The Liverpool Standard, and General Advertiser.
Liverpool, Merseyside, England, 1854-12-12 00:00:00

ASSOCIATION,

e,°aPology is

---....-

eeded for bringing this subject ag

—not on:

for its intrinsic merit
,as the third annual meeting will shortly be held, the
n order

mind should be in some degree prepared,
the amount of support afforded to the gc
enable the Committee to furnish such a repo'

with satisfaction, and stimulate to increased
11s,. a work which promises such good results.
Liverßool has attached to her the stigma of vice-
44Itaorality, which unfortunately seems inseparable
she has a red

ked
tipo:

a urge s

a-port town,

quality

fic 1111Portance of which it is impossible to exaggerate
tkti
of be too widely known, nor too often repeated

"t the working-nu
tlaand (

a of Liverpool, more

than two

the va

ing the

suggest

obtain:

system

..,uutribute out of their hard-earned weekly wages
4-,!• ibr instruction in the blessed truths of the Gospel; •
4941. Clergymen are wholly maintained out of the fund
kt. Indeed, so cordially has this appeal to the
"<ett feelings been responded to, that the difficulty has
1,,r th been to find clergymen for the work,than an income
taik:ti °tit In addition to this, a considerable sum has been
for the erection of two new churches and school-
At,eB-"and all within the short space of time since the
"utiation was founded, through the untiring zeal of the
the Principal of St. Aidan's College,
ti 4 ?,,.."1111ead, assisted by many of the clergy and laity of
111 e -r°l• The success of the Association is a proof that
14te L'ght chord was struck when the working-classes
146.3,cited to become the promoters of their own true
1%1-'lbl and, as it is a proverb, that Heaven helps those
Itto.,1101) themselves, we confidently trust that the
11,1-'4ler classes will come forward with a liberal hand, as
k treater proof could be afforded of munificence being
ske, bestowed than when the objects of it display their
sincerity so forcibly.
Liverpool Working Men's Church Association is,
,I'ol/er, not only a blessing in our own town, but to
)- others —it will prove an example worthy of imitation;
we have much pleasure in giving publicity to the
131 Wing gratifying testimonial to its merits. The Lord
ii°4oP of LONDON, in his charge to the clergy of his
:cese, at his visitation, last month, called especial
Rion to the importance and necessity of providing
Ztual instruction for the festering mass of ignorance
ZlNzice shut up in the crowded courts and' alleys of the
,5.,51101.i5, and our large towns, and proceeded to say :
vkkintem then, poraneous, with the exertions made to qtpro-
means of building additional churches should be
Tai cc,rts to increase the resources "pplicaisic to the
'latilLe4anCe of additional curates. I ar.a.incllne
dstofebrel
that.
So`etich m /tete itre,dvonerye towardsemeiiwerealiTyngerfumnenthly
sub-
l',lnii,tioel'isbyfrcoom the poorer members of our Church,
.I.z:ahtlgli the agency of well-organised associations. The
rkable success which has attended the operations of
ae Liverpool Working Men's Church Association affordse
'. 1.
'?Ilg• ground for such a belief. It is true that e
tills mainl to be ascribed, under th
14 he untiringzeal and great personal effort of the Rev.
BaYlee, with whom the association originated ; but I
$11') reason for doubting that similar efforts on the part
qpttge clergy of other populous parishes, with the Co.t
tion of zealous laymen, would produce similar results.
Nsa e object of that association is, to provide additional
tI6 tes for Liverpool and the neighbourhood, whose week-
-Iti,' labours are to be limited to pastoral visitation, and
frltre to be engaged on Sundays, as far as possible, in
Ilitt 1,4 g new congregations amongst' the working. classes.
tailind 'which is to supply the means of paying such
:14,2 is formed by annual subscriptions of Bs. Bd. or 2d.
and under. There are at present about 2,000
40:tilbers of various sums, from id. to 6d. per week :
t3OO is collected in 2d. subscriptions towards the
:0411ng • °ll of two new churches. Two active committees of i
leer-rnen have been formed; nearly £4,000 have been
k -wed towards one church, and a site with £3,000 for
oth
all of which is entirely owing to the interest
;.41cr„• by the association. For more particular details I
'4lch. tmefer You to the report lately published at Liverpool,
tioi:l well worthy of your attentive consideration. I
of
tte insensible the difficulties which would attend an
it,)
e tof the same kind in the metropolis ; but, at the
ro I do not consider those difficulties to be insur-
Or„7,e ; and, at all events, I strongly commend to
0)144 Ntni attention the main principle upon which such
trien)ceeds,—that of interesting the labouring
tii3i4/33 of local associations, in the work of church
t,,,eksej,„ll, as being one which is eminently beneficial to
‘`rilet"es, and which they may themselves effectually
ktka, testimony is invaluable ; and we trust that, at the
approaching meeting of the Association, the
`l4t Zal support which will be afforded to it will show
yore gentlemen of Liverpool can sympathise with the
g.
_classes, and appreciate their praiseworthyexertions
"'tiligliest and holiest cause which can animate a
being,

,
Lr• 8.,,,,

'OODIMENT OF THE LIVERPOOL
REGIMENT OF MILITIA.

T L EDITOR OF THE LIVERPOOL STANDARD.
%4.4,--As this corps are to be embodied next week, I
li,ks propose that, previous to their leaving Liverpool, a
OP should be given to them by their fellow-townsmen.
kkj`Tht take place after divine service on Chistmas-Day;
LOveather permitting, be spread on the parade ground,
^k) n. The expense of providing plum-pudding, &c.,
VI be defrayed by small or large subscriptions. As
Irll embodied, many, if not all the men, will volunteer
Fib
regiments of the line, in the Crimea, we may never
y 1 another opportunity of showing our attachment to
2nd Royal Lancashire Militia.
nerton, Bth Dec., 1854. A TOWNSMAN.
have no connexion whatever with the Militia.

,1tpi,,,,-41AIN STUART, the Conservative candidate, was
~V4„leci for Bedford on Wednesday. The numbers, at
vt}-,:vise, of the poll, were—Captain S,uart, 422 ; Sir G.
Nctrawney, 331.
les 4CB Or EITGLAND INSTITuTiox.—The second of a
tiltitt,4?! six lectures, given under the auspices of this
it-"°ll, was deny' ered last night, in the Hope-hall,
tpreet, by the Rev. Dr. Baylee, Principal of St.
h111:,414 College. The subject selected for illustration was
Private Judgment : their limits and respon-
t44b The attendance, though highly respectable,
inter numerous ; but those present listened with
ohleti''erest and deep attention to the elucidation of the
014, afforded by the reverend lecturer. He gnc
e.?! various instances in which private and avehapul i
Might appear to amalgamate with each other,
a'lstoci those with cases in which they seemed
Arl'e tzl'aßonistic; and drew a line of dem,rcationlst(
IN the ceY 'nay he said f
onclusion, a vo
111441..
; °Lt
'0 # ttlat Ti
,110,114.
..a!ices in which t
40 "of humanity,
tt,;?,l4w‘l,:rlike action and

'e the r

though not

Wm- •
It re., existent, as
it:re_sents an am
Nitk after the battle of
tl„the ee hard-fon
field, accompani
le dead. tt

ficers w

1 by the'di

hichinc

1;41 ilZrel
Ifoawl
ktiot,4 80, Idle'
th:B that
dpll4.,;(leut has been
lqtltrses of a capiti
4 4 ~ e Portraits of s(
41,4sitZe!rals, includin
Air
and Berthier. The drawing, cowl].
VA and u,
Pteture
is soiliacvla oaft 2refictu,rsegneel)yo,weeLrfulleiyji

with deep

he has intro

he most

NEWS,

;iced during

e Public Funds, the improvement in
n between one and two per cent.,

e conflicting statements respect-

and probable effect of the treaty
' has been occasioned no

of confidence L.

so much by a belief of a speedy return to a state of
peace as by the tendency of the treaty to simplify
European affairs, and concentrate the energies of
the allies against the aggressions of Russian
ambition. It is said that the financial schemes of
the Chancellor of the Exchequer will not comprise
a loan, and this has prevented any counteracting
influence on the favourable impression produced by
the Austrian treaty ; but money has been more in
request, owing to the transfer-books of consols
being shut. The foreign exchanges are considered
somewhat better, so that there is no immediate
inducement to ship gold to the Continent. The
Bank returns of Friday show an increase in the
stock of bullion to the extent of £160,229, but the
circulation of notes has diminished to nearly the
same amount ; and there is also a decrease in the
other securities to the amount of £139,678 : so
that the returns afford little evidence of any change
in monetary affairs in either direction.

We have commented in a leading article on the
position of the money market with reference to the
gradual decline in the available resources of the
Bank of England, and the necessity of some change
in our system of currency, in order to meet the
requirements of our largely-increasing trade, The
length of time at which a high rate of discount has
been maintained is in itself an evidence, that some
alteration is needed, and we direct attention to the
'ave there made as a means of

an expansion, without disturbing the
ecurity supposed to be afforded by the present

In the cotton manufacturing districts the recent
improvement has been fairly maintained, but
without any further progress. The downward
tendency of prices has been checked, but it seems
difficult to obtain an advance, purchasers appearing
rather inclined to wait the turn of affairs. The
woollen trade shows signs of improvement, and, as
the cold weather has now set in, a return of activity
is confidently looked for. The hosiery and lace
trades are without alteration.
No reaction has taken place in the corn market,
there being only a slight cessation of the decline
which was general a week since. No business is,
however, doing beyond the demands for immediate
consumption, and any extent of importation would
operate to produce a further decline.

The return from the Bank of England for the
week ending the 2nd of Dec., gives the following
results, when compared with the previous week :
Public deposits ... £4,994,893 ; Increase ... £212,503
Other deposits ... 9,759,246 ; Increase ... 43,937
Rest ... 3,121,642 ; Decrease ... 54,557

On the other side of the account—
Government securities £11,517,738, Increase £56,035
Other securities .. 13,710,468; Decrease 139,678
Notes unemployed
The amount of notes in circulation is £19,616,790,
being a decrease of £133,185 ; and the stock of
bullion in both departments is £13,870,023, show-
ing an increase of £160,229, when compared with
.the preceding return.

ISSUE DEPLETMENT,

Notes issued ... £27,244,460 Governmt. Debt £11,015,100
;Other Securities 2,984,900
(Gold coin &bu11'n.13,244,460
;Silver bullion

£27,244,460

£27,244,460

BANKING DEPARTMENT.

£14,553,000 Gov. Securities £11,517,738
3,121,642 Other Securities 13,710;468
Public Deposits 4,994,893 Notes ... 7,627,670
Other Deposits 9,759,246 Gold & Silver Coin 625,563
7-day & other bills 1,052,6581

Prop. Cat
Rest ...

£33,481,4391

£33,481,439

In our SHIRE MARKET there has been much
greater activity during the week, and prices of all
stocks and shares have advanced some two per
cent. Business has, however, been principally
confined to speculators, who appear to be acting
with great confidence that the public will follow
them up at higher prices. The stocks which have
been most sought after are Midland, East Lanca-
shire, Lancashire and Yorkshire, and Sheffield.
Midland stock and Sheffield stock have advanced
materially, owing, the former, to an advantageous
arrangement with the London and Northwestern,
amounting to an amalgamation of interests, un-
sanctioned by Parliament ; and the Sheffield, from
some private negotiations which are said to be
going on between the two great companies now
united, and this company likely to prove beneficial
to it. London stock is heavy and neglected, a
good deal of this having been sold lately. Our
local stocks are steady at former rates ; a few lots
of Insurance and Bank shares have changed hands
at current rates. We annex prices :—Caledonians,
301 1 1; Eastern Counties, 11.1 ; East Lancashire,
171 ; Lancashire and Yorkshire, 73 21 ; London
Stock, 100 ; Sheffield Stock, 231 4; Midland Stock,
69 81; North British, 8 ; South Eastern, 18 17
15-16 13-16 ; Manchester, Sheffield, and Lincoln
26 new pref. shares, 4p ; Chester guaranteed by
Great Western, 184 ; Pacific Steam Company, 46.
COTTON.— The more favourable aspect of po-
litical affairs, and the improved demand for manu-
factured goods, have induced a larger amount of
business ; but there is very little speculation, and
the demand is almost confined to the trade. The
sales for the week up to Friday, reached 42,610
bales, of which 1,480 were taken on speculation,
and 3,110 for export, leaving 38,020 for the trade.
TO-DAY, the advices per Asia were received with
reports of declining prices in America, and an
abundant crop, but the only effect here was to render
the market slightly easier, there being no alter-
ation in quotations. The sales amounted to 7,000
bales, all of which were for the trade. The fol-
lowing is a comparison of present rates with those
of the corresponding period of last year :

New Orleans, middling
fair ...

Uplands, middlir,
fair

. SALES. .
I
)ESCRIPTION. PRICES. Week Previ-
ending ously
Dec. 841118 yr.

Sea Island

Stained

Boweds 3S
Mobile 3i
New Orleans. 3S
Pernams, &c. 6S
Bahia, &c. 64
Maranham
Demerara,&c

Egyptian 5
Com.lV.l.B:c. 41
Surat
Madras
Bengal

210 27120
20 1430
9340 453930

5i 6310'1 240000
74 17490 910460
74 420 43440
6B 300 28790
64 420 35660
- .... 660
04 2070, 106130

50 7550
5980 302620
.... 10910
2060,

42610 21713601