Northern Times. — Liverpool, Merseyside, England, 1859-08-20 00:00:00

CORK PICKLED BUTTER. _ WALTER A. HAY3IAN, 4, Chapel-street Apply to ON SALE 50 Tons SULPHATE BARYTES, 14 Tons Devon SHINING ORE, of very superior quality. Apply to GEORGE WILLIAMS, 32, Dale-street ON SALE, 40 PIPES LEMON JUICE, English pressed). Apply to THOMSON, ( BAGNALL, and BUTTERWORTH, 30, Moorflelds. MONETARY AND COMMERCIAL. FRIDAY EVENING The sales of Cotton to-day were about 7,000 bales, including 1,000 on speculation and for ex port, the market having closed quietly at a decline since this day week of Id. per lb. on the cleaner and better sorts of American, and at a greater reduction on the sandy and dusty quali ties. Brazils have also a downward tendency, and Egyptians are slightly easier ; Surats are 1-16 d., and in some instances dd. per lb. lower. The total sales of the week were 33,970 bales, and the imports 60,165. The stock in Liverpool is 657,950 bales. Messrs. G. Holt, in their circular, say The pause in buying from the trade during the past fortnight, and the moderate demand for Cotton gener ally, has had its effect upon prices. Our market has again been very dull throughout the week, and, as holders continue to show the same disposition to sell, we have to report a further reduction in prices, amounting to:from 1-16th to 4d. on the "middling' and common qualities of American. The low dusty sorts are difficult of sale at the extreme decline, while the better grades are scarce, and command the quotations of last week. Surats have only been in moderate demand, and partake also of this decline, and the same may be said of Egyptian and Brazil Cotton. We now quote "middling" - Uplands, 6yd. ; Mobile, 7d. ; and Orleans, 70. The Committee of Brokers place "fai r " -Upl an d s , 79d. ; Mobile, 70. ; and Orleans, 84d. The less' favourable accounts from India, acting to some extent on trade in Manchester, have no doubt had some influ ence in causing our present quietness and depression. The accounts from America are very favourable for the growing crop. 3,740 American are reported to have been taken on Speculation ; 1,690 American, 1,270 Surat, 50 Madras, 870 Egyptian, and 100 Pernam, for ex port ; so that the deliveries to the trade for the week have been about 26,250 bales. An advance of from Q to 1 per ce n t. h as t a k en place in the Liverpool Stock Exchange during the past week, and although there has not been much business done, the gradual tendency of the market has been of a hardening character. The follow ing are the day's transactions :—Lancashire and Yorkshire, 951; London and North-western, 941, =,l; Midland, 1051, ; Dovers, 22k. In the market for the Public Funds and Securities to-day there was a somewht better feel ing ; and although the actual business doing was limited, prices at the close were k per cent. higher than on yesteday, Consols being quoted at 951 to 9 5t for both money and the account, and the New Threes at 96 to 96k. Exchequer Bills were quiet at 23 to 27 prem. The London Railway Share Market, to-day, Opened very quietly, and with a moderate busi pnZeaseing ttards There as a slight improvement in quoted at 831 to 4 the B close. Caled onians w ere 95i to 951; Londonan , d Lancashire and Yorkshire Midland ion, t o 1 , 06 , N_orth-western 941 to 95; There is no revival ,of-Dove.rs. .751, markets for General produces to notice in the d Th . e Sugar market and prices ha e v a e echne . d 6d. during remains dull, quiet,in unl without alters_ the week. Molasses rem ' Lion in price. Holders of have submitted to a decline of 2d. per gallo n . There are no sales No new feature has presented itself in the Cotton market during the past week. The crop accounts from the States continue most flattering, whilst the advices from Manchester with regard to business have scarcely been so good. The demand for Cotton has been only moderate , holders being wishful to progress with sales, have offered their stocks very freely, and buyers have had the advantage of id. per lb. on the middling and better qualities, and id. per lb. on the ordinary descrip tions of American. Brazil, very dull; Maceios, kd. per lb. lower; Egyptian, without change; Surat, 1-16 d. per lb. lower. The weekly sales are 33,970 bales, of which 3,740 are on speculation, and 3,980 for export. LIVERPOOL PRODUCE MARKET.—AUGVsT 19 The demand for Sugar continues very limited, the sales being confined to 15 hhds. grainy Demerara at 425. 6d., and 50 hhds. Porto Rico at 41s. 6d. to 435. 6d. per cwt. - Nothing has occurred in Molasses ; only a small par cel of Rum reported at previous rates, and there are no sales to notice in Coffee. We have had rather mere inquiry to-day for Rice ' • 1,650 bags Bengal have changed ha n d s at Hs. 9d. for old bold, and 10s. 9d. to 12s. for new ; a cargo (9,000 bags) of Necransie afloat has also been placed at 9s. 9d. per cwt., open charter. The Jute (250 bales) offered at auction was all damaged, and sold at proportionate rates. We have also to report 200 bags Bombay Linseed at 508. per quarter. DYEWOODS.-20 tons Laguna Logvvood at per ton. iiRYSALTERIES, &c.-5 asks Sicilian Argols at 70s. Small sales of Tartaric Acid, Is. 71d. per lb. ; 220 bags Palermo Sumac at 1 ls to 13s. ; 50 bags Baltimore Bark at 7s. ; 320 bales heated Gambier at 16s. 9d. ; 50 tons Brimstone, thirds, at £8 2s. 6d. to seconds at £8 10s; 40 tons Nitrate of Soda at 14s. to 14s. 6d. ; 50 barrels Pot Ashes at 265. 6d. ; 5 barrels Balsam Capivi at 2s. 4d. per lb. Oms, &c.—Palm £43 10s. to £44. Tallow dull, P. Y. C. 565. North American 555. South American 6 38. to 555. Lard steady, from Os. to 575, good re fining to extra; sales thereat. Lisbon Seed Oil, small sales at 375. Olive Oil quiet, but firm at the advanced prices; 10s. to 20s.' per ton on Common Oils over last week's quotations. 140 barrels good medium Rosin at Bs. to Bs. 6d. per cwt. A few barrels of Spirits of Tur pentine at 345. per cwt. PIG IRON.—No business done. Market closes with sellers at 535. cash, and 535. 3d. one month open, with buyers at 3d. less. LIVERPOOL CORN MARKET -AUGUST 19 The arrivals from Ireland and coastwise since Tues day are confined to moderate quantities of Oats and Oatmeal ; and from foreign ports they are now very limited. The weather has been unsettled, and heavy rains have fallen every night, but, the days being fine, there has not been much interruption to harvest opeia'- tions. The demand for Wheat and Flour has been on a moderate scale, without much variation in prices. Oats and Oatmeal continue to decline. In other articles there is no material change in value or demand. This day's market was pretty well attended, and an improved demand was experienced for old Wheat, a con siderable quantity being taken for interior consumption at the extreme rates of Tuesday. Flour also met a somewhat better demand, at full . prices. Oats and Oat meal continue languid and declining. Barley and Beans were in slow request, at about previous rates. Indian Corn met about the usual retail demand for feeding pur poses, at former prices. Weather very fine and hot. IMPORTS AND El From the 16th to the 16th A PORTS ,ugust inclusive CURRY, KELLOCK, and CO., BROKERS FOR THE SALE AND PURCHASE ,orerB OF SHIPS AND STEAMERS, SHIP VALUERS, AND APPOINTED BROKERS TO THE HIGH COURT OF ADMIRALTY, Walmer-buildings, , Water-street Apply to Postponed from Thursday, the 11th instant. On Thursday, the 25th inst., at Twelve o'clock, at the Brokers' Office, Lancaster -buildings, Tithebarn-street, 450 Singapore Buffalo lIIDES. 150 Dry West Coast G. F. MARTIN & CO., Brokers. On Thursday, the 25th instant, at Twelve o'clock, 100 Bags ORANGE PEELS CASTOR OIL, L,x e Dream, 71 14 Bags SQUILLS, j ex Leda, 2 Bales CARRIAGE SPRINGS, 1 Box SCAMMONY, ex Palestine 20 Barrels BALSAM CAPIVI, ex iyrer, 6 Bales SARSAPARILLA, ex Edwards. 23 Barrels Cayenne POD PEPPER, 1 Box Essential OIL OF PIMENTO. ACKSON & M'CULLOCH, Brokers 18, Hackin's-hey. On Friday next, the 26th instant, at Twelve o'clock, at Browne, Hunter, and Co.'s Office, 2, Dale-street, 800 Bales JUTE, BROWNE, HUNTER, & CO., Brokers. Apply to On liatt. ON SALE, SELTZER NASSAU WATER, ON SALE, CELEBRATED I G A It S Fresh and direct from the Brunnin. H. W. BUCKNALL, 4, Exchange-alley North AND CO., VEVEY, Apply to S WI S S [OP MESSRS. ORMOND IN BULK, IN BOND, OR DUTY PAID, In any quantity not less than 500. 11. W. BUCKNALL, Importer and Sole Agent, 4, Exchange-alley North. 6226 d Apply to TO EXPORTERS AND THE TRADE M. SALOMON, Importers of eve r y d escr i p ti on o f „ TOYS, LEATHER GOODS, MUSICAL INST RUMENTS, F NCY MERCHANDISE and TOYS of Every Kind, Whole sale and for Export, 73 and 75, DUKE-STREET. The above goods can be had in bond. On (Sgt. FOR SALE. The handy Brig NORTH STAR; 4 ,:'4• length 101 feet, breadth 23 f ee t 5-10 t h s, dept h 1 3 \ feet 5-10ths, 247 ton s reg i s t er , b u il t at Nova Scot i a PL,:';olf; in 1854, and is now classed .2E 1, is sheathed with -- zinc, whichis in fair order, and will be found, upon inspection, a very desirable vessel for the coasting, or any other trade her size may suit; lying in Brunswick-dock. For farther particulars, inventories, &c., apply to M. J. WILSON, 6, York-buildings, Liverpool. ON SALE, The Ship NABOB, .*.• length 144 feet 3-10ths, breadth 30 feet 5-10ths, PL.,V,!: A. , depth 20 feet 6-10ths; built in the United States - - • in 1845 ; has just come out of the graving dock, where she has been thoroughly overhauled, boottopped, and newly sheathed with yellow metal, and is now classed A l in red for five years ; • had a new mainmast put in ; she is a large carrier, and is well suited for the Australian or other trades. Lying in Salthouse Dock.—For furtherparticulars, inventories, &e., apply to M. T. WILSON, 6, York-buildings, Liverpool. tths to report in Coffee. _The demand for Cocoa con tinues good, at last week's rates. The market has been steady for Rice. For Tea there is a fair demand for all kinds of Congous up to ls. 6d. ; but for those ruling above that price the market is very inactive During the week the business doing in the Pro vision Trade has been limited, and prices of Beef, Pork, and Bacon are again lower. Cheese main- thins late rates In the Corn Trade there is a quiet consumptive business, at steady prices for Wheat and Flour, but at lower rates for Indian Corn. Holders of Wheat show considerable firmness, but buyers are cautious. At to-day's market, millers paid full prices for small quantities of Wheat. Flour was firmly held. Indian Corn was neglected. The London Wool sales were well attended to day, a nd a full average quantity has changed hands, partly for exportation, at very full prices. THE LONDON STOCK EXCHANGE. LONDON, Friday Evening. The Funds to-day showed increased firmness. A fresh improvement of / per cent. has taken place. The government broker has taken another parcel of £15,000 stock for the Savings' Banks. In the Share Markets firmness likewise prevails, though business continues limited. The scrip of the New Russian Loan is more offered and has declined to y to / prem. The New Indian Loan is quoted 981 to I, being steady. Consols are officially marked 951 toe for money, and 951 toe for 7th of September. The present quotation is 951 toe both for money and the account. The Three per Cents. Reduced have been dealt in at 95=4 to 961; the New Three per Cents., at 951 to 961; the Indian Four per Cent. Debentures, 1859, at 95; India Bonds, at Bs. dis.; and Exchequer Bills, at 235. to 265. prem. Turkish Stocks are still inquired for, and retain a tendency to improvement. The Loan of 1854 is quoted 83 to 84, and that of 1858, 731 to 741. Russian Four-and-a-Half per Cents are marked 98* to• 981, being lower. Venezuela Bonds are rather flat. THE FUNDS.-CLOSING PRICES. Consols, Money , 95 1 - 1 „ Bank Stock... .225 , Account 94 II- Three per Cents 96,1 Exchequer Bills 23 27 RAILWAY SHARES.-CLOSING PRICES Amb. Not. &E. J. 6 1 Caledonians .. . : 831 4 Dutch Rhenish . . Eastern Counties. 571 East Lancashire. Edinburgh & Glas 73 74 Great Northern ..101 102 „ A. 82 84 Gt. Westerns. . 5:4 60 G. Wes. of Canada 14 1 I Gd. Trnk. of Cap. 8t- Gt. S. and West.lo3 105 BANK OF ENGI (From Last 2V Lancas. & York.. 951 I L. &N. Western 94-i 6 L. and S. West'n 91 1 Leeds Northern.. 43 I 47 =- Man. Sheff. & Lin 35-b. 6 4 Midland Stock ..105 1 61 North British ... 581 I N. Staffordshire.. S. E. & Dover .. 75311 York, New.& Ber 893 York & N. Mid.. 713 ISSUE DEI AND RETURNS righe s Gazette.) ART) ENT DIBXT. 2 Notes issued 30,859,605 CREDIT. E Government Debt.. 11,015, 100 Other Securities .... 3,459,900 Gold Coin and 1 16,384,605 other Bullion ... £30,859,605 I BANKING D: £30,859,605 , EPARTM ENT DEBIT. Proprietor's Capital 14,553,000 Rest 3,440,262 Public Deposits 6,229,336 Other Deposits 14,240,460 Seven day and other I 845,733 Bills CREDIT. Govt. Securities 11,209,668 Other Securities 18,291,096 Notes 9,183,485 Gold and Silver Coin 624,542 £39,308,791 £39,308,791 C • INTO XI 0 PP C. H 0 LIVERPOOL, mom Qrs. Qrs. Qrs. Qrs. Qrs. Qrs. Lds Sacks. Bris. Ireland 8 . . 189; 14 ... ... 1615 402 Coastwise Canada & otherßri. CoLout of •• • •• • •• • ... 625 1340 ... „ Europe... Europe,&c. 1 . 4 Egypt INTO Runcorn - - Total 8 12 1897 1816 884 1618 1633 452 ... --- - EXPORTS TO For. Parts . 6 ... 250 ... .' . •50 .. . . . Ireland 1095 75 . 8 . . 382 112 Coastwise Commercial Sala. NEXT WEEK On Monday next, the 22nd instant, at Twelve o'clocli Brokers' Office, 12, Lancaster-buildings, About 1,000 Bales Medium and Fine ROSIN, from th —Apply to ANTHONY WOOD & CO., Br On Monday next, the 22nd instant, at Twelve o'clock, at Brokers' Office, 1, Oldhall-street, 250 Tons MANGANESE, containing 72 per cent. of Peroxk now landing ex Britain's Pride, from Huelva.—Apply to N. WATERHOUSE & SONS, Broken en Tuesday next, the 23rd instant, Hunter, and Co.'s Offic( 200 Bags Bomb Dale-street, INSEED, RAPESEED, MUSTARDSEED. BROWNE, HUNTER, & CO., Broker Apply to On Tuesday next, the 23rd instant Brokers' Office, 12, Lancaster-buildings, 30 Bales Italian HEMP, lying open for inspection in Baxter's, William-street.—Apply to ANTHONY WOOD & CO., Brokers. t Twelve o'clock On Wednesday next, the 24th instant, at Twelve o'clock, 29 Casks Spanish Red ARGOLS, eI Mary Warren. Apply to JACKSON & M‘CULLOCH. Brokers, 18, Hackin's-hey. On Thursday, the 25th August, at Twelve o'clock, at Browne, Hunter, and Co.'s Office, 2, Dale-street, 2,000 E. I. TANNED KIPS. BROWNE, HUNTER, & CO., Brokers. APPIY to Apply to Compared with the returns of the previous week, the above shows the following results : Active Circulation Bullion Rest Seven-day and other Bills, Other Deposit Government Securities Other Securities Notes unemployed Cash to liabilities, •§l Mill Rate of interest 2 per 21,676,110—Decrease , 17,009,147—Decrease, 3,44o,262—Decrease. 845,733—Decrease. 336,945 222,741 3,350 10,577 14;240,460—Decrease 11,208,572—Increase 18,291,006—Decrease 9,lB3,4Bs—lncrease 461—Increase cent. No change 435,459 1,096 183,462 13,540 FOREIGN EXCHANGES, Amsterdam, short, . . Do., three months, Rotterdam, do., . . Antwerp, do., . . Brussels, do., . . Hamburg, do., . . Paris, short, . . . Do., three months, . Marseilles, do., . . Frankfort, do., . . Vienna, do., . . . Trieste, do., . . Petersburg, do. . . Madrid, do., . . . 11 14 to 11 14' 11 161 to 11 1 6 11 16 to 11 16 1 25 27 2 to 25 324 25 27 to 25 32 13 to 13 6 25 7 2 to 25 15 25 35 to 25 40 25 35 to 25 40 1171 to 117 g 11 95 to 12 5 11 95 to 12 5 341 to 331 491 to 49 LIVERPOOL STOCK EXCHANGE.—AuctusT 19, CLOSING Ches. & B'head.. 787 4 Caledonia Stock... 83g- 841 E. Counties 11! 111 E. L. Stock .... G. N. Stock . . .. 100 102 Great Westerns 60 xd 60 1 Lan. and York .. 95- 5 95 1 Lon. &Nor. West. 94H 947,- „ a-shares 1 3-16 1 1-16 d M. S. and Lincoln 35 1 .8 35-1 Midland Stock .. 10511051 Nor. British Stock 59 60 L:VERPOOL COTTON MARK .T.-AU GUST 19, This week Price paid Cur Prices Description. this week mid. fair. Stock Import Sales 360 Sea Island... Aida 21d 121 d 0 131 15466 5560 Upland 1 2 4630 Mobile " . . 15-16 • • 588540 , 4 20168 17490 New Orleans 3,, 9 74 81 4959 680 Brazil 7l 91 , 8 84 18970 4925 2100 Egyptian . . 7 11 7Z § 20340 West India — 7 • 1 180 14647 3150 East India 3l 61 4y 51 29920 60165 33970 Total 657950 LONDON PRODUCE MARKET.—AUGUST 19. SUGAR.—The market has been very dull this week, and, although the importers have brought forward but small quantities for public sale, yet a decline of 6d. has been established on good qualities ; offers were not made within fully ls. of last week's prices, on the ordinary qualities. COFFEE.—The public sales, which comprised a fair quantity, went off steadily at full prices. TEA.—The amount of business done has again been PRICES : small, yet prices have been supported by the firmness of ers. North Staffordsh. 4 1 xd 40-d ho R Id ICE.-A limited business done at about previous N. E. Ber. c. Stck 891 xd 891 rates. Yorkcapital Stck 711-' xd 72 Rum.—Prices have been fully supported this week. Leeds Stock . . 43k xd 43a SALTPETRE.—This article has again experienced a S. Eastern . .2n- 22 11-16 slight decline. Dutch Rhenish .. 5 qd COTTON.—A small business only done at previous rat( s. Gt. Luxem. 6k - 61; Spices sold steadily at about last week's prices. G. T. CanadaB 11-16 8 13-16 Drugs sold without spirit at last week's currency. G.W.Canada 14= - 4- 14i In other articles no material alteration, but markets „ new shares 54 Sid generally have been dull this week Lomb.-Venetian . 2 2p new shares 2 a 21p GLASGOW IRON MARKET.—AUGUST 19. The market was steady to-day at 525. 9d. per ton for all descriptions. 4- The following appeared in a part of our impression of yesterday : (From the Daily Hews City Article.) The Funds closed to-day 1-16 to k per cent. better than yesterday, with a tolerably firm appearance in sympathy with the more cheerful tendency of the Paris Bourse. The Share Markets were likewise firm though inactive. There were no bullion operations at the Bank to-day, but the steamer Vectis has taken for Lisbon 45,200 sous. withdrawn from that establishment. The shipments of specie by the steamer Ceylon, which will sail on Saturday, are unusually large, amount ing to £710,053. The whole of which is silver, except £9,074 in gold. The demand for money to-day was again languid. The rate in Lombard-street, for the best bills, did not exceed 2 a per cent. (From the Times City Article) THURSDAY EVENING.—The English funds opened this morning without alteration, but immediately experienced a slight improvement, which was maintained. The amnesty in France is regarded only as an indication of the confidence of the Emperor in the increased popu larity of his rule since the realisation of foreign con quest, and that it can therefore scarcely be accepted in any degree as a guarantee for a pacific policy in future. The Railway Market continues inactive but firm. In most of the leading British stocks an advance of 4 to per cent. has taken place. The directors of the Caledonian Railway recommend a dividend for the past half year at the rate of 31 per cent. per annum on the ordinary stock. PROSPECTS OF THE MONEY MARKET The Times says that although the Money Market is decidedly easier there is little expectation that a rise in the rate of discount to 3 per cent. will be deferred for many weeks. Hitherto the Continental demand has been fed by supplies from America and Russia ; but the last advices from New York state that the Exchanges were taking a less favourable turn, and this, with the Russian loan, will affect the two sources of recent supply simulta neously, Meanwhile the shipments of specie to India and China are likely to be continued, and the heavy expen diture of the national defences must make itself felt ; but with all this, the prosperous harvest will prevept any changes, other than those of a very moderate character. , EASTERN COUNTIES RAILWAY DIVIDEND The forthcoming dividend is officially announced at th,e rate of 2,+; per cent. per annum, leaving about £4,000 to be carried forward, against 34 per cent. per annum at the corresponding period of 1858, 1857, and 1 per cent. per annum in 1856. NORTHERN DAILY TIMES. LIVERPOOL PROVISION 'ARKET.—Auc BEEF : The market is again lower, especially f inferior descriptions, - without leading to increa business : holders are very pressing sellers, and 1 in consequence hold back, anticipating a furthc duction. ror the ase of buyers Dr re- PORK 18 also lower daily, but the price does not yet seem sufficiently low to attract buyers of quantity, and in the meantime the stock continues to increase. BACON.—At a reduction of ls. to 2s. per cwt. there is a moderate retail inquiry, but present prices of American are only maintained because the stock is light, as Irish and English cure are relatively cheaper. LARD.—The advanced prices asked check business, and the sales for the week do not much exceed 50 tons. CHEESE.—There is a good demand, at steady prices. • MANCHESTER TRADE REPORT.—AuGusT 19. The tone of our market generally is weaker than on Friday last, business being much curtailed. East India goods and yarns have given way, the former id. and the latter id. per lb. In other branches there is no quot able change, but less firmness prevails. LONDON CORN MARKET.-AUGUST 19, In Mark-lane to-day the attendance of the trade was fair, and the tone steady, but quiet. Prices of most articles of the trade were unaltered. The supply, of home-grown grain was small. The imports of foreign grain into London since last Monday were reported this morning as nihil of flour, small of wheat, and rather large of oats, and nihil of barley. WHEAT.- 2 -Englisisolfini•etail at last Monday's prices. Foreign unaltered. English white, 40s. to 48s. ; red, 355. to 435. per quarter;_ Dantzig and Ko ' - nigsberg, 425. to 565. per 494 lb. • Rostock, 425. to 50s. ; other Baltic ports, 40s. to 46 5 . ; French, 38s. to 425. FLOUR firm in value, but quiet in demand, at last Monday's prices. Town, 355. to 435. ; Norf o lk, 30 s . t o 31s. per 280 lbs. ; French, 30s. to 335. per 280 lbs. BARLEY quiet, at about last Monday's rates. English 245. to 345. per qr. ; Baltic, 245. to 275. ; other sorts, 235. to 275. per qr. OATS quiet, at about last Monday's rates. 13ritish, - - 20s. to 30s. per qr. ; Russian, Baltic ports, 225. to 275. per qr BEANS.—English and Egyptian quoted nominally as last Monday. English, tick, 365. to 425. ; harrow, 425. to 465. per qr. Foreign, 40s. to 50s. per qr. Egyptian, 335. per qr._ _ _ ?Is. to 235. per qr. ; other Pins.L-Nothing doing ; nominally quoted at last Monday's rates. English, boilers, 48s. to 50s. ; hog and grey, 38s. to 425. ; foreign, white, 48s. FAILURE IN THE COAL TRADE The balance sheet of Messrs. E. and A. Prior, coal merchants, was presented yesterday, at a meeting of the creditors. The liabilities are stated at £83,988, and the assets at £17,726. The CHAIRMAN said it appeared that the losses from the regular business of the firm amounted to about £20,000, while those from gas contracts, transactions in shipping, &c., reached £53,000. The capital of Messrs. Prior, on their commencing business in 1854, was only £2,400. MANCHESTER SHARE MARKET, AUGUST 19. Leeds, 951 ; Dovers, 201 9-16 ; Midlands, 105-1 ; Sheffields, 354; Trunks, 8 13-16; Eastern Counties, 11 7-16. LONDON CORN MARKET.—AucrsT 19 Weather hot and close. Wheat steady and unaltered, both off coast and stands. Flour same as on Monday. Maize rather dearer. Barley, good feeding, in demand. Beans, Peas, and Oats, all slow sale. WAKEFIELD CORN MARKET -AUGUST 19 A good supply of new and' old Wheat meets a fair demand at last week's rates. For best samples common qual•'ties a slow sale. Other articles as before. A mo derate attendance. BOROUGH HOP MARKET.—Auct. 19 We continue to have a very dull inquiry for all kinds of hops, and prices rule uncertain. The accounts from the plantations are very favourable, and the duty is freely backed at £255,000. Picking will become pretty general in about ten days. TO CORRESPONDENTS, Under no circumstances can we insert communications not accompanied by the author's real name and address, not necessarily for publication, but as a guarantee of good faith. Short letters are encouraged on matters of public interest. They should be legibly written on one side of the paper only, and contain (in confidence) the writer's name and address. Norttm e6imts SATURDAY, AUGUST 20, 1859, The Luton magistrates have committed James Castle on the charge of wilful murder. He cut his wife's throat on Tuesday week, on the road from Hertford to Luton. from America, and has his banquet at Rochdale. He had been travelling where all clever English- men pretend to go for experience ; he had come back, not only to find himself the elect of an unsolicited constituency, but welcomeu by an equally unsolicited off er o f a sea t i n the Cabinet He had, moreover, refused to enter those charmed but troublous waters, where he tells us none but noble or gentle fry had ever been allowed to swim before ; and, in obedience to the dictates of his conscience, had rejected the supplication of a lord to sit among lords. Having achieved this pitch of republican virtue—to which we do not be grudge the credit it is worth.—and also the sometimes doubtful prestige of a six months' travel in the States, it is fit that Mr. COBDEN, like other great potentates in the world of matter or the world of mind, should have his ovation. He has also obtained the favour of a great many of his countrymen ; and after the interreg num of the last few years, there is a tinge of novelty in his leadership. It is right, therefore, he should tell his patrons, or his followers, what he has learnt, what he has done, and what he means to do ; on what terms he accepts their sup port, what they have to learn in sympathy with his views, and what they also must do for the cause which he represents To do Mr. COBDEN justice, he does not seem likely, from his first public appearance since his return, to realise the character of " the travelled fool," whose misused experience is nothing but the food of vain pretension or of arrogant opinion. We give him every credit for having taken ad vantage of the warnings that have been so frequently advanced against the adverse recoil upon English Institutions, of the intoxication of flattery, of which strangers in America have been too often the unfortunate victims. We had grown tired of the cosmopolitan simplicity, which having been stuffed full with the best side of American politics and American manners, had fatally shut its eyes to their most glaring evils, and had even proposed to England- for imitation what natives themselves too often recognised as their worst defects. We applaud Mr. COBDEN'S discernment, in that he tacitly acknowledged and appreciated this ; and above all, his growing good taste, in perceiving what after all is an obvious truth, that a flattering reception among strangers damages one's impartiality as an observer and a critic. Indeed it is possible that a closer acquaintance with American Institutions has taught Mr. COBDEN a different lesson from that Mr. BRIGHT has imbibed, not so much from theoretical and distant observation, as from mor- bid and unpatriotic instincts. It is probable Mr. COBDEN has learnt that a Republic is not the abode of all that is infallible in theory, much less of all that is pure in administration. He may have learnt that a 1114.11 mast go forth from his study into the world, and modify impractica ble theories, before he ever becomes an adequate judge of any human systems,—but of political systems most of all. He may reflect that perfect theories had been elaborated, and had become the common heritage of mankind, long before the Manchester school of politicians had found, like HAMLET, that everything was out of joint, but blessed, instead of cursed, themselves that they were born to set it right. The enunciation of perfect theories is of all things the easiest, just as of all things it is generally the most useless. Each of us, no matter how weak, how sin -stained, how perverse .he may be, can do it for himself a thousand times a day, and a thousand times to no purpose. What we want is a machine which will work among men who possess a fatal ten dency to fall short of, to kick against, or even to resist and revile, the perfection of theory. Which will work the greatest amount of average good among an average community. Which will go down to the business and bosoms of men, and not float above their heads as an object of contem plation, or even of praise. Which will adapt itself to the greatest number of conflicting conditions, and fit into the greatest variety of individual and class peculiarities, and not into the " oughts " and the " musts "of mere optimists and dreamers. To form such a machine, time and circumstance are the best artificers ; and it is the glory of the British Constitution, that it is to these safe and silent workmen it is indebted for its " homeliness " and its beauty, its " shapelessness " and its compact ness, its " clumsiness " and its power. But of what use is such a reflection as this, unless we learn that these same builders of the Constitution will be its most effectual and safest reformers,—that under their sifting and gentle touch progress will not be so much reform as its own innate growth, and the inevitable developement of its own life-giving principle ? It is not because they view with alarm or disfavour this natural and wide -spreading growth, that Conservatives resist the journeyman precipitation of such peddlers as Mr. BRIGHT and Mr. COBDEN—Or Mr. COBDEN as once he was, — but because they feel that to antedate the work of :time, and to anticipate the moulding power o f circumstance, is at best to tag on to the machine, improvements which may look well to the eye, but which can only clog its working power, and destroy the harmony and equilibrium of its parts. Let no foreign model, then, be laid aside the British Constitution. It disdains the 'prentice hand of the servile imitator. Let those who have models to lend out, or theories to practise on, address themselves to those Constitutions which have come ready-made out of the brains of their inventors, and which, having been of a month or two's growth, may to-morrow as quickly and as easily give way to an improvement. The nation whose instincts or whose habits lead them to AUGUST 20, 1859. provise political systems, as they would the char- ter of a provincial corporation, may afford an experiment or two. One more or less is only a For us it matter of curiosity, or of convenience, THE DAY'S NEWS . Of Continental news there is nothing very important to-day. The French journals contain accounts of the reception of the Emperor and his Empress at Tarbes. It is said that the Empress Eugenie is enciente. The friends of Italian freedom are said to be uneasy at the presence of the son of the deposed Grand Duke of Tuscany in Paris, and on the other hand it is reported that the Emperor of Austria is getting very impatient at the delay in the ducal restorations. Affairs will not be mended by the projected fortifications at Antwerp, which are exciting increased attention. At Paris it is expected that, as soon as the Bill now before the Belgian Chambers has passed, a decree will appear in the Moniteur for the formation of an Army of the North, to consist of 60,000 men, with head quarters at Lille. It is said that orders have been sent to Marshal 'Valliant, who commands the French still in Italy, not to allow the troops to receive ovations from the Italians, but to maintain a reserved attitude. The Parma Gazette announces that the govern ment of the Duchy has given orders for the pur chase :of 4,000 muskets, and invited the officers and men of the Corps Riflemen of the Alps, who have been disbanded, to take service under Parma. There are some slight tokens of better govern ment in the Papal States. A correspondent writ ing from Rome, in announcing the retirement of Cardinal Antonelli, says that concessions of a more important nature are expected to be promulgated immediately. The Government printing-offices in the Quirinal Palace are hard at work in the preparation of the long-desired motu proprio, which is to announce to Rome and Italy the conditions upon which the Supreme Pontiff has consented to join the Confederation. The printers have been obliged to take an oath of secrecy, and every precaution is observed to prevent any revelation of the text of this docu ment before the day of its publication ; but ru mours are of course afloat; and amongst other heads the most accredited are those of a general, but not quite unlimited, amnesty—administrative and financial reforms —an army of 25,000 men, 15,000 of whom in active service, and 10,000 in reserve, for federal duty. The provinces to be divided into five legations, having their seats of government at Bologna, Forli, or Pesaro, Mace rata, Perugia, and Velletri, each to be presided over by a cardinal with lay delegates. Nothing very much more extended than this can be hoped for from the Papal Government, unless under greater pressure than the Emperor Napoleon appears inclined to apply just now, and therefore it is very probable that the above conjectures are not far from the truth. The last bulletin states that the King of Prus sia is gradually becoming exhausted. There is a general impression at Constantinople that, as soon as the Emperor Napoleon has dis posed of the Italian question, there will be some striking manifestations of French policy in Tur key. By telegraph from Aden, we have Calcutta ad vices of July 16. The King of Oude had been released. About 5,000 of the European forces in Bengal had received their dischage. There had been an act introduced into the Council imposing new duties on stamp receipts and bank notes. Yesterday, the trial of Dr. Smethurst came to a conclusion. The Lord Chief Baron finished summing up at one o'clock, and the jury con sidered for three hours, returning a verdict of "Guilty." He was then sentenced to death. The half-yearly meeting of the London and North-western Railway Company was held in London, yesterday. The report was adopted, after the chairman giving a variety of explana tions ; and a dividend was declared at the rate of 41 per cent. The meeting was then made special, and the agreement respecting the Bir kenhead Railway approved of. Mr. Hall, the aeronaut, who fell from a balloon a few days ago, died yesterday, at Newcastle, from the injuries he receiTecl. LOUIS NAPOLEON comes home from Italy, and has his Paris fetes Mr. COBDEN comes home would be ruin. --....- ISH Statesmen have reason to congratu late themselves that they have nothing to do with the settlement of Villafranea, either in its preliminaries or its consequents. Ever since the abrupt suspension of hostilities, it has been a pUzzle to the most acute, to define the exact state of Italy and her provinces, and of the existing NAPOLEON and FRANcis JOSEPH. Everything looks like peace,—the Emperor of Austria has returned to Vienna, and is iniating reforms in the army and in the State ; the spirit of revolution which the war was exciting in his dominions, has silently subsided; and KOSSUTH, instead of being invited as an ally, has only been mocked and deluded, or else drawn into his enemy's net, and left there. As relations between for Louis NAPOLEON, he has already hung up his arms in the temple, and pleaded with the god the claims of his valour. France rejoices and makes merry at the return of her AUGUSTUS just absent long enough to make her feel how much she owes him. All is flattery and gratu lation in the halls of the Tuileries—all is laudation and tossing up of caps in the streets of the city. The mother, whose darling was left behind on the plains of Italy, catches a smile from the Emperor, and is proud ; the wife, who has lost her husband and the means of living, is dotted down for a paltry pension, and her miseries are supportable ; the soldier, who parades in the pageant his mutilated limb, settles himself for a comfortable old age of meditation on Italian glory and the gene rosity of the Emperor. Even the pri sons are to give forth their lean and wasted denizens, who had become acclimated to misery, that they may swell the chaunt of gratitude. Even in the remotest haunts of exile where the proscribed crept and cowered beneath the eye of Imperial hate and vengeance, which seemed as though it penetrated even to these far recesses, is heard a sound as if of angels in the air pro claiming a new era of peace and goodwill to Frenchmen. The generals of the army are only warned lest the rust of peace should dim the memory of what they had done, and what they are still able to do. All speaks of a campaign accomplished, —an object attain ed,—a victorfwon. It is peace evidently. Bring forth the crown. I pete, unguentuin, puer, et coronas. Let the conqueror's laurelled head rest upon a quiet pillow. Yet, how stands the case ? True, the pleni potentiaries at Zurich are carousing at the ban quet, and crown the glass to the toast of LOUIS NAPOLEON. True, the 15th of August—the limit of the truce—is passed, and the pen is out, not the sword. The company of princes, their envoys and ambassadors, are still the happy family, who wonder how they could ever quarrel Yet it is not peace which is signed, but the armistice which is prolonged ! As we are told NAPOLEON'S genius distinguished itself by a deviation from precedent on the battle-field, so we suppose it will similarly startle the world in the once crooked paths of diplomacy. Accord ing to all analogy, hostilities are only sus pended, yet France has shut her temple of Janus, and drags the captured standards of Austria in the dust after her triumphal car. When the Ar mistice expires, should the conditions they are still wrangling about have afforded no agreement, a renewal of the war needs no preliminary, nor the further courtesy of an ultimatum. Yet the army is disbanded, and diplomatic notes are going all over Europe, informing the credulous that the armaments of France are again on their well known peace-footing. These are contradictions which it is impossible to reconcile. A plain man would suppose, that the difficulties and perplexities now raging in the council-chambers at Zurich, offered an easy pros pect of decision only to a potentate ready in case of necessity with the arbitraments of the sword. If the cause of " Nationalities " was ever the real motive which made Louis NAPOLEON arm, never was there more need to be armed than now. If the last, six months' despotism has been enacting a solecism merely, and not a flagitious pretence, and the cry of Italy has really penetrated the ear of philanthropic tyranny, then is that cry louder than ever, and stronger as the last chance is dying out The future perma nence and oppressiveness of Austrian rulo in Italy, the formation of a strong basis which shall give a new vantage-ground to her sway, depends on the present course of diplomacy, and the events of a month or two. Yet the " Liberator of Italy,' and the man who is trying to make the best bar gain out of her patriot hopes and her abject helplessness, are very good friends ; with so much confidence in each other's sympathy and intentions, that they can afford to coquette over their differences, and bow away each others and durable scruples. Since the Bth we are told, the Con ference has done nothing. But the obstacle to work has been only a foolish sentiment of etiquette on the part of Austria, with regard to the cession of Lombardy ! Verily the scruples of Princes must be refined and impalpable some- - things, belonging to a region far beyond the analogies of the affairs of common mortals, thus to suspend the hopes of a whole people, and even the attention of all Europe day after day, till questions of precedence and punctilio are arranged. But, it is only on ordinary grounds of reason ing and anticipation that all this is inexplicable. The true explanation will probably be found by the venturesome politician, who follows up Louis NAPOLEON into the dark designs which inau gurated the present crisis, carried it on as far as'