The Sun.
London, England, 1849-01-01 00:00:00

£52,000,000

its progress to the Exchequer ... ---;
To meet which I propose :
1.-DUTIES OF CUSTOMS.
_ _

(A) Tobacco ••• ... ... ...! £4,000,000
(B) Sugar (at present) duties
„. ... 5,500,000
(C) Distilled spirits, all kinds ... ... 2,500,000
(D) Wines (at duties adjusted for revenue) 2,000,000
(E) Spices of all kinds ...
... ... 100,000
(F) Fruits of all kinds ...
... ... 300,000
(G) Tea, at Is. the lb ... ... 3,000,000
(H) Silk manufactures, and other articles of
luxury, at an ad valorem duty, exclud-
ing all raw materials, and articles of
food

900,000

2.—EXCISE, UNDER ONE OFFICE, WITH STAMPS.
Spirits and malt ... ...X10,000,0001
11,200,000
Licences ... 1,200,000
Stamps, legacy duty, and probates... ••• 7,500,000
3. Post office, gross revenue 2,300,000
4. Crown lands (should give more) ••• 500,000

Total from ordinary sources ... ... £41,000,000
5. Duty of 5 per cent. upon the rents or
profits of all realised property, whether
funded, houses,
lands, warehouses, docks,
East India Stock, Bank Stock, and all
stocks and shares whatever, bought and
sold in the market, which I estimate at
220 millions sterling per annum...

... 11,000,000

Total estimated revenue to meet esti-
mated expenditure —£52,000,000
The last item of eleven millions will appear startling at
first sight to those who are not fully acquainted with
our taxaticn and sources of revenue. But I am pre•
pared to prove, as the result of very laborious calcula-
tions, that it is by far the most equitable mode of levying
the balance of revenue which it is necessary to levy, ex-
clusive of duties on commodities, in order to meet the
expenditure.
In the first place, an income tax—for all in-
comes temporary or permanent, yields ... £5,600,000
The other direct tax which I pro-
pose to abolish are window
taxes, and other :assessed
taxes, exclusive of land-tax ...A2,818,000
Fire insurances about 1,100,0001.
and duty on bricks 680,0001.,
are in reality taxes on pro-
perty ...

... 1,760,000

4,593,000

Utti m ~.419,199,000

Now, this amount of 10,198,0001., and of some por-
tions of the other taxes which I propose to abolish, c,,n-
stitute, when analyzed, in reality, a property and in-
come tax—the question is, can we arrange a satisfactory
scale for permanent and for temporary incomes? I
have tried in vain to do so, and I have failed to arrange
any scale in any way which would work with any pos-
sible satisfaction to the public. Having also examined
carefully the scheme proposed last session by Mr. Hors-
man, I regret to say that I consider it would have proved
utterly impracticable, and far more inquisitorial than the
present income-tax. The tax I have proposed is per-
haps not in every respect the most equitable; but as I
would extend it to all realised property, my own opinion
is that it would, with the relief I propose from abolishing
the window and other assessed taxes, and stamps on
fire insurances, not press more heavily on lands or
houses than the present income-tax.
I have alluded to the expenditure and revenue of Ire-
land. To unravel the condition of Ireland question is,
I confess, beyond my power. But if we aro only to
hold that country by as great a military and police force
as that which would be necessary to hold any conquered
country, with a population of eight millions of inha-
bitants, it would, as far as the interests of England and
Scotland are concerned, be preferable to repeal the union
at once, withdraw the army, and leave Ireland to pay
for its own police and civil establishments. But this is a
remedy for Irish maladies which I cannot join in re-
commending. It would be, no doubt, a remedy
which would be attended with little less than anarchy
and civil war ; I hope that, instead of a repeal, equal
and impartial justice will be fully carried out in Ire-
land. I am confident that such h..,s been the policy
of the four last Administrations—that is to say, the
Administrations of the Duke of Wellington, of Lords
Grey and Melbourne, of Sir Hubert Peel, and
that it is the policy of the Government of Lurd John
Russell. Let the members, landlords, and people of
Ireland do justice to themselves, and they will have no
reason to complain of the union with Great Britain. We
cannot, however, go on spending millions annually in
that country, over the amount levied by taxation in Ire-
land. The Parliamentary returns are not very clear as
respects Irish expenditure. Nor can I enter now in de-
tail upon this subject. I may briefly state, that when,
in 1817, the expenses of Great Britain and Ireland were
united, the funded debt of the latter amounted to about
134,000,0001., and the floating debt to about 6,009,000/.
It was all spent or wasted in Ireland. I find that
about 130,000,0001. of this debt was funded in Great
Britain; and that since 1817, or for the last thirty
years, the expenditure on account of Ireland, in
Ireland, has exceeded the revenue collected there, to
from three to four millions per annum. Let it also
be taken into account that no property, no income
tax, no window, nor any assessed tax, no tax
upon bricks, &c., is levied in Ireland. Since the union,
in the reign of Queen Anne, of the Crowns of England
and Scotland, the same taxes have been levied in both
countries. I have examined the revenue and expendi-
ture of Scotland since that period, and the result I find
to be, that, as nearly as possible, three-fourths of the
taxes levied in Scotland have peen paid to the British
Treasury, and that one-fourth has been sufficient for
the whole civil, military, and other expenditure of Scot-
land.

With regard to colonial expenditure, I believe that, as
fir as money is expended for colonial purposes by the
British Treasury, that expenditure may be, to a gr, at
extent, diminished. With respect to the expenses of the
revenue and other departments, reforms appear to be
necessary, and will, I have reason to believe, be made.
The increased navigation and trade of these kingdoms
require a though reorganization of the Customs depart-
psrtment. I gave notice of resolutions which would em-
brace the changes which I consider necessary; and, in
case the Government does not bring forward a good
plan, I will submit mine early in the session, in pur-
suance of the notice I have given. The Government has
appointed a commission of inquiry, which now sits at the
Custom-house in London. It is, I believe, already de-
cided that the Excise and Stamp offices shall be placed
under one department.
I could enter into many further details regarding our
finances, expenditure, our national burdens, and our
national credit. But I hope I have stated enough to ex-
plain to you my opinions of any really efficient and prac-
tical financial adjustment.
Grievous as our taxation must continue to be, with
every economy, and, as I have shown, with every possible
diminution of expenditure, I must ever advocate the up-
holding, under every circumstance, the credit of the
country. The failure of that credit would inflict a penalty
upon every one of her Majesty's subjects far more
grievous than the payment even of our present heavy
taxation. I❑ Great Britain it would be ruinous to those
who now employ others, and it would throw those em-
ployed out of work.

- It requires but little inquiry to prove that the calamity
of a stoppage of the payment of dividends, or interest of
the national debt, would break up every monetary and
commercial engagement in the United Kingdom; that the
rights of property, whether in lands or moveables, would
no longer be sacred; that Bank stock, India stock, and
all other stocks, together with private banks, and private
credit would all be involved in the general calamity of a
national bankruptcy.
The failure of a great commercial firm or banking
house always carries extensive misery within the limits
of its operations; and the breaking up of national credit
would reduce the whole population of the country to
more irretrievable destitution than the failure of a bank
f)r mercantile establishment would subject those to,
whose means were all involved in the ruin of such bank
or concern.

If we examine the artifilial circumstances upon which
the population of the United Kingdom depend for their
means of living, it will th,,n appear that f,w families,
especially in London and ether large towns, keep more
more ready money within their houses than the amount
necessary for a week's expenditure, and that there is
seldom more than provision for the day in any one
larder.

Money, or securities representing money, which are
received or owned in sums of any magnitude, are at once
deposited in the Bank of England, or other banks or
places of security. When money is r, quired by those
who own it, either to pay their current expenses or to
pay the wages of those they employ, the sums wanted
are drawn at the time required, and not before.
In the present state of the Public Funds, or rather
debt, these funds or debts are distributed over the United
Kingdom, the greater part in moderate amounts, and in
the hands of private individuals, who have their divi-
dends, when due, paid in to their respective bankers.
The Bank of England is not only the manager and
payer of those dividends, but the stability of every other
bank is, including savings banks, under the existing
system of securities, bil's, and dividends, involved in the
solvency of the Bank of England, and in the unerring
regular payment of the interest of the National Debt.
The ruin of public credit would, therefore, be followed
by the failure of private credit. Individual and national
confidence would fall at the same time. *

The destitution and misery, especially in the large
towns, would be unparalleled in history.

Take London, for example, with a population of nearly
2,000,000 souls, in the calamitous evt nt of a non-pay-
ment of the dividends at the Bank of England.
Every bank in London would, from necessity, stop
paying on the very day such an announcement was made.
The grazier would not then trust the butcher, nor
the latter the families he supplied,

• • -
The farmer would not credit the corn-dealer or miller,
nor the latter the baker ; and the baker, grocer, butter-
man, milkman, greengrocer, fruiterer, and other dealers
would all cease to supply their usual customers. So on
with respect to all credits and trades.
The evil would extend to all employments ; whether
in manufactures, ea wages could nut be paid to those
employed, in our ships of war or merchant vessels, for
when wages ceased to be paid, our sailors would not
navigate them, and necessity would make them seek
employment elsewhere. The calamity would be ilos-
sibly a general dismemberment of the empire, amidst
the anarchy and the general national degradation which
would be the certain consequence of not providing the
revenue necessary to meet the public expenditure.
Such a calamity must, under every circumstance of
pressure, public or private, be prevented.
A wise and just Government, and all honest men, will
we say so with confidence, unite in providing the means
to avert the calamity and anarchy which would fellow a
breaking down of the credit and faith of our common
country. Therefore, while I shall in every just way
exert my humble abilities in advocating economy in the
expenditure, and an equitable system of taxation, I must
always continue my support to the maintenance of na-
tional credit. Having thus addressed you at great length
upon probably the most important question which will
be discussed during the approaching session, I beg leave
to assure you that
I am your faithful servant,
JOHN MACGREGOR.
Athenaeum Club, London, 28th December, 1848.

[ADIrERTISEMENT.]-11olloway's Pills a Superior
Remedy for Affections of the Chest and Diseases of the
Lungs.—Bridges M'Bride a respectable young woman
residing at Carrigart, Ireland, was afflicted with a severe
affection of the chest from which cause her breathing
and articulation had become so extremely difficult, that
the general opinion even of medical men was, that the
Lungs were diseased: failing to obtain relief from other
sources, she commenced taking Holloway's Pills, and so
rapid has been her recovery by the use of this invaluable
medicine, that it appears quite miraculous. These Pills
are eqally efficacious in curing old coughs, recent colds,
asthmas„sore throats and all pulmonic disorders. Sold by
all druggists, and at Professor Holloway's establishment,
244, Strand, London.

[AD VERTISEM ENT.] —lndigestion.—No medicinehas
proved so efficient for the cure of indigestion and diseases
of the stomach as Worsdell's Vegetable Restorative Pills,
prepared by John Kaye, Esq., of Dalton-hall, near Hud-
dersfield. All who have used them speak in the highest
terms of gratitude and praise as to their wonderful effi-
cacy. Mr. Charles Adams, farmer, of Cheddeston, near
Bungay, suffered from indigestion and extreme debility
for seven years, during which period he was attended by
two medical gentlemen. He was said to be in a consump.
tion, and no hopes were given of his recovery. He de-
termined, however, to give the Vegutablo Restorative
Pills a fair trial. Ile experienced great relief from tak-
ing the first box; and, to his great surprise and comfort,
perseverance in the use of them restored him to perfect
health. Observe: John Kaye's coat of arms and a fac-
simile of his signature are on the directions for use
wrapped round each box. Price Is. 2s. 9d., or
4s. 6,1. per box; to be had of all respectable Chemists
and Medicine Venders.

UNEXPECTED CHRISTMAS Box.—On Christmas
morning, as a female servant at Sneating Hall, Kirby-le-
Soken, was washing her hands, she observed whet ap-
peared to be a piece of dark coloured paper embedded
in the soap; end, on taHng it out, she was still more
surprised to find that it contained a half-sovereign. From
the appearance of the soap it was quite evident that the
valuable little package must have got there during the
POMO 9t Planufocture.--,Essex Standard,

SUPPLY OF PURE WATER.
The question how London shall be supplied with
water, ample in quantity, and good in quality, as well
as reasonable in price, is one which interests two mile
lions of her Majesty's lieges, and may well engage again
the deliberate attention of Parliament. The select com-
mittees which have already had the subject under con-
sideration have shown clearly enough that years ago
London was insufficiently supplied with water, and that
the supply was bad in quality as well as far less than
what the population required. These facts may now be
safely taken for granted, and it would be mere waste of
time to listen to the evidence of a single witness to
confirm them. We want far more water than now is or
can be supplied to the metropolis. Let it be shown
where we can get water enough and good enough, and
howit can be :supplied at the cheapest rate, and the ne-
cessity of so obtaining and supplying it will not be dis-
puted. There is no reason to apprehend any
irresistible opposition from the water compa-
nies. They know that Parliament takes quite
sufficient care of " vested inter. sts," and that
whatever alterations may be m tele in the existing sys-
tem the shareholders will not be robbed; and we suspect
that they have already pretty well made up their minds
that many years will not elapse before they are " com-
pensated." If not, we would suggest that their coming
to that conclusion speedily would, probably, not only
save them in the long run a considerable amount of
needless vexation, but also render the settlement of the
amount of compensation to be granted to them more
satisfactory to themselves. When a monopolist offers
to surrender his rights for a round sum without hag-
gling, there is a semblance of generosity in the preced—
ing ; and, though the monopoly is not worth to him
more than what he makes by it, the purchaser hopes
that it will be worth more to himself. If, how-
ever, the monopolist should insist on his pound
of flesh, he would find a Portia in the public.
Various in detail as well as in efficiency have been
the plans suggested within the last few years for
supplying London with water. The latest scheme
—or rather the scheme which has last come under
our notice, for we dare not pledge ourselves that it has
not already a successor—is that of conducting the water
of the Thames from Henley to West Drayton by means
of a new navigable canal, and thence to Paddington by
the existing Grand Junction Canal. The promoters,
without distinctly crying "stinking fish." intimate their
apprehension that the public would grumble at having
to drink the water of a barge river, by providing for an
addition of 250,0001. to their proposed capital, "if up ,n
more mature deliberation it should be found expedient
that aseparate:channel should be made for the water for the
whole distance." It may be thought easy to show by figures
that " 100 barges a-day can produce no effect upon the
vast body of water in question;" but we should be inclined
to think that a single barge would be objectionable, and
that, though half London may be drinking Thames water
because they cannot help it, there would be a loud outcry
against the channel being used for anything but the trans-
mission of clean water. In a mere engineering point of
view the Henley scheme may be very practicable, and as
a commercial speculation it might prove profitable; but
there are other considerations involved which are of
much more importance to the water drinkers. The
quality of all the water at present supplied to London
by the water companies is, us regards hardness, decidedly
bad. Whether hard or soft water be the better for the
health of those who drink it, and what is the degree of
hardness the best for, or the least injurious to, the
human body, are questions yet, we believe, unanswered.
That hard water is decidedly bad for most domestic and
many manufacturing purposes, is a fact not admitting
of a doubt. The hundreds of thousands of pounds which
have been literally " sunk " in boring to the sand or
the chalk under London for a supply of soft water to
breweries, sugar works, and other large establishments,
render an argument on this point needless. We are
by no means inclined to pin our faith to the statistics of
sanitary reformers, who run riot in estimating on guess
the pecuniary value of all the ills that flesh is heir to.
But, without subscribing to the dictum of the sanitary
statists, who put the value of the soap wasted in London
by the hardness of the water at 630,000 L a year, we fully
admit that the loss must be so great as to render it in-
disputable that a very large outlay to secure a supply of
soft water might be a pecuniary gain to the metropolis.
One of the first points, therefore, to be established by
the projectors of the Henley waterworks is, that the
tivater of the Thames at Henley is of decidedly better
quality than at Brentford, Chelsea, or London. bridge.
In order to establish this point, the difference between
water holding matter in solution, and water holding
matter in suspension, must be particularly considered.
Matter held in suspension may be cleansed by inex-
pensive filtration; while water may run brilliantly
sparkling from the filter, and yet, by reason of the
matter held in solution, be of a thoroughly bad quality
for domestic or manufacturing use. Another point of
probably equal importance would be, whatever should
be the source of the supply, to show that the water would
not act on lead. The water at present supplied to London
is understood to pass through leaden pipes and to remain
in leaden cisterns without acquiring any poisonous taint.
The recent experience at Claremont is quite enough to
convince the most sceptical that the introduction into
London of any water, the qualities of which had not been
previously found to be such as to permit its harmless
contact with lead, might be far worse than going
on with the present scanty supply. We throw out
these hints for the guidance o• the projectors of
the scheme as well as of Parliament. The sub-
ject is not one which effects the interests of a com-
pany alone, or principally ; and though Parliament
ought to facilitate any well-directed private efforts to
increase the supply of water, great care must be taken
that the establishment of a new monopoly bo not per-
mitted, unless it be conclusively proved teat the pubic
will be the eventual gainers. The projectors propose to
afford an additional supply to the existing eater com-
panies, and to enable them to retail it as they do at pre-
sent. It must, however, be considered whether the pre-
sent mode of supplying water to London should be per-
petuated. Modern experience tends to show that
great advantages may result from plating the water
supply and the drainage of towns under
.the same juris-
diction; and the provisions of the Public Health Act
seem to take this as proved. It does not, however,
follow that private capitalists may not be encouraged
to assist in the performance of such public duties.
Money must be had for all improvements, and it is a
financial rather than an administrative consideration,
whether it is better to raise it by rates, by borrowing on
the credit of rates, or by the agency of a company and
shareholders—the company being subjected to such con-
ditions as the public good requires. The Thames, the
Lea, the Wand's, the Comae, and the Brent seem to be
the streams to which those who have proposed to sup-
ply London
it with surface water have chiefly confined
their attention. It may be important to ascertain whe-
ther might not be advisable, for the sake of obtaining
water of the best quality, to bring it from a greater
distance than has hitherto been contemplated. The
Artesian wells proposal should also receive due con-
sideration, and not the less so because the accuracy of
the assertions as to the possibility of drawing an ample
supply for London from the chalk stratum below it, is
scarcely ascertainable at present by reference to known
facts. The Trafalgar-square fountains throw some
doubt on the denials of the capabilities of deep wells.
We would not prejudge any one of the points which may
be mooted. Tee whole subject requires, and must have,
the mostimpartial investigation by Parliament, and
every side should have its hearing. Among others we
cannot but hope that the Metropolitan Sanitary Com-
mission will be heard, and that they will not postpone
their report on water supply till the question has been
decided without their opinion being known.—Times.

THE COUNTRY MARKETS.
LIVERPOOL, DEC. 30.—The duty on wheat has ad-
vanced to 8s per quarter, and on fl cur to 4s 9p per
barrel. No other change in the scale this week. The
arrivals of foreign wheat and flour are large the last two
days. The corn exchange yesterday was very thinly
attended by buyers, and the business done in free wheat
was merely in retail, at a decline of Id to 2d per bushel
on Tuesday's prices. Duty paid and sack flour was 61
per barrel and 6d per 2801 b lower. There was not a
transaction in either bonded wheat or flour reported at
the close of the market. Oats, oatmeal, barley, beans,
and peas were all quoted as on Tuesday, and very little
doing in any of them. At a concession of 6d, and in
some :instances is per quarter, several large parcels of
Indian corn found buyers for Ireland. The best Arne.
rican yellow corn brought 32s to 32s 6d, mixed quality
31s, and white 303 6d to 31s per 4801 b. No business of
consequence has occurred to-lay.
s. d. N. cl

s. d. S. d.
Wheat, per 701 i : Earley, Feediag•• 3 8 to 4 0
English, white .. 7 6 to S 0 kye, per 4801 b •. 0 0— 0 0
Do. red.. .. 7 0 7 6 Beans, English, pr
Irish, new .. .. 6 0 7 0 imperial quartr 40 0 42 0
De., old • • 7 0 7 2 Irish and Scotch,
Dantsic.. .. • • 7 9 - 8 0 per 4801 b.. • • 33 0 34 0
Do., good mixed 7 3 7 6 Foreign, duty pd. 29 0 30 0
Lowerßaltic,vvhit9 7 0 7 9 European, per im-
Do. red.. 7 2 7 6 perialquarter.. 34 0— 35 0
American . • • 7 0 7 9 Peas, English, per
Canadian .. .. 7 0— 7 6 imperial quartr 40 0— 42 9
Spanish, red and Foreign .. 22 • 36 0
white.. .. • • 0 0 0 0 Malt, English, per
Tuscan and Bar- Imperial quartr 54 0 58 4)
letta, red .. • • 6 9 -• 7 0 Do., Irish .. 10 0 12 0
Marlanepoll • • 6 6 6 9 Do., brows .. 45 0 50 0
Odessa, Polish .• 6 8 -- 6 9 Flour, English, pr
Do., hard.. .. 5 6 6 0 2801 b 38 0 40 0
Egyptian .. .. 4 6 5 0 Irish, extra flne.. 40 0 -- 41 0
Oats, per 451 b United States, per
English and Scotch 3 0 3 8 barrel .. 27 G 28 0
Welsh • • .• .. 2 9 —2 10it Canadian .. .. 27 0 28 0
Irish, sew .. 2 9 2 11 Oatmeal, English,
Do., old .•3 2 3 4 &Scotch,pr24olb 57 0 23 0
Barley, English, pr Irish, new .. .. 24 0 25 0
imperial quarter 35 0 37 0 Do., old . 24 0 25 0
Irish, Scotch, and Indl in corn, per
Manx,per6olb.. 3 6 4 3 4801 b .. 31 0 33 0
MA.NCUESTER, DEC. 30.—The trade during the pre-
sent week has again been of a slow and languid cha-
racter, without any change in prices worthy of notice.
Of English and Irish produce the arrivals at Liverpool
and Runcorn continue unimportant; but of foreign wheat
and flour further extensive supplies are reported, with
fair quantities of beans and Indian corn. Our market
this morning was exceedingly quiet, and wheat must be
noted ld to 2.1 per 701 b lower. Flour, being in limited
demand, was rather easier to purchase. There was very.
little doing in either oats or oatmea', but the previous
currency was maintained for both artic!es.
COLCIIESTEII, DEC. 29.—The supplies and attendance
at tho markets in this district have been good fur a
Christmas week, but the trade has been dull, and the
prices drooping. In our market to-day wheat and bar-
ley were is cheaper, and in some instances, and for
samples not of first quality, even a larger reduction had
to be submitted to to effect sales. White wheat was 508
to 52i; red, 41s to 495; best barley, 31s to 335; white
peas, 38s to 41s; oats, 18s to 255; tick beans, 27s to 325;
Mazagan, 25s to 283. At Chelmsford yesterday there
was an abatement in wheat of is to 2s per quarter, and
in barley of 2s; white wheat, 47s to 525; red, 40s to
465; malting barley, 28s to 31s. In all the markets of
Suffolk there is a general report of dulness, but the quo-
tations have not been reduced.
READING, DEC. 30.—There was about the usual at-
tendance at market, with ala iacremerl supply of wheat, t

the demand for which was slow, and the turn was in
favour of the buyer. A great heaviness prevailed the
whole moruing, and au unusually large proportion left
unsold. There was a moderate supply of barley, but
scarcely any demand, particularly for inferior descrip-
tions, which were from Is to 2s per quarter cheaper. In
oats, beans, and peas, the trade was dull, at declining
prices. Wheat (old), per quarter, 38s to 60s ; ditto
new, 35s to 603; barley, 25s to 365; oats, 16s to 21s;
beans, 30; to 41s; peas, 30s to 42s.—Poultry market:
Fowls, per cuupla, 3s 6d to 41 6d; ducks, ditto, 3s 6d to
4s 6d; geefe, each, 5a to 5s 6d; butter, per pound, is Id
to Is 2d; Ez,v, 8 to 10 for ls.

ABERDEEN MARKET, DEC. 29.—There was a good at-
tendance at market to-day, the supplies much larger
than usual, sales brisk, and a good business done at our
quotations. Oats, 14s to 16s, 401bs per bushel; barley,
24s to 255, bear, 24s to 255, 521bs per bushel; wheat, 54s
to 635; oatmeal, 13s to 14s per boll ; flour, 43s to 52:
per sack.

ABERDEEN PROVISION MARKET, DEC. 29. —We
had a goo I supply of dairy and vegetable produce at
market to-day, the display of butcher meat was exten-
sive, the demand good, and lair clearances were effected.
Beet', 5d to 7d; mutton, 5d to 7d; veal, 6d to 7d per lb;
pork, 4s 6d to 5s per stone; lamb, Os to Os Od per qr;
tallow, 4s 6i to 5s per stone; potatoes, 9d to is per peek;
hitter. 7d to. 8d per lb; eggs, 8d to 10d per dozen;
hens, 3s to 33 6d; chickens, is 6d to 2s; ducks, 2s Od to
2s 6d; ducklings, 2s to 2s Gd per pair; turkeys, 4s Od te
5s Od; geese, 4s to 4s 6d vach. Butter for exportation
(press nt cure), 50s to 52; per cwt. Eggs, wholesale price,
7d per &amt. Bread, 4lb loaf, 8d; 21b loaf, 4d. Pork,
per stone of 141 b, 3s 6d; pork, fine small, 5a 6d; pork,
large, 3s 61 to 43 3d. Ship pork, per barrel of 204 lbs,
1003.

ABERDEEN .TEAL MARKET, DEC. 28 —The supply of
meal at mutket to••night was good. No alteration in
prices. Oatmeal, is 4d to is sd; bearmeal, 1s 5d to is
6d; peasmeal, is 10d to 2s Od; side, 6d to 7d; barley
flour, is 6d to is 7d; barley dust, 7d to 8d; flour„ 23
to 2s 3d; barley, per lb. lid to 2d.
STONESAVEN GRAIN MARKET, DEC. 28.--Oats, 401 b,
14s to 16s; barley and bear, 531 b, 24s to 26s per bushel.
Very little doing.

NfONTROSE, DEC. 29.—This has been the dullest mar-
ket we have had during th a season. Wheat, 621bs, from
403 to 465, according to quality; barley, 531b5., 24s to
253; oats, 401b5., 15s to 17s; beans and peas, 24s per
qudrter; potatoes, per five cwt. 15s to 16s.
DALKEITH, DEC. 28.—There was a large supply of
grain at this day's market. Sales dull fur all kinds of
grain. Wheat on the top same as last week, but the
average 3s Old per quarter down; Qats on the top same
as last week, but the current prices is 4d per quarter
down; barley on the top 6cl per quarter up, but the cur-
rent price is 61 per quarter down; peas and beans, is
6d to 2s per quarter down.

The relative weight per four bushels of the three prices
of whe it were 18st 111 b; 18st 61b; and 16st 81b. Oats,
12st 10ib; 12st 61b; and lOst 11b. Barley, 164 101 b;
1 sst 121 b; and 14st 71b. Peas and beans, 19st 01b;
18st 101 b, and 18st 01b.

Quarters. Best. I Current. Inferior.
221 Wheat ... 21 12s Od 21 8s Od 11 16s Od
1,357 Oats. ... 1/ is 4d 01 18s 8d 01 12s Od
916 Barley ... 11 12s 6d 1/ 8s Od 11 is Od
47 Peas, &e. 11 lOs 6d,1/ 8s Od 11 2s Od
Averages of wheat, 213 s 10d per qr.
BELFAST, DEO. 28.—We Come to the close of a
year, remarkable, in a mercantile point of view, for the
continued depression and monotony with which busi-
ness has been carried on; and it is now only at the close
of the year that a doubtul appearance of a reaction has
arisen; and whether it may be that we are to have a re-
vival or not depends on so many contingencies, few of
which are under our control, that it is quite impossible
to form any correct estimate for the future ; and all we
can say i<, that the feeling is pretty general that we
have past the worst, and that with the new year, and
the turn over of a new leaf in the volume of free trade,
we are likely to have a revival of trade generally, and
of the grain trade in particular—and this opinion is
formed from the estimate made of stocks and demand.
This being Christmas week, our supplies have been
smaller than usual; the quality and condition are, how-
ever, improved with the change of the weather. Wheat
sells slowly at about former prices. Flour is also a slow
sale, and prices are in favour of the buyer. Barley, good
malting qualities sell freely at an advance of 3d to 4d
per cwt, whilst grinding qualities are dull of sale, and
lower. Oats sell freely at an advance of 2d to 3d, and
oatmeal at a similar advance. India corn is a slow sale
at 7115 s to 8/ per ton.

CORK, DEc:29.—Flour—First quality, 16s to 16s 6d;
second ditto, 14s Od to 15s 3d; household, Ils to 13s;
third ditto, 9s to lOs per cwt. Oatmeal, 12s to 12s 6d per
cwt. Indian corn, 71 15s to 8112 s Od; Indian meal, 91 to
915 s per ton. Bran, 41 53 to 515 s per ton. Hay—
Farmers', 28s to 45s Od; average, 42s ; retailers , 42s to
50s per ton; old hay, 45s to 60s per ton. Straw—Far-
mers', 21s to 30s; average, 255; retailers', 00s to 30s
per ton. Whisky, at the Distillery, 25 over proof,
6i 3,1 per imperial gallon. Bread, bid to 8d per 41bs.
Fresh butter, 10d to lld per lb. Beef, 3d to 6d; mut-
ton, 3id to 5d ; veal, 3id to 4id; pork, sid to 7d ;
bacon, 6d to 9d; sausages, 5d per lb. Coals—New-
port, 17s; Lydney, 18s. Culm, 16s per ton. Potatoes,
white, 10d to 14d; Minions, 20d. Hides—Market ditto,
Ils to 17s; salted ditto, 12s to 17s per cwt; market skins,
2d to lid; calf ditto, 2d to 24d; veal skins, 3d to 3id
per lb. Tar—Archangel, 18s per bl. Timber—Quebec
red pine, 31 15s; yellow ditto, 3/; deal, 171 to 201 per
hundred ; Bangor Queens, 31 2s 6d per ton. Scotch
herrings,l9s to 20s per barrel; Norway ditto, 00s. New.
.undland dry cod fish, 11/ to 12/ 10s per ton.. Tallow
475. Woul, 10s to 12s per stone.

RAILWAY SHAEL AL-riftliETS.
BRISTOL, DEC. 30.
STOCK ExCIIANGE.—The market remains inactive; in-
deed, ,it is very unusual for much business to be done during
the Christmas week. The sales are—Great Western, Quar-
ters, 3% dis.—Ditto, Fifths, l% dis.
LIVERPOOL, DEC. 30.
STOCK Excitallon.— The market has been steady to-day,
and prices have an advancing tendency. The sales are_
Caledonian, I'reference, p.— Great Northern (A Shares),
Deferred, 47 x. int.—Lancashire and Yorkshire (late Man •
chester and Leeds), 22 dis.—Ditto, fifths, 3% di'.—Ditto
(late West Riding Union), 5 c. dis.—London and North-
Western, 125—Ditto, New Quarters, 13/4 p.—Ditto, Quarters
(C), 21. Ss. 9d. p.—Manchester, Stieffield, and Lincolnshire,
Eighths, 617.', dis. ex Int.—Ditto, 10/. Preference,flo%—alid-
land Stock, New Halves, 71. 16s. 3d. ex int.—North Stafford-
shire, 4% dis.—North- Western, ii z 4 dis.—Shropshire Union,
27/R dis. eK int.—South-Eastern and Dover, No. 2, 11 dis.—
Ditto, No. 4, Eighths, 71. 6s. 3d. dis,—York, Newcastle,
and Berwick (Original Newcastle and Berwicks),
Ditto (G. N. E. Purchase), 3s. 9d. dis. ex int.
BIRMINGHAM, DEC. 30.
STocx EXCHANGE.— A small amount of business was
transacted to-day, but prices remained firm, with a tendency
upwards. The sales are—Birmingham, Welverhampton,
and Stour Valley, 101—North Staffordshire, 414) dis.—
Shrewsbury and Birmingham (B), 31. 16s. 3d.
YORK, Dzc. 29.
STOCK EXCHANGE.—The business transacted to-day was
as follows :—Caledonian, 2241—North British, Thirds, 414--
York, Newcastle, and Berwick (G. N. E. Purchase), 7%.
NE WCASTL E-UPON-TYNE, DEC. 30.
STOCK EXCHANGIC.—The only sale was—North British,
Thirds, 41/2. _ _ _

GLASGOW, Dec. 29.
STOCK EXCHANGE.—The sales are—Dundee and Ar-
broath, New, No. 8, 525. 6d.—Edinburgh and Northern
(Newport), Ph—Glasgow, Dumfries, and Carlisle, 5-,
Glasgow, Kilmarnock, and Ayr, 49—Ditto, Halves, No. I,
5/. 7a.—Glasgow and Greenock, Prefereace, 61. 193.—York,
Newcastle, and Berwick (G. N. E. Purchase), 7%.

TRIIRO.—DESTRUCTIVB STORM AND FLOOD:—
On Wednesday evening last, this town was visited by
one of the most destructive floods ever known here; and,
probably, in the serious amount of damage to property
effected in a short time, it has rarely been exceeded.
There had been eery heavy rain all through the evening,
in the town and neighbourhood; and the consequence
was that the rivers Kenwyn and Allen became heavily
swollen. But no very serious damage seems to have
occurred until between 10 and 11 o'clock, when the
•water in the lower streets, which had been a little more
than ancle-deep, suddenly rose to 4or 5 feet high. The
most serious injury to property took place in that busy
commercial part of the town, comprising St. Nicholas-
street, and part of Kenwyn-street. The water at this
part extended ft ora the eastern end of St. Nicholek-street
to the William IV. Inn in henwyn•street, and at the
low ground by the Queen's Head Inn, was nearly 6 feet
deep. The tradesmen in various lines of business in this
neighbourhood, have suffered severe loss in the de st -uc-
tion and damage of their stocks.—Ccrnwo'l Royal
Gazette.

BRISTOL SUGAR MARKET, DEC. 29.--This has
been a blank week in our sugar market, the offices being
closed for the Christmas holidays.—Bristol Mercury.