Northern Times.
Liverpool, Merseyside, England, 1857-12-07 00:00:00

AUSTRALIA.

thelVe have already given a telegraphic summary of
kelzlews from Australia, brought by the mails, via
Pat eL We are now in possession of our usual des-
teviles from the various colonies, and present our
" Wit
ndh a full epitome of the more interesting
178 to ha :

Otir VICTORIA.
6,, dates are to October 16. We extract the follow-
tktents from the surnmary,of the Melbourne Age, as made
p„ tnglish readers :
lati4lTlcata—The Session of Parliament has not yet
concluded, though now of nearly 12 months' dura
ratate"ne Lower Houss, however, adjourned about a
lositiz,t ago for a month. The Upper House continues
dialln our last summary we hinted that the great Minis-
ineastires of the session had been rejected in the Upper
ititf Bill the :Squatting Bill, and the Anti-State-
aot The Railway Bills, though not rejected, were
lek;arried as the Ministry desired, but referred to a
tltjer colosittee. The Upper House has acquired con-
thOble popularity by its rejection of the Land Bill,
isii(7l was obnoxious to nineteen-twentieths of the pope-
thoin, including the entire mining community and the
' body of the working classes. The Government is
Prep
ertionate aud merely exists in sufferance,
kit 41 to the prevalent impression that there are no
littlives except Haines or O'Shanassy. Should a
teePwsibility present itself, the prop on which the
nt Ministry rests would be removed. The general
Ist;g is, that, on the re-assembling of the House, the
it 'Promised measure of Parliamentary Reform should
Aiiissed, and a fresh appeal made to the country. The
tlitatry is pledged to the former step ; and the latter
tad necessarily follow.
Otpters or Tux Sessroa—At its rising on the 2nd of
Vetuer, the House of Assembly adjourned till the 3rd of
1411,1111)er, Mr. Haines assigning as the reason for pre-
tib,..llllB that course to a prorogation the necessity of
)1;1 the Legislative Council an opportunity of com-
COI the business that had passed the Lower House.
147pPected that on the re-assembling of the House,
11,1,1,4n:tent will be formally prorogued tor a few days,
ti chat the new session will be opened soon after. Only
kiunlY-five acts have been passed during the session. The
wing is a list of the statutes which have received the
Ping
hC!aSSCht:-1. An Act for defining the privileges, im-
ities and powers of the Legislative Council aud Legis •
tkile Assembly of Victoria respectively. 2. An Act for
Itt tIS an account of the Population. 3. An Act concerning
ibtere Patent for Inventions. 4. An Act to Amend the
h 3 relating to the Vending of Fermented and Spirituous
V7c'ra. 5. An Act to Amend the Law relating to Bills
it 'Ming. G. An Act to Amend the Law relating
4. Drafts or Cheques on Bankers. 7. Au Act
Ch Granting a Duty of Customs on Opium. 8.
d. Act to Consolidate and Amend the Law of
icienco. 9. An Act to Reduce the Fees payable
e,certain i Licenses. 10. An Act to reduce the
lei 00 Registering Friendly Societies, 11. An 'Act
14, ktity an Exchange of Land between Her Majesty and
on Corporation of the City of Melbourne, and tor other
aitlPp,
12. An Act to Abolish the Property Qualifi-
let °Atl required by Members of the Legislative Assembly.
ti,441 Act to Consolidate and Amend the Laws relating
ittl'ic Customs. 14 An Act to enable the City of Mel-
Alsr4,? Gas and Coke Company to raise the
.sum 9t.
11011P00 by the issue of 30,000 shares, of each, la addl..
%ens their present capital of £lOO,OOO, and for other pur-
-15. An Act:to Amend the Law relating to Gold Coin.
0,4. Bill for Continuation of Expiring Laws. 17. The
iCaolidated Revenue Bill. 18. A Bill to enable the
Enonrne and Hobson's Bay Railway Company to extend
irr capital, and for other purposes. 19. The Juries Bill.
iliuThe Pension Bill. 21. The Gunpowder Bill. 22. A
m the Interpretation of certain Legislative Enac-
t-23. The Belfast Church of England Bill 24. The
Ito'lt Bid. The Oaths Bill has not yet' received the
01 assent. It is understood th it his Excellency has
cii! el it for the consideration of the Imperial Govern-
%
i1k.,44).---The intelligence from the various gold-fields
1114,7% the last month has generally been of a favourable
Itkt aster. Upon many of the oleer diggings the want of
L_er seriously impeded operations. But this want has
ii‘tt? supplied by the recent •heavy rins. Hence the
111014.1cre and crushers have been enabled to realise upon
Itpcetinsulations of washing stuff. The more exten
kilt.
introduction of efficient machinery in connectibn
kilt. the quartz reefs, which are every month
lliko,„_-5 further developed, has rendered systematic
ildz7g,.. a more certain and lucrative occupation than
Itirlg, and the yield from this source is steadily
Alt;e4sing. The new rushes at Mount Arrat and Mount
havo fulfilled the expectations formed of them
alhne cominencement. Hundreds, of course, have
:010nEd the new ground in disappointment, but this
14invariably the case with a new rush, but a
,4: population remains behind, who Rill in all like-
Atai, d. be permanently employed upon those fields
Atar.Judging by the successive escorts coming down,
tin At will continue to rank among our richest dig-
dae RceP sinking and quartz mining will no doubt
succeed dthe more primitive forms of gold
•Ikurer an 10h are always at first adopted upon new
' "4,4 the more sanguine predict that a second
‘,kaarat will he established. Many minor rushes have
gold ..field has become a matter of such frequent
att7tence that it now excites little attention, unless the
action presented be sufficient to occasion the migration
44,7,..0 or 50,000 oi the mveable ulationaof gur
,the, :erooous districts in the course of a tew pop
weeks, as was
,
when Mount Ararat was discovered. The follow-
Nelnres will c how the comparative returns by the
tOrisZY escorts for the last four weeks, and the four
`BPonding weeks of 1856
matt ending Sept. 18211 .. 90 1857.
2131 485 69

Sept. 26th .. 64.1:8 .. 4 ~4A
5. Oct. 2ad .. 55,989 .. 41,117
Oct. 9th .. 56
en a ,692 ..
increaseseveral in
lot pantities brought down by the Escorts. The Returns
118 several months are:—

oz. dwt.
!Nltiary 241,320 0
I,nbroary '• •• 169,621 0
'larch •16 ~662 5
April 177,28.5 0
Ray, • •
222,840 10
Jut; e "•
174,176 0
Juy •• • •
231,364 10
4tigust 208,985 10
• t
0ct0ber226,8,2 •. •• 112,681 15
kili;e'Y three gold-ships have left since our last summary
11'1.4,rel They were—the Enieu, for Suez, Sept. 17th,
Ith:',J2 oz. ; the Star of the South, for Hong Kong, Oct.
1,12L6,386 07 ; and the Suffolk. for London, Oct. sth,
ti oz. The- total quantity of gold shipped during the
14g, • 1•
,11clusive of shipments to Sydney and the neighbour-
ic,`offies,
has beeu 2,175,143 oz , or 90 tons 2 ewt qrs
17,,9 oz. which, at 80s per oz., yields the value of
14;',3.564 The duty paid upon this quantity is £269,852
accorOin-• to the returns of the Custoei House.
LIOn•
,'ll,Griatrio'N LABOUR.—Victoria is still receiving
Old World more immigrants than, in the present
,t 1;• 4400 of our Land System, we can readily absorb.
14-,.2lalculated that at least 30,000 have been added to
nll("Pnlation during the past year ; and immigrants are
N4LPouring in at the rate of a thousand per week. If
ZN:rid Question were settled on a legitimate basis, this
‘I be a source of real pleasure and profit to the coun-
-4111; abut under existing circumstances, the immigrant,
lo4tr, hope and enthusiasm upon landift here, tco fre-
!ILI quails before the impediments cast in the way
L.4"."est industry, Since our last summary, however, the
1,,t,,k1 of the people has somewhat improved. The
k Nkeh:oaent has provided temporary work for a large
▪ cs—,r of those who were on the verge of destitution,
iTte,"'hers have been absorbed by private industrial
;411„rise• With the•prospect of an abundant harvest,
odDe's of the people have been proportionately ele-
4-11' and we are disposed to congratulate ourselves
joi °mg passed over the darkest phase of the com-
kalo.l crisis. We shall always be subject to similar
kllei.,lQue, however, until the existing monopolies and
e,tnents to industry are swept away, and our re
s 8 as a nation are permitted a healthy development.
etotrvernment system of remittances, by which
erllll the colony may procure the immigration of
0044.1 ends and workpeople into the colony on con-
L'lrite,f the payment of part of the passage money, has
NO very well, and must necessarily bear direct
:la to the requirements of the colony. A return of
iNtrlilog since the establishment of the remittance
tc,,,lat"°n-s, on the Ist of August, 1856. shows that
DIt1o,,"" immigration for the five months from August
tptlaileMber that year, had the following results :—From
k4,1(1, 1,0661 statute adults, amount paid 6,0661 Is; from
k.,tti4 1,916 persons, amount. paid 91501 18s; from
366} persons, amount paid 2,042/ 85. In the six
om from Ja,,eary to June, 1857, the numbers were :-
11:0174 Ireland
1,6 E-3 persons, amount paid 9,4821 ;
sptiOand 1,8451, amount paid 8.7971 16s 8:1;.
.from
41,,, Do "545 f, amount paid 3,0741103 61. The addition to
• Pelation during the year by sea-board, is shown by
of
~ AIL, entry to have been 32,758 persons.
141314,74r3.—F0unded one the select committee of the
tf 'tct :"'e Assembly on railways, three bills have been
fttae,,,,hrough the Legislative Assembly. On the 22nd
114ttereber, Captain Clarke brought in a bill for the
16111;44 of a trunk line of railway from Melbourne to
scat Murray, and a trunk line from Geelong to
gene,4t and also a bill for the construction and
o.>
' br rlt of railways. Mr. Ebden; on the same
41t,„4 Ought in a bill to authorise the raising
,Villtrran by the issue of debentures. On the
kNi,it-et!cling of the Loan Bill, Mr. Ebden stated
11,0 e "'as proposed by the bill to raise £8,000,000
ea as
of railways—£7,ooo,ooo in England,
4/' etlit„tlree, for £lOO each, at 6 per cent, and £1,000,000
k;: 4°,,"."113% by debentures for not less than £25 each, at
114`",7-bath lines to be a charge on the consolidated
h__Nb,°' the colony, but not to prejudice in any way the
interest of holders of debentures previeuily
ttiPti'4l,3l.ll¶l bill contained a clause prohibiting the Trea-
tls4 be'ting debentures brought in. The mouey raised
111411tte applied to the construction of the lines from
SPitt to the Murray River, and from Geelong to.
mstte,' the course of the discussion on the bill in
''%1111,, ~It was stated by Mr. O'Shanassy the prinei-
• on the opposite benches, as showing the

importance of a line of railway from Melbourne to the
Murray, and the traffic across the Murray to this colony,
irrespective of wool and merchandise, was estimated
at .6800,000 annually, or equal to the exports of
this colony prior to the gold discovery, while the
total annual traffic of which it was highly probable the
whole might be secured to the railway amounted to
£1,250,000. On the 29th September, the bill for the con-
struction of the Melbourne and' Murray River Railway,
and the Geelong and Ballarat Railway, was read a second
time. The second reading of the Loan Bill was moved in
the Legislative Council on Thursday the Bth inst., when
the whole question was discussed at some length. Hon.
members differed as to the propriety of borrowing money
in the English market, or affirming the large and extensive
schemes propounded by the Government. The opinion
seemed to be pretty generally entertained that sufficient
capital and labour could be obtained in the colony to pro-
ceed with such a scheme as would meet the more immediate
wants of the colony. One hoe. member, Mr. Hood, pointed
out that, by a wise economy of the public funds, it would
he unnecessary to berrowiat all for railway purposes.
He estimated that the consolidated revenue would in
the next five years amount in the aggregate to £21,000,000,
which, deducting the current annual expenditure, would
leave a balance exceeding the amount it was proposed
to 'borrow. The result of the discussi m was that the
bill was referred to a select committee of twelve to con-
sider the whole subject, and report on an early day. The
two other bills were then referred to the same committee.
As indicating to some extent the extensive nature of the
scheme proposed to be pursued by the Government, we
may state that on the 17th December last they obtained a
vote of 125,151, to defray the salaries of the official staff
to be employed on the railways, and contingent official
expenses. Besides the railways proposed by the Govern-
ment, two railways by private companies are projected in
the suburbs of tha city, and bills for the necessary powers
are at present under the consideration of a select com-
mittee of the Legislative Assembly.
AGRICULTURE.—In general the farms throughout the
colony look well, and give abundant promises of a large
yield of bread stuffs, and other farm produce for the en-
suing year. A much larger breadth yis this, year under
cultivation, and there is every promise of an abundant
crop. Notwithstanding the almost inexhaustable pastur-
age of Victoria, butchers' meat is at an exorbitant price
in Melbourne. Beef is from 6,1 to 91 a pound, and every
other kind of meat in proportion. It is said that there is
not in the colony stock enough for even six months' supply
of beef, and although that of mutton is more abundant
still, even here the stock is far from being adequate to the
demand. This is a suggestive fact, considering that the
population of Victoria is under half a millitn, while the
grazing area is over fifty millions of acres, more than one
half of which is equal to the finest pasture land in the
world. The monopoly of squatters accounts for the
anomaly.
THE CHINESE.—The antipathy between the white
population of Victoria, and the Chinese, continues
unabated. At the gold-fields and elsewhere, collisions
occasionally occur, and it is believed that there would be
a general rising of the Europeans for the expulsion of the
obnoxious race, but for the prospect of speedy legislation
upon the subject. On the 25th ult., Mr. Haines obtained
the sanction of the House of Assembly to withdraw a
" Bill to provide for the residence of the Chinese in
Victoria.'' The principle of the measure is embodied in the
following resolution :—" That it is expedient that every
male native of China or its dependencies, or of any island
in the Chinese seas, and every person above the age of
twelve years, born of Chinese parents should, on or before
the first day of every month, obtain a license to reside in
Victoria, and should pay for the same a sum of one pound."
The measure has already passed a second reading, and in
some shape it is almost certain to become law, as the
public are all but unanimous in desiring to put a proper
limit to Chinese immigration. In the meantime. the
clandestine immigration through Guicisen Bay has con-
; siderablv fallen off.

THE NORTHERN lIIVIES.---LIVERPOOL, MON DAY,

As it was known that this gallant corps had covered
itself with glory in the Crimean campaign, there was
from the first hour of its arrival in Port Jackson a
strong desire on the part of the citizens of all classes
to greet, with the utmost possible warmth, the heroes
of whom it was composed ; and there was much of
curiosity, too, intermingled with this desire. It was
something altogether new for the peaceful folks
of Sydney to gaze upon a body of men who were
fresh from the deadly strife of real war, and who bore
on their breasts the decorations which they had won
in the field of battle. There was a good deal of anxiety
therefore lest they should land unexpectedly, at a time
when the great bulk of the people could neither have a
chance of gratifying their curiosity or displaying their
sympathy. But ample warning was given, and the disem-
barkation took place on the 30th amidst much enthusiasm.
The officers had been invited to a public dinner and ball:
The Government clerks here held a meeting for the pur-
pose of adopting a petition to the present Administration
for an increase of their salaries. Resolutions were passed
affirmative of the assumption that they were greatly under-
paid, and that some portion of the "gold increase" should.
be restored to them. The subject of " Departmental
Reform " is one which every succeeding responsible govern-
ment has most grossly eeglected. It is notorious that
there is great room for improvement in nearly every
Government office, and yet honorable gentlemen have
always been too busily engaged in party squabbles to
attend to these matters. Every change has been for
the worse. The salaries of the working officers
have been clipped, and those of the superior idlers
have been nereated until the latter have become great
men, chile the former have been reduced to the pay
of mere labourers. And promotion has been just as ill
managed. Merit and of eiency have been of little weight.
We know of gentlemen, at least eq'ial in point of education
and general efficiency wish the heads of their departments,
who have been many years junior clerks at, as already
stated, the pay of labours ; while the veriest muffs have
crawled over their heads. Three things are needed in this
quarter—a simplified and more efficient system of depart-
, mental administration; the employe_ ent of a smaller
number of really c impstent offi3ers ; and the payment of
these officers upon a more liberal scale.

COMMERCIAL INTELLIGENCE.
• MELBOURNE, October 15.

Ths m oney market has been kept in an unquiet state by
the discussions on the railway finance scheme in the legis
lature Beyond this there is little to rezert in the money
market. Tne bills falling due on the 3rd were well met, and,
as usual, a quiet week has followed. There is still a larger
demand for discounts than the banks are willing to respond
to, and speculation is thereby checked. The enormous
values of the stocks of imported goods piled up in the stores,
and the continued influx of cargoes, hill render the market
heavy until the latter shows genuine signs of a cessation.
For money on mortgage there is a full demand, which is
immediately met in alt cases where the property is well
situated, and the margin ample, at from eight to ten per
cent. The bank; cnarge seven per cent for discounting
bills having under ninety-five days' currency, and eight
per cent minimum for those having over ninety five days
to run. For renewals and for overdrawn accounts, ten
per cent is charged. since the alteration in the usance of
the exchange on England to sixty days instead of thirty,
without an equivalent alteration in the rate, there
have been manifestations on the part of the large
houses of discontent, and large parcels of gold
have been shipped by them as-remittances. This
has led to a slight modification by the banks. The rates
at which drafts are now issue] are 11 per cent. premium
at 60 days' sight; for amounts under £3O, at 2 per cent.
premium, at 30 days' sight. Bills against g, are pur-
chased at 1 par cent. premium. Freight on gold by
direct steamers or sailing vessels, 31d. per ounce, deliver-
able in London ; insurance 1 per cant. By the
Overland route, a per cent . that is, 7d, per ounce, as
nearly as possible ; insurance 11 to la per cent. There
is very little new to report on the state of trade and
commerce at this port. Stocks are far too heavy, and
shipments still in excess. The spring season has not yet
fairly set in, bat the caution with which country buyers
are operating, does not hold out much hope of any great
briskness in and branch of trade. The value of the
imports for the year, up to the close of September,
amounted to the sum of i 11,722,923, and that of the ex-
ports to £10,974,890. The first amount is far beyond the
legitimate consuming power of a population of some-
thing under four hundred and forty thousand men,
women, and children, and until some nearer
calculation of the actaal-.wants of the colony is arrived
at, there can be no improvement. Speculation has been
kept within bounds by the determined attitude of the
banks and of the first houses, or something like a repiti-
tion of the events which characterised the year 1834 would
have been brought about, and the interests of shippers
entirely sacrificed. At present nearly every description of
imported merchandise, except eastern produce, is selling
atj very low rates, but it is not forced into the market for
rA Alimiatinn of• .11 her-. -

SHIPMENTS OF GOLD,
From Ist January to 10th Septemter.
• Onnees. Sovereigns.
Oneida ........ 1,830 .... 2,500

Light of the Age .... -
Sim'a - 11,000

Wave of Light . 3 OOO
-

La Hcgue
Robert Treat .....

European ................. ...... 662 1,, 00
Co umbian . ....1,613 BO6
George Marshall ....... ........ 6.34 lOl,OOO
Simla

Star of Peace . -.......... 91.522
Nourmahal....
European
111,:g00
California
John and Lucy .. .
Pacenician
Omar Pasha
Annatlaria . -
Daphne -.......... 2,t00
Great Britain.... -
James Gib50n....
Columbian ....... ..6,117 .... 56,434
Centurion
Maid'of Judah ... . .

..... .......432,637

FaEranrs TO LONDON: Wool, id to Id per lb. Oil, per
tun imperial, for sperm or black, 803 85; ; for cocoanut,
603 to 703. Tallow 453 per ton ; only small parcels in the
market, little being shipped. Hides, 353 to 4W. per ton ;
plentiful and difficult to get room for. Timber, 6W per
load, but none being shipped. Gold, le t per cent by
sailing vessels, by steamer.

SYDNEY LABOUR MARKET.

AMERICA.

ARRIVAL OF THE ARABIA.

171 bundles sheepskins, 7 bundles calfekins, 1 ton 5170 I
horns, 1 ton bones.
From Ist October,. 1856, to Ist October, 1857
24,430! bales wool, 80 tons 260 paunches 3975 car.ks tallow,
36,130 hides, 8913 bundles 7359 :.loose sheepskins, 1 ton
22 764 horns, 58 tons 10,000 bones, 19 bundles 52 calf-
skin?.

FRIDAY, October 9.--.3ince our report per Erne; an
extensive demand for all kinds of labour has manifested
itself, the weather having taken up, enabled farmers to
get on the land, and repair some of the" damage done by
the late floods which were so disastrous in various parts
of the colony. • The shearing and lambing down season also
tends to increase the wants of the pastoral
districts, the success of sheep farming continues to exceed
the expectations of the squatters themselves. The
favourable returns of their shipments of wool and hides
from England and France naturally induces , the
capitalist of the colony to render every possible facility
to this branch -of trade.. Emigrant vessels have not '
come in so freely; the Light of the Age brought the
first shipment made from the Woolwich Dockyard,
under the auspices of the Wellington Fund; they have
arrived at a fortunate period, the farming men readily ob-
taining steady employment at £3O to £35 a year. several
first class mechanics also scam. through the advantage
altered by this fund. They are free to hire on the best
terms the market affords, without the restrictions and for •
malities of the Government emigration office here. The
remand for female doniestic servants, contrary to that of
the labouring man, has materially fallen off. Wages are
somewhat lower, and the proportionate arrivals of that
sex are much in excess, calculating the comparative
requirements of the colony. Upwards of 1,000 emigrants
have arrived during the month by the following vessels :
the Admiral Lyons, Washington Irving. Nimroud, and
Light of the Age. Also, a couple of vessels with Germans,
that have been cleared off at £5 to £lO per annum under
British labour.

The British and North American Royal Mail
steamer Arabia, Captain Stone, arrived here last
night, bringing thirty-three passengers, and a large
quantity of specie—viz., 1,002,507 dollars, and
.114 738.

The news is two days later than that brought by
the Adriatic, and it is not of much importance.

Commercial affairs were not so active. The
New York Herald of the last date, the 2lth ult.,
says:—

DECEMBER 7, 1857

The Stock Market was active on Monday, and the trans-
actions large, but with a decided decline in prices. The
effects of the European intelligence received by the
Atlantic were felt in the reported failures of Richard
Irvin, Babcock and Brother, Wainwright and Co., and
William Hoge and Co , all dealers in foreign exchange.
Dennistoun, Wood, and Co., of this city, the branch house
of the Dennistouns of Glasgow, have made an assignment
to Mr. John Hone. The weekly statement of the banks

Nov. 14. Nov. 21.
Loans and disc'ts $95,239,247 $95,375 432 Inc. $136,185
Specie
Circulation 6 258,652 6 283,417 Inc 24,765
Deposits, actual 60,601,555 64,917,964 Inc. 4,316 409
•1/4. After nearly twenty years of litigation, and final decision
by the Court of Appeals, attended with immense cost and
immense fees to lawyers, a large portion of the Trust funds
was paid over yesterday to the legal claimants. The
deposit of J. J. Palmer, special receiver of the North Ame-
rican Trust and Banking Co.apany, in the New York Life
and Trust Company,' amounting to about 600,000 dots. to
700,000 dols., was yesterday withdrawn and paid over to
the holders of the Company's trust bonds on account of
their claim, awarded by the late decision of the Court, of
Appeals. The balance of the assets in the hands of the
special receiver, amounting to about ihe same sum, and
consisting of bonds and mortgages on real estate, will be
paid over rateably to the holders as soon as collected. Only
a portion of the funds thus thrown into the market have
been re invested here, the largest portion having been
engaged to go out by the Arabia to day. The recipients,
Messrs Palmer, McKillop, 11;nt and Co., of London, will,
doubtless, be glad to receive even a portion of their old
and long contested claim.
The " solid men'' of Boston are in a fever of
excitement concerning the reported defalcation in
that city of Samuel Lawrence, the senior meniber
of the firm of Lawrence, Stone, and Co., agents of
the Bay State Mills, and other manufacturing
corporations. From the accounts of the affair, it
appears that Mr. Lawrence was treasurer of the
Bay State Miils, and employed the credit of the
company in his private speculations to the amotent
of half a million dollars, or thereabouts. It
furthermore appears that the function of treasurer
and agent have in this instance become so mingled
as .to make it somewhat uncertain upon which
office the alleged deficit should fall. It is certain,
however, that the stock of the company was offered
at 121 per cent on the par (1,000 dols) without
finding a purchaser, and that manufacturing stocks
in Massachusetts have received a blow from which
they will not soon recover.

will not leave Halifax for Be:watt as early this
month as was intended.

COMMERCIAL.

New YORE, Nov. 25.

MONETARY.—Our last alvices were to the 16th inst.
The foreign adviees to the 7th and 11th, per Niagara and
Atlantic, although. they reported several important
failures, and the successive advance of the rate of the
Bank of England to 9, and then 10 per cent., prodUced
only a slight effect on our stock market. Money is
getting so abundant, owing to the existing stagna-
tion in; business, and to the distrust of capitalists
in commercial paper, and the specie reserve of
our banks, has run up so high a figure, being now over
23,167,000 dols., that the downward movement has thus
far been able to make but trifling progress. There has
been, on the contrary, up to to-day, a great disposition to
speculate for a rise, and had it not been for the repressive
influence of European affairs, if we may judge from the
aspect of the stock market on the day previous to the
Niagara's arrival, wo should have now had to record a
great advance and extraordinary activity. And, as it is,
we have to note a rise on most stocks, and active pur-
chases throughout the week. Wo mention in particular
large purchases, at private safe, of the new Michigan
Central Ist Mortgage 8 per cent. bonds, which are in
demand for investment, both on foreign and domestic.
account. At,the close the market shows a downward
tendency. Domestic exchanges continue to mend, and
indicate a gradual improvement in the business of the
country. lloney is very abundant. Loans on 'call; 7to
5 per cent.; first-class paper, 10 to 12 per cent. ; names
less current, 20 to 30 per cent.. Exchanges—Rates have
advanced, with a very limited business. London, 1074 to
109 ; chi€fly at, 108 to 10Si ; Paris, 5 23 to 5.17 x.
MARIE & KANZ.

COTTON : We left the market in a state of inertia. Since
then we have received adverse accounts from Europe,
which have so complstely unsettled the market that
quotations for the present are entirely nominal. We have
heard of some sales as low as Ilc to Mc for middling
Uplands, but these figures are no guide for the market ;
we, therefore, omit the regular quotations.

1857. 1856.
Total receipts at all the Port sine 2 lot September..4ls 423 732,896

Total E xpory

• • -217,076 216,990

Total Snipmenis North .... • • .. ........ 29.479 180.025
Present Stocks on band ........................236,496 428,372
Tl:e arrivals have been from—
Nov Qrleaus
Georgia .. .
South Carolina •• ..................1,432
North Ca, olina ......... 151
...... 52

• Total. . ..3,147 ba'es.
Total Import since let i Ist
Total Import since Ist September ............
Export from the United States,
Since Ist c'ep'sni:er, 1857._
Same thus, 185
Export, from Ist to 24th November, '

1857
Cotton . . .... .bales 5,517

BREADSTUFF3.—TiIe market for flour has declined
about 10 cents under the Atlantic's unfavourable advices,
closing dull in the face of the anuounaement of the close
of Canal navigation on the Erie, West of Syracuse, and
the total suspension of navigation on the Welland Canal.
The demand both for export and home use is moderate,
and ,the receipts, though light, are fully equal to the
requirement of operators. The demand for Wheat has
continued light, both for home use and export, and with
unfavourable news from Great Britain per Atlantic,
prices are 2 to 3 cents lower on the common. qualities.
The Corn Market is inactive and nominal, with sales of
17,500 bushels, closing at tiO to 82 cents for second Wes-
tern mixed, and 83 to 90 (nominal) for Southern. Oats
4re better.
_ _ _

Hors: For strictly choice there is rather more inquiry,
and this description sells promptly upon arrival at full
and slightly advanced prices. Good and ordinary quali.
ties 4re plenty, and very dull. Sales 110 to 120 bales at
6c tm SC and a small lot choice, 9e to 10c cash—the latter
an extreme price.
'Hos : The market remains extremely quiet, and is
somewhat unsettled by the unfavourable advices from
abroad. The only sale that has come'to our knowledge
is that of 106 tons Gleugarnock Scotch Pig, in yard, at 22
dollars cash.

Ptsovrscoxs•--The market for pork is dull, and 25c
lower. The beef market continues heav v and unchanged.
Beef hams are inactive, the only sale being 44 brls, at 14
dots 511 c to 17 dots. Lard is dull and lower, with sales at
440 brls, at llic to 12ic for commotao prime. Bacon is
inactive, and nominally 12c to I.2ic. English salted meats
are quiet. Dressed hogs are in active demand, at 'lle to
Ne. Green hams are selling at 9a. Butter and cheese
are dull.

FREIGHTS: The engagements to Liverpool include 800
to 1,000 bales Cotton at 5.32.1; 1,800 brls Flour, is 91 to
2s ; 1,380 do. Rosin, 2s 34 to 2i 61; 2 700 bags grain, 7}l
in ship's bags ; 60 tons oil cake, 203 ; a few half chests
tea, 15s ; and per steamer City of Washington, 1,700 boxes
bacon, 355. To London, 400 tree. beef, part at 63 ; 200 do.
pork, 6s 31.; 12,000 feet birdseye maple 20s.
EXCHANGE --The Atlantic's unfavourable news from
Europe, has quite unsettled the market for Foreign
atl C LLIV ZIA 4UII, ./11.13 IlltlL4l. WA, ht,
at our higbEnt quotations, but the business in general has
been very limited. We quote bills on London, 74 to 9 per
cent ; France, 5f 27ic to 5f 17ic.

PENINSULAR MAILS.

FROM OUR SPECIAL CORRESPONDENT.

SOUTHAMPTON, DEC. '5.

The Peninsular and Oriental Compauys' steam-
ship 41hAmbro, Captain Tay, arrived this day
with the usual Peninsular mail, 10 passengers, 21
packages of specie, of the value of £10,250 ; and on
freight 32 boxes of eggs, 7 casks of wine, 19 boxes
of cartoons; 70 half boxes and 120 quarter boxes
of lemons, 592 half boxes of oranges, 55 barrels
of anniseed, 330 boxes of almonds, 507 boxes, 109
half boxes, and 452 quarter boxes of raisins,

The latest dates are :—Gibraltar, November 25;
Cadiz, 26 ; Lisbon, 30 ; Vigo, December 2.
TIM. ship Curlew was at Gribraltsr. The usual
Portuguese squadron at Lisbon. H M. ship Triton,
bound foi. the West Coist of Africa, was compelled
to put into Viga from stress of wo.ither.
On the 2utl inst. the Atlantic passed the steam-
ship Vigo, running into Bay.
A heavy stale raged in the River Tagug, from
November 28 to the 30th, causing much damage
to the shipping ip the harbour. Three Portuguese
vessels were reported to have sunk in the port
from the violence of the gale. A schooner was
also seen wrecked under Poet St. Julian.

Her Majesty's shin Curlew was at. Gibraltar. The
Triton wa3 at Vigo ; there were no ships of wa-: at
Lisbon.

F.tom Lisl»n w, I,.arri that the fever has abated.
It is-stated that the French physicians have report-
ed to the French Government that the fever of
the typhus class, and that it has been caused by
the unwholesome state of the sewers and the gene-
ral dirty state of the city.
The Bishop of Coimbra has been appointed
Patriarch of Lisbon.

Our despatches from Washington announce the
appointment, by the Government of France, .of a
special envoy to the United States to take part in
the negociations upon the Central American ques-
tion.
Senors Escalante and Molina were, on the 24th
ult., formally received by the President as Envoys
Extraordinary and Ministers Plenipotentiary from
the republic of Costa Rica.
The telegraph reported severe gales on the
Mississippi and Ohio rivers, and the sinking of
sixteen coal boats aud the loss of one hundred
lives. Later actounts, however, do net confirm
this sad news, and we, therefore, indulge the hope
that the disasters have been greatly exaggerated.
The steamboat Rainbow was desroyed by fire
near`Napoleon, Arkansas, on the 21st ult. !Seventy
persons perished, including the officers of the boat.
A fire occurred in the premises of John Deraismes
and Co., fancy good dealers, 88, William-street,
New York, destroying the whole of the stock,
together with the upper stories. The stock of the
adjoining buildings was damaged by water. The
total loss is estimated at about 40.000 dollars.
And a fire broke out in the store of Bucklin and
Crane, importers of teas, 80, Front-street. The
stock was entirely consumed, together with part of
the building. The loss is estimated at 75.000 dols.,
fully covered by insurance in city offices.
It is stated that the War Department has
ordered reinforcements to be despatched from
California and Oregon for the army of Utah.
Clement C. Clay, Jun., has been re-elected by
the Alabama Legislature to the United States
Senate, for six years from the 4►h of March, 1859.
We have files from Bermuda to the 11th inst.
The Royal Gazette of that day says :—The quan-
tity of rain fallen during the month of October
exceeds by one inch and twenty-three parts of an
inch the quantity which fell during the same
month within the past five years. Mr. Arnold, of
the United States army, who came passenger from
New York, has been sent here by the Smithsonian
Institution of Washington to study the natural
history of Bermuda. Admiral Sirlioustou Stewart

The young King is very popular, on account of
the kindness he has displayed during the raging of
the fever.

The plan of powdering the vines in Portugal
with sulphur, to destroy disease, has damaged the
flavour of the wine. The yield of oil in Portugal
is short of the average.
IL► Foreign exchanges at Lisbon no material
alteration has occurred.