The Sun.
London, England, 1844-09-24 00:00:00

b Ebition

SUN OFFICE, Seven o'Clock.

PRICES OF SHARES
11! CANALS, RAILWAYS, BANKS, ASSURANCE
AND OTHER COMPANIES' STOCK.

LONDON, TUESDAY, SEPT. 24.

Thvidend
Per
Annum.

Amount

Nantes ofCom-
panies.

Paid.

per cent.
41.

Canals. L s. d.
Ashton and Oldham... 07 n 0
Ashby.de.la.Zoueh..av 113 0 0
Basingstoke 100 0 0
Breckneck & Abergay. 150 0 •
Birmingham,l.l6thsh. VlO 0
Do. and Liverp. Juice. 100 0 0 100
Cheltner & Blackwater 100 0 •
Coventry 100 0
Cromford. ....... 100 0 0
Dudley 100 0 0
0
Da übe and Mayne.... 100
41 13 4 41
Ellesmere and Chester 133 0 0
Erewash 100 0 0
Forth and C1yde..,.,,,,, 100 0 0 100
Grand Junction,.... 100 0 0
Grand Union ....... OO
Grand Surrey
Grand We5tern.......... 100 0 0 .00
Glamorgansh.; ay. post 172 18 4
Gloucester & Berkeley
1100 0 0
60 0 0

41. 10i.

4 r,eritiat.
4/.
40/.
.15s. •

11:54.

if 17s. 80d.

J 341.
.I.los.
SU.
IW.
W.
701.

SL
104
104
17:.
SOL

17131._

101.
0 percent.
93 •
004
IL 11&
151.

sez.les.

104

I.

cent.
4 per cent.
ell per cent.
4 per cent.
31.10 x.
3 per sent.
per seat.
1154 per cent.
4 per cent.
4 per cent.

111 per oast.
U..37ed.
181. Id.
Mr cent.
78.

Si. les.
per cent.
6 per cent.
6 per cent.
s. 6d. pr

....
/. Irk.

Vape7sent.
i'di• per ab.

1K Per ah.

11. 44.
11. 15e.

57 6 8
Kennet and Anon ...ay i M 18 10
Lancaster 47 6 8
Leeds and Liverpool... 109 • 0
Leicester •••••••••••• • 140 8 8
Leicester & Northanip. 83 10 0
Loughborough 142 17 •Monniouthshire 100 • •
Mentgomeryshire....... 100 6 0
Melton M0wbray........ 100 0 0
Mersey and 100 0 I
Macelesfield....... .. 100 0 • A,
Heath 100 I I
Oxford 100 0
Peak Forest..—......„av i 78 • 0
Regent's (oi Landon).. 36 16 S
air 25 • I
Shropshire 195
Somerset Coal 150 • I
Da. Lock Fund Stock 19 10 0
Staffbrdaad Worcester 1140 0 6
125 0 I
5t0urbridge................ 146 0 0
Stratford-on-Avon...ay .79
..... 100 0. 0
Severn & Wye & Rail. 98
Trent & Mersey, &b. 50 • 0
Thames & itedway..av 19 5 8
Warwick and Birming. 100 I 0
Warwick and blapton... 100 0 0
Worcester & Binning. 78 8 0
Wilts and Berks......av 07 10 9
Wisbeach 105 _0
Wey and Anat. 11• ....• •

Dooks.
Commercial .....
.. .. 100 0 0
East and West ln.slia... Stock
London - Stook
Ditto Bonds .............
Bristol ~.....,......«..a, 147 0 0
Do.Bnds, var. amounts i
St. Katharine...„.„.„
..I Stock
Ditto 80nda..........
Ditto Bonds ......—.....
Southampton .••........... 3° ° 0
Uri dges
Hankneranalth......... 48 0 0
Southwark, new Subs': 63,, 52 !
Ditto New of 7% pr c. a" " •
Waterloo.... ....... ..., 1 0
Ditto Old Ann. of /3..4 .
Ditto New ditto of 7/..00 El
Ditto Bon
Vauxhall.

(per cont.
pee ccnt.
ALP. andl
114041, be.

6pt4cent.
zwr cent.

4:ra per cent
OPer cent

Assurances.
500 0 0 50
Alfred 25 0 0 b
Alliance Brit. and eer 100 a 0 11
Ditto 100 0
... 50 0 0 5
Birmingham ... 25°_, • ! 35.
British Commercial . a
Cler. Med. k Gen. Life 100 • 0 I
County 100 10
10 • 0 " 6
Economic Life lOOO 0 0 050
European 20 0 0 Al
Atte New........ ...... 20 0 0
Freemasons 2O Q 0 3

Globe ............ - Stock
Guardian ...... lOO 0 ° 30
Hope Life .... 25 0 0 '
Ditto Fire 25 0 0 2
Imperial Fi.e... ... 5OO 0 0 50
Ditto Life... lOO 0 0 II
Indemnity Marine lOO 0 0 5
Law Life lOO 0 0 10
Legal and General Life 50 0 0 2
London Fire 25 0 0 12
Ditto Ship ....... .... . 25 0 0 12
National .Loan Fund.: 20 0 0 2
Neptune Marine SO 0 0 2
Palladium Wt....- 5O 0 0 6
Protector Life. .... .... 20 0 0 1
Provident Lite lOO 0 0 10
Rock Life 5 • 0 10
R-yal Exchange Stock
Sun Fire.. ...........
Ditto Life 7.............
,„.
University Life....... .
.. lu°
. 0 0 5
Universal Life..,..... 100 0 • 0
Union Fire and' Life... •
20° ° °
Joint Sik 311anks
Au5tra1a5iv............. 42 0 0
. ..... ~.
Ditto New .... ' 40
..
Brit. North American 50 0 ° 50
Commercial et London 20
Colonial ..... .. ... . . 100 0 0 25
London & West"M.
in"st.; 100 0 0 20
Ditto New.... ..... . 190 0 0 20
London Joint *Steck.... 59 0 0 1°
Metr0p01itan............ 26 0 0 7
Provincial of.lrelanA.... 100 0 0 25
Ditto New..„.' ... .... 10 0 0 10
National of Ireland.„. 50 0 0 17
Nat. Provincial Englnd 100 0 0 35
Ditto New.............. 20 0 0 II
Gloucestershire.....,.., 50 0 • 10
Union of Australia 25 0 0 25
Union of London 5O • 0 10
Gaslight & Coke I

13 4

0
00

0 0 0

Bath..- ...
, ......... 20 0 • II
British 49 • 0 111
Ditto Provlsicial 20 0 • 19
Birmingham.......... 77 10 0
Binning. & Staffo;dsl 3O • 0 SO
Bristol ..... .... ..... 2O
~0 ,0
Brighton... ..... 2O 0 0
Ditto General 2O 0 9 20
City of London
Ditto New..... ...
Continental Coil
Ditto Novr 5O 0 0 "

Equitable ....««....««... ••••••••••••••
50 v
Isle Thanet • 0 Y•
Independent ..„.,„...„ 30 • 0 90
Phenix •......••«•.••••..•• 50 • 0

100 o o i•
South Metropolitan..,.. 50 • • 25
United Genera 1........., 84 0 0 48
Westmins. Chartered.. 54 I •
Ditto New................. 40 • 8 10
Water Works.
Elnningham 25 0 0 25
East L0nd0n....—...... 100 • 0
Grand Junction .ay 41 13 4
Kent l5O •
Nw Riv Lon. Bride An
Manchester andSalferd 30 0 0
Vauxhall, late S. Lond. 150 0 0
West Middlesex .av 83 12 •
Yrk BuldgCo.Les.Prop 100 • 0

Iron Railways. 1
Birmingham & Derby t 100 0 0 100
Binning. & Gloucester 100 0 0 100
Bristol and Exeter llOO 0 0 71
Caledonian ~....« 5O 0 0 5
Chester and Holyhead 5
Eastern Caunties......,. 95 0 0 23
Edinburgh & Glasgow 50 0 0 50
Grand Juncti0n..,,,.;.., 100 0 0 100
Great North of Engld 100 0 0 100
Gre4t Western ........„ 100 0 0 15
Ditto Half Shares 5O 0 0 50
Ditto Fifths .. .. ... „ 2'o 0 0 12
Harwich (Braiib..waite) 20 0 0 S
Hull and Seib, ........ . 50 0 0 50
Lancaster and Carlisle 50 0 0 5
Leodt and Selby ...
Liverpool & Mane; est r 100 I 0 100
Ditto Half-Shares 5O 0 0 50
Landon and Brighton.. 50 0 0 60
Ditto Loan N0te5....., 10 0 I 111
Landon and Bl.ckwall 16 13 4
London and Greenwich 12 15 4
London and Birtningh. 100 0 0 100
Ditto Quarter-Shares 2
Ditto Third 5........"
London and C. Western 41 6 10
London and Croydon, 13 15 9
Manchester and LeeSs 100 4 0 711
Ditto New Shares....., 50 0 I 30
Manchstr and firming 70 0 0 40
Midland Counties lOO 0 0 100
North British ..
Norwi h & Brandon
Northern and Eastern 50 0 tl 45
Ditto Scrip, iss.s/. die. 50 0 t, 15
Paris and Orleans. Si) 0 0 20
Paris and Rouen .... ....- 20 0 0 20
Rouen and Havrb 9O 0 0 10
Stockton & Darlington 100 0 0 100
South East. and Dover 50 0 0 50
Yarmouth and Norwich 20 00' 13
1 ork and N. Midland... 50 0 0 50
Ditto New Shares 25 0 0 i 25

Mines.
Albion Coppor 5 0 0 :I.
Alton .......... ....... 15 0 0 14
Anglo Mex., iss.s/. p.m. 100 0 0 1100
Ditto Subseriptioo 1155
BoLsnos ...... 150 0 0 0
Ditt.i .....
Brasil. Imp. 44.5/. p.m. 35 0 0 21
Do. Mocaub. & Coe. U. 25 0 0 25
Do. St. John Del Rey 90 0 01 13
British Irma lOO 0 0 175
Candonga....... 20 0 0I 7
Ditto Registered
Cobre Copper ..... 40
Copiapo I 90 • 0 13
Columbian, iss. 54 p.m 55 0 0 55
General
Hibernian ...,...»......... SO 0 0 10
Imperial Slate Compy lO 0 0 3
Mexican OO 0 0 89
Mining Co. of Ireland 25 0 I 7
Real del Monte, Unreg
Ditto Loan Notes — 180
Rhymney 1r0n........, Si 8 8 50
Santiago de Cuba...—. 25 0 0
United Max., isati.pm. 40 I 0 40
Ditto 2erip
Ditto
New scrip

- i
- I 3

Zit crazy. i
Londnovith Sin.Tleket I 75 0 0
London University..... 100 0 0 100
Russell ....
King's eall.e7t:
•••••`••«„ 25 0 9
100
. •...
Miscellaneous.
1 Anglo Mexican Mint.. 10 0 0 le
Australian Agrieultur. 100 II / SO
Brit. American Land,. se • • 35
ICanada
Canada . Binds. . lee • e ; 32
Upper .
Oen. Steam Navigation 15 S 0 14
Iberian Mercantile Co. ; e2ell
Ditto Property
Met. wood Pay., iss. 1/.
Mex. and S. American
New Brunswick (Lend)
I
New Zealand .. ••.
tenins. & Orien. Steam I 50 0 e
Royal Mail Steam ......
Reversionary Int. Soc.
South Australian .......
Thames Tunnel.. . .... -- -
Van illemen's Land ...I 20 0 0

!o 0 0

LUST OP SCOTTISH COMPANIES' PRICES.

per cent.
0 per Gent,
• per cent.
0 per cent
7 per cent.
0 per cent.
Iper cent,
0 per feet.
Tper sent.
pee cent.
Apar cent.
Cprr coat
Zit•
g•impt,
gear

L

^-J * - 1

SEPT. 2, 1844.
1 Bank of 5c0t1and.......
Royal Bank ..............
British Linen eompny.
Commercial Bank ....- .. •
Glasgow Union Bank.. .
Western Bank . -. .. •
, Central Bk. of Scotland •
Caledonian Insurance..
Hercules Insurance. -
North Brit. Insurance -
Insurance Co. of Scott. -
Edinburgh Life Insur. •••
ScotUsh Union Insur... -
Standard Life Insur.... -
Dalkoith Railway .•••••• •••
Adin. and Glas.ltaihry i ....
gamut
,fl',' eon. Rail I ...
Ara Rai/. I ...
•

,-,,t /::-.::i
..\'..":-,' t-,;/

SPIRIT of the PUBLIC JOURNALS.
FROM THE EVENING PAPERS OF THIS DAY.
GLOBE.—In answer to the demand for corn--
rents along with leases, a question has been put at
which we are not much surprised, considering the
quarter whence it emanates, but in dealing with
which we do not anticipate much difficulty. It is
asked, why corn-rents only ? If the farmers' rents-
are to be calculated according to the existing price of
his produce, why not also his taxes ?—why not
everything we purchase ? Now, there is one
very
.simple answer to this. Supposing it were
so, into whose pocket would the difference go ?
Whatever the farmer managed to save in low-
priced years, would only serve as a help to
.meet
his ever-recurring difficulty—rent. This objection
—conclusive as it appears at first sight—is but one of
the many ingenious devices of the landowners for
keeping together a little longer their system of
a monopoly rents. The readiness of the landowners,
to° as a class, to adapt themselves to every change in
107 the state of public feeling or circumstances,
315 is really wonderful. When the manufacturer
I 66
450 pointed out to the farmer how closely united
0 62 1110 were their common wants; how their joint inter-
-
... 1 23 est lay, in fact, in getting their raw material—the
-
o 0 20 farmer his land, and the manufacturer the land's pro-
'
- 220 duce—at the cheapest possible rate, the landowner
136 8 proclaimed aloud, with the stunning authority of a
-
-. 14 Lord Peter, that the identity of interest lay between
- 10% him who let the soil and him who hired it. When
_
v
- 640 he found protection slipping slowly, but surely, from
- 141
_
71 his grip, who so urgent as he to teach the farmer not
-. 1140 to rely on protection, but on his own industry?—
- 164 who so unceasing in his endeavours to persuade the
_
- 117 farmer to expend his capital in improving his land-
J 1 paid
- 36° lord's soil ? When the counter-cry for leases arose,
/6
- 365 what beautiful effusions upon " mutual confidence,"
- 52 —what " noble sentiments about " the old ancestral
_
- ss relations !" And now, when it seems soms few leases
_- 1206° have here and there been wrung from them, and it is
~.. 190 found to be impossible to calculate a rental that shall
- 48 11 give any real security to the farmer ; and it is there-
-- 0
220 fore reasonably enough demanded, that if the present
- 9'30'0 system is to be continued, rents shall rise and
. 240 fall with the fluctuations which that system
4 creates ; the reply is, in heartless mockery :
95
10 "Oh yes, have corn-rents, corn-taxes, and every-
-367 thing else that your hearts can find to desire." 1.22
f,B We thank the organs of restriction—let it not be,
12 called " protection"—for their implied admission.
Their system necessitates injustice to the farmer,
ramifying through all the relations of his social life,
72 the only remedy for which needs but to be named to
137}6 show that is impossible. That the sliding-scale is the
15
real cause of the enormous fluctuation in prices, we
apprehend cannot now be doubted. It may be conceded,
-117 that under a perfectly free trade between all the nations
101,, of the world, there would be considerable fluctuation in
the produce of different countries in the same year,
and some even in the aggregate production of different
el% years. But two causes would materially operate to
16
3 lessen the fluctuation itself, and still more its effect
2upon prices. Were the trade universally free, the
aggregate demand would be known ; and would be
%
et
lso the more effectually provided for, because every
00% farmer would be sure of a market for an occasional
surplus. And this, which provides for a supposed
19 ag-
0
o • 7N gregate surplus, would also greatly modify the ill con-
•
O 0 IN sequences of a partial deficiency. It may be stated, in-
°. 0 -6X deed, as a statistical axiom, that the more wide the extent
o 0 stes
9 of surface from which the produce is to be drawn,
10 0 0N
• • 7 the less will any fluctuations in its quantity be felt.
0 0 But the sliding-scale narrows and cuts down the
0 0 a% extent of surface, embracing all Europe and America
• 0 400 in its range, to two islands at the antipodes of each
11 paid 20 other. In so large a proportion, therefore, does it
• IP 11.'1St exaggerate the otherwise slight and harmless effects
- 140
34 of an occasional badness of the seasons. The sliding
is • so
10 •/ 6, scale causes the fluctuation, by which the farmer is
10 (3 0 0 188 the first to suffer. When the landowner, for whose
• • 1534 benefit alone it exists, at this cruel cost to his
12 I 27 immediate tenants and dependents, is asked to
o : ival interfere, his reply is—that it "depends on cir-
to 0 • cumstances over which the landowner has no
10 15
10 0 2 control ;" that so far as corn-rents may be of
• o n • 40a service, he will concede that requirement when
.
•0 i 21a. the farmer has obtained a similar concession from
:• : 23} every one with whom he may possibly have
---- , 182 dealings' Really, since we hear so much about
- tos " identity of interest," we shall be very glad to be in-
_
O 0 .42 formed in what it consists. It is clear it does not con-
-60 i lbJ 15 sist in concessions by the landlord. It does not con-
sist in giving the farmer the free use of his capital ; or
o e 59 the labourer the free use of his hands ;it does not
0 4934 consist in leaving to either the freedom of their con-
-43 science; it does not consist in the security of a lease,
0 so
0 IN or the equity of a corn-rent. In the utter absence of
o 0 26} information from those who most insist on it, and
•
e e /4 therefore ought best to know, we can but come to one
10 0
4.„ conclusion : the " identity of interest" between the
3 3 1.3- farmer and the landlord, consists in the farmer strug -
10 I 1656 gling to give, and the landowner taking, the highest
• 0 33
• • 934 possible rent that can, by any manner of means, be
• : 11 squeezed out of him.
ee i. STANDARD.—So long as agricultural meetings
promised to minister to the splenetic feelings of cer-
• • se tain mock- Conservative opponents of the Government
0 0 20 —so long as they afforded opportunities to a few can-
- leo kered and dissatisfied individuals to abuse Sir Robert
• 0 0 Peel and denounce his new tariff—they were re-
- so
.... 23 garded with peculiar favour by more than one of our
•
0 0 73( daily Contemporaries ; and an importance was at-
-0 • 150 tached by them to the more objectionable portions of
6 0 73 their proceedings, which could not be said fairly to
• B2 7
0 o 0
belong to them. There is no public meeting con-
-0 0 84% vened, for a purpose however laudable, whose
: : 343 harmony may not be destroyed, and its use
I• • 0 sli fulness impaired, by some noisy and ill-conditioned
76
o • 80% person, who may persist in throwing the apple of
• 0 2816 political discord among his audience. To such clis-
-1" • 11 sentients the untried tariff of Sir Robert Peel
afforded an apparently exhaustless theme; and the
o • 28 benevolent and praiseworthy objects of agricultural
- 220 meetings were tolerated by their newspaper instiga-
_ 83
26 tors solely for the sake of such demonstrations. It
- oe was soon found, however, that the introduction of
- l2O 57
_ 6% political questions at such meetings was calculated
-
se to impair, if not wholly destroy, that power for
-
the attainment of a common benefit, which nothing
• but union can secure. The leading objects of agricul-
: : •76
10% tural associations are, or ought to be, to promote
•oI 80 feelings of harmony and good will between the
II 0 4%
O 0 ex landlord and tenant, and the tenant and his
e e to% servant; to remind them of their mutual obliga-
-6 0 6656 Lions ; and to supply a stimulus to industry, intelli-
-0 0 212
O 0 123 gence, and good conduct to the latter; and to afford
0 • 14! occasions for the diffusion of agricultural science,
o • Bb% .
0 0 26 and the reciprocation of that most useful of all
o 0
Toff
0 0 knowledge, the practical knowledge derived from ac-
-0 o 6% tual experience. These are objects with which party
oe 00 ry7 politics can have nothing to do, and it has there-
: : 104 fore been wisely decided that political topics should
• 0 it be excluded, for the future, from such re-unions.
t
-0% This resolution has proved highly distasteful to those
0 2 journalists who were in the habit of illustrating from
e 16)%
: : 24 such displays their own cankered views of political
.7114 affairs ; but, most of all, to the pseudo-Conservative
• 0 Ile% opponents of the new tariff. They had hoped to reap
20
o • 32 an abundant harvest of discontent from such
0 0
1t72 meetings, and their prophecies sometimes ful-
I• • ,1 filled themselves. Since the declaration of Lord
S 0 15;4 Noreevs, sad the determination which has been
e 3 :54 rliewgera exhibited to exclude political dia-
." 0 SS cussion from agricultural meetings, however, they
: : Mt have fallen a hundred per cent. in the estimation of
0 0 265
1 % this order of politicians, and have become, in their
o o , sa
• 0 , 28ss estimation, either altogether useless or absolutely ridi-
0a , lot culous. It is not surprising, therefore, that the pro-
()0 51%
1 ceedings of the South Derbyshire Agricultural Asso-
-1 0 134
ciation should have excited in an extraordinary degree
10 0
the anger of these atrabilious gentlemen ; for although
0u 1 2 one of them deals in grave regrets, and the other
e
° ' , 73% in that cheapest of all munitions of political
0
- 1
• 1 0, warfare, ridicule, they both work in one team.
• • 1 69 4 The conduct of Mr.
Colvile, in congratulating his
0 0 ism audience on the banishment rom agricultural meet-
-10
0 ; ings of political discussions, would of itself have sub-
-10 0 ; 20 jetted him to reproof on the one hand and sneers on
II : I 2P4 the other; but his explanation to the less correctly
e e 1 iv{ informed of his audience, that the introduction
I: : 1 of American cheese into this country had
0 4
0 0 benefited the poorer classes, without dimi-
nishing in the slightest degree the profits of the Bri-
e 0 I 118 4% tish farmer, appears to have provoked the gravest
•o I 9 condemnation. Mr. Colvile showed how absurd and
e 0 24 premature were the complaints of the new tariff, by
0
_ o s s proving that, although it was perfectly true that
10 e 4 American cheese had been imported in large quan-
tities, the effect had been simply to super-
-
0 0 11 sede the use of Dutch cheese—a commodity for
7
- ' a which an enormously larger price than its quality
9 u 16 warranted has heretofore been obtained. From
his statistics on the subject we may infer that,
e 0 14% instead of the importation of cheese having increased
1: : 17 by reason of the new tariff, it has diminished during
11 o' 41 the last ten years by nearly 32,000 cwt. ; whilst the
- , 104% consumers of that commodity have been augmented
o
0 ! %
311
upwards of two millions ! This is of course a "great
is 0 skim,
• I f 16 fact" on the wrong side ; but it is one which ought to
' 06 (1: ' vi suggest to farmers the necessity for making themselves
0
0 I ,o4 acquainted with the geneial- results of a measure of
o
, 8 6 ' 63 , which they profess to disapprove, before they complain
- - 3214 of it. Beside the farmer is not insensible to the
ea o 0 100 0 0 104 csmforts of his labourers, and if so, he cannot fail
1.. 0 0 to 0 0 31
a 30 0 0 3% !to have discovered how vastly superior is the qua-
..(lo 0 . 4 lity of American cheese to the trash it has super-
' seded- With regard to the alleged decline in the
prices of British chesse, we can only add, that if
the statement be correct the British consumer has
176 yet to become acquainted with the fact For
! 168 ourselves we believe, that although it has
stso
,as afforded excuses to the manufacturers to
deteriorate
the quality, it has led to no substantial
Ireduction of the price of that description of cheese
00 0 23 which used to form the staple of the market. The
0 19%
0 0 4 0% i 2214 I same remark will, we believe, apply to meat ; and yet
10 9 . 13
0 the poor have been greatly benefited by the change.
ensurerivalled
el
se .
e o i 21s. The pressure was at first great, but as in England the
10° 0° 3(1% quality of the commodity will always
pre-
-0• 1 121 ference, and as that quality is rarely
°►
i where, it was soon found that the competition,