The Sun.
London, England, 1850-05-30 00:00:00

THE IRON TRADE.

Another fortnight has passed without any percep-
ble improvement in this trade. During the early
part of it some expectation seemed to prevail that the
blowing out of more than forty of the Scotch blast
furnaces, together with the determined stand so long
maintained by the colliers and workmen, would soon
reduce the make in that country below the consump-
tion, and that consequently higher prices might be
anticipated there. In Staffordshire also several fur-
naces had been put out of blast, and the stocks of pig-
iron not being in the hands of needy sellers, it was
thought that any improvement in Scotch pigs would
have influenced the quotations here; hence, consider-
able inquiry began to be made by purchasing firms
for the better qualities, but unfortunately the demand
for manufactured iron by no means participated in the
improvement, bat rather continued to decline. In
nail-rods of course nothing has been doing; in hoops
and sheets but little; while orders for merchant
iron in general are unusually flat, and several
makers have intimated their willingness to accept
lower figures. All prospect of activity has therefore
again subsided. Some considerable works have been
put to stand for want of orders ; among them is men
tioned the extensive portion of those belonging to the
British Iron Company at Brierley-hill ; and it is
reported that notices have been given for reductions
in wages, both to puddlers and mill-men, by several
masters in the district. Employment has also become
more scarce on account of the proceedings lately

carried on for putting down the system oftommy-
shop:. The quantity of iron made is much in pxc,ss
of the daily evnzurziptiot. The tor.,:gt, mari:yt!,
app ier to be glutted ‘l, itn forek.,l and almost unsale-
able supplies, and prices are resorted to something
under the actual cost, in order to compete with
the tempting offers made by our more fortu-
nately circumstanced neighbours. But the continu-
ance of business upon such terms can only be a
question of time, and unless some unforeseen source
of demand should spring up, the whole make, not
only of this, but of each producing district
throughout the kingdom, must be further curtailed,
and that within a short period. From the best infor-
mation we can obtain, it appears that a reduction of 5
per cent. on the general rates of wages had been sub-
mitted to by the workmen engaged in the manufac-
ture of iron throughout the principality, and that the
price of Welsh iron; free on board at the ports, is now
41. 10s. ; but that, even at these figures, buyers are
scarcely to be found. In Scotland pig-iron is again
dull of sale, and the exports of the first four months of
the present year fall short of those in the same period
of 1849 by nearly 37,000 tons. The prices now
quoted vary from 425. 6d. to 455. per ton. The
number of furnaces there stated to be in blast on the
Ist of January last was 112, of which 45 are now
standing on account of the colliers' strike, and the
produce of many others is reduced, so that the total
quantity made is supposed to be less by about 6,000
tons weekly—a contraction which must have a bene-
neficial result on the market, at least in reducing the
enormous stocks on hand with which the present year
was commenced.—Aris's Birmingham Gazette.

RAILWAY INTELLIGENCE.
TAW VALE.

An extraordinary general meeting of the proprie-
tors of this company was held at the London Tavern,
Bishopsgate-street, yesterday ; Mr. John Sharland in
the chair. The attendance of shareholders was thin.
The meeting was convened pursuant to a resolution
passed at the special meeting, held on the 28th of
February last, and whi h was as follows :
" That the report be received, and that it be printed
and circulated amongst the proprietors, and that the di-
rectors be authorised to cause the necessary surveys to
be made of the deviation suggested by th 2 report, and
also to obtain tenders for the execution of tile works upon
the basis contemplated thereby, and so soon as they have
obtained the information necessary for that purpose they
do summon within three months from the present date an
extraordinary general meeting of the proprietors, to take
such report into further consideration."
The advertisement convening the meeting having
been read, the secretary submitted the following re-
port of the directors :
"In accordance with the report of the committee of
shareholders, and the resolution of the extraordinary
general meeting of the 28th of February, 1850, your di-
rectors appointed two of their body to proceed with an
active canvass of the landowners, occupiers, and others
in the locality of the line, for making up an amount of
not less than 50,0001., by subscriptions for shares, agree-
ably to the report of the committee of shareholders; and
although your directors cannot report entire success, still
the progress made, and the information gained, enable
them to say that they have no doubt of ultimate success
in that respect. Your directors also ordered Mr. Neale
to survey the line as for application to Parliament for
the deviations required ; and also to prepare the neces-
sary sections and drawings, with estimates and specifi-
cations, for submitting the works of the twenty-six miles
from Umberleigh.bridge •to Crediton, to contractors.
These are not yet completed, but are engaged to be so
within one month ; and tenders for conditional contracts
will be thereupon immediately advertised. Your direc-
tors are prepared to state, that so much is already
known in respect to the surevys, &c., that all
the anticipated advantages and saving in cost of
construction of that portion of the line will be fully re-
alised. Your directors regret that it was deemed neces-
sary to confine them, by the said resolution of the 28th
of February, to three months fur completing all the
objects contemplated. They then urged the period for
their report to be left to them, and if it had been so, one
extraordinary general meeting might have sufficed.
They are, in consequence, under the necessity of asking
the shareholders to adjourn the further consideration of
the same to the next half-yearly meeting in August, to
be made special for the purpose of receiving such report
and acting thereupon. Your directors will now submit
for your confirmation the forfeiture of 870 shares, upon
which the calls have not been paid, in conformity with
the Acts relating thereto."
The CHAIRMAN said, that presuming the adjourn-
ment would take place as recommended by the report,
the order of business would be to proceed with the
forfeiture of the shares.
Alderman CARDEN wished first to know by whom
the shares to be forfeited were held ?
The CHAIRMAN refused to give the names, as such
a proceeding was altogether unusual.
Alderman CARDEN proceeded to complain that in-
structions had been given by the directors to the
former solicitor of the company, to sue all those
defaulters, except certain parties who were the nomi-
nees or the transferees of the directors' shares.
The CHAIRMAN denied the accuracy of these asser-
tions, and called the worthy alderman to order for
travelling out of the special business for which the
meeting was summoned.
Alderman CARDEN, notwithstanding this rebuke,
continued his animadversions, averring that it was all
very well for the directors to make over the shares to
their own nominees, and then make calls which only
the liond fide shareholders had to pay. It was well
known to the committee of shareholders that the
present chairman had transferred a large number of
his shares to other parties, on the very eve of a new
call being made.
The CHAIRMAN again interposed, to deny these
assertions. The parties to whom his shares had
been transferred had all paid up their calls. None of
the present directors had transferred any of their
shares.
After some further altercation,
Mr. TITE (a director) rose to prevent any further
angry discussion, and called upon Alderman Carden
to discriminate between the conduct of the present
board and that of their predecessors. The calls
were absolutely necessary to enable the company to
pay its just debts, and there could be no doubt that
the most prudent course was to forfeit the shares in
arrears.

The meeting then adopted the suggestion, and the
870 shares mentioned in the report were accordingly
agreed to be forfeited.
Mr. TITE then moved, and Mr. WooLAKE* (an-
other director), seconded the following resolution :--
" That the report of the directors now read be re-
ceived, and that the further consideration of the
report of the committee of shareholders, presented
to the special meeting on the 28th of February last,
be adjourned to the next half-yearly general meet-
ing in August, to be made special for the purpose
of receiving and acting upon such report as may then
be made.

A long discussion then ensued with respect to
:he present constitution of the board of directors, it
being contended by Mr. Davey, Mr. Josiah Wil-
kins, and others, that one-half of the board being
composed of South-Western directors, a feeling ad-
verse to the success of the undertaking was enter-
tained among the land-owners of North Devon, who
viewed with distrust the narrow-gauge policy of the
South-Western Railway Company, and were jealous
of an undue influence in favour of that policy being
exercised in the Taw Vale direction. The chairman
and several other directors stated, on the other hand,
that the company was pledged to carry out the line
upon the broad-gauge principle ; that the whole body
of the directors were in favour of that principle; that
even the interest of the South-Western Company in
the Taw Vale line was contingent upon the line
being constructed on the broad-gauge principle ; and
that not only was the feeling of hostility among the
landowners of the district unfounded, but that the
*result of the recent canvass of the district showed the
project to be one that was viewed with favour rather
them with aversion by the landed proprietary.
The resolution was ultimately agreed to nem. con. ;
and after passing a unanimous vote of thanks to the
chairman and directors, the meeting broke up.
MANCHESTER, SHEFFIELD, AND LINCOLNSHIRE
RAILWAY.—A meeeting of the shareholders in this
company was held in the Exchange-rooms, Man-
chester, yesterday, at one o'clock. Charles Turner,
Esq., of Liverpool, presided. The meeting had been
adjourned from the 24th of February, for the purpose
of receiving the report of a committee of investi-
gation, appointed at the last general meeting of the
company. The Chairman stated that the labours of
the committee had been so great that they had been
unable to complete the report, and it was, therefore,
desirable that the meeting should be further adjourned
to the 24th of June, at one P.M. Mr. Simpson se-
conded this resolution, which was carried.
NORTH BRITISH RAILWAY.--The North British
Railway branch from. Newton to Wallacenick, about
a mile or two from Kelso, is nearly completed, and is
expected to be traversed by an engine on-the ist of
June ; but the junction with the Berwick and Kelso
line, will not be effected before August.--Edinburgh
Advertiser.

RAILWAY SHARE MARKETS.
BRISTOL, MAY 29.
STOCK ExcHkriGE.--Tbe market was firm to•day, and
a good busines was done in Great Western and Bristol and
Exeter, but without alteration i❑ prices. Midland were also
in request,

LIVERPOOL, MAY 29.
STOCK ExcnANGE.—The share market was firm to-day
at the quotations. The transactions wereas follow:—London
and North-Western, New Quarters, dis.—Ditto, Quarters
(C), I 3d. p.—Lancashire and Yorkshire, Consol..Fitths,
9/. 13s. 9d. dis.—Midland, 35,4 —Ditto, Halves, 26:.4 dis.—
South-Eastern and Dover, 1414—llitto (No. 4), Registered,
476—York, Newcastle, and Berwick (G. N. E. Purchase),
6 per cent. till 1850, 8% dis.—Dutch Rhenish, 6 dis.

MANCHESTER, MAY 29.
STOCK EXCHANGE.—The amount of business done to-day
was limited, but prices were very firm. Tho transactions were
as follow :—Lancashire and Yorkshire, 38—Ditto Fifths, 934
dis.—Ditto (West Riding Union), 8 5.16 dis. —East Lanca-
shire, 7 11-16 —Ditto, Quarters, 136 —North > Staffordshire,
10 1-16 dis.—South-Eastern and Dover, Consolidated Stock,
4 11-16—Manchester, ehaeld, And Lincolnshire, 14,6

Ditto, Preference, 7 5-16—London and North-Viresterg'
Manchester and Birmingham, Quarters (C). 9-16 P.

>, : fit::, i'~';_x ~ 3.1!.

3TC,ot EXCITAN,4.

-011 r

Maiket w.;.3 more

rnaea to-day, and prices were improved The only ton:
actions, however, were Shrewsbury and Birmingham(L)/
71. Is. 3d. dis.—Shropshire Union, 41. Is. 3d. dis.
RK, MAY 28.
STocit EXCHANGIC.YO
—The t ransactions to-day were s 101'
low :--York, Newcastle, and Berwick, 1312.2 —Ditto (G.
Purchase), 1 —Great Northern, Preference, 101.8 x. 9d,

THE WINDOW-TAX.
A deputation of the Metropolitan Sanitary Asg°;
elation waited upon the Chancellor of the Exchequer
on Tuesday last, on the subject of the window-tax.
Dr. GAYIN introduced the members of the dep_ity
h
tation, and read the following resolution, passed
the acting committee on the 19th of April, 1850
" That inasmuch as it is the object of the assoeisll,,e
to obtain through Legislative enactments remedies for",,
evils which result from the present imperfect sanital„;
condition of the metropolis, and as it has been Abu,
dantly proved that the tax on windows has operated
terially in the production of evils which could sear_cetto
have been anticipated by the Legislature when the of
was first imposed, and that the evils themselves are_i.,
distressing magnitude, and produce much disease not oret;
through the shutting up of windows already in ex.,„ot
ence and the building of houses without a siu"tr.
supply of light—an element necessary to healthy or f,,,
nisation—but by the great obstruction to ventilstre;
which is the practical result of taxing all aper"l
which while admitting air also admit light'.
farther, that inasmuch as it is the belief old to
association that no Government could be f,111„00-
support the continuance of a tax so clearly and "To
strably proved to operate most injuriously on the ent)
of the people (a primary object of all good govern° to
unless the revenue thereby derived was essential to_rge
wants of the nation, it is expedient that another soAas
whence to derive the necessary sum be indicated•
on
policy and equity point to the imposition a a no
houses. That all houses should be included, With oc.
exemptions as may be deemed expedient by Parlialds.
That a Government registration of all houses is 11100,
mentally necessary for the bringing horde to the d.ory
ins of all classes of the community efficient 3619 bed
measures; and that the data which would be furnistod
through such a tax would prove the groundwork forgo.
greatly facilitate the introduction of those Weld be
That by the operation of such a tax parishes would be
greatly protected through the facilities which %solos.
afforded,to prevent untrue returns of unoccupied h,,°„
That it is expedient, therefore, that this assoeiswTere•
present to the Chancellor of the Exchequer tb° the
going means of obtaining the revenue necessarY fobtriag
purposes of the State, and that he be requestedwin t° dos(
in a Bill for the total abolition of the tax on , e,"
and for the imposition of a tax on houses in ioei‘c in'
The Rev. Dr. WORTHINGTON said, that AS t.h,eered
cumbent of a parish of 40,000 souls, he consTetif
that sanitary rlations would be very iroP'r ed it.
carried out if the Government simply conteete.
.xes,
self with passing the Metropolitan Cemetery' the
Having been ,the main instrument in brieginguril
clergy to unanimity on the question of intragnoiee
interment, and inducing them to meet the exig„,efott
of the time by adopting a report which he had ",,,,est
up, and which the Board of Health was at P—ould
circulating, he considered that Government' fait
only half effect its important ends if the vsint9lleras
were not also removed. He trusted that tho.‘'"nt' 00'
ment would not listen to the city of London re"-de.
strance on the present Bill, but pass it in All_Lt„51000
tails. In no climate was the window-tax so P'„; the
as in one so variable as that of England,' v1,116,:er
life of its inhabitants was necessarily an in-r„0,- rs'
istence, and where the large town population
quired every accessory of air and light. Other '3ll but
enjoyed a pure climate and an outdoor existence the
the Englishman was deprived of everything etched
enjoyment of his home. To look upon the Wel' To'
dwellings of the lower classes deprived of everY iced.
sible comfort, and exhibiting nothing but wretfbich
uess and disease, was the most painful office to ttedt
the clergy of this great metropolis were sublfild the
and it became every Government that retailed he
glory of all Government, at heart to retnedinortv
evils that pressed on the great aggregate of the oes
lation. It was not merely as legislators, but al? pup'
and philanthropists, that they were called o sits
ply the present deficient elements of light ari large
not simply in the dwellings of the poor, but 'in oil
manufactories and private dwellings, where sttset
pressed equally. He did not venture to say,' bat
a house-tax would supply the revenue requir`"!sor
left that to the Chancellor of the Exchequer tcr.vetili
cider; but he -contended that the Government' ‘,"nts
not exercise a proper consideration of the W%eriel
this great people unless it passed a continuous 't 011;
of enactments which should accomplish the gre%o of
ject of sanitary reform, and the entire arneliorsti,
the physical condition of the people. %pest
Mr. LORD observed that it was too much to of
a sanitary association to find a substitute for
proved to be detrimental to the health of the P ivitP
However great the financial difficulties BOY,
which the Government may have to conterio, :00
came parties in authority to grapple with the: jo,
if they were honestly sincere in their efforts I:'°e
prove the moral, social, and physical w_9ll-..b0e'13;070,,5'
the suffering masses of the labouring classLc
sures admitted to be right in themselves st tho'
carried out, and a fresh tax substituted, "Ineooie,',
whose peculiar duty it was to attend to 1"ohlw
through which newly-adjusted taxation the r
health might no longer suffer. rePll,l
The CHANCELLOR of the ExcHEQuElgt
stated that the difficulty of removing the tOtitot,s:
fiscal one, and that it was not so easy to 5u1.)51,--
house-tax as the deputation seemed to ann-i.ese_roli'
stated that there were 487,000 houses whioherooo'
paid the window-tax, while there were. 3'. glen
houses that did not pay the tax. To itopus`A' gluvr
fore, a tax on 3,000,000 houses now borne bY'''
r ti*
Es
only, was a difficulty that any Chancellor 0.-iettts-
chequer might well shrink from. lie adlill%)iii
there were many sanitary evils produced .hlit"tfs'e
but could not hold out any hope of a
the tax this season.
The deputation then withdrew.
fri,
THE COIUNTRY- '
LEEDS, 1114. y 28. —We have a moderate arrivatt ;'
with a tolerable show of samples from vesselvessels'bele".rer ,
trade is firm, and a fair sale of wheat at rather ld
ei;iiiilo,o
Not much passing in barley, and prides a, betas ;i oiti
held firmly ; oats and shelling fully as dear. Ot'hi of
without alteration. Supplies
NEWCASTLE CORN MARKET, MAY '28.-"'-`7,11.04:40
both English and foreign wheat small. Trade Of" id
with with a good demand, at rates rather above those of
last. Oats in short supply. Trade brisk, at an ad al
per quarter. Arrivals of flour limited, and price' r
tained. In other articles no change. ,11,6eriss
NEWCASTLE CATTLE MARKET, MAY
of beasts at this morning's market exceeded ro„iei-
show last week by eighty head. Quality very gTho'ftsbet
slow, at a decline of about 3d per stone. Part ~.,
sold. The sheep and lamb trade was improvei-
exhibited was 400 less than last Tuesday, jed..:-:ti,'" 51,1;
shade higher prices for mutton, Arrivals.--JJ'l,
sheep, 3,800. Beef, 4s 6d to 5s 9d • mutton, is
lamb, Id to lid per lb.
There "
EDINBURGH MEAL MA.RKET, MAY
the meal market to-day 10 sacks oatmeal, each vtieTsi-Iji
imperial, which sold thus :-7 at 11 10; Od, and „t
average price of the whole 1194 10d 2-12ths. "flaid 21/4-4,
whereof 1. sold at 275. 1 sack .barleymeal, which •%IV.'
5 sacks pot-barley, whereof 4 sold thus 1,-1 at 115151 •r
and latl/ 2s Od. )l1A4 OW

EDINBURGH HAY AND STRAW MARKil'a ;tea; OIY
Oat straw, from 7s 6d to, lOs Od per kerapie of St 7
wheat ditto, 7s 6d to 91 Od ; barley ditto, 6s), 10.1
,
Hay, from is to is 2d per stone.
„rh 7,„-A ;
DALKEITH MEAL MARKET, MAY 2/ .--"^j P%L.
bags oatmeal and 4 of barleymeal at this fa! jorler
sales dull. Top price of oatmeal 29s 6d, or 38 ur irii
top price, same as last week's quotations.. • nog
d:
Oatmeal, per sack, of 280 lbs. First rA' oad
imperial .. 29s 6d 283 •
(P),
Barleyrneal, per ditto ...
--s 17i 6d -"""5 „a
Peasemeal
..„ —s Ud oo
Flour ... —8 1)(i=
Pot
Pot barley ... —s Od '

_ ...,
COAL MAltlik, I. YEsTBADAI" - ' .144; 5..1
HgaassittiAngd,asiHrsarbityn... l3lss
46dd
EiWehlliotew.e..l.l.
....... :
............... ...... To a:I
fdolywell
•• ...•1, 9J
Canfield
111111o7rrB.u"ie"s:
111323:s :9ddd
aSeayrrieoyur_a:!.e..s..." ..
..**:,..i W 0 i
Wylam ..
,
r i ••••
Riddell ..... ... ......
Richraund.. .. ... 14 3d Ships at
... ... s
Wall's End, &c. Nicaxond's.
nuirkp
e,
iflorert!l..j.f
.0.,.... :anio 63

' -- ,
the9wn ittheeo2f 7vh. iaztliuginEri BIRTHS. ea,
24 thins t . , a t C°Ga Fru: c: 1 taEAht so°gWElr er I 1°1,: On, the '
R. Bowden Smith, yEsq..r
- , ,eOO
OF A DAUGHTER. , MOO,
inst., atSouth o ton- , Affi•
On the 26th
square, Mrs. John Carter.
On the 27th inst., at N rth-bankii,B‘dSr:ecstt.*:Seneostleh'l:4l:ll:-'"61:c117:410:
WO
Augustus Fisher. ° the
On the 25th inst., at King's-terrace; Southelt, ) ,
J. E. Atkins, jun , Es
• cl. 1"
M ED ar— se
On the 27th inst ,at St George s, ane , -s, r l3'..itth
All'l4l ; if ver-e0 =Jell
court Johnstone, Esq., eldest son of Sir Jemll•Ch' e•
stone, Bart., M.P., of Hack/less-hall, Yorkshire, t',301,4000,
second daughter of Charles Mills,Caro,,Tll:ol.l4eriat
On the 22d inst., at Burneston, yorkshire, •e•" 1,,- daag.,;(l,
Esq., of Bella Vista, Chili, to Caroline Maria, en ii'o,aouP
of E. J. Carter, Esq., of Theakstothall in the 84 I

DIED sged"69,,tAillir:
a.
Broooonnynntsttiihthueee 19th inst., at Whitby, Yorkshire' 5-0 €"'
ruw ret
R. Taylor, 3LA., rector of Clifton Campville,, '„-vio'Of °*assi'
On the 19th last., at Dartmouth, Eliaabetn,N:-tott ..•
late A. noldsworth, Esq., of Widdicombe end 4"..° t 6,
pine, Devonshire, aged 9/, a s
t age ,
At the Crescent, Worthing, on the 20th je°- ' ' _
_..,,0
Mary, relict of the late John Willan Esq. ~,.,frey
On the 24th inst., at Welbourn,' Li:lool°B'a' l,lO
late
inahenrsedslt et.
Harriet Mary Lewis Start, eldest daughter of the "'"
O. F. sgeil°l
()n the 19th inst Mar the wife of John - ~,
Esq., of Peckham. •'
Y'
'ffil
ee•
x 17:sliaidttarli
apt,
sth,u,
aAnondfrenettelhy.,
leo. :lig.
oeßu. ~
BEJr
E.
aln.
de
est,`::: .:
DO-6id:
is: vei
j. role
pt:;to:
c On the 10th inst., at his residence, Half-goon-e•
~,
adilly,Aln Blizarl, Esq., aged 63...._. ----.:„. 44, of
- - vow • oil
London : Printed and Published by bIUBD,O
~„ jio% ei
NO. 112, 'Strand, Printer, at .J'he thus vl"‘-',„milig
Strand, in 4.. hr. Precinct of the Savoy,' in file
Biiddleeelt, Thursday, May 30, 1850. ,