The Sun.
London, England, 1846-05-15 00:00:00

FLANDERS MAIL.

BRUSSELS, MAY 11.—The Chamber of Representatives itz
its sitting this day heard a report on several peti dons. It
then adopted two projects of law, one granting a supple-
ment ary credit of 48,000 francs to the Minister of Marine,
and the other for a vote of credit of 24,000 francs for the
public veterinary school, to meet the expenses ,of the last
month of 1845.
It will commence to-morrow the discussion of t he Budget
of the Department of the Interior.
The King has given audience to-day to a great number of
persons.
Baron d'Arnim, the Prussian Ambassador at Paris, is now
at Brussels. He had an audience yesterday of the King, and
visited several members of the diplomatic body. We under-
stand that he will return to Paris on Wednesday. G eneral
Fleischmann, Minister Plenipotentiary of his Majesv the
King of Wurtemburg at Paris, has arrived at Brussels.
ANTWERP, MAY 12.—A report has been in circulation on
'Change to-day that the King, on the representation of M.
Liedtz, bad given up the Ministry of M. de Theux, arid had
commissioned M. Liedtz to form a new Cabinet, and that
M. Liedtz had composed his Cabinet of Messrs. Rogiei•
de Brouckere, Lebain, d'Hoffschmidts, Liedtz. 'The
Minister of War was not yet chosen. All this, of cc,urse,
needs confirmation.—Journal du Commerce, May 12. 18.16.
VIENNA, MAY 6.—The Emperor has commissioned Lieut.
Field-Marshall Baron Von Hess, Chief of his Maj,estyl
General Staff, to compliment the Sultan on the occa.von et
his visit to the provinces on the Danube. Major E aron,
Spiegeltizld, Count Festelics, Count C. Zechy, and Cowl;
Troper will accompany General Hess. The mission WI"
wait on the Sultan at Itustscheck.
. PRUSSIAN FUNDS.—BEaLm, MAY 8.
Bills. Mover.
St. Schuld Sch., 3% per Cent ••.• • • 97% :96%
Pruss. English Bonds, 1830, 4 per Cent......
Foreign Exchanges .... .......... ..........
Exchange on London, £1 Sterling, 3 Months. 6 2514
Hamburgh, 300 Marks, 2 Months. 149% 14,9 N
Paris, 300 fr., 2 Months • • ••• 80 1-12 --
On Paris
Two months.
—Universal Prussian Gazette. MAY 9.
AUSTRIAN FUNDS.—VIENNA, MAY 6.
5 per Cent. 21Ietalliques • • . 112
4 per Cent. ditto• ••• • • ..... 100%
3 per Cent. ditto.... .........• ••• • • • .... 74%
Loan, 1834 .............. • • 154
Ditto, 1839 .............• • .......... 122%
Bank Shares . . . .. 1556
Esterhazy's Loan ........ ~........

RAILWAYS.
The Northern, or Ferdinand ...... ••• • • • 193%
Gloggnitz .............. • • - ... • • • • • • • • • • 13914

Pesth ............
••••••••
Sienna
•• • • 95%
121
923(
•••• ..
Oldenburg ••••••••••
Pestuia • • • ' • ' • • • "• .•
. ........ •• .• 9634
Apenninen ..... ••• • • •
.•• • • 120
Pesth Bridge .. • • .. • • • •
DS.—BausszLs, May 12.
Rothschild s Loan,
"Ive per Cent .• . .....
Loan of Thirty Millions, Four per Cent....
Ditto Three per Cent.. •.•.••• • • • • ••
—Aligemell:etZußeallEtDuLneGgbitA,3ll42:lp9UNer Cent ••
Ditto Thirty-seven Millions, ditto
Ditto,•
100 s
Ditto, ditto,lB42 ......... •• • 102
Ditto, 1844-- •• •• ..... ..... • 100
:1:8:3:2: 7436
Ditto,
ttt
ttt
000
:011f88143h38e
10— 0%
Bank ofßelgium • •
—Brussels Papers, May 12. ....
•• • 892
DUTCH FUNDS.—AMSTERDAM, MAY 11. Bills.
Money. Actual Debt, 2% per Cent.. ••••• • • 60 60%
hitt°, 3 per Cent .... ..
Ditto, 4 per Cent • • ...... 93% 94%
100
Amort Syndic, 4% per Cent ••••• • • • " nt% 83%
Ditto, 3% per Cent.. •••••••• •• • • • • 74
Commercial Company, 4% per Cent .. 168 16393,
East India Loan, 4 per Cent • • •..• •• • • 93% 9
Exchange on London, at sight •• •• •• • • 12 27
Two months... •••• • • •• 12 20
On Ilamburgh, at sight .. • • 35 81
Two months... •••••••• • • • • 35 43
-Dutch Papers, May 12.

DUTCH. MAIL.
THE HAGUE, MAY 11.—The Minister of Finance
has issued a notice for the information of merchants'
and others wh ) desire to take advantage of the over-
land mail to India to send letters and newspapers to
the Dutch possessions, but appear to be uncertain how'
to proceed. Thus letters and newspapers intended to
be forwarded by this mail, are received every day at
the Post-office. That though this mail is dispatched
twice in a month from Europe to the English posses-
sions, yet it is to be observed that it is the last or second
mail in each month which is the best for a speedy
correspondence with the Dutch colonies, because it is
that mail only which goes the nearest way to those
colonies, that is to Sincapore, whence the letters are,
regularly forwarded, as soon as they arrive, by one of
our steam-boats, in the name of the Government
of the Dutch possessions ; that though the letters
may be forwarded by different ways (through England
if preferred), not the direct way from the Netherland!,
if by way of Paris and Marseilles to Alexandria, this
he recommends for the present as the most eligible. As

~~

OF ENGLAND.

Balance to go to the reserve fund...

BRITISH FUNDS.

. • -
.. .. 264%

FOREIGN ;FUNDS.
Buenos Ayres Bonds, 6 per Cent
Mexican Bonds, 1837, 5 per Cent
Ditto, for the Account .. . _
Ditto, Deferred .. .. 15 S/
4
.4ruvian Bomb*, 6 per Cent. .. 39X_, 40
4uguese Four per Cent .. „
'Pal'sh Bonds, 5 per Cent ..
Ditt, 1840 Ditto, 'lssive Bonds ...
Ditto, lA=ee per Cent . .
Diric.nds on the above payable in London.
Belgian Four-agd-a-Ilalf per Cent .. 96 97
Dutch Two-stain-Half per Cent .. 59 Xi
Ditto. 4 per Cent. Certificates

• • -
. . 325 A

Real del Monte, Unregistered .• •• • •

he mail leaves England on the 24th, and reaches Paris

tthi !, . , •.• •„-
A;nsterdae,, 4.)tttr,la4:, , :41 ti 01, kite
23d at the latest. But, as delays sometimes occur on the
road, it is advisable to dispatch the letters on the 22d.
Care must be taken to %%lite on the cover " Overland
via Marseilles."
An extract from the latest accounts from the Caucacus,
published by the Russian Government, says, "If we
consider the principal events that took place in those
countries in the courie of last year, we may hope that in
a short time tranquillity and peace will be established on
the right flank of our line. Soliman Effeadi,
Schamyle's f: end, though he had collected a numerous
band of followers, has not been able to do us any injury.
The peaceful tribe of the Abasians placed itself under
the protection of Ross:a. Last winter a deputation was
on the way to St. Petersburgh to tender their submis-
sion to the Emperor. The warlike tribe of the
Bascbilbayess are become Russian subjects, and the
insurgent Prince Lida has submitted. Lastly, the for-
midable robber Alasaukin has fallen. Such a succession
of favourable circumstances will tend to promote tran
quillity and order in the right flank of the line of the
Caucacus. Nothinz further has happened that may
tend to disturb the public peace in Daghastan.—Dutch
papers, May 12, 1846.

NATIONAL PROVINCIAL BANK

The annual General Meeting of the Proprietors of this
Bank was held at the Company's House, 112, Bishopsgate-
street, yesterday, at twelve o'clock.
Mr. MELVILLE, having taken the chair, remarked that
the report which would be read to the proprietors was
shorter than usual, but not the less satisfactory. The posi-
tion of the bank was favourable; the testimony which had
been received from every part of the country was very
satisfactory, and he believed that the character which they
Ili I acquired would more and more contribute to the advan-
tage of the business of the bank. As to the operation of the late
Banking Act, they had no fault to find with it. He believed
that the rapid communication afforded by railways between
different parts of the country enabled the business of the
country to be carried on with a much smaller circulation.
The.CHAntmaii then read the Thirteenth Annual Report,
which stated that the business of the Bank had progressed ;
that money had continued abundant till towards the close of
the year, when a pressure was felt, arising from railway spe-
culation, which about that time raged to such an extent;
that the directors, however, throughout that period tad not
allowed anything to draw them aside from the proper banking
business, and that the Company had thereby been saved the
losses which others had been called on to sustain.
The accounts showed :
Jan. I,lB4s.—undivided profits in the reserve fund £59,678

Dec. 31, —Nett profits, after allowing for bad
debts
Amount divided

£6,790

Total amount of the reserve fund ... £67,468
The CHAIRMAN moved the adoption of the report, which
was seconded an 1 unanimously carried.
Messrs. John Hicksman, Patrick Cruickshanks, and Chas.
Heaton Ellis, the three retiring directors, were re-elected as
members of the board.
A desultory conversation arose concerning the local direc-
tors employed at some of the branches of the Bank and the
remuneration which they received, but it ended without any
definite result beyond leaving the matter to the discretion of
the directors.
An Hole. PROPRIETOR suggested for the consideration of
the directors whether an alteration of the form of the annual
statement to that adopted by the London and Westminster
Bank, giving a detailed statement of the capital employed,
&C., would not be more comprehensive and complete and
more satisfactory to the proprietors?
The CHAIRMAN said the form adopted was that of the
Provincial Bank of Ireland, and he believed it had been, and
would continue to be, satisfactory.
A vote of thanks to the Cilairman and directors was una-
nimously passed.
When a vote of thanks had been passed to Mr. Robertson,
manager and agent, the meeting separated.

MONEY and COMMERCIAL NEWS.

(From The Sun of las: Night.)
A large business was done in Cotton at Liverpool yester-
day, 12,000 bales being sold, of which 3,000 were American
on speculation, and 1,003 for export, at an advance of -14 d.
per lb. The market was very firm. Shares were rather
heavy again.
At
is
present moment a very considerable degree of anx-
iety s felt as to the ultimate results of " winding-up "of
railway projects, which were brought forward last year.
Very many of the Provisional Committees (we are sorry to
say) still withhold information, though they have instructed
their legal advisers to proceed against allottees, as to the
expenditure incurred, ;and the way in which money re-
ceived, has been expended. Surely, before a claim is
made to liquidate expenses honestly incurred, the parties upon
whom demands are made ought to have a debtor and credi-
tor account sent to them—or to have the opportunity of in-
specting the mode by which the money subscribed has been
expended. Among the most prominent of the new railway
companies which have rendered full accounts is the Man-
chester and Southampton. A fair field of discussion and
no favour was shown at the late meeting of the
proprietary body, and a determination was most strongly
exhibited to proceed with the line. This is as it ought to
be. Where the scripholders are satisfied with the conduct of
the managing committees full confidence ought to be awarded
to them.

There are no la'e arrivals from the British Colonies to-day.
Consols for the Account have been rather firm this
morning at from 96% 3/4, and for Money at 961/a % ; Ex-
chequer-bills are lower, some sales having been made at 2ls.
premium. Bank Stock has fluctuatad from 201% to 205%;
East India Stock has fallen to 264%.
In the Foreign Market but few bargains were made this
morning. The Peruvian. Six per Cents. are at 40; the
Dutch Four per Cents. at 97; and Mexican at 32% 3/4.
The settlement in the Railway Share Market is proceed-
ing satisfactorily. In vneral the prices of scrip are a shade
lower.

ONE CLOSING
O'CLOCK. PRICES.
Bank Stock .. .. .. .. .. .. .. 204!,4 20534 205
Three per Cent. Reduced Annuities .. .. 95% 95%
Three per Cent. Consols Annuities .. .. 90 3F % 96%
New Three-and-a-Quarter per Cent. Arms. 97% '/ 973
Long Annuities, Expire Jan. 5,1860 .. 10% 3-16 10 3-15
Ditto, 30 years, Oct. 10,1849 10 1-16
India Stock .. • • 267

India Bonds, 1,0001. • . • • • • • • • •
Ditto, under 1,000/. .. • • .. .. 33 29 p
Consols for Account • • • • • 96
Exchequer Bills. 1 d. %d.
1,0001... • • 24 21 24 pm. 21
Ditto. Small ...• 24 21 24 pm. 24
500/. .. 25 21 2 pm. 24
ONE CLOSING
O'C Lth 'K. PRICES.

PRICES OF BUSINESS CLOSING
RAILWAY SHARES, PAID. DONE AT PRICES.
ONE O'CLOCK.
Aberdeen .. . .. • .. .. 10 .... 6 ...... —.. 6
Birmingham andGloueeste. r.. .. 100. .. 124% .. .. .. .. 124%
.
Birmingham and Oxford Junction 2
.... .. .. 2%
Bristol and Exeter .. .. .. 75 .__ .
Ditto New .. .. .. .. .. 5 .... 10% IA
Bristol and Gloucester .. .. .. 30 .... 50 .. .... ....
Buckinghamshire .. .. .. .. 425. .... % p.... .....
_ _

Caledonian
Ditto, Half Shares ..•• 2%. • 2 .. • •
Ditto, Extension 2% la% • • •
• •
Cambridge and Oxford.. .. •• • •
..
Cheltenham and Oxford .. .. 2 • • _ ••• • • .
Direct Manchester (Rastrick's) 514 •• • • 3% • .
Direct Northern . • • • •• • • 214.... 2 •
Dublin and Belfast Junction .. 10 7 •. • •
•• •
Eastern Counties .. 141. 165..... 23%%% •• • •
Ditto New .. • • • • • • 8/. 165....• 7%
Ditto, York Extension 105... • . yi •• • •
Eastern Union • • • • .. .. 25 .... ••••• • • • • •
Do. Cambridge and Ely .. .. y 24.... 1 •••• • • •
East Lincolnshire .. • • .. 14 .•• • ....
Edinburgh and Glasgow . • .. 50 ••• • •• •
Ditto New 4 Shares.. •• .. 12;i .... 18%
Goole, Doncast., and Sheffield, &c. 425. • • • . p. • .. • • _
Great North of England . —lOO •
....217 ..
Great Western .••• .. • • 5085 •• • • •• •
Ditto, Half Shares .• • •
Ditto, Quarter Shares • • 5 .... 17% •• • •
Ditto, Fifths .. • • 20 .• 35 ••••• • • • • •
Lancaster and Carlisle .. .. 40 .... 57 . .....
• Ditto, New . .. • • .... 5 .... 10 ••••• • • • • •
Leicester and Bedford .......... 225. .• • . 3/4 ;11s• ••• " •
Liverp., Manch., & Noire. Junct. 234 ....2 34 ......
London an Birmingham . —5OO .... 227 .• •••• • • • •
Ditto Quarters .. 2 .. ••••• • • • • •
London and Brighton .. 50 .. C 51,4 ,4 14 •
Ditto ditto Fifths 20 413 s
London and Croydon .. 131. 15s. 9d. 224% .....
London, Hounslow, & Western .. 2 .... • •.•• • • • •
London and South-Western.. 41/. Gs. 10d. 79 78 795¢
Ditto, New Consul. Eighths .. 34 .... 52%
Ditto, New • • 17 ;4 .. .. 30 ... ..... •
London and York .. • • ~ .... 234%.•.
Manchester and Leeds .. • .. 82 .... ..
Ditto, Quarters • • .. .. 2 .... 1014 . • • •
Ditto, Fifths . • • • • • • • 3 •• • • 12% ••••• • • • "
Ditto, Sixteenths .. 64 .• .. 9 ••. • ..
Ditto Extension .. 425..... 3% 3 p.. •• • •
Manchester and Birmingham .. 40 . 81% .. •••• .• • •
Ditto, Quarter Shares (A) 4 .... 1 ps4 .••• • • • •
Ditto, Quarter Shares (ii) .. 4 13 ••..•• • • • •
Ditto, Quarter Shares (C) .• 1 •• • • 9'A•••• • • • • •
Manchester, Buxton, & Matlock 425. ... • 1%4 P•• • •
Manchester and Southampton .. 2 •• • • 1% 2. •• •
Midla-td
eDwi tetao; t e w .. 18 351 e 32.74
Ditto, New d Darlington Junct. 25 .... 45 41;i •
Ditto, New. B• • • 1 10 9;e ......
Newcastle and Berwick
earwingk '2 • • 25
• • 44
Norfolk • e • • • • 15 '• • • 25%
Yj • ••• • ••
Ditto, Tenth. ••
'•
• • • • .. 20 .... .. ••• • • •
North British • • • • • • 2 •• .• 2y,..•• • • • • •
Ditto, Half Share; :• • • • • 2214•••• 29% 3014 •• • •
Ditto, Carlisle Extension • • ' 8 .... ••• • • •
North Staffordshire •
.425. • • 1.
Dx.fd.,Worcester, & ; •
Preston and Wyre • • • • Pak. 12% ...• B,z •••
Reading, Guildford, & Reigat. • • 25 • •
•• 's
32 31 . .•
Reigate • • 425. ...• • • •• •
Scottish Central •• ,
•• 10 • • •• • •
Shrewsbury awl Birmingham •• • • 16% .. ••• • •
South Devon .. •• • • •• 2%•••• ••
South Midland
South and Midlands Junction • • 425. .• • • P
South Eastern and Dovor .„ .• 33%....
40 i 5....
Ditto. (iss. at 32/.) No. 1. 16
Ditto.
Do.. New (do 33/. 69.8 d.) No. 2. 10 • • 1193% "•••• • • • •
Do., New (do. 15/.) .. No. 4. 2% 3 •••• • • • •
South Wales • • • • • • • • • • 5 • ... 41 •• • •' • •
Warwickshire and London .. 425. • • "par ••. •••• • • • •
•
Welsh Midland • • • • • • 2% , ••• ••• • • •
West Riding Union • • • • • • 4'2s. 3).1 ... •• •
Wirkeach and S. Ives • • • • 2 • • ••• . • •
York and Carlisle . • • • • • • • 21. i • ... 15 .: :: •• • • •
York and North Midland .. 50 ••• _ • • ••• • •
• •
Ditto, Half Shares .. 25 .... 504 •
Ditto. Extension .. .. 15 33 • • '' • •
Do. E. and W. Riding Exten... 1 ...• 11% •• •
•• ••••
FOREIGN RAILWAYS.
Boulogne and Arnicno 12 12 •
Bord., Toul., & Cette (Mackenzie) 2 _ •• • •
Ditto, ditto (Espelete) .. 2 .... 2 .• •••• • • • •
Dutch Rhenish • • .. .. 5 •• •• 6% 7 •• •
East Indian, • • • • • • • • • ss• •• • • 14 ......
Grt. North. of France Constituted 5 .... 15 14% • • • •
Namur and Liege .• 6 .... 4 _ • •
Orleans and Bordeaux • • .. 6 .... 10%
Paris and Lyons Constituted 5 .... 7l
Paris and Strasbourg Constituted 5 .... 51i
Rouen and Havre . .• • • 20 •• • • 2954 •••• • • • •
MINES.

dis
16
3%
33%
p
•• . 1 dis

The Weser Gazette of the Bth has the following:—
"We learn from Poland that disturbAnces have broken out among
the peasants of Radom, and plat several or the uoblei have been
murdered."

NATIONAL LOAN FUND LIFE

-, , , -,-
. :~:_,

:47'1 ;..,'t'')"

Yei,terdity we oanual geLerai int:eting of the National
Loan Fund Life Assurance Society was held at the
London Tavern, Bishopsgate-street, at one o'clock ; T.
Lamie Murray, Esq., Chairman, in the chair.
The CHAIRMAN opened the proceedings by calling
upon the Secretary to read the advertisement convening
the meeting.
Tile SECRETARY having read the advertisement,
The CIIAIRMAN said—Gentlemen, the directors have
prepared a report of the proceedings of the Society
since our last annual meeting, which the Secretary will
now read.

The SECRETARY then rend the following report :
THE SEVENTH ANNUAL REPORT OF THE DI-
RECTORS OF THE "NATIONAL LOAN FUND
LIFE ASSURANCE SOCIETY" TO THE PRO-
PRIETORS.

13th May, 1846.
The Directors have again the pleasure of meeting the
proprietors on the recurrence of the seventh annual general
meeting of the Society.
The influence a remunerative industry has on the.provident
habits of the general community has been constantly pointed
out by the Directors as the true source of that praiseworthy
inclination to avail itself of the advantages of life assurance.
The financial and industrial character of the past Year,
especially remarkable for its extreme vicissitudes, has been
prejudicial to the progress of life assurance, inasmuch as the
sudden adversity which at once prostrates the resources of
provident foresight is not more unfavourable to institutions of
this kind, than the sudden prosperity which too often is apt to
neglect the rules of ..;rdinary precaution.
It is, however. highly gratifying to the Directors, notwith-
startling these discouragenients, which have so peculiarly
marked the past year, and so largely interfered with the bu-
siness of life assurance, to be able to state that the progress
of the National Loan Fund Society has been uninterrupted,
and its business for the last year even greater than in the
three preceding years combined.
Not to mention the number of life assurance offices whose
institution preceded the National Loan Fund, so many new,
though some of them short-lived, competitors, have sprung
up since that period, that the field of exertion would appear
to be constantly narrowed. There is scarcely to be found a
community of sentiment, occasional association, or casual in-
terest that has not been seized on, and exhausted in the
formation of new assurance societies.

As the expenses of management, particularly where so
much competition exits, must always form a considerable
item in each new establishment, however economically con-
ducted, it is a question worthy of consideration wheth sr the
assurer is benefited by the constant sectional subdivision of
his patronage.
In the course of the previous year the Directors have en-
deavoured, with care and assiduity, to extend the connexions
of the Society. They congratulate the proprietors on the
result of their efforts, and believe they have laid the founda-
tion of a stable institution, whose extensive range of fiction
and public utility will nut ha without its influence on the
policy-holders and the proprietors.
At the date of the mat meeting, the number of policies then
issued were 2,781. These have since augmented to
exhibiting an increase in policies of 769, and of new pre-
miums within the year of 12,691/.
Since the formation of the Society to the end of 1844". the
decreement amongst the assured hasamourted to 30,008t'. 16s.
In the last year the claims paid by the Society amortnt to
5,748/. 18s., making the total sum distributed to the repre-
sentatives of the assured 35,757/. 145., being less than the
expected mortality by 11,0271. Gs., and so far may be consi-
dered a proof of the care taken in the selection of lives.,
The Directors, in conformity with the deed of settlement,
have caused the annual investigation into the affairs of the
Society to be made by the Actuary; and it is now. pre-
sented, together with the accounts of the Athlitors,
and will be read to the meeting Following the: plan
of distribution laid down in the preceding annual
division of profits, of taking one-fifth of the reserve fin: d for
immediate distribution to the proprietors and policy-holders
of live years' standing, the prosperous position of the
Society enables the Directors, after reserving 30 per cent. of
this sum, to divide amongst the policy-holders entitled to
this distribution a reversionary bonus, varying from 35 to 85
per cent. on the premiums; and to the proprietors a bonus of
34 per cent. on the past year, in addition to the regular in-
terest of 5 par cent., already paid to them.
The following table, prepared by the Actuary, exhibits the
amount of the four last annual bonuses, to which the holders
of policies of five years' standing have become entitled,. with
the options of receiving the same in cash, or by addit ion to
their policies, or in reduction of annual premiums.