The Sun.
London, England, 1847-09-01 00:00:00

IN S, SEPT EMTER 1, .1847 k

:VIEW OF THE BRITISH CORN
TRADE.
_ _

t is with sincere regret we have to announce
.ral further failures. In the early part
k the intelligence was received in London that
isrs. Dickson and Co., of Belfast, had suspended
merit ; the liabilities of this firm
are to a heavy
•
.unt, and a portion of the losses falls on Lon-
houses. On Wednesday Messrs. Lyons and
ny, of Liverpool, stopped ; and on Friday the
of Mr. John Woodly, of this city. These
tinued disasters have added to the depression
viously existing in the trade; and confidence
: so completely shaken, that it will require time
bei 'ore it can be re. established. The losses sustained
on the imports of Indian corn have been frightful;
anc 1 when we consider that the price of wheat is now
full 'y 50s. per quarter lower than it was at the time
‘n many of the cargoes now arriving were Four-
che: red, no surprise can be felt at the difficulties in
whi ch so many respectable houses had been involved.
Urn ler these circumstances no immediate improve-
mei) t in the tone of business can be expected, as all
part ies are likely to conduct their operations with ex-
trey le caution. The weather has throughout the week
be r highly favourable for the harvest operations, and
vl ist. quantity of corn has been carried; we learn,
lace sever, that the rain which fell about the middle of
t ,ta .! month did more or less injury, the grain hawing
its some instances sprouted in the ear. In regard to
the yield to the acre the reports are generally of a
satisfactory character; and it is now the prevailing
'opinion that the produce of wheat will be fully equal
ta) that of average seasons, whilst barley and oats are
&scribed as very abundant crops. The accounts in
respect to the late planted potatoes have, on the other
hand, become less favourable, more particularly those
received within the last few days from Scotland and
Ireland ; but, owing to the belief that there will b.- an
abundan.:e of grain, the partial failure of potatoes h
looked upon with less alarm than formerly, and
prices of all articles have continued to decline at al!
the leading provincial markets held during the week.
The Liverpool market was, however, numerously
attended by buyers from dis.ant parts of the country
on Tuesday, hut the inquiry was directed more to
flour than to wheat, and whilst the latter article la-
ceded 3.1. per 701b5., the former rose 6d. to Is. pe:
brl. Late in the week the advance on flour court
not be maintained ; still a large amount of busines,
was done on Friday, the best brands of Western
Canal bringing 265. 6d., and secondary sorts
245. to 265. per barrel ()Wing to the unfavour
able reports from Ireland relative to potatoes.
Iranian corn excited a good deal of attention at
Liverpool on Friday, but it was necessary to accept
low terms to effect sales. Farmers being still busily
• occupied in the fields, little time has been afforded
to thrash or bring new corn to market, and the sup-
plies t the leading towns in the agricultural dis-
tricts have been quite moderate ; the quantity
brought forward has, nevertheless, proved more that)
equal to the demand, and prices have undergone a
further depression as well at the different shipping
ports on the east coast as at the principal markets in
the interior. The quality of the new wheat is stated
to be inferior to the growth of last year, but judging
by the weight per bushel, which is allowed to average
from 601bs. to 641b5., we are inclined to
think that there is not much reason for complaint.
Our letters from Scotland and Ireland inform us
that the weather had been sully as favourable in those
countries as with us; and, with the exception of po-
tatoes (which, as already intimated, were believed to
have been extensively attacked by the disease of last
year), the crops promised uncommonly well. A
small parcel or two of new Irish Wheat have already
arrived at Liverpool, of fine quality and in good con-
dition. Though the arrivals of Wheat coastwise into
London have not been by any means large, only
' 3,148 quarters having been received up to this
(Sa-
turday) evening, the supply has proved amply suffi-
cient to satisfy the demand, and business at Mark-
lane has remained in a very dull state..---illark-lane
_Express.

I
sev(

MARKET INTELLIGENCE.

(From the London New Price Current of Aug. 31.)
SUGAR.—To-day no further advance took place in the
value of Raw Sugar, still there was no material de-
crease in the home or export demand, as buyers were
desirous to operate, and merchants evinced firmness.
West India Muscovado was in good request, and for all
purposes; whilst the rates obtained were equal to those
of Friday, and the private sales reached 350 hhds and
tres. A public sale of 151 hhds and 52 tres Barbadoes
went off at full quotations, viz., fine 3 ellow at 45s to 465,
good 43s to 44s 6d, middling 41s to 42s 6d, low 39s to
40s 6d per cwt, and the whole sold.
REFINED.—To-day Refined goods were in excellent
request by the home trade, and prices were firm, at 56s
for standard, and 55s fur brown grocery Lumps. Bonded '
Crushed Sugar dull of sale; first sort at 31s 6tl to 325.
EAST INDIA.—Phis afternoon the quantity of Madras
sugar offered at public sale amounted to 5,660 bags; the
strong sorts sold at t e full value, but sot kinds were
chiefly taken in at stiffer rates. Of B.ngal the four
parcels offered at public sale amounted to 5.434 bags;
the white and soft yellow kinds were chiefly taken it:
above the value.
MoLAssEs.—Holders submitting to further reduced
rates for West India, caused 600 puns to be sold at 143
to 19s for low to fine.
MAURITIUS.—This afternoon the demand was active
for all sorts : and two parcels offered at public sale,
amounting to 7,410 bags wore nearly all sold at the full
currency of Friday.
FOREIGN.—The demand continues on the increase for
all descriptions of Foreign Sugar, and for every pur-
pose, whilst merchants have manifested more firmness,
and supplied the market less freely. The demand has
been good by private treaty from exporters, and the
purchases made by them have been at prices showing an
advance, on those previously current, of 6-I per eel.
TEA.—The market has been in a tranquil state since
our last report, and the small amount of business trans-
acted privately was at rather lower rates for green,
but black is generally held for the former currency. The
value of common souudCongou for cash is 9d, good ord
Twankav, low yellowish leaf 7d to Bd, and Hyson com-
mon Is 2d to 4d per lb. Of the 5,500 pkgs offered at
public sale, only 1,200 were sold. There has been no
arrival since this day week; whilst during that time duty
was paid on the large quantity of 513,946 pounds.
COFFEE.—This afternoon the demand tor Mocha Coffee
was limited, and 270 bales, 12 half-bales, at auction were
only in part sold at former rates—mid yellowish clean
garbled 61s, ordinary 50, 61, and triage 25s 6d, but low
mid yellow was taken in at 58s. Native Ceylon is
little required, and 1.222 bags only in part sold at easier
rates—real good ordinary at 375, good ordinary 36s 6d,
and damaged 31s 6d to 355. Of Plantation the quantity
offered at public sale amounted to 915 bags and 6 casks,
when the whole sold, but at rather lower rates.
RICE.—To-day there was little demand for East India
Rice, and privately only small parcels were sold. At.
public sale 1,452 pockets Bengal were off, red; tie sound
was taken in at the full value—low white, dusty, and
rather broken at 15s to 15s 6d, but the damaged sold at
9s to 14s. Of 1,350 bags Madras, the sound was mostly
bought in at the full worth.
SPICES. To-day at public sale two cases of Mace
sold at 2s lld to 3a for middling dull red : 5 cases
Nutmegs ordinary brown 2s Bd, middling 2s 9d to
2s 10d. and good middling 3s 3d per lb.
SPIRITS.—There has been a good business transacted
in all descriptions of Jauiaica Rum since Tuesday last,
in consequence of holders submitting to a reduction on
former rates of id per gallon. The sales have amounted
to 400 puns. Of Havannah there are several par-
cels on offer at Is 8d to is 9d proof strength,
but few buyers are to be met with. East
India is heavy of disposal and can be obtained at the
moderate rates of 2s to 3s Id proof, with certificate. To-
day 200 puns Jamaica Rum were sold at rather lower
rates, viz. :-33 to 38 per cent overproof at 3s 8d to 3s
10d for middling and good quality. Leeward Island is
dull of sale at 2s 3d to 2s 4d, and Calcutta at Is lid to
28 per gallon proof strength.
INDlGO.—Although East India can be obtained rather
under the quotations of the last qua•terly sale, still all
kinds have been operated in with caution by the home
trade, whilst the shipping orders are trifling. Spanish
is little required, and there are sellers of Cortes at
Is lOd to 2s 9d, Sobres 2s 9d to 38 sd, and of Flores at
3s 6d to 4a 4d per lb.
LAC DYE.—The deliveries are going on satisfac-
torily, and nearly as large as they wre in the past
season by nearly one-half, and the whole of the stock
is smaller by 2,317 chests. Bice.; are, however, above
those of late years, and the quantity expected to arrive
is small. Holders have conEenee, and stebtnitted none
to euhlic auction; but privately the purchases male
have been of little moment.
Commrsae.—To-day only a lircited demand exist, d.
and 67 bags Mexican at auction were only in past soli
at rather lower rates; middling black we et at 5,, qa. ,o
5s 3d, and low to middling silvers 4, 9.1 to 4s l Id per lb.
Vs'ooa.—The public sales have terminated, and
throughout w, re well attended by the trade. Although
the quantity of Colonial offered was immense, still the
demand was active, and nearly the whole was actually
sold, whilst the rates obtained were equal to those of the
last auctions. There was ade sire generally on the part
of the trade to get supplied, as prices ruled moderate,
compared with late years; whilst there is a large con-
sumption going on. Other sorts met with a good de-
mand, and brought fair market rates.
OILS.—The market for common Fish Oila hastpre-
sented a firm appearance since our last rFport, d
has been a falling off in the supply, whilst theanarr.ivals
have been of little moment. Pale Seal met with
Ina
btisk demand, anti brought stiffer rateis.
at
Cod several transactions have taken place
271 5s to 271 10s, and at which holders are firm.
South-
ern of all kinds is wanted, and the parcels disposed of in
the private market were at full rates. At public
sale 43 tuns went at 241 10i to 261 5s for middling
to fine. The market continued to be well_ decline,
with Sperm, and prices are on the d
purchases to a lair extent have been made privately.
At public sate 112 tuns of Colonial were nearly all sold.
Rapeseed Oil lei little required. Linseed met with a
good home demand, whilst exporters have been pur-
chasers to a fair extent; there is, however no further im-
provement to notice in the value, as the supply is larger.
In Olive business has been checked by holders itasistaeg
upon higher price:, and only seal! purchases have
been male. For Palm the market is in a quiet state,
and prices are on the decline, although there is not a
large stock, for fine quality 34s to 35s per cwt having
been gyjoepzed. Eor Cocoa Nut prices rale high on 0,0.

count of tie small snpply, lit pi/I-chasers operate with
'action, still they aft, compelled to pay 55s to 56s far
nine Cochin, and 54s to 55s 101 fine Ceylon. in Lard
ill little has been done, but fine is, held for 48s to 495.
African ground Nut Oil is dull of tale.
TALLow —The arnt mit of business transacted bere its
Russian on the spot has been upon a small scale only,
.or all purposes, although further reduced rates have
been taken, and 46s 6d to 47s per cwt is the present va-
lue of fine P.Y.C., at which there are ready :tellers. For
delivery in the:last three months of the year few con-
tracts have been concluded, although there are sellers at
45s 6d to 465; Home-made is little required, and can be
bought at 473 6rl nett cash. For other sorts the market
is still quiet, and prices are on the decline.

yela-yearly
AY.
TThellorEdinaTryAhalf-
was held yesterday, at the LondognorTdiaverisnoamtpaonnye
no'fcLoceku,nfdoerrttlaikeintgra;rEisamcatinonnelocf
ntoheer,
rEss'qn.agn business
and
dt
somea s m adl n
n ity numberly
was
af
experiencedshare hPol w
in ere present,
s etnnte,
issaertyn
nto t cnoonnsvtei tnui tneg a t
hee entl mi.nnegt
nulmlbineradnvencrets
ng basks
been read, and the seal of the company affixed to the
register of proprietors,
The SECRETARY proceeded to read the rep or-,
which stated that the directors had the satisfaction
state that the Bill for the branches to Bideford anti
Southmolton, and for enlarging the docks at Fre-
mington, had passed the Houses of Parliament, and le' -
ceived the royal assent on the 22d of July last. The
works reported to be under contract at the last
general meeting were proceeding satisfactorily.
The permanent way is laid down for pearl,
the whole of the railway from the docks to
Barnstaple, but the directors have not con-
sidered it advisable, under the recent circumstances of
the country, to proceed very rapidly in constructing
the railway. The surveys are completed for letting
the entire works on the remainder of the line from
Barnstaple to Crediton, and the surveys are nearly
complete for the Bideford branch, which it is the
intenti:m of the directors immediately to proceed
with. This branch will, in connexion with the line
ilready completed, and the other part, whitJ: are
state of for .rd ne- s, dour air, cors bitiriitr.-
neously to open for tr ,tlic trim ,i3c-teti to noi,,-(1,
tides of the line, ;eel this they expect to t ffect in the
autumn of m-xt year. They were unable to proceed
with the Bill for leasing the real a-ay to the South
Western Company, owing to the Committee of the
douse of Cettenotee to w horn it was referred, 'neving
devoted so long it pfri,4l to the South vt".!,:!crn and
other projects v.est of Salishury and toward, .Exete.-.
They, therefore, availed themselves of the resolution
of the House of Commons to allow the Bill to resume
its present position in the ensuing session of Parlia-
ment. They had pleasure in congratulating the
shareholders upon the success of their allies, the
South-Western Company, during the past session
of Parliament, by which the interests of the I
two compauies are materielly promoted. The
egreemeet for leasing the Exeter and Creditor
Railway, under guarantee of the South-Western
Company, has been approved by the shareholders of
the resp. ctise companies, and sealed accordingly. In
conformity with the agreement with the London and
South-Western Railway Company, the directors
recommend that the interest due to the 30th of June
last upon the deposits and calls of the capital stock
of the company, raised under the Act 1 Vic., cap. 27,
and the Bth and 9th Vic., cap. 355, shall be paid.
The statement of the accounts up to June 3 showed
the receipts to have been 98,223/. 3s. 4d., and the
expenditure 81,4821. 2s. 7d., leaving a balance in
hand of 16,7411. Os. 9d.
The CHAIRMAN stated that towards the end of last
week one of his colleagues and himself had gone
over the line, and were enabled to report that the
progress already made had been most satisfactory ;
and that from the information they had collected, that
the line, when completed, would realise the most
sanguine expectations which he and the directors had
formed with respect to it. As stated in the report.,
considering the monetary condition of the country,
they had not felt it advisable to proceed very rapidly
with the works. They had felt that they should best
and earliest promote the interests of the proprietors
by proceeding with the Bideford branch im-
mediately, a distance of six miles, which, in con-
nexion with other lines, would enable them si-
multaneously to open from sixteeen to nineteen
miles in the autumn of the ensuing year. They
did not intend to call upon the shareholders to
raise the capital for the two branches referred to in
the report as having received the royal assent, and
they were precluded by the recent Act of Parliament
from paying interest on that part of the capital, but
they should be enabled to pay interest on the bills
authorised and specified in the report, the usual
adoption of which, with the accounts, he begged to
move.
In reply to several questions,
The CHAIRMAN replied that their original intention
was to pay interest on all the capital. Two-
thirds of the proprietors of the Exeter company were
in favour of leasing the line to this company, which
could not obviate running over nine miles of that
line. Means had been taken by injunction, through
the instrumentality of another company, to prevent
the laying down of the broad gauge upon it. Their
line, which would be 45 or 46 miles in length, must
take advantage of this small line, but about six miles
in length, and it was natural to conclude that the
narrow gauge should be laid down on both. If it
were to he constructed on the broad gauge they
would be compelled to carry a parallel line by the
side of it. About 3,0001. of the calls remained un-
paid. The directors had all paid upon their shares.
Those in arrear were charged 51. per cent. interest
and Si. besides, 101. altogether, so that the company
would not he great losers.
Mr. BALDON entirely approved of the resolution of
the Legislature, as he believed it would have a salu-
tary effect upon that and other companies. He saw
that 1,2001. had been voted to the ten directors, and
as it was a large sum for so small a line, he trusted
that they would give the utmost attention to the
affairs of the company.
The CHAIRMAN assured the Hon. Proprietor that
they would leave nothing undone to advance its in-
terests.
The motion, together with one respecting the pay-
ment of interest on the capital referred to in the re-
port, was agreed to.
A SHAREHOLDER hoped that the agreement with
the Great Western would be ultimately carried out.
The CHAIRMAN said there was no douot about it ;
but should they fail, a company, which formerly
made overtures to them, which were not accepted, was
willing to give such tdrms as they would accept. The
advantageous nature of the line was beginning to be
perceived.
A vote of thanks having been awarded to the
Chairman and directors, the meeting separated.

BANK of ENGLAND.—ELECTION
OF GOVERNOR.
(Continued from our Afternoon Edition of yesterday )
Precisely at four o'clock the balloting for the new
Governor ceased. The Court of Directors being
bound by their bye-laws to keep the ballot open
until that time, although during the last hour only
one person came forward to give his vote. The
glasses having been sealed in the presence of
the directors, the scrutineers proceeded with them
to an adjoining room, for the purpose of count-
ing them, and after an absence of a few mi-
nutes returned into court, and stated that by the
ballot James Morris, Esq., was elected by seventy-
eight votes to the office of Governor during the re-
mainder of the year. The scrutineers appointed by
the court were Thomas Gribble, Esq., John Vines,
Esq., and Robert Sutton, jun., Esq.
Mr. KNIGHT, the secretary, then read the minutes
of the proceedings, and the court adjourned.

THE LOVE or FILTH —An inquiry, which lasted
until a late hour on Friday, was gone into before Mr.
Carter, as to the death (.s
a woman named Elizabeth
Meuritt, one of those old straggling creaturest),)u t the
v'keh.?tiaerl:
founi about the streets wandering
for their daily.subsi.tence. The seaman about
lived in Jz;ob.
street, 1-I,rtno.,ds: 3, dose to the island Mr. Dicl, •ns
has male ini,morahle ns the dwelling- of " Qi,itp." Ale
h
would nt vor Altos any one to enter her r ,OID.
About
;Se
gl,t,ted in fish tend avoided all cleanliness.
eleven w..ek,, iy:o she fell, whilst in a fit, on the gr- te,
in w hieh there was a large fire. She was most seriot.•
injured, but she would have no medical advice.
ious smells from the burns induced e
last the nox
neighbours to in?.erfore, an) they inrirtA she should ~
the workhouse. I: was feund necessary to force
into a parish chair, as the &charted she would toct• r
die than go the poor-house. Her piece was then • :„.
&mined, and found to be void of all furniture. She Lad
slept upon old straw. No furniture was there, and II: e
whole place was crowded with the most noxious veil' in.
Upon her admission into the hospital she was attenet'.d.
by Dr. Paul, who found her flesh clotted in masses with
insects.
said
dr wretched filth.
She lingered until Wednesday, when death
removed her from the world and all h
In answer to the Coroner, Dr. Paul s
the chief cause of death. The Coronera
deplorable it was ; human Lattice the burns w:re
remarked Low
lost in all its better feelings ;n ease.ifi,eeilaed It base b''' n
occurrence, and he hoped tshould" " l'' '' rare
itie -
pie-
side over such another inquiry.never have to

Lieutenant-Colonel Crofton, of the 6th Regiment,
who, it will be remembered, went out in June, 1846, to
the Hudson's aly Company's territories, in command of
an expedition on special service, has arrived in England
by the last steamer from Poston, having pprcorrnpd thr,
duties assigned to him. The troops, we understand, will
return to England next year, either by Hudson's Bay or
the route of Lake Superior to Canada.
The number of failures in Paris 'during the last
year was 1,139, and the aggregate amount ofotheeo deficit
eount
68,474.803 f. Eight of these failures Werde
W ith the
of 40,000/. and upwards. As conl.Pare both in the
pre-
vious year, there is an enormous increase
year the number a failures
nurabjr and amount of the w faasi 1 u 931,
. and, I n the parole voi
uo unat
t 48,842,529 f. i , .

~.t