The Express.
London, England, 1848-02-01 00:00:00

eirestastanees. That the facts were, Mr. Franklin was
indebted to him (applicant) 401., and that be aCliMi'
otased him and his broker on Thursday to the Beek ,•
fliat the broker handed bin (applicant) the MI. note, and
at the moment Mr. Franklin snatched it oat of hie hand.
That he (applicant) eoncaiving the note to have been imps).
Etaken away from hiss, did certainly premed into the
of England, and having deseribed the date and sum-
lif the note to the clerks, bad it stopped. —Mr. Cotting-
Ira mid that he wu still of the same ^:"146 With neret
to the 'sauce of the clerks at the Beak in the tranldetlel'i
1/14 that the/ ,;gist under the circumstances to hereoraO6einte note what it wee given them change
van
b
Peanklin, unless they had grounds for supposintog it to hay
bean stoles. Now it appeared Fnuthlin reesived thed note from
a pluses to whom be bad sold his business, an although
be was admitted he be in applicant's debt, yet the
olatter wee
sot justified in the tours* he had pursued. If, as the t
aphapve
li-
cant said, Franklin had matched the note, why n
gelled a policeman and given him into custody I—The appl4
last expressed his regret that he had not given Mr. Frank-
Mutate custody when he thatched the note out of his band,
after it had been given to him by his broker. That he had
invited Frauklin to go before the Lord Mayor, to adjust do
matter, but be refused.—Mr. Cottingbam said that he bad
already ox reseed his notion with respect to the part taken
la the transaction by the clerks at the Bank, and that if any
frothier proceedings were to be taken in the affair, they must
be by civil and not misdeal law.—The matter then dropped.
THAMES.—llsenauarions re SACItS.—J. Collins (who
did not appear) was summoned at the instance of Mr. Rum-
, the solicitor to the Millers' Sack Protection Society,
treX unlawful possession of four sacks, which had been
unlawfully procured.—Mr. Humphreys stated that it nail
been sworn on oath by respectable men, that the loss sus
pined by the millers who supplied the metropolitan bakers
with flour, in sacks alone, was from 20,0001. to 25,0001.
yearly, and hence the necessity of forming a Sack Protection
Bookety, with a solicitor, officers, and sgents.—J. L. M'Denald,
an officer appointed by the society, stated that on the 17th
hot he found 3 bags and 1 sack in the defendant's shop. The
bags lad been complete flour sacks and cut down. One of the
bags had part of the words "Charles Barnard, Luttea Mills,
Both." The *easels* had the owner's names upon them.
The defendant, on being asked to account for his pomeasion
of the property, said the three bags were in the 'hop when
Ite took possession of it, a few months since, and the
sack he obtained from the green market where he bought
ebles.The whom the sacks belonged
tootledthem, and said their homes were very great. ktr.
Whitton computed his own loss in flour seeks st 8001.
]per
annum. The millers, in answer to questions by r.
liumphreys, said they never sold or gave away their sacks
to any one, and that the begs bad been full socks and cut up.
The begs and the sacks had been tarred over, which had the
effect of obliteratieg the names for a time, but as they
became worn the names branded on the sacksenoe , *gain
inflicte becamd
e
visible.—Mr. Yardley, as it was the first off
the mitigated penalty of 20a., the property to be returned to
the owners.
ASSAULT ON THE POLICE.—W. Davis, • Seaman, IS
charged with violently assaulting two police-eoctstablth,
named Rudy, 393, and Rogers, 182 K, while in the execu-
tio of their duty.—About on o'clock in e mrning the
prisoner,n who was very drunk, was sparring th
at •o manwho
sought the protection of Mudy. The prisoner was told to
go away, but, instead of doing so, he threw off his jacket,
end after applying the most odious epithet/ to the constable
and the mate hr was protecting, he said, " Now I'll do for
you," and made a rash at Mody, whom he struck with so
much violence on his breast with hie clenched fist as to
break the box of the policeman's rattle. Mudy seised the
prisoner, with whom he maintained a desperate struggle for
some time, until Rogers came to his assistance, when the
sailor broke away, struck Rogers on the face, and rushed
into his own house and clammed the door. The policemen
broke it open, and as Rogers entered the prisoner's apart-
ment he was knocked backwards by blow on the neck with
a fid (a long heavy piece of lignum elite, used by sailors for
splicing), and he would have fallen down a fl: ht of stairs,
if Mudy had not been close behind him. The prisoner's
hands and feet were bound, and in that state he was con-
veyed to the station-house. Rogers was much hurt by the
blow inflicted with the Rd.—The pritioner, in defence, said
he was very sorry he had behaved so disorderly. Be was
drunk, and did not know what he was about —Mr. Yardley
sentenced the prisoner to 14 days' imprisonment in the
Mouse of Correction.
Ccsnity.—Mr. Yardley acknowledged the receipt of twe
sovereigns from" T. W. P. " and the second half of a 101.
note front " A. B." for the ,poite-boz.

----
MONEY MARKT.
E
MONDAT ETINING.
The funds have been heavy to-day from sales
effected in the early part of the moining, at the
higher quotations then ruling. From 89i money,
and 891 for time, prices went down to 89,1 and 891
sellers, but finally recovered towards the close of
business, and left off at 01 for money, and 891 to 7,
far account. Reduced Threes were last done at 89;,
but called 891 to 4. Three-and-a-Quarter per Cent—,
901 to Exchequer Bills, 35e. to 38s. premium.
India Bonds, 235. to 265. premium. Long. Annuities,
9to 1-16th. Bank Stock, 201 to 3. India Stock,

341 to 3.
This was settling day in the foreign market for an
account rather heavier than usual. The steady rise
in Consols, at the commencement of this account,
attracted more attention to the low prices of foreign
securities, and induced a disposition to speculate
in them to some extent, more especially in
Spanish, the result of which was a somewhat
general enhancement of prices, not, however,
altogether maintained since. The liquidation to-day
has presented no particular feature. Spanish Fives
were quoted 21 to 1 ; the Threes, 311 to Por-
tuguese, 26 to 7. Dutch Two-and-a-Half per Cents.,
631 to 41 ; the Fives, 85} to 6. Mexican, 181 to.
Brazilian, 82 to 4. New Granada, 191 to 201. Has-
_

slot have compelled more prompt payment, or forfeited the
shares before, this motion was also adopted unanimously,
end a to of thinks was puled to the Chairman mid
dlesetoes.
ItewsOu AND BOOT Sr. EDlMPos.—Hallsoody Aar
they ootiag.—lpowict. Jan. 31.—Mr. John C. Cobbeal is
r.
—.Tise report stated :
Ihedieesimehed hem kept in 'iseht,up to do oioNoot d OS
IS to Iloilo" it her soma MI loltzbia.
ClooltiaVtpos the MAW Iti tn=6ll
malt Or moue eremereed is tot le MAL
Maio stereary le ietee ter Veit the seastseetedea et the
holm thin mid WO* meg oingsminst bee.
Oder OW% Moe *lli it Ille horst 11l owiliolik Itrilook
loosi oillUOlrp it iho Nomodolo to wow* Oho puma
Midis Vow fle mem mg war weeks in Sin Merefliklallte
seine seessemg li• suds lmmils oaths fugMd el MU ; ma*
murk pooprot MO Moon Oil *nit szesealL Wombs made st
shareseisesemb Sir dm loolOtto. IV dim mselleths dleseksee wore
'hew tele ehle il WWI ill 611110101. WIC ihs lee le Dim may '
1 he
tosed ewe Mali in the MOM 4 ilo pooliot we, me the
Ur Noroloi wit
amset rot poor. Theo* roodolim this
1 Tosti be 10014 is So■
iiioolos ovoid Os is ?to =Ow bred
tr= ti=pillo it Mori
bog
_oordolooldoo et the ewe.
nisi. the dkeMers lad alesegy asoloiloopo tiro unlit ow foompo
Mot, min* Orisogooloit lot emMed thin Natilidar le esime
UM apneas et dr ooloUlidmot from dio lit of leurgeg WOOL
TM moo revelptita bib tow Da lumen ef mum* et MI gee
nintle the haleyeer enfpg.nst December. They aseseneed. me
Oa Ime,11( 4te KIM Uo. ed. Thal ewe sow: For geom.
egg. 11,t11[. ea. 741..irs4rharfage, Ursine!. end cam ra
le.llll. tss. led.; 17s. td. • hors% serrisllth
milk he. 1,1171. tea. t we% 30,40 k ille. IL 111111111=74
:=OOlllllll st the lest half-yearly meadow lellemetem Sr
hel Yoe ehesb red, and interest acme. will*
herd ea Ma fe es these ireehoelers who Ire paid op ado allo.
The oftlimotO a/ solooslo iliowid slot the roselpio to Is So Mt I
My, NV MI tor I*llll. lid. ed.; km ezieseten *wit oda
venal se. Oniss meek end Isms reps* AMC 111. ld.;
leaving 1111411/01. SU N. Won *it doe to WM igo.4lllllYer, 1147, '
they radius okay. le. N. ; pedditotal of 771,0201. 14s. Id.
I Expeedlime le the Slat Meg, NU, 9e. I Id. preen that date
to the Mb Nov., 114 f s Far verb, MU. Is. 7d. ; rads, choirs, '
' intoZPllar: 92dt.,fila; dimlit: mead= tat other he
penditure r
ha.toet teen
al of
7 iI,SIM. las. ed. ; leaving a balms at 10,70e.1. 194. 2d.
The Chairman, in moving the adoption of the report,
*aid as the companies would shortly meet as an amalga-
mated body, no resolution of any importance would be
brought forward at the present meeting. The resolution
which would be submitted was to enable them to raise moss
for the purpose of completing the Norwich Extension, which
was admitted by all persons to be of the utmost importance.
Acting upon a suggest.on thrown out at a recent meeting
held in London, the directors bed considerably reduced
their expenses, sad had effected a saving of salaries alone
of 1,1X),1. per annum.—Mr. Field wished to know what
sum had already been expended on the Norwich Eaten.
lion, and also what sum would be required to complete it ? '
Mr. Bruff: From Haughley to Dias, 80,0001. (exclusive of I
land), and from Dies to Norwich, 120,0001. The whole',
would be completed within the sum named in the original
estimate. The amount to open the remaining portion of the
line from Dies to Norwich would be 180,0001.—A long die-
cuseion arose on the policy of calling in the Extension scrip
of the company, when the Chairman explained the directors'
reasons for doing so, which are embodied in the following 1
addition, which were proposed by Mr. Field, to be added to ,
the report:
The directors have called in the residue of the outstanding eaten- 1
sion scrip, because they are bound by the terms of it to pay at sooner
or later, at par, and IL per cent. Interest, and they, altar arta:Sibs.
ration, came to the sonclusion, that it was alike beam sow litiontivos 1
that they should get rid of the obligation to earthen is MOM and
for the proprietors that they should pay them in go eery. 1
The report was adopted with thin addition. On the
subject of amount of interest which the company allow on
paid-up shares, Mr. Field suggested, which was agreed to by
the directors, that the following should be added to the re. 1
port : —The directors would have proposed to pay 31. per cent
interest for the last half-year to the Ipswich and Bury Wam-
bold. re if the act of amalgamation lied come into operation.
They propose that the increased re e shall be given for the
current year ender the power of the Amalgamation Act.
A resolution was then poised empowering the directors to
raise the sum named in the report ; after which the meeting

separated.
CAMERON'S COALBROOK, STEAM COAL, AND SWAN-
SEA AND LOOOMOR.—General Meeting.—London, Jan.
31.—N. P. Cameron, Esq., chairman, declared a divi-
dend of 8 per cent. for the half year ending the 31.1 Dec.
hut. Several questions having been put in reference thereto,
some wishing to know why it was not more, others desiring
that it should be dimini,hed until the heavy debt of the
company be paid off, the chairman said that the more OMI-
T. nient course would be to allow the report to be read, and
that then the directors would not shrink from answering any
questions that would not, in their opinion, damage the in-
terests of the company. The meetine being then made spe-
cial, the secretary read the report, which stated that the
directors, in consequence of the derangement in the money
market, had not availed themselves of the power given them
at last general meeting to borrow money, except to a very
limited extent, and since then an act had been passed which
afforded the company still further time to construct the rail-
way. The directors had purchased two ships, and chartered
additional vessel+ at fixed rates, to prevent the future sales d
coal being dependent on the fluctuations of freights. The
report concludes:
The company's coal has again been submitted to a minute MI
sad
examination at her bf sicisty'a dockyard at Woolwich, and the molt of
that examination Ma proved that the statements originally side to
the public un these beads have been more than borne out by the recent
trial, and on report thereof the Lords Commissioners of the Admiralty
have been pleased to direct the company's coal to he placed on the
government Mt of coal supplied by contract for the use of her Ma-
maty'a ateam,fseels. The effect of this order and permismon will be,
not only to enable the company to tender for government contracts,
but to extond the company's Pales among public companies, mer-
chants, contractors, and others who are confined in their purchase! to
the deacription of coal only appointed to be included in the govern-
ment list
The Secretary or auditor (in reply to a number of ques-
tions which were put seriatim by one of the shareholders,
who expr.ased much discontent respecting the affairs of the
company) said that the dividend was paid, not out of the
capital, but out of the profits ; that the present was not the I
fitting time for placing before the shareholders a balance-
sheet; that that would be done at the July meeting; that
the shareholders should be supplied with a copy of it a week
previously (as • matter not of right but of courtesy, and out
of respect to the general feeling of the meeting on the point);
that the balance of 75,0001. would be paid out of the profits ;
that no part of the profits had, as yet, been set apart for
that purpose ; that the directors had no power to make further
calls beyond the 6/., without the consent of the shareholders ; '
' that if the calls had been promptly paid, and if no panic had
taken place in the money market, e ailway would have
been half completed by this time ;that Mr. Cameron (the
vendor) had not yet received soy dividend on his shares,
having relinquished his interest to July last for the benefit
of the company ; that the directors had not taken any part
of the 2,0001. voted to them as remuneration at the last
meeting ; that Mr. Montetiore had resigned his seat at the
board, which had been filled by the appointment of Mr.
Henry Hart, of High-street, Borough, • commercial man,
the most useful, in the opinion of the directors, for a trading
company ; that the balance due on the October call was
very trifling ; that as to the January call, it scarcely
fair to pat a question, as it had only just become payable;
that the proportion of the outlay carried to the capital account
was one-fourteenth of that outlay, and that it had nothing
whatever to do with the 75,0001. ; and that the railway
would he about four miles and • half in length, and cost
from 26,0001. to 30,0001., according to the price of labour and
materials.—Mr. Burls (a shareholder who joined in the dis-
content which was at first evinced respecting the conduct of
the officers of the company) said that, although he had en-
tered the room with considerable misgivings on his mind, he
must say that the proceedings so far were satisfactory. There
was still one point open to objection—namely, an item of
9,1001., without any explanation. Whether that sum had
been well or badly expended it would be desirable to know ;
and, without meaning to cast any slur upon the directors or
auditors, he congratulated them and all such companies on
the bill introduced in the House of Lords by Lord Monteagle,
which would enable the shareholders, if they should be of I
opinion that their 'accounts were not properly made out,
to petition the Board of Trade, who would appoint a special
auditor to examine them. He had visited Swansea for the
purpose of looking after the affairs of th i company, and he
must say that Cot. Cameron's statements had given the fullest
satisfaction, and that the coal justified in every respect the
qualities attributed to it. Ail circumstances considered, he
thought the shareholders, who had heretofore reposed confi-
dence in the directors, had better continue it for six months
longer, when the financial and other questions not regularly
before the present meeting would have to be considered.—
Colonel Cameron assured the meeting that he was in a posi-
tion to give • satisfactory reply to every question that could
possibly he put respecting the operations of the company
from the commencement to the present.—The dividend of 8
per cent. was then approved of by the meeting, but without
any formal declaration, which the chairman said would be
irregular at an extraordinary meeting ; the report was una-
nimously adopted, and • vote of thenlu to the directors
closed the proceedings.
WINDSOR, STAINES, AND SW:TR-WESTERN. Npecial
fleeting.—London, Jan. 31.—Mr. Chadwick, the deputy-
chairman of the South-Western, in the chair.—The meeting
was held under the act of December last, for the purpose of
obtaining the necessary consent of the shareholders for con-
tinuing the works.—The secretary having read the Bth and
9th clauses of the act, which require that no railway com-
pany, which previous to the 27th of November, 1847, had
not executed any part of their works, should enter into any
contract for the execution of such works, except with the
stnsent of three-fifths of the shareholders, or holders of
ock, the Chairman announced that tbe assents for the pro-
secution of the works represented 17,464 shares, while the
dissents were the holders of only 19 shares. The works
would, On before, be proceeded with. He was happy to in-
form the meeting that so far as the bid No. 1 was con-
cerned the works were proceeding ia a satisfactory manner,
and he trusted that in the course of the summer the line
would be opened through to Windsor. With respect to the
No. 2 bill (Staines to Farnborough), the company had only
just obtained the necessary authority to proceed with it, but
he hoped that in a short time the works would be com-
menced, and that they would be completed with all conve-
nient speed.
WYCOMDE,—General Meeting.—London, Jan. 31.—Mr.
Paul in the chair.—The Chairman stated that the present
meeting had grown out of the failure of an arrangement
which had been pending with the Great Western Railway
Company, by which it had been hoped that the works of the
company authorised to be constructed would have been pro-
ceeded with in the course of the ensuing year. Under the
set of the 20th of December last, it was necessary that the
directors should take powers from the shareholders to pro-
ceed not later than this day, but after the interview which had
been held with the Great Western Company, which had not
terminated in the way that had been hoped, the directors
had determined that the whole of the powers heretofore
conferred should fall to the ground. Hence the directors
dissented from proceeding at present, and intended to peti-
tion the railway commissioners for an extension of time for