The Sun. — London, England, 1857-12-02 00:00:00

-.. •••••••..•••••••••.NIMIA OEM.. a••••••••••••••*••• ly i 0 r IYI ARKET AND COrdriIERCIAL INTELLIGENCE. CITY, Two o'CLoeft. Letters from Liverpool report that the Cotton Market yesterday closed with a steady ap pearance, and values were fully maintained. The sales amounted to about 9,000 bales, 1,500 of which were taken on speculation, and 500 for export. The Railway Share Market closed firmly, and prices were without any material alteration. Respecting the condition of the Money Market tLe following is from the Bankers' Magazine and Commercial Digest :-- "The course of financial and mercantile affairs during t he Past month has been of the most chequered character. With a farther advance in the rate of discount from 8 to 10 per cent., the occurrence of a crisis, and the suspension o f th e B an k Ch ar t er A c t, it may r e ad i ly be supposed the position of business has not been satisfactory, while the number of failures which have • taken place have created general gloom and de&pondency. In this condition of things the issue of the Government letter has produced Borne benefit, bat it has not yet had time to effect a full resuscitation, the Panic having progressed too far to render its operation immediate. The consequences of the late suspensions, dangerous as they have been, have not proved so Pernicious as might have been anticipated, though the character and importance of the houses show the effect cf continuous high rates of discount upon the com mercial community. A steady restoration of confidence 5 " appears to be expected, but it will, under any circumstances, be slow and progressive, the shock given by th e late revulsion having created excessive apprehen /don. The speculators have not been so active during this panic as they were in that of 1847, although, never thelain, unfounded rumours have from time to timeZ been c i rcu l ate d w i t h respect to the position of houses whose credit still remains undonbted. The ieflex of the precious metals, and the advice of additional remit tances frO m Au stra li a , will assist to ease the condition of the money market, the recovery in America being lilci wise'calculated to facilitate the movement. At one Perjeci during the crisis it was almost impossible to lteeociate paper at all, and the charge, under the most favourable circumstances, was 12 and ,13 per cent. Withi n the last few days greater readiness has been m anifested to dis coun t, a nd, the quotation by the prin. e'Pal brokers is now a fraction below 10 per cent. The unPorts of the preoious metals continue on a large scale, the sover e i gns are re t ur ning from Scotland and Ireland, ale run for gold in those localities having terminated. Although additions are still being almost daily Made to the list of failed firms, they are not of very great importance, and they are in most instances the result of suspensions abroad. The situation of commercial affairain Hamburg and the North of Europe generally is most deplorable. Discounts are almost unobtainable, and money is being sent from London to enable some of the principal firms to provide for engagements failing due. The re action upon the connections of these foreign houses in th is country must be most embarrassing, and much i nipathy is felt for such firms as Messrs. Hermann (l ox, of, London and Liverpool, who stopped yes terday, because the humiliating alternative is pro "cad by events over which they have had no con trol. Aniramense mass of protested bills has been re ceived from various parts of the Continent, and every wail brings most distressing accounts to our mer chants engaged in trading operations with the north O f 'Europe. It may yet happen that numerous other failures will take place before the end of the year, and it is p er haps as well that the public should rPrepared for them, because such casualties, al 'hough they must occasion deep regret, need not necessarily retard the gradual subsidence of the crisis. If unfavourable symptoms are still mani fested in particular departments, others of an en couraging character are apparent elsewhere. For ikstance, the influx of gold into the Bank continues, the effect of which will soon be perceived. A rapid improvement in the position of the Bank of England, such as that now going on, will enable the Directors to give increased facilities to trade by additional discount accommodation, and Perhaps at lower rates. We learn by accounts from Pans that the reduction of 1 per cent. in the terms there has been productive of much good. It has i nsPired confidence, and already business has slightly although December is not generally characterised by much activity. The same benefi cial results, it may be presumed, would follow a similar movement here, although it would not pre y_ (Mt f a il ures, nor cause a sudden resuscitation of _trrade. Temp orar il y , th e d eman d f or mone y i s taker, and the applications both in ~Lombard Str e it , and at the Bank are vary numerous, but this increased pressure is attributable to the pre parations in progress for the payments on the 4th 44 the Month, which, in the aggregate, will repre "it a very large amount. When these engage kolas are met, there is some prospect of the money market being more sensibly relieved than at any tune since the commencement of the crisis. There has been a good deal of fluctuation in the• English Stock Market to-day, although the changes have not been very important. The Market is evidently rather unsettled, but this trrust be expected as the account day is 'PProached, when the operations during the past month have been on such a large scale. Consols for transfer and the Ith proximo have been 90i 91, MI since then 91k. Th e y are now a b ou t 911 #ti for the January account 92. The New 3 per 'cuts. and the Reduced Annuities have been 89i 90 10 Bank Stock is well supported at 218. Z rc usquer Bills are 4s. discount to par, the c4l cis 9 81 and India Bonds 335. discount. A • Moderate amount of business has been done in For eign Securities, but prices are rather unsteady. Turkish per Cents. are 911 92 ; ditto 4 per Cents. B razilian 5 per Cents. 99k ±, ditto 4i per Lents. 'tt Chilian 6 per Cents. 1011 to 102 k, 411 ' s h 3 per Cents. 834 84, Russian 5 per Cents. Duch 106 1 1, Spanish New Deferred 251, and k. 1 :; t fe j 8 ' 304. 11 perlo:vine; following PeruviantareCents. 9 t G he n per e l r pricescent s of . Foreign7s ; Stocks -- Grenada Deferred Bonds, 5 to 6 ; Mexi per Cents., 51 53 ; Portuguese 3 per .t e • i l t4 ') 4 3 ; Russian 5 per Cents., 104 106 ; ditto 4 , 1 "" Cents., 95 t o 97 ; Sp an i s h 3 p e r Cents, 402 ; ditto New Deferred, 25 261. aA rather limited business has been reported in Railway Sh are M arket, an d a f urt h er s li g ht c t award movement has taken place. Eastern es, Great Western, Lancashire and York shire,North Western, South Western, North British, and South Ea s t er n d ec li ne d 10 s . ; and )3 righton, 11., most of the other lines were at lower (Notations. The Foreign and Colonial under takings are fl a t. P ar i s an d Ly ons h ave rece d e d u s . ; and Lombardo-Venetian 55.: East Indian declined 10s; Grand Trunk of Canada, 1/. ; and Great Western of Canada, ss. Geelong and Mel ' .. ISourne improved ss. Mining Shares are quiet. United Mexican are ; Wheal Mary Ann, 49 • and Wheal Edwards e& J oint Stock B an k Sh ares are fi rm. B an k of Aus tralasia 4 _,. improved 1/. ; London Charte re d o f Aus tralia' 108. ; and Oriental Bank, ss. The Miscellaneous Shares are quiet. Canada Land advanced 11., and Royal Mail Steam 10s. 0 B RITISH FUNDS THIS DAY AT ONE O'CLOCK (From the Official Basinessdeae. 3tkak Stock 2lB Per Cent. Reduced AnnuitteE Neer Cent. Consols Annuities 904 li F w r Cent. Annuities B9,f 901 boalada, .Cloovi V ditto, un d er 111000 2i d V JI. Rola Ter Account Ex,q,,,,iner Bills, 24d. MOO —l chequor Bonds, 185 b, 3i per Cent 981 tiltto, 1459 I ltI .C-ES OF FOREIGN FUNDS AT ONE O'CLOCK. azina n 5 per Cent. D i I ?.tto 1852, 4i per C ent. -La n ili • Bonds, 6 per Cent lO4 11 4,tenele Bonds, 3 pee Cent., 1825 B3A 4 3 r.. 1 rssian Bonds, 1622, I! St., 5 per Cont 106; 0 k 13..iNh kouds, 3 por It:, 10, 0 New Deferred, 3 per Cent. " 4. ' 101 Bonds 6per cent 9IA C,:t i itto AccountP 9 1 i i 4.-Dltto Q - uaranteod, 4 per Cent. i Div g l e de , this on the above payabl e i n L ondon . Dutc h Excl an D o A 2 per Cent., 12 Guild ers _ • -• 4 Per Cent. Certificates TWO O'CLOCK. C ° llB olB, tno iey 9IA i Cons o l s account (January ) The earl of Eglinton Las returned to town from gunton Castle. The Countess Dowager of Verulam, who is enjoying Usual good health, is now on a visit at The Grove, with her daughter the Countess of Clarendon. St. 50 St. St. 20 20 20 25 THE SUN, LONDON, WEDNESDAY EVENING, DECE,MBE,R 2, 1857. :vim, MARK ';TS—;This Day.) RAILWAYS. Closing Prices yesterday. Business dons this day. RAILWAYS. Axabg. Nottng.Bost. & Eastn. June —. .Belfast & Ballymena Birmng. Wolverh & Stour Valley Birkenhd. Lancet dt Cheshire Junet......1 Blackburn Blyth & Tyne original £ils(iss. at £45)„.. Bristol & Exeter...... 100 100 all all all 50 20 20 10 Caledonian-- ...... ,ester & Holyhead Cork and Bandon Cork, Black. & Pass Cornwall St. 10 St. St. Ds. I Do .B Dublin&BelfastJune. Dun. P. drAber.June. East Anglian Eastern Counties EasternUnion,A. stk, Do., do. B. Do. New A East Kent 100 East Lancashiro all 'East Suffolk 4 Do. 100 Edinburgh & Glasgow all Edinb. andPcebles 100 Edinb.Prth.&Dundee all Forthand ClydeJunc. 100 Furness 100 Glasgow &S. Western all Great N. of , Scotland 100 ;Great Northern 100 Do., A. Stock 100 Do., B. Stock 100 , Gt. Sth. &West.are). 100 PreatWestern. 1.00 ;Do. gua.St all :Irish South-Eastern. all ,'Lancaster &Carlisle. 14fD0., Thirds i 12 Do. New Thirds 1.00 100 all all all 17i all all 1.00 16 10 100 ,100 100 Lancash. &Yorkshire Do., do. F 116 Do., Wet. Riding Un Do. So nthpbrt, London de Blackwall Lond.Brigbt,diS.Cst London & N. Weston, Do. Fifths Do. ,10/.Sh.,M&B 0 Do. Eighths London & S.Western Lndndrry.diColcraine Lndndrry. & Ennisk. Manch.Shef.diLincln. Metropolitan Do. J. L. Ricardo'e arrangement Midland Do. Birming. & Derby Midland 0. West. (Ir.) Do. Shares Newcastle & Carlisle.. Newpt.Aberg.&Hrfd Newry & Enniskillen Newry, Warrenpoint di Rostrevor Norfolk.. ........ Northn. Counties tin North British North Devon, Rail. di Dock Stock Do., A Stock Do., B Stock N. Eastern Berwick Do. do. Extension Do do G N E Purch Do. Leeds Do. York North London N. & S. Wstn., Hamp stead, and City Jn North Staffordshire North Western.. N. di S. Westrn. June. Oxford Worcester & Wolverhampton Portsmouth Rhymney Scottish Central ...., Scot. N.E.Abrdn. St 'Shropshire Union Sitingbourne &Shoer South Dovon South Eastern Do. 43 pars . Shares South Wales 'S. Yorksh. River Dun Do. Staines,Wok.,&Wok (Stockton & Dar Do. do., 1854 Do. do., 1855 Stockton & ;Taff Vale... Do. Pref., No. 1 ,Thames llay. D. &R Vale of Ncath Waterfd. & Kilkenny Waterford&Limorick West Cornwall.. 'West End of London and Crystal Palace— Do. A Do. B West London Do. First Class Do. Second Class Wmbledon &Croydon, 4 - 8 - 8 62 - 63 **6 81 - 86 76 - 29 - 31 7 - 9 3 - 5 7i - Si 17 - 18 54?,; - 551 42 - 44 27 - 30 17 - 18 83 - DO 59 - GO ... -- •.. 26 - 28 83 - 90 9 - 10 92 - 93 76 - 78 .20 - 122' 97 - 99 I 51. 51;1 53. - 62-1 72 - 76 7- 8 p 7 - 8 p 91 - 911 5 i 5 73 1 102 - 104 195 - 95 d— -88 • 89 .- - .•• 35 - 36 83 - 83 57 - 59 12 : 13 57 - 59 3 i - 31 48 - 49 92 - 6 21 - 2.1 50 - - 51. 80 - 82, 90 - 931 8 - 9 4,1 - 4} 28 30 8 Gd 103 105 213 224 45 47 4 3d 32 34 63 633 78 FO 12 14 n 8 6 d 9 11 86 38 ••• ••• 201 - 2Ci 7 - 9 21 - 31 - Jy •:. - ... BRITISH POSSESSIONS. Atian. and St. Law. IBombay, Baroda, and Cen.lnd,gnar. b p. c. !Do. Buffalo & Lake llur Buff., Bra. do Codch ti p. ds., 1 Aug.,'72 , I Do. do., 1 July, '73! Do. do., 1 June, '74 Calcutta and S. East. Central Oude (Lim.)' Ceylon A shares Do. B. do. I Demerara Eastern Bengal East Indian Do. C Shares D 0.4 p.c.Bnds. ' '57 Do do, do '59 , do . 256(1 1 lOs 100 15 all all all all 10l all all all all Geelong & IVlClboiume guar. 5 per cent Gd. Trunk. of Canada Do. 6 p. c. Deben ' Gt. In. Pen. g. 5 per c New. guar. 5 p. c I Gt Wostn. of Canada; • Do. New Do. Eds., payable '571 o Do. do., '76, p. Do. do., '73, do. Do. do., '73, without' option all Madras, guar. V I p.c all Do. do., 5 per c. 10 Do. 4i p. c. Exten. 5 Do. 3d Ex., g. sp.c. 5 Do. 4th Ex . . - do ss. Oudo (Limited) 5 Scinde, guar. 5 per c all I Do - I 8 7d 1..0 .... •• • ••• ''''' ••• i - 1p 106 - 107 - 1' 38 --40 72 -- 75 21 -- 211 1 1 -- Ip , 181 -18 i 28 -- 28di 1103 - 108 1103 - 108 100 —lO2 18 20 20 ?! 211 1 Td— d 4 p la Ih3 l .•• ••• 1 lON. 51 - 6i ••• - 1 4 - gi 5i - 51(1 254 -25 i = 6 ... ... di 3 i - 31P1 24 - 25 7 - 181 - 19; 35 - 35, 8 - 9 - - 51 21 lid 13i - - 6} - fi 7 - 8 21:q - 21 4i - 5 81 -8/ 25- - 26 Antwrp & Rotterdam Ardennes Belgian East. Junet Beziers to Graissessac Carmeaux& Toulouse Coal Mines and Ry Dutch Rhenish Eastern of France Do. New Euphrates Valley Gt. Central of France Great Luxembourg Italian Junction Lake Const. & Bale Lierre and Turnhout Lombardo-Venetian Lucca dr Pist.sp.c.p. Lyons and Geneva Lyons & Mediterran Maria Antenia Do. New Namur & Liege Do. do. li p. c. Pref. Northern of France Norwegi anTrnk Prof Paris and Lyons Paris and Orleans Recife & San Fran , (Peruam.) g. 7 P. c. Rome and Frucsti... Royal Danish Royal Swedish Sambre and Meuse Do. 5i per cent. pref Southern of France West Flanders I Do. 5.i per c. Pref I W.&N.W. of France 6 ;Western of Austria... all 'West. of Switzerland all ,Wiesbaden ............ all Do. Bp. cent. pref. all Zealand ......... .„ JOINT-STOCK BANKS. all 18i 50 all all Australasia Bank of Egypt Bank of London ; Bri. Col. Bk.& Ln. Co British N. American C.Bk.of Ind. Au. &Ch City Colonial Commercial of Lond. Eng.Seot.SLAus.elit. Lon. Ch. Bk.of Aat. ,Ditto New ... London and County Lud.6/E.Bnkng.Corp London Joint Stock. Lond.andWestminst. National Pro. of Eng. Do. New National Bank New South Wales :Oriental Bank Corp 10 ttoman Bank iProvinc al of Ireland) Do. New ' R.Aus.B. &G.Im.Co South Australia Union of Australia ! Do. Now Union of London Unity Mutual Westrplllc of Loud 22 all all 20 all 1 all all 80 85 5 4d 40 45 1 .. 59 - 62 18 is 18 18 33 - 34 - 173, .•• - ••• 31 - 33 49 - 51 ...d 76i 6 i 513 914 i 90i 104 21 95 3 3 83 i I i 58,f 93 21 1 2i 50i 50 81i 2 131 li LINES LEASED AT FIXED RENTALS. Paid RAILWAYS. Leasing ,Companies, Closing Prices yesterday Backghamsh. Clydesdale Col. Stour Vy.' lE.Lin. g. 6 p.e ;E. Un. H. Sh. Glas. Barr. & Neils. Direct. Do. NQw Glstr.&Dn.Fr Hull & Selby Do. 1 Shares Do. i Shares Lon.&Greenw Do. Preference Lon. TH., &S. Do. Bark. Sh. Manch.Bxton. and Matlock Mdld. Brad fd. Newmarket BuryE.G.spc. N.&Est.s p.c. Do. 6 per ct Do.Fixedsp.c Prest. ds Wyre Do. Shrs. A Roystn. & Hit. Shrews.& Her ' IS. Staffordsh.. jWearVal.g6pc ' Do Wilts&Somrst iLn. &N. W. Caledon E. U. & E. C Gt. Northn E. Count. :Caldonian. 'Do.. 88 - 92 93 - 95 12 - 14 128 - 132 33 - 4 Gt. Wegti , Y. & Do ••• - TOG Do 'S. Eastern 12 - 13 23 - 24 89 - 91 1 - §ti Peto &Co Do Ln. &N. W. Midld. Midland.., 21 - 21 89 - 91 E. Count Do Do Do id 4P 51 56 L. di/S. W. ... Do Gt. North 126 130 T. Brassey 7. 8 M. MCloan 81 9 Stk.&Dar. . . . . Do 3O 32 1 Gt.Westn ... ... PREFERENCE SHARES. Blyth and Tyne 10 p. c.pref. (issd.at 501) Brig. & kx.4 p. c. St. Do. 4 per c. Shares Caledn. £lO 4} P.C. Ches. & Ho. 5i p.c. Do. do. 5 per cent Cork&Bandonsip.c Dnn.Perth.&A.ber.J E. Anglian Cls. A R Do, do. Cls. B 6p. c Do. do. Cls. C 7 p. c Eas.Co.Er,sp. c No.l Do. No. 2 Do. New 6 pr. c. St. East Un.. G. 6 p. c. Do. 51., 10 per cent. IDo. 10/. Debentr.Sh. Do. do. 4 per cent ' East Lane ash. 6 p.cts E.&W. York. J. sths Ediu.&Gl. sp. c. Sh. Ed.Prth.&Dun.4p.e. Furness, 5 p. c Glas. & 5.W.G.5 p.c Groat Northn. 5 p.c Do. 5 p. C. Redeem at 10 p. c. prem Do. 4i per cent Do. 5 p.c., Red. at 5 p. c. prem. C t.N. of Scot.lst Prc Gt. S &W. (Ireland) Do. 4 pert. Pref. St. Gt.W.(B.&H.Ex.spc Do. con. red. 4{ p.c. Do. con. red. 4 p. c. Do. irred. 4 per tent. Do 5 p. c. red. pref. De. Birm. Pref. Sh Do.Chestor Bp. c. P. S Do. do. 5 p. c. do Do. Birm. Gua. Stk Do. Chosh. Gua. Sh Do. do. do. Do. do. do Lan. & York. 6 pc. St Lon. &B. G. 5 pc. No.l D0.,P.,5 p.c.St.No.2 Do. New Guar. 6p. c. Do. do. 5 p. c., No. 4 Lon. & N.W., Coy. & Nttneaton 5 p. ct Lon. & S.W. 7 perct late 3d Shares Londy.& Color. i Sh. Londy.&Ennis. i Sh. 151., S.,&L. 6 p. Cent. Do. do. do. £6 ... .. Do. do. 3i per cent. Marypt. & Carl. 4 P.C. Do. 44 per cent Do. do. Kid. COD sol. 6p. c. St. Do. Con. Br. Biz.. 6 p.c. Do. 4. p. c. Prof. St Do. L. &H. Pref. St New.,Aber., &c., pr 5 p. c. red. 5 p. c. pm Do. Perpet. 6 pr. et Norf k Deb. 4 p.c. Sh Do. 5 p. c. Ext. 1846 Do. 5i p.c. pf , 1847 Do. Wv. V. sp. t. , 1847 ,North British Do. 71. Preference N. E. Berw. 4 p. c. Prf Do. do. do Do. Leeds spa. No. 1 llio. do. Qrs., 1848_ Do. York IL& S. Pur. North Staffordshire.. , Ox., Wor. & Wolv. 61 p.c. Ist guar. Do. lip. c. 2d guar Do. do. Debentr. St Scot. Coitt.New Pref Do. do. 7 p.o. pf. St ()o. d0.3.i p.c. pl. St South Devon Do. fixed 44 pr cent. S. Eastern (Reading Ann.) of El Os. 6d, Do. 4i per cent Do. Fixed 4. p.c. Sh Do. New 4i pr. cent S. Wales Gua. 4 p. c. Do. do. 4i p. c S.Yorksh.4 p.c.Guar Stock. &Dar., sp. 0 Do. do. do. Waterfd&Kilk. 6 pc. 88 - ~0 90 -- 90 'it : al 1 105 - 110 108 - 115 105 - 103 pin - 105 119 - 122 ••• - ••• 65 - 67 fia 118 108 - 110 1100 - 102 61 - 63 91 -10 i 5i -- 6 85 -- 87 80 -- 82 80 -- 2 93 -- 95 9 -- 93 153 -- 164 94 -- 91 - 66 -- 68 17i --18} 91 - 94 - 131 -- 134 132 - 137 .110 - 113 150 - 155 •i - $l , 60 - 65 129 - 131 94 - 96 84 - 86 io} - ion 99 = 101 90 92 1 d 4 , 1 - 1 - 21 - .22.1 109 - 111 99 - 101 105 - 107 ' 9, 1 1 - 10 21 - 22 Business this day THE LEVIATHAN. The operations, towards launching the Leviathan, this morning, were confined to making everything ready for another effort to-morrow at 7 a.m. Ad vantage has been taken of this pause to make fresh arrangements, and, above all, to do away with the hindrance and loss of time caused by lengthening the beams by which the force is applied from the hydraulic machines to the cradles. A number of fresh piles have been driven to form a base for the additional rams to act against, and to-morrow morning eight of these powerful hydraulic machines will be in operation, being four more than were used on Monday. An examination of the vessel has taken place, and everything is re ported to be satisfactory, and it is confidently ex pected that by three o'clock tomorrow afternoon this magnificent specimen of naval architecture will be afloat. In order to prevent any disappointment to-morrow every precaution that human forsight can suggest will be taken. The workmen will be employed during the whole of to-night in order that the necessary arrangements may be thoroughly completed. It is stated that the hydraulic rams are now so perfect that without the use of additional aid the vessel could be propelled by them into the water. Mr. Brunel and his assistant are exerting them selves to the utmost to accomplish the launch to morrow, and we sincerely trust that perfect success will reward their 'labours. POLICE INTELLIGENCE.— (This Day.) MARLBOROUGH-STREET. ROBBERY AT Al AIIOTION-1001f.—Wal. Williams whose real name is Emile Ponti, an Italian, was placed at the bar, before Mr. Beadon, charged with, stealing a leather dressing-ease and fittings, the property of Mr. E. ByThomas, auctioneer, No. 35, LeioesterLsquare, Mr. Tholes stated that, on Thursday last; he had an auction at his rooms in Leicester-square, and just before the sale commenced he looked over the lots and saw the dressing-Case, now produced, safe. A. few minutes afterwards he had occasion to put up the lot to which the case belonged, when it was nowhere to be found. He instituted inquiries about it, and yesterday morning he received information from Mr. Bourne, a general dealer, in Princes-street, that he had purchased the duplicate of a dressing-case, answering the descrip tion of the one stolen from his room from a man having the appearance of a foreigner. David Long, clerk to the prosecutor, identified the dressing-case as the one stolen, and proved that he had seen it safe in their rooms on the evening of Thursday last. He missed it ten minutes afterwards. There were several persons in the room, but he could not swear the prisoner was one of them. Mr. Bourne, 88, Princes-street, proved purchasing the duplicate of the dressing-case from the prisoner on Friday last. Last night the prisoner came again to his shop when, from what he bad heard from the prosecutor, he gave the prisoner into custody. The prisoner had previously asked him to buy some more duplicates, which he declined. The prisoner, who has only just come ont of prison, was remanded for a week. THAMES. CREATING SHOALS IN THE RIVER.—SCANDALOUS PRACTICE.-Mr. Stuehberry, an attorney from the office of the City solicitor, attended to prosecute three bargemen, named Henry Johnson, John Beddy, and James Crawford, for unlawfully throwing a large quan tity of mud into the River Thames, near Charlton, to the detriment of the navigation. Mr. Stuchberry said this was a proceeding under the Thames Conservancy Act, and there was the greatest difficulty in discovering offences of this nature, because they were generally committed in the dark, while the mud barges were drifting up and down the river. The conservators bad been put to great inconvenience and much expense by the scandalous and dangerous practice of which he now complained, and which, if it were not stopped, would seriously impede the navigation of the river, and be ruinous to the interests of the greatest pert in the world, the port of London. The men were in the employ of a contractor for removing mud from the West India Dock, and instead of con veying the mud to Charlton and wheeling it across planks on to the shore, they have, to save themselves trouble, thrown it into the river. Thomas Hall, a Thames police-constab!e, said that between five and six o'clock on the preceding evening he boarded the barge Edmund in Blaskwall-reach, and took the prisoners into custody. They were all busily engaged in throwing mud out of the barge with scoops. They admitted having thrown 19 tons of mud into the river, and wanted to give him money and settle it with him. The prisoners admitted that they had thrown rand into the river, and said they did it to lighten their barge which was sinking. _ _ _ The crew of the Thames-police galley, which boarded the barge, said the barge was not sinking. There was no water in her. Mr; Stuchbtrry . "—Shoals have been created in the Thames by this system. There is no knowing the amount of injury done in the desk. Mr. Self° said the prisoners had been guilty of a most wanton and mischievous act, for which they deserved severe punishment; and he gave notice that if another case of the kind was brought before him, and was made out, he should impose a fine of 201. ile inflicted a penalty •f 51. upon each prisoner ; but at their earnest request, their promise not to offend again, and on the plea of poverty, and that they had families to maintain, be mitigated the penalties to 50a. each, and said it was the last time he should allow any offenders of this kind to escape so easily. MARKET NEWS.—(This Dal.) CORN EXCHANGE. An unusually small supply of English wheat was on sale in to-day's market. For all kinds there was a steady consumptive demand, at fully Monday's advance in the quotations. The show of foreign wheat was seasonably extensive. Fine new samples moved off steadily, at extreme rates, and the value of other kinds was well supported. Floating cargoes of grain were in steady request. Barley and malt realised fall prices, with a steady in quiry. The imports of foreign oats continue on a liberal scale, yet the demand for most descriptions was steady, at full prices. Beans, peas, and flour realised Monday's currency. ARRIVALS THIS WEEK. Wheat.' Barley. Malt. f Oats. Flour. I 2,M 13,750 I 1,010 1,660 100 -- 31,130 5 - 00 sks English..., Irish Foreign..... 1 5,710 1 7,024 BOROH HOP. There is a fair Consumptive demand for nearly ell kinds of hops, at very full 'mice-5. WHITECHAPEL. Tho trade generally ruled steady, at our quotations:— Beef, from 3s Od to 43 4cl; mutton, 3s 2d to 43 ca ; veal, 3s 6(.1 to 4s 6d ; pork, 3s 8d to 5s 4d per 81b8 by the carcase. LLOYD'S SELIPPING.—(This Day.) LONDON, Deo. 2 . —Wind this day at noun, S. W. ; mild weather and hazy. PLYMOUTH, Dec. I . —Wind S.W.—Arrived—Sea Lark, from London for Adelaide. Sailed—General Williams (es), for the Cape of Good Hope. SHIELDS, Dee. I . —Wind W.--Arrived—John Dowse, from Buenos Ayres. SWANSEA, bee. I . — Wind S.—Sailed— Gentoo, for Sierra Leone. FALMOUTH, Dec. I . —Wind N.E.—Arrived—Jason, from Callao ; Eliza, Buenos Ayrea ; San Demetri, Ta ganrog- SOUTHAMPTON, Doc. I.—Sailed—New Great Britain, for Hong Kong ' • Euxine (s), f or Ply mou th a nd India. LEITH, Dec. I.—Wind S.W.—Arrived—John Rit 800, from Callao ; Wanderer, Quebec. HARTLEPOOL, Dec. W.S.W.--Arrived— Theodora Behrend, from Gibraltar. WISBY, Nov. 42.—The Witch, from Riga to Leith, which went on shore ou the south-oast coast of this island ou the night of the 16th November, has been got off, after discharging part of her cargo, andl into Steldhaimer, where she will discharge the remainder to repair. SOUTHEND, Dec. I.—About 41- quarters of damaged wheat, about a ton thy hemp, and a ton of wet hemp, have been recovered from the Allandale, irons Cronstadt, wrecked ou the Maplin Sand, Nov. 28. h 5. reFivsoitilirlaeasu. at: Marseilles. (PER ELECTRIC TZLIdGRAPH.) SOUTHAMPTON, Wednesday, 10 a.m. Wiwi S.W. ; blowing strong, and rain. Arrived —Argyll (s) , from Carenton ; Foyle (s), Dublin. Sailed—South Western ( s) , for Jersey ; Engine (s), Plymouth; Foyle (a), London; Atalanta, Jersey. LIVERPOOL, Wednesday Morning. Wind S. Quebec; s A. r iy e d Widein se o n Awake,H s y r f d . vN f a r el o wp m a roußirslauerab. Orleans; e s ; c Arozona, Falkland, heste rtnuna " Callao ; Ides, New Orleans ; Europe, Valparaiso; after being or from Taganrog ; O it iV o N b , t D . r eC i . sc 2 a . ri fromashOoffre—iCnoCnaartannbtrivnlvell,urßta, South Seas, WATERFORD, Nov. 29. Ha vana; an Arrived—Wm. Sailed—Wm. e ar g ir r ni i vdi t t e y d2i , c—h an aVir d d I 33 C Wind N. Arrived—Tosko, from Odessa; _ CROMATtrY, Nov. 26. Arrived —Betsy, from Cronstadt, fur Liverpool. (BE SUBMARINE AND BRITISH TELEGRAPH.) GRAVESEND, Wednesday, 9.30 a.m. Wind ; tido two hour's flood; Arrived, Dec. 1.--Providence, from Gravelines ; Emma Colvin, Calingapatan ; Catherine Elizabeth, St. Kitt's ; Reindeer, Ancona ; Furet , Gravelines. weather cloudy. DEAL, Dec. 2, 9 a.m. Sailed, Dec. 2.—Paris and London, ( s ), f or Paris. Wi n d S.W. ; moderate. p asse d, Dec. l.—City of Delhi, from Calcutta, for Lon don ; Jason, screw steamer, London, South ampton. Passed, Dec. 2.—H.M.S. Rhadamanth us, f ro m west ward, for the river; Queen of May, London, Valparaiso. Anchored—Witch of the Wave, for Port Phillip • Ann Selby, Bathurst ; Emma , Newport ; Hamer, Havre ; Omar Pasha, and Lobelia, Sydney—all from London ; HOW, brig Heron, froni_Sheerness, for West Coast of Africa. THE BALLOT IN AUSTRALIA. The Ballot Society held a meeting yesterday, in their rooms, Guildhall-chambers, General Thomp son, M.P., occupied the chair ; and among those present were, Sir John Hare, Mr. Whitehurst (vice-chairman), Mr. Ell, Mr. Richardson, &c. A favourable financial report having been made, Mr. STAVELEY, a gentleman from Geelong, made a statement. He said he was a resident in Gee long, the second town in the colony of Victoria, returniug members to both houses of the legisla ture. Both those houses were elective, and elected by the ballot. Last October he took part in elec tions for both ; and acted as scrutineer for Judge Polman in regard to the Upper House. The voter, on entering the polling booth, received from the returning officer a printed paper, containing the names of the candidates. He then entered a pri vate box, resembling a pawnbroker's box, where be scratched out the names of the candidates he did not mean to vote for, and then folded the paper and dropped it into a box. The chairman, while he sat to give out the papers, and afterwards, while summing up the votes, was attended by poll-clerks and scrutineers. He believed that the elections by ballot elicited the real sentiments of the constitu ents of all classes. The people were more indepen dent than in Engle ; but even in the colony many voters would have been coorcod under the old system of voting. There was a social influence i.eyond that of the landlord and the lodger, which the ballot put an end to. If an elector wished to vote a plumper, he erased all the names except one. If he left on the paper more candidates than there were members to be elected, his paper was disre garded ; his vote was lost. A MEMBER asked—Could not a voter use two papers, folding one inside the other before he dropped them into the box ? Mr. STAVELEY replied that such could not take place, as the voter received only ono paper fromthe returning officer. The expences of elections under the ballot are very small. I have known' thdm as low as 231., but I believe they are under 1001. on au average. The money is spent in advertising and rooms for meetings. Nothing is known of the result of the poll during its progress. I remember that the popular candidate, who had been a member before, was in a great deal of excitement lest he should lose his election ; and yet he was found to be returned 300 or 400 at the head of the poll. Two of the members were returned against general an ticipation. Before the adoption of the ballot there was much difference of opinion on the subject. Now the opinion is very general in its favour. After some conversation, thanks wore unani mously voted to Mr. Staveley for his communi cation. THE BANK CHARTER ACT. (Prom the Morning Post ) To parish in the arms of a theory is better than to live divorced from it. This is the sort of wisdom which we are condemned to hear now-a-days from the devoted people who rush fanatically to the rescue of the Bank Act. Lord Eglinton and the gentlemen of Scotland, too, are used by way of iiluslratiou of the sin of acting independently of the doctrines of political economy, and they have been gibbeted in the columns of a contemporary as connivers at the commercial profligacy of the age and as offenders who seek to skin over the diseased places in the national system. Now, it seems to us, with all submission, that the restoration of confidence to the peasantry and artisans of Scot land, and the rescue of their small havings from the grasp of a bankruptcy court and its attendant lawyers, was a greater object than was the expo sure of a badly conducted joint-stock bank ; and that the prevention of national insolvency was more worth compassing than the vindication of a monetary theory. An outcry of empirical means ! Routine must be adhered to at all risks. Why, we remember when these very same people could not find breath enough to swell the cry against routine. Routine and ad hesion to systematic . processes were the bane of the country. Our answer to all this is—firstly, that in such a fearful emergency as that which the country has just come out of, empirical means must be resorted to ; safety by au instru ment, and at any price, is the first object. Secondly, the empiricism has been perfectly successful, and has effected its object without damage to any body. Is it not so ? Confidence is restored, money is brought b ck into active circulation, the exchanges have turned, gold is flowing steadily into the Bank of England, the special issue of notes has practi cally come back into its hands, failures have well nigh ceased, and the stoppage in the mass of the banking and commercial houses of England has been averted, All this has been effected by the simple relatation of a restrictive clause in the Charter of the Bank of England. Surely we are justified by that one fact, oven if we had no argu ments wherewith to back it, in assuming that that restrictive provision, and its indirect action, had some not inconsiderable share in the production of the evil state of things to which its suspension has brought instant relief and given immediate remedy. To-morrow Parliament meets, especially and ex ceptionally convened, to take these matters into consideration, and there are two or three circum stances to which we would direct their attention. There 'has been among our neighbours on the Continent very great monetary pressure as well as among ourselves. In France, Belgium, and Ham burg there has been great difficulty. France, an empire which for more than half a century has been exposed to the shock of perpetually-recurring revolutions, and to the exhaustion of gigantic mili tary operations ; and Belgium, a kingdom but lately created, have each maintained their position better than Great Britain. The Bank of France, the management and organisation of which we have been accustomed to see perpetually abused in the columns of some of our contemporaries, is, and has been throughout, in a far bet' er position than the Bank of England ; neither have the capitals nor the great commercial towns of either France or Belgium exhibited such break-downs under pres sure as those of Great Britain. Where are we to look for the reason of this difference ? Let us turn our attention, first, to the organisation of bank ing. We find an absence of that particular machi nery the operation of which in England is found to act so powerfully, not merely upon currency, but upon the activity of circulation ; and we find that the Bank of France works under no legislative restriction save such as is imposed by . the obliga- ' tion of convertibility. Are we to bo told that these circumstances are to have no weight, or that they are not an important element in the con sideration of the case against the Act of 1844 ? In Hamburg alone has the magnitude of the danger incurred here been paralleled, or the actual insol vencies exceeded. In Hamburg every obligation of the Bank is represented by' bullion in its coffers. The system of Hamburg goes further than ours. There is there, too, banking currency based on securities. Yet Hamburg is in the greatest mess of all. To what conclusion do these facts lead us? Surely to these, among others. Firstly, that the Bank Act of 1844 invariably aggravates monetary difficulties, and unduly hampers the nation in legitimate attempts to get out of them ; and, secondly, that neither Acts of Parliament nor the machinery of a central bank have, or can have, that power over the monetary transactions of the country which Sir Robert Peel-and his followers ascribed to them. What had the amount of bank notes issued, or in the hands of the public, to do with the crisis of either the year 1847 or the year 1857 ? What has pulled down the banks that have failed ? Not any issue of notes, nor the command of too large a proportion of currency by aid of the Bank of England, but the reckless abuse of their deposits, which the public, attracted by the high rate of interest, placed in their bands. Nine millions were held on deposit by those two banks in Scotland that have failed with a circulation which was under a million. It was out of their deposits, not their issues, that they furnished the means of creating an 3 main taining firms, with no capital for the bank and the depositors to fall back upon but their own paper, crossed with a forged acceptance, and unrepresented by commodities. It is worthy, too, of especial remark, that the measures of the Bank of England, and the periodical augmentations inthe declared rate of interest, by which its directors were struggling to recover their gold, had the effect, so long as the public was free from alarm, of in creasing the power and influence of those discount ing banks, by bringing continually new and addi tional depositors to their counters. We confess we observe with apprehension the increased disposition of the public to make use of their money in this way, and we receive with the most unfeigned alarm the disclosures which are forced out by our courts of bankruptcy as to the organisation and management of well-esteemed banking institutions. The control of shareholders, as ordinarily exercised, is a delu , anon, aid the superintendence of boards appears to be little better. How far these evils of administra tion aro prevalent, whether they are exceptional or whether they are common in the banking business of the country, there aro no means of ascertaining ; but beyond doubt Parliament ought to make it their first business to obtain such complete and accurate knowledge upon the subject as will enable them thoroughly to inform the public mind, and satisfy the nation as to the soundness or unsoundness of the system under which so many millions of money arc being adminietorea. ~~~ 33 621 79a9 x d BRITISH MINES. . . 2/1 Alfred Cons. (Philk.) 1 13 i —14 i 20 14 dritish Iron 20 Condurow (Cambrn.)loo 110 10 1 Dev.Gt.Cnsls. (Tay.) 1 430 450 27l East Basset (Mogan) 90 100 1456 Great South Tolgus l3 i 14 a 11/3 rt.W.Alfrd.(Philk.) 41 5 ••• 7i Grt.W. Vor (llelstn.) 1 2 ••• 13s Lady Bertha 7i N. Frances (Illogan) 8 10 . N, W. Basset (Illogan) 12 13 6h15 North Wheal Crofty 47 1 5 ••• u t Par. Cons. (St.Blaxy) 19 20 9 Porkellis U. (Wend.) 4 5 6s, Sort. Cons, /tin. Co. 1i 2 2i S. Caradon (St. Clear) 335 345 2 S. Cam Brea (Illogn. 4 5 ••• 19 S.W. Frances(lllogn. 220 230 ▪ 5 4i Tarn. S. &L. Min. Co. 1 10 9 Tin Croft 3 4 40 Un.Mines (Gwennap) „, ... 1256 V. of Towey (Camay,) 1i W. Basset (Illogan) 22 23 ••• 20 W. Caradon (Liskrd ) 100 110 0.0 5h Wh. BaKet (Illogan) l6O 170 ... 5 Wh. Buller (Rdruth) 2BO 290 5i Wh, Edward(Calstck) 7 7 7i 6/ ... 117 s Wh. Kitty (U. Llant) 16 18 8 Wh. Ma. Ann (Menht. ) 48 -- 50 491 4i Wh. Trelawney (Lis.) 23 25 FOREIGN MINES. 20 7-6 Australian 1 lOs. Bou'Accord Cop. (ii.) d par 35 27 Brazilianlmp.(iisued at £5 pm) 30 all Do. Cocaes (St Cuiada. . 20 15 Do. St. John Del Rey 11 13 1 Clarendon Con. Min. Co. of Jamaica...—. ...d 40 all Cobre Copper 39 41 16 Copiapo - 12 ▪ 1 all Dun Mountain Cop. per Mining Co. p 2 all Fortuna 20 all General 3 all Linares 5 1i Lusitanian • ~2 1 all Mariquita 1 all NeW Granada — 1 all Noveau Mondo 20 all Pont. Sil.LdM.dr Snilt I 5 5 1 Port. Philip Pont. Sil.LdM. & Snilti Port. Philip Santiago de Cuba United Mexican 4•• ••• 2 - 3i 3 i a MISCELLANEOUS. Atlantic Tel. (Lim.) Australian Agricult. Australis. Royal Mail BerliuWaterWorks Do; Now iss. at 5/. d Brit. American Land ,Canada ID (3. Go. 6pc.Jan&July Copper Min. of Eng. Do. Prof. 7. p. cent Crystal Palace ••• - •" 22 - 23 • • •• ...... •• 4 - 5 30 - 115 - 125 105 - 107 27 - 32 23 - 25 1t - 3i - 4 Ili -7 iiii ••• 1 - 14 -5?; 2} lit 31 -3, 2 '2 3 2 3 lid 16 is - 4 4 5 it 11 id l i p 2i 74 76 6 7p 21 23 - •••• ••• l ---. 11 31 - 3 B - i ••• ---- ••• 81 - 94 IDO. Preference' !Crystal Pal, of France 'Eastern 5team........1 Electric Telegraph iElectric Tel. of Irel lEn. &Aust. Cop. SmCo ;Eur. & Ind.Jetn. Tel. Eur. &Am . Stm. (1 im.) 'Gen. Ir. Sc. Col.(lim.) } Gen. Steam Navigat. London Discount Lond. Gen. Omnibus Magdalena St. Navig. 'Mediteran. Elec. Tel. !Do. Extension Teleg. Mexican & S. Am erien I Nat. Discount Co Netherlands Land IDo. Do Do.B p.c.Pf.iss.at hi. Do. Do. INew B. &N. S. Land N. S. W. Gov. 5 p. e. D. N. B. Australasian... Nrth. of EuropoStealn Oriental Gas Do New Shares Peeilir, Ld. & Minrl Peninsular 4 Oriental Do. New Rhymney Iron Royal Mail Steam Scot. Austral. Invest S. Aus, Gov. 6 p. c. bds South Austral. Land Submarine Tel. Scrip Do. Registered Trus. Ln. Co. Up. Can Van_Dieluou'a Laud 121 105 i 6 19. 89i Si 72 21i 1 1 8131 10i 20 30 28 8545 14i 101 100 SOCIETY OF ARTS. Last evening a very crowded meeting of the members of this body was held at their house, John-street, Adelphi. As the resolutions that were to be submitted to the meeting involved the whole subject at issue be tween the council and the board of examiners, Mr. C. W. Dilke said that the council thought it would be desirable that, upon this occasion, the 'chair should be occupied by some gentleman whose opinions had not been given upon the points at issue. He therefore moved that Mr. Bodkin should take tie chair. Mr. BODKIN having taken the chair, he called upon the secretary to read the bye-law as to spe cial meetings ; which having been done, the fol lowing expression of the council's opinion was read to the meeting : " The council consider that it will conduce to the convenience of members to give a brief summary on the points which they have proposed should be brought before the present general meeting. " The first subject is the legality of the present bye . laws affecting the examinations. " Members will bear in mind that these bye-laws are new, having been passed as recently as last February ; and, during the past month of November, were, for the first time, about to come into operation. The attention of the council was drawn to the fact that the bye-laws were contradictory to the charter—that they were il legal. That they are illegal the solicitor of the society, who is now present, will assure the members if they entertain any doubts upon the subject. " The council submit to the members the expediency of passing new bye-laws. The proposed new bye-laws simply place the board of examiners under the control of the council, as they were before the bylaws attempted to remove them from that control. "The council repudiate altogether the slightest inten tion of disrespect to the examiners, in suspending their functions in order to prevent an election of them con trary to the charter. " The - council place with confidence their programme of examinations before the knernhere at large.", Memorials in favour of :the continuance of oral examinations were presented by Mr. Baines from various places in the north. Mr. W. PORTAL presented memorials from places in Hampshire in favour of written exami nations. Mr. CHESTER then rose to move the alterations in the bye-laws. He hoped the discussion would be carried on without personality, and be confined simply to the business matters for which the meet ing was called. The meeting was called to repeal ex isting bye-laws which were found to have been passed in misconception of the powers of the society. The council wished not to shirk the question, but to meet it openly and fairly. He believed that much censure had been passed upon the council simply from a misapprehension ; the council had no desire to suppress examinations, they merely Suspended them until the constitution of the board of examiners was in accordance with their. charter. The council, although not at first .unanimous in their opinion, at last became so, and the subject had been debated at many meetings of the council, which had been very numerously attended. The board of examiners became almost an independent body, and its chairman need not be a member of the Society of Arts. When the board of examiners sent out the list of their successors the council should have called the society together, but they had not time ; they therefore suspended the action of the board of examiners. Ho much regretted the antagonism that had been exhibited against the council in this matter, and the agitation that had taken place. He hoped that whatever ar-: rangements were come - to, they would be still that the management of ,the seeiety was left in the hands of the council. With regard to examinations the council entirely gave up the examinations of private school., which the council considered were a purely commercial speculation, and would con fine themselves simply to institutes in union with the society. He hoped the meeting would not be led away by the misrepresentation that the exami nations had been suppressed, as also by the circular issued by the late board of examiners, which ho criticised severely. He spoke as expressing the opinion of the council that the examination should be by means of written papers, and not by oral examinations. It was a mockery to bring men from a distance to be examined: The council did not wish to centralise ; wherever there was an institute there might likewise be a local board. The council applauded the movement by the universities as regards the granting of honorary degrees, and would be willing to pecuniarily assist candidates for that honour. Mr. J. GRIFFITH FRITH seconded the motion. The Rev. Mr. MITCHELL wished to know when the discovery *as made as to the illegality of the bye-laws ? A satisfactory answer was given, when it was asked whether the matter had been submitted to counsel for opinion 1 Mr. Tooke, the• solicitor, explaitied that he had no doubt upon the point, and therefore did not deem it necessary. After some discussion, the alterations in the bye-laws were carried by a large majority. Mr. BAINES then rose to move a resolution, declaring the society's belief in oral in preference to written examinations. He concurred in the confining the examinations to the moral effect the visits of the exanners had upon the mem bers of the various institutes, especially in the north, where there was a ready and steady pur suit of knowledge in class instruction, and be looked upon the examinations which the York shire Union took up with warmth and earnest ness, as being indebted in a great degree to the personal exertions of Dr. Booth, and he believed that little would be done unless the society sent down examiners to conduct the examinations. By • sending their examiners they would prevent petty local and personal prejudices from inter fering in examinations. Mr. WATTS seconded the resolution. . Messrs. Crease, v Webster, W. Hawes, Arlkin son, S. Morley, Dr. Carpenter, and others, took part in the discussion. Dr. BOOTH at length rose, and read the reso lutions that were passed with reference to the formation of local boards for the arrangements of examinations. He explained that the resolutions passed by the society had to be ignored, as they were impracticable. Mr. COLE was iu favour of oral examinations where prac!icable. Mr. WILKINSON moved an amendment, leaving the whole matter in the hands of the council, which, having been seconded, was carried. After some discussion as to the council's re fusal to allow Dr. Booth the use of the columns of the society's journal, the chairman was thanked, and the meeting separated. THE WOOL MARKET. LIVERPOOL, DEC. 1. The unfavourable state of business referred to in our last report has existed during the whole of the past month with increased intensity, and it may well to regarded as one of the most serious ordeals in a commercial point of view which this country has ever encountered. Almost each day has brought accounts of fresh disasters, including many firms of old standing and undoubted respectability, caus ing universal mistrust, and threatening the standing of the most prudent trader. Under such a state of pressure, with the Bank of England minimum rate of discount at 10 per cent., and a much higher one in the open market, sales of nearly all kinds of produce have been almost out of the question, and have for the most part .been made under circumstances of necessity, and the Exchange has been frequented more to discuss the news of the day than for the purpose of business. In the wool-market, with the exception of one or two forced sales of small amount, there has been literally nothing doing beyond the sale of a few bales in hand for immediate wants, and prices are altogether nominal. It is a source of great satis faction to notice that the wool trade has stood its ground so well, very few failures having occurred, and only one firm of any particular standing, exclu sively in the trade of English on commission. The public sales of colonial wools have been going forward in London since the 12th ult., and, consi dering the very unfavourable circumstances, the result must be considered in the highest degree satisfactory. On the most current kinds of fine colonial the decline is 2d. to 21d. per lb., and on other sorts up to 4d. per lb., the home trade taking a larger proportion than usual. These sales will close on the 4th inst., to be followed by public sales of low descriptions on the Bth and following days, but the quantity is not important, being about 4,000 bales of East India, and probably a couple of thou sand bales of low foreign. The present extremely h i g h rate ofinctaeirlesotnlmyubset prove a barrier to any business, but .t regarded as temporary, and there seems reason to expect that an immediate relation will supervene It will no doubt take some time to recover from the present shock, but we look forward to a healthy trade, and in our next report we expect to be able to quote prices with some degree of precision. Imports of Foreign Wool—From the Ist Jan. to the 30th Nov., 1857, 156,467 bales ; from the lst Jan. to the 30th Nov., 1856, 125,414 bales. THE HEIGHT OF ASSURANCE.—At the meeting of the Chamber of Commerce which took place in this city on Friday one of the members wbo rose complained in strong terms of the want of bank accommodation in Glasgow, while that gentleman bad been allowed to overdraw his account in the Western Bank by 60,0001. I Some of the members,'as a mark of disapprobation, rose and walked out of the room,—Glasgow Daily Mad. LITERATURE. Captivity of Two Russian. Princesses in the Caucasus. Translated from the Russian: By H. Sutherland Edwards. Smith and Elder. This little volume will furnish a fund of informa tion to those desirous of becoming acquainted with this episode of •the late war. The accounts must be authentic, as they have been communicated by the captives themselves, and evidently in an im partial manner. The hardships and sufferings they underwent, in some sort inseparable frem their po sition, did not prevent the Georgian ladies, from giving praise where it was due to their enemies, nor did their uncertain fate render them indiffetent to what passed around them. The saddeit circum stance related is that of the infant Lydia- being killed in the forced march immediately after the prisoners had been taken. This was partly accident, but the conduct of the man who had charge of the mother was very reprehensible. The description given of the Seraglio of Schamyl (in which the princesses paised seven months) is very interesting, and it is written in a pleasing style, such as does honour alike to the author and the translator. Added to the work are a portrait of Schamyl, a plan of his house, and a map of his ter ritory, which increase its attraction. The Russian book, of which this is a translation, was written by M. Verderevsky, to whom the "princesses related every particular worthy of notice concerning th • err cap tivity. The English reader is indebted to Mr. Edwards for rendering available so interestin g a work, which, in an agreeable form, brings before him an account of events and personages that is worthy of attention, and which otherwise might not have been easy of attainment. Haydn's Oratorio, " The Seasons," arranged by Vincent Novello. Novello, Dean-street, Soho. This popular work forms ono of Novollo's ori ginal octavo editions, and is presented in a cheap, classical, and perfect combination, which requires no recommendation to induce the public to pa tronise it. Mr. Novello has done much.to advance the diffusion of sound and elevating - music, and to render the highest productions of the Divine Art accessible to all ;it is therefore gratifying find that the circulation of his publication is increasing rapidly. The Angler's Instructor. By William Ba,yley. Longmart and Co. If we were inclined to the " weakness" of Isaao Walton, we should certainly pin our faith on the explicit and straightforward directions contained in this little book. It explains the mysteries of lines, rods, and baits, describes the habits of fish, points out their haunts at the various seasons of the year ; and, in short, is oue of the best oompendiums of the kind that has fallen in our way. If we ever dedicate a thy to "tickling trout" or hooking gudgeon we shall certainly put Mr. Bayley in our pocket before starting. Colburne's New Monthly. —" The end of an Ill st;xred Visit" continues the fortunes . of Susan Chase. There is not so much interest in this por tion of her adventures, as it is merely a recapitula tion of events that bad been previously mentioned. Susan starts at last for England, after having been very much disappointed in the conduot of Mr. Carnegie, who had not improved since he had been married to Emma. Mr. Leicester is an example of an honest nature, which contrasts favourably with a selfish and unprincipled man like Carnegie. Although full of melancholy details, this story pos sesses considerable interest, on account of the skill with which it displays character, and the likely man ner in which the chief circumstances are introduc: d to our notice. Sir Nathaniel continues his " Notes on Note Worthies," and carries them back to the days of Hippocrates. "The Press in America" gives a history of its rise an d progress in transatlantic states. " The Land Revenue of India, and the Village Sys tem," is the title of a long and important article on the government of Hindostan. Mrs. Bun by continues her translation of the Swedish voyage round the world, and describes Singapore and Hong Kong. "The Baths of Lucca," are brought to a conclu sion by the agreeable writer, who takes the name of Florentia. A melancholy love story is told in this part. " The Fergusons of Castle Ferguson," is the title of a Kerry legend of rather a gloomy character. " Suggestions for the Re-establishment of Posting," is an amusing paper, Suggesting that railways should be superseded as a mode of convey ance for the wealthy. Nicholas Michell has some spirited verses entitled " Bound for India." MISOELLA.NEOUS MAGAZINES. Tait's Edinburgh Magazine has several interest ing papers. It opens with an article on tlmmeeting of Parliament, chiefly on the Bank Charter Act, on which subject it expresses bold and sensible views. The " Sketches of the Isle of Man" are continued. in a very pleasing story, "The Castle Mona.'" The heroine is an heiress, whose mother encourages the addresses of a baronet, while an old affection exists between the fair Isabel and a neighbour's son. Fortunately her father is wiser than her mother, and devises a test for the rivals by pretending to have lost his fortune. All romance readers may anticipate the result. "Dr. Livingstone's African travels" furnish the subject of a paper whichgivee a comprehensive summary of his adventures and researches. Another story is not without interest, though of a supernatural character. It is entitled the "Legend of the Hundred Years," and relates to an old tradition of a family curse. The "Cos mopolite's Sketches" and the " Tangled Talk" are continued in their usual strain, and there are several other articles on matters of social import ance.—The Eclectic Review has also a notice of Dr. Livingstone's work. Dr. Doran's recent book is criticised at some length. " Systematic Theology" and " The Indian Mutiny" are among the titles of the remaining papers. —The Irish Metropolitan Magazine has a number of tales and sketches, many of them possessing interest. " Hugh. Miller, " " Gasparino," and " Peninsular Rambles," are among the most attractive. There are some pleas ing verses on Shelley, something in the style of Longfellow. The serials of " Davenport Dum," " Paved with Gold," and " Ask Mamma" are continued in their usual styles, melodramatic and comic. Routledge's " Shakspeare" has reached the sixteenth part, which completes the "Merry Wives of Windsor," and comprises the whole of " Much Ado about Nothing."— The Bio graphical portion of the English Cyclopcedia comes down to the commencement of the letter Y. This valuable and comprehensive work has therefore nearly reached its conclusion., JUVENILE BOOKS. The Rival Kings ; or Overbearing. By the author of " Sidney Grey." Kent & Co., Fleet-street. This is another of those charming little stories which have added so much to the attractions of the juvenile library. It is scarcely so pleasing a tale as "Mia and Charlie," or so interesting as " Sid ney Grey ;" but it is perhaps more inetiuctive. Its object is less to show virtues than faults, aid though we do not find any of the little group now introduced to our acquaintance who are worthy companions of Mia or Sidney, yet the prototypes of Maurice and Etnma may bo found in most nur series or schoolrooms. It is the story of the family of a Welsh clergyman, whose father took the three orphans of an early friend under his protection. They all made grand plans of what they would do and give up for the strangers • but, as is too often the case in real lite, they found it much easier to make large sacrifices than little ones. The eldest boy, Maurice, was used to,being head and manager in everything, and could not endure interference, and the consequence was, that when three reserved, sensitive children arrived, they were ordered about and received with so little cordiality that .their faults of reserve and discontent were increased. How all their faults brought their own punishment, and how they learned through trouble and suffer ing to Lear and forbear, is told with great interest. The novelty of the scene and names will add to the attractions for its young readers, who will find both pleasure and profit in its perusal. The Thousand and One Days, a companion t the Arabian. Nights. William Lay, King William- street. A volume of Oriental Tales, compiled under the supervision of Miss Pardoe, is sure of receiving a warm welcome from all lovers of those gorgeous fables of the East, that appear to possess that magical elixir that they toll us of in their pages. The titles of these stories, some of which are not altogether strangers, aro very attractive, and the illustrations add greatly to the attractions of this captivating volume. The Diary of Three Children,. Edited by Catherine Bell, author of " Cousin Kate' s Story," Edmonston and Douglas. This little volume is translated from the German by a young lady, and it has been slightly altered to adapt it to the comprehension and interests of English children. For, as it is imtended for very young readers, it was thought advisable to present them to scenes and customs to which they were make ae accustomed. It is a very p leasin g little work, l prettilynatoiai styleil will lustrathteadt, mworstittelnikeliyn. ak a simple favourite with children. Jules Gerard, the Lio2l, Silder. Illastrged edition. W. Lay, Sing William-street, Our old friend, Jules Gerard, has re-appeared in a new edition. It is a handsome volume with numerous engravings, aid will form a very accept able Christmas gilt to the lovers of sport and adventure. 20i 100 100 50 101 100 FOR: 55 41 274 7 92 77 35 i 47i i 1061 7} i 50 50 50 25 12i 10 20 20 50 St. 8 10 10 TOO 100 100 100 100 100 12. 12. 12 St. all 100 100 100 100 3 100 20 12 25 20 St. 25 10 L 0.6 100 St. 1 20 50 50 50 100 60 all 100 all 100 5)1 81i 94 3 1291 li i