The Northern Daily Times.
Liverpool, Merseyside, England, 1857-02-03 00:00:00

MONETARY AND COMMERCIAL.

T TIERPOOI.,. MONDAY EVENING.
The tenor of the Erie son's advicos, and the non-
arrival of the Asia, which was to Sail from New
Fork on the kilst ult.; induced a quieter feeling in
our Cotton Market to-clay, but the supply offering
being moderate, prices remained without much
change. The sales were estitnated. at 6,000 bales,
of which 300 were taken. for export and on

speculation.
There was a very inactive feeling in the Liverpool
Share Market to-day, yet prices were well sus-
tained. The sales reported were-Blackburn, 8
11-10. Caledonian,-30a, /,1-, 1,1, 1. East Lanca-
shire, 235. Edinburgh, Perth, and Dundee, 88.
Lancashire and.Yorkshirp, 961. London and North
Western, 1061, 6. Manchester, Sheffield, and Lin-
coln, 331, Midland, 84. 4. South Eastern
and Dovers, 22*. Dutch Rhenish, 1-16 p. Man-
chester, 1-16 p. The closing prices were.as follows:-
Blackburn, B4. Chcster and Birkenhead,.
65 65k. Caledeniane 311 811. Chester and
Holyhead, 18081. .Eastern Counties, 91 9 5,16
East Lancashire, 238 231. Great Northern, 23
23k.
.Ditto A Shares, 94 91. Great Western, 65/.
66. Lancashire , and Yorkshire Stock, 961 961
Liverpool, Crosby, and Southport, 18114. London
• and North "Western Stock, 1061 1061 - Man
chester, Sheffield, and Lincoln, 33* 331. Midland
Stock, -84 82i. North British, 10 10k. 'Noah
Staffordshire, 5 414. South Eastern and Davey,
221 22 5-16. Scottish North Eastern, 1,21 13. North
Eastern-7-Berwick, 20 15-16 21 1-16. York and
North Midland, 291308 Leads capital Stock, 17118.
Buffalo and Lake Huron, 1 7-16 tin. Datch
Rhenish, par, 146 p. Great Western of Canada,
24 13-16 24:-L-. Ditto New Shares, 21 2 13-16 p.
Great Luxembourg, 111 11d. Grand Trunk of

Canada, 121 121. -
Colonial produce is in fair demand to-day. The
transactions comprised a fair amount of business
in sugar at better prices, Demerara bringing
55s 6d ; Barbadoes, 52s 6d to 55s 6d ; Benares,
53s to 54s 3d; Mauritius, 52s 6d; and clayed
Manilla, 60s. Saltpetre brings 43s per.owt for
three per cent refraction. Other articles are held

at for Mer rates.
The monthly wool circular of Messrs. W. Gream©
and Co., issued this afternoon, contains the fol

lowing
Since the opening of the New Year, there has beenn
large. amount of business done in the wool market, wi.h a
further advance in prices generally; the chief features how-
ever,- worthy of remark during the past mouth, is the first
series of public sales, which commenced on the 15th, and
closed on the 23rd.u1t0.; during which periodi 19,847 bales
sundry wools were b:oualat to auction, of which no less'
than 12 092 bales. were East India, the largest quantity
ever offered at one time ; there was a very numerous
attendance, and prices ranged from a 1 to IV per lb.
higher as noticed in our detailed report of that date; since
that period, there is no new feature to notice in the wool
market, stocks of all descriptions of wool are now so limited
as to lead treserions apprehension of short supply for future
requirements dir ing the period which must elapse until the
new-clip. Sales have been made in Australian ools by private
contract at a considerable advance on last auction rates in
London, and since our public sale?, the few transactions
that have taken place in Turkey, Egyptian, Peruvian, and
other foreign wools have heea at extreme rates. For
English and Irish there has been a good demand, the high
prices quoted at the close of the last year have been well
supported and on most-sorts, particularly combing wools, a
further advance has been obtained during the past month.
Sfocks of all kinds are extremely light, and quite inade-
quate to the present consumption and demand ; the same'
remark applies to Scotch wools, both laid and white, Of
which there are no stocks on hand at the present moment.
There is not much change to notice in the state
of the Money Market: The Discount Market
:continues very stringent, but there is not more.
than the usual pressure immediately before the,
4th of the month. On the . present occasion,
however, there are other circumstances to.augment
the demand, among which the, most prominent are
the approaching settlement of the Consol account,
and the payment of called in joint stock companies'
shares. The. full rate. of 6. per cent.. is charged
for the best bills,' while those •of a second or third
rate description are not negotiable except on much
higher terms. The brokers and bankers are
finding full employment for all the capital they
can command, bat they have not increased
their allowance for 'deposits. There is now
less uneasiness with regard to the course the
Bank Directors will pursue in eenseqUenee of the
general complexion of the Bank returnathe receipt
of about 000,0001 in silver, and the expected
arrival of gold from Australia. The drain of gold
from this country continues, as much as 60,000/
having been taken
.from the Bank on Saturday,
and it is expected that further sums will leave
during the current week. Unless steady and exten-
sive remittances from the Antipodes are received,
therefore, we may yet expect a material diminution
in the metallic reserves of Threadneedle street ;
but affairs have not assumed such an unfavourable
aspect as to indicate an immediate alteration in the
minimum.
There was a very quiet demand for the Funds
and Public Securities to-day, the arrangments
connected with the settlement of the account being
in progress. Very few arrangements were entered
into. Consols for Money were 93 to 93k, and 921
to 93, while for the sth instant they were 92'4, 93,
and 938. The March quOtation was 931 la. The
New Three per Cents were 938, I. The Reduced
93k.
The bargains in the Foreign Market were
exceedingly limited, but the prices were generally
firm. Turkish 6 per Cents. 92 to 93 and 93k,
but the 4 per Cents. merely nominal. Spanish
New Deferred 232 e S, and the Certificates were
flatter, viz., 68 to 61. Mexican Stock 21 a, and
Guatemala Bonds 58 ex dividend. •
In the London Railway' Share Market there was
but little change to-day. One or two of the leading
lines show a slight improvement, but the variation
has not been to any extent. Caledonian, Choker,
and Holyhead, and East Lancashire, advanced
about 5s North Western, South Western, Midland,
and Great Northern fully maintained previous
values. There were no dealings reported in the.
French- lines, but Canada ruled steady. Grand
Trunk of Canada advanced ss, and Great Western
of Canada ss. •
British Mining Shares have been rather actively
dealt in, and. North Frances and Wheal Edward
have realised slightly improved terms. Foreign
Mining Shares are quite at nominal values.
Joint Stock Bank shares ruled- dull. Bank of
.Egypt were rather firmer, as also Oriental Bank.
It is stated that the bullion in the Bank of
France has increased of late, and is now about
120,0001. less than at the date of the last. monthly
return. As the Bank's purchases of gold abroad
'have lately diminished, this result is referred to as
not unsatisfactory. It .is symptomatic, however,
of the eagerness which is still evinced to extend
the area of speculation that the shares of several
new projects are to be admitted next week into the
parquet, or official market.
It appears from the statements presented at the
general meeting of the shareholders of the Bank of
France on Thursday, that .the general movement,
or aggregate operations of the Bank during last
year, exceeded 35 milliards, or 1.400,000,0001 ster-
ling. The discounts alone reached 200,000,0001
sterling. It, is mentioned that every. one of the
branch banks yields remunerative*results.
We are informed that the North Holland Rail-
way project, like the Mons Collieries, will not be
proceeded with in its present shape, and in the'
preSent 'discouraging state of the money market;
It is reported, however, that there is some prospect
of the undertaking being ultiniately carried out
under different arrangements.
• Subscriptions are invited in-London for 200,0001
of the State. of Ohio Loan of '2,000,000 dollars.
This is a 6 per cent stock, redeemable after the
kat Decemhole 1888. The amount sent for sale
in this market is offered at par, the exchange being.
taken at as 6d per dollar.
The EucatOrian Commission of Agency have this
day received a remittance of 1,000/ on account of
Eucatorian dividends.
The following is from the Committee of Mexican
Bondholders : •
The Committee of-Mexican Bondholders have received
edifices from Mr. Whitehead, dated Mexico, the 2nd ult.,
and referring to some of the 19th Pecember last, which
have not yet come to band. Mr.lerdo bad 'resigned the
ministry of finance, which had created an extraordinary
sensation, The leading papers of the capital treated his