The Sun.
London, England, 1848-01-11 00:00:00

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MARKET NEWS.— (TITS DAY.)
RAT IMEARIVEITS.
SMITUFIELD.—AIeadow Hay, 21 lOs to 31 14s ; Clover,
ditto, 81 103 to 41 15s ; aid Straw, 11 53 to- 11 les
per load. A moderate supply, and a steady demand, at
fall prices. _ _

C [IMRE ItLAND.—Meadovr Hay, 21 10s to 31 15s ;
Clover ditto, 31 lOs to 41125; and Straw, 11 5s to 11 102
per load. Trade steady, at fully late rates.
WIIITECILAPZL.—Meadow Hay, 2/ 10s to 3/ 15 ;
Clover ditto, 3/ 108 to 41 15s ; and Straw, 1/ LA to
11 10s par load. supply good, and trade dull.

COLONIAL,
SUGAEL—The demand for British Plantation continues
good, and 820 hhds have been sold at steady prices, in-
cluding 100 hhds Barbadocs by auction, at 38s to 48s for
low to film yellow. The public sales have compri►ed
513 bags Mauritius, 2,300 bags Bengal, 3,000 bags
Madras, 250 baskets, and 50 cases Penang, which went
off heavily, but generally maintained former prices.
Mauritius brought chiefly 36s to 38s 6d for greyish
yellow, Bengal 30s 6d to 355, Mauritius kind 39s 6d to
425, and white Benares 45s 6d to 48s; Madras 28s
to 355, for very low soft to mid yellow, and
Penang 29s to 33s for ord to good greyish
brown. The stock of British Plantation in the port
of London on the Ist instant was 25,721 hhds, 3,409
tierces against 6,225 hhds 763 tierces at this time last
.ear. The deliveries for home consumption were
82,665 hhds 11,234 tierces, against 75,480 hhds 9,907
tierces to the corresponding period of 1846. Of Foreign
and East India sorts the stocks are larger than at this
time last year.
CorFEE.--The stock of British in the Port of London
is 2,405 hhds 3,078 barrels and bags, against 2,257 hhds,
1,920 barrels and bags at this time last year. The de-
liveries for home consumption were 3,441 hhds 3,063
barrels and bags to the corresponding period of 1846.
RUM.—The stock of this article in the port of London
on the Ist inst. was 18,464 runs 4,701 hhds against
12,443 puns 2,869 hhds at this time last year. The de-
liveries for home consumption were 15,779 puns 3,517
hhds against 12,673 puns 2,721 hhds to the correspond-
ing period of 1846.

RICE.-1,500 bags Bengal and 1,500 bags Madras
were principally realised at rather higher prices.
SALTPETRE.-4,900 bags Bengal were nearly all
bought in at prices above the present market value; but
ab one-fourth has since been placed at about former
rates.

TALLOW.—P.Y.C. is 44s 9d to 45s per cwt on the
spot, and Town 493 6d per cwt.
TEs.--The market is rather improving, and there is
an increased consumwion.

COAL MARKE'
Bate's West Hartley 249 6d,
Chester Main 235 Od'
Hasting's Hartley 24s 6d
New Tanfield 2lB Od
North Percy Hartley 24s 6d
South Derwent Hart 2ls Od
Tanfield Moor ..... 205 6d
Tanfield Moor Butes l9s ad
Townley 23s Od
Twizel Main • 2ls Od
Walker's Primrose
Wylam
Wall's End, &e.
Bell and Brown 24s 9d
Bewicke and Co 24s 9dl
Clarke and Co.
Elm Park
Frainvrell Gate ...... 24s Od,
Gosforth 24s 9d
Heaton
medley
Killingworth 24s 3d
245 6d
Walker
Washington
Wh,rnclitle
Willington 23s 6d'
Eden Main 2ss Od
Belmont 2ss 6&
Arrival

‘. -YESTERDAY.

Braddvll's Hetton 26. Od
Bell
Haswell 265 Od
Keepier
Lambton
Shotten
Stewart's, re-shipped
Caradoe
Hudson's Hartlepool 2se 3d
High Thornley
Heugh Hall
Trimdon
Adelaide Tees
Brown's Deanery
'Denison
,Gordon
Richardson's Tees 23. 9d
'Seymour Tees
south Durham 24, 6d
Tees
West Hetton 248 6d
Woodefield ......... 215. Od
Whitworth 215 Od
Anthracite 27s Od
,Cleveland C0ke........, 248 Od
Derwentwater Hartley 24s Od
Sidney's Hartley
ISir J. Hope's steam
Albert 22s Od
Is, 167.

CHANCERY.—(THIS DAY.)
This was the first day of Hilary Term, and we are
happy to say the Lord Chancellor has recovered
sufficiently from his severe indisposition as to be able
to sit in his Court at 'Westminster to-day. His Lord-
ship looked much better than we had anticipated, but
rather thinner about the face than when he last sat in
Michaelmas Term.

His Lordship, who sat at eleven o'clock, was occu-
pied the whole morning with an appeal motion from
the decision of the Vice-Chancellor Wigram, in the
case of Hirst v. Robinson, in which the Court below
had granted an injunction, resting the proceeditigs
on an action of ejectment.
llf TIIII MATTER OF UNIVERSITY COLLEGE, OXFORD.
On the application of Mr. COOPER, his LORDSHIP
ordered this matter to stand on the paper for argu-
ment on Saturday next.

VICE-CHANCERY.—(THIS DAY.)
(Before the VICE-CHANCELLOR Of ENGLAND.)
This being the first day of Hilary Term, his
Honour the Vice-Chancellor of England sat in his
court at Westminster to-day, at ten o'clock.
TnE ATTORNEY-GENERAL V. GRAINGER. CHRIST'S

HOSPITAL V.
His HONOUR gave judgment to-day in this case,
which was argued before him in the courts of the
last term. ltie case carne before his Honour upon
an information filed by the Attorney-General at the
relation cf Christ's Hospital, under the following
circumstances :—A gentleman named John Kendrick,
of the -city of London, draper, by his will, executed
on the 29th of December, 1624, bequeathed 7,5001.
to the mayor and burgesses of Reading, and directed
them, out of that sum, to purchase land worth 501.
year, the rent of which was to be paid to his sister
for life, and, after her death, to the overseers of the
poor of the town, to be distributed among the poor of
the place in the manner therein described. Another
portion of the money was to be applied in the pur-
chase 'of a plot of ground, and the erection of a
workhouse, to be occupied by such persons
as shOuld be appointed by the corporation for
employing and handling the stock of the
money • which he left for that purpose.
And he directed that the residue of the fund should
be employed, in clothing, either in making coloured
or white cloths, as the times should require, and also
in working wool, hemp, flax, iron, grinding Brazil
wool and other stuffs for dyes, as to the corporation
should seem expedient. The testator concluded by
declaring that if the corporation should omit, neg-
lect, or fail to perform the premises according to his
will, or should not employ the fund according to
intent and meaning of his said devise, for the good
of the poor, and such neglect should continue for a
year, it was his will that the legacy of 7, 5001. should
thence be void, frustrate, and of no effect, and should
be paid by the corporation to the Mayor, commonalty,
and citizens of London, for the use of Christ's Hospital.
Shortly after the testator's death the corporation of
Reading received the legacy, and proceeded to apply
it in conformity with the injunctions of the will. An
information was, however, in the reign of Charles 1.,
filed at the instigation of Archbishop Laud in the
Court of Exchequer for the management of the cha-
rity ; and the decree of that Court, after reciting
that a literal compliance with the testator's wishes in
the application of the money in manufactures men-
tioned, had had the effect of reducing the condition
of the general body of the poorer classes of, the town,
and was calculated to drive them out of their trades
to the detriment of the revenues of his Majesty, or-
dered that the 7,5001. should be laid out in the pur-
chase of lands, and that the rents should from time to
time be lent to poor clothiers on good security, or to
other poor tradesmen, and the rest employed in ap-
prenticing poor children, marrying poor maids of
honest conversation, and in other similar purposes ;
and it provided that if the corporation should
neglect to perform the premises according to the
decree, the money should go to Christ's Hospital. In
1838, the Charity Commissioners examined into the
state of this charity, and reported that its property
had been altogether diverted from its original destina-
tion. An information was therefore filed, for the pur-
pose of having a scheme settled for the future manage-
ment of its funds, when the corporation of London se
up a claim to the property under that provision, both
in the will of the testator and in the decree of the
Court of Exchequer, which decreed that the 7,500/.
should be handed to them if the corporation of Read-
ing neglected the duties imposed upon them, and
commenced this suit. His Honour in giving judg-
ment, observed that the case appeared to be very
plain and simple, because he conceived that he was
bound by the decree of the Court of Exchequer made
in the year 1639. It was very plain to his mind that
the things which were prescribed by that decree to be
done had not been done ; and it followed therefore, as
a necessary consequence that the 7,5001. had gone over
to Christ's Hospital. The estate and the property
which was now vested in the corporation of Reading,
notwithstanding the 71st section of the Municipal
Reform Act, must be conveyed to Christ's Hospital,
and those gentlemen who called themselves the trus-
tees, must pay the costs. Christ's Hospital must pay ,
the corporation of Reading the costs, as they were
trustees merely as the holders of the estate through
the infirmity of the Municipal Corporation Act. It
was singular, considering the phalanx of talent that
was concerned in the preparation of that measure,
that by the provision of the 71st section that which
in other parts of it was declared should cease was
continued. llis Honour remembered well, for he was
Deputy Speaker at the time that Lord John Russell
brought up the Bill from the House of Commons.
Lord Campbell was Attorney-General, at the time
it was discussed in the House of Commons, and Lord
Lyndhurst and Lord Plunkett took part in the dis-
cussion in the House of Lords, and how such s
blunder as the one he had adverted to could have
crept into it he could not conceive.
Decree in favour of Christ's Hospital.
CARTER V. BARNARD—JUDGMENT.
His HONOUR also gave judgment in this case, on
which the suit was misconstrued for the specific
performance of an alleged agreement, dated the 30th
of May, 1845, for the lease of part of a house, situ-
ated at 126, Bishopagate-street, and 61, Cornhill.
The plaintiff was the lessee of the house in question,
and the defendants were the trustees of the Australa.
sian Colonial and General Life and Annuity Ana

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