The Sun.
London, England, 1859-01-12 00:00:00

310 Al Y MARKET AND CITY .NEWS.

SHARE MARKET.-( THIS DAY.)

FOREIGN

ORDINARY SHARES A

CITY, Two O'CLOCK.
Notwithstanding the large amount required for Si.
the Payment of loan instalments, and other engage- 12.10 Amberg., Noitirg. Bost.
melts connected with joint-stock enterprise, the
50
is
alip Eastdc7 ili unction
Money Market still exhibits indications of easiness 13.14 gr.,aosi., anda ti't'•.e'Vli:
Stosli Bisulti;eltiannnc., and Chesh.
and abundance. Since the disbursements at the end
of the year were provided for, the demand has r Blackburn
abated, which, together with the distribution of the Stosok HrtlolmllTExeeter
dividends at the Bank of England, has restored the Stock !!!'
()e
Chester
on ilannd Holyhead
market to the favourable position it exhibited during 50
CCork and Bandon
the autumn. Amidst the excitement caused by the 20 Cornwall
state of politics on the Continent, this favourable to Do. A
10 Do. A rcves. no div.
until6p.c.per an.
change has attracted comparatively little attention, B hasbeen pd.toß.
and it has altogether failed in giving support to the 50 Buunnl.Tearzttiuunnee:
!aloe of public securities, which, both in Paris and
..ztoct EFtssteArnnguarnties.
Ins, London, have undergone a serious depreciation. Stock Eastern Union A toc't
4ellld- affairs abroad continue unsettled, Stock
ro:Nwli. f('l t e . 11. iTtl°t. Stork
theo Contemplated loans for Russia, Sardinia, and Stock 1c
East Lancashire
ulerborrowing States, will necessarily be deferred,
20 East Suffolk
butunfavourable
as this relief would not compensate for the Stock Edinburg and Glasgow
hostilities,
effect that might be produced by Stock vodrintaelan,d!
jpuncroi ,
aestilities, it forms a very unimportant feature in Stock Furness y
Stocko
bills
with monetary prospects. First class Great Glasgow io&rtgool.tllelsatnnci
uills are now negotiable under the Bank of En g- Stockoe Grilnat 'isTnoritllltnoet
land minimum, and at the Stock Exchange loans Stock ' Do. do. B Stock
.I'e offered on extremely low terms, notwithstand- stork atr.esarlta:/eWrnstn.(lreld)
g the liuidation of the account in Consols, which Stock Do.Str.Vl.Rail Gua.S.k.
q l2 Irish South Eastern
has
made 'very satisfactory progress. 50 Lancaster and Carlisle.
Do. Thirds
Letters from Liverpool state that the Cotton 16134 Do. New Thirds
Marketi yesterday continued quiet, and prices were Stlo6ck haoncashLr.e &FY2ashi^e
"pressed. The• sales amounted to between 4,000 9 Do. do. 29 shares
n
!;'d 5,000 bales. The Railway Share Market 2O Do.o. 7oeuslpßoirdPig Union
.3 London and B
closed with a very dull appearance, and quotations 11.6.3
Do.Newiss.atlackw
2510sp.ell.sh,
Were considerably lower. Stock Lon.,Brighton &S.Coast
, A special meeting of the Netherlands Land En- stle2ck boon. rin,lNlsorth Westn'
T)811re Company took place today for considering Stock Ilmdon&&Suth-westn.
the new agreement made with the Dutch Govern- 25
:,'derro
& Enniskillen.Coleal.
itent• Mr. Bidder took the chair. The company Stock `vial., Pf 2
10 Metropolitanb. & Linp3ln-
'B relieved by this compact from all further prose- Stock Noimpind .
ng & Derby.
cationlvh . of the canal works, and other liabilities, by 50 Mid. Gt. 'Wes' West. (Ireland)
'eh £200,000 would be saved to the shareholders. 12 Do. 5 Sharesnd Carlisle.
some allusion was made by Mr. Borradaile to the 25 New., Ar., & Hefd.
past misfortunes and gloomy future of the corn- g Newry & beArmagh (dreef.)
Newry, Warpt., & Ros
Pally, but the report was adopted. Stock Norfolk
50 North. Counties Union
I._ The markets for Stocks and Shares are still kept 1' isl...
Stock NOoraeßvrlali.ALDk. Stk.
;I', an unsettled state, owing to the fluctuations on Stock Do. A. Stk.— Arec.no div.
=irhakbeenpdß
the Paris Bourse and the continued excitement Stock Do. until
resultingte from the unfavourable position of political S t2osck NorotdliniEGarc.
rßerrilcst
Quotations
At the commencement of business the Stock Do. Leeds
sequence
showed increased depression in con- Stockee t3ooitllr.okndon
10 N.a&rnstyn,nlelmnpstd
yautenee of the decline on the Paris Bourse
ce:44Y, which at the close exceeded 2 per 20 North Stlffordshire
which A few purchases were then effected, 10 N. th
No. &-SWoues.V.n.Junction
the led to a temporary recovery, and if s trock ?ex:ill; Wor.,& Wolver
more
telegram froth the Bourse had reported 20 Portsmouth
ass: 'firmness the Funds would have, no doubt, Stock tollitis:YCentral
eent!Qed a buoyant appearance. A fresh fall of 50 roc/ two.t4loslttilAmba.. rott
one o'clock,
however, was announced shortly after Stock Shropshire Union
ensued- The quotations of all classes of securities Stockoc gonungtil.aatesrn
80 have receded, and sales have been pressed to 20 Sputhllorks.&Riv.Dun.
Wok., & Wok
to'3:l9e extent. Consols for money, after declining 20 yta:ineas,
4a I, have recovered to 941 95: For the ac- 2255 Stocktondn &Ipsltri ingt 0 q .
count they rallied from 941 Ito 951 owing to 25 Do. do. 1855
taoicrk4oaille & Hartlepool
'llVeStMellts by a large joint stock bank, St—ock 1'
butßank
they have since reacted to 95 and 95k. stock2s Do. Preference, No. 1
."9nok Stock i 5.226 to 227. The New Threes are Stock Vaiemoefs
11TeaavtennDk&Rall
1‘,.-} t, and the Reduced Annuities, 951 1. The Stock ratteerrfino;(l && Ililkexei
arch Exchequer Bills, 40s. to 435., prem. ; June 20
West Cornwall '
.ditto, 38s. to 435. prem. ; and the Bonds receded to 2 Iv, Jr Lon.jrm v.t.
nCorcirivl2li
1_901.• India Stock is marked 2221 to 2241; and 5
D 7 pi. has been pd. to B
ditto Loan Debentures, 991. Long Annuities 20 west London
arc 181.
20 Do. 2d Class
Businesi in the Foreign Stock Market continues
quiet, and prices are depressed. Turkish 6 per
Cents. are 89,1- I ; ditto Scrip, Ist issue, 801 t;
ditto, 2d issue, 5 to 41 dis. ; Brazilian 41 per Blythe and Tyne 1C per
c. pref. (issued at 250)
Cents. have receded to 94 to 941, ; Buenos Ayres' 2 Bris. & Exet4p.ctStock
to 83 ex div. ; Mexican, to 191 ; Portuguese, to Stock Paoi edd?; „doi i, :I Sh_., peser cent
46i ; Russian 41 per Cents., to 991; Sardinian, to 12.10ek 14:.e4fieuer. Shares, No. 2.
851 to 87 ; Spanish Passive, to 91 ; and Vene- Stock I&rii,:lo& lia3iir
Cheater & Holyhd, 55 pc
on, 55 Ix c.
zuelan 5 per Cents. to 43. Peruvian 41 per Cents. a Dun. Perth,& Aber.Jun.
Stock E.Angn. Class A 7,k spc
are 'steady, at 91. Stock Do. do. Class B 6 pc
C 7 pc.....
The Railway Share Market to-day has again stock
Do.
octcdoou.nc. Class
Ex. 5
pi.,.i.n i
exhibited ' •
some important variation, the increased .§,_oe.
I,'
0, e'c.°o:lew 6 per et. S-foco'll
depression in the English Stock Market, with the Stock Eastern Union, 4 per et.
!rangement now in progress for the settlement of, stcs.ck Fast T.
E.& iFaleo'rt PJecrnetfifths
f:theu account, having exercised a prejudicial in- Noel titnnleTVgnshrrices
about
upon prices. . The average decline was Stock Furness, 5 per cent
out 1- to 1 per cent. Caledonian, Eastern- Stocktcc re:AV-Tan: 1.135.Pc:
Counties, Great-Western, Lancashire and York- Stock Boo: 5441.r..ee.ddmn:,pap.c.pm
shire, Brighton, North-Western, South-Wes- leo Do.sp.c. Redm.,s pc. pm.
ter 10 Gt. Nh. of Scotld, Ist pt.
11, North - British, and South - Eastern, ( Gt. Sn.& W (Irelana) 4
ha • Stock i p. ct. pref. Stock ...
:slng each declined about 10s., and Great
Northern 15s. The Foreign lines are also at reduced 50 ',mat West. (Berks and
Hants) Ext. 5 p.ct....1
valuesßedeemable, 45 p ct.,l
Lombardo-Venetian have receded to par, Stockoc goo: eemable 4p. ct.l
and the New Shares to 1 dis. to par. Northern of Stock Do. Irredeemable, d 0...1
France 'tock Do. sp. et. Redeem. Pref.
floe have declined 10s. In the Colonial Markel 8 Do. Birm. Pref. Shares
48t I - • 10 Gt. West. Ches. 8 p.c.pf

Railways.

Share

Mines.

hi,ave declined 10s. ; Great Indian
and Grand Trunk of Canada, ss.
t SI
o 1 ,1 1 peninsula,i i .
r Joint Stock Bank Shares have been in limited
:cif Eue:L,, b,nd also show a slight depreciation ; Bank El
receded 55., and Ottoman Bank, 10s.
In the §
le —lscellaneous Market there is little varia-
tion to report;

BRITISH. FUNDS—CLOSING PRICES.
Bank Stock 1226 7
(. Per Cent. Reduced Annuities 951 1 t
IlDer Cent. Consols Annuities
"014' 3 per Cent. Annuities
—",llg Annuities, expire sth Jan., 1860 —
Ditto 30 Years, expire sth Apr., 1885 lBl
India Stock
/3itto Debentures
Ditto Bonds- £l,000
Ditto under £l,000
Consols for Account 95 41 5a

March June.
RXchequer Bills, £l,OOO, 2d. & 11d.. .. 40 1 I 39
Ditto 1500 -40
Ditto Small, lid
xellequer Bonds, 1859, 31 per Cent .... 100 i
FOREIGN FUNDS--CLOSING PRICES.
Brazilian 5 per Cent.
, Ditto 1858, 41 per Cent. ' 94 /
I°..lleenes Ayres, 6 per Cent. .• 83 x d
;`,..4 xican 3 per Cent
t'eruvian 41 per Cent , 9l
?oDitto (Uribarren), 41 per Cent.
itusrta.gnese 1853, 3 per Cent.
t Ditto 44
1822, £ St., 5 per Cent...
'4l per Cent.
99 1
Sardinian,
5 per Cent B6 7 51 6/
Spanish 3 per Cent . - 43/
Ditto Deferred
r Cent.
Ditto Passive
TuDrkititeohN6epwe 91
Loan Scrip Bok k / 81 9
80/
ltd
Ditto 2d Issue
Ditto Guaranteed, 4 per Cent.
„,,
v etiezuela, 5 per Cent.
Dividends on the above payable in London.
THREE O'CLOCK.

Consols, Money 94
Consols for Account, Feb. 8 9

THIS DAI'S SHIPPING.

LONDON', Jan. 12.—Wind this day at noon W. ;
moderate breeze and cloudy.
GALWAY, Jan. 10.—Arrived—Duchess of Sutherland,
from Callao.
OFF FALMOUTH, Jan. 11.—Arrived—Laga, from Rio
Janeiro, for Gothenburg.
PLYMOUTH, Jan. 11.—Wind W.—Sailed—H M.S.
Liffey, for Eastward.
OFF DOVER, Jan. 9.—Arrived—Cassandria, from Am-
sterdam, for St. Thomas.
CO OFF DARTMOUTH, Jan. 11.—Arrived—Excelsior, from
CARDIFF Jan. 11 W. d W.-Sailed—Conciliator, for
liavuanna
Auoss' Ax,an.:ju
6—.—SailedOrso, for New Orleans.
SCILLY Jan. 10.—Wind S.E., light.—Arrived—Bena-
chi°, from Lavanilla, with master and part of craw sick.
PouTsmouTll, Jan. 10.—The Harriet, of Brixham,
which Was in collision with the steamship New York, of
remelt has been towed into this port to-day with loss of
BPritsalf yard, covering board and planks split, and
rth decks and hulls started on both sides, and severe
axaage to spars and rigging.

(BY ELECTRIC TELEGRAPH
SOUTHAMPTON, Wednesday Morning.
Wind N.W.
Arrived—Henderson and Betty, from Cardiff, Teviot;
earner,4, from Alexandria; Havre, steamer, from Havre ;
Duke of Cornwall, steamer, from Dublin. Clara Mechanic's
Moslem, Vectis, Wanderer, Susannah, and Vigilance,
.rom Newport.
1, sailed—Cornelia, steamer, for Gibraltar • Lo Coq, and
tendon,
for Carentan ; Duke of Cornwall,' steamer, for

LIVERPOOL, Wednesday Morning.
WA bid W.N.W.
Butt ivel—Spy, from Lagos; Joseph Bushby, from Cal-
; Cassiopea, from Mauritius; Maria Caminha, from
Charlode, from Olhas ; Claus, from Abbeville ;
°tame, from Rouen.

(BY SUBMARINE AND BRITISH TELEGRAPH.)
Wind GRAVESEND, Wednesday Morning.
Berri westerly ; tide half ebb ; weather light and fine.
rrsa:eci ,4 Jan. 12—Belgium, steamer, from Ostend.
for IP—Holland, steamer, for Ostend Albion, steamer,

Morning.
wind • Wednesday
W.N.W. ; moderate.
EAL,
Anchor
*-- ed—Lelio, front *London, for Nassau; Jane Eliza,
Ip. London, for Rouen.
84sed in tow—Arabia, from London, for Liverpool.

Share! Railways. I raid.' Closing I Business
Price. Done.

LAW INTBILIGENCE.-( THIS _DAY.)

COURT OF CHANCERY.
(Before the Lord Chancellor.)
IN RE SPENCE.-PETITION FOR PATENT

This was a petition for a patent for the manufacture of
tin plates into steel, &c.
The Lord Chancellor granted the prayer of the petition,
allowing the patent to pass the Great Seal, and allowed a
month to prepare the specification.

(Before the Lords Justices.)
GREENWOOD V. dEMMET.—AEPEAL,

This was an appeal from a decision of the Master of the
Rolls, finding that, according to the ordinary interpretation
of the language used in the testator's will, directing £2,000,
in four parts, to be paid out of the residue of his property,
meant the residue of his own personal property, exclusive
of the personal property derived by him from his sister.
Lord Justice. Knight Bruce, in delivering judgment,
observed that the arguments in this case for the plaintiff
and defendant were so equally and nicely balanced that if
the Master of the Rolls had not settled the interpretation
of this, clause in the will, his lordship would have had some
difficulty in determining it, but the Master of the Rolls has
rightly settled it, and his decision ought not to be disturbed.
His lordship could • not say he would not have follwod the
Master of the Rolls if he had come to an opposite conclu-
sion, the construction was so difficult and intricate.
Lord Justice Turner entirely concurred in the decision of
the Master of the Rolls.
The appeal was dismissed with costs.

ROLLS COURT.

(Before the Master of the Rolls, Sir John Romilly.)

SWINFEN V. SWINFEN.---IMPORTANT WILL CAUSE,
His Honour the Master of the Rolls delivered judgment
in this much-contested will cause this morning.

It will be remembered that this cause was tried some
time since at the assizes, and, after a long and much con-
tested trial, which e4tended over several days, the jury
returned a verdict for the defendant. The cause now came
before his honour on the plaintiff's motion for a new trial,
on the ground that the verdict was contrary to evidence.

His Honour the Master of the Rolls on taking a re-
trospective view of the facts of this case, and particularly
attending to the evidence of the attesting witnesses to the
mlll and the testimony of Dr. Evans, and considering the
high character and credibility of the defendant's witnesses,
who spoke to the capacity and ability of the testator to
make a will at the time the will was made and signed by
him, his Honour was of opinion that there was sufficient
evidence to support the verdict of the jury, and that the
verdict returned by the jury at the trial was a proper and
right verdict, and ought not to be set aside.
The plaintiff, who asked to set aside the will, is the heir-
at-law of the testator ; and the defendant, in whose favour
the will is made, is the widow of his son.

The Master of the Rolls refused the motion, with costs.

COURT OF QUEEN'S BENCH.

:Before Lord Campbell and Justices Hill and Wightman.)

MORTIMER V. SOUTH WALES RAILWAY,

Mr. Grove, Q.C., moved fora rule for a now trial in this
case, in which it was alleged that, in consequence of certain
excavations made by the said railway company, the plain-
tiff's property had been greatly injurnd. The plaintiff was
the proprietor of a tan-yard, into which two streams of
water originally ran ; but, in consequence of certain cut-
tings, the water of one or both of the streams had been
diverted and in part dried up, and the consequence was the
property of Mr. Mortimer had been greatly injured.
Mr. Lush followed on the same side, and had not con-
cluded his arguments when our report left.

BAIL COURT.
PEARSE V. MASTERS.

The Court was occupied the whole of the morning in
hearing this cause, which was an action on the warranty
of a horse. The case was of the usual description, and
totally uninteresting except to the parties concerned.

COURT OF COMMON PLEAS.

MEETING THIS DAY,

Before the Lord Chief Justice, Sir A. Cockburn, and
Justices Williams, Willis, and Bramwell.)
THE EARL OF SHREWSBURY V. SCOTT.

Mr. Sergeant Shee made an application on the part of the
defendant for the postponement of the motion for a new
trial. It was a case of great importance, and his learned
friend was anxious to be present when the motion was
made. It had not yet been decided whether it should be
taken as a special case, but he felt bound to say that he
should enter at considerable length into the whole of the
details, as he should contend the plaintiff had no right to
recover.
After a few observations from the Lord Chief Justice, it
was arranged that the motion should be heard on Friday
week.

MEETING THIS DAY.

THE SUN, LONDON, WEDNESDAY EVENING, 3AikTETARY 12, 1850,

ROYAL DRAMATIC COLLI:G.E.

UNION BANK OF LONDON.

A meeting of the subscribers to the Royal Dramatic Col-
lege was held to-day at the new Adelphi Theatre.

Among those present we observed Lord W. Lennox, Lord
Raynham, Sir G. Armytage, Sir W. De Bathe, the Rev. E.
Moore, Mr. Shepherd, Mr. Sams, Mr. H. Day, Mr. Oxen-
ford, Mr. Keeley, Mr. A. C. 'Billing, Mr. J. Johnston, Mr.
Nelson Lee, Mr. Paul Bedford, Mr. Hermann Vezin, Mr..
Theodore Martin, Mr. Ledger, Mr. R. Bell, Mr. Arco-
deckne, Mr. Creswick, Mr. B. Webster, Mr. Widdicombe,
Mr. S. Smith, Mr. John Cooper, Mr. T. P. Cooke, Dr. Roe,
Mr. W. Wilmott, Mr. AnSon, &e.

The chair was occupied by Lord TENTEILDEN.
It will be recollected that a meeting was held en the
21st of July last, at the Princess's Theatre, when a pro-
visional committee presented a report stating—
" The Dramatic College you arc this day called upon
to establish, and which the provisional committee feel
assured will soon take its place amongst the permanent
charitable institutions for which England is remarkable,
will owe its formation chiefly to a gentleman who has
placed at your disposal five acres of land, beautifully
situated, with no other condition than that you shall this
day give evidence of your desire to provide homes for those
actors and actresses who are no longer able to provide for
themselves, and whose aching limbs and wearied minds
have earned the reward now proposed for them. Thenamo
of that gentleman is withheld, in conformity with his own
request ; but the committee are assured by his solicitor, Mr.
Macphail, that he only waits your appointment of trustees
to make an unconditional conveyance of the land."
It was stated to Mr. Charles Kean that Mr. Dodd, the

eminent dust contractor, was the gentleman who was ready
to make the magnificent gift as soon as a provisional com-
mittee was appointed to receive it. That committee was
duly appointed, and Mr. Charles Kean, Mr. Dickens, Mr,
Benjamin Webster, and Mr. Thackeray were nominated as
the parties to whom five acres of land were to be made
over ; but a delay arose in the transfer, on account
of the committee and Mr. Dodd not being able
to agree upon the conditions that were to accompany the
gift. A long correspondence arose, which resulted
in the committee breaking off all communication with Mr.
Dodd, who, it was stated, had so hampered his proposed
gift with conditions, that the committee refused to accept
it. Several other gentlemen had offered to convey the ne-
cessary land to the committee Without any conditions, and
the present meeting was called to consider those proposi-
tions. The most advantageous offer was that of a gentleman
named Moore, who had offered seven acres of land at Ger-
rard's-cross, a short distance from Stoke Pogis.
The whole of the voluminous correspondence between the
parties having been read,
. _

The CHAIRMAN, in opening the business of the day
stated the above facts, and called upon Mr. Robert Bell to
move the first resolution.

Mr. BELL, in doing so, said the resolution he had to
move was simply that the proceedings of the provisional
committee be approved, and the report just read be adopted.
He thought that all present would agree that the committee
had acted very properly, and in saying one word with respect to
Mr. Dodd, he would only say that it was much to be regretted
that so much valuable time had been spent so uselessly, and
in parting with that gentleman the committee do so in no
feelings of acerbity, but those of respect.
Sir GEORGE ARMYTAGE seconded the resolution, which
was carried unanimously.

Mr. B. WEBSTER moved the second resolution, which
was that the best thanks of this meeting be given to the
Rev. Mr. Moore, and the London Necropolis Com- ,
pany, for their offers of land for the purposes of the college.
He said it had been part of his duty to visit the two sites
offered for the college, and anything more beautiful he had
never seen. (Hear, hear.) Much as the proceedings of
Mr. Dodd might be regretted, his loss, as far as the land
for the proposed college was concerned, was a positive gain.
(Hear, hear.) Instead of live acres, Mr Moore had offered
seven. (Cheers.) And the liberality of that gentleman ex-
tended so far,, that he actually offered him (Mr. Webster)
the opportunity of picking the land. If the meeting that day
determined which of the two sites they would accept, the
committee would be in a position to commence building
operations immediately, which they would not have been
enabled to do, even if they had accepted Mr. Dodd's land,
for by the law of mortmain they would have been com-
pelled to have been in possession twelve months before
they could have laid a single brick. Everything
since Mr. Dodd's refusal had improved the funds,
and offers of aid had flowed in without end ; and he hoped
that in a very short time the Royal Dramatic College would
become a reality, and be ranked with those benevolent in-
stitutions which were the pride of England. (Loud cheers.)
The resolution, having been seconded, was carried unani-
mously.

Resolutions accepting the offer of Mr. Moore were passed
amid loud cheers, and the proceedings terminated with a
vote of thanks to the chairman.

The following report was presented to• the meet-
ing of the Union Bank of London, held todaytoday:—
"The directors have the pleasure of laying before the
proprietors tke accounts of the Bank for the last half-year,
ending 31st December. It ;will be seen by the balance-
sheet appended to this report that, notwithstanding the low
value of money which has prevailed, the profits of the Bank,
after payment of all charges, and including the sum of
£7,495 Bs. 7d., brought forward on the 30th Juno last,
amount to £67,540 12s. sd. The directors now declare a
dividend for the last six months, at the rate of 10 per cent.
per annum, and a bonus of 2i per cent. on the paid-up
capital, being together at the rate of 15 per cent. per annum,
clear of income tax. After payment of the above, amount-
ing to £45,000, there will remain a balance of £22,540: 12s.
sd. to be carried forward for appropriation at the end of the
financial year, in July next."

Dr. LIABILITIES
Paid-up capital, £lO per share on 60,000
shares ...
Due by the Bank on current accounts,
deposit receipts (including interest ac-
crued), circular notes, &c 10,146,366 12
Reserved fund, invested in Consols and
New Three per. Cents., as per contra

£600,000 0 0

165,000 0 0

£10,911,365 12 11
81,212 1 2

£10,991,577 14 1