Northern Times.
Liverpool, Merseyside, England, 1859-02-16 00:00:00

I MONETARY AND COMMERCIAL

LIVERPOOL, Tuesday Evening,

The teri.Pr of the Cotton advices received from
America by the steamer, this morning, has had
the effect of check ing the upward tendency of the
Liver Paul Market, alit a very moderate demand
has been the result. The pites amount to 5,00 Q
bales, rand include 1,090 on speculation. Prices-
are -nominally unchanged:
but they must be
regarded as a little easier: _

this has been another very quiet day on the
Liverpool Stock ExchanFe, but there has been a
better feeling, and quotations were well sustained
.up to the close of the market: The transactions
were —Caledonian, 86 ; Eastern Counties, 12; ;
Lancashire and Yorkshire, 96, 951; Lancaster and
Carlisle Third Shares,. 12p; London and North
Western, 96 ; Manchester, Sheffield, and Lincoln-
shire,.3Bl ; Midland, 1021 ; North Eastern—Ber-
'wick StOck, 941; South 'Eastern,' 221, 22 5-16,
221; Grand Trunk of Canada, 71; Do. 7 per Cent,
1872, 59; Great Luxembourg Constit. Shares, 61.
After official hours some transactions were reported
in Caledonians, at 851 ; Lancashire and Yorkshire,
95/ ; and Manchester, Sheffield, and Lincoln, at
381. The final closing prices were :: —Black-
kburn, 1114, 11 d ; Chester and Birkenhead,
661, 671 ; Caledonian, 851„ 851 ; Chester
and Holyhead, 481, 481; Eastern Counties,
12 7-16, 12 9-1 G; East Lancashire, 951, 961 ; Db.
£9 shares, 1, p ; Great Northern, 105, 108 ;
Do. A, 88, "89 ; Great Western, 561, 57" ;
Lancashire and Yorkshire Stock,:i 951, 96 ; Ditto
/9 shares, Hp ; London and IyOrth Western
Stock, 96,961 ; Do. me-eighth shares, 15-16, d ;
Manchester, Sheffield, and Lincolnshire, 381, 381 ;
Midland Stock, 102-f, 102?, ; North British, 62,
62 ; North Western,. 131, 131 ; North Staf-
fordshire, 41 xd, 4l d ; North Eastern--Berwick,
94, 94 ;7 York and Forth Midland, 7S, 791;

Leeds Capital Stock, 481, 481 ; Soutk Eastern,
and Dover,- 22 - 5-16, 22;1•; .• Dutch Rhenish, 51,
d' • Great Western of Canada, 154, 164- ;
Ditto New Shares d-; Great Luxembourg,
6a;.6 11-16 Grand Trunk of Canada, 71,
The ordinary general: mating of the shareholders
in the British and Irish Magnetic Telegraph' Com-
pany was held to-day, at whieh the annual roport
of the transactions of the company was read, and
which, considering the depressed state of trade
duriig the last_yeart was deemedsatisfactory. The
receipts had been, £1,600 more- than the previblis
year but the expenses had increased in a correspon-
ding =flip, consequent upon extended arrangements,
for obtaining information supplied to the publiz;
press. During the year 215 miles of additional`
line has, been opened. The report was unani--
:piously'. adopted
.; and a vote of one thousand-
pounds to the direct Ors for their, services was:
passed.
NO great Amount of business. 1-xs- been done in
the Produce Markets' to-4ay,' but prices of most
articles have been steady.
In the Manchester-Goods Marketttlfere has been
increase& activity today, and eensiderable busi-
ness iwas done for India, and the transactions for
the Continent were on a much more extended
scale, particularly for Germany—the: buyers for
-which submitted to anudvance in Yarns and-goods
of 3d. The market closed strong.
The Liverpool Corn! Market has: been quiet
to-day, and there was- a very thin: attendance of
buyers. molders of wheat were very, firm, but
flour was from a penny to two pence cheaper. In
other articles there was no change. The adoption
of, the " Cental " ceirtinzies to excite. some atten-
tion and is-now deemed a success. Mr. Proctor
in his circular issued thin afternoon says '
The Cental 100 lb. weight is now fairly a success
On this Con Exchange,-and, since theist instant, has
commanded the bearty adhesion and support of fully
nine-tenths of the merchants and brokers in. the trade.
The town bah vs are, irir,the most Rart;,opposed to the
change. N. difficulty, whatever, has been raised,
thoughtfully,._ against the well-weighed new- systenp,
which must eventually find favour im other cornm.arkets,
where prejueiee very naturally will exist, for a time,
Nothing can exceed in conciseness, the cental' points 10,
15, 20, and so on up to 100. We learn by letters and
circulars _ reeeived from. New York anal Montreal
centat hag: alreacky bien: adopted iin, tho'se
cities. The - comity and civility of all nations
will, with varrlittle doubt, ultimately do homage to this
simplicity of weight, aad also combiao with it one uniform
-decimal standard of money. Now, New York would
clie a , congenial city to have such a gathering of
communities ,„and' o -transatlantic -cousins would not be
backward to :lend willing heads and hearts to. accomplish
so. noble and peaceful a revolution.. Progress and perfect
freedom of trade are- worthy banners unden which dis-
interested and energetic men will always-he found to
range thomselves.,

The Scotch W: Trade, during the-past week,
has continued Very quiet., Consumers, are only
buying what wools they absolutely require, and
any transactions which have been entered into
have been in favour of the buyers.. Blackfaced
laid and; white are firm, there being; very little of
theso_classes ita the market. Laid.-1 Cheviots are
inquired' for, and prices, are maintained. White
woos of all sorts have been very, dull for some
Skin -wools are 'nought mueli easier, and it-
appears to be the general opinion that these wools
witt fall considerably, as they have been rather
high for some time.

The Repoli of the, Newry, Warrenpoint, and
Rostrevor• Railway has been issued. It states thsat
there has been a decitase in. the passenger
traffic of £ll7 19s. sd, compared with the or-
responding period of last year but an increase of
£39 19s 4d in the goods traffic. The working
expenses have been only 461'3 12s sd, against
£626 2s 7d last year. The Company's affairs had
been released firom Chancery, and all claims
against the Company, excepting one, ha-Re been
adjusted. The meeting of shareholders to con-
sider the report will . be held in Livelipool, on
Wednesday, the 23rd inst.

The statement of accounts to be presented at
the half-yearly meeting of the Waterford and
Limerick Railway Company, to be held at Water-
ford on the 24th inst., will exhibit a decided im-
provement in the affairs of this concern. The
balance-sheet shows that, after providing for the
preferential dividends, there remains a sum . of
3,0004, out of which it is proposed to pay a divi-
dend of one per cent. upon the original shares.
This. will require .about 2,0004, and with the
remaining balance of 1,1004 or thereabouts it is
in contemplation to lay the commencement of a
reserve fund.

The statement made by lord Stanley last night,
in the House of Commons, on the subject of
Indian Finance, has produced a favourable im-
pression on the London Stock Market, and in
consequence there has been a better .feeling,
and greater confidence has generally prevailed.
It is worthy of remark here that the pro-
posed loan of seven millions is to be
guaranteed by the Revenues of India and not
by an Imperial guarantee as had been
very generally expected and supposed. Consols
opened firm at 954 to 951, and at noon stood at the
same point ; but they were subsequently weaker,
and closed at 951- to 951. After official hours
there was no change,• but they continued weak,
Three per Cents left off at 961.
The Railway Share Market in London was not
active, but the tone was stronger, and prices had
an upward tendency, except for Caledonians, which
declined, consequent upon the announcement of a
four per cent. dividend. The following were
the transactions :—Ambergate, 61, at; Caledonian,
851, 854 ; Eastern Counties, 621, 621; East Lanca-
shire, 954, 961; Edinburgh and Glasgow, 711, 72 ;
Great Northern, 1041, 1051 ; Do. A., 88, 90 ;
Great Western, 564-, 56; ; Great Western
of Canada, 151, 16 ; Grand Trunk of Canada,
304 ; Lancashire and Yorkshire, 95'1, 95; ; London
and North Western, 961 ; Landon and South
Western, 921, 931 ; Leeds Northern, 48, 49 ; Man-
chester, Sheffield, and Lincoln, 381, 38/ ; Midland
Stock, 1021; North British, 611, 62 ; South Eastern
and Dover, 74 75; York, Newcastle and Berwick,
94 93 ; York and North Midland, 784, 79.
After official hours, the quotations were :—Consols
for Money, 951, 951; Consols for AcT3sunt, 954 ;
Three per Cents., 961 ; Exchequer Bills, Large,
March, 33; June, 33 ; do.- Small, Juncr 36 ; Am-
bergate, 61, 6H ; Caledonian, 861; Great Northern
A, 89 ; Great Western, 561, 56'2, 57 ; Brighton,
109, 1093 ; North Western, 96, 964 ; • South
Western, 93, 92;- ; 192, 1021; North