Northern Times.
Liverpool, Merseyside, England, 1857-10-05 00:00:00

It is hoped that Mr. Field's suspension will prove temporary, '
as it will, no doubt. be wholly unexpected to himself. The
failures referred to affected Stocks yesterday more than the
Money Market. In the latter a fair amount of discounts were
obtained at bank by regular dealers, and there was good sale for
first class indorsed paper at 18 to 21 per cent. Single names go
with difficulty at 24 to 30 per cent. The pressure of sterling
bills is less marked than for Saturday's steamer, thouzli
transient drawers are driven to submit to cheaper rates, 1064
to 1074, while standard hankers get 107 k to 108. France
are equally unsettled, 5.30 to 5.20. Besides the lost gold to
be drawn against upon the London underwriters—nearly
.E 200,010 sterling—we hear of some considerable sums in
Liverpool to the credit of our Cotton speculators in the way
of profits, At the same time both the French and English
orders for new Cotton at New Orleans are said to be peremp-
tory, and must immediately add to the supply +f Exchange.
Messrs. de Coppet and Co , in their Money Circular for
Europe, remark —" Since our last advice-, of the 15th instant,
we have had a dull and falling market in all the sp culative
Securities of the Stock Exchange. In the more solid shares, and
in S ate Stocks, the variation iti prices has been small, and
in some cases a -trifling improvement his tae en place. Ope-
rations during the week have been comparatively small,
and principally for cash. An additional gloom was thrown over
the market on Friday, by the news of the loss of the
steam-ship Central America. with most of her passen-
gers, and the semi-monthly shipment of gold from
California. The Banks of the city have very much strength-
ened themselves during the past few weeks, so much so that
a further contraction of discounts and loans would seem unne-
cessary, the end in view having been gain d, that of diminishing
the large shipmects of specie. There is a great derangement
in domestic exchange, and an unusual dullness in all branches
of trade. State Stocks continue active, and prices are well
maintained. Money continues very stringent. We quote
business paper from 1.5 to 24, with more difficulty to sell than
in the beginning of the week.
Messrs. Mafia and Kanz, in their circular of to-day, say—
" Our last advices were dated 15th inst. Affairs seemed on
the eve of improvement, when news of the melancholy loss of
the steamer Central America, with its cargo of 1,600,00 d
in gold, was received, and disappointed the hopes of those who
had been looking forward to this important arrival as likely
to allay the present crisis. The loss of the treasure total, about
1,000,000 doll. of which is beli.-ved to be insured,in London,
and the remainder in the United States. The insurance com-
panies having immediateiy declared that they would waive the
customary delays and gay the losses at once, a more quit t
feeling followed the announcement. The money m irket, as yet,
shows no favourable change in rates, but the banks have di'.
coun:ed a little more freely, and there have been
fewer and less important failures in this city. On the other
hand heavy suspensions are reported in Boston and Philadel-
phia, and throughout the cities in the inte.ior ; in the eastern,
middle, and western States, money is in the last'degree
stringent. Thus far, however, the west seems to have with-
stood the crisis better than had been expected. In every part
of the country the crops had never been so abundant as
now, and it requires but a few weeks to realise upon them, to
enable us to overcome the difficulties that at present beset us.
The stock market has been inactive, and prices have Kain
declined. Speculation, whether for a rise or fall, is almost
suspended, and transactions are mostly confined to soles made
for account of parties who are forced to sell.
From Philadelphia, under date yesterday, we learn .—The
week which ends to-day will long be remembered as the most
glo iney and disastrous which the business men of Poiladelphia
have experienced for very many years. Terre has rarely been
exhibited, in the annals of mercan•ile intercourse, a mote total
lack of confidence and generous suppart than has just been
witpessed in our city, and the only wonder of a disenterested
looker-on ts, that our business men have not made a move-
ment similar to that of tbe banks in 1637, bolting to a united
determination to demand an extension of their payments for a
short period of time. That such a movement has not been
made, under the circumstances through which they have
laboured manfully to meet their obligations, is in itself a very
strong evidence of their real strength, and a cheering indica-
tion that the storm has expend. d its greatest force, and will
shortly be followed by fairer weather.

Chicago 15 50 to 16. Lard buoyant but in light ruttiest,
bile 141 to 14-1 flacon steady, 141 for Western smoked.
114 for Cumberland cut, 13 for short ribbed middles, to
arrive; hams 12, shoulders 11, scarce. Sugir in more
inquiry, sales 900 hogsheads, muscovado 61 to 9i
Molasses unsettled. Linseed oil unsettled, 76 to 78. Spirits
turpentine steady, 255 b.ls 46c to 461 i; crude 4, 500 brie
common rosin 1 85 to 1 871, tar 2 to 2 37k. Itou dull, no
sales. &iota) 28 to 29. Lcad itesvy and nominal. Tobacco at
sale to day for cash fully sustained t-o market for fine medium
and o•diaary grades. itice dull, 41 to 54. Talkie, 60,000
lb:, lle. Freights to Liverpool dull, cotton- 5•32 i.
flour is 6d, grain 5d to 6d in bulk. Money
was more stringent to-day, and rates of discount higher,
some endorsed paper hav;nt so'd for 21 to 24, and unendorsed
for 30 per cent. up to as high I,s 36 per cent. Advices from
B.istou and Philadelphia still have a depressing influence on
our market. Produce on London for to-morrow's steamer
were sold at 107 to 1081 :-;to'dka were dull at the first
bpard, the sales quite small, and the decline general. At the
sect) id beard there was a better feeling, with more activity,
an 1 a slight advance in some storks.
thaw ORLEINS, Sept. 22.—tjotton slightly dearer. Sales
3,500 bales, .middling 15; to 16c. Flour be-t-ter ; sales at
525t0 5 40. Pork firm. • t-rlinet Pieliango 7 pat.

water submerged theme entire'y. This was was about nine o'clock
a.m., and there was then between mine and ten feet of water is the
engine room, We were- ably asststed alt the time by Mr. Charles
M'Carthv, chief engineer of the steamer Golden Gate, who was a
pasenger with us. The machinery b log now entirely useless, the
fact was at once reported'to Captain Herndon, and our whole atten-
tion was given to baling water. had several consn'tations with
Captain Hern ion and Mr. Van Psensel er, the first ofilser, wich regard
to the con litiou of the ship, and everything tat was po a ble was
done to relieve her. All the engineer's men, with the cew and pas-
amuse's, worked constantly and Li. wely to lies the ship from wwer,
but wi bout avail. About 2 o'clock p,m., at near as I can recollect, a
is bo e down neon us, we having a signal of distress dying. She
proved to be the beg Marine of B eston, Capt. Burt, b mod from
Cardenas to New York, Capt. Hansa n hailed him and requested him
to hay by the steamer and take off .he passengers, wnich he promised
to do. We had lost o--e beat from the davits the previous night,
leaving us five. Capt. Herndon ordered the boats lowered as soon
as the brig rounded to, Two of them were lowered
safety; the third was stove and rends ei use'ess. One
mots who was toweled in her was resell d with diffi ulty.
Tne foarth bo t wan launched them the u per deck safely.
I was requested by Captain Herndon to assist io 1,-nnehing the filth
and lan Uo.at, but-3 meteile one—which was successfully done, a
he ivy sea carried the host tend r the lee guard and it was stove nd
s ram? d. carrying me down with it. In a sheet time I regained tin.
ip'. deck. • Tne saw chtlir n were thenoa deck' re idy for
transporteti n to the brig, which had drifted oft, an i Was, I 'link,
some two or three mi'e 4 distant. I then went wit'a Cap airs Hemden
to his room. H • iriquirel of me if I was armed. - I answered that
the only weapon I had was a knfe, whieh had been given to rue by a
passenger in the morning. lie t' en silt be would try and borrow
me a pair of pinto's, a dashed Mr Pyn., a passenger, for the lea, of
his, and e ould have got teem bet for the fan that they were in hie
trunk, and that was under water. The cap airs then easel me t
assist in transferring the passan .ens to the b ig, and eirectel rlll not
to let a single man get into one of the bath till atter the womee arid
children were saved. Only two men attempted to ge nto the boat
at this time; they were both wsit rs, one c loured and the other
white. I ordered them away; p-rhaps I drew my kein at the same
time; think 1 might hay. dune ss ; an i they left. I i tee meantime,
t e bri had di Mei for to the leeward, ma trig it ne etsary for i
bests to lei a long time in rea hieg her. While the boats were gone
with the ladies, Ceetain Herndon and myself were on the upper
deck. The captain said they meg .t o have a clo er connection with
the brig. i s it to him the' if I maid be of a .y service in any manner, I
was at his deposal, He then asked me to go n the next boat, with
the three eszna.ning tidies, and as ma 'y men as weal" fill the boat,
to t e brig, and do all in my power to iuducs the captain to bring his
vessel n arer to the steamer. When t e boat ret true I and the pas-
sen ,ers a ere put on board I got in with th m, all asked Mr. el ceary
to go a ringside and es ist me. He did so, and I think after the boat
had re, eived her full complement, two other passengers jumped on
board just as we were shoving off tee steamer Mr. Payne was in
this boat with mys If and the others. Just as we shoved off Capt.
Hern:lon repeated his in tructlons fo me to try and get the beg to
come neater. Tnere were, I think, tweeve or thirteen passengers in
the boar I 'eft in. 0- our way a, t e brig a erect many ael washed
abitard of as, and kept two ,f us balling a onstant y. We arrived safe
on beard the brig, a though tee sea wes at the ,iM3 making a c
sweep over her deck. I sated to Capt. Burt the or. ere I had re-
eseved. He -aid 1 could have is boat, but that It was on't a yawl,
and cou'd not live a minute in such a s-a; said he would do all in his
po ver to bri itt his vess. 1 rester to the steamer, but he was in a
ceppl d condit os, having lost his maiimird, maintop-all, a a jib-
boom, and coal] not wore to the windward. While consulting C.pt.
Burt the boat that I came in left for the steamer, in chwee of the
boat wa n. I exp -geesd my ineermination to return in the next beat.
wiech soon ca ee alonetide and pit he passengers on boars the brig.
Herer.w at t to same time jumped on bo and the br g, leaving only a
q tamertnaster in ea hbo t net sas then. along-id: the brig.
I ho
•we gum-term asters weie Finley Frare tied David Raymond. Tne
b gets t u ripe I against :he sde e f the brig wits every sea. I orde ed
the men into the b ate t r take me to the steamer, and save as m
any
lives as possible, hut they nue ly refused. CA, t. Burt also tried o
mike hem etnrn to their du ye but without avail. I was therefore
left powerless, and w.B comp stied t remain in the brig. he two
b tats were droep.d seem -,nd b led out, bat one of th tm broke adrif.
during the night. About 12 o'ei ck (midnight) the b ,at in chalets of
the bowswain reterned to the brig in a damaged condition, and wi b-
out any passenrers. fie reported hanitg spoken the steamer, and
explained his disabled co sdi ion to Capt. Herndon, who told him to
keep off. Ile did it ep off. bet remained near the steamer till she
win down. Who he returned to the brig lie abandoned the heat and
left her ado it. The brie worked down toward the plane of the
wreck duriog the ni ht, but swv no per-onen the water, and
nothing weatever except the t „ht of a schooner several miles die-
t snt. He also sew the 3 hopper M the morning. Ste Was then jest
vl iMe Duties, the trying hours preceding the to al di-abling tsf the
st tame 's eng nes, I was sbly an i menially seconsel by all my
Sills ants, eve's, one of whorl we keit wit lout cessation, so long at
anything could Pe done to save the ship. Inasmuch so errone .t2B
and us j test s:atemetes have been,made iii rag tel to my c nduct Upon
leaving the steamer and a ter leaving her, I • eem it prop r to refer
to Mr. Payn-, Mr. McCarthy, Judge Munson, Capt. Burt of he
Marine, and Mrs. Marvin, all of whom are familiar with the course
I p aimed on re cheer the brig, and t e twit brat named of whom'
awl the orders given to me by Cash thermion.
The conduct of the chief engineer hid, however, been very severely
censured, se .t was said that he hal done everything to -ave h s own
lif e. a el aid not seem to care tor others on license A. Mr. tree ner,
who wee a pesseaeer from Aspinwall, says: after the -chief engineer
go' ea board tee brig tesy say he attempted to drive the men back
into the boats and chased one man all aeout the yes el with a drawn
knife. Tar boatswain got three men to return with the bot, and
they di I return. but his boat was leaking and he cool t reader no
ahsleance, and he toll the caetain to when lit hailed him.' He had
two me bailing at this time. He lay by and saw the ship go down,
wnen he re uritel to the b ig. I remaiseil neon the steamer till she
went d awn, and 1 went down pith her. Jtmt before she went down
the see ni mate got the captain a life preserver, and got some sky-
rockets and tried to set them off. &me would not go off
at all; awl some went up half as high as the smoke
eta-k. Captain Hendon remained on the wheelhotr e and
went down with t shi she sunk at hill-past eight by
the steamer's c oak. I put on al fe prey rver when they were takine
the worrier, on bci trd the brie, and worked at the buckets as mush as I
W3B able to from the time we were calle t u ill the vessel sunk. I WAS
be ide else wheelhouse, s tting down and holding on to the scuttle
when she went down. Abo it an hour of er she •unk I saw a light,
supposed to be the Him gian barque Ell. n, on which I was saved.
When the eeseel sunk I want down with he , and a goo t way deem but
den't know how far it mutt have Leon fifties or twenty fe t. I was
under a gool while, and could hardly keep my bre ale while and r.
When came up there were hundreds of hunnvi heads floating all
around me. I was in the wa er in ail ab uttevea hours It was
above one "oar after shaking that I saw a light, nd about six hours
a ter ties I was to :co on leotard When I csme up •ut of the water
Meer the vessel a ink, the men about me were a 1 sere citing fur
A4si3ta co Teems wre no lights 111331. I could see some of their
atruggleng forms. The e was no moon, but it was clear everheati ; the
stars shoe bight, s e that it was nit very dark. I had cramps in my
limbs ag. eat deal and a, one time hid cramp' in both legs at once.
I happened to fi)atnear the barque El ea. and the s Coss threw me a
rope, and I grabbed it, and tied to hold on to it, but had not strength
.nough to hold on to be drawn up ; at I got bold of the r pe, two
men got bold at the same time; t cashed them t . let go, and they did
so; I then got the rope alone aid twisted it around my waist, and
itel lit so until they pu led me uo. I, 0 not know wheth r the men
who let go if the rope when I requested them to, were save d er not ; I
do not know who they were; ween I got aboard of the barque Even
,hey helped me d wn to the cabin as I was no eels to walk ; I went
to sleep irnmed,ately on getting into the cabin, I was so comoietely
p o trated. The next day we spoke the bargee S.x ny, boiled for
Set, tnnah. reported the loss, and get tee barrels or hard bread and a
brrrel of beef from then. We tree (erred four men on board or her;
Ido not hno , their it -men. The captain tacked ship and lo Mee for
fli ting survivors, bat cools nit find air. The t ext da7, Monday,
we spite the American barque E len, fro.n t harleston, iadeu with
United States neva' stores. S e was dismastee, and we sent a man
aboard and ask d if they wanted any assistance, and they said no.
Tee sailors wanted to de ere the ship, but the captain, would net
al ow them. lie . aid as the be qua was tight he would pot leave ter.
On the 11th we spoke th propeller Th imam Swann, bound for Char-
lemon. We asked for provision; and w iter. They as el they c mid
not lot us have any ; tie y, were short of provisions arid their water
was bid. We asked them what they wattle theme to tow us to
Norfolk, and they said they could not do it as they hid only thirty-1m
hours coal _on hate t. We put on for Norfolk, and arrived there on
Thursday near noon. We got asm ell steamer- no tow .us up. The
Norfolk a kei eOO doliars to tow ties men up from the Heals,
which was, p rid. , As we were towing up, the steamer Empire
City was co 'lag down fur us The captain had to run down and
come up again, when tie esme alongside the barqu e and took on
board of his vessel all the pas casein w.shing to go on board of tier
and rut to sea again, e'er giving the cepts n of the barq me some
provis ens. As we seem co nem doses we m t a propellor towing the
brig Mail iv, with tee women and chis'reu on board. The p opel er
aske 1 5 0 dole, and the captain paid 300 dots. I sent word to my
mother that I as sa e. Ties was the first mime the knew whether I
was 'oat or ravel, and it had been five days since we ranted. The
c meant o • the Empire Coy wend not al ow toe chef en ,sneer of the
Central met ma tigo on beard his ye eel, although he tate he could
clear himse f when he got to New York. After re. eiving the paseen-
gers we put to sea. and arrives rff S Insy Hook on Saturday ermine
We co Id n t get a pilot until this morning. We ran t t Quarentine
and then tame t the city. I arrived at the eletroeol tar El ,tel a mut
heir-past ten o'clock On Suaitsy morning. There wire no cementer on
b i aid, and no tto s to :e f und to make b x l limps ; I thi k we might
all have been Bevel hat the lumps been ie good or her, and hid the
vessel been supplied with c .reenters and toots, we co 1,1 then have
se, t her up antil assistance reech,_d us. In my oeiulon it was not the
ate m that destroyed her.
The steamer Empire City, weich war awsi e t with so much
anxie y, arrived off Sandy Hook on Saturd ,y night, the Leh Wean's.
Sunday morning the steered up to cm aniline. was board d by the
hea th officer and twelve reporters, a ter which she proceeded d rest
to New York. There were on b ere 92 p issengers a eyed from the
Central Ame lea, by the brig Marine and barque Eden. 0" those. 35
were women, 26 eh hire°, and 36 omen ; 14 of these ladies had hus-
bands w th them on board the Central Arneric ; 4 of the said hus-
bands rre kuown to have been steshd. lhesr enfortena e, and yet
forte ate women, wire en expression of the greaten 3 dimes; it was
dot an obtrusive aorrow, but cairn, deep, and par:acting. Ss:welly
one of them bad a ceet e f mcn-y, anti tone a change of any
description of clotting; they trees just as they had got into toe
bout fi o is the C:ntrel America, dem. et of skirts, and wearing unruly
an outside draw. Some wept as they apgroac led Now Yo k city,
overcome with pest me some- and their unexpec-ed tondition. They
had left California till lent in word h reel rice in the reciprocal
e joymeat of affection th-y a rite d here devoid of Measure and
overburdened with sift e ion. F. r their . right on iZipStiO a hey tied
the severest suffering, and soolstna extremeat penu -y. Not the lean
pie one was the sight of the infante. Some of them were perfectly
risked, merely wrapped eroeni by acuities, bla tket taken fern a berth.
Oth' rs were merely girt about the lo ns with linen, ssh le others wore
a feller dress. Many of the mithe a seemed quite unwell. S nose were
t king gruel, a there were giving it to their babies. Tre despe t
sedne•s perva led all. A few e uld only speak with tears ; others
bad bows to Eh .ck tee outwa'd semblsrce of their inwsrd grief.
Spine wire had laced death In the ho it of their peril with cheeks un•
bla cited could not s, elk of the catastrophe and the loss of a loved
use without tears. lu looking at the coo bon of those raved from
the unf etunate ship, one a tad more fully realise the greatness of the
calamity. Alt the pasten„ers, male ant iemale, spoke in the highest
terms of their treatment on beard the Empire • sty. When ihoy
arrived oil tee Battery it was reported that the pa imagers wend not
be allowed t laud tit to day. This announcement, to eel-sons in
their condit on, was anything tint agreeab e; it began to annoy thmn
conside ably, as they thought they hi-d come to an end of their." ti tale
by sea," but In less than a minute a Me en tug was seen making for
the steamship, into whi h the passengers leaned a ely rushed, and
were conveyed to the city, pleased at least, to be once more safely
lodged on the firm earth. .1. A. Van Dyke and oth re were on the
ground with cart iases to convey the shipwreck el pa seterws without
charge twwhatever place in the city they desired to go.
The New York herald Staten that hopes are entertained of the
safety of the captain of the Central Ame Ica. Up to the departure of
the En oda' Ha were known to be saved, and upwards of 400 were,
it was Lared, drowned.

WRECK OF THE STEVIER CENTRAL

THE -NORTHERN. TIMES.---LIVERPOOL, MONDAY, OCTOBER 5, 1857.

" HE PRES-EN:IV STATE OTTHE RitYLIG TON