The Sun.
London, England, 1848-06-09 00:00:00

BANKRUPTCY SUPERSEDED.
Stephen Davis and Adolphus Troeger, furriers, York;
BANKRUPTS.
Robert Wilson, surgeon, Slough, Buckinghamshire.
to surrender June 17, at two, and July 29, at eleven,
at the Court of Bankruptcy. Follett, official assignee,
Sambrook•court, Basinghad-street; Smith, Bedford-row,

Bowles, Windsor.
George Payne, wholesale clothier, Minories, June 21,
at twelve, and July 21, at eleven, at the Court of Bank-
ruptcy. Stansfeld, official assignee; Shield and Har-
wood, Queen•street, Cheapside.
William Bignell, tailor, Codicote, Hertfordshire, June
16, at two, and July 18, at twelve, at the Court of Bank-
ruptcy. Groom, official assignee, Abchurch-lane, Eom-
bard-street ; Taylor, Guildhall-chambers, Basinghall-

street.
Samuel Carroll, broker, Mincing-lane, City, June 17,
at two, and July 24, at twelve, at the Court of Bank-
ruptcy. Green, official assignee, Aldermaabury; Kirk-
man, Laurence Poultney-lane.
William Henry Hyde, printer, Newcastle-under-Lyme,
June 20, and July 18, at eleven, at the Birmingham Dis-
trict Court. Whitmore, official assignee, Birmingham;
Harding, Newcastle-under-Lyme.
William Sutcliffe, worsted stuff manufacturer, Brad-
ford, Yorkshire, June 23 and August 4, at ten, at the
Leeds District Court. Freeman, official assignee, Leeds;
Gregory and Sons, Clement's Inn ; Pickup, Bradford ;
Bond and Barwick, Leeds.
John Redman, coach proprietor, Liverpool, June 26
and July 14, at eleven, at the Liverpool District Court.
Morgan, official assignee, Liverpool ; Vincent, Temple ;
Minshull, Liverpool.
Edwin Phillips, baker, Shrewsbury, June 17, and
July 15, at half-past ten, at the Birmingham District
Court. Valpy, official assignee, Birmingham; Teece,
Shrewsbury; Reece, Birmingham.
Sarah Whitehouse, Edwin Whitehouse, and Alfred
Whitehouse, tin plate manufacturers, Newland, Glouces-
tershire, June 20, at twelve, and July 21, at
asseleven, at
the Bristol District Court. Hutton, official ignee,
Bristol; Philpotts, Earl-street, Blackfriars, London.
PRICE OF SUGAR.
The average price of Brown or Muscovado Sugar, computed
from the returns made in the week ending June 6,
1848, is 25a. 21Ad. perui

- --............_
MARKET INTELLIGENCE.
erwatPesricweeCreurrinensitsotefdJuunpeon9.
)
for
West India Sugar; on the part of home buyers little
S(uParaonin.—day
-d°7'y fulNl
desire was evinced to operate, and the sales privately
did not exceed 160, making 1,040 hhds and tierces for
the week. The market for all sorts of Raw Sugar closes
with a firmer tone.
REFINED.—Today the refined Sugar market was in-
active, and sellers are willing to accept 55s for standard,
and 54s for brown grocery lumps. Bonded crushed
Sugar met with a fair demand at 26s to 27s per cwt.
:-.)slAuarrtus.—This afternoon the operations by private
treaty were upon a more extended scale, and au auction
1079 bags sold at full rates, to a small advance—good
yellow went at 39s to 39a 6d, middling 38s to 38s 6d,
low 36s 6d to 375, and out of condition 325 to 38s 6d.
EAST INDIA.—This afternoon the quantity of Madras
Sugar offered at public sale amounted to 6,400 bgs con-
sisting of grocery kinds ; the whole sold at and after the
sale at stiff rates. Of Manilla 5,300 bags were sold at
lair market rates.
FOREIGN.—On the part of holders of Foreign Sugar
there is firmness, and with all descriptions the market
has been moderately supplied all the week. Previous
rates are in consequence supported, but few export
orders have been completed, and our refiners working
under bond are little in want of Sugar ; the home de-
mand has also been limited for all sorts. At auction 730
chests of yellow Havannah were disposed of.
MOLASSES.—HoIders of West India evince less firm-
ness, and are sellers upon rather lower terms, as the
demand is limited. Arrivals however continue small,aud
are less than in 1847 by 7,000 puns; there is a diminu-
tion in the stock of 1,200, and deliveries are of a more
satisfactory nature.
COCOA.—West India is still required, and as there is
a plentiful supply, a further tall in the value is apparent.
Of 250 bags Trinidad offered at a public sale, a part only
sold at 39s to 42s for middling and fine red, and at 38s
to 40-s for grey. There is a material increase in the Im-
portation over this time last year. Foreign met with
little attention, and prices are on the decline; some
parcels have been received.
COFFEE.—This at ternoon Plantation Ceylon was only
in limited demand, and 1,050 bags 24 casks at auction
only in part sold at barely former rates—good middling
went at 58s, middling 47s to 525, fine and fine fine ordi-
nary 34s to 38s 6d, ordinary and good ordinary 27s to
29s 6d, pea berry 40s to 44s 6d, and damaged 18s to
365. Ot Rio 152 bags were taken in at 29s for good ord.
TEA.—Holders of Green have been more inclined to
realise this week, the trade on the other hand operated
with caution, and a decline is apparent of Id to lid for
Hyson, and id for Twankay; other sorts are gene-
rally to be obtained upon rather lower terms, on
account of increased supplies. Congou is not offered
at auy reduction, and for fine blackish leaf and
Pekoe kinds a good demand has been experienced at
from Is 5d to is 8d per lb. The lower sorts are not
much in request, and ordinary to good common can be
purchased at.6id to 7id per lb. Pekoe Teas are offered
rather under last week's rates, but have not met with
much attention. The stocks of all sorts has further in-
creased. At public sale 5997 pkgs were offered, and
1000 sold.
Rica.--To-day East India Rice was dealt in with
more freedom by private treaty, and higher rates were
not to be obtained. At auction 800 bags Bengal were
taken in at 103 for good midding white, rather dusty and
a little broken, being above the value.
SAGO.—The demand is on the increase, and prices
are on the advance. At auction this afternoon 337
cases were sold.
SPlces.—To-day at auction 3 cases of Nutmegs were
sold at 2s 8d for middling brown, and at is 7d for wormy;
1 case Mace sold, ordinary is lid, but 100 bags wild
Nutmegs were taken in at 4d per lb.
SPIRITS.—The operations in Leeward Island Rum
have been trivial this week; holders insisting upon is 7d
to is lid for proof, and is 8d per gallon for good brown
ditto. Only a limited demand has been experienced for
Calcutta, at is 5d to is 6d proof. Of Penang about
200 puns and hhds, out of condition, sold at Is 4d proof.
Demerara is little required, and there is a desire to sell
26 to 36 per cent over proof at 2s 6d to 33. For Jamaica
prices remain much the same as previously quoted, on
the part of home buyers little inclination is evinced to
make sales, and export orders continue to be small.
Brandy there is no alteration in value this week, but the
market is in a quiet state, and the stock continues to
increase. Geneva is little wanted. For British made
Spirits are fully as high with a satisfactory demand,
and limited supplies.
COCHINEAL.—This afternoon the demand was dull for
Cobineal by private treaty, and 30 bags at auction were
taken in at 3s 10d for 3s 10d for Mexican black, and at
3s lld for mixed Teneriffe.
OlL—This afternoon a public sale of 20 tuns of
Sperm Oil sold at 791 to 791 10s, for fair 87 tuns
of Southern, low to fine 221 5s to 241 5s ; 84 'casks of
Palm were withdrawn.
TALLOW.—This afternoon little variation took place
in the value of Tallow; at auction 838 pipes 77 hhds
and 24 boxes South American were nearly all sold at
41s to 45s for low to fine; 85 casks North American
41s 9d to 431 6d; 518 casks New South Wales 38s 6d
to 44s 3d.

NATIONAL LAND SCHEME.
(THIS DAY.)
The Select Committee appointed to inquire into the
merits of the National Land Scheme met this morning,
in Committee-room, No. 21, House of Commons. Mr.
William: Hsyter, in: the chair. The other Mem-
bers of the Committee were Sir Benjamin Hall, Mr. G.
Thompson, Mr. Scholefield, Mr. Feargus O'Connor, and
Mr. Monsell.
Mr. Chinnery was called andlexamined. He said the
number of shares held by the persons who signed the
deed was 25,393. The deed was signed by 7,566 per-
sons, and the complete registration of the company was
effected in February last. Mr. Feargus O'Connor told
him first of all to register the society under the
Friendly Societies' Act; and if he should not succeed, to
register it as a Joint-stock Company. Mr. O'Connor
had never; said it was not his intention to register." Wi-
tness made Mr. Roberts, the solicitor, acquainted from
time to time with the progress which he had made in
effecting the registration. Mr.illoberts'sjname was in-
serted in the deed of settlement as treasurer of the com-
pany. Did not know that every person who became a
shareholder signed the rules of the National Land
gselinntglesmbyenDnuanmeeodrabae s,
Company- Knew nothing of Mr. Roberts' conduct as
treasurer in carrying out the provisions of the deed. The
Ernest Jones, Esq trustees in the deed were Thomas
Esq., John Sewell, Esq., and
with the money
of . but none of the property bought
the
mightcompany
hav e
beenhad eb
ne
ne
vn e cyed
onv,
teyedb t h e tom
those gentlemen. It
just as well as to Mr. O'Connor if they had been named
for that purpose. No land whatever which had been
purchased with the company's money
and consisted of one
oney was conveyed to
any one except Mr. O'Connor. The first purchase
of land was made in March, 1846,
hundred and three acres, called the Herringsgate Estate.
The purchase-money amounted to 2,344/. The next
purchase made was of land, at Low bank, in Worcester-
shire, in October, 1846. It consisted of 470 acres, and
the cost for the freehold was 8,5601., which was paid by
Mr. O'Connor in hard cash, in the presence of wit-
ness. Snigsend and Mot Farm was the next land
purchased by the company. There were 268 acres,
and the amount of purchase anoney was 12,2001. Another
purchase was of land at Minster Lovel, in Oxfordshire,
consisting of 297 acres, at the cost of 10,8781.; 280
acres 'were also purchased, called Dodstord, Hold-
fordawell, for 10,3501., which included timber,
and the estate was unencumbered. They were
of the
at present completing
t
called May thorn for l:iie purchase,osoL,ofan
exclusive o
timber upon it. The total amount of money actually
invested in land, in the way mentioned, amounted to
44,3321. Upon the last purchase a deposit :had
heen paid of 1,505/. No part whatever of the
land so purchased had been sold to any person.
Mr. O'Connor was the only proprietor of the
land and labour bank, with was connected with the
National Land Company, and the depositors in the bank
had nu legal claim upon the land which had been pur-
chased. Both the establishments were held under one
roof, and that fact might be calculated to mislead per-
sons, and induce them to believe that they were one and
the same concern. There were no directors, treasurers,
solicitors, or other officers connected with the bank, and
it was solely under the management of Mr. O'Connor.
The whole expense connected with the preparations and
execution of the deed was 2,176/., which included the
cost of endeavouring to enrol the society in the first in-
stance. That was the amount, of Mr. Roberts's bill.
Cross-examined by Mr. O'CONNOR—It had been ar-
ranged that the directors of the Land Company should
also be joint direetorsaof the Land and Labour Bank, but it