Northern Times.
Liverpool, Merseyside, England, 1860-01-09 00:00:00

speculation.

In the , Liverpool Share Market a further ad-
vance in values took place, mainly upon the re=
ported
,settlement of the differences with respect
to the Birkenhead lease. The market closed with
great firmness, and a hardening tendency. The
transactions included Birkenheads, 77k,it 1,1,1 ;
Great Western, 701, 1, 701 Lancashiie and
3,71--;1 aria Carlile
Con. Stock, 211 ; London and North Western,
99;1,1, 5; ditto a Shares, Z- d. ; Mandhester, Shef-
field, 'and Lincoln, 391, ; Midland, 1104 ; North
Eastern, Berwick Stock, 954, ; Oxford, Wor-
cester,•and Wolverhampton, 361 ; South Eastern;
25 11-16 ; Grand Trunk of Canada, -10 7-16
Royal Insurance, 4 p. ; Illinois Central, 40 d.

CLOSING PRICES.

Chester & B'head 77 771 N. E. Ber. c. Stock 95 95,12
Caledonian , 94,1 95 Yorkcapital Stock 79 791
E. Coun.
G. N. Stock
Great Westerns 70:- 70 Dutch Rhen. .41 43d
Lan. and Y0rk..:1021 103 Gt. Luxeni... 7,1 7 3-16
Ln. & Nor. West. 994 994 G. T. of C. .. 104 ibds 10,4
, 4-shares a 5-.16d G. W. Canada .. 12;1- 121
S. and Lincoln 39,1 391 new shares 74 71-d
Midland. Stock up:tut . Buffalo &L.Huyon Ai 5
N. British Stack 63:T; 6-4 Great Ship . : 12/9 1313
N. Stafford . . 33 3-N Lomb-Venetian .

LONDON STOCK EXCHANGE.
Saturday Evening.
- The market for English Securities was More
hopeful to-day, and C9nsols.advance4 I.upon the
final prices of last night ; the •ppening quotation
was favourable, and after being buyers at- 95;3,
Consols improved to 90- to and 954 to
for next month ; Bank Stock has been dealt
in at 2281, 228, and 229 ; Reduced Three
per Cents.,7 951; India Enforced Paper; • -971 ;
Ditto Five-and-a-Half per Cents, Exchequer
Bills, 295. and 325. pm., and 295. for the Small.
New Indian Five per Cent. Loan, is marked 1049
to xd, and Canada New Loan, 21 to 3 pm.
Shares ,of the New Turkish Bank are at I to Zi
pm.; Ocean Marine, 11 to a 'pm.
_ _ _

In the English Railway. Share Market very
little business was done. Prices, however, were
well supported, and the tendency was favourable
although no quotable- advance in Value .was re-

ported.
The Market for Foreign Sectrities was rather
dull than active, yet values in general were well
sustained. Mexicans were negotiated at 221.
Original Turkish are quoted firm at 781 to 791,
and the New Sixes at 651 to 661.
French Rentes, at 10 minutes past twelve, were
68f. 60c., subsequently 68f. 70c., and thence to
68f. 65c., with a firm market.

THE FUNDS.-CLOSING PRICES.

Consols, Money,-
„ Account...... 951
Exchequer Bills.. 29 32

Bank Stock . . 228 9
Three per Cents.. 951 1,-

RAILWAY SHIRES,
Amb. Not. &E. J.. 6
Caledonians . . 941 .51
Dutch Rhenish..
Eastern Counties. 471 8
East Lancashire.
Edinburg & Glas. 82 3
Great Northern . 1073 8
„ A. 96
If
Gt. Westerns .... 701 1
G. W.Canada ... 12 7
Gd. Tk. Canada.. 41
Gt. S. & West. 112 114

-CLOSING PRICES.
Lancas. & York. 1021 3
L. &N. West... 99? 1
L. & S.. W..... 98/ 9
Leeds Northern.. 481 9
Man. Sheff. & Lin. 39 4
-L
-
Midland Stock —llO4 —6
North British ... 631,

N. Staffordshire..
S. E. & Dover .. 8.5
York, N. &B. .. 95
1 York &N. Mid... 781 91,

The following appeared in a portion of our
impression of Saturday :

RAILWAY MARKET.

The rate for carrying over speculativepurchases -to
the February settlement did not exceed 1-1 per cent. per
annum. This indicates a continued scarcity of stock.
—Deily News.
The heaviness of Brazilian Railway Shares, yesterday,
was attributed to a rumour that a new scheme, Involving
a capital of £700,000 or £BOO,OOO, for the drainage of
the city of Rio, will shortly be brought forward. A
return of BorBl is promised. The Daily News advises
the Brazilian Government to grant concessions more
charily.
The railway market was less active, but prices
generally well supported. In English stocks, the chief
movement has been an advance of nearly 1 per cent. in
Lancashire and Yorkshire, on a favourable rumour
respecting the approaching dividend. Great Western
and Caledonian also improved, while the South Western
shows a slight reaction. The chief alteration in Foreign
railways was a decline in Brazilian. Bahia went to 7,,
discount, Pernambuco to 1-1,- to 4 discount, and the new
San Paulo to i to 1„ discount. A plan is under con-
sideration by the Bahia Railway Company to allow a
large portion of the amount paid upon the shares to be
converted into a proportionate amount of shares paid iv
full.—Times.

The railway traffic of the United Kingdom for the past
year shows as usual an increase over that of the preceding
years. It amounts as nearly as can be estimated from the
returns to £25,576,100, showing an increase over those
of 1858, of £1,812,336, and over those of 1857, of
£1,413,645. _ _

The average increase of traffic for the four years pre-
ceding 1858, was £1,380,000 per annum. This increase
was annihilated by the commercial depression of that
year ; and for the first time in the history of railway
traffic, the receipts were reduced below those of the
preceding year, and this to the extent of £400,000,
which, added to the average annual increase, makes
£1,780,000, or about 6 per cent. of the whole receipts.
The effect was to reduce the balances available for ordi-
nary dividends by 20 per cent. Deducting 48 per cent.
for expenses, the traffic receipts of last year would
admit of a dividend on the total expenditure equivalent
to 4-13 per cent. For tbe week ending December 31st,
the traffic receipts of the United Kingdom show an
increase of £40,030 over same week in 1858.