The Sun.
London, England, 1848-11-10 00:00:00

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Nut ithstandingti:•:(7suWy47l3Tsts on sale in to-
day's market was but moderate and the weather very
favourable for slaughtering, the Beef trade, owing to the
large supplies of meet in the dead markers, was in a very
dull state, at barely, but at nothing quotable beneath,
Monday's prices. At the close of nu,iness a clearance
was not efficted. With Sheep, el): cially English breeds,
we were scantily supplied, nevertheless the demand for
that description of stock was heavy, at prices barely
equal to those obtained on last market day. Very few
Calves were on offer, hence the Veal trade was firm,
and the primest qualities were a shade higher. Pigs
were in steady request at extreme currencies. Milch
Cows moved off slowly at from 141 to 171 each, including
their small calf.

Per 81ba. to sink the offal.

s. d. to v. d
Inferior Beasts.. 2 6 2 8
'ocond quality • • 2 10 3 2
Prime large Oxen.. 2 4 3 8
Prime Scots ......3 10 4 0
Large coarse Calves 3 4 3 8
Prime small ditto .. 3 10 4 4
Suckling Calves —lB 0 24 0
Inferior Sheep . 3 2 3 6

8. d. to s. d.
Second quality ditto 3 8 4 2
Coarse-weolled ditto 4 4 4 8
Southdown IVether 410 5 o
DittA silt of the wool 0 0 0 0
Large Hogs .. •••• 3 10 4 4
Small Porkers .... 4 6 4 8
Quarter old rigs ..17 6 22 0
Lambs ...... •... 0 6 0 0

Baste.
1,057

TOTAL SUPPLY AT MARKET.
Sheep. I Calaes. I
Pi".
I 5,410 174 250
FOREIGN SUPPLY.
I Sheep. 1
I
I Calyes. Pigs.
1,560 7 —

Beasts.
281

NE V/GATZ AND LEILDENHALL.

These markets were heavily supplied with each kind
of meat, the demand for which was in a very sluggish
state, on the following terms:—

At per stone by the Carcase.

s. d. to s. d.
s. d. to s. d.
tleel,inferlor...... 2 2 2 4 Mutton, inferior .. 3 2 3 4
- middling 2 13 110 middling.. 3 6 3 8
primelarge 3 0 3 2 prime •• •• 310 4 4
- prime small .. 3 4 3 6 Pork, large.... ••.. 3 6 4 4
Peal .... •••• • • 3 4 4 2 - small •• 4 6 4 8
BOROUGH HOP MiI.RXET.

The supplies of most kinds of Hops on offer were
seasonably extensive. For the best pircels of the pre-
out yew's growth the demand is steady, at prices quite
equal to those paid last week. The middling and infe-
rior kinds are a slow inquiry, at barely late rates.
Yearling and old Hops are almost nominal in value.
Duty 205,0001. to 210,000/. New Hops:—Sussex pockets,
44s to 60s ; Weald of Kent, ditto, 48s to 70s; Mid
and East Kent ditto, 563 to 1083; and Farnham', 108 s
to 1123 per cwt.

COLONIAL.
SUGAR.—The market for British Plantation has not
improved this week, and the business done has been cir-
cumscribed. Yellow Barbadoes by auction sold at 40s
to 41s, and low to mid at 35s to 36s 6d.

REFlNED.—Standard Lumps have been at 48s 6d to
49s per cwt, and not much doing.
EAST INDlA.—Madras 6,857 bags were offered by
auction, but were nearly all taken in at 29s ,6d to 31s
6:1, the rest selling 6d to is lower; mid damp yellow 31s,
low 30s; fine brown 295, and very fine ord 25s per
cwt. Bengal has been dull, and very little has
been done privately, although lower rates would
be accepted. Mauritius, 8,720 bags, receded 6d per cwt
fur the lower kinds—low yellow 33s 6d to 345, mid 35s
to 365, fine 38s to 40s, good and fine brown 32s 6d to
33s 6d, and low to fine grey 34s to 37s 6d per cwt.
FOREIGN.—White Havannah Sugar has been sold at
I6s to 20s for damaged, and 495 bags yellow were
chiefly take❑ in at 37a to 38s for sound mid and
washed. Other sorts have been dull of sale and generally
cheaper.

COFFEE.—The market for all kinds has been very
quiet, and the supply of most descriptions is large.
British Plantation has been held as firmly as could be
expected. Plantation Ceylon has been sold, but not
freely, at 60s for fine, 52s to 55s for good, 39s to 43s for
low mid, and 33s to 38s for fine fine ord. Native good
ord pale 27s to 27s 6d, and ord 26s to 26s 6d per cwt.
Madras, 434 bags, sold at 45s to 52s for fine fine ord, and
at 35s to 41s for fine ord.

COTTON.—The market has been rather good. At
public sale 1,700 bales Tinevelly, and 1,050 bales Surat
were offered. The former were nearly all taken in at
3d to 3id per lb., and Surat partly sold at 2i-d per lb.;
damaged to 2id per lb.
RICE.—The demand has been good; Bengal has
realised 11s fid to 12s per cwt., Madras 9s to 9s 6d
per cwt for gocd pinky white, being fuller prices.
Rum.—This article has been neglected, and has been
again cheaper. Proof East India is 3d to is 34d, and
Leewards is aid to is 4d, Jamaica 32 per cent. over
3s per gallon.
SAGO.—For a few parcels sold, 19s 6d to 20s have
been paid.

_
SPlCES.—Jamaica Ginger has been taken in at 655.
Nutmegs have been sold at is ld to 3s 9d; Mace has
been at is to 2s sd; and Cloves have realised is 5d to
2s 6d per lb. In Pimento, Cassia Lignea, and Pepper
very little has been done.

TALLOW.—Y.Y.C. bas bean steady at 45a to 45s 3d
per cwt on the spot. The business transacted has been
limited, and the quotations are not buoyant, although
some parties rather anticipate an improvement ere long.
FRUIT.—Tho demand continues. Black Spanish Nuts
have advanced 5s per barrel, which rise has operated in
favour of all other descriptions. The cold weather,
combined with a limited supply, has tended to improve
the price of Chesnuts. 4eo baskets of Hamburgh
Grapes, sold by Keeling and Hunt at public sale, went
at a reduced figure, the quality being indifferent. The
first entire cargo of Almesid Grapes is to hand, and
opened et a high figure. Lisbon continues depressed in
price, the quality not having been of a keeping character.
Lemons are scarce, arrivals from Messina being daily
expected, as well as a cargo of Oranges from Fay al,
which has been dispatched to this market.

CHANCERY.-(THIS DAY.)
The Lord Chancellor sat i❑ the Old Hall, Lincoln's
Inn, to-day, and after disposing of the unopposed lunatic
petitions in his paper, and the petition and motion in
ltubery v. Morris, proceeded to hear appeals, but no case
calling for a special report came before his Lorslship
during the morning.

ROLLS' COURT.-(THIS DAY.)

KNIGHT C. MARJORIBANKS.-JUDGMENT.

The MASTER Of the ROLLS gave judgment at great
length to -day in this important case, which was before
him in tho early part of the present year for seven or
eight days. The suit was instituted by the plaintiff.
Joseph Knight, who is the assignee of General Lautour,
a bankrupt, and by General Lautour, against Stewart
Marjoribanks and others, with a view to set aside two
deeds, of the 4th of August, 1829, and the 12th of May,
1836, on the ground that they had been executed by
General Lautour under c ircumstances which, in equity,
amount to fraud, and under pressure, without a full
knowledge, on his part, of his rights, and for an inade-
quate consideration. It appeared that previous to No-
vember, 1825, Captain B. B. Thomas had got a promise
of a grant from General Darling, Governor of New
South Wales, of 20,000 acres of land in that country,
and 20,000 acres in Van Diemen's Land, and being
acquainted with Colonel, now Major-General Peter
A. Latour, and the other parties, he agreed to
enter into partnership with them for the pur-
pose of working the land. William Kershaw, one of
.these parties, was then a partner in the firm of Mar-
joribanks and Co., King's Arms-yard, Coleman-street,
of which the other two partners were Stewart Marjorie
banks and his son A. John Marjoribanks; and it was
agreed that the firm of Marjoribanks and Co. should be
the commercial agents of the new trading company. In
September, 1825, application was made for the grant,
and on the Ist of November, 1825, a deed of partnership
was prepared and executed between Captain Thomas,
General Lautour, Colonel Edward Gibbs, Robert Keate
(a surgeon), W. Kershaw, and Lieutenant-Colonel James
D. B. Elphiastone, a hereby, after reciting that the Go-
vernor-General of New South Wales had agreed to
grant to Thomas 20,000 acres of land in that country,
and 20,000 in Van Diemen's Land, it was agreed that
the parties should enter into partnership (to continue
for a term of twenty-one years) for establishing a repo-
sitory for breeding horses, sheep, and other cattle, and
for selling them there, and for buying and exporting
English horses, cows, &c., and selling them in those
countries, and for the cultivation of wool, hemp, flax,
&c., and the firm was to be called N The New South
Wales and Van Diemen's Land Establishment." The
capital was to be 24,0001., to be raised in shares of
1,0001. each, of which four shares were to belong to
each partner, on each of which he was to pay up im-
mediately an instalment of 4001., to set the company
afloat, except that Thomas, who had no money,
was not to be called upon to pay his subscription.
It was also agreed that the capital was to be employed
in the business ; and, if necessary, six new shares of
1,0001. each might be added, to be held by not more than
two persons approved of by the firm, unless the partners
themselves thought fit to take them ; and all the pay-
ments were to be made out of the stock, and further
instalments to be paid up when called on ; that Thomas
should go out and take possession of the lands on behalf
of the partners (who were to hold them as tenants in
common in fee), and to take the whole management of
the business, under the direction of the company in Lon-
don, and that Thomas should be allowed 5001 a year by
way of salary for his trouble, and 5001. for an outfit ;
the repayment of which, however, together with his pro-
portion of the capital, or the instalments thereof due
from him from time to time, should be made out of his
share of the profits, which was to be set apart for that
purpose. The accounts were to be taken by Thomas
every year, with rests ; and that there should be an ap-
preisement or valuation of the stock, &c. ; and that on
the 21st of June in every year, an account, with rests,
should be taken by the company at hose, and that
the account, when signed by alt the parties, should
be binding. The deed contained a pows.r of expel-
ling, after notice duly served, any of the 'co-partners
who should apply to his own use 100/. or more of the
money of the firm, should engage in private speculation,
or should beceme insolvent; and there was a power also
of expelling Thomas, if he contravened the provisions of
the deed. Captain Thomas, in pursuance of this arrange-
ment, set out for Van Diemen's Land, and arrived there
in the month of May or June, 1826; and an order of lo-
cation was obtained. by him, by virtue of which he was
put in possession of 10,000 acres of land (to which was
given the name of " The Cressy Estate"), at a distance of
thirty miles from Launceston, and about one hundred
miles from Hobart Town. On his leaving this country,
Majoribanks and Co., as the agents of the company (who
usually assembled at their places of business to advise) had
purchased and shipped large quantities of stock and agri-
cultural implements, and also some cattle, which Thomas
took with him. After his arrival there he purchased for
the company a farm called " Duncan's Farm," containing
1,530 acres, for 9,0001., in respect of which he drew
bills on the company. This land was reclaimed,
whereas the company's grant was not. The business
went on, and various sums of money were required
(amounting to far more than the 1,6001. contributed),
as well to meet the bills drawn by Thomas as to pay
for articles purchased and sent out, so that it
was all outlay and no return at first, and in conse-
quence of this diappointment began to be felt at home.
At last it appeared that Captain Thomas had forgotten
,hie duty, and instead of devoting himself to his btist-