The Sun.
London, England, 1870-11-28 00:00:00

121-114SIJN,i LONDON, MONDAY, NOVEMBER 28, 1870.

SPORTING INTELLIGENCE.

TATTERSALL'S—Tms EvENING.

CROYDON GRAND METROPOLITAN STEEPLE-
CHASE.

sto 1 agst David Copperfield (offered—t 11 to 2)
6to 1 agst Q.C., (taken and wanted)
6to 1 agst Souvenance (offered)
7 to 1 agst Lymington (taken and wanted)
10 to 1 agst Red White and Blue (taken)

DERBY.
10 to 1 agst Albert Victor (taken)
10 to 1 agst General (taken)

CITY BETTING.—THIS DAY.
CROYDON GRAND METROPOLITAN.
sto 1 agst David Copperfield (offered-11 to 2
taken)
11 to 1 agst Q.C. (offered-6 to 1 taken and
wanted)
100 to 15 agst Souvenance (taken)
10 to 1 agst Lymington (taken)
12 to 1 agst Red, White, and Blue (taken)
12 to 1 agst Ampleforth (taken)
GRAND NATIONAL HURDLE.
sto 1 agst Standard Bearer (taken)
6to 1 agst Ampleforth (taken)
7 to 1 age, Scarrington (taken)
Bto 1 agst Q.C. (taken)
10 to 1 agst The Czar (taken)
10 to 1 agst Bliss (taken)
10 to 1 agst Magdala (taken)
10 to 1 agst Broadlea (taken)

THE PRIMES'' PRIMERS.

An announcement has just been made in the very nick
of time that cannot but be most welcome news to every
School Board in the United Kingdom. The announcement
of an elementary library of School Books and Prize
Books for the Children of the People by a man of letters
well up to his work, one whose name has for year. been
associated intimately with the cause of The Poor—Mr.
Blanchard Jerrrold. As the first three volumes of the
series we are to have immediately issued from the press :-
1. " The best Teacher, a Primer Spelling-book, designed
to teach the child his first lessons from the book that
should be read always." 2. " Shakspere's Primer and
Spelling-book, designed to teach children their earliest
lessons in the English of Shakspere." 3. " Jeremy
Taylor's Reading-book, teaching both young and old the
rules of holy living and dying, from the page of the writer
whom Emerson has called ' The Shakspere of Divines !'"
The design is an admirable one, and we heartily wish it
that success which it is pretty certain at once to com-
mand.

A GOOD HUMOURED TIT-FOR-TAr.
A delightful little pamphlet, entitled " A History of
the Sale and Use of Tea in England," has just been
issued from the presi under the authority of the Licensed
Victuallers' Tea Association. It is as relishing and as
refreshing as an old-fashioned " dish of tea," in every
leaf of it ! It constitutes quite incidentally and un-
obtrusively a sort of commemoration of as well tempered
a turning of the tables as ever has been heard of. Ten
years ago, the now Prime Minister, then Chancellor of
the Exchequer, passed the Act of 1860 enabling any shop-
keeper to sell wines. The licensed victuallers considered
this a direct interference with their trade, and finding
that nearly eve' y grocer took advantage of the Act,
started a Tea Association upon the tit-for-tat principle.
Out of that flourishing institution has now come this
charming little brochure, giving a record of the rise of
Teadrinking in England. Anyone, everyone may read
it with interest—

" While the bubbling and loud hissing urn
• Throws up a steaming column, and the cups,
That cheer, but not inebriate, wait on each"—
cups containing what a century earlier than the poet
Cowper, the poet Waller had sung when averring—
" The Muse's friend, Tea, does our fancy aid ;
Repress those vapour. which the head invade,
And keeps that palace of the soul serene."
From this little pamphlet the reader learns how the first
English tea-kettle might have been boiled by the Great
Fire of London, Lord Arlington having in 1666 (according
to some rather doubtful authorities) imported tea for the
fiat time into this country ! How about that time it was
sold In England for £6 the lb. weight ! How it has become
purchaseable nowadays for 2s. 6d. the lb. ! How the East
India Company bought 2 lbs. 2 oz. of it as a present for
his Majesty King Charlea 11. ! How the imports of it
during this last year of grace 1869 have risen, at length in
lbs. m eight, to the enormous aggregate of 145,000,000 !

THE MONEY MARKET.

CITY, Two o'CLocx.
There is to-day a recovery in most securities. Consols
are quoted 921 to 92 for money and account.
Foreign Securities are firmer. Turkish, French, and
Italian are to 1 per cent. higher ; Spanish to and
Russian about

A recent partial recovery in the price of Erie Railway
shares has led to various conjectures. Among them is
one to the effect that some compromise is contemplated.
In that respect it is necessary to warn the public that no
compromise can be of the slightest permanent benefit
to the defrauded shareholders which does not involve the
removal of every person connected with the present
management. Even in such case there would be no
absolute security, because so long as they escape without
punishment and the judicature of the State of New York
remains in its present condition, it will be in the power
of Messrs. Gould and Fisk to commence a series of new
operations against this property, or, indeed, against any
property in which European investors may be interested.
It is only from the Supreme Court that any redress can
be looked for, and it is upon the decision of that tribunal
that the question whether there is the slightest protection
of any kind for, foreign holders of American Joint-St'ck,
State, or Corporate Obligations must depend. As to the
date at which the judgment of the Supreme Court may
be expected no information is given.
The Liverpool Journal of Commerce states :—" At a
meeting of the creditors in the case of Mr. Edmund
Thompson, in the Australian trade, the debts were stated
at £7,000, but the assets represented only about £lOO, and
an offer of ls. 6d. in the pound was accepted."
The Manchester Courier states :—" At a meeting of the
creditors of the late Mr. James Mellor, of Oldham, the
statement submitted showed the liabilities to be £11,600,
unsecured debts £4,600, and assets £2,900. A committee
of creditors was appointed."
The London and China Telegraph says :—" The meeting
of Glover and Co.'s creditors was held at her Britannic
Majesty's Consulate, Nagasaki, Japan. The liabilities
were stated to be $797,000, and assets 5550,000, showing a
deficiency of $247,000."
A bill just introduced in the North German Parliament
authorises an additional war credit to the amount of
ahout sixteen millions sterling,
A petition for the winding-up of the Afon Railway is
to be heard before Vice-Chancellor Malins on the 9th
December.