The Express.
London, England, 1862-08-16 00:00:00

THE DISTRESS IN LANCASHIRE.

um
u.su

211,11 a

The London Committee for the Lancashire Relief
Fund met yesterday at the Mention-bones. Mr. Cotton
took the chair; and Messrs. Howes, Lyoett, Armitage,
Goodman, and Gibbs, were likewise present. It was re-
ported that the total amount received up to Thursday after.
noon was 33,8141. 13e. 10d. A number of applications
were rewired, and the committee, after due consideration,
resolved to forward the following amounts, viz.:--City
Broad districts, Huhn*, 1501. ; Belmont, sear Bolton, 251. ;
Ramsbottom, 1001. ; Woodhill and Berm, 50/. ; St. Jude
Lacoste, 150/. ; Ribchester, near Blackburn, rd. ; Yilbrook,
near Staleybridge, 1001. • liallingtoo, 1001. • Oxford-reed,
Ormond-Mast, Manchester Soup-rooms, 501. ; Stockport,
2501. ; Staleybridge, 1504 ; Dukinfielol, 1501. ; Ashton-under-
Lyne, 1501. ; which will make a total sum of 20,0004 sod
upwards which has been already distributed among the dis-
tressed districts. From the representations made in the
letters containing the applications for the relief, the dis•
trees seems to be rapidly on the increase.
Amongst the letters was one from a local committee re-
czaforroed at Paadiham, of which Sir J. P. lisir Shuttle-
Bart, is chairman. The letter stated that the sum
of 1,5001. had been already raised, cad the committee
intended to distribute it for the relief of those out of
employment, who have been receiving parochial relief, and
they asked for a grant of money from the funds of this
committee. The committee, however, agreed that, as they
were not at present pressed for fund., the consideration of
the subject be adjourned until the next meeting, in order
that some further particulars might be obtaieed.
Two donation's, amouating to U. 25., have been received
during the week, specially tar Mr. Birch's Needlewoman's
Establishment, and the committee directed a cheque for
that amount to be forwarded to Mr. Birch.
Amongst the subscriptions which came to bend yesterday
were the following :—Mr. Serjemot Brougham, 100/. ; eel'
lection at St. Philip's, Rerl's-oourt, Kensington,
30/. 10s. 7d. ; Mr. Joseph John Shilbeek, 211. ; Miss Some
Flies Boyles, 501. ; Mr. John Jones, lOW. "F. L F.,
201. lalsaeth Douglas, 21/. ; Mr. Wm. Veal's'',
901. ; Azehdelooe Bentinck, 501. ; ditto ma memorial doer
tine of the late Mrs. Bentinck, 50/. ; the Directors of the
Bahia Gls Company, 21/. ; Messrs. Berber Nephew and
Co., 1004 ; Messrs. Freeman and Rouse, 100/. ; Meese.
Taylor Brother', 100/. ; subscribed by a few friends is
Guernsey, per Mr. Wm. Brooke, 40/.
The Liverpool fund for the relief of the diadem in Lan.
cashier unmated yesterday afternoon to 214,400/. Ws
understand that the members of the Savage Club MUNI to
give a series of amateur dramatic performasees in Man-
chester and Liverpool early next mouth for the benefit of
the tend.

A new gunpowder (says the Athenaeum) was
tried at the late Frankfort Mooting-Feast, apparently with
enewass. lte merits are, a lower price, • less weight, a more
effectual action Ikea the general powder ; to which a more
important merit is added—that after thirty shots it left the
terra as alma es it WY before tiring. Its colour is yel•
lowish brows, it is granular, and looks like decayed wood
mead enall. The Investor is • Prussian artillery or
leis Is Spuds; and his invention is being tatted by
the Priem' govenaeset.

LAW INTELLIGENCE.
(THIS DAY.)

COURT OF BANKRUPTCY.
(Before Mr. Commiasioues Noe.)
iss RICHARDSO24.-A CITY MERCHANT'S BANKRUPTCY.

Thin wan • sitting for examination and discharge. The
bankrupt, John Richardson, was described as late of 40,
King William-street, merchant, late a partner in the late
firm of C. Bowes and Co., carrying on business under the
Kyle of Heed's Patent Cattle Feed Company.
The bankrupt returns his unsecured debts at 201. only ;
liabilities on partnership debts, 5,6781. There are no emu.
Yr. Sargood opposed for creditors ; Mr. Pook for the
assignees ; Mr. J. C. Brooch supported the bankrupt.
The bankrupt was examined, and it appeared he gavo •
security over hie furniture to his mother-in-law. His
mother-in-law quarrelled with him and took away the fur-
niture. She lived in some street in Hackney—he did not
know where. Her name was Mary Ann Cameron. Mr.
Riches, the attorney, was the assignee. When Mrs.
Cameron removed the property his wife went into furnished
lodgings. They had given an assignment of debts to E.
Bowes for his own benefit. He was the brother of their
ILA. The firm had not agreed to pay a composition of
°rm
6d. in the pound. E. E. Bowes was a creditor for
money lent.
In answer to Mr. Brough, bankrupt said his opposing cre-
ditor was Mr. Denny, a corn-merchant. They purchased of
him, at his request, thirty tons of rice meal. Mr. Denny
may have called half • dozen times before he obtained an
order. Twenty tons of the goods were invoiced to Howard
and Co., at 2.. 6d. profit, and the remaining ten tons re-
mained in Denny's hands.
The Commissioner—Do you mean Denny did not Is.. his
goods ?
Bankrupt—Not a third of them. Mr. Denny was his only
opposiog creditor. His partnership with Bowes oommeoced
in June, 1860. He provided no capital. Bowes had a
capital when he joined him. Did not know Bowes's present
private position. The liabilitfee which appeared on the
balance-sheet were in respect of the partnership. His pri-
vate debts were 201. only. The furniture was transferred
to his mother-in-law on the Ist or 2nd of January.
Mr. Sargood applied for an adjournment for further ac-
counts to be supplied. He contended that in many cases
y was systematiodlygot rid of for the purpose of de-
ir:adPeartg creditors. The assignee—" the active asognee"—
Mr. Riches, brought bankrupt and Bowes tog her, and be
now appeared as • creditor on the balance-sheet. The bank-
rapt went through the farce of giving a security on his
furniture to his motherin-law—a proceeding in which Mr.
Riches, the astute attorney to the partnership, concurred.
Of his client 20 tow of rice meal had been obtained, which
was in itself a deliberate fraud. After getting rid of his f urniture
after robbing his client of his property, Mr. Riches inter-
vened to get a dissolution of the partnership. In June the
bankrupt came to the court on his own petition, and Mr.
Pock, the solicitor, voted in the name of Mr. Bowes for
the appointment of Mr. Riches as assignee. This showed
how wretchedly the present system of administration of the
law of bankruptcy might be abused. He asked for a goods
sod cash account from the Ist of January.
Mr. Pub, for the assignees, complained that the speech
of the learned counsel was • tirade of abuse from be-
ginning to end. If the assignees had bad any information
as to the property said to belong to the bankrupt, he
would have been happy to have endeavoured to recover it
for tbe estate. . _ _ _

L 9 W. D. 9 9 L L B.
.-- -
Kam ... ..... 30.03 56 64 N.N.E. 9 o 2
&mom ... 29.96 66 66 N.Y.W. 9 0 3
Lim
1138twici
A1m041921 19.96 60 68 NAL 9 o 1
Powwww..- 26.94 66 62 N.W. 2 b 1
GaLwAir
VALISTIA
Qmoworowa 1996 66 66 N. 1 b 1
1105,85.50 29.91 60 68 N.N.W. 81 3r 0.16 1
lavuurool.
PBinkaol2 19.91 60 68 N.L 4 b 1
Pommes
nniorn 19.67 60 67 N.W. 7 Sr 0.21 1
JIIIEY 29.86 61 69 N. 8 21. 0.091
973780crni 29.83 61 62 NIL 9 1r 0.06 4
POll9lruolll 26.79 61 59 &N.& 8 0 I
Dorn
Lomat. 29.91 60 68 N.N.9 7 k 0.46 -
Y 5880078
104110104661 19.91 68 57 LN.L 9 191 1
611711.1. .
112.21GoLUID 19.90 63 10 L 8.9 1 b 1

THE EXPRESS, SATURDAY EVENING, AUGUST 16, 1862.

SHARE LISTS.-(THIS DAY.)

Two o".-
The railway market to-day is heavy. Great
Western, Midland, and Eastern Counties
stocks have fallen per cent., and Lan-
cashire and Yorks-hire and Caledonian
4. Other lines have not varied much.
London and North Western stock is now quoted
964 to f ; Great Western 651 to f ; Laneashire
and Yorkshire, 1071 to ; Midland, 129 to 4 ;
London and South Western, 99 to 100 ex div. ;
Caledonian, 1091 to f ; South Eastern, 864 to
86 ; Great Northern, 1244 to 1254 ; and great
Eastern, 44 to 4.
Lombardo-Venetian Railway shares remain
steady at 4to prem. San Paulo are firm. Other
foreign, as well as Indian and Canadian railway
stocks, are
I are
inactive.
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cyl=ll. .7
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87 88
28 29

104 106
44 461 ;
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SESSIONS.

Closing prices.

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MINES.-(THIS DAY.)

Two o'OLoos.

The mining market is quiet to-day. East Cara-
don shares are in demand, and have improved to
Ca to 48a, being about 30s. higher than at the
close yesterday. Marko Valley are firm, at 104atto
I, and Wheal Ludoott steady, at 10 to a.
Cern Brea are quoted 121 to 13, and North Crofty,
3i to
Port Phillip Mining shares are in good demand,
and have improved, being marked a and prem.
Great Northern Copper have been dealt in at 1 die.
Foreign mines are quiet.
The directors of the Port Phillip and Colonial
Gold Mining Company have received advices from
their resident director, Mr. Bland, dated Mel-
bourne, 25th June, 1862, of which the following
are exracts :

Quartz Crushing.—l am glad to have it in my power to
forward a very satisfactory return of work done at Climes
during the month of May, notwithstanding that it
includes six weeks' work, and the last of the se-
parate accAmot sales of alloy. The quantity of
quartz crushed fur the month was 4,294 tons, an
avenge of 715 tons per week; the yield of gold, including
292 i oz. of alloy, was 3,366 oz. 15 dwt. 12 gra., or au
of 15 dwt. 12 gra. per ton ; the receipts
Zwerstr. some period were 5,7651. Is. 4d. ; payment,
including Melbourne mansgement, 2,2721. 19s. 4d.
—profit, 3,4921. 2• This improvement in the yield
still keeps up ; for the month of June, reaching to over
17 dwt. per ton, different portions of the workings vary so
much that it is next to impossible to form an
estimate with any degree of precision whether
the present yield is likely to increase or di.
minish, I can only my that the mine looks well, and the
Chines Company have every confidence in a continuance of
probable working. The gross receipts amount to If. 7s. 3d.
per ton, and the payments to 10• 7d.; ditto le s calcining and
delivering of quartz and Melbourne management to 7s. 10d.
The account for calcining has nearly mead,in the stone break-
ing machine being now molar use.
Vine.—The sinking the main shaft has been resumed and
it is now down 336 feet; the work at this somewhat inter.
fermi with the raising of quartz, and we have in consequence
occasional stoppages at the stamps for waot of material.
Machinery.—This is all in good working order, the stone-
Irasking machine is working fairly.
A remittance of 4,0001. has been received by this
maiL
At Trelawney Mine meeting, on Thursday, the
accounts showed a profit for the three months of
8981. A dividend of 10e. per share was declared.
At West Caradon meeting, on Wednesday, the
accounts for March and April showed a profit of
1891. The assets showed a balance over the liabili-
ties of 4,7281.
The subjoined weekly summary of the metal
market is extracted from the circular of Messrs.
Von Dadelszen and North :

There are no signs of improvement in the motel market,
and complaints are becoming general about slackness of
trade. It is only with the greatest difficulty that present
prices are maintained. Welsh bars continue in moderate
demand, at 5/. se. at the works, and from 51. 171. 6.i to 61.
f. o. b. here. Staffordshire unaltered. Copper English is
quiet ; English manufactured, from 101 d. to 100., &word-
ing to specification ; tough cake and ingot, from 911. to 93/.,
according to quality. 'Business in foreign is restricted :
Burrs, 941. to 951. ; Kapuoda, 951. ; Spaauh, 891. to 901. ;
Chili, 961. Tio : Since the reduction there has been
a fair demand in English, while in foreign
hardly any business has been done here. We have
sellers of Straits at 1111. buyers ; limited, 110/. ;
1141.10 a. nominally. The Dutch market has fallen Itt'D 66
to 16. Tin Plates : Manufacturers adhere to previous quo-
tattoos, but the demand is slack, and it will be difficult to
maintain present prices. Lead is dull; good soft English
can be bought at 191. 15e. Speller : Hardly any bummer
haa been done, and the tendency of prices is in favour of
buyers. We quote spot here from 171. 17s. 6d. to 181.;
Hall parcels, according to quality, 18/. to 18a. 2s. 6d. ;
W.H., 18/. 10e. to 181. 15s, A very large speculative busi-
ness bas been done in Scotch pig hoe, and prime have
rapidly advanced to Ms. 6d. cash, and 565. 6d. three months
open ; the demand originated from Liverpool.