The Press. — London, England, 1857-08-22 00:00:00

quoted at 1 dis. The two discount companies have also receded a point or two. The nominal quotation of the shares in the Atlantic Telegraph Company (9001. paid) is 200 die. ; but no trans- actions are reported since the failure in the great work of laying the cable. There is a general desire that these shares should be converted into 1001. stock. The failure in laying the cable is clearly attributable to the want of strength in the working staff, as may be seen by referring to the report of the engineer. So far as it went, the experiment was perfectly successful; and it is satisfactory to know that the work will be resumed the first favourable opportunity. It is stated that a plan islander the consideration of the Board of Control and the India-house for establishing a postal communication with India vii Asiatics Turkey, by which ten days or a fortnight may be saved in the trans mission of news. The construction of the European and Indian Junction Telegraph is about to be commenced north of Bagdad. The Euphrates route to India is to be left to private enterprise in all respects. Mexico is now awakening some interest as a cotton-producing country ; but, owing to its disturbed condition, English capitalists will naturally exercise a good deal of caution before embarking in such speculations there. Heavy profits are said to result from the cultiva tion of the plant, which is described as of fine, clear fibre, and to be of quicker growth than in any other climate. The estate of Messrs. Carr, Brothers, the extensive colliery owners, who failed on the 6th inst., is to be wound up under inspection, so as to insure a fall return to the creditors, and to enable Messrs. Carr to make suitable arrangements without the transference of their property. Those two important insurance companies, the Eagle and the Palladium, have now completed their amalgama tion, and the result has proved most satisfactory in all respects. The financial accounts of the united companies show that the income for the year ending June 30th was 270,0001., against 160.5001. in the previous year, and a profit of more than 52,0001. After making a provision for every possible contingency, the surplus fond remains at 442,2871., out of which it is proposed to divide 185,8581., leaving 306,4281. for the like purpose in future, and for other contingencies. This gives the proprietors an extra dividend of fifteen per cent., or 15s. per share, making in the whole twenty per cent., or 20s. per share. On the other band, the participating policy-holders are en titled to a payment of 108,6871. in cash. This sum is nearly equivalent to an aggregate reversionary addition of 208,0001. to the sum assured, or about forty per cent. on an average of the premiums paid since the division in 1852. The investments of the company produce nearly four and a half per cent. annually. The dividend is payable on the first Monday in October. Three assu rance companies, one proprietary, and the others mutual, are about to be merged in the Eagle ; and they will, in the aggregate, bring an additional annual income of 110,0001. The meeting at which these facts were stated was held last Friday, and they gave the utmost satisfac tion to the numerous shareholders then present. When the amalgamations just referred to are effected, the Eagle will rank nearly at the head of the important class of institutions to which it belongs, and be second to none in stability, influence, and usefulness. The Trade Reports of the week are satisfactory, in so far as they show an absence of undue speculation ; but it is apparent from most of them that there is diminished activity in several of the most important branches of manufacturing industry. THE PEES BANE OP ENGLAND. An Aoeouut, pursuant to the Act 7th and Bth Victoria, cap. al for the week ending on Saturday, the Bth day of Aug., 1887. Ilotes issued .... :25,075,7651 Government Debt A 11,016,100 Other Securities .. 3,459,900 Gold Coin& Bullion 1U,000,764 Silver Bullion .... -- £25,075,765 525,075,765 1 BANDING DI Proprletors'espitalSl4,ss3,ooo, Government See u- Rest Public Deposits*.. 5,530.687 Dead We igb tAn. ) 110,514.854 Other Deposits Seven Day It other i Notes 5,882.740 Bills -- -- 335,:33,033 1.35,139,038 ' Including Excbeqner, Commissioners of Notional Debt Skvings' Banks. and Dividend Accounts. BRITISH FUNDS. Closing Prices. OFFICIAL QUOTATIONS. Mend. need. Wed. Tine's., Aida, 911 I 911 911 911 ISO/ 1 211 1911 I f9l 1 90 1 1 91t 914 1 91 lai c 9 911 i 12S1 '914 9'91 I 11 2 7-16 7.16 ‘l7-16 ' 181.16 11J} 21 - 8 I 216 14 p 4d p 3d p p 34d SO tt 20 228122 178 184 2 RAILWAYS. 3 per Cent.Consols Ultto for Account 3 per Cents Reduced 3 per Cents Long Annuities Haut Stock. 7 per Cent New 2. per Cent Annuit Etch. Belle , 20. Wit Bonds,(1,0001.) Antw.&Rtl Dutch Rheulsh ei 1 4 f e 1021 tf 4 3 d East Indian Gt. Indian Pen G.W.of Can.,Sh Lyons & Geneve Madras Narriur&Liege Srtlarn.cdFrnot Nord. Truk.Prf Paris & Lyons Paris & Orleans Pasts a us . _. va •aa n u . • lio• - 7 - 4 1 t 34 i 5 10 361 1 5! 59 il e rsesda.. l aser. , 71surt i • IF o rtelog. l k I I 1t i k It 1!. 41 4d 41 Idis. 41 Id 4 * Id Il li gt 3 / ' 19i 01 1 1 1:t l i l llt 111 t 21 it 1 11 . It i2l Mg 74 NI 71 26t 7g I 284 71 '' 16 19 16 19 16 19 17 8 1 7 4 1 7t f 7i .1 I 71 t 541 5 34* 1 54 I 1 34t 9 10 9 10 9 10 9 10 IC 57 5 0 57 35g N } 57 553 1 9 57t 9f • _ AUGUST 22, 1857. NEWOATE AND LEADENHALL—Each kind of meat has sold freely, as follows:—Beet, from 2s 11d to 44 6d; mutton, 2s UM to 4s dd; lamb, 4s ld to 5s 6d; veal, 3s 6d to 4s 6d; pork, 3s 64 to 4s 8d per 81bs by the carcass. EVELYN—On the 12th instant, at Eocieston•ternce, the wife of Lieut.• Colonel Evelyn, of a son. HILL—On the 10th instant, at Preee.hall, Shropshire, the wife of Lieut.-Colonel Percy Hill, 2nd Battalion Rifle Brigade, of a daughter. SHAKESPF.AR—On the 12th instant, at Reading, the wife of Colonel Sir Richmond Shakespear, Resident at Baroda, E. 1., of a daughter. FOREIGN FUNDS. Per Cent. Mond Brazilian S S I Danish Dteh. (Pa 12 Guil )24 84 French 4 3 4 67 1 20! Do. Do. Bank Stook f Mexican 3 221 Peruvian 44 824 Portuguese 4 Russian 44 Spanish S furkish Ace. 6 251 I I nes& Wed. 94 f 102 64t it 64; e67t Oe e f.j - I 22} 22j 98} - 40f 25} 96 k - - f 22j to f 224 Vetrepolitan glarkets. 99 81 94 4 I Reportedszeius4velt for "Tux Pains.") CORN EXCHANGE—On Monday we had rather an extensive show of new wheat, and the demand for it ruled brisk, at an improvement in value of from 2e to 3a per quarter. Old, as well as most kinds of foreign, were Is to its dearer. Since that day, however, there has been lege animation in the trade. Fine barley has sold steadily, and the quotations have had an up ward tendency. Secondary and inferior kinds have realised full prices. There has been only a limited sale for malt, at barely late rates. Owing to the continued influx of foreign oats the demand has fallen off, and the quotations have bad a downward tendency. Both beans and peas have realised very full prices, and country flour has advanced Is to 2s per 2801ba. ftifomen—Wheat, Essex and Kent red, 474 to 645; white, 48. to 70s; Norfolk and Lincoln red, Ode to 625. Malting barley, 41s to 46a ; grinding ditto, 23a to 33s : 37s to 405. Malt, We to 765. F eed oats, 215 to 265; potato, 27s to 325. Rye, 32s to 365. Tick beans, 36e to 395; Harrow, 36s to 40s; pigeon, 435 to 47a. Grey peas, 40s to 44s ; maple, 42e to 48s ; white boilers, 40. to 44a per quarter. Town-made flour, 83a to bts; country marks, 40a to 445; honseholdsolls to 48$ per 2801ba. ARRIVALS THIS WISES. Wheat. Barley. Malt. Oats. Flour. English 4490 .. 460 .. 2290 .. 20 .. WUSO Irish Foreign —17230 .. 6620 .. 65580 120 sits. 610 bls. LONDON AVERAGES DECLARED ON FRIDAY—Wheat. 3,739 quarters,62e 10d ; barley, 229 quarters, 42e 3d ; oats, 94 quarters,2Bl 8d; rye, quarters,—; beans. 153 quarters, 445; peas. 235 quarters, 41s 7d. IMPERIAL WEEKLY AVERAGES—Wheat, 59s 28; bar ley, 405; oats, 27s 8d; rye, 40a sd; beans, 47s Id ; peas, 40s 108. THE SIX WEEKS' AVERAGES—Wbesi, 61s 3d; barley, 38s 6d; oats, 27s 10d ; ;rye, 40s 6d; beans, 46s 2d; peas. 42s Ad. ENGLISH GRAIN SOLD LAST WEEK Wheat, 78,060: barley, 1,422; oats, 8,337; rye, 250; bean., 2,745; peas ,1,789 Quarters. BREAD—The prices of wheaten bread in the metropolis are Rod to 9d: of household ditto, flid to 8d per 41lis lost. TEA—Our market is fairly supplied with samples, and the demand generally is less active than last week. The present value of common sound Congoa is Is 20 to is 20 per lb. Other descriptions are as follows:—Congon, Is 2d to 2s 6d; Ning Yong and Oolong, is 3d to 2s; bouchong, is 3d to 2s 6d; Flowery Pekoe, 2a ed to 4s ; Caper, ; Scented Caper, Is 3d to Is 10d•. Orange Pekoe, Is 2d to Is 4d; Scented Orange Pekoe, Is 841 to 24 4d ; Twankay, Sod to is 3d ; Hyson Skin, 8d to Is 2d: Hyson, 15 4d to 4s ; Young Hyson, 10d to 25 4d; Imperial, ls to 2.4 d; Gunpowder, Is to 35 6d; Assam, 4s Id to es Id per lb. SUGAR—Compared with last week there has been a slightly improved feeling in the demand for moat raw sugars, yet prises have further receded 6d to is per cwt. At that decline Im porters are sellers. West India has realised 475 to 565; Mauri tius, 495 to 59. 6d; Bengal, 485 to 66. 6d; foreign, 60. to Ir4s 6cl per cwt Refined goods are dull, at tiOs to des ed per cwt for low to tine grocery. Wet lumps have sold at to3a 641 to 59s per cwt MOLASSES—Our market is heavy, and prices are in favour of buyers. Present rates, 23. to 275 per cwt. COFFEE—No change has taken place in the value of any kind, and the demand is wholly confined to immediate wants. COCOA—Price. have further advanced talky is per cwt, and the demand is decidedly active. Fair to good red Granada, 90. to 90s 6d per cwt. For Guayaquil, 115 s has been reftteed. RICE—A few parcels of Hallam have sold at 10s 94 per cwt. In other kinds of rice very little is doing, at last week's cur rency. PROVISIONS—Fine Irish butter has further Improved in value fully 25 per cwt, and all foreign parcels are 25 to 4s dearer. English qualities have an upward tendency, and the hest Dorset cannot be purchased under 1164 to 118 s per cwt. In bacon very little is doing, at barely stationary prices. COTTON—The demand is rather active, and in some instances the quotations are rather higher than last week. HEMP AND FLAX—The transactions in all kinds of hemp are very moderate, at last week's currency. Petersburg clean, 351t0351 10. per ton. We have no change to notice in the value of flax, Jute, or Coir goods. WOOL—The public sales have been brought to a close. Ablest 60,000 bales were sold during their progress, at an telvasee of lid to Sid per lb. The market privately is very lass. SPIRITS—The demand for rum has ruled heavy, and prices have bad a downward tendency. Inferior proof East India has sold at 25 4d per gallop. there is a moderate inquiry for brandy, at last week's currency. The top quotation is 17s 4d HOPS----The plantation' accounts are rather more favour able, and the duty is called 155,0001 to 140,0001. New hops have sold at 101 to 12112 s per cwt. In yearling and old qualities very little is doing. POTATOES—The supplies continue good, and in eiteellent condition. The demand is steady, at from 3s to 6s per cwt. OlLS—Linseed oil is tolerably fink at Sal 15s per tun. Pale rape is quoted at 321; brown, 491. Sperm, 841 to 111. In the value of other oils very little change has taken place. Turpentine is inactive, at 355 lid to 365 per ewt for spirits. TALLOW—Our market has become lees active than in the early pert of the week. P. Y. 0., on the spot, is now quoted at 615 to 64s 6d—for the last three months, COs per cwt. Advice. from Si. Petersburg bring higher rates, with limited ship ments, vii., 11,000 casks. against 23.000 to the same period last sue• COALS--Tantleld Moor, 15s 6d ; Braddyn, 175 Od ; Stewart's, 19s; 'Whitworth, 16$; Tees, 185; Neagh HMI, 17$; Hetton, 19s: South Hetton, 195 9d; itiddtAl, 16s; Wylaan,l6e; West Wylani, 15s; Rammer, 175 par toe. METROPOLITAN CATTLE—Our market has been but moderately supplied with each kind of stock. The trade generally has ruled active, and prices have been on the ad vance. Beef, from 35 4d to 46 10d; mutton 3a ad to is 4cl; lamb, 458 d to 6s ; veal, 3s 104 to be; pock, is MU is Ad per Sibs to sink the offal. THE WESTMINSTER PALACE HOTEL .I. COMPANY LIMITED. Incorporated, with limited liability to the amount of the shares subscribed, under the Joint-stock Companies' Act, 1846. Capital, £lOO,OOO, in 10,000 shares of £lO each. Deposits, £1 per share. CHAIRMAN. The Viscount CnßLtl, Lowndee- street. DEPUTY CHAIRMAN. Jaw= Buncuni.L. Esq.. Gordon-square. DIRECTORS. T. Davis Bayly, Esq., Herringston-house, Dorchester. Major-General George Brooke, CH., Portslade-house, Brighton. Richard Cobbetk Esq., Northumberland-street, Strand. Major Edward Collield, Eland-house, Hampstead. S. Carter Hall, Esq., Ashley-place, Westminster, and Captain Edward Harwood, Fulham, George Leeman, Esq., York. Robert Rawlingo°, Esq., Parliament-street. Edward William Welkin, Esq., Timperiey, near Manchester. Colonel Wellesley, West Cowes, tale of Wight. Parry Woodcock, Req., Ashley-place, Westminster, AUDITORS. To be elected at a General Meeting of the Shareholders. BANKERS. Mews. Ransom, Bomar's, and Co., name'', East. ARCHITECTS. Mews. W. and A. Moseley. 7, Charing-cross. SURVEYOR. A. Clarke Hook, Esq., Great Oenrge.atreet, Westminster. SOLICITORS. Messrs. Burchell, 6, Broad Sanctuary, Westminster. BROKERS. Messrs. Matthey and Co., 31, Old Broad-street. SECRETARY. Henry Winfield Croce, F-aq. Osncsa :-6, Parliament-street, Westminster. The want of a first-Class Hotel in Westminster has long been felt not only by the public generally but by the Members of the Legislature and the numerous attendants upon the Courts of Justice and Parliamentary Committees. This want it is now proposed to supply, through the medium of the present Com pany. The site selected for the Hotel is a plot of ground alma* cleared, for which the Company has entered into a tiontrect for a Lease of 99 years, having a southern frontage of upwards of 300 feet, and a northern frontage of more than 100 feet: it is close to the Abbey, the Houses of Parliament, Weetatinater-halL and the old and new Government Offices, and on the direct rued to the Parks, Belgravia,Piinlleo, Knightsbridge, Brampton, and their immediate localities. It will also be in the vicinity of the proposed West Metropoli tan Railway, which will be the West-end station for all the southern and continental lines. The Hotel will oontain about 201) sleeping and dressing rooms; suites of apartmenti for families, dining, coffee, and private sitting•roome ; rooms for consultations, oommittee and arbi tration meetings, and a library and reading sakes; and will be furnished throughout in a style equal to that of our best Club houses. The commercial capital required will necessarily be of limited amount. The large annual profits derived from the capital invested in an hotel may be estimated from the returns made by establish manta upon the plan of tie present Company, on the Continent and in the United States, as well as by those recently estab lished in the metropolis. The Great Western Hotel at P. dington, conducted by a Joint stock Company, has yielded a not annual profit of upwards of thirty per cent., of which twenty five has been divided among the Shareholders. Detailed prospectuses, with forms of application for shares. may be bad of the Brokers, or of the Secretary, at the oases of the Company. THE WILITIMUITZR PLLACZ HOTKL COMPANT, Ltttixxn Ncrrice..—Applicatims for the remaining shares should be made to the Brokers or to the Secretary, on or before Saar. day, the 6th of September next, that being the day vpointad by the Directors for the consideration of the applicaddoe and for the allotment of the shares. By order, H. WINFIELD CHACE, Secretary. Company's Offices, 5, Parliament. street, Westminster, August 21,1857. D'AETH—MONTRESOR--On the 13th instant, at Rehm, the Rev. Charles Hughes D'Aeth, son of Rear-Admiral Hughes D'Aeth, to Annetta Frances, daughter of the late General Sir Henry T. Montresor, K.C.B. POKR-BERESFORD—HINCKS—On the 23rd ult, at Bar bados, Henry Clement de la Poer-Beresfjrd, Esq., 69th Foot, to Matilda, daughter of his Excellency Funds Macke, Governor•in-Chief of the Windward Islands. CADELL—On the 17th instant, at Seton Castle, East Lothian, Colonel George Cadell, late of the H.E.I.C.S. CONVBEARE—On the 12th instant, at Itehen Stoke Vicarage, the Very Rev. W. D. Conybeare, Dean of Llandaff, aged 71. LYTTELTON—On the 17th instant, at Hagley, Lady Lyttelton, HER MAJESTY'S THEATRE. Two Extra Performances only, at Reduced Prices, on Friday, Sept. lel, and Saturday, Sept. 19, with Piccolomini, Spezia. Ortolani, Ginglini, Vialetti, Rossi, Beneventano, and Belletti.— Two Extra Performances will be given on Friday and Saturday Evenings, the 19th and 19th of September, when will be pre sented, LA TRAVIATA and IL DON GIOVANNL Prices : Boxes, to accommodate four persons, grand tier, pit tier, and one pair, 2L 25.; two pair, IL Is.; three pair, 154.; plutons:lo..6d.; pit., 3a. 6d, ; gallery stalls, 3s. 64.; and gallery, 2a. ROYAL OLYMPIC THEATRE. Lessees, Mesas. F. ROBSON and W. S. EMDEN. On Monday next and during the Week, the Drama of THE Ll GHTHOUSE, vrritren by Wilkie Collins, andin which Messrs. F. Robson. G. Cooke, Addison, Walter Gorden, Miss Wyndham. and Miss Swanborough will perform. To be followed by a Come. digits called A SUBTERFUGE. To conclude with MASA- M ELLO, in which Mr. F. Robson will perform. Commence at Half-past Seven.