The Sun.
London, England, 1862-02-28 00:00:00

(Entered at Stationers' Hall.)

THE TIMBER RESOURCES OF CANADA.—The prin-
cipal descriptions of timber found in the forests of Canada
are—White, yellow, and red pine, white and black spruce,
tamarac, white, rim, and black ash ; grey, red, soft, and
rock elm; bird's•eye, white, and red oak; bird's-eye, curly,
and soft maple; black and grey walnut, smooth and rough
bark hickory, ironwood, red wild cherry, bass wood, beech,
red and white cedar, homlock, fir poplar, chestnut, button
wood, and white wood. For furniture and ornamental pur-
poses the luxuriant beauties of our crotched, wavy, and
mottled black walnut are well known both here and in
Europe ; also the beauties of our bird's-eye and curly
maples, as well as of our curly birch, crotched white oak,
and red wild cherry. The superior qualities of our white,
red, and yellow pine are fully acknowledged in the markets
of Europe. Our oaks, elms, and tamarac rank high for
ship-building and general purposes. In fact, all our woods
are susceptible of being utilised in the arts and manufac-
tures. Canada exports annually about 30,000,000 cubic
feet of timber in a rough state, and about 400,000,000 feet,
board measure, of sawed lumber. The revenue derived by
the provinca during the year 1860 for timber cut in the
Public forests amounted to about 500,000 dols, or £125,000
currency.—Canadian Areas,

The adVertiseruent convening the meeting having been
read, the chArrnan called upon` the secretary (Mr. Linford)
to read the annual report, which was as follows
The lloard of Mahagernehtlieg to present to the tnetnbers
and friends of this fund their 21st Annual Report, which it
affords them much gratification to state is (•f an extremely
favourable character. The income for the year 1861 has
been as follows;—Donations 421 55., annual subscriptions,
£528, ditto of os. and upwards, from Assurers being clerks,
£732, total, £1,281 ss. ; net proceeds of the dinner in May
last, £2,593 178. 11d., interest, dividend's, tkc., XBB9 17s. Bd.
Total; £1;765 Os. 7tl. '
The very handsome sum realised by the dinner, Which was
held on the 30th May last, under the presidency of the Right
Hon. the Lerd Mayor, will, doubtless, be remarked with
satisfaction by the members. It will be remembered that,
with a View to assist and strengthen the efferis of the board
on behalf of this valuable fund, a' personal appeal was ad-
dressed to every member, earnestly soliciting his co-opera-
tion. Ihe result of this appeal has. been in the highest
degree gratifying, not only from the pectiniary results, but
from the kindly feeling exhibited among •the members at
large, which the board desire to acknowledge most cor-
dially, and the encouragement thUs afforded to the board in
their own exertions. Several cases pf immediate and press-
ing neeessity have come before trig board during the past
year, and the sum of £245 2a-Acas bee& depended in gra-
tuities towards assisting the a , iirtlierr 'need. -Pal...
suant to the resolution of jh. • eve* meeting on
the 6th February.; 18q1,4i3i elec • • ThAt, ta •
on the 28th of May last, when the. o Owing weft) -Create , 4etz
--one'elerk to an annuity of A39,'orie widow to an annuity of
£2 two widows to annuities of £l6 each, making a total of
£BO per annum. Three annuities of .415 each hate fallen in
during the past year ; one by death, one by the re-marriage
of the annuitant; and one from the voluntary relinquish-
ment of the anniiity by the Widow receiving it, in conse-
quence of an improvement in her circumstances, There
are now upon the fand 11 clerks and 48 widows, who are
receiving collectively £1,070 per annum. The board now
recommend that eight additional annuites be granted, vii.,
two clerks and six widows of clerks. A. resolution to the
above effect will be submitted to the meeting. The board
trust that the zitriking eVidenee Which the accounts of the
past year exhibit of the results that can be achieved when
their exertions are cordially supported by the members,
will, for the future, secure a continuance of that support.
The CHAIRMAN, in moving the adoption of the report,
said he had been most unexpectedly called upon to preside
over the meeting by the unavoidable absence of
_their
worthy treasurer and honourable friend, John Abel Smith,
Esq. In fulfilling that post his duty was one of a very
agreeable and easy character, inasmuch as he had only
to Congratulate the members of the society on the great
success which had attended their operations. After an
existence of twenty years and upwards, the insti-
tution had now arrived at a state of maturity, which
he hoped firmly established its future prosperity. The
necessity for such an association was abundantly proved
by the great advantages which accrued from it. He need
hardly tell them that it had the effect of encouraging
amongst its mombers that spirit of frugality and providence
which was the best guarantee for independence in after
life. One great principle in the working of this institution,
was, that it granted loans to members who, from misfor-
tune, and not from improvidence, were reduced to tempo-
rary want, and it was gratifying to learn that the large sum
which had been so advanced had been applied in such a
manner that the losses incurred had been very trifling in-
deed. As he had been amongst the earliest promoters of
the institution, he was extremely happy to see it established
on so secure and permanent a basis. He regretted a
previous engagement prevented him the pleasure of re-
maining with them to the close of their proceedings,
and therefore after formally moving the adoption of the
report, he would ask their valued friend, Mr. Richard
Jones, to take the chair he was compelled to vacate.
Mr. H. JONES having complied with the request, said
before putting the motion for the adoption of the report, as
it was the anniversary of the 21st year of the existence of the
fund, a few words from him would not be out of place. In the
first place he wished to direct the attention of the meeting
to what had been done. During the time the fund had
been in existence they had spent no less a sum than £2,000
in gratuities, which had been of the greatest benefit to those
it had been given—(cheers)—and above £9,000 in granting
annuities. (Cheers.) Such facts spoke for themselves.
Those gentlemen present who had attended the public
dinner at the end of the month of May last
year would, perhaps, recollect that when he had
the honour of addressing them on behalf of the bene-
volent fund he urged them to be liberal in their donations,
as it would perhaps be the means of increasing tho number
of annuitants at their next election. (Hear.) That appeal
was most generously responded to, and now they had the
satisfaction of hearing that in place of the number usually
elected the directors had been enabled to double it, by
electing eight annuitants instead of four. (Cheers.) The
directors had also lent out during the past year a consider-
able sum in loans from £25 and under amongst the mem-
bers who had stood in need of temporary assistance; and
ho was happy to find that those loans had been punctually
repaid with very trifling loss. The directors knew that the
money had been of the greatest assistance to those who had
had it, and he had only now to urge them in the strongest
manner to go on and prosper in the good work they had
undertaken. (Cheers )

The adoption of the report was then put to the meeting,
and carried unanimously.
Mr. WELCH, deputy-chairman of the Life Assurance
Branch, in moving the next resolution, said no one could
feel more gratified at the announcement which it made than
he did, as it was more especially the chairman and himself
that became acquainted with the distresses of the applicants
for relief. The communications were received in the most
confidential manner, and the unfortunate circumstances
with which they were made acquainted were never allowed
to pass out of the board-room. (Hear, hear.) When he
found by the resolution that it was proposed to add two
clerks and six widows to their annuitants, which would
then amount to 67—(cheers)---ho thought every one of them
would go home that night, feeling a delight and pleasure
that they had contributed towards the aid of those who
stood in need of assistance. (Cheers.) He thought that
every:one must feel a pleasure in administering to the wants
of others, and the clerks, respected as they were as a body,
were no exception to the general rule, for some of them
could not tell how soon misfortune and sickness would over-
take them. In such a necessity what substantial assistance
did not the benevolent fund hold out to them. (Cheers.)
He knew that some objected to the proposed assistance, as

it looked like receiving charity, but to those he said it was
not so ; it was an independent fund, to which they had con-
tributed in health, and to which in sickness or distress they
had a right to ask for assistance. (Cheers.) Then again,
with respect to the facility with which members obtain
loans from it. He knew an instance where a highly respect-
table clerk obtained a loan of £25 to apprentice his son,
which he honourably and punctually paid, and then in a
short time after he again applied for a similar loan for the
same purpose, which was granted. He did not think that
that looked as if he thought the fund was a charity. (Hear,
hear.) He looked upon it as an independent fund, where
all could go as a right, rather than run the risk of getting
a refusal and the cold shoulder from his friends or acquain-
tances. (Cheers.) As a means of meeting temporary em-
barrassment the fund was all that could be wished or re-
quired, and he urged the clerks of the metropolis to give it
their best and most energetic support. Many might not
stand in need of its assistance, but then they ought to come
forward and support it as a principle, and also for those
who had not been so advantageously placed in the world.
(Cheers.) He begged to move that eight additional an-
nuitants, viz., two clerks and six Widows of clerks, be
added to
to oth6.
the number of annuitants,
Mr. COLEMAN felt great pleasure in seconding the nuitants Which would then
reso-
lution. He thought the amount annually given as annui-
ties ought to be a sufficient stimulus for the clerks as a
body to come forward and support the benevolent fund.
might bring forth, and
meeting misfortune
strength. (Hear, hear.)
nA
Abel
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and Baron de Roths-
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oohresolution
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unanimously.
Mr. JEPPS moved that the best thanks of the meetingbe
Baring,gi
SmMit.Ph,,thMert.reTashoumresro.n
Mr. PRICE said no gentleman in the meeting could
W.
Mr
second that resolution with more pleasure than he did.
avi
Inedkn:l‘tyoi,.
ptmn. e.
;pt ra. u,nsmdt etref
.rG.s.To
Prescott,h.
(Cheers.) Mr. John Able Smith was their kindest and
best friend. (Hear, hear.) He had been very ably seconded
by the trustees, but had it not been for the untiring energy
and powerful assistance of their valued treasurer, they would
never have reached their present prosperous position.
(Hear, hear.)
The CHAIRMAN said it only remained for him to add his
mite of praise, and that was, that all the gentlemen richly
deserved everything they could afford to give them (Hear.)
The resolution was carried unanimously.
A vote of thanks was returned to the press for the sup-
port it had given to this institution, and to the chairman
for his constant attention to the interests of the fund.
The CHAIRMAN briefly acknowledged the compliment,
and the meeting terminated.

R
-WAG E S.—The colliery
proprietors Wigan have given no-
tice° of 10 per cent. in their
wages,
been rendered necessary, they state,
Eto Dt
this
ht r
eCi
rTi
step
n l
hoat nN h
d he Isvi
neighbourhood
ofC
having
ga 0 L L
reduction II t
f
by the general depression of trade, and of the coal trade in
particular, and by the reduction in colliers' wages in other
districts. The notices will expire next week. At present
the men seem inclined to accept the reduction as a ne-
cessity.

ages, Winner extra. Half a rale.
Mr. H.' Jones's Eastern. Princess, 4 yrs, Bst 121 b
(Edwards) _
Capt. Lane's Rosalind, 5 yrs Bst 21b ..
,(Norman) 2
Mr. E. Thomas's Bacchus, 3 yrs, 7st 71b: (Fordham) 3
Mr. Blakely's First Attempt, 2 yrs, Est 71b --(Arnold) 4
Mr. Mills's Lady Derby, 4 yrs, Bst 41b (W. Cotton) 5
Mr. C. Reynard's Crisis, 3 yrs, Est 91b (J. Daley) 6
Betting-2 to 1 agst Bacchus, 6to 2 agst Rosalind, sto 1
agst Eastern Princess, and 8 to 1 agst First Attempt. , At
the third attempt the lot got off on good terms. When
nearing the rails Bacchus, Rosalind, and Eastern Princess
showed slightly in front,• maintaining their advantage to the
end, Eastern, Princess winning by a length, Bacchus beaten
for second place -by the same; First Attempt and Lady
Derby next, side by aide. Crisis beaten off.
The Lincolnshire Handicap Stakes of 6 soya each, with 80
added, for 3-yr-olds and upwards. Winners extra, One
mile. 00 subs.
Count Batthyany's BUirttrban, 6 yrs, 7st 91b.. (Edwards) 1
Mr. Savile's Ducat, 4 yrs, Est Sib (Roper) 2
Count F. de Lagrange's Arcadia, 8 yrs, 0at.... (Hunter) 3
Mr. prank's Zuleika, 4 yrs, 7st (Noble) 4
The following also ran :—Ariadne, Walkington, Flash-
in-the-Pan, 'Brown Stout, Willie Wright, Queen of Spain,
Erica, Shropshire, Dora, Commander, Miss Livingstone,
Southminster, Court 'Martial, St. Lawrence, Fairy Seat,
and Chrysalis.
Betting-2 to 1 agst Diicat, 7to I each agst Suburbanand,
Shtolishirel,B,te tagsi Aiittne, 10 to 1 agst Zulcika, 20 to
1 each agst fairy. Seat; Arcadia, and Mies LivingAtone,loo
to 4 agst Brown Stout, 100 to 3 each agst St. Lawrence and
Chrysalis. After two or three false attempts, the'llagiell
to a very bad start, &MIAMI "getting off several lengths in
front of everything, having Erico, Fairy Seat, Walking-
ton, Arcadia, Shropshire, and the favourite next. On com-
ing along the fat side of the course, Ducat ran through his
horses, and took his place side by side with Fairy seat, the
two being about six lengths in the rear of Suburban.
Along the straight Ducat took second place, but failed to
reach Suburban, who won in a Canter by sbl lengths, Ducat
beating Arcadia by two lengths; the same between third
and fourth. Walkington, Fairy Seat, and Shropshire, the
three next ; the whippers.in comprising Ariadne, Flash-in-
the-Pan, and Dore!.
The Innkeepers' Selling Stakes of 3 &Aid each, with 25
added; for all ages. Mares and geldings allowed Sibs,
with maiden and selling allowances. About half a mile.
Mr. E. Thomas's Bacchus, 3 yrs, 7st llb
(Fordham(£3o)
1
Mr. T. Cliff's Grant, 3 yrs, 7st 111 b (£3O) (H. Taylor) 2
Mr. Thompson's Erica, 4 yrs, Bst 61b (£30),...(H0wey) 3

Gasconade, Douche, Caustic, and Si. Barnard also ran.

Betting-5 to 2 agst Grant, 7to 2 agst Bacchus, and 6
to 1 agst any other (offered). Caustic, having Bacchus and
Grant close at her heels, made the running until approach-
ing the distance, where she was beaten, and the other two
came on, Bacchus obtaining a slight lead, maintained the
same to the end, winning by a length; Erica beaten for
second place by half a length. The winner was afterwards
bought in for 73 guineas.
The Handicap Hurdle Race, of 5 soya each, with 25 added,
for all ages. Winners extra. Two miles, over six
flights of hurdles. 24 subs.
Mr. Lincoln's Nosegay, 6 yrs, lOst 21b (Palmer) 1
Capt. Christie's The Dane, 6 yrs, list .... (W. White) 2
Viscount de Namur's Tippler, aged, 9st 121 b (Lamplough) 3
Dora and Quicksilver also ran.

Betting-11 to Bon The Dane, 4to 1 agst Tippler, sto 1
agst Nosegay, and 7 to 1 agst any other offered. The Dane
was the first to show the way, having Tippler, Nosegay,
Dora, and Quicksilver in the order given. On passing the
Stand the favourite had a clear lead, which was lessened on
going up the hill, where Tippler went to the front, and led
over the next flight of hurdles ; Nosegay and The Dane
lying next, side by side, Dora about six lengths behind the
two, Quicksilver several lengths in the rear. On clearing
the hurdles close to the mile post Nosegay deprived Tip-
pler of the command, which was soon accomplished by The
Dane, the French representative falling into the third place.
Oncharging the last flight of hurdles, Nosegay was about
a length ahead of The Dane, who hit the top, and lost
thereby another length. This the favourite was never able
to recover, Nosegay coming in an easy winner by three
lengths. Tippler persevered and finished a bad third, Dora
fourth, Quicksilver last.

The Lincolnshire Hunt Steeplechase, of 6 soya each, with
50 added, for maiden horses not having won a steeple-
chase, &c. For 4-yr-olds and upwards; thoroughbreds

to carry 71b extra. Gentlemen riders. Professionals to
carry 101 b extra. About three miles.
Mr.W. Munday's Croton Oil, aged, 12st (Mr. B,.Walker) 1
Mr. W. Richardson's Magician, 5 yrs, 12st (in. 71b ex,)'
(Mr. Goodman) 2
Mr. Coverdale's Proceed, 6 yrs, 12st (Mr. Thomas 3
Mr. Danby's Squeaking Baron, 6 yrs, 12st 71b (in. 71b ex.
(Mr. Crawshaw 4
_ _

The following also ran :—Fireaway, Sampson, Helmet g,
The Victim, The Admiral, Nemesis, Sir Hercules g, Game-
boy, Lady Williams, Sam Cowell, and Victress.
Betting-3 to 1 agst Croton Oil, sto 1 agst Fireaway, 7
to 1 agst Lady Williams, 8 to 1 agst Magician, 10 to 1 agst
Sampson, The favourite made all the running, and won
easy by ten lengths ; six lengths between the second and
third, bad fourth, the others beaten off. An objection was
made against the first and second, on the ground of having
previously won a race. The objection was made previous
to starting, but was not gone into, the stewards not being
present ; the case therefore stands over for investigation at
some future period.

LATEST BETTING ON THE COURSE.
LIVERPOOL STEEPLECHASE.
17 to 2 agst Huntsman (offered)
12 to 1 agst The Dane (taken freely)
13 to 1 agst Thomastown (taken and offered)
100 to 7 agst Jealousy (taken)
20 to 1 agst Corona (offered, 25 wanted)
200 to 9 agst Tumbler (taken)
100 to 3 agst Bridegroom (taken).
TWO THOUSAND GUINEAS.
3to lon the field (offered)
15 to 2 agst Marquis (taken)
11 to 1 agst Wingrave (taken freely)