Northern Times.
Liverpool, Merseyside, England, 1857-10-05 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL., Saturday Evening

There was a little demand for Cotton to-day, and
although holders supply the market pretty freely.
pri-es show a slight advance--s2y 1-161 higher
than yesterday The stiles were about 10 000 hales,
including 2,000 on speeuntion and for export.

The Liverpool Share Market opened dull and
lower to-day, and very little business was done'
durite, the morning. At the close, however, there
was a firmer tone and a siight improvement.. The.
following were - the day's transactions.: -Bir-
kenhead, Lancashire, and Cheshire, 65} ; Black-
burn, 671-; Celedonian, 424, 42:1, ; Lancashire and
Yorkshire, 964-; London and North Western, 97'1;
Manchester, Sheffield, and Lincolnshire, 41,
41; - Midland, 821. 83, 83f -; North Eastern,
233; Dave-s, 191 19 13-16, 101, ; Grand 'Trunk
or Canada. 11 -5 16. 111, 11t ; Great; Western
of Ca inch, 011 ; North Union, A 220. The
following" we7e the closing priees.:
71, Si Chester and Birkenhead, 654 G 6 ; Cale-
d 421 421 ; Cheater end Holyhead, 168
151; Eastern uounties. 111. 111; East Lan-
cashire, 92, 921; do. 91 shares, 3, 9-16 rr ; Great
Northern, 24, 24,1; do. A shares, 11, 111:- Grreirt
Western. 64t. 544 ; Lancashire and lorkshire
Stock, 961, 901; do. 91. shares, 4. 8 p ; Liverpool.
Crosby, and Southport, 18,3, 188; London
and North -Western, 971. 971; Manchester, She-
field, and Lincolnshire, 40, 101; Midland Stock,
83. • 831 ; North British, 12, 128 ; North
Staffardshire, 4,4, 4d ; North Eastern-Berwick,
23, 231 ; York and North Midland, 39, 391 ;
Leeds Capital Stock, 24f, 243 ; S luth Eastern
and Dover, 19 19 3 16 ; Scottish North Eastern,
11, 12; Buffalo and Lake Huron, 5f 51- rt ; do: new
Shares, sf, d ; Dutch Rhenish, 33, 31. ; Great.
Western of Canada, 2U, 21 y ; do. new shares,
I, ' p; Great Luxembourg, EL 6 ; Grand Trunk
of Canada, 111 111
The weekly fratiic Returns, received up to this
afternoon, are as follows:-Bedale and Leburn
1271; 1321 fast and Ballymena 1,263'; Biikenhead,
Lancashire, an 1 Cheshire 28 701; Bristol
and Exeter 7,037/ ; C tledonian 14 5721; Cheker
and Holyhead 7,6081; Cork nod Bandon
3011; Cork, Blackrock, and-Passage 2931; Deeside
2551; Dublin and . Belfast Janctien 1;4551;
Dundee, Perth, and Aberdeen Junction 1,1121;
Dundalk and Enniskillen 5771; Dublin and Dreg
heda 1,6331; Dublin andWicklow and and
Kingstown, 2 034/ ; East Anglian 1,0871; Eastern
Counties and Eastern Union 27,2691; East Lanca-
shire 7,0531; Edinburgh and Gr'aigow and South
Dunferm'ine 6,3851; Edinburgh, Perth, and Dundee
3,4791; Glasgow and South Wi stern 6 990/ ;.Great
North of Sebtland 1,2711; Great Northern 28 3741;
Great Sol: h. rn and Western 7,7921; Great Western
31,5021; Keudal and Windermere 3681; Lancaster
and Carlisle 7,3631; Lancashire and Yorkshire
26.5311; .Llnuelly Railway and Dick 5401;
London and Blackwall 1,5231; :London, Brighton,
and South • Coast 18,472/; London and North
Western 67,5161; L nidon and South Western
16 533/ ; London,' Tilbury, and Sonthendel,s2o/ ;
Manchester, Sheffield, and Lincolnshire 11,682/;
Manchester, S flith Junction and Al trinchatn 1,5441;
Maryport finti Carlisle 1,077/ ;. Midland 35 6351;
Midland Great Western 3,815/ ; Newcastle end
Carlisle 3 6651 ;. NOrth British 5,575/ ; North
Eastern 39,6271; North Staff.)rdshire Railway
and Canal 8,1921;, North Western 1.0611; Oxford,
Worcester, and Wolverhampton 4,8821; St. H. len's
Canal and Railway 1,7001 ; Shrewsbury and
mingham 2,247/ ; Shrewsbury and Chester 3,6131;
Shrewsbury and Hereford 1,6351; Scottish Central
3,1301; Scottish North Eastern, (late Aber.
deen) 3.7681; South D.'von 3,0481; South
Eastern 23.3601; South York and River Du-1
3,4481; South Wales' 8,2761; Taff Vale 44191;
Ulster 1,6461; Vale of Neath 1,827/; Warrineton
and Stockport 392/; Waterford and Kilkenny 3781;
Waterford and Limerick 1 3101; West Hartlepool
Harbour and Railway 3.653; Whitehaven and
Furness 4531; Whitehaven Junction 4691; Bo ffilo
and Lake Huron 919/; Dutch Rhenish 3,4261;
Eastern of France (late Paris and Strasburg)
44 2541; Grand Trunk of Canada 9 9841; Great
Luxembourg 1,1251; Great Westera of Canada
10,7071 ;North of France 45,0211; Orleans, Bordeaux
and Branches 46,2221; Paris arid Lyons 41,017/ ;
Sambre and Meuse 1,200/; Western and North
Western 38,4511.

There was a heavy demand for money to-lay,
the bills due on the 4..4 being payable. Less
pressure, however, than yesterday, was noticeab'e
the greater part of the preparations having been
made. It is satisfactory to find that the engage-
ments, as a whole, have matured, and have been
'well paid, no metropolitan suspensions of conse-
quence having occurred. One of Manche3rer is
reported in the silk trade, the liabilities having
been represented at 40,0001 Monday als ) will be
a heavy bill day, the acceptances becoming due
being again considerable. The Bankers' Circular
of to-day makes the' following remarks upon' the
state of the Money Market :

Today the payments due on the 4th became payable,
and a.e reported to be exceelingly heavy in amount,
which acorn's for the very active demand for money
during the last ten days The payment of balances due
to the Treasury has also increased the pressure fir accom-
modation, and the priva'e securities of the Bat k up to the
26th ult amounted to nearly .E 20,001,000 Teese ci,eutn-
stances were fully anticipated by persons who hal carefully
watched the prospects of the money market independently
of speculation : and the anticipations of an easier ste.:e
that were so sanguinely entertained, are now vanishing
before the appearance of sobsr truths. The affairs of
India are now beginning to b 3 regarded as a fact that
cannot he ignored: and as he finances of that, cauctry
must be totally disoganised by the rebellion, the means
for its subjugation must be provided for in this country,
-sooner or later; and any concealment of the course which
the Govern vent intend to take to provide for this diffieully
will only increase its pressure upon toc resources both in
this country and in India. It would, indeed, be trifling
with the best interests of the nation to refer the preparation
which ought to be made for this great' emergency. The
financial condition of India in a tame of peace is anything
but gratifyi g, exhibiting as it does a deficit from year to
'ear. How then, we ak, can the exTrairdln try demands
now made upon the. Indian Government be met from such
a source ? The only sure course to alopt is, to coma
forward at once with an estimate of the cost, a-. d to co:Aract
a loan for the amount in London. If India 14 to be suvel
to this country, the finds must be raised in England ; if
India can be made to pay the interest, so much the better.
In the face of such an etnegincy, why should we linger
on, and throw a gloom over. every interest of •he United
Kingdom by indecision and uneerainty ? Let ns know
the cost of our undertaking. and the country will rise in
.
streng h equal to the einergeney..

Iu the market for the Public" Funds and Seen.
rities to-day, the business dono. was very triflin'l,
and the variation in prices did not exc. ed 1-16 per
cent. The public assist to a very limited extent,
as they lid it more retnunerativi to employ their
surplus means in the Discount Market, where high
rites or interest are otrored for depnsits. Consols
f Nl.,nev close 190 to 911,-an,l for the Ac.;out.-t at.
001, to 9C and Exchequ,n• Bills 1) to I,dis.
The following list shows the fluctuations in
Consols du:iog the past week :

Lowe 3t iligheA Clo&ng
p- i ces. prices. pri es.
Monday -Money ... . 891 • 9 * 89i
Account ...89Z 90.7: 90A.
Tuesday - - Mnn.y ... . 894 £.04 89i
r Account . ... 904 901
4 90,r
WednesElay Mosey .. . . 891 901 !Ot
Act oust .. ..9t) 9O 90=4
Mon-y .... 90k • 9 )I-' ' -904
Acc )(int ..,..91 . 9Of 904:
Money ~.. 91- - 90 901
•A!de.(.nnt .....90-k, 9 )4 90i
Saturday Money ...... ,90 ' 90k 99k
Account -7- 9.
90i ...
• .. 14 90

Thursday

Fi iday

In the London Shore Mtiiket the sales were but
few to-day, and prices were generally a shade
lower. The .foLowing were the clOsing prices :
Ambergare, Nottingham, Boston, and Easter!)
Junction, 5. 51; Bristol and , Exeter, 86, 87';
Caledonian, 85, 853; Chester and ,:fin!yhea !,
35; East Anaari, lA, 201; Eastern Counties, 54 ,
67i ; East Kent, 17, 18 ; Edinburgh and Glasgow
623, 633; Edinburfth, Perth, and Dundee. .9.`33.
2d i
Great Northern, 97k, (area: Western, 34i, 55;
Lancaster anti Ca)lisl• , 73, 76; Lancashire and
Yorkshire, 96, 96i ; London and Blackwall, 53, 5a ;
.London, Brighton, and South Coast. 102, 103 ;
London and North Western, 97, 973 ; London and
South Western, 90, 91; Manchester, Sheffield, and
Lincolnshire, 40k, 41 ; Midland, 824. 831; Midland,