Northern Times.
Liverpool, Merseyside, England, 1857-09-09 00:00:00

THE IiciRIITTERN TIMES.---LIVERPOOL, 'WEDNESDAY, SEPTEMBER 9, 1857.

short of eight d •
-e• ; in this time one engine with a loaded
iot) tons would run four times each way between
tli same points, and perform four times the eery:co of a
canal boat of like capacity in delivering freight on one
way, and eight times as much when loaded both ways.
Thus eight canal boats of 150 tons each, starting from
Buffalo at the same time, will deliver 1,200 tons at tide
water in etht days ; while eight freight trains can deliver
4 800 tons in the same time, taken from and left at the
same p3ints."

COMPETITION BETWEEN VESSELS OF LARGE AND SMALL
DIMENSIONS.

It also appears that a different class of..fessels have been
built for the trade of the lake.; out t of the
number of
propellers employed in the trade between Chicago and
Buffalo, registering 41,460 tons, varying from 300 to
950 tons, only 441:e3 tons can pass through the Welland
Canal.

MONETARY A.D COMMERCIAL.

livtkiinot., Tuesday Evening.

There is no
Cotton M apparent change in the tone of our
'Arket, which keeps buoyant at full prices
Tinle "..es to-day were about 10,000 bales, including
20C..6 on speculation and far export. -
The Liverpool Share Mallet was quiet all day,
at lower prices. At the close some firmness was
shown. After some variations, Caledonian's left
off at 414. The following were the day's transac-
tions:—Birkenhead, Lancashire, and Cheshire, 66k;
Caledonian, 413. 413. 413. 413, 411 ;' Eastern
Counties, 11 7-16; 111 ; London and North Western,
100 ; Midland, 81/ ; Manchester, Sheffield, and
Lincolnshire, 40j 403 ; North British, 123; Dovers,
213, 213, 21 3-16; North Union A, 219; Royal
Bank, Preference Shares, 107. The following were

the closing prices ;—Blackburn, 71, 8 ; Chester
and Birkenhead, 66, 661; Ceeionian, 41k, 411;
Chesfer and Holyhead, 17.-1-, 171; Eastern Counties,
111, xd 11 7-16 ; East Lancashire, 96k, 97
Do. 91. shares, I, 9-16 p ; Great Northern, 24,
241; Do. A, 11, 1 Great Western, 551, xd 56i;
Lancashire and Yorkshire Stock, 1001, 1001 ; Do.
91. shares, 1, 1 p; Liverpool, Crosby, and South-
port, 10, 194; London and North Western Stock,
100, xd 1001; Manchester, Sheffield, and Lin-
colnshire, 401, 41 ; Midland Stock, 811, xd 814.;
North British, 12k, xn 121; North Staffordshire,
41, 4 d; North Eastern—Berwick, 231, xi 23,1;
York and North Midland, 40, 40i; Leeds Capital
Stock, 258, 251; South Eastern and Dover, 211,
21 3-16; Scottish North Eastern, 12414 ; Buffalo
add Lake Huron, 41:, 4141 ; Do. New Shares, 4, 31 d ;
Dutch Rhenish, 3, 31 d ; Great Western of
Canada, 211, 211; Do. New Shares, a- 2 p ; 6reat
Luxembourg, 7, 71 ; Grand Trunk of Canada,
12 9.16, 12 11-16. . .

The demand for Money -continues pretty active,
yet no advance can be noticed in the rates of dis-
count. Pending the receipt of further news from
India, the Market for the Public Funds and Secu-
rities was very dull and inanimate to-day, and a
slight decline must be mentioned in the price of
Consols, which closed at the following rates :—For
Money, 90 to VOl, and for the Account at 901 to
91; and after official hours the former rates were
rather firmer, at 90 7-16 to 90 9-16 ; Exchequer
Bills sold at 9 to 1 dis., and the New Three per
Cents at 901 to 91a
The London Railway Share Market was influ-
enced by the state of the Funds to-day,
and prices generally show a decline of 1
to t p-er cent. The following were the closing
quotations :—Caledonian, 821, 821 ; Eastern
Counties, 11-B-, 111 ; East Lancashire, 96, 97; Great
Northern, 96, 96& ; Great Western, 551, 56; Lanca-
shire and Yorkshire, 1000001; Leedsforthern,sol,
5014 London and North Western, 1001 ; London
and South Western, 911 921; Manchester, Sheffield,
and Lincolnshire, 401 411 ; Midland Stock, 81i, 82 ;
North British, 49, 50 ; South Eastern and
Dover, 691; York, Newcastle, and Berwick,
93k, 91; York and North Midland, 80k.
After official hours the following were the
prices :—Caledonians, 83k ; Eastern Counties, 111,
111 ; East Lancashire, 961; Grand Trunk of
Canada, 561 ; Great Northern 961 ; Do. A, 87, 89;
London and North Western, 1001; Lancashire and
Yorkshire 100 t, 100 t; Manchester, Sheffield, and
Lincolnshire, 404. 41 ; Midlands 81i ; North
British, 49t, 50 ; York, Newcastle, and Berwick,
931, 941 ; York and North Midland, 80k.
The Grain Trade was rather more active to-day,
and Wheat and Flour exhibited an advancing
tendency in prices.
The Manchester Market was very active, but
irregular, to-day, the advance varying from 1.1 to
id per lb., according to numbers, with every
prospect of being dearer.
The Colonial Produce Markets here have been
quiet. The public sales of Jamaica Coffee to-day
went off with spirit, at prices varying from 643 61
to 110 s, according to mark and quality. Rice is in
more request at advancing rates, and other articles
bring full prices. At London the Sugar Market
has been unchanged, and Native Ceylon Coffee
brings 60s 61 to 625. Tea is quiet, common
Congau being worth is 21 per lb. Rice meets
more attention, at advanced rates, and Saltpetre is
held with firmness.
The following is the weekly report of the London
Tallow Market, which has just reached us.
There has been but little fluctuation in the Tallow
Market during the week. In the early part there was
considerable ir•quiry for late delivery, and as high as 6ls 6d
was paid for December delivery, and 60s 3d for the last
three months. The price, however, has since given way,
and on Saturday there were sellers at 60s 6d, for Decem-
ber. For immediate delivery, .623 91 has been paid, closing
on Saturday dull at this figure. The accounts from Sr.
Petersburg received by telegraph to-day quote Tallow dull
at 193 roubles. The exchange had again declined to 37/.
To-day the market is flat; 593 61 has been accepted for
the last three months, and 603 for December; 62s 6d for
this month's delivery : 62s 91 to 633 is p aid for Y. C. on
the spot; 63s for South American. No Austr.lian offer-
ing. 61s 3d town tallow net cash.
Sir W. B. O'Shaugnessy, Chief Superintendent
of Telegraphs in India, has written a letter, deny-
ing the statements put forth by the Gutta Percha
Company, that " large quantities of gutta percha
covered telegraph wire have been shipped to
various Indian ports, and never has the slightest
damage occurred." He says :
I regret much to be constrained to adduce facts at vari-
ance with this statement. In 1853 the East India Com-
pany sent out to India, in sailing vessels, 700 miles of
gutta percha covered wire, made by the company who
address you, and packed by them in solid deal rases. On
opening these cases in India, some weeks after arrival
in the cold season, and without any exposure in the
interval, it was ound that the copper wire had in
many places been force l through the gutta perches,
which bore evident mark•fiof softening by heat. We
farther found that a still more serious change had
taken place partially, and was in rapid progress, by which
the gutta percha became blade, broke off from the wire
whenever bent, and last all its insulating power. This
change had occurred within the unopened cases. , To save
as much as possible of the wire we coated about 200 miles
with tarrred yarn, and this arrested the change for a time.
Still, eventually we had to condemn as useless about 500
miles of the wire.
But he continues :
I wish it to be clearly uniers'ood that I c insider it
quite practicable to send cast the Atlantic cable, in suitable
vessels and with special appliances, without much risk
from the caush of injury above described. My object is
at present to warn those concerned not to seed it out in
the Agamemnon, or in ignorance of the facts described,
and neglecting the precautions these facts slggest. Fur-
ther, 1 see no diffiltl y in manufacturing a cable in which
the tendency to oxidation and spontaneous heating and the
influence of heat from external causes may be both effec-
taaily
The traffic returns of the Grand Trunk Railway

of Ca:lala, far the week ending August 15(h, show
a total receipt of 959 U, agqinst 51101, eorresNnding
week list year, being an increase of 41801.__

The following are the latest quotations of Foreign
Exchanges :—Amsterdam, short, 11 16 to 11 17;
do. three months, 11 19 to 11 193 ; Rotterdam,
do.,* 11 194 to 11 194 ; Antwerp, do., 25 35 to
25 40; Brussel?, do, 25 35 to 25 40 ; Hamburgb,
do., 13 Bto 13 82; Paris, short, 25 20 to 25 25 ;
do., three -months, 25 572 to 25 65; Marseilles, do.,
25 60 to 25 65 ; Frankfort, do., 119 i to 1191 ;
Vienna, do., 10 32 to 10 34 ; Trieste, do , 10 32 to
10 34; St. Petersburg, do., Ur: to 36; Madrid,
48.: to 49.
With reference to the silk market, the circular of
Mr. H. W. Eaton remarks :

Ttiouah to no very great extent, there has been a
decidedly improved business since the reports of the 7th
ultimo, and of a nature stro rgly indicative of the small
stocks is the hands of consumers, both here and on the
Continent, nearly all purchases being promptly cleared;
hence the continuance of large deliveries. Manufac:urers
sad confine themselves to their immediate requirements,
but importers have met them freely, the prices being now
for best classical silk 275, 2135, and 255, for Nos. 1,2, and
3 Tsatlees respectively—rates that should reasonably
attract business, considering that the cost of these silks
of the uew crop, by the last advices from China,
was Is to Is Gd per lb. higher than there quotations,
with every probability of a furtber advance on receipt of
our May and June mails. The other deseriptions of
Tsatlees v,Ary from 23s to 24s 6d ; the latter, including
some pareels; called No. 3 silk, but by no ertens up to the
proper standard. In Taysaams everything really good
and fine has I;een sold, and will be scarce for some time,
the early shipments of new silt always consisting I
chiefly of Tsatlees, Of the middling to common sorts
of Taysaama there 4 ample choicP, and they appear

comparP.,:ively cheap, selling from 2a 61 to 33 61 per 11):
tratier the highest p)int, and all descriptions of this silk
sheering a loss on the last quetations from China of 2s to
34 per lb. In Cantons there is not much doing at the
Moment, and in thro ails literally nothing. The new crop
of China silk is doub leas abundant, but any estimate of
total exports must be puraly speculative, such as the report
of 120,000 balls. .high prices will unquestionably do
much, but it is hardly prob2.ble, in the present relative
p sition of the two markets, that orders will be sent out,
nor will there be that rush after the various low descrip-
tions which tended to swell the imports of 1356-7 ; it seems
to be the opinion of these most accustomed to the trade
that the exports of 1857.58 will not exceed those of last
season, but this estimate is, of course, equally speculative
wi h the other: In Bengal Silk there is no new feature,
very li.Ce doing, and the only description inquired for is
fair medium silk from 183 to 253, which does not exist of
sufficiently good quality. In the Italian market there is
no alteration, and the same may be said of Brutias and
Persians.
Adverting to the Continent al adulteration of wine,
Messrs. Ridley and Co. observe, in their monthly
circular :
with respect to the result of the numerously signet?
mettorill to the Cmamirimers of her Majesty's Custom.,,
under date 29 h July, requesting them to Yebt:lct
the wording of all entries of wines Imported from
Hanahro', Bremen, &c., to "red or white wine," we now
report that the authorities have acceded to the 'wishes of
the trade, and iisued the necessary orders to their officers
on the subj -cf. The demand from 'Umbra' for empty
port pipes and sherry butts continues on a very large
scale. During the last month some thousands of such casks,
s )me with first &ass Xerez brands, were shipped. -We
suggest that before merchants send away their "empties"
to the coopers or elsewhere, they should chip cut these
valuable impressions.
1. They also remark : _ _ _ _

The French government inflaeneed, no doubt, by the
representations 'of the Cognac merchants; have recently
pissed a decree prohibiting the expottation of all casks
bearing the brand mark "Cognac," containing such
foreign spirits as are manipulated i❑ imitation of brandy.
The decree comes into cnera►ion on the I,t Janusry, 1858,
and its consequence will be that all who desire to avail
themselves of the interregnum, will embrace the opppor-
tunity to manipulate largely, and thus fool the
_English
market by anticipation.

SHIPPING INTELLIGENCE.

LIVERPOOL, SEPTIIMUIL Y.
Wl:ip YESTSI►D&Y, bow h—Gentle,
HIGU WATER—Morn. 2 18—Even. 2 41—TIcight, 17 ft. 4 in.
OFF THE PORT AND INWARD BOUND.
Seraphim.
ARB.I En.

Sipt 7. Dor Del
Susan Knapp Rio Grand, Anglo Saxon (It. M.S.S.) ..Quebec
Cloator Bordeaux OHO a.. ...... . ..... .. .... a hie/a
Sept. 8. F-15' swell . Bridgewater
Diana Alexandria 6.tna (a.s ) ..SoutharciptoU

SArr...sD.
Badtti.
Caroline Latr.ador Rost,ck . .....
Frankfort (s.s.)
Horizon nt.elbotune Confidence..
Norrhland . - Y.ew o.leam Sisteri ..Palermo
Lady Franklin .... ....Va.lparaiso vestor ....
Sspt. 8,, Thomas Mason .. Banger
Se-afina ......
....Man•ra Nary Ann. ... .... .......... Cork
St. Hilda .. ,- New Orlean , Reformation... Montrose

Sept. 7.

Sept. S.

CLEARED OUTWARDS.
C arissa Labrador
'oro nation
Mary E. 8a1ch........ Valparaiso
IR LOADING.
Orient ............ ...... Ostend
Sarah . Pei namtmco
Xnn and Catharina ;..Rio Grande
Pelican (s.s.) .Rotterdam
Glen Ogn au ....... Rotter .1 am
Libre Exchange ..... St. Louis
Isis .. Santa Martha, &c
....... ...... Trieste
Bushire Valparaiso
..Valparalso

L917£17.t Ceylon
VeY:aona Cronstadt
E XTEItED PC

Sept. 7.
Canada (R.M.S.) .. Boston, Bze
Johnston ......
Balmarino ..... ........ Genoa

Maria ...... ......Gibr :Hat
Ann and Charlotte ....liar ingen
Amity
Ironsides .... New Orleans
Yoriek ........New York
Eelipse .....,..
Vietorine
OUTPORTES.

1101.411£1D, September 8.
Wind, W. S.W.—Gent'e.
Falmouth, Sept. 7. —Aa rived.—The Duke of Cornwall, Philips, and
Island kmeen, Dawson, both from Odessa—Armide, Santos
Providence, Taganrog—Fortuna, PEOlia—Mary Sproat, Jessamine,
and Maschal, alt from Taganrog - Elise and Ville de Agde, both from
Marseilles —E iz abeth Sophie, Galez —St Helena, Rio Janeiro
Atrerida, Rangoon—Chevalier, B rdis.nski. Of—The China, outward
bound.
Dublin, Sept 7.—Arrived—The Far igona Hancsaela, Gron wall, from
RoA.rdam—Mensonta, St. John, N.B.—The: Wasp-, Annapolis.
Sto-noway, Sept. 7.—Arrived—Tho Supply, APLean, from
Archangel for Uverpool.
Clue nst ow 0, Sept. 6. —Ar, ived—The Louisa Jewitt, from St. John,
N.B.—C 'mere, °den's,
G eenock, Sept. 7.—Arrived.—The Barbara, from Quebec. Sept.
B.—Jam3s Br, o'r, from Riga—E tre 1,, Sines.
Gravesend, Sep'. 7. Arrived—Tine Isabella Hamilton, from Tab'e
Bay—Moscov. I lomil —Times, Paula Arenas—Angeline, Ilamm3rfest.
Sept. 8 -Lrice3 er, from Guerns,y :Tarte, Archangel—Pandora,
Archangel—ll stMgs, Ca'ingpatem—fl. Hardy, Cronta.adt He en,
A rchangel—LiLy, Gaerasey—Blue Jacket, Archangel—John Bullet,
St. Uu'E's—Briiiiant, archangel —Cress wail , Memel. Sailed—Martha
Brads, for L 3bon.
Deal. ept. 6. —Passed Dangenes3—The Tweelside, from Africa for
London—aiarles and Webard, from Lisbon for London. Sept. 7
The Jane Str ng, frcm Colombo. Salle)—The Alexender, for Quebec
—Rubicon, Swan-ea.
Plymouth, Sept. 7.—Sailed—The Lady Kennaway, for Sydney,
N.S.W.
Pi 1, Sept 7.—Arrived—The Ma-y Holland, from Havannah.
Swansea, Sept. 7.—Arrived—The Emol3. Goodman, from Quebec.
Sall ed—The Gaayocun, for Coquimbo.
Dundee, S-pt. 7.—Sailed—The Mary Sponcer, for Calcutta.
Lynn, Sept. 7.—Arrived—The Iris, from Ibrail.
Dover. Sept 7.—Arrived off- The Queen, from for Calcuqa.
Bideford, Seat. 7.—Arrived--The Prince Regent, from Quebec.
Gloucester, Sept. 7.—Arrived—[he Martha hilehris', from Futma..
gouche—Ma7ia Adelaide, Quebec—Faithful, P. E. Island—Johanna
flerma,n, Taganrog.