The Express. — London, England, 1851-12-30 00:00:00

•1 r . , • Tvbt *ixint ,• r i No. 1,669.] LONDON, TUESDAY EVENING, DECEMBER 30, 1851. [THREEPENCE. THE AMALGAMATED SOCIETY OF ENGI- D 14 1" 1:DIE8 SELECT LIBRARY. An the best ' Nye vv:•ltto ea a b., obtained wittiest defog foto tbts EesIVE LIBRARY by every Ihnieribw of Use Dolan pee .... m a b.; en DA don Constry Onbceitim ot Too Guinean W A arririi. —V , r proepeatneam apple to CHARLES EDWARD pirDIE, 2b, Upp . KtnaAtrieb. litenaltirevonano ...---7—__ SEASONABLL FESTIVITIES At 'Atm h s ti ve prim/ ..I doe 'der. tbe rirraldd ddrurdie kr the war an ca 11 . ,: icto rompald miraccaumr 1 pIACA 4 dAI, 01 L. !+ realer r bora al err. llorbode li•ipbse. Mr nriodeg •Ir Ade wte fik, art is.mr• ; 110.14•16 Oirbi. sr Tad MOM" dir • yaorl.blis Mimeo 1 In dr ire ; rid derindif Alla Ilt hs. rod sad sprit Qom gieft Ilit annelNlSl IS of 'owe ninninlni nt Mkt .1 1 11 21.11.11181.. tai firer 'spay Woutibialt Llatopt. lid 11111 Indlokirif 11111 allow a übm si twos Or trim • aldrlty umpasisled, erl mew ire yew WI, eimpri ~ 4 rerrable pismati. Imam id worm Wader. .0.08;1 serre• of rob bum lbe num 01 " Ibridavbs ' throl tb• Mkt' is dr was• bibr.—der by A. ItOWLA r = NW. 1 1 1‘ nammiwee. wOO% end Itt Siewnet• awl prdirmrs. lIENRY MILL 4, DI, 172, and 149, OXVORII.STRIthIT. LONDON. re renterrle Ida Id star -garbed GOLD WATCUTS, of the 110 RI EON rAL CONSTRUCTION, GOLD DI ALS, JEWELLED, Jr., et Foe Gaoler each. la Caws, at Two. and-a-1W 0•1110111 each. NEVI SIIOW.ROOKA, at 171, zlttbu so esten.lve arretanent of Nee and I4ROONIhII AN D PLATY., sad the NEW ELE.CTRO end ether PLATED 00011 N. at earredbigly redwood Mlle Ile WY :awILERT Y go la triter variety. rue Gel Guards, Iron Sid► iamb; also AL BERT cm IINA, Irons lle. eseb. A Farapatet, eastalsble the List of Priers sad Shetabre, will be met per par, tree, es applied on by letter; and an rutty applieatkel !Pee the Addrer-17 4 172, and 111, OXFORD...STREET, LONDON. ---_,,, , . af. i • ' 4: , imi , 1 ` ,7 4 ..., 5 \.. ' ~. ..• THE INCOME-TAX AND THE INSTITUTE OF ACTUARIES. Yesterday evening Mr. Charles itllicoe, ono of the eice-presidents, read a paper before the members of this society, at their rooms, No. 12, Chatham-place, Illackfriars, e On the iuequitable operation of the property and income tar enactments as regards life and other interests; and on the princinles by which direct taxation should be regu lated." The institution is one of a private nature, but by the courtesy of its officers we are enabled to lay the sub stance of Mr. Jellicoses interesting observations before our readers. Mr. JELLICOE (who occupied the chair) ssid—The mode in which the property and lactose-tax of this country is levied, has created so much dissatisfaction, and is so um versaliy acknowledged to be inequitable, that I am induced to call the attention of the members of his institute to the 'abject, with a view to arrive at some elucidation of the principles upon which direct taxation should be based, being satisfied that there is no tribunal before which the conside ration of such matter could be more properly brought, or where its peculiar features could be more thoroughly or efficiently investigated. The primary source of the disgust to which the tax has given rise, is to be found in the introduction of "income,"" as one of the elements by which the tax is to be measured, it being obvious, that, in some cams, income is the representative of real property, and that in others it is by no means of that character. If we assume that three per cent per annum is the rate of interest yielded by securities of the best descriptioa, then a tax upon, income arising out of such securities of rd. in the pound, or 21. 18e. 4d. per cent. is equivalent to a tax upon property of Is. Pd. per cent. • and this is the rate of taxation upon real property, whic h we may consider the possessors of it to be now paying. But the tax, as wo know, is regulated by income, and therefore varies as regards property with the nature of the income arising out of it. Thus, if instead of being a perpetuity, the annual stipend is to continue for ten years - ouly, then an income tax at the rate above masticated operates as a tax upon property of very nearly seven shillings instead of Is. 9& per cent.; and thus it happens, that under the m end spices scarcely any two persons are assessed alike as regards their property erred power to contribut e • it being actually possible for the rate to vary from els. ed. to 31, • So that, as circumstances differ one individual may be called spun to pay more th an thirty times the sum required from another, although their real and abso lute property be of precisely the same value. (Hear, bear.) It is this inequality, and the taxing of profes sional incomes as if tney arose out of real property, which constitute the great grievance.' of the property and income tax as now levied in this country—every considera tion leading to the conclusion that the contribution re quired trout each individual ought to be directly as the means which he has of making it, or as the value of his share in the general wealth of the country, and not as the amount of his receipts in the year, which, as a general rule, affords no evidence whatever of the extent of his ea pability to supply the exigencies of tee state. it is, indeed, not easy to discover oa what grounds the present system his been adopted It is not more difficult to determine what a man is worth than to ascertain what income he has got; nor is it to be supposed that the tax is any the more easily raked for being unequally distributed. It is true that on the more correct plan a process wid in many epee have to be gone through after the income is &terms/At but the pewees if, as will be sent,' very simple oas, and is o 0 more than the inverse of that constantly required under the arrenaements existing at the present day—namely, the determin item of income from property; whereas, under the system I would advocate, the object would be in every case to meertain, either by means of the income or other wise, the exact value each person 'trod possessed of at the precise epoch at which the assessment was made. This fn formation being obtained, and a uniform per centage charged to each, the members of the whole community would, after payment of the tax, stand in the same financial relation to each other as they did before, and no one would have just cause of dieeatiefaction on that head. (Cheers.) The equity of this prieciple being then conceded, It remains to show in token manner we are to determine the value of the manifold and multiform descriptions of property which together con stitute the retire wealth of the country at any riven time. Now, as reJards a very considerable portion of me, no other process would be nettled than that which is to be found at all times in daily operation, namely, the ordinary our of valuation by persons competent to form a fair and proper estimate ; or, in the first instance, the owner's valuation might be required, and, provided there was no reason to *nude? it a partial one, eventually adopted. This simple arrangement would suffice fur re-adjusting tlee tax upon freehold or leasehold properties in houses or land, or material peormions of any deecription whatever. In like manner it might be applied to what in schedule C of the existing act are railed .• Profits arising from annuities and dividends." These would, in almost every case, be found al ready valued inasmuch as they have, with few ex ceptions, a market price attached to them ; whether they ere payments in perpetuity or for a time only, and as re gards all thew varieties of property no better test of their value fur the purpose could be found than the suss they would fetch if put up for public sale at the time of the tax being levied. (Hear, hear.) It is perhaps necessary, how ever, shortly to consider on what principles this market value is Arrived at, or how the required estimate is to be mete in the abeesee of say indication of that nature. To effect this I would propose as • soused methed le strip the gross income or revenue in Its hilt pimp et all these par- UM of it which would be lashed up" as ether then the mere interest of capital; and musidering the remainder a of that character, deters's* the capital from it at three per cent, or 33313 years parehme. This rate of conversion would piece the monied is as It is called, upon a par with the owners of land, in the latter le be taken at the market due merely, of toe it is net material what rate of roarer.too is used, provided it be the Sem Is every ease, for it is the relative values, and mg t e abasiste, which we are in search of for the la IRWIN& (Hess, hear.) To illustrate this waft of swesedwre we will instance One or two eases, and tabs ihet a heobsid lauded estate yielding a gross rental of 1,0001. ppsef sltawm. Here we have to ascertain thirsting, taus, end van emmtal outgoings, and to aikidos Aswan he rap mealigemies likely Wiriness " diSainiai the eskriag testa. Lt is sapper* that is these accounts the Festal is reduced ha 7OOL the value of the mists is then to be lakes at Will dames that rental, or Asus.; and the tax wadi assurdingig be Bs. 4d. frost year to year, se WS el the value of the estate and the mil ef aeeessmeut reardaed the seem. If instead of a freehold, the ease were that of a ismeheid less :Rent held for a Neu say, end having 21 yeses eti to Tun, the process would be semewlist different. We mg sem alder that for every 19K invested in such a property the purchaser should have iseareat—say 31.—an annual palsies, sufficient, when 'wowed at the same rate, to nprodems his capital at the expirsiew et the term—in this ease about 31. 104—compeneatiou kr son-tenancy, for repairs, sad he other sources of depreciatioa, which will nemandly eery with circumstances, bat which we will suppose In the pre sent case amouut to 21.105. more. It thus appears that every N. of rental is not worth more than 1001., and twasequestly a rental of 1,000/. would be valued under such eirmunstausies at 11,111/. The tax on this, at Is. 9d. per cent., would of Course be 9/. lts. ed., or 21. les. 4d. per cent. out t he intone' of 11,1111. According to the present ardent it would pro bably be much the mans se in the ems of the freehold ; that is to ea , more than doable what it ought to be. These will sakes to show the mode of proceeding se regards simple asaulties and dividendsofeverykind, wheekom aremporely. For the ralustion of the latter one Wm ealy would he astitesarY, exhibiting the annual sum required whet invested at 3 per Tee to produce 1001. at the end of ear number of years. The addinon of this in the particular mos to the interest would at once show what annuity for that term was worth 1001 ., and hence the value of any other annuity of the same isonsa ulna botallystalooll sh The idolise of set amiske depmellemtepen bare node life, my lindasseas m ses eonetatos all e d. wadi sbe sioadsd Ink my diffiulty. looked, the government itself has waded sae mesas of arriving at tat aloe of these in the pries which it has est upon its own ananitin„ and which would of course indicate the value of any annuity or life interest whatever. (Beer, bear.) I would, however, rather seek to carry out the principle generally to which I have alluded, and which regards the payments of every terminable annuity as made up of interest upon its value and the annual sum required to reproduce such value at the expiration of the term. This would be effected very readily by the adoptioa of a table of life premiums calculated to be payable at the cod of the year and not in advance. The addition of these to the interest in my particular ease would show at once the ratio between the life annuity and ile value, as in the ars of assuities certain, already meaelaaed Thos, supposing*. age of the annuitant to be IA sod the meal peouleat simpered to produce 1001. tar Oak, as ism 1a As kin, to be 31., we have at wee 100 le aline 3, or 110 to I, as the ratio between the annuity sat* value ; in other words, we find that any =amity Cable life is worth 16.666 years' purchase. What has boa add, however, would not apply in practice to the nee of Ilk isessores in real estates or in perpetual annuities, leseatait•lNN would not generally be any one who could be soak responsible for that part of the tax which applied so the value of the reversion. There would probs. bly be M etter none arranging this, than for the life is psi to poglis Na on the value of the fee, charging upon laws peer to year the revenioner's share to be de frayed.. the latter Ilesaing into possession. Under the pruned system the lib in possession pays the reversioner's simnel the tax as well as his owe, the letter escaping its be irks altogether. By the plan proposed his estate, on 1.11/Weisa to it, 'NNW liable lie the sejoseentutivee of for so many payments of his share of theC issil tarC i rit h interest upon them, as had been ion 0111001111 t. There would be no difficulty in deter- MI6. Ills anent of the reveraioner's share; it might fairly heldreeethe difference between the sum payable in r lithe he, and that duo on account of the life intereat e NO 1111111 tone to the consideration of that large class of incomes atoned by means of professional pursuits, or trading occu pations, or mere personal labour; and here the necessity for a somewhat different mode of treatment arises, since it Is immediately obvious that such incomes, looked at pro spectively, have no value. They do not even exist till the labour or skill which produces them is brought into activity. At any given moment the paxswn of them may be con sidered (a far es their uture incomes are concerned) as bang nothing but the power of acquiring them, and it is this purer alone in which (irrespective, of course, of any aseeminbition) their property may be said to exist. Now, be Ile Wm of the professional man, it is evident that this prow ewes its existence, in the first place, to his peculiar asoalesosses ; and, in the second, to the possession of what ersoneolg celled the " goodwill " of his business. The hostaress Ole malt of the money sunk in his education, and no kiwis what remains to him after a continued er osion et Ilse former in any particular sphere of action, in dermisatly of his pecuniary gains in it. But this latter, OM Is to say the " goodwill," or the connexion secured in erg pursuit, has a value in the market and may be disposed el lainaßy at from two to five years' purchase of the net sem& pseuds. Let us take the mean of this u the value Wile mgeedwill," nansely.three and a half years' purchase, Mel let us put the same vales—one that must be con- Aimed as quite outside thotaark—on the acquirements and eat el ideation, mad we Oben have seven years' purchase if the ma smog Wow as the mean value at which to soot peleolsasi kassea of al kinds. That this mode of alhation is open is silliettion I will not deny, but that it is Mit he from the tenth oast, I think, be conceded ; nor will Mms dispute that it is at least more equitable than that eror peeve/Is, and which draws no distinction between esethis Wad and such as are altogether independeut Wife or health, or of any necessity for personal exertions. Mes.) It is to be remembered, too, that the nature of keelblog will not admit of precision, and that the utmost 1.0 Camber for in any system is to avoid wide departures *so what would be just in any particular ease. Such, then, being the amoebae& value it an income obtained by the awns sf relloissal kotariedge and labour, we have the mewed l smsmlaing the yoseent worth of those derived win* ibus tga ir sae or ate ether. Thus the pro fits ot ibm := may fairly be taken at wee = la the person so occupied bong Wake awe in talky that the "goodwill" Of 111. SOW OW alien such 'spits], or ether realised pages an be might passes, and being under De leseenity generally to nuke any outlay in learning her to enemas it. At the same rate might be estimated de =anal gains of employes of every description haring appointments of a permanent character. To them such appointment, stand in the place of a " goodwill," and con stitute, be faet, their power of acquiring income. On the other herd. era will be found of professions or occupa tions dipeadior solely on acquirements, such as those of the commilkie aid skilled artisan living merely on the sale of his wit" and having no permanently settled eon nukes. Tina however, although of a different class, would —if tbespetoo I am ad were adopted—be assessed N the ma sole as do gg one - and no enmity Il wadi moonse seise he drawing any distinction between ONO. Oa Oro principles, then, the incomes obtained by labour, whether professional or otherwise. WallUesese as be divided into three elegies the highest pin to be raw at seven years' purcha se of the nett Mesa prank no next at half that rate, and the last, as oamprehendios virsttled labourers merely, escaping the egarstlon of Na altogether. That difficulties would one is to which of these classes particular oc ellatiene bed is certain, but there is reason to believe would not be of a more formidable or inSOT abamsber than those frequently met alln ant Oa poost system : and it will be observed that otos Os dassilleation was ones arranged the sessomoist ens tax would be carried on with the ut most elm ad liana% I may, however, mention that it would be sesemerp , the first place, to deduct from such beanie an we me are considering any interest of capital korolog part Willem, or any other extraneous por de. These issuld, Of alarm have to be valued tc =ely, and neemffieses with the methods which have previa* deserfbed. (Hear, hear.) Were a system rte to by adopted there would be no reason for exclud ing say sae elm its operation. The man with fifty pound.' worth of peopsay might with as much propriety be called upon for his lisMa as the possessor of thousands; nor would the cue be at all a sufferer in a greater degree then the other. In this way there is reason to believe that a vast sum might be raised, although the tax were imposed at a very low rate, no fact apparently more frequently es caping the observation of government, or even of writers on such subjects, than the extraordinary results arising when the capabilities of the great mass of the population are brought into play. The amount raised at present points to an aggregate property of 6,000,000,000/. But the land alone was valued in the beginning of the present century at about 1,000,000,0001. ; we know that nearly the same sum is now assured on houses and goods, and there is good reason to believe that those still remaining uninsured are of very little less value. The holders of the national debt still pos sess nearly 1,000,000,0001. more, so that we have to set against the remaining two thousand millions the capital embarked in every kind of speculation, the value of our mercantile uavy, our live stock and, last not least, the im mense collection of our professional and trading incomes, to be estimated in the manner I have endeavoured to show they ought to be. Considering what must be the vast amount of these various resources, it seems wareely possible to doubt thata tax upon even fifty pounds worth of pro perty at the pretest rate, namely, Is. Pd. per cent., would more than suffice for all the purposes for which the present luau tax is imposed ; whilst, vs the wealth of the country increased, the government, by a gradual augmentation of the rate, might be enabled to dispense with such odious and disgraceful imposts as the customs and excise, and ulti mately su in substituting one system of direct taxation with its sole machinery for the cumbrous and expensive pro ceases which have so long preyed upon the vitals of the country. (Cheers.) A vote of thanks was then given to Mr. Jellicoe ; a fellow and nine associates were Mattel ; and Mee other business having been transacted, the sassing remised. Ste Joux FaAm:Lute—A private expedition is now being organised to gemmed early in the ensuing year In search of Sir Joke FmkEs In a part of the world which h never yet been owthsteL It is based upon tho cosmic- Mom, which is wwwwwi by high authority, that Sir John Franklin has adommed through the Wellington Channel, to a high latirmffis for to the westward, probably as far as the Middles of Bobrin'i Straits, where difficulties may have been nut wilt which, to a distressed and exhausted party, waddle irwrweantable in penetrating to the south ward *wag% Widnes Straits. RUIPSIA.—Tits Dimple Gazette gives the following details of the ellestivo awing* of the Russian army. The infantry, including the Imperial guar , &c., amounts to 640,1111 men; tho a...vary to 101,692 ; the artillery, includ ing the special corm to 42,902, making a total of about 6:*,0011 ears. By calling out the reserves and the depots, that wombs, mig ht he increased by 240,000. In the event of an Basilian war 300,000 men would he disposable to wow des mama frontier between the Baltic and the Da nubian peledgelities. NATAL PrOTION.—ADMIRALTY, DEC. 29.—J. Riskinsp_ bu Acting 0 . rotwritawr.—Gitn ner T. Westlake to Monarrh. Hover., IMPLY FOR HABITATION.—By • clause in the new City Sewers Act, now in force, the provisions with respect so lasses Is a ruinous and dangerous state me extwici le say braes sr building which, in the opinion of the medial Wiser of buddy is permanently unwholesome and unlit for Munn habitation. UNION Badyna! COMPANT.—A petirion has just been presented to ths COM of Chancery to wind up and settle the affairs of this SIM undertaking, which was esta blished at Forties. This, with the Vale of Neath Brewery and the Oundle Brewery Company, will make the third joint-stock brewery company under tbe•operstion of the act. NEEDS AND MACHINISTS For the last twenty-five fens a numberof societies has been in existence all over the kingdom, composed of persons following the trades of engineers, machinists, smiths, and millwrights, the object of which was to afford mutual support in cases of accident, sickness, superannuation, and loss of employment. In September, 1850, a meeting of delegates from those societies was held at Birmingham, which resulted in their being merged into one association, under the title of "The Amalgamated Society of Engi neers, Machinists, Millwrights, Smiths, and Pattern makers," mad in the adoption of a code of rules and rep's lions for its guidance. In the pref. ice of that code it is' stated the society "is established to concentrate the varied isihmaces of the abovenamod branches of trade upon some advantageous measures which are calculated to metier banefils upon its members; and although objections see as Voss mini to trade societies, being associations ei amp* asit et trade restrictions, they are nevertheina sormarty adjuncts of a state of society which has incalmeei Awes of selfishness almost beyond the control of our bets Ine astute, for by them only can the members of a trade be made to ob,erve some rules, and to conform deferentially to many customs, which ere for the mutual benefit of all its fillowers." Again: "Our ehjeet is not to do anything 'legally or indiscreetly, but on all occasions to perform the greatest amount of benefit for ourselves without injury to ethers ; and if we should be constrained to make restric- tions against enermehments on our interests by those who may not have earned a right by a probationary servitude, we do so, knowing that such encroachments are productive et such awful consequences to a trade that, if they were =lB6;tred in unchecked, they wo uldi meek is se its eondftfois to that of the ill-paid %- bearer, without conferring a corresponding 'Ama to& on those who were admitted. It is our duty then to exercise the same control over that in which we have a vested interest, as the physician who holds his di ms, or the author who is protected by his copyright." The document then proceeds to state that the leading features of the society are—" Mutual assistance in time of need," "A regulation of the condition of labour, that its benefits may be mutually enjoyed, and a well-regulated organisation to prevent a surplus labour in our trade." In April of the present year, the executive council of the society submitted a case for the opinion of the Attorney- General as to the general legality of its objects. A question had arisen among them solo whether the members (them numbering upwards of 8,000), acting under the rules of the society, were liable to any prosecution or indictment for conspiracy or Mestal and malicious combination, whether actively engaged in it or not; and they particularly di rected the attention of tho Attorney-General to the 22nd and 23rd of their rules, which authorise a com mittee in each district to advise and persuade any member, who may apply to them fur advice, to resist any encroachment attempted upon either Me wages or hours of labour, and, if he is discharged its sommeesee of the advice given, to place him on the funnel of the society as a recipient of 1.5.. per week. The quee. tions they submitted to the Attorney-General were—" Ist. Is it legal for men to combine to resist the reduction oil wages, increased hours of labour, or other encroachments en their interests, and to persuade others to act with them, provided that neither violence to persons or property, threats, intimidation, or molestation, are used or intended ? tad. Whether the rules of the society are framed according to law, particularly the Rules 22 and 23 ; and whether members of the society, strictly conforming to the rules, incur any and what liabilities?" The following is the opinion of the Attorney-General and Mr. S. Joyce, whisk the society obtained at an expense of thirty_gessma " W• age of ooisleu. first, that it is legal for men to com bine to stela redsoden of wages, increased hours of labour, on ether eneemishneients en their interest., and to persuade etyma se set weal ohm, provided there is no violence done to perms se progeny, and the parties avoid all threats, in. timidatims, and molestation whatsoever; vide see. 4, 6 Geo. IV., e. 123. Secondly, we think Rules 22 and 23 might have been framed with greater certainty ; but, notwith standing, we are of opinion they are not objectionable in point of law, and the members of the society will not incur any penalties in conforming to them, regard being always had to the law, as pointed out by us in answer to the first query.—A. E. Cocasuax, SAMUZL JOTClL—Temple, April 8, 1851." The society, thus constituted has established branch asso ciations in direct connexion with it in upwards of eighty towns in the three parts of the United Kingdom, the ag gregate members of which ate stated on good authority to amount to 12,000 at the present time, with a capital at their alarmed of 25,0004. In the district of Manchester alone there are about 2,000 members belonging to the so- ciety, and in the metropolis upwards of 1,500. The opera tions of the society are carried on under the direction of en I executive council established in London, who hold their meetings from time to time at 25, Little Aliestrect, White -1 chapel. HIGHWAY ROBBERY NEAR NOTTINGHAM. For several weeks past the neighbourhood of Not tingham has been infested by a gang of robbers, who have committed the moot daring highway robberies in the imme diate vicinity of the town. These robberies have been also accompanied with great violence to the person. The robbers infest the country in gangs of four and five, and do not confine their operations to highway robberies, but also per petrate the most outrageous burglaries. On Sunday night, about half-past Rix o'clock, Mr. King, lace manufacturer, Walker-street, Weldon, accompanied by a young lady, residing in Newcastle-street, Nottingham, named Smith, was walking alor.g the Trent-lane (a rather lonely pathway about a mile from the town), and had pro ceeded three hundred yards past a railway gate whiai crosses the road, when a man in a suspicious di.guise passed them. He almost immediately gave a peculiar whistle, and in a moment three other men armed with bludgeons and other weapons rushed upon Mr. King and his companion from the hedges oa each side of the road. The fellow who had passed them turned back and assisted in the usault. The young lady screamed loudly for help, but was instantly struck to the ground. Two of the =Mane strove to stifle her shrieks, while the others en gaged with Mr. King, who, being unarmed, was speedily overpowered. Mr. King begged that they would not fur ther maltreat the lady ; the villains, however, continued to beat her with bludgeons until she became insensible, ac companying their violence with the most revolting bruta lity. Mr. King offered the robbers all the money and va luables he possessed, but implored of them to commit no more violence. In consequence, however, of his having uo considerable sum on his person the robbers proceeded to further brutality, and a blow from one of the rut. Sans laid open his skull. The fellows then decamped. The unfortunate gentleman and lady, when discovered, were in a most pitiable plight; they were conveyed to the residence of Mr. King, in Walker-street, where medical aid was immediately in attendance. It was deemed advisable not to remove the female to her own residence. On in quiry, we learn that they are both in a , very critical state; Wcs e lady was in hysteria nearly all Sunday night. As soon as the police were made acquainted with the outrage, oMeers were despatched in the direction the robbets had taken, but we are sorry to say none of them have as yet been taken. Robberies equally as daring as the above are of very fre quent occurrence, although they have not as yet been at tended by the same amount of violence. On Saturday night Mr. Will. Tillson, who resides in the same neighbourhood as Mr. King, was attacked in the Park, near Nottingham, by three of the same gang, who rifled his pockets and left him nearly insensible. LOCAL SMARR MARKETS. Lrreneoot., Dec. 20.—Ose dam market opened strongly this morning, and remalmed animated during the day. Prices of all the leading stocks adverting rapidly. Caledo nian, 161—East Lancashire, 161—Lane: shiro and York shire, 601 e. 1 I—Ditto (fifth abases), 7 11-16 d.—London and North Western, 117 I—Ditto (new 1-shares), 31 p. —Manchester, Sheffield, and Lincoln, 331 I—Midleed, 681 1-South - Eastern and Dover, 211 1 I—York and North Midland, 231 I I. Maectissrea, Dec. 29.—There has been what is termed a breezy " market, resulting in a large business and an advance of prices. The sales include ;—Leeds, 60, I, Midlands, 68 1,1; London and North Western, 1161, f ; Sheffield% 331; Dowry, 211 ; East Lancashire, 15, I. 1• BIRMINGHAM, Dec. 29.—T0-day the share market was I quiet, and bat a small amount of business was transacted on the Stock Exchange. South Staffordshire stock, which continuer in request, was done at 11 die. Lein, Dec. 29.—There has been considerable activity tn the share market this morning, and generally the tone of the market seems better. The clerking sales (which are in nearly every instance an improvement upon those of Saturday) were as follows:—Esst and West Yorkshire, 101: Manchester, Sheffield, and Lineolnshirer, 331; Leeds Northern, 15); Midland Stock, 58; North Westerns, 12 die.; East Lancashire, 161; Caledonians, 161; York and North Midlands, 231. MINCING LANE.—THIS DAY. The attendance in the Lane, as customary during the holidays, has been thin, and the private contract markets are generally inactive, but there has appeared some disposi tion to buy tow-priced Congou. TALLOW MARKET.—THIS DAI The market is steady, and prices are fairly supported, at the following range Town Tallow, 375. nett cash; Peters burF Y.C. on the spot, new, 375. ; old 38s. ; now year (1842), Xs.; January end March, 375. to 36a. 9d. SMITHFIELD HAY MARKET.—THIS DAY. Messrs. Cooper and Davis report trade dull, at the follow ing quotations: Prime Meadow Hay, 70s. to 765. • infe rior, 60s. to 67). 61. Rowen, 555. to 63,. Clover, 701. to ado. ; woad cut, 60s. to 725. Straw, 225. to 251. SECOND EDITION. FROM THIS xrcHrs GAZETTE. WINDSOR CASTLE, DEC. 29.—This day had au dience of her Majesty:—His Excellency Mons. Alexandre Colonna Walewski, Ambassador from the French Republic, to deliver a letter from the President of the French Repub lic, accempanyinc a preAut of tapestry from the French nation on the occasion of the Great Exhibition; and the Baron de Brunnow, Envoy Extraordinary and Minister Plenipotentiary from the Emperor of aU the Ensiles, on his return to England, after a temporary absence :• to which they were respectively introduced by the Earl Granville, her Majesty's Secretary of State for Foreign Affairs. OFFICE OF ORDNANCE, Drc. 29. Ceres of El. Engleems.—Brevet.Mejxr A. Oordon to be lieat,col., Here, Teta. oft f..p.; See Cep:. It. Ogle to be rapt., nee Gar don; First Lieut. J. W. Lover to be see. e3pt., vies Ogle; Sec. Lieut. W. C. Pbripoth to be lest lieut., nee Lovell. OFt ICE OF ORDNANCE. Di c. 29. RI. Refit. of ArtPlei y. - neereneen iliac , . to be See. Lkotta. : T. B. Stan e, vice Piera, i.ror ;F. Lyon, vino Luce, prem.; M. L 3 Fee 99 . Taylor, 'lin, Drape prom.; R. C. Linsley, aim Parley, prom. ; E. Knee, nee P. W. L'E3.ranse, prom.; T. W. Manit in. nce Hirt, prom. ;A. L. Kaye, vice O. F. VE , ..r.3911, pro a.; J. J. thritb, re I site *agrees, pram.; E. Me rola, vice It vine, prom.; M. E. C. rah her , vice Laver prom.; W. A. Bunewee, vice Orr', :11 prom.; J. L. Clarke, sinep-om. ; A. P. Jay, eke Chem. .° Oen, peon ; H. Tbcrnhol. vice Wigton, mom.; A. T. O. Pane. vies Der 3, prom.: T. P. Carey, nee Or pewter, prom.; W. If. Welber, vice Et. Jobe, prom. Carp; of Royal Englneera--OeeL Cadet:it, be Sec. I feats., nib. tn. 22, Mamto.—A. 0. Golder, vice Merray, prom. ; J. M. C. 2, irl, nee Were, req.; E. R. James, vice Benue, prom. ; W. P. Mesas:end, vice De Vete, prom. JJ BANKRUPTS. If It. EDWARD HENRY FIRMINGEII. and PETER BEARE, Lime- ss street, City, merchrusts. CALEB WILLIAM ELLIOTT, Aylesbury, grocer. IS 13 JOHN KIRBY, Buckingham, miller. s; Jottn HARRELL, Billencay, Essex, grocer. So Joule Futones, Diglee-bridge, Austonley, Yorkshire, woollen cloth manufacturer. _ et. JAEWI FORSTER, Liverpool, filter merchant. Gaoacia Imam litoosmsoN, Everton, Liverpool, dealer 1 1, 4 • in cattle. - 1211 - - - - 611AliLliS LUCAS RICHARD WILKINSON and EDWARD 131 isi BOND, Manchester, calico printers. Se ROBIRT Pass., Blackburn, Lancashire, ironmonger. St. RALPH DARLINOTON, Lancashire, money seri- M IN ruler. et_ SCOTCH SEQUESTRATIONS. DUNCAN APKENzin, Appin, Argyleshire, farmer. ALEXANDER COWAN THOMPSON Glasgow, tailor. THOMAS SLOAN, Edinburgh, wo od merchant. WILLIAM BROWN, Glasgow, dealer in sewed muslin'. WILLIAM COCHRAN, Paisley, joiner. JAMES GEDDES, Edinburgh, spirit dealer. JUAN STEWART, Glasgow, ironmongers. REVIEW OF THE CORN TRADE DURLNO I -61, THE PAST WEEK. Mom the Mark-lane Empress.) BRITISH. During the year now closing supplies have been almost constantly in excess of demand, and with the exception of a temporary rally in June and the early part of July, the ten- se dency of prices has been uniformly downwards. The rise 11, 1 alluded to was caused by fears entertained respecting the 10 probable result of the harvest, owing to the mad ungenial &a weather experienced in June, and the occurrence of sharp ti• frosts on the 4th and 11th of July. Before the end of the c o ' latter month the weather had - become, auspicious, and to though harvest commenced somewhat later than usual, 30 August and September proving remarkably fine, the crops 01. were well secured. Meanwhile foreign wheat and flour 61 . continued to be poured into the country from various quer- 4, ten, and the natural result of this state of things was that " 9 ! the advance of June was soon last; and when the home to ° growers began to being forward supplies of the new crop, is; they had to contend with heavy stocks of foreign corn and ruinously low prices. Very little new wheat appeared at Mark-lane till the 1 : 18th of August, when about 1,000 quarters, the produce se of Essex and Kent, were shown; the quality met with so universal approval, the samples ranging in weight from at. 631bs. up to 661bs. per bushel. The opening prices Fo. were, for the liner kinds of red 40s. to 425., and for white r, 435. to 455. per quarter; picked lots in some cases Is. per " quarter more. Low and unsatisfactory as these rate tin questionably were to the growers, they were not long main- Se tensed, and before the cline of September capital red Kent- Sa lob wheat had been sold in the metropolis at 36.. per qr. . 81 . From this price it must be recollected a commission for sell- r y ing, and the charges for transit to the London market, had e t , to be deducted. About the same time heavy Lincolnshire and Cambridgshire wheat was sold at the ports on the east so , coast at 335. per qr. and lighter qualified at proportionate • rates. These facts will, we thini, satisfy all parties un biassed, that even with a large produce the rates realised lei cannot have remunerated the producers. Within the last month or two the tendency has been rather down- " wards, and common malting sorts may now be quoted 285., and superior 31s. to 323. per qr. se The value of oats was very nearly the same in the com mencement of the year as at present, and no material change 176 took place till the spring was well advanced, when old „, stocks began to run short, and prices gradually to move •" upwards. At this time stocks of home-grown oats were u completely exhausted, and the rise was therefore a hard ship rather than a benefit to the home grower. The ad vance in April and May amounted to Is. to 2s. per qr. in most parts of the country, but in June large supplies began r s to reach us from Humus ;as these increased the markets Isi felt the influence, and Rigas, which at one period coat- se minded 18s. to 195., had, by the end of August, fallen to 121 16s. per qr. The first supplies of new English and Irish, ss nevertheless, sold tolerably well, and this grain, like barley, !?, has hitherto commanded relatively higher prices than wheat. Beans and peas were, at harvest time, estimated at a full so average in quantity, and the quality was also well spoken of; the value of these articles has, however, improved ma- Se terially since that period, which we ascribe to the probe- 16 bility of the northern countries of Europe requiring their i „, owe growth as a substitute for rye . and potatoes. This has 3 ? naturally influenced peas more than beans ; the rise on the latter has consequently amounted to only a few shillings; but white boiling peas, such as were sold in August at 265. to 28e., have since realised 381. to 405., and are still worth If 6 4 31,. to 335. per qr. in the London market. FOREIGN. The 'deices from abroad are at present of little interest, and it will be unnecessary to enter into any lengthened Sl comments on their contents. The weather had, it seems, been of a similar character on the continent as in this country, and In the early part of the present week the maxi- 1t... Kaden of the riven and harbours in the north was still free. 1, We learn, however, that the discouraging accounts from hence had checked all disposition to consign to Great Britain, and scarcely any shipments were in progress. We have no Minnie letters of recent dates, from which we conclude that nothing of importance had occurred there. toal The last quotations were, for common qualities of new wheat, so weighing only 59ths. per bushel, 375., and fine mixed. old, s 40s, to 41s. per qr. free on board in spring. From Stettin we have advice' of the 23rd inst. Rye was 1 0 1 very scarce there, and could not have been bought below q 384. per gnarter, 661 b. to 581 b. quality, free on board in s ; spring. The demand for wheat had been comparatively tR slow, but holders had remained very firm; 611 b. yellow ar. Stettin was then quoted 40s. 6d. ; and 621 b. Mark', 41s. 6d. to 425. per qr. free oa board in spring. Barley, of 621 b. et, • weight, had been offered at 255. 9d. ; andsmall boiling peas, 13 4 at 33e. per qr. free on board in spring. So From Rostock we learn that good supplies of wheat had Is been brought forward by the farmers, but that this had not le had much influence on prices, owing to the necessity to cover 6 the sales made earlier in the month to Hamburg speculators. For good 611 b. to 61ilb. red wheat, 38s. ; and for heavier de scriptions ;. proportionate rates had been realised. In spring o corn there hod been little doing. Barley was then worn Vs. ; and peas, 253. per qr. free on board in the spring. For to immediate delivery wheat might have been purchased at U 40e. ; barley, at 2as. 6d. ; and peas, 28s. to 28s. 62. per qr. free on board, and freight to London included. te At Hamburg, business in wheat appears to have been confined to local want., and few bargains for shipment Si from outports bad it teemed, been closed. There had been 1 7 offers from Holstein at 40s. GI, and from Rostock at 40s. ~ per qr. Barley for spring shipment from the Danish ss islands had been offered at 225. 9d. to 23e. 3d. At 22a. 6d. there had been buyers. The reports from Rotterdam of the 22nd of December !!! report aWe demand for white Zealand wheat for Belgian ; account, in consequence of which prices had risen 6d. to Is. s per qr. Red wheat bad, on the other hand, been difficult of disposal, though offered at previous rates. At Amster dam some excitement had been caused by a purchase of I 3,000 qrs. Dudek and Konigsberg wheat, at prices equal to 48s. to 50s. per qr. These purchases were said to IMO I been made with a view of consigning to London-a cone" which, considering the value of similar qualities here, it is difficult to understand. At Paris, and most of the markets in the north of France, prices of wheat and flour have lately advanced materially, and quotations are now too high there to allow of business being done with this country with advantage. At Mar seilles, on the 22nd December, fine flour was quoted 271., second 26e. 9d., and third 23e. to 255. per nick free on board. In wheat little business had been done. Polish Odessa was quoted 31s. per qr. free on board, and freight to the United Kingdom was 4s. 6d. to 4s. 9d. per qr. The most recent advices from the United States conann the news of the closing of the inland navigation, and at' New York prices of flour had consequently undergone a further small rise. RAILWAYS. THIS DAY. Two o'CLocc This is " ticket day" in the share market, and the arrangements for the settling have been in full pro gress, but numerous fresh transactions for the now account have also been entered into, and the market has worn a decidedly buoyant appearance, a disposition to anticipate higher prices being very generally evinced. The rise to-day is most marked in Great Westerns, Lancashire and York shires, North Westerns, South Westerns, North British, South Easterns, and York and North Mid , anda, but the full advance of the day has in most I instances not been quite maintained up to the present ----- There is an increased disposition to operate in French shares, which have further advanced. North erns are particularly buoyant, and have risen U. per share. MARES AND 2aming pries Yestaiday. Nales to-day up le I p.tualorley 12k IiaiLWATII. SO I Aberders S Atnbag, dottlnh Wain. I sad Ent Junction 133 1 131na.W01v. &SiourVallev to BirkenbeadAsacealth e,& . _ dr 1ua....1aa, 100 Ilklatra - a7d - Elatee 60 iCalednalaa _ 60 pent 41 sal Biped 45 IDablia and Beltart Jane... all Dundee, Perth. and Aber __ I dean !awl= ... _ _ _ _ . I . E.;l7 s 7ll74ThsCa I and Lk U). . If Do. (EIS E. Easters Cauuties IS adder's Cake, Ill Ass A.. I 1! _ etas* IS . and C dltu U iteaTllneasitr; :Tr. 6i Do. New I shares SO PAW t test India Dock -- I indThiirn: funellon de Edinburgh and Glasgow fa ilkUnburign, Perth,Dund• IN Cdavow* South Western U area N , .rthern ... - 19; Do. 6s es har,A,Deferren. 14 Do. abare.9l, 6 pee*. 90 ElLSouttl. anal Went. (Ise.) 100 Orest Western 90 Lancaster sod Carlisle .. II; Du. Third. '2? lasca . l24e .rtd Yorkablet 13 Do. NAM .. 111 Do. Wen Itkitaitlolott 30 Leeds Northern 11: London and blaatwall - 'lOO Lon., Brighten, t tl. Out IWO London 3t North-Wester'. 22 Do. do., shares 12 Do. YUMA . 1 Do.Sloen.,ll.Utill.(et 100 London & South-Weateru Ili ho., £lO 34 De., SIO ilanen.,box.,indliaCort 100 Ilanen,nbat.,3lLittootnalt. 12 Do.Man.*LineL Union 1012 %Meal - • .. 100 Do. Birm.and Derby 121 Midland Great Western(l) )3 Newmarket ... Newport. Ahergsvenny. mad . 7 Newry and Enniskillen.- .100 !terkek 16 Do. N0w . 120... - 35 Northern Count's+ Union U North British 175 North Staffordshire_ 19 North Wester... . 2 ... - North mouth Weet * .ltme. 30 Oxford, Wore, & Wolter. 15 isottisb Central 25 &cutlets Midland ... 23' Darien. 131 *intr.& Darien.. anns A 9, Do., Claw+ 8.-- -. C uhrsweburyiellstelneeOld ihrewobury aid Chute' M c. W. M. 119 Do. oowwtry I Do. New 65 Shro Su Soot chire Debts 36 South Emtara .„ SO lout!) Wales 15 tooth York.h.ttlUrettou. t i s 1 H 7 41 II 3 36 13 IN - 'dim 54 e Is I " e l s, 7 ely ;1 11 1111 pa Si 2 li 1 n 86 S 7 IS Itlllrliot ~nJ llmkimliee I ivresTe - a - g;;;it ----- WI !Waterford sod timetiel 49 SI Si SS S Se 181 64 13 35 67f 76 _i :I"' 2 Ilr4 is eau. T 6 „ I IS Sl_ 11 - if clla 58i Sit 28 SO NI "U0 .1;:iii.7.70;; 9 Ilo.O.N.E.Purdwas SO Took sad ?Soak MitassO LINE/ LEASED AT 11 —1 "41111.r.VM.-"..Ta°3l:24jaz.l— II $ 3f if dli are el 1 is 7 ro - 01: 1. It Ts 1101 Ditto without a imaatet (hand to GraatWailira all Bier, Waiv., Deasy eallodal Dessol l t i o== all Ditto wltimatsgaarattae e (lrrlr OreatWattra 91 U 141 lii die 3 Ti die 7 11 8 71 4118 t 3l ie Tar 131 11i 13 9 91 71 S 61 61 44 I 4i 3. tie 14 16 7 9 10 . 11 .. -. St 11 414 14 1.1 111 311 23 SO SI 21 di ll_ 10 i► ii ii ii die It 19 3 61. Y 23 13 Se 30 SI 21 II IO pai 7 9 pa In lei 41 43 17;1 o Lasko.; D.Wiltsral 50 Clydesdale Jonathon Deasid teoeWeir ... 25 IsolUateladiereowilp.CLl (lessal Se Otlderthera), 324 U 211 alemeter Is Dela Pored Dessedto Oreatifeetere 14 npa adiMiley4l.lerkialldld 104 100 25 :45a. .1. donee rits)...; 53 U Ile D area' (di tto) 144 234 50 added lallsad 1016 DA 126 Isis sad Disiowielt Deemed leant\ Seitsral 111 121 10 Ditto frelloutee (ditto), U 20 Lotteeteilteameperpeat.! I liNorTa so Ittortliniallsgas 3 perC l - A;0 7 4. -1 ; 43 ago aar sew n Promawyr•o«.:T.Oo: aN.WooLitLeat.arfork I t Ditto siorosaa 30 (loomito On& si Rooms. illItildo(koo. M. Mat llorlitoto el Do.lll azion.(dltto 94 eloodi amirdolin Owed U Mr. Wefts. 25 War i. 0.7.9 p. Ct. Rut. , 100 Wilts t lloorroot (Imo , to Groot Wootton 14 II SS 67 6 7p. 43 45 Se 9 4 1 99 211 211 7 81 it 2pm 2C 11 die 22 U 91 93 9 . 11AR16. 13 111 1 1 dls 2 1 21 caledocuas —... 7.7 13 Mester and Holyhead ... all Dundee, Earth, and Aber. Len Junction 84 ZastAinglisa(lll.lo6)6p.o.. laaterneoundse &tens, $ per Ct. No. 1 10 Ditto do. Ns. 1 Do. New 6 pee Cent. Stook SO liaat.Unlan,dr e t t p.o 3 Edinburgh. and Dundee, Se per ... 114 Great NT: se r mo n/ per g. Dco.ct.l spatailawsommoirlial 6 asublzokiarka, 160 lA ~ Do. 11 pre Oat Mut .. too Lasimllef6.om I' to PreLIgarRANNI6I66I, _ 1 Pm I al 10* 1 1 3 1 1 114 I 11 PEI ya lin is 191 1 161 51 6 100 IDWiloVe - luWer . Eirt - C 1511Loadon t N.W0u.1009. Nourka) perOmat 5 LadsoldllkWatusXur UMaaabal 0041 10 Do. Now SS d De. dad 100 ltiOrdOnalr.lal..lp.Cl MN ?Maur Doi.Ourristud porCt 1 14 f 14-3 1 1 1 1 om toi i 12 12 133 134 lit t l et 4 4t 4 all l.Martb IlesibsiiiirS ▪ 00:44 Wassiss. sad AlS.Ssir Oast • ilessmallima.NowOusr. IS lassio(Nor.W. as.) S sir Oast.. ... SS dos& Dom 17 171,14/I rtli of remelikk Wm. ClUlta a dim par ft lea minor; EA 20 11Makin,? rane and e (Veracc) Asians . 20 'Centre 8 pada lilatalan .. .. IS ISsat Indian ... ... .. 3 Grist Indian Missals -34 Da. It tuembomE 10 Do. t Da illnawayi .. 8 Do. de. 14ew ... .. 90 Yams and UP - 16 Nsidillneflaranas ... - 9 Orions NA PSOSISOX ... 20 Pawls nod aim .... .. 20 Parlous. Mn .. . 1.... 18 Paris mg stmobses; ... SO lona arl 20 Bonn ma Mums ... 17 mil Nola ... .. 80 Wait IFlssion—. ... ... 331 871 1 ISe 18 II 13 IH II ILWATII. 1 1l llf 19; 11 dia rgo I I " 2 1 gi 151 7 1 a 101 IS 171 SO te 1 9 It I Ili I 16f 1 64 11 i 19j Ili 1 61 6 17 17i :0 3 dja 22 26 21 21 die 9y 91 4 Si:l4 dig_ 3 41 161 9i 4 The following are this day's sales for account : ORDINARY SHARKS AND STOCKS. Aberdeen, 121; Bristol and Exeter, 81; Caledonian, 181 1; Chester and Holyhead, 211; East Anglian, 181., E. and H., 2j; Eastern Counties, 7; East Lancashire, 151; 12 129 i i 111 Si dv — BO — BB 16f :68 201 211 2* dim 6 7 Great Northern, 19 1 ; ditto, A. Deferred, 61; Ditto, B, 6 per cent., 131 1; Gt. West., 88181 71: Line. a n d York., 6IA 1; ditto Fifths, 51 ; Lon. and - Blackw., 7A ; ' London and North Western, 1181 171 f ; ditto Fifths, I. ; ' London and South Western, 871 7 ; Manchester, Shef field, and Lincolnshire, 31; Midland, 581 1 ; North British, 71. Oxford, Worcester, and Wolrorhampton, 114 ; Shrewsbury and Birmingham, C 1 2 ,11 A, 6! ; South Eastern, 22/ 11; South Wales, 39; 29 1 ; York, Newcastle, and Berwick, 19; ditto Extension, 11 13i ; York and North Midland, 231 1. LIVE LEARED AT MEI/ ILENTALS. Leeds and Bradford, 1021. .TRTFEUENCE MARES. Great Northeru 5 per Cent., 131; Midland Preferenee,4l. 701tEION 1111 AXES. - - - East Indian, 21A; Namur and Liege, GI ; Northern of France, IS} ; Orleans and Bordeaux, 41 ; l'aris and Strasbourg, 16} a ; Rouen and Havre, ; Ssabre and Meuse, 4i ; Tours and Nantes, Bi. MONEY MARKET. THIS DAY. Two o'CLocx. There has been a rather more varied business in the English stocks to-day, and the transactions have included further investments in the Re duced Threes by the government broker, but the general feeling. of the market has been flatter, and with the manifestation of more disposition to realise, accompanied by an absence of active purchasers, quotations have experienced a reaction of 1. The revenue returns are looked too with some interest and unsatisfactory rumours have not been wanting in some quarters, but it is difficult to see what ground for an unfavourable reading of the market and of the trade of the country can be deduced from the possible falling off in any ono branch ot our fiscal resources, and which is capable of easy explanation. Attention has already been drawn in the E.rprest to the probable effect of recent legisla tive changes on one important head of the return. Consols opened rather widely quoted, 971 to 4, and are now 1 lower than yesterday, at 971 to 1 ex div. for the 16th January. The actual business prices are:—Throe per Cent. Consols (shut), 983 with div. for money; ditto, for account, 971, ex div. • Three per Cent. Reduced, 981, 971; New Three-and-a-Quarter per Cents., 99 981; Anna. of 30 years, 1859, 61; South Sea Old Ann e ., 971 ; Ba n k Stock 215, Y ; ditto for account, 215 Exchequer Bills maintain the late advance pretty well, buyers offering at Cilis. prem., and for India Bonds at 675. prem. The appearance of the foreign stock market re mains good. Sardinian loads have further risen 1 per cent., and Spanish Actives 1. The settlement of the account is in progress, and proceeds satisfac torily. Mexican Bonds are very well supported. The sales as yet effected are as follows: Brazilian Old Five per Cents., 943. Austrian Five per Cent. I Bonds, 79. Dutch Two-and-a Half per Cents., 59 1 . Mexican Bonds, 274. Peruvian Five per Cents., 1849, 911; ditto, Dtferred, 47. Portuguese Five per Cent. Converted (Brazil guarantee), 921, 911 Sardinian , Five per Cent., 86, 851, 861. Spani s h Active Five per Cents., 213, ; ditto for account, 213. Yesterday was continuation day in the railway share market, as well as in the foreign stock market, Wed nesday being the account day. The following are sonic of the rates which prevailed in the early part of the day : London and North Westerns, to continuation. Great Westerns, 1 to 1 continuation. Midlands, 1. toy continuation, with some givers taneashire and Yorkshire, „ to 1 continuation. South Easterns, 1-16 to ,CcOntinitation. South Westerns, a to I per share continuation. Eastern Counties 4 per cent. to 1-32 continuation. Great Northernsl-32 to 3-32 continuation. Oxford and Worcesters, 1-16 to continuation. Caledonians, 1-16 to k continuation. At a later period of the day the following rates were negotiated: York and Newcastlesl-16 to 3 16 continuation. York and North Midlands, 1-16 to 3.16 coutinua- London and Brightons, continuation. Blackwalbi, 1-16 to 1-32 continuation. Ambergates, 1-32 to 3-32 continuation. To-day there is little movement, the arrangements for carrying over having been mainly completed, and the rates of contago rule about the same as yesterday afternoon. There is rather more firmness in the market for the new gold mining shares, but prices are scarcely changed. The announcement of the failure of Messrs. Clay pole and Son, of Liverpool, has been made, and has excited a general feeling of regret. The firm were chiefly engaged in the West India trade, and the casualty is attributed to the full in the price of sugar. What may be the ultimate loss to the cre ditors is not yet to be ascertained, as a considerable portion of the assets of the firm is understood to be in the colonies, and not susceptible of ready realisation. The imports of specie from the United States con tinue extremely large. The amount brought over by the America is no less than 230,0001., and the quotation of exchange on London was still well sup ported. The accounts from the American stock mar kets refer to the increasing scarcity of leading secu rities, and an upward movement in the bonds of the chief railroads, which is in a great measure attribu table to European orders, but in the selection of thcso latter securities great discrimination is exercised. It is noticed as somewhat surprising that with the low rates for several descriptions of American securities in London, as compared with those current on the other side, stock has not been thrown in considerable quantities for realisation on the United States markets, where they would find an active market. The report of the Secretary of the Treasury is looked for with a great deal of interest by capitalists in London as well as on the other side, and the Mexican bondholders are also on the alert to see what allusion will bo made in it to the payment of the two millions and a half of dollars of the indemnity money, which sum has been made over to them by the Mexican govern ment. The subjoined calculations show the rate per cent. per annum yielded by the various securities cited at the average of the prices which ruled yesterday. Where the asterisk (•) is prefixed, it is to be under stood that the share rate of interest is less the in come tax. It will be seen that in every case we tako the rate of interest last declared as the basis of our calculation. To render the calculation strictly accu rate, the proportion of interest which may have accrued since last dividend period should, m each case, be taken into account: Three per Cent. Gown (chat) 'laid per art. E 0 0 0 Throe per Oct. Reduced price 461 it 3 1 11 New Thrmand-a-Quarter par Cents .. 90 .9 3 5 7 Dank stack (dlr. at the rate of 7i per cent. per annum) Inila Stoat (din. 101 per can. pa . an ) (Mint) „ trehaquar 1. ills Ont. 144. per day . 56.. pan. „ East Indian charts, IW. pad (ruaran teed die. 5 woad. per mown) 3l Great Wagers* £lOO W. (dlr. at the rate of 4 per aunt. par annum) 67 Lancaaldre and Twinkles £lOO $ 9 5& 0 u 0 2 4 4 4 3 8 4 11 111 t. 3361 Bto7.lo 7 ltilv.7the rata oft per Wit. onLoodon sod Synth Western* Stock el (dividend at the rate of Si per cent. per annum). 36 Leaden and North Wolters* Stock (dlr. at the rate of 34 per arm. per ann.) Midlands Ilo m i . eldlr. at the retest :4 per ant. MI. %nth Stock (div. on the 33 3 whole reared the rate of 3 per amt. . per SIM) York, Nanrcentle. end Berwick Stocks 111 (die. at the rate of 3 per amt. per annum) I)(4.—Sete DOT. L.me Ann uitlet. (hut ludla Eftoek, chut Ditto 1)ontic,1,0001., Cb. 65(. &chequer ifill.l.UuW. L, a COL ( FUNDS. 3 per ct. Mariam, 27i 81 Perertm 91 3 464 4 1 ft 1 14 0 " 4 3 5i ENGLISH YU: Doak S CIL Ilearte leek. HA 114 per d. VS f tCt. Oro* shut per Ct. Comb. EH (NAM.. 111 I IFOREIG: MK CL 11434144. N 4 C. C 2V ia g i r . "1 (1 per CL 6 pee Ct. mom. 3pa Ct. CHM% 4 parOL peplek. per t fi te DOM. 611 OP per OL Del* Of 11. S wador. Gte 3 1 per CL essie. H 111 Ilardtalsa i per 4 3 9 3 18 Ili , 5 v pZ Ct. Fern — iten,lif Meta Deferred. 46; Te 6 per Ct. Portuguerr, 60 3 5 per CL Roadso, 113 46 per Cl. Keaton. 102 14 3 5 per Cl. Spanish, Arley*. ill I 41 1 3 repr o =ri I ix pat Ca Vuela. Do. Deferred. enez 1313 36 7 ,la. 66 to so. Wig. dr 0". i 1 , n . r riT - : r: , * ( 498, 1 .: L 4 6 - ' A I • , I'. , , .. „ ..S. • • .ay . -4,.