The Northern Daily Times.
Liverpool, Merseyside, England, 1856-05-09 00:00:00

MIS DAY,

to th

" surveyor be instructed to divide the site of the I
" Old Borough Gaol into lots suitable for the I
" erection of warehouses, and that the same be put I

n bri

" up by auction in the usual manner, on seventy..
" five years' leases." Will the Lords of the
Treasury countenance any other system of dealing
with Municipal property, so long as a trace of the
Corporation Reform Act remains on the statute
book? We think not.
Let their Lordships read the plain and un-
varnished history of this job—let them look to the
94th section of the Act sth and 6th WILLIAM
IV., Cap. 76, and then turn to sections 96
and 97, and ask themselves if they can legally
sanction the leasing or selling of any portion of

a corporate estate except by public auction, or

without the most searching investigation, on oath,
into all the facts, when it is openly alleged by a
large number of a corporation that their property
is about to be disposed of for an "inadequate
" consideration." We have long since despaired of

keeping.munieipal jobbers within the pale of Con-

stitutional o

TZE NORTHERN TIMES.-L

MONE.‘TARN. AND COMMERCIAL.

LIVERPOOL, THURSDAY EVENING,

The American advices have failed to produce
any increased activity in the Liverpool Cotton
Market, but holders continue to show great firm-
ness, whilst the trade buy but sparingly. The
total business to.d:wy amounts to 6000 bales, of
which 1500 have been taken for speculation and
export.
_ . _ _ _

In the early part of the day the Share Market
showed great firmness, without, however, leading
to any business of importance. The same feeling
prevailed until late in the day, when prices became
rather easier, closing as under :—Aberdeen, 13 132.
Chester and Birkenhead, 158- 154. Caledonian,
294 30. Chester and Holyhead, 154 16. Eastern
Counties, 91 9i. East Lancashire, 19 191. Great
Northern, 231 24. Ditto A, 9,1 98. Great
Western, 61i 62. Lancashire and Yorkshire Stock,
88 888. Liverpool, Crosby, and Southport, 167,-
171. London and North Western Stock, 1008 1001.
Manchester, Sheffield, and Lincoln, 284 29. Ditto
Pref., 111 12. Ditto New 6 per cent. Pref., 7-16
9-16 p. Midland Stock, 741 748. North British, 88
81 North Staffordshire, 6 51d. South Eastern, 21
3-16 21 5-16. York, Newcastle, and Berwick, 19
191. York and North Midland, 271 '2B. Leed
Capital Stock, I:sa 15. Buffalo and Lake Huron,
2 24-p. Dutch Rhenish, 1 3-16 lip. Great Western
of Canada, 26 9-16 26 11-16. Ditto New Shares,
3 9-16 32p. Ditto 2nd issue, 3 9-16 38p. Great

Luxembourg, 81 81. d.
In the Manchester Goods Market there has been
very little business done to-day, and prices have
not undergone any important alteration either for
Lords I Goods or Yarns.

The following is a statement of traffic receipts
of the Great Western Railway of Canada by pas-
senger and goods trains for the week ending 18th
April, 1856,, and for the corresponding period
last year :-18th April, 1856—total receipts,
16,0251. 125.; 20th April, 1855—d0., 11.662/. 12s.
7d. ; Increase, 4,3621. 19s. sd. Aggregate gross re-
ceipts from the commencement of the current
half•year to date, 121,5581. 13s. .6d. sterling ; do.
for the corrreaponding period last year, 85,0201.
7s. 5d do.

Accounts from the Belgian grain market state
that there is a downward tendency in the prices of
wheat and flour. At Waremme wheat is 38f 250
per 104 kilos, being 75c lower than previous quota-
tione ; rye, 27f per 95 kilos, a fall of lf ; and oats,
25f per 121 kilos, being an improvement of lf. At
Antwerp American wheat is 17 florins per 80 kilos,
and white Zealand 171 florins, with no sellers.
American rye is 101, florins, and native grown 10.1,
to 104 per 70 kilos. Zealand barley is in demand
at 7/ florins per 62 kilos.
Reports from the French grain and flour markets
show very little variation in prices, but the demand
is not great. At Paris the factors declared to 3,713
sacks of flour, of which 1,695 sacks were sold for 30
days' bills, and 1,591 for cash, at an average price
of 54f 16e per 100 kilos. For the 4 marks, buyers
were not numerous, and prices ruled at 88f for the
current, and 88f 50c for four months. At Havre,
sales to the amount of 3 972 barrels of American
flour realised from 29f 25c to 37f 35c per barrel.
Letters from the French cotton factories
,this week
mention that business is brisk, with a good demand
for light fabrics. At Mulhouse, prices have a
downward tendency, notwithstanding the large
orders in hand, and the arrival of fresh commis-
sions from the chief towns. The supply of raw
material is steadier, which has contributed to the
decline in prices.

The naval estimates for the year 1856.7 have
been issued this morning. The amount of the
original estimate was 19,876,6681; but it has been
reduced to 16,568,6141, in consequence of peace.
The sum already voted is 16,780,1541, leaving
811,260 to be made up.
The annual meeting of the National Provincial
Bank of England was held in London this day,
John Laurie, Esq., in the chair. The report
was highly satisfactory. Three new branches
had been established, viz., at Hanley, Salisbury,
and Conway. The result of the year's operations
was thus :

Net profits of 1355
Reserved fund ...

£84,304 12 9
162,890 13 8

£247,195 6 5
Deduct dividend for 1855 36,100 0 0

Leaving rest or undivided profits,
31st Dec., 1855. £211,195 6 5
The directors announced a bonus of 8 per cent. in
the company's stock, in addition to the half-yearly
dividend at the rate•of 8 per cent. per annum.
The reserve fund would then be 175,195/. 6s sd.
In consequence of the large increase of the bank's
business an issue of 15,000 small shares of 20/.
each would be offered at par to the proprietors,
The report was adopted, and a vote of thanks was
given to the directors, to D. Robertson, Esq., the
general manager, and officers of the establish-
ment.

The variation in the Funds to-day was limited
to about g per cent , and prices closed at 934 to
933. This was settling day in Consols. A disposi-
tion to operate for higher prices is still observable,
encouraged by the steady investments of the pub-
lic and by the belief that the next Government
loan will be of no small amount. The belief is

expressed that, although the rates of money may
not be immediately reduced, the period of greatest
stringency has now been passed. The demand
for money was, to-day, active, especially for Stock
Exchange purposes, in connection with the
monthly settlement in Consols. The Bank's
minimum rates of discount are generally main-
tained, but no pressure is observable in commercial
channels. At Paris, to-day, the Three per Cent.
Rentes closed much the same as yesterday,
The arrivals of specie continue large. The
Colonial Wool Sales commenced to-day, and
will terminate on the 31st instant. There was a
full attendance of buyers,, and the bidders were
very spirited. An advance of fully 10 per cent.
over the prices current in March may be quoted.
The Railway Share Market was rather weaker this
afternoon,—the following being the final quota-
tions:—Caledonian, 501 60. Eastern Counties, 9
13-16 9 15-16. East Lancashire, 76 78. Great
Northern, 94i 95. Do. A, 79 80. Great Western,
611 611. Lancashire and Yorkshire, 8811 888.
London and North Western, 1001 1002. Manches-
ter, Sheffield, and Lincolnshire, 281 29. Midland
Stock, 742 741 North British, 34i 35. South
Eastern and Dover, 704 71. York, Newcastle, and
Berwick, 771 781. York and North Midland,
551 551.

THE QUEEN'S VISIT TO ►SOUTHAMPTON WATER„--The
Town Clerk of Southampton on Wednesday, received
official notice that the visit of her Majesty to Southampton
Water, to lay the foundation stone of the new military
hospital near Netley Abbey, is posponed until the 14th or
19th inst., in consequence of the inclemency of the
weather, and because the preparations for laying the
foundation stone are not in a sufficiently forward state.

--.--

ELECTION EXPENSES.—Yesterday morning was issued
a return to the House of Commons, moved for by Mr.
Duncombe, 11i. P., of the names and descriptions of
election auditors, &c., and of election expenses made up
to the present time, in continuation of a parliamentary
paper issued last session. At the election at Liverpool,
at which Mr. Ewart was the successful candidate, Mr.
Ewart's expenses were £1,309 Is 8d ; Sir S. G. Bonham's
£1,313 18s Id.

Tnn Customs' BILL or ENTItY.—An error occurred in our
yesterday's impression, in a paragraph relative to the im-
provements recently introduced by Mr. Price Edwards, the
collector, into the Customs' Bill of Entry. It was stated
the value of duty on goods imported into Liverpool during
the first three months cf the present year was £10,447,864.
It should have been stated as the value of " duty free"
goods imported during the same period. A very material
difference, as will be at once seen. The value of imported
goods, which pay no duty, is one of the new and important
features in the publication to which we before alluded.

CORONER'S COURT YESTERDAY. The Coroner held
inques's yesterday in the cases reported in our publication
of Wednesday. The details were the same as already
given, and Nerdicts were returned in accordance with the
facts stated.

AMERICAN MAILL—The royal mail steamer Canada,
will sail tomorrow for Boston and Halifax, wi.h the
Canadian and United States mails, &c. Letters, in the
usual course, will be received at the General Post Office up
to eleven, and with late fees to twelve o'clock. The box
at the Landing-stage will be open to one o'clock, with
additional late fees, which is one shilling on letters.

VERPOt

FRIDAY, MAY 9, 1866

LATEST INTELLIGENCE.

FRANCE

The letter of our own Paris correspondent had
not arrived at the hour of our going to press.

POLITICAL AMNESTY

The Queen, being desirous of marking the return

of Peace by an act of grace and clemency, has
given orders that a full and free pardon shall be
granted to all the persons now under sentence for
political offences.
By this act of generosity Mr. Smith O'Brien and
his associates, together with Frost, and those who

were sentenced with him, will be allowed to return
free to the United Kingdom.
The only exceptions will be two or three persons
who broke their parole in escaping from Australia.

TURKEY.

CONSTATINOPLE, APRIL 28

The Journal de Constantinople, which had been
sentenced to two months' suspension, has been
pardoned.
The troops at Adrianople having left that city,
some disturbances connected with the hatti-sherif
had taken place.
The Governor of Smyrna has left for Magnesia.
The Porte is busily occupied sending troops into
Syria to repress the disturbances there.
The Circassian Deputies, who attract great
attention, are daily visiting the great dignitaries. of
State.

French and Sardinian troops are daily passing
the Dardanelles, en route for Marseilles and Genoa.

Two regiments of English cavalry have embarked
from Scutari on their way home.
The 12th Lancers are preparino• to return to
India, and will take the horses of 6 a regiment of
Hussars with them besides their own.
The men of the Hussars are to come home.
It is rumoured that Saleh Pasha and his steward
are acquitted of the murder of the Greek girl at
Varna, and a groom alone found guilty and con-
demned to death.