The Express.
London, England, 1847-10-28 00:00:00

THE EXPRESS, THURSDAY EVENING, OCTOBER 28, 1847.

POLICE.-YESTERDAY.

GUILDHALL.—ROIII3IIRY BY A SHIITANT.—D. Evans,
a carman in the employment of Messrs. Crofton and Rippori,
snuff and tobacco manufacturers, was re-examined, charged
with stealing a quantity of tobacco the property of his em-
ployers. The prisoner was watched when delivering some
puce* and was seen to take something out of three or four
of then, after which he left a parcel containing tobacco at a
Chan ller's shop in Great Warner-street, Clerkenwell, which,
n being opened, was found to contain various sorts of that
oracle. The case was remanded from the previous day to
enable prosecutor to ascertain whether any of the goods sent
by the prisoner were deficient is weight. —Mr. ltippon said
that all but one of the customers had emptied their bags
without weighing, never suspecting but they were all right.
It was to be regretted that they, had done so, as there was
no doubt that the prisoner had been in the constant habit of
abstracting the tobacco.—Mr. J. Michalski, tokacconist, of
Ryder's-court, Leicester-square, stated that in consequence
of Mr. Rippon calling on him he weighed the parcels sent to
him, and discovered nine ounces of common shag tobacco
short in one bag, and two ounces of bird's•cye in another.—
The prisoner declared that he delivered the parcels as he re-
ceived them.—fle was committed for trial. _

BOW-STREET.-WANTING TO SEE THE CHANCELLOR.
—J. Quail, described as a surgeon,nsiding at 6'4, Howland-
street, Fitzroy-square, was charged with annoying the su-
thorities at the office of the Chancellor of the Exchequer.—
J. Winter, a messenger employed at the Chancellor's office,
stated that the prisoner had been repeatedly at the office, re.
maining three or four hours at a time, annoying gentlemen
going in, his object being to obtain an interview. He called
yesterday, and being told he could not see the Chancellor,he
insisted on remaining. He said he had not been treated
fairly by the government in refusing to settle his business.
Mr. Trevelyan happened to pass at the moment, and he
requested that gentleman to forward his name to the Chan-
cellor, which he refused. The prisoner said be would enter
the office by force, which he was preparing to do, when
Mr. Trevelyan prevented him. As he refused to leave, he
was given into custody. Instructions had been given several
times not to admit him, and he had repeatedly received
answers to his applications.—J. Rake, 101 A, proved that
he knew the prisoner as being constantly M the habit
of calling at the different government offices during
the hat four years. He had also been at the resi-
dence of Sir Robert Peel. Witness was repeatedly
ordered by Lord John Russell's secretaries to remove
him, and, in consequence of complaints made to the
police commissioners, he received directions to watch his
movements.—ln answer to the charge, the prisoner said that
when he made an application at this court he was told that
be should act in a legal manner to obtain his claims if he
had any, and, acting under such directions, he called upon
the Chancellor of the Exchequer, there being 6001, due to
him from the Royal Bounty fund, none of which had been
paid to him during the last ten years. He considered it dis-
honest on the part of the constituted authorities that his
claim was not settled, particularly as it bad been admitted
by two former Chancellors of the Exchequer; and he felt
aggrieved that his application on a recent occasion had
not been answered, although it was written in the
most respectful terms, which was more than human
patience could endure. A correspondence had been
held with the authorities by his agent, in which be ex-
plained that he was compelled to raise funds by mortgage
on his property for his support, informing them of the great
distress he was at present reduced to, and impressing upon
them the necessity of adopting prompt means, but the
answer was, that he had no claims whatever upon the go-
vernment.—Mr. Jardine said he could afford hint no assist-
ance, even if his claims were just, but as he had acted wrong
in using violent language, after getting a distinct refusal,
instead of seeking a legal remedy, without going to the offi-
cers of state and interrupting them in their public 'maintop,
he could not allow a repetition of such conduct without call-
ing upon him for some security.—The prisoner said he would
bring actions against the ministers for acting in such a revo-
lutionary manner towards him.—Mr. Jardine ordered kim
to enter bail himself in 1001., and two sureties is 601. each,
to be of good behaviour for three months.
WORSHIP-STREET.—Savaos ANSACLT.— W. Maze
was charged with having assaulted Julia Hose, aged 14, the
daughter of a fruiterer at Cambridge-heath.—The girl, who
was supported into the witness-box, stated that she was
watching a stand in front of her father's shop on the prc-
*ding &amain when the prisoner began helping himself
to the fruit, and on requesting him either to return or to
pay for what he had taken, he struck her a violent
blow upon the temple, which knocked her down in the
road. Before she had time to rise he renewed the attack,
and kicked her repeatedly till she became insensible. He
attempted to escape, but was secured by her father, who

gas. him into custody. She had since been in a state of
acute suffering from the effects of his brutality, and was then
under medial treatment—Mr. 8. Byte., surgeon, proved
that be found the complainant in strong convulsions, and
sufferieg from such a severe internal injury in the aide that
he was apprehensive an attack of pleurisy would follow.
Several menthe would elapse before she could receiver from the
effects of the ill-usage.—Police-constable Francis said, that
the prisoner was connected with a gent{ of young thieves
who infested the neighbourhood, and whose daring and pre-
datory propensities were a tenor to the district —Mr. Ham-
I mill ordered the prisoner to pay a penalty of 61., or be com-
mitted for two months to the House of Correction.
MA RYLEBONE.—EXTENFIVE ROBBERY HT A SHOP-
romAN.—B. tismoruls, the father of Ann Simonds, charged
the previous day with stealing property to the amount of
2,0001. or 3,000!., a man upwards of 60 years of age, was
charged as a receiver of a large portion of the plunder. He
was brought up from Markel llarborongh by fospector Tid-
man, of the D division. His residence was at a village called
Guwley, near the place first mentioned, and, from informa-
tion received by Mr. Marshall, he and the inspector pro-
ceeded to prisoner's dwelling. On being made acquainted
with their business, the prisoner, after some hesitation and
denial of guilt, delivered up a large hair trunk and a wooden
box, which were found to contain an immense amount of
silks, satins, &c., which were identified by Mr. Marshall as
belonging to him and his partner.—The prisoner' acting
upon the suggestion of his legal adviser, reserved his defence,
and was remanded till Tuesday, on which day Mr. Hick-
man has been bailed to appear.
LAMBETH.—INTISSIFERENCE WITH THIS POLICI.—
Mr. P. J. Maitland was charged with interfering with and
assaulting two police-constables.—Police-constable Day, 156
P, deposed that on the night before, while proceeding from
the Camberwell station-house with a party of constables,
they were followed by the prisoner, who abused them,
called them an awkward squad and thieves, shoved against
and nearly knocked them all down, and ultimately knocked
the witnes's and another constable's heads together. Day
took him into custody, and on his way to the station-house
the prisoner made use of the most blasphemous language.—
Police-constable 175 P corroborated the testimony of the
last witness.—The prisoner said that plate and other rob-
beries took place in the noonday, owing to the negligence of
the force, and that if it was his worship's iutention to fine
him ss. for being drunk, he was prepared to pay it..—Mr. El-
liott observed that there could be no doubt as to the violence
and impropriety of the prisoner's conduct; and instead of 5e.,
be should fine him 50e., or in default 14 days imprisonment.
ESTIMATING RECOGNISANCEB.-Bergeant Aylesbury, 15
L, informed Mr. Elliott that on the night before, a gentle-
man was charged with being drunk and incapable of taking
care of himself. After he had got sufficiently sober to be let
at large, be was bailed out to appear there that morning, but
did not make his appearance. Mr. Miller, a tailor, in Ken-
nington-lane, said he bad become bail for Mr. Thodey's ap-
pearance at this court, but he did not think he would keep
his promise.—Mr. Elliott remarked, that this being the case,
his only course was to estreat the recognisances entered into
for Mr. Thodey's appearance.—Mr. Miller said he was not a
very rich man, and the payment of 40e. would be an incon-
venience to him—Mr. Elliott told him he should have
thought of this before he entered into sureties for the appeer-
Knee of his friend.—Sergeant Aylesbury remarked that there
was very little fear of Mr. Miller being at a loss by the trans-
action, as Mr. Thorley, who represented himself as a clerk,
had on his person when brought to the station-house a valu-
able gold watch and two 501. notes.—Mr. Elliott, on hearing
this, ordered the recognisances entered into in the case to be
estreated.

SOUTHWARK.—Cmanon or ROBBERY AGAINST A
CABMAN.—J. Herbert, a cabman, was charged with stealing
nearly 71. from the person of William Holmes, a sailor.—
Complainant said that on Friday morning he hired the
prisoner to drive him to Wapping, to receive 101. he had
left there. After he bad done so, they had several glasses of
grog, when complainant wished for something to eat. The
prisoner asked complainant to go home with him, and drove
him to a house in Union-street. While there, he drank
some ale, which rendered him insensible; and, on recover-
ing his senses, he found that he had been rebbcd.—Patrick
Murphy, labourer, said that he saw the complainant and
prisoner enter the house; and when be saw him unable to
take care of himself, he fetched the complainant's wife,
when only 31. was found on his person.—ln answer to the
charge, the prisoner said he was engaged to drive com-
plainant about the whole day for a sovereign, and it was at
his request he took him to the house in question. He was
much the worse for liquor himself, or he should not have
driven him there.—Mr. Cottingham said the charge was one
of grave suspicion against him. He should remand him for
a few days, to give the officer an opportunity of making
further inquiries, as he was satisfied the prisoner was mixed
up in the robbery.
THAMES.—A TRADESMAN CHARGED wren FELONY.
—.I. Doris, a master-builder, and G. 11111, a labourer in his
employ, were charged with stealing one thousand bricks, the
property of the Illackwall Extension Railway Compsny. A
person employed by the contractor to the railway, went to
Davis's premises in Devon's lane, Bromley, where he found
the bricks in question, which he identified by the mark of a
crown on them. They were sent up from Kent, and only
unloaded on Monday last. The prisoner Hill was employed
to unsart them, and instead of delivering them at the com-
pany's premises, he delivered them to the other prisoner.—
There was no actual proof that Davis bad knowingly re-
teived them.—Mr. Pelham, who appeared for Davis, con-
tended that the evidence did not affect his client at all. The
bricks in question were very extensively used.—Mr.Yardley
said there was sufficient evidence to warrant him in com-
mitting Hill for trial ' • and against Davis there was sufficient
testimony to justify him in remanding the case for a week.—
Hail was taken for Davis's appearance.
DETAINING THE CERTIFICATE OP A SHIP'S REGISTER.—
B. Reid. a master mariner, was charged with illegally de-
taining the certificate of the register of the ship Isabella and
Jane, and refusing to deliver up the same to A. Macdonald,
the person having the actual command of the vessel, by
which he had incurred a penalty of 1001., or imprisonment
for not lets than three months, with hard labour.—Mr. Mac-
donald deposed that he was appointed master about five
weeks ago, when he superseded the defendant, and had now
the command. He was appointed by Mr. James Reed. one
of the owners. On Saturday night he called on Mr. Reid,
the defendant, and asked him for the certificate of the reside.
ter of the ship, and he said it wain the hands of his solicitor
and he could not give it up. Mr. James Reed had exercised
varionss acts of ownership, and had directed him to find a
crew.—On cross-examination by Mr. Pelham the witness
said he could not say Mr. James Reed was owner, except by
his own words. Although defendant had been three times
on board in the tonne of the last three weeks he bad never
disputed the right of witness to the command. The defend-
ant represehted he was part owner.—Mr. Skilbeck said the
certificate was required to endorse Mr. James Reed's name
upon it u owner, and other purposes connected with the
navigation of the ship.—Mr. Pelham contended there was no
proof of ownership yet given.—Mr. Yardley held there was
A prima facie case had been made out for the defendant to
answer, though better proof of the ownership ought to have
been given. The words of the act were : "If any person
shall refuse to deliver up the certificate to the person or per-
eons having the actual command, possession, and manage-
ment of such ship as the ostensible and reputed master
or owner thereof, it shall be lawful," &c.—Mr. Pel-
ham said that Mr. Reid, his client, had been master
of the Isabella and Jane for several years, and was owner of
forty-two eighty-fourths, or one-half the vessel, while Mr.
Reed, who had set these proceedings afloat, and of whom he
knew nothing, was only owner of twenty-two sixty-foartha.
His client hail never been discharged from his office of master,
and was really an ill-used man.—Mr. Yardley said that Mac-
donald had been master five weeks, and that the defendant
had acquiesced in the appointment and not attempted to dis-
turb it.—Mr. Pelham said he meant to contend that Mac-
donald had no right in the ship, and that Mr. Reid, who
held the largest portion, should have been consulted before
he was appointed master.—The defendant said the whole of
the ship had belonged to him, that he had never refused the
certificate, which he flourished in his hand, and that he had
mortgaged his interest in her to Harrison and Laing, of
Newcastle, when he caused the vessel to be lengthened.—Mr.
Yardley said the defendant must either give up the certifi-
cate of the ship's register, or be fined 1001.—Mr. Pelham,
with the permission of his client, delivered the certificate to
Mr. Skilbeck, and tho parties withdrew.

MONEY MARKET.

WEDNESDAY EVENING.

The wildness of the stock market, remarked upon
yesterday, subsided to-day, as anticipated. There
has still been a certain degree of excitement, which it
may be hoped will quietly soften down into the ordi-
nary routine of business. There was a reaction down-
wards to-day in the funds upon the exaggerated rise
of the two last days, and console at the does of busi-
ness were reduced to 821 to for money, and 821 ter
account. After the regular hour of business, some
rather large purchases carried the prices up to 83 to 3.
Reduced Threes, 82 to 3. Three-and-a-Quarter per
Cents., 83. Exchequer Bills, 20s. to 15a. discount.
India Bonds, 225. to 18a. discount. Bank Stock, 183
to 7. Long Annuities, 83 to 5-16. India Stock, 224
to 8.
Foreign stocks have been flat, with few dealings,
and the upward tendency of yesterday not supported.
Brazilian were however rather better at 75 to 7,
Chilian 86 to 7, Mexican 161 to 173, Spanish Fives
171 to I, the Threes 271 to 8, Portuguese 20 to 2.
We have the report of the failure of Messrs. J. P.
Howard and Co., drug and colonial brokers, near
Mincing-lane. The amount of liabilities is under-
stood not to be of consideration, somewhere about
60,0001., but vaguely stated very much higher. Some
other smaller failures have taken place, but they are
not for important sums. The more serious and
lamentable feature of the day, however, the far most
consequential of all that has yet happened in this
city, or elsewhere, is the stoppage announced in the
Manchester Guardian, dated and received this day,
of the very eminent firm of Mr. Robert Gardner, of
Manchester. This gentleman was esteemed to be—as
cotton-spinner, manufacturer, exporting and import-
ing merchant—the most wealthy man in Manchester,
and carrying on the most extensive operations to all
parts of the world. There are the circum-
stances of character, also, which will make this
failure more deeply regretted. Mr. Gardner is a
gentleman of well known and extended philanthropy.
His charities, public and private, are known to be far
and widely dispersed. He is understood to be a pro-
prietor of several large factories and manufacturing
establishments, and therefore, through his embarrsas-

meats, there may possibly be some six or seven thou-
sand people thrown out of employ.
There has been quite a mistake in the City to-day,
in moneyed and speculative circles, about the effect of
the recent banking and government relaxation of the
impolitic act of 1844. There can be no doubt that
throu4h confidence being strengthened, property, that
is, prices, will be better supported, credit generally
will be better sustained. But people would err griev-
ously who should calculate that we are returning again
all at once to the flourishing times of 1845. We are
coming now to a sober state of affairs—no more, and
gradually only arriving. The country, as observed
yesterday, has much tribulation yet to go through.
But a great country like this cannot want capital ;
nor is it ruined because Console may decline to 80 or
60. The capital does not lie in stocks, except pro
Canto, but is to be found everywhere in industry and
savings. The country which lent 50 and 60 millions
a year to the government during the war cannot be
ruined when it is thrice as rich in accumulations of
property now, by the calls of railways for half the
amount.

ENGLISH FUNDS.
Beak Stock, 183 7 Long Ann,. 30 years, exp. Jan. 5,
3 per Cont. Bed. Anus.. 82211 1060, 84 lPi
3 r;Ct.
C"...
*W..
031
i" " hoodi.BotritlllerBn,ooo. 2218 dl..
New pecCent. AIM.. 834 21 34 Como!. for Amt., 83i 4213 24 3
24 3 23 33. 3
Lo 7
ng
I.63tins., exp. Jan. 5, 1860, E;toittudeir..Bills, El,OOO, 21, 19 15
8
Ditto, years, cop. Oct. 10, 1850, Ditto 4500.7 12 clis.
8 3-16 3
FOREIGN F Ditto Small, 1 pm, 2 d 1..,,
IJN DS.
5 per Cl. Braellian Bonds, 76 24 per Ct. Venmoola Bonds, De-
b per Ct. Milian Bonds, 864 5 fern* 84
5 per CL Mulaan, 1946, 174 17 lei 5 per Ct. Fres& Recta., 1148., Ex.
4 per Ct. Portuguese Bonds, 21 'Ai 26f. 00c.
6 Per Ct. Ruasian BM., IS/2, E Si., 41Aer Ct. Belgian Bond., Ex. 25L,
I4S
6 %jet;
1877nnliost Bond+, dlr. from r meet Dot& Each
.1.1.28 0.11..53
EXCHANGES AND STOCKS ABROAD.

Per ArOnmS.
16 • I-VC-4. 1.--16—attiul&'7570
„ 116 10 11486 116 10 114 96 115 6
• I w 44 NI
.I 100
Bactin on London (den). 25 90.
Mosey.
Belgian 6, 1810 981 N e.. ud Renter. 100
100
Do.
Do. 15 T
Dankreas=37de
„
Malian% OCT. 21.—Tbree per Cent.„ 27 at id 56C .th
Fire per Cent., 164 at 60dayn, 101 eaoh ; Pamir." 6e ordb, 64 p.p.;
Coup 13PaPer ; Bank of dt. Fentinand. 128.
Faamoar, Der. 21.—Au
ltFire per Cents., 1041 money ; Ditto,
Four per Conte.. 54 bilte ; Ditto. Three per Cents.. 67 bill.; Bank of
Vienna, 1,930 many; Bernath Rail., 981 ; Fred. Wm. North. Ball..
6,1 money ; mum. Rail. (per LIDO. 3471 belts, 347 money.
A..... 0.411, 04 T. 25.—Act. Debt Twoomi-a-llalf per Cents., 634
54 ; Ditto. Three per Ceuta.. 64 64i ; Ditto,Feur per Cent..., 63 83/ ;
Amon. Synd. Foarand.a. Half per Unia., 634 631 ; Com. Comp. Four
andallalf per Con;, 163 1634. Eadiando on London 11.30; Ditto,
too mouths. 12.07 ; on • Ilamburg, 35.50 ; Ditto, trro London.
34.67;
on Farb., 60.75 ; Ditto, two montb., 56.25.
Barmaid, Ocr. Itt—Losn of 1640. 96i ; Ditto, 1842. 981 ; Ditto, 1644.
901 ; City Lean, 1643, 964 ; Bank 01 Bektium, is2s: lanie of 1641, 1061.
Brehm:lgo on London, 2690.
Asrw ear, Orr 25.—E:change on London. 25 91
VIENNA, OCT. 20.—Auartaa Five per Cent,. 1041 ; Ditto. Four
per Cent., 93 ; Ditto. Three per Cents., 66: Ditto, Twonud a. Mir per
Cent,. 5221: Loan of 1834,126*; Ditto. 184 1214 ; Bank blares, 1,610.

rws. Ocv. N.

3 per Oeata.
4Do.
4 Do.

THE FAILURES IN MANCHESTER.—We regret to be under
the necessity of announcing the suspension of payment of
two mercantile houses in this town, of very great respecta-
bility, both of which became known yesterday. The first,
which was annoureed at the commencement of business, is
that of Messrs. It. J. Farbridge and Co., East India mer-
chants, and the second, which only became known late in
the day, is that of Mr. Robert Gardner, who, as most of
our readers are well aware, in addition to a large spinning
and manufacturing business, was engaged in extensive mer-
cantile transactions with different puts of the world, and
particularly with South America. We understand, how-
ever, that the amount of Mr. Gardner's present liabilities is
by no means so large as might have been expected from the
extent of his dealings ; and not the slightest doubt is enter-
tained that his property is amply sufficient, not merely to
meet all his engagements, but to leave him in possession of
a large surplus. Therefore, although some inconvenience
may result front the suspension, there will certainly be no
eventual loss. Of the extent of Messrs. Farbridge and Co.'s
liabilities we have not heard even a conjecture ; but we
feel perfect confidence in the sufficiency of their property to
answer all the demands upon it. Our correspondent add,:
—lt was rumoured in Manchester that Mr. Gardner's en-
gagements did not extend 80,0001., an amount very consi-
derably below what people, suppoeed to be acquainted with
his wealth, bad set them down at.—Manchester Guardian.
STOPPAGES ARROAD.—II is stated in a letter from Mar-
seilles, of the 22nd, that five commercial houses at Leghorn
and four at Venice have stopped payment.—Galignans.
RUSSIA.—EFPECT OF THE LATE ENGLISH FAILURES ON
RUSSIAN Horsza.—The Frankfurter Journal, of the 24th
inst., contains the following correspondence from the banks
of the Niemen, under date Oct. 16 ,—" It was to be ex-
pected that the commercial crisis in England would re-act
upon Russia, and would, in a particular manner, painfully
affect those homes in St. Petersburg and Riga which, dur-
ing the past summer, took part in the large exports of corn,
even if they did so indirectly—that is to say, after receiving
pecuniary advances ( Vorseheissr.) In Russia, according to
commercial communications which have been received from
St. Petersburgh, it appears that the unfortunate occurrences
in England have made a deep impression bordering on
a panic (Beatiirzung); for although, up to the present time,
judging by the silence observed on the su'iject, there have
been no failures published, still much anxiety is felt, and not
without grounds for it."

RAILW

aye
,and
were

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lot lneennt.

ter
nen, Os 1. IS. i
Paris and Odom. _ , 111e9 60 1 Wr.2 1,9 Utel Gil iitil o.Parks and Rouen 9O 903 75 907 60 903 76 907 ft/
Rouen and Marrs 617 60 513 75 615 113 76 515
Avtgnon t Marseilles tr, 1 621 26 1 627 60 621 25 627 60
L"".. (vfl:l4 ..: 11 Le 76 1 637 so 6 75 Aar 50
Bordeaux di 50 1 466 26 468 75 I 466 If 465 16
North
VNSNA. Ocr.2o.—NqMiera,ls32 ; Oisegaita. 111; Teske and May.
996; Lelhorn. MT : Peek PI ; Norm • ; 44••••• ft
MEETING.—AMIZROt7I. NOTIZIRME•h, um BOSTON
Jr Ye nos.—Afeeling of I. ON. 27.—hlr. 0.
Mitchell In the chair. The 2••••• ins WWI Is Wet MG menders.
tion the offer of the area maw. =mow err the smal..
plashes of he Ilres, red le Id ipereloue to
the •••••ftb at he *raises et ea tb• Id et November
next. • WIZ silhast ft Or dobbin tb, Mr. Benjamin
Blew ••• ttaL h poishi est tb• Nana for which
the Imatia ismattise et irrebelims had =Waded. sal
Ilia eisbt dill to 14 la vim. Thew pen : 1 Tel
ocensinis an tibiae orl nieelm et Or amptay
nett Aft probstio astir der One eh* Is elm* Is poigne•
sad mblith th amain aOrapeat rule Nut Ors "Mb ebb
sear, area a Mild* aft yet willt 'Away ••••••••••••
mir• mks ma aillmmat ellsm semessmot vii Ilia mpg, •

great deeideratum to the trunk tine common, 2. To
dirt eters from every further 0011 ty, contract, in rtemcot ~eteept with the convent of the eharcholder. firm °Wont,:
certain other widths of the line, the construetton
would be most expetaire and least remunerative; and whey
would, moreover, entail the obligation to buy up emetin
anal
shares at a high premium the proprietary of thtse Ahem
being represented by gentlemen who happen to br,•
directors of the Arabergate, Nottingham, and Beam tonna
Rail a, Company. 3. To prevent the directors from again rejecting booila
offers for the lease or parttime of the line without ling otut; e
general body of the shareholders. 4. To retain In the lttolte tmhO
general body of the shareholders the power to retront:.imq ,
sell, or amalgamate, le may be at tiny time declared expo:l.Q
by the votes of the majority. 5. To withhold from Leo ol„
redoes the powee to make a further call until • met —lty fog it
shall have teen proved and sanctioned In pulite mettle,
After stating that hardly any of the objects in queetion
.el tee,
ouately secured, and that unless the shareholders bestirred themselves
their Interests would be exposed to farther sacrifice, the fetter eon.
eludes sa follow It will be evidett, from the term. of the treaty
propmed by the Great Northern Company, that the effect sour de.
claim th are or nay, is this : If we reject the off,-, teen To„
mains the obligation to pay up a further gum of llt 7., n,..0 share
at period', fearfully indefinite ; an obligation which 1. to neatly
brought down the market valise of our shares to • few mei dime Mi.
If we seeept the offer, our further obligation ts se owe n.d00,,d
31. Is. 6.1. per share; the next call to be a null one, in comes
of the ensuing year; meanwhile, we am offered 3 ire peat en
ails and advances, to be charged to the tut of the taelertakiago
Jutted of µe per mint.
0 heretofore ; —34 per mot. upon too
whole cost of the line for three years after compl, nee;—end
the option to each shareholder of exchanging for Nutters Reek
at par, after the line from London to York hes been ,eaaeo,
able 3 per erne in perpetuity. It may be as well to anticesue apart,
wry which it has been threatened to get up against any alstndonneent
of the western union of the line. The hiaory of t 61., ~not a toe
other undertakings which atheequently merged into it, tofght throw
a somewhat different light upon the subject; meanwlit.. however,
suffice it to explain, that so long as the section which meta compete
with the canal traffic ghat not be made, there tan is no injury
inflicted, nor any obligation incurred to purchase Ito came
It is indeed evident, from the act of parliament, that snot orr to.
intention of the legislature; therefore, es Boon as
the linehetweee Nottingham and Grantham shall have been -ix months
open for traffic, there will revert to the menu of the coal meth.
paled with. an equitable, although not, as it would "um. :I lew ciao.
upon the then owners of the competing railway; and moth. to be
taken to reader the porchase of the Grantbam Canal oldie:dory to the
i epecified terms. Wtth reference, however, to the canal from Amber.
gate to Nottingham, vine It is proposed to renounce the priellue to
make the extravagantly dear railway which might comm re wok it,
the obligation to buy it will never have existence. (Vide embergate
Railway Act, 9 and 10 Victoria, cap. 155, tee. IS.) I mis
that ewe if it could be proved that the projector,. tha take,
pony, or its original therchoidene deeired e.preially the ma.
etrucUon of the whole line, whether profitable t.r =wok.
able, per se, yet, teeing that they ham advantamm-I, sold three
shares to partite not locally interested—parties who, of cum.
look principally to their own ability to pay calla and to the puma
returns upon their outlay—the moat, equitable, and legal cot to
determine how much and how far basdevolved upon the metal sham
holders, ealled upon to pay in them tike there. If the let: intem
with to referee the totality of the project, code evade, the kilt.
representatives repurchase et, many of their shares taro. it MY be
done at an enormous discount) as will afford them a matovite ofte
votes. If they, however, continue to be the minority, a renal:este
be tried whether an inconvenient and ruinous undettating—oos
Mich they, the Alen, have repudiated—can be excel Igoe an
povrlahed proprietary, ageinet the disporition whi I, has tem
pretty significantly manifested by the public vee e, en the
government, and by the elements of the new tan ['Meet,
toss ak the curtailment or postponement of impr,ident rail-
way expenditure on all but what are really neceware work,"
—The Chairman then read the offer of the Great Nei-Ginn 'Company,
signed by the secretary, and doted the oth of October, lb '7, whith
was,—First, that the Antheeteate UOmnany do apply to to liameet for
the following deviations and curtailment of their pr. .ant Pb'ans
namely, to substitute a line from m Mill on the Great Northern
line, rice Sleaford to Boston, in lieu of the Sleaford firanch and Most.',
Extenaion; to 'unction the abandonment of that part of the line woof
of the Colwiek Junction. veneering rights of joint line with the Alalltha
Company, and to manctith the repeal of the exi• tins /grummets with
the C'onal Compass% Seeondly, that with such a clime...wet, the
Gust Northern prapowe that for three years from the date of opening
the Ambereate line, Si per cent. be guaranteed on a capital
not exceeding 7C0,000/., and agree to find any Otte, al
capital required for executing the works PO limited, pro.
riled they (the Great Northern Company) lir permitted
to carry out the *orb, in the made bent ealeulattd to serve the in-
terests of the two companies; and en or bcfnr: that dn., the soy,.
holden are to have the option, to be declared cullienuly or lab.
vidually, of 3 per cent. in perpetuity, or to turakmmate with the
Great Northern at par—the shareboidere, in the meoeim, to to
allowed intrust at the rate of S per cent. per annum on the capital
called up; and in ease of a failure of the proposed ape;icition to
parliament, the expense to be borne equally by the Atehogate Co.
pony and the Great Northern Company.—Mr. Roger., tor. Iroaside,
and others, advocated the acceptance of the offer of the Great Nor.
Werra, as Ming the only one now made to the commey.
—Fermat proprietors thought time should be given to ths
Eastern Counties to offer for the line. It spocared hum
the statements made that the director, at the Let meths{
had shown a disposition to maintain the original I rojtxt of nuking
the line in it. Integrity, but that they were forced to yield lath.
wishes of the majority to make a portion of the line only. Abe,
that the arrangement of the Greet Northern Company would be to
reduce the capttalat once from 1,00,090/. to 701,0001., and Mebane
from 201. to 61, and render unnecessary any further call on the Am-
bergate ehareholdereuutil the beginning of next year, which, oa the
reduced eapitaLwould enable the company to avail thermeiyee of their
borrowing misers, and defer further calls for a considerable period.
The letter of Mr.Badgerwaeapprovedof by a large majority, and a vote
of thanks wee putted to that gentleman.—The memo( Ike Great
Northern Company was also approved of, and the shareholders were
invited to Ruppert the reinitiates respecting it, personally or by peony,
at the next meeting.

RAILWAY NEWS.
We had a very remarkable reaction in rail Ways
yesterday. They went up too fast on Tuesday, and
the decline has been proportionate. Shares were
difficult of sale at low quotations.
SHARE LIST.-LONDON, OCT. 27.
N071.-Tbe quotations of lines in Rom. characters denote actual
transactions . those of linos in /Wire sellers' prices.
PAID. PAID.
40 'Aberdeen
1111111:".: k';•1;1..1 grit ri
14111f34 i It': :i`fri,i..-_.,..-.; .i: 1124i41712"
8 ihrul.Wol.l S. Valley 'l6 Do. 40t. sh., 11. 6.61. 57
15 Dien,. De ford Jo. 3444 p. 6 Do. IOS a*. 54418 p 24 34,.
6 fiosfon,Stg. &Dim 4. 6 DolulAh.,M.lt B. 6901
75 Bristol and Exeter 16 10d. 1 D0.10t.M.. Al &LI e 3 4p.
16 Do. Thirds
8: Bazkingloandar•
634 ICaletionlan
1 Do. 1 shares.- , 1 Do. New, Dd. ... 7211.4 8)
371.Chmier a Holyhead 4 Do. New. 401. -.. • •I 5
4 Do. Prohmence
74 Clarence . . .
10 Do. 74t (.Y..ospir: et ss, Do. Thirds . .11 07 144.
10 Do. 74 1.1., I per a • Ce•;11 1944.
at.fortitrltr...„.
,wi
10 Dp.Gor.Loao,4p.C.
20 Malin& 11.0 ..7a.e. 1816 d. 3 Mancit.,l3unt.,&)l. 1
15 DandoLl&t.ortiskla. 24, Mose& kgsorthassp.2 101.
25 EAn '254. LIFAL&D) 20 100 Midland 1109 8 9
DI I Do. (lit. E. & 11j.17 34. I Do. 401. dives 41 2/0 1
1 D0.134.11.a. EI. & H id. par 10 , Do. W. shares . 6 1
20 Sworn Candles ... 16 I 114 1 100 Do. Siren. & Derby .3160
641 IJoDerp.spCt. No.l id. 1001 Do.C.Brt.tlfrAtpe. HS
I 6, Do. d 0....... No. 2 jd. 30 131 id. Gr.
foralF at. (Irak]
10 Do. To Est.-8 74 100 Nerrad Co k & risk
60 DoNorthn &But's) 91 131 Norm &Cheater lord
14 Do. Ohara .--. 11 11 26 North British /25 6
123 Do. New . . l4. 124 Do.
.shares llls 10)
60 .F.a*terw union... . to Do. tbar. 4
1211 Do._ .# Mares .. .. . a Do. :Arming - id. par
' 20 +s.s&lnasaddre..... 16 14 1 1 Do. Thirdo
13 i Do. New 7 106 Norfott .... - ... ... 21*
14 Do. Nese. 4 sham 1 14. 6 Do. Nnr, 204. .. . 36. par
' 9 'Noel Lincolnshire , 1 Old. 13 Do. Rm.., ,•, In
60 Edinburgh &Marion 2 Do.&11117NollcOr4d. pir
16 1 Do. i Mara 2d 2 Do. do. Waredey tat 1441.
' 1241 Do. i shares
20 Edioth. & Northern 71 North Staffordshire .171 i 7
' 24. Do. Noe 3l North Woks
7 l' Do. lieorport.__ .. . 6 North Wafer,.
24 Forder,l'euril, Dore.' 4 lid. 36 ,Osf.,Worces.alrolv.l9j
60 Mop. Kamm. & Ayr 71' kteadg.,fluild. &Rolf. 7 4
8 113reat irortbarn... " . 461 loißoadow shd llikhmjid. tar
24 Do. Lon. & renter .m , rid. lb IScopiel. Cen(,rat -
36 Gt. Sth & IVest I I re.) 174'iroltiolt Midicusd sel
100 Ot. Nth. of England.... 16 16' Dole.',
6 Do. New. 406. .... 499. 1 !Ate., Roth. &Or
30 Do. New, 304. .... 6 6 Shrew. & BM. damn a
11, Do. New. ISt. .... 1116 p 3 I Do. do. Ckus B. 3144.
65 'Great Western ...... 8416 4 Shropshire Unioa 11
60 Do. raw ...... 6 6 10 &rat& perms I 166.
16 Do. shares ......16 3105outhtstafforde1dre pd.
23 Do. S., t 43 331 South BastoreADorr. 117 a 871
7 I Do. New, 171 847 SO Do. do --No. 10 4d.
22 Uswidersiteid, afar 2d. 17 Do. do. N 0.2111
7 Do., do., Thirds - ...... . 364 64d.
50 Hull and Selby
26 I Do. Morro •
124 Do. Marrs . - 9p. 2 S. Yorksh.Don.eok.
16 Ips.6 rytit.kkbeids. 17 4 To.. Vale Extension 31 214.
161 Do. do. & Norsoie.' 74. 171 Mares Ihrerddre Thai 100.
21 Do.Est/ic(lateCtti 131 17* ahr ford & &Arm'
60 lsnaseter 4 earlishi. 8 WAde7tar.& Flernes,
I
10 Do. Thirds
..., • Op. 26 %V ilts,itom., &Worm. 9
82 IlAtorsh& Yorks:VAL 4.1. 14 it',.. 667‘.&8.14564.1
38 Do. Lollar. .‘6l 625 York, Nose., 41 Ike. 31 i 301
144 Do. shires
Do.
~ gr. .....
Do. ntxtemalm ~
10. Do. Thirds ( Regd ), j bia. 10 1 DodoNo2Nwalterlilllll/1,
34 Do.Linorpl.dDoroi 4 1 Doti 3i EPur or PrerB6 I7a
133 Do feadders./4"4/1 60 ITorkiNorthWallasio.7o 63 76
71 Dolt_ lif' 1.10,1&Gok 1 10 ; Do. Prstammes.„ ..14 14
26
810
Do. Do. W. IL U&M nion '24 id. 20 1 Dm15.6W.1.166.1:123 6 6
Preoton W 32 31
9 De. 4 sham . ... A I 3p. FOIIIIIODRATLWATIL
14 Do. dO . • ....... . //tr. 30Doulogos a Amigos .1124
164
60 ,Loods and Bradford. 14 Como( linteciOrt Vsll4l 4
16s' fete., tt &Word. 'i 1. 24 Demerara . ... .. .
31 ILseds and Think -11 7 Date* ifhottsh. .... . SU.
11 11Z: Nee it lld. 14 for,.,lr,eit Sambre 4EL
21
6 Luxembourg . .„ . . .. .
0 Lyons, I-Arland:odd) 4.
13:42 .:LoLfl"t4iHrlccoji:::7lo4ack:&.4NBll".l.."L.6l. 1 Pd. 1014 N.lrrthew.e4ll4l,l 4/11444Fr0na.. • Ip.
6 Do. do No. 1 0 Orleans k lktrdeans I 4
34 Do. do.. .. . No. 11d. 10 Puri, and Lyons.....
60 Lou. BArtitort„r6oo. 40 1 21 Pare and Orleans ..
23 Do. Co[ll4 202 ha• ii 20 Doris and Flown .. 36
9 D0.d0.0.r.6.P.Ct.64 8 , Dart, and Strasbourg
Bo Do.Pmf.c 57,et. 4a Rouen and Sarre ... 63
124 Load. and Demme. 16 as.bro anti Meuse..
184 Do. Prelerenes. - 8 Torr. and Nadler .. d
10PLondoe a N.Western 470260 8 West Flanders 2ll