The Sun.
London, England, 1846-12-16 00:00:00

ritiE StIN, LONDON, WEDNESDAY EVENING, DECEMBER 16, 1846

THE WEATHER.—SIM OFFICE, DECEMBER 16.
T'IERMOMETER, Lowest, 23; Highest. 30 ; Noon, 32,
BAROMETER, 29.72.—W1ND N.E., fine.

to enforce the immediate payment of his charge, and act
in the most harsh and oppressive manner towards his
unfortunate debtor. 'We have already (in The Sun of
the 4th instant) pointed out the fearful sufferings that
would be entailed on the proprietors of encumbered
estates, the enormous waste of money in useless and
unnecessary litigation, and the serious national injury
that would be occasioned by such proceedings
becoming general. To that the encumbrancer may
reply, how is he affected thereby, and why should be
be expected to give up any of his rights ?—that he
will give no indulgence, but will enforce immediate
payment by every means allowed and sanctioned by
the law. lire trust there are but few who would use
such an argument, and who would seek to exact their
pound of flesh under such circumstances; but, as
there may be some so utterly selfish, and regardless of
every higher consideration, it is desirable to show, that
by adopting such a course, they would deprive them-
selves of the payment of any interest whatsoever for
several years, a period much longer than that which
would be rendered necessary by the urgency of the
distress and the difficulty of obtaining payment of
rents throughout the greater portion of the kingdom.
Should they decide on filing a bill, a considerable
time must be spent in obtaining the necessary in-
formation to lay before the equity pleader, in order to
enable him to prepare the draft. The engrossing,
serving subpoenas, and getting in the answer of the
principal defendant, would also occasion so great a
delay, that an order for a receiver could scarcely be
obtained over the lands, under the most favourable
circumstances, before next long vacation ; there
would then be the time that would elapse while the
Master was approving of a fit and proper person for
the office ; and, when appointed, the new receiver
would be allowed a period of fifteen months to pass
his accounts. The Master would then fix a time for
him to bring in the balance in his hands, before which
period the creditor could not hope to obtain a single
shilling on account of interest, on his demand., He
would also have a heavy outlay to his own solicitor,
no part of which could be repaid until the final
termination of the suit. This simple statement,
showing that between two and three years at the least
must necessarily elapse before even any portion of the
interest would be paid, may sat'sfy such a person as
we have alluded to, that it is not his interest to throw
the property into Chancery so long as there is a
reasonable hope of his obtaining payment by other
means.

HIGil WATER AT LONI)0S-BRIDGE THIS DAY.
Morning .. minutes after f Evening .. 17 mtnates after 12.

The sufficiency of the security must be estimated
by the value of the estate, and the amount that could
be obtained therefrom, when brought for sale into the
market. The latest public sales of property that
have taken place will fully establish that neither the
present distress of the country, nor the heavy sums
presented at sessions, under the Labour-rate Act, nor
the state of the Money Market, have had any effect
in depreciating the value of real property in Ireland.
Take for example the prices realised for parts of the
estate of the late Earl of BLESSINGTON, which were
sold under the decree of the Court of Chancery,
within the last few weeks. The sale commenced on
the 23d ultimo, and was continued, by adjournment,
until the 7th instant. It would be impossible,
therefore, to contend that every circumstance of the
times that could awaken the fears of purchasers
were not fully known, and maturely considered ; and
yet we find that some of the property in the county
Tyrone produced no less than from 35 to 39 years
purchase, a rate as high, we venture to say, as almost
any that had ever been obtained in Ireland. Scarcely
any were disposed of at less than from 2.5 to 27 years'
purchase, and it is said that several of the sales will
be opened by over-biddings. Whatever, therefore,
may be said of the unfortunate condition of the
landed proprietors, and the ruin that awaits them, it
is manifest that it has not had the effect of deterring
capitalists from investing their money in the purchase
of land. In order to show that they have not formed
a rash judgment, it will be necessary to inquire into
the circumstances of the people, and the burdens that
may be placed upon real property by reason thereof.
It is now generally admitted on all sides that the
able-bodied poor must not be allowed to become
destitute, but that a sufficient quantity of employment
must be provided to keep them in constant occupa-
tion. The landowners themselves admit the claim of
the labourer to a maintenance out of the lands on
which he was born, and to which he belongs; they
avow themS'elves ready to adopt any measures calcu-
lated to effect that great object, and they only a.k
that the labour may be expended on the cultivation of
the soil, in works of a beneficial and reproductive
character; they seek that they may be permitted to
direct the exertions for which they must pay into the
most favourable channel.
This is a moderate and reasonable request,
and there is no doubt that it will receive the
attentive consideration of the Legislature. Within
a few short weeks Parliament will re-assemble,
and Ireland its affairs and prospects, its exi-
gencies, and the means necessary to overcome its
difficulties—will assuredly form the most prominen
topic for discussion. The measures that will be in-
troduced for the employment of the people will not
be of a similar character to the Labour-rate Act of
last session. We have the assurance of the Noble
Lord at the head of the Ministry that the provisions
of that Act were carried into execution in a spirit
totally different from that which was contemplated
by the Ministry when bringing it in. It was intended
merely as an auxiliary to private exertion—it was
made the chief, if not the only source of occupa-
tion. The embarrassed and badly-disposed occupiers
made it an excuse for withholding the scanty and in-
adequate quantity of employment • which they
had been in the habit of affording, and
permitting their lands to get, if possible,
into a still more disgraceful state than usual,
while those who were willing to perform their duties
faithfully, and to provide the quantity of employment
that would fairly be chargeable against them, were
unwilling to bear a double portion of expense, and
to be taxed for the negligence of their neighbours.
They, consequently, in many instances, discontinued
the works they had commenced, and cast their la-
bourers also on the public fund. Such a state of
things could not continue, and the very magnitude of
the evil will, to a certain extent, be valuable, as it
will serve as a beacon light and a guide to the Senate,
pointing out the dangers that are to be avoided in the
new enactments that may be introduced.
The public works that have already taken place,
and which may be carried into execution before the
introduction of the new system, cannot be considered
as injurious or unprofitable, or as entailing any very
severe burden on the land. The amount already ex-
pended may be taken in round terms at half a million,
and if we allow a further expenditure of one million and
a half sterling, which would provide occupation for
400,000 labourers (representing about two millions
of people), for a period of fifteen yr eeks, by which
time the new measures will be brought into operation,
it will amount to less than one-sixth the rental of the
kingdom, but, as the payment will be spread over a
period of ten years, the stkm to be levied will be some-
thing less than threepence-halfpenny in the pound,
or one and a half per cent. per annum on the rental of
the country. There is nothing so very formidable in
this to fright the isle from its propriety, or toin-
duce persons to occasion real danger, in order to
avoid a phantom. It is less than half the charge for
income-tax which many persons in England are ob-
liged to pay, and from which Ireland has been
exempted.
The value of those public works that are now
in progress, and the other benefits to the land-
owners, far exceeding the responsibility to which
they will be subjected, we shall show on a future
occasion.

A letter from Athens, of the 30th ult., says—
The opening of the third session of the Congress
seems to prove that, notwithstanding the illness of the
President of the Council, M. Coletti, the Ministry will
not only be strong enough to contend with its enemies
in the Chambers, but even to maintain its majority.
It is true that the Opposition has succeeded in ob-
taining the election of M. Anastase, one of its candi-
dates, to be a Vice-President of the Senate, but this is
rather to be attributed to the fault of the Ministerial
party than to the strength of its adversaries. Beside s,
the Government has got all its candidates chosen in the
Chamber of Deputies. The Opposition candidate for the
Presidency, M. Flachos, had only 22 votes out of 85.
During the last fortnight the health of the President of
the Council has been improving, and it is hoped that he
will soon be able to resume his place at the head of the
Government. On Friday the King visited him, and sat
by his bedside for nearly half an hour ; his Majesty in-
formed him that the King of Bavaria had conferred
upon him the grand cross of the Order of Merit. On
retiring, the King expressed to M. Coletti's family his
joy at the approaching.re• establishment of a man so gene-
rally beloved in Greece. Prince Oscar of Sweden ar-
rived in Athens two days ago, and it is said means to
make some stay."

The persons comprised in the affair of Rimini, and
who, after taking refuge at Fiume, on the coast of
Dalmatia, had been imprisoned by order of the
Austrian Government, have arrived at Ravenna, with
passports sent to them by the POPE, who has forgiven
their offence, and given them leave to return to their
native country.

Letters from Rome state that the differences be-
tween the Government of Spain and the Holy See
have been adjusted.

We read in a letter from 'Warsaw of the sth—
"The ukase relative to the dress of the Jews has
produced a great change in their social relations. A
great number of the Jews of this city are much
pleased with the ukase, as it enables them without
dread to assume the modern costume. Many of them
retained the old dress only out of deference to some
members of their families."
A letter from Tarnow (Austrian Galicia), in a
' Frankfort paper, states that several bands of armed
peasants have been formed near Mount Feilra, with
the famous SZELA at their head.
Intelligence has been received at Vienna that M.
DEMBINSKJ, chief of the insurgent Poles, who had
disappeared after the defeat of the nobles of Galicia,
near Lissa, has been arrested at Cilly (Carniola).
He had been concealed in Hungary, and by means
of a false passport,
arrested.
The Universal German Gazette mentions a report
BORDEAUX intends in the spring to
that the Duke Da was travelling with a lady when
fix his residence at Troves.
The Police Gazette of St. Petersburgh, of the Ist,
contains an order in the name of the EMPEROR
against the making of explosive cotton by private indi-
viduals, on account of the dangers attending the pre-
paration, and also
against all experiments with this
new substance, except by special permission from the
authorities.

_
I We invite the public attention to a letter signed
" VIGILAXS," which appears in our columns this day.
The subject is one of paramount importance to a vast
body—to all pos'essed of slender means, who are not
enabled to pay the higher fares demanded by the
railway companies for the conveyance of first and
second-class passengers. A great improvement has
of late years taken place in the accommodation We have received the Paris papers of Monday.
afforded to the less wealthy portion of the public by They contain long accounts of the elections of the
mayors and assistant-mayors
several of the better managed lines, but much remains_____
of the different arron-
still to be done, and we are convinced that the best dissements of Faris, which were then proceeding. On
interests of the companies themselves will be pro- Monday morning R. BARBET, the friend of AL
rooted oted by due attention being paid to the comforts of TIMERS, was at the head of the poll. His election
,
all classes. On the first introduction of the railway ; will be considered by the Opposition as a great
system an erroneous idea appears to have prevailed I triumph.
amongst the directors, that it was necessary, by every I It appears from the following article in the Porte-
means in their power, to discourage all parties who Ifeui//e, that the protest against the valuation of

might have resort to the cheaper class of carriages,
either from motives of economy or necessity. Third-
class passengers were subjected to every description
of inconvenience. They were conveyed almost ex-
clusively by slow trains, that consumed double the
time in the journey that was occupied by the more
favoured ones. They were dispatched at the most
inconvenient hours of the day, and in carriages that
would seem to have been constructed for the express
purpose of ascertaining how great the quantity of
discomfort the public could be brought to submit to.
The vehicles were wholly uncovered, without seats
of any kind; the passengers were huddled toge-
ther like a flock of sheep, without means of
sitting down during the journey, or resting them-
selves in any way. In summer they were scorched
by the heat, in winter they were exposed to the in-
clemency of the weather; and at all seasons they had
no protection from the cinders or ashes that might fly
from the engine, next which they were generally
placed, that they might receive the chief danger in
the event of any accident. We have no doubt that the
seeds of disease and death were sown, in many in-
stances, on such journeys, and that numerous widows
and orphans might trace the loss of husbands and
fathers to illnesses originated from such sources.

Cracow, after it had been drawn up by M. GUIZOT,
was submitted by the KING to a secret council of
irresponsible advisers, consisting of Count MOLE, the
Duc DECAZES, the Duc PASQUIER, and some other
friends of the dynasty, and was by them considerably
modified before M. GUIZOT was permitted to submit
it to the responsible advisers of the Crown. We know
not whether this is the usual manner in which "they
manage these things in France," but we know that if
in England the SOVEREIGN were to submit the
official documents drawn up by her responsible
Ministers to an irresponsible clique, that the respon-
sible Ministers, no matter to what party they
might belong, would at once resign. M. GuizoT,
however, seems rather pleased than otherwise at this
manifestation on the part of the KING of want of
confidence in his responsible advisers. The following
is the article in the Portefeuille:—
" 'The first point was to decide whether the protest
was to have the character of a note or of a dispatch. In
other words, was it to be sent directly to the Court of
Vienna or to M. de Flahault? The form of a dispatch
appeared preferable, because it gives to an able diplo-
matist the opportunity of employing all the resources
of his personal influence. M. de Flahault possesses a
perfect tact, uses most conciliatory language, and his
mode of acting is marked by the most perfect polite-
ness; he enjoys at Vienna general esteem; all
the highest society frequents his drawing-room;
he is on excellent terms with Prince de Metternich;
he is consequently in the best possible situation to
make use of a dispatch from his Government. That
point being decided, it was necessary to fix the
character of the protest. It was meditated at length,
all the terms were carefully weighed, and, before being
submitted to the approbation of the Council, it under-
went, we are assured, considerable modifications. We
believe that we can even affirm that some high person-
ages, admitted within a sanctuary closed to vulgar eyes,
were consulted. Their experience, their age, their ele-
vated functions—the part they have taken in the affairs
of thecountry—rendered them worthy of such confidence.
They all, it is said, approved of the changes effected in
the language and spirit of the protest. We believe we
can also state that two eminent members of the diplo-
matic corps were allowed to see it when modified; and
probably M. Guizot informed them of nothing: new
when he read it to them. The wording in its corrected
form received the approbation of the Council of Mi-
nisters. We are well pleased that the matter passed in
this way. If the sentiments of which the Presse had
made itself the imprudent organ had prevailed, who
could say what the consequences of the protest might
be? We have already hinted at them, and we persist in
saying that in a menacing protest, particularly in the
present state of our relations with England, there would
be both folly and weakness. Let us be grateful for the
prudence which knew how to preserve France."
According to the Esprit Public, M. TRIERS was
asked to join the secret council of irresponsil:les, but
he very properly declined to do so, alleging as his
reason that, " should he feel disposed to criticise it
before the Chamber of Deputies, he would rather do
so on the assumption that the document in question
was the work of Ministers."
The remarks which have appeared in the English
papers on the reception given by France to the Bey
of TUNIS seem to have caused considerable excite-
ment in Paris. The France seems to be of opinion,
that M. GUIZOT will have to pay dearly at Constan-
tinople for his petty triumph in Paris :
" The reception of the Bey by the French Govern-
ment has already roused the susceptibility of Great
Britain. Our jealous neighbours seem disposed to be
angry at the very slight satisfaction which M. Guizot
has given to himself. One London journal has even
laid hold of the circumstance in order to launch out into
absurd declamations against us. According to this
journal, it is a great liberty on the part of the French
Government to receive the Bey with the honours due
to a sovereign prince, when the other Powers, par-
ticularly England, refuse, out of respect for the
Porte, to give him that quality. These scruples do
not come very well in the present circumstance. We
know, thank God, that the English are much less
scrupulous when it is their interest to be so, and
we shall take care not to advise-the French Cabinet
t.,0 give way to the reproaches which are addressed to it.
But, at the same time, ought we net to fear that the effi-
cialmanifestations of M. Guizot towards the Bey of
Tunis may become for France a sorry recommendation
at Constantinople? England will take care to turn this
circumstance to profit, and to ruin the little influence
which we may still retain with the Porte. In our opi-
nion, it would have been easy for the French Cabinet to
have avoided this disadvantage, It might have given to
its reception of the Bey of Tunis a less official charac-
ter, and have shown less vanity in its petty triumph.
The result would have been the same; the conduct of
France less significative, and foreign susceptibility less
lively. Successes, however, with the Cabinet of the 29th
October are so rare, that it cannot afford to pass them
over in silence, even at the risk of showing its incapa-
city and its ignorance.'
The meetings in England on the subject of Ota-
heite are evidently producing a great effect on the
public mind in France. On this subject the Con-
titutionnel Says—
" We know how little importance is to be attached in
general to these declamations. The orators of English
clubs do not observe much reserve in their expressions.
It is not rare, for instance, to hear the niyrophilcs ex-
press themselves in terms still more violent, if pos-
sible, in speaking of the owners of slaves, without
distinction of rank or character. But, under existing
circumstances, these meetings, which take place with
a strange simultaneousness on so great a number
of points, indicate new efforts. The Protestant
missionaries wish to turn to account at Otaheite

The experience that has been acquired on this
topic has afforded the strongest evidence of the erro-
neousness of the early opinions on this subject. In
every instance in which the experiment has been
tried, it has been found that increased facilities to
travellers, whether by reductions of fares or other
ameliorations, have also increased the profits of the
companies. Witness the effect produced by the
alterations introduced by the North-Western Com-
pany, by which great advantages were given to the
public, and large additional gains acquired by the
company. It might naturally be supposed that re-
sults so favourable to all parties would have induced
other companies to have acted in a similar spirit, but
such, unfortunately, is not the case : there are some
parties so blind that they must be coerced even for
their own benefit.

But there is another element that must enter into
the calculation as well as the pecuniary interests
,of the company. A vast monopoly has
been sanctioned by the Legislature; the ordinary
modes of conveyance have been set aside, they could
not contend against, or co-exist with, the gigantic
power of the railways. The several statutes autho-
rising their construction, and incorporating the com-
panies, provided certain rates of fares that should be
charged. to the different classes, and there was an
implied contract, on the part of those to whom these
concessions were made, that they would provide suffi-
ciently for the public accommodation, by taking pas-
sengers of all classes at convenient times, and by
proper vehicles. It was found, however, that the
duty to the public in that respect was not fully car-
ried out, or regarded in that equitable point of view
that might reasonably have been hoped for. Parliament
accordingly interfered, and by a statute passed in
1844, by which almost every railway company in the
kingdom is now bound, provided for the conveyance
of third-class passengers by what are termed the
Parliamentary trains, such trains to start at hours to
be approved of by the Lords of the Committee of the
Privy Council, to travel at a rate of not less than
twelve miles an hour for the whole distance, including
stoppages, to take up and set down passengers at
every station which they should pass on the line ;
the carriages in which passengers should be conveyed
by each train to be provided with seats, and protected
from the weather, in a manner satisfactory to the Lords
of the said committee, and the fare, not to exceed one
penny for each mile travelled. There were other pro-
visions in the same Act for the amount of luggage to
be allowed for each passenger, fares of children, &c.
Here, then, we have the direct interference
of the Legislature for the protection of third-
class travellers, and a special enactment
" that the carriages shall be provided with
seats, and protected from the weather, in a manner
satisfactory to the Board of Trade." The power of
that Board is transferred to the Railway Commis-
sioners by the Act of last session, and it is supposed
that a general control and supervision of all the ex-
isting railways will be placed in their hands. It is
not too much to hope that the Commissioners will use
the power in their hands, and see that the carriages
are properly sheltered from the weather. A mere
covering is not sufficient, with a thorough draft
rushing through them and chilling the unhappy
passengers ; they should, as " VIGILANS" states, be
' divided into compartments, and properly glazed;
Make the other carriages as much more luxurious as
you please, but see that the health of the
piorer classes is preserved from injury. The
sanatory condition of the public has attracted the at-
tention of our Government; there are few points more
necessary to be provided for than that to which we
have adverted. If the Commissioners possess the
power with respect to all the trains that they have in
the Parliamentary ones, they should exercise it with-
out any unnecessary delay ; if they have not, it should
forthwith be granted to them. The public comfor
and the preservation of the public health must be re.
garded as well as the public safety.

the rupture of the friendly relations between
France and England. They have proposed, amo► gat
other means of forcing us to quit Otaheite, (De
which would consist in making a desert of ti,'
island by favouring emigration. The population would
be distributed amoung the other islands of the Archipe-
lago, particularly Raiatea, where Pomare has her re-
sidence. The Missionary Society is rich enough to be
able to carry this project into execution, if it has only
the tacit consent of the English Government. If it
should be executed, not only should we have to support
all the privations of our isolation at Otaheite, but also
to dread the continual incursions of the refugee popula-
tion of the neighbouring islands. Our Ministry would
then have to expiate the fault that it committed in re-
nouncing the extension of the Protectorate over these
islands, which have always been inhabited by a warlike
people."

In consequence of the severity of the weather,
neither English, Spanish, nor South German mails
arrived in Paris on Monday.

The Money Market in Paris is improving, the
prices of funds and shares have risen, the stock of
precious metals in the Bank is increasing, and busi-
ness in general has assumed a more healthy ap-
pearance.

The Three per Cents. closed on the Paris Bourse on
Monday at 81f. 25c. ; the Five per Cents., 1181. 65c.; the
Orleans Railroad Shares, 1,270 f. ; Rouen, 9101. ; Havre,
6601. ; Great Northern, 655 f. ; Avignon, 892 f. 50c. ; Vierzon,
605 f. ; Bordeaux, 565 f.; Boulogne, 438 f. 750. ; Basle, 2201. ;
Paris and Strasburg, 4851.; Tours and Nantes, 495 f. ; Paris
and Lyons, 5151. ; Lyons and Avignon, 485 f.; Belgian Two-
and-a-Half per Cents., 553/4 ; Spanish Actives, 33%; Ditto
Three per Cents., 38 lA.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, DECEMBER 15.
Dutch Rhenish, 4% —Great Western Bengal, 4—Jamaica
South Midland Junction, I% Luxembourg, 3/—Madras,
Nellore, and Arcot, I—Northern of France Constituted,
10%—Orleans and Bordeaux, 8— Paris and Lyons Consti-
tuted. 514—Paris and Strasbourg Constituted, 3%.

THIRD-CLASS CARRIAGES.
TO THE EDITOR OF THE SUN.
SIR,—You have always shown great attention to the
sufferings of the poorer classes of the community; for
that reason I hope you will exercise your able and
powerful pen to put down the open third-class carriages
on railways. I see a poor woman died in one of them
the other day, and I have no ;doubt that hundreds of
others have silently died from the colds and fevers that
have been caught in inclement weather in these un-
christian conveyances. Many poor people may die, and
none take notice of it. Let the directors put to death
one Noble Lord, one Member of Parliament, in the way
they have punished to death many of the afflicted poor,
and some remedy will be applied. It will then be seen
that if no open third-class carriages were allowed by
law, and second-class carriages were by law divided into
compartments, and glazed and made comfortable, while
the first were made as luxurious as you like, that the
interests of the railway companies and of the public
would be consulted by more first-class places being taken,
and by numbers having their lives spared to travel
men t upon . n thei
d e
again, instead of being killed off, as they now are. In
times gone by the coach proprietors
Christian principle of making all their passengers,
and out, as comfortable as they could. All thel be
coaches had cushions on the outside seats and they
t
;
found this system answer. The merciless, unchristian,
t
monopolising railway directors persecute th
their wicked open third-class carriages, and epoor b y
make he
second-class, with great reluctance, tenantable, on the
covetous and unhallowed principle of compelling, by
torture, the poorer to pay more than they can afford,
and the respectable middling classes to travel by first-
class conveyances.
By calling attention to this subject you will do great
good, and remedy an enormous abuse of power.
Your obedient servant,

VIGILANS.

TITEWISTMINSTER REFORM SOCIETY.—Last night,
at eight o'clock, a full meeting of the committee of the
Westminster Reform Society was held at Stannard's
Hotel, Upper Wellington-street, Covent-garden, for the
purpose of further considering the representation of
Westminster, Mr. Geesin in the chair. Several new
members having been introduced, and the subject for
which the committee was convened having been taken
into consideration, Mr. Prout proposed a resolution to
the effect—" That all are resolved to place a candidate
in the field who will conciliate all sections of reformers ;
and to that end the committee are directing their united
attention." Dr. Bainbridge, of St. Martin's, seconded
the resolution, which was agreed to unanimously.
Thanks were Oen voted to the chairman. and the meet-
ing, separated.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were
12,000 bales, including 4,000 American on speculation,
800 Pernam and Maranham, 500 Egyptian, and 2,t00
Surat on speculation. The market was not so animated
as on Monday. Shares were duller.
The sale of Railway Shares, yesterday, at Messrs. La-
mond and Co.'s, did not go off with much spirit, although
there was no great alteration in prices. The following
are a few of the principal sales :
Waterford, Wexford, and Valentia £0 3 9
Madrid and Valencia 1 0 6
Great Luxembourg
East Indian
Eastern Counties, York Extension 3 10 6
Derby, Stafford, and Worcestershire, New 0 14 6
Leicester & Bedford, Exchange Certficate 0 10 0
Churnet and Blythe
Manchester and Southampton, 1847 1 9 6
I South-Eastern and Dover, No. 4
Taw Vale Extension. and Dock
Vale of Neath 1 9 6
Shropshire Union and Canal
North British, New Thirds ...~
Paris and Lyons 5 2 6
Worcester, Warwick. and Rugby
London and York, Extension ... 2 0 0
South Yorkshire, Voncaster, and G001e... 2 4 0
A most interestirg discussion was anticipated at the
East India house to-day, on a motion that it be re-
ferred to the Court of Directors, to make better
provision for the Native Army in India, as
a reward for past services, and with the
praisworthy idea of advancing them to that high
position which they moat unquestionably deserve. The
notice of motion, however, was declared, by the chair-
man, to have been adjourned, pursuant to the request of
Mr. Sullivan. The subject, however, will not be lost
sight of.
The Cotton speculations at Liverpool are progressing
at an awful rate. There must be a settling day, and
long " time " bargainers may rue the day in entering
upon such extensive operations as have been noted
of late. Truly, it may be said, the spirit of
speculation has departed from the vicinity of
Capel-court, and centred in the cotton market of
Liverpool. However, time will, questionless, unfold a
tale in this, as in other rash and reckless business trans-
actions, from the result of which a moral may again be
gleaned.
There are not any late arrivals announced from the
colonies today.
Accounts have just been received of the arrival of the
Hamburgh mail. We do not hear of any very parti-
cular information, except that in Sicily great destruc-
tive inundations have been reported to have occurred.
The weather was extremely severe in all parts of Ger-
many and Holland. The navigation by canals was all
but closed.
Consols for the Account have been rather firm to-day
at 93 to 934 ; the Reduced Three per Cents, have just
dropped from 94k to 93k. Exchequer-bills are at 14s.
premium. Bank Stock at 207, and the New Three-and-
u-Quarter per Cents. at 954.
This is the pay day in the Share Market, and the
settling and pay-day in the Foreign Funds. Little
business has, consequently, been in progress, but the
receipt and liquidation of differences.
There have been bargains in Buenos Ayres, at 42 ;
in Mexican, at 234 4; in the Four per Cents. Portuguese,
at 37; in the Dutch Two-and•a-Half per Cents., at 541;
and in the Four per Cents. at 924.
The prices of railway shares and scrips are pretty
firm to-day.

ONE CLOSING
PRICES OF BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock ....... ..
3 per Cent. Reduced Anrs 93% 941, 93% 941,E
New 314 per Cent. Annuities 9570/4 96 95% 953/
LongAnnuitiestoexpireJan.lB6o 9 15-16 % 9%
South Sea Stock —

Ditto New Annuities
Consols for Opening 93%%% 931,!
Exchequer Bills, 10001. 11%d.... 11 14 p 13 p
Ditto, 5001
Ditto, Small
ONE CLOSING
O'CLOCK PRICES

r'ItICES OF FOREIGN FUNDS.
Brazilian Bonds
Do., New, 1843 ..........
Buenos Ayres Bonds, 6 per Cent 42 42
Mexican, 5 per Cent. 1846 23%1/8 24
Ditto, Account . — 24
Portuguese Bonds, 4 per Cent
Spanish 5 per Cent. 1840.
Ditto. Passive
Dividends on the above payable in London.
Belgian, 2% per Cent 5414 5414
Dutch, 2% par Cent .
Ditto. 4 per Cent. Certificates 92% 92!4
PRIcEh or BUSINESS DONE CLOSING
It 1/2.ILWAY SHARES PAID' AT ONE O'CLOCK. PRICE:,
Aberdeen
Amber., Nott., Boston,
and Eastern Junction 2%.....
Armagh, Coleraine, and
Portrush ...... 1% —
Belfast & County Down et
Birmingham and Dudley 425. ...
Birmin. and Gltucester..loo
Ditto New 17% ••• •••••
Birmingham and Ox-
ford Junction
Birkenhead, Lancashire,
and Cheshire June.... 234
Boston, Stamid, & Birm. 225. —
Bristol and Exeter 75 - •• ...... ••
Ditto, New
Bristol and,Glouc,euter... ....
Bristol and Liver. June.. 21/2.. ......
Buckinghamshire
,Jaledonian
Ditto Half Shares...... 21/2 —
Ditto, Clydesdale Jane 25
Chester and Holyhead... 27% —
Czuniet and Blythe
Chester and Manchester 425.
Cheltexham and Oxford 2 ...... .

Clarence lOO
Do. Ist Class, 6 per Ct. 10
Do. 2d Class, 5 per Ct. 10
Do. Government Loan,
4 per Cent.
Cork and Killarney ... 21/.z —
C9rk and Waterford ... 1% -7.

... 5 p

Cornwall
Ditto, Half Shares ... 2% ......

Direct Lincoln, East Ret-
ford, and Shetld. June. 2% —
Direct Northern
Direct Norwich
Dublin and Belfast June. 12% —
Dublin, Belfast, and
Coleraine
Dublin and Galway..... 4
Dundalk & Enniskillen 10
Eastern Counties 141. 16s 22
Ditto New
Ditto Perpetual, 5 per
Cent, No. 1....... 6/. 13s. 4d —
Ditto ditto, No. 2... 61. 13s. 4d % p...
Do., York Extension.. 2 ...... 3%'/ 3%
EastDereh'in andNor'ch 1
i.astern Union 35 .. ...

Ditto, Quarter Shares 8% —
Do. Exten.(Harwich) -

Do., Camb. 'and Ely.:
East Lancashire
Ditto, New
Do., do. (late Preston
and Ormskirk)...
Do., do., New Scrip... .....
East Lincolnshire ... ......
East & West of England 1%...... --......... ••••
_ _

Edinburgh and Glis'gow 50' .....• 75
Ditto Half Shares ... 10 ...... —3
Ditto, Quarter Shares 121/4 ...... 18... ..........
Edinburgh & Northern.. 121/4 ...... ............
Edinburgh and Perth... 3
............
.. —.
Ely and Huntingdon ... 121/4 — ..... . .........
Enniskillen and Sligo ... 21/4 ...............
---
Exeter, Yeovil, & Dorset 5,4 — ...............
Gaslgow, Dumfries, and
Carlisle ... ............... 5
...
Glasgow, Kilmar.,& Ayr 50
Ditto, New ......... .. 15 , — .........
Do., 14 Shares (5 per ... ...... •
cent. guar.) ... ...... 121/4,„, _
...
Goole, Doncaster, &c. .. 2
Grand Union (Notting- ..... ... ......
and Lynn
Great Eastern &Western 21/4„ ....- '• ...... .....
Great South. and West. •••••...• ..
(Ireland) -
Great Munster _ 2l/2 ••• • • .........
1/

Great North of Scotland 2q..,... ..._
Great North of England..loo 237 238
Ditto New ............... 5
Ditto, New ... ........ 15 ...... 541/4
Ditto, New .......... .1%
.
Great Western . .......... 65 13l
Ditto % Shares
Ditto I,f Shares lO
Ditto Fifths ............ 20
Ditto, New 2
... 2
Huddersfield &Manches. 13
Ditto, Extension 3
Hull and Selby 5O
Do. Half Shares 25 —
Ditto 14 Shares
Ipswich & Bury St. Edm. 11% lO% ~..
Do., do., and Norwich 2 %...... ...
Lancaster and Carlisle... 50
Do. New -
Leeds and Bradford
Leicester and Bedford... 164
Leeds, Dewsbury, &c.... 22% — .. ...... ......
Do., Branch (Blue) ... 2% — ••• ......
DoExtension( Green) 2%Q..... ---
Leeds and Thirsk 17% 14% ex new.... 14% x n
Ditto, New
Do , Prefer., 6 per Ct. 3%
Lpool., Mnchstr &New
castle Junction

544

1774,
291/2

-
10%

4%

London and Blackwall. 16/. Os. 4d.
Do. New
Ditto Extension ~ 7l/2...... ..
London, Brighton, and
.:South Coast
Ditto, Fifths
Do. Consol. Eighths.. 10
Do. Guarant. 5 per ct. 9 - ••• .. •• •• •••
London and Greenwich 12/ 15s4d
Do. Preference ...18117s 2d
London, Hounslow, and
Western
London and N. Westemloo 195 194 194
Do. Quarters
Do., do., New
Ditto Fifths ..... .... 2
Do. -t,i Shares (G. J.) 5
Do 40/. Shares(L.M.) 8 —
Do. 40/. (M. & B.) ... 40
Do. 101. (M. & B.) A. 5

(
• - :
Do. 10/. ( (IVi. & B.) B. 5 —
Do. 101. (M. & B.) C. 1
London, Oxford, and
Cheltenham — •• ••• -- ••• 00000000 ••
Lond. & S.Western 411 6s 10d 62 63 621,4 621,4
Do. New Consol. Btt s 40
Do.:New
Do. New
Ditto Tenths
Ditto Tenths ... ..... 4
Ditto Scrip
Ditto ditto .......,.... 4
Lyndon and York 214 2% ... 2%
Do. Extension

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