The Sun.
London, England, 1849-10-29 00:00:00

THE suN„
ILONDON , MONDAy EVENING, OCTOBER 20, 1840

of the taxes, in which there is but little variation,
becomes intolerable, and there is wide-spread ruin
and distress throughout the length and breadth of the

land.
These results, which are so painfully perceptible can
every side, are not the consequences of the want of
protection or the establishment of free-trade doctrines,
but rather because the principles of the system have
not been fully and fairly carried out. It is because
" free trade in money"—the medium of all exchanges
—is not sanctioned. So long as the price of gold is
fixed it cannot be asserted that our trade is really
unfettered and unrestricted.
The money jobbers, who alone benefit by the
Atrocious system, who reap enormous profits from the
fluctuations in the money market, which have been
truly stated " to have occasioned greater evils to the
trade and manufactures of the country, pecuniary,
social, and moral, than the direct failure of all the
banks of issue since they were first established,"
have a direct interest in the perpetuation of the
grievance, and will of course labour zealously and
indefatigably to sustain it. " The few " will still
desire to grind and oppress the many,
if they
can be permitted to do so with iniPunitY•
They therefore attempt to mystify the question, And
to mislead those who, if they could take a colleot
view of their true position, would speedily enforce an
equitable adjustment of affairs. Glaring fallacies as.e
solemnly propounded—the acknowledged evils are in
turn ascribed to every cause but the true one. The
potato failure, and the enormous importation of bread-
stuffs thereby rendered necessary, over-produc-
tion by our manufacturers, and over-speculation
by our merchants, the vast expenditure on rail-
ways, &c , &c., have been reiterated 'untie ad
nauseam by these interested witnesses as the
sources of the monetary crisis, and of the general
distress that prevailed throughout the country ; and,
unfortunately, the people have suffered themselves
to be deceived, because they are unwilling to take
the trouble of sifting the matter to the very bottom,
and of entering upon a thorough and searching
investigation into all its details.
The failure of the potato crop was indeed a serious
calamity, entailing much misery and wretched-
ness upon the inhabitants of the sister kingdom, and
compelling this more fortunate nation to contribute
largely to their assistance; but under a sound system
of currency the eight or ten millions sterling lent to
or bestowed upon Ireland in the dark hour of her
affliction and distress could not have materially affected
the position of England, with her five thousand
millions of accumulated and realised capital.
We have somewhere seen it well remarked that the
expenditure could have produced no greater effect
than if a man worth 5,0001. sterling were to bestow
81. or 101. to save his brother from starvation ; or,
than if a person worth 2501. per annum gave Bs. a
year to keep his sister from the workhouse. It could
not, therefore, have been the cause of the commercial
distress which, according to the well-considered evi-
dence of Mr. Jour; TAYLOR, before the Committee of
' the House of Commons, was "rather occasioned

by a peculiarity in our coinage, which
forbade our exercising the ability we ought to have
to counteract that calamity." Had it not been for
that grave and fatal mistake, the potato blight, by
opening a new demand for our manufactures, in
payment for the breadstuffs necessarily imported
from foreign countries, by introducing improved
modes of culture, and effecting a total altera-
tion of the social system in Ireland, might
ultimately have proved rather beneficial than
otherwise. It could not possibly have led
to the general distress and suffering, the monetary
crisis, the commercial embarrassments, the cessation
of credit, the failure of employment, and the sacrifice
of property to the value of more than 250,000,0001.
sterling—in other words, the destruction of 25/.
worth of property for every pound contributed for
the relief of Ireland.

On another occasion we shall show that these

calamitous results were not in any degree ascribable
to overproduction or over-speculation, which have
been put forward as stalking-horses to fright the isle
from its propriety, and to direct the public attention
from the real source—the fons et origo—of these
fearful calamities—the monetary code established by
the Acts of 1819 and 1844.

How delightful it is to behold injured innocence
come forward and defend its pure and holy cause
against the libels and backbitings of the ignorant and
unenlightened world! The members of the Oxford
Tradesmen's Association have lately thought proper
to offer, through their secretary, " A Reply to the
Accusations which have been brought during the Long
Vacation against Oxford Tradesmen generally." They
have made public the fundamental principles of their
association, which we take the opportunity of making
more generally known, because the inferred habits
,f this band of honest tradesmen previously to the
t'ollowing resolutions will give a pretty clear notion
of what respectable shopkeepers are, and open our eyes
is to the present character of those who cannot be
prevailed upon to join the association.
Ist. " The members are required to send in a full
,tatement of all claims upon resident members of the
University twice in the year.;

2d. " To abstain from personal solicitation for the
sale of goods.
3d. " Not to lend money at interest to under-
graduate members of the University.

" It is not the wish or intention of the members of
this association to find fault with other parties," but
merely to vindicate themselves; yet say they, in reply
to the charges brought against them, " There are
many who join in the outcry with no other motive
than having a pretext for withholding their money
who are willing that their sops should do as they
please, so long as their parents need not pay more
than they choose." The logic of the whole produc-
tion is, however, so admirable that it would be
sacrilege in us to comment upon it. As a proof of a
distinction in intellectual coo* between town and
gown we can conceive nothing more admirably adapted.
But as their mode of reasoning has less interest for us
lan their mode of reckoning, we will take a glance
at their three " fundamental principles," and while we
lament the sad cause, we will be hopeful as to the
effect, and most anxious that `.;great actions "may be
" true sons " " of great and mighty resolutions."
First, then, " members of the association are re-
quired to send in a full statement of all claims upon
resident members twice in the year." If any such
custom had hitherto prevailed, evidently no resolution
would have been necessary. The tradesmen of both
Oxford and Cambridge know very well that the greater
part of them not only omit sending in any half-yearly
statement of accounts to the college authorities, but
even keep back such accounts when they are asked for.
We know of tradesmen in both Universities who are
receiving capital interest on accounts of twelve or
fourteen years' standing, and who would be
anything but pleased were these bills to be settled.
We have seen orders from the Vice-Chancellor re-
lative to ready money payments, placed in the most
conspicuous manner on shop dooors, and yet laughed
at and derided by both seller and buyer. We know
of tradesmen who made a point of calling oa " fresh-
men" the moment they perceived any slight signs of
extravagance, and telling them that they will not
think of sending in their accounts until after " de-
gree." And these very men, probably, are the
loudest in their hypocritical complaints and feigned
indignation. Far be it from us to say that there are
no upright and cautious tradesmen in the Universities.
We know of several, as respectable and honest men
perhaps, as any in the kingdom, but they are most
singular exceptions to the general rule.
The second resolution is, like the first, very
plausible, and, if actually carried into effect, would
be most admirable, viz., " To abstain from personal
solicitation for the sale of goods." But how long
will these less unprincipled tradesmen refrain from
their touting habits ? How long will the well-disposed
tailors, for instance, be able, without envy and
jealousy, to behold their greedy brethren gadding
about from room to room unfolding with an in-
siouating flourish their gorgeous and tempting yards
of patterns ? We confess our doubts. Snug little
college rooms are the paradise of "snips." "
Un-
sport your oak" for a moment, and in struts a little,
bowing, scraping man, with a large black parcel
under his arm, and a most heavenly smirk on his
engaging countenance. Before you can pos-
sibly persuade hint - that you are sufficiently
well clad he has almost carpeted your room with little
squares of every imaginable description of cloth. Tell

him to go, he- will gage at his goods and look the
picture of crintent. Rise from y(,ur seat and show
that you really have coat, waistcoat, and trousers, he
will eye you like WEIGHT at the Adel phi, look at your
elbows and all your other weak points, and confiden-
tially whisper that you appear to forget that " the
apparel oft proclaims the man." No hint, no per-
suasion, no force, can drive him from your room.
You must put aside your mathematics for an hour or
two, at least ; you must hear him harangue all the
friends who may have accidentally called ; you must
submit to this almost every day, and consider your-
self very well used if be does not send 3ou in coats
and trousers which you merely pretended to admire.
Comparatively few clothes are ordered in the shops,
and those few are, for the most part, necessaries ;
consequently, we wish the second resolution of the
Oxford Tradesmen's Association every success.
With regard to principle number three, " not to
lend (for the future, we suppose) money at interest
to undergraduate members of the University," we
must say we are amused with it. "Who," say the
tradesmen, in their letter to the Times, " can distin-
guish the poor from the rich ?" Who, indeed, can
half so well as the men who are asked to lend money?
And who have been the money-lenders, according to
the implied meaning of this third resolution door
the very tradesmen themselves. They give the poor
country "freshman" dandy " Wellingtons" instead
of his unsophisticated " Bluchers ;" they strip him of
,is rustic garments, and array him in all the colours
the rainbow ; they lend him money at exorbitant
; and then—perhaps rightly—they say that
they cannot distinguish him from "the noble and
wealthy:''
We will say no more; we will hope that
these OxAm.i tradesmen are acting honestly ; but our
faith wavers, our prejudices are not quite extinct.

THE FBEJNCH REPUBLIC.

We have received the Paris journals of Saturday
and Sunday.
The Journal des Debats of Saturday publishes the
folloving important telegraphic dispatch announcing
the setttement of the Russo-Turkish question :

" GENERAL DE LAMORICIERE TO TELE MINISTER OF

FOREIGN AFFAIRS.

" St. Petersburgh, Oct. 18.

" The Count de Nesselrode has notified to the Ot-
toman envoy that the Emperor, taking into considera-
tion the letter of the sultan, limits himself to
demanding that the refugees should be driven out of
Turkey.
" Fuad Eff,->ndi considers the affair as settled."
The intelligence of the resignation of M. DE FAL-
Dona in consequence of his continued ill health is
confirmed, and this resignation will give rise to a
Ministerial crisis. It is said that M. LANJUINAIS
will be his successor, but M. LAIIJUINAIS
is obnoxious to the parti pretre. In some
quarters M. DE CORCELLES is spoken of as likely to
succeed M. DE FALLOUX. General RULHIERE, the
Minister of War, will also, it is said, resign. The
PRESIDENT desires that General MAGNAN should
succeed him, but the parti pretre do not approve of
General MAGNAN, and General CHANGARNIER, who is
the complete slave of the parti-pretre, will resign the
command of the troops, should a Minister of War be
appointed of whom he does not approve.
The Reforme has the following on the Ministerial

crisis :
" Grave events are preparing. The struggle between
the majority and the executive power has commenced in
earnest. The solution of the Roman question has rent
the veil which covers the secret plottings of the different
pretenders. Reconciliation is nu longer possible; or if
effected, can only serve the-purpose of a mask. The
President and his friends are now aware beyond all
shadow of a doubt of the aims of the Bourbon factions.
It is incumbentupon him to retrieve the moral forfei-
ture imposed on him by the late vote, lest politi-
cal forfeiture should follow. A change of Ministry
in the sense demanded by the majority could not dissi-
pate the gathering storm, and would indeed only preci-
pitate the conflict. It is quite idle, too, to evoke the
phantom of Socialism, for the President knows too well
the quarter from which the real danger comes. A supreme
effort will therefore be made to get out of this position.
On the other hand, the majority has flung off all restraint.
Absolute mistress of the Chamber, it marches direct to
its object, and insolently exhibits its objects and hopes.
While the principle of legitimacy is openly prc claimed
at the tribune, the party demands with loud cries,
through the press, a radical change in the personnel of
administration, and attacks the very principles which
constitute our municipalities, on the pretext of raising
a barrier against the ravages of Socialism in the
provinces."
A meeting of the reactionary club was held on
Saturday, at which M. MOLE professed his willing-
ness to take office as the head of a reactionary Ministry,
and a discussion ensued as to the propriety of at once
making an attack on the Ministry in the Assembly.
The discussion was adjourned to Tuesday.
The Pattie of Saturday e%ening contains the fol-
lowing announcement :
" M. de Faltoux arrived yesterday in Paris to make
the proparalons for the departure which the state of
his health renders indispensab'e. Before leaving Stors
M. de Falloux was visi►ed by M. de Persigny, sent by
the President of the Republic, to inquire about his
health, a❑d to express his hopes for his recovery. The
imperious preicriptions of his medical men oblige M.
de Falloux to quit affairs for a time. This morning he
Rent to the residence of the President of the Republic
to give in his resignation, which he had already an-
nounced through M. de Persigny. To-morrow he will
leave Paris for the south."

The examination of the witnesses at the High
Court of Versailles proceeded on Saturday without
any remarkable occurrence beyond the reading of a
letter from one of the parties implicated in the insur-
rection, complaining bitterly of the treachery of the
Mountain in deserting LEDxU ROLLIN and the others
when the moment of danger arrived, on the 29th of
January and 13th of June last.
The Committee of the Budget adopted at its meet-
ing on Saturday the estimates of the Minister of
Marine.

were done today at 271 cash. There is nothing
'doing in the otLr stooks, and the quotations are
merely nominal.

GERMANY

AND
THE NORTHERN STATES.

AUSTRIA AND HUNGARY.

HAYNAV has been definitively appointed Governor
of Hungary, and the murders have been renewed.
It appears from letters from Pesth of the 20th, that
on that day three persons were hanged in the Hun-
garian capital, viz., the Prince WORWITZKY, Com-
mander of part of the Polish Legion ; GIRON, a native
of Pesth, and Commander of the German Legion ;
and ARANCOURT, late Aide de Camp to General
DEMBINSKI. These three executions have caused
great terror among the inhabitants of Pesth, who have
now lost all hope of the Government adopting a
milder course of policy. Nevertheless, neither PR-
RENY' nor STULLER have as yet been executed. They
remain under sentence of death, for their punishment
has not as yet been commuted. Several arrests like-
wise took place at Pesth on the 20th. Among the
persons arrested are Messrs. BARKossY, NARAY, and
KER,ETz, who in their time were among the most
distinguished functionaries of KossuTu's Government.
It was also rumoured that M. MADARAS had been
hanged, but this rumour requires confirmation.
The Lloyd says that " intelligent and patriotic
citizens will learn with pleasure that it is the intention
of the Government to cover the public expenditure
by the imposition of new taxes."
The movements of troops towards Bohemia con-
tinue. The forces of Russia and Austria united
occupy a line of territory from the Tessina to Ka-
lisch ; the number of troops under arms amounts to
700.000.

VIENNA, OCT. 23 —The Weiner Zeitung of this
day publishes the law proposed by the Ministry and
sanctioned by the EMPEROR, relative to the provi-
sional organization of the Administration in Hun-
gary. Acting on the principle that the former Hun-
garian Constitution has been set aside by the revolu-
tion, a special statute, founded on the principles of
the Government of the empire, viz., on the unity of
the monarchy, on the equalisation of the Crown lands,
independent of the kingdom of Hungary. In like
manner the Servian Weyewodship is severed from
Hungary, and its union with the other Crown lands
intimated. Besides this the whole country is divided
into districts, and these again into circles, which
answer to the former counties.

With reference to Art. 184 of the Constitution of
the lands, and on the equal rights of all the national
rse-s, is to regulate the Constitutional relations of
Hungary. By this the former neighbouring lands
of Hungary, viz., Croatia and Slavonia, with the
Croatian Litcrale, together with the Grand Duchy
of Transylvania, with the Saxon land (including the
territories formerly severed from Transylvania, and
now again united thereunto), are constituted peculiar
Monarchy of the 4th of March, and to the therein
declared unity and indivisibility of the Executive,
under the responsibility of the Ministry, the admi-
nistrative of Hungary, by virtue of the above
fundamental law, is subjected in all its branches to the
supreme government and influence of the Ministry ;
but during the term of the extraordinary circum-
stances in which Hungary is at present placed, the
executive authority is vested in
.the Commander-in-
Chief of the army.— Weiner Zeitung.

ITA LY.

The Piedrnontese Gazette of the 231 officially an-
nounces the nomination of Chevalier PIETRO DE
Rossi DI SANTA ROSA to the post of Minister of
Agriculture and Commerce, with the provisional ma-
nage►nent of the portfolio of Public Works, in lieu of
Chevalier MATHIEU, whose resignation has been ac-
cepted. M. DE Rossi has hitherto voted with the
minority cf the Chamber.
The Legge of Turin, of the 23d, states that the
prosecution of the persons arrested for political
motives is in active progress, and that sentence
is shortly expected to be pronounced.
The Nazionale of Florence states from Rome, 18th
instant, that the French have applied for better
barracks, on the ground that their stay is likely to be
indefinitely protracted.

_ .
The Osservatorc Romano states that on the 13th
M. CAPUTO, one of the chiefs of the late Neapolitan
insurrection, was arrested at Rome, in order to give
him up to the Neapolitan Government, who had
demanded his extradition. But the Statuto of Flo-
rence adds, on the authority of correspondence from
Rome of the 18th, that M. DE CORCELLES has
protested against his extradition, and opposes it with
all his might.
The King of NAPLES has at length decided upon
recognising the Mexican Republic.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE.
There was a good demand for Cotton at Liverpool on
Saturday. The sale- were estimated at 10,000 bales.
The sales comprised 7,000 American, at 53d. to 80.,
500 Brazil at 6d. to 7d., 1,100 Surat at 41d. to 4d.,
and 40 Sea Island at ls. lid. to ls. sd. per lb ; 4,000
American, and 1,000 Surat were taken on speculation.—
Railway Shares were firm.

There is a duller trade in Mark-lane to-day for most
articles.

Nothing is easier than to take a one-sided view of a
question, and this the Protectionist party, whether en-
gaged in trade or agriculture, are doing constantly
The best plan in such case is not to decline the invita-
tion given, as it were, to free-traders, but to meet at once
the objections raised, and see if there is any validity in
them. A case in point is now before us. A large and
powerful joint-stock glass company, as we are told by
certain aggrieved parties, is about to introduce a system
of periodical sales by auction, as an outlet for their pro-
duce; such a system, according to the same partier, is
unprecedented, not only in the glass trade, but in all the
other great staple manufactures of this country, and
accordingly our informants condemn it in the following
terms :

" This commercial novelty is the fruit of over• pro-
duction. The supply has greatly exceeded the demand.
and, consequently, large stocks have accumulated, with
the almost impossibility of effecting sales in the usual
manner. This increased supply has arisen from very
exaggerated notions having gained credence as to t he effect
of the repeal of the duty; from the speculative joint-
stock mania of 1845.6, and in no small degree from the
poetry' of Sir Robert Peel, who sought to persuade the
public that the duty being once repealed, everything
would be made of glass, from a watch•spring to a
water-pipe.' What was the result ? Previous to the
repeal of the duty there were thirteen window
glass (crown and sheet) manufactories in the United
Kingdom, all working short time. On that
measure taking effect, these were placed on full time, and
also considerably enlarged; in addition to which 11 other
manufactories were established, making a total of 24, in-
creasing the supply 300 per cent., while the increased
demand did not exceed 25 per cent., except for a very
limited time, until perties had replaced their stocks.
Glass has consequently gone down to the cost price at
the most economical manufactories, at which rates 11
have been suspended at an estimated loss of 250,0000
Now, we have net sufficient acquaintance with the
glass trade to determine positively how far these state-
ments may be correct, but we shall probably not be
wrong in assuming that they are susceptible of a reply
from practical men, that would materially weaken their
force.

Some of the fallacy they contain is apparent even to
ourselves, who, in this instance, draw our conclusions
simply from theory. The demand already, it is ad
mitted, has increased 25 per cent. under the operation of
lower prices, and what is more, our improvements and
increased production and cheapness have alone kept us
from being inundated with the foreign article. If, there-
fore, we are to extend our trade in glass, we must menu.-
facture largely as well as, cheaply, to have a
chance in distant markets, and the first loss, after the
opening of a trade is inevitable and almost invariable,
the tea trade to wit, though the public as surely gain
what individuals temporarily lose. Without giving any
further opinion, however, we will allow the facts to
speak for themselves, and give another extract from the
adverse communication before us:—

" The supply still greatly exceeds the demand, and
the present prices are below cost at several manufactories
now in operation. They in their turn must eventually
retire, and those only who are situated in eligible
localities for the cheap manufacture of glass can per-
manently exist. Whether this company, with its
auction sales, be one of that class may be gleaned from
the fact of their having spent 70,0001. on their plant,
when a manufactory, capable of 1 roducing the same
quantity of glass, may be rented at 500/. a year, and in
a locality superior by 3,0001. a year in the cost of manu-
facture."

The steamer from the United States and Canada
brings late and interesting news. The rate of exchange
on London was still so high—HO to 1101—as to render
it almost a matter of certainty that specie to some amount
would be exported to Europe, and both upon London
and Paris there was an active demand for bills. The
official notice of the United States Government that
British ships should enjoy the same privileges as are
accorded here under the new Navigation Act to Ameri-
can vessels, has given much satisfaction, although it
was fully expected.

The Canadian accounts continue of an unsatisfactory
tenour, more from the indication of future mischief than
from present agitation.
The continental accounts are of commercial interest.
The rate of exchange on London at Hamburgh, last
Friday, was 13 104, and the price of gold 431. Not
much was doing in exchanges generally, but Bills of
short date on London were in request. Stocks
were firm, and in Shares not much was doing.
At St. Petersburgh a larger business was do-
ing in Tallow, and yellow candle had advanced
from 105 to 117. At Copenhagen, on the 24th inst., the
New Danish Three per Cent. loan, contracted in Eng-
land, was quoted higher, viz. 713-. The Amsterdam
Bourse opened at an advance, but went back subse-
quently for the Dutch Two-and-a-Half per Cents. to
52 13-16ths. In the Three per Cent. Spanish Stock
there were large purchases at 4 per cent. rise. At
Berlin, on the 26th inst., the Three-and-a-Half per cent.
Prussian Bonds were marked 884-, and at Vienna, on the
24th inst. Austrian Bonds were 941.
The new arrangements at the Yost-office came into
operation yesterday; the additional number of persons
employed, however, being twelve only, all of whom were
volunteers, and who succeeded, with the persons pre•
viously doing Sunday duty, in sorting and forwarding
by an early hour no less than 60,000 letters. The letters
bear the stamp of Sunday, and no newspapers, a e be-
lieve, arc forwarded. It is expected that in future
twenty c!erks will be employed i❑ getting through the
new duty.

The Funds have advanced again this morning, the
pacific news from Russia having a favourable influence.
Consols have been 92-i to 93 for Transfer, and 921 to 93
for Account. The New Three-and-a-Quarter per Cents.
have been 921 to 921, and the Three per Cent. An-
nuities 9l to /3-. Bank Stock is firm at 197, and India
Stock at 257. Exchequer-bills are 495. to 455., and
India Bonds 81s. to 82s. premium.
Business in the Foreign Market has been extremely
quiet. Spanish Five per Cents. are 161, and the Three
per Cents. 341. Portuguese Four per Cents. are marked
33. Mexican Bonds are flat at 26k i; and Peruvian
have been marked 521 to 53. Dutch Two-and-a-Half
per Cents. are 531.
In Railway Shares there has not been much doing,
but prices are firmly maintained in all cases, and there
are several instances of an advance, and especially we
may note Great Western, &c.

THREE O'CLOCK.
Consols are now 92i to 93 for Money, and 93 to i for
Account.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 197

3 per Cent. Reduced Annuities
3 per Cent. Consols Anne 92% 93
New 314 per Cent. Anns. 9:2%1h3.i
Long Annuities, Exp. Jan. sth, 1860 8 7-16 8%
D 0.30 Years, Expire Octl 0, 1859 -16 8
India Stock 257
Do. Bonds, 10001 SI 82 p
Ditto under 1.0001 79 t,2 p
Consols for Account ........ ....
Exchequer Billa. 1 ihd. 2d.
March. June.
1,000/.
5001. — 41 45 p
Small _ 44 45 ,;
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Mexican 80na15,1846, 5 per Cent., Coupons
Ditto Ex Jan. Coupons
Ditto Account
Peruvian Bonds, 4 per Cent 52% 53 52%
Do. Deferred
Portuguese Bonds, 5 per Cent
Ditto 4 per Cent.

Spanish Bonds, 5 per Cent,lB4o ... 16%
Spanish Bonds, 3 per Cent......... 34%
Dividends on the above payable in London.
Dutch 21,4, per Cent., 12 Guild ... 53%
Ditto 4 Der Cent. Certificates ... 82%5/6
BUSINESS DONE IN RAILWAY SHARES AT ONE O'CLOCK
RAILWAYS. PAID. PER SHARE.
il)ftrdiqin
Ditto, Preference 614- 614-- to
kw bQr., Notting., Boston,&c 63/4 x.i. to
tyrshire and Galloway 7% to
13clfast and County Down .. 26% .. ..
3erks and Hants Extension .
(Gt. West. Perpet. 5 per ct.) 6
.tirmingnam & Oat ord J unct.,
calls duly pd, or with guar. 20
Do., without a guarantee... 20 ...
3irmingham,Wol., & Dudley,
calls duly pd, or with guar. 10 ... .
Do., without a guarantee... 10
Binning., Wol., & Stour Val. 13/.145 —
Birkenhead, Lancashire, and
Cheshire Junction..
Boston, Stamf., & Birming...7l. 4s — to
Bristol and Exeter -
Do., Thirds ...... ... .....
Buckinghamshire.. — 17%
7aledonian
Ditto, New 10/. Preference 10 ...... .... . to
Ditto, Clydesdale Junction 50 ...... -
jhester and H01yhead......... 50 ...
Ditto, Preference
' "larence.
Do., let Class, 6 per Cent
D0.,2d Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 514 — to
Dablin and Belfast Junction.. 40
Dundalk and Enniskillen ... 27%......
East Anglia, 25/. L. & E.,
and L. & D , . 25 - ..... to
Ditto, l 8/., E. & H lB ... ..
Do, 31. 135.,6 p. Ct. Pref. 3% —
Eastern Counties
Do. New Guarant. 6 per Ct. 10
Do. Exten., 5 per ct. No. 1,6/.135. 4d .. % p.m. to
Do., do N 0.2,61. 13s. 4d... par ...... to
Do., Northern & Eastern... 50
Do., 5 per cont.
Ditto, New — to ••... ..... .. 43 • •••• ....•••
Eastern Union, Class A (late
E. U. Shares) ... .. 25
Ditto, ditto, Class A, ditto 3% ,
Ditto, do, Class B (I. & B) 25
Ditto, do, Class C, ditto... 25
Ditto Scrip (gua. 6 per ct.) 20
East Lancashire ..... .., ...... 25
Ditto, New ... .......... ...- .25
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Shares 614 ...... ...... to
East Lincolnshire .........
Edinburgh and Glasgow
Di ,to, Half Shares
.........
ttoo
...
Edinburgh and Northern