The Sun. — London, England, 1847-10-20 00:00:00

THE SUN, LoN Do N., WEDNESDAY_ EVENING, OCTOBER 20, 1847. _ve millions sterling N‘c,uld afford much relief, and that a similar amount mitght be funded to make room for them. At the same time it is recom .Mended that duty payments shoule be permitted in Exc hequer -bills. The Foreign Exchanges were yes terday again rather firmer, and generally there was an a Ivance. The public securities have beer t improving to-day, although fluctuating still. Money is a little easier. )Much satisfaction has been afforde 3 by the announce ment that Messrs. John Shewell and Sons, the highly : respectable brokers, who have bet In in temporary diffi culties, have paid twenty shillings in the pound. The value'of Consols has improved •to 791 to ;,1 fur present Transfer, and to 80-i to h for Acct Exchequer-bills re been 255. to 335. discount. Bank Stock is steady at 180 to 182. The - New T 1 tree-and-a-Quarter per Cents, have realised 79 2 to 8 4. • Spanish. Active Bonds have be en 161 to 171, the Three per Cents. 261 to 27k, Me: xican about 17, and Dutch Two -and-a-1141f per Cents,. 521 to 53. f Shares are rather better support ed. 02 ;E CLOSING - PRICES OF BRITISH FUNDS. O'er .ocK. PRICEs. Bank Stock ........................... 1811 ! 1 180 180 3 per Cent. Reduced Anna ........ 783 773% 78VA 78 % 3 per Cent. Consols Aitnuities ...... 795 :,5:1143ti % 80 New 34 per Cent. Anns ....... 795, z 51 4 % 795/s Long Anna. to exp i re Jan.lB6o ..• 8 7'lll 8 1-16 IDitto, Oct. 10, 1859 7 3 / 1 1:3: 46 11-16 7 11-16 India Stock ...... ........ ........ 220, 4 222 ndia Bonds, 1,000/. . ............ -- Ditto under 1,0001. ...... 40 Consols for Account ............ 80 801 797„: 3 80 3 / 4 4 Exchequer Bills. 3d. 1,000/. ........... ........... 28 3'3 25 dis S5OOl .................... .. 18 di s mall .................... .. par 35 solA 25 dis 18 dis 5 dis PRICES OF FOREIGN FUN 0 NE CLOSINti DS. ON ;LOCK PRICES Alexican, 5 per Ce n t. 1846........ 3 6% 17 17 1 4 Ditto, Account...... . - - 17% Portuguese 5 per Cents '7l 73 73 Ditto, 4 per Cent. l9 19 Spanish 5 per Cent. 1840. Ditto, Account — 16 1 t z Ditto. 3 per Cent 27 27% 27% Ditto, Account - 27% 273 8 Venezuela Bonds, 2 14 per Cent — Ditto, Deferred B% 8 1 / 2 Dividends on the above pay al de in London. Dutch, 2% p er C ent. , 12 Guild 5 2 14 53 53% Ditto. 4 Der Cent. Ce r t i fi ca t es 801 4 , 801 , Ditto, Account . 8 11s( 811{ PRIcK6 01 , RXILIVAY SHARES A ,„ BC; ;IN ESS DONE CLOSING P- ' AT I )N le O'CLOCK. PRICES Aberdeen .. 40 Amber., Nott., Boston, and Eastern Junction 2%.• ... Ayrshire and Gallo wa y.. 2% -- --- Belfast & County D own 1 0 • ..... . • - .. Bi rmingham and Ox ford Junction Birmingham, Wolver hampton, and Dudley 10 Binning., Wolverlepton, ... .• -. ... _ and Stour Valley... .. 8 . Birkenhead, L ancas hi re, .... and Cheshire June.... 61,x... --. _ Boston, Stamfd, & 13irm. 5 ...... - • •-• Bristol and E xe t er — 75 - - Ditto, Thirds - - ... ..... ••••• -- Bucki ng h amshire Bl. 45......, Z ; 3 4 dis ......... 3% dii Caledonian ........ .. 5O . .... 3: i 331 4 Ditto, Half Sh ares..... 3%% Ditto, Clydesdal e J une 40 ...... - - Chester and Holyhead-. 3214 L 5 1 4.- Ditto, Preference 4 ..... : 3 1 4% 3A Cheltenham and Oxfo r d 2 ...... - •• ••• Clare nce 7 8 14 - Do. Ist Class, 6 per Ct. 10 ...... Do. 2d Class. ' Ct 3/ i 4 17 3 / 4 FOREIGN RAILWAYS. Anglo. Belgian... 4 Barbadoes 1 Boulogne and Amiens... 20 bordeaux,Toulouse, and Cette(Constituted)... 4 .< ... Central of France (Or leans and Vierzon) ... 14 Central of Spain ........ 2 Ceylon .. .... ss. Demerara 2 l /2 ... . Dendre Valley Direct Bombay and Madras Dutch Rhenish 7 East Indian ... ..... .... 58. Great Indian Peninsular 5s Great Southern of Madras ss. Great Western Bengal... ss. Great Western Canada... 311 Italian and Austrian. ... 4 ... Jamaica S.blid. Junction 1 Louvain ala Sambre ... 6 ... . ... Luxembourg. ..... ..... .. 6 Lyons and Avignon 5 111 adras •• Madras. Nellore, and Arcot % Madrid and Valentia.... 2 ... Namur and Liege Northern of France...... 10 ..... Orleans and Bordeaux 6 Over Yssel 4/ 3s 4d Paris and Lyons ...... .. 10 Paris and Orleans 2O Paris and Rouen Paris and Strasbourg 8 Rouen and Havre Sambre and Meuse ...... 16 .... ...... ....... Strasbourg and Bale ... 14 fours and Nantes ....,. S Tournay, Jurbise, Lan den, and Hasselt....... l 2 Trinidad West Flanders ...... .... 8 JOINT STOCK BANKS. ~ ent 5 per Loan, lO ...... Do. Gover nm 4 per Cent. - Dublin and BelfastJunc 2O ....... • - Dundalk & Enniskillen 15 East anAnglia, 251., L. & Ddl... and D. ...... 95 18 ... ... , _ 0., 181,, E . & H.... ...... East Do., 31.10 5., E. & H. 1 ...... rn Counties 2O ..... . 15%M 5 ... ...... Ditto, Perpetu a l, 5 par Dittot, No. 1....... 61. 13s. 4d.., sA% dis ditto, Nu. 2... 6/. 13s. 4d... - . .....1 1 . ) ., York Extension.. 10 . D O ., North. & E as t ern 50 ..... Do., Quarters ... .... 19 . _ •••••• Do., N ew 23% ...... • . Ca stern Union 5O .. •••• ••• Ditto, Qua r t er Shares 12 1 A — Ditto, Thirds ... .....13s. 4d.„ — East L ancashire 20 . --- Ditto, N ew 1:' ... - . •• •• Fast Li Do., dncoln s o., Exten. Scrip 1%•.... . hire ... 7% Edinb u r g h and Gla:igow 50 .. ...• 47 Ditto Half Shar'',..3 15 Ditto Quarter Shares 12 1 ) .i . ... - Ediabu;gh &Nr h 20 Ditto, New . ,rt ern.. •• 2' 1 4 ...... Ditto, New . ;... . Ditto, ditto P , ...-)Nte• .... 7 ..".. Ldinburl ad Perth .14. -- Ditto Est ensio ".• • . Ex eter,'Yeovi vet & 11)0*-- IC s . ~.... ......... ..... Ditto, Nev rch. . 2%. Glasgow, I)in:ofries, - - .. Glasgow,Carlisle , . , .... 8/ C • Sol E ,iim' a . r .. ; . & . A.y • 14. - - •• - • • ,' • Ditto, Ne w . - r 5° ..-. - • • Do. Fi.enc ret f ...... .„ e 35. - v Oreat Nor .kern..... ......... ~i, Do.) Lo - ndou an d Y O7 k 2 V 2.. -••— ` - ' - rat Sol ith. and West. (lre lan d) .. 85 . GreatNu rthcf England .100 Ditto, New 404 Ditto. , New 30/. (4 r„e bittc ew 15/ ... 1 1 / ` ,, T at,. ~ , Western 5 4 '4/ _O, 1 / 2 110 Shares .5 Di i z t o , IA Shares Di tto, l'ifths . 20 ,Di tto, New 17/......-.. 7 "•ad deratield & Manches. :22 ....- , itto, Thirds ......... 7 44 111 I) 1 and Selby 5O .. .. tto, lialf Shares 25 - ••• 1. D itto, Vi Shares.. ..- -. 121 lla' ivich& Bury St. 1...,dva. 15 .. , 1 )0., do., and Norwich 12 Do., do., Extens.Sc rip , (late Camb. & Ely)... 2 1 / 2 — ' uicaster and Carlisle... 50 Ditto, Thirels ... 10 ' ancashire & Yorkshire 82 Ditto 1 / 1 . Shares . ... 38 Do. Quarter Shares... 14 1 / 2 Do. Fifths 6i,..... 5 5 1 4 Do. Sixteenth s ...... .. 6 1 4 ..... "'_ Do. Thirds (Reg.)....10/. 4s. Do. Liverp. and B ury 3 4 Ditto 14 ()ate Hud- dersfield and Shetf.) 33 ...... Do.( %V aketield,Ponte fract. & Goole - Do. (Preston & Wyre) 25 — Do. 1 ,4 Shares (A) 9 Ditto ditto (B) ... 14 Leeds and Bradford SO 1 [ Aliceater and Bedforel... 16s. 1 .eeds, Dewsbury, &c.... 37 'X I — Do., Branch 1 / 2 Spar , 121/ ....•• t h 15% _ 7 1/2 _ 7'W4 Australasia London Joint Stock lO British North American 50 Colonial Commercial of London 20 Provincial of Ireland ... 25 ' -- London & Westminster. 20 Ditto New........ 13 National Prov. England. 35 Ditto, New lO National of Ireland 22% Ditto, New Union of Australia Ditto, New........... 414141 24 — . Union of L0nd0n......... 10 Union of Madrid 40 MINES. 2% Anglo Mexican lOO Galvanized Iron Real Del Monte, Unreg. 90 52% - J 14 _. , ;/,... — ..... ..., _ Do. New Braneh(hlue) 2% Do. Extension (green) 21..... Do.Newlf.xten. (pink) 2V, — .... I, eeds and Thirsk 3l Ditto, New 17% ...... ... ..... ...... Do., Prefer., 6 per Ct 3%. ... __ .. . i verpool, Crosby, and . ...... . .. Southport .... .......... 2 ..... ..... ............... Li 1 rorp., Mnchstr& New , , =tie Junction 2% ...... .............. '`.•° radon and Blackwal!..l6/. 13s. 4d. 4%... ....... .. Do. New, No. 1 ...... .... ... Do. New, No. 2 .. 31 l3s. 4d.... „ De. Extension ls ''''D ndon, Bright on , an d 'South Coast I )o. Consol. Eighths.. 20 1 )o. Guarant. 5 per ct. 9 I Do. Pref. Con. 5 per ct. 50 ••• mil ldon and Greenwich 12/ 15s4d ,_I )itto, Prefercnce...lB/. I;s.2d ....° don and N. Western 100 1 1 . 0., Quarters L. & B. 17 .lik )., no. Now ... .... '2 4 / 1 tto Fifth ..... .... ‘, lit , 4 . Shares (G. J. 2U . Ibo 40/„Shares(L.M.) 15 D? 0. 40/. (M. & B.) ... 40 o. 10/. (M & B.) A. 5 O. 1 0/. (51. & B.) B. 5 v_ -u e. I‘9/. Al. & B . ) C. 1 '''°ild.on, Oxford, and iYh elten 11 a ra ............ 2 .. "'ad. & S.Western ...411.6:. 3d 54 ... ......... .. be. New ConsoL tiths 40 o• 0 New 50/. ... ..... 32%.. - .., b .. -4ew 40/. ......... . 26 ..• • 4 ti o t .:. rim ths (Consol.) . - D 1 50 i e . ditto ....... .... 40 ...... in? Salisbury, an d 1.,,7, , 0 'n 10 ud 1 !. .... c ,. ....... 114........ .... tior7, rry & C derain l 4 d •trry and Ennis e 27 % ...... 41 44 41,4 x k tlrl i , I e: . . . .uxton,and - ........ ... 23 3 / 4 ..... . .......... an, ,i, •• • ••• ...... • ... 3 ..,.. ——_ ‘ L ister, Sheffield, u. ncolnshire . t4uartere (.Nn .....100 ...... O. 1) 13 ...... - MONEY and COMMERCIAL :NEWS. Ditto ditto (No. 2)... 25 CITY, Ditto ditto (No. 3)... 7% — QUANTE!: 7'o THREE. Ditto and Grimsby.... 25 The Cotton Market at Liverpool, yesterday, was very Ditto ditto . ......... 7 dull. Sales 1,200 b a l es at -11. to d. per lb. decline. Ditto ditto Ditto Sheffield Lincolnshire and 7% have not been muc h d ealt in. Manehest. &Southanipt. 2 1 i — The accou n t s rece i ved to-day from Liverpool are of a Midland Do. Consolidated Pref.loo — very heavy tone, but, upon the whole, rather better thin Do. , tO/. Share s yesterday, and it seems that the run upon the banks has Do. 1;01. Shares 72% 74% subsided. We should hope that the good sense a.? the iv, Do. Birni., and D i e s ,r t byloo Liverpool people, the, most intelligent men of busi- V i l r a l n ti d in C , on 'r B• . & ~, 6 per cent.loo ness in the world, will induce them to extend ariiiNhilcd, Bry,t. &Gleestr. 34 due confidence to the banks, at least where I,,lii!ilintts Lc , d e i i tt e o s t.B: Swan -71. 9s ••• • ••• they h ave no reason beyond mere panic fear for hington, 8 per ct.g,uar. 50 ...... acting otherwise. The embarrassment of a firm in the Midland treat Western iron trade is alluded to in some of the Liverry)ol letters, _ Irish and there is further mention made of one of the banks, Neivfoc.a(sltulaeratTirsCarlisle...lsooo but we have made inquiries at the town agent's, and find Newmrket&Chesterford 13% yDo. Extension .........21. 12s that the continue to pay as usual. The produce markets are still rather pressed upon by Nelv i so i rl e , re A fo b r ejgayenny . , 4 ..... sellers, and although there is a good deal done for Newry and Enniskillen 7 10 •• ......... ••• There has been a suggestion forwards dto Lord John No a r r f il c ßostre:o . ......... _ lOO Russell by Mr. Richard Therrnon, tie eminent mer- Do. New . 7 2C)/. .. 5 chant, to the effect that an issue of Rxchcquer-bills to Do. Extension the am ount of fi Do. Scrip, 1847, North - ... ocrip, ... . of Norfblk... 2 - . Do. do. Waveney Val. 2 - • Northern Counties Union 4 - North British ... ..... ... 25 ...... 22 Do. Half Shares 12%...... 10 Do. Quarters 4 34 - Do. Extension - ......... . ""Ditto Thirds 1 ... .. 4 dis North Staffordshire 7% ...... 6 5 'jg 4 6% North Wales -•• North Western 6 - Oxford, Worcester, and Wolverhampton ...... 27%... .. - Reading, Guildford, and Reigate - Royston and Ilitchin ... 1% - ... ........ .. Scottish Central ......... 20 Scottish Midland 17% - . .... Ditto, New lO ....... • •• • • • Sheffield, Rotherham, and Goole , 5 - „. Shrewsbury and Birm... 6 - Ditto ditto, Class 11. 3 Shrewsbury & Chester ( Nor. W. Min.) l6 - Ditto Halves ... ditto 8 - Ditto Oswestry ..... 12 - Ditto New Shrewsbury and Herefd 2 ..... - Shropshire Union South Devon 40 - Do. Preference - •••• •••. •••• South Staffordshire 2!. 125.... - nuth Easttrn & Dover. 33% 2 4 3 /4 % 25 Do., No. 1 2O Do., Nc. 2. - ••• • • Do, No. 3 ....... ...... ;5 ...... - .... ........ Do., No. 4 South Wales ....... ........ 15 ...... - South Yorkshire, Don caster, and Goole 2 - ......... .••... - Swans. & Loughor & Ca meron's Stm. Coal. ... 4 - ... ...... •• - Taw Vale Extension ... 4 - ..• •• ...... ••• .... Thames Haven Dock and Railway .... ...... 17% - Vale of Neath ... .. Waterford and Kilkenny 13%._.... - - Waterford and Limerick 3; - - Waterfd,Wxfrd,Wicklw, and Dublin - West Cornwall - WhitelhAven & Furness 8 - - Windsor, Staines, and South Western ..... ... 425....... - - Wilts, Somerset, & Wey mouth York, Newcastle, and Berwick. ... . Do. Or.gina 1 New and Berwick .. ...... Do. North Shields Pun 25 - Do. Extensiox No. 1. 10 Do. do. No. 2......... 10 Do. G.N.E.Preference 8 - , 4 ork and North Midland 50 Ditto, Preference ...... 10 :-T l3l / 8 Jo. East and West Rid ing Extension 13%, 4 % 5% - 3 I, 4 - LLOYD'S SHIPPING--(THIS DAY.) LONDON, OCT. 20.—Wind S.S.W., light pleasant breeze, and fine clear weather. DEAL, OCT. 19.—Wind S.E. to S.W.—Arrd. Solway, Colombo; Christina, St. Helena; Halcyon, South Ame rica ; Sandwich, Mann, St. Lucia ; Charles Walton, Quebec ; Armkenny, Baldwin, ditto ; Nutria, North America, and sailed for Shields. Std. Gladiator, New York; Alice, Tarlton, Boston. Arrived from the River • and sailed, Euphrosyne, Calcutta ; Colony, Algoa Bay; John Williams, Cape of Good Hope, Sydney, &c.; Val leyfield, Sierra Leone; Ceylon, Berbice; Gibraltar, Do minica; Thora, St. Domingo; Ellen, Jamaica; Brandon, New Orleans; Delta, Gooer, St. John's, New Brunswick. OFF THE WIGHT, OCT. 18.—Concordia, Klyter, St. Croix, for llamburgh. PORTSBIOUTH, OCT. 19.—Wind S.W.—The Schwan, V.emel for Dundalk, which put in here 22d ult., leaky, has been condemned. OFF HELSToN, (;CT. 17.—Caroline, Burglay, Neves. SCILLY, CCT. 18.—Wind S.—Arrd. Minerva, Corbett, Quebec; Forest Monarch, Itichardson, St. John's, New Brunswick; Watchful, Smalls, Quebec for Sunderland; Tamerlane, James, Queb ec . FALMOUTH, OCT. 19.—Wind S.S.W. to S.W.—Arrd. Sophie, Walter, New York; Gotheborg, Boston. DUBLIN, OCT. 18.—The Ann, of and from London to Be; fast, came off the Arklow Bank yesterday and pro eeea'ed. Arrd. Ann, Boyle, Quebec. BUISTOL, OCT. 19.—Winl S.W., fresh.—Arrd. Lady o f the Lake, Smith, St. John's, New Brunswick. CLYDE, OCT. 18.—Wind S.W.—Arrd. Portland, St. ,T( ; Zenobia, Willis, St. John's, New Brunswick; J imaica, Martin, Montreal; Midas, Lowe, ditto; Mary at td Ann, Fibber, ditto; William Dawson, late Spitai, Q isebec. Sid. Coverdale, St. John's, New Brunswick. liftaa„ OCT. 19.—Wind S.W.—Arrd. Queen Victoria, Likkis, New Orleans ; Amazon, Pearson, St. John's, Nt.'s,' Brunswick. "lIITI3Y, OCT. 19.—The Leo, of this port, Liverpool to Q uebec, has been wrecked on Cape Breton; one man drowned. THE PRESSURE ON rI'HE MONEY MARKET. DEPUTATION FROM THE BANKERS, MER CHANTS, AND SHIPOWNERS OF LIVER POOL TO LORI) JOHN RUSSELL. Yesterday afternoon a deputation from the bankers, merchants, shipowners, and others interested in the trade of Liverpool, waited upon the Prime Minister, at the official residence of the First Lord of the Treasury, Dovv,,ing-street, for the purpose of pre senting a memorial agreed to a few days since, and signed by a large number of merchants, shipowners, and traders connected with the port, praying that the Government might immediately adopt whatever measures they, in their opinion, considered most advisable to relieve the pressure which now weighs so heavily on all the commercial classes of the COM- 74 1 A munity. The deputation was also authorised to represent to the Noble Lord the depressed condition of trade and manufactures in Liverpool and its neighbourhood, owing to the extreme difficulty which the most wealthy houses experience in the attempt to convert securities into money. The gentlemen forming the deputation were to have been in attendance on Monday, and an appointment was made by the Noble Lord for one o'clock on that day, but none of them made their appearance. In the afternoon letters were received from Liverpool ex plaining the cause, which was attributed to the pres sure of business, Monday being " packet day." Upon being made acquainted with the unavoidable circum stance which prevented the attendance of the deputa tion, Lord John Russell expressed his willingness to fix the very earliest hour on Tuesday (yesterday), and three o'clock was appointed, in order to suit, as far as possible, the convenience of the deputation. The deputation, which consisted of ten gentlemen, included the following:—Mr. William Brown, M.P. (South Lancashire), Mr. Cardwell, M.P. (Liverpool), Mr. Wilson Patten, M.P., Mr. G. Lawrence, Mayor of Liverpool ; Mr. T. B. Horsfall, Mr. Charles Tur ner, Mr. William Stuart, Mr. James Chapman, and Mr. Wylie. Mr. Brown and Mr. Cardwell introduced the de putation to Lord John Russell. The Right Hon. Sir Charles Wood, Chancellor of the Exchequer, and the Right Hon. H. Labouchere, President of the Board of Trade, were also present, and took part in the discussion which ensued. The deputation having been presented, Lord John Russell received them with much cour tesy, and expressed the willingness which he and his right hon. colleagues present felt to hear any repre sentations which the bankers, merchants, and ship owners of Liverpool were prepared to make with respect to the pressure now experienced by the mer cantile community of the country. Mr. Stuart, Mr. Brown, and other gentlemen of the deputation, then proceeded to direct the attention of the Noble Lord to the critical position in which the merchants and traders of Liverpool were now placed in consequence of the existing presssure on the money market, and the deplorable condition of trade, commerce, and manufactures. They wished it, however, to be distinctly understood in thus representing their case, that the relief which they sought at the hands of the Government was but of a temporary kind. At the prernt time produce of every kind could only be di posed of at an enormous sacrifice, which must sooner or later, if carried to any great extent, involve all trade in ruin. Orders from abroad for goods or produce could not be executed from the impossibility of converting into cash the bills drawn against them. The deputation could not refrain from expressing their opinion that much of the alarm and want of confidence which now prevailed amid all classes might in great part be allayed by the judicious interference of the Government. The memorial which they (the deputation) were charged to present to his Lordship dwelt strongly upon this subject, and set forth that in the opinion of the memorialists a temporary ad vance by Government, to be secured upon the credit of the country, would effect an immense amount of benefit for the mercantile classes, and by tending to allay groundless alarms cause the release of large sums of money now locked up and comparatively profitless, in consequence of the panic which prevailed. An ad vance of this description, they contended, it was the duty of the Government to make, as a continuance of the present state of things would inevitably have the effect of depriving hundreds and thousands of the labouring population of all classes of their employment, and 1 ,4 dis - % 1% 25 13% thus prostrate the great industrial resources of the country. The accounts daily received from the ma nufacturing districts showed that houses of the greatest respectability and ample resources had bent before the overwhelming pressure of the present crisis, and those who were most experienced in monetary and commercial affairs agreed in thinking that if Govern ment did not immediately come to the relief of the bankers, merchants, and traders, on whose prosperity so much of the welfare of the country depended, the result would be that firms now solvent, and possessing ample means (if their securities were convertible into ready money), would be involved in the common ruin. The deputation concluded by again pressing on the Noble Lord's attention and that of his Right Hon. Colleagues that the memorialists did not require any permanent measure of assistance--all they re quired was a temporary measure of relief to enable theM to meet what they hoped and believed to be a temporary danger. Lord John Russell admitted that the pressure under which the commercial classes laboured at present was very great, and a subject of deep regret. The matter was one which had occupied, and he assured the deputation would occupy, the attention of her Majesty's Government. He regretted, how ever, to say that he could not hold out any hope to the deputation that the Government could interfere in such a way as to allay the public apprehension, restore confidence, and relieve individuals from pressure. The subject, however, should receive from her Majesty's Ministers that attentive con sideration due to the great importance of the interests involved. A Member of the deputation having observed that in the course of a few days they might again take the liberty of waiting upon his Lordship with other sugge.mtions, Lord John Russell said that it would afford him much pleasure to receive the deputation again, when ever they conceived they could aid the object in view; but, at the same time, he assured them that he could not hold out to them any hope. The deputation then presented the memorial, which the Noble Lord assured them should receive the best consideration of which he was able. The gentlemen of the deputation, having thanked Lord John Russell and his right hon. colleagues for the exceethng courteous manner with which they had been receis ed and their representations listened to, withdrew. The Chs.ncellor of the Exchequer took an animated part in the discussion, and the impression left upon the minds of the deputation was, that the Right Hon. Gentleman had not up to that period been thoroughly acquainted with the extent of the alarming pressure that existed. The Right llon. Gentleman admitted the distressing position of mercantile affairs. The interview lasted upwards of an hour and a quarter. (From the Post.) We are enaibled to lay before our readers the fol lowing authentic précis of what passed between the Liverpool deputation and the Government yesterday afternoon, "The Liverpool deputation, consisting of the Mayor, Mr. Alderman Nicol, Mr. Alderman Hors fall, Mr. Charles Turner, Mr. H. C. Chapman, Mr. W. Stuart, Mr. H. Wylie, accompanied by Mr. Card well, M. J?., Mr. W. Patten, M.P., and Mr. W. Brown, M.P., had an interview yesterday with Lord John Russell, the Chancellor of the Exchequer, and Mr. Labouchexe, on the subject of the commercial distress existing- and spreading at Liverpool end throughout Lancashire. "The Mayor ably supported the prayer of the memorial, and assured the Noble Lord it was not at all exaggerated. Mr. Brown and Mr. Wilson Patten, confirmed the Mayor's statement; and Mr. Wilson Patten anno►anced that all the mills at Warrington were now stopped. " The Chak;cellor of the Exchequer inquired what remedies were suggested. " Mr. Brown proposed an issue of Exchequer-bills on security of Consols and produce, and was sup ported by Messrs. Turner and Nicol. " Th• Chancellor of the Exchequer remarked that in London this plan was not thought applicable, and would not meet the evil complained of: Mr. Chapman suggested the precedent of 1825, when the issue of five millions of notes restored con fidence; and proposed Government authorising the Bank to issue five millions, on Government securities and East India stock anti bonds, for a period of six months, at the rate of six per cent. " Lord John Russell remarked it was lawful in 1825 for the Bank to do so, but the case was now altered. " Mr. Horsfall suggested that if Government would only give the deputation the assurance that some relief should be afforded within a week, such declaration, in itself, would tend greatly to restore confidence. " Mr. Stuart forcibly detailed the fearful state the country would be in, unless relief were afforded. " The Chancellor of the Exchequer said the only mode of relief would be by an issue of notes, which would be contrary to law ; and Government did not feel justified in so doing, and declined holding out any hope of such relief, fearing the present evil would be rather increased than diminished, if matters were not allowed to take their course. "The deputation, after a conference of one hour and a half, retired, greatly disappointed at the appa rently firm resolution of Government, and the failure of their mission." It is quite clear that the Ministers are determined to adhere to the cold-blooded philosophy of the politi cal economists, and to take their stand on the prin ciples of Sir Robert Peel's Bank Charter Act. No one can doubt that Lord John Russell and the Chancellor of the Exchequer see that the issue of five • millions of notes by the Bank of England would alle viate the present anguish of the trading community ; but they live in fear and trembling of their tyrant, and dare not offend Peel. The deputation were somewhat mistaken as regards the exact occurrences in 1825 and 1826. On Saturday, the 17th of December, 1825, having then only 1,027,000/. of treasure in its cellars, the Bank of England was rescued from its perils of stop ping payment by the accidental discovery of a huge box of one-pound notes. These, with the approval of Lord Liverpool's Government, it immediately issued as a substitute for sovereigns. Mr. Francis, in his valuable history of the Bank, records that " the delight with which these notes were received in the country proved that the want of a secure small currency alone was felt." Mr. Harman, in his evidence before the Committee of the House of Commons, said, " They (the one pound notes) worked wonders; as far as my judgment goes, they saved the country." Mr. Francis further relates, that "In Nor wich the Messrs. Gurney are said to have stayed the plague by merely placing a thick pile of one-pound notes of the Bank of England on the counter ! In most of the provinces," continues Mr. Francis, " they (the one-pound notes) were received with acclama tion. Within a week from then the peril and the panic had passed away." But a recurrence to so well-tried and efficacious a remedy would be tainted too strongly with the spirit of Protection, and would savour too much of the policy of Pitt and of his disciple, Lord G. Bentinck, to be palatable to a set of Ministerial philosophers " distinguished only for tl , eir knowledge of the science of political eco nomy," and, of course, " caring nothing for the two or three millions of people who may be reduced to beggary by their operation." Lord John Russell and Sir Charles Wood, holding office, as they imagine, only by leave and license of Sir Robert Peel, will rather see the whole trade, manufactures, and commerce of the country smashed, than damage the reputation of their hard taskmaster by invading the sanctity of Sir Robert Peel's Bank Charter Act, and desecrating the ex-Minister's financial wisdom. Liverpool, Oct. 17, 1847. THE CURRENCY. TO THE EDITOR OF Sin,—l love a newspaper that w ill dare to advo cate an opinion before it has become popular—one that will aspire to lead public opinion, rather than seek to follow it. As a regular subscriber for the last year I have found yours to possess these character istics. But my present reason for addressing you is humbly to suggest a few remarks upon your currency article of Saturday evening. I am myself, and have been for some time, an ad vocate for the principles advanced by the National Anti-Gold-law League, the foundation of which I regard as an epoch of the times. You affirm, in a sentence beginning, " They did not, therefore, order A proportionate amount of our manufactures," &c., that an unexpected call for corn, being as "extra ordinary" as it was unexpected, and thus far exceed ing their demand for our manufactures, was the only cause of their not receiving an equivalent quantity of our manufactures in exchange ; and that were it not for the restrictive clauses of the Bank Act, the money would in the natural course of trade be returned to the country without any violent " crisis." This I think is only a partial cause, and a rather superficial view of the case. It is chiefly owing to the fixed price of gold that the Americans and Prussians prefer our untaxed gold to our taxed commodities, prefer taking away the arbitrary low-priced gold, instead of our high-priced manufactures; nor, as you say, will they return it till we have reduced the price of our manufactures below cost-price, and so tempt them to return the life-blood of our trade. With these remarks, I beg to conclude ; and hoping that you will give my arguments an attentive con sideration, I subscribe! myself _ _ TAXATION MONEY, North Shropshire, Oct. 18, 1847. TO THE EDITOR OF THE SUN. SIR S I have read with great pleasure your re marks on the state of the currency, and the necessity of an improvement on the present system. A great many plans have been brought forward for this pur pose, but I have seen none that could remedy the evil. I have a plan to propose which, perhaps, like others, may be impracticable, but, in my opinion, it is safe and easily accomplished. Having been a mercantile man for the greater part of my lite, I feel a deep in terest in this subject, and am a sufferer by the pre sent depression. I shall state in as few words and in as plain a manner as I can what my proposal is, and shall be obliged by your inserting this in your paper. The cause of the present distress is a scarcity of money, the circulating medium has remained sta tionary while the trade of the country has doubled ; the circulating medium ought to increase as wealth increases, and decrease as wealth decreases. To ac complish this the following is my plan :—I will state one case, and you can then suppose it extended over the whole country. Suppose one thousand pro prietors of real property, consisting of lands, houses, mills, &c., meet together and agree to form an asso ciation, suppose that those one thousand individuals agree (under the control of the Government) to give mortgages over their property, to he lodged w ith the Government; the company being then formed, they should,, be allowed to issue notes to the extent of their mortgages, this in my opinion would form a much better security to the public than a metallic base, as gold is at all times liable to be drained from the country, and there can be no doubt that while the public would be accommodated, that the incomes of the holders of property would be doubled. It would be a very easy matter to fill a column of your newspaper with the details of this plan, or even a pamphlet, but the outline is I think sufficient. I am, Sir, yours respectfully, T. C. THE ITALIAN MOVEMENT. (From the Courrier Francais.) With good reason has astonishment been manifested at the long and lethargic sleep of the Italian peninsula. This makes its awakening the more significant. In vain will Austria endeavour to spread over this part of the states the shroud of death and a mournful silence; the people have lifted up their heads and sent forth the cry of distress. Abuses accumulated for centuries are assailed at the same time by all classes of society; all ranks, all orders, all professions unite in the same idea of reform and moral transformation. A government, intelligent, moderate, wise, and friendly to mankind, was the forerunner of a mani festation so unanimous and free from excess. The Cabinet of Vienna does not see this state of things with the same eye that we do; it makes no account of national wishes, but looks upon them as acts of re bellion. Its own particular strength consists in its soldiers and its spy system. Hence a long period must elapse before peace can reign in the north of Italy. The half guarantees which the populations of Tus cany and the neighbouring duchies have obtained, will be withdrawn at the first opportunity. How can it be otherwise ? These small governments are under the guardianship of Austria ; they have but a shadow of independence. The wishes of the populations have been yielded to at present, because it was a necessity; later the lost ground will be regained. The Pontifical thone is too solidly established to seek to upset it., Pius IX. is aimed at, and not the Papacy. This great man has need of all his skill, of all his prudence, and of all his firmness to maintain himself. The old continental despotism gives him incense through fear and not through love, for the wicked never can love the good. With all endeavours to the contrary, mankind in a mass, without distinction of creeds, would arise to defend him if he was attacked. Hence the attempt is avoided. He is the most secure of sovereigns, because he is surrounded by a rampart of homage and affection. Naples resembles its volcanoes—it is in ebullition. The population of this kingdom is too ignorant, too slavish, and too miserable to remain long in this state, It will throw off the yoke, no matter at what cost. especially if it sees its neighbours more happy. There, as in Milan, the soldiery sustains the Government, especially the Swiss, who are the right arm of his Sicilian Majesty. If to-morrow they were to with. draw from him their support, the reigning family would be lost. The law of the sword will not make many partisans to the present king. With the civili zation of our days, tyranny is out of season. We cannot foresee any happiness for the numerous and interesting population of this beautiful country but in a system of agglomeration, which would con sist in giving a fe w a dditi ons o f territory to King Charles Albert, to encourage him in his good inten tions, in reconstituting a great principality, a small independent kingdom, of which Milan would be the seat, which would be restored to the house of Gon zaga to which it rightfully belongs ; in extending the states of the Pope, so that he should have his quarter of Italy; and in leaving the King of the Two Sicilies with a constitution which would be the safeguard of his throne, and of the happiness of his subjects. The Pope receives from all parts of the world marks of high sympathy. We learn that new relations have just been established between his Government and the United States, from the seeking of the latter country ; it is added that similar manifestations have just taken place from the republics of New Granada, of Chili, and Peru, which Pius IX. visited in his youth, and where he has left a venerated name. an, _.atlock. .. 0 17 6 Birmingham and Oxford Junction Po•mlation Enumerated, West Districts... 1841. 301,326 North Districts.. 376,396 Central Districts 374,759 East Districts ... 393,247 South Districts.. 502,483 'otals... ..... 1948,211 Males Females • Average Weekly Deaths, 1842-6. Five Summers. • 137 • 175 173 • 211 • 244 ... 471 ... 482 Males Females BIRTHS IN THE WEEK. ... 620 ... 634 Total ... 1,254 SUSPECTED MURDER.—Yesterday (Monday) after- noon, information having reached the Central-office in Glasgow, that a labourer, named Thomas Keenan, re •Trikj.,,z , . , -- , 4 ,, „.;,. TRINIDAD RAILWAY—THIS DAY. A meeting of the shareholders in this company was held this afternoon, at the London Tavern, for the purpose of receiving a report from the committee of management. Thomson Hankey, jun., Esq., presided. The report which was circulated among the share holders, stated that the committee intimated to the shareholders, at the meeting which was held en the 19th November last, that they would conduce the negotiations in which they were engaged, for the purpose of obtaining such concessions as they con ceived th e y were ent i t l e d to claim on behalf of_the company. In pursuance of that intention, and of the resolution then passed, the committee entered into communication with Earl Grey, the Secretary of State for the Colonies, who promptly gave the subject attentive consideration. After some correspondence and several interviews, during which Earl Grey manifested an earnest desire to promote the company's undertaking, as one of the greatest importance to the Island of Trinidad, and at the same time a jealous care of all the interests of the colony, an outline of an ordinance was sanctioned by his Lordship, and re commended in a dispatch to Lord Harris, Governor of Trinidad ; and was, in due time, submitted by him to the Legislative Council, but they declined to entertain it. Another was substituted in the form of resolutions, which were passed by a majority. Even to these a strennous opposition was made ; and a memorial from a great body of influential inhabitants of the island, disapproving of their adoption, was transmitted to her Majesty's Government. Upon an attentive consider ation of the modified conditions thus offered by the Legislative Council to the company, and of all the circumstances of its actual position, the committee has come to the conclusion that it would be expedient, not only to refuse their assent, but also to recommend the shareholders to abandon the prosecution of the undertaking and to resolve to wind up the affairs of the company. The CHAIRMAN said he would state in as short a manner as possible the object for which the meeting had been called together ; and in doing so he would take the liberty of reminding them what took place at the last meeting. On that occasion the directors were empowered to proceed with the undertaking, in the expectation that they would be able to obtain such a concession from the colony of Trinidad as, in their opinion, would justify them not only to recom mend the proprietors to proceed, but in at once pro ceeding themselves to commence the undertaking. Accordingly several propositions were agreed to and sanctioned by Earl Grey, who transmitted them to the colony. The Legislative Council, however, de clined to entertain them, and they sent back counter ter-propositions, which were so different from those originally suggested, that the directors determined at once to reject them, and proceed no f ur th er with the undertaking. The directors were desirous, however, that the shareholders should understand that this determination had no reference whatever to the state of money affairs in the country at the present time. They had been guided solely by a desire to proceed with the undertaking if they considered it likely to prove profitable to the shareholders, and to abandon it if it would not. The reasons why they considered it not advisable to proceed had been com municated to Earl Grey, and his Lordship had con• curred in that resolution. The directors, therefore, recommended that the money which remained in hand, after allowing sufficient to discharge all lia bilities, should be divided among the shareholders that 20s. per share should be returned at once, and that the directors should undertake to discharge all liabilities with the balance remaining in their pos session. A SHAREHOLDER observed that the actual loss to the company would then be about 12,2001. The CHAIRMAN replied that it would. Mr. INNES suggested that the plans prepared by the company, which were of great value, should b e preserved, in order that they mi g ht b e disposed of when an opportunity occurred, and the proceeds returned to the shareholders. A SHAREHOLDER thought it would be advisable to return IL per share at once, and not dissolve the com pany, but leave it in abeyance. In that case they might receive a more advantageous offer from the colony, and be enabled to make use of the plans. The CHAIRMAN said the diaectors would not take upon themselves thrt responsibility unless they re tained all the money now in their hands. Besides, there was no prospect at present of the colonial legis lature consenting to their terms, and to show the apathy of parties at Trididad he might state that not one landed proprietor held a single share in the company. After some further conversation, resolutions to the following effect were unanimously passed :—" That the company be forthwith. and is hereby declared to be dissolved.--That out of the sum of 685,185/. in the hands of the directors, and 12,0001. in Exche quer-bill, the balance of the receipts and payments, 11. per share be returned to the shareholders, on sur rendering the scrip, and releasing the company of all claims and demands whatsoever.---That the balance remaining after such payments be retained by the committee to defray the expense of winding up the company, and the payment of expenses, and that the plans and the surplus be disposed of in such a way as the committee shall think fit. A vote of thanks was passed to the chairman and directors, and the meeting separated. LONDONDERRY and ENNISKILLEN RAILWAY.—(THIS DAY.) A special genoral meeting of the shareholders of this company t oo k p l ace to -d ay at the company's offices, in Church-passage, Guildhall, for the purpose of receiving the report of the directors, and upon other business connected with the company. Shortly after one o'clock, John G. Frith, Esq., took the chair; and the usual preliminaries having been gone through, The SECRETARY read the report, which was re ceived, adopted, and agreed to ; after which, the fol lowing resolution was proposed and adopted : " That a committe of five shareholders, not in any shape connected with the present management (three to be a quorum) be elected to investigate the affairs of the company, with power to report, as early as conve. nient, to a meeting to be specially summoned for that purpose, on every circumstance connected therewith, both as to its present state, as well as its future pros pects upon the several al egations contained in the letters of Mr. Letham and Mr. Bond, and their expla- nation thereof. To report also whether any and what reduction can be made in the expense of the manage. ment both in London and Londonderry. That this committee be authorised to require from the directors any expense that they may incur in the employment of an accountant, if deemed necessary, in furtherance of the object for NN hid' they have been elected by the shareholders." The following gentlemen were appointed as a com mittee :—Mr. Vanderput, Dr. Conquest, Mr. Lavers, Mr. Bates, and Mr. Fuller. Thanks were then voted to the chairman and direc• tors, and the meeting broke up. SALE OF RAILWAY SHARES BY AUCTION.—(THIS DAY.) There was considerable inquiry for shares at Messrs. Lamond's sale of shares to-day, and a great many sale: were effected. Prices, however, still rule very low. The following are a few of the principal sales : East Indian, Reg Louvain ala Sambre Ambergate, Nottingham, and Boston 0 14 0 Buckinghamshire: 4 9 0 Northern Counties Union 0 6 0 South-Eastern and Dover, No. 4 Eastern Counties. York Extension 37 11 0 6 Royston and Hitchin 1 0 0 North Staffordshire Great Northern .............. 2 6 1 5 0 0 0 Manchester, Buxton, and M MORTALITY in the METROPOLIS. NUMBER OF DEATHS FROM ALL CAUSES REGISTERED IN THE WEEK ENDING SATURDAY, OCT. 16, 1547. Epidemic, Endemic, and Contagious Diseases ... 309 Diseases of Uncertain Seat ... ••• ••• 81 Diseases of the Brain, Nerves, and Senses... ... 112 Diseases of the Lungs, and other Organs of Respiration ••• ••• .•• 224 Diseases of the Heart and Blood-vessels ... .. 24 Diseases of the Stomach, Li ver , an d other Organs of Digcstiou... Diseases of the Kidne3s, &c. ... Childbirth, Diseases of th e Ut erus, & c. Diseases of the Joints, B ones , an d Muscles 21 ••• Diseases of the Skin, & e . or iiitenverance .•.•.• 4 14 6 Old Deaths A ge b , y o v r N i t l t e t n u e r e a , l l D ,r e i c v a a y tio . n .. , Causes not specified DEATHS FROM ALL CAUSES ••• 91 953 Deaths in the Week. 136 163 179 216 259 sid;ng is ITortp , •-street, Gnilow:t:fc, had di-1 very sa:l-.•717 c. r t r 7 - • Oatl. oa , sent to ul,tice wto, after an investigation, deemed it his duty to apprehend Mrs. lieman, on suspicion of being accessory to the death of her husband. There is every reason to be lieve that the unfortunate, man has been poisoned ; but as no medical examination as yet has taken place, it would be premature to state anything which may rest on mere surmis e . Th e deceascli abiut 40 years of age ; and en the day of his death had been in his usual health. MARKET INTELLIGENCE. (From the London New Price Current of Oct. 19.) Lienea is much required, and owing to the small supply, buyers are compelled to pay stiffer rates. Although the rates asked for Pimento are high, still all kinds has been sought after, and the parcels disposed of privately were at stiff rates ; whilst the quantity on offer is small. Black Pepper is offered rather under previous prices, and all kinds have been bought with caution privately. Mace is held for the former value, viz. 2s 8d to 3s 4d, and fine 3s 6d to 4s. Nutmegs cannot be had upon lower terms, still the home and off; export de mand has fallen o, and privately only a limited business has been concluded ; whilst 13 cases 6 casks at auction were only in part disposed of. Cloves are wanted, but at moderate prices. For Cinnamon the orders concluded have been to a limit e d extent on l y. F or Ginger prices remain much the same as those previously current. TURPENTINE.—Rough is held for lls to lls 6d, but the purchases made have been of little moment, and there is but a small quantity on offer. Spirits have been ope rated in with caution, and there are sellers of English drawn at 44s to 455, and fine American at 45s to 45s 6d per cwt, casks included. Of Tar the arrivals are upon a larger scale, still the rates asked are high. OILS.—For Cocoa Nut Oil the demand has fallen off, and the supply being larger a decline in the value has taken place. Although Linseed Oil is offered upon further reduced terms, still the home trade operated with caution on the spot, whilst the shipping orders have been trifling. For forward delivery there are few buyers. Prices are still very remunerating, and the consump tion continues to be large. Rapeseed Oil is not much required. The amount of business transacted in Olive has been to a limited extent only by exporters as well as the home trade. Palm is offered on reduced terms, still the home and export demand has been limited. For Fish Oils prices continue to recede, and further parcels have arrived, whilst large arrivals are near at hand. Seal met with little attention privately. At auction 109 tuns were only in part sold. Cod met with a dull sale. Southern of all kinds has been operated in with caution by private treaty. Sperm met with little attention privately, and prices tend downward, whilst there is a fair supply. Lard Oil sells steadily; but ground Nut Oil is dull of sale. TALLOW. —O n the spot the purchases made have b. en to a limited extent only by both the town and country trade, although fine new P. Y. Candle can be obtained at 45s per cwt. At auction 142 casks of old were sold. For forward delivery the operations have been to a baited extent only, notwithstanding 44s to 44s ed have been accepted for first sort Yellow Candle. Home made sells slowly. Other kinds met with little attention, and can be obtained upon lower terms. DANGEROUS COLLISION OF THE VANGUARD AND MINERVA STEAMERS. (BY A PASSENGER ON BOARD THE VANGUARD) The Vanguard left Greenock about half-past fbur on Friday afternoon, having on board about 20 cabin passengers. The weather was exceedingly calm and clear. When off Corsewall Point, about 11 o'clock, the passengers being mostly in bed, a frightful crash was heard, and the writer, on reaching the deck, found that the vessel had come in collison with the steamer Alinerva, from Dublin to Glasgow. The scene at this time was terrific. The captain and crew, not being aware of the extent of the danger, could not allay the fears of the passengers, who were rushing half. dressed on deck ; and a portion of both crew and passengers were clinging with eager grasp to the boats. In a short time, however, the fears of the passengers were some what calmed, by the assurance of the captain that, although at the time of the collision they were placed in a very perilous position, yet, from an inspection made of the damage, he was quite satisfied that there was no danger, but that he, nevertheless, considered it prudent to put back to Greenock. I would not take it upon myself to say who, in this case, was to blame. No doubt this will be made the subject of judicial investigation. It must not be forgotten that you had, very recently, to report a somewhat similar accident, when a smack was cut in pieces by the Vanguard, and a young man lost his life. Certainly such accidents seem to demand mi nute investigation as to the efficiency of the crews of our channel steamers, so that the lives of so many human beings may not be so often put in jeopardy. (raom OUR GREENOCK CORRESPONDENT) On Friday night, between eleven and twelve o'clock, off Corse wall, as we are informed, the Van guard, on her trip from the Clyde to Dublin, and the Minerva, from Dublin to the Clyde, came into col lision, when both vessels, it is said, were going almost at full speed. The Vanguard was dreadfully shat tered in the starboard bows, the iron plates of the hull and the timber work of the gunwale being stove in as if they had been sheets of pasteboard, and great part of the fore deck being carried away. The Minerva, which ran into the Vanguard, has got her stem com pletely demolished. The Vanguard, of course, put back to Greenock, and she and the Minerva are lying at the steam-boat quay, both in a very pitiable plight. We have not been able to ascertain the cause of this unfortunate occurrence, as those connected with the steamers seem unwilling to say anything about it. We hear it reported that the Vanguard had no lights exhibited at the time, and it is said by others that the Minerva was six points away from her proper course. There were, providentially, no lives lost, nor have we heard of any one being injured, although some of the Vanguard's forecastle berths were driven in.—North British Mail of Monday. ----- TONIIRIDGE.--FIRE.—On Tuesday evening last a fire broke out in a large lodge, standing close to the railway, and near to Brook-street. It was lined with straw, and had a thatched roof ; it was at the time of the fire peopled by hoppers, who were asleep. One of them was awoke by the smoke, when he discovered the place to be on fire; he immediately gave an alarm to the rest, when they rushed out, leaving a girl about four years old in the lodge. It was soon found to be impos sible to save her lite, as the place was but one mass of flames. Atter an hour had expired the child was got out from the burning hear, but of course quite dead.—South- Ea. , tern Gazette. PRINCELY PRESENT.—Sir Bellingham Graham, the Vice-Commodore of the Royal Yacht Squadron, has presented one of his yachts—the Medina—to his late sailing master, on his quitting his service. The Medina, 44 tons, is n ell found and fully equipped for sea, and cannot have cost Sir Bellingham much less than a thou sand pounds within the last eighteen months. His other yacht,Thet., and the s bowsiitihe Mr. F j i c o p f h l3: ,ii t i o te n , s s , 3 is cr b c e l; in s g he le i n s g to th b e e ne r d ea b d y; the for a e the l43 A t l o e n d s i , te s r i r r a n H e nd de January. er3 ar Ariel schooner, of 118, Almon Hill, Esq., ar e both fitting at Cowes, lOr the same clestination.—F rom our Cowes voyagehoon er , up of Correspondent. FORCE Or• THE SEA DURING THURSDAY'S GALE. —The force of the waves at the Bell Rock during the late gale from the south-east, as indicated by the marine (13 namometer (records of which are daily registered), IV QS 2,874 lbs., (x upwards of one-fourth of a ton per superficial foot, being the greatest result obtained since October, 1844, when a nearly similar force was indicated. Caledonian Met cury. DEPARTURE OF TIIE CALEDONIA.—Advices from Liverpool state that the Royal Mail steam-ship Caledonia, Captain Lott, sailed yesterday afternoon fur Halifax and Boston,. with the usual mails and a full complement of passengers. Tili Hor DUTY.—We have much pleasure in an nouncing that the result of the application to the Chan cellor of the Exchequer, for a postponement of the payment of the November hop duty, has been successful. The deputation, consisting of Sir E. Feltner, M. 1 3, Sir E. Doting, Bart., Sir Brook Budges, Bart ine Mr Hodges, M.P., Mr. Plumptre, M.P., Mr. Nortcai li:latch eecCt h o a r ne t e h ll e o i r r ovnisTit:uur Thursday, who, hear ingufter promised his attentive bull, Mr. Elvy, Mr. J. Neam e , an d Mr. C. Neame, consideration of the subject. W e t wai waited e on otbhj Ire informed, though we have no official authority for the announcement, that the Minister has consented to a postponement of the November duty for one month, a concession which, it is considered, will be of v( i g reat value to th e pl anters generally. — Maidstone Journal, Donizetti has arrived at Bergamo, his native place, where it i s h oped the air will b e beneficial to him. He was accompanied in his journey from Brussels by his nephew Andie. Mdme. Eugenie Garcia has obtained a new triumph at Trieste, in the F ()sears • ; she is engaged at Turin for the Carnival season. DISTRESS IN PRESTON.—The poor's rate for the half year which expired on the 30th Sept. was one shil ling in the pound for the township of "Preston. There was a balance of upwards of 2,0001. in hand at the com mencement of the half - year, from the previous rate; but, with this balance the rate has been unequal to the de mands upon it, and tne overseers are now about 2,000/. in debt. The tax to be laid for the current half year will, we understand, be at the least two shillings in the pound. The number of cases now on the books of this township is 1,400; the number of persons receiving re lief being probably about 5 000. This is in addition to the number of paupers in the workhouse; so that at the present time not less than one-tenth of the population of Preston are receiving parochial relief. Twelve months ago the number of cases on the relief list was 343; the number of persons participating in it, 849. SUICIDE BY A FEMALE.—Yesterday Mr. Baker held an inquest at the Regina's Arias, Bury-street, St. George's-in-the-East, on view of the body of a female unknown. Yesterday morning the deceased was ob served to throw herself over the railings of Old Grarel lane- bridge of the London dock, and she was recrwiTed shortly afterwards, quite dead. She was very v 2spec .. tably dressed, and appeated to he anent twenty t; -. T e years of age. She was about live feet three inch es he , ght and was attired in a . black Orleans gown apron, and a stra w b onnet, wilvi v. a f hi :, itc merino 0%.1 on the bridge. A Ivereign and 22 were to Mid bar person, and a silver knif-, with the ieiti aJs E. T. U." engraved upon it. Verdict, "Found drowned: 11LA.RKET NEWS.-(THIS DAY.) 37 1/ Ls l ,i 6 % 53 1 26 1 / 2 COI tN EXCHANGE—WEDNESDAY. o n • the whole a fair average supply of English Wheat has an •ived for our market this week coastwise, as well as 'by iatud carriage and sample. To-day the quantity on o ff er was more than adequate to meet the wants of that buyers..., whose attendance was small ; hence the demaiad watt, in a sluggish state, at barely Monday's depressed cu:rencies. The imports of Foreign Wheat have b een triflng, but a large portion of the late extensive arrivr is were pressed for sale. All kinds were a very dull inquiry, and prices had a downward tendency. The finest malting Barley was in fair request at full prig es. Grinding and distilling sorts were very dull. In Malt only a limited amount of business was doing, at late rates. All other articles of Grain, as well as Flour an d Meal, moved off slowly at unaltered quotations. ARKITALS. h• . • • . . Irish. . • • • • • • " Fore4ra ••• • •• Wheat. 2,140 qrs. 640 1,690 Barley. 330 qrs. Oats. I Flow. 640 qrs. 1 870 ski. 300 I and 1,32) 1,460 Irla. Malt. 510 fag. WHITECECAPEL. :The den.'%nd for each kind of Meat was tolerably - ste I dy, a nd prices were mostly supported Beef, from 2s 6d land 3 8d; Mutton, 3s 4d to 4s 8d; Veal, 3s 6d to 4s 6d ; Poxk, 4s to 5s 2d per Sibs by the carcase. I S 1 )LAIC PIIENOMENA.—At present two very large grou t )s of solar spots are visible at the centre of tbeßll l ll disc, THE MONEY PRESSURE. __- THE BANKS AND THEIR DEPOSITORS. :From the Second Edition of the Liverpool Standard of yesterday.) Standard Office, Half-past Two, P.M. We have no new disasters to record as having taken place this day, if we except the fact that the Liverpool Banking Company have solicited from their depositors their forbearance for a few days, until the severity of the present pressure is overcome. We are not, however, aware of any parties being refused payment when insisted upon. The feeling amongst merchants and other classes continues in a very feverish state, and rumour is busy with her hundred tongues. Nothing definite has yet been arranged with respect to the relief of the Royal Bank, whose stoppage we announced this morning, from its pre sent state of inactivity. Expectations, however, are still entertained that some assistance will be rendered to it, btit on what terms, or in what shape, has not transpired. We learn that very great exaggerations are abroad with respect to the position of this concern. A local Contemporary, after referring to a rumour that one house has been accommodated to the extent of 400,0001., and that two other houses have had between them an amount which m a kes up in all nearly a million of the capital of the bank, states, that whilst giving such great facilities to these three houses, "no extreme liberality h as character i se d it s procee d ings among men in ordi nary b usiness. " W e a re assur e d, on good a u th or i ty, in the first place, that the ac counts of the p ar ti es referred to are greatly overstate d , and it must b e b orne in mind, that although t h e true amount appears excessive, it is based upon the best security. With respect to the charge o f neg l ecting men of ordi nary b usiness, we are authorised to state that the R oya l B ank has been ever ready to assist , as far as a p p li e d to, the whole mercantile community ; and in m any i nstances it has even extended its assistance to the constituents of some other banking houses. t o farm e rr their was not We regr e t t o observe symptoms of a movement taking pla ce w hi ch, if persevered in, must still fur ther increa se the difficulties w hich surround commer cial men. W e refer to the demands which are being made upon c er t a i n banks by depositors, who have taken alarm f or t h e safety of their deposits. It most important th at this feeling should be allayed ; and we would e arnestly impress upon our readers and the well-info rme d portion of the public, to do every thing in their po wer to allay the apprehensions of the few timid people w h o are making such mischief. These parties sh ou ld be reminded that the banking interest of the co un t ry is now in a very different position to that whi c h i t occupied in the disastrous crises of 1816 and 1825 , i n the latter of which years t are banks 5 failed,s. and th e average d i v i dend pa i d did in the pound. The majority of our banks conducted on th e j oint-stock principle, seventy nonow exceed liable in case of the bank not meeting its engage ments. It t is t a fact every proprietor is g o f a in st the recollection o Ic ht the whole to prop be er set ty 8 of private b an k s , issu ing not been as yet J, iii paid in full, with int erest. Moreover, in instanceo fow l osses aiz i7loo it ) s y , s thati t o h c e i fai lure fth oe ir lei n Which every depo s the few cases of suspension, the depositors have been paid first. With respect to the present position of the bank , of Liverpool, we are certain that th e d epositors need be under no apprehension. It is well k nown that our three private banks are full of money, h av i ng prepared themselves beforehand for the possibili ty of a contin gencyreaalso fors months l i k e t h p present. past s tbeen restricting their operations, and providing themselves with cash to meet any sud den demand upon them. We have authenticated in formation of one, which, if necessary is prepar e d to, pay back the whole of.its depositors' money to-day; and we have little doubt that others are, if not alto gether, at least nearly as w ell s ituated. There can be no doubt of Ow fact, th a t t h e restric tive efforts which the banks have had to make t o place themselves in this position have seriously in creased the pressure on the public and the embarrass ment of our commerce. Each establishment has been placed under the necessity of keeping a large mass of capital locked up and idle, instead of its being circu lated in the ordinary channels of business. Only let those for the payment cif whose claims this hoarding system has had to be practised—the depositors, throw away their absurd fears , and manifest m ore confi dence, and the motry, at present withdrawn from trade, will be brought out, and the commercial ener gies of the country receive new life, and assume their usual healthy action. Alboni has left Paris for Pesth, in Hungary ; she will return to Paris in February next, as she is en gaged for a month at the Opera. COURT CIRCULAR. WINDSOR, TUESDAY.—The Queen and Prince Albert took their accustomed early morning walk. The Prince of Wales, Prince Alfred, the Princess Roya', and the Princess Alice, took walking and pony exercise this forenoon in the grounds surrounding the Castle. His Royal Highness Prince Albert, accompanied by his Royal Highness the Duke of Cambridge and tie Duke of Wellington, enjoyed the sport of shooting this morning. Colonel the Hon. C. B. Phipps was in attendance. Her Majesty rode out this forenoon, in a pony car riage, attended by the Duchess of Sutherland. Her Royal Highness the Duchess of Gloucester left the Castle to-day, attended by Lady Caroline Murray. His Royal Highness the Duke of Cambridge lunched with her Majesty and Prince Albert, and afterwards took leave of her Majesty and her Royal consort, proceeding from the Castle, attended by Major Stephens, to the Slough station, and travelling to town by the Great Western Railway. The Right Hon. Sir Frederick Pollock and General Sir George Pollock are expected to arrive at the Cistle this evening, on a visit to her Majesty. The royal dinner party at the Castle this evening is expected to include her Royal Highness the Duchess of Kent, Duchess of Sutherland, his Excellency the Chevalier Bunsen, the Duke of Wellington, his Serene Highness Prince Lowenstein, Lady Anna Maria Dawson, Baroness de Speth, Miss L. Dawson Darner, the Right Honourable Sir Frederick Pollock, Gen. Sir George Pollock, and the Dean of Windsor. The Band of the Royal Horse Guards attend during dinner. Her Majesty's private Band will afterwards attend in the Castle. His Royal Highness the Duke of Cambrid ge , at tended by Major Stephens, arrived at Cambridge house yesterday afternoon , from Windsor Castle. The Lords of the Committee on Education, of her Majesty's Most Honourable Privy Council, held a meeting yesterday at the Council-office, which was attended by the Lord President, Lord John Russell, the Earl of Auckland, the Chancellor of the Exche quer, the Viscount Morpeth, the Right Hon. Sir George Grey, an d t h e Right Hon. T. B. Macaulay. Mr. Kay Sh u ttl eworth was in attendance A deputation from Liverpool, headed by the Mayor of Liverpool, and including Mr. William Brown, Mr. Cardwell, and Mr. Wilson Patten, bad an interview with Lord John Russell, yesterday, at his official re sidence in Downing -street. I I