Northern Times.
Liverpool, Merseyside, England, 1860-01-05 00:00:00

MONETAtRY AND COMMERCIAL,

LIvER,FooL, Wednesday Evening.

The Cotton Market to=day showed a fair amount
of demand, 'and a considerable buSiness was the
result. 'The sales "Fere 8,400 bales, of which 000
Were for export, or taken on speculation. Prices
were steady throughout the day.

In the Railwair Share Market business opened
with a buoyant tone, and stock was eagerly
bought at an advance of one-half per cent. on
yesterday's currency. Towards the close, how-
ever,the market became inactive, and closed with-
out much appearance of business. The transac-
tions included Birkenheads at 76k, 7 ; Edinburgh,
Forth, and Dundee, 314 ; Great Wester% 701 ; Lan-
cashire and YorkeNre, 1011, ; London

and North Western, 99a, a-, Do. One-eighth
Shares, id. ; Manchester, Sheffield, and Lincoln,
3911 ; Midland,llol ; North' astern—Berwick
Stock, otl, a ; South Eastern, 252, 11-16, glll--16;
; Grand Trunk .of Canada, 10 7-16 ; Chester
and Holyhead, Fleased .to London and North
Wesiern,_ s_ol ;_ Manchester, Sheffield, and _
Lin-
coln, ~C 6, :new 11-16 p..; 'Pacific' Steam Company
Slew ShareS; 62 ; Great Ship, K.

CLOSINO PRICES.
Chester & B'head 77 . 777 N. E. Der. c. Stock 951 95:,1;
Caledonian . . 95 95i, Yorkeapital Stock- 79 792
E. Coun.ll 1:1-16 11.1-185-16 Leeds Stock .... 4.61
G. N. Stock .. .. 107 1074 S. Eastern:. . . 25t- 251
Glut Westerns.. ..7n 70:1 Dutch Rhen. 4 -9-16 4 7-16 d
Lan. and York...Jai-11 ‘IOIL4 Gt. Luxem...
Lu: &Nor-. West. 991 99? G. T. of Cana. 10.xhc1.5104-
, 4--shares .7-16 Id G. W. Canada 12 9-16 12-1
M. S. and. Lincoln 3'971,- 391 , new shares 71t, 71d
Midland Stock ..1.40:, 114 Buiado &L.Huron .5
N. British Stock.. 631 64i Great Ship .. _ll/6 12/6
N. Stafford 3 13-46 3 11-16 d Lomb-Venetian 2t. 21p

The traffic of the London and North-western
Raidway for lite week was .272,058, being an in-
crease of .£6,8130.

'LONDON STOCK EXCHANGE.

Wednesday Evening.

The Market for English- Securities was rather
prothiSing in the morning. Business transactions
did not proportionally accumulate in number as
the day worenn. An-advance, however, of an
eighth per cent. has been :established in Consols,
Whidh .are now quoted 1951 to Z, and 95Z
to 96 for the February account. Bank Stock
has been dealt in at 2271 and '227. Rethiced
Three per Cents., 95. Z and 96 ; India De-
bentures, 981 ; Ditto Bonds, 10s. prem. ; Ditto
under £l,OOO, 10s. and Bs. prem. ; and Exchequer
Bills, 315., 285., and 31s. prem. Stock of the
New Indian Five per Cent. Loan is supported at
104.1 to t. Turkey Bank shares are quoted Zto
1.1 pm. Shares of Ocean Marine Insurance re-
main steady at 11 tog Pm. - - -
In the English Railway Share Market business
though quiet has been firm, with a tendency to
advance. London and North-western and Great
Western may be considered 4 per cent. higher.
South-eastern have improved about 1 per cent.
The Market for Foreign Securities has been
rather flat, but without any relaxation of valves.
Original Turkish Six per Cents. have advanced
fully ,1 per cent., the actual price realised being
791 and 781 ; and the New Sixes brought 66, 67
and 661. •
The quotation
.for the: French Rentes at ten -
minutes past twelve was 68f. 60c., with a flat and
inanimate market.

The steamer Tyne, from the Brazils, arrived off
Hurst Castle this morning.' She brings, in
specie, £41;400.

TILE FUNDS.7-CLO.SING

Consols, Money... ----;
„ Account,:.. 954
__l7.

Bank, Stock .. . 226 8
Three per Cents.. t;O; 6

Eiehequer Bills.: .28- 31

RAILWAY SHAREA.-CLOSING PRICES.
Amb. Not. &E. J.. 61 1 Lancas: & York. 101 a A.
Caledonians 95 IL.& N. West... 991 1
•Dutch Rhenish . L. SilS. W. . 981, I
Eastern Counties. 581 / Leeds Northern:. 48/ -91
East Lancashire. Man. Sheff. &Lin.:39f
Edinburgh & 821 31 Midland Stock —1101; 1
Great Northern 1071 8 North Britisk, . 63/ 41
„ A. 96 11N. Staffordshire..
Gt. Westerns .... 70 IIS. E. & Dover .. 851 I
G.W.Canada ...12•'- 1 York, N.& B. .. 95
Gd. Tk. Canada:. 43/ 41, I York &N. Mid... 781 91
Gt. S. & West. 112 113

The following appeared in a portion of our
impression of yesterday .

THE MONEY MARKET.

The English funds have again been steady throughout
the clay, and at the close there was an increased ten-
dency to- firmness, although without any actual change
in quotations. The demand for discount has 'been heavy,
and the, applications at the Bank were numerous. Oa
the Stock Exchange there is a full supply of money at
2 per cent.—Tunes.
In the railway market, yesterday, there was again a
good demand for British and Colonial stocks, especially
India guaranteed, which continue to improve-on pur-
clifisesfor investment. As regards home deFriptions,
there are few sellers, as the period approaches for the
half-yonrly dividends ; and generally more confidence is
shown respecting the prospective value of this class of
securities. In several cases a fresh advance of sto
per cent, took place yesterday.
The markets •for home securities continue to evince a
remarkable degree of indifference to the speculative dis-
appointment of the Paris Bourse, being supported b
the continued demand for 'investments, combined with
the approach of dividends which will be paid on Mon-
day next. The funds have not varied from yesterday's
prices. The impression with reference to the prospects
of the Indian finance is becoming more hopeful from day
to day. .The new Indian 5 per cent. loan having been
carried to a very high premium, demand is now chiefly
diverted to railway stocks as well as to the 4 per
cent: debentures.. Of all these a steady absorption is in
progress. There was an active demand for money both
at the Bank and in the openmarket, partly in preparation
for the 4th. ;No gold was withdrawn from the Bank, the
late arrivals supplying• immediate wants of exporters.
In the foreign exchanges, this afternoon, bills on the
continent generally were in fair demand, and in two or
three instances the tendency was rather unfavourable.—
y .News.