The Sun.
London, England, 1850-02-26 00:00:00

Tlin SC NT,

completing the line of railway to the East and West India
docks to Black wall, at a price below the engineer's esti-
mate. The eff,rts of the directors to enforce payments
of Ils had met with little susses. Those
arrears ed. to 27,3101. on 693 shares, upon
which 7,340 have been paid. The necessary
not ces had been given f)r the forfeiture of
460 of those shares, upon which 3,8501. had been paid.
The Bill now before Parliament would show that the
necessary st.-ps were being taken to obtain legislative
sanction for leasing the line to the London and North
Western Company. One of the dirctort, Mr. Robert
Cotesworth having resigned, Mr. Edward Maxwell
Daniell had been elected in his room. The directors
who went out of office by rotat'on were Mr. Creed, Mr.
Hibbert, Mr. Kelsall, and Mr. Thomas, and with the ex-
ception of Mr. Kelsall, they offered themselves for re-
election. Mr. Sweetland, the auditor, who also went
out of office, was eligible for re-election.'
The total receipts from the commencement of the
undertaking t the 31st December last, atnounttd to
627,677/. 19s. 3d., and tne expenditure to 622,368/.
leaving a balance of 5,3091. 16.. 10d. The engineer's
report stated that the partion if the line between the
North-Western Railway and the City might be finished
ready fur opening in the present spring. The salts for
the different station, had teen fixed, and ►he buildings
were now in the course of erection. The sudden fid-
ing in of seven of the arches of the viaduct, at Camden-
to sn, in Nose liber last, occasioned much anxiety. The
searching inquiry then made, proved that the accident
was to be attributed, solely to the peculiar character of
the soil of the district, and could not, by any possibility,
have been guarde I against. This conclusion was
confirmed by the opinion of the engineer of the
London and North-Western Railway, who was
requested to examine the works and report on
the subject. lie stated that the design was
most judiciously arranged, that the materials were 0!
every description most excellent, the workmanship un-
exceptionable, and that the occurrence was a casualty
which no foresight could have prevented. In conclu-
sion, he states, that " the loss falls on the contractor,
which is to be regretted, as the works have evidently
been constructed with much care and honesty!: I.
In reply to a question, the engineer (Mr. MARTIN)
stated that 130,000/. would be required to complete the
works remaining to be executed on the 31st of Decem-
ber last. The coml•azy was in the possession of surplus
land, which was valued at between 150,0001. to 170,0001.
After a brief discussion, the report was received and
adopted, and the retiring directors and the ,:retiring
auditor re-elected.

Thu proprietors then resolved themselves into a spe-
cial general meeting to consider a draft Bill intended to
e promoted in Parliament during the pre:.ent session.
The Somerroit rt ail the heads of tie Bill which is t
enable the compiny to make and maintain certain branch
lines, to amend the former Act, and to authorise the
1 aieing of their undertaking to the Nurth-Western
Company, to create additional stock, and for other pur-
poses.
_ .

In reply to a suggestion from a PROPRIETOIt that the
North-Western Company would be enabled by their
shalt( s to swamp the votes of the other proprietors when
they wisbel t carry any proposition,
Mr. THOMAS, a director, sad it was provided in the
Bill that each proprietor who held no more than twenty
shares was to have a vote for each share, but larger
holders wer.. only to have one vote fJr five shares; and
as twenty shares was about the average number gene-
rally held, it was calculated that the proprietors would
have 2,000 votes, whilst the North Western Company
would only have about 1,600.
The Bill, with the exception of the clause giving gua-
ranteed interest upon the additional stock to be created,
was than agr,ed to; and after a vote of thanks to the
Chairman, the meeting separat(d.

THE LONDON GAZEVIE.

(THIS EVENING.)

BANKRUPTS.

Abraham Wheeler, cabinetmaker, Buckingham, to
surrender March 12, st half-past eleven, and April 11,
at onr, at the Court of Bankruptcy. Johnson, official
2,anignev, Basinghall-stret t ; Shuckburgh Risky,
Diught) -street, Ilecklenburgh-square.
James Starkey, carpenter, Old-street, St. Luke's,
Merck 12, at two, and April 16, at eleven, at the Court
of Bankruptcy. Edwards, official assignee, Sambrook-
coin t, strcw; Hine and Robinson, Charter-
house•square.
Charles Joseph Carltar, solicitor, Greenwich, March
12, at twelve, and March 26, at eleven, at the Court of
Bankruptcy. Stansfeld, official assignee. Nias, Cop.
thall-court, Throgmorten-street.
John Berryhill Cross, watch maker, Cornhill, March
16, at one, and April 13, at eleven, at the Court of Bank-
ruptcy. Johnson, official assignee, Basinghall street;
Kemp, Henrietta-street, Covent-garde n.
John Dale Woodcock, calenderer, March 12, at
twelve, and April 9, at eleven, at the Leeds District
Court. [lope, official assignee, Leeds; Middleton:
Leeds.

George Matthews, pianoforte seller, Monmouth,
March 12, and April 8, at eleven, at the Bristol District
Court. Acraman, official assignee, Bristol ; Nicholas,
Monmouth; Bevan, Bristol.
Louis Bernard Chetfin, bookseller, Bristol, March 12
and April 9, at cicren, at the Bristol District Court.
Miller, official assignee, Bristol; Strangways, King's-
road, Gray's Inn; Whittington and Gribb!e, Bristol.

MARKET INTELLIGENCE.
(From the London New Price Current, Feb. 26.)

Stlo.in —Ti:-Jay the market for West India Sugar
pre:sewn 1 a mole active appearance, holders were less
disposed to realise, and at former rates a fair business was
coreluded. The business amounted to 620 hhds.. &c., in-
cluding Lt auction 133 hhds 8 trcs BarbadoeF, which sold.
freely at 61 pc.r cwt advance;. fine yellow realised 41s to
42', and other s its 381 to 40s to 25 ',lids 75 trcs Deme-
rara, crystal'zad, went at full terms; ord and mid yellow
38s 6d to 41s 61, and good brown 37s per cwt.
RL FINED.—To• day home dealers made purchases with
more freedom in Refined Sugar, but tet er prices could
not be obtained. Saes of brown Lumi s were made at
48s per cwt, and fair to good grocery 48s 6d to 51s.
The mark( t is stiil in a dull state for Bonded Crushed
Sugar at 29s 6d to 30e 641, and there are free sellers.
MAURITIUS —This afternoon the quantity of Maori-
tins Sugar submitted to public sale amount 'd to 6,000
bags. There was a more active demand, and the whole
sold at fully firmer rates; yellow went at 37s to 39s 6d,
low :16s to 37s Gd, mid to good brown 32s to 34r, fine
34s Gd to 35s 6:1, inferior 30r to 31s, and eery loud 26s
to 274 6d per ewt
EAST INDIA.—This afternoon there was a better de-
mand far Bengal Sugar ; the parcels offered at public
sale amounted to 4,620 bags, and nearly all sold at
steady rates ; white
.Benares at 38s to 404 61, lice 41s
to 424, yellow, I ke Mauritius, 35s 6d to 37s 6d, ord 34s
to 355, ,and fine strong 3ellow 44s 6d to 45s 6d. Of
Madras 928 bags were disposed of at the full value of
soft brown at 29; to 30s 6d, and yellow 31s to 33: 6d
per cwt.
FOREIGN.—To-'ay there was no public sale of foreign
Sugar, but by private treaty rather more business was
concluded et the former value, and holders display
flumes,. Of yellow Huvannah about 5,000 chests have
been sold on the spot at 20s 3d to 204 6d, in bond, a
carge of 5,000 bags brown Bernams 18s 9d, and 400
chests str( ng white Bahia 23s 3d per cwr.
MoLAssEs.—Prices tend downwards for West India,
and operati,ns have been small in all sorts by private
treaty. Of Demerara 150 puns sold at 153 to 153 6d.
At auction 90 puns Trinidad were tak(•n in at 13s 6d,
and 91 puns Dem( Tara at 16s. East India Treacle is
to be obtained at 126 6d to 14s.

Cocos—To-d,y Foreign Cccoa met with little atten-
tion, and at public sale 971 bags Guayaqui wore all
taken in at 30s to 32s fur Grey, which are lower rates.
TEA.—Thf re has b2en little desire evinced to operate
in common Congou since our last report, still holders are
film and r.,quire 941 to 10e1 per lb, whilst several fresh
shipping orde: a are expected. Other sorts have been in
good demand, and prices are fully as high as on this
thy week, hut middling and middling rather strong
selling at 10ii to I Id, blackish leap is Id to Is 3d,
strong blackish leaf is 3d to Is 5,1 ditto and Pekoe
flavor is 5d to Is 9d per lb. For Hyson and Young
Hyson the market became dull, and prices have fallen
Id to 2d; still other sorts of green have been in good de-
mand at luli terms. Twankay met with much attention
fur exportation chisfly for Canada, and there are no sel-
lers under 9J. Scented Caper has been purchased with
caution at Is 21, and good to Is 7d, but in scented
Orange Pekoe a good deal has been dune at Ild to is
2d, and good Is 3d to 3s 3d.

CoiFiF.—This afternoon there was no improvement
in the Coffee market, and both shippers and home dealers
operated with much caution, whilst the downward ten-
dency continurs. At public sale 53 casks 946 bags
Ceylon were offered ! Native was taken in at 59s
6,1 to 60s for good ord, whilst a few lots damaged sold
at 54s to 56s : of the Plantation a part only found buy-
ers at rather lower rates ; good ord at 56s 6d to 58a
6d, fine and fine fine ordinary 61s to 655, middling
68s, and triage 52a 6d to 583. the better sorts
were taken in at 70s to 80s. Mocha 150 bales
were in part sold, fine at 80s 6d, mid 70s, low mid
663, damaged and triage 37s to 665; but 116 bags Madras
Nj ere taken in at 565, and the sound of 305 bags Padang
at 48s, damaged sold at 39s 6d to 40s 6d, which are
lower rates. Of Native Ceylon 2,000 bags were disposed
of ft r arrival at 58s per cwt for good ordinary.
SPICES.—Tc -Jay Cloves met with more attention, and
at public sale 174 bags of Bourbon all sold at 7id to 811
for bold; likewiso 198 cases Bengal Ginger, at 51s to 55s
for small cultivated sortr.
DlCE.—There has again been much dams in tho
market fyr East India. At public sale a part only of
t4o,lo9osba6gds, m
founadLrbansy:Brso;mlobwayaLdrtmid ,
8s to 8
white
3e6tid, galan9ds
gocd pit key white 9a to 9s 6J; the value
C(4.1) agaeoddillate"ci onfitneucswhin exciteßeil
to tine 191 t) 18', broken 10i to 113 0, town dressed
nengtai demand,isi °l)atn to
s, 11(.1:
Carolina 22s to 06., and American 193 tiu to 21e. 0'
Sago :he quantity &red at public sale hrs been large,
and amounted to 1'230 casts, but a part only sold at from
21s 6 to 2.1+ 6,1 for low to fine purl. To-day at pi.blic
sale 150 b xes I'eari Sago were all taken in at 23s 6d to
24s per ca,-.

SPIRITS —L eward Island Rum Law been sold at Is 5d
to ls ;id proof, and at Is 6d for fine broa n. East India
Is 4'l to Is 5d proof. Of Demerara, sere ral parcels have
been eold at from 21 3d to 2s 7d for 30 to 40 per cent
over proof Jamaica 901029 per ceut over proof, from 23 4d
;0 ad, 30 to 36 over 2,9 d to 3; sd, fine and choice marks
3,6 d to 4* 3d. In Brandy opet ation3 have been upon a
mon c xt.-ta!ed 'rho value of Cognac', best brands
of the vintale f 1848, is 4s 7d to 4a 9J, 1847 do 5s 2d
to 5s 4d, inferior scrts 2s 8d to 4s 2d, and Bordeiux
3s 6d to 2s 8d per gall,m. Geneva is 9d to is 10d, mid
fine 2. 3d to 3s 3d. British made Spirit 93 6d net cash.
SAM PETRE.—To-day there was a good demand, and
at public saLs 821 bags Calcutta sold at full rates, refrac-

L NDO N,

lion 54 to 2 per cent. realised 27s 61 to 28s 6d, and 12
to 81 ditto 26s per cwt.
COCHINEAL.—To-day there was little desire evinced
to operate in Cochineal. At public sale not above half
of 150 bags sold at Id to 2d decline. Honduras silvers
went at from 3s 10 to 4s 53, Bla:k 4s Id to 4s 9d,
Mexican 3s lid to 4a ld, and silvers 3s 10d to 3s Ild
per lb.
OlLS.—There has been a further increase in the de-
mand for Cod Oil, and higher rates hive been paid, sales
having been made at 321 103 to 331 per tun. Seal, pale
at 381 to 381 10e, straw and tinged 34/ to 37/,
yellow and brown 311 to 331 10s. Whale Oil
met with a more active sale. At auction 30
tuns went at from 32/ 5s to 341, for middling to fine,
and 50 tuns of Sea Elephant Oil 32/ to 331 10s. Sperm
821 to 82/ 103 for Colonial. Of Ground Nut Gil 34 hhds
were takne in at 41s 9d. There is firmness in the
malket for Linseed Oil, whilst the rates paid have been
32s 3d to 321 6d on the spot. A fair quantity
has been sold for delivery, and the market is
firm at 32s 6d to 335. Rape Oil met with
little attention, and a desire is evinoed to sell,
pale at 41s, brown 40s, Foreign Seined 43s to 445, and
brown 425. Palm, salts of good and fine have been
made at 31s 6d to 32s 6d. Cocoa Nut, at auction 200
casks wire taken in at 33s t) 365, and ordinary 31s 63
to 325. Fur Olive there are sell rs of Spanish and
Gallipoli at 491 t. 501. Barbary, Lev Ant, and Portugal
471 to 581 per tun.
TALLOW.—The value of fine P.Y. Candle is 36s 3d t
36s 93 per cwt. For Delivery in the last three months
of the yi ar only limited sales have been made, although
a desire is evinc.‘d to accept 38s to 38. 6d. Home
melted has been operat•cl in vi ith caution
and prime malted is to to obtained at 36s to
36s 6d for cash. Ff other sorts of Tallow there nas
been an abundant supply, and reduced rates are sub-
m't•ed to. At public sale 70 casks Petersburg Soap were
taken in at 33s 63, 50 cks Taganrog at 35s 63, 183 cks
Odessa 35s to 36., 1,130 casks Sydney only in part
fonnd buyers, good and fine 35s to 36s 6d, low a. d
middling 33s to 34s 9d ; 1,000 pkgs South American,
good and fine 34s 6d to 36s 3d, and inferior 31s to
54s 3d per cwt. For auction on Friday 2,000 pkgs of
Tallow are declared. Rough Fat is 2id per stone of Blbs

IMPERIAL PARLIAMENT,
(THIS EVENING.)

HOUSE OF LORDS.

The LORD CHANCELLOR took his seat on the Woo
sack at Five o'clock.

Lord BROUGHAM presented a petition from an in-
dividuil praying to be permitted to sue for a divo►ce
Bill in forma pauperis. He thought that some altera-
tion ought to take place in the present system, so as to
afford to the poor a remedy as well as to the rich.
The NOBLE and LEARNED LORD also presented a
petition from the Chamber of Commerce in some
town in Scotland in favour of the Bill for
amending the Scotch law of distress; also a petition
from Northampton in favour of the extension of the
jurisdiction of the county courts; and a petition from
the tenant-farmers of Tyrone in favour of an alteration
in the grand jury law in Ireland.
AGRICULTURAL DISTRESS.

The Earl of MALMESBURY wished to draw the
attention of the Noble Marquis t) the state of the agri-
cultural population of the parish of Leamington, in Wilts.
The farmers had determined to reduce the wages of the
labourers to 6s. a week ; in consequence, the labourers
riotously assembled, one of them was captured and after-
wards rescued, and several riotous proceedings took
place. He could not blame the farmers for making the
reduction of wages to 6s. a week, as it was only infliet:ng
on the labourer his fair share of the loss accruing from
the r( duced price of produce.
The Marquis of LANSDOWNE had received no in-
formation of the circumstances ref,rred to by the Noble
Ear].

ENCUMBERED ESTATES (IRELAND) ACT.
Lord BEAUMONT presented a petition from Lady
Jervis White Jervis complaining of the operation of the
Encumbered Estates Act. The estate which she ad-
ministered, and on which she had a jointure, was an im-
provable NA .te encumbered to the amount cf 29,0001.
The solicitor of the petitioner had lout 1,0001.
on it ; he owing to the eA Lte 500/., the 1 etitioner
sought to set off the 500/. against the 1,000/.
on which the solicitor assigned the judgment of 1,000/.
to a person in London, whereupon he was dismissed
from his office as solicitor, on which the holder of
the judgment petitioned the Commissioners, who
ordered the estate to be sold, tuiless the or,-
cumbrance should be paid off in twenty-eight days.
The petition prayed that longer notice should be re-
quired before a sale was ordered, and that jointures
should not be consider, d as encumbrances.

Lord BROUGHAM said that whatever length of no-
tice bed been given, she could not have appeared under
any circumstances.

Lord BEAUMONT considered that the Act gale un-
due facilities to the creditors of persons possessed of
encumbered estates, and opened a door to oppression,
The whole object of the Act was to sell up and to revo-
lutionize the landed interest.

Al ter a few words from the LORD CHANCELLOR.

Earl GREY said that if the owner t f the property had
chosen to oppose the sale, he would have been heard;
but as he did not oppose the sale, surely no other 'Arson
had any right to do so.
The Earl of GLENGALL considered that it was un-
just that a junior creditor for a small amount should
have tae power of enforcing the sales of an easte.
This was one of the most outrageous and
t.rotal cases of which he had ever heard,
and he ooly regretted that the petitioner had not in
sertcd in the petition the Larne of the agent of the
person to whom he had assigned his interest. The
Encumbered Est ites' Commission was not a
court of ju4tice, or of law, or ( f equity; it was
an auctioneer's court and nothing else, aid the Com-
missioners ought to be compelled to take out a license.—
( laugh.) By the operation of this Act persons were
robbed of their estates.

Lord CAMPBELL must earnestly request their
Lordships to discountenance petitions such as this,
reviewing . the preceediugs of a court of judicature
against the decisions of which their Lordships
had decided when they pas: eel the law there
should be no appeal. These appeals, therefore,
were extra judicial. It was clear that the petitioner had
no interest in the estate, f)r if she had she would have
had u locus standi in the court and have been heard, and
as the estate was encumbered to more than half its an-
uul value it was clear the Commissioners had jurisdiction,
and yet the Noble Earl thought it proper to hold the
Learned Judges of this Court up to ridicule as auction-
eers, because in their zeal to do do the best for the hold-
ers of encumbered estates, they had themselves sold the
estates in this Court.—(Hear, hear.) He had no clout t
but that that Court would exLrcise their powers
prop rly.
The Earl of GLENGALL said the Act was an
atrocious and uncctastitution Act, intended to destroy
the ..entry of Ireland because they were Conservatives.
THE Earl of MOUNTCASIIEL considered that a
more arbitrary Act never passed the House than that.
Act. It was an Act of injustice and confiscation which
had been forced upon Ireland against the wish of the
majority of both Houses of Parliameat.—(Loud laughter)
A body more oppressed than the Irish landlords never
were —(A laugh)—and when tLe Bill was extended to
England then Noble Lords would understand its opera-
tion and tyranny.
Lord BEAUMONT explained that he had not
complained of the Commissioners, but of the opera-
tion of tl a Act, by which estates had been brought
into the Court, which their Lordships, when they passed
the Bill, had never intended to be brought into it. Ile
thought the Act was a wise Act as regarded those hope-
lessly incumbered estates to which alone its operations
1 ai been confined.

TLe Earl c f GLENGALL explained that be had
meant no reflection on the Commissioners, who were
most sefpectable men.

. - - ---
The petition way ordered to lie on the table.
RAILWAY BILLS.

Lord MONTEAGLE then rose, r:Ccording to notice,
to move that the House do resolve that ten days at least
b. f ,re the second reading of any private Bill for mak-
ing, improving, abandoning, or in nay way affecting or
vary ing any rails ay, or for creating, incorporating,
or affecting the powers rested in any railway company,
or fur the amalgamation of any railway company, or in
any other aay touching the same, there may be laid
before this House copies of the balance-sheets of every
such company, for the years 1848 and 1849, as re-
quested to be kept by the Bth and 9th Vic. cap. 16,
or by any Act incorporating such company,
together with copies of the schemes for dividend on
which dividends shall have been declared during the
years 1848 and 1849 under 120 and 121 of the said Act,
or under any Act incorporating the company, and a
statement of the amount of dividends declared in pur-
suance of such schemes, and the date at which such
schemes were agreed te, and the dividends declared.
(LEFT SPEAKING.)

HOUSE OF COMMONS.

The SPEAKER took the Chair at Four o'clock.

Mr. WILSON PATTEN moved that, in all cases
where notice had not been given in the Private Bill Office
of the intention of parties to oppose the second reading
of a private Bill, the second reading of such Bill, if op-
posed, be postponed until the day on which the House
shall next sit.

CAMBRIDGE AND SHEPRETII JUNCTION

RAILWAY.

tc air
Lord G. MANNERS moved the second reading of
hs
mb
Li Bill.d
Mr. Ag
oW was said
d e
oithatd e d ti
yh e feelingd
toof
t ht hi
se mei:lasi vuerres. ityHeef
should oppose the motion of the Noble Lord on this
ground, and also on the ground that there was
no want of this line, that it had very few share-
boleti rs, that it tan parallel at an average
distance of one mile from another line which ran Le-
tween the same termini. He should move that this Bill
be read a second time this day six months.
Mr. P. BENNET supported the reading of the Bill.
Mr. SHAFT() ADAIR also sup; orted the BM.
Mr. GOULBUIN said, if the Home would give him
its attention for a short time, he would lay the facts of
the case before the House. The Bill was a Bill for a rail-
e a;, Leven miles long only, bet%s et n two points which
were alreudy provided for by a line which had been al-
icady sanctioned by the House, and which line would
be commenced almost immediately; and, beside,
this, this very Bill had been rejected by the
House three times already. On grounds tetall)
independent of the University he opposed the
semi d leading of the Bill, because he Con-
isiert d
incurred theyby sending h
oughtntote
to
Billa to a Committee
allow additional expense
until penset
theyob
knew whether the other line would or would not be
completed.
Mr. FITZROY said he had a petition, which was
most numerously signed by the inhabitants of New-