The Sun.
London, England, 1858-02-15 00:00:00

P:c.1011 4D. STAMPED 5 ;

Diteslerr and Swift required a further advance, being
unable to pay their workmen, and the bank consented
if the parties gave them a warrant of attorney to advance
them 10,0001.• The bank a4vanced them 10,050/.
to enable Dunelerr arid Swift to pay a corn-
positi .n of 3s. 6d. in the pound. The while
whoent advanced by the bank in respect of
1,11,-:•;e works was 05,0001., abereas the whelp
vaiue WAk 23:0001. Tee werks were throem on their
anode. Unenocessful at,einpti were made to get up a
enpeny to teke the tninee, bu. at last a Mr. Clarke
proposed in 1852 to with tee mines, and to pay the
bank a royelte, and to apply that in liquidation of the
debt. Mr. Clarke resigned the directorshp, and endea-
voured fur some time to wick the mines ; but he was at
length forced to give it, up. Thu whole of these works
were evenually abandoned ao worthless, and the final
result was that it appeared from the balance-sheet of
the 31 Sept„ 1856, that the bank had suffered a lose of
120,0001. Tine evidence was given to show the reckless
manner ia which the directors dealt with the funds ~f
the bank, and the insertion of the vocuri,ies in the balance sheet as available, when in reality they were worthlees as tending to prove mierepreseutation and
fraud on the part of those directors who were privy to
the adveeces as they were made, and when the half-
yearly reports were agreed to and distributed to the
public. In the course of the negotiations for the ad-
vances, Mr. Millions informed the directors that
200,0001. had been laid out on the works, and that it
would take 30,0001. to work them. The plant, if sold ,
on the premises, would fetch 15,0001. He had con-
structed the engine, &c., for the Galvanised Iron
Work,. He reserved to himself the right of revising
his off-hand estimate. The bank afterwards
sent Mr. Williams to inspect the works, and he
made a report to the bank which could not be found,
though Mr. Peddison said he believed Mr. Williams
bad a copy in his possession.
Sir F. Ktlly called for the production of the rekorl,
or a ticpy-eef_ it.
- •
•

Sir lii:Thesiger would admit a copy. The defendants
had subFened Mr. SST;Mani., and were no doubt aware
of the contents of the report.
Mr. Williams was called by the Crown, and pro-
duced a copy of the report, but
Sir F. Kelly objected to its production without Mr.
•
Williams was put into the box.
Sir F. Thesiger declined to do so.
Sir F. Kelly said that without the report the evidence
for the cr.)-xn was incomplete in a most important
part.

Sir F. Thesiger said he would take the responsibility
of not balling Mr. Williams.
Lord Campbeil said he would admit secondary evi-
dence of its contents.
Mr. Paddivon (the writer) said it was a voluminous
document, and he had no general reco!lection of its
contents.
This witness's evidence baying reference to the (xecu-
tiun of deeds, &c., and the correspondence between
the plrtie,, as well as explaining entries in the minute
book relative to the transactions betwe-ii the bank,
Scale, Duallerr and Swift, will in all pribability occupy
the whole of the day. Much time was occupied in
reading the various documents.

[To be continued in our last edition.]

MA azisr NEWS. —(ritui Day.

CORN EXCHANGE.
The leading country luiarkets on Saturday were but
moderately supplied with wheat, and nearly all kinds were
in improved request, at a slight advance in the quotations.
Fine barley an I flour changed hands steadily, at very full
prices ; but all other produce met a dull inquiry.
Throughout France the trade for both wheat and flour
conticues devoid of animation. In the north of Europ,,,
as well as in the United States, the trade generally rules
heavy.

Only moderate supplies of home-grown wheat were re
ceived up to our market last week. The imports from
abroad amounted to 4,283 quarters of wheat, 7,216 barley,
4,7.31 oats, 120 beans, 131 peas, 10 tares, 35 mnstardseed,
17.) sundry seeds, and 1,333 sacks of fl ,ur.
Fresh up, to-d.i.y, from Essex and Kent, the arrivals of
wheat, coastwise an,l by land carriage, were very moderate,
but tho general condition of the supply was tolerably good.
From other districts the receipts were. limited, cons3queutly 1
the show of samples was not iu excess of last week. The
attendance of both town and country millers was rather on
the increase, and the demand ruled steady, at fully last
Monday's currency, to an advance of Is per quarter.
There was a full average supply of foreign wheat on
offer, and the demand for it somewhat improved. How-
ever, as factors almost generally refused to sell except on
higher terms, the business doing was only moderate, at
fully late rates.
Floating eatgoes of grain supported last week's quota-
tions.

We were very moderately supplied with fine and useful
qualities of barley which changed hands steadily, at an
advance in the quotations of is per quarter.
Malt—the show of wheat was only moderate—met a dull
inquiry, at last week's prices.
The demand for oats was far from active. In prices
very little change took place.
For beans there was a good demand at an ad►ance in the
quotations of ls. per quarter.
In peas, about an average business was doing at late i
rates.

Flour was in improved request, and country marks were
s. per 280 lbs. dearer than on Monday last.