The Sun.
London, England, 1869-06-04 00:00:00

THE SUN, LONDON, FRIDAY EVENING, JUN E 4, 1869.

SHARE LIST.

ORDINARY .11.A.itiLS AND STOCKS.

JOINT-STOCK BANKS.

ClOsing Business
Share NAME. Paid. Price. done
10 Agra Limited, A all 10 101 lei I
10 Do B lO 2/ 3
50 Albion • l6 8 6
00 Alliance, Limited
20 Anglo-Austrian
20 Anglo-Egyptian, lim
20 Anglo-Hungarian
8 11
21
20 Anglo-Italian 1866, limited 10 51 41
40 Australasian
20 Bank of British Columbia all 10 12
20 Do issued at 2 pm....., 5 5 4
25 Bank of Egypt
20 Bank of Otago, lira.
25 Bank of South Australia all 29 31
50 Bank of Victoria, Australia 25 37 30
10 Bank of New Zealand all 151 161 161 1
50 British North American
20 Chartered of India, Austra-
lia, snd China all 18 19
25 Chartered Mere. of India.
London, and China all 31 32 331
20 City l4 111 121
100 Colonial 25 37
10 Consolidated, lien.
50 Delhi and London, lint
50 East Loudon, lint 5 21 11
20 English and American, lira 10 ..•
'2O English Bank of Rio de Ja-
neiro, li-q
20 English, - coltish, and Aus •
tralian Chartered
_l7
;:81 Hung Kong and Shanghai
Bank Corporation all 36 38
281 Do new 54 24 24
100 Imperial, lim 2O 151 161
20 Imperial Ottoman lO 2/ ,I )24 i
<5 lonian all 17 20
25 Do new 5 7 4
20 Lnd Mortgage of India lim 4 3.1 1
100 Do sp. c. Debs.lB64, 30 all 76 76 10
30 London Bank' of 51exico
and South America, lim. 20 7 6 131
100 London and Brazilian, lint. 45 30 27
20 Do new 71 53 41
100 London &River Plate, lim, 40 9 11
25 Do new 10 21 23p 25
20 London Chart. of Australia all 244 2.5
20 London and County 2O 50 81 50 /
50 Do new. iss at 20 pan, 16 pd. 11 •• •••
Loudon Joint Stock. ....
London and South African al 81 91 91
00 London &S.-Western, lim, 20 13 11 7/
150 Loudon & Venezuela, lint l2l ... ••• 63 i
100 London and Westminster 2O 624 634
100 Do Scrip, iss at 10 pm 2O
100 Merchant, lim 25 51 44
10 Metropolitan, lim all 71 7i
100 Midland, lim..
6 National of Australia
25 National of Liverpool, lim l5 ld yip
100 National PrOVitle. of Eng'd 42 ... ...
10
10 National.. 3O ••• •••
20 New South Wales all 41 43 42 1
20 North-Western
25 Oriental Bank Corporation all 4 t 42 411 1
50 I'rovinc.Bank.Corpo., lim lO 6 6 34
00 Provincial of Irolaud 2.5 EiS 90
10 Do new. all ... ...
100 Stand, of Brit. S. Africa, lim 25 14 14
100 Do issued at 6pm lO 8 6
25 Union of Australia all 47 43
100 Union of Ireland, lim
50 Union of London

ZONDON CO-OP.E.RATIVE COIC.GRESS.

The Co-operative Congress Continued its sittings on Thurs-
day. In the absence of the chairman, Mr. T. Hughes, M.P.,
the Hon. Auberon Herbert presides, and in introducing
Mr. Briggs to read a paper on "Partnerships of Industry,"
remarked that he was sure the meeting would regard with
warm sympathy any scheme which would enable the
labourer not only to bear the toil, but to share the profits
of his productions. There was no man who had a
stronger claim to gratitude than the man who made
peace and good feeling grow in the hearts of men where
once strife and ill-will existed—than the man who saw
that it was possible to sweeten and lighten the toil of all
those multitudes in the midst of whom we lived by placing
in their breasts new hope and an honourable ambition.
Mr. ARCHIBALD BRIGGS, managing director of the firm
of Henry Briggs, Son, and Co., (Limited), of the
Whitwood Collieries, Normanton, than read an outline of a
scheme of the Industrial PartnershipPriociple to any class
of undertakings wherein capital and labour are associated,
whatever may be the relative proportion between the
amount of the former and of the annual remuneration paid
for the latter. This outline had been prepared for sub-
mission to the royal commissioners appointed to inquire
into the rules of trades unions ; and in addressing the
commissioners the Messr?. Briggs explained that the
fundamental principle of the system adopted by them
provided that the capitalist should receive a profit not less
than the fair average rate of return generally obtainable
from similar undertakings, before his workmen shall have
any claim to receive anything beyond an average rate of
wages. It was only in the event of the workmen being
able, by care and economy in their work, to increase the
profit of the undertakings beyond that average, that they
proposed to allow them to participate, and then only in a
proportion of the excess, the remainder going to the capi-
talist.
After some remarks from Mr. GREENING,

Mr. LUDLOW said if did not know that the practice of
the Messrs. Briggs was better than their theory, he should
think badly of them. Tneir plan was founded on the
interest of the capitalist, the object being to extract from
the worker the largest possible amount of labour for the
smallest possible bribe in the way of bonus. But the
profit did not belong solely to the employs; the
man who helped to create it had a right to a
share. However, the Messrs. Briggs encouraged their
men to take shares in the undertaking, and were worthy
of much praise for the manner in which they had put an
end to the warfare between employers and workers on
their colliery. (Applause.)
After further discussion, the CHAIRMAN stated that only
recently Mr. Briggs had been threatened by some of the
employers in his neighbourhood with an attempt to break
down the principle at work at his colliery.
The next subject of debate was on the best means of
making co-operative societies mutually helpful, by form-
ing an organisation of all co-operators at home and abroad,
also as to the best means of promoting a knowledge of co-
operation among the people. Papers were contributed
by the Rev. H. Sony, Mr. Pare (the hon. secretary), and
Mr. Borrowman, of Glasgow.
An adjournment here took place, and on the reassem-
bling of the Congress, Mr. Morrison, M.P., took the
chair.

A. discussion on the subject opened by the papers
ensued. Mr. Ludlow stated his intention to move resolu-
tions expressing the opinion that it was expedient that
co-operative societies should form themselves into county
or district unions, on the plan of mechanics' institutes ;
that such unions should form themselves into a federation,
which should meet yearly by delegates and select a central
board, which should be representative of British coopera-
tion and take such steps as were advisable to communicate
with the friends of co-operation abroad. A protracted
discussion ensued, interspersed with other papers on the
same subject, amongst them one by Mr. Holyoake ; and
the resolutions having been disposed of, the remainder of
the sitting was occupied by the discussion of the necessity
of seeking an amendment of the law where it is found to
hamper co-operative exertions. A public meeting was
held in the evening.