Northern Times.
Liverpool, Merseyside, England, 1859-11-26 00:00:00

_ Apply to

MONETARY AND COMMERCIAL.

LIVERPOOL, Friday Evening.
The Market for Cotton to-day has been mode,
rate, the sales amounting to 6,000 bales, of which
1,000 were for export or taken on speculation.
The market closed flatly, at a slight decline on
American. Concerning the week's business
Messrs. George Holt and Co. say :

The successive advices from America, confirming and
strengthening-the opinion that•the crop of Cotton will
be large,' probably not less than four millions of bales,
have tended to liMit business, and given to our market
a quiet and dull appearance. Prices• during the week
are rather lower—hardly, however, amounting to
a reduced quotation of g-d. per lb. upon all qualities
of American Cotton ; but the tendency and
turn of advantage has been uniformly in favour
of buyers. The better qualities, which latterly, on account
of their scarceness, commanded relatively very high price's,
are the first to feel the effect of the arrivals of the new crop;
the few shipments which have already come upon the mar-
ket have caused a decline in such Cotton within the past
fortnight of id. per lb.. The middling qualities are,not
equally depressed ; but as the arrivals increaser buyers
in these also will have a better choice. We now quote
" middling " Uplands, 6id. ; Mobile, 7id. ; and Or-
leans, 71d. The Committee of Brokers place " fair "
- Uplands, 7 5-16 d. ; Mobile, 7-fid. ; and Orleans, 7-4 d.
Surats,. and all the long-stapled deseriptions,• Brazils,
'Egyptians, &c., have participated in the general quietness,
and are difficult 'of sale at. last Friday's prices. 600
1 American, 50 Surat, and 400 Egyptian aro reported to
have been taken on speculation; 2,680 American and
3,060 Surat for export; so that the deliveries to the
trade for the week have been about 31,000 bales.
The businesS to-day will probably amount to 0;000 b4ei.
The Liverpool Share Market to-day was slightly
more animated, and 'rather higher prices were
paid than those obtainable for several days past.
Towards the end of the day, however, the tone.
flattened, and business closed with a languid feel-
.
ing. On the whole, the week's business has been
dull, The transactions -to-day included Birken-
heads at 77 Edinburgh, Perth, and Dundee,

dirgn,
27a ; Lancashire and Yorkshire, 971, ;
London and North-Western, 95a, a; Midland,
1061 ; South Eastern, 23 7-16, -3-; Great Western
of Canada, 13a ; North Union A.,- 239; Commer-
cial Bank of Liverpool, 121 ; Liverpool and Lon-
don Fire and Life Insurance, 6i p. ; Royal Insur-
ance, 4 5-16 p. ; Pacific Steam Company, 75; do.
New Shares, 24 p. •

BANK OF ENGL.

(From Last Ni

• ISSUE DE]
DE)IIT. ,
Notes issued ;," 30;8050)80

£3O, 805,b80
BANKING D
DEBIT.
Proprietor's Capital 14,553,000
Rest 3,185,972
Public Deposits 8,062,071
Other Deposits . 13,662,550
Seven day and other 815,776

,AND _
Gazetti.)'

'AItTMENT,

CREDIT.
Government Debt.. 11,015,100
Other Securities .... 3,459,900
Gold 'Coin and 16,330;980'=
other Bullion...

d 0,805,080

,EPARTMBNT

CREDIT.
Govt. Securities 10,925,157
Other Securities 19,1158,503
Notes 9,640,125
Gold and Silvik Coin 655,581

£40,279,369 I £40,279,369
The Bank Returns in last night's Gazette show, on
the usual comparison :

Z
Active Circulation , 21,164,955—Decrease 303,125
Bullion (both depart.) l6,9Bs,664—lncrease 124,934
Rest 3,lBs,972—lncrease 5,116
Seven-day and other Bills. 815,776—Decrease 46,277
Public Deposits B,o62,o7l—lncrease 1,637,005'
Other Deposits l3,662,sso—Decrease 980,067
Government Securities.... 10,925,157—5ame as last week.
Other Securities l9,osB,so3—lncrease .187,718
Notes unemployed 9,64o,l2s—lncrease '397,035

The follow'ing appeared in a part of our
impression-of yesterday -

THE MONEY MARKET.
-t.-The English funds continue with an.,, improv-.
ing tendency.' In the' discotint 'market the de-
mand has not been very active to-day, and in
few exceptional cases less than 21 per cent. was
charged. At the Bank a fair business was 'done.
The railway market continues quiet, but with a
steady upward tendency : the South Eattern has
improved a per cent.

The funds to-day showed great firmness, but
eiperienced no alteration in price. Speculators
are disinclined to act until the pending questions
will have been submitted to the coming Congress.
In the other departments of the, Stock Exchange,
notwithstanding the stagnation of business, prices
were very firm. In Lombard-street good bills
are still taken at the Bank minimum. No
transactions in--bullion - at- the -Bank--to-day.--
Daily News.

COMMERCIAL. - =

The Herald, reports that .a large business was
concluded, yesterday, in sugar and rice, at better
prices • and in most other articles transactions
were of fair extent. The, Mincing-lane markets
generally were firm.

The Times states that the exchange at St.
Peterstiurg-has experienced 'only- a slight reco-
very.. The Government, however, it is affirmed, are
now alive to the evils of the present state of the
currency, and will make gradual and honest'
efforts to provide a remedy. •

The Admiralty, in reply to representations on
the expediency of adopting the system of public
tender in their contracts for coal freights to the
East, admit the soundness of the principle, but
state that in especial cases, where the public ser-
vice requires it, the right of departing from the
general principle of competition is reserved.

LIVERPOOL COTTON MARKET.—Nov. 2:5

in Glasgow, t6/r9sist the demand of 6d. per day advance.
The large make, however, of the Cleveland district,
t should cause the men to pause in their policy, as the:
aspect of this branch of the trade has undergone a
marked change ;the last 'few years, Owing t*O.: the lipid
development of the mineral resources of that pirt of
the country ; end; a strike at all times ill-advised,
would be very imprudent at this inclement season of the
year.- The price to-day is, Mixed Nos., Warrants, job,
m the Clyde, ;5.35. 6d. per ton cast ; and the shipments
thence 8,468 tons this week against 8,064 tons, same_
period last year. Lead is rather firmer, with a better
home,trade ; the same may be said of Copper. English
Tin 'ivithout change in value. The inquiry for Coke
TinTiates has 'rather slackened, although the late ad-
vance is maintained. Charcoal are rather more sought
for, and evidently have reached the lowest point, for, in
spite of the :very heavy .export, the American buyers
will have to give out orders shortly, to assort their stock.
The following are the quotations :—Welsh bars, £6 ss.
to £6 7s. 6d., to. arrive, £6 10s. ex-warehouse ; Staffe,
best Bars, £7 10s. to ss., according to quality ; Nail
Rods, £7 to £7 7s: 6d. ; Hoops, £8 7s. 6d. to £9 ss.
Sheets, £9 to £9 lOs ; Scotch Pig Iron, G.M.8., 61s.
per ton. Copper, Sheathing, is. per lb ; Cake and
Tile,
.£lO7 10s., Lead, Pig, £2l to £2l 10s. ; Sheet,
£22 10s. ; Shot, £25. ' Tin, common, £132 ; Refined,
£135 per ton; Tin plates, .I C Coke, 255. Charcoal,
31s. to 32i. per box; f:o.b. here usual terms.

SEEDS AND OILS.
l‘ir. James Samuelson, in his Weekly report, says :
There is no material change to note either in Oilseeds
'or Oils. All kinds of Seed are in fair demand. Lin-
seed Oil is rather higher, and worth £2B in ordinary
,casks. Rape Oil is scarce, and good Oil in request.•
Liiseed Cake continues to sell readily at £9 15s. Rape
Cake at £4 ss. for manure, and £5 10s. to £6 for feed-
ing cake.