The Sun. — London, England, 1867-03-20 00:00:00

MONEY MARKET AND COMMERCIAL INTELLIGRNOZ, TWELVE O'CLOCK. Operations in the general discount market have been on a rather limited scale, and the rates de manded show no material alteration. Gold to the amount of £lO,OOO has arrived by the Ballarat from Melbourne. The gold operations at the Bank of England yes terday consisted of an influx of £75,000 in bar gold, and also a withdrawal of £6,000 and 7,000 sovereigns for the Brazils. Atlantic and Great Western Railway Deben tures remain firm at 32 34, and the Consolidated Mortgage Bonds at 24 25. At the annual general meeting of the Legal and General Life Assurance Society it was announced that the new premiums for'lB66 were £10,019, the New Assurances, £254,875 ; the total premium income of £121,888, and the total property on the Ist of January last £1,414,595, against insurances for £3,911,728. _ The East India Irrigation and Canal Company have received intelligence to the effect, that the cause which operated to prevent the cultivators in Orissa irrigating their lands from the Company's canals has been removed, the Government of India having renewed the present land settlements upon the same terms for twenty years more, and un dertaken at any future settlement not to charge mere for irrigated than for unirrigated land; also, that with a view to give more extended em ployment to the suffering population, and to expe dite the extension of irrigation by the company, the Governor-General had offered to advance as much money as the company can expend, in addition to their own regular outlay during the current year, and that such offer had been accepted by the com pany's manager. The inspectiOn report of the Delhi Railway, by Major W. E. Warrand," R.E., deputy consulting engineer to the Punjaub Government, concludes in the following satisfactory terms :—" The quality of the work is everywhere very good. It is to be hoped that every endeavour will 'be made to insure a proper supply of rolling stock for the Delhi end of the line ; the traffic will be very great, and no help will probably be obtained from the Lahore end for a couple of years after its opening." . A contract has just been made by Mr. Frederick C. G. Ritso, of Austinfriars, acting on behalf of the International Ocean Telegraph Company of New York, with the Indiarubber, Guttapercha, and Telegraph Works Company of Silvertown, for the manufacture and laying of a submarine telegraph cable between the United States and Havana, in the island of Cuba. The working to be completed by the end of June. This is the first link of the in tended cable to Panama via Jamaica. The Home and Colonial Assurance Company (Limited) have issued their report preparatory to the general meeting. The directors state that, as already intimated to the shareholders, they have discontinued the fire and life departments of their business. The income on the marine branch from net premiums in 1866 amounts to £192,204, and after deducting all adjusted losses to Dec. 31, there remains a balance of £99,611 on that year's account. A payment of interest is recommended at the rate of 5 per cent. from the profit on the investments of the capital A report has been issued by the liquidators of the Seinde, Punjaub, and Delhi Bank Corporation to be presented at a general meeting to be held on the 27th inst. It states that the total estimated ties in March, 1866, were £789,268 ; and that since that date nearly the whole of these liabilities have been discharged, or have run off ; and that the claims on the 27th ult. were estimated at £8,721, and the assets at the same date represented £281,620, showing a surplus of £272,899. As regards the final result of the liquidation, the liquidators believe that, in addition to the return they have already made of £6 on every £lO share, and £1 on every £5 share, there will be ultimately further returns equal to 14s. per share on all the shares of the bank. Two O'CLOCK. There is still a very firm feeling; in the market for British Securities; Consols being 911 for money, and 914 4 for the account. There are a few steady investments but very little speculation. The New Threes and Reduced Annuities are 894 I ; An nuities (1585), 121 ; Exchequer Bills for March, 15s. prem. ; ditto for June, 15s. to 16s. prem. ; India Stock, 2151 ; ditto 5 per Cents., 1091 4 ; ditto Enfaced 5 per Cents., 1034; and ditto Bonds, 44 a. to 455. prem. In the Foreign Stock Market there is little change in prices, and the transactions are restricted. Italian have advanced 4, to 5314, and Mexican 4, to 174 1 8 ; Greek remain at .151 16 ;. Spanish Passive at 22 i ; the Certificates at . 141 1 ; Turkish 5 per Cents. at 304 4 ; the Russian Loan Scrip at 24 prem. ; and Chilian Loan Scrip at 2 14 dis. Danu bian Scrip has declined 4, to 14 1 die.. In the Railway Share Market there has been con siderable excitement. Prices opened with a further depression, but a slight rally has since taken place. London, Chatham and Dover have declined 1, Lan cashire and Yorkshire 4, and South Western and Midland each 4 ; while Great Northern have ad vanced 1, Great Eastern, North Western, and North Eastern (Berwick) each 1, and South Eastern 4. The Foreign and Colonial lines show little varia tion. Antwerp and Rotterdam are marked 13 134, Great Luxemburg 104 4, Great Western of Canada 12 / 13, and East Indian 1074 1084. Bank and Miscellaneous Shares remain very in active. Colonial have improved to 37, and London and County to 364, while Union of Australia have declined to 474. Anglo-American Telegraph are at 154 16 ; Hudson's Bay Company, at 164 4 ; and Telegraph Construction and Maintenance, at 144. American Securities show a alight advance. Erie Shares have advanced to 40 ; Illinois, to 7 8 ; and United States 5-20 Bonds to 744 AiINING MARKET. WEDNESDAY, Two o'Clock. There is a little more activity in the Mining Mar ket. Those most inquired for are Prince of Wales, Great Vor, Providence, Tincroft, Grenville, East Grenville, Cook's Kitchen, aud West Chiverton. Annexed are the current quotations : Bryn Gwiog, —; Chiverton Moor, 8} 9 ; Chon tales Gold, 2} 3 ; Clifford Amalgamate, 7 71 ; Cooks' Kit chan, 12 13 ; Drakewells, 12s 6d 13s 6d; East Basset, 20 21; Xast Caradon, 5 1 ; East Cam Brea, ; East Lovell, 10 11; East Russell, 31 f ; East Wheal Granville, 21 21; Great Laxey, 17 171; Great North Downs, ; Great l letallack, 31 ; Great South Tolgus, —a -d Great Wheal Yor, 21 22 ; Marko Valley, 44} ; North Grotty, 51 6; North Roskear, ——; North Treskerby, 2 1 ; Prince of Wales, 54s Od 5 6 s 0 d ; Prosper United, —; , Lrovidenee Mines, 32 84; Rosewall Hill and Ransoms united, -s Od —a Od; South Condurrow, —s —a ; South a —d ; South Herodsfoot, ——; Tincroft, 15 1 6 ; West Caradon, —— ; West Chiverton, 59 61 ; west Seton, ——; West Drakewells, 8s 10s ; Wheal 7 1t azset, ; Wheal Buller, 22 24 ; Wheal Chiverton, 7i 105.; Wheal Grenville, 22s 6d 27s 6d ; Wheal Seton, 1021 BRITISH FUNDS—ONE O'CLOCK. , GOVERNMENT FUNDS. " p er Cent. Consols a Do. Account, April 10 9ll K i .per Cent. Reduce-d B9l i I ,erw 3 per Cent B9l } ' - ` 43 W 2i per Cent. Jan. 1894 — A per Cent. Jan. 1873 — 1 1 1 ,1uities 30 yrs, expire sth Jan., 1880 Do. for do y rs , ex pi re sth April, 1885 l2l 4 -'0 (Lted Sea Telegraph), Aug., 1908 — 3 13 Ct., March. I 4 7 0 Ct., June. 14( thequer Bills, £l,OOO, 4 pe r Ct. 15 pm bo £5OO „ 14 15 Bo ............ £lOO & £2OO „ — 1 1516 pm " a uk of England. Stock, 6} per Cent ... Shut 1 INDIAN GOVERNMENT SECURITIES. 4 , 41a U Stock, 101 per Cent., April 1874... 215} - uo• Account g.. 5 per Cent. July, 1889 '-',O- 4 per Cent., Oct. ISBB A',o. Certificates .1..) n r D O. r_... uraced Paper 4 per Cent — O. 0 per Cent., Jan. 1872 ,-,°. 5 1 per Cent., May 1879 — o. Deb, 5 per Cent., Aug. 1873 i i - D ) °• Bonds, 5 per Cent., £l,000 0. under £1,000 4r, e 4 - FOREIGN FIJNDS—ONE O'CLOCK. f:, niatie Republic, 6 per Cent _ gran Bonds, 5 per Cent, 1859 — a zilian 5 per Cent Do Loper Cent., .--- - . . 1853 Do. 5 per Cent., 1865 — Do Account 731 21 Do. £lOO Bonds - 73i Buenos Ayres 6 per Cent — DJ 2 per Cent. (Deferred 3 per Cent ) C..ilian 6 per Cent — ' Do. 4i. per Cent — 00. 6 per Cent A Do. „ B Do. „ 1867 Do. „ Scrip, £2O paid — di Colombian, 6 per Cent. )ultra, 6 per Cent. iianish 3 per Cont., 1825 — DJ. 5 per Cent., 1864 .... Oanabian PrincipalitieF, 7 per Cent E luador New Consolidated, 1. per Cent — Do., Provisional Land Warrant — Do Deferred 'g , .rptian 7 per Cent — Do. Second Issue — Do. £lOO Bonds 00. Do. 1861 B4 Do. £lOO Bonds Bll ' Do Government Railway Debentures — 'lreek 5 per Cents., 1824-5, ex C.)upon,- Do. Account D ~ Coupons Do. Account G wtemala 5 per Cent .. _ I •iian 5 pet Cer t 1863 Do, Account .. — Do. Maremmana Railway — M. -xicat; 3 per Cent — Ditto for 4ccount Dn. 1864 — Do 6 per Cent. Anglo-French — Aontevidoan C per Cent. .. — tiooriah Imperial 5 per Cent — New Granada• — Do 3 per Cen — Do. DefeiTed Do Lail(' Warrants (Hectares) Po -avian 5 per Cent., 1865 Do Account 651 Do 4 per Cent., 1865 Do 4 per Cent; (Uribarren) Do 4 per Cent. , 1862 Do Account P irtuguese 3 per Ct., 185 P, '0,1, 7 9,'60,'2,'3 41i 2 Russian 5 per Cent., 1822, X St — Do 41 per Cent. 1850 Do 4i per Cent., - 1860 Do 3pm Cont., 1859 -- Do 5 per Cent., 1862 BBl 8 Do. 5 per Cent., 1864 D i. Anglo-Dutch, 180, all paid BBl 9 Do. do. £2 - 4 paid . — pin Sardinian 5 per Cont Spanish 3 per Cent Do Account Do New Deferred Do. Account - Passive Do .., Do Acc*ant.. Spanish Cert. of Coup not funded ...... ... Do Account Swedish 4 per Cent. Do. 4i per Cent. 1864 Do. Scrip, £6O paid Turkish 6 per Cent. 1854 Do. Account ,••••••• 22f Do 6 per Cent. 1858 Do. Account Do £lOO Bonds Do 6 per Cent. 1862 Do Account... 551 6 51 Do £lOO Bonds Do 6 per Cent., 1863 Do 5 per Cont., 1865 Do. Account Do. 6 per Cent., 1865 Do. 4 per Cent. Guaranteed Venezuela, 3 per Cent. '.lo. 6 per Cent, 1864 3ll Ditto 11 per Cent. Dividends on the above payable in London. A.ustrisn, o per Cent., Ex. 10 Florins Belgian, 4/ per cent., Ex. 25f. Dutch 21 per Cent. E. 12 Guil Do. 4 per Cent. Certificates ..... — French Rentes, 3 per Cent., Ex. 25f. — ltaiiati 3 per Cent. 1831, Ex. 251. Do. Account 531 1 TWO O'CLOCK. Consols, Money 9l Do. Account 9ll 1 LIVERPOOL COTTON MARKET. (This Day.) The Market opens steady. Sales probably 8,000 or 10,000 bales. Tire Rating of Schools and Charities. ~-.f A public meeting took place yesterday at Willis's Rooms, King-street, St. James's, to adopt steps to secure for schools, and charitable institutions gene rally, continued exemption from rating. The Earl of Shaftesbury occupied the chair, and amongst the more distinguished persons on the platform were the Earl of Harrowby, the Earl of Shrewsbury and Talbot, Mr. Vanderbyl, M.P., Mr. 'Cite, M.P., Archbishop Manning, Rev. Mr. Owen, Dr. Aldis, Mr. Baines, ALP., &c. Deputations from various provincial towns were also in attendancel and let ters were read from the' Arobbiattop of Canterbury, the Bishops of Winchester, Lichfield, Worcester, Ripon, Chichester, and Rochester, Mr. R. Gurney, lion. A. Kinnaird, M.P., and Mr. B. Cabbell—all expressing their entire concurrence in the object of the meeting. The CHAIRMAN said that, in addition to the letters which had been read, he bad received a communica tion from the late Lord Chief Baron Pollock stating that he rested his objection to the measure upon the simple justice of the case, and he was most emphatic in his protest against it. The contents of the letter showed that the writer possessed all the vigour of youth in his 85th year. (Hear, hear.) His lordship having spoken at some length in favour of the ob jects of the meeting, The Earl of HARROWBY proposed the first resolu tion :--" That it is most impolitic and unjust to im pair the usefulness of the hospitals and dispensaries of England by subjecting them, for the first time, to the payment of poor and local rates, when the relief they,administer to the sick and destitute poor materially lessens the burden of parochial rates." The resolution was seconded by Mr. FOSTER, the treasurer of St. Bartholomew's Hospital, who said he was authorised to enter a protest on behalf of that institution and Christ's Hospital also. The resolution was supported by the treasurer of St. George's Hospital and carried unanimously. Archbishop MANNING moved the second resolu tion That the recent decisions of courts of law on the Act of 43d Elizabeth, cap. 2, rendering schools and charitable institutions generally liable to the payment of rates, is - contrary to the spirit of the act itself and of recent legislation, and tends greatly to discourage educational effort, and to the conse quent increase of improvidence and pauperism. The Hon. and Rev. G. YORKE, rector of Birming- ham, seconded the resolution, which was supported by Mr. BAINES, M.P., and was carried unanimously. Mr. TITE, M.P., proposed, and Mr. BARCLAY, M.P., seconded the third resolution—" That such steps be taken as may be deemed desirable, and that a deputation do wait on the Prime Minister to ascer tain the views of the Government on the subject." The resolution was. supported by Mr. 11. L. Keel- ing, as the representative of members of the Jewish persuasion, and was cordially agreed to. On the motion of ..the Earl of SHREWSBURY and TALBOT a vote of thanks was passed to the chairman, who said he had never seen in all his experience a more unanimous meeting. STATE OF TRADE. MANCHESTER, March 19.—1 n shipping yarns there has been a good deal of business during the last few days at higher prices, values having been enhanced by the continued activity at Liverpool, with a strengthening of prices. To-day this branch of the market has been quieter, though firm. In home-trade yarns sellers have been asking fd. to /d. per lb. in advance of last Tuesday's prices, but there has not been much business, buyers having appa rently pretty well supplied their wants during the slight impulse given to the market last week, and being now disposed to wait a little; at least they do not seem inclined to follow the advance. In cloths the business has been of small amount for some days, although holders have been tolerably firm to their advanced quotations caused by the rise in cotton. For the sales they have made very little advance has been obtained, buyers ap pearing quite unwilling to go into the market for anything beyond what is necessary to supply press ing wants. To-day we have a firm market in cotton and yarn, and that strengthens the quotations of manufacturers. Still there is a decided indisposition to buy, and the market closes with a small business and really n 3 advance in prices. Mr. John Slagg and Co. report of to-day's cloth market : " The operations of the past week have for the most part been confined to small lots, and the total business has been of insignificant amount. Thelarge business and enhanced price of cotton in Liverpool, together with the advanced quotations for yarns to day, render makers firm at their quotations, but buyers show no inclination to operate, and little, if any, advantage eau in =lied on last week's rates.' THE SUN, LONDON, WEDNESDAY EVENING, MARCH 20, 1867. SHARE MARKETS—This day. LAW INTELLIGENCE.—(This Day.) COURT OF BANKRUPTCY. (Before Mr. Registrar Spring Rice.) A LADY BANKRUPT. This bankrupt, Hannah Newington, known as Flora Newington, otherwise Canning, otherwise Do Horne, otherwise Frances S. Canning, sued as Mrs. Canning, or Flora Canning, of various places, her description and addresses taking up 26 lines of the parchment petition, came up to-day.for the first meeting upon her own petition. She ascribes her bankruptcy to illness and insufficiency of presents from friends, the debts being .set down at i 2,324. The proceedings were purely formal, and a day was named for the next meeting. SPOATINLI INTELLIGENCE. WARWICK SPRING MEETING.-TUESDAY. The races fixed to come off this day (Tuesday) were interrupted by a heavy and continuous fall of snow, ,ren dering it imperative to postpone the running, after the two events appended had been disposed of, until Wednesday, at two o'clock. Great efforts were mado . by the officials to clear the course of the snow by means of a large number of men, but their endeavours were only partially successful. As might be expected, the attendance was very small, the bookmakers preponderating, and they found little employ-; ment for their metallies. The Match, owners up, set as the first event of the day, fell through, and the two races that did take place broughtout fields of three runners each only, the evergreen Saccharometer winning the Trial Stakes in gallant style. The lt , tcing Stakes of 5 soya each, with 25 added ; two year olds ist slb, three 9st ; the winner to be sold for 100 sus's ; if for 70 saws allowed 71b, 50 14Ib ; maidens allowed 41b, fillies and geldings 31b ; five furlongs. Mr. Godding's Rebecca Colt, 2 yrs, 6st lib (£so)(Butler) 1 Captain Mitchell's Pocket Hercules, 2 yrs, 6A Mb (X5O) (K..tiyob) 2 Mr. R. Ten Broeck's Dinah, 2 yrs,7st 21b(E100)(Evans) 3 'no betting opened at 6 to 4 on Pocket Hercules, and closed at evens against him-6 to 4 was laid against the Rebecca colt. Tbo latter made running at first with a clear lead, but when they arrived in the straight ho was joined by Pocket Hercules, the pair running home an eat citing race, which the Rebecca colt, after having the wore of the struggle at the distance, won by a neck. Dinah, who got badly off, was last throughout, beaten away. The winner was not sold. The Trial Stakes of 10 sOTS each, with 50 added; three year olds 7st, four Bst 91b, five 9st 21b, six and aged 9st 41b ; maiden three year olds at the time of starting allowed 31h, four slb, five and upwards 101 b; tho Mile Course. 9 subs. Mr. Carew's Saccharometer, by Sweetmeat—Defa,mation, aged, 9st 41b (A. Edwards) 1 Mr. G. Jones's Huntsman, 3 yrs, 'ist (C. Page ) 2 Lord St. Vincent's Redan, 4 yrs, Bst 91 b Tie betting opened at 5 to 4 agst Red.ln, and closed at 7 to 4 each agst Saccharometer and Rodan, and 5 to 2 agst Huntsman. Redan made play into the straight, Saccharometer being last till getting round the turn, when Redan was beaten. Huntsman thereupon closed up with the son of Sweetmeat, and appeared to lave the best of the struggle until they reached the distance. There Edwards shook up the " old 'un," who immediately answered, and finally won cleverly by a length. Redan . NVnB pulled up at the half-distance, and finished a bad third. After this raco the sport was postponed until to-morrow (Wednesday), at two o'clock, the course being again covered thickly with snow. CROYDON SPRING STEEPLECHASES-TUESDAY. This popular suburban meeting, owing to unparalleled reverse; has been on the present anniversary a complete failure. Originally fixed for Thursday last, the authorities were, in consequence of the inclement weather, obliged to postpone the gathering till the following day, when the elements were equally unaccommodating, but by dint of, clearing the snow off the course the committee wore enabled to have a day's sport on Saturday, and expected to conclude the meeting on Monday. The keen frost of Sunday, and the heaVy fall of snow on Monday morning, rendered running quite impossible, and a postponement until to-day was agreed upon. Several of the horses who bad engagements at Warwick were immediately struck out, and consequently very few were left to contend the various events on the card. This morning snow fell in large flakes alternately with sleet and rain, but running was found to be practicable, and rather than break faith with the public, the committee decided to give the added money in each instance. The course was exceedingly heavy going in many places, the horses sinking up to their fetlocks in mud. An idea prevailed in London this morn ing that the chases would not come off ; indeed, so well grounded was the idea that only twenty-three persons availed themselves of the special train wkich left Cannon street at 11.40. The attendance was wretched, and every thing presented a disheartening appearance. The sport was entirely devoid of interest, odds being laid "on" in each case, and all the favourites pulled Through. Only three horses contested the Steeplechase, and The Doctor, one of the " jumping Cures," won with consummate ease, fencing most brilliantly. Subjoined are full details of the day's sport : A Hunters' Stakes of 3 soya each, with 25 added, for horses that have been regularly hunted with some established pack of hounds in the United Kingdo'm ; 12st each ; winners of 40 sovs 71b extra ; the winner to be sold fur 80 sovs. If entered for 50 sovs allowed 7lb ; gentlemen riders; professionals and others not qualified to ride as gentlemen riders under the Grand National Rules, 71b extra; about two miles and a half. Mr. Coleman's Aggravator (£80), aged, 12st- 7lb (B. Land) 1 Mr. Franks's Salamis (.£5O), aged, list 71b (Mr. Thompson) 2 Mr. Alberton's Quicksilver (.£80), aged, list 71b (Owner) 3 Betting —7 to 4 on Aggravator, who made play, Salamis bringing up the . rear for about a mile, when she took second place, but a quarter of a mile farther on she dropped last, and thevwn thus to the water-jump, which was cleared by Salamis in advance of Quicksilver, thefaV;h7fte . bringing up the rear, but before reaching the next fence Quicksilver took up the running, leading till about half a mile from home, when Salamis headed him, the favourite waiting till fairly in the straight, when he came away and won easily by three lengths. Quicksilver was a bad third. The winner was not sold. A Selling Steeplechase (handicap) of 3 sous each, with 20 added; the winner to be sold for 40 soya; stout two miles. Mr. Williams's Monitor, aged, list (Ellison) 1 Mr. Williams's St. Maxitnu , n, aged, list 121 b (Ilawkes) 2 Mr. Stiller's Over-the-Sea, aged, lOst blb (Daniels) 0 Betting-6 to 4on Monitor, 3to 1 each agst St. Maxi mum and Over-the-Sea. Monitor got away in front, his stable companion lying last to the water-jump, which Over-the-Sea refused, and Daniels not being able to induce him to go over he was walked into the paddock. At the last obstacle St. Maxi mum jumped wide, and Monitor coming on, won in a can ter by twenty lengths. The winner was not sold; Mr. Gilkes claimed St. Maxi- mum. The Surrey Open Steeple Chase (Handicap) of 20 sous each, 1.1 ft, and 2 sous only if declared by Tuesday, March 12, with 200 added ; winners after March 8 (at 10 a.m.) 71b extra; the second to receive 50 sous out of the stakes; about three miles and a half ; 33 subs. Mr. W. Mytton's The Doctor, by the Cure—Margaret of Anjou, aged, lOst 41b (G. Holman) 1 Mr. Lynton's Accident, aged, lOst 12ib (Griffiths) 2 Mr. A. Yates's Harold, 5 yrs, lOst 71b (Pick e tt) 0 Betting-5 to 2on The Doctor, 11 to 2 agst Accident, 7 to 2 agst Harold. The favourite made the running with a clear lead of Accident, Harold bringing up the rear, and they ran in this order over the water jump and until about a mile of the journey had been traversed, when Harold refused and threw Pickett, who very cleverly stopped the horse, al though'llis foOt was in the stirrup. At the water jump the second time round Accident landed it simultaneously with The Doctor, and, after clearing the next fence, held a slight lead, which he maintained through the turnip field, but on reaching the meadows The Doctor again got in front, and, quitting his opponent when fairly within the straight, won with consummate ease by 12 lengths. Harold, who had been sent along after his refusal, though hopelesdly in the rear, did not pass the post. • Match, 50 soys, 10 ft.. Two miles. Mr. B. Land's Tally lio, aged, 10st 715 (Pickett) 1 Mr. Wilson's Bonnie Kate, aged, list 71b ......(Uriffiths) 0 Betting-7 WA on Lilly Ho, who made the whole of the ranning, and- came in alone. Bonnie Kate refused after going a mile, but being persevered with went on in pursuit till the last fence but one, where she fell, and walked in some time afterwards. • A Selling Steeple Chase of 3 soya each, with : 20 added; foiir year olds lOst 71b, five list 71b, six and aged 12st ; horses ru4 at this meeting withoutwinping; allowed 51b ; the winner to be sold for 30 sove ; about • two miles and a half. Mr. Williams's Monitor, agod, list 71b (Ellison) 1 Mr. Franks's Salamis , aged, 11st 71b.....(Mr. Thompson) 2 Over the-Sea, aged, llst9lb, wasweighed for by Daniels, and the number hoisted, but the horse did not go to the post. Betting-7 to 4on Monitor. Monitor made play throughout, and won in a canter by ten lengths. The winner was sold to Mr. Franks for 65 guineas. A Hurdle Race Plate of 40 soya (Handicap); winners after the publication of the weights 71b extra; about one mile and a half, over seven hurdles. To close and name by five o'clock on Thursday evening, and the weights to be published as soon as possible. Mr. A. Yates's Balham, by Stockwell—dam by Jerry, aged, 10st 71b (oar lOst 91b): Owner) 1 Mr. Blackloo's Risk, 5 yrs, 9 st 10 lb (c ar lOst 71b (Ellison) 2 Betting-5 to lon Balham. The non-favourite made the running for about a mile, when Balham went to the front, but only retained the ad vantage for a few strides, for Risk again took it up and led to the last hurdles, when he bolted out of the course, and the favourite coining on, won in a canter by eight lengths. ROYAL ARTILLERY STEEPLECHASES. This meeting was held yesterday (Tuesday) on the farm of Mr. Nicholls, near Eltham, Kent ; but the weather proving very unfavourable, there was only a small attend anco of spectators. The going was so heavy as to cause many of the gentlemen to refrain from starting their horses, thus making but poor fields, and the spoculation on each event was very limited. Below are the details of the running : The Gold Cup, value 100 sovs, added to a Sweepstakes of 5 sovs each; about three miles. Mr. Sandeman nd, (Mr. Magenis's) Vesta, aged, 12s (Owner) 1 Capt. Worthain's Oldcastle, aged, 12st (Owner 2 Capt. Nicholson nd Poet, aged, 12st (Mr. Jackson 3 Major Bishop nd New Granby, aged, 12st 71b (inc. 71b (Mr. Hutchinson 0 Colonel Price nd Canterbury, aged, 12st cM.r. Browell) .0 Jr. Kiwi:mires .A.nonyrna, aged, 12 st (carried 12 st 31 b) , (Mr. Larcbra) 0 Capt. Wortham's Wedding Ring, aged,l2st 71b (in e. 71b ex) (Mr. Griffith) 0 Betting-2 to 1 agst Wedding Ring-3 to 1 " bar one." Poet, attended by Wedding Ring, made the running for a mile, when Now .Granby took it up, making play clear of Vesta, Oldcastle, and the favourite, Canterbury and Anonyma beaten off. After passing the stand Poet again took the lead and held it till withia a qUarter of a mile of home when Vesta and Oldcastle passed him, the first-named winning easily by twenty lengths ; Poet was a bad third ; nothing else passed the post. The Hunt Plato of 30 sous, added to a Sweepstakes-of 3 sovs each ; 12st each ; thorough breds 71b extra ; gentle- mat riders. Mr. F. Barker's Kingfisher, aged, 12st ...(Mr P. Bark .r) 1 Mr. Mas.ei's Warwick Lass, nge,l, 12st (Mr. Mills) 2 Mr. Brooke's Irish Lass, aged, 12st (carried 12st 9st) (Mr. Gila)ius) 0 Mr. Blaukiron's Faustus, 6 yrs, 12st .(Mr. Hobson) 0 Betting-6 to 4 agst Faustus, 2to 1 agst Irish Lass. Kingfisher made the whole of tho running and wen by half a distance from Warwick Lass, noun of the others passing the post. A Sweepstakes of 5 soya each, 3 ft, with 60 added, for horses bone . Ale and unconditionally the property of, and to be ridden by, officers on full piy of the It )yal Artil lery; list ouch; Gold Cup Course. Captain Wortham's Ivanhoe, aged, 12st (inc. 141 b ex.) (Hr. Griffiths) 1 Mr. Medhurst's Taglioni, aged, list Mr. Magenis's Brava, aged, list (car. list 41b) ( Owner ) () 0 Mr. Milltuan's Leckford, 5 yrs, list (car. list 41b) (Owner) 0 Mr. Turnbull's Corkscrew, aged, list ...(Mr. Robinson) 0 Captain J. M. O. Vibart nd Übique, aged, - list (ear. list 41b) (Captain Vibart) 0 Betting—Even on Ivanhoe, 2 to 1 agst Übique, 3 .to 1 agst Taglioni, 4 to 1 " bar three." Taglioni, followed by the favourite, made play for a mile and a half, where Ivanhoe went to the front, was never afterwards headed, And won by a distance ; the two placed being the only pair which passed the post, the others meeting with mishaps. The Hunters' Stakes of 3 sovs each, with 50 added, for all horses that are bona file and unconditionally the pro, perty of officers on full-pay of the Thiyal Artillery; 12st 71b each; to be ridden by officers on full pay of the regiment ; Gold Cup Course. Mr. Turnbull's Canterbury, 12st 71b Mr. Medhursed Forlorn hope, 12st 71b (Owner) 0 Mr. Marshall's Ringleader, 12st 71b (Mr. Hutchinson) . 0 Captain Wynyate's Rosie, 12st 71b (Mr. Griffiths" 0 Betting-5 to 4 agst Rosie, 7to 4 agst Forlorn Hope, and 3 to 1 agst any other. Canterbury made play through out, and came in alone. Rosie fell half a mile from home. Forlorn Hope stumbled at the first brook, and Ringleader at the second, and were neither further persevered with. The United Service Stakes of 5 soya each, 3 ft, with 60- added ; Gold Cup Course. Mr. Lowther's Shannon, 12st (car. 12st 41b (rHutchinson) 1 Captain Vibart's Übique, 12st (Mr. Browell) 0 Betting-6 to 4on Shannon. At the first brook Übique came to grief, and Shannon, after meeting with sundry mishaps, walked in alone. The R. A. Drag Hunt Steeplechase Handicap of 2 SYPS each, for all horses that have been bona fide hunted with the R. A. Drag ; to be ridden by members of the hunt, &c. If the lowest weight accepting be under 12st 71b it will be raised to that weight. Captain Wertham's Oldcastle, aged, 12st 51b (Owner) 1 Mr. Brooke's Irish Lass, aged, 12st (Owner) 2 Mr. J. B. Hall's Concave, aged, 12st 71b ...(Mr Larcom) 0 Botting —Even on Irish Lass, 6to 4 " bar, one." Irish Lass, attended by Oldcaste, made running till within half a mile of home, where tho latter, coming away, won by fifty lengths. Concave fell at the first brook, and was not further persevered with. RACING FIXT Eastbourne Hunt Northampton Cardiff Windsor Spring 4 Edinburgh Sp. Meeting 6 Lichfield Spring 8 Newmarket Craven 8 M. Ascot Spring York Spring 7 Doncaster Spring Salisbury 9 Batit Ascot Summer 4 Windsor Summer Manchester Summer Hampton l3 Odiham l7 Bibury Ulub lB Oarlisle 'Newmarket. July 2 Pontefract - • 8 Reading .•••• Liverpool July Meeting 10 ilungerford Nottingham l6 AUG Ripon Brighton Brighton Ohio - • 8 Lhwes Egham . -Wolverhampton l3 Stockton Oxford Hastings York August J SEPTL . • Margate 3 War wick Spring 3 Abingdon 5 Leicester Doncaster Brecon l6 00770 Northampton Autumn 1 I Edinburgh Bedford 8 NOV E: Liverpool Autumn 5 I Sh re wsbury Autumn ll I RES FOR 1867. Abergavenny Thirsk Newmarket Ist Spring 22 Durham .. 22 Catterick Chester 3O Harpenden Epsom Croydon Newton 29 Beverley Stockbridge l9 Chelmsford Summer Newcastle .. 25 Ipswich 27 Worcest:ir summer 27 LIC Down Royal Cosporatu l7 Stamford It.nlcliffe Huntingdon 23 Winchester Southampton Glodvrood UST. Dover I West Drayton 22 Plymonth . Canterbury Dorby Lich iield Yaratutith Wuymouth T n I:ibridge Braun 14. den AMBER. Richmond llcnidon l9 Monmouth Manchester Autumn., 2O Newmarket Ist October 24 )BER. I Newmarket 2d October 7 ICheltenham la Newmarket Houghton ,MBE I Leamington Hunt COURSING. COURSING MEETINGS TO COME MARCH. Name. Judge. Days of Running 26, &c. Scottish Open, Lanarkshire SEPTEMBER. Brampton. Cumberland Mr. Warwick OCTOBER. Ancestor and Willoughby, LincolnEhiro Mr. Spofford THE MUSIC HALL SICK FUND. (The following appsared in our third edition of yes terday evening.) The first general meeting of the members of this fund was held this afternoon, at Weston's Music Hall, High Holborn. • Mon Boucicault, Esq., presided. . The CHAIRMAN opened the proceedings by call ing upon Mr. Holland, the proprietor of the noble apartment in which they were assembled, to rend the heads of the rules of the society, which, since the last meeting, had been certified by Mr. Tidd Pratt. Mr. HOLLAND said, before he did as the respected chairman desired, he would take the liberty of stating that the present meeting was rendered r iooessley in order that the .society might become incorporated in the usual manner. The law directed that theofficers of the society shall be appointed at a meeting following the delivery of the certified rules, .and that fact would account for the holding of the presmt meeting. The rules Lavine , o been 'read, and the officers ap pointed, The CIIAIRMAN, in addressing the meeting, said he had great pleasure in doing so, because they were about to • take a step 'which• re fleeted upon them gs a bodyAlio_highot They were then about to take upon them selves ono of the most sacred of duties, viz., provid ing for-themselves in sickness; 'Anti preventing any of their community becoming a burden on their fellow-citizens. The fund they were about to estab lish would effect its noble object, and the gentlemen to whom they were indebted for taking the initia tive were Mr. Holland, Mr. P. Corri, Mr. A. Lloyd, and Mr. Nash. The re were no less than 240 music halls hi England ; andute , from a careful cal culation, it had been compd that 25,000 persons were dependent upon f s f u o ir i r n t g . an Sueha .Cobody, he was sure, was them insti tion worthy of such a profession. music -halls, capablefor o personally, he was under a deep debt of gratitude, because no inconsiderable 'portion of the fortune he I h a d accumulated was owing to the audiences the y had sent to him. He w as g lad the y had decided against the proposition for almshouses, because he disapproved of everything that fixed the livery of charity on or placed the infirm professional in a position where he could be exhibited to the benevo lent public. (Cheers.) He looked upon the society they were about to found merely as a branch, because ho fully anticipated that in a short time they would have to meet to form a Veteran. and Education Fund. (Cheers.) The proprietors of the different music halls had been communicated with, and at least .two hundred of them had promised to give annually a benefit in aid of the funds of the institution, for which, however, an income be looked of f a o t r . commended 00 might t n h o e t usnreasonablye attention of the profession generally, and trusted that it would attain a degree of prosperity rival ling that anticipated by its founers. (Cheers.) He had very great pleasure in presenting 25 guineas to the fund. (Cheers.) A cordial vote of thanks, on the motion of Mr. Holland, was accorded to .. the-- chairman, who, In acknowledging the compliment, again congratu lated the founders of the Fund on the success of their noble efforts, and wished them every prosperity for the future. A list of sullieriptions, in addition to the dona tion of the chairman, was read, which amounted to 4 over 200 guineas. . SPORTING INTELLIGENCE.—This Day WARWICK RACES. These races are again postponed until to-morrow tO-morrow on ac_ count of the snow. Arrived.—Wandering Minstrel, Queen of Trumps, Gor dian Knot, and Elegance. VICTORIA CLUB BETTING. —Tuts DAT, With but a small attendance present to-day the trats actions iu extent were equally limited. Longdown vras the most iu demand for the City and Suburban, while for the Metropolitan Tormentor was alone invested On. There was a disposi;ion to baek Plau , lit for the Derby bad 13 to 1 been obtaintibl,.. CITY AND _SUBURBAN. WO to . 8 agst Wild Agoos (taken) 100 to 6 agst L9ngdowtt (taken) 29 to 1 agst Vespasiau ( , :ffored—take► 22 to 1) 20 to 1 agst Gstregor (offered—tuko 25 to 1) 40 to 1 agst Jasper (offered) t. 1 ngst Weather Star (offered) METROPOLITAN STAKES. 7to 1 ngst OnTiany (.Ifm-e(1) 100 to 6 ,►gst Tourm:iliu (offareil) 500 to 30 agst Tormentor (taken) CHESTER Cur, 25 co 1 agst 31oulsey (taken) TWO THOUSAND, 3to 1 agst Plaudit (offered) 100 to 8 ngst Vauban (taken) 25 to 1 agst Knight of the Garter (taken) DERBY. 8 to 1 agst The Rake (offered) 10 to 1 agst D'Estournel (offered —take 11 to 1) 12 to 1 agst Plaudit (offored take 13 to 1) NOTICE.-:-CIiANGE OF ADOREBe.-4011N STIRS, late of Beaufort Buildings, Strand, returns his best thanks for th e patronage he has received during the past year, and begs to inform his friends that he has removed to 25, Wvl - Strand, London, where commissions will be executed to any amount. Price Lists as usual. T. and G. LEE, of the Wheataheaf, Worship-street, Shoreditch ; at Three King-court, Lombard-street; and at Ono Swan-yard, Biahopsgate-street. IV. 119rxis's and Jolts Aht nnosE (n►omher of Tattersall's, Victoria, and other Clubs) Execute k:.`orrunissionson 411 racas throughout the year. Address-33, OXVNDEX -BTREET, iiATMARKET. JOHN PERCIVAL, Oxford Cigar Stores, 3, Pauton-stroet, Haymarket, W. TICKETS NOW READY for HARRY WILSON'S CITY AND ..SUBURBAN lIANDICAP SWEEP. Drawn llosnes,,March 25, 1867. 10,000 members, at is. each ; and 3,030 members, at 2s. 6d. each. Address, with two stamped directed envelopes, to Harry Wilson, Turf !Arad Offic ~ Hull. Commissions executed from ss. on all races, Price Lists daily COMMISSIONS. O H OZ T Fcatil " CIG E AR R S4RES I , V A L' 3, PAN - TON-STREET, HAYMARKET. ORDINA,KY SHAKES AND STOCKS. Onstol ana !baler .... Caledonian ..id mbrian . Jork and 8and0n...... Cornwall Oublin do Belfast June, Dun„rerth,& Ab. June. ;.London, scrip Certi. 81 83 113 115 10 45 112 f 4. 6 65 6S 70 72 Do. Glasgow k S. Western Great Eastern, ord. stk. 107 :OP 27/ 282 5 7 Do. E. Angl: st. No. 21 tireat of Soo tlaucl' Urest Northern I.)J. A stock 115 Ili Lti z2:l Do. B stuck Do. I.\ cw, la. at 25 pn CitS, and W. of Ireland lit. Western -Original' Vu. si. Val. Rail gun. Do. South IValea Do. W. .11.id.-Oxlorill R 9 H 4) 41 Uo. Newport, 28 %3 Do. ti eraord Lane .shire Yorkehir. L Anion and Blackwail A 6 Coaest , Lon., Chat., and Dovvi Du. idctrup. Ex. A. , 'Lon. A :North IV:cistern, Lou. do South Western, Man., Shel., A Lincoln Do. New Do. Extcmion Metropolitan District Po. do. do. 125 126 7.1 77 17 . 1:3 10 117 8) 62 47 49 21 122 - 105 10? DO; and W'u id;and Do. £9 Share Do, dirtain.. & Derby Ind lient . . North British Do. Ed., Pth., & Dam th. 2C.astern—Ber win& G.N.E puroh.., ll 7 118 85 87 34 33 Do. Leeds Do. York DG. Carlible ..... Do. Stook. & Darling. Do. do. 1860-61 ?forth Loudon Do. do. 1864 5 . Do: do. 1866 North Staffordshire N. & S. W. Junction Scottish Central Scot. N. . Aber. stock Do. Scot, Mid. bt.ick Shropahife, Union South. Devon ,ouch Eastern -;taines, Wok., .k Wok Taff Vale Do. C Vale of Neat!). Waterford & Kilkenn, Waterloo &.Wititena I West Cornwall 272 Si 1151 161 1221 2 1151 115 32 i i 101} 661 7 Railways. 1 Paid. ' Closing i Business , Price. dens. 401 1 li i V 4 5 m 75 t ti 161 173 1101 1 171 17 50 ,d 1 47i 8/ IWI 1 201 11 BRITISH I" iltlantio St.Lawrenee Rom., Baroda, 4 Cen.ln. gu. 5 per cent... Do. F entree Buffalo & Lake Huron Do. Preference ButE,Brant, & Goderich 6 p.c. 1872-3- Calcutta & B. E., lim al e Town & Dock, go Demerara, 7 p.c. per. pi Plata. Bengal, gu. sdo East, Indian , gu. 5 p.c. Do. J Eitaisioli ;rand Trunk ot Canada , Do. Equip. Mort, lion& 1 charge 6 p.c Do. Ist Pref. Bonds Do. do deferred De. 2d Prd. Bonds Du. do. deterred I Do. 3d Pref. stook. Do. do. Welted Do: 4th Pret. stook .. Do. do. deterred '.... tit. India Yen. gua. sp.c. 0. Gua. 5 per cent.. Do. New gua. 5 p. c tut. South of india gua. 5 per cent Do. 41 per cent Do — Oreat Wes. of Canada Do. New .. Do. 6 p. c 13(.5. pay. 1873 Um 51 dv. pay. 1877-8 Indian Branch, limited Madras, gua. 5 p.c Do. 42 do Do. 4i do Do. Filth gxtensiou Ifelb. Cor. 6 p. c. Buds.l Niel; Hudson's Bay N. M. C da, 6pc Ist pf.bs: Scinde ...• ...... • Do. Delhi Do. do . . Do. Puniaub.... a 'I. .0 Do. Indus St. Flo t 4 18 101 11,3 62 63 96 68 34 S 6 10 it p 112 11.5 1 21, 1 21. 63 22 113 115 148 152 44 40 07 08 8 10 165 /60 3 2 SIONS. tou et 10 XOO 'SSE 100 tOO 100 all 100 100 67 60 100 102 id it 4 4i 76 $0 50 55 101 103 101 IG3 IVO 107 20 22 85 88 57 si/ 53 51 52 51 37 40 23 25 10d IG6 1 A 1 P 107 t 8 1071 a 100 102 91 93 12/ 1 3 1 11 12i F 8 82 81 64 13 12; _ it 100 102 92 H 85 90 St 85 97 99 97 98 1 97 98 m a r n i alrisd r 3a,Rro e aheynuut atos t;ta usosi:7ei rtnircsUitareoee. tit oana.rAottr.( SECURITIES.; Wheal Pin yWheal seg.chrsysrtectethatna COLONIAL GOVERNMENT British Columbia, 6 per 71 W cent., De 0.31, 1872 100 - -• Can.Gov.6p.c.Ja.SiJuly 1877-84 Do. 6p. c. Feb. Si Aug 1 0 98 100 D o ~( t , 5 5 p p .. cc.. Jan.Ma J S e u p l 1 y 1 0 00 0 1 8 00 8 u l O O2 Do. sp. Inscribed sk 100 t 7 Capo slope, 6 p.c.1873 100 Jut 104 Do. ALA.& Oct . IS9O-19 00 100 105 107 Do. do 188u-9Q 100 104 100 Do. Jan.arJuly , 1890-9' 100 102 10 Do. 5 per cent. 15 April anti 15 Oct., 1900 lOO 01 3 Ceylon, Nov. 1888, 6 p., 100 101 p. , 3 1/o. te7B, too to t Mauritius, 6p. C, 1873, Jan. and July D 0,11.78. • • .... •o?t881;•May !. 100 Ic3 14.0 P0..1:7415, Feb. At Aug— 100 100 107 Ant al 6 per cent lOO 48 14-0 • N. LIM 0v.6 p.o.J a.&,1u1) 100 0 e 8 S.W. GOV. 5 We., 1861, 100 It 1 9 Do. 5 t , .c. 18,1 to 187. 100 Do. 5 p.c. 1886 to 1893 100 85 7 New Zealand, 6p. cent 100 101 102 Do. 5 per cent.... Nova Sojtia Gov. 6p. 4. sterling, 1875 l9O 96 98 queensland Gov. 6p.t t. 100 91. 93 91 Ans. Gov. p,o 1888-y 100 ' DO. 1878 At upwards 1 ,.0 106 108 Vlo,btov. 6 p.c. Ja &July 100 - Do. do, April & Oct lOO 107 109 1041 mum Li MINES. • Cam. Consol. 1 Chiverton • 83 7 8 Clifford Amalgamated. SO 7 9 Devon G. Cons. (Tavist. 1 100 410 Drakewalls 2.1.0 1 11 East Bassett (Illogan) 294 22 24 East Caradon 2.11 .1 5 6 East Uarn Brea 33 3 36 tot Grenville East Gunnislake .. 8.3.0 6 East Love.l 3.9.0 10 E. IV'l Russell (Taviatk 11.2.6 31 3 1 Gam& StAubyn(G weu. 66 4 5 4 Great L.xey, limited all 18 17 Great South Tolgus 0.14.0 - Great Wheal Busy. • 14.0.t; G. Wheal Vor (.11elst , w 10 2G 22 2 1 3 Grenville 8.18.0 11 14 llerod's Foot .... 8.10.0 3: 31 llingston Downs ...... 5.10.6 23 51 y 4 011.:itintinr L .o.eale.4.1; e :,1101: 1 rit. a :uarat.c n art, .1. 13.17.4 s 2 1 t 14+19 llarke Valley 4.10.6 31 11 North v i rV v st hP i hB d e. elW e : n ßl c hajn e n les 8: U te: et. n Cd; y r °(11.1 L 1 e tl°Y l gl 4 u l. 72 1 / 411 . ;8; 6 6 ! '' '; 35 2 21-5 6 1 —2 '4 6415 8 3 — 1 8. Cir.ttdon.(St. Vleer) ai141:81 1 7611 1 11: 3 .1_206 1 ;13 0 29353:i I :176,11 a :3311 South Condurrow d n .3.Wheal Iran. ((Hogan 18.18.9 itray Park . 'l5 15.6 31 44 - Wheal Slary Wheal Sctou - Wheat Trelawney (Lis 5.17.0 10 12 • • rit•EFIGKENIIIIII bklAmlgb. South .Eitgtern (iteadingr ALna., £1.0.6), Ditto, t'ixed 4 per cent., 0..1 BaAItES AZID STOCKS. Metropolitan 5 per cent., 991 Midland A and B £5 pf, 103 • 1.124 ES LEASED AT FIXED RENTALE. Northern and Eastern, 5 per cent.. 50 Nottufg - ham and Grantham It. and C, FURIOUS liAll. WATT Bahia and San Francisco, li.n., gum. 7 per 0ent.,131 13 i; rest Luxembourg, 10i Sambre and MenNe, ;F01t.14.110N MI/slta. Don Pedro, Nor,h Del Rey, Epnt ISALLI 4 b. Anglo:Austrian, 7 Colonial, 37 Imperial Bank, 111 n.. 22 London 'link of Mexico and S. America, lim., 10 Loudon and County, 56} Metropolitan ilank, lim , 81 Midland Itank, lim. ' 18 4 Uniou. Australia, 46' 1 MISCELLAN Anglo-American Telegraph, 10 15/ Atlantic relegrapti, 42 3 DU 0,8 per /pint., 714 2) 70 5 Berlin Water Workif, lim., 124 Credit rOncler of lim . 2:3 Egyptian tom. and Trading, Inn., 3 English and Australian Copper ttudson's Bay, 161 I International' Financial Society, lim.. 24 London lieneral Omnibus Company, lim, 3 Merchant Shipping, Una., Pik Nat,onal Discount company, 13 Peninsula and Oriental Steam, 6! Rio de Janeiro City improvements, 20 Rio de Janeiro Gas, 24 Tele raph Cons ruc. and Mainten., lim., -- .Ditto, ilk Viceroy, of li.gypt, Mortgage, Loan, 72] SHIPPING INTELLIGENCE. (Tly Telegraph.) GItATESEND, Wednesday Morning. Arrived, March 19—Normandie), steamer, from Dunkirk. Arrived, March 20—Orion, steamer, from Rotterdam Giraffe, steamer, from Boulogno ; Fusilier, steamer, from Dunkirk. Sailed, March 19—Koontar, for New York. Sailed, March 20—Whisper, for St. Lucia; Panther, steamer, for Boulogne; Lord J. Russell, steamer, for Dun kirk; Velocity, steamer, for Calais. DEAL, Wednesday Morning. Passed, March 19—Wynaud, from London, for Colombo; Chanticleer, from London, for Nagasaki. 4.nchored—Blackburn (of Preston), from London, for Dublin. Passed (in tow).—Agilis, brig, from West, for London. A Western editor, when in durance for libelling a justice of the peace, was requested by the gaoler to give the prison A IAYOUrAbIe notice. The Pennsylvania RAilroad. The agent iu England of the Pennsylvania Railroad Company has lately sent us the proof sheets of the Twentieth Annual. Report of that corporation, from which • lengthened extracts were given in our last issue. This railroad is one of the greatest and most important in America, directed with all that breadth of conception, energy, and untiring perseverance which mark the grand undertakings of the United States. The company was formed in 1846 to construct a line from Harrisburgh to Pittsburgh, a distance of 218 miles, which was called the Pennsylvania Railroad. In joining by a direct communi cation the great manufacturing city of Pitts burgh with Philadelphia, the chain of the Alle gheny Mountains had to be penetrated. This was the huge barrier that had stopped every earlier attempt, and which the.citizens of Philadelphia met in the year 1846 to devise means to overcome. From Altoona the line gradually ascends the hills, rising at the rate of 95 feet to the mile, until it reaches a height of 2,160 feet above the sea, when it penetrates the summit , by a tunnel 3,670 fees long. -On the completion of .the line a preponde rating influence fell into the hands of the Pennsylvania Railroad Company. Yet this great company, with its 250 miles of trunk road was liable to be' thwarted at every turn by other lines, which were, in truth, but extensions of their own. From Harrisburgh to Lancaster, a dis tance of 36 miles, the road' was owned by another company, and from Lancaster to Philadelphia, run ning over 69 miles of rail, it was the property of the State. Thus the one line from Philadelphia to Pittsburgh was owned by three distinct -bodies. It became necessary for the Pennsylvania Railroad Company to obtain the complete control, which was finally accomplished by the purchase of the line from Philadelphia to Lancaster, and the lease of the road from that city to Harrisburgh. The principle which compels great railway com panies to continual extensions of their lines, even in an old and settled country like England is felt much more strongly in a young and rapidly growing country like the United States. No sooner was the grand base completed between the two large cities than every effort was made to push into the chief centres of the West, and draw to this line a share of the traffic. Three principal lines were se lected, in each of which the Company took a pre ponderating interest. One aimed at establishing a connection with Cincinnati, another with Columbus, and a third with Chicago. In spite of the difficulties experienced by the chief industrial institutions of the United States by the violent fluctuations in the value of the currency through the financial measures necessary to support the war, the directors have been successful in carrying out the objects sought, with the exception of their connection with Cincinnati, via Marietta. The policy of the company is clear enough. It aims at establishing Philadelphia as, a rival depot to New York for the export of Western produce, and to make that city the terminus 9f the great Pacific Lines which will connect San Francisco with the Atlantic. It is stated that ,Philadelphia is so placed by nature, that the barrier of the Allegheny Mountains delayed do construction of the line to Pittsburgh, and gave to New York the advantage of priority, and the formed channels backed by vast wealth and great interest have hitherto enabled New, York to maintain the monopoly it has established._ Not only does this powerful Pennsylvania tilroad Company turn its attention to the West—its view-s are Imperial in their magnitude, for in connection with the enterprising citizens of P h iladelphia it is about to establish an Ocean Steam Line from Philadelphia to an English port. To secure the traffic of the vast lakes which border the States to the North, a lease of 999 years, being equal to the freehold purchase of the Philadelphia and Erie Railroad, has been taken. Feeders also in various directions have been formed, which have all com bined to make this one of the most wealthy and powerful corporations in the world, and a national institution in the magnitude of its operations. But, however useful to the nation the undertakings of such a company may be a question of greater interest to the shareholders is the dividend earned. Such en terprises but too often eventuate in a loss to those who furnish the capital. In this instance the re verse is the case. From the day of turning the first sod to the present time the shareholders have re ceived 6 per sett. per annum ; and, ia addition to this, a bonus equal to 46 per cent. upon the original investment has been paid. Inde pendent of such dividends, the surplus profits have enabled the company to reduce the cost of the road from Philadelphia to Columbia by $900,000, and that from Harrisburgh to Pittsburgh by $6,426,855 ; while the equipment of the line, which cost $10,603,559, is now re p resen ted at $3,371,214. Not less important is the large increase in the sink ing fund, worth to-day nearly four times its cost on the books of the company. Thesecond mortgage debt, due in 1875, is through this fund already provided for. These are brilliant results to be obtained in the face of such difficulties as have arisen from the effects of_ the civil war. The works of this company are so varied and extended, the reports embrace so many under takings, either in connection with the Trunk Road as the absolute property of the company, or as mainly or in part owned by the company, that it is difficult to summarise its operations. IndeA, it requires a study of the subject and an intimate knowledge of the geography of the country to understand the work in all its details. We believe, however, that we have alluded to its chief outlines and objects, and. if we have omitted anything of real interest in ihis'important concern we trust that we may be set right. The subject is one of paramount importance, as the English undertakings of i a similar character have fallen into great disfa'vour, through the financial blunders of such lines as the London, Chatham, and Dover, the Great Eastern, and other • leading English railways. If capital cannot now be invested profitably in rail way construction in England, by a study of this and other great American companies it will be seen that the field on the other side of the Atlantic is still open, and almost boundless in its extent. The main object is to connect Philadelphia with San Francisco, the true route fioni Europe to China and Australia, and when that is accomplished the most vast and profitable line in the world will be in operation. So long as England works in harmony with the United States that line -will be little less beneficial to this than to that country, and it is true policy to make it the direct interest of such a powerful corporation to aid in lessening difficulties that may arise, and in soothing the causes of irritation which so constantly occur between these kindred nations.—Anglo-Anze rican Times. The Himalaya, screw troopship, Capt. Shute B. Piers, sailed from Portsmouth last evening for the Channel Islands with Nos. 1,2, and 5 batteries of the 6th Brigade of Artillery on board, to relieve the three batteries now on duty at the islands. The Himalaya returns to Portsmouth with the relieved batteries. The Royal Alfred, 18, armoured wooden frigate, 4,068 tons, 800 horse power, Capt. Fred. A. Herbert, flagship of Vice-Admiral Sir George Rodney, nindy, K.C.8., for service ou the North American and West Indian station, will go out of Portsmouth harbour to Spithead this morning, preparatory to trying her speed at load draught over the measured mile and otherwise completing for departure to her station. It is said that Dz. William Smith, who last week resigned the classical professorship at New College, is to be the new editor of the Quarterly Review. Share! I IMPERIAL PARLIAMENT HOUSE OF COMMONS—THIS DAY. The Briam took the chair at twelve o'clock. CHURCH RATE ABOLITION BILL. Mr. HARDCASTLE moved the second reading of the bill, the object of which was to enable the £50,000 or £60,000, the sum estimated as sufficient to keep the dif ferent churches of the Established Church of the country, to be raised by voluntary contribution. Various schemes of compromise had failed, and he thought the only way of surmounting the difficulty which had led to heartburning and ill-feeling was to adopt the principle embodied in the bill. Mr. B. HOPE objected to the measure, and moved that the bill be read a second time that day six months. He contended that arguments of "ticketing" was a most ab surd way of dealing with the question of church rates. Everybody was "ticketed;" the members of that house wore ticketed 31. P., some D.C.L.; and the use of such a clap trap argument was only worthy of a posting placard at a contested election. Mr. GORSE seconded th• amendment. If the bill was passed the deserving poor would bo the parties who would suffer by the falling off of the contributions to the offertory. Sir G. GREY said the matter had been so frequently discussed, it becomes quite unnecessary for him to detain the house for any length of time. He could not help remarking the empty state of the Treasury bench at x time when a question au important was under discus sion, because ho thought that the Government ought to express its opinion of the bill of his lion. friend, lie thought it contained the germ for the future settlement of this much contested question. Sir W. HEA.TIIOOp.: supported the amendment moved' by the hon. member for Stoke (ter. Itopo)- Mr: REID was of opinion that the best way of stating this question would be to read all the bills proposed to be introduced a second time and then to refer them to n select committee. lie thought that was the only course that was at all likely to bring about an equitable settle ment of the question. ➢ir. SCOUItFIELD said there was much to be said in favour of the bill of the hon. gentleman opposite, but he could not give it his support, because he knew the clergy were much opposed to having to go round annually and make collections for the maintaining the church in repair. There was nothing sensational in it. Mr. REMINGTON MILLS said a groat deal had been said about the churches being in disrepair, but. he thought it would be well if some information was given as to where a church was situated iu which the repairs were not effected by voluntary contribution. If the landlords would let their laud free of Church Rates that course would at once settle the question. Lord JOHN MANNERS said the reason the members of the Government were absent at the commencement . of the sitting was that a Cabinet council was being held at twelve o'clock. It had been said that this side of the house had done their utmost to resist the abolition •of church rates, but that he denied. His side of the house had always expressed a desire to agree to a compromise, but all the proposals that had been made in that direction for the last 30 years had been rejected by those hon. mem bers who represented the dissenting interest on the other side. He heartily and entirely dissented from the prin ciple of the bill under discussion, and, therefore, he should give his vote against the second reading. (LEFT BITTING.) LONDON GAZETTE—Iast Evening• CROWN OFFICE, MARCR 15. MEMBERS RETURNED TO SERVE IN THE PRESENT PARLIAMENT. Borough of Droitwich.—T he Right Honourable Sir John Somerset Pakingtou, Bart., oue of her Majesty's Principal Secretaries of State 31Aucu 18. Borough of Boston.—Thomas Parry, of Sleaford, in the county of Lincoln, Eq., in the room of Meaburu Stani- Mad, Esq., who has accepted the office of Steward of her Majesty s Manor of Northstead, in the county of York. 31AUCH 19. County of Devon.--Northern Division. The Right Honourablo Sir Stafford Henry Northeote, Bart., one of Her Majestfa Principal Secretaries of State. ADMIRALTY, MARCH 15. Georg , ' Birnie Hill, Esq., has this day been promoted to the rank of Staff Surguon in Her Majesty's Fleet, with seniority of 27th December, 1866. Mr. Joshua Thomas Staiii,s Flynn has this dsy boon' promoted to the► rank of First Class Assistant Engineer in tier Majesty's Flout, with sotti irity of B.h March, 1436 Z. MARcit lti. Sub-Lieutenant John Loftus Wilson to be Lieutenant in her Majt,sty's Fleet, with seniority from the 14th iust. COURSE OF EXCHANGE.. Last Evening. Amsterdam Short. 11 17 11 171 Ditto , 3 Mouths. 11 19 11 19* Rotterdam Antwerp — 25 35 25 40 Brussels Hamburg — 13 8 t 13 pi Paris . Short 25 121 . 25 20 Ditto 3 Months. 25 30 25 34 Marseilles Frankfort on the Maine 119. 120} View'. — 13 10 13 20 Trieste — 13 10 13 20 Petersburg ti - 31 34 Berlin nulrid — 48 481 Cadiz Leghorn Milan Genoa Naples — 26 87* 26 92* Palermo 26 92* 26 87* 52 521 52 alt Rossini Lisbon Oix)rto The Price of Gold. The quotation of gold at Parts Is about at par, and the short exchange on London is 25.15 per £1 sterling. On comparing these rates with the English Mint price of I. ioid. per ounce for standard gold, it appease that gold is about I.loth per cent. dearer In Paris than in London. rue qourse cot exchange at. New York on London ior bills at 80 days' sight is about 10 - sj per cent. At this rate there is no profit on the importation of gold from the United States On Friday, Sir Morton Peto will move " that a select CoMinittee be appointed to inquire into the means adopted by the London, Chatham, and Dover nail way company for raising the share capital and exorcising their borrowing powers under the various acts of Parlia ment a uthorising the construction of th© main and its extensions and branches." (4 --