The Northern Daily Times.
Liverpool, Merseyside, England, 1856-10-21 00:00:00

MONtTARY AND COMMERCIAL

LIVERPOOL, MONDAY EVENING.
inThe Canada's news has had the effect of inducd-
b„g,a somewhat wild speculation in cotton, Cause
4iY the accounts of the receipts, shipments, and
ait?teLit_?u, band and on shipboard. To-day the
tit. market hand
was unusually excited ; prices_ of
the
qualities of American ran up Ld per lb,
aa°l th
extrA, e market closed, as it opened, with an
da " Speculative movement—the saleso of the
et? reaching 30,000 bales, of which speculators and
export took 20,000.
Ettla . demand for Railway property was good,.
Withi°rices improved, but afterwards closed tamely
Abe
~a quiet tendency. The closing rates were :--1
15114e,,,en, 121 13. Chester and Birkenhead, 154
I.t.i„‘.:aledonian, 271, 271 Chester and Holyhead,
BN. Eastern Counties, 8 15-16 9 1-16. East
biti-ashire, 197 20. Great Northern, 231 2%-
014°4, 10 10e Great Western, 631 64. Lanca-
Cet, elld Yorkshire Stock, 031 94. Liverpool,
1,1(;'9,2,,', and Southport, 18-i- 1-8,1. London and
Shprf,tu Western Stock, 1008 101-1. Manchester,
'iflip,7ld, and Lincoln, 31? 32. Midland Stock,
Zai. ,I• Northßritish 9 9i. North Staffordshire,
*,t`teel• South Eastern,' 20120 5-16. York, New-
; •-e) and Berwick, 198 19. York and North
„41411 s'"(1, 271 273 Leeds Capital Stock, 17 171.
tIGU,flalO anc Take Huron, : Id. Dutch Rhenish,
P• ('' - . ---n of Canada, 221 221. Ditto New
Aar Ireat Waste. - ''TeraboUrg, 11Z 114-,d-
Iles' 1111 P. Great Li4_
LY theel.,eent reduction of tti-: charge for freight
rinmpa.ny has
altem eninsular and Oriental a.,._
0,-,-Danks
4eatna,3,' sugnaented the cargoes of the
tNd 'l.B.
Some idea of the extent ofe the si.,_
b, e betw
43' be f wean this country and India and China
Niro,: °Med from the fact, that the charge for
I)3' th'eulig a h►ale of silk from India otthl this country,
,Ps 1,, overland route, in the Orien a Company's
`at el
averages about 25s a bale, and that often
eaaairelgbtage for silk alone, by one of
I.the
-allY'a vessels, amount to upwards of 3,000.
~,elltn, ;Peatrier Jura has been accepted for theta
`,ibtaeri'ce of soldiers' wives and children
hie al Malta, and Corfu. The following
eeshipsof
4,1)0% aAsa been accepted for the conveyance
500
`llllllo6' officers, 2,000 men, 500 women, an
ee•
Pee„11; Of thras'British Foreign Legion, to
.the
vO,-, `'' Good Hope, viz. :—The Abyssinian,
eftli"anter,
, ioT,„ Norwood, Akbar, James Fernie,
;Nei", and the Mersey. The tonnage of these
•egistZ, range respectively from 769 to 1,274 tons
Hater
▪ ey „. Penny postage stamps have been issued.
,44,3- "nre..,of an oblong form, and of a purple colour.
,I°llW-,,r;`' Postage is on the top margin, and the
"qa qts..-xPence.are in the margin at the bottom of
Ilrit4r111).
*Dpe ,„il regard to . the wine trade, the following
hsqTh4-,, in a London circular issued yesterday—
;goster,an be no doubt as to the present being ae
Pal -„"1-1,eal period for all interested in the wihne.
•lastel: I,llu it is most desirable that dealers int
Prea•a"an Colonies should clearly realise theirfr
flit eat position and future prospects. The ea -
flit
of the " oidium " in the Alto Douroto
~,iat-co':‘?_f Portugal cause well grounded fears.
ld
' those the comparative annihilation of theyier
t
Ivilie-;Ie Choice growths which have caused po
I,llae -(1 rank as one of the finest products of the
io.a Judging from the import into the Un.ited
fate by
Than would be disosed to consider
iateeib4 a delusion, but since thee" old restrictions
,191r1 --beell evaded," common red wines collected
~,.-`44,,t-rie various districts of Portugal have been
l'Ociii,' fr(lna Oporto to the United Kingdom ; the
'a' Y of these- • gist importations proving m ore or
'4lch 1", Possess none of those characteristics. by
or Au Port wines are known in the United Kingdom
1)411440i,
i, , and, while consumable by the
.rura
itollak'n of Portugal, do not in the least assist us
"r, Porß,7°lne trade, excepting for the commonest
n-LIRIGs• The present vintage being a failure,.th
-Ut pee-s„Year's trade will have to be effected wi.
mustli)''ut reduced reserves, which of good quality
1 ttfiee sreall from the fact of limited purchasese
1:1/441ait,-tug prices in the Oporto market, wher
l'tspeeea now rule at extravagant rates. Witht
lllallßt - to sherry, while the same causes have no
e e(1
(i° the 37'
extent to create a scarcity in
e-xl4°l;erpgas astainXeerez, still failing supplies at
tira 6' -eneriffe, Marsala, &e., have induced an
;teti 1,,-illand for this wine in the shape of an
1?-s.ao ;.1-1.-e.gtd.:",rect trade from Cadiz to other ports
),•'e Britain. From this cause in 1854 prices
1-„e oXpacZ`ed and advanced rates established,.
(int:ere reads the following year 1855 showing a
,A'''eratt,i--i.,- °' 9,000 butts. Prices remained without
;rilt:;,11 Until peace was concluded, when ship-
Llaed tote again freely resumed, and have con-
lbd
-`'tts t,-,?tue extent between five and six thousand
9;,1 in '`.l.,rnoizth. For the eight months en -
1°13:1 C Pligust 1855, the export of sherry
;4.40 bauiz to the United Kingdom was_ about ,;h6 the fits' and to other countries 8,000, whileool
..10 tilt: figures are respectively 19,000 and. 1.8, O,
`tikeelhler,,Wbile the trade with Great Britainhas
ge e "' that to other countries has increased
.to
el Itent
; ear th °I. 10 000 butts. It is, therefore,
4/b at high prices,
quite
h 1)(4'8,, 'ugh prices while they have induced our
cup aeiel lealers to' limit their purchases, have
DAlie,au other countries from securing large
allt„eotio,44,stAh.,igh rates. So far as our home trade
t
1,, cetecuou, advanced rates have not as ye
q• our
kogelY in clearances from bond, such being
titba excess of 1855. Within the last two
tez a further rise has been established at
Of and
tk ktito,. , should it not have the effect
''l' co `lallY checking the demand, a fur-,
hoc% uaiderable demand must be inevitable.'
vete khr4;led bv the buoyancy of the Stock Markets
t' 416'4 ill' Paris says a London cotemporary
'erre sl2- re:Paillg, and the slight relaxation in the
101141,, 'or L')neyk in both places, many persons
,tat a. r;eCe(l to b,alieve that. the.. worst is past, and
like sing fc'verY hr's been initiated. It is quite
4344 the,,,,' Observe the changes which, in times
.aohje' Public opin.;on undergoes. A few days
of laR all alarmists in
sir kinds kin both countres were pre-
reNcr argil cis of catast'ophes, and by the force
ht. aaloh,..inlents, although based on uncertain
tvrtaine'ci, the desponding feeling generally
hR %ter and which, as far as this country
Rrtt !led
to Irate, , seemed unwarranted,
Arr,!ta ti,,': The class of financers here alluded.
or'venao„",' first to recognise symptoms of nu-
til(ltllert, which, whether they are reliabletiu
44,1 18.4t"1", have been much canvassed
DeVitla ory or two. With large simultaneous.du.g
era al) gold from Australia and America, and 1
t an •
'li ,ee tan Issue of small convertible notes in,
NR4Qtt 'ha": crisis on the other side of the Channel
Itle 14,.e been mitigated, but arising, as such
ith,,elloonitilly do from diminished confidence, the._
reci4a oo'„en,ee, embarrassment, and pressure will
110t',",, qh,-;`‘lnue to a certain point, which the.
'lti,-,,the ,- Uleasures cannot prevent. It is not
j4!;qc,tirld"aition of affairs becomes rightly under-
thatillitiQ- sWh©n the absence of any circumstance
lltibi; any •I°ll panic-feeling is fully demonstrated,
I,Ri hfLe are l'eaction commences. In Paris the.
lhe' and 11°w viewing the subject in its propel
th
lOete eatte eY now understand more accurately
s
Vtitittsecl A of the pressure, consequently,
n
11 vs. 2 Fro '°nfidence is felt, and patties_
Th'' 'IY cho the French capital speak of
Ilieci:`Orao,'',,uae for the better as being imminent
is no"Ill'e' 6: affairs here being dependent in some
Pi al the current of events in France.
liens on. 1141. expected to improve. There is one
"ttp,XPeotati' ' the public should be warned,. viz.,
)tt-i °Vetli. I°4 thßt- when a change begins, the
1-‘e „ -,,, h -1,1 be rapid. Such b'ect"
'n't
I'''ll .. ought not to be
4rrvilblie ieeanse it ,-,1-101,24 be remembered that
Pr4' out -n,rl both counts'eg have undertakent to-
erC) Wh•ll.lllense schemes ..have
joint stock.en. enter-
t 10,,, Bich ,„
CI
rl " °I th uust continue to ab.-sozb the principal
applies
CI
Riatld e'r surplus means. The ~?ame.„a
')to„',_e Nt as well as France. Look at tho Rama Y
44'1' Exehipublished under the authority of the
eNirlit yettange, and it will be seen that during. the
iXi4tt,,it Deri,ralluillerous companies, with calls of
'll,, tlia-I:aie, wiVieallY being made, have sprung into
:nitA; list h,,•A‘e a far greater number not included
C'roa-,..; On wi---' e 51s0 absorbed a large' amount of
qr (28, and ',loll there is no present return. Look
A it ilob./.11 is found that railways, banks,
th,antie
3,./,t.ers, &c•, have been undertaken on a
eo,lotihat'ale, which have chiefly contributed to
'a;,lnett ?lent in the value of money and its
,4,arb;,': telepe,-„s' , Every country must have its rail-
goCiin ''''''Pns, and banks, and it is not at all
of ' havigntilat enterprise of this legitimate descrir
tQths4t.' extg been checked during the prevalence
P '4lll • 'ellsive F d on its
eth ation ,uropean war, snoul , up re RN • be
exceeded the bounds of prudence.
Sillt It Will Fi be found eve been atta in the end that beneficial
ined, which will fully convert' ,

sate for a brief period of inconvenient and uneasi-
ness, although they might have been partially
obviated had more accurate calculations been
formed of the drain which the too rapid prosecution
of joint-stock projects has occasioned.
The Funds continue to show a strong tendency
towards recovery. After attaining a fresh rise of
per cent, prices are now quoted per cent higher
than on Saturday afternoon.
_Consols for the 6th
Nov: have touched 921 to I, and are now quoted
921-8 to 1. The price for Money is now 913 to 92.
The Three per Cents Reduced have been dealt in
at 91 to 1 ; the New Three per Cents at 913 to 7?--, ;
Bank Stock at 211 to 213 ; Exchequer Bills at 3s
to (39 prem. ; and Exchequer Bonds at 981 to I.
The London Railway Share Market is buoyant,
with a moderate amount of business doing at im-
proved quotations :—London and North Western,
10031001. Lancashire and Yorkshire, 94 941. Great
Western 633. 64. London and South Western, 1013
1023 Midland. 753 753. Caledonian, 541541. Eastern '
Counties, 83 94-. Great Northern, 903 911 North
British, 353 36. Great Western of Canada, 22;3
22-"81- Northern of France, 371 371. Riga, Ito I
prem Eastern Bengal, 3-16 5-16 prem. Euphrates
Valley, 3 3 prem ; and Calcutta and South Eastern,
par to 3 prem.

We do not hear of any more gold having been
taken from the Bank during the last day or two,
the supplies brought by the Champion of the Seas
and Asia having apparently satisfied the Continen-
tal requirements for the moment. Further arrivals
of the precious metal are looked for with impatience,
as otherwise it is feared that recourse will ere long
be had to the stock at the Bank.

The Directors of the Eastern Railway Company
of France notify that the payment of interest on
shares will take place in Paris on and after
the Ist
thu f
November. As regards the old shares,
k
the interest u U
,:e T whole year, or 28f per share,
-
will be paid on tilt presentation of the coupon
for the first six months. of 1856. The coupon
for the second six months of the present year is
not to be detached from the shiires, but to be
reserved for payment of the dividend in May,
1857. The payment on the new shares will be
9f 90c per share, viz., 40e for 25 days' interest (to
the 30th of April) upon 150 f; and 9f 50c as a half
year's interest at the rate of 4 per cent. upon 475 f.
This payment of Of 90c will be made upon present-
ation of the coupon for the second six months Of
1856.

A third call of 1/. per share, making 31. paid, is
to he paid on the shares of the Tralee and Killarney
Railway Company by the 13th of November.
The following half-yearly meetings are newly
announced :—Sambre and Meuse Railway Com.
pany for the 11th November, in London, and for
the 21st November, in Belgium ; Demerara Rail-
way Company, for the 31st inst., at Liverpool ;
West Flanders Railway Company, for the 13th
November, in London, and for the 19th November,
at Bruges ; and East Indian Railway Company,
for the 311th instant, when a resolution will be pro-
posed to " convert certain shares, fully paid up,
into capital stock."

PALM OIL,

TO THE EDITOR OF THE NORTHERN TIMES,

Sir,—As your publication is gaining ground, and is to be the
leading journal of the day for commercial and mercantile
information, I will tliank you, for the good of those persons it
may interest, to correct an error which this day appears in the
Liverpool Albion, edited by Mr. Charles Bean, in what they
designate their " Monetary and Commercial Intelligence."
They give an account of imports into Liverpool for the first
nine months of 1855 and 1856, with the stocks in port 30th
September, in each year. To a person of Mr. Charles Bean's
deep penetration, this may be very accurate, and is quite in
keeping with the untruthfulness he wishes to insinuate against
me upon my commercial htkiness qualifications. I will show
Mr. Charles Bean that the Liverpool Albion is only a fabri-
cation—that is, if he wants to impose upon the public with
erroneous figures, in which he states—

. .
" Palm Oil, import into Liverpool from Ist January to 30th
September was-1855: 45,270 tons. 1850: 38,290 casks.
The import into the United Kingdom for 1855 was about
45,000 tons, out of which Liverpool had about 31,00 tons,
the balame was into London and Bristol."

If the Albion does not know the tons, not casks, imported
in 1856, it is about 21,000 tons into Liverpool ; and the
quantity imported since Ist to 20th October is about 5,000
tons ; and the quantity expected to arrive hero to 31st Dec. is
about 6,000 tons, which, in the aggregate, will make the import
into Liverpool, for 1856, about 32,000 tons.

JOHN CLARE, JUN.,

Liverpool, 20th Oct., 1856. 21, Exchange Buildings.

Sir Henry Barkly, the newly appointed Governor of
Victoria, with Lady Barkly apd family, left Claridge's
Hotel o❑ Saturday, for Southampton, where they embarked
for Australia.

By an imperial ukase the Protesrant and Roman Catholic
chaplains attached to the Russian army, are henceforth
placed on an equal footing as regards state pay, &c., with
those of the Greek church.

Lord Panmure, whose term of office in attendance on her
Majesty has expired, returns to Glenmark for a short time
to enjoy the sport of deer-stalking previous to resuming the
active duties of his office as War Minister.
Collisions between the garrison and the population are
continually occurring at Malta. The local papers say that
shops have been plundered, and police-officers ill-treated.
One hundred and fifty notables have made a protest.
There is a talk in Paris of a project for opening a monster
cafe on the Boulevard St. Denis, which is to contain no
less than eighty-six saloons, each of which will have a
special decoration typical of one of the departments of
France.

His Excellency Count Kielmansegge,Hanoverian Minister
at this Couit; has arrived at Hanover, from his estates in
Holstein. His l'_'Ncellency, accompadied by the Countess
Helene Kielmansegge, is expected to arrive in town this
week to resume his diplomaii9 duties.
THE LATE MR. G. A. A'BEcKriT.—The gentlemen who
had been so long associated with Mr. A'Beckett in connec-
tion with Punch, have caused the remains of the lamented
magistrate to be removed from the Boulogne c;Juetery
to that at Highgate, where they were deposited.on Thursday
last.

LIGIIT BREAD.-At the Magistrates' Chamber, Aylesbury,
on Saturday, no less than seven bakers of the town were
fined in sums varying from ss. to £1 for selling bread
deficient in weight, the informations having been
laid at the instance of Superintendent Hamilton, of Wen-
doyen

His Royal Highness Prince Albert has graciously con-
sented (says the Aberdeen Journal) to become patron of the
society established at Aberdeen for the relief of the destitute
children of deceased clergymen of the church and professors
in the universities of Scotland, and has given the munificent
grant of £lOO to the funds.
THE CABINET.-Lord Stanley of Alderley arrived in
London on Saturday from Alderley Park ; Mr. Secretary
Labouchere and Sir George Grey are also in town ; Lord
Palmerston is staying at his seat, Broadlands, Hants ; Lord
Clarendon is at the Grove ; Lord Granville, Lord President,
is staying at Carlsbad. The Chancellor of the Ezeberjuer,
the Duke of Argyll, and Mr. Vernon Smith, are all absent
from the metropolis.
We (Post) understand that the office of Dean of Her
Majesty's Chapel Royal, which is generally conferred on
the Bishops of London, will, by her Majesty's desire,
remain in the hands of Bishop Blomfield. We are informed
that, shortly before his retirement from the see of Lon-
don, he rendered to her Majesty his resignation of the
office of Dean of the Chapels Royal, but that her Majesty
was graciously pleased to express a wish that he should
continue to retain it.

QUICK PASSAGE,—The iron ship Don Diego has accom- I
pushed an extraordinary short passage from Valparaiso to
Swansea, occupying only 64 days, having left Valparaiso in
the evening of the 10th of August, passed Cape Horn in 15
days, and from Valparaiso to the line in 35 days. During
the remainder of the voyage she had light winds, &c., and
anchored in Mumble Roads on the 14th inst. The Dm
Diego has performed the voyage from England and back in
six months and two days.
A TAPSTER RAT.—The Normandie describes the follow-
ing incident, which it declares occurred in the cellar of a
wine dealer of Caen :—" On Saturday morning as M ---
was inspecting his stock as usual, he was much surprised to
find the cellar flooded with brandy, which had escaped from
a cask containing 100 litres. After a long examination
into the cause of this mishap, he discovered the delinquent
dead drunk in a corner. It was an immense rat, which
had, it is supposed, become entangled in the cock of
cask, and in its struggle had turned it and made a slight
opening, through which the brandy had gradually escaped.
The animal had also thrown down a bottle of liinor,
which it probably partook of until it became quite
overcome."
On Friday the 17th, his Royal Highness the Duke de
Nemours, their Royal Highnesses the Counte d'Eu, and
the Duke d'Alescon, accompanied by his Royal Highness
the Prince Philip of Wurtemberg, by General Comte
Dumas and suite, honoured with a visit Captain Lendy's
military establishment at Sunbury. The illustrious
visitors were present at a lecture on military hygiene,
and at the rifle practice. After having visited the various
field-works, batteries, &c., and partaken of some bread
baked before them by the students in their field ovens,
they inspected the collection of military models, the
studies, dormitories, &c. His Royal Highness the Duke
de Nemours paid the minutest attention to all the details,
pointing them out to his sons ; and after having spent
upwards of three hours on the grounds,the illustrious
party took their departure froni Captain Lendy,
expres-
sing their entire Satisfaction, '

FOREIGN INTELLIGENCE. 1

FRANCE

(FROM OUR OWN CORRESPONDENT.)
PARIS, SATURDAY EVENING

At a council of ministers held to-day at St.
Cloud, the terms of the note on the Neapolitan
question, which is to appear in the Monittur, were
settled. This is the only fact of political interest
that has come to my knowledge to-day.
• From an article in the Constitutionnel, it appears
that the Conference of Paris—that is, the second
congress—which was nominated by the Peace
Congress, is decidedly to assemble very shortly to
come to an understanding on the question of Bol-
grad, and others affecting the Principalities. This
journal declares that the French Government
" demands energetically the categorical execution
of all the stipulations of the Treaty of Paris." It
refers also with some bitterness to the continued
occupation of the Principalities by Austria.
Touching this said Austrian occupation, it
appears that the French Government really takes
it much to heart. The Vienna papers say that it
has addressed a note to the Austrian Cabinet,
demanding the cessation of it.
The Emperor to-day received the Birman Am-
bassadors. They and their suite went to St. Cloud
in several carriages, and their attendants carried
large parasols, or rather umbrellas, for such they
were, as a sign of their dignity. The Emperor
afterwards went to Satory, where he passed in
review and manoeuvred the troops of the garrison
of Versailles. His Majesty has lately been
rnanceuvring the troops a good deal. In thus
taking the actual command of them, he, no doubt,
only indulges his taste for soldiering; but some
gravely declare that he is learning how to command
vast bodies of men preparatory to the " next war."
A slight improvement has taken place on the
Bourse to day.

We learn by telegraph, via Vienna, that a saner.
guinary conflict between the gendarxnene and the
population, has taken place, at Moldolba, in the
Roman States. 'No details are showing themselves
as to the long-expected crash.
A Madrid paper mentions a rumour that a large
amnesty is to be granted, but we have received no
confirmation of the fact.

PARIS, SUNDAY EVENING

T have no news to communicate to-day. Atten-
tion continues to be fixed on the Neapolitan affair,
and the greatest curiosity continues to be mani-
fested with respect to the note which is to be
inserted in the Moniteur in a day or two.

The Emperor and Empress have left to-day for
Compiegne, where they intend to pass a fortnight.

It is stated that the-Emperor, in a recent inter•
view with Lord Howden, our minister in Spain,
who has been for some time in this city, assured
his lordship that it was his intention to continue
to act in accordance with England in Spanish
affairs.

The weekly commercial report represents trade
as very dull, not only in Paris, but in the provinces.
We have accounts from Constantinople to the
9th. They confirm the strange fact mentioned in
a telegraphic despatch the other day, of the Cir-
cassians having defeated the Russians, and taken
from them 600 priGoners and a number (it is said
16) guns, This affair is said to have taken place
near the Labs.. It is added, that in another affair
near the Kouban, they were also defeated, with a
loss of five guns. The accounts assert positively
that a French fleet was to return to the Black Sea.
Also, that the English had sent an expedition of
15,090 men into the Persian Gulf, but that Turkey
had solicited the mediation of France. The Sultan
had requested the new bast to advance £1,000,000
sterling, and to regulate the circulation of moneys.
A 11r arpeilles despatch says, that Marshal Ran•
don had published an order of the day, felicitating
the troops on their recent :victories in Kabylia, and
promising that they shall make the conquest of the
whole of Kabylia in the spring.