The Sun. — London, England, 1846-12-17 00:00:00

0101 ir JO ?e 0 ° Y and COMMERCIAL NEWS. (From The Sun of last Night.) 1 7 he sale s o f Cotton at Liverpool yester d ay we re 8 6 .0 0 bales, in c l u di ng 4,000 A mer i can on speculation, S t 2 er hara and Maranham, 500 Egyptian, and 2,5C0 -""" 1 • Th apecu anon. e market was not so animated al on Moday. Shares were duller. b A most interesting discussion was anticipated at the Zan ladle House to•day, on a motion that it be re -I,l(Ted to the Court of Directors, to make better a "i sien for the Native Army in India, as hi ...reward fur past services, and with the L9arrorihy idea of advancing them to that high rot!tion which they most unquestionably deserve. The k ic e of motion, however, was declared, by the chair- Ze, to have been adjourned, pursuant to the request of t oSu,llivan. The subject, however, will not be lost o gi Th• a t , e Cotton speculations at Liverpool are progressing : 41 awful rate. The re m u st be a settling day, and 4 " time " bargainers may rue the day in entering or a such extens i ve operations as h ave b ee n noted leeal. tti o la te. Truly, it may be said, the spirit of ( l n has departed from the vicinity of / dive - eourt, and centre d i n the cotton market of t A l e !P' o ol. However, time will, questionless, unfold a lati o al this, as in other rash and reckless business trans ; ed from the result of which a moral may again be , eig ere are n o t any late arrivals announced from the 4 °l liea So d ay. ka n ee o...nata have just been received of the arrival of the ettl ar 'h mail. We do not hear of any very parti ti,e information, except that in Sicily great destruc I , 6 4l2l .bsdations h ave b een re p or t e d to have occurred. 4 1 , 4 ' a vather w as extreme l y severe i n a ll parts of Ger but 3 ' one and Holland. Th e na vig a tion by canals was all cld Co • kt 9 , l ts‘)lE, for the Account have been rather firm to-day dr r 2 to 931 ; the Reduced Three per Cents. have just pr e „,":"n from 948 to 938. Exchequer bills are at 14, tut n. Bank Stock at 207, and the New Three-and- V i anaix per C ents . at 953. t o a lias tie the p a y d ay i n t h e Sh are Market, and the lk ai "It rand pay-d a y i n th e F o reign Funds. Little le i -has, c onsequent l y , b een i e p rog ress, but the T r an d liquid at i on o f diff erences . m e w have been bargains in Buenos Ayres, at ; tt:i 7 a lican, at 231 k; in the Four per Cents. Portugoe,e, iyil .; in the Dutch Two-and a Half per Cents., at 54k; TV the Four per Cents. at 921. 111 1 e prie eti of railway shares and scrips are pretty to day. 1 11 h ONE CLOSING c" OP hitITISII FUNDS. O'CLOCK. PRICES. StOck Per c e .207 207 itozc li aunt. Reduced Anns....- 937 i 944, 93 , 3 i Per Cent. A nnu iti es 95' 3 8 3 / 496 90% VD A not nities to expire J an. 1860 9 15-16 % t ! . `aa Stock Con, t° b. -41 A f Annuities ... 9 3 3 / 4. 93 3 4 44 zeli atter °Penina• 93i /eVi 93% - Ditt o, ;10001. 1 1 Ad. ... 11 14 —" 13 p Di 401 ll 14 —— p 13 P t to. Sm a ll oNE CLOSIN (3 O'CLOCK PRICES 11413titteerirE408::::a_01,:enwirFir4G3N FUNDS 8 - I y 2 ex div eaje''l3Tres Bonds, 6 Der Cent 42 _ N 0.. ", 5 per Cent. 1846 ...... 23%1A, ~ Port,7, &ccount . - 3, SpZ"Vlese Bonds, 4 per Cent 37 !• 141 5 Per Cent. 1840 - - ditto, p assive -5% )1t1,, : Dividends on the above payable in London. 541 i Vi ltt s ',, a n, 2% per Cent 5 4 14 604 thit 2 lis per Cent - 924 g ei t I '' ° , • 4 Per Cent. Certificates 92% 4 41,w L EM 01 , A TT , BUSINESS DONE CLOSING k ti‘ A... rd„ A Y 81 1AREs 1 " -- AT ONE O'CLOCK. PRICES. - ‘ 34 ber : l ii ............ ,- 25 - - 5 44 k ott., Boston, apht t ern Junction 2%...... o , c,„,_"' , leraine, N-.0 and 1304." 1 18. h_. l% _ 1 4 11 - 6; B', U01int . 3 . :13 ......... 4' - ksibiagual and Dudley 425. 4 ..... 5 % P. ...... - p i ., end Glencester..loo kr i s 4 7 . 7 I%TeW .............. 17% ••• ••- ..... 4killPra and • Ox -41._ "tinction ......... 2 '`° l lll. - alld 4(1, Lancashir 1 0 Cheall'e' k !till. s t _lre Juno.... 2 3 % ''' .lB to - a ,, - 7 41 , ,d, & Bit. 225. - 11 Ditt o, l --4 -c•xeter ..... 75 lit• N --- •• ••••........ l at,,, el itz , e w .......... 5 - ... . Is•Astoi wG l oueester... 30 •••••• tittap4 Liver. June. 2 1 A •••• ** el geCi 4g e.:_ 4l : l33 llire . 84s. - bitt (2 7 44 ... ... ... 25 . ~.. 23 % ,bi tt „ 11 ,41 f Si;;;es..... .. 21 /a - ......... ..... 1,11•145,-,1Ydesdalo Junc 25 Cllt illi 414 Holyhead. .. 27 IA th tt alld Bl - - ''' ....N..... tOste r and Manchester 2 6`.titteh.: a 4 anchester 425. - .•• ......... ..• - Aren t a - ul . and Oxford 2 Cl .......... ....100 to. s at - , .2 ( 1 ell!, 6 per Ct. 10 1-10. - Go v ' 4B , 5 per Ct. 10 - Cork D e , ..r.ttrnent Loan irk an d 4 .4 d gi ll i ,_t• . ........... 10_ e t ,' 4 and Nv q ‘nley ... 2% -- I, III WO at enOrd ... Ph i % ui), to H a l f .... . 5 ~._ , si, .......... ... .••...• -,, t Li ne° , _sires .., 2% ...... - ..... b.'ord ould ti3 ':, teat Ret e..ect /.1 0 ,.., effd. June. 2 5 ...... "'" iZeettNi n ''''.'ern .... 2% ...... 2% , -- abli n "Ilvich ............ I unblie,alld Belfasi June. 12 1 / .1 h tlo le,..: B elfast, and lutil)h._•,,ue ........... 2% - )n.,,,,'m 41 1 8, d Galwpy. .. ... .. 4 - wister,„ Enniskillen 10 biti o `unties ...... 14/. 16s. 2 2 1 /8 . et.? ......... 12/. 16s l)itto l eri s etual 5 par b et4t • lr ' it to O. 1....... 61.135. 4d ~ t ko vutto tension /. 13s. 4d 3 N 4 .. , 4 , 1 . 3 . ork . 2 --- - ..... t aete erel l'ut andNor'cn 1 35 .. 114! Union ... .. 7 ...... a 3, b l- ' ll Quarter Sha res -/4 V ) . Ekten.(Harwich) 1 7 / 8 - ......... . .. .. .. .. •P4 2 :''', Camb. and Ely.. 2 v „ — .............. 6 , atiewhire - •• •••• ..... Itt o Do. New 5 •• ... - ............ ... ... N • , 1 0 . (late P res t on DO -LCl nnakirk) . 5 .... - ............... at "11°"1‘1" 'p ,• 1 1 4 - ......... .. test &W- of o iLe .. .. 1 1 ,4 2X/8 ............... Edb -°' - " l gland , .......... Ditto ... 10 ~ _Ditto are k s , fi l o i al a f il s d h Gla "? 5(1 ) . " ..........: -- ............. ••• • • .............. ib..l4linburaur_er Soares 12% ....., 183/4••• ........... 4 0„1abo r ih antloil,*thern.. 12% - ...... ..... -.. El and thitZ r r th ••• 3 , ••• •• bliniskilion and gn ... 12% r l !eter, y eovii , & Dorset s . e . t . I ( ( 4 2 -' 43l r, OW, Dumf ries, and -- • , firligi c , to_ ... ....... .•• . 48 140 w lui niar B ;X*** 5 - to, b it 1/4 --" Yr So - ~ ,4 Shares (5 p . e . r 15 - bo ' " 4 0 , 1 :1 111 „t• guar.) .. 121/ 44 auld 'VT?. n . easte r , 11; . c . .. .:: 2 '2 : . „„„.tuun (Notting at(l•7`l,sl:ln ........... iy •• ...... •••.. EnEastern &Western. 2 1 ,x - .. ...... ... .. t Sout i . , h. and . West. 1:34 . b uster.Gt e. ......... 271 1 1 ••• • • ......... Gtzt Nor:h of ge .. ... ..... 2 2 % ...- - -.atiztttotNooxrts,?hwo.f..E..n2.l.a..n.d... ...... bitto' evr • - ........ 15 ....-1534114 ' Ile w 1 1 A - 14 14 4 ...... e5t ......... .„, b;..w ern. ............ 85 bic S hares ..... .. 50 - bit to to A ft Bll4l. " b b itto, iiew ha ............ 20 - 2 - 11.4tetoralield&M.-an-Ch...e.s: 13 ....... - h 1 suit ...2 E xtension ...... 3 .. b . _ •Lttcl Selby ............ 50 - t i . 3 * Ralf Shares ... 25 - - j D itto 1, s , ... p a .,,_, - .,4 uares .... 12% - e 4 cc Bury St. Edm 111,4 lO% °, do, and Norwich. 2% • 1 301.114.: and Carlisle... 50 ...- 'w .............. 5 ''' L lcili and Bradford ... 30 ...ais..:e_r and Bedford... .. .. .. 16s. - ......... .. ..• 1-.o3.,l3l)evrsbuy, &c.... 22% -.. ........ . ..• 1)k h ra nel? ( lue) ... 2% - 47t _ . K.xtension( Green ) 14 - )i t a t Z, , , ,. d Thu' h u5k......... ........ . 1 2 7 - 4........... - 14 1 ,4 ex new....14%_x n 1) 0 '4l", ............. 5 - .............• , chair . v - 44001,, itper (A. 3 / 2 - Lone j ui iJ &New don end ,io n . - Do N ew ."'"teirwall. 16/. 138.4c1. - Ditto , -.. .. - ...... .: .... ::: tOod on ; r lt9laion Z:SoUth cou rig t hton, and 50 . .. 584% pit to, Fiftks 1 - ', O . Consol. Eighths.. 10 47 0. Gnarant. 5 per ct. 9 - ... .. .. ..... t ti on and Greenwich 12/ 15s4d - 1 4 ' - ' ho . Preference ..•18117s 2d - •• Western Hounslow. and t 2 - ••• S itidon an d N. Westemloo 195 194 ..... ....... I/ O. Quarters 2 - 'h .'"°•, no., New ......... 2 Ditto 14% % rtto Fifth s - •• DO 1 4 Shares (G. J.) 5 - .„ - uo 40/. Shares (L. M. ) 8 ...... - i y ., o . 40/. (M. & B.) ... 40 ...... •-• "O. 101. (M. & B.) A-. 5 ...... , 1 0 . 10/. (M. & B.) B. 5 ••• ••• - / 0: 0 . 10/. (M. & B.) C. 1 - 44e44°11, Oxford, and heltenham 4 - &b W t 411 6a 10d...... 62 63 62% b_ • eti ern h t • IN ew ConsoL Bths 40 ..,...n.:Ne.22%. .. 2 Q% ~.uo. N ew . 18 ... . - ,uitto Tenths u ib.tto Tenths ... ..... 4 - JUG s cr i p tVto ditto ...... . .... 4 ...... 41 2 ... ........ 6: l land York 2 .% 2% • ••• L a • Extension 2% - • yob Salisbury, and 140;.. i dlo .„ ; 1 n .. ~- - ..... .... • •••• •. A ••• • Ltille o n i er ry& Coleraine , 15 - ....••. ......... kin ilu arr3' and Ennis- , L.yil n e/1 „., ... .... ••• ....... .... 15 . l'Ye • - ''''' EIY 44-21 and Dereham 1.5 ..... l ellester and Leeds B2 ...... - 1, - " l tte % Shares3B -°• Qu arters...... .. 2 1) 0. ~,.,......... ...- Tv.. t: ; !Ilas ............. ... 5 • - i'2. btxteenths ......... 6% - '''''' tension.. . .... 42 o Live ......... s. -- P Fifths and Bury 24 ii. 120. do. rain .... .... 1 3 "er.. eB ter•Baxton,and litiziock ......... -... .. 425. - P tul kn u elt. & Sonthampt. ...... 1N DO-. _l._ .. ....... • 100 127 126% ~. tift hs ............... 2 - N u .. ±: N e e r............. 24 r);;'.%,: .......... . 2 "''', and Detio7loo lO3 104 81% 61 p 23 3 / 4 214 . . . . . . . 1 lii 1% 2% 22% % P 334 .... 2% 18% ...... 21/i 54 1 ,4 17 7 4 29% 10% 756 , 1 1 58% 47% 62% 26% 5% 16% 1p - P 1N 126% 31'4 Midland Great Western Irish Newcastle an d Berwick 20 Do. North Shields ... 25 Neweastl , anti Carlisle...loo - New mrk et &C;hesterfrd 5 Newport& Ab ergavenny 2%...... Newry and Enniskillen 7 ...... . ••••• Newry, Warrenpoint, -,d Rostrevor 5 an( Norfolk ~.100 l3 O l / 2.... -. ...... Ditto Half S hares 9 ...... - DO. Extension Northern Coun ties Union 2% l l4 1 North British .. ..... ... 25 Do. Half Shares ll ...... 16 ......... ..... Do. Fifths 5 Do. Quartets Do. Extension Ditto Thirds 1 ...... 33 4 1 % 4...... Northern and Eastern 5O Do. Scrip (i ssd. 5 dis.) 45 Do. Quarter Shares... 12 1 / 2 — Do. New North Staffordshire...... 5 ...... 814% North Wales Northern and Southern . . Connecting North Western 2th — Oxford, W'srcester, and Wolverhamptot Oxford, Witney, and Cheltenham.... Portsmouth Direct 3% Preston and Wyre Do. 1 4 Shares Reading, Guildford, and Reigate 3/. 12s. — dam• Richmond Royston and Hitchen ... 1% — Scottish Central Scottish Midland 12% — • Sheffield & Manchester 100 Do. Quarter Shares... 8 Do. Lincolnshire June, 1 1 4 — Do. & Great Grim•by. 10' Do. do. Extension 425. .... ...••••••• ••.• Shrewsbury and Birm 3 .... . 4% 5........... Shropshire Union Shrews., Wolverhamp., &S. Staffordsl.. June. 2 1 , South Devon... 4O South StaffordshireJunc. 2% — ‘outh lizotern & Dover. 33% 38% Do., No. 1... Do., NG 2. Do., No 3 Do.. No. 4 St.Alban's, Hatfield,and Hertford Junction ... 425. — Stafferdsh. & Shropshire 2% — South Wales 5 Swans. & Loughor & Ca meron's Stm. Coal. ... 2 Taw Vale Extension ... 2 •• •• •• Vale of Neath 2 Wakefield, Pontefract. & Goole 22 1,4 •••......... •• Waterford and Kilkenny 11 . Waterford and Limerick 271% Waterfd,Wxfrd,Wicklw, and Dublin Wexford, Iv aterford,and Valentia Waveney Valley 2 Welsh Midland West Riding Union ...••• 425. — West Cornwall ...... 2 ... .. • Wexford and Carlow ... 3% Wilts, Somerset, & Wey mouth York and Newcastle. . .. 25 3B 37% Ditto New 5 ...... .... Do. Preference ...... 2 ...... 6% 7.... ork and North Midland 50 Ditto %5hare3........ 25 Do. Selby 4O Do. Extension Ditto, Preference Do. East and W est Rid ing Extension FOREIGN RAILWAYS. Anglo-Belgian Barbadoes 1 ..... — , Belgian Eastern Junctn. 2 1 ,E Boulogne and A miens... 16 ...... Bordeaux & 'Mediterran. 2 bordeaux, Toulouse, and Cette (Mackenzie's)... 2 .. ... Do. (Espelete's) Calais, Dunkrk, and West Flanders Calcutta and Diamond Harbour .... 7s. Callao, Lima, and Pacific Coast Central of Spain ... • Ceylon Demerara Dendre Valley 4 Direct Bombay and Madras Dutch Rhenish 6 East Indian ... ..... .... ss. Fampoux & Hazebrouk 4 Great Indian Peninsular ss. Great Western Benga1... ss. Great Western Canada... 3 1 4 Italian and Austrian. ... 4 ... Jamaica S.Mid.Junction 1 Jersey Louvain ala Sambre ... 6 ... . ... Luxembourg 4 Lyons and Avignon 2 — Madras ... 1 Madras, Nellore, and Arcot % _ Madrid and Valentia.... 2 ... .. Mauritius .. Namur and Liege Nn of France Constituted 5 ...... 10 1 / 2 % North Jamaica 1 Orleans and Vierzon ... 10 Orleans and Bordeaux... 6 .. .. . Over Yssel 4l 3s 4d Paris &Lyons Constituted 5 Paris and Orleans 2O Paris and Rouen Paris and Strasbourg _ Constituted :. 5 Rouen and Havre Sambre and Meuse ...... 10 .... Strasbourg and Bale ... 14 St. Laurence & Atlantic — fours and Nantes Con stituted ... .. 5 Tournay, Jurbise, Lan den, and f1a55e1t....... 8 Trinidad W es t Flanders ...... . 6 — JOINT STOCK BANKS. Australasia P r ovincial of Ireland ... 25 London & Westminster. 20 Union of London... lO MINES. Real del Monte Unregd. ----3% 34 3 / 4 5% - 1304 1 37 16 29 85,§ 3% 38% 23 14% 1 3 / 4 p 37% 46 14 12 j 1714 - 10% 5 xd 25 3 / 4 273 / 4 OF TRADE IN NOT TINGHAM. of the false and mischievous state communicated as it would meats which hadvuengoutpearbsr,oad through the medium of some of the L . o u n form In S9 c r on A we T qu E enc e ill L 1) 1 correspondents here, respecting appear by we have been led h n we are ordinarily try, • to the subject t a the state of the varioustudmepakaretmmeunrets eoxfteouusr:vloecauluidndus mi nute inquiries in alltim in es bu to r afford to the public the m power. n e c x t i information °ug a t accustomed to adopt, thoosutgchurar The habit indulged Y factures of this town as exhibiting the manu of always re convinced, by in b some of our contemporaries s ectable manufacturers extensive intercourse with rep of the most inju and London salesmen and merchants, in a state of ruinous depression is, we a rious tendency. one of the jo u rnals of this place , town and nei g hbourhood is in a condition of the greate st of Take the case now before us. It is bruited fort h by t hat the trade of the dering about of the m os t extreme d est itution, and wa n This is possible d e p ress i on — t h a t multitudes m en are in a state in all di rect i ons i n searc h o f employment. copied into the London journals and meets the eyes of buyers in all directions, who are thus led, from anex pectation of a r e d uct i on i n pr i ces , to keep out of the market : and in this manner, by degrees, the statement, originally false and unfounded, accomplishes its own fulfilment. But the evil d oes not stop there ; unprincipled close grinding manufacturers, seeing t h ese s tatements made in the public pri n t s of the town, and knowing that they will be certain to m ee t t h e eyes of the operat i ves and create -,orne alarm amo ng t h em, immediately g i ves notice o+ n e n o i la , r , :d i r e trtxiona work to h intheprice; e or and put o f intotheir the intention goods to i made, as it may best suit their convenience or policy. And thus the poor man becom es the du u e, v or b victim of an eeu raised an insensate clamour which would never had it not been for the purpos e o f a f fordin oppor tunity to the writers of the paragraphs alluded trade of the to to of the, exhibit some crotchets on the su bj ect of town, or on the general trad e -p o li cy which they thought could be r en d ere d , under the cir cumstances, subservient to the interests of some or faction, whose prosperity they were engaged to sup port. As we, however, have no s uc h petty interest s to uphold, nor any such selfish feelings t o grat i fy, sha co -tinue, as heretofore, to exhibi t that simple'w e fa thful record of the state of the different branches of trade in this town and neighbourhood, which bas pro cured for our articles on this subj et so extensive- a notice among the leading journals of both town and country. LACE.—There are general inquiries by buyers of goods in the rough state, and some extensive parcels have changed hands. It is now ascertained that stocks are unusually low ; and as the news from Liverpool and Ma ichester leads to fears of a further increase in the price of yarns, it is evident that prizes of plain nets and of coarse fancies must go up. Cost and selling rates have not borne any real relation to each other for the last two months. This market is in a very singular state ; and it will be no wonder if in a week or two it revives in an extraordinary way. HOSlERY.—'though there exists some dullness in the demand for particular articles in the trade, it cannot on the whole be considered as in a much worse state than is usually the case with it at this season of the year. Some houses have large orders in hand, and others are in daily expectation of receiving such ; the advance in the price of yarns, equivalent, in heavy articles, to from 20 to 30 per cent., rendering it highly advantageous to buyers to enter the market whilst the present stock of goods are on hand ; it being certain that a considerable advance must soon take place in the price of many articles.— Nottingham Mercury. Died at his house at Greenwich, suddenly, James Wilkinson, Esq., the well-known indigo broker in the City. Mr. Wilkinson retired to rest at twelve o'clock on Monday night, apparently in the best health and spirits, and was found dead in his bed at nine o'clock next morning. NA!TIONAL PROVIDENT INSTI- TUTION. Th El annual general meeting of this important society was ?Add, at twelve o'clock yesterday, at the London Tay( rn, to receive and consider the general statement of th a funds and effects, and the report of the state of the r rosj ►ects of the institution, and for the transaction of other business. Charles Lushington, Esq., was unani 03C usly voted to the chair. There was a numerous attends., The' radvertisement convening the meeting having been read b y the secretary, Mr. MARSH, The CHAIRMAN proceeded to address the meeting. He sa id—Gentlemen, having no prominent official posi tion he the direction of your affairs until now, I may be permitl ed to acknowledge the flittering vote which this draj 7 constitutes me your chairman, and also to ac knovvle, dge the kindness of those who appointed me the chairraa in of two former meetings—this being the third imports nt meeting held in the course of the last twelve months over which I have had the honour to preside— (Chee:.,,s .) And lam the more gratified because on the two last occasions questions of unusual difficulty have been r tooted, by which the discretion of your chairman was c idled into active exercise, your favourable judg ment of which I was most anxious to receive.— (Hear, hear.) I am disposed also to discover an addition al kindness on your part. These differences, the diaa assion of which I was called upon, in the course of my d uty, to regulate have never, I trust, been com pletely neglected.—(Cheers.) You have afforded me the pleasing and happy opportunity of congratulating you on the restoration of that harmony which I would fain believe was only slightly and temporarily interrupted. —(Heel.) Had I been called upon, year after year, to account, for the diminution of business, to apologise for disappcsiintments, or to palliate failure, I must have felt the en ibarrassment of my situation ; and I feel em• barras3m ent now, but it is an embarrassment springing from a far different source—it arises from the ap preheintion that I may be accused of exagge ration i n felicitating you upon the exuberant prosperity of the i titution—(Hear, hear)—but the stubbornness of facts bears me out ; the indisputable accuracy of figures is my authority and justification. If you refer to the report of last year you will find that our policies, tsken wit'ain the twelve months which ended on the 2d of November, amounted to 911, and I confess that the directors thought that this annual aggregate, having in creased •for three successive years, would have paused at its act* but on the contrary, we might have been much more sanguine because the account made up to the 20th of November last exhibits the extraordinary number of 1,005 policies—(Loud cheers) —being 85 more tha.n those of the preceding year. These policies represent, assurances for 516,5001. ; the annual income is 18,0001. With these, 1,005 strictly belong to class 9, which is the most lucrative of all. Nor let it be said, that we have been too ready and eager for the acquisi tion of policies. But you will find by the report which will presently be read to you, that we have declined, under the counsel of our efficient medical officers, 128 policies. —(Cheers.) The deaths in class 9 have been thirty-one, and the amount paid on account of them has been about 15,0001., being 6,000/. above last year's.— (Hear, hear.) Now, as long as the deaths maintain a fair average, and the sums which we have to pay are rea sonable and properly apportioned, I conceive that we shall have no cause for regret, because we are enabled, not onl y to promote our own selfish interests, but to pro mote the advantage of society at large.—(Hear, hear.) I hare always thought it necessary, on occasions of this kind to enlarge upon the advantages which may accrue toe father, a husband, a wife, or an orphan, by insuring their lives; and I have recently seen two cases showing the immense advantage of mu tual life insurance, in a little work called " Hutchinson on Life Insurance." Two cases, illustrative of the advantage of this species of insurance, are to be found in this book, with respect to which I am sure you will allow me to detain you for a few minutes. Two young men entered into copartnership, and jointly insured their lives for 1,0001.; one of them died early, and of course the benefit of the insurance came to the survivor, and the amount thus obtained enabled him to pay what was due by the partnership estate, and to conduct the concern, without difficulty and without embarrassment. A young man, whose parents were in very narrow circumstances, and whom he was obliged to support out of a small income, insured his life for 1,0001. He died ten years before them, and thus he was enabled to convey to his parents, who otherwise would have been reduced to an abject state of destitution, an annuity of 85L per annum. (Hear.) Surely we ought to disseminate these things, because a knowledge of them could not fail to induce our friends, and others with whom we constantly come into communication, to have recourse to that which is produc tive of such immense advantages to mankind. Lastly, gentlemen, I may mention that our present capital is within a fraction of 300,000/—(Loud cheers)—being an increase since last quarter of above 58,0001., and that our income, derived from all sources, is 88,949 L Now, though the subject of life insurance is not :one which agitates men's minds like politics, and though it is very possible that the gentlemen of the press, whom I see before me, may not think it worth while to promulgate the details of my announcement, yet the con tents of the report, which you will presently hear, will be canvassed in other offices—it will be mentioned in the metropolis—it will be circulated throughout the country, and grave men of business will examine its affairs with steadiness—with a steady and scrutinising attention, and will recommend this institu tion, on account of its success and the excellence of its principles, to every person who is actuated by feelings of forecast and prudence.—(Cheers.) Gentlemen, I be lieve that is all in the shape of preliminary matter which I have occasion to detail to you. The first thing I have to do is to request your attention to the report, and after that to a general state ment of the funds and effects of the institution. With your permission I will call on the secretary to read the report. Mr. Mutsu, the Secretary, then read the report, which was as follows : The Report of the Directors for 1846, presented to the Eleventh Annual Meeting of Members, held on the 16th of December. " The return of another anniversary of this institution affords the directors the gratification of laying before their fellow members a highly satisfactory report, show ing, not only a large increase of business during the past year. but exhibiting in its various details the prosperous condition of the institution, far exeee,:ing that of any former period. It is with feelings of lively satisfaction that the directors congratulate the members at large on the high reputation the institution holds in public esti mation, and on the extensive sphere of usefulness it has already attained, including, as it now does, 4,372 mem bers. This number comprises members residing in all parts of the country, and there is every prospect of the number being progressively increased as the benefits of the society become more and more widely realised, so that, at no distant day, it may fully accomplish the design of its founders, in proving itself a truly National Provident Institution. " In the course of the year just terminated the large number of 1,005 polices have been issued, the annual premiums on which amount to 18,4411. ss. 3d., and the tah we conducive institution, one hundred and twenty-eight proposals for life as surance have been declined as ineligible. " The accounts have, as usual, been made up to the 20th of November last, and, from the auditors' report, the capital stock of the society on that day appears to be 1 299,6751. 12s. 4d., being an increase, since last year, of 58,2141. 19s. ld. " The annual income is now 88,940/. Bs. 2d. " The claims paid on account of deaths during the year amount to 15,001/.ls. 4d. " At the close of the ensuing year the assets and liabilities will be investigated by Charles Angell, Esq., actuary to the institution, for the purpose of apportion ing such surplus funds as may have accrued since the last division of profits, in 1842; and from the large in ci ease of business since that period the directors enter tain sanguine expectations of a satisfactory result. " In September last a special meeting of the members was held to consider certain proposed alterations in the rules and regulations, which, with some variation, were adopted by the members then present. The rules thus altered have been certified by the barrister as required by the Act of Parliament relating to friendly societies; although the directors did not acquiesce in all toos th at o f t h t e h c o oh a a ff fi a d i affairs of the laws alterations r thea ti on s then society, themade, directorsn ow willt he 3 rejoiceh av e t o b e fi c h o d m t e h t e h m e and harmony (which from the com h menceme t a a t s l srub sisted between the directors and ss te that members has attended a l e e' tnthbeeinegffiemieols'tt management be attributed) may be uninter institution is jus . ed. The mutual good feeling between tedly maintain rup whom the management of the very important those to and to which much y t o o f the success concer ns of the society are intrusted and their fellow - amnedmpbreorsspiesrietsys.enti t s hows the progress of the to its permanent stability " The following st a ement i ns titution since its commencement:— t. . ---------- No.of Amount of Years ending Policies Annual Income. Capital. issued. -- ..------.....---- x s. d. £ 8. d. 20th Nov., 1836 616 8,021 12 2 1 30,7592 36 10 5 3 0 ~ 1837 435 14, 600 0 0 1, 1838 459 1 9 , 934 19 4 46,855 010 " 1839 490 25,497 4 2 64,959 10 10 1840 494 31,05 1 10 10 90,545 13 9 ~ „ 1841 857 36,357 1 4 114,993 2 4 1842 364 39,360 9 7 139,806 11 2 1 7 ~ 1843 703 44,219 17 0 167,079 ~ 184 4 722 55 037 9 2 202,162 1 9 1845 911 1 846 1,005 .0 , 819 14 5 241,460 13 3 88,940 8 2 299,675 12 4 Total ... ..... 6 556 The financial statement was then read in detail, and exhibited a nett balance of 299,675/. 12s. 4d. on the 20th of November last, to which period the annual statement was made. The CHAIRMAN proposed the adoption and printing of the report and accounts for circulation amongst the shareholders. Mr. CASH seconded the motion. Mr. TYLER wished to say one word with respect to the report. He had waited for some gentleman to rise and propose its adoption, because he thought it was the most gratifying report they had ever had the pleasure of receiving from their directors.—(Cheers.) Those who had paid any attention to the subject of life policies, and to the progress of societies of this kind, could not fail to be struck with the extraordinary progress of this institution. He had given his attention to the matter, and he thought he was perfectly justified in saying that no society in his experience had progressed with a ra pidity at all equal to the progress of this provident in stitution.—(Hear, hear.) It had only been established eleven years ; and it would hardly be believed, but he had the figures to show it, that it had issued in that period nearly as many policies as the Great Equitable ',THE SIVY, LONDON, THURSDAY MORNING, DECEMBER 17, 1846. , Insurance Company h a d i ssue d i n 80years.—(Cheers.) J The motion was carried unanimously. The CHAIRMAN said, in accordance with the third rule, two directors—namely, Mr. Joseph Hargrave and Mr. Richard Shortridge—went out of office, and that the two candidates who had offered themselves were Mr. 'William Millar Christie and Mr. William Tyler, whose election he proposed, and they were accordingly elected. Mr. CHRISTIE briefly returned thanks. Mr. TYLER, in returning thanks, congratulated the meeting on the improved condition of the institution. The conduct of the chairman at the three great meet ings had been most praiseworthy. If every any poor, unlucky wight required a fair and candid hearing from any meeting he did that time last year, and he wished to express his sincere obligations to the chairman for the fair hearing which he obtained for him on that occasion. He (Mr. Tyler) was placed in a pc sition of extreme difficulty, but the straightforward and honourable conduct which distinguished the chairman on that occasion, though he stood almost alone, enabled him to furnish a satisfactory statement to the meeting. If at a time when he was little known he received kind ness from the members of the society, he did not hesitate to accept office now, when he was more used to its af t fairs, and could, besides, be of more service to it. The institution was Only beginning to emerge frcm comparative obscurity to a position of consider able importance, and therefore he felt much honoured by being solicited to take a seat at the board. When he found that in its eleventh year it had issued 1,005 policies, and that the Equitable, which had been established eighty years, with its 9,000,0001. of capital, had only issued 162 in the course of last year, and when he looked at the principles on which it was established, he thought he ought to predict for it the meet unbopuded success.— (Cheers.) This would be the more evident when he stated that they had 5,926 policies, and that the Equitabl e h a d only 6,l4o.—(Cheers). This was an inducement to the friends of the institution to make its advantages known, because additional policie.N could not be otherwise than beneficial to all. He had done so, and would continue to do so. He thought he was the first member that had been returned to their House under the Reform Bill.—(Cheers.) He would do all ho could to benefit the institution, butSwhen he ceased to do, he should not continue to fill the office to which they elected him.—(Hear.) Mr. REED proposed Mr. Alexander Scrutton, Mr. William Smith, and Mr. Robert Ganneron to fill the office of auditors for the ensuing year. and to have a fee of 10/. 10s. each, which was seconded by Mr. HARDWICK, and adopted. Mr. SCRIITTON briefly returned thanks, and in doing so stated that the accounts from the commencement of the institution had been kept with the greatest accuracy, and that vouchers for every payment were produced. He had not had occasion to make any complaint during the whole of that period. Mr. SmiTH also returned thanks. Mr. REED returned thanks for Mr. Ganneron, who was absent. The CHAIRMAN then introduced to the meeting a subject which to the directors was one of extreme deli cacy, namely, remuneration for their services. By the amended rules the directors had ceased to allot their own remuneration; it was therefore the province of the meeting to do so. The alteration was one most accept able to the directors.—(Bear.) A GENTLEMAN inquired the number of directors who usually attended the meetings? The CHAIRMAN replied that the average number was nine or ten, but as the two 'gentlemen who had with drawn seldom attended, on account of residing in the country, the number they expected to attend the future meetings would be twelve or thirteen, exclusive of the medical members. Originally they had one meeting a week, but the increased business made two necessary. The remuneration at these meetings averaged 14s. or 15s. each. Considerable discussion ensued on the matter : one gentleman proposed SOZ each, whilst another submitted that 1,000/. should be voted to them as a body, and its division left to themselves. Anoth er h e ld t h at t h e y should be paid a certain sum each as often as they at tended. It appeared that they had received 1,2001. during the past year. Mr. HOLBORN considered that they ought to give ample remuneration to those who had conducted their affairs with so much ability and so much advantage to the institution. Last year they had only received 1,2001., but the Equitable gave 2,0001. to their directors for the same period. He moved, as an amendment, that they should be paid 1/. ls. each for every attendance. A GENTAEMAN seconded the moti on , an d o b serve d that as the institution was increasing in prosperity the duties of the directors would become more onerous than at present, and that they ought to be compensated. Mr. BARCLAY considered that the remuneration pro posed was inadequate for such valuable services, and instanced it as hardly sufficient to pay their coach fare. Such valuable services ought not to be measured by such paltry terms. The remuneration they received was smaller than that awarded to the directors of any simi lar institution of the kind. _ The CHAIRMAN explained that they were frequently offered mortgages, in order to ascertain the value of the property. It was necessary for the directors to be most correct in these matters, to go into the country to ascer tain its value. As this entailed great expenses upon them, they were allowed 31. 3s. a day whilst out of town. Mr. A NSELL said that his avocations led him to be acquainted with institutions similar to the present, and also the remunerations given to directors in several in surance companies, and from that knowledge be felt bound to say that the remuneration given by this society to their most efficient and skilful directors was far less than that of any other institution of a similar description in the metropolis.—(Hear, hear.) Looking to the large amount of the receipts of this institution, he thought the society ought not to consider whether their directors got a guinea or 255. for every meeting they attended, but that their best course would be to vote a certain sum for the directors, leaving it to them to divide it among themselves as they thought best.—(Hear, hear.) He thought that the sum of 1,5001. at least should be voted for the directors.—(Hear, hear.) He would, therefore, move that that sum should be given to the directors for their services for the ensuing year, Mr. HAYWARD seconded the proposition. The CHAIRMAN begged to inform the meeting that the remuneration they were now calling for was for the ordinary directors; they would have at a future stage to ask the meeting to remunerate their medical directors. —(" Hear, ,hear ;" and cries of " We know that Now, with respect to the proposition for giving the directors 1,5002, he had to state, after a short con ,ultation with hi s co ll eagues, that, although they were highly gratified with the unanimity that appeared to prevail in the meeting with respect to it, they did not require so large a sum.—(Hear, hear.) He thought that 1,2001. for the directors, and 1001. for the occasional deputations, would be quite sufficient.—(Hear, hear.) The directors, however, had no hesitation in saying that 1,4004 would be ample to cover every expense, and they would gladly return their thanks to the meeting if they voted that sum.—(Hear, hear, and cries of " No, no.") The motion of Mr. Ansell (the other propositions and amendments having been withdrawn) was then put to the meeting, and declared to be carried unanimous* The CHAIRMAN then said, the next subject for the consideration of the meeting was the remunera tion of their medical directors. Hitherto they had paid them at the rate of one guinea and a half for each attendance, which made three guineas a week each. Now, the directors were not quite satisfied, con sidering the long standing of the medical directors in their profession, and the immense advantage the insti tution had derived from their services, that sufficient remuneration had been given to them, and they thought that, without anything like impropriety, the amount might be increased from three to four guineas. —(Hear.) He believed that the medical directors had lost the at tendanceonseveral families, because they had acted conscientiously in sti and t ut io with respect t o the ligveivsinogfferildviefeor to oinsuthrae institution a re fused to barter the good opinion of the society for the sake of serving interested parties.—(Hear, hear.) He would, therefore, move that two guineas be given to the medical directors for every meeting they attended, in stead of a guinea and a half..—(Hear, bear.) The motion having been seconded, was declared by the CHAIRMAN to be carried unanimously. Dr. BEVAN returned thanks ou behalf of himself and Dr. Conquest, whose absence he regretted. He was proud of the countenance their exertions had always re ceived from the society, and could assure the meet ing that the kind course they had pursued that day would never be forgotten by him or his colleague. It was most gratifying to find that their exertions had been attended with such success, that the mortality among the members of the institution was far less than that of any other ii the metropolis. Mr. TYLER then moved a vote of thanks to the di rectors for their great exertions on behalf of this so ciety. The motion having been seconded, was declared by the CHAIRMAN to be carried unanimously. Mr. LUCAS, one of the directors, returned thanks. He hoped that the future acts of the directors would prove, more than their words, the interest which they took in the present institution.—(Hear, hear.) A vote of thanks was then moved, and carried by acclamation, to the Chairman. The CHAIRMAN returned thanks. It had always been his most anxious wish to do his duty, and be was de lighted to find, from the unanimous vote of thanks that had been passed to him, that he had accomplished his most earnest wishes. The meeting then broke up, all appearing delighted with the prosperous condition of the institution. EAST held hNe yesterday,p i chairA lf w a o s a u t s E A quarterly general Court. of Proprietors of East the last Court having been read by m.p.,the chairman their houosfe, thein taken at twelve his duty to lay before the IndiaLboe arr a r d hd e e n S o h mf t i l i : r s et t ec r l st ele a or t s fs . an account of the amount of su perannuations granted since the last meeting ; and also letters which bad been o'clocktph r e o T p h r e i e Cb t proprietors, Secretary,slS, CHAIRM AN compliance a di n oig e t e g was' with the Act of parliament, received by the Secretary, from the Governor - General, Lord Hardinge, and from Lord Gough, in acknowledgement of the resolutions passed by the Court of proprietors for rewarding the services of those distinguished individuals. The first was from Lord liardinge, and was dated Sinde, July 10, 1846. It was addressed to the secretary, and acknowledged the receipt of a letter from that officer, containing the resolutions ; and further expres:.ed the gratitude of the Noble Lord for the liberal mark which the proprietors had given of their approval of his exertions in respect to the Seikh war. The second letter was addressed from Lord Gough to Lord Harclinge, dated Sinde, July 17th, 1516, and acknowledging a simil a r communication of the proceedings of the Court of Proprietors, requested Lord Hardinge, as Governor- General, to convey the noble writer's thanks to the directors. There was another letter from Lord liardinge, dated Simla, July 21st, 1846, enclosing the latter. The CHAIRMAN then stated -that- he had received a letter from Mr. D. Salomons, postponing to the next, quarterly court the motion of which that Hon. Pro prietor had:given notice on the subject of the native army. The CHAIRMAN having declared the regular business of the Court at an end, Mr. GORDON brought forward a motion, to the effect that the minutes of the l i ttst court should be printed and disseminated amongst the proprietors. He complained that the proprietors were not allowed to have anything like an adequate knowledge of the proceedings of the directors and the Government, or of the financial affairs of the Company and its territory. The motion was not seconded, and fell to the ground. The same Hort. PROPRIETOR gave notice that, at the next quarterly court, he would call the attention of the proprietors to the circumstances under which he (Mr. Gordon) had been last week arrested, and dragged like a felon through the streets to the Mansion-house, by order of the Chairman. Sir J. W. HOGG said that he should take care that the Hon. Proprietor's notice should be laid before the next Court. After some immaterial conversation the Court ad. journed. LONDON, BRIGHTON, and SOUTH COAST RAILWAY. A special goneral meeting of the proprietors of the London, Brighton, and South Coast Railway, was held yesterday, at the London-bridge-station, for con firming the agreement of peace come to with the South- Western Company, and authorising the directors to apply for certain lines, branches, and extensions in the ensuing session of Parliament. Mr. Charles Pascoe Grenfell, chairman of the board of directors, in the chair. The CHAIRMAN having opened the business of the meeting, said, the first scheme was for lines of railway to Tunbridge. Maidstone, and Canterbury, to be called the Kent Railway. There was another scheme for ex tending the present line to London-bridge, and, jointly with the South-Eastern Railway to enlarge the London bridge station. The third Bill would be for autho rising a joint amalgamation of the Direct London and Portsmouth Railway with this company, and also to enable the South-Western Com pany to participate in the part of the Direct Portsmouth Railway lying between Dorking and Ports mouth. The fifth Bill was to enable this company and the South-Western Railway Company to purchase, jointly, part of the Chichester and Portsmouth Exten sion of the Brighton and Chester Railway, situate be tween Havant or Cosham, and Portsmouth. The capital for the Kent Railway, it was proposed, should be 1,900,0001., and raised in stock to be called Kent Stock, the holders of which should participate only in the profits arising from such railway, one moiety of stock, in shares of 20L each, to bo offered to the Kent Atmospheric Company. Another Bill would give them power to increase the capital, if it were necessary, of the Kent Railway. Those were the schemes the Brighton Company would submit to Parliament next session if the proprietors desired. The policy of the company might Lie comprised in the simple word "Peace." Struggles had hitherto been going on between this company and its neighbours, which had always resulted in disappointment and loss, and therefore the directors had determined to protect themselves (Parliament taking good care, by restricting tolls, to protect the public) by effecting amicable ar rangements with other companies. They were at peace with the South-Western Company, and they might confi dently expect good results would arise from the agree ment which had been come to with that company. He wished he could say as much with regard lo the South- Eastern Company ; but, although they had made over tures to the South-Eastern Board, they had been met with so little show of friendship on their part that terms of peace could not be come to with them. Still they were prepared to hold out to the South- Eastern Company the olive-branch ' - but if they insisted, the meeting might dep e nd upon it the fight would be conducted, on their - parts, so as to inflict as little injury on their proprietory and the public as possible. He concluded by moving a resolution approv ing of the schemes he had already specified. Mr. L. LEVY depricated in the! strongest terms any show of fight whatever.—(Hear, hear.) He would recom mended that further attempts should be made to nego tiate a peace with the South-Eastern Company. The CHAIRMAN said they were quite ready to shake bands with the South Eastern Company, but they could not do so and be cudgelled at the same time. Mr. NPLAIIREN said the South-Eastern Company was perfectly justified in the policy they were pursuing. He objected to having another fight with the South-East ern Company. How could they expect that company to be at peace with them while they were promoting parallel lines to the South-Eastern's ? The CHAIRMAN said the lines the Hon. Gentleman had alluded to had been called into existence by the attempts of the South-Eastern Company to extract 20,0001. worth of traffic from their main line. Mr. SMITH said the only way to bring about peace was to give the directors the power they asked for. Mr. LEVY moved an amendment, for the purpose of recording the objection of the proprietors to fight the Parliamentary contentions between neighbouring com panies. Mr. WISHAW seconded the amendment. Mr. SCHEWSTER, a director, said they had invited a conference with the South-Eastern Company, which subsequently took place ; and at that conference the Brighton deputation stated that all they wanted was to maintain their own existing lines from further attack, but the South-Eastern Company refused to give such undertaking unless the Brighton Company would con sent to their making another line to Croydon, which of course they could not give, and therefore the negotiation fell through. Mr. CASH suggested that the matters in difference be tween the two companies should be referred to the arbi tration of some disinterested person. Mr. BROGDEN said Mr. Schewster had only told half the story. The Brighton Company required that the South-Eastern Company should pay the same toll as they did at present, notwithstanding they might get their Mid-Kent line, and in addition to that, it was re quired of them to give up the Tunbridge and Hastings Railway. The amendment was then withdrawn, and the original resolutions put from the chair, and carried with only three dissentients. A vote of thanks was then passed to the Chairman, and the meeting terminated. RAILWAY INTELLIGENCE. BIRMINGHAM, TUESDAY.—SOUTH STAFFORDSHIRE JUNCTION CONTRACTS.—COntraCts for rails for a portion of this company's line were taken to-day at prices that indicate another advance on the price of iron. BIRMINGHAM, WOLVERHAMPTON, AND DUDLEY.— The Directors of this company held a meeting at their offices at Birmingham yesterday, for the purpose of re ceiving contracts for the works on that portion of the line between Birmingham and Great Bridge, the dis tance being a little more than six miles. The number of estimates sent in was thirteen ; the one accepted was from Messrs. Hood, Hill, and Hill, of Ramsay, Hants, it being considerably under the parliamentary estimates. The works are to be completed within eighteen months, and it is understood to be the purpose of this company and of the Birmingham and Oxford Junction to expedite matters so far that the whole line from Fenny Compton to Wolverhampton shall bo opened in two years. BIRMINGHAM AND OXFORD JUNCTION.—The certifi cates of the shares in this company were issued at Bir mingham yesterday, and with the view to convenience shareholders, they were supplied to the brokers in all the large towns. The EASTERN COUNTIES and the GREAT NORTHERN are about conjointly to erect two immense docks at Wis • bech, in connexion with their lines there. One of the docks will cover an area of thirteen acres. DISCHARGE OF MASONS ON THE CORK AND BANDON. —On Tuesday last between sixty and seventy masons were, by directions of the company's engineer, discharged from the work between Innishannon and Bandon, many of them being from remote districts of the country, and who must by this step be subjected to sufferings and pri vations too obvious to need being mentioned. We are also in a position to state that, in consequence of this proceeding on the part of the company, the contractor will be compelled to discharge this evening two hundred poor people, employed on labour work collateral with the masonry, who have for some time past drawn their only means of subsistence from the extensive employ ment afforded on the line. We are requested to correct a report which appears in a contemporary stating that over sixty masons had been discharged from the work at Innishannon, and that no expectation of re-engage ment had been given them—the fact being that arrange ments were contemplated for affording increased employ ment on the earth-works adjacent—which resulted in the "temporary" removal of a much less number of masons than above stated ; and we are credibly informed that the number of men, including masons, will be consider ably augmented on the works near Bandon, in the .curse of next week. The same paragraph states that the com pany cannot avail themselves of the sessional grants lately made in favour of the railway, in consequence of the non-possession of the land in the two baronies for e land ofthoef required t in the other, and would b e in p ossession of t h e remain der which the presentments w ere made. Such is not the fact, andin actualthree. posse ssion three-fourths , der before the grant cou ld be fiated b y the Trea sury ; but we understand that this com p an y , as well as the o ther railway companies, decline accepting the amounts cthe required i n company one bar b e e n in y g , voted, in consequence of the very stringent conditions insisted on by the Board of Works, which almost totally prohibit railway companies from availing themselves of the Treasury minute on this subject. —Cork Consti- Olen. The remains of Lieutenant-General Richard Col eton Dickinson, late Colonel-Commandant of the 2d Battalion of Royal Artillery, were on Tuesday consigned to their final resting-place, in the catacombs at Kensal green Cemetery. The funeral was strictly private, none but the Generas family being present. PaiCE or GOLD.—The premium on gold 'at Paris i s 15 per mille, which, at the English Mint price of 31. 17s. 100. per ounce for standard gold, gives an exchange of 25 52 ; and the exchange at Paris on London at short being 25 52k, it follows that gold is 0.02 per cent. dearer in London than in Paris. By advices from Hamburgh the price of gold is 4301 per mark, which, attho English Mint price of 3L 17s. 10d. per ounce for standard gold, gives an exchange of 13 74; and the exchange at Hamburgh on London at short being 13 7*, it follows that gold is 0.29 per cent. dearer in Hamburgh than in London. The course of ex ' change at New York on London is 1061 per cent., and the par of exchange between England and America being 109 23-40 per cent., it follov, s that the exchange is 0.33 per cent. against England But the quoted exchange at New York being for bills at 60 days' sight, the interest must be deducted from the aboYe difference. SPORTING INTELLIGENCE. BETTING AT MANCHESTER.—TIIESDAY. CHESTER Cur.-50 to 1 agst Crim. Con. (t), 50 to 1 agst Erin-go-bragh, 1,000 to 15 agst L'Hirondelle colt (taken), 1,000 to 15 aget Burgundy, 1,000 to 15 agst Mickey Free, 1,000 to 15 agst Fitz-Allen. DERBY.-8 to 1 agst Van Tromp, 15 to I agst Epirote, 18 to 1 apt Planet, 25 to 1 apt Glentilt, 28 to 1 agst the Sister to Cobweb colt, 33 to 1 agst Lunedale, 40 to 1 apt Johnny Armstrong (taken), 40 to 1 agst Mks Martin colt (taken), 40 to 1 agst Red Hart (taken), 40 to 1 agst Horn of Chase (taken), 6 to 1 agst John Day's lot. The Leamington Steeple Chases are postponed until the latter end of January or the beginning of February; the stakes to be re-opened. MONUMENT TO THE MEMORY OF THE LATE THOMAS CLARKSON. Yesterday (Monday) a meeting took place at the Shire Hall, Woodbridge, to take into consideration the pro priety of erecting a monument to the memory of the late Thomas Clarkson, Esq., in Playford Church. The fol lowing gentlemen were present :—R. N. Shawe, Esq. ; Messrs. Thomas, Jenny. Biddell, Meadows, Wood, Gur don, Piper, Francis ; Revs. Moore, West, Webster, Taylor, &c.__ ROBERT NEWTON SHAW; Esq., as chairman, stated the object of the meeting, and said that he had received communications from upwards of seventy individuals, who were anxious to promote the object in view. He could not read the whole of them to the meet ing, but he should not do justice to Mr. Arcedeckne, without stating that that gentleman had said he should feel great p leasure in contributing, altho ug h his property had been greatly depreciated by the exertions of the illustrious individual alluded to. One communication had suggested that a monument should be erected on the Market Hill, Woodbridge. Various plans had been proposed; amongst them the re storation of the church and chancel at Playford, a new east window, and 1 suitable monument inside. He would leave it to the gentlemen *sent to determine what was the best plan to propose, and would be glad to co-operate in any that met the approbation of the majority. The Rev. EDWARD MOORE said that he had communi cated with the bishop of the diocese, and had received a reply from Archdeacon Ormrod, who highly approved of renovating the church, and would be happy to contri bute towards it ; but he (Mr. Moore) was aware that there were many ardent admirers of the celebrated phi lanthropist, particularly in the Society of Friends, who would object to cosntributing towards the renovation of the church ; he would, therefore, propose that subscrip tions should be received for either the restoration of the church and chancel, or for the monument, or for both. The Rev. H. TAYLOR was opposed to , this plan, as the chancel was the property of the Earl of Bristol, and it was unnecessary to put money into that noble man's pocket. _ Mr. 11 RTHIIR BIDDELL also objected, on the ground that there were persons who were bound to keep the church in repair, and that they were able and willing to do so ; and besides this, he observed there would be no security that the alterations and improvements would continue. The successors of the present officers might re-alter and do away with whatever improvements were about to be made. He wished to see a monument erected that no one would have power to remove, quite independent of the church, and unconnected with it—not having in view the saving of the pockets of the parishioners of Play ford. The Rev. T. D. WEST said that neither the chancel nor the church were worthy, in their present state, to receive a monument such as it was desirable to erect to the memory of the deceased. They should both be re paired; and then, he thought, the church would be the proper place for the monument, as it would be open to all. The Rev. WEBSTER differed from the last speaker, As the church would not be accessible at all times, there would be the trouble of obtaining the key, and fees would have to be paid. The Rev. T. D. WEST said the same objections might be made to St.. Paul's, and Westminster Abbey. The Rev. H. Taylor hoped the gentlemen would pause before they carried Mr. Moore's proposition, as he considered that a place of worship was the last place in the world in which monuments should be erected, as they distracted the atten tion of the worshippers. But in this case the objection was stronger than in most cases, as Thomas Clarkson was a representative of the whole mass of man kind—he belonged to no country, snd tolno one sect of religion. He fell in with the proposition of Mr. Bidden, that the monument should be erected outside the church, open to all. The Rev. WEBSTRR proposed, as an amendment to Mr. Moore's proposition, that a monument be erected outside the church. This was seconded by Mr. Taylor, and when put to the vote, was carried by a large majority. It was then proposed and carried, that a committee be formed to carry out the proposition, and that subscrip tions be received at Messrs. Alexander's banks, at Ips wich and Woodbridge. _ _ Although it is understood that Lord Brimighain will propose that a national monument be placed in West minster Abbey, in commemoration of the venerable philanthropist, yet we should consider our locality disgraced did it not do something to mark the spot where the sacred remains of Thomas Clarkson are de posited.—lpswich Express. KINGDOM OF MOSQUITIA. The following Minutes of the Council of =State of Mosquitia, dated Sept. 10, 1846, have been banded to us for publication : In pursuance of letters under the royal sign Dianna], convoking a general meeting to be held this day, the authorities .of this town of Pearl Kay Lagoon, and various rivers to the northward, assembled in the Courthouse. . _ _ The grenadier and light companies of the Royal Blue fields Militia took their station in Bidwell-street, as a guard of honour to receive the King in his progress to and from the Court-house. At twelve o'clock his Majesty issued from the British residency, accompanied on the right and left by her Britannic Majesty's representative and the senior ma • gistrate of Bluefields, the second magistrate bearing the crown, and the treasurer carrying his purse of office. The' King being seated on the throne, and wearing his crown, read the following speech :-- " Chiefs, Magistrates, and Officers,—lt has been deemed necessary to call you together, to announce to you the steps that are about to be taken for reorganizing the internal government of my kingdom. 6 . A commission was formed by my late father, in 1840, consisting of gentlemen all favourable to the in terests of this country. " A testamentary deed was about the same time exe • cuted, by which my late father nominated and appointed the gentlemen comprising the said commission to be Re gents of this kingdom and guardians of his family during the minority of his successor. " The said testamentary deed has been found to be informal, inasmuch as it does not contain the date of the commission to which it refers, nor does it embrace the names of the commissioners. " "Under these circumstances, to provide for the diffi culties and responsibilities which the gentlemen of the said commission would have to encounter if the duty devolved upon them of taking rigorous but just steps for the settlement of various matters rektive to property, and to obviate the inconvenience which has been found to arise from the absence of a supreme local government in this country, it has been determined by me, by the advice of my legitimate advisers, and with the approba tion of the principal inhabitants, to establish a council of state for the general government of my kingdom. My commission, appointing the council of state, will be im mediately read to you. _ _ " I trust, with the blessing of Almighty God, the continued assistance of her Britannic Majesty's Govern ment, and your faithful and loyal cooperation, this country may soon acquire a respectable rank among nations, and that peace and happiness, religion, and vir tue, may be established among us for all generations." On concluding his speech, his Majesty directed the clerk of the courts to read the royal commission consti tuting the council of state. The royal commission having been read, his Majesty directed the clerk of the courts to notify that the mem bers of the council of state were to meet on the follow ing day, at twelve o'clock at noon, in the Court-house; which notification the clerk of the courts made as fol lows: " It is his Majesty's command that the members of the council of state named in the royal commission just read meet in this hall to-morrow, at twelve o'clock at noon, to take their oaths of office, and to proceed with the business of the country. " God save the King." His Majesty then left the Court-house, attended as before-mentioned. Friday, Sept 11, 1846. Present,—His Majesty the King,—Councillors, George Hodgson, sen., Alexander Hodgson, William Halstead Ingram, James Porter, John Dixon, and James Green. The following oath was administered:— " Mosquitia. We, George Hodgson, Alexander Hodgson, William Halstead Ingram, James Porter, John Dixon, and James Green, members of the council of state, do solemnly and sincerely swear upon the Holy Evangelists of Almighty God, that we will, as far as in our power lies, well and truly execute the duties of Councillors of State to his Majesty King George, and that we will impartially administer justice to all his Majesty's subjects, and others whom it may concern; that we will not conceal anything that we lay learn or hear prejudicial to the King's person, crown, or dignity, and that we will not reveal any matter or thing which the King, with the concurrence of the majority of the Council, may desire to keep secret, all in conformity to the royal commission, bearing date the 10th day of September, 1846, granted by his Majesty. " So help us God. G. HorocsoN. " A. HODGSON. " W. H. INGRAM. " J. PORTER. " J. DIXON. "J. GREEN. " Sworn before the King in Council, this 11th day of September, 1846. " D. KILPATRICK, Clerk of the Council." On the oaths being taken, the members took their seats at the board accordingly. Tho minutes of yesterday's general meeting were read, approved of, and ordered to be signed by the act ing clerk of the council. The council then entered into a discussion on the sub jects of land, militia, and municipal regulations, which resulted in Councillor George Hodgson undertaking to draw up a Bill relative to land, Councillor Alexander Hodson a Bill relative to the militia, and Councillor William H. Ingram a Bill relative to municipal regu lations. In order to give the above-named Councillors time to prepare their Bills, the council of state ad journed until twelve o'clock on Friday, the 18th of the present month. DAVID KILPATRICK, Acting Clerk of the Cond. OUTLINE of a PLAN for IMPROV ING the FISHERIES of GREAT BRITAIN and IRELAND. By John Jagoe, Esq. The fisheries attracting public attention, particularly as a means of improving the condition of Ireland, the following plan is proposed to effect such a desirable ob ject. Since 1830, when the functions of the Government Board for superintending and encenraging Irish fisheries ceased, efforts have been made by private individuals to establish fisheries, which were unsuccessful principally from the difficulty of procuring men capable of using improved boats and nets. This occurred in the case of the Derry Company, which sent to Killibegs boats pur chased in Scotland ; similar attempts were made on the coast of Galway, which failed from the same cause. Hence it is evident that boats and fishing gear in them selves will be round ineffectual until men are trained to the use of those of an improved structure. It is not ne cessary to enter at any great length into the advantages of industrial education ; those acquainted with Ireland must admit that it would be far more desirable to teach the boy to enable him in after life to earn a subsistence than book education alone, which, in too many instances, makes him discontented with his situation in life, parti cularly when he finds that the mere book•educated ex ceed the demand for that class to which he belongs. Industrial education is much encouraged in Central Europe, where instruction is supplied to fit the pupil for the trade or profession in which he is to be employed. At Amsterdam schools are established for fishery and maritime instruction, which hare materially assisted in raising the Dutch fisheries to a high state of perfection. The Russian Government give great attention to every foreign manufacturing invention, and encourage its in troduction to the utmost possible extent. Dr. Taylor says, " I have always regarded, as very little short of a national calamity, the almost total want of the means for a mercantile and commercial education in this country. It is sufficiently obviuus that any great revolution in the business of active life, any larger or more varied demand on the intellectual powers, must call for a wider exten sion of the cycle at school instruction, and a change in the system of preparatory training proportioned to the change in the objects in which the trained minds will have to be exercised. In every branch of industry the head that plans Lecomes daily of more importance than th e h an d t h at executes. In plain truth, the manufacturing youth of the higher and middle classes are not trained for the order to which they must eventually belong." The report if the Com mittee of the House of Commons en arts cud manufac tures, presented in the year 1636, states, Yet to us, a peculiarly manufacturing nation, the connes .un betwt en art and manufacture is in at important. and for this merely economical reason (were there no tah, r motive), it equally imports to encourage art in its hotter attri butes, since it is admitted that the rulti.ation of the most exalted branches of design tends t.. 1 advance the humblest pursuits of industrj, whale the connexion of art with manufacture has often devel. , ped the genius of the greatest masters in design." Mr. A! , ,rrison, M.P., observes, in his evidence bef:,re the Committee, "It is a very extraordinary cireunistanc, that, while in small states, where there are scarcely cry manu facturers, one hears of scho, Is of design, yet in this country, the head of the manufactures 4f he world, and where it would be of the utmost importance, we have nothing of this kind." It :s strange, indeed, that a great maritime country like England, where it would be of so much importance to have trained fisher men and seamen, that their education is totally ne glected. Science is unceasingly applied in the construc tion of vessels to improve their sea-going and sailing qualities, yet when constructed, the difficulty of pro curing seamen presents itself, who are taken on board without any known qualification, except a medical cer tificate of health. As the benefit of agricultural schools is admitted, bow much more essential would be the es tablishment of schools where the varied modes of fishing would be taught, the complicated implements for the capture of fish constructed, and science brought to assist art? To effect a permanent improvement in fisheries, it is essential that schools should be established to prac tically instruct boys in every branch connected with them, where they would receive an education to fit them for fishermen or merchant seamen. In these schools nets and lines should be prepared, maritime and fishery improvements explained, the use of the chart and com pass taught, as well as of inventions for assisting vessels in distress, and saving the lives of seamen. To each of the proposed schools there should be at tached a deep-sea fishing vessel properly equipped for the line and net. fishery, and two row-boats for in -shore fishing and training. At first the best fishermen should be engaged for the vessels and boats; their services may in a short time be dispensed with, by taking six boys on every fishing voyage, who would soon become suffi ciently trained to manage the boat. Connected with each school there should be a curing house, to teach the process of salting fish for the home and foreign markets. As the establishment of such schools would be of general importance, and though Ireland, from her peculiar cir cumstances, ought to be the first place for carrying out the proposed plan, Great Britain ought not to be ex cludel from the advantages : hence the direction should be in London. Monthly reports of each school should be made, em bracing its condition, the quantity and description of fish taken by the vessels, the bearings where taken, &c. This information bring desirable, not only to show the progress of the establishments, but to afford informa tion to those will° may be inclined to fit out fishing vessels. Large shoals of fish are met with off the Irish coast, when there are none in shore. The fishermen, if aware of the circumstance, cannot reach this mine of wealth, their boats being two small and fragile for such a pur pose. When fish approach the shore for the purpose of depositing their spawn during their short visits, the greater part being unfit for food, they are generally cap- Lured in Ireland. COST OF THE PROPOSED FISHERY ESTABLISHMENT. Twenty-lour dwelling-houses and industrial schools, at 8001. each Twenty-four vessels at 5001. each . Forty-eight row-boats, at 151. each 31,920 To feed and clothe 960 boys, being 40 to each school, per year ... For masters per year 2,400 Half the fish taken would be sufficient to pay the wages of fishermen. The proceeds of the other half should ac cumulate to form a fund, to be applied in purchasing boats for six of the best instructed in each school, which would leave an opening for the admission of the same number of pupils. As this would occur annually, the distribution of boats would soon increase the fishing fleet and the number of pupils. The advantages of the plan proposed would not alone be confined to the instructed, as the model fishery esta blishment would benefit those who may desire to specu late in fisheries, as agricultural schools do the cultivators of land. The shipping interest would also be materially benefited. With the exception of Dublin, there are no pilot-boats in Ireland ; the fishing boats connected with the schools would be an efficient substitute ; a part of their duty may be to render assistance, and supply infor mation to vessels in distress. The next consideration is, how the necessary fund s are to be provided—whether by private subscription or by the State. For the Irish establishments the sum may be advanced out of the Consolidated Fund for building schools, the first vessels, and necessary outfit, which may be repaid in the same manner as the money lent for building Poor-law workhouses. The annual sum for clothing, feeding, and education might be assessed on the counties, or, as the expense of the constabulary is paid Lilt of the Consolidated Fund, there could be no objec tion to pay the amount necessary for the present object in a similar manner. It may be said that this plan con templates only the education and support of future fishermen, which must be admitted ; but it would be un just not to afford some means to the present race, whose ignorance and destitution can scarcely be attributed to themselves ; therefore 20,0001. should be voted to form a loan fund to be lent at the different fishing stations v exclusively to fishermen, so as not to perpetuate . the half n ought ha to l f- s b h e i n a g t sea, and haot scntza . a when cultivate t the e land land requires their labour, which causes the neglect of they ey and bcith. THE COUNT DE MONTEMOLIN.—The Count de Mon tem olin received visits on Tuesday from the following distinguished visitors :—The Marquis of Ailesbury, Lord Wynford, Viscount Canterbury, Captain William Lyon, Count Pietravita, Captain J. F. I3enet, R.N., the Earl of Carnarvon, &e. The Norfolk News states that Mr. Benjamin Smith, in conseque ,ce of the state: of Lis healtii, will not offer himself spite Lr the re of Nurwich. A. NEGRO PRIEST.—N mat:ual, euniposed by the celebrated regoire, for his " children of colour," and which he puuly ihed at his own expense some thirty or forty years since in Paris, was decorated with the portraits of some hall-dozen black saints (of probably his own canonization). The followit g paragraph from the Monitectr Parisien of Sunday, the 13t h in s tant , shows d Mow.s ea . w h o that colour is no objection to ordination , at least in the tihisie this at th e c h urc h Catholic w as ordained sip:a s - - and d A years n ago,e preachg r a ertibsbay cel e b ra t e a o ' Rill solemn grand ma s s of the Petits Tires. Tuis is a subject of great interest to us, and we think it worthy of the attention of the p u blic to see one of those men w h o m the colo nists treat as beasts of the field speak from the Evangelical pulpit even in the centre of the capital of the civilized world." FOREIGN Hors.—The members of the hop trade have been rather excited by the statements tet , road as to the probable competition they will be subjected to under the operation of the now tariff. As right views upon the subject are of importance, we subjoin the following in teresting particulars contains d in a part of a letter dated New York, Nov. 14, and addressed to Messrs. Keeling and Hunt :—" We have exported from this city from September Ist to November Ist. 2,585 bales of hops, averaging say 2251133. to the bale. I should judge tbat about 1,000 of these have been sent to llavre.about 1,000 to the different ports of Germany, and the balance of 585 to England. In addition to this the city of Boston may have sent home 500 bales. We grow in this country a large surplus, say full 10,000 bales, and have consequently still a large surplus to dispose of. The quality, as far as the eye is concerned, of our New Yolk growth of hops, is not as good as usual ; the outer leaf oi the hop is browned by what is termed a rust. This does not affect the intrinsic quality of the hop, but I fear would render it unsaleable in your country. Our eastern hops, how ever, are entirely free from this misfortune ; and al though they are not so strong a hop by full 20 per cent, as our western New York hops, still I am inclined to the opinion that they would sell full us well in England as the stronger article. Prices here range from eight to nine and ten cents. per pound for the best qualities, and I think they will fall still lower. I yetto hope send you a lot this sea son ; h owever, another year, to say the least, we will be enabl e d t o sen d you a l arge quantity."--Maid stone Journal. big Sr" 10 3111