The Northern Daily Times.
Liverpool, Merseyside, England, 1856-05-23 00:00:00

cannot be a party to treaties, or

other compacts

which are to enforce the

'option of certain principles on the civilised

countries of the world

The idea is too con-

ble, and the undertaking too immense for

a nation who hope to enjoy, for another series of

years, the admiration and respect of surround-
We are indebted mainly to our

ing States

)nsisteney, manliness,

and freedom from all

)articipation. in the designs of other countries, for

the influence we enjoy in the councils of Christe

dom ; and let it never be said of Great

fallen from her high position, and

common

who dread the advance of the

tom, and civilisation, of which

coma

we are the champions, more than they do the
spread of the blackest despotism.

There has been rather more business done in the
Cotton Miirket to-day, and the sales reach 7,000
bales, of which 1,500 have been taken for specula-
tion and export. Prices continue steady.
The Liverpool Share Market opened with a firm
tone, but became easier, closing firm, however, at
the following prices :-Aberdeen, 131 131. Chester
and Birkenhead,, 151 16. Caledonian, 301 301.
Chester and Holyhead, 151 16. Eastern Counties;
101101. East Lancashire, lin 191. Great Northern
231241. Ditto A; 91 1011. Great Western, 601 611.
Lancashire and Yorkshire Stock, 919111. Liverpool,
Crosby and Southport, 17174. London and North
Western Stock, 102 1021. Manchester Sheffield,
and Lincoln, 293 29f Ditto Pref., 111 111. Ditto
New 6 per cent. Pref., ?Tn. Midland Stock,
771 771. North British, 88 81. North Staffordshire,
6k 61ct. South Eastern and Dover, 21 7-16 211.
York, Newcastle, and Berwick, 20k 201. York
and North Midland, 281 281. Leeds Capital Stock,
101 161. Buffalo and Lake Huron, 1 1.1 p: Dutch
Rhenish, 1 1 11-16 p. Great Western of Canada,
261 261. Ditto New Shares, 31 31p. Ditto 2nd
issue. 31 31p. Great Luxembourg, 7i 7-Id.
At Havre business has been very brisk this week
in the grain and cotton markets. The sales of
wheat comprised 60,000 kilos. of Brittany at 76f.
to 79f. per 200 kilos., 10,000 kilos. at 78f., 72,000
kilos. at 80f., and 46,000 kilos. at 88f.; flour, 2,800
barrels, New York, from 39f. 50c. to 43f., and 200
barrels, Baltimore, at 43f. The advices from the
United, States, regarding the cotton market,
announcing a diminution in the stocks on hand,
caused a firmness in prices. Many pnrchasers
from the interior bought at the old prices, and
1,200 bales of Louisiana realised from 821 r. to 93fr.
per 50 kilos. The arrivals from New Yolk on the
19th comprised 5.120 bales of mixed Louisiana and
Georgia, a portion of which was sold before it was
landed.

The Belgian Chamber of Itepresentatives is at
present engaged in discussing some measures
tending to modify the laws relative to the com-
merce of the country, which are brought forward
by the Minister of the Interior. The section now
under consideration proposes a reduction of the
duties on imported iron, as follows s—pig iron,
2f per 100 kilos ; bar iron, if ; manufactured cast
iron, 5f ; do. wrought iron, 7f 50c; do. in copper
and other metals, 12f; and wire of all kinds, 12f
per 100 kilos. These different rates have been
approved of by the President of the Central Com-
mittee of the Association for Reforming the Cus-
toms in Belgium, and there is every likelihood
that the measure will pass the legislature, with but
slight modifications.

The Portuguese Chamber of Deputies at a recent
meeting adopted the two financial projects pre-

sented by the Minister of Finance, relative to an
arrangement made by him with the holders of the
foreign, debt, and authorising him to negociate a
loan of three millions sterling by an issue of 3 per
cent. bonds. The first measure was passed by 76
votes against 29, and the second by 70 against 37.
These ,votes, it is said, strengthen the Cabinet,
notwithstanding the violent opposition made
against the re-organisation of the national finance,
and the government are thus confirmed in their
views by a powerful majority in the House of
Representatives.

The Indemnity arrived yesterday from Mel-
bourne, with 7,387 ounces of gold, and the Eagle
has been announced this morning from the same
place with 66,464 ounces.
The easier condition of the Money Market has
induced the Bank of England Directors, at their

" parlour" meeting this day, to remove the addi-
tional 1 per cent imposed in October last on the
negociation of paper having more than 60 days to
run. The minimum charge is now therefore 6 per
cent for all classes of bills. The influx of specie
into the Bank of England, the favourable state of
the Continental exchanges, and the cessation of
shipments of the precious metals to Turkey have
rendered this measure advisable, and it is confi-
dently expected that monetary affairs will now
gradually improve.

- The effect produced upon the Money Market by
the announcement of the reduction by the Bank of
the rate of discount which had been generally anti-
cipated is trifling, the more especially as good paper
has recently been negociated out of doors at a
reduction from the Bank charges. Nevertheless,
to-day's measure is regarded with great satisfaction,
as indicating that expected improvements in the
Money Market has at length fairly set in. It is
understood that the resources of the Bank are
gradually increasing, and the influx of gold and

cessation of the drain to Turkey, are considered
all to warrant the belief that a further ame-
lioration will take place. The Funds con-
tinue to exhibit general firmness, but the
closing quotations this afternoon showed
a decline of per cent, the prices being finally
stated, at 94-1 to 9.4 In the Stock Exchange,
money is remarkably abundant, and loans are
obtainable on Consols from day to day, at the low
rate of 3 per cent. per annum. The scrip of the
new loan, after being marked as high as 2i prem.
was last quoted 14 to 2 prem. At Paris, to day,
the Three per Cent Rentes were rather higher for
money, but the account price showed a decline of A.
per cent. The gold, by the Eagle, is expected
to be in hand to-morrow, and in the absence
of any demand on Continental account, the whole
will probably be sent into the Bank. The
Railway Share Market to-day was rather flatter.
At the close of the day, Railway Shares were
quoted as under :--Caledonian, 6-01 61- Eastern
Counties 10 10k. East Lancashire, 77i 78k. Great
Northern, 951 951. Do. A, 79/ 801. Great Western,
601 61. Lancashire and Yorkshire, 90/ 91.
London and North Western, 1024 102/. Manches.
ter, Sheffield, and Lincolnshire, 29k 294. Midland
Stock, 771 771 North British, 35 36. South
Eastern and Dover, 701 701. York, Newcastle, and
Berwick, 80 82. York and North Midland, 57 58.