The Express.
London, England, 1853-01-18 00:00:00

PROVIDENT CLERKS' ASSOCIATION.

The twelfth annual meeting of members of the
above Provident Suciety was held yesterday morning at the
London Tavern—Mr. It. H. Jorixe, chairman of the board
of management, in the chair.
The SICEITART read the report, which disclosed the
following facts:-129 policies had been ismed during
the year, amounting to 81,9501. ; 7 annuities, 1491. 16e. Bd.
had been granted ; 28 proposals, amounting to
8,4501., bad been declined, and 51 do., for 12,550/., were
still under consideration, making the total number of pro-
posals 618 for the sum of 102,9501. The annual amount of
incomes from premiums, interest on stock and mortgages,
was 17,1601., of which, after deducting claims for deaths,
110,0671. had been invested, of which 3501. had been lent
to members on the security of their policies of insurance.
The total amount standing in the names of the trustees was
47,0701., and the amount paid on 15 deaths was 3,2251., a
very small lees, and indicating a low scale of mortality
among the members of the society. The report further
stated that a deputation to Birmingham had been attended
with beneficial results. It also alluded to the select com-
mittee of last session on friendly societies, and congra-
tulated the meeting on that committee's report, which had
been most favourable to this and tour similar societies.
The committee bad vouched them to be not only per-
fectly legal but highly beneficial, in extending downward
on society the knowledge of the benefits of life assurance.
The Wenn sheet was then read, showing an income for
the year of 17,2291. 55., and a balance in favour of the
society of 11,5381. 10s. ad.—The report was adopted.
Mr. Duausas proposed the usual grant of 5901. to the
directors.
The motion having been duly seconded, was carried
unanimously.
The oat-going directors and officers were re-elected.
The proceedings of the benefit department having now
terminated, the meeting resolved itself into a meeting to
consider the report of the Benevolent department, Thomp-
son Hankey, Esq., jun., Governor of the Bank, in the chair.
The Secretary read the report, which showed the follow-
ing results :—lteceived from subscribers, 5601. Si. 65. ;
donations, 811. 12s. 6d. ; subscriptions from insurers,
4201. 6s. Od. ; total, 1,9621. 2s. Od.
871. 10s. has been granted as gratuities to 10 mem-
bers, and the orphan children of a deceased member.
Loans, amounting to 1,7741. have been granted to 89
members.
On 27th May last six widows were elected to annuities of
151. each, making, with those already on the funds, five
clerks, and 22 widows of clerks, at a charge of 4551.
The balance sheet shows an addition: of 6101. 16s. 4d.,
making the funds of this department 13,5491. lls Bd.
The report was agreed to.
Mr. JEPPB moved that in May next the annual sum of
1251. be appropriated in annuities to five widows and two
clerks. The committee would have proposed more, but
they had only 6101. in all to deal with, and felt bound to
leave the rest for contingencies.
Mr. CLARK seconded the resolution.
Mr. LLOTD complained that while the benevolent
fund had an income of upwards of 1,4001. they had
expended in charity only 4501. They had large donations
from bankers and merchants, and a good permanent in-
come, and he could assure them that mane,clerks were de-
terred from joining by the sparing distribution of the
charitable fund.
Mr. JONES said that they had satisfied all the claims that
had come before them, and that every annuitant was satis-
fied. (Cheers.)
Mr. MAITLAND moved a vote of thanks to Baron do
Rothschild, M.P., Messrs. Hankey, Prescott, Baring, and
and J. A. Smith, for their kindness in serving as trustees
to the association ; which was unanimously agreed to.
Mr. RICUARDSON proposed a vote of thanks to the
public press, for their able advocacy and support of the
institution,
The CRAIIIIIAN, in putting the resolution, warmly vale-
logised the services of the press in promoting every national
t'
.
object. %Acarried .letter which the motion was by accla-
'
manors.
The proceedings terminated with the usual vote of thanks
to the chairman.

THE MANCHESTER COMMERCIAL ASSOCI-
ATION.

The annual meeting of the member! of this 8.830.
elation was held yesterday morning. at the offices of the
association, in Manchester; Mr. J Aspinall Turner, the
president of the association, occupied the chair. A report
was read from the directors, reviewing the steps taken by
the association. in connexion with the leading commercial
questions which had been brought prominently before the
public during the pact year ; but so we have notited tlto
proceedings of the board in the Express from tem,: to
time as they occurred, it will net be necessary to refer to
them further. The report was adopted.
The directors and offi.rrs of the company for the mining
year were then appointed, and the bwincts concluded with
. a vote of Umiak' to the chairman.

4 THE EXPRESS, TUESDAY EVENING, JANUARY 18, 1853.
UAW fitteiltgence. commendation, he said, was made for the benefit of the charge against him was that be had not kept an accurate i a few dozens to sell. Mr. Wilkinson told him that he would be nominal. The sales of western canal are 6,100 e
shareholders, and was received with approbation and account of his personal expenditure. The sales at • loss generally sold wholesale; upon which prisoner represented bbl.. at 5 dole. 431 e. to 5 dots. Sae; for common to straight le
-- - - adopted by the 'here to:dere; that at the same meeting, in had only been made on goods which were spoiled or ihe had been recommended to apply to him, whereupon Mr. state , 5 dole. 621 e. to 5 del.. toSje. for common to good ;
EQUITY COUHTB.--YESTERDAT. reply to Mr. Crawshay, he stated that there would remain dunned, anal which could only be got rid of in that way. 1, Wilkinson said he would fled him a little lot cheap, and Ohio, and 5 dole. 56c. to 5 dole. 75c. for mixed to fancy ,
about le,OOG shares tu be allotted by the directors, anal that Since the former bankruptcy he had traded prosperously, I then showed him 20 pieces of Indian corm, which he Michigan and Indiana. Southern is very dull, and rather I
lowan las Kursk or tea limas.
ouch statement was cheered. lie also sail that, it was a had taken stock regularly, and had at the commencement of offered to let prisoner have for 171. 10s. He, however, lower, and prices quite irregular at the opening, but at the
YORK AND NORTII MIDLAND RAILWAY COST- 'frequent practice with railway companies to leave a certain his account a capital o 2711. The fact of his tellies; went away, promising to call again in half-an-hour; but close were more steady? Sales of 400 bbls. Baltimore at
!'ANY v. GEORGE HUDSON, M.V. amount of surplus shares to be deposed of by the dile eters spoiled goods at a reduced rate was no evidence that Mr. Wilkinson saw no more of him, and when the subee. 5 dots. 621 c. Rye flour is very quiet, and is heavy at 4
Mr. Bothell stated that this was a suit instituted by the at their discretion, and that, having regard to his services, he had bought the goods and contracted the debt quent robbery took place those identical 20 pieces were dole. 50e. Corn meal is heavy, and very quiet. Sales 50
plaintitis the directors of the York and North Midland it warright and proper that these shares which had by fraud. The question was one of interest; and, as the taken away, with outer silk goods. bbls. Jersey at 3 doll. 81c. Buckwheat flour is in fair de- A
A
Company, for the restitution, by the defendant, of the value been taken by him should be so taken. Not only this, but section was a highly penal one, strict evidence was notes- In cross-examination, Mr. Wilkinson said he was a silk mend at 1 dol. 87te. to 2 dole. 121 c. per 1001bs.
of a number of shares InConging to the company which h. he actually charged the pinata, with a brevet of faith. eery to bring the bankrupt within it. He heal bought and printer, and only printed to order, and it was therefore a GEAIN.-There is little doing in wheat. The inquiry is
;I
had improperly disposed of fur his own benefit. It appeared lie said :- 'ln dealing with the East and West Riding made up the goods in the ordinary course of business, and vary unusual thing for persons emigrating to apply to him very moderate far export, and millers buy sparingly. There A
that in 11515 the defendant was the Chairman of the dime- Extension shares, which, under the resolution, were left had only sold them at a loss because they were spoiled by for small quantities of geode, although it was very general is little pressingon the market and quotations are nominally A
tors of the York and N.rth Midland Railway Company, to the disposal of the directors, the plan and system herein- the weather. with retail houses. the same. The sales include 1,300 bushels inferior red A
and, as appeared by the evidence of Mr. Gray, the acre- before mentioned Wee auepeeu and acted on by this The Commissioner-But if he goes on making fresh con- Sir Peter Laurie said he should remand the prisoner, to Southern at 1 dol. 70. in store, and 1,500 bushels unsound A
' Th supply is quite mited. ,Barle.-.ie dull. ''''
-. 00 to Sic.
tary, had great power over the company, and frequently defendant and hls co-directors, and intended so to be by tracts, does not that show the antmus of the whole trans- be brought up again with the man already in custody on the white Southern at 1 dol. 20c. Rye is inactive •••• e
gave meters on his own sole authority, and the officers and the plaintiffs and their shareholders; led under the circum- action ? Here the loss extended over four mouths. same chug..at GS to 72c.
THAMES. Oats are very Plentiful. e si
lereants of the company were in the habit of implicitly stances aforesaid, it is a breach of good faith on the part of Mr. Lawrence said that all the sales had aot been at a
s son, see- • .epeelitely Penneyerania, and prices
Obeying his elirectioes. His Secretary, Mr. John Cleee, the plaintiffs and their shareholders, who have actually had loss; as in :loittleuee: .."...'e: The charge cif renderiog a Captaililidley Irl d 3.5 the ter of •0- -- ' '
_ .. en, eve - TATOU OM buyer. Sales of Jersey at 47 to 49e., and wol-
ves likewint in the habit of giving orders, which were also and received all the benefit of the said plan and system, to fictitious account of losses could not be relied on for a MO- Ear brie surem was thieg;cl Willi sinking the schooner tern and state at 51 to 52c. Corn is without marked
obeyed, as coming front the defendant. In 1811; the com- call on this defendant, or on his co-directors, for the amount ment as bringing the case within the penal senior.. It was Essex Lass, at sea, on or about Christmas, 1850. change. The demand is fair for the home trade. There is
pany determined to extend the area of its funetions, and at of such shares." Ile then proceeded to tell them that he one of the difficulties caused by requiring every bankrupt The last prosecution of any importance in the port of no inquiry for export. The sales are 17,500 bushels at 6Sc.
a meeting held on the 16th January in that year, Mr. Ilud- purchased the Londesborough estate, for which he gave to render his accounts in a particular form, instead of allow- London relating to the sinking of a ship, took place forty for fair Southern white, 70c. for good dry New Orleans,
ion in the chair, a resolution was vetoed authorising the 474,0001., solely to benefit this company, and that having ing them to give • statement in conformity with the facts of years ago, when Captain Codlin was hanged at Execution and 69c. for dry Southern yellow. Old mixed is nominal
directors to apply to parliament to construct a line from laid out so large a sum of money, and being thereby the the case. Were this done, there would be mere honest Dock fur casting away the ship of which he had the com- at 78 to 79c.
York to Beverley, with a branch, and from York largest landowner on the line, it was the most miserable balance-sheets, and more honest bankrupts. A man was mind, by boring holes in the cabin with an augur. The PRoTiztows.-There is little doing in pork, and prices of
to Leeds by way of Aberford and Tadeaster, and and pitiful thing in the world to find fault with his appro. compelled to account for his property in some way, whether captain in this case is alleged to have sunk his ship in a old are rather lower, and to effect gales a further abatement
that foe these purposes the directors be empowered priating these shares. he could do it or not. similar manner. would have to be submitted to. The sales are 200 bbls. at
to raises 1,2e0,0e01. gdditional capital in eO,OOO The Master of the Rolls-Does the Londesborough estate The Commissioner-No ;he can say, it he chooses, that The prosecutors were Messrs. Barnes and Neck, of Cul- 18 dole. 94 e. to 19 dots. for old Mess ;16 dole. for do. prime ;
shares of 25i. each, to be allied the bast and West Riding belong to the company ? he cannot account for it. cluster, the underwriters of the Essex Lou. 19 dole. 50e. for new mess, and 16 dots. 50e. for new prime.
Extensions ; the scrip to be immediately issued and If. de. Mr.Bethell-No ;he gave 40!. an acre for it, and he Mr. Lawrence said the stock given up bad been sold at William Cushman) said-I was a seaman on board the Sour is selling at 13 doll. to 13 dole. 60e. for prime, and
posit on each share to be paid ; 37,9,e0 of such shares to be charged 4001. an acre for what he sold to the company. The half the cost price, a proof that the bankrupt had not Essex Lass, whick left Colchester about two years ago. I 16 doll. 60c. for mess. Beef is held firmly and in fair
allotted to the proprietors of the York and North Midland answer was only to be placed by tbesside of the transactions acted very recklessly In the sales he had made. But for think it was two years last Christmas. We loaded at request ; sales of 160 bbls. at 9 dole. 60e. to lOilole. 25e. for
in the proportion of one new share for every :AIL share, or which the defendant endeavoured to justify. It was an the depreciation in the assets there would have been a dive Amsterdam for the Mediterranean. I recollect when country mess; 13 doll. 25e. to 13 dots. 50e. for repacked
every two 231. shares ; and that the remainder of the shares unparalled case, and the answer was as unexampled ILI the deed of is. in the pound. The court had power to deal we were on our return voyage from the Mores. Chicago; and 14 dole 25e. to 14 dole. 50e. for extra
be left at the disposal of the directors. Application was GM itself. The answer with respect to the Hull and Selby with the case apart from the penal clauses, which, in ge- I was standing at the helm, steering the vessel, ditto. Prime is steady but inactive at 5 dole. 50e. to
accordingly made to parliament for authority to make then Preference Shares was of a similar character. He should nerd', had done harm rather than good, by fettering the about half put eight o'clock, the ship then being off Faro, 6 dole. 25c. Prime mess is steely ; for a large lot of Chi-
extension railways and the bill passed in June, 1846. Scrip not attempt to meet this defence by serious argument. discretion of the court. on the Portuguese coast, when I saw thecaptain, who is now cago 21 doll. was declined. Beef hams are very firm ; sales
was issued to the shareholders for 37,950 of the new shares, Were it not for the enormity of the transaction, the defence His Honour said he would take time to consider the a prisoner, go to a locker, and open a tool-chest, from which of 70 bble. at 16 dole to 15 dots. 50c. Dressed bogs are
but from some neglect the scrip in respect to 20 shares was would excite a smile. In conclusion, the learned counsel case, and if there was a doubt in it he felt that he ought he took an augur, and commenced boring with it. I saw the heavy at 81c. to 81e. Pickled meats are scarce and wanted,
not taken up, and certificates therefore were only issued stated that the decree he asked for was, that the plaintiff not to find the bankrupt guilty under the penal sections. captain bore three holes, underneath his bed cabin, in at 10te. to 11c. for hams, and Be. to Sic. for shoulders.
for 37,930 shares. At that time the defendant held 71 60J. should be required to refund the company the amount he But if facts were brought before him he could not shut his the ship's side, in the cabin, and below the water-line. The Bacon is very quiet at etc. to llc. Lard is heavy. Sales
shares and 366 251. shares, by virtue of which he was esti- had gained by selling the shares in question ; that the value eyes to them. The case was certainly not one in which an water ran in through the holes between the skirt and lining of 150 bbls. new at 12e. for Western and 121 c. for city, and
tied to have 226 of the extension shores allotted to him, and of the shares the price obtained (tor which had not been immediate certificate could be expected, and if the bank- of the vessel into the hold. At twelve o'clock the watch 1,000 kegs prime old at 12e. Butter is very plentiful and is
accordingly scrip was issued to him for that number of ascertaiued be charged against the defendant at the market rapt did not come within the penal sections, his protec- was called, and I told all bands forward what the captain inactive, at 19c. to 24c. for Western dairy, and 16c. to 19e.
sham in the ordinary manner ; but independent of that, price of the day he obtained them ; and that he be required lion would certainly be refused for some time, had done, and they said " Nonsense." I replied, " You for Ohio. Cheese is dull and heavy at Bc. to 81c.
in July, 1846, defendant directed scrip for 250 more shares to pay the interest on the deposit and calls from the time - will see that lam quite right." At 4 o'clock the watch Molassza.-60 hhds. Muscovado wild on private terms.
to be allotted to himself, and Mr. Gray, the secretary, they became due to the time he actually did pay them. • INSOLVENT DEBTORS' COURT.-YESTEBDAT. was called, and pumps sounded. There was five feet water WOOL.-The demand is active, mostly on speculation.
proved that he made the transfer in the books to Mr. Rout:all Palmer followed and was proceeding wth Beene Me easonsnossa law. in the hold, and one of the men said, " That's true, Bill, We notice sales of 7,5,000 lbs. domestic fleece at 45e. to 55c.,
.
the defendant by the order of the defendant alone. his argument when the court roue what you said, we worked at the pumps from 4 till 12, but and a few at 65c. The stock is now under 600,000 lbs. •
By reason of the large dividend promised in re-
IN Till Mersa or WILLIAM POMFRIT. the water continued to gain on us, and the captain said, it Pulled is active at 38e. to 48c., at which 120,000 lbs. have '
spec: of the new shares the scrip immediately eons- COURT OF QUEEN'S BENCH.-YEsTERDAT.
This insolvent, who had kept the Railway and Commer• was a bad job. We saw the water getting higher and been sold, the arrivals having been largo since our last ,
mended a high premium in tee market, and at the time Stress.. AT NwS Pairs is Loewe.-Bspou Me. Jenne CAMP. This
Hotel, at Blackburn, applied to be discharged from higher by the rod. At day light the next morning we got report.
defendant received 2CO of the 210 shares they were at a pre- no AIM • Coors hill% prison• the boats out b the captain's order. The yes- HAVANA, Die. 29.
melts of 121. 12s. GI., and when he received the other 50 Ilexes v. Briton AND ANOTKID.-Tua EIRNE BAT Mr. Sargood opposed for Messrs. Rime, music-sellers, at set appeared to be filling. The Captain got into Business in sugars is small, and the stock insignificant.
shares they were at • premium of 121. 10s., making the AYENDMiNT Ace. Liverpool. Mr. Dowse supported. the dingey alongside the ship, with an adze in Contracts have been made for new sugars at 45 for cu-
rvet altogether realised by the defeadant on these 250 The plaintiff in the) elite is a parliamentary agent in The complaint against the insolvent was fraud in making his hand, and cut the larboard port out, and then ordered eumchos, 6to 55 for browns, eto 65 for yellows, and Bto
shares 3,141., which was the first item that the bill charged Spring-gardens, and the action was brought to recover away with considerable property. He was before tne court the ship to be turned astern and cut away the starboard 81 for whites. The supplies of new molasses are scarce,
the defendant with. About that time the defendant thought 1001. 10s. 104„, being the amount of costs out of pocket to in December, and made a statement in his schedule re- port. The dingey was then aloe 'After the ports Were cut at 3i to 35. The demand for vessels now is small, in con-
it right to involve the other directonen the same system as which the plaintiff had been put in promoting a bill in par. specting Mr. 8011, en attorney at Blackburn, and Mr. out all hands took to the boats and palled away for Faro. sequence of the limited amount of produce at market.
himself, and he accordingly directed scrip to be issued to Hameln for amending the jurisdiction of the commissioners Chamley, a sheriff's officer of the same place. He was re- The vessel went down about ten minutes after we left her. When the new crop arrives, a scarcity of vessels and higher
them beyond their just and regular number. Two of the of Herne Bay. quested to procure the attendance of those two parties, and In answer to questions by Mr. Yardley, the witness said freights are anticipated. Freights-we quote to Cowes,
directors refused to accept the shares thin irregularly It appeared that the let of parliament under which the he nee ordered to send them a copy of the statement in the the ports were about ten inches out of the water when the Falmouth, and a market-21.; to Liverpool, 21. ss. Mo-
issued, but the other directors did accept them, and 600 Paving eommisoioners of Herne Bay acted did not include schedule. Both Bell and Chamley had been suhpeoued on captain began to cut them away, and the vessel filled lasses, 50s. Sterling Exchange on London, 115 premium.
were issued to them, and 20e shares were issued to Mr. the whole area of the Lower Town, and by the bill now in the part of the insolvent, but as their expenses rapidly after that and began sinking-indeed, she sunk New York and Boston, par to 5 discount.
Richard Nicholson, the brother-in-law of Mr. Hudson, question it was proposed to extend their power to the whole to London were not paid they refused to attend. almost immediately afterwards. All handagot safe toFaro. MATANZAS, Dee. 27, 1953.
Nicholson being entitled to no scrip at all. There were also town. The plaiutiff had communications upon this subject They had, however, forwarded affidavits, which were Mr. Yardley-How did you see what was going on below ? Oar market is bare of sugar. 'The weather is change-
with Dr. Stokes, and also with Mr. Burge and Mr. now read, and in which they merely stated that Witness-I was standing at the helm. The cabin was able, and grinding has stopped. A few boxes of new have
1,145 sham issued to persons who were believed to have
done service to the company, and 9) shares were issued to Newton, the defendants, who were all three acting commis- the statement made by the insolvent in his schedule was right under me. I looked through the skylight. I could arrived. Of the new crop of missies, two cargoes have
correct some inaccuracies. The „115--b oetiou of the act simnel for the town ; and in consequence of these comma- false and untrue. According to the insolvent's account he see everything that passed. The cabin floor was below the been despatched, and a few others are loading at 3 riots.
required that all the shares should be entered in a book nicatiocs they undertook the conduct of the bill through consulted Chamley about his affairs, and he took him to water line. The first time he communicated anything Receipts are very light, and no freights are offering. Some
and signed by the chairman ; but there was no entry in committee. 't his took place near the end of the year 1649, Bell, who got him to write in • book with different inks and about the sinking of the ship was a fortnight ago last vessels have left for Gulf ports.
any book whatever of the issuing of the 2,50 scrip certifi- and, according to the plaintiff's evidence, the whole of the different pens, and also to give him a promissory note for Saturday. NEW ORLEANS, JAN. 1.
Gates to the defendant. Then the defendant ordered the communications were based upon the understanding that 1911. 16s. 10d., on which an action was brought and judg- Upon this evidence the case was remanded. Teeter being a holiday,
. there is in consequence nothing
home of 150 other shares-50 of them to his private the whole te dy of the commissioners were in favour of the meat obtained, and on which a bill of sale was given. The
Frederick Butler, John Smith, and James Mitchell were
LAMBETH. doing. Parties are anxiously awaiting the steamer's
men:my, Mr. Cleo, and 100 to • gentleman of bill: but this turned out not to be so, and some of them insolventalleged that the property was to be divided among
examination on • charge ot bur- vices. The receipts of cotton have fallen off, the arrivals
ad-
the name of Andrews, the latter of whom, however, actually opposed it by petition. Another petition in oppc- his creditors, but no division had taken place, nor had be
glazionsly breakin into the premises of Mr. Prince, a this week being only 37,000 bales. Freights have declined;
brought up for further
cotton to Liverpool, Id.
had some shares in the company. It appeared that defend. titian was presented by the ratepayers of the Lower Town, received any
_proceeds of the property, which was worth up -
jeweller in the Weirworth- d, and tear therefrom
ant promoted a scheme called the Whitby Building Society, who uojected that the commissioners were in debt to the wards of 3001. The insolvent, alter keeping out of the way,
pert to the amount of 7001. CHARLESTON, DEC. 31.
Whitby being one of the termini of the railway, and, is extent of 5,0001., and that the new bill, "by extending the and getting 651. on a bill of exchange he had from a debtor, a mg pro-
Atter the reception of some further evidence the magic- The sales of cotton to-day were 1,500 bales, at Bto 95e.
order to induce person to subscribe to this society, was area of taxation," would include the petitioners in the ja- came to London, and was arrested in consequence of an
totes discharged Butler and remanded the other prisoners. The stock at this port is 25,000 bales. The receipts at all
bountiful of the capital of the company, and he directed risdiction of the commissioners, and make them liable to anonymous letter his own accountant sent to get teem into the southern ports, op to this date, have been 400,000
100 shares to be issued to Mr. Andrews, who was the meld- Pay this debt. The consequence of this state of things was, prison. Messrs. Hime, who had arrested him, were credi- bales. The market is firm at 95c.
tut of the building society, and 30 shares to Mr. Close, that the bill failed in committee. tore for a pianoforte to 36!., and their debt had been in- PROVIDE:4CD, JAN. 1.
who was a subscriber to the society. These were two small In the course of the case it was shown that a document creased an additional 191. for law costa. The sales of cotton for the week were 1,500 bales. The
transactions, but he had now to call his Honour's atten- had passed between the parties, settling the terms upon After the affidavits of Bell and Chamley were read, MARKETS. market remains firm, at previous quotations. There is a
Lion to abstractions of shares by hundreds at • time which which the p:eineff was employed. By this he agreed to denying in general terms the statement on the schedule, good demand for wool for the season. Manufacturers are
were made by the defendant, issued by his sole authority, undertake the bill, and it it failed to receive the costs out be declared he had not spoken a word of a lie about COTTON.-Liezerooro, JAN. 17.-The sales of cotton generally well supplied for the present. Prices are firm.
some to himself, some in the name of Mr. Close, some in of pocket, and if it passed he was to be paid according to them. to-day are estimated at 10,000 bales, and comprise about The sales for the week have been 68,000 pounds. For print-
the name of Mr. Nicholson, his brattier-in-law, some in the the provisions in the bill ; and several other stipulations Mr. Commissioner Law, in giving judgment, said that, 7000 American (2,000 of which have been taken on specs- ing cloths, the market is firm, and prig tend upwards.
names of the agents and brokers through whom they were were made. according to the insolvent's own account, Bell and Chant. 'anon), 700 Persians, and Maranham, sed. to 7d. ; 2,000 There are no goods in the market, every lot being taken
sold, and some in the names of the clerks of the York Union On the part of the defendants it was objected that this ley had helped him to cheat his creditors, and he admitted Bahia, old. to 65d• ; 200 Egyptian, 6d. to 9d.; 600 Surat, up as soon as offered. Sales for the week, 62,100 pieces.
Banking Company, of which the defendant Was the chair- document required a stamp, but this objection having been that he afterwards ran away with 651. in his pocket. Mr. 35d. to 45d. ; 130 Sea Islands, 20d. to 2s. 25d. The market
man. The defendant, he should observe, had the custody over-ruled, it was further objected that the agreement to Bell and Mr. Chamley had had the indiscretion to make closes with some animation, and, compared with Friday's
of the seal ; the scrip certificate* were merely printed pieces do the work was with the commissioners as a body, and affidavits? not wishing to come to London, and in his (the rates, prices of all kinds are much the sameeexcept in Ame-
SHIPPING INTELLIGENCE.
of paper impressed with the seal of the corneas'', and the that they were to be liable in their corporate capacity, tad Commissioner's) opinion had strengthened instead of weak- nun, s!d. to 65th., which are a point dearer.
defendant, having complete control over the servants of the not personally. That neither Mr. Burge, nor Mr. New- ening the insolvent's statement. The insolvent was cer-
company, had the power of issuing scrip certificates when. ton, could be bound by it personally, and, even supposing tainly not the worse for those affidavits, as they contented CATTLE.-Coeettaseza, Jan. 16.-There was a tole- SEABORNE MAILS.
byttitsulter that the mails ere sent AI the General Poseoteee
ever be thought proper to do so. On the 15th Oct., 1846, them to be individually liable, there was no pretence fur themselves by stating generally that this story was false. He rabty good show of Sheep, and sales were not difficult, at
100 shares, numbered from 36,382 to 36,481 were issued by picking out these two gentlemen and suing them as joint looked upon it as a conspiracy to cheat the creditors. The last week's rates. The greater portion were sold before the t-and Mby the monsing-easpatch.l
direction of the defendant to Francis Taylor, a clerk in the contractors insolvent was not without excuse ; his conduct had been close. There was a limited supply of Beasts, and fat ones Diewbea mediae ran what When
Union Bunk, and Taylor, in his evideuce, stated that he His Lordship was of opinion that there was no evidence anything but that of an honest man. His Honour pro- met with an eager demand, the best qualities realising 00UNT11118. In Cleaseal Poet. Port ,' du, in
Olin London. deepotehed. 'England.
sold them for the benefit of the defendant at • premium of upon which the jury ought to act, and he therefore non- nounced a judgment of fourteen months from the vesting rather advanced prices. Fresh and lean stock were more - -
161. per share, the defendane therefore, reaping a profit on suited the plaintiff, but gave him leave to move the court. order. free in sale than of late, but with no particular improve- esateina(Mßelt.parketi Jon. 21 ...... -...... Ureepece...... Jan. 34
this transaction of 1,600/. ' • but defendant did not pay the Copper? v. Loan TRURO.-ACTION AGAINST Tun LATE meat in value. The Pig trade was firm at former rates. hetestla{bTUnlted Sto
deposit on the shares until 26th December, 1846. On the LORD CHANCELLOR FOIL REFUSING A WRIT OP HABEAS Good milch Cows, none.-Supply: Sheep and Lambe, gadget) -.-.. N Jan. t)».........».. Devepee Jan. 20
13th November, 1846, another lot of 100 shares were issued, C 0111.1711. THE POLICE COURTS. 2,020; Beasts, 160; Pigs, 190; Calves, 12; Horses, 40. i anerioneyteetateseele ....... loatbamploa
on this occasion to the defendant himself. What he did This was an action founded upon the 10th section of theMerallateialnatkaav
HINKLEY (LEICESTERSHIRE) FAIR, Jan. 17.-The sup- teeo
with these shares they had been unable to ascertain, but the weal-known Act of the 31st of Charles 11., to recover a MANSION HOUSE. ply of bullocks for stall feeding was very extensive, the enseattnera*,..eettemeilim oLN 24th of lax wrath Dover ..Arrived
premium being then between 11!. per share and 16!. 17s. Gal., Penalty_ of 5001. from Lard Truro, for having refused to John Strome" alias James Stewart, was brought before demand for which was brisk, but we have no further ad- -e-eraner --s- - ''''''''w 2nd of February... Plymouth 1r.,, 2,1
the profit on them to him would be a sum between 1,1001. grant Mr. Cobbett a writ of Habeas Corpus. the Lord ?Moyer upon the charge of haying defrauded Mr. vance to notice in prices, but breed and quality were first emesifeet-easet."-1 .; .. 34.-- krdceae emu, Plyweath-e- ; -tretr.. -12-
W. M. Wright, druggist, of Leadenhall-street, of the sum rate, and all were sold. Barren cows were eery saleable, alezandrise
and 1,0701. The plaintiffs' clnim was in respect of 200 Mr. Cobbett appeared in person, and Mr. Wilds was for
with an upward teadeney. The young growing Beasts were Neil= ...- -...--111" leiteleWnlianin "tau'
!)Duet shares issued by order of the defendant to Mr. Close, en Lord Truro. of 171.25. 61. ,Jan. IS
Deny
the Gth November, 1846, which were sold by Mr. Brown, Mr. Cobbett opened his ease to the jury, and then got Mr. Wright said in June, 1850, the prisoner came to me in scanty supply, but the continued wet weather created a .Hassel •:.-;-..........11 eth of Me meth acetthezwton , Feb. In
&stock-broker, at a premium of 151. 10s. and 161., the profit into the witness-box and gave evidence to support his state• to inquire where he could dispose of a blue colour which he great check in the demand, and one half of them were .
.........eteenoi.eyne.. - .N oh et cis Nash* Sowthampton Feb. le
to Mr. Hudson on that transaction 'seine 3,1251. In this meat. On cross-examination he stated, that he would not bad ustented to take the place of indigo. I had several in- geld, but prices have undergone little or no change.un
ease, also, the deposit of 11. per share was not paid until swear that he had not within the last 10 years been brought terviews with him, and he spoke of the secret of the menu- This fair is noted for the supply of milch and i Carr lvetood Rope...N 14thed them oth Sonthampton..Jan. 26
the 26th December, 1846, and at the time they were sold a up 212 times upon writs of habeas corpus, but very much facture, and said that he was not in possession of the funds in-calt cows of the York and Durham breeds, Cssilchn:tan let. ..... ....r, 1,...0 die
math . "Pt°l6jJan.an. II;
Gall of 41. per share had been made, which was not paid by the greater number of those writs were to attend upon other which would be necessary for carrying it into operation. I the supply of which was extensive, and good In quality, canal Amens M taihnlartenath lamthalaMet.'!lsa. 16
the defendant till the 19th July, 1847. The learned come matters, and not to be discharged. He had had about 30 rtly entertained the thing, had several interviews with most of which were bought by dealers for the London and Moo' Isles ----It Mes.„ll eowthaaptee.fla TO.M.
eel then gave a list of other shares issued in writs to be brought up to apply for his discharge, and he him upon the aubjeet, and after a time an agreement was other markets ; those in full profit with calves by their side, etitn..-....-.......z.e.N ennui moan Somasageea.,,lan. 16
like manner by direction of the defendant to vs, had been as many times improperly remanded drawn up between us, of which I have a memorandum, at 181. to 211.; in-salvers, 14!. to 181. each. heT demand easonermage;;;;;,.........-%.114, I.4teddidmat&alaaa- DC.vieDgeor "*"............ Jac. 20
212.1"..
riots parties, and sold for the benefit of the His lordship directed the jury that the provision in the which was signed by him in the name of James Stewart, for Sheep was brisk, and, owing to the short supply, all
defendant, the number of shares so dealt with in addition Habeas Corpus Act upon which the action was founded but without a witness...--11 tuna, It Friday London
were quickly sold; the top wether. 40s. to 46..; wether Bind ................11 Weems. It Bate. Loadom can.
to those already named being about 4,4001. and the Auer- only referred to persons in custody for certain crimes, but The Lord Mayor having looked over the memorandum, heggets, 365. to 385.; ewe hoggets, 30e. to 345. each. Young fludaree .........,,..,N Ink MIMI mesa Sou a. Jas. 16
Mined profit derived by Mr. Hudson from these transac- the cause for which Mr. Cobbett had been in custody was said the offence of the prisoner was not cognizable before a Horses of all sorts were - I after, all promising- L11111.L,,••••••,,,......--alaa.ll 14.1.211,dagi.,11:Za: ,E 1.1,,,thYhr••,,, - Tin, 'VII',
animals being high remain e prices the idlers. Pip, teata'-`eevia m=jlt -sthereareemeth so.-;;;-...%- : Feb.aa.
1--
eagraeruevs ought
to
tions, besides the sum already stated, being about 28,0001., not a crime within the meaning of the act ; and therefore magistrate;
in addition to the premiums on two lots of 400 shares each, he was not entitled to recover the penalty for which he It was here stated that the prisoner had been some time from the quarter old store to the bacon hog, in good de- India (via owe ee
the amount of which had not been ascertained ; but it was sued. ago prosecuted for having obtained money under false pre- mend, prices having a tendency to rose. -
estimated would amount to several thousand pounds more. The jury gave a verdict for the defendant, and Mr. Cob- tences from other tradesmen, under circumstances somewhat
stoNreoceawturces,trJadane.
tray
be
our
consideredmket exhibited
uiteisgo%v,eryandtez mailaamtiamematnea• ••••••
Howe ......... .........N 14th of the month erentharepton.,Jan. 26
„a...,..
_mosa..ll 14th of the month eristleapton. Jan. 26
In ieveral ems the deposits and the calls had not been bett intimated his intention to tender •a bill of exceptions to similar, and had been sentenced to 12 months' imprison-
paid when the shares were sold, but were paid by defendant his lerdahip's ruling. mint. sold. Fat Beasts • large show; trade dull for abort horns, at - -le lead the wet* Sealhowston. Jan. 24
The Prisoner-My lord, I had 12 months with hard from 615 to 6s. 6d per stone. Prime Scots, 7s. per stone' of lindee.-......- ......... et the math nommempten.
IVV:falearestliss) ...I4 Staktethotwoath Dews-
__. - Feb. 1
Some time afterwards ; and it was aought to charge him -
Feb.l
with interest from the time at which he sold the shares COURT OF BANKRUPTCY.-YESTESDAT. labour, and I consider that I hays paid at a dear rate for 14110. ;. at tese. prices many lots were marked un- Medics ••••-•••••••••11 Maned elm& flelitilleeleto Arrived
and received the money for them, and the time at which he Bayou Ma. Conewaeosa Goeuwax. the oftenos.
paid the deposits and the calls. Four hundred of the IN RE Bret'. The officer who apprehended thesold for Smithliekl. The weather was greatly against lianas le 1 Yallha_, faholl_..2h eeeee
Prisoner said-" Upon the trade. Of hoggets the numberpenned ......-.........
ait'iti e'''at """"' its. So
shares thins erred were in the name of Mr. Waddington, The bankrupt, Edward Butt, was a lumen, of New- searching him I found a check in his pocket for 501. upon were un-
usually large,' in fact,--a
clearance could not be made with- ilielimepepalgtee;:e" ';:"....";;;;;es sSthtbiteSesest°2steortk°l•l2osso Dover e""" jam' 32
who had been examined, and who said that "in November, eastle-place, Edgware-road. This was the certificate mete the London and Westminster Bank, and upon inquiring o_sut_
_a reduction of from 6:1. to he and, in some instances, puma ...............et fthlkhrtletrien Southampton. Jac.
2126
1847, the defendant asked me if I would sell shares ing. The accounts, prepared by Mmes. Harding anal at that bank I have been informed that it is not genuine." 1 lid. per head • even at these prices buyers were very can- Peru... ... -.....11 2aUsl7thofamelo Southamptos. Jan. 16
for him. The tholes were sent to me by Mr. Butler, extended over about two years prior to the failure The check was here produced. It was signed, "Charles tio,tis. Fat Sheep, 7s. 6al. to Bs. per stone, with a dull sale. Tomei"... ....II StalOtaMtadawe Dover
Close, the defendant's secretary, and I ;then first became in August last. He owed to unsecured creditors 1,6261.; Price," and made payable to "Mr. Stevenson." Good store Pigs, Ws. to 20s. per head. iat Pork, 5,. 6d. Mem ladtm •••••••••••31 Udklit"famear"tham*Wa• JawAti
aware that the shares were standing in my name. the units were estimated at 5281. The accounts commenced The Lord Mayor-How can you account for the posses- to 6s. 6d. per stone. Vaa 's
Mwata laud (we
n . • n•••• Ann n *Ma &trona nhaboir ) Ambella)
- •

Mr. Bethel] stated that this way a suit instituted by the
plaintiffs, the directors of the York and North Midland
Cowpony, for the restitution, by the defendant, of the Table
of a nuuther of shares Leionging to the company which h.
Lad impropetly disposed of fur his own benefit. It appeared
that in leg the defendant was the Chairman of the direc-
tors of the York and N-rth Midland Railway Company,
and, as appeared by the evidence of Mr. Gray, the secre-
tary, had great power over the company, and frequently
gave orders on his own sole authority, and the officers and
servants of the company were in the habit of implicitly
obeying his directions. His Secretary, Mr. John Oise,
was likewise in the habit of giving orders, which were also
obeyed, as coming from the defendant. In 1816 the com-
pany determined to extend the area of its funtdons, and at
a meeting held on the ltith January in that year, Mr. Mad-
ison in the chair, a resolution was vatied authorising the
directors to apply to parliament to construct a line from
York to Beverley, with a branch, and from York
to Leeds by way of Aberford end Tadeaster, and
that foe these purposes the director be empowered
to raise 1,250,0801. additional capital in 50,000
shares of 254. each, to be culled the East end West Riding
Extensions ; the scrip to be immediately issued and 11. de-
posit on each share to be paid ; 37.930 of such shares to be
allotted to the proprietors of the York and North Midland
is the proportion of one new share for every 501. share, of
every two 251. shares ; and that the remainder of the shams
be left at the disposal of the directors, Application was
accordingly made to parliament for authority to make these
o:korai railways and the bill passed in June, 1846. Scrip
was issued to the shareholders for 37,910 of the new share%
but frae some neglect the scrip in respect to 20 shares wag
not taken up, and certificates therefore were only issued
for 37,030 shares. At that time the defendant held 71 SOL
shares and 3ti6 251. shares, by virtue of which he was enti-
tled to have 224 of the extension shares allotted to him, end
accordingly scrip was issued to him for that number of
shares in the ordinary manner ; but independent of that,
in July, 1846, defendant directed scrip for 230 more thane
to be allotted to himself, and Mr. Gray, the secretary,
proved that he made the transfer in the books is
the defendant by the otder of the defendant slate.
By reaeon of the large dividend promised in re-
spect of the new sheets the scrip immediately com-
manded a high premium in the market, and at the time
defendant received 2CO of the 210 shares they were at a pre-
mium of 121. 12e. GI., and when he received the other 60
'hare* they were at • premium of 121. 10s., making the
profit altogether realised by the defeadant on these 250
shares 3,1501., which was the first item that the bill charged
the defendant with. About that time the defendant thought
it right to involve the other directon in the same system as
himself, and ho accordingly directed scrip to be issued to
them beyond their just and regular number. Two cf the
directors refused to accept the shares thus irregular]y
issued, but the other directorsdid accept them, and 600
were issued to them, and 203 shares were issued to Mr.
Richard Nicholson, the brother-in-law of Mr. 'tuition,
Nicholson being entitled to no scrip at all. There were Lho
1,145 shares issued to persona who were believed to have
done service to the company, and 9) shares were issued to
correct some inaccuracies. The I15:h section of the act
required that all the shares should be entered in a book
and signed by the chairman ; but there was no entry in
any book whatever of the issuing of the 250 scrip certifi-
Gates to the defendant. Then the defendant ordered the
ism. of 150 other shares-50 of them to his private
secretary, Mr. Clore, and 100 to a gentleman of
the name of Andrews, the latter of whom, however,
had some shares in the company. It appeared that defend-
ant promoted a scheme called the Whitby Building Society,
Whitby being one of the termini of the railway, and, in
order to induce perverts to subscribe to this society, was
bountiful of the capital of the company, and he directed
100 shares to be issued to Mr. Andrews, who was the archi-
tect of the building society, and 30 shares to Mr. Close,
who was a subscriber to the society. These were two small
transactions, but he had now to call his Honour's atten-
tion to abstractions of shares by hundreds at • time which
were made by the defendant, issued by his sole authority,
some to himself, some in the name of Mr. Close, some in
the name of Mr. Nicholson, his brother-in-law, some in the
names of the agents and brokers through whom they were
sold, and some in the names of the clerks of the York b'nion
Banking Company, of which the defendant was the chair-
man. The defendant, he should observe, had the custody
of the seal ; the scrip certificates were merely printed pieces
of paper impressed with the seal of the company, and the
defendant, having complete control over the servants of the
company, had the power of issuing scrip certificates when-
ever he thought proper to do so. On the 15th Oct., 1846,
100 shares, numbered from 36,382 to 36,481 were issued by
direction of the defendant to Francis Taylor, a clerk in the
Union Bunk, and Taylor, in his evidence, stated that he
sold them for the benefit of the defendant at a premium of ,
161. per share, the defendant_, therefore, reaping a profit on
this transaction of 1,600/. • ' but defendant did not pay the
deposit on the shares until 26th December, 1846. On the
13th November, 1846, another lot of 100 shares were issued,
on this occasion to the defendant himself. What he did
with these shares they had been unable to ascertain, but the
premium being then between W. per share and 161. 17s. 6i1.,
the profit on them to him would be a sum between 1,1001.
and 1,0701. The plaintiffs' elnim was in respect of 200
shares issued by order of the defendant to Mr. Close, on
the Gth November, 1846, which were sold by Mr. Brown,
a stock-broker, at a premium of 13/. 10s. and 161., the profit
to Mr. Hudson on that trio ;action being 3,1251. In this
ease, also, the deposit of 11. per share was not paid until
the 26th December, 1848, and at the time they were sold a
call of 41. per shar had been made, which was not paid by
the defendant till the 19th July, 1847. The learned cows-
eel then gave a list of other shares issued is
like manner by direction of the defendant to no
dons parties, and sold for the benefit of the
defendant, the number of shares so dealt with is naididien
to those already named being about 4,4001, and the Sae&
tithed profit derived by Mr. Hudson from these trams,-
tions, besides the sum already stated, being about 28,0081.,
in addition to the premiums on two lots of 400 shares ewe,
the amount of which had not been ascertained ; but it was
estimated would amount to several thousand pounds mere.
In several ewes the deposits and the calls had not boon
paid when the shares were fold, but were paid by defendant
some time afterwards ; and it was sought to charge him
with interest from the time at which he sold the shares
and received the money for them, and the time at which he
paid the deposits and the calls. Pour hundred of the
shares dins issued were in the name of Mr. Waddington,
who had been examined, and who said that " in November,
1847, the defendant asked me if I would sell shares
for him. The tholes were sent to me by Mr. I
Close, the defendant's secretary, and I ;then first became
aware that the shares were standing in my name.
I never paid any call or deposit on any of the shares. I
was called on by the defendant to execute the transfer, and
I received the purchase moneys for the use of the defen-
dant, to whoa* account I paid the sawn I never received
any dividend or other benefit in respect of any of the shares
comprised in the transfer. At the respective dates of the
transfers, the defendant was, as I believed, beneficial
owner of the shares, and he asked me to send them to my
brokers, as he had sant a great many to his, and if he NM
these it might affect the price in the market." The leaned
counsel thea adverted to another series of transaction of a
similar character with regard to the shares of the Hull and
fielby Railway. At a meeting of the York and North Mid-
land Company, held at York on the 20th October, 1851, M
was resolved that 62,950 shares of 251. each be issued and
allotted in the proportion of one share to every holder of •
501. share, and one share to every holder of two 2.51. shares
in the York and North Midland Railway; that 21. on each
such new share be paid up on or before the 2nd December
then next, and the remaining 231. by instalments
on or before the let July, 1850 ; and that a dividend
of not less than 6 per cent. on the amount paid up on the
new shares be guaranteed until the completion of the Hull
and Selby purchase, after which they should participate
equally with the other shares of the company. The num-
ber of shares to be issued was 62,950, and the number re-
quired to satisfy the shareholders according to the allotment
agreed upon, was 68,014, which would include not only the
sham actually issued, but also the Zeeland West Riding
Extension shares, and therefore would iodine the large
amount of Last and West Biting Enemies the., which,
as alleged in the bill, had bees irregularly hewn by the
defendant ; but at the time this remlution was pealed, the
greater number of those shares had not been issued. There
was thus a large amount of surplus shares to be disposed of.
Of shese shares the defendant had 100 allotted to himself,
by reason of his having 200 East and West Riding Ex-
tensions, which he had, as the learned counsel contended,
improperly obtained. They were issued to him in Novem-
ber, 1848, and at that time they bore a premium of 101. per
share in the market, or that the amount of the
claim now made on the defendant in respect of those 100
shares was 1,0001. Then there were 624 shares improperly
'aimed to Close. and a claim was made in respect of them
also of the premiums, which would amount at the time to
62.51. Then there were 400 shares, issued in the name of
Wilkinson. sold at a premium of 4,4511. ' • 50, is the aans
of Clout, sold at an aggregate premium of 5601; 3110, la die
name of Wilkinson, sold at an aggregate prosolum of
2,9621. 10s. ; 100, in the name of Waddington, dinned of
at a aggregate premium of 2,4004; 30u, in the mama
George Wade, a clerk in the Union Bank, disposed of at
an aggregate premium of 1,8181. 15s. ; and 300 in the name
of Baker, disposed of at an aggregate premium of 1,8611. 6s.''
All of which sums were now claimed of the defendant as
having been improperly obtained by him. It would be
unfair to the delant, Wad also to the plaintiffs, to
omit to state what was his defence to these
maims. The drat part of his answer consisted of
a very extravagant eulogy of his own [acts and
services in managing the plaintiffs' affairs. Then he com-
plained that his salary and nmuneration were inadequate,
and then he went ea to state that be had devoted a great
portion of his time sad attention to the affairs and interests
of the company, and by kis extensive experience of railway
matters he had conferred on the plaintiffs eminent advan-
tage ; that by reason of the good opines that was enter-
tained of his &Sill and judgment ho had acquired great in-
fluence among his codirector, and over the servants sad
officers of the company ; and that by the resolution white
wee passed in the month of January, 1816, by which a
quantity of shares were left to the disposal of the directors
(and whirls, as the learned counsel stated, were afterwards
made by the act of parliament part of the capital of the
eempaay), he said that in moving that resolution he ex-
pressly stated that the directors recommended the share-
olders that a certain number of the shares should
be allotted to the landholders of the district
through which the line was to paes, ocoortuog to
free disontioa of the den, which re„

COURT OF BANKRUPTCY.—YssrEaDAT.
Bayou Ma. Cominanossa Gornecne.
IN an Ever.
The bankrupt, Edward Butt, was a laceman, of New-
castle-place, Edgware-road. This was the certificate meet.
ing. The accounts, prepared by Wears. Harding and
Butler, extended over about two years prier to the failure
in August last. He owed to unsecured creditors 1,6261.;
the mete were estimated at 6281. The accounts commenced
with a capital of 2711. ' • his profits had been 7M.; losses,
6321. ; trade expenses, 6111. ; house and personal do., 1,0231.
Mr. Heed oppoeed for the assignees on the ground of ex-
cessive expenditure, imperfect bookkeeping, and reckless
trading. There were certain transactions wiUch it was con-
tended linught the bankrupt within the 3rd and the 6th of
the penal clauses. He had been bankrupt in 1811, when
in partnership with his brother. The capital of 2711. WAS
to a great extent estimated, as were the items put down for
expenditure. In examination at a former meeting the
bankrupt admitted having kept back a stock book from the
assignees, alleging, as a reason, that he thought it of no
value because a subsequent stock had been taken. His
examination had been adjourned sine die for the production
of this book; it was then found, and the bankrupt was
examined upon it. He stated that he had sold goods at a
loss of 50 per cent. on the materials, making the purchasers
a present of the price of making up. Ile admitted t'at he
was insolvent in the early part of the year, but went on
purchasing goods. Three new houses had opened in the
neighbourhood, and they were underselling one another.
To induce ladies to purchase he used to ticket
article, at coat price, and some made up articles at
half the coat. His expenditure had been more than
double his profits ; and the official assignee reported that,
the house and personal expenses were entirely unvouchcd,
bat such an amount had been put down at the end of each
month as was necessary to balance the deficiency. A fur-
ther charge was that he had contracted debts by fraud. He
admitted he was insolvent in February last ; hie purchases
from that time to the let of July had been 1,5661, while in
the corresponding period of the former year they had only
amounted to 1,1031. In April he had commenced selling
goods at half the cost of the raw material, and had con-
tinued doing so till the failure. His sales during that
period had been about 600!., on which he had incurred a
lees of 2371., being a lees of 50 per cent. on nearly half the
transactions. He attributed this to the competition, and to
the houses underselling each other. lie now owed Beers.
Leaf and Co. the assignee', 4361., having purchased of them,
since April, 4401 worth of goods, sad paid them only 9.i1.
So that, while he was selling at this sacrifice, he had in-
creased that debt 3501.

John Stevenson, alias James Stewart, was brought before
the Lord Mayor upon the chimp of having defrauded Mr.
W. M. Wright, druggist, of imulenhall-street, of the sum
of 171.25. 6J.
Mr. Wright said in June, 1850, the prisoner came to me
to inquire where he could dispose of a blue colour which he
bad invented to take the place of indigo. I had several in-
terviews with him, and he spoke of the secret of the manu-
facture, and said that he was not in possession of the funds
which would be necessary for carrying it into operation. I
partly entertained the thing, had several interviews with
him upon tho subject, and after a timo an agreement was
drawn up between us, of which I have a memorandum,
which was signed by him in the name of James Stewart,
but without a witness.
The Lord Mayor having looked over the memorandum,
said the offence of the prisoner was not cognizable before a
sirte.
was here stated that the prisoner had been some time
ego prosecuted for haying obtained money under false pre-
ttiness hem other tradesmen, under circumstances somewhat
similar, and had been sentenced to 12 months' imprison-
ment.
The Prisoner—My lord, I had 12 months with hard
labour, sad I consider that I have paid at a dear rate for
the assort.
The officer who apprehended the prisoner said—" Upon
searching him I found a check in his pocket for 501. upon
the London and Westminster Bank, and upon inquiring
at that bank I have been informed that it is not genuine.
The check was here produced. It was signed, "Charles
Price," and made payable to " Mr. Stevenson."
The Lord Mayor—How can you account for the posses-
sion of this forged cheek ?
The prisoner—l can easily :mount for it, my lord. The
fast is, a gentleman of the name of Souses owed me 601.
for an invention of mine for some time, and I happened to
sleet him yesterday and premed him for payment. He maid
he would get me a cheque for money that was due to him,
and he accordingly went into a house, and upon his return
to me handed me this cheque, and so sure was I that it was
genuine, I wasjast going to the Bank to get it cuhed,wken
Mr. Wright gave me into custody. (Laughter.)
The Lord Mayor—And who is Mr. Souses?
The prisoner—Well, my lord, I don't know who the
deuce he is. All I know is that he purchased the inven-
tion, and that he paid me with that cheque. Whether he
was imposed upon by some by some bad character, I em
sure I can't tell. (A laugh.)
The Lord Mayor—You don't suppose that you can im-
pose upon us by such a representation. This cheque is a
proof that you are getting into more dangerous experi-
ments than that for which you have been already punished.
The prisoner—l assure year lordship that my long and
severe imprisonment has caused me to reflect deeply on my
course of life, and I have altered very much, so that I
never think of meddling with other men's names.
The Lord Mayor—l shall remand you till Wednesday,
for the illegal possession of the cheque.
The prisoner who is a well-dressed fellow, with a_ good
address, was thin remanded to the New Prison at Hollo-
way, and
His lordship said it was probable that there would be a
numerous meeting of victims to tho "indigo Rig" on the
day of examination.
GUILDHALL.
Thomas Taylor, a young man, describing himself as a
printer, lately in the employ of Mr. Peel, of the New-cut,
Lambeth, was charged with being concerned with a man
named Stewart, now in custody, in committing a burglary
an the premises of Mr. Wilkinson, of 89, Watling-street, on
which occasion silk goods to the value of nearly 401. were
stolen from the warehouse.
It appeared tram the evidence by Serjeant Sheppard,
Ratcliffe, and Bleach, officers of the City Police force, that
from information received by them they went to No. 10,

The Onnoademer—What were Mesan. Leaf about all Bell's
-buildings, Salisbury-square, Fleet:street, where the
this doe, saw the prisoner. This was on Saturday evening, and
XL Rod sal he was regular in making small payments. Ratcliffe asked prisoner if he knew any one of the name of
Time must be confidence somewhere. To Messrs. tiro- Stewart, upon which prisoner said he did rot, but would
seat the ether assigneee, be owed 48.-11. • since April he make inquiry for Ratcliffe if he would call again. Accord-
lbed gineassed of them to the amount of 3001., and paid ingly Ratcliffe called again yesterday morning and found
Ilan gaily 761., thus increasing their debt 461. Other the prisoner had decamped from his le4.4ings, leaving a
lsh bad been increased in a like proportion. 1: was con- letter addressed to Ratcliffe, in the name of Smith, the name
hooded that a man without capital acting in this way could he gave the prisoner on first calling. The following is •
net be said to purehaee goods with the intention of paying copy of the letter :—" 10, Bell's-buildings.— Dear sir,—
he them. In Holthouse's case, Lord Justice Cranworth Having been called away upon urgent business, I humbly
had held that it would be difficult to frame a definition of beg that you will excuse me disappointing you;
fraud which did not comprehend the systematic buying of but I have made every inquiry about the man of
goods ea credit sad selling them at • lower price, and that the name of Stuart, and I am very sorry that
run a eseeillenle tto be refused, if ever, in such a case. I cannot give you any information respecting
On this
was
it contended that the bankrupt came the person, but those. parties that gave you my address are
within t e 3rd clause of the penal section. Since the bank- the most likely persons to give you that information which
ruptcy he had attempted to account for the state of his you require.-1 remain yours, &c., THOB. TAYLOS."—Ser-
affairs by fictitious losses thus bringing himself under the leant Sheppard, Ratcliffe, and Bleach, then proceeded
6th head of the same seCtioa. Ile had first claimed a loss to No. 3, Britannia-court, Whitefriare, where hey
of 1651. on certain goods, and had then admitted that it found the prisoner at breakfast, and, in the same roast a
was only 841. ' • the object clearly being to conceal from carpet bag, very similar to the one that was found is Yt.
the assignees that he had been making those reckless 'Wilkinson's passage, with hankerchiefs packed up reed, ea
sales. take away. The prisoner said he had left a letter for RA.
Mr. Lawrence, for the bankrupt, stated that the former cliffs at his lodgings, and Serjeant Sheppard then told Ma
failure had arisen out of the agency of the bankrupt and his he was charged with being concerned in a burglary, sad
brother for a large house. In this case the bankrupt had directed Bleach to take him into custody. The hatissais
no doubt gone on 100 long; but there was nothing pecu- denied all knowledge of the robbery.
llarly flagrant in the case. His trade was one peculiarly —Alonzo Lestrange identified the prisoner as having been
dependent on fashion and on the seasons ; a single wet at the warehouse of Mr. Wilkinson only a few days before
day might involve him .in a great loss. it was to be re- the robbery.
✓etted that Messrs. Leaf it'd not inquired more carefully Mr. Wilkinson &Ise recognised the prisoner as
tato the node in which the bankrupt carried on his buss- having applied to him three or four days price
ans. His payments had been regular, and his present to the robbery. Ile said he wanted a few losses
debts were in respect of recent purchases. There could be of handkerchiefs, which was not a trade term, sash
no proof that he was an honest trader, who moult goods being sold in pieces, and not in dozens. He
to deal fairly with his creditors. A frilbetemet the only said he was ping to Australia, and wished to take oat

COALS.-Lotworr, Jul. 17.-Ships at market, 390;
sold, 247.-Bate's West Hartley, 161. ; Buddle's West
Hartley, 16e.; Barnhope, 14s. 6d. ; Carr's Hartley, 161.6 d. ;
Hartlepool West Hartley, 16s. 6d.; Holywell, 18s. ; North
Percy Hartley, 15s. 6d.; Felton Main, 16s. ; Raveneworth
West Hartley, 16s. ; Ravensworth Pelaw, 15s. 6d. ; Smith's
West Hartley, 16s. 6d.; Stewart's Hartley, 16e.; South
Peareth, 14s. ; Tanfleld Moor, 16s. 9d. ; Tanfield Moor
Butes, 151. 6d. ; West Hartley, 16e. Wylam, 17e. ; Walls'
End Acorn Close, 16s. 95. ; Walls End Brown, 161. 9d. ;
Walls End Gibson, 16s. 6d. ; Walls End Gostorth, 171. ;
Walls End Harlon, 17s. ; Walls End Killingworth East,
16e. 6d. ; Walls End Lawson, 161. 3d. ; Walls End Morri-
son, 16s. 9d. ; Walls End Northumberland, 16s. 9d. ; Walls
End Notthutnberland East, 16s. 6d. ; Walls End Riddell,
16s. 9d. ; Walls End Walker, 16s. 6d. ; Eden Main, 17s. 6d. ;
Lambton'e Primrose, 17s. 6d. ; Walls End Belmont,l7a 6d. ;
Walls End Braddyll, 18s. ; Walls End Helton, 18s. 6d. ;
Walls End Haswell, 18s. 9d. ; Walls End Keiier Grange,
17s. 6d.; Walls End Lambton, 18s.; Walls End Lumley,
17e.; Walla End North Hetton Lyons, 17s. Bd.; Walls End
Panther. 17s. ; Walls End Plummer, 18s.; Walls End Rua
sel's Hetton, 184.; Walls End Scarborough, 17e. ;Walls End
Stewart's, 18s. 6d. ; Walls End WhitwcD, 161. 6d., Ifis.9d. ;
Walls End Cassop, 17s. 9d. ; Walls End Hartlepool, 18a. ;
Walls End Helton Hartlepool, 184. ; Walls End Heugh
Hall, 171. 6d.; Walls End Kelloe, las.; Walls Rod South
Hartlepool, 18s. ; Walls End South Kelloe, 17e. 6d. ;
Walls End Thornl, 17s. ; Walls End Nrhitworth,
16s. 6d.; Walls End Adelaide Tees, 18s. ; Walls End Cla-
wing Tees, 15s. ; Walls End South Durham, 17s. ; Walls
End Tees, 184.6 d.; Cowmen Hartley, 16s. ; Sidney's
Hartley, 161.6 d.

AMERICAN MARKETS.
NEW YORK, JAN. 4.

The exchange market is dull, and quotations tend down-
ward. Leading drawers of Sterling ask 91, but sell at, 91.
The range is 9 to 91 for first- deal signatures. Continental
exchanges are also dull.
Freights are dull, but firm. To Liverpool 300 bales cot-
ton, Id.; 50 tuns oil cake, 30s. ; flour, 3s. 6d. toads. asked ;
pain, 11d. OM& asked. To London, 3s. 9d. to 4s. asked
for naval stores; 31. 6d. tots. for flour. For London a ship
was taken up to load resin and turpentine at Wilmington,
at ss. To California there is a fair business doing. A3l
entire cargo of lumber, 200 M, was engaged at 45 dots.
The disbursement for dividends, interest, dtc., have not
yet reached the channels of trade, and consequently there
has been yet no marked change in the money market. On
call the demand is good at 6 to 7 per cent.. among the
stock houses, but the deposit houses are receiving at 5 to 6
per cent. The banks are not lending very freely. Paper
of first class is only in moderate supply and is passed at 6 to
7 per cent. The West is still drawing freely in this city.
Probably not less than two million of dollars were paid
out to-day for interest and dividends on various public
stocks, railroad bonds, &c. The Sub-Treasury disbursed
over half a million. Messrs. Winslow, Lanier, and Co.
paid on nearly forty different securities, which were, al-
most without exception, negotiated by that house during
the last year or two.
The receipts at the Sub-Treasury were 124,683 dots.
Paid, 34,177 dole Balance, 2,521,804 dots.
In the cotton market, the holiday time and the delay of
the steamers had prevented any active business, and the
transactions have been smaller than for some months past,
without any change worth notice.
Cor Torr.—The market has advanced ic., with sales of
2,500 bales, consequent on the steamer's news.
FLOUR •ND Masi..—Our flour market opened euies
under the less favourable &deices by the Pacific, but with
some abatement in freights the market assumed firmness,
with a better demand. Very little has been done for ex-
port, and there is little doing for the east or for the home
trade. Speculators have purchased all offering under 5
dots. 50c. for state, and this price is the closing price for
gammon brands. Canadian is inactive, and quotations

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sbe• fres
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Sop Erie yea ZIT= every ultorsate month for
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Frail pocket to Ilarssiba