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Leader (1850-1860), 22nd January 1859, Edition 2 of 2, Page 26, Friday Evening. Money is easier, aud tli...

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      122 The Leader. [No. 461, January 22, 18...

      122 THE LEADER . [ No . 461 , January 22 , 1859 .

      Sale Steady At The Quotations; York Rege...

      sale steady at the quotations ; York Regents , 80 s . to XOQs . ; Scotch , 70 s . to 80 s . ; Cups , 50 s . to 60 s . ; Dunbar Regents , 85 s . to 90 s . ; Cups , 70 s . to 75 s . ; French , 45 s . to 65 s . per ton . , Hors . —Choice qualities continue in active demand at improving rates , but low and middling descriptions remain without quotable change . - . Live STOpK ^ Increased supplies of beast and sheep , with a limited demand , caused a reduction of 2 d . per stone at Monday ' s market ; and although the trade was rather better on Thursday , the decline was not recovered . Veal met a good demand throughout * and the little on offer sold readily at 4 d . to 8 d . per stone advance . The following were the numbers at market , and prices currently quoted : — Monday . Beast . Sheep . Galves . Pigs . 4 , 100 19 , 800 98 178 3 s . 8 d . to 4 s . 10 d . 8 s . 6 d . to 4 s . 10 d . 4 s . 0 d . to 4 s , 10 d . Ss . 0 d . to 8 s . Sd . Thubsdat . 789 2 , 180 180 150 3 s . 8 d . to 4 s . lOd . 3 s . 6 d . to 4 s ; 10 d . 4 s . 4 d . to 5 s . 2 d . 3 s . 0 d . to 4 s . 0 d . Provisions . —^ The dead meat markets are well supplied with beef and mutton , for which the demand is very sluggish and prices barely sustained . " Veal is comparatively scarce and dear . Pork is still unsaleable . This morning ' s quotations were for beef , 2 s > 8 d . to 3 s . 10 d . ; mutton , 2 s . lOd . to 4 s . ; veal , 4 s . 4 d . to 4 s . 8 d . ; pork , 3 s . to 4 s . 4 d . per stone , by the carcase . Sugar . — -Grainy and strong refining sugars have met an increased demand from the home trade , and an advance of 6 d . to Is . per c wt . advance has in many cases been realised . Low soft qualities are still without

      improvement . The stock of West India being much reduced , but a small and comparatively indifferent assortment has been , placed on show , and the business has consequently been chiefly in East India descriptions . Floating cargoes have also been more in request , both for the Continent and outports , and altogether the market has had a more animated tone . The principal transactions have comprised 1800 cks . West India , at 38 s * 6 d . to 453 ^ 6 ( 1 . for low to good yellow Barbadoes ; 41 s . to 44 s . 6 d . for crystallised Berbice ; arid proportionate rates for other descriptions- 14 , iO 9 bgs . Madras , . S . K . A ., white , 49 s . ; ydlow , 45 s . to 47 s , 6 d . ; low to good middling grainy yellow , 42 s . to 44 s . 10 , 876 bgs . Bengal , grainy yellow , 45 s . to 47 s . 6 d . ; Benares , 45 s .. 6 d , to 47 s . 6 d .: Gurpattah date , 37 s . 6 d . to 42 s . 6 d . 500

      bgs . Gossipore , 48 s . 6 d . 18 , 000 bgs . Mauritius , superior crystallised , 49 s . 6 d . to 50 s . ; low to fine yellow , 41 s . 6 d . to 47 s . ; 6400 bgs . Penang , brown , 33 s . to 38 s . ; low to middling yellow , 38 s ; 6 d . to 42 s . 4000 bxs . Havannah ( out of about 10 , 000 b > s . brought to auction ) , low to good yellow , 41 s . 6 d . to 45 s , 6 < L ; brown , 38 s . 6 d . to 40 s . ; floretts bought in at 4 8 s . to 60 s . 350 casks Cuba Muscovado at 39 s . to 40 s . for brown , and , 40 s . 6 d . to 42 $ . for yellow . Eight Routing cargoes , viz . two Havannah , 27 s . for No . 10 and 31 s . for No . 13 £ ; three Paraiba at 24 s . l | d . to 25 s . and 27 s . ; one brown Rio Grande at 24 s . 6 d . ; : one fine brown Bahia ( duty paid ) , for refining here , at 40 s . 6 d . and one Maroim , at 25 s . 9 < L The . refilled goods market has not varied , a moderate demand having been experienced at late rates .

      Cofe-kb . —Fine colory plantation kinds continue to command high Jpricea , but low and middling qualities have sold on slightly easier terms . At public sales 550 cks . 185 brls . 108 bgs . were disposed of . Low raid , to good mid . at 67 s . 6 d . to 74 a . 6 d . ; fine marks , 87 s . to 93 a . ; 2500 bgs . native Ceylon , good ordinary clean , 51 s . to 51 a . 6 d . ; doubtful as to condition , 49 s . 6 d . ; and unclean , 48 s . 6 d . ; superior bold , picked , 55 s . to 59 s . per cwt . ; 278 brjfs . 671 half-bales Alexandrian , mocha

      partly sold at 71 s . to 76 s . being about late rates . In other East Indian coffees but little is doing . Brazil is firmly held , and 1854 bgs . in auction were bought in at 44 s , per cwt . Floating cargoes meet some inquiry , and one of 2700 bgs . St . I > omingo has been sold for a near port at 47 s .. 6 d . per cwt . insured in Hamburg . The . clearances progress steadily * On the Continent the markets are firm , generally . Crop estimates from Batavia , by advices dated 24 th November , calculate a deficiency of 100 , 000 picvla . To-day a cargo Rio sold at 47 s . 6 d . for the Continen t *

      Tea , — -The overland letters , mentioning a rise in the price of tea at the Chinese ports , consequent upon short supplies reported in the interior , imparted a bettor tone to this market , and prices have moved up del * per lb . Public sales of 21 , 000 pkgs . passed off with spirit , and some 8500 pkgs . found buyers . Common congou is now quoted ll ^ d . to Is , Cocqa . —The market remains inactive , and some parcels Guayaquil in public sale were withdrawn without eliciting a < bid ,

      Calcutta give a stock of 5000 tons , besides which there are 3700 tons on the way , and 3000 tons in stock here , whilst prices are much above an average . To-day , however , the stone was strengthened by a report that although the stock at Calcutta was heavy , the shipments by the present mail were light . , , SiriCES- —^ A large business has again been effected in black pepper at steady prices . Alleppy , 4 d . to 4 | d . ; Sumatra , 35 d . to 4 d . for good clean ; and 31 d . to . 3 d * , for grey ; White is rather easier ; Singapore having sold at 8 d . to 8 * d . Small sales of pimento were made at late rates . First pile Cassia Lignea sold 99 s . to 100 s ., and second at 95 s . to 96 s ^ In other spices the dealings have been unimportant and prices unaltered . have the

      Fruit . —Heavy public sales depressed market for low qualities of currants , " damaged having sold at 29 s . ; fine fruit is , howeverj steady in value . Valentia raisins of tender quality have sold for export at moderate rates . Sago is 6 d . to Is . cheaper , owing to increased supply . Grey to fine small grain , 15 s . 9 d . to 20 s . ; fine medium aria large , 20 s . to 20 s . 6 d . ; flour , 15 s . 6 d . Indigo . —Low and middling qualities in request ; fine meet little inquiry . 500 srns . Guatemala realised 3 s . 6 d . to 7 s . 2 d ., being 4 d . to 6 d- advance on the October prlces'for ord . arid mid . qualities , and par to 3 d . advance on good and fine . For the sales of the 8 th , only 2200 chests areas yet declared . Cochineal . —Heavy supplies have been cleared off at full terms to Id . advance , but to-day the market was barely so firm .

      Drugs . —Camphor has risen to 70 s . to 72 s . per cwt . Castor-oil is £ d . per lb . cheaper . Cotton . —The trade continues dull * and prices weak . At Liverpool 44 , 210 bales sold during the week , fair uplands showing a decline of id . per lb . The week's imports were 56 , 837 , and the present stock is 345 , 800 bales . In London only 120 bales are recorded as having changed hands . Quotations are therefore nominal . Hemp . —Russian has improved to 29 J . 15 s . for clean St . Petersburg ; East India kinds remain inactive . Jute has sold in small quantity at barely late rates .

      Metaxs . —Manufactured iron is unaltered in value . Scotch pig is moved up to 53 s . 9 d . to 54 s . Copper is as last quoted . Lead a slow sale , . without change in price . 600 tons spelter sold to-day at 22 J . 15 s .. for spring delivery . After touching 133 ? ., Banca tin closes at 132 ? ., and Straits 130 ? ., prices coming lower from Holland . * Tin plates are 6 d . per box higher . Oils . —? The supplies of linseed exceed the demand for the moment , and on the spot 297 . to 29 / . 5 s . is the quotation . For monthly deliveries up to June 29 J . 10 s . is asked . Rape oil is purchased sparingly , and is barely

      so firm . Foreign refined is worth ; 46 / . 10 s . to 47 / . ; brown , 431 . ; English brown , 41 ? . ; Bombay ground nut or Gingelly , 34 ? . 10 ? . to 35 ? . ; Madras , 391 . ; Niger , 351 . Olive is difficult of sale ; Gallipoli offers at 60 ? ., Spanish at 48 ? ., arid Mogador at 44 ? . 10 s ; to 45 ? . Cocoa nut firm at the late advance ; Ceylon , 39 ? . ; Cochin , 40 ? . to 43 ? . ; fine palm readily commands 41 ?; 10 s . Sperm oil has advanced to 98 ? ., the demand from the cotton spinners being large ; head matter is held at 105 ? . ; common fish oils are neglected ; pale southern quoted 84 ? . ; pale seal , 36 ? . ; cod , 31 ? . 10 s . to 3 . 2 ? ,

      Tallow . —On Monday we bad a very short delivery , and but few orders for consumption , which caused a veryflat market and a slight depline in price , but , with the large delivery on Tuesday , the market at once recovered its former tone and price , and has continued firm all through the week , though fresh orders for consumption have not been so plentiful as in former weeks . A considerable speculative business was done in the early part of the week , principally for forward delivery , and there are now few sellers for March , even at 53 s . 6 d ., some still thinking a large oversold account still exists

      for March , To-day the orders ore more plentiful , and the market firm . 68 s , 8 d . spot ; 58 s . 8 d . January and March ; 58 s . 6 d . March , buyers ; 62 s . April-June , and October-December , The public sales of 800 casks to-day went off quietly , nearly all selling . Australian sheep , 53 s . 6 d . ; South American , 61 s , 9 d . to 63 s . 8 d . St . Petersburg letters to 80 th December , 1058 , O . S , : — Tallow-market firmer . 167 £ to 166 J offered for August , Y . C , no transactions reported ; in loco , 200 casks dqna at 164 , and 800 casks 166 , cash ; 161 cash offered for June at 168 , with 10 J down ; 100 casks offered out . Exchange , 80 } to t . Town tallow , 65 s . ; rough fat , 2 s . lQAd . ; melted stuff , 88 s . 6 d .

      Turpentine . —There have been no arrivals of crude ; for about 600 brls . very indifferent quality , 10 s , per cwt . was accepted ; good is held for 10 s . 6 d . Spirits in moderate request at 40 s . ( Jd , to 41 s . for American barrels .

      Ricb ^ -Low qoalltiea have found an active sale , about 60 , 000 bgn . having changedbands at Ad . to 6 d ; advance . Rangoon , 6 « . Id . to 7 b . j pale , 7 s . fid , to 8 e , ; Madras , 8 s . 8 d . to 8 ft , 6 d . ; Bengal , coaly small parcels havo been placed . SALrra « BB . —AboBt 2000 bfB , w « re disposed of early In the week , at full prioes , Then © orders were partly to fill up Gorernment contraota , and as others are yet known to be open , holders of suitable descriptions are comparatively firm , but the position of the market la not regarded as very promUing , as tho laat accounts from

      Port Of Londow.—Purlng The Past Week The...

      Port of Londow . —Purlng the past week the trado of the port has shown rather more activity ; 181 vegsola were announced at the Custom House no having arrived from foreign ports , There were 7 from Ireland , and 261 colliers . The entries outwards amounted to 101 , and those cleared to 86 . besides 20 in ballast . The do . parturos for the Australian colonies wore three vosaolsviz ., 1 to Adelaide of 760 tons , 1 to Port Phl ) Ip of 758 ions , 1 to Swnn IUver of 010 ions , making a total of 2187 tons ,

      Mqke& Market And Stock Exchange.

      MQKE & MARKET AND STOCK EXCHANGE .

      Friday Evening. Money Is Easier, Aud Tli...

      Friday Evening . Money is easier , aud tlie best bills arc discountcc ] at 2 per cent . The difficulty of finding employment for it is eulianccd . by tlie uneasy state ot the relations between France and Austria , and by the less confidence now inspired by the Emperor of the French . A loan for Austria for 6 , 000 , QOO £ , to be negotiated by the Rothschilds , is spoken of , and should it be broug ^ ht forward liere , it may increase a little the dernand for money . At present business is so little animated that it is not immediately likely to make a demand for much capital .

      In the Stock Exchange money is quite a drug , and is freely _ lent at 1 per cent . There people shrug up their shoulders at . the Austrian loan , and doubt whether it will be well received . Sales of Consols by the agent of the eminent capitalist mentioned as connected wi th the loan , have kept the . Consols market flat to-day , _ whieh otherwise , from the purchases of the public , would have a , tendency upwards . In general , the funds have

      been much quieter this week than last . Today the market has been flat and uneasy , varying , however , only between 96 6-Sths and 7 Sihs . In the early part of the day the telegraph brought an improvement at the Paris Bourse of 15 centimes in the Three per Cents , which contributed to the firmness of our market ; but a later despatch brought an equal decline in the French Threes , and the market here closed heavy . There is , however , not much interest attached to these slight and temporary

      variations . A great increase is noticed in the receipts of the Lombard-Yeneto k line , occasioned , most probablv , by the movements of the Austrian troops , and if they all have to move back , the gain may be repeated but such temporary spurts of prosperity cannot compensate for the general interruption of traffic occasioned even by rumpurs of war . The settlement for the company is likely to take place at Paris on the 3 rd , and London on the 4 th , pi February . has been

      It appears by a correspondence which sent to us , but for which we cannot find room , between Messrs . Seymour , Peacock , ; aud Co . and the Earl of Malmesbury , that it is doubtful in . their minds whether or not the American Government is aware that our coasting trade is open to American ships , and the Foreign Secretary has undertaken to instruct the Minister at Washington to inquire of the United States Government , and seize the opportunity of urging on that Government the justice and good policy of conceding corresponding advantages to British vessels in American waters . Had these gentlemen and the Foreign Secretary attended to the communication lately made by iMr . Fenwick , M . P ., to the Sunderland Shipowners ' Society , they would have had no doubt that tlie American Government and the American merchants

      are well acquainted with the fact that our coasting trade is open to American ships ; but there exists in our ports a system of exceptional privileges in favour of British vessels , which at least serves foreigners as a pretext for not opening their coasting trado to our shipping . In the Tync , at Dublin , Bristol , Hull , & c ., ships and goods belonging to freemen arc exempt from river and other dues which foreigners must pay . On thia account tho Frenoh uvcrumuniwouiu not uiu uwt

      v * < open cuusnny u u < France to our shippinff , and no doubt the same reason operates in the United States . Several of the Joint-Stock Banks have held their annual meetings this week : the Unity to-day . By tho end of next week all the banks will probably have hold their meetings , and we , shall then givo our readers a complete synopsis of the roportd of these companies . We reprint several of them in our present number , from whioh it will appear that tho Joint-Stock banking business is just now in a most flourishing position .

      Joint-Stock Companies. At The Half-Yearl...

      JOINT-STOCK COMPANIES . At the half-yearly meeting of the St . Kuthorlno Dock Company , a dividend of 2 * per cent , for the nix months , as recommended in the directors' report , was agreed to . ' The annual mqotlng of proprietors of the London o »» i County Bank ia . convened for the Ord February . The annual meeting of the North British AuBtrnlasinn Company is called for the 31 st ( not ,, when a dividend Is to bo declared .

  • Citation
    • Leader (1850-1860), Jan. 22, 1859, page 26, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_22011859/page/26/