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

11E7Sing, LONDON, TIIURSDAY EVENING, MAY 22, 1862

BRITISH POSSESSIONS.

Closing
Share Railways. Paid. Price. Business don,
100 Atlantic &St Lawrence --air C 5 69
„ Bom.,Barodaez•Cent Ind
8"' I G.
5 percent. 100 102 103 102/
204 Buffalo and Laxe Huron all 54 54d 54 4
204 Do. New
f
all
10 Do. Preference
100 Bulialo,Brant4Godrich
in
t 6 p. ct. bds. Aug. 1, 1872 `' 81 -
85
100 Do. do. July 1, 1877 100 79 83
100 Do. do. June 1, 18 .00 78 02
st Clcutta.&S.Eastn. (1., 100 102 101
st Cape Town &Dock Seri lto 103 104
171 Demerara... ......
stock Eastn. Bengal gu. sp. • 100 102 103
stock East Inddin, gu. sp. c. 100 1044 104/ 1044
20 Do. do. G Ext.... all 1 1
stock Grand Trunk of Canadt 100 24 25 241
100 Do. 6 per cent. Pref.. all 68 70 68
100 Do. 2d Pref. 6 per ct. all 57 60
100 Do. 6 per ct. Debentt all '36 38
100 Do. 7 per cent. 1862 .. all 43 46
100 Do. do. 1867.. all 35 38
100 Do. do. 1872.. all 36 37
stock Gt.lndiaPcnin.gua.sp.c 100 1021 103 1024 3
20 Do. New gua. sp. c... 12 4 6 p
stock Gt. South.of India (Lim
guaranteed 5 per cent 100 102 103
201 Gt. W. of Canada Share, all 121 121 124
201 Do. New
100 Do. 6 p.c. '73 with't opt all 98 100
100 Do. 51 p. c. do. '77 d 0... all 93 95
100 Do. 1878. all 92 95
stock Madras guar., sp.c. . 100 101/ 1021
stock Do. 41p. c. Extensiol 100 94 96
stock Do. 4i d 0........ 100 91 93
stock Ilelb•Corp. 6p. o. I3nd•• 100
20 Newßrunswick ,i 5 Cand.
RyALand(Lim.)g.6lB 11 5 7
Class A Capital Share a
Do. do. Land d 0........
20 Do. do. B Capital do. ..
Do. do. f<Land do. ..... "' '••
stock Scinde
c, .......... 1
wlOO 103 104
20 Do. Punjaub .... e
id „, 15 I P
ZO Do. Do. .. .. .. .. all 204 201
stock Do. Indus. St. Flo. ge, 100 991 1004
10 Trinidad (Lim.) Scrip.. 1 4 i
FOREIGN RAILWAYS
20 Algerian . 5
10 Antwerp a Rotterdam. all 7 75
20 Xrdennes .... ....... .. all —I,
20 Bah.4sS.Fran..Lim.7 p.c. 161 1 14
5 Belgian East. Junction all 1 11
Carmeaux Mine 4; Rail 30 11 12
100 Copiapo ................ all
10 Ditto Extension .... all 44 4
20 Dutch Rhenish ....... 18 14 if p 171 5 1
20 Etuatern of France .... all <.4 ,3 224
20 Grand Rus Guar. 6p. c. al
20 Gt. Luxem., Con. shs... all 141 15 141 4
20 Italian Junction ...... all
20 Lyons & Geneva ...... all
20 Namur & Liege .... .... all 8/ 81
20 Do. 6p. c. Pref......... all 20 21
16 Northern of France.... all 411 421
16 Do. New Shares —.. 15 -
10 Norwegian Trunk Pref. all 810
20 Ot'mn(Smyrna to Aidn) 15 8 7
20 Parts,Lyons, ,t Medi ter. all 431 441 441
20 Paris & 0r1ean5........ all 61 63
20 [Recife & S. Fran. (Fern.)
,i;ua. 7p. ct. 1im...... 19 4/ 34
20 Riga 415 Dunaburg...... all
20 Royal Danish..
5 Royal Swedish ....... all
4 1)o. 7 per cent. Pref.... all
20 Sambre & Meuse ...... all Li/ 12
10 Do. 54 per cent. Pref..... all 01. 91 111 4
20 San Paulo, lira, g. 7 p.c. 8 4 4pm
20 S.Aust, &Lomb Venetin 18 31 e,
of p 211
20 S. East Portugal 7 p et. 7 --
20 Southern of France.— all 335 341
81 West Fiandera .. ~.... all 76 71
10 Do. 51 pe. Preference.. all 10 101
20 W. & N.W. of France .. all 22 23 I
PREFERENCE SHARES AND STOCKS
Dividends contingent on the Profits of each separate Year.
st *Caledon. £lO Gua. Stk 100 103 105
20 Cornwall 41 p.c. ga.perp all
st l*E. Anglian, Clsß, 6 p.c. 100 120 123
st 'l* Do. ClsC, 7 p.c. 100 131 134
st lEdin,Prth,&D'dee,4p.c. 100 80 82
st Lond'u, Brig'tn, &c., 44
per cent.... .... . . 1858 100 103 105
at Do. do. 4 per ct. 1860 100 92 95
st Do. do. 45 per ct. 1861 100 103 105
5 Do. do. 4, per ct. 1861 34
10 Lon. & Chat'in, Metrop.,
Ext. B, 6 p.c , 74 5 d pr 171
at Lon. &S.Western 4/p.c. 100 102 104
10 North British £lO Gua. all
Shares, 1861 i
st t*ScottishCentral4l p.c 100
irred. pref...
10 ;S.-Eastern 41 p.c. 1859 all 94 10
10 Do. 5 p.c. June 1861 (rd.) 5 i 4pm
10 (Do. 5 p.c. Aug. 1861 (rd.) 35 4 fpm!
* Failure of full dividends in any given half-year not to be
made good out of the profits of any subsequent half year.

* R
made

year not to be
t half year.

BRITT S

Alfred Consols (Philack)
British Iron
Clifford
Devon G. Con.. (Tavist )
East Bassett (Illogan)
East Caradon

'East Carn
E. WI Kassel (Tavistk.)l
Gam.&St.Aubyn(Gwen.),
Great South Tolgus
(;.Wheal Aild. (Phil ack)
G. Wheal Vor (Hel.ston)
.Grenville
Herod's-Foot

H ingston Downs
Lady Bertha
Margaret (Uny Lelant)
Mark e Valley
Myndy Iron Oru (Lim )
r
North Downs
North Fr ances
N. Wh 'I Basset (1110 4an)!
North Wheal Crofty
Par Consols (St. Blareyy
Providence (Uny Lelnt.),
‘;ortridge Cons. Min. Co. I
South Caradon(St.Cleer)
S. Cam Brea (Illooan)
~Wheal Fran. (Mogan)
Stray Park
Tamar Silv.Az Lead Min.
Tin Crort
West Basset (Illogan)
W Caradon (Liskeard)
West Seton
Wheal Basset (Illogan),
Wheal Buller (Redruth)l
Whtal Edward (Cals.)!
Wheal Kitty (U.Lelanfi;
Wheal Mary Ann (Men.);
Wheal Trelawney (Lis.)l

MINES.

&9.3

29 111
940 460
44 46
44i 951
19 20
2/ 31
14 16
51 5i

t 1 M
3.0.0
561
17s

6.15. n
8.12
4.14
4.3.0

66 7
6 66
36 40
21 26
44 !6
61 101
2 1
4j 41

2i
12.3
2.3 0
2.2.9
1k
10.6.7

3i 4
3 3i
5 6
40 42

335 '45
21 3}
95 100
35 97
11 14
11 114
124 134
34 86
260 270
921 974
50 60
11 11
10 12
15 17
15 17

5.11.61
18.1,1,1
28.9.

1.7.2

441
19 I

i ~ `.

LAW---THIS DAY.

COURT OF BANKRUPTCY.
(Before Mr. Registrar Roche.)
IN RE STIFF.
This was a meeting for the last examination and dis-
charge of Mr. Stiff, late proprietor of the Morning Chronicle
and London Journal, and part proprietor of the Weekly
Times.

The business of the day was principally for the proof of
debts, most of which were admitted without comment.

Mr. Linklater appeared for the assignees ; ➢lr. Lawrence
and Mr. Pook for the creditors, and Mr. C. E. Lewis for
the bankrupt.

After a short examination the case was adjourned, Mr.
Joseph Hart, the nominee cf the Court, not having had
sufficient time to complete the accounts, but he states liabi-
lities, £60,000; assets, considerable.

(Before Mr. Commissioner Fane.)
IN RE BROWN,

This bankrupt was described as formerly of Deans- row,
Walworth, physician, but now of Bedford-row, Barnsbury,
editor and author, and this was an application for release
from custody.

Mr. T. Beard supported, and the release was opposed.
His Honour said that as the debt of the detaining credi-
tor was contracted seven years ago, and as the bankrupt, by
his imprisonment, had lost a considerable portion of his
practice, and had five motherless children to support, ha
would order an immediate release.

STIERIFFS' COUTRT.
(Before Mr. Sergeant Wheeler.)
THE DISTRTC T SAVINGS BANK BUBBLE.-IMPORTANT

DECISION.-HALL T. BAGISIIAW.

This was an action to recover £6 18s. 10d., for certain
teas and other refreshments, alleged to have been supplied
to defendant,

Mr. B eed (counsel for defendant) took a preliminary ob-
jection to the plaintiff's recovering. In this case the pro-
ceedings arose out of the District Savings Bank affair, and
it had been decided by the Court of Bankruptcy that no
one should be made liable except under certain circum-
stances. The defendant here had been sued by the plain-
tiff for rerresnments supplied as if to himself, whereas the
proper course to have pursued was by proving the debt in
the Bankruptcy Court, and then plaintiff would get his
money.

His Honour—l see that there are unlimited " teas."
(Laughter.) There are " teas, teas, teas," " lobster," and
then a whole string of " teas." (Great laughter.)
Mr. Reed—The plaintiff must sue the defendant as a
contributory to the list of shareholders, and here it is simply
a case of goods sold and delivered. The Joint-stock Com-
panies Act is express upon that point, and I contend now
that the defendant cannot be made liable upon this form of
action.

His Honour (to Mr. Osgool, registrar)—What do you
think of this ?

Mr. Osgood—The plaintiff has sued in the form of a simple
contract and cannot recover.

His Honour—Precisely my opinion.

Plaintiff—But defendant has promised payment.

His Honour—lt is no matter what the defendant has
promised, you cannot recover in this form of action. You
are opposed by a very able and learned counsel, and I would
recommend you to employ an attorney.
Mr. Reed—lf he gets his debt regularly proved he will
get his money, but he is sure to be defeated if he comes
h ere. -

His Honour—Plaintiff is Lonsuited, and must pay costs.

POLICE-THIS DAY.

MARLBOROUGH •STREET, THIS DAY,

THE BURGLARY IN MAYFAIR.—Peter White, boot-
maker, of 36, York-street, Westminster, was charged by
Inspector Wilson with having in his possession part of a
burglary, at No. 2, Chapel-street West, Mayfair, which
took place a short time since, when plate to the amount of
about £7O, the property of a gentleman named Doherty,
was stolen.

John Horne, 175 F, said—About 6 o'clock yesterday
evening, at the corner of Little Earl-street, Seven-dials, a
man came to me and pointed out a lad who had a silver
spoon in his possession, saying he had offered it for sale.
I asked the boy where he got it from, and at 26, Little
Earl-street, the boy and the prisoner being together, the
boy said the prisoner gave him the spoon to sell. I asked
the prisoner how he become possessed of it, and he said he
found it in Leicester .square. I then took the prisoner into
custody, and from inquiries made by Sergeant Joy, it was
found to be a part of a burglary committed in Mayfair, but
since the prisoner had said he received the spoon of his
own boy. The prisoner is-a shoemaker, at 36, York-street,
Westminster. At the station a purse was found on him
which he said his boy had given him.
Miss Ann Barber, 2, Chapel-street West, Mayfair, said
—The spoon produced is my property, and - 'of a large
quantity of plate stolen.

A boy, who said he was a boot-closer at 26, Earl-street,
said—The prisoner came to my father's between 4 and 5
yesterday afternoon and gave me the spoon produced to
sell. He said he did not know whether it was silver, and
that he had found it.

Mr. Knox said—lt comes to this, prisoner, that you are
found in the possession of a spoon, the produce of a bur-
glary,

Inspector Wilson—l examined the premises, and there
was a burglary.

Mr. Knox asked whose property the plate was, and Miss
Barber said Mr. John Doherty's (the son of the late Chief
Justice Doherty).

Mr. Knox remanded the prisoner till Saturday, giving
the officer instructions that the prisoner should be well
locked up.

ELECTION INTELLIGENCE.

KIDDERMINSTER.

The nomination has been fixed for Monday next. Col.
White and Mr. Huddleston are pursuing their canvass, and
both have addressed the electors ; but the proceedings have
so far been destitute of interest, and, having in view the
notoriety of Kidderminster from the time of Mr. Godson's
elections down to recent occasains, popular feeling has not
yet exhibited itself immoderately.

GREAT WESTERN RAILWAY OF

CANADA.

HALF-YEARLY MEETING (THIS DAY).

The ordinary half-yearly meeting of the proprietors in
this undertaking was held this day at the London Tavern.
The chair was occupied by Mr. F. S. HEAD.
The CHAIRMAN, in moving the adoption of the directors'
report, referred to that document, which showed that the
receipts on capital account amounted during the last half-
year to £5,202 17s. 6d., making the total receipts, on the
31st of January, 1862, £5,218,300 ss. Od. The expenditure
amounted to £5,019,662 12s. 6d., including the
cost of renewing the wooden bridges in stone tied
fresh jointing eight and a half miles, during the
last half-year, There were still remaining about 90 miles
to undergo the same operation, which will, in future, be
charged to capital, and the item of expenditure includes a
sum of £14,618 9s. 4d. The revenue account showed that
the gross receipts were £265,951 lls. 11d., the working
expenses to £125,424 17s. 10d., leaving a balance of
£140,526 14s. ld., fr ,m which had to be deducted for in-
terest on Government loans, and other charges £89,249 Os.
5d., leaving £53,277 7s. 4d. as a balance of the half year's
working, out of which it was proposed to pay a dividend of
3 per cent. per annum, the balance to be carried over to the
account being £14,054 6s. 6d. The account showed a
balance of £21,500 above the sum required for the
payment of the dividend; but the directors had
thought it prudent to write off Is. 3d. of the sum
of £22,000 owing to the Detroit and Milwaukie Railway.
The traffic was most satisfactory, the through traffic to the
east being enormous, while that to the west was net so
large, and the local traffic was in a very good state, but the
number of through passengers had been diminished by the
American war and other political causes. Various renewals
had been made at a reasonable rate, although it was in some
quarters thought that too large a sum had been laid out ;
but the proprietors weld find—on comparing the sum paid
by the North-Western, the Great Northern, and the Lon-
don and South-Western—that that was not the case. With
respect to the Detroit and Milwaukie line, he was of opinion
that it was a good investment, and that it was calculated
to be of the highest importance to the company in the way
of business. The directors asked the proprietors to give
them power to spend £lO,OOO I. tuo ....truction of a short
branch line of railway of about 12 miles to the oil springs.
From recent circumstances it was evident that such an out-
lay could not but prove remunerative to the company. As
to the position of the company with the Commercial Bank
their legal advisers in Canada had informed them the Bank
had no case, and they hoped that no discussion would take
place on the question, as it could lead to no good
but most likely be productive of evil—the chair-
man then stated that the accounts of the Council
of Investigation had been paid in full. The
amount being £8,816. He had bc ask the forbearance of
the meeting to arrangements under consideration with re-
spect to the Grand Trunk line. He trusted the meeting
would not at that time insist on a discussion of the subject,
but that they would place the greatest confidence in the
board of directors, resting satisfied with the assurance that
nothing would be finally agreed to until the shareholders
had had the opportunity of fully considering and deciding
upon the point.

Mr. HOYES seconded the adoption of the report.
Mr. H. SMITH asked if the details of the arrangements
with the Grand Trunk would be laid before the proprietors
some time before the shareholders were called upon to
assent or dissent to the proposal, in that they might
come to the meeting familiar with the provisions of the
arrangements.

The CHAIRMAN said he would see that that was done.
Mr. CARMAN said if the union with the Grand Trunk
was carried, it would be found that the shareholders of the
Great Western would be literally swamped.
A PROPRIETOR asked whether the bill in the Canadian
Legislature was for an amalgamation, or merely a traffic
arrangement. _ _

The CHAIRMAN said it was not an amalgamation, but he
could not give the information required without telling the
whole of the arrangements.

Mr. M'EwEN said he had received from Canada a copy
of the bill of the proposed arrangement with the Grand
Trunk Railway, which had been presented to the Canadian
Parliament. He read extracts from the bill to show that
the nature of the agreement was an entire amalgamation.
The CHAIRMAN said the directors in England had not
yet received a copy of the bill.
Alderman DARIN thought the shareholders ought not to
be left in the dark respecting the terms of the arrangement.
There was a bill before the Canadian Legislature, and the
directors ought to have given the shareholders every infor-
mation.

Mr. BRATTHWAITE supported the course taken by the
directors.

Mr. JAMIESON moved that a copy of the bill 'should be
furnished tD every shareholder, and then a meeting called
to consider its provisions.

Mr. HARRISON seconded the proposition.

The CHAIRMAN said the provisions of the bill could give
no idea of the arrangement. The measure was simply one
to carry out a certain agreement. He could have no object
in holding badh information, and when ale Lime LALLIC lie
should defend the agreement, and he confidently expected
to receive the approval of the shareholders. If it should
be thought the directors had erred, then he would cheer-
fully consent to its being cast to:the winds. The arrange-
ment must be considered as a whole and not in
parts, and in about six weeks th thought he should be in
a position to place the whole matter before the assembled
shareholders. He begged to remind the meeting that the
bill was merely a permissive one, and would be totally in-
operative without the consent of the shareholders.
Mr. CAMERON moved a resolution stating that the meet-
ing, having heard that day for the first time of the bill be-
fore the Canadian Legislature, strongly protests against it.

In accordance with the wish of several of the share-
holders the secretary read the provisions of the bill in ques-
tion, after which a number of questions relating to arrange-
ments about to be entered into, were put by several
speakers.

The CHAIRMAN repeated that which he had already
stated, namely, that, having entered upon the subject at the
present moment, at the proper time he should be in a posi-
tion to give the fullest information.