The Northern Daily Times.
Liverpool, Merseyside, England, 1853-10-11 00:00:00

COUNTY CO URT. v --ESTERDAY,

, .
His Honor, JOSEPH POLLOCK; Esq., sat at ten o'clock,
yesterday. Several commitment summonses were disposed
of, none of which presented any. public importance. The
Court then proceeded to take up insolvent cases.
In re MEYER.—Hermann Christian Meyer, a German,
was opposed by Mr. Hime, on behalf of Messrs. and
Jaffa, and by Messrs. Smith, Halliday, Henderson, Clarke,
Ward, and other creditors. Mr. Hughes 'appeared for the
insolvent. It appeared that the insolvent had taken a house
in Moorfields, and subsequently in Renshaw-street, as a
restaurant and victualler's establishment. Not being pos-
sessed of capital, he had incurred several debts for the fitting
up of the prethises, and the speculation proved a failure. Mr.
Hime asked for a suspension of the petition upon the ground
that the insolvent had embarked in a business speculation
without being possessed of capital sufficient to enable him to
carry it on, and that he had induced several parties to give
him credit upon statements that he was possessed of certain
property, which did not afterwards appear. Mr. Hughes
urged that the insolvent had been led into the speculation
through ignorance of the business of this country, and that
no dishonesty whatever was attributable to him iroughout
the whole of the transactions. His HONOR said if he
thought the insolvent had been led into the folly which he
had committed by ignorance of the country, he would look
upon his conduct in d different light from that in which he
was now compelled to view it. But in whatever country the
insolvent was placed, he should have known that, as an
honest man, he should not have taken upon himself engage-
ments which he had no prospect of being able to discharge.
If the creditors thought it their interest to ask for a dismissal
of the petition, he should have great difficulty in refusing to
accede to their request, but he believed they all considered it
more for their interest that the estate should be administered..
He could not think that the insolvent was misled by igno-
rance of the country, or its language, into undertaking a busi-
ness without any capital, and making representations to his
creditors which were not borne out by fact. The insolvent
must have known perfectly well that he had not the means
of carrying on business for the length of time by which
alone such an experiment could be expected to succeed.
Whether by a native of this country,. or by any other, that
Court could not sanction the embarking in business when a
man had really no means of carrying it on, especially when
he had lucrative and respectable employment in a depart-
ment in which he was qualified to obtain a livelihood. The
Court should therefore suspend the final order for nine months,
withhold protection for two months from that time, and di-
rect that the estate should be administered. Mr. Hughes
urged that the insolvent should be granted the protection to
enable him to carry on his business. The Court enquired
what the opinion of the creditors was, and as a majority of
them appeared to desire that the protection should bo
granted, decided upon allowing it to the insolvent for three
months, to be renewed from time to time. Some other insol-
vent cases of no public • importance were then disposed of.
Interpleaders were then taken up.
In re LoNasuAw.—Mr. Almond appeared in behalf
of Mr. Thompson, claimant, and Mr. Hime for the
execution creditor. It appeared that the claimant
was lessee of a public house, in which there were
certain fixtures, a beer-engine, some tables, and other articles
which he claimed as his property. These articles were seized
under execution by the creditors of Longshaw, to whom the
interest in the house was transferred in 1852. It was urged
upon behalf of the claimant that the fixtures had continued
to be his property during the different transfers which took
place of the public house. Mr. Thompson was briefly ex-
amined to prove his claim. The Court ruled that there had
been no proof that the property belonged to Longshaw, the
execution debtor? and in favour of the claimant.
The Court adjourned at one o'clock to ten o'clock this
morning.

LIVERPOOL MARKETS—MONDAY.
(Written expressly for the Northern Daily Times.)

COTTON.—The sales to-day are 7,000 bales, 1,500 of which
have been taken for export and on speculation. The advices
brought by the Niagara have had a tendency to check a further
decline, and the market closes with firmness.
SUGAR.—There has been a better enquiry to-day, resulting
in the sale of 350 hhds. Demerara, at 325. 6d. to 345. ; 65 hhds.
Barbadoes at 355. 3d."to 395. 9d.; 800 bags of Dates, at 31s.
6d. to 365. ; 330 bags of Bengal, at 375. 6d. to 40s. ; and 40
barrels of Porte Rico, at 38s. to 395. 3d. per cent.
Of MOLASSES, an indirect parcel of 120 puncheons St.
Vincent, is reported at 16s. 6d.

Rum.—Twenty-fivo puncheons Demerara have brought pre-

vious rates.
In COFFEE nothing additional has occurred.
RICE operations continue extensive, 18,000 bags Aracan
having changed hands at 1 la. 9d. per cwt.
One hundred bales Bombay Madder Roots have been dis-
posed of, at 375. 6d. ; 20 chests of Shellac at 48s. to 50s. ;
12 casks Oporto real Argolo at 365. 6d. to 375.; per cwt. and
30 casks cocoa nut Oil at £47 per ton.
TEA. —The market Continues firm, and some few sales have
been made at previous rates.

SHARE MARKETS.-YE STE lIDAY

LIVERPOOL.—The market remai
state as on Saturday, the transactions are :
Caledonian, 24-1;" Eclitibro' and Glasgow, 153 ; Lancashire
and Yorkshire, 63 ca 2i ; London and N. Western, 103
; Man. S. and. Lincoln, 20 ; Midland, 60 i 60
59 I N 1; North British, 64 ; South Eastern Stock, 17i 18-9
118-9 K.

much the same

MANCHESTER.—The market opened very firm this
morning, but towards noon went flatter. We close steady at
the lower prices. Stocks scarce for present settlement :--
Ambergate, 4cl ; Blackburn, 4 15-16 ; Eastern Counties, 1H;
Lancashire and Yorkshire, 53 2,1; London and North Wes-
tern, 104; Do. Qrs C, 7-1613. ; Man. Sheff. and Lincoln, 191;
Do, New £6 Pref., tip, ; Midland Railway Consols, 60 594
9 ; Do Bradford Shares, 99 ; North British, x.n. 61; South
Easrern. x.d. 17 13..16 ,1 11-16 4.
LONDON.—Bristol and Exeter, 94 1 ; Caledonian, 501 1
50 x d ; Eastern Counties, 124- 117,-; Great Northern, 741 ;
Ditto B, 125; ; Great Western, 814- 801 ; Lancashire and
Yorkshire, 63i a 23; Ditto Fifths, lin ; Leeds Northern,
121; London and Blackwall, 71; London and Brighton, 95 ;
London and North Western, 1041 3,1 4 ; London and
North Western Eighths, 2 ; London. ann South Western,
76 7 ; Midland, 601 60 ; Newport and Hereford, 12=1;
North British, 261_; Oxford and Wolverhampton, 381 ;
Scottish Central, 87 x. d. ; Scottish Midland, 55 x. d. ;
Shrewsbury and Chester (Halves), 74; South Eastern, 60
581 x. d. ; York and Berwick, 63 H ; York and North Mid-
land, 46. 6 7 53 ; Buckingamshire, 99k; East Lincolnshire,
Guar. 6 per cent.,. 143 ; Midland Bradford, 99 100 ; Wear
Valley, Guar. 6 per cent., 291.
GLASGOW.—Moderate business doing, without much al-
teration in prices. Caledonians are quoted at £5O. 7s. 6d.
being an advance of 50.; Glasgow and South-weitern, X 61.153
being 2s. 6d. below the highest rates of Saturday.