Northern Times.
Liverpool, Merseyside, England, 1859-05-14 00:00:00

THE NORTHERN TIMES; SA.tURDAI, MAX 14, 1859

ing. There has been no change of importance in the
Condition of the Money Markets. •
The Wool ' sales in Liverpool and London
were resumed to-day. In London, Messrs. Jacombe
and Son sold 2,000, compared with yesterday ;
the competition was fair, but no change in prices
was established. The demand for export continues
heavy. In Liverpool; Messrs. Bowes Brothers
offered 2,330 bales, of which 740 were East India.
The biddings were brisk, and every lot .of this
description was sold at full prices, some for export.
The others were chiefly greasy Spanish, Portugal,
and Russian returned from the United States, and
were withdrawn. Messrs. William Greame and Co.
offered 964 bales English, nearly the whole of which
found buyers, fair prices being realised. Cheviot
fleece, 15d ; combing south country fleeces, 14-1-d
to 16d ; super picked, 17d ; fine combing and
clothing, 141 d to 17d ; lower qualities in. proportion.
The Maidstone and Sydenham have arrived from
Melbourne, the former has on freight 75,000/. in
gold, and the latter 60,9001. The Fulton, from
New York, has brought 20,0001. for England, and
220,0001. for France.

At the Bank of England yesterday, the demand
for discounts was light, and in the general market
more confidence was shown. Tire instances, however,
in which transactions take place below the Bank
minimum, appear to be of a somewhat exceptional
character.

The final instalment of 10 per cent. falls due to-
day on,the Chilian loan of 1,554,0001.
The 34,6001. in Australian gold by the Morning
Star was purchased yesterday for exportation. No
gold was withdrawn from the Bank.
Nearly 100,0001. in silver arrived in the Thames,
on Wednesday, from Boulogne.
The steamer Orissa, with a mail for Bombay,
reached Malta, from Southampton, on the 7th inst.,
and left on the same day for Alexandria.

The annual meeting of proprietors of the National
Provincial Bank of England took place yesterday.
The net profits for 1858 were stated at 100,317/, out
of which a bonus of 74 per cent was declared, making,
with the dividends previously paid, a total distribu-
tion of 154 per cent for last year, and leaving 7,3171
to be added to the reserve' fund, which is thus
increasrd to 204,6981.

The position of the market': for American
Securities is thus 'noticed by Messrs. D. Bell;' Son,
and Co

Daring the past week, the market for American securities
has been much steadier, and there has been a fair amount of
bUsiness transacted' oth in state 'and railway lxinds at our
quotations. _ _ _

- The report of Mr. E. F. Satterthwaite is sub-
joined :

Since our last, the market for American securities has
sensibly improved, the reduced quotations having brought in
buyers of Michigan Central; New York Central, and Penn-
sylvania Central Bonds. United States Five per Cent. Bonds
1874, are in good demand at 93. Erie securities of all
kinds are neglected. The shares of the Illinois Central have
suffered a severe decline, touchinr, 484 discount on a sub-
scription being asked for 100,0001.' on Seven per Cent.
Debentures, at 85, repayable Ist July, 1861, at par. The
whole of thiS amount has; however; been taken, on its being
understood that it was required to meet a floating engage-
ment in New York, falling due Ist July, and that the
financial position of the company, as recently fully stated, is
in no wise altered. On this becoming known the shares
were more actively inquired for, and closed, buyers, at 46
dis: Construction Bonds are steady at 60 to 70. Free.
Land Bonds are much wanted, but few are offerincro except
at. higher rates. _

We .funds improved in the morning, under the infineace
of bona fide operations, and relapsed in the afternoon
when this support was withdrawn, and the field:was left
clearfor, speculative sales and disquieting rumourS. This
Morning Consols attained ss fresh advance of t to 4 per cent.
The closing quotations however, were scarcely below' those
of yesterday. In the other departments of the" Stock
Exchange, business continues very languid, but firmness
prevailed, and confidence is gradually returning. The
£34;600 in Australian gold by the. Morning Star was
purchased to-day for exportation. No gold was withdrawn.
from thee Bank.—Daily News City Article, .Tharsday
Evening.

The English Funds opened this morning at a fractional
improvement, but declined late in the day on some rumours
which could not be traced to any definite authority, of
disturbances in Turkey. The demand for money has gene-
rally subsided. At the Bank to- day the applications were on
a moderate scale. In reply to an inquiry whether the Indian
Council would be willing to- increase their rate of allowance
for pre-payment of instalments to the Thank minimum of 44
per cent., it has been intimated that no such measure is
deemed necessary.— Times City-Aatiele Thursday Evening.

RAILWAY TRAFFIC RETURNS.--The Lancashire and
Yorkshire shows this week an increase of £56 ; the East
Lancashire an increase of 215 ; the North Eastern, and
Newcastle and Carlisle, an increase of £460 ; the Man-
chester; Sheffield; and Lincolnshire an increase of £1,085 ;
the Midland an increase of £2,274.
The,.//erald says that one or two important suspensions
have recently taken place in the branches associated with
the silk and. the Mediterranean trade, but in other respects
mercantile affairs show a healthy appearance, notwithstand-
ing the outbreak of war.

BANK OF ENGLAND RETURNS.

ISSUE DI

ARTMENT.

DEBIT. £.
Notes issued ' 30,857,765

CREDIT.
Government Debt 11,015,100
Other Securities
Gold Coin and other i IS 382 765
Bullion

£30,857,765
BANKING DI
nrarr.
Proprietor's Capital. 14,553,000
Rest • 3.209?628
Public Deposits ...
Other Deposits
Seven-day & other 831"01:3
Bills

£30,857,765

4,867,
17,136,9

Linseed being reported at 53s from the quay, and 200 bags
Nig,ei•at 34s 6d per quarter.

LIVERPOOL COTTON MARKET.---111Ay 13.
A change in the wind has enabled a fleet of vessels, some
long overdue, to enter the port, and the import of cotton in
the week, amounting to 245,459 bales, is the largest upon
record. In the early part of the week, the trade, whose
stocks of the raw material are now reduced to the narrowest
working limits, entered the market in force, and although
their operations, were individually small, yet being very
general, a large business was transacted, and the decline sub-
mitted to last week was almost regained ;.. since, Tuesday,
with more moderate sales, and a general desire to realise,
about one-half the improvement has been again lost, and we
close tame at about Id per lb advance on last. Friday's quo-
tations. Brazil and Egyptian rather more saleable. Surat
without quotable change, The weekly sales are 53,340
bales, of which 4,589 are on speculation, and 2,910 for
export.