Northern Times.
Liverpool, Merseyside, England, 1859-07-02 00:00:00

THE WAR IN ITALY.

At Paris there is an impression that the severity
of the losses on both sides in the war will' increase
the prospects of any pacific diplomatic intervention
that may be contemplated.

The Paris correspondent of the Post telegraphs
that the King of Sardinia has refused all dictator-

ship or protectorate in the Pontificial States, and
will confine himself to sending officers charged with
the maintenance of good order, and to satisfy certain
exigencies of public opinicin, without in any way
with the rights of the Pope.

interfering

THE EMPEROR OF AUSTRIA

• The Times correspondent at, Vienna telegraphed
last night, (Friday) that, the Emperor will probably
stay iti Italy. The Minister for Foreign Affairi has
just left Verona. -

FINANCES OF THE SMALL GERMAN STATES.
The Times states the house of Rothschild, at Frank-
fort, has taken a new 5 per cent. Hesse Darmstadt
loan of 3,000,000 guilders at 93. The Grand Duchy
of Baden is also about to issue 2,000,000 guilders of
4 percent; Railway Bonds at _

DESTRUCTIVE FIRE

AT BELFAST.
Last night, about nine o'clock, a fire broke out in the

flown as

ictoria-

chambers, desiroying prOperty to a vast amount, leaving
bare walls.' The cause at present is unknown, but supposed
to have originated near Tomb-street.

At two o'clock this morning the fire was still raging
furiously with no apparent hope of its abatement.

COMMERCIAL.

.The Funds opened with 'a strong appearance, owing to
the continued rise on the Paris Bourse, the favourable
revenue returns, and the declaration of neutrality reiterated
by ministers. After attaining a fresh rise of If per cent.,
however, Consols became dull in the afternoon, and the
last' quotations were k per cent, below those of yesterday.
In the other departments of the Stock 'Exchange the
late rise is very well maintained. In the Discount
Market the choicest paper was taken at 21 per cent.
Preparations are now bem,, made for the bills maturing on
the 4th (Monday). A further sum of £20,000 in Australian
gold was taken to the Bank to-day. A fresh parcel of about
£40,000 in Rusiian gold came to hand, and .was, taken for
transmission abroad. Daily Hews City Article, .Friday
Evening.

The English Funds opened this morning at a •fresh
improvement of 4- per cent., .and have remained without
further change to the close. In the Di'Scount Market there
is considerable activity, and the applications at the Bank
have again been rather numerous. In the Foreign Ex-
changes, this afternoon, there was no alteration of
importance from the rates 'of last post. The Railway
Market has been firm in character, although in the more
speculative British Stocks a slight re-action has taken place.
In the : Foreign Exchanges this afternoon there was no
alteration of importance from the rates of last post. The
Railway Market has been firm in character, although in the
more speculative British stocks a slight re-action has taken
place. The united kingdom aggregate traffic shows an
increase of £28,550 for the week ending June 25. There
was no change of importance in American' securities. The
Colonial Produce markets during the week have been
rather (lull. Monday's steamer for India and China will
take out £202,000 in silver, and 41,461 in gold.—Times City
Article, FridaY Evening.

The standard of• recruits for the Royal Marine, Light
Infantry has been reducedfor growing lads of eighteen to
five feet four inches.

On Friday, a grand dinner was given, at Brooke's; to the
Bight Hon. Sir H. G. Tiayter' M.P., by the independent
liberal members of the House of Commons, on hiS retirement
from official life.

THE NEW AUSTRALIAN MAIL LINE.—The to 'for the
Panama route were delivered on Friday. The Peninsular
and Oriental Company has not tendered, but the Royal Mail
Company has. The results will not be known for several
days.

OXFORD UNIVFRSITY ELECTION. Friday being the
final day, was chiefly for the polling of the residents. Mr.
Gladstone's majority again rose steadily throughout the day.
-He has polled twenty-eight votes more than at his last
contest in 1853, while the Opposition have polled thirty-
nine votes less than on that occasion.