Northern Times.
Liverpool, Merseyside, England, 1859-03-26 00:00:00

THE NORTHERN TIMES, SATURDAY, MARCH 26 1859

MONETARY AND COMMERCIAL.

LIVERPOOL, Friday Evening.
The amount of business going , forward in the
Liverpool Cotton Market continues large and the
sales to-day are again 10,000 bales, of which 3,000
have been for speculation and export.. The market
closed firm, at full prices of the week's business.
Messrs. Wright, Juriior and Co., in their circular of
this afternoon, say :
The Persia conveyed our last circular advices dated 18th
instant, at which time our cotton market was unsettled and
prices irregular. The present week opened under a some-
what clearer political horizon, and the hope, rather than
the certainty, that war would be • averted by diplomatic
agency inspired all classes with renewed confidence, and an
active demand sprang up, which, after receipt of the
Canada's accounts, became animated, and has continued
spirited to the close of the week's business. The daily
sales are enlarged by the liberal operations of. speculators
and exporters, whose action has contributed to enhance the
value of the current qualities, or clean parcels, to which the
inquiry is chiefly confined. Although holders have con-
tinued to supply the market freely, and abundant selection
is yet afforded, the inroads making into our stock and the
detention of large parcels at the bar of New Orleans
limiting the import, must shortly have a sensible effect on
the classification, unless arrivals come forward with greater
freedom than is now apparent. Money matters offers no
change worthy of comment. Funds and public securities
are very sensitive, but do not participate to a like extent
in the improvement which a more pacific turn of dis-
turbing influences has imparted in commercial circles, and
as these form the index of political opinions, it is clearly
indicative that there is a want of faith in the ultimate
success of pending negotiations for the preservttion of

To-day's sales are estimated at 10,000, 3,000 to specula-
tors and exporters, the market closing firmly at the quota-
tions, which are advanced 141 per lb. in American descrip-
tions on last Friday's rates ; offerings, however, continue
free. The total sales of the week, including what has been
forwarded from the ship's side, amount to 70,870 bales, of
which 60,710 are American. Speculators have taken 9,650,
and exporters 8,860, leaving 52,360 bales of all kinds to the
trade. The import for the same time is 41,741 bales, of
which 34,446 are American. The quantity known to be at
sea from American ports is about 147,000 bales-

PRICES TO-DAY
New Orleans Fair, Bhd... , Middling, 7r.. Ordinary, 41d to 6id.
Mobile „ 711-16 d. „ 7 d. „ shd to 65d
Atlantic „ 7 7-16 d. 7 1-1 d. „ sid to bid
Total taken for consumption, 18'59, 547,190 bales.lBsB, 482,300 bales.
„ export (actual) „ 46,041 „ , 27,063 „
American Brazil Egyptian E. India W. India Total
Stock this day.... 308,200 12,810 18,740 6,710 370 346,360
Same time 1858 298,770 29,380 4,920 _ 66,220 3,040 402,330

Messrs Edmund Jardine' and CompanY, in their
circular, say :
The depression of last week disappeared on the opening
of the present, and on Saturday Holders evinced no dispo-
sition to effect sales, except at the quotations. This feeling
was further strengthened on Monday by receipt of advices
per Canada from the States, together with more favourable
news from the Continent, and the demand being good, both
from the trade and for export, holders recovered the decline
they had previously lost, and we close at the quotations
current this day fortnight.
Messrs. James Stock and Sons say :—" The
more favourable aspect of Continental affairs,
combined with the advices per Canada of diminished
receipts and advancing prices caused our market to
revive in demand, and throughout the week we have
had an active enquiry, both from exporters and the
trade, which has enabled holders to establish an
advance of -4-d. per lb. in all qualities of American."

The amount- of business done in the Liverpool
Stock Exchange to-day has not been large, but prices
have ruled tolerably steady and close much the same
as at -the opening. The sales were—Birkenhead,
Lancashire, and Cheshire, 63,1- ; Great Western, 59 ;
Lancashire and Yorkshire, 95, 95, 951 ; London
and North Western, 951; London and South
Western, 931 ; Manchester, Sheffield, and Lincoln-
shire, 38Z, 381 ; Midland, 1011, 101 Z, 1011, 1014 ;
South Eastern, 21, 21/, 3-16; Whitehaven and
Furness, 10 5-16 ; Grand Trunk of Canada,
6 per cent. Preference, 94 ; Great -Western of
Canada, New, sd. Sales were made in the
Midling Stock after official hours at 101%,
but there were no transactions in any other
stocks. The final closing quotation were :
Blackburn, 111, 11 ; Chester and Birkenhead,

631, 641 ; Caledonian, 84+, 841 ; Chester and
Holyhead, 48, 481 ; Eastern Counties, 12,
121 ; East Lancashire, 93, 931 ; Do. £9
shares, 8, p ; Great Northern, 103, 104 ;
Do. A, 88, 89 ; Great Western, 581,
591: : Lancashire Anti Ytrkshirn Sto,.k, 05k,
95 ; Do. £9 shares, Is, 2 p ; London
and North Western Stock, 951, 951; Do. one-
eighth shares, y, 13-16 d ; Manchester, Sheffield,
and Lincolnshire, 381, 38+; Midland Stock, 101,
101+ ; North British, 601, 60+ ; North Western, 131,
131 ; North Staffordshire, 4, 4+ d ; North Eastern
—Berwick, 921, 93 ; York and North Midland,
76, 761; Leeds Capital Stock, 47, 471 ; South
Eastern and Dover, 211, 21+ ; Dutch Rhenish,
cn., 4 9-16 d • Great Western of Canada, 151, 15a ;
Do. New Shares, 5+ d; Great Luxembourg,
7, 7 1-16 ; Grand irunk of Canada, 81, 8+ ;
Lombardo-Venetian, 11, 11 p ; Ditto New Shares,

The Liverpool Produce Markets have been com-
paratively quiet during the week. About 450 brls.
of Ashes have been taken at at 29s to 30s for pots,
and 31s 6d per cwt for pearls. Retail transactions
only are reported in Bark, at 9s to lOs per cwt for
Philadelphia firsts. Bees' Wax is steady, at 9/ 2s
6d to 6/ 5s per cwt for good to fine quality. Con-
tinued heavy arrivals of Cloverseed induce purchasers
to limit transactions, and sales are confined to 160
at 60s per cwt. Timothy-seed is light in stock, and
only 100 bags have changed hands at 35s 6d to 36s
per cwt. A- moderate- inquiry in Lard, and small
sales *at 58s to 60s per cwt. Linseed Cake is dull at
9/ to 9/ 2s 6d for thin oblong. Rice is in steady
demand, with sales of 100 tierces, at 23s for good
quality ; fine is held for higher rates. Imports of
Rosin continue large, and induce sellers to accept
lower rates. Sales : 3,000 barrels, chiefly common,
at 4s 6d to 4s 9d, up to 14s per cwt for very fine
parcels. Tallow is in better demand, good and fine
realising 53s to 54s per cwt. Transactions in Tur-
pentine are limited to 50 tons of spirits, chiefly at
40s per cwt.
There has been rather more business doing in the
Corn Trade this week and prices in Liverpool and
elsewhere have shown an upward tendency for.
Wheat, but Flour has remained at about the same
quotations. Indian Corn continues heavy. At
Wakefield to-day an advance of one shillinr-
me I quarter was established in Wheat.

- The Salt Trade i
;tate, manufacturers

till in a very unsatisfactory

being a

us to realize when

orders 'are off6red,

The quotations are as follows
to 4s 3d ; rough, 5s 6d to 8s

Common salt, 4
stored, 7s 6d ; butter, 6s per ton

The Manchester market has become more quiet,
and the demand for goods has considerably abated
owing to confirmed advices of a reduced demand in
the Eastern markets, and orders could be placed at
easier rates in many quarters, although existing
unfinished contracts will keep all hands engaged for
some time forward. Yarns are in more request, but
the advance demanded tends to restrict the extent
o business, particularly in the-home market and for
fine numbers.

The London Stock Market opened this morning
with much the same. tone as prevailed at the close of
but the announcement of a. proposed
£12,000,000, caused considerable
depression, and quotations declined from kto per
cent. in consequence. Consols at noon were quoted
at 961, but left off at 961, and remained at that noint

yesterday

Russian r loan of

. -
after official hours. _
..
The London Share Market opened rather buoy-
antly, but, in sympathy with the Stock market, de-
clined in the course of the day, and the amount of
business done was limited. The final closing

prices were

kinbergat

Caledonian, 84

3 5 11

841 Ditto P
60. 61

reference, 103, 105; Eastern Counties,
last Lancashire, 921, .93 ; Edinburtzh

asgov, 723

103 ; Ditto A, 87

731 ' • Great -Northern, 1024,
89 ; Ditto B, 132 134 ; Great
591 ; Lancashire and Yorkshire, 951;
114 ; North- Western, 951' 9,51 ;
rn,'92l, 931 ; Manchester, Sheffield, and
, 39 ; Midland 1014, 102.
0, 601; Ditto PreferenCe, 111, 113 ; North
Eastern and Berwick, 921, 93 ; Leeds, 47
York. 761, 77 ;. North Stafford, 4

3 5 4

3 5 3

ghton, 112,

outh-We
Lincoln,

Si x - —, - „ ,±l-.; , 6outh-
Eastern, 70k, 71; Turkish "3-"x6-,, .93-1, 934; Ditto Fours
103, 1032; Great West
4 dis; Grand er.:l of Canada, 151,-, 151; New
5, 4 ,
PLrunk of Canada Bonds, 8-,T,
The Australian advices received by the 'Oneida
report 12:nat,,from the 24th of December to the 2nd of
Fetruary, the shipment of gold made to England
amounts to no less than 256,422 ounces, valtied at

£1,025,700. The particulars are as follows:—
Dec. 24th, The Copenhagen, for London, 21,900 oz.;
31st, Water Nymph, London, 14,500 oz. ; Royal
Bride, Bristol, 29,200 oz. ; Jan. 10th, Roxburgh
Castle, London, 41,500 oz. ; 12th, White Star,
Liverpool, 32,500 oz. ; 15th, Austral, London,
15,300 oz. ; 20th, Heatherbell, London, 21,000 oz. ;
Champion of the Seas, Liverpool, 23,000 oz. ; 26th,
Maidstone London, 8,700 oz. ; 27th, Royal Charter,
London, (?) 27,300 oz. ; Feb. Ist., Conflict, London,
10,800 oz.
The commercial accounts from both Melbourne
and Sydney are more favourable,. and there was
considerable business going forward in some few
articles of import among which Butter may be
mentioned.

The Board of Trade Returns for February have
been issued to-day. The declared value of exports
in the month, was 9,614,1431., against 7,288,4161. in
February last year. The exports of February, 1857,
were not so great by 300,000 as in the past month.
For the first two months of the present year the
exports amounted to 19,267,5561., being 4,6971.
more than in the same period of 1858, and nearly
1,000,0001. more than in 1857.
There has been no diminution in the general
inquiry for money. The bank rate of 21 per cent.
is fully supported, and the public cannot
obtain supplies below those terms out of doors.
It is evident that other causes besides the
purchases of silver are creating an influence,
and it is almost universally acknowledged
that trade is steadily improving, although not
to the extent that would be case if foreign
political relations were in a more tranquil position.
The absorption in process to provide the £2,000,000
required by the East Indian Railway Company, and
the expectation of additional demands of a similar
character, have not been without their effect among
the bankers and brokers. The applications at the
Bank of England yesterday were of a more numerous
character.
With reference to the market for American secu-
rities, Messrs. D. Bell, Son, and Co. make the
subjoined report :
In the market for American securities during the past
week, there has been an improved demand for the various
State stocks, as well as the Government Five per. Cent.
loan, in which there has been active business. In Railroad
securities there is no particular change to notice.

BANK OF ENGLAND RETURNS

Account, pursuant to the Act 7th and Bth Vic.,
cap. 23, for the week ending Wednesday, March
23, 1859:

ISSUE DEPARTMENT

DEBIT.
Notes issued

a Island