The Northern Daily Times.
Liverpool, Merseyside, England, 1856-01-25 00:00:00

he idea of abandoning all claim of compensation
lsions to the determined

for our losses, and allp

enforcement of those rights fcr which we went to

war, and the material guarantees required for the

)bserva

)f our demands as a great mari-

and commercial nation, would be too base

for this

entry to tolerate, even at the hands

of a Whig or PALMERSTON administration

have always been led to believe that this war

neant great things, and the people of tl

i.s country

Illy looked for

Teat things, to compensate

MONETARY AND COMMERCIAL.

LIVERPOOL, THURSDAY EVENING

There has been no change in the tone of the
cotton market to-day. With an active demand the
sales reach 8000 bales, of which 1500 were taken
for speculation and export. Prices were very firm.
The Liverpool Share Market opened with con-
siderable buoyancy at a further advance upon
yesterday's prices, and continued firm until the
afternoon, when a decline of 2to per cent. took
place, closing flat at the lowest point. Aberdeen,lll
12. Chester and Birkenhead, 13 131. Caledonian,
Chester and Holyhead, 12 123. East-
828L. East Lancashire, 189-10 1811-10.
Ditto A, 10i 10k.

ern Counties,

Northern

Great Western, 55 552. Lancashire and Yorkshire
Stock 801 80.4. Liverpool, Crosby, and Southport,
15 151. London and North Western Stock, 981 98k.
Manchester, Sheffield and Lincoln, 258 251. Ditto
Preference, 131 13!-. Ditto New 6 per cent
Pref., A -,lp. Midland Stock, 69* 69k. North
British, 7 11-16 7 1316. North Staffordshire, 81 8/d.
South Eastern, 18 5-16 18. York, Newcastle, and
Berwick, 18 181. York and North Midland, 24 .
241. Leeds Capital Stock, 14 14*. Dutch
Rhenish, a x all ap. Ditto New Shares, 2i 21P.
Great Western of Canada, 25* 26,1. Ditto New
Shares, 3 5-16 3 7-1.6 p. Great Luxembourg,
Messrs. Browne, Hunter, and Company, have
issued their usual Monthly Circular to day, from
which we quote the following :

The general expectation that the Produce Markets would
reopen at the commencement of the year with increased
actively (the close of a year being always marked by an
indisposition on the part of buyers to increase their
stocks, which may in some measure account for the dull-
ness that prevailed at the date of our last circular), has
not been realised, thereby rendering evident that the
causes which had previously operated to depress com-
merce and curtail transactions continued to exercise the
same baneful influence, with no immediate prospect of the
evils being mitigated ; the pending preliminaries to
renewed negotiations for peace, doubtless, caused consi-
derable suspense, for so uncertain seemed the issue of the
acceptance or rejection on the part of Russia, that few
were willing to enter into transactions ; upon receipt,
however, of a telegraphic message on the 17th instant
from Vienna, to the effect that Russia had unconditionally
accepted the terms offered by Austria, great excitement
prevailed,—Funds immediately advanced two to three per
cent., Cotton id. per lb., Sugar (which was previously
of nominal value) became firmer, and holders refused to
sell except at much higher prices ; whilst, on the other
hand, all war articles became depressed, and prices
nominal. From the ebullition of feeling displayed by the
public, evidence is afforded of the benefits that would
accrue by a cessation of hostilities, indicating also that
the previous duplicity and insincerity of Russia, had been
lost sight of, and it was not until succeeding accounts
were received, showing the acceptance of the propositions
to be intended only as a basis of negociations, that the
most sanguine became less confident ; hence the excite-
ment has in a great measure abated—until more definite
and authentic intelligence is made known uncertainty
must prevail, and the exercise of caution be requisite.
The Money Market has continued in the same unsatis-
factory position ; and although large arrivals of specie
have taken place, the efflux of bullion is still in the
ascendant, the stock at the Bank of England
being now £9,799,305, :'against £10,439,525 at
the date of our last circular. By some an increase in the
rate has been anticipated, but, should the directors deem it
prudent further to cripple commercial stability, no doubt an
immediate suspension of the Act of 1844 would be tapplied
for by the mercantile community. Unquestionably, a return
of peace would bring into circulation a large amount of
money at present hoarded, with a view to an increased
rate of interest ; but it must also be borne in mind that
new loans will be resorted to, and, with an expansion of
commerce, greatly-increased accommodation would be
required, so that no immediate ease in monetary affairs is
apparent. The opinion we ventured to express in our
Annual Circular, as a means to relieve the present difficulties
by the issue of one pound notes, was said to be contemplated,
but no remedy has yet been proposed.
in reference to the Market for Linseed, they
say :

Since the intelligence of the 17th inst., the business in
linseed has been suspended, and quotations have become
quite nominal, buyers no doubt, being under the impression
that prices would considerably decline in the event of
peace being made ; but when it is an admitted fact that no
supplies could be received from any of the Baltic ports,
even if the terms of peace were now agreed upon, for three
or four months hence, and as the consumption of linseed
in Russia has so greatly increased for the want of supplies
of olive oil, the stocks also in all the ports of the Black
Sea having been shipped until within a late period, it is
very uncertain if any quantity could be received this year.
And as the stocks in this country are well known to be
very light, which has compelled most of the mills to stop
working, we cannot see any cause for an immediate fall in
prices if holders are only firm, and refrain from pressing
sales. The transactions in the early part of the month are
1000 bags Bengal linseed, at 76s to 775, and two parcels
Bombay, to arrive, one at 755, and the other at 68s; 3000
bags Bengal rapeseed, at 69s to 70s ; 800 bags gingelly seed,
at 70s ; 400 bags yellow mustard seed (fine quality), at
70s ; 753 bags poppy, at 65s ; and 700 bags Niger, to arrive,
at 54s per quarter. The imports of linseed into the United
Kingdom, lbr eleven months, are 649,769 qrs., against
698,660 qrs. ; and of rapeseed, 113,782 qrs., against 89,252
qrs., in 1854.
There has been a fair amount of business done
in the Manchester Goods Market to-day, but
reports of the failure of a large spinning house
were current, and caused some depression. _

Letters from Copenhagen state that the con-
ference on the Sound Dues proceeded very slowly.
The meetings are postponed from day to day, in
consequence of the non-arrival of commissioners
frem some of the States interested. Among these
are the delegates from the free cities of Germany,
and the representative of Norway.
The directors of the Australian Agricultural Com-
pany have issued their report in anticipation of the
annual meeting. The accounts, which are for the
year ending Dec. 31, 1854, show a profit of 17,9501;
but the Directors, owing to several unfavourable
circumstances, do not recommend the declaration
of a dividend. A comparative statement of the
colliery operations gives the amount of coal raised
at 47,538 tons. The expenses were 36,098/, and the
net revenue was 8,2041.
The Funds continues to rise. At the official
close to-day the advance upon the final quotations
was three-eighths per cent, but, at a later hour a
reaction of one eighth per cent was quoted. At
the close the figures stood thus :-902 91. To day
the movement for higher prices seems generally to
have assumed a more speculative character. Upon
all the Continental Stock Markets a rapid rise is in
progress. At Paris to-day the three per cent
Rentes quietly rose 74- per cent, but the closing
quotations were not received here this evening.
Money was in increased demand to day in the Stock
Exchange at 5 to 6 per cent, partly to meet to-
morrow's finalinstalment of 12;7.1 per cent on the
Turkish Loan. Some advances were obtained
from the Bank at 6 per cent. The Railway
Share Market continues animated and buoy.
ant, the closing quotations being as follows :—Cale-
donian, 561 561. Eastern Counties, 8 13-16 8 15.16
East Lancashire, 731 741 Great Northern, 951961.
Ditto A, 81 82. Great Western, 551551. Lanca-
shire and Yorkshire, 801 80;-?-,. London and North
Western, 98?-, 98a. Manchester, Sheffield. and
Lincoln Shire, 241 251 Midland Stock, 681 69.
North British, 301 31-t. South Eastern and Dover,
601 64. York, Newcastle, and Berwick, 721 731
York and North Midland, 49i 48t.

A RAILWAY ROMANCE.—A singular affair occurred on
gentleman
c af rrormi
agße rhmi
si nvgish.aam. ua found ht
hi me soenl
Ify seated
other y
the Wear Valley railway (Durham) the other day. A
nas-a
senger in that compartment of the carriage being a
blooming lady, answering to the alliterative description
of " fat, fair, and forty." The train had scarcely moved
a hundred yards from the station, before the lady sud-
denly leaped from her seat and exclaimed to the other
passenger, " How dare you, sir ? What do you mean ?"
The gentleman, astonished, renlied that " He did not
understand ,• he had done nothing to harm her" Again
and again she sprang from her seat in apparent terror
and rage, and declared with vehemence that her neigh-
bour was a villain, and she would have him taken into
custody at the next station. The gentleman protested
his innocence, and asked what he had done ; hut the
eccentric lady still kept leaping from her seat, raving
against his treatment, till the gentleman decided that
she was mad, and resolved, on the arrival of the train at
the next station, to give her into custody. As her
eccentricity did not abate, nor her rage either, he, on the
arrival of the train at one of the stations, was about to
carry his resolution into action, when she suddenly
sprang to the door and screamed out'' Guard ! Guard !"
at the top of her voice, and presently collected not only
the guard, but a crowd of people around her. She then
commenced her accusation in words, both loud and deep,
protesting that the gentleman had improperly pinched
her legs, and the gentleman, horrified at the charge, pro-
testing, with equal vehemence, his perfect innocence.
At this juncture, when matters looked serious for the
gentleman, the guard happened to recollect that he had
placed a bisket under the seat of the carriage containing
a live goose; and, pulling it out, the mystery was ex-
plained, the bird being the criminal. Having eased
the lady's fears and the gentleman's apprehensions,
this explanation was received with perfect good humour
and satisfaction by the parties concerned, and the train
renewed its journey amid the convulsive laughter and
applause of the assembled multitude.

NORTHERN TIMES.-LIVERPOOL, FRIDAY, JANUARY 25, 1856.