Northern Times.
Liverpool, Merseyside, England, 1857-10-13 00:00:00

EFFfIE VS'

PATENT RESPIRATOIA,
IN EVERY VARIETY.
THOMPSON AN,• CAPPER,
HOMGEOPATIIIC CHEMISTS,
41, BOLD STREE r,
Oppisite Slater-street, Livorpoo!.

rrHOMPSON AND CAPPEIVS
110110EOPATHIC OP. DIE IBM COCOA..
The nt r cost e Ire*, ud at entiou has been bestowed up ru the nearst-
facture of this pro ration, so as to render it a I.ght, nutrition,, awe
wholesome ertic'e a diet.
It is recommended by medical men is r reference to tea and crier.
conseluen eel its non- a imulating properties, rvhi e, as an ordinary
Leverage, no. hing ca morn ritiv s and agre:able.
YREFARED BY
THOMPSON AND C WEB,
II ,MCEOPATII IC CHEMISTS,
43, BOLD SORE (GPITLI I E SLAT6R SF.), LIV E At_

I N E TURKEY SPONGES.

HONEY COMB SPONGES. AMERICAN TOOTH BEITRIEE.
TITTERToN'S HAIR BRUSHES. AMERICAN TOOTH POIThIgE.
TITTSR.ToN'S TOOTH BRUSHES. GLI MUNE TOILET SOAP'.
ROSS'S HAIR nausnms.

THOMPSON AND CAPPER.
HOSICEOPAT H IC CHENIISTi,
4.3, BOLD STREET (OPt.OSITE SLATER STREET), LIVE:Wan.-

E JONGH'S COD LIVER -10,1r4,

THOMrSON AND CAPPER.
HOMCEOPATHIC CHEMISTS,
43, BOLD STarE r,
Oppcoite Slat 7-street, Liverpool.

MTIIITE AND SOUND TEETIL—
JEWSBURY AND BROWN'3 ORIENTAL
Toothl'Aite, eqablishe, by thirty years' experience, and numotAsa
testimonials, as the 'nest agreeab e, efficacious, and intiXt2l 31.*-
paration for cleansing, beautlying, and preserving tho teeth Asa
gums. Prepared solely by dewsi.ury and Brown, pharmammirad
chemists, Market•street, Manch2ster; an.i so!d throughnca Liz
kingdom in pots 4t le. 6d. and 2s. 61. each.—N.B. i!e r~rties ii
asking for Jewsbury and Brown's Orient,' Tooth Paste, and obsalll
the name and address of the pr prietors on the late round the zor4s...
wholesale agents': Bareay and Sons, Fa"iingdon.street, and V.
Edwards, St. Paul's, London ; Thirties and Co , Li,eri ool;
Joseph Horsey and sons. New York.

GENERAL ILL HE !fit, hum whater'.er
cause arising, may, in almost every instance Ira
removed by the use elCuse's .IVorsdell's Pills, which, by mg-Am
the blood, and correcting such derangenvws of the stomach. haws,.
and otber organs as a:e the primary causes of disease, bring sack;
bodily functions into hea•thlui exercise, and strengthen and
rate the entire system. tr. Thomas Sharue. of Itarrowby, tra=•
Grantham after suffering for 22 ye.irs, and applying in Vain TO
wis effectually relieved, and permanency cured, it
very few doses of Kaye's Worsdell's Pi/le—Hundreds of ntb,r caries
of cure accosipany each hax. Sold by all realer, in oatoot medirezars.
at Is. lid., 2s. 91.. and 48. ed. Wholesale Depot, 22, dread-ittsed„
London.

Health restored without the use of Mineral or Vceetable Poison UP
the most rufeeb'ed or shattered Constitut oats.
'W
HY shoutil nutnan nature swallow so mat,
deadly 1%1 jun' ;:ntl Vegetable Poiiony, whets af-
fected with diseases of the brain, apoplexy, determination of bleat it
the head, lowness of spirits. melancholy, aff,ction of the heart, Vet-
neys, hangs, disorders of the stomach, biliousness, asthma, pile., ma
impurities of the bloxi, when they can be immediately relieved at ter
the first d .se, and cured after a short use of the ilonsehold Farely
Pills. Beim : prepared without any 'nineral or segetalins poisan, test
ore atom of the fillowing dras to pnrgatives enter their comoosTseci,
which are generality known to be the baits of all advertised
namely, natrau. y, antimony, jelap, rhubarb, ciloeynth, castile &Tan
ecammony, henbane, erotort oil, and hundreds of other medletacs lea
numerous to mentibn in an a tvertisement. Therefore, patients szei-
tering under the above diseases get immediate relief, as they act
v:-street, Fleet street, London ; and scatty
V,er'at 15.14c1., ss. 9d., 45.61., ant family burn
a charm after the first (lie:, hot., to mind a id body.—Prepareta vas;?
:3,e1 'titer, chemist, 109, Cuester-road, X 4 1.,
mcbhyoestshtteecri:;e_
mlLl3pptorsotlle,btßouors,ae
at Ile each, or sent pot, free, for sixteen stamps, far the Is IL •
size. Caution ! lie particu:ar to nolizs the words "Household .4.•
wily Life Pills" on the Government stamp round every box; if sag
they are a forgery

Rt. MIRES
By Her Majesty's Royal Letters Patent.
i'V HITE'S MUG:MAIN LEVER TRUSS
allowed by upwards of 200 a ).lical gentlemee
be the most effective Invention in the curative treatment of
Tide use of a steel spr;ng, so hurtful In Its effects, is be
avoided ; a soft bandage being worn round tbe body, whilst thr
quisite resisting power is supplied by the 510C.51 AIN PAD ant
PATENT LEVER, titting with so much ease and closenessel:66c a
cannot be detected, and may be worn durpig sleep. A descripcma
circular may be had, and tt.e Trust (which cannot fail to dr; tic:-
warded by post, on the circumference otthe body, two Incherioamic
the hips, being sent to the Manufacturer,
31 R. JOHN WHITE, 2'lB, PICCADILLY, LONDON.
Price of a Single Truss, 16s, 21s, 2fis 6d, and 31,6 d ; postaige,lL
uPd°Batrg de'r on is d
like sur.
Double Truss, 31s fid, 425. and 528 6da,
AponstU.omitbcileicoarl
Orders to
42sbe amnaddse2s43d
a;bpleasturo FAcit.lsj 'Lord.
warm.
cost-office, Piccadilly.
Ils each; postage. 14
ULASTIC STOCKINGS, KNEE CAPS, Ica
n for VARICOSE VEINS, and all cases o NVElit—
NESS and SWELLING of the LEGS, SPRAINS,site. They ;,lee
orpodriouussi; gshiotclknirtie;tuprer,icaen, dfrionmex7psenetcivteu,

' MONETARY AND COMMERCIAL.

FURTHER INCREASE IN THE MINIMUM RATE
OF DISCOUNT.

LIVERPOOL, Monday Evening

. There was a fair demand for Cotton to-dav, at
full prices. The sales were estimated at 8,000
bates, including 2.500 on speculation and for exuort.
The Liverpool Share Market has to-day suff,,red
under the influence of a panic, for which it is im-
possible fully to account. However disturbed the
Money Markets of, the United States may yet con-
tinue to be for some time, it is difficult to believe
that the value of Stocks in this country
ought to be for any length of time affected thereby
to the extent they have been tc-day. At the close
-the tone was a shade firmer. The following were
the da3's transactions:—Caledonian, 411; Eastern
Counties, 11; Lancashire and Yorkshire, 921,
921, 927, 921, 924;f London and North
Western, 95, 941, 91/ ;Manchester, Sheffield, and
Lincolnshire, 38, 381, 38i ; Midlands, 804, 80, 791,
79! 791; Dovers, 1.8 15-16 ; Dutch Rhenish, 41- 4;?,- 1;
Grind Trunk of Canada, 10 3-16, 101 10 1-16.
101, 10; Great Western of Canada, 194, 194; North
Union, A 219. The following were the cloing
pi ices :—Blackburn, 74,77,; Chester and Birkenhe id
64, 65; Caledonian, 411 x,-1 411 ; Chester and
Holyhead, 16k, let; Eastern' Countiee; 16k. 101;
East Lancashire, 90, 901;
,do. 9/. ehares,
9-16 p; Great Northern, 234. 24; do. A
shares, 11, 111; Great Western, 52, 521 ; Lanca-
aire and Yorkshire Stock, 921, 921; do. 9/
shßres, fit . ; Liverpool Crosby, and Snutbpert,
182-, 181; London and North Western, 94i 941;
Manchester, Sheffield. and Lincolnshire, 38,1. 3EI, ;
_ _ _ _ _ _ _

A considerable degree of excitement was created
yesterday morning by the Bank of England direc-
tors having raised the rate to 7 per cent. This
measure was not wholly unexpected, but so serious
a movement naturally occasioned general uneasi-
ness. Unable any longer to withstand the severe
pressure upon their reserves of notes and gold,
the authorities- deemed it prudent to act with
promptitule, and not to wait until the usual
Thursglay meeting. Ampla evidence is thus
affLa•ded of the perplexed situation of
the financial affairs ; and fears are freely
expressed that further restrictive measures will
yet be resorted to. The alteration applies to all
descriptions of paper, and, as there is no dis'inc-
tion as is 1856 and '1855, it is decidedly a more
stringent regulation than any adopted since 1847
The effects of this change w.lll be most disastrous,
especially if, as there is every reason to apprehend,
the stringency will not be of a temporary character
Irrespective of the adverse influence of the Indian
and American disturbances, the tendency of the
demand for our own purposes and the increasing
stringency of the Continent indicated additional
pressure, but the effects of the New York panic and
the Indian Loan have greatly aggravated the finan-
cial disorder now witnessed.

The injury that will be inflicted upon all
branches of business is almost incalculable and
numerous weak firms must necessarily succomb,
since they will have to pay a most usurious rate
of interest for the accommodation necessary
to transact their business. The trade of the
country is conducted to such an immense
extent upon credit that the alteration de-
cided upon this mottling must jeopardise such
firms as have not the enjoyment cf a first-rate
reputation. The majority of our commercial
house:, may be of what is termed a second or third
rate character, and though highly respectabte, must
suffer serious inconvenience by the enactment of
such a stringent regulation. The allowance for
deposits "on call" has been increased to 6 per
cent., which must cause a •general depression of
all classes of speculative securities yielding an
inferior rate of interest.

Midland Stock, 791, 791; North British, 11 xd
11; ; North Staffordshire, di, 4 d ; North Eastern

—Berwick, 221 2211 ; York and North
Midland, 374-, 3e*; Leeds Capital Stock, 231 24;
Scuth Eastern and Dover, lEik 18 15-16 ; Scottish
North Eastern, 11, 12; Buffalo and Lake Huron,
51 d;• do. new Shares, 51, d ; Dutch
Rhemsh, 41, 4 d ; Great Western of Canada, 19
14; do. new shares 11,, lR d ; Great Luxembourg,
C. tSy ; Grand Trunk of Canada, 9i, 10.
The Bank of England has again raised the rate
of discount. At a meeting this forenoon they
came to thn determination of increasing the rate
by one per cent. making the minimum now 7 per

.. _
cent per annum. The rate of discount has been
raised at Hamburg to 8 per cent. and at
Bremen has reached 10 per cent., so _ that

Apprehensions are still general that a further
advance in the rate of discount will be decided
upon by the Bank Directors next week.
Same parties are even of opinion that the
measure will not be delayed until the usual
weekly court on Thursday. It is certain that
during the whole of 1 tett week the demand for
money at the Bank has been extremely great, and
on Saturday the applications there were excessively
heavy. The public are hastening to provide them-
selves with funds from a fear that next week higher
terms will be exacted. It i 3 scarcely necessary to
point out that, by thus excessively swelling the
general demand for accommodation, they may pre-
cipitate the very event which they fear That the
reduced means now at the command of the Bank,
as shown in the return just published, are not
adequate to meet a prolonged demand of this press-
ing character is clear. Moreover, the foreign drain
of gold feom the Bank appears to have set in again
On Saturday, 60,00 C/ in bar gold was withdrawn
from the institution. Its destination, we believe,
is the Continent, whence about 130,0001 in silver
is known to have reached the Thames during the
present week, inclusive of 62,0001. brought by the
steamer Albion, from Boulogne. This is irrespec-
tive of the quantities of silver which reach London
via the-Kentish ports and the railway.
It is of course expected that the next telegraphic
news from Australia, via Egypt, will mention ,the
despatch of a large sum to this side, but of the
shipments reported in the last ad vices nearly the
whole has come to hand, the only important ex-
ception being £264.000 on board the Red Jacket,
which has now been 84 days at sea. It i 3 certain
that if the drain of gold from the Bank continue
next week, the directors will not hesilate to raise
the rate of discount.

the money market *all over the world is
at present in a very stringent condition
In America the lowest rate is 25 per cent , and in
many cases it exceeds 60 per cent per annum. This

movement on the part of the Bank Direetors, has,

of course, had a prejudicial effect upon the Market
for the Public Funds and Securities to-day—in fact,

a considerable degree of excitement has been
-caused, as many persons had hoped that the ad-
vance would be limiteci to I per cent instead of l
per cent. The fall in the Funds has been
fully 1.1 to 2 per cent, and a snec'es of
panic has set in on the Stock Exchange
• except in regard to Railway Shares, which,
though lower, retained much comparative steadi
ness. The advance in the rate has induced many
persons to employ their surplus means in the
discount market,• where 61 to 61 per cent. are
offered for the use of capital, in preference to
effecting investments in Consols,' or other securi-
ties which yield a low rate of interest. As selling-
day approaches, the speculators contract their
engagements, and during the next few days the
necessary arrangements will occupy chief attention.
There is a disposition still to, go for a further
decline, notwithstanding the recent reduction in
values, and a large number of accounts will, no
doubt, be " carried over." Consols for Money
Closed to-day at 879 to 871, and for the Account at
the same figure; Ex^•hequer Bills, 15 to 12 dis., and
the New Three per Cents., 86a to 861.
In the London Railway Share Market there was
not much buiiness done, but prices do not show
such a decline as might have been expected. The
following were the closing prices : —Ambergate,
Nottingham, and East Junctior,,4i 5 ; Caledonian,
82k, 83 ; Edinburgh and Glasgow, 64, 65 ; Eastern
Counties, let, lei ; East Lancashire, 89, 90 ; Great
Northern, 031 ; Do. A, 83, 85; Great Western,
621 521; Lancashire and Yorkshire, 91i, 921;
London and North Western, 94k, 94k; London
and South Western, 87i, 88; Manchester, Sheffield,
and Lincolnshire, 381 ; Midland Stock, 791; North
British, 46, 47; York, Newcastle, and Berwick, 89,
90 ; York and North Midand 751 76f; Grand
Trunk, 91-, 10 ; Great Western of Canada, 191;
Ditto New, 14, 1 1-14
The Produce Markets remain quiet, and' holders
of Sugar having reduced prices ; rather more busi-
ness is doing in that article.
There is very little change to notice in the Bread-
stuff trade. A moderate business is doing in all
kinds of Wheat, and at this day's London market

Coastwise.

Engliqh
Scotch
Irish
Foreign

E. C. Rail ..
Gt. N. Rail..

Exported .

NEw ZEALAND BISHOPRIC.—The Rev. Edmund Hob-
house, B D., Fellow of Merton College, Oxford, hes been
nominated to the new bishopric of Nelson, New Zealand,
and will be cons crated by the Archbishop of Canterbury,
so soon as the necessary le al formalities can he comp'eted.
The bishop designate gradua'ed at Merton College, Oxford,
in 1838, and was, in 1843, presented by his college to the
vicarage of St. Peter-in-the-East, Oxford, which he has
retained up to the present time.
DR. COSHING, THS FORLORN HOPS.—Were the proper
authorities to appoint a second day of humiliation for the
country to humble itself before heaven for all the c nt and
extravagance uttered upon the first, we should not say that
it was ill done. We did not want the pulpits to tell the
country or the government that the first duty of the crisis
is to suppress the rebellion, and visit with meet retribution
its unheard-of c:imts and enormities. The sermon of Dr.
Cumming, the eloquent minister of the Scotch Church in
Covent-garden, is noticeable as being entirely free from
maudlin sentiment and mistimed pleas' for mercy. He
spoke the truth, and spoke it boldly, on this important
point; upon the who'.e, we consider Dr. Cumming's
sermo❑ the best of all we have seen reported.—Examiner.
ST. PIERRE.—The following letter of Bernardin de St
Pierre, addressed to a General of the Empire. has just
been printed in Paris :—" My dear friend, can you lead me
five.and-twenty Louis? lam in great want of them. I
asked the First Consul yesterday, but he turned on hie
heel with• ut answeting. I wes half inclined to apply to
Madame Bonaparte, but my courage failed me, and I now
depend on sour friendship." Tie Let is, that the gentle
author of " Paul and Virginia," was the type of Jeremy
Diddler, and was more active in borrowing any odd sums
be c. u'd get, than in writirg. He was the vainest of
men, too, this benivolent impostor. " I can't think," said
he to Bonaparte, " why the savans have taken no notice of
my " Theory of the Tiles.' "Do you know anything o 7
the Differential Calculus'!" asked the Coos"). " Nothing."
" Well, then, go and study it, and you will be able to
answer yourself."—.Atheneum •

Norfolk Flour is

rates were firmly maintained.
quoted at 40s per sack.
The Liverpool Wool Sales closed on Saturday.
The trade recently have acted with much caution,
and we must notice a downward tendency in the
values of ativ!l kinds as happen to be in liberal
supply. Mr. John Bowes in his circular issued
this morning says :
Public sales of 25,569 bales Wool commenced here
30th ulto. and concluded 10th inst. They opened with
1003 bales Port Philip, which attracted a large number of
buyers, and realised prices Equal to the closing rates of
the London August sales, With other Wools the case was
different ; Buenos Ayres, Italian, and unwashed Spanibh
and Lisbon were completely neglected, and therefore with-
drawn. The principal feature of the sales was the
increased quantity of East India, of which there were
15,687 bales, and the competition fluctuated more than
usual, and an occasional feeling of depression was notice-
able. The present range of iricers, compared with our
July sales, shows a decline of id. to ld. per lb on middling
kinds, and ld. to lid. per lb. on inferior, while the best
classes, particularly fine long•stapled, have suffered no
depreciation.
The dividends will be payable to the public on
Wednesday, but owing to the magnitude of the
repayments which will then be due to the Bank,
no relief is anticipated from this source.
On the Continent there is no sign of a diminu-
tion of the pressure for money. At Hamburgh the
rate of discount, last reported at 71, has now
reached 71 per cent.

LounBROUGIIIAM'S SEPOT PROPIIRCY.—A singular anti-
cipation of the possible entire revolt of the Indian native
army is recorded in Hansard's Commons Deba.e3, 7th
February, 1828. Mr. Brougham, in his celebrated speech
on Law ltefarrn, den unced arcoig other abuses in cur
judiciary system the delays and costliness of Indian appeals
decided in London by she former ill-constitutel C)urt o'
Privy Council. He co-trr.sted the evil with the then im-
proved law eJurts of Ceylon, stating that one goad effect
had resulted in the latter colony, as the Ceylon population,
previously rebellions, in 1816 aided the mother country in
putting down and crushing a military mutiny. Mr.
Brougham further observed, "S,) it will be in the Pen'u-
sula, if you give your subjects a sbare in administrating
your laws, an an interes, and a p-ide in supporting you.
Should the day ever come when disaffection may a2pnal
to 70,000,000 against a few thousand strangers, who have
planted themselves upon the ruins of tbeira/cient dynas ies
you will find how much serer it is to have won their hearts,
and universally cemented their attachment by a common
interest in your system, than to rely urn 150,000 Sepoy'3
swords, of eacelle it temper but in doubtful hands."

From most of the Continental Stock Markets
lower prices are reported. At Amsterdam, how-
ever, Dutch Stocks have, so far, shown much
steadiness.

Messrs. Baring, Brothers and Co. give notice
that the scrip issued in Landon bx the Grand
Russian Railroad Company can be exchanged for
definitive shares ti bearer from the 13th instant.
Attached to this notification is a reminder to the
shareholders that they may pay their shares up in
full, if they feel disposed to do so.
Amongst the " partnerships dissolved," men
tioned in the G,,zette of Friday evening, is that of
Messrs. S. E. Baltazzi and L. D. Baltazzi, "of
London and elsewhere ; " also that of Messrs.
Morley, the warehousemen, in so far as regards
Mr. J. H. Morley.
The half-yearly guaranteed interest is advertised
on the shares and bonds of the Royal Danish
Railway Company.

THE INDIAN MINER AND THE PElEST.—Remarkable
anecdotes are related to illustrate the pertinacity of tha
Indians of Peru in cencealirg their knowledge of the
localities of valuable silver veins from the whites and others.
Scme of ;hose are ludicrous enough, and others trigical
Of the former, is one relating to a certain priest, who had
been kind to the Indians, but prodigal in gambling away
his money. An ildian whom he had befriended, when
calling up .n the priest, found him sorrowful and almost in
despair. Learning ihat his sorrow arose from heavy losses
in gambling, the Indian, after some deliberation, addressed
the priest, and assured him he would now befriend him in
turn, by taking him to a valuable deposit of si've: ore, of
which he might bring away as much as he could dig and
carry in an hour. But to pr. vent discovery by others, the
priest was to be taken blindfold,and by night, to the mine
At the appointed hour of night, four or five Indians arrived,
and, having carefully bandaged tke eyes of the pr,,st, they
led and occasionally carried him on a long journey. At
length he was unbandaged, and found himself in a cave,
not deep, but foimed upon a very fine vein of silver. He
was soon at work with such tools, and such light, as the
Indians furnished to him ; ard, having loaded his bag, he
was again blindfolded and led out end away, an Indian
relieving him of his burden. P. had occurred to the wily
priest that he migbt retrace the course, if ho could drop
some small articles at intervals as h returned ; and he
had provided himself with an ample rLsary, the beads of
which he continued to drop every now ard then for the
whole way home. This ha did so secretly, as he thought,
that no write was taken of the device. Having r, ached
home, he was profuse in his grateful expresAoss to the
Indian, who deposited ,he bag :n his chamber and retired.
The mon ing had not, however, passed away, ere one of the
Indians knocked at his door, and entering said, " Rever-
end Faller, I have now collected, and do restore you, all
the beads of your rosary, which you tinfoctunataly dropped
last night."—. Lando* Quarterly Review, for 04t0er.

ANOTHER ACCIDENT ON 71113 SOUTH WESTERN RAILWAY.
—An unkrfunate accident happened on the extet sive
lin, of the London and South Western Railway at Ascor,
on Saturday night, Whilst the train was hang coupl,d,
the guard in charge of tha train fell upon tl'e metals
between the carriages, and the wheels of the latter
pais,ng ov. r one of his arms, n'arly severed it lom
hiy
body. He was taken to the Reading Infiinnry, where
every thing was done that humanity or surgical skill
couli devise, but he remains in a very precarious con-
dition.

IMPERIAL Donktrros —Some journals have sp )ken or
a donation of 20,000 F. made by the Emperor from his
privy purse to an officer at Luneville. The following are
details on the subject :—Captain Dulac commanded th?
morons& which was executed at that place before tho
Emperor. The captain was afterwards Sent for by his
Majes.y, anl iritead of a compliment, which was all he
exrected, was reminded by the Empe-or that his father,
the late Colonel Dulac, had contributed by his courage t.;
the release of the Emperor Napoleon I. when in danger
of being taken prisoner during the retreat from Russia
Colonel Dulae died without fortune, leaving several
children, Atli it is as a marriage portion of the young Finer
of the captain that the Emperor has presented him with
this sum.

THE NORTHERN TIMES.--LIVERPOOL, TUESDAY, OCTOBER 13, 1857

NORTh.

4S ► 152