The Sun.
London, England, 1858-08-14 00:00:00

THE SU N, LONDON, S ATURDAI EVENING, AUGU ST 58.

-
STOCK LISTS.-This Day.
THIRD EDITION • _,. ___
to ENGLISH FUNDS.
I- SUN OFFICE, Sec en o' Clock.
Bank Stock, 220.
!n Bank
per Cent. Reduced Annuities, 961 7.
in SPAIN. rtireo per Cent. Consols Annuities. 96i I,
It New Three per Cent. Annuities, 961 7,
. AI.
India Stock, 219.
at The Madrid journals of the 9th have reached India Loan Debentures, Ht.
In us. The Queen and Royal family have at- Consols for Account, 061.
Exchequer Bills, 1,0001., 2., March, 0-June, 10*
u 1 tended the theatre at Gijon, where the had 0
Exchequer Bonds, 1859, St per Cent., lON.
y
as been received with enthusiasm. The cases of
ST yellow fever reported from Ferrol are stated to FOREIGN FUNDS.
Four-and-a-Half per Cent. Brazilian, 1558, 9cl,
iC have broken out not in the town, but on board
Ditto Scrip, par t pm.
c- the steamer Isabella II ; 13 persons were at- 41 per Cent. Peruvian, Acct., Aug. 13, 891•
le tacked, and three had died. The vessel had been Pre per Cent. Russian, 1822, 113.
Four-and-a-Half per Cent. Russian, 1001 1 4.
to sent to the lazaretto of Vigo. As her _Majesty was Six per Cent. Turkish, Acct., Aug. 31, 961'!.
proceeding from Oviedo to Gijon, one of the Five per Cent. Venezuela, Acct., Aug. 31, 411.
;e royal chaplains was by the Queen's side, con- Two percent.
r cent dtirt loi.r hDeferred,,iti re
(11 .25 ic.. 1 .
6,
1- gently occupied in distributing money to the Four per Cont. Dutch Certificates, 1014.
beggars by the road side. An official return
at ! shows that the amount of the floating debt on
at the 31st ult. was 497,882,436 reels. The semi-offs- LONDON SHARR MARKET.-This Day.
,
)e cial Correspondancia Antografa says :—" We notice
in the foreign news of the day, received by telegraph, ----.......—__,..
is the assertion that Spain is about to cede the island ORDINARY SURES AND STOOKS.
:d of Cube to the United States. Is it possible that
any one can waste his time in inventing such ab- Yesterday's ii ~.4....
Share. Rarrw vs. I Paid. Closing Price ; '7."..-fr"
surdities?" i 1 Do
Pt t e,.e........e....eee.--e.e. -.a,— --,.............ame.
s- I
0 MONEY MARKET AND CITY NEWS. 11 15 A.mber-. Nutting,. 80at.,1
and ;;rtern Jnoctic 4... 10 61 ri
Dr
CITY, Two o'Ceoes. IS 14 Bin, WoL, & Stour Talley, all 7/ 84
10 The return from the Bank of England for the Stock Birk., Lan., Ss Ches. Junc 1
Lion
ig week ending the 11th inst. is of a rather satisfactory 25 Blackburn ell 11 12
,?1* character, although the changes in the various de- is Myth .s. Tyne original 351 f all 2-1 281
partments are not of any great importance. In the
1' Stock Bristol and Exeter I 110 94 SO
absence of accounts from Australia, the bullion
iy shows a slight falling off. The reserve of notes Sutooectit
,Claledorklatt‘
I Chests:soy' Holyhead.... 110000 38624 3834 821 1 1
to has been slightly augmented, and the other 50 iCork and Bandon, ... ... all ...
,d securities, owing to the limited demand for so I Cora, alackrock,teraesage all - -
money, are reduced. The Public Deposits have been so 'Cornwall all ' 4 5
11, nn Ar. rem ce 41 diT . . ... ..
augmented by about half a million, through the col- 1° B"- until I. p.c.perann :,1 .... 11910 o. B
Section of the revenue, and this in a great measure , 112,e5 peen paid ton '"' .."
r, 50 :Dublin and Belfast J call -•-•
expleins the diminution to about a like amount in 15 i Dun.,Perin, a Aber. Jun.u'''
all 71 81
es the private deposits. In tile other items of the
balance-sheet there is no alterations of importance . Rock East Anglian
Stock lastorn Countl lOO 61 82 611 1 1
they will be seen in the subjoined statement : Stook Reatern Union Stock l4O 46 48
Active Circulation L20590425 Stock Do. Do. B. Stock
,
25 Do. New A. (Into E.T.Y. Sh.) 84 - -
Decrerq3
1' Bullion 17,f..38,250 Stock 111151 Lancashire l9O 94 96 2 1
d• Decrease 102,171 20 East Suffolk all - -
Rest 3,414,011 10 Do -.-
IneresEe
3), Public Deposits
P 5 Increase
Ste Other Deposits
Decrease
iC 1
Seven-day end Other Bills 771,171 10 Great North of.Licotland,.. all 10 101
0 Decrease
be Government Securities 10,871,054 ce Do. Do. A. Stock lOO 80 82
rt, Do. Do. B. Stock lOO tat 113
rl; Increase
,
lie 1 Other Securities 15,316,060 Stook Great Western. lOO 50 591 501 11 1
CC I Decrease
Notes Unemployed - -".
)0 1 50 Lancaster and Carlisle all 87 99
Increase .... 19') 410 Do, Thirds
3g 1 .',
About 35,0001. in gold was taken into the Bank 16118214 Do. New Thirds 144 12 13 pa
16 11 13 go' pa
he ; yesterday. The Australian remittance, viii Suez, Stock Lancashire and Yorkshlr 100 92/ 91
16 Do. do. F. 416 614 Of die :4
/11 ' amounting to 73,0001., has arrived, and Is ill probably g do. £9 shares 7 i dii
bB appropriated in a similar manner, the Continental s Do. West Riding Unla.A t .- - N
.
demand being very quiet. Although the return abovee
ag 1 ril: 3 litTnedrPon" CZnoldbilacl Blackwell all ail
7 ."6.4 64
analysed shows an increase in the notes, and a 11 6 t Do. New 4l
al ...
: I.
Stock Lon., Brighton, Coast 100 109 110 1r 91 It a
I. falling off of securities, the demand for money " out
r 3 Stock London .4 North-Western 100 951 93 921 1 1
to of doors" is evidently increasing. This is owing to lie Do. Dens 74 It 1 dim
of the subscriptions to loans and new companies ; and Stook London & South-Western 10e 94 15
15 London and Coleraine all .... •••• 21d
Ca i as a further considerable ab-orption for tile 25 London and Enniakiilen all -
111 '...
.
same purpose is anticipated, rather 11,73 lasi- Stock tianches.,Blletok Lincoln- 100 621 351
1 Melitan - -
r 1 ial affairs 5 I ness in imanc 9 not improbable • stock t ropo
..
be I Indeed, there ere many who confidently stock Do. Birrniughara a Derby 100 16 Cs
. Ed. Gt. West. (Ireland) all
01 look for an adverse movement towards the end of 50 S
15 Do. 4 Shares all
the year, when, in addition to the appeopi:ation of 100 Newcastle and Carlisle all "'.
et, ,
capital to new financial enterpi:ee, the extension of 15 Newport, Aberg., 4 Reret all .-
. 10 Newry and Armagh (dot 9 -. ...
,
✓ ' . trade:may also stimulate the demand for di; •ount.
a g ;10 Nowry,Warrenpt.& Dostr. all ... ..,
Lig The New York exchange is rather lower, but the Stock Norfolk
50 Northern Counties Union St 34 S dIS
Sit continental rates continue firm. No imme "ete in- Stock North British
)0 crea-2 in the exports of specie is expected. Stk. North Devon Rail.Bok.Elk 100 --...
01 In the Cotton Market at Liverpool, yesterday, a ``Stk. Do.A Stk.-A recv. no div.
' moderate amount of business was transacted and until 6 p.c.has been pd B 100 -..
re , t Stk. Do. B Stock lOO - ~.
of 7,000 bales were sold at about former values. In stock North Eastern-Borwick 100 941 94.., 941 1
25 Do. do. G.N.E. Purchase 16.15.4 1 dts dia
Railway shares there wns no particular alteration, Stock Do. Loom;
LI.
but prices of some of the leading lines slightly re- stock Do. York
q-
ceded. took North London lOO ~ 9 101 it d
at 10 N. & S.V °stn., Hampstead,
3 Since Monday last the imports of specie have been and City Junction. 31.15. --
1, .. ,
about £125,711, and the exports £2OO, exclusive of 20 North Staffordshire
20 North Western 174 51 51 dim 121 12
all 8 9
10 Nor,h & Sou. West. Jane, all 8 9
38 the following shipments direct from London to the
:lc continent during the week ending Thursday last : Stock Over I. Wore., kW olverb 100 67 28
Peebles all
e- Gold Coin - Boulogne 390 OZS. 10
10 Portsmouth l9 8 6 411
3" Silver „ - Boulogne 6,600 10 Rhymney lO - ..-
„ „ - Rotterdam
1- , „ Bars - Rotterdam
21 , „ „ - Boulogne BOO Stook Do. Scottish Mid. Stock... 100 - -
Stook Shropshiro Union lOO 44 40
e, „ „ - Hambro'
Stock South Devon to At the meeting held to-day of the creditors of
0 Messrs. Hyde, Hodge, Se Co., who reeently failed in Stock itioutls-Eastern lOO 71 72 711 1
Sto,3k ISonth Wales lOO 81 82
ie the theft 'r trade, it was stated that 2C3. in the pound 10 South Yorks. & River Due all 14 15
a is likely to be realized. The estate is to be wound 10 Do. Do lB 6 4 die
20 Staines, Wokin, & Woking all 9 11
i- up under inspection. 15 Stockton and Darlington all 35 26 351
IC Very little business has been transacted in the It Do. do. 1854..,,,, 20 - -
f- English Stock Market to-day. The pr;ces, although 25 Do. do. 1855., 7 ... ma
- Stockton and Hartlepool 161 ..... in.
a rather fiat, have not varied beyond 1-16th per stock Taff Tale lOO ...• •••
I- cent., and the market is as quiet and steady as could Dock Do. Proterence,
31 15 names Haven Dk. & Ball St -• ....
be expected when there are neither real nor specula- Stock Vale of Neatb. . ..... - -
It Stock graertdand or * kilkenny 100 -•-
tive sales to give it support. Consols have been
el 961 i for transfer, and 9q * for account The New ao Waterford and Ilmertok all - -
10 West Cornwall all ..... ...
Y 3 per Cents. are 96i 97, and the Reduced Bank 10 W.E. or Lon. & Ory.Pnlace all - -
11 Stock is 226 i, and India ditto 219. Exchequer a{ D .1. A { rt7r 7vlpnr.gentliavi /
au 64
BSI
821
11 Bills (June), 20s. prem. The Bonds, 10q-)
It India Debentures, 981. 20 We:thonaon all MIN
10 Do. let Class
I all a. -
4+ A rather limited business is recorded in the Foreign is Do. Id do , all ••• •••
IC Stock Market, and prices are steady. Turkish 6
il per Cents. are 96+ .i. ; Russian 5 per Cents., 113 ;
it Ditto 4 per Cents., 1001 -a ; Peruvian 41 per Cents., LINES LEAPED AT TIMID 31INTAIA
to 89 ; Venezuela 5 per Cents., 41} ; Dutch 21 per
Cents., 66 ; ditto 4 per Cents., 1011 ; and Brazilian Benways PM. Leasing 101604 Meal lignew
A Scr;p par to I prem. Red Sea Telegraph Shares Companies' I Done.
are i ' prem. ledlord a Bletchlsy..... all iLOn.&N.Wn. - ,m
d r
There has been a limited business done to-day in Irkt"h'lll ° 100 Lou. I N.W.101 10S
3 ydeadalo Junction„ lOO Caledonian...lo4 106
the Railway Share Market, and the few transactions
,10; olchester, Stour all E. t'n. & E.C., 16 18
recorded show a variation of about 1 to 1- per cent. I.l4noolnshira, g. 6p. o. 100 Gt. Northern'l4l 144
I. Union Her. la Eihrs all E. Countiee..l 4 5
Eastern Counties, Edinburgh end Glasgow, and Do. Woodbrid-,e
South-Eastern have improved 55.; and Caledonian, ilas.BarrANe lirect lOO Calado-nian... - ....
10s. Great Norther a and North•W Do, New -
e-tern declined lioness. a Dean Forest all net. Western - on lel
g ss. ; and Great Western, Brighton, and Midland, 10s. HartlepoolDock. &Rail. all rk.N. a Bar. ~..
The Foreign and Colonial lines have exhibited all
d H and Selby ...... ...,. all n. aN. MM. 111 113
e too 4 Shares I all ,De
little variation of importance. Pairs and Lyons Do: i Shares .L -
13 and Lombardo-Venetian have receded about ss. ; London and Greenwich all int. Eastern 13 14
Do. Preference all 'Do 931 Hi
and Grand Trunk of Canada, ss. to 10s.; Great Lou,, Tllby.,&3onthand 100 Pete &Co 94 90 t 4
Western of Canada improved ss. Do. Barking Shares all Do.
C leowestort, gua. 4 per et 100 Norfolk .. ...
Joint-stock Bank and Miscellaneous Shares are
a Do. Do. 6 per cent lOO Do
at slightly improved values. Union of Australia tanchcs.,-Bux., I 3141. all LA N.R.a M. 7 ....
4 14
have advanced £1 ; and Western Bank of Lon- alddleskro' & Bodnar.., all litook.a Dart .. -
dOll, l Os. ..itikliand Bradford lOO Mid1and.,..,...... 98 193
it wk t.By. Ex, gn. 5r c 11.55.f En. Counties t Ipm pm
In tile Miscellaneous Market prices are steady. forttern and Bar•-rn all Do 5B 60
Consols for Money, 961- to 3- • ditto Account
, Do. 6 per c0nt..... .... . .... all Do
I Do. Axed 5 per cent..,, all Do.. ..
.1, -..
9q- to . Preston and Wy-- all L. 4 it, iv- - ..
• oo.a Shares A all IDo
e THIS DAY'S MARKETS. loyston. Illtchin,• and
Sbopreth Stock llO itift.Nerthern 110 142
Pr as, shot Roth., and Goole 18.11.6 Len. & York. -
e :OVEN GARDEN. ihrewebury A Hereford. all Mr.T.Brassey 91 n 84
f Very large supplies of fruit and vegetables on sale, and the trade lienth CM ordsb 1re......, all
Tear
Do Talley 3:tr, 3i'Clea.s 10 101
all Ott ok. It Dar. .. ..
generally I tiled firm, as follows:-
. de
B.
4.
8.
d.
vizaWiltsbawindon6oma eat•rseort-d.on.-110:1101 Gpmrt.on.Waelstorigrah 9i830 93941
rant
•• B. d. s. O. 1
a pi,. ii --h.. -..... - -, ~, I nu.,...4.. ~,,. ns 0 4to 1 n .

B. d. B. d.
Pine Apples, per Pi. 3 n to 7 0
Colonial ditto, eacb 0 0 to 2
Grapes, per it. . 2 0 to 6
Foreign ditto
Melon.,, ea . 2 6 to 5 0
Peaches, per 6 0 to 15
Nectarines, per do 4 0 to 8 0
Apples, per sieve 1 3 to 2 .3
Pears, per doz. ..... • 1 3 to 3 6
Oranges, per doz 0 6 to 2 0
Lemons, per doz 0 6 to 1 8
Apricots, per doz 1 6 to 4 0

s. s. d.
Cherries, per lb 0 4 to 1 0
Filberts, per lb 0 ti ti 1 0
Cobnut,, per 100 lb. 0 oto 0 0
Almond, per bus
Walnuts, per 109
_l9 to 1 1

'4
•
•
N

PREFERINOII 611111111.
--7
Dart Railways. rald. pining Film. Basine 66
Doak
••••••••- i ••,, •spw. ~...............eses. -,wrir , .......esesmeso
25 I Ilyth and Tyne 10 per c.
prof. (issued at £50..... all 49 it
( Btk. lrls. & Exet.4 p.et. Moe' 100 94 96
110 Do. do. do. Shares 9 •••• ....
Dock Iledonlan 101., 41 p. 0.. 100 103 105
12.10 Do. 1 shares, No. 2 7.10 ••• •••
( ')neater ,k liolyhead, 51pc 100 ..i
Ink. Do. do. 5 per cent ... ..... 100 ese 1.,
61 -kirk and Bandon, 55 p. c• all - es.
Of Jon.,Perth,3; Aber. JAY c all 55 6
Stock il.Angli•in Class A Ilharto lit -. ...
Stock 'Rt. Claes 13 6 yer cent... 100 110 115
Stick Do. Class C 7 per cent lOO 103 101
Btk}2l. Coon. Ex. 15 p. et. NO. 1 100 115 118
Do No, 100 114 116
Do. Now 6 por cent. Btock 100 18 1t I
Stock las - Union, 4 p.n. ..... . 100 00 12
stock C. Lan , 6 per cent lOO ••• ••••
5 21. a IV t. York. June. fifth. all ..... .....
Stock i±;(l.ln..t Gloe. S p.c. shares 100 •••• •••
Stock Mtn., Perth, and Donde, 110 .- ....
3tock ?urncas S per cent.-
Stock Dna. k B.W eat. rm. I. p. ct. 100 I .... ..,•
'hock ;teat Northern, 5 p.cent. 100 121 123 1125
hock I.l.sp.c.lleleemable,lop.c. 100 114 116
hock Im. 45 per cent, do lOO 106 107
100 00.5 p.o.Bcrip, red.at 5p t 60 05 67
10 Gt.Nh.of Bcotland,lst pre' all 11 115
10 Gt. Bn.&Wn. (Ireland) 4 i
100 .... s•.
per cent. pi et.Btock.
50 Gt. West. (Barks $ Hant,
Ex. 5 per cent) 6 - ••••
stack ao. Coniatedm.4l per et. 170 91 93
Stock Do. do. 4 per cent. 100 82 64
!Lock Do. Irredeemable 4 per et. 100 82 84 82
Stock Do. I per ct. redeem. ore! 100 96 98 96
3 Do. Birming. prof. shares all 91 10
10 Do. Chester 8 p.c.pr.sharet all It .1 171
10 Do, do. 5 per vent. do all 91 101
Stock Do. Birming. guar. stock. 100 73 75
261 Do. Cheater var. shares., all 18 19
131 Do. do. do.. , . .......
19 Do, do. do all 195 141
Stock Lan. & Yorkshire 6 per c l9O 108 140
Stock '.em,l.*Brigh. gria.s, p. c leo .... ....
stock In, Prof. Bp. et. thock .- 100 ..., it.
'tack Dn. New g',lsl`. 6'per cent' 100 - •.x D
flock Do. do. 4 per co=t ...•• 101 - ....
Stork Lon. 0c N.W.,c0t,.& Ninea
ton, 5 per cent lOO •••• ....
Stock '4ondon and S.West. 7 p.c lOO lt 8 163 x d
121 I•ondondy. & Cole, 1 share ell •-• .....
114 t,ondonderry& Ennts,lsh. all •• ...
stock 03,8100 per cent-- ,
flock tan., Bh., &Lin.,
110000 1(157 1;00
BIL
i i • 5 pm "
125 Niarypnrt and Carl.. 4 p o /I
• • L i IS ma
1,, c I Do. do. 41 per cent all dm, ow
1 IDo do
neck 111(1,0on.8 per cent, !heck 100 .... ...
Stock Do, Con. Bris. a 11ir.5 p. et.l 100 118 140
Stock Do, 41 p. c. Prof. kiumt, lO6
104
106
6 Do. with option till 1880 3
dock Do. Leic. and Hit. pref.st. 160 94 t‘
661 pit
10 Ncweort, Aber. ,t,i.pre, all ... ..
10 Do. Pa'pet. sp. c .. all 114 11
10 !!ortolk Debenture Sharep all 8} D.,.
3toch. Do. 5 per C., Et. Ek., 1845 10c....'
stock Do. 5
It At•• Val vx cic ,• 100 . .. ~.
Stock Do.sp.c. • •-•-
IP. C. Pre'. bk., 1847 100 - ....
Oteck !forth Brithh lOO 108 110
7 Do. 7/. l'reff:rence
Stec!' Bh.llestorn-Ber,4p.e.p • 100 9Q 904 59
10 lk Do. do. dl. 813 4 i di. par as
11 no. Loo i 6 6 per et 5i9. I It ..., ...
le Do' do Quartcv, 1843- 9 •••• ~,,
125 Do lot K 11. It S. MO'. 10 1 ills par
15 NorthBLa/orisd'rc
20 0tt...1901.,&W01.,6 p.C. I g lOO 118 ' 110
•
Rook Do. (I% Ip.r, 26 do. 100 108 106 ..
.leek Dc, 45 p, 0 DabeLttire DI 1100 98 100 .91 .

Figs, per doz 0 oto 0 0
Strawberries, per Pt 0 Gto 1 6
Gooseberries, p. sv. 1 6to 2 6
Currants, per ditto I oto 4 0
Plums, per ditto 3 oto 3 6
Greengages, per do 3 6to 4 6
Raspberries, per p 1 0 3 to t 6
'ARLES.

vEGE
s. d. s d I
• • s.d. s.d.
Greens, p.dz.bunch. 1 6to 2 0 Shallots, per lb 0 6to 0 0
Cabbages, per do ... 1 *7. to i 3 Horseradish, p. bh 1 oto 2 G
bavoy ditto, per do. to 0 4 Parsley, per ditto
Caulillowers,per dz. 1 Ito 3 0 Celery, per ditto
Brocoli, per doz ... 0 oto 0 0 Bect, per doz.
Old potatoes, per tn. 0 Ito 0 0 Parsnips, per ditto 0 oto 0 0
New ditto, per 1b... 0 Ito 0 4 Small salad, p. pun 0 2to 0 3
Peas, per sieve oto 0 0 Mushrooms, p. potl 1 6to 2 6
Turnips, per bunch. 0 3 to 0 4 Artichokes, per doz 2 oto 3 0
Carrots, per bunch 0 3to 0 6 Cabbage letts., p. sc. 9 Bto 10
Cueninberg, each ... 0r to 0 S Endive, per dez2n 26t0 3 0
Garlic, per lb 0 6to 0 8 Radishes ner dz. hd 0 6to 1 0
Sorrel, per sieve 0 oto 0 0 Tomatoes, per h. cc. 0 oto 0 0
Spinach, per ditto._ 1 6to 2 0 Walnats, per 100 ... 0 oto 0 0
Erns. sprouts, p.b.s. 0 oto 0 0 Chillies, per ditto... 0 oto 0
Old onions, p. d.b 1 oto 2 0 Capsicums, per d 0... 0 oto 0 0
New do., per bunch 0 oto 0 0 Rhubarb, p. bundle 00 to 0 0
French beans,hlf-sv. 19 to 2 0 Asparagus, per bun. 1 6to 4 0
Leeks, per ditto 0 2to 0 3 Sea kaii, per pun.... 0 oto 0 0
NEWGATE AND LEADENHALL.
Turkeys, Os Od to Os Oil; poults, 3s Od to 5s Od each; Geese,
50 ((I to 7s Od ; Goslings, Is 6d to 7s 0d ; ducking'', Is Od to Is
91; rabbits, Is od to s Cd each; wild do., Oil to•ls Id; pigeons,
6d to l's 10d each; large Surrey fowls, 41 to lOs Od; barn-door
do., Is Od to is Cd; chickens, 3j to 5, 01; capons, Os Od to Os Od ;
hares, ts Od to 5s Od; grouse, Os Od to Os Od each; pheasants, os Od
to Os Oil ; ptarmigan, Os 01 to Os Od ; woodcocks, Os Od to Os Od ;
snipes, Os Od to Os Cd; teal, Od to Os Od; wild ducks, rs Cd to Os Od;
widgeons, es Od to Os 0d; plovers, Od to Os Od each; guinea fowls, Os
to Os Od ; roasting pigs, Os to es each ; Ostend "'esti butter, Os ail to
Os Od ; English, Is Oil to is 3d per lb ; English eggs, Ss Od to Ps 011;
French do., G s Od to To 6d per 120 ; leverets, Zs 011 to Is Od each.

BILLINGSGATE.
Turbots, is Od to 155 C 01; bijib Is Cal to 7s Od; salmon, Os 6d to
Oa led per lb ; coasl .1s ed tWOd each ; soiee, 2cl to sod per
pair; trout, Cs to rd per lb; lobsters,,ld to Si Od; crabs, 6d to /a 6d ;
whitings, Cs Od to lOs per doz.; common oysters, Ills Od to 14s Od ;
natives, 4' 8 01 t.) 4is Od per bushel ; mackerel, 55s to Os per 100;
smelts, is 64 to Os Od per doz.; skate. Os to CI per lb; shrimps, Os
to Os Od per gall.; bloaters, IF:4 Od to Os Od per lilt ; fresh herrings,
105 00 to Os per _OO ' • Scotch do„ Od ; sprats, rs Od to Os 03 per
bushel; dm Jys, Fs ed to 7,; haddocks, 4s to 11-s per doz.; pike 6d;
Sturgeon, Ed per lb.; prawns, Cs to 4s; mullets, Os Ed to 2; 64 sam, ;
plaice, 4d to is Od eaeh; Isa`_but, 641 per lb; flounders, Ia 6,1 to 2,
Ud per doz.; eels, ad to 's per lb.; carp, 1s Cd to rs ; tench, 1 s to ';
Per brace; gurcets, id to Ir.

_
NEWPORT.
Beef, from 25 Sd to 15; mutton, 751'd to 45 11; lamb, Ss 10d to 15
6d; veal, 35 8d to 4s ad and pork, 3s to 4s Od par Sibs.

•
WIIITEChAPEL.
Boef, from 2s 10d to 4s od ; mut* in, 2s 10(1 to is 2d ; lamb, 3s 101
to is id ; veal, 3s 8,1 to Is (IA; and pork, 3i to Is 4d per Slbs.
BREAD.

The prices of wheaten bread in the rueircpolis aro from 60 to 7id
of household ditto, ,;(t to r d 1 per !lb. loaf.

IIII;ES AND SKINS,

Market hides, 561 b to 641 b, itld to 141 ; r.tib to 721 b, td to 13;
721 b to SOlb, 40 to Qd; S4lib to Mb, 43d to sd; 851 b to acib, 51 to
Sid; 961 b to 1041 b, 5d to rild; lOilb to 1121 b, Od to ficl • upwards,
Od to Od. hides, Ss Od to 103 Od ; calf skin, light, 2s Gd to
ed; ditto, full, Os Od to 68 61; polled sheep, 2s Sd to Ss 6d ;
}tents, us nd to os Od ; halt-breds Is 10d to 23 41 ; Downs, is 6d to
11 wd; shearliugs, Os 01 to os Od; iambs, 2s 6d to 4s Od.

rICAYEAMPICE MARES —(Consmaed.)

RAILWAY INTELLIGENCE.

~`: ` :J.

PAM.

Blaine
Clottng Price i Done.

GREAT WESTERN.

The half-yearly general meeting of the shareholders of
this company was held yesterday at the station, Bristol—
the Hen. F. Ponsonby, the chairman of the board, presiding.
The report and accounts were taken as read.
The CHAIRMAN, in moving that the report and account
be received and adopted, said—l know full well that some
disappointment must be felt at the result of the working of
the line for the last half-year. (Hear, hear.) I can assure
you that it has been most disappointing to the directors,
particularly after they have used their best endeavours, by
a reduction of expenditure and by strenuous efforts to im-
prove the position of the company, to find that— almost, I
believe, for the first time—the traffic receipts have dimi-
nished in comparison with the corresponding period of last
year; and to feel also that it is their duty, under the cir-
cumstances, to recommend the shareholders to forego the
balance that remains after paying the regular charges
upon the revenue. (Cries of " No, no," " Yes, yes,"
acid " Hear, hear.") This is a matter that rests
entirely with the shareholders; but it is the duty
of the directors to tender the best advice in their
power, and they have come to the determination I have
stated, not because the amount has not been properly car-
ried, or that the amount divisible is so small, but simply for
the reason mentioned in the report, that by carrying forward
the balance you strengthen the financial position of the
company. (hear, bear.) And it is most desirable at the
present time to show that, even for the sake of paying a
small dividend, you think it is better on the whole not to
divide the balance but to retain it, and so improve your
position by renewing your engagements, certainly en more
favourable terms than you would be able to do were you to
divide to the last shilling. (Hear, hear.) I do not think
much explanation is necessary to show the causes which
have led to the diminution in our traffic. I believe they
have been pretty fully explained in the reports of the differ-
ent companies, and we could not expect to be free from the
difficulties which all others have experienced. (Hear, hear.)
I think the falling off may be classed shortly under tw•o
heads—excessive competition and the distress arising from
the commercial events of last year; and the question is

flock
Rook
3%ock
Stock

1 0 6
stock
Stock
Stock
Stk
20
j 25
25
Stook

Siare

Atirentic & St. Lwrrence,'
Rom.Barortn, & Cen. Ineeoi

IDo
[Do. Additional Capital A.

10i
20f 1
104

1140 -
Bu 110 & Lake Huron ....
'Do. New
Buffalo,Bralat, & Godorict
6 p. c. Ws. 1 Aug., 1572
Do. do. 1 July, 1872
Do. do. 1 June, sn
Oalcntta & S. Eastern
,Cape Town & Dock Scrip
I Central Oudo
Ceylon
Demerara
astern Bengal
Bast Indian
Do. e shares
Do. E shares Exten...

171
10
Stook

100
20
Stock

. _
IDo, Jubbulpore '
Do. p. c. Bonds, 1,837.'59
Geelong and Melbourne,
IGeelong Corporation 6 p.
cent. Bonds
Orsgad Trunk of 05nada...
Do. 6 per e. Debenturos..
Do. 6 p. c. Prof. Le
,Groot Indian renlnsala
Do, Now 5 poi tont

810c,k
100
100

Do: do
Great South of India
tireat Western or Canada
Do.new
Do.bands payable '76
Do. do. '73, do. '6o
Do. do. '73, withe-- opt
Do. 5t p.c. do. i 7, do
Xadras
Do. new, do. 5 per cent
Do. ti p. Eaten
Do. third Etter, g. 5 p. o
Do. fourth do
New Brunswick, &c. (11m )
Do. do. B Capital
/kindle, guar. 5 p. c
Do. New
Punjaub
Do. Indus Steam Flotilla
Trinidad, Limited, Scrip...
Antwerp s_id Rotterdam.
Bahia & San Francisco
_...
geigian Eastern 'lnaction
Bailers to Graissesaac......
Carmeaux &Toulouse
Dutch Itheniell.
Eastern of France.
Euphrates Talley
•?roat Central of France..,
Gt. Luxembourg, con. she
Italian Junction
Lake Constance and Bide
Lierre and Turnhout
Lombardo Venetian
Lucca 3; Pletoja, 5 p.c.pref
;Vona and Geneva
Maria Antonia
Samur & Lingo
Do. do. 6 Per cont. pref
lorthena of France
Do. do new
iforwegian Trunk Prefer
Ottoman
Paris and Lyons
Paris and Orleans
Unite & San Fran., g. 7 p.c
Riga & Dunaburg
Rome and Frascati
Royal Danish
Royal Swedish
Sambre and Meuse

101
lot
100
100
100
100

Do. 5; per cent. pref
'Southern of France
West Flanders
Do.st per cont. Prof
West. & Northn.of France
Western of Austria
Western of 9witsenand
Wiesbaden

we, ff.

71 76

125 117
101 11

all
100
100
100
)100

Est 14t
103 1'.4
102 103

16 171
28t 291
.- pa
10 45

IBEIGN.

Closing Frlces.

par i pm

per I pm
par } pm
I F
12tt Iltt CIIII
85 90

so 8$
77 82
. pm

2s. 61

-
1 11 pa

* {Pk
IP5} 1061

i 1: PRI

16 18

311 401

71- 76

3nsiners
Done.

401
75 41.

6 a Ws
II 21i
par t pm
pm
171
* 181 Pm
3} 21; Qll
107 112
107 112

Pm
48 ln

19/ xln

COLONIAL GOVERNMENT SECURITIES.
Can. Gov. 6 p.c. Jan.kTuly 100 114 114 k 1141 fl 4
Do. 6 p.c. Feb.&Aug.l 100 112 114
Do. 6 p.c. Man&Sep.l 100 115 117
N. B.Gov. 6 p.c. Jan.BlJulyi 100 leg 10) 108}
Do. 6 p.c. Apr. & Oct. 100 -
N.S.W.Gov. sp. c. Debent. 100 100 101 101
Nova Scotia Gov, 6 p.c. St.
Debent. redeemable 1875' 100 108 109 la,
S.Aus. Gt. 6 p.c. JanAJuly 100 110
Vict. Gov. 6 p.c. Jan.Sauly 100 ...
MINNS
_
I
ID) e_re. Mines. Paid. (wag Prices. Business
Done.
......... •aideee...............awagzL, ' ---. ...........m.
10 Australian li 1 1
1 Bon Accord Copper, limd los. f I pin
15 Bruillan Imp. tls. at 51.p.1 27 1 1*
30 Do. lit. John del Rey l5 11 12
5 , Do. Land & Mining Co all 11 It
1 10obro Copper all 40 41
AO Oepispo l6 12 13
Dun Copper Mining Co all I 11
2 lartuna
10 General all 13 20
2 !ll:mares all 91 If
5 !Lusitanian ll It 1 Ms
1 IMarionita ... all !
1
1 New Granada all I
),
10 (Pontglband Wirer, Sic all 5 7
5 !Port Philip., 1 t I
$0 Santiago de Cab& IQ t 1 i
18 II 81 United Mexican ' all 3 31
.- Alfred Consols (Phillaek) 1.11.11 8 9 If
10 British Irer 1 11 21 34
,Condurrow (Carribonae) 1 10 10 60
10 Devon Groat Consols 1 455 465
East Bassett (Illogan)
... Groat South Toleats .
Par Consols (St. Blaxley), I/ 1%1 173
- BortridgeConsOls Min. Co. 61. 1 If
3 ,Tamar Silver and Load
IF Mining Co , 41 1 4
le 'Tin Croft 9 31 31
... ;West Basset (Mogan) i It 22 21 I d
JOINT spou BAIR&
/hare. Joint Reck Banks. Paid. ! Closing Price.linslness
Dc,,
—.........—.. —........---.1........................01vimm
100 Agra & United Service Bk 50 .
40 jaastralasia all 88 i3O
15 !Bank of Egypt all 2s/ t 4/
100 `Bank of London . - ....
AO , Brit. Col. Bank a Loan Co all .....
50 British North Arnencan all 57 59
10 'OhartAl. Bank of India, kr 10 1 3 st dis
100 'City %O Ft f 4
101 Colonial l5 29 31
29.11 ICommer. Bank of Canada! all --. ....
100 lOommercial of London, ,20 21 22 201
10 , English, Scottish, lAm ' all 16/ 17/ 161
20 Gen. rk of Switzerland.- a'l ...-
I 0 ILon.Char.Bankof Anstral all 201 21
50 London and County 'lO 29 10 29 a
60 ,London Joint Stock lO 32 SS
100 London & Westminster lO 45 47
100 , National Prov. of En gln/y! 15 77 1
30 Do. new lO ....
10 ?lath:mai Bank l5 .-- ••••
10 New South Wales all 46 44
35 Orient. Bank Corporation all 38 41
sn Ottoman Bank all 151 161
I'io Provincial of Ireland 25 t 2 61
10 Do. new all 211
15 Bouts Australia. all —•-• 31
25 Do. new
as Union of Australia.
15 Do. Now 23 49 11
60 Union of London lO 25 26
100 Unity Mutual l5 ....
100 Western Bank of London 50 18 17 dis 12 3

51PICIILIANIOU8.
_ --
U an
Dare. Xlscollaneouit. I raid. ( 00211111 Film S
Dom
• . c, _ . .....„ ....,!....... .mm 4.. arummige .1111111111!
10 Anglo-Mexican Mint ' all 11 16
1090 Atlantic ';elegh. (limited) all
i 5 &astralian Agrlcultural.., 15 35 31
10 tr-strallan Royal Mall all .1 11 .
10 Berlin Water Works. .... all 11 4
10 Do. NOW 3 ... ....
50 Rrittsh American Land 4O ....,
50 Bri, & Irish Slag. Tel. A all 41 43
20 Do. B. 7p. c. till 18€2
20 Do. C all 10 17
100 Canada Land . 3ll 110 115 1111
Stock Cop. Miners of England all 25 10
251
25 Do.Pro'cronce 7 k porcsnt all 15 17
5 Crystal Palace ... all If If li f
S Do. preference z'l If 41 I d
10 Eastern Steam all 11 2 11
Stock Eloctric Telegraph lOO 1054 10:1 ..
5 English and Ansti.Oopper all If 1}
10 European & Indian June
Telegraph.
II Euro.&Amer.Steam ( Lim.) all 11 21 11 2
10 Gmeral Iron SerewCaller, all .....
15 General Steam Vavigatien' 14 ...
10 London Disoount ls 11 11 die PI
4 Lon. Gon. Omnibus Co.
I
10 Meditern.Eloc. Telegraph all
10 Do. Exten. (Limited).., all 71 Ri
25 National Discount Co 5 11 tt Ma
10 Netherlands Laud 6 .-
10 Do. do ... all 1 1
5 Do, Sp. c. prot.is. at 1 dig all 11 a
1)0 N. Br. and N. Scotia ;and 80 ...
1 N. B. Australasian all i 1
19 North of Europe Ream all 2f $
1 Orient's) (As all f If
1 Do. " Now Shares" lss. 1 clls fpm
I peel River Lahti a Miner:- all 2 11
50 Benin. and Oriontal Steam all SI S 3 ;801 2
50 Do. now lO 71 8 piss 161 18
50 ilihymney Iron all lit 221
15 Do. New all ef 7
150 Royal Malltileam 69 60 61
,611 f
1 Scottish Anst.lnvestment all II 11
oi
25 South Australian Land.,., all 381 3711
1 Submarine Tolog. Scrip.,, all
1 lf 3
1 Dc.do.roginorod all
tO Trust Pi. Loan no., Canada 5 ....1
—ll
110 toter Vernon's 14an'L,. Sill II 12

THUNDERSTORM AT DERBY.—On Thursday after-
noon and evening Derby and the neighbourhood were visited
by one of the severest, storms that has been known in the
locality for years. For some days previous the atmosphere
was intensely close, and about 2 o'clock on Thursday after-
noon clouds heavily charged with electricity began to join
together, while the rumbling of thunder was heard in tke
distance. Between 4 and 3 o'clock the storm, which broke
directly over the town, was at its height, the lightning being
of the most vivid character and followed by appalling peals
of thunder. The rain descended in torrents, and was ac-
companied by an extraordinary hurricane of wind. Among
the incidents of the storm may be recorded the very
narrow escape 6,f NTr. Moore, assistant-secretary of the
Midland RAlway Company, and his son, who, when
walking borne from the office, shout a quarter:past 6 o'clock
in the evenine., were struck with the lightning and pro-
strated to the earth. Luckily, however, they both
escaped injury, exaeptinee a little flight consequent upon
such a narrow escape. On Burton-road a girl was struck
blind. In Balington-lane a fine poplar tree was split and
thrown to the ground. At Litchurch a valuable horse be-
longing to Mr. Eastwood was killed. Several cows were
killed in the neighbourhood. At Codnor three thatched
houses were struck by the fluid, ignited, and burnt down.
In the neighbourhood of Uttoxeter the storm is described as
being fearful beyond precedent. The storm ceased about
eight o'clock in the evening, but the atmosphere still can-
tipues oppressive.

- - _ -
whether anything could have been done by the board that
would have materially altered our position. In looking back
on the events of last year I am really unable to see that
we could with advantage have taken any other course
than that which we adopted. With respect to competition
we have done all that we could to avoid it. We have from
first to last been willing to enter Into agreements with other
companies to fix the rates at remunerative prices, and when
we were unable to agree we have always been ready to allow
the matter to be settled by impartial arbitration, and in
most cases we have arrived at a satisfactory result. In the
north the introduction of new parties into a district has
caused what may be called an upsetting of the old rates, and
the consequence has been a most unremunerative carrying
of traffic for the half-year for all parties. It may be said
that we might have entered more keenly into this competi-
tion, and increased the quantity of our traffic. But if we
had done so, that increased amount of traffic must have been
carried at lower rates, and we should not have increased our
profits. I think, therefore, we shall receive your approval
in the direction we have given to our officers, not to lead,
but to follow, in any reduction that may take place. If we
were to say " We will not reduce," it would be equivalent to
saying " We will not carry at all." Our plan of not leading,
but following, in cases of reduction is safer to some extent.
Our wish is to carry what is remunerative, not to lose our
connection, but, if possible, to enter into communication
with other parties for the purpose of making such arrange-
ments
ettioonasll'have led, to a cer-
(Hear, hear.) It
thaaisn been
eeuas
extent,sa i d will
tt ohbaet t our
re
lfiroeesdisaul of traffic ; that with a
diminished amount of accommodation by trains we
could not expect the same amount of traffic. Now, I do
not think that is a correct view of the question. I believe
the diminution in the number of trains has only been com-
mensurate with the decreased means of the public, and if
we had run a larger number of trains we should only have
increased our expenses without causing a corresponding
increase in our income. If we had seen our traffic diminish-
ing, whilst that on other lines bad been increasing, we
should certainly have considered that we had carried our
reductions too far. But such has not been the case, except
where competition has arisen. We have been more favour-
ably circumstanced than other companies. Our falling off
has not been so great. I think what we have done in this
respect will receive your approval, for we have endeavoured
to provide such accommodation as would be remunerative
to ourselves without interfering with the requirements of
the public. (Hear, hear.) We have redeemed the promise
we gave that we would endeavour to effect a reduction of
our expenditure. We have done so to a very large amount,
and you will not have failed to observe that if our traffic Lad
kept up to what it was last year, we should have been
able to give you the same amount of dividend, and to carry
forward a larger balance. This, unfortunately, owing to
the causes I have mentioned, is not the case, aad
it is for you to decide 'whether the udvice given by
the directors is wise or not. Another p: e vise given
by us was that we would endeavour to establish friendly
relations with other companies. Iu all cases we have en-
deavoured to bring all matters in sufferance to a close, and
they have been all either settled or are is a fair way of set-
tlement, except the northern competition, which has been
introduced by the Great Northern and North-Western
Companies into the northern districts. I hope, however,
that no great time will elapse without a settlement of that
question. (Hear, hear.) With respect to the competition
which has been going on for some time at Reading, an
arrangement has been come to with the South-Eastern and
Seuth-'Western Companies which is fair to all parties, and
which I hope will prove satisfactory. The arrangement is
to be in force for three years, but I trust that it will be
prolonged, for it is based on the principle of making all the
traffic we can for the benefit of all the three companies.
(Hear, hear.) An arrangement has been entered into with
the Oxford, Worcester, and, 'Wolverhampton Company, to
which I alluded at the meeting in London. Every one will
agree that it was most desirable to put a stup to the expon-
sive Parliamentary contest between that company and our
own, and also to any litigation that might arise. It is true
we have given up the right to compel them to lay down the
broad gauge on their line. The agreement, which will be
carried into effect under an Act of Parliament, provides
that they are to run out of our station at Oxford in connec-
tion with the passenger trains ; that there is to be an fitter-
change of traffic between the two companies ; that litiga-
tion on these points is put an end to ; that for nine years
they are to make an annual payment of £'2,000 a-year for
the privilege of taking up some broad gauge rails which
have been laid down. The payment of the £2,000 is to be
made either annually or in one sum, as may be agreed
between the parties. 'We are to run over their line from
Priestfield to Wolverhampton, they doing the like over our
line between Oxford and Wolvercot. The amount of traffic
carried by us over their portion of line exceeds that which
they will carry over ours, and we shall benefit to the atnount
of from £2,000 to X 3,000, and if the traffic from the north im-
proves that atnount will be still further increased. ( Hear,
hear.) We have, during the half-year, kept a careful
watch over the question of expenditure, in accordance with
the promise given by us to the shareholders. A resolution
exists that no liabilities should be incurred beyond those
then stated without coming to the shareholders, and such is
still our view of the question. We have an expenditure com-
mittee, which looks most narrowly into every expense, and
no large outlay has been incurred except the making of a
narrow gauge junction at Reading, whin was sanctioned at
the last meeting. That was a matter of necessity, and will be
of advantage to the company. We mention in the report two
points in regard to which we recommend an outlay, and ask
your approval. One is the doubling' of a portion of the Wilts
And Somerset line between Yeovil and Eversholt. It has
been found almost impossible to work the traffic with a single
line. It is to a certain extent dangerous and very expen-
sive, because it cannot be done without the employment
of
additional engines. We therefore propose to double
that portion of the line. But you need not be alarmed as
to any great expense. The way its which we propose to
proceed is this : a portion of the line having been laid
that timber
s
to
wwoirthk, timber,and, sowe fahrellasaprpell3a' relates to that
dpoarwttnhoedfonutelle wie
business, there will be nothing to pay
for but the cost of labour. We propose to enter
into an arrangement with the Oxford, Worcester, and
Wolverhampton Company to supply us with some of their
rails and timber in lieu of the payment which they have
agreed to make. We think, by applying these rails and that
timber to the construction of the new portion of the line,
we shall improve the line and diminish the expense of work-
ing it without incurring any charge beyond that for labour.
(Hear, hear.) The other expense we propose to incur is for
a bridge over the West London Rail-
ere not a matter of necessity
Rail-
way.
btheet. lw
'cue rnP;uvssee anonf ivtfilh he ti
iig3o n and North-Western Company,
it would be important to get rid of the level crossing just as
you are approaching the metropolis. But the fact is, that
a lawsuit was going on between the two companies on this
subket. It has always been considered desirab'e that this
bridge should he erected, and an agreement existed pro-
viding that one of the companies might go to Parliament
for necessary
leaving. the relative amounts payable
be settled by arbitration. On looking
over the matter with the Matgois Chandos, we thought it
probable that the lawsuit might cost more money than
the
bridge, anti considered it desirable to erect the bridge, leaving
the proportionate payments to be settled by arbitration.
(Hear, hear.) There may, perhaps, be other matters which
require explanation, which I shall be happy to afford. It
has been said that the accounts are not clear. Now, if any
one can suggest a mode by which they can be made clear,
to attend to such suggestion. But it
want of clearness can only arise in the
take up the accounts and read them
ws
e- eienms
dhssa
tlol
of bemt
hehotashpe
apwty
anyh o
over hastily without reference to former accounts and the
reports of preceding belf-years. As the accounts are cat. ,

that it was most unfair to bring np the question of the
£5,000 paid to Mr. S.-Hinders.
The Rev. Mr. NrcnoLsos complained that some of the
dissentients were insulting him.
Mr. GILES then investigated the accounts, and ventured
to say there was not a fallacy to be traced in them, and sug-
gested that hon. proprietors should, if they did not under-
stand it, go to the office as he had done, and examine into
the matter, instead of asking questions about necessarily
complicated statements of figures at a public meeting. Hi
bad intended to propose a resolution fcr closing the capita.
account. He viislied to know whether the adoption of the
report would commit the shareholders on the subject of
outlay on the Wilts and Somerset line and the West London
line, and as to non-payment of dividend ? He was inclined
to believe that if the directors would consent to the closing
of the capital account the meeting would be inclined to
agree with them in postponing the payment of dividend to
the next half year.
The CHAIRMAN replied that the adoption of the report
would in no way bind the proprietors on either of those
points. There would be distinct resolutions proposed as to
the Wilts and Somerset and West London expenditure, and
also as to the dividend.
Mr. Cox contended that they had nothing to do with the
private character or the ability of the directors, but only
with their public conduct as directors. He held also that
they were entitled to call for information upon all paints
of detail at their public meetings. He was glad that there
was an infusion of new blood in the direction which he hoped
would be sufficient to give it a healthy vitality. He wanted
to know who was to be the engineer of the company; was it
Mr. Brunel, or who ?
Time Ch AIRMAN—The engineer of the company. is Mr.
Bertran. Mr. Brunel is the consulting engineer, who is
roferred to in questions of difficulty only.
Mr. PARTRIDGE was desirous of knowing which was to
be the future manager of the company. He had no de-
pendence in promises. They bad had too many of them
every half-year since he had received 8 per cent., but they
had all been falsified in the result.
A- PROPRIETOR complained that they had no satisfactory
statement of the assets and liabilities of the company. The
arrangement with the Ruabon Coal Company was suicidal,
for it offended some of their best customers for the benefit of
certain individuals, some of them being their own officers.
He wished to know what was the extent of their legal and
Parliamentary liabilities up to the present half-year—if
there were any other liabilities outstanding than those Or.
the capital, which came down only to the year 1849 ?
The CHAIRMAN replied that the accounts showed that their
liabilities for Parliamentary expenses was £7,291, and for
legal expensesXll,236, making togetherX9,s47. In accordance
with an arrangement previously explained, the legal charges
would be paid out of the revenue of the half-year, and the
Parliamentary liabilities were to be spread over six years.
The Ruabon agreement had been brought before the share-
holders some time ago, and was approved of by them. [A
Voice, " Carried by proxies."] Since then litigation had
been going on in reference to it, which litigation was still
pending ; but they were told it would be decided in Novem-
ber. lie held that the agreement had been beneficial to the
company, and produced £40,000 a-year, an amount which,
when other sources of revenue were falling off, he thought
they could not affordlito lose. (Hear, hear.)
A PROPRIETOIt—But, sir, at what expense do you earn
it?

srling all the iteme.
fi do all we can to
.ois that the directors
tied on in the same form from ha' f-year to half-year
rtßeh
ume
troeivfce
aa
it.nn3 b
difficulty
dt
oc&
ol tauyifdoirnernx
eiurts)
odwee
cer
as
wst
jai
I
n
and officers of the company were a n bus to afford the
shareholders every information in their p ower, not only at
the half-yearly meeting but at any other t, me. During the
past half-year Mr. Giles came to Paddingt an and inquired
into various mai.ters respecting which be es stertained some
doubt; bat the result was that he afters yards expressed
wehimshealvf, have no d fully
satisfied. I will
only sal: n?g. ' in c onclusion, that,
axe that we shall
to
yth
always be happy to afford the shareholders any information
which they may require. (Hear, hear.)
an.
A PROPRIETOR—What is the nature of the arranges nents
as to the Reading traffic ?
The CIIAIRDIAN—It is to charge femunerative rat es by
all the lines, and to apportion the receipts equally 'to each
of the companies for the next seven years.
Major COURT referred to the stateusent that them had
been a saving in the working expenses. of ,V. 8,427, and con-
tended that if they went into the accounts of the previous
half year they would find it to be only £lB,OOO. It was said
that the object of not paying dividend was to enable the com-
pany to take advantage of the money market, and obtaits the
renewal of loans on more favourable terms. That was s,o far
so goad. But the directors further said that some reduction
had already been made in this respect. They said—" :Some
reduction in the interest upon loans has already been effected,
as appears from the accounts ; and the directors will per-
severe in every effort to avail themselves of the improved etate
of the money market for a further saving in that charge."
That was fallacious, for the accounts showed an increase of
debentures to the amount of £lBO,OOO awl more. If, then,
the loans were increased, how was it possible that any pro-
gress could have been made in the reduction of interest ?
A DIRECTOR—In the rate of interest.
Major COURT—There had, it was tree, been a decrease in
the current loans of something under £30,000, but that left
a positive increase of more than £150,000.
Mr. SAUNDERS—I can explain that.
Major-COURT—I know what you are going to say. You
are going to tell me you paid £270,000 for interest on the one
half-year and £1,259,000 on the other ; but that is altogether
fallacious, and only tends to show the unsatisfactory manner
in which these accounts have been drawn out. The fact was
that the accounts were inexplicable, and were intended to be
so, else how could they place the interest on £10,022,000
at £270,000 one half-year, and the next the interest upon
an amount of upwards of £lOO,OOO more at £259,000.
Then the directors said, " the capital expenditure of the

company may now be considered to be practically closed, as
was explained very fully to the proprietors at the last meet-
ing. The accounts for that expenditure show that, while
some of the outstanding balances have been paid during the
half-year, the sums already received for the sale of surplus
property, and for a portion of shares in other companies,
have exceeded the capital payments by about £29,000." lie
held that the receipts front the sale of bonds, and what was
received from other companies, ought to have been applied
to the reduction of loans. There was a clear profit without
touching the balance brought over from last half-year of
£16,900, which would give a dividend of 4s. IFJ. a share, and
he thought this was as well in the pockets of the proprietors
as in the hands of the directors, and with that view he
moved as an amendment that the report and accounts be re-
ferred back to the directors for recensideration and adjust-
ment.
Mr. SAUNDERS, the secretary to the company, said the
hon. proprietor who had attributed to the board a misstate-
ment of the accounts must permit him to say that there was
not the slightest foundation of any sort for such charge. The
board stated in their report that the amount paid for inte-
rest during the last half-year was less than the preceding
half-year. What bad that to do with the amount the com-
pany bad on loan, except that if the loan was greater than be-
fore, and if no more had been paid in interest, it was a benefit
to the company that they should have bad a larger amount
of loan, and have paid a less amount of interest. The result
was that in the last half-year of 1857 the company had paid
£:270,000 for a smaller amount against £259,000 for a
greater amount in the present half-year. In February a
large amount of interest had to be paid on a temporary loan
at high rates, and it was the force of the money market
that bad enabled the board to have a larger loan for a lower
amount of interest. The whole of the interest for the half
year was charged to the half year.

Major COURT said that not only had the amount of loans
been increased, but the average rate of the loans had been
increased.
Mr. SAUNDERS denied the assertion, and could not allow
the meeting to seperate under the mistaken notion either
that the accounts were not honest and not fair, or that the
directors had introduced into the report a paragraph which
was not strictly true. The rate of interest was less, and
the amount of interest was also less than in the preceding
half-year. (Cheers.)
Major COURT essayed to speak again, but was inter-
rupted by cries of " spoke " from all sides. He repeated
not only that the araount of loans had increased, but that'
the rate of interest had increased.

Mr. SAUNDERS remarked that the hon. proprietor dis-
puted the saving of £38,000, and endeavoured to prove it by
going into the accounts of the last half-year. But it was
stated by the chairman at the last half-yearly meeting
that a system was being introduced for reducing the
working expenses, which would come into operation in
the next half-year. That system was now In operation,
and if they compared the expenditure of the establish- ,
went for the past half-year with that of the first half-year
of 1857, they would find that they were better off by
£28,4'29 in the difference of the expenditure between the
two half years. It was true that they had not that much
greater surplus, because the revenue had fallen off in a still
greater proportion. He might add, that in the six months
of 1858 they had worked more miles of railway than in the
corresponding period of 1837. The fact, therefore, of the
saving in the working expenses was established beyond a
doubt. Then, as regarded the amounts received from other
companies, the hon. proprietor said it should go to the dimi-
nution of loans. Practically, it did so. But if they advanced
money on preferential stocks the return of that money should
go to the diminution of cost in the account,. He inight ae
that nothing had been parted with under par.
Mr. EDWARDS wished—as it was said in the report that
the capital account was sit but closed—that a positive re-
solution should be passed by the meeting expressing the
opinion of the meeting that the capital account should be
closed, and in no case reopened without the consent of the
shareholders. lie suggested that a portion of the balance
should go to the reduction of the debenture stock. He
could not believe that the accounts were either falsified or
fallacious, as Major Court seemed to suppose; but he
thought that they might be drawn up in a more simple
form, so that all the shareholders might understand them.
Mr. SAKBR complained that the directors had fixed the
day of meeting for the same day as the meeting of the
London and North-Western. It was that circumstance,
be believed, that accounted for the paucity of attendance
on the present occasion.
The CHAIRMAN said that it had hocn always the custom
to hold the meeting on the Friday in the middle week of
August, and on the Friday in the middle week of February.
He had no objection to change the day if the shareholders
wished it, but he was not at all sure if they did so that the
London and North-Western would not change their day of
meeting also.

Sir R. JERVIS, in supporting Major Court's proposition,
expressed his surprise that while everything else was im-
proving, that this magnificent property—(a Voice, " Which
don't pay")—was in a state of bankruptcy. It was owing to
reckless expenditure, extravagant litigation, unwise compe-
tition, and the extravagance of the engineer—a man pos-
sessing transeendant talents, but who had been the ruin
of every concern with which he had been connected.
(Cheers.) Then at the last meeting, when they were in a
bankrupt state, and their means were failing, and widows
and others who depended on their dividends for their means
of existence were reduced almost to a state of starvation,
£5,000 had been taken away to give to the secretary.
(Shame, shame.) He suggested that they should begin a
system of economy by reducing the salaries of the directors
and the highly paid officers of the company. He advised
them not to forego their dividends but take what there was,
and insist upon a reduction in the expenditure of the com-
pany. (Cheers.) He should cordially support the if:lotion
that the report be not received.

The CHAIRMAN believed it was generally admitted that
no traffic paid better than the coal traffic.
The PROPRIETOR—That depends upon the distance.
The CHAIRMAN—Yes, and here we have a long distance
and full trains.
The PROPRIETOR—But you treat the Ruabon Company
very differently from the mode in which you treat roe in
regard to charge. You charge me 30s. from Manchester to
Reading. (Oh, oh.)
A SHAREHOLDER thought, as they now came down to
individual grievances, they might as well proceed to busi-
ness, and be hoped after the statements of Mr. Giles, Mr.
Acton, and the Secretary, which completely explained away
the statement that the accounts were fallacious, that the
mover and seconder of the amendment would withdraw it.
(Hear, hear, and cries of " No, no.")
Major COURT declined to withdraw the amendment.
A SHAREHOLDER—Had the last call been paid on the
Metropolitan Tunnel Railway, to which you have subscribed
1:35,000 ?
The CHAIRMAN—The amount we have paid on the Me-
tropolitan Railway is £34,000 some odd.
The SHAREHOLDER—Then you have not paid the last
call.

The CHAIRMAN—We had paid the calls in advance.
The SHAREHOLDER held that when they took account
for the £lO,OOO interest, and other items which were not
legitimately belonging to earnings, their profits from the
last half-year were £3,000 lass than nothing. He thought
the charge of £14,700 on:the Shrewsbury lines, which had
been working a long time, was most unfair, and if they de-
ducted that from the profits, it could he fund that they
were L 20,000 worse than nothinr, on the half-year. The
working expense of the Shrewsbury lines was upwards of
70 per cent., a fact which, in his opinion, showed that the
coal traffic was not so remunerative as they had been led to
believe.

The CHAIRMAN—The charge on the Shrewsbury lines
had been previously voted for sidings and other works. As
to the per tentage of working those lines, as he had ex-
plained already the competition and the low rates conse-
quent thereon, it was necessarily high as compared with
the receipts.
The amendment was then put and negatived by an over-
whelming majority, only about six hands being held up in
its favaur. The original motion was then put tied carried
by a considerable majority.
Mr. GILES then moved a resolution for closing the capital
account. Ile had scarcely expected to have to advocate
such a resolution, because the principle of it had been
affirmed in 1850. lie had a right to expect in any railway
that the time would come when renewals and ether works
for keeping the lines in working order should be paid out of
revenue. That time had arrived in the case of this com-
pany. All their lines were completed, and there were no works required which ought not to be provided for out of ,
the ordinary revenue. He moved that the construction
accounts' of the whole of the Great Western Railway system,
including the Shrewsbary lines, should be finally closed,
and that no expenditure on account of capital should be
henceforward incurred, except in respect to the payment of
liabilities now existing, without the consent of the pro-
prietors being previously obtained.
Mr. EDWARDS seconded the motion.
The CHAIRMAN—If the hon. shareholder means that the
directors should not enter upon any expensive works so as
to increase the charge upon capital without the consent of
the shareholders I can say at once that they have no inten-
tion of doing so. But I must, as I did in February last, put
one condition on that statement—that is, that works of com-
paratively small importance, entailing but a small expense,
and which may be necessary in order to maintain the traffic
of the company, must be left to the discretion of the board.
nut i can bare nu 11,-,irntinn what,ver i i promising that no
el .e.) 1, g.hude ,ILdi be under.aken, and that no
large expenditure on account of capital shall he incurred.
We have shown that we intended to pursue that course
by coming to you to sanction the expenditure for the
doubling of the line to Yeo‘il awl for the construction of
the West London-bridge, which we are tinder agreement
to make. But it would he a great mistake to prohibit the
directors from incurring charges which might be necessary
for the effectual working of the line. The only charges re-
maining to capital arc outstanding liabilities, but tho-e liabi-
lities prevent our closing the account at the present moment.
We tire subscribers to the Metropolitan Railway, and if that
should be made, we cannot close our capital account and soy
we will not pay our proportion. I believe the outlay we
shall incur on that line, if it should be carried out, will give
us an ample return, and while the liability exists we cannot
close the capital account. No new works are contemplated,
and I can assure you if you leave the matter in our hands
that no expenditure shall be incurred which you can think
unreasonable, or of which you can complain. (Hear.)
Mr. STURGE considered that heavy work, like the doub-
ling of the line, ought not to fall upon the revenue of one
half-year, but should be spread over the revenue of a number
of years. fle could not leave the meeting without protest-
ing against the unhandsome observations which had been
made against. Mr. Brunel, the engineer, who was not pre-
sent to defend himself.

A PROPRIETOR—Dora not Mr. Brunel receives celery
of £750 a-year ?
The CHAIRMAN—Mr. Brunel receives a salary as our
consulting engineer, and he performs all the duty that is
required of him. At present he is ill, but his staff performs
all that is necessary.
The PROPRIETOR—But you pay that staff.
The CHAIRMAN—No; the salary includes the whole
charge, as far as we are concerned.
Major BAKER (a director) expressed general concurrence
in the views of Mr. Giles, as to the closing of the capital
account, but if they passed a formal resolution as proposed,
they wo:ild tie the hands of the directors and of the company
itself, so that it would be impossible for them to carry out
the reforms referred to in what was called the Walpole
report. Though the time had arrived when there was no
necessity for expending capital for new works of any mag-
nirude, there were outstanding liabilities which must be
paid fur out of capital.
Mr. GILES-1 except outstanding liabilities in the word-
ing of the resolution.
Major. BAKER then • proceeded to observe that having
been returned to the board at the bidding of the sharehold-
ge resn he
rea ayd, efixnadr. 7:en efedl
tnarrowly
tgortselaal eyt
ectsohtnacdtaurcetwo theiraf
sethe
rednnii rabenyc tors
emitted and jealously watched not only every £lOO, butx-
board every 1g
generally i!y expended,that netand
atts'ehilling was expended that could
possibly be avoided. Under these circumstances he ap-
pealed to the meeting not to shackle the hands of the board
by such a resolution, but to leave the matter to their dis-
cretion, at least for another half-year.
A PROPRIETOR, who said he was an auditor of the most
costly railway coming into
L
the directors
expressed his opinion
pass
that it would be unwise to
rueccl
ti
oar
sr et soo
cl uotnilopnl
y, bweietahuiste
tiot
would be impossible for
the letter.
Mr. GILES said a few words in reply. He did not require
the directors to repudiate engagements. actually entered
into, but to tie their hands in times of prosperity (which he
hopedp they would see again), in order that they might tiot
tL, led away by the flattering stat,tneuts of engineers, and
other interested parties, to undertake works which would
permanently prejudice their revenue. lie had no fear that
the directors would incur such expenditure in times of
adversity.
The CHAIRMAN thought it would be an unsatisfactory
mode of proceeding to passetich a resolution while there were
outstanding liabilities. In 1850, when the resolution referred
to was passed, an estimate of liabilities was made and a
margin allowed beyond it, and the capital account was closed
in that way. The directors had no wish to keep the capital
account open longer than was necessary, and he would sug-
gest that the meeting should he satisfied with the pledge be
had given, and which he now repeited, that no expenditure
of any moment should be incurred daring the half-year
without the consent of the eltareholders, and that by Feb-
ruary next they would propose a statement of all the
liahi-
lWes of the company, taking a margin beyond, as was
done in 1850; and then, when the actual figores were be-
fore them, of what the capital account actually was, if the
shareholders wished it, the directors would be prepared to
close the capital account.
Mr. GILES consented to accept this pledge, and withdrew
the resolution.
The CHAIRMAN then moved a resolution autbori,ing 11:e
directors to double the line between .Eversholt and Yeovil,.
the total expense of which he said would be £14,000, of
which £5,700 was provided for in the timber which would be
removed from another part of the line where it was not le-
quired, and which had already been paid for, and £3,187 in

Mr. SAKHR—W hat is the secretary's salary now ?
The CIiAIRMAN—L2,SOO.

Mr. AVERY, who spoke amid great interruption, cries of
"Sit down, we don't want you," and " Question," remarked
that the way to improvement was not to harp back upon
what was past, but to direct their attention to the future; to
confine the discussion to the affairs of the half-year they had
under consideration, and not to resort to former half-years
and former meetings. The management of the company was
in the hands of men of proved experience and integrity.
Oh.) He knew some of the members of the board, and
better men of business, better accountants than they were
he knew not in the country. (Fudge.) It might be fudge
In the opinion of those gentlemen who came to makii in-
dignant speeches, and who would not hear the other side of
the question. (Oh, and question.) He had never heard a
more kind or satisfactory statement made by the chairman
in moving the report. (soap.) It was essential they
should have men of honour and high character to manage
their affairs, and they had much more in the present direc-
tors and officers. (The meeting would hear no more, but a
perfect storm, accompanied by yells, cries of " rubbish,"
"fudge," and other exclamationS, got up.)
The CHAIRMAN appealed to the meeting to hear Mr.
Avery now as the best means of facilitating the business :of
the day.
Mr. AVERY proceeded for some time longer in the endea-
vour to make himself heard, but in vain, and
The Rev. Mr. NICHOLSON suggested that a policeman
should be sent for to keep the dissentients quiet.
Mr. AYERX again interrupted, and succeeded in saying