The Sun.
London, England, 1847-08-25 00:00:00

Bury Companies, the terms of which were stated to the
proprietors
at the last half-yearly meeting, has been
prepared. Lie directors had hoped before this to have
caPed `e p o;,?iwors r, for tho purpose' or
ob-
taining their formal sanction to the arrtlogeuient, but
they Inzve felt .that it would have been premature to
have done so • until •tle other companies were in a
position to-adopt ts similar proceeding.
" The delay has arisen from the desire of the other
two companies not to call this meeting until their own
amalgamation was. perfected,' which cannot be accom-
plished until the month. of October next ; immediately
after which it is intended that the meetings shnuid be
simultaneonsly held. In the meantime the nirectors Eire
happy to state that the best feeling exists between the
boards of .the three companies, who are equally im-
pressed with the important benefits to be derived from
this union. •
" This meeting has been made special for the purpose
of obtaining the assent of the shareholders to the
creation of the necessary capital for the Reedham and
Diss, and Yarmouth extension lines, and also for autho-
rising the directors to offer terms for raising the new
capital for completion of the Lowestoft harbour and
works, for which an Act has been obtained in the last
session of Parliament..

" With reference to the latter undertaking, the pro-
prietors are aware that from the time of its completion
this company are under engagement to pay interest at
the rate of 41 per cent. per annum upon the present sub-
scribed capital of 120,0001., together with one moiety of
any surplus profits after payment of such interest and
the expense of maintaining the harbour and railway.
" This capital has been found insufficient to complete
the works and erect sufficient warehouse accommodation
for the trade of the port. The Lowestoft Company
have therefore applied, with the sanction of this com-
pany, for powers to raise a further capital of 120,0001.,
which has been been granted ; and it is proposed by
your directors to authorise that company to raise this
sum by a guaranteed interest of 61 per cent. exclusive of
profits, upon condition that the proprietors of the
original share capital agree to give up their right to
half profits, which they at present possess.
" The directors continue to have the greatest confi-
dence in the result of this great work ; it has hitherto
progressed most favourably ; and the railway, which
has only bees opened for two months, shows a very fair
amount of traffic.

" The advantages to be derived by the Norfolk Com-
pany from the possession of this property for the im-
portation of the coal and the manufacture of their coke
at the lowest possible rate of cost, and offering another
port of export for the agricultural produce of the
northern part of the county of Suffolk, in conjunction
with the proposed Waveney Valley Line and Hales-
worth Branch, are strong reasons for justifying your
directors in recommending their proprietors to perfect
the undertaking, and secure the entire possession of all
its ad v antages.'
- - -

The CHAIRMAN, in moving the adoption of the
report, congratulated the shareholders on the pros-
perous progress of their line. There was a marked
increase in their traffic. Contrasting the receipts of
the last year with the present, there was an increase
of 4,6001. In the agreement that had been entered
into with the Eastern Union Company the interests
of the proprietors had been consulted to their fullest
extent.

Mr. ANDERSON seconded the adoption of the
report.
After some considerable discussion, the report was
agreed to, as were also resolutions for the carrying
out of its different provisions.
A vote of thanks was then unanimously carried to
the chairman and directors, and the meeting sepa-
rated.

MARKET INTELLIGENCE.
(From the London New Price Current of Aug. 24.)
SUGAR..—To-day an increased desire was manifested
by ail parties to operate in Raw Sugar, and for all sorts
merchants succeeded in obtaining improved prices: the
market has decidedly an improving appearance, and the
quantity on offer is less than it was. West India of all
kinds was in good request, both by grocers and refiners,
the rates paid were 6d per cwt above those of Friday,
and the private purchases amounted to 400 hhds and
trcs ; at public sale 153 hhds 1 tree of Barbadoes Sugar
went off at a rise in the value of 6d per cwt, and the
whole sold.

REFINED.—To-day refined goods were largely dealt
in by the home trade, brown grocery lumps at 54s 6d,
and standard lumps at 55s 6d. Bonded crushed Sugar
is little required, and can .be obtained at 31s 6d to 32s
per cwt for fine quality.
MAURITIUS.—This afternoon Mauritius Sugar was in
excellent request, and 4,815 bags at auction sold at an
advance on the rates of Friday of is.
EAST Immt.—This afternoon the quantity of Madras
offered at public sale amounted to 6,010 bags, when the
whole sold 6tl"to is per cwt advance.
MOLASSES.—There are sellers of West India upon
reduced terms, still the amount of business dose has

been small, and amount to only 100 puns of St. Vin-
cent's, at 14s 6d to 17s per cwt. The market is well
supplied with all sorts. Bengal Treacle is dull of sale,
and prices nominaL To-day, at public sale, 196 puns
and 706 hhds of Cossipore Treacle were taken in at 295.
FOREIGN.—To-day there was no public sale of Foreign
Sugar. Privately a good desire was shown to operate
on the part of exporters and the home trade, but business
of moment was prevented by holders asking rather
higher rates: the accounts from the continent are of a
more favourable nature for Sugar.
COFFEE.—This afternoon Plantation Ceylon met with
little attention, and 1,908 bags 14 casks at auction
were only in part sold upon rather lower terms. 77
casks of Jamaica only in part found buyers at easier
rates, middling 655, low middling 60s, fine fine ordinary
56s to 56s 6d, fine ordinary 48s, low good ordinary 40s,
triage 33s to 38s ; for Mocha the market is quiet, and
107 bales at public 'sale were taken in at 60s for mid-
dling ; a public sale of 2,212 bags of Costa Rica went at
5s advance for low middling and middling sorts, and at
very full rates for other kinds.
COCOA.—West India is held with firmness, and the
market has again been sparingly supplied, but little
desire has been shown to operate.
TEA.—Since last Tuesday there has been little dispo-
sition evinced to purchase the better sorts of green ;
whereas merchants have been more inclined to realise,
and supplying the market more freely, produced a de-
cline in the value of 2d to 4d per lb for Hyson and Gun-
powders of good and fine quality ; whilst Imperial is
offered rather under previous prices. The amount of bu-
siness transacted by private treaty has been upon a small
scale. only. The low and middling kinds, however, met.
with rather more attention, but holders have been
compelled to accept previous low rates; for Canton made
Gunpowder, however, they succeeded in obtaining an
advance of Id to 2d per lb. Holders of black evince
firmness, and insist upon full quotations ; whilst they
offer but a moderate quantity for sale. The home trade,
however, purchase all descriptions with caution by
private treaty; still good common Congou for cash can-
not be obtained under 9d, and fair clean Pouehong
per lb. At public sale the quantity offered amounted to
12,400 pkgs, out of which 6,200 were disposed of. For
auction:4,ooo pkgs are declared.
RIcE.—To-day there was little demand privately for
East India Rice, and at auction 1,564 bags Bengal were
taken in at 18s 6d for fine white, 16s for good middling,
damaged 16s 6d to 17s 6d, but a few lots sold
at 9s to 12s.
SAGO.—This afternoon at public sale 1,050 chests of
Pearl Sago were only in part sold at barely former rates;
good large white pearl went at 235.t0 23s 6d, middling
small 18s to 18s 6d.
SPICES.—To-day Nutmegs met with less attention,
and prices declined ld to 2d per lb; 7 cs 3 bgs at public
sales selling at 3s to 3s 2d for good mid brown, and mid
2s 8d to 2s 9d. Of Mace, 6cs went at 3s Id to 3s 3d for
for mid and good mid, which are barely former rates.
16 casks Amboyna Cloves were taken in at is 6d for
good bold, and is 4d for rather old dark. 39 casks
Jamaica Ginger only partly sold. 67 bags Pimento
were taken in at 5d for mid quality.
SPIRITS.—Since Tuesday last the business concluded
in Leeward Island Rum has been trifling. Although there
are sellers at 2s 4d to 2s 5d proof strength, the market is
well supplied. For East India there are few buyers to
be met with. To-day there was little desire evinced to
operate in any kind of Rum, and there were sellers of
East India proof at 2s to 2s 2d; Leeward Island 2s 4d,
and Jamaica of low to fine quality 28 to 38 per cent
over proof at 3s 6d to 5s per gallon.
SALTPETRE.—Rough met with more attention, and
1,375 bags of Calcutta at auction were at full rates to
6d advance—good middling grey, 12 per cent retraction
295, good strong white, 31, 30s 6d to 31s, not refracted
29s 6d to 30s, and washed 255. English Refined is
wanted at 33s 6d to 345. Nitrate of Soda has been sold
to a fair extent at 13s.
TURPENTINE.—Spirits are wanted, and the parcels
drawn, and at 41s to
sold were at 40s to 41s for English
42s per cwt for American,indce thhere
baer:eondotisgpeonseerdalol);
sellers upon those terms. Rough as
to a fair extent at 8s 9d to 9s.
eueensttaskinecne.
Oms.—Palm has rather oinolwyeirnrlaitmesithe
adverebq
our last report, and
on_
i
art sold. Cocoa Nut
At public sale 77 casks only
and brought stiff rates.
met with a brisker demand,
Linseed Oil on the sextonas een in good request by the
whilst expterbshave been purchasers to a
home trade,
fair extent. For forward delivery sales to a fair extent
have been made. The market will be better sup
plied with Oil shortly, and prices are still much above
those of last year. Rapeseed Oil is not much required,
and prices are on the decline. The market has a quiet
appearance for Olive, and holders are not so firm. Al-
though the market has been well supplied with Sperm
Oil, still little variation took place in the value, there
having been a good demand, and at auction 197 tuns
were sold at 831. to 861., and Iles.dmatter at 841. to 871.
Pale Seal is wanted. Other kinds met with a fair de-
mand.
TaLLow.—Although Russian on the spot can be ob-
tained upon further reduced terms, the contracts entered
into by Soap-makers and chandlers have been upon a
small scale only. There are ready sellers of fine new
Petersburgh Yellow Candle at 46s 9d to 47s per cwt.
For delivery in the last three months of the year there
are few buyers to be met with, yet there are sellers at
465. Home made has been bought with caution, and 48s
to 48s 6d are accepted nett cash. There is a fair supply.
For other kinds of Tallow the market has been in a dull
state, and prices have fallen Is per cwt : at auction 217
casks of Odessa were only partly sold.

BONDING PRIVILEGES.—Messrs. Keeling and Hunt,
the eminent fruit and provision brokers, have applied to
the revenue authorities, and obtained their permission
for almonds in the shell to be added to the list of fruits
allowed to be bonded in their warehouses, at Pudding.
lane and Botolph lane, Lower Thames street.
The amount of property destroyed by the burning
down of the British hotel, at Bombay, on the night of
the 19th of June, is estimated at 30,000 L