Northern Times.
Liverpool, Merseyside, England, 1857-12-17 00:00:00

MONETARY AND CQMMERCIAL.

Wednesday Evening.
There was rather more business done in our
Cotton Market to-day, I:Jut the trade continues in a
dull state. The s.',.4tes are about 3,500 bales, of
which 1,000 wcrie on speculation and for export.
There wll'.', rather more business done in the
Liverpool Share Market to-day, and prices are
rather firmer :—Caledonian, 391; Eastern Counties,
111; Lancashire and Yorkshire, 911, 912, 91k, 911,
91k, 92; Liverpool, Crosby, and Southport, ln;
London and North Western, 941, 9:4 941 ; ditto
i shares, lfr d ; Manchester, Sheffield, and
Lincolnshire, 36';, 37; Midland, 871,871,87 g, 87,1,871,
85 ; North Eastern, 231; York Capital Stock, 41;
North Staffordshire, 4a d ; Scottish North Eastern,
108; Dovers, 198, 191; Grand Trunk of Canada,
98; Great Luxembourg, 61, 61; Great Western of
Canada, 18g; Bank of Liverpool, 219; Liverpool
and London Firs and Life, 77- p ; Leeds and
Liverpool CEnal, 493 g.
_ _

The Market for the Public Funds and Securities
was much flatter to-day, and at the close they
were quoted some per cent lower. Consols,
after being F din the forenoon at 92k, were quoted,
at two o'clock, at 911 to 91, and at the close the
prices were quoted at the same figure. The
Three per Cents Reduced are marked 011 to 913;
the Three per Cents, 918, to 912; Bank Stock, 21"
to 2183; Exchequer Bills, 4s dis to par; Exche-
quer Bonds, 1858, 99g ; ditto, 1859. 981; and India
Bonds, 358 dis. Turkish Six per Cents were first
marked 951 for the New Account, and are now
quoted 941 to 95. In other Foreign Securities little
business has been done. Sales are recorded as
follows::—Buenos Ayres Bonds, at 92 ; Dutch Two-
and-a-Half per Cents, at 63 (exchange 12fl);
Granada AA tive Bonds, at 173; ditto Deferred, at
43; Spanish New Deferred Three per Cents, at
251,5 Turkish Six per Cents, at 94i and 94 ; ditto
for account (31st Dec.), at 95k, 644. and 94!
The London Railway Share Market was rather
buoyant to-day, and the transactions of an
extensive character. The following were the
closing prices :—Caledonians, 781, 784 ; Dutch
Rhenish, 51, 5 ; Eastern Counties, 573, 58 ; East
Lancashire, 89, 91 ; Great Northern, 93k, 94k;
Do. A, 78, 80 ; Great Westerns, 511. 511; Great
Western of Canada, 181, 181 ; a-rand Trunk of
Canada, 38, 39; Great Southern and Western, 97 ,
99 ; Lancashire and Yorkshire, 911, 91i ; London
and North Western, 941 94; ; London and South
Western, 89i ; Leeds Northern, 511, 511;
Manchester, Sheffield, and Lincolnshire, 363, 37 ;
Midland Stock, 871, 88; North' British, 48i ;
South Easl ern and Dover, 65/, 664,; York, New-
castle, and Berwick, 934, 941 ; York and North
Midland, 811, 821.
The Bank of England, yesterday, purchased
200,0001. in newly imported gold, making an
ascertained total of nearly one million since the
date of their last return. In the Discount Market
first class bills are still negociated at a sensible
reduction from the Bank rate ; and at the Bank
itself the demand, though to a fair extent, is not
heavy. All these considerations point to an
impending reduction in the rate of discount at the
Bank ; but, considering the general position of
affairs it does not necessarily follow that such a step
must be adopted this week.

In the Stock Exchange yesterday the rate for
loans on government securities from day to-day
was about 5 per cent. In the Railway Share
Market, in connection with the settlement, very
high rates were current for loans.

Within the last two or three days the Ottoman
Bank have received 42,8001 in gold from the East.
The 169,0001 in specie brought from New York
by the steamer Niagara will reach London to-day,
and will probably be sent into the Bank.

One of our London cotemporaries is authorised
to state that the bills drawn on Messrs. Heine,
Semon, and Co., by the Nord-Deutsche Bank of
Hamburgh will be paid by Messrs. N. M. Roths-
child and Sons.

At a meeting held yesterday, of the creditors of
Mendes Da Costa and Co., of London, who stopped
payment on the Ist instant, it was arranged that
the affairs :of the firm shall be wound up under
inspection. The balance sheet, prepared by
Messrs. J. E. Coleman and Co., states the total
liabilities at 231,6731. The assets immediately
available, appear to be comparatively small, but
the result of the liquidation will depend upon the
sum that may be realised from the debts classed as
doubtful to the amount of 47,4251., and from the
claiiin of 112,3111. due from Messrs. Da Costa and
Co., of St. Thomas.

A meeting was held yesterday of the creditors
of Mr. J. H. Dart, of London, in the corn trade,
who suspended payment on the 18th ult. The
statement of affairs submitted by Messrs. Quilter,
Ball, and Co., the accountants, estimates the total
liabilities at 16,4051, and the assets at 1,346/. This
statement having been taken into consideration,
it was resolved to adjourn the meeting in order to
allow of an investigation into the account between
Mr. Dart and Messrs. Bardgett and Picard, in
respect of purchases of grain which is stated to
have cost 0,8001, and which had been entrusted to
that firm for sale on his account.
In the London Bankruptcy Court, yesterday,
there were some further proceedings in the case
of Messrs. Gotch, of the Kettering Bank. A
meeting is to be held to-day. The liabilities are
stated at 130,0001., and the assets at about 80,000/
In the same court was held the examization
meeting in the case of a person named Hine,
carrying on business as a laceman, in Piccadilly,
who was in the habit of receiving one per cent. for
accepting accommodation bills for Messrs. Mac
donald and Co., of Glasgow. Bills of this
character have been accepted by the bankrupt to
the amount of 8,0001. or 9,000/., passing through
the Western Bank of Scotland.
The following letter refers to a point raised in a
recent debate in Parliament :
Oljtctions having been made to a statement made by me
in the House of Commons on the 8 h instant, to the effect
that the Glamorganshire Banking Company bad failed and
paid a dividend of 183, or 19s. in the pound, I beg you
will allow ma to explain, in your co!umn3, that I referred
to the .‘ Monmouth and G;amorganshire Banking Company,"
which failed on the 7th October, 1851.—1 am, &e.,
T. M. WZGUELIN.

7, Austin-friars, Dec. 15, 1857.

Tho Committee of the Stock Exchange yesterday,
sat in deliberation upon the conduct of a member
of the establishment, who is charged with having
habitually and surreptitiously possessed himself
of telegraphs intended for other parties. The com-
mittee having, after receiving evidence, satisfied
themselves as to the truth of the charge, decided
unanimously upon the expulsion of the offender.
The resolution stands for formal confirmation on
Friday next.

The Produce Markets remain very dull and
heavy. On some qualities of sugar a fresh decline
of Is. per cwt. was submitted to yesterday. Rice,
saltpetre, and many other articles continue to
droop.

The royal speech at the opening of the Sardinian
Chambers points to a new loan for Sardinia, chiefly
for public works.

The decrease shown in the weekly traffic return
of the Great Western Railway of Canada is 4,8901.
The half•ycarly dividend is advertised on the
Portuguese Three per Cent. Bonds of 1853 and 1856.

LIVERPOOL COTTON MARKET.—DEC. 16.
The cotton market continues extremely quiet, and pricos show the
greatest irregularity. The sales—inc ailing, 70 Pernambucos bid to
7d, 220 Baldas. Sid to 61d, 50 Egyptians 7au to 9J, 500 Surata,3d to
4Ld—are reporte.t 3,500 bales, of which 1,000 are for export.

LIVERPOOL PRODUO MARKET.—DRe. 16.
SUGAR continues quiet, and we have no transactions to report.
111oLAssES-40 puns Barbadoes hove been sold at 153 5 om the quay.
Coma-13J bags Rio sold at 38s to 40s, and 5 tierces 34 barrels
Jamaica at previous rates.

RICE —3,200 bags Necransie have been disposed of at Bs, and 1,350
bags Cargo at 6s per cwt.

Gnu ANA ElC—lit cases were sold at 365, and 25 cases of East India
and other sorts at 24s 6d to 27s per cwt.
GED 3 A-25 corona were disposed of at 22s per cwt.
Ssuo nous —l2O bags, all faults, sold at lOs 3d to lOs 9d per cwt.
Thrxwooos—Considerable parcels were offered, bet no busintss ass
done, with the exception of a few tons of Sanders Wood, which sold
at e 5 108 per ton.
RAPESEED-1,000 bags Bombay were sold at 4Rs per qr.
LINSEED—A small parcel of Bombay realised 56s per qr.

LONDON PRODUCE MARKET.—DEC. 16.
SUGAR—This article continues doll of sale, and the public sales are
going off without spirit, at the decline of is, which was astAblishel
yesterday. Refined !tows, 56s to Ms, small.
Ccrreis - The public sale is progressing heavily.
fairamount of business done, 1,000 chests COMmon COogon

sold late yesterday at 12d, usual terms.
Rica dull of Qalr,pricesare unaltered.
R um.— Proof Leeward quoted 2s.
PEPPER —1,500 bags Penang were offered in public sale, and bought
in at 4d t) 51d.
Nur'mEos.-2:.0 castas limed offered in public sale, and bought in
Is 9d.
SALTPETRE.—A further decline of is to Is 6d was etatili,hed in
public sale. Refraction 71 sold at 333 ; refraction 6,37 s ; refraction
54, 38s 6d.
CCCHINEAL sold in public sale at about previous rates.

AGRICULTURAL PRODUCE MARK ET.—D EC. 16.
Per stone, 201bs. Per goihs. s. d. s. d.
s. d. s. d. Potatoes, Seedlings 3 10 to 4 0
O 7 to 0 Ditto, Kemps 4 4 to 4 6
O 6 to 0 8I Ditto, Whiterocks 3 0 to 3 4
O 6 to 0 7.3 Ditto, Balshaws 3 0 to 0 0
O 0 to 0 0 Ditto B. Farmers 0 0 to 0 0
0 0 to 0 o,Ditto, cattle 0 0 to 0 0
O 3 to 0 3.11 Per Inn.
O 21 to 0 3t, Turnips 2l
O 2t to 3 o'Carrots 30
0 0 to 0 Oi 'dangle wursel 3O
!Manure 5

Kay, 01d......
Ditto, new.. •
Ditto, clover
Green Clover
Grass
Straw, wheat
Ditto, oat
Ditto, barley
Oats, in strati

o to 23 9
o to 0 0
to 0 0
0 to 0 6

MANCHESTER TRADE REPORT.—DEc. 16.

There is no change to report in the general tone of our market.
The demand continues on the most limits(' scale, and prices continue
to wear a downward tendency.

LONDON TALLOW MARKET—Ike 16.

The market is flat. Prices are q :oted as follows :—'etersburg F.C.
on the spot, 52s 61; December, 52s 6d ; January and March, 52s 61 ;
March, 53s Gd.

BOROUGH HOP MARKET.—Dm. 16.
The demand for hops continues to increase, the low prices encon.
raging speculators.

LONDON CORN MARKET.-DEC. 16.

The few parcels of English wheat at market this morning were dis-
posed of at about the rates of last market day. Foreign wheat sold
slowly at Monday's currency. Barley underwent no chaage of im-
portance. Oats could not be purchased cheaper than In the beginning
of the week. Beans and peas firm, at Monday's rates.
ARRIVALS INTO LONDON FROM DEC. 14 TO DEC. 16.

Wheat
Barley . . ...
Oats . ..
Malt

English, and Scotch
8 10
830
740
130

Foreign.
5110
1860
1630

English Sack Flour, 450 ; Foreign Flour. barrels. 870 sacks.