The Daily Times.
Liverpool, Merseyside, England, 1860-04-26 00:00:00

tatinti'at ratmcc Narket.

Colonial ,Produce Market to-day
centiiived dull

St-cAh'coritinties without animation, the busi-
ness being confined to 50 hhds. Jamaica at 40s,
250 bags Cossipore at 45s 6d, and 100 tons
unclayed Manilla at 33s 9d per cwt.

Moi.Assrs.-330
,puns. Antigua have realised
lEts 64 per cwt. from the quay.
Rt AND COFFEE.—There is nothing to notice.
RICE.—The sales are confined to 2,300 bags old
Necransie at 103 3d per cwt.

The business done at the auctions to-day, as
• be seen from the following, was more than

usually liege

..S.,LTISETP.E.--1,000 bags Calcutta found pur.
chasers at 3es to 42s 6d. for 10 to 1 per cent
2...fraction' and 1;00,0 bags Bombai at I*B gd to
• - - 74.%.
•16s, 47 to,3B.per cent.- '
14.1 c DYf..-50, chests at is 3id to is 61d.
•PLumBAGO.----50 barrels lump at 19s ed.
CREAM TARTAR.-9 casks at 140 s to Ws.
•MTRAI3OLAMS.-900 bags at 10;to lls 6d.
CowittEs.-20 cases at 435.
%.:.'I4I.:NEET.-65 bales at 34s per cwt. for sound.
CA§Toll On.--100 cases at 61d to tiid.
SEpla.-4S bales at 5d to 51d per lb.
LoGwooD.-160 tons Jamaica at S 4 17s 6d

to £5.

FUST.IC.-30 tons Maracaibo, all faults, at £6 ss.
WOOD.-40 tons short-cut at £l2 12s 6d.

REDWOOD.—A few tons at £5 15s per ton.

RAPESEED.-1-,),5,500 bags Calcutta at 48s to 60s.
L' r.
,42-xstED..--A0 tons Calcutta, to -arrive, at 495.

pr2r quarter.
SAGoTtorit.-125 bags at -15 s 6d per cwt.
650 bales at £l4 5s to £lB per ton.

ztz przinsirms Tattle:
The Liverpool (St. John's) Provisions Market
to-day ruled as follows 1—

5. d. a, d.
21, 0 6 ^a 0
_, 8
0 6 „ 0 9,
/9 0 6 /9 0 8
ecr„ 10 6 „ 0 0
hind qr „ 6 ~ 0 0
VicslA Pork ° 6 ~ 07
Satmon
Cud Fish
Soles „ 0 7 , .0 0 10
Th-et ... , 0 7 „ ' 0
TarbOt .
Hadeocks „ 0 3 „ 4
YtBl3. Duttei• „ 1 2„ 1 7
i!,ttq „ 0 1r) „ 1 .2
'1 6 „ 0 0
2 6 „ 4 0
„ - 4 0 .„ 6 0
„ 0 „ 0 0
, 0 „ 0 0

s.
Fowls, * couple s. d. 3
0 3 6 d
Ducks ............ 3 0 „ 3 6
Rabbits,* c'ple 1 0 „ 1 6
'Pigeons, " 10 „ 1 4
Grouse, y 9 brace 0 0 „ 0 0
Partridges perbr.o 0 „ 0 0
Black Game , 0 0„ 0 0
Pheasants,*brce 0 0 „ 0 0
r Snipes 0 0 „ 0 0
Gooseberriesm:qto • 0 „. 0 0
currants, r. &w. 0 0 0, 0
StrawberrieS,Vqto 0 „ 0 0
Larks
Geese each 3 0 „ 5 0
Turkeys ,; 4 0„ 6 0
Hares
Lobsters
Cucumbers, ~ 0 9 0 0
Apricots, per d0z.12 0 „ 0 0
Peaches, each ... 0 0 „ 0 0
Nectarines d 0.... 0 0 ~ 0 0
Pines, for., each 4 0 „ 5 0
Do. „ 10 0 „12 0

,:aut.tou

176: En;

i,11:1 510 0 0
Pe33, deck 0 0 „ 0 0
Pltl:toes, 1.1 pr. Tic 0 8 „ I 4
A!iirtrrt. gu§, 100 d 0„' 0

Boston. New York. Philadelphia.
s. d. s. d. s. d. s. d. s. d. s. d.
Pig. Iron, Bars, 1 12 6... 0 0 14 0...15 0 0 0...15 0
11.911,5, &c....
Chemicals and 1 0 0...15 0 15 0...17 6 17 , 6... 0 0
Pine Iron ... . .
Salt
Dry Goods lO 0...15 0 10 0...17 8 0 0...20 0
Hardware l2 8... 0 0 0 0...12 6 •20 0... 0 0
Earthenware 0 0... 6 0 7 0... 0 0 0. 0.:. $ 0
Passengers £4 5s Od £4 Os Od £4 53 Od
Gross. Gross. Gross.
Baltimore. Charleston. New Orleans.
s. d. s. d. s. d. s. d. s. d. a. d.
Pig Iron, Bars, 1 15 0... 0 0 15 0... 0 0 20 0... 0 0
Rails, &a ..
Chemicals and 0 0...17 6 0 0...17 6 20 0...22 6
Fine Iron ....
Salt
Dry Goods 2O 0... 0 0 0 0...20 0, 20 0...25 0
Hardwaie 2O 0... 0 0 0 0 ..20 0 , 0 0...25 0
Earthenware 0 0... 8 0 0 0... 7. 6 ' 7 0... 8 0
Passengers £s Os S 5 Os. -i £5 lOs.
Nominal. Gross. I Gross.
-

LONDON, WEDNESDAY EVENING.
The LONDON MARKET for ENGLISH STOCK to-
day was slightly firmer, and Consols were sup-
ported at a fractional advance upon the quotations
of last night ; but business transactions have not
been of an important or extensive character.
Consols for money stand now tit 9r4 -to
rather sellers for next month. Bank Shares have
been dealt in at 225 and 226; Reduced Three per
Cents., 93/ and ; New Threes, 934 93 931 f
and Enfaced Rupee Paper, 981 and 98 ; India
Bonds, 5 dis.; Exchequer Bills, 9s. 10s. 69. and
10s. pm., and ss. pm. for small.
The Funds closed at the following prices I--
Consols, Money -
„ Account 941 5
Exchequer Bills
Bank Stock 224 '6
Three per Cents
The following appeared in our second edition
of yesterday
Great dulnegs continues to prevail in the Stock
Exchange : very little business as going forward in any
department. The funds were stationary in price,' but
the tone of the market in the afternoon was firmer than
in the morning. British railway stocks declined towards
the middle of the day, but afterwards rallied. The dis-
count market continues well supplied with money, and
the best short bills are readily taken at 4f per cent,—
Daily News.
The English funds have been inactive, and there is a
general tendency to heaviness in all departments of
business. The demand for discount to-day has again.
been on a moderate scale in the open market. Some
exceptional transactions have taken place at 4!. In the
Stock Exchange the rate for advances on Government•
securities has been 3 per cent. In the foreign exchanges,
this afternoon, the rates generally were slightly lower
than last post. There were again no bullion operations
at the Bank.— Times.

The shares of the Union Bank were yesterday quoted
at about 2.5 to 28. The price before the frauds became
'mown was about 30; and as £4 per share, on 60,000
shares, gives £240,000, it would seem that the pre-
sent price should be about 26. The Times says the
bank will pay a dividend of 12 per cent, during the
present year. Pullinger will stand at the head of this
_class of delinquencies. Redpath's fraudulent creation of
stock reached to £220,000, and Robson's fraudulent
issue of Crystal Palace shares represented about £28,000.
In the LONDON RAILWAY SHARE MARKET
to-day there was very little activity, but greater
firmness in prices. London and North-Westerns
are officially quoted 991 to .4 ; Midlands, 116 ;
Great Westerns, 691 ; Great Northerns, 116 ;
and Sonth-Easterns, 874. East Indians remain
steady at 1011 to 4.

Victoria Debentures are quoted 1051 to I.
India Five per Cent. Loan is supported at 106
to 1061.
Brazilian Scrip is marked 1 dis. to par; and,
Turkey Bank Shares, 11 to i dis.
- The Share Market closed at the following prices
Ambergate, Not., & Eastern Junctn. 61
Caledonians ..... . ." .90 1
Dutch Rhenish •: • • • • • '
Eastern Counties . . . . . . . 541
East Lancashire . . —
Edinburgh and Glasgow . . . • 77 8
Great Northern . . ... ll3 .14
iy • ~ A . : . . . . ll5 16
1
Great Westerns . . . . . .69 •
Great Western of Canada. . . .13 5-16 4-1 d
Grand Trunk of Canada 341 .
Leeds
Great Southern and Western . . .112 14 I
Lancashire and Yorkshire . . . .1041 5
anortdheNrncirth. -western
:.
.:
..
4989! 1
London and South-western . •914 2 4
London
9
Manchester, Sheff., and Lincolnshire. 41i 2
Midland Stock . e•
North British . . : • • • • •1164 I
• •
61
North Staffordshire . • •• '
South Eastern and Dover : : . i
York, Newcastle, and Berwick i • :75 1
York and North Midland . . . :79 , 860 ~
The following appeared in our second edition
of yesterday :
The railway market has again been dull, and at one
period of the day showed a general decline. Before the
close, however, a partial recovery took place.—Times.
The LONDON MARKET for FOREIGN STOCKS to-
-
day was firm, but little business was doing in. this
department. New Turkish Sixes have been nego-
tiated at 611 and f, Spanish Three per Cents at
471 and 1 ; Russian Threes have advanced to 651,
and Sardinian Five per Cents to 841, being an
improvement in the latter case of 4 to I, per cent.

The LONDON COLONIAL PRODUCE MARKET to-

day was quiet.

SUGAR.—The public sales of foreign are pro-
gressing without any material alteration in price.
Refined : The market is dull.
COFFEE.—This article is very, firm. Native
Ceylon, in casks, sold at 61s; Singapore Java sold
at 638 ; Rio sold at 58s 6d to 60s.
;
TEA.—This. market is steady. ! -

RICE remains firm. .
Rum.—Leeward proof sold at is 9d. ' !
COTTON.—About 500 bales sold at previous

rates.

SPICES continue steady.
The LONDON MINING MARKET to-day was quiet.
The transactions have been chiefly confined. to

Siogiing 3nteiliftertre.

';.NEWMARKET RACES.-YESTERDAY.
„no:, JOCKEY CLUB.—Newcastle walked over.
• •Y. HANDICAP PLATE.
Tom Thumb
Out of Rosary
•

Seven ran.
! SELLING STAKES.
Tyburn
Mainstay,
SWEEPSTAKES.

Chanoine
Buttercup

Six ran.:
MATCH-Pollyolbien beat lambic.

Emily

SWEEPSTAKES.

Arrived : Precise and Rara Avis.

LATEST BETTING. •
MANCHESTER.
NEWSIARKET TWO-TEAK OLD STAKES : 2 to 1 net Walloon,
taken; 4to 1 agstyarOne. •

1,000 GIIINE.a: 2 to 1 agst Sagitta, taken ; 4 to 1 agst Con-
tadina, taken; 5 to 1 agst Vesta, taken.
TIAN arany : to lon the field, offered.
CHIMER Cue : 10 to 1 agst Petra, taken ; 11 to 1 agst
Satellite taken ; 100 to 6 agst Apollyon, taken ; 100 to 6 agst
Albans, late Bribery colt, offered ; 20 to 1 agst Promised Land,
offered; 25 to 1 agst Weatherbonnd, offered; 33 to 1 apt The
Brewer, offered; 33 to 1 agst Blue. Ruin, offered ; 40 to 1 agst
Odo, offered; 50 to 1 agst El Hakim, taken.

STEEPLE CHASE FIXTURES FOR 1860.
APRIL.

Manchester..,

RACING FIXTURES FOR 1860. • - MAY., '
Chester Spring Meeting .... 1 Harpenden
Doncaster Spring Meeting.. S Epsom Summer Meeting
Salisbury , • 10 Manchester
York Spring Meeting .lO Hungerford ?
Bath l5
• JUNE. :!:_i e 111 1
Ascot 5 Bibury Club
Hawick 8 Stockbridge
- ......
Hampton 13 Winchester 4%
Newton l3 Newcastle......
Southampton; l5 Chelmsford
Wiliam l9
.- .
Newmarket July Meeting J
3ULYNottingham l7
Carlisle
Wot cester Summer Meeting 5 Stamford l9
Liverpool. 9 Enutsford
Bridgend ' 10` Marlborough ; 2O
Cambridge A
hi ...a... .................. "11
r.

doo- aSF;

26
26

r, ::T,Yr-:.

. . ......
Pontetkact ............9
....... 12
..
''AU.GUST. 8right0n........ .. ........ 1 'Oxford 1
Brighton Club..
... . ... 3 Plymouth 2l
21
Wolverhampton
Readini • 68
YlAnor
lik
fteld. 22
•
Radon e
14 13 :Stockton
Eghanx
, SEPTEMBER.
4 Leicester.

Warwick
Derby
Kelso
Doncaster
Cbesterfleld

-
6 3lonthouth. .................... 20
6 Richmond
11 Manchester Autumn .... 21
17 Newmarket F.O.M. .......... 25
OCTOBER.

Bedford r, - 3 Newmarket Houghton 22
Newmvrket S.O.M 8 Worcester Autumn..-- • • 30
NOVEMBER.

Hereford 1
Liverpool Autumn Meeting 7

Shrewsbury Autumn M. . ... 13

THURSDAY, APRIL 26, 1860.

THE DAY'S NEWS.

Tom Sayers and the " Benicia Boy" met on
the Newmarket racecourse on Monday, and shook
hands in the betting ring. The champion is
expected to arrive in Liverpool to-day, to receive
the congratulations of his friends in this quarter.
Elsewhere we print the Board of. Trade returns
for March, which were issued yesterday. The
exports for the month are £9,621,223, against-
£lo,s29,s4o for the same month last year, being
a decrease of upwards of £900,000. - For the
first three months of this year the amount is
£28,394,581, being a decrease of £118.,030 coin?'
pared with the same period last year.

We give in another column the revised army
estimates, which were 'issued yesterday. The
amount already voted is £3,851,000, and the

amount to be voted is £10,991,546. The net
increase over the previous half year is £1,983,249.
A Cabinet Council was held yesterday after
noon.

n the course of an early sitting of the House
of Commons yesterday, it will be seen, Mr. E.
James gave notice that, in committee on the
Reform Bill, he should move a clause establishing
what was called the lodger franchise. The sitting
was entirely occupied by the discussion in com-
mittee of the Law and Property Bill, sent down
from the Lords. The discussion turned•entirely
on technical points.
Yesterday morning, in, the Court of Appeal;
Doctors Commons, an application• was
,Made on
behalf of Mr. Westerton, the newly-elected-
churchwarden of St. Barnabas', ' Pimlico, by
which the court was asked to declare the Hon.
and Rev. Robert Liddell, the incumbent, in con-
tempt, for having violated, in many respects, the
judgment of the Judicial Committee by again
using embroidered altar cloths, restoring crosses,
and resorting to other practices forbidden' at the
The case was ordered to stand over
for a few days.

same time.

The strength of a cable is of course only equal
to that of its weakest part. The Union Bank,
London, has been robbed of upwards of a quarter

The new Chinese war, it is universally under-
stood, ought to be no more than a mere military
display—little more than a promenade of power.
An impression of existing power has to be pro-
duced, but it is not anticipated that it will be
necessary to put forth that power to any serious or
disastrous extent. The people and the merchants of
China will be easily, if indeed they be not already,
convinced of our power to subdue them. It is

only necessary to satisfy the authorities at Pekin
that their attempted resistance'thust be unavail-
ing ; and then the matter ought to be set at rest
for ever. In short, for our benefit, and that of

all the rest of the world, we have undertaken not

so much to slaughter .a few Asiatics in this war
as to teach the Mandarins, by a rough process,
that we are equally able and determined to insist
upon fair and equitable dealing under treaties

duly agreed to and ratified. That there must be
some fighting in earnest we can scarcely doubt,
if the work upon which Lord Elgin now sets out
is to be effectually- accomplished. Of fair words
the Chinese have proved themselves masters ; but
we have yet, by a few hard blows, to satisfy them
that they must mean exactly what they say.

The natural tendency of the newspaper press
in Frane^e'; is evidently looked upon as a sort of
" libertinism," against which it is absolutely
necessary fOr the safety of public and private,—
not to say imperial,--interests, to be continually
taking the most wary precautions. Thus it has

come to pass that the press there has been

enveloped in a process of bandaging, which has
reduced it to thecondition of something little
better than that of a
_mummy, which, however
•
interesting. it may be from the association of
ideas, is Certainly'innocent of anything like life
or freedom of action. This infliction is said

to be founded on the "great constitutional
;principles of 1799." Heaven save the mark !

The Cow' rier de Paris is the latest
and the Union promises to be the next. The

proprietor of the Courrier wishes to sell his pro-
perty, but the government will not permit him.
The Union has been "invited" to discontinue its

free discussion of the Savoy question, and the

only alternative open to it is that of receiving an

official " warning," which; of course, is the next

door to confiscation..

THE supporters of the present- Reform measures
may be divided into three classes. First, there
are the optimists who believe in the perfectibility
of human society, and that one condition of
perfection will be the possession by each indivi-
dual of an equal share of political power.
Secondly, there are the men with a vague idea of
progress, and who, with no particular feeling of
discontent with the present governmental system,
advocate change, because it in some way carries
out a principle and falls into a theory. Thirdly,
there are the earnest and sincere depravers of the
present Constitution, who question its adaptabi-
lity to the necessities of the modern world, .and
impugn the nature of the result& it has achieved.
These men declare openly that they look for an
entire change in the mode and direction- of
Government, and, in short, are going in for a new
state of things, in which they will have it all
their own way.

The optimist class, chiefly consisting of philo-

sophers, is a small one, and has but a poor
reputation among. English politicians. The chief
market for' the traffic of its' ideas is in France,
where, since the latter half of the eighteenth
century, the prominent minds: of the day have
been for ever tortured with a .conviction that
the times were out of joint, and have been
tossed about hither and thither, dreaming,
and speculating, and seeing visions, in search
of some mode of setting them right. These
unsubstantial and hazardous theories can light
upon no law,of growth in the common sense mind
of England, and rarely venture on to the public
stage. But it is '.the practical Character of our
Constitution, which is the great obstacle to
notions based upon nothing but 'theory, and
coming forth with full grown political systems
straight from the study to' the world. English-
men generally think it a sufficient reply to
theorists of this sort, that the world affords no
example of a government based upon the per-
fectibility of mankind ; and what is ' more, no
example of a state of society tending.to perfection.
_That all stable governments are, and_ must be,
based on a system of compromise, whereby con-
flicting interests and passions are kept in a
counterpoise,' where it is either impossible, even
were it advantageous, or disadvantageous, even
were it possible, for one to get the better of the
other. To men of ordinary sense, who are saved
the risks attending upon " genius,"- it -seems a
very probable anticipation,'that there is as much
danger of the abuse of uncontrolled power by a
democracy, as by ari aristocracy or a monarchy.
Now, though the clasS of professed optimists in
this country is too insignificant to be noticed, yet
it may be feared that even principles as absurd
and fanciful as theirs are not without a secret
influEnce upon minds of amore 'practical turn.
Whea politicians get into ti; habit of too much and
too exclusively viewing the lower clads through the
median of sentiment, and considering them as the
•
of a million sterli m owing to the deficiency in

strength of one little link in the chain of account
and check upon 141ieVitt.,directoliidepended for
the accuracy alcithonesty,Ol tlieii officials. The
cwect bank imios-book "kept with the.:Aank of
•
>.gjiglAnd waanever seen by the officiattJ ton; ank, ho ::'
special duty it was to ascertain-:tito• tine:.;tapite.of. that account. He had•nd
044.4 coMmitiltication with the Bank of .Eng=
land ,and the 7 delinquent . cashier invariably
handed to him a forged pass-b4ak instead of the
real one. Had there been a separate and distinct
mode of check established between the Accoun-
tant's department of the Union and the Bank of
England, the robbery, as‘.naw discovered, would
simply have been impossible. The weakness of
this one link is the secret of the disaster.
The rottenness of our fleet, as to which we
recently published an alarMing statement, attracts
more and more 'attention. At present, we are
told there are some half hundred gunboats and
mortar vessels hauled up for repair. This process
has been going on for more than three years, on
a little fleet not twice as many years of age. The
sum and substance of the present complaint seems
to be that these gunboats never were honestly fit
for service, and.now the fact is past concealment.
The wood of -Which they were. constructed, and
the manner in' which their bolts were fastened,
it seems, are now proved to have been such
as can only bo considered a disgrace to any
establishment pretending to turn out good
work of the kind. This is the fleet of
which we have been so 'proud, for which we
have paid handsomely, and to which we have
been accustomed to look for our national safety.
The worst aspect of this too-well-founded griev-
ance, is, perhaps, that the work of which we have
now to complain has been executed in private
yards. The maladministration of our Government
dockyards is all but universally admitted, and, of
course, even as it is, the Admiralty cannot be
altogether acquitted in this matter, for it was the
undoubted duty of the dockyard officials: to see
that the work privately contracted for was honestly
executed. It has been usual, however, to assert
that no private firm, for its own sake and for its
own honour, would attempt to palm upon the
country inadequately built vessels fairly and
openly contracted for. It now- lies • with our
priVate builders to clear themselves from the
charge of having acted in a lo*, cheating, and
dishonourable spirit, 'even in a matter where the
defences of the country were most materially
concerned.: We shall be anxious to hear their,
rejoinder.