Northern Times.
Liverpool, Merseyside, England, 1857-12-03 00:00:00

STATE OF THE COUNTRY.

ttli 114 COMMERCIAL FAI LURE B.
snsPension was announced yesterday of Mean.
411
Cu and Co., of Londan and Liverpool, a
b"e and well-known house, chiefly engaged in the
: trade. The liabilities are estimated at about
'4,l3°' and the prospects of the liquidation will ultimately
tc 4POII the realisation of the stock of cotton in haLd
amounts that may be recovered on bills held upon
he
hai"se'• The firm hope to make such arrangements
L, enable them to resume. Annexed is the circular
:,

11,. Mark-lane, ki
n- lfaonrem, y
titwith the depest pain we hlB Dec.
th
t a t,
iiceiduence ofe very severe and sudden losses, we are
s h to suspend our payments.
ate Placed our books in the hauls of Messrs.
; Ball and Co., with instructions to prepare a
4t of our affairs, and submit the same to our
to, as soon as practicable.—Respectfully,
tis „„ BERMANN COX AND Co.
""sPension has also been announced of Messrs.
4sd
ft, Beer and Co., mercbants, connected with the
,000.4 and continental trade, with liabilities for about

d, THE CRISIS AT HANIBUROH.
appears
dated
.llamburgh, the Ist of December,
rlh:PPears in all the Paris and Belgian papers, says :
tikil'eelaY 20 failures of important houses have been
-esilcod here and at Altona. There is a general penic.
brokers have failed. The Bourse is in dismay.
,11dise and scrip are without any fixed quotation.
are discounted."
ittssas. ROSE, HIGGINS, AND ROSE'S AFFAIRS.
411 serous meeting of the creditors of this firm was
4t Wolverhampton on Monday afternoon. A state-
, the affairs of the concern was read, and a balance-
*la Submitted from Mr. Percival, accountant. It
the total liabilities to be £72,501 lOs 23 ; of
£44,473 was on acceptances, The assets were
d at £29,417 15s 101; so that the deficiency was
43 133 41. The good debts stood at £5,438
' and the bad ones at £6,216 163 4d. The
itef
a "property" was £23,986 143 sd. Mr. Stubbs,
ead -
the statement and balance-sheet, proposed a cern-
ih4 of 63 81 in the pound, 23 to be payable in Apti',
.4ogust next, and the remainder in February, 1859.
t:at°4 discussion, the proposal was declined (it is
in 73 61 was expected, without such delay with the
; and ultimately it was decided that the
. 40011 be wound np under bankruptcy, and that a
kialger should be applied for to take possession. It
• ks ° ageed that the household furniture of the head
Itiakta should be left untouched. A proposal to wind
assignment and inspection failed, no one being
14 to undertake the responsibility. The members of
till, have obtained protection under the private arrange-
%uses of the Bankruptcy Act.
04 MEETING OF HA/CD-LOOM WEAVERS.
1141. °4day, a deputation of hand-loom weavers waited
8 Worship the Mayor (hie M ickie, Esq ), at the
ti;11411, Maneester, in order, as they stated, to bring
notice of the Mayor, the great distress which now
elliong the class whom they represented. The
e-
assured the deputation that he deeply regretted the
1
Which he believed they were suffering, and that he
earamanicate with the guardians of the poor
"? the representations that had been made to him,
kligeggest that the guar Hans should be prepared to deal
tally as the law would permit, with the applications
ht
tter, which would probably be somewhat frequent
degatt
?otattime to come. At the same time, he cautioned
ion against supposing it necessary, when they
kit to make any representation to him, to come down
1Z)41:1-hall in large numbers, as any display of that
'4lll be rather calculated to interfere with the
0 of the mission. The deputation thanked his
1), and withdrew. We have heard that an open-
4.
.„t leg had been held in Stevenson-square, at which
44 Potation was appointed, and that a large portion of
Nil4ltx!ing attended the deputation to the Town-hall,
Withttllttd oteside to learn the result of their interview
0 ‘4sief magistrate. The number of outsiders was
Iktintereased in cons:quence of a bellman having been
tiopa some parts of the city to announce that a depu-
's3 going to wait upon the Mayor. After the
' the members of the deputation told the crowd,
saferteps of the Town-hall, what the Mayor had said;
detigiving three cheers (whether for the Mayor or
es,tlt4tlaa was not clearly understood), the crowd

11:4114Itv OP TIER UNEMPLOYED IN MACCLESFIELD.
I 84 trade shows no signs of improvement, but
mthe reverse, and there is less employment in the
tieg4u at this time last week. At the weedy meeting
relief committee, on Wednesday last, the distri-
tlikt,de application for an additi nal supply of tickets
pe'bution, which was granted to the extent it was
t The funds would a'low, though not to the extent
4,4tessities of the poor called for. The weekly distri-
-4P to Friday night was-1,992 quarts of millr, 7,720
kik (7,. 80op, 1,280 packets of tea, 24,613 rations of
tt~Rc. The committee regard the coming necessity
Ni,,lP3ing coal with much anxiety, fearful their funds
bear that additional outlay. They have almost
iltZleiPated in their desire to open a subscription for
object, by a very handsome donation from
Ilibbert, of Hare Hill, in addition to a liberal
to the relief fund. Another meeting of the
N°3'ed operatives was held on Thursday morning, to
hittettll)°,l the proceedings of the working men's com-
ittit YU a report of a deputation to the guardians was
itt4a, and the financial position of the c-mmittee
4ttlittti. It was shown that the increase of applic ;lions
tr Was cotemporaneous with the extension of short
e°rlaplaint was made of the distribution of soup
tm°se partially employed receiving as many as
:°IIY out of work, and the funds becoming nearly
lk ,"s:ed. Instead of the present daily distribution of
,tickets, 5,000 would not adequately meet the
itehrit. At the board of guardians the deputation
ttl.lPut in communication with an inspector from the
Board, ti whom they reported that, lying
(141'1(I to sedentary indoor occupation, breaking
Id:4 the road was too severe a labour ; but they
t'bat Object to agricultural labour, judicially intro-
, lighter work at first. For those unable to do
(ileet,"tir, oakum-picking was suggested ; and the
oko, Promised to represent tbeir desires to the Poor
:41. The only resolution adopted was one of
Otti those who had contributed to the relief fund,
Ilkt,t their continued, and, if possible, increased
-**-11-acelesfield Courier.

Ye% SOUTH STAFFORDSIIIIIII.
%:eCitiellee of the stoppage of the Wolverhampton
lii "dshire Bank, several of the shopkeepers and
kttptiiracturers, who had depoei's or balances in the
he'etetofore available for carrying on their business,
‘l/ts:rti compelled to close their doors, and a great
Oftfli e 41. e mc, alcin arrangements to take the benefit of
killtdi;tte" Act. In a week or twn it is expected that
Itillitittlbte" will prevail in the torn' in consequence of
laetricf hands that will be thrown out of employ-
'ilia district there are at least two doz 3n furnaces
lh-4FI and this numb'r will be doubled before the
4 "er.
° 1/ •
ii°itit°ll-I°.wing iron and coal masters are gradually
04. etr establishments :-
4r tulin'ton C Wolverhampton.-300 men
ter/. omp •j,
LV Pitt W
Netoss44-4) Dudley.—Several furnaces stopped, coal-
1d by 2nd men noticed that their wages would be
ItP.ll 0 Per cent.
deers Dudley.—Two or time furnaces blown out
t. n, Dixon's Green, Dudley, is putting out his

Lt. 8
. 131ackyre11.—Notice to men of a reduction of 20

per cent. on their wages, and that others will be put on
short time.
Woodall and Smith, Windmill End, near Dudley, are
putting out their furnaces.

Mr. Cochrane, Dudley, has discharged about 100 men
within the last month.

British Iron Works.—Three furnaces blown out.
Mr. Jones, near Walsall.—Three furnaces blown out, and
eleven pits stopped within the last three weeks.
Hatherton Furnaces.—Two about to be extinguished.
Mr. F. C. Perry.—One furnace stopped at Ringhead.
Morris and Son, Tiptoe.—Stopped payment on Wed-
nesday last. Works expected to close.
Rose, Higgins, aid Rose.—All works on