The Sun.
London, England, 1855-11-26 00:00:00

THE SUN, LONDON, MOINDAY EV.RNING, N'OTEMBER 26 1855

LTNEB r:R &BED T FIXED RENTALP.

LAW INTELLIGENCE--(This Day.)

MAR= NEWS.—(This Day).

ELithwAto.

Comp an g

Closing trim
Saturday.

Bu, nesa
this day.

COURT OF CHANCERY.

CORN EXOFIANGE.

This was the last day of Michaelmas Term, and the
Lord Chancellor will not sit again in this court till
Monday next. His lordship, therefore, this morning
disposed of nearly all the cases standing for judgment.
WALTERS V. THE NORTHERN COAL COMPANY.-JUDGMENT.

Most of the country markets held on Saturday were
very dull for wheat, although the supplies were but mo-
derate, and prices gave way from is to 2s per quarter. The
demand for barley was less active, at barely the late im-
provement in value. Malt ruled inactive. Oats, beans,
peas, and flour were dull.

The Lord Chancellor gave judgment in this case,
which was argued before him in July last, upon an ap-
peal from the decision of Vice-Chancellor Wood. The
bill was filed by Mr. Walters against the official mana-
ger, for winding up the affairs of the Northern Coal
Company, for the purpose of obtaining an account and
payment of the arrears of rent, due from the company
for certain coat mines, of which a gentleman of the
name of Ord bad granted them a lease, at a rental of
8501. a-year. The company was established in the year
1838, and in the following year the lease was granted by
Mr. Ord, whose interests plaintiff represented.
The shareholders of the company becoming dis-
satisfied with the directors and their management,
the company was ultimately wound up under the Wind-
ing-up Act; and Walters being unable to obtain any
rent or satisfaction from the company, it being asserted
that, in the events that had happened, the plaintiff had
no right to a specific performance of the lease, he filed
his present bill, which the Vice-Chancellor dismissed
with costs. The Lord Chancellor, agreeing with that
judgment, ordered the appeal to be dismissed with costs.

Large quantities of grain and flour continue to bo dis.
posed of in the American markets for shipment to Europe,
The continental markets are dull, yet prices are fully sup.
ported.

Very moderate supplies of English grain were received
up to our market last week. The imports amounted to
6,580 quarters of wheat, 25,540 oats, 2,152 beans, 2,062
peas, 495 tares, 1,119, linseed, 3,284 rapeseed, 240 mus-
tard seed, 1,174 sundry seeds, and 13,454 barrels of flour.
The quantity of English wheat received fresh up to our
market to-day, coastwise and by land carriage, was very
moderate, and a large portion of it was poor in qualPy, and
otherwise out of condition. However, as the country
markets came lower, and as the attendance of millers was
limited, the demand for all kinds "of wheat of home pro-
duce ruled exceedingly heavy, at a decline in the quota-
tions realised on Monday lest of from 2s to 3s per quarter.
With foreign wheat we were but moderately supplied.
The transactions in all kinds were so trifling that the cur-
rencies were almost nominal ; but there was more disposi-
tion shown to make sales by some of the large holders.

SCALES V. MAIIDE.-JUDGMENT.
The Lord Chancellor gave judgment in this case,
which came bef,re him upon appeal from the decision of
Vice-Chancellor Stuart. The bill was filed by the plain-
tiff, one of the executors of a maiden lady named Bate-
man, for the purpose of foreclosing a mortgage which
had been made to her for the sum of 2,5001. The ob-
jection by the defendant who represented the mortgagers
to the plaintiff's hill was, that Miss Bateman had written
letters to the relatives of the mortgagers, which in equity
would amount to a declaration of trust of that mortgage,
and therefore that it could not be foreclosed. Vice-
Chancellor Stuart ordered the mortgage to be foreclosed,
and the Lord Chancellor, agreeing with that decision,
dismissed the appeal with costs.

Floating cargoes of grain were mostly held at full quo-
tations. The supply of barley was small, yet the inquiry
for all kinds was lees active, at the late improvement in
value. •

Malt sold slowly, at last week's currency.
There was a good supply of foreign oats in the market.
Prime samples moved off steadily, at full quotations. In-
ferior kinds were a dull inquiry.

We had less activity in the sale of beans, at barely late
rates.

Peas moved off slowly, on former terms.

STODDART V. NELSON-411DOMENT.
Tfiis was also an -appeal frotu the judgment of the
Vice-Chancellor Stuart, in which the Lord Chancellor
now gave his decision. The testator in the cause
directed his property to be sold, and the proceeds to be
divided among his "cousins" living at his death, and
the question in the case was what the testator meant by
that word. Vieo-Chancellor Stuart held that he meant
all his cousins, of whatever denomination they might be,
and from that decision the parties aggrieved appealed.

The flour trade was very dull, and, in some instances,
prices were rather in favour of buyers.

CURRENCY PER INI
Wheat —Essex Kent,
Red • • • new 643 to Slal
Ditto.. • • old 77a 88e
Ditto, White new 633 88s1
Ditt0........ old 89a 95s
Norfolk and Lin-
coln, Red, old 813 693
Ditto new .....• 645 Bls
Rye —oid —s —s
Now ...... oos b2r,
Barley—Grinding ••• .. 38a 42a
Malting ......... 421 441
Chevalier—. . . 433 43s
Malt—Suffolk and Nor-

I ['TRIAL mEAsurtE.
Nlsit—Chevalier •• 823 to 84s
Oats Yorkshire and
Liueoinst., Feed 26s 31s
Potatt. ...... ..•• 283 34s
Youghal and Cork
1t1ack....... 259 28s
Cork, White ... 263 30s
Sooteb,Food••• 273 343
Beans—Tick 421 438
•... 483 57s
Peas—they •••••••••• 439 468
453 485
•• 503 54s
Boilers .......... 523 56s
Floor—Town-made... 75s 77s
Suffolk 623
3tooktn &Norfolk 61s 62s

The Lord Chancellor considered that the Vice-Chan-
cellor had failed in his judgment, and that the clear in-
tention of the testator was to benefit his "first cousins"
only. The judgment of the Court below must therefore
be reversed, and advertisements issued for the first
cousins of the testator.

f01k............ 74s 82s
arovin .......... G4s 70s

ithnstonandWar“ 785 803

A ppeal dismissed ; the costs of all parties to come out
of the testator's estate, the language he had used having
created the necessity for the suit.

METROPOLITAN CATTLE MARKET.