The Northern Daily Times.
Liverpool, Merseyside, England, 1856-04-08 00:00:00

MONETARY AND COMMERCIAL.

LIVERPOOL, MONDAY EVENING

The Liverpool Cotton Market has been very firm
to-day, and prices well sustained. The sales
amount to 10,000 bales, and include 3,000 taken
for speculation and export.
There -has teen no change in the tone of the
Liverpool Share Market. It opened with a
buoyant feeling, and continued steady to the close,
when the prices stood as follow :—Aberdeen, 131
14. Chester and Birkenhead, 16 161. Caledonian,
301 xd 301. Chester and Holyhead, 161161. Eastern
Counties, 10/ 10 5-16. East Lancashire, 191 192-.
Great Northern, 28a 231. Ditto A, 91 101. Great
Western, 60-.) 648. Lancashire and Yorkshire
Stock, 8S 881. Liverpool, Crosby, and South-
port, 16 16/, London and North Western
Stock, 101 a 1011. Manchester, Sheffield, and
Lincoln, 288 29. Ditto Pref., II& 111. Ditto
New 6 per cent. Pref., 7-16 9-16 p. Midland Stock,
7,1-,§,-1741. North British, 81 9. North Stafford-
shire, 6 51d. South Eastern, 211 21 13-16. York,
Newcastle, and •Berwiek, 191 191. York and
North Midland, 281 281. Leeds Capital Stock,
16 168. Dutch Rhenish, 11, 1 15-16 p. Ditto New
Shares, 3a 34p. Great Western of Canada,
25 11-16 25 13 16. Ditto New Shares, 21 2;1 p.
Ditto 2nd issue, 2,1 21p. Great Luxembourg,

-The Prussian Minister of Commerce has posted
up a decree on the Bourse at Berlin regulating the
sale of foreign and home stocks as follows :-Ist.
The brokers are not allowed to dispose of any
shares unless they are fully paid up. 2nd. All
Prussian shares of industrial companies, not hav-
ing their arrangements completed, are not allowed
to be negociated. 3rd. The negotiation of foreign
stocks, not completely paid up, is interdicted.
4th. The Ministerial decree announces that the
publication of the quotations will be officially re-
gulated. In a previous decree it was stated that
any agent on the Bourse infringing these regula-
tions would lose his license. No improvement has
taken place in the Prussian Funds.

Much sympathy has been expressed in the City
at the announcement of the failure of W. 0. Young,
shipowner, in consequence of his heavy engage.
ments with Messrs. Syers, Walker and Co., who
suspended payment on Friday last. It is said that
his liabilities are very considerable, but that as far
as can be estimated at present, his assets will pay
a good dividend, if the estate is judiciously
managed. Ten shillings in the pound has been
spoken of•by some. The following is Mr. Young's
circular, addressed to his creditors :
Sun-court, Cornhill, April 4.' f
In consequence of the suspension this day of Messrs.
Syers, Walker and Co., for whom I have become under
heavy engagements, I regret to be compelled to inform
you, that I have felt it my duty, acting under the advice
of friends, to suspend my own operations, and to take
the opinions of my creditors as to the best course to be
adopted for their interests, and with that view I have to
request the favour of your attendance at a meeting to be
held here on Thursday next, the 10th inst., at one o'clock
precisely.—l am 3 our very obedient servant,

W. O. YOUNG.
The liabilities of Messrs. Syers. Walker, and Co.
are believed to exceed £200,000, the speculations
of the firm in produce having been extensive.
It is estimated that if a steam packet commu-
nication could be established between this country
and Australia, by which such communication could
be effected in 44 or 45 days, that £lOO,OOO a year
would be saved in interest of money on Austalian
gold sent to England.
The Funds have been weaker to-day, and closed
at a decline of 1 per cent—the prices quoted being
921 94. This reduction is chiefly attributable to
the commencement of preparations for adjusting
the monthly account in Consols. Money was thus
in good demand in the Stock Exchange at 6 per
cent. upon government securities. Inasmuch,
however, as the investments of the public
are constantly continued, whilst the creation
of new government stock will soon he
arrested by the equalisation of the ordinary
revenue and expenditure of the country, the
market still retains considerable firmness of
character. The immediate operations for higher
prices are now conducted upon a more moderate
scale in the various departments of the Stock
Exchange, but the current speculation is still deci-
dedly in an improved direction. In the Discount
market to-day the demand for money was not
heavy. On Thursday falls due an instalment of
1,300,0001. on the New Loan, but the dividends
will be payable on Wednesday. At Paris to-day
the Three per Cent. Rentes closed at a decline of
per cent. Messrs. Saunders and Harrison,
linseed crushers, of Upper Thames Street, to-day
suspended payment. Considering the convulsion
which the sudden cessation of the war has
caused in several departments of the Pro
duce Market, surprise can scarcely be
felt at the two or three cases of em
barrassment lately recorded, which are
not of a nature to shake the general conviction that
trade is, upon the whole, in a sound and satisfac-
tory state. Three vessels have arrived from
Australia, viz. The Ada and Asia from Sydney, and
the Red Jacket, which is believed to have a large
quantity of gold on board. The Wheat Market to-
day was firm, at last Monday's rates. The Railway
Share Market to-day was inactive, there being a
pause in the speculation for higher prices,
at the following quotations : Caledonian,
611 04. Eastern Counties, Mil 101. East
Lancashire, 76 78. Great Northern, 94 941.
Ditto A. 79 80. Great Western, 64a 644. Lan-
cashire and Yorkshire, 88 881. London and
North Western, 1011 1011-i. Manchester Shef-
field, and Lincolnshire, 281 291 Midland Stock, 741
75. North British, 35 36. South Eastern and
Dover, 711 711. York, Newcastle, and Berwick,
791. York and North Midand, 57 571.

THE PEXCE.—We have reason to believe that at a
meeting of the Privy Council, which will be held on
Thursday next, all the existing prohibitions with regard to
trade with Russia will be immediately rescinded. It will
be evident at once that the government, in adopting this
determination, have acted in a way which will best serve
the interests of the commercial community, since to main-
tain the prohibition referred to, after the blockade in the
Baltic had been raised, would only throw the whole of the
spring trade with Russian ports into the hands of neutrals.
—Times.

THE ELECTION OF VESTRYMEN.-At the close of yester-
day's poll, Mr. Flanagan was declared in a majority.
COLLISION IN THE RITEE.--00 Sunday night, the ship
Bowden, from Bombay, and the Hannah Eastee, from
Dundalk, came in contact in the river. The former lost
her foretopmast yard, and the latter her topmast, figure-
head, foretopmast, &c. There was no accident to life or
limb, that we heard of.

CANADIAN RAILWAYS.—The eminent railway contractors,
Thomas Brassey, Esq., and E. L. Betts, Esq., took their
departure on Saturday last, per Africa, for. New York, on
their way to Canada, for the purpose of consulting with
the Canadian government, who, we understand, are about to
increase their railway works in that country to a greater
extent than hitherto contemplated.
SUDDEN DEATH.—On Sunday evening a most awful
occurrence took place in St. Bartholemew church, Naylor-
street. During the time that the evening service was being
performed, in the above church, the congregation were much
alarmed by hearing a sudden convulsive shriek from a
female, who, immediately after, fell from her seat. All
attention was immediately devoted by the congregation to
the poor female, but, alas, too late, she had expired. Upon
inquiry, it was found that the deceased person was a Mrs.
Spencer, of Prince Edward-street. Her body was removed
to her dwelling, and it is scarcely necessary to say that this
melancholy occurrence created the deepest consternation
amongst her family and friends, and likewise amongst the
worshipers of the above church. An inquest will be held
on the body of the deceased this day.
LIVERPOOL POLYTECHNIC SOCIETY.".-The usual periodical
meeting of this society was held last evening, at the Royal
Institution, Colquitt-street. Mr. Romer occupied the chair.
On this occasion there was no specific paper for the evening,
therefore the subjects conversed upon were of a miscellane-
ous character. The secretary announced the receipt of
several valuable donations of pamphlets, for which the
thanks of the society were unanimously voted. Mr. Hazard
exhibited an instrument he had invented to attach to steam
boilers, for the purpose of giving warning in the case of a
deficiency of water, or an over pressure of steam. The
instrument he haa tried, and found it to be very efficient;
the total cost of which would not amount to more than 7s.
6d. The society considered it a very ingenious contrivance,
and might be the means of saving a great many boilers from
the carelessness of Pervants, or neglect. A conversation
ensued as to the best means of conveying hot water in dwel-
lings, which led to the question being asked as to the
quality of the water, and as to its corrosive qualities, which
would be brought from Itivington. The reply was that it
had been carefully analysed, and all reports were that it was
very pure. The meeting soon after Separated.

LATEST INTELLIGENCE,

THE CONGRESS

PARIS, MONDAY EVENING

A meeting of the plenipotentiaries had been
appointed to be held to-day, but from some
unexplained cause, it has been postponed until

to-morrow

-A).------

THE TURKISH REFORM MEASURES

From despatches, dated Marseilles the oth inst.,
and Constantinople the 27th ult., we learn that in
several of the Asiatic towns in Turkey, the reforms
recently decreed by the Sultan, has been followed
by hostile manifestations towards the Christian
population.
At Aden, the Christians had been much mal-
treated, and it is asserted that the Calvalry had
been called upon to repress an emeute got up by
the Turkish population at Ismail.
The prisoners who had been exchanged for
Russian prisoners at Kinburn, had arrived at Con-
stantinople, and gave much valuable and interest-
ing information with respect to Odessa.
It was pretty generally stated that Admiral Sir
Edmund Lyons would, in all probability, take the
place of Lord Stratford de Redcliffe, as Ambas-
sador at Constantinople.