The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1855-07-31 00:00:00

LATEST BY ZELEGRAPII.

Navr YORE, July 17, Six p,tn.— Cotton dull and heavy.
Floor easier, sales 7,200 Ws.. Wheat easier. Corn steady,
but closes heavy, sales 05,000 bushels. Lard: better. Iron,
150 tons Scotch., 30c. to 31c., six months.
SA-venNA.IJE-IX 13.—Cotton : stock 6,.-980 bales Uplands,
4,20.5. 1., against 3,350 and, 1,422 last year. Week's sales
limited to 311 bales, at extremes of 10c. to,lolc, ; dull and un-
settled. Accounts from the growing cropmery favourable, and,
should no unfavourable weather occur,. we ,may expect a very
large crop za this' state. Freighes : To. Liverpool, 5-16 d., little
offering.

NEw OitLEANS, JULY 18,—Cotton declined: middling 10c.
to 101 c. Sales to-day I,CW bales. Western yellow corn 85c.
HAVAi;LA., JULY 10.—During the past month the sugar
market has been very active under daily rising prices, owing
to the lively demand for all parts of Europe and the small
stock 031 hand. Thus a large business..has been done at gene-
rally rs. advance over last quotations. The present exorbi,
tant pretensions of holders, however, have caused some inac—
tion, and the transactions .are somewhat limited ; yet as plan-
teraand speculators-. are firm, in, view of the very reduced
stooks, which may be, computed at about 170,000 boxes, and
but; trilling lots to come forward, from the estates, there is. no
doubt but what they will have tobe submitted to.

GRAND TRUNK RAILWAY of CANADA:

A GENERA.I4, MEETING of shareholders in this company was
held on Tuesday at the Landon Tavern, Mr. T. Baring, M.P.,
in the•chair.

The Secretary (Mr. thr-AXMAN) read a report from the Lon-
don board, of directors in respect to the progress of the under-
taking. It stated that £l7 10s. per share and 70 per cent.
on the province and company's bonds, of the A series, have
been called up. The total amount which has been received
on this capital is £2,898,427, of which £464,391 is. in advance
of fixture calls. The arrears
_are £71,247, of which £22,207
are. on the last eall. The amount yet to be received on the A
issue of capital is £083,972. The next call of £2 10s. per
share, and 10 per cent. on each class of bonds, will be due and
payable on the 12th of October next. The certificates for
works in favour of the contractors for which the A capital has
been raised amounted to £2,888,218, including the payment
of interest to this date, which interest forms a deduction
from the payments to the contractors as the works progress.
The sum of £298,500 not originally reckoned upon, but which
was found to be indispensably required for putting the line
from Montreal to Portland into effective working condition,
has likewise been expended. The progress and execution of
all the works have been in the highest degree satisfactory,
and the directors are assured that the sections of the line from
Quebec to St. 'Thomas (40 miles,) and from Montreal to Brock-
ville (125 miles,) will be delivered over to the company for
traffic in the ensuing autumn. The communication between
Brockville and Toronto (a distance of 210 miles) will be com-
pleted in the course of next year. The section from Toronto
to Stratford (82 miles) will be delivered over to the company
by the contractors before the expiration of the present year.
A connexion will thus be effected between Stratford and Mon-
treal, and between Montreal, Portland, and Quebec, a distance
of 841 miles, with the exception only of the link of the Victo-
ria-bridge. The Governor-General of Canada was empowered
by an act passed in the late session of the Canadian parliament
to grant to the" company a further advance of province bonds
to an amount not exceeding £900,000. Under the powers of
this act bonds will be granted to that amount at the same
rate of interest as borne by those already issued, and fbr a
termdirectors
athrreaialgideatihenutss afoffrortdheed,catmhe.
o f 2Oll
have
benefit of all concerned in the undertaking. In the new
and Jackson, provision is first made for payment of the
years.
eabrseen Bablemteoaneffsecotf
balance due to the contractors in respect of works certified
arrangement entered into with Messrs. Peto, Brassey, Betts,
up to the first of May, 1855 ; and, as no part of the
that time, this payment is to be made in B shares and
new province bonds is available for works executed before