Northern Times.
Liverpool, Merseyside, England, 1859-06-01 00:00:00

COMMERCIAL.
De fresh rise established to-day in the Funds amounted
re,ii. Per cent., making 1 per cent. in two days, and a total
untuid of nearly 5 per cent. from the lowest point
ruched during the panic. Most other classes of securities
IParticipated to-day in the upward movement. AmOngst
e considerations which assisted the rise to-day was an
Impression that the Austrians are getting the worst of the
f
i; struggle, and that an early and general advance of the allied
rees is probable. The improvement established in the
8 °reign Exchanges, at a moment when gold is flowing in
iVreely from RUssia, Turkey, and the United States,
dependently of the remittances again becoming due from
ustrlaia, likewise operated on the favourable side. There
Were no bullion, operations at the Bank to-day. The gold
:rivals from St. Petershurgh to-day amounted to £89,000,
nearly the whole of which is expected to be taken to the
more
The Foreign Exchanges, this afternoon, were
re favourable for this country.—Daily.Yews City Article,
Tuesday Evening. 5
4; he English funds opened this morning with undimi-
cl firmness, and ultimately experienced another im-
r'eyenient of I. There was no news to excite attention,
sPeenlation is ormant. The savi£2oB,ooo bypngs' banks
the
m--
elses appear to havde ceased. Of the v£208,000
£l4O 000 has arrived in London, and been taken
r
to
t e Continent ; the remainder being on French account,
VIIh go to France, direct from Liverpool. In the Foreign
hb.leliange this afternoon the rate on Hambnrg was slightly
'egher. During the month just ended, the move most in
established
has been entirely upward, and an advance has been
:?'ablished of 3 and 3-4th per cent, although scarcely a
4ngle fact has transpired to alter the political affairs. The
tressure of unemployed money in the market seems to have
?n the sole influence in operation.—Times City Artiele,
tBday Evening.'
tO he Bankers' Magazine, in reference to the prospects of
the Money market, says the expectation seems to be that
e value of accommodation will, for the present, be corn-
arativelv easy, but that subsequently an increased demand
11 arise, which may even carry the rate, towards the
elo
se of the year, above 4 or 5 per cent.
st4AlLwAythere Was NEWS.—In the market for English Railway
C'ek on Tuesday a fuether advance of to
or cent. The purchases by the public continue, although
aleas extensive scale. The remarkable fall in the shares

Z„t}ste -Ceylon Railway uompany
7"„ vis are felt as to the possibility of its being constructed
4111 the limit of tlir eanitni

guarantee

health,
Florence NiB
hia,
(th, but the _Advertiser contradicts
entered a convent.
General Sir Harry Smith, commanding the nor._
midland districts, will resign his command in September
beltt.

is in a precarious state of

the report of her

hem an,

. .
hall;e Queen h
o
held a ort n Tuesay. Te Earl Of Ein
audience upoCnu his returnd from China . - ViScOulgnt

Constantino
TgE QUEE
1414ounees that th
Will be moved by
T

de ttedc

SPEECH.—THE ADDRESSES. —The Times
-tddress, in reply to the Royal speech,
lion. Algernon Egerton, M.P. for

Plinistone,'
ALP for Port.
L 13e. LethlY the Medical Officer of Health for the City o
o - _

;,3s, nOtwith:
`ltaistakable
gently than last year

the eat

qv wrio

t tile ye

symptoms of offensivem

;s, and more pun-

'4IE LATEST TELEGRAMS.

THE WAR IN ITALY.

TRE BATTLE OF PALESTRO.
OFFICIAL BULLETIN.
TURIN, Tuesday, May 31.—The first details of the
"tie at Palestro, have arrived here.
The •enemy was entrenched at Palestro, Calasino,
Vinzaglio, but after an obstinate defence, our
14°°Ps carried the entrenchment at the point of the
1_
'Met with admirable bravery, took two pieces of
411. anon, and many small arms and prisoners.
The loss of the enemy was very great, but the
eltent of our loss is as yet unknown.
Vercelli was yesterday evening illuminated.
The Emperor traversed the streets on foot, and
the town was en fete. •
The King passed the night at Torrione among
the encamped troops.

-........dbm.

AUSTRIAN DESPATCH.
VIENNA, Tuesday.—The Emperor arrived at Verona
/esterday evening, at six'o'clock.
Majesty is received everywhere enthusiasti-
-4,11v.
The official bulletin published to-day, mentions
the,llow Commencement of the fighting at advanced posts
40
Palestro, and adds that a report of the result will

PROGRESS OF THE WAR.
dA-VSTRIAN HEAD-
-nCh still d

QUARTERS, GARLASCO, May

5.---~rh

.y any general offen

nient, a good

ersons. They are, how Over,
ire quite prepared, and have

ted consid

crable store

at-Alessandria, Tortona, or
id, as I

„"44e, -other central position. On Sunday, to
Zrined you in my last letter, the Piedmor.'
tr a near Vercelli, an were driven
h_e French sent a strong party across the Sesia near Candia,
v!'clbalo ' twofold intention of reconnoitring and of
gams. It retired after a short engage-
ots have now daily skirmishes, and officers

rossed the
sck. On Monday

v with t
e Austi

41,trtn,u
I,llellt.

here
11411frarian hussais, who
ken?

wing very uneasy at the recklessness of th
1,-.smse their enemy, the Pied

)out forty hussars were

ay by a Piedmontesc

Patrol
that the
explain ti
General
pushed on too
which brought
superior force.
110111(1
e

taken prisoners

Turin newspapers assert

istrians wear no clothes you will

statement

Trban was blamed for too great ardour having
It was this impatience

id too fast

the small body unsupported in face of a
Count Stadion's orders were that Urban
Ides by the main road from

cr the mountains on 1
nt-General Paumgarte:

F°3 parties of J

lt) operate with tl

16 of General Bits against

a, a smal

sad, and Wi

ast Robec

irected.