The Sun. — London, England, 1856-12-18 00:00:00

MONEY MARKET AND COMMERCIAL INTELLIGENCE. CITY, Two O'CLOCK. REDUCTION IN THE RATE CF DISCOUNT. Until a late hour yesterday afternoon the im pression generally prevailed that the Banq Directors would not; make any alteration in the rate of discount to-day. Then, however, when the subject began to be more carefully considered, and it was recollected that, unless they availed them selves of the present opportunity, nu modification could be effected this year (next Thursday being Christmas Day) some change of opinion ensued, and 'during the early part of this morning a reduction to 6 per cent. was spoken of as certain. This view has prov . ed correct, for, after a very brief discussion, the direc tors separated, with the announcement that the minimum was lowered to that quotation. The general position of the establishment was known to have improved in a degree that would warrant increased discount facilities being granted, especi ally as the Reserve of notes on the 6th inst., when the last return was completed, had risen above 5 ,000,000/., but it was thought that the active de- Maud for money, the tenacity with which the autho riles of the Bank of France retained their restrictive regulation, the continuedinflux of gold to the conti nent, andthe advance in therate of discount at Ham burg,might have induced them to defer the measure Until the commencement of the new year. This relief, therefore, coming as it does earlier than was expected, cannot fail in affording the greatest satis faction to the mercantile community, whose confi dence in a revival of business early in the spring Will consequently be greatly increased. The Liverpool Cotton Market yesterday closed With firmness, and prices were extreme. The sales amounted to 10,000 bales, 3,000 of which were taken on speculation, and 500 for export. The Railway Share Market opened quietly, but subse quently improved, and closed at about the rates Current on Tuesday. The Magdalena, arrived from the West Indies, brings $1,025,485, or about 205,097/., in specie. Trade at Jamaica was exceedingly dull, but with the approach of Christmas increased animation was expected. In Demerara commercial affairs were also in a quiet state. By this opportunity there are advices from Sydney to Sept. 11, which is 13 I days later. At that period the wool market was active, and full rates were current. There are very few letters and papers in town, and the information relative to the recent gold discoveries is exceedingly meagre. An improvement of above per cent. took place on the Paris Bourse yesterday, in consequence of extensive purchases by the speculators. Railway Mhares were generally at enhanced rates. A rumour Was circulated on the Bourse that the application lade by the Syndicate of Bankers for permission to form a Societe Anonyme had been unsuccessful, t he period not being opportune for the formation 01 any new company, especially of such an extent a the one proposed. .The English Stock Market opened firmly at a alight improvement, and as soon as the Bank Directors' decision became known, a further ad vance took place, and the quotations are now buoyant, although the transactions are not very numerous. Consols have been 93 3 f 93 /, and 63 i to 94. Exchequer Bills have declined to 3s. and 4s. premium. The Bonds are 98/, and India fonds Is. discount to 2s. prem. Bank Stock ruled heavy at 2171. The New 3 per Cents. are 93i to 94, and the Reduced 93i I. In the Foreign Market very few bargains have been recorded, but higher quotations are current. Turkish 6 per Cents., from 94 to 95, have risen to 95 and 951, and the 4 per Cents. are nominally Amer. Spanish Certificates have been dealt in at 6 , Sardinian 5 per Cents. at 88k, Dutch 2i per Cents. 651, and Belgian 4per Cents. 98. Market transactions reported in the Railway Share - elarket this morning have not been very exten arve, but prices have in most instances shown a :belt upward movement, having been influenced by the reduced charge for discount announced , t his morning by the Bank of England. South -"-Astern advanced 10s. to 155., Caledonian 155., Manchester , Sheffield, and Lincoln, 10s., and South-Western about ss. Paris and Lyons ad- /l aneed 1/., Namur and Liege 5 5. , and Grand funk of Canada ss. The East Indian lines rule tn. The last week's railway receipts, ascertained up to this day, are in round figures as under :- 1856. 1855. great Western „,North-Western ' B righton 12,843 12,240 tr.ighton 12,248 10,636 Midland 'lonth-Eastern - 14,865 15,058 Caledonian , 4 1'eat Northern '‘ncashire and Yorkshire I Cheater and Holyhead I ,%ancaster and Carlisle morth London North Stafford 0 6,570 6,443 oxford Worcester, and Wolverh 3,879 3,532 threwsbury and Chester iVlnburgh and Gla , gova giasigow and South-Western "Tand Trunk of Canada Great Western of Canada 14,298 11,831 ',Northern of France The following are the nominal prices of Foreign gin - -eks : - Grenada Deferred Bonds, 6 7 ; Maxi -4,)", 211 1; Peruvian 41 per Cents. , 76 78 ; ditto ' Per Cents., 54 6 ; Portuguese 3 per Cents., 14 46 ; Russian 5 per Cents., 106 8 ; ditto 41 p©r cents., 95 97; Spanish 3 per Cents., 42 1 ; ditto ' D efer ed, 24 I; ditto Certificates, si 6 ; ditto Passive, 51 6. Joint-Stock Bank Shares have been almost 11 ,.eglected, the only business done having been in c ommercial of London, which improved about 103., being marked 28. Miscellaneous Shares have also been very in active. Peninsular and Oriental Steam declined to 68, being a fall of about 11., and Electric Tele- Erraph were 94f, also a decline of 1/. to 1/. 105. Canada Land Shares are at steady quotations. BRITISH FUNDS THIS DAY.—CLOSING PRICES. (From the Offictal List.) Iln•nnept. done. sank Stock 3 per Cent. Reduced Annuities New 3 per Cent. Annuities 93s 43i 41. 3i Long Annuities, expire sth Jan. 1860 2i- Ditto 30 Years, expire sth April, 1 885 l7 15-16 India Bonds. £lOOO ............ 2 p Ditto ' under £ lOOO ..... .. 1 d Consols for Account Exchequer Bills, 24d. £lOOO. £5OO ................. . Ditto Bonds, 18 58 , 3i per Cent....., 9 Bi t PRICES OF FOREIGN FUNDS THIS DAY. Brazilian Fonds, 6 per Cent. bitto New, 1852, 46 per Cent. Guatemala Bonds, 5 per cent 55 kexican 3 per Cent _ Ditto Account .... Peruvian Bonds 4.i per Cent 77f Russian Bonds, 1822, St., 5 per Cent — Ditto, 46 per Cent. ........... q 6 ‘ % ardinian Bonds, 5 per Cent. Ditto Account 4 13,'"I'h Bonds, 3 per Cent ... ................. '''ltte New Deferred, 3 per Cent. ......... 24 } S panish Committee Cert. of Coup. n9t fun 6 i xurkith Bonds, 6 per cent D itto Account Ditto Guaranteed, 4 per Cent. Ditto Account 11'‘ , dende on the above payable In Lender. l'rench Routes, 46 per Cent. — , D itto 3 per Cent. 67f. '''' el gian, 26 per Cent., ex. 25 francs ,Ditto 4i per Cent.. ex. 25 franc s unteli Exchange, 26 per Cenl., 12 Guilders 651 Ditto 4 per Cent. Certificates THREE 0' CL 0 Cir. s~s Consols (Money) — Ditto Account (January S Yesterday morning a fire occurred in the premises of I ,l lr . S. Maw, surgical instrument-maker, No. 11, Al. ersgate- s t ree t, City. The damage is estimated at taveral thousand pounds. Yesterday afternoon a fire happened in the extensive w orks of Mr. Waller, engineer and barge builder, carry leng on busin ess i n Upp er Fore-street, L am b et h, a nd ~tended t o th e r i ver s id e. It was no t ex ti ngu i s h e d un til great damage had been done. IYesterday Lord Campbell announced the death of Goodrich, one of the Masters of the Court of Qu een's Bench. 8t 5) It. St. 100 100 20 20 rikE _SO N, LONLIO N, TII tj..ft 8 1).-4, .),' SHARE MARKETS—Crhis Day.) , shr. !raid, VF. Closing Price. tinstness done this day. this day A 3 i 931; 62i 34 3 374 9; I 89 i LINES LEASED AT FIXED RENTALS. Shr. , Ps ue4tfa, omroaaB, Closing Prices this day. tiondcn W. L &N. V. Catodon E. Cr. &E.O Gt I.lrtua. I • E. Count. 1; 1 24 ; 41 St. 100 5 all Bt. 100 Si. .10i 25 1 all 100 all UL Niestn Yk. New. & Berea. Y.& N Ma 97 98 98 102 11 13 133 136 4 4b Do Do 18. Baden Da 166 1 Peto & Co 1 D o 121 - 13 221 - 23 112 - 114 P Norfolk, Do L.&N.W.J & Midld. Stekton & Darlingt. Midland.. En. Conn. C. Count Do 1 all ' all 1 all too 18$ Do.. L. &N. V Do Git Northn Lancash& Yorksh. T. Brassey H.DlClean Stockt. Darlingt Do ••• '.... ... kltWestn. 2i - 2i R : ii Business this day 92k r • 1 56 - 58 132 - 135 8t - 9 33 - 34 89 - 91 ta' , EVA; JLnst 1331 f,,, S"..rrainc. VirciVe:b. Stop: Ve-Ley,„..., Juric; • 11;3. Chesh. & D. do Blackburn Myth & Ty :ID orig,ina £25 (issd. at £4C Bristol and Exoter C.sl , Aon 4 nn. C'hoster Holyhead (Cork and 'Bandon Cicrk, Black, di PM rCornwall Do. A Do. B Driblin&BolfastJune Don. P. & Abt.r. Jnc. East Auglian ....... /Eastern Counties.. East. noinn s A Sti ae., B. Stock. IDo., New A..... !East Kent East Lancashire East Suffolk Do. Edinburgh & ulasgo Edinb. e.nd Peebles. Edin. Pr th &Dunde Forth at Clyde Jnn Furness ;Glasgow & S. Westrn !Great N. of Scotind. Great Northern Do., A. 5t0ck...... 'Do B. Stock Gt. oth. &Wost.are.y Great Western ....... . Do. Stour Val. Rai; Gua. Stk 'lrish South-Eastern Lancaster & Carlisle Do., Thirds Do. New Thirds Lancash. r.ndYorksh Do., Wst. Riding Un . Do. Southr or t London & - Blackwall Lond. Bright & S.Cst Loud. and N. Westn Do. Fifths D0.101.1311.,1tt&8...0 Do. Eighths,. LondoiiandS. Weg tn. Lndndrry&Coloraine Lndudrry. & Ennisk. Wanch.Shcf.&Lincli. metropolitan Do. J. L. Ricardo's arrangement Midland )o. Birmng. &Derb Sildld. 6. West. (Ire, Do. Half Shares Towcastle& Carlisle Nwpt.Aberg.&Hrfti ti awry lewry, Warrenpoint and I:ostrevor gorfolk qorthn.Counties Un North British Ith. Devon Rail. & Dock Stock Do., A Stock_ B Stock.., ,00 g. Eastern-133mi( k 233 )o. do. Extension 165 po.do. G.N.E.:enrob ill Do. Leeds 00 Do. York North London .315. - Wstrn.,lla.m/ at tid , and City Jn,, North Staffordshire Forth Western q. &S. Westrn. Jun:, ix., Wore., & Wolv. 'ortseaouth Rhymney offish Central Scot. N E.Abrdn St, Do. Soot. Mid. St. 3 ~,,pghire Si tineboumekSheer. outri Dovon South oath Wa los Yrksh. fs Riv. Day )o 4 , aineß,Wok. hWol - Sqookton & Darling Do., do., 1554,.,,. Do., do., 1855 tc2kten & Hartlep C-.ff Vale.... )o Pref No .1, ri , ames Vale of Neath Xaterfd. Watorford&Llmerio: West C0rnwa11....... A 7 est End of Londox and Crystal Palace. Do. A. Do. 88. West London , Do. First Class Do. Second Class... k, r •-•7 I 400 100 100 Xll 'lOO 1111 1 100 10e! luo a'l 94 - 96 7 - 88i - 89 74 76 .20 125 i 12 114 69 GPI 70 74 54 6a 54 - 64 97 , 97 lll 1127 1.05 a 106 203 21 101 10 LO7 108 ii - ii 82 - 51 - 56. -- - ••• ... ~ 13 - it 50 52 34 3td 40 ~... 41 83 - 81 4i - 4 3 - 2i 18} - 184 59i 6(4 96 - 99 5j - 5i 6 - 7 10 - 11 29 - 30 LOG - 108 26 - 70 72 48 50 1i 1 174 184 73 3 - 74 80. E -• 81:,1 5 - 3d 2 - 1 14 - 16 38 - 40 - ... ••• ''' 19i 6 - 8 2 - 4 5 - 5/1 •• "." .., 7 9 COLONIAL. tout bay . , ASnroda, Con.lndia, g. 5 p. c Do. Ceylon A shares.. Do. B. do.. )emerarn Eastern Bengal ast Indian A and B, g• S ........ Do. EX. C, gu. sp. c Do. do. D, gu. 5 p. c. D 0.41 p.c.Bnds.,'s7 t)o. do. do., '59, do Geelong h Melbourne guar. 5 per cent Gd. Trunk of Canada )o. Cert. of Deben. eon. into Stk. till'63 Do. Comp. 6 p. c., do. Pen. g. 5 p. c. Do New, guar. 5 p. c It.Westernof Canada Do. New )o. Bds., payable '57 Do. do., '76, p. '6O )o. do., '73 do. Do. do., '73, without option ttadras, guar. 4} p.c. Do. do., 5 p. 0. Do. 44 p. c. Exten Do. 3d Ex., g. sp. c icinde, guar. 5 p. c Do 3t. Andrew's and Qaeheo (A) t~'Vli: k utwezp?: - Itott rdt mm 4rdennes Belgian Eastn. June Rulers to Graiseesste Buff. & Lk. Hur, Ry. Carraeaux & Toulouse Coal Mines and Ry. Dutch Rhenish Eastern of France T)o, New Euphrates Valley Ceutral of Fran( e 'lrent Luxembourg Italian Junction....,, Lake Const. & Basle Lierre and Turnhout Lombardo Venetian. Lucca & Pist. 5 p. c.p. Ly on s and Geneva Lyons & Mediterran. Maria Antonia Do. do. New I m our & Liege , Do. do,, 6 p. c. Pref. Northern of France. NorwegianTrunkPref I Paris and Lyons Paris and Orleans Recife & San. Fran., (Pernam.) g. 7 p. c. Rome and Frascati Royal Danish Royal Swedish S'ambre and Meuse._ Do. 64 p. cent. Pref. "iontbern of France 'Nast Flanders Do. 6/ pnr c. Prof W. & N. W. of France Western of Austria West. of Switzerland Wiesbaden . Do. 8 per cent. Pref Zaaland .......».... Jorivr-sToi kustralasis, .......... Bank of Egypt Bank of London .... Bri. Col. Bk.&Lfl. C. British N. American Chartd. Bank of Asia %Ad. Bnk. of India, Australia, & China City Colonial Commercial of Lond. En g.Seot.&Ans. Cht. Loud. Chart. Bk. of Australia ............. Ditto New. London and County.. Lnd. &E. Bnk g. Corp. London Joint Stock.. Loud. & Westminster National Pro.of Bin Do. New ........... National Bank .... New South Wales , 'Oriental Bk. Corp , Ottoman Bank ...... Provineir.l of Ireland Do. New R Aus B &Go Im Cr iorth Atlstralis (In it 4 of Australia I Do. New kowl•-•••••••11606 thlloll of Lmc ton ,r Unity Mutual Wosioru Bk cf Londi 1 - l 4 .i : ii 113 - 115 2 2ip • ... 22 11i - 12 77 - 82 21k - 22, 3 / 4 1$ - 24 - 244 2 - 2p 99 - 100 117 - 122 117 - 122 109 111 20 - 20 22i - 22 - 13 1 9' 1 - 2} - 2ip :MN. G - - 7* 1` 2 p par- p 5 5a 32 i II 33` 9 . 10 k— i p i 5 5 - 5i Imo •••-• ... 01 - 6ip 9i - Dir 7A - 8 370 14 - - 38 194 8 - 84 51i - 55 51 -- 53 - - 20 1 - I'i 9 - 8i - 94 - pm 4i - 9 0 - 10 33 - 34 - & BANKB. 98 101 id - par 62 --- 64 " - ...pi 68 - 70 sod ... ri i :- i s 20 -- 21 1 191 -- 1 - 3p ... -- ... ... -- ." .« 0 ." . • 38 - 39 1 .. ...". .... 35 - 37 66 - 68 7 - 9 10 g . . 11 6 is.. 4a 50 16i St. 100 i all all 100 100 100 3 130 100 69. i 9744 1051 / 201 6i 1071 6i 71 82 # i i 31i i 731 4 4 81 1131 15 12i i 111 / i / 12 79 i f3i 22 11 5i 243 10 7 i i i 37i 8 54 51 38 131 11 RA ILWAYS. L'eclfoi'd av_d Blbtobley :gym. los . ia • Col. Scour Vy. E. I,lm. wopz E. En. H. Si'. 1."4r.r. & Halls. Direct Ne Gistr.a Dn Pr Hrtlpl. Dk. & Railway,,.,. Hull & Selby Do. A Stare. Do. Shares, Lon.&GreeilV7 Do.Preferanee Lon,, Til., Az S. Do. Bark. Sh. Low34toft gr, 4 per cont. Do. 6 per et. Manch. Bxtn. and Matlock Middlesbro' & Rede.g 6 p.c. Midld.Bradn. Newmarket Bury E. G.spc N.& Est.sp.c. Do. 6 per et. Do. Fixeds p c Prest. & w yrc Do. Shrs. A Roystn.& Hit. Shof.Roth.an , : Gooleg.s p.c. Shrews.&Her, S. Staffordsh. Wear Valloygr 6 per cent._ Do.. 1 Mrilts&S;cuirst Blyth and Tyne leper c. pref. (ised. etsol, Brig. & Ex. 4 P. c, St. Do. 4 p. c, Shares Calodii. £lO 41 p.c. & 11.0. an. 5 4 pc Do. do. Pref. 5 per c. Cork dsßandons6p.c. Dun.Prth Aber.J. E. Anglian Cle. A Sh. Do. fit). Cls. B 6 p. c. Do. do Cis. C 7 p. c. Has.Co.E.x,spcNo. Do. No. 2 . Do. New 6 p. 0. St East Un., G. 6 p. c. Do. 51., 10 per cent Do. lbl. Debentr.Sh. Do. do. 4 per cent East Lancash. 6 p.cts E. kW. York. J. sth: Edin. & Gl. 5 p.c. sh. Ed. Prth.&Dnn.4p.c. Furness, 5 p. c Glas. &S. W G. 5 p. c Great Northn. 5 p. c Do. 5 p. c. Redeem. at 10 p. c. prem... Do. 4i p. c D 0.5 p. c., Red. at t p. c. pm. . Gt. N. of Scot.lst Pre Gt. S. 4,11 V. (Ireland, Do. 4per 0. Prat S Gt. W.(B.kll.,Exspc Do. con. red. 4i p.c. con. red. 4 p. c. Do. irred. 4p. C. Do. 5 p. c. red. pref Do. Birm, Pref. Sh Do. Chester 8 p. e.P.E. Do, do. 5 p. c. do Do. Birm, Gus. Stir Do. Ches. Gus. Sh.. .Do do, do Do. do. do Lan. &York. F. £2O Do. • o. 6 p Stock Lon. &h. G. 5 pc. No.l Do. P., spc. St.No.2 Do. New Gnar.6 U. Do. do. 5 p. c.,N0.4 Lon.&N. W., Coy. & Nuneaton 5 p. ct... Lou.& S.W. 7 per ct late 3d Shares dl L )ndy. & Coler. Sh. ill Londy. & Sh 100 M.,5.,& L.,6 p. Cent 4i Do. do. do. £6 )0 Do. do. 34 per cent. 611 Yarypt .&Carl.4 p 611 Do. 4; per cent .o.' Do. do. Mid. Consol.6 p.c.St Do. Con.Tir.Nr. 6pe Do. 4i p. c. Pref. E t Ditto L. & H. Pref. St New., Aber., &c., pr. 5 p. c. red. 5 p.c. pm. Do. Perpet. 6 p ct. with optn. till '66 Norfk. Deb, 4 p.c. sh Do. Pref. 5 p.c. St , c Do. 5 pa. Ext.,1846 Do. 5A per c.pf.,1847 Do. Wv. V.6pc.,1847 North British PREFEB.ENCE SHARES. - ... - 100 IDo 71. Preference N. E. Berw, 4 p.c. P. Do. do. do Do, Leeds 6 p.e , .N0.1 Do. do. Qr5.,1848... Do.Yorklif.& Pur. North Staffordshire.. Ox, Wo, &. W., 6 pc._ Do. 6 p.c. Redeem. ,Scot. Cent. ,New Pref Sc.N.E. Aber. g 6 pe Do. d0.,7 p. c. pf. st. D0.d0., 36 p.c. pf. st South Devon Do. flxed,46 per cent S. Eastern (Reading Ann.) of £1 Os. 6d. Do. 4i per cent Do. Fixed 4i p e sh 3. Wales Gua. 4 p. c Do. do. 4i p. c.... S.Yorksh.4p.e.Guar. Stock. & Dar., 5 p. c. Do: do. do Stock. & Ilartl. g. 5 p. a. till July 1, '56 Waterfd. & Kilk. 6 p c MINES. A.liglo Californian 1 Xuatralian Radon (Gd. Duchy of), Bhonar. Iron & Coal British Iron Brazilianlmp.(issued at 25 pm.) Do. Cocaes & Cuiab , Do. St. John Del Ray Clarendon Cons. Min Co. of Jamaica I Cobre Copper :;; , Colonial Gold Copper Min. of Eng Do. Pref. 7i p. cent Copiapo Fortuna Genczal Gt.NuggetVeinßeg Great Polgooth Gt Wheal Vor United Liberty Linares Lusitanian fariquita New Granada Nouveau Monde Pontgi.Sil.& Le. Min Port Philip Quartz Rock Rhymney Iron Do. New Santiago de Cuba Sort. Cons. Min. Co South Australian Do. Scrip Do. 10 per cent Pref Tam. S. &L.Min. Co Tin Croft United Mexican Waller West Mariposa Worthing Mining of Australia ........ N • MISC. tustralian Agricult. Aus`zaln. Royal Mail tterlin Water Works Brit. American Land Canada C. Go. 6 p.c. Jan&July Do. 6 p.c. Feb & Aug Do. 6p c. Mar & Sept Crystal Palace. Do. Preference Crystal Pal. of France Duston Iron Ore, Eastern Steam., Electric Telegraph Electric Teleg, of Ir En. dans Cop Sin Co Gen. Ir Sc Col (Urn.) Gen. Steam Navigat. General Screw Steam London Discount . Loud. Gen. Omnibus Magdalena St. Navig dediteran. Elec. Tel. Mexican&S.America. Nat. Discount Co.._ Do. New Netherlands Land..., Do. Do. Do. 8 p c P•iss at 1 d Do. Do. New B. di N. S. Land N. S.W. Gov. sp. c. D. N. B. Australasian Nrth. of Europe Steam Oriental Gas Do. "New Shares" Peel Rr. Ld. & Minrl. Peninsular& Oriental Do. New Royal Mail Steam Scot. Austral. Invest Ditto New South AustraLlAnd Subtaar. Tel. Scrip Do. Registered. Trust Van Diemen's Land 1 1 7 ,G ),6p.c. Jan 4 J uly 4i - 6 - 6 109 - 113 101 - 108 i 4P 12 - 1 2 . 090 ..... •I ••• ..., .. •s• '.... .. 8.1 - .. ... ... 75i - 76 • , ii lie 09 - 111 .02 - 104 61 - 63 9i - 10; ••• .... 6 - 6 95 - 97 87 - 89 99 101 10 - 10* 16f - 17' 10 - 10: 73 - 75 19i - 20: 9 i - 10; 141 - 15 4 137139 • • 139 - 142 117 - 119 1.14 ... 157 - 159 6o 70 137 - 139 98 - 100 1 89 - 1 - lii ... ••, to• =Eli 92 - 94 - id P 1106 - 108 114 - 116 105 - 110 17 - 18 1 23 - 24 101 - 103 10k - 101 3 274 - 28?: 2 - p ••• -- ... 2i - 31, •• ••• • i ••••• li **i **i - 2 31 4 15 - 17 P - iP 57 - 59 30 35 25 27 13 15 i id * - $ 4 - 5 Si ld p 1 4 - i 9 11 23 - 25 7 - 9 - 2i - 1+ ••• ••• - 1 - 31 34 - 4 ••• '"'.. ••• if '''' i 24 - 25 4i - 5 - 40 - 45 123 - 128 113 h - 114 2 -2/ 51 - 5i 93 95 = 5i - 6i 3i - 3i i 3 . 10 -- lip -- 1} - 14 3 i - 41 - gp 15 n IP - 20 34 —24 d, P 168 7 0 4 p 67 69 - 36 38 1 -- 1 • 16 - 18 tea ... ~. 100 5 100 100 all 100 100 100 100 100 100 100 100 100 all ice} 100 100 100 100 all all all 12a 1•4, , I t W 9 E C yam.l3 18 5 LITERATURE. Clover Cottage ; oi, I Can't Get In. By the Author of " The Falcon Family," & - c., Chapman and Hall, Piccadilly. We accept this little volume with smiles and thanks. It is of simple, yet somewhat original construction ; and will help to pass away a dark long evening very pleasantly. The incidents and interest lie in the futile endeavours of Mr. Wind fall, a generous, sensitive gentleman, to get resi dential possession of Clover Cottage, a perfect "love" of a place, lately left him by his godmother; which said cottage the said godmother had lent to a clever and pretty little widow, Mrs. Wily. The widow is, of course, reluctant to. experience the fate of her first parent, and be turned out of Eden —so adroitly parries all Mr. Windfall's attempts at ejection, until Cupid draws up Articles of Peace, ratified by the seal of Hymen. With the acces saries of a dinner-loving friend, an honest lawyer, a village Poet Laureate, a lady confidante, and a few other scene-shifters, the drama is fairly sus tained and agreeably concluded. Clover Cottage is thus rhapsodically described by "Florio," the sentimental minstrel, who strikes his " wild guitar " whenever a pic-nic or holiday feast is in the ascendant. On the strength of this extract it may be imagined that the book is very read able : " Imagine the rosiest, cosiest, sunniest, honeyist, love liest and do ;finest, balmiest, and lamb-iest, neatest, sweet est, and completest cot, cottage, nest, nook, den, hermit age, or whatever else there is at once snug and beautiful in all the world—imagine that, and you have Clover before your mind's eye as perfectly as it was a picture by Gains borough.' " Or figure to yourself, if you prefer it, an extract made by Atkinson or Rowland from as many charming rural re treats as there are perfumes that go to the composition of " milles-fleurs." Clover was not so much cottage as otto, or concentrated essence of cottage. It was just the bonny thing that Mab would choose to tickle your fancy with,if she wanted to drive you cottage mad. You know that form of insanity? The Sylvios and Pastorellas are very subject to it at tender ages, and the fit generally comes on when the 'young May moon is beaming,' so that there is no question of its being a form of lunacy, though one of the mildest. " Clover, you must know, had the most powerful natu ral orchestra that ever ravished the human ear. Black birds, thrushes, larks, linnets, finches, and doves, in short all the Sweet Unpaid, sang, piped, warbled, and cooed the livelong day in the woods and meadows that encom passed it ; and the moment night came, the nightingale— melodious row—turned it into day again with his inces sant nocturnal performances. Moreover, combining sub stantial comforts with airy delights, this fortunate spot could boast of the happiest family circlet of cows and calves, kids and rabbits, pigs and guinea-pigs, lambs, lamb kin; and lambkinets, that ever bleated or grunted, frisked or capered, nibbled or browsed. Then its flower-garden, which hung on a southern slope, was a wilderness of sweets and a blaze of colours ; to what can I compare it but a variegated robe suspended in the sun, or an eastern carpet on which my lady's maid has spilled a whole casket of odours? The kitchen-garden was. the flower-garden re peated or prolonged, with the necessary substantial differ• ence of containing all manner of delicious fruits and escu lent roots and herbs, from the melting peach to the hot horse-radish, which grew, let use tell you, at a prudent distance from the monkshood. The side of the dell oppo site to the garden was not covered with green velvet, but with a smooth verdant turf that looked as like green vel vet as possible ; and finally, down in the bottom of this romantic hollow ran, sparkling and foaming, a stream abounding with trout of the finest flavour, while across it was flung a rustic bridge, uniting the two aides of the valley, and completing the loveliest picture in the loveliest shire of the loveliest country in Europe." LLOYD'S SHIPPING.—(This Day.) LONDON, Dec. 18.—Wind this day at noon, W. ; mo derate breeze and hazy. PORTSMOUTH, Dec. 17.—Wind N.W.—Arrived.— H.M.Str.'s Retribution and Resolute, from Cowes. Off the port—Adelaide, from Antwerp, for Cape de Vesds ; Pavl Jones, Antwerp, for Buenos Ayres. PLYMOUTH, Dec. 17.—Wind W. — Arrived—Hannah Jane, from Rio Grande. Sailed—Centipede, for Malaga. FALMOUTH, Dec. 17.—Wind variable.—Arrived—Ara- Minta, from Liverpool, for Fernando Po, with loss of sails and bulwarks. RAMSGATE, Dec. 17.—The Sultana (s.s.), from London, for Lisbon, has commenced discharging cargo, a small por tion of which is damaged. (PEI% mac az iT nr E o ß p i o z o r, L IT Thursday Morning. Wind N.N.W. Arrived—Jenny Jones, from Iquique ; Josephus, .St. John's, N.B. ; May Queen, Mobile ; Simoon, New - York. Sailed—Milan (s.s.) for Trieste; Beline, Ceard ; Mary Ann Rolliot, Calcatta ; Lea, Bahia; Castro, St. Lucia. QUEENSTOW N , Dec. 16. Wind S. Arrived—Amacordia, from St. Andrew's ; Bate, Que bec ; Isabella, Ibraila. Sailed—Thessalia, for Lisbon. (BY SUBMARINE AND BRITISH TELEGRAPH.) GRAVESEND, Thursday, 10.7 a.m. Wind S-W ; five hours ebb ; light and hazy. Arrived—lndia, from Dantsic ; Martha, Lisbon ; Nep tunus, Odessa; Uncle Billy, Antwerp ; Horeb, Antwerp ; Kato, Antwerp. DEAL, Thursday, 9.55 A.M. Wind W., moderate, and fine. Anchored near the Tongue Lightship on the 17th.—Cosi pore, ship, from Antwerp, for London. MARKET NEWS.—(This Day.) CORN EXCHANGE. GENERAL AVERAGE PRICES OF BRITISH CORN For the week ended Doc. 18,1846, made up from the Returns of the Inspectors in the differentCitios and Towns in England and Wales per Imperial Quarter. WHEAT. I BARLEY. OATS. I RYE. BEANS. PEA.. 60s 1 43s 11 233 51 42s Id 43a 71 41s 10d THE SIX WEEKS' AVERAGE. WHEAT. BARLEY. ( OATS. RYE. BEANS. PEA.. 1 62s 81 45s 11 r 25s 31403 111 45s 6d 433 11 QUANTITIES OF GRAIN SOLD LAST WEEK. Wheat, 107,808; Barley, 102,457 ; Oats, 20,941; Rye, 44 ; Beans, 6,303 ; Peas, 3,642 quarters. MEAT MARKETS. NEWGATE AND LEADENHALL.—The trade was less active to-day, yet prices were supported. Beef, from 3s Od to le 6d ; Mutton, 3s Gd to 4s 8d ; Veal, 4s Oct to 5s Od ; Pork, 3s 10d to hs 4d per Ms, by the carcase. SouTHALL, Dec. 17.—T0-day's market was well supplied with stock, in which a good business was transacted, as follows :—Beef, from 3s 6d to 4s 101; Mutton, 3s Gd to 5s 2d; Yee, 4s Oct to 5s Od; Pork, 4s Oct to 5s Oct per 81bs, to sink the oftal. ROMFORD, Dec. 17.—We were well supplied with fat stock, which sold readily, on higher terms. Beef, from 3s 6d to 5s Od ; Mutton, 4s Od to 5s 4d • Veal, 4s Oct to 5s Od; Perk. 4s Oct to 5s 2d per albs. Quarter-old store pigs, 23s to 29s each. HAY MARKETS. SMITHFIELD.—Meadow hay, 2110 s to 41 4s ; clover do., 3/ 10s to 5/ ss; and straw, 1/ 3s to 11 8s per load. Trade dull. CUMBERLAND. —Meadow. hay, 2/ 128 to 4/ 8s; clover do., 31 10s to 5/ 5s ; and straw, 1/ 4s to 1/ 9s per load. A moderate demand. WHITECRAPEL.—MOadOW hay, 2/ 103 to 4/ 4s ; clover do., 31 103 to 51 8s; and straw, 1/ 3s to 11 8s per load. Trade slow. CRYSTAL PALACE.—One Shilling Day.—/ esterday. Admissions on payment, 497 ; do. by season tickets, 275 ; total visitors, 772. Mr. Charles Forder, belonging to her Majesty's Customs at Southampton, has been appointed at the head of the Tide Surveying Department at Cardiff. THE MAILS. SOUTHAMPTON, Wednesday. The Royal Mail Company's steamship Atrato, Captain Woolley, sailed to-day with the West India and Mexi can mails, 88 passengers (including whom were assis tant surgeon Webb, Lieutenants Luke and Green, and the Rev. J. Henry, for Callao), specie value £5,000, jewellery value £7,000, and a full cargo. The Penin sular and Oriental Company's steamer Sultan, Captain Neil Cook, also left to-day, with the mails for the Peninsular Ports, 35 first-clase, 18 second, and 11 deck passengers; bar gold, value £28,913, and a good cargo. Among the Sultan's passengers were the Hon. Captain Elliott and family, for Gibraltar ; Captain Westropp and lady, for Cadiz, &c. The United States mail steamer Fulton leaves Havre to-day, and Cowes at daylight on Thursday morning, with the French and English mails for New York. GORDON CUMMING'S EXHIBITION.—Yesterday being the 400th time that Mr. Gordon Cumming has appeared before the public to portray his exploits and adventures in South Africa, the occasion was signalised by the intro duction of several new views and features connected with the lion bunter's career, tending to enhance the interest of the exhibition. The whole representation is a highly satisfactory one, exhibiting a graphic: and inefface able picture of the interior of a contiut3nt, which is already enjoying a large share of public attention, and is probably destined to awaken still greater interest at no distant period. If any doubts have existed in some minds as to the accuracy of the narratives, they are now, indirectly at least, removed by the testimony of African missionaries, and among others of Dr. Livingston; and however wonderful Mr. Cumming's adventures may appear, there is now nothing on the fa ce o f thi ngs to impeach their perfect credibility. CHICAGO AND THE ATLANTIC SEABOARD..—At a meet ing of the Board of Trade of the City of Glasgow, held at their rooms on Wednesday, Nov. 19, S.. Howe, Esq., in the chair, Wm. Bross, Esq., made a few remarks on the commercial importance of the Canadian Grand Trunk Railway, and offered the following preamble and resolu tions, which were seconded by George A. Gibbs, Esq., and were unanimously adopted : " Whereas the Grand Trunk Railway has recently been opened for travel and traffic between Montreal and Toronto, which, with con necting lines, gives Chicago another thoroughfare to the Atlantic seaboard ; therefore, resolved—That the con gratulations of the Board of Trade of the city of Chicago be hereby tendered to the citizens of Canada on the suc cess of this important commercial enterprise. Resolved —That we regard with special favour the establishment of a line of propellers between this city and Montreal, connecting therewith ocean-going steamers, and that in our judgment when once the advantages of this route are fully known it will be triumphantly sustained by the rapidly increasing import and export trade of the West. Resolved—That the growing commerce of the Lakes re quires greatly increased facilities of transit to the ocean, and that we respectfully urge upon our Canadian neigh bours the importance of enlarging the Welland Canal, and the construction of the Georgian Bay and Ontario Ship Canal, should the route be found practicable, at as early a day as possible. Resolved—That the congratula tions of this board be presented to the citizens of Mon treal at the success of their great railway festival on the 12th and 13th inst." ZbErW Xbrition SUN OFFICE, Seven o'clock. NAVAL APPOINTMENTS.—(This Day. The following appointments were made at the Ad miralty this afternoon : Commander J. M. Cooke (1852) to the Si moon, troop ship. Commander G. T. M. Purvis (b) (1852) to the Me para, troop-ship. Second-Master Philip .Syvret to the Dasher. Assistant-Clerk Henry G. Brokenshir to the Indus. ADMIRALTY CIRCULAR. EXPENSE IN MESSES OF HER MAJESTY'S SHIPS. ADMIRALTY, DEC. 12. My Lords Commissioners of the Admiralty have lately had reason to believe that much greater expense has been incurred by the messes of officers in some of her Majesty's ships than is sanctioned by the rules and customs of the service; and, from complaints which have been made to their lordships, that mess debts have ;not been liquidated at the proper time for payment by the officers contracting them, and claims have consequently been made upon offi cers who were subsequently appointed to subscribe for the discharge of debts, to which they had given no sanc tion. My Lords have to call the attention of the officers of the fleet to these irregularities, in order that they may be avoided in future ; and th e i r lordships desire that the offi cers of the ward-room will adopt such measures as will enable their messes to be maintained with credit and com fort, and free from extravagance, and thus sot a becoming example to the junior officers. ... In regard to the gun•room messes, my Lords have on several occasions had brought to their notice circumstances of extravagance and mismanagement, which have been caused by the unnecessarily high subscriptions, and the use of expensive wines and spirirs, totally at variance with tho custom of the service and the pecuniary means of the officers. With a view of putting a stop to such irregularities my Lords direct that the subscriptions to the gun - room messes shall never exceed the sum of eight pounds for entrance, and that the monthly subscriptions, including all extras, shall not be more than thirty shillings. Their lordships further desire that no wine, except port and sherry or wine of the same class and price, and no spirits, except the ship's allowance, be used in the gun room messes. No wine, spirits, or beer are to be received on board of her Majesty's ships without the written approval of the officer in command. Their lordships have also been led to believe that in some of her Majesty's ships messmen, under the designation of stewards, are still permitted to carry on the sale of provi tions, wine, spirits, &c., to the messes of the officers as well as to the men, in direct contravention of the Admiralty Order of the 30th May, 1851. The attention of the officers of her Majesty's ships is called to this subject, as nothing can tend so much to irregularity in a mess, as well as to injury to the discipline of a ship, as to permit any person to make a traffic by the sale of provisions, spirits, &c., instead of the messes being properly conducted by their caterers. The Commanders-in-Chief and Senior Officers in com mand of Stations are hereby directed to take the necessary steps for carrying out these orders.—By command of their Lordships, R. OSBORNE. To all Flag-officers, Commanders-in-Chief, Captains, and Commanding Officers of her Majesty's Ships and Tassels. LAW INTELLIGENCE.—(This Day.) COURT OF EXCHEQUER. (Before the Lord Chief Baron and a Special Jury.) THE SADLEIR FRAUDS —FOLLARTON V. RHODES AND ANOTHER. This was an action brought by the plaintiff for the recovery of a bill of exchange for 7001., drawn by Messrs. Dann, Hatterley, and Co., engineers, of Manchester, and accepted by John Sadleir, and accepted by him on behalf of himself and the defendants, his co-directors in the Royal Swedish Railway Com pany. Mr. Hugh Hill, Q.C., and Mr. Melhuish were coun sel for the plaintiff ; Mr. Wilde, Q.C., and Mr. Phipson counsel for Mr. Edmonds ; and Mr. M. Chambers, Q.C., and Mr. Aspinwall for Mr. Rhodes. Mr. Hugh Hill, in stating the case to the jury, said that this was an action upon a bill of exchange for 7001., drawn by Messrs. Dunn, Hatterley, and Co., and ac cepted by the defendants ; and the substantial grounds of defence were, first, that the acceptance of the bill was not theirs ; and, secondly, that if it were so, Messrs. Dunn, Hatterley, and Co., the drawers of the bill, had obtained it by fraud without consideration, and that the plaintiff was not the bona fide holder of the bill for value, having taken this bill before it had attained maturity. So that, in point of fact, the two questions to be decided were, whether the defendants were bound by this acceptance, and if so, was the plaintiff the bona fide holder of the bill for value, having taken it before it became due. The bill was dated Manchester, Jan. 28, 1856, and was drawn by Messrs. Dunn, Hatterley, and Co., and directed "to the Chairman and Directors of the Royal Swedish Railway Company," and the body of the bill was as follows :—" Three months after date pay to the order of ourselves in London the sum of 7001., value received;" and it was accepted payable at Messrs. Mas terman and Co.'s, bankers, London, for self and co directors—John Sadleir, Chairman of the Board of Directors, 12th May, 185 G. The plaintiff was an iron merchant in Manchester, and the defendants at the date of the acceptance, and for a long time prior and some time after the acceptance of the bill, were directors of the Royal Swedish Railway Company. Messrs. Dunn, Hattarley, and Co., the drawers of the bill, were engineers and contractors, and were in the habit of dealing with plaintiff for iron. In January and February, 1856, they were indebted to the plaintiff, who was the holder of two bills of theirs, one for 3001. and another for 2241. Ss. 3d., one of which would become due on the Bth February, and the other on the 18th February. These bills had been paid by the plaintiff in the ordinary course of trade into his bankers, Messrs. Brookes and Co., bankers of Man chester, and there was besides this a sum of 90/, and 1001. due from Messrs. Dunn, Hatterley, and Co., to the plaintiff. Od the 4th of February, the cashier of Messrs. Dunn, Hatterley, and Co., called on the plaintiff, and produced the bill in question, and he tendered it to him with which to retire the two bills for 3001. and 2241. Es. 3d., the balance to go against what goods had been bad since their drawing. The plaintiff asked if the bill was a good one, and he was informed that it was, and that ha would be safe in taking it; and having reason to believe the statement, he took the bill and retired the others when they came to maturity. That was the mode in which the plaintiff became possessed of the bill, and he therefore, in the strongest sense of the word, became the bona fide holder of the bill for value. He had no reason to suppose, nor had any one then to suspect, any thing improper on the part of the Royal Swedish Rail way Company through the conduct of John Sadleir. The learned counsel having stated the facts in connection with the establishment of the. London Directory of the Royal Swedish Railway Company, and the mode in which he sought to make the defendants liable, and called the following evidenoe : Mr. Fallarton deposed to the facts of his transaction with Messrs. Dunn, Hatterley, and Co., as detailed by the learned counsel. In his cross•examination by Mr. Chambers he said that Messrs. Dunn, 'latterly, and Co., afterwards compounded with the creditors, and arranged to pay the full liabilities in four years, by instalments of 2s. 6d. in the pound. Witness did not accede to that arrange ment. The Lord Chief Baron—What is your defence ? Mr. Chambers and Mr. Wilde said that the defon• dants could not be sued as directors, and that Mr. Sadleir had no authority to bind them. Mr. Hollingsworth, former secretary to the Royal Swedish Railway Company, deposed that he knew the defendants as directors in London of this company during the time he was secretary of the London board, in the latter part of 1855 and the beginning of 1856. John Sadleir was chairman of the board at the time. The bankers of the directors were the London and County Bank, and Messrs. Masterman and Co. The acoounts were sent in and examined by witness, who reported them to Mr. Sadleir. The small accounts were paid by cheques, and in the case of larger accounts by bills drawn for stated periods. The Lord Chief Baron—You must show me that the bills were given by the defendant's sanction. Mr. Hill—l propose to show the particular course of business, and by doing that I render them liable. The Lord Chief Baron—lt is essential to show that a general authority has been given to the chairman that will fix the defendants, but I think the evidence of the general mode of business is admissible. Witness—The greater part of the bills were drawn upon the chairman of the directory, and accepted by himself and copartners. The Chief Baron—On what authority ? Witness—The acceptances were prepared by himself. The Royal Swedish Railway Company was a foreign company, with a board of directors in London, having an office in Cannon-street. The acceptance in question was drawn by him, and accepted by Mr. Sadleir. He be lieved it was for railway carriages, &c. The Chief Baron—Were the bills accepted at a board of directors Witness—No, my lord. Mr. Hill—Was a book kept ? Witness—Yes. The directors met at a certain time, or when they chose, and examined the bill book. It wa s always in his possession. Mr. Hillier, the present secretary, was called and pro• duced the bill books. Mr, Hollinoworth recalled—The board met ou any day when there was business. The nominal day of meeting was Wednesday. The Chief Baron—Have you any books of the board's proceedings ? Witness—One that was kept by Mr. Edmonds. Mr. Wilde—The book is here if it is wanted. Mr. Wilde—ls the bill book here ? Witness—No. The Chief Baron—Who has it ? Witness—There were two bill books. The Chief Baron—One that was made public, and another that was made private ? Witness —No. The Chief Baron--Then, what is the meaning of it ? Witness —Our book was kept for the entry of those bills which were drawn for the payment of goods, and the other for bills drawn to raise money to be sent to Sweden—the money borrowed by Mr. Sadleir for the purposes of the company. Mr. Sadleir borrowed money for the company on his own authority. Mr. Hill—Have you the other bill-book here (the private one) ? Witness—Yes. Mr. M. Chambers—lt is Sadleir's book Witness—l don't call it so. Mr. Wilds—lt is indorsed with his name. The Chief Baron—ls this bill of 7001. in that book ? Witness—Yes. Mr. Chambers—The book that has got Sadleir's name on it Witness—lt was not there when I parted with it. I did not know the bill in question was for goods, and I therefore put it in that book. The bills from Swe den were drawn by the chairman alone. The bill-books I made up to the 17th of February, the day of Sadleir's death. Mr. Hill—Had you any conversation with Mr. Edmonds at any time respecting bills of Exchange ? Witness—Yes, occasionally. Mr. Hill—Do you remember that in December, 1855, in consequence of a message from Messrs. Masterman, you saw Mr. Edmonds ? Witness—Yes. I told him that Messrs. Masterman and Co. had sent for me, and informed me that the bills drawn and accepted by Sadleir alone on the directors could not be paid by them, but that they must have the signature of two other directors, and be countersigned by myself. Evidence [was then given to show that a number of bills drawn in the manner objected to after that noti fication of Messrs. Masterman, were advised by the board, and the first advice of payment bore the names of J. Rhodes, one of the defendants, R. Gilman, J. Masterrean, jun., and J. Sadleir, English directors. Mr. Crabb, clerk to Messrs. Masterman and Co., produCed the order for payment and the bills referring to them. The Chief Baron—Were you in the habit of paying the bills without the names of two directors ? Witness—No ; I think, however, I have a few. The Chief Baron—You had an order in each particular. case ? Witness—Yes. By the Foreman—Did you ever pay a bill withou an order; Witness—No. The Chief Baron—Of course. Bankers don't conduct their business as variable as the wind blows, but on principle. Most of the bills with orders of payment were pro duced, but there were orders without bills, and vice versa. Mr. Hollingsworth, recalled, said there were directors to the company in Sweden as well as London. The Chief Baron—Was the board here and there considered as one authority, or distinct ? Witness—Distinct. The Chief Baron—ln what way ? Each could not have direction over the affairs of the company ? Witness—No ; the Swedish directors bad the ma nagement of all out there, and the English directors had the management of money matters here. The Chief Baron—And where was head-quarters ? Witness—Sweden. The Chief Baron—Were the documents connected with the company transmitted to Sweden ? Witness—Every year. Some orders for payment to Messrs. Masterman and Co. were put in, signed by Mr. Edmonds. Mr. Crabbe, the clerk, was unable to say how all the bills paid by the bank were signed. The Chief Baron said that these parties were not like partners, but they were a chairman and directors con ducting the affairs of a company, and unless it were shown that the directors had given authority to the chairman to sign for them they were not liable. Mr. 11111 said that if his lordship ruled that, although he could show that the bills so drawn were paid out of the funds of the company and returned to them, he bowed to the decision. The Lord Chief Baron said that the limit put to th• payment of money by the order of Messrs. Mastermao, showed that Mr. Sadleir was not able to dispose of the funds of the company. Mr. Hollingsworth recalled, and examined by Mr. Chambers, said that the first time he saw a bill accepted by Sadleir for himself and co-directors, was on June 17, 1355. The Lord Chief Baron—ls there any resolution of the board relating to the signing of documents ? Witness—No. By the Foreman—Did the directors generally know of the existence of a second bill book ? Witness—l don't know. Foreman—Was it kept concealed from them ? Witness—No. If they had asked for it they might have seen it. (Laughter.) Foreman—Did they know that it existed ? Witness—l oan't say that they did. If Mr. Sadleir raised money on shares, or on any other thing that he pledged, I entered it in this separate book. Foreman—Beoause he told you to do so ? Witness—Yes. It then only passed through the banker's book, and to his credit in the ledger. The Chief Baron—ls this bill entered in the private bill book ! Witness—Yes. Mr. George England, engineer of Hatcham Works, near New-cross, deposed that he supplied the Royal Swedish Railway Company with goods, and drew on the chairman and directors for payment. A few days before the first bill became due Mr. Edmonds asked him to renew them, but he declined. One of the bills was signed by Sadleir, for self and directors, and was paid. The Chief Baron—You can't go into that. Mr. Hill said he was going to show other dealings with other persons, and that many bills had been accepted i❑ this way and had been paid by the company. The Chief Baron said that that might be satisfactory, but it did not show Sadleir's authority to bind the other directors. Mr. Braithwaite, engineer to the company in Lon don, deposed that he made purchases in England, prin cipally by the direction of Sadleir and Mr. Edmonds. Mr. Rhodes was rarely there. He only saw Mr. Rhodes at the board once before Mr. Sadleir's death. In Jan., 1856, witness received a letter from Mr. Edmonds, authorising him to obtain estimates, &c., and to submit them to the board, and wh e n h e m ae purchases he communicated them to Mr. Sadleir and Mr. Edmonds when they were there. In 1855 Mr. Edmonds desired me to assist Mr. Sadleir in raising money, and he did so. In Oct., 1855, Mr. Edmonds gave him a list of bills. He was to look out for the renewals. The bills were drawn for Sadleir and co-directors. One was a bill for 17,0001. He negotiated with Messrs. Dunn and Hatterley, at the request of Sadleir. They were to advance 7,0001. to the company-3,5001. as money, and the rest as the value of one-third of the six engines to be constructed, paid in advance. After that a bill for 2,0001., for Dunn and Co., was made into smaller bills, and that was how it was this bill of 700/. was not in any book. Mr. Wilde—But was there not a resolution of the board forbidding you to make a contract without a written order ? Witness—Yes, and it was broken the next hour by Mr. Edmonds. After he received a copy of that order he saw Colonel Harvey, who informed him that the resolu tion meant nothing. Mr. Edmonds and Mr. Sadleir had had a little bit of a quarrel, which was then nearly made up, and it was no use stopping, but to go on, or the thing would be ruined. Mr. Chambers—How was the 7,0001. to be advanced by Messrs. Dunn and Co. ? Who first commenced that arrangement ? Witness—lt arose in consequence of Messrs. Fairbairn having threatened to break their contract for supplying locomotives. Mr. Sadleir sent for me, and I saw him at the offices in Cannon-street, in great anxiety. He produced Messrs. Fairbairn's letter, and said if they break down with their contract we are ruined, because we shall have no engines to go on the line." There are two or three engines on the line now. The Chief Baron—No first rate ones ! Witness—No. (Laughter.) Mr. Sadleir then re quested me to go Manchester and enter into fresh con tracts for engines. I then went to Manchester and entered into the arrangement with Messrs. Dunn and Co. They were to be secured for their advances by Sadleir railway debentures, the same as Messrs. Fairbairn for the advance of 10,0 001 . Messrs. Fairbairn might be said to have given up their contract on Jan. 2 7. I had nego tiated with Messrs. Dunn and Co. before that, fearing what would happen. I made the contract with Messrs. Dnnn and Co. on the 28 th of January. . had 10,0001. from Messrs. Fairbairn as well 4 from Messrs. Dunn and Co. The mode wa s to draw 3,500/. Sadleir, who accepted the bills and got them discounted. 9 draw on Witness received a commission on hi s cont 21 per cent. It was allowed by the company, paid him 175/. per year salary, out of who only provide an office and a clerk. which he had to The Chief Baron—Were you allowed a commission on the amount of your purchases 7 Witness—l was. The Chief Baron —It is a very bad mode of paying people. Witness—There were not two contracts drawn up in reference to Messrs. Dunn and Co.--one with the money advanced in it, and the other without it. The Chief Baron—Was it the usual way for advances to be made by drawing on Sadleir. Witness—Yes. They drew bills for 7,0001. The Chief Baron —And •discounted them ? Sadleir . Witness Oh yes. It was done in the usual way. When I joined the company great confidence was re posed in Mr. Sadleir, who then was owed 9,0001. by the company. Several witnesses were called to show the usual way in which the bills were drawn by Sadler, and afterwards paid ; but the learned judge ruled it was not evidence in this case. Mr. Hollingsworth was then recalled, and said that he made out the list of bills owing by the company, pro duced by Mr. Braithwaite at the request of Mr. Ed monds. Foreman's bill for 17,0001., and another bill, the parties refused to take without the signa ture of other directors to them than Sadleir, but Mr. Edmonds refused to put his name to I them, Mr. Edmonds was in. Sweden in June, 1855, when Sadleir first drew the bills and accepted them in the name of Self and Ca., directors. The con. tract with Moseys. Dunn, and Co., was not known out side the boar.l-room. The directors met between 28th January and 17th February, when Sadleir died. Tao bills from Sweden were signed by the Chainma only, and were made payable at the office of the company. The Chief Baron—Were signed by the Chairman for the company ? Witness---Yes. By Foreman—When you say at the office whose money were they paid by ? Witness—By Sadleir. He provided me with funds sometimes by check on the bankers signed in the usual way by two directors, and at others by money furnished by himself. Generally by money furnished by himself. This was the plaintiff's case. Mr. Wilde submitted there was ao evidence against his client to go to the jury ; but the learned judge over ruled it. The learned Judge, however, said there was no case against Mr. Rhodes. Mr. Wilde then addressed the jury for Mr. Edmonds. He said it was plain that this company was managed by Mr. Sadleir. That Sadleir was the company, and the company Sadleir, and that all pecuniary matters were transacted by him. It appeared that in June Sadleir adopted the plan of signing the bills in the form of the one in question without any authority. He called Mr. Edmonds, who deposed that he was a director of the company from Feb., 1854, till April, 1856. Up to June, 1655, Sadleir drew on the company and accepted by himself the bills so drawn for goods supplied to the company. He was not aware until after Sadleir's deatli that he had drawn bills and signed them for Self and 00., directors. He had no knowledge that the list of bills put in by Mr. Braithwaite were otherwise than for goods supplied. He bad no knowledge of the existence of two bill books. He gave no authority to Sadleir to sign the bills, and had he known it at the time he should have objected to it. He called on Mr. Sadleir and a , ked him to join the company. The learned counsel having r!plied on the evidence, Ifis lordship summed up, and the jury found a verdifet for the plaintiff as against Edmonds, and for the defend ant as against Rhodes. SECOND COURT. (Before Baron Martin gad A 04111111101 Jury.) SiIiONELLZ 11. VILLNOIII. The plaintiff and defendant in this case are printers. Mr. James, Q.C., for the plaintiff, stated that Mons. Jullien, when he was director of the concerts at the Surrey Gardens, was in the habit of drawing up pro grammes, which he sent to the newspapers for publica tion. These the plaintiff reprinted and sold as genuine bills ; and the defendant, to protect himself, printed on his bills that they were false and spurious. This remark he also applied to a guide-book which the plaintiff had issued. M. Jullien, who was called, said that in the early part of the last year he entered into an arrangement with the directors of the Surrey Gardens to conduct their concerts. The programme was sometimes composed by himself, at other times it was entrusted to Mr. Jarrett, his secre tary. The concerts took place every night, and the pro gramme was always drawn up early on the previous day, because the Times would not take the advertisement after 2 o'clock in the day. He very frequently made alterations in the programme up to a few hours of the concert, in consequence of the indisposition of perform era, or from other causes. Baron Martin said tbere was the Guide to the Gar dens, about which there was a libel, which certainly could not be entirely justified. Perhaps a settlement between the parties might be arrived at. After a consultation, a verdict for the plaintiff, with 40s. damages, was agreed to. COURT OF BANKRUPTCY. (Before Mr. Commissioner Goulburn.) IN 1114 ROSS. This was an adjourned examination meeting, und er the estate of this bankrupt, a shipowner of Brunswick terrace, Commercial-road East. The Commissioner said if he remembered rightly, this case was one in which there was a squabble between the shipowner and captain. The shipowner had filed a bill of discovery against the captain. Mr.Lawrance, who supported, replied in the affirmative An adjournment was ordered. IN RE I'ORTER.-SERIOIIS CiIARGR AGAINST AN ATTORNEY. A choice of assignees was held i❑ this case. The bankrupt was a wine merchant, of Brabant-court. A serious and important question arose in this case. There not being sufficient creditors present at the last meeting, it was alleged that at the instigation of Mr. Marshall, the solicitor, a creditor for £l2 had been manufactured in the person of /IYr. Snell, which the bankrupt swore was a fictitious debt, and he never owed Snell a farthing. Mr. Marshall denies the accu sation, and said he knew nothing of Snell but as an acquaintance. Snell has disappeared, and was not pre sent. The matter was adjourned for Mr. Snell to be served with a summons. Mr. Marshall promised to do all he could to produce Mr. Snell. POLICE INTELLTGENCE.—(This Day.) MARLBOROUGH-STREET. UTTERING A FORGED NOTE.—Joseph Bickmore, a young man, 23 years of age, was brought before Mr. Bingham, charged with uttering a forged 5/. note. Mrs. Warren, the wife of Samuel Warren, landlord of the Salisbury Arms, Bear-street, Leicester-square, stated that yesterday evening, shortly after 7 o'clock, the pri soner entered the bar in a hurried manner, and called for a bottle of the best gin, with which she supplied him. He then put down on the counter what appeared to be a genuine 51. banknote, and requested her to be quick in giving him the change. Having a few days previously taken a forged 101. note from a man of the prisoner's description her suspicions were aroused, and on ex amining the note before her she at once detected it to be a forgery. She asked the prisoner where he got the note from, and he replied a gentleman in Princess street gave it to him, but he did not know his name. He then wished her to give him back the note, which she declined, and told him she should detain him until he fetched the gentleman. She subsequently called her husband to accompany the prisoner to Princess-street, and in their way there he gave the prisoner in custody. Remanded for a week. A letter, dated Constantinople Dec. 3, says ;—" Mr. Layard, M.P., arrived the day before yesterday. He has lost nothing by waiting, for nothing has been as yet done in the Bank business, except the appointment of a commission by the late Ministry to investigate the re• spective claims of the competitors, and even this com mittee is not likely to remain as it was packed by the late Ministry." GENERAL Tom THIIMB.—Among the fashionable ar rivals, we hear of that of this wonderful speci men of diminutive man. We are informed that he has not increased in stature since he last visited England. It is stated that he has made the resolution to follow Christmas. to as t . the British p u b_ EXTRAORDINARY SALE OF FRENIPH AND ENGLISH COM MISSARIAT STORES. —Yesterday and the previ ous d ays this week a large quantity of stores , which were sent for the supply of the French and English armies i n th e Crimea, were sold byauction at the Commercial Sale Rooms Mincing-lane, and at the sale rooms of M essrs. Adams , Pudding-lane ; a great portion of the property (the third sale) being by . order of the Fr enoh Consul-G enera l. There was considerable competition for the various lots, e ach of which, with the exception o f th e wines, went off a t remunerative prices. on the me t ropo li s gene :stance alone, that of the :althe can effect be of ju t d li g e ed Ca b t y tle on S 2,000/. A shower of rain thaOtcfPeallu3dr'u for the week in question it London General Omnibus Cora r i in n g w o h n o e s a e ft r e ec ri e w ip o t: of the Show week, lasting laattea. occasioned an increase of "To BE SOLD CHEAP, a first only, is calculated to h against the company, wesithththate walkdine have made a difference of 200/. from four to half.past five dark parish, wheregarrotte walk, in a rst-rate the police are never seen. The property lies in the direct netneighbourhood of several rich p ecl a u rt ar an adjacent parkproprietor etthorro throw i will n for the simple reason that he is about, in as well, b connexion with two or three mem ers of Parliament, to try Bank Director. The ve T ry nge lo p w res fi e g n u t re p, his hand as a receipts have, for the last three months, averaged as much as 35/, a week, and watches (with the exce p tion of the P o li ce watch) are to be met with at every other corner. Apply t o "Neck or Nothing," Scotland-yard. N.B. —The lighting the very worst in London."— Punch. OUR NORTH AMERICAN COLONIES. —On Tuesday even ing the Hon. Judge Haliburton, of Nova Scotia (author of Sant Slick), addressed a full meeting of the members of the Manchester Athenceum, in the library, on the Position and prospects of the North American colonies, At the close of the lecture a vote of thanks to the learned judge was moved by Mr. James Crossley, who said the address had been full of " wit, humour, information, and amusement," and seconded by Mr. Alderman W. B. Watkins, who announced the presence of the Hon. Mrs. Haliburton. THE GRAND TRUNK AND GRAND JUNCTION RAILROAD. —The Boston Journal says—Among the passengers by the steam-ship Canada, which sailed from this port on Wednesday was S. S. Lewis, who gees to Battu,' to complete and ratify the bargain between the Grand Rail road Company of Canada and the Grand Junction Rail road Company of this city. Mr. Lewis has already once cross ed the Atlantic upon this errand, wh en the main features of the arrangement between the two companies were agreed upon, which are, that the Grand Trunk Company shall furnish to the Grand Junction C ompany the sum of 500,000 dols., one-half of which s hall be 0 ap plied to the liquidation of the fl oati ng debt of th e Grand Junction Company, and the rem a i n d er to the improve ment of its property, rendering its wharves, its., con' venient for the transaction of a I - b . argely increased nap ness. The Canada directors of the ^ra d Trunk Com pany give their assent to the arrangements,‘ln and that of the London directors, there is nodonbt, wil be obtained by Mr. Lewis. In case the project is carried out the European steamers of the Canada corepanY will bring their goods to this t por l f rom whence the Canada por tion will be sent forward, the light Eastern railway, and the heavy by propeller to Port land. It is the intention also of the Canada company, when the project is fully carr i e d out, to run a propeller once a fortnight between Li ve rpool and this port, with freight for New England and Canada, in which case we shal l have at least a weekly communication by steam with England. Boston will then be the Atlantic depot of the large and daily increasing trade of England with Canada, and will also by this route be enabled to extend its trade with the groat West of our own country. 12} 12 in 90 89i 8i 8} 123 7 4 1131 i 1101 11 10( 50 100 100 20 543 40 i 12a 32i i p 22i 5i 12k i 981 9 28 * 20 12i' 25 20 St. 26 10 1.0.6, St. 20 25 25 40 5 St. 25 •.. 10 28i 1 1 1 25 10 10 50 100 St. 1100 100 all all all 40 3q 00 1.00 LOO 01113. 1121 25 f 6i 6