Northern Times.
Liverpool, Merseyside, England, 1859-10-08 00:00:00

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MONETARY AND COMMERCIALS

LIVERPOOL, Friday Evening.
The Cotton Market to-day was steady, with a
fair amount of demand. The sales amounted to
10,000 bales, of which 3,000 were for export, or
were taken on speculation. No change in value
was recorded. Concerning the business of the
market, Messrs. George Holt & Co. give the fol-
lowing statement in their weekly circular dated
to-day :
There has been little, if any, change in.the value of
cotton during the past week,' the daily demand having
been sufficient to keep prices steady, especially for the
4' middling" and better qualities of American ; the com-
mon and dusty sorts are abundantly offered, and conti-
nue to be most difficult of sale. We resume our quota-
tions of last Friday, placing " middling" Uplands,
6 11-16 d. ; Mobile, bid. ; and Orleans, 7d.
The Committee of Brokers place " fair " Up- .
lands, 714 ; Mobile, 78d. • and Orleans, 71d.
Surats have been in fair demand, but are freely
offered, giving buyers an occasional advantage in price.
Brazils are quite steady. Egyptians of the better
qualities are scarce, and command full prices ' • the
common qualities are freely offered for sale. 2,650
American and 500 Surat are reported to have been
taken on speculation ; 1,140 American, 9,880 Surat,
120 Egyptian, and 100 Pernam, for export ; so that
the deliveries to the trade for the week have been about
40,300 bales. The business to-day is estimated at about
8,000 bales, 1,500 being on speculation and for export.
In the Liverpool Share Market the business
done to-day was flat, with irregular prices. The
week's business, indeed, was but small in amountl
and the fluctuations in English shares were little
more than nominal. To-day, there was a sharp
rally in Canadian shares, based on the improved
traffic returns. The increase in value was most
fully maintained. The business to-day included
the subjoined sales :—Glasgow and South-Western,
971 ; GreataWestern, 634 ; Lancashire and York-
shire, 964 ; London and North-Western, 94 ;
North Staffordshire, 41d. ; South-Eaitern, 23 ;
Buffalo and Lake Huron, 51 ; Great Luxembourg
constit, 7 7-16 ; Great Western of Canada, new,
; Liverpool and London Insurance, lip.

was very inactive, and prices showed a:down-
ward tendency.. , Bristol_ and Exeter,. Midlands,
and South-Easterns' hdVe all receded about per
cent..; and Berwicks are marked 15s. lower.
The Market for Foreign Securities was dull, and
business was limited :in the extreme. Prices,
however; were' not materially affected. On the
contrary, they were generally well supported.
Mexicans may be considered a shade firmer than
they closed last night. New TurkiSh Sixes are
steady at 70. New Indian Loan is quoted
.191 t, e ;
and New Russian Scrip, 1 dis. The price for
French Rentes at ten minutes past twelve Was
69f. 55c., but subsequently 69f. 50c. •

TILE FUNDS.-CLOSING PRICES.
Consols Rfortey::- 95:4 f Bank-Stock -221- 2
„ 95 Threikper cents. (shut.)

Exchequer tills

RAILWAY SHARES

Ainb.Not.&E.l. 6 I Lanc.&York 96
Caledonians ... 891 I L.& N W 93/ 4
Dutch Rhenish.. L. and S. W 94 1
Eastern Counties 551 Leeds Northern 441 5
East Lancashire. --- I‘lan.Sheff.&Lin. 351
Edinbgh. & Glas. 771 81 Mid. Stock .. .105
Great Northern..lo2i,- ti North British
77 3/ A. 85 6 N. Staffordshire.
' 05/- • f S. E. and Dover. 761 7
Gt.W. of Canada 1344 14 York,New&Ber. 88/ 9
Gd.Tk. of .Cua. . 38 I 'York &N. Mid . 711 2
Gt. S. and W...

BANK OF ENGLAND RETURI.SCS
(From Last Night s
,Gazette.)

Notes issued

Public Deposits
Other Deposits

ISSUE DEPAILTNIENT
E I CR}

31,500,930• , Government Debt.. 1.1,015,100
Other. Securities .... 3,459,900
'' ' ' ' * GOld Coin - and ..
025930
other Bullion.., Ii "

31.500.930

BANKING DEPARTMENT

L 500,930

3,738,683 t Other S

11,219,96!
1":7V2.m51

8,523,088 Notes
13,271,433 Gold and Silver Coin

9;358,530

Seven claiand , 909,006

£40,998,215

£40,995,

The Bank returns in last night's Gazette, show the fol-
lawing results on comparison with those of the pievious

CLOSING PRICES. ine isamE returns 1.11 seat 11.1.6 i. a LTU4VIAV, 4...... ... Iva--
Ches. k B'head ..77 77-' N.Stafford 41 4d lawing results on comparison with those of the previous cli
Caledonian B9 891 N. E. Ber. c.Stck ..89 891 week : .
F. Counties ll llk York capital Stck . .711 721 E E b(
E. L. Stock .... Leeds Stock 444 451 tuctiliOenCtroThaion22,112,400—Increase 906,24- "
G. N. 5t0ck....1011 1021 S. Eastern 2215-1G23 1-16 Rest ( • depart.) l'73,,,M,3r_talcerreeaassee. .11,E in
Great Westerns ..631 632 Dutch R'nish 4 5-16 4 3-16 d Seven-day andother Bills , 909,006—Increase
Lan. and York ..95.1- 96 Gt. Luzern .. 7 7-16 7 9-16 Public Deposits B,s2B,oBB—Decrease 740,151 w
Other Deposits' l3,27l,43B—lncrease
LII. & NOT. West. 934- 94 G.T.Canda ... ..9 9-16 91 Government Securities.... 11,219,965—Decrease 49
it-shares .... ..1t id G.W.Canada .. . . 134 141 Other Securities
If. S. and Lincoln 351 351 „ new shares 6i 61d Notes unemployed 9,3BB,s3o—Decrease 796;530 C
u
Midland Stock ..105 105-1- Lomb.-Venetian .. 2 2lp .
N. British St. ....59-1- 591 „ new shares FOREIGN EXCHANGES. 13
Amsterdam, short ll 14 to 11 13 a,
The Produce Markets during the week have Do., three months ll 16 to 11 16
generally been steady, rather than active. Tea Rotterdam, do.
has been more in request, and a considerable Antwerp, do -
Brussels, do 25 27 to 25 30
amount of business was transacted in some kinds Hamburg, do l3 5 to 13 51
at a slight advance in value. No great amount Paris, short
of business was done in Coffee. The Sugar Mar- 3111or.s,aie-s7durnths.......
25 32 to 25 40
ket was well supplied, and a considerable extent Frankfort, do , 117 i to 117 i 1,
of business was transacted, although g
at a slight Vienna, do l2 35 to 12 I:
40
Trieste, do. l2 35 to 12 42
concession in price. Rum has been firm ; and Petersburg, doc
34i to 341 C
Rice has met with a fair amount of inquiry. Madrid, do 5O to 50} o
In their monthly circular, Messrs. T. and H. c
Littledale & Co. say : : 1 The following appeared in a part of our E
I
impression of yesterday
We have had another quiet month in Colonial and -
THE MON
other Products,—a steady trade demand from day to EY 1
MARKET.
day giving a moderate amount of-transactions in most The Funds declined in the afternoon, and closed -k to. I
articles, but a total absence of speculative investments, 3-16 per cent. lower than . yesterday, with a flat appear-
and no political movement either at home or abroad to ante. In the other departmen6 of the Stock Exchange
cause an excitement. Arrivals have been large during a slight decline occurred. Money in good demand. ;
the month, particularly from the East (twenty-one The amount of gold sent into the Bank to-day is too I
vessels from Bombay against thirteen and five in the small to deserve notice.—Daily News.
two previous months), and there being no prospective The English Funds opened this morning at the firm C
inducement to hold, importers have been ready sellers, prices of yesterday ; but there was a decline of sin the
and the supply thus thrown on the market being middle of the day, and the market then remained dull
for the moment a little too heavy, prices have drooped to the close. The applications for money to-day slightly. '.9
in several articles—Cotton, Sugar, Saltpetre, Jute, increased. Railway market showed more improvement l
and Seeds, all of which are leaving unsatisfactory in the earlier part of the day, but afterwards relapsed, ;
results, though brought home at mere nominal freight. and closed the same as yesterday. The commercial 1
The very small stock of Tea at this port well deserves telegrams from Calcutta, to-day, quote the rate of ex-
the attention of importers—it is now under 5,000,000 'change 2s. ;33(1., or 1 per cent. less favourable for this
lbs., against an average of above 10,000,000 lbs., for country. The exchange from St. Petersburg, to-day, ,
several years, and an average delivery of 131 million shows an unfavourable turn for Russia, a fall to 344 d
pounds for the last seven years, showing the legitimate having occurred.—Times. -
trade of the port to be very far beyond its present rate +
THE TIMBER TRADE.
of import and stocks.
Wool.—The Wool trade continues to maintain the (From A. F. and D. .11faekay s Circular.)
same healthy position which we have had to report for Since our annual circular, dated Ist February, 272
the last two or three months—manufacturers are , vessels, 232,217 tons register, wood-laden; have arrived
thoroughly employed—consumption at full stretch— from British North America .viz., 14:i3 from Quebec, 93
and considering the abundance of labour for the work- from St. John, N.ll, and. 73 from other ports ; at the
ing classes and the cheapness of bread, our prospects same date last -year, 207 vessels, 164,486 tons, had
for the approaching winter are considered to be highly arrived.
favourable. The demand during the past month has been PINE TIMBER.—From Quebec, cargoes continue to -
• most extensive, and if we except Donskoi Fleece, Laid arrive freely, and on arrival have, for the most iart,
Highland, and other Wools of a similar class—we been sold at prices ranging from 131 d. for 50 feet average
L might add, general—but the meagre Stocks on hand to 18d. and 20d. for large.average and fine quality.
have permitted only a moderate amount' of business to Special board Timber has realised from 23d. to 24d.
be done—transactions having been chiefly confined to From St. John the arrivals have been about the same
the late arrivals of Iceland, Oporto, Lisbon, Egyptian, as during the' corresponding :month of last year, and
and including some older stocks of Entre Rios and cargoes have been imported chiefly on dealers account.
Peruvian—upon which advancing rates have been paid. The value is well Maintained—Timber of good quality,
English Wool has been quieter during the month— 18 inches average, being saleable at ,from 22d. to 23d.
, spinners and mannfacturers hold aloof as much as pos- per foot. No sales of Lower Port have been recorded.
sible, on account of the high price—but the dealers RED PINZE.—Of 'this'' article the supply 'has been,
are unflinching in their demands, having full confidence moderate in extent. It is worth from 15d. per foot for
that the present rate of consumption must speedily coin- 30 feet average, to 20d. for 50 feet average.
pel the buyers to operate. The Liverpool Wool Sales OAK. has been selling at from 23d. for moderate
o will commence on the 19th current, and will contain averages of fair quality, to 2s. 2d. for really prime.'
about 10,000 bales East India, 1,000 sheets English, Ei.x.—The stock of this article continues to increase,
600 Australian, and, perhaps, 3,000 to 4,000 miscel- notwithstanding which it is still saleable at from 15d.
ff laneous. to 22d. per foot, according to average size and quality.
The Provision Market has not presented any N.B. AND ;N:S. PINE AND SPRUCE DEALS.—Of
these. arti t sul has been very large, whic h has
= peculiarity of feature during the week. Beef
been metcles
by an equapplly y large aggregate consumption,
has been in steady demand for the best qualities
in small lots. Pork has been short of sale.( e--stock now on hand being much the-same in quantity
'as that held at the same time last year, which is con-
-5' The Corn Market, though quiet, has been
steady. Wheat was not largely in demand till sidered moderate. Prices exhibit considerable firmness,
n;
although the rates realised are too low to be remunera-
r- about the middle of the week. Some consider- tine.. At present the bulk of the arrivals is being yarded
ih
is
able shipments were made to Ireland, which gave on account of the importers, who are sanguine in the
a, an improved tone to the general business. expectation that better prices will be obtained at no dis-
re In respect to the trade in Timber, Messrs. tant date.
P
st A. F. and D. Mackay make the following QUEBEC DEALS.—Of this the sales have been chiefly
di observations : confined to stowage lots, without any change in the
e. general value.
al Trade generally continues in much the same condi- Hannwoon.—The stock
Ps tion as that in which ice represented it at the date of of this has largely increased,
and its value has suffered a reduction corresponding to
to our last circular. Business in the manufacturing dis-
the increase of the stock.
d tricts has been steady and of a healthy character, specu-
PITCH PINE.—Of this there is a full supply, and sales
lative dealing of most kinds being little entered into.
are principally confined to retail from the yard.
This latter circumstance in some measure accounts for .
GREENREAET has been sold at from £8 to £9 per load,
the asserted languor in the produce markets, no one according to quality.
buying more than is needed for immediate require- E. I. TEAKWOOD.—Of this article a cargo just arrived,
g ments. Some disturbance was occasioned lately in a
and in course of being landed has been sold. The price
3 few leading articles of commerce by the disastrous news will not transpire.
na from China ; but the effect of this adverse intelligence
iii BALTIC TIMBER.—The importations have been large,
of was not of long duration, and the temporary depression a considerable portion of which have been for purposes
ed occasioned by it was speedily .effaced. The published
connected with the docks. The arrivals up to this date
at returns of exports, recently . issued by the Board of have emplOyed 48 vessels, of 17,955 tons rdgister,
ed Trade, show a considerable increase both in -quantity against 39 vessels, 12,965 tons, at the 'corresponding
le4 -
3 and value for the first eight months of the present year, ap eriod Of last year. The value is well maintained.
he as compared with the same period of 1858, and also an
'.- increase on the first eight months of 1857. The Wood ___,...__.
31-Market has been affected by different causes, which have LIVERPOOL COTTON MARKET.—OCTOBER 7.
d ' in some measure retarded an activity which from time to
This week
time seemed aboutto commence. Conspicuous among these
causes, the large import of nearly all classes of material import
sales Description. this week mid. fair, Stock
)er must 3e held as one of the most obvious, while the pro-
f a tracted " strike" among the operatives connected with
;ed 890 Sea Island... 7d U2O 121 d (a, Ai
he the building trade—although •ostensibly confined to the 10580 Upland.
at; metropolis—has had a very injurious effect on the con- 5390
IZe Mobile
; 4 71 6i 7 445690
put Imamy.tive demand, which would otherwise, in all' pro- Orleans .5 9 7 7
ee1!1642 1590 Brazil 7 9 3 8 25690
b b lity, ere this time have exhibited a very considerable 2766 2400 Egyptian 6 11 7i 8 20320
s.— extension. In the face of these inimical features, how-
19866 13570 East India. 6 4 5 87890
ler, ever, the market continues firm, and for some of the 77 70 West India a 0 7 7i 280
i
to.lo most
.useful articles, prices, if not actually advanced, 29741 54720 Total 579680
nave been and still are well sustained. ___
•
Au improved tone has prevailed in the Cotton Market

LONDON STOCK EXCHANGE.
LONDON, Friday Evening.
The English Stock Market, to-day, was very
deficient in animation, without, however, leading
to any very important relapse ; yet the tone, on
the whole, was adverse. Consols opened at yes-
terday's final prices, and for a time were sup-
ported ; but speculative sales taking place at a
later period, a decline of 9 per cent. resulted, and
Consols for money and account are quoted at
951 £5,000 stock has been, as usual, taken by
the Government Broker. India Debentures are
951 1 ; and Exchequer Bills, 245. and 275. prem.
for all.
In the English Railway Share Market business

An improved tone has prevailed in the Cotton Market
throughout the past week, and a more general desire to
do business has been manifested. The demand from the
trade and exporters has been good, and the daily trans-
actions have exceeded the average ; but holders continue
such willing sellers, and supply the market so freely,
that little or no animation has been apparent, and prices,
with the exception of the "middling" qualities, which
are 1-16 d. per lb. higher, have merely assumed more
regularity and steadiness.
.Brazil and Egyptian without
change. Surat rather easier. The weekly sales are
54,720 bales, of which 3,150 are on speculation, and
11,240 for export.

LIVERPOOL PRODUCE. MARKET.—OcTonEn 7.
The SUGAR Market remains quiet, but without change
in prices ; 260 hhds. Surinam are reported at 365., and
950 bags Rio Grande, in bond, at 20s. 3d. per cwt.