The Sun. — London, England, 1834-05-09 00:00:00

PROVINCIAL BANK OF ENGLANIIS. The first yearly general meeting of the Provincial Bank of England was held yesterday in the London Tavern , at twelve o'clock, to receive the report of the directors. The meeting was most numerous and respectable. Pro prietors from Birmingham, Manchester, Worcester, Li ‘7,,rl)(4, Gloucester, Yorkshire, and all parts of the king "",in, were present. We also observed amongst the pro trrietors Lord Charles Fitzroy, M.P., Colonel Hanmer , 1 .P., &c , B.:c. The Hon. D. G. HALLIBURTON,M. P., moved that Mr. Robinson, M.P.; be appointed Chairman of the meeting. Another PROPRIETOR whose name we could not learn, prop osed that Mr. Halliburton be called to the chair. , Mr. H ALLIBURTON f e lt gratified for the honour done hi m i by th e g e n tleman who had proposed his name; but as th ere was so much difference of opinion among the di rectors on certain points, he begged to decline being put in no mination. Mr. Robinson, he was sure, ought to be preferred t o an y gentleman. He was certain that whoeve r should be elected Chairman would do full justice to every gentleman who might address the meeting. A DIRECTOR stated that an understanding had been T'lle to among the directors, that whoever was their ee should be the Chairman of the General Meeting. ale therefore ‘le therefore trusted that- the gentleman who had pro- I ",-°,!ed, as an amendment, that Mr. Halliburton take the chair, would see the propriety of withdrawing that al endment. L.Col. LEITH HAY, M.P., had suggested to the directors C2re coming into that room, that his friend Mr. Halli "on should be chosen Chairman ; but as he found the ge neral opinion among them to be, that in all the circum '4tances Mr. Robinson would make the best Chairman, he L i d not pre ss th e thing. Now however, that gentleman :'44CI duly proposed, as an amendment, that Mr. Hallibur 'en be appointed Chairman, he trusted that gentleman we al(' not withdraw his amendment. He (Col. Hay) would support it. t he PROPRIETOR thought that the meeting was making aPPointment of a Chairman quite a party question. (C • a , rie s of " No, no.") He knew little of either of the gentle -;ell proposed, but he had seen Mr. Robinson preside at - P u blic meeting lately, and he must say, that no gentle 'nail could have filled the office of Chairman more ably pre r nPartially or more to the satisfaction of the persons ent. - ' 'ever a l gent l emen h ere as k e d , w h e th er th ere w as not :•bastanding clause, in the deed of co-partnery, which stated at t , t he Chairman of the Directors must also be Chairman t l ue general meeting of the proprietors? lr. LAMI E MURRAY, the secretary to the Company, said there was no such clause. Robinson The questi on was then put to t h e vo t e , whether Mr. nor Mr. Halliburton should be Chairman, when there appeared a large majority for the latter gentleman. The CHAIRMAN after briefly stating the obj ects for W hich th e meeting ;vas called, then desired the Secretary to read the report. The report, which is as follows, was accordingly read:— " Although active steps were not taken to establish this Comp any until the month of April, 1833, yet its formation Was contemplated in the year 1830. " The act of 7th Geo. IV. cap. 46. passed in 1826, permitted the formation of joint-stock banks at any place exceeding 65 miles from London. The act of 1833, while It authorises the formation of banks of deposit within that range, excludes banks of issue beyond 65 miles, from car- Ylng on business as b an k ers i n t h e metropo li s. Th e Na altollbli Provi nc i a l Bank of England has therefore been established under the provisions of the act of 1826. t ," A Natio na l B an ki ng E sta bli s h ment h a d l ong b een "'light desirable, and the proposal of such an institution, sanctioned by high authorities, as one which would afford so urces 40Irlidity to banking op er ati ons , c o nc entrate the great p en r ,;es of credit o n w hi c h th e success of banking must de d,basis of security wideri and from th e amoun t o f it s aggre gate capital, afford to the public than could be ex ti peet lei !" from pri va t e partnerships, however respectable, on limited resources of local joint-stock banks. th hese were the v i ews wh i ch l e d to t h e f orma ti on o f toe th first committee in 1830, and ultimately in the last year r oen e Public announcement of a metropolitan establish , t, by the committee under whose auspices the corn t'llY has been formed. la t e ` T he committee, on its formation, took immediate to i ' tr es to ascertain the support the public was disposed ap ,:Lve the undertaking, and having selected respectable q iir l t e s in different parts of the country, through whom in to, s as to their views might be fully answered, a pro th--,tlls was i ssue d at a meet i ng o f t h e comm i ttee h e ld on oth April, 1833. pi " The prospectus was inserted in all Ilie leading news shares in the kingdom, and numerous applications for were th e result. g ra " The applications h av ing exceeded th e num b er t o b e o r , l ed, the intention of the committee to c l ose th e li s t v i t t th e 13th June was duly notified to the publi c . Th e t b °, :°, number of shares applied for amounted to 13,168 ; e"lose shares reserved for the directors' list not having ki _en taken, the whole number of shares assigned was 1Z 9 V .. . Out of this number the deposit of 51 . per cent. hasn paid on 7,815 shares, and the deed of settlement Thirst execnted earsl proprietors, holding 7,464 shares. would appthat 351 shares, on which the de gi,te °f 5 /. per share has been paid, yet remain to be re red. f 4 IN, e fo rni g , Preliminary steps succeeding , and the company pa ra. *, t he Present directors were nominated, and the pre , c i 4 _, of the deed of copartnership commenced. e need of copartnership, embracing operations of such xtent and precise . magnitude as the National Provincial Bank, rily involved mature deliberation. During the teat of the deed of settlement, however, questions of o t l . cat 1 importance arose as to the_powers to be included in st ip On this head great difference of opinion existed, and lard continues. The effect of these discussions was to re the completion of the deed of settlement, and it was not until September that it was finally engrossed, and r eady for the signature of the proprietors. , " About the beginning of October measure s were t a ke n 1 1 the Directors for the formation of Branches at Glou cester and Birmingham. A Branch at Gloucester was 'piked on the Ist of January, 1834. The opening of the r anch at lirmingham has been, in the first instance, de ,..?'da by the nature of the ne go ti a ti on , w hi c h, h owever , iZete last abandoned. The probability of its completion th e I: the Directors, on the 20th of'December last, from make aroount of capital required for that Branch, to a call up o The Directors n the proprietors for 10/. a share. activel y mesas in Birmingham, and preparations are town" At p a k ree m o g n f 1 0 92 r the immediate ed ha t e te b o e p e e n nin s g ub o s f cr th ib a e t d ß . Branch. agri eul i_ r w ell situated as regards the iron trade, and an on ti ,,, _LI_ al district. A Branch was opened at that place ~ .;,.. 4 ith of March. Waisa-conre being .every prospect of a Bank succeeding 'at th e 14th in of April wasrdshire, one opened at that place on At - ‘7, 7 agree 4 ott on-under-Eilge strong and influential parties i l l 4 nit : support a Branch of the National Provincial . I „alre 4 , England, if established there. The Directors i ott g „ ite linced their intention of opening a Branch at " 4, 0 d. 'l ll l ‘ d shares have been taken in that neighbour- Z I NN: . lanager has also been appointed, and a house 'ger The Directors will be enabled to open a Branch inters. nctliately. or r e st co, in Lincolnshire, and at Wisbech, it is the nler pi a "l the Directors to open Branches. In the for kill ope c tl e in? preparations are so matured, that the Bank h n ` r Place in the course of the present month. At the lat 17ell th e ' the difficulty of procuring suitable premises has 'ran c h only obstacle. it is, however, probable, the 46 r.,,, open at Wisbech in June. sli ar l e lle call of 10/. per share remains unpaid on 1,217 " The ,yeas of arrangements for the London Office are in pro strn completion, and a house, 1.,..`4. has been taken at a No. 50 and 51, Broad crate rental, and in every Peet belie ved to be sui to " The' Dire the uses of the Company. airs refer ttheefirnpr proprietors to the item in the !etount of 4857: fis : advanced to Tipenses in forming the Company- previous on account of 4Prl 1833• They h - ' P 1 , • ave also advancedrons to the Ist of on loan 9 250/ at j il t t e:i cent. to the same gentleman, bein g the d Po ' 't a . and hor n nient on 150 hares held by him, ana secured s t i o the it Parry against the above advance. 1, , ,,: 3 he Directors refer the Proprietors also to the annexed by :: ‘ '.t 6 , which exhibit the present state of the Co mpany . M g, illeh it will be seen the amount of expenses (advertis: ti ; le D aw charges, travelling expenses, salaries, &c. 1 ,s up to tog j' r , e3e llt day, do not exceed 3,358/. Bs., notwithstand llipeltensive ramifications and enlarged objects. NATIONAL PROVINCIAL BANK OF ENGLAND. 11/ Pos' Dr. £ s. d. i lti stalr il lt 4 . s /. per Cent. , X399°751101,545 0 0 'iteres, •" of 10/. per Cent 62,470 gce ....................................... 1,516 11 4 4 £103,061 11 4 e B t rn Cr. ,ent, cash , Banks, • , 4 0 _ the t ' — "at and advance to , t , lo m, it s jos_,. 97,017 17 4 eed t u o nr , i „ on his Shares 2,250 0 0 (4,llll,N eA reraireoduiersltlo., ;: h l e r • Joplin for expenses in rmlstath.i,o_nrcilf, the Company Company expenses r". - 435 6 0 . 3,358 8 0 Sir l i 4/03,00.1 11 4" 4 4 ' 1 , opted,,lL 1. I A 1 C r y moved thlt the repo . rt ui he i t i7 l o 4 :l? " l Y g t t h ,e_M i e . etin s ; and A that it be printee. for Ciro a: He congratulated the meet to e . m e uri. ..7 piopriotors. . n ef St ar a ,:nirnity of opn and feeling which seemed h a ' so satiqf, 1 the gentlemen presen. The report was _ , lre b e , , ;e , - , ory as, under all the circumstances, could.e :" - oit or :;,,"'soed ; but he trusted that by next year th -.l l s co ea i r oa - n 7 e " . e' of th e account would have a more favourable i'' W. 4el 4 iTH H seconded the motion of his friend, Mr Ka " th •I't • Y. 11 , ad e ,„l'l Arta wished to impress on the meeting, before ''' adv`"` e " tile report, that the adoption of it would confirm Tli,, Lees made to Mr Joplin. Ateil:,.. t , i ° 4 was then * put, that the report should be ' "ken it was carried un=imously. • AVe 10r it7 ; i $ io $ h 3 ,0 t jo g OD A i of t I :0 , io ill be 1: t f t 1,030 Sir WILLIAM downy again congratulated the meeting on the unanimity - with which the report was adopted. As the business of the yearly general meeting was now over, and as they were about to resolve themselves into a special meeting of the proprietors, he begged to propose a vote of thanks to their chairman for his able and impartial conduct that day. The motion having been unanimously carried, The gentlemen present then resolved themselves into a Special Meeting of the Proprietors, to take into considera tion a proposition for the establishment of banks with local shareholders, deriving their profits or incurring their losses (as the case may be) solely from, or at, and by means of, those banks, &c. Sir WILLIAM COSWAY moved that the Hon. D. G. Halliburton, M.P. be Chairman of the Special Meeting. Mr. JAMES, M.P., seconded the motion, which was carried unanimously. After the Secretary had read the Report of the Direc tors to the Special Meeting, . _ _ Colonel LitTx HAY rose and said, that having on a former occasion, as one of the directors of this establish ment, had to propose a resolution connected with the prin ciple of local shareholders, it was now his duty to move a resolution to the same effect. As the meeting were aware that a very considerable difference of opinion existed among the directors on the subject, it would be necessary for him, for his own satisfaction, and for the information of the gen tlemen present, to make a few observations, and he could promise that his observations would be but few. It was satisfactory to him, as he knew it would be to the meet ing, that his observations would be of a conciliatory kind. The gentlemen who opposed the resolution which he pro posed, did so in an honourable spirit, and with much good temper. But, while he thus gave them every credit for good feeling in their opposition, he, and others who viewed the subject in the same light as himself, thought the local bank principle.was a measure of vital importance to the com pany. (Loud cheers.) He much regretted, on the one hand, the publications which had been put forth relative to the dif ference of opinion that existed among the directors on this subject ; though he was glad, on the other, they had been so, as those publications communicated general information on the subject. The gentlemen whom he ( Colonel Leith Hay) had the honour to address, were so well qualified to decide on the point, that it would be improper in him to take up much of their time. He could only state, that an humble individual like himself might not be supposed to know much of the business part of the institution ; but he might be permitted to say, that the active interest which he had taken in it from the first, led him to move a reso lution which, in his opinion, was essential to the intrests of so great an establishment; for great it certainly ought to be, and would be, if the principle in question was adopted. If properly managed, the Provincial Bank of England would become one of the first and best establish ments of the kind in the country. (Loud cheers.) He would only further say, that he should be sorry if he had done anything injurious to the interests of the establish rnent ; but he conceiv e d th a t w h a t h e h a d d one was f or its good, and he could never deviate from what appearedto him to be his duty, while he had the honour to fill the situation he now held. (Loud cheers.) The secretary would read the resolution. A PROPRIETOR suggested, that as the question as to whether or not the company could, in terms of its copart nery, act on the local bank principle, had been submitted to Mr. Brodie, it would be better, before the resolution was read, or any opinion expressed upon it, that the meet ing should have the case read to it which was submitted by Mr. Brodie, together with his answer. The Secretary accordingly read the case and the answer. Mr. AIURRAY read the resolution alluded to, which was as follows :—" Resolved, That with a view to the esta blishment of banks, with local shareholders deriving their profits or entering their losses, as the case may be, from such separate banks, a deed of copartnership be entered into - on behalf of this society, by any three of the direc tors, to be specially appointed for that purpose by the Court of Directors, with subscribers for shares in any par ticular local bank, and that it be provided in the deed of copartnership that the local shareholders shall content themselves with such portion of the profits arising from their local banks as shall be agreed upon, and shall relin quish the other portion of such profits to the metropolitan bank ; and that the shareholders of such local bank shall be guaranteed against any loss which such local bank may sustain beyond its own paid-up capital, and that such gua rantee be given by the metropolitan bank, and by every ogler local bank that* may from time to time be asso ciated therewith to the extent of the actual paid up capital in the shares in the metropolitan bank, and other local banks ; and that, on the other hand, the metropolitan bank, and all the other local banks that may from time to time be associated therewith, shall be guaranteed against any loss which such metropolitan, and other local banks, or any of them, may sustain beyond the amount of their respective paid up capitals, and that such guarantee be given by the shareholders in such local bank to the ex tent of the actual paid up capital in that bank, and that the Court of Directors of the metropolitan bank shall fix for the amount of the instalments to be from time to time paid up on the shares in such local banks to form the cash capital of that bank, and that any call for an instalment of the shares on such bank may be made either by the Court of Directors of the metropolitan bank in the same way as they are authorized in the deed of settlement to make calls on their own shareholders, or by such person or persons as the Court of Directors may adopt for that purpose. Fur ther resolved, that in addition to the calls necessary to carry into effect the steestions contained in the resolutions, there shall be inserted in every such deed of copartnership, such further calls and provisions as the Court of Directors, under the advice of their counsel, shall think proper." Sir W. COSWAY rose to second the resolution. He said that the opinion which had been read to the meeting was merely a lawer's opinion upon w hat was n eces s ary to be done to enabl e the company to carry the plan of local shareholders into execution. The subject had been so extensively canvassed, both in print and in conversation, that he had no doubt the proprietors ' who had come from different part s o f th e coun t ry , h a d already formed an opinion upon the matter. From the first proceed ings, in 1830 he had taken an active part in the form ation of a bank on the principles on which the present was proposed to be established—viz . , the local shareholders' system. It might be said that they had no precedent ; that was true. This plan was the extension of the Scotch system of banking to the wants, to the feelings, and, if he might so say, to the prejudices of England. What might be very sound in Scotland, he alluded to the cash credits, was not, it must be admitted, very practicable in England. When the Scotch banks were established, one pound notes were in being, but that was no longer the case in Eng land. The present plan was, therefore, adapted to the present state of English society. It was proposed to carry the principles of the Scotch system into England, on the foundation that life insurances were established. It was sufficient to know that there was no sort of establishment in the country, the profits of which were so secure as those of life insurance companies. It was well known that their profits were calculated on the average of lives, and he be lieved that same principle would be carried into this sys tem of country banks, which was then propounded to the meeting. He had been asked what was this local share holders system, and how the local shareholders were to meet capital required for the country ? If the local share holders subscribed one hundred thousand pounds, the com pany would put down the same amount to meet their sub scription. The company being subscribers would give so much security, that the utmost confidence would be placed in the banks. In Birmingham, Worcester, and other great manufacturing towns, it was possible there might be a great excitement at some particular moment. There might be a tendency on the part of the Bank to over-trade. The London directors would then step in, and give notice to draw the cord a little tighter, knowing the general state of the coun try, and how far it would be advisable to go. Sir William next alluded to the difference of opinion between the direc tors of the company, on the subject of the proposed plan. Those who differed from him thought that the Irish sys tem, as it was technically called, was preferable, because they had had the advantage of practice. That system had, however, been tried when Ireland was free, when the other banks had failed, and when there was no competition. But in England the case at present was very different ; they would have numerous banks to contend with, and therefore it was necessary to have recourse to local Di rectors, whose aaice and information, as well as local in fluence, would be of the utmost service. The Irish Pro vincial Bank had only 22 branch banks. (More.) Well, they might be 30, and that number was quite sufficient if they were to be effectively managed. But the grand prin ciple of the local shareholders' system would be, that they could all establish 200 branch banks, because they would have local directors to manage them. When the question whether the proposed plan should be adopted was de tided, h e trusted that the resu l t would not be, that those directors . i who were oppose d t o th e p l an , an d w h ose grea t ilbi ;ties he could not too highly praise, would not deem it tlat necessary,the as they had i n t ima t e d, t o re ti re . He hoped proprietor s their services.o ul d still The have pres continued entw as quite them e m muchthe benefit of f opinion that et e q hg u arp e etr s aei t tf : o ets n nheter a vt s licr i eei t was opa s l se a t th n ,„ ‘ge, a i n eso d ouu iv en t i dual one. He was greato fbencoaoptii carried country, an n o s d u ot wouldf i t wouldproperty i na which had unhappily been too frequent. He must not omit to mention that the opinion of the learned counsel (Mr. Brodie) did by no means p do ,m a e w r ay of w l it h h e d th ir e ee branch was branch st b il a l in the nkwhere tors to they pleased. Wh at they esysstatebnilis,hasa it called upon the meeting to do was, to giv e th e di rectors power to carry out the rmciple of local sharehold ers w h ere they deemed it advisabl e. A PAQPRIETOA—Are we to have any voice in the choice of directorg? Sir W. COSWAY-The intention is this. Suppose the locala, thed s h a r s e h h a r o l e d h e o r I s ; e S r Y s ste to nl t e o l ebcet eastaßbloisahreddoint DBiirremeitnQgrsh::.; can have only a' negative on an individual. A veto must necessarily be vested in us. A Paovairina—liqw is the London Board to know the state of the country business, and the manlier in 1 hick it is being carried on ? Sjr W. Coswav—That will be done by inspeotiop poriocliq4k 9n the spot, and yye shall also have a weekly report. A PROPRIETOR—What actual control shall we have ? Can we prevent, the issue'of notes? (ph ! yes!) A PROPRIETOR—What advantages will the local share holders derive from our connection ? _ Sir W. CoswAv—The advantages they will derive will accrue from the great credit of the London Company, and whatever subscribed capital they pay, we shall give• them a certain interest for it. _ A PROPRIETOR—Suppose they increase -their notes beyond a certain number, what control can we have ? Sir W. CoswAy—ln that case we should send down a London Director, who would say to the local directors, " you are going beyond the mark." In fact there will be a most absolute control. _ _ A PR;PRIETOR-Should I be liable for the whole of my subscribed capital ? Sir W. CoswAY—Yes beyond a doubt. A PROPRIETOR—IS the capital which will be advanced to be applied to the working of the concerns? The CHAIRMAN—The true spirit of banking is to have a large capital for banking, and to have in reserve the money received from individuals, putting it out to the best, advantage. Suppose twenty-five thousand pounds is to be subscribed in every one hundred thousand, and that amount which is subscribed in London will be kept in reserve for the local banks. The business of the directors will be only to keep it in security. It will therefore be the same as if actually employed in the country. Sir W. COSWAY—A reserve fund, in fact, to be used in case of necessity. Mr. BARNES—The sum subscribed in London will be applicable only in the event of the local banks sustaining a loss. Mr. Blowly, a proprietor, who stated that he had been much engaged in banking in the West of England, stated his opinion, that the profit proposed to be allowed to the local shareholders was too small, and that the plan would not be successful. It was here stated that the meetinr , was convened to dis cuss the principle, and not to go into the details of the plan. A PROPRIETOR—But the principle is of no use if the details are impracticable. Colonel HAY said the details had not been decided upon, and referred to that part of the resolution which stated that the local shareholders " shall content them selve swith such profits as shall be agreed upon." A PROPIETOR—I beg to ask whether, in any emer gency, the portion of capital subscribed by. us to the coun try banks would actually be employed by them ? Would it be drawn out under any circumstances ? Sir W. CoswAY—Oh, yes. Mr. Ox ivr a Fa ItRER, a Director, said he must express his satisfaction that the question had come before the Di rectors to receive their approbation, or the contrary. They were, however, under a complete misunderstanding as to the motives and feelings of those who were denomi nated the Irish Directors. He was not aware, however, that those Direetors had ever advocated the Irish system. They had conscientionsly opposed the English system, but they had not attempted to do more than this. 'fhe ques tion now came before the proprietors, and he and those who acted with him were no longer responsible. It was his honest opinion that the present was a most dangerous measure. They were about to incur a most dangerous responsibility. They were about to engage in the setting up of local bank shareholders, who were to trade upon credit instead of capital. If they established two or three hundredlocal banks, they must have two or three hundred partnership deeds ; and who would be the gainers then ? The lawyers only. The very preparation of the deeds would take a great deal of money; and was it likely that where 2 or 300 partnership deeds were carried on, they would be with-. out the blessings of fifty Chancery suits ? He had no ob ject to answer in objecting to the plan—he proposed it from conscientious motives. Suppose they went down to Liver pool, Birmingham, or any other large and wealthy town, and said to some of the leading men, "We have a proposal to make to you. We will lend you our credit to bank upon." What would be the answer ? " Thank you, gentlemen ; we can carry on our own affairs very well ; we can make use of our own capital without_you." They certainly might establish the banks in poor counties, where their credit might be of service ; but they must, in that ease, take a very inferior description of persons as partners. In the great towns of this kingdom did they want credit? On the contrary, they said there, " We have plenty of capi tal. We only need an advantageous way of - employing our capital ourselves." With regard to principle and details, if any principle did depend upon details., it was that of banking. Admit that the principle was advisable, then let them see also whether they could put it in practice or not. He would undertake to say that not one of his colleagues knew anything about the details of the plan. In conclu sion he would say, if the proprietors were determined to adopt the plan, at all events give the most unlimited power to the directors, and let them take the best means they could to do it. (Cheers. ) Dr. ELMORE said he felt great regret at the intended retirement of those directors whose opinions were adverse to the proposed measure, but at the same time he was fully aware they could no longer act with the gentlemen who would remain. With regard to the Irish system, they had commenced with it, and what had it done for them? Three millions had been subscribed, and vet how few banks had been established. But, in fact, they could not establish any number under the Irish system. The present plan, in his opinion, combined the advantages of the two systems, the Scotch and the Irish. (Hear, hear.) He thought it was the general feeling of the shareholders that the directors should be allowed to do al; they thought advisable for the execution of the proposed" plan. Mr. REMINGTON, a director, thought the measure would be dangerous to society and to the stability of the interests of the country at large. By the proposed mea sure the society wanted a certain quantity of profits from the local shareholders, but what was to be given them in return? Nothing at all. Another DIRECTOR said he objected to the plan upoil principle. They were not authorised, according to the prospectus of the society, to enter into a new plan. He, and those who acted with him, washed their hands of it, and he was determined to resign his power intothe hands of the proprietors, as had been intimated to them in the cir cular which had been sent round. . Captain WARREN trusted that the question would now be put to the vote. The proprietors had made up their minds upon it. Colonel HAY begged to say a few words in reply. Mr. Farrer had spoken of the great expense of the part nership deeds. One general deed would answer the pur pose—the rest would be copies. With respect to what he had said of the merchants and others in the great towns, he thought that his statements were not founded in fact. Was there no reciprocity in the security given to the country banks of the present great establishment in town ? By having this security, would they not be able to extend their business in a way that no private joint stock bank could do? And would not the customers place additional confidence in them ? If there was an obligation, it would be on the part of the local shareholders to the Company. The CHAIRMAN, in putting the question, said, that if he and his friends had not been convinced of the soundness of the English system, they would not have recommended its adoption. He had remained in the direction, for the last eight or ten months, under the most unpleasant cir cumstances, solely from a sense of duty, and from a feeling for the shareholders. There were, in consequence of the division of opinion, constant sources of irritation ; and the meetings of the directors from day to day were occu pied with disputes. When this question was decided, there would be unanimity amongst the directors, and the affairs of the Society would of course be more efficiently managed. The resolution was then put to the vote, and carried al most unanimously. . . . _ A resolution for altering and adding to thg deed of set tlement, in order to carry into effect the plan proposed, was then agreed to. A resolution enabling proprietors residing at a distance from town to vote by proxy at the meetings of the society was also carried without any discussion. It was then moved and seconded that the meeting should agree to a recommendation made by the court of directors, to the effect that the powers then vested in the court of directors relative to the appointment of additional directors, and the filling up vacancies in the office of directors, should be thenceforth vested in the general body of proprietors. Sir W. COSWAY said, that to carry out the principle which had been adopted, it was very necessary that the directors should have the opportunity of meeting with gentlemen who would co-operate with them in the most effective manner. He therefore moved an amendment to the effect that the powers which the directors now had of choosing additional directors should be continued to them. Dr. LLatoax seconded the amendment. Mr. FARRER said that the directors, who should be 24 in number, were only 19, and of these 10 were now about to retire. Under such circumstances, it was thought due to the proprietors to leave the matter to their decision. Not the slightest slur was intended to be cast on the direc tors who would remain. The amendment was then carried. After a vote of thanks to the chairman the meeting ad journed. COURT OF CHANCERY.- 7 (THIS DAY.) The LORD CIIANCELLOit sat upon appeals in Linco'n's inn to-day. - HALLER. L•. MILTON-A WARD--.-COMMITTAL TO TIIE FLEET PRISON A young man named Milton, son of Mr. Milton, horse dealer in this town, became acquainted with Miss Dean, a young lady in Herefordshire, who, with four other children, was entitled to an equal proportion of 20,0001., and a ward of this Court. Mr. Milton could not persuade himself that her fortune of 5,0001., together with considerable per sonal attractions, ought to prejudice the idea he enter tained that she would make a good wife, the more espe cially as his financial circumstances were not likely to come into competition or collision with hers. Of this opinion, he induced her to leave her mamma against the mamma's consent, and visit Chiswick with him. Having arrived there, upon an affidavit swearing that he was twenty-years of age, although he happened to be only nineteen, he pro cured the requisites for tying the connubial knot ; the ce remony was performed, and little Missey (only seventeen years old) forthwith became Mrs. Milton. The honey moon passed (it being. just a month now since the mar riage took place), the parties, in virtue of the Lord Chan cellor's unpalateable order, made their appearance before his lordship this morning, to render an account, and enter upon an explanation of their conduct. The statement was unsatisfactory. It was pleaded on behalf of the hus band that he was young, and that therefore the court ought to deal mercifully towards him. His LORDSHIP was of opinion that the son of a horse dealer at the age of nineteen knew more than an ordinary man at the age of twenty-one, and that his conduct had ' been so improper that he must submit to be transferred from the delicate hands in which he had lately been to the more stern clutch of the warden of the Fleet. Mr. Milton was accordingly removed in custody of the sergeant-at-arms, and Mrs. M., escorted by Mrs. Dean (the mother), to some less miserable place of retirement. The LORD CHANCELLOR then proceeded with the part heard arguments in Hoskins v. Birch. VICE-CHANCERY COURT.-(THIS DAY.) His Honour the VICE-CHANCELLOR sat at Lincoln's- Inn, and took motions to-day. DEROME V. EYMER. Sir WILLIAM HORNE applied in this ease l on behalf of the defendant, for the dissolution of an injunction granted by his Honour some days since, restraining him from refining sugar by means of animal and vegetable char coal, which the plaintiff alleged was an infringe ment on a patent which he had obtained. His Honour, after hearing arguments on both sides at con siderable length, ordered the injunction to be dissolved, giving the plaintiff leave to bring such an action as he might be advised, for the purpose of trying the validity of the patent. Nothing of any importance took place in the other Law Courts up to the time of our going to press. SHIPPINGINTELLIGENCE-THIS DAY. (FROM LLOYD'S.) DE.tL, MAY 8. —Wind S. W. , moderate. —Sailed the outward-bound. Po ItTS;O7TIi, MAY 8. —Wind S. S. E. to W. S. W. Arrived off port the Hector, Morgan, from Jamaica. PLYMOUTH, MAY 7.—Wind S.W.—Arrived his Ma jesty's ship Ariadne, from Tampico. FALMOUTH, MAY 7.—Wind W. S.W., fresh breezes. —Arrived the Tropic, Phillips, from —. STANCATE CREEK, MAY B.—Arrived the Dash, Far rant, from Candia. PORTLAND, B.—Arrived off port the Kron Prins de Nederlanden, from Padang. SCILLY, MAY 7.—Arrived the Despatch, Woodcock, and Silure, Watts, from St. Michael's. GLOUCESTER, MAY 7.—Arrived the Diligence, Keitzke, from Dantzic. LIVERPOOL, MAY 7. —Arrived the Adventure, Donald son, from Rio de la Hache ; Royal Mint, Wetherall, from Jamaica; Maren,?,-o, Walsh, from New Orleans ; Republic, Caffin, from Mobile ; Sovereign, Scipio, Grindlay, from Savannah ; Ajax, Hem, and North America, Desley, from New York; and Sisters, Todd, from Greenland. Off port the Princess Charlotte, from Bombay ; Charlemont and Alecto, from Jamaica ; and Robert Burns, Messenger, from Savannah. GREENOCK, MAY 6.—Arrived the Strathmore, Camp bell, from Antigua. TUSKER, MAY 6.—Arrived the Robert, Pulsford, from Dantzic. WHITBY, MAY 7.—Arrived the Cane Grove, Handy side, from Dantzic. • The Atlantic, Bell, from Demerara, is supposed to be arrived off the Wight. The Manone, Von Blucher, from Hamburg to Havan nab, was totally wrecked near Neuvitas the 11th March— crew saved. Arrived off the Start the Marianne, Voigh, from Bahia; pid Diana, Baggeson, from Mala.a. Arrived off the Land's End the Brenda, Carrington, from Rio Janeiro ; and Tiger, Prince, from 31,}bile. SPORTING INTELLIGENCE. s. TATTERSALL' S. THE DERBY. Speculation on this Stake was confined to the four fa vourites yesterday, each of whom was backed at the prices quoted below ; it would seem from this that.neither Ple nipotentiary nor Shilelah are so bad as has been repre sented. The last odds were :- 4 to 1 agst Mr. Batson's Plenipotentiary (taken) 11 to 2 agst Mr Watt's Bubastes Oaken) 11 to 2 agst Duke of Cleveland's ,hilelah (taken) 8 to 1 agst Lord Jersey s Glencoe (taken) 17 to 1 agst Sir M. Wood's Br. to Marpesia 18 to I agst Duke of Gatton's Olympic 7 to 4 on Plenipotentiary agst Glencoe (taken) 7 to .4 on Bubastes agst Glencoe t(taken) 500 even between Bubastes and Shilelah Even on three agst the field The Rosanne colt was reported to be amiss. OAKS. 5 to 2 agst Mr. Walker's Cotillon 11 to 2 agst Lord Berner's May-day (taken) 9to 1 agst Mr. Forth's Louisa • 14 to I agst Mr. Greville's I'ickle 15 to 1 agst Mr. Vansittart's Slight filly 16 to I agst Sir S. Graham's Zulima Betting on this Stake was very flat. DONeASTER ST. LEGER. 8 to 1 agst Mr. Watt's Bubastes 30 to I agst Lord Chesterfield's Mammoth (taken) The Newmarket Races next week will commence on Tuesday instead of Monday, and be confined to three days. On Monday last Lord Jersey's Oaks fillies left Newmar ket for Epsom, and were to be followed yesterday by Glen coe, Lucius, &c. ; Mr. Watts's lot left on Wednesday ; Cooper's lot (six), and John Scott's (nine), were to start yesterday. CHESTER RACES. WEnsysnAv.—The Dee Stakes of 50 sovs. each, h. ft., for 3 yr. olds, Derby weights. Once round and a dis. Marquis of Westminster's Touchstone 1 Mr. Mostyn's Queen Bess 2 Marquis of Westminster's Abbas Mirza Sir R. W. BulkelD , 's Tom Jones, by Teniers 0 M r . R. Turner's Fearnhurst by Peter Lely 0 Sir G. Pigot's Miss Chester, by Whisker bolted Seven drew and paid 25 sovs. each. A most excellent start, Fearnhurst first, Queen Bess last, Miss Chester bolting first half mile • Abbas Mirza and Touchstone headed them half a mile from home, when Queen Bess crept up, but Touchstone won cleverly by a full length. The stirrup broke under Arthur, before he got a distance from the place of starting, which caused Miss Chester to run out. sto 4 Queen Bess agst. the field, 4to 1 agst. the winner, and 3to 1 agst. Tom Jones. Ran in two minutes and ten seconds. The Stand Cup, value 100 sovs., the gift of the Stand Committee, added to a Sweepstakes of 10 sovs. each, for all ages. Twice round and a distance. Mr. Mostyn's Jack Faucett, 4 yrs Lye 1 Marquis of Westminster's The Controller ... 2 Four drew and paid 10 sovs. each. Jack Faucett the favourite. The Controller took the lead at an indifferent pace ; Lye evidently having fast hold of Faucett all the ti m e. At the distance chair Faucett came up and won easily. Ran in four minutes and eleven seconds. The Annual City Plate of 60 gs. given by the Corporation. Heats, twice round. Mr. Wyatt's Manchester, 6 yrs... Darling 1 1 Mr. Nanney's Captain Wattle, 5 yrs Mr. W. Turner's b. c. by Lottery, 4 yrs 3 3 COCKING. A Main of Cocks will be fought during the week, be tween the Earl of Derby (Potter, feeder), and H. B. Houghton, Esq. (Woodcock, feeder), for 20 sovs. a main battle, 20 sovs. a bye battle, and 500 sovs. aside for the grand main.-34 mains, 9 byes. POTTER. M. R. WOODCOCK, 41. Monday 6 1 Monday", • 0 1 Tuesday Wednesday Her Grace the Duchess of Bedford, accom. panied by her daughter, Lady Rachael Russell, ar. rived at Endsleigh Cottage, near Tavistock, on Mon= day last. LIMERICK, MAY 6,—Accounts have reached town this morning of another unfortunate affray, in which four persons have been shot. It occurred at the fair of Croom, about ten miles from this, yester day ; where the police took a troublesome fellow prisoner, who had been prominent in disturbing the peace. The people immediately collected round the barrack, to which the police retired, and con tinued to deniolish it; . and threaten the lives of the police, till the latter fired, and killed four persons, among wllmn is a young girl, who took no pact in h. ft. th, r iot. There are demagogues,instifying resist - I , en, , with . 2o added. ,a ance to the autitorities, who ha ve hitlietto waned .1. Peyton named ntab , 5 yrs 1 Conservative, 6 yrs 2 in su ti p te er G b. eneral Steam Naviga. Jerome Bonaparte and suite arrived last i l neituvi Despotism may )0 • -- Mr. W. Codrington's Doddington, 5 yrq people of Ireland, t o the deluded Matelh—Mr. Harris'sb. Pony, Beppo, beat Mr. Emeny's' i t e i s o •e u ni e ng om fr p o a n i : r ?s p t b. pony Torn. aeenkdet CLIFTON AND BRISTOL RACES. WEDNESDAY.—The Westbury Stakes of 10 sovs. with 20 added by the Stewards, for two yrs. old colts and fillies. 4 subs. Mr. Harris's b. f, ba Rossini Mr. Houldsworth's Tauntonian 2 Mr. E. Allies's g. f. Miss Witney Mr. Williams's. b. c. Speck The Clifton Stakes of 20 sous, each, with 20 added, 10 ft • About two. miles. 20 subs, Mr, K. H. Doolan named Bartley Dodkii, Mr. Reeve's's H 1 t . ar 9 . ga. A Free Handicap of 19 saws. Colonel " _ is, we hope, well aware of ...is government, and of its desire to commercial interest between his country and ...is empire, and will be convinced of the integrity of this proceeding. (Signed) " EL HADJ. ARIF. " Kilkade 1249-29th March, 18.34." iftli44totl- La:, COURT CIRCULAR, The King gave a State Dinner last evening, at St. James's Palace, to the Knights of the most ancient and Noble Order of the Thistle, and the Knights of the most Illustrious Order of St. Patrick. The Knights came in full regimentals or court dress, wearing the collars and stirs of their respective Orders. The Great Officers of State and the principal Officers of the Royal Household were also present, and came in their official costume : such of them as were members of Orders of Knighthood wearing the collars and stars of the same. The company assembled in one of the State rooms, and on dinner being announced, past through the Portrait Gallery (lined by the Yeomen Guard) to the Banqueting Room. His Majesty, who led the way, was habited in a naval uniform, and wore the collars and stars of the two orders. The band of the 3d Regiment of Foot Guards were stationed in an anti-room adjoining the Banqueting Room, and as the company passed played " God save the King." During the dinner the band played " Oh, the Roast Beef of England ;" and during the evening, a selection from the music of the " Pre aux clercs," commencing with the overture. The dinner was served on one long table down the centre of the room. In the middle of the table were two silver gilt centre-pieces, exquisitely designed by Flaxman, the whole being composed to Tritons, Naiades, marine animals, shells, rocks, &c. &c. Near to these, and among a great number of others, were two candelabra, on the base and shaft of which were designed the fable of the Garden of the Hesperides. The Lion service of plate was used on this occasion. At the end of the room was the beaufet, on which was displayed the Shield of Achilles, the Armada, Fountain, the St. George Candelabra, having on each side of it the national and St. George's Cups. The large solid Gold Dish, having engraved on it all the Orders of Knight hood of which the late King was member. Two jewelled buhl Cups ; two small Candelabra of Flaxman's design— pastoral subjects—and numerous other articles of plate, of the most exquisite workmanship. The Knights of St. Patrick present, were—his. Royal Highness the Duke of Cumberland, Marquis of Camden, K. G., Marquis of Thomond, the Earl of Caledon, the Earl of Courtown, the Marquis of Downshire, the Marquis of Clanricarde, the Earl of Charlemont, the Marquis of Conyngham, the Earl of Leitrim, andthe Earl of Donough more. Officers of the Order--The Chancellor (Archbishop of Dublin), Ulster King of Arms ( Sir William Betham). The Knights of the Order of the Thistle present, were— Marquis of Ailesbury, the Marquis of Ailsa, Viscount Mel ville, Earl of Aboyne, Earl of Warwick, Earl of Motay, the Duke of Buccleuch, and the Earl of Erroll. Officers of the Order—The Dean (Dr. Cook, D.D. ), Lord Lyon King of Arms (the Earl 'of Kinnoull), Acting Secretary ( Sir William Woods). The other guests were,—The Duke of Devonshire, Lord Chamberlain ; the Duke of Argyll, Lord Stewardj the Marquis of Winchester, Groom of the Stole ; the Earl of Albemarle, the Master of the Horse ; the Earl of Denbigh, the Queen's Lord Chamberlain ; Lord Foley, the. Captain of the Honourable Corps of Gentlemen at Arms ; the Earl of Lichfield, Master of the King's. Buck Hounds; the Duke of Norfolk, Earl Marshal ; the Earl of Belfast, Vice- Chamberlain ; Lord Hill, Gold Stick in waiting; Viscount Torrington, Lord in waiting ; the Right Hon. Sir W. Freinantle, Treasurer of the Household ; Lord Robert Grosvenor, Comptroller of the Household ; Sir Herbert Taylor, G.C.8., his Majesty's Private Secretary ; Sir Henry Wheatley, G. C. H., his Majesty's Privy Purse ; Sir George Seymour, Master of the Robes ; Sir Charles Paget, Groom in • waiting ; Sir Andrew Barnard, Clerk Marshal, the Equerry in waiting, and the Master of the Household. Their Majesties honoured Sir Herbert and Lady Taylor with a visit yesterday morning, at St. Catherine's Lodge, Regent's Park. After lunch the King, attended by Sir Andrew Barnard, went to the Regent's Park Barracks, and reviewed one of the . household regiments stationed there. His Majesty afterwards went to the Barracks at Knightsbridge, add inspected another of the household re giments. The King then' returned to St. James's at tended by Colonel Lygon. His Majesty gave audience yesterday to Earl Grey, the Marquis Camden, and Sir James Cockburn. The Duchess of Kent and the Princeis Victoria rode at Mr. Fozard's Riding-school yesterday. The Duke of Cumberland visited their Majesties yes terday. The Prince Ferdinand of Saxe Cobourg visited the Horticultural Gardens at Chiswick yesterday. The Noble Directors of the Concert of Ancient Music, after dining with the Duke of Cumberland, at his residence at St. James's, on Wednesday, accompanied his Royal Highness, who was the Director for the evening, to the performance at the Hanover-square Rooms. Prince Talley-rand visited Viscount Palmerston yester day at the Foreign-office. RAMSGATE, MAY 8. The Orestes transport (No. 7), arrived in this harbour yesterday, from Barbadoes, having on board a detachment of the 93d Highlanders, commandedby Captain O'Meara ; also Major Reid, Royal Engineers, w►th some sappers ; the 93d disembarked on the pier immediately, and were billetted until this morning, when they marched for Can terbury at an early hour. The' Orestes has since sailed for the River, to convey the remainder of the troops to Woolwich. This morning, the Marquis of Huntley transport (No. 8), entered the royal harbour, having the remainder of the 93d regiment on board, which will also march to Canterbury to-morrow morning. Both the above vessels left Barbadoes about nine weeks since. THE MASTER TAILORS. TO THE EDITOR OF THE SUN. am requested by the Committee of Master Tailors very respectfully to convey their cordial and unanimous thanks for the promptitude and liberality shown by you in the insertion of their several adver tisements, and also gratefully to acknowledge the powerful support in your columns of their cause, and which they venture to think is likewise that of the public at large. I am, Sir, your most obedient servant, C. HARRISON, Hon. Sec. 39, Sackville-street, May 7. BELGRAVE LITERARY and SCIENTIFIC THE MARKETS-jilIS DAV.) CORN EXCHANGE; The arrivals of all kinds of Grain this week are plentiful, an !. tl.e return of Flour is moderate. For Wheat the de maid is not brisk, and last Monday's prices are hardly sup po:tee. Bariey, Beans, avid Pease unaltered. Oats are to erable free Ea e, and- former rates are rather exceeded. Hoar• as last noted. English rish Rneign ARRIVALS. Wheat. Oats. I 8,314 rs '1,090 qrs. t 4,435 qrt. 4,9_0 s 1;80 150,1 10,3:0 I ---- SMITHFIELD MARKET. This day's supply of Beasts, Calves, and Porkers, was limited ; , 1 Sheep and Lambs moderately good. The trade was rather dull, it newly Monday's quotations. Milch . Cows were rather numo. :sus, and , old readily at the ir last week's prices, a useful ShOrt. 'lorns, with her small Calf, producing from 15!. to 22!. ~ rinse small t.atr PRICES PER STONE OF 81.£.5. TO SINK THE OFFALS. s. d. to s. d.l s . d. 6.1. i,e nfe o ri . o i r qu ß a e l a i s t t y s ditto 2 2 60 22 10 2 } La 0() 0 o !rime large Oxen... 3 4 3 6! L arge coarse Calves 2 6 310 ..'rime Scots, &c..... 310 4 0; P r i me small ditto 4 6 5 0 Inferior Sheep 2 0 2 4 Large Hogs I'' ilittt , 5 0 520 • 30 3 6 second quality ditto 3 2 3 8 Small Porkers 3 8 4 0 .'.oarse-woolled ditto 3 8 310 . Suckling Calvet 12s. tu3o. each. :.iiithdown Wethers 4 0 . 4 2' Quarter ol , ;Pigs 12s. to IW.e4cli. SUPPLY, AS PER CLERICS STATEMENT. Beasts. ` '7 Sheep and Lambs.' Calves. I Pies. 3UO I ,090 1 217 i 220 DEN ti .+1 e.l by the Carcass. NEWGATE AND LEA At per stone, s. &tag. d. - Is. d.tos. d. Beef, inferior 2 0 2 2 Mutton, inferior... 2 4 2 8 middling 2 4 2 8 middling.. 3 0 3 4 prime large 3 0 3 2 prime...... 3 4 310 prime small 3 2 3 4 Pork, large —........ 2 2 3 0 Veal 3 0 4 8 —mall—. .. ..... 2 8 38 Lamb «w ,..,,,,.,. 4s. 4d. to sa. 4d. ; COLONIAL MARKETS.—(THIS DAY.) BRITISH PLANTATION SUGAR. —We have had nu merous arrivals of the new crop, and prices have in conse quence declined full 2s. per cwt. The sales of the week are estimated at 1,500 hogsheads, including 210 hogsheads of Demerara at 50s. to 545. per cwt. for low middling sorts. EAST INDIA SUGAR.—The arrivals of the new crop are coming in freely, and since this day week about 45,000 bags have arrived. Rather above 9,000 bags of the new crop will be submitted for public sale this afternoon. Middling grey yellow realized 525. to 535. Gd., and bright grocery from 555. to 575. 6d. per cwt. FOREIGN SUGA RS. —There is scarcely anything doing in these sugars. REFINED SUGAR.—The market is steady, and somefew parcels have again been sold at 31s. Gd. to 325. Grocery sorts continue without alteration. COFFEE.-British Plantation descriptions remain in-- active. The public sales have been small on the quantity offered, almost wholly withdrawn at a further reduction of 3s. to 4s. Foreign and East'lndia appear rather firmer. Ceylons are in demand at 51s. as likewise - Brazils at the. late sales priees,.but there are no sellers, except at an ad vance of Is. to Is. 6d. By private contract no business . has been done of importance. 1430 bags of Brazil were sold at steady prices on Friday ; pale good ordinary to fine . coloury ordinary, 51s. 6d.' to 575. Of St. Domingo,. there were 135 bags, and 148 bales of Mocha were . offered for sale. The first was withdrawn at 535. for the good ordinary quality, which price has bean refused privately for the same quality. Of the Mdchas the prices were but realized in part, from 60s. to 635. for the good to the fine unequalled ordinary green. COCOA.-01 Brazil, 349 bags fetched at from 23... to 245. RUM.-Yesterday the Commissioners of his Majesty's Navy took a contract for 75,000 gallons, at quotations near 24. lid. per gallon for Leewards, 5 per cent. under proof. This is a shade below what the last contract was taken at in January last. SewEs.—The quotation for Cassia is only from six pence to . one shilling lower, although the amount brought to market in the week was 1,800 chests, and more than 4,000 chests have arrived : 70s. 6d. to 7•2 N.. was given for the ordinary middling to the raiiidling sort. Pimento and Pepper are both lower by %d; of the for mer 1,063 bags, and of the latter 6 , 18 bags, were taken at from 3Nd. to 3 1 -Ad. for the very ordinary to good clear black Sumatra, and 3 1 Ad. to 3%d. for Malabar of fair quality. Pimento of the low good ordinary stalks to laid ' dling fetches from 4%d. to 4Y B d. SALTPETILE.-The market for this article is very fiat. By the last arrivals, 11,000 bags were brought. There i s not any call for the rough quality. British Refined is from 30s. to 30s. 6d. COTTON remains depressed, and the business transacted has been of no great amount. RICE.-1n this article a pretty considerable sale was. made, namely, 5,159 bags of Java, which was all taken at from 7s. 6d. to Bs. Gd. for quality of the very ordinary de scription (in the husk) to that of a fair sort. TALLOW.—The price is heavy, at 425. 3d. to 425, tied. per cwt. About 540 casks have this week come in front Odessa. YORKSHIRE MARKETS. (From tho- Halifax Express.) HALIFAX. —There was still a further 'Acrease in the amount of the business transacted in tlte Piece-hall, at this market, last Saturday ; but prices, though univer sally firm, were very low, and tile manufacturers com plained very much of the prices realized, notwithstanding the reduction which has taken place in the price of them,. material. The sales of English wool, of nearly all de scriptions, have been considerable during the last week ; and some particular kinds have brought a small advance ; but, generally speaking, wool has not - advanced much hitherto, although the prices of all kinds are now very firm. HIYOLIERSFIELD.—There was no material improvement in the state of this market last Tuesday ; several of the merchants, however, who have been in the habit of pur chasing extensively for the American trade for many years past., were in the market, and did a little business in pad_ dings and low cloths ; but their principal object in being present appeared to be, to ascertain the state of the mar ket. The principal business that is being transacted at present, is in superfine broads for the home trade, which command very good prices, and have not been reduced in price so much as have other descriptions. BRADFORD.—At this market, last Thursday, them was rather more business done in stuff goods than on the pre ceding week ; but we are unable to add that there was any improvement in price. In wool there was considerable 'activity, and a small advance of 10s. per pack was ob-- taMed on some descriptions. LEEDS.—In the Coloured and White Cloth Halls, on Tuesday, the demand was limited, and the little business done was at rather reduced prices. RocktnALE.—This market, on Monday, was much bet ter than for some weeks past ; there were many as buyers,, but low prices being offered, few sales were effected. POISONING AT DUNNINGTON.—TI). vii.. liage of Dunnington, near York, was thrown into a considerable state of agitation and alarm e in Thursday. last, in consequence of the following c i rcumstances . Joseph Shaw, a shoemaker, his wife, and her daughter, Eliza Sha w , a c hild a b out two .years of age, after din ner, which consist e d o f b ro th anda pudding, were taken very ill, and attacked whi t violent vomitting. The child died at eight o'rflock that evening , and at one time the life of th e L at h er was despaired of. An in quest was held .0n the body of the infant by James Richardson, RN., Coroner for the Liberty of St. Peter, on the following day, and by adjournment yes. terday, but the result was not known when our papft went to press.—York Courant. PARIS RACES.--Tite weather being fine, the races in the Champ de Mars were well attended, and honoured for ashort time by the p resence o f the Dukes of Orle ans and Nemours ; many noblemen and gentlemen amateurs were also present. The prize of 2,200. francs, was won by M. Rieussec's br. b. ibis, .carrying 1041bs. Mr. Brown's Waxy having thrown his rider, and the Count de Cm - ibis's: colt lirolla stumbled on the opposite side of tbe: course, conse quently Ibis cantered in, and ctainted the prize. The second prize of 2,500 francs, for four-year cads, was won by M. Rieussec's ch. l'. Hercule, carrying 1131bs. beating Lord Seymour's Frs. Diavolo, and the Count de Gambis's m. Noema. Mr. Brown's Young b W et hs w i ee ,kgr n n a p o i t m s .o tart, io and d n u t e h r e lace was well . e Thesee c o o n n d test d races will take place on Thursday. BOSTON SAEEP FA/R.—The :.inpply of sheep at ow market yesterday was very large, for which high prices were asked, and, in most instances obtained: The very refreshing showers which have fallen within the last fee; days have much enhanced the value of lean stock,, which may be quoted at full five per cent. de4i,rer than at the last Lincoln fair. A pen of fine hugs, the property of M r . Di xon, of Wad • ding_to;.:, brought 50a. each ; they were purchased by ~,„;.. .J, Conpland, of Freiston ; the staple wool upon many of them measured twelve In lengths The gerx_ ' Via) prices were—shearlings, 485. to, 555. • bor.,- mg. to 50s. Nearly all were sold, an d many deP-iers who could not obtain remun erat i ng pr i ces at 1,4 ,nc01n were e nabled to make g oo d pro fi ts at this fai:i., The show of sheep on tlw. ground was very r.ousiderable, there being 7;000 mor e th an l ast year —Boston Herald. The "Dancing master" may be said to be abroad in thi s tour V. Th e f o ll owing announcement is eonspieuou-1y exhibited in the window• of a tailor, residing . in a parish not far distant from Stourport : "...Paticzng tawt hear hat a penny a weak ; thew as walse a apeny more ;" and an eye witness assures us it is a fact that the nailorg, colliers, &e., employed at; the works in the neighbourhood,, weekly resort in numbers to this " establishment"'for the purpose of , ii l iti: a ti. ;44 iu the 4altAtQry art.......ii r Qrcestg Herald, INSTITUTION TO THE EDITOR OF THE SUN. SIR,—In the account which you gave yesterday of the late meeting, held at the Pantechnicon, for the opening of the Belgrave Literary and Scientific So ciety, you attribute the gift of the collection of Mi nerals, Fossils, Shells, &c., &c., amounting to many thousand specimens to a Mr. De Sang. Now, Sir, we have no gentleman of that name, either among the subscribers or contributors. In justice, therefore, to the gentleman who really presented this very magni ficent cabinet, I send you his correct name • and I may be permitted to use the oc cas i on t o a dd, that it was the unanimously expressed opinion of the council —that however intrinsically valuable the gift, the manner of offering it made it doubly acceptable ; and that to this particular gentleman (as well as to every other member of the committee), the thanks of the ge neral meeting were offered, for their persevering efforts in bringing t o m a t ur ity this i ns ti tu ti on , so rich in pro mise to the neighbourhood. To Mr. Jasper de St. Croix, of Sloane -street, the energetic manager of the Western-office of the Royal Exchange Insiirstuce office, is this society indebted for the most valuable gift yet presented to it. I hope, Sir, you will give au oarky insertion to this note, in any way that you may think fit, as your paper is one that always lies upon the tables of the Belgrave L. and P. Institution. B. B. Wilton Crescent, Friday morning. TURKEY. The following is a copy of the communication to the different missions by the Porte concerning the blockade of Samos OFFICIAL NOTE FROM THE REIS EFFENDI. " The fleet now equipping by the Ottoman Govern ment is intended for the purpose of establishing a strict; blockade of the island of Samos, so as to cut off ill mari. time communication with it ; and the Coxamander-in- Chief has received from his august Majesty all the neces sary orders on the subject, " This notice of the Mention is given, because, when the fleet shall arrive in its station off the island of Samos, no vessel of any nation whatever can pass the limits marked out by it, or infringe the blockade, without incwri - og the, risks which will naturally result from a violation of this imperial mandate. "Previous to the establishtuezt of the blockade the Am bassador of is requested to give notice of this inten tion on the part of the Ottoman government, in order that vessels trading to the seas of this empire may be in formed of the same. Th e Ottoman govermuent fully relics that the. sub jects of all their allies will. respect the above mandate. and by complying therewith avoid the prejltctims vv ) !,, i Might result from a violation of the lk:Aade. Our. friend the Avom sAt ly b p the good /1144149 a o' the ing om nst •onl• and the t of pool da 40 ea,l lion or the ext• was 1, it' AieS. the. tV of )0 3 ovsi alter . R d the 5,