The Sun.
London, England, 1867-06-14 00:00:00

STATE OF TRADE.

BRADFORD, June 13.—. There is a steady demand
for wool for immediate consumption. There is,
however, an entire absence of speculation, there
being no confidence that present rates can be main-
tained. Many sorts of wool are more plentiful,
though those of the bright-haired class are still very
limited. The brilliant weather and the better supply
of wool in the market tend to give a slight advan-
tage to the buyer. The holydays have had the re-
sult of curtailing business in other departments.
Foreign merchants have received no advices from
abroad, and are doing nothing in worsted yarns.
Transactions have been on a most limited scale.
There is rather more doing in genappe and some
numbers of lustre yarns. Prices are'rather firmer.
The piece trade is slightly improved. The beauti-
ful weather awakens the lethargy of country dealers,
and this gives a very slight stimulus to the move-
ments of home merchants. Shipping merchants
have also placed a few orders. Prices are without
change.

RAILWAY IN rELLIGEN CE.

SOUTII-EASTERN.

An adjourned meeting of the proprietors of the
South-Eastern Railway was held yesterday, at the
Terminus, London-bridge ; Mr. Watkins, M.P.,

presiding.
The usual preliminaries having been gone through,
The CRAIRMAN explained that the meeting was
held for the purpose of considering the matters left
over from the meeting held on the 16th of May, viz.,
the of dividing the stock of the company
intn proprietytw two classes,
namely,
a preferred and a deferred
stock, the preferred bearing a certain rate of inte-
rest of 5 or 6 per cent. per annum, and the de-
ferred whatever profits remained. The capital stock
of the company was now about £7,000,000, and
they bad power to increase it to £8,000,000, and the
question for consideration was this : " Is it desir-
able to divide that £8,000,000 into two classes,
namely, a preferred and a deferred stock ?" The
object of the board that day was to have some con-
versation with the shareholders so as to elicit their
opinions rather than to put any resolution. For
himself, however, he must say,he should have pre-
ferred settling the question that day, but seeing the
paucity of attendance, he proposed that the whole
matter should be left over to the half-yearly meet-
ing, when they always had a large attendance of
shareholders. lie believed the measure to be a
sound one, as by it they would prevent those fluc-
tuations in the price of the stock and those specula-
tive and fictitious sales of which they had all had
very great reason to complain. lie concluded by
moving a resolution to the effect that the settlement
of the question of dividing the stock into two
classes should be deferred to the half-yearly
meeting.
The lion. Mr. 13vicG briefly seconded the motion.
Some conversation ensued, in which Mr. Adams,
Mr. Thomas, and others took part.
The CHAIRMAN, in reply to questions, said that
was most anxious for the change,
the converting of the stock would be purely op.
tional on the part of the proprietors, and would be
a matter of convenience to very many. One very
preferred stock to
his daughter, and £O,OOO deferred to his son.
—that certain heads
large shareholder spbranrpenhsoelddergiving£so,ooo
The motion was then put and carried.
greement between
The CHAIRMAN said that the position of the ques-
tion Some progress had
Since then Eeveral meetings
twheere
twa:i. with
orhe theed t
0B
companies.a
.r
si gthhteo
hn a
.s waso
ft hai sn a
thedhaettbaeillts.would
be
laid
had been held by the gentlemen representing both
completed in a been made. The next meeting was to be held that
afternoon, and he had very strong hopes that the
companies to fill in
before
the shareholders at the next meeting. They had been
met in a very cordial and friendly spirit by the gen-
tlemen representing the B. righton interests, and on
agreement work-
manlike
in awnonuel
rd,
a nshortly
d t
both sides there was a desire for a fairand
equitable
adjustment. The agreement was not an amalgama-
tion of the two companies ; both would remain
separate and distinct, and both have charge of their
own capital, as at present. It was for a division of
traffic and working expenses and profit, by which
all ruinous competition would be done away with,
the requirements of the public fully met' and the
running of needless trains put an end to.
A vote of thanks to the chairman closed the pro-
ceedings.

ROYAL AGRICULTURAL SOCIETY OF ENGLAND.--
The arrangements for the forthcoming show of this society
at Bury St. Edmund'e nex.t-:_month are so far corn-
pleted that, notwithstanding the wise decision of the
Privy Council not to allow cattle to be exhibited, the
long lines of canvas shoddily, to which the visi-
tors to these shows have been accustomed will
not be curtailed, nor will the large area enclosed be at
all diminished. The interval since the last show at
Plymouth, in 1865,
appears to have been well employed by
the exhibitors of implements in increased endeavours to
wring from the stubborn soil and the parched ear every rout
and grain that nourish man or beast, and in perfecting the
means employed to bring these to market in the cheapest
and best manner. The display on this occasion will be so
extensive that half the yard originally destined for cattle
has been addedto the ordinary dimensions of theimplement
yard. The show of horses will be very large, and the attrac-
tions of this department will be enhanced by the jumping
of those in the hunter classes each day of the show. The
him, while the poultry will be in excess of
amateur of sheep or pigs will find the usual extensive
choice open to m,
any former year. To all these inducements to visitors
must be added the Revel Horticultural Society's exhibi-
tion, and the various objects of local interest to be found
in the town itself,
which will put on her gayest colours to
welcome the societies.
TIIE TAILORS' STRIKE. —The committee of the
London masters have been sitting almost daily for the last
week preparing a new time log, which the masters generally
throughout the country, at a meeting held last night at tho
Langham Hotel,
have pledged themselves to accept. A
printed copy of this new log has come into the possession
' of the central committee of the operatives, and has been at
once declared by them to be such as no operative, either
in town or country, could accept. They, however, ex-
press their willingness to take this new log of the mas-
ters and their own amalgamated time-log as the basis of
a negotiation for the settlement of the dispute, if the
masters will meet them in good faith. and agree to refer
all disputed points to arbitration. A meeting of delegates
from the masters in connexion with the association through-
out the leingdom was held yesterday afternoon at Birming-
ham. The London masters were represented by Mr. Ben-
nett, of Conduit-street; Mr. Thompson, of Conduit-street,
and Mr. Landon, the honorary secretary. The agent of the
men in that town telegraphed last night to the central
committee in London that the meeting was held with
clood dvas, reporters for the preee being szidly ozcludoci.