Northern Times.
Liverpool, Merseyside, England, 1859-03-24 00:00:00

COMMERCIAL.

NEW YORK, March 12: The cotton market was firm
yesterday, and the sales reached about 4,500 bales, making
the total transactions since the departure of the Canada
nearly 20,000 bales, closing stiff on the basis of 12.7,c for
middling uplands. Flour was more active, and prices for
common and medium grades of State and Western were
better. Southern flour was in good demand, and sales
freely made at full prices. Wheat was firmer, with fair
sales, and closed at a decided advance for good lots of
W'estern red and white. Southern and Kentucky were also
held with treater firmness. Corn was also firmer, with
moderite sales. Pork was better, and more active. The
sales embraced new mess at $lB, old ditto at $l7 622 c, and
prime at $l3 25c. Beef was firm and in good demand. Lard
heavy. Sugars were steady, with sales of about 700 hhds.
Coffee was firmly held ; holders demanded prices above the
views of buyers, which checked sales. There was a move-
ment in naval stores yesterday. Spirits of turpentine was
quite active, with free sales on the spot and to arrive at an
advance. The market closed with sales at 521:c for that in
shipping order, while 53c was asked. Rosin and crude
turpentine were also in good demand, with tolerably free
sales. Freight engagements were moderate,. and rates
without change of moment. Among_ the shipments were
650 bales of compressed cotton for Liverpool at 3-16 d, and
1,200 brls rosin at Is 6d.
NEW OBLEANS, March 10.—The Arabia's advices added
firmness to the cotton market, which closed at stiffer but
not quotably higher prices ; sales to-day 27,000 bales ;
middling, 112 c. Freights : Cotton to_ Liverpool advanced
1-16 d., and quoted at id.
MOBILE, March B.—Cotton moderately active ; sales to-
day, 4,500 bales middling at 1 ; sales of last three days,
13,500 bales ; receipts of last three days, 7,500 bales.
March 9.—Cotton unchanged ; sales 5,000 bales. March
10.—The Arabia's news caused an advance ; sales 9,000
bales, at 14-e-to 111 c for middling.
CHABLESTON, March 10.—The sales of cotton to-day were
1,800 bales. Sales of the week, 12,000 bales, closing at to
to lc better rates than those of last week. Good middling,
120 to 121,e. •
SAVANNAIt, March 10.—Cotton quiet, sales 300 bales ;
sales of the week, 4,750 bales ; receipts of the week, 4,550
bales. Total receipts at this port for the season, 370,000
bales. Stock in port, 59,000 bales.

TIMID EDITION.

NORTHERN TIMES OFFICE; THURSDAY, 9 A.M,

THE CABINET AND THE

REFORM BILL.

-
There was a meeting of the Cabinet Council on Wednesday
The S'tavurmises that the speech of Mr. Sydney Herbert
so very much talked about in political circles, must hale
passed under review. Mr. Herbert clearly gave the Cabinet
to understand that a measure, such as Mr. Henley mid Mr.
Walpole would lave agreed to should receive his approval,
and be supportea,hy al the infinence at his command. Such
a speech has a tendency to raise a supposition that even now,
and before the debate closes, something may be attempted
to defeat the purposes of Lord John Russell, and get a mea-
sure passed during the present session that would prevent
ene of a dmocratic kind being discussed at a future period.
Yet nothing seems certain for the moment but the defeat of
the GOveTurnent iu the event of the issue being the same as
now.

COMMERCIAL.
The Stock Markets to-day were dull, but prices were
generally -firm. English and Indian securities being an
exception. To-day the general Discount Market was tight,
2*
.per cent. being the minimum rate for the best bills,
owing to the prospect of increased supply from the Conti-
nent. it is stated that the aggregate remittance of silver
for Bombay, on the 27th, will perhaps exceed £BOO,OOO,
including £400,000 or £500,000 on Government account.
There were no bullion operations at the Bank of England
to-day.—Daily News City Article, Wednesday Evening.
The English Fonds to-day have been inactive—dull
Prices from Paris, a slight increase in the demand for
money. and a feeling of dissatisfaction at the uncertainties
connected with the Indian finance, having contributed to
prevent any manifestation of buoyancy. In the Stock
Euhan?..,e to-day the rate of loan advanced from 2to 2.1 per
cent., and at the Bank and in the Discount Market there
was a full inquiry. The belief that the remittances of
silver may continue on a scale sufficient to keep the Conti-
nental Exchanges in an unfavourable state, operates to
stimulate the demand. Tithes City Article, Wednesday
Evening.:- •
—The London and w
RAILWAY TUAFFIC RETURNS, .
of E 3,081 the Great
orth-
Western chews this week an increase
Northern, an increase of .X 1 ; the Great `Western, an
increase of £1,721; the. London and South-Western, an
ncrease.ef4B9s.
A special meeting of the London and North-Weattsri:
Railway
,Coi,app,ny called ,consider and; amoYe.na
than twenty bills now.reading, ill Parliament.

NORTHERN TIMES OFFICE, THURSDAY, 3 P.M,

THE PROPOSED CONGRESS.

The Times has issued a 3rd edition containing the
following despatch from its correspondent :
" VIENNA, Thursday, noon.—Austria agreed yes-
terday to the proposed Congress, which will probably
meet at Aix la Chapelle."
The Vienna correspondent of the Times says
that one of the conditions which Austria will demand
before assenting to a Congress is, that' Sardinia shall
suspend armaments and remain perfectly passive
while the Congress is sitting.
The Paris correspondent of the Times says it is
rumoured that the French Government wishes Pied-
mont to be represented at the Congress.

A Paris letter in Le Nord states that the Sardinian
Cabinet has addressed a communication to the five
great Powers, strongly insisting on being allowed to
take part in the deliberations of any Congress on
affairs of Italy.
According to the new Ga:ette of Prussia, the
Emperor of the French has on several occasions
lately recommended the Count de Cavour not to
excite to war, assuring him that in no case would
France go beyond the limits of her engagements.
The Times Paris correspondent says that, notwith-
standing the warlike sentiments attributed to Prince
Napoleon, his Imperial Highness has very recently
• written to Turin, exhorting M. Cavour to calm the
-efferVesetnee of the Piedmontese, and recommending
pacific solution, instead of an appeal to arms.
The Grand Duchy of Baden is making warlike
preparaticns. Witll the exception of Bavaria, Wur-
temburg, Hanover, Baden, and Electoral Hesse, the
other States of the German Confederation,. and par-
ticularly those of the North, appear to have deter-
mined on waiting for the impulse that may be given
to them by Prussia before taking any military mea-
sures. •.

BOROUGH HOP MARKET.—M.I4.nm 24.
We have no change to notice in the general state of this
market. New hops and fine yearlings are firm at full prices,
but other kinds are very heavy.

METROPOLITAN CATTLE MARKET.—MAncu 24.
Trade very dull for all kinds of stock. Mutton, lamb,
and veal gave way fully 2d per 81bs, but beef and pork were
without material change. Beef, 3s 6d to 5s 2d ; mutton,
4s 2d to.ss 10d; lamb, 5s 8d to 6s 10 ; veal, 3s 10d to
5s 6d ; pork, 3s 2d to 4s 4d ; per 81bs, &c. Total supply :
Beasts, British 816, foreign 110 ; sheep and lambs, British
4,520, foreign 820; calves, British 100, foreign 72 ;
.pigs,
British 350.
LONDON MONEY MARKET.—MARCH 24.

Consols opened at 914 to 911 and advanced to 96 to
96a, and are now steady at 96 to 964. Shares firmer in
tone, and prices have improved about 4 per cent. Canadian
dull ; French improved,

GLASGOW IRON MARKET.-MARCH 24,

No., 1,52 s 3d to 52s 6d ; warrants, 52s 51 to 52s 7d ;
maker's iron, 52s 3d to 52s 61 ; No. 3,52 s 3d to 52s 6d.
Market quiet; nothing doing.

CORK CORN MARKET.--INIARm 24.
Red wheat, 20s 9d ; barley, 13s 8d; oats, 12s to I4s.

LONDON TALLOW MARKET.—MeaciI 21.
The,tallow market is steady to-day. Annexed are the
prices :—On the spot, 53s 3d ; all the month, 9a ,
April alone, oas; Apai w Juae, uZs 9d; October to
December, 535.