Northern Times.
Liverpool, Merseyside, England, 1857-06-11 00:00:00

MONETARy..AgD COMMERCIAL.

LIVERPOOL, Wednesday .Evening..,
The buoyant feeling manifested in our Cotton
Market since Friday continues, and prices-are
ail-
vancing. The sales to-day were 12,000 bales,. 5,000
of which were on speculation, and for export.
Prices are now. about Is. Bd, per lb. higher than
on Friday, or 1-18 d over those of yesterday.
The Liverpool Share Market was very gait
to-day, with a moderato business doing. The.
following:were the transactions-Birkenhead, Lan-
cashire, .and Cheshire, 69 ; Caledonian, 364; Lan-
cashire and Yorkshire, 1001, 4; Ditto .£9 shares,
1.1-16 p-• London 'and North Western, 1031, 4, 31,
; Manchester, Sheffield, and Lincolnshire,
431, 1,4, k, 4, 34, 4/ ; Midland, 831; North
Eastern, 21- ; York Capital Stock 341 ; Oxford,
Worcester, and -Wolverhampton, 154 ; St. Helens
Canal and Railway, A. 78 ; Dovers, 221, 1; Lanca-
shire Insurance, 4p ; Dutch Rhenish, It p Grand
Trunk of Canada, 15 15-16,1. The following were
. theclosing prices :=Blackburn, 8-1346, ; Chester
and Birkenhead, 68k, 69 r Caledonian, 364, 361 ;
Chester and Holyhead, 18; 18/, ; Eastern Counties,
111, 111 ; East Lancashire, • 964, 96; ; Ditto ~Z 9
shares; 11-16, 4p ; Great Northern; 241, 244;
Great Western,63l, 641; Lancas.hire and Yorkshire,
Stock, 1001; 1001; ditto £9 shares; 1, 1' Ll6p ;
LiverPnel,Crosby, and Southport, 191, 198 ;London
and North Western Stock, 1031 10.31; ditto 4 shares,
3-16, ; Manchester, Sheffield, and Lincolnshire,
44, 441.; Midland. Stork, 831, 831; 'North British,
• 104,, 104 ;- North Staffordshire,, 5, 44 d ; North
Eastern--Berwirk, 224, 221; York and North
Midland 341 344 ; Leeds Capital Stock, 224, 224 ;
South Eastern and Dover, 22 3-16, 221 ; Scottish
North Eastern, 124, 13 ; Buffalo and.take Huron,
4, 4 d ; Ditto New Shares, 4, 4 p;. Dutch Rhenish,
IL' 11 d ; Great Western of Canada, 234, 231
Ditto New Shares, 1 11-16, 1 13-16 p; Great
Luxembourg, 114, 114 d ; Grand Trunk of Canada,
151, 154. • .

'the inarket for the public funds and securities
to-day was firm, indeed we may say .rather more
active', and an advance of a per cent was established.
Qonsols for money are shut, and for the account.
ex-dividend. The closing prices was 98i After
official - hours they were quoted at 93 1-16 to 93
316 Exchequer Bills closed at 2 dis to 3 pni,and
the new three per cents at 92i to 92,k_

The London Share Market exhibited no mate-
rial change to day. A moderate business was done
at!-firm prices The following were.the closing quota-
Lions—Arribeigate, Notting,haM;and East Junction,
53 ;: Caledonian, 74 723 ; Edinburgh and
Glasgow, 59, .61 ; Eastern Counties, 11
East Lancashire, 94, 971; Great Northern, 971,
974•; Ditto A, 881,, 891 ; 'Great Western, 641,
6431; . ;Lancash!re, and Yorkshire, 1003, 1001 -;
Leeds Northern, 443; Loudon and North West-
ern, 1039, 10.33 ; London and South Western, •
993, -100 ; Manchester, Sheffield. and Lincoln-
shire, 431 441; Midland Stock, 835, 831 ; North
British, 423, 431 ; South Eastern and Myer,
733, 74 ; York, Newcastle, and Berwick, 891,:
903 ; York and North Midland, 691. After
official hours the business done was at the
following pines :—Caledonian, 72:1, 723;. East-
ern Counties, 113, 111; East Lancashire,' 96,
97; Great Northern, 975, 971; ditto A, 88, 89 ; Great
Western, 641, 643 ; Lancashire and Yorkshire,
1001 1003; London and North Western, 1034, 103fi ;
Manchester, Sheffield, and Lincolnshire. 436, 44 ;
MitlialiA Steck, 833: 833 ; North Bri;.ish, 421 433 ;
South Eastern. - •DOSier; • 731, 741 ; • York, -New-
castle, and.:Berwittit, 893, 901; York and North,
Midland,. 703.

Trade in Moneltester i 4 improving, and today;
received a. further stimulus fr'snn the increased
activity and advanced price of the Liverpool Market.!
Bui.Y_ers, tioteu.pectinglor the present -any- further]
efleession in lotieels, have come more freely intOthTe!
market, and at old prices would operate largely, but'
they find predue2rs harder to deal with, and in'
general holding, with more or less firmness, for an
advance. The upward tendency of prices is most
marked in yarns, especially in qualities for export,
which must be quoted dearer h. - I..per in. ant
ILA :wine counts, such as 40's mule, India
.quality, for which the, demand is animated, the
advance is rather more, very, extreme prices being
Paid. TWist cops and pin cops for the Blackburn
,trade aro coMparatively inactive; but they have, to
at peitain•extent, Partieipa.ted in•the improvement;
-and aro easier to sell, although they cannot be
quoted dearer. In Cloth, a fair amount of business
has been transacted to-day, • and the demand is
lively and general. Sellers for the most,part hold
for an advance, and this, when insisted on, has
checked business. The bias of prices is, however,
unquestionably in favour of sellers; but with the
exceptlon of 40-inch. shirtings, which are lid. per
piece dearer than a week ..ago, we can quote no
change in prices •
Respecting the tondon Silk trade, we learn
from Messrs. Durant & Co's circular, that 7--
Considerable business has been done in Silk during the
last fortnight at. gradually stiffening prices. -,Previously
to that we ;were without any' arrivals of moment, and
buyers, although seriously apprehensive as to the coming
Eardpesnerop, postponed any movement from-day to day
—consumers because of the unsatisfactory state of demand
for manufictvred goods, and speculators that they might
make u'-'-more certain --game. We are still -without any
positive kne //ledge as to the result of the.crop, but the
meat serious fears are now generally. entertained. Our
arrivals of China Silk have been large, especially of Tay-
eaam, 'in tellower classes of whim we are without any
,roproliernent, but the better classes, , and all classes =of
Tsatlee. may be quoted nearly is above last month. The
deliveries of My were very smsll, all consumers working
up closely. In Bengal Silk. little has been done, but
prices aro slightly higher. • In Italian, Brutia,-and Persian
Silk, nothing. The public sales are fixed to' take place on
• .1
the Ifithlinstant. '

rne W,Hk Traffic Returne of'the'Grand Trunk
Railway Company 'of Canaria: show ,a total inceine,
for the we:dc en,:•ina., May IG, of £8,094,- against
£5,248 in the.corrts!,on ding week last year.,
At Haniburp;,'Russian Stock has experienced
further improvemen%
The rate-of 'discount at Hamburg, which lately
declined to 5 per cent", is now 54, Per cent.
Australian cold to the •amount of-120,0001, is
known to have been pnrchasetd yesterday by the
Bank, which , has thus absorbed about a
,cittarter a million' -this week out of .the
'reeeut arrivals. About 5,0001 in bar 'gold ex
the Asia, from—New. York, 'was also sent into
that -in'stitntion,. yesi,ertiav, but the- remainar of
the iqrge nsmibanoe- b§ thiS vessel,-consisting of
Amerionn eagles, hascbeen; sold for. exportation
to the •
Continent. To-day 320i0D-OZ..in ftolki, ex, the
Med4tly and K••nt, from. 'MelboUrne; is expected
to delivered, and some considerable amount
wilt orobahty lie ;ent. into the Bank
EXtensive arrivals of silver continue Wake place
from the Continent. The AlbiOn from Boulogne,
.has brought direct to London this week 57 cases,
and the Dolphin,•frem Antwerp, 81 cases anct 21
bags The total value of these remittances is pro-
, hably -Sbout,l2o,ool.
The steamer Alhambra has taken out 3,0001 in
lo Cadiz.
Th, large , amount:, of dollars ex the steam,n.
Par, i!! fn en Mexico, were yesterday sold, princi
pally --)1. China, at. 5s ld per oz., being an advance
,ompared with .the priers realised for the
sn 1., the lasit packet.- The advance is of course
ow: !,2 ,•, iie aelivity of the demand on Chinese
,•tiets-•11 _

tni?ii n of lellars mentioned in the New
Vori —es as h been shipped at Vera Cruz
1. are understood to have formed part.
Of th, recight of the gteamcr Parana, which
.1 Southampton last week.
:ft to .r ,(e I that the miyits of Holland and
Nap?: Aout to raise their price for fine silver
by I/ ,ent. It is is. presnme,d that the object
4.444, ,4(144-,,;,,40-is to attiact larger-quantities of
silv:- the purpose of coinage.
Tin '' Invis arrived from Foo,ehow-foo. with
233,10,!!.•e of tea and 1,046 hales of silk on freight.
The --;.• ,i.,sser has also:arrived from Shanghae.
Snbs,- iptions are invited in England for an issue
of 20,000 ... Free Land" shares of 50 dols., or 10/. ss.
civil, of the Dotroit•and Milwaukie Railway, in the
staken M e,.igan. This line commences at Detroit,
the wes et.u. terminus of the Great Wretern Railway
of Cann•iti, and is to extend to Grand Haven, on
the t-hares of Lake Michigan, opposite to i)filivaukee.
t The system of c0!"9,1144P-10ation between tlAth. 'Atlantic

sea-board and the lines radiating from Milwaukee
to the various points of the Mississippi River will
thus be
.allopalent, Was reserved in the-first instance
for the- shareholders- in the Great Western of
Canada Company, by whom a large amont is stated
to have been subscribed. The. president and four
directors of the Great Western Company are to act
as special trustees in England for these funds, and
will take due,care that none of- the proceeds of
the-negotiation of :these shares will be remitted to
the United States for the purposes set forth, until
the transfer of the land and other arrangements are
completed."'
A specialrmeeting of the North of Europe Steam
Company is called for the 18th instant, to receive
the report of the committee of consultation.
Tlie half-yearly meeting of the Colonial Bank
proprietory is-called for the Bth of July ; and a
generaLmeeting of the London and Westminster
Bank proprietors.for the 15th July, -when the fol-
lowing,,resolution will be submitted.:—" That the
reserved fund- be increased beyond its present
amount of 150;000 by the addition of the interest
thoreen, and any fraction undivided profit at the
end of each year, until it reached 250,0001.
• The adtices from Paris allege that the Bank of
France, the
.metallic stock of which has of late
been increasing so rapidly, has suddenly lost
bullion to some extent, owing to a demand for
Lombardy. The money,tnarket is described as
tight, and the Bourse exhibits general inactivity,
to :WhiCh the - preparations for the elections and
the 'approach of the dull season greatly contribute.
The shares of -the- Credit M obilier Society show
great depression, having fallen to 1,150 f.
The suspension is announced -of the bank of
Messrs. Gotch -and Sans, of Kettering.. The firm
was an old one, having been established sixty-five
years back, but its liabilities are not supposed to
be -very large. It was a bank of issue, with a cir-
culation limited under the act of 184 t to 9,1921,
and according to the last published returns its total
of notes out was 8,792/. The bank was in difficul-
ties in 1b25, from:Which it recovered, but for some
time lately its position had again been regarded
aajloubtfu),,,
i; •

Commercial intelligence.

LIVERPOOL COTTON MARKET.-JUNE 10,

There has been an active demand for cotton to-day, and holders
offering bat sparingly, prices are id per lb. dearer than on Friday.
The sales—including 25 Pernambuco Sid to 8/d, 250 Bahia lid, 250
Maranham Sid to 91, 700 Egyptian B.ld to lid, 2,500 Sarat 4id to 6id
—are reported 12,000 bales, of which 5,000 are on speculation and
for export.