The Sun.
London, England, 1848-01-07 00:00:00

etirtalilla rnt

LONDON, FRIDAY. JANUARY 7, 1846

Out of a rather entertaining quarrel between the
author of an annual publication, called " Statistics of
the British Empire," and an intelligent writer in the
Westminster Review, the question as to the relative
proportions of our manufacturing and agricultural
population emerges in a somewhat dubitable condition.
The matter still remains unsolved, at least satisfac-
torily so. Further investigations must be made as to
the distribution of employment before the numerical
tables can be properly estimated. Even the occupa-
tion abstract of 1841, one of the most comprehen-
-5155 and elaborate Parliamentary Blue Books ever
printed, was insufficient fur the permanent settlement
of the inquiry : workers were omitted where they should
have been inserted, and inserted where they should have
been omitted. Too much importance was attached to one
particular class of operatives and too little to another.
There was evidence throughout the document of the
industry of those to whom had been entrusted the la-
bour of accumulating facts, but there was also mani-
fested here and there an extraordinary deficiency in
the supervision and a perplexing carelessness in the
classification. If these faults were perceptible in the
occupation abstract drawn up by the impartial toilers
of Parliament, how much more so are they manifest in
the Analysis of the Occupations of the People,"
compiled by the pen of a partizan so prejudiced and
enthusiastic as Mr. W. FREDERICK SPACRAIAN I If
there were sins of commission and omission in the
former arising from an inadequate distribution of
attention, there were flagrant perversions of truth in
the latter resulting from a spirit of factious pre-
possession. Wherever farm labourers were over-
calculated by Mr. SPACRMAN, be sure the miscalcu-
lation was preference, and wherever factory workers
were depreciated, either in efficiency or in numerical
strength, be equally sure that the depreciation was
-traceable to the same wilful predilection. In contro-
verting the statistical fallacies of Mr. SPACKMAN—
fallacies as ridiculously obvious as any of those ad
tluced in the House of Commons by Lord GEORGE
Bi TlNCK—the Westminster Review has displayed no
Insiderable acuteness, hut its merit is merely of a
nega Live character. It disproves a variety of errone-
ous s tements, hut it does not establish a succession
of acc urato details—details such as might be ranged
in tine pLices of the rejected data. It destroys—it
does not rebuild. It has critical subtlety, but is
-without smy of those qualifications which are essen-
tial to con stitute an astute and reliable statistician.
The reason why' Mr. SPACRMAN has failed in the
compilation of a satisfactory analysis of the rela-
tive proportions of labour, or of the precise distribu.
viola of employment in the various divisions of
Ge, eat Britain, is, that his judgment has
been warped by his political prejudices. He has

exa mined the question through the distorting lens of
part izanship. The reason, on the other hand, why
the Westminster Review has in no manner simplified
the difficulties of the estimate, is because of its in
tignation against the perverse figures of Mr. SPACE-
MAN and its wrath at the effrontery with which his
fallacious numerals are paraded in the broad glare ot
experience. Hew far the amazement ot the reviewer
has carried him away from the dry circumstances of
the discussion into the fruitless excitement
of declamation, may be discerned in his
comments upon an incidental remark in
depreciation of " the inherent principles of origi-
nality," perceptible in the history of the manufac-
turing interests. " Did we borrow the spinning-
frame," says the reviewer, " the jenny, the mule, the
fly. shuttle, or the powerloom from other countries ?
Perhaps it is an error in our recollection that ARK
WRIGHT, and HARGREAVES, and CROMPTON, and
KATE, and CARTWRIGHT were born in Great Britain.
Or perhaps we must place the biographies which tell
us of their patient trials and their final success in the
same category with the adventures of Munchausen
and Gulliver !" There is room, we will acknowledge,
for these sarcastic retorts upon Mr. SPACEMAN ; the
opportunity, we will confess, was tempting and almost
irresistible. A part of our national glory seemed to
he implicated in the allusion of the statist, and there-
fore we will confess that we might ourselves have
been tempted into the indulgence of remarks simi-
larly scornful. Yet, on dispassionate consideration,
the sneers of the IVestminster _Review are altogether
as wide of the mark as the idle scepticism of Mr.
SPACEMAN. After the jeer has been uttered, how
much nearer are we to the actual solution of the pro-
blem of the proportion and classification of our in-
dustrial community ? Not a furlong, not an inch,
not a barleycorn.
To all appearance there is little likelihood (at the
outset of such an investigation) of any inducements
arising for the display of party feeling. One would
imagine, at the first blush, that an occupation ab-
stract might be made without exciting in the mind
of the compiler, or in that of others, any of the
bitterness of political antagonism. Experience has
shown that such is not only the possible result of
such an undertaking, but its nearly inevitable con-
sequence. The bigotted assertions of Mr. SPACEMAN
have proved in a remarkable manner that partialities
and antipathies can reveal themselves as plainly in the
tables of an arithmetician as in the rhetorical fury of
a debater. In a different way, the Westminster
Review has afforded an example of the liability of the
most sincere inquirer being diverted from his investi-
gation by the fervour of a laudable truthfulness.
Beyond these lessons the discussion has hitherto been
null and profitless, and the Parliamentary Blue Book
of 1841 still remains—with all its indisputable imper-
fections—the most accurate repository of facts bear•
ing upon our national indu-try. Before its authority
can be superseded, the question must be treated by
some one more impartial than Mr. SPACEMAN and
less enthusiastic than the Westminster Reviewer.

After thirty-three years of peace, during whicb
period a number of improvements have been intro-
duced and made available, which should have insured
a high degree of national prosperity, when the true
capital of a country, its labour, might have been
wholly applied to the creation of wealth, and ample
resources for every contingency should be easily
available, we find ourselves in a position far worse
than that in which we were placed at the termination
of a protracted, sanguinary, and enormously ex-
pensive war, in which vast armies had been main-
tained, and half the European continent subsidised
with British gold. During the lattery ears of that conflict
an annual expenditure of nearly 110,000,0001. sterling
was met without any extraordinary difficulty, of which
more than 70,000,0001. sterling was defrayed from
the ordinary revenue of the country, and the residue•
probably not less than 40,000,0001., was raised by
loans, the greater portion of which, if not the entire,
was exported from our shores to other lands, and as
completely sacrificed fur every useful purpose as if it
had been cast into the sea. Still, the indomitable
energy of the British people overcame every difficulty,
and brought that war to a triumphant conclusion.
The person who would then have ventured to assert
that an extraordinary expenditure of thirty millions
would have paralysed our commerce, closed our fac-
tories, depreciated every description of property, and
reduced our industrious operatives to a state of penury,
if not of actual pauperism, would have been laughed
to scorn, and regarded as an imbecile driveller. Since
that period our population has increased more than
40 per cent., and• the realised property of the country
in a still larger proportion ; there are now more than
twenty-eight millions of inhabitants in the British
islands, with an accumulated capital worth, at the
lowest valuation, five thousand millions of pounds
sterling, and yet in what condition do we find our-
selves ? Our merchants and manufacturers have been
reduced to the verge of bankruptcy. Many, indeed,
have been obliged to succumb under the difficul-
ties to which they have been exposed. The long
established honour of the British name has been tar-
nished. Our credit has failed in every part of the
world, and confidence is no longer entertained in the
integrity and solvency of the merchant princes of
England. We are no longer enabled to supply other
nations with the products of our skill and industry.
We have orders in abundance for our manufactures,
but, alas ! they cannot be completed, because the
scarcity of the circulating medium and the exorbitant
rate of discount prevent our manufacturers from ob-
taining the fair and reasonable profits of their enter-
prise. The condition of the labouring classes is,
unhappily, too notorious. They are enduring unpa-
ralleled privations, obliged to relinquish all their
ordinary comforts, and to be contented with a scanty
supply of the humblest fare ; and in addition thereto,
although we are subjected to an income-tax—that
which has been universally looked upon as a war im-
post—a e have a revenue inadequate to the national
expenditure, a deficiency which must be supplied by
the imposition of new taxes, or a considerable addi-
tion to those already in existence.
Surely, under such circumstances, it is incum-
bent on our legislators to remove the causes
that have led to such a lamentable state of affairs,
that have brooded as incubi over the happiness and
welfare of the people. They are by no means
obscure, nor does it require any extraordinary acute-
ness to discover or explain them. By fur the greater
portion of our sufferings and disasters may he traced
to the operation of our monetary code—to the law
introduced in 1819, and rendered more stringent in
1844—t0 the insane craving for gold—the "auri sacra
fames," which has induced the nation to sacrifice its
prosperity, and the happiness of the people to what is
termed the integrity of the standard—that some ten
or fifteen millions of bullion, the proper
use of which would be productive of
the most beneficial results, may lie idle
and unproductive in the coffers of the Bank,
and that gold sovereigns may pass from hand to
hand as the medium of exchange, in place of the
smaller denominations of Bank notes. Yes, the curse
of Midas is on the country. We emulate the folly
of the Lycian Monarch, who desired that everything
he touched might be transformed into gold, and too
late discovered that be might perish from starvation
in the midst of his glittering treasure. The fable
contains an instructive moral ; would that our law-
givers would profit thereby. There are other things
more essential than gold. We should not sacrifice the
substance in grasping at the shadow. The nation
languishes from the want of an adequate circulation.
If we had a national currency receivable in payment
of the taxes, and secured, as our national debt or Ex-
chequer-bills, upon all the resources of the country,
there would be the means of keeping every person
able and willing to work actively and usefully em-
ployed ; but,
like Midas, we will touch nothing but
gold, and the body politic starves from the inanition
old is a moatvie husefulaveo slave,ur rew reward
but
thereby occasioned. G,erily,
a most tyrannical and despotic master; we elevate it
from its true position, and, v

The Palria of Florence, of the 30th ult., an-
nounces that a fresh popular demonstration took place
at Naples on the 25th. Several members of the
aristocracy had been arrested. The Duke of LUCCA,
it is said, had secretly arrived at Parma.
In the Gavite of Parma of the 29th ult. appears
the proclamation of the new Duke. A true Bourbon
—he has learned nothing, he has forgotten nothing.
He declares he will introduce no change in the insti-
tutions established by MARIA Loma, whose ex-

ample he will rigidly follow. Thousands of persons
of all classes have signed an address to him, setting
Forth the dangers he will incur if he does not grant
the reforms demanded by the :people. Preparations
ure making in Parma for the reception of a large body
of Austrian troops.

MARIA LOUISA has left all the jewels presented to
her by NAPOLEON to the Emperor FERDINAND, and
her furniture, plate, linen, houses, and her palaces in
Italy, to the Duke of LUCCA.

Madrid papers of the 31st ult. have been received.
ESPARTERO had announced to NARTAEZ his inten-
'ion of entering Madrid incog., in order to avoid all
public manifestation of feeling.

The Minister had demanded of the Chamber of
Deputies the power of levying taxes to the month of
June next. This had given rise to a rumour that it
was intended to dissolve the Cortes. The .Heraldo
however,ldenies the existence of any such intention.
CiolL has been chosen Chairman of the Committee
on the Budget.
MADRID 130LSA, DEC. 31.—Threes, 281 ; Fives,
15i ; Exchange on London, 48 30.

We have received the Faris papers of Thursday.
On Tuesday night the King and Queen of the BEL-
GIANS arrived in Paris, and immediately afterwards set
out for Dreux to attend the funeral of the Princess
ADELAIDE. The funeral, which took place on Wed-
nesday, was attenden by the KING QUEEN, and all the
Royal Family. After the funeral the Royal Family
returned to the Tuileries.
The debate on the Address in the Chamber of
Peers commences on Monday.

The Presse states that the Government has deter-
mined to ratify the convention with ABD-EL•KADER.
A letter from Toulon of the Ist January says—
" AUD-EL-KADER still remains in the Lazaretto.
lie himself has requested to be completely isolated,
so as not to be exposed as a spectacle to the gaze of
the public. Strict orders have in consequence been
given, forbidding any one to approach the Lazaretto.
The ex-EMIR never quits his apartments. No order
has as yet been received from Paris concerning him.
The bad weather prevents the transmission of tele-
graphic dispatches."
The Constitutionnel in commenting on the excuse
offered by M. GUIZOT for selling arms to the Son-
derbund, says :—" When M. GUIZOT was called on
to justify the secret sale of arms to the Sonder-
bund made by the Government, he contented
nimself with reminding the Deputies, that France
had often sold arms to friendly Governments, without
alluding to the merely secondary circumstances of the
publicity of such sales, and of the other conditions
by which the law requires they should be accom-
panied. It was objected to the Minister that the
Sonderbund was not a Government, but, on the con-
-rary, a faction in arms against a Government with
which we held friendly relations. That was nothing.
(vizor then contended that France had a right
-o sell arms to an insurrection against a Government
with which she maintained amicable relations, pro-
vided the insurrection was just, and its triumph in
conformity with the interests of France. The cause
of the Sonderbund being just in the eyes of M.
GUIZOT, and its triumph in conformity with the in-
terests of the Ministry, the Cabinet was justified
in selling arms to the Sonderbund to be used
against the Federal Government, maintaining at
•.he same time amicable relations with that Govern-
ment. The theory is ingenious, and the application
of it convenient, but it has more especially the merit
~f novelty. We are not aware that any writers on
the law of nations have as yet propounded it, and M.
GUIZOT may incontestably claim the honour of the
discovery. We are curious, however, to learn how
the Minister for Foreign Affairs can reconcile it with
the usages of civilized nations and with our own code
of laws. When two powers are at war, neutrals
are strictly prohibited from selling arms or mu-
iitions of war to either. The simple fact of such
sale constitutes a cases belli. France, then, would
have no right to sell arms to a friendly power against
which the Swiss Diet might have declared war, but
it appears that she has a right to sell arms to a fee-
-1 lion in insurrection against the Diet in Switzerland
itself. France cannot aid in a foreign war, but she
may stir up a civil war without violating her neu-
trality. When the English landed arms and emi-
grants in La Vendee, it was the Republic which was
in the wrong."

The Journal des Dibats publishes a large portion
of the papers relating to Switzerland which M.
GUIZOT has laid before the Committee on the Address.

Several of the papers publish extracts from the let-
ters of the Duke of WELLINGTON on the national de-
fences. They seem delighted at the idea that 40,000
men could invade England with success, but they
make no allusion to the measures of defence proposed
by the Duke, and which, if adopted, will, we have
his assurance for it, be amply sufficient.
PARIS BOURSD, JAN. 6 —The market opened with
some degree of firmness at about the quotations of
yesterday, but reports soon afterwards becoming cur-
rent of disturbances having broken out at Madrid,
prices somewhat gave way, and Threes closed at
75f. 5c.; Fives at 117 f. 20c.: and New Loan, 76f.
loc. for end of the month. The market closed as
follows :—Three per Cents. for cash, 75f. 5c.; for
Account, 117 f. 20c.; New Loan, 76f. 10c. ; for Ac-
count, 76f. 10c.; Bank of France Shares, 2,220 f.;
Neapolitan, 102 f.; Spanish not quoted.

RAILWAYS.—The Share Market has been similarly
affected, and closed, on many lines, lower than yes-
terday. For cash, Paris and Orleans last called at
1,205 f. ; Paris and Rouen, 90if.; Rouen and Havre,
435 f. ; Strasburg and Bale, 161 f. 25c.; Nantes,
390 f. ; Northern, 542 f. 50c. ; Bordeaux, 482 f. 60c.;
l'aris and Strasburg, 410 f.; Paris and Lyons,
297 f. 50c.

BUSINESS DONE IN FOREIGN RAILWAYS AT THE
LONDON STOCK EXCHANGE, JAN. 6.

Boulogne and Amiens, 141/4—Louvain ala Sambre, t ex
int.—Namur and Liege, 4%—Northern of France, 12—.
Orleans and Bordeaux, 5/2—Paris and Lyons, 578—Rouen
and Havre, 17A—Sambre and Meuse, 7.

CABINET COUNCIL—A meeting of the Cabinet was
summoned yesterday for Wednesday next, at the Foreign-
ffice.

The Duke of Wellington and the Marquis and
Marchioness of Douro are expected to return to town
fir the season at the end of the ensuing week from
Strathfieldsaye.
THE LORD CHANCELLOR.—The Lord Chancellor
is not passing the present season at Torquay. as stated
in a paragraph copied from the Western Times into
several London journals. His Lordship, who has con-
tinued at his mansion in Park-lane, is, we are happy to
add, much better, and has so far improved within the
last three days as to be able to take carriage exercise.
DEATH OP THE MARCHIONESS DOWAGER OF
AILsA —We are sorry to announce the death of the
Marchioness Dowager of Ailsa. Her Ladyship died at
her house, St, Margaret's, Isleworth, on the sth inst.,
having been seized with influenza a few days previously.
DEATH OF THE HON. LINDSAY P. BuaaELL.—
This respected gentleman died on Saturday last, at his
seat, Stoke Park, near Ipswich, from an attack of the
prevailing epidemic. The honourable deceased, the
second son of the late Lord Gwydyr by Baroness
Willoughby de Eresby, was born in June, 1786.
DEATH OF LIEUTENANT-GENERAL ALEXANDER
BETHUNE.—We 'have to announce the death of Lieu-
tenant-General Bethune, who expired on Tuesday at
131ebo, his seat in Scotland. The gallant deceased was
in the 77th year of his age. His commission as ensign
bore date March 14, 1789; lieutenant, June 13, 1792;
captain, April 12, 1793; major, April 29, 1802; lieu-
tenant•colonel, October 25, 1809; colonel, August 12,
1819; major-general, July 22, 1830; lieutenant-general,
November 23, 1841.

DIOCESE OF HEREFORD.—CONSECRATION OF DR.
HAMPDEE.—His Grace the Archbishop of Canterbury,
owing to his advanced age and increasing infirmities,
will not consecrate the new Bishop of Hereford, Dr.
Hampden, but has issued his commission to three bishops
(whose names have not yet transpired) to officiate on
the occasion. The day fixed for the consecration is
Sunday, January 30. It will take place in the Chapel
Royal, Whitehall.
FIRE AT LIVERFOOL.—About three o'clock yes-
terday afternoon a fire broke out on the premises of
Messrs. Robertson, Gladstone, and Co., off Sweeting-
street. The engine of the police, and that of the West
of England As.urance Company, were quickly on the
ground ; but, notwithstanding every exertion, up to the
time of our writing the flames had not been got ender.
The contents of the warehouse are fruits, and other in-
flammable matter. The premises are insured. We
cannot as yet say how the fire originated.
ILLNESS OF THE EARL OF CARLISLE.—It 13 with
feelings of regret that we announce the sudden and se-
rious illness of the venerable Earl of Carlisle. He was
seized with fits on Wednesday, and, according to ac-
counts received in town last night, was in a dangerous
state. Lord Morpeth has been staying at Castle Howard
with his noble relatives for some time back. The lion.
Captain and Mrs. Howard left last night, on receipt of
the unfavourabla intelligence. The Noble Earl is in his
75th year.
A FACT FOE FORESTERS.—It is said that Mr.
Christopher Macrae, manager of the Applecross woods
and forests, planted 140,000 trees at a cost to his I
con-
stituent of only 541.

MONEY and COMMERCIAL NEWS.
CITY, QUARTER TO THREE.
The sales of Cotton at Liverpool yesterday were 4,000
bales, at firm rates, but without any advance in prices.
Railway Shares were rather better.
There are no arrivals to-day with later accounts,
except from the Continent. The state of political
affairs in Italy is deemed unsatisfactory, but not much
reliance is placed upon the assertion that disturbances
have occurred at Madrid. We are glad to observe that
the vexatious system of sursis, or authorised suspension
of payments for a definite period, where a house is in
difficulties, has been protested against by several Mem-
bers of the Belgian Chambers. In time of peace, and
with wholesome and effective laws, there can be no ne-
cessity for the continuance of this, to the creditors', very
injurious permission.
The stoppage of Messrs. Cotesworth, Powell, and
Co., has placed two or three Glasgow houses in difficul-
ties, as was fully expected, but it is not yet ascertained
whether they will receive sufficient assistance from the
banks. The West India house, which is said to have
been applying fur assistance, is believed to have obtained
it. We are not aware that the following extract of a
communication from Miramichi has appeared in more
than one of our morning contemporaries:—
" Mr. Joseph Cunard stopped payment on Saturday
last, and assigned all his estate and effects to trustees
for the benefit of his creditors, and his establishment is
closed. The trustees are, Robert Mc Calmont, his
agent in England; lion. S. Cunard, of Halifax; Thomas
C. Allan, of the Commercial Bank ; and George
Kerr, his attorney. The amount of his liabilities
are fearfully great, but the total is not yet ascer
tained. His property is immense, and at a fair value
would realize 20s. in the pound—but to be wound up by
assizes for prompt payment, in these hard times, may
not realize ss. in the pound. The result of this failure
will be fearful. It will be equal in its consequences to
Miramichi, to the great fire of 1825. 111( * He is
really to be pitied. With so much property on hand,
and having sent sufficient new ships and property home
to meet his bills, now lying unsold in Liverpool, it is
really too bad.
Mr. J. Cunard is not connected with the Cunard
steamers.
The Corn Market is quiet this morning.
The Public Securities are firm again to-day, although
there is not much doing. Consols have been 86i, down
subsequently to 86, and are now about 86} Exche-
quer-bills are firm at 17s. to 20s. premium, money con-
tinuing very easy. Bank Stock has been as high as
188 and 1891. East India Stock, ex. dividend, has
touched 229 and 232. India Bonds are 7s. to 12a. pre-
mium. The New Three-and-a-Quarter per Cents. have
been 871 to
In the Foreign house the dealings are devoid of the
slightest interest. Spanish Five per Cents. have been
19i, and the Passive 4} ; Dutch Two-and-a-Half per
Cents. have realised 54 to it.
Railway Shares generally support to the full extent
the improvement of yesterday afternoon, and with a fair
business doing.
BRITISH FUNDS THIS DAY AT ONE O'CLOCK.
(From the Official List.)
Bank Stock 18914 188
3 per Cent. Reduced Annuities . 8614%
3 per Cent. Consols Anne B6l/s IA 86
New 314 per Cent. Anis. 8714%
Long Annuities, Exp. Jan. sth, 1860 B3/4 13-16
India Stock 229 232
Do. Bonds, 10001
Ditto under 1.0001
Bank Stock for Account 190
Consols for Account ... 541/13,1 86
Exchequer Bills. ad.
1,000/.
500/.
Small ... 19 18p
PRICE OF FOREIGN FUNDS AT ONE O'CLOCK.
Spanish Bonds, 6 per Cent, 1640 ...
Ditto for the Account . . 19%
Ditto Passive Bonds 41,4
Dividends on the above payable in London.
Dutch 21,./2 per Cent., 12 Guild 54 54 x d
Ditto far the Account 54%
Ditto 4 Der Cent. Certificates
BUSINESS DONE IN RAILWAY MIRES AT ONE O'CLOCK
PAID. tez
kberdeen
Amber., Notting., Boston, &c.

Ayrshire and Galloway - to -
Belfast and County Down .. 10 .. .. -
Birmingtam & Oxford June... 20 -
Birmingham, W 01.,& Dudley 10 ... . -
Binning., Wol., & Stour Val. 10/.14a.... - -
Birkenhead, Lancashire, and
Ckeshire Junction-, 7% - ...... to -
Boston, Stara., & Birming... 4 - ...... to -
Bristol and Exeter -
Do., Thirds - -
Buckinghamshire.. - ...... to -
Caledonian -
Ditto, Half Shares - ...,.. to -
Ditto. Clydesdale Junction 50 - to -
Chester and Holyhead... 37%...,. 17% to -
Ditto, Preference 8 -
Clarence. - ...... to -
Do., let Class, 6 per Cent lO - . ... to -
D0.,2d Class, 3 per Cent... 10 - to -
Do., Gov. Loan, 4 per Cent. 10 - to -
Dublin and Belfast Junction.. 20 - to -
Dundalk and Enniskillen ... 16 - to -
East Anglia, 25/. L. & E.,
arid L. & D., . 25 -
Ditto, 181., E. & II lB -
Ditto, 31. 10s., E. & H... 2 - to -
Eastern Counties -
Ditto, ditto (B) -
Do. Perpet., 5 per et. No. 1,61. 18s. 4d... - -
De., d 0....... N 0.2,61. 13s. 4d... % dis to -
Do., York Extension - ...... to -
Do., Northern & Eastern._ 50
Do., Quarter .... . ...... ...... 12%... -
‘s
Do., New
•
Eastern Union .... . 50
Ditto, Quarter Shares ...... 121,¢ - -
Ditto., Thirds ...135. 4d - to -
Ditto (guar. 6 per cent.)... - . - -
East Lancashire
Ditto, New - to -
Do., New Quarters -
East Lincolnshire ... 12%...... 12 -
Edinburgh and Glasgow - ...... to -
Ditto, Half Shares -
Ditto, Quarter Shares 12% -
Edinburgh and Northern. 22% - -
Ditto, New..... . ....... ........ 33/ - ...... to -
Ditto, New port 9% -....... to -
Ditto, ditto, New 21,4 - ...... to -
Exeter, Yeovil, & Dorchester 2%
Ditto, New - to -
Glasg., Dumfries, & Carlisle..Bl. 65.8 d... - to -
Glasgow, Kilmarnock, & Ayr 50 ...... - -
Ditto, New -
Do. !,4 Shares (5 per ct.gua.) 12% - .. to -
Great Nortkern lO% 414 ex hit. to -
Do. Loudon & York Exten. 2% - ...... to -
Gt. South. & West. (Ireland) 35 -
Great North of England 100 - -
Ditto, Ntw 401. 5 -
Ditto, New 301 ... 30
... .. - .. ... to -
Ditto, New 15/.... . .. 6%...... 22%. ... to -
Great Western -
Ditto, Half Shares -
Ditto, Quarter Shares 17% - -
Ditto, Fifths 2O - to -
Do. New 171 lO ...... -
Huddersfield and Manchester 24 .. ... -
Ditte, Thirds 8 - to -
Gull and Selby 5O lOO -
Ditto, Half Shares
Ditto, Quarter Shares 12% -
Ipswich & Bury St. Edmunds 17% -
Do. do. and Norwich - to -
Do., do., Extension Scrip
(late (Camb. and Ely) 2%...... - -
Lancaster and Carlisle.... ... 50 - -
Do., Thirds lO ...... - -
Lancashire and Yorkshire ~. 93 - ...... to -
Ditto, ditto -
Ditto Half Shares ...... , - 38 ...... 33 -
Ditto Quarters .. ........ 14% - to -
Ditto Fifths - -
Ditto Sixteenths ... ..... ... 614...... - -
Ditto Thirds (Reg. ) ... 10/. 4s - -
Do. Liverpool and Bury... 34
Do. (Rudders. and Sheff.) 33 - -
Do., Wakefield, Pontefract,
and Goole 47% -
Do., West Riding Union _4/. 25..... 2% dis to -
Do., Preston and Wyre ... 25
Do., do., Half Shares (A) 9 - to -
Ditto ditto (B) 114 -
Leeds and Bradford 5O .. ... 931/2.. ... to 94
Leicester and Bedford -
Leeds, Dewsbury, & Manches. 37% - ........... tot
-
o -
Do., Branch % Shares 12% - ...... to -
Ditto, New Branch (blue).. 2%
Ditto, Extension (green)... 2% -
Do., New Exten. (pink)... 21% - ...... to -
Leeds and Thirsk ........ 36
Ditto, New -
Do., do., Prefer., 6 per Cent. 3%„ ~.. - ...... to -
Liverpool. Crosby, and South-
port. - to --
Liverpool, Manchester, and
Newcastle Junction 2% - ...... to -
Lonnon & Blackwall...l6/. 13s. 4d - -
Ditto New, No. L. -
Ditto New, No. 2 4/. 13s. 4d.... - . .... to -
Do. Extension ......... 17% - ...... to -
Lond., Bright., & South Coast 50 -
Do. Consolidated Eighths... 30 -
Do. Guaranteed 5 per Cent. 9 ...... - -
_Do. Pref. Cony. 5 per Cent. 50 ...... - -
vitto, ditto 18.52 50 ..... - -
London and Greenwich... 12/.155. 4d... - -
Ditto Preference lBl 17s 2d... - .._ to -
London and North Western..loo lsl
Do. Quarter ......L. and B. 22 -
Do. do. New ...... .... ...... 2
Do. do. Fifths -
Do. Quarters - .. ... to -
Do. 40/. Shares L. &M. 15 ...... - -
Do. 40/. Skares...M. and B. 40 .._ -
De. 10/.... M. and B. (A.) 7%..... - -
Do. 10/. .. M. and B. (B.) 7% 111,2 to -
Do. 10/.... M. and B. (C.) 1 -
London and S. Western.... 41.. 6s 8d... 53-% to 54
Do. New ConsolidatedBths. 40 . - to -
Ditto New 50/.......- ....... 321,4...... 29 -
Ditto New 401. .... ..... .. .. 26 - ..... .to -
Do. Tenths (Consolidated) 50 - -
Do. Tenths (Consolidated) 40 -
Ditto, Thirds 8/. 6s. 8d ... -- ...... to -
London, Salisbury, & Yeovil I% - ...... to -
Londonderry and Coleraine... 27% - to -

Londonderry and Enniskillen 23:j4 — ..... to
Manch. Buxton, & Matlock 3
Manchr, Sheffield, and Linc.loo - to
Ditto 14 Shares (No. 1) ... 13
Ditto, ditto (No. 2) 25
Ditto, IA3 Shares (No. 3)... 7% — - to
Ditto Grimsby 25 — to
Ditto, ditto,

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