The Daily Times.
Liverpool, Merseyside, England, 1860-12-03 00:00:00

AMERICA.

._...-

ARRIVAL OF THE PEE,S lA.

The R.M.S.
,Persia, Captain Judkins, from New
York on the 21st ult., arrived in the Mersey yes-
terday afternoon. She brings a full cargo and
ninety-one first-class passengers. The Glasgow
had arrived out:
:41,: .Lindsgjr, 4.5. tietttocd hy. the Persia. Ire
spent the week &Afro ilVil/4l"ersla sa.ileii in -tVash-
ington. As far 'as- tlic AM6i4okili, goletiliiicii, is
concerned, all difficulty is removed fOt• settlement
of the various maritime questions so long pending
between the two countries. The questions likely
to be immediately settled are—responsibility of
shipowners, rule of the roads at sea, lights, signals,
dos"..ettioils; punishment of crime, settlement of
aiii.ute; .6id pie 10ttililighfflent of shipping
aces. ,tUoughoiii..tli Priifed s'tfileg;, alinVes
may Also be , expecte4„lri 0/4r4,0 til,_?..Coa4tfq,g.
made„ though not Ammediately, qii p!c,eotint„of, the
Change of government tin(Lthe ,unsettled state of
matters in the touthern s64s.:ofit,ll(3ll4\i'F' ' . '•
Nothing definite has taten 'N6 as regards till
actual secession of any of the southern states: A
great Republican jubilee was held on the 20th
ult., at Springfield, Illinois; the home of Mr.
Lincoln. It was intended primarily ps a congra-
ttilatory county meeting, but it unexpectedly
goin6d oast FM/anions: The wide-awakes
fornipd iii Vio6eSiloii, a:ini prOteediq to the home
of,, 11,,r: ,Lincpiii; lie, ''di. tor Ced ft i Ora. Wort
them and make a ,short n!ddro:. Til. ilcoi•del iie
spode were few:,blit. their.4port,',fiii lii as 0.14
haika bearing lippn ,th.e present, agitation, Niete
eititti6ly COneihn,tory ;.• ' . ". ' 1
• , ~.• ~ f •
.1 , , ~_,,L
ill
Advice from Mexico reiortitlytti% rramon had
resigned, and had been succeeded b± ,obles:

COMMERCIAL.
NEW YORK, 'Nov. 20.—Evening—Exchange,:
Good mercantile bills' representing produce, 100
to 102. Money still,. depressed.. The Stock
Market liras very buoyant, before the board on
t4e. lid*ettri the supply exceeded the de-
ing.Tid, arid iiiarket.elos.s.firni; „Cotton Inquiry
limiteil;„eges. I,2dd: 'Middli*r, Pplan:d 11. to ilk
soniei,h6,t thisker: , Flc4r:„li)enia,nslMorp
and holders,theet experiments Of liuyirstfceely, at
a shade easier in prices ; hales 15,700 bales.
Wheat lower and unsettled. Corn abundant and
cheaper. Barley and Oats dull. Pro Visions de-
pressed, lower and irregular. Sugars quiet.
Coffee dull, and nominal. Freights steady.
Engagements moderate.

. .
1191703. v.
&r at 717; P. Itfrtylll Cd.ig %Tido.)
Nn Ydnii, Ttiesffity hfeniiit, Not:. 80.
The feeling
growing out
and tildrm Atihhich Afe alluded
last Week as grolVing oiit of the p'olitiCal dtieAidn,ot.the
clitYhhas, reased; and hronght )misiness operations
almost tO:a Vchange on. 4pniclOn has, declined
to uncertain rates sales afe,r4Ort4dalfroM,fia t 0,105,
and,„Until to-day,. negotiations .veitA sus °elided aopping
the. exportation. ,of
,cotton, bteadstuffi, and ether produce;
The ,hanlis have agreed to Rurchase exchange
.to the
extent of two7an-a, J
dlialf .million dollars, which will
t. i •
relieve the preSsaig. necessities 0 gaFge4.,&trpncly finder
contract, and we trust bring; about a rettirti Of eonffdence
and resumption of business. The exchanges in, the
Senth are-ebnijiletely disorganised, and the-effeet will be,
of necessity; to limit the transactions in, and export of,
cotton for some time. Prices have declined, and are
nominal under the adverse circumstances. 'The decline,
however, does not Opal the disadvantage in the rate of
exchange. . .„
This market for cotton is for the present compttely
parallyed. The business is confined to the operations of
domestic consumers, who purchase such small parcels as
are offered for sale cheap. There is no demand for ex-
port, owing to low rates of exchange. Pries are well
sustained under thetircunistances, and holders are indis-
posed to press the present light stock on the market. It
is difficult to give quotations, but those annexed are as
near as Cali he arrived at from the small business of
yesterclay_rikd to-day. The, sales Mr the Week are set
down at 8,000. bales, mostly on 'Wednesday and Thurs-
. day last. The export for
,the same time has
sbeeri--,to
Livetpdol, 4,767; Glasgow, 106; Havre, 1,418; Ham-
burg, 532 ;. Antwerp, 265. Total, 7,112 bales.
Business in the Southern Markets hag:- *asp' been
brought to- a stand ; cotton canna be sold except for
gold or: sight cheeks on New York ; prices are declining
and will soon reach the point at which planters will
refuse to sell. So far the decline in price does not cover
the loss in'exchange.
Crop.—Nothing definite can yet be said on the sub-
ject of the .extent of the crop. We are not as yet advised
of the occurrences of a general killing frost in the cotton
region. In former years this circumstance would have
eaused a vbry general increase in the eitiniate ; this
season appears to lie an exception, .and the .corresyond-
ence te' harlot • yestefday froni seferal pointg in the
South insist that 4046,00 d Aales niusi be con-
sidered a"' maximum figure. Without adopting
this estimate ourselves, we are willing to admit there is
more uniformity of opinion os the subject at this time
than'we haVe before noticed, and that more confidence
is dile.to the opinion, since the resUltiof many individual
crops are .now ascertained to fall below the yield of last
vat, Shotild the present state of political feeling con-
tinue to exist in the Southern States, it will become a
Matter Of great consequence to ascertain the effect upon
the supply of cotton this year and for sonic yeafs to
come. _ _

• --
Exports this week to Great Britain are 38,000 bales,
against 90,000 in the earesponding week of list yeat.
Next week and for a week or two thefeafter, we shall
have tolerably free shipments ; after which they will
depend upon the course of exchange, and the facilities
afforded for its negotiation.
The following is a statement of the movement in cot-
ton since „the Ist September last, as compared with the
metrions four years
1860. 1859. 1858. 1857. 1856.
Rec. at Ports... 955,090 1,062,000 962;000 415,000 733,000
Ex. to G:•B. ;.. 268,000 373;000 2361,000 .201,000: 123,000
~ France 80,000 97,000 114,000 30,000 6400
i; other F: P. 46,000 39,000 33,000 27,000 31,000
Total Exports... 394,000 51,4,000 3'35,000 218,000 217;000
• Stock on hand 613,000 988,000 330,000 237,000 420,00)
Of which, during the past week, inanded in the Above :
Rec. at Ports :.. 155,000 152,000 136,000 70,000 101,000
Ex to G. B.
~ Prance
other F. P 7,000 9,000 7;000 6,000 6,000
Total laports

LIST OF PASSENGERS it PERSIA.—Mrs.
Ellen Willing and maid servant, Mr. and Mrs. C. E.
Schneider and infant, Mr. and Mrs. James Hodges, Mr,
and Mrs. W. S. Eyrand, Mr. and Mrs. Cranston,
Mr. C. Schatfenberg, Mr:W. Stephen, Mr. F. Rien, Mr:
F. Wiggin, Mr. A. Stewart, Mr. A. J. Morrison, Mr. J.
.Meredith, Mr. P. M. Mesino, Miss Meredith, Mr. R, IL
Gibson, Dr. Scatchwell, Dr. Resew* Mr. F. M'Dowell,
Mr. L. Chapman, Mr. James Napier, Mr. C. B.
Andrews, Mr. C. Hyllested, Miss C. C. Mall, Mr.. E. A.
Hall, Mr, James Hall, Mr. J. H. Lewis, Mr. Alexander
Duncan and servant, Mr. J. E. Todhuntcr, Mr. W. s.
Lindsay, M.P., and servant, Mr. H. H. Swift, Mr. John
F. Brigg; Mr. S. E. de la Cocoa, Mrs. F. D. Fulford,
two children, and nurse, Mrs. , Ewart and two
&righters, Miss Bischoff, Mr. Charles Bischoff,
Mr. C. P,. ROB, Mr. \V. Lacey and son, Mr. William
Leitch, Mr. Charles Fairbank, Mr. George Dennford,
Mr. W. M'ackie, Mr. S. W Cook, Mr. A. Wilson, Mr.
H. A. Garrett, Mr. W. Brownell, Mr. Macalaster, Mr.
E. Romeo, Mr. F. Aceena, Mr. W. Brown, Mr. James
Bunten, Mr. E. Lumley; Mr. W. Smith, Mr. Wild, itin
.Madame Mangerort, Mr. and Mrs. J. W. Bartlett an,l
infant, Mr. and Mrs. John Anderson and. infant, Miss
GOThLtill, MISS F. L. liolines, .Iql6. Jack; Mi. Robert
Barclay, Mr. D. A. Morris, Mr. George 'Tholson, Mr.
Thomas Charlton, Mr. Edwili Kent, Mr. and Mrs. Geo.
Stacey and three children, Mrs. Mary Hobson, Mr. C.
Gens, and Mr. George Nickerson. Total, 91.

ETE CAMBRIDGE PROCTORIAL SYSTEAL

The case of Kemp versus Latimer was resumed on.
Saturday morning. The jury, after an absence of, an
hour and a half, found that the Proctors had reasonable
ground of suspicion that the Vice-Chancellor did not
make due inquiry as to the character of the plaintiff,
and that the punishment was undeserved, .adding
that,
if this amounted to a verdict for the plaintiff, the amount
of damages should be forty shillings.
In reply to the judge, the jury declined to find that
the Vice-Chancellor had reasonable ground of suspicion
the same as the Proctors, as that would be a verdict for
the defendant.
Mi. Justice Erie put the question in a written form as
to the participation of the Vice-Chancellor, an affirma-
tive answer to which, they were told, would be a verdict
for the defendant.
The jury again retired, and were absent one hour and
forty minutes, when they returned, and said that they
could not 'say yes, or no to the proposition of the learned
judge, but they all agreed that the Vice-Chancellor
ought to have made further inquiry before the girl was
committed. After some further discussion, the judge
said that, if counsel liked, he would enter a verdict for
the plaintiff, at the same time suggesting that it was an
imperfect verdict. This was agreed to, the effect being,
that the result of the two days' trial amounted to nothing,
A similar case against the Vice-Chancellor will be takg
to-day.
•