The Northern Daily Times.
Liverpool, Merseyside, England, 1856-01-10 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, WEDNESDAY EVENING.
The Liverpool Cotton Market continues dull,
and with a supply in excess of the demand
prices have still further given way, and must now
be quoted fully a farthing per pound lower than
on Friday last. The sales to day amount to 6,000
bales, of which 2,000 have been taken for specula-
tion and export.
) The Liverpool Share Market opened at a decline
upon yesterday's closing prices, and with a heavy
feeling in consequence of the sudden fall in
Consols. From the trifling business that has
lately been doing, and the small speculative
account there is open, shares are less affected
than might have been expected, but the market
closes with a feeble tone :—Aberdeen, 11 11-1.
Chester and Birkenhead, 13 13t. Caledonian, 26k
27. Chester and Holyhead, 111 1 11. Eastern Coun-
ties, 8 1-16, 8 3-16. East Lancashire, 178 17k. Great
Northern, 211 22. Ditto A, 81 01. Great Western,
511 511. Lancashire and Yorkshire Stock, 751 76.
4
Liverpool, Crosby, and Southport, 131 14. Lon-
don and North Western Stock, 931931. Manches-
ter, Sheffield and Lincoln, 23k 231. Ditto Prefer-
ence, 134 13i. Ditto New 6 per cent Pref., 7-16 1p-
Midland Stock, 621 621. North British, 71 71.
North Staffordshire, 81 81-d. South Eastern,
16k 17. York, Newcastle, and Berwick, 161 161.
York and North Midland, 221 221. Dutch Rhenish,
13.16 11-16 d. Great Western of Canada, 24k 24.
Ditto New Shares, 2 28p. Great Luxembourg
101 10d.

At the meeting of the proprietors of the Colonial
Bank held to-day, a dividend at the rate of five per
cent per annum, free of income tax, was declared.
This, it was stated, would require 12,5001., and
that as the profits for the half-year were
21,0861. 2s 11d, it left 8,5861. 2s lld to be added to
the fund to meet bad debts, which fund is now
increased to 159,7111. 12s 6d. The report was
adopted, and the retiring directors and officers
re-elected.

The half-yearly meeting of the London and
Greenwich Railway Company was held yesterday.
The accounts for the half-year were laid before the
meeting, from which it appeared that an available
balance of 11,332/. 3s. 6d. remained for the divi-
dend on this occasion, which was settled at ss. 3d.
per share for the last six months, free of income
tax. The accounts were passed unanimously.
A dividend at the rate of 7 per cent. per annum
has been declared on the shares of the Commercial
Bank of London, payable on or after the 28th inst.
The Ottoman Government have published a Re-
port of the Minister of Finance, concerning the
budget of expenses occasioned by the present war
to Turkey. This important statement is submitted
to the consideration of a board of control appointed
by the Sultan, and comprises the budget from the
27th May, 1853, to the 27th September, 1855—a
period of 28 months. During that period the
disbursements of the treasury for exraordinaiy
expenses of war, marine, and artillery, amounted
to 11,200,0001. sterling, of that sum 5,400,0001. is
covered by the budget allotted for the three
departments; and 4,573,0001. obtained as follows :

—Produce of the first loan 2 286,2881. ; advanced by
Rothschild on the new loan 600,0001.; national gifts
201,800 /. ; issue of paper money 1,440,0001., and bank
of deposit loans 46,700/. ; thus leaving a sum of
1,227,000/ to be claimed by the Treasury as excess
of expenditure. To make up this deficiency, and
to prepare for any further outlay in prosecuting
the war with vigour and ease, as the Minister
expresses himself, there is a likelihood of Turkey
being obliged to come again into the Money Mar.
ket for a new loan.

The downward movement in the English Funds
has made a further decided progress to day.
The opening rates this morning were no less
than K per cent below the 4 o'clock quotations of
yesterday. This fall was caused by a general
impression that the answer of the Czar, which
has been despatched from St. Petersburg to
Vienna, amounts to a rejection of the peace pro-
posals. No official confirmation has been given to
this reported version of the reply; but opinion in
the City today was utterly adverse to the idea of
peace. The extreme depression during this
morning, however, was followed by a partial
recovery. At the close of the Stock Exchange the
reduction, as compared with yesterday's prices,
was / per cent., the quotations being 86 1.16, 86
8-16. The general character of the market is de-
cidedly unsettled. The arrangements for the
monthly account in Consols increases the pre-
vailing sensitiveness of prices. The late heavy
sales of stock attributed to the bank on the
government account, have greatly aggravated the
collapse of the market. Added to this, there is a
growing apprehension that the money market is
becoming more stringent. An uneasy feeling pre.
vails as regards future returns of the bank. It is
feared that the stock of coin and bullion will be con-
siderably reduced under the combined influence of
the dividend payments, and the foreign demand
for gold. Despite, therefore, the temporary relief
imparted to the money market by the dividend
disbursements, which commenced this day, the
belief that the availa.bte resources of the institution
are diminishing, causes each succeeding weekly
board-day at the bank to be looked for with anxiety.
The demand for money continues good, and full
rates are exacted, but there is no especial pressure.
At Paris the Three per Cent. Rentes closed to-day
about A-- per cent lower than yesterday. The Corn
Market to day was firmer, at fully last Monday's
prices. The Railway Share Market continues to
suffer from the steady fall in Consols. This
department, however, is comparatively much stea-
dier in character. The following were the
closing quotations :—Caledonian, 553 551. Eastern
Counties, 88 81. East Lancashire, 67 68.
Great Northern, 87 88. Ditto A, 72 73. Great
Western, 51i 511 Lancashire and Yorkshire, 751
76. Leeds Northern, 12 121. London and
North Western, 9n. Manchester, Sheffield,
and Lincolnshire, 23 231. Midland Stock, 621 63.
North British, 28 29. South Eastern and Dover,
561 566. York, Newcastle and Berwick, 663 67k.
York and North Midland, 441 45.
The Admiralty will receive tenders on the 17th
instant for the supply of 20,000 blankets for the

transport service

TILE CAMBRIA.—This splendid steam-ship, which has
been engaged by the government as a hired transport
since the 14th of April last, arrived here yesterday, after
calling at Plymouth on her return from the Crimea.
During her employment in the service of the government,
the Cambria has steamed upwards 22,500 miles. Captain
Brett. of the 15th Hussars, was among the passengers,
and the Cambria brought home two horses belonging to
Colonel Wilson Patten, M.P., in command of the Duke of
Lancaster's own militia regiment nov stationed at
Malta.

ORDER OF TEMPLARS.—The officers and members of
St. George's Temple of Honour and Temperance celebrated
their fourth anniversary on Monday, by a soiree and ball.
Upwards of 300 of the brethren and their friends partook
of the " cup that cheers, but not inebriates," and a most
excellent collection of the good things of this life. Brother
Wm. Atkinson, W.C. Tern., presided, and amongst the
visitors were, 'Brother' John Vickers, W.C. Tern., and
several of the brethren from the City of Manchester Tem-
ple, also several from the Sona Temple, No. 2, of Liver-
pool. After tea the whole of the brethren assembled on
the platform dressed in costume and displaying the splen-
did regalia of the order. The opening Ode of the Temple
was sung, after which Mr. Knott, optician, kindly amused
the company by exhibiting his splendid series of dissolv-
ing views ; then followed songs, choruses, and recitations,
by Messrs. William Simpson, Brother Joseph Thomas,
D.M.W.T., and several other ladies and gentlemen. At
half-past ten o'clock the room was cleared for dancing,
which was kept up with the greatest spirit, and most
efficiently conducted by Brothers Oliver Huston and Jas.
Sweetman, as masters of the ceremonies, until four o'clock
in the morning, when the company separated highly
delighted with the pleasures they had enjoyed.
CAPTURE OF A GANG or COlNERS.—Yesterday morning,
the police made a capture of a gang of coiners, in Eldon-
street, and at the morning sittings in the police court,
before Mr. Challoner, the following persons were brought
np by detectives Scaife, Thompson, Laycock, and Gris—
thenwaite. Peter Mahon, alias Clark, Thomas Davis,
George Seymour, John Thompson, Mary Sullivan, and
Mary Cross. The facts of the case were these. The
police having received certain information, that a gang of
coiners inhabited the house, No. 77, Eldon-street, they
went to an empty house adjoining, from the top room of
which they could see into the house in question. They
watched one night, but nothing " turned up." However,
early yesterday morning, they saw all the prisoners in a
room, in which Clarke was observed to make several
counterfeit half-crowns. The officers having procured
assistance, broke into the room, when a fierce scuffle took
place, and after considerable resistance, the prisoners
were captured. It appeared that when the prisoner Clark
made the coins, the other prisoners examined them, and
on-searching the room, 17 base halt-crowns, a quantity of
metal for making coins, moulds, and all the other
ingredients and apparatus used in the manufacture of base
coin were found. The prisoner Clark is the husband of a
woman, who a few days ago was committed for trial for
having thirty base crown pieces in her possession. The
prisoners were fully committed for trial, the mint authori-
ties undertaking to prosecute.

LATEST INTELLIGENCE.

SECOND EDITION.

THE ARMY IN THE CRIMEA,

DESPATCH FROM GEN. CODRINGTON

A supplement to the Gazette of Tuesday pub-
lishes the following despatch received from Gen.
Sir W. J. Codrington by Lord Panmura.
Sebastopol, 27th December.
Lord,—Your Lordship has referred in several
despatches to drunkenness in this army.
Returns are now in my possession from every
regiment of all cases of drunkenness tried by
court-martial, as well as those settled at the
orderly rooms, for the months of September,
October, and November. It was during this time
that arrears of field allowance, more than £2 each
man, were received as back pay, besides 10,000
receiving additional working pay, and yet the
result is that, including artillery, sappers, and
infantry, the number of crimes of drunkenness,
(and there are many more than the men drinking,)
is a little above one man in two days per company
estimated at one hundred men.

No doubt there are many facilities in all these
open and crowded camps for drunken men to get
in without being seen ; no doubt they do so and
escape observation. But suppose we double or tre.
ble the amount of these numbers which are taken
from official returns, and I suspect the army
will bear a comparison with many towns, many
villages, and many populations of Great Britain.

It is as easy to give, as it is as easy to read, a
minute, a ludicrous, or even a filthy description of
drunken men, and it seems seized upon as the
type of the whole. The fathers, and mothers, and
wives, and sisters in England, are fully persuaded
we do nothing but drink, and the good character
of the army is forgotten, in a few sketches from
nature.—l have, &c., W. J. CODRINGTON.
To the Lord Panmure, &c., &c.

~._

DESPATCH FROM GENERAL VIVIAN

Head-quarters, Kertch, Dec. 21st, 1855.
My Lord,—l have, with much regret, to report
to you the death of Captain R. S. Sherwood, of
the cavalry of this force. This offic3r was engaged
in a skirmish that took place on the 16th inst.
between a detachment of our cavalry and a party
of Russian cavalry. His gallantry in this affair
was most conspicuous, as is reported to me
by the officer who commanded the detachment.
Capt. Sherwood was severely wounded, and was
carried off by the ißussians, and, as I have since
learned, died on the 19th from his wounds.

I deplore his loss, for he was an intelligent and
very promising young officer.

I have reason to believe that the treatment he
received from the Russians was most humane and
considerate.—l have, &c., R. J. H. VIVIAN.
To the Lord Panmure, &c.. &c.