The Northern Daily Times.
Liverpool, Merseyside, England, 1856-09-26 00:00:00

1

GOOD NEWS FOR WRITERS.—We have had our attention
called to an ingenious and useful article of furniture for
the counting-house, namely, " Hancock's Patent Improved
Pnuematic Safety Inkstand." The construction of MT. Han-
cock's production is extremely simple, but so efficacious,
that it enables a person to supply him3elf with a stock of
ink, at one time, which will keep clean for a twelvemonth.
It also regulates the quantity of ink taken by the pen, pre-
venting it from becoming overcharged. It is a boon to all
writers, and we heartily recommend its general adoption,
b-ing convinced that all persons who use it will reap advan-
tages of no insicrnificant character. .

foiCloowttionTi'nsciluxecastusxsrs.
:—On the
coroner held the
the
.body of Mr.
Gililart Dobson, a licensed victualler,. carrying on business
at 47, Scotland-road, who died in consequence. of injuries
yesterday The
received by a fall, under the following. circumstances :
appeared that deceased had been ailing for some time
past, with disease of the lungs. He was confined for
seven or eight weeks past to bed, and was very weak.
On Wednesday evening he got up to walk a little, when
he leaned over the stairs (three stories up), and, it was
stated, that he was so weak he fell down, and came with
great force on the first landing, fracturing his skull by the
fall. Medical aid was promptly in attendance, but he
died in the course of the night. Verdict accidental death.
—On the body of Grace Williams, aged 48, who resided
in Menia-street, North End. The deceased was making
haste to open the door for her husband, when she fell
down some steps, and injured her head to such an extent
that she died from the effects. Verdict, accidental
death.

MONETARY AND COMMERCIAL.

LIVERPOOL, THURSDAY 'iTEI•IIIca

The cotton Market keeps steady. Holders supply the
market sparingly, and, compared with last week's rates,
prices of American are id higher, particularly in the
descriptions sold at 54d to 63d, good staple cotton
of this value being scarce. To day's sales reached
12,000 bales, speculators and exporters taking 5,000
The rates paid were 611 to 81 for
61d to 81 for Brr.zi!s, and 4id to sid for Surat

Egyptian,
Our

attention has been drawn to the growing practice of mixing
cottons, in packing the bales before shipment from the
United States. The magnitude of this evil is beginning to
excite great apprehension. Our correspondent, who brings
the matter under our consideratiott,states the firm to which he
belongs has had to make 135 separate claims for Ameri-
can Cotton returned from the manufacturing districts
as falsely packed, the bales of course failing to equal sample:

The merchants and planter's Prices Current of
September Ist, referring to the practice alluded to, remarks
nixes 250 pounds of Cotton, worth 13 cents.

that a r

on worth only 9 cents. per pound, and
it is discovered here, the whole 500 pounds would not, in
that case, bring over 9 cents. per pounds round; and should
a pore%aser find half a dozen bales mixed in a crop, he
would likely, and justifiably, throw the whole purchase
back upon the hands of the seller; and it not nnfrequently
happens, that an entire crop has to be sold as mixed
Cotton, when, actually, only the larger portion of it has
been depreciated in this manner. When discovered, after
shipment to Europe or elsewhere, the result is reclamation,
trouble and loss, all round, and creates distrust between the
buyer and seller, and the necessity for rigid and scrutinising
caution on the part of all concerned ; which is greatly to
be regretted, not to mention the injury inflicted by this
practice upon the reputation of Mobile Cottons in foreign
markets, and by which the owner of faithfully packed Cotton
is the principal and undeserved sufferer. Equally pungent
are the remarks of the New Orleans merchants transcript of
the same date :—" This negligence often leads to vexatious
reolamations, and sometimes to expensive lawsuits, as it fre-
quently happens that the discovery is not made until the
cotton reaches the hands of the manufacturer, at a distant
market. But it also frequently happens that the discovery
is made here, by drawing samples from different parts of a
bale. In such cases the cotton is thrown back on the factor's
hands as unmerchautable, and when resold as mixed cotton,
the factor can seldom obtain more that the market value of
the lowest quality found in the bale. Besides all this, when
the irregular packing is once discovered, as it necessarily
must be somewhere and at sometime, it throws discredit
upon the planter's crop generally, and thus operates to his
disadvantage. It also introduces confusion into a most
important branch of trade, and one that can only be con-
ducted with facility and economy upon the basis of good
faith in the honesty and integrity of the planter. These
virtues being accorded to him he owes it to himself, to his
factor and to his purchaser to exercise more care and
vigilance over those who have his interests in charge."
Messrs. Brown, Hunter, in their monthly circular issued
to-day, make the following remarks :

per pound, with Cot

The past month has been marked by an absence of activity
in business generally, the transactions in our Produce Market
having
.been much curtailed in consequence of the uneasy
feeling that has pervaded the public mind on monetary affairs,
which has had the effect of retarding the improvement that
was generally expected to follow and be maintained on the
return of peace ; and although no material depreciation in the
value of imports has been experienced. a measure of want of
confidence in the future has existe.l in mercantile operations,
notwithstanding tho continuance of a sound and healthy position
of commerce—the declared value of manufactures exported to
31st July being twelve and a half millions in excess of 1855,
and all apprehensions as to the result of a full average harvest
being now removed. The continued of of gold to the
Continent, and the large export of silver to the East, have not
only absorbed the arrivals of specie, which have amounted to
two millions since July, but from the extended circula i in inci-
dental at this season of in•gathering of the crops, and the pie-
parationamade to meet the engagements of the winter trade, the
bullion in the Bank of England has decreased since the 26th
June (when the rate of interest was reduced to 41 per cent.)
nearly one million ; under these circumstances and the discourag-
ing condition of almost all the Continental Money Markets,
where rates have lately advanced, much anxiety has been
manifested each week, lest the directors of the Bank of
England should raise the rate of discount, in the event of
which commerce would again be suTeted to all the evils of
dear money and a contraction of business. Happily, these
apprehensions have not yet been realised, and as the last
instalment of one million on the late loan has been
liquidated, looking also to the healthy position of every branch
of commerce, and an abundance of money for all legitimate
purposes, there really seems to be no grounds for the anxiety
and apprehension that have existed ; it will, however, be a
subject of necessity to enquire whether the principles on which
the monetary system of this country are founded are soundly
based, and are meeting the requirements of a large and
increasing trade, which can so easily be disturbed and
unsettled by a trifling diminution of bullion tending to
enhance the value of money, and thereby affect the interests of
the mercantile community. The minimum rate of discount
still remains at 4a per cent ; the stock of bullion in both
departments of the Bank of England, at the date of the last
returns, was £12,141,310, against £12,455,624 at the same
period last month.

The Liverpool Share Market opened with an improved
tone, and got better in the latter part of the day. The
transactions included—Caledonians, 27a 271
Counties, 9 5-16, 1. East Lancashire, 201. Great Western,
64i. Lancashire and Yiirkshire, 96, -a, 4,8, 4,4, 7, 97,
London and North Western Stock, 1021 ; for next Account,
1031 -a. Manchester, Shefth-ld, and Lincoln, 321 Midland
Stock, 781, 8,1, a, ; for the next Account, 781, 1, 1.
York Capital Stock, 271. Dover, 211 4. The closing
rates were—Aberdeen, 131 131. Chester and Birkenhead,
154 154. Caledonian, 274 271. Chester and Holyhead,
164 161. Eastern Counties, 9 5-16 9 7-16. East Lanca-
shire, 201 204. Great Northern, 231 231, Ditto A, 104
101. Great Western, 641 65. Lancashire and Yorkshire
Stock, 97/ 971. Liverpool, Crosby, and Southport, 181
1871- London and North Western Stock, 1021 1031.
Manchester, Sheffield, and Lincoln, 321 33. Midland
Stock, 781 781. North British, 9 11-16 91. North
Staffordshire, 54 4d. South Eastern, 211 214. York,
Newcastle, and Berwick, 201 201. York and North
Midland, 271 28. Leeds Capital Stock, 171 171. Buffalo
and Lake Huron, 1-16 d 1-16 p. Dutch Rhenish, 2 21 p.
Great Western of Canada, 234 234. Ditto New Shares,
14 p. Great Luxembourg, 101 101 d. The rates of Con-
tangoes are as follows :--Caledonian, 6i, La I_l6d, is 6d,
Is 9d, en. Eastern Counties, 91, Bd, 711. East Lanca-
shire, 1 6d, is 93, Is 61• Great Western, 1-16 bk even.
Lancashire and Yorkshire Stock, 4, 3-16, 1, 1-16, even
1-16 4-. London and North Western Stock, f, 4, 71, 4,4,
con. Manchester, Sheffield, and Lincoln, a, 2s, is 9d, a.
Midland Stock, 5-16,1, 5-16, 4. South Eastern, is 9d, 2s,
is 9i, 2s. York, Newcastle, and Berwick, 2s, is 9d, 2s.
Dutch Rhenish, Iod. Great Western of Canada, 2s. Ditto
New Shares, Bd, 6d, 7d, 743.

Eastern

The Money Market has not experienced any change.
The Bank of England, at its usual weekly meeting of
directors to-day, did not make any alteration in the rate of
discount, this, toiether with more peaceable advices from
the Continent, induced a better feeling in the Coniol
Market. A greater extent of business was transacted for
the Account, the opening price was 938 94, after which
they advanced to 94k. The earlier purchases for transfer
were made at 931, they then advanced to 94, and again
receded to 934. At the close of the day the market was
firai, and the latest rates quoted were-94 to 948 for
Account, and 931 to 94 for Money. The value of Exche-
quer Bills was 13s to 17s premium.

At the London Share Market to-day there was rather
more disposition shown to do business, and the market closad
with a firm feeling at the highest quotations of the day.
The transactions ;included Caledonian, 55 54*. East
Lancashire, 932. Great Western, 642. London Stock,
1023, 1. Midlands, 78i 781, York, Newcastle, and
Berwick, 712. The following were the last prices reported:
Edinburgh and Glasgow, 52 53. Eastern Counties, 91,
East Lancashire, 80 81. Greet Northern, 931,
Accornt, 82 83. Great Western, 64i 65. Lancashire
and Yorkshire, 971, -. Leeds Northern, 172 181,
Lend, i and North Western, 1034,. Manchester, Sheffield,
and Lincolnshire, 32t to 33. Midland Stock, 78-2, it.
North British, 38!, .1. South Eastern and Dover, 704
71. York, Newcastle, and Berwick, 80 81. York and
North Midland, 55 56.

The Produce Markets here are steady, a moderate
amount of business has been transacted, and the late
decline in Sugar has been fully recovered. The imports,
by the Board of Trade returns to the 31st of July, are

217,381 tons, against 177,728 tons; the consumption,
211,327 tons, against 239,974 tons; for export, 647,455
tons, against 217,939 tons to same period last year. The
first import of Ceylon Coffee, per the Malcolm, sold bi
auction at very extreme rates, and we trust that the
favourable result will encourage ferther shipments to thl6
.
market, which has for some time been so barely suppbea
with Coffee suitable for the home trade. The imports, by
the Board of Trade returns, to the 31st of Jaii, arB
29,422,350 lbs, against 24,096,692 lbs ; for home consun)r.
Lion, 21,088,058 lbs, against 22,346,481 lbs; and foe'
export 12,020,590 lbs, against 13,974,529 lbs to the sate

period in 1855.
The public'wool sales commence here to-morrow, whell
400 bales East Indian, and 2,000 Egyptian, Turkey, lee;
land, Russian, &c., will be offered. On Saturday,
bales East India ; on Monday, 1,700 do, and en Tueeda;
2,100 do. There will be offered 1,900 Peru, Turk* enuo
Eest India on Wednesday. 1,400 East India, and 80
Ayres, Turkey, &c., are set down for ThursdsY, °
which day the sales will close. Messrs Brown, llunter, 84rt
in their Circular, ju4t issued, say :—There has been an 1::
proved feeling in the Wool Market daring the past 1011,,
the favourable termination of the London Sales hal:11
imparted greater buoyancy to prim'. The quantity of
me
India brought forward amounicd to a, 225 bales, the above
of which sold at an average advance of .111 per lh• choice'
our last sales here in June. A small va.'eel 0f c out
quality, suitable for carding, sold at 141 d Po: lb.
06
next sales are fixed to commence on the 26th inets
quantity of East India at present here is about 7,600 hew'.
and some time having elapsed since our last sales, whit
has enabled dealers to dispose of their stocks,
a favottrebx
result is anticipated. The imports of Wool, by the 13Tinre
of Trade returns to 31st July, are 61,913,084 lbs., age:it.
50,174,511 lbs. ti the same period in 1855. We mail`
add to the foregoing, that some fair transactions in „f.
have taken place here very recently, to the extent
£50,000, chiefly in Persian, Kent Skin, &c., for Free;
Account, and all the Alpaca sold, to arrive, at 2s. 83.
10d., so that article is bought in anticipation; and by
',—
Melbourne Argus, of 30th April, this animal is still drayliur'
attention for propagation in Australia.
Some further facts have transpired relative to the reeellt
fraudulent re-issue of shares of the Crystal Palace Conille,
tending to show that either the management of the transfer he
partment must have been very lax, or that the frauds of .tthi`
company's late clerk, William Robson, were conducted
extraordinary skill. It is certain that they have beto
long standing, for during the last day or two transfors
been returned as irregular to members of the Stock Esc' the
in cases in which the shares had been registered is
company's books, and certificates of registration given et,„- f
back as nine months ago. Fortunately in all these install'i;
as we are informed, the amounts involved are individlleist
small: It is evident from these cases that Robson 0110
have been almost entirely exempt from official control in.%
own department, and the laxity of the company's prect.,,l%!,
in this respect furnishes an additional ground for the dew"(
of the sufferers that the company shall assume the vilican:
the loss incurred through the malversations of their re".
nised officers

Buenos

The prospectus of the Australian Auxiliary Steam OIiPPI 0-1
Company (limited) is issued, with a proposed eePteil
4250,000, in £lO shares, upon which the deposit ill Lit—ho
at £5 per share, The object of this companyis „dOll
establishment of a direct communication between J,O
With
and Australia, by means of fast-sailing elliVer°,3' .001
Winds auxiliary steam power to propel them in light lusfootil
calms. By the arrangements contemplated, the
which in ordinary steamers is occup'ed by coals find PttiltiO
fal engines is to be made available for cargo- As a regd. 0
of a comparison between one of the company's shiPs
vessel running on account of one of the large steam col:0
the direc ors claim to prove that " though the Pr°llc); If
vessels will cost only one-half of the amount of those '°:„eep
employed, and consume one-ninth the quantity of coals, .)01;
thEy will carry three times the quantity of cargo Inakir
the passages in less or at least the same time." It is °ell,
tior.ed that subscriptions have already been received t° t
extent of between L 70,900 and 30,000, and that the cstli'
na
piny bare purchased three vessels, of 1,470, 1,17,150 r
1,400 tons respectively. The first of these, called the h°-
boul, is to be despatched from London for Melbourne a° 0
10:h November next, calling at Plymouth. The direst"
state they " feel convinced from experience that the 11(1-
6•
can be performed in about 60 days out and 70 days 11°,111Cli
On the Paris Bourse, yesterd,y, the Market openetv;lol
great weakness in the French Funds, and the apPraa7le'
" settling day" rendered speculators very cautious ia
ap
dealings, who have already lost considerably by the at t
decline in Rentes. The Three per Cants. left '9ll 000
further decline of 25c for the Account, and a recovel for
fir Money ; and the Four and a half per Cents. fell Ojos'
Money, and 25c for the Account during the dal'
Railway Share Market was a little firmer, with a rec-r,
serf
of sfr in Orleans and Eastern ; and Credit Mobilier ou"
rose 25fr.

i, gi

The accounts from Berlin mention that there prol
activity at present manifested by the members of the Lieff
sian Cabinet, in preparing for the ensuing eee; 10
especially the Minister of Finance. He is said "TV
engaged in drawing up a new financial measure; 00
increase of 25 per cent on the impost tax, wllic". iff
consented to at the close of the last session, will
,1 e1)04
on the 31st of December next, and the deThel
caused by this must be made up to meet the 1001,
of the budget by opening a new source of releopef
The impossibility of levying any new del fitis"
the industry of the country, without meeting V
the greatest opposition, has led the Miniter fief,
consider the necessity of including in 131•0„110,
financial scheme the question of a direct tax. It is t"; 00v
that the new law will advise the increase of Oilt'o°,11;
thalers upon the revenues and domains held by the ;borli
and that this law will be brought before the Charabef‘p $Ol,ll
after their meeting in the month of November. I,,h,calities"
of Prussia has raised their rate of discount n Ab
bills to 6 per cent., and refused to cash their bill .0s
tend to diminish the amount of specie by exporting t"
to foreign countries.

a mi te
si.as intendedt
aTseilleihilo
il
t Irene
A cricket match was played,between the Moun opt!"
and Collegiate clubs, on Saturday and AVedilea° of 'OlO
20th and 24th inst., and was concluded in fave.'",SV
latter, by 37 runs. The scores were as follovvs 'Ai ;i"
Vernon, 51 and 44; total 95. Collegiate, 85 and - 00
met
132. . de...-or
ROBBERY IN PLYMOUTH CITADEL.—POIIO ,00e 0
Joyce has succeeded in recovering all the stolen Fie gt,
viz., £lOO in notes, concealed in a coal-hutch, °PAO
gold, hidden under some flooring stones near triocoo ;01
meats of Mr. Eames, the acting paymaster °le,"
regiment. Stack and Mullins, servants to .11,1iolb
Trigge and Austin, have been arrested on sag"-
are now confined at Plymouth.
PLANS FOR TETE NEW LIBRARY AND 1V1T.,--ioriold
r ar 1i_.0.1411.4
plans for the new Library and Museum will De 00 00
the inspection of the public, for a fortnight, freie.ria ete,
next. They are in St. George's Hall, but no 0(0
present week the inspection. has been open only aero 1,
bers of the council, and those favoured with or flip
admission.dj From Monday next no order° ft
b 9
requ rei. Vrth OA°
ORR'S CIRCLE OF THE INDUSTRIAL ARV*--: {kith dp
received a copy of the prospectus of a new work" jite;dl
above title, and which, we cannot doubt from tileaged,o°
ability and practical knowledge of the writers cog e, a I
form a valuable a 'dition to our standard litersiode ~:
1° Circle of Industrial Art," now announced, i° illseiell,
form a companion series to the " Circle of the ja 'el
embodying, as it were, the principles of scielerts. tiotir
practical application to the various indestri" !o Abr.,
tpa;l:erdcweml,a)orisknt.
series will include treatises on the useful metals "ort aril
alloys, and the precious metals and their alloYoe,. 0rt,,,,
tecture, decorative art, painting, sculpture, plastir`t,bl9loo
engineering, practical agriculture, the military 9 tterp.oof
as ttrtri Thesecateyiv
ing, dyeing, and painting, as also on glass, rt, p°4oo,°
wesuitblj3iaencntrslteewrn,ilalvnoblde elucidated In to 90 r
11209
W. S. Orr, of Londen. jos" t took
TnE linoustE FAMILY.—These gifted indivii.,oo 9.0 t,
performances have given universal satisfae`;oos'oBoo
elegant and commodious place of public eps96e.o•ooll
Clayton Hall, are about to terminate their t apii`,,o ,i•
This evening, and to-morrow, will be their las is frwets:;i
in Liverpool. They have won golden opintir alr flitss
who have had the pleasure of listening to to'r tlieie,'
int.,,, the sweetest of sounds, and producing, brig sttene
fingers in the most accomplished and rnasieyienift4i,
musical compositions of Hayden, 11Iozart, tett r lot
Hauser, David, &c. Truly, theirs is
orchestra in solo, duo, trio, quartetto, and„o ti
Thomas Thomas merits the gratitude of the Livertro-usii'cl ;1,0%
giving an opportunity of listening to the -.`".1.0re,,a, el'of,
We observe that he has another treat in ',4", diVotoO,
the far-famed Henri Drayton and his la"' on '-of 010
their illustrated proverbs for the first 033,e'any 00
next, at the Clayton Hatl. Meantime, if they
readers have not heard the Brousil Family'

do so either to-night or tolmoraovr.

NCE.

(FROM ODE OWN CORRESPONDENT)

PARIS, TUESDAY EVENING. 2lfoniteur does not contain the article that
:444114 bet( expected about the Neapolitan demon-
:°u, but it is riot improbable that it may
Par morrow, It will most decidedly disavow
will, attempt to create a revolution in Naples, and
atitel' it 43 even said, declare that if any such
It ,Q,llllat be Made the allied fleets will put it down.
ever, that to day, with greater positiveness than
iit,,rt'ithat France only takes part in the demon-
111ia'a,,434 with much reluctance ; and I hear it
kolt-d'erecl, that the Government has given the
and f.'"'/'cire to its newspaper organs, both French
kerejvrein, to represent that it takes part it
to ree.te oblige Lord Palmerston, who,m
liat4enaltill.Possession of power, and to satisfy Par
' under the necessity of doing semet
f°r,gottseentile unfortunate Crimean campaign to be
„ i, •
the de;.'Perial decree prolongs to the end st.i.f lgo
41Reii;46 which prohibits the export of CO Ai
f.
for th;l4 f'reign countries; and anether.. prolo.
e°4l, 2arue period, the permiss)P
kid Thtatoes, &c., from F'
eh.eria
to Prance.
about coney
of the
ionrn ,`'e dearness of
that 4` Publishes ar.
Whiltd tile
qUelber 5, !) Ns _ •
"

,n to corive

3e to Algerif

the official