The Express. — London, England, 1868-07-22 00:00:00

THIRD EDITION. 1M PhRIA L PARLIAMENT. Tioi $F OF COMMONS.—(THIS DAY.) Th, .-.l.l•Axt n took the chair nt a quarter past 12 oclock. THE. CORRUPT PRACTICES BILL. &in ii;A:ICIIIICLL-HUGESSEN said he had heard f•.it - h , m. member for Bradford bad asked a question th v I ad a the government with regard to the rescind inc o f •:.,- claim in the Corrupt Practices Act, carried on ,•s•n of the member for Brighton (Mr. Fawcett). end t! .t the right hon. gentleman answered that slu mn^ ,t would be done would be done with due Itlit he eaw in the papers this morning& notice to • ?ins,. 83, and be asked the right hon. gentleman It 11 ••• te , t come mistake? Dlr • -1;.‘11.1 said, after the bill had been printed it . ,I.t important that a motion should be made to r n„. with regard to the clause in question I. TS ii• moment the decision wassrrived made to those who were in .• , 31.4 . nilb. ;olitlemen on the other side, and , • p.l ..n the paper they were informed of it. • , :.•!:11'. to have given a longer notice. &i• .• ITE .••••••1 that as they only knew of it .•• 12 laq night the motion should be made for •i, .••••iding. .• -•;.1EL1 was understood to reply that that could ~ • It AND CAMBRIDGE UNIVERSITIES BILL. , • motion of Mr. BOOTERTE, who moved on , Mr. Colvridge, the order for this bill was dis i the hill withdrawn. tl TIC'S SUPERANNUATION (IRELAND) BILL. m scion of Sir C. O'Loonms, the order on this i. discharged. THE CORRUPT PRACTICES BILL. - jet of the proposed alteration in this bill was oight forward. 'ISRAELI explained that he had given notice of • , • amendments to i,pply the bill to Scotland and Ire . Th e y wer e thesti c of a technical character; but if vmition wore made to them they must be withdrawn. MONSELL said nothing could be more antis- Mr. IIEADI.ATif :bid there was a general agreement • the opposition side of the house to accept those amend. nb. Mr. BOUVERIE expressed his doubts about this half ...dation, especially as no Scotch lawyers and only one :Two Scotch members were present. Mr. MELLY was glad the bill was to be extended to aid and Ireland, but highly disapproved of the pro to strike out Mr. Fawcett's clause. Mr. Serjeant OASELEE entered his protest against the of the Prime Minister, and said he would n. r the bill were thrown out altogether than passed Mr. Fawcett's clause struck out. Mi HARDY remarked that the hon. member was so - ...bed to use strong language that it had no effect. . 1-nel STIEB and Mr. I,ll4atier expressed their ,if the extension of the bill to Scotland. Ms. ENATCHBULL-HUGESSEN said what they were 6... mg was the procedure of the government. The of the hon. member for Brighton was passed in a • ..: .4 nearly 200 members, and when the hon. member • asked if it was true that the government in ; t., try to rescind the clause, the right hon. gentle ;_c with great indignation said nothing would be .• without dee parliamentary notice. Well, was such a thing as acting up to the letter, to the spirit. They all knew the government ii.ceinous power at the close of a session, as they keep their supporters together, but they ought not • , -ro.rwn a decision arrived at in a house of so many [Left speaking.] .;17(),Y4L RIFLE 4830CLITION.-(THIS 11It , council met at half-past 8 o'clock this 1 - •nmg, and there was a very full attendance. Alter it--:t ha!! an hour, they decided that Corporal Pecks, of . klaancashirs, was disqualified from taking the en's Prize, gold medal, and gold badge of the asso • on, for having violated rule 8 by using a wad and %lig from a powder-flask instead of using the govern. •I.t ammunition. It is to be hoped that this is the last , ball ever hear of such disputes at this meeting, as ntinuance of them would tend very materially to !lrd the prosperity of the National Rifle Association. 1,, second stage of the Albert Prizes was commenced this , -sing for 1001. and the gold medal of the Western India Association, annually presented by the Council of .k,zociation. The competition restricted to winners in trot stage. Sewn shots each at 800, 900, and 1,000 i 4. • ly new competition was started thii morning th. Goa time at this meeting, called the Nursery •, of the total •alue of 1001., the competition open to who have not been winners of prizes in the ~ r umpetitoes for the Elcho Shield at any of the uebledon prize meetings immed Maly preceding f current year. Several, old competitions were 1% EATHER REPORT.-(THIS DAY.) WSPIMSDAT. JULY 2T, 9 A.M. Lange has °enured in atmospherical pterme since It, the south of kligiand some diminution is shown mug, but readings at southern stations are generally Temperature is higher in the north and west. '.II very light and variable, with a continuance of wort of England. Fog has prevailed on the • It. Lind, and the weather is fine on the Channel 1:1 PING LITELLIGENCI-(THIS DAY.) (lIT TELECIELPH.) NJ) r2.—Wind at noon 8., light airs, Rae, heat - •'s : Queen (of Shoreham), here Shields ntw•gJr; Veteran , Quebec; Aretso (of Sak°mbe 4' ; Funny Suppieicki, out, for Oibralter ; . 4 Whitetable), do. ; Zane (do.), do., both toe the Adelaide. Arrived !rein the river and sailed : bit Cardiff ; Iron Sing, Calcutta ; Sophie, July 21.—Ssard normann (.1.),_ for New York. Nulral : Lae Amalie, for Moore Video. July U.—Az:hod Plying Foam, from West .‘.rrviTa : Queen of Britain. from Barbadoes. .. 1, 4y 21. Sailed: Helen Strack, for Singapore; • ; 12isa Maria, Santos. ".., July 21.—Arrived : Newcastle, from London for IF—flailed : Ye e or Newfoundland. 1 rily 21.—Aerived rmaid, from Rangoon. Wed: • Janeiro; Ivanhoe, New Orleans; Lyman Cann, ' • Flimby Harbour Omer; Colorado, Calcutta; New Y uck; Cam, New York; Rub Roy, ' s , vived: Brian Boreimhe, from Quebee. ' • Tidy 41.—Arrived: Glen Monarch, from Callao. inly 19. Arrived : Roark from Mirimachi; Rae John's, Newfoundland ;both not ma reported per July 1 • ,u d ef fur 21.—Aiverpool rrived : City of Baltimore (se.), from t L. CASUALTIES. 1 . 1 ) r.—The Crapaud, from Guernsey to London, (Ape Ls Hogue, belonged to this port. Brook, • lily 21 .-Tbe Mareptire, from Li.bert to Olotweater, ; foremast and mainmast, and lost yards and off Lisbon. ,f 1 %;i". Jul! di.—The new three-muted schooner while being launched trona the building t ho Putt Garmouth„ July 18, and sustained ooa- lul! 41.—Two bales of cotton wee' pared 25th .S. I , w . 40 W. by the Marian, arrived at this _ Peet •\ 1) ExrErrprrußE.—According It ton t.LII ' 4. ' 4 this morning, it appears that the during the year ended on the I 'l " 102,2961. 14s. 11d., whereas the ..y l9s. 11d., thus showing a de „ 1 • • 'as and a half sterling. • I.ord Palmerston were Man , j * • storday. One is a window in the ring of a triplet of lancets at the • • The centre light is 39 ft. by 5 ft. 1. lights are 38 ft. 8 in. by 4 ft. 2 in. thin window, which is from the works . • • I 11,11, :ind will cod 1,000 guineas, is to 1.1. ~f government descending from At the bottom of the window are the , rd Lon! Palmerston, and the inscription ' Palmerston, ob. 1855." Service • concluded, Mr. Noble's statue n. tb, market-place was unveiled. The •. two nomorials was nearly 2,00 W. The tV. E. Cowper, M.P., entertained a select at Woodlands, in the evening. I.AIIIEIt TN TILE NORTH OF IRELLND.— • .14 31 ~f wind yesterday (Monday), with m tb, veiling; but the close, oppressive Whtg. ~,:. , TEE EXPRESS, WEDNESDAY EVENINd, JULY 22, 1868. LATEST SPORTING INTELLIGENCE GOODWOOD NOTES, NOTTINGHAM, AND SOUTHAMPTON. TO THZ Rams or rirs intrazo. Sig,—Thoee who saw the field for the Hunting donshire Stakes pull up might well quake for Goodwood. Out of the nine garters only about three were able, good as the going was "in places," to drag one leg after the other when the two miles had been covered, and at first it was thought all the first three had broken down. Success soonest got over the effects of his journey, bad as his legs were always understood to be, and Chelsea limped more from soreness than any other cause, having a rather jaded appearance when he came out to run ; but Choral so alarmed her Goodwood Stakes backers that at MO time as much as 1,000 to 16 was to be had about her, and even whoa the welcome news was made known that she was all right, later in the day, none dared to accept the 1,000 to 30 offered. In my opinion, she will see the old price again, for very little appeared to be taken out of her by the struggle, and her friends must not despair of victory yet, it being something to her credit that she got as close to Chelsea as Tabouret did at Newcastle, though this will prove a somewhat rotten line to hang upon. The Goodwood Stakes performers behind Choral—Pest and Leases, may be summarily dismissed, their disgrace helping further to reduce the strength of the field, and yet 7 to 2 is easily attainable about Corners whilst nothing but Xidderiainstee, of the old favourites, improves in price. On the contrary Romping Girl, Oar Mary Ann, Eye-sore, and Papillon, have gone to almost as obscure regions as Lucifer ; and the only candidates at all firm at this writing are Mr. Johnstone's Tynedale and Tabouret, the Doke of Newcaatles Gomera, Lord St. Vincent's Cannon Ball, Mr. Lincoln's Kidderminster, Captain Barron's Fidelia, and Mr. Stephenson's Stradbroke, Mr. Paris Ecarti going rather badly in the market. Mr. Lincoln acted with wise discretion in withdrawing both Kidderminster and Ilium—and rowing in with Success—from the Hun tingdonshire Stakes, and I shall not be at all astonished at his young one turning out a very useful second string on Wednesday next, whilst it is not 100 to 1 against his proving the better of the twain. It will be time enough, however, to entertain this question when the betting has settled down, which may not be until the eve of thorace, forin a few hours we shall have the Stewards' and Chesterfield Cups and Nursery weights, and book makers will thus find fresh employment. I hope to be early in the field with a useful hint concerning the first named, and shall notice the handicap as soon as possible ; but it is " hard lines " to have to prophetically discuss even the smallest event these times, when owners of horses do not know their minds for two days together, and I shall very briefiy touch upon the remaining business of the current week. That it will be slow there is no doubt, and neither Knutsford nor Kingsbury need claim my at tention, as it is easy to perceive the only good things in the Cheshire bill of fare are Melody for her two races. Nor is it necessary to dwell at any length on the Nottingham events, the following selec tions being merely subject to whether the animals named put in appearance :—Nottinghamshire Handicap, King of the Fairies or Fidel* the latter's starting being doubtful. Stand Plate, Coup d'Eclat or Miss Frances. County Members' Plate, Marshal Ney, whose owner, Mr. Payne, should land the Beedgate Handicap if be can beat Vixen. Robin Hood Stakes, De Vera. Clumber Park Stakes, Rosa Pauline. Nursery, the Iraperatrioe colt. Rufford Abbey Stakes, the Rajah. The remaining events are dependent on the first day's results. I shall leave the local stables to do as they list with the minor handicaps at Southampton, and concentrate my affections on Flower Girl for both the Two-year-old Stakes and Cork Jacket for the South Hampshire.— I em, de., METEOR. Wednesday Morning. HUNTDTODON MEETING.—crms DAY.) PEEL HANDICAP. Cornet Master Willie Miss Hayes •. 6 ran. GOODWOOD STAKES. 6 to 1 apt T. Dawson's lot (t). CORPORATION STAKES. Three quarters of a mile. Lyminn, Messenger, King Richard, Hop Girl, Ex preesion, Red Ribbon, Scout, IMadrA, Caw* Lavinia, and Chimes are here. MILTON STAKES. T.Y.C. Belle of Warwick, Bin to Veda, Chanoinease, Perfume, and Melody are here. HUNTINGDON CUP. Two miles. Chippenham and Strathconan are here. APETHORPE SCURRY HANDICAP. Three-quarters of a mile. Master Walk, Lady Bispiiie,F - ht, Warrior, Milli Hayes, Aatracan, Harlington, Ve o Mare, Cornet, Mass derwen, Macduff, Glamia, and Latona c are here. RANIBAY ABBEY NURSERY HANDICAP. Three quarters of a mile. Melody, Ring Richard, Dryad, Acaster, Maggie, Pom peii, Rosary, Violeta, Yellow hose, Little Go, Parma sana, Windiest*, and Imperatrice c are here. TIM CREDIT FONCIER OF ENGLAND. (THIS DAY) This day the half-yearly meeting of share holders was held in the large room nt Exeter-hall, Mr. MOWAIT in the chair. The moment the directors appeared there were groans on the part of the shareholders, and several of them in quired, " Where is Grant f" The Cturnmsw, who rose amidst cries of " Grant ! Grant ! " said that he had consented to take the chair at that meeting, and to preside at the head of the company, on the ground that he was to make a clean breast of everything connected with the company from its begin ning to the present time. (Hear, hear.) He asked the meeting, on the other hand, to give him • patient hearing. The report having been taken as read, The CHAIRMAN proceeded to say that, on the face of it, it was and must be unsatisfactory to the shareholders. It indicated that the directors had not only no money to give is return for the 2,000,0001. invested, but had actually lost 100,0001. of the capital. (Hear, hear.) What was the explanation of this ? Why was it that they were in this unsatisfactory position ? The first cause was that the bulk of their capital was locked up in investments, which whether good or bad could not produce a profitable return for some years to come. (Hear.) It was also locked up in unproductive investments. Why was it so locked up t That was the question which ho himself would ask if he were on the other side. But when they were receiving large dividends no one said to the directors—you are on the wrong tack. He believed that one cause of the lock up was the vicious system of remunerating the directors. The directors were paid by commission on the profits they made, and that of course was an inducement to them to float many speculative projects. Let him take the bring ing out of the Imperial Land Company of Marseilles. They were offered 366,8001. to float that company. ("Hear, hear," and " Oh! " ) That was certainly very tempting. The managing director was vended to a commis- Rion beyond his salary on the profits made above lOper cent. That left him a very nice sum. Well, how was this 366,8001. paid? It was paid with what he must call " stuff." They were paid 120,8001. in debentures at par, and 240,0001. in bills, acceptances, promisee to pay, out of this sum they were paid about 21,0001. of ac ceptances at their value, and of the remaining amount they got 13,0001. (" Oh, oh !") The next transaction was that with the London, Chatham, and Dover Company. Messrs. Peto and Betts came to them and offered a com mission of 266,787!. for floating their A stock of 607,7001. Upon this sum the managing director and the other directors were entitled to 10 per cent on the profits after the shareholders received 10 per cent. It did not follow that they were culpable for accepting this offer. He thought the shareholders were right in blaming the directors ; but be must say that they would do the same themselves if placed in the position the directors were in. (" Hear, hear," and "no, no.") They must bear in mind that these were golden days, and that people did not look on the paper of respectable firms as they did now. (Hear, hear.) Subsequent event" proved them to be in the wrong. They had cash at the bankers', and on deposit at call 66,2831. He verified this fact for himself. They had loans on freehold properties to the amount of 382,9001. He believed that money was safe, and he might say the same of the money repre sented by bills receivable, loans on securities, and deben tures. In fact, there was not an item of 61.6 e. Bd. which they had not made an estimate of one way or other. They might therefore depend upon it that in the balance-sheet now presented they had got to the bottom, though he did not represent it as a comfortable bottom. Turning to the pro- fit and loss account, the chairman explained the amount of 96,9304, the loss on the Paris streets investment. They bad invested something like a quarter of million of money in that speculation. They got back 75,0004 which wee treated as profit and divided amongst the shareholders. He was bound to say that the directors received no per oestage on that 75,0901. They were joined with • French company in the Paris streets investment, and to enable that company to go on they had to borrow 160,000!. When he came into the direction he expressed the opinion that it was better to realise their investment at any loss and free themselves from their lia bility of 150,0001. The result was represented by this 96,000!. There was a sum of 32,6834 written off as bad debts. Dealing with hundreds of thousands of pounds, it was not e•ay to make an estimate of bad debts ; but he thought it best to make such an estimate as he believed to be fair. The loss on offices of the old company was 2,9861. They had been paying over 12,0001. • year for their offices—the old and the new. The result of the whole was a balance of loss to the amount of 93,3971. The Millwail Docks Company was an excellent invest ment, and the best proof that he could give of his opinion was that he was ready to buy 10,000/. of stock at 96. The interest of the Credit Tenth!r had been sacri ficed to support the Consolidated Land Company of France. They had now a first mortgage on all the property of that company which was estimated at 1,000,000/. He thought the completion of the Suez Canal would increase the business of Marseilles, and it was pro- bable that the property they possessed there would be required for docks and warehouses. He had reason to think that the Emperor Napoleon was disposed to adopt their system of bonded warehouses in Marseilles. But as between the Consolidated Land Company and the Credit Former he promised them that it was not the Credit Foncier that would go down. There was an item of 55,3751. on the credit side of the profit and loss account. ; but of that sum not more than 3,3061. had been received. (" Oh, oh.") The salaries had been cut down from 9,0001. to 5,000/. The expenses altogether had been reduced from 30,000!. to 14,000/. He thought there was a probability of pay ing a dividend of between 4 and 5 per cent. next half-year. [The proceedings bad not concluded when we went to press.) NATIONAL DISCOUNT COMPANY (LIMITED/.-(THIS DAY.) The half-yearly meeting of the shareholders was held at noon, at the City Terminus Hotel : Mr. F. W. Iltmesu, M.P., in the chair. The following report was presented:—" The directors refer with pleasure to the annexed accounts, which show that the gross profit for the half-year ending 30th June has amounted to 91,2461. 16s. 2d., and that after providing for the current expen diture, directors' and auditors' remuneration, bad debts, and all other charges, and reserving 20,2641. 19s. for rebate of interest on bills discounted not yet due, there remains for division, including the balance of 1,8061. 10s. 6d. brought forward from the last account, the sum of 61,8741. Os. 3d., of which they propose to apportion 69,8414 to the payment of • dividend at the rate of 16 per cent. per annum, free of income tax, and to atri7 forward to the next account the sum of 2,0331. Os. 3d. The dividend will be payable on and after the Ist of Ai4uet. The Csamitur, in moving the adoption of the report_ and accounts, observed that no particular events had occurred during the half-year requiring comment. The half-year had passed off as well as could have been ex =econsidering the state of trade. He was sorry tude had not improved ea much as could have been desired ; but that was owing in a great degree to • deficient harvest, while this year, if re could be relied upon, the wheat harvest was likelyrrie very abundant. The amount of bad deb t. was exceedingly small, one-fifth of a penny per 1001. brie all that was required to meet them. The board had adhered, and would continue to adhere, to the safe and prudent policy which had characterised the business of the company. In reoy to a question, The *alumnus said the company had received 16s. in the pound on the losses connected with the recent commercial aids, and he had no doubt that the remain der would be paid with interest. Mr. Bass, M.P., after congratulating the meeting on the favourable nature of the statement laid before it, spoke of the advisability of reducing the liability of the shareholders in respect of their shares, with • paid-up capital of 800,0001., and • reserve of 600,0001. He sow no necessity for maintaining shares at the present nominal amount of 201., and thereby diminishing t hei r value. He concluded by asking the chairman whether the board con templated making any change in the constitution of the company for the purpose to which he alluded. Mr. Sures would agree with Mr. Bass if the shares were of the nominal amount of 601., but as it was, be thought the company should let well alone. Mr. Bunn agreed with Mr. Base, the more so as the present period was free from agitation or excitement. Another finarsomixa observed that the chief security for the public was good administration, and on that point the best evidence was afforded. The board had adhered to the principle of discounting sound legitimate paper, and if it had to be wound up all its business might be brought to a close within three or four months. There was no other company like that with a redone of 300,0091. He hoped the board would take the subject introduced into their serious con sideration. The Ciurausn, in reply, said the subject had already ewged the attention of the board. The company had lately had to pass through troubled waters, and it would bare been premature then to entOriain nob • Plextion ; but the board had now under their cals:on a plan for reducing the liability on the shares, aim .4 would be laid before } be shareholders prior to the ne"i balf-Toorll meeting. (Hear, hear.) After a few words from Mr. Czavron, Depuky-Cliair man, intimating that the directors were not yet agfled on the question raised, The report was adopted, and a dividend at the rate of 15 per cent. per annum having been declared, the proceed ings terminated in the usual manner. FORE-STREET WAREHOUSE COMPANY /LIMITED).-(TRIS DA F.) The half-yearly meeting of the shareholders was held this afternoon at the London Tavern, Mr. W. Stara in the chair. The report, which has appeared is the Evros, having been read, The eItAIRJIA74, in moving the adoption of the report and accounts, said, when they last met the directors had to confess to a crippled liminess and diminishedprofits, arena which might justly have been ex pected considering the dif fi culties of the commercial crisis and the affects of two bad harvests. However, the results of the year's business wore not, after all, very diasstrom, theaverage dividend being 81 per cent., and 3,0001. carried to the reserve fund. There were not many concerns, which, if their affairs had been subjected to as strict a scrutiny as their own, would have shown such results wider the circumstances. (Hear, hear.) Attempts were made by rivals to show that the Fore street Company had collapsed, and oue result of these aim ta was a reduction in the value of the shams. All the board could do was to live down these rumours. He was happy to say that, notwithstanding the panic which was thus created. out of 30,000 Mares only 2,460 changed hands at a discount. (Cheers.) It was cow four years and a half since the Yore-street hastiness changed lhandis. The aggregate sales during the four years subsequent to the purchase exceeded the aggregate of the four years immediately preced ing it. He was happy to say that up to the 30th of June that rule still held good—(oheers)— and be had no doubt that by the end of this year they would be able to show a favourable comparison between the five years subsequent and the five ears prior to it. (Cheats.) The business was pu on the basis of an annual profit of 71,00 W., while the actual profit realised in the fi rst three years after the pur chase averaged 75,0001. The favourable results of pat half year were owing to three causes, freedom bad debts, of management, and a reduction the amount airlock. In 1864 the value of stock amounted to 400,0001., in 1866 to 393,0001., in 1886 to 396,0001., in 1867 to 342,0001., and in 1868 to 288,0004 This redaction was attended with great advantages—a direct saving of interest and an absence of depreciation in con sequence of property being held over from half year to half year . - (Hear, hear.) If any business were exempt from speculation, that of the Fors-street Ware house Company was so. Then was not a single entry in the books from January to December which did not re fer either to the buying of goods and the paying for them, or the selling of goods and getting paid for them. (Hear, hear.) The extreme amount of credit given even in ex ceptional cases was five months. (Hstar, hear.) The available assets, after providing for all liabilities, were 1,900,0001. In conclusion, the chairman stated that the bad debts did not amount altogether to 41001., and intimated that he thought the amount still due to Mr. Morrison might be met by the Wine of debentures, and without making a call. (Cheers.) After some discussion, the report was adopted, and • dividend at the rate of 10 per cent. per annum declared. COMMERCIAL AND MARKET& MARK-LANE.—(THIS DAY.) There was • moderate supply of new neigh& wksat on sale here to-day, but very few samples of last year's . The trade was very quiet for all descriptions, at h Monday's decline in value. Foreign wheat, of which a good supply was on the stands, was dull of sale, at the late reetuctum. Floating cargoes of wheat were neglected. Maim and other descriptions of produce, afloat, were firm in value. The show off barley was moderate ; of English, trifling. On the whole, the trade was steady at full currencies. • Malt moved off freely, it late rates. Oats were in steady request, and the quotations were well supported. Beans were firm, at improkieprioss. Peas commanded as much money, with • fair in qu The flour trade was steady, at Monday's reduction. Linseed was steady, but rapeseed was quiet. Cloyerseed and trefoil were in request; otherwise the market for agricultural seeds was inactive. Cakes were firm. ARRIVAU3 OF DRAIN, kn. INTO LONDON BY WATER CARRIAGE WEEK. Fezeign Total LIVERPOOL COTTON MARKET. (THIS DAY.). (ram wiz own oonanseowniner. The market again quiet. Wes about 8,000 bales. CORE BUTTER MARKET.—(THIS DAY.) (IT TILIOILLPS. (raox outs own ociassaronmer.) 108 e., 1 Ordinaty, no ch a ge, 1,400 firkins. Mild cured, 1175., 00e. ; 190 hos. MINCING LANE.—(THIS DAY.) Sreux.—The market continues flat, and the sales by pri vate contract are too trifling to give quotation` Refined also continues dull of sale, and pnoes rule in buyers' favour. Corm.—There is • fair inquiry for all descriptions at the previous value. Plantation Ceylon, good and fine ordinary, 60e. 6d. to 62a. 6d. ; fine fine ordinary to low middling, 86s. Bd. to 675. 6d. ; middling to good middling, 708. to j9s. Native Ceylon, flue ordinary, 495. 6d. to 60e. 6d. Cocoa.—The market continues steady at previous rates. Trinidad low grey, 60s. ; mixed to good red, 635. to 63e. Tres.—The public sales are progressing very steadily at full private contract rates. Rica—The sales are chiefly confined to floating parcels —6OO tons Rangoon, at 1 Is. ; 2,300 tons Bassein, 10s. 9d., and 600 tons Necranne, 10s. 71d. Rtnx-30 puncheons fine Demerara sold at le. 10d. Sarrrwria—The market ccatinues dull. Carrorr.—There has been more business done, holders having accepted a reduction of id. per lb. Ann.-2,600 bales sold at firm prices. TALLOW MARKET.—(TIIIB DAY.) The market is steady. Town tallow, 41s. 9d.; Petersburg Y.C., cm the spot, 435. 911.; July to September, 435. 9d.; October to December, 46e. to 43e. 3d. ; December, 46e. M. BOROUGH HOP MARKET.--(THIS DAY.) Xmas. Pattenden and Smith report a steady retail demand for the best descriptions for immediate con sumption ; prices being unchanged. COAL MARKET.—(THIS DAY.) Walls End Hatton, les. ed.; Walls Rad 17.. 6d. ; Walls End Russell Haltom, les. ; W W alls End Candoc, 17s. 9d. ; Walls End Hetton Lyons, 16s. ed. ; New Belmont, 16s. 9d.; Hawthorne, 16.. HolTrell, 16e.--Ships at Twice, 34 ; at sea, 40. According to the Owl, it is arranged that her Majesty will, on her way to Switzerland, stay for a few hours in Paris in order to have an interview with the Em press of the French. Her Majesty will travel under the designation of Countess of Kent, and will be accompanied by the Marchioness of Ely as lady in waiting. Sir Thomas and Lady Biddulpls will also be in attendance. THE PAYMENT OF BATES AND TAXES AND TEI Baszernarton Qtrisisoe.—The Paddington vestry lately determined to take the opinion of counsel as to the ne cessity of payment of assessed tax as well as poor rates, ri.l*. . ing. to be as voters under the VOZ M Act of 1867. eta meeting of the ye •strj_lrl_dm terday the vestry clerk read the following . the Hon. Gemp Denman :—" I ant of otTiat oc cupiers of ' dEng-housee,' in a borough, who come within the requirement' of mo. 3 and no. 61 of 30th and 31st Viet, cap. 102, are not bound to pay the assessed taxes as Well as the poor rates, in order to entitle to vote or to be placed on the list of Totem, but that per sons who only occupy houses other than dwelling bosses' (as defined by the interpretative clause 81), warehonaos, ;counting-houses, shops, or other buildings separately of jointly with land—are so bound, inasmuch as their qualiffm , Wn is wholly under 2nd William IV., cap. 411, MC- 27 and is, therefore, one to which 11th and 12th Vic. cap. 10, still applies (see sec. 66 of the last ma of last erasion, in addition to the other clauses referred to in the question). I think that, having regard to sea 3of the act of last session and also to sections 56 and 69, it is dear that the requirements of suction 27 of the Act William IV., and section 1 of the 11th and 12th Vie., cep. 90, cannot be imported into the new act so far se relates to the suffrage gained by occupation of dwelling houses and payment of rates, and that section 69 of the new act excludes the franchise from the operaticin of those enactments under the restrictive words, so far as is oon sisteut with the tenor thereof.' " OVERDOSE OF LATIDANIIII.—A very melancholy event occurred yesterday at Congleton. Mr. Henry Scho field, surgeon, having a considerable practice in that town, being much afflicted with toothache, ltes been in the habit of taking laudanum to mitigate the pain. Yesterday he took • larger dole than naval, and symptoms of poisoning were immediately perceived. Mediad aid was obtained as quickly as possible, and every effort made to eject the liquid. but w.thout success. He was highly respected in Congleton. Be was married, but has left no family. MONEY MARKET.--(THIS DAL) ONE 0' MOOS. Owing chiefly to the non-attendance of many of the members there is little activity in the Stock Eactango to-day, and the markets, with one or two exceptions, are dull. Consols are offered, and have declined & per oent. South Eastern Railway stook is in rather strong request, and has improved upwards of 1 per cent., in consequenoo of the result of the debate in the House of Lords last night with reference to this company's bill. The changes in the other lines are not important. The transactions in foreign bonds show a preponde rance of sales, and prices have given way. Credit Fonder shares have experienced a fresh reduction, in anticipation of a committee of investigation being resolved upon at to-day's meeting of the shareholders. The rate for bills in the discount market is 11 per cent., and for loans in the Stock Exchange 1. Consols are quoted 941 to 4 for money and 941 to f for the account (Aug. 6), and tho Three per Cents. Reduced and New Three per Cents., 941 to 4. South Eastern Railway stock is in active de mand, end has risen 1: per cent., viz., to 73/ to 1. Caledhnian, Groat Western, Great Eastern, and Great Northern A have improved to 1, while Midland and Metropolitan have declined to the same extent. The prices are as follows :—Cale donian, 731 to 4; London and North Western, 1141 to 1134 ; Great Western, 481 to 49 ; Mid land, 1032 to 104, ex new; London and South Western, 911 to 921; Great Eastern, 381 to ; Brighton, 634 to 54 ; Metropolitan, 1121 to 1 ; Great Northern, 103 to 4; Ditto A, 97 to # ; Loyd)on, Chatham, and Dover, 191 to 20 ; Lan cashire and Yorkshire, 1291 to 130/ ; York and North Midland, 92 to 93; Berwick, 1021 to f ; and North British, 34 to 4. Foreign stocks are fiat, and a decline of 1 to 1 per cent. has taken place in Peruvian of 1865, Spanish of 1867, and Turkish of 1838, 1862, and 1866. Subjoined are the prices :—Brazilian of 1867, 761 to 771; Chili= of 1867, 921 to 931; Greek, 131 to # ; Egyptian of 1864, 83 to 1 ; Italian of 1861, 531 to ; Mexican, 154 to 4; Peruvian of 1863, 781 to I, ex div. ; Russian of 1866, 911 to 92 ; ditto ' Orel, 831 to 844; Spanish of 1867, 33# to 4, ex div. Turkish of 1858, 661 to 671; ditto of 1862, 64 to 63, ex div. ; and ditto of 1863, 40 to 1, ex div. Indian stocks are in moderate demand. The Five per Cents. are at 116 to 1 ; the Four, 1041 to 105; the Bonds, 255. to 30s. prem. ; and the Debentures, 105 to 1. Bank stock, 245 to 247 ; and Exchequer Bills, 16s. to 20s. prem. In the market for bank shares, Anglo-Austrian have improved 2s. 6d., the present price being 61 to 1 prem., ex div. London and Brazilian, 28 to 23 dis. ; Imperial Ottoman, 1 to 11 prem. ; Con solidated,l to / prem. ; London and Westminster, 701 to ; London and County, 51/ to 521; and Union of London, 351 to 361. Miscellaneous shares exhibit no variation with the exception of a reduction of 2s. 6d. in Credit Foncier, viz., to 21 to 1 per share ; National Dis count, 61 to 71 prem. ; General Credit, 21 to 11 die., International Financial, 11 to 1 dia. ; London, 22 to 21 dis. ; Hudson's Bay, 151 to ; Egyptian Trading, 5 to 41 die.; Telegraph Con struction, 141 to 15 ; Atlantic Telegraph Bight per Cent. Preference, 41 to 1 ; and Anglo- American, 211 to 22. American securities are rather inactive. The 5-20 bonds are quoted 724 to 1 ; Illinois Central Railway shares, 95; to 961 ; Atlantic and Great Western debentures, 381 to 391; and the Conso lidated Mortgage bonds, 38/ to 39/. The Canadian Railway Loan is at 108 to 107 ; the Egyptian, par to 1 prem. ; the Swedish, 21 to 31 prem. ; and the Tamboff-Rozloff, 2to prem. - The half-yearly meeting of the London and County Banking Company will be held on the 6th of August. A meeting of the proprietors of the East Lon don Bank (Limited) is called for the 28th inst., when a dividend will be declared at the rate of 5 per cent. per annum. It is also proposed to alter the name of the undertaking to the London Bank (Limited), and to authorise the directors to reduce the capital of the company by diminishing the amount payable on its shares. TWO O'CLOCK. Consols are without any further alteration. Midland Railway stook is in demand, and 3 per cent. better, at 1043 to 3. Cale donian and Metropolitan have improved i to 1, but London. Chatham, and Dover and South Eastern have receded kto 3. The variations in foreign securities comprise a rise of I per cent. in Peruvian of 1865, and a fall of i in Italian of 1861. FOUR O'CLOCK. Consols remain dull, at 94} to I, both for money and the account. Railway stooks are in request, at an improve ment. South Eastern is in strong demand, and has advanced 11 per cent., viz., to 76} to $. The rise in the other lines amounts to 1 to I. Caledonian, 731 to I ; Metropolitan, 1121 to 113; Brighton, 631 to 54 ; Midland, 104} to f; London and North Western, 1151 to 1; Lan cashire and Yorkshire, 1291 to 1301; and Great Western, 49 to I. In the foreign stock market, Italian Bonds of 1861 have declined I per cent., via., to 621 to 63}; but Turkish of 1866 are I better, at 40} to f ; Orel. 83f to 84/ ; Nicholai, 66 to 1; and Spanish of 1867, 35e to $. About 10,0001. in gold has been sent into the Bank to-day. At Paris to-day the Three per Cent. Reales opened at 70fr. 22c. for the account, being about the same as yesterday. Although there is no disposition whatever to question the honesty of intention of the Swedish government or people, exception is taken by some persons to the a bsen ce of any express engagement in the p of the recent loan that the bond holders shall, under all circumstances, be wholly exempt from taxation. After recent experiences in connection with the debts of Austria and Italy, it is reasonably contended that no foreign state ought in future to be allowed to borrow here without first placing upon record a distinct pledge on this point ; and in the present instance this is wanting. In view of the nature of the security s favoura ble reception will evidently be given to the Canadian Interoolonial Railway Loan, sealed tenders for which are to be sent in to Messrs. Baring Brothers and Co., to-morrow, between 1 and 2 p.m., yet a good deal of comment continues to be excited by the injudicious way in which, doubtless at the instance of the Canadian commissioners, the two nooks whereof the loan is composed are intertwined. Although persons who make finance their profession will probably snooped in arriving at a good guess as to the mean price that ought to be offered for two distinct stocks, to be bid for at one price, yet to be received in un equal proportions, there can be no doubt that the oompbcated nature of the affair will tend to deter many bond fide subscribers. The question is asked—in the event of the colony making default in meeting the interest upon the smaller portion of the debt assigned to it solely, could the British government afford to let the bondholders go empty away, seeing that the loan has been in ttOthieed under the express inaction of ; the how authorities ? It is obvious that they oculd not; and this consideration helps to bring into stronger in„ relief the injudicious oharieter of the arrangeneis. , w sdo pte d. about 7,000 sovereigns were withdrawn from th e Bonk yesterday for Brazil. The recent arrivsla five E meTici, consisting of eagles, have buss t a k en f or the continent. Th e D eu tschland has arrived from New York with 91,0004 in specie ; the Syria, from Alex andria. w ith ,2,685/. ; and the Nestorian, from Quebec, with 420. Th e f ore i gn ara i , anges yesterday afternoon prey seated scarcely any variation. The rates u regards bills on Vienna and at Petersburg were ellghtlj less favourable for those Plasm At the meeting of the Irrigation Company of France (Limited), held yaeterday, the directors' &port, which stated that the works are prevailing satisfactorily, was agreed to. A resolution was also passed authorizing the parnent of interest at. the rate of 5 par cent. on the paid-up capital of the undertakuw. At the meeting of the Brighton Hotel Company (Limited) yesterday the report of the directors and, , liquidators, and of she committee of inquiry, .sub nutted to the meeting on Friday last, was ado pte d. The chairman expressed a hope that those share holders who who have not already, subscribed to the 12,0001. required to take the concern out of its difficulties will do so at once, as the money is required by Friday next, The directors of the London Financial Associa tion (Limited) have issued their hall-yearly report, in anticipation of the meeting called for tho 27th instant. It mentions that the com pany's liabilities now amount to about 236,0001. and that the cash balance is 15,2001. All shares in other companies held by the association are now fully paid up. The annual meeting of the Metropolis Sewage and Essex Reclamation Company in called for the 7th of August. Subjoined are the quotations of insurance, gas, dock, and waterworks shares, as given in the Stook Exchange list of last evening: Insuranoe.—lndemnity Marine, 123 Liverpool and London and Globe (11. Annnit.), 20t, t ; Ocean Marine, 19i ; Universal Marine (Limited) 6 13-16, ex di,. Gas Light and Coke.—l i =ial Continental, 100/. Docks. — Fist and West 15i, 14a, as div. ; London and fit. Katherine, 49, ex div. Waterworks.—Berlin, 161. The dividend due the let of August on the British Consolidated Debt of Guatemala is adver tised for payment in due course by Mews. Iwo and Samuel. MINEB.-(THIS DAY.) ONE O'CLOCK. The amount of business in home mining shares is small, but Prince of Wales and West Caradon are inquired for, at 375. to 395., and 3to re spectively. West Chiverton, 80 to 81; Bedford Consols, to 1 ; Chiverton Moor, 8t to 7; New Lovell, 17s. 6d. to 20s. ; East Lovell, 61 to 7t; and East Basset, 14 to 18 : . . _ Foreign and colonial mining shares are quoted as follows : Yudanamutans, 41 to ; St. John del Rey, 18; to 19; Don Pedro, 2; to 3 prem.; Anglo-Brazilian, par to prem. ; Peetarena, to 1 din. ; Chon tales, I; to 2; ; Roma Grande, I to ; prem. ; Anglo-Italian, kar to prem. ; 'United Idoun„ 1; to ; ; Frontano and Bolivia, 1 to f ; and Port Phillip, 1 9-16 to 11-16. A meeting of the Don Pedre North Del Rey Gold Mining Company (Limited) will be held on the 4th of September, when the directors will pro pose the payment of a similar amount m that paid for the first quarter of last year, viz., 3s, per share, being for the three months ending the 30th ult., and at the rate of upwards of 65 per cent. per annum. The sum of 4,4431., and the profit for June, are to be carried forward for the quarter ending 30th September. RAILWAY, MINING, AND OTHER SHAREB.-(THIS DAY.) [Ctosiog priawo to 1 p.m.l COLONIAL 00' Canada, Jan. and July (6 per cent.), 91.1. New South Wales, Jan. and July, 1888 to 1896 (6 per cant.), 100, 99f. New Zealand, Jan., April, July, and Oct. (6 per cent.), 97,8 e it a ld a . m, 1891, Jan. and July (6 per cent.), 1065. Tasmanian, 1886, 106 f. Victoria, April and October (6 per cent.), 1145, 14. _ OEM:NARY SHAMS AND STOOK& Caledonian, 734, 4 ; 4 4. Great Eastern, WI„ a. Great Northern, 1 Great Western, original, 481. Lancashire and Yorkshire, 130. London, Brighton, and South Coast, 624. London, Chathal and Dover, 191, 20. Metropolitan, 112 , 168. balance of dividend. Do., Extension div. lim. to 6 per cent, till lan., 187 ,0) 1094. Midland, 1034, 41, xn. North Eastern (Berwick), 1024. Do. (York), 924. South Eastern, 764, 4,6, 4. PREFERENCE SHARES. Great Eastern, Eastern Counties Extension, No. 2, 93. Midland, consolidated 44 per cent. irredeemable, 954. ME/TREECE SHARES AND STOCKS. Great We-n, 6 per cent. irredeemable, 16 102. LINES LEASED AT FIXED BENTE. London and Chatham, 64. _ _ BRITISH POSSESSIONS. Bomb., Bar.,;a7lCeni, Ind., gua.lW at., 104 I. Eastern Bengal,_ gun. p par cant.. 1061. East Indian, gun. 6 per cent., 1001. Grand Trunk of Canada, Ist preference bonds, 60, I. Do., 4th preference stock, 191, 1. 1 Great Western of Canada, 141, . Bcinde (Delhi), guar. 6 per cent., IN. FOREIGN RAILWAYS. 151. Bahia and San Francisco (Limited), guar. 7 pa. asst.. San Paulo (Limited), gua. 7 per amt., 171. Wheat. Barley. Milt. Oats. Flour. qrs. qrs. qrs. qrs. Ws. sacks. oh .2 Beach 160 ... 1100 ... ... 710 Pt btal Maim, 1,970 qrs. TEE SUSPECTED MURDER dT POOLE. At the Dorset Assizes yesterday, before Mr. Justice Mellor, George Ivamy, seaman, of Poole, was in dicted for the wilful murier of Anne Hancock, a girl aged 17. Mr. Here and Mr. Lidgard prosecuted ; and Mr. Collins defended the prisoner. The deceased was a char woman, and kept company with the prisoner, who, it would seem, was jealous of her. The evidence in the case was entirely circumstantial. The prisoner and deceased were seen together between one and two o'clock on the morning of Sunday, the 21st of June. A witness named Elizabeth Way spoke to seeing them quarrelling near the house occupied by aner's mother. Mrs. Way le ft them as they were strugg ling together in a passage called Bell lane. The next time ey were seen was between a quarter and ball-past one, whea a young man named Joseph Sandy saw them talking together from Mill-lane to the Quay. They welt across the Quay towards the water, talking tcfseackether in a rough manner. The prisoner irked deceased why she did not stay at home. She made no reply; and prisoner then said, " I have been watching your I:nano-awes ; I will have nothing more to do with you. You had better go with that ' bloke' where you have been before." Deceased ran along the Quay, and prisoner followed her, and seized hold of her. Sandy then walked away, and neither saw nor heard anything further of them. Mrs. Csiva, the wife of a pilot who lived on the Quay, just opposite the spot where Sandy left them, was awoke at two o'clock by hearing loud screams and a splashing of water. She got up and opened the window, when she saw a man walking away from the edge of the Quay, and heard him calling to a dog. She called to him repeatedly, and he must have heard her ; but he took no notice, and walked away. At that time a policeman also heard the screams, and having procured assistance, the body was found in the harbour, about half past three o'clock. At the time when the alarm was given, Mrs. Dominy went out upon the Quay, and saw the prisoner's dog standing close to the spotwherethe bodaaa i i afterwards found. The prisoner subsequently admitted • in the deceased's company on the night in question, after looking at the body, which was covered up in a boat, he wrung his hands, and said twice, " that I hadn't !" He also said, " Oh, that I hadn't beat her." He then threw himself into the water, but came out directly afterwards, walking up the landing step. The body was examined by Dr. Crabb, of Poole, who found contusions on both eyelids, on the upper and lower lips, and under the right ear. Between the right elbow and shoulder there were also marks, as if from pressure by the band. He was of opinion that the injuries to the eyelid were caused by e xte rnal violence during life, and that death had resulted from submersion in the water. The jury returned a verdict of "Not Guilty." MELANCHOLY DEATH BY BROwNixo. NENACIH, Mamma% Mr. Richard Bradshaw, a respectable grocer of this town, went out yesterday, in company with Mr. Doherty, an assistant in the establishment of the Messrs. Murray Brothers, drapers, for a drive to Drominser, bor dering on the Shannon, about five miles distant. Having arrived there, the party went out on • boating excursion to the "Islands," midway between Drootinear and Wil liamstown, when Mr. Bradshaw expressed a wish to go to bathe. Ms. Doherty refused to accompany hint, and an old man named ThomasMolony said, will gowithyou." Mr. Doherty remained on the island, and a little boy remained in the boat. Mr. Bradshaw, having exercised himself for some time, rested on a rock, with a number of which the water at that particular point is rtudded, when suddenly slipped off, and fell into about 60 feet of water. Although a fair swimmer, he was taken so suddenly that he was about to sink for the third time, when Molony, seeing the peril in which be was immediately rushed to his assistance, and was seized by the drowning man. After several ineffectual attempts to free him self from the gaup of Mr. Bradshaw, he sank, to rise ne more, while Mr. Bradshaw struggled to the shore with scarcely any life in him. Some restoratives were applied, and he soon recovered his senses, which nearly left him on being made acquainted with the sad catastrophe which had just occurred. The grief of the boy in the boat was most affecting. He threw the oars firs and the rudder afterwards, to the drowning man, but all was of no avail. The . poor man fell a victim to his gallant oonduct, at the patriarchal age of 75 years, leaving his children and grand children to lament his melancholy death. Postacm Rinowst osuostioNs. Great Luxembourg, 18. Orel Vitebsk, gue. by Russian Clovsenment, 6 per oent., "L.% Austrian and Lombardo-Venetian. 8/. COLONIAL AND FORBIGN NDiNS. Angloaranlian Gold aim), Don Pedro, Ncetb del Bay, 44, = gen. Portuna (Limited),ll a. Postmann United Odd p (Limited), 4. Noma Orands, 4, 7-18 pm. Bt. lan del Bey (Limited), 19, 184, 194. Yudanamutana S. Australia (4.itecl), 6, 4. DOCKS. London and St. Katharine, 474, inL =wall !Freehold Land and Doak 304. JODIT STOCK BANK& A (Lizaited): - , Bank 4o .• B, 9 4. of South Auotralia, 314, 201. Chartsrod of LOA, Australia, ask China, 191. Cousoliclatokaa L bnited) Eng Rio de Ja rtat), nraro , 81. Laud i Beak at 1, 1. London of AAA:alio, Xi, al. Loudon sad Candy, Aar, blued at Wpm., 12i. paid, 31. Load= aud Wasiniastar, 701. Do., flora lewd at 101. poism., aces of whir* boa Prottal of Ireland, 894: g&F "sticsa oacier of .14. " k =1 ). );2416 21411 11 31 :19• la am phaa 9 per mart a — egg' , gas. b llapplim vow. sent, . Badwater Ba r , lal, zd. London ProvinMa. I Telegraph (Limited), 31, Madras Irrigation and Canal, guar. 6 per Nat. by Indian government, OU. allew Zealand, antlAsabalian Mail Nailed), ai r s, j, • and Oriental steam, 66, f seaters Telegram, 34, 5. Telegraph Conelruction and Matntananee (Limited). 14 Vicarel of Egypt (Mortgage) Loan, HODDER/AFIELD, JULY U.—Basins= LW bans rather quieter to-day, both in plain and lawny pada. The market has been moderately Winded, bat lbayats continue to operate from head to mouth, an d o nly par ching things actually required, or mull parcels u samplea. The inquiry was prindpally for better clam goods. Stooks are now well assorted both in the manufacturers' shops and merchants' warehouses. The ahipping trade, as re gards fancy coatings and trousumge, continuos vary languid, but more inquiry is being made for new designs for the next spring. The local wool trade is quiet, manu facturers being very cautious. Stocks are large and prices steady. r,: • i• • "or