Northern Times.
Liverpool, Merseyside, England, 1859-11-28 00:00:00

MONETARY AND COMMERCIAL.

Nnw Tome, N0v.15.
The Money Market is not materially afected by the
diffictrities, to which we shall . allude immediately.
We have heard, says the lourne of Comiti:rce, 'for the
last day or two some rumours connected with the opera-
tions of the Kereosone Oil Company of this city, but
have been unable to obLain the •particulars until-to-day.
I. appears that certain parties, some of whom arc well
known persons of wealth, undertook the erection of-build-
ings for the Oil Company,-in Brooklyn, and the-contracts
for the scotch coal that furnishes the raw material from
which the oil is extracted. The joint paper of these gen-
tlemen has been somewhat abundant during the'hust few
weeks, the buildings in Brooklyn costing nearly $400,000,
and the-contracts for coal reaching.nearly as much more.
In spite of their means and credit, the drawers have
been unable to meet this paper fts,it matured, and it has
at last gone to protest. The names involved are Messrs.
L. Delmonico, (the well-known hotel keeper, supposed
to be worth nearly a million of dollars,) Philo T.
Ruggles, lEagle and Hazard, and David Austen, jun.
We believe that the drawers only ask an extension, and
feel quite sanguine about the ultimate success of their
operations. The- Kereosone Oil Company is . not
involved in the protest, although the joint obligations
under protest were undoubtedly issued to facilitate its
operations, and the company will•continne the regular
manufacture and supply of oil as heretofore.
The tenor of the Foreign Exchange Market is quite
as favourable as reported at the close of last week. The
bank, statement indicates no great -strength in specie,
while an .expansive action has taken place in loans..
The Share Msirket was dull to-day, and general lii4i-
ness offered no topics for remark. ,
ASHES are unchanged, with sales of 50 bbls at $5
121 c. for pots, aud $5 26c. for pearls.
BREA.DSTUFFS,--The market for State and Western
Flour is dull, and prices have receded Sc. per bbl; the
demand is chiefly to supply the wants of the home trade,
there being but little speculative or export inquiry.
The sales are 11,000 bbls, part last evening at $4 90e. to
$6 for superfine State; $5 sc. to $6 15c. for extra State ;
$5 to $5 10c, for superfine Michigan, Indiana, Ohio, lowa,
84c., and $5 20c. to k 6 35e. for extra dittorincluding
shipping, brands of round hoop Ohio at $5 40c. to $5 60c.,
Southern -flour is in moderate request and steady, with
sales of 2,100 bbls., part last evening, at $5 50c. to
$5 65c. for superfine . Baltimore, $5 75c. to -$6 25c. for
extra do., 45 90c. to $6 for Brandywine, $5 75e. to $6 25c.
for Georgetown, $6 ,sc. to $7 for Petersburg City,
$6 50c. to $7 25c. for Richmond 'City, and $8 25c. for
Gallego and Haxall. Candian flour is dull, with sales of 280
bbls. at $5 .35c. to $6 25c. for the range of extra brands.
COTTON is quiet and unchanged. .
PnovrsioN.s.-pork quiet, but mess is a little, firmer,
while prime is unchanged. The sales are 450 bbls. at
$l5 10c. for mess, $l5 50c. for prime mess ; $l7 for
clear, and $lO 50c. for prime. Dressed are firmer and
scarce ; holders are asking 4-to 7i for heavy corn-fed,
but these sales are considered above' packers' views.
Beef is steady, with a fair inquiry; the sales are at $5
for old country mess ; $5 25c. for new do. ; $4 for
old country prime ; $4 25c. for new do. ; $5 to $8 50c.
for old re-packed Chicago ; $9 to $9 75c. for new
do., and $lO 50c. to sll' for extra mess, Beef hams
are dull at $l4 to $l4 50e. for -Western, and $l2 for
State. Bacon is dull, and without further movement to
notice. Cut meats arc nominal for dry salted. ; Green
hams are selling at 81 to 81 for legs ; shoulders
at 6t to 61. Prime Mess Beef is quiet, at $l7 to $l9
for Chicago and Cleveland, and India Mess at $22.
Lard is quiet forlots on the spot, but for future delivery
there is a fair demand, at previous rates ; the sales are
2,325 brls and tcs., at 10i to 11 for No. 1 to prime new
and old. Included in the sales, are. 2,000 pkgs. prime
Western, for future delivery; the particular months we
are requested tpt to print, at 101. Btltter is quiet.
Cheese is steady.. .

WHISKEY is quiet, with sales of 300 bris., at 27k.

COTTON.
1, • -

(Frpna Afessrs. Wright 4 Co.'s Circular, 15.)
We have had a very fair demand for cotton on the
spot, in store, on the wharf, and to arrive, at steady
prices: Our domestic spinner's are buying a much'
better grade of cotton this 'year than usual, and take it
at current rates with confidence. 'Some little is, doing
for export to Liverpool, Havre, and other Continental
port's. OUr stock ;18 small, and the sales are chiefly
made on the dock and. to arrive. The market closed
yesterday firmly, with a tendency to harden after the
receipt of the correspondence per Asia. The sale for
the week have been 4,500 bales, and.the clearances for
Liverpool 690:; Havre, 527 ; Bremen, 174 ; Antwerp,
59. Total, 1?450 bales.
CorroN IN TRANSITU has been more active, at steady
prices, and there are more buyers. Holders are thin,
but sell freely when fair prices can be obtained. The
business, which for .the week has amounted to 8,000
bales, . has been on the following basis .7—From New.
Orleans with freight at 9.:16d. ; strict middling, 11p,

: middling; 1113. to 11 5-16c.'; low middling,
Ile. Proin Mobile, dame freight, strict middling, ;
middling, llic.-•tO 11 c. ; low middling, lle. yery
little Upland Cotton has been sold; indeed, the quantity
here is by no means large.
SOUTAERN MARKETS,—The business advised by mail
is 'given in detail. By telegraph We learn that for the .
endingek on Friday last, a good demand existed,
and large sales were made at a slight improvement in '
price. In New Orleans alone over 140,000 bales have
been sold during the last.few weeks, a fair amount being
for. England, but a larger proportion .than for some
weeks previously for France, the Coutinent.of Europe,,
and our Northern manufacturers. From both Mobile
and New Orleans we continue to hear of the 'difficulty of
getting good selections of even running Middling'and-
the higher qualities, and the great abundance of Ordi-
naryto Good Ordinary grades. In. the Atlantic ports
the qualityof the more recent receipts is much improved,
the staple better, and the cotton free, or nearly so, from
dust or said.

SANDY COTTON.—By reference to the New Orleans •
Price Current, of sth Nov., it will be found that a meet--
ing had been held by some of the merchants and brokers
on this subject; a paper was. drawn up with resolutions,
4c, This was to be, left open for signatures until 19th
instant, and it would then depend upon.liew Many were
willing to ~come..to au understanding, whether pr not.
sandy cotton, should be pronounced unmerchantable, and
treated us such. . The complaints are as loud as ever
about dust and sand, and the evil, we .fear, has pro-
gressed too far to expect a change in this crop. We
would again call-. Upon the consumer to refuse to buy any
cotton with dust or ,saud, as the only means whereby, a,
stop may be put to this careless and culpable manner of
ginning and preparing cotton for market.
.A present
slight loss would, next year and, thereafter, be an im-
mense gain. . .
FREIGHT—To Liverpool, 3-16 d per lb., and to
Havre, ie.
EXCHANGES--On London, 1094 to 110 per cent., and
on Paris; 0..12i to 5.131 •

THE LATEST.
(By Telegraph, Via Halifax.)
N.BIV Yenx, November 17, Evening..—The steamer
New York, from Southampton, has arrived at this port.
The anxiety which prevailed at the closing of the mails,
concerning the California steamer North Star, has been
allayed by the .announcement that the vessel ran on
French reefs, and remained there for a week., when she
was got off and proceeded for Aspinwall. The cotton
sales for the past two days foot up 5,500 bales.
Priors are easier, but without any quotable change.
Middling Uplands is called. 111 .cents. Breadstuffs
have a declining: tendency; :and Wheat -is 1 to 2 cents
per bushel cheaper,.. but Flour and Corn are
scarcely lower. Beef. and Pork are without any essen-
tial change. The Stoek Exchange is heavy in tone, and
the leading securities generally show a slight decline in
prices. Messrs. Neill Brothers and .Ce. report under
-this date that the Southern Cotton Markets:are rather
'easier, and that the weather continued excellent for
picking: This market they report aneth easier, . .
NEW ORLMINS, Nov. 16.—The sales of Cotton
to-day were 9,600 bales, . prices showing no variation ;
middling, 10i.to 114.

LIST OF, PASSENGERS EY THE ROYAL MAIL STEAM-
AMEIIICA.---Miss Ellen Caldwell, Mr. J. M'lnnes,
Mr. J. W. Cochiane, Mr. F. A. Lovering, Miss Lover-
ing, Miss J. Layering, Miss--S. :Lovering, Mr. George
G: Ellis, Mr. Charles Dolan, 'Mr. Henry Waite and
brother,' Capt. J. Hamilton, Mr. E. S. Norris, Mr.
Henry Holyoke, 'Mr. Edward Martly, Mr. D. Lane,
Mr. John Welsh, :Mr. Josiah Graham, Mr. G. 0. Gun-
narais, Mr. F. C. Bradlg,' Capt. S. Billings,• Mr.. Julius
ThoMpson, Mrs.. Thompson, Mr. D. Stirratt,' Mrs.
Lovering's maid, Mr. H. Audhert, Mr. B. R. Bayley, Miss
Louisa J. Souli, Mr. R. H. Crittenden, Mr. S. Levy, Mr.
John C. Dillon ; .Mr. Wm. Long, Capt. John Hardy,
Mr. Wm. White,sconsul passengers ; Mr. Wm. Blown,
Mr. John Best, .Mr. Alexander Scott and lady, Mr.
Alfred Stone, Capt. Chancellor, Mrs. liempall, Miss
Sayer, Mr. P. M. Woodland, Mr. John Rillam, Mr.
Duchesne, Mr. Joshua Tyas, Mr. A. S. Hodge, Mr. J.
Marshall and lady.

LOCAL INTELLIGENCE.