The Express.
London, England, 1847-10-22 00:00:00

THE EXPRESS, FRIDAY EVENING, OCTOBER 22, 1847.

struck her in the face.—Ann Weedon, a pauper in the work-
house, said the heard the elder prisoner swear at complain.
ant. She also prevented the younger prisoner from throwing
her down stairs.—Mr. Dore, the relieving-officer, and the
matter of the workhouse, said the defendants were the worst
characters they had in the house.—The prisoners denied is
thto the charges brought against them.—Mr. Hardwicke said
he should discharge Jones, in consequence of her being
enceinte. The other two he should commit to the House of
Correction for 14 days, with hard labour.
WESTMINSTER.—Tna Moaner, AND ROBBSAY or
Ma. BELLCHAXIIII3.—At six is the morning of Monday
week, Mr. Belkhanabers, of 44, Wilton-street, Westmin-
ster, who was in his fifty-eighth year, and had ling been
employed as su_pnintendent-engineer of the marble works in
I Esher-street, Westminster, was discovered weltering in
blood from a number of wounds in his head, within a few
yards of his residence. He was conveyed home in an in-
sensible state, in which condition he remained for eight days,
when he expired. It was found that he had been robbed of
a valuable watch, the contents of his cash-bag, his hat, and
other articles. Two men well known to the police, named
M'Kay and Dell:, were apprehended, and on being brought
before the magistrate at this court, it was pi.:ved that Mr.
Bellchamben had called at the Kill's Head, Ontia:d-street,
at about two on Monday morning, and, whilst sitting
in the bar parlour with Bete, the proprietor, the men
M'Kay and Doyle, in company with other bad characters,
were in front of the bar. M'Kay naked the barman whether
he knew the gentleman in the bar (Mr. Bellchambers) ; and
both he and one of his associates said that Mr. Bellchambers
• had got something in his hand (supposed to be a cash-bag)
which they should like to have. One of the party then said
"that they wouldn't do anything to Mr. /3•llchambers while
he was there, because it would get the home into trouble."
Mr. Bellchambers left at five, apparently capable of taking
care of himself, and in about the time it would take to reach
the Street in which he resided was found in the con-
dition described. On the prisoners, George M'Kay and
Thomas Doyle, being placed in the dock, Mr. Shins, of
Essex-stmt, Strand, and Mr. Sydney, of Hatton-garden,
stated that they appeared on behalf of the accused, the for-
mer for Doyle.—lnspector Taylor prayed an adjournment of
the inquiry into the charge of murder, which he now
brought against the prisoners, and with that view called
Police-constable Prong's', 74 B, who stated that he believed
if further time were given he might be able to procure other
testimony, and that lithe nee were gone into at present the
ends of justice might be frustrated.—Mr. Sinus wished to
know whether the magistrate would accept bail.—
Mr. Burrell replied, certainly not.—Mr. Taylor asked for a
remand until Saturday week and Mr. Burrell having as.
seated, Doyle asked, "Am I thbe in prison till then ?"—Mr.
Burrell : Certainly.—Doyle : Why, I'm in solitary confine.
meat. The governor says I'm a murderer.—Mr. Binns
hoped that his client would not be subjected to any treat-
ment that was more than necessary for his safe custody. A
man was presumed to be innocent until a cue was clearly
made out against him, and pending the inquiry lie conceived
was entitled to any reasonable indulgence. Doyle's friends
were very respectable, and good bail could be produced on
his behalf.—Mr. Burrell observed that he should not inter-
as he conceived the prisoners were treated according to
the regulations of the prison.—The prisoners were then
remanded.

--LAgifkrff.—EXTZNSIVE SWINDLINO.—John Marson,
a builder, who has been in custody for some days on a charge
of being concerned with an extensive gang of swindlers, was
further examined. In addition to the evidence already given
the managing clerk to Messrs. Neill and Co., patent asphalte
cloth manufacturers in Dunhill-row, St. Luke's, said that,
on the 30th of September last, the prisoner gave an order
far 20 pieces of patent asphalt., and gave him a reference for
his character to Messrs. Thornton, Outrim, and Co.. of
Essex-wharf, Limehouse, and Great Winchester-street, City.
He, witness, called on these 'parties, who gave the prisoner
an excellent character. Feeling satisfied with this, the order
was executed, but soon after be, witness, discovered the
prisoner's real character, and he had not been able to
get the amount of the bill for the property.—Robert
Fulton, • livery-stable keeper, at Chelan, stated that,
about the Ist or 2nd of the present mouth twenty pieces of
uptake were brought to his premises by order of the pri-
softer' who borrowed 31. on them. Some days after three pieces
were taken away, and one of the prisoner's party succeeded
in getting from him 111. on a cheque on the banking-house
of Hemet, Farquhar, and Co., St. James's-street, and signed
by J. Day, the same penoa by whose cheques the prisoner
had obtained several sums.—Mr. Claxton said he had pur-
chased three pieces of patent asphalte from a person named
Bond, who delivered them at his house, and he paid their
amount, 30e., to Mr. Fulton.—Sorg. Goff, of the L division,
said that he had made inquiries about Meson. Thornton,
Outrim, and Co. of Essex-wharf, Limehouu, and found
that they had absconded, and he had no doubt they were •
part of the gang connected with the prisoner.—Attley, the
constable engaged in the case, produced several cards of the
firm of "Thornton, Outrim, and Co ," found on the pri-
soner, and also a note, of which the following is a copy, and
which proves the connexion between the parties:
Pawl-wharf, Fore-street, Litoebouse ; office, No. I, Great Win-
chester-street, City, London, Tueedsy, Oct. 2, 1/141.-17ear MAX•3I2,
I waited for you until tour o'clock. Do not,diaappotet tie by leaving
at 7, Jeffery...ware, St. Mary-axe, to-morrow at 12 o'clock.—Tours
ever, H. T. linear.—P.B. How was your eat this morning 1
—The prisoner offered no define., and was committed for
trial on this charge, but was remanded on several other'.
THAMES. nuance or Sitoootrwo.—John Hart, the
mate of a vessel, was charged with carrying and conveying
I Vb. of cigars and cheroots, contrary to the statute.—James
Swinger, gatekeeper in the employ of the London Dock Com-
pany, stated that, about Soo o'clock yesterday evening, he
stopped the prisoner coming out of the principal entrance of
the London Docks, and found the cigars produced, part in
his tronsen' pocket, and part in a cloak which a porter was
carrying behind Min.—The prisoner complained that he had
been locked up all night, and bail refused.—Mr. Yardley :
It was unfortunate that you were taken just at the hour you
could not be brought here direct. How was it bail was not
taken for this man ?—lnspector Forbes : We never accept
bail, your worship, in any revenue nets.—Mr. Yardley:
Ob, stuff. I would take bail.—lnspector Forbes : Yes, your
worship, but our authority is more limited than yours.—Mr.
Yardley: I think bail ought to have been accepted, and that
the prisoner has been punished sufficiently. I disoharge
him.—At this decision a respectably dressed individual In
front of the court clapped his hands, at which the magistrate
observed, " If that individual conducts himself so indecently
again, turn hint out of court."
ABANDONMIXT or • WlFl.—John Baker, • stone.
mason, was charged by the parochial authorities of Rateliff
with refusing to maintain his wife.— It appeared that
the defendant's wife had been maintained in the workhouse
Ice several weeks, and that on Mr. Warren, the relieving
siker, waiting upon him, and requesting him to support
her, be refused to do so.—Mr. buncombe stated the case for
the delhadant, who refused to maintain his wife on the
ground of adultery committed by her. Four. years after he
agenied from his wife, he married another woman, but at
the laaYaatlon of the first wife he was indicted for bigamy,
eaarrMW, and sentenced to six months' imprisonment. On
his liberation from pol, he west to live with the second
wife who was no party to the prosecution, and they were
subsisting very comfortably together, when they were dis-
turbed by the present . Two witnesses were called
by Mr. buncombe. The first, named Farrar, denied that any
improper Intimacy had ever existed between him and Mrs.
Baker. He vheited herb times during her husband's absence
at Gravesend, with a fellow-workman named Turner, and
they drank some half-and-half together. He had heard
that Baker was jealous of his wife, and had spread a report
that be (Farrar) had confessed to a criminal intercourse
with her, on which he caused a meeting, at which hire.
Farrar, Mrs. Baker, and the defendant attended. He asked
the defendant in their presence if he intended to repeat the
words he had before uttered ; and Baker than declared he had
no charge to make against him.—Mary Davis, of No. 20,
Mary-istreet, Lambeth, an old washerwoman, mid that when
Mrs. Baker lived in Felix-street, Westminster-road, she was
constantly visited by • grocer named Archer, while her hus-
band was absent, and that one night she mew Archer and
Mrs. Baker enter a house of ill-fame in Lambeth-square.
She admitted, on being questioned by Mr. Yardley, that
Archer had threatened to punish ker for the slanders she
had propagetsi concerning hlm—Mr. Rateliff, the vestry-
clerk, expreessl his hoes( belief that the charge of adultery
was trumped up to Nave the defendant from the liability of
supporting his wife. He said Mn. Corder, a lady with
whom Mrs. Baker lived fee two years after her separation
from her husband, and wits irks of her in the highest
porible trams.—Mr. Yardley the ease for the
PUVe of obtaining the ',Ascher.
MKSltSlarli.--812AN51ISI BlLlAD.—Drerixestwo
CA/I.—Maria Sesidh, a sisseeWs wrelehed-looklng female,
apparently 35 een dais, wee dewed with ha
sto toe balshoattsparesysa haves hen a baker's bedna—vingh.
Elks that skeet 11 *Week that Menem be
was pairing le_ Owes dodos, whoa
he saw the paean seawMag by a base% Whet that bad
bees lett bribe swam Re 111111101 /Me wad law ha take
two half-quartos leaves eat et the Whet end walk away
with them. He fbilowed her miler& as from her. The
loaves, be bawled. belonged as Daahl
weer adaitesd having take& the leasee, and isslasad
she was pumped to do it hen event dilute arced wort.
lbe had beta is service all hsellk bat had beam esagavally
ill Lave her situations time* ill health. She
W led eathlag to set but dry Weed he the last twelve
L sawaka, *Wag which period eke bad been without any
hams, sad had wandand about from union to union without
key* been saes in • pion. She would now rather go to
a rhea Ihma say hews continue to wander about in the
L wretched aide she wee ia.—The primer was reessaded.

MONEY MARKET.
THOWIDAT
The stock market was nits on the amending scale
this morning. The aoeedseas mimed * the public
in the purchases otneensy desk, in ma week es
individually they warm Veen& in the aggregate ef
magnitude, gave a ken alminess to the operation.
The report also that the Bank was disposed to amid
I the Royal Bank of Liverpool in its enthanesmeegbt
and also a large 00011114161111 house there
itztiht
difficulties by its emplen, misted to
the market. Wee from 801 Mealy, aad
801 to * amount, advansed grathethy and
steadily apse these elements if eneouramment to 801
to Ihe mew, and 811 for tines. It bosom strongly
rammed then sae Aide, hewerwart that the Book
Si Wig the regular beard aye had livelypithell Ss applauding of the girths ca-
reered to tee milimem Upon this assesses spew
lators for the fa went more boldly to wok, and
pirliiceeseiriidly descended to 791 to Lfor money, end
801 to for account. Reduced Mr's. 78i to e.
-a-Quarter per Cents., 80 to 1. Exchequer
30s. to 235. dia. India Bonds, 40s. to 30., die.
Bank Stock, 179 to 182. Long Annuities, 8 1-18 to g.

i

The foreign market showed symptoms of improve-
ment in the morning, when Consols were moving
upwards, and some transactions in them were re-
corded at better quotations. They remained, with-
out further business, nominally quoted the same.l
Dutch Two-and-a-Half per Cents., 53 to 4 • the
Fears, 80 to 2. Spanish Fires, 17 to t; the Threes,
271 to 2. Portuguese, 20 to 1. Mexican, 17 to 18.
Brazilian New Bonds, 70 to 4. Danish, 79 to 80.
The reports were conflicting to the last moment as
to the result of the applications for assistance to the
Bank from the Ravel -Bank and a great commercial
house at Liverpool. It was asserted confidently in
some quarters that the negotiations to that end
had positively failed. But it was maintained
elsewhere with equal assurance that to a certain
extent they were successful, and that a sum of
300,0001. had been advanced for present relief, in
t money or stock, on the condition that the commercial
house implicated, and under heavy liabilities for ad-
vances to the Liverpool Bank, should immediately
proceed, within a limitation of ten days it was said,
to dispose of their large accumulations of stocks of
cotton and other produce. Such conditions must im-
pose the hard necessity of submitting to great and
nunons sacrifices. To force extensive sales of cotton,
for example, upon a market so depressed, and
the consuming power so diminished, as that
of the spinning trade of Lancashire, can scarcely
fail of depreciating the value of the raw
commodity very materially, and, what is of
more consequence, of most prejudicially affecting
the prices of yarns and goods actually in stock, or in
process of manufacture. Little sympathy, however,
will perhaps be felt for the mere speculators in cotton,
who have so imprudently traded beyond their means,
and whose monopoly and exaggerated prices cense•
quent ha- 'inflicted so much injury on the manufac-
turing districts.
Such were the reports and opinions. current in the
City. Our Liverpool correspoLdent, dating this
morning, says
You will be pleased to hear that things have
taken a turn for the better to-day. There is much
less anxiety felt on 'Change, and there is no longer
any apprehension for the banks. The ran has ceased,
and, if the party I mentioned yesterday succeed in
his application at the Bank of England, the local
banks purpose resuming their discounts to-morrow.
It is even mentioned confidently that the Royal Bank,
under a new direction, will resume almost imme-
diately.
" The firm alladcd to above hold, I am told, pro-
duce on which they have advanced 900,000 i., and
taking the estimate at even present prices, there
would be a clear surplus in their favour of 300,0001.,
and this, too, independent of their private estates, 8:c.
" The two other great houses implicated in the
stoppage of tho Royal Bank are all right.
- -

" There has been one failure announced to-day, in
consequence of the stoppage of the Liverpool Banking
Company, but for a very small amount. The Liver-
pool Banking Company will resume in a few days."

It will be seen by our 'Manchester correspondence
given below, that the private bank of Seddon, Scholes
and Seddon, has been added to the list of stoppages.

It transpired late to-day in the City that the
Newcastle-on-Tyne Union Joint Stock Bank was
under the necessity of suspending payment. A
deputation of the directors has been in town soliciting
assistance from the Bank of England, but without
success.

It was shown under this head on Wednesday last,
that by the latest official returns for all the banks of
issue in the United Kingdom, one-ninth part of the
total bank-note circulation afloat, say 4,035,0001., had
disappeared in the twelve months running from Sep-
tember 1846 to 1847, of which the share of the Bank
of England alone was 2,178,0001. So heavy an
amount withdrawn within a period so limited from
the circulating medium of the country could not but
necessarily lead to much difficulty and derangement
in those internal exchanges which it should have re-
presented and facilitated. The evil of course was greatly
aggravated by the simultaneous abstraction of metallic
currency to the extent of 7,920,0001., 7,229,0001. of
which takes away from the Bank of England (which,
previous to the acts of 1844, that institution had
the power to use and issue upon at discretion), makes
an aggregate loss of available media of circulation—
allowing four millions of gold for stock in the Bank
vaults—of nearly eight millions within the year,
leaving out of account the eight millions of gold taker;
for exportation.
Such are the facts presented by the yearly review
of the comparative state of money affairs and circula-
tion generally. This general review is cautiously
avoided, however, by writers taking their stand upon
the • acts of 1844. They deal preferentially
with the of England circulation alone, and
" Spec.tator," one of them, triumphantly parades the
following eongiazimen and conclusion :

The olowiallis, La, sego in the hands of the public, Including
Boak_put —r foalo to 19,577,0001. The came circulation
la lON woo Mood In 14,1411,110111. Sorely an amount of circulation
acaertt Sot d IVO by alms 4.000,0001., cannot be litany sailed a
arm,ti tho face of lb'• fact, can the existing
Iminoo
dimly= bet= bIS *WOW limitation of the amount of
10.

The reply and explanation upon this exhibition is
sufficiently clear and simple. Supposing the writer
to be ordinarily well informed of what is passing in
the banking world, which there are the best grounds
for assuming, it betokens a want of fairness and in-
genuousness not himself to have given the real
solution of the opposing figures. The truth
is, as he ought to know, that the 19,677,000/.1
of notes were not hen he wrote, are
not now, in the hands of the public, as
the 13,550,0001. in 1839 really were. lie ought to
know that every bank in the metropolis, and through-
out the United Kingdom, with the necessary means,
has been strengthening its reserves in view of the
perilous circumstances of the times and the possible
drain of deposits. There are bankers of undoubted
wealth, who might be named, holding at this mo-
, ment thrice their usual amounts of reserve in till, and
in the Bank of England, who yet are uneasily con-
tracting their operations and lessening their liabi-
lities. In a word, the banks are hoarding bank
notes. It is reported in accredited quarters that
the aggregate amount so taken out of circula-
tion, and locked up, cannot be leas than four
millions, and such, it is added, is the opinion or
estimate in the Bank parlour. Now, deducting four
millions from the 19,677,0001. out of the Bank, and
erroneoualy assumed to be with the public, we re-
main with just 7,00 W. more than in the panic year of
1839. We have 15,577,0001. out with the public.
On reference to the returns of 1839 (Report, 1840 ;
Appendix, 253), we do not, however, find the Bank
circulation so low as the amount quoted. On the Ist
of October in that year, the weekly average gives
16,857,00 W. as the amount, which was less than for
any former week, except the one immediately pre-
ceding, of Sept. 24, which stood at 16,836,0001.
Thus, the Bank of England notes actually out with
the public, may be assumed at one million and a
quarter leas than at the same period in 1839, when
the coin and bullion in the Bank was little more than
two and a half millions.. . .

Observe also that, for truly estimating the relative
state of the circulation at given periods, it is neces-
sary to take the issues of all other banks into account.
Thus the monthly average of the aggregate circula-
tion of the country m September, 1839, was
38,270,0001., and this was a lower average than for
previous and succeeding months. The average for
the October following was 38,091,0001. But the
average of the aggregate circulation for the four weeks
ending the II th of last September was 33,782,0001.
only ; difference, 2,488,0001. less this year on the
September account.
Assuming, and it may be fairly assumed, that this
October account comes oat no better than that for
September, the difference of circulation now, me
compared with the same period of 1839, will be not
much less than four millions and a half. And this
difference is vastly and prejudicially enhanced by the
requirements of an increased population, increased
foreign and domestic trade and exchanges, with a
new industrial element of railway values legitimately
created for mos one hundred millions, requiring the
=de inseam and facilities of a circulating
Mae ins to be said in expression of City
riorieme, which have scarcely yet had a fair echo in
=OMR VIINDII.
Sari ref TV! tsi is 1145116 1-16- 'ha 5' um'
f aura, alai lvi 6v31 Ditto 30 y0ve5,4301.3/3,lra 71616
Now psi Os* Alm. M! lei
60 Ondelike I
r Csai. 11111011 i Inn= VW.
3 ALAMO. NM wr• %dam 32
23 Ply 06. SDO.. "sri-1,61.C.
6p. ca not IS .1 per woos Divilt. WINS
emr 74

EXCIIANOBB AND STOOKS ABROAD.
ViRS,I; t. 14.—Aumalac live par Clt.. 104 c: DM nu,
..
vor Cams., 93; Ditto, Throe per Cent,. 66, Ditto. 4,4.4.6d4-11622
P 46 Cent.. 624: Loon of 1634. 156 ; Ditto, 1/19. 1411 ; Bank Elbsrea, 1,620.
Rm.:a.m., thy. 26.—b050 of 1640. WI• Ditto, 1042. 884Dtlw 1144,
901 Ditto, 1813. 604; City Loma, 1632. ; Dltw. 1043, 654. /61cOsoge
00 Loudon, 25.60.

MANCHESTER, OCT. 21.—The painful intelligent* was
made known in Manchester this day that the old-established
firm of Masan. Thomas Seddon, &holes and Joseph Seddon,
bankers, in Norfolk street, had stopped payment. The bank
was originally established so far back as 1790, and carried on
by Messrs. &holes, Tetlow, and Co., in Cannon- street. On:the
failure of Messrs. Daintry, Royle, and Co., bankers, five or six
yeara ago, they took the premises that firm had occupied is
Norfolkutreet, where they have carried on business ever
since. The failure cannot be said to have created much
actuation, the house never having carried on an extensive
business, and their present liabilities being understood to be
null. The immediate cause of the stoppage was the return
of bills discounted for parties in Manchester which have been
dishonoured, and which they have been unable to take up.
A report was current during the day that they had resumed
payment, but, ou inquiry, it turns out that there is ns hope
of such a thing—the house intending to wind up, and with
the expectation that they will be able ultimately to pay
everything.
BIRMINGHAM, Ocr. 21.—Another day bee passed unaccom-
panied by disaster. Reports current of the embarrassments
of one of the oldest, most respectable, and hitherto considered
wealthy, of our merchant's house., have, I am usured not
the slightest foundation in fact. The rumour has in all pro-
bability arisen because of the concern discharging a great
wt of its heavy engagements in bills which, although of the
beat character, may have experienced some difficulty in the
dircount market. This is the only solution I can give for
the rumour which has been widely spread here • and its con-
tradiction, at least up to this evening, is not oay proper, but
it will be useful both in London and Liverpool, where the
saw intelligence may have reached.

Hawenno, oev. 16.—Oar exchange never was in such a
state of excitement u reports from this place have repre-
sented it to foreign journals. It is true that discount is at 6
and 61 per cent.; but not from actual want of money, for
there is coin enat,eh in the bank, but for fear of ricambio
(re-exchange), which way be expected in consequence of the
numerous foreign failures. The hankers and merchants who
have any thing to do with exchange suffer ready money to
lie by unused. It is true that several of our houses have
been concerned in two or three of the London failures; but
for sums which to them may be termed inconsiderable. They
hove also the Rug= houses to fall back upon, from whom
they received the bills, and if these remain solvent:they will
suffer no loss eventually. The house of Pehmoller and
Jollens is the only one that has stopped,—llaniburg paper.

MANILLA, Aro. O. EXCHANON. —Od England, big
months' eight, private bids, 45. Bank and Trroeury, 4 3j.
JAMAICA, Barr. 23.—The intelligence brought by the
last pact from England, relative to the depressed ante of the money
market there, has had the effect of still farther restricting the opera-
tions of our beaks. Money la oonmquently more difficult to be ob-
tained than it wan at the period of our last issue—and business gene-
rally Ls much duller than we have ever known it to be. Parties con-
nected with sugar estates appear to be labouring under the anon... Mae
that things will become in a yet more depremed condition, and are
realising as net as they can. The new Import Duty Bill came into
operation on the 20th Inst.
MACH o,olC+.—On London : Bank bills, 90 days, 14 : 60 days, I per
cent. discount- 'fenders for government bills were accepted at 6 per
cent. discount fur 30 days.