The Sun.
London, England, 1862-05-22 00:00:00

NATIONAL REFORM CONFERENCE.

The conference of the delegates of the National
Reform Association reassembled yesterday, at the
Whittington Club. Mr. G. Wilson, of Manchester,
presided. The attendance of delegates was less
numerous than on Tuesday.
At the close of the sittings on Tuesday, a com-
mittee was appointed to draw up resolutions, so as
to bring before the Conference yesterday some de-
tailed and distinct propositions, upon which a defi-
nite issue might be arrived at.
The CHAIRMAN, in opening the proceedings, in-
formed the Conference that the committee was still
sitting, not having yet passed their resolutions, and
while they were doing so he invited the delegates
who had not expressed the feelings of their consti-
tuents on the subject of reform to do so.

Mr. ELLIS, Chairman of the Central Committee
at Leeds, said he was well acquainted with the po-
litical feeling of the West Riding of Yorkshire, and
he knew that there the universal feeling was that
every man should have a vote who was rated and
rateable.to the relief of the poor.
Mr. GAWLER, of Bristol, said he hoped a system
of manhood suffrage would be adopted,but in order
to unite all parties, they would pledge themselves
to adopt a moderate course; he should not himself
be satisfied with a £5 franchise,except as an instal-
ment.

Mr. MILNE, of Oldham, advocated universal suf-
frage.

Mr. SCOTT, of Belfast, would not be satisfied
until they Lad obtained manhood suffrage and with
ballot, but advocated unity of action.

Mr. Cooper, on the part of the committee, brought
up the proposed resolution.

Mr. PORTER, of York, moved, and Mr. MOORE,
of London, seconded the first resolution, to the fol-
lowing effect :—" That the Conference has maturely
considered the existing state of the representation
of the United Kingdom, and is unanimously of
opinion
.that such representation is a gross injustice
to the working classes, who are almost entirely ex-
cluded from the franchise, not withstanding that
their skill and industry largely contribute to the
prosperity and pre-eminence of the nation.
After some discussion, and the development of
very conflicting opinions, the resolution was carried.
Mr. COOPER, of Manchester, then proposed, and
Mr. ELLIS, of Armley, seconded the second resolu-

MONEY MARKET.

CITY, TWELVE O'CLOCK.

The directors of the Bank of England at their
meeting to-day have advanced their rate of dis-
count from 2f to 3 per cent. The extraordinary
magnitude of the withdrawals of sovereigns on
account of the Turkish loan, and the full rates asked
in the discount market which caused the bulk of the
commercial bills offered for negotiation to be taken
to the national establishment, fully prepared the
public for this alteration, and it has consequently
created little commotion either in monetary and
commercial circles or at the Stof:k Exchange. The
bullion has been trenched upon to a considerable
extent, and the weekly balance-sheet to appear
this afternoon will no doubt exhibit a considerable
addition to the bills under discount. Under the
circumstances it would not have produced much
surprise if the authorities had carried the rate to
31 instead of 3 J:',er cent.
There is an active inquiry for discount accommo-
dation, and full rates are demanded in all instances.
In accordance with the advance in the official
minimum, the Joint Stock Banks and discount
houses have made a corresponding alteration. The
Banks now allow 2 per cent. for deposits, while the
Private firms give 2 per cent, for money at call, and
21 per cent. with 7 days notice of withdrawal.
The bullion operations at the Bank of England
yesterday were of an unimportant character.
The Bremen from New York has brought £2,000,
and the Alhambra £1,483 in specie.
A meeting of the Intercolonial Royal Mail Steam
Packet Company has been called for the 30th inst.,
for the declaration of the dividend.

The last week's railway receipts, ascertained up
to this day, are in round figures its under :

1862. 1861.
Great Western £56,852 59,507
North-Western
South- Western
lirighton
Midland 37,478 39,881
South-Eastern
Great Northern
Lancashire and Yorkshire 31,119 38,663
Bristol and Exeter
North. Eastern
_Eastern Counties
Manchester, Sheffield, and Lincoln 13,498 15,975
Great Southern and Western of Ireland 8,406 8,186
Edinburgh and Glasgow
Great Western of Canada
These returns show a continued decrease in the
receipts of most of the principal lines. On the
Great Western it amounts to £2,655; on the South
Western to £1,832 ; on the Brighton to £215 ; on
'the Midland to £2,403 ; on the South Eastern to
£220; on the Great Northern to £3,387; on the
Lancashire and Yorkshire to £7,544 ; on the North
Easter to £3,203 ; the Eastern Counties to
£2,047 ; and the Manchester, Sheffield, and Lincoln
to £2,477. The London and North Western, how-
ever, exhibits an increase of £2,251, and the Great
Western of Canada of £1,476.
In the Liverpool Cotton Market yesterday there
Was considerable animation, and prices were id.
per lb. higher. The sales, however, amounted to
5,000 bales, owing to the advanced rates.

CITY NEWS---THIS DAY.

Two O'CLOCK.

A decline of s per cent. has taken place in the
English Stock Market since the advance in the
Bank rate was announced. Consols are 931 d for
transfer, and 91! 92 less the dividend for the ac-
count. The New Threes and the Reduced are flat
at 911 Y ; the New 2* per Cents., 771, ; Exchequer
Bills have receded to 13s. and 16s. prem. ; Bank
Stock is 2364 and 237; and India 5 per Cents. re-
Main at 1091- y.
-

The dealings in the Foreign Mark have been
rather circumscribed, and prices show no important
variation. Turkish 6 per Cents, are 801 ; ditto,
1858, 701 ; ditto New Loan Scrip, 21 4 prem.;
Egyptian, 11 a ; Mexican are flat, at 311 2 ;
Grenada 2 per Cents. at 25/ ; and Italian have de-
clined to 691 ; Spanish Passive are 191- ; and ditto
Certificates 81 a. The Russian Loan is a prem.
The operations in the Railway Share Market
have been very limited, and prices have shown
little change of importance. Eastern Counties,
Great Western, Manchester, Sheffield, and Lincoln,
and North Eastern (Berwick) have receded ss.
The Foreign and Colonial lines are also at slightly
reduced prices. South Austrian and Lombardo-
Venetian have declined to 211 ; and Great Luxem-
bourg to 144 I; Grand Trunk of Canada have im-
proved to 241; and Great Indian Peninsula, to
103.

Joint Stock Bank Shares continue inactive. Lon-
don and County, however, have improved to 381 ;
Ottoman Bank, to 251- ; Alliance of London and
Liverpool realise 91 ; and Union of Australia, 45.
The applications in London for shares in the
Union Bank of Ireland are stated to amount to
nearly the entire capital.
In the Miscellaneous Market there has been little
change of importance to report. Peninsular and
Oriental Steam are steady at 69 ; Red Sea and
India Telegraph at 19 to 19k ; Madras Irrigation at
3i; and Atlantic Royal Mail Steam at 3.

BRITISH FUNDS—ONE O'CLOCK.
Bank Stock
3 per Cent. Reduced Annuities
3 per Cent. Consols Annuities • 931 i i
New 3 per Cent. Annuities 914 *
New 21,-, per Cent. Annuities 774
Annuities, 30 yrs, expire 6th Jan., 1880 —
Ditto for 30 yrs, expire sth April, 1885 154
India Stuck
Ditto 5 per Cent.
Ditto Enfaced Paper, 4 per Cent —
Ditto 5 per Cent lO3
Ditto 5f per Cent . . lo9a
Ditto Debentures, 4 per Cent.TOct., 1863
Ditto dtito April, 1864 100
Dino Bonds £l,OOO
Ditto under £l,OOO
Consols for Account, June 10
Exchequer Bills £l,OOO, 3 per Cent l6 13
Ditto £SOO
Ditto Small
FOREIGN FUNDS—ONE O'CLOCK.
Brazilian, 5 per Cent.
Ditto 41 per Cent., 1852.58-60
Egyptian, 7 per Cent
Mexican, 3 per Cent
Ditto Account
New Grenada, 2 per Cent
Portuguese 3 per Cent:, 1853 —
Ditto Account . 45i
Spanish 3 per Cent
DittoWassive ... 194
Spanish Cert. of Coup. not funded
4
i urkish 6 per Cent. 1854
Ditto, £lOO Bonds
Ditto 1862 (Scrip) .
Ditto, Paio up Scrip .. 21 a. .
.Cent. ........
Italian 5 per Cent., 1861, ex 25f 694
TWO 0'(11,0(7'
Consols, Money
Ditto Account

It appears that, in addition to the remarks of his
Royal Highness the General Commanding• in-Chief on the
late court-martial on Captain Robertson, published on the
17th inst., it was intimated to Major Jones that he was not
to expect any further promotion, and Lieut. Rintoul was
informed that the practice of making notes of the private
conversation of his brother officers, and producing them
afterwards against them, is unwarrantable and repre-
hensible.

A CON. FOR NATURALISTS.—What creatures may
be said to live on their relations? Why, the Aunt-eaters,
to be sure I—Punch.
The Directors of the Australian Agricultural
Company have decided to recommend at the annual meet-
ing in July, that sheep breeding on the company's estates
be resumed in 1863. If after consideration the shareholders
adopt this recommendation, a call of capital will be neces-
sary,

PROROGATION OF PARLIAMENT.—We believe the
parliamentary session will be brought to a close about the
15th or 20th of July. If it were desirable the business
might be wound up much sooner; but, as the duration of
the parliamentary season very much influences the stay of
the fashionable world in town, it is considered advisable to
keep both Rouses sitting until about the time when the
upper ten thousand generally migrate. The only measure
to be brought forward by the Government by which tho
allotted time can be spun out is the Transfer of Land Bill,
about which lawyers and country gentlemen will have
volumes to say. The only really important debate likely to
arise before the recess will be that on the deferice question,
the period for which will depend on the time at which
the supplementary report of the Commission will be laid
before Parliament.

A memorial to Parliament has been signed by all
the leading mail steam companies,
principal anies, the large marine in-
surance offices, and many of
underwriters of London, praying that
shipowners and
d the clause proposed
by Sir James Elphinstone may be added
to the Merchant
Shipping Amendment Act, requiring al chain cables and
anchors to be subjected to the same test of strength as that
used in the Royal Navy.

LINES LEASED AT FIXED RENTALS.
Railways. Paid. Leasing Closing Business
Co. s Price. Done.
Bedford and Flletchleyl all Ln.tN.W
Birkenhead..
Buckingh m._ll re.
Chester & Holyhead lOO Do 54 56
Do. 54 per cent 100 Do.
Do. 5 „ 100 IDo.
Clydesdale Junction 100 'Cledon.
Colchester, Stour Val. 100 E.U.&E.O
E. Lincolnsh. gr‘pr c. 100 Gt.Ncrth. 136 138
E.Union,HarwichShs all E.Counts. 41 41
Do. Woodbridge....! 100 .. • • ••
Gls. Barr.&Neils.Drct. 100 Cledon
Gloster&DeanForestj all Gt. West .. ..
Hull and Selby I all Yk.N. Mid 110 112
Do. halves
Do. quarters
Lancaster & Carlisle 100 Ln.&N.W 199 202
Lon. and Chat Ext. B
6 per cent
Do. Bromley. 6 per c all D 0... .. ..
Do. New Sh 1861, 4 p.c all Do 2O 22
Do.W . Ext. A, 44p c. all D 0........ 8 9
London & Greenwich 100 S. Eastern 62 64
Do. Preferen •
Lon.,Tilla.& S.. -`bend 100 Peto &Co B7 89 881
Lowestoft g-ua. 4 pc.. 100 Norfolk
Do i per cent lOO Do.
31nc.,8xtn.,& 3latlock all LNW& 31 4- 4! 3
Mid. Bradford Prefer-
ence stock
Newmarkt, BuryEx I 5. 5. 6. E Counts. p i p
g-ua. 5 per cent... pm
North n.&Eamtn. sp. c. all Do.
Do. 6 per cent. .... all Do.
Do. Fixed sp. c.... all Do.
N. Eastn—Hartlepool 110 N. E. Ber .. ..
North Western
Not. Gran. Rl. & Cl. 100 Gt.Norih. 92 93f
L&N.W
Preston and Wyre. 1 ' all &L. yk. ) 44 46
Do. 4 shares A all iDo. ••• • ..
„ ..
Roystn.Hitch.& Shep. 100 Gt. North i . 135 137
Shrewsby & Hereford 100 T Brassey 125 130
Do. Do.
South Staffordshire
Wilts and Somerset lOO tGt. West.l 93 95
Wimbledn er Croydon, all L,SzErgtn I 86 94