The Sun. — London, England, 1856-07-23 00:00:00

MONEY Tit A`lR KE T AND COTITTIIERCIAL INTELLIGENCF, CITY, Two O'CiLOCN. The Li-v. 04001 Cotton Market yesterday closed firmly. The sales were estimated at 8,000 bales -500 of which were taken for export., and 2,000 on speculation—comprising 400 Perna•al and Maran harn, at bid. to 7fd. ; 1,500 Egyptian ; 400 Surat, at 11id. to 12VI. per lb. (500 export). The Railway Share Market was quiet, with an, apparent decline in prices. Yesterday afternoon it transpired that the Hert ford and Ware Bank (the principals being Messrs. Samuel Adams and Co.) had suspended payment. This establishment had the power of issuing notes to the extent of 23,6351., but for some time past its circulatien has been diminishing. An instalment of 20 per cent., or 1,000,0001., is due to-morrow on the loan of 5,000,0001. This has produced very little increase in the general demand for money, the event, as usual, having been previously provided for by most parties. There now remain only two instalments to be paid, and the entire amount will have been subscribed on the 18th of September. The fineness of the weather, and the easy condi tion of the money market, have produced increased firmness in the English Stock Market ; but there is still an anxious feeling with regard to financial affairs abroad, and the specie requirements of the Bank of France. This accounts for the dulness of the Paris Bourse, and the caution exhibited by our dealers at the Stock Exchange. Consols have been 951 1 1, and 951 for money. The account values have risen to 95k, 96 ; but the bargains were limited. The New 3 per Cents. have been 96i 1, and the Reduced 95i 96k. Bank Stock has de clined to 216. Exchequer Bills are buoyant at 245. premium, and the Bonds are 1004. India Bonds 22s to 265. There is an upward tendency also in the prices of Foreign Stocks. Turkish 6 per Cents. have risen to 1041 I, the Small Bonds to 1041, and the 4 per Cent. Guaranteed to 1061. Spanish Securities are all firmer, the Threes being 44/, and the Deferred 24 to 24k. Sardinian have been marked 92k, Russian 5 per Ce.nts. 1111, and Belgian per Cents. 97. Brazilian 5 per Cents. are 1011. Dutch 21 1 per Cents. 65k, and Ditto 4 per Cents. 97 I. The following are the nominal prices of Foreign Stocks :—Grenada Deferred Bonds, 7f ; Mexi can, 23 ;• Peruvian, 813 ; ditto 3 per Cents, 57 9 ; Portuguese 4 per Cents., 48 50 ; • Russian 5 per Cents., 111 13 ; ditto 4 per Cents., 98 100 ; Spanish 3 per Cents., 44145 ; ditto Deferred, 23i .24 / 1 ; ditto Certificates, 6i ; ditto Passive, si 7. Railway Shares have mostly advanced, but ex cept in a few of the leading lines the business done has been unimportant. Great Northern have risen about 11. Great Northern 1/. to 11. ss. Man chester, Sheffield and Lincolnshire, it., and South- Eastern, ss. Sittingbourne and Sheerness were to 1 prem. The Canadian Shares have attracted attention at previous quotations, but the Foreign have remained dull. The Riga Shares, however, are firm. The Bengal Shares which are in course of allotment are prem. Ceylons are 11 /, and Calcuttas 1 prem. Mines, Banks, and Miscellaneous are firm. BRITISH FUNDS THIS DAY.—CLOSING PRICES (From the Official List.) Engine, done. Salk Stock 3 per Cent. Reduced Annuities 96 51 61 3 per Cont. Consols AnnuitieS 9 ssiiii Raw 3 per Cent. Annuities Long Annuities, expire sth Jan. 1860 33 Ditto 30 Years, expire sth April, 1885 lBl 3.16 Audi* Bonds. two ...,...... Ditto, under £lOOO 26 22 p 00r1801.8 for Account Exchequer Bills, 24d. £IOOO £5OO Small 21 25 p Ditto Bonds, 1858, 3i per Cent. — Ditto, 1859 PRICES OF FOREIGN FUNDS THIS DAY. Austrian Bonds, 5 per Cent. Brazilian Bonds, 5 per Cent. lOll Chilian Bonds, 6 per Cent lO4. Equador New Consolidated Ditto Provisional Lana Warrant , Grenada New Active, 21 per Cent. Ditto-Deferred 74 Russian Bonds, 1822, i; St., 5 per Cent lll} Sardinian Bonds, 5 per Cent. . Ditto Account 92i i Sp anisb Bowls, 3 per Cent Ditto Account Ditto New Deferred, 3 per Cent. Ditto Account Spanish Committee Cert. of Coup. not fun 6i 1 Tarkihh Bonds, 6 per cent — Ditto Account lO4l $ Ditto Small lO4 Ditto Guaranteed, 4 per Cent. Ditto Account - Venezuela Bonds, 4i per Cent *yahle in Lancet:: Belgian, 2. per Cent., ex. 25 francs Ditto 4i per Cent.. ex. 25 francs Dutch Exchange, per Cent., i 2 Guilders 65t Ditto 4 net Cent. Certificates Peruvian Dollar Bonds, 4 per Cent. THREE O'CLOCK. Consols Ditto Account (Aug. 7.) 9si 6 ROYAL OREVORNE GARDENS. BUTCHERS' CHARITABLE INSTITUTION. The first day's fete for the benefit of the above excel lent association took place yesterday, at this highly. Popular place of resort, and was attended with that marked success which is the result of unsparing liberality and well-directed efforts. It affords us much pleasure to allude to this institution, the history of which, though short, is pregnant with good example. It is now less than thirty years since a few benevolent individuals de termined to combine for the benefit of their fellow tradesmen, yet the management can now with pride point to a sum of 14,0001. funded in trust, to thirty con venient almshouses, and to a list of above 600 aged, Widowed, and orphan recipients, whose necessities have been relioved, and who have been rendered, compara tively speaking, independent. The good ju lgment ne cessary to insure such triumphant results no doubt guided the committee in their selection of Cremorne and th e Ashburnham Pavilion for this year's demonstration; and we are happy to bear testimony to the excellence of the arrangements. and the number of the visitors bene fitted thereby. Especial notice must be taken of the Pavilion, which was changed as if by magic from the banquetting hall to the dancing saloon, where an excel lent band, brilliant illuminative features, and artistic decorations rendered the scene of that Fairy like charac ter which exceeds any brief description, and which ren dered the evening a red letter one in the calendar of charity fetes. The attractions of last evening, though Co great, will be increased this day by the addition of a balloon ascent and other novelties. LLOYD'S SHIPPING.—(This Day.) LONDON, July 23.—Wind this day at noon, S.E.; light breeze and fine clear weather. PonI , B3:MUM July 22.—Wind S.S.E.—Arrived— Star of the North (tpt. 42) and Ossian (s.s. tpt.) from the Black Sea. PLyitiOUTH, July 22.—Wind S.W.—Arrived—H.M.S. (mouth, from Portsmouth. EALitiOuTil, July 22.—Wind variable.—Arrived—Kate Evelyn, from Havana ; Agnes, New York. Off the port Titania, from Rio . Janeiro, and sailed for Hamburg. PORTLAND ROADS.—Sailed.—Catherine Elizabeth, for St. Kitt's ; Constitution, Port Philip. Orr TORBAY, July 23. —Gipsey Queen, from Demerara; Lena, Hamburg, for Buenos Ayres. (PER ELECTRIC TELEGRAPH.) PORTSMOUTH, Wedneday Morning. Arrived—H.M.S. Cueen, from the Crimea, with troops. SOUTHAMPTON, Wednesday Morning. Arrived—Osprey, steamer, from Portsmouth ; Ann, Waterford ; Caledonia, Sunderland. Sailed—Adelaide, for Newport. LIVERPOOL, Wednesday Morning. Wind S. Sailed David Croeket, for New York. QUEENSTOWN, July 21. Wind N.W. krrived—.Apollo, from Baltimore. WATE'R !ORD, July 21. • Wind N.N.W. r 'Arrived—Apollo, from Galata ; Maria Teresa, from Ibrail. (ST SUBMARINE AND BRITISH TELEGRAPH.) GRAVESEND, Wednesday, 10.2 a.m. Wind E.S.E.; tide, 6 hours' ebb; fine. Arrivad--Ann from Skive; Earl of Seafield, Cahn; 'xransport, Calc utta. ,Sailed 7 City of Rotterdam, for Dunkirk. DEAL, Weenesday, 9. 9 3.10. Wind calm. Paesed---Crown, from Colombo, for London; Indomi table (s.s. tpt. 7), Constantinople, for London. The suspension was announced yesterday morning of 1.40 gertford .and Ware Bank. It was conducted ,by Xessrs: Samuel. Adams and Co., and Mr. Adams is Also largely in business as a maltster. The Bank was -1 4 14 bl4rabed 43 years ago, and was entitled, under the !tot of 1844, to issue notes to the amount of 22,6354 ; annoraing to the latest returns, the total in circula •"ll-la only 13,123/. Nothing bas transpired with re ardio the prospeetkof liquidation. - B.ARE MARKETS. 'TT:US DAY.) RAILWAYS. raid .iLivere. Closing Prices th.a day An Nottng. Bost and Eastn. Jtmot.. Belfast & Birming.'verb \ ::!tour Valley l3irke.thd. Lanesh.ll , Cheshire Do. Chesh. ds Birk. Do., do. ...»..... .... Myth. &Tyne origir.a £25 (incl. at £46 Bristol and Exeter... Caledonian. Chester di Holyhead. Cerk and Bandon Cork, Black, & PRIV; Cornwall Do. A Do. B Dub[inaßelfastJune Dun. P. eh Ab-m Jne, East Ax;glian Eastern Counties mast. linion. A Sti Pe., B. Stock. Do., New A East Kent East Lancashire .... Fdinburgh rs Glasgo Edinb. ant:: Peebles._ Edia.Prtt 6a Dunde Forth & Clyde Juna, Furness Do. Extension... Glasgow &S. Wcstr Great N. of Scotlnd Great Northam Do., A. Stock..., IDo., B. Stock fit. Sth . &Wost.(lre. great Wafitern Do. Stour Val. Rai Qua. Stk Irish South-Eastern. Lancastor & Carlisle Do., Thirds Do. Now Thirds Lancash.andYorksh Do., Wet. Riding Un Do. South or t London k Blackwall Loud. Bright & S.Cst. Lond. and N. Weetn Do. Fifths 1)0.101.5h.,M&8...C1 !Do. Eighths,. 1 1 LonionandS. WAFtn. Lon. Tilby. & South. Barking Sh ... (Lndndrry&Coleraine Lndndrry. & Enni.A. Manch.Shet& Linolp Do., Man. & Lin. Ern Metropolitan Midland 190. Birmng. &Derl) SEM. G. West. (Ire, Do. Half Shares Newcastle & Carlisle Nwpt.Aberg. & Hrfd Newry & Enniskille , 'Newry, Warrenpo - nt and Rostrevor !Corfulk 4orthn.Counties lln North British Nth. Devon Rail & Dock Stock Do., A Stock r)o. B Stock N.Eastern—Borwic (Do. do. Extension Do.do. G.N.E. ?larch Do. Leeds Do. York. ' North London &S. Wstrn.,HamT stead, and City Jn.. North Staffordshirs., North Western ....... S. Westra. June. Wore.. & Wolv. Portsraouth T•cottish Central... 4cottishMidland... ?hropshire Union 3onth Devon , 3outh Eastern South_ Wales 3. Yrish. & Riv. Dar• 'lstaine4, Wok. &Wo lockton k Daring. Do., do., 1854 Do., do., 1855 itoAten 411 Hartlep Call Vale )o. Pref., No. 1 shames Hay. D.& R. Vale of Neath Waterfd. & Kilkenn , Vaterford&Limerict West Cornwall. West End of London and Crystal Palace Do. A Do. B West London. 1 Wimbledn & Croydonl 28 - 30 -4, -- 19j 203 16 d 18 13j - 143 96 - 98 60 - 61 17 - 17 12 - 14 ... '. ... 1- 3 i 10 - 11 18 - 19 101 - 10 37 - 39 26 - 28 86 - 88 61 - 63 38 : 39 94 96 8 8. 97 98 77 78 .30 • 132 .13 - I's 62i o r , 63 73 • - 76 64 -- 74 6i - 97i - 984 7 LO9i 1106 LOB 1086 1 li r r $ d 063 - 1076 1 1/p 34. - 35 id par 83 54 56 .» - ... ii - 16 55 - 57 34 - St 38 39 874 - 883 34 - 3 2j - 11 185 - 19 624 - 634 94 - 96 44 - 4f 6k - 6 11 - 32 - 34 108 110 77 79 49 - bl 15i 16; 74 75 80 82 4 2 - 15 —1 7 id 37 - 38 19i - 20} 5 - 5i 24 - 26 6i - 6 - 8 2 - 4 5i - 5i 7 - 9 FOREIGN. Antwer ndritottord.-..¢ Ardennes Atlan.& St.Lw. leased at 6 p. e. by Gd.Tnk. of Canada Belgian Eastn. June Beriers to Graissesaa Bombay, Baroda, an Cep. India, g. 5 p. Do. I Buff & Lk. Hur. Ry. Carmeaux & Toulouse Coal Mines and Ry. Demerara Dutch Rhenish Eastern of France ... Do. New East Indian, g. 5 p. • Do. Fx. B, gu .5 p.c. Do. E. C, gu. 5 p. c Do. do. D, gu. 5 p. c. D 0.4 j p.c.Bnds. ,'57 Do. do. do., '59, do. Geelong & Melbourne guar. 5 per cent Gd. Tk of OanadaAie Do. Cert. of Debon. con. into Stk. till'(!: Do. Comp. 6 p. c., do. Gt. Central of Fran,: Gt. In. Pen. g. 5 p. c. Do New, guar. 5 p. c great Luxembour Constituted Share Gt. Western of Canada Shares Do. New Do. Eds., payable '57 Do. do., '76, p. Do. do., '73 do. Do. do., '73, without option Lake Const. & Basle Lierre and Turnhout Lombardo Venetian. Lucca 4 Pist. 5 p. c.p Lyons and Geneva . , 3yonB & Mediterran Aadras, guar. 4 p.c Do. New do„, 5 p. c Do. 4i p. c. Eaten Do. 3d Ex., g. 5 p. c ktaria Antonia )o. do. Now lamer dxMge (wit, interest) (ex interest)... Do. do , C p. c. Pref lorthern of France ''iorwegianTrnikPre 'aria and Lyons )itto Bonds Paris and Orleans Recife & San. Fran , (Pernam.) g. 7 p. c. Riga & Dunaburg is. at 80/. per share .. Rome and Frascati.. yal Danish Royalßwedish..,, iainbro and Mouse_ p. cent. Prof icinde, guar. 5 p. c Do southern of France.. Andrew's 11,11( _Quebec (A). •Vest Flanders al; Do 64 per c. Pref all & N. W. of Franc. tal West. of Switzerland all Wiesbaden .. •1l Zealand. TOTITNSTOI knstrAlssi a ..... Rank of Egypt 'Bank of London 'Bri. Col. Bk.& Ln. C itritigh N. Americay Chartd. Bank of Asi/ Ohrtd. Bnk. of India, A.ustralia;S; Chino City Colon's' Commercial of Lond gn oot. Sam. CM Loud. Chart. Bk. o 1 Australia t)itto New tendon and Couni j Lna . &E. Bnk g. Corp. London Joint Stock. London and Paris Westminstm gatienal Pro.of Enr Do. New Nationt.l of Bank ... New South Wa'e!„,„ Oriental Bank Corporati.n. Ottoman Bank Provinoi4 of Ireland 1,0. Now R &us ft St Go Im C 4 Royal British. Month r.stralik. 17nica of Anstrilhe,.;. Do. 144* 4.l7ntiou ; Western BkotLond 8 - 84 4 - 5 li-, 2 J 2 3 p 2k 2a 1.• '..." - P 5 - 5i 37 - 374 231 - 231 231 - 23; 21 3 2. - 23il 24 - 25 i 3 - 14-4 85 - 86 7 - 22t - 22i1 2i -24 p 5i - 51 2 5 1 - 26 i' 3 - 2i, 100 - 102 124 128 124 - 128 111 112 5; 5 a P - pr, 11 - 12 1 211 - 21 24 - 3 r 2 - lip -- 9h - 93 8i - 9 20 - 20. 42i -42 i 8i - 9 56f - 56 ii 7 is 11 *- lip ... 19i - 20 1 - 1i 111 -11 A 94 - 10 3i • • - .•. --- pm 6 2 4 37 - ig 19 - 20 S iNß€s<. 1021 1034 1k - 70 - 72 ..„ i - 1 P 73 -" 75 • .. "". • • . 17i -- I£4 20i 21; par 1p 2 - 4p ...II -- II • 4 '4. • ii - EC, 41 - 42 3 43 45 36 - 38 71 73 8 9 ~I:2p ''4- , ' , :lW)?l*.:r. _N. k.iW __~,:_ _ Buslneso done this day ihr. 45 all 100 all 100 lioo 82.. 1.00 100 all ell all Si all 5i all all all all 601 1 17 184 104 i 114 624 1i 3i 2i i 97 8 i 7 1091 9 10 108 k g 8 10! 6f 34i 4 5 84 Si 'a 4 ei x in a in I in 61 x in 51 13i if xin 24 x in 233 3 x in 13 a in I In 14 i 85 i 211 xin 2.1 a xin 4i x in 26f 8a Z in 22i xin z in 20i 421 x d t6i xin 5 i 191 4534 771 28 x 4 " Tfi2 6UN LoNDO i t ' , WEDNESiIiA _EVE. I.t JULY 23 5 16 6t LINES LEASED AT FIXED RENTALS. LIMITED LIABILITY.-LAW OF PART- what no statute which human ingenuity can devise is sufficient to achieve—namely, exemption from the possi bility of abuse—the legitimate °frets of the measure seem to be very effectually wrought 00 ; and the privi lege of associating in profitable adventure, without in curring the risks of unlimited partnership, Are secured for the public on safe and easy conditions. IVERSHIP. Leacia. C Priem , 'menage Ri.r. Po. ci. IsinLwAYM. Compan this (14. ;him : 3 • V! sr.. Belford and Lond(a & Blatz..bloy N. Wert. ~. St. 100 Bnekghamsh. L&N.W. 95 100 St 100 ClydesdaleJc, Caledon 100 105 15 all Col. Stour Vy, E. Un. & Sud. and Hal. E. C l2 14 St. 100 E. Lin. g.fi pc. Gt.rTrtun 135 139 5 all E. Un. H. Sh. E. Count 4 4i St. 100 Gins. Barr. & 'qaldonian Neils. Direct •.. St. 100 Do. New......1D0 — 2"t all GlstrA Dn.Pr Gt. Westn 23 30 9) all Hrtlpl. Dk. & Yk. New. Railway & Berw. 50 all Hull & Selby Y. &NM , 107 109 25 all Do. Sharer. Do ••• lore 12d all Do. Shares. Do ••• 1.2 i all Lon.&Greenw S. Eastern 12 - IP4 10 all Do• Preference Do 23. 244 St. 10,.) Lon., Tn., &S. Pao &Co ll4 117 St 100 Lowestoft gr. 4 per cent. Norfolk._ 1.00 Do. 6 per ct. Do ••• ••• 5. all Manch. Bstn. L.& N. W and Matlock & Midld 2i —2i 50 all Middlesbro' & Stektoir& Redcar. . Darliugt. t. 1.00 Midld.Bradfd Midland 94 96 54 Newmarket Bury E. G.spc En. Coml. 4 A n pm 50 all N. 4 Est.s p. c. E. Count. 58 , ;0 all Do. 6 per ct. Do •.. ••• /0 all Do. Fisods pc Do — ••• '5 all Prost. & W yre L, &N. W all Do. Shrs. A Do it. 1.00 Roystu.&Hit. GtNorthu 135 133 5 18? Shot Roth.and Lancash& Gooleg.s p.c. Yorksh. 0 all Shrews.&Her. T. Brassey 74 8 2 10i S. Staffordsh. M.MClean 2t 0 4.11 Wear Valleygr Stockt. & 6 per cent... Darlingt. lore 5 all Do Do 33) j • —34 i 100 Wilts&flomrst GtWestn 9O -- 94 This measure, according to a good I‘.liniAerial autho rity, is much too complicated, and conceals the great prin. ciple which recommends it to one party and has excited the fierce hostility of another— " limited liability"— u ndcr its title of " Joint-stock Companies Bill." It is for the i s .rporation and regulation of joint-stock companies and other associations, and is intended to supersede the pre sent enactments on the subject. It is carefully and sys tematically drawn and is divided into five parts. The first treats of the constitution and incorporation of com panies and associations ;" the second, of " the manage ment and administration of them ;" the third, of " winding-up ;" the fourth, of the " registration-offica ;" and the fifth relates to the " repeal of former acts and temporary provisions." The bill has 117 clause', and, with the schedules, it fills 54 pages. It repealA, with some reservation as to insurance companies, the 7th and Bth Vict., c. 110, the 10th and 11th Vict., c. 78—the Joint-Stock Companies' Registration, Incorporation, and Regulation Acts ; the 1 8th and 19th Vict., c. 133, the Limited Liability Act of 1855, with a reservation as to any companies completely registered under the 8:11 of her present Majesty. It repeals also the 11th V ct., c. 45, and the 12th and 13th Vice., c.lOB, being the Wind ing-up Act, so far as concerns companies registered under this act. It is intended to comprise, therefore, the whole law on joint-stock companies and associations, and is a consolidating, repealing, and amending act. Its chief and numerous provisions are a re enactment, with amendments, of the existing acts for incorporating joint stock companies, for allowing companies to be formed with limited liability, and for winding them up. Its short title will be " The Joint-stock Companies Act, 1858." LOBBY OP THE IPM3P.;_,OP COMMONS.- FRIDA Y. PREFERENCE SHARES. St. 100 Aberdeen Deben. . 54 90 St. 100 Do. 6 per cent. St. 100 Do. N 0.2, 7p.a. , ll6 118 1171 25 at ilythandTynolOpm c. pref. (issd. at 501 ... St. !00 arid. & Ex. 4p.c. St 93 -- 95 20 5 Do. 4p. c. Shares St. 1'.)0 Jalodonian £lO 101 103 15 al. Ihes. &Flo. Gu. 51 pc 16 —l7 91 all Jo. do. Prof. No. 2. ... 2A all Do. do. Pref. No. 2 ..- 64 all Cork Ekßandonslp.c 5 51 Fi al Duu.Prth Aber. J. 6 61 10 2 & Anglian Cls. ASh St. 100 Do. do. Cls. B6p. c. 107 112 St. 100 Do. do Cls. C7p. c. 100 105 all gas.(lo.Ex,spcNci. 1 pm 6 all Do. No. 2 10 al: Do. New 6p.a. St 13 13,1 20 all Past *Ern., G. 6p. c 5 all Jo. 51., 10 per cent ... 10 all N.. 101. Debentr.Sl . ht. Ili Do. do. 4 per cent •-• St. 101. !rast Lanca-h. 6 p.cts 137 • 139 5 all 7 ,.kW. York. J. stht 10. 3 &lin. & Gl. 5 p.c. sh. Bs. 100 Prth.&Dun.4p.c 78 SO 20 all Furness • • .•• x d St. I O 4las. & S.W.O. 5 p.c St. 100 Treat Northn. sp. c 119 .121 St. 1.00 Jo. sp. a. Redeem. at 10 p. c. prom lll 114 St. [Ol, Jo. 41 p. e lO5 107 106 12 74 Do. 5 p.c. Scrip, Red ‘t sp. c. pm... 1 ip 10 all of Scot. latire , • St. 101) , It. S. 4r W. (Ireland; 20 13 Do. 4 per c. Prof. S 50 6 it. W.(B.kH.Exspc 6 —6; St 100 )o. con. red. 41 p.c. 95 97 St. 100 )9. con. red. 4p. c. 88 1— B'.) St. 100 Jo, irred. 4p. c. 89 91 89. 001 90 St. 1.00 Do. sp. c. red. pref 98 • 100 991 8 all Do. Birm. Prof. Sq.. 10 101 10 10 all Do. Chester Bp. c. P.S 171 —17 i 10 all Do. do. sp. c. do. 104 10i St 100 Do, Birm. Qua. Stk 75 —77 751 23' all Do. Ches. Qua. Sh 2Ol 211 13. all Do. do. do lo 103 20 all Do. do. do l5l —l6 16 6',an. &York. F. £l. St. 100 Do. 6p. c. Stock !38 - 140 St. 100 "Am.&Brigh. G. 5 p.c. ... 121 St. 100 Do. Prof., sp, c. St. St 100 Do. New Onar.6 p. c St. 100 iDo. do. 5 per cent . St. 100 ' Lon. &N. W., Cm 4, Nuneaton 5 p. ct... St 100 on. & S.W. 7 per ct late 3d Shares .. 158 162 12r all ,ondy.& Colcr. ASh 12 Londy. & Ennis.; ,S l; . . St. 100 !a1.,5.,& T.. 6p. Cent 122 125 124 6 41 Do, do, do, £3 1 St. 100 Do. do. 31 pEr con+. 65 70 68 i 2: all 'etarypt .& Carl.4p c. 12 , all Do. 4A per cent • 12 101 Do. do. St. 100 Aid. Consol.6 p.c.St.• • St. 100 Do. Con„Br • Bir.6r 138 140 St. 100 DA. 4i p. c. Pref. S 101 •—• 103 11.011 St. 100 Ditto L. &11. Prof. Si 91 93 10 in New., Aber., &e., pr. • 5 p. e. red. 5 p.c. pm. 10 2 Do. Perpet. 6 p ct. with optn. till '66 11 2 P 10 all Norfolk Debenture . St. (00 Do. Pref. sp. c. Steel, St. !QO Do. 5 p.c. Ext — St. 100 Do. 51 per et. pref _ Bat. 1.00 Do. Way. Val. 5 p.c . 100 North British lO5 —lO7 St. 100 N. E. Berw, 4 p.c. P 97 98 17 B'l Do. do. do 1 . d 20 13 Do Leeds 6 p.c 121 9 Do. do. Quarters 25 10 Do•Yorkil.& S. Pnr. 1 1 20 all North Staffordshire. . St. 1O) 0x,W0.&W.15/ 6pe 1 1 111 113 12i 10 all Do R. Pref. 101. Sh. 81 all Soot. Cent. ,New Prof pm 25 all South Devon l5 16 10 all Do, fixed, 44 per cent (O.F all S. Eastorn (Reading Ann.) of £1 Os. 6d. 24 241 3t. 100 Do, 41 per cent._ 102 105 10 all Do. Fixed 4i p c sh. 10} 101 3t, 100 S. Wales Gus.. 4p. c. 3t. 100 Do. do. 41 p. 20 all S.Yorksh.4p.c.Guar — 25 all Stock. & Dar. ,sp. c 25 15 Do: do. do 2i —3i 121 all Stock. & Hart]. g. 5 p. c. till July 1,'59 . . ••• 5 41 Waterfd.& Kilk. 6p c 21 lid 21 MINES. 1 all &gun Fria . 10e all A.aglo Californian 20 7 Australian ll 11 1/ 1 all Baden (Gd. Duchy of 50 all Blaanar. Iron & Coa 20 14 British Iron 4 • 6 35 261 Brazilianlmp.(iesue.l at £5 pm.) 30 all Do. Comes & I:M3,h:A 3t 3i 3. 20 15 :Do. St. John Del Rey 21 23 1 jClarendonCons.Min Co. of Jamaica — alp 40 all ICobre Copper 57 59 57 5 1 h ; Colonial Gold St.. ati 'Copper Min. of Em,. 30 35 25 all Do. Pref. 74 p. cent 25 27 ... ld Copiapo ......... 16 18 2 1/ Fortuna — 20 all,Gent l4 —l6 1 all `Gt,NnggetV , 3iußeg.. A 41 all 'Grout Polgooth 5 all .Gt Wheal Vor United 1 id 1 all Liberty — 3 all Linares Bi 81 5 1/ I.usitanian — 1 e.ll ffariquita I all i New Granada 1 all 'Nouveau Monde 20 all ,Pontgi•Sil.& Le. Min. 11 12 5 1 (Port Philip 1 all Quartz Rock — 50 all .Rhymney Iron 26 28 15 all Do. New 8 10 30 141 1 Santiago de Cnba 2l 3 ... 6s. 'Sort. Cons. Min. Co 2B 2i 2i 1 all South Australian. 1 all Do. Scrip 1 all !Do. 10 per cent Pref 41 ;Tam. S. &L. Min. Co. 1/ 21 10 all 'rin Croft 4 -- 41 28k all United Mexican 3i 4 1 i4l Waller 1 311 West Mariposa . • 1 12s Worthing Mining of Australia — MISCELLANEOUS. 26 t 9 Australian Agricult. 25 27 le Australis. Royal Mail , 34 10 all Berlin Water Works , 54 6 50 40 aril,. American Land ,„. „ 100 3 2 Canada 127 -- 130 St, ,ilO C. G0.13p.e. Jan Sauly 1144 115! 1151 St. 100 , Do. 6 p.c. Feb & Aug St. WO ' Da. 6p c. Mar & Sept 5 all Crystal Palace.. 1 2 --2 '2l 5 all Do. Preference. . 4 a' I Crystal Pal. of France ' 1 fi Ouston Iron Ore 20 154 Eastern Steam .... . St. 100 Electric Telegraph 92 94 94 1 all Electric Teleg. of Ir. 5 all En.&Aus Cop Sm Co 11 14 25 all Gen. Iron Sc Collier 15 14 Gen. Steam Navigat. „.. — 16 all General Screw Stztani .„, 131 4 all L o ud. Gen. Omnibus 44 41 20 10 Magdalena St. Navip; 10 all Nlediteran. Elec. Tel, 10 9 'lf exican &S, Amerien. 4 41 44 4 25 5 Nat. Discount Co. lf . 2p7' 6/ 1 all Nat. Pat. Steam Fue, 10 5 Netherlands Irand l4 2 20 a ll Do. Do. 5 3 Do. Bperissatld 100 80 New B. & N.S. Land 25 27 N.S.W. Gov.sp.c.D, ,„ d N AL 4 8 / 1 ; °ru t ; oaPi P. - .Australasian 14 t : 14 144 1 1 all Oriental Gas ll I 2s. Do. "New Shares" A _ p lln all Peel Rr. Id. & Mina. 24 31 50 all Peninsular& Oriental 64 66 50 10 Do. New.. 44 NT 15 100 50 Royal Mail Steam 70 714 2 1 ‘,ll Scot. Austral. Invest. 14 11 1 Ditto New — 25 lb South Austral Land 361 37( 1 aL iubraar. Tel. Scrip... - 1 04 1 al D o , Revisten4 . . ,„, 1 must* L.Cox.ca n . 100_ ;! 6t, ct4t. Theat.no: 1 4 „.„ 4 1 16 _ V. o 3o.6P. o •Jaluk/n4 „, •••• -~,; : - .~ ' It commences by excluding from its operation associa tions for banking and insurance, thus virtually enacting one law for banking and insurance companies, and an other law for other and similar associations, while it is desirable that all should be regulated by one law and on one principle. By the first part of the act seven or more persons asso ciated for any lawful purpose may by subscribing their names to a memorandum of association, and otherwise complying with the requisitions of the act in respect of registration, form themselves into an incorporated com pany, with or without limited liability. Fewer than seven persons, therefore, cannot under this act form a partnership on the limited liability principle, and it ex pressly prohibits all companies onceregistered from carry ing on business after the number of shareholders is reduced below seven. Companies, accordingly, may be wound up whenever the shareholders are reduced in number to less than seven. With this restriction, and the restriction mentioned as to banking and insurance, it enables individuals to form companies for any lawful purposes, on the principle of limited liability to the shareholders, and bestows on them, subject, however, to many intricate and onerous regulations, all the powers of incorporated companies. Immediately after this limited permission then comes a prohibition. As not fewer than seven persons can form a company, so not more than twenty persons will be able after Nov. 3, 1856, to carry on business of any kind haling s gain for its object, unless they are regis tered as a company under this act, or be authorised , by an act of Parliament, or letters patent, or be engaged in working mines under the stannaries jurisdiction ; and persons so carrying on business will be severally liable for the payment of the whole debts of the partnership. The memorandum of association by sub scribing which any number of persons above seven may form a company, and which is consequently the ba-is of the whole, is to contain the following things :—The name of the proposed company ; the part of the king dom in which the registered office of the company is to be established ; its object ; whether the liability of the shareholders be limited or unlimited ; the amount of its nominal capital ' • the number of shares and amount of each share ; and if the company be limited, this word is to be the last in its title, thus, " Eastern Steam Packet Company, Limited." For the memorandum of association there is a prescribed form in the schedule, and this memorandum, when registered, will bind the company and the shareholders as if each shareholder bad subscribed his name and fixed his seal to the me morandum. It will consequently be a very important document, to which all persons engaged in forming com panies will have to give the closest attention. It is impossible to advert to all the minute regulations of this extensive act. The above are its leading provi sions. We must content ourselves with saying, that in the first part, "the constitution and incorporation of the companies," it prohibits companies from assuming the names of existing companies, requires each subscriber of the memorandum to take at least one share in the com pany, permits articles of association to be annexed to the memorandum prescribing regulations for the com pany, but they must contravene the voluminous- regula tions for the management of companies annexed by sche dule to the bill. The articles of association, of which the form is prescribed, will, like the memorandum, bind the company and shareholders, as if each shareholder had subscribed it, and, like it, will require the attention of all associates. Memorandums and articles are to be registered, and certain fees are to be paid for the regis- , tration, and, when registered, the registrar is to certify that the company is incorporated, and if it be limited he is expressly to state it. When registered, the com pany will have the power to issue shares, &c. There follows numerous regulations concerning the registra tion of shareholders, with which the first part of the act concludes. . The second part prescribes in detail how companies are to be managed, requires them to have a registered office, to paint up the name of the company, and to have it engraved in legible characters on the seal and all no tices and documents, and inflicts penalties for' nonob servance ; it ordains general meetings, permits special meetings, defines special resolutio n s, and requires copies to be given to every shareholder. Companies must have permission of the Board of Trade to hold more than two acres of land, and must keep minutes of all their proceedings. A description and definition are given of the legal instruments of companies, and provi sions are made for adapting their proceedings to the English and the Scotch law of conveyance. The Board of Trade may order an inspection of the affairs of com panies, and companies may appoint inspectors of their own to examine their own affairs, and the reports of these inspectors are to be evidence in legal proeeedings. In short, as far as we know, the management of the companies is fully provided for ; but experience has taught us with overwhelming proof that all such regu• lations are, after a time, found to be inadequate, incoii plete, and injurious, and therefore fall into desuetude and become obsolete almost as soon as enacted. We shall say nothing of the provisions for winding up—the third part of the act, which carry out more ef fectually, and are consequently very numerous, the pro visions of the previous acts on the subject. Nor is it necessary to say more of the fourth part, the " regis tration office," than that the formation of the office, and the appointment of all the persons connected with it, continue to be placed entirely in the hands of the B rarl of Trade. Every precaution which legal ingenuity can invent seems to be taken to make trading companies, whether formed on the principle of limited liability or unlimited liability, perfectly safe. We cannot say that the Legislature now or at any time in making new regulations as to companies, with which it has occupied itself off and on for about a quarter of a century, has meant to place impedi ments in 'the way of the formation of companies to carry on business ; but certainly the effect of sub jecting them to heaps of cumbrous regulations to which private business cannot be subjected, places them in relation to it at a disadvantage. We shall be surprised if encouragement be really given by this act to the formation of companies. The Legislature, from some old and we believe unfounded prejudice—for there is no reason why men should not be fully at liberty to carry on honest business of all kinds by means of con venient associations as by single hands—and many rea sons why they should —may have endeavoured to pre serve advantages to private traders as against eompanies ; but certainly, under such complicated and often-changed laws as ours, it is surprising that such associations have bourished at all in competition with tolerably free pri vate enterprise. They must be very suitable to the cir cumstances of the age, or rather they must now be ne cessities of society, to succeed in spite of all the impedi ments sometimes, perhaps designedly, laid in their way by legislation since it began in 1826 to sanction means to promote their establishment, and the sue •ess of pri vate enterprise, as general rules, are not doubted ; and when associations, incu.nbered by minute legislation, flourish in spite of it, they must be very much needed. (From the Morning Chronicle.) The Act for extending the principle of limited liability in commercial partnerships is now in operation. Briefly summed up, its provisions may be divided into four cate gories —those, namely, to Registration, Management, Publicity, and Winding-tip. For the. first .object the mechanism provided by the Act is very simple. A single sheet, called a "memorandum, , is obtained at the api pointed offices. The names of at least seven copartners in the incipient enterprise are inscribed thereon, and • certain blanks filled up indicating the ' name; locality, object, character, and capital of the concern—a suin. of 51. sterling is paid, and the•registration is complete. The company is then organised, and may proceed to business forthwith. The clauses relating to the other obj ec t s o f the mea sure run into very elaborate detail. The prinCiple on which the provisions for management is framed is almost identical with that incorporated in the existing railway and joint stock companies' acts. Oare is taken_to secure for the shareholders the means of obtaining constant in sight into the affairs of their undertaking, "and of control• ling in case of need the operations of their directors. By the " publicity" clauses a similar insight, though unac companied with, any. control, is provided for the general public, whom the Legislature evidently contemplatei in the light of probable creditors and possible dupes of an .insolvent enterprise. The scheme for winding up companies formed under the act does not differ materially from that provided at present in the case of other associations. Some improve mentS are introduced as regards the cost or the compli-. city of the legal formalities, and some slightly woo stringent precantions are taken against fraud upon the shareholders or creditors of the concern. But, in its chief features, the old sy,tein is preserved without alte ration. As a general result, it may be said that the new act is easily, and effectively workable. A new company may be formed under it with very little difficulty or expense, and the operations of the intended enterprit e can be eon , ducted on a sound bails of profit, with little, obstruction from technical formalities. To protect directors ri•om encountering trouble and annoyance at the hands, of dis trustful or litigious shareholders Was, no doubt, practi cally impossible—and not leSs so to shield the share. holders from suffering loss by the acts of-reckless - siz dishonest direotors. But if the sot does not accomplish ( From the Liverpool Albion.) A NEW MEMBER. The galleries were filled with strangere ; the lobbies and passages with others hoping to get within the pri vileged precincts of ear-shot in good time ; and an un commonly long while that good tire'eeeined in coming, especially as its duration was double& to the expectant listener by the perpetual tintinnabule tion of electric bells ringing to division, whereof there we.ee no l ess th an six in the course of the evening. The mak, rities of the parties present had a staid, grave, anxious, seeli"cleric ai ) demi-redtapical air about them, very differon to the indifferent aspect observable among a miscella 'm ug crowd of curiosity-hunters on an ordinary afterne ) m- This was accounted for by the nature of the busine." going on inside, namely, let, the Lords' amendments to the Cambridge University Bill, which brought up no end of town-and-gownsmen, past, present, and prospec tive peers, commoners, and uncommon collegiate sin gularities of all sorts ; and, secondly, the indescribable cormorants who feared to lose, and the harpies who hoped to clutch, something or other in connection with the new Civil Service Bill. This is now luckily among the many dishonoured acceptances of Palmerston and Company —or rather of Palmerston only, for there is no company in the concern ; at least the head of the house alone is thought of when the public are called on to give credit to the firm, or the "infirm," as Derby describes the Cabinet. On its being known that this measure for - the curtailment of Tapers and the elongation of Tadpoles was withdrawn, that Government had again repudiated its own draft, there was an immediate clearance of one-half the multitude aforesaid, whose illustration of the Benthamic doctrine of the greatest happiness of the greatest number con sisted in a lively regard for the concernments of Num ber one. As they were leaving the lobby, however, a bustle and a fuss, and a lifting of hats, and a plurality of bows and courtesies, on the part of members round the door, betokened that something unwonted was tran spiring, further proof of the fact being afforded by the presence of ladies peering through the crowd of senators at what appeared to be one large bale of salmon coloured satin, placed on end, and on© ditto smaller ditto, considerably darker, and by no means so erect. Drawing nigh, there became visible a towering Asiatic, as gorgeous as Mr. Disraeli's Sidonian "Mystery," and certainly as splendid a specimen of Oriental or any other humanity, Caucasian or what not, as Anglo orbits ever rolled over. A majestic visage, massive, yet finely-cut features, with a grand Columbus-contour of expression, snow-white whiskers, beard, still black in parts, sweeping over the throat, surmounted a huge but nobly-shaped trunk, whose every inflection was full of dignity and ease. The complexion was fair even foran European, with just the least tint of saffron, like the plumage of a three month-old hen canary. There was " pride in the port, defiance in the eye," but withal great joviality and good nature ; and he shook hands with the cordiality of a rat-trap, which caused several of those he sa saluted 'to jump as though they had been embraced by a wild cat. " Gentleman" was written unmistakeably all over him, and Turvydrop, senior, would expire with envy to be hold his unsophisticated mastery of "deportment, which seemed to " snatch a grace beyond the reach of art." Altogether he was worthy to be occupant of a throne of " Ormus or of Ind," or wherever the east, "with richest hand, showers on her Kings barbaric pearl and gold." Barbaric indeed were the pearls, both in the enormity of their size, the roughness of their condition, and the artlessness of their setting. The jewels, which flamed in his pyramidical head-piece, were in the rudest condition as to cutting, several of the greatest value dangling right out from the cap, by a single wire, with apparently no more dressing than the day they were found, but proclaithing their worth with a lustre which all the lapidaries in creation could not impart to spurious gems. His hands were as poetically small as Byron found those of the old two-legged lion of Yanina ; his feet correspondingly diminutive ; so that the pair of them could be very conveniently placed in one of Alboni's ! shoos when she plays the heroine of the glass slipper. He had slippers, too, which he kept on the tips of his toes as easily as an Englishman would gloves on his fingers, striding about the ball with them as though they were a couple of the tightest fitting of Hoby's Hessians, era those picturesque calf squeezers had departed. By his side was a darker, and altogether i n f e rio r , though still highly respectable-looking personage, with rich 'and showy, but less sumptuous atti re th an that of him who was evidently his master, and whose sword he bore. A tolerable load the said sword seemed, with its gold mountings, and precious -stone settings, and the weight of the blade itself, which was enormous, as tunny ; judged by feeling it. So they also judges; of its sharp- nese, which was like that of a razor. Altogether it was just such an implement as, in hands fit to wield it, would have performed either the Saladin trick of carving a cobweb, or the Richard coup of making mincemeat of kitchen pokers. But why did not the owner wear this wondrous weapon by his side ? Why because Lord Chas. Russell wouldn't lot it come between him and the wind of his own official toasting-fork :—that was the point. Etiquette says no man, unless he be an M.P., or sergeant at-arms, black rod, silver-stick, or some recognised some thing of that sort, shall enter the Hodge armed, save when he comes to receive the thanks of the Commons for deeds of daring by sea or land. Accordingly, when this illus triods stranger presented himself at the door, the Jacks around it intimated that the sword must he abandoned ; and hence he had to hand it to his cedar-coloured compa nion, who remained at the portal till the Prince came out. And who is the Prince? None other than the Arneer Alli Moerad Kahn Talapoor of Krypoor, famed in the Sornnauth song of Tame Elephant Ellenborough, and more famous still in the war blast of " the beat ded vision that swept Scinde," both of whom said that, but for the Ameer'a fidelity, it would have been all up with England at Meanee in '43. What does he do here now! Begging ;—not exactly in the Date obolunt Belisorio, for it isn't a crust, but the trifle of 183,0001. per annum he wants ; and out of which he is prepared to prove that he has been swindled by the rascality astounding, or aster ounding, of a starry nonentty called Mr. —. Of course "one Hogg," and all the multitudinous guinea grubbing pigs of Leadenhall street, are disgusted at the audacity of the Ameer in desiring to do what he likes with his own, when they are doing what they like with it for themselves; so much so that they wouldn't even let him go to a levee here ; and, when he applied to be pre seated, the court directors of the west sent to the court directorate of the east end, the sages whereof said be was non-admissible; and non-admissible he has remained ever since, though instead of a black cravat he was prepared to sport a shawl that would give a forty-Lalla Rockh vision of the vale of Cashmere to all the penis of the palace. From the London Gazette of Last Night. FOREIGN OFFICE, JULY 22. The Queen has been pleased to appoint the Earl Gran ville to be her Majesty's Ambassador Ex.traordinary to the Emperor of all the Russias, on the occasion of his Imperial Majesty's Coronation. WAR DEPARTMENT, JULY 19. _ The Queen has been graciously pleased to give orders for the appointment of Lient.-Colonel Sir Win. Thomas Denison, Knight, R.E., Captain General and Governor-in- Chief in and over the colony of New South Wales, and of Roar-Admiral Chas. Elliot, Governor and Commander-in- Chief in and over the Island of Trinidad, to be Ordinary Members of the Civil Division of the Second Class, or Knights Commanders of the Most Honourable Order of the Bath. :tlibtrZY VEbttton SUN OFFICE, Seven, o'Clock. CHELIYISFORD RACES.—(This Day. (BY ELEO TRIG TELEGRAPH.) SCURRY HANDICAP. (;,'olden Plover UAurer Lady Horton nree ran. QUE I f.N'S PLATE. Winkfleld Pcmbedw Johnny Gilpin Tbree ran. CUP STAKES. Tug o' War Ethelbald . Omer Pacha Brutus Four ran. MARKS HALL STAKES. Nieto las A'la STAND HANDICAP. Bannockburn .. Maid of Athens sorceress • ••.. Three ran. TOWN PLATE. 2 Lady Florence Tag o' War Vestige BETTING ON THE COURSE, GOODWOOD STAKES. sto 1 agst Zeta (taken freely) 9 to 1 agst Goldhill (taken) 12 to 1 agst Bandalore (taken) 12 to 1 agst Jolly Marine (taken) 14 to 1 agst Polestar (taken) 20 to 1 agst Vandal (taker) 40 to 1 agst Midhope (offered) GOODWOOD CUP. 4to 1 agst Fisherman 7to 1 agst Monarque (offered) IMPERIAL PARLIAMENT. HOUSE OF COMMONS.—(This Day.) The SPEAKER took the chair at a quarter past twelve o'clock. THE SHEEP CONTAGIOUS DISEASES PRE VENTION On the motion of Mr. LABOUCHERE, this bill, which was a continuance bill, was read a first and second time, and ordered to be committed to-morrow. THE VENTILATION OF THE HOUSE. LORD LUCAN AND THE JUDGE-ADVOCATE- GENERAL. Mr. KINNAIRD asked whether it was likely the report of the Board of Inquiry at Chelsea would be in the hands of hon. members before the prorogation of Parliament! Mr. VILLIERS said he had every reason to believe the report would be in the bands of boo. members before that time, and he should therefore forbee.r continuing a controversy which a noble lord in another place had originated and seemed disposed to continue. (Cries of order, from Colonel French.) He hoped the friends of the noble lord in that house would allow him (Mr. Vii. tiers) to say a word or two more on this matter, which was of a personal nature, and attacked his character. (Hear, hear.) He repeated that he should decline continuing the controversy then, because he thought it showed a want of respect for that house to bandy personalities there with the noble lord— (hear, hear)—and also because the report would shortly be in the hands of hon. members and before the public, when they would have an opportunity of judging whe ther he had stated anything incorrect with respect to the inquiry or to the evidence. (Hear, hear.) They would then see whether a solitary case of personal ani madversion by the Commissioners was satisfied by the evidence, and whether the irquiry with regard to it was or was not complete. (Hear, hear.) He was convinced a friend of the noble lord's in that house would convey to him what passed there, and if he did so he hoped he would tell the noble lord from him (Mr. Villiers), that he treated with the utmost indifference his personalities. (Loud cheers.) Col. FRENCH said that he considered the explana tion of the noble lord's in another place perfectly satis factory. The noble lord there denied that he had said anything offensive to the right hon. gentleman, and fur thermore that he never meant to have done so. The subject then dropped. GRAND JURIES, &c., (IRELAND) BILL. After a short discussion the motion for the second reading of this bill was withdrawn. POOR LAW (IRELAND) BILL. The order for the second reading of this bill was die charged. BISHOPS OF LONDON AND DURHAM RE TIREMENT BILL.-L-ADJOURNED DEBATE. On the resumption of the debate on this bill, Sir W. HEATHCOTE said that, in the unavoidable absence of the right hon. gentleman the member for Oxfordshire, he intended to move the motion of which the right bon. gentleman had given notice. He (Sir W. Heathcote) urged the Government not to push for ward this bill at that period of the session ; and, if there was eo other objection to be urged against its progress, it was the want of time to properly consider a measure that would be of the utmost importance in its imme diate application to the Church, and the conse quences that might result from it in the considera tion of other causes of a similar character. He called upon the Government to abandon this measure, and in the next session introduce one of a general nature. If deiven to a decision on this bill, he should feel no diffi culty in voting against it on its merits, believing that it partook largely of the character of simony. The Go vernment ought not to force the house to a decision, and he hoped hon. members would support him in his amendment, that the bill be read a second time this day three months. (Hear, hear.) Lord ROBERT CECIL seconded the amendment. He objected to the principle of the measure, because it would have the effect of leading in every case to re tirement for a twofold bargain. One between the re tiring bishop and the government relative to the amount of the pension, and the other between the government and Parliament relative to granting it. It was also likely to give rise to political jobbery. He should give the measure his most strenuous opposition. Mr. M. MILNES said this was an exceptional mea sure, and to consider that it would be taken as a prece dent cc as the groundwork of a general measure, was an assumption on the part of those who reiva,nced that line of argument that he hoped the House would not listen to. This measure would be advantageous to the dioceses in question, and no scandal would attach to the Church from it, except from that which had fallen from those who opposed it. He hoped the houso would not be led away by the exposition of schemes for a general measure, and in consequence reject this bill. There were only two grounds on which the house aould reject it,—first, upon the ground that the duties of a bishop were so unimportant that these aged prelates were able to per form them as well as any one else ; and secondly, on the ground that the terms e% hich the bishops bad proposed were so exorbitant that the house could not agree to them. Mr. NAPIER supported the amendment. He thought Parliament ought not to be called on to assent to the conditional resignation of a bishop, which was unsound in principle. The resignation of a bishop, ac cording to the doctrines of the church, should be pure, simple, and absolute. The correspondence bet% een Lord Palmerston and the Bishops of London and Durham showed that the resignations of these bi:;hops would not he - pure, simple, and absolute, but that they would par take 'J f a sitneniachl character. Mr. CARDWELL supported the bill, as being neces sary to provide efficient supervision for the two dioceses in question.. Be. considered the charge of simony un founded. Mr. ROEBUCK opposed the bill. Ile condemned the house providing "soft cushions" for these effete . bishops on their retirement, in the shape of a Fen% sion of 6,000/. ayear, whilst they deprived aged and infirm clergymen from making similar. advantageous arrangements. The whole of the husinesi was a scandal and a shame to the Church, and he hoped the house' would not sanction it. Mr..A. BLACK supported the bill. .There. was no thing immoral in a bishop asking for a retiring pen-ion, nor was it contrary to the Bible. •If they rejected the bill they would be. inflicting a great injustice on the country. lie should be glad if the Church was left to itself, hut so long as the house meddled with church affairs so long must these discussions contihue. Sir J. GRAHAM acquitted the noble lord at the head cf the Government of possessing any desire to in crease his patronage by this measure, because the corre opondenoe between him and ;be rev ! .prelates referred to, WIIITEHA.LL, JULY 22. The Queen has been pleased to direct letters patent to be passed under the Great Seal, granting the diginity of a baronet in the United Kingdom of Great Britain and Ire land unto Sir Allan Napier Macnab, of Dundurn, in the county of Wentworth, Canada West, Knt., and to the heirs male of his body lawfully begotten. ST. JAMES'S PALACE, JULY 19. The Queen has been pleased, on the nomination of the Right Hon. Lord Foley, to appoint C tpt. Stephen Ryder Dampier, one of her Majesty's Honourable Corps of Gen tlei.ien•at-Arms, vice Marshall, retired. BOARD OF TRADE, WHITEHALL, JULY 19. The Righ'a Honourable the Lords 'of the Committee of Privy Council for. Trade and Plantations have received through the Secretary of State for Foreign Affairs, a copy of a despatch from s her Majesty's Plenipotentiary in China, announcing that the duties on the importation of cotton chintzes and prints into Slaanghae, have been reduced to 5 Per cent. ad valorem. BOARD, OF TRADE, WHITEHALL,' JULY 21. The Right Honourable the Lords of the Committee of Privy Council for Trade and Plantations have received, through the Secretary of State for Foreign Affairs, a copy of a despatch from her Majesty's Minister ut Lisbon, stating that the . prohibitions and restrictions upon the importa tion of rim, from Asia.into the continent of Portugal and the adjacent islands have been abolished. , ,•, • BANKRUPTS. , . ArthUr Allen, the yoUnger, dealer in cement, Fier roW-road, Paddington, to surrender, August 1 and 29, at half-past one, at the `Court of Bankruptcy. Whitmore, official assignee, Basin ;ball-street ; Paterson, Bouverie street, Fleet-street. Hylton _Carr, - shipbuilder, North Hylton, Durham, • Aug. .4 and 28, at twelve; at the N e wcastle-upon-Tyne Diatrict Court. Baker, official assignee, Newcastle-upon- Tyne ; Burn, jun., Sunderland. • William Webster, tavern keep Snow-bill, Aug. 1, a t twelve, and Aug. 2'4 at balf'pasi e leven, at the Court of Bankruptcy: Carman. official assignee, . Aldernianbury ; Wyatt, Vertilam-bnildings, Gray's-inn. , Ed ward Ind Thurgocd, builder, Orchard-street, Kentish street, Middlesex, July 30, at half-past one, and August 27. at twelve, at the Court of Bankruptcy. Stausfeld, official assignee; Chidley, Gresham - street, City. Edwin Kay , licensed victualler, Duke-street,.Manches. ter•square,, Aug. 1, at twelve a nd Sept. 5, at half-past eleven, at the Court of Bankruptcy. ' Cannon, Oficial assignee, Ablermanbnry ; Symes, Teesdale, and Sandi lauds,• Fenehurch-street. • SC()T 011 S EQUESTRATIONS. . • Philip Denholm, flesher, Thinbar. • Hopkins and Bell, engineers, Glasgow. Alexanilsr Fraser, builder, Edinburgh. 3 - I , mo3 ,T q hrpto,no, wine d and spirit merchant, Aird ie. Thomas Macdonald, writer, Fort,William. ADMIRALTY, July 21.—Appointmtnts : Lieutenants J. Simpson - (1845), C. G. Fegen (1853), and A. Buller (1855), reappointed to the Princess' Royn,l, 91, screw stomn-ship, of 400-horse power. - Metlitertanean station: Acting Mate F. G. Shaw (1855) reappointed to the Princess - Royal. Midshipmen Hon. R. Hare, A. H. Allington,-G. G. A. Belson, J. French, Hon. V. A. Montague, and J. Rayden, reappointed to the Prinvots Roptl. , , Lord IL CECIL, in consequence of the excessive heat of the house, moved that the windows be opened. The SPEAKER said that opening the windows would aggravate the evil complained of by the noble lord. It would increase the temperature of the house by 10 degrees. Mr. THORNELY said there was another objection to the windows being opened. Some members could stand excessive heat and cold, but could not sit in a draught without suffering severely, and that was his case. (Hear, hear.) Lord R. CECIL then put the question of which he had given notice, viz.,—To ask the President of the Board of Works, whether he has any objection to place a complaint-book in each of the division lobbies, in which members may enter any complaints they may have to make with reference to the ventilation of the house. The SPEAKER, in the absence of the President of the Board of Works, said that any hon. member having a complaint to make of the temperature of the house should mention it to the Sergeant•at-Arms. (Hear.) The subject then dropped, and the windows were subsequently opened. showed that it did not originate with him. /ire (Sir J. Graham) would rather continue the evils compla.ined of from these bishops being unable to effectually ',dies charge their duties a little while longer, than by agree ing to the second reading of the bill affirm a principle that was novel, dangerous, and had been unwisely adopted by the present Government. (Hear, hear.) It was impossible to consider this question apart from the correspondence alluded to, and simony, divested of all technicalities, was this : the purchase or sale of the voidance of a spiritual cure for a monied con• sideration stipulated to be paid upon its void ance. In making these proposals the two bishops appeared to have had that in view. They (felt there was a legal obstacle to such an arrangement as this, for they both used the same remarkable expres sion, "if the law allows it"—clearly feeling that the law of simony was, as they understood it, a preliminary ob. jection. The right hon. baronet then proceeded to look at the question in tbatslight, and called attention to the effect it would have on the clergy if such privileges were to be given to the heads of the Church and denied to them. He objected to the bill because it had been laid down that where money was considered; however pure the intention of the party, it was simony, and that the bill, if passed, wouldprevent hereafter the adoption of a general measure to extend to other bishops. At this time there were two other prelates in the Church whose cases were similar to those under the consideration of the house. One was the Archbishop of York, who from paralysis was unable to leave his mansion ; and the other was the Bishop of Norwich, who had expressed his desire to retire, feeling incapable of efficiently discharging his episcopal duties. From the Reformation downwards (with the exception of the case of the non-juring bishops) there had not been a case of resignation by a bishop of his episcopal duties or a seat in the House of Peers. In the reign of George 111., when Bishop Sher lock was Bishop of London, the duties of the bishop were performed for seven years by Bishop Pierce, Bishop of Rochester, without scandal to the church, and without inconvenience resulting. Doubts there were entertained as to the legality of a bishop resigning, and the resignation of the Bishop of Rochester was approved by the Ministers. The right hon. baronet then said there was no immediate necessity for the house adopting this measure, because the duties could be done by deputy as was now the case. He thought the bill as intro duced into the House of Lords, to meet the late case of the Bishop of Bath and Wells, if it had been also passed, would have met the evil now complained of. Mr. WALPOLE, in a lengthened and eloquent speech supported the bill, which he said was in accordance with the statute 26th of Henry VIII., which had been consi dered and was now the law of the Church. Sir J. SHELLEY supported the bill. It would be for the advantage of the dioceses. He objected to the Bishop of Oxford having to do duty for the Bishop of London. Mr. T. DUNCOMBE opposed the bill. This was a bill likely to bring the Church and the religion of the country into contempt, and the more it was known the greater would be the indignation of the people against it. He could not help regretting that the noble lord at the head of the Government had soiled his hands with such a dirty bill. He for one would not be a party to it. Mr. GLADSTONE said that whatever knight be the result of the debate, great scandal would arise from this hill. The session was now far advanced, still it would be impossible to collect the opinion of the house on the subject, and, therefore, ho trusted that the bill would be rejected, and that the Government would not collect all its powersand•force this bill into a law. Legislation on this subject was not at all required. The act of 1534 provided for the appointment of suffragans to assist the bishops. There might be cases where a resignation would be better than the appointment of a suffragan, but on the other hand a suffragan would in some eases be pre ferable to a resignation. It had been said that a rector could not retire on a pension, but a rector coull appoint a curate, and the act of Henry gave the power to bishopet to appoint a suffragan, which was, in fact, a bishop's curate. (Hear.) The pume set down in the bill as pen sions were generally considered too large, and many of the members of the house had stated tha although they would vote for the second reading of the bill, they would not pledge themselves to assent to the amounts so set down. He begged to put a ques tion to her Majesty's Government, which he wished answered. Whet he wanted toknow was, whether it was competent for the house to go into committee to reduce the amount of pensions without endangering the passing of the bill. For the reasons he had stated he should vote against the bill. Sir G. GREY defended the bill, and stated there was no contract in this case. The•letter of his noble frien that had been alladed to was merely one which state that the wishes of those rev, prelates should be submit ted to Parliament with a view to their ,beink carried into effect. The act of Henry, if applied to this case, would have compelled the retirement of the bishops on their full salaries. He trusted that the bill would receive the sanction of the house, and thus approve of the means that had been adopted to meet the difficulties of the case. Mr. HENLEY insisted that any c9urt of law would bold a transaction similar to the present to be simony, if it had occurred between the,poor rector and his patron with regard to the resignati on o f hi s b ene fi ce, and that the Court of Chancery would hold that the nego• tiation which had been entered into hatween the two prelates and tle Government was a binding coatraCt. Lord PALMERSTON said the Government intended. to stand by the Ealaries as proposed in the bill, and if the pensions were reduced it would be for the bishops to decide whether they would retire. The Go vernment had fulfilled their part of the bargain by the introduction of the bill, and it was for the house to de cide whether it should be adopted. The Government had been asked during this discussion what course the bishops would adopt if the proposed salaries were re duced in committee. The only answer he could give to that question was that it would be for the bishops. them selves to decide. Mr. GLADSTONE—My question was not' what course the bishops would take, but what the Govern ment would do if the salaries were reduced. Lord PALMERSTON—The Government would wil- tingly announce what course they would take if the re duction of the salaries was insisted on. (Loud cries of " Oh, oh.") The house then divided, when there appearid— For the second reading Against it Majority in favour of the second reading ----79 The bill was read a second time, and was ordered to be committed to-morrow at 12 o'clock. The other orders of the day were then disposed of, and the house adjourned at six o'clock. LAW INTELLIGENCE.—(This Day.) COURT OF BANKRUPTCY. (Before Mr. Crirriminioner Foriblanque.) His Honour was the only carnmi3sioner, and was k!ngafei.l during the early part of tha day at private meetings up stairs. IN RE ASPIN. This bankrupt was described as of Stoney-lane, South wark, cart= and carrier, and to•day W3S appointed for consideration of his certificate. The estate is very small, the debts being about 2521., assets a'iont 501. His Honour said that such a case as this ought not to have been brought into this court. The Solicitm•said that the ban'i.rupt was a very Young man, just starting in the world, and was stepped at the outset by being involved in a law suit over which he had no ealtrol. His Honour ultimately granted an immediate certi ficate of the third class. MARKET NEWS.(Thiz Day.) -_~- CORN EXCITANdE. Although the supply of Eaglish wheat in to-day's mar ket was very moderate, and chiefly composed of Monday's unsold samples, the demand fur all kinds ruled heavy, and prices were barely supported. Foreign wheat, the show of which was on the increase, moved off heavily, but no actual change took place in value. Floating cargoes were dull. In barley a fair business was 'doing. Malt sold steadily, at extreme rates. We were fairly supplied with oats, which sold slowly, and inferior kinds were drooping. Beans, peas, and flour ruled dull, at barely late rates. ARRIVALS THIS WISER. Wheat. Barley. t Malt. Ir Lngligh ... .. 720 • 300 2,710 ish . 100 Foreign 1 i 9,320 1 1,490 i Oats. }Mon r. 20 610 920 11,830 6720 bils ticks. BOROUGH HOP. We have a slow inquiry for all kinds of hope, and to effect sales lower rates must be submitted to. WHITECHAPEL. The demand fcT from kind of meat is in & sluggish ottoite, tk follows :—Beef from 3s 4d to 4s 6d : mutton, 3s Gd to 43 ad ; lamb. 4s 2d to 5s 2(1"; veal, 3s 8,1 to 4s 10d ; pork, gs 81 to. 4s 81 per 81bs., by the carcase. . • APPOINTMENT OF DIRECTORS AT THE ROYAL BRITISH BANK.—At the Royal British Bsnk yesterday , General Aitcheson, Mr. Geo. Gillott (o 7 the firm of Gillott and 'llagell), and Mr. Laiali Butt were appointed directors. ,Mr. Camtron, having retired from the office of general manager on aoconnt of ill health,has been succeeded by Mr; ThoS.Craufurd. CRYSTAL PAI.A CE.—A .charmin6 addition has: been lately made to the attraction of the tropical end of the o ,l o u o str li a v i i ia ng . . b T ii h d ety s, Pala t ' st i a:"riv c el le f 2 ro ti n ° l ll S cl a f uth i " Crystal which have consist m ostly of the smallest Australian variegated varo4t-pleiiipsittsenq undulatto, and are 'in a very harilypxOralthy state: Tl r. l etkly re, le w. irom the Amsterdam and Rotten dain r;rodnee-ril'arket s state that business was rattier - lets active.- ,Ia sugar and coffee, - the Operation - iv, beingprin &pally for consumption, there was little alteration. J'hur hchases of rice had increased, and qUotations in Some • cases .wf:re rattier firma.: The letters from Rouen tnein• tion that the market for manufactures was well sup ported, th e attendarica of bUyere having increased:' MADAME • TOSSAUD'S 'The Portrait Model of William Palmer in the establishment continues to attract great attention from the visitors, and, in fact, appears to have lately received a fresh impetus, caused, 1 40 cl o atlt in -a-great measure, by the late r trial_of Dove, fa a similar offence—Poisoning by Strychnine. Many novelties-of a' interaetiv - oir,r,to4r nrci, r ose by the artists Qt the eetehtishtueot, ant witkli o ll4 be ready for publio inspection. oa nd be at be nr on it 28j 5 5 20 10 20} 100 100 P.O 100 20 20 20 111 St. St. 20 100 31 100 - I 100 I7i all all 100 100 100 a_l 110 1100 1)0 100 100 100 20 20 100 100 100 20 100; 25 25 ASO: 100 88 7i 2011 18i 741 i 81. 17i 21 491 i x in 1"' ~~ a