The Sun. — London, England, 1848-07-01 00:00:00

I MOINE Y and COMMERCIAL INL NI S. CITY, QUARTER TO TIM: The Cotton Market at Liverpool yestt rday was quiet. Sales 4,500 to 5,000 bales, and for the week 26,840 bales. Stock, 634,916 bales, against 437,140 bales at this time last year. Railway Shares improved again, and a good business was done at advanced prices. The Bank of England return for the week to the 24th ultimo presents the same features as last week, and we need but refer to the items and the comparison with the previous week, here subjoined. An early further reduc tion of the rate of interest appears now to be almost a certainty. Notes issued 27,536,565 Increase Rest Increase ... Public Deposits 6,600,957 Increase Other Deposits 8,853,600 Decrease Seven Day and other Bills Decrease Government Securities Increase Other Securities Increase Notes Increase Bullion Increase Active circulation Increase Accounts of March 8, from Auckland, New Zealand, state that Governor Grey had just returned from a visit to the settlements at the Bay of Islands, Wellingtcn, Nelson, Akaroa, Wangamir, Otago, and New Ply mouth. The following report of the Manchester Market has been forwarded to us by Messrs. M‘Nair, Greenhow, and Irving:— •' Unnecessary though it may appear, continued allu sion to the existing state of matters on the continent of Europe seems to us to be unavoidable, whilst we recog nise in them the origin of a most destructive influence upon the trade of this district, and believe that in their continuance consists one of the main hindrances to wards progressive amendment. The recent calamitous outbreak in France has, however, had no materially de pressing tendency, as most persons anticipated some such catastrophe. `• Considering all the opposing causes in operation, admitting the dull and inanimate character of the mar ket, but recollecting that June is a month of proverbial inactivity, even in ordinary years, and that the interpo sition of the Whitsuntide holidays materially interfere with and abridge the extent of transactions, we are glad to have it in our power to present you with a more fa vourable report than what you may have been led to expect." Although a difficulty is experienced in getting dis counted any paper not first-rate, the funds are resorted to at advanced prices, and the statement of the Chan cellor of the Exchequer concerning the reductions in the national expenditure, has given a further impetus to prices. Consols have been 84f to 844, or nearly, one per cent. better than they opened yesterday mornitrg►. Exchequer-bills are 375. premium. New Three-and-a- Quarter per Cents. 85* to *. There has been an active business in Foreign Stocks. Spanish Five per Cents. have been quoted 114 to 12, and the Three per Cents. 211 to ; Portuguese Three per Cents 154, and Mexican 161 to 17. The advertise ments from the Portuguese Finance Agency respecting the conversion of the bonds, and the cancelment of the hypothecated securities has strengthened the market. Dutch Two-and-a-Half per Cents. have been 42 to 424. Railway Shares are all tending upwards, as the prices below will show. ONE CLOSING PRICES OF BRITISH FUNDS. O'CLOCK. FRCS. 8 per Cent. Reduced Anna-- 84% 85 85 New 3 1 4 per Cent. Arens.... . India Bonds, 1,0004 Consols for Opening 8 1 1,43g% 85 Exchequer Bills. 2 1 ,4 d. , 1,000/. 2d. Ditto Advertised, June ONE CLOSEsu PRICES OF FOREIGN FUNDS. O'CLOCK. PRICES. Danish Bonds. 1825, 3 per Cent 63 1 ,! 63 1 A Equador Bonds Grenada Bonds, 1 per Cent. Daexican, 5 per Cent. 1846 1 6 3 /4 17 Ditto, Account 1 6 3 /4 17 17 1 A Portuguese 5 per Cents...., -• Ditto, 3 per Cent ..... -...... Ditto, Account — Ditto, 4 per Cent — Ditto. Account ..... ... ....- Russian Bonds ..- ..... - ... 93 Spanish 5 per Cent. 1840. Ditto, Account l2 11 3 4 11 3 / 4 Ditto, Passive Ditto 3 Der Cent... Venezuela Bonds, 2 1 A per Cent l4 14% Ditto Deferred Dividends on the above payble in London. Dutch 2% per Cent., 12 Guild 4 2 3/ 42 ad Ditto. 4 Der Cent. Certificates 66% PRICES OF BUSINESS DONE CLOSINu RAILWAY SHARES. PAID. AT ONE O'CLOCK. PRICE, Aberdeen „ 50 ...... .......... 1 94 Amber., Nott., Boston, and Eastern Junction 334-•—• .Ayrshire and Galloway.. 2 1 /. 2 — Belfast & County Down 16 Birmingham and Ox ford Juncticn .... ... 20 Birmingham, Wolver hampton, and Dudley 10 Birming.,Wolverh'pton, and Stour Valley 121. 4s ... ••• Birkenhead, Lancashire, and Cheshire June.... 10 Boston, Starntil & Birm. 5 Bristol and Exeter fif. Ditto, Thirds .... ..... 25 Buckinghamshire... 141. 45. Caledonian ' Ditto, Half :.'"hares 83/ :% 3 4 • Dit to,Clydesdale June 50 Chester and Holyhead... 42% Ditto, Preference l5 ...... Clarence Do. Ist Class, 6 per Ct. 10 Do. 21 Class, 5 per Ct. 10 Do. Government Loan, 4 per Cent. Direct London & Ports mouth Dublin and Belfast June 3O .—..— Dundalk & Enniskillen East Anglia, 251., L. & E. and L. and 25 ...... Do., 18/., E. & H lB Do., 3/. 10s. Easl ern Comities........ 20 ...... 14 1 4% %.. Do. New Guaranteed 6 per Cent........... Ditto,Extension,a per Cent., No. 6/. 13s. 4d.... Dittoditto, No. 2...61. 13s. 4d... • Do. North. & Eastern 50 Do., 5 per cent. • Do. Quarters Do. New 23 ...... Eastern Union, Class A (late E, U. Shares) 25 , Ditto, Clasa A, ditto-. 1 Ditto, Class B (I. & and B.). Ditto, Class C, ditto... 17 1 ,x. •-- , • Do. Scrip (6 percent.) 10 Ditto, ditto Ditto (C. & E.) guar. 5 per cent...-. - East Lancashire - Ditto, New . Ditto, New Quarters 6 1 4 000 .. . Do., 6 per Cent. Pre ference Quarters ... 214 East Lincolnshire Edinburgh and Glasgow 50 --- 44 -... .. ...... 44 Ditto, Half Shares ... 15 .. Ditto, Quarter Shares 12% — Edinburgh and Northern 25 — Ditto, New.. 6 14 — Ditto, Newport Ditto, ditto, New 3%. .... Exeter,Yeovil, & Dorch. 2% • Ditto, New Glasgow, Dumfries, and Carlisle Glasgow,Kilmar.,& Ayr 50 - Ditto, New ... ..... --. 40 Do. Preference Consol. 15 ...... - .... .. . Great Northern Do., London and York 2%...... Great South. and West. (Ireland) Great North of En gland.loo ...... Ditto, New, 401 l5 Ditto, New, 301 Ditto, New,lsl 1 1 1%.. - ........... ..... Great Western 9O ... .. 87 Ditto, 1 ,4 Shares 5O ...... 49 Ditto, IX Shares - ... 15 1 ,x 1 / 2 ..... - .... 15 1 / 4 Ditto, Fifths 2O — Ditto, New 171........ 9 %... - 7 3 4 8 8 Huddersfield and Mauch. 26 Ditto, Thirds Hull and Selby .. ...... 50 ...... 99 98% Ditto, Half Shares ... 25 ...... Ditto, LA Shares Lancaster and Carlisle... 50 ...... Ditto, Thirds Lancashire & Yorkshire 93 Ditto, ditto Ditto, % Shares ...... 43 ... - —% ...... - Do. Quarter Shares... 17% 13...... .... .... . Do. Fifths.... ....... .... 9 Do. Sixteenths 6 14 — ............ .. Do. Thirds(Reg.) l3 -..•— Do. New,Gua. 6 per ct 2% 2 3 ,4 ............... Do. Liverp. and Bury 43 Ditto 1 ,4 (late Hud dersfield and Shetf.) 38 - •• ••..• Do.(Wakefield,Ponte tract, and Goole) ... 50 Do.( W. Riding Union) 6 ........... Do. (Preston &W 3 re) 25 D 0.% Shares (A)... 914 — .... ........... Leeds and Bradford 5O ...... ........ . ..... Leeds, Dewsbury, &c 47%. ..... ............... Do., Half Shares 22 %•••• • • —...— - Do., (blue) Scrip...... 2%...'.. Leeds and Thirak ...... 45 Ditto, New ... 30 - ••• ••• ........ ..... Do., Prefer., 6 per CL 3% — ....... ........ _ Liverpool, Crosby and Southport . 3 1 42 — ... ... —. Liverp., Manchester, and Newcastle Junction... 2% — London & Black wa11...13/. 68.8 d — Do. New, No. 2 61.133.4 d.... Do. Extension ..... ... 22%........• London, Brighton, and South Coast Do. Consol. Eighths. 40 Do. Guarant.s per ct.., 9 Do. Pref. Con. 5 per et. 50 .. ... • Ditto, ditt0...... 1852 50 Ditto, New 51., guar. 6 peir cent. London tuid faresn;ich 121154 4d — . .. .«. ...... THE SUN, LONDON, SATURDAY EVENING, JULY 1, IMO. Ditto, Preference... 18/ I7s 2d... Lon ion and N. Vhstern 100 l2l 122 122 Do. Quarters (L.& B.) 22 . ..... —..— — Ditto, New Ditto, Fifths ..... .. .. 2 ...... Do. 40/.Shares( L. M.) 20 — Do. 101. (M. & B.) A. 7 1 ,4...... Do. 101. (M. & B.) B. 7 1 y...... Do. 101. (M. & B.) C. 1 ... .. Lou!. & S. W , stern Do. New 50/. ... ..... 42 1 ,4.. .. /2 Do. New 40/. . 34 Do. Tenths (Consol.) 50 - Ditto ditto .... .... 40 Ditto. Thirds ...... 11/. 13s. 4d... — / London, Salisbury, and Yeovil ......... ...... 11,4...... Londonderry &Culeraine 27 1 ,4 — ....... ........ Londonderry and Ennis- ~... - killen 25 ...... ••• ..... .• ... Lowestoft (4 per ct.) Ditto (6 per ct.) M an ;hester,Buxton,and Matlock.... Manchester, Sheffield, and Lincolnshire ...100 Do. Quarters (No. 1) 18 Ditto ditto (No. 2)... 25 - Ditto ditto (No. 3) ... 7 1 4 —............— Ditto, New 101. Pref... 10 Ditto, Gt. Grimsby ... 30 Ditto ditto . ........• 9 Ditto ditto Ditto Sheffield and Lincolnshire lO . ... Do., Grimsby Dock... 15 Do. Manchester and Lincoln Union..... 4/. 2s. — Manchest.&Southampt. 2'4 ...... - Midland ... lOO lOl 102 lO2 Do. Consolidated Pref.100 Do., do., 501. Shares... 20 ... .. Do. Itirm., and Derbyloo Do.Consol.Bristol and Birming., 6 per ct.... 100 11714 ll 7l Ditto, Brist. & Glocstr. 38 Ditto, ditto ... .. ...... 14/. 103.... Ditto,Leicest.& Swan nington, 8 per ct.guar.loo Midland Great Western Irish Middlesbro' and Redcar, 6 per cent. guar. Newcastle and Carlisle...100 Do. Quarters 25 Newmarket ........ . .. 20 Do. Extension .........21. 125.... ..... Newport, Abergavenny, and Hereford Newry and Enniskillen 7 Newry, Warrenpomt, and Rostrevor .. 15 Norfolk ... . .- ...100 -.. . — Do. New 20/. Do. Extension 5 p ct. 20 Do. Guaranteed s►,¢pc. 5 Do. do. Waveney Val. 2 Northern Counties Union 4 __ _ . N orth British ........... 25 Do. Half Shares 1 2 1,...... 9% 1 / 1 ............ 9 1 4 Do. Quarters.•• ...... Dp. Extension — Ditto Thirds 4%...... ...... ........ North & South-Western 2 North Staffordshire l 2 l / 2.... 9 3 / 4 %..... ...... 10 North Wales North Western. 7 l/, - Oxford, Worcester, and Wolverhampton..... 45 ... .. ........ — Reading, Guildford, and Reigate 7% Royston and Hitchin ... 1% — -- ..... .. .. Scottish Central - ... ..... .. 24% Scottish Midland 25 Ditto, New 12% — ........ ... .. Sheffield, Rotherham, and Goole (Nor. Div.) 7% Do. do. (Sou. Div.) 4 ...... - Shrewsbury and Birm... 8 Ditto ditto, Class B. 5 Shrewsbury and Herefd. 2 ...... 6hrewsbury & Chester (Nor. y, Min.) l6 - — Ditto Halves ... ditto 8 — ...... ........ Ditto Oswestry ...... 16 Ditto New Do. 8 per Cent. Pref. 8 ...... ... .... Shropshire Union outla Devon.... Do. Preference South Staffordshire 5% - •••••• .. ... •.. ...... • outh Eastern Do., No. 1 24 Do., N 0.2. Do., No. 3 •.•••.. •••••• ...... - - Do.; No. 4 Thirds ... 8 3 / 4 — ..... ......... . South Wales 23 ...... South Yorkshire, Don caster, and Goole 4 — Swans. & Loughor &Ca meron's Stm. C0a1.... 6 Taw Vale Extension ... 6 Thames Haven Dock and Railway 17%...••• - Vale of Neath ... .. 4 ... ... Waterford and Kilkenny 15 1 / 2 .,.... .. — Waterford and Limerick 42% Waterfd,Wxfrd,Wicklw, and Dublm - Wear Valley 6 per Cent. Guaranteed Do. do. do. ... 25 Do. do. do. ... 7 3 / 4 West Corn wall hitehaven & Furness 11 Windsor, Staines, and South Western........ 9% • ..... W ilts, Somerset, & W ey- mouth 35 York, Newcabtle, and 8erwick........ Do. Original New and Berwick ...... Do. Extensioß No. 1. 15 Do. do. o. 2. ..... 10 7 Do. G.N.E.Preference 8 ...... 9ex int 9 ex.i. York and IN oi th Illidlr nd 50 Ditto, Preference ...... 10 D , .Eam and West !titl ing Extension FOREIGN RAILWAYS. Boulogne and Amiens... 20 Central of France (Or leans and Vierzon) ... 16 Ceylonss._ Demerara .. 12% 00000 4 Direct Bombay and _ . Madras se. . ... Dutch Rhenish ..... .... 7% .. ..... East Indian ...... Great Indian Peninsular 5 s - - Italian and Austrian.... 4 Louvain Ila Sambre ... 7% _ Luxembourg Xi Madrid and Valentia... 2 ...... Namur and Liege lB ... .. ........ ..... Northern of France 10: 4% ... 43/ Orleans and Bordeaux 6 ...... ..... ... Over Yssel 418 s 4d...... Paris and Lyons ll ..... • Paris and Orleans ...... 20 Paris and Rouen ... Paris and Strasbourg ... 8 ...... —•-• ......•••• Rouen and Havre — 2 O Sambre and Meuse 2O 2 1 / : 2 3 / 4 . 2% Strasbourg and Basle Tours and Nantes 8 Tournay, Jurbise, Lan den, and Hasselt ...... 18 West Flanders 8 34 ..... JOINT STOCK BANKS. Australasia ' 4O British North American 50 Colonial Commercial of London 20 London & Westminster. 20 London Joint Stock lO National Prov. England. 35 Ditto,New ...... .. ..... 10 National of Ireland 2 2 1,x...... ...... ...... ... 19 Provincial of Ireland Ditto New. .. 10 ' •. • 00000 ••• •• •• ••• Union of Australia Ditt0,New.............. 2% . — Union of L0nd0n......... 10 ..- Union of Madrid ...... ... 40 - MINES Australian.. - . - Anglo-Mextcan 100 Asturian Mining Corn... 12 Bolonos Scrip ...... .... --...« British Iron .. . Brazilian Coeaes& Cuiba 30 ...... .-- Do. St. John Del Rey 15 ...... Cobre Copper Galvanized Iron lo Real Del Monte, Unreg. Ditto. New Do. Black Debentures — — ___ Do. Red Ditto ... United Mexican 28% ...... 3% 3% LLOYD'S SHIPPING—(THIS DAY.) LONDON, JULY I.—Wind W.N.W., light breeze, and dull hazy weather. LIVERPOOL, JUNE 29.—Wind W.N.W.—Arrd. Wash ington Irving, Caldwell, Boston. 30. Ben Nevis, Turner, Mobile ; Ivanhoe, Edwards, New York ; Montreal, M'Master, Montreal Sid. Boston, Pratt, —. Off port, 30. Georgina, Calcutta; Ann Armstrong, Bombay ; London, ditto; Carnatie, ditto; Cartaretta, MUMBLES, JUNE 30.—Arrd. Dorothy Gales, Cuba. NEWPORT, JUNE 28.—Arrd. Favourite, Balt imore. OFF PLYMOUTH, JUNE 30.—Cecilia, Port Philip. TORBAY, JUNE 30.—Arrd. Margaret, Quebec. OFF PORTLAND, JUNE 30.—Jane, Reeves, Cape of Good Hope; Bootonian, Havannah. COWES, JUNE 30.—Arrd. Baltic, Allen, Barbadoes; Newton, Sears, Barbadoes. OFF DOVER, JUNE 29.—Anna Maria, Ceylon. SHEERNESS, JUNE 29.—Arrd. Galooge Delecis, Hen drichsen, Havannah. DEAL, JUNE 30.—Wind W. to W.S.W.—Arrd. Nar wahl, Baker, South Seas. Arrd. from the River, James T. Foord, Elliot, South America. WEXFORD, JUNE 29.—A vessel, apparently a steamer, is fast on the rocks to the south of Tacker, and appears to lie badly; the morning was thick and hazy. LEITH, JUNE 29.—Arrd. Marie, Gillespie, Granada. WARRENPOINT, JUNE 29.—Arrd. Challenge, Crosbie, St. John's, New Bt unswick. BELFAST, JUNE 28.—Arrd. James Hunt, Simmon, Antigua; 29th, Tom Bowline, Brodie, Quebec. DUBLIN, JUNE 29.—Fanny, Prince Edward's Island. ' The total amount of railway calls due during July is nearly four millions sterling, or about one million and a half in excess of the amount called for during the month just expired, and is greater than any previous amount demanded this year, except in January last, when the total instalments required to be paid up was nearly five millions sterling. Compared with the amount called for in July, 1847, the present sum exhibits a de crease of nearly one million and a half sterling. The total amount of capital demanded on railway calls to the end of July in the present year is 22,437,9311., against 27 ,394,2201, to corresponding period of 1847, being a decreabe of 4,956,292/. PROVIDENT CLERKS' MUTUAL BENEFIT ASSOCIATION. A special meeting of the members of this flourishing society was held last evening, at 6 o'clock, at the Lor,do❑ Tavern, at the instance of the directors, in order to enable them to state the amount of profits to which the respec tive assurers are entitled. Among those present were R. 11. Jones, Esq., Chair man; J. W. Welsh, Esq., Deputy Chairman; W. Ratray, Esq., Consulting Actuary; W. J. Jordan, Esq.; E. Price, Esq.; W. S. Sawtell, Esq.; S. Nutley, Esq ; J. J. Iselin, Esq.; S. Jepps, Esq.; G. Thomas, Esq. Mr. R. IL JONES (the Chairman of the Board of Management) occupied the chair. He said—Gentlemen, it may be in the recollection of all, or at least of most of you present, that at the last annual meeting, held on the 17th of January, we announced our intention of call ing a meeting at an early period, for the purpose of di - claring a division of profits for the last seven years, having previously to that announcement placed in the hands of the actuaries the data whereby they might make the necessary calculations. In accordance with that ice. timation we have caused you to meet here to day; and I can assure you it gives me the greatest pleasure and eatisfsciion to see su many pie sent, though I must con fess I would rather have seen a larger attendance. S it is gratity iug that so many have attended on this in. teresting occasion. It has been a source of the utmost gratification to the directors to have received at your hands, on every occasion on which they have met you, your cordial approbation of our conduct; but when you have been made acquainted with the contents of the re port, which wilt be read to you in a few minutes, I think you will entertain, if possible, increased col, fidence in us, for we have, as I have said, to lay before you a satisfactory account of the progress of the institution; however, teat is for you to judge hereafter. I repeat, that to my mind this is a most in teresting occasion, perhaps the most satisfactory occa sion on which we have ever assembled, but I think, and I have no doubt you will agree with me, that I may go further, and say that we have met on an occasion which truly deserves to be characterised as triumphant.— (Cheers.) I think it is a triumph over that prejudice, apathy, and indifference which beset the institution in its early days—a triumph of honest endeavour on the part of the managers to promote its prosperity. — (Cheers.) The triumph is one of principle over preju dice; in short, to my mind, the results of the working of the institution, which we are about to lay before you with the moat unfeigned pleasure, is satisfactory in the extreme.—(Cheers.) I hope you will bear with me whilst I enter briefly into a detail of the operations of the society in order to put you in posses sion of matters necessary fur you to know on an occasion like this. This association was established, as you are aware, seven years ago—seven years and six months reckoning up to the time we have met; but the seventh year of its establishment terminated on the 31st of Decem ber last, during which time we have had to contend with many difficulties, but confident of the ultimate success of the institution, we never saw occasion to despair. The gradual increase in the number of policies issued from year to year created confidence in our minds that the time was not far distant when we should meet our re ward in the increased prosperity of the institution, and be thereby enabled to encounter difficulties and disadvantages which, had it been otherwise, we should have sunk under. You will, I am sure, excuse me if I read you a brief account of the progress of the institu tion since its commencement, for I am anxious on an occasion like this to record it.—(Cheers.) In 1841 we issued 73 policies for 14,3501., at which time our annual income was only 498/., and our stock but 4501. ; in 1842 we issued 61 policies for 9,2501., our stock was 5501., and our income 7141. ; 1843, 123 for 16,9001., stock 1,1001., income 1,296/. ; 1844, 110 for 15,9001., stock 1,700/., in come 1,7661. ; 1845, 211 for 33,5201., stock 1,500/., in come 2,63sl.—(Cheers)-1846, 374 for 89,200 i., stock 2,7001., income 4,B4ll.—(Cheers)-1847, 417 for 84,450/., stock 2,500/., income 7,368/.—(Cheers)—and up to the present time we have issued 201 policies for 40,786/, our stock amounts to 13,000/., and our income to B,so3l.—(Much cheering.) Altogether, we have issued 1,570 policies for an aggregate amount of 284,356/. This statement bears me out in the observation I have made that this society has gradually progressed, which is far more satisfactory than rapid progress, be cause I apprehend when an institution becomes succes ful at once its managers are apt to get indifferent; we have had to Make our way, and that gradual improve ment which took place from year to year encouraged us to renewed exertions—(blear, near)—and when the result of this day's proceedings goes forth to the world, I have no doubt that the confidence of the members and the public in the managers will be augmented, it; indeed, it be not impossible to repose in us a greater amount of confidence than that with which we have been already honoured. lam aware that objections have been raised to some of the principles of the institution, and I have had individually to combat with them. It is said by some that the institution does not do all the good of which it is susceptible; in reply to which I would say, that every one who joined the association did so with the rules before him, and therefore if he became a member under a misconception as to the objects of the institution, the fault lies with him and not with us.—(Elear.) I maintain that the institution does all the good that it can do.—(Hear.) Both branches are now firmly established ; we have, I may say, the most unbounded confidence of the members, and the association is capable of bestowing upon its members greater advanta g es than arc to be met with in any other institution.—(Hear.) I will show you what it has done, from which you will be enabled to judge what it can do for the future. When the assurance department was established, the managers and other friends of the institution, in order to testily that the association was in a position to defray any liability that it might contract, entered into a guarantee for 5,000/. fur that purpose; but it has been a dead letter: it has never been found necessary to fall back upon the fund even tor the smallest amount; and in April last it expired, and the present position of the institution ren ders its renewal wholly unnecessary .—(Cheers ) Since the establishment of the institution there have been 20 deaths, on account of which claims to the amount of 3,900/. have been paid. Now that is nearly 2001. for each individual; and just imagine for a moment the vast good this aid must have conferred upon the families among whom it was spread.—(Cheers.) I would espe cially urge upon clerks and others throughout the kingdom to avail themselves of the great advantages offered by this institution.—(Hear, hear.) It is the duty of every man who has any one dependent upon him to assure his life, because how many, but for the aid of assurance, would leave their survivors in a helpless state of penury.—(Hear, hear.) Supposing on the average there were four members in each of the families of the members who were thus assured, which is a very moderate calculation, upwards of a hundred individuals have been preserved from want by the life assurance department of the association alone.—(Hear, hear.) Notwithstanding these drawbacks, which are, o t3 f: o c o o o u 4 r_se e , v i i t u ffi c e i r ng, inherent in all similar institutions, we are en abled to present you a satisfactory report, and to tell you that our income has now arrived at something like I think, the stability and fruitful ness of th e i nst i tut i on, an d t h e f a i r prospect o f it s obtain ing greater p rosper i ty t h an h ereto f ore. Wi t h res p ect to the managers, I may be permitted to say that 1 am certain no body of individuals could work harder, or entertain a greater desire to fulfil the trust reposed in them, and I trust they will continue to receive, by an augmentation of members, additional encouragement to continue their labours. We trust we shall receive every possible encouragement that you are enabled to extend towards us. So long as we are thus aided in our labour you may depend upon it that we shall never relax them. I feel on this interesting occasion the greatest satisfac tion at the result of the working of the institution, and I have no doubt similar feelings are entertained by the or i g i na l members of the institution, whom I see around me.—(Hear.) Before I sit down I am anxious to allude to the advantages offered by the benevolent de partment, for the two departments are so indissolubly united, that if one wereta has the away,k e n benevolent theeovtohleernwt ouldbe destroyed.—(Hear.) What depart ment been the means of accomplishing? We have this year granted 53 loans, amounting altogether to 1,054/. Since the commencement of this branch in 1844, 191 loans have been granted, amounting in the whole to 3,7741.—(Hear.) Now I know cases in which this timely aid has been of the most essential service, and many of the parties thus assisted have expressed to me their grate ful thanks for the assistance thus afforded. We have three desks and seven widows receiving permanent an nuities. These are some of the prominent advantages of the institution. I will not detain you by enumerating some of its minor features. The more I know it the more am I convinced that it is the means of conferring the most substantial and lasting good. Some trifling alterations in the rules have taken place ; for instance, the abolition of the entrance lee of half a guinea, and the payment of policies quarterly as well as half-yearly and yearly, which do not affect the principles of the association, which I hope never to see altered, because we have found, from the experience of the working of the insti tution for years, that as the association exists it is calcu lated to do an immense deal of good; it has been well tested. As its members increase the sphere of its useful ness will be extended, and we may gather from the fact that its having done good in a limited degree it is calcu lated to do good in a great degree.—(Hear.) In ac cordance with the rules the affairs of the institution were placed in the hands of two actuaries, Mr. Griffith Davies and Mr. William Ratray, being selected for that pur pose. I think no one can doubt that the choice of the directors was judicious. Mr. Davies, without exception, is one of the most active men to be met with; and the merits of Mr. Betray are well known—he has been con nected with us since the commencement, and knows us as intimately as we know ourselves. Having stated that, Mr. Ratray would be happy to reply to any questions that might arise out of the report. He called upon the Secretary to read that document. Dr. MULLINDER (the Secretary) then read the report, of which the following is a succinct abstract:— " The period having arrived for making the first divi sion of profits on the business transacted by the associa tion, the board of management selected the eminent Griffith Davis, Esq., and their consulting actuary, W. Ratray, Esq., to snake the necessary calculations and investigations, and, in conformitywith Rule 32, furnished these gentlemen with all the requisite data down to the 31st Dec., 1847. "The operations of the association commenced in 1840, the first policy having been issued on the 17th of March, 1841, and, as according to the rule above-men ' tioned, the first division of profits should be declared in 1848, and two-thirds of the profits are to be divided among such members as have been assured five years, the holders of all policies issued up to the 31st of Dec., 1842, will participate in the present division. The board of management having unanimously adopted the by various elaborately ttables), b l e s ), had and carefully d a report of these eminent actuaries (which was read at length the pleasure of informing the members, that after the gth to prepared the meeting, e t and ing illustratedandwas most interests of all the contributors to the association (or assurers), and of all persons having claims thereon in possession or in expectancy, have been fairly dealt with and secured, and appropriating one-third of the profits, or 7111. Gs. 10d. to the benevoli•nt fund of the association, the holders of all policies of five years standing are en titled to a reversionary bonus of one pound per cent. per annum for all the time their policies have been in existence, which bonus is equivalent on the average to about thirty-three per cent. on the premiums paid by them up to the 31st December, 1847. That the board believe that the profits realised by the members of this association will be found to be equal to, if they do not exceed, those of a great majority of life assurance so cieties, and at the next division, which will take place after the 31st December, 1852, it is hoped from the in creased amount of business, and the reduction of ex penses consequent on their being spread over a larger number of policies, a still more satisfactory result will be shown ; that in a few days a circular would be ad dressed to all the members entitled to a bonus, so that each may make his election as to the mode in which he individually wishes to receive his proportion (either an addition to the policy, reduction of premium, or present cash payment). " The report then congratulated the memb , rs on such an encouraging state of affairs, and earnestly called on tilt in to make it known among their friends, and to exercise all their influence in introducin; new members, so that not only may the present high position of the associa tion be maintained but most materially increased and im proved." The re port was much applauded. Mr. IloorEn considered that Rule 32 should be altered, as it operated injuriously to the institution ; it prevented some of the assurers from participating in the profits for nine years, and would cause new assurers to seek other offices which divided their profits oftener ; he would suggest that a special meeting should be called to con eider the matter. The CHAIRMAN said it was always injudicious to alter the rules of a society soon after its establishment. It might have the very contrary effect to that intended, as the public seeing that the rules were altered from time to time, according to the caprice of some of the mem bers (he did not use the term in an offensive sense) would hesitate to join it. In this institution the relatives of an assurer of the class referred to would receive the equivalent value of the policy sooner than in any other office. Perhaps Mr. Ratray would wish to explain this more fully. Mr. RA - TRAY thought the rule a very wholesome one. Some offices—the Equitable, for inktance—divided its profits but once in ten yars. Institutions started with certain rules, and parties joining them did so in accord ance with them. Mr. HOOPER said those whom he had induced to join the institution agreed with him in saying they would get profits tor one or more years at the National Provident, and other offices. Mr. PRICE said a reservation was made for those who did not participate in the profits at present. They should recollect that if they did not divide so much, they kept a better capital in hand to meet contingencies. Mr. RATRAY said the suggestion could be better un deretood at the end of the next five years than at present —then, perhaps, they would be in a position to divide every three years; indeed, he hoped the success of the institution would be such as to enable it to divide every year.—(Hear, hear.) The present assured business did not justify a departure from the rule. If they had an income of 80,0001., instead of 8,0001, he should agree with the suggestion; let them bear in mind that seven years was not a great test of an office, and that they should not alter rules which had been in existence so short a time. Mr. H. SMITH sympathised very much with the obser tions of Mr. Hooper. Ile was in favour of a quinquen nial division, because expense was saved ; when the profits were divided all should come in for their share.— (Hear, hear.) It was a clear injustice to deprive persons who had not been assured five years of any share in the profits. He would, therefore, most cordially second the suggestion of the Hon. Member, and recommend the board of management to take into their consideration the propriety of altering the rule. He wished to know whether there was any doubt in the minds of the ac tuaries as to the construction of that rule ; because it said that the profits were to be divided among all the members, and in a subsequent clause there was a limita tion, with regard to the participation of profits, to those who had been assurers five years. Mr. RATRAY said the observations he had made applied to the periodical distribution of the profits and not to the question, as to who the parties were that were entitled to participate in them. For himself, however, he considered it would be very desirable to admit those who had been more recently assured.—(Hear, hear.) He would not go so far as to say that assurers of only one year's standing should participate in the profits, but the period might prudently be limited to two or three years. Yet, still he was of opinion that five years should elapse before they made any such alteration, for the reason stated in the report, viz., that 1,824/. 10s. 10d. would be required to give a bonus of IL per cent. to those who had assured within the last five years, and to meet that the associati on h a d on ly about 1,0001. in hand, so that they would require about 8001. more to make up the necessar y amount. Ile and Dr. Griffith Davies had m aturely con sidered the subject, and taking into account the superior and very economical manner in which the association had been hitherto managed, they entertained no doubt whatever that a bonus of 1/. per cent. would he received at the tud of the fire years. It would be advisable therefore to wait another five years, by which time the society would be placed on a more firm footing, and they would be better enabled to run the risk of making fresh arrangements. Ever since its establishment the society had 11. , er) gradually gaining in strength and power. In 1845 they issued 1 7S nolicies; in 1846 they issued 333 ; in 1847 they issued 384 ; and no doubt in 1848 the number would be increased to 500 or more —(Cheers.) He concluded by again stating it was his opinion that they should wait five years in order co recover themselves from the drawbacks which always attended the first workings of such a society as theirs. Mr. PITMAN said it appeared to him that it would be possible to give all the assurers up to the present time, or within twelve months of it, a bonus upon their premiums of 11. per cent. In order to benefit the as sured for five years and up war d s , all who had assured at a later period were p u t o ff f o r a period of five years, and a great portion of them, therefore, would not participate in the profits of the association at all. Mr. RATRAY said that arose from the working of the rule, and not from any fault in calculation on the part of the actuaries. Mr. PITMAN trusted, in that case, that the board of management would see the importance of making an alteration in the rule hereafter. It was obvious, if they had to wait five years before all the assurers were brought alike, that parties would go to other offices where they could participate in the profits the first year, and con sequently the society would sustain a great loss. Ile was himself an assured for more than four years, and not being qualified to partake of the present division, would lose much individually. Mr. RATRAY—At the next division you will have nine payments instead of five. Mr. PITMAN—Yes, but it will lie in the bands of the society until then. Mr. RATRAY—The money will not be laying idle, but will be lent out at interest by the society. Mr. PITMAN thought he might be able to lay it out to more advantage himself.—(Laughter.) Theirs was a mutual society for the exclusive benefit of one another, and they ought all to be placed on the same footing. Mr. RATRAY said it was not altogether a mutual office, for if that were the case there was sufficient profit to divide one per cent., but they gave over 7001. to the benevolent fund, and therefore only participated in their contributions to the extent of one-third, the other going to the fund. Mr. PITMAN said he should conclude his observations by asking the Chairman to put the question, whether or not members, from the date of their policy, should parti cipate in the profits? The CHAIRMAN said it was only competent for a mem ber to make a suggestion at that meeting. The object of the directors in calling them together was to make them thoroughly acquainted with every particular con nected with the society, but more especially to know what the feelings and sentiments of the members were upon various matters brought uncle discussion. Mr. HOOPER said if the division was to be made only among those who had been members for five years it would involve the necessity of some waiting nine years ; and besides, if a person died in the intermediate period, there would be no division of profits payable on his policy. If they provided for such a contingency,. he was of opinion that every object would be met. Mr. RATRAT said the object in taki'mg five years was to enable them to make an average of the profits, for in one year there might be a great profit,. and in another a great loss. Mr. inure said, with the permission of the Chair man, he would take the liberty of delivering a few of his sentiments on the subject before the meeting. The vice of the present day, with regard to life assurance, he said, was a greedy anticipation of what the result would be upon a Calculation of the profits over an average of years- In making that obser vation he meant no offence to those g entlemen who de sired the present calculation to be baited upon a nearer approximation than five years, out simicely to show that the real intrinsic value of life assurance heel never been fully appreciated by the public. At the present time life as surance, considering the general intelligence of this glo rious nation, was immensely below pax compared with the population of the country, and the number of those who did insure their lives for the benefit of themselves, their families, their creditors, or for c Idler purposes in telligible to gentlemen engaged in con imercial pursuits, was immensely too small. Con sequently life assurance was now largely on the increase, and he begged to say that they would scarcely, e e:pect to arrive at any great benefit without being liable, in the pursuit of it, to certain imperfection s which were insepa rable from common hum* nity. For instance, the competition among assurance companies, each offer ing greater advantages than tht other, had in a great degree crippled the efforts of yea 'leg companies to esta blish themselves. He made that e few observations in order that gentlemen might not be misled, and take that which was cheap but riot durable. The society had been found to work most satisfactorily, a nd by the appropria tion of a portion of the profits to the benevolent fund, they were enabled to relieve casual . .distress, as well as pay the premiums which became duce at death. It any member could suggest any rule or a le:ration of any rule that would tend to make the syste in upon which the society was managed more perfect And complete, he could assure him that no body of pers tons would be more anxious to effect such an object than the present board of directors. But it was absurd and fallacious to suppose that the casualties attendant upon the lives which were assured in the society could be calculat ed over one year so as to take a correct average. Mr. GOSBELL did not think any men lbe.r would want anything short of a quinquennial divis ion; but at the same time he must say that if a pars oy went to other associations, and assured for one or two years, he was placed on the same footing with respect to the profits as f all the other assurers. He trusted that the board would k take the subject into their consideration, and, if for the benefit of the institution, would adopt the plan pro posed. After a few observations from some other members, Mr. WELCH said he had been an assurer for four years and eleven months, and, consequently, had good reason to complain, if complaint was made at all.— (Laughter.) But his friend Mr. Ratray had satisfied him that it would be much more to the general interest of the association not to make any alteration at that early stage of its career, but to wait quietly and see the working of the division, which was now proposed. He felt satisfied that the early working of the association, producing as it had done a profit of 33 per cent., was so extraordinary and satisfactory, that the anticipations they had formed of its success must be more than rea lised. They were in fact on the high road to prosperity, and nothing but a national calamity, in the shape of general sickness, would check the present source of their success. He begged, in conclusion, to state on his own behalf and on that of his colleagues upon the direc tory, that they would be happy to receive any sugges tion from any member of the association. Mr. JAMES I. SCOTT wished to offer a few observations to the directors and the meeting with respect to the re commendation in the report of the actuaries, that endow ments and assurance effected under table A 2, should not be allowed to participate in the profits. Now it appeared to him, and he was sure many would agree with him, that if a man assured himself in the society at an early age for a certain amount, payable on his attaining a certain age, and continued his payments from year to year, through all those disasters attendant upon all professions, that he was entitled to some share of the profits.—(Hear, hear.) Mr. RATRAY felt the furce of the observations of the Hon. Gentleman, and read the passage of the report referred to, the effect of which was, that the recom mendations were made simply for the adoption of the managers and shareholders. Mr. Scott must be aware that such assurances as those he had referred to were far from profitable to assurance companies. Mr. &OTT was quite aware of the fact. The average duration of life was far beyond the period at which his policy was payable, namely, l a t fifty ; and if a man could be sure that even the amount of the different premiums would be paid on his attaining a given age, or in the meantime, which was most important, he considered that he bad little to complain of—(Cheers)—but he could not under stand why he and otners should be deprived of the slightest participation in the profits.—(Hear, hear.) He did not mean to contend that assurers of his class were entitled to the same profits as those whose po licies were only payable at their deaths, 'but he did mean to contend that they were entitled to some share, if only one-half, or even one-third.---(Hear.) He was convinced, from the great attention which the direc tors devoted to the interests of the institution, that his recommendation should receive the utmost attention. The CHAIRMAN said the board would consider the suggestion. On the motion of Mr. COLMAN, a vote of thanks was then unanimously passed to the chairman and managers of the institution for the manner in which they had conducted the business of the meeting. The CHAIRMAN, in returning thanks, said he would repeat what be had said many times before, that any suggestion which could be made would receive the best attention of the board. Mr. GOSBEL said, they would all admit that they owed a deep debt of gratitude to the talented and re spected secretary, Dr. Mullinder, who bad so ably ma naged their affairs, and inlet great degree added to the success of the institution, and before they separated he thoughtitbutr right that they should tender him their best vote of thanks. A vote of thanks was then proposed, seconded, and carried with great unanimity. Dr. MULLINDER briefly replied. He was quite unpre pared for that mark of their kindness, and could only say that he thought he was scarcely deserving of it; for if he had done his duty, he received his reward every day in the kindness with which be had been met by every member of the association. Not only in London, but at Bristol, Birmingham, and other places, he was received with open arms, and therefore his life was one continued round of kindness shown to him by the mem bers at large. He bad received great assistance from the medical officers in the discharge of his duties, and also from his friend (Mr. Ratray). to whom he was under the deepest of obligations. Dr. Mullinder concluded by thanking the meeting for the handsome manner in which they had tendered him the vote of thanks, and assured them that he would use his utmost endeavours to advance the interests of the institution. A vote of thanks was then passed to Mr. Ratray and to Mr. George Thomas, one of the late members of the board, who briefly replied. The meeting then separated. COURT CIRCULAR. The Queen and Prince Albert rode out on horseback yesterday, attended by the Hon. Miss Stanley, Colonel Buckley, and Colonel Bouverie. Her Royal Highness the Duchess of Kent visited her Majesty yesterday, at Buckingham Palace. The Prince of Wales, the Princess Royal, and the Princess Alice, took a drive yesterday morning in an open carriage and four, and Prince Alfred, the Princess Helena, and the Princess Louisa, were taken airings in the garden of the Palace. _ _ _ The royal dinner party yesterday at Buckingham Palace, included her Royal highness the Duchess of Kent, the Marchioness of Douglas, Lady Augusta Bruce, Baroness de Speth, the Earl of Aberdeen, Earl Bruce, Viscount Jocelyn, and Mr. George Edward Anson. The band of the lit Regiment of Life Guards was in atLi ndance in the Palace during dinner, and performed the following pieces:— March, No. 6 Pot pourri, " La GazzA Ladra" Polka, " Fredericken" ••• Walzer, " Clemenza de Tito" ... Selection from " Alma" . Waddell. . Rossini. . Kuhner. ... Mozart. ... Costa. Their Royal ,Highnesses the Duke and Duchess of Cambridge had a dinner party on Thursday, at Cam bridge House. The company included his Royal High ness Prince George, Count Dietrichstein, the Austrian Ambassador, Baron de Hugel, the Wurtemberg Minis. ter, Prince William Metternich, the Marchioness of Douglas, Baron Charles Hugel, the Marquis and Mar chioness of Douro, Lord and Lady &aurale, and Mr. Henry and Lady Charlotte Lyster. Their Royal Highnesses the Duke and Duchess of Cambridge honoured the Duke and Duchess of Beaufort with their company at dinner yesterday evening, at their residence in Arlington-street. A deputation of Gold and Silver Lace Weavers, in cluding Mr. Simpson, Mr. John Biss, and Mr. D. Smith, had an interview with Sir George Grey yesterday, at the Home-office. Sir Henry Light bad an interview with Earl Grey yesterday, at the Colonial-office. Colonel W. L. Freestun, M.P., had an interview with Sir George Grey yesterday. Mr. Towneley bad also an interview yesterday with the Right Hon. Baronet. Dispatches were sent off yesterday evening from ate Colonial-office for the Governor of Canada, and also for the Governors of the other North American Provinces. Dispatches were also sent off for the Governors of New South Wales and Van Dieman's Land. Dispatches were received yesterday at the Colonial office from the Governors of Gibraltar. COWES, ISLE OF WIGHT. FROM OUR OWN CORRESPONDENT.) COWES, JUNE 30. ROYAL YACIIT SQUADRON INTELLIGENCE. ARRIVALS. JUNE 23. Frisk cutter, Richard Frankland, Esq., from Cherbourg. 24. Urania schooner, Lord Rodney, from Guernsey. 27. Gauntlet cutter, William Peareth, Esq., from Guernsey; Ondino schooner, Duke of Sutherland, from Gibraltar. 30. Cygnet eutter, Hedworth Lambton, Esq., from Ryde. SAILINGS. JUNE 23. Gipsey Queen schooner, Sir H. B. Hoghton, Bart., fur North Yarmouth. 26. Ariadne cutter, Lord Godolphin, for the Channel Islands and other ports. YACHTS AT AND ABOUT THE STATION. Schooners—Brilliant, Maud, Urania, Ondine, Fairy, Ariel. Cutters—Elizabeth, Bacchante, Spider, Lark, Tur quoise, Gauntlet, Frisk, Alarm, Emerald, Cygnet. FITTING OUT IN THE HARBOUR. Schooners—Flirt, Camilla. FASHIONABLE ARRIVALS.—The Earl and Countess of Ellesmere, Viscount and Viscountess Brackley, and Col. Tremongers. The Earl and Countess of Sandwich and family are expected to-morrow. The Marquis of Ormonde has taken Mil!field House. Lord Crofton has taken Devonshire Villa. SPORTING •INTELLIGENCE. CARLISLE RACES.—THURSDAY. The Corby Castle Stakes of 10 sovs. each, p.p., and 40 added; for two yrs old. T.Y.C. (3 Subs.) Mr. B. Green's Arab ... ... walked over The Cumberland Plate of 2001., added to a Handicap of 25 soya. each, 15 ft, and 5 only if declared; the second to save his stake. Twice round and a distance.. (40 Subs., 14 of whom declared.) Mr. S. L. Fox's Meaux, 4 yrs, Est 61b (Ryder) 1 Mr. Wormald's Quadruped, 5 yrs, 7st 31b 2 Mr. Jewison's Raisthorpe, 4 yrs, Est 81b ... 3 Mr. Henderson na Lady Hylda, 4 yrs, Est 6lb ... 4 Mr. B. Green's Maid of my Soul, 3 yrs, sst 51b 5 The Grand Stand Stakes of 5 sovs. each, and 30 added; two yrs old, 6st; three, Bst 51b; four, 9st 61b; five, 9st 121 b; six and aged, 10st; mares and geldings al lowed 21b. Once round and a distance. (4 Subs.) Mr. Merry's Pilot, 6 yrs ... (Bumby) 1 Mr. H. Johnstone's Rough and Ready, 6 yrs ... 2 Mr.S L. Fox's Sir Robert Sloper, 3 yrs ... 3 Mr. Green's Arab, 2 yrs ... 4 The Eden-side Stakes of 5 soya. each, and 20 added. Heats, once round. Winner to be sold for 2001. Mr. Cook's Inglewood, 5 yrs, 9st 11b... ... 3 1 1 Mr. Taylor's George Hudson, 4 yrs, Bst 21b... 1 2 2 Mr. Merry's Glitter, 3 yrs, 7st 41b ... 2 3 3 LUDLOW RACES.---THURSDAY. The Cup Stakes of 5 soya. each, and 25 added. Once round. 8 Subs. ... Lord Caledon's Capsicum, 3 yrs, 6st 111 b (Ta cker) 1 Mr. Peart's Ennui, 5 yrs, Bst IMb ••• 2., Mr. Skerratt's Egrette, 3 yrs, 6st 11Ib ••• The Borough Stakes of 5 soya. each, and 20 added; (6 Subs.) winner to be sold for 200 L, &c. Heats, Mr. W. Cowper's The Morsel, 4 yrs , B st 21b 31 m 1 1 1 Mr. Pam's Lethargy, 4 yrs, 9 st 21 b once round. „. 1 2 Mr. W. Charlron's b f, by Sir William, (late Billy) out. of a Sane mare, 3 yrs, 7st ... 2 ar The South Shropshire Stakes (handicap) of 10 suns. each, 5 ft, with 20 added; second to say e his stake. Heats, once 1....und and a die. 8 Subs. Mr. G. Carters's Linnmus, 4 yrs, 7st :31b ... 1 3 1 Mr. Smith's Fox whelp, 6 yrs, Bst 131 b ... 4 1 2 Mr. B. Giles's Gaffer Green, aged, Bst Slb ... 2 2 dr Mr. Peart's Ennui, 5 yrs, test 91b ... 3 dr Handicap of 5 sovs. each, 1 ft, and 20 added. One mile and a quarter. (5 Subs.) Mr. Barton's Hector, 6 yrs, let 91b ... (Denman 1 Mr. Saunders's Lady of the Lune, 4 yrs, 7st 10st ... 2 Mr. W. Smiths's Master Downes, 6 yrs, 8.1 61b ... 3 Mr. Parr's Baronet, 5 yrs, Bst 6lb 4 SALISBURY RACES—FRIDAY. handicap of 10 sous. each, h ft. Mile and half. Mr. Bray's Prospect, 7st (Sharp) 1 Mr. Jones's Miss Shirley, 7st 71b 2 Won easy. The Queen's Plate of 100 Guineas. Three miles. Mr. J. Dty's The Hero, 5 yrs ... (A. Day) 1 Mr. W. Etwall's gr c by Thistle Whipper, 3 yrs ... dis Won in a canter. The Wilton Park Stakes . ol . lo boys. each, and 50 added • T.Y.C. Mr. Herbert's b c, by Venison, out of Odessa, Bst 11 lb ... (Sly) 1 Mr. Ped ley's Cotton Lord, Bst 71b 2 Major PitC's Piccola, Bst 31b Mr - . J. Day's Traitress, Bst 31b ... 4 Won by a neck. BETTING AT MANCHESTER—FRIDAY. LIVERPOOL Cur.-9 to 1 agst Executor (t), 9to I agst Cawrouch (t), 16 to 1 agst Peep-o'-Day Buy (t), 20 to 1 agst Montpensier (t), 20 to 1 agst Jovial. 100 even on Executor against all Scott's lot (taken and after wards offered)._ GOODWOOD STAKES.-9 to 1 against Crozier, 10 to 1 agst Diplomatist, _l2 to 1 agst Remembrance (t), 12 to 1 agst Hydrangea. (taken to 501.) —l4 to 1 agst Chat, 14 to 1 agst The Tartar, 14 to 1 agst Alpheia, 20 to 1 agst Gaiety (t), 20 to 1 agst Reflection (t), 20 to 1 agst Chanticleer, (t), and 5 to 1 agst Crozier and Remem brance (t). GOODWOGD Cup.-2 to 1 agst the Hero (t), 4 to 1 agst Van Tromp (offers to take), and 14 to 1 agst Miss Lydia filly (t). ST. LEGER.— 5 to 4 agst Surplice, 5 to 2 agst Springy Jack, and 5 to 1 agst Justice to Ireland (90 to 20 taken once). 4 btrb 92Xlition OVER LAND MAIL We have received by extraordinary express journals from Bombay to the 20th of May, and Calcutta to the Bth. There is very little stirring. The affair of Mooltan still occupied the public attention, but nothing of im portance had since occurred. Mr. Wilkinson, the apothecary, who was reported :o have been killed, has, we are happy to say, escaped. We understand that the result of the deliberations v 4 as hat no troops should be dispatched; and the wisdom ler :he determination cannot be for a moment doubted. From Mooltan itself we have very little. The only item on which any dependence can be placed is to the effect that the Dewan was so closely watched by his own troops that any attempt on his part to fly to Lahore, and endeavour to exculpate himself, would be useless. Our Malta correspondent informs us that various councils have been held at Malta respecting measures for the defence of that important naval station. The whole of the troops in the Jullunder Doab are said to have been warned to hold themselves in readiness to move at a moment's notice ; but we think it very unlikely that any actual march will take place until after the monsoon. In Bombay considerable indecision has prevailed. On the arrival of the last steamer from Sinde, with a re quisition fur reinforcements, an express was, it is be lieved, sent to his Excellency the Commander-in-Chief, then at the hills. The consequence was that the officers of her Majesty's Bth Regiment, on leave at Mahabu leshwur, were ordered to join their corps without delay, and a division order was issued at Poonah, directing a wing of her Majesty's Bth Regiment to be iu readiness to proceed to Bombay, and th e nc e to Si n d e ; a w i ng o f h er Majesty's 22d Regiment to proceed to Bombay for gar rison duty, and a detachment of the let Grenadier regi • ment of Native Infantry to proceed to 'fauna, and relieve the wing of the 29th Na tive Infantry there stationed. A troop of Horse Artillery was likewise ordered to prepare to move. It was also reported that the 24th, 26th, and 29th Native Infantry, at Bombay, would in all likelihood be sent without delay to Kurrachee. The order, however, for the officers of her Majesty's Bth to join their corps was shortly afterwards can celled, and no actual movement of troops took place from Poonah. On the morning of the 17th, Sir Willoughby Cotton arrived in Bombay—we believe most unexpectedly. lie came down to attend the meeting of Council and assist in the decision of the point whether troops, were, or were not, to be sent to, Sinde.— Chronicle LATEST FROM PARIS. The National Guards of Paris are signing a petition to the National Assembly, demanding that with respect to the insurrection justice may be done without passion, but without weakness, and that the numerous and able chiefs who, it is evident, were at the head of it, may be sought out and punished, whoever they may be. The National Guard further demands that a law may be passed without delay, providing for its immediate and complete re-organization, and inflicting severe penalties on such National Guards as, without legiti• mate motives, shall nut proceed to their posts on the first rappel. In execution of the decree of the Executive Power which attributes to the military jurisdiction the pro cesses arising or to arise out of the insurrection, the General Commandant of the First Military Division has charged Commandant Couwrois D'HURIIAL, reporter of the First General Court-martial of Paris, to proceed im mediately to the examinations as to all the persons incul pated. The reporter has commenced with those impri soned at the Tuileries, whose number is said to be 1,000. It was urgent that these should be commenced with, es there was reason to fear that a typhus fever was making its appearance. By a delegation from the Executive Power, M. BROUSSAIS, examining magistrate, and M. BERRIIT-SAINT -PRIX, the judge, are to concur with the military authority, and these magistrates are to be assisted by M. IsaainsatT. At five o'clock yester day not more than 100 prisoners remained confined in the cellars of the palace. As every 100 of the original number were interrogated, they had their arms bound behiud their backs, and were sent off under escort to the Ecole Militaire, in the Chatap de Mars, where they are to be individually and more closely examined. The following are the names of some of the insurgents, who will probably be the first to appear before justice : —Mellinger, Instructeur du Genie ; Becker, Lieutenant- Colonel Chief of the Staff of the Italian Legion ; Degu inguand, Sapcur du Genie ; Bochet, drummer of the 230 regiment ; Picou, Lieutenant of the Ateliers Nationaux ; Duvillars, Chef do COMpagnie of the Ateliers Nationaux ; Duval, Brigadier of the Ateliers Nationaux ; Gerard, ex-Captain of the Garde Mobile ; Jeannot, ex-Sub-Lieutenant of the Garde Mobile ; Lienard, Lieutenant of the Ateliers Nationaux ; Cabazone, ex-Municipal Guard ; Cceur de Roi, drummer of the ex-Garde Republicaine ; Turgon, retired officer ; Bremot, retired officer ; Ilersingaux, Captain in the ex-Garde .Republicaine ; Pigay, d fficer ; Walkeirs, retired officer. There are upwards of one hundred stud) nte, a great number of young men be longing, er having belonged to the Garde Mobile, and many workmen, especially tailors, most of whom are foreigners. The Constitutionnel publishes a letter addressed to it by two Brigadiers of the Ateliers Nationaux who have now retnrned to their employments with their former masters. These men protest in the strongest terms against the appellation of workmen given to the insur • gents, instead of their real names of rioters, anarchists, and communists, the only ones worthy of the ferocious adversaries of the National Guard raid army, continu ing to use this false denomination in the National As sembly, even after the dreadful conflict was over, in order no doubt through a feeling of pity to induce the Assembly to commit some act of weakness. They deny that the real workmen are capable of such atrocities as have been committed by the insurgents, in using jagged and poisoned bullets, pumping vitriol upon the houses in order to set them on fire, and sulphuric acid upon the people, who were to be burnt by lighted chemical matches thrown upon them; not only shooting their prisoners, but torturing them and tearing out their entrails. These barbarities, they affirm, were the atrocious conceptions of convicts liberated or escaped from the hulks and dif farent prisons of France, between 20,000 and 30,000 of whom had invaded Paris like a leprosy. They then call upon the journal to proclaim aloud, for the honour of the working classes and for all France, that the insur rection was almost entirely the work of thes e malefac tor s, capable of any crimes, but become socialists an communists because socialism and communism. promtihsee full indulgence to their:abominable instincts. As to true workmen and labourers, t h es e indignant w riters assert that many of them joined the National Guard of Paris, and perished under the fire o f t he ol co th a e lar b d r l a y; e as m sa e s l - 1 sins, and many more were in th e ranks from the baulieue and the departments, in which the blouse did not yield to the uniform either in number or devoted courage. f the Ateliers Nationaux, M. LALANNE, direct or o written to the Con,titutionncl to deny that he has hcen arrested, and he says that he t aesed the 100,000 men o f the ateliers to be paid on Friday, because he thought that, as hunger is a bad counseller, they might othei - wise have listened to the wretches who excited civil wsr, But M. LALANNE indignantly rejects the insinuatioi that the pay eas made to e ncourage the entente, and 1), says'; that; M. TRELAT, Minister of Public Works, for, many approved of what he did. The Constitutionnel publishes th e f o ll ow i ng addressed to its editor I have read in your journal the recital of the arrest I made in the night before last of Lieutenant de Flotte, of the navy, in which you say, first, that on Thursday I beard at the Club du People a call to arms for the insurrection of the next (lay;—Secondly, that I had seized a laisse-passer, signed Louis Blanc. The following is the truth--I did in fact hear Lieu tenant Flotte and several other speakers, make an appeal to the Ateliers Nationaux to go to the deli verance of the prisoners at Vincennes, but no one • named the following day, the day on which, the instir- ~,~ rection commenced. I did seize among other impel 's an unsigned letter, apparently coining from the cabin et of M. do Lamartine, by which M. de Flotte was invit td to go to M. do Lamartine at such day and hour as he plight please. I did also seize a laisser-passer for the int . ct for of the Luxembourg, but I cannot say that it was signed by M. Louis Blanc, my attention not having been turved to the signature. Have the kindness to rectify to this extent the account you have given, which in other pa r ticulars is perfectly cornet. " GIBOT." Thej insurgents, who had established themselves in the Bois do Boulogne, had been dislodged, and all who were made prisoners,l7o :n number it was said, had bean forthwith shot. In the! Assembly! last night the Cabinet withdrew the proposed railway measures pro tern." There is to be another modification of the new Ministry. In a day or two M. CARROT, the Minister of Public Instructior, is to quit office, to make room for M. BARTHOLENY SAINT HILAIRE or M. DE FALLoux. This change is to take place in conse quence of the disappointment expressed by the Assem bly when the name of M. CARROT was announced, and the large number of votes given to M. DI/FAURE and M. LACROSSE in opposition to M. MARIE, the Government candidate for the Presidency of ttie Assembly. General CevsEcNAc has had a conference to-day with the Committee of the Assembly on the Ateliers Nationaux. He; stated that the intention of the Government was to send a large number of the ouvriors from the departments to different points were works d'urgence were to be commenced. The Government also proposes to send a considerable number to Algiers, to colonize that country upon a modification of the system proposed by Marshal BUGEAUD. The remaining portiots of the work-people will have allowances made to theta at their own houses. Paris is pertectly quiet to-day, but the inhabitants are far from having:recovered confidence. The disarmikg of the disturbed portions of the capital is still going on, and it is reported that a number of the insurgent prisoners are shot every morning in the Champ de Mars. The report is current to-day that three wounded were shot last night in the cellars of the Tuileries, by order of a court-martial. The National Guards from the provinces continue still to arrive in Paris, and some of them have come as far as Brest and Lorrent. Among others who came with the National Guard of the Seine and Oise is M. LEPELLETIER D'AULNAT, formerly Vice-President of the Chamber of Deputies, dressed in a blouse, and with a musket on his shoulder, and M. DE HAUSSON•• VII LE, the son-in-law of the Duke DE BEOGLZE, in the same costume, and with the tri-coloured scarf of the Mayor of his commune. The inquiry into the origin of the late insurrection is going on rapidly before the Committee of the Assembly. Some witnesses have already been heard, and it appears that several of M. LEDRU ROLLIN'S prefects threw every obstacle in the way of the National Guards coming to Paris. Ono Governmentland the Committee of the Assembly nave come to an understanding about the funeral of the victims of the insurrection. There is to be a public funeral, but the day;upon which it is to take place is not to be made public till the whole preparations be made, in order, it is said, that the insurgents still lurking in Paris may not take advantage of the occasion to croate further disturbance. The Government and the Committee have also agreed to bring forward a motion in the Assembly for a general mourning of eight days in honour of the victims. NORTH OF EUROPE. The following has just been received from the Electric: Telegraph Company:— " The Lion steamer, which left Hamburgh on the 29th instant, at one A.m., arrived at Hull at four o'clock this morning. " She reports the conclusion of peace as being a. settled thing between the Danes and the Confederation. "COLOGNE, JUNE 27.—The news has just arrived from Frankfort that the National Assembly decided, atter a long sitting, that the Archduke JOHN of Aus tria was elected sole head of the provisional central power." Advices from Kiinigsberg of the 21st, published in the Hamburgh Impartial Correspondent of Tuesday evening, state that the public spirit of the provinces of Prussia is exceedingly embittered against the capital. The provincials refuse to recognise the acts of the National Assembly, as deliberating under the influence of fear. Th e rumours o f t h e a d vance o f t h e Russians areincessant, and occasion the greatest anxiety. ELECTION COMMITTEE. (THIS DAY.) DUBLIN. The scrutiny into the validity of Mr. Reynolds' ma jority was resumed, and in the course of the day the petitioners succeeded in striking off two additional votes. BRISTOL SUGAR MARKET, JUNE 30.—The market continues without animation, and until the question of duties is settle 4 we shall not experience any improve ment.—Bristol Mercury. _ _ WAKEFIELD CORN MARKET, FRIDAT..--FFeRh samples of wheat are taken off free'y at the extreme rates of Tuesday. In oats and beans no alteration. IMPERIAL PARLIAMENT. HOUSE OF LORDS, June 30. HEALTH OF TOWNS BILL. Lord CAMPBELL rose to move the second reading of the Health of Towns Bill. This was a measure that was more particularly for the lower orders of society. It might be most properly called the Poor Man's Bill.- -(Hear, hear.) It %%mild not be doubted that many of the causes of disease %%ere under the control of legisla tion; and he would briefly show the effects of over crowding, filth, and bad entifation in two counties— one agricultural and the other manufacturing. In West moreland, taking a povulation of 10,000, twenty-three persons died of epidemic diseases, whilst in Lancashire the proportion was tiny-five to 10,000. In the former county the deaths from diseases of the respiratory organs were forty-seven in 10,000, and in the latter seventy three in the seine number. Of those who died prema turely, that was between the ages of twenty and sixty, the number in Westmoreland was forty-nine and iu Lan cashire sixty-eight. The Noble and Learned Lord then went into a comparison of the state of health in an agri cultural union in Lancashire and a manufacturing union in the same county—the union of Ulverstone and the union of Liverpool, which showed that the average rate of mortality was much higher in the latter place. In the union of Ulverstone, in a population of 10,000, 13 persons died from epidemic diseases, whilst in the union of Liverpool 75 persons died from the same causes. In fact he might safely say as to Lancashire, that, taking the average, every person there was cur tailed of nineteen years of his natural life. He would now state some of the good effects that had taken place from proper attention to sewerage, drainage, and venti lation. Every one must remember that formerly the. gaol fever often carried off judge, juries, and prisoners together ; but now, in consequence of proper attention being paid to ! the health of gaols, the gaol fever was never heard of: The Noble and Learned Lord cited other instances of a similar character. The sufferings of the lower orders from the want of efficient sanitary measures had been very great, and had naturally at tracted the attention of the Government. Lord Nor manby in 1841, and Lord Lincoln in 1844, had brought the subject before Parliament; and finally, he was happy to say, his Noble 1 riend, Lord Morpeth, had succeeded in carrying this Bill through the House of Commons. The Noble Lord then went into an explanation of the nature and objects of the Bill, and concluded by moving that it be read a second time. The Duke of BUCCLEUCH gave his cordial assent to the Bill, which he thought had been delayed too long. He did not think it desirable to include London in a general Bill applying to the whole country; but ho re joiced to know that a Bill was to be brought forward applying to the city of London, and he hoped it would be soon brought forward. He thought more stringent powers should be required to carry out the Bill. The Earl of DEVON made a few observations, which were not heard in the gallery. Lord PORTMAN thought the country must feel, greatly indebted to the present Ministry .fo r bringing forward so excellent a measure—one which would be productive of the greatest good to the whole community. He regretted it was found necessary to add another rate to the local taxation of the country, which was already too high.—(Hear, hear.) The people of this country were paying 20 per cent. on account of local taxation, under rates of various names. It would be a great boon to them if all these different rates were consolidated and placed under one management.—(Hear, hear.) Th e taxation also was very unequal.—(Hear, hear.) Various kinds of property did not contribute their fair propor tion towards the bu rdens of the countr y .— (Hear, hear.) He knew that this subject was one of great difficulty, but it was well worthy the attention of the Government and of their Lordships. The Bishop of OXFORD begged to call the attention of the Government to the 74th and 75th clauses of the i l u il r l i , s w i_g h r ic o h un gre w a it u h t i h n o t r ov,n authority to T o thehlooycalmbiogahrt do boards to thiss hutf up r their own interests if they were proprietors of a burial ground outside the town. He would therefore suggest that the consent o f th e bi s h op should be obtained before they could do so. He also thought that the power given to the local boards, with respect to the rights of the poor' to parochial sepulture should be modified. He rejoiced that such a Bill had come to their Lordships' House, be bause he en t erta i ne d a deep feeling of its cessity. Lord REDESDALE hoped that sufficient time would be given to consider the Bill before it was committed, as it must be the object of all to make it as perfect as pos sible before it passed into law. The Duke of ARGYLL concurred in the opinion of the utility and value of a sanitary Bill. He therefore hoped its provisions would he extended to Scotland, as no places stood more in need of it than Glasgow and the kid town of Edinhorgh.—(Hear.) Lord CAMPBELL said that the observations of the Right Rev. Prelate would be considered by the Govern ment. The same reason that existed for not applying the provisions of the Bill to the metropolis existed with regard to Scotland. The law of Scotland was different to the law of England; the same machinery did not ex ist there, and therefore a separate Bill would be required for that part of the United Kingdom. The Noble Lord was understood to sax' that at a future period he hoped a sanitary Bill for Scotland would be introduced. The Bill was then r( ad a second time and ordered to be committed on Fri(:ay next. The House then adjourned. HOUSE OF COMMONS, June 30. The SPEAKER took the Chair at Four o'clock. BUSINESS OF THE HOUSE. Mr. E. DENISON gave notice of his intention o Tuesday neat to move for o,6elect Committee to confider 37p 28 p 15% 16% 17 17 1 /k 93 42xd 66% 13% 14 1 4 % p 49 1 A 13% 71/2 -- 23/4 ••••• 44