The Sun.
London, England, 1848-09-02 00:00:00

bitralT :2,1111".

LONDON, SATURDAY, SEPTEMBER 2, 1848.

Not only do we consider the Government culpable
in entertaining the project of a transference of Van-
couver's Island to the Hudson's Bay Company, but
we regard the members of the ruling Cabinet as de-
serving our most serious condemnation, for inasmuch
as they permit the atrocious administration of that
company to continue uncorrected. Every one who is
not implicated, either directly or indirectly, in their
transactions ; every one who is not either a shareholder
or a director in the Hudson's Bay Company acknow-
ledges that the maintenance of their rule in the
northern portions of North America has been, during
a period of 178 years, most disastrous to the territories
intrusted to their charge, and most destructive to the
cause of the diffusion of civilization. The first char.,
ter granted to the company was dated as far back as
16TO—that company consisting of not more than ten
or eleven individuals, whose mercantile enterprise
tended even then materially to their own advantage,
and in no manner to the commercial interest of the
United Kingdom. About sixty or seventy years
ago there were not more than four vessels employed
by the company, and those vessels manned by merely
130 seamen—their exportation of commodities, being
to the extent of 16,0001. in value, and bringing home
returns to the amount of 29,3401. Since that period,
the trade carried on through the four principal ports
of Churchill, New Severn, Nelson, and Albany, ha
been wonderfully extended—the result being exclu-
sively for the benefit of these gigantic monopolists.
If we only bear in recollection the extraordinary
nature of the eommodities drawn from the dominions
of the Hudson's Bay Company, we shall be compelled
to acknowledge that the British Government has
bee.n hitherto most lax in abstaining from the demand
of some sort of compensation from a body of men,
who, through the application of its leniency, have been
so singularly benefited. Without taking into account
the enormous profits derivable from the Hudson's Bay
fisheries, we will simply refer to the character of the
trade in fur and peltry. In our preceding observa-
tions upon this subject, it'will be remembered, that
we have maintained, in language as explicit as pos-
allele, that the interests of the company were directly
opposed to the most visible interests of civilization and
Christianity. We explained the accuracy of this
assertion by remarking that the chief care of the
directors would manifestly be to preserve their terri-
tories in such a condition as would be best calculated
to promote the propagation of the wild animals whose
skins are the principal commodities from which they
derive their revenues. To attain this end the most
obvious and the least difficult course is the prevention
of colonization and the entire avoidance of anything
approaching to a systematic cultivation of the
soil. The wilder the condition of their do•
minions the more prolific would be the
source of their emolument. And the necessity
of this prolific propagation among the wild beasts of
North America becomes the more comprehensible
when we reflect that those animals make up in
numerical abundance for the diminutive character of
the different species ; for instance, the tapurette,
which is the largest animal in the territories of the
Hudson's Bay Company, is scarcely bigger than a
calf twelve months old, while the Asiatic elephant
attains, in many instances, to the height of more than
fifteen feet. Again, the cougar, which is the tiger ;
the taquar, which is the leopard ; and the taquaretti,
which is the panther of North America, are, in their
respectivb dimensions, of comparative insignificance.
In testimony of this, it is only necessary to observe,
that while the Bengal tiger measures six feet in
length, exclusive of the tail, the American
cougar very seldom exceeds three feet from
the tip of the nose to the buttock. As
a token of how this smallness of size is counter-
balanced by prolific generation we may mention the
fact,hdo that European goats imported to the neighbour.
f Hudson's Bay have been found to diminish in
bulk in the course of a few generations,
pro-
portion as the size ofthe generati but in
animal decreased,'
its powers
w
of propagation
r increased, so that instead of
bearing one or two kids at a time, it would produce
as many as five, Si; and sometimes even seven at a
litter. It is clear,
thereforegatio
for undisturbed propa , that greater facilities
are requisite in the nor-
thern tracts of' the North
American continent than
g
perhaps anywhere else upon the l
obeinssmfuoerhtre
general abundance is the only
compensation
individual diminutiveness.

To this end the Hudson's Bay company have hi-
therto dirtcted the whole of their energies, at the ex-
penis of humanity, of religion, and of knowledge
The deductions derivable from the data of their in:
glorious history assure us that in their estimation the
extent of their dividends is of immeasurably more
account than the progress of enlightenment or the

spread of Christianity. As far back as theyear 1783
we find Mr. GUTHRIE inveighing against the

quitous spirit " displayed by the Hudson's Bay
Company in all their transactions. The shameful
character of their policy has been by no means im-
proved since those words were written ,by that

eminent geographer. Possessing an almost irre-
sponsible authority, holding over their subjects a

power of life and death, a thousand opportunities have
presented themselves for the exercise of a cruel and
unprincipled domination. In proof of this we need
only refer to the records of the Red River settlement,
records fraught with circumstances damnatory of the
character of the company. Until these statements
are satisfactorily disproved, we do conceive the Go-
vernment to be most culpable, not only in thinking
for one instant of resigning the noble island of Quadra
to the Directory, but in permitting the continental
administration of that Directory to pass unexamined
and unpunished.

THE FRENCH REPUBLIC.

We have received the Paris papers of yesterday.
The intelligence they bring with regard to the
affairs of Italy is not of a satisfactory character.
Austria is evidently attempting to shuffle in order to
take advantage of circumstances, and neglects :to
return any definitive answer to the offers of media-
tion made by France and England—perhaps, she
reckons on the probability of some reactionary move-
ment in favour of legitimacy in France, and the
failure of the recent attempt at Montpellier will, in
such case, hasten the movements of the proverbially
tardy Cabinet of Vienna. In the meanwhile, it is
satisfactory to find that the French Government will
not suffer itself to be trifled with. The Moniteur
du Soir contains the following semi-official announc-
ment of the intentions of General CAVAIGNAC :
" The affairs of Italy have taken an unpleasant turn.
After having delayed for so long a time its answer to the
propositions of England and France, the Austrian Cabinet
refuses to accept the mediation of these two powers,
alleging that the question is resolved in point of fact,
that Lombardy has entered ,once again under the hand
of Austria, and that it is for the Emperor now to treat,
and that 'without intermediation, for peace with the
King of Piedmont. It may easily be comprehended
what sort of peace that would be between the conqueror
and the vanquished. It is evident that when Austria
holds such language she must be speculating upon
those internal embarrassments that she supposes
are paralysing the action of the French Republic.
But Austria labours under a great delusion. The
Republic is too far engaged in the question to draw
back. The Executive Government, in anticipation of
a refusal, has already made preparations to meet such an
event. The army of the Alps has been reinforced by a
fifth division, and it has decided that if before the ter-
mination of the armistice Austria should not have given
a more satisfactory reply, the French army will cross
the frontier, and give its support to the Piedmontese
army.
" We yet hope that the Austrian Cabinet, better ad-
vised, will understand that since the 24th of February
the Italian question has become essentially a French one;
that the independence of Italy is placed under the gua-
rantee of the interests, the engagements, and the dig-
nity of France, and that the Republic cannot consent to
inaugurate its accession in the world by one of those acts
of weakness which have lost the Monarchy.
"But if Austria should persist in her blunders, it
would only remain for us to prove to her that the sons of
the soldiers of Arcolo and of Lodi have not degenerated
from their fathers."
The Messager states that the Baron DE WESSEX..
BERG, the Austrian Minister for Foreign Affairs,
has declared to the mediating Powers that in no case
will Austria consent to abandon Lombardy, to which,
however, she is willing to grant as liberal institutions
as possible. In the meantime France is taking prompt
measures to secure the independence of Italy.
A report was current to-day at the National As •
sembly (says the Patrie of Thursday evening) that
the Government had resolved in Council to send
4,000 men immediately to Venice, to defend it from
invasion by the Austrians. This report, connected
with the news in the Toulon journals this morning,
that several ships of war were gone to form a station
in the Adriatic, bears all the appearance of proba-
bility.
The Journal des Debats says :
"It is now positively stated that a French squadron
has received orders to proceed immediately to Venice
with a body of troops, ready to land if required. It is
added that this demonstration was to take place with
the concurrence of Great Britain, and that the integrity
of the Venetian territory would be guaranteed by the
two powers. On the other hand it is stated that the
negotiations between the Courts of Vienna :and Turin
will be more susceptible than has been supposed of a sa-
tisfactory solution, and that the Austrian Government
has evinced a disposition to abandon a considerable part
of Lombardy, including Milan and other fortified places.
The pecuniary indemnity claimed by Austria will prove
some obstacle to a definitive arrangement, but that con-
dition may doubtless be modified by means of nego-
tiations."
The following announcement appears in the Moni-
teur de l'Arniee :
"The Minister of War has just given orders to form
a fifth division to the army of the Alps. Its head-quar-
ters will be established provisionally at Dijon. General
Rachis has been appointed to the command, and the two
brigades of infantry will be under the command of Ge-
nerals Depanis and Maiziire."
Several regiments have been ordered from Algeria
to form this fifth division, and their place in that
colony will be filled up by new levies.
The Democratie Pacifique declares that—
" The Minister of War has given orders to form at
Marseilles a brigade of 4,000 men, destined for Venice,
and that the chef de cabinet of the Minister of War had
left Paris yesterday to join the expedition. England,
we are assured, is to send 4,000 men to the same desti-
nation." It adds—
" We learn this evening that orders have been given
to the fleet at Toulon to start immediately for Venice,
where there are two French ships of war already. The
fleet has orders to protect the town against the Aus-
trians, and if the situation of the Venetians should be-
come difficult, to support them with arms."
The Constiblionmel states that General CA VAIGNAC
declared to General MENGALDO, the Commander-in-
Chief of the National Guards of Venice, that if the
mediation were rejected, war would become exceed-
ingly probable.
A meeting of the editors of various journals was
held on Thursday, for the purpose of forming an
association for the protection of the liberty of the
Press.
It would appear, from the following announcement
in the Messager, that notwithstanding all General
CAVAIGNAC'S efforts, the editors of the suppressed
journals have discovered a method of giving their
lucubrations daily to the public, in spite of him. The
Messager says—
" The Representant du Peuple, suspended, as well as
several other journals, by a decree of the Executive
Government, is, it is said, about to re-appear. It resumes
its publications under another title, not at Paris, it is
true, but at Lyons, which, as is well known, is the most
active focus of Communist and Proudhonian doctrines.
Lyons not being under martial law, the Representant du
Peuple will thus be safe from a new confiscation. Pro-
visionally it can only be seized, and that with all the
forms and means prescribed by the laws of the press.
It is said that several other journals under suspension
are about to follow its example. Among them are named
the People Constituent, the Vraie .Republique, and the
Bouche de Fer."
General CAVAIONAC is to review the National
Guard of Paris on Sunday.
M. BENJAMIN DELESSERT, who was Prefect of
Police under Louis PHILIPPE, is one of the candi-
dates for the representation of Paris.
The Legitimatist outbreak at Montpellier has been
completely suppressed. On this subject the Riede
says—
" We do not wish to draw any induction against the
Legitimatist party from the deplorable accounts received
from Montpellier. We feel perfectly convinced that the
intelligent chiefs of this party are opposed to any at-
tempt calculated to lead France into civil war. We may
be allowed, however, without bitterness or personal feel-
ing, to repeat the warnings we gave a few days ago. It
would be an unpardonable folly on their part to persuade
themselves that they could return to monarchical legiti-
macy without torrents of blood to be shed on more than
one field of battle. We do not blame men for adhering
to their old faults; but all citizens, friends of order and
public peace, will comprehend, we are sure, that in the
situation in which the country is now placed, it would be
as culpable as dangerous to encourage even indirectly
excitations calculated to provoke explosions of party
hatred, and perhaps bloody dissensions."
We read in the Courrier Francais :—" A serious
difficulty, as is known, had arisen between England
and the Emperor of Morocco, relative to some
money differences between Dir. REDMAN, English
consular agent at Tetuan, and the director of the
Moorish Customs. It is stated that this difficulty,
which threatened to produce grave complications, has
just been arranged, in consequence of the mediation
of the French Government. It is also rumoured that
Spain has also decided to have recourse to our media-
tion, to put an end to the hostilities which have arisen
between her and Morocco."
In the sitting of the Committee appointed to decide
as to what should be done with the documents found
in the Tuileries after the revolution of February,
M. ATHANASE CoQuEEEL, the Protestant Pastor of
Paris observed that the further publication of these
matters could not be of any advantage to the State,
and that, consequently, all that ought to be done was
to set aside with care the documents of a purely
historical character, and to return the private papers
ri t
e s
her
two or
children,
hl
leldtrted bernes, q
eubxi
between
tehwa
eun
egnnewd o
wivesr tbheyt
w
to the Royal Family. M. Co*UEREL observed, that
oefenaFndrance not to
bands, between one member of aa motherftmeirl
y haannns
and
the others ; that the intercourse of a private life
ought to be sacred, even when the matter concerned
a royal family. He also considered that it might be
advisable to examine if the editor of the Revue Retro-
spective, although originally sanctioned in his publi-
cation by the Minister of the Interior of the Pro-
visional Government, ought not to be now advised to
discontinue the work. M. WOIRHAYE and M.
DEILY VY took the same view of the question.
The Minister Plenipotentiary to the King of SWE-
DEN has presented his credentials to General CA.
VAIGNAC.

We yesterday showed that the Government could
not justly be censured for the postponement of Irish
remedial measures during the present session of Par-
liament ; that, in fact, the absence of those legisla-
tive enactments calculated to improve the position
and prospects of the country, was mainly, indeed
altogether, attributable to the reckless and headstrong
conduct of those who brought the peasantry into col-
lision with the authorities, and who, like the advo-
cates of physical force in this country, proved
themselves the greatest enemies of rational
progress, constitutional reforms, and a well-
secured extension of popular rights and privi-
leges. Had it not been for the Young Ireland
party, we should now have to congratulate our Irish
brethren on a very material improvement in the fran-
chise, which, although not going to the full extent
we should ourselves have desired, would have nearly
quadrupled the number of voters. That such a mea-
sure was most urgently required may be proved
by the fact that, out of a population exceeding
eighL. millions of persons, there are but 85,262
who are entitled to the legislative franchise—in
other words, that nearly ninety-nine per cent.
of the entire population are wholly unrepre-
sented. It requires no argument to prove the
injustice and impolicy of a system that could produce
a result so monstrous.
The other measures were, however, of even
more immediate urgency. The improvement
in the franchise could not effect any very
great present advantage; it would be a work
of time before the country could reap the full be-
nefit thereof. It would certainly create a feeling of
confidence in the justice of Parliament, would afford
evidence of its determination to remedy the griev-
ances of Ireland, and would thus be very valuable
as removing some of the discontent that prevails
throughout the island. But it would scarcely affect
the first great want, without which it is vain to
hope for any permanent or lasting ameliora-
tion in the social condition of the people.
Full and adequate employment for every person able
and willing to work, at a fair and remunerating rate
of wages, is that which is now required, and if that
can be provided the country will speedily become
prosperous and contented ; but until that can be
effected it will remain in poverty and wretchedness,
a burden upon the resources of the empire, and the
chief difficulty of the Government.
Some of the postponed measures would have power-
fully contributed to this great result. The Landlord
and Tenant Bill, which would have induced the
occupiers of the soil to expend their labour
and capital in its better cultivation, would have
been peculiarly valuable. The report of the Com-
mission, of which Lord DEVON was the head, strongly
recommended that means should be taken to afford
full compensation for permanent and lasting improve.
ments, either in the shape of a certain tenure of the
land, or of a pecuniary recompense in the event of
the parties being turned out of possession, or the rent
improperly raised. And yet, although three years
and a half have elapsed since that recommendation
was given, nothing practical has as yet been done to
carry it into effect. If the Ulster tenant-right
which has operated so beneficially in the
districts in which it has been recognised
were legalised, and extended to the whole
of the country, there would be no neces-
sity for the more limited measure, which, although a
step in the right direction, could scarcely be expected
to produce such happy results as a system that has
stood the test of long experience, and which, we
fearlessly assert, has been alike beneficial to all classes
who came within its influence, not less so to the pro-
prietor of the soil than to the occupying tenant.
The Bill Ifor facilitating the sale of incumbered
estates is undoubtedly a useful law, which will ulti-
mately give a solvent and unembarrassed proprie-
tary, able to assist in carrying out important
improvements, and to bring their respective estates
into the highest degree of cultivation ; but it will be
many year:, before the necessary changes can be
effected, and perhaps during the progress of these
alterations still less may be done than would other-
wise have been the case. But even, if the incum-
bered estates had actually changed hands (a matter

which it will take many years to accomplish), the ob-
ject of the Legislature can never be fully carried out
unless the energies of the occupiers be enlisted
in the undertaking, and they exert themselves heart
and hand in zealous co-operation with their landlords.
To promote this cordial understanding should be the
chief end and aim of the Government. The Premier
in his present visit to Ireland may have an opportu-
nity of judging for himself the means by which the
desideratum may be attained. He will see the people
active, happy, and contented in one district, the fields
well cropped, a judicious system of agriculture pur-
sued, and the utmost produce obtained from the
lands ; wherever that is the case, he may assure
himself that the Ulster tenant-right is in force,
or that the tenantry, either from the possession
of leases or the well-known character of their land-
lord, are certain of enjoying the full value of the im-

provements they have effected by their own industry.
In another locality he will see land of, perhaps, a
superior quality, not yielding half the produce. He
will find a lazy and idle peasantry, and hear of
evictions, and distraints, of large arrears of rent to
the landlord, and outrage and disturbance in the dis-
trict. The peasantry may be blamed, but they have
no motive to exert themselves--they know not how
long they may be continued in possession of their

holdings ; it is, therefore, not worth while to improve

them. So matters continue from year to year,

while complaints are heard on every side of hard,

hearted landlords and of improvident and good-for,

nothing tenants. Is it not worth while trying, whe.

ther if the practice were assimilated in these districts

the results might not also be similar, and that the

causes which produce an industrious and contented

peasantry in Ulster, (might not be followed by like

effects if brought into operation in Connaught or
Munster?

SPAIN.

Madrid journals of the 26th and 27th ult. have
arrived.

There were rumours of Ministerial modifications,
and of Carlist and Progressista conspiracies, rife in
Madrid. GoiazAmts BRAVO and his family having
refused to leave Madrid, had been sent off to France
under an escort of police.

There was a conference held yesterday at the
hotel of the Minister of Foreign Affairs, at which the
Marquis of NORMANDY was present. The affairs of
Italy were discussed. General LAMORICIERE was
for the immediate march of the army across the
frontier, the counsels of General CAVAIGNAC were
more pacifie. Troops and artillery are daily passing
through Paris en route for Dijon.
In the bureaux of the Assembly yesterday General
CAVAIGNAC explained his conduct as regards the
suppression of various journals. He stated that the
Government had no desire to prevent their discussing
the project of the Constitution, and that it was only
for the safety of the Republic that he had made use
°Phis power against extreme opinions. He consi-

THE SUN, LONDON, SATURDAY EVENING? SEPTEMBER 2, lB4B.

dered that the Republic should not be attacked when
it was being founded. General CAVAIGNAC referred
also to the meeting of the conductors of newspapers,
stating that it was of no importance, since those be-
longing to the more influential ones had not attended
it. He also spoke of the intention of suspending the
Constitutionnel, which he denied.

Malmo, announcing that the armistice had been
concluded, and the ratifications would he exchanged
on Friday, September 1. M. VON BELOW had caused
the above intelligence to be sent thither.

RUSSIA.
The Silesian Gazette says that the nobility of the
three Governments nearest to St. Petersburgh are re-
solved to oppose the execution of the last Imperial
ukase relative to the great levy of recruits, and to
take up arms against the troops.

BOURSE—PARIS, FRIDAY, SEPTEMBER 1.
THREE O'CLOCK.—The same disquietude as yester-
day, about Italian affairs, produced a further decline►
both in Stocks and Railways. Bons di' Tr isor, 22i dis.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK-EXCHANGE, Sr.er 1.
Namur and Liege, 414 ex int.—Northern of France, 63%
ex int.—Orleans and Bourdeaux, 11,4 ex int.—Paris and
Lyons, 4—Paris and Rouen, 17 ex div.—Paris and Stras-
bourg, 11/2—Tours and Nantes, 13/4.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
'The Cotton market at Liverpool yesterday was
steady. Sales, 6,000 bales. The sales of the week are
39,410 bales.—ln Railway Shares the business done was
more limited.
The Bank of England weekly return to the 26th ult.
is again favourable under circumstances. The amount
of the precious metals, in consequence of steady imports
by private ship, as well as of the remittances from Russia,
was larger, and the public deposits were increased, as is
hoped, in consequence of duty payments rather than
from:any anticipations of the new loan. The employment
for the funds of the corporation does not increase, for
the other securities stand nearly as before, and the cir-
culation was smaller. The principal features in the re-
turn aro these:—
Notes issued 16,853,120
Increase 80,475
Rest
. ... 3,556,686
Decrease
Public Deposits 4,868,374
Increase ... 323,276
Other Deposits 8,715,882
Increase
Seven Day and other Bills
Decrease
Government Securities
Other Securities
Increase
Notes
Increase
Bullion
Increase 132,116
Active circulation
Decrease
The mail from Brazil and Buenos Ayres brings no
very satisfactory intelligence either of a political or mer-
cantile tenor. Trade was dull, and the River Plate
question apparently as far as ever from a settlement.
Graham's Town, Cape of Good Hope, papers to June
6 state that affairs at Natal were unsettled. Pretorius
was endeavouring again to excite ill- will towards the
British authorities; but it was hoped that the Boers ge-
nerally would not join him.
The following is a statement relative to the Man-
chester market by Messrs. M'Nair, Greenhow, and Ir-
ving, which came to hand this morning:—
" Unquestionable proofs have confirmed beyond all
doubt, we lament to say, the existence of an extensive
disease in the potato crop of the United Kingdom. This
important fact, coupled with the prevalence of very un-
favourable weather during nearly the whole of the
month, which naturally engendered much anxiety and
alarm for the safety of the harvest, and the unsettled
political condition of the continent of Europe, have ne-
cessarily exercised a very unfavourable and depressing
influence over the trade of this district. Owing, however,
to a favourable change in the weather during
the last few days, and a pretty general belief
that the existing differences between Germany
and Denmark, and between Austria and the Italian
States, will ere long be peaceably adjusted, the market
has assumed a more cheerful aspect, attended with a
slight improvement in the demand at somewhat firmer
rates."
The Stock Market is still depressed by the accounts
from Paris, although they are in some respects of
rather a more favourable character. Consols have been
851 i, New Three-and-a Quarter per Cents. 861 L, and
the Three per Cents. 86 to i. Bank Stock is 196 to 197.
Exchequer-bills are 275. to 30s. premium.
The Foreign Market presents a complete blank.
Nominally Spanish Three per Cents, are 23 to I, Portu-
guese Four per Cents. 22 to 23, and Dutch Two-and-a-
Half per Cents. 446 to 456.
Railway Shares are rather flat again.
BRITISH FUNDS This DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 196 197
3 per Cent. Reduced Annuities-- B6 86%
3 per Cent. Consols Anns 85% %
New 314 per Cent. Arms. 86%
India Stock —
Do. Bonds, 10001 22 19 p
Consols for Account
Exchequer Bills. 21;2d.
March.
1,0001.
Small 3O 31 p 25 p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Brazilian Bonds, 5 per Cent
Ditto Small
Dividends on the above payable in London.
BUSINESS DON.r. IN RAILWAY SHAltEil AT ONE O'CLOCK
RAILWAYS. PAID. Pea SHARE.
Aberdeen
Amber., Notting., Boston, &c 33,
Ayrshire and Galloway
Belfast and County Down .. 16 .. ..
Birmingham & Oxford June... 20
Birmingham, Wol., & Dudley 10 ... .
Binning., Wol., & Stour Val. 131.148.... --
Birkenhead, Lancashire, and
Cheshire Junction..
Boston, Stamf., & Birming... 5
Bristol and Exeter
Do., Thirds
Buckinghamshire..
Caledonian
Ditto, Half Shares
Ditto, New 10/. Preference 2% — to
Ditto. Clydesdale Junction 50
Chester and Holyhead 471 ....
Ditto, Preference
Clarence.
Du., tat Class, 6 per Cent... 10 -
Do., al Class, 5 per Cent... 10
Do., Gov. Loan, 4 per Cent. 10
Direct London & Portsmouth 514 —
Dublin and Belfast Junction.. 30
Dundalk and Enniskillen ... 20 ......
East Anglia, 251. L. & E.,
and L. & D ..
Ditto, 18/., E. & H
Ditto, 31. 108., E. & H... 3% — to
i,:astern Counties
Do. New Gua rant. 6 per Ct. 5
Do. Perpet., 5 per ct. No. 1,6/. 13s. 4d —
...... to
Do., do N 0.2,61. 13s. 4d... . ... to
Do., Northern & Eastern,.. 50
Do., 5 per cent.
Do., Quarter .... . ...... ...... 12% ...
D0., New
Eastern Union, Class A (late
E. U. Shares) ..... ... .. 25
Ditto, ditto, Class A, ditto 1
Ditto, do, Class B (I. & B) 20
Ditto, do, Class C, ditto... 173( — to
Ditto Scrip (gua. 6 per ct.) 10
Ditto, ditto ...... .....—.... 20 ......
Ditto (C. & E.), 5 per ct. 2i4 —
East Lancashire
Ditto, New
Do., New Quarters
Do., 6 per Cent. Preference
Quarter Shares 4!.4( ......
East Lincolnshire -
Edinburgh and Glasgow
Ditto, Half Shares
Ditto, Quarter Shares 123 -
Edinburgh and Northern ... 25
Ditto, New .. 64
_. ...... to
Ditto, New port l3 -
Ditto, ditto, New 33/1 — ...... to
Exeter, Yeovil, & Dorchester 2% — ...... to
Di' New -. 2%

2d.
June.

Atto, New ... ,,4 —
Glasg., Dumfries, & Carlisle-8/. 65.8 d..• -
Glasgow, Kilmarnock, & Ayr rj, ......
Ditto, New
Do. Preference Consolidated 15
.....-7
...........
ttto: —.7%
Great Northern l7
Do. London & York Exten. 2%
Gt. South. & West. (Ireland) 42% 22%.. . . to --
Great North of England 100 ...... -- ...... to
Ditto, INt w 404 4O ...... .... to Ditto, ditto
..... -.- ..... to
Ditto, New 301 ... 30
... .. ...... to Ditto, New 154 .. ... ..... 14 ...... _ .
...
to
Great Western 9O
...... 81 x.d.... to 80 x.d.
Ditto, Half Shares 5O ...... ... .
Ditto, Quarter Shares
Ditto, Fifths 2O ...... 17% x.. to
.
....
Do. New 17/ ........ 13 .. ...
"'9 to _
% x..dd. to
Huddersfield and Manchester 28
.. ... Dittc, Thirds ............... ... 9 -- ...... to.
Hull and Selby ................. ...... .....
.50 ...... ...... to -_Ditto, Half Shares ... ...... 25 . ... 48 to
x.d.... to
to
Ditto, Quarter Shares.... - 12% - —
Do., Thirds
to
to
10
Lancashire and Yorkshire ... 93
Ditto, ditto ......... 66
...
Ditto Half Shares ... 43 ... . ......
Ditto Quarters
to —.
to
Ditto Fifths
Ditto Sixteenths ... ..... ... C1A...-. s!ii to
Ditto Thirds (Reg.) ...... 13 ...... to
Do., New Guar. 6 per cent. 2% — to
Do. Liverpool and Bury... 43
Do. (Iludders. and Sheff.) 38
and Goole ....... .. ....... 50
Do., West Riding Union... 6
""
.
Do., Preston and Wyre
... 25 ....
Do., do., Half Shares (A) 9% .. ....
Leeds and Bradford .50 •
•••
to .....
Leeds,Dewsbury,& blanches. 50
Do., Half Shares
Ditto, Blue (scrip) .....
.... 2% — to
Leeds and Thirsk ...—.. 5O
Ditto, New
Do., do., Prefer., 6 per Cent. 3%. ....
Liverpool, Crosby, and Sout h-

_
port.. 3% — to
Liverpool, Manchester, ana
Newcastle Junction. ...... ... 21,/e —
London & Blackwall ......131. Gs. 8d....
Do. Extension ..... 221;
Lond., Bright., & South Coast 50 27,3/4 x.d. to 27% x.d.
Do. Guaranteed 5 per Cent. 9 . ...
De. Pref. Cony. 5 per Cent. 50 ...... ..
Ditto, ditto 1852 50 .. „,
Do., New, guar. 6 per cent. 3
London and Greenwich... 124 15s. 4d -
Ditto Preference lBl 178 2d... ...... to
London & North Western.....loo 115%34... to
Do. Quarters (L. and B.) 22
D). New
7
Do. Fifths
Do. 40/. Shares... L. & M 25 ...... ..... to
Do. 10/.... M. and B. (A.) 9 .... . ..... to
Do. 10/. .. M. and B. ( B.) 9 ..... ...... to
Do. 101.... M. and B. (C.) 1
London and S. Western...-. 50
Ditto, New 504....... ...... 42%..., .._.
... to
Ditto, New 404... ..... -.. 34
...... to
Do. Tenths (Consolidated) 50
...... to
.......
Do. Tenths (Consolidated) 40
Ditto, Thirds ... . ....... lIL 13s. 4d
Do., New Scrip, 1848, Pref.
7 per Ct. on Deposit and
5 per Ct. on Calls .....11. 13s. 4d
London, Salisbury, & Yeovil 1% ...... 1 ii. ..".... to --
Londonderry and Coleraine... 27% ...... •-
....
„
t --
Londonderry and Enniskillen 25
...... :::...
Lowestoft (guar. 4 per cent.) 20 .. to to .'
. Ditto (guar. 6 per cent. . ..... 3 .... .. .....•
to
&tench, Buxton, & Matlock 4
...... to
Manchr, Sheffield, and Linc.loo ......
....... ....
ttoo =— 14
Ditto Shares ( No. 1) ... 18 . ..•
...
....... to
Ditto, ditto (No. 2
) 25 .
.....
...... to
Ditto, 1/8 Shares (No. 3 ) 7%
Do., New 10/. Preference.. 10 ...... to
...
Ditto, ditto. ..... - ........... 11
•,..•• to