Northern Times.
Liverpool, Merseyside, England, 1859-01-20 00:00:00

MONETARY AND COMMERCIAL.
LIVERPOOL, Wednesday 'Evening
The demand for Cotton continues very steady,
at about previous prices. The sales, to-day, were
7,000 bales, including 1,000 on specnlation and for
export.
In the Liverpool Share Market, to-day, the busi-
ness was rather limited, and, with one or two ex-
ceptions, prices were lower at the close. The
following are the transactions :-Caledonian, 87,
861, 861 ; Lancashire and Yorkshire Stock, 981,
981, 988, 981, 981 ; Eastern Counties, 12 9-16 ;
London- and North Western. 97, 968, 961,
97, 971 ; Manchester, Sheffield, and Lin-
colnshire, 391 ; Midland, 1011, 102, 1028, 1021 ;
North British, 631 ; Dovers, 22 7-16, 221,
22 7-16 ; Warrington and Stockport, 8 5-16';
Buffalo and Lake Huron, 61-; Liverpool Union
Bank, 12e. The following were the closing
prices: - Blackburn, 11 3-16, 11 5-16; Chester
and Birkenhead, 661' 167 • Caledonian, 86k,
861 ; Chester and Holyhead, 488 481; Eastern
Counties, 12 9-16, 124 ; East Lancashire, 954,
96 ; Do. £9 shares, 1, 4 p; Great Northern, 106,
107; Do. A, 90, 91 • Great Western, 56, 561;
Lancashire . and Yorkshire Stock, 981, 988 ;
Do. £9 shares, 1,8 p; London and North Western
Stock, 97, 971; Do. one-eighth shaves 1, 1146 d;
Manchester, Sheffield, and Lincolnshir:e, 391, 391 ;
Midland Stock, 102 k, 1021; North British,
63, 631 ; North Western, 138, 138 ; North
Staffordshire, 48, 41 d ; North Eastern-Berwick,
931 941 ; York and North Midland, 771, 78;;
Leeds Capital Stock, 48 , 481; South Eastern.
and Dover, 228 22 7-16-; Dutch Rhenish, 4t,
44 d ; '
Great Western of Canada, 161,- 161:;.
Do. New Shares, 4, 31 d • Great Luxembourg,
71; Grand Trunk of Canada, 8 d x, bonds, 8-3-.
The market for the Public Funds and Securities
opened good, and were strong during the morning,
but subsequently it became rather flat. The
Government broker again purehased New Three
per cents. Consols closed 958 to 96 for Money
and the Account;- the New Threes at 961 to 968';
and Exchequer Bills 37 to 40 pm.
The London Railway Share Market opened very
strong, this morning, and continued so until this
afternoon, when. the market lost the advance in
sympathy with Consols. Lombardo Venetian was
firm at commencement but subsequently receded,
and later in the day prices again improved.
Midlands, Great Westerns, and Lancashire and
Yorkshire, were stronger. Foreign, Stocks steady
except Turkish, which closed weaker. Banks,
Mines and Miscellaneous Shares steady.. European
and American Steam. Shares firmer. The following
are the closing prices :-Ambergate, 61, 61 ;
Caledonian, 86, 86k ; Do. Pref., 103,. 105 ; Eastern.
Counties, 621, 631; East Lancashire, 95, 97 ; Edin,
burgh and Glasgow, 69i. 70 ; Great North:-
em, 1041, 1051 ; Ditto A. 88, 90 ; Ditto
B. 132,. 134 ; Great Western, 56, 562;. Lancashire
and Yorkshire, 971, 981 ;: Brighton,. 1121, 1131;.
London and North Western, 961, 97 ;: London and
South Western, 951, 951 ; Manchester, Sheffield,
and Lincolnshire, 39, 391.; Midland, 102, 1021;
North British, 621, 631 ;•ditto Pref., 112, 114 ;
North Eastern--Berwick, 932, 94 ;- Leeds, 481,
49 ; York, 7n, 78 ; North Staffords, 48, 41 d ;
Dovers, 741, 75 ; Turkish. Sixes, 91,: 911 ; Ditto
Fours, 1054, 106 ; Great Western of Canada, 16,
161;. ditto New, 3'3, d ;.Grand. Trunk of Canada,
99, 91; Bank Stock, 226,. 228.
The Wool sales were continued to-day. The
total quantity offered was 3,532 bales, of which
3,25/ were East India. The sales commenced at
two o'clock, and the whole of the East India, 2,509
bales of which were offered by Messrs. Hughes
and Ronald, and 748 bales by Messrs. J. L. Bowes
and Co., were sold at good prices, the highest
figure being 131 d per lb. Some Portugal and
Castello. Branco sold as high as 151 d per lb. The
sales will commence to-morrow at 4 o'clock, when
Messrs. Browne, Hunter and Co. will submit 1,811
bales East India, to competition.
Respecting tho trade of the North of Ireland,
our Belfast correspondent writes :-
There is nothing in the mercantile operations of the
past week demanding special attention. Business through-
out our own province is in a healthy condition, and
although excitement, or even decided animation, cannot
be said to exist, the industrious tradesman and judicious
merchant find remuneration in toil and profit in invest-
ment. Flax, it would appear, has at length reached its
climax in point of price. The country markets during
the past week were less largely supplied than they had
for some time previously, yet prices gave unmistakeable
indications of a downward tendency; in some of the
markets holders were forced to make concession in price.
Yarns are without alteration ; a fair demand has gene-
rally prevailed. As to stocks, something approaching to
unanimity exists, that they are at present undoubtedly
low. Brown goods changed hands freely at late advance.
For white and finished goods there is a healthy trade
demand, especially for fabrics suitable to the English
market. Shipments for the American spring trade now
draw towards completion.
A correspondent writes to say that we were
labouring under a mistake when we stated that
Messrs. Carson and Son, Arbroath, are to place
their extensive works upon short time in conse-
quence of the depression in trade. Our corres-
pondent says, " This is not the case, it is in
consequence of the scarcity and extreme high
rates asked for flax."
The amount of Specie on board the Pera, which
leaves Southampton to-morrow, for India and China,
is as follows :-Ceylon, £l,OOO gold; Madras, £655
gold, £5,000 silver ; Calcutta, £55,350 silver ;
Singapore. £22,300 silver ; Hong Kong, £2OO
gold, £107,894 silver ' • Shanghai, £78,549 silver.
Total, £1,865 gold, £269,093 silver.
It is stated that the promoters of the proposed
new railway from London to Bury St. Edmund's
have determined not to proceed with their bill in
the ensuing session of Parliament. The reason
assigned is, that in consequence of the magnitude
of the undertaking, and the late period of the year
at which it was commenced, it has been found im-
possible to perfect the necessary preliminary
arrangements. The surveys will, however, be
available for another session.
The Accounts of the Manchester, Sheffield, and
Lincolnshire Railway, for the half-year ending
31st December, have been made up and are in
process of audit. They show a balance sufficient
to enable the Directors to declare (after payment
of the Canal Annuities and the interest on loans)
the usual dividends on the Debenture Stock, the
61. Preference Shares, the 31 Preference Stock,
the 61. Preference Stock, and the dividend on the
new 101. Redeemable 61. per Cent Shares •, leaving
a balance of over 5,0001. to be carried to the
credit of the next half-year's account.
At the London Corn Market to-day English
wheat was a slow sale, and obtainable at Monday's
rates. There was but little business in Foreign,
at unchanged prices. Flour quiet •, barley in good
request; malt sold steadily, and there was a re-
quest for oats ' • beans and peas steady, with a
limited demand.
The General Produce Markets remain quiet.
The sales of Sugar here to-day were nearly 2,500
bags, at steady prices. Nothing took place in
Molasses or Rum, and the sales in Coffee were
under 100 bags, at 435. 6d. to 465. per cwt. for Rio.
There are no transactions to note in Rice. Very
little was done this morning at the public sales.
100 bales Sunn Hemp brought £23 per ton, and
230 bags Bombay Linseed at 545. 6d. per quarter.
In the London Market, to-day, the demand for
Sugar was active, and the late advance fully sus-
tained. Coffee was quiet, but steady. Rice
bought readily at full prices..
The Magdalena has arrived from the West
Indies with £133,859 in Specie.