The Northern Daily Times.
Liverpool, Merseyside, England, 1857-02-24 00:00:00

186,415

86,003

The Liverpool Share Market was not so firm
today, and the business done was but small at a
decline in prices compared with those current on
Saturday. The transactions were as follows .
Birkenhead, Lancashire, and Cheshire, 691 ;
Eastern Counties, 10 ; East Lancashire, ;
Lancashire and Yorkshire, 991 ; Lancaster and
Preston, I shares, 214-; Manchester, Sheffield and
Lincoln, -354 ; Midland, 83'4,1; North Eastern, 22,
; York Capital Stock, 32 ; Dovers, 228, 3, 28, 3 ;
Grand Trunk of Canada., 121; Now ‘-ti-ok, Erie,
3rd mortg., 83, 33p. ; Liverpool Borough Bank, ;
Liverpool Royal Bank, 393 ; Liverpool and Lon-
don Fire and Life, 71p ; Royal Insurance, 2p ;
and Lancashire do , par.
The Money Market remains firm, and rates of
discount are not charged, but on the .whole the
public are now taking a more favourable view of the
future probable course of affairs. The financial
condition of the country is satisfactory, the war
expenditure, as shown by the Army and Navy
Estimates, is almost at an end. Foreign Money
Markets are improving, and the pressure here has
somewhat relaxed, consequently there is good cause
to presume that a gradual recovery may be antici-
pated here. On the other hand, however, several
contingencies may arise to militate against an
amelioration, as the spirit of enterprise, which is
still apparent, is likely to lead to a further extensive
diversion of capital from its usual channels of
circulation.
The Market for the Public Funds and Securities
to-day opened very firmly, and rather better prices
were current. Afterwards, however, a reaction set
in, and the prices declined to the standard of
Saturday. Consols had been as high as 94 to C 44,
but closed at 931 to 931 for money, and 931 to 94
for the account. The latest quotations were 93i
to 93. Exchequer Bills were quoted at par to 3
premium, and New Three per Cents. at 941 to 94!

The London Railway Share Market was very
quiet to day, and but few sales were effected. The
Market closed firmly for Leeds, Midlands, and
Caledonians. The following are the closing
prices : - Ambergate, Nottingham, and East
Junction, 4,4, 44 ; Caledonian, 664, 671 ; Edinburgh
and Glasgow, 56, 57 ; Eastern Counties, 10 5 16,
10 7-16 ; East Lancashire, 97, 99 ; Great Northern,
924, 93; Do. A, 79, 81 ; Great Western, 681, 681 ;
Lancashire and Yorkshire, 994, 100 ; Leeds
Northern, 194, 194 ; London and North. Western,
1081, 1084; London and South Western, 105, 105*;
Manchester, Sheffield, and Lincolnshire, 354, 361;
Midland Stock, 83,?, 84; North British, 43, 44 ;
South Eastern and 4 Dover, 764,
.77 ; York, New-
castle and Berwick, 88, 89 ; York and North
Midland, 64, 641 ; Bank Stock, 218, 220 ; Grand
Trunk, 124, 124; Great Western of Canada, 254,
251 ; Do., New, 2 1516, 3 146 ; Great
Southern and \Vestern, 111, 113; Mexicans, ;
Scottish North Eastern, Aberdeen, 261, 274,
The business done after official hours was at the
undertnentioned prices :-Caledonian, 67, 071;
Eastern Conntico, 10 5-16, 10 7-16 ; East Lanca-
shire, 97*, 981; Great Northern, 924, 92'4 ; Da. A,
80, 81 ; Great Western, 64-, 68i1 • Laneft.hi,..
Yorkshire. 994. 100: London and North Western,
1084, 1084; Manchester, Sheffield, and -Lincoln-
shire, 36, 361 ; Midland Stock, 834, 84 ; North
British, 434, 44; South Eastern and Dover, 764,
764; York, Newcastle, and Berwick, 88, 89; York
and North Midland, 64, 644.

capital of 410,0001. would he found sufficient to
accomplish the objects contained in the prospectus.
The outlay of the company hitherto has been
220,451/. 3s 9d.

Toe Ocean Chief arrived here this (Monday
naorniet:7, with M,-I:ent;eie i]a.te‘-; to the Zed Deceit).
ly.e• The Como-levee of the Celoi'y continued in n
healthy cooditioa in one respect—the ability of
the Colony to pay, in produce, for the goods which
at present have to he imported to meet the con-
sumption of the people. Up to the Ist December
the value of the articles imported amounted,
according to Customs returns, to 11,812,4071., while
the exports amounted to 13,835,1781., showing a
balance of trade in favour of the colony for the
period referred to of 2,022,171. The satisfactory
state of the colonial ledger is not, however, quite
equal to that of last year; for then with a less
import and export trade the balance in favour of
the Colony was greater. The general aspect of
commercial affairs was decidedly encourag
ing. Stocks were ample, and expected im
ports large, but consumption was daily in
creasing, and the average resources of the
population greater than cwr. Money was
to be had on easier terms than for two
years past ; and first-class bills passed current
at 7 per cent. This indicates both abundance of
money and the restoration of confidence. Property
was improving. Employment for the able bodied
and industrious was increising, and the general
imp ession was more hopeful thaa had been since
1853. Nothing of moment had occurred in the
gold fields. The advent of the summer had been
accompanied by the usual migration from the dry
to the wet localities, and the Chinese had shifted
their quarters in vast numbers from Bendigo to
the Ovens. At Ballarat, Castlemaine, Sandhurst,
and Beechworth, the diggers were steadily prose-
outing their labours with very gratifying results.
The markets kept pretty steady. Flour was held
at 211 to 221 for Adelaide. Speculators were looking
for an advance. Wool had been in steady request,
and at public auction Fleece Wools fetched from
17d to 21d, and scoured as high as 20d to 22d per
lb. The Geelong and Melbourne Railway was ra-
pidly approaching completion, and would soon be
opened. The electric telegraph between Melbourne
and Ballarat would be ready for working in a few
days. There had been a great demand for
gold for shipment, and the price had risen
considerably in consequence. About the
20th of November the prices were 76s 3d to
77s 9d; but on the 28th, on account of the expected
departure of the " Ocean Chief," the demand in-
creased, and as much as 76s 6d to 78s 3d were
paid, a higher figure than we have been able to
give for some time. The Ocean Chief brought
72,312 ounces of gold, and the Blackwall, which
sailed in company, 80,647 ounces. The total
exports of gold from the lst of January to
the Ist of December, was 2,786,029 ounces, or
116 tons, 2 cwt., I qr., 101bs. and 9 ounces,
at 80s, making a total value of 11,144,116/.

Commerrtal Intelligence.

LIVERPOOL COTTON MARKET.-FE6: 23

Ihe cotton market to day has been quiet but steady,
the demand has been moderate, and prices are without
change. The sales—including 100 Pernambucos 7il to
93, 60 Bahias 'lid to sad, 200 Egyptians: Sid to 91d, 1,.500
Surats 5d to 5/3—are reported 6,000 bales, of which 1,000
are on speculation and for export.

LIVERPOOL PRODUCE MARKET.-FEB. 23

SUGAR : There has been an improved demand, and a
larger business done, the sees comprising 780 Mids.
Demerara from 48s 64 to 51s ; 2,700 bags Madras, part
from the quay, at 44s 6cl ; 310 cases Bahia, in bond, at
35s 3d to 35s 6d for good brown to ordinary white ; and
400 bags Ceara at 49s 3d to 52s per cwt. duty paid.
MOLASSES : Nothing has occurred.
Rum: 100 puncheons Demerara have realised previous
rates.

COFFEE : 130 bags Rio are reported at 48s 6d per cwt.,
and a small cargo afloat, for the Continent, of which the
has Tint • ••*”.,."-1
nrHICE : 11,000 bags Bengal have changed hands at
103 lid per cwt.
NIGER SEED : At auction, 660 bags realised 48s.
GINGELLY : A small lot sold at 70s per quarter.

AGRICULTURAL PRODUCE MARKET.—FEB. 23.
Per stone, 201bs. j Per gOlhs. s. d. s. d.
s. d. s. (14 Potatoes, Seedlings 4 0 to 4 2
Hay, 01d...... 0 6i to 0 8' Ditto, Kemps 4 0 to 4 4
Ditto, new.. 0 0 to 0 o;Ditto, Whiterocks. 3 6 to 3 g
Ditto, clover 0 6 to 0 7,Ditto, Balshaws .. 3 6 to 3 8
Green Clover 0 0 to 0 0' Ditto, Beldrums .. 3 0 to 3 3
Vetches 0 0 to 0 o:Ditto, cattle 0 0 to 0 0
Straw, wheat .. 0 2i to 0 3} Per ton.
Ditto, oat ........ 0 2i to 0 3 Turnips 24 0 to 25 6
Ditto, barley .... 0 24 to 0 ('Carrots
Oats, in straw 0 0 to 0 01M angle wurcei 24 to 0 0
IManure 5 6 to 7 6

We perceive that the Directors of the London
and North Western Railway have issued a notice
to the effect that in consequence of the change in
the rate of discount from 51- to 6 per cent., the
issue of the dividend warrants have been deferred
to the sth of March
In the General Pfoduce Markets a fair business
continues to be transacted, at firm prices. Sugar
is in better request, and large sales were made on
both Saturday and to day. Rum and Coffee are
in fair request. Of Rice alone, to day, 11,000 bags
changed hands, at lOs 71d per cwt. for Bengal.
A certain degree of dulness pervades the Bread-
stuff trade. At the various markets held to-day,
sales were very slow, and the prices of last week
were hardly maintained. The London Market was
quiet, but, on the whole, rather steady.
Our advices from the north of Ireland are Very
satisfactory. We have still, to report ample
employment in every branch of industry, and even
for unskilled labourers there are few idle who are
willing to work. A writer in a Belfast- paper
contrasts the condition of the working classes there
with those of other large ttowns on this side the
channel, and shows that there is a vast difference
between the condition of the two, that of the Irish
being immeasurably superior. In Belfast, and
throughout Ulster generally, industrial distress is
unknown, and the empirical nostrums of political
agitators meet with little or no acceptance among
the ranks of the working community. The Linen
trade has been marked by a fair share of activity
in the several departments of the staple white
Linens, especially the fine sorts, have much di-
minished in stocks, and the demand has been
fair. In browns, the demand for the coarser
qualities remains brisk, and full prices are
reali4ed ; The finer sorts are not so much looked
after, but naanufactnrers are not willing to submit
to lower rates. At Ballymena, on Saturday, the
supply was up to average, and the rates for
medium and low priced goods continued
firm, with a pretty active . demand. The
market at Armagh, on Tuesday, was smaller
than usual ; fine goods were quiet, but for other
descriptions the demand was very good, at full
prices. At Lurgan, on Friday, the priCes were also
firm, and the supply fair. The exports of thread
and linen for the week are 1,935 pkgs., principally
to England. yarns still maintain the late advance,
but operations have been checked, and sales have
not been effected to any considerable extent, as
compared with those previous to the increase in
prices. Coarse numbers, in both line and tow
Yarns, are scarce, without, however, any change in
value. The export of Yarn last week was 317 bales,
and the import 239 bales. The markets for Flax
throughout the province this week have been
marked by easier prices, owing probably
to the increased quantities brought forward. In
the markets of the Belfast district prices are quoted
at bs 9il. to 7s Gd for handscatched, and 7s to 14s
for milled, per 16 lbs. In Derry, the quotations
are ;—Coarse milled 46s to 50s; middling, 61s to 555;
good, 56s to 60s; fine, 62s 6d to 70s; and hand-
scutched, 37s Gd to 45s per 124 lbs. Riga Flax is
very scarce and dear. The export of Flax for the
week is 191 tons, and the imports 422 tons. Riga
Flaxseed is quoted at 50s, 52s Gd, and 55s per brl
for prime, picked, and extra picked. The advanced
price in Holland, at latest dates received, were 87s
to 88s per hhd, and the rates ruling for Dutch in
this market are are 92s 6d to 955. The demand has
become more brisk, and prices are likely to advance.
A new project is announced under the title of
the London Investment Company (limited). The
object of this company is to " improve and extend
the principles " upon which the freehold land
and building societies have been founded. It is
contemplated to receive money on deposit at
interest, to advance money on mortgage, 40. The
proposed capital is 100,0001., subject to increase.
Upon the 101. shares only 21. is to be paid up,' it.
being contemplated to hereafter issue new shares.
The meeting of the Buffalo and Lake Huron
Railway Company was held to-day, The report
stated that the line was opened on the Ist Novem-
ber, since when the traffic had gradually increased
from 370/. weekly to 6701., in January last. The

THE NORTHERN TIMES.-LIVERPOOL, TUESDAY.

beasts ; Norfolk and Suffol
Northern and Midland Coun

Ik, 2,100; and 100 from the
ties.

Per stone of Blbs. s. d. P. e Per stone of Blbs. s. d. s. d
Best Scots, Herefords 4 8 4 10 Best Dns & Ilf-bredSh
Best Short-horny 4 4 4 8 Best Long-wools .... 5 4 5 6
,ecoad quality beasts 3 6 4 o Do. do. Shorn ....
Caivc
P' vs
4 4 5 41 Do. do. Shorn ....
t

Best f)ns Br, Ilf-brads 5 8 5 10!

Lamb:4

Beasts at market, 3.(R,7; sh,e
pigs,

and lambs, 14,530; calves, 73;

CORK BUTTER MARKET.-FEB. 23.

The supply at market to-day consisted of 300 kegs and
firkins, which sold well off at the following prices—Firsts,
192 s ; Seconds, 1188 ; Thirds, 107 s ; Fourths, 90s; and
Fifths, 80s per cwt.