The Sun.
London, England, 1846-02-02 00:00:00

E SUN, I,ONTDON, MONDAY EVENING, FEBRUARY 2, 1846.

haviour of those dogged sticklers for the exist-
ing corn-laws, who are now attempting to do-
minate the country for a party purpose ; they
resolutely shut their eyes against the day-dawn of ex-
perience, they forcibly close their ears to the trumpet-
voice of reason, and are for blundering on in their old,
blind way. And, although the only feasible assistance
which could be afforded to a cause sa untenable as that
of protection would be something specious in the rhe-
toric of its advocates, their orations are mainly com-
posed of personal recriminations and utterly useless re-
solutions. Nevertheless, what they lack in ability they
realise in determination and assiduity. Their philosophy
is peripatetic and practical as far as language is con-
cerned ; but we railer conjecture they will find them-
selves in the predicament of the gentleman mentioned in
the nursery puzzle—who "walked and talked, and half-
an-hour after his head was cut off !" We have
already observed that these agriculturists perceive the
impossibility of retarding a reform in commerce by any
generalised effort on their part, and hence they resort to
the final and Quixotic attempt of trivial measures—
they determine, if possible, to destroy the present
Ministry by turning the Premier out of his borough;
to oust the First Lord of the Treasury from office by
depriving him of his scat as a private Member of Parlia-
ment. This is indeed a dashing manoeuvre on the part
of the Warwickshire and Staffordshire agriculturists ;
and, inasmuch as it was developed in the meeting held
in the Town hall of Tamworth on Saturday,
that meeting has a glimmer of importance.
A fortnight since at a similar assemblage
the fusee was ignited—it has now burnt

down to the end and the bomb has exploded. The lan-
guage of the explosion is, " that Sir ROBERT PEEL do
render back to the electors of Tamworth the trust com-
mitted to him." That language is to be conveyed as a
requisition to the Prime Minister, backed with the sig-
natures of many among his constituents : and this is an
epitome of the recent disturbance at Tamw•orth. Mr.
HENRY JOHN PIE, whose enthusiasm for a continuance
of the present system we had occasion to mention some
few days since, presided on Saturday as chairman; and
assuredly his style of discussion is immense for its
audacity, however Lilliputian it may be for its correct-
ness. When, for instance, he declared that " the Mi-
nister had, by his own admission, been stumbling on in
error for the last thirty years," he was either
actuated by an erroneous impression, or was testing
the credulity of his auditors ; for, as we have
formerly insisted, Sir ROBERT PEEL'S political
career has been a career of progression—and a progres-
sion most palpably graluated ; his conversion to the
great principle of unrestricted commerce has been
cautious, slow, and clearly traceable ; and hence the
assumption of Mr. PIE holds for absolutely nothing.
Neither do we perceive the force of his reasoning,
when he maintains that the proposed reformation in
trade should have been advanced by the League orators,
and least of all by the present Minister. Without reference
to any other consideration, it was the most advisable,
the most manly, and the most conciliating plan that Sir
ROBERT PEEL, himself should advance the doctrines of
free trade in the House of Common:, and propose their
general adoption. As to Mr. PIE'S corollary to this
observation—" P'elmam qui nzeruit ferat"—such will
he actually and inevitably the case according
to the present arrangement. Mr. COBDEN and
his colleagues will receive their just guerdon of applause,
as among the origloators and faithful upholders of tha
prodigious agitation which is now reaching its ultimatum
of success. Lord Joule RUSSELL will obtain the pro-
found approbation of his countrymen for being the first
statesman who stood forward upon this great question and
acknowledged himself to have been in error ; and Sir
ROBERT PEEL will have the praise of posterity for an
act of Ministerial greatness and political magnanimity
which is without one single parallel in the records of a
constitutional monarchy. The people will find that they
have acted as an enlightened nation should, under cir-
cumstances of a like nature, namely, peaceably but with
determination ; while the SOVEREIGN will feel an
ineffable satisfaction in the happiness diffused among
her subjeets, as well as in the glorious end bloodless
victory which will illustrate her reign. Animated with
these considerations, the Premier can treat the squab-
bles of his constituency with a placid and dignified self-
possession, seeing in them only the appeals of Mammon
and Monopoly.

Madrid journals of the 24th and 25th ult. have been
received. In the Chamber of Deputies, on the 24th,
Senor SALAMANCA made a long speech in his defence
against certain allusions of the Minister of the Interior,
which he considered were directed against himself. lle
denied that he had made his fortune during the civil
war, for he had acquired the greater part of it in Eng-
land, by his industry and integrity. He had likewise had
dealings with the Spanish Government, which had been
equally advantageous to the Treasury and to himself,
and he had powerfully contributed to raise the national
credit. At the same time he utterly disapproved of the
present financial system, and especially the connexion of
the Government with the Bank of San Fernando. Senor
MON defended his financial policy, but we find nothing new
in his speech. The marriage of the QUEEN with Count TRA-
PANI iS Still a principal topic of convmation. The majority
of Members who signed the paper binding themselves
to insist upon a more decided explanation from the Mi-
nisters: remain firm in their resolution. General
NAUVAEZ, on the other hand, is equally peremptory in
refusing to give any public assurance, on the pretence
that the demand is unconstitutional, and would be opening
thedoor to revolutionary exigencies ; whilst it is said that
two or three of his colleagues are anxious that some sa-
tisfaction should be given, so aa to tranquillise the
country. It was currently reported that there would be
a partial change in the Cabinet in consequence ; but up
to the last nothing has transpired.
The Espanol, in adverting to the Count TRAPANI,
says We want no more Neapolitans, no more ava-
ricious princes, no more members of a family wh )se
cold egotism forms such a contrast with the generosity
and nobleness of the national character, whose debility
would make them easy instruments of influences foreign
to the interests of our country."
The papers of the 25th state that a Cabinet Council
was held on the preceding day which lasted three hours,
and that a " Ministerial crisis" was anticipated. A list
of a new Ministry had appeared, in which are the names
of MM. ORLANDO, BENAVIDES, BONCALI, LARA and
CASI RO-Y- 0 ROZCO, with General NARVAEZ as President
of the Council.

On the 24th the Three per Cents. closed at 321 at GO
days ; the Five per Cents. at 231 at 60 days ; and the
Coupons at 24i at GO days.

On Saturday, in the French Chamber of Deputies,
M. BERRYER proposed, in a speech of considerable
length, his amendment on the sth and Gth paragraphs
of the Address, relative to the line of policy France
should adopt in case of a war between America and Eng-
land, and entered into a narrative of the differences that
had arisen between England and the United States on
the Oregon question. These had been adverted to in
the Speech of Queen VICTORIA, and from that docu-
ment it appeared that the contention was not at an end,
and that Great Britain would make concessions only
consistent with her interests and honour. An arbitration
had been proposed, but the United States would evi-
dently refuse it. A quarrel was, therefore, imminent
between those two great powers. What would the policy
of France be? M. GUIZOT bad given the Chamber to
understand that it would be a neutrality, but the Address
said nothing of it. France would be placed in a critical
position, and it was of importance to fix the conduct to
be pursued by her in a solemn way. In his opinion, the
Ministry had inclined in favour of a power which was not
the real ally of France. Powerful interests and old recol-
lections seemed to connect France with the United States.
It had been, perhaps, more politic to unite against
a rival power that domineers over the world. Be this
as it may, the Chamber ought to know to what extent
Frauce had been engaged, and whether the sacrifice of
her dearest interests had not been required. Ile next
examined the conduct of France in the question of the
annexation of Texas. lie blamed the conduct of the
Government throughout that affair, being convinced that
it was not a French interest that had guided it. France
had no reason to dread the aggrandisement of the United
States, and no motive for opposing the annexation of
Texas. All the arguments advanced by M. GUIZOT had
been groundless. What had been the motive for such a
policy ? A desire to please England. The dignity of
Francs had been often compromised, and it behoved the
Chamber henceforth to uphold and guard it. France
had, without any interest of her own, been made to join
England in her opposition to the American Government.
The French Government had not acted honourably to-
wards the United States in the matter. He then pro-
ceeded to criticise the French policy with respect to La
Plata, Madagascar, and elsewhere, and maintained that
in all concession to England was the dominant motive.
Reverting to the declaration of neutrality made by M.
GuizoT, he said, nothing could be more hostile
to the United States than that announcement, or
a greater deviation from the true policy of France
M. GUIZOT rose to reply, and was left speaking at the
hour of post. The speech of M. BERRYER it was said
did not make much impression on the Chambers, though
his sentiments coincide with those of all the Opposition
Members. Ergland can, however, see from it the line of
policy that will guide the Right and Left in case of a war
between England and the United States. The discussion on
the University question, which had lasted for four days,

was brought to a conclusion on Friday without a di-
vision. It was a long, te:lions, and uninteresting affair,
and has thus produced no result. The opinions of
the Paris press on the new Tariff proposed by
Sir ROBERT PEEL possess comiderable interest,
and we therefore give numerous extracts from
them. The Journal des Debuts gives a sum-
mary of the plan with little comment. It states
that the reduction of duties is perfectly spontaneous on
the part of England, without any bargain or promise on
the part of France. The Const;thtionne/ says
This plan, presented with great ability, is equally well
concocted in all its detai!s. But it shows that Sir IL Peel
has yieltied enormous concession to the manufacturing party,
and that the compensation offered to the landed interest is
little more than a nullity. The battle will be sharp, but can-
not be doubtful. Sir Robert has the whole Opposition with
him, and he will easily find among his own friends a hun-
dred votes to give him a majority. Since the Reform Bill,
the Parliament of Great Britain has not had any question of
such weight to resolve upon as that which is now submitted
to it, and the changes proposed will, if they be adopted, have
most assuredly immense consequences on the economy of the
country."
The Presse, after giving the heads of the proposition
of Sir ROBERT PELL as regards articles of food, add:—
" As regards manufactured articles, Sir It. Peel could cut
away at full liberty for two reasons. First, because England,
thanks to the secular protection which she has enjoyed,
and all the mechanical resources which she has appropriated
to herself before all other nations, is without a rival in all
the great manufacturing brancl.es. Next, because by the
intelligent reform which she effected in 1842, the raw pro-
duce which she receives from foreign countries has been
relieved from all duties, whilst elsewhere, amongst us, for
instance, these matters are still charged with heavy duties,
which necessarily increase the price of the manufactured
article. In proposing to the English manufacturers to give
up a protection altogether superfluous, Sir R. Peel reminded
them, by a quotation from Adam Smith, that they had been
the first to invoke for their profit the establishment of these
monopolies against which they protest loudly, now that they
have no longer need of them. This little quotation, which
has the merit of being just, was much applauded by the
agricultural party. Sir R. Peel therefore reduces the tariff on
cotton, woollen, and linen cloths. It may be taken as cer-
tain beforehand that the imports from abroad will scarcely
increase fom his doing so. As to silks it is another matter,
as the diminution ofduties may facilitate some ventures from
France, although the duty is still tolerably high. The
avowed object of these reductions, and some others, is to in-
duce other countries to- do the same. In this respect it is
probable. that each nation will consult its own advantage,
convenience, and position, before considering itself bound to
a reciprocity which for most of them would be perfectly il-
..

lusory."
The Epoque says :—" Such are the general features of the
new financial plan of Sir R. Peel. He proposes it boldly,
reckoning on the wisdom of his combinations and on the re-
sources of the country to till.up in.the Treasury the chasm
which so many deductions ought seemingly to cause there,
to serve even to the augmentation of the imposts which the
grand interest of the national defence naceesitates. It is
wholly in consulting the wants of England, and without
having previously negotiated with foreign powers, that he
accords these new facilities to the foreign trade; the example
of England will besides, he hopes, find numerous imitators."
The: Ske/e: gives an analysis of Sir R. Peel's plan, but
makes only one observation of any interest. It remarks that
the Minister, although he has announced a reduction of the
duty on silks, which may have a beneficial effect on the
manufactures of this country, says nothing about French
wines, and proposes a smaller reduction in the duty on
brandy than was offered by the Whigs in 1840.
The Commerce says, " These", reforms are extensive and
liberal, and they ought to produce important modifications
in the foreign relations of England. It will be curious to
observe what effect they will have upon the manufactures of
this country. First of all, however, it is to be seen whether
Sir Robert Peel's plan will not undergo some material altera-
tion before it receives the sanction of Parliament."

The Courrier Francais offers no observations on the plan
of Sir Robert Peel, but promises to give its opinion on the
subject.
The Quctidienue says—" Whilst our doctrinaire Ministers
are endeavouring to escape from crises by expedients of cor-
ruption, Sir Robert Peel is showing how a 111111 of strong
mind can exercise a mastery in social traasformations. The
contrast is a striking one. In this country the system of
artificial majorities leaves all questions undecided ;—in Eng-
land a policy of reason resolutely attacks and solves them."
The following are the opinions of some o: the papers
on the late gallant aftsir in the River Plata :
CONSTITUTIONNEL —" It is with a just pride, mingled with
regret, that the public will read the various episodes of this
affair, in which the bravery of our soldiers and sailors were
again displayed, but the result of which has been Purchased
by such sensible losses. An unhappy chance exposed the
St. Martin to the cross-fire of the batteries of the enemy and
to one of the vessels of Rosas. Tue consequence was, a loss
much greater on our side than on that of our allies. Our
seamen were not wanting in bravery and skill ; what was
wanting was the prudence which is not incompatible with
skill and bravery. Here is a combat which costs us 18 killed
and 70 wounded. Will the consequences compensate for this
painful sacrifice? This, unfortunately, is very doubtful. It
will be said that by the destruction of the batteries the
Parana is open to commerce. This will be the case so long
as the allied forces shall be present; but it is not evident
that when they shall have removed, Rosas, who is master of
the country, will again close the passage. It is against the
power of this man, who is the enemy of civilisation, that we
should direct our blows. It is himself whom we should con-
strain to respect the rights of European commerce, and the
liberty of independent nations. As long as Rosas shall not
be rendered powerles to annoy, the European question in the
Plata will not have advanced a single step, and the generous
blood that is shed will produce no fruit."
NATIONAL.--" Our seamen covered themselves with glory,
and their intrepidity produced from those who witnessed
their bravery the mo:t honourable and spontaneous testimony.
This is a new proof of what we may expect from our army
and navy when well directed. We do not hesitate to declare
that the English squadron also did its duty nobly, nor must
we forget that the soldiers of Rosas made a valiant resistance.
We do honour to ourselves in rendering justice to our rivals
and enemies. May the fresh blood which has been shed on the
banks of the Plata efface some of the stains indicted by the
cowardly policy of our Government."
counniEß FasaNcars.—" Whatever may be the result of
this affair, we canot help first of all making the remark
that here, as at Madagascar, the loss and damage have fallen
more particularly on us, and that here, as at Madagascar, it
is England that will profit by the combined interference.
We are no lovers of a glory that must be shared with others.
France reserves to herself the honour, and lets others reap
the profit. Here, besides, as it will come to pass at Madagas-
car, this first victory will not prove anything. To bring
under :subjection the Gauchos, as the Hevas, it will be ne-
cessary to occupy and pursue after having conquered. To
pursue the Gauchos in their immense and desert pampas is
dangerous, and would be useless. It will be necessary,
therefore, to occupy some points on the banks of the river, as
we shall have to do on the coasts of Madaga,car. What
will be the result ? That England will be there before us,
with or without us. We abstain from every other re-
flection."
IBRAITI3I PACHA was expected at Paris on Saturday.

On that day the Funds were &fn. The Three per Cents. closed at
83f. 75c. ; the Five per Cents. 122 f. 80c.; the Orleans Railroad
Shares, 1,262 f. ; Rouen, 1,005 f. ; Travee, 732 f. Mle ; Avignon, 985 f. ;
Yierzon, 700 f.; Bordeaux, 640 f.; Boulogne, 540 f.; Basle, 253 f. 75c.;
Great Northern, 7531.75 e.; Fampoux, 495 f. ; Belgian Two-and-a-
n:di' per Cents., 57 ; Spanish Actives, 37%.
The following are the quotations for the newilines :
Penis and Lyons, definitive, 609 f. ; :Paris and Strasburg, defini-
tive, f,39f. ; Tours and Nantes, definitive, 565 f. ; Lyons and Avignon,
definitive, 570 f. ; Bordeaux and Cette (Mackenzie), 502 f. ; ditto
(Espeleta), 50if.; Charleroi (Kysaens), 497 f. 50e. ; Caen Dela-
marre), 502 f.
LYoxs, JAN. 29.31arseilles and Avignon, 9801'. ; Paris and Rouen,
I,olof.
VIENNA, JAN. 24.—North, 190, Gloggnitz, 146% ; Milan, 126%;
Leghorn, 11814 ; l'esth, IQS h ; Sienna, 100 ; ()rosette, 98.
BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, JAN. 31.

Boulogne and Amiens, 11 alcutta and Diamond Harbour, 14
p.—Ceylon, I!;,—Dutch Rhenish, 77,i —East Indian. 1!4 —Groat
Northern of France Constituted, 143i—Lyons and Avignon, 216
Luxembourg, —Namur and lA. ge, —Orleans and Vierzon,
17% —Orleans and Bordeaux, 11% —Sambre and Meuse, 5%.

MONEY and COMMERCIAL NEWS.

CITY, QUARTER TO THREE,

The sales of Cotton at Liverpool, on Saturday, were 5,000
bales, all to the trade, and at about former prices. There
was some improvement in Shares, and the market closed
better.
There are dates of Dec. 13 from the Cape of Good Hope.
The colony, although prospering in respect to seasons, &c.,
was suffering from political excitement, and the emigration
from Natal had act ceased. The new point of attraction
now to the Dutch farmers was a piece withm eight days'
march of Delagoa Bay. About three hundred men
had arrived there ; and the country, as is usual
with new settlements, is described as being more
fertile than the districts the adventurous farmers had just
quitted. There had been a shocking murder committed by the
Caffres on the frontiers of the colony, the Rev. Mr. Scholtz,
a newly arrived missionary, being the victim. The hard
road had been firmed at last across the Cape Downs. The
schooner Charles, with 140 tons of guano had been wrecked
on the Bird Islands, and although the crew were saved, they
lost all their own effects as well as the ship.

Nothing ;:eridifferent to what has previously come to
hand is contained in the American advices. .

The English investments have not been quite sustained at
the elevated point of Saturday, but this arises probably from
the comparatively limited business that has been doing.
Consols have realised 94% % for present transfer, and 95
to % for time. The premium on Exchequer Bills
has been also rather lower, viz., 255. to 28s. In Bunk and
India Stock we have heard of no bargains. Sc uth Sea Sto k
is 105 to 106. The New Three-and-a-Quarter per Cents.
have been 97% to %, and the Three per Cents. 95 to %.
Money is rather tight still.
For foreign stocks the demand has not been active, but
still there is rather more doing than there 'was at the close
of last week. Spanish Five per Cents. have been 28 to 1%,
and the Three per Cents. 3814 to %. Portuguese Three per
Cents. have been 5914. Mexican Stock is heavy at 30%
for the Five per Cents., and at 16 for the Deferred.
Buenos Ayres Bonds are worth 411/._,, Equador 314, and
Peruvian 38. French Five per Cents. have been marked
122 f. 50c., with the exchange at 25f. 70c. Dutch Two and
a Half per Cents. have been 59%, and the Four per Cents. 94
to %.
Shares are steady, but rather dull. Caledonian are
14% ; Chester and Holyhead, 21 to 22; Eastern Counties,
221 s to 14 ex. dividend; Great Western, 169%; Bir-
mingham, 229 to 230 ; Blanchvale, 91s ; Croydon, 221/., to 3./t ;
London and York, 4% %; Midland, 152 ex div. ,• Brighton,
69 to 681 A ; North British, 24:i • North Kent, 2%; South-
Eastern 3834 ; Lichmond, from 17 to 16%; Trent Valley, 21
to 14 ; Newcastle and Darlington, 45% ex all.; York and
North Midland, 102 ex.all.; Dutch Rhenish, 7%; and Great
Northern of France, 14% to 15.

ONE CLOSING
BRITISH FUNDS. O'CLOCK. PRICES.
Bank Stock .. .. .. .. .. .. .. 207%
Three per Cent. Annuities .. .. .. 9514 % 95%
Three per Cent. Consols Annuities .. .. 94% % % 94%
New Three-and-a-Quarter per Cent. Auns. 97% % 97%
Long Annuities, Expire lan. t,, 1860 .. lil%
,Ditto, 30 years, Jan. 5, 1860 .. .. 10% 10%
India Bonds, 1,000/. .. .. .. .. ..
Ditto, under 1,000/. .. .. .. .. 30
South Sea Stock .. .. .. .. .. .. 105 106 106
Consuls for Account .• • • • • • • •._ _
.95!8 95%

. _
Exchequer Bills. 1 Ad. 1M d.
1,0001... .. .... 25 28 pm 28
5001. .. .. .... 25 28 pm 28
Ditto, Small .... 25 28 pm 28
ONE CLOSING
FoDEIDN FUNDS. O'CLOCK. PRICES.
Ditto, New Bonds, 1829 and 1839 .. 82
Buenos Ayres Bonds, G per Cent .. 41% 41
Chilian Bonds, 6 per Cent .. .. .. 98
Equador Bonds .. .. .. .. .. 3% 31(1
Mexican Bonds, 1837, 5 per Cent .. 30% 30%
Ditto, Deferred .. .. .. 16 %, 16%
Peruvian Bonds, 6 per Cent... .. .. 38 38
Portuguese Bonds, 5 per Cent .. ..
Ditto, 3 per Cent .. .. .. 59% 59%
Portuguese Four per Cents .• • • —• 58%
Spanish Bonds, 5 per Cent .. .. 27•31,
Ditto, for the Account .. .. .. 28% 28 27 Y 8
Ditto, l'assive Bonds .. .. .. —6%
Ditto, Three per Cent .. .. .. •
Ditto, for the Account .. .. .. 38% % 38%
Venezuela Bonds, 2 per Cent .. .. --
Ditto, Deftrred .. .. .. .. 13%
Dividends on the above payable in London.
Frei:ch Itentes, 5 per Cent .. .. 122 f. 50c. 122 f. 50e.
Exchange .. .. .. .. .. .. 25C 70c. 25f. 70c.
Belgian Four-and-a-Half per Cent .. 97%
Dutch Two-and-a-Half per Cent .. 59% 09%
Ditto, 4 per Cent. Certificates .. 94% 941,.1
ItUSINESS
PRICES OF CLOSING
PAID. DONE AT
RAILWAY SHARES. ONE O'CLOCK. PRICES.
Amber., Notting., Boston and
Eastern Junction .. .. .. 2% .. •• 2% ...... •• . • 2%
Birmingham and Oxford Junction 2 .... 2% ... .. 2%
Boston, Stamford, & Birmingham. 225. .... 1,4 dis.. .
Bristol and Exeter .. .. .. 70 .... 86 .......... 66

Puc~inghamshire .. .. 425. .... par . .
Caledonian .. 10 .... 147 i, ..

Ditto Half Shares .. .. 2j.... 3.y; 34.
Ditto Extension ..
_21,4 .... . .. . 2%

~
Chester and Holyhead .. .. .. 20 .... 22 21- ...
Eastern Counties .. .. 141. ICs. .... 22►,y % x d • • 22% a d
Do.Terpet., 5 per Cent. No. 1.67 13s. 4d. %-% p % p
Ditto, ditto, .. .. No. 2. 61. 13s. 4d. %p •
East Lincolnshire .. .. .. ..
_ll4 .... 21/23/ 2%

Edinburgh and Glasgow .. .. 50 .... • . ..
Ditto New IA Shares.. 7%.... 13%. 133
Edinburgh and Perth .. .. 3 .... .....• • ... 4
Goole, Doncast., and ,heftleld, &e. 425..... 1% p.. •• .. 1% p
Grand Union (Nottingh. & Lynn) 1%.... . l%
Great Western .. 85

Ditto, Hall Stares .. 50 .... 94 93 ........ 93
Hull and Selby 50., • —.106 106

- - -
Liverpool and., Leeds Direct .. 2%.... • • ........ 2
Liverp., 'Manch., & Newc. Junct. 2%.... 3% .. 3%
London an Birmingham ...... 100 .... 230 229........ 229
Ditto Thirds .. .. .. .. 16 .... 51% . .
Ditto Quarters .. .. .. .. 2 .... 28%34 29 .... 28
London and Blackwall .. 161. 13s. 4d. 9% . 91gi
Ditto New .. .. .. .. 21,'t .... 4% 4%
London nd Brighton .. .. .. 50 .... 69 6S 1y .. . .
T)itto ditto Fifths .. .. lO .... 21
London and Croydon .. .. 131. 15s. 9d. 22%y, .. .. 21%
London, Hounslow, & Western .. 2 .... 1 .......... 1
London and Sonth-Wes'ern.. 411. Gs. 19d. --
Ditto, New Consol. Eighths .. 28 .... 43%
Ditto, New .. .. .. .. 714 .. .. - ..
London and York .. .. .. ..
~.2% .... 43/4 1,-4 . 4%

Manchester and Leeds .. 82.-

Ditto, Ilall Shares .. 38 .... 61% 64 ...... 64
Ditto, Fifths 1 .... 12% . .
Manchester and ltirmingh.int .. 40 .... ........

I,ltto, New Quarter Shores .. 2 .... 9 ........ 91,4
Manchester, Buxton, Sc. 3latlock 425..... 1 p.... • . 1‘74 p
Manchester and Southampton .. 2 ....
Midland .. ..100 .... 152 ex d
Ditto, New .. .. 12 .. 29 28 ..
_ _ _

Ditto, Birmingham and Derby 109 .. .. 120 122 ex d.... 122 x d
Newcastle and Darlington Junct. 95 45% ex all ....45% x all
Ditto, New, Brandling .. 20 .... 40y, x ....39i1 x all
Newcastle and Berwicit .. 10 .... 22 21 ... . . . 22
North British .. .......... 24%

Ditto, Carlisle Extension .. 11(t.... 3 ..... 3
Northern and Eastern .. .. 50 .... ..... —
Ditto, New .. .. .. .. 1 .... 19
North Kent and Direct Dover • . 2 .... 2%..
North Staffordshire .. .. • . 425. • ... 33 p.. ••li • • :”.l- p
Northern & Southern Connecting 2% .... 116 ... .
Northinpton,Batibury,&Clielthm. 2 .... 2%14 .. •.
Oxtd.,Worcester,& Wolverhmptn. 12% .... 16
Pertk and Inverness .. .. .. 2,, .... 1% 1.4
Richmond . .. .. .. .. .. 10 .... 17 16
.

Ragby,Derby, and Manchester.. 2%.... ---

, -
Shrewsbury and Birmingham .. 2 .... 43N . ..... 3
34
Shropshire Union .. 4.23..... dis ........ rd dis.

South Midland .. 425..... -2%l p.... 2;6p
South Eastern and Dovor .. • . 33%.... 38% ........ 3834
""'Ditto, New (iss. at 321.) No. 1. 18 .... 20 .......... 20
Do., New (do. 30/.) .. No. 3. 10 .... 124....1234
Do., New (do. 151.) .. No. 4. 213.... % 3%
Staines and Richmond .. 1 1 is
Trent Valley .. . • .. .... 21 2114
Welsh Midland .. .. .... 1%34

_
Wilts, Somerset, and Weymouth 2V, .... 3
Worccstr., Herefd., Ross, 34. Glou. 425..... 54 dis 54 dis
Worcester and South Wales .. 425..... k dis. . .
Watertbrd and Kilkenny .. 3 ....
York and North Midland .. ....102 ex all lo2x all
Ditto, Scarborough Branch .. 25 .... 49
Ditto, Extension .. 15 .... 35