The Sun.
London, England, 1845-07-26 00:00:00

MONEY AND CITY NEWS.

CITY, FRIDAY EVENING.
The Share Market has been in a less excited state to-day, but,
notwithstanding, business on an extensive scale continues to be
transacted. The leading securities, such as North Midland, York
and North Midland, and Birmingham, were not so heavy in ap-
pearance as yesterday, the sales not being as large as was generally
expected. Indeed, the unsettled condition of things yesterday was
mainly produced by the fear of the speculators inside the house,
who imagined that immediately the decision of the York Direct
project spread through the country, there would be extensive
orders for sales. As this has not proved to be the case, the market
has become firmer, and a greater degree of confidence is established
among the dealers. The shares of the different lines favoured by
the reports of the Committee on the York line, and on the gauge
question, including the Oxford and Worcester, and the Leicester
and Bedford, have in each case been well supported by purchases,
but no further advance in prices has taken place. Cambridge and
Lincoln, and Direct Northern, remain flat, without any prospect at
present of improvement. Brighton shares have been extremely
good today. Large purchases are made notwithstanding the late
continuous advance. An issue of new shares is talked of, which
Is ene inducement to persons buying a security which is already
paying a high rate of interest. The new shares are required for
raising capital to carry out branch undertakings. Blackwall shares
are steady, at the late rise. It is understood that the Eastern Coun.
ties Company propose to lease the Blackwall line at the rate of 4
per cent. per annum, and this proposal is believed to be the cause
of the advance within the last week or ten days in the shares of the
latter Company. The market for foreign shares has not shown
material variation, but quotations are firm with a slightly improving
tendency.

A correspondent, who has several times called attention to the
7th and Bth Victoria, cap. 110, convinced that the legal enact-
ments were not complied with in many cases, has given a short
summary of some of the leading provisions, which may be useful
to those who wilt not take the trouble of consulting the Act itself :
—"By the 7th section it is declared that it shall not be lawful for
any joint-stock company thereafter to be formed for any purpose
within the meaning of that Act, to act otherwise than provisionally,
in accordance with that Act, until such company shall have obtained
certificate of a complete registration as thereinafter provided. By the
23d section of the same Act it is declared that on the provisional
registration of any company being certified by the registrar of
joint-stock companies, it shall be lawful for the promoters of such
company to act provisionally, and to assume the name of the in-
tended company, but coupled with the words Registered provi-
sionally,' to open subscription lists, and also to allot shares and re.
ceive deposits. By the 25th section it is declared, that on the
complete registration of any company being certified by the regis.
tzar of joint-stock companies, it shall be lawful for the said com-
pany, amongst other things, to issue certificates of shares. The
registrar, by sec, 21, is entieled to claim, towards the expenses
of his office, for a certificate of complete registration, the sum of
51., and Is. additional in respect of every 1,000/. value of the
capital of the company; and if the Act was obeyed, the share-
holders, by the second provision of schedule A, would be, on com-
plete registration, in a position In a great measure to protect them-
selves, by convening an extraordinary meeting of the company, on
a requisition of not leas than five of their body."
Having inserted yesterday some remarks on Irish speculators
who have sold in the English market, we ought in justice to state,
on the authority of some of the leading brokers, that many of the
large landed proprietors of Ireland take great interest in their
national railways, and invest largely in them.—Times.

FATAL STEAM-BOAT ACCIDENT.
Late last evening the inquest on the bodies of the three men,
David Davis, Thomas Richards, and Benjamin James, who were
drowned by the upsetting of a small boat, belonging to the Cullo.
den, under circumstances which have already appeared in this
journal, was resumed before Mr. Payne, at the Vestry-hall,
Horsleydown. On the re-assembling of the jury that evening Mr.
S. Fry, a solicitor, appeared on the part of the captain of the Prince
of Wales steamer.
Mr. John Bunyon, the clerk of the Watermens' Company,
attended at the request of the Coroner, and stated that, by one of
the by-laws of the company, no vessel navigating between Lon-
don-bridge and the eastern limits of Limehouse.reach, was to go at
a speed greater than five miles an hour, but he believed that the
regulation applied to vessels going within that distance.
Francis Enson, principal engineer of the Prince of Wales, said,
that at the time of the accident the wheels were not making more
than twelve evolutions a minute. The wheels were eighteen feet
in diameter. We go at the same speed with or against tide.
Captain Davis, a master mariner, said that 13 evolutions would
propel the steamer four miles an hour ; and if going with the
tide four miles more, making her speed eight miles an hour.
It was necessary for her to go at such speed, or she would not
answer her helm.
Henry Forss, the captain of the Prince of Wales, said that
vessel was 200 feet long and 21 feet broad, and at the time he must
admit she was going about seven miles an hour over the ground.
The tide was not running fast, not more than two miles an hour,
and the Prince of Wales was half an hour getting from London-
bridge to Deptford. It was his opinion that the accident
was caused by the men having the mooring chain over the stern of
the boat.
This being the whole of the evidence,
The CORONER addressed the jury, and said, there were two
questions for their consideration,—was it the swell from the
Prince of Wales that caused the death of these men ? if they were
satisfied it was, it would be then for them to say whether they
considered the captain was navigating that vessel at a proper pace
or not.
The room was cleared of strangers, and, after some deliberation,
the foreman said that the verdict was a unanimous one of " Man-
slaughter against Henry Forss, captain of the Prince of Wales
steam.boat," who was forthwith committed to Newgate on the
Coroner's warrant.
The foreman of the jury handed the following to the Coroner:—
" We, the undersigned jurors assembled oh the inquest held on
the bodies of David Davis, Thomas Richards, and Benjamin
James, having closely investigated alt the circumstances of this
melancholy affair, respectfully request the Coroner will represent
to the Home Secretary of State and the Court of Aldermen the
absolute necessity of promptly making stringent laws for the regu-
lation of the conduct of the commanders of steamers in navigating
the pool ; the reckless speed at which they now go (proceding in a
great measure from their rivalry), endangers the lives and property
of every individual whose business or avocation is on the river
Thames. The jurors are convinced nothing but the strong arm of
power and rigid enforcement of well considered regulations can
abate the nuisance; and they are further of opinion that if the
Corporation of the City of London has not the requisite power, it
is an evil which calls loudly for the interference of the Governmen
And of the Legislature."

PRIZE MONEY.—(From the Gazelle.)—London,
July 25, 1845.—Notice is hereby given to the officers and com-
pany of her Majesty's ship Dido, who were actually on board and
entitled to share in the proceeds arising from bounties granted for
the destruction of pirates in the Undop river, island of Borneo,
on the 14th of August, 1844, that the distribution thereof will be
made on Thursday, the 7th of August next, at No. 1, James.street,
Adelphi ; and where the lists will be recalled for three months—
Captain, 280 L 10s. 9d. ; first class, 651. 3s. 4d.; second class, 391.
ls. ; third class, 19/. lls. ; fourth class, 13/. Os. Bd.; fifth class,
6!.105. 4d. ; sixth class, 4/. 6s. I Did.; seventh class, 2/. 3s. 51d.
Woodhead, agent.

SKltit ttiS STEAM-BOAT BOILER ETPLOSIONS.--Yes-
lerday, between one and two o'clock, considerable sensation was
created in the vicinity of Dyer's Hall steam-pachet wharf, Lower
Thames-street, in consequence of a very serious explosion of steam
taking glace on board the Wasp, Richmond steamer. It appears that
the vessel had but a short time previous arrived at the wharf from
Richmond, and the usual precautiohs were adopted to carry off the
waste steam. The engineer and stoker were engaged in the en-
gine room, when the former perceived what appeared to him
the parting of the connecting steam pipe. He instantly cried out
for his comrade to earape, at the same time darting up the steps to
the deck. Before, however, he could accomplish his object, the
steam burst from the pipe with considerable force, hurling the
cinders and fire about in all directions. The engineer managed to
escape with but trifling scalds to his legs, but the unfortunate
stoker was unable to make his way out of the engine-room, and
was consequently exposed to the full action of the steam. The poor
fellow's cries are described to have been most heartrending, and his
removal was rendered perfectly impossible until the vapour had
dispersed. On that being effected, he was found, as may be
Imagined, In a most horrible state of suffering. No time was lost
in conveying him into a cab and forwarding him to St. Thomas's
Hospital, where he now lies with but slight hopes of his recovery.
Another serious explosion happened on board the General Steam
Navigation Company's steam-ship Ocean, which arrived in the
river on Thursday afternoon, from Rotterdam. It appears that as
the Ocean, on her late passage trona London to Rotterdam, was
passing the Briel, the bar of the Rotterdam harbour, one of the
boilers exploded, to the extent, it is reported, of ail feet. Three
. persons were the engine-room, and who are described to have
been seriously mutilated; one so much so as to be left at the Rot.. terdam hospital.
At th, Marylebone Police-office, Major Richard-
son was held to bail in 5001., with two sureties in 2501. each, to
keep the peace towards Mr. Collett,
.M.P. for Athlone. It 'ap-
peared that a dispute, relative to a policy of insurance, had led to
an angry correspondence between the parties, in the course of
which Mr. Collett had received a letter from the Major, which he
considered as calculated to lead to a breach of the peace,

SUICIDE BY A SOLlClTOR.—Yesterday an inquest
was held at Upper Norwood, on the body of Edward Mantle, aged
thirty-five, solicitor (place of business in Gracechurch-street),
,whe
committed suicide on Tuesday afternoon in his own bed-room, at
Norwood. It was proved that the deceased was subject to nervous
excitement of the brain, and the jury returned a verdict that he
had taken his own life, having been at the time in a state of tem-
porary insanity.

- The Right Hon. Sir Robert Peel gives his last
Parliamentary dinner this season today, to which above thirty
Members of the House of Commons are invited,

NOTICE TO SUBSCRIBERS.
The THIRD EDITION of THE SUN of last
evening contained—
The latest prices of Shares from the official list.
The conclusion of the day's proceedings before the
Railway Committees of both Houses of Parliament.
The latest Market Intelligence.
The list of Appointments, Bankruptcies, &c., from

_
the London Gazette.
The Weekly Return of the Circulation of the Bank
of England.
The Parliamentary Proceedings of the Evening, being
a full Report of the Debates in both House of Par-
liament, up to a Quarter before Seven o'clock.

NEW EDITIONS OF MRS. GRANT'S MEMOIR AND LETTERS.
This day Is published, 6th Edition, 2 vols., post Bvo., 215.,
MRS. GRANT'S LETTERS from the
MOUNTAINS.
Edited, with Notes and Additions, by her Son.
Also, 2d Edition, 3 vols., post Bvo., with Portrait. 31s. 6d.,
MEMOIR and CORRESPONDENCE of the late MRS. GRANT,
of Laggan. Edited by her Son, J. P. GRANT, Esq.
London : Longman, Brown, Green, and Longmans.

THREE THOUSAND NEW PROVIDENCE PINE APPLES.
FOR PUBLIC SALE, at ,Monument-yard, on
MONDAY, July 28, at One o'clock precisely, THREE THOU-
SAND NEW PROVIDENCE PINE APPLES, just landed, after a
short voyage, in tine condition, ex Ilighflyer,Newton, from Eleuthera.
Three Casks of Pine Apple Mould. To be viewed, and Catalogues
had, of Keeling and Hunt, brokers, Monument-yard, and Pudding-
lane.