Northern Times.
Liverpool, Merseyside, England, 1857-06-30 00:00:00

THE NORTHERN TIMES.-LIVERPOOL, TUESDAY, JUNE 30;;. 1857.

THE CONSERVENCY BILL. MONETARY AND COMMERCIAL.
- --
TO TRZ EDITOR OF TEI NORTHERN TIMES.
Liverpool, June 29, 1857. LIVERPOOL, Monday Evening.
840---Truth, when administered as a medicine, The Liverpool Cotton Market was very quiet
qeterally found to be unpalatable and nauseous ; to-day, the sates not exceeding 5,000 bales, all to
Is often, nevertheless, locessary that the dose the trade. Prices were, however, very firm.
°lllcl be' swallowed, in order that a better state
thin COTTON BTATEMENr.
8. ga may follow.- (From the New York Shipping List of 17th June.)
lr James Graham has administered to the
'rPoratiou of Liverpool a dose, which, if not alto- Exports to Total Stocks and on
tiler made up of truth, was certainly not given. Receipts. Great clearances Shipboard.
Oh honmeepttthic principle. But is there no good _ Britain.
.)e derived from the application ? I think much. 7857 2,859,000 1,305.010 2,040,000 260,000. --
't 41 true, that the vanity• Of our Town Council- 1856 3,402,855 1,746,274 2,689,163 272,562
8. lE'- shocked at being told that a miserable petty- 543,855 441,274 -
,„
''Y pursued by them for their own benefit, Deer
rncr:
• • • •• •

TO TRZ EDITOR OF THE NOWITIZRN TIMZEI.
Liverpool, June 29, 1857.
L„
—Truth, when administered as a medicine,
generally found to be unpalatable and nauseous ;
k 18 often, nevertheless, wessary that the dose
111,1 d be swallowed, in order that a better state
Rir ingS may follow.
James Graham has administered to the
I,poratioti of Liverpool a dose, which, if not alto-
-I'her made up of truth, was certainly not given
hornceopathic principle. But is there no good
Ts derived from the application ? I think much.
tt i 8 true, that the vanityof our Town Council-
Ls
is shocked at being told that a miserable petty-
key pursued by them for their own benefit,
der as .warehouse owners, or shopkeepers, has
:arted, rather than promoted the interests of
Port of Liverpool. It is also true, that the
itk r. infalibility of our lawyers has been sadly
ent by being told by the House of Commons,
54' they have often heard with a sneer
17° more humble members of the community,
11Parr Parliament could and would exercise a con-
inq influenle over the town dues, without in
WaY seeking to abrogate them. It is further
that it is extremely distasteful to all those who
content to be taught their duty as councillors,
'then. than think for themselves; tbat all the warn-
-5 they have received and neglected have now
ight down the penalty foretold. But cui bono,
°le, reflections ? Again I say, much. Let one
truing voice at least be heard respectfully, but
th
4,-estlY, entreating our councillors not further to
CBO the will of the nation.
gO are offered terms for our town dues, equal
be relieved
value to two millions—nav more, we are
relieved from spending £20,000 per annum
rto defenfl them, and this is equal to half a
sco, and after all, the dues are to be levied and
t,r in the port of Liverpool. Where is the
bbAhip?--if any—it is on the Dock Committee
compelled to accept our liabilities in return
'n. uncertain income.
t
Is now or never. We may stave off the
ter
until another session ; but, if we do, never
in shall we be offered the £750,000 compensa-
which is now only' tendered to abate opposi-

The Liverpool Share Market was rather firmer
to-day, the transactions reported being as follows :-
Birkenhead, Lancashire, and Cheshire, 704; Lan-
cashire and Yorkshire, 1001; London and North
Western, 1031 c, 104, 31; Manchester, Sheffield,
and Lincolnshire, 444, y ; Midland, 834 ; North
Eastern, 23; Dovers, 221, I. 4 ; Grand Trunk
of Canada, 144, I. 7-16, 4, 5-16, 4 ; North Union
A, 224. The following were the closing prices :-
Blackburn, 7 13-16, 7 15-16 ; Chester and Birk_
enhead, 704, 701 ; Caledonian, 31, 371 ; Chester
and Holyhead, 184, 181 ; Eastern Counties, 118,
114 ; East Lancashire, 961, 974 ; Ditto £9 shares,
13-16 p ; Great Northern, 244, 244 ; Great
Western, 648, 641 ; Lancashire and Yorkshire
Stock, 1001, 1008 ; Do. £9 shares, 1, 1 1-16 p ;
Liverpool, Crosby, and Southport, 194. 194 ;
London and North Western Stock, 1034, 104 ;
Ditto one-eigthth shares, 3-16, 8 d ; Man-
chester, Sheffield, and Lincolnshire, 441, 441 ;
Midland Stock, 834, 831; North British, 104, 101 ;
North Staffordshire, 44, 44d; North Eastern-
Berwick, 23, 231 ; York and North Midland,
351, 354 ; Leeds Capital Stock, 224, 22 9-16 ;
South Eastern and Dover, 22 7-16, 22 9-16 ;
Scottish North Eastern, 124, 124; Buffalo and Lake
Huron, 31, 31 d ; Ditto New Shares, 3, 24 d ; Dutch
Rhenish, 3, 21 d ; Groat Western of Canada, 214,
22 ; Ditto New Shares, 1, 11 p ; Great Lux-
embourg, 11 5-16, 11 3-16 d ; Grand Trunk of
Canada, 141, 14 5-16.
The details of the news per the Overland Mail
has not led to any recovery in the Stock Exchange
The market for the public funds and securities was
very dull, and a further decline of per cent. must
be noticed in Consols, which closed at 924 to 921
for the account, and for money at 924 for the
opening. Exchequer Bills were quoted at 10 dis
to 2 dis, and the new Three per Cents at 924 to 921.
In the London Railway Share Market there was
not much business done to-day, and prices are
hardly so firm. The following were the closing
quotations :-Ambergate, Nottinghain, and East
Junctiou,s 4, 51 ; Caledonian 741, 75 ; Edinburgh
and Glasgow, 62, 64; Eastern Counties, 111, 11.4 ;
East Lancahire, 961, 974; Great Northern, 984, 991 ;
Ditto A, 891, 901 ; Great Western, 611, 614 ; Lan-
cashire and Yorkshire, 1001, 1.001 ; Leeds Northern,
444, 454 ; London and North Western, 1031, 1034 ;
London and South Western, 1014, 1011 ;
Manchester, Sheffield, and Lincolnshire, 444, 444 ;
Midland Stock, 831, 831 ; North British 434,
44 ; South Eastern and Dover, 744, 75 ;
York, Newcastle, and Berwick, 92, 93 ;
York and North Midland, 704, 711. After
official hours the following were the prices
paid :-Caledonian, 744, 741 ; Eastern Counties,
11 9.46, 11 11-16 ; East Lancashire, 961,
971; Great Northern, 984, 991; Ditto A, 90, 91;
Great Western, 644, 644 ; Lancashire and York-
shire, 1004, 1004 ; London and North Western,
1031,1034; Manchester, Sheffield, and Lincolnshire,
444, 441; Midland Stock, 834, 831 ; North British,
43, 431; South Eastern and Dover, 744, 741; York,
Newcastle, and Berwick, 92, 93 ; York and North
Midland, 764, 714.

Do.
Co
Ltretincillors and ratepayers, once more you are
Q ted to take warning, and be guided by the
hilg of the times.—Your subscriber, H. C. B.

TO THE EDITOR OF THE NORTHERN TIMES.
it Observing in your leader of to-day stric-
-14,-B°4 the conduct of Sir James Graliain, with
it et to the Mersey Conservancy Bill, and that
Netherby baronet taking his cue from Mr.
Itt'e. I now make bold to inquire whether you
%enlighten one who is comparatively a stranger
id: land of his forefathers, HOW this ci-devant
>14611' attorney, better known then by the
ilguet of "White-headed Bobby," has acquired
ttDlver to bias the mindi of men against one of
"t important ports in the world.
lii4enPle in New South Wales cannot account for
%itgentleman's sudden rise, and especially the
10441°11 he holds at present in her
.Majesty's
Nillls---ono who, but a few yeas since, was an
telfe.tY practitioner at our Police Court. I am
N4t'voare that a prophet hath no honour in his own
41'9, and this saying may most appropriately
at bPplied to Mr. Lowe.—l have the honour to be,
i,,.11r obedient servant, A NATIVE OF SYDNEY.
"4 June, 1857.

Q.IT,„
tq
--ktFUL ACCIDENT ON THE NORTH KENT
RAILWAY.

V al,_ --
4-At half-past ten on Sunday night, while an up-train
ti:toPping a short distance beyond the Lewisham
4, a train from Maidstone came up suddenly and
14 in the stationary train. The break van of the
ii4e4l
Stil tone train was forced on to the top of the last third
tta ledge. The forward train was completely wedged
titta'" It was some time before the unfortunate passen-
tr ieetlold be extricated. The number of passengers more
04448, injured amounts probably to thirty. Another
pe b' Say; the lives of no less than twelve passengers
0411 . Pallsacrificed, and nearly forty persons are more or
~,
1 —Jure&

The General Produce Market remains inactive,
with the exception of Tea, which is in good demand
at ordinary prices.
At the London Corn Market to-day trade was
very dull, and to induce purchasers to operate
lower prices would have to be accepted. The India
news has caused a lull in the Manchester market,
but the German demand is increasing, and with
the reduced stocks prices are hardening.
By the Overland Mail we have commercial ad-
vices to the 26th of May from -Bombay. The
Money Market had become very much tighter,
and the Banks had raised their rates of interest
three percent., viz., to eigbt to ten per cent. The
Import Market, with the exception of Yarns, was
dull, and a slight decline may be noticed in prices.
Cotton was easy, and Opium had declined. Freights
exhibited a downward tendency, owing to abund-
ance of tonnage, 42s 61 to 45s per ton was the rate
current for either Liverpool or London. Exchange
had an upward tendency. At Calcutta, on the 15th
May, the Money Market was easy, and promised
to continue so. Government Securities were in
good demand. In imports a fair business was
doing, and prides were firm Metals were inactive.
In export goods there was very little doing, conse
quent upon 'nigh prices, and a limited supply of
tonnage.
The letters by the America, were delivered this
morniy.g. The New York Money Market was
steal y, and even lower rates had been accepted for
loans on call. The Stock Market was advancing.
9,terling Exchange had not been so active as pre-
viously, yet a large quantity of specie was shipped
by the America, that vessel bringing 1,237,125 dols.
In Cotton there was rather more doing, and prices
had advanced about ec per lb. Brcadstuffs
were dull, and the demand for Provisions was
slack at declining prices Naval Stores had
declined. Metals were dull, and freights rather
easier.
The traffic returns of the Grand Trunk Railway
Company of Canada, for the week ending June 6,
show receipts of 9,679/, against 4,661/ correspond
ing week last year.
A further extraordinary advance took place on
Saturday in the price of Y. C. Tallow, "on the
spot," and for delivery at the end of the present
month. Some of the parties who have sold
tallow for this period are unable to deliver it, and
are compelled to purchase it at almost any price that
the operators on the other side may choose to ask.
Meanwhile, the price for delivery at later dates this
year is still 12/ or 131. per ton below the quotation
for the 30th inst. The speculative movement now
witnessad is a repetition of that which excited so
much attention a few weeks ago.
The province of Wellington, Now Zealand, is
endeavouring to borrow in the London market two
sums of 50,0001. and 25,0001. respectively, on eight
per cent. debentures. The negotiation is in the
hands of the Union bank of Australia. The
deposit is to be 25 per cent.
The London agency of the Commercial Bank of
Canada advertise a half-yearly dividend at the rate
of eight per cent. per annum.
A special meeting of the South Australian Bank.
ing Company is called for the 10th of July, to con-
firm the proposal for increasing the company's
capital from 300,0001 to .400,000/.
The Master in Chancery charged with the wind-
ing up of the Bastenne Asphalte or Bitumen Com-
pany proposes on the 2nd of July to make a call of
701. per share on the contributories.
The half-yearly interest is advertised on the
obligations of the Great Luxembourg Company.
The market forhome Mining Stocks remains fiat,
additional dullness being induced by the fortnightly
settlement. The only transactions reported in the
Stock Exchange are in Great South Tolgus shares at
161, and Wheal Edward at 61. In foreign descriptions
no alteration has taken place. A special meeting
of the Esgair Mwyn Mining Company is called for
the Ist of July, to confirm the resolutions passed
at a meeting of the 11th ult. On Thursday last
the Derwent Mining Company declared a dividend
of 10/, per share, and the Isle of Man Mining
Company a dividend of 11. per share for the three
months.

FURTHER PARTICULARS
US that while an up-train was stopping a
Pak stance,. beyond the Lewisham station, a train
LIN 14idstone came up suddenly, and dashed
it the stationary train. The break-van of the
day "Poe train was forced on to the top of the last third-
beceairiage of the forward train, and was completely
toed C—ta, to it. Dr. Roberts, of Sydenham, who happened
the only surgeon in the train which caused the
Noll 4 gave every possible assistance to the injured
141.40118. It could not be exactly ascedained how many
ifte were killed, but Dr. Roberts inf,rmed our reporter
VD.4„6 eavi three women and one man dead. The number
''fie more or less injured amounts probably to 30.
Ithiei3 are two cases at Sr. Thomas's Hosp:tal. A train
'%a,l arrived about one o'clock in the morning at the
°e-bridge-station brought seven or eight persons, who
tak
h en to the hospital, and a succeeding train in about
d. ht
after, brought several more. Some of these
ittlif:gere were so much injured that they gave no sign
44 It was stated, but we do not know if the statement
‘ll:l!reet, that the train which was run into did not exhibit
%ATI., and that no signal had been made to denote that
titspi Was a train stopping between the Blackheath and
Bilani stations.
It j-ny British and Irish Magnetic Telegraph.]
has been ascertained that eleven persons were killed,
Hoofy others are so seriously injured as to rende-2
y almost hopeless. The engine struck the brefik-
p.it the stationary train with a force so great , that
ti uted the ponderous machine off the !PA's to
phevel with the body of the next carr.age, an
a third-class filled with passengers, slow, which it
biallt, doubling up and crushing to death, or
Oiously injuring all the occuPitatr,. Perry, the
hrav of the train which ran into the otb,er is in custody,
tt,,,,,°nght to have pulled up before raaching Lewisham
C,? e, as the " danger" signals were up. The clerks in
tr`ge of the telegraph signals 7 the Lewisham and
heath stations are said to kayo neglected their duty.
Ititi?lig the list of killed are,
(13‘Nrife and child 13' Alinger, carpet-bag maker,
pmers); Mrs. Wilcox
; Hor.atio and Charles Turner,
and sister, late of :Walworth ;
Franklin son of a d,,:esser,
others not yet ide-stified. at St. Thomas's Hospital.
ry the driver, and Wiggin the fireman who had
ti:lgiven into cu,
ttue, at the stody, were brought up yesterday after-
to :4manary P'reenwich Police-court, and after some
evidence, the further hearing was adjourned
`O-raorrord (Wednesday).

Tae CALIFOIMIAN Parr.—The everlasting question c f " is this
good pen" has been answered by Mr. E. T. Hall, of South John
street, who has succeeded in producing a metallic pen, which he
designates, not inaptly, as above. There is hardly anything more
annoying than a had pen—every one knows the misery. The pen
made by Mr. Hall, is fit for any hand to use (light or heavy), and
what is of the greatest value, it does not corrode, but will work with
equal facility in any ink. From experience of metallic pens, we can
say that this one, which is polished as gold, and will last nearly as
long, is the best one we have ever used,—Northern Times. One
box, containing six dozen pens, sent tree on receipt,ef 2s 6d in
postage stamps, Agents wanted for the countryc—ildrc