The Northern Daily Times.
Liverpool, Merseyside, England, 1857-01-03 00:00:00

MONETARY AND COMMEtiC'At,

LIVERPOOL, FRIDAY EVENING.
The alvices per the steamship Atlantic have
induced greater firmness in .the Cotton Market.
The demand continues pretty extensive, and today
sales to the extent of
.15,000 bales were reported,
which include 3000 for export and on speculation.
The prices paid .vere 4 7-10 to 58 for Surat, 71 to
81 for Brazil, and 7-1 to 9i for Egyptian. We take
the following from the circular of Wright, jun., and
Co., issued for the sailing of the America to-
morrow : .
Out market has been closed since the 24th ult up to
Yonday last, when business was resumed under later advices
per Arabia, which occasioned renewal activity, and the
daily operations have been extensive at improving rates,
until a full l per lb advance had been established on the
current qualities of American LPecidtion. The trade .have
been eager purchasers, and have not quibbled about price
when their selection could be m-!: with, and which, from
our limited holdings, is not of easy accomplishment. The
greatest anxiety prevails in regard to future supplies, and
thoigh the present high range of prices naturally excites
caution, the position of the sterile is such as to supersede
ether outsider itions. The trade and revenue returns are
flattering, and money matters are more promising; political
events, though somewhat unsettled, do not excite more
than passing remarks, and are expected to quietly settle
down. Tice state of trade in the manufac'uring districts
is at present active; is remaining so after
existing contracts expire depends upon future de-
velopments, it is difficult to form an opinion upon after so
important an advance as has recently taken place. In order
to keep the tables uniform, we only give the reported
business of three days. to the end of 1856 On Thursday.
although a partial holiday, they embraced 10,000, 3,000
to speculators and exporters, and to-day 15,000 bales, 3.000
to speculators and exporters, the market closing very firmly
at extreme rates. Import for same time 7,187 bales, 6,704
American. The total sales from the 24th to the 31st
December (Four days being holidays) amount to 50,600
bales, of which 33,110 are American. Speculators have
taken 18,820, and exporters 5,330, leaving 25,450 bales
of all kinds to the trade. No import during the same time

PRICES TO-DAT PM NEW C)TTON, OLD -ID LESS :-
New Orleans Fair, 714 Middling, 711 Ord., 511 to bad
Mobile I) 711 I „ 7d „ 511 to 6/1
Atlantic „ 7kl „ 511 to 61d
1856. 1855.
Total taken for Consumption, 2,187,889 bls. 2,055,050 bls.
9' Export (Actual) 268,000 bls. 234,310 bls.
Stock this day. •
American Brazil Eerptian E. India W. India Total
173,180 27,170 25,060 53,360 660 281,430
Same time •185.5.
231,880 62,700 48,290 81,340 3,400 428,810
The Liverpool Share Market has manifested-a
steady tone to day, although at the opening it was
somewhat weak. Compered with yesterday's
quotations prices have receded. The sales
include :-Blackburn, 6*, 11-16, 1.
Caledonian, 31. East Laueashire, 238. Great
Western, 631 t. Lancashire, and Yorkshire, 974,
London and North Western, 104, 7. k, 64 i.
Midland, 83. North British, 10. Berwick Capital
Stock, 211. North Western, 7/, k. ta South
Eastern and Dover, 24 North Eastern, Berwick,
4 per Cent. prf. ,93 North Stafford, 41 I. Great
Western of Canada,- 25k. Ditto New Shares,
2* p. Grand Trunk of Canada, 13*, 15.16,
are the closing rates of the day :-Abereleen,l34 131
Blackburn, 8 11-16, 8 13.16 ; Chester and Birken-
head, 65, 66 Caledonian, 308 31. Chester and Holy.
head, 19 191. Eastern Counties, 9 3-16 9 5.16. East
Lancashire, 23 9 16, 23 11-16. Great Northern, 2.2 k
221. Ditto A. shares, 94 91. Great Western, 68 681
Lancashire and Yorkshire Stock, 978 97k. Liverpool,
Crosby, and Southport, 181 188. Lundon.and North
Western Stock, 1062 107. Manchester, Sheffield, and
Lincoln, 344 34.8. Midland Stock, 82* 831 North
British, 10 10 1-16. North Staffordshire, 4/ 4-77 d.
South Eastern and Dover, 22 5-16 221. York. New-
eastle,and Berwick,2lk 21A. York and North Midland,
304 304. Leeds Capital Stack, 18i 181. Buffalo and
Lake Huron, 1* 2kp. Dutch Rhenish, 11-16 ip
Great Western of Canada, 25 25k. Do. New
Shares, 2* 3p. Great Luxembourg, 10/ 10kd.
Grand Trunk of Canada. 131 14.
We have to notice a less active demand for
money both here and in London. Nevertheless
there is not any decline in the rates of discount..
Less difficulty is felt in obtaining monetary accorn
modation, as the supply of capital is on the
increase. Of the gold ex the Red Jacket about
160,0001. in all is computed to have been purchased
by the Bank, the rest being taken for the Conti
nen t The proportion retained here would probably
have been larger but for the withdrawals of
silver from the Continent, which have
necessitated shipments of gold from this side.
The amount of gold brought by the John Bunyan,
from Sydney, is 27,000 ounces, worth about
£lOB,OOO The advices received by the Overland
Mail froni Melbourne mention that 85.000 ounces
of gold, worth about £340,000 had been shipped
from that port in the week ending the 18th of
October. As the royal mail ship Montmorency was
to leave Melbourne, for Liverpool, on the 15th of
October, it is inferred that the sum in question is
on board that vessel, which has now, assuming
that she sailed on the day fixed, been at sea 78
days.
The market for Public Securities has been
exceedingly dull all day but the quotations
remained without variation. In Foreign Stocks
and Railways, as well as in English Securities, the
dealings, both real and speculative, were very
much circumscribed, but when the January
dividends are paid, more animation will no doubt
be experienced. Consols have been 94 to 94k for
the Bth,inst , and 94* 1 for February. The New
Three per Cent. are 94/ I, the Reduced 9481. Ex-
chequer Bills 3e premium, and India Bends ls,
discount.
In the London Railway Share Market the
business transacted to day was limited, and a
decline generally of about to I per cent took place
on yesterday's quotations. Great Western, however,
have been still further depressed, the decline
being fully one per cent. Caledonian, Brighton,
North 'Western, Midland, North Eastern, Berwick,
and South Eastern, declined about ss, and South
Western 15s. The French lines are at almost
nominal prices. Grand Trunk of Canada receded
about 21, Great Western of Capada ss, and*the
East Indian 1/. to 1/ ss. The sales included the
following :-Caledonian, • 621 63 Great Western
671 28. London and North Western, -107 6*.
Manchester Sheffield and Lincoln, 34k. North
British, 404 North Staffordshire. 121. Dovers,
741. Great Western of Canada, 2-11 A. Do. New,
104- Grand Trunk of Canada, 55 56.
There has been little business going forward in
our corn market this week. The imports, both
coastwise and from abroad, are to a moderate
,extent, whilst rather large shipments to foreign
ports are taking place. The receipts at Liverpool
of flour, wheat, and Indian corn, were much larger
this year than in 1855. The imports in 1856 were
1,381,652 qrs. of wheat, 906.823 qrs. of Indian corn,
1;255,696 brls. of flour. The increase in these
articles reaches to 733,142 qrs. of wheat, 227,800
qrs of Indian corn, and no less than 1,034,739 brls
of flour. The market to day was dull, and opera
tions in all articles limited, prices of wheat being
to 2.1. per qr lower, and other articles nominal.
We have advices from Alvah to the 12th of
November. They inform us that the late news
from Europe had caused a languid feeling in the
rice trade. A circular of the above date says :-
The weather during the last six weeks has been
exceedingly favourable to the crops, and the Laroong is now
in course of being reaped and housed. The Nakrensee
follows about a month atter. The cultivation of Nelcrensee
being more remune-ative to the grower than that of Laroong,
the latter is falling off yearly, whilst Nakrensce is increasing
to the same extent. The Wizard, American, of about
1,500 tons burthen, arrived here on the 9th inst., is expected
to proceed to Calcutta for want of cargo, owing principally
to the natives being all employed in cutting the Laroong. We
do not expect to see any of the new Laroong offering
until the end of this month,. 45r to 47r are talked of as
likely to be the opening prices. In the China markets rice
prices had experienced a heavy decline, large arrivals
were due from Calcutta and other parts, and prospects for
the second China rice crop were very promising, we do
not, therefore, expect any demand for China here.
Cleaned rice is selling for consumption at J r 8a per maud,
equal to about 47'r 84 per 100 baskets ; this brings the
comparative value of cargo rice down to about 35r to 37r.
Respecting freights an exclusive London firm
thus write :-

Laying before our friends what we believe to be
their reasonable prospects for the current year, we
cannot hide from ourselves the fact, that we have far too
much tonnage afloat for the purposes of our legitimate