The Sun.
London, England, 1854-08-04 00:00:00

MARKET INTELLIGENCE.

( Prom the Londou Yew Price Current of this day.)
SUGAR.—A fair business has been done in West India
at full prices generally. Barbadoes good to fine sold at
35s to 33s 6d, and low to mid at 31s 6,1 to 343 6d. Deme-
rara brought 29s to 31s 64 for ord to fine brown, and 32s
for tine yellow. Jamaica realsed 31s 6d to :32s 641 for good
to fine bi own ; Tobago 32s to 32s 61 for low yellow ; and
Antigua, 303 for ord. yellow. East India.—Mauritius has
been at full rates generally, but inferior sorts have been 6d
per cwt. lower ; fine yellow at 36s to 375, low to good at
30s 6kl to 35s 6,1, mid to fine at 27s to 30s, and ord to fine
grey at 29s to 355. Bengal brought 39s 6d to 41s 6d for
Benares good to fine, 40s 6,1 to 41. s 6d for grainy fine yel-
low and mid white,, but Khaur was taken in at 35s to 38a
for ord to good grainy yellow. Foreign has sold readily,
Pernambuco has been taken in at 36s to 37s for low to good
white. ilavannah sold at 32s to 35s for low to mid yellow,
and at 35s 6d to 39s 64 for good to fine and florettes.
Cuba, low brown to mid yellow, went at 29s to 31s ; good
acid to fine at 34s 6,1 to 33s 6,1; and low heavy yellow to
good mid o,Tocery at 303 61 to 355. Porto Rico mitt to fine
realised 33s to 38s 6,1, and good and fine white 39.3 to 413
per cwt. Refined has been quiet at 44s per cwt. for
brown lump.

....._
To-day the market for British Plantation Sugar closed
firmly at the currency of last Friday, and with a large
home trade demand. Purchases were 823, making 2,638
hhds, etc., for the week.
COFFEE.—Nativo Ceylon has been quiet at 43s 6d to 44s
Gd. Less has been doing in plantation ; low mid greyish
at 53s Gd to 54s 6d ; triage at 47s Gd to 51s; peaberry at
Gls ; good mid to good at 60s to 675, and low mid and mid
at 5Gs Gd to 593. Mocha brought 66s 6d for small berry,
and washed Rio -Ps 6d for good to fine ord. Jamaica sold
heavily at G6s to 70s for good and fine, at 54s to 58s for low
mid, and mid and triage at 33s Gd to 31s per cwt., being
rather cheaper. Costa Rica has been in active demand at
full rates, f fine and pale to mid coloring sold at 50s to 595,
good to fine ord at 49s 6d to 55s 6d, good mid and good at
60s to G 7 s, pea berry at 57s to 61s, low mid and good mid
coloring 54s Gd to 60s, and good pale at 65s per cwt.
RlCE—Madras has been held for full rates, ord to mid
pinkey was taken in at 9s 6(1 to 10s, but ord broken sold at
8s 6d to 9s. Bengal was taken in at 12s 6d for good Patna
grain, but another parcel sold at 12s to 12s Gd privately.
Moulmein sold at 9s Gd.
SplcEs—Malabar pepper is Ad dearer, mid and good mid
half heavy brown selling at 4id to 4d. Ginger realised
42s to 48s for ord small and dark. Penang cloves 110.
Mid pale mace 2s 2d, but Singapore was taken in at 2s 2d
for ord. Singapore nutmegs sold at is 9d to 3s ld for small
to good bold brown.
TEA.—This article is dull but steady.
COTTON—No alteration.
COCHINEAL—Prices tend downwards.
SALTPETRE—The market is inactive. Bengal, Si to 10/
per cent. refraction, was taken at 295, and Bombay, 49 to
78ri,per cent., at 21s Gd for very ord and ord.
, lALLow.—There was not mach business cancluded early
In home melteodt
in the week, and rates declined. Since Tuesday a much
vbotter.demand has been experienced for Russian, an ad-
and much in demfiannedinu
ad-
vance established • firstsort P. Y. Candle on the spot
realising 663 Od to 67'
s, and 60s to 69s Gd for late delivery.
6d .
tained CP sh. arreater operations, and 66s to 66s ob-
tallow are 4,000 casks less ta
sorts of tallow are in scanty supply,
Aus-
tralian, fair to
and South Americanls to 65s
thet rates paid to-day were for
uton 62s to 675. Beef' 6 • ,
oil, and prices are firmer—ruling aetr3snetdotgsar,3ds
OILS.—A better feelinc, 67s per cwt. Deliveries of
ireint the former season.
spot. Only a moderate demand for rape oil, brown ato4n the
Isto
40s 6,1, and pale 43s 6d to 445. Palm is anted, and 44s '

RAILWAY INTELLIGENCE.

SOUTH-WESTERN RAILWAY.

The following is the half-yearly report of the directors
of this company, to be presented to the meeting of share-
holders, to be held on Thursday next, the 10th inst. :
From the half-yearly accounts now submitted,
it will be seen that the net revenue for the
six mouths ending June 30, 1854, amounts,
after deducting interest on loans, and other
preferential charges, to • £138,595 7 11
Add surplus at December 31st, 1853

Balance available for dividend
From this sum the directors recommend that
a dividend, payable on the 21st inst., for
the half-year at the rate of four and one
quarter per cent. per annum, on 6,764,9621.
4s. 4d., be declared, m dang
Leaving to be carried over to the next half-

143,755 1 11

year
The gross revenue for the half-year just expired exceeds
that of the corresponding half-year to June 30, 1853, by
34,0091. Ils., of which 19,8091. 4s. arises from passenger
traffic, 11,8401. 4s. 2d. from goods, and 2,3601. 2s. 10d. from
rents and sundries.

The increased receipt from the various sources is satisfac-
tory, more particularly so, considering the largo receipt of
same period of 1853 over that of 1852. The working ex-
penses have been heavier during the past half-year, caused by
the higher rate of labour, and by the general advance in the
prices of coke, and all other materials in consumption by the
company,

Tfie company's rolling stock is in excellent condition. The
usual report from the superintendent of the locomotive de-
partment is appended, from which it will be seen that four
new engines have been built during the past half-year, and
paid for out of revenue.

- Pursuant to the resolution of the proprietors at the half•
yearly meeting in February last, the sum of 48,035/ 4s. sd.
then standing to the debit of reserved plant account, and the
sum of 25,684/. 13s. 4d. for extension of stations and sidings,
have been charged to the capital account of the company.
In consequence of the great and continuing increase of the
goods traffic, the directors lately ordered six powerful engines
to be built, expressly for that traffic. A considerable num-
ber of first and second class carriages and waggons are also
in course of construction, imperatively required by the in-
creasing traffic over the whole system of the company. The
directors have also ordered the necessary carrying stock to
be built, adapted for the Necropolis Company's traffic, which
will commence during the current half-year.
These requirements on account of locomotive and carrying
stock, which are imperatively demanded for the great increase
of traffic, fully justify the company, in the opinion of the
directors, in resolving that the amount so expended shall be
added to the capital of the company. It cannot be denied
that at no time has the rolling stock of the company been
equal to the requirements of the traffic. And the time has
now arrived when the proprietors must boldly consider the
whole question, and do justice to themselves as well as to
posterity. _ _ _

- At the close of the year 1649, it was considered that if an
additional sum of were added to the amount then in-
vested in rolling stock, making a total of 570,16 it., that sum
would be sufficient for the purposes of the company, and
should close the capital account under that head, and that
any future requirements should be paid out of revenue. At
that time the annual recei ts from traffic were wily 530,8761.
The traffis receipt.; in 1853 reached the sum of 689,2431.,
being an increase of no le-s than 158,3671.; and a further• in-
crease of 34,0001. has just occurred in the last half-year,
making the total receipt from June, 1853, to June, 1854,
720,-92/. The increased expenditure ou the robing stock
since 1849 has, however, only been 68,0351., or an excess of
18,0351. over the 50,0001. estimated as sufficient for the
smaller amount of traffic expected; and of this sum 20,00 1.
has been paid out of revenue.

It is manifestly unreasonable, and exceedingly unjust to the
present shareholders, that these large sums, required by the ex-
tension of the company's business, should be charged against
revenue—they are legitimately charges against capital; and the
directors are prepared to recommend that, for the future, the
outlays on this account should be so charged until the rolling
stock of the company is made adequate to the requirements of
the traffic. The directors will be prepared at the next half-
yearly meeting to lay before the shareholders full particulars
of those requirements, with a view of then taking a vote for
such amount as may be deemed necessary.
In the meanwhile, they have carried to a suspense plant
account 24,066/. 18s. 10d., expended since January last, ou
account of the additional stock mentioned.

It is conceived that the account for stations and sidings
should be dealt with in the same manner and ou the same
principle, and a sum of 13,5191. 15s. Ild. expended on that
account has therefore been carried to the suspense account.
The permanent way is in excellent working condition. The
relaying of that portion of the main line between London and
Kingston, commenced last year, has now been completed, and
7,4971. 17s. 3d., being one-half of the expense, has been
charged in the present accounts against revenue, leaving a
similar amount to be charged in the ensuing half-year.
The rental of the company's surplus lands and house pro-
perty continues in a satisfactory state, having increased during
the last six months by the sum of 3111., notwithstanding sur-
plus lands to the extent of 7,4001. Ba. 4d. have been sold
during the last half-year.

The North Devon line from Crediton to Barnstaple was
opened for traffic during last month. The amount of capital
invested by the company in the North Devon and Exeter and
Crediton lines is 160,5871., which has hitherto been unpro-
ductive, and has pressed on the company for dividend. The
line from Basingstoke to Andover has also been opened for
traffic during last month. These lines will now assist in
adding to the company's revenue.
The directors trust that the proprietors generally will unite
with them in the opinion which the board sincerely entertains
that the present condition of the company is of a most sound
and satisfactory character, and that its prospects are encour-
aging, and in every way such as to inspire confidence in its well
doing.
A vacant seat in the direction, caused by the resignation of
Sir William Hoathcote, Bart., MX., will have to be filled tip by
the proprietors at this meeting.
Moreton John Edward Frewen, Esq., Wm. Phillip Snell,
Esq., Brodie M'Ghie Wilcox, Esq., M.P., and Charles Castle-
man, Esq., hays severally declared their intention to become
candidates for the vacant seat, and aro duly qualified for the
direction.

~...„..,...,....
A. K. Baker, Esq., whose name was inserted as a candidate
calling the meeting, has since withdrawn
benythim, and is no longer a candidate on the
present occasion.
thein t h notice oatdievee advertisement

MANCHESTER, SHEFFIELD, AND LINCOLN•

SnaagYab —slot fßrtahEtcel;t Ei
so
aferolwinohi)
Yarboroughca.
hnyh
aws a sa p
phelde appeared
pre-
sided.eadtane h e aTt
he re orne
pWo er dt
ae
ns d
The half-yearly meeting
in The Sun, was taken as read.
Tin moving the adoption of. the report
and accounts,
CHAIRMAN,
accounts,congratulated the company that there had
been
withep l
yt
tconsiderableo
observations
o f
the increase
correspondingf r
from
mn
i‘t
ih
Mr
rwh iaLl receipts,ftyAema r:a
of 1853.
com-
paredlBs3.
Mr. CHAPMAN, vice-chairman, seconded the motion.
I n
The CHAIRMAN stated that this company had insti-
tuted a system of apprenticeship for boys to be efficiently
trained up for their service, and that the directors had
under consideration the formation of a line to Clee-
thorpes, near Grime')Y, which it was suggested might
become a place of great resort as a watering-place.
The report and accounts were adopted unanimously.
Resolutions were also agreed to for the payment of
the dividend upon the 6/. preference shares for the past
half-year, for the half-year ending the 30th of June,
1852, and also confirming the forfeiture of certain shares.
The business of the meeting being now at an end,
Mr. STuRGE said, he Considered it perfectly practica-
ble, looking at the accruing ainouct, to form a scheme
by which the preference shareholders might come into
some revenue, and also assist that class of shareholders
who were the original encurnbrancers of the property.
(Hear, hear.) To do this effectively and well it must
be done by the consent of those parties whose inte-
rest must be affected by it. His view of the way
in which the thino, was to be conducted was, that if
two or three gentlemen representing the preference
shareholders would volunteer to join in sitting down
to devise a seheme, then he thought they might put
themselves into communication with all the thinking
and reflecting men representing these interests, and
a proposition which met their approval weuld
doubt be generally acceptable. (Hear, hear.) He be-
lieved, if such a course were followed, it would not only
bo beneficial to all classes of the shareholders, but would
greatly raise the credit of the company, and show that
they were proceeding harmoniously. (Hear, hear.)
Mr. FENTON expressed his satisfaction at the proposi•
tion.
The proposition appeared to be well received by the
preference shareholders, a large number of whom were
present. The meeting terminated with a vote of thanks
to the chairman and directors, and the preference share-
holders met subsequently, and formed, as we are told, a
committee to act upon Mr. Stur,ge's suggestion for a con-
version of preference shares into some less objectionable
form than the present.

RAILWAY TRAFFIC RETURNS.
THE GREAT NORTHERN RAlLWAY.—Traffic return for
the week ending July 23,1854 i',22,367 5 9
Corresponding week last year 16,383 5 3
LANCASHIRE AND YORKSHIRE RAlLWAY.—Traffie re-
turn for the week ending July 30, 1854 £21,105 11 9
Corresponding week last year
CHESTER AND HOLYHEAD RAlLWAY.—Traffic return for
the week ending July 30, 1854 £5,985 10 5
Corresponding woek lust year 0,421 13 4

Decrease in 1854 £436 2 11
SCOTTISH CENTRAL RAlLWAY.—Traffic return Lai the
week ending July 30, 1854 £3,710 8 3i
Corresponding week last year 3,224 2 61

FEMALE FOUND DROWNED.—On Wednseday informa
tion was received by the coroner, that the body of a female
had been found in the Regent's Canal, near the Rose-
mary Branch Bridge. Her age apparently is about 44
year;, and -height 5 ft. 6 in., hair dark brown, with blue
eyes, and having two front teeth out ; her dress consists
of a purple cotton gown, black apron, white cotton
stockings, side-laced boots, and white straw bonnet with
black ribbons. The body has not been identified.

561

FOREIGN.
10 all Antwerp&Rotterdam 6 —64 d
5 3 Belgian Eastn. June. 3
4 1
20 8 Beziers to Graissessac 4 3 d
20 2s. Bombay, Baroda, and
Central India,Scrip
... Central of Italy
20 all Charleroi & Erquelin
171 all Demerara
20 14 Dijon and Besancon.. ..• p
20 9 Dutch Rhenish 3s -- 341
20 all East Indian 1 —21 p
20 2 Do. Extension 4 1d 11
5 all Gt. Indian peninsula > p 54
20 10 Gd. Junct. of France
25 10 Grd. Trunk of Canad. 6 5d
100 40 Do. Debentures 7 6
100 all Do. do — •••
20 10 Gt. Central of France, —1 d
20i all Gt.Westernof Cana&
Shares 174 181 18
Do. Bands (Ist is. )'57 •• • P
..• ,••
201 all Hamilton & Toronto 4 d 4 p 20
100 all iDo. 6 per cent.
20 5 !Lake Const. & Basle
5 all Lucca & Pistoja 5 p.c.
prof ••• dis
20 15 Luxembourg — •••
10 10 Do. (Railway) —
5 2 Do. Pref -
5 3 Do. (Canal)
10 5 1)0.6 p. et. pref - •
20 0 Lyons and Geneva -4p
20 12 Lyons & Alediterran.
20 13. ‘ladras
33?., 3:3, Maria Antonia
• •••
10 all Do. do. New
..•
2f 2 Melbourne Dk, &Ry
20 all Namur & Liege (wit;
interest) 7l 8 J -
20 all Do. (ex interest)
16 all Northern of France 323 321
Do. 201. 3 p. c 13ds
20 all (fruy.B.&Ams.Slis.
10 all Nlorwegian'PrunkPre: 8 9.
20 14 Paris and Lyons l7l —lB p
40 all Ditto Bonds
10 all Paris and Orleans 45 4▪ 7
20 all Paris and Rouen.— 40 42
20 all Paris and Strasbourg 314 -- 31$
20 10 l'arisCa.en &Cherbrg. _ pm
10i 10 2uebee & Richmond
20 all Rouen and Havre 22 —23
20 15 royal Danish
5 2 TtoyalSwedish
20 all ,lanibre and Meuse B4 9
6 Do. 51 p. cent. Pref
2▪ 0
6 southern of France ▪ •
Pm
20 8 -A. Andrew's and
Quebec (A) ........
8i all Meat Flanders,,,, .4
x in
10 all Do 54 per a. Prof
20 10 Western of France 5 6 p
10 7 Nest. of Switzerland 2O 2 Wiesbaden
20 15 Zealand 4i 3itlxn

MISCELLANEOUS
5 all Rubin Coal and Iron'
25 173 Australian Agri=lt. 43 . 45 44
20 14 lustralsn•Pcific•Mail
10 8 Australn. Royal Mail •
10 4 Water Works ... •••
50 40 Brit. American Land 65 70
5 1 Brit. & Coln. Smeltg.
and Reduction Co •-•
100 323 Canada BB 92 91
5 5 Jrystal Palace 4 •-•• 44 41 i
5 3A Do. New.. .
4 2 Orystal Pal.of France •••
20 5 Eastern Steam
25 20 ElectritTelegraph(A) 19 20
25 all Do. (B) ••• •••
1 1 Electric Teleg. of Ir — •••
15 14 Gen. Steara Navigat — •••
20 18- General Screw Steam •••
20 74 Irish Beetroot Sugar •••
20 10. Magdalena St. Navig.
1 all Nat. Pat. Steam Fuel
•••
10 3 Netherlands Land —
2 1 N. S. W. Coal & Inter
Stearn Navigat. Co ... •••
1 all N. B. Australasian a
1 Do. New ••• •.•
20 10 Nrth.ofEuropeSteam —•-:
5 all Peel Rr. Ld. & Minrl.
50 all Peninsular& Oriental •••
50 40 Do. Do. ••• •• P
2 all Portland Iron Co
100 Loyal Nlail Steam
l all Sect. Austral. Invest a 2g 2* $
25 iouth A ustral.L;Ln• 33 35 34
1 all lobular. Telegraph
.1 all 0., Registered IA
•Vau DietUOU Land 11 —ll

50
50
2

LLOYD'S SHIPPING-(THIS DAY.)

LONDON, Wind this day at Noon, N.W.; mo-
deratebree Aug.ug. 4.N.zAe,and dull, hazy weather, with rain. The
Mercury continues to rise slowly.
PORTSMOUTH, Aug. 3.—Wind, N.E. Arrived Gentoo,
from Sierra Leone ' • Ocean Queen, New York, and sailed
for London ; Faith. Quebec. Sailed—Maidstone, for the
Cape of Good Ho; e.
SOUTHAMPTON, Aug. 3.--Wind, N.B. Arrived—Port
Glasgow, from Quebec.
FALMOUTH, Aug. 3.—Wind, N.N.W. Arrived—W.
R. Jones, from Havannah ; Elvira, Buenos Ayres. Off
Port—Augusta, from Batavia, and sailed for Bremen.
OFF THE WIGHT, Aug. 3.—City of Calcutta, from
Calcutta.

GLOUCESTER, Aug. 3.—Arrived—Alecto, from Tat-
magouche.

SIINDERLAND, Aug. 3.—Wind, N. Sailed—Ticker, for
Rio Janeiro; Perseverance, Quebec.
LERWICK, Aug. 2.—Arrived—St. George, Orion, Ma-
zanthier, and Milenka, from Greenland. The Germanic&
and Hebe (brigs), both of Hull, were totally lost at Green-
land during the month of June; crew saved.