Northern Times.
Liverpool, Merseyside, England, 1857-08-12 00:00:00

MONETARY AND COMMERCIA.L.

LIVERPOOL, Tuesday Evening

There was a very dull and. languid: demand for
Cotton to-day ; at . the same time holders Yhave
manifested firmness, and prices have been main-
tained. The transactions were only 4,000 -bales;
principally to the trade.
lathe Liverpool Stock and Share Market there'
was very little business transacted this forenoon..
.the Litter part of the day a considerable
number of transactions took place. The following
were the sales of the day :-Birkenhead, Lanca-
shire, and Cheshire, 664 ; Caledonian, -381, 4
Chester and Holyhead, 174; Eastern 'Counties,
14 102-, 11; Great Western, 551 ; Lancashire and
Yorkshire 984 ; London and North Western, 1024 ;
Manchester, Sheffield, and Lincolnshire, 40, 7-16 ;
Midland, 631 834 ; North Eastern and Berwick
Capital 5t0c1i,.234. 231; Leeds Capital Stock, 22;
South Eastern, 214; for the next arcount, 21 15-16,
13-16; Dutch litienish, 411 ; Grand Trunk of
Canada, 13 1-16, 13; Great Weston of Canada,
214; Rpyal Insurance, 34, 13-16 p. The following
are -the elbsing prices of the day::-Blaek-
burn, 74. 74.; Chester and Birkenhead, 664, 664 ;
Caledonian, 381, 384 ; Chester and Holyhead,
174, 184 ; Eastern Counties, 102, 104 ; East
Lancashire, 954, 954 ; Do. 91. shares, 4, 9-16 p ;
Great Northern, 24k, 244; Great Western, 551, 56;
Lancashire and Yorkshire Stock, 984, 984 ; Do. 91.
shares, 11-I§, a p ; Liverpool, Crosby, and Southport,
194,_194 ; London and North Western Stock, 102,
102; Manchester, Sheffield, an 1 Lincolnshire, 401,
40-4; Midland Stock, 834, 81 ; North British,
114, 111 ; North Staffordshire, 44, 48 d ; South
Eastern, 21 11-16 21 13.16; Scottish North Eastern,
124, 124; North Eastern-Berwick, 231, 234 ;
York and North Midland, 38, 38* ; Leeds
Capital Stock, 214. 22 ; Buffalo and Lake Hurop,
44, 4 d ; Ditto New Shares, 4,3. f d ; Dutch Rhenish,
48, 41 d ; Great Western of Canada, 21, 211; Ditto
New Shares, 1, p; Great Luxembourg, 64, 6 15-16;
Grand Trunk of Canada, 124, 13.. We subjoin
the rates of continuations paid:-Blackburn, 91
con; Chester and Birkenhead, 5-16 ; Caledonian,
Is 6d, 1-16 ; Easern Counties, lid, 9d, 3d,
44d ; East Lancashire, 7-16 ; Great Western,
back, even en 1-16 ; Lancashire and Yorkshire
Stock, 4 back ; London and North Western
Stock, 7-16, 4, 7.16, 4; Manchester, Sheffield, and
Lincolnshire, 4, is, 1; Midland Stock, 5-16, 4,
3.16, 4, 3-16 4 ; North British, 9d ; South EaStero,
is 91, is 6d, 1-16, is 6d, 1-16; North Eastern-
Berwick, 2s, is 9.1. is 61, 1-16 ; York and North
Midland, 3s 6,1 ; Dutch Rhenish, ls, lld, is, 10d ;
Great Western of Canada, is 62, is 9d ; Ditto New
Shares, lid; Great Luxembourg, 91, 81; Grand
Trunk of Canada, is 6d, is 61, is 6d, Is, 1-16,
is; 1-16.

Monetary affairs are still unchanged. There is
not any alteration in the rates of
.discount, nor-is
there any press for capital. The Consol market
wears a dull and decaying tendency, much anxiety
being felt for the arrival of news from India. This
morning the opening rite for Money was 90k, but
afterwards .a decline to 891 took place ; this was
afterwards refused; and 90k was again the
.price.
.For the Account, business was first done at 901-1-
and then 908. The New Three per Cents were
done at 90j, 90g. A dull feeling sprung up,
and the closing prices were marked thus—Consols
for Money, 891 90 ; Do. for Account, 908, 90Z ;
New Three per Cents, 901, 93! ; Exchequer Bills,
6s dis to par.

The Railway Market, sympathising with COnsols,
was stupid and heavy all the day. Great
Westerns seem to manifest a further decline. We
note as follows:—Oxford, Worcester, &3 , 321, 32 ;
Great Western, 55k, 55, 55. Lancashire and York-
shire, 98Z-, 98,2 ; Leeds Northern, 441, ; London
and South Western, 97 ; Manchester, Sheffield,
and Lincolnshire, 398 ; Midland Stock, 831 ; York,
Newcastle, and Berwick, 751 ; North Stafford, 138.
The closing prices wore marked as follows :
Caledonian, 764, 77k ; Eastern Counties, 10 ,
101 ; East Lancashire, 95, 96 ; Great Northern,
97, 98 ; Ditto A, 91. 93; Great Western.ssB, 56 ;
Lancashire and Yorkshire, 98f, ; Leeds Northern,
43i. 44k; London and' North Western, 1014
102; London and South Western, 96k, 97; Man
chaster. Sheffield, and Lincolnshire, 391 40t ; Mid-
land Stock, 83t, 831 ; North Stifford, 4# ;_South
Eastern and D war, 721 ; York, Newcastle, and
Berwick, 911 924 ; York and North Midland,
75, 76.

Our telegraphic accounts from the chief cities
and towns of the United Kingdom show that there
is much wet falling in some localities, neverthe-
less, the Grain Markets are by no means active
A.t our market to-lay Wheat sold at Friday's rates,
Flour was 61 per, barrel cheaper, and Indian Corn
receded is per quarter. The Dublin, Leeds, and
Newcastle markets are alsO dull. and rather.
cheaper. Our cotemporary, the 'Mark-lane Express,
an acknowledged authority on the grain trade,
makes the following remarks in its last issue—
Arter many weeks' dry weather, highly favourable to the
wheat harvest, there bare been some heavy fall; of rain
but from which at present no damage is reported, beyaad
laying the crops. Still, as a very largo extent of corn is
cut, and in the fields, so it is to be expected that some will
be too hastily gathered, from the fear of greater harm.
Like last season, the first samples may prove the driest and
best. Should the ,weather become more Settled, the quan-
tity of rain now fallen may, on the other hand, partly
prevent the shedding of the grain, of which there are
complaints from its being dead ripe. Accounts as to the
final praduce are generally confirming that it will be good,
and in some localities great, with a quality beyond an
average range. Spring corn, however, still appears likely
to fall short, and the potato disea:e has re-appeared to some
extent in England, as well as in the south of Ireland, the
late rains occasioning some sprouting of the new crop.
Some rain has also fallen in France, but the wheat crops
in the southern departments are nearly secured. There,
as well as in Italy and S min, the samples are of first-rate
quality and weight. Even 67 lbs. per bushel is said
occasionally to be reached in France. New Ycirk is getting
supplied from the Southern States with new wheat of good
quality, the red bringing about 639 per quarter, and the
white 65s per quarter. Should these arrivals be kept up
liberally till they are met by those from the west, there
seems a certainty that much lower rates will obtain, which
are quite necessary to liberal exports. . The country mar-
kets here, though scantily supplied, were fast tending
downwards for wheat, but the reduction could scarcely be
estimated at over Is per quarter. Still, al the scarcity of
the stock of old begins to be felt, and the weather looks
doubtful, there is not much probability of a greatly
diminished value, though new samples, having commenced
at high rates, may experience soma dec ine. Much hinges
upon the weather, which, being wet at the week's clese,
sent some markets up is to 2s per quarter. •

The Produce Markets here are well supplied
There is a good inquiry for Sugar, and full prices
paid. There is a middling inquiry for Rice, and
Jute finds buyers at 221. 17s, 6d. to 261. Hs. per
ton. At London, to-day, the Sugar Market was
flat, and prices are 6d.to ls. lower. Little business
going forward in Coffee, while tea is quiet. Com-
mon Congou wells at ls. 2d. to Is. 2id. per4b.
Rice sells sluggishly, and nothing doing in Salt-
petre.

The Money Markets of the Continental cities
remain without alteration. It is only in Hamburg
that the rate of discount is higher than in London.
The charge there is still 6 per cent. At Paris it
is 51, at Amsterdam 41, and at Brussels 3/. Sub-
joined is the last quototions of the 2Foreign
Exchanges :---Amsterdam, short, 11 161 to 11 17;
do. three months, 11 19 to 11 19k; Rotterdam,
do , 11 19k to 11 1911-; Antwerp, do', 25 30i to
25 40; Brussels, ditto, 25 321 to 25 40; Hamburg,
do., 13 8- to 13 81; Paris, short, 25 -20 to 25 25;
do., three months, 25 60 to 25 65; Marseilles, do.,
25 621 to 25 65 ; Frankfort, do., 1191 to 1191
Vienna, do., 10 29 to 10 32 ; Trieste, do , 10 29 to
10 32; St. Petersburg, do., 311,1 to 361; Madrid
do., 481 to 48/_ . _ _

It is-- said that were it not for the Government
restrictions gold could now be sent from St. Peters-
burg at a profit of 2 per cent. Persons are allowed
to draw only very small sums, and the exportation
therefore is virtually prohibited. Hence the
parcels that arrive are altogether insignificant.
The Russian people pay heavily for this folly.
Probably the remittance of a comparatively mode.
rate amount would at once restore the exchange
to par, but in consequence of that operation being
impracticable, all the payments to foreign;frs will
continue for some time to be made at the djsad-
vantage which the present rate of exchange entes.
It is curious to witness the state of affairs after
the stories recently circulated that Russia was