The Sun.
London, England, 1856-05-21 00:00:00

A new company, called the "Fibre and Paper I
Manufacturing Company, (limited)" is in course of
Formation, and the promoters are confident of the
ultimate success of the project, if the capital re-
ed, viz., 100,0001, is subscribed.
At the adjourned tiourt of the proprietors of
East India Stock held this day, Lieutenant-Colonel
Sykes in the chair, the resolution for the grant of '
5,0001. a year to the Earl of Dalhousie, late Go-
vernor General of India, agreed to at the last I
meeting, was again submitted for Confirmation. ;1
rho feeling of opposition was but faintly displayed
,n this occasion, so that, after a few observations
ooa Mr. Twining, the Chairman, Mr. Lewin, and
Mr. Jones, the original motion was carried with
onl four dissentients, and the Court adjourned. 2
The Money Market is now rather easier than for
some time past, but no quotable decline has. taken
;,lace in t!.,A) rates charged for the negotiation of
commercial paper. The demand, however, is less I
Active, and the supply has been augmented by the
surplus deposits sent into Messrs. Rothschild with
Appications for allotments iu the New Loan having
been returned.

The recent improvement in Consols has tempted
3. few sellers, whose operations have checked the
upward t-ndency in prices. Yesterday a reaction
of it to per cent. occurred
_owing to a pressure of
stock upon the market, but although some sales have
'gain been effected this morning no further decline
of importance has taken place iu the quotations.
Consols for money are 941; 4-, and for account they
pened at 94 4, and have since been 94 The
New Scrip is 12 premium. Vie New 3 per Cents..
Are 93 2, and the Reduced 924 to 931. Bank
Mock is firm at 214 to 215. The March Exchequer S
Bills are 2s. discount to ls. liremium, and the June S
litto have risen to 43. and ls. discount.
The Foreign Stock Market is very quiet, and the
Turkish Securities during the morning were en-
Arelv neglected. Spanish 3 per Cents. have risen
Wont per cent., viz., to 46± and the New De-
ferred are 252-. Russian 41 per Cents, are 95, and
Sardinian Bonds 941. Equador are sg. Peruvian
11 per Cents. remain at 771, and Mexican rule
steady at 233
The following are the nominal prices of Foreign
Stocks :—Grenada Deferred Bones, 71. ;
; Peruvian, 77 9 ; Ditto 3 per Cents.,
i 4 6 ; Portuguese 4 per Omits., 50 52 ; Russian 5
per Cents., 104 6 ; Ditto per Cents., 94 96 ;
Spanish 3 per Cents., 45 461 ; Ditto Deferred,
251 ft ; Ditto Certificates, 6; Ditto Passive, 711.
1u Thtilway Shares there is a general decline of
about 55., but in some cases it is rather more. This
downward tendency has been produced by the re-
Actionary movement in the Funds. The foreign,
as well as the East Indian and Canadian lines, are
also flatter.
Mines, banks, and miscellaneous shares are quiet.

BRITISH FUNDS THIS DAY AT ONK O'CLOCK.
( Prom the Oticial List.

lin 91 n-. done.
laank Stock
S per Cent. Redxcod Aunnitine...
3 per Cent. Consols Annwitie
New 3 per Cent. Annuities
Long Annuities, expire sth .Jan. 1860... 3 3.10
Ditto 3,1 Yeats, expire sth April, 1885... 17 3-10
Duna Bonds, .ClOOO ...... .. . —
Ditto, under £lOO3 3 a
Cqlasols for Account
Consol Scrip l4 il p
aielleguer Bills. 2jd. March. June
1:1090
2500 — 51 d
Small — par
Ditto Bonds, 1858, 3i per Cent. 93l' ;j
Ditto, 1859
PRICE OF FOREIGN FUNDS AT 0N 6 O'CLOLF.
0 voter Bonds
Merican 3 per Cent —
Ditto Account
Peruvian Bowls 4 per Cent
Dittu Account 771
ttus.aL..n Bonds, 1822, E, St., 5 per Cent —
Ditho 4j, per Cent.
Sirclianan Bou•ts, 5 per Cent. ..... 911
..,,, !of,' P. 01.145, 3 per Uout —
Ditto Account
.) itto i ew i hiferred, 3 per Cent.
Ditto Account
•,,1111.1
Dutch Excl,ange, 2. per Cent., 12 Guilders
Ditto Account
TWO O'CLOCK..
944 $
. 94$ I
li 1 p

Cc n soli for Money
DiVto Ae:ouut
DM, Scrip

THE LAW AND EQUITY COURTS. —To.niorrom (Thug- I 26
clay), th e law and equity court-. will be opened on the
common cement of tom' in. There is a g.iod deal of busi ►
-
- `There are 132 rules nisi in the common law r

nFsi,

Courts.
SLIGO ELECTION COMMITTEE.—This committee me
for the first time yereeritay, Mr. Butt in the chair. Mr. 20,
E James, Q.O , Mr. M J. O'Connell, and Mr. C; Lewis If
:tope:tied fir the petitioner, Mr. J. P. Somers ; Mr. 0,
Slade, Q.C., and Mr. Huddleston for Mr. Wynne, the 6(
sitting :Heil:her. Mr. O'Connell, in the absence of Mr. Ise.
E. JLtines, opened the ease, and, after hearing two or
three -.vitr, eNse., the committee adjourned till this day.
THE LVCEU3I THEATRE.—This theatre has been let for
three yea rs to Mr. Conquest, the proprietor of the Gre-
eian Salo on, who takes posse•sion immediately after the
sloes of the Italian Opera -eason.
ENGLP.ND AND THE ENGLISH (LADY) IN ISS6.—A
surprising change has come over the., domestic habitudes
of our fair countrywomen. The ladies of the United
Kingdom, up to a recent period, dedicated themselves,
with a pilgrim-like earnestness, to knitting, netting,
spinning, and the various mysteries of the needle. It
was deemed the most striking mark of attention to work
a set of shirts for a brother or other near relative. The
outfitter has now rendered all such employment on the
part of the female branches of a family completely super-
fluouti, and a lady finds it for the most part unnecessary
to "ply the busy needle" in order to proviee herself with
various requisitions. Home work is manifestly on the to
decline; and this is a matter of congratulation, fer an 2(
improvement in the health of families is a certain conse- 40
quence. Let us hope tbat a complete revolution is on. eti
claming in these matters, and that health and solid edu- 10
cation will take the place of sedentary waste of tine and !,0
intellect. And if this applies to families resident here,
how much more important is it in connection with those (4.,
who are proceeding to India or the Continent. Messrs.
Jay appear to have foreseen the requirements of the 2;
doming age, and have, eitli much judgment, fitted up 20
one of the finest wareroorns in London, at their Sporn to
salis, 246, Regentratreet, for the furnishing of ladies' 2ei
ready-made linen—and the undertaking has already been
most succesefule—Morning Berald. 8
SOUND AND UNSOUND MANAGEMENT. —The public te
attention having recently been called to certain disclo- 20
cures made with respect to the condition of some of the 2(6)
.newly-established assurance companies, there is cops:- 20
(ierahle dancer that the conclusion will be arrived at that
what is really an exceptional case applies generally to
such institutions as are of recent origin, and thus mate
rial injustice may be done to the interests of those so-
cieties whose operations are prudently and honestly con- 25
ducted. Apart from any fraudulent dealing, it is our I 101
conviction that the unstable positien of the companies I !O
we allude to has mainly arisen from that eaiserness to )(2
attract busine.s which is exhibited by the fallacious sys 25
-
teru of too frequent distributions of profits—a fatal bar I aft
-
rier, in our opinion, to the attainment of perfect security Ey
or lasting prosperity. It is not our wish to draw invi-
dious distinctions, but we propose as a matter of justice 1
to call attention, as opportunity is afforied us, to the
healthy progress of such of the modern offices as in our
opinion deserve the support of the pubic. We have,
for instance, recently seen souse particulars respecting
the " Sovereign" Life Office, which shows, in an unusual
degree, t, e result of a sound system of management.
That society has, during the last ten years. received
90,000/. for effecting assurances upon upwarde of 2.000
lives, only 51 of whom have laden in, requiring the com-
paratively small surn of 14,558/ to discharge the obliga-
tions thereby created. These figures show that the
greatest care has been taken in the selection of the lives,
and evidence the fact, that as only one-sixth of the I re-
injures paid have been required to meet claims, the
funds of the office must be considerably augmented.
From other statements we have reason to believe that
the position of this office is of the sour dew. character,
and may be safely resorted to by those who wish to take
the precaution no prudent man now neglecte.—Glebe,
May 9.

100
;100
11(x1