Northern Times.
Liverpool, Merseyside, England, 1857-12-11 00:00:00

THE NORTHERN rIIMES---LIVERPOOL, FRIDAY, DECEMBER

MONETARY AND COMMERCIAL.

LIVERPOOL, Thursday Evening.

The sales of Cotton to-day were only 2,500 bales,
including 500 on speculation and for export.
Prices were rather in the buyer's favour, being now
quoted at a decline of /d per lb. on Tuesday's
quotations.
The following is a copy of the circular issued by
the " liquidators" of the Borough Bank, announc-
ing to the shareholders the call upon them of £5
per share.
Boriugh Bank, Liverpool, Dec. 711, 1857.
You are aware that the creditors of this bank insisted,
as the chief basis of the settlement they agreed to, "that
calls, aiwoanting to £5 per share, shall be made on the
shareholders, as soon as the law will permit, and shall be
enforced with all reasonable speed." In accordance with
the obligations thus imposed upon us, and by virtue of the
power vested in us by the acts of Parliament, under which
we are appointed, we have accordingly this day made a
call of £5 a share, by an order, of which a copy is annexed.
The call is debited to your account, and the amount due
from-jou, on the balance of your account with the Bank, is
, which, according to the resolutions of the general
meeting of the 12th November,. will bear interest as
between you and the other shareholders, at the rate of £7
per cent., per annum, from this day, unless the same shall
be paid on or before the day named in the order. Tee
amount will be legally recoverable from you on that day,
and it will be our duty to eutorce the payment of it, with
" all reasonable speed." At the same time, we are most
anxious to make the performance of this duty as little
onerous to the shareholders as possible, and we shall be
obliged by your informing us, within a week from this
time, what will be the earliest day on which you will be
prepared to make the payment required of you.—We are,
your obedient servants,—Joshua Dixon, John B. Brancker,
Harmood W. Banner, J. Serjeants.n, Philip Rawson.

In the matter of the Joint-Stock Banking Companies' Act,
18.57 and of the Liverpool Borough Bank,

We, the undersigned, liquidators appointed to wind up
the affairs of the Liverpool Borough Bank, and distribute
the assets there3f, do hereby, in exercis3 of the power in
that behalf given to us by the above-mentioned Act of
Parliament, and the acts incorporated therewith, make a
call of £5 per share on all the contributories of this company,
And we hereby require each contributory, on or before the
4th day of January, 1858, at the registered office of this
company, situate at IN°. 3, Water-street, Liverpool, to pay
to us, as snch liquidators, the balante, if any, which will he
due from him or her, alter debiting his or her account in
the company's books, with such order. Doled this 7th day
of December, 1857.--Joshua axor, John B. Braucker,
Harmood:W. Banner, P. Serjeantson, Philip Rawson.

The Liverpool Share Market has been quiet all
day. The chief change has been in Grand 'Trunks,
which declined on the announcement that the
dividend will not be paid in cash, but in bonds,
no effect was caused on prices. The following were
the transactions:-Birkenhead, Lancashire, and
Cheshire, 65/ ; Blackburn, 91; East Lancashire, 884.;
Lancashire and Yorkshire, 904 ; Liverpool, Crosby
and Southport, 171 ; London and North Western,
94, 931, 94, 944, 934 ; Manchester, Sheffield, and
Lincoln, 364, 36 ; Midland, 851, 854.; Dover's, 19
1-16, 191; Grand Trunk of Canada, 9 9-16,
91, 91, 91; Royal Insurance, 31 p. The
following were the closing prices: -Black-
burn, 98, 9/ ; Chester and Birkenhead, 654,
651 ; Caledonian, 381, 31n; Chester and
Holyhead, 16, 164 ; Eastern Counties, 104 11 ;
East Lancashire, 881, 881; Do. 9/. Shares, par, 1 p ;
Great Northern, 231, 24 ; Do., A, 10, 101; Great 4
Western, 501, 51 ; Lancashire Rai Yorkshire
Stock, 906, 901 ; Do. 9/. shares, par I- p ; Liverpool,
Crosby, and Southport, 174, 181 ; London and
North Western Stock, 934, 931; Manchester,
Sheffield, and Lincolnshire, 36, 361; Midland
Stock, 85, 851; North British, 114, 12; North
Staffo) dshire, 41, 41 d; North Eastern -Berwick,
23 3-16, 23 5-16 ; York and North Midland, 401,
; Leeds Capital Stock, 25/, 251 South Eastern
and Dover, 19 1-16 191 ; Dutch Rhenish, 54, 51 d ;
Great Western of Canada, 181 18,1 ; Do. .new
shares, 2124 d ; Great Luxembourg, 6, 68 ; Grand
Trunk of Canada, 91 9 7-16.
The Imports of Specie continue on a pretty large
scale. To-day we have to announce the arrival of
the Essex from Melbourne, wtth specie valued at
421,800. This, taken in conjunction with the fact
that the position of the Bank of England must be
in a much more satisfactory position than last
week, has created a buoyant feeling in the Funds,
notwithstanding the fact that the Chancellor of the
Exchequer stated, in the House Commons, last
night, that Parliament may be called upon to
render some temporary assietauce to the Indian
Treasury.
As already stated, the Market for the Public
Funds and Securities opened with buoyancy. Con-
sols for the Bth January were first marked 914 to
911. The Three per Cent Redaced have been dealt
in at 91 to 914 ; the New Three per Cents, at 904
to 911; Bank Stock, at 217 to 2174 ; India Stock at
219 ; Exchequer Bills, at 2i discount to 2s prem ;
Exchequer Bonds, 1858, at 984 to 991; do. 1859, at
98 and 971. The closing Fices for Consols for the
Account were 911 to 91a.
The London Railway Share Market was quite
inactive to-day, but little business being done, and
prices with difficulty supported. The following
were the closing paces :-Caledonians, 774 ;
Eastern Counties, 10 ,3-16, 10 15-16 ; East Lan-
cashire, 88, 90 ; Grea, Northern, 93, 94; Do. A,
78, 80 ; Great Westerns, 501, 50; Great Western
of Canada, 181, 181, (A-rand Trunk of Canada,
91, 94; Great Seutlern and Western, 97, 99 ;
Lancashire and Yorkshire, 901, 91 ; London and .
North Western, 931, 94; London and South
Western, 833, 89, Leeds Northern, 50, 51.
Manchester, Shefleid, and Lincolnshire, 351,
36/ ; Midland Stock, 85, 581; North British, 47, 48;
South Eastern .i. n d Dover, 631 64; York, New-
castle, and Berwick, 92, 93 ; York and North
Midlan :, 81, 82. After official hours the
following wer3 the nominal . prices :-Cale-
donians, 77/, '7l; Eastern Counties, 10i, 11 ;
East Lancashie, 88, 90; Great Northern, 934,
0-1; D A, 71', 80 ; Great Westerns, 511, 511;
Lancashire aid Yorkshire, 904., 91; London arid
North Wester), 93i, 94;-Manchester, Sheffield, and
Lincolnshire 361 ; Midland Stock, 851 ; North
British, 461,471; South Eastern and Dover, 631,
61 ; York, reweastle, and Berwick, 911, 921; York
and North alidland, 801, 811.
From Hamburgh the commercial accounts con-
tinue of a most unfavourable character. The total
number i f failures up to the Bth inst. was 187.
The Golernment institution intended only as a
resource for the most wants has proved a failure,
as the want of confidence was so great that every
ono pushed for supplies.
At Amsterdam and Paris the exchanges on Lon
don ire rather less favourable. At Paris, on
Tueslay, the exchange on London was quoted at
25.33 to 40 for short, and 24.70 to 75 for three
months' paper; at Amsterdam, 11.85 (offered) for
shot ; and at Berlin, 6.17.

The advices of nine days' later date from Cal-
cutta report a decided improvement in the position
of the Bank of Bengal, and in the Money Market
generally, but no advance in Government Securities.
Exchange on London was quoted 2s. 2fd. for first
class bills at six months' sight. This is a trifle more
favourable, the previous quotation having been
2s. 2Zd. •
The interest is advertised in due course on the
Preference Bonds and Debentures of the Grand
Trunk Railway of Canada. The half-yearly interest
at the rate of 6 per cent. per annum is also adver-
tised on the consolidated stock, but is to be paid in
the 7 par cent. debentures of the company, having
15 years to run, and bearing interest from the Ist
January next•

IRISH PERSEVERANCE.--A signal proof of what may be
achieved by individual industry and perseverance was
afforded, last evening, in the launch of a new and
handsome schooner, nearly 200 tons burthen, built solely
by a working shipcarpenter, named Patrick Gaynor, who
resides on Lock-quay. Daily for the past twelve mouths
he has worked at the building of the ship, from early
morn till late at night, and no hands but his own
performed any part of the work. Last evening the
vessel was sufficiently forward to be launched; and
having been christened the John, the launching apparatus
was successfully put in motion, and the ship gracefully
glided into her future element amid the cheers of the
assembled spectators.—Limerick Chronicle of Wednesday.

BOY'S CLOTHING MADE WITH GREAT TASTE AT LEWIS mad
COMPANY'S, Ranolagh-street.