The Northern Daily Times.
Liverpool, Merseyside, England, 1856-11-15 00:00:00

THE DAY'S Nt\VS

Mr. Pollock, the Judge of the County Court,
has alluded to, and commented upon, a letter which
appeared in yesterday's Mercury, complaining of
the mode in which cases for the recovery of
small debts are got up and conducted. His
Honour has shown the fallacy of these state
ments, and clearly demonstrated that, as far
as possible, he has done his best to put an
end to litigation for small sums. The remarks
of Mr. Pollock are worthy an attentive perusal—
clearly exonerate him from the imputations which
the anonymous writer seeks to convey—and prove
that, as a judge, his best efforts have been used to
befriend the poor and the oppressed. Whilst writing
of the County Court, we may observe that the late
Lord Mayor of London committed a person named
Pringle for trial, for a misdemeanour, for threatening
the London Bank with exposure of their treatment
of him in the Press, if they did not settle his claim
against them. At the time Mr. Pringle protested
against the danger of the doctrine, that a creditor
should be liable to prosecution, if he chose to
appeal against what he regarded as the injustice of
his debtor. The case has been put off twice by
the prosecutors ; and now, until next Session, the
defendant being all the while kept in prison. The
Joint-Stock Companies' Journal states a fact in
reference to this subject, which cannot be too
soon investigated. So far from diminishing the
severity of our criminal code, we appear to be every
day enlarging the sphere of its action. Any man,
remarks the paper alluded to, for the future will
be in danger of having criminal proceedings insti-
tuted against him, if ho writes to his debtor
demanding money for services performed, and
intimating that, if not immediately paid, legal pro-
ceedings will be instituted, and urging that such
steps might be avoided. The Bank of London
have, we think, little cause for congratulating them-
selves in having established such a principle.
Already its effects are showing themselves, for we
find that, in a recent case before the County Court
of Westbury, a defendant handed the Judge a notice
he had received from the plaintiff to the effect that
unless he, the defendant, paid the debt and costs,
he would immediately take proceedings in 'the
County Court. The Judge said, that by sending
that notice, the plaintiff had rendered himself
liable to be indicted for a misdemeanour. This is
certainly a strange and indefensible doctrine, and
one, the consequences of which, it would be difficult
to foretell.

The Attorney General, Sir A. Cockburn, mounts
the Bench as Chief Justice of the Common Pleas,
and by some it is said with a peerage present or
prospective. Already the electors of Southampton
are on the qui vive, as to another representation in
the House of Commons. To night there is to be
a meeting of the liberal party, to consider what
steps will be taken in the emergency. It is said that
Mr. Edwin James will resign his pretensions to
Hull, and become a candidate on the liberal
interests for Southampton ; Sir Edward Butler
comes forward on the conservative ; Sir Richard
Bethell is to be the new Attorney-General; and
some parties state that Mr. Sergeant Shee is likely
to be appointed Solicitor-General.
We observe that the Australian mail screw steam
ship Oneida has put into St. Vincent, to replenish
her coal From a statement which appeared in the
Underwriters' Rooms, she made good progress,
having made a steady 270 to 280 miles a day,
consuming from 50 to 70 tons of coal in the 24
hours. A passenger writes to the Times, and
states that it is doubtful if the Oneida calls at the
Cape, but as 20 days might be required to reach
its neighbourhood, and involved the consumption
of 1,000 tons of coals, ho considers it almost

certain.
The contest regarding the situation of the funds
already collected from the assets of the Royal
British Bank still continues. It appears that about
.t. 100,000 in cash is now in the hands of the official
manager in Chancery not producing any interest,
while the market rate is seven per cent, and that his
proposition to distribute it stands over in conse-
quence of the opposition of the parties moving in
the Bankruptcy Court. The Vice Chancellor has

NORTHERN

PITML ES.-

suggested that the distribution should be made
without prejudice to the rights of either Court,
but this is resisted by the representative of the
official assignee in bankruptcy. It is stated that a
petition has been presented to the Court of Bank-
ruptcy on behalf of a contributory and creditor,
praying that the adjudication may be annulled.
The absence of intelligence respecting the James
Baines has caused the premiums of insurance upon
gold by that vessel to advance from its previous
rate of five guineas to eight guineas per cent., a
considerable sum having ben done at Lloyd's at
the latter price yesterday afternoon. The original
terms for specie by these vessels vary from 35s to
40s per cent.
There is not much important or interesting
Continental news. By way of Marseilles we learn
that Resehid Pacha has already presided as
Vizier at a State Council. Mehemet Pacha will
retain his post of Minister of Marine in the new
Ministry. Fuad Pacha remains Minister of the
Interior. The Persians, who had taken Herat,
have been expelled by an Affghan army.
We see by the Paris journals, that it is rumoured
in that city that the French Government are in
complete unison with England relative to the
Neapolitan question, and is prepared, if necessary,
to assume a more energetic attitude. The Marquis
Antonini, King Ferdinand's representative there,
was yesterday informed by the Minister of Foreign
Affairs, that there was no chance of his staying in
Paris, and that he and the whole of the Legation
will have to retire. .

The ceremony of presenting the new Russian
Ambassador, Count de Kisseleff, took place at the
Palace of the Tuileries on 'Wednesday. The

reception took place with great splendour, in pre
sence of the Ministers and chief officers of the
Imperial Household. The Count, in his speech,
was brief, the only point being the expression of the
directions of his royal master the Czar, to devote all
his care to cultivate therelat ions of friendship which
unite the two empires. To this speech the Emperor
thus replied :—From the moment that the treaty of
peace was signed, my constant pre-occupation has
been, without weakening my ancient alliances, to
alleviate by friendly measures everything that
might be rigorous in the strict execution of certain
conditions. I have learned with pleasure that my
Ambassador at St. Petersburg, animated with these
sentiments, has known how to acquire the kindness
of the Emperor Alexander. The same welcome
you may be assured awaits you here, since, inde-
pendently of your personal merits, you represent
a sovereign who so nobly knows how to subdue the
sad reminiscences which are too often left by war,
in order to think only of the advantages of a peace
cemented by relations of friendship. Marshal
Pelissier appears to be running a round of fetes in
Normandy.
From Brussels we learn that the Belgian Senate
met after the royal sittings, and again elected the
Prince de Ligne their president. The Marquis de
Bodes proposed that a message should be trans-
mitted to the prince with as little delay as possible,
to inform him of his re-election, and to express the
wishes of the members for his speedy recovery.
This proposition was received with loud applause,
and adopted unanimously, M. d'Omalius-d'Halloy
was then named the first vice-president, and M.
de Renesse second ; and after the usual measures
adopted at the commencement of a session, the
proceedings terminated. The Chamber of Repre-
sentatives also held a sitting, and, after the usual
nomination of the bureaux, several electoral pro-
ceedings were verified, arr.l some of tha new
members admitted.
From Madrid, our advices inform us that the
Gazette contains a circular from the Minister of the
Interior to the governors of provinces, setting forth
the manner in which the decrees of 1845 relative
to•the press, which have been re-established, are to
be carried out. Amongst other things, the governors
are directed to prohibit the publication of contro-
versies on religious subjects, except with permission
of the bishops ; and of anything " inconsistent
with religious respect for the sacred person of the
monarch or the throne ;" or attacking the right of
property, or any other of the bases of society; or,
lastly, reflecting offensively on foreign sovereigns
Intelligence from Vienna states that Sir Hamil
ton Seymour is to accompany the Emperor of
Austria on his journey to Italy. The Austrian
journals regard this as one symptom more of the
satisfactory relations between the Governments of
England and Austria.
It is said that the Danish Ministry has just
accomplished a great act of justice. The heir to
the throne, Prince Ferdinand, has been reinstalled
as Chief Commander of the Danish Army. The
King is suffering from a severe attack of erysipelas
in the head.

The West India royal mail steam ship La Plata
arrived at Southampton last night. A brief tele-

graphic despatch of her news will be found in
another column•

THE COURT

WINDSOR, Thursday.—The Queen and Prince, accom.
panid by the Princess Royal and Prince Frederick
William of Prussia, walked in the Home Park this
morning. The Duchess of Kent visited her Majesty.
The Prince of %Vales went out shooting yesterday, and
rode on horseback this morning.

ADJOURNED INQUEST.—The adjourned iequest on the
body of James Dupont (the original portion of the investi-
gation appeared in our paper of yesterday), was held
yesterday. From the medical evidence it appeared that
death was caused by disease cf the heart, lungs, and liver,
from natural c iuses. The jury found a verdict accordingly,
THE SHIPS ON THE BUMS') BANK.—There is now no
doubt that these vessels are total wrecks, as the Samuel M.
Fox and Silas Wright are over on their sides, and covered
with water. The Louisiana has broken up. There was a
meeting f the shippers, by te Smuel M. Fox, held
yesterday,o at the owners' office,h Olda Hall street, but of
course it was private.
ACCIDENTAL DEATHS.—Yoterday, a man, named James
Carson, who was at work on board the Persia, in the
Sloyne, accidentally fell into the hold of the vessel, and
was killed.—A child, 5 years' old, named Francis Garnett,
who resided in a court off Finch street, died yesterday, in
the Royal Infirmary, in consequence of injuries received by
his clothes catching fire.
ASSAULTING THE POLICE.— A respectable man, who gave
his name as H. C. Jones, and stated that be was a commis-
sion agent from Chester, was charged at the Police Office,
yesterday, with being drunk and disorderly in Hotham-
street, and also with attempting to assault the police. The
offence was clearly proved, and Mr. Holm() fined him £5
for the offence, regretting that he could not inflict a higher
penalty, as, with the large amount of money he had in his
possession, he should have ket sober to have taken care of
it, and not havhe ill-used the p
police when they wore saving
him from being robbed.
DRUNKENNESS AMONGST THE FEMALES.--A. more than
usual number of drunk and disorderly cases were yesterday
brought before the magistrates to be disposed of. In most
cases the offenders were females of the lowest grade in
society, some of whom had been 40 times in custody, others
20, and few less than 4 times. In order, if possible, to check
such degrading sights, and clear the streets of such charac-
ters. Mr. Holme said he should pursue the same wise course
as had been adopted by Mr. Mansfield—that was, to give each
offender a month's imprisonment, and order the conviction to
be recorded, so that should they again be charged with a
similar offence, they might be much more severely punished.
It is much to be hoped that this course will have the desired
effect, and that it will be the means of ridding some of the
principal streets of these disgusting and disgraceful scenes
which but too often have to be witnessed by the respectable
inhabitants.
THE MOST DISGRACEFUL STREET IN LlVERPOOL.—Yes-
terday, at the Police Court, a great number of unfortunate
(but exceedingly well dressed) females were charged with
being drunk and disorderly, and otherwise undecently
behaving themselves in Lime street, after leaving the
"hops" and is supper rooms" which abound in that
locality. The inspector of police stated that the authorities
were compelled to keep six policemen on duty in that street
to preserve order. Mr. Holme said he much regretted to
say that that street was a disgrace to the town ; and, he
thought, that if the keepers of the places in it had any
consciences, they would regret the evil they were causing,
At night no person could pass along without being insulted,
and, for the protection of the respectable inhabitants who
had so often to complain of the nuisance, he should send
each offender to prison for one month. This, he hoped,
would check the evil.
RELIGIOUS INTOLERANCE IN GERMANY.—In a speech
lately delivered by the Cardinal Archbishop of Cologne,
Baron von Geissel, the speaker mainly laid it down as an
axiom not admitting any doubt, that " none but a Catholic
could compose a mass or build a house of God," as in both
casts it was necessary to be fully convinced of the great
truths of Catholicism, and the doctrines held by the " only
true church." But it so happens that many of the most
beautiful masses daily performed in Catholic cathedrals and
churches are the work of Protestant composers; and it may
be further remarked, that the completion of that magnifi-
cent edifice, the Cathedral of Cologne, is entrusted to a
Protestant architect, in the person of the Aulic councillor,
Herr Zwirner. The ultrarnontane party is already agitating
for the dismissal of this gentleman.

-LIVERPOOL, SATURDA,Y.

MONETARY AND COMMERCIAL.

LIVERPOOL, FRIDAY EVENING,

There is much depression in all departments of
trade and commerce, owing to the present aspect
of monetary affairs throughout Europe. The
cotton market has become quite languid. Today
the sales were estimated at 6,000 bales, speculators
and exporters taking 500. The transactions of the
week amount to 41,100 bales, of which the trade
took 33,520, speculators 5,280, and exporters 2,360.
The weeks imports reaches the small quantity of
6,720 bales. Messrs. Wright, jun. and Company,
in their circular issued for the sailing of the Persia
to-day, thus comment upon the state of the cotton
market during the week : . .

The want of animation, forming the ruling characteristic
in our cotton market last week, as reported in our circular
advices of 7th instant, per Niagara, has been the principal
feature of the present. The last received American accounts
were calculated to stimulate a more active enquiry ; but
speculators are deterred from embracing large transactions
by the increasing stringency attached to money matters
(the Bank of England having elevated the interest rates on
short dated bills to 7 per cent.), and in view of the ad-
ditional cost such operations now entail. The consumptive
demand—of itself a considerable item—is confined to the
daily wants of spinners, who require to exercise judicious
management, in order to make our diminishing stock hold
out until arrivals of the new crop come forward to replenish
it, and for which purpose a reduction in the time of
working some mills, and a change of production in others,
has already taken place, its spreading influence depending
upon future developments. Trade is affected by the un-
favourable position of European monetary affairs and the
remote promise of their assuming a more encouraging
aspect, which induces a cautious action, but which sustains
commercial credit under the prevailing adverse elements.
We close to-day's market with a dull feeling (estimated
sales 6,000 bales, 500 to speculators and exporters), at last
week's quotations, which, however, are scarcely maintained

in all instances, qualities below middling being of easier
purchase, whilst that grade, and up to good middling., from
their relative scarcity, command extreme prices. The total
sales of the week amount to 41,160 bales, of which 33,370
are American. Speculators have taken 5,281, and exporters
2,360, leaving 33,520 bales cf all kinds to the trade. The
import for same time is 6,720 bale's, of which 3,210 are
American. The quantity known to be at sea from American
ports is about 26,000 bales.

New Orleans Fair, 7-74-d Middling, 7d Ord., 51,(1 to 6,1-d
Mobile, 71d ~ 6 15.16 d „ sid to 681 d
Atlantic, ~ 74-d 69d „ 51d to 6-id
4856 1855
Total taken for consumption, 1,895,480 bls. 1,854,060 Ms,
Export (actual) 240,017 „ 163,832 „
Stock this day—
American. Brazil. Egyptian. E. India. W. India. Total.
298,010 30,560 41,850 24,890 1,590 396,900
Same time 1855

257,070 66,240 47,900 122,040 3,590 496,840

The transactions in the Liverpool Share Market
to-day were not extensive, but the market opene d
steady, and afterwards improved, and closed firm,
at an advance of nearly 1 per cent. on the current
prices of yesterday. The transactions reported
comprised the following :—Blackburn, 7 74. Lan-
cashire and Yorkshire, 93 Z. London and North
Western, 1028 a. London and South Western,
104 Manchester, Sheffield, and Lincoln, 331.
Midland Stock, 788. Dovers, 20! 8. Great West-
ern of Canada (new shares), 22. The only transac
tions in local shares were in the Royal Insurance
Company, at 21. The following are the closing prices
of the day : Aberdeen, 121 121. Blackburn,
74 71. Chester and Birkenhead, 151 16. Cale-
donian, 281 288. Chester and Holyhead, 174
18k. Eastern Counties, 9 1-16. East Lan-
cashire, 202 20-1. Great Northern, 22 221.
Ditto A Shares, 9 91. • Great Western,
641 641. Lancashire and Yorkshire Stock, 934
94a. Liverpool, Crosby, and Southport, IS 184.
London and North Western Stock, 1021 1031.
Manchester, Sheffield, and Lincoln, 331 33a.
Midland Stock, 781 781. North British, 91 94,

Am,t,.rdam

Antwerp

BrusseTs

Vienna

Petelsburg
Madrid . • •
Cadiz
Barcelona
Seville ..

North Staffordshire, 5a 511. South Eastern and
Dover, 21 21*. York, Newcastle, and Berwick,
20i 201. York and North Midland, 29i 29k. Leeds
Capital Stock, 17* 18. Buffalo and Lake
Huron, a 1,-p. Dutch Rhenish, 7 Ip. Great
Western of Canada, 24,1 24Z. Ditto, New
Shares, 2 21p. Great Luxembourg, 111 Ild.
The measure taken by the Directors of the Bank

of England in raising their minimum rate of dis-
count to 7 per cent both for short and 95 days'
bills does not seem to have been generally antici-
pated, but in the present disturbed state of
financial affairs its adoption ought not to excite
any surprise. The simple explanation is, that the•
monetary pressure, both here and on the continent,
continues ; and that the drain of gold to the
continent, though checked, is not yet stopped.
Under these circumstances, the directors consider
that the time has now arrived when a fresh
restrictive step is called for. Taken in conjunction
with the measure of the previous day, referring to
the bill broker's, yesterday's announcement undoubt-
edly involves serious features. _ The rates current

out of doors are sensibly above those of the
Bank, and have now attained a point at which
trade will be cramped. The general soundness of
the commerce of this country, however, has already

been fully tested, and it is not in this direction
that serious apprehensions are entertained. The
chief immediate subject of anxiety is the situation
of the French money market, which must derive
additional embarrassment from each fresh defen-
sive measure of the Bank of England. The Lom-
bard.street discount houses, following the alteration
in the terms of the Bank, yesterday raised the rate
of allowance for deposits " on call " from 5 per
cent, at which it was fixed on the 6th October, to 6
per cent. There arc still no withdrawals of gold
from the Bank. In consequence of the new
measures just adopted by the Bank, there was
yesterday a pause in the demand for gold for the
Continent. It is still believed, however, that any
supplies that may come to hand will be sent away.
The market for English Securities opened this
morning with a firm and steady feeling, but the
dealings were limited. Rather more firmness has
been produced by the Bank of France return, but
the uncertain aspect of monetary affairs checks
business. Consols for money have been 92i 1
921 it, and 921, ti. For account they have been 921
and 92: t. Bank Stock is nominal. The New
Threes are 911 the reduced 91 to 911 Exchequer
Bills is discount to par, Ditto Bonds 98b. , and
India Bonds par to 2s premium.
A very limited business has been done in Rail-
way Shares, and the transactions reported in some
of the principal lines have been effected at a de-
cline of about tto per cent on yesterday's
prices. Caledonian, East Lancashire, Great
Western, North Western, South Western, and
Midland, were each about ss. to 10s. lower. North
Eastern, Berwick, and Oxford, Worcester, and
Wolverhampton, advanced 11. Great Northern
were steady. The French, Belgian, East Indian,
and Canadian lines were steady, but inactive.
The general tendency of the Corn Trade is one
of dullness. At Liverpool wheat has given way
about 3d per 701bs since Friday last on all descrip
tions, but with more business doing at the reduc-
tion. Flour still meets a slow sale, and prices are
nearly Is per barrel and sack lower on the week.
Indian corn has attracted rather more attention
during the week, and sellers have been enabled to
realise an advance of 6d to 9d per quarter. Oats
have declined hi per 451bs, and oatmeal Od to ls
per load. The scarcity of Egyptian beans has
caused an advance of is per quarter. Business
to-day was rather firm at Mark lane, but there was
a large quantity of English wheat unsold. The
market at Wakefield was lower, and at Dublin and
Belfast buyers had the advantage in price
Trade at Manchester manifests no new feature.
The demand for goods and yarns is by no means
active, and where sellers are desirous of making
contracts some concession has to be submitted to
in price, buyers restricting their purchases to the
mere keeping up of necessary assortments. From
Bradford we have the following report :
There is very little animation with the export houses ;
buyers for home consumption are generally flat, and many
of them are using less, hence the demand is limited. The
Piece market has been characterised by more enquiry for
goods, and merchants seem disposed, where practicable, to
make engagements when any concession is cbtainable in
prices. Actual business transactions, however, in goods,
produced in Bradford and its own immediate neighbourhood,
have again been only limited, and great complaints are
made of the slackness of demand. Manufacturers of what
are commonly called " Halifax goods" have fair orders on
hand, but at very bare prices. Buyers, generally, in the
tight state of the mcney market, and the uncertainty of the
reguirements for the future, show a fear to operate very
Mensively, and only purchase from hand to mouth, except
where they can make advantageous engagements. Altogether
we have a very awkward state of business, and it is extremely
difficult both for merchants and manufacturers to know
how to aot for the bps,.
The Liverpool Produce Markets during the week
have been steady, notwithstanding the advance
in the rate of interest by the Bank of England.
There has been an active enquiry for Sugar at an

iKik.9l,W;tt.

advance of ed. to ls. per owt A moderate business
has been transacted in Coffee at full prices. Tea
is in dull request. The sales of Dyewoods are
small. The price of Palm Oil has again advanced.
The Moniteur of this day publishes the monthly
returns of the Bank of France to Thursday, Nov.
13. We give the most important items, with the
corresponding figures of last month, en regard :
Nov. Oct.
Coin and bullion, Paris
Ditto ditto branch banks 85,105,281... 89,407,036
Bills discounted, Paris 251,487,827...271,955,426
Ditto branch banks - 267,523,294...239,623,602
Notes in circulation, Paris 531,594,700...551,975,100
Ditto branch banks
Treasury deposits
Private deposits, Paris 109,152,996...119,685,763
Ditto branch banks

Advanced on public securities ... 36,723,936... 76,027,936
Ditto by branch banks
Advanced on railway securities... 26,026,500... 38,060,000
Ditto by branch banks 12,073,690... 17,211,100
The bullion stands now at 6,544,4001., being
114,3001. less than last month. This decline is not
ofgreatimportance The circulation is 23,810,600/.
—decrease, 1,024,2001. ; the discounts are 20,760,4001.
—increase, 297,3001. The decline in the circulation
is pertly attributable to the important decrease Of
1,690,100/. in the advances on government secu•
rities, coupled with the decline of 686,800/. in the
advances on railway securities. In withdrawing
the loans made to the Bourse, the Bank eisvidently
pursuing the only sound policy.

COURSE or EXCHANGE.
..... 11 15 ;Gibraltar ...

Ditto, three months .. 11 18 ILegliorn
Rotterdam....

25 35 ilVilan

25 35 !Venico ..

Hamburg
Altona
Paris
Ditto, three months .. 25 6Th Lisbon ..... 51i
Marseilles . .... 23 67i Oporto
Bordeaux

Frankfort-On-Maine

Rio .11- neiro
Buenos Ayres .....
New York, 61 days' sight
10 46 Philadelphia
10 48 PRICES OF BULLION, PER OZ,
372 Foreign Gold, in Bars 0 0
4gi Portugal Gold C0in..... 0 0 0
, 48g tVexican Dollars
New Dollars
Silver, in Bars.

0 0 0

0 0 0

BANK OF ENGLAND RETURNS

.. 0 5 2}

An Account, pursuant to the Act 7th and Bth Victoria, cap.
32, for the Week ending Nov. 8., 1856
ISSUE DEPARTMENT.

Debit. Credit.
Notes issued .. £23,389,805 Government
Debt
Other securities 3,459,900
Gold Coin and
Bullion

£23,389,805

8,914,805

Total .... £23,389,805

'..a"~ 3

FOREIGN INTELLIGENC