The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1844-11-12 00:00:00

THE LIVERPOOL STANDARD.

Mr. BUSHELL was sure the Council would find, ulti-
mately, that no saving had been effected. He was sorry
the argument had been used, because he thought that
since they bad devolved on Mr. Shuttleworth the impor-
tant duties of the Town-clerkship. and loaded him with
more than the late Town-clerk had to bear, it would be
unjust towards him to lower the salary. (Hear.)

Mr. PROCTER said he should vote for the' £2,000 a-year ;
but that he could not agree with those members who sup-
posed that a saving would be effected, particularly if they
appointed a Prosecuting-clerk, at £3OO, and a Clerk of
the Peace at £5OO a-year.
Mr. SHUTTLEWORTH said the present cost for Town-
clerk, Deputy Town-clerk, &c., was £3,700, and that if
the present proposals were carried out there would be a
direct saving of £3OO a-year. Hear, hear.)
Mr. SHEPPARD.—Mr. Mayor, I trust, under all the
circumstances of the case, that Mr. Alderman Moore
and the gentlemen who advocate the reduction in ques-
tion will now see the necessity of withdrawing their
amendment. It is, sir, admitted by all that a more effi-
cient person cannot be found than Mr. Shuttleworth ;
therefore I see no reason to reduce the salary. The du-
ties of the office are very extensive, and the responsibili-
ties great ; and, consequently, I think the Town-clerk
deserves the amount proposed—viz., £2OOO per annum.
I voted in the minority on the last division, but most
assuredly I will, if the Council divide upou the motion,
now vote against the reduction. I respectfully, but
firmly, call upon the gentlemen concerned to give up
their opposition, and to let the resolution pass unani-
mously.
Mr. SANDS also spoke in favour of granting the £2,000
a-year, after which Mr. Moore consented to withdraw the
amendment.
The original motion, appointing Mr. Shuttleworth
Town-clerk, at a salary of £2,000 a-year, having been
carried, that gentleman proceeded to the seat on the right
of the Mayor, usual), occupied by the late Town-clerk,
amid loud cheering and clapping of hands.
Sir. T. BRANCKER congratulated the council on the ju-
dicious choice they had made, and said they would never
repent of it; that Mr. Shuttleworth would do his work
like a workman ; and that he would stand higher, if pos-
sible, in their estimation that day twelve months than
even he did at present. (" Hear,' and cheers.)
Mr. MooRE again explained, that, in submitting his
amendments, he entertained the highest opinion of Mr.
Shuttleworth's legal fitness for the situation.
Mr. SHDTTLEWORTH having taken the usual oath, and
signed the declaration as Town-Clerk in the presence of
Mr. Sands and Mr. John Holmes, delivered the following
address :—The council having been for some time occu-
pied with routine business, I shall not attempt to trespass
on their attention with any lengthened remarks ; but I
hope you will allow me to express my grateful thanks for
haying appointed me to this high and important office.
That the council could have selected a more able man I
readily admit ; but they could not have appointed any one
more resolutely determined, by energy and zeal, to atone
for his other deficiencies. (Hear, bear.) Nor could they
have selected any one more ardently devoted to the best
interests of the great estate, the affairs of which this coun-
cil is called upon to administer. (Hear, hear.) I shall
not detain yon longer than to express my hope that my
conduct in the office may be such as to show the council
and the public that their confidence has not been mis-
placed. (Cheers.)

MEETING OF THE. BIRKENHEAD
COMMISSIONERS.

The monthly meeting took place on Tuesday evening
last, William Jackson,' Esq., in the chair.
A letter was read from Mr. John Deane Case, tender-
ing his resignation as a commissioner, (of which he was
chairman,) he being about to remove to another district.
The CAAIRMAN said he regretted the circumstance.
No gentleman not a ratepayer, or not possessing property
in the township, could be a commissioner, and this had
been the cause of Mr. Case's resignation.
Mr. BENTHAM proposed as the only qualified person
to fill the vacancy, whether as the largest landed proprie-
tor, or as the person to whom the township was most in-
debted—Mr. Jackson.

Mr. WATSON seconded the proposition.
Mr. JACKSON returned thanks,.stating that he would
ever equally protect the rights and interests of the land-
owner and the rate-payer; and that he hoped the same
unanimity which bad hitherto existed' amongst the mem-
bers of the board would continue to exist, so that they
might shew an example to other places that " union was
strength."
The appointment of Vice-Chairman, caused by the elec-
tion of Mr. Jackson to the office of Chairman, was post-
poned until next week.
The CHAIRMAN moved a vote of thanks to Mr. Case,
which, accompanied by a handsome eulogy on his services,
was carried unanimously.
On the motion of the CHAIRMAN it was agreed to pur-
chase 3,000 yards of land in Cleveland-street, at 7s. 6d. a
yard, for the erection of a police-court, magistrates'.
room, and bridewell. It was then agreed to sell in De-
cember, by public auction, about 70 acres of land skirting
the park. It was also agreed to take pro temp Mr.
Brassey's house, Hamilton-square, at a rent of £125 for
offices for the Commissioners, their officers and clerks,
the present town-hall being inadequate.
The CHAIRMAN said he was of opinion that the board
would derive £lOOO a-year front the new market, and that
they would have a surplus by selling the land round the
market, on part of which the present town-hall was built.
The Market Committee presented a report relative to
the recent falling of a portion of that yet uncovered build-
ing by the force of the gale of Saturday week, from which
it appeared that the walls, &c., were perfectly substantial;
and that had the cross-walls, to be built for the shops at
distances of ten feet, been erected, the accident would
have been prevented. Another report was submitted by
Mr. Cole, the surveyor, showing that the walls, &c., of the
Birkenhead Market, when completed, will be stronger
than those of Gill-street market, or St. John's, on this
side.

The CHAIRMAN then left, as he hal to proceed imme-
diately to London. and Mr. J. S. Jackson was appointed
to preside in his place. He remarked that he hoped the
newspapers would notice the reports relative to the mar-
ket, as they showed that the falling of a part of the walls
was purely accidental.
The Ferry Committee presented a very favourable ac-
count of the receipts for the last month—admitting that
much was due to the vast concourse of persons from Liver-
pool, who had attended the festival. The receipts in Oc-
tober, last year, were £1,138 12s. 7d. ; the receipts of
October, this year—£2,224 19s. Bd. ; leaving a balance
in favor of the past month of £1,086 7s. ld.
Mr. BROWNRIGH asked whether there was any truth in
the report, published in the Mail of Saturday last, as to
" there being whole streets of rubbish in the township,
plastered with cement, and built by rogues, &c. ?"
The CHAIRMAN replied there was not. Every build-
ing had been erected under the building act, which was
more stringent in Birkenhead than almost any other place;
but there really was no use in contradicting what appeared
in the Mail. (Hear, hear.)
A vote of thanks was unanimously passed to the Nor-
wich Union Insurance Company for having presented
the township, on the 23d of October last, with a very
valuable fire-engine, with the requisite appurtenances.
The board then adjourned.

CORRESPONDENCE.

SHIP-BUILDING.

TO THE EDITOR OF THE LIVERPOOL STANDARD.

Sin,—Most writers on shipbuilding have shewn that
every good quality in a ship, such as stability, the true po-
sition for her cargo, with insurance of safety in a gale, de-
pends on the correct point on which the gravity centres ;
to this all scientific men have fully assented, yet they have
all left us in the dark with respect to its true position.
Scarcely two have agreed as to its height ; some are for
fixing the centre of gravity low down, others as near the
line of flotation as possible, from which two points there
are a great variety of opinions. Experience and prac-
tical results have shewn, that by raising it as high as pos-
sible the ship becomes less laboursome, and therefore less
liable to injury in a sea, and the adoption of this principle
will greatly add to her capacity above her load line,
through which she fully supports her canvass in a gale.
This opinion is supported by the following practical re-
marks. What would become of sailing boats, such as gigs
and skiffs, whose canvass surpass in quantity (by compa-
rison) all other vessels? yet they pass through a sea with
ease and safety, having no other ballast than from four to
ten men, and often more, whose position raises the centre
of gravity above their gunwalls. Again : where is the
centre of gravity of our first rate ships, with four tier of
guns, whose height and weight above their line of flota-
tion far exceeds the parts immersed ? yet they have been
proved the safest of all ships in a gale. Again : load two
ships, of equal strength, size, and form, to the same
draught of water, one with timber, the other with iron ;
the latter will strain in a sea, to her great injury, when
the former, under the same circumstances, will perform
her voyage with ease and safety. Lastly : how many ves-
sels, through the correctness of their form, are not only
able to shift without ballast, but even work to windward.
These remarks will go a great way in establishing a prin-
ciple, that the perpendicular position of gravity, in the
formation and building of merchant vessels, should be
raised as high as possible, to promote ease and safety.
I am aware. from the nature and quality of which mer-
chant-ships' cargoes are composed, a correct standard
cannot be obtained : this trifling uncertainty ought not to
lessen the responsibility in the construction of a ship. The
centre of gravity remains
an unsettled principle with the
learned, as to a fixed point in the fore and aft direction,
a point of all others most essentially necessary to the for-
mation of a ship's body, on which alone depends the qua-
lities of capacity, stability, and safety ; yet to this magic
centre no theorist has come to anything like certainty;
whence arises that diversity of opinion, produced from
vain speculations, whereas common observation and expe-
rience directs to the half-length of the ship as a natural
position for her main transverse section, for this one rea-
son, among many that may be deduced :—if the midship
bend (dead flat) is stationed at either of the extremes, the
centre of gravity, and with it the centre of displacement,
must follow, or it must be removed by artificial means,
through which her disjointing is speedily effected. Ships
built with their dead flat far forward must ever unite in
one their pitching and rolling motion, that is, they waddle
from the starboard bow to the larboard quarter, and the
reverse on the opposite roll; the effect in a heavy sea is
tremendous, from the after part of the vessel flying from
right to left, and from left to right. It may be asked,
seeing that the true position of the centre of gravity still
remains an undetermined quality, whether it is a neces-
sary qualification in shipbuilding ? I would answer—yes,
it is of the first moment, when correctly placed ; but the
great evil with shipbuilders, from its undefined principle,
is that they either consider that as a quality it is wholly
unnecessary, or that it is immaterial to a vessel in what
part it centres, seeing the ballast or cargo will find it out;
as such many construct their ships without a reference to,
or calculations thereon ; others pursue a system equally
as bad, by resting satisfied with finding the centre of gra-
vity of the whole fabric. Hence proceeds so many dan-
gerous and ungovernable vessels. Yet there are ship-
builders who feel the importance and the responsibility
attached to their profession, who in constructing see the
necessity of commencing with the centre of gravity at the
lower water or level line, and carry it by degrees to the
gunwall. It is on this principle, and on this alone, that
the centre of gravity becomes of the first importance in
the construction of a well-regulated vessel—it is the only
attainable means in order to perfection. When deter-
mined on with judgment it becomes the focus to guide the
formation of each level, or water line, to its true course ;
it is the centre around which the ship's capacity revolves.
It is the judicious placement of this centre, from the keel
upwards, that secures to a ship those benefi:ial and essen-
tial properties which prove her protection in every dan-
ger. To define the centre of gravity, and prove the ad-
vantage of placing it correctly in a vessel, take a piece of
fir two or more feet long, by two or three inches square;
by suspending it at the half-length between your finger
and thumb, or with two pins, you find no difficulty in
keeping the upper surface level, produced by having the
true centre of gravity ; remove the pins towards either end,
and the longest part will immediately drop, which to bring
it into an horizontal position, will require either a weight
at the short end, or to be lengthened by some artificial
means : in either case it will be evident that the centre of
gravity is removed from its natural point, without any be-
nefit resulting therefrom. Again : does not a person on
taking a piece of timber on his shoulder, first balance it
before he proceeds forward ; and if from some cause the
part behind proves the heaviest, is there not an artificial
weight added to the shoulder by the pressure of the hand
on the light end to equalise the balance? By these sim-
ple experiments true principles are often established, and
false ones detected ; from these plain similies there is a
greater object in view—that of demonstrating the false
principles whereby ships are now built. In my next I
shall resume this subject, wherein will be shewn a mecha-
nical method for finding the centre of gravity of each
water or level line, with the ship's displacement.
I am, sir, &c. JOHN COCK.
Pembroke Dock, let Nov. 1844.

FEDERALISM.

TO THE EDITOR OF THE LIVERPOOL STANDARD

It is somewhat laughable to behold the various shiftings
of the big teggarman of Ireland ; an oath he swears to-day
with unblushing audacity he will revoke to-morrow; a
promise which, on his knees, he solemnly pledges himself
to perform one moment, he will, without reserve, split
and render nugatory the next.
A few months ago Mr. O'Connell, the uncompromising
Mr. O'Connell, the resolute Mr. O'Connell, the firm
and unshaken advocate for repeal, the truthful Mr.
O'Cf nnell ! ! spoke the following :
" Ere the revolving year passed over their heads they should
have a Parliament in College-green.
" It is the duty of every Irishman to labour, and never to de-
sist from laboin ing,till their independentpat liament was restored
in Col ege-green, independent of the British Parliament"
Proud boaster! who gayest thee authority to advise " It
is the duly" forsooth, and he first violates that duty.
" Stick to your banners" forsooth ! and it is he that first
deserts them. Oh, thou dealer in precept ! Stick to
your text, and teach your followers how to work.
O'Connell was just set free ; the injustice of faction,

and faction in ,the highest tribunal of the country too,
opened his prison doors,. and his followers and himself
avowed that the final lift to repeal was given, that it would
now overbear all opposition, and " Ireland would be a na-
tion." Shouts of triumph resounded, O'Connell's tail
took it up, and as-the sound went on it increased in loud-
ness ; but suddenly the great leader of all, the presiding
spirit and life of his tail, dropped repeal and gave way.
The tail stood aghast, astonished, confused ; and their
loud shouts of triumph dwindled down to miserable
croakings for federalism. "0, how art thou fallen !"
the blusterer, some few months ago, in tones of magni-
tude, but now, now when " such a triumph as never hap-
pened" had been given to them by partial factionists,
now, when (as he said) their expectations were all to be
realized, now he strikes the banners of repeal and hoists
the punt, flag of federalism.
In 1843 federalism was hooted from coalition, denounced
as a disgraceful course of dishonesty, yet, in 1844, the un-
blushing and cowardly. liar is oppose,' to the ardent advo-
cates of his former professions on that very subject.
Once he professed the most enthusiastic adherence to
repeal and hatred for all compromise ;. and with such pro-
fessions, and on consideration of uttering such professions,
his exchequer was filled with that which his countrymen
toiled day and night to earn. For repeal was it that he
said he would give them his head on a block if he did not
gain it in six months, yet he throws it overboard.
And, ye " simple repeaters," will you suffer it any
longer ? Utter your manifesto ; let the demagogue know
that you will be trifled with no longer. Tell him, " We
gave you our money on consideration of your fulfilling
your agreement for repeal ; you have broken your pro-
mise ; von have dissolved the agreement as respects us,
dissolve it in all, as respects yourself."
Poor, pitiful children you must be, if you pass by this
latest breach of faith you love repeal, you have ever che-
rished in your minds a fond anticipation of gaining it.
You relied on, and gave your money to, Daniel O'Connell
to effect this object ; he swore he would : he cried, " No
compromise ;" he made the most solemn protestations,
he uttered the most sacred vows for—not federalism—
that, said he, (then,) is. a miserable shelter "under which
cowards hide their treason ;" that he abhorred—but for
repeal. And, lo ! where is it ? Aye, Irishmen, tell me
that ; where is it? Oh, you are deceived ! you are cheat-
ed, miserably cheated ; for where is it ? Arid echo an-
swers, " Where ?" The man has abandoned it. What
for ? " A miserable shelter for cowards"—federalism.

'Twas cruel of thee, Dan, to leave it ! 'Twas deceitful
of thee to mike a split in the camp ; 'twas very cruel,
'twas very ungrateful, just at the very moment when the
trumpet of triumph sounded with renewed vigour, when
obloquy fresh was heaped on the friends of loyalty and
peace, when all was announced to be flourishing and
healthful, to desert the cause ; when thou hadst pocketed
the money, pitifully to sneak out of thy engagements, oh,
'twas mean 'twas cowardly! Thy followers will desert
thee, and leave thy grey hairs to drop in ignominy to the
tomb.—Yours, &c., DELTA.

HUMBUG.

TO THE EDITOR OF THE LIVERPOOL STANDARD,

Sta,—The other day, while sauntering along the streets,
thinking of nothing, my reverie was disturbed by the loud
talking of two men, which was wound up by one telling
the other thit John Snooks was a regler humbug. This
instantly diverted my thoughts into a new channel ; I had
scarcely time to consider what humbug really was, ere my
attention was again arrested by hearing a lad say to an-
other, " Never mind him, Bob, he's only humbugging
you." A little further on, I observed two women stand-
ing by a gin sh\v, wiping their mouths, " I tell you what,"
said one of them, " it's all humbug to say he can sell good
stuff at that price." At the door of a charity school, a
little girl stood yelping and crying, I inquired what was
the matter, she said, " it was all humbug sending her to
school; she couldn't, and she wouldn't learn her letters,
and she'd tell her mother so, when she got home." Well,
thought I, this humbug is a curious thing, when I was
once more aroused by a friend tapping me nn the shoulder
and sayine, with a rueful countenance, "It's all up with
me, that humbug, Sam Earwig, has humbugged me out of
my money, by humbugging me into buying his cursed
jerry-built houses." I had just fairly got into motion
again, when I was accosted with, " Well, Dick Bore has
humbugged me out of my vote by the promise of a £5
note, and be actually laughed in my face when I told him
he was a downright humbug. Why,' said he, with a
vicious grin, you surely are not so jolly green as not to
know that electioneering is sheer humbug from beginning
to end ?' So, thought I, I'll just get out of this hum-
bug, and take a cup of coffee. I had just raised the be-
verage to my lips, when a customer said to the waiter,
" Why, you confounded humbug, what the d—l do you
call this stuff ? it's nought but chicory." I involuntarily
dropt the cup, and rushed out of the house. Humbug !
humbug thought I, the world is surely made op of
humbug. Men do not go courting, but (hey humbug
their sweethearts, and wives humbug their husbands.
Merchants and tradesmen make their money by humbug •
the statesman gets on by humbug; the newspapers keep
up party spirit by humbug; clerks progress with their
employers by humbug; books are puffed into sale by
humbug; lawyers humbug their clients till they humbug
them out of the oyster; speeches in parliament are all
humbug ; the very children take in humbug with their
mothers' milk. I have always blundered on in a straight-
forward course, and been soundly humbugged, and yet
never seriously thought of humbugging in return; 1 must
begin ; upon whom shall I make the first essay ?
W. G. P.
Toxieth-park,sth November.

BUILDING SOCIETIES.

TO THE EDITOR OF THE LIVERPOOL STANDARD.

SlR,—Among the many and various schemes that the
mania for joint-stock companies has engendered, none
have been more successful (in obtaining shareholders at
least) than Building Societies. This is not to be won-
dered at whe❑ we consider the smallness of the monthly
subscriptions, and the other inducements held out to that
class of the community least able to detect the fallacies of
their delusive reports.

That too many of these societies are mere gambling
speculations, without the fairness of games of chalice, is
easily proved ; for what other name can be given to pro-
jects, where three-fourths of the profits are dependent on
the chance of the poorer shareholders being unable to
pay up thtir subscriptions.
It would occupy too much of your columns to cony a
prospectus, but they all promise the same thing, viz..—
that for every 10s; paid monthly, or £6 a year, for a term
of ten years, £l2O will be returned at the expiry of taat
time—thus doubling the capital. That this is impossible,
unless by means of fines and forfeitures, the following
calculation will show ; and as it would be invidious to
name any particular society, I will suppose an imaginary
one of 200 shares :

s. d.

200 shares, at 10s. each per month, is £lOO ;
this monthly for ten years is 12,000 0 0
And they promise that the profits will be .. 12,000 0 0

Thus in ten years the stock will be 24,900 0 0
But £lOO paid monthly for ten years, with
interest and compound interest at 5 per
cent. (deducting the very moderate sum
of £5O a year for printing, stationery, se-
cretary's salary, and other expenses,) will
only amount to 14,824 12 0

Leaving a deficiency of..
The above calculation is far too advantageous to the
society, as I have made it on the supposition that each
payment bears 5 per cent. interest from the very day it is
paid—that they borrow no money—that all their securi-
ties are perfectly good—that they have no lawsuits, and
of course no law expenses—and, indeed, that they suffer
no losses of any description. Now every one conversant
with these societies is aware that they are all subject to
one or other of the above drawbacks. Had I allowed for
them, the balance would have been considerably more.
But, with all these advantages, there is a deficiency of
£9,175 ; and how is it made up? By fines and forfeitures.
The fines are heavy, and increase in geometrical progres-
sion ; in some societies they amount to one thousand per
cent. per annum. The tradesman who, " from being out
of work, sickness, or other causes," neglects for some
months to pay up his subscriptions, finds, upon returning
to the society, that they have a balance against him of
fines, fines for nonpayment of fines, &c., &c., far above
his means to discharge. He perhaps struggles on for a
few months, but, finding the balance still increasing, re-
tires in despair. Consequently, all his previous payments
are forfeited, and go to swell the pockets of his richer
neighbours, who, in solemn conclave assembled, report
that the society is in a very flourishing condition !
As to the borrowers, so far as I hare had an opportu-
nity of observing, they do not pay much above 5 per cent.
for the money (always supposing that the society only
lasts ten years). Thus they are pretty safe; and, as the
Scotch say, if they are pleased lam pleased. The Chi-
nese have a proverb, " He that borrows to build, builds
to sell ;" and I doubt many will find the truth of it who
have borrowed money from Building Societies.
And woe to them should the societies last eighteen or
twenty years ! They can easily calculate what their pro-
perty will cost them in that case. That some of them
will last that time, or even longer, 1 firmly believe, and
hereby prophesy.
Your obedient servant,
NEWMAN NOGGS.

THE EARL OF DERBY v. THE IMPROVEMENT
OF LIVERPOOL.

" No obstacle shall be thrown in the way of this railway on my
part; on the contrary, if absolutely necessary, they may make a
tunnel beneath my very drawing-room." Marquis of Bristol's an-
swer to the applicaticn from the direct London and Norwich Rail-
way.—Bury Journal for October, 1844.

TO THE EDITOR OF THE LIVERPOOL STANDARD,

SIR,—We have it ns a tradition, that ever since the
death of the great Lord Strange, the house of Knowsley
has invariably set its face against improvements likely to
benefit our good old town. It is singular that such be the
case ; for if the interests of that family are not identified
with the prosperity of Liverpool, they are, certainly,
greatly enhanced by it.
It was to the continuance of this feeling that, in more
modern times, a grand improvement, from Temple-court
through Stanley-street, was frustrated, and that the di-
rectors of the Liverpool and Manchester Railway were
constrained to make their line to the south end of the
town.
It is now currently reported, that the great Baron Stan-
ley, depite of his unquestioned ability, is tinctured with
the same narrow spirit; and that he is determined to op-
pose any railway approaching the town from the north-
ward. V'hat would his lordship think of the Marquis of
Bristol's saying on a like occasion, and which I have pre_
fixed to my letter
I should hope, however, that the noble baron, in justice
to his own character, will reconsider this rash resolve,

and adopt a course more befitting s conspicuous and lead-
ing member of the administration of this great commer-
cial country.
If not, the only plan will be for the commercial men of
Lancashire themselves to bring their case before parlia-
ment, and ascertain whether the legislature will, at the
instance of any great landed proprietor, however power-
ful from property or connections, refuse to grant to Li-
verpool such great public improvements, as they have
shown that they are anxious to extend to all other parts
of the country.
If we cast our eyes over the river and see with what
zeal and unanimity the landed gentry there co-operate
with the enterprising mercantile men at Birkenhead in
every project calculated to advance the interests of that
place, we cannot but be struck with the contrast in the
conduct of the landed gentry on this side of the water.
At such a time Liverpool has most tofear from the apathy
of those who ought to be most active and ?.nelrgetic in lay-
ing open her resources at the great north western part of
the kingdom. To oppose, or to be neutral, as to further
railway accommodation or extension for Liverpool, is in
effect to play into the hand of her rival (so to call it)
young Birkenhead.
As you, sir, have stood forth manfully in support of
townside interests, when others were disposed to quail, I
shall confidently rely moon the insertion of this letter.
I am, sir,
Your friend,
A DICKEY SAM.

Liverpool Nov. 1, 1844.
P.S.—I perceive that the Earl of Derby has just given
£lOO- towards the intended parks at Manchester. Will
any of your numerous readers point out an instance of
equal liberality from the bouse of Knowsley towards a
Liverpool public improvement ?

SFO RTING INTELLIGENCE.

MANCHESTER-FRIDAY EVENING.
DERBY.

Out of a multiplicity of offers at the room to-day, we
only saw some solitary bet accepted, namely, 500 to 10
about Cabin Boy, his backer signifying a wish to perse-
vere at like terms. In other respects, so fleeting and
visionary has been the business altogether since Tuesday,
and the offers to-day in almost every particular were so
nearly assimilated to the London prices, that a further
recapitulation of what was done would be superfluous.