The Sun.
London, England, 1845-11-13 00:00:00

Ctirb Ebition

MONEY 'and COMMERCIAL NEWS

CITY, QUARTER TO THREE.

The sales of Cotton at Liverpool yesterday were 10,000
bales, 2,500 being on speculation. Prices were l', d. per lb.
higher than at the close of business last week; 750 Maran-
ham, at 414 d. to 4Nd. ; 60 Pernams, at 614 d. to 6%d.; 400
Surat, at 2%d. to 3%d. ; and American at 3%d. to sd. per
lb.—There was very little doing in Shares, and prices gene-
rally were lower.
It is scarcely possible to estimate the results that will flow
from the announcement of the free-trade principle which
has been adopted by the Government, and by Parliament,
as respects the admission of articles of produce either duty
free or at very low imposts. The Customs bills of entry
almost daily have new articles of import, and there cannot be
the slightest doubt that before long there will be poured in
hundreds of articles of produce from distant parts of the
world, which will be novelties in every sense of the word.
There are no late colonial arrivals announced here to-day.
An improvement in the Consol Market to the extent of %
per cent. has taken place this morning, and the money value
is 96%. The Three-and-a-Quarter per Cents. have advanced
to 971/, a rise of about 2 per cent. upon the quotations sub-
mitted to less than a month ago.
The premium upon Exchequer-bills has fluctuated from
225. to 245. South Sea Stock has been [done at 107. The
supply of money stock has •been much less to-day. East
India Bonds have advanced to 40s. prem.
A very firm market has ruled for the Foreign Securities to-
day. Mexican Stock has improved to 3014 ; Portu•
guese Four per Cents. from 55 to 57, and Spanish for the Ac-
count to 29'. Dutch Stock is also higher.
The Market for the Railway Shares is rather firm to-day
but business is rather slack.

ONE CLOSING
PRICES OF BRITISII FUNDS. O'CLOCK. PRICES
3 per Cent. Reduced
3 per Cent. Consols Annuities 9614 96 96% 9614
New 314 per Cents 971/8 967/g 97% 9714
Long Annuities toexnireJan.lB6o 101/2 7-16 10 7-16
Ditto 30 years, Oct. 10,1859
India Bonds, 1,0001..
Ditto under 1,000/...
South Sea Stock ... lO7 107
_ ... ,

'4 P
1%

-P

33/4

IA die
7

41/2
33

Southampton, Manches-
ter, & Oxford Junction 2 —
St. Alban's, Hatfield , and
Hertford Junction ...
Staines and Richmor.d... 1
Staffordsb. & Shropshiria 21% —
South Wales . ... 211
Tean and Dove Valley 1% - ......... .., ..
Trent Valley
Trent Valley and Holy- -
fling, Beading, and
Basingstoke
Vale of Neath ..... ...... 2 ' 3lr 4 ...
Warwick & Cheltenham 1%
Waterford and Kilkenny 3 ..,
Waterford and Limerick 71/2 ....
•••
Waterfd,Wxfrd,Wicklw,
and Dublin ,:, 12.....
W aterford, Wexford, and
Valentia
Waveney Valley — -
Welch Midland
West Cornwall
Westt Yorkshire .. 23/4 —
West London,Old Shares 20
West End and Southern

41A,

34

-
2%

Counties ..... ll/ —
Arexford and Carlow ... 2%
Wilts, Somerset, and
Southampton
Wilts, Somerset, & Wey-
mouth .. .. 21% 3% 4%...... ..
Worcester, Shrewsbury,
and Crewe Union ..... 1X —
Worcester and S. Wales 425.
Yarmouth and Norwich. 20
Ditto, New
York and Carlisle 234 3 — • •
York and Lancaster 2% 21,8 ......... ... ..
York & South Connecting —
York and North Midland 60
Ditto % Sharon 25
Ditto Scarboro' Branch. 25
Do Selby 2O
Do. Extension
FOREIGN RAILWAYS.
Anglo. Belgian 4
Boulogne and A miens... 8 ...... 934
Bordeaux & Mediterran. 2
Bordeaux. Toulouse, and

Cet te ( Mackenzie's)... 13/
Do. (Espelete's) ... 2 .... .
Calais, Dunk, and West
Flanders
Central of Spain ...
Ceylon
Demerara ... ......
Dendre Valley
Dijon and Mulhouse ... 2
Dutch Rhenish 5
East Indian... ..... ss. •••• ........ ••
Fampoux & Hazebrouk 2
Great North. of France

3
1%

1%

7%
2%

(Laffitte's)
Do. do. (Rosamel's) 2 ......
Do. Peppin le Halleur 4 .. ... ...
Do. (Le Boeuf)
Do. (Constituted).....
Great Paris and Lyons 2
Great Western Bengal... ss. —
Great Western Canada... 314 ......
Jamaica S.Mid. Junction 1 -
Jamaica North Midland 1
Do. Extension 1
Jersey
Louvain and Jemeppe... 4 ... .
Lyons and Avignon
Luxembourg ...... 4 -
Madrid and Valentia .... 2 ... ..
Namur and Liege
North Jamaica 1
Orleans and Vieraon ... 10 ......
Orleans and Bordeaux... 6 ...... 104 lOl4
Over TStel 4l3s 4d —
Paris &Lyons(Lafiltte's) 2 ......
Paris and• Lions (Gotn4
noon's) a
Paris & Lyons, (Calon's) 2 ...... 2
Paris & Lyons (Stitt Bat) 2
Paris and Orleans 2O
Pans and Rouen .... . 2O
Paris and Strasbourg
(Ganneron's) 2 ...... 234
,Do4Compte de L'Est) 2 ......
Ditto ( Avmards) 24 Paris and St. Quentin
Rouen and Havre ... 18
Royal North of Spain ... 2
Sambre and Meuse ...... 6
Sthsbourg and Bale ... 14
1 St. Laurence & Atlantic ......
Tournay, Jurbise, Lan-
dent, and Hasselt...... 4 ......
Tours and Nantes (Mac-
kenzie's) .... 2
Do. do (Lefebvre's‘ 2
Ditto (O'Neill's) 2
Verona and Ancona... 3
iyot Flanders .. 4
MINES
British Iron Scrip . 10 .••••• 23% .••
Real del Monte Unregd. i —_, V.'" ..... "..
JOINT STOCK .11.'kex'-'•
London & Westminster. 20

WA

4114
23%
VA
251,4

COMMON PLEAS.—(THIS I)AY.)
(Continued from our Afternoon Edition).
ALEXANDER O. NEWNAN.
The respondent in this case holds a tenement by right of
which he claims a vote for the West Riding of Yorkshire.
The appellant objects that this tenement is but a part of a
larger (estate, which has been divided amongst thirty-six
persons for the purpose of multiplying a vote. By severe/
statutes which were cited on the part of the appellant, it is
enacted that if any tenement shall be split, or divided
amongst several persons for the purpose of multiplying a
vote, that the conveyance by which such splitting or division
is effected shall be null and void. It was urged that such
was the case in this instance, and that the Revising Bar-
rister was wrong in deciding that the respondent, Newman,
should be placed on the list of voters.
On the part of the respondent it was represented that the
Acts in question only referred to cases in which the splitting
was ettented by a fraudulent conveyance, i. e., one in which
the tenement is given eTer witAgut guy Actual m*o of
,
SIN qua by PaYinat.

The CHAIRMAN, in opening the business of the meeting,
remarked that their Noble Chairman was prevented by his
country engagements from attending; while their Hon. Vice.-
Chairman (Mr. Ashley) was detained by his duties of at-
tendant upon her Majesty the Queen Dowager, in Worces-
tershire. He might, however, add, that he had that morning
received a letter from Lord Winchester, wherein he expressed
his regret at being unable to attend, and said he was strongly
in favour of an amalgamation. Of course he need not point
out to them the nature of the three Companies, because they
must long ago have made themselves masters of the whole
project, but he might just premise that the three railways
formed a complete and uninterrupted line from the Soutn-
Western line to the Land's End. The first of these,
the London, Salisbury, and Yeovil, proposed to go from
Basingstoke to Yeovil ; the Exeter, Yeovil, and Dorchester
ran from Yeovil to Exeter; and the third, the Cornwall and
Devon Central Railway, continued the line on down to the
Land's End. The two first Companies came to an arrange-
ment some time ago to amalgamate, and so far as they were
concerned, there was hardly any necessity for• their calling
them together. It was at all times, however, of vast im-
portance that the Directors and Shareholders should be upon
a good understanding, and every important item connected
with the undertaking should both have the approval of
the Shareholders as of the Directors. Internally the ar-
rangements to be submitted to the meeting had already been
agreed upon ; but before going into Parliament it was of
importance that those arrangements should be ratified by
the unanimous voice of the Shareholders, and made fully
known to the public. The Legislature, in the last session,
acknowledged that the object they had in view was of vast
importance; and that object being countenanced by the
almost unanimous support of the population of the dis-
tricts through which their line passed, and in fact
of the public generally, they had every hope and chance of
success. If any Honourable Proprietor wished to ask any
questions, or make any observations on the subject of the
amalgamation, he should be most happy to hear them.
After a pause,
The CHAIR3IAN continued. No one appearing inclined to
make any remark upon the question before the meeting, he
presumed they had perfect and entire confidence in their
irectors, and he, for one, felt flattered and grateful to them for
it. With the permission of the meeting,he would volunteer a
little information. The Times newspaper had lately called
upon all the new companies to tell the public what amount
of subscription they had raised, and the nature and extent
of their funds. Now, as neither the public nor the Times had
anything to do with their books, thmdeclined to comylv with
- - UC
Proprietors, who had a right to know what the state of their
funds were. The amount to be subscribed by the London, Yeo-
vil, and Salisbury Company was 1,500,000/. The deposits were
all paid and the shares distributed, with the exception of some
300 or 400, and the subscription list contained names that
would do credit to any company, not excepting the London
and Birmingham and Grand Junction. The subscribed capital
of Yeovil, Eastern, and Dorchester, was 1,300,C00/. The
deposits were all paid, and the shares distributed. With
regard to the Central Railway. the capital was 3,000,000/. ;
and he might state that the deposits were all
paid, and the capital subscribed for. The necessary
deposits, which were 10 per cent., gave them a very large
sum indeed, but it would be satisfactory to know that it was
fluctuating at interest in the hands of their bankers.
A resolution confirming the amalgamation was then
agreed to, and the Directors having been authorised to take
whatever steps they might deem necessary for carrying the
arrangement out, a vote of thanks was passed to the Chair-
man, and the meeting terminated.

CORNWALL AND DEVON CEN-
TRAL RAILWAY COMPANY.—(THIS DAY.)
A special General Meeting of the Shareholders in this
Company was held in the same room immediately after, to
consider the propriety of amalgamating with the London,
Salisbury, and Yeovil, and Exeter, Yeovil and Dorchester
Railway Companies. Humphrey Williams, Esq., in the
chair.
The usual formalities having been gone through,
The CHAIRMAN explained the object of the meeting. It
was simply the consideration of the resolution which had
been agreed to that morning by the eastern portion of
the line. He thought it as much the interest of the western
coition of the line to amalgamate as any other of the
companies. One great reason was, that a large extent of
railroad could be much more efficiently and economically
managed than a small one. The Chairman, after stating
that he was in the hands of the meeting, concluded by
reading the resolution for amalgamation, which was to be
submitted.
In answer to a Proprietor respecting the whole route of the
lines proposed to be ama'gamated,
The CHAIRMAN said the complete scheme formed a junction
with the South-Western Railway at Basingstoke, from which it
passed by Whitchurch, Andover,:Salisbury, Wilton, Yeovil,
Crcokharn, Homerton, and if,xeter ; from thence the line took
the back bone of the coun:v into Cornwall,
roadorinwall, following
llo)Fvialng.
as nearly as possible the izl ico
Fal-
mouth and Penzance. A line was also proposed
between Falmouth and Plymouth, which would be
of the greatest importance this line was in a great mea-
sure completed; in fact with regard to the whole scheme he
might say that the surveys were in the most forward state.
Nothing would be wanting to complete all that ParliameL:t
required. The sections and plans would be lodged in good
time, and he was sure no error would be found that
would prove inimical to their application. He was happy to
have a little more information to give, which had just been
communicated to him. Negotiaions were at presentgoing on
down stairs, with the Directors of the South Western Com-
pany, which he had no doubt would be concluded
in five minutes, and would result in a total amalgamation
of the four lines from London to the Land's End.—(Cheers.)
He was also gratified to say, the whole capital of the lines
for which they were about •to apply to Parliament was sub-
scribed and allotted, with certain necessary reservations, and
the deposits all paid up.
Mr. CHAPMAN spoke at some length in favour of
the amalgamated scheme, and condemned the proceedings of
the Great Western Company, which he characterised as a
gross monopoly, that had never acted in a manner commen-
surate with the public interests.
Sergeant GAZELEE and Mr. ARCHER followed in the same
Strain, expressing the opinion that the whole of the West of
England were anxious to free themselves from the thrall of
tie ()red Western Company.
After Stitis ftirther discussion the Chairman retired a few
minutes, and on his return intimated that he was happy
to state that the basis of an arrangement had
been just concluded with the Month Western Company and
and the other companies interested for an amalgamation of
the whole. The details would have yet to be settled,
though he might say the principle of this most important union
was settled. (The announcement was received with loud and
general cheering.) He hoped in a short time to have the
pleasure of calling them together, to submit a resolution on
that important question, and now he would put the motion
for which the 131T-sent meeting had been called.
The resolution was then put and unanimously carried.
The meeting, after a N'ote of thanks to the Chairman,
separated.

Sir Robert and Lady Fed wi.l he honoured by a
large and distinguished circle at Drayton Manor next week.
Sir Robert H. Inglis, Bart., M.P., le shortly ex-
pected to return from a tour in the Peninsula. •
We are enabled to state that the Bishop o: Car-
lisle, who, at the close of last week, was dangerously ill .:.:.*
Rose Castle, near Carlisle, his Lordship's episcopal residence,
is now much better.

FUNERAL OF THE LATE HON. CAPTAIN LEICESTER.
—WINDSOR, WEDNESDAY.—The remains of the late Hon.
Captain Leicester (who expired at his apartments in the In-
fantry barracks on the 7th instant), the only brother of
Lord de Tabley, were interred this day, at St. George's
Chapel, with military honours.
CONFIRMATION OF THE ELECTION OF THE BISHOP
OF BATH AND WELLS.—Yesterday forenoon, at eleven
o'clock, the solemn ceremonial of the confimation of the elec-
tion of the Bishop of Bath and Wells (late Bishop of Oxford)
took place at Bow Church, Cheapside, in the presence of a
numerous congregation. Among those present on the .occa-
,sion were Dr. Burnaby, vicar-geneal, Dr. Phillimere, the
pioctor, Dr. Lee and Dr. Twist, the counsel, Mr. Bedford and
Me.. J. H. Tyhe, the registrars, and the Rev. Mr. Trollope,
the curate of the church. The oaths having been adminis-
tered in due form, and the proper service read, the newly-
made prelate retired, receiving the congratulations of his
friends, and the bells of Bow Church rang the bishop's peal.
THE UNITED STATES.—LIVERPOOL, WEDNES-
DAY.—The Hibernia, with the usual mails of the Ist inst.,
is expected to arrive in the course of to-morrow morning. It
know concluded, from the non-amearance of the Great Bri-
WA that ake did agt IVs tko Ma alt.

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