The Express.
London, England, 1849-07-05 00:00:00

ROYAL AGRICULTURAL SOCIETY OF

ENGLAND.

The council of the Royal Agricultural Society have
awarded the following pins for essays and reports for the
you 1849:
To C. S. Read, of Kilpaieon' near Pembroke, the prize
of lift, sovereigns for the best report on the fuming of
South Wales._ _ _ _ _ .

To T. Rowlandson, of Greek-street, Liverpool, the prize
of twenty sovereigns, for the beet report on the breeds of
sheep beat suited to different localities, respectively. with
reference to soil, climat*, elevation, and mode of fanning:
To T. Rowlandson, of Greek-street, Liverpool, the pus
et fifteen sovereigns, for the best enay on top dressing of
soil with mineral substances. _ _ .

To W. J. Garnett, of Bleasdale Tower, near Garstang,
the prize of fifty sovereign., for the beet report on the farm-
ing of Lancashire.
To J. Farocombe. of Patriot-place, Brighton, the prize of
fifty sovereigns, for the I est report on the farming of Sussex.
'to T. Bowlandson, of Greek-street, Liverpool, the prize
of twenty pounds, for the best account of the breeding and
menageneent of p4s.
To H. W. Beaty, of Holicham, Norfolk, the prize of fif-
teen sovereigns, for the best report on the management of
barley.
To J. C. Morton, of Whitfield Farm, Glouceptsrshire, the
prize of fifty sovereign., for an mount of the best method of
increasing the evicting supply of aeimal food.
To H. Goddard, architect and surveyor, Lincoln, the prise
of fifty eovereigns, for the beet may on the cnstructien of
latvurers' cottages.
'to I. Y. Mactrioar, of Bsrkwith House, Wragby, the prize
of twenty sovereign., for the second best easy on the con-
struction of labourers' cottages.

Posr-orncg NOTlCS.—Seariff, county Clare, Ire-
land, kaviag been oonstituted a poet town, the post-Ake
there will be opened for the issue and payment of money
orders plastid after the 6th instant.

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WIDNFAIDAY ETINING.
The news from Paris of the suspension of hostilities
at Rome, created no small sensation on the Stock
Exchange, and at the commencement of business con-
tributed to strengthen the confidence of specu'ators
for a rise in the English funds. Consols opened with
symptoms of activity and firmness at 921 to t, and
soon advanced to 92 they then drooped to 921, were
again done at 921, then at 921, and were marked for
the close at 92 to 1, ex dividend, for account. The
Three per Cents. Reduced were not so extensively
dealt in—they commenced at 911, were then
done at 92, and lastly at 911. The Three-
and-a-Quarter per Cents. fluctuated between
the opening price of 921 and closing at 921.
The Bankers' Ifagastne for the present month, in
discussing the suect, " What constitutes a good
banking security? after showing that the strict re-
sources of banks, as such, are, or should be, all payable
on demand, does not hesitate to include railway
shares teith a suitable margin as efficient collateral
security for short loans or advances. With this view
of the question we unhesitatingly coincide; nor can
we see upon what grounds railway shares in the
leading lines should now be objected to for that per-
poee, since there is no concealment of the liabilities,
or of the weekly traffic returns, or of the amount which
will be left available for the dividend; all these
facts arc published, and the actual price of el ery
such shale in the market, as well as its probable
fluctuation in value, are well known to every banker,
and the shares are convertible into money at any
moment. Whcn also the large amount of capital
which is invested in these undertakirge is taken
into consideration, it appears to us important that
there should exist no hesitation on the part of the
bankers generally in accepting them as security,
as much so as any other stock or produce
warrahte which is liable to fluctuate in
value. Oa the other band, the injudicious
length to which some of the joint-stock banks
granted facilities on these terms, without sufficient
data to justify their misplaced confidence, and with-
out aihncing a sufficient margin, cannot be too se-
verely commented on; nor can we believe that in the
present day the same degree of want of caution is
again likely to occur.
After repudiating the idea that bankers should ad-
vance money to a railway company on bonds or de-
bentures for one or more years, and then pointing out
the additional security afforded by clearly stipulating
far repayment on a fixed and not distant day, the
writer concludes b 7 observing :
However needful it is to avoid all securities which involve
a lengthened and uncertain investment, and which are not
conveitible, yet much must be left to the discretion of
bankers, who must, in some degree, be governed by the sees-
ral state of the money market, the nature and extent of their
own liabilities, and the charseter of the persons with wh,lis
they have to deal, in determining the !item terms on which
they are willing to make advances. But if there be one
principle which should never be departed trom, it is, that all
advances, of whatever kind, should be repayable on a fixed
end not very dxtant day.
We are enabled to give the following abstract
from the returns of the Board of Trade, made up to
the sth of June. The first table shows the increased
imparts in the first five months of 1849 over the same
period of 1818, and is compiled from a document pre-
pared in the statistical department of the Board of
Trade, and presented to both houses of parliament on
the 2nd inst. :

1919. 1419. !we've.
Coffee (11g.)
Tea 0b..;
Coma (lbe.)
Sugar —l.:andaid (Mts ) 2,064,8113 ... 2,141,464 .. 76.601
Retlrbed
.87,60;

Molasses 123,116 ... 238,116 ... 101,930
Spirits -Rum (proof galls ) 1,883,914 ... 2,023,120 ... 139,206
Brandy (proof galls 1,085,130 ... 1,577,281 ... 492,131
Geneva (proof galls 164,657 ... 201,041 ... 56,' 85
Bplees--Chinamon (1804- 139,175 ... 211,426 ... 71,251
Cloves (Its.)
Pimento (ewes)
Fruits-Currants (ewts.)
Figs (carts.)
ltaudiss (coves.) 19,452 ... 27,486 ... 9,034
Hides-Untanned (ewta ) 160,800 ~. 228,087 ... 67,787
Tanned, P.c. (lbs.)
Prosisions-Baeon (cwts ) 70,452 ... 230,542 ... 160,110
Beef, salted (cots) 54,235 .., 111,455 ... 57,320
Port, salted (cwts.) 61,125 ... 187,343 ... 123,618
Pork,fres4 (ewta. BBl ... 181
Butter (r0t5.)100,227 ... 110,517 ... 10,299
Eggs (number) ......
Ilams(ewt5.)......
Potatoes (cola.)
Brimstone (rots.) 140,609 ... 323,316 ... 84,707
8= ,cwts) - 63,016
(lover (ewto.) 45,434 ... 95,577 ... 50,141
Tares (qrs.) ....... 9,982 ... 21,199 ... 11,217
Silk-Haw (Ms.) .....
Tbrows (lbs.i
Mk or FiaLtlbboas(ll4) 83,942 ... 116,908 .. 30,926
Velvet Ribbons (lbs.) 1,781 ... 15,353 ... 4,571
Bandanas (pleas)
Dyes-Indigo (ewe.)
bladder (cots.) 23,135 ... 43,706 ... 18,171
Madder Root (cwt ) 49,983 ... 78,795 ... 18,815
Metals:-Oapser (tons) ... 23,499 ... 31,253 ... 9,754
Iron (tow)
Meet (toms)
Lead (togs)
Spalter (tans)
Tin (eirtipi 1,058 ... 4,644 ... 3,582
Q 14641309 . ) ......
Turpentine I(costs)
W001-Oattos (rots)
Alpaca Is Llama (lbs) 214,995 ... 339,872 ... 324,887
Woollen mannlectures-
Not Made up (value L') 120,449 ... 169,859 ... '
Wltolly or partly made op 59,820 ... 33,8211

berms or GILAIN, FLOWN AND Mc►t..
(Pint four months 071647, NA and 1849.)

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Tee official returns published at Adelaide, show
that the immigration to that port in the year 20
1848 employed 213 vessels, or 46,610 tons, and 2,949 so
seamen ; and that the total number of immigrants loom
was 3,134 men, 2,322 women, 2,208 children, of tr
of which 35 ri isoels or 16,286 tone, 1,772 men, 1,683
women. 1,307 children, were from Great Britain, and tot
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the remainder principally from the adjacent colonies, so
and a few from foreign countries. 13
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