The Northern Daily Times.
Liverpool, Merseyside, England, 1857-05-21 00:00:00

MONETARY AND COMNIELCrAL

LivEnpoot.; WedneadayYpe
t)it• Gett •Merket k eps entronrey dolt, lie
salee t - ,•4,Achi ILr 1011,1 h to tht..
trade. Pricers are, loavever. fi:aply maintained.
The Liverpool Share MAI k a to-day was very
weak, and a further decline of to 1 per cent. took
place' in the leading stocks and, shares. The
transactions are • • thus reported t -Caledonia n,
363, 36 ; Eastern Counties, 111 ; East Lancashi r e
91. Shafes; ip ; Great . Western; 661, tc,
Lancashire and Yorkshire,- •-10 3,
London and North Western, 1053, 5,
Manchester, Sheffield, and Lincolnshire, 42, -1,-;
Midland, 83, 3,3, ; Dovers, 223 3,3, ; Grand
Trunk of Canada, 16, 8, 1-16, 3, 1-16; Great
Western of Canada, 231 ; Do). New,l3 p ; Si.
Helens Canal and Railway D shares, 903;
North Union A, 224. The following were
the closing prices, being rather firmer at
these figures :-Blackburn, 83. 9 ; Chester
and Birkenhead, 68, 683 ; Caledonian, 36.
363; Chester and Holyhead, 173, 18 ; Eastern
Counties, 11 13-16, 113 ; *East Lancashire,
971, 98 ; Da. 9/. shares, 11 16, 6p; Great
Northern, 243, 211 ; Great Western, 663, 67;
aneashire and Yorkshire Stock, 1013. ; Do.
9/. Shares, 1, 1 'l-16 p; Liverpool, Crosby, and
Southport, 191, 193; London and North Western
Stook, 105, 1.053 ; Do. 3 Shares, 3-16, 3.1; Man-
chester, Sheffield, and Lincoln, 423, 421 ; Midland
Stock, 833. 831; North British, 10 11716, 10 13,16;
North Staffordshire, 5, 431 ; North. Eastern-Ber-
wick, 211, 213; York and North Midland, 323 333
Leos Capital Stock, 203, 203 ; South Eastern and
Dover, 22 5-16, 223; Scottish North Eastern, 133,
133; Buffalo and Lake Huron, 3,1. 3p; Do. New
Shares, 3d, 3o; Dutch Rhenish, 13-16, 1 1-161; Great.
Western of Canada, 23 5-16, 23 7 16; Ditto New
Shares, 13, 11p; Great Luxembourg, 103, 103 d ;
Greed Trunk of Canada, 16 1-16, 163.
The Funds to-day exhibit a fresh decline of an
3 per cent , owing to forced sales. coupled with the
uufavourrrble stare of the Silver Market. The Go-
vernment broker again bought 30,0001. worth
of Exchequer Bills. Consols for Money closed at
933 to 933 ; And for the Account at 933 to 943. Ex-
h.'quer Bills were quoted at 3 to 6 pm , and.
the New Three per Cents at 923 to 923.
There was very little business done in the London
Railway Share Market to-day, and prices were
with difficulty sustained. The closing prices are
hus reported :-Ambergate, Nottingham, and East
Junction, 53, 53; Caledonian, 723;
,Edinburgh and
Glasgow, 61. 63; Eastera Counties, 113. 12 ; East
Lancashire, 973, 983; Great Northern, 97, 98; Do.
A.. 89, 90 ; Great Western, 603, 663; Lancashire
and Yorkshire, 1013, 1011 ; Leeds Northern,
403, 413; London and North Western, 1053, 1053 ;
London and South WeStern, 993 ; Manchester,
Sheffield, and Lincolnshire, 413, 421; Midland
Stock, 833, 831; North British, 421, 423; South
Eastern and Dover, 743. 74:3; York, Newcastle, and
Berwick, 863,' 873 ; York and North Midand,
651, 603
A call of per share has been made by the
Riga and Ddnaburg Railway Company. This
cal!, with the £1 already paid, will carry interest
from the date of payment:at the rate of 5 per coat ,
payable half yearly in London, Riga, and St
Petersburg. The present call has already been
paid on the shares taken in Russia. The subse-
quent calls will be extended over three years, the
largest portion being required on the second and
third years. By the statutes of the company the
directors are empowered to accept payments from
the shareholders in anticipation of calls ; but it
is necessary that those shareholders who are
desirous of availing themselves of this privilege
should signify their intention of so doing, and to
what extent, by letter addressed to the secretary
Interest at the rate of 5 per cent. per annum will
be paid half-yearly on all such payments. The
present scrip certificate of £lOO will be exchanged
for the four scrip certificate of £2O each, as soon
as possible after the payment of the call.
The Gr lin trade to-day was very dull, and a
decline had to he submitted to.

In the general Produce Market there is a large
business doing in Sugar, and prices have advanced
Is to 2s per cwt since the close of last week.
Trade in the manufacturing districts continues
flat in every department. As regards prices, the
drooping tendency still predomiates, and is, if
anything, rather more decided than it was last week,
but business is still so limited that a is not easy
to quote prices with precision. In yarns the
market is fiat, and with very little doing, either for
the home trade or for export. There 'is. some en-
quiry for common mule yarns for India, which are
quite steady in price. Certain yarns for the con-
tinent are also very firm, such as low numbers of
mule pin cops, and the better class of warps, but,
with these exceptions, spinners can hardly realise
last week's rates, and, to all appearance, would be
glad of offers at ;a. per lb. decline. Such offers,
however, are not made, at least for considerable
quantities, and, in consequence, the transactions
of the day suns up very moderately. The
cloth market has not altered materially during
the the last few days. The demand for T
cloths and L cloths is steady at old prices, and
a moderate business is doing in these goads.
In other respects the market is heavy, and it
is difficult to obtain full prices. Cloth is, in
general, rather unsteady in value, but the declining
tendency is most visible in goods for India and
China, which are a good deal pressed on the
market.

A large and influential meeting of spinners and
manufacturers was held yesterday afternoon, at
Manchester. An adjourned meeting will be held
on Tuesday next, the 26th, at 330 p.m. We under-
stand that the great Majority of the mills in the
districts of Bacup, Rossendale, and Burnley, are
expected to be on forty hours' working by the
beginning of next week.
The exports of specie to India and China by the
steamer from Southampton to-day, amounted to
751 071/., which which with the amount taken out
by the previous steamer, 551,1511, makes a total of
1,302,222/. during the month. The amount drawn
for by the East India Company, from April 25th
to May 9th, reached 62 4391., namely, 50,5951 on
Calcutta and 11.844/. on Madras. The circular
of Messrs. R. H. Hunter and Co ,of Billiter-
square, London, from which we glean the above
intelligence, quotes the price of silver at 5s 121.
for bar ; 4s. 1.1.7,d. for 5 franc pieces, and ss. ld.
per ounce for Mexican dollars.
Large as the.. shipments by the Colombo are ,
they would have been much heavier but for the
short period which elapsed between the receipt of
the higher quotations of exchange from China and
the departure of the steamer. Orders to a consider
able amount are -held over for the next steamer,
which will sail on the 4th June. In considering
the probable effect of a continuance of this drain,
however, it must be borne in mind that the silver
drama from the Continent is at present paid for by
means of bills. Before it will become advantageous
to remit gold in payment, the foreign exchanges
must decline considerably.
The steamer Sultan has taken out £2,400 in
specie to Cadiz.
Considerable attention has been excited by the
announcement that Mr. Henry Salmon. who has
been forty years connected with the Commercial
Bank of Scotland, has absconded, with defalca-
ticas to the extent of some 39,0001. It is alleged
that he has granted, in the name of the hank,
receipts for deposits lodged, and abstained from
entering the amounts in the books of the bank.
An application has been made by the promoters
of the Great Russian Railway Company to the
Committee of the Stock Exchange to allow the
dealings in the Shares to be formally recognised
in the Official Lists.

A meeting of the creditors of Mr. William
Pitcher, of Northfleot, shipowner, &e., who has
lately suspended, was held to-day. It was ex-
plained that the assets will realise about 5s in the
pound if the stock be sold by auction, and another
valuation (could arrangements be made to secure
an incoming purchaser) shows about 10s. In 1852
the estate exhibited a surplus of 3,0001, but losses
have since occurred, and these, with the interest on
borrowed capital, private expenditure, and the
difference in cost and estimated value of premises,
have caused the deficiency. Mr. Coleman stated
that if the creditors will agree to take es Bd in the

Flour. -- barrels. - sacks.

LONDON MINING MARKET. MAY 20.
The market for home mining stocks to-day is again very inactive.
No transactions are recorded in the Stock Exchange, and we have
still to report ri absence of any new feature. i
In foreign mining shares there s no movement whatever.

SALFORD CATTLE MARKET.—MAY 20.
The supply at to-day's ma.ket consstal of 1,157 beasts, 4,702
sheep, and 321 calves. The following were the prices current :—Best
ae Iders, in wool, Slid to 00d ; best do., clipped, 'ad to 8d; ewes. 41
7cl; best beef, 7d to 7d; middling, 61 to 6}d ; cows, 5d to 6d ;
best calves, 6d to 7d.

CORK BUTTER MARKET.—MAY 20.
The supply conlianes large, 1,200 kegs and firkins being offered
to-day. The market was dull, and a further heavy dec ine occurred.
We quote—Firsts, 105 s; Seconds, 933; Thirds, 80s; Fourths, 71s;
Fifths, Gus ; and Sixths, 525 per cwt.

GLASGOW CORN MARRET.-MAY 20.
The sa'es of VP beat at to-day's market were rather limited. at a
decline of 3d to 6d on last week's pric s. Flour was Is per brl and
sac lower. tiarleytr.de q liet and rather cheaper. Oats did not
sell sa fret ly, but pr,ces were unaltered Beans and pease were firm
at full rates. 21s 6d was paid for yellow, and 28s for white Indian
corn.