Northern Times.
Liverpool, Merseyside, England, 1857-09-15 00:00:00

LONDON CORN MARKET.-SEPT. 11.

_
The supply of English wheat at market this morning was good.
Fed wheat sold prett7 freely at an advance of is is 2i per qr.. but
white hung on hand and cannot be qnr•ted dearer. Fi.reign wheat
was generally held for an improvement of Is, which checked business.
Flour underwent no materisl change. Fine malting barley inquired
for, and Is per qr. dearer; a good sale was experienced for grinding
e' at erreme rates: Oats, with the exception of Russian
description, were in short supply, and 6d per qr. dearer. Beans and
yea scarce and firm in price.
ARRIVALS INTO LONDON FROM SEP C. 7 TO SFPT 12.

Wheat. Barley. tlalt. Oats. Beane Peas Flour.
Coastwise. Wheat.
qrs. qrs. qrs. qrs. qrs. brls. scks
English 3754 671 1471 5 316 221 1286
Scotch 24 20 .... 38 . 80
Irish.
Foreign
E. C. Rail
Gt. N. Rail 95 .... 268 602 .... .... 2442
cwts.
Exported

MONETARY AND COMMERCIAL.

LIVERPOOL, Monday Evening.

The Cotton Market has been tolerably steady
to-day, and holders maintain late rates with
firmness. The transactions are estimated at
12 000 bales, of which speculators and exporters
took 2,000 _ _ _ _ _ _

The news from India at first had a favourable
effect upon our local Stock and Share Market,
which opened at.a slight improvement on Satur-
day's prices; but some stocks being found to be
over, the effect of settlement was to depress the
market, and it closed tamely. Among the transac-
tions of the day were the following : -Caledonian,
421, 424 ; for next Account, 424, 424,. ; East
Lancashire, 963 ; ditto 91. Shares, p ; Lancashire
and Yorkshire, 109, 1094, 1094; London and North
Western, 994, 994 ; ditto for ntx; Account, 100 ;
Manchester, Sheffield, and Lincolnshire, 411 ;
Midland Stock, 82, 811; ditto for next Account,
811 ; South Eastern, 21* ; Great Western, of
Canada for next Account, 214 ; Grand Trunk of
Canada, 12, 9.16 The following are the closing
prices :-Blackhurn, 8, 84 ; Chester and Birken-
head, 66, 604 ; Caledonian, 42* 424 ; Chester and
Holyhead, 164, 17 ; Eastern Counties, 11 5-16,
114 ; East Lancashire, 954. 964 ; Do. 9/. shares,
4, 9-16 p ; Great Northern, 24, 244; Do. A, 11,
11.4 ; Great Western, 544, 55 ; Lancashire and
Yorkshire Stock, 1004, 100* ; Do. 91. shares, 4,
p; Liverpool, Crosby, and Southport, 19, 194 ;
London and North Western Stock, 994, 100 ;
Manchester, Sheffield. and Lincolnshire, 412. 42 ;
Midland Stock, 814. 811; North British, 12 7.16,
124; North Staffordshire, 44, 4 d ; North Eastern
-Berwick, 234, 231 ; York and North Midland,
394, 394; Leeds Capital Stock, 244, 24.4 ; South
Eastern 201, 21 • Scottish North Eastern, 124.
124 ; Buffalo, and Lake Huron, 5, 44 d ; Do. New
Shares, 54, 5 d ; Dutch Rhenish, 34. 34 d ;
Great Western of Canada, 214, 214; Do. New
Shares, 4,4 p ; Great Luxembourg, 01,7 ; Grand
Trunk of Canada, 12 5-16, 12 7-16. Tne rates of
Continuations paid were :-Ceedolian, is 62, is
81, 2s, is 9d, is ; Eastern Counties, ls, is 6 1 ; Lan-
cashire and Yorkshire Stock 4; London and North
Western Steck, 5.16, ; Manchester, Sheffield,
and Lincolnshire, 3s, 4, 33 ; Midland Stock, 5-16,
4, 5-16, es, ; North British, 9d ; York and North
Midland, 2s ; South Eastern, is 441, 19 62, is 44,1,
; Great Western of Canada, 9d ; Grand Trunk
of Canada, is 6d.

The Money Market has not undergone any
change since the close of the week. There is
abundance of capital for commercial purposes, and
the rates of discount may be quoted as on Saturday,
To-day there was little, if any, variation in the
funds. The telegraphic advises from India certainly
did not produce upon prices. The first interpre-
tation put upon the news was rather favourable.
but on a few sales being pressed, prices slightly
declined. Consols were quoted at 901 to 90/ for
money, and 91 to 901 for account. These quota-
tions were not maintained, and after business
hours the price for account was 99 9-16 to 90 11.16
Exchequer Bills were held at 7c. 2 dis.
The Sun of this evening makes the following
remarks upon monetary affairs :—" There con-
tinues to be an active demand for discounts in
Lombard-street, and at the Bank, and the conse-
quence is that, with very few exceptions, the full
rate of 5i per cent. is exacted for first class bills,
while those of an inferior character are unnegociable
unless on still more onerous terms. Throughout

the autumn the inquiry is generally stimulated by
extended commercial operations, and a consider
able sum is absorbed in Revenue collections and
other payments. It is, therefore, deemed im-
probable that any relaxation in the Bank policy
will occur at present, the tendency being rather in
the other direction. At the same time, however,
there is an ample supply, the, enticing allowiwce
made by the Joint Stock and Private Banks for
deposits " on call" or at short period, placing the
discount firms in possession of large sums. When
the October dividends are paid, increased relief
will no doubt ensue, but they are not expected to

occasion any permanent ease, the employment for
capital being very rapid and extensive. The
improvement in the general position of the Bank
of France is a satisfactory feature, and if its
admieistration are not compelled to make large
purchases of gold in this country, the progress of
our Money Market will, perhaps, be more favour-
able than many imagine; but there is still an
important drain to India, which will prevent a
rapid accumulation of the precious metals. During
the next month or six weeks, a large influx of gold
is expected ; upwards of a million and a quarter
being en route, and most of it probably near at
hand, from the Antipodes. About 480,276/. has
been announced this morning, viz-. 10,6001, per
Arabia, from the United States ; 174 2501 per
Atrato, from the !Vat Indies and Pacific; 200,7841
per the Sardinian, from Victoria; 91,522/. per
Star of Peace, from New South Wales ; and 3,1201.
by the Tagus, from the Peninsula"
The London Railway Market has been steady,
and, although the business transacted was not
large, prices generally were supported. Great
Western, Caledonian, and Manchester, Sheffield,
and Lincolnshire, show a recovery from the late
decline. Among the early sales were :—Eastern
Counties, 111, 111 ; Great Western, 55k, 554, 55;
Lancashire and Yorkshire, 1001 ; London and
North Western, 991, 100; London and South
Western, 921 ; Manchester, Sheffield, and Lincoln-
shire, 42, 41.1 ; Midland Stock, 82, 81.8 ; North
British, 491- ; York, Newcastle and Berwick, 92i ;
York and North Midland, 791. The latest prices
of the day were :—Caledonian, 812 ; Eastern
Counties, 11i, 111 ; East Lancashire, 96, 97 ; Great
Northern, 96, 97 ; Great Northern A, 87, 88 ; Lan-
cashire and Yorkshire, 1001, 1001; London and
North Western, 901, 100; Manchester, Sheffield,
and Lincolnshire, 411. 421 ; Midland Stock, 814,
81 R ; North Biitish, 504 ; South Eastern and Dover,
681, 601-; York, Newcastle, and Berwick, 93, 94;
York and North Midland, 79i 791.
The harvest is preLy well secured, the crops
are said to be abundant, and for the. most part
in good condition, nevertheless, the Corn
Markets cf the United Kingdom keep on the
advance. At Mark-lane to day, English Wheat had
a slow demand, but prices are is per quarter higher
than on this • day week. Foreign was is to 2s
higher. Oats and Flour were held for more
money.
The Foreign and Colonial Produce Markets, both
here and in London, are quiet. The accounts from
India have not yet had any material effect upon
any article produced in that country.
The coneraereial accottets from America are
decidedly unfavourable, the panic in Wall-street
having caused a severe " run " on several of tho
principal banking institutions. The failure of the
ilhio Trust and Loan Company has impaired con-
fidence, and having been followed by that of the
Mechanic's Banking Association, the depositors in
the Bank of Commerce, the Metropolitan and the
Nassau Banks had become alarmed. All specula-
tive securities were naturally very depressed.
The City Banks were contracting their loan and
discount operations, and during the week ending
the 29th nit. there was a decline in this department
of 750,1331
Rumours of a new Turkish loan are revived.
The Turkish Government are known to be in
want of money, as they have been for years
past ; aad it is true that an agent is on
a visit to London to ascertain what progress
can be made towards raising fresh funds. All
this, however, is nothing new; and the negocia-
tiation is merely a revival of that noticed a few
months ago, when the opinion of a few of our
aapitalists was asked respecting the raising of a
loan to be eecured upon the private .domains of
the Sultan. The prevent attempt is believed to
have no more prospects of success than its prede-
cessor.

TYE EVANGTLICAL ALLIANCE.—The assembly of Evan-
gelical Chr clans was ep.tned at Berlin on the 9Lh. The
meeting took place in the garrison churchyard. Prayers
invoking the Divine blessing on the labours of the
assembly were offered up in German, Frrtcb, and English.
The Hon. and Rev. Baptist Noel, in his prayer, implored
the protection of God for his fellow countrymen in India,
and the divine aid i 2 the speedy evangelisation of that
.country..