Northern Times.
Liverpool, Merseyside, England, 1859-11-09 00:00:00

of this da

Messrs

C 2 respect to the

SeldoTn have we known our

produ( e m irkets to remain so, uniform in tone for such
a lengike i d period as we hate lately experienced.

No life in anything-" is the daily remark ou.'Change,
significant of that total absence of speculation in all
articles alike, which has been the marked feature of this
year's business. It must not, however, on that account
be inferred that no business is being transacted, for
there has all along been a'steady and tolerably extensive
trade demand from day to day, coupled with an almost
equal steadiness in. prices, and there being no prospect
of an early improvement in this latter respect, importers
have continued to sell freely on arrival.* • The mere
nominal freights at which produce has been. brought
home has increased the supply and were it not for the
healthy state of trade throughout the country, and the
extreme cheapness of money, prices would have ruled
lower, and stocks acctimulad ; as it is, we think the
lowest range has been reached, and that improvement
is more probable than decline. A very large amount of
produce has been- destroyed during the late severe
storms, and the desuctiori of 'shipping is,
without parallel ;. this, latter must have its infl
freights during the coming season

perhaps

SUGAR.—We have a better state of thing:, to report
in our Sugar market, and the buying has been. pretty
general, at an advance of ls. per cwt. The, deliveries
for consumption have been satisfactory, and the stocks
in the four ports- have been reduced by 5,000 tons in
the month, and now stand at 125,000 tons, against
130,000 on the Ist October last, but against 105,000
same period last year. The accounts received from
America yesterday fully confirm the injury done to the
growing crop in Lousiana, and estimate the loss at 120,000
hhds., or 60,000 tons.; this doubtless is a large item to
place against the increased stocks in Cuba. and the
Brazils. Thy last few' days there has been less activity
in the market, and we are approaching the season of the
year which is invariably dull. Molasses have been in
fair demand, and holders of good
and fine. are asking
higher prices, though there is little change in value to
quote. _

TEA.—The past month has been the most inactive we
have experienced for a long period, and the few sales
made in congous, especially the flavory mixed leaf kinds,
have been in every instance in favour of buyers. The
chief feature of the month was the arrival in London of
the Ellen Rodgers, ou the . 24th ultimo, from
Foo-chow-foo, with new crop Kaisows,. and some sales
were made from 2s. sd. to 2s. Bd. for chests and half-
chests, and 2s. 10d. for boxes ; but after the Fiery Cross
was reported off the coast on the 25th ultimo, these rates
were not maintained by this ship. and other recent
arrivals, and prices may now be quoted 3d. to 4d. lower
for the finest grades, at which reduction the dealers have
bought rather freely; these Teas so far are very deficient
in strength, and very few of them true Kaisow flavor.
There have been two mails from China ; the letters by
the last were delivered on 31st ultimo, with dates to
3rd September from Shanghae and Foo-chow-foo, and
12th September from Bong-Kong, stating exports for
the season to be 10,787,164 against 4,262,060 same
period last year, and that Teas were arriving freely at
the shipping ports. This has increased the previous
dulness prevailing with the country dealers, and transac-
tions are on the most limited scale for old imports.
Blacks : Common congous are very scarce, and prices
are nominal at ls. 41d. to ls. 5d., with little inquiry ;
the few transactions made in the flavory mixed leaf
kinds are -td. to Id. lower, whilst the medium blackish
leaf up to fine and finest Moning and Oopack sorts are
more difficult of sale, and quotations are not supported ;
there has also been less doing in common to good
scented caper and orange pekoe, but the fine to
finest kinds continue saleable.—Greens : The improved
demand noted in our last for Canton-made kinds has
subsided, and they are now difficult of sale ; good to fine
hyson, young hyson, imperial and gunpowder, are in
good request at full previous rates. On comparing prices
with the Bth ultimo, all descriptions of congou of old
imports are id. to ld. lower, and the new crop Kaisows
imported into London have declined 3d. to 4d. from the
°Pening rates ; in all other descriptioni of blacks and
greens there is not much change to notice, but nearly all
in the United.
are more or less difficult of sale. We estimate the stock
q7LsnOtiOty,o9llbost Kingdom at 49,500,0001b5., against
afloat, 19,000
and 80,500,0001b5. in 1857-
177,4,300.01b5., against
1858, and 11, 9,835,9601b5. in
SILL—A steady den;allindlhBass7.
c
continued throughout
the month, principally for home
The
tradeon
arrivals s uh pal i,
eoonpiurnweicwhathsosieiul
any material change in prices.
bemg held for higher rates, the
more freely from the old stock which is relatively cheaper.
The deliveries for the past month are 6,760 biles
.o
China and 1,350 of. Bengal. We call attention to the
reduced stocks of Chinas and Ben al
g—s (now nearly the
only descriptions used,) of the former only 15,675 and
quota-
s there is
the latter 7,840 bales, being much smaller than for a
long period past. In Bengal Silk the demand still con-
tinues.
ttiinonsue.s fointhletablieanst, descriptions,Russa,
an at our previoussians
feature—stocks remain extremely small
not any new .
and hardly a transaction in any of these Silica 14, notice.
he b
East India and China Silk Piece Goods : At t puff li
sales, held on the 2nd instant, 64,000 pieces of Coraba
were brought forward—only 10,000 of which were sold,

and these at a reduction of 6d. to a per piece. In
Choppahs and Bandannoes there was a fair demAd,
most of which were sold at previous rates. Foreign
Gum Waste and
.Knubbs and Husks: The Waste
spinners still continue to be fully employed, in conse-
quence of which prices have been well sustained, and all
recent arrivals readily disposed of. Good Turkey and
Italian Kmubbs and Husks are extremely scarce and
much wanted—though relatively higher than any other
description of Waste Silk, which has brought home-
made Waste into more general consumption.
WooL.—The fourth and last series of the year, of the
Liverpool public Wool sales, commenced on the 19th
and closed on the 27th ultimo : the total quantity
brought forward was 23,841 bales, composed of 628
bales of Australian, 1,600 sheets of English, 13,442
bales of East .India, and 8,271 bales of miscellaneous.
As usual, the Australian Wool, despite, its small quan-
tity, influenced a numerous attendance of buyers, and
sold with the utmost spirit at an average of ld. per lb.
advance on the last London sales—thus confirming
all previous experience of the peculiar fitness of
this market for this kind of produce. Why then
should it suffer such marked neglect ? buyers, we
have seen, support it, and, moreover, are loud in their
wishes that it should increase—proximity to their works,.
cheapness of carriage, and general convenience suggest
this ; in fact, all the arguments that a Manchester
spinner would urge in favour of Cottons being imported
into Liverpool rather than London. are applicable to
Australian Wools and Liverpool—and still the enigma
exists. Are we to attribute it to some inexplicable
indifference to self-interest, or to some unwarrant-
able prejudice on the part of importers or shippers ?
English Wool also commanded good competition, and
sold at about current rates; during the last week:how-
ever it has grown rather shaky ; running orders for
Goods and Yarns are beginning to expire,, and spinners
and manufacturers show a disinclination to make to
stock at the present high rates for the rem material.
East India Wools drew together a full average attend-
ance of English buyers—but foreigners were less nume-
rous than usual, nor did those present operate with their
accustomed spirit. Considering the enormousconsunap-
tion at present going on in low Wools and the paucity
of stocks on hand, opening prices scarcely equalled the
general expectation—but improving as the sales pro-
gressed, they ultimately attained an average advance of
Id. to hi. per lb. on the July-August series, this-advance
being materially assisted by purchasers, of Carding
Wools, who descended to a lower range of qualities,
both in whites and colours, than they had ever done
previously. Of the miscellaneous Wools, a, larger
quantity than usual found buyers, and mostly at• satis-
factory price* The London Colonial Wool sales will
commence on the 10th instant, and include about
43,000 bales.

'Cotton has been in active-demand during October, the
sales averaging:lo,ooo to 12;000 bales per day, and.prices
of the useful grades of American about middling • and
upwards advareed gradually 7i-d. per lb., while the im-
provement in the leafy, dusty, and discoloured Cotton
was trifling. Spinners, whose stocks were exhausted,
bought very freely ;. and when a great change in. the
temperature here led to the belief of an early killing
frost in America, the demand increased consider-
ably, and the stock in the bands of the trade
was increased to about 50,000 bales in excess of
what it was five weeks ago.. The advices received

yesterday per Africa report C.old and frosty weather; but
so far, no killing frost. The market is consequently
quieter, and the sales do not exceed 8,000 bales, without
change in price. The stock. of clean and good stapled
Orleans and Mobile is light, and prices are consequently
well :supported. The low grades are very much
neglected, and the difference in value between these and.
fair cotton was never so great. Spinners who made.
large profits, and whose bands are troublesome, must
have good cotton, as it works so much better-and
faster than the lower kinds. The receipts in, the.
American ports are extraordinmilp large this year. Not-
withstanding the baokwardnessof the crop in the Atlantic
States, they exceed those of last. year by 60,000 bales,
and are 300,000 bales more than. the previous year:
Shipments are also -heavier,. The imports of new.
Cotton this year will eXceed, considerably those; of
former years. Business in Manchester has been..ex-.
cellent, and stocks of Yarns and Goods are lighter, now-
than last month, andmost spinners still under contract.
East India Cotton has :improved la. to Ad. perib.
during the month, but mostly in. the better grades.
There has been little change in. Low Cotton, whieh. is,
becoming more abundant.. Steeks are now hewn!, aud.
will, gradually increase.. Shipments were beginning-
to, fall off at Bombay, 'and the quantity is 471;Dfl0i
against 256,000 last year.

LONDON STOCK EXCHANGE

Tuesday Eren

The English Stook:Market/was not very aaive
to-day, but a satisfactory- tone prevailed toithz
end,. The price or Consols.. was well supported,
the closing prices being, slightly in advance of
that of last night, whilst! the. latest current value
for. this morning is 961 to 1 for money and:De-
cember account. Reduced, Three per Cents. have
been dealt in at 941,.94T.7.94; Five perrCent
Annuities, 1101; India. Stock, 225, 2231 ;,•:. ditto
Debentures, 961; ditto,Bonds, 2 pm. ; and Ex-
chequer Bills, 325.. and. 295... pm.
In the English Railway Market the binsiness
cisme though limited; was. steady, at the current
prices. London and Nodlk-western, together
with Berwicks, were. slightly firmer.. Other
stocks offered no. material change.
The Market for FOreigp SecuritieS has. shown
but a moderate amount of business, and, the best
prices of yesterday were. not altogether. main-
tained, though the actual: extent of variation was
scarcely, if at all: quotable. Mexican stock may
be considered steady ; but Portuguese), Spanish,
and Sardinian show ftatuess. Original Turkish
have been done at Tot and 79, and. the New
Sixes at 682 and 68.. New Victoria Loan is

quoted 1104 4,and New Indian Ditto+ 103'4 to 104

French Routes were a fraction! better, the:
quotation at twenty minutes past twelve being
at 70f. 10c., and. subsequently 701, 15c., with a
rather firm raarhet.

Con. Money
If Account

MILE FUNDS.-CLOSING num&

icheqtter Bills. 29

Bank Stock

Three per Cents. 941: 5
Next Account

RIIIIVAI

SHARES

A. Not. & R.J. . .
Caledonians, .
Dutch Rhenish.
Eastern Counties
East Lancashire.
Edinbgh..ez Glas
Great /Corti:tern-1
„ A.
Gt7Western
Gt. W. Canada . .
Gd. Tk. of Ca.. .
Gt. S. and W. . . 1

ILane..&Yorkshire 90 7
L.& N.Western. 94
L. and S. W.... 95
Leeds Northera.. 461
Man.Sheff.&Lin. 352 6
Midland Stock . . 06
North British . , 591 I-
N. Staffordshire, ---
S. E. and Doyer. 761 71
York,New &Ber. 891 90;;
York &N. Mid.. 744; 5

78 79
.014 21
88 9
64
14 -1

FOREIGN K
Amsterdam, short
Do., three months
Rotterdam, do.
Antwerp, do
Brussels, do
Hamburg, do
Paris, short
Do., three months.
Marseilles, do
Frankfort, do
Vienna, do
Trieste, do
Petersburgh, do.
Madrid, do

KCHANGEa.
11 131 to. 11 /3f
11 15. i to 11 16
11 151 to 11 16
25 .25 to 25 30
25 25 to. 25 30
13 51 to 13 Si
25 7,1 to 25 15
25 32 to 25 37
25, 32 to 25 37
117 to 1171
12 55 to 12 65
12 58 to 12 68
33; to 341
49f —to 49a

The following appeared in a portion of our im-
pression of yesterday :

THE MONEY MARKET

The improvement on the Paris Bourse, on Saturday,
caused the English funds to open this morning with
much firmness, at an advance of k per cent., although
the statement that England and France had settled the
basis of the proposed Congress is alleged to have been
premature. The demand for money has been less active
to-day, but the general rate continues at 28 per cent.
In the Stock Exchange advances on Government securi-
ties can be obtained at 2 per cent.—Times.
The funds retain remarkable firmness. A fresh im-
provement of 1-16 toe per cent. was therefore occasioned.
In the other departments of the Stock Exchange there
was a fair proportion of investments; and the tendency
of
prices was rather upwards notwithstanding the con-
tinued absence of speculation. The Bank minimum is

ggll Flour.
INTO ,§),
LIVERPOOL,
FROX Qrs. Qrs. Qrs. Qrs. Qrs. Qrs. .Sks. Sacks. Brls.
Ireland 2lO 263 1345 ... gi74 1776 ...
Coastwise
Canada, &c ... 1038 . . 260
U. States ... ... 3096
Europe, &c _..5320 15 ... 3900 ... .
INTO
Total 1092 273 6685 2975 1038 3900 5774 2158 5698
•RXPORTS TO
For. Parts . 7 861 ... 5 125 310 . . 10
Ireland 3OO . . . 62 ... 1144 . . 1990 648
Coast-wise
2174 233 4 45 0,•196 158 ..
LIVERPOOL AGRICULTURAL MARKET, Nov. 8.

s. d. s. d.
Hay, old
Ditto, new
Ditto, cloTer 0 94, .... 0 10
Green Claver, 0. 0 ... 0 0
Vetches 0 0 ... 0 0
Straw, wheat . 0 ... 0 5
Ditto, 0at....... 0. 0 6
Ditto, barley.. 0 1 ... 0 4i
Oats, in straw. 0 0 ... 0 0
Potatos, frakes 0. o'. ... 0 0

s. d. s. d
Potatos, kemps 3 2 to 3 4
Do. Seedlings. P 0 ... 0 0
Do. whiterocks.2 0 2 2
Do. Balshaw . 2 2 ~. 2 3
Do. Doldrums, 0 0 0 0
Do. cattle
Turnips :22 0 ...23 0
Carrots 4O 0 ...45 0
Mangelwurxrl22 0 ...23 0
Manure• 5, 6 ... S

LONDON' PRODUCE MARKEL—Nov. 8

SUGAR..--Tho• public sales are progressing: heavily, but
the importers show firmness, amid, are hying in freely.
Refined lumps, are quoted from 485.. Gd. to. 50s.
COFFER.:—The' public sales are gain- off without
showing any_ material alteration in, prices.

Tr4..—Piiblic sales are decletrfor to.-morrow, tnd
the market is-inactive.
RICE remains steady.
Rox..without alteration.
SALTPETRE. steady.
Markets generally have a a-de_aßpeftrance.

BOROUGH HOP MARKET Nov. 8.
Good andifine new hops in somewhat improved requesti
at fiill.priees ; otherwise the demand rules heavy.

—Nov. 8

LONDON TALLOW MARKET
The market is quiet, at the following prices
60s. nett cash ; Potersburgh Y.C. on the spot,
595..; all the year, 58s. 6d, ; December, 58s. 9d.

LONDON MINING MARKET

—Town

-Nov. 8

The Mining Market retains a steady appearance.
East Wheal Russell shares. continue in demand, and are
marked in the Stock Exchange 11. East Basset have
been. dealt in at 154. There have also been, a fair
number of transactions in shares in North Downs,
Wheal Harriett, Wheal. Mary Ann, and Wheal Tre-
lawney. foreign and. Colomal Mining Shares were
quiet. Marquita hava.been dealt in at and a.

MANCHESTER. SHARE MARKET,
Midlands, 1061; Berwicks, 90i.

--Nov: 8

MANCHESTER TRADE REPORT.—Noy. 8,

A firm market at extreme quotations of last week.
Trade appears to be well engaged, and business, conse-
quently, was more limited than it otherwise. would be.

HULL. CORN MARKET.

Moderate supply of English Wheat,, which sells
readily at fully last week's prices. In sonic cases ls.
per quarter advance is easily realised. Barley rather
higher. Oats no change. Beans Is. to. 25., and Peas
and Indian Corn each Is. per quarter higher.