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

COMMERCIAL

NEW YORK, Feb. 20-6 p.m.—The bank statement
of to-day compared with that of last week shows an in-
crease of specie, which was not expected, and an increase
in loans,4 which was anticipated. But the expansion
should go no further. At the present season of the year,
and with the present prospects of trade, the bank loans
are too much. Inevitable trouble will gm* oilt of the
over importations of dry goods last tall and this spring ;
and that trouble will be greatly increased if the banks,
in order to protect themselves, are compelled to contract
faster than merchants can make ready for the change of
policy. Every additional million that is loaned out now
will involve an increased pressure this fall, at the very
time that merchants are most in need of hank facilities.
Money is, if anything, rather easier to day, especially
on call loans, which are in excess of the demand at six
per cent. Some paper has also been done below six
, and a half.

The foreign exchange market opens with more steadi-
ness. The principal bankers are asking 109 to 1091 for
sixty days sterling bills, and 1091 to I for short sight;
francs are offered at 6.15 to 5.13 for sixty days, and
5.121 to 13 for short sight. The prospect is fair for a
permanent advance in bills ; but thus far the demand
continues moderate, and the supply of cotton bills larger
than usual at this season.

The Stock Market opened with great firmness this
morning, but the demand for stock was not equal to the
supply at the highest prices of the day, and the market
gave way for a time ; it subsequently recovered its tone,
and closed with firmness. Pacific Mail continues to
attract especial attention, and the merits of the settle-
ment are eagerly discussed on the street. The stock
opened at 94 eash,; was freely offered at that price,
declined to 93 at the close of the morning session, and
closed in the afternoon at that price, against 914
bid on Saturday evening. New York Central
opened at 72, declined to 714. rallied and closed
at 721, against 714 at the close on Saturday.
The Western stocks were generally a shade higher, bat
inactive. The business of the board was moderate ; the
orders for State stocks and good bonds were, as usual on
Monday, few in number. In the afternoon the market
was fairly active, and stocks closed quite firm at the
following quotations :—Virginia 6's, 93 to 4; Missouri
6's, 804 to—', ; Canton Company, 164 to 17 ; Cumber-
land Coal, 15 to 4; Pacific Mail, 92 to 93 ; New York
Central, 721 to 3 ; Erie, 91 to a, ; Hudson River, 404
to 4; Harlem, 91, to 4 ; do. preferred, 331 to / ; Read-
ing, 403 to a; Michigan Central, 374 to 38; Micha,,o•an
Southern and Northern Indiana, 63 to ; do. guaranteed,
14/ to 15 ; Panama, 133% to 131; Illinois Central, 561
to 4; Galena and Chicago, 58 to 1 ; Cleveland and
Toledo, 193 to 4 ; Chicago and Rock Island, 623 to 63 ;
Illinois Central 7's, 881 to 4.
MMES.—The market was quiet but steady, at 54c.
for pots, and at 53c. for pearls.
BREADsTurrs.--Flour : The market assumed increased
firmness, with sales of about 8,000 to 9,000 brls. State
and Western, closing within the range of the following
quotations :
Superfine State .................................... ss 15 to 520
Extra State ... . 5 30 ... 5 50
Superfine Wetjtern 5 15 ... 5 20
Common to choice Western extra
Extra Genessc . ..................... .
Mixed to straight Southern
Straight to good extra ditto 5 80 ... 7 op
Choice extra family and bakers' brands 7OO 775
Ryeflour
C0rnmea1............................................. ,
Canadian flour was steady, with sales of 250 bbls. at
$5 50c. to $7, the latter figure for extra. Southern
flour was quite firm, with sales of 1,700 bbls., closing
within the above range of prices. Rye flour was in
fair request at the above figures, with sales of 175 bbls.
Corn meal was unchanged and sales light. Wheat was
active and firmer, with sales of about 32,000 bushels,
inc:uding white Michigan at $1 50c., red Southern at
$1 29c. to $1 30c., Millwaukee club at $1 20c., Chicago
wn
othea Jersey
r fours9ey
c 7 .
spring at $1 18c., red Western at $1 31c., and white
Canadian at private terms. Corn was firmer, with sales
oa ft
78c. 2.5,500 t
waso Bocfirm, bushels,nd
withchlintsedailnaegnd yellowhi
sales
of soote bushelssduyellow
prime
im t
rowedarle State at 822 e. Barley malt was firmly held at
82c. to 85c. Oats were firm, with sales of State at
454 e. to 46c., and of Western and State at 444 c. to 45c.
CorroN.—The market was without change of mo-
ment in prices, while the sales embraced 3,000 bales,
including 2,000 in transit ; lots in store Closed upon the
basis of the following quotations :

YEW YORK CLASSIFICATION.
Upland. Florida. Ir°". —m
le. N. O. it Texas
Ordinary
ii i sii 8i
Middling ••••••••11
12lli
Middling fair 12 12i 12
Fair 12 121 13 13 ,
FRElGHTs.=—Rates were stea y, with a fair amount of
engagements; 400 bales of cotton Were engaged at

r

LIT E RAT URE.

THE DAILY TIMES, MONDAY, MARCH 5..1860

1-32 d. to Icl.-, and 4do liy §teifi,ief dt 5!16d., 000 boles
cheese by steamer at 405., 103 brl lard and 600 boxes
bacon ditto at 355., 20U boxes bacon at 225. 6d., 100
brls. lard at 225. 6d., 50 tierces beef at 3s. 6d., 80 tons
Quercitron bark at, r. t., 10 tons clover seed at 405., and
250 brls. rosin at 2s. To London 100 boxes bacon at
305., 100 tierces beef and 100 brie. pork at p. t. To
firemen 100 cases
,c,of tobacco were taken at 275. 6d.,
300 rtisiri at 3s. 38., and gd ti is ttiedltirenient
goods at 30s.
1116LAssEs.-*4 dfieatis Was steady, while sales
*ere limited. . .
Nin}ii;.SionEg.-pirits were quiet, brit Orin at 4TC.
to 48c. sales of 1,660 brls. common Roan were made A
$1 671 e. per 310 lbs. delivered. Crude Turpentine *a;
quiet at $3 62p., and tar at $2 25c. $2 271 c. to $2 500.
• Orts =Limited sales American, were making• at 58c. ;
Sperm and crude were unchange.
PROVISIONS:-Pork : The napyket was less animated,*bile prices Were stistaiird. THe transactions footed up
about 1,600 brls., including no* bless at ,tlB old dd.
at $l7 50c. to $l7 60e., new prime at $l3 87-4 c. to $l4
931 c., and at $l2 50c. to $l2 621 c., and clear $l9 50c. Beef
was firmly held, with sales of 375 brls., including
country mess at $5 25c. to $5 50c., re-packed Western at
$9 25c. to $lO, and extra do. at $lO 75c. to $l2. Prime
mess was steady. Small sales of beef hams were made
at $l5 10c, to $lB. Bacon was quiet at 81c. to 10/c
liresied hogs wefe gelling at 81c. to i 0 c. gut meats
were in less movement; about 230 packagei Weic,nilde
at 9/c. to 91c. for hams, and 61c. to ne. for shOulders„
Lard was in fair request, but less buoyant. Sales of 225
brls. at 101 c. to 11/c. Butter and 'cheese were tin-
Changed. ,
;ceitinuted firm. , The. ,ital
lesl3ftalo ,idd to SOlO ithistoqk
74c., 50 boxes at p. t., and 4,000 bags Pernambliedg
at 7ic.
TOBACCO.-With the exception of a large sale of seed
leaf, the market is quiet ; 32 hhds. Kentucky, 5/c. to
Bc. ; 47 bales Havana, 30e. to 32c. ; 93 do. Cuba, private
terms; 2,716 cases seed leaf, sc. to 20c.
ALBANY, Feb. 20.-There seems to be a light specu-
lative demand for flour, but particulars not public ;
demand for immediate consumption extremely light.
Buckwheat flour and corn meal *1 76c; to $1 871 c. per
100 ills:, ~
Feb: Miesool3bis.
kV We. to $6 506. for slipgrfina to extra. Beat in
active demand at $1 45c. to $1 50e. for *hite, and $1 Mt,
to $1 36c. for red. Corn steady. Provisions quiet, new
mess pork $lB 50c. to $lB 75c, prime old $l3, new $l5.
,Whisky, 231 c. to 25c.
BALTIMORE, Feb. 21.-Flour firm at $5 37c. for
Howard-street. Corn firmer and active. Pork steady.
Whisky active, but lower, Ohio 241 c.
CINCINNATI, Feb. 20.-Mess pork, $l7 75c. to $lB.
Bacon. 'Tic. to Pie. Flour, dull at $5 50c. to $5 65c.
Whiskey
Ciaiii.fsfriii, Vet?. 0.-eottoiii la* itiid:
idle. to 101 b. ; market dull at quotations. Reights to
Boston, ;37c.
Ai.a.r.s.enicoi, !a, Feb." 20.-Cotton, dull at Citiotations ;
tuck; large,; log x Enid., ,101 C: • , mid., 10f.c..; strict mid.,
018. to 1.04c:„80 di y, dis,; sight diitti; 1 dig.
kagliis Biston, Feb. 'lB.-Cotton'. Sees of
Week, 2,250 bales. Navigation is excellent. Receipts
of week, 7,000 bales ; exports, 7,250 ; stock, 41,500,
against 24;000 last year; prices, irregular. Freights and
exchange, unchanged.
MOBILE, Feb. 18.-Cotton firm, sales to-day 4,500
bales, Middling, 101 e. to 10•''c.Feb. 20:----Cottotf ifi better demand at stffe prices,
sales to-day 11,$00 bales, quotations Unchanged.
NEW ORLEANS, Feb. 20.-Cotton active, sales
to-day 19,500 bales at 10;:'-c. to 11c. for middling.
Sterling Exchange, 71 to 81 pm, and with bills of
lading, attached, 61 to 71. Freights slightly advanced,
cotton to Liverpool, ad. Sugar steady at 6/c. to 7/c.
for fair to fully fair. Corn dull at 70c. to 75c. for mixed.
Lard quiet at 101 c. to IQtc. Exchange on New York,
66 days 11 to 4 db., sight pat to I put: ,

PASSENGERS PER R.M.S. CANADA, Capt. W. J. C.
Lang, from Boston 22nd February, and Halifax 24th.—
From Boston. Mr. John Byers, Mr. W. J. Robbins, Mr.
P. Negrette, Mr. M. Echquren, Mrs. J. D. Venniale,
Mr. and Mrs. G. Brewer, Miss Brewer, Mi. H.
Naylor, Mr. Hind, Mr. J. H. Black, Mr. J. H.
M'Lellan, Mr.. A. Gardner, Mr. J. C. Kinsi, Mr. F. Von
Bernath, Mr. James Dunning, Professor and Mrs. 3. P.
Cook, jun., Mr. A. Stutz, Mr. A. Watson, Mr. Fred.
Wilson, Mr. P. H. O'Connor, Dr. H. Rottetistein,
Leo, Mr. It. Anderson, Mr. T. Jackson, Mr.
d. Craitiford; Mf. S. It: Gia3,,, aTid Mrs. latiglw•
From Halifax : Mr. Peters, Rev. J. Damphy, Mr. W.
Stolker, Mr. J. Harley, Mr. Howland, Mr. and Mrs.
Wagner, Mr. J. Jardine, Mr. T. M'Cullock, Mr. A. J.
Ball and son, Sergeant A. Blount and wife. Landed at
Queenstown Mr. and Mrs. W. G. Nolan, five children,
and nurse, Mr. A. B. Tripler.

LOSS OF THEE HUNGARIAN.

PROBABLE LOSS OP ALL ON BOARD,

, .
The telegraph this morning, says the _Poston Adver-
tiser. of the 22nd ult., furnishes the news of another
fearful
,marine casualty on the coast of Nova Scotia.
The fine steam-ship Hungarian —belonging to the
Canadian Steam-ship Company—which sailed from
Liverpool on the Bth instant via Queenstown on the
9th, has been totally wrecked on a ledge near Cape Sable.
The particulars which have been received are somewhat
vague and imperfet, but from what is known of the cii-
edmstanceg attending the *IA, there is great reaseil to
fear that all on board perished. The Hungarian, it will
be recollected, is the steamship which had the melancholy
duty of bearing to England the news of the total wreck
of her consort, the Indian. In less than three months
the same fate has overtaken her, probably under more
distressing circumstances The Hungarian was a first-
class beat, nearly new, and her loss must prove a severe
blow to the company, who have now lost five beats in
sbrlibe.
The Hungarian left Liverpool, it will lie i6rfieni-
bered, with about 200 souls ou .beard and a valuable
cargo, chiefly bale goods. We learn. that six mail bags
have been washed ashore on Sable Reef, which is about
200 miles to the southward of where the Indian was lest.
The following more detailed statements are from the
journal flamed.
Feb. 20, Etetting.-=-A large stOanier went
ashore last night on Cape Ledge, west side of Cape Sable.
No communication has been had between her and the
shore.

BA.R.RINGTO:V, N.S., Feb. 20, P.M.-The steamer's
lights were seen at four o'clock this morning, and at
daylight she was found to be ashore half a mile from
the island.

The sea was so rough that the boats could not reach
her. A vessel is preparing to go to her assistance.
The American Consul proceeded at once to the
steamer, but has not, yet returned,
N.S., Feb. 21.-----The brig Cygnet, which
has arrived at this port in twelve days frow New
York, while lying to in thick weather on Sunday
evening, at six o'clock, off Liverpool, N.S., saw a
large screw steamer steaming W. N. W., hence the
steamer ashore at Cape Ledge is probably the steamship.
Hungarian, Captain zones, which left Liverpool on the
Bth ult. for Portland. The agent of the associated press
has sent a special messenger Co the scene of the disaster.
Re has also jitst received the following
" limuuNGTos, N. S., Feb. 21.—The Consul re-
turned from the Island last night, but nothing is yet
known as to the wrecked steam-ship. It is supposed
that all on board are lost. A vessel has' gone round
this morning."
LATEST INTELLIGENCE.
lliartAlt, Feb. 21.---The messenger despatched to
the scene of the disaster has not yet returned. The
following has been sent from Cape Sable to Messrs.
Cunard & Co.:—
" A steamer's lights were seen on Monday morning at
three o'clock on Cape Ledge. At daylight spars and
smoke-pipe were standing ; at ten all were gone by
the board, and then the ship settled fast. A heavy sea
was running, breaking mast high over the ship.
Communication with the ship was impossible. All
on board were lost, unless boats left the ship before
daylight, which is not likely. At low water part of
the ship still visible." The following is the only
news yet obtained from the scene of the wreck. The
steamship is the Hungarian, from Queenstown 9th nit.
She is a total wreck ; crew and passengers all supposed
to be lost. Small portions of the hull are now visible at
low water. There is nothing like news for the Associated
Press unless in the mail, a small portion of which has
been saved in a damaged state. One passenger ticket
has been found, named Ellen Sheehan.
Further intelligence will be forwarded as obtained.
Nothing more to-night.

THE CONSTITUTIONAL PRESS MAGAZLNE for Match,

This number of a periodical publication which is
getting a great hold on the Conservatives of the country
—devoting itself, as it does, so much to the advocacy
of their political interests,—opens with another chapter
of part 2 of the interesting tale of " Hopes and
Fears," by the author of the Heir of Redclyffe ; a tale,
which of itself were quite sufficient to give a value
to this magazine which could not fail to procure for it
an entrance into the best literary circles of the
country. There is also the continuation of another
admirable tale, entitled " War," by the author of Paul
Ferrol. And there is commenced " A Hunting Trip in
the Great Annamullay Forest," of which the first chapter
is given. Then follows part lof an interesting paper
on "The Gothic Renaissance." A criticism on the
works of Mr. Disraeli ; an essay entitled " The Many-
headed Beast ;" "The Two Triumvirates," a political
paper ; "An Address to the Proprietors of Progress;"
" More Suppers of the Tories ;" and some minor mat-
ters, combined with what we have before enumerated,
constitute this an excellent number of this popular
magazine.

A " TIFF."—We went into the town, and soon Mary
espied a gown in 4 shop window, which she liked so
well she wanted me to give it her. We asked the price ;
it was so dear I could not afford it, we had spent so
much. She coaxed me, and called me dear John • but
I had made up my mind, and would not change, though
it vexed me mightily to deny her anything ; she grew
angry, and that vexed me more. She wondered I could
deny her anything, and we went our way much disquieted,
and she would not hold my arm nor turn her face
to me. I felt a churl not to give her. this little thing,
when we had been so short a time wed. I wished I had
had the money. It was a very fair evening, and from
the Haigh top we saw the sun nearing its setting,
shining crimson on the sea, and beard the larks singing
in the air ; but we neither sang nor talked, and I felt
downcast in my heart, thinking I should never make
her happy. We got home, and I put the horse
up, Mary sitting on a little chair by the door,
but never speaking ; so I stood apart, and by-
and-bye she gets up and goes about the flower beds,
gathering one here and 'there, and then comes nearer
and nearer ; and then I see a little band putting flowers
in my coat, and a little golden head is laid on my
shoulder—and, " Oh, I am so sorry, so sorry." She tells
me that she does not want the gown, only for me to love
her and be happy. She is only a baby, she says, and I
must treat her as such, and scold her. And then we love
one another mightily again, and were very happy.—the
Vicar of Lusset ; A Clergyman's Diary of 1729-82,