The Northern Daily Times.
Liverpool, Merseyside, England, 1856-11-29 00:00:00

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Justice' Ansidering' the 'evidence Oct:lift:3lok to
warrant the prosecution proceedingfurther
The Coroner has opened an inquisition on
the body, of -lthe ' men killed by the steam
boiler 'explosion, on board the. steam ship
Parana at Southampton. From the evidence as
yet adduced, there is nothing to account for the
fatal accident. All the engineers solemnly aver
that there was not, more pressure of steam than
the boilers could safely tarry. The inquest was
adjourned until this day.
Among the miscellaneous intelligence of the day
we find that Kossuth has been lecturing at Leicester
on the • general political condition of Conti-
nental Europe. Adarge audience attended to hear
his Excellency expound his views,on this subject.
He has started for Edinburgh. The benevolent
and praiseworthy designs of Mr. Bennett; of
Cheapside, London, who has been labouring for
some time to extend--the employment -of females
in the art ,of watchmaking, has been opposed by
the 'London worliinen belonging to the trade. They
accuse Mr. Bennett of the want of sound practical
knowledge of the' watchmaking art, and that his
statements are calculated to mislead the public.
We fear that the' pai-tieS to this meeting have not
taken the broad and reasonable view of the matter
which Mr. Bennett has already laid before the
public, and that they speak front interested mo
tives, without at all calculating the immense good
which can be' accomplished, should the celebrated
Che side watchtnaker_he able to _carry...into full
effect his philantrophic ideas. The matter is one
of much importance ; we shall, therefore, return to
the subject on a future occasion. •
Our Continental advices inform us that the
,Russian Government is adopting very extensive
measures for the re-organisation of its southern
provinces, particularly the
tries on the shores-of the Black Sea and-the Sea of
Azotr. Considerable activity prevails in preparing
ight vessels fit for the navigation of those waters.
The Emperor has given his approval to the creation
of a weekly journal under the title of the Actionnaire
to be published in the capital,. for the purpose
of imparting theoretical information relative
to associations and companies, of exciting general
competition, and by that means of contributing to
develope fresh branches of industry. Upwards of
40,000,000 silver roubles are 'at present deVoted
to joint-stock companies in the Russian empire.empire-
According-to Le Nord, a Belgian journal in the
interest of Russia, it would appear that several
journals have gone entirely too far in affirming that
Russia has yielded on the question of the Isle of
Serpents or on that of Bolgrad. That power, it is
stated, has not changed her manner of regarding
the Belgrad difficulty, and is quite willing to refer
the matter to the decision of a congress, whose
decision she will abide faithfully: but she has no
intention of admitting that the opinion of any one
power should be paramount ; and, consequently,
she refuses to allow that England can arrogate to
herself the right of representing the congress, and
deciding in its name. The Nord adds that, on the
latter point, France is altogether of the same
opinion as Russia.
By advices from Stockholm we learn that the
Swedish Diet is at present in session, and labour-
ing actively for the intellectual and material
improvement of- the people: All- the- royal pro-
positions seem to meet with decided approbation,
excePt perhaps that in favour of religious liberty.
The financial condition of the country is described
EIS prosperous, and its agricultural progress is
equally remarkable.
From Spain we have news that some of the
Madrid journals are writing against the convoca-
tion of the Cortes, and denouncing the 'whole
system of what is termed " Parliamentarism." Mat-
ters are still far from being settled, and some parties
were speculating upon the fall of Narvaez through
the manoeuvres of the Queen. It is said that the
Liberal party were quite at sea without a leader,
and were altogether undecided what to do at the
elections.

rnea, arel the eoun-

From Paris we learn that several changes are
about to he mad e amon g the prefects of departments.
The Minister of the Interior has, it is said, decided
on the step, and he deserves credit for his decision -
The measure will extend to about 30 of those func-
tionaries, the great majority of whotn will be trans
ferred from the departments now adthinistered by
them respectively to others, and the rest will be
placed on the retired list, some at their own
desire, others probably at that of the Government.
The changes may not be so numerous as the
urgency of the case requires, but it is certainly a
step in the right direction. An article appears in
the Constitutionnel relative to the question of Neu
chatel. It may be considered as "It
counsels the Swiss Confederation to accede to the
release of the prison?rs, and it expresses the con.
viction that Prussia will not then refue to negoci
ate with a view to the abandonment of her preten-
sions to sovereignty over the canton. It admits
the moderation of Prussia ; and, while admitting
her right of adopting measures of coercion, it
expresses the hope that such measures will
not be had recourse to. In a word, it' ex-
presses what I presume is the polily of the
French Government, and which I have already
explained."
The contest for a director of the Eastern
Counties Railway Company has terminated, it is
understood, in favour of Mr. Love ; but Mr.
Matins, the " Radical reformer of railways," ran
the contest so close, that great doubts existed, up to
the last moment, of the result, which the scrutinears
will officially declare. The usual question of
bad " proxies" was raised against those of Mr.
Matins, or the result would have been " the other
way." It shows great talent on either side, when,
on every contested election, grounds are afforded
for rejecting such easily filled-up papers as proxies ;
but men who embark in these contests generally
choose some . uninitiated assistant, and learn,
when too late, that there are " moves"
on " the board" which will checkmate them !
It is not expected that the present " Board" will
long retain the confidence of the shareholders.
Mr. Love is a " progressive" reformer, but also
one of the clique which looks with disdain on ex-
tensive reforms. The Chairman and Vice-Chair-
man are gentlemen of no -railway experience ; they
have to learn the secrets of Board " management,"
of conciliating, not: only-the pubic and the Press,
but also their shareholderS ; and no ttheese-paring,
niggardly changes, will effect that What is
wanting is an extensive sweep of the Augean
stable-, but the " right men" have yet to be fbund
for that work; meantime, the general disgust
increases, not only outside, but inside, the walls of
the railway station.
By the Cyclone, arrived from Sydney, in the
Channel, we have received ten days' later news from
that city. The new Ministry had been formed,
Mr. Cowper being the Premier. The Sydney
papers were by no means favourable to the down-
fall of the Donaldson Cabinet; and, as an evidence
of the unpopularity of the new Cabinet, it was
resolved to oppose the re-election of Mr. Cowper
and his colleague Mr. Campbell, the Colonial
Treasurer. We give full details of the news,
political, general, and commercial, in another
column.

WORKING MEN'S ASSOCIATION FJR MUTUAL IMPROVE
MENT.—One of the above-institutions, which have become
so numerous and beneficial to the working classes in Liver.
pool and elsewhere, has just been opened in Birkenhead,
under the most favourable and promising auspices. The
object of the• association, of course, is to advance and im-
prove the moral and religious condition of the working men
and youths resident in Birkenhead by bible and mutual
instruction and improvement classes, the delivery of lectures
and essays, teaching reading, writing, geography, drawing,
&c., together with any oilier acquirements useful to the
bulk of the members, The Rev. A. Knox, who feels a
deep interest in this, and, indeed, in every other project cal-
culated to 'advance the welfare of his poorer pari-nionerst
whether of a temporal or spiritual character, has kindly
granted the use of the school-rooms, in Priory street, free
of all expense. The meeting nights are at present fixed for
Monday, Wednesday, Friday, and Saturday evenings, at
seven o'clock, and already between eighty and ninety
members have been enrolled. This is a good beginningin
BO short a time, a further increase being anticipated, when
the operations of the association become better known and
appreciated by the mechanics, artiz ins, and labourers of
Birkenhead, for whose welfare and advancement the insti-
tution has been established. For the sin ill subscription of
one penny weekly (entrance fee sixpence) the members have
the benefit of a news-room library, improvement classes,
and occasional lectures and essays on subjects of a moral,
religion:, and sc'entifie character, from which everything
sectarian or political- Hill be excluded be the committee.
As the institution is in its infancy, and its funds, as yet,
but limited, those who wish well to the ceu-e could mate-
rially assist its welfare by donadoes of bevies, magazines,
newspapers, or works bearing on education generally, any
of which will be thankfully received by the president, the
Rev. A. Knox, or the secretary, Mr. Witliem Veuables, 25,
White street, St. Mary's gate, Birkenhead.

44A,irT.5RDA Y.

PRICES TO-DAY :-

MONETARY AND COMMERCIAL.

LIVERPOOL, FRIDAY EVENING

There is still much quietness in the Cotton
Market, but not any change in prices. To-day's
sales are estimated at 6 000 bales, mostly all to the
trade. During the week holders have offered their
stooks very freely, especially in the lower qualities
of American, which are irregular in price, and have
.receded since this day se'nnight 1. per lb. We
quote from the circular of Messrs. Wright, Junior,
& Co., issued for the sailing of the Africa, the fol-
lowing extracts :

Our circular advices of 21st inst. closed on a dull cotton
market, with limited transactions and prices irregular. s
The week under review presents the same features, busi-
ness having been restricted almost entirely to supplying
the immediate wants of the trade, and holders meeting the
demand with liberal offerings, at some concession from the
quotations in our last, particularly in the lower qualities,
which are most depressed and irregular, The more encou-
raging aspect of monetary affairs, both here and on the con-
tinent, as well as the declining tendency of breadstuffs, are
calculated to inspire a better feeling, but tbeir influence is
counterpoised by the Asia's accounts, reporting lower and
unsettled rates with free receipts at the American shipping
ports, the accumulating stocks at which induce the opinion
that shipments to this country will, ere long, be embraced
more extensively, and are also by many considered more
promising for a yield exceeding previous estimates. Our
eiminished holdings and limited selection causing, at the
same time, a more extended resort towards reduced con-
sumption, particularly ili those productions which take off
the great weight of entton. There is a fair demand to (Joy,
but none buy largely, and the market closes quietly with
estimated sales of 6,000 bales, 500 to speculattrs and ex-
porters, at prices within the range of quotations below,
executing " fair" Boweds, which are scarcely obtainable at
the figures. The total sales of the week aroon..t 'o 34,260
bales, of which 27,230 are American. Speculators have
taken 2,180, and exporters 1,070, leaving 31,010 hales of
all kinds to the trade. The import for same time is 40,469
bales, of which 7,475 are American.

New Orleans Fair, 73,-(1 Middling, 6Z-4 Ord., stl to 64
Mobile, „ 74-cl „ 6 13-16 i „ 53l to 61

Atlantic, „ 7d „ 61c1 „ 511 to 6d
1856 1855
Total takenforconsumption, 1,954,030 bls. 1,923,060 bls.
Export (actual) 248,888 „ 170,997 ~
Stock this day—
__

American. Brazil. Egyptian. E India. W. India. Tntal:
.260,910 28.100 44,170 45,150 770 379,100
Same time 1855

214.850 62 750 44,870 113,520 , 3,450 439,440

The Liverpool Share Market is still .in an
improving position, large sales are being made; and
prices continue to advance. Business this morning
opened very steady. Mire note the transactions as
follows :—Blackburn, 73. Caledonian 29, 3,3, 3.
Eastern. Counties, 9 7-16 3. East Lancashire,
21, 1,3, Lancashire and Yorkshire, 961, 3. 3,7,
h 3. 1, 3. 73, 7, -1-, 3,3, 3. London and. North
Western Stock, 1053, 3,3, 3. ,3, 4-, 106. Manchester,
Sheffield, and Lincoln, 353, 3,1. Midland 82*
3. Berwick Capital Stock, 213. South Eastern
Stock, 22*, 3,3, 3,3, 3,3, 5-16. Great WeW.ern of
Canada, 243; do. New, 23p. From these quotations
it appears that the rise during the week has been
as follows :—Caledonian, lOs ; Eastern Counties, 6s
3d ; East Lancashire, 25s ; Lancashire and York-
shire, 50s ; London and North Western, 35s ;
Manchester, Sheffield, and Lincoln, 22s 6d; Mid-
land, 37s 6d ; South Eastern, 21s 3d. This
evening the market closed with much firmness
—prices of all descriptions of Stocks and
Shares tending upwards. • The closing rates
were thus :—Aberdeen, 121 121. Blackburn,
73 Chester and Birkenhead, 165 ma. Cale-
donian, 293 293. Chester and Holyhead, 191 191
Eastern Counties, 91- 9*. East Lancashire, 213 22.
Great Northern, 223 233. Ditto A Shares, 93 9i-
Great Western, 70 703. Lancashire and Yorkshire
Stock, 973 973. Liverpool, Crosby, and Southport,
183 183. London and North Western Stock, 106
1063 Manchester, Sheffield, and Lincoln, 353 351.
Midland Stock,B2l 82*. North British, 93, • 911-16.
North Staffordshire, 53 53d. South Eastern and
Dover, 223 223. York, Newcastle, and Ber-
wick, 211 213. York and North Midland, 303 31-
Leeds Capital .Stock, 183 19. Buffalo and Lake
Huron, 3 -ap. Dutch Rhenish, 1 7.16 1 9.1.6 p. Great
Western of Canada, 243 24i. Do. New .Shares,
23 21p. Great Luxembourg, 103 103 d.
Money has been in more active demand to-day,
and the rates of discount charged were firmer,
owing probably to the maintenance of the Bank
minimum rate of interest. Approved bills, how-
ever, are still negociated below that quotation.
Many persons express dis Satisfaction at the course
adopted by the Directors of the Bank yesterday, in
not lowering their terms of discount. But those
who properly weigh all the circumstances connected
with the money market consider that any measure
of the kind, so soon after the rates were equalised,
would have been very premature. Of course, on
a subject of such vital importance to the commer-
cial interest, there is much difference of opinion,
but it is generatly felt that no relaxation should
take place until the mercantile bills falling due on
the 4th proximo are liquidated. Our London ad-
vices of thiS afternoon state that borrowers
merely obtain the funds that they require in the
hope that a reduction in the value of accommoda-
tion will soon be accomplished.
To-day the market for Public P,ecurities was a
shade flatter, although no important circumstance
arose to. check the buoyancy recently noticed.
The account, however, is now draWing to a close,
and although confidence in a further improvement
may be strong, some of the operators for a rise
will no doubt take their profits, instead of " carry-
ing over," at 3 per Cent., the present charge
Consols have, been 943 3 and 043 3 for mon:y ; 943
3 for the 4th proximo, and 95 to 958 for January.
The New Three per Cents. are marked 933 3, the
Reduced 93 to 933. Exchequer Bills 2s to 5s
premium ; and ditto Bonds 981, 8-, s. Bank Stock
is 215 to 217.

There was much activity in the London Railway
Share Market to day,and an important improvement
may be quoted in the values of almost all the
principal lines. An advance of about 1/. has taken
place in the following lines :—B ristol and Exeter,
East Lancashire, Lancashire and Yorkshire, and
Midland, and about 10s. in Brighton, South Wes
tern, Manchester, Sheffield and Lincoln, and South
Eastern. The Canadian lines were firm. Among
the sales were Caledonian,. 59 582. Chester and
Holyhead, 38. i. Eastern Counties, 9, H. 4. East
Lancashire, 83 814. Great Northern, 914 91. Great
Western, 69, a4.Lancashire and Yorkshire,
96, A, 4, 7. London, 105,3, Midland, 82
811 North Eastern, Berwick, 854. Doyer, 74
734. The Market closed steadily.
Our Produce Markets have been tolerably
steady, although the demand for most articles
has not been active during the past week. Sugar
has recovered in price, but owing to the limited
supply on the market, the sales are restricted. In
Coffeee the transactions are unimportant. Prices of
Jamaica are quoted at 645. to 78s. We have to
note more activity in the Rice market. The new
season Teas are now on the market, the bulk of
the Congou sold freely at Is. 1-H. to Is. 10d. per
lb. Peruvian Guano sells at £.lO per ton. Dye-
woods are in better request, whilst the sales of
Palm Oil are restricted, The enquiry for. Tallow
has improved.

Our Grain Market has ruled dull all week, and.
nothing but the finer qualities of ,wheat support
the previous currency, and even these are not so
firm. Flour must be noted 61 per barrel lower,
with a.demand only for the best brands, and these
not in quantity. The enquiry for Indian corn has
abated, and to make sales a reduction in value
would have to be submitted to. A little better
feeling in to-day's market, but no change in prices,
and business limited in all articles, large supplies
being on passage and shortly expected in port.
The business done in Mark-lane was limited, and
prices, although not lower than on Monday, were
merely nominal. More firmness was observable
in the Wakefield and Dublin markets:although no
change in the value of any article took place.
The Manchester Market for Goods .and Yarns
is still void of animation. The general bent of
prices is in favour of purchasers, but any slightly
favourable circumstance would most probably lead
to enlarged business, as spinners and manufac-
turers hold no amount of stocks, and are reluctant
to embrace contracts at any material decline on
ruling quotations, and the India and China
accounts are regarded as favourable. The im
provement in the amount of business transacted
still continues at Bradford, and yesterday
operations were on a more extended scale, as
merchants see they must pay advances, end there-
fore are eager to race orders where possible at old
rates, so as to provide for their probable wants
during the ensuing two or three months. Manu-
facturers are steadily holding out for higher
prices, and augmented rates are reluctantly con-
ceded
by buyers. Altogether a much firmer tone