Northern Times.
Liverpool, Merseyside, England, 1857-08-03 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, Saturday Evening.

There was a moderate demand for Cott on to-day,
and we do not notice any change in Tirice. The
sales were about 5,000 bales, including 1,500 on
speculation and for export.
The Liverpool Share Market has been very firm
to-day, with a moderate business going forward.
Already there are unmistakable signs of an
approaching reaction in the Money Market, and
there is great probability that the Bank, at its next
weekly court, may again advance the rate of dis-
count to 6 per cent: On the 4th instant heavy
demands have to be met ; and although the English
funds have experienced no alarming depreciation,
still there must be large claims made upon England
to meet the vast outlay which must attend the
military preparation for India. The withdrawals:
of Gold from the Bank during the week have been
rather heavy ; but the last returns exhibit a small
increase. The supplies of specie necessary to be
forwarded to the East are also likely to exercise
a powerful check against any improvement
for the present. The most favourable sign
of the Money Market appears to be in the
accounts received from all quarters of a
prolific harvest, as well as from foreign countries
as from the home districts. It must not be
forgotten, that at this period, a larger quantity of
gold is always withdrawn from the banks through-
out the country than usual, independently -of any
external drain, both of which operate upon the
resources of the bank; and unless the supplies
from Australia are sufficient to counteract this
influence, the bank may be expected to lose a
further portion of its treasure. When it is eon-
' i sidered what interests we have at stake in India,

the English funds have experienced very little
change; and it is questionable whether, even in
the event of any loan being contracted for Indian
affairs, prices would recede very materially, as there
is a vast amount of floating capital at command
that would be instantly made available to govern-
ment. Although the detailed accounts from India do
notconfirm the statement that Delhi has fallen, there
was increased firmness in the English Funds to-
day, and compared with the official closing prices
of yesterday, an advance of 2 per cent has occurred.
Yesterday afternoon, in consequence of the above
rumour, which obtainel extended credence, there
were several purchases of stock, which produced
buoyancy, and this morning further" Bear" accounts
have been closed. These operations have natu-
rally caused a good deal of excitement, and during
the next few days the market will chiefly be under
the influence of the preparations for the settlement.
Consols for Money closed at 944 to 91, and for the
Account at the same figure. For the 6th Septem-
ber they were quoted at 911 to 91,1. The New
Three per Cents closed at 911 to .91g, and Exche-
quer Bills at 911 to 91a.
The following list shows the fluctuations in Con-
sols during the past week :

Lowest Highest Closing.
pikes. prices. pries.
Monday Money ..... 91g- 91,4 914
Account ...91A 914 91a
Tuesday Money .... 91 91A 91
Account ....904 91:4 914
Wednesday Money .... 904- 914 91
Account ....91i 911 9117
Thursday Money .... 90„I 91 908
Account ....90-4- 91 . 90A
Friday , Money .... 901 904 911$
Account .....90,i 94- 9(4
Saturday Money :... 904 91 91
Account ....904 91 91

In The London Railway Share Market to-lay
there was very little business doing, but prices, on
the whole, were very firm, as will be seen by
the following closing quotations :—Caledonian,
771 ; E tstern Counties, 111, 114 ; East Lancashire,
96k, 97k ; Great Northern, 97;, 9S ; Do. A., 92, 93 ;
Great Western, 64f ; Lancashire and Yorkshire,
100. 100; ; Leeds Northern, 44, 45 ; London and
North Western, 103,1, 103 ; London and South
Western, 991, 991; Manchester, Sheffield, and
Lincolnshire, 43k, 44; Midland Stock, 84, 841;
North British, 4V-, 461 ; South Eastern and Dover,
74-1„ 75 ; York, Newcastle, and Berwick, 94i, 95k;
York and North Midland, 76177 k; Grand Trunks,
131, 14 ; Great Western of Canada, 21/, 22 ;
Oxford, Worcester, &c , 34, 35.

The imports of Specie during the week
were about £lOO,OOO :—by the Niagara, fr3m
America, 306,867 dols or 54 0001.; the Columbia,
from America, 100,000 dols, or 21,000/ ; the George
Marshall, from Sydney, 2,136/. ; the Rhine, from
Boulogne, 18 cases bullion ; the Panther, from
Boulogne, 55 eases bullion ; the Alacrity, from
the Cape of Good Hope, 1 case silver ; the Clarence,
from Antwerp, 3) bags 16 cases bullion; the
Albion, from Boulogne, 108 boxes bullion ; the
Seine, from Boulogne, 27 cases of bullion ; the
Panther, from Boulogne, 44 cases bullion ; the
Baron Osy, from Antwerp, 42 cases bullion ; the
Concordia, from Rotterdam, 31 casks bullion; the
Elbe, from Hamburgh, 19 casks of bullion.

The exports during the week were by the
Teutonia for the Brazils, 50,0001. the Tagus for
Vigo, 2751.

The official exports of the precious metals from
the port of London for the week ending July 24,
were as follows :—Gold, 14,004 ozs., and silver,
912 ozs.

Respecting the movements in Mines during the
week, the Mining Journal of to-day says :—" We
have had a week of vague rumours and reports,
all tending to affect business transactions and
cause fluctuations in prices, especially in the funds ;
but, taken altogether, the mining market has been
active, and a few mines in which improvements
have been reported have not only been in demand,
but large transactions have taken place in them,"
In the London Produce Markets during the
week there has not been much animation, but the
prices have generally been well supported. Tea
and Saltpetre have been influenced by the news
from India. The former article has risen to ls.
21-4 and is f.),til per lb., but purchasers seem dis-
inclined to pay that price. The demand for salt-
petre has been active, and an advance of is to 2s
per hundred has taken place. The Sugar Market
at the commencement of the week was very
buoyant, and a rise of 2s to 2s 0,1 per cwt took
place, but since then a reaction of is per cwt. has
ensued, and there is now a heavy tone. Coffee
has been dull, notwithstanding the limited quantity
on offer, and a reduction of 6d to ls per cwt. has
occurred Cocoa has been firm, but Rum has been
in very limited request, and Rice, though quiet has
remained steady.
Between 40,000/ and 50 0001 in Gold is under-
stood to have been taken from the Dank yesterday,
for exportation to the Continent, in payment for
Silver, making an ascertained total of between
220,000/ and 230,0001 this week.

The imports of Continental Silver, intended for
shipment by the Ripon, on the 4th August, are
unpreeedentedly heavy. During the last two or
three days a total of 151 cases and 50 casks, repre
senting, an aggregate of some 200 0001 have I)een
received by the following steamers, viz. : the Pan-
ther and Seine, from Boulogne ; the Baron Osy,
from Antwerp ; the Concordia, from Rotterdam ;
and the Elbe, from Hamburg.
Owing to the activity of the demand, the price
of Silver has again advanced 41, being now firm,
at 5s 2d per ounce standard.

In the Tea Matk•;;,;;;terday common Congeu
was purchased at ls 2:14, showing a slight advance.
Holders of Indigo are asking higher prices.
The Directors of the North Eastern Railway
Company intend to recollis2ed a payment at the
rate of 5 per cent. per annum on Berwick Stock,
4 per cent. on York and North Midland, and 2 per
cent. on Leeds Northern. - For the corresponclinr:
period oflast year, the dividend on Berwick Stock
was at the rate of only 4 per cent. per annum,
and on Yolk and North Midland only 21 per cent
per annum. _

.
At Constantinople, on the 29th July, we learn by
telegraph, the exchange on London had advanced
to 137 piastres. This movement indicates the con-
tinued discredit of the Turkish financial system,
and incredulity as to the success of the numerous
recent attempts at a remedy. These advices make
no mention of the reported stoppage of M.
Giustiniani, of Constantinople, but allege, on
the contrary, that it is the intention of that house