The Sun.
London, England, 1848-11-23 00:00:00

THE SUN, LONDON, THURSDAY EVENING, NOVEMBER 23, 1848.

Ditto, ditt0...... 1852 50
Ditto, New Si., guar.
6 per cent. .. 4
lyinden and Greenwich
_l2/15s 4d 4%

Ditto, Preference... 18/ 17s 2d... —.- —
London and N. Western 100 ... _116% 116%
' Do Quarters (L.& B.) 22
Ditto, New
Ditto, Fifths ..... ..
Do. 41(./.Shares( L. M.) 25
Do. 10/. (M. & B.) A. 9 ...
Do. 101. (M. & B.) B. 9 ..... -
Do. lot (M. & B.) C. 1 ..... 2% ......... ..
Land. & S. Western
Do. New 501. ... ..... 42%.. .. •• 27
Do. Now 401. 34
Po. Tenths (Consol.) 50
Ditto ditto ~........ 40
Ditto, Thirds- ......13/. 6s. 8d...
Do., New Scrip, 1848,
Pref. 7 per Cent. on
Deposit, and 5 per
Cent. on Calls ...11. I3s. 4d... ...... •••••••
London, Salisbury, and
Yeovil
Londonderry &( A .leraine 283/4 -- ........
Londonderry and Ennis-
killen -•-• ..... ---
Lowestoft (4 per ct.) ... 20
Ditto (6 per et.)
Manzhester•Buxton,and
Matlock
Manchester, Sheffield,
and Lincolnshire ...100 - w. ..-
Do. Quarters (No. 1) 18 -
Ditto ditto (No. 2)... 25
Ditto ditto (No. 3) ... 10
Ditto, New 10/. Pref... 10
Ditto, Gt.Grimsby -. 40
Ditto ditto . ..._..... 13 ......
Ditto ditto
Ditto Sheffield and
Lincolnshire l5 . ...
Do., Grimsby Dock... 20
Do. Manchester and
Lincoln Union..... 41.2 s •
Dl:dland ... ...... ........100 ~.... 77 76% ......, 77
Do. Consolidated Pref.100
Do., do., SOL Shares... 20 ... .. 9 9% ... ....
Do. Birm., and Derbyloo
Do.Consol. Bristol and
Birming., 6 per et. ...100 ......
Ditto,Brist. & Litoestr. 38 ...... ..... -....
Ditto, ditto ...... ...... 144 188....
Ditto,Leieest.& Swan-
nington, 8 per ct.guar.loo
Midland Great Western
Irish
Middlesbro' and Redcar,
6 per cent. guar.
NeweastleandCarlune 100 -

Do. Quarters 25
N.wmarket ........ . .. 20 —
Do. Extension —2l. 125....
Newport, Abergavenny,
and Hereford
Newry and Enniskillen 7 —
Newry, Warrenpoint,
and Rostrevor . . 20
Norfolk ......... ........ ....100
Do. New 20/.
Do. Guaranteed,s pct. 20
Do. Guaranteed *it pc. 5
Do. do. Waveney Val. 2 ......
N c Ahern Counties Union 4 ......
North British ... ..... ... 25 ......

Ditto, Halves ..
Ditto,lQuarters [ 6l/4 — ..... .. 3l/8 x•i
Ditto, Extension OS •• —
Ditto, Third 5:........ Bi 4 31,‘ 3%
North & South-Western 2 —
North,Staffordshire l5 —
north Wales ... ...... .... 3%
North-Western . lO -
Oxford, Worcester, and
Wolverhamptont
Reading, Guildford, and
Reigate lO
Royston and Hitchin ... 2
Scottish Central-
Scottish Midland 25 - ••• ••••—•.. --
Ditto, New

heffiela, Rotherham, &
Goole (Nor. Div.) ... 7%
Do. do (Sou. Div.) ... 4 ...... ... —
Shrewsbury and,Birra... 9 ...... ...... _
Ditto ditto, Class B. 5
Shrewsbury and Herefd. 2 ......
Shrewsbury & Chester
(Nor. W. Min.)
Ditto Halves ... ditto 842..»•• .. ••_ —
Ditto Oswestry
Ditto New
Do. 8 per Cent. Pref. 10
Shropshire Union -
South Devon 5O ...... .... ..... ...
Do. Preference
.."outh Staffordshire 64 — ............ ..
South Eastern
Do., No. 1 24
Do., N 0.2. :
Do., No. 3 .—... ...... 25 ......
Do., No. 4 Thirds ... 10
South Wales ...... 28
S ,uth Yorkshire, Don-
caster, and Goole
Swans. & Loughor &Ca-
meron's Still. C0a1.... 6
Taw Vale Extension ... 8
Thames Haven Dock
and Railway ....
Vale of Neath ... .. 4
Waterford and Kilkenny 17%..
Waterford and Limerick 47%
Waterld,Wxfrd,Wicklw,

and Dublin -
Wear Valley 6 per Cent.
Guaranteed ... .. ...... 4234 _
-
Do. do. do. ... 25 -
_---
Do. do. do. ... le ..... ... .,.
1V CIS t Cornwall ....
West London -
I)o. Do. Ist Class ... 20 - ..... •••
Do. Do. 2d Class .. 20
W liitehaven & Furness 13
Windsor, Staines, and
South Western ..... ... 9%
W ilts, Somerset, & Wey-
mouth '
York, I\`ewcastle, and
Berwick.
Do. Original New and
Berwick .. ...... ...

.
Do. Extensiox No. 1. 15
Do. do. No. 2.
Do. G.N.E.Preference 8
York and North Midland 50
Ditto, Preference ...... 10 - ......... •••••• ..
Do. East and West Rid-
ingiEstension
FOREIGN RAILWAYS.
Anglo Italian (late Ita-
lian and Austrian) 412......
Boulogne and Amiens... 20
Central of France (Or-
leans and Vierzon)... 17
Ceylon
Demerara l5 ...... ... ......... ...
Dendre Valley
Direct Bombay and
Madras be. . ...
Dutch Rhenish ..... .... 7%.... .• ...... ••••
East Indian B4 ...... . ...• •
Great Indian Peninsular 14
Louvain Ila Sambre ... 7%
Luxembourg..... 7
Ditto ...... ...... ......... 10 ......
Madrid and Valentia.. 2 .....
Namur ;and Liege ..... 20 ... ..
Northern of France
Orleans and Bordeaux... 7
Paris and Lyons ll .... .. —
Do. Do. . lO
Paris and Orleans ...... 20
Paris and Rouen ..., 2O ......
Paris and Strasbourg ... 9
Rouen and Havre , ...... 20
Sambre and Meuse 2O .....
•••
Strasbourg and Basle... 14
Tours and Nantes 9 ...... 1,4 IJ4
Tournay, Jurbise, Lan-
den, and Hasselt ...... 20
W est Flanders 814....

JOINT STOCK BANKS.
Australasia
British North American 50
Colonial
Commercial of London 20
London Joint Stock lO
London & Westminster. 20
National Prov. England. 35
..... 10
National of Ireland 22%...... ........

Ditto New... . 10 ''—
.. ••• —
Provincial of Ireland ... 25
Union of Australia

2%...... --- .
Union of L0nd0n,....... 10
Union of Madrid 40

MINES.
Anglo-Mexican lOO
Asturian Mining Com... 14
Australian 2% 4 3%

LLOYD'S SHIPPING—(THIS DAY.)
LONDON, Nov. 23.—Wind S., light breeze, and fine
clear mild weather.
CORE, Nov. 20.—1 t blew a gale here last night frt m
south.
LIVERPOOL, Nov. 22.—Wind S.S.E., hard.—Arrd.
21st, W. H. Harbeck, Strain, New York ; Memnon,
Gordon, New York ; 22d, Aqua Marine, Callao ; Ash-
burton, Batchelder, New Orleans ; Marmion, Freeman,
New York ; Oxford, Goodmanson, New York ; Heron,
Driver, St. John's, New Brunswick. Sid. Digby, Sydney.,
New South Wales ; Endyrnion, Calcutta ; David Legg,
Monte Video ; Joseph, Christall, Rio Janiero ; Salem,
Gibson, New Orleans ; Chippewa, New Orleans ; Ann,
Dashwood, New Orleans ; Ocean Queen, New Orleans ;
Grampian, Mobile ; Sabbatis, Virginia ; St. Patrick,
New York ; Clarence, New York ; J. Z., New York ;
Veronica, Newfoundland ; Windermere, Africa. Off,
Diamond, Thompson, Porto Rico.
WHITSTABLE, Nov. 22.—The Friends, for Middle-
borough, which went on the Main, has been got round
to the mouth of the harbour, and will be hauled in next
tide.

RAMSGATE, Nov. 22.—The Cito, from Memel, which
put in here yesterday, leaky, has commenced discharging.
WEXFORD, Nov. 21.—The St. James (of Boston),
Long, with cotton, bound to Liverpool, was driven on
shore last night, at Kihnore.
ALIA:MAGI:WEL Nov. 22.—The barque Lord Stanley,
from London for Newport, in ballast, was brought into
this port, with damage, by the Wonder, at Harwich.
JERSEY, Nov. 20.—Arrd. Swift, Le Scilleur. Labrador.
CARDIFF, NOP. 21.—Arrd. Galatea, Swatridge,
Quebec; Eldon, Gillespie, Quebec. Sid. 20th, Katherine,
cs ton , Matanzas.
DEAL. Nov. 22.—Wind S. to S.S.W., fresh.—Put
back, Eweretta, Livingstone, for Grenada.
LANCASTER, Nov. 21. —Arrd. Marys, Restigouche.
LYNN, Nov. 22.—Wind S.W.—Arrd. Maria Louisa,
Gothenburg.
The Sea, hence, arrived at New York, in twenty-two
days. On the 28th ult., about the middle of Newfound-
land Banks, passed a spar with some rigging attached,
resembling a schooner's masthead, four or six feet above
water, standing perpendicular. On the 29th, on the

western edge Of the Banks, passed great quantities of
new-sawed three-inch planks, apparently not long in the
water. On the 4th instant, in lat. 40 17, long. 68 49,
passed the wreck of the brig Juanita, of Waldeboro,
leaded with lumber, diswasted and waterlogged ; found
she had been }tripped of everything moveable; boarded
her and set her on fire; saw her burning several hours
afterwards.

The Winnegance, from Newcastle, has arrived at New
York. On the 11th ult., in let. 48 30, long. 34, spoke tho
British brig Joseph Anderson, from Saguenay for Lon-
don, and supplied her with provisions, she having on
board part of the crew of the ship Michigan, of Port-
land. Mr. Miller, second mate of the Michigan, states
that they were bound from Glasgow for New York. On
the 29th of September, when twenty-one days out,
in lat. 44 30, long. 47, experienced a heavy gale,
which caused the ship to leak badly ; tried the
pumps, and had about 700 strokes before they
sucked ; the leak increased, and the water gained fast
upon them, although the pumps were kept constantly
going night and day. Oct. 3.—While lying under close
reefed maintopsail, fell in with the brig Joseph Ander
son, when Captain Mason, his wife, Fzederick Stinson,
first mate, and three seamen, left the Michigan in a
whale boat for the brig, which was lying to under the
former's lee. When within about 20 yards of the brig a
sea capsized the boat, and all on board were lost. Cap-
tain Mason and his wife were not seen after. Mr. Stin-
son and the three men were seen on the boat's bottom for
about an hour. The ship and brig were got about as
soon as possible, but too late to save any of the unfortu-
nate men. Oct. 4 —The second mate, with the balance
of the crew, 11 in number, succeeded in reaching the
brig in the ship's long-boat. When the Michigan was
abandoned she had seven feet of water in her hold,
although the pumps had been constantly at work.
Since the 29th of September the second mate further
states, that they were in company with an American
barque. One night, while on the wreck, and using every
means in their power to let them know their situation,
by fire-arms, the barque answered, showing them lights,
&c. At daylight hoisted our flag half-mast high, and
union down, to no purpose, for in a light squall the
barge left them.

MARKET NEWS.-(THIS DAY.)
NINNATGATB AND LZELDEI BTHII.Z.L.

These markets were ♦ery dull to-day, at barely sta-
tionary prices. Beef, from 2s 4d to 3s 6d; Mutton,
3s 4d to 4s 4d; Veal, 3s 2d to 4s; and Pork, 3s 8d to
4s 8d per 81bs, by the carcase.

atjhe table, and Caldwell standing behind the door. I
to( k them into custody, and conveytd them to the
stati,)n.

Mr. E. J. Edwin, solicitor, 85, Long-acre, and Mr.
Ballantine, the barrister, who appeared for the def:n-
dants, addressed the magistrate at some length on behalf
of their resprctive clients, contending that sufficient
proof had not been cffered as to the house being a
common gaming-house; and that their clients were en-
titled to their discharge.

Mr. BilicliAm, after recapitulating the whole of the
evidence adduced, said he was perfectly convinced that
the house was a common gaming-house, and that the de-
fendants were there for an unlawful purpose. As it•had
been proved that Hart had acted as door-keeper, he (Mr.
Bingham) should convict him in the penalty of 1001., or
in default to be imprisoned for six months. The others
he fined 40s. each.

Mr. Edwin said he should appeal against the sentence
upon Hart at the sessions.

et trb 'ambition

FRANCE.

M. Dupont (de l'Eure), M. Marrast, and some thirty
other members of the Legislative Club of the Insti-
tute, have written a letter to its President, announc-
ing their intention to withdraw from the association,
in consequence of the opposition of Messrs. Gamier
Pages, Duclerc, Pagnerre, and Barthelemy St. Hi•
laire to the candidature of General Cavaignac fur the
Presidency.
Several ships of war, composing the Mediterranean
fleet, have arrived in Toulon, and been disarmed, and
laid up in ordinary.

Wean Professor; Mr. Williamson, of Clare Hall ; Mr.
Goodwin, of Caius College ; Mr. Adams, of St. John's
College ; Mr. Fuller, of St. Peter's College ; and Mr.
Hopkins, of Catharine Hall, a Syndicate to visit the Ob-
servatory till November, 1849.

3. To authorise the payment of 1951. 17s. 2cl. to the
Plumian Professor, in conformity with the regulations
adopted Feb. 27, 1829, the net receipts of the Plumian
Professorship in the labt year having been 3041.2}. 10d.
" 4. On the recommendation of the Library Syndicate
and Mr, Worts' trustees to authorise the trustees of Mr.
Worts' estates at Landbeach to contribute Si. annually
out of the income of the said estates towards the main-
tenance of the parochial school in that place.
"5. To allow Mr. Birkett, of Jesus College, to resume
his Regency."

THE AMERICAN EXPEDITION TO

THE DEAD SEA.
We translate the following from the Courrier de Con.
stantinople

•' Oar readers may remember that in the spring of
the year Captain Lynch and some of his offieers, of the
United States' brig Supply, proceeded to Constantinople,
to obtain permission of the Ottoman Government to ex-
plere the Lake Tiberius. This was granted, and the re-
commendations given by the Sultan to the different offi-
cers of the places visit( d obtained for the intrepid officers
every kind of assistance required. Nobody opposed the
scientific research, the Arabs themselves offering their
assistance, and frequently declining any remuneration for
aid often of the most valuably kind.

" Our little expedition (says Captain Lynch), com-
posed of some 15 persons, landed at St. Jean d'Acre,
from which place we were desirous of proceeding to the
Sea of Galilee, or Lake Tiberias, distant some 40 mil, a.
We had with us two metal boats—one of copper the other
of iron; these we landed and put into good condition to
sustain the shocks which when drawn by camels from
one place to the other they inevitably must encounter.
We were encouraged by the idea of being the first to em-
bark on a similar expedition, except the late Mr. Carda-
gan, who did not survive the fatigues he underwent, and
left no memoranda of his voyage to the Dead Sea. We
also thought that all Christendom united in the thought
of an expedition on this mysterious lake, and the interest
it might present to the future navigator.
"No sooner had we landed than our difficulties com-
menced, we requiring so many things of which we had
not even thought. All being prepared, we placed our
boats on carts constructed on board the Supply, and we
set out for the Lake. On the road we had to climb se-
veral mountains, and cross formidable ravines. On more
than one occasion we had to lower our boats by means of
ropes down the frightful precipices. But all our difficul-
ties were surmounted by the patience and address which
distinguish the true sailor; and on the Bth of April the
two boats floated on the picturesque and deep blue waves
of the Sea of Galilee, the American flag floating from the
top of their small masts.

'• We found the navigation of the Jordan very difficult
and dangerous on account of the fearfully rapid currents.
The idea of the fall of the Jordan between the Lak• Ti-
berias and the Dead Sea may be conceived by its crooked
bed, which, in a distance of 60 miles, serpentines 200
miles. In this distance the expedition was planged into
no less than 27 dreadful rapids, not counting several
others of a less remarkable declivity. The difference in
the level of these two seas is 2,000 feet.

" For a few hundred yards from its mouth the water
of the Jordan is sweet. The waters of the Dead Sea are
without smell, but to the taste they are bitter, salt, and
disgusting.
" On entering, the boats encountered a gale of wind,
and so thick were the waters that the boats appeared to
strike against the hammers of the Titans rather than
the waves of a raging sea.
" The expedition continued its daily operations,
making topographical sketches, until its arrival at the
southern extremity of the sea, where a very astonishing
spectacle awaited it.

"On passing the mountain of Sodom (says Captain
Lynch), we observed to the S.E. a large column, in the
shape of a tunnel, composed of solid rock salt, and
covered by carbonate of calcium, a mine of crystalliza-
tion. Mr. Dale made a sketch of it, and the doctor and
I landed to obtain specimens.
" The expedition made the tour of the Dead Sea, and
returned to the point of its departure; the boats were in
the same condition as when we left New York, and all
the crew in good health.
" The following facts are not without interest.—
" The bottom of the northern part of the Dead Sea is
almost flat (a plain).
" The meridional lines at a short distance from the
shore vary but little in depth ; the greatest depth found
up to the date of this letter (May 3d) was 188 fathoms,
or 1,128 English feet. Near the shore the bottom is
generally a saline incrustation, but the intermediate por-
tion is of soft mud, with several rectangular crystals--
most frequently cubes of pure salt. On one occasion we
obtained only crystals with the lead line.

- -
"In the same proportion that the north part of the
Dead Sea is deep, so is the southern part shallow, to the
extent that for a quarter of its length the depth was
found to be but eighteen feet. Its southern bed presented
no crystallizations, but its shores are covered with in-
crustations of salt, and on landing the footmarks in an
hour's time were covered with crystallizations.
" The shores in face of the peninsula, and its western
side, present evident marks of destruction.
" Birds and insects are, without doubt, to be found on
the shore; sometimes ducks on the sea, for we saw some,
but we could find no living object in this sea. However,
the salt sources it receives contain fish belonging to the
ocean. I feel certain, says Captain Lynch, that the result
of our expedition will confirm to the very letter the his-
tory of the Holy Land as regards the sunken cities.
After the examination of the Dead Sea, the expe-
dition proceeded to determine the height of the moun-
tains, and the l.•vel of a plain, from Jerusalem to the
Mediterranean Sea.

" Tluy luind the summit of the western coast of the
Dead Sea more than 1,000 feet above its surface, and
level with the Mediterranean. It is a singular fact,
that the distance from the top to the b Atom of the
Dead Sea—that is, the height of its shore, the eleva-
tion of the Mediterranean, and the difference of the
level between the bottom of these two seas, and the
depth of the Dead Sea, should thus be an exact multiple
of the elevation of Jerusalem above it.
" Another fact nut less curious is that the bottom of
the Dead Sea forms two sunken plains—one elevated,
the other depressed. The first part, south, is composed
of clay or fat mud, covered by an artificial bay; the
latter, the upper part and more north, of mud, incrus-
tations, and rectangular salt crystallizations, extending
to a great depth, and with a narrow ravine defiling in
the midst of it, corresponding with the Jordan at one
extremity, and Wady Seib at the other.

"• The-official report of Captain Lynch will be shortly
published."

TATTERSALL'S-THIS EVENING

Six O'CLOCK.

The only bets laid this afternoon were 450 to 10 each
apt The Knout and Strongbow, and 500 to 10 agat
Bernadotte.

THE BAKERS' ASSIZE ASSOCIATION.— On Monday
evening a meeting of master bakers was held at the
London Coffee-house, Snow-hill, for tho purpose of
taking into consideration the best means to be adopted
in order to regulate the price of bread in the metro-
and to form an association, under the title of
the Bakers' Assize Association, to carry that object
into effect. Mr. Neville having been called to
the chair, stated that several preliminary meetings
had been held, and that it was desirable some steps
should be adopted, not only for their own protection
but for the benefit of the public at large, who, in buying
what they consider a cheap article, are supplied with food
of a deleterious quality. He knew, and he had also been
informed by medical gentlemen, that a large quantity of
bread sold was not fit for human consumption.—
(Hear.) The report of the previous meeting was read,
from which it appeared that it had been resolved to
form a central board, to consist of a president, five
millers, five factors, and fifteen bakers (who were to
be delegates from fifteen districts in the metropolis).
The board was to meet every Monday in Mark-lane.
Three districts were formed—in Westminster, St.
Luke's, and the east of London; and from the latter a
communication was read, stating the determination of
the bakers there to co-operate with the views of the
central board. Mr. Brooks (the secretary) stated that
it appeared there were nearly 800 bakers who in the
course of the last year had been reduced to a state of
insolvency in consequence of selling an article from
which they had not sufficient remuneration. That num-
ber was about one•third of the bakers in the metropolis.
In the year 1814, when the Lord Mayor regulated
the price, they were allowed 13s. 4d. on the sack. They
would now be satisfied with half that remuneration. He
wished that they should be in a right position with the
public, and that it should not be supposed they were
seeking a monopoly. All they wished for was a fair
remuneration, which could not be obtained if they sold
a good and wholesome article at the present low prices.
Several gentlemen addressed the meeting, expressing
themselves favourable to the objects of the assoiation.
Various resolutions were adopted in its support, and
subscriptions were entered into.
PROGRESS OF THE EARLY CLOSING MOVEMENT.
The tallow-chandlers and oilmen of the neighbourhood
of the Strand and Clare-market have, with some rare
exceptions. come to the determination of closing their
shops at nine o'clock every night, except Saturday, in-
stead of ten, and sometimes eleven o'clock, as heretofore.
The change will commence on Monday next. The
glovers and hosiers of Holborn and several of the streets
running into that great leading thoroughfare have, in
consequence of the respectful remonstrances of their as-
sistants, agreed to close at eight o'clock every night but
Saturday.
12 GREAT WESTERN RAILWAY—THE RETURN TICKET
SYSTEM.---W hen we announced that the directors of this
line had resolved not to continue the system of return
tickets, we ventured to questiem the expediency of the
arrangements even in a pecuniary point of view. The
facts, so tar, have fully borne out our prediction. The
return tickets were abolished on the first of November,
and on the same day fifteen miles of new line were
opened, and yet we find that the traffic returns of the
following week without return tickets, and with the
fifteen miles of new line, were just 5371. 14s. 10d. less
than they were the week before with return tickets, and
without the fifteen miles of new line. The inference is
obvious enough.— Cheltenham Examiner.
EXETER HALL.—The performance of Elijah, at
Exeter Hall, on the 15th of next mouth, will be under
the direction of M. Benedict. Mdlle. Jenny Lind will
sustain the principal soprado part, in English. The ob-
ject sf the performance is to raise a sum of money in
aid of a fund which Mendelsson established at Leipsic,
for the purpose of defraying the expense of a musical
scholarship in that city.

YORK, NEWCASTLE, AND BER-

WICK RAILWAY.
TO THE EDITOR OF THE SUN.

SlR,—The public generally are indebted to you for
the able and persevering manner in which you have
exposed the infamous" bearing" in the railway market ;
such able advocacy has probably prevented still
greater depreciation ; and yet the depreciation in
every instance has been so unwarrantable, so sense-
less, that the owners of railway stock appear to have
been quite demented, at all events, entirely lost to the
dictates of reason and common sense.

The York, Newcastle, and Berwick stock is a case
in point. That company published, perhaps, the most
satisfactory exposition of its condition ofall the railway
statements. As you, Sir, truly and forcibly observed,
it proved that" the undertaking which they (the share-
holders) have embarked in is of the soundest descrip-
tion, and that it affords prospects of success that can
be equalled by few, and probably not surpassed by
any similar undertaking in the British dominions."
Nevertheless down went the stock, and the very
statement, which afforded good evidence for its ad-
vancement, has been used by the " Bears" to tear it
down. If you asked for a reason for this depression,
you were answered by a shake of the head and this
exclamation—" Oh, the company has only allowed
30 per cent. for working expenses, whereas the Great
Western has allowed 40." Specious cn the face, but
most fallacious below the surface. In the first place,
the working expenses are calculated upon long and
actual experience, and the merest tyro in commercial
matters ought to know that certeris paribus the
working expenses of next year will be the same as
the last, and that the expenses of a series of
years affords sound data for ascertaining the
average expenses of future years. In the
second place, it evinces gross ignorance of
the working sources of the York, Newcastle, and
Berwick line : is it not obvious that that most expen-
sive article, coke, can be obtained by this company at
about halt the price which it costs many other lines,
and that there is no line in England, whether in re-
ference to the mainway, the plant, the officers—in
fact, the entire management—worked more cheaply
than the York, Newcastle, and Berwick ? In short,
can any person, not interested in disbelieving, doubt
the truthfulness of the following concluding para-
graph of the company's statement :
" In conclusion, the directors beg to assure the
proprietors that nothing can be more satisfactory to
the board than the present position of the company,
whether in reference to its traffic or to the expense of
working it, and they have no hesitation in expressing
their unshaken confidence in the soundness and stabi-
lity of the undertaking with the management of which
they are intrusted. This confidence is founded upon
their experience of the steadily increasing traffic which
every year has brought upon the lines notwithstand-
ing the check occasioned by the recent extraordinary
commercial depression, and upon their conviction
that, as a railway undertaking, the property is wholly
unassailable—that no traffic can be abstracted from
it by competi9. lines—and that an unfailing source
of continually improving revenue is secured to it in
the inexhaustible mineral wealth of the counties of
Durham and Northumberland."

Another and a very important fact I would direct
your attention to, and that is the traffic returns. The
York, Newcastle, and Berwick line is but 321 miles
longer than it was in 1847, and yet see how its traffic
verifies the directors' " experience of the steadily in-
creasing traffic ;" take in proof the returns of the
two last weeks and the corresponding week's in
1847 :-
1847. 1848. Increase.
£11,418 £13,632 £2,214
£11,056 £13,709 £2,653

If such " stubborn thing's" as the " facts" I have
mentioned do not outweigh the " baseless fabrication"
of the "Bears " in the mind of the British capitalist,
then is he not only non comps, but the prospect of
his being restored to a sound state of mind is dark
indeed.—l am, Sir, &c.,
VERAX.

Nov. 21, 1848.

YORK AND BERWICK RAILWAY.
TO GEORGE HUDSON, ESQ., M.P.
SIR,—In the statement of this company's affairs,
you estimate the future working expenses at 29 per
cent. As you have at the present time all the advan-
tages of cheap coke, and the expenses are 38 per cent.
(without any depreciation fund for the largest carry-
ing stock per mile in the kingdom), and are under
large permanent charges for stationary engines in the
steep inclines, wayleaves, damaged ground rents, and
leading expenses, in connexion with your coal traffic,
amounting to upwards of 50,0001. per annum, to all
of which other passenger railways are exempt; I
only express the feeling of the whole of my fraternity
when I say what an inestimable boon you will be
conferring on all classes of society, especially to those
pecuniarily interested in railways, by informing them
how, and by what means 3ou hope to effect so im-
portant a saving.
A RAILWAY MANAGER.

RAILWAY PROPERTY.
TO THE EDITOR OF THE SUN.

Sin,—Under ordinary circumstances, one would
not think it worth while to notice the mere rumours
of the Stock-Exchange with regard to railway pro
perty ; but, having seen in a late number of your
paper `• that Eastern Counties Railway shares are
quoted lower, in consequence of a report that
the present dividend will not be maintained," I
have every reason to believe, Sir, that the divi-
dend will considerably increase, and that I have no
hesitation in saying, that a better investment, and
more safe or sounder one, cannot be—supposing even
the shares to be at par, instead of the present absurd
price.

- Every one can now read for themselves the state-
ment just published by the company, and when the
traffic is fully developed we may expect, as Mr.
Hudson long since stated, a dividend of ten per cent.
Yours obediently,
A LOVER OF FACTS.
Ludlow, Nov. 22, 1848.

WEST INDIA MAIL.

SOUTHAMPTON, THURSDAY MORNING.

The Severn, Captain Vincent, with the usual West
India mails, has arrived. Her dates are—Tampico,
October 14 ; Honduras, 13 ; Vera Cruz, 16 ; Deme-
rara, 18 ; Trinidad, 21 ; Jamaica, 23 ; Grenada, 24 ;
Havannah and Barbadoes, 28 ; St. Thomas, Nov. 1 ;
Bermuda, 8. She brings forty-eight passengers,
648,426 dollars (5,000 of which are reported for
Mexican dividends), 704 oz. of gol.l, 4471. worth of
British coin, 173 serons of cochineal, eighty-seven
cases of cigars, twenty-four bales of tobacco. She
experienced very rough weather on her passage home.
(From Cordova 's Mercantile liztelligencer.)
JAMAICA.—Since our last, the trifling improvement
has subsided, and the markets are duller than before.
Sugar has receded materially, owing to the large
supply, and the unfavourable news by the packet, and
cannot be quoted higher than 13s. to 17s. per 100 lbs.
Freights: None offering in Kingston ; 31. per ton
has been given for sugar at the north side. Ex-
change on London : Colonial Bank, 90 days, 1 per
cent. prem. ; 60 days, 14 per cent. prem.; amaica
Bank, 90 days, 1 per cent. prem. ; 60 days, 14 per
cent. prem.
The English brig Eliza, of Liverpool, had been
lost. Crew saved.

SPORTING IN TELLIGENCE.
LIVERPOOL AUTUMN STEEPLECHASES.
WZDNESDAY.

A Free Handicap Hurdle Stakes of 10 soya. each, h ft,
and 50 added. Two miles. (11 Subs.)
Lord Strathmore's Chatham, 5 yrs, lOst 121 b (Frisby) 1
Captain► Lane's Midnight (late The Thease), 4 yrs... 2
The following also started, but were not placed:—
Jack, 1 Ist 41b—Premier, lOst 111b—Mignionette, lost
51b—Linnaeus, lOst 31b—Farnham, lOst 31b, and Bruce,
9st 51b.
6to 4 agst Chatham, and 4to 1 agst Midnight. Won
easily.
Handicap Sweepstakes of 20 sovs. each, h ft, and 100
added; the second to save his stake. Four miles.
(46 Subs., 21 of whom paid 5 soya. each.)
Mr. J. Henderson's The Doctor, aged, 1 Ist 21b ... 1
Mr. J. Storey's The Victim, 6 yrs, llst 21b... 2
Mr. Harrison's Venom, 4 yrs, lOst 3
Mr. Nichol's Justice to England, lOst 51b ... 4
The following also ran:—Proceed, 12st 21b—Peter
Simple, 11>t 51b—Alfred, lOst 51b—Equinox, lOst 41b,
Sparta, lOst 71b, and Velocity, Sat 101 b.
Betting-5 to 4 agst Proceed, 4to 1 agst Alfred, Bto
1 agst Doctor, 10 to 1 agst Victim, 12 to 1 agst Venom.
The Doctor made strong running all the way, and won
easily. Proceed, Alfred, and Velocity, took the fence
out of the course, and went no further.

SECESSION OF THE HON. AND Ray. BAPTIST W.
NOEL.—From the inquiries we have made, we believe
that the rumour which has reached us respecting Mr. Noel'sintention to secede from the Establishment is
well founded. We are informed that he has announced
his resolution, in a letter to his chapel-wardens, but
states that he shall continue to officiate at St. John's
Chapel for a short time longer. The public will no
doubt soon receive an authentication of the statement
from Mr. Noel himself, together with his reasons for
taking so important a step. We have since beenin-
formed, on trustworthy authority, that the above rumour
is strictly correct, and that in a few days Mr. Noel will
probably make a public rtatement of his reasons for se-
ceding from the Church, but that he will not resign his
pastorship until Midsummer next. We understand that
the Church and State question is the only cause assigned
for the step.—Noncenfermist.
PARISH OP ST. CLEMENT DANES.—Yesterday, at
one o'clock, the polling for the vacant vestry clerk ship
of this parish recommended, and was kept up with vigour
until four o'clock, when the books were finally closed and
the state of the poll made up and declared. The day's
poll showed a majority in favour of Mr. Score, but the
gross poll stood as follows:—lsaacson 666„Score 625,
Murrough 89, Bisgood 34. The total number of voters
has been 723, a larger number than was ever polled upon
a similar occasion out of an assessment of 1,500, and in
the course of three days' election upwards of 8001. has
been paid for rates.