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58 ;THE; LEABEE. [^°- 439, January 8,185...
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HOME, GQ^ONIAIi, & FOREIGN PRODUCE MARKE...
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REVIEW OF THE WEEK. . Mincing Lane, Frid...
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BAILWAY IHTEL-LX GENCE.
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The Great Western Railway Company have ....
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Brighto^ axd South-Wf.stei»j Railways.—T...
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
Additionally, when viewing full transcripts, extracted text may not be in the same order as the original document.
58 ;The; Leabee. [^°- 439, January 8,185...
58 ; THE ; LEABEE . [^ ° - 439 , January 8 , 1859 .
Home, Gq^Oniaii, & Foreign Produce Marke...
HOME , GQ ^ ONIAIi , & FOREIGN PRODUCE MARKETS .
Review Of The Week. . Mincing Lane, Frid...
REVIEW OF THE WEEK . . Mincing Lane , Friday Evening . Business was resumed throughout the markets on Tuesday , and the first operations of the new year have been characterised by those features -which have been most commended as contributing in no small degree to the healthy progression of trade in the year preceding . Both the buying and selling have been regulated solely by actual demand and supply , and current values , as usual under the circumstances , graduate to their
legitimate level , without any of those ,, wide fluctuations-that are always against the general interest of the bondjide trader * With matters in this sound and healthy position , the political influences which have acted so powerfully in some quarters have had little effect here . As , however , the peace of Europe is necessarily ah essential requisite in the full development of trade , it can scarcely be even menaced for any lengthened period ¦ without being ultimately felt . The aspect of the political horizon is therefore viewed with considerable interest , and not without anxiety , although the generally expressed opinion leans to the more hopeful side .
Corn . — -The market opened on Monday with the usual limited supply of English wheat , and the demand being decidedly more general , a . ready clearance was effected at prices establishing an advance of Is . to 2 s . per quarter ,., an improvement that has been fully sustained in subsequent markets . Prime old white brought 50 s . to 52 s . ; select new , 48 s .. to 50 s . ; good runs , 46 s . to 47 s . ; choice old red , 45 s . to 46 s . ; prime new , 44 s . to 45 s . ; runs , 41 s . to 43 s . ; common , 39 s . to 40 s . per qr * Foreign , of which the imports were also moderate , were held with increased firmness : the primest Dantzic , 55 s . to 56 s . ; good , 51 s . to 53 s . j Brabant and Louvain white , 45 s ; to 47 s . ; red , 44 s . to 45 s . ; French red , 41 s . to 43 s . ; St . Petersburg , 4 ls . to 42 s . ; Stamboul , 35 s . to 36 s . Flour has met a good steady demand at fully late rates : town
made , 40 s . ^ households , 32 s . to 34 s . ; seconds , 29 s .. to 30 s . j ISTorfolks , 28 s . to 29 s . per sack . The value of French is still well supported , the quantity offering being limited . American brands range , from 22 s . to 25 s . ; sour , 20 s . to 21 s . per barrel . Grinding barley is easier to buy , in consequence of the recent large import from the Black Sea ; 23 s , ia the top price of good qualities . Malting barley is , however , steady in value , and the quantity of fine oh offer somewhat short . No quotable change has taken place in the value of malt , in which a fair amount of business is passing . The better qualities of beans lave sold rather , more readily . Peas are still dull of sale , partly in consequence of the mild weather . Oats are in steady demand , and choice sweet corn is the turn dearer .
Seeds . — The quantity of linseed on offer has been much reduced , and prices are steady , but the week ' s business has been upon a moderate scale only . Black Sea seed is worth 52 s . 6 d . on the spot , and Calcutta 51 a . 6 d ., cost freight and insurance . Bombay seods bring 45 s . for fine . Clover-seed is firm , with only moderate supplies . Potatoes .. —The markets have , been fairly supplied , and trade steady , at the quotations . York regents , 80 s . to 100 s . ; Scotch , 70 s . to 80 s . ; cups , 50 s . to 60 s . ; Belgian , 60 s . to 70 s . j Dutch , 60 s . to 60 a . ; French , 45 s . to 60 s . per ton . Live Stock . —Trade for every description has been more active , and quotations are generally 2 d . to 4 d . per stone higher . The following were the numbers at market and . the current prices ; —
Monday . Beast . . Sheep . Calves . Pigs . 3 , 005 13 , 050 110 300 Ss . lOd . to 6 s . Od . Ss . lOd . to 5 s . 2 d . 3 a . Cd . to < ia . 8 d . 3 s . 0 d . toiis . 8 d
Thursday . 850 3 , 550 125 150 3 s . lOd . to Bs . Od . 3 g . l 0 d- to 5 s . 4 d . 3 s . Gd . to 4 s . 8 d . 3 a . 0 d . to 3 s . 8 d . Provisions . — 'The dead-meat markets have not been overstocked , and both beef and mutton havo realised somewhat better prices . Veal and pork remain as before To-day ' s quotations -were—for beef , 2 s . 8 a . to 4 s , 2 d . j mutton , 2 s . I 0 d . to 4 s . 2 d . ; veal , 3 s . 8 < L to 4 s . 2 d .: pork , 3 s . 4 d . to 4 s . 4 d . per stone . Sugar . —Good strong refining qualities have met a steady demand at fully 6 d . per owt . advance , but growing Madras and Benares sugars havo declined 6 d , to Is . per cwt . The general position of the market
rior grainy , 44 s . to 48 s . 6 d . ; grocery , 41 s . 6 il . to 43 s . ; 13 , 000 bgs . Bengal , low to good in id yellow Gurpattah date , 37 s . 6 d . to 40 s . 6 d . ; white Benares , 45 s . to 48 s . 6 d . ; Grainy , 45 s . to 48 s . 6 d . ; 1250 bgs . Penang , 39 s . to 40 s . "; 700 Ticls . 200 brls . Cuba , Miiscovadoe , 39 s . to 44 s . 6 d . ; 1270 bxs . Savannah , low'Voft to good strong yellow , 39 s . to 44 s . od .- ; white 50 s . to 52 s . ( 3 d . per cwt . 5500 bgs . cloyed Manilla at 32 s . Gd . to 35 s . 6 d . ; and two floating cargoes Havannah , together 2775 bxs ., Nos . 10 and 12 at 27 s . 3 d . and 28 s . for the United Kingdom . Tea . —There has been little doing all the -week , but the public sales to-day evidenced a good current demaud , and of 8400 pkgs . put up , 4300 were sold , inclusive of 2500 printed " without reserve . " Black leaf congous were in many cases id . per lb . dearer , and all other descriptions brought full prices .
Spices . — No change has occurred beyond a slight improvement in the value of black pepper , in which a good business has been-done at 3 fd . to 3 . jd . for good Sumatra . Coffee . —Prices have advanced Is . to 2 s . per cwt ., and the market is firm at the rise . The public sales have offered a fair supply , consisting principally of fine marks , and desirable qualities generally . Plantation Ceylon has realised 69 s . 6 d . to 82 s . < M . ; for low middling small to good bold blue , and Go ' s , to 68 s . 6 d . for fine ord : to fine fine ord . ; native Gey Ions , line ord . to superior hold , picked , 54 s . to 56 s . ; good , and very good ord ., 50 s . to 52 s . ; Jong berry mocha , 92 s ; to 92 s . 6 d . ; Bahia fine ord . pale , 47 s . to 48 s . ; crushed , 52 s . The statistical position of tlie market is regarded as favourable to holders , stocks being light aud the consumption large , and prices moderate .
Cocoa . — -The market is still dull , but sales are not pressed in the absence of demand , . and quotations arc therefore tolerably steady Rice . —Soft grain , descriptions have been purchased to a fair extent at fully late rates to 3 d . advance , but in other qualities but little is doing . The market in general is , however , firm . SaijTPEtke . —Increased supplies haying been brought , to public sale , prices have declined Is . per c \ yt . Refractiori 16 £ to 4 £ , sold at 36 s . to 40 s . per cwt . Cochineal . —The public sales have been somewhat numerous , but do not appear to have exceeded the demand , and quotations are advanced Id . to 2 d . per lb » The buying is , however , induced more by the anticipation of deficient crops than by any immediate extension of consumption . .
Saffloweb , with which the market lias been better furnished , has sold with some uneveimess , but current quotations are unaltered . « Jute . —About 7000 baled have sold this week at the full value of 15 / . 7 s . 6 d . for common short , to 20 / . 2 s . 6 d . for good bright . Cotton . —The markets are dull both hero and at Liverpool , and prices are slightly in the buyer ' s favour . In the former market the week ' s transactions nro merely nominal , large supplies in public sale being chiefly bought in for want of demand . At Liverpool the week ' s sales are 34 , 500 bales . Hemp . —Both East Indian and Russian arc in limited request at former prices .
METAL 8 .- — -Manufactured iron is unaltered , but Scotch pig has declined tp 6 3 s . 9 d . An increased business is , however , reported from Glasgow , at the reduction-. Copper firm . Burra Burra , 113 / . to 1147 . Lead more saleable . British pig , 22 / . 5 s . to 22 / . 10 a ; W . B . 23 / . per ton . Spelter is easier to buy , and sales made at 28 / . for arrival .. Foreign tin has advanced to 130 / . for Banco , and , 128 / . for Straits , and now a farther rise of 20 s . is asked on the latter . The stock in London is 970 tons . Plates are not altered . Oiia . —Beyond a continual demand for eperm , which has made 92 / . in public sale , no now feature has occurred in this market .
Tallow . — -After a long and . unfortunate stagnation in our general export trade , there is every appearance of a coming' large demand for British mnnnfncturoa , and thiB day ' s intimation of the pacific vfows of the French Government strengthens the idea . Our stocks of tallow being moderate , not more than equal to our wants , wo may fairly expect steady prices for the noxt throe , or perhaps four , months ; for our foreign supply up to that period ia set down at less than it was last your . Wo cannot attempt to show how much the speculative contracts open for March may influence tho prieo ; neither is it our duty to touch upon the various circumstances which may affect the market during tho next summer and autumn , ns these latter matters altogether belong
to another etato of things , and do not interest oithor tho present holders or consumers . Within tho pnst few daya there has been a good deal of business doing both for forward delivery , settlements , & c ,, nnd for consumption , and the prico bae risen a trifle . We lonvo off firm At 52 a . to A" 2 s . 8 < 1 . spot 5 52 a . Jan . to March buyers ; 62 a . Qd . March alone ; 51 a . ffd . to 51 a . Od . April to Juno ; 61 s . 8 d , to 51 s . 6 d . Oct . to Dec . The accounts from St . Petersburg quote a trifle loss for August , 166 10 'down . Exchange , 3 < 3 f . Tho pubilo sales yesterday went off briskly at full prices . South American , 63 s . to 53 s . 9 < 1 . \ extra fine , 65 a , to 55 s . Od . ; Australian , 60 s . to Ols . f town tallow , 54 a . 8 < 1 . ; rough fat , 2 s . lOd . ; melted stuff , 88 s . Od .
remains unaltered . Consumption progresses satisfactorily , and otocka are not exceasivo , nor are anticipated supplies greater than expected requirements . Tho production of Louisiana , "which was estimated eomo time ago at 400 , 000 to 45 Q , 0 O 0 hda ., ia not now calculated at over 800 , 000 hds . Porto Rfco and Havannah ato set down , at last' year ' s ayorago . From the East Indies ttn excess of £ 0 , 000 tons ia looked for , but the Britleh West Indies will , it la thought , fall short 20 , 000 tons . Tho future courHo of prices haa , tliorefore , every appearance of stability . The principal transactions-this week havo comprised 2 { J 00 lids . West India ; Barbttfloes , low to flno yellow , at 88 s . 6 d . to 44 s . 6 d . ; 13 . 000 tow . Madras , good ; midallpg to awpo-
Bailway Ihtel-Lx Gence.
BAILWAY IHTEL-LX GENCE .
The Great Western Railway Company Have ....
The Great Western Railway Company have . issued a notice that they hay « " made arrangements for the daily conveyance of goods by rail throughout to and from . Manchester . " It is rumoured that ; thi 3 -Company- ' -will bo in a position , with the aid of the balance brought forward from the last half-year , to pay a . dividend at tho rate of 2 £ or 3 per cent , per annum . The half-yearly meeting ; of the London , Brighton , and South Coast Railway Company is called lor the 27 th inst . The retiring directors offer themselves for re-election .
Tlie attendance at the special meeting of shareholders in the Great Luxembourg Company , held at . Brussels on the 20 thHit ., having been insufficient to empower the directors to issue obligations to the amount of 320 , 000 / ., another special meeting i 3 called for the 24 th inst . in that city . A call of 21 . per share ( being the fourth ) , and making , with the deposit , 01 . per share paid , has been made by the directors of the Ottoman Railway from Smyrna to Aidin . It is to be paid on the 19 th inst . After that dato six per cent , interest will be charged .
The North Eastern company have proposed to complete the purchase of the Hull and Selby Raihv . iy , giving the shareholders tho option of accepting North Eastern 4 per cent , stock in exchange for their shares in the Hull and Selby , at the rate of 1127 . 10 s .. of sirehstock for every 50 / . share in the Hull and Selby , or that amount in money . \ , At the meeting of -shareholders in the Illinois . Central Railway Company it was announced that Mr . pa-bOrn ,
the President , lias tendered his resignation . A resolution accepting it was withdrawn , after some discussion , action in the matter being left to the committee . A f-um ci ' about 150 , 000 / . is required to . meet the obligations of the company during the present :. y . ear . The proceedings included an interesting speech from Mr . Richant Cobdoriwho took a favourable , view of the prospects , of the undertaking . The report of Mr . James Caird is highly satisfactory .
Brighto^ Axd South-Wf.Stei»J Railways.—T...
Brighto ^ axd South-Wf . stei » j Railways . —The dispute between these two companies came formally before the Vice-Chancellors' Court on Friday , when Mr . Rolt , upon the application of the London , Biigliton , anJ South Coast Railway , obtained an injunction , restraining the South-Western Company from running uvtr tho disputed portion of . their .- railway . until the arbitrator , Mr . Harrison , has decided iipon the terms on .-which the traffic from the Godalming and Havant Railway id ' be allowed to pass into Portsmouth . French Railways . —The works' of the branch line from Lisieux to St . Lo , on the line from Caen to Cherbourg , are continued With great activity . The ruck through which the road is cut , opposite the Castle ui Agncaux , is being reduced by degrees , and the passage id nearly complete . The construction of the bridge over the Virc has been interrupted b y the water of this river having made its way into the foundations . Tho works are more advanced at Pont-Hubert than in tho neighbourhood of St . Lo . A new bridge has been built : t short distance below Pont-IIdbert . There arc about -tOO men employed at tho work . Tho directors of the Northern . Railway have prepared the plan of the now station which is to be built next spring at St . Qnentui . It is said that it will bo a grand monument , three timo . 3 larger than the Strasburg Railway terminus . Tho works of the railway which is to connect St . Qiu / nttn with Rouen , through Amiens , have been , commenced . The railway from Paris to Nqvers is likowisu in progress of execution , The works arc considerably advanced nt tho two extremities , Ncvers and Foptaineblcau . Liaiulit y of Railway Companies . —At tho Small Debts Court lost week the Glasgow nnd South-Wi-. stern Railway Company were sued for breach of contract : — A boy , residing at Millikon-pnvk , had purchased ft seconded n 83 eenaon ticket to enablo him to attend s-choul at GJnsgow , nnd travelled thither by a particular train . Tho company withdrew the aocond-clnaa carriage from that truin , and insisted that lio should travol in n . thlrdclass carriage , or pay tho diilbrenco between tho wcoiul and flret-claaa faro to ride in a first-class carriage Tlio company pleaded that they wore entitled , by their regulations , to muko -what alterations thoy ploanud In their trains . The Sheriff said Unit , although tho company might nltor tho hour of tho train , or even withdraw it altogothor , thoy could not , as in this onso , continue tho trnin and withdraw tho class of carriages running ut tho time tho contract was mado . Railway Ratino . —An appeal by the South-Kustcrn Railway Company against -a poor rato inndo for the parish of Battle on tho 1 st of July , 1808 , w « n he « nl before tho Lowos magintratea at tho Quarter Serious on Tuobtlay last . After hearing couiibqI on bolh nUlof , t » o ra ( , p waa quashed , and tho parish juljuilgod to pay tuo cosita of the company . „ ,.,.,. MAuaisrcuBB anu Toui-ok Raimvav . —Tho ^ ' ' w of PuWlo Work * haa informed tho oontrautorn lor tm < ionatniotlpu of tho railway that ho doslroa it may bo flnJahoa by tho end of April noxt . and that it mny uo opened , to tho public In the beginning of May-
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Citation
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Leader (1850-1860), Jan. 8, 1859, page 26, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/cld_08011859/page/26/
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