Northern Times.
Liverpool, Merseyside, England, 1859-07-16 00:00:00

NORTHERN DAILY TIMES.

AND COMMERCIAL,

LIVERPOOL, Friday. Evening.

The Cotton Market, to-day, has exhibited remar-
kable steadiness, and closes --with a firm tone. The
sales have .amounted to upwards • of 10,000 bales,
including 3,500 on speculation .and for export, the
,market closing steadily .at an advance since this day
week of id to Id per lb on the current qualities of
.American. Brazil' have also improved to the same
extent, and Egyptians are id 'to 4d higher; the
demand for Surat has been large, and prices close,
except for the better qualities, fully 4-d to id per lb
dearer. Messrs. Heywood and M'Viccar, in their
excellent Circular of this evening, remark on the
movements, of the trade throughout the week :

The animation which manifested itself in the cotton

he termination ofiao wec

market at t, ..1( was further increase(
in the beginning of the present one, by the favourable

accounts from 'Manchester, and though the quantity of cot-
ton on sale continued to be considerable, holders evinced so
much confidence that prices became slightly dearer, and on
Wednesday, after the news of a treaty of peace beang, con-
cluded between France and Austria, the market became very
animated, and in the general desire to buy which ensued,
prices of American cotton became id per lb dearer, and
though yesterday and to-day the demand, comparatively, has
not been so great, yet prices are maintained with the great-
est, steadiness. The growing prosperity of the, country—the
great and increasing consumption of cotton—the sound and
remunerative state of trade in Manchester and all the manu-
facturing districts,,with the abundance of money for all com-

menial purposes—appear to warrant the opinion so
generally entertained that our present range of prices must,
under all the circumstances which at this time surround the

,cotton market,, be considered relatively moderate and sus-
ceptible, as far as all reasoning can determine, of gradual
but sure improvement. Surats, especially of the lower qua-
lities, tire M per lb. dearer. Brazils and. Egyptians are id
per lb hi r. The business this week (exclusive of 10,000
bales to-day and a firm market) amounts to 106,783 bags,
including 16,990 American on speculation, and 1,840 Ame-
rican, 300 Bahia, 200, Egyptian, and 9,930 Surat, for export.
The quotations. accordine to the now Stnn third ndnntgul Iry thr.

Brokers' Association are, fair Uplands 71d, fair Mobiles
and fair Orleans 81,-d per lb. The import of the week is
48,798 bales.

. .
The Liverpool Share Market opened at a reduc-
tion of about a half per cent from the closing prices
of yesterday, and during the morning sustained a
further reduction.. The business, however, was of a
limited character, and showed no pressure of stock.
Anticipations of fresh complications in Italy so
soon as the French army is withdrawn, have caused
an uneasy feeling ; though, most probably,. the re-
action is nothing more than was -to have been' ex-
pected after so extraordinary a rise. In response to
the improvement in the. Funds, the market assumed
a better appearance in the middle of the day, and
finally closed at more than a half per cent reaction
from the lowest prices. •
In the Money Market to-day there was very little
change to notice. The demand for accommodations
was limited, and rates were much about the same as
formerly quoted. Rather more speculation in busi-
ness generally is noticed, and other than first class
securities are not so easily discounted, as was the
Case some few days ago.

The market for the public Funds and Securities
opened rather dull and quiet this morning at 9514 to
951, afterwards declined to 95 7-16 sellers, towards
the afternoon, however, a better feeling, set in, and
the market closed firm at 951 to 95& for consols for
money, and 951 to 951 for the account. Exchequer
Bills were done at 26 to 29, and Bank Stock at 220
to 223. The new Three per Cents closed at 951 to 96.
The London Railway Share Market was quiet in
the morning, but afternoon there was a slight reac-
tion, and with a fair business doing. Prices closed
about the same as quoted yesterday. The following
are the closing prices :—Ambergate, Nottingham,
and Eastern Junction, SH, 6zt.; Caledonians, 852,, 851;
Eastern Counties, 591, 60; East Lancashire, 94, 95;
Edinburgh and Glasgow, 72, 74 ; Great Northern,
,103, 104; Great Northern, A., 86, 87 ; Great West-
erns, 601; Great Westerns of Canada, 141, 14a ;
Grand Trunk of Canada, 814, In; Great Southern and.
'
Western, 105, 107 • Lancashire and Yorkshire, 961;
London and North Western, 961; London and South
Western, 96, 97 ; Leeds, Northern, 471, 48; Man-
.chester,. Sheffield, and Lincolnshire, 361' 37+ ; Mid-
land Stock, 1041, 1041- ; North British, 571, 58 ;
South Eastern and Dover, 731, 74 ; York, Newcastle
and Berwick, 941 ; York and North Midland, 761' 761.
The tone of the general Produce Markets has been
rather firmer this week. The business in Sugar was
larger, and prices may be considered slightly higher.
In Molasses the sales are limited, but prices are well
sustained. There was little done in Rum, and prices
declined. Coffee has met with a good sale at steady
rates. The Rice market continues extremely flat.
Dyewoods and Drysalteries present no change of
notice. Other articles same as before.
Dullness has been the prevalent feature of the
Provision trade. Beef has been only in a retail
demand, and with continued liberal arrivals, the

mare is aepressen. noiaers, however, remain
remarkably firm, so far asfirst qualities are concerned.
Other descriptions are lower. Pork is also greatly
depressed, and prices are lower almost daily. The
demand for Bacon has become somewhat better, and
prices are well maintained. Nl' Cheese there is a
fair demand, at full prices.

The Breadstuff trade has been dull during the
week, and the sudden termination of the war taken
in connection with the fine weather, and the antici-
pated abundance of the crops rather interferes with
business. Speculation is almost at a standstill, and
the transactions are only for the pressing and imme-
diate wants. Although m the early part of the week
holders made an attempt to establish an advance on
Wheat, the London and country markets all remained
without improvement. Indian Corn attracts some
attention. To-day, in the absence of demand, Wheat
and Flour are quoted nominally as on Friday last.

BANK,OF ENGLAND RETURNS,

ISSUE DEPAILTIIENT

CREDIT.
Government Debt . 11,015,100
Other Securities . . 3,459,900
Gold Coin and other )
Bullion . . . . f 17,338,055

return to the pursuits of peaceful industry. That this con-
summation will prove salutary to the best interests of com-
merce cannot admit of doubt ; but the period elasping since
the close of hostilities is too short-to have allowed any of
the—beneficial and' healing influences of peace to unfold
themselves,-and the utmost which can he said on the subject
is the expression of a hope that the peace will prove lasting,
and that its advent may be the harbinger of extended com-
mercial prosperity. Since ,our last th arrivals of cargoes
have been considerable, some of which are not yet landed,
and on the whole the state of the• wood trade may be re-
garded.as little, if at all Altered since the date of our last
issue. •

PINE TEMBER.—Of this timber from Quebec several sales
took place by auction early in the month ; the range of
prices realized may be stated at is 3d per foot, for 60 feet
average, in lots to suit the requirements of purchasers.

11111 e uuttru Louver, trom to mules to 24 Inc
sold in similar lots at an average of 20d per foot

RS square,
A week

ago 670 logs of 65 feet average, ex "'Prince Consort," in
14 lots, sold at 14id per foot. By
.private treaty cargoes
have changed hands, without the prices being allowed to
transpire ; and timber of 50 feet average has been sold in
the same manner at 130 per foot from the quay. The
sales of St. John have been considerable, and include" 949
logs, in 36 assorted lots, averaging about 183 inches calliper
measure, at is 7i-d per foot.
RED PINE has been sold by auction from the quay, 38
feet average, realizing about ls. 4id. per foot, while 24 feet
average sold at Is. 3-Id.
OAK.—Large sized Quebec Oak, averaging from 120 to
130 feet, has been sold at 2s. 2d. per foot ; and Oak mea-
_
_ _

to 23d

A full cargo. of Thornton Oak, 6on Vi binia, sold by private
treaty at rates which have not transpired.

ias arrive(

in considerable quantity, but it has not
is yet been generally put on, the market. A few logs over
50 feet average have been sold by auction at 23d. per foot.
HARDWOOD.—From Quebec 321, logs of black Birch of
16 inch average, sold by auction in 13 lots, at ls. 7d. per
foot. From St. John 16 to 161 inch average has been sold
in lots at ls. Bd. per foot.
N.B. and N.S. PINE and SPRUCE 'DEALS have slightly
receded in value since our last. At late sales by auction the

average prices obtained for St. John realized from £7 12s
to £7 15s per standard. The rates at which private sales
have been affected have not transpired. •

QUEBEC DEALS of third quality have been sold by auction
at prices varying from £7. 12s 6d to £7 15s per standard.
-PITCH PINE is dull of sale. Fair wood of 70 feet aver-
age has lately been sold from the quay at 19d per foot:
GREENHEART . continues without alteration as to price.
TEAKWOOD.—There have been no arrivals of Teakwood,
and no sales are reported:,

BAvric TIMBEll: still continues to be imported chiefly on
merchants account, who offer it in parcels suitable to the

convenience of consumers

LIVERPOOL PRODUCE MARKET

JULY 15

SUGAR : There continues a steady inquiry, at firm prices ;
200 hhds. Demerara are reported at 37s 6d to 39s 9d, 700
bags white Benares at 43s to 44s 6d, and 6,400 bags
Pernams, to arrive (now •off the coast), at 23s per cwt. in
bond from the quay.
MOLASSES, Rvn, AND COFFEE : Nothing to notice.
IticE : At the auction of a cargo of new Bassien to-day,
no desire was shown to purchase, and the whole was with-
drawn ; 2,000 bags Bengal, by private, have been sold on
rather easier terms, but the exact price has not transpired,
and 90 tierces fine Caroline at 90s per cwt. from the quay.
SEEDS : The business consists of 1,700 bags Bombay
Linseed at 48s, and 600 bags Bombay Rape at 42s per
quarter.

LOGWOOD : We have also to notice 90 tons Jamaica, by

auction, at £4 2s Gd per ton

LIVERPOOL COTTON MARKET

JULY 15

The news of an armistice between the belligerent powers,
caused the cotton market to open on Friday with consider-
able animation, and a large business was transacted at i per
lb. advance. .The market continued steady until Wednes-
day, when the sudden notification that a " treaty of peace",
had been signed between the two Emperors produced great
excitement, and an advance of another a per lb. was estab-
lished early in the day. The operations of all parties were
very extensive both on the spot and to arrive ; but holders
so freely meet the demand, that towards afternoon less
buoyancy was apparent, and the extreme rates, previously
paid, were with difficulty obtained. Brazil and Egyptian
per, lb. higher. Surat fully it- per lb. dearer. The
weekly sales are 106780 Bales, of which 19440 are on
speculation, and 12270 for export.

Price paidCur.Pricesl
this week mid. fair Stock

71t1 0 24d
81

124 d 1,1

84 -16 8

10 NI 7*
21 6 4.1

604080

LIVERPOOL CORN MARKET.-JULY 15,

Tire arrivals from Ireland and coastwise, since Tuesday
are quite unimportant, biit from foreign porti there are
again large supplies of wheat and flour, besides 3000 bar-
rels of flour from Canada, which is a novelty.. The .weather
-ntinues very hot - I

and Ibrcing, and the crops are reported
to be maturing rapidly; in early spots, it is expected, reap-
ing will commence by the end of the month. The trade in
consequence has been unusually flat, and the little business
done has been quite in retail? and at prices slightly in
buyers' favour. The imports of foreign and colonial grain
and flour into the eleven chief ports of the United Kingdom
for the week ending 6th instant were—Wheat and flour,
97,441 qrs.; barley, 23,632 qrs. ; oats, 23,340 qrs. ; rye,
107 qrs. ; peas, 2406 qrs. ; beans, 5616 qrs. ; Indian corn,
8911. This day's market was slenderly attended, and the
amount of business very limited. The few sales effected of
wheat were for consumption, and at nearly the rates of
Tuesday ; and fresh parcels of flour were saleable to a
moderate extent, at former rates. Oats and oatmeal Quiet.

Barley neglected. Beans
Indian corn firm, with

without any change in the vain
dulloind rather easier to purchas(
a moderate inquiry for sound parcels

MANCHESTER TRADE REPORT

JULY 15

The daily advances demanded by spinners checked the
buoyant feeling so prevalent on Friday last. Since Tues-

medium numbers of Yarns. -Cloth is firm at the advance
of Tuesday. Yarns have now recovered more than they
lost in April and May, and still exhibit a strong upward
tendenev.

"LONDON PRODUCE MARKETS.—JULY 15.
Sugar was quiet, and rather steadier to-day. The sales

_ •
in coffee went with a fair spirit, and prices are about 2s.
higher for the week. There is a little more activity in tea,
and prices exhibit an advancing tendency. Rice was flat
to-day, and there is no change to notice in price. Saltpetre
dull, and 3s. per cwt. lower. The Indigo sales have gone
much on a par with yesterday.