Northern Times.
Liverpool, Merseyside, England, 1857-11-11 00:00:00

WHOLESALE PRICES.

Ossravz—NO FRONT SHOP.
WAREHoUS.E.UP TUE PASSIVE..

PIZICE LISTS Rift WARDED.

Now Pub!ishing, Price One Shihirl, the
ARC OF PHOTOGRAPHY.
COLLODION PROCESSES—PIU;T:.GRAPIIIC FPI TING.
OUP-DO It PH iTOGHAPIU.
PORIRAITUtt E—sTE REOSCOPIC PH OTOGRAPiIy.
FAILUREs. ANU THEIR CAUSES.
Past Fr e. Four:cell Stamps.

GRIMWADL'S PATENT DESICCATED MILK
MANUFACit
SH:EPCoTE FARM, HARROW-ON-THE-HILL,
Mt uDLESi.X,
Whol,..r“le Agents—
WILLIAM ROBERTS & Co.,
10, COOPER'S-ROW,
LIV i;213 POOL.

EXPORT BRUSH & MAT MANUFACTORY

WALTER MORGAN,
33, &Jura JOHN STI:EET,
COCOA FIBRE MA IrrING, CARRIAGE RUGS, &a.

OFFICES FITTED UP.

NATIVE OYSTERS.
FRMSH D AII.Y FROM LONDON,
BY MAIL TRAIN.
WdITSTABI.F., MILTON, dN D orHERs.
A4rlt. Al()IiIiISH has mach. arraneements this
year for the etaninuous supply of beat NATIVE
OYS and begs to assure Gentlemen wishing to send Oysters
for presents to the country they may always depend upon their
being in good condition, and perfectly fre..k.
Sup or Parties supplied with Oysters, and a compete It oersen sent
to open them.

ORDERS SUPPLIED AT ANY DISTANCE.

N.8.-TURTLE AND VENISON,

MORRISH'SIMERCHANTS' DINING ROOMS,

Lancaster-bt4ldintrs. Liverpool.

A NDERS(,N'S (LATE) SA INSBURY'S SODA
Cl.. WATER M ANI7FAC CORY
AND REFRESHMENT ROOM,

22, EXCHANGE-STAKET FAST.
SUMMER DEVERAGES:
ItUROVED SEIT2L:77 P9voi7RS AND SUPERIOR SCENTED
LAVENDER WATER.
MACKENZIF Svr, SIIDDLEMASS'S CELEBRATED
LIURG II BISCUITS.
THE NOTED ROWLEY BISCUITS.
BARCioY'S STOUr. AND ALI.SOPP'S ALES

TO TOLiAi:CONIoTS, H(11 EL KEEPERS, AND
MIMI&
A Large assortment of BRITISH & FOREIGN
;MARS, well matured, mid not to be surpassed by any other
toutse In the trade, ar the undermentioned
VERY LOW PRICES!!
BRITISH. FOREIGN.
Per lb. Hoz.
ITTBAS
TOODVILLES
7ATRONS
fin. HAVANNAS-12s lit 18s ad
4.1WAL1A5.... 89 6d awl 14. Od
FOREIGN.
.. 3us

Per lb Hoz.
LARANAnAS
EL 1,111?Eit105.... 27s Od
PATRONS 26s Od
NA RAGAS .....••• 253 Od
INGENUIDAD 29. oft
Ist Class CABANAS
2nd CIassCAA4NAS 351 Od

L. GOLDSMITH,
4, ST. GEORGE'S CRESCENT,
LIVEMPOOI"

MONETARY AND COMMERCIAL.

LIVERPOOL Tuesday Evening.

Yesterday a meeting of the shareholders of the
' Baron."' Bank was held in the 13311 rd-room of the
hank, under the presidency of Mr. William
Rathbone, when a resolution authorising the corn_
pany to be forthwith registered under the Joint
Stock Banking Act of 1857, was passed unani-
mously. The meeting adjourned until Thursday,
. the 12. h when the Directors will give a
statement of the affairs and concerns of the com-
pany, and take inta consideration the propriety of
mading up under the provisions of the aforesaid
act, or adopting such other course as may be
deemed expedient. We understand that Mr.
Field, from London, who examined the accounts,
stated that this was the first instance of a bank
being placed in such a position as the Liverpool 80-,
rough Bank, where the Directors were not guilty'
of malpractice. It is gratifying to perceive, irom
what has occurred, that the commercial morality
of Liverpool stands pre-eminent, and that its Bank
Directors conduct themselves in a manner far
different from those of the Royal British, the far
famed Tipperary, and last, though not lease, the
Hastin{.,' Bank, not to mention the "pious"
doings of Sir John Paul, Strahan, Bates and Co.
The folloWing is an official report of proceedings
at the Bank to-day:—
At a general meeting of the company, called "the
Liverpool Borough Bank," duly summoned in pursuance
of the Joint Stock Banking Companies' Act, 1857, and
of the deed of settlement of the said company, for the pur-
pose of obtaining the ascent of a majori-y of the there-
holders of the said company present at such matting to the
registration of the company, under the aforesaid Act, held
at the banking-house of the said company in Water-street,
Liverpool, on the 10th day of November, 1857,
Mr. William Bathbone, chairman of the bank, in the
chair,
Preasnt-103 persons holing 36 651 shares and
proxies were handed in far 37 persons holding 21,887
shares,
It was moved by Mr. J. B Braneker, and seconded by
Idr. Samuel Martin, and careed unanimously :—" That
the Banking Company, called the Liverpool Borough
Bank, be forthwith registered as a Company under toe
Joint Stock Think ng Companies' Act, 1857 "
On the motion of Mr. 11. Killick, see-nded by Mr. A
Dnranto. it was resolved ananimotr-ly :—" That the
ibanks of the meeting are due, and are hereby given to
the Committee of Shareholders, for th it valuable
services, and that they be requesod to continue to render
their assistance." _

On the motion of Mr Brancker, seconded by Mr John
Cropper, it was resolved unanimously : --‘• That the
sneeting be adjourned till Thursday, the 12 h instant, at
two o'clock, for the purpose cf all wing the Company to
be registered in the meantime under the Joint Stock
Banking Companies' Ac', 1857 ; and, upon such registra
tion being effected, to receive from the Directors a state-
ment of the affairs and concerns of the Company, and to
take into consideration the propriety of winding up
voluntarily . under the provisions of the Joint Stock
Banking Companies' Act, 1857, or of taking such proceed-
ings as may be deemed expedient."
(Signed,) WILLIAM RATHBONE, Chairman.
T. SELLAR, Manager.
Liverpool Borough Bank, Liverpool, Nov 10, 1857.
A telegraphic despatch has been received from
Glasgow, which states that a run of no ordinary
kind commenced to-day, upon the Banks for
gold.
The business of the general Produce Markets
has been almost entirely suspended, and in the
Breadstuff trade very little is doing indeed, and
prices must be quoted lower. In Manchester, all
business is at sand still, and it is feared that a
Dumber of the Mills throughout the manufacturing
districts will have to be closed.
In the Cotton Market to-day there was very little
business done, and prices continue very unsettled.
The sales were barely 1,000 bales, all to the trade.
The Liverpool Share Market continues in a very
inanimate condition, and lower prices have been
submitted to. To-day's transactions were as fol-
lows :-Biackborn, 81; Caledonian, 36/, 30; Great
Western, 48. 471; Lancashire and Yorkshire, 90/,
901, 901, 901, 901 898, 801, 89, 90; New Third
Shares, 71 p. , London and North Western. 931. 1
$3l, 931, 94, 931 93),L Manchester, Sheffield,
and Lincolnshire, 301, Mi. 361, 361, 304, 30, 351
Midland, 801, 80*, 801, 801, 80 ; North Eastern,
221. 221; Dovers, 181 18 5-16; Dutch Rhenish,
el d ; Grand Trunk of Canada. 81, 8 9-16 ; Great
Western of Canaria, new, 38, d ; Preston and
Wyre, No. 2, 42; Royal Insurance, 25 p; Liverpool
United gas, 149 ; Magnetic Telegraph. 591. The
weie Ll,c otorsing prices Blaoltburn,
8, 81.; Chester and Birkenhead, 63, 631; Caletio-
niar, 351, 351; Chester and Holyhead, 14, 141 ;
Eastern Counties,lo 5-16, 10 7-16; East Lancashire,
881, 89 ; Do 91 Shares, par 1p; Great Northern,
234, 24; Do. A, 101, 111; Great Western, 471, 471 ;
Lancashire and Yorkshire Stock, 891, 894 ; Do. 0/
Shares, par p ; Liverpool, Crosby, and Southport,
181, 181; London and North Western Stock, 934,
83a ; Manchester, Sheffield, and Lincolnshire, 351,
; Midland Stock, 791, 801 ; North British, 111,
111 ; North Staffordshire, 11, 41 d ; North Eastern -
Berwick, 221, 224; York and North Midland, 38,
381; Leeds Capital Stock, 231, 231; South East-
ern and Dover, 18 3-16,185-16; Scottish North East-
ern, 11. 12 ; BUffalo and Lake Huron, 51, 5* d ; Do.
New Shares, 53, 51 d ; Dutch Rhenish, 04, 61 ;
Great Western of Canada, 16*, 17*; Do. New
:~hares, 31,31 d ; Great Luxembourg, 54, 51; Grand
Trunk of Canada, 81,81.
The Fun Is to day advanced about 4 per cent.,
owing to the great support still derived from the
investments of the public. Iu the Money Market,
however, no improvement is observable To-day
Consols fur Money closed at 881 to 888, and for the
Accounts at 84 to 891. After official hours they
advanced to 891 to' 891.
The London Railway Share Market was dull to-
day at a slight reduction in prices. The following
were the closing quotations :-Caledonian, 71, 72 ;
Eastern Counties, 10 5-16, 10 7-16; Great Nor-
thern, 92, 93; do A shares, 81, 83; Great Western,
471; Lancashire and Yorkshire, 891, 894;
London and North Western, 934; London and
South Western, 821, 831 ; Manchester, Sheffield,
and Lincolnshire, 351, 361 ; Midland Stock,
791, 80 ; North British, 46, 47; South Eastern and
Dover, 001 611 ; York, Newcastle and Berwick,
89, 90 ; York and North Midland, 76, 77 ;
Grand Trunk of Canada, 33, 34; Great
Western of Canada, 171; do. (New), 21, 2*
-After official hours the following were the
nominal prices :-Ca'edoniar, 711 ; Eastern
Counties, 101. 101; East Lancashire, 88, 90 ;
Great Northern 92, 93 ; do. A shares 82, 83; Great
Western, 471 ; Lancashire and Yorkshire, 89, 90;
London and North Western 931. 93'1; Manchester,
Sheffield, and Lincolnshire, 354.36; Midland Stock,
801, 801'-,, ; North British, 404, 474; South Eastern.
an'l Dover, 811. 184; York, Newcastle, and Berwick,
921 921; York and North Midland, 764, 774.
The following were the latest quotations for
Foreign Exchanges :-Amsterdam, short, 11 17 to
11 18; Do. three months, 12 14 to 12 2*; Ratter-
dam do. 12 11 to 12 24; Antwerp de. 25 75 to 25
85; Brussels do. 25 75 to 35 85 ; Hamburg do. 13
12 to 13 14 ; Paris, short. 25 35 to 25 45; Do. three
months, 25 95 to 20 20; Marseilles do. 26 to 26 20 ;
Frankfort do 120* to 122; Vienna do. 10 48 to 10
54; Trieste do. 10 50 to 10 54 ; Petersburg do. 331
to 34 ; Madrid do. 471 to 48.
Several additional failures aro announced.
including that of Messrs. Hoge and Williamson,
a respectable house in the American trade in this
town. But the most important is that of Messrs.
Bennoch, Twentyman, and Riga, of Wood-street,
City of London, and of Manchester. The liabilities
of this firm are estimated at fully 400,0001. The
causes of the suspension are stated in the following
circular to the creditors :-
59, Friday-street, Cheapside, Landon,
9th November, 1857.
Gentlemen,-We are requested by our cleats, Messrs.
Bennoch, Twentyman, and. Itigg, of Wood.strest, in this
city, and of Manchester, to inform you that, in consequence
of the heavy advances they have made upon goods specially
prepared for the American and other markets, for which
there is no present demand, of losses sustained by recent
failures in the manufacturing districts, and of the sudden
depreciation in the value of silk, of which Messrs. Ben-
noch, Twentyman, and B'gg are large holders, they ere
compelled to announce their Inability to meet their engage-

mute
lawns Parrinton, Ladbury, and Co., of King.street,
accountants, have been instructe I by the principal credi-
tiors to examine Messrs Bennoch and Co.'s books, and
prepare a statement of their affairs, which they will 'Unlit

a 8 early as possible to a general meeting of the creditors,
of which due notice will be given to you —We are, gentle-
men, your obedient servants,
RERD, LANGPQRD, AND MARSDEN.
. _

Another respectable 1:01,don hoube hus,stopped,
viz., that cf Messrs Bruadwond and Barclay, mer-
chants, of Idol lane, Great Tower-s'reet.

At Amsterdam, Mr. Ferdinand Gallenkamp,
merchant, in the corn and pros ision trade, stopped
payment on Saturday, with liabilities estimate 1 at
a million of fl3rine, or abcut SO,OOOl.
According to the returns of the National Bank of
Belgium, just published, the metallic stock has
decreased from 2,060,00C1, which was the amount
on the 30th of September, to 1,720,00 C/ The bills
discounted, as compared with the amount in the
previous return, have ;increased neatly 320,0001,
and exceed 4,000.0001, a fact which has only once
before occurred since the bank has been estab-
lished

The Union Bank of London and the London
and County Bank have raised the rata of allowance
on deposits from 8 to 9 per cent., the former
adhering to the terms of their original advertise-
ment, according to which the rate allowed is to be
always 1 per cent. below the Bank of England
minimum rate of discount.

Tne Bank of Prussia has raised its rate of dis-
count from 61 to 71 per cent. A similar step has
been adopted by the Bank of Frankfort.
The steamer Alexander 11. has brought about
2,5001. in gold from St. Petersburgh. This small
sum has been sent in to the Bank.

During the fortnight ending yesterday, the
amount of bills drawn by the Hon.. East India
Company upon the three Precidencies was only
5,827/.

The half yearly meeting of the Sambre and
Meuse Railway Company was held this day. Tht
report of the committee on the coal traffic was read
The chairman, Mr. Richards, said the coal traffic
bad not been entered on without the sanction of
the sharehol.ders, From the accounts of the half
year, it appeared that the receipts were 29,9011.
59. 3d., leaving a balance of 16,8481 15s. 31. to be
carried forward. After some dismssoin as to
working agreements with the Louvain and other
companies, the report was adopted.