The Sun.
London, England, 1855-02-08 00:00:00

THE SUN, LONDON, THURSDAY EyENING, rEIIRVARY 8,

SHARE MARKETS.

(THIS DAY.)

RAILWAYS.

RAILWAYS.

Closing Prices
this d

JOINT-S'

Australasia ..

British Colonial Bank

and Loan Company.
British N. American
Chartd. Bank of Asia
Chrtd. Bnk. of India,

Australia, &
Colonial
Commercial of Lond
English Scottish and
Australian

'Lon& Chart. Bk. 01
Australis,

Ditto Ne
London at ICounty
London Joint Stock
,Lond. & Westminster.
National Provincial

of England
Do. Now
National of Ircland i
,Now South Wales
'Oriental Bank of
Corporation.
Provincial of Ireland
Do. New
Royal Auttraln.Bkg
1 cold Imp Co
South Australia
Union of Australia
'Do. New

Uuiou pf Londou ..„

64 - 6
1 - li
34 - 24

par— i P

P
2i - 2
-32 i
54 -6,
1 - 1111
f - iP

9i
11 10d
88 90
2i 2ii,
par p
par rip
23
23 2i
17 —l7k

97 - 100'

93 95
241 pal
97 100

1i 2di;

2 d

61
74
3i -- 311

121 -12 i

91.
211 -211 p

47 49
42 44
pm
22 23
ld par
21 lid
7i 81

••• ...... •••
••• - pm

pii
7 - 7ip

171 = 3.1 i

BANKS.

81 -- 83

••• •••
ld—id

3 2d

20i -21 A
37i - 38!

32---- 34

37 - 39

-- 40
65 - 67
7 9

Business done
this day.

89 -
St.
St.
25

d
6,
10
20

5
10
St.
St.
5

••• .7.7 11119

St.
St.
St.
8

10
10
St.

13
20'
16
St.
St.

st.
1 St.

58/ 9 Si

St.
St.
St.
St.
St.

61
25 3
10

20
20
20
25

323 I 25
12g

71 7

1
1
103
20
1

ni I 120
35

17a I 30
20

99 40
5
St,
25

3
5
1
1

20
20
20
10

15f
201 1

27/
40A 40

66 i xd 1 20
261 100

Shr• raid. RAILWAYS. Leasirg lola* Prices Basiresa
Cumpans. tWe day. this day.
50 all Bedford and London &
Bletchley . N. West. ...
St. 100 Buckghamshi L. &N. W f 6 98
St. IMO Clydesdale.Te CAledon , 9 101
25 24 Col. Stour Vy. E. Un. &
' Sad. and Hal. E. C... .
St. 100 E. Lincoln gr.
6 por cent. Gt.Nrthn. 133 135 134
St. all Glas. Barr. & Caldonian.
Neils. Direct ••• •••
St. all Do. New. Do • •••
25 all Glstr.dr Dn.Fl Gt. Wean —
100 all ifrtlpl. Dk. & Yi. New
Railway & Berw.
50 all Hull & Selby Y. &N 11 105 107
25 all Do. 1 Shares. Do.. • •••
12 all Do. Shares. Do
12' all Lon.&Green.w S. Easter' 121 —13 i
20 all Do. Preference Do 23 —24 23
10 all Lon., TH., &S. Peto &Co. 101 —ll
St. 100 Lowestoft gr.
4 per cent. Norfolk ...
St. 1.00 Do. 6 per et. -
51 all lfanch. Batn. L.& r..W.
and Matlock & Midhl. 21 —2i
50 all Ifiddlesbro' & Stckton &
Redcar. Darlingt.
10C all Widld.Bradfd Nfidland 92 94
50 all Northern an
Easternsp.c. E. Count. 57 59
50 all Do. 6 per ct. Do
RI all Do. Fixeds p Do
25 all Prest. & Wyr L. &N.W
&Ln&Yk
121 all Do. 1 Shares. Do
St. 100 Ftoystn.&Hit..ltNort ir 132 135
25 180 Shef.Roth Lancash&
Gool eg.sp. c. Yorksh.
2 01 S. Staffordsh. 'YI.MClean 21 2 d
7.0 1.11 ‘VearValleygt 3tockt. &
6 per teat... Darlingt „.
25 all Do Do 3l 32
St. 100 ,Vilts&oomrst GtWestn 9l 93

PREFERENCE SHARES.

Aberdeen
100 Do. No. 2,7 p. C.
30 Blyth and Tyne 10 per
c. pref. (issd. at 50/)
100 Brie. & Ex. 4p. c. St.
5 Do. 4p. c. Shares
[OO Caledonian £lO
all Chester & Holyhead
• Guar. 5 per cent
all Do. do. Pref. N.. 2
all Do. do. Pref. No. 2
all Cork dfflandons ip. c
all Dundee Perth &Aber•
deen Junction

all Eastern Counties Ex.
tension, 5 p. c. No. 1
all Do. No. 2
all Do. New 6 p. c. St.
all Eastern Union, Gar.
per cent
all Do. 51., 10 Der cent.
all Do. 101. Debentr.Sh-
all Do. do. 4 per cent...
100 East Lancash. 6p. cts.
all East and West York.
shire June. Fifths
all EdinbPrth.&Dundee
4 per cent.
100 Glasgow & S.Westeim
Guar. 5 per cent
100 Great Northn. sp. c
100 Do. 5 c. Redeem.,
at 10 p. c. prom...
[OO Do. 4i p. c.
all Do. 5 p.c. Scrip, Red.
at 5 p. c. pm...

all Gt. N. of Scot. Ist Pref
all Gt. Southn. &Westm.
(Ireland) Eighths)...
S. Do. 4 per c. Pref. St
6 Gt. Westn. (Berke
Hants Ex. 5 p. c)
100 Do. con. red. 4. p.c.
100 Do. con, red. 4p. c.
100 Do. irred. 4 n.c.
all Do. Birm. Pref. Sh
all Do. Chester Bp. c.P.S.
all Do. do. 5 p. e. do
LOO Do. firm, Gina. Stk
all Do. Ches. Qua. Sh
all Do. do. do
all Do. do. do
6 Lan. k York. F. £2O
.00 Do. 6 p. c. Stock
[OO London and BrightP,l

Guaranteed 5 P..
100 Do. Pref., 5 p. c. St
100 Do. New Guar.6 p. c,
100 Lon.&N. W., Cov.
Nuneaton 5 p. et
5 London &S. Western
Con. Thirds

all 'Londonderry& Coler.

Shares
all Londy.&Ennis.4 SI,.
all Stan., Shef., & Lin.
Yew, £10...
41 Do. £6
all '-farypt.& Carl. 4 p s
all )u. 4? per cent
)o
100 ' lid. Consol .6 p.e.St.
100 ;10. Oonsol. Bristol &

Birm. 6 per pent....
Di Do. Pref. 4 i per cell!
10 1•Torfollr Debenture
100 Do. Pref. 4p. a. Stoet,

100 i)o. sp. 0. Eat
100 r►o. 5i perct.pref
100 Do. Way. Val. sp. c
00 North British

100 v. E. Berw, 4 p;c. P.
5 Do. do, do.
13 Do. Leeds 6 p.c
9 Do. do. Quarters 48
10 De. York H. & Per.
all North Staffordshire..
EX) Oxford, Worcester, &
Wolverh..£ls,6 n.c.
all Scot. Cont., New Pr
all South Dev0n.........
11 Do. fixed, ,4 per cent
all S. Ea.steru (Reading
Ann.) of £1 Os. 6d.
all S. Wale 3 Gua. 4p. c.
all Do. d*. 4i p, c
all S.Yorksh.4p.c.Guar3
all Stockton and Dar-
lington, 5 per cont.
11 Do. do. do.
all Stockton and Hartle-
pool, guar. 5 p: c.
till Ist July, 1856

60 - 63

".x4
115 117

109 - 111
101 - 103

6 -- 6i
95 -- 97
87 -- 89
83 -- 90
10 -- 10;
16f -16 i
10 - 104
70 -- 72
18i m-7194
14 -- 14}
-- Rd
133 135

24 - $j

2 —12 A
a iP

ST -
04 -

101 i - 102
90 - 92
3 - 3i

i id

113 - 115

all Agua Fria
all Anglo Austrin. Gold
all Anglo Californian
6 Australian
all Australian Cordillera
all Australian Freehold
all Ave Maria
all Baden (Gd. Duchy of)
all Bloenarvon Iron and

12 14
id par
23 24

Ili : 11'

-- 101
- 92

99 th

ii -: 97

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••• •••••• .

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MINES.

Coal _
13.5 British Iron
25i Brazilianlmp.(issued
at £5 pm
all Do. Cocacs & Culaba
15 Do. St. John Del Rey
Carsons's C•eek
Clarendon Cons. Min
Co. of Jamaica
all Cobre Copper
1 Colonial Gold
all Copper Min. of Eng
all Do. Pref. 7. p. cent
16 Copiapo . .
all English and Austin
Copper Smeltg c o
Fortuna
all General

* - ip

all Gt.NuggetVeinßeg.
all Great Polgooth
all Liberty
all Linares

.• ...". ...

lo .... ...

~ - ...

~ .. ...

1 Lusitani an
all Mariquita..
all New Granada

all New Linares Mining
and Smelting Co
all Nouveau Monde
all Pontgiband Silver
Lead Min. & Smelt
1 Port Philip
all quartz Rock

135
ld

all I illyinney 1r0n...
all Do. New

11 Santiago de Cuba.....
all South A.ustralian.....
74' Tin Croft...
all United Mexican
all Waller •

all West Mariposa
12s. Worthing Mining of

Australia ..
all I Yuba

MISCEI.

17i Australian Agricult.
Australsn.Pcific.Mail
all Aus`zaln. Royal Mail
5:1 Berlin Water Works
40 Brit. American Land
1 Brit. & Coln. Smeltg.
and Reduction Co..

323 Canada
X)0 Canada Gov. 6p. et
Jan. and July
all Crystal Palace
all Crystal Pal. of France'
Duston Iron Ore '
5 Eastern Steam
22 ElectricTelegraph(A)
all Electric Teleg. of Ir.
14 Gen. Steam Navigat.
all General Screw Steam
10 Irish Beetroot Saga]
10 Magdalena St. Navig.
all Mcditeran. Elec. Tel.
9 Mexican &S. Am eri cn.
all Nat. Pat. Steam Fuel
5 Netherlands Land
1 N. S. W. Coal & Inter
Steam Navigat. Co
all N. B. Australasian
123 Nrth. ofEuropeSteam
all Peel Rr. Ld. & Minrl
all Peninsular& Oriental
all Do. Do.
all Portland Iron Co
60 Royal Mail Steam
all Scot. Austral. Invest
Ditto New
all South Austral. Land
all Submar. Telegraph
all Do. ltc:istered
5 Tr- st & Loan Co. of
Upper Canada
28A Van Diemand s Land-

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4 6
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28
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45 47
50 $5
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131 -14 t

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30 - 31

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60 65

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.12 -- 13 ,

BRITISif INSTITUTION.

The exhibition for this season of the works of British
artists at the above named institution was opened for
private inspection on Saturday last, and, as usual, at-
tracted an aristocratic and select circle of art-admirers,
who invariably patronise such occasions, and a tolerably
large number of artistic and literary celebrities.
The exhibition, though comprising some 540 or more
paintings, some of which are from tho easels of artists
to whom we are accustomed to look for something
beyond the ordinary range of- subjects, is not at
first sight marked by any prominent or striking
feature, such as a picture which hung by merit in a con-
spicuous place attracts the first attention of a visitor.
In this respect perhaps it is wanting, but on a closer
and more careful examination of the collection, this
deficiency becomes quite absorbed in the gratification
experienced by the discovery of many really excellent
and effective compositions. There can, indeed, be
little question that, viewed as a whole, the exhibi-
tion• very satisfactorily maintains the character of
the institution, including, as it does, works of nearly
every description within the scope and aim
of an artist. It comprises, as a chief feature, landscapes
depicting nature under almost every aspect, works of an
imaginative order, nautical and marine pieces, a
charming variety of morceaues in the shape of cabinet
pictures, and choice studies !rem actual life ; besides
sculpture, and other components of a fine-art exhibition.
Amongst the many
subjects which are well deserving
of commendatory remark, and which are consequently
difficult in selection, we shall on this occasion call at-
tention to a few only that came under our notece, during
somewhat hasty and cursory examination of the col-
lection, reserving the others for fature criticism. On
entering the north room, the first composition which
attracts observation is the picture by Mr. T. M. Joy
(138), illustrative of the well-known interview between
Queen Elizabeth and the Countess of Nottingham, on
the death-bed of the latter. In conception this picture
is bold and vigorous, and the incident portrayed is
wrought out in a happy and life-lika!„ manner.
The costume of Elizabeth, and the furrilture of
the apartment are true to the period, and are
rendered with elaborate care, whilst the expres-
sion of the perfidious Countess as she reveals the
fatal secret of the detention of the ring entrusted to her
by Essex, and implore' pardon for her fault, is vividly
realised. The indignant attitude of Elizabeth is excel-
lently well shown ; but, we think, that the artist has
endowed the Maiden Queen with too harsh and masculine
a countenance, and a look of fierce and unforgiving vin-
dictiveness which is scarcely consistent with the charac-
teristics attributed to her even by her bitterest enemies.
Close upon this comes a work by Mr. H.C. Selous, "Gil
Blas relating his Adventures to the licentiate Sedilla" (155),
The incident is described as follows :—"They were both
(the housekeeper and the canon) much diverted, espe-
leially with the account of ray last adventure. Camilla
and Don Raphael tickling them so much that it was like
to have cost the old canon his life, for while he laughed
with all his force he was seized with such a violent fit of
coughing that I imagined it would have been his last.
And as he had not yet made his will you may easily
guess how his housekeeper was alarmed." This quaint nar-
ration givespoint to the composition; the mirth of the fat
and gouty old canon, though somewhat overdone, is
cleverly suggestive of an uncontrollable, suffocating
struggle between irrepressible laughter and obstinate
coughing, and their not improbable effects upon the obese
licentiate are capitally hinted at. This is not lost upon
the buxom housekeeper, whose glance of mingled re-
preach and alarm at the inoffensive and smiling Gil Blas
is capitally conveyed. In the same vicinity, too, hangs
a study of a female bust, by Mr.. L. W. Desanges (153),
which is entitled "A Sybil." She is represented
in the act of opening a scroll of. Sacred Writ,
but the grandeur and inspiration of such a theme is
by no means infused into the half figure before ns.
Whilst, however, it is an exquisite ideal of female
loveliness, the charming delineation, but fur its title,
might be the portrait of some oriental beauty. On the
opposite side of the apartment, the charming bit of
painting by Mr. Sant, " Hear Thou in Heaven," stands
out in refreshing contrast with the foregoing. Here
the artist has happily succeeded in breathing into the
calm and prayerful upturned face of a sweet girl a de-
votional spirit more in harmony with the subject.
In the conception of "Evangeline" (137) Mr. H. Bar-
rand has evidently entered into the spirit and feeling
of the author in his fanciful imagery :
" Yet were her thoughts of him, and at times a feeling
of sadness
reseed e'er her soul, as the sailing shade of clouds in
the moonlight
Flitted across the floor, and darkened the room for a
moment ;
And as she gazed from the window she saw serenely the
moon pass
Forth from the folds of a cloud."
And he has reproduced it in a masterly style. The air of
pensive silence with which he has clothed the solitary
female is very striking, and the moonlight effect, which
is well and carefully worked up, materially enhances the
impression. Mr. F. Wyburd, also, in limning the
" Maiden, with the meek brown eyes,
In whose orb a shadow lies,
Like the dusk in evening skies,"
(6) has happily caught, the meaning of the lines,
and the result has been a charming picture. The
principal contributon of Mr. R. Buckner is one of
rather
Campagna di Remit"
, which, though somewhat
mtnnp
is nevertheless a work of
considerableubtful Recognition" (150),
coo largelace
mie n
riitt.s dimensions,
character,,
,(1 9
Doubtful
A Shepherd of the
by W. T. F. Dicksee, is an exceedingly clever bit of
painting, and attracts attention from its very natural-
ness. We cannot ray we admire Mr. Wilson Dyers'
effort, " Mariana in the Moated Grange;" it lacks
ideality and expression, though viewed in an executive
light, the picture displays
a g
Swoon of Endymion," by J. G. Naish (418), is a very
praiseworthy and commendable picture. It illustrates
the following passage from IC.eats :
" At Neptune's feet he sank.
dejkalsuofdadbenilirtiyn.g "The
Of Nereids were about him, in kind strife
To usher hack his spirit into life :
Bnt still he slept. At last they interwove
Their cradling arms, and purposed to convey
Towards
Towards a crystal bower far
away.,,
The grouping of the troupe of pretty nymphs, who
bear their senseless and beloved charge beneath
the " cool translucent wave," indicates consider-
able taste and artistic skill, and the idea of on-
ward motion is admirably imparted to them. The
colouring is exceedingly
earmonious ; but a little more
roundness in the treatment of the fleshy portions of the
e
composition would have been an improvement. "The
Border Spear," by J. W. Glass, (228) is a bold and
vigorous reproduction of one of those hardy and adven-
turous warriors of the north in byegone days. His
aspect is fierce enough in all conscience, and the power-
ful and bounding steed on which he is mounted seems
animated by the same fearless and restless spirit as its
ridheer.study . The b
y foreshorteningl.Of the horde is admirable.
T
Barker (455), of an incident in
. .
the life of William Rufus, as related in an ancient MS.
Chronicle in the Royal Library
at Neuilly, is a work
of no ordinary merit. The incident which is thus
stated being widely and spiritedly wrought out
While hunting in the New Forest he ran a royal hart
T.
to bay, and, springing from his horse, dashed suddenly
a't it. He would have brought it to the ground by a cut
with his short hunting sword, but the stag turned swiftly
round and threw him. Adele, a lady of the Court, see-
ing the danger of the king, spurred up in time to kill
the deer, and saved the life of her royal lover." Amongst
the few Scripture subjects, "Haman's Punishment," by
W. Denby, struck us as being the principal and most
of careful examination.
deserving Mr. Lance is repree
sented by one of his beautifully-painted
and luscious
heaps of fruit, which fully maintains the high reputation
he has acquired in that department of his profession.
Amongst the landscapes, which, as we have stated, form
a leading feature in the exhibition, w-.
G. E. Hering's
view of "The Church and Convent of the Madonna del
Sasso," upon the banks of the delightful Lago Mag-
giore, occupies a high position. In it are concentrated
•
the glories of an Italian scone, and artist has done
ample justice to them all. The the
blue transparent and
unruffled waters of the lake, and the dreamy distance
beyond, are finished with an exquisite touch. In Mr.
Lear's " View of Windsor Castle from St. Leonard's
Hill " (317) we recognise a familiar but magnificent
prospect, of much breadth and extent, which effects the
artist has very felicitously succeeded in imparting to his
work. "A Stack-yard in Kent" (93), by Mr. W. p.
Ferguson, presents many excellent qualities in an artistic
sense, and the scene, with all its accessories, is exceed-
ingly pretty. Mr. J. Bell, in (151) "The Rheinfels," has
.transferred to canvas one of the most remarkable portions
of the beautiful scenery of the Rhine. As one of the best
winter landscapes we have ever seen, we may refer to
.6 A Winter Afternoon," by Mr. Branwhite (175). Mr.
Such has also sent a clever one of a similar class (154).
The "Park," (443,) e joint production of Mr. Creewick
and Mr. Ausdell, displays in a very marked manner
the characteristic excellences of the respective artists.
We may also notice in' this department " The Trophies
of Youth," by Mr. Denby ; "The Castle of Canero"
and "Birk Crag," by Mr. Stanfield ; "A. Woodyard,"
" Evening," by Mr. Mark Anthony; " Morning on the
Lake of Come," -by Mr. H. J. Johnson, and ." An
English Autumn Afternoon," by Mr. F. M. Browr, as

being worthy of careful examination. "A view of the
Great Harbour of Malta" (154):. by Mr. J. W. Carmi
dux], is a highly commendable picture. Much labour
has evidently been bestowed upon it, and hence its
finished and complete appearance. The details
of the shipping are brought out with scrupulous care,
and the grouping of the figures in the foreground
it animated and life-like. The buildings in the distance,
the gentle ripple in the water, and the atmospheric
effects are also handled in a masterly manner. Mr
Copley Fielding's "Scene at the entrance of New Haven
Harbour " portrays nature under one of the most
lowering and threatening aspects. The restless ocean,
and the dark, thick, massive clouds are admirably
executed. A very Noticeable picture, also, is Mr.
Welby's " View on the Coast of Riff, with Moorish
Pirates preparing for a Cruise."

We shall take an early occasion of resuming our notice
of the contents of this exhibition, amongst which are
numbers of pictures equally worthy of merit with the
foregoing. The exhibition was opened to public view
on Monday last.

EASTERN ETEA2II NAVIGATION COM-
PANY.

The annual meeting of the Eastern Steam Navigation
Company was held at the London Tavern yesterday,
when a report was presented from Mr. Brunel, the en-
gineer, which stated that, as regarded the construction
of their first vessel and engines, the work had proceeded
steadily, and, upon the whole, most satisfactorily. All
the main bulkheads forming the 60-feet compartments,
and the longitudinal bulkheads, together with the 40-
feet and partial bulkheads constituting the framing of
the middle body, or nearly 400 feet in length of the ship,
had been completed, and the plating of the inner skin of
the ship was commenced, and already form a very con-
siderable extent of cover, under shelter of which the
longitudinal ribs and the outer skin could be proceeded
with in all weathers. The work generally had now ar-
rived at that state at which, with the arrangements that
bad been in progress during the last month, the con-
tractor would be able to proceed much more rapidly.
Of the engines, nearly all the principal pacts were cast,
the cylinders bored, and the wrought-iron work in a
fair state of progress ; the boilers were also in hand.
The unusual dimensions, the general form and mode
of construction of all the parts involved by those dimen-
sions, the necessity of studying each part in detail, so as
to obtain by judicious mode of constructions alone the
greatest amount of strength with the minimum amount
of material; all these circumstances, and particsalarly
the last, had rendered necessary a very large, though
unseen, amount of labour in the preliminary plans and
stages of the work ; and although he had, for nearly two
years before the contracts were entered into, devoted a
great deal of time and thought to the subject, yet, of
course, until the exact size of the vessel, and the general
none f these matters could be gone into in detail. Much
plans of the company had been finally determined upon,
time had consequently been required to mature and pre-
pare the plans; and as he Lad made a rule from the fist
that no part of the work should be commenced until
it had been specially considered and determined
upon, and working drawings in full detail prepared,
and after duo deliberation formally settled and signed,
the work did not make at the outset that display of pro-
gress which might have been made if less regard had
been paid to establishing a good system, which would
prevent delays hereafter, and insure a more perfect and
satisfactory result. Ile was not prepared to say that
the work was in that state of progress which would
insure its completion within the period fixed in the con-
tract • but he was certain that if they had proceeded
with less system, they would have much delayed the
final completion. The whole of the vessel was divided
transversely into 10 separate perfectly water-tight com-
partments, by bulkheads carried up to the upper deck,
and consequently far above the deepest water-lines, even
if the ship were waterlogged, so far as such a ship could
be ; and these being not nominal divisions. but complete
substantial bulkheads, water-tight, and of strength suffi-
cient to bear the pressure of the water, should the com-
partment be even filled with water, if the ship were
supposed to be cut in two, the separate portions would
float safely ; and no damage, however great, to the ship's
bottom, in one or even two of those compartments,
would endanger the floating of the whole, or even
damage the cargo in the rest of the ship, or above the
main-decks of the compartment in question, and all
damageable cargo would be stowed above that deck.
Besides these principal bulkheads, there was in each
compartment a second intermediate bulkhead, forming
a coal-bunker, and carried up to the main-deck, and
which can, on any emergency, be closed. There were
no openings under the deep water-line through the prin-
cipal bulkheads, except one continuous gallery or pipe
near the water-line, through which the steam-pipes pass,
and which will be so constructed as to remain closed—
the opening being the exception, and the closing again
being easy ; and the height being such that, under the
most improbable circumstances of damage to the ship,
ample time would be afforded to close it leisurely, and
to make it perfectly water-tight. The directors then
say they see no reason for any abatement in their con-
fidence in the undertaking since their last report ; but,
on the contrary, they ihiak that the public inquiries
and discussion to which their operations have given rise
have tended to increase public confidence in the prin-
ciple of the enterprise, nor do they think that
it is too much to assume, in the present state of
public &Taira that a time may arrive when the success
of their endeavours will be found to be attended not
only with advantage to the proprietors, but also with
great and important national benefit's.% In the course of
a conversation which followed the reading of the report,
it was explained by the chairman and Mr. Brunel that
the vessel would be completed in about ten months, but
should the Government wish to take it up, there could
be no doubt that the work might be hastened. A further
call of about 41. per share would be required for the
completion of the vessel, and a call of 2/. 103. per share
had been made that day. Ns additional calls could,
however, be made without three months' notice. The
report was adopted, and the usual formal business trans-
acted, The following is a summary of the receipts and
expenditure from the formation of the company, Irons
January, 1851, to 31st December, 1854, viz. --
Total amount received
Total amount expended, viz.:—
For preliminary expenses, charterof incor-
poration, deed of settlement, Parliamen-
tary, law, engiueesr, interest, and other
charges £9,421 13 1
Paid to contractors „.......f,165,246 13 4

174,668 6 5

Leaving balance in hand Dee. M, 1854 £12,900 1 6

THE CAVALBY HORSES IN THE CRIMEA.

Allow me to inquire, says a practical farmer, writing
to a contemporary, whether the horses employed in the
transport of ammunition and provisions, &c., from Bala-
klava to the English camp are fed with a sufficient quan-
tity of corn—either oats or beans ? J have seen accounts
of quantities of hay being sent out, but no corn men-
tioned. Now, being a farmer myself, and working 30
horses regularly, I feel that, as a practical man, I may
venture to give an opinion. The accounts we read of
the miserable deaths of hundreds of poor, overworked,
underfed animals, and the still more horrible statements
of the same consequences ensuing to our army in the
loss of thousands of valuable lives, lead me to trouble
you with a few lires. A horse will stand a great degree
of cold and much severe exertion if he is allowed plenty
of corn. Each of the horses employed in heavy work
ought to have 111 b. of oats and 81b. of beans, with 141 b.
of bay daily. Half a hundredweight of hay, which a
horse without corn would eat, would not enable him to
sustain hard work and exposure. In fact, a horse can-
not work without plenty of corn, and the corn is easier
of transport than hay, as 201 b. of corn, with a small
bulk of hay, will be of more service than 601 b. of hay
alone.

I read of 500 fresh hones being landed at Balaklava.
Allow me to ask whether stabling is put up for them
there ? As hundreds of huts are lying useless, why
not shelter the horses with them, if they cannot be
got up for the men! A certain number of men
ought to be spared to attend wholly to the horses
and if they were kept at Balaklava no extra labou'
would be required in taking their corn up to the
camp. If well stabled and fed, why should they not
be as strong as our horses after eight hours' hard
ploughing?
__

They seem sadly to want, practical men among them.
I feel amazed that we still read of the men being obliged
to carry up their own rations. Cannot horses or mules
be found near the Crimea! If they cannot, better risk
the transport of a fresh supply from England. It will
be two months, it is said, before the railway can be com-
pleted, if it is ever done ; why not immediately send
horses and light carts on two wheels, with 250 men to
drive them and take care of the horses, also a number of
carpenters, to put up the stables, and also corn for food?
There would be no difficulty in providing horses, for
such is the feeling in the country that I should think
there is hardly a farmer to be found whe would not in-
stantly spare one from his team, and a clever man from
his employ, if needed. Let orders for the making of the
carts be issued immediately to 50 different wheelrights,
if necessary, and such is the facility afforded by railway
that if a carte blanche were given to a practical man,
such as Mr. Peto, or somebody like him, who would set
about the work without losing a day, in a fortnight the
whole might be on the sea. It's of no use talking and
lamenting over the deplorable state of things in Parlia-
ment night after night. Why not at once set to work ?
Let there be 500 horses well-stabled and fed close to
Balaklava, and 250 men sent out to groom and feed
them, harness them, and load the
with carts, drive them up
to
tt al t i
es,
nnl e.
back,B camp
tahnimeanss i
apvreo iin2soiotoohinst
goannesdl
so
ef c
tl
fooot
dohi
don,tgiac
than
&c., might
ge
nhdt bringbt
oe
conveyed dai;y, oven 'if the road be as bad as stated. The
carpenters might be sent out before the horses and carts
were ready. I know not who the person is who has the
power to order as I propose, but, whoever he is, he is
sadly to blame not to have dove so long ago. I hope
that, after your exposure of the mismanagement at
Balaklava, my remarks may have already been taken to
provide horses and men ; but, as there seems to have
been more talking than doing hitherto, I venture to pro-
pose that something may really be done.

EXPENSE OF TILE NnIoNAL DEBT COMMISSIONERS•
—The charge for the general management of the office
of the Commissioners for the Nation Al Debt last year
was About 4,701/,