The Sun.
London, England, 1862-07-18 00:00:00

NEIVOATE AND LEADENHALL.

Fair average supplies of meat were on sale here to •day •
Good and prime beef, mutton, lamb, veal, and pork moved
off steadily, at full prices; but other kind® are a slow sale,
at our quotations.

Per Slb. by the carcase.

s d
Inferior beef .. 2 10 3 0
Middling do. .. 3 2 3 6
Frime large do. 3 8 4 0
Do. small d 0... 4 2 4 4
Large pork .... 3 10 4 4
inferior mutton. 3 6 3 10

sdsd
Middliogrnutton 4 0 4 4
Primedo . 4 6 4 8
Veal, ........ 3 8 4 8
Small pork 4 6 4 10
Lamb ....

BOROUGH HOP.
For good and fine hops of last year's growth, the de-
mr rules active, at enhanced rates. Useful old hops
continuo in request, at higher prices, and other descriptions
command extreme currencies. The plantation accounts
are unfavourable.
Mid and East Kents.. 130 s to 175 s per cwt.
Weald of Keuto . . 130 s 145 s
Sussex ..........

COLONIAL.
TEA.—There has been a fair amount of business
transacted, and good and fine qualities have fully main-
tained previous prices.
SUGAR.—The market has been active, and a large
business has been done in British West India at enhanced
prices. In the refined market, owing to the scarcity of
goods, prices generally have considerably advanced.
COFFEE.—A. fair amount of business has been done in
colonial descriptions, at improved prices.
RICE.—The operations have been moderately active
owing to au increased inquiry for export, and previous
prices are generally well supported.
SALTPETRE.—Business to some extent has been effected
in good and fine qualities, at slightly enhanced rates.
TALLOW.—The market has shown symptoms of anima-
tion, prices for both pr.sent and forward delivery tending
upwards. P.Y.C. on the spot is quoted 475. 9d., and last
three months' delivery, 49s.:per cwt.

SHIPPING-THIS DAY.

ELECTRIC TELEGRAPH,
SO OTIIAMPTON, Fziday Morning.
Arrived—Nicolo Maria, from Odessa.
Sailed—Charlotte, for Guernsey; Netthumbarrland,
Gardener, and A. Thompson, for Cardiff.

(BY MAGNETIC TELEORAPB).
Frid Morning.
Arrived, July ld .—Ashburton, GRAVESEND,
from ay
New York ;
Johanna Kepler, from Hamburg ; Pelegrina, from Ibrail ;
Johanna Margarette, from Rasterseil; Douglas and La-
vinia, from Guernsey.

DEAL, Friday Morning.
Passed—Venus Oldenburg, schooner, from Jamaica, for
London ; Wal,ner Castle (in tow), from Calcutte ; Audi-
neign, from Demerara, for London.
The Channel Fleet sailed for the Baltic, consisting of the
Revenge, Trafalgar, St. :Georg)°,
Emerald, and iron ram Defence. Chanticleer, Galatea,

At the baltyearly meeting of the St. Katharine
Dock Company to-day--Mr. S. W. Cater in the
chair—the account of receipts and expenditure of
the company for the half. Year, ending the 30th
June last, showed that the gross earnings were
£127,623 4s. 7d. ; the expenditure, including inte-
rest, £98,351 95., making the net earnings amount
to £29,271 15s. 7d. A dividend of 11 per cent.
(free of income tax) upon the capital stock
was recommended, payable on and after the 25th
instant. The rest amounted to £68,177 18s. 9d.
The company's premises and merchandise depo-
sited in them, were insured at the the lowest
rate appreciable to such property, the nego-
tiations of the directors to obtain a modifi
cation of the scale of premiums published last
August, having been satisfactorily concluded. The
chairman stated that while the expenses had de-
creased, the rates upon goods landed, &c., had also
been greatly reduced, which very materially
affected the property
.of the company. The direc-
tors were in negotiation with the other deck com-
panies, with a view to raise the rates,
which Were
at too low
a sum to enable a good dividend
to be
realised. The report was agreed to.
Mr. Laurie, late M.P. for Barnstaple, and one
of the directors of the Royal Academy of Music, intend' to
offer annually two silver prize medals to the two most pro-
ficient students in vocal music, the examination to be taken
and awarded by the body of Professers, to bo
"Laurie Model."

HOUSE OF COMMONS.—YESTERDAY.
EAST INDIA REVENUE ACCOUNTS,
Sir C. WOOD, in moving certain formal resolutions,
after a few preliminary remarks, referred to the differences
between Mr. Laing and himself on the subject of these ac-
counts, expressing his regret that there should be any per-
sonal ingredient in these differences. He complained of the
extreme inaccuracy of the accounts transmitted from India,
which, he said, had been a source of the greatest annoy-
ance to him, and which deprived the public of the means of
knowing what they had a right to know—the real state of
the Indian finances. He then proceeded to show, in details
of figures, the alleged errors in the accounts furnished
from India for the years 1860.61, 1861-62, and the esti.
mate for 1862-63, accompanied by explanations of the source.
of the errors, which it is impossible to compress into a
summary that would be intelligible. The result, in 1862-
63, was that Mr. Laing had over-estimated his surplus
about £1,000,000, and, having remitted taxes to the amount
of £725,000, he had really a deficit of revenue in that year.
Mr. Laing, he observed, had assumed that, the cash ba-
lances in the Indian treasuries having increased, he must
have a considerable surplus revenue, Sir Charles argued
that this was an untenable assumption, and that Mr.
Laing's theory was erroneous. He then discussed the ques-
tion as to the loss by exchange of the rupee into sterling
money in the railway accounts, being 2d. in the rupee,
which loss had been omitted in the accounts sent from
India, insisting upon the fallacy of the reasons assigned by
the Indian Government for the omission. He disputed Mr.
Laing's views upon the subject of the repayment of ad-
vances, another disturbing element in the accounts, 10°_;
fessing his utter astonishment at the arguments be
and
employed to support and justify these views;
this
reiterated his own opinions on the subject. Having
__es
cleared the ground, he proceeded to state what the finances
of India really had been in the last three years
Revenue. Charge'
Years.
1860-61. , ...... 2,903,00.0
43,506,000
1861-62
1862••63 42,971,000fieit of revenue in each
The result showed, he observed, a de
ear at the end of the
year, which he expected would
approaching' he thought, a sound
X 46,924,000
present year, as we were .
istated the progress made in
system of Indian finance.
ith respect to cotton, he had
public wot ks in India ; sod!
dno t
wouldto interfere
produce
ani ade-
quatet h
George Clerk, that the growth
been informed,d He decidedly of
of cotton had considerablyut
he said, bSiinrcrease . was
is
verruonetradonensmgahacnttions, he added, should be
opinionm:tcr; thatthat
aGoo
needed
but all assistanceby cotton merchants
supply;
the'
in conducting to the changes
afforded. lie adverted made in the Indian
to the state of the Civil Service, and to the
Councils and the Governmentalajeu departments, and in the law'
rteridijuuentiaolnsilniutdhi:;army. He dwelt upon the good effects
wive
• h had resulted from the Policy now pursued towards
the native Princes of the country, and from the measures
taken to create an intermediate class connected with the
land between the chiefs and the peasantry. T"
these
Government had determined, a" —act Canning, the
measures, the merit of which is due to
carry out as soon as Dr. - • •
.> a proper complement, to
perrnauen
re
cticable throughout British India a
-`"tietnent of land tenures. Our Indian elula t
ge remarked, had suffered a shock which had left its lessuot n a
vaned the) Our power had been sustained by military otreng? ► b
in the
source of still greater strength would be AMIN.