The Express. — London, England, 1851-11-01 00:00:00

I. ::' , ,1 Ttt 4lfprt4% No. 1,619.] LONDON, SATURDAY EVENING, NOVEMBER 1, 1851. [THREEPENCE. z- - USTRALIAN LINE OF PACHEr SHIPS, 6 „..vtp. r.T Melt. rid Motor Wodoos Om VAX DISMEN'S All, rota rUIUP, SOUIII SUSTVALLt. IM—Tasis oohs. dW Ai; 6 In ell at tir trot rims. taw east inert aossamsdosion paw , * I 4 and mooniest' wit `item Or Moir days of The CHAIRMAN referred to the statement of lsso, ' wherein it appeared that they were then 99,0001., and 138,000'.i but now the whole construction debts amounted to only 173,4001. The whole amount paid off since Imo sou 74,0001. The report was then adopted unanimously. A resolution was proposed fur issuing deferred dividend marmots for the 6 and 7 per cent. shares, for the portion of dividend fulling due on the first proximo. MONEY MARKET. considerable period of time. There is another eon sideration, however, of a less favourable character, which must not be overlooked in a notice of this sub ject, and this is the decrease of employment for our able-bodied labouring population, and the removal of the encouragement previously given to those im .. THIS DAY. Two o'CLocx, This being the lst of November, the day fixed for striking the half-yearly balance at the Bank of Eng land, the transfer offices of that establishment arc closed, and in consequence the day is observed as a close holiday at the Stock Exchange. We have therefore no report to make. - 18ABKLI AWATiONI al bLVAILLE igPiag • F. ran eq. 10 Sew. 10 co,. 10 Mr. MUNICO protested against this resolution, for it would, fender the 7 per cent. worthless; the mere announce ment had made the 2!. 10s. go down to ten shillings. He would advise that these shares remain as they were, instead of being affected by any such resolution. The CLUIRMAN put the motion, which was carried, the only objectors being Mr. Munro and Mr. Jenkins, the mover and seconder of an amendment._ portant branches of the ind istriof the country, the iron and machinery trades. The account of the position of the Bank of Eng land for the week ending Saturday the 2etk of Oc tober, published pursuant to the Act 7 and ti Vict., c. 32, is as follows: BAN I, Olt EN ULAN I.l.—Aceon.e rue the week main.: t h't 2 36 1461. i..s r. 011 • IITIIIIIIT. owAuom am sad tl. New Us- 1 Kw. 10 Pori..' Tor ii M Way to the ozetersteueoL who ate oat it.ati •r itemeakm free Irehe ships (emir twirls) le ere of the Amaratha sO., MARSHALL red RDRIDOIL $4, remeherelt-etreet. After the election of directors, and some other routine tuiness, a vote of thanks was passed to the chairman and directors, when the meeting adjourned. Note- tinted Oorortmtcat ZlI,41%1(1) Utl.er . . • .944,960 GO:4 Coin sn.l Bnti o 14,5a1,14s Nlka ituUlna V 3.614,515 P . lions which may still take place." The advises from ems continent are certainly of a character to lead to w the belief that while quotations continue so low as i they now are in this country, consignments will not be made to Great Britain. In the north of Europe the price of wheat is is fact higher than in this country, and as the rye crops—the main food of the ' population in those regions—have partially failed, the price of wheat in the Baltic is not likely to be immediately reduced. Besides, the season is so far advanced, that shipments of any importance could scarcely be made from the north of Europe to this country. I know that in many districts there has been a considerable failure of the potatoes, and my own observations lead me to doubt whether any large portion of that crop will keep well. On many parts, of the nearer countries of the continent, the corn, crops are not considered good, and already has some wheat been sent from hence to Belgium. There is also a new feature in the wheat trade, at least, newly revived. I allude to a growing inclination of millers and others to get into stock, and not to go on pur causing from hand to mouth as they have universally done for the last three years. This point is referred to by . your lugubrious contemporary, who says, e natbmg has transpired to lead to the conclusion tbs the favourable yield of our own harvest has WS overrated. We should feel no surprise if isevehants and millers should be leseplett by the superiority of the quality, the fine condition of the new wheat, and last not lost, the low value of the article, to depart from the system of purchas ing from hand to mouth ; and instead of confining their operations to as narrow limits as their actual wants have allowed, deem it prudent to add to their stocks. This, under the eircemstancee, could seemly be attended by risk ; and it is this feeling which has imparted a somewhat firmer tone to the trade." And the same authority attributes some of the advance of price in the Baltic to speculation. So Messrs. Sturgc in their circular of the Ist of October say, " there has been with a change of weather less disposition to press sales on the part of our formers, and a greeter inclination with our millers to increase their Mock ; and at the present time a general feeling exists that prices have reached their lowest point. And they add that though the wheat is generally good in quality, and in some districts rather large, le deficient is not a few localities, and they doubt whether the crop will be above an average. This may be applicable to the west. but in the home, vadland, and eastern districts the crop is certainly, both in quantity and quality, above an average. They also refer to the losses corn importers have recently incurred as likely to check speculation in foreign grain until the prospect of profit becomes tolerably clear, only to one from a large advance of peke. From this cause, and the state of prices at home, they anticipate a more complete suspension of arrivals from abroad than has occurred for some years. The Mark-lake Expr, is account of the wheat crop agrees with my own view. Both barley and oats have turned out to be much better crops than were at one time expected. Messrs. Bturge tell us that in their district the crop of barley has proved better, both in quantity and quality, than was anticipated, but that the breadth of land planted is unusually pascl. 'that it has been secured in the best possible condition is certain, and has been more exposed to rain than the wheat. A greater profit will be made this year, in many in stances, front the barley crop than from the wheat, the price being relatively so much higher. At Mark lane good barley is worth 30s. the quarter, and up wards; and at a recent sale by auction at Hayford bury, near llcrtford, there the corn crops were sold at per acre of the land from which they had been gathered, the wheat sold at 61. per acre, and the barley at 81. per acre. I know many eases in which fanners last spring planted spring and April wheat instead of barley, being dissatisfied with the price barley had been realising ; and I have no doubt this has been extensively acted upon. Hence the breadth of the wheat crop has been increased at the expense of the usual breadth of barley. I do not find those who have tried the experiment very well pleased with it, for the April wheat sown after feeding off turnips has generally proved but a mid dling crop. Still it has gone to increase the large breadth of wheat sown in consequence of the fine season of last autumn. Northward and in Scotland, where they are more in the habit of growing spring wheat, I have heard of some large returns from that crop. It is satisfactory to find that the wheat crop on the Lincolnshire and ('ambridgeshire fens, which was at one time supposed to have been se riously, if not irreparably, Injured b y the cold frosty nights of June, will prove to yield fairly, both in bulk and quality . ; the grain is somewhat coarse, and the sample is mixed with blighted corn, and the weight ranges from 61 to 14 lbs. the bushel, which is full 311 rs. to the bushel heavier than the best wheat of these districts lust year, and the propor tionate increase of corn per acre is fully equivalent to the increased weight of the corn. In short, the wheat on the fens is considered to be equal to that of good average years. In the north the wheat is not so good as in the south, and it is thought that a good deal of the tine wheat of Essex, Kent, and Suffolk will this year be required for the use of the north country manufacturing districts. Front va rious causes I believe there will be lees wheat planted this autumn—first, the price is not tempt. mg; next, though the weather has been very tine during Seeitember, the harvest was rather a late one, and I queation,whether the autumn work is To THE EDITOR OF THE DAILY saws. I quite so forward as usual, and present appearances Stra— During the present century wheat has not seem to indicate the probability of a good deal of been so low in price as at this moment. The agree- rain. Many farmers, too, have teen trying during the gate average price of wheat for the six weeks ending last two years to increase their quantity of wheat ea the 4th id Outober instant, is 'Sas. Id. per quarter ; ' ther by sowing more acres than by better preparation at this time lam year the like average price was 43e. of their land, and such unthrifty men must, perforce per quarter. And this reduction has been caused sow fewer acres of wheat. On the strong land also by an abundant c.-op of good quality grown at home. barley will take the place of wheat after a fallow. Last year's wheat ,crop is fully proved to have been Farmers are everywhere turning more attention to a deficient one, and the groin was generally of indif- the breeding, rearing, and feeding stock, more espe (emit quality, an d e llelmportations of foreign wheat chilly sheep, an increase of which stock has been and flour were very considerable; the effect of strongly urged by great agricultural authorities at which was to keep dm vn the price of wheat to the most of our autumnal cattle shows and ploughing point I have meutiones A. There can be little doubt matches ' • and this is a recommendation which may that free trade last year prevented the farmeni from be very safely adopted. Though my own predilec obtaining, and our pope dation from paying, scarcity lions arc in favour of cattle, I must centers that prices for corn. l giv c the protectionists the full sheep have, for some time past, paid best. The mis benefit of that arguments arainst free trade in corn ; take, however, made with regard to cattle is that in it assuredly saved the nati. an from a deficient supply ferior stock is kept, and when fattened they are sent if grain, and, I must ad, 'nit the corollary, it did to market in a half-finished state. Throughout the compel us farmer s to sell our scanty crop season the bullocks at Smithfield and most of our of wheat at a moderate instead of a scarcity other fat cattle markets have consisted largely of in price. Yet that necessity to which my bro- ferior and half-fed animals, and a good deal of the thee farmers did not aul snit without bitter low-priced meat quoted consists of such animals ; complaints will prove to I. r of signal advan- and it is with meat of this class that the foreign t.tge to them; it has taught tie sin that most impor- meat comes into competition, the best foreign beasts tint lesson, not to rely on high price for profit, but selling for about 2s. lid. per stone of Blbs.,while some to strive might and main for ala rge produce. Tho of the Dutch calves have only realised in Smithfield past season has been, in nuiny res pests, a favourable Is. 10d. per stone. Best English cattle will bring one, but what I have observed in various, indeed in 3s. 6d. and 3s. Sd. per stone—not a high price me rriest, of our agricultural districts, during the last tainly, but still one at which a farmer of intelligence three yea rs , lam justified in assertii tg, that a consi- may do very well. For some time the butchers have demble por tion of the abundant crop we have just been making very considerable profits, as I well harvested is due to the more than I =Ally careful know from occasionally killing meat on my own preparation it had undergone. All far men of core- farm ; and assuredly private families have not the potent means redoubled their exertions to obtain a • reduction in the price of meat the low rates at which good crop of wheat, and, favoured doubt Less by the farmers sell their fat stock would justify. In the season, they have succeeded. , country . I think competition in this like is, however, Our own produce has this year reduced the ave-lincreasing, for I observe a number of jobbing dealers rage price lower than the most unlimited importa- arc killing a good deal of mutton and beef. Lion could do last year. The nearest approach to the Even now meat is dearer in proportion to corn present price was that of 1834, w h en th e arm age for ! than in past times. Adam Smith in his " Wealth wheat was 365. per quarter. But though tb e ave- of Nations," tells us that it appeart4 from an appen rage price o f th e l ast s i x wee k s i s t h us l ow , there I dix to the " Lib of Prince Henry" that the pnee he sterns to be no doubt that th e lowest point h as been I paid in his household for beef, bought by the carcass, primed, and that for various reasons—some of which ' about 1610, amounted to 3 4-3 d. per pound, wenn will refer to more particularly presently—there is and choice pieces taken together, sal adds, "la that reason to expect some advance of price. In corrobom- rate the choice pieces could not have been sell by tion of this view I shall cite an unwilling witness, retail for less than 41d. or sd. the pesaL" la tie that inveterate grumbler the llark-kuse Express, parl iamentary inquiry in 1164, into the callosi at the which in th e review of the earn trade says—" The h prices of provisions at that time, Dr. Smith n dowward movement in prime of wheat has te as " the witnesses stated the price of the choke " lelgth received a check, and the prevail- pieces of the best beef to be to the consumer 4d. and ine opinion now is, that the rested point of 41d. the pound; and the coarse pieces in general 110 depression has been past; how far this may prove be from lid. to 21d. and teld. ; and this, they sal "'nut, will.depsed ea the attest el the Importer was in general owe hallyeany dearer than the IMP UNIVERSAL NEWSPAPER OFFICE, for tho ■~K *amity c 4 the 1.9116.81. Cowry, Portia Loot bol o . t&I, mad %motets Popm—THONAS sod CHU 111 to fl, Or Isemiar-atred, OtroaL DUTCH FLOWER HOOTS.—'THOMAS F. antmao2l, 11 a. cammeedB4lsiet. /LlBerwer, 10•62.115 p, at WI 812124 Mos fa s smes2 M -Tr., red Ofwildia • Ow ilegal i 0221111011.11 12 lir unird Prosaselm Ils•simed Ms ~... 1 '1 Sr Named Iris 11 las aimed Nomi.... , IV alio umed If fits raid doubt. Arrogate. DO lutait Yelins= • 12 aser,cent. at Jonquil.. 30 larweet Ohm linen. 12 ( wag enroll.% J. 'And.. 30 larowt Wt.ite Cr rim All wart isted Midi boots of lti, best count , . whirb wil. be deli. wee d !fire of Cali we, It any railway station in Knieliiiiil, lied at all ibe ging , of to. I ril ivil Orland that hart direct ainienuntealloo witli Linden, 6.r Tao Guilts s. Or hurt • € 013100.11, ball of wieb of the w.ore for Owe Guinea. - - I EIVELLEItY. 1.101)1). BitoTliEtts, 40, tp (Man•!•ws.hett.e Ade), }rwrlter+, ollvermillm and "Mc/m.l,er., be t e to /...iort tot to/vett/on of theit exterome ASSORT. NEN T ol /Er 'ORNAMENT+. tura*/ a stmk of the eboiet , 4 mice tml sem.t dmtote im emlut, 'troche*. Omelet% loop earring, to U. b.. net with ENRY MILL, I). I( 171, 111, and 149, OwILD-11TREE1, 1.0 N U 0 N , re aaanteadr hit 1114thlpinahed 0411.14 WATCLIEK, of the 110E1 7M4 (AL CONSYMUCTION, GOLD 1.1AL. 4 , JEW ELLEU, arc., a Foe Guineas each. In -ilv•r Coe, at Tama and.a-11.1( Guittea. etch. NEW allOW.lontma, VI, rshAnt aa extend., amvetawnt of Nen and eb,(7llNl)-11ANI) PLATE. and the NEW ELFA7TR(t and othtr PI ATE) (14101)N. at exceedingly t cdatatd puma. 119. fine cold JEW/1.- I.IMT is miler( Tarim,. Fuse ted . (horde, ban NOG. e.th; also AL. BFRT el1A11 1 4 4 „ Irma Irac ma 1.. hatilet. anataminn tar UM of Nieto aol eketchev, 1011 be arm .• r ;vet, tree. as appllnd ashy letter; and so ealy applicetiva M' M.IMIt Nor he Addrma —l7l, 171. rad OXFOiII-lITREET, o T 4 ' LADIFA—ROWLANDS' ICALYDOIt, for the ekia ano eonipiellab—lt Y tielinaidehed keit. eitrehehli hett ei.•ol • the ekia, wile, W its baba oh !Mr Wel* and la 4 nule •oet Wary wee* It expel* all impieties t•• ..Ire rue /ace, allay. envy Indleney to isilabwitino. r tNe t.ltatra ndmia, tan, pimple" spot% Melo* dia. at 4 t•ther tiol•••1010 Villedi••• The ?reliant Mien it {.1.1,11t* t.. the eht , A, latiims rad daileney oho* 4 **asap ea thr hanh arm% white 4 adivintile 'hely toilet Geo llebenh site Artvhir, will UM* Ow ad inisitim MU teramenon Si Ile ~Me, and :encl., It oak Ilmenraleparines *Win , be rile. TM " •arawathe maw Alinlbia pie ordabb. me "b. =mg and Orbs se re els esonowl cm Ibb polimont stomp as .melt i.arn. No NAL Li.—ATM by them, ad by thentela aid FIInIiMMOIL En:THOUSAND CURIPS WITHOUT ME ars% N. by MC BARIUM 11211ALENTA ARABICA FOOD. 4110111:—.01111 yawl bminalitubb away tram asusawisee astiama.teaalt,loll 4 iplti ishileurf. Yam= al as elmait, magi vasaltlat.. Am hews renewed by las Bany's es. MIMI boil! Nara Jelly Wortbsn. L.I. maw 100 . PitUdilL Oue Oa 11. al daspelpeld from Ilse Mica Ilea. Us Lard Rawl I de 011101—. I Mu &Wed eaas.desabia What 'TOM 7ov Food. 1101•00100 It dos la yaws Ives awl Ms yobs le tba odiallatka dams Bans'—Stuart de Main. Iltdd ta anisatta....ll al isle.; _ ! lA. at I. 04 . Alb.. at tl.; It Os. UM. 11 0 P ., 110010. 10 0). at Us.; 1 lb.. at tbs.; Ur II lb. sad U lb. wigglers ar• mat km ay tamale .0 tense. o: P A-ohr OrdetA by 10t* Min cad 6.. I it, Nes Boad.st— Leaden. al, 0) loaseetembs iamb U. Wag N i tiaal•treet, Rbsoost.,b,evet. • •• 1 ; I #~ ';.., • 5 Ab 11 0 eN l';* 11 ARLO W' 8 NEW IN. JI• --- ~ 12 TEN! ED SELF-ACTING SYPHON Ie i i- 4 A Pre," . ..Tva,',. 4 2::.Y.11; P rV4 , II 4- : that the Mat pint Mall be drawn asp.' as *-- • A t ... 1 ;#1 . 1 . 1 r --.-- - • ...... - N/ ---- ------ i I. ; , the Gest; warranted to repay Ito coat In 1" \ . , i i two cots of ale; prim 4s. MI.; ditto E 2 . 11 • @Metro-plat , d roe Minty, Me., r.. v Theob.' , entreating will explain It. action. mMa the loose ki y is fitted an the tot. or the nine' (which hat a bole op. - i .I. - matte the airitoballi, sufflrient air robe. II ' 7. ii . r throu,b,t 'Mu the ark to inhume the liquors to run off freely; when Ow tap is turned r. != MI no none air can enter. JAMES BAKU IRS, 14, King William Meet, Manoon-bousie. Established 1420. .. .. . .. N.B.—Yens ars gentile/except stamped vh h. mane sad addle'.. -- J . 11. trachea ar..th. a tev method ed Died casks. immuned to nr.tght all .rtl una it, and row lies Whideaste owl retell his NEW ‘4.NTEI) TAP Wit PPERS (to evelemeda the hallethw meth& tworrh n! 64. am., 1.. roe MIS. The trade sipphed. N.N. It Is la the tin at Eshlllithle. EWE= ff. INN Ni BRITISH HUSBANDRY.-PRICES AND PROSPECTS. sort of pieces had usually been sold in the month of March. And he goes on to say, "but even this high price is still a good deal cheaper than what we can well suppose the ordinary retail price to have been in the time of Prince Henry. During the twelve first years of the last century, the average price of the best wheat at the Windsor market was IL 18s. 3 1-6 d. the quarter of nine Winchester bushels. But in the twelve years preceding 1764, /Deluding that year, the average price of the same measure of the best wheat at the same market was 21. Is. 91(1. In the first twelve years of the last cen tury, therefore, wheat appears to have been a good deal cheaper, and butcher's meat a good deal dearer, than in the twelve years preceding 1764, including that year." For good beef we cannot obtain sd. per pound for the estimated weight of the like animal, and mutton is still dearer, while the average price of wheat is as I have mentioned, or 355. per imperial quarter. I confess that I rather look for a reduction than an increase in tho price of meat, on the long tun, because all our modern improvements in fanning involve the feeding more stock. That the return from all kinds of pulse is good is certain, and all articles used for feeding purposes are unquestionably abundant, so that the fanner will graze his stock at an easy rate ; and lean stock—that is cattle—though welling better than last year, can not be said to be too high to afford a fair profit for feeding, even at present prices. Indeed, it is ad mitted on all hands that our farmers have now a fair chance of recovering from the effects of the losses from the indifferent crops and low prices of last season. I would not, however, raise any expectation that prices of grain will experience more than a moderate rise, tier though no great quantity will come from the Baltic, the wheat crops in America are abundant. In a letter received a few days ago from a relative of my own, farming in Canada West, he says the wheat crop of his district is extremely good. We must always remember that the average produce per acre in America is low, and that the cost of inland carriage and the long sea voyage must always prevent more than moderate supplies—com paratively speaking—from across the Atlantic. Farmers generally are more cheerful than they have lately been, and such of them as have the means and fair tenures arc applying themselves earnestly to make the best of things as they are. I don't meet with one man in twenty amongst them who has any serious expectation of reviving the corn laws, and most of them see plainly enough that it must be by adjustments with their landlord' they can alone get out of the false position in which they have been placed, by submitting to occupy their land as yearly tenants and by a reliance on protection. But this cannot be done all at once, for some fanners are not sufficiently independent or intelli gent to deal advantageously for the adjustment of their contracts, and three will drag on until the efforts and remonstntnets of better farmers shall have convinced the landowners that it is for their own interest to place the relations of jandlord and tenant on a better footing. And this class of farmers might be assisted by their landlords far more effectually than by mere abatements of rent. For instance, I heard that on a large property in Mid Lothian, the proprietor, instead of returning some part of the rent, has required it to be laid out in additional manures, which will of course increase next year's crop; and probably if the system should be persisted in for a year or two longer—unless they are hopelessly incapable—that their farms would have become so much increased in productive power, that let prices be ever so low they could go on with- I out any fart her allowance or reduction. The sort of aid landlords can afford is that which enables or in duces tenants to help themselves. All this is worse than useless. A :MIDLAND COUNTIES FARMER. (To be continued.) ABERDEEN RAILWAY. The half-yearly meeting of this company was held on Thursday at Radley's Hotel, Blackfriars. ALEXANDER Plum Esq., in the absence of Lord James Hay, took the chair. Some observations were made, previously to any busi ness being done, in respect to the propriety of publishing the names of the holders of the shares which had been for feited. Ihe CHAIRMAN said there would be no objection, but he thought it would be very unusual, looking at the period at which the shares were forfeited, namely about three years ago. A PROPRIETOR asked if there were no minutes to be mud of the last meeting. The CHAIRMAN said it was merely a meeting for con sultation, end to explain to the shareholders in London the state of the company's affairs. Circulars were sent only to such shareholders as held 2,0001. of the company's stock. No resolutions were come to or minutes taken of that meeting. . . . The beat was then affixed to the register of proprietors. The minutes of the proceedings at the meeting in Aber deen were read and agreed to. Mr. CARRINGTON then moved and Mr. COVER Seconded a motion—" That the names and holdings of all the share holders whose shares have been forfeited since the corn. mencement of the company be printed and sent to every shareholder along with the proceedings of this day." The motion was carried by a majority. A I.ll.ol' l llE'f Oli asked by what right they forfeited a fractional part of a share. The CR AIRMAN said they . did not forfeit it, but only stated that they would nut register a fractional part of any share. (Hear.) The SECRETARY said it did not allude to the prefe rence but to the 50f. stock. " ' ' • Che report was taken as read. An abstract of it has already appeared in this paper. The CHAIRMAN, in alluding to the substance of the report, wished to correct a statement which had gone abroad that the company would have to apply to parlia ment in order to pay the construction debts of the company. The shareholders might naturally take alarm at such a re. port, and therefore he would just mention that the cash at the hankers was 7,2.41., which, deducted from the 198,7001., would h are 191,49 if. to be provided. There was a further suns of 10,0001. due on revenue account, but, irrespective of that balance due to the shareholders, there were the arrears on the preference shares, which were included in that 108,0001. so that they did not require fresh capital from parliament to pay the present debts of the company. (Hear, hear.) The directors had sufficient power under their present acts to pay their debts, and a surplus would remain afterwards. liiiiii'RlETOß asked what balance would remain The CHAIRMAN replied that a surplus would remain of about 20,0001. (Hear, hear.) A PROPRIETOR asked if the 150,000/. already raised would be sufficient for all the requirements of the com pany, and if that 20,0001. would remain afterwards ? The CHAIRMAN said that parliament had given them power to raise, under various acts, sufficient money to pay the debts of the company, and that such powers would raise 20,0001. more than was required to pay the debts of the company. (Hear, hear.) After some observations, The CHAIRMAN stated that since the closing of the Exhibition the passengers bad gone on increasing, as well so the goods traffic, which latter was now being greatly de veloped. Now, what the directors wanted was a further increase of the present revenue on goods to the extent of 3004 or 4001., which they thought was quite possible, and 1.301. on their passenger traffic Supposing this done, they would be in that favourable position of paying all their pre ference shares. Mr.l.Ubii)EN seconded the adoption of the report. Mr. GEACII thought it would be very satisfactory to the creditors to see Mr. Beale, the gentleman now proposed, placed on the direction. Mr. HUTCHINSON wished to know what was meant by consolidating the arrears of dividend. He thought it looked like another name for confiscation. (Laughter.) The CHAIRMAN replied that the consolidation would not apply to the old stock of the company. He would never dare to propose such a thing. (Hear, hear.) The directors thought this plan of consolidation would be a benefit to the holders of deferred dividend warrants, because they did not can any interest with them. Mr. HUTCHINSON had in his pocket a paper sent up tram Scotland, wherein it was stated that the claims of the creditors amounted to 167,0001. The CHAIRMAN replied that he could not answer any anonymous statement like that. A detailed statement had been published by the directors in 1850, which the board believed to be correct; beyond that he could not go himself. ______ - - Mr. HUTCHINSON found in the list of creditors the name of Mr. Beale, who was stated to be so to the extent of 27,0001. • it was a question therefore whether that gentle man ou g ht to be on the direction. (Herz, hear.) The CHAIRMAN said that this claim was for rails fur nished to the company; it was no contested claim. A PROPRIETOR. asked what was the real amount of their liabilities. COMMERCIAL AND MARKETS. WEEKLY SUMMARY OF THE PRODUCE MINCING -LANE. SATURDAY MORNING. In the colonial markets much depression prevails, and there is very little disposition to operate in any article of prottaao. The sales of Sugar have gone off very heavily, and rates rale 6d. to Is. per cwt. below those formerly - current. Moires there has not been a very large quantity brought Ibittird, but importem oteitylsn have been compelled to ac cept lower rates. The Spice sales have been rather consi derable , Cinnamon, which has sold very irregularly, shows in many Instances a decline of 3d. toad. upon the rates ruling in July last; the inferior kinds of Nutmegs have gold at a reduction of Id. to 2d. per lb., and Cloves, also, on rather easy terms; for Mace, however, there has been good de mand at 11. to 2d. per lb. advance. The Tea market has been flat, and but little business done by private contract The publk sales commenced on Thursday, and up to the present tine 22,900 packages have passed, and nearly 8,000 packages tare found buyers. TALLOW MARKET.-THIS DA/. The mamet is steady, with a greatly improved demand lb, consumption. Prices are quoted as follows .—Town Tallow, 37s nett; I'etersburgh Y. C. on the spot., 375. 61. new; 375. Od. to 344.9 d. old; last three menthe, 375. f; January end March, 375. 9d. buyers. MARKET AvEßAGts.—Town Tallow, 395. 6d.; fat by ditto, 2s. 10. ; yellow Russian, 395. ; melted stuff, 281. ; rough ditto, r.. ; Tallow graves, 9s. ; good dregs, 6s. WOOL MARKET.-THIS DAY. The Colonia. Wool sales tat the Hall of Commerce pro gresses steadily. The attendance of buyers is not large, but the bidding' cre spirited. There have been sold up to the present date about 20,000 hales, and the sales will continue until the 15th instant, each night offering from 2,000 to 2,300 bales. Very little is doing in German Wool, and this market is flat. The imports of the week are under 100 bales, chiefly from Germany. SMITHFIELD HAY MARKET. THIS DAY. ?dews. Cooper and Davis report a dull trade. Primo meadow Hay. 725. 6d. to 775. 6d.; inferior 60s. to 685.; Itowen, 60s. to 655. ; Clover, 70s. to &is.; second cut, 60s. to 725.; Straw, 235. to 275. COVENT-GARTh vat fine-epplre, per lb.„ Sr to B. Grave, buthoose, p. lb., 2.. to 51 Li.bon, per lb., tia to le Mel n e eh, le wto . . FBI.-THIS DAY. II fb. Almon <ll, per peek, 6, - NNW, per lb., 21 tO 31. Oranges, per dos., Is to la 6d 1 per 100, 6. to 104 nut., liar., p. bush., 201, to 21a brastl, r. bush., 12. to Ito Eberts, per 100 lb., 2tis to 90. Apple. Addl., per bu-h.,lotoloGd Pears. iltssert. per d r.. 2s to 4, Leo OSA, per due., is to 24 Walnuts, ter buds., 12s to 240 %%GET Dabbcotes, per dos., &I to Is CaultP,oters, per dos.. 64 103 s Itmecolt, per but/eh, 6d. to Is French tt qur,per Id.stere, 2s to 4a POW, per sieve 6s to Ns Pottdts., ..or eon, 45s to cwt., 2. to Ss per bush. Is 6,1 to 2e 6d Turnip.,per elineti. &I to 3d etteptitt;,..i., colt, Id to la Itediehe,, per dor., 0,1 to la I "lump, perdue., Into 1664 notate, per bundle, 641 u. 14 64 (`,amore, per bunch, 44 to 6d Brearkete epeouts, per halt slew, lead to .• 9d . _ - 7orr • ;;:e. Is 61 to 2s Vegetable Mutotts, per doz., Is to Is id . . Ch;to ne,per bunch, 1.1 to Srl epunleb, p. dos., 11.6 d to 33 Leeks, per bunch. td to 2d shallots, per lb, Cd to Rd Garlic, per lb., 61 to fl,l ctrticcs, per don, 4 to Se Lettuce, Cab., p. score, 4d to le Or , , per more, 3.l to le Small Su!ads, ti. pun., 2.1 to 3d Rom Madan, per tell" I. 64 to 4, I Red Beet, per doz., le to Se I Mushroom•, per pot, le to lied per bush., le to 10e Sorrel, per hull tere, (41 to 9d Tomatoes, per halfddeve, Se to ts Ernnet, per bunch, 2.1 to 3d Savo, 7, p•r booth, 2d to 34 Thyme, per bunch, 24 to 3d Burley, p. doe. bum, 3 s to Ss Hoots, per bun.. 9,1 to le Mint, per Sorer.. Id to 2,1 Bead, per bunch, 3,1 le 44 Merk,run„do•, per bunch, 3d toed testercnitem .I.tquAtues 4d to ed METALS. Mr. :quote's circular states that Welsh bar iron has assumed a duller appearance this week; in rails not any transactions are reported.—Staffordshire iron is more inquired fur, and a considerable quantity has been purchased for shipment to the east; the local demand continues good.—Scotch pig iron : The demand has im proved, and a large business has been done, both for imme diate and forward delivery. No. 1, American brands, may be quoted at 40i., free on board at Glasgow, storekeepers' warrants. No. 1, ordinary brands, storekeepers' warrants, free on board, at 38s. 9d. Mixed numbers, makers' obliga tions, free on hoard, 38s. 611.; and No. 3, 38s.—Swedish iron : There is nothing to report this week.—Swedish steel is still without inquiry.—Copper continues in good demand. —British tin: A fair export trade doing.—Foreign tin : There are buyers of Banca at 781., sellers at 791.—Spelter Not a transaction has taken place here, about 700 tons hero changed hands at liamburg at advanced rates.—Lead is dull of sale.—Tin plates arc in fair request. LOCAL .BARB MARKETS. LivnarooL, Ocr. 31.—There has been very little busi ness done in the share market to day. Prices, however, are without alteration. The transactions are—Ambergate and Past Junction, 4 5-16 d.—East Lancashire, 131—Lancashire and Yorkshire, 541 4—Ditto (filth shares), 8 11-16d.—Ditto (fifth shares, West It. Lin.), d.—London and North Western (new shares), 2 1 p.—Manchester, Sheffield, and Lincolnshire (new preference shan.ss),l p.—Midland, 481, 1, B—Ditto (new pref. 41 per cent.), :d.—South East ern and Dover, 181, 1 c.—York and North Midland, 19i — Dutch Rhenish, 51d. MANCHESTER, OCT. 31.—The market was rather flat. and the bu-iness done was not nearly so large as on the previous day. Prim were rather lower. Leeds, 541 ; Do ver', 131 ; West Ridings, 6 dis.; Cheshire Junction, 111 dis. BIUNItNOHAM, OCT. 31.—There was very little business transacted in the market to-day. In local stocks, Bir mingham Banks were done at 281, and Old Gas shares at 150. BRISTOL, OCT. 3 , .—The business was merely nominal, and the market on the whole very heavy. Midland cock was done at 481 ; •Wilts, Somerset, and Weymouth, at 91. LEzus, Ocr. U.—There has been very little done on 'Change this morning, especially in the leading stocks, and on the whole the quotations show a slight decline from those of yesterday. Closing sales:—East Lancashire., 14; Great Northerns, 151; North Westerns, 14i di.. ; Leeds Northern., 111. tis. 9d. Consols closed yesterday afternoon at 97 to 1, for money and the account of the 12th November, being an improvement of on the price of the morn ing. The day's business figures were as follows: — Three per Cent. Consols, 97:;:, 1 0 ' I, ; ditto for Account, 97a; Three ner Cent. Reduced, 97, 961„ 97. New Three-and-a-Quarter per Cents., 97, 98, 984. Long Annuities, 1860, 6 15-16, 7 ; ditto, 30 years, 1859, 6 11-16; ditto, 1860, 7 3-16. India Stock, 26:1i 264. Eitchequer Bills left off 535. to Ms. prem., and India Bonds marked 60s. and as.. prem. The foreign stock market closed without change, beyond an improvement in Venezuela 'rwo-and-a- Quarter per Cents. for Account, 311, 35' ; ditto De ferred, 12. _ The Swedish land loan brought out in this market by Mr. Scheer, has been fully subscribed, bilt there will be a delay in - the issue of the bonds for a strange reason, illustrative of the operation of government mane gement, namely, that"t lie Swedish ltoN al Govern ment Paper Manufactory cannot make and deliver the paper in time, ancgthat the bonds will be hardly ready by the Ist December." Of course no blame can attach to the agents at Ilaiuburgh or here for this delay. Notice has been this day issued of the purchase and cancelment of 101 special bonds of the Danish Three per Cent. 1 oan of 1825, amounting to 49,630 L, being the 53rd half-yearly purchase. The leading feature in the market for Foreign ex changes to day was a somewhat lower quotation for l'aris and Amsterdam, whilst for other places no im portant change occurred. Bills on London being plentiful a.. Pans, and the discount on first-class pa per hardly reaching 2 per cent., tend to depress the quotation here. Short Paris was done at 25.221 to 271 ; do, 3 months, 25.37 , to 421. Amsterdam was in great demand, and 'first class paper was eagerly taken at 11.191 for short, money being offered at 11.18. 'Hamburg, although coming higher from the other side, maintained last post's rate of 13.181 to 2. Frankfort was a little higher, closing 120! to 1. Bills on Italy, Sicily, Spain, and l'ortugal, were as dull as before ; the transactions effected were on a limited scale, and invariably in favor of buyers. Naples, however, was again in demand at 40 Lisbon and Oporto were as low as :521: the reason of this favorab:e quotnion for this country is a scarcity of bills on London at the other side, owing to the limited amount exported to England, and to an absence of drafts on London front Brazil, which usually are abundant at this time of the year. St. Petersburg was in demand at but no paper offered. Vienna and Trieste, on the other hand, were almast unsaleable, the fanner being done at 12.36 to 40, and the latter at 12.38 to 42. The rates negotiated are as follows : tone. nicer nrgotlatrd. From to Arnattralarn 1 alto Itorrntant . _ ~ 1111. IL str. Illatno a and Alton. Moen laterol. 1340 ca Intrea. rt...nkfdrt-oladh•-Value party) „ hr. ... 1201. 4kr. Vtrnua pert 121 E MKT. ... 401 r. [Virtu antorrp „ „ IST. 43;n. 211 r. 474 a. °wet 2sfr. 43 , a 2315 474 c. Vara' „ Short 2315. We. ... 251 r. Unto • ~ 3 Months 25fr. a74e. " 231 r. 424 c. DAILY WEATHER TABLE. S.tTORDAT, Nov. 1, lbfol. The State of the Weather at each of the following places at Nine o'clock yeeterda7 morning. The stations are arranged in order of latitude. Q" vl Whitt. Neale of Plmes. iltrwagth Wtn4. ute et Weatier. N.W. N.W. N. N.E N.W. N. N.W. N.W. Baiourox rolAurross . T GREEN WICII SWIMIJON Wll.llOll flacrtarta C0111.11..11 I.IVILPOOL Goalie Breese Gent's Breese , OWWW .sr6.. Striae :re Owls fire se Calm. Baas !.4 11 °1 Airs Gentle Breese Gawk Breese Gentle Brune Wang meanie Om 11 anew s.rtlally Cloudy P.: - Jt.ltly t touli Parlitlly Cloudy Gouty Partistly Cloudy Gault's' _ . Pa: tl.dlj Cloudy Clatkil!es_ iiTricsalielondy rMrcae• Ptini4lly Cland Lloody THIS DAY, Now'. Co,ure of wind. Btreneltt ✓ %Fled. Mate of the Weather. \,W. Gemle ireess. Clear. The returns from the following places did not reach Or.: ounce in time for puolicatien yesterday; they therefore ladicste the state of the weather ea Thursday morning at dine o'clock. U•txrua. ...... N.E. N.N.E. N. N.E. LL Wrong linear Stray; Hord Wind Gentle if* /le Slrang ewer Hard Wind Strong Bream &Tong roe. t:lowilase rartlal y Clearly Partially Cloudy Claudine Visually Cindy overent ittiovery Cloudless 61Al7OCK ..... THE CAMBERWELL TRAGEDY.—On Thureday a meeting was held at the Rectory of Emanuel Church, of the subscribers to the fund for the relief of the daughters of the unfortunate Mr. Fawcett; the Hew. C. de Coes pigny, the rector, presiding. The subscripthms were stated to have *needed 1001. Nothing war definitely fixed on as to the masa of disposal. . ...... ......... Ilaws linntpaux. 2Mr. 450. 25fr. 251 r. 45e. Lye.. - ~ 73tr. 4eo. ... 251 r. 430. Marraitim. : VP 2-Mr. 40c. ... 251 r. 43e. Genoa Lcsborn Naples per ram " 41 pence ... 416 pence Pulcriao per ounce „ 129 pence ••• 129 1 Pence Meren6 Madrid per dollar ~ 491 Knee ... 491 pence Cadiz ....... it ti 49$ pow ... 491 react Malaga " „ 491 pence ... 491 pence Gibraltar „ „ 49 pence ... 41! lrnw beville _ . „ „ 19 pence ... 4' pence Hurcolona , r 9 ,49 i pence ... 4 pence . , Li•eon ....... ----per millet „ 5.2 pence .. 32 pence 4) I (wt., St. retemberg per ruble „ 394 ovate ... pence The price of gold, on Thursday, at Paris, was about par (new tariff rate), which, at the Eng lish mint price of 3!. 17s. 101(1. per ounce for stan dard gold, gives an exchange of 2.7.17- and the ex change at Paris on London at short bein g 23.25, it fellows that gold is about 0.318 per cent. dearer in London than in Paris. By to-day's culeices the price of gold at Hamburg is 428; per mare, which, at the English Mint price of 3/. 17s. lo!d. per ounce for standard gold, gives an exchange of 13.61; and the exchange at Ham burg on London at short being 13.7 it follows that gold is 0.318 per cent. dearer in fondon than in Hamburg. By last accounts, the course of exchange at New York on London, for bills at sixty days sight, is 110 per cent.; and the par of exchange between Englund and America being 109 23-40 per cent., it follows that the exchange is nominally 0.42 per cent. in favour of England. Upon taking into con sideration the difference of interest and charges of transport, we find that the present rate leaves no profit on the importation of gold from the United States. The following are the rates at which the Bank of Australasia, the Union Bank of Australia, the South Australian Banking Company, and other parties, grant bills on places in the colonies: _ Adelaide Auckland lO2 ,t llatlturst 102 Geelong Hobart Town lO2 Launceston lO2 Lyttelton lO2 Maitland Melbourne Portland Sydney lO2 103 ~ Wellington lO2 ~ The bullion market presents no change beyond the rise of Id. in silver, noticed in the early part of the week. Present quotations are thus reported byy. Messrs. Sharp and Wilkins : Bar gold, 31. 17s. 9d. per oz. standard ; har silver, without gold, .Is. 0!d. per oz. standard ; Spanish doubloons, 3/. 19s. per oz. ; Columbian doubloons, 3/. 18s. per oz.; har silver, containing gold (all gold above five grains in the pound to be paid for), .3s. Old. per oz. ; 'Mexican and South American dollars, 4s. 101 d. per oz. There has been so little movement in the import and export of bullion this week, that we have no report to make. The total amount of railway calls falling due in the month of November is as follows : Amount per Aare. Due Already Nuraber Came ate tY Soy , 1851. Date. Paid. Called. of Shane. Birminaht m, IVolrer. harapain. tod Dudley .20 15 6 0 0 1'5,00 175,600 Greet Sumba. and Wasta d) Eighths North and South-Wasters Joni:110n Oxford, Wore., led Wol serhampton, ISt. w.f l4 6 2 0 0 36,661 113,332 Thames Ilantm noun and Nantes £W 652 •The proportion cared by foreign oceapsnies In ZiofAU. ote. The sleeve amnia blarre.prctive of the t-ull tune 10th Noe.) of 10 cr cent. 11,011 so much at the Crest Western Company's Guaranteed ft ptr cent. Stack semi! helmeted. - - In November last year the amount was 338,084/. • and in the same month of 1849 , 755,826 /. The total calls for the eleven months of the present year are 5,846,006/., against 10,342,0731. in the same period of 1850, and 19,096,790/. in the eleven months of 1849. The demand upon the money market up to the present date is consequently shown to he little, more than half of what it was last year, and future, calls are likely to be still lighter, and spread over a LIILF t A. iasieliu Di Protirtetur.' he tit I. AI. A .AOip Rrn Mi. banks, duclud. Du.l Anuultp . ... . E13.241.7a ..t.barSexintioa 12.841836 and Silver ('Mr 617,630 DOA. •I I 1)11. Acer.x.) 5.175.133 othor L., .41 AI 14.474.7u4 raul iair LW OW/ A 3.Gl9.fiN M. MARSHALL. Chief ca,hler. Oct 3).7851. The above returns, when compared with those for the week preceding, exhibit the following changes: Circulation tome V8,614,515 Increase £156,245 Circulation active 20,698,235 Increase 22,230 Public deposits 5,175,363 Decrease 220,816 Other deposits Government securities in banking department 13,241,768 Without alteratiou Other hecurities in banking department Coin and bullion in both • department. 15,232,165 Inercnre Seven by and other bills 1,265,367 Decrease The IteAt '177,661 2,741 3,6{0 The Reserve 8,433,930 Increase 1r55,431 This return, which embraces the second week of the dividend payments, confirms our view, previously expressed, that the available resources of the Bank arc undergoing a steady augmentation, such an can not fail to exercise a beneficial influence on tho money market. The stock of bullion has increased by the respectable sum of 177,6611. Duriag tho period included the Thames arrived from the %Vest Indies with specie to the amount of 264,0041/., by which the total imports of the week, as chronicled by us at the time, were raised to nearly . 380,0004 Owing, however, to this vessel having armed late in the week at Southampton, the effect of this import will not be seen till the next return, which may bo expected to present a further considerable rise in the Bank's metallic stock. The other changes exhibited by the return are usual, and, beyond the remark that they fire of a highly satisfactory character, do not call for particular notice. According to the official returns published in the Gazette of lust Tuesday, the total note circuation of all the private banks of England and Wales during the week ending the lsth of October list, was 3,636,515/. ; in the week preceding, the amount was 3,5-12,503'. There is consequently an increase of 93,7121. The note circulation of the joint-stock banks during the . same week was 2,903,700'., and the pre. Timis week's return being 2,868,142/., the increase is shown to be 37,558'. . . . On taking into consideration the active circulation of the Bunk of England, which in the week in ques tion was 20,676,005/. (being 1,101,3831. more than the week preceding), we hod the aggregate note circula tion of England and Wales to be 27,216,220 t, which shows an increase of 1,235,655 f. us compared with the returns for the previous week, ending the I lth of October. As regards the fixed issues, the private banks wero 1,061,560 f., and the joint-stock hanks :506,2471., below the amount authorised to be issued, making a total of 1,567,8471. below the fixed amount. RAILWAYS. THIS DAY. Two o'Ctocc The Stock Exchange being closed to-day, there is no business going forward in railway shares, and of course no official list is published. Yesterday (Friday) afternoon the market closed a trifle weaker, but prices were scarcely effieted, ge nerally ruling at the rates quoted in the morning. Cale donjons left off, 11:;•; to ?, ; Great Northeros, 15;1 to ; Great Westerns, to 811; Lancashire and Yorkshires, 53,1 to 511; London and North West erns, 113 to 1; South Westerns, 811 to 82'; Mid lands, 471 to 411; South Easterna, 18! to ; York, Newcastle, and Berwicks, 171 to 18; York and North Midlands, 19 to TRAFFIC RETURNS FOR TUB PAST WEEK, blilen opened. :gam af Railway. lt-ccipt.. 18:A.. 1851. 11,648 1,418 657. 614 164 216 9671 1,381 808 1 763 4,676 4,666 8,827! 8,691 2,863, 3,128 a 136 4411 626 932" 946 714 769 366 491 623 613 161. 166 3,66 ; 4,195 14,939 15,120 2,242, 2,275 3,7551 3,621 2,445, 2,455 - 103 205; 412 3,315; 4,+.55 7,044111,248 4,433 4,828 16,339 17,422 - 1 159 177 194 4,3301 4,534 14,614 15,518 thls 948 • 501: 407 .15,071, 46,663 1,013 10,725, 11,390 10,485'11,386 1451 1.34 1281 142 8,318; 7,049 3641 326 610: 723 11,966 . ; 23,393 1,361 2,237 763 947 2,327, 2,270 3,632 i 3,682 4,107 6,317 494 639 1,416 1,731 443 617 6r2 1,420 1,636 4691 610 1,9801 1,904 12,424113,426 824' 1,620 1,1151 1,447 2,425 2,001 8631 967 330 , 296 3211 281 190, 246 13,811;14,916 8,2011 8,072 3,4661 3,649 . 1,0851 1,091 . 154 277 1,121 1,046 23,023 21,826 3,421 4,916 7,038 13,676 8,418, 9,063 6,60 6,822 5,390; 8,066 2,656; 2,870 1,377; 2,306 ,Ais'ague and t , r• 4*‘ 1&1(). 261 851 1891 91: BRITISH Aberdeen Belfast and Ballymena Belfast a n d County Down ;Birkenhead, Lane.,& Cheshire Blackburn Bristol and Exeter ICaledonian. iChester and llolyhesul Cork, Blatey!oc . l, and Passage) 'Dublin and Del littit Junction.: iDublin and Drogheda Dublin and Kingstown Ituntlee and Arloruath IDundee,l'erth,AberdeenJwtr Illundulk anti F : nni~killcn I t:inst ttnglian. East LaZeashire Eastern Counties and Norfolk Eastern Union Edinburgh and Glasgow Edinburgh, Perth, & Dundee Exeter and Crediton Furness . _ _ Glasgow and South Western 1 Great Nortliern& E.Lineolnsh Great Southern & Western(lr) I Great Western Irish South Eastern Kendal and Windermere Lancaster und Carlisle Lancashire and Yorkshire Leeds Northern Liverpool,CoAhy, & Southport London and North Western London and Blackwall London, Brighton, and S. Coast London and South Western Londonderry and Man. Huston, & Matlock, &c. Manclumtcr, Shell., & Lincoln Manchesterand Southiunction Ma port and Carlisle Midland !Midland Great Western (Ire.: IMonklands _ lileweastle and Carlisle . lNorth North '' " IHorth We tcr¢, !Scottish Central Scottish Midland . 4 12rewsbury and Birmingham •hrewsbury and Cheater Shropshire Union South Devon South Eastern South Wales SouthYork.,Deneaater& Goole Taff Vale Ulster Waterford and Limerick IWest Cornwall Whitehaven Junction York, Neweu,,tl,•, and Berwick York and North Midland Fonetoft. Central of Frooos I Dut c h Rhenish Maria Antonia Moottreau and Troyes Northern of France • Orleans and Bordeaux Paris and Lyons Paris and Orient's Paris and Rouen Paris and Strosburgh Rouen and Havre Tours and N mt." include Lac rcccipis el 8/61 189 101 90 200 571 211 63 442 } 134} 240 4121 71 1661 z