The Express.
London, England, 1852-07-22 00:00:00

LOCAL SHARE MARKETS.

Lte Jute 21.—There has been rather more
doing in our stock and share market to-day than for the
previous two days. Still there is very little improvement
in quotations, and the market closes far from its beet. The
following are its transactioas. Birkenhead, Lancashire, and
Cheshire, 81 d.—Ditto (late Chester soul Birkenhead), 20
—Caledonian, 22—Ditto (preference shares), 103—Eastern
Counties, 11—East Lancashire, 203, 3. 3—Great Western,
104— Lancashire and Yorkshire, 841, 1,4, 3, I Ditto
(preference shares, 6 per cent.), 153—London and North
Western, 132, 3—Ditto (new f literal, 321, 3—Ditto (fifth
shares), 61, I, 11.16l>.—Manchester, Shetbeld, and Lin-
coln, 343, 4—Ditto (I shares 1-73 till 18.13), 11—Ditto
(preference shares), 133—Midland, 771, 3,3, B—Ditto (new
preference 41 per cent.), 3 p.—South Eastern and Dover,
221, 1, j, —York and North Midland, 261, 3—Dutch
Rhenish, 2 -16 d.
Laßue, JULY 21.—There has been no material change
in the share market this morning. There has only been a
limited business done, and prices are about the same as yes-
terday. The closing transactions were as follows:—Cale-
donians, 22/. le. 31.—Leeds Northern', 171—East Lance-
shires, 20—North We-trims, 9—Midland stock, 771—North
Western Preference, 14—Manchester, Sheffield, aad Lin-
colnshires, 343.
MANCIIIISTER, Jutir 21.—There was. a good business,
and, though prick, fluctuated during the day,
_they closed
rather higher than on the previous afternoon. Leeds stock,
8.61-BheMelds, 311—Caledonians, 72—Ditto, Preference,
10 Midlands, 783—Dover., 223—Eastern Counties, it—
East Lancashire, 213 Shrewsbury and Chester, 203.
BIII.3IINORAM, JULY 21.—There was • fair amount of
business done in this market to-day. Birmingham and
Stour Valleys were done at 113 ,• Shrewsbury and Bir-
mingham B. 's at 61.135. 94.; aid Preference shares at 113.

CAMERON'S COALDROOK, SWANSEA AND LOU(UOR
RAILWAY.—On Monday, before Master in Chancery Rich-
ards, a numerous meeting in this matter was held, to make
a call twos the shareholders to provide a fund to meet the
costs occasioned by proceedings that had for their object
the including certain parties called seceding share-
holders" in the lest of the contributories. Mr. Roxburgh,
with Moan Gal.worthy, appeared for Mr. Turirauel, the
aerial manager, whose report set forth that 40 persons
holding 16,251 shares had been placed on the list as liable,
and that 69 other persona holding 3,656 were also sought to
be included, but that these latter claimed to be exempted
by reason of the alleged transfer of shares, the validity of
which was the subject of great litigation, and that a con-
eiderable amount of costs had been incurred in cone/-
queen, to meet which arid the cost of further pro-
ceedings, together with the taxed costs of Mr. Wil-
liams, the solicitor to the company, which had been
allowed at 3,806'., a call of 11. per share would be
required, more particularly as there was reason to
helieve that the sale would not be productive as regarded
12,800 shares, of which one holder (Col. Cameron) of 11,970
shares was out of the jurisdiction of the court. Mr. Rol_
burgh contended fur the making of the call to furbish the
official manager with an indemnity fend for past and pro-
spective proceedings. Mr. Selwyn, counsel for opposing
contributories, urged that, as the litigation was one be-
tween two clone, of shareholders, and to some extent a
speculative proceeding, there should not be any formal call
it costa, hut a voluntary contribution. Alter considerable
disenssion, and the hearing of other counsel and solicitors,
for shareholders, the Master decided on making a call of Is
per 'hare, observing that he did not think the proceedings
partook at all of a speculative character, and that they
came properly within the scope of the duties of the official
manager and his advisee. Several claims were subse-
quently proceeded with, the smaller being allowed, and the
larger either adjourned or disallowed.
GREAT NORTIIERN RAILWAY.—Return of traffic
for the week ending July 11,1861 —P n, parcels, car-
riages, hones, dogs, and 6,3661. 6e. 3d ; merchandise
and minerals, 4,0311. 34.7 d.; cattle, 2741. Oa. Bd. Total,
10,6611.95. 6d. Correvondiug week, 1861, 14,1391. 9e. 2d.
LONDON AND SOUTU WESTERN RAILWAY.—
Return of traffic for the week ending July7lB, 1862 :
Pasamigen, 12,0151. 21.; ltd.; good', 2,3201. 4s. 41d.
TefoootrN:lit°,RpollwaTll4:3slydiBa. Tng. 'd7wse l;
cane! for reoraratw;ees\R:e4n,dll3BlnWßA.J_TuNly.:lTlLrejß, I:B6T:42,re4s,hittry:ll.
is exclusive of the - " " ' -
with the

0314800)
ileum e'

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Nee or the receipts available under the agreement
London and North Western Nativity Company.
4MS AND SOUTH WESTSBN RAILWAY. -
of traffic for the week ,
i
• • • • 2.
12. a. 9cl. ; correspondl• ••• 1 11/4 • Bd.
of passengen in 1 • "I, I:i't":.-4'‘ 711
• •IV 74-2 •
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14:1;R WATER AT LONDON ERThOE.
Two Pty.-W.2lft. ICUs Aftwases.
Sa. %Ursa".

LONDON, THURSDAY, JULY 22.

Tim report of Mr. Meettes agricultural gathering
at Tiptree Hall, which appears in another column,
merits the attention of all •ho are interested—and
who is not?—in the future of English agriculture.
tht a small farm of 170 acres, the soil of which was
originally poor, cold, and wet, Mr. Macro has dis-
played the power of drainage, high manuring, and
elaborate cultivation, to produce a degree of fertility
scarcely surpassed and rarely equalled, even on our
moat naturally fertile soils. And he has done more
—he has shown to what an extent the ordinarily
rude processes of husbandry may be aided and im-
proved by the combination of a most artificial sys-
tem of stock feeding with mechanical appliances and
steam power, and has done this upon an area so compa-
ratively limited that the occupiers of farms of equal sus
are usually found to be little working farmers whose
industry and frugality are great and laudable, but
whose capital and skill are by no means large. Nor
is that all ; for by his adaptation of machinery and
artificial irrigation to the cultivation of com-
mon farm crops, he has done more to afford
industrial education and advance the intelligence
of the agricultural labourers than anything which
has hitherto been done in his neighbOurhood. He
has earned the proverbial title to public gratitude—
not merely by making one grails acorn grow where
one grew before, but by advancing the produce of a
naturally infertile tract of land some twenty or thirty
fold. The gathering of notable and intelligent per-
sans who yesterday examined Mr. Maori's farm is a
just tribute paid by the public to his merits.
It will be said are not the Essex harmers especially
thankful to Mr. teem for demonstrating before
their own eyes the capacity even their worst soils
have for improvement? Never was there a greater
mistake than such a question implies. Incredulity, '
abuse, and ridicule have been successively levelled at
Mr. MECHI during the progress of his improvements,
r.ot only by the farmers of Essex, but by others en-
gaged in the cultivation of land in different parts of
the country • and notwithstanding an equanimity of
temper and good humour by no means common, Mr. '
Merin was drives from the London Farmers' Club
ty coarse personalities on the part of many of the
farmers and land agents who frequent that asso-
ciation.
For a more detailed account of the improvements 1
effected on Tiptree Hall Farm we must refer to our
report, but we may state shortly the outline of Mr.
Mc( lit's system. His land has been well drained
and subsoiled or otherwise cultivated to greater than
ordinary depths ; trees and fences have been entirely
cleared away, so that there is no waste of ground
and nothing to impede the free access of sun and air
to the soil ; all his stock—with the exception of
sheep during summer which are folded on the land,
—his innumerable pigs and numerous cattle, are
constantly kept in sheds, the floors of which ore
boarded, with spaces for manure to fall into spaces
underneath ; and from each shed pipes are laid to
communicate with an immense liquid manure
tank. All the manure is from time to time
washed into the tank by means of flushiogs
of water direeted by a hose, and breed by the pres-
sure of the steam engine. All the straw grown on
the farm is cut up into chaff for food, and is steamed
for the purpose. A large reservoir, or small lake, '
formed to receive the drainage of the land, affords
the means of diluting the strong manure in the tank,
which would otherwise be too powerful for vegetable
life ; and finally, this liquid manure is carried,
through iron pipes laid down all over the farm, to
such of the fields as may require to undergo the ma-
nuring process.
Here it is obviops we have an example of the
highest and most artificial system of farm manage-
ment yet attempted in this country. How is it, then,
that we find many,—probably the majority of
farmers and landowners,—arerse to such a sys-
tem? Why are they so desirous,—as not a
few have shown themselves,—to prove that
cultivation of land on such a plan is imprac-
ticable, or, if not impracticable, utterly unpro-
fitable? Whence is it that all go a-head trareovare
in husbandry, are sere to theme obnoxious to the
prejudices of those whose_ peat ear whose livelihood
depends ones the preduelnemess of the soil? There
are several mess spending in this direction. First,
we Clod the yet lingering look after protection, to the
recovery of which a general knowledge of the capa-
city of the soil he impsovement is felt to be fatal ;
they there is the ithsont disposition of persons m-
inded with bad to eland upon ancient ways, to
adhere le mud= to do as their he—
arfath their are done before them ;
~ the Omegas that have taken and are
piles is a& bodies. Then the comparative
in which-the theater lives, and the absolute
lentiel he rums seer his farm servants, beget a
sort of conceit, as indenaded notion, that his own
petition are the lest peesible.
But at the baba& el this aversion to large implore-
ments—ireprevemente which necessitate a re-.del-
ling of the mid system—lies the same fear of sow
petition white mode the landed interests ding so
pertinaciously to the oorn-laws, until, so to spelt.
they won oohed oIL It is a feeling akin to dist.
whisk pun op stimulated the frarso-breakers of
the zonsastatiag disk's% end whisk owe recently
infused* posnuttry todsstroy tkeAing smashiess.
The mil Mal arum, the tenant with thenthelent
cepl.al, ar the *stampede(
_lanord— ptheps
!mortgaged to the hilt aid eddisisd he -
ing—fears and bass the bulsoassarndliZigiurvisnd-
owners who apply seennersiel=len end thendsat
resources to the And then me
are not allegelburiasset downing—we can't
all it vrisdsm—in their lansnition ' • for it I the
home cultivatioa of itogrowing firm's; not the
competition of fersign nen wers. whkii will
acs ethwth reader kris sa gropreitable and the
amend cominitipef kind sere miaow than here-
tofore.
?hot English brisseary is steadily. tig is
as admitted that) also this isPrOrteleliro kinds
—tee ens ononistiog at W more than increased
;grim Is. plefornsams of rural °mafioso
Meg Ohs eery involving in additioo the
of sew prods" and the extensive nee of
sod stem powers. Of the former, the
= body eitisirhrarsandogebetnteurm, numberless
examplesclean ii
mere completely, they apply more manure,
imp more stock and better stock than their
fathers did, or than they did themselves a few years
ago. So they employ more and superior implements '
—even the travelling steam-threshing machine is no 1
infrequent visitor to most farmyards—thus doing
their work with greater despatch, economy, and
effectiveness. Beyond this point fanners will find it
impossible to go, without more of co-operation and
outlay in permanent improvements on the part of
their landlords than has yet taken place. '
Examples of the latter kind of progress in hue- 1
bandry, to which we have referred, are to be found in
the plans so successfully_ put in practice by Mr. 1
Incur in Essex, Mr. HU ITABLE in Dorset/him, I
Mr. POSZT in Berkshire, Mr. MORTON in Glou-
cestershire, Lord HATIIRRTON in Staffordshire,
and many others who might be named. In all
then and similar instance*, considerable prelimi-
nary outlay in permanent works has been a necessary
preliminary to the improved farming. New and
commodious buildings for stock, and for steam-
driven machinery have been erected; fames and
timber have been swept away, roads made, brooks
deepened, and straightened, and thorough drainage,
are amongst the preparations which have been made
for high farming ; and, where liquid mourns is
used, the building tanks and laying down a series of
pipes for artificial irrigation, are amongst the pre-
paratory expenses. So again, in making the irrigated
meadows, by which Mr. Pt:SLT in Berkshire, and the
Duke of YORTLAND, in Nottinghamshire, have
so proddeoully increased the resources of their
• farms, the cost was nth as only ow nets
of the land could prudently undertake. But
when these preliminary outlays have been made, when
that splendid inetrusent of production, an improved