The Press. — London, England, 1858-10-30 00:00:00

THE PRESS, OCTOBER 30, 1858. Considering the present condition of the Money not sur p r ising that an opinion should have p.:ll.laavrkaeot it is ed, in quar t e rs usually very penetrating, that t he Court of Directors would yesterday reduce the rate to two and a half per cent. That thel gi o , in t , i i ni t tli fi li rmly abided by the existing rate is now proof that they are misguided by men walkirogiendaallspa robability will, before the end of the year, applaud them for resisting the clamour that would urg e them neon a policy involving, certainly, some degree o f ri sk. Except to square with preconceived notions and an abstract thecry, there is no reason whatever why the Bank should abandon the practice o f fi x i n g a minimum, and there are certainly none of rea l importance to make a present reduction ex pedient. We need not again point out the public advantages of a public minimum ; and we scarcely think it necessary to repeat the string of considera tions that obviously render a reduction impolitic under existing circumstances. But if the stock of g old in the vaults of the Bank is at all to be pro tected, it can only be by maintaining the existing rate of discount. Every ounce of gold that has arrived for the last fortnight has been taken for export ; the continental inquiry naturally caused by the state of the Exchanges is not satisfied, although it has ab sorbed all our exports and more besides ; and silver is again flowing to the East. With regard to the export demand there are two points whence it has arisen. One is from Constantinople, in connection with the recent loan operations, and the other and the greatest is from Austria. The National Bank at Vienna is to resume specie payments early next week, and the Austrian Government are now receiving in specie the first instalment of the purchase money of the Lombardo-Venetian system of railways. These influences are important in the absence of any arrivals of Australian gold and during a partial diminution in the receipts from the United States. In fact, such considerat;ons are irresistible, and so long as the Bank of England is administered upon its present principles they must mainly influence the resolutions of the Directors in maintaining the existing nominal value of money. The specie movements of the week have not been important. The whole of the arrivals, which have principally been from the United States, have been taken for export. There has been but a moderate business in Public Securities, and quotations have been exceedingly regular; that is, there have been very few variations. Yesterday there was a trifling degree of excitement previously to the Bank Court breaking up, but it almost immediately subsided, and things have since been very quiet. The principal business has been in New Threes and Reduced, upon which the dividends are now rapidly accruing ; and, as far as railways are concerned, investments have been almost wholly in Preference and Guaranteed Stocks—a sure sign that the public are prudent and not specu lative. Consols, which left off this day week at 981 to for account, have for a considerable portion of the week remained at that quotation, but the average price has been 981 to 4. Yesterday they temporarily stood at 984 to 4, tut almost immediately receded. To-day they closed at 98i to I flat, owing to the Exchanges being again unfavourable. The settle ment of the dispute between France and Portugal, which at one time was thought to look ugly, produced the merest possible temporary improvement; and at no time was it regarded as satisfactory. Foreign Stocks, though occasionally firm, are upon the whole, a little flatter than last week. Turkish have given way, though they still command a good premium, and may now be considered as effectually established in the marker, particularly if the stringent conditions of the loan are, as we believe they will be, faithfully fulfilled. Railway Shares have been affected by the settle ment which has taken place during the week ; and on the whole but littl e c h ange h as b een esta bli s h e d. The merchandize traffics are improving, and this is a hopeful sign ; but in some of the leading lines there is a want of confidence in the manage ment that adversely affects the value of every share in the market. Banking Shares maintain their value, and some descriptions, particularly one or two of the Austra lian, are rising. The closing price of Atlantic Telegraph Shares to day was 330 to 360. Exchequer Bills are ra th er l ower , ow i ng to the absorptio n by the bankers baying ceased. The present price for those of March is 375. to 40s. prem., and those of June 31s. to 345. prem. In the former ease there is a reduction of 2s. ; in the latter no chang e .... • The Royal Mail Steam Company have declared a dividend f or t h e h alf-year of 21. per share, free of income tax. The Great Eastern steamship has been sold to an independent company ; and the sale will be con. firmed at a meeting of the present shareholders on Ttl "daY. The existing company is to be dissolved. The Trade Reports from the provinces are of a satisfactory character, although the Manchester advices show some degree of dulness and inactivity. This is attributed to a fall in the price of cotton at Liverpool having led merchants to require greater concessions in the terms for goods than the manu facturers are willing to grant. Tho dulness, how ever, will, it is believed, prove merely temporary, as there is a vast consumption in progress, and stocks are not accumulating. The difficulty is simply one of price, and as the demand must progress the market will regulate itself in the course of two or three weeks. The Yorkshire trades in woollens, worsteds, and machinery are all active. The linen, flax, and silk trades are satisfactory. And the iron and hardware branches have decidedly improved during the week. Altogether there is a good prospect of an active trade up to Mardh next, the dulness at Manchester being merely an incident of a casual nature, while all other branches, without a single exception, are progressing rapidly but safely. The announcement of a commercial treaty with Japan has given very general satisfaction. FROM THE LONDON GAZETTE. Tuesday, Oct. 26. BANKRUPTCIES ANNULLED.—WILLIam SHAW, Liver pool, ironmonger—Mawr and GEORGE GoWL►tiD, Liverpool, chronometer•makers. ------ BANKRUPTS.—EDWARD HUNN BUNTING, Wells, draper— Wtuams GUN MAHON, Upper Berkeley-street West, Connaught square, bill-broker—Tuomes limit., Loose, Bent, =law— EDWIN COLLINS, Old Kent•road, market-gardener loam Boxsu., Hepbzibah-terrace, Grange-road, Daleton, commission agent—Otoaox HOLDEN and GEORGE HOLDEN, Jun., Birming ham, pencil-case manufacturers—Wuxi/3g MILLS, Tamworth. watchmaker—Josvwx HILL, Fairfield, near Liverpool, joiner and builder—LYDlA M'LELLAN, Llandudno, licensed victualler. scorcx SEQUESTRATIONS.—WILLIAM CULLEN WHITS• RIAD, Glasgow, merchant —ALEiumnza Busse, Airdrie, grocer —JAMES HOLIIE, KiIMEICOIIII, farmer—JAMES HOLME, jun., Kil maciolm, farmer—Josh Bums, Edinburgh. tea•merchant— NEIL CAMPIIIILL Duly, Edinburgh—WlLLlAM Fusions, Houston, Renfrewshire, innkeeper. RAILWAY INTELLIGENCE. THE EAST INDIA RAILWAY COMPANY.—The half. yearly meeting of this company was held yesterday. Mr. Crawford, the chairman of the board of directors, in moving the adoption of the report, observed that it gave a very satisfactory statement of the com pany's position. Some of the works were still delayed by the insurrection in India, while others had been entirely abandoned ; but, wherever they could be pushed on, not a day had been lost, so long as the means for transporting material could be found. During the past year the company had opened for public traffic 148 miles of railway, and very shortly an addition of twenty-two further miles would be made to that total. Up to the present time the traffic upon the railway already open would yield a return upon the outlay of at least sever. and a half per cent., and, on the whole, the directors bad no reason to alter their already expressed opinion of the hopeful prospects of the undertaking. After considerable discussion, the report was adopted. THE LONDON AND SOUTII-WESTERN.—A general meeting of this company was held on Wednesday, for the purpose of considering the recommendation of the directors to lease the Staines and Wokingham and the Portsmouth lines. The proposition to lease the Staines and Wokingham lines was agreed to without opposition, but that with regard to the Ports. mouth line created a lengthened discussion, the chief ground of objection being that it would lead to a collision with the Brighton Company. Against this it was urged, that if matters were left as they were, the South-Eastern Company would step in and ex tend their hue to Southampton. The proposition was ultimeteiy carried by a large majority. THE ROYAL MAIL STEAM NAVIGATIONCOMPAHY. The general meeting of this company was held on Wednesday. The principal topics discussed were the loss on the Australian contract, and the relative merits of the screw and paddle-wheel vessels. The chairman said, their fleet was in an efficient condi tion, and their affairs in a promising position. The report was adopted, with a vote of thanks to the direction. Friday, October 30. BANKRUPTS. —EDWIN COLLINS, 014 Kent-road, Surrey, market gardener—JAMES GOULDING, Carlisle, grocer-JOSEPH MARSDEN, Ivy-lane, City, eating-house keeper—ROßEßT G. SAUNDERS, Cannon• street, City, merchant RICHARD ENCHLEY, Derby, ironfounder— MATTHIAS SMITH, Halifax, carpet m erchaDt—C HARLES W. HORD, Stevenage, Hertfordshire. music seIIer—WILLIAM C. HUMPHREYS, Winchester, coal merchant —.ELSEION PRINGLE, SOUthpOrt, rhipowner—AßßAHAN CocassDat, Oxford-market, Marylebone, builder—JOSEPH B. GURNEY, Chalfant St. Giles, Buckinghamshire, farmer— WILLIAM C. KENT, Blechingley, Surrey, innkeeper—EDWlN WARDEN, Birmingham, builder—JOHN COLBaCK, Lower Beb bington, Cheshire, grocer—ROßEßT HENDERSON, Newcastle upon-Tyne, cabinet maker. SCOTCH SEQUESTRATIONS. — JAMES Durr and Joust Durr, Blackford' Perthshire, fanners—A. DUNN and SON, Nllnatbort, Kinross-shire, farmers—HzaDmrson BROTHER,, Glasgow, general excursion news agents—EDWlN THOMAS, Cwmmawr, Carmarthenshire, farmer—JOSEPH GurTERIDGE, Cullen, hotel keeper—ROßEßT DUNCAN, Cambuslang, grain merchant—DAVlD MARTIN, Glasgow. wright—JOHN MORRIS, weigher at the Harbour of Dundee—W. and J. BORTHWICK, Main Point, Edinburgh, engineers—Joaeutx H. STOCQUICLIII, Peebles, gentleman. BIRTHS. BOOTH—On the 22nd instant, at (lare•park, Farnham, the wife of George Bolster Booth, M.P., of a daughter. FORD—On the 14th instant, at Bath, the wife of Captain Randle Ford, of a son. HOBART—On the 24tcinstant, in Eccleston•square, the Hon. /Are. Frederic Hobart, of a daughter. MARK—On the 14th Instant, in Glocester•terrace, Hyde•park gandens, the wife of Wm. I'enrose Mark, Esq., her Majesty's Consul for Granada. of a daughter. MARRIAGES. BOOR—EAST—On the 14th ult., at St. Andrew's, Jamaica. Major Frederick Cherburgh Bligh, 41st (Welch) Regt ~ to Emily Matilda, daughter of the Eton. Hinton East. CONNOLLY—CARTER—On the 20th instant, at Cottingham, Yorkshire, Captain Matthew Connolly, Royal Navy, son of General Connolly, R.M., to Augusta Elizabeth, daughter of the late Joseph Carter, Esq., of Forton House, Hants. DAY—PLATT—On the 11th instant, at St. George's, Hanover• square, Wm. Day, Esq., of Queen-street, Mayfair. to Rose Angelica, daughter of Samuel Platt, Esq., of Hyde•park gardens. VALLETORT—HAMILTON—On the 26th instant, at St. James's Church, Piccadilly, Viscount Valletort, eldest son of the Earl of Mount Edgecumbe, to Lady Katherine Elizabeth Hamilton, daughter of the Marquis of Abercorn. DEATHS. BERKELEY—On the 25th ult. , on board the Simla, off the Island of Socotra, Colouel C. A. Fitzhardinge Berkeley, C.B. aged 40. BRISTOW—On the 25th instant, at Beddington, Surrey, Wm. Bristow, Esq., aged 97. BURTON—On the 23rd instant, Mr. John Burton, of Brook street, Upper Clapton, aged 94. BUTLER—On the 20th instant, at Marseilles, the Hon. Sir Edward Butler, aged 45. COLLETTE—On the 23rd instant, at Nice, Ifsjor-G eneral J. H. Collette, of the Hon. East Ind:a Company's Service, one of the last surviving officers present at the siege of Seringapatam and battle of Assaye, aged 77. FARNINOTON—On the 13th instant, at Leamington, Major- General J. J. Farrington, Bengal Establishment, aged 68. GARLAND—On the 19th instant, in South Molton-street, Bond- street, Miss Christiana Greenwollers Lloyd Garland. aged 90. RODNEY—On the 14th instant, at Calais, the Hon. Anne Rodney, daughter of the late Admiral Lord Rodney, aged 33. COUGHS, COLDS, and INFLUENZA. Dr. LOCOCK'S PULMONIC WAFERS give instant relief awl a rapid cure of Asthma, Consumption, Coughs, Colds, and Influenza, and all disorders of the Breath and Lungs. To Singers and Public Speakers they are invaluable for clearing and strengthening the voice. They have a pleasant taste. Price Is. ltd., 2a. 9d., and Ils. per box. Sold by all Druggists. THE FOLLOWING is an EXTRACT from the Second Edition (page 158) of the Translation of the Pharmacopeia of the Royal College of Physicians in London, by Dr.t.l. F. Co;lier, puoliabed by Longman and Co.:—" It is no small defect in this compilation (speaking of the Pharmacopeia) that we have no purgative mass but what contains aloes; yet we know that hemorrhoidal persons cannot bear aloes, except it be in the form of COCKLE'S PILLS, which chiefly consist of aloes, scammony, and colocyuth, which I think are formed into a sort of compound extract, the acridity of which is obviated, I suspect, by an alkaline process, and by a fourth ingredient (unknown to me) of an aromatic tonic nature. I think nu better and no worse of it for Its being a patent medicine. I look at It as an article of commerce and domestic convenience, and do not hesitate to say it is the best made pill in the kingdom ; a mus cular purge, a mucous purge, and a hydrogogue purge com bined, and their effects properly controlled by a di, igent and corrigent. That it does not commonly produce hemorrhoids like most Coale pills, I attribute to its being thor oughly so tumble, so that no undissolved particles adhere to the mucous membrane." MENDERS, STOVES, and FIRE IRONS. Buyers of the above an requested, before finally deciding, to visit WILLIAM S. BURTON'S SHOW-ROOMS. They contain such an assortment of Fenders, Stoves, Ranges, Fire Irons, and General Ironmongery, as cannot be approached elsewhere, either for variety, novelty, beauty of design, or exqui siteness of workmanship. Bright Stoves, with bronzed orna mentsand two sets of bars, 41. 14s. t 0131.135.; ditto, with ormolu ornaments and two sets of bars, 51. Is. to 331. Ws.; Bronzed Fenuers, with standards, from 7s. to 51. 12s. ; Steel Fenders from 21. lbs. to 111.; ditto, with rich ormolu ornaments, front 21.155. to 181.; Fire-irons, from Is. 9d. the set to 41. 4s. The BQRTON and all' other PATENT STOVES, with ra diating hearth plates. BEDSTEADS, BATHS, AND LAMPS. WILLIAM S. BURTON has SIX LARGE SHOW. ROOMS devoted exclusively to the Separate Display of Lamps, Bathe, and Metallic Bedsteads. The (stock of each is at once the largest, newest, and most varied ever submitted to the public, and marked at prices proportionate with those that have tended to make his establishment the most distinguished in this country. Bedsteads from 12a 6d to 2010 s each Shower-baths from Lamps (Moderateur) from B5 Od to 71 7a each (All other kinds at the same rate.) Pure ColZa Oil 4s 3d per gallon CUTLERY WARRANTED.—The mos t varied Assortment of TABLE CUTLERY in the world, all war ranted,ia on Sale at WILLIAM S. BC RTON'S,at prices thatart remunerative only because of thelargeness ofthe sales. 34-inch ivory-handled table knives,with high shoulders,l2s..A. per doz.; desserts to match, 105.; if to balance, ad. per dozen extra; car vers, 46.3d.per pair ; larger sizes, from 205. to 275. 6d. per dozen; extra tine,ivory, 335.; if with silver ferrules, 40s. to 505.; white bone table knives, Bs. per dozen ; desserts, Is.; carvers, 25. 9d. per pair; black horn table knives, 7s. 4d. per dozen ; des serts, 89.; carvers, 25.8 d.; black wood-handled table knives and forks, Bs. per dozen; table steels , from Is. each. The largest stock In existence of plated dessert knives and forks, in cases and otherwise, and of the new plated fish carvers. WILLIAM S. BURTON'S GENERAL FUR NISHING IRONMONGERY CATALOGUE may be had gratis, and free by post. It contains upwards of 400 Illustra tions of his illimited Stock of Electro and Sheffield Plate, Nickel Silver and Britannia Metal Goods, Dish Covers and Hot water Dishes, Stoves, Fenders, Marble Manteipieoes, Kitchen Ranges, Lamps, Gaseliers, Tea Urns and Kettles, Tea Trays, Clocks, Table Cutlery, Baths and Toilet Ware, Turnery, Iron and Brass Bedsteads, Bedding, Bed Hangings, As. de., with Lists of Prices, and Plans of the Sixteen large Show Rooms at 39. Oxford-street, W.; i, la, 2, and 3, Newman-street; and 4,6, and 6, Perry's-plaea,London. IrstabLiahod ISM 1065 1 II I