Northern Times.
Liverpool, Merseyside, England, 1857-12-03 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, Wednesday Evening.
There was a quiet demand for Cotton to-day,
and the sales reached about 5,000 bales, including
1,000 on Speculation and for Export, at steady
prices.
The Liverpool Shard Market opened flat this
morning and at lower prices; towards the after-
noon there was an improvement in quotations, but
business is much circumscribed. The following
were the day's transactions :-Caledonian, 38, 381;
Lancashire and Yorkshire, 91, 914, 91; Lancaster
and Carlisle, New Third Shares, 71 p ; London and
North Western, 951 95-1,95 i, 951, 951, 951 ; Man-
chester, Sheffield, and Lincolnshire, 351, 35-7„ 351;
Midland, 834, 83k, 831, 834, 831, 838; North British,
111; North Eastern, 238 ; Dovers, 18 13-16, 18
15 16 ; Grand Trunk of Canada, 91, 9 11-16,
91 ; Great Luxembourg, 6, 6 1-16; Great
Western of Canada, 181; North Union B shares,
153 ; Liverpool ant London Fire and Life, 84 p ;
Atlantic Telegraph, 500. The following were
the closing quotations -Blackburn, 9, 91 ;
Cheater and Birkenhead, 611, 641; Caledonian,
381, 381; Chester and Holyhead, 151, 16 ; Eastern
Counties, 11, ; East Lancashire, 88, 89 ; Do.
91. Shares, par, 1 ; Great Northern, 231, 234; Do.
A, 91, 10 ; Great Western, 511, 52 ; Lancashire
and Yorkshire Stock, 904, 911 ; Do. 9/. shares,
par 4 p ; Liverpool, Crosby, and Southport, 181,
188 ; London and North Western Stock, 958, 951 ;
Manchester, Sheffield, and Lincolnshire, 351, 35 ;
Midland Stock, 83/, 831; North British, 111, 118 ;
North Staffordshire, 41, 41 d; North Eastern -,
Berwick, 23, 231 ; York and North Midland
401, 41.; Leeds Capital Stock, 241, 258; South
Eastern and Dover, 18*, 181, 18 15-16 ; Dutch
Rhenish, 51, 51 d ; Great Western of Canada, 181,
188 ; Do. new shares, 2* 28 d ; Great Luxem-
bourg, 6, 64; Grand Trunk of Canada, 9 11-16,
9 13-16.

The Money Market is not likely to become easier
until after: the 4th. The Express says that the
Bank of England Directors have not yet decided
with respect to the question of making loans upon
stock during the shutting of the transfer books
The Funds to-day were dull, but prices are limited
to about per cent. Consols for Money closed at
91* to 91k, and for the Account at the slime figure.
Atter official hours they advanced 11 per cent.,
being quoted at 911 to 91
In the London Railway -Share Market there
was a feeling of dulness today, and closing prices
were slightly lower than yesterday, viz :-Caledo-
nians, 761; Eastern Counties, 441, 451; East
Lancashire, 87, 89 ; Great Northern, 92, 93 ;
ditto A, 76, 78; Great Westerns, 511, 511 ;
Great Western of Canada, 181,, 18-7,-; Grand
Trunk of Canada, 38, 39 ; Great Southern and
Western, 97, 99; Lancashire and Yorkshire, 90.,
91i ; London and North Western, 951, 951 ;
London and South Western, 88k, 89; Leeds
Northern, 491, 501; Manchester, Sheffield, and
Lincolnshire, 351, 351; Midland Stock, 83i, 84;
North British, 471, 481; South Eastern and
Dover, 621, 631; York, Newcastle, and Berwick,
92, 93; York and North Midland, 81, 82;
Northern of France, 351, 351- ; Paris and Stras.
bourg, 251. 251 ; Paris and Lyons, 331, 34; Russia,
104, 106; Paris and Orleans, 49, 51 ; Western of
France, 25, 26 ; Sambres and Meuse, 61, 61 ;
Namur and Liege, 71, 71; Great Luxembourg, 61;
Antwerp, 6.1, 54; Lombardo Venetian, 31, 31.
After official hours the following were the nominal
prices :-Caledonians, 761, 761; Eastern Counties,
55*; East Lancashire, 87, 89; Great Northern,
92, 93 ; Do. A, 76, 73 ; Great Westerns, 511, 511:
Lancashire and Yorkshire, 91k, 91* ; London and
North Western, 051, 954; Manchester, Sheffield,
and Lincolnshire, 351, 35k; Midland Stock, 841;
North British, 471, 48,-1; York, Newcastle, and
Berwick, 92, 93 ; York and North Midland, 81, 82.

Messrs. Hughes and Ronald, in their monthly
wool circular, remark _ _ _

In the wool market, with the exception of one or two
forced sales of small amount, there has been literally
nothing doing beyond the sale of a few bales in a hand for
immediate wants, and prices are altogether nominal. It is
a scurce of great satisfaction to notice that the wool trade
has stood its ground so well, very few failures having
occurred, and only one firm of any particular standing,
exclusively in the trade of English on commission. The
present extra ely high rate of i etere3t must prove a barrier
to any business, but it can only bo regarded as temporary,
and there seems reason to expect that an immediate relaxa-
tion will supervene. It will no doubt take some time to
recover from the'present shock, but we look forward to a
healthy trade, and in our next report we expect to be able
to quote prices with some degree of precision.
With respeot to the state of the London Tobacco
Trade, Messrs. Grant, Hodgson and Co., say :
With an apparently quiet market, and a reluctance on
the part of the trade to increase their stocks beyond imme-
diate requirements, sales, nevertheless, may be estimated
at fully 800 hhds., consisting chiefly of Virginia slid Ken
tricky Leaf, and at prices showing no decline on our previ-
ous quotations. The position of the market has scarcely
been affected by monetary affairs, or the general depression
in nearly all descriptions of produce, and the principal
holders have shown no disposition to press sales. Advices
from Richmond, Virginia, up to the 14th ultimo, state a
further advance on good and fine sorts, and that 450 hhds
were all that remained in first. hands ; at New Orleans a
slight decline had been experienced, especially in or linary
sorts. No change has yet been effected relative to the
increased rent charges on Tobacco, but every exertion is
being used to induce the Government and the Dock Com-
panies to adopt an arrangement on an equitable basis.
At the Swan Hotel, Wolverhampton, yesterday,
a meeting was held of ere litors—numbering from
250 to 300—of Messrs. W. Riley and Son, iron-
masters, Bilston. C. Shaw, Esq., chairman of the
Birmingham Banking Company, presided. Mr.
James, of the firm of Knight and James, solicitors,
and Mr. Charles Brown, solicitor, of Bilston,
appeared for the insolvents The balance-sheet
produced showed total liabilities to be 240,000/.,
and the total assets at 80,0001. Mr. James stated
the nature of the bankrupts' proposal. After a
lengthened discussion, resolution were passed to
the following effect ;—A composition of 7s. 6d. in
the pound was accepted, subject to the opinion of
a committee of inspectors as to whether the estate
could not realise a larger dividend. An instalment
of ls. 3d in tho pound to be paid in six weeks ; a
second Is. 3d. in six weeks ; anal the remaining
instalments to be paid as Mr. James stated, the
two latter to be guaranteed. Several gentlemen,
who are.creditors, consented to act as inspectors.
It was mentioned this morning that fully a mil-
lion in specie is now due, or nearly so, from various
quarters. The telegraphic advices received from
Alexandria state that the Suffolk sailed from Mel-
bourne for London on the 3rd of October, with
the additional and important sum of 112,446
ounces of gold, or about 450,000/. This vessel has
been nearly two months at sea.
It is stated that the position of the Bank of
France continues to improve. The stock of coin
and bullion which was set down at 7,581,000/ in
the last return, is alleged to have risen to 8,240,000/
and a large amount of bills matured at the Bank
on Monday (the 30th Nov.)
At Hamburg, owing to the monetary panic, prices
of Stocks and. Shares axe merely nominal.
According to a telegraph from Frankfort, there is
a probability of the rate of discount being immedi-
ately reduced to five per cent.

LIVERPOOL COTTON MARKET.—DEc 2.
There has been a rather quicker market filt• cotton to-day, but
without material change in price. The sales—including 100 Per-
nambuco at 7i 1 to nd, 500 Bahia at Gad, 50 Egyptian at 84d to 91,
and 500 Snrat at 31 1 to bid—are reported 5,000 bales, of which 1,000
are on speculation and for export.
AGRICULTURAL PRODUCE MARKET.—DEc. 2.
•

---- ---
Per stone, 20Ibs, Per 901145. s. d. s. d.
s. d.' s. 11. Potatoes, Seedlings 310 to 4 0
Bay, 01d...... 0 7 to 0 71 Ditto, Kemps .... 4 4 to 4 8
Ditto, new.. 0 6 to 0 7 Ditto, Whiterocks. 3 3 to 3 5
Ditto, clover 0 61 to 0 7 Ditto, Balshaws .. 3 2 to 3 3
Green Clover 0 0 to 0 0 Ditto, B. Farmers 0 0 Le 0 0
Grass 0 0 to u o,Ditto. cattle 0 0 to 0 0
Straw, wheat 0 3 to 0 311 l'er ton.
Ditto, oat
Ditto, barley .... 0 2 to 0 21 Carrots 24 u to 27 0
Oats, in straw .... oVto 0 u !dangle wurzel o'.to 0 0
'Manure 5 0 to 6 6

LIVERPOOL PRODUCE MARKET—Dec. 2.
Sunas.—Rather nio'e inquiry has appeared, and full prices have
been realised. 150 hhds and tierces indirect Barbadses are reported
at 35s 6d to 375, 190 hhds Antigua at 41s, 4,600 bags Manilla, price
nut transpired, 4,300 bags Pern ma and Paraiba at 19s to 19s 6d, 1,650
bags Bahia at 20s Gd, and a small lot of Ceara at 24s 6d per cwt.
COFFEE.-80 bags of Rio have realised 4,,s to 44s per cwt.
SAFTLoWEa.—The sellers of Bengal refused to accept the present

At LEWIS & COMPANY'S, Ranelagh-street.
BOYS are CLOTHED from the Ages of Six to Twenty Years,

reduced rates, and only a few bales of damaged were sold at £l2 103
per cwt.
_. _

Motasszs.-1,100 barrels of indirect Cuba have been disposed of
at 14s to 14s 3d per cwt.
Run[.—Nothing has taken place in this article.
RICE.—The sales consist of 2,800 bees Bengal, at lOs 6d per cwt.
SALTPETEE.-150 bags have been placed at 34s per cvv. fur 17 per
cent. refraction.
Isinzeo.-10 chests of Crude have been placed at 3s 9d to 4s per lb.
Lac DYE.-30 chests went off at 714 to 9d per lb. .-
COC BNIEA L.-1 5 serons of silver at 3s 3d to 3s 6d per lb.
GUM.-6 barrels of sifted at 29s per cwt.
SAG() Fcona.-60 bags of damaged realised 153 per cwt.
Loowoon.-30 tons of Jamaica want off at £3 Iss per ton.

MANCHESTER TRADE REPORT.—DEc. 2.
We have not much to notice in our market. The late demand is
supplied, and prices of Toth goods and yarns are nominal.