The Sun.
London, England, 1854-11-17 00:00:00

NEWGATE AND LEADENHALL.
The general demand was in a sluggish state, at our quo-
tations.

Per Sibs by the carcase.
s. d. s. d.
Beef, interior 3 2 3 4
Do., middling 3 6 3 S
Do., prime largo 3 10 4 2
Do., do. small. 4 4 4 6
Pork, large 3 4 4 2

s. d. s. d.
Mutton, Inferior 3 4 3 $
Do., middling 310 4 4
Do., prime 4 8 4 8
Veal 3 10 4 10
Pork, small 4 4 5 2

BOROUGH HOP.

The demand for English hops is steady, at fully last
week's pricos. Foreign qualities are slew in sale. The
imports aro again extensive, viz., 22 bales from Havre, 291
from. Ostend, 1,119 from Hamburg, 802 from Antwerp, 18
from Calais, 169 from Rotterdam, and 41 from Ghent.
Mid and East Kent pockets 151 106 to 211 Os ; Weald
of Kent ditto, 15/ Os to 16110 s ; Susses ditto, 14/ 14s to
15! 15s per cwt.

COLONIAL.
SUGA.ll.—British plantation has been firm but quiet this
week. Barbadoes sold at 33s to 37s 6d and at 31s to 31s
6d for low. Demerara crystalised went at 37s Gd to 40s,
being full rates. East India—Mauritius has realised 29s
to 30s. Bengal good brought 41s to 41s Gd per cwt.
Foreign Havannah has found buyers at 37s to 39s for
washed, at 33s 6d. to 37s for mid to good bright yellow,
at 31s to 32s for brown, at 29s to 32s Gd for low to fine
ditto, at 40s to 42s Gd for washed white, and at 37s to 38s
for florettes. Porto Rico low to good brown sold at 29s Gd
to 31s Gd, low to good grey at 31s to 35s 6d, low to good
grocery at 321 to 37's, and fine at 37s 6d. to 39s per cwt.
Caba low and very low soft pasty brown went at 28s to 28s
6d, Java at 28s 6d to 32s 8d for law to good brown, and at
33s 6d to 35s for low to good yellow. Brazil was taken in
at 27. 61 to 30s for low tolood brown, and at 31s to 35s
61 for low to good yellow. Refined brown lumps have been
quiet at 43s per cwt.
COFFER. —Plantation Ceylon has been very little offered.
At auction fine ord brownish brought 52s to 55s Gd, low
mid to good mid colory 52s to 55s 6d, small 40s to 545, pea-
berry 58s to 695 Gd and triage 40s to Ms. Bahia has been
taken in at 42s to 44s for good ord mixed. Jamaica
sold at 46s to 49s 6d for good to fine ord pale, at 50s to
as 6:1 for fine ord aid mid colory, at 52s to s for low
mid colory, at 62s for good, at 77s for fine, aid at 31s Gd
to 45s for triage.

RAILWAY IN?ELLIQENCE.

NAMUR AND LIEGE AND MONS AND
MANAGE RAILWAYS.
Yesterday a special general meeting of the proprietors
was held at the London Tavern, Mr. Cary in the chair,
for the following purposes :-1. To consider a conven-
tion provisionally entered into with the Great Northern
Railway Company of France for leasing the Namur and
Liege line. 2. To confirm the nomination of three di-
rectors to be resident in Belgium. 3. To fix the annual
remuneration of the board of directors.
The CHAIRMAN, after expressing his regret at the un-
avoidable absence of the chairman of the board, said it
would be in the recollection of the proprietors that the
last meeting was called partly for the purpose of
amending the statutes. It was not till the 29th of
October that the king signed the convention, and they
now met for the first time under the amended sta.
Wee. At the last meeting there was a long discussion
with regard to the sum of two pounds per share due to
a great many proprietors in respect of back interest on
original shares. Since that time the directors had been
to Paris for the purpose of inducing the Northern of
France Railway Company to consent to make some
alteration with regard to the rolling stock, which would
enable them to meet the claim ; but he regretted to say
that they failed. The financial condition of the conti-
nent had much changed since the convention was en-
tered into, and the directors of the other contracting
company said it was immaterial to them whether it was
carried out or not. As regarded the confirmation of
the convention a copy of which had been sent to all the
proprietors, he must observe, that on the Ist day of
January next they would have to pay nearly 800,0001. ;
and if payment were not made on that day, they would
be placed in the dilemma of being at the mercy of the
Banque Liegeoise on the one side, and of the Northern
tohf
eFnriar nencemßstaainlnweasynCf otmhpeannayser
hothtehaouthgehrt.
itUdnesdierraballel
that the convention should be confirmed at that meet-
ing. They had no ether means of meeting the deben-
tures.
The convention was taken as read.
In reply to a question,
The CHAIRMAN said the sum of the convention was
that they leased the Namur and Liege line for the
whole term of the concession, for an annual rental of
40,0001. All but 12,000 of the debentures, which were
for 121. each, had been already taken. He then moved
a resolution confirming the convention.
Mr. HARRISON seconded the resolution, and expressed
his belief that it was the best bargain for the company
that could be made under the circumstances.
Mr. BARROW said, as a shareholder of many years
standing, he felt great disappointment at the present
state of affairs, and thought that a much better arrange-
ment might have been made if a different course had
been pursued. The board ought to have submitted their
difficulties to a general meeting of the shareholders, and
should not have left everything till the middle of No-
vember, when they had no option but to accept the con-
vention nelens rolens. Assuming that the lease would
be sanctioned, he hoped the dire ctors would make the
best of a bad bargain by curtailing the expenses as much
as possible in every department, in order that the share-
holders might at least receive the small pittance of 21
per cent., which they certainly could not do unless there
were the strictest economy. (Hear.)
The CHAIRMAN reminded the meeting that the con-
vention had been explained and discussed at a special
meeting held last month. As to the expenses, it would
be absurd to suppose that they would be as much for a
line of twenty-one miles as they had been for sixty or
seventy miles. The business of the company would in
future be conducted in Belgium, and the name of Mr.
Der"nceau, who would be a resident director in Bel-
gium, was a guarantee for the strictest economy.
In reply to a question,
The CHAIRMAN said the accounts showed that if the
receipts of the Mons and Manage line went on at the
prevent rate, there would be a net profit of 25,0001. a
year. Out of that sum 12,0001. would have to be paid
to the preference shareholders, and the remaining
13,0001., or about 21 per cent., would be divisible
among the original shareholders. It was calculated that
one or two thousand pounds would be added to the
25,0001. in the succeeding year.
After some discussion, the resolution was put and
carried.
The CHAIRMAN explained that under the amended
statutes there would be only four English directors,
the remaining three directors would be Belgians, resi-
dent in Belgium. He then moved the nomination by
the board of the three following directors to be resident
in Belgium be confirmed ; Messrs. Jean Henri Demon-
. ceau, liyaciethe Richard Lamarche, and Alexander
Poppe,
Mr. PARRY seconded the motion.
The CHAIRMAN, in reply to questions, said that the
Belgian directors would form a committee of management,
and that board meetings, at which the English directors
would be present, would be held in Belgium to consider
what had been done.
Mr. BARROW urged upon the directors the desirable-
ness of holding meetings of the shareholders in future
half-yearly.
The CHAIRMAN intimated that the board had no objec-
tion to such an arrangement.
Mr. WALEY thought it desirable that something defi-
nite should be stated from the chair with regard to the
payment of the back interest due to the old shareholders.
The CHAIRMAN said that subject had occupied much
of the time of the board. They had endeavoured by
every possible means to provide for the payment of 2/. ;
but he was not in a position to say that that sum would
be paid. The directors saw their way, he thought, to
anaytinm7ooetnoi fl., wwlha/si.
which
hn
thens or
mabgwerfeaoesrdet
ott
to.
15th of April next.
The annual remuneration of theibnnolaurddeoftrdaivrealcrtionrgs wasand
tafillxleTeodphther expenses.
The meeting then separated.

TAFF BARGOED.
A line of railway is in contemplation, and thelict will
be applied for next session for making a railway from
the hamlet of Fforest (Glamorganshire) to Yuis Bargoed,
whence two diverging lines will be rnade—one to Glvn
Cynnon by a junction with the Llanealch branch of the
Taff Vale Railway, and the other to terminute at Cefu
by a junction With the Saute branch.