The Sun.
London, England, 1868-02-17 00:00:00

ATLANTIC TELEGRAPH.

A meeting of shareholders in this company in the
Bradford district was held on Friday at Bradford,
to hear from Mr. George Saward, the secretary of
the company, a statement with respect to the pro-
posed amalgamation between that company and
the Anglo-American Company.

Mr. 11. W. Ripley, President of the Bradford
Chamber, occupied the chair.

•
Mr. SAWARD made an elaborate statement, ad-
verting to the origin and history of the Atlantic
Telegraph Company, and also of the Anglo-Ameri-
can Company, and then describing the efforts made
in vain to effect an amalgamation of the two com-
panies. In answer to inquiries, Mr. Saward stated
the average daily gross earnings of the cables since
the commencement of the current year, in July, had
been £l,OlB, against the average daily earnings of
£915 during the previous year. Under the higher
tariff in November the number of messages was
2,332, and under the lower tariff in December the
number of messages was 3,901, and in January
4,749. The gross revenue since July was £205,303,
and, deducting 40 per cent., the meeting would
arrive at au approximate revenue to be divided
between the two companies.

Mr. J. ROBINSON, who commended the step
taken by the directors, moved a resolution, expres-
sive of full confidence in the directors of the At-
lantic Telegraph Company, and recommending
those shareholders who could not attend the meet-
ing of the Company on the 25th inst. to remit
their proxies to the directors before the 22d inst.
Mr. S. L. TEE seconded the motion, and, as a
shareholder in the Anglo-American Company, said
that a simple act of justice was involved in the course
proposed by the Atlantic Telegraph Company in
issuing a new preferential capital of 10 per cent.
per annum to enable them to recover possession and
management of their two submarine cables.
Mr. A. HARRIS, sen., moved a resolution, recom-
mending the shareholders to apply at once for the
new stock of the Atlantic Telegraph Company, so
as to secure the paying off the Anglo-American
Company, and to bring the affairs of the Atlantic
Telegraph Company under one management.

Mr. J. APPLEYARD seconded the motion.

Both resolutions were carried unanimously, and
the CHAIRMAN, who belonged to neither of the com-
panies, said that he was so satisfied with Mr.
Saward's statement, that he would, if allowed,
gladly take shares to the amount of £5,000.
Thanks were then presented to Mr. Sward for
his valuable statement and to the chairman for pre-
siding.

111 A RICE TS—( 2 his Day.)

COLONIAL AND FOREIGN PRODUCE.

Stress.—There is a firm tone in the market, and a steady
inquiry prevails for raw. In refined sugars a moderate
business is passing, and rates are firmer. Coffee.—The
demand is only moderate, but full rates are paid for de-
sirable qualities. Tea.—The market is not so active, but
late advanced rates are paid. Rica is in limited demand,
and steady in value. Oils are unaltered.
NEWGATE AND LEADEN HALL.

MEAT. - The dead meat trade is steady, and the market
closed at the following quotations :—Small sheep, 4s to
4s 4d ; heavy, 3s 8d to 4s ; ewe, 3s 4d to 3s Bd. Beef, 4s
to 48 2d ; middling, 3s 8d to 3s 10d ; cows, 3s 2d to 3s 6d.
Pigs, 3s 10d to 4s ; do. heavy, 3s 4d to 3s Bd. Veal, 4s 8d
to 5s per stone of 81b, by the carcase.

Potur.Y.- Supplies are of fair extent, and rates un-
altered. An arrival of Guinea fowls have gone off at 4s.
each.

WILD FOWL 13 in good supply at the previous currency.
EGGS rather more plentiful and easier in price. English,
11s ; French, lOs to 11s per 120.
METROPOLITAN CATTLE MARKET.

There were only moderate supplies of stock to-day, and
it was atttniptcd to realise higher prices, which had the
effect of retarding business; but for good qualities there
were ready buyers at late rates.

Of beasts there were 3,180, including 1,930 English, 570
Scotch, 150 Irish, and 520 foreign. _ .

Sales progressed steadily at—fully late rates, and in
some cases prime small beasts realised the turn more.
Of sheep there were 17,570, including 1,280 foreign.
The trade was more active, but prices can hardly be
quoted higher.
Veal sold readily. Sixty-six calves on sale, nearly all
foreign.

Pork sold steadily, at quotations. 460 pigs on sale.
Quotations—Beef, 3s to 48 id; mutton, 3s 4d to 5s 2d;
veal, 3s 4d co Gs; pork, 3s to 4s per stone of 81b., sinking
the offal.