Northern Times.
Liverpool, Merseyside, England, 1857-11-05 00:00:00

Coin and Bullion

$1,994 331 2,263 752

government Seenreties... 1,919,030 1,908,215
Bali of other Banks
Dae by other Banks.... 2 127.353 1,954 334
Discounts

Total assets.
The statement shows :
Inc ease in Circulation .... 6714,182
ineream3 in Deposits
Decrease in Specie
Incre4sa in Discounts
The Quebec Bank, the City Bank of Montreal,
and the Birique du Pcuple have contracted their
discounts. The Bank of Montreal has expanded
in round numbers 360,000 dole., the Commercial
Bank 250,000 dole., the Bulk of Upper Canada
327,000 dols., and Molson's Bank 187,000 dols.
The statement is a very favourable one, and will
do much to allay alarm.
The population of Canada has already suffered
from the stoppage of business. The unemployed
had held several meetings at Qaebee and elsewhere,
without, however, apparently bettering their
condition.
William M'Carthy, one of the men en2aged in
the assault on Lieut. Tryon, which ended in the
death of his companion Dempsey, has been
arrested, end centnitted for trial.
We have New York papers of the 22nd. tilt.,
but they contain no news of interest.
The Banksmare steadily contracting, and wilt
soon force themselves into a position, when a re-
sumption of specie payments will be their only
course.

Several of the City Banks have united in a
meeting to confer with a delegation fro: the
State Banks, in regard to furnishing aid to the
Interior for the movement of produce. The
propositions was favourably received, and the
banks pledge themselves to discount aceptable
bills at 30 and 60 days, drawn against produce,
and accompanied by the bills cf lading, to the
amount of 1 200.000 doll.
The New York Evening Express of the 21st inst.,
in an article headed, "When will this panic end,"
SASS:-

This i.e a question, like many otbe's, easier ask,d than
answere I—for a panic so senseless in the beginning ought
to have as senseless an end. If the banks could only
Tesume specie payments tc-morrow, lbe panic would then
blow over a few days ConSdence is what is wanted,
bat confidence is rot a marketable article—neith-r coming
nor going at the bid ; and hence, as it cannot be bought
nor sold, we know not just now how to get at its rest. ra-
tion. It is not true, as stated in many quarters, that tha
country has so much overtraehd. The Foreign Exehargee
*lid not show the everirade when the panic raged, nor
the statistics of irnpor a ion and exportation. It
is not true that we hive been so much more
.extravagant than we cculd tiffJrd to he for we
could afford more extravgance than any other peoplc
as earth,—inasmucs as the means of making or creating
values, existed here as they exist in no other country on
earth. It is not true that oar railroads have ruined, or
:should have ruined U3,-as, far every del'ar lost in making
railrcarls,—'en have b en V&A to the real and marketable
value of landed property. We were no worse off weeks ago
than we Lave been for four years, but better offin this, that
the Califcrnia mines are yielding more than c ver, cotton
Isigh and the crops everywhere abund,nt besonl precedent
almost. Pdnic, panic, nothing but panic, has wrought
the mighty mischief wa hare seen an I are seeing.—
and if we could enly enthrone "confidence" iu the banks
emosl..thr..tiarmim ne.e..milm, tin Leg. I.MY k Gai.tx
breath of the credit system, and where there is no con-
fidence there is no life in the system. It is all nonsense
to talk of the "Ohio Life and Trust Company," or of
twenty railroads doing the mischief that has been done
here—for their ut o • andhilation, with confidence existist-e,
would have been hut a feather in the air. We h .ve been
afraid of one another—and so frightened each other, tte.t
we have 'crocked the breath of life out of all commerce and
'trade. The cow,try is in a trance, not dead ; far from is
—and yet h)w g the trance will last, there Is no means
of predicting.

PASSENGERS PRR NORTIC AMERIC.kIq, S.s.—Mrs.
Strauberzia, Miss Woods, Mrs. Davies, Mrs. Maay, Miss
Leckie, Miss Sturgeon, Mrs. 'Anderson, Miss, Anderson,
'Mr. Lefroy and lath., Miss Kilgr air, Miss M'Dougall, Col.
Chaytor, lady and four children, Miss Chaytor, Miss
Stephenson, Mr. G imb'e, Mr. Kell, Miss Harrison, Mrs.
Barrowrcan, Mrs. Farley, Miss Farley, and two children,
Mr. Rowan, Mr. AA non, Miss Anderson, Mr. Dumford,
lady and two children, Miss Jarvis, Miss Wardsworth, Miss
Graham, Mr. Maitland, Mr. H. Piet, lady and two children,
Mr. Campbell, Mrs. Noble, nurse and child, Mrs. May,
Miss Boughton, Mr. J. fi, Stevenson, Mr. R. Ballantine
Mr. J. P. Gutch, Mr. Hutton, Mr. J. C. Chadwick, Mr.
Allmaw, Mak r Wbi more, Mr. C. G. Wade, Mr James
Graham, Mr. R. Graham, Llr. C Riley, Mr. Wheatman,
Captain Hayham and lady, Mr. John Barclay, Mr. H. J;
-Greenstreet, wife and seven children, Mr. Doraville, wife
and five childr-n, Mr. G. Gaily, Mr. M‘Hardv, Mr. A.
Yurgeon, sen., Mr. William Horn, and lady, Mr. Thomson,
Mrs. Goleing, T. Dowray, E. Hundforth, Thomas Bullock,
Joseph Warwick, v7illiarn Ryland., William Taylor, R.
Hawkthwaite, G. Perry, P. Murphy, wife and two infants,
J. Mart n, wife and two children, Miss Armstrong, J.
Brown, W. Wilkinson, T. Chapman, and wife, Wiliam
Rudd, C. Hodgson, A. Dumkworth, B. Hargreav, s, E.
Hughes, T. Saunders, William Lucas, Henry Laird, A.
Agar, G. Pearson, Mark Skutt, A. Nelson, J. Gilbraith.
M. Hatturday, wifa and two children, J. Prim, G. Adams,.
Miss Laird, Mrs. Gilbraith, and two children, William
Ballan'ine, J. Casey, E. Clark, William Hamilton, and wife,
Mrs. Riddull, 0. Riddnll, A. Riddull, William Pirie, D.
Wylie, J. Feral, James Frost, A. Simon, William Truoman,
P. M. Hedley, Dr. INV Farland, wife and child, John Short,
S. MlDong ill, D. Weaver, John Stakes, and wife, W.
Ragers, Henry Lye, T. Waite, B. Holmes, Samuel Black,
William Arthur, William Holmes, John North, Lilrna
North, T. Evans, T. Walker, J. W. Riglint, T Baylis,
NV. Grieve, John Kane, T. M‘Dougall, M. Mansfield,
)bert Burke, wire and infine, Mgt. Grieve, G. Prier, A.
Saw,er, C. White, D. Martin, D. P. Binihridge,
Foley, D. Baird, Mr. Davie., W. Redpith, D Sr. Le.vise,
B Davison, T. Lidjm un, William Noble, James Wood,
John Wiks, A. W rod, T. Fiazer, Mrs. S:ambroagh, and
child, J. English, R. Lockhart, B Quinlan, T. Short, Mr.
if our°, Mrs. Hutton, and chili, William Scott.

TIM ATTEMPTED LAUNCH or THE GREAT FASTERL—The
Times says—As all further attempts towards launching
"have been definitely postponed till the 2nd December, it
is not imposeihla that he fear as to her settling down in
the ways may be realised before that time arrives. With
a weight of some 12,000 tons resting upon new-made
earth the safdty of the vessel may become at any time a
question of considerable doubt.
FATAL Cl LLIEItY ACCIDENT AT DUICINFIELD.—John
Lees, a collier, working at the Dunkirk Collirey, Dukin-
'field, was accidentally killed in the mine on Tuesday, in
the following manner :—The deceased, it seems was work-
ing at the bottom of the incline, a waggon of coals beiag
at the top of the engine brow, when the stang of the wag-
gon gave way, and notwithstanding the shouts of the men
at the top of the incline, tho unfornnate man was caught
by the descending waggon, and so severely crushed on his
hack that he &el before he could be got out of the pit. tic
was 25 years of age, area leaves a widow and a child.
REMARK/01LE! —On T.e day, thl 13 h instant, as some
workmen were proceeding at an early hear from Pooley
Bridge to Sharrovv Bay, they were surprised by discovering
through the mist, on the b-,som or the lake, a covey of
par. ridges, upon nearing which they were all found to be
+lead. They succeeded in bringing 12 out of tee 14 safely
to land. The remaining two were picked np by a boat
man. This is a remarkable fact, which, we think, can
only can be accounted for by supposing that the fog had
-been so thick as to give the lake the appearance of lend.
and the whole covey having alighted on the surface, were
unable spin to rise. When found their bills were sub-
merged in the water, hut the upper part of the feathers
were quite dry.—Carlisle Patriot.