The Sun. — London, England, 1869-12-09 00:00:00

MONEY - MARKET AND COMMERCIAL INTELLIGENCE. CITY, Two o'CLocK. The usual weekly meeting in the Bank parlour to-day has terminated without any alteration being made in the rate of discount. Consols maintain their closing prices of yesterday, but Foreign secu rities are generally speaking lower. Railway shares have also in some instances declined, and the down ward movement has extended to Telegraph stock. Consols are now at 92.} to 92* for money ; ditto, for Ike:omit, 92i ; Three per Cent. Re duced, 92* 2 ; New Tkree per Cents, 92 ; Exchequer Bills £l,OOO, March, 5 prem. ; June, 2 7 prem. ; ditto £lOO, £2OO, and £5OO, March, prem. ; June, prem. ; Bank of England Stock, 4i per Cent., 238 40. _ . India Stock, 10} per Cent., April, 1874, —; ditto 5 per Cent., July, 1880, 1121 1 ; ditto 4 per Cent., Oct., 1888, 1001 ; ditto Enfaced Paper, 4 per Cent., ; ditto Bonds £l,OOO, 24 prem. ; ditto Bonds under £l,OOO, 20 prem. In the Foreign Market prices have in some in- Stances declined. Argentine are marked 85 to 86 ; Brazilian, 841 to 851 ; Egyptian (1868), 771' to 771 ; Italian, 51 to 541 ; Mexican, 131 to 131 ; Peruvian, 831 to 844 ; Portuguese, 331 to 334 ; Orel, 824 to 83 ; Nicholas, 654 to 66 ; Moscow, 81 to 811 ; Charkof, 814 to 811 ; Spanish, 264 to 271 ; and Turkish Five per Cents., 434 to 441. American Five-Twenty Bonds are now 85 to 854. Erie are 20 to 204, and Illinois 99/ to 100. In the Railway Market the principal feature is a fall in Brighton and Metropolitan, both of which are lower, the former 4, at 47 to 474 ; and the latter 4, at 834 to 834; Great Northern (A), is also 4 lower, at 108/ to 109 ; and South Eastern 4, at 764 to 761. On the other hand, North Eastern. (Berwick) and Great Eastern are firm, being 1 and 4 higher, at 120 to 1204, and 38 re spectively. Great Western is dull, at 55 to 56 ; Great Northern, 107 to 108 ; London, Chatham, and Doter, 14/ to 15 ; London and North Wes tern, 121/ to 1211 ; Midland, 119 to 1191; Cale donian, 79 to 794 ; and Lancashire and Yorkshire, 1261 to 127. Lombardo-Venetian is neatly 1 lower at 204 to 201 ; and Great Luxemburg is unaltered at 12f to 12/. For Bank Shares quotations are very restricted. the following are some of the principal prices : London and Westminster, 581 to 591 ; London and County, 47 to 48 ; Union of London, 37 to 38 ; London Joint-stock, 31 to 32 ; Imperial Otto man, 24 to 24 prem. ; Consolidated, 4/ to 41; Chartered; Mercantile, 31 to 32 ; Alliance, 121 to 131 ; and Agra (A) 104 to 11. Telegraph Cable Shares are flat. French Cable is marked at 154 to 1154 ; Anglo-American, 194 to 191 1 Construction and Maintenance opened with out change, but have since declined to 334 to 331. A further euw of £lOl,OOO in gold was taken to the Bank yesterday, making on balance a to;a1 of £145,000 in the week since the date of the last return. It is understood that the taking over of the tele graph system by the Government is now not likely to be effected before the end of January. Mean while, it is believed that the negotiations between the Government and the companies with regard to the time and mode of payment of the compensation money had not yet been concluded, although an early announcement is expected. The total sum to be raised will probably be about £7,000,000, taking into account the expense in connection with the reconstruction and enlargement of the general busi ness ; but the portion to meet the awards to the companies is limited to £5,71:5,048, and an im pression is entertained that the large balances that will accumulate in the Exchequer iu January from the new arrangements regarding the income and assessed taxes will, with or without some assistance from the Bank of Etig:and, prove sufficient for that purpose. _ Mercantile advices from Egypt give some unsa ti,faLtory indications with regard to the financial proceedings of the Viceroy. lie is said to have made arrangements for the issue of a large quan tity of Treasury Bonds, and to be about to depute au agent to kiegociate the transaction in the Paris market. As his Highness is understood to have lately effected a similar business for £2,400,000, on the plea of requirements for the port of Alexandria, and furthermore to have contracted a loan of £300,000 with parties iu England, and all these commitments are subject to the chance of being hawked about by the people who have no suffi cient power to deal with them in a solid manner, the danger to the credit of the country is obvious. Although so recently as 1868 the Viceroy raised a loan of £12,000,000 on condition that no further appeal should be made for five years, it is affirmed that the floating debt has since been increased to the extent of six millions sterling—a total which will be enlarged to 10 millions if all the demands lately made are carried out. The absolute legiti mate wants of the Egyptian Government are be lieved for some time past to have been moderate, and hence a suspicion seems to be entertained, after making full allowance for the prodigal ceremonies of the Suez Canal, that the Viceroy is seeking to fortify himself privately with funds to meet any eventuality that may arise from resistance to the reclamations of the Porte. _ _ _ _ The National Bank of Australasia have invited tenders on the 16th instant for £lOO,OOO Six per Cent. Bonds of the South Australian Govern ment, having from thirty-four to forty-five years to run. They are issued under an Act of the 19th of December, 1867, authorizing the raising of £Bll,OOO for railway purposes, of which £400,000 was subscribed in London in October, 1868. The report of the Egyptian Commercial and Trading Cou3pany (Limited), to be presented on the 15th instant, announces a further return of 2s. 6d. per share. A " World's Fair" is to be held at Washington in 1871, and subscriptions equal to £210,000 are said to have been already obtained from per sons willing to guarantee the required funds — President Grant being among the number for £l,OOO. Vice-Chancellor James, upon the application of the official liquidators, has extended the time within which the policyholders of the Albert Life Assurance Company who may have paid their premiums since the 14th of August last may elect to have such premiums returned to them in full front the lst of January to the 30th of March next. The subscription list of the £435,520 Danubian Railway Loan (Bucharest to Giurgevo) has closed, and the applications are nearly three times in ex gess of the sum applied for. The quotations to-day is to 1. prem. 13TUTIO11 FUNDS —TWU O'CLOCK. GOVERNMENT lusns. 3 per Cent. Console Ditto fur Account, Jan. 6 3 per Cent. Reduced 92i 2 New 3 per Cent N ew 2} per Cent. Jan. 1894 Do. 5 per Cen ~ an. 1873 &unuities, 30 yrs, expire sth Jan., IbBO — Do. for 30 yrs, expire sth April 1885 — Do (Red Sea Televaph), Aug., 1908 — Exchequer Bills, £l,oou, 21 p. Ct. March pm Do. 3 do. June 7 Do £lOO, .£2OO & £5OO Pat Bank of England Stock, 41 per Cent Do. opening Canada 4 per Cent. Bonds Inter-Colonial Uranium INDIAN UOVERNALENT ludi.L •o' Lock, 10} per Cent., April 1874... Dcr. Oponing, for Account DJ. o I.er 4...10nt. July, 1680 Oo 4 per Cent. Oct 1888 Do. Cartilicates Do. Enfaced Pape. 4 per °Aut.. .. Do. 5 per Cert., J au. 1871 .... ...- — Do. 5i per Cent. May 187 4 . 4 — DJ 5 per Cent., Rup. DeiN 1872..., — Do do 18' 1 7 - Do. do. 1882 — th. i)eb., 5 per Cont., Aug. 1873 Do. Bende, 4 per Cent., £1,000 Do. under £l,OOO 2O FOREIGN itiliDti— TWO O'CLOCK. Argentine Republic, t; per Cent 1 uttriau Bonds b per cent Do. V;59 — Brazilian 5 per Cent — Do. 4} per Cent. 1852 — Do. do 1858,... .44 Do. t, . 186 G _Do. _ do., _1863 721 3 Do. 5 per Cent., 186-5 — U,-. Account B5l Buenos Ayres 6 per Cent. — Do 2 per Cent. (Deferred 3 per Cent ) Cuba, 6 per Cent. (Lillian 6 per Cent — fio. 41 per Cent 7ll Do. 3 per Cent., Do. 7 per Cent, 1866 Po. 6 per cent. 1867 99} 0 lombian, 6 per Cent. Danish, 3 per Cent., 1825 Dan" Lian Principalities, 7 l.er Cent — 1)o. Account Do 8 per Cont., 1867 .. 51 Ecuador New Uonsolidated, 1 per Cent Egyptian, 7 per Cent.... — second Issue Do. .£5O(. Bowls Do. 1864 Do. Account Do. £5OO Bonds Dv. Al UC Bonds BB Do. 7 per Cent., 1868 ~ ... Do. £lOO Bonds Uovernment Railway Debentures ..... 99 Greet 5 per Cent., 1824 5, ex Coups 9} _ . Du. 120U1s011€ Do. Account Gr. ttetnala•s per Cent . — honduras Clov Rail. Loan., 10 p.. Ct., all pd 85 1 Ite.iau 5 per Cert., 1865 — Jo. Account . . Do Maremmaiia Railway s6} :dexicar. 3 per Cent — Ditto for Account Dn. 1864 — Do 6 per Cont. Anglo-French — montevideau 6 per Cent. .. — NI crrish lmporial 5 rer Cent — New Granada l7l Do 3 per Gen — Do. Deforwed Do Land Warrants (Hectares) Peruvian 5 per Cent. 1865 Do Account B4l 31 Do 41 per Cent. (Ut:iiiirren) Do 41 per Cent., 1862 Do Account Portuguese 3 per 0t.,1853, '6, 7,'9,'60,'2,':• 331 Do. do. 1867 — Do. do. Scrip, .£2O paid — Russian 5 eor Cent., 18'22, .£ SL .- .• Do 44 per Cent 1850 - Do 41 per Cent., 1860 Do 3 per Cent., 1859 De 5 per Cent., 1862 Do :do, Scrip — Do. Anglo-Dutch, 1864, £lOO Ronde 9ll 21 Do. do. £B4 15s. do — Do., 1866, £lOO Bonds 921 Do. do £B4 158. do — Do Nicolas Railway 66 51 Sardinian 5 pbr Cent — Spanish 3 per Con . — Do. Acci,unt Do. 1867 Do. Account Do. New Deferred — Do. Account Do. Passive — Do. Corn. Cert. of Coup. not funded Do. Account Swedish Provincial Mortgage Loan Do Government, 1864 — Do do, 1868 Turkish 6 per Cent •f , ...h. . .-- Do Account Do 6 per Cent. 1858 Jo AiTount Do XIOC Bonds — Do 6 per Cent., 1862 Do. Account 661 Do £lOO Bola& -- Do 5 per Cent. 1865 — Do Account Do 6 per Cent., 1860 — Do. Acc 'tint D.) 1 por Cent., Guaranteed ••• V en ezuela 3 per Cent. — Do 6 per Cent. 1864 Do 6 per Cent., 1862 ...... . - .... ....... •• „ ••_ Dividends on the above payable in 1,0/4.. Austruin o per Cent. Ex 10 Florins Belgian, 44 per cent., Ex. 25f. Dutch ik per Cont. Ex. 12 Guil,, Do. 4 per Cent. Certificates French Relates, 3 per Cent.. 1:x.251. — Italia', 5 per Cont. 1851, E. zsf. ...... Do Account 54 IWO lOWA 1111 C. Jonsols, Money Do. Account, Jan. 6 .. 9 2i ad PARIS CORRESPONDENCE. W2DNUSDIY. There was a stormy scene yesterday in the Corps Legis latif. It was the first time that M. de Talhouet had filled the Presidential chair, and he acquitted himself of his difficult task with singular impartiality and prudence. First came the reading of the oath of MM. Cremieux and Emmanuel Arago, which excited some little interact. M. Arago answered in a deep voice, which seemed to penetrate the tribunes ; M. Cremieux contented himself with simply raising his hand. Then followed the report of M. Justin Durand's election in the East Pyrenees, and immediately the assembly was on the qui vice, hoping for details of the banquets and other questionable proceedings. M. do Beauchamp, who read the report of the election, did not, however, gratify their curiosity much, for though he spoke for an hour, he was inaudible even to the reporters. M Jules Simon, who followed, repeated the substance of his. June discourse. The examination of the election was post poned in the summer for further inquiry and proofs of the charge. Yesterday the proofs were forthcoming, in the shape of papers bearing the same signatures, some with " Yes," and others with "No." Emmanuel Arago very soon put his newly-acquired parliamentary powers in practice, and succeeded M. Simon in an ani mated and eloquent speech. There was no diffi culty in hearing him, for his voice would have filled an arena three times as great. His action was a little too melodramic, but that will probably wear off with expo rien3e. M. Arago's Mgt as an orator was very success ful, and would have been still more so had he let the Bens d'armes alone, for Parisian politicians are always slow to take part against the army. The tumult to which I have alluded was not, however, pro yoked by M. Arago, but by M. Riche, State Councillor, who supported the election in the dullest of dull speeches. The confusion was indescribable, espe cially when the Government official spoke of the 2nd December as une chose fdcheuse. MM. Gambetta, Rochefort, and Guyot-Montpayroux took part in the interruption. The unhappy deputy, whose election was the cause of all this, vainly sought a hearing. Ten minutes he remained at the Tribune, and finally abandoned the attempt in despair. Cries for a division and the closing of the sitting resounded on all sides, and the interval before the ♦otes were announced was one of great excitement. M. de Talhouet preserved his dignity and his self-possession throughout, and explained to the excited deputies that the vote on the inquiry must b. taken first, before the vote on the official report of the election. The result was somewhat startling. There were 221 members, and a majority of 135 against 86 refused the proposed inquiry into the East Pyrenean election. Of course after this there was nothing to bo done but to withdraw the opposition to the official report. M. Durand took the oath, and the members dispersed. You will not be sorry to hoar that some of them heard some very plain speaking from the audience in the galleries, who, when once outside the Chamber, did not hesitate to reproach them with their vote. _ _ If report speaks truly, the "treating" and feasting, which have rendered some English elections famous, have had their counterpart in the Pyrenees. The officials o' course stoutly deny any part in them, and the innkeepers snd other local worthies repeat the denial, but, unhappily, Parisians are a little given to scepticism on these points. The Vational publishes a table, shewing the three mani festoes of Centre Right, Centre Left, and Left side by side. They are ominously similar, and present, from their una• nimity, a formilable front to the Government. The diffcrenc3 between the two centres is very slight, and con sists principally of the election of mayors and the associa tion of the Chamber in the constituticnal power, both demanded by the Centre Left. The programme of the Left goes f Lrther, but enough remains to give rise to half a dozen Cabinet questions. It is no great wonder that the Emperor was greatly annoyed on reading the adhesion of the Wght to the principles of parliamentary government. The Figaro had announced that the editors of the _Pere- Dueo3ne ha I been arrested, but the report is incorrect. The Government had not interfered with them, and if any seizure took place, it was for non-payment of stamps and want of security. The Pere-Duchlsne might very likely be permit:cd to continue its publication if it did not believe itself exempted from these claims. The committee which has been appointedto decide upon the erect;on of a statute to Lamartine met at Mason on Sunday, and it was agreed that the statue should be of bronze, and put in the Place d'Armes. The Ram/ is being prosecuted. The ma n a ger an d th e editors are charged with offence agar st the E nper or , an d in order to aleJunt for this strange proceeding, after four months of silen2e, it is said that M. do Forcade In Roquette has ISO 01 in his efforts until he has per suaded his colleagaes to agree to his aggressive policy. The N-orth-Easi,rn Correspondence states that twenty two military surgeona have been arms' ed in Rhenish Pros ii, and charged with illegal connivance in the dis- charge of conscripts. The news of the death of the Duchess d'Aumalo has cast a gloom in many places. This is the fifth time in less than twenty years that a member of the Orb Sans family will be buried in a foreign soil. The Libertd call attention to the fact, and thinks the Emperor would act worthy of himself if he remembered that it was to the good offices of this ez:led family that the founder of his dynasty was indebted for his tomb in France. Mr. Spurgeon, the famous Baptist preacher, has strived at Paris, and wig make short stay here. SUN, LONDON, MYRSDAY EVE.NING, DECEMBtII, .9, 1869. .~HARE LIS?. 021DINAUY 1311.Mi1i3 ANDSTOCKb Clos kLallwaye. Paid. Pri g • g B dear usinete at lit iatal and Exeter 100 73 75 at Caledonian 100 79 794 7Si et Cambrian 20 Coma/All • •••••• ....... •• • all 2 3 at Duban do Beltaat J tine." 100 et Dun„Verthas A.b.J taut ICO 70 72 2.) East London all 5 7 GI 40 uo 15 21 Do 10 It Glasgow St S. Western 100 105 107 i;t Great Eastern .., lOO 37 33 3J 71 it Do. E. Augl. No. 2 lOO t 1 7 st tircat Z 1 ortlt 01 600111411€1 lOO la 18 et Great Northern lOO 107 108 et Do. A it Do. 13 stoee llO 126 1-8 12? it GtS. and W. of lrcisud lOO 18 100 it Gt. Weiteru 50 561 56 51 st 1)0. South Wales un 67 6, Ss IR DO. W. Alid.—Wciord lOO 33 35 4l VO. .I...ewport lOO 32 3* it Lancashire at iorasocru llO il6/ -L.Ol 101 it Lou., itrigh., b.Coust llO 411 47 17 00 Do ;scrip it Lou., Chat., end Dovei IOJ 141 151 15 . st 00. Actetrop. Ex. A lOO 11 la it Lon. 6t Nortu Weiteii, lOO 1211 22 1211 st Lou. tat, it 0. " c% icc. 03 031 03 it ,Ilciropoinau at Do EXICIDAL3II itu 811 821 Di, Neve rd all it Metropolitan Distri.t. all 30 52 31 10 Metrop. St. John' s 1% col 0— st ILui Iwo et L Lir Lis lei/ r 7 80 Norteat lSritisii st L -.E0., A Dun lce it Nor eastern —lier wiea llO 118 111 120 25 D.. .U. N.E purohast: 16.13.4 et I), Leeds .... 100 761 771 et .1) v /Cork lOO lle 117 117 st D oCarliile it 1) °Stock. ife Ico 156 108 at North London 10 Do New 1868 it North Staffordshire lOO 57 59 21 2 it North 0010 8.-W. Junction 100 90 101 10 Do New £lO shares 7 ... • • at Itfr j uiney it lihropsnire Union lOO 694 001 it South Derma' .. it South Eastern lOO 761 77 st Staines, Wok - hain, & Wok all 13 11 - st all Vale -- - Waterford it iiiikenry lOO 10 Waterloo WhaehiLl 6 JOINT-STOCK BANKS. 1 Closing Bitable,' Shard NAME. - Paid. Price done 10 Agra Limited, A all 101 11 10! I 0 Do B lO 31 4 4/ $0 Albion , l5 10 8 VO Alliance, Limited 20 Anglo Austrian 20 Anglo-Egyptian, lint all 22 VIP 20 Anglo-Hungarian 8 11 21 • 20 Anglo-Italian 1866, limited 10 5 4 40 Australasian 20 Bank of British Col u mbi a a ll 12 13 20 Do issued at 2 pm.... , 6 5 4 25 Bank of Egypt 20 Bank of Otago, lien. ' 25 Bank of South Australia all 30 32 50 Bank of Victoria, Australia 25 8 7 39 19 Bank of Aew Zealand all 151 10 4 50 British North American 20 Chartered of India, Austra lia, end China all 17 18' 25 Chartered Mere, of India. London, and China all 31 82 20 City lO 10 11 100 Colonial 25 36 37 10 Consolidated, lira. 50 Delhi and London, lint 30 East London, lint - 20 English and American, lint 10 -•-• 20 English Bunk of Mu de Ja neiro. lim lO pr 1p 20 English, zrcottish, and Aus tralian Chartered 4/ all 161 161 25* Hong Kong and Shanghai Bank Corporation all 36 38 284 Do now lll 4 6 100 Imperial, Urn '2o lb 16 20 Imperial Ottoman lO 2 i 21 Li -25 lonian all 19 DI 25 Do new 5 6 3 Lnd Mortgage of India, lint 4 31 :1 100 Do sp.c. De ba.1961, 30 all 76 76 80 100 London Banki of ataxic° and South America, lint. 20 5 4 100 London and Brazilian, lint. 45 34 30 20 Do new 71 5 41 100 London &River Plate, lint. 40 11 13 ill 25 Do new 10 11 2 20 London Chart. of A ustra li a a ll 231 24 p 4 20 Loudon and County 2O 491 501 45 60 Do new. iss at 20 pan, it; pd. 11 ••• •.• Loudon Joint Sh re k 3ll 321 32 London and South African al 8 0 100 London & S. - Western, lint, 20 13 11 50 London 3: Venezuela, lint l 2l ••• ••• 100 London and Westminster 2O 571 6b 59} 100 Do Scrip, iss at 10 pm 2O 100 Merchant, 1int...., 25 :1 5 4 10 Metropolitan, lint all 71 n 00 Midland, lint 2O 14 1 5 National of Australia 25 National of Liverpool, lim l5 3d 1p 00 National Provinc. of Ened 42 ••• ..• 10 Do ...... .. ...... ir9 Nati0na1....... 20 New South Wales all 41 43 20 North-Western 25 Oriental Bank Corporation all 41 42 50 Provinc. Bank. Corpo., Rm lO 61 64 30 Provincial of Ireland 25 90 V 2 10 Do new, all ... ... 100 Stand. of Brit. S. Africa, lint '25 14 13 100 Do issued at 6pm lO 3 6 25 Union of Australia all 46 48 471 100 Union of Ireland, lint 50 Union of London LAW INTELLIGENGE—(This Day.) JUDGES' CHAMBERS. Vice-Chancellor Malin's chief clerk heard to day two applications with reference to the affairs of the Credit Fancier et Mobilier. The first was an order to enable the official liquidators of the company to invest £3,000 of the money of the company in East India Stock, which was granted. The solicitor to the Credit Mohilier opposed the application to pass the deed, the purport of which was to transfer the assets of this company to the Credit Foncier of England, and the matter was adjourned. RAILWAYS-PREFERENCE SUARES AND STOCIS. et Bristol and Exeter 4 p.cent. 100 86 88 at Caledonian Qrs., Nu. 2 l9O ... at Do. Scut. N.E., 44 per cent 196 ... st Do. Aberdeen, gua C p.c lO9 at Du. do. 7 per cent lOO st Do, do. Ordinary lO9 78 82 at Du. Midland st Do. Dundee and Arbroath 100 ... 20 Cornwall, i per cent gee all st a Dundee, rerth, and Aber deen J unction lOO 196 107 at Do. HA Class preference lOO at Glee. cS. \V. gua.o per et lOO at qt. Eastern, E.G Ex. No. I 10U VC 101 st Do de Nv. 2 100 97 st Do do 6 per cent IVO 110 113 st Do East Anglian A bp. c. 100 et Do do B 6 do. Ivu at Do do C 7 Liu. 100 ... at Do do No. 1, i p.c. luo at Do E. Union 4 p.c. gua. 100 68 72 at Do Norfolk 4 p.c.Ex.1846 IVO at Do do .5 p.e.Way.Val.lB47 190 st Great Nut thern, 4 per coat lOJ at Do 6 p.c., rd at 1U p. e. put. 100 Do 44 do du du 100 st De o do at Ip. c. pai lO6 st Du Leeds, Bradford, and Halifax, 6 per cent lOO at Gt. N stn of Sevtlaud, Ist pi et Ureat South. and Western (Ireland) 4 per cent lOO 93 9 st i.West.— Orig.& Jut.-lient o'ag., per gua.s p.e lOO 104 106 141 st Do. Orig. (B. IL 1:x). 5 p.o lOO 93 100 at Do du 4; per cent. 1450 lOO 9j 2 9.: st Du do 4 do do 10 0 do 82 at D u do b per cent. rodent. 10J 97 1J at Do do Birmingham gua I2J c,23 72 at Do do du prei st Do do Chester gua lOO 85 fiJ st Do do do 6 per cent lOO at Du do do 5 do WV 90 10‘ st Du South Wales, gee. 4 p.c. 100 at Do do 4 1 p.c lvo a t Do do 4 1 1653 IVO at D o do i st Du West Mid. Oxford lb g lOO 110 116 st Do do Id gun. 100 1, 3 115 at Do Newport, Ist g. 5 p.e. luo 96 96 at Do do 2,1 do 100 at Do gun. 51 per cent. 1863 130 00 Laneastor S CArlialos 41 p.c. ail st Laneash. 3 Yorksh. 0 p.c. 100 1 3 130 at Du Barualey,Xs 3a103 p.c. lU$ at Du 6 p.c. (Last Lancashire) 103 130 at Do 41 (Blackburn porch). LA 94 100 • - at' London .1 Brighton, sp. c. guaranteed, Nu 1 lO9 at' Do 5 per cunt. gua Nu. 2. 100 at Do 6 du du IVO et Do b do NJ. 4 lOO at Do 7 per cent lOO ••• .• at D o 6 do (W.E. CA') 100 ..• a t Da 4 Uu 1833 lOO ••• ••• at Loudon, Chatham, a; Dover 5 per cent IC9 ••• ••• at' Loudon and 11. W., C. and Nuneaton 5 per cent l3O 114 112 at Do Bed.ford & ()Ambridge lOO at Do Shrowsb'y a Welehp'l lOO •• ••• at Loudon and 6 W. 7 p,c late 3d shares lOO 149 150 Do (Purtsiu.perp ails 2s6d) all a Mau., Shot., i Luiclu. 6 p.c lOO Do £1 all par Ipm a Do 31 per cent WO 64 66 1 Do redeem. 6 per cent. b at Mid. Consolidated., 6p. e lOO 134 1.5 a Du Briatul& Birm., 6p. e IVO 1:2 134 a Du 41 per cent. redeem log b 8 luu a Do 4 per cent. irredeem lOO 98 1.1.2 a Do Leicester tell'chn,4 p.c 100 83 01 91 st North UritiaLt, 5 p.c. Nu. I luU at Do E. &G. 4p.e.S. St D tut) at Du N. 8., Nu. 2, 4 par ceu.t.. 100 at Do Border Union, 3" p.c lOO at N.-Eastern—Cuus. 100 t 47 Sio at Du 41 per cent. 101.000.1 lOO 97 99 at Do 4 per cent., lOO 17 Du Lerwick capital Do York, li. il 6 : purchase. .10 . 10 101 101 Do Stektii dt Drlitig, A 5 p.c. 100 107 /00 at Do NV, liartlepoul H. awl 1t 101) so 83 N 874 20 North Staffordshire all 201 211 NS 6. Devon Annuities, I's all 10 10s Do Tavistuck Anna.,-10s all 81 til 10a Du Fixed 41 per cent all 8 81 40.6. S. Nast. (head. A 11119., 1.0.6) all 22 23 at Do 41 percent lOO ... at Do Fixed 41 per cent lOO at Tall Vale No.l lO 154 lbS at 'Waterford Kilkenny, 6pc 100 .. RAILWAYS.-PREFERENCE SIIARES AND STOCKS. With Dividends coatiugent on the Profits of each separate year st Caledonian 44 p c gua. at Do Scot. Cm min. 7 p c lOO at Do 44 p all at Do 4p c eon. iasuod at 80 65 m at Groat Eastern 41 per cent. 100 7; 80 et Do 5 do, 1862 lOO 87 80 et Do New 5 do, 1663 lOO 135 tiff at Do do 6 do, 1861 lOO 83 86 et Great Northern, 5p c irred. 100 at Do l'ormaue.s per cent. 100 ... at Do Boston & Sleatd, 41 pc 100 at Great West., W. Mull., 5p c 100 ~„ at Do Jointporpo.s p c,1865 100 88 0: 95} at Do do 6 p e irred., 1866 100 110 112 1114 20 Do Vale N eath perp. p c all .. • • et Kent Coast, 6 per cent, IL. 100 I Lane. and York New 4A per cent till July, 1871 2 ; 1p et Loral., Brig etc., 44 pc, 1858 100 st Do do 4 do, 1860 100 at Do do 41 do, 1861 104 at Do do 4i do, 1863 100 at Do do 6 do, 1865 100 at Do No. 6 1 do, 1866 100 at Do No. 7 6 do at Loud , Chat., &c., 2d, 6 p.c 100 at Do Metrop. Ex., B 6 p.e 1641 Do do C 6 p.c 100 et London & N Western, 5p c 100 108 110 at London& S. Western, 41 p c 100 v 3 85 10 Man. blief. & Lin., 5 pc, 1865 all V Di at Metropolitan 5 per cent lOO 100 104 at Midland, it 5 per cent pref lOO 107 100 at Do B b do 100 107 10 18 Do 5 p c opt. to COOT. to -- Ord. Stk., Sept. 1, 1669 all 20,f 211 18 Do IneonY. New Soareß all 19 Df 22 Do bp c con. into Old .._ . - Stk.:Aug. 31, 1872 .. . ... 81 11 24p at North British, E. and (1. No. 1, 6 per cent 100 at Do £lO guaranteed, 1861 100 Do E ,P.,&Dun., 2d,4 pc 100 ... et Do E. &U , N 0.2, 4 p.c ... 100 ... st Do N. 8.. 5 per cwat, 1862 10 ... at Do E. & U., No. 3, 5 p.c ..„ los et Do E. & U., (Ordiry) 41 p c 100 at North Eastern, 41 per cent 100 97 Oa 1004 at Do Stock. & Dart., D 10 11 2 1 13 et North Loudon, 41, per cent (➢lax. 5 per Cant)" at North Staflordshire 6p c lOl st South Easteru, 41 pc, 1860 100 at Do 5 du 1801 100 at Do 5 do (Ch. Croats) 18:3 100 at Do i do, 1864 at Victoria St.& Pimlico, 41 pc 100 RAILWAYS.-LINES LEASED AT FIXED RENTALS Bt Birkenhead l OO 91 93 00 Do. 44 per cent. Prefer.., all 9S 100 Bt Buckinghamshire at Chester and 1101yhead lOl Li i 6 Bt Do. bi per cent. at Do. 6 do. B t Clydesdale, guaranteed lOO ... ... at Cu!chaste' : Jteur Valley ... 100 at East Lincoln, gua. 6p. a.... 1011 111 . 2 131 20 Gloater aud 1: can I'orest • all ~, s Gt. Easn., Nawui., &c., b p.c 100 . ..„ a Do. E. U. Harwich, 4 p.c • • at Do.do. Woodbrg.Ex., do 100 .. st Gt. West ,W. Mid., Here( 100 96 ys b 0 Hull and Seiby 9.11 110 112 at Lancaster and Carlisle lOO 212 216 at London and Blackwall lOO 9.; 95 a t Do. 4; per cent lOO at London, Cliat., 41 p. c. 100 „, at Do. Cow. Fund, b do 100 •• at London and Greenwich at Do• do Preference lOO „, at London, Tilbury, South IVO g 3 8 ; at Lowestoft,gua 4 percent lOO 79 81 at D o . 6 do 100 ,„ 51 Manch., 136 4 Ma all at Midland, Brazurd, Pref lOO pz u t 10 Mid hunt Cray Lizzt.) 50 Northern& East.,b percent all 5.3 66 bs Do. do. 6 do. all „, at N. Eastern—Hartlep00l at N.West. A peril. pret, p c lOO 107 109 st Du 13 minimum 1# p.c lOO ..„ „.. at Notting. 4: U ninth. R. a C lOO 91 93 24 Preston and ‘I yre. all 41 46 Royston, Hitch., aud Suep. 100 132 134 st Shrewsbury aud Hereford 104 131 131 10 Do do 21p S. Yorksh. and River Duu 100 97 Va 1) 4 per cent gua lO, 73 30 4 do at Viet. Station and Pimlico— 100 • st West Cornwall 100 67 Si 2U West Loudou, Claus A all 13 14 20 Do do 11 all ... ... 20 Do do 0 a ll st Weymouth and Portland._ 100 ••• .• st Wilts and Sower:set 8•2• DOCKS. at East and We:lL:tuna lOO 1 3 125 Loudon and St. Katherine. 100 4 100 D oDob. stock, 4 par cent.. all . . Millwall Froahold Land - id Dock lOO 21 2$ at Southampton lOO 72 75 et Surrey 00uwarcial lOO 108 111 TELEGRAPH COMPANIES. '.. 'T Anglo-American lei,, lint all 14 20/ 101 10 Anglo Mediter Tel., tau__ I . 171 17t 1 i st Atlantic Telegraph lO 141 151 st Do. 8 per cent. st B. and I. Magnetic Tel., Hui lOO 173 la 3 at Electric & Inter. Telegraph leo 9i 2e3 10 Do. New 3 12 13p 25 Indo-European Tel., lint..,, 10 Id pr 6 Loud. Provincial Tel. lint a l l 31 , 1 Do. Prefer. 10 per cent all 1 I p 10 M e diterra. Eaten. Tel., lim. all 61 71 25 Reuter's Telegram . all 79 81. 20 Societe Transatlant., lint.. all 15 151 151 1 1 et Submarine Telegraph 1 D o . Scrip. ...... . 6U. Kingdom Tel. Co., lint, all 7 71 5 Do. 10 per cent. Pref. all 41 t, p MISCELLANEOUS. 10 Anglo-Mexican Mint all 141 Is 25 Australian Agricultural 2Ol 151 161 25 Australian Mort. Land and l'inanee. lim. 10 J3augarah Tea Estates, Inn 3 .51 10 Berlin Water Works, lira all 111 14i 10 Do. New all ——. 100 Bolckuw Vau,, ,, hau, li111, 5 Bombay Gas, Inn. 5 Do. Now 4 11 Id So British American Land 44 15 1.7 20 British Indian Tea, Inn__ all 2i 31 20 British Ship Owners 29 Canada Company all 63 1,6 10 Canadian Loan and luTzst- ment,lim 20 Ceylon Company, rum 20 Do. A shares 10 City Discount, lint 5 - 25 City of London Real Pro perty, lint 9 51 4141 30 City of Milan ImproY. lint, all a 6 25 City of Moscow Gas, lint., a ll 50 City Offices, lint 25 23 22 d 111 12 50 Colonial, lint. Do. 50 Commercia: Union (Assur) 6 pr p 10 Company of African Mer chants, lint. 20 Continental Union Gas, lint all 22 27 25 Copper Miners of England, pref. 71 por cent. 100 Corporation of London Bonds, 1877, 41 per cent. all 1031 1041 too Do. 1870, 44 por cent, all 1041 1051 IN Do. 1882, 44 pci cent. all 103 101 10 Credit Fon. of England, lint. all 21 21 N Credit Fon.of Mauritius lint lO 31 2141 st Crystal Palace lOO 21 22 st Do. Preference lOO 05 100 st Do.G p. c Perpetual Deb wa 107 112 20 Darjeeling, lint, 10 Eastern Aesam, 50 East Indian Land Credit and Finance, ..... 8 b 1 41c1 20 East India Irriga & Ulnal all .. 32 Ebbw Vale Steel, Iron, and Coal, lien. 100 Egyptian 3 , per ent. V'ruy. Ilia. by Egypt. Gov r allj 94 95 94i 20 Egyptian Coin..kTrad. lim 6 3 Eug. & _!.ust ral. Copper, lim 21 1 13 English and Foreign Credit 71 41 31.1 100 Eng. and Scot. Marine, lira 8 ~,d 10 Fair/iairu Engineering 5 3 2(.1 20 Fore-streetWArehouse,lim l2 1 2 p 1.31 100 For. & Col. Gov. Trust and Loan Scrip, issued at LB5 all 83 20 50 Gellivura, lim. 10 General Credit & Die., lim 71 If id 1.5 General Snoun Navigation 14 '27 29 29 50 ilom3 & Col Marine lu. lim. 5 21 2d 10 Hong Kong and China Gus all ... 20 Hudson's Bay all 12; 20 Imperial Land Co. of Mar soilles, lim. 20 Interna.Finaueial Soc. lim b 2 11 20 Interns.. Laud Credit, lim 1 6 4d 50 Italian Laud l.l p 20 Hallam Irri. (Canal Cavour) all 3 31 100 Do. 6p. c. Bds., redeem _ 1870, issaed 20 --- all 67 89 50 Land Securities, lint 2l 11 25 London African Trading lO 7 5d 25 Lon. & Coded. Marine, lint 6 ••• ... 4 10 London County Land and Building, lint 50 Lond. Financial ABBO., lint 30 22 2t 4 Lond.Gien.Omnibus•Cudim. all 2 2 1 2 1 60 Loud. and Glasg. Engineer and Iron Ship, lint 25 21 165 20 Loud. & Provincial Marine 2 id Pr it Madras Irriga. & Cani. Oita. sp.c. by India Gov. 10 Mauritius Land, Credit, and Agency, Jim. ... 50 Merchant Shipping, bin , all 82 37 60 Millwall Iron Works, lim 1 24 ••• ••• 10 Natal Land and Colonisa tion Co., Um. 25 National Discount Co., lira 6 10/ 111 25 National Proy. Marine, din. 4 • • 10 National Steam Ship, lint. all 91 101 20 Nerbadda Coal& Iron, lira. 6 31 3 d 10 New Consolidated Dia. lint 3 1 4 lid 5 New Quebrada, lint 4.8.0 41 41 25 New Zealand Loan & Mer • canine Agency,lim n * 11) 25 New Zealand Trust and Loan, lira 5 11 11 10 Northern Assam Tea, lint. 5 7 5 10 Do. B tit North Brit. Austral., lint lOO 48 43 60 North Brit. & Mercan. In 6l I 9 Di 221 25 Ocean Marine (Insurance) 5 13 14 50 Oriental Financial, lira ll 5 Oriental Gas, lint 5 Do. New 1 1 1p 10 Otago and Southland In. vestment, lira id ip 5 Ottoman Gas, lira ll 21 p 10 Panama, New Zealand, and Australian 11, Mail lint —. 4 Do. do il o t P r e e ni el n li an . L & an o d r & ie 60 Do. New 1867 li 11 14 hi nt i a n l er s l ie li a m m 1 , 00 11 3 1 1 4 8 8 4 49 49 Rhyniney Iron 1 Do. New 2 Rio de Janeiro City Im.,lina. all 18 19 Do. Gas, lint all 24 251 90 Royal Mail Stearn 6l 48 50 474 Scottish Aust. Invest., lim lOO 78 83 Do. 6p. C. Guar. Pref lOl ... ... Societe Fin. d'Egy p t e, li nt lO 7 6d Societe Gen.de PEmpire Ot 8 21 34 50 S. African Mort. & Inv., lint 6 .., ... 25 South Australian Land 20 Telegraph Con. &Main.,lina all 321 331 84 31 20 Thames and Mersey Marine (Insurance), lint 2 21 3 20 Trinidad Petroleum, lint Bl . . i 10 Trust &Agency of Aus.,lim 1 . 1 p 14 10 Do do. . do. all ' •• ••• 20 Trust & Loan Co., U. Canada 6 i ip SO Union Marino L'pool, lint 5 41 b p 20 Union Steam Ship, lint all 22 21 15 United Discount Corp., lint 6 , . 20 Universal Marineau.), Him 4 4 a /a l) 10 Upper Assam Tea, 1int.....,, all 1 1 1 1 2 lid Van Diemases Land 100 Viceroy of Egypt , 7 per cent. (31ortgage) Loan , all 801 En 811 20 5 3 20 West London Wharves and Warehouses :0 ° \ W v s a e t r s e r t a a ni n l t , n F i cl im i i n a an a c n e' d liaL Pa . cll " ; 12 10 ___ COLONIAL GOVICRNAINNT SECCILITItr, lumDle, 0 per 000t•,1872..•• •••.....• • 100 • vo. 18 v 5 - 10 100 0 1 9 0 0 2 1 t 9 ) : 4 t t pl.. 100 102 101 100 ... .... . —.. (; a nSiov.6p.o.Jan.'&duly ,877.84 .. . •..... 100 1044 107 4. I : Dpoo.. 5 pp.. 00: 7 jid e a b an . r. " 4,.(t A a u_ .s g euiy.. 100 924934 gei Do.r 6 5 p. p. Ci e. Inscri b e d ak.. Cape G.llope. 6 P•c• 1873 . • 108 102 181 Do.AplatcOot 1690-1900.. 1 00 nt 113 1)0. do 1880-90.. 100 107 109 Do. Jan.&July. 1591 .... 100 108 111 - Do. b per cent. lb April and 16 Oct.. 1900 ..... .. 100 93 100 ed, lon. Nov 1876,0 p.c.. 100 108 110 o. 1372. d 0.... 100 1 05 107 Mauritius, 6p. a, 1871,.. Jan. and July -- Do. 1878 .. lOO 1 05 106 Do. 1852, May ,I , Jd :sic* ',, . 00 106 103 I •o. 189 b, Feb. & AAur a ,w 106 I , J. Melbourne Corporate., D 1667-75, 0 per cent...." ICO 100 100 N.8.G0v.6 p.c.Ja.&.luly lOO 10:1 104 - Natal 6 p ct. Apt& Oct ,OO - 1031 Do 6 .." a. may & Nov 'CO 106 101 -- N. S. W. 5 p•c.. '7l to '74 lOO vu 101 Do. 5 p.O. 1888 ',o 1896... 100 99 100 1024 Do. 5 p.c. rd.'',7 to '75 N.Zcaland, Bp. ot. LB9l lOO _ D 0.5 per cent.... DoJan,Aprl,July, OA 100 91 92 931 1 1)3 6p c. Mar & Sept '9l lOO 108 110 Do June & Dec~ 1 , 91 1 Dol'rov. 1 Auckld. 1 It.o —..- ( beriel 1 &2, 1t.+95... Nova Scotia 8 p c.J au and Jnly. 1874 Do I.BA . WO 10 guncusllid. Sp. c. 'B2-G 100 ',07 1034 - Do 1891 .. . , Tasmanian pc: a 1595 1 . ,7 109 --Do t 89,3 97 ...... Victoria. 6 or cont. 1391 100 114 115 Do. April and ()Gt , t t9o 111 112 1114 COURT 01? BANKRUPTCY. Application was made to-day for an extension of the protection from arrest to the baflkrupt, the lion. H. F'. Chichester, brother to the heir apparent to the Marquess of Donegall's estates. The bank rupt had complied with the order cf the Court by pruposiug in writing to pay all his creditors ss. in the pound, by two equal instalments of 2s. 6d. within one month and four months of the registra tion of the deed. The learned Commissioner ex tended the bankrupt's protection from arrest until one day after the proposed meeeing of creditors, the 231 of December. A FAMILY OF SA V. 4 G ES. An old man named Cheriton, and two of his daughters, were brought before tho Chulmleigh bench of magistrates yesterday, charged with violent assaults on the police. The county police officers went to Cheriton's house in the village of Nvmet Rowland, after William Cheriton, the old man's son, and ar rested prisoner. Eliza Cheriton, a strapping girl, attacked the sergeant with a burning brand. Out side the house a violent struggle ensued, and an attempt was made by the family to force the constables into the horse pond. At length the pri soners were conveyed to the railway station, fol lowed by the family, who yelled at the constables, showered missiles at them, and covered them with dirt. The magistrate sent Eliza Cheriton to prison for six weeks, and Matilda for a month's hard labour. For a second offence, Eliza and her father were fined £1 each and costs. The Cheritons have earned an unenviable notority in the county, and from the degraded manner in which they live, they are known as " The North Devon Savages." The house, oc rather hovel, in which the family live was originally a farm house, but it has now neither doors, windows, nor flooring. The family consists of Cheriton and his wife, a son (a noted poacher), and three daughters, besides a number of illegitimate children. One of the daughters and a man sleep in a hole cut in a rick of hay cloze by the " house." The whole broo I are a terror to the neighbourhood, and the various members of it have been convicted before the magistrates forty eight times. RAILWAY INI ELLIGENCE. CARMARTIIEN AND CAIZDIGAN. The half-yearly meeting of this company was appointed to be held yesterday at the Great Western Royal Hotel, Paddington ; Mr. 3. M. Knight in the chair, but in consequence of the non- attendaece of a sufficient number of shareholders to constitute a quorum the . directors, after waiting an hour, ad journed the meeting sine (lie. The report stated that the affairs of the com pany were administered by the Court of Chancery under the debenture-holders' suit, and the accounts were rend:red to, and checked by, that Court as well as by the receiver, consequently the directors had dispensed with the services of auditors. The net revenue continued to be applied to the pay ment of the debenture interest and land The statements of revenue accounts were correct, and the other statements of accounts were as near an approximation to correctness as the irregular manner in which the books were kept previous to 1865 (in which year the present board were elected) would permit. Mr. P. E. Sewell, the receiver, certified as to the correctness of the revenue accounts, and Mr. J. W. Armstrong, the engineer as to the company's permanent way, stations, and buildings being in good working condition and re pair. The capital account to the 30th June showed that £277,358 had been received, and £779,572 expended, leaving a balance of nominal expenditure in excess of the share capital and debenture loans re, resented by Lloyd's Bonds still outstanding to the amount of £502,214. The revenue account for the half-year ending the 30th of June last showed that £6,838, had been received and £4,764 expended, leaving a balance of £2,074. To this was added £4,173, the balance from the preced ing half year's account, making £6,247. From this was deducted £1,863, divided among deben ture holders in payment of interest by order of the Court of Chancery ; £57 was paid into court lo pay interest on disputed debentures ; and £5BB for land ; leaving a balance of £3,739 for payment of debenture interest or as the Court of Chancery might order. The general balance sheet showed on one side that Lloyd's bonds bad been issued to the amount of £735,493, and on the other side that:the balance of Lloyd's bonds returnable by the contractor to the company amounted to £233,451. It was believed that in the course of the next three years the arrears of interest ou the £60,000 debentures issued would be paid off, and also the balance of land claims. The present direc tors were doing the best they could to develop© the traffic. It was estimated that Lloyd's bonds to the nominal amount of £1,000,000 had been issued on account of the 19 miles of railway and branches open for traffic, but the validity of £200,000 of those bonds was disputed. GRAND TRUNK OF CANADA. The traffic receipts on this company's lines for the week ending the 20th of November amounted, for the conveyance of 28,162 passengers, to £0,309; for 596 emigrants, to £624 ; for mails, &c., to £1,233 ; and for live stock and 23,501 tons of freight, to £2l,3B6—total, £32,552 ; and for the corresponding week in 1868 to £29,535, showing an increase of £3,017. The total receipts from the Ist of July to date amounted to £628,969, and for the same period last year to £608,641, showing an in crease of £20,328. FRENCH TRAFFIC RECEIPTS. The traffic receipts on the French lines of rail way, 10,211 miles in length, amounted for the three quarters ending the 30th of September last, to £20,153,918, and for the corresponding period last year, on 9,874 miles, to £19,736,434, showing an increase of £417,481, or 2.11 per cent., and in the mileage of 370 miles. FATAL RAILWAY ACCIDENT. WORCESTER, Wednesday Evening. This evening, shortly after 5 o'clock, a collision occurred on the Stourbridge Railway at Cradley, by which three persons were killed. The fast train from Birmingham to Worcester and South Wales was going at full speed when it ran into a goods train on the same line of rails. The engine of the passenger train was thrown off the line, and the stoker was cut almost literally in two. The guard of the train and one of the passengers are said to be dead, but the other passengers have escaped with little or no injury. A staff of railway officials have proceeded from Worcester to the scene of the accident. THE VOLUNTEERS. The Government Ordc; for Volunteer arms to be sent to the 'rower for " examination" is now asserted to be a precaution against disaff(crion. To-day's Liverpool Courier says :—" The order is directed, at present at least, solely against those districts in which there is a large Irish element in the population. Liverpool is included in the dis - armament. We believe that Fenianism has of late made significant signs of vitality in this town, and that the local authorities consider it discreet to make silent precautions against any emergency." MARKETS.-7 his Day. LIVERPOOL COTTON. Dec. 9.—Sales probably 10,000 bales. The market steady. 401 50 EMIGRA7ION CENTRES. (I.lvm (he Ang!o-American Tinzee.) The question must suggest itself to intending emigrants into whose hands fall the circular pub lished by the American Emigrants' Aid Society— Why are the three points, St. Paul, Omaha, and Kansas City so prominently put forward? St. Paul, Omaha, and Kansas City are each, in truth, the centre of the most desirable districts for emigration now open iu the United States for the energetic. They offer not only wide but diversified fields, with climates rang ing from almost the too cold to almost the ton hot. file emigrant who turns his attention to the United :Mates—the most accessible, open, and extensive of all the regions inviting the settlement of the poor should receive a general impression of the geography of the country, and he will quickly comprehend why these three growing cities have become the chief emigration centres. Broady, the United States consist of three great divisions, and these three are formed by two chains of mountains. To the east are the Alleghenies, to the west the Rocky Moun tains. The first division is the country sloping from - -the Alleghenies to the Atlantic Ocean ; the second is the great valley between the Alleghenies and the Rocky Mountains, called the Valley of the Mississippi, and the third is the coun try sloping from the Rocky Mountains to the Pa cific Ocean. If he keeps this broad fact in his mind, the rest will more easily fall into their places, and be better understood. Although the Allegha• nies are known as a chain of mountains, they are really a succession of peaks on an elevated plateau with wide valleys and offshoots. Even more so are the Rocky Mountains, being on a gigantic scale to the West, what the Alleghenies are on a very much smaller scale to the East. The course of the rivers may be readily learned from what we have stated._ They flow from the Alleghenies, on the eastern slope, eastward towards the Atlantic; on the wes tern slope, westward into the Mississippi, which flows almost due South between the parallel chains of the Alleghenies and Rocky Mountains. So also on the eastern slope of the Rocky Mountains the streams flow eastward into the Mississippi. West ward of that range, on the grand plateau, as far as the Sierra Nevada, the country .is peculiar, and is only beginning to be explored and known. Al though it was natural for the eastern slope of the Alleghenies to be first settled by those who landed along the Atlantic shores, the very cream of Ame rican territory lay behind tatt range, extending to the Rocky Mountains. It is a proved fact in emi gration that position is of the highest value ; that is, a sterile tract will be colonized before a fertile tract if the former be better situated than the latter. It was nothing to the early settlers in America that there were boundless plains westward of Pennsylvania of rich, open, level land, if it was in accessible. There were no means of communicating with the sea, and the country was held by hestile Indians. Hence it was by slow degrees that the country became settled backwards, that the flow westward top, ed and rolled over the Alleghenies into the States of Ohio, Kentucky, and Tennessee. When this was accomplishe 1, and steam enabled the settlers to utilise the Mississippi, the Lakes awl the St. Lawrence, Cie States of Indiana an I of Illinois were thrown open. The introduction of the railroad built up the two magnificent cities of Chicago and St. Louis withiu the lifetime of the present generation, the one to the north of Illi uois on Lake Michigan, the other to the south of the State on the right bank of the Mississippi. When the Valley of that river was fairly opened the flow of emigration was into it, in pursuance of another established principle of emigration. Set tlers choose au inferior soil, free from forests and obstructions to cultivation, in preference to a supe rior thus encumbered. A treeless plain will fill up sooner than a forest district, though the forest land be much the more fertile, because the farm can be fully established on the one long before the stumps of the trees ou a few acres can be extracted from the other. As the broad characteristic of the Mis t sissippi Valley is wide treeless prairies, it became the favourite place of location, not only for the emigrants of Europe, but for the emigrants of Ame rica. By the way, we desire the English emigrant to be aware that the pioneer emigrants to these new districts are and have been Americans—mainly Yankees ; that is, men from the New England States. It was they who founded and made Chi cago and St. Louis, and who are at present in a similar way making St. Paul, Omaha, and Kansas City. The three rich States of Ohio, Indiana, and Illinois rapidly filled up. an I in them have ceetred the chief power of the United States. But, when we say filled up, an English emigrant must not mis take our meaning. There is scarcely any portion of the United States filled up according to the Eng lish meaning. The land along the railroads, around towns, and skirting made roads, is occupied, and farms, thickly clustered, extend over wide ranges, and there, as far as the eye can see, the country waves with crois, but off these lines vast tracts, even in such a State as New York, remain as nature formed them. The question an intending emi grant then asks is, Why not occupy these in stead of proceeding further back? We answer by referring to a preceding remark, that position is the paramount consideration to the emigrant. Though Chicago be a thousand miles from the sea it may be more easy, cheaper, and quicker to transfer a cartload of grain thence to New York than over a distance of thirty miles, aye, or even over ten miles, of country without roads. Distance is but au item in the consideration, and the main object has been to secure the location through which must pass the great lines of travel. Chicago became a great city, because it was the outlet by the Lakes and the St. Lawrence for the rich Prairie States of Indiana and Illinois. St. Louis became a great city because it was the depot on the Mississippi for Southern Illinois and the State of Missouri ' and it is near the ju nc ti on o f the Mississippi and Missouri Rivers. All the choice spots having been taken in Indiana and Illinois the tideflowed westward intolowaand Missouri, and the country between the rivers Mississippi and the Missouri was next occupied. Now the tide has crossed to the right bank of the Missouri into Nebraska and Kansas, and the lands along the rivers Platte and Kansas are being rapidly settled. By each runs a railroad directed towards the Pacific, of which the one up the Platte has been finished and is open, while the other is constructed far west ward, with the design of reaching San Francisco. Omaha, on the right bank of the Missouri, is the centre to which emigration should converge in tended for location along the line of the Union Pacific Railroad, and Kansas City at the junction of the Kansas River and the Missouri, is the central point for the settlements along the Kan sas route. The English emigrant will then per ceive that the tide has flowed all down the Alleghenies to the Mississippi, has crossed that stream to its great branch, the Missouri, and hav ing crossed that is proceeding westward up the great rivers which flow eastward from the Rocky Mountains, and for that the chief depots of emi gration are the city of Omaha to the north, and Kansas city to the south. But while we have been following the broad course of this emigration across the continent, we have passed unheeded the great States to the North as well as to the South. The English emigrant ought to be aware that the grandest series of lakes iu the world border on but are to the north of the States of Ohio, Indiana, and Illinois. Projecting into these lakes, like a great cane, is Michigan, forming the eastern shore of Lake Michigan, and the western shores of Lakes Huron and Erie. Of course, into a district similar to, ad joining on, and much larger than the best portion of Upper Canada a considerable part of the emi gration could not fail to be diverted. Oppo site it, on the other side of Lake Michigan, is the State of Wisconsin, bordered on its western side by the Mississippi. Adjoining that is Minnesota, through the centre of which the Mississippi flows, and on that river in Minnesota, and not far from Wiscon sin, stands the city of St. Paul. Both Wisconsin and Minnesota touch on Lake Superior, and the great river, whose name means "The Father of Waters," a pp ro aches nearest thegreatlakc which, with itssister lakes, form the finest range of inland waters in the world. St. Paul, the head of the navigation of the Mississippi, is an easy communication with Duluth, of which we last week gave an account, the head of the navigation of the St. Lawrence and of the lakes. By the Mississippi the traveller can be carried with the stream into the Gulf of Mexico ; by Lake Superior he can be taken by water so as to enter the ocean at Newfoundland. Hence the intending emigrant can readily judge of the ad vantage such a point as St. Paul offers as a centre whence a locality can be selected. We do not mean to say that there is any neeessity for him to proceed so far ; on the contrary, we have shewu that one of the best fields now open is Virginia, one of the States first settled, indeed keown by the name of " The Old Dominion." But what we as , sert is that those who desire to be early iu the tisld to see great cities and States grow up around them should go boldly westward and select one of the three. Some years hence the emigration wave will recoil from the Rocky Mountains, for, as we have pointed out, it has crossed the valley, and is now going up the slope towards these mountains. In futurearticles we will endeavour to give a brief description, which may convey a general idea of the country around St. Paul, around Omaha, and around Kansas City. S PORTING INTELLIGENCE -L-Tials Day KINGSBURY MEETING. (Br ELECTRIC TELEGRAM.) GRAND HURDLE HANDICAP. Red, White, acid Blue David Copperfield Skirmish Six rau. KINGSBURY RACES -YESTERDAY. THE FLYING STAKES. My Uncle Emerald Skipper 3 Ten ran. Won by a head. KINGSBURY NURSERY. Anarchy Aeronaut Eight ran. HENDON HANDICAP. 1.... 1 Avoncourt Ligurian 2 Thirteen ran. ALL-AGED PLATE.: Peek water Vivandiere 2 Centipede . Nine ran. JUVENILE PLATE. Anarchy......... 1 Aeronaut Lazzaroni Eight ran. FISIIE tY PLATE, Bianca 1 Limerick .. '2 Jeaniu 3 _Five ran. RACING FIXTURES-1870. FEBRUARY. Derby 10, 11. I Newton 25, .26 Harrow 17, 18 MAI: 111. Nottingham 1, 2 I Epsom 29, N. Liverpool B, t, 10 Bromley 31 ; _prii War wick 23, 21 APRIL. Northampton 5, 6 I Lewes We6t Drayton 7, 3 I Croydon 28, 2J ewmark.t Craven 16 to 2.1.1._ AIY. Newmarket Ist S 2 to 5 1 Harpenden 20, 21 ehostor IU to 13 1 Bath 24, 25 Winchester 10, 11 I Stamford 2O, 27 Salisbury l2, 13 i Croydon 20, 27 York 17, 13 1 Epsom... 3l to Julie; I)oucaster 1:., 20 1 JUNE. Croydon 8, 9 1 Newton 22, 23 Manchester 8,9, 10 1 llantpton •3, 24 Ascot ll to 17 1 Bibary Uitth IViudsor 21, 22 1 Stockbridge...3o, and July 1 JULY. Newmarket Fto 8 I West Drayton l4, 15 Nottingham l -2, 13 liuuliugdou 1), 20 Chelmsford ...... ........ 11, 13 1 Kingsbury 21, 22 Reading' 1 9 , 13 1 Lioodwood - 20 to 2J AUG UST. Brighton 2, 3 Stockton 17 t 3 19 I Brighton Club 4 Oxford 1 , 4, 19 Lewes ~ U York '3 to 25 Eg hain 9 I, 19 Plymouth - 1, . 2 ) Windsor 11, 12 I Derby .Su, Si Brumley 16, 17 1 Weyinuuth 3d, 31 S EPTE M B ER. War wick .... .:, 7 I it:ell:nov.3 4 0, 21 A.Liug , :on 6, J 1 iV,st...ra Alt-wt. (Ayr) Zi, zJ Doncaster l6 t l 6 1 lieadou *) ~., 23 ... 1 - I:tuipiuu ~ r, 2i i Newmarket lst Uut 27 LoSU OCTOBER. Bedford 4, 5 I Newwarket 2cteOct..lo to 14 Leicester Bromley 7 I Newmarket liut'n...2l tj 2J .NOVENIBEit. Liverpool Bto It Shrewsbury. 14 to 18 SrEEPLECIIASS vil - ruitEs-1870. Birmingham 8, J I Harrow Derby 10, 11 Newtoir 25, z Liverpool q, 9, 10 I 11..uniley . 31 and April 1 West Somerset 16, 17 Ctio.tauliam...3l mid April 1 Warwick 22 to 24 I APitIL: Aldershot 7, 8 I Kinglbary lB, 19 PRUSSIA. (REUTER'S TELEGRAMS.) BERLIN, Dec. S. Count Bismarck will not at present resume the entire conduct of I,ublic business, since it is con sidered desirable that he should have a few weeks more ri2st. INDIA. AND CHINA MAIL. MALTA, Dec. 8. The Peninsular and Oriental Company's steamer Nyanza leaves at 1 this afternoon for Southampton, where she may be expected about the 17th inst. The Ripon, from Southampton, 27th ultimo, arrived at Malta at 9 a.m., and leaves at 3 p.m. to day for Alexandria. TIIE CONDITION OP lIIELAND. We extract the following from the London cor respondence of the Manchester Guardian : The Cabinet is understood to have been sum moned yesterday specially with reference to the present condition of things iu Ireland. The story is in every one's mouth that Lord Spencer, feeling conscious that his position was becoming un tenable, wished for further powers to control the exuberance of sedition, and to redeem the Government from the reproach of inability to de tect and punish agrarian crime, but that Mr. Fortescue and the Chancellor, Mr. O'llagan, un dertook the responsibility of advising a more for bearing course, or at least to defer the introduction of repressive measures until the remedial land bill should be forthcoming. The notion seems to be that the latter policy is the more likely to be adopted for the few weeks that have now to elapse until the opening of the session. Parliament is expected to be summoned to meet the third week in January. The land bill is in a forward state of preparation ; and Mr. Sullivan retains the Attorney- Generalship and his seat in the House of Com mons in order to assist iu its production. Had the Feniaus persisted in their first intention to con test all vacancies in Ireland with inmates of Port land and Chatham, the difficulty of choosing Irish law officers would have been practically solved ; and even Mr. Barry, who is the favourite aversion of the backers of O'Donovan Rossa, might have secured re-admission into Parliament on petition. But Fenianism has furled sail, and is for the moment lying to. To appease the wrath of the offended priesthood it is agreed to allow Mr. Dease, a Catholic Whig, to have a walk over in the Queen's County ; and instead of starting Capt. Mackay for Mallow it is reported to be medi tating the loan of its support to the Tory candi date, Colonel Knox. It is even doubtful whether Mr. Martin will contest Longford on repeal prin ciples against the son of Lord Greville. lie is at present in America, and as yet has made no sign of preparation for a costly and arduous contest. As the timbers of the Bulwark, 81, began in Chatham Dockyard ten years ago, and left in frame, have more tha❑ once suffered from the at tacks of dry rot, it is very probable that the First Lord's inspection of this vessel last Saturday will result in an order for the removal of the frame of this ship of a superseded class ; it would be but true economy. Major John Buckley, who has for the long period of thirty years held the appointment of barrack master for the Ist Division of the Chatham district, comprising Chatham, Brompton, Upnor, and Fort Pitt, yesterday relinquished the duties, the office having been abolished in consequence of the recent changes in military organisation. For the future the duties which have hitherto been performed by the barrack-master will be carried out by the Con trol Department. During his long incumbency of the abolished office in Chatham, Major Buckley has won the reapect of all classes, civil and military, by his ready as.sistance. in all good works ; to his ex -r -tious and greatly due the erection and good work ing of the Soldiers' Institute at Chatham, of which most of the soldiers stationed there are ►nrmbcre, and in which they fi'd varied facilities fur amuze meut, instruction, and refreshment, without incen tives to dissipation. Major-General Sir Alfred Horsford, K.C.8., commanding the 3d Infantry Brigade at Alder• shott, has been granted leave of absence from the Ist to the 31st of December. 1869; and Colonel Glyn, 2d Battalion Ride Brigade, has assumed temporary command of the Brigade. orU ° At - to piDe° I 11 i I