Northern Times.
Liverpool, Merseyside, England, 1857-12-18 00:00:00

CHARLESTON.

Gondar
Marengo
Laconia

The clearances, advised per Atlantic, indicate
that the returns for the week ending 9.h December,
per Africa, will show small shipments for Liver-
pool-the clearances for the week at New Orleans
boing only 14,680 bales, and Mobile nil.
The Liverpool Share Market has been to-day
still farther influenced by speculation, and prices
cloh'ed highor.
.The following Wels the sales :-
Eastern Counties, 11 9-16, 118; Blackburn, 9 5-16;
Great Western, 518; Lancashire and Yorkshire,
911,, 91i, 92, 921, 921; London and North Western,
944, 95, 948. 941 948, 951, es*, 95, 951; Man.
chester, Sheffield, and Lincolnshire, 371, 371, 381 ;
Midlands, 871, 878, 88, 882; North Eastern, 231,
231, 231, 2311 ; York and North Midland, 411
41.1, 411 ; Scottish North E astern, 101
Dovers, 103, 19 15-16, 20, 191- e, 20, 2q; Dutch
Rhenish, 51, 5 5460 d ; Grand Trunk of Canad,a,
; Great Luxembourg, 61; East Lancashire
Fifth Shares, si; Bank of Liverpool, 212 ; Liver-
pool and London Fire and Life, 7 13-16 c,
7 13-16 p ; Liverpool United Gas, 186. The
following were the closing prices : -Blackburn,
91, 91 ; Chester and Birkenhead, 659, 66 ; Cale-
donian, 391,, 40; Chester and Holyhead, 16, 161;
Eastern Counties, 11 946, 11 11-16 ; East Lanca-
shire, 90, 91. ; Do. 9/. Shares, id, par ; Great Northern,
xd 24 ; Do., A, 91, 9i ; Great Western, 52, 53 ;
Lancashire and Yorkshire Stock, 92, 921; Do.
9/. shares, par p ; Liverpool, Crosby, and South-
port, 171 171 • London and North Western Stock,
V, 1
951, 951; Manchester, Sheffield, and Lincolnshire,
383, 381; Midland Stock, 88, 881; North British,
121, 121; North Staffordshire, 41, 3; d ; North
Eastern -Berwick, 231, 231 ; York and North
Midland, 4%, 40i; Leeds Capital Stock, 251 26 ;
South Eastern, and Dover, 20,1, 201 ; Dutch
Rhenish, 51, 5d ; Great Western of Canada,
18'1 181- ; Do. new shares, 2i 2 d ; Great Luxem
bourg, 61, 72; Grand Trunk of Canada; 91, 9 13-16.
There is little, if any, change to notice in the
general condition of the Money Market. The Bank
Directors broke up this afternoon, after a protracted
sitting, without announcing any alteration iti the
rate of discount. Messrs. A. F. and D. Mackay, in
their Timber Circular to be published to-morrow,
make the following remarks on the present state
of the Money Market, and business affairs gene.
rally :-

Matters connected with basiness of every description
continue nearly without alteration from the appearance
they presented at the d _to of ourlast circular. Rnu ittances
in specie, from America, are still in course of arrival by
each succeeding steamer—bullien flaws into the coffers of
the Bank of England by many channels, and is steadily
accumulating there—several of the great mercantile houses
which were compelled by the nrepann, nf tarnpn”...3„.;......
stanc's to suspend payments, have intimated their
intention of resuming operations in their ordinary
course—the urgent demand for discounts, together with
other applications for pecuniary aid have to a
considerable extent slackened, and on every hand-
we perceive indications of growing confidence in
commercial circles. Notwithstanding all this, how-
ever, actual business is still reduced to a minimum. Each
class or department of mercantile and manufacturing life
appears to be waiting for the movement of another.
Transactions of all kinds are limited in amaunt, while they
are entered into with hesitation ; and the general effect is
dull trade, accompanied by still receding prices for all kinds
of produce. In such a state of the market, it is needless to
say, no trade can be represented truly as in a thriving
condition ; and it seems now agreed on all bands that
little or no alteration will take place till the year's affairs
have been wound up, and the true state of the profit and
loss account for the past twelve months shall have been
ascertained. This is an inquiry which naturally occurs at
this period ; and in every year, whatever the amount of its
success may have been, a pause in mercantile transactions
invariably ensues. Treat this year's investigation will prove
less gratifying in its closing results than might bare been
anticipated from the prospects held out at its emasmence-
ment, there seems, unhappily, every reason to believe; that it
may show an amount of disaster considerably less than
was recently anticipated, is at once certain and consoling.
The Funds were very steady to-day. They at
one time reached an advance of -E-1 per cent., but
closed at about the quotations of yesterday. Con-
sols, after touching 911 to 918, fell to 911 "
and closed at the same figure. The Three per
Cent Reduced are marked 911 to 91-1; the New
Three per Cents, 91.1- to 911; Exchequer Bills 4s
dis to Par ; Exchequer Bonds, 1858, 99 and 984 ;
ditto, 1859, 971; and India Bonds, 35s dis.
In the London Railway Share Market, there was
a good spesulative business transacted, and prices
generally show an advance. The following were
the closing prices :—Caledonians, 79i, 80 ; East-
ern Counties, 571, 581 ; East Lancashire, 89, 90 ;
Great Northern, 96i ; Do. A, 79, 80 ; Gt eat Westerns
52, 521-; Great Western of Canada, 18t, 18i ; sTand
Trunk of Canada, 91, 94 ; Great Southern and
Western, 97, 99 ; Lancashire and Yorkshire, 92,
921 ; London and North Western, 95, 951 ; London
and South Western, 89t, 901; Leeds Northern 51,
52; Manchester, Sheffield, and Lincolnshire, 371,
381; Midland Stock, 881 ; North British, 49, 50 ;
South Eastern sad Dover, 661, 611; York, New-
castle, and Berwick, 944, 95i ; York and North
Midland, 82k, 831.
We are given to understand that the affairs of
Farley's Worcester Bank are likely to turn out
much better than was anticipated. The entire
liabilities of the Bank (ineludina, the notes in
circulation, which do not exceed £37900), are under
£85,000 ; the assets exceed .E.:12,000. Looking at
the statement as nearly completed by Mr. Kettle,
accountant, of Birmingham, there is every reason
to believe that the creditors will ultimately be paid
12s or 13s in the pound.
The Centurion has arrived from Sydney with
107 ounces of gold and 1.0,000 sovereigns on
freight.
It is believed that the remittances of silver to
the East by the Pera, on the 20th instant, will
not be much above 30a,0001., inclusive of the sum
to be sent by the East India Company.
The amount of specie shipped up to yesterday
evening, on board the Magdalena, for the West
Indies, was 10,200t.,nearly all silver.
We are sorry to hear of another large failure in
the wool trade, at Bradford. _ _

Disappointment is expressed at the failure of
certain speculative parties, engaged in the English
wool trade, to meet their engagements. This
course is productive of much inconvenience.
At Hamburgh the feeling in commercial circles
seems rather less gloomy. The current rate of
discount is about 9 per cent, but in some instances
transactions take place below this rate. The Ex•
chebuer Bills (if they may be so termed) issued by
the State can be discounted, according to one
account, at six per cent.
A meeting of the creditors of Messrs. Lichten-
stein and Co., who stopped payment on the 7th
inst., is called for Wednesday next, and a meeting
of the ereditora of Messrs. Srovidsen and Johnson,

who suspended on the 18th ult., for the 30th inst.
The amount of gold purshased by the Bank of
England yesterday was about 110,0001., inclusive
of a quantity of Russian eo:n, but exclusive of a
large number of sovereigns ex the Niagara, from
New York, which, to the amount of about 60,0001.
have also been purchased by the institution. The
The amount of gold ascertained to have been
added to the Bank's stock since the date of the
last return, is computed at between 1,100,0001
and 1,200,0001.
The London agents of the Illinois Central Rail-
road Company have issued proposals for a loan of
3,200,000 dols., or say 640,0001. stterling. This sum
is required to provide for the unfunded debt of the
company, and for all its obligations and require-
ments up to the let July next. The loan is to be
raised in 7 per cent. bonds', payable in ten
years. The price at which the bonds are to be
emitted is par, and, as an additional inducement
to subscribers, each bond of 2081. Os. Bd. will
carry a right to subscribe for 25 shares in the com-
pany, this option terminating in 1861. Should
the option of taking such shares be exercised, the
bonds now offered will be received by the company
at par in payment for them. The subscriptions
invited here are for the sum of 1,600,000 dollars,
or 320,0001., " or to such further extent as may be
represented by optional rights surrendered."
With reference to the market for American rail-
way sceurities, ➢lr. E. F. Satterthwaite reports as
follows :

There has been no change of importance during the past
week in American securitie?., Illinois Central shares have
been shill, owing to continued sales, and rule considerably
below the New York qoutations. All the bonds of this
company have been more freely offered during the week ;
but, at the close, we note rather more inquiry for the seven
per cent. Construction Bonds. The new loan of the Michi-
gan Central First Mortgage Eight per Cenf. Convertible
Bonds, 1882, has found much favour, with transactions at
76. Erie Stock and Bands are less inquired for, and close
heavy. New York Central remain steady.

[The following appeared in our second edition of yes
terd ay ]
The bills of Messrs. William Cheeseborough and Son,
the largest woollen dealers in Bradford, were returned on
Wednesday, to a considerable amount. It is stated that a
general and permanent suspension of their operations is
not apprehended.
Messrs. S. C. Lister and Co., the large woollen firm at
Halifax, whose suspension was announced on Monday,
have given the strongest assurances of their ultimate
ability to meet all claims in full.
Mr. Yewdall, of Rawdon, near Leeds, a very extensive
operator in wools, has obtained indulgence from his credi-
tors, owing to the acceptances of Lister and Co. being
returned upon him for a heavy amount.
We have been requested by Messrs. Hamilton, Koch,
and Co., of Hamburg, and Heinrich Fried La waetz and
Koch, of Altona, to give a formal denial to the report
which has appeared that their firm had stopped payment.
We are also requested by Messrs. Heine and Fleischman
to give a similar denial to a similar statement. We do so
with great pleasure, and regret that amid the names of so
many firms which have been placed in difficulties under
the pressure of so heavy a monetary crisis the names of
these solvent firms should have inadvertently been inserted.
Times.

LIVERPOOL COTTON MARKET.-DEC. 17.

The cotton market has been very dull, and to induce business, very
low rates must be submitted to. The sales—including 10 Waran-
hams 60, 200 Egyptians 7 d to 8 d, 1,500 Sprats, 34 to 4}d—are
reporte I 5,000 bales, of which 2,500 are on speculation and for export.

LIVERPOOL PRODUCE MARKET.—Dn. 17.

Suoaa—The market continues very fiat, and lower prices have
again been accepted ; the sales are contiaed to a small parcel of
Demerara at 355, and 2,000 bags yellow grainy Mauritius at 44s
per cwt,
MOLASSES, REM, AND COFFEE—Nothing has taken place.
TEA—The market has worn a steadier aspect during the last few
days, and several transactions are reported in medium congous at fair
prices. In new season cargos but little has been done. The scented
descriptions recently anive 1 meet a fair sale.
Rfcc—Rather lower prices have again been aceeptel, 2,500 bags
and 1,500 pockets Bengal by auction, selling at 8s 6d for broken, and
at 10s 6d to 101 9d, chiefly the former, far good bold ; besides which,
about 4,000 bags Rangoon and Bassein, all faults, were taken at is 6d
to 6s 9d, and 50 terces damaged Carolina at 15s 3d per cwt for
Ist class.

• AGRICULTURAL PRODUCE MARKET.---DEc. 17.
Per stone, 201bs. Per gollas. s. d. s. it.
s. d. ■. d. Potatoes, Seedlings 3 10 to 4 0
Hay,e1d...... 0 7 to IP I Ditto, Kemps .... 4 0 to 4 4
Ditto, new .. . ... 0 5} to 073 Ditto, Whiterocks. 3 1 to 3 4
Ditto, clover 0 6 to 074 Ditto, Baishaws .. 3 0 to 3 1
Green Clover 0 0 to 0 0 Ditto, 13. Farmers 0 0 to 0 0
Grass 0 0 to U *pia°, cattle ..
Ditto, oat .. 0 21 to 0 3iTurnlps 22 0 to 24 0
Ditto, barley .... 0 21 to 0 3Darrots 30 U ti 33 0
Oats, in straw 0 0 to U 0 Mangle wurtel e2l 0 tc, 22 0
',Manure 5 0 to ti 6

LONDON PRODUCE M A.RKET.—Dsc. 17.

Sun +a—The market continues very dull, bat we do not alter quo-
tations, as the small public sale of Porto Rico was bought in.

COFFEE—There has not been a public sale, neither is there any
busi❑ees reported by private contract.
TEL—The market is inactive to-day, but prices are una'tered.
RICE-600 bags low East India were oircred in puhlic sale and
bought in at 7s 6d; and 453 bags Bengal were also bought in at lOs 31.
PsPpau--150 bags sold in public sale. Singapore at 4d., Penang 3id.
MACE-20 cases sold at Is 2,1 to 18 sd.

COTTON-200 t ales Snrat sold in public sale at 3id to 3id per lb.
SALTPETRE continues dull of sale.
JUTE has sold in public sale at a reduction of 20s to 255, Zit 5s to
£lB 10s.

LONDON TALLOW MARKET—PEc. 17.

The market is steady at the annexed qaotatioqa :—Town ta110w,.53s
nett cash; Petersburg Y.C• on the spot, 525; December, Ms 6d;
January and March, 52s to 523 61 ; March, 535.

LONDON MINING MARKET.-DEC. 17.

The market for British mining stocks remains as languid as-ever
Alfred Consols shares have met with some inquiry, and are marked
13, ex. div., but all other stocks may ba reported quiet, the demand
being generaliy limited. CAre Copper shares are inquired for, and
are marked 391; other foreign descriptions remain inanimate. Pen.
de -n, 4,1; Virtuous Lady and Bedford, 255; Vale of Towy, 1.7 s 6i,
61 ; West Grenville, 4s.