The Northern Daily Times.
Liverpool, Merseyside, England, 1857-03-05 00:00:00

THE NORTHERN TIMES.--LIVERPOOL, THURSDAY.

had never been fully developedi He concluded by second- dealt With, involves some conflicting interests on the part
lrig_ the adoption of the resolution. - of the shareholders holding A and B stock exclusively.
Mr. Derbyshire stated it as his opinion, that no directors An impression exists, too, that the directors are not
(Jr officers could attend more to their duties than those con- holders of .A stock. It is for the interest of all that the
neet:4 with that company, and said he had the greatest matter should be so dealt with as not to set up hostile
elitfidence in every member of the board, feeling amongst the holders of the two classes of shares.
Both parties must be anxious to get rid of the heavy loss
LMra. Salisbury expressed the same opinion, and said that involved, with entire respect for the preference rights of
eu,'l7 8 n°t opposed to Mr. Bancroft, bat he was to his the one, and the contingent interests of the other.
_ ilr. He thought that if there had been any opposition We venture, therefore, to suggest to the board to pro-
..‘ll.,ne directors, it should have been made before the report ' pose, that at the approaching meeting the dividends
had been adopted at the last meeting. should be declared, and the routine businees completed,
1 YEr. Gahm explained that he did not intend his rein, and that then a committee, to consult with the directors
atter' to allude in particular to that company, but to every and to report, should be appointed; and that the meeting
railway company in the kingdom. be adjourned for a short time, then to proceed with the
Mr. Robson denied that his interests were divided with election of directors.
iajl_Ye‘other company. He was there to act for the Birkenhead We consider that these questions should not be settlei
in a corner, and by a few, but should bp discussed and
~."'_u. and that line alone, and that he had alwaye done and resolved by the general voice. We have no hostile feeling
:..:', led do again • and he defied anY person to say that he towards your board; but the contrary, and we trust that
;111ever belonged to a clique, or c Ompromised himself by that body, and its chairman especially, will see the
Y Policy he had pursued. necessity of the course we suggest.
Mr. Taunton said that he had acted on Saturday with We beg to ask for an answer to our suggestions in such
regard to the proxies) as he thought right, and should do time as will enable us to communicate, if necessary, with
tea same again. our fellow shareholders, prior tq the meeting.
kl 4r. Ring thought 'that Mr. Taunton should have sent A long conversation followed the reading of the above
ui'l proxies to all the shareholders, and not to only a few. communication, and ultimately it was resolved,—
%.,lt. I3enuett then addressed the meeting, and replied to That Mr. Fenton, Dr. Ashton, Mr. Joseph Whitworth,
am_e of the observatisns made at the list meeting, and and Mr. Fildes be requested to wait upon the Great
tii•
Northern board in reference to the general state of the
-e went on to show that the Great Western was the affairs; and that the proxies of the shareholders of the
lu.lmpany to which the Birkenhead was naturally allied. He district be entrusted to them.
"ited the part he had taken in bringing that about, and And further,—
I'rz.tted that he had failed to make other parties think That Mr. Fenton be. requested to communicate with
the same as he did. He' thought that the principle that the chairman of the Great Northern Railway, in reference
'could be adopted was to look to the interests of the public To the foregoing resolution; and that Mr. Fildes be
as well as their own, requested to send out proxies to the shareholders of the
a Mr. Bancroft having referred to the manager's report of district.
,%un3 30, which stated that 50 per cent. of the traffic could
notice,
from the company at any time without one day's
~itleerea,teidustifted from that the position he had taken, and
his opinions on the subject. He next read a
,v letter from: Mr. Cotterell, referring to a statement made
„1) It: Atkinson at the last meeting, relative to the dis-
:r4l°us upon wine, the former gentleman denying that
tense assertions were correct.
14r. Atkinson said he should not withdraw one sentence
~,,
‘ those remarks.
lit (Here several gentlemen expressed a wish that the subject
4,1 d not be further proceeded with.)
~._ Mr. Bancroft said he had been requested to bring the
matter forward, and ho had done so, With regard to the
resolution, he said he should refuse to leave his affairs in
if e heads of the chairman and any four shareholders, but
d' all the directors on the board chose to resign, he would
'44 the same.
lSir. Atkinson then reiterated the opinions he had
x.' pressed at a former meeting, on the subject of the
a lli
Igamation with the London and North Western Com-
Tatiy.

THE WARRINGTON AND STOCKPORT
RAILWAY MEETING.

TO THE EDITOR OP THE NORTHEAINT TIMBS.

Sir,—My attention has been called to a letter in the
Nonxitanti timEs (of this day) from Mr. Fosbery, the
Chairman of the Warrington and Stockport Railway Com-
pany, in which that gentleman impeaches the accuracy of
the report of the half yearly meeting of the company, on
Friday last, furnished by me. Mr. Fosbery says
" You ask me in what respect the report is not correct ?
I reply, in malty--in fact the Whole of it is most incorrectly
given."

This is certainly a sweeping charge, and, I submit, not at
all borne out by the facts. lam content to rest the genera
accuracy of the report upon Mr. Fosbery's communication
itself. On comparing it with the report, I think you will
admit that the latterls substantially correct.
I certainly did not profess to supply a verbatim report of
of the proceedings, and hence many remarks and observa-
tions were, of course, omitted.—Yours, respectfully,
Wednesday, March 4, 1857. THE RE fqnviEß.

- Dowden thought that the company would lose a very
;a,luable and serviceable man if they lost Mr. Bancroft,
itsrougb whose exertions the company had been placed in
- Present position.
After some farther observations from Mr. Petitjeu, Mr.
Lt°l(lernesei and Mr. Oliver, the latter of whom urged open
'`ur• Gillew to withdraw his motion,
doile Chairman said he felt the responsibility of the posi-
ee in which he was placed, but would before they came to
vote, if Mr. Gillow did not withdraw his motion, make a
1)lw observations on the subject. lie said there was no
'the in 'the country who attended more to the interests of
tines'?,, shareholders than they did, although there might at
be a difference of opinion, and sothetitnes personal
7'''ltrcation. He then reviewed the position in which that
'l'aPany was placed in reference to the Great Western, and
the London and North Western, and said that they were
PEerfectly independent of either one or the other. He then
riled the statement that the traffic could be taken away
.r,Tra their line to the amount of fifty per cent. He nett
to the disgraceful state of the Chester station, which
sandinpared to a bear garden, which could for a few thou-
taouds be so altered as to give eight times the mom.
• lodation it did at the present time, and that alteration he
nPed to see effected in a short time. He concluded by
?.laressing a hope that good feeling would be reeestab-
14r• Grillow then, with the consent of Mr. Mills,,with-
d
rew his resolution.
*meeting then proceeded to transact the special
-'lleere; for which they had been summoned.
Tee Chairman said as the bill had been read, he should
„
,"'°'‘'e that the direeors be empowered to prosecute the same'
1.111 a view of getting it passed.
mans seconded the motion.
'r• Mi is said he should object to the company being
Prourietors of ferry boats.
f • Ledward said he should object to it on personal grounds,
1).11 by
~the alteration of Carmine street his property would be
1,11 ,teue Ha did not think there was mugh chance of the
I peeling, as he understood it would be opposed by the
"Pot. ition of Liverpool, the Birkenhead Commissioners,
Cii by the land owners. lie should oppose the bill on
Personal grounds.
Air. Bancroft stated that he did not see how the corpora-
‘.oll could oppose the bill, as it was to their interests that
there should be no obstructions between the railway and
the decks, and it was not long since the corporation had
very same clause inserted in their own bill. As to the
'Flury to property, if that was proved, there was a clause
i
all railway acts that compensation should be awarded in
'lllll cases.
Mr. Lloyd stated, that the corporation had inserted the
I.lllle clause in one of their own bale, and that the present
"liClaitien was offered to give theet a locus standi, in case
tech rights of ferrying might be interfered with.
The motion was then pasSPa and carried, and the meeting
4.°4 up

CAPTURE OF A 3.(ASOIIESTER "MOBSIWAN./

testerday morning officers Scaife and Thompson brought
up a gentlemanly looking, well-dressed fellow, named Daniel
Murray, at the police court, charged under the following cir-
cumstances : On Friday last the prisoner, with two other
men, were in the parlour of the Edge lane Hotel, Edge lane.
There was a wardrobe in the room, in which Mr. Delany, the
owner, had his cash box, and he had occasion to take it out,
for the purpose of taking out £3O. He put it back, and went
up stairs to dross. The parties . then sent the girl,
who was in attendant°, into the cellar for a quart
of ale, and again for a second quart, and on her
return the men were gone. She thought it strange,
and called her master and informed him. He at once
suspected something wrong, and on examining the wardrobe
he discovered that his cash box, which contained about £6O,
gone. The alarm was given, but it seemed the parties got off
to Manchester, as they belonged to the " mobsmen" of that
city. The police traced them there, bUt could not fall on
them. Rightly thinking thitt one or all of the parties would
visit the ball on Tuesday night, or at leait be among the
crowd, they bad a sharp look out, and at the corner of
Copperas hill and Lime street, where there was a large crowd
and press of carriages, the officers arrested the prisoner, who
was fuily identified by Mr. Delany and the young woman, as
one of the three persons who was in the parlour at the time
alluded to. The offence having been committed in the county,
the prisoner was sent before the county magistrates.

GREAT NORTHERN.

„\\, A meeting of the shareholders in the Great
Oxthern Railway, resident in Manchester and
tei
g ibourhood, was held yesterday in the Palatine
(01, for the purpose of considering the course
which
should be adopted, in concert with the
'''Verpool shareholders, at the ensuing half-yearly
et•
ke
.1, mg of the Great Northern Company, on the
inst. There was a good attendance of influential
Hhal'eholders, and Dr. Molesworth was called to the
Chriir The following letter, addressed to the
„lain-nun of the board of directors of the Great'
""Nc)rthern Railway Company, by the Liverpool
'llareholders of the company, was read :
Sir,—The half yearly meeting is convened by you for
telr'.2eth inst., 'in London ; and as many of the proprietors
ktsplding in distant parts of the kingdom will be unable to
th,.,-11(1, or otherwise to express their opinions, it has been
It "tight desirable to address you, in order that, if possible,
united curse of action, fair alike to the board and the
l'l';;Prietary, may be taken.
tt!his course would have been adopted earlier, had not
frauds of Mr. Redpath been undergoing judicial
enquiry;ol: pending which enquiry, and while the public
r'.4d was, perhaps, unduly excited, it would have been
o'3lldicieus and unfair to your board to enter, upon die-
'ssion,
The questions which will have to come before the half
yearly meeting are-
-1• The frauds which have been committed, and upon
, whose shoulders the responsibility should rest ;
4. The alleged share speculations of certain of the
directors ;
.3. The future constitution of the board which is to
administer our vast affairs ; and,
The mode in which the defalcation should be dealt
i• Wew think that no one will be found bold enough to
assert that frauds like those of Redpath, involving vast
sums of money, spread. over a long period of time, and
tmeconlplished under the eyes of the directors and head
'eFals of the company, are, by proper system, and
4tunstant ersonal care and supervision, unavoidable. We
41. e quitep prepared to admit that fraud may arise under
e best system, and we cannot join in the indiscriminate
l-ilsure which, in some quarters, has been expressed.
erpnecessary, however, that the directors, auditors, and
eers, after being' heard, should be either acquitted or
esurcd. Otherwise, want or confidence between the
:lieetion and the proprietary will grow up, and the public
bal. very properly consider that the shareholders are
t,,,'Q'T--•rent to tho faithful and efficient administration of
ir Weirs.
th' We would hope, and, until further enquiry has shown
e contrary, will believe, that the charges against certain
;embers of the board, of share speculation, and of holding
e"3•l'es for purely speculative purposes, in other people's
'tFfloB, which have been so publicly made, are incorrect.
ei'”, we have regretted to see that a reiteration of these
)arges, in a lettor in the Times, has remained without
er,nswer. This may, and we hope does, arise from the
b-unscious innocence of the parties ; but in the meantime,
nublic
opinion has interpreted the silence in a manner
41 I'l.ol may, after all, be unjust towards the board. RP;
rc,,!mnportant that the character of our board should
4,111 high and unsullied ; we therefore consider it alike
th-,i'..Eo the proprietary and to the gentlemen themselves,
.1. enquiry should take place, and that what may be an
•inst charge should be disproved, if possible.
0... The future constitution of the boar will have to
;,`'e before the meeting. We believe that d two vacancies
from death hor illness exist, and that one director,
: 'laving a seat at the board, is incapacitated from
jsical infirmity ; there are also, we believe, two vacan-
th`i,s, beside. We need not say how important a change
pxi"9 Ipay involve, nor how it might, under the excitement
niai,ting, be made use of to effect changes of policy or
w,i'aßnment detrimental to our interests. Our own feeling
irellid lead us to support such of the retiring members as
lie -physically capable (the other vacancies being filled up
ttreholders of large holding and undoubted position),
eo,-",.. :1
such
the enquiry we have alluded to acquit them of
uera Me blame. This enquiry, however, should precede
A election.
The question of how the defalcation itself should be

MONETARY AND COMMERCIAL.

LIMPOOL, Wednesday Evening.
The Cotton Market was rather more active to.
day; but we do not notice any change in prices,
which were, however, very firm. The day's sales
are estimated at 8,000 bales, including 2,000 bales
on speculation and for export.
In the Liverpool Stock and Share Market today
the buoyancy which has hitherto this week been
apparent, gave way. to a dull feeling, and prices of
the leading lines have fluctuated, dosing at the
lowest point of the day. The transactions were :-
Blackburn, 8, 14 ; Caledonian, 3411; Chester and
Holyhead, 49a Eastern Connties, 11, 10 15-16, i,
1546; East Lancashire, 1001, 100; Edinburgh,
Perth, and Dundee,.9l; Lancashire and Yorkshire,
1021,1,1, 1; London and North Western, 1061; 6,
4, 6 ; Do. A Shares, k, is nil; ?vtanchester,
Sheffield, and LinSoln, 38 ; Midland,' 85,
4'4, 1,5, 41, 1,1, R ; North British, 111 ;
North Eastern, 211 ; DoVers, 22/, 1; a, 1,4;
Manchester, Sheffield, and Lincolnshire 10l Shares,
121 ;. Dutch Rhenish, 1p ; ,Great Western of
Canada,
.251, 6, 51, 6 ; Great Luxembourg, bOed ;
Liverpool and London Insurance, 61 p. The fol-
lowing were the closing prices :-Blackburn, 81, 81;
Chester and Birkenhead, 70, 701; Caledonian, 34k,
341; Chester and Holyhead, 191 19i ; Eastern Coun
ties, 101,. 10 15 16 ; East Lancashire, 100, 1001 ;
Great Northern, 24, 241 ; ditto A shares, 101, 10t;
Great Western, 081, xd 691; Lancashire and York.
shire Stock, 1024, 1021 ; Liverpool; Crosby, and
Southport, 191, 1* London And North Western
Stock, 106, xd 1061; ditto e .shares 8, xd 1-16 d ;
Manchester, Sheffield, and Lincoln, 38: 381.; Mid-
land•Stook, 841,, 85 ; North British, 111, 11 13-16;
North,S:affordshire, 5, 4 d ; South Eastern and
Dover, 23 9-16, 231 ; Scottish North Eastern, 14,
141; North Eastern-Berwick, 21a, xd 211 ; York
and North Midland, 311, xd 311; Leeds capital
Stock, 201, 201 ; Buffalo and Lake Huron, 1, 1 p;
Dutch Rhenish, 1, 0-16 p; Great Western of Canada,
251, 26; ditto New Shares 3 3-16. 31, p; Great
Luxembourg, 10 7-16, 10 5-16 d ; Grand Trunk of
Canada, 121, 12L
At the Mancheiter Share Market to day the
business transacted was at the undermentioned
rates-Midland, 85; Dover, '23 11-16, 1„ 11-16, ;
Leeds, 1021; and Sheffield, 381.

Commercial Intelligence.

LIVERPOOL COTTON MARSET.-SIARCEL 4

There has been rather more animation in the cotton
market to day, the demand has been general, and prices
are firm. -The sales—including 260 PernambudoS Bid to
82d, 100 Bahias 714 to Bd, 300 Maranhams Bd, 200
Egyptians otd to 100, 1,000 Surats 40 to 6d are
reported 8,000 bales, of which 2,000 are on speculation and
for export.

Ths defeat of the Ministry in the House of
Commons last night, causel considerable heavi-
ness in the Public Securities to day, but no
uneasiness seems to be felt at the position in which
the Government finds itself.

LIVERPOOL PRODUCE MARKET.—MARCH 4.
SUGAR: The sales consist of 2,400 ba,gs Benares, part
for export, at 533 to 53s 91. 500 bags Madras at 44s 6d,
and a cargo of white Pernams for the Mediterranean, of
which the particulars have not transpired.
MOLASsES, Rini, OR COrkEE 14Tothing has ta.kori place.
Ribs : 70 tierces Carolina have brought 235.
SALTPETRE: 150 bags brought 42s for 5i per cent
refraction, and 601 bags Bqmbay 283 6d to 31s per cwt.
JUTE continues in good demand, 2,500 bales hiving
changed hands at .£l4 103 to £2O lOs per ton.
SuELL LAc: At the public sales this morning 112 chests
found buyers at 62s to 67s per cwt.
GUM ARABLE: 47 chests East India at 34s to 34s 6d,
including some block at 15s to 18s 6(I per cwt.
MynAnor,Ants : 45 tons sold at 7s to 8s 6d, with 300 bags
at 8s 6d to 93 6d per cwt.
MADDER ROOT 3: 30 bales French sold at 37s 6d per cwt.
SAGO FLOUR 250 bags sold at 18s to 18s 3d yer cwt.
CRIAM TARTAR: 14 casks sold at 1093 per cwt.
LIMA WO,D: 20 tons sold at £l9 lOs to £l9 15s per
ton.
S APAN WOOD: 5 tons Manilla sold at £22 per ton.
BARWooD: 10 tons sold at 17s 6d per ton.
RAPESEED : 220 bags Bombay reported at 69s per qr.

The Money Market was rather more stringent
to day, and the discount houses received mercantile
bills with greater caution. On the whole, however,
no great alteration can be noticed.

AGRICULTURAL PRODUCE MARKET.-MARCH 4.
Per stone, 261115. Per 901135. s. d. s. d.
s. d. s. d;,Potafoes. Seedlings 311 to 4 2
Hay, 01d...... o6to 0 ll• Ditto, Kemps .... 41to 4 4
Ditto, new.. ...... 0 0 to 0 0' Ditto, Whiterocks. 3 7 to 3 9
Ditto, clover 0 61 -o 0 73 Ditto, Balsbaws .. 8 6 to 3 7
Green Clover 0 0 to 0 0 Ditto, Beidrums .. 0 0 to 0 0
Vetches 0 0 to 0 0 Ditto, cattle 0 0 to 0 0
Straw, wheat .. 0 3to 0 331 Per ton.
Ditto, oat ........ 0 23 to 0 33 Turnips 24
Ditto, barley .... 0 2 to 023 Carrots 55
Oats, in straw . ... 0 oto 0 0 Mangle wurzel 24
Manure 5

0 to 26 I
0 to 0 0
0 to 25 0
6 to 7 6

MANCHESTER TRADE REPORT.—MAucti 4.
There is nothing of moment doing in the market. The
attendance is much taken up with discussing the division
last tiighti

Consols opened this morning at 931 for both
Money and the Account, and closed at 984 to 93a
For the April Account they closed at 94k to 941
Exchequer Bills were quote] at 2 dis. to 2 pm, and
the New Three per Cents, 94 to 944.
The London Market fdr Railway Shares was
very dull to day, and a slight decline in prices
must be noticed. The following were the closing
prices : Ambers ate, Nottingham, and East.
Junction, 4.1, 46 ; Caledonian, 644, 644;
Edinburgh and G'asgow, 561, 571, ex.; Eastern
Counties, 104, 11; East Lancashire, 99, 101; Great
Northern, 964, 97 ; Ditto; A., 84, 86 Great
Western, 69, 691 ; Lancashire and Yorkshire, 102,
1024 ; London and North Western, 1054,, 1064 ;
London and South Western, 1054., 106 ; Manches-
_ _ .

LONDON PRODUCE MARKET. —MARC!! 4.
SUGAR: The market has been dull and prices were
scarcely supported in the public sales.
COFFER : There has not been a public sale ; prices are
unaltered.
TEA : The market has been firm and active ; there have
been free buyers at 130 this morning, and 13R1 in one
iuStande has been paid.
SPICES The public said are going off steadily ; nutmegs
Oki at an advance of Id to 21.
llicE continues firm.
Rum has been in good demand. Demerara proof sold
2s 91 to 2310 d.

COTTON 100 bales sold at previous rates.
In other articles no material alteration.
generally dull to-day.

Markets

LONDON TALLOW MARK T.—MARCH. 4.
The market is quiet at the subjoined quotations :
Town tallow 594 nett cash ; Petersburg Y.C. for March
65s ; March to April, 585 ; May to June, 535 6d.

ter, Sheffield, and Lincolnshire, 371. 38± ; Midland
Stock, 82t, 83 ; North British, 461, 47/ ; South
Eastern and Dover, 75k, 76 ; York, Newcastle and
Berwick, 86i, 87±; York and North Midland, 63±;
Leeds Northern 393, 40±.

BOROUGH HOP MARKET.—MARCH
The market is firm for all the finest samples ; in other
sorts there is not much doing.

LONDON CORN MARKET.—Maaca 4.
The wheat trade was quiet at the rates of Monday last
for both English and foreign. Flour sold slowly at
previous prices.
Barley underwent no change.
The receipts of foreign oats have been liberal thus far
this week ; and the trade was dull at Monday's currency.
Beans and peas sold on much the same terms as last
market day
ARRIVALS INTO LONDON FROM MARCH 2 TO M kßell 4.

Wheat

Barley .....
Oats
Malt

English and Scotch I Irish
1163
1120

The Produce Markets keep steady, with a mode-
rate business doing in all the leading articles of
consumption. • -
The Breadstuff Trade has again become rather
dull; a slow demand exists for Wheat and Flour,
and accepting lower ptjces has riot had the effect
of producing business to any extent.
Trade in the manufacturing districts remains
quiet. The more favourable accounts from Cal-
cutta and Bombay have had a good effect at
Manchester on• Shirtings, Jacconets, &c., and a fair
amount of business has resulted in these goods,
at the full prices of last week. For other sorts of
Cloth the demand is languid, and although
_nO
symptoms of weakness are apparent among manu-
facturers, they have taken few orders to-day ; as
Mixers, looking the unsettled state of the Cotton
Market. only contract for the supply of their more
urgent wants. At Huddersfield there is but- little
business going • forward ; but in the Leeds Cloth
Hall an average amount of business hasheen done,
at the-slightly increased prices which have been
recently ruling.
Respecting the Silk Trade, we learn from a
London circular, just issued— • • •
That • the letters from Shanghae to the 10th January
repOtTurther settlements of 6,000 bales, making a total
of 68,000, of which 64,000 had been shipped. Of these,
35,000 had arrived in Great Britain, and 11,000 in France
and elsewhere, leaving 18,000 afloat. Tne stock remaining
unsold consisted of about 2,500 bales, chiefly of the com-
mon descriptions. All agree that good and tine silk had
become extremely scarce, and that the total export for the
season would not exceed 75,000 to 80,000 bales, many
leaning to the lower estimate. From Calcutta, it is stated,
that a portion of the November build had arrived, and
sold at very hi,,h prices ; the yield was expected to be
hardly two thirds of an average crop, and of native silk the
quantity would be extremely small. Since the salts there
has been a fair current business doing both in Chinas and
Bengals at the rates then established. .
We are in receipt of Alexandria dates to the 20th
February. Messrs. Peel & Co.'s circular states
that the Grain trade remained dull The sales and
re-sales of Cotton for the month amounted to 51 400
cantars against 41,000 canters for the same period
last year, but probably the re sales have been more
numerous this year. Prices were very high, and
are well supported. There was no description
under $l5 to $l6, or 811-to 91-1 per lb, f 0.b., for
ordinary to middling, and the better qualities, say
good middling and upwards, sold for sl6k, or 9-ad
per lb, f.o.b for private trade, to $l7B, or 10 8-10 d
per lb, f.o.b: for Pasha's produce. Flax was in
good demand; the arrivals are small, and the sales
for the month amounted to only 915 cantars, dressed.
at piastres 150 to 100, or £4O 14s to £43 8s per ton
f.o.b, and 450 cantars, rough, at piastres 70 to 82, or
£2O to £23 per ton f.o.b Linseed was scarce, and
demanded. A cargo shipping for England bad
changed hands at 60s per qr on board ; add com-
missions and brokerages nearly 63s per qr, f.o.b.
sifted Seedwas worth piastres -160 to 162,- or 59s
10d-to 60s 6,1 per qr f.o.b. Exchange on London
ruled at 1011 per X. The quotations of freights were
only nominal. Cotton to Liverpool was taken at
id per lb.

Foreign.
1670

4099
809 10980

Flour, barrels, sacks.

LONDON MINING MARKET.-MARCH 4

Little.business has been (Fine to day in home mining
stocks. The transactions reported in the Stock Exchange
cemprise only Tin Croft at 4i ex. div. ; and sale of Towey
at 1. Prices present no essential change.
United Mexican shares show a reaction after their late
rise, marked 4, and last 44. Other foreign descriptions
are quiet.

The failure is announced of another foreign
house—via , that of Ir. Gustave Foa, Seed Mer-
chant, of Old Broad Street. London The liabilities
are believed to be compal.alively limited.
It is understood that a deputation on the part
of English capitalists have had an interview
with the Emperor of the French, relative to the
proposed International Bank. It is stated that
the basis of this important undertaking is already
decided upon, and that the institution will be
entirely independent of, and unconnected with,
the various Continental Credit Societies, and the
existing financial establishments in Paris. •
The exact amount of specie and bullion shipped
ou' board the Indus, which left Southampton for
Alexandria, to-day, IA itli the India and China
mails, is 792,160/, of which 783,9291 consists of
silver and 8,2311 of gold. The proportion destined
for India proper is 412, 841/,and for China 325.846/.
This indicates a revival of the efilnx to China,
despite the lower quotations of exchange lately
received. The detail& are given belo .v, viz.:—For
Bombay, silver, 155,3501 ; for Ceylon, gold, 4,2601;
for Madras, gold► 2,646/. ; and silver, 11,100/. ; for
Caletitta, silver, 242,4401.; and gold, 1,305/. ; for
Penang, silver, 2,0551.; for Singapore, silver,
47,138/. ; for Hong Kong, silver, 145,466/. ; for
Canton, silver, 1,5221.; and for Shanghae, silver,
178,858/.
The total amount of specie and bullion shipped
on board the'Atrato, which has just. sailed for the
West Indies 'and Mexico, is about 56,0001.