Northern Times.
Liverpool, Merseyside, England, 1859-05-14 00:00:00

SECOND EDITION.

NORTHERN TIMES 'OFFICE, SATURDAY,.)

COMMERCIAL.

As usual of late,' the Funds experienced a rise of L to ?4-
per cent. in the morning but the fall in the afternoon was
unusually heavy. At four o'clock Consols were quoted
about one-eighth per cent. worse - than at the same hour
yesterday. Austrian Stock fell 31 per cent. to-day on the
Amsterdam. Bourse, and Dutch one per cent. At
Paris, the Rentes closed at a fall of ti per cent.
The supply of money is so large that little difficulty is
now experienced in procuring accommodation upon unex-
ceptionable bills at a reduction from the Bank minimum.
There were no bullion operations 'at the Bank to-day.• The
advices from Germany announce further mercantile failures.
The wheat market to-day was firmer, at a recovery of 2s to
3s per quarter from last Monday's fall. Yesterday and
to-day the arrival' of no lesi than thirteen vessels from'
Australia has been announced. They bring a large quantity
of produce, consisting of wool, copper -ore,bark, gum, &c.—
Daily News City _Article,' Friday Evening.
The English Funds opened this morning at a recovery of
per cent., and subsequently experienced a further adVance,
which was not maintained. Although there was no confir-
mation of the rumour of any local outbreak in Turkey, the
news that the agitation lately fomented in the various
provinces is rapidly increasing, seemed nearly as' unfavour-
able, and the continental advices generally were' not of
a re-assuring character. In the Foreign Exchanges, this
afternoon, there was no alteration of 'importance from the
rates of last.post. In the Corn Market, this Morning, there
was an upward tendency to
,higher prices. No gold was
taken from the Bank to-day. As' fast as the AuStralian
and American supplies come to hand, they are for the
Continent. Large purchases of silver have also been made
for Hamburgh. The Colonial Produce Markets, during the
week, have been inanimate, 'even in articles likely to be
influenced by the war, while the political uncertainty
prevents consumers from making large purchases. The
public tea sales Commenced to-day, and a fair proportion
was disposed of at better prices than was expected. Black
leaf congous and scented teas were cheaper. The railway
traffic for the week ending May 7th, shows an increase
over last year of 32,150.—Times City Article, Friday
Evening. .

On Friday, Whener and his accomplices, in the 'great
forgeries recently perpetrated in London, bankers, were
convicted, Sentence was deferred.

In general orders from the Horse Guards, commanding
officers are directed to send their bands and drums to oue
`of the nearest towns on all market days, Or On such other
occasions as may lead to a concourse of people, for the pur-
pose of raising recruits.
THE NEUTRALITY OF ENGLAND.—The Star argues that
England, by declaring her neutrality in a struggle, the only
avowed object of which is a violation of these treaties, gives
the treaties up altogether. The proclamation of nentrahty
in Friday night's Gazette may 'be accepted as a confession
that the treaties of Vienna are not worth fighting about.
EUROPEAN SHIEPING UNDER THE AMERICAN FLAG.'4—
The Times points out, althOugh the statute law of the
United States precludes altogether the possibility of
registering European ships under the American flag, it will
be quite practicable to place such vessels under that flag by
a bill of sale drawn up by the American Nasal, together
with a certificate that she is owned by an American citizen.
She will then get the protection afforded by the United
States Government, remaining, with regard to tonnage dues
and all 'similar conditions, under the liabilities common to
any foreign vessel. Should England become involved in
war, it is probable that increased latitude might be given,
by special acts, to facilitate the granting even of a national
registry.