Northern Times.
Liverpool, Merseyside, England, 1859-06-03 00:00:00

COMMERCIAL.

The Funds to-day were rather weaker, the late rapid rise
having naturally led to realisations. The alteration at the
Bank, although fully, anticipated, imparted a momentary
steadiness in the afternoon, but the final quotations were it-
to a per cent. below those of yesterday. In the other
departments of the Stock Exchange a tendency to
re-action was likewise shown, sellers predominated.
British Railway Stocks suffered chiefly. The Lom
bard-street houses have not yet made any altera-
tion in their rate fur money at call, but a reduction of* per
cent. will probably be notified to-morrow. Two or three of
the joint-stock banks have altered their terms for deposits.
The whole of those establishments now allow 21 per cent.
both for old and new deposits, with the exception of the
London and Westminster, which gives only 2 per cent. for
sums above £5OO, and 11 per cent. for smaller amounts.—
Daily Hstos City Article, Thursday Evening.
The English Funds have shown less firmness to-day.
They opened without alteration, but subsequently ex-
perienced a decline, from which there was only a partial
recovery. In the railway market there was a general re-
action, but, towards the close, a partial rally took place.
Most of the leading English stocks show a decline, com-
pared with yesterday, ranging from t to It per cent.
Great Northern, Lancashire and Yorkshire, York and North
Midland, however, led off without alteration. There were
no bullion operations at the Bank to-day. The outgoing
steamer, on Saturday, will take £224,876 for the East.—
Times City Article, Thursday Evening.
The Times says that, so far from the present glut of
money being an indication of a recovery of confidence, it is
the, strongest proof that could be afforded to the contrary.
The discount houses and joint-stock banks are flooded with
money, simply because the traders of the country distrust
future political possibility, and wish to deposit their resources
so as to have them within call.

The Advertiser says the no-confidence motion will be
moved in the House of Commons by the Marquis of Har-
lington, and seconded by Sir Morton Peto.
Some of the morning papers copy the 'paragraph in the
Globe, respectin; the rumoured probable resignation of the
Duke of Cambridme.

The Admiralty has authorised gratuities of 20s. and 16s.
to persons bringing a shipwright, caulker, or
.seaman, to
tie royal dockyards.
A cheque has been paid at the Bank of England, from
which all but the signature of the drawer was erased by a
chemical process, a larger sum being substituted for the
orilinal amount.
THE CABINET AND THE LIBERAL PARTY.—The Daily
News says—Arrangements are in progress which will, it
believes, facilitate the united and vigorous action of the
Liberal party as a whole. In the, great home an foreimn
questions of neutrality and reform, the present ministry
have repeatedly, both in word and deed, avowed convictions
at war with those which the nation has unanimously
expressed; and the Daily. News says it may safely predict
that in a few days the country will have a government
which, instead of trying to delude it by the covert gratifica-
tion of anti-national sympathies and aims, will spon-
taneously and faithfully reflect the national will. The
Times asks the Liberal chiefs, if they are successful in their
attempt to upset the Cabinet, whether they can reckon with
certainty on a respectable majority in support of a vote of
no-cotinclence ? Then, what are they prepared to do with
the majority so obtained ? and, also, whether, in the event
of their accepting office, with such a government as is likely
to be composed under existing circumstances, they will have
more vitality and buoyancy than they had a year ago, when
they had twenty or thirty more supporters than they nowhave ?
The Star announces that a meeting of the entire Liberal
party will be held on Monday next, with a view to resolve
upon a course of action which shall test the opinion of the
new Parliament at the earliest opportunity, and which. shall
decide how far the members just returned are willing to
support Lord Derby, or are anxious to see the administra-
tion of public affairs entrusted to other hands. The Star
says the independent Liberals have agreed to ask, not,
perhaps, who is to be chosen to form the new Government,
but what are the materials of which it is to be composed,
and what is the policy to which it is to be pledged. The
Star fully believes that the Government which will succeed
that of Lord Derby will be formed on principles very
different from those which have been cherished with so
much exclusiveness at the birth of all preceding govern-
ments framed by Whig hands.