The Daily Times.
Liverpool, Merseyside, England, 1860-03-05 00:00:00

ROBERT ffUGHES,
LAND AND H SE AGENT,
53, CHURCH-STREET, BIRICENITEAD,
Has ON SALE a large quantity of
FREEHOLD LAND,

Within a quarter of an hour's walk of Woodside Ferry, and
from which there are beautiful views of the River Mersey.
The Land will be Sold in Small Lots, to suit builders and others
desirous of erecting Villas or Cottages, which are now in such
great demand, and the price is about 3s. 6d. the Square Yard.
ALSO,
2,200 SQUARE YARDS OF FREEHOLD LAND,
In PRIORY-STREET, near MONK'S FERRY,
Upon' which there are no restrictions either as regards
Buildings or Business.
A Small Quantity opposite the Railway Station, fronting
Jackson-street, at a remarkably Low Price, suitable for Cot-
tages. --
A LSO,
TO BE LET,
SEVERAL EXCELLENT FAMILY HOUSES,

In Birkenhead, Tranmere, and the adjoining Townships ; a few
GOOD SHOPS NEAR THE MARKET,
TIMBER YARDS, COAL YARDS, sc.
Particulars of which may be obtained at his Office.
N.B.—General Agent at Birkenhead for the Liverpool and
London Fire and Life Assurance Company. mar3l

COMMERCIAL.

LIVERPOOL, SATURDAY EVENING.

gothnt Markt

The Cotton Market to-day has been very dull,
at irregular prices. The sales reported, including
50 Pernambuco, 70. to Bd. ; 50 Bahia, 71-d. to
7d. r 500 Egyptian, 81-d. to 11d. ; 500 Surat,
3id. to 51d., amount to 6,000 bales,: of which
1,000 were taken on speculation and for export.

• Katts of frrigtt.
The rates of Feight to India and China are now
quoted lower, owing to the large amount of
tonnage, recently taken, having supplied the
present requirements. There will doubtless be a
reaction as the demand for ships ,improve. Home-
wards and on the round there are still merchants
offering to take ships at 60s. from Calcutta, £2
15s. Manilla, 355. to 40s. Bombay, 555. Ceylon,
and £5 out and home to Calcutta. The rate for
Guano having been raised to 605., several ships
have accepted this employment, taking outward
cargo from Wales to Rio Janeiro at 345., and
others 48s. to 50s. Coals to Australia, to the West
Coast (Coals only) 325. 6d. to 355, is offered from
Cardiff'. The rates of freight to U._ S. ports
remain much about the same as formerly. The
following are the rates of General Freight :-
Liverpool. to Aden, 50s. to 515., 'coal ; Hong,Kong,
575. 6d. ; ditto, from Wales, 60s. ; Chusan, 605.t0
625. ; Ceylon, iron, 455.; BembaY, ditto, 455. ;
from the Clyde, 475. 6d. to 50s. ; Bombay, coals,
40s. to 42i 6d. ; Suez, 625. 6d. to 655. ; Sydney or
Melbourne, 455. to 475. 6d. (from Wales); Singa-
pore, 455. to 465. ;' Galle, 425. to_ 435. ; Shanghai,
575. 6d. ; ditto from Wales, 625. 6d. to 655. ; Cal-
cutta, salt, without consignment, 40s. ; ditto, with
consignment, 425. 6d.; Calcutta, iron, 50s. and 5 per
cent. ; ditto, coals, 40s. ; Ascension, 255. from Wales
Fernando Po 131 s. from Wales ; Callao 30s. to
325. 6d., flag stones 355. to 40s. ; Woosung 605.;
Madras-iron, &c., 455. to 505., Clyde 505.,
Chusan 605., coals 425. 6d., ditto from Wales
455. ; Valpariiso for orders, to discharge there or
at a port north of Callao, 335. to 345., small ships ;
New York--coals, full cargoes, 15s. ; Moulmain
705., peak to U. K. nominal ; Akyab, option of
Rangoon, Bassein, or Moulmain, to U. K. or Con-
tinent, 525. 6d. ; Calcutta to Liverpool 605., with
option to London 625. 6d., guano from Chinchas
to U. K. or Continent 60s. ; Bombay to Liverpool
or London 355. to 305., cargo 2-3rds seeds 1-3rd
cotton.

LONDON, SATURDAY EVENING.

The ENGLtSH STOCK MARKET to-day opened
heavily, and remained dull during the greater
part of the morning, when• a partial reaction
occurred, and prices returned to about the final
quotations last night. Consols for money and
account are now 94!Z- to 4, and 941 to ; for April.
Bank Stock has been dealt in at 2304 ; Reduced
Three per Cents., 95 and Hi ; Five per Cent.
Annuities, 1104 ; India Debentures, 971 and 4- ;
Enfaced Rupee Paper, 94; Ditto, Five-and-a-
Half per Cents., 1031 ; India Bonds, 4 prem. ;
Ditto, under £l,OOO, par ; and Exchequer Bills,
265. and 235. prem.
The Sultan has arrived at Southampton, from
Lisbon, with a small amount of specie to the value
of £3,450.
The Funds closed at the following prices :
Consols, Money - A
2
„ Account
Exchequer Bills
Bank Stock 229 31
Three per Cents
The following appeared in a portion of our
impression of Saturday :
The stock markets to-day were unfavourably affected
by the speech of the Emperor Napoleon. His Majestys,
pacific tone is held not to make amends for the very un-'
satisfactory announcement respecting Savoy and Italy.
The prospect of a continuance of the present agitation
has caused a further decline of k to 1 per cent. in con-
sols. The demand for money to-day was brisker in
preparation for to-morrow. No bullion was withdrawn
from the Bank to-day for exportation. The foreign ex-
changes this afternoon were dull at former rates.—Daily
News.

The effect on the stock market of the French
Emperor's speech' was not satisfactory this morning, but
prices showed no increase of 'flatness until a later hour,
when a decline of a took place. Some heavy loans
were withdrawn from the Stock Exchange, and caused
considerable pressure for money : the rate for advances
on Government securities went from 2? to 4 per cent,
and some applications were made to the Bank on those
terms. In the discount market there was also an in-
creased inquiry in preparation for to-morrow, when the
bills of the 4th will fall due. The final prices of most
of the leading British railway stock show a decline,
varying from k to 4 per cent.—Tiews.

The LONDON RAILWAY SHARE MARKET to-day
was slightly firmer in tone, but there has been no
actual recovery in prices, whilst the amount of
business doing was unimportant. London and
North-Westerns are quoted 974 ; Great Westerns,
684 g ; Midlands, 1094 ; and South-Easterns, 898
and 4 ; Lombardo-Venetians are Ili. The follow-
ing are the cloSing prices
Ambergate, Not., 8:: Eastern Junctn 64 64
' Caledonians
Dutch Rhenish
Eastern Counties 544 554
East Lancashire
Edinburgh and Glasgow, ac. . .
Great Northern lOB 108/
„ A lOl4 102
Great Westerns
Great Western of Canada. .12 5-16 12 7-16
Grand Trunk of Canada B4 84
Great Southern and Western . . lll 113
Lancashire and Yorkshire . . .
London and North-western . .
London and South-western. . .
Leeds Northern
Manchester, Sheff., and Lincolnshire 401 41
Midland Stock loBi 1094 .
North British -

North Staffordshire . . . . . --
South Eastern and Dover' . . . . 898 894-
York, Newcastle, and Berwick . .92 92,4

aa -
York and North Midland

-a
. 76 . 761

THE LONDON FOREIGN STOCK MARKET to-day
was inactive, with a tendency towards decline.
Original Turkish six per cents. have receded to
791-, and the new sixes, 62 6.21 and 611. Mexican
were flat at 211,•but Brazilian showed firmness.
New Indian Five per Cent. Loan is flat at 104
to k. Canada Scrip remains at 114 to 2,-1. Turkey
Bank Shares area to :4 dis., and Ocean Marine 34-
to it, prem. The quotation for French Rentes at a
quarter-past twelve was 67f. 80c., subsequently
67f. 75c., and again to 67f. 80c., ; the market
described as less firm.
The LONDON GENERAL PRODUCE MARKET
to-day was very dull.
SUGAR.—The market was quiet.
C9FFEE.--Prices firm. with little doing.
RICE.—A good inquiry, and the market firm.
SALTPETRE flat. • -

The LONDON TALLOW MARKET to-day was
steady at the following prices :—Town Tallow
595. 3d. net cash; Petersburg Y.C. on the spot:
60s. to 60s. 3d. ; March, 60s. ; April to June,
565. 3d. to 565. 6d.; Oct. to Dec., ,)4s. Market
Averages—Town Tallow, 61s. 9d. ; fat by ditto,
3s. 3d. ; yellow Russian, 61s. 6d. ; melted, stuff,
425. 6d. ; rough ditto, 255. ; tallow greaves, 16s. ;
good dregs, 7s.

The BOROUGH HOP MARKET to-day was rather
scantily supplied with fine new Hops, which
were in steady request at very full prices. All
Other kinds, however, moved off slowly at yester-
day's quotations.

The LONDON MINING MARKET to-day was
quiet, but steady. The shares of the South Devon
Mining Company have been inquired for, and are
marked prem. Wheal Trelawny have been
dealt in at 30, and Great Crinnis at 455. The
other transactions have been chiefly in shares in
East Basset, Redmoor, Wheal Ludcott,: East
Grenville, and West Caradon.

Foreign and colonial mining shares are nomi-
nally unchanged in price, and have met with few
transactions. Worthing are quoted 1 ls. 6d. to
125., and Port Philip, 12s. to 12s. 6d.

PROVINCIAL, &c., MARKETS, SATURRDAY.

•
CORN MARKETS.—NEWCASTLE : A large supply,
of Wheat from farmers, at fully last week's prices. On
stands little business doing ; foreign held very high,
and not much passing. Flour a slow sale, and prices
unaltered. Malting and grinding Barley rather dearer:-
Oats the turn in favour of sellers. Beans and Peas
not -much-inquired for. CORK ; White 'Wheat, 27s to
28s; red, 24s 6d to 26s ; Oats, lOs to 14s 6d.
CATTLE MARKET.—lloNeA.sren : A very scanty
supply of all kinds of stock exhibited in to-day's
market, and, there being a 'very meagre attendance, but,,
little was done at late prices. We
wethers; and was asked for them
38s1
ecaei7
ci n all
fair supply of Pigs, and a good trade took p a
36s
sadto a few pens
kinds at last
MANCHESTER week's
SHARES prices. 261 • Caledo
.
nians, 934 T ; Midlands, 1094- 9 ;
58s. 6d. to 595. ; War-
GLASGOW IRON.—No•
3 58s. 6d. to Os. The
rants, 595. 3d. to 595. 6d, ; No. 9
. .
market quiet. GE; e°av ers, t
Westerns,4 9 68•1 I;
Leeds, 981.

THE DAY'S NEWS.

We have American news by the Canada to the
24th ultimo, but it contains nothing of much
importance. We have by the same arrival,
however, the melancholy intelligence of the loss
of the steamer. Hungarian, from. Liverpool to
Portland, off Sable Island, on the morning of the
20th ultimo, and it is to be feared that all on
board perished. So far, however, we have few
particulars beyond the mere announcement of the
dreadful occurrence.

The French Government finds it necessary, it
will be seen, to introduce immediately a measure
in the Legislative Chamber for an instant reduc-
tiott of the import duties provided for by the
treaty of commerce, instead of waiting ,until the
period at present fixed by that treaty. This is
said to be in consequence of the utter stagnation
of business which the treaty has occasioned. The
measure, however, is likely to encounter violent
opposition from the protectionist deputies. ,
It will be seen by a late telegram that the
French Foreign Secretary has sent a message to
the Government of Sardinia, repeating in sub-
stance the proposals for a settlement of the Italian
question which are given in the French EmperOr's
speeCh to the Legislative Assembly. A copy of
the despatch, it is stated, has also been forwarded
to Lord John Russell. It would seem from a
circular which Count Cavour has addressed to the
diplomatic agents abroad, that the Sardinian
Government are somewhat alarmed at the efforts
which Austria is making to increase her military
force in ,Venetia. It is understood that Count
Cavour has given his reply to the French Secre-
tary, in which, he puts annexation on the ground
of its being affirmed by the wish of the inhabi-
tants ; and, in accordance with this, he has made
an appeal to the Tuscan people, a step which is
said to have greatly disconcerted the French
Government.

. Well may the Times declare that the discussion
On the Savoy question, on Friday night, " only
brings us to the threshold of this too serious
question." And well, too, may the Datly Sleate.d
e s
thinks that the papers upon th subject just
before Parliament " supply food for thought.
It is the threshold of a conjuncture, or we are
very much mistaken,staken,
which it will require
abler and,. safer hands than those of the Coalition
Cabinet to steer us through without getting into
trouble ; and the thought for which the food is
thus supplied, must be that of an independence of
mind, which there is only too much reason to fear
that Lords Palmerston and Russell are under too
close an alliance with the invader to enable
them to exercise.
Then there are their lord-
ships' great supporters of the Manchester school,
how their mouthpiece in the House, Mr.

Bright, stuck up for that most perilous potentate,
virtually defending him, by anticipation, in the,
aggression he has determined upon. Well might
Lord John Manners say, that now they saw
clearly .the grounds of his attachment to the
French treaty—and that they now knew how to
measure the loyalty of the hon. member—declar-
ing that it =was evident, " only give him four-
pence where he used to get twopence, and he
would not hesitate to transfer his loyalty and his
allegiance,"—a remark that elicited the loud
and prolonged cheering of the house. And well
might the noble lord express his hope and trust,
that her Majesty's Ministers did not sympathise
with the , sentiments they had heard from
their Napoleonite partisan, the member for Bir-
mingham, when he said, " Perish SavoyJ perish
the fredom of the press, perish Constitutional
Governtnent, perish everything which stood in
the way of the realisation of the treaty witil
France." Reasonably indeed did Lord John Man-
ners ask, if this were fitting language for an
English member of Parliament, and declare his
conviction, that, at any rate, it was not language
expressive of the feelings of the people of Eng-
land.

Even the Times reads much the same lesson
from the exhibition which the hon. member for
Birmingham made of his principles and patriotism,
on the occasion just referred to. ‘. Mr. Bright,"
it remarks, " became jubilant, and even boister-
ous in his mirth, upon the helplessness of England,
and the common sense aspects of the Savoy trans-
action. Of course, the Emperor of the French
was under no special obligation to care much for
treaties, or settlements, or boundaries, or family
rights. As for Savoy, in the event of annexa-
tion, it would instantly become a suburb of
Lyons. Its soil as well as its labour would
be worth twice as much as now, and
Mr. Bright would not give much for the loyalty
of a man who found himself in a position to
bring both his sovereign and his estate to a better
market than he ever expected. The valleys of
the Alps would soon ring with the spindle and
rattle with the loom, and garden stuff go up every
morning by the Lyons and Chambery line. This
is an affair, says Mr. Bright, between master and
man ; and if the men of Savoy find a better pay-
master than Victor Emmanuel, they are wise to
transfer their services; and it is no business of ours
to interfere, even if Victor Emmanuel should take
it to heart, and there are a few sulky dissentients
amongst the Savoyards themselves." Such was the
manifestation of Manchester loyalty, and allegi-
ance, and patriotic feeling, which the great apostle
of " Advanced Liberalism" took the opportunity
of making 'before the Commons of England, and,
sarcastically adds our shrewd contemporary, if
anything could enhance the pleasure of this per-
formance in Mr. Bright's own eyes, it must halo
been the fact that none could share his joy, and

that he had no brother near to contest his throne."

If ever a public measure could be said to be
" damned with faint praise," Lord John Russell's
new Reform Bill is that measure. When, of
those newspapers which claim to be par excellence
Reform journals, one can only say that the bill
"appears to be generally received with quiet
satisfaction as an instalment of a larger measure
which must be worked out by the people them-
selves,"—another, that "it is accepted,—not as
the best or boldest that might have been
expected, but on the whole as one that is pretty
sure to pass,"—and another, that "it offers the
smallest possible concessions to the Liberal
party,"—that " the measure is one which Re-
formers may reluctantly accept, and Conserva-
tives faintly oppose—a marvellous surrender to
Conservative fanaticism and to Liberal lake"
warmness,"—when this, we say, is all that the
great " Itefornnrs " themselves can say of it,
surely the praise were faint enough to damn
such a Bill utterly, as one of popular Parlia-
mentary Reform.

Mr. Bright's Manchester organ, the Examiner--
and Tirnes, of Saturday, corrects an impression
which it had aided to produce, that the new Reform
Bill required the poor-rates to be paid by the tenant.
and not by ahother person, viz., his landlord, on
his behalf,—from which, it would follow, that
compound householders would not be entitled to
vote. This, however, it has ascertained, will not
be the case. It appears, that " a few years ago
Mr. Bright succeeded in procuring the passing of
an Act enabling compound householders to vote if
their rent, excluding rates, amounted to ten
pounds, and in reply to Mr. Bright, Lord John
Russell stated that it was not intended to cancel
this privilege." So that, "if this intention should
be adhered to, six pound tenants will be able to
-vote under the new measure, even though the
rates be paid by the landlord:"

WE have already pointed out the principal
differences between the Reform Bill of Lord J.
RUSSELL, now before the House of Commons,
and that of Mr. DISRAELI in the last Parliament.
The great distinction between the two measures
is, that whereas that of the Conservative Ministry
introduced franchises by which several hundred
thousands of the educated classes, who have now
no votes at all for members of Parliament would
be entitled to them, that of the Whigs merely
lowers the £lO rental franchise to £6—thereby
introducing into the constituencies of our towns
a class of persons which, however much, in their
station of life, they may be entitled to the public
respect, to the protection of the laws, and to the
consideration of Parliament generally, can never
be said to have qualifications for the elective
franchise equal to those more educated and better
classes, who will still be excluded from that
privilege. Now, this we repeat, is a very import
ant distinction. In introducing his Bill last year,
Mr. DISRAELI very forcibly remarked upon the
necessity of maintaining a representative assembly
which would be, as much as possible, the mirror
of the mind, as well as of the interests of England.
" You want in this House," he said, " every ele-
ment to obtain the respect and engage the interest
of the country. You must have lineage here--
you must have great territorial property here,
and manufacturing enterprise of the highest
character and commercial weight. You WO
'na
have professional ability in all its forms
classes, and you must have something more than
this—you want a body of men not too intimately
connected either with agriculture, or with r"";
factures, or with commerce—not too much weadea
• a—rnen
to professional thoughts and bents of '1"111,,, l•
variety of ring isll
who may represent the general %a
I. between the
character—men who may arbitra'e
doma,n
in t interests, and
claims of those great pre
of any controversies that
You want a body of
may arise ani°nwghsit::trtit
so temper the acerbity
that immense portion of
cannot be ranked under any .
men who may represent
and powerful classes to which I
but who are •in the aggregate
othfetleosmemsutrujiktiln g
have
ily important and valuable, and Ninaperhaps as
numerous." A body of such men, then, we con-
tend, was very likely to be returned to Parliament
referred,
under the operation of those new franchises which
the Conservative measure proposed. Those per-
sons who occupy houses in towns of a rental
below £lO cannot be, expected fully to appreciate
such a body of men. Just in proportion, indeed,
as their influence pre ;ails, might it be calculated
upon--it is. only 'too much to be feared—that
democrats and demagogues would be returned to
Parliament. And surely such are not the men
best qualified to represent the " general variety
of English character "—or "men who may arbi-
trate between the claims of great predominant
interests, and so temper the acerbity of any con-
troversy that may arise amongst them." They
would personify, it is true, a, f, certain variety or