Northern Times.
Liverpool, Merseyside, England, 1857-11-02 00:00:00

Tehuantepec Grant, The Progressio says that
Mariano Vegar had been sentenced to death
for the assassination of Alvarez, and before this he
has expiated his crime, the executive clemency
having been refused. This is the only intim.teien
of the. death of Alvarez. 2,700,000 dols. of the
stock in the Tehuantepec Company was offered to
the Mexicans, and was well received by eapitalsts
The late storm extended along the whole Gulf
coast. The Tower of Merced, Vera Cruz, yielded
to its violence. The vomito had Jisappesred.
There is nothing from Sonora. Affair& in Yucatan
are in statu quo. The Government holds Merida.
Another account says the Revolutionist& are about
to make n coup detat against Merida with heavy
artillery. The Governor of New Leon had im-
prisoned the Bishop of Monterey, because of his
refusal to swear :Allegiance to the new Constitution.
The Tower of Nombre, de Dios, in Zacatecas, had '
been attacked by banditti, who carried of 30,000
dols in specie and property.
Advises are to hand from Havannah, dated 14th
November. Sugars are reported as being more
active in eensequence of favourable reports from
Europe, and large shipments were being made for
that market. The weather was very favourable,
and it is e,-taid that the eugar crop will be very
largo A Norwegiad barque had lauded a cargo of
179 coolies at Havannah.

COMMERCIAL INTELLIGENCE.
NEW YORK, OCT. 20.

MONETARY AFFAIRS

We have had a firm market at the Stock Exchange,
which at the close is rather bulaut than other-
wise on several of the leading stocks. The market
continues to be he'psd by the inditpo.t.itim of money-
lenders to c-aatinue their purchases of mercantile paper ;
for which there is no reliable demand at present,
Bank Stocks are better held than last week, and
on the few parcels sold an advance is had on the
previous transactions. The ma ket for Foreign Ex-
change for the Boston steamer wes a tittle more active
than for the previous packet, and the range of quotaions,
on actual transactions, not so wide, although still very
irregular. The top sales were at IC2I to 103 per cent. on
14,11,10 n. One or two leading banking houses settled
credits at 103 per cent , at the same time refusing to draw
their own b lls better than 105 par cant. There ware sales
of transient drawn bills at 101 to 102, and even as high as
103 per cent., with prime New York in lorsement. Francs,
563 to 5.50, very irregular. Upon the whole review of
the market as remark less anx ety to press sales than last
week, and few sealers in number.—New York Times

Oar last advices were to !he 13 h inst. The next day
all our Banks were under the necessity of suspending
specie p yments. '1 he Eastern and Southern States
immediately adapted a like course, and New Orleans is at
this moment the only important point in the United States
where spec 'e payments are still maintained. Tice Jaites
of the Supreme Court of New York publiehed on the same
dey their opinion as to the constitutionality of the
sugiensiein, and although the question is not yet relieved
from embarrassment, there is every reason to believe that
no steps will be taken to in errup the regular course of
business Oar banks hive lieew:se resolved to receive and
pay out. at par the circalati-n of the country banks of this
State. The effect of this last proceeding will be to
give currency to about 30,000,000 do's cf country notes,
some 12.000,000 dole, of which had been driven in
and remained unemployed under the influence of
the crisis. Gold has risen to but a moderate premium ; the
quotation is 11 to 21 per cent, but the dealings are not large,
and a pod prep, rtion of the g .Id withdrawn from the
banks has be in restored to them either in general account
or on special depos.t. The effect of the Bank suspensions
has been to infuse a feeling of relief into commercial
circle. Confidence immediately began to revive and
business was resumed in those branches especieliy c
meted with the movement of the crops. Money is already
a shade easier, and exchange on Europe shows an upward
tendency, while domestic exchanges are becoming more
active and steady. Notwithstanding this improvement,
the evil still continues pressing. In the Stock Market
there has been a rapid and general improvement, ranging
from Ito 15 per csnt. The greatest advance has been on
the better class of securities, many of the purchases being
made for account of capitalists who in ordinary times in-
vest in business paper. The mercantile suspensions are
decreasing in number, but a large number of houses have
been forced to ask for extensions. State Stocks show a
great advance, with large sales, chiefly in those of New
York Missouri, and Virginia Virginia has risen 151 ;
Missouri 6 ; Tennesse, 51; California, 5 ; Ohio, 1860, 7 ;
Ohio, 1866, 13 ; Michigan, 51 ; New York se, 11, and
ditto 6s, 10 to 14 per cent. City and County Bonds—We
note bales of Chicag and Cincinnati 6, at an adva ce of
5 per cent., ant of Milwaukee 'II at previous rates. itaitroaa
Bands —There has heen a great improvement in New York,
Central, and Illinois Central Be is, which have been the
most acively dealt in Eie Second Mortgsge Bto is are
up 10 per cent. ; do, Third Mortgage, steady, at about 50;
do. 1881, up 12 powent. ; es 1875, sales at 30 ; New Yce k
Central 6s have advance 11/; do. 7e, 8; Illinois Central
Construction, 121 ; Terre dilute and Alton Secend. Mort-
gage, 1 ; Hudson River Fit st Mortgage have been sold at 7 to
75. Railroad Shares show a general and great rise, but
the sales had not been large. Erie had risen 31 ; New
York Central 114 ; Michagan Central 6 ; Michigan
Southern 3 ; do preferred 61 ; 111 nois Central 61;
Cleveland and Toledo 8; Chicago 151; Cleveland, Columbus
and Cincinnati 12 ; Cleveland and Pittsburg 5 ;
Milwaukee and Mississipi 6 ; La Crosse and Milwaukee
; Hudson River 5 ; Hertford and New Haven 15 ;

Re-:ding rose to 361 but closes at 32 Money Loans on
call show a little more lire at 7 per cent. First-class
paper has been sold at 3 per cent. a month, but there is
almost nothing doing. Gold 1 to 2 premium. Exchanges
—rates are tending upward, but continue very irregular.
The sales are increasing in extent. London, 100 to 103 ;
Paris, 5.40 to 5.G S. MAtinG AND KINZ.
In our last adcices of 13th inet , we announced the
suspension of specie payments on the part of all our city
batiks Since that event, it has been decided to receive
on deposit the notes of the country banks at par. This
caused a better feeling, and prices at the Stock Exchange
have generally advanced. The failures of merchants
and bankers, reported during the week, have been
very numerous, and some of them very starling. The
relief to thy, M moy Market that was expected to come
from the suspension of the banks, has not yet been felt,
thcugh trade, which had come to a stem 1, new begins to
move elovly is its usual channels State Stocks have le,en
more active, and have advanced rapidly in price. The
principal transactions have been in the various issues
the S.ate of New York Missouri Gs, Virginia 63, and
Tennessee 6; In the t ity and County Bonds there has
been but little done. Some few Milwaukee City Sinking
Fend Bonds have changed hands at former rates. In
Railway B mils there has been but little done. The chief
transaction's have been in Illino:s Central C sne rue ion
7 per cent. B 'lids, and the different issues of the Erie
Railroad. At private sale we have nothing to mention.
Railroad Shares have not been active, though prices on
the whole list are higher. The soles were chiefly in New
York Central, Reading, Erie, CI evelen I and Tole io, and
Panama. The advance in the prices of Delaware and
Hudson Canal Company and Pennsylvania Caeal Company
have been very marked during the week; we quote the
former 20 per cent. and the latter 17 per cent. higher.
Exchanges nee better held. On London, at 100 to 1 3;
on Paris, 5 5 1 to 5.63. DE COPPET & CO.