Northern Times. — Liverpool, Merseyside, England, 1859-03-28 00:00:00

THE SPRING ASSIZES. CROWN COURT BEFORE MR. JUSTICE. WILLES The learned judge took his seat on Saturday morning, ad nine o'clock. The jury being sworn, the folloWing was were proceeded with : CHILD MURDER BY A MOTHER.—Agnes Bradley was charged with having caused the death of her infant son by the administration of laudanum. Mr. Fenwick prosecuted, and Mr. Simou was retained on behalf of the prisoner. The prisoner in this case was a married woman, and in appear )out 40 years of age. It appeared that, for some er the birth of the child, the mother had been in a of mind; and, on the morning of the 25th 1856, Dr. Stattor was sent for to see the child, - SATURDAY weak Decc and I .nd it to be in a dyin, ad given anything: to the child, and she said she had laudanum by a sucking bottle. The child died, said she was about to be hanged, and thought ) send the child to God before she was hanged. A 'ent examination was made on the body, and it was that landanum had been the cause of death. His Lordship el of not guilt rry, who at once r believinir, the mother to be insan 2: the act. ned a verdict e at the timc ultDEß.—Mary Conlan, aged 16, was indicted mg murdered her new-born female child, at Liver -. on the 9th December last. Mr. Aspinall nrisoner had been a servant, and about she left her service. On the 3rd Dec. ited herself for admission at the Liverpool In- Jomplaining of a pain in the chest and difficult , - She was admitted, and remained there of that month. On that day the dead body of a child was discovered between the under sheet of her and the bed. The child was full grown. His Lord -(1 the jury, remarking that it was for them to try she had in any way caused the death of the chili, or simply tried to conceal the birth. The jury returned a verdict of not guilty of the murder, and guilty of concealing the birth of the child. His Lordship, taking into con sideration her imprisonment from the 11th Dec., sentenced -nrisoment with hard labour. Edmund Howard was brought pool Infirmary prosecuted._ I charge wheth N ovember Isor to one month's 11U_ PASSING BAD MONEY d with having, on the 12th February, at I a counterfeit half-crown and inlawfully ut dI knowing them to be base, and with having If-crown in his possession when Attorney-General, Q.C., and Mr. cobbett, appeared for the prosecution, and Mr. Scott for the defence. It appeared that the prisoner had passed off the money in ale-houses on the day above-mentioned, but had not been detected till after he had left. Mr. Scott addressed the jury on behalf of the prisoner in an able speech. His lordship summed up, and the jury returned a verdict of guilty. He was sent to prison for twelve calendar months, with hard labour. another counterfeit - ha arrested. Mr. Bliss, King, ag passed off ANOTHER BASE COIN CASE.—Henry years, was brought up on a charge of having three bad half crowns at Denton, on the 25th of February Messrs Bliss and Cobbett prosecuted in this case also. The prisoner was undefended. The coins had been uttered in :ale-houses, as in the foregoing case. After a long hearing of the case his lordship summed up, and the jury returned • verdict of guilty. The prisoner was sentenced to 18 months' imprisonment with hard labour. BIGAAY.—Simon Kent, 40, pleaded guilty of having 'usly married Elizabeth Davies, at Llanelly, in Wales, his former wife He was sentenced being still aliv to . one month's imprisonment. CoIiCEALING THE BERTH OF A CHTLD.—Sarab. White head, aged 17, residing at Tottington, Lower-end, was with unlawfully endeavouring to conceal the birth 23rd of January, and Alice Whitehead, r to Sarah Whitehead, was also charged in abbettor in the offence. Mr. Fernley appeared The evidence went to show that both ind the younger prisoner of her child, on th aid 42, mot with b E ne plac She had been -ob; le left t hat point, hut thought there were other questions to go to the jury. Mr. James then addressed the jury, contending that there had been no evidence given of negligence upon the part of the railway company. He urged that the address upon the goods was not correctly given ; that the company were misled by it ; that under the circumstances it was the duty of the consignee to have called for the goods ; and that as the defendants could not find the proper person, the course they pursued, in storing the goods in their yard, was the necessary and proper one. Witnesses were called to prove that none of the employees of the railway com pany knew anything of Mr. Samuel Mayall ; that they be lieved the goods to be directed to a Mr. William Mayall, and made various inquiries among the waste dealers of Oldham about a person of that name, but could find no such person. Under these circumstances the course which it was thought most proper to parsue was, to plaee the goods in the company's yard ; and the company alleged that every proper and reasonable, care had been taken of them. The jury found for the plaintiff, with damages £25. His lordship gave the defendants leave to move. FRANCIS V. HAWKSLEY. THE RIVINGTON PIKE SCHEME..—This was an action brought by Mr. Absalom Francis against Mr. Hawksley, the eminent engineer, especially known in Liverpool in connection with the Rivington Pike scheme. Mr. Brett opened the proceed ings ; Mr. James, Q C., stated the case. He said the plain tiff, Mr. Francis, jun., was an engineer, and the defendant, Mr. Hawksley, was a very eminent engineer with respect to water works, and who had the chief control of that great scheme which was so much agitated in the town of Liverpool during several years, and had since been carried fully into effect —what was commonly called the Pike scheme. During the course of the prosecution - of that scheme great diferences of opinion existed in the Town Councirof Liverpool, and among the inhabitants at large, which led to the procrastination of the works, and their occu- Wring a much longer time than originally contemplated. The plaintiff was employed at the beginning of the scheme at Rivington by the Corporation of Liverpool, at a salary of five guineas a week, and during the time they were pro secuting their scheme in parliament he was paid the ordi nary amount paid to gentlemen of his position —two guineas a day. In October, 1848, the plaintiff was employed, at the recommendation of Mr. Halyksley himself, to go to Glasgow, for the purpose of superintending the construction and moulding of pipes by various contractors in that neigh bourhood. The pipes were to be used in carrying out the great Pike scheme. He went there in the — month of October, 1848. Owing to the scheme having been so much opposed, the scheme was not prosecuted as vigorously by the Corporation as it would have been under other circum- Originally it was thought that 18 months would stances, have sufficed io finish the pipes, but for the reasons men tioned, the plaintiff was kept in Glasgow until the 6th of March, 1852. He claimed from the defendant a guinea and a-half per week during that time, being in all £278 153 6d. He was to be paid by the Corporation three guineas a week. Mr. Hawksley being the engineer to the Corporation, it was most important to him that he should have his interests looked after by the inspector appointed to superintend the execution of the works for the Corporation in Glasgow, and therefore with the full knowledge and approbation of the Town Council he agreed to pay the plaintiff a guinea and a-half per week, out of his own pocket, in order that the plaintiff might look after his interests also. For that amount the plaintiff now came into court. The pipes were completed in 1852, and the plaintiff then left Glasgow, He applied to Mr. Hawksley to be paid, but Mr. Hawksley told him he had not then any claim, as the contract was, that the pipes should be proved to be good. The plaintiff was forced to submit to this, as such was in fact the effect of the contract, and he had therefore to wait until some time in 1857. The pipes were found to answer the 'pur pose, and everything was correct. The plaintiff again endeavoured to obtain from Mr. Hawksley the payment of the amount, and various attempts were made by him, to that end, but without success. Ultimately he was driven to bring his action in that Court. The defendant had paid )f the claim, that he was never indebted, and also a set-off turdav evoun Mr. James then read the correspondence in the case, which consisted principally of letters from Mr. Hawksley to Mr. Francis. Much amusement was created in court by ling of some pass, s in the letters, which iaents made zi some of the Liver- useless, and tha Ir. Hawksley urge the pipes burA like el- had acc was caused to t Lie Scotch houses by such libels,' which the Liverpool papers published " for purposes of their own," and referred in especial to the Liverpool Journal. Ir. Hawksley added, however, the consolatory reflection f no authority." yuriial was known to be a pa cquired the distinctive title of Irish witticisms," in " ludicrouS allusion to the name and the country of the proprietor." (Great laughter.) Many passages of the correspondence referred to the dis putes going on in the Town Council upon the Itivington scheme, and some in particular were dwelt upon by Mr. JaMPS. in whir}, ;4. ,presarPti Francis against complaints r r in th Town Council, in order to show the high . . opinion 'tabled of his character and abilities. Mr. Francis, the plaintiff, was examined, and deposed as to the nature of the services he had to perform in Glasgow, the distances he had to traverse— especially the fact that once in every week he had to go to Kilmarnock, a distance of 30 miles—and the manner in which his whole time was occupied. Mr. Atherton, Q.C., who appeared with Mr. Miilward for the defence, said there was no question raised as to those facts. The question was— what was the bargain made ? The examination was con tinued, and the letters from the defendant to the plaintiff, 1849, January, 1849, March. 1849. April. of February 1849, and October, 1849, were, read, showing what the nature of the- agreement wa for the purpose of Cross- examined by Mr Atherton, Q.O The action is carried on _ I have not made it over to Mr. Quick. I was indebted to Mr. Quick, a gentleman in the Town-clerk's office. I have undertaken to pay him out of this claim, if I receive it. I shall have to pay it, whether I gain this Nrmfield. The latter was sentenced to six action or not. Mr. Quick has n o t i n t er f ere d w ith M r . _ _ _ _ lt AT ELTON William Bleakl Hawksley in reference to this claim otherwise than as ; he has spoken to Mr. Hawksley about-it iend ofwitn having assaulted in Draper, on the 4th ins Mr. Quick finds the funds in this case at least d r portion of them, lam aware that Mr. Quick delivered a statement of my case to Mr. Hawksley, but I do not know whether the statement produced is the document or not. There was a promissory note of mine passed to Mr. Hawksley for £BO, dated March, 1852 ; I have not paid anything upon that note. Mr. Hawskley did not tell me that my engagement in reference to _ the cashing would not exceed eighteen The prosecutor and the months. I believe Mr. Ilawksley had no pecUniary interest in the pipes, and that the only interest he had in their manuracture was as it concerned his own character igineer. To - His •Lordship : paid me three guineas a-week 52. Mt Ind reputation as an The Liver A Corporatio' TTawl id which contained the expression that "Mr liability for the extra salary would cease fror ier letter from the plaintiff to Mr Hawks ). AT read, winch. in ley that a depu Town Council, consisting. of Messrs substai e extra amount mination, plaintiff stated Mr. Hawkesley, in 1852, 0 from larv . will tended, I the view c He commented in very sued by the plaintiff by - the stau I he should be. ate: a certain document in evidence, to d '.)e cora-, up' to the 6th of - March, le. Atherton cross examined the plaintiff as to a letter from him to the Town clerk of Liverpool, dated in June, 1849, in reference to the continuance of the extra amount of salary which he- wa , receiving, ,-,-- ' aou uoposect that when he first arranged with plaintiff abo going _to Glasgow, he explained to him what hiS dt would be, and the time in which the work was to pleted by the specification ; told" him it was to be within eighteen months, of which already some little time had fun, ' reducing it to about. fifteen months. The plaintiff objected that the duties would be very Et , duous, and the pay very small ; witness said it was very small but ' he could not get the Lan7,stlal A' salary with the other return - till Monday at breakfast hour, when )bserved to be in a very different state from the left on Saturday. On her going back to work she d about her child, and she said she had none, and she w time sl was V.s_, a pnv joining t body was then in such )f decomposition that it could not be ascertained if Ike child had been born alive, but it was full grown. The atmger prisoner had given birth to a child, as appeared rum examination by a medical gentleman. The jury eliberated for a short time, after which they returned a guilty ag linst Sarah Whitehead, for concealment sted Alice Whitehead not guilty, as there was not sufficient evidence t show that she lad been implicated Sarah was t to prison for six weeks with hard labour, and her mother brought, up, anusud with having ha e of J A Taylor, Mr. Cl sundry tarts, pies, and other eatables. —nay prose cuted. On the night in question, a policeman observed the prisoners coming from the direction of Mr. Taylor's house, about half-past two o'clock. One of them had a pair o' clogs under his arm, • hich excited the suspicion of th he questioned them as to where they were zoing They s id they - were going nowhere, and were coming from They were taken into custody, and on being the key of the scullery was found in the pocket of 1. There were marks of the prisoners having tried rate further into the house, but were stopped by a Bo pla SOI2CII I ArMfiC kicked d The mode of effecting an entrance w LordsE ).way a portion of the window of the scullery. fib in summing up, said there was strong evidene( [ler Armfield, by his having the key in his pocket wheth, at` it would be a question for the jury' to say he other prisoner had been in the house. The ned a verdict of not guilty against Maloney, and ealend j Hie way. ik AY ROBE lea tog€ prosecui prisoner Hopwood prosecuted was disc I been drinking in the same public-house, an r. It was alleged that the prisoner knocked th town, and took fifteen pence from him. Tb ted that on leaving the publi4 ; house both wer ie money was 10E 1 a verdict of not guilty, and the prison it was owing to tha ien adjourned till ten o'clock on Monda ATURDAY 3yles entered the Court at nine o'clock, an LANCASHIRE AND YORKSHIRE RAIL 1: Yorkshi Monk, Q M n, a lar act to Mr ae rn t 1 xy company had been , pany declin the fact ddresse ided ti that th all, and lie pps ) lie, M ) to the In furd tat he had b, I re eel ly, and to proceed with my du nt for eighteen months, al )eeially upon the.plaintiff .erk in Jim ice of a resolution to stop all expenses in the .ve him a promissory for that amount. ToMr. James ved a communication from Mr. Hawksley somewhcr summer of 1849, direetino. m.. t. I think it was received by n 1819, in which yon that Mr. llawksley had written ;ed upon tt 3 His fOi:cisi; THE NORTHERN TIMES MOND" MARCH 28, 1859 water committee to give • any more ; witness added, how- I ever, that if plaintiff would look very closely to the piping he (Mr. Hawksley) would give him a guinea a week, out of his own pocket ; plaintiff agreed to those terms ; witness told him his employment would be up to the end of the eighteen months; witness had no interest in the matter, except as regarded his 'own reputation, and that only because of the controversies which were going on in Liverpool and because if any slight accidents should happen to any of the piping, statements of a very offensive character would be made by some of the Liverpool newspapers. After the expiry of the eighteen months, witness never renewed the extra salary engagement. Plaintiff still continued to communicate frequently with him as the Corporation engineer. The document produced was given to witness by Mr. Quick. Cannot remember the plaintiff making any intimation with reference to that document, and the statement it contains. Had conversations with Mr. Quick on the same subject. To Mr. James : lam sorry to say lam not indemnified by the Corporation. I know that they did not pass a resolution to indemnify . me—at least no such communication was made to me, but just the reverse. (Laughter.) Mr. Atherton then submitted that he was entitled to read passages from the statement of Mr. Quick just referred to, in order to show an acknowledgment, authorised by the plaintiff, of the debt of £BO within the period of the statute of limitations. Mr. Atherton added that in reality this was an action brought by Francis for the benefit of Quick, his Lordship expressing some doubt as to the allowability of such a course. Mr. Atherton said he would call Mr. Quick who was now in the court. Mr. Alfred Quick examined : Mr. Francis was and is my debtor, the debt began in 1848, and continued up to five or six years ago to accrue. When Mr. Hawksley first engaged him he borrowed the money on the faith of the engagement. I have com plained to Mr. Hawksley of the hardness of my case. The only interest I took in the transaction was to indemnify my self. I know the document produced. It is a statement which I made out. I gave a copy to Mr. Hawksley, and a copy to Mr. Venn, who was then employed be the Corpora tion, but is now practising as an attorney upon his own account. I drew up that statement to induce Mr. Hawks lew to pay the money, and Mr. Hawksley frequently said he would. lam sure I did not communicate that statement to Mr. Francis ; I had no authority from Mr. Francis to make that statement, but I had authority from him to settle with Mr. Hawksley if I could, and I took that course, because I thought it expedient. What Mr. Hawks- ley said I think was this —" I will do anythin g to oblige you, but I will not pay Mr. Francis." To r. James: Whatever authority I had from Mr. Francis was in writing. The letter produced (dated 7th Jannary, 1849) is the only authority I received. His Lordship having taken the letter referred to, said he thoughtit took the promissory note out of the statute of limitations, even without the statement written by Mr. Quick. The letter contained the following passage : " If he were to offer me £5O, after paying you and himself £lOO, the bill and interest in full, I should be induced to accept it." Mr. Atherton and Mr. James having replied on either side, his Lordship summed up at considerable length. The Jury returned a verdict for the defendant. His Lord ship gave leave to move. The Court then rose. LivEnrooL POLICE INTELLIGENCE -SATURDAY BEFORE MR. MANSFIELD WHEN SHALL WE THREE MEET AGAIN ?—Officer Boyd, 403, brought up Samuel Frost, car-driver No. 506, who drives car No: 618 for George Brumby, charged with being drunk and incapable of taking care of his horse and vehicle, &c. The prisoner looked very unlike a car-driver, inasmuch as he was well dressed and respectable, Mr. Bluck appeared for him. Boyd said, at half-past seven o'clock on Thursday . evening he was duty in Chapel-street, when he saw the prisoner with the cab, which he was quite incapable of taking care of, as he was stupidly drunk ; he had aMr Osborne—who had come from America by the Kangaroo—in the cab, and was accompanied by " a gentle man with a scarlet coat," who gave the sable name of "Kettle," and —1- 'I he was a sl' 'ff who salt, __ aentr s runner. Mr. Osborne was very drunk, and so was Mr. Kettle, and Boyd thought the best thing he could do was to book the two latter for safety, which he did. Mr. Bluck's ingenuity had not much scope for display in this case, as the whole affair lay in a nut-shell. Mr. Kettle came forward and swore that he was sober as one of the judges, upon whom his master, the sheriff, was in attendance, and '" _ that the defen dant Frost, was even soberer still. The bridewell-keeper who took the charge was called, and stated that, Frost, Osborne, and Kettle, were about the drunkest men he ever saw. Frost was stupidly drunk, Osborne was insensibly drunk, but Kettle was dead drunk. His Worship fined Frost ss. and costs, and ordered him to be reported. " BEATING" THE TELEGRAPH. -It is said that lightning and thoughts are the only things that beat the telegraph ; but Miss Dora Burns has a knack of her own of beating the telegraph. Thomas Edwards is a little Cupid, belong ing to the artificial electric news depot, and on the pre✓ious night, as the little Mercury stated, he had been supplying are called so in Mackay ? as the vf LLwc c•litubs .erely, sheets of printed paper. He was sauntering up Lord-street, after doing the important duty of "delivery," thinking of his supper of bread and cheese, when Miss Dora Burns came up to him, and, without saying By . your .leave," or " How do you do ?" gave him a fladdcrdang in the side of the jaw that nearly sent him into the " kingdom come," or part of the way into the middle of next fortnight. A police officer who happened to see the affair, at once took the liberty of capturing her, so that she, after " beating" the telegraph, was regularly beaten by him. The prisoner said the boy tore a feather out of her hat, but this was denied by the lad, and the officer also said the boy did not even touch her. She was fined £1 and costs, or to be imprisoned for one month THE WAY THE " DUST" WENT.—A well-dressed young girl, named Ellen Leonard, who lives at 23, Crosshall- ;, was charge( 1. having stolen 4 ozs. of gold dust, and a brooch value £7, the property . of one John Harrison, a Somerset man, just come from the " digg,ins." Mr. Bluck was for the prisoner. Harrison ' although a young man, was apparently a fellow that had " roughed. it" pretty strongly. He came here from Melbourne on Sunday ; took up his abode with the prisoner on Monday ; went to the theatre on Tuesday; and on Wednesday there was a "dust" kicked up in the house, and out of a quantity that he had, 41oz. of the real " dust" was gone, and also the brooch. On cross-examination by Mr. Bluck, the " disger" said the brooch had his likeness in it, and he got it made in Melbourne of the first gold that he got at the " diggins," with the intention of bringinc , it home to his " layde love" in Somerset,- but he found the sun had set on it for the present, although he would give " untold gold" for its recovery. He had several 'hundred pounds in drafts. and money, but none of that was gone. It seemed that the prisoner's brother had left the house with, the, dust, and it was supposed he took the brooch also. The prisoner was remanded until Tuesday. STEALING WRECKED PROPERTY. —William Weedall, the master of the flat Thomas, John Hough,• and Sarah, his wife, were charged with having stolen a lot of cotton prints, handkerchiefs, and Manchester goods, value over £B, the property of the underwriters. Mr. Bluck appeared for,the prisoners. From the evidence of an excise officer, and police officer 545, it seemed that the prisoner Weedal was the master of the flat, and that the other two prisoners were employed as " hands" on board. The boat was engaged to take away wrecked and other property from the burnt Dutch ship Equator, and in doing so he managed to conceal a iot only in the boat, but also at his lodgings, treet, Park. It was stated that the other pri sted him, as they . belonged to the flat. The woperty found on board and in the house was produced in :ourt. Mr. Bluck cross-examined the several witnesses, and then contended that no matter what offence the man might lave committed, the woman was not chargeable with any )ffence, inasmuch as one of the men was her husband, and ourse, in point of law, she was not guilty. His Worship 1 in this ; and discharged the woman, but remanded for further examination. luantity, Varf.raret soners a: 3RIGHT ! AND " THE " BUTTERMAN ! ! •" Villikins and his Dinah.") f a famed merchant who in Liverpool does dwell, lks with Butter who want it to sell ; arce need be told, ijii is Kelly Ortii all your silver and gold 3utt' r-ii—Butter-] as weighing out Butter one day, EFORM BRIGHT, and to him did say, your shop Kelly, and with me away, d you a place with no work and good pay Singue—Butter-li—Butter-li —Butte T, that wont suit m, pltte" I do not feel hi pay I will Singin' .11 you who want butt •er don't.by no means lue fot t' —Butter-li- ght replied f your best. Itter-li--Butter-: Low where to buy it, ed to " ; shy/" it and the Shadow " is the title of th and so on, increasing the rate of premium a half per cent. for every increase of a half per cent. in the Bank of England rate of interest. [lt should be observed that, according to this scale the company would regularly, discount its own bills at the rate at which the Bank of England would discount corn mercial bills.] _ _ _ sth. The Company should not receive deposits or make advances at fixed rates of interest, but should reserve the right of simultaneously increasing or decreasing the rate allowed to the whole of its depositors, and charged to the whole of its debtors, whenever a change in the state of the money market may render it desirable to make such increase or decrease in the rate of interest. Under the provisions described in the last• two clauses the company would be able to make advances to bankers without any other limit than that of the security provided, and would never have occasion to recall a loan so long as the security remained good, and the borrower paid the required rate of interest. Instead of recalling or limiting its loans, during a stringent condition of the Money Market, the company would raise the rate of interest on its deposits, to any level that may be necessary to draw into its coffers the required funds, and would equitably distribute the expenses thus incurred amongst the whole body of its debtors in the form of an increase in the rate of interest charged to them. In making these advances to Bankers the company would have ample means of keeping the currency bills in circulation. The currency bills herein described would rank as legal tender for the payment of debts, from all per sons who chose to stipulate that their debts should be payable therein. As it is always a sine qua non with a dealer to get rid of his goods, no dealer would ever object to such a stipulation. Ido not mean that dealers would accept such a stipulation when it involved an evident loss. There would be no necessity for their doing this, because, if the bills of the company should be below par at the time of a purchase, it would be, a simple matter to add a cor responding percentage or premium to the invoice of goods. In like manner, if the notes should be above par at the time of the purchase, it would be equally easy to make a corresponding discount from the amount of the invoic It would not be nec this description in relation to ev A letter from a seller to a I would always r would cover Iry to ml he stipulations of sOnarat purchase payment_. in currency contracted aft unless cancelled toy some future stipulation company .could provide a printed that dat tter or hich leiter. could provide circular lbr thi that all debts contracted between the parties immedi- ately concerned, should be payable in currency bills, subject to the same rate . of discount or premium that may be borne by the bills at the date of the contract. 3. debt of £lOO contracted Udder this rekulation, 1 to a premturn even though the latter may have L._ before the day of payment. In like mann of that amount contracted when were at 2 irreney bills ,ble with per cent._ premium, would be p ,tter may have fallen to a'discount before th a e day of payment. The trouble involved in these stipulations wouli even were t otherw be insignificant ; advantage to be gained would be a prodigious corn pensation. Panics would al;cva3 s leave scathele the legitimate "trader, Wb ose• debts were currency bills, because there could never be a, seal of those bills, so long •as any form of prow . - ' country remained available as security :or advances of such bills.—l ramiain, sir, yours, &c., PaN able iu -rtv in the J. BRITTEN. MONETARY AND COMMERCIAL. _LIVERi'OOI., Saturday Evening, Another active day has taken place in the Cotton Market, and with a large business prices continue firm. The sales reach 10,000 bales, and include 3,000 for speculation and export. Only a small business has been done in the Liver pool Share Market, and prices were lower. The sales were :—Lancashire and Yorkshire, 95, 95} ; London and North Western, 951, 954 ; Midland, 1011 ; North Eastern, Berwick Stock, 921 ; South Eastern, 21k. The London Stock Market has been heavy to-day, and there has been a further decline of about a quarter per cent, in the price of Consols. The chief causes operating to produce this result are under stood to be the Russian and Indian Loans. In refe rence to the former it is stated that Messrs. Thomson, Bonar, and Co. have undertaken to negotiate the loan of £11,250,000. The amount it is alleged will be raised in a three per cent. security at 67, and, according to the reports in circulation, lists are to be opened in several of the money markets of the Continent. Notwithstanding these details, how ever, no official announcment has been made by the firm alluded to, and from this circumstance it is concluded that negotiations have- been in progress, but that no definite instructions have been received. Very little doubt, however, is entertained regarding the statements now current, as it transpired some months since that Russia, would soon appear as a borrower in this market. Consols were first marked 95 for the 7th of April, and at two o'clock were quoted 951, " buyers." For money, the price was 951, " sellers." India Stock has been dealt in at 220; Indian 4 per Cent. Debentures, at 973 to 98+, showing a fall ; and Exchequer Bills, at 33s to 36s prem. From two o'clock there was no material change, and the closing prices were for Consols, 951 to 95z . The London Share Market was dull all day, and with a very limited business, prices were lower. The average decline may be stated at from 1 to H per cent. The following were the closing prices : Ambergate, 61; Caledonian, 841 ; Eastern Counties, 601 ; East Lancashire, 92, 93 ; Edinburgh and Glasgow, 721, 731 ; Great Northern, 1021 ; Ditto A, 87, 89 ; Great Western, 581 581 ; Great Western of Canada, 158, 15 1 ; Grand Trunk of Canada, 84, 8y ; Lancashire and Yorkshire, 951 ; North-Western, 94, 954 ; South-Western, 921, 93 ; Leeds Northern, 461, 471 , Manchester, Sheffield, and Lincoln, 381; Midland 1014, 1011; North British, 59 3-16, 601 ; South Eastern and Dover, 701, 701 ; York, Newcastle, and Berwick, 921, 92 1 York and North Midland, 761, 77 ; Lombardo- Venetian, 1 3-16, 1 5-16. The movements of the Precious Metals during the past week have been important. The imports have amounted to about £903,412, including £58,964 from Australia, by the Sir W. Eyre ; and £116,656 by the Tornado ; £113,532 from Mexico and the West Indies, by the Magdalena ; £45,000 from the United States, by the Canada ' • and £36,840 by the City of Baltimore ; the Ceylon from Malta has brought £10,700 ; the Tagus from the Peninsula £1,720 ; about £20,000 in gold has arrived from Con stantinople, and about £500,000 in Silver from the Continent. The exports have also been extensive, and comprise £622,608 to Bombay, by the Behar, chiefly in Silver ; and shipments to the Continent, through the London Custom House, estimated at £43,B4o—making a total of about £666,448. The precise amount of specie engaged for trans mission to Bombay by the steamer Behar is 662,6091., of which 11,5391. is gold and 611,070/. silver. The remittance on government account is 340,0001. The total amount of silver despatched to the East by four steamers during the present month is 1,805,1161. About 65,0001. in bar gold was yesterday withdrawn from the Bank for exportation to the Continent, in payment for silver. The continued decline in the exchanges warrants a belief that further withdrawals will take place. . . . The Pen - insular and Oriental Company's steamer Salsette arrived at Melbourne, from Southampton, on the Bth of January, in 69 days. This vessel is due at Suez a day or two hence, with later advjces from Australia. At the extraordinary general meeting of the European and American Steam Shipping Company, held yesterday, a resolution was passed in favour of a " voluntary " winding up of the undertaking. Messrs. Bayley and - Ridley offered for sale on Thursday at Lloyd's the steamer Tasmanian, of 2,440 tons, built at Glasgow last year by Messrs. Laurence, Hill, and Co., and recently the property of the defunct European and Australian Steam Co. She originally cost about 120,000/., but probably 70,000/. or less would have been accepted. No offer being made, she was withdrawn. The screw steamer Omeo sailed from Plymouth on Thursday, with the electric cable which is to connect Victoria with Tasmania. Captain Tribe and other electricians go with the vessel to lay the cable The Celestial has arrived from China 464,7001b5. of tea The John Banks has arrived from Sydney, with the following cargo, viz, :1,023 bales of wool, 26 casks of tallow, 5,155 hides, 437 casks cocoa-nut oil, 573 bags gum, 38 casks hide cuttings, 11,036 horns, 3 tons 'hoofs, 120 bags bones and hoofs, &c. The Discount market was active yesterday, the general rate for the best bills being equal to the Bank minimum. At the Bank the applications were rather numerous, but not pressing. It is understood that the Russian loan will be brought forward in a few days. As it will be issued in a 3 per cent stock, at 67 per cent., it will represent a cash withdrawal of about eight million pounds sterling, but this amount will be spread over a number of European markets, -and will consequently involve little burden on any. The general impression is favourable. It is positively affirmed that the object of the loan is to promote the restoration of the Russian currency. The Funds opened this morning at an improvement. On the rumour of a Russian loan a fall took place. The final quotations were 1 per cent. below those of yesterday. The Discount Market was active to day, the general rate' for the best bills being equal to the Bank minimum. About £65,000 in bar gold was to-day withdrawn from the Bank for exportation to the Continent in payment for silver. • The continual decline in the Ex changes warrants a belief that further withdrawals will take place. At Paris, to-day, the Three per Cent. Rentes fell t, to 1 per cent. The Foreign Exchanges this after noon- experiencdd a further unfavourable movement, conse quent upon the enormous withdrawal of silver from the Continent. Bills on all the leading places were in great demand Petersburgh Escliauges advanced n anticipation of the coming loan. - The total amount of silver despatched to the East by four steamers during the present month is £1,805,11 on the 271 Friday E Daily News City Artic le The announcement of a new Russian loan, of nearly £12,000,000, has caused the English Funds, which opened y this morning, to close with a very heavy app the demand for discount to-day has been very active, and the rate in the open market was fully equal to the Banl that a new ( mm, Private accounts from Path. : siat( Mobilier Bank is about to of Count de Moray, and wit leder the ausp: the grantthg of advanc gendral security of the the favour aders Upon the goods ar rids movement on on the side of during the week have cantina( but a res - s has been transacted for h ,nsumption, and price shew no important variation ,e receipts of railw the United Kingdom, for week ending Mar ty Art ions in c he cotton Egyptian, Mn and fi and the ye it the wee he publ have been s of various proc acts are ions accord- MARCH 26 on the spot, 53s to 63s 6d ; April alone, 535; April t. June, 52s 9d ; October to December, 53s ad to 53s 6d. MARKET AVERAGES.—Town tallow, 553 Od ; fat by ditto, 2s 104-d ; yellow Russian, 54s 6d ; melted stu ff, 40s; rough ditto, 24s ; tallow greaves, 16s; good dregs, 7s. LONDON MINING MARKET.—MAItcsi 26. In the mining market to-day, shares in East Wheal B sell are in great demand, and have risen to 17 to 18. These has also been some business in Stray Park Tincroft, St United, and Wheal Margaret. East Basset shares are At cially marked in the Stock Exchange 228, and Great South Tolgus 13-1. Foreign and colonial mining shares a re steady, Subjpined is our usual weekly report of the metal marketil There is very little to be said upon metal, there being PPS little revival from the dullness of many weeks past. CuPPq finds a limited inquiry only, and the holders of foreign hale reduced their prices slightly. The India Council et are in the ° market for 260 tons of manufactured . Iron rules qui f l , anything but rail, which continues to afford employ ment the absence of demand for merchant iron. Scotch pig improving, being quoted to-day . 52s 6d to 635. Tin f 1 and in gcod demand. Speltre advancing in price. plates and lead without change. The directors of the Devonshire Great dataConsoli Copper Mining Company, at their board meeting ho-- day, declared a dividend of £8,192, being per share; arising from profits on sales of copper ores, sample d in t‘uof months of October and November last. After payniell'o the same, there remained in hand a balance of £23,76, in cash. Ore bills not at maturity, and reserved fun d a P P cable to the general purposes of the company. LONDON MONEY MARKET.—MARcit 26. Consols opened heavy at 95L to 94 and declined to ?‘'76 sellers, and are now steady at 951 to 95 but declined about per cent. Canadian steady ; F re° dull Sh ares inactil NEWCASTLE CORN MARKET.—MARcU 26. .. t Small supply of farmers' wheat, which commands a b ris s sale, at an advance of is per quarter on last Saturclalcil rates. South country held for similar advance, wh millers decline to pay, consequently the business was coil% a retail character ; in foreign, nothing passing. Pl ollr ie i more active demand, and the turn dearer. Malting b 54 also meets better sale, and last week's prices fully supP or ,' Oats, the arrivals have been more liberal, but trade s' ° ,, 0 Beans not much in demand, but prices firm. Peas a s ' trade, but no lower CORK CORN MARKET.—MARCH 26. barl e i White wheat, 23s 6d; red ditto, 21s 6d to 22s 6 d ; Ils to 14s ; oats, 12s to 14s. GLASGOW IRON MARSET.—MARCH 26. 6 3 No. 1,52 s 9d to 53s Od ; warrants, 53s 3d to 535 .0 maker's iron, 52s 9d to 53s Od ; No. 3,52 s 9d to 63' CARLISLE CORN MARKET..—Nance 26. There was a small supply of wheat in the marke morning, with needy buyers. Demand good, and Pc ! : 6d per bushel up. A fair demand for oats and 10 demand good, seed being in good request. SHIP P ING INTELLIGENCE' HIGH 1110 WATER Even. Height 7 21 .... 9 7 THIS DAY At LivEnrooL,—W " HOLYIUAD,-W —Fresh breeze . Do. A R R IV E D Annette Schmidt Advice Royal Lily Pe bunr4 Port-au-Prince Cumbria Energy Isabella Dodo (ss) . Kate Prince ...Lisbon . Antwerp Rotterdam . Havre Jura (ss). Thornhill. Turia (ss) _ Empress .. Magrico .. • Homely Halswell Isabella...., Henekendorff • • • : ,- 1011 An t , — En eg .• • • Duo' Glasb - e4 Inc" .. New York Old Calabar Pilgrim Cintra John.. St Michael's LE D . 1 Eleanor Eliza Bonsall Streoneshal . Charleston Demerara Netherton ..Newfouil Madawaska .l l- `1 Wm Carvell . . St J010k,;.4 Havannah Tagl w j Mercy . .St Paul de Lo - o to Susan G Owens Balatelt Rio Jane Araminta Mary Oxley Beaver (ss) . Canada (s) Lebanon (ss) Orontes (ss) Constitution Constitution Cameroons Bombay Bordeauk Boston . New York Alexandria I Perseverent ..New Yorl New Orlean Perseverance MARITIME March o O'of ie 4th instant, from t. EXTRACTS LIVERPOOL It blew a hurricane on t Cape Hatteras. fo r ' The Centurion, Caulkins, from Glasgow to Nevi 01 was spoken in lat 41, lon 71, and was understood „t () ..i t i - ,0 that she had on board the crew of a waterlogged 9 ` vessel, by the Antarctic, hence at New York. to o Two large vessels were seen ashore on Cape Anc ti bk apparently a long time there, by the Brunette, fro]. which arrived at New York March 14. The Flora, of Glasgow, sprung a leak off the -- Cantyre, and sank near Gigha on tile 18th instant. A large number of bales of cotton and a i°' l , o B bottom up, which appeared to have been but a short t 133), the water, were passed on the 10th instant, in 1 ,t . 4 h lon 36 by the Thornhill, arrived here, wile set• was passing through the Cotton from 11 a.m. until I re so,, MELBOUS.NE, Feb 4 : The Guiana lighter, Au, tr ucl with goods ex Emma Underwood, from London , so" the ground in Hobson's Bay Jan 21, became lou'v' was towed to the wharf here with five feet water Li' and a great part of her cargo damaged OUTPOSTS ti• DEAL, March 26.--Arrived and passed : The s o sO to from Shields to Quebec; Independence, London t?,shire,,_, 27 : George Andrews, westward to north ; YO' Port Philip. Anchored : Washington, and Speeu vf Shields to Alexandria ; Tally- (s), from north to ag Ulyssus, London to Antigua; Isabella, London ~t°rvato Good Mope; Tropic, London to Newport ; 11 " st Sunderland to Barcelona. GRAVESEND, March 26. Arrived : The Erain e,fr i ir e j; Malo ; Caroline, Porto Rico ; Erigo, David Fps' yeal o grim, Dram ; Copernicus, and Queen Victoria , o re% Haidet, Frederickstadt ; Petet, Elisburg ; P r Abbeville ; Hero, St Vilery ; Swan, Dunkirqu e Trinidad de Cuba; Caroline, London ; Faburg Abbeville ; City of Perth, Calcutta ; Diligenta, Cleve' Jennie, Demerara. 27 : Turk, from Rouen; ofsin ii , Ibrail ; Jacob, Aarhuus ; Edrith, Feabacca ; City 0 01er0, Cadiz ; James Livesey, Calcutta. Sailed : 26 ttje. for Kttrrachee ; Governor M `Lean, Cape Coast C'" Caractacus, Bombay. "' -WO ' QUEENSTOWN.—Arrived : Dynamene, from .00 to Off : Anne Johnstone, from Rio Grande,pooly Bristol. Mary, for Belfast. Retriever, of W er Cork, to fill up for Barbadoes. frOo DUBLIN, MA.RCII 26.—Arrived : Welgt, andria. Ar Aai iP • ta' BELFAST.—Arrived: Sarah Isabella, from i.` a lg n— ittOP" GREENOCK. Arrived : Bangalore, from Peter, Odessa. nec Meteor, and both Shepherdess— h hence at 3. , -e lb°' FOREIGNrORTS. Olv 0 27 th hence Florence Nightingale, and Greyhound — b °— Melbourne Jan 8 A te!' ' Annie Wilson, hence at Melbourne, Jan 10 , , i t '- Great Britain (ss), and Shalimar—both 1100 bourne Jan 25 1.1 11 1 h en Black Eagle, Ben Nevis, and Annette Lyle-- 1,041' Melbourne Jan 29 Soat"oc 4 Giant's Causeway, from Clyde ; Salsette„frall.. ht ton; Nimrod, Chile, Golconda, Rob Roy, ria lle- nder!(ss); Magna Bona, Essex, Henrietta Helena, Ea llll AlfreL'a 0 " and Belle of the Sea, from London ; Princ,e, Clyde' from from Milford-Haven ;.and Virginia, from "LY Melbourne previous to Jan 30 Burita, from Clyde at Adelaide Dec 16 efc ° Concurrent, hence at Adelaide Jan 8 a V I Glenbervie, Alice Maude, Xerulum, -te a '' —all from London at Adelaide Harlequin, from London at Geelong James Wilson, hence at Sydney Jan 12 la °ll/ Nerbudda, hence at Sydney Jan 21 f r ont 1° Surinam, from Clyde ;. and Snapdrag °l4 both at Sydney 11 Henrya rr o w Reed, , l 0 London at Hobart Town todan 1 Jo 4 _ , c loa Swiftsure, from London at Freemantle „_ Thi. i i e Evening Star and Bingstown—beth flu efrrowmenLtwoantdeornaantdLAauuinvcreast.kettsn Jtratain ~.1811 frOt ~ Auckland to Dec l4 Indiana, from London at Wellington Dec Howden, hence at Calcutta Flora, hence at Porto Plata Feb 27 Niord, hence at Brake March 13 , True Blue, hence at Valencia March 1 4 , 1 4 British Ensign, hence at Barcelona Ma Duero Duero (ss), hence at Barcelona March iu 0 Arabia (s), hence at Boston March 1_ Orl eB I Emily Augusta, and Albatross—both ,„_,, li i, 3131 ., /Etna (ss), hence at Boston March I;s heoe at 13 11 0 , i it,: l i j, Henry, Ocean Bride, " r , i r iverpo °l Detriot—all cleared at New Orleans fo Manchester and Co. SAUNDAA Of 5 °P I O ° 3 No SHIP ,sSHOULD GO TO SEA W ithOU t co eL. expressly for-use on board ship: fitted-up Patent Self -cleansing Charcoal ilters:Le oarr— Note the ERii & Co., 16, Parker-street, shLiverPool• ~~"~ Xeiting such universal interest in CASSE LI 'ED F A iIVIILY PAPER The tale' commenced i ai : Cass eiSD EXPORTERS.—A most ~ profitable article of export, to warm climates especially, are the Self cleansing Charcoal Filters, patented by Messrs. Saunders and Co., of 16; Parker-street, Liverpool—in fact they are invaluable whereier there , is bad water. S. and Co. allow a liberal discount on export and wholesale orders. .11, `fetter, and Gilpin lIPPERS i Rate of Discount V a l ue of a £5 Bank Rate of Interest and Premium on of England note charged on Bank of the Compay's Cash expressed Currency England advances. Deposits and Cashi Bill Pounds. Payments. MONETARY REFORM WITHOUT ACT OF PARLIAMENT: TO THE EDITOR OF THE NORTHERN TIMES. Sir,—Having devoted much study to the subject of Monetary Reform, with the view of distinguishing the essential from the non-essential eleMerits of the question, it has latterly became clear to me that the law, as it now stands, will admit of our realizing in practice all the essential elements of any really sound monetary system ; and with your permission I will lay before your readers a few observations on this subject Orie Of the most essential requisites of a sound monetary system is, that currency notes should possess a value wholly distinct from, and independent of, their debt paying qualities ; a value which cannot be increased by such notes being made legal tender, nor decreased by their ceasing to be legal tender. This requisite obviously necessitates that the notes shall be based on a large and unquestionable property basis. It is but a question of practical detail to organise a Joint Stock Company, and place it under regulations which would fully meet this necessity ; and, as every intelligent reader will admit this, it is unnecessary to occupy your valuable space with describing a plan in detail. As the notes designed to be issued by any such company would, for legal reasons, require to be drawn in the form of Bills of Exchange , such notes may, for destinction, be denominated "Currency Bills," and the company which issued them " The Currency Bill Company." Let us then suppose a company, under this title, to draw bills as follows upon some appointed individual, and the latter to accept the same in the ordinary manner; and let us also suppose these bills to be engraved and printed like bank notes, so as to be difficult to imitafe. FIVE POUND CURRENCY BILL. LONDON, Jan. 1, 1860. Twelve months after deposit of this bill at your house of business, pay to my order the sum of FIVE POUNDS Four Shillings, for value received. • For the Currency Bill Company £5 4s. JOHN CUSHMAN To Mr. Thomas Goodman. The words " Five Pound Currency Bill " at the head of this document denote the intended value of the bill, with reference to any contract or debt made payable in currency bills. That is to say, if a per son contracted to pay £5 in currency bills, he would contract to pay one bill drawn as above. A bill of this description would possess a definite legal value, on which the holder could at any time rely, if he were dissatisfied with its current value in the money market. This latter, value would depend on the terms on which the company discounted or cashed its bills. If the bills were constantly discounted at 4 per cent., that is, if the company engaged, under all conditions of ? the money market, to give five sovereigns for every bill drawn for 51. 45., every such bill would pass current for 51.—just like an ordinary 51. bank note payable on demand. But the company- could never help the country out of its monetary difficulties if it engaged to cash its bills at one fixed rate of discount. In order to perfect the system, the company would require to act as deposit bankers, under some such regulations as the following : Ist, Deposits should be received by the company, both in currency bills and in cash. 2nd. The currency bill pound should be the unit of account ; that is to say, all deposits, whether made in currency bills or cash, should be entered as currency bill deposits. 3rd. Currency bills should be received as deposits at par, and all deposits should be repayable in currency bills at par. 4th. Cash deposits should be received, and cash payments made, according to the following scale (the Bank of England's rate of interest,expressed in the left-hand column, being accepted as a test of the condition of the bullion market). Currency bills should also be received in exchange for cash, and cash received in .exchange for currency bills, accord ing to the same scale. 2 per cent 22 „ 3 •71 3 1 4 „ 44 „ 5 71 5 2 „ 6 „ 2 per cent. discount. £4 18 0 4 18 6 4 19 0 4 19 6 par. 01 ;, ° I 2f Premium.' 5- 0 6 4 1 , , 2 „ 15 1 0 5 1 6 5 2 0 :elly—then John I y old buck," am MORAL Tidies ( 4 ARKEI RPOOL COTTON With a- wood demand and liberal rhe sales--ind s stead at Rid LONDON PRODUCE MARKET iso adds to ti ame time, important arriva expected shortly, of which 3,000 aie on specul quiet in all departmen and buyers limit their °per BOROUGH HOP MARKET, Ls without alteration. Good and fine Oar, market rem hops are still very firm in price LONDON TALLOW MARKET.—MAnen 26. The tallow market is firm to-day 'Arni&ed are the prices :—Town tallow, 52s 6d net cash ; Petersburgh Y C