The Sun.
London, England, 1855-11-24 00:00:00

TSB TALLOW TRADE.

The calculations contained in the following cir-
cular of Messrs. Smith and Charles have created
great interest in the trading circles connected witi
the Baltic produce market :

" London, Nov. 23, 1855.
"The fluctuations that have lately occurred in the
price of tallow, which, on Monday last; was 695., and
rose the next day to 735. Gd., declined to 71s. on the
Saturday, and rallied in a few hours to 725., attained to
72.. 6d. in the course of last Tuesday, and then receded
to 70s. 61. in less than two days. Fluctuations calcu-
lated to perplex the minds of those engsged in this most
important branch of our manufacturing industry, have
induced us to collect all the facts that it was possible to
obtain on the subject of stocks and supplies, and, deduct-
ing from these the probable consumption, to exhibit at a
glance the prospects of the article. We have added a
comparative statement to enaLle our friends to judge for
themselves how far that part of our table which, relat-
ing to the future, must necessarily be problematical, is
likely to be realised. We may add that although we have
shown that, on a fair calculation, the stock in Aug. 1856
must be reduced to 5,397 casks, we do not mean to pre-
dict that any such calamity will occur. Our object is
simply to point out the tendency of the present state of
thing., unless counteracted by some special causes, leav-
ing it to each of our clients to supply these special
causes for himself.

COMPUTED STOCKS, &C., OF TALLOW, BETWEEN
jAITUARY 1 AND AUGUST 1, 1856.
Casks.

Forwarded from St. Petersburg, as per offi-
cial lists
Ditto from interior of Russia, as estimated
by various merchants in the trade 14,000

53,248
Arrived at various ports of destination on 19th
Nov. inst.
To arrive -- 26,768
Assuming the whole destined for London-10,000
will probably arrive by Dec. 31, A, 13,000 more
by March 31, B, and 3,768 more by July 31, C.... 26,768

Stored in St. Petersburg, according to official lists 14,629
Assuming the u.hole to come to London-4,000 may
reach their destination by March 31, D, and
10,629 more by July 31, E 14,629
Stock in London, Nov. 19,1853 17,200
May arrive by Dec. 31, A 10,000
Ditto ditto from other places 2,000

29,200
Delivery from Nov. 19 to Dec. 31, at 2,600
casks per week
Stock in London, Jan. 1, 1856.. -----13,600
Steck in London (computed), Jan. 1, 1856 13,600
May arrive between Jan. 1 and March 31, B 13,000
Ditto ditto D 4,000
Ditto ditto from other places 4,409

35,000
Dalivery from Jan. 1 to March 31, at 2,000
casks par week 26,000
Stock in London, April 1, 1856
Stock in London (computed), April 1, 1856... 9,000
May arrive between April 1 and July 31, C... 3,768
Ditto ditto E... 10,629
Ditto ditto from other places... 6,000

28,397
Delivery from April 1 to July 31 23,000
Stock in London, August 1, 1856 -
COMPARATIVE STATEMENT.—STOCKS AND PRICES OF
TALLOW, &C., IN LONDON.
_

1856.*

1855

1854.

5,397

Stock. Price. Stock. Price. Stock. Price.
Jan. 1. 13,600 35,781 64s 6LI 43,106 59s 6d
Aprill. 7,000 33,913 48s 0(1 34,600 68s Gd
Aug. 1. 5,397 44,626 55s Oct 33,575 66s Od
1853. 1852. 1851.
Jan. 1. 47,282 45s Od 64,636 37s Od 52,159 37s Od
Aprill. 32,248 45s Od 43,163 36s Od 36,461 40s 0.1
Aug. 1. 18,672 51s 0.1 42,533 38s Oct 33,076 33s Oct

4' Computed as above.
" It should be observed that the repeal of the soap
duty came into operation in July, 1853, and that in spite
of the war the manufacture of that article has largely
increased, occasioning a proportionate consumption of
tallow and oils. With an average supply of tallow, and
apart altogether from any expectation that the soap tax
would be remitted, the price of tallow had advanced in
the spring of 1853 to 455. Assuming 435. to be its
normal value previously to the abrogation of the soap
duty, it may justly be assumed that the price would sub-
sequently have ranged ss. per cwt. higher had the ordi-
nary operations of the trade not been interfered with by
the war, which broke out shortly after the remission of
the tax in question. It should also be remembered that
the price (435.), which is recorded in April last, was
due to- an extraordinary panic in our market occa-
sioned by the death of the Emperor Nicholas, and the
anticipation of a sudden peace resulting' from the
Vienna Conference. The absurdity of this panic has
been demonstrated by the advance that has since taken
pace ; and this much, at least, would appear to be
certain, that should peace happily be brought about dur-
ing the next few months, no greater quantity of tallow
could reach this country through the Baltic before
August next than that which we have assumed will ar-
rive overland. Rather would the prospects of such an
event deter importers from incurring the heavy expenses
of the overland transit. However, peace is a subject
that need not be discussed here, for it seems to be uni-
versally agreed that there is not the slightest ground for
such a hope to rest upon. It only remains, then, to
observe that in the foregoing statement, we have as-
su.ned that the whole of the Russian supplies come to
London. London, therefore, will be the emporium of
the article ; and consequently the deliveries must be pro-
portionately great. Tne home supply is conceded on all
hands to be far short of an average. From South Ame-
rica, Australia, and North America, we learn that the
shipment will be very deficient. The substitutes for
tallow—such as palm oil, and cocoa-nut oil—are not in
excess of their usual quantities. As respects our own
outports, they are bare of stock, while Liverpool (the
greatest of them), which had 6,000 tons of lard in stock
this time last year, is now without any, and the com-
puted requirements of that town and district are 800 mks
of tallow per week. Since the above was e ritten, we have
received a telegraph, stating that the ports of Konigs-
berg and Memel are closed by ice. Our St. Petersburg
advices are to the 15th instant, business was being trans-
acted to an unusually large extent in tallow ; during the
week 4,000 casks had been bought out of the 14,629
casks referred to above, at 148 to 153 Re. ; and 1,000
casks had been taken for August delivery, at 138 10,
and which may be expected to arrive this time next
year. Exchange, 35 3-16 to 5-16. The public sales to•
/lay consisted of 591 casks, whereof 357 sold. Austra-
lian beef, 695. ; sheep, 71s. ; South American, 725. The
delivery is 4,001 casks, the arrival 5,007. Our market
leaves off all the year, 703. ; December, 70s. ; January
and March, 70s. ; on the spot, new Y.C., 70s. ; old,
70s. : cocoa-nut oil (Cochin), 51s. ; Ceylon, 50g. ; palm
oil, 50s. ; linseed, oil, 435. 3d. ; tallow oil, 445. ; tal-
low, Elaine, 673. ; town tallow, 695. net cash."

TESTIMONIAL TO MR. T. D. FINNIGAN.

On Thursday a public dinner was given to Mr. P. D.
Finnigan, late Superintendent of the South-Eastern Rail-
way, at the Bull Inn, Tunbridge, at which a handsome
toAimonial from the inhabitants of the town was pre-
sented to that gentleman.

The chair was occupied by Mr. Wm. Bartram ; and
amongst those present were several of the most respect.
able inhabitants of Tunbridge.

The CEIAIRMAN, in giving-the toast of the evening—
" The health of Mr. Finnigan"—and on presenting the
testimonial (a splendid silver inkstand and desk) to him,
said it was a token, though a small one, of the high
esteem in which ho was held by the inhabitants of Tun-
bridge. He (Mr. Finnigan) had lived amongst them for
upwards of eleven years, and ;by his kindness and cour-
tesy, and the desire he had always manifested to render
assistance in his official capacity to such of the inhabi-
tants as needed it, he had become the object of general
esteem. (Applause.) Mr. Finnigan was, as he (the
Chairman) was sorry to learn, about to leave them ; but
he was pleased and delighted to be enabled to tell him
that ho would take with him the regard, respect, and
good wishes of all his Tunbridge friends. He (the Chair-
man) expressed not only his own feelings and wishes,
but also those, he felt sure, of every one present that
evening, when he wished him all possible health and
prosperity. (The toast was drunk with loud applause
and a sharp Kentish fire.)
Mr. FINNIOAN, on rising to respond to the toast, was
received ,with loud applause. He commenced by ex-
pressing his deepest gratitude to the Chairman for the
manner in which he had proposed his health, and his
sincere thanks to the gentlemen present for the kind and
cordial manner in which they had responded to it. He
also expressed his sincerest thanks and heartfelt grati-
tude for the handsome testimonial they had that day
presented him with ; and thus concluded a very ani-
mated and appropriate address:—lf I haVe, in the ob-
servations I have made, succeeded in convincing you
how much I esteem your kindness, and with what regret
I leave you after a residence here of eleven years, my
object is accomplished ; and I shall therefore conclude
by wishing you all health and happiness, and by asking
you to accept my best thanks, with all the sincerity that
a man can offer them, and to believe me that Tunbridge
and its associations will be lost to the recollection of
your humble friend only when the obliterating hand of
death terminates his earthly career.
The remainder of the evening was spent in great
hilarity. Many toasts were given and responded to, and
the company did not separate until a late hour.

ACCIDENT ON THE MANCHESTER AND LEEDS RAILWAY.
—THREE MEN KILLED.—On Thursday morning, three
men employed on the above branch of the London and
North-Western Railway were proceeding shortly before
7 o'clock, to their place of labour, about 200 yards be-
low the Go!car station, and had passed the station,
when they heard a train coming along the up-line.
They stept on to the down line, to wait until it had
passed ' • but, sad to relate, a goods train was coming
along the down-line at the same time, and it seems that
they did not hear it. The engineer of the up-train
whistled and made signs to the men, but they took no
notice, and the down-train swept over them, killing
them on the spot. Some other workmen came down
immediately afterwards, and found the bodies of their
companions awfully mangled. One of the bodies was
headless, and the right arm had been torn out of joint,
and one foot crushed. Another had the skull smashed,
and the right arm torn away from the body. The head
of the third only adhered to the body by a small integu-
ment, and the left leg was torn out at the knee joint.
The bodies of the men were removed to the Junction Inn,
GAcar, where they now await a coroner's inquest. The
names of the men are John May, Slaithwaite, who has
left a wife and two children, Abraham Bannforth, Mars-
den, who has left a widow, and Jonathan Wood, Slaith-
waite.