The Sun.
London, England, 1847-09-25 00:00:00

THE COAL TRADE.

We have been favoured with a copy of the follow-
ing letter, which has been addressed to the chair-
man of coal-owners, who had a meeting last week at
Newcastle-upon-Tyre to raise the price of coals 21•
per cent:y►

" Wynyard-park, Sept. 17. •
" Sir,—As chairman of the meeting of coal-owners, •
held yesterday, for the purpose of taking into con-
sideration the expediency of raising our prices oil
best coals, I feel myself bound to address you, in
order to do justice to my own deliberate opinions, to
state the:instructions I gave my agent, Mr. Hind-
haugh, and to declare the course. I mean to pursue'
I conceive this absolutely necessary, that there should
be no mistake hereafter as to my conduct.
" I understand from Mr. Hindhaugh that he read
my letter ; I think that speaks decidedly for itself,
and I beg the meeting to do me the justice to believe
that when I form decisions on so important a subject,
both public, and greatly private, I do not at the will
of others abandon them. The meeting, I hear, re- ,
marked on my course, that I should most probably
concede my objections, and that at all events indi-
vidual dissent could not hinder a measure that the
rest of the trade thought advisable.
"I regret much that to neither of those objections.
am I dispose to yield; I have strictly declared myself
hostile to all regulation or combination and I hold no •
meeting can prescribe -or dictate my sphere of action.
The innumerable instances of breach of faith in all
agreements during my experience of the coal trade
make it clear to me that every concern should act for
itself, and there should be no compulsion, as I fear
there can be no faithfully observed organization. ,
"I shall therefore pursue the course best calculated
for my own large concerns and increased and increase
in establishment ; I shall consider the cost And thet
state of the market, having likewise a due regard no
to increase the prices of the best article too high upon
the public, not only wrong in principle, but prejdcli"
as encouraging inland and an inferior quality ow'
petition.
" The state of the markets at present is remmleret.en
ing, and ought not to be slightly endangered; nor en.
I allow myself in these times to be a party to the u
of
popular cry and consequences which a further ri9%.
price will surely create. I do not intend mY rain
terns should obey the order of the meeting, And id be
perfectly ready that my reasons and letters sbouh
made public.
66 I have the honour to be, Sir,
" Your very obedient servant,
Elt By.
"VANE LONDOND
" H. Taylor, Esq., Chairman of Committee
of Coal-owners."

RAILWAY INTELLIGENCL*N-
AIRDRIE AND BATHGATE JUNC-L."-- •
The adjourned half-yearly meeting of this nit
pany was held on Wednesday, at Glasgow, Air' 1"
be
Ewing in the chair, for the purpose of receiving ten,
•
ten'
report of the scrutineers on the votes previously
dered for the election of directors. The scrutine.eLr eta
dered
having differed in opinion with regard to taking,w,
nature of the deeds of transfer into account, eJ
agreed to make separate reports, from which it 5
peared that Mr. Blackburn claimed to vote on 7,10
shares held by him and others in trust, -representing
re,
votes, and on proxies amounting to 1,900 shares,.
presenting 1,798 votes, which were given bY if
Blackburn for the amendment. It was stated thatie
the scrutineers were not entitled to look beyond
register of shareholders, there were in favour of tn!
Chairman's motion to re-elect the three retiri nga
directors 1,223 shares, or 279 votes' e*-
lalipet
for Mr. Blackburn's amendment, to
a 05
three new directors in their room,
shares, representing 2,573 votes; the maj orik.t
I for the amendment therefore consisted of 7.99911
shares, representing representing 2,294 votes.
will be recollected that the objection to Mr. Bine%
burn's interference in the election of directors Wad
founded on his bein a director of the Edinburgh an
Glasgow Company, and using what was stated oha
g t
undue influence at the meeting in favour of the nnui:
pany he represented, in order to obtain re-'
pany he represented, in order to obtain a preP°
derating influence at the board of this company' that
Mr. J. EwING moved a resolution to the ale:s;6f
the chairman's motion was carried by a large iv
in consequence of the proposed new directors, Mess/la•
Blackburn, Dunlop, and Adam, holding no Oar° /-
19
the company in their individual capacity, but m, ht;
as trustees for others, and not in their own rig"
they were, therefore, not eligible as directors ; 61:
they held their shares as directors of the. Edinburg
and Glasgow Company, and were interested in P,o;
important contract with this company for the leas;io
purchase of the line, which rendered them inelig,los
as directors ; and that the votes given by 'thereto'
..e
and the parties who voted for the amendment we.'es
null and of no effect, having been tendered by P
who had no personal interest in the company.
This resolution was seconded, but having been °b.
jected to by Mr. Blackburn, it was withdraven. A.
•
The CHAIRMAN then declared that Messrs.
Buchanan, J. Reid, and A. Preston vvere duly re-
elected directors by the largest number of legal vote
Mr. BLACKBURN contended that the amendment
had been carried by a majority of votes. lie pro
tested against the decision of the chairman, declare-
ing that he would hold him liable for the consequence_ g
After some further observations a rote ofthatn:c..
was passed to the Chairman, and the meeting separa a
LANCASTER AND PRESTON JUNCTI°I4.
A special meeting of this company declaring
Thursday, at Lancaster, for the purpose of
a dividend; Mr. J. Bushell in the chair. Tb Teotijrs
able balance amounted to 8,2911., and
.the di°
recommended a dividend for the half-year of 15. Per
share on the original shares, 103. on the three-guar e
After soro
shares, and 43. on the quarter shares. alter
discussion was held en ,
and the moving of an amendment to ia
the arrangement of the dividends, the recommendat—
of the directors was adopted. •

RAILWAY SHARE MARKETS
LI VERPOOL, SEPTEHEEK 24.
STOCK EXCHANGE.-.The sales are-Birkenhead, Lati,„CCE.
shire, and Cheshire, 31/. Shares, VA dis.-Ditto (18,ruti..
and B.), 5 per cent. on 551. till 1849; 361,4-Eastern LAYIO34
ties, 17i8-Great Western, Fifths, 241A-Lalleashire .ects
Yorkshire (late M. and L.), Fifths IN p. ex div.-Le 3i
and Thirsk, 14% dis.-London and North-Western, lbrn
-Ditto, Quarters (A), 414 p.-Manchester,
Lincolnshire, Quarters, No. 1 (guar. 7% per cent. ti1.1.41;d
1 p.-Manchester and • Southampton; dis. fa-1
ferenCe
Stock, 115-Ditto, 40/. Shares, 4814--,Ditto,
Dguar. 8 per cent.),.2 p.-South-Eastern and Dove r;
itto, No. 4 (issued as Thirds, at 6 2-3 d dig.), 1 4IL
York, Newcastle, and Berwick (N. and B.), Nov, 27e
MANCHESTER, SEPTEMBEK 24. .r.socr
STOCK EXCHANGE.-The sales are-Birkenhese,,,
shire, and Cheshire Junction, 5 dis.-Chester and I:i° eft
12 dis.-Fleetwood, Preston, and West Riding Jerl,e‘aier
dls.-London and North-Western (Manchester and
ham), Quarters (B), 414 p. -Ditto, ditto (C), P' 74
chester, Sheffield, and Lincolnshire, Preference (g)
per cent.), 1-16 p.-Manchester and Southampton'," over,
•-North Staffordshire, 11,4 p.-South-Eastern s.;',"tosiont
No. 4,1% c. dis.-York, Newcastle, and Berwick, •E'l
No. 2,2% p.-Eastern Counties, 17.
LEEDS, SEPTIC:KIM; 24. Coelitieel
STOCK EXCHANGE.-The sales are-Eastern
31i4 dis•
York Extension, 30s. dis.-East Lancashire, Niw Gdig.%
-Ditto, Quarters, 16s. dis.-Great Northern_, • se!'
Huddersfield and Manchester, 225. 6d. dis.-Lttecas"tjoion/'
335. 6d. dis.-Leeds and Dewsbury, rt'creg
Yorkshire, Fifths, 1/. 11s. 3d. p.--Ditto (West - 1 lr oda s__
335. • difv"
Thirsk, New', 11 dis.-Leicester and Bedford, 1"lo,"" or
Manchester,
_Sheffield, and Lincolnshire, PreferenCe9
shire, 335. 6d. p.-North-Western 72s dis.
and Dover, No. 4, __south' /0,
allotment-North British, Thirds, 7s. Boater"
2/ .11s. 3d. p.
3s. 6d.
HULL, Stirrran3int 24.
.00,1
STOCK EXCHANGE.-Market firm. The h, 02$11"
castle and Berwick, New, 2/. 103. p.-North -"-psrefereace,
d.sps......P'EuNuoartnhd-3SWlesel.bsytdern:s;u7a2lrs;er'rdksi,B2.a-I.l:4lLiai.arle;:l2:.
sort
.IsIEWCASTLE-UPONITYNE' Ge'-- 111 h
STOCK EXCHANGL-The sales
13 dis.-Newcastle and Carlisle, are .
New
5--
British, Quarters, 1-3 p.-North Staffordshire, AP.
Newcastle, and Berwick, New, No. 2,2/. carsi.l3;l 4
GLASGOW, SErzFzinakt 23. , 40, 30&_.,
STOCK EXCHANGE.-The sales are-Caleeton.
re" 6s.
Ditto, New, 14s. 3d.-Dundee and Perth,
Edinburgh and Glasgow, 54/.-Glas ow, Kiimarnocl4%. 1,
40/ Shares, 41% ex div. ex newAitto, Halves,
.....013sir
ex int.- Glasgow, Kilmarnock, and Ardrossan, 705. „thatoP:
Harbour Grand Junction, 3s. 6d.-Manchester and Sotilidual
ton, 13s. 9d.-North British :Thirds, 255..--Sc°ltishNo. 4, 44
Junction, 1714-South-Eastern and Dover, N'elf9,.galtte
145.-York, Newcastle, and Berwick (Great North 0' `-"" •
Purchase), 10% QUatte
andmr,

~/..v fOreic:
DESECRATION OF THE DEAD.—On SUriu•-•1 pi P 7
noon the assistant sexton, in digging A gra°coin o'
Benedict's churchyard, Lincoln, came upon the
,earsO sgo•
a person named Ryall, who died not men,' l,s in I/
which he broke, throwing out the human realelt Ws
manner which presented a horrifying scene' J 01
witnessed by many persons in the neighbourbee ',,er
though he was remonstrated with, yet the tetnt'tss ,
will have the effect of strengthening,
resetneed. We (says the Lincoln Standard) trust tnnis ore
mg for procuring the
e—teri;
ment that is making
the burial of the dead in crowded heaps within ea '
—44
walls is a crying evil a general .-- „pis

_.......__.--.•--
.iii 0(
BIRTH& GOrb,-'
On the 22d inst., at Tonbridge, Dirs. William
• id o
a daughter. .- Wit
On the 22d inst., at Norton House, Chichester, the
Captain Dixon, R.N., of a daughter.
On the 22d inst., Mrs. W. N. Waugh, of a.datlgiltrefiellir
On the 23d inst., in Nottingham-place, the wife °`
wife
of
min Edward Ken, Esq. of a son
On the 23d in stned., aty Upper, Tulse-hill, Brixton, thein
J. C. Wakefield, Esq., of a son

MARRIED.
FrOarn,mtsh,eyoluGnthgesitnstd,augliter SydneyStopfoml, F44,-100'
hill, Manchester. Edward Long, of ur

DIED.
On the 15th inst., at Geneva, Samuel Barrett, Es+ the
On the 17th inst., in Little Britain, —Mary,
late Mr. William Stodhart, aged 26. tsw
On the 19th inst., at Kingston-crescent, near Por
George Wailer, Esq., aged 85
E'l v=

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119.
No* et
London : Prind Pblished hy IMIRDO Y 0137110. 0-
the
Printteerd , a atn 77teu Jun Office. No. 1112. Strand, in the .an.9d ,
"the Sivroh in the Ccnuity of Middleiees astardsy, SePter47.
Iso, •.•

S'elf •
Forth
Cork.

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