Northern Times.
Liverpool, Merseyside, England, 1859-07-01 00:00:00

THE NORTHERN TIMES FRIDA\, JULY 1, 1859

SP OR TINGE INTELLIGENCE.

NEWCASTLE-ONATNE RACES.—YESTERDAT.
THE TYNE TIANDYCAP of 3 sous. melt: with 20 added, for all ages,
the second to sans his stake; three quarters of a mile.

Augur.....
Layton ....
La Victione

THE GATESHEAD NURSERY rAANDICAP of 5 sovs each, aft. with
50 added for two year olds.; winners of 100 sovs after Jane 20, 51b
extra; T.Y.C.; 16 subs.
Miss Hawley .... ...
Butterfly ...... ............ ...
Annie

Tux GOLD Cur HANDICAP of 5 sovs each, with 50 added, for all
ages ; winners of any handicap value 150 sovs after June 20 71b
extra; Newcastle Turn in ; 12 subs.
Daniel
'Gift ..
Rachel
A PEIVATE SWEEPSTAKES of 100 sovs each, 25 ft. for 'two year
olds ; colts Bst 71b, fillies Sst 41b ; half a mile 3 subs.

Tiger ....
Mrs. Rarey

The CORPORATION PLATR (Handicap) of 60gs, for three year olds
and upwards ; winners of a handicap of 100 sous or upwards after
Dilkoash ......
Lottery
Tom King .. .. 3

MONETARY AND COMMERCIAL.

LIVERPOOL, Thursday Evening

The Cotton Market remaining very steady, the
business done being to a fair extent and prices well
supported. The sales to-day were 8,000 bales, in-
cluding 1,500 on speculation and for export.
The Liverpool Share Market has been very buoy-
ant to. day, and, with a good business doing,
prices have advanced considerably. The follow-
ing are the transactions :-Chester and Birken-
head, 741, 741, 741, 741 ; Lancashire and York-
shire, 921, 93, 931, 931, 934 ; London and North
Western, 901, 901, 901, 901, 91, 911, 911, 911,
911, 911, 911; 911, 92 ; Manchester, Sheffield, and
Lincolnshire, 361 ; Midland, 100, 991, 99a, 994, 1004;
Dovers, 201, 20 5-16, 20 7-16, 204, 20 7-16, 201,
20 11-16 ; St. Helens Canal and Railway Company's
Shares, 130. The following were the closing prices :-
Chester and Birkenhead 741, 741 ; Caledonian,
80, 801 ; Eastern Counties, 11- 5-16, 11 7-16 ; East
Lancashire, 90, 91 ; Great Northern, 99, 100 ;
Great Western 56, 564; Lancashire and York-
shire Stock, 931, 931; London and North Western
Stock, 911, 921; Ditto one-eighth shares, 1 9-16, 1
7-16 d; Manchester, Sheffield, and Lincolnshire, 364,
361 ; Midland Stock, 100, 1004 ; North British, 55,
56 ; North Staffordshire, 41, 4 d ; North Eastern
-Berwick, 88%, 891 ; YOrk and North Mid-
land, 72, 721 ; Leeds Capital Stock, 45, 454; South
Eastern and Dover, 201, 20 11-16 ; Buffalo and Lake
Huron, 44, ; Dutch Rhenish, 64, 61 d; Great
Western of Canada, 141, 141 ; Do. New Shares,
5%, 51 d; Great Luxembourg, 5 7-16, 5 9-16; Grand
Trunk of Canada, 84, 81 ; Lombardo-Venetian,
1, 11 d ; Do. New Shares, 11, 1 d.
Although the demand for accommodation has
increased, there are some parties who look to the
Bank reducing its rate of discount to 21 per cent.,
before the revival of speculation in trade and in joint
stock projects shall again produce a permanent
reaction in the tendency of financial affairs. The
slight alteration now apparent in the money market,
which a few days since was singularly inactive, is con-
sidered merely of a transient character, attributable
to concurrent circumstances, which at the end of each
half year usually occasion greater activity among
those engaged in discount operations. The bullion,
although considerably above the average is steadily
increasing, and the Bank directors have been unable
to maintain the stock of Securities in their portfolio,
owing to the keen competition out of doors. The
abundant resources of the market enable the Dis-
count houses to secure the majority of the bills
which the public desire to negotiate. When Conti-
nental politics assume a more favourable form, and a
cessation of hostilities takes place, there may be
some probability of such an extension of speculative
adventure as shall bring into use a considerable pro-
portion of the resources now available, and an
upward tendency may then be anticipated in the
value of accommodation. The Market for the Public
Funds and Securities was more active to-day, and
prices were decidedly improving. Consols closed at
924 to 93. Exchequer Bills at 22 to 25 ; Bank
Stock, 219 to 221, and the New Threes at 93 to 931.
The London Railway Share Market was extraor-
dinary buoyant to-day, the settlement indicating a
great scarcity of stock. A rise of no less than 11
per cent. has taken place in London and North
Western, and Lancashire and Yorkshire Stocks.
The following were the closing prices :-Ambergate,
Nottingham, and Eastern Junction, 5%; Caledo-
nians, 801, 801; Eastern Counties, 561, 561 ; East
Lancashire, 90, 92 ; Edinburgh and Glasgow, 701,
711; Great Northern, 100, 1001 ; Do. A., 81, 83 ;
Great Westerns, 551, 561 ; Great Western of Canada,
144, 141 ; Grand Trunk of Canada, 81, 81 ; Great
Southern and Western, 1044, 1051 ; Lancashire and
Yorkshire, 931, 94 ; London and North Western,
921 ; London and South Western, 92, 93 ; Leeds
Northern, 451; Manchester, Sheffield, and Lincoln-
shire, 261, 261; Midland Stock, 1001 ; North
British, 541, 551; South Eastern and Dover, 684, 69 ;
York, Newcastle, and Berwick, 881, 891; York, and
and North Midland, 721, 731.
The Liverpool Produce Markets are very quiet.
The transactions in Sugar to-day were only 50 hhds.
grainy Demerara at 445. 6d., and 420 bags Benares
at 445. per cwt. Of Molasses, 160 puncheons Deme-
rara have been sold at 14s. 6d per cwt. We have
nothing to notice in Rum or Coffee. 500 bags Bengal
Rice (part of 1,000 bags offered in public sale and
withdrawn,) have since been placed at 12s. per cwt.
Of the seeds also offered by auction this morning,
1,000 bags Bombay Linseed have since been sold at
495., and 900 bags Rape at 50s. for Guzerat, and 425.
6d. per quarter for good brown Bombay.
At the annual meeting of the South Australian
Company a report was presented, stating the annual
profit for the year to be 27,2371. 8s sd, out of which
the directors recommended a dividend at the rate of
7 per cent. per annum. The profit on the land sales
had been 1,7851., which had been carried to the gene-
ral account. After some discussion the report was
agreed to, and also the dividend as proposed. The
usual vote of thanks was passed to the directors, and
the proceedings terminated.
The numerous holders of the New Indian Loan
who have paid up in full complain a good deal of the
delay, in the issue of the Debentures.
The last annual drawing of Bonds of the Turkish
Six per Cent. 3,000,000/. Loan of 1854 took place on
the sth July, 1858, when the amount of Bonds drawn
was 33,7001. Their payment at par took place on
the 10th October. At the period referred to the
quotation of the Stock was nearly 96. Upon the
present occasion the bonus to those holders whose
Bonds may be drawn will be still larger.
About 12,0001. in Australian gold, making a total
of 162,0001. since the date of the last return, was
yesterday sent into the Bank. The steamers Hercules
and Kief have arrived at London from St. Peters-
burgh, with 100,000 half-imperials, or 80,0061., and
the Atrato at Southampton from the West Indies,
with about 240,0001. in gold and silver.
Much, surprise is expressed at the extraordinary
delay in the arrival of the Calcutta and China mails,
the light portion of which was due at Marseilles at
the end of last week. As previously mentioned, they
reached Aden on the 16th instant, per the steamer
Alma, and a brief summary of their contents, trans-
mitted through the Red Sea Telegraph, was brolight
to Marseilles by the last Bombay packet. In the
event of the Alma's machinery having become de-
ranged on the passage from Aden to Suez, the
steamers which are to bring the two portions of her
mails on from Alexandria would of course be de-
tained at that port. On Saturday, another steamer
is due at Marseilles with the light portion of the
mails from Bombay and Australia, so that some infor-
mation will probably soon be furnished respecting
the cause of the delay, which has produced much
inconvenience. The suspension of the telegraph
service between Malta and Cagliari of course pro-
longs the period of uncertainty.

The Brazil and River Plate mails, by the steamer
Tyne, are expected to be distributed in London on
Monday next.

The Indian Queen cleared from Melbourne on the
12th March for Liverpool, with 2,506 ounces of gold.
She struck on an iceberg April Ist, in latitude 60S.
and longitude 69 W. The captain, together with
some of the crew, left in the lifeboat, considering it
prudent to quit the ship, and it is presumed that he
took the gold with him.

The annual meeting of the General Mining Asso-
ciation was held to-day, Mr. Bridge in the chair,
when a dividend of 15s. per share was declared,
which, in addition to the like amount paid in January
last, made 30s. per share for the year 1858, The
sale of coal in Nova Scotia had fallen off to a con-
siderable extent, the aniount disposed of in the past
year being only 228,565 tons, compared with 307,050
tons in 1857. The report was adopted.
The Funds to-day show renewed firmness. Consols rose
in sympathy with the Paris Bourse. There was also an
idea that the minimum rate of discount at the Bank may be
reduced to-morrow to 2k per cent., although the establish-
ment is now getting a fair share of the current business of
the market at three per cent.—Daily Hews City Article,
Wednesday Evening.
The English Funds have been steady to-day. They
opened at yesterday's prices, and have closed at an improve..
meat of I per cent, The applleatioes for discount at the

Bank have again increased, ;, and in the -open market the.
rate is little below 3 per cent. The Russian Government
have re-opened their account with the Bank of England,
which was closed at the commencement of the Crimean war,
and an arrival of £160,000 in half-iruperials from- St.
Petersburg has been taken to that establishment. The
failure has been announced of Messrs. Stephens Brothers,
merchants, and East India agents of Liverpool shipping,
chiefly to Bombay, with liabilities stated to amount to
£140,000. About £32,000 in Australian gold was taken
to the Bank to-day. Railways : At the close of the market,
most of the leading English Stocks were quoted I to 2 per
cent. higher.—Times City Article, Wednesday Evening.

TRAFFIC RETURNS.—the increase in traffic is this week
as follows :—London and North Western, £5,128 ; Great
Northern, £1,886 ; Great Western, £2,422; and London
and South Western, £2,528.

LIVERPOOL PRODUCE MARKET.-JuNE 30

SUGAR : We continue to have a quiet market, 50 hhds
grainy Demerara only being reported at 44s 6d, and 420
bags Benares at 44s per cwt.
MoLAssEs : 160 puncheons Demerara have been sold at
14s 6d per cwt.
RUM : Nothing to notice.
COFFEE : No sales. _ _

Rica : 500 bags Bengal (part of 1,000 bags offered by
auction and withdrawn) have since been placed at 12s
per cwt.
SAGO FLOUR : Small sales at 17s per cwt.
DYEWOODS : 100 tons Campeachy Logwood at £6 12s 6d
per ton.
ASHES : A little done in old Pots at 265, and small sales
of Pearls at 30s.
NITRATE OF SODA : 5 tons sold at 14s 6d per CWt.
SALTPETRE : Nothing further has transpired.
BRIMSTONE : 10 tons best seconds at £8 2s 6d per ton.
SUMAC : 220 bags taken at 10s 9d to 12s, and at 12s 9d
for SDP.
SHELL LAc : 15 chests native orange at 955.
OiLs : Palm at £47; Linseed quoted at 29s to 29s 6d,
and Rape at 39s 6d to 40s.
TALLOW at 57s for PYC, and 56s 6d for South American.
LARD : 58s asked for fine quality.
ROSIN : 1,000 barrels to arrive at 3s 11d.
SPIRITS OF TURPENTINE : 10 barrels at 40s. _

SEEDS : 1,000 bags Bombay Linseed has been sold at
495, and 900 bags Rape at 50s for Guzerat, and 42s 6d
per quarter for good brown Bombay.