The Sun.
London, England, 1848-11-07 00:00:00

ASSETS.

f. 131,404,797 28
102,379,364 00
4,024,838
.77

Ora.sh and ingots
.Ditto in branch banks
Bills over due •••
Bills falling due in Paris, of which
15,539,2501. 9c. are from the branch
banks ••• ••• ••• •••
Bills in the branch banks ..
Advances on coins and ingots...
Ditto on French public securities ...
Ditto by branch banks... •••
Ditto to the State on Bons do Tresor...
Advance to the State on the lean of
150,000,0001. ••• ••• •••
Rentes of the reserve fund ... •••
Rentes, disposable funds ... •••
Investments of the new branch banks in
the public funds ... ••• ... 12,806,741 39
Hotel and furniture of the Bank ... 4,000,000 00
Real property of the branch banks 2,524,450 00
Loan of 10,000,000 f. to the city of Paris 4,500,000 00
Interest in National Discount Bank ... 200,000 00
Ditto branch banks ... 230,000 00
Bills protested at Paris 13,969,459 67
.Ditto at the branches ... 8,467,643 00
Expenses of administration of the Bank 480,842 71
Ditto of the branches 313,633 00
Miscellaneous ...
...• 674,793 19
Consolidation of Treasury Bonds ... 7,061,332 50

61,718,791 79
110,633,736 63
14,203,800 65
33,378,295 00
1,381,270 00
50,000,000 00

25,000,000 00
10,000,000 00
34,786,288 62

f. 634,340,078 20

LIABILITIES.

09ital . . f. 67,900,000 00
Ditto of the new Branch Banks ... 23,350,000 00
Reserve fund ... 10,000,000 00
Ditto of the branch banks ..., 2,980,750 00
Reserve-immobiliere ... 4,000,000 00
Notes to bearer, in circulation 362,980,475 00
Ditto of the branch banks ... 34,952,025 00
bitto to order (post-bills) 580,643 20
Account-current with Treasury creditor 1,755,365 63
Various accounts current ... 81,053,753 39
Ditto in branches 26,739,299 00
Bills payable at sight ... ... 2,976,800 00
Ditto at branches 1,684,283 00
Bills of the branch banks payable by
_ the Bank 5,170,354 37

bitto of the Bank payable by branches..
Dividends payable ... . .
Liquidation of the Algiers Bank
Discounts, interest, and expenses
Ditto branch banks ...
Re-discounts of the last six months
])itto in branch banks
Miscellaneous

2,132,586 00
208,120 00
503,809 04
2„ 890 336 72
2,177,183 00
422,932 27
... 641,233 00
... 192,160 18

E 634,340,078 20

DREADFUL CONFLAGRATION-
GREAT LOSS OF PROPERTY.

On Friday night, between eleven and twelve
o'clock, a fire broke out in Mr. Chadwick's wool mill,
at Villafield. From some unaccountable misma-
nagement, intelligence of the fact did not reach the
police-office; till half-past one on Saturday morning.
Two engines were immediately dispatched. They
arrived to see four huge, smouldering walls, where,
yesterday, there was a busy and thriving worsted
mill. Some delay occurred before the en-
gines were brought fairly into action, and
then their agency was used for the purpose of
preserving the outhouses attached to the
main building. Other two engines speedily arrived.
The building was a three-storied one, and, we be-
lieve, was filled with a large and valuable stock of
wool and worsted. The fire, it is said, broke out in
the first floor of the building, in proximity to the
boiler, but no facts on this point are definitely ascer-
tained. It is said that the building is insured, but
not the goode. An additional burden, we fear, is by
this melancholy catastrophe, thrown on our unem-
ployed list.
While we go to press the firemen are still direct-
ing their attention to the outhouses, which appear to
be in considerable danger.
The scene which the conflagration presented was
grand. Large masses of the burning material were
continually being thrown into the air, and the snow
wreaths, which have been driving about all the morn-
ing, bad a beautiful appearance, reddened by the
glare of the flames. A large concourse of people
assembled during the height of the conflagration, but
they have now dispersed.
Mr: Chadwick, we believe, has a navy contract in
hand.—Aberdeen Herald.

The gross traffic on the railways included in the cal-
' culation will amount to about 10,000,000/. for the year
1848; and the productive capital expended on them
amounts to 131,000,0001. The working expenses during
the first half of the present year amounted to 50 per
cent. of the receipts; and if they should only amount to
40 per cent. for the latter half of the present year, the
net profit will be about 5,530 000/., and allow of a divi-
dend of 4.23 per cent. per annum on the capital ex-
pended.

LAW INTELLIGENCE.
COURT OF QUEEN'S BENCH, Nov. 6.
(Sittings in Banco.)

THE RESPONSIBILITY OF THE STEWARDS OF FRIENDLY
SOCIETIES.--RAMDIOND V. BANDISH AND FENDALL.

Mr. WATSON now moved, in accordance with the leave
of the Learned Judge, to enter the ver lict, 81. 11s. for
the plaintiff, first, on the ground that the distress was
clearly bad, because it could not issue, looking at the 10th
of Geo. IV., c. 56, without the stewards having been
summoned to answer their disobedience of the ordar;
si condly, because the magistrates had no power to
award costs; and thirdly, because they had not nega-
tived two peculiar exceptions to persons receiving aid
from the funds of the society. No discussion took place
at nisi prius on the matter at issue. The Learned Judge
who tried the case seemed to be of opinion that the
question was clearly one for the decision of the Court.
Th.. COURT granted the rule.
SMALL V. NAIRNE.
_

This was an action on a policy of insurance on the
ship Susan, effected with the defendant, as one of
several underwriters, on the same vessel. The policy
was what is ordinarily called a time policy, commencing
on the 25th of September, 1843, to terminate on the 24th
of September, 1844. The vessel, at the moment at
which the policy was effected, was in the Indian seas.
In this policy it was agreed by the underwriters that
the vessel was in a seaworthy state, the plaintiff stating
that to the best of his knowledge and belief such was
the fact, and the vessel was valued at 4,500/., the policy
to which the defendant's name was attached being
effected for one-third of that sum. It appeared that
about the beginning of September the vessel sailed from
Madras for the Mauritius with two hundred and eighty-
eight coolies, emigrant labourers, and some goods on
board. In the course of the voyage the ship encountered
some very bad weather, and was obliged to put into
Trincomalee. It was not, however, allowed to enter
the inner harbour there, as one of the persons on board
was reported as ill of the small pox ; and after staying
one day at that place, the captain was ordered to quit
Trincomalee, or go into quarantine. lle preferred the
former alternative ; and though when out at
sea the ship had strained very much, and had made
from 30 to 36 inches of water per hour, he quitted Trin-
comalee, and steered for Madras, where he arrived on
the 25th of September. Madras is an open roadstead,
and as the leak of 36 inches per hour still continued, a
survey was held on the vessel, and, in accordance with
the opinion of the surveyors as to what was necessary to
be done, the captain set sail from Madras towards Co
rings, which is a port where repairs were practicable. In
making the attempt to reach Coringa the vessel en•
countered very severe weather, and the leak increased;
a council of those on board recommended the captain to
cut away the mainmast, to ease the vessel, and he gave
orders for that being done, and the operation was actu-
ally commenced, the starboard shrouds being cut away,
when the storm became so violent that the mainmast
went overboard. Being made of teak wood (for the
vessel was American built), it was very heavy, and in
falling overboard struck and sprained the mizenmast,
which, and the foretopmast also, went overboard. Being
unable to make Coringa, the captain put into Masulipa-
tam. There the ship was again surveyed, and was de-
cided to be so far injured as to require very extensive re-
pairs. These repairs could not be dune at Masulipatam,
and as the monsoon had then set in from the north-
west, the vessel was without its main and mizen masts,
and the crew had deserted it, and the coolies declaring
that they would not again put to sea in it, the captain
sold the vessel. It fetched nearly 1,2001. The plaintiff
have notice of abandonment, and claimed as for a total
loss. The defence was, that there had not been a total
loss by any of the perils insured against, but only by the
acts of the master. The case was tried at the London
sittings after last Trinity Term, before Mr. Justice
Wightman, when a verdict was returned for the plaintiff.

Sir F. THESIGER now moved for a rule to show cause
why the verdict which had been given for the plaintiff
should not be set aside, and a new trial granted He
contended that the jury ought to have been told that if
the vessel was capable of receiving partial repairs at a
port which it had reached, after suffering damage at
sea, it ought to obtain those repairs, and then pro-
ceed to a neighbouring port, where it could be com-
pletely repaired ; and that the master was not jus-
tified in selling because at the port which he first
reached all the repairs required to make the vessel
capable of undertaking a long sea voyage could not be
executed. Here the vessel was at Masulipatam, and it
might be conceded that the vessel could not, at that
place, get all the repairs necessary to enable it to pro-
ceed to Europe; but at a comparatively small distance
from Masulipatam was Coringa, where all the necessary
repairs could be performed, and whither, he contended,
the master ought to have taken the vessel. The master
ought to have had the ship partially repaired at Masuli-
patam, for the purpose of proceeding to Coringa to get
the repairs completed; not having tried to do so, the
owners could not recover as for a total loss. Again, the
jury had been told to consider whether a prudent unin-
sured owner would have sold the ship under the circum-
stances which existed in this case, whereas the question
ought to have been, whether, in the estimation of the
jury, the circumstances were such as to justify a sale.
Lord DENMAN said the Court would grant a rule on
the point of whether or not a partial repair should have
been made at Masulipatam; but on the other points the
Court would take time to consider.