The Sun.
London, England, 1852-10-15 00:00:00

SHANGHAE MARKET REPORT.

The sales of English cotton goods had been very large
throughout the month, and a fair amount of business had
been done in American manufactures. The sales of all
these, together with the proceeds of the drug disposed of,
had not sufficed to pay for the heavy transactions in raw
silk, which, in the two opening months of the season, had
amounted in value to three-and-a-half millions of dollars,
or 12,500 bales. Upwards of 7,000 bales had already been
shipped off.
CANTON MARKET REPORT.

There has been a larger business done in long cloths
and yarn during the past month than in any late pre-
vious one. The clearances in both have been consider-
able. The activity has somewhat lulled during the past
few days, owing to a scarcity of money amongst the
Chinese, which has caused the rate of interest to ad-
vance about half per cent. per month. This has pre-
vented dealers from entering upon any speculative pur-
chases.

THE BUILDERS' BENEVOLENT
INSTITUTION.
The anniversary dinner of the Builders' Benevolent
Institution was held yesterday evening at the London
Tavern, Bishopsgate-street, Samuel Morton Peto, Esq.,
M.P., President of the Institution, in the chair. There
was an exceedingly numerous attendance of the friends
and supporters of the institution, and amongst the gen-
tlemen who occupied the chairman's table wo observed
the principal builders and contractors of the metropolis.
After ample justice had been done to a very excellent
dinner, embracing all the delicacies of the season,
The CHAIRMAN said he was glad to see so numerous
an assemblage around him. He could assure them that
he was by no means disloyal, although the day previ-
ously he received through the Lord Chamberlain her
Majesty's special summons to be at Bangor
to-day, as chairman of the Chester and Holyhead
Railway Company, to attend her Majesty's inspection of
Mr. Robert Stephenson's tubular bridge, but finding
that his keeping such an engagement would have pre-
vented his being present to-night, he felt it to be his
duty to return a respectful message back, stating that
he had made a previous promise to this institution,
which it was impossible for him to forego.—(Cheers.)
He had now to propose to them, with heart and soul,
the 'health of " Her Majesty the Queen, God bless
her."—(Cheers.)
The toast was drunk with honours.
The CHAIRMAN next gave them the health of his
Royal Highness Prince Albert, and the other branches
of the Royal Family, which was also responded to in
bumpers.
The CHAIRMAN said the next toast he had to propose
for their consideration was more immediately connected
with the object of their meeting.—(Bear, hear.) As he
had the pleasure of seeing around him a large number
of practical men of business, accustomed by their every
day habits to matters of detail, he was sure they would
excuse him it, before he said anything in furtherance
of the toast he bad to propose, he gave them a few de-
tails respecting the rise and progress of the institution.—
(Hear, hear.) He should tell them that this society was
established in 1847, and that the number of pensioners
now on its books was fifteen; while they had unsuc-
cessful candidates at the last election in 1851, besides
others who had applied for assistance since.—(Hear.)
The funded stock of the institution amounted to
2,8501., and the number of annual subscribers was 790,
giving a total income from both these sources of 560/. per
annum.—(Cheers.) He had also to advert with pleasure
to the success of the Brighton branch, which had sent in
annual subscription amounting to 55/. 135., which when
added to the donations collected by the brunch, made a
total of 76/. 13s.—(Cheers.) So much, then, for practi-
cal details. Give him leave now to state that many of
the unsuccessful candidates to whom he had made re-
ference were known to himself, and once they were like
themselves, in a state of affivance and comfort.—(Hear,
hear.) Those who were now the recipients of their
bounty he had known from his earliest youth, and he
honoured them none the less at the present moment be-
cause it had pleased Divine Providence to reduce their
prosperity.—(Hear, hear.) They aught, indeed; to con-
sider it an honour to themselves to be able to minister
to their comfort and support, but he had the gratifica-
tion of recognising many there with whom
he had long been associated and he was sure so long
as they were allowed all that was necessary for domestic
happiness, they would never forget the claims which this
institution had to their sympathy and support.—(Cheers.)
Placed as they all were in a position of affinence, as it
were, could anything be more pleasurable or more de-
lightful than to recognise in the success of this institu-
tion the claim of their less fortunate brethren to succour
and help7—(Hear.) He felt then that he should not
appeal to them in vain to-night to place the institution
in such a situation as to be able shortly to relieve the
thirteen unsuccessful candidates at the last election, all
of whom they knew to be worthy of the assistance they
asked for and honourable members of the craft to
which they belonged.—(Cheers.) He would not say
more upon that head, but simply call upon them now to
drink to the bottom of their glasses " Prosperity to the
Builders',Benevolent Fund," and show by their determi-
nation that it should continuo still to flourish.
The toast was drunk with the utmost enthusiasm.
The CHAIRMAN—The next toast be had to propose to
them had reference to the Brighton branch, of which he
had already made mention.—(flear, hear.) He had the
pleasure of seeing the chairman of that local branch at
his own table, and to satisfy those whom he addressed
that no more fitting person could have been selected for
that post, he need only mention to them that this gen-
tleman had also been elected high constable by the
people of Brighton.—(Cheers.) He had much pleasure
then in proposing to them " The Health of William
Beedham, Esq., the Chairman of the Brighton Branch."
The toast having been drank with honours,
Mr. WILLIAM BEEDHAM returned thanks. Ho said the
compliment had unexpectedly come upon him, and it sa-
tisfied
Branch,
terhatenl the Brighton
parentit vi ai ns
stt
true,
utnet,Branchinstitution.—(Hear,
gh hyt
on ofwas,(o ln l eya ri
at,
hhear.)
hho iTmshyeint that, small
as
Quick, but its members had full confidence in the Trunk,
and they hoped ere long to be able to develops them-
selves into a Branch.—(Cheers and laughter.) Again
he begged to thank them for the compliment they had
paid him, and to assure them, on behalf of his Brighton
friends, that they should always be ready to co-operate
in the beat way they could with the parent institu-
tion.—(Cheers.)
The CHAIRMAN next proposed " The Patrons of the
Institution," coupling with that toast the name of
Thomas Grissell, F.S.A., whom he pronounced to be a
Rood fellow, ever ready with a warm hand and a spark-
ling eye to assist his brother tradesmen in their strug-
gles through life.—(Cheers.)
The toast having been drunk with honours,
Mr. THOMAS GRISSELL returned thanks, and in doing
so he took the opportunity of observing that it afforded
him and the other patrons of the institution extreme
pleasure to see that the institution was steadily progres-
sing in the estimation of the public, and he congratulated
the members in the choice they had made in electing the
chairman as president of the society.—(Cheers.) They
had now the best possible prospect before them, and he
was confident that ere long the institution would rank
amongst the first in the country.—(Cheers.)
Mr. Dwells PLPER proposed the health of the
chairman and president of the institution, and reminded
the company that it was not every gentleman who would
risk incurring the displeasure of the Sovereign for the
sake of assisting at the anniversary of an institution like
this. And yet their chairman and president had pre-
ferred attending there to going to Bangor, because he
felt he had a great moral duty to perform towards those
who looked to him for relief in a time of need.—
(Cheers.) The chairman had raised himself to the
elevated position that he held in society by his own in-
dividual exertions; and if they could be allowed such a
choice, he would be the very man whom they would se-
lect, to show the Legislature what a builder was.—
(Cheers.) He welcomed the, chairman as an embodi-
ment of all that was good in the building community,
send he called upon them to drain their glasses to the
bottom in drinking his health.—(Cneers.)
The toast was drunk amidst repeated rounds of
cheering.
The CHAIRMAN hardly knew bow to thank them for_
Thai had drun
the warm and hearty manner in which
he attrik-
his health, but this much he could say, f
buted all his success in life to an early course Ft
nted ann.wi n
th
g
in the workshop, where he became acquai
those details which never failed to enable man to carry
out great works.—(Cheers.) He hoped never to be dis-
severed from this society, for the greatest ambition of his
life was to remain a builder to the end of his life;
and he should be ever ready and willing to co-operate
with the members of this institution in the good work
which they
had undertaken.—(Cheers.) They could not
11 meet the same measure of success in business, and
°
therefore it behoved those whom Divine Provinence
blessed with fortune to make provision forthe comfort
and
happiness of their less fortunate brethren.—(Hear.)
Hence he wanted this anniversary to be the crowning point
of the success in establishing the Builders' Benevolent
Institution—that they should now be able to say that
they had got beyond the pivot upon which success turned
—and again thanking them for the manner in which
they had responded to the last toast, he would once
more take the opportunity of repeating, " Never let it
be said that we have neglected those who are not equally
successful in business with ourselves."—(Cheers.)
The CHAIRMAN proposed the health of Mr. George
Bird, the treasurer of the institution, and took occasion
to pass a warm eulogium upon the past exertions of that
gentleman.
The toast having been duly responded to,
Mr. GEORGE BIRD returned thanks, and expressed a
hope that those retired members of the trade, who had
neglected to respond to his call for subscriptions, would
see in print the eloquent appeal which had been made to
them by the chairman to-night.—(Hear, hear.)
The CHAIRMAN next proposed success to " Archi-
tects and Surveyors," coupling with the toast, which was
honoured like the others. the name of G. Godwin, Esq.,
F.R.S., editor of the Builder.