Northern Times.
Liverpool, Merseyside, England, 1857-09-07 00:00:00

THE NORTHERN TIMES.---LIVERPOOL, MONDAY, SEPTEMBER 7, 1857.

positive loss to the country of some two thousand p otinds, and 4
an immense addition to the fatigue of the poor men, who,
after getting to Gosport. had to go on to Spi-head to
embark. It involved a regular fatigue day, preventing
the men from getting their meals at the proper time.
Lord Panmure may stare at the alleged expense, but if
any of the gentlemen in his lordship's department will be
at the trouble to make a calculation of the cost of
bringing vessels frcm the rive: to Portsmouth for the em-
b rkation of troops, adding th reto the railway charges
from Dover, and c )aopare it with the cost of embarkation
at Dove; they will find that we are not very much out.
The Dispatch says—" The real state of the harvest may
be, and is, misrepresented f)r interested purposes ; but
the fact is that no yield so great has been known over
Europe for twenty years. In Canada and the Scates it is
alio large, and holders of Great Western of &dada R tilway
strek, in the face of falling traffic returns, ra'her raise their
price, because they know that whenever the crops come to
be distributed a great increase of traffic must follow. Europe,
especially England, should be in the most nourishing con
dition, and stocks would be far enough above par to allow
of a Two-and a-Half per Cent. Stock, but that our Indian
Empire comes in to draw off our labour hands, and to -raise
our taxes. In the city it is confidently asserted that
£100,000,000 will not see us through the consequences of
the revolt; and if our wise men of Gotham had their way,
we would seize all China, end try to hold about
600,000 000, or two thirds of the whole human -race, by a
standing army destined to strenghen the Crown, and
@ttimately to command England, as the Fretorian b .nds
held Rome, or as Monk brought in James, We are, it
seems, to rule the world by mercenaries, by Katlire from
1 lle Cape, and free negroes from the West Indies ; men
who will go anywhere, and do anything their leaders order
them. It may be remembered that it was proposed in the
same way to march the Sepoys of India against-China, as
if war and great arches ware really the trade and the stock
in trade of England."

MAIIOMtEDAN GALLANTRY.—Ora the 13th we went to en
evening party at Lord Ashley's. His lordship and his
beautif I lady received us will greet courtesy. Here we
11,,,d the pleasure of being introduced to-Viscount Jocelyn
and his wife, the loveliest of English beauties. After a
little while I had the honour .of playing at chess with this
nymph of Paradise. I played two games with her, and
allowed myself to be beaten both ties to please her.—
Autobiogaphy of Luffet
ENTERPRISING LADIES.—The Note:ilzgharn Review ob-
serves that Melton Mowbray can boas, of three public
characters which perhaps no other town can—namely, two
independent ladies who Have taken nut game certificates,
and who enter the fi.-Id and can bring down the game equal
t ) any male sportsman, as well as those indu'ging in
fishing, hunting over a country,toliounds, &,. The other
is a female blacksmith, whe is each an adept at -shoeing
a boys?, or working at the anvil, as to cause universal
excrement.

ROYAL GATHERINGS.—The Emperor of Russia is expec-
ted to arr:ve on the 14th inst. at Ktsdarn, whetce he will
set off again on the 17th for the south, to join the Empress,
and, together with her, he will proceed to Sturgirdt, to
visit the Emperor's sister, the 'Crown Princess of Wurtere-
burg. It is here that, aeccerding to general expectation,
the mee!ing of the Entparors Alexander and Louis Napo.
leon will take ple,ce. It is assumed that the latter will
come from Chalot s to Stuttgardt, and after returning the
King of Wurtembures late visit. will proceed to Darmstadt
to perform the same ceremony be the,© rand Duke of
Hessen. In the month of October the Emperor and
Empress of Russia will come to Potsdam on a visit,
on their way back to St. Petersburg.
The Ecorsorsise publishes en account showing the dis-
triubti in of the exports of the United Kingdom for the
first six mmths of the present year. The ontire amount ex-
ported to all markets in the half-ye ir was £60,826 381.,
while for the whole of /856 the am din, was £116,8:6,000.,
and of 185,5. £O5 688,000. Of ihv £60,826,381. exported
up to the 30th of June, £42,670,603 went to foreign
countries, and £18,155,773 to our colonial poesessinne.
Judging by the accounts of the year so far, it is certain
that the exports of ls-67 will exceed X 120,000,000. The
chief increase in the present year has taken place to the
United States, British India, and the Australian Colonies;
but to every market of any imp attance the amount is
steadily kept up and gradually increasing.

SINGULAR EXPLOSION ON THE RAILWAY AT PRESTON.—
On Thursday afternoon as the 5 15 passenger train from
Manchester approached the Preston station, a tuba convey-
ing the condensed steam to the cold water tank burst with
a terrific explosion, scattering the condensed vapour all
around in a perfect stream, and thoroughly drenching the
engine-driver, stoker, and one of the guards of the train.
The train approached a platform which was within twenty
yards from where the explosion happened, and which was
crowded with passengers and other peop:e. Tit?. disabled
engine was then replaced, and the train proceeded to
Lytham, Blackpool, Fleetwood, &c., without further delay
than a few minutes. Hid the accident taken place a few
seconds later the consequences rni4lit hey. been very
serious, if not fatal. As it was, no person was injured.
HEALTH OF THE KING OF PE SSIA.—The Kit,g's health
and strength have not yet recovered the bad effects of his
ill-advi edjowney to Vienna last July, immediately after
finishing his course of waters at Marienbad. His visit to
Erdmansdoff, among the rocky mountains in Silesia, which
has been productive of so much advantage to hint on many
former occasions, has been obliged to be ;'ven up this
autumn, and his exertions have been confined to nee( wary
busiaess that can be transactad at Potsdam. It is trusted,
however, that the present state of quiet and repose which
the King has been enjoying for the la t month, together
with the assidious use of cold baths in the Havel, will have
invigorated him amply for the various public acts that
stand fixed for this month—such as the opening of a rail-
road in the eastern provinces of the kingdom, the
inauguration of the colossal railway bridge over the Vistula,
the grand manceuvrest the Emperor of It issia's visit and
the meeting of the Evangelical Alliance in Berlin—an
event on which his Majesty bestows an unceasing and
anxious solicitude.

SlioretNESS (7 WATER AT BERL! V.—The public health
is suffering extremely from the various prejudicial circum-
stance produced by the want of water, and the health of
the troops now being collected in the neighbourhood of
Berlin and Potsdam is of a nature to suggest the propriety
of very much altering and curtailing the programme of
the approaching mar ceuvres. in the various garrisons an
inflammation cf the eyes exhibits itself epidemically, and in
enn,iderable numbers renders the men unfit for duty.
The air has become so thoroughly vitiated in the stables
of the cavalry that, in numerous inst laces, the horses have
had to be removed and quartered in the neighbouring
villages. It is to be hoped that this unenviable state of
things wi'l quicken the minds of the population to a due
appreciation of the benefits to be derived from the ample
use of colt water, put into their reach now by the enemy
and enterprise of our cou-itrytnen, who have erected works
here for supplying the town with water, but it is to be
feared that as long as the enjoyment of the benefits offered
is coupled with an expense of money their apprehensions
will remain impenetrably dull.
PRAISEWORTHY PATRI imm. —The Deutsche Ailgenteine
Zeitung publishes a letter from Damascus, dated Aug. 5,
in which it is stated that tie son of an English merchant
there, named Whyte, whose fortune is estimated at
£2,900,000, had at his own expense raised sad equipped
a corps of 30 Eurovans, with whom he had tux day before
set off to join the British forces in the East Indies, as a
a volunteer, together with his " following." The course
they had taken was in the first instance to Beyraut, to
embark there for Ezypt, and to proceed thence to the
East Indies. The uniform iu which these volunteers
have been clothed is very similar to that of our Rides.
They have, however, been armed with the fowling-pieces
they were eccastemed to at home, and els) carry yaragans.
Mr. Whytels Adjatant and Q tartermaster is a Mr. Film, a
re'ation of the English Consul of that name at Jerusalem.
He his described as having formerly served 12 years as a
Company's officer in Bengal, and as a man of middle age
and of ath'etic stature. Attached to this 'little expedition
is a Swiss surgeon of the name of Bachmann, who lately
served as assistant-surgeon with our army in the Crimea.
With the exception of the above, the force has been raised
exclusively from the working classes, and consists cf 21
Britons, six Italians, two Frenchmen, and two Greeks;
and these modern Paladins trust to reach the Peat of action
early in this month.

RIOPEESENTA.TION OLDIIAM.—A public meeting of
the Liberal electors and coo-electors of the borough was
held in the Town-hall, on Friday night, for the purpose of
selecting a gentleman to represent the borough in Parlie-
nient, in place of the late James Platt, Eq. Mr. Wiliam
Knott, the chairman of the Liberal committee, was called
upon to preside, and after payiel a tribute to the memory
of the deceased member, he called upon John Nield, who
moved a vote of condolence and sympathy to the widow
and family of the deceased. Edward Ingham, another
working man, seconded the motion. which was carried
by acclamation. Mr. Councillor Frith newt proposed
that Mr. William Johnson Fox be recommended
by the meeting as a fit and proper person to
represent the borough is Parliament Mr.- • John
Grimshlw seconded the motion, which was suppnvted
by Mr. Councillor Dransfield and Mr. Ross, and on beim
put was carried by acclamation. A vote of thanks was'
passed to the chairman, and the meeting separated.
Yesterday afternoon a placard was posted in the town,
calling upon the electors to reserve their votes for a first-
class representative, who is about to be brought forward.
This is said to be r. T. H. Milne, of Crompton, who was
solicited to contest the borough in 1852, on the occasion of
the death of the late Mr. Duncuft, but there is little
likelihood of any gentleman having a chance of being
returned against Mr. For.

MONETARY AND COMMERCIAL.

LIVERPOOL, Saturday Evening

The Cotton Market was rather more active
to-Jay, the sales reaching fully 10,000 bales,
including 2000 on speculation and for export.
Holders not supplying the market very freely,
prices were firmly maintained.
The Liverpool Share Market continued very quiet
to-Jay Caledonians along have had another rise,
without any ostensible cause. The following were
the day's transactions:-Birkenhead, Lancashire,
and Cheshire, 661 ; Caledonian, 411, 41, 41f4, 411 ;
Eastern Counties, 111; Great Western, 55-1 ; Lan-
cashire and Yorkshire, 1)01, 100 H ; London and
North Western, 1001, 10(1 ;Do shares, Rd ; Man-
chester, Sheffield, and Lincolnshire, 401 ;
811 ; Dovers, 211; Whitehaven and Furness,
; North Union, A, 219 ; Ditto, B, 1521 ; Bank
of Liverpool, 23. The following were the closing
prices : -Bl tckburn, 71, 8 ; Chester and Birken-
head, 66, 661 ; Caledonian, 411, 411; Chester and
Holyhead, 1711, 171 ; Eastern Counties, 11 5-16
xd 11?; ; East Lancashire, 961, 961 ; Do. 9/.
shares, 1, 9-16 p; Great Northern, 24, 241; Do.
A, 11, 1 1-1-s: Great Western, 551, xd 55i ; Lancashire
and Yorkshire Stock, 1001, 1001 ; Do. 9/. shares,
p; Liverpool, Crosby, and Southport, 19,
191 ; London and North Western Stock, 100 i,
xd 106 i ; Manchester, Sheffield. and Lincolnshire,
401, ; Midland Stock, 81i, xd ; North
British, 11 15-16, xn 12 1-16, North Stafford-
shire, 41, 4 d ; North Eastern-Berwick, 23i, xd
23t ; York and North Midland, .401 401; Leeds
Capital Stock, 251, 254; South Eastern and Dover,
21 5.16, 21'4 ; Scottish North Eastern, 12a, 127,_
Buffalo and Lake Huron, 41, 4-1 d ; Do. New
Shares, 4, d ; Dutch Rhenish, S-1, 3s d ; Great
Western of Canada, 211, 211; Do. Nev Shares,
n; Great Luxembourg, 7, 71 ; Grand Trunk
of Canada, 1254 lA.
Te-lay there was rather an increased demand
for Money, but the supply being abundant, rates
of discount were rather on the decline than other-
wise, and increased relief is anticipated in a few
days The increase of bullion, with the continuous
arrivals from Australia, must in time, unless the
Bank of France should recommence its autumnal
operations, which is not expected, place the
directors of the Bank of England in a position to
make an alteration to 5 per cent., and if the reduc-
tion should only prove temporary there will be at
least some slight relief to trade. On the other
hand, the Bankers' Circular of to-day thinks that
for some time no reduction in the Bank rate can
be loakei for. It says :-
At this'period of the year there is always an increased
internal demand for the payment of wages connected with
the harvest, as well as provision to be made for the pay-
ment et the public dividends, so that we may look forward
to a full demand for money during the next few weeks,
as the ordinary condition of the money market at this
period of the year. Some anticipations have been en-
tertained, that the large importations of specie would
have enabled the Bank to reduce the rate of interest ;
but these expectations do not seem to rest upon any
satisfactory grounds. The late importations of specie
do not appear to have dote more than to have maintained
the Bank reserve from falling to an inconveniently low
point; and though the purchases of gold have been large,
the addition has not much increased the total stock on
hand. The tendency of the Corn market has been also of
a favourable character, in connection with the supplies of
Foreign corn ; but neither of these circumstances appear
to justify an immediate expectation of a reduced rate of
interest. The affairs of India cannot be omitted from
the calculation. There is a vast outlay, to be met by: the
Government on this side, for military purposes; and it
is difficult at present to form anything like a correct
estimate of what may be demanded in India. Such
being the case, every preparation must be made by the
Bank and the-Government for any emergency that may
arise ; and any temporary reduction in the rate of interest
under such circumstances is calculated too e'
a
mistaken view of the finances of the country, and the
actual condition of the money market.
The market for the Public Funds and Securities
was, inanimate to-day, but no material change
occurred in prices, several circumstances having
combined to check both real and speculative
operations. Numerous parties, who, if they were
present,might support the market by time dealings,
or bona fide purchases, are out of town, and the
approach of settling day, and the desire to await
the receipt of further advices from India, induce
a cautious policy among those who remain in the
metropolis. The Bears seem confi lent of lower
prices, while the Bulls on the other hand are
equally sanguine of a rise. Consols for money and
the 9th inst. were at about 901 1 all day, while for
October 14th they were On 91. After the recog-
nised hours the price for the 9th inst. was firmer,
viz., 901. A leading broker " carried over" about
400,0001 at 7.lGtli per cent , and the charge for
that operation is now 7-16th to 1 per cent. The
New Three per Cents were 91 to 911, and Exchequer
Bills 5s discount.

The following list shows the fluctuations in
Consols during the past week :

Lowest Highe.t Closing
prices. prices. prices.
Monday Money ..... 904 93
,i. 907-,
Account ...90a 101 99a
Tuesday Money .... 904 i
Sog 901
Account ....90a 90i 90, #
7
Wednesday Money .... 901 91 91
Account —.904 91 91
Thursday Monq .... 90A 9) 901
Account ....90a 901 90a
Friday ~_ Money .... 90 90a 9q
Account —...90a 904 9pg
Saturday Money .... 904 901
90
Account ....901 901
2 904

The London Railway Share Market was inactive,
but firm. The demand for Caledonian shares has
continued active, and a further rise of about 2 per
cent, has taken place. The increased enquiry for
these securities is attributed to the favourable
traffic returns, which it is calculated will enable the
directors to announce an improved dividend at the
expiration of the current half year. Eastern
Counties rose -4, Great Western 41, Norfolk 1, North
Eastern Leeds 1, while South Western, Lancaster
mai Carlisle, Brighton, North Western, South
Western, Midland, North British, and South
Wales. were fully maintained at previous rates.
Manchester, Sheffield and Lincoln, and Edin-
burgh, Perth, and Dundee, were at a small
decline. The followi ig were the • closing
prices .-Ambargate, Nottingham, Boston, and
Eastern Junction 5* ; Bristol and Exeter 86,
88 x d ; Caledonian 86i. 84 ; Chester and Holy-
head 34, 35; East Anglian 20, 24; Eastern
Counties 11.1. 111 x d; East Lancashire 96, 97;
Edinburgh and Glasgow 63, 63 ; Edinburgh,
Perth, and Dundee 31, 33 ; Great Northern 96i,
97/ ; do. B Stock, 120, 124; Great Southern and
Western (Ireland) 102, 104; Lancaster and Car-
lisle 75, 80 ; Lancashire and Yorkshire 1001, 10(ji ;
London and Blackwall 51, 6 x d ; London,
Brighton, And South Coast, 104, [O6 ; London a.-id
North Western, 100, 1001 x d; London and South.
Western 92, 93; Manchester, Sheffield. and Lin-
colnshire 40, 4l ; Midland 811, 821, x d ; do. Bir-
mingham and Derby 54, 55 x d; Norfolk, 62, 64
x d ; North British 481-. 484 ; North E tstern-Ber-
wick 94, 95 xd ; North taffordshire 4:i. 4 die ;
Oxford, Worcester, and Wolverhampton 32, 33 ;
Scottish Central 102, 104; do. Midland 72, 74-;
South Eastern 691, 70 x d ; South Wales 84, 85 x d;
Buckinghamshire 92, 94 xd ; Hull and Selby
105, 107 x d ; Eastern Counties Ex. 5 per Cent.
(No. 1) -1 1 pm ; East Indian 98, 99 ; Geelong
and Melbourne Guarantee 5 per Cent. 211, 2
Grand Trunk of Canada 50, 52; Great lndiao
Peninsula Guarantee 5 per Cent 19a. 19;4; Great
Western of Canada Shares, 213., 21-4 ; Madras
Guarantee 41 per Cent. 19-a. 19k ; Eastern of
France 261. 27; Great Central France 251, 241
Great Luxembourg Constituted Share* 7, 7*;
Namur and Liege 717, 74 ; Northern o France 34i,
84}; Norwegian Trunk Preference 9, 10 ; Paris,
Lyons, and Mediterranean Fusion Shares 34.1, 35 ;
Paris and Orleans 56, 57 ; .!,ambre and Meuse 7,
74; Southern of France 25, 251 ; West Flanders,
4i, 5.

Respecting the movements in mines during the
week, the Mining Journal of to-day states :
Those mines where improvements have taken place, most
Of which we noticed in our last, have bad the greatest
amount of attention, and prices improved as the demand
increased. The standard for copper ore continues to ad-
vance, and will be of the greatest service to the deep copper
mines, where the dividends were decreasing. Tin keeps
up, but thers is not so much doing in the mines as there
was a few weeks ago; neither is there in lead mines,
though Mary Ann and Herodsfoot keep up in pries,

The dividend expected this month in the latter mine
is from 10a to 15s per (hare; the price continues 8i to Bi.-
The import of specie during the week reach
about 679,0001, viz :—by tho La Plata frorn
the West Indies, &e, 2;222,364 dols., of which
1,697,777 was in silver, and the rest in gold, er
44-14701. ; the Derwent, from Africa, two cases of
specie; the Siene from Boulogne, 11 eases of
bu'lion ; the Clarence, from Antwerp, 29 cases of
bullion ; the Panther, from Boulogne, 11 boxes of
bullion ; the Rhine, from Boulogne, 13 boxes
bullion ; the Berwick, from S. Petersburg,
48,500 half-imperials, or 38,5001 ; the City of Balti-
more, from America, 60,000 dols., or 12,500/. ; the
Sultan, from the Mediterranean, 2,3651.; the
Fulton. from America, 10,000 dols., or 20,000/
the Holland, from Ostend, 21. cases of bullion ; and
the Canada, 430,000 dols., or 86,0001. ; and the
Arago, with 4,000/., both from America.
The exports of specie during the week were
upwards of 900,000/., viz: by the Magdalena for the
West Indies, 22,2921., of which 13,0001. is in silver,
and the rest gold ; the Indus for India, 696,0251,
of which 12,832/. is in gold, and the rest silver,
divided as follows :—Gold to Ceylon, 2,8001;
Madras, 4,4221; Mauritius, 5,0001, and Singapore
6101. Silver to Bombay, 102,39:1; Madras, 45,4341;
Calcutta, 265,5921 ; Penang, 4,2111; Singapore,
41,940 ; Hong Kong, 112 44',/, and Shanghae,
11.1,1861, also upwards of 200,0001 to the continent
through the Custom House.
The official returns of the reports of the precious
metals from the port of London during the week
ending August 28th, shows a total of 25,530 ounces
of gold and 402 400 ounces of silver. Notwith-
standing the last Overland Mail reported increased
firmness in the Eastern exchanges, the demand
for silver has been very -quiet, and now that the
steamer has left tbere is scarcely any business in
progress, while the quotations at the same time
appear very fiat. The Indus, which was the vessel
despatched on Friday, took out a smaller amount
than the two or _three previous mails, and,
if the average hi-monthly shipments could
be reduced to something like, three-quarters of a
million sterling, the drain, in the absence of any
other of importance, would cease to create any un-
easiness, as a continued influx of gold into the Bank
would be insured. Very few purchases are being
made on the Continent, hut yesterday about 25,0091
arrived from Boulogne. The following are the
current prices in the bullion market : Bar gold,
775. 91 per oz. standard ; United States gold coin,
765. 21d. per oz. ; bar silver, 53 It-d. to Fl. per oz
standard ; Mexican and South American dollars,
ss. ltd. per oz.; and five franc, 43. 1 lid. per
ounce.

In the manufacturing districts trade generally,
during the past week, has been rather quiet. Man-
ufacturers complain that, owing to the high prices
of the raw material, it is difficult to obtain remun-
erating prices. At Bradford business has been
limited, owing to the high prices demanded for
wool, spinners only buying just sufficient to sup-
ply bsolute wants. A very moderate business was
done at Halifax during the week, holders of wool
demanding increased rates. At Manchester the
market continued firm for all descriptions of
clAths, except those suitable for India.. There was
a fair demand for Germa3y and Russia, and for the
home trade a good business had been done.

The business done in the London Produce
Market this week has been rather circumscribed,
and, owing to the limited demand, and the disin-
clination of most parties to pay such high prices,
the importers have found it difficult to press sales
unless at a slight reduction. Sugar, for instance,
has been bought with same degree of reserve, and,
except for the best qualities, which are scarce and
firm, a decline of is to is 6cl per cwt has taken
place. The market closed yesterday afternoon with
increased heaviness, and several parcels offered
publicly were withdrawn for want of bidders. The
stock of this article at the close of last week was
63,027 tons, against 65,200 at the corresponding
period of 1850. Coffee has been steady, owing to
the continuance of the inquiry, and the tolerably
favourable result of the Dutch Company's first
sale. Yesterday, however, the market was, per-
haps, a trifle flatter, the second sale in Holland
being less satisfactory. Cocoa has realised higher
prices, tea is steady, and rum has advanced, and
numerous purchases have been made, There has
been a good inquiry for rice, and full values have
been carrent.

Several railway meetings were held this week.
At the half-yearly meeting of the Mid Kent Com-
pany, the report presented stated that the balance
in favour of the company for the half-year was
7,1111, besides 5,250/ deposited with the Court of
Chancery. The half-yearly meeting of the Thames
Haven Company was also held, and it appears by
the balance sheet that the receipts amounted to
1,287/, and the expenses 722/, leaving a balance of
565/. The meeting of the St. Andrews and Quebec
Railway Company has taken place, Mr. Fry in the
chair. The statement of the receipts and
expenditure, from the 31st December, 1856
to the transfer of the property in October
1856, showed that 11,276/ had been re-
ceived, and 10,384/ expended leaving a balance of
892/, of which 8571 was clo.lined by the Receiver.
General, leaving a balance of 35! at the bankers
There has been a meeting of the proprietors of the
Boston, Sleaford, and Midland Counties, at which
it was stated that 91,973/ had been expended in
the construction of the line, which was now half
finished, and was exceeding their expectationswith regard to passenger and goods traffic. The
half yearly meeting of the East Anglian Railway
Company was held ou Friday, and passed off very
satisfactorily. The accounts for the hatt-year
showed an increase in the traffic of 2,080/ for the
last six months, the total sum being 27,131/. This
amount enabled the directors to pay the prefer-
ence stocks in full, and to set aside 631/ towards a
fund for the original stockholders, Another
favourable feature was a reduction in the working
expenses. The report was adopted. The report of
the Edinburgh and Glasgow Company was agreed to,
at their meeting, held this week at Glasgow. At
the half-yearly meeting of the Lancaehire and
Yorkshire Railway Company, held at Manchester,
Mir. H. W. Wickham, M,P., in the chair, a dividend
of £ 103. for the half-year was declared. The
meeting of the Dundee, Perth, and Aberdeen
Junction Railway Company was held at Dundee,
When a dividend at the rate of 11 per cent. per
annum was declared. In the colonial limes 3 a very
limited business has been done, and it is rather
surprising that seine of the Indian shares with 5
per cent. guarantees should only be a fractional
premium, when it is universally acknowledged
that immediately upon the suppression of the
rebellion, a material augmentation in their intrin-
sic value will ensue. Railways wi:l then be
prosecuted with the vigour commensurate with
their commercial and political importance, and
considering the rapid development of the recources
of the empire that must soon be renewad. they
• cannot fail to be highly productive to the
shareholders.
The Brazils and River Plate mails arrived at
Southampton to-day. At Buenos Ayres trade had
been very stack, but a slight improvement had
occurred in the price of several articles of import.
The expert produce markets were dull and inani-
mate. At Baltia the sugar market continued in a
state of apathy, but prices of co ton had slightly
improved. At Pernambuco prices of cotton had
advanced 200 res, and 400 to 500 res in the out-
ports.
The Canada arrived this afternoon with Boston
advices to the `,.).6L11 ult. The New York cotton
market hat! been very • quiet, and prices were
merely nominal. The accounts of the crop are
rather mere favourable, six bales of new cotton
had been received this season.