Northern Times.
Liverpool, Merseyside, England, 1859-06-25 00:00:00

THE NORTHERN TIMES SATURDAI, JUNE 25, 1859

MONETARY AND COMMERCIAL.
LIVERPOOL, Friday Evening.
There was a fair demand for Cotton to-day, the
sales reaching 7,000 bales, including 1,500 on specu-
lation and for export. The prices of ordinary
qualities of American have receded during the week
about kd. per lb., but are without change for the
middling and better grades. Brazil and Egyptians
remain steady, and the better descriptions of Surat
are also without alteration, whilst the lower classes
are somewhat reduced in value. Messrs. Edward
Jardine and Co., in their circular of this evening,
remark :

" We have this week to report a very dull Market, which
may partly be attributed to the Whitsuntide holidays, and
the consequent diminution in the demand for the Trade.
The daily sales have been very small, and though there has
not been a strong pressure to sell, yet holders desirous of
realising, have been obliged to make some concession, and
we therefore reduce our quotations for middling Boweds
and Orleans id. per lb., and Mobiles 1-16 d. per lb. from
last week's currency ; for white clean Cotton, with good
staple and free from sand, full prices are, however asked
and obtained. Sea Island, Brazil, and Egyptian are with-
out change. The lower qualities of Surat are down bd.
per lb., but in the better descriptions, though dull, no
change can be made."

Messrs.
M Wright, jun., and Co., remark—
`° We closed our circular advices of 17th inst. with a more
• buoyant tone in our Cotton Market, and prices firmly main-
tained. The business then reported placed in the hands of
consumers a present supply, and the demand for the week
under review having considerably abated, has caused a dull
feeling to prevail, and where holders have desired sales, a
concession in value has been submitted to more particularly
in the operations of the last two days, and attaching to all
qualities below middling. The import continues on a very
liberal scale, but this feature will not long be so apparent,
and it is possible that to-day's tables will exhibit
the maximum stock of the season. Political events
offer little of novelty for comment, but are expected to
be exciting very shortly. The chances of the war being
confined to Italy are daily becoming more indefinite, and,
in the uncertainty of other powers getting involved in the
struggle, caution increases, or rather there is less inclination
to extend operations, both Speculators and Exporters evinc-
ing little disposition to enlarge their sphere of action.
Money matters are not materially altered, but although
easy at present are less promising in their future aspect.
Fipe growing weather induces hopeful anticipations of a
good harvest in due time, and is' an element of much en-
couragement. There is no change in to-day's market, which
closes quietly at a partial decline of k per lb. on last Friday's
quotations, and with estimated sales of 6,000 bales, 1,000
to Speculators and Exporters. The total Sales of the week,
including what has been forwarded from the ship's side,
amount to 33,480 bales, of which 26,720 are American.
Speculators have taken 1,920, and exporters 2,200, leaving
30,330 bales of all kinds to the trade. The import for
same time is 159,523 bales, of which 141,467 are American.
The quantity known to be at sea from American ports is
about 98,000 bales.

PRICES TO-DAY

New Orleans Fair, Bkd Middling, bid . Ordinary, s}d to 6d
Mobile „ „ 6 13-16 d „ 5d to s}d„
Atlantic 7i7ld d „ 61d „ 5d to sid
Total taken for consumption; 1859, 1,058,160 bls. 1858, 1,033,180 bales.
„ export (actual) , 150,958 „ „ 106,696 bales.
American Brazil 'Egyptian E. India W. India. Total
Stock this day... 670,300 14,100 21,450 49,160 630 755,640
Same time, 1858.566,660 14,660 21,340 51,000 3,390 646,050
The Liverpool Share Market has been very quiet,
and rather depressed to-day. The amount of busi-
ness done was small, and prices were hardly supported.
The following are the transactions : - Chester and
Birkenhead, 74, Great Northern, 98 ; Lancashire
and Yorkshire, 894 ; Manchester, Sheffield, and
Lincolnshire, 351; Midland, 984 ; Dovers, 20, 19 15-16,
194, 19 15-16, 20; Grand Trunk of Canada, 83.
The following were the closing prices :- ,
Chester and Birkenhead 74, 744 ; Caledonian, 781,
781'; Eastern Counties, 11 1-16, 11 3-16 ; East
Lancashire, 871, 881 ; Great Northern, 98, 99 ;
Great Western 541, 541 . Lancashire and York-
shire Stock, 894, 904; London and North Western
Stock, 891, 891; Ditto one-eighth shares, 14, 14 d ;
Manchester, Sheffield, and Lincoln, 354, 357, ;
Midland Stock, 981 984 ; North British, 54,
541 ; North Staffordshire, 44, 41 d ; North Eastern
--Berwick, 88, 881 ; York and North Mid-
land, 711, 72 ; Leeds Capital Stock, 444 45; South
Eastern and Dover, 20, 20 1-16 ; Buffalo and Lake
Huron, 44, 54 ; Dutch Rhenish, 61, 61 d; Great
Western of Canada, 141, 141 ; Do. New Shares,
61, 53 d ; Great Luxembourg, 5 7-16, 51; Grand
Trunk of Canada, 84, 81 ; Lombardo-Vnetian,
11, 1 d ; Do. New Shares, 11, 14 d.
The Market for the Public Funds and Securities
opened with decided heaviness this morning, and a
fall of 4 per cent. was at one period quoted, but a
partial recovery ensued. The reported movement
by Prussia is the principal cause of the prevailing
depression. Consols closed at 921; the New Threes
at 924 to 921; Exchequer Bills, 23 to 26, and Bank
Stock, 219 to 223.
In the London Railway Share Market to-day
there was some dullness. At one time prices were
higher, but at the close there was considerable inacti-
vity, and rates closed at a decline. The following are the
closing prices : Ambergate, Nottingham, and Eastern
Junction, 54, 54 ; Caledonian, 781, 784 ; Eastern
Counties, 551, 56 ; East Lancashire, 87, 89 ; Edin-
burgh and Glasgow, 70, 75; Great Northern, 974,
981 ; Ditto A, 79, 81 ; Great Westerns, 544, Great
Western of Canada, 141, 141 ; Grand Trunk of
Canada, 84, 8/ ; Great Southern and Western,
104, 105 ; Lancashire and Yorkshire, 904 ; London
and North Western, 894, 90 ; London and South.
Western, 90, 91 ; Leeds Northern, 444, 45; Man-
chester, Sheffield, and Lincolnshire, 354, 354; Mid-
land Stock, 983, 99 ; North British, 531, 541 ; York,
Newcastle, and Berwick 871, 881 ; York, and North
Midland, 711, 72.
We are still largely supplied with French Wheat
and Flour, arising from contracts for shipment in
May, since when scarcely anything has been done ;
after realisation of existing engagements, there will
be a period during which arrivals, from France will
be insignificant. The British markets this week are
firmer, and, upon a moderate extension of buiiness
in Wheat and Flour, tend towards a slight recovery
of the decline lately suffered ; here, we have a steady
trade in these articles, the past two days at full prices,
and there is more show of activity in the'neighbour-
ing districts more immediately in connection with us.
The Gazette returns of Wheat, to the 18th instant,
are 83,830, against. 77,109 quarters for the week
previous. At to-day's-,market business was checked
by holders asking a 'further advance ; the little done
was, however, at extreme rates for all articles.
The Provision Trade was dull this week. With
heavy arrivals of Beef, and a limited retail demand,
prices have further receded. Pork is also very dull,
and the stock accumulates daily; the quality, too, is
inferior and unfitted for the usual .ship -store trade.
American Bacon is a slow sale, the dealers consider-
ing neither quality nor price tempting, when the
supply of Irish Home Cured is so abundant, and

prices so reasonable. There is a moderate demand
for Uheeee generally, and fine qualities meet a ready
sale.

In the Liverpool Produce Markets during the
week, there has been rather more business done than
of late, especially in Sugar, which has met with a
pretty active demand at advancing prices. In other
articles there is no change to notice. To-day the
Sugar Market was steady, and closed with a firm
feeling, the sales comprising 510 hhds. Antigua at
395. to 445., 2,000 bags China at 355. 6d., and 1,000
bags Maranham, in bond, at 245. to 245. 6d. per cwt.
We have no transactions to notice in Molasses, and
only 30 puncheons Demerara Rum reported without
change. Nothing has taken place in Rice ; 600 bags
Saltpetre have been disposed of at 41s. 6d. per cwt.
for 8 per cent. refraction. 100 barrels Jamaica
Ginger, chiefly by auction, have found buyers at 745.
to 119 s. per cwt. for ordinary to good bold. The
Jute offered by auction this morning met with good
competition, the whole 2,500 bales finding buyers
at £l4 to £22 per ton, being very full prices.
2,300 bags Bombay Linseed are also reported at 495.
per quarter.

Ac-cording to the advices from Paris, the ever
sensitive Bourse has imbibed a suspicion that the
general retreat of the Austrian army is partly in
pursuance of an understanding with Prussia.
Yesterday's telegram from Amsterdam announces
a fall of 4 per cent. in Austrian stock. At Vienna
yesterday was observed as a holiday. On Wednes-

day a fresh fall of 1 per cent. took place in the
Meta Hies.

In the Discount Market the demand continues
active, and, as the deposits with some of the monied
establishments are now more fully employed, 24 per
' cent. is generally asked for bills of a high class. In
exceptional instances transactions have taken place
at 2. Greek Bonds were also officially marked 4/.
There were no Gold operations of importance at
the Bank yesterday. Of the 227,0001. in Australian
gold by the Monarch and Essex, about 120,0001. was
teken yesterday for exportation, as well as 21,0001.
in Turkish gold coin, which has just come to hand.
The steamer Emperor has also arrived at Hull from
St. Petersburgh with 55,5001. in gold, which will be
sent into the Bank, and the Tagus, from the Penin-
sula, with 14,7901.

The p.rincipal portion of the gold last received from
Russia is destined to meet dividends and other peri-
odically recurring obligations of the Russian govern-
ment in this market. In point of
.punctuality in
meeting every foreign claim, Russia occupies, of
course, a front rank in Europe. Further arrivals of
gold from St. Petersburgh are expected.
The position of the market for American Securities
is thus noticed by Messrs. D. Bell and Co. :
" The market for American securities continues steady, and
prices stationary. There has been during the past week a
fair amount of business doing, but the transactions have not
been to an extent or of a character that entitles them to
particular notice."

The Biobio has arrived from China with 707,000
lbs of tea.

I The feud between the agents de change, or licensed
stock brokers, of Paris, and the numerous and in-
fluential, but unlicensed, body of persons who, known
as coulissiers, carry on business in the precints of the
Bourse, has once more broken out -with fury. On
Wednesday business on the Bourse was a good deal
inpeded in consequence of twenty-six of the leading
coulissiers being summoned before the Correctional
Tribunal of the Seine, at the instance of the
syndicate of the agents de change. As a set-off
forty of the latter, at the demand of the coulissiers,
were called away from their avocations to attend
the court. The interest attaching to the prosecu-
tion may be gathered from the fact that amongst
the counsel for the agents de change was M. Dufaure,
whilst the defendants retained the valuable services
of MM. Berryer and Jules Fevre. The complaint
was that in contravention of the law, and of the
special privileges accorded to the agents de change,
their functions are daily usurped to a considerable
extent by their rivals, who, it is contended, in a
legal point of view, have no locus standi whatever..
The interrogation of the defendants and witnesses
reads curiously enough. The case is not yet termi-
nated.

BANK OF ENGLAND RETURNS.
ISSUE DEPARTMENT.
DER/T.
Notes issued
31,898,305 Government Debt 11,015,100
Other Securities
Gold Coin and other 17,423,305
Bullion

£31,898,305 I
BANKING DEPARTMENT
DEBIT. £ CREDIT. E
Proprietor's Capital. • 14,553,000 I Government Secu- 1 Rest
Public Deposits
Other Deposits
Seven-day & other 1 744,742 Gold and Silver Coin. 687,109
. I

£31,898,305

£41,792,440 I Total
Compared with the returns of the previous week
the above shows the following results :
s
Active Circulation... 20,450,625—Decrease
Bullion
Rest
Seven-day & other
Bills
Public Deposits
Other Deposits
Government Secu- 1 11,281,376—N0 clinge
rities
Other Securities
Notes unemployed ll,447,69o—lncrease
Cash to liabilities 1
per Mil

.£41,792,440

73,590
559;373
2,464

744,742—Decrease

504—Increase

Rate of interest 3 per cent—No change

Amsterdam Short
Ditto, 3 months ,
Rotterdam

726,766
738,492

436,194
230,710

FOREIGN EXCHANGES.
.11 12 to 11 • 121
..... 11 ... 14. 11 ... 15
11 .. 14i .. 11 5

_
Antwerp
10 ... 25 ... 25
Brussels 25 ... 10 .. 25 .. 25
Hamburgh
•. 11 . 3 ... 13 ... 4
Paris Short .. •
25 ... 11 ... 25 ... 121
Ditto, 3 months
Marseilles
Frankfort
Vienna
Trieste
St. Petersburg .
Madrid
Consols closed 1, per cent lower than yesterday, but this
decline was scarcely attributable to political considerations.
The fact that Prussia has demanded permission to march
troops through Hanover to the Rhine was not known
during business hours. In the other departments of the
Stock Exchange an extraordinary deuee of dulness
continued to prevail. As the deposits with some of the
monied establishments are now more generally employed,
21 per cent is generally asked for bills of fine high class.—
Daily New: City Article, Thursday Evening.
A sale of £lOO,OOO Consols, supposed to be on account of
a Scotch Bank, produced depression, and speculative
operations are nearly suspended, pending a decisive battle in
Italy, and the uncertainty which prevails with regard to
the intentions of Germany. There were no bullion opera-
tions of any importance at the Bank to-day. The arrivals
of Australian gold, announced to-day, amounted to £202,000.
The £120,000 in gold by the La Plata, was delivered to-day,
and taken for the Continent, together with a small portion
of the late Australian arrivals. At Hamburgh, (notwith-
standing the political excitement prevalent there, as well as
in other parts of Germany) the rate of discount has fallen
1-4- per cent.—Times City Article, Thursday Evening.
FAILURES. The stoppage is announced of Messrs.
Robert Brandt and Co., Russian merchants, of Old Jewry
Chambers. The liabilities are believed to be under
£20,000. Messrs. Herman Sellem, Son, and Co., a firm in
the German trade, who suspended payment in December,
1857, on Thursday completed the payment of 20s in the
pound, with 5 per cent. interest, on liabilities amounting to
£93,000.

Letters from Riga state that the grain markets had
already been influenced by the warlike preparations of
Pru,sia, large and unusual purchases of oats having been
made for that country.

RAILWAY NEWS.—On Thursday the London and North
Western, Midland, Caledonian, Sheffield, and Eastern
Counties shares closed per cent. lower than the previous
day. A recovery of e per cent. took place in Great
Northern. The Midland Railway traffic return shows this
week an increase of £3,004; the Sheffield an increase of
5,070 ; the Lancashire and Yorkshire, £11,506 ; the East
Lancashire, £3,233; and the North Eastern and Newcastle
and Carlisle, £3,333. The traffic of Whitsuntide is
included, but compared with that of last week the Lanca-
shire and Yorkshire still shows an increase of £6.907.

LIVERPOOL PRODUCE MARKET.—JUNE 24.
SUGAR : The market continues steady, and closes with a
firm feeling ; the sales comprise 510 hhds Antigua at 39s to
445, 2,000 bags China at 35s 6d, and 1,000 bags Maranham,
in bond, at 24s to 24s 6d per cwt.
.MoLAssEs : We have no sales to notice.
Run : 30 puncheons Demerara reported without change.
RICE : Nothing has taken place.
GINGER : 100 barrels Jamaica, chiefly by auction, have
found buyers at 74s to 119 s per cwt for ordinary to good old.
DYEWOODS : 50 tons Campeachy Logwood at £6 7s 6d to
£6 10s, and 90 tons Campeachy Fustic at £6 7s 6d per ton.
ASHES : Nothing has transpired.
NITRATE or SODA remains quiet at the qnotations.
SALTPETRE : 600 bags Calcutta at 41s 6d for 8 per cent
refraction.

BRIMSTONE : 5 tons Flour at £l2 7s 6d per ton.
TARTAR : 3 casks brown at 90s.
TARTARIC Amn : 2 casks, at is 8d per lb.
OILS : Palm unchanged ; Olive, nothing done,
Roux : 1,500 barrels have been sold at 3s 9d for common,
and 4s 9d per cwt for medium quality.
SEEDS : 2,300 bags Bombay Linseed at 495; and 1,000
bags Scinde Mustardseed at 35s to 38s per quarter.
JUTE : The parcels offered by auction this morning met
with good competition, the whole 2,500 bales finding buyers
at £l4 to £22 per ton, being very full prices.

LIVERPOOL COTTON MARKET.—JUNE 24.
The cotton market throughout the past week has been
very quiet, owing partly to the uncertainty incident upon
present political complications, and partly to the telegraphic
advices of declining Indian markets. The trade demand
has been of a very limited character, and exporters having
taken barely an average quantity, tb'e daily sales have been
Holders, with the preser:t large stock, supply the
market liliergly, but allow no dtsposition to press sales, and

prices have not varied more than 1-16 d per lb. on the useful
classes of American. Low qualities are very much neglected,
very difficult of sale, and prices continue to show great
irregularity. Brazil and Egyptian are without change.
Furat rather easier. The weekly sales are 33,480 bales, of
which 1,920 are on speculation, and 2,200 for export.

THIS WEEK

Import. I Sales

DESCRIP-
TION.

Prices Paid,
This Week.

Cur. Prices,

Mid. Fair.

• d. d. d. d.
27,457 1 5,5505 2112,laInsldand . 95 Co 19
(1 to 13
1138101 3,780 Mobile 4 7 613-16 7
16,830 New Orleans 4 8 6 15-16 8
2,416 1,800 Brazil
2
1,223 2,180 Egyptian 7 11 71 8
273 50 West India .10 10 7 74,
141,44 2,730 East India 41 5 11-16 4'9-16 5
159,323 33,480 Total ...

666,260

749,570

• LIVERPOOL CORN MARKET.—JUNB 24.
We had only a moderate attendance of either local or
country millers and dealers at our market this morning, and
but little business has been done in any description of
wheat; th• tone of the trade, however, is firm, and in some
instances a slight improvement has been established in the
value of this grain ; there is no further appearance of specu-
lative investment, the weather being fine, and favourable
for the crops. Flour moves slowly into consumption, and
we note prices unaltered. Beans remain dull at previous
rates. Second qualities of oats are in moderate demand,
but fine descriptions, as well as oatmeal, find little inquiry
to-day.. Indian corn is in fair request ; yellow may be
written ld per cental dearer than on Tuesday last.

ROBERT MAKIN AND SONS

LIVERPOOL HIDE MARKET.— JUNE 24.
Sales this week :-991 dry salted American hides, heavy,
average 311bs, at 10d per lb ; Ist class cty damaged,
laverage 211bs, at 91d to 98d per lb ; 2nds at 61d, damp
8d per lb ; 32 dry R Pox and cow hides, average 2511b5,
at Ild per lb ; 57 salted R P horse hides, heated, average
291bs, at 8d per lb ; colts, average, 17 1-51bs, at 6s each ;
845 salted foal skins, slinks, average 511bs, at is Bd,
average 3*lbs, at 6d each ; 1,400 E I kips, ord to fair, ds,
Ist class, average 62-41bs to nibs, at 10d to ii ; 2nd class,
B*d ; 3rd class, 44d to std ; Ist heavy average, 9*lb to
101 lb, at 61d to 7fld ; 2nds at qd to 58d; extra heavy,
average, 12th, at 6d ; covers 5d to 6d per lb ; 186 bales,
62 serous horse hair, grey stump tails, lsts, at 2s 6d; 2nds,
at is 81-d; 3rds, at 9*(l ; matted, at is 8d to 2s 2d; black
cut tails, good lengths, at 2s 10d; fair ditto, at 2s 5d to
2s 51d ; medium, at is 9d, fair to good 3rds, at is 44d to
Is 61d ; mixed lengths, at is 81s1 ; matted, at Is 4fid ;
black stump tails, fair to good lengths, at is 80 to is lld ;
ordinary to fair medium, at is lid, to is 40 ; 3rds, at 8d
to 80 ; matted, at is 31d ; very good mixed, at is 2d to
Is 21d; good mixed at is ld to is Ild ; fair mixed at lid
to 11id; slight to fair, at 10d to 10-I-d; short, slightly
mixed, at 91d to sid ; grey mixed, fair, at is 2kl ; tied up
tails and manes, at 9d to 101 d ; matted manes, at bad;
good common cordova, at 101-d ; common, at 91d to 10d ;
common off skin, clean, at lid to 12Id; on skin, at
Bid per lb ; 35 pipes S A tallow, good at 565; yellow at
51s to 54s 6d per cwt ; 163 tons Smyrna Valonea Camata,
at £l7 ; very good at £l6 5s ; good at £l5 15s per ton ;
70 tons cattle bones, legs at £4 17s 6d ; common, at 10s
per ton. G. F. MARTIN, AND Co.
P.S. Besides the above there are 6,000 salted B A ox
hides sold, prices not reported.

MANCHESTER TRADE REPORT,

-JUNE 24,

• V Ad-.•
Market without change since Tuesday last ; steady in
goods generally, and in yarns for home trade, but in Con-
tinental yarns little doing, and dullness prevails.

LONDON PRODUCE MARKET.—JUNE 24.
Sugar : Market is steady, but less animated to-day.
Coffee : No public sales, but market quiet.
Tea : 8,600 bags Rangoon taken in at 8s to 8s 3d, 240
bags Bengal broken middling white sold at 9s 6d to 10s.
Saltpetre market quiet, little doing.
Pepper : 470 bags black Singapore taken in at 44d to 4id.