Star.
London, England, 1830-06-23 00:00:00

THE NEW MINGERFORD-M4IIKET.

A meeting of the proprietors of the company for establishing the
above market was held yesterday at the Crown acrd Anchor Tavern
in the Strand, for the purpose of receiving the report of the Direc-
tors. CHARLES S. Lir evax. Esq. in the chair.
The CHAIRMAN congratulated the proprietors on the promising
aspect of their affairs, and requested their attention to the report of
the directors, which was then read by the (leek, and was to the fol.
lowing effect:—
" The Court of Directors appointed pur•nant to the act of Puna.
meat, have to congratulate the proprietors on the advancement of the
measures for carrying this undertaking into effect. The act being
now passed, the proprietors are thereby formed, and constituted a
corporate body, by which the liability of each individual is limited to
the amount of his shares only ; the interests of the whole are legally
secured, and ample powers are given for all the purposes required
in carrying the undertaking into effect. It may be satisfactory
for them to flute, that the act was obtained (it might be said) with.
out opposition, and, considering the general effect and purport of
the clauses and the copious and liberal schedules of dues and tolls
annexed, it must be considered altogether very beneficial to the it..
tenses of the company. It will be seen that the act also provides
for re-constructing and extending the wharf into the bed of the ri.
err, by which a large accession of valuable space will be gained,
and great additional conveniences afforded for landing goods and
passengers, as well for the purposes of the market as for merchar..
dime in general, all which is likely to be very productive of revenue.
" With respect to the capital required, it is limited by the act
to the sum of 210,0001. more than 3.4ths of which is already sub.
saibed, and it is expected that the remainder will soon be com.
pleted. As about two-thirds of this sum will be required for the
purchase of the freehold estates, it must be observed that a large
portion of the shares will soon be called for. of which due notice will
be given agreeably to the act. The purchase of the Hungerford
estate is finally agreed for, and will be completed as soon as the
necroutry funds are paid up, and arrangements will be made for pro.
ceeding with the buildings as soon as the possession of the ground
can be obtained. The report concluded by stating that the strictest
economy would be observed by the directors in the erection of the
proposed buildings, and that a further report of their proceedings
would be laid before the proprietors in November next."
The report was received, and ordered to be printed, and circulated
among the proprietors.
The Hon. PIIILIP BOUVERIE was appointed Treasurer to tie
Company.
' L. B. ALLEN, Esq. asked whether the directors would proctrd
to build the new market before the shares were fully paid up ?
The CHAIRMAN.—Nothing further will be done until the put.
chase is completed. Another meeting of the proprietors will be
called in November, by which time it is expected that all the shares
taken will be paid up, and when that is the case, a sufficient fund
will be formed for carrying the undertaking into effect. The parties
holding shares were so highly respectable that there could be no
doubt of their being paid up.
A PROPRIETOR inquired what progress bad been made whh
the Thames Navigation Committee?
filr. Puaaow, the architect, replied, the committee had granted
the whole extent of embankment requested. As to the proposed
jetty, they still bad an objection to it, but it arose, he believed, out
of a misconception of the case, and that when the matter was brought
forward in the shape it was ultimately intended, he thought DO fur-
ther opposition would be made.
Several other questions were put to the Chairman, who auswertst
them in a manner that appeared to give satisfaction to the meeting.
Thanks were then voted to the Chairman, and the meeting ad.
journed.

Tll
A E 8 TUNNEL COMPANY.—Yesterday- n special
General Meeting of the Proprietors of Shares in the Thames
Tunnel was held at the City of London Tavern. Mr. William
Smith, M.P. in the Chair. Various ways of completing the XX.
dertaking were submitted to the Meeting ; but they were all con-
sidered as ineligible, and the Meeting geoar•ted, after a great
deal of discussion, which ended in nothing. Sir Edward (\hi-
rington proposed a petition to Parliament fur aid in the under.
taking, as the Duke of Wellington had distinctly said that o
aid could be expected from (lovernmsnt 4 but the Meeting did nut
concur in the proposal. It was said that the plan which had been
proposed some time since by Mr. Blond was the only one that
was deemed eligible.
For several days past the letter H ciil i‘ion of the New
Police, stationed in the eastern division of the metropolis, have be, n
assembled in the Tenter-ground, Unodman's.fields for the purpu.:
of being drilled. The manner in which they pert:slued their evolu-
tions, or. the first occasions, caused no little mirth among the epee-
tators, and gave evident proof that the majority of them have not been
in the army, as is, we believe, generally supposed to be the case.
A BET SETTLED.—A bet of some two or three yew
standing, for a purse of forty dollars, was decided I this city yesttr.
day forenoon, by what may be justly deemed an extraordinary pet-
formance. A man carried upon his shoulders, from one of the bunks
in State-street to the Windmill at Wheeler's Point, a distance of
about one mile, without once resting, a bag containing three thou-
sand diallers, and weighing upwards of ime hundred- and eighty
pounds. A gentleman, who witnessed the performance, informs us
that the operator did not appear much fatigued at the end of his
journey. though his face was not unlike a piece of red baize. His
wind and strength did not fail him for a moment..--Bus fen Papce.
SUGAR DUTIES.—The resolutions of the Chancellor
of the Exchequer to govern the sugar ditties, do not propose an ml
eaforent duty. but a rated duty, on a descending scale, from •
fixed duty beyond a given price. Mr. Huskisson assumes the ave-
rage price to be 265. All sugars, therefore, .slued at 26... Id. acd
upwards, pay the present duty of 275. per cut.
Nut exc-sting iris. duty
Ditto 23.. do.
Ditto 2:s. do.
Ditto 205. di~
As Mr. Huskies's) observes, sugar, moth 64e. hag price, de.
ducting duty,' 275. leaves a ret price of Vs. subjtc., of sours-.
to the highest duty. But when he states that sugar, sold
for 475. lung price, would only be liable to a duty of 20s. leasing
to the importer also in that ease 275. he proceeds upon an etioneou•
principle; for it is obvious the sugar which would produce to
the importer 275. would be subject to the higher duty ef 27h-
He proceeds upon the supposition, that in ca.culating the short
price 275. the present duty mu-t be deducted from the long price
which the sugar sells for. The ret of Parliament, however, which
regulates the weekly averages, and the return madei by the Clerk
to the Grocers' Company, states the Casale price to be **ex-
clusive of the duty of customs paid or payable thee on." Idi
Mr. Huskisson's statement, sugars selling for 475. long pie.,
would give the importer 275. net, or the same as lie would teenier fur
the sugar selling at his; and it is clear that the former, from its
relative quality to the latter, would continue to fetch the sante (long
rice) in the market, whether it is to pay Wis. or 30s. duty ; and
it follows that the importer would not cootinsie to parches, abroad
fine sugars to sell at the sante prier as mane sugars, which he
would be able to produce or purchase at avouch lower test cesl. li
cannot therefore be doubted that the sugar tabs at 475. bog pries;
would (by the present law affecting the averages) be subject to a
higher duty than Ns. It therefore becomes necessary to ascertain
what pastas of the 475, for which sugar sells in the market, would
be in the tape of duty, and what would go Ws the pocket of the
barmen Now, it appears that the sheet peke &Milted for it, or
as which it muse be entered, would be Mlle. per ewe. Empr of that
value, by she seals of duties, It/8W be liable is a duty of Ns,—
togedter 475, leaving 23e, instead of 27a, to the importer, 138. per
cwt. being 3s. per cwt. move doe be ells 'beds at the pease duty
Of 27.. swt..-14iies.