The Northern Daily Times.
Liverpool, Merseyside, England, 1856-05-10 00:00:00

and surgeons for the week, Dr. Cameron

and Dr. Petrie.. Ho
Mr. William Towns
FIRE IN A COTTON MILL.—At a quarter past eleven
o'clock on Thursday night, intelligence was broutht to the
Clarence-street station by two persons that the cotton mill
of ' Mr. William Morris, Temple-street, Chorlton-upon-
Medlock. -n flre, A. strong force of fire-
s immediately despatched to the
I that some IA

4rgeons, Mr. E. C. Garland, and

men, with three eng

i their aril,'

,rties con-

Its had, directed two jets upon the flames,
dto the blowing room. Fortunately in
s ro great quantity of cotton, but the
article. Other

room It

nearly fill

tfi that

corered by insurane

MONETARY AND COMMERCIAL

LIVERPOOL, FRIDAY EVENING

There has been no change. in the-tone of the
Cotton Market -to-day, and but a limited busines
has been-thine, the sales amounting to 7,000 bales,
of-which 1,000 have been taken for speculation and
export. ` The sales of the week amount to 47,490
bales, of which 30,050 have been taken by the
trade, 12,700 for speculation, and 4,680 for export.
Prices for American below middling must be
quoted one-sixteenth. of a 'penny per pound below
the quotations on Friday last. -

Only a limited business has been done in the
Liverpool Share Market to-day, but in the early
part of the day there was a firm feeling, but
towards the close prices became a shade easier,
finally closing as under :—Aberdeen, 13 131.
Chester and Birkenhead, 151 154. Caledonian,
29 11-16 29 13-16. Chester and Holyhead, 15l 16.
Eastern Counties, 91 91. East Lancashire, 19 19k.
Great Northern, 234 24. Ditto A, 91 H. Great
Western, 61 61i. Lancashire and Yorkshire Stock,
88/ 89. Liverpool, Crosby, and Southport, 16Z-
17i. London and North Western Stock, 100 l 1001
Manchester, Sheffield, and Lincoln, 28128*. Ditto
Pref., 11/ 12. Ditto New 6 per cent. Pref.; 7-16
9-16 p. Midland Stock, 741 74i. North British, 8,4
8/. -North Staffordshire, 6 51d. South Eastern, 211
21 3-16. York, Newcastle, and Berwick, 19z
19-1-. York and North Midland, 27/ 28. Leeds
Capital Stock, 151 151. Buffalo and Lake Huron,
11 2hp. Dutch Rhenish, le 1 3-16 p. Great Western
of Canada, 264 20. Ditto New Shares, 3* 3ap.
Ditto 2nd issue, al 3ip. Great Luxembourg,
8i 81d.

In reference to 'the probable future course or
the Money Market,-a correspondent writ(
As there seems to be much confidence in
reduction of the value of money, it may not be imin
teresting to some, to draw their atten
facts:—

Ln early

pnto the following

On the 4th October last, the rate of discount was 51
per cent.

The bullion7:in the bank was X 12,900,000
The reserve of notes 6,100,000
On the 18th October last, the rate was raised. for 60 days'
bills, at 6 per cent; for 90 days', 7 per cent.
The bullion in the bank was then £11,700,000
The reserve of notes 4,500,000
On the 26th April last (the last bank return),
The bullion in the bank was £9,700,000
The reserve of notes 3,600,000
So that the bank will have to recover, so as to place it in
the same position as when the rate was raised to 6 and 7
per cent—two millions of gold and nearly one million of
reserve; and as when the rate was sf per cent-3i
millions gold and 24 millions reserve. These figures
should produce caution, otherwise we may find, that
undue confidence may, by creating a new demand for
mone3, aggravate the length of time necessary to place
the bank in a wholesome and sound position.
Of the Liverpool Tallow Market we have the
following report in the Circular of Mr. F. J.
Eaton :

Very little doing here, small parcels of P.Y.C. reported
at 48s to 49s per cwt., 10D pipes S. American at 46s to
48s, and 150 :packages:low E.l. at 40s to 423 per cwt.
30 cases hard E.I. advertised for Wednesday next. The
London market, after declining to 44s 9d spot, and 45s for
the last three months, has reacted, and the closing prices
last night were 45s 6d and 46s 3d to 46s 6d per cwt re.pec-
tively. The half-week delivery is 1293 casks against 1251
casks last year, and the stock on the sth instant 17,609
casks against 41,057 casks in 1855.
The usual monthly balance sheet of the Bank of
France was published in the Moniteur on Thurs-
day, showing the position of that establishment on
the Bth inst., compared with the corresponding
period in April. The principal items are as fol-
lows :—Total amount of specie in the chief estab-
nt at Paris, ana in the branch banks,
186,340,436 f against 268,230,319 f in April, showing
an increase of 18,110,127 f ; notes in circulation,
626,775,350 f against 616,289,550 f, being an increase
of 10,485.800 f.

lislim

According to the advices from Paris, a variety of
rumours are afloat, affecting the value of some of
the leading railway stocks. Thus it is reported
that the Northern railway of France has virtually
obtained the concession. of the new projected line
from Paris to Soissons. The negotiations between
the Great Central of France railway and the
Orleans, Lyons, and Southern of France companies,
are said to be terminated. Important negotiations
are stated to be on foot between the Beziers and
Graissessac railway and another company. At
Paris the shares of the Western and Central rail-
ways of Switzerland are rising.
At the meeting of the Victoria (London) Dock
Company held yesterday, it was stated that the
terms for the lease of the business of the dock
with Messrs. Pete, Betts, and Brassey had been
agreed upon for a term of 21 years, at an interest
of five per cent on the capital of-700,0001, with six
per cent interest for an additional capital of
200,0001.
Notice is issued from the Spanish Financial
Commission in London and Paris that the govern-
ment has fixed the 31st-sinst. for the sale of bonds
of the Three per Cent Consolidated stock, bearing
the coupon payable on the .31st December next, to
the amount of capital required to obtain 200,000,000
of realieffectiVe (say two millions sterling), with
the object of applying this sum to the extinction.
of the Treasury floating debt. Parties wishing to
obtain these bonds are to send in their proposals
at, Madrid by the above date. .No proposal for the
purchase of bonds to any amount under 100,000
reals of capital can be entertained,

The market for American stocks, according to
the report of Messrs. D. Bell, Son, and Co.,
remains without material alteration.
The London Colonial Produce Markets this
week have continued .firm, and the quotations of
some of the principal staples have advanced.
Sugar has been in fair request, and the prices
have rather tended upwards. Coffee has been in
fair request. Rice quiet,
.and saltpetre steady.
In spices the dealings have been limited, and
tallow has been inactive. The public sales of
colonial wool commenced yesterday, and it is
expected that about 52,000 bales_ will be offered
during the series.
Letters from Naples mention that the king has
promulgated a decree which prorogues the law
allowing the export of wheat, maize, barley, and
other cereals from his dominions to the 15th June.
The duties to be levied upon these articles of food
are reduced one-half.

Advices from Riga, by way of Hamburg, state
that the navigation of the gulf re-opened on the
26th April. The first vessel which entered the
port was the Swedish steamer Hull, with a cargo
of salt, which came to a good market. There were
24 sailing vessels in sight, making for the harbour
when the ice broke up.
Accounts from Holland state that the Minister of
Finance had brought forward a measure in the
Chamber of Representatives for the purpose of
mortgaging the sum of ten million florins of the
National Debt, which was unanimously adopted by
the Legislature, on his satisfying the members
that the money would be applied for the construc-
tion of public works of utility, particularly a further
extension of the lines of railway communication
throughout the state. The Chamber likewise
adopted a treaty of commerce and navigation with
Austria, which -tends to establish the commercial
relations of the two countries upon a more liberal
basis than has previously existed.

The following were the closing quotations of
Foreign Exchanges :—Amsterdam, short, 11 19
to 11 193. Do., three months, 12 11 to 12 lf.
Rotterdam, do., 12 le to 12 H. Antwerp, do.,
25 623 to 25 70. Brussels, do., 25.622 to 25 70,
Hamburg, do., 13 71, to 13 11k. Paris, short.
25 371 to 25 45. Do., three months, 25 70 to
25 773. Marseilles, do., 25 70 to 25 773. Frank-
fort, ilo , 1211 to 1211. Vienna, do., 10 20 to
10 24. Trieste, do., 10 21 to 10 26. Petersburg,
dO., 361. Madrid, do., 493 to 49k.

BANK. OF ENGLAND RETURNS.
An Account, pursuant to the Act 7th and Bth Victoria, cap
32, for the Week ending May 2, 1856.
ISSUE DEPARTMENT.
Credit.
•
issued .C 23,656,440 I Government
Debt
Other securities
Gold Coin and
Bullion

£11,015.100
3,459,900

9,181,440

£23,636,440

Total .... 523,656,440

DEPARTMENT„
I Credit,

Proprietors' ca-

Government

£14,553,000

curities

£13,755,082

Public deposits
Other „

3,207,670 Other
3,871,799 Notes
10,806,090 ' Gold and silver

15,446,266

3,430,875

Seven day, 0
other bills

625,441

£33,257,664

£33,257,664

The foregoing Bank Returns show the following
results when compared with those of the preceding

ATURDJ

week :—Notes issued, increase, 99,7651; bullion
in both departments, increase, 83,7511; rest, in-
crease, 31,679/ ; public deposits, decrease, 136,2721;
other deposits, decrease, 230,7031; seven days' and
other bills, decrease, 26,2221. On the credit side,
government securities have ineressed, 392,9991;
other securities, decrease, 528,923/. Notes unem-
ployed, decrease,- 199,5801. Actual circulation,
20,225,5651, increase, 299,345/.
The effect of the announcement of the New
Loan on the Stock Market was at first imma-
terial. After opening one-eighth per cent.
lower, the funds recovered to the closing
quotations of yesterday. Sales by capitalists
in preparation for the new creation of Stocks,
were then pressed, causing a fall of per cent.
A partial rally afterwards ensued, but the closing
quotations were still 73- per cent below those of
yesterday, being 93 1-16 to 93 3 -16. The favour-
able influence exercised by the smallness of the
loan, is to some extent counteracted by the liberal
supply of stock already afloat, and by the high value
of money.

LATEST INTELLIGENCES

MAY 10, 18StL

HOUSE OF LORDS.-FRIDAY.

The ATTORNEY-

hers were—
For the amendment
Against it

Majority

IMPERIAL PARLIAMENT.

The Lord CIIA.NCELLOR tcog his seat on the woolsack at
five o'clock.

The QUeen's message, inviting their lordships to concur
with the Commons in conferring upon General Williams
a pension of £l,OOO per annum, was brought up by Earl
Granville, who recapitulated the services of Gen. Williams
and the officers who acted with him in the defence of
Kars. Referring especially to Colonel Lake.
The message was unanimously agreed to.

Lord BROUGHAM presented -petitions in favour of an
amendment on the County Couris Act,andi a petition from
Liverpool in favour of an amendment of the mercantile law-
Tile Bishop of OXI,JRD moved for a select committee to
investigate Vie method now emplo fed for carrying out
capital punishment. The disgraceful scenes which took
place at public executions tended, as he thought, to barbarise
large classes of the community, and deprived such exhibitions
of their intentions, lie recommended that the executions
should take place within the prison walls. A selected few
only being present.
After some remarks from Lord CAMPBELL, Lord St,
LEONARDS, and the Marquis of LANSDOWNE, the motion
was agreed to, and the committee was nominated.
The Joint Stock Companies Winding Up Act Amendment
Bill was read a third time and passed.
Lord DUNGANNON moved a resolution to the effect, that
the present ticket-of-leave system produced insecurity, and
operated to the injury of society; that it ten:led to the
increase rather than the diminution of crime, and that,
therefore, the government should consider and decide some
means of remedying these evils, by providing employment
for the convicts.
Lord BEttNEns concurred in the resolution.

The Duke of ARGYLE observed that. the government had
stated that they would offer no objection to the appointment
of a committee to enquire into the working of the ticket-of-
leave system, and a Loble lord had given notice of a motion
appointing an enquiry. Under these circumstances, and
objecting to the expression of opinions, that the system had
failed, upon such vague evidence as had been adduced, he
must oppose the resolution.
After a brief discussion the motion was withdrawn, and
their lordships rose at half-past seven o'clock.

HOUSE OF COMMONS.-FRIDAY.

The SPEAKER took the chair at four o'clock.
Captain Berkeley took the oaths and his seat for
Cheltenham, in the room of Mr. Granville Berkeley.
In reply to Mr. STIRLING,
_ _ _

Mr. PEEL stated that the places of the Coast Guard men,
who were drafted into the navy, in 1854, were immediately
filled up, and he did not think any increase of smuggling
resulted from the proceeding.
Replying to Mr. J. A. SMITII,
Mr. PEEL said that all candidates for commissions in the
army had to produce certificates of confirmation, in order to
secure that they had not seceded from Christianity.
In reply to Mr. T. CHAatuEas, who argued as to the
liability of vendors of fruits in the parks, under any act of
the reign of Charles
Sir B. HALL replied that that was a very stringent act,
and all railway companies running trains, all telegraphs in
operation, and all shops that remained open on the Sunday,
would come especially under its provisions.
Replying to Col. DUNNE,
Mr. PEEL said that no advantages beyond those already
mentioned, would be conferred upon the foreign legions
when they were disembodied.
Replying to Mr. BOWYER,
Sir G. GREY stated that the charge against a policeman
of having assaulted a young lady at the proclamation of
peace at Charing-cross, had been decided by a magistrate,
and as no objection had been made to the decision, he had
not thought it necessary to consider the decision erroneous,
He had, however, given directions that steps should be
taken to enquire by whom tie assault was committed, as
there was no doubt that an assault of a serious nature had
been committed.
In reply to Mr. DE MERE,

Mr. HonsmAN denied that the Lord Lieutenant had ever
given his sanction to any placard in reference to a ragged
school in Dublin. The principle he had laid down for his
own guidance, and for the guidance of those under him,
was, that they should not associate, directly or indirectly,
with any society that could give offence to any portion of
the population of Ireland. The Lord Lieutenant had allowed
his name to be used in connection with a bazaar held on
behalf of both a Protestant and Roman Catholic school,
but he had not given them any authority to put his name
forward as the patron of either.

In reply to Mr. ()TWAY'
Mr. P/3,71, said the medals would be conferred upon the
Sardinian army equally with the French and Turkish

armies.
Lord PALMERSTON then moved that the House at its
rising should adjourn till Monday, the 19th inst.
In reply to Mr. S. DUNSCOMBE,
Lord PALMERSTON announced thlt her Majesty had been
graciously please(' in celebrating the peace, to pardon all
political prisoners, thereby liberating Frost, Williams,
Jones, and Smith O'Brien.
Mr. 111nuaNs, referring to the continued draw of bul-

lion from the Bank of England, asked whether it was the

_ .
intention of the government during the present session to
take steps with a view of relaxing the stringency of the
law regulating the issue of bank notes?

The-CHANCELLEn of the EXCHFQUER in reply stated.
that the stock of bullion in the bank now was only £700,000
more than the amount in January last, while the demand
on. account of the Turkish loan and the Comm ssariat
sumilies would shortly cease. There was, therefore, no
occasion for any alteration.

Mr. KENNEDY drew attention to the circumstances of the

trial and conviction of Thomas Dunne, under sentence of

execu:ion for the 16th inst., for inciting James Murphy
and Patrick Bannon to murder Miss Hinds, and to the

refusal of the Attorney-General of Ireland to grant his
fiat for a writ of error.

'ERAL for Ireland vindicated his

conduct, urging that, if there had been any grounds for the
application of the fiat, he should have been glad to remove
from himself the painf d duty that devolved upon him,
but he considered that there was no error; indeed, that
the trial was a most fair and impartial one. The prisoner
had several opportunities of challenging the jury, which,
in the case of the second jury, he failed to avail himself
of; and the ground for applying for the fiat was,
that ha had not been apprised of his right to chal•
lenge him This was not necessary, as he had been

apprised of it in the selection of the first jury,
and had exercised his rights. The judges had given their
opinion, that the issue of the fiat would not be justified,
and he had been to Dublin to see the prisoners council,
but he could find no ground for acceding to the application.
The ATTORNEY-GENERAL Mr. WISITESIDE, Mr. NAPIER,
Mr. T. BAINES, and Mr. S. ATTORNEY-GENERAL,
justified the conduct
of the Attorney-General for Ireland.
After some further remarks from Mr. WMAxoN, Mr.
SERGEANT SHEE, and Mr. Jr PHILLMORE, the subject
dropped.
In reply to Sir WALin,
Sir C. Woon said that the first regiment left the Crimea
about a fortnight ago, and five thousand Sardinians had
also been removed. The next body conveyed from the
Crimea would be those destined for stations in the
Mediterranean to relieve the militia. The most, if not all,
would be home in the month of September.
Mr. WILKINSON complained of the irregular discussion
that had taken place on the motion for the adjournment
of the House over the Whitsuntide recess, and intimated
his intention ot pi-, posing a motion to put an end to such
proceedings.
The House then went into committee on -the subject ot
the Queen's message in reference to the pension to Gen.
Williams, and

Lord PALMERSON proposed a resolution carrying into
effect the wish expressed by her Majesty. The noble
lord remarked that General Williams was a native of
Nova Scotia, and it must be a matter for gratification
that in his person our transatlantic brethren had been
participators in the war.
Sir J. PACKINGTON seconded the amendment, referring
to the services of General Williams in the defence of
Kars, which, he observed, would stand out in the page of
history the most conspicuous of those glorious deeds of
which there we:e so many in the records of the late war.
He thanked her Majesty and her Majesty's Government
for the prompt and generous recognition of the services
of the gallant officer.
Mr. S. FITZGERALD urged that the generosity of the
Government should extend to the brave band that stood
by the gallant officer in the defence of Kars.
Colonel NORTH followed to the same effect.
Mr. A. STAFFORD eulogised Dr. Sandwith, whose
attention to English and Russian sick has led to his
liberation.
Mr. 'S. WORTLEY made reference to Lieut. Teesdale,
observing that he had acted more like a general than a
lieutenant ; and suggesting that he should receive promo-
tion proportionate to the duties, he had performed.
The resolution was mnarihnously agreed to.
The House then resumed, and immediatel went into
committee on the Police and:Counties Boroughs Bill.
Sir H. WILLOUGHBY proposed an amendment, to the
effect that the item towards the police force to be paid
out of the consolidutld fund should be half instead of one-
fourth the a hole expense, as proposed by the bill.
The CHANCELLOR of the EXCHEQUER opposed the
amendment, on the ground that it would lead to an en-
hancement of the value of property ;in the country to the
detriment of that in the metropolis. He stated his inten-
tion if the amendment was carried of abandoning the bill.
After a long discussion the House divided. The num-
.