che eronowmist, - veekly commercial times

Che Eronowmist, VEEKLY COMMERCIAL TIMES,

Bankers’ Gasette, & Railway Monitor.

A POLITICAL, LITERARY, AND GENERAL NEWSPAPER.

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Vol. IV. SATURDAY, FEBRUARY 28, 1846. No. 131.

CONTENTS. “eas in December, it may indeed be contended that he would Potiticat Economist: Tue COMMERCIAL TIMES : rave been left with less immediate urgency to commend a pro-

| The Adjourned Debate.........s0000. 261 Departure of — eoteccessnescnedenece — posal to Parliament embracins a final adjustment of the question. A Gratifying Incident —Sir Robert | Weekly Corn Returns... sssssserseeeeee 27 2 aan ; ag -

Sect and Bit Cub Getcccocncsscnao, 208 | State of the Corn Trade for the On the other hand, however, it was impossible that he could not The Pretectors of Native Industry 262 | WGK ccccecesescocensavses Guleasincnsande 270 | have foreseen a strong opposition and long-protracted debates;

| General Debit and Credit Account Foreign Grain Markets seeeesersaeenes 271 and that without even assuming any Cesire factiously to retard

of the Special Burthens and Ex- | Commercial News and Miscel- ; th . - 5 emptions of Land......... eiloiis 263 | LambOS ccccccorscccccccceccccesscecscccoces STL e measure, ‘ : ;

Peace Society—Friendly Interna- ; ‘ In debating this first step, towards the introduction of a bill, j > 5 ) — sa o . . e.e°

sataricon. | as Wy Markets—Transactions ©” 972 | for which Iveland is already waiting, three weeks have been ex- SIT cit sualcdlastoistcaisinamsiahi 265 | Additional Notices .. 73 | pended; and though Parliament met some weeks earlier than

)| IMPERLAL PARLIAMENT : Postecript eapreontaasoacmaseresess 273 | usual, we are close upon the month of March, and the house has JOTAB wccccccccccecsscces oo afk ie é : : ‘D: . . House of Lords oe vsasseseeee 274 | NOt yet gone intocommittee (Friday night.) on the Government House of Commons Districts ..cccccccccccccccccces e 7 2 t 3 b

Liverpool] Markets ... Foreign Markets . os

esse The Prices Current,.....cccccsesereeee 27: : , :

Foreign and Colonial ........+0 aS 269 The Bankers’ Price Current ...... 276 | mittee, and in the future stages of the bill, we must be prepared Births, Marriages, and Deaths ......... 269 | eine waite _ for numerous amendments and protracted discussions ; and after r > 7 ‘orre » 7 i PROM ETOW ccc ccesesccsees F : : 9O AEP GRE COEERPORATINS 00... srerthleinetrdiarassonctbonclbenceec all these are accomplished, and the bill has at length, after several

weeks more delay, received the sanction of the House of Com- THE POLITICAL EC ONOMIST. mons, we have the same danger to encounter in the House of

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Court and Aristocracy..... The Metropolis .........+00. Provines... scocccevessssoveees

- 274 | resolutions ; and it is even now doubtful if that first preliminary step will be taken before the house rises to-night. But in com-

Lords; and the whole of this time we are exposed to all the accidents of every description which may derange the Govern- ment, or otherwise necessarily delay the measure. All this would be no more than every great change has to encounter in the necessary discussion arising from a strong opposition, and could be well endured considering the great objects in view, if the emergencies of the country would permit of it. But this is a compli- cated case. A consideration of the best policy for the future, has been deferred, until we have pressing emergencies for the present. The deliberation due to the one element of the case, is fatal to the

| CONCLUSION OF THE DEBATE. Tue House divided this morning at half-past three, when the numbers were—

For the MtiOn, sccessscecsccccsceacsvveseccccene SOd War TG AIOMGIAONE, 6c cciccciscctscccicocscccee BOO

Majority for the Ministerial proposal, NINETY-SEVEN.

The following is an analysis of the division :—

| oe —— er ee = necessity of the other, We are engaged in discussing a future con- Ben we Ml ee | stitution, while an irresistible foree.is marching upon us. Every

| ee a ee ee + returning morning now sees the exhaustion of the year's provi- Ai. ig con an. pi eee eee 3 sions of many an Irish family. How clear then is it, that Sir Speaker se ov ie a _ Robert Peel was right in November; and how much to be regret-

—— | | ted that he did not follow the same course in December. | Before further entering upou the subject of the present debate,

we would refer to another topic, which at this moment renders | some settlement of this question a matter of urgent necessity. {| We took occasion last week, in referring to Sir Robert Pecl's | The Minister cannot have overlooked the effect which the sus- || speech on the present debate, to allude to the discrepancy in | pense of this vital question is calculated to have on all the im- 1 what the right hon, baronet described as being a necessity in his | portant interests of commerce, but especially upon those imme-

| a ee ee 16

EE =

THE ADJOURNED DEBATE—THE CONDITION OF | IRELAND—THE STATE OF TRADE.

| position as a Minister on the first of November, and the measure | diately connected with the corn and provision trade, on which which he now proposes to meet an emergency—contemplated | the pressing emergency of Ireland is most dependent, and than then—unmitigated and on the immediate eve of being realised | which nothing can be more fatal to the prospect of an adequate

|now. We recur again to this subject unwillingly at this moment, | relief. The operations of merchants are paralysed; the markets | as we are, above all things, desirous to avoid any course of obser- | are unsettled and uncertain; and amid the fevered excitement | vation which might have even the appearance of a desire to retard | and doubt which pervade all transactions, credit suffers. To

the progress of the present measure. Every day, however, tends | other evils, monetarial derangement is added. In the midst of in some new form to show the error which the Minister has com- | scarcity there is great depression; and the merchant is entirely mitted; and which, we fear, will render it absolutely needful to | without the inducement which scarcity should furnish to stir have recourse to some other plan than that now chosen by the | him to extra exertions to procure more abundant supplies. Government to accomplish all that will be presented before long | This is practically felt in every branch of the corn and provision as an urgent and immediate necessity. We need not now dwell | trade at this moment. Instead of known scarcity and impending on the strong case which the Minister presented to Parliament, of | want inducing to more vigorous efforts for supply, the whole the present and prospective suffering of Ireland. The case is fa- | mercantile mind is paralysed and doubting. Sir Robert Peel

| miliar to all, and the daily accounts which reach us, especially | presented a petition on Tucsday night from the president and from the south, rather aggravate than allay our apprehensions. | members of the Liverpool American Chamber of Commerce, Sir Robert Peel looks back to the first of last November with | setting forth these serious inconveniences. greater satisfaction than to any other day in his official life, when We have taken some pains to ascertain the precise condition of

| he was ready to take the responsibility of opening the ports by an | the corn trade, and the results are such as make us look forward order in Council. The country is now familiar with the causes | with the greatest apprehension to any longer delay in passing which prevented the accomplishment of the Minister's wish, But | some defimite measure. We can state with as much confidence as no reason has been given why Sir Robert Peel, on returning to | it is possible to apply to such cases, that ifthe whole of the wheat office in December, forsook the policy which he deemed so neces- | now in bond were released to-morrow, it would not more than

| sary in November; why—if he contemplated with so much satis- | make up the difference of the stocks held by millers, bakers, and | faction his determination in November, and in which he was | intermediate dealers, compared with those held a year ago. This | only frustrated by a dissent in his Cabinet, he did not adopt it in | remark has, however, no reference to the stocks in the farmers’ | December when his Cabinet gave him a united support. As mat- | hands. Again, we have ascertained, on practical authority as | ters have turned out, and as we fear they are still more likely to | good as can be obtained, that the actual consumption of bread continue for a protracted period, we cannot but regret the change | going forward at present is from twenty to twenty-five per cent in the right hon. baronet’s plans as a great error—as a real mis- larger than at this time last year, in consequence of the less ex-

| fortune, and that in several ways, If the Minister had opened the | tensive use of potatoes. This fact should show the Minister the

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262

connexion betweep the duty of four shillings on wheat, and the commonest grain that can be obtained as a substitute for the Irish petato.

It might be deemed enough that the Protectionists, opposed to the measures of the Government, should know these necessities to induce them to withdraw their opposition in consideration of the urgency of the case. But Mr. Miles, on their part, meets their case thus—“ If, in reference to that eountry (freland), the “right hon. baronet introduced a short bill, the object of which “ would be to give an immediate supply of food, his (Mr. Miles) “consent should be cheerfully given to its passing. If famine, “ while the debate was going on, did come on the Irish people, “ and if the price of provisions did rise, upon the right hon. ba- “ ronet would rest all the responsibility.” Is it possible, then, that the country can go into its present state for the indefinite period that may yet be required to pass these measures through both Houses of Parliament? We doubt if it will be possible. The Minister will be obliged to take some security for pressing danger, as much by way of relieving the suspense hanging over the commerce in grain and provisions, as for providing for the coming necessities of the country.

Returning then to the question before the House, there is one amendment of a most important character of which Mr Monckton Milnes has given notice, which will excite a lengthened and hard contested discussion, and in respect to which it is more to be feared that the Government may be inconvenienced than in any other. We should regard its success as fatal to the Bill. The proposal of Sir Robert Peel is that his Bill shall finally settle the question, by imposing a nominal registration duty to take effect at the end of three years; so that no further recourse need be had to legislation. ‘The object of Mr Milne’s amendment is to accept the reduced duties proposed by the Minister for three years, but to allow the act to expire at that time, and to leave it a question open for Parliament then to deal with. This is a proposal which, we fear, will only be too welcome to many, as reserving some hope

THE ECONOMIST.

of circumstances being at that time favourable to the passing of a | new law, re-imposing or continuing the same or higher duties. There are not wanting those who really contemplate such a result. It is moreover a favourite scheme with a numerous party in the House of Lords. more dangerous. It would at once deprive the present proposal of all its character of final settlement.

Now, we conceive that no plan could be |

It would leave the ques- |

tion as much open to discussion in the country and in Parliament | as ever. three years for another great struggle.

It would make all parties look forward to the end of the Moreover, whatever |

course the League may think it wise to pursue, if Sir Robert Peel's | proposal be carried in all its integrity, we deem it a matter of cer- | tainty that, in the event of Mr Milnes’ amendment being adopted, it would be considered needful to continue the organization, agi- tation, and system of registration, without any abatement. that is of a healing tendency in the Government proposition would be effectually destroyed by Mr Milnes’ amendment.

But all these increasing difficulties in the conduct of the measure in Parliament, in the state of trade in the country, in the prospects of the people in Ireland, make us more than ever regret that Sir Robert Peel did not follow the course in December which | appeared to him the best fitted for all the purposes of his case in | November, and induces us to fear that it may still be found needful to have recourse to the plan suggested by Mr Milnes, to evade all those difficulties by which we are becoming surrounded.

The debate has proceeded during the week without any appearance of exhausting the number of speakers. The three ministerial members, Sir George Clerk, Mr. Goulbourne, and Mr. Cardwell, made speeches in every way superior to any ever delivered by them on any subject before. But the speech of Mr. Villiers on Thursday night was, beyond comparison, the most effective of the week, and certainly one of the most successful efforts ever made by the hon. member, combining at once the purest economical arguments with the deepest feelings of the injustice and folly perpetrated by these laws.

A GRATIFYING INCIDENT—SIR ROBERT PEEL AND MR COBDEN.

Previous to the resumption of the adjourned debate in the House of Commons last night, a long and stormy discussion occurred in reference to the wholesale imputations in which Mr. Ferrand continues to indulge against all who are opposed to him, or rather to whom he chooses to oppose himself. We think it quite unne- cessary to allude to the refutation of nearly every statement which Mr. Ferrand has made touching personal matters; the country knows sufficiently well how to appreciate them. Heis of that class whose censure is more to be desired than his praise. In the course of the altercation Mr D'Israeli alluded to the attack made by Sir Robert Peel on Mr Cobden, in 1843, upon which the right hon. baronet rose and stated, that he had intended the explanation which he made at the time when that imputation was first made, to express an entire retractation of the charge—that if it was not so understood, he felt glad of the present opportunity to offer a full and perfect expression of his conviction that the imputation which he then laid upon the hon. member for Stock- ome was groundless and without any just foundation, and which e would now, as he intended to do at the time, fully retract.

All |

[ Feb. 28, On which Mr Cobden rose and said, that hefcertainly did not

understand the Right Hon: Baronet to retract the accusation at the time ;—he, however, cheerfully accepted that retractation now. And more, if under an impression of that act of injustice towards him, he had ever in the heat of debate, there or elsewhere, given utterance to strong and undeserved lauguage in respect to the Right Hon. Bart., he also, on his part, was glad of an opportunity to retract those expressions. And, this being done, he hoped that no Member of the House would ever again refer to the attack made upon himself in 1843. We cannot but express ourselves highly gratified by this mutual

| explanation, and especially in the new position which the present measures before Parliament have brought the Right Hon. Baronet and the Hon. Gentleman in relation to each other. They twain hold the labouring oar—the one in the House, the other in the country.

Later in the evening, Mr Cobden delivered a powerful speech on the question before the House, in which he made a strong appeal to the prudence and the better sense of hon. members, and pointed out in strong language the advantages of accepting, and the danger of refusing the measure before them. The hon. gentleman, we are happy to say, is quite recovered from his recent attack.

THE PROTECTORS OF NATIVE INDUSTRY. Tue monopolists seem to have hoisted a new flag; the old black ensign of open piracy has long been struck, and latterly they have fought under the banners of “Independence of foreigners,” “ High wages of labour,” and ‘“ Prosperity to agriculture.” Now their flag bears the motto of “ Protection to native industry.” If they are to achieve the same ends under the new as under the old signs, a melancholy fate awaits the country. Their rule has doomed the farmers to ignorance, error, and insolvency, and the labourers to semi-starvation. At this moment the country is in a condition of beggarly and helpless dependence for food, without reciprocal and mutual dependence on the part of the countries from which alone we can look for a supply; and were the Americans, from motives of hostility, now to prohibit, like some of the European states, the exportation of all kinds of corn and pulse and meal, they might make us accept almost any terms rather than risk the consequences of exposing Ireland to famine and rebellion. Sir Robert Peel, alarmed at the danger, is following a line of policy that happens to be almost coincident with the highest wisdom. By one act he strikes down the monopolists, saves the Irish, lessens our dependence, and increases the dependence and friendliness of the Americans.

It augurs well, however, for the failure of the monopolists in their new character, that the industry which best deserves the name of native at once disowns them. Those who make and those who use steam engines, the genial if not exclusively the product of our soil, find a market abroad, and haughtily bid the Protectionists stand aside. Cotten spinning by mules, and power- loom weaving, other branches of industry which are exclusively native, reject their aid. Our vast iron manufacture, with its countless ingenious contrivances for melting, blasting, hammering, and casting, that are nearly all the product of native intellect and skill, asks no protection. The beautiful steel fabrics of Sheffield, the ornamental ware of Birmingham, and the woollen and linen cloth of Yorkshire and Scotland, all petition to be released from the incubus of disguised monopoly. If some few shipowners, alarmed at the possible fall in the price of ships—guiltless of re- flecting that the exchangeable value of the ships will remain the same, as the fall of price will be general, and that their ships will continue to earn as large, or a larger value after the fall as before—if some few shipowners, not being industrious sailors but mere capitalists, petition for the continuance of protection, the bulk of that seamanship which is native to our isle and one of its glories, is for free and unrestricted traffic. The agricultural labourers too repudiate the protection under which they starve. The only industries which continue to supplicate for protection, as far as we know, are the imported and cockered French industry which fixed its home in Spitalfields, and still fancies that it cannot live without the political nourishment which first sustained it; and the bolstered-up industry of tenants at will, borrowed we know not whence, but imported at some time or other from the ancient world, where it was practised almost as it is now practised here, by some of the rudest and least skilful of the population. The agriculturists of remote Somersetshire, and perhaps of re- moter Ireland, the bulk of whose unskilled people are tillers of the soil, yet ask protection, but no skilled industry requires it. Our real native industry, that which distinguishes England from all other nations, our wonderful ingenuity in contriving, making, and using machinery, scornfully rejects protection ; and only imported industries which remain comparatively rude and unim- proved, and which we possess in common with nearly all the world, ask or will accept it. The offer of the Protectionists is at once incongruous and ill-timed, and for the welfare of society it is properly spurned by that native industry which is spreading and enlarging far more and faster than the industries which are yet willing, like poodle dogs, to be at once pampered and restrained.

Another circumstance from which we may anticipate the failure of the Protectionists, is their want of sincerity. Their acts con- tradict their professions. They talk of protecting native industry

SS OO

1846. ] —they mainly encourage the industry of foreigners. Four-fifths probably of all the imports from France are especially for the use of the landowners and their families, who are so extremely anxious to protect native industry. At least few or none of those imports, none of the wines, silks, brandies, and perfumeries of France, are consumed by the industrious people. The Rutlands and the New- castles, the Richmonds and the Clevelands, the O’Briens, the Colquhoun’s, &c., cannot eat dinners unless they be cooked by Frenchmen. ‘They close their repasts with Italian maccaroni and Swiss cheese, and add to their relish of French wines by the fruits of Spain and Portugal. For their use almost exclusively are imported Perigord pies, and the high-spiced sausages of Germany and Italy, with the multitude of viands that are found in what are called, not English, but Italian shops. Who but they buy French watches and jewellery, and import French governesses and valets? Who more than they wear French boots and shoes and French kid gloves? Their wives and daughters dress themselves in French silks and Belgian lace, and have their dresses made, not by English milliners, but French modistes. Their amusements too are borrowed from abroad, For them chiefly do the French performers come to St James's; and they are almost exclusively the supporters of the Italian Opera. For them French danseuses and Italian cantatrice are imported and enormous!y paid, and on them these syrens use all their arts of cor- ruption. We make no objection, either as economists or as moralists, to the freest importation even of these exclusive enjoy-

those who demand laws for the protection of native industry, and spend the bulk of their fortunes, either abroad or at home, in encouraging foreign productions, aud rewarding foreign labourers. What they mean apparently by the encouragement of native industry, is to stimulate its exertions that it may produce a greater surplus for them to waste on foreign artists, foreign valets, foreign cooks, foreign parasites, and foreign wares. Their acts are an in- structive contrast to their professions, and make us at once aware that their new cry of protection to native industry is only a continuance in disguise of old monopoly.

We do not feei at all alarmed, therefore, lest these gentlemen should succeed in their new character. Amongst the whole of them there are very few who live by a useful and an honest calling. They almost all belong to the opulent and the idle classes, and may be expected hereafter, as heretofore, to protect native industry as the wolf protects the lamb, They will devour all that they can appropriate of its fruits, and then reproach it with poverty. They will give it, as its reward, the smallest possible means of subsistence, and perhaps allot it a “ lug of land,” wherewith it may subsist itself by nightly toil, after having toiled the livelong day for them. Their false professions and pretensions are everywhere seen through, and this last dodge of theirs, artful though it be, will not succeed. They will not be allowed, we

pretence of protecting it from its industrious foreign customers,

The mean rapacity of modern aristocracies, disguised as patriotism, is as surely destined to be extinguished by contempt, as the bold plunder of their ancient predecessors was successfully resisted and put down by the growth of peaceful honest trade.

GENERAL DEBIT AND CREDIT ACCOUNT OF THE SPECIAL BURTHENS AND EXEMPTIONS OF LAND.

Jupcine by the language held by some of the most influential members of the House of Lords, we are led to expect that the Corn Law repeal will be opposed, in their House, chiefly on the ground of alleged burthens peculiarly borne by land; and, at least, if they agree to the measure proposed by the Government, we may look for some attempt to change the present distribution of taxation, local or general, in some way which they will deem more favourable to the agricultural body as a class, and to land as a property. Such is the distinct object for which Lord Beaumont’s Committee was sought and has been granted. Now, we feel assured that no proposition of the kind will be accepted by the House of Commons or by the country, whether attached to the new Corn Bill, as a condition of its passing, or passed as a separate and independent measure.

the Bill in the House of Lords by attaching some such condition, at least to delay its progress on the pretence of waiting for the report of that Committee. such a catastrophe.

The great object of complaint in the distribution of local burthens is, that real property only is rated to them, by which means all capital represented in stock in trade and money in the funds escape any charge for the maintenance of the poor and other local objects. This objection is made with more semblance of good reason, from the fact that the statute of Queen Elizabeth providing for the poor expressly includes all such personal property as rate- able thereto. It has, however, long been abandoned as an impracticable attempt to rate personal property, although the exemption is provided for only by an annual bill. This exemption, however, of personal property is by no means the partial measure which those interested in land are in the habit of representing it, or that it may at first sight appear to be, All real property, of whatever kind, whether con-

Heeennre er ccc ec rr eee eee ee

ments of the Protectionists, we only point out the hypocrisy of

believe, to plunder any industry much longer on the stale |

We own we are not without con- | siderable appreliensions lest an attempt be made, if not to defeat |

No effort should be saved to prevent |

THE ECONOMIST. 263 sisting of land, houses, mills, docks, canals, or railways, is rated to these burthens ; and by the most recent parliamentary papers it appears that land does not now represent quite one-half of the whole. But then it is complained that stock in trade and capital employed in commerce, from which large profits are derived, are exempt. True ; but the stock in trade of the cultivator of the soil, whether owner or tenant, consisting of machinery, implements, cattle, flocks, and corn, and the whole capital engaged in his trade, are also exempted. And if we are to accept as an approximation to the truth the computations made by Mr Allison, Mr M‘Queen, and others, of the comparative annual value of the products of the soil, no part of which are rated, and those of trade and manufactures, the exemption must be very greatly in favour of the land. Now, it is obvious that any tax placed upon farming stock or ea- pital would indirectly be a charge upon the rent of the land; therefore, as between land as a property and all other capital used in other pursuits, the exemptions would appear to be balanced. Land, in round figures, at present pays one-half of these rates— other real property pays the other half. Include in the assess- ments the capital and stock used in both classes of pursuits, and while the nominal rate “in the pound” would be greatly reduced by being spread over a larger surface, yet still land and its stock aud capital would pay the one half, while other property and its stock and capital would pay the other half.

But even admitting, which clearly cannot be seriously insisted upon, that the whole share of the poor rates payable by land is a burthen upon land, and not shared by other capital and stock, we have already shown in our article of the 14th that there are other exemptions in favour of land which do not apply in any degree to personal property, which more thau counterbalance this and all the other alleged special burthens.

The same remarks that we have now applied in respect to the poorratesand the apportionment oftheir assessment, apply in every respect to the highway rate and the church rate. We showed in that article, by reference to parliamentary documents, that the proportions of the poor and county rates and ofthe highway and church rates contributed by land are as follow :—

£ we 2,096,637 we 496,974

Proportion of poor's and county rates collected from land, Ditto of highway and church rates ditto, eee

Total, eee £2,593, 611

Admitting, therefore, the whole allegations respecting the exclusive payrcent of those burthens as really true, which they are obviously not, then this sum represents the whole amount paid by land. Be it always remembered that a similar amount is paid by other kinds of property, and that if other capital and stock are exempted in trades and manufactures so they are also in farming.

With regard to the alleged burthen of tithe, we have already shown (in our article of the 14th) that there can be no excuse for stating it as a charge on the owner of the land. It is a portion of the property, neither inherited nor purchased, and is no more a charge upon the rent which the landowner receives than would the share of the income be, which might be paid to a co-proprietor of an estate. To recompense the owner of land for the tithe would be to make him a present of it, as much as if he were com- pensated for a mortgage or the interest held by a joint-proprietor,

With regard to the malt duty, this is obviously a tax paid by the consumer of the article, which is enhanced in price in order to repay the maltster for the sum advanced by him, in the same way as the sugar merchant is reimbursed for the custom’s duty advanced by him. But it is alleged that the interests of the land are injured in consequence of the demand for barley being diminished from the lessened consumption caused by the tax. This, no doubt, is so far true. But ifthe consumption were ever so much increased, it could not be supplied by barley of English growth, as already we are obliged to import largely every year of this grain. An increased consumption, therefore, could only cause an increased use of foreign barley. But were it otherwise, can any thing be more preposterous than to set up this claim. Exactly analogous to it would be the demand of the grocer, the tea dealer, or the spirit merchant, for compensation for the necessary limit which the enormous duties imposed on those articles place upon their respective trades.

With respect to stamps, we have in our former article shown that this branch of the public income is as nearly as possible charged in equal proportions on ell classes of the community.

Turning then to the exemptions of land. In our article of the 14th we show, by a calculation in every respect favourable to real property, that its exemption from the probate and legacy duty amounts at least to 1,675,946/ annually. We, however, committed an error in placing the whole of this amount as an exemption in respect to land only, as the calculation, in which land was stated as bearing a proportion of 52 per cent to the whole, included all real property. We are, therefore, only entitled to claim 52 per cent of that sum as an exemption to land, which will be 871,491 annually. The next item of exemption stated was in respect to the horse duty ;—in respect to which we made too low an estimate, as we only included the number of horses which had been charged, and for which exemptions were granted subsequently. We find, however, that it is not the custom for farmers to make any return of such horses at all. The number we stated as exempted from duty in 1841 was 435,002. In 1814 this class of

264

horses, now exempted from duty, paid a low tax, and the number then was 937,898. It is not possibie that this number can have diminished, but when we consider how much land has been brought under tillage during that period, it must be greatly increased. The exemptions from horse duty may be thus stated :—

£ In 1841—claimed for riding horses used by farmers renting under 500/ a-year, where only one horse is kept, 51,898 at 1/ 8s 9d each, and 10 per cent, ose 82,062 ave eee

Horses employed in husbandry, at the average of the progressive duty taken as in 1814, 937,398 at 1/ 18s 3d, and 10 per cent, eve

In 184l1—horses exempted, specially, occasionally employed otherwise than in agriculture, 17,056, at 1/ 18s 3d, and 10 per cent, ose

In 1841—horses bred by bailiffs and herdsmen, exempted, were 1,601 at 1/ 8s 9d, and 10 per cent, = sos oe oss oon

1,981,633

00,54

|

2,531

Total horse exemptions, ove ee =£2,102,104

The total of the horse duty exempted from! land amounts to a larger sum than the whole amount paid by that property to the poor rates altogether!!! This exemption, however, must be taken under one qualification. ‘The amount of poor rates stated apply only to England and Wales. The exemption of the horse duty includes Scotland. When, however, we consider that we only calculated the same number of horses as now engaged in agriculture that paid duty as such in 1814, we make an ample allowance for the small portion of the whole, belonging to Scotland. The exemptions from window duty claimed, in respect to houses occupied by labourers and farm houses of farms under a rental of 2001 a-year, amounted, in 1841, to 28,2847. And the exemptions on 66,778 dogs employed in the care of cattle and sheep amounted to 32,690/.

Then there is an exemption from the duty on fire insurances, and also from the payment of tolls on the turnpike roads. ‘There are no precise means of discovering the amount of these exemptions as applicable to land, but we may arrive at an approximation.

By the finance accounts for the year ending April 5, 1845, the amount yielded by fire-insurances was 1,003,669/. Taking it for granted that one half of this sum represents moveable stock, and the other half buildings, and taking it for granted, that the amount of farm stock insured throughout the country equals one-half the amount of stock in other trades, including household furniture, which we believe to be near the truth, then the exemption in favour of land will amount to 250,917/; which sum, considering the rapid increase of the number of fire-insurances effected of late years, appears below the real amount.

With regard to the exemptions from tolls on highways. By a parliamentary paper, 580, September, 1843, it appears that the total re- venue from turnpike roads in 1841, was 1,574.518/. It is impossible to compute what addition would be made to this sum, if all farmers’ carts, waggons, and riding horses, going to and from market, con- veying produce or manure, or being empty, paid the usual tolls ; but | when we consider the recurrence of one or two market days in each | week, in each market town in the kingdom, and the immense number | of farmers with carts, waggons, &c., who attend each, to say nothing | of their use of the roads on other days, it would certainly appear that it would amount to a sum at least as large as is paid by travellers of | all other classes. In agricultural and rural counties it must far ex- | ceed that sum. But to avoid the possibility of any exaggeration, we | will consider the exemptions from toll to equal only one half of the sum contributed by others ; and this wil! show a yearly sum exempted in favour of the land of 787,209/.

We have now passed every item under consideration, and if with a | leaning at all, towards the land. We will now put them together in the form of a clear debit and credit account. Debit and Credit Account of the alleged Special Charges on Land, and of the Sp

Exemptions under Statute of Charges to which all other Pr perty or Classses are liable. j

Debits. i £ | Credi £ |

To exemption from legacy and $y the whole of the poor’s and probate duty, on land only ... 871,49) couuty rate contributed by

TN INN a i ce 2,096,637 Window Duty. 28,284 itt ] } Dog duty .......00... 32,690 6,97 Fire insuranc: 250,917 1,479,084 | BRED BOUIS cncosnscecnenscnrenesane 787,209 |

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4,072,695 | 1,072,695 Balance down against the ‘and, £1,479,084.

Now we entirely deny, for reasons already explained, that either the poor rate, or the county rate, or highway rate, or church rate, are special burthens op land. All other property pays a sum equal to the land, and if the other capital and stock belonging to traders does not pay thereto, neither does that belonging to land. But were it otherwise—were it, as is asserted, that these charges are to be so classed as special burthens—then do we find special exemptions in favour of land amounting to a sum exceeding those charges by 1,479,084/, and without any corresponding exemptions whatever in favour of other classes.

One remark more and we close this case of the distribution of | local and general taxation. Whatever may be the distribution of taxes, whether equal or not in the first instance, it is quite clear that they are soon equalised by the relative value which property chargeable thereto assumes; and though a tax unequally distributed may, at the time of its first imposition, act unfairly upon some classes of property, yet all subsequent possessors, whether by inheritance or purchase, have received it at a value proportioned to their burthens, and have therefore no right to complain of them, even if they existed. A new distribution, even though apparently more equal, would only be a new act of injustice, in exonerating one kind of property from a tax to which it had been subject when purchased, | and imposing it on another which had been exempt theretrom when purchased.

Our space will not this week permit us to follow up the consideration of the relief which land as a property, and the agricul- | tural body as a class, have derived in the amount of the local and | general taxes to which they are chargeable, by the increase of trade and manufactures; and we must therefore defer it till next week. |

THE ECONOMIST. [ Feb. 28,

THE SOUTH NOTTINGHAMSHIRE ELECTION, A MORE severe contest for a county seat, nor one more gallantly fought, has not occurred for some time than that for South Not- tinghamshire. ‘The defeat, however, has been signal, and we confess that we regard it a matter more to be deplored when we have the | satisfaction of knowing that the whole united Liberal party, laying aside every other consideration in order to give support to the Govern- ment in its present policy, and forgetful of every party considera- tiop, gave the noble candidate, Lord Lincoln, a most hearty and warm | support. With the Liberals, united with that portion of the Conser- vative party who support the Ministerial measures, and aided, too, by the local influence of the candidate himself, we confess ourselves greatly disappointed with the result; and this disappointment is only added to when we consider that this division of the county was, until lately, represented by a Liberal member, whose whole personal influ- | ence appears, on this occasion, to have been most generously trans- | ferred to the Noble Lord.

Independent of the immediate results of this election, there is | much connected with it which is to be admired and deplored—much | subject of commendation, and not a little deserving of censure.

It is difficult to understand why, at sucha moment, the Government should have invited this contest. A secretary for Ireland was re- | quired, but Lord Lincoln, in accepting that appointment, at least | vacated another which must again open a contest for some other seat. | The exact fitness for the place was scarcely a good reason, at such a | crisis, for hazarding such a contest. An inferior person might have | done for a time. Lord Lincoln, moreover, is one of those with whose views we are perfectly disposed to agree, who does not think it necessary, or even constitutionally right, to resign his seat because of a change of opinion. He, therefore, had no qualms of conscience to satisfy. Moreover, it was a painful duty, from which Lord Lincoln should have been spared, to be brought in open contest between his duty to a parent and his duty to the country. We place his motive, in opposing the wishes of his noble parent, upon the highest possible grounds. And if sucha contest between private and public duty — between the domestic tie and the country’s good—had occurred by some unavoidable circumstance, we could not too highly honour the mind that rejected the one duty to accomplish the other. But where was the necessity? It did not exist, and we therefore must deplore the imprudence which provoked this contest, and which has cast a shade over the otherwise chivalrous demeanour of the Noble Lord.

The manner in which the Noble Lord has conducted himself throughout this contest, the ability which he has displayed from the first letter which he wrote to his constituents to the last speech which he delivered, are such as to raise him in the estimation of his countrymen, and to convince all how much latent talent and disinterested motive exists, only waiting for fitting occasion to be elicited. Wecould have wished that the Noble Lord had been spared the necessity of a public strife against domestic ties, and of placing tenants in the pre- dicament of either voting against the wishes of their present or their future Jandlord (for talk as we may about the purity of election, we must treat those matters, disgraceful and imperfect, as they are) ; | but if the battle had to be fought, then we could not have wished to | have seen it done with more courage or more ability.

Another pleasing and gratifying thing in connection with this con- | test—which will not fail to aid in that great and ennobling advance- | ment which the Liberal party are now making in the esteem of the country, by their disinterested and high-minded disregard of all mere party considerations when the interests of the country can be best promoted by supporting their usual opponents—is the generous and hearty way in which the Liberals of South Nottingham supported the Noble Lord. If there could be circumstances which could reconcile us to a defeat, they would be the noble and talented bearing of the

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candidate, and the generous support of his former opponents whose principles he has now espoused.

But still we have the damaging facts that a contest has been provoked needlessly—that a Cabinet Minister has been defeated—that a vote is lost ia favour of the Ministerial measure.

PEACE SOCIETY.— FRIENDLY INTERNATIONAL ADDRESSES.

MANCHESTER, 16th of 2nd Month, 1846.—The following letter received by the last Boston steamer, from Elihu Burritt, the learned blacksmith of America, which reached Liverpool on the 14th, will show in what manner

the suggestion of “l’riendly International Addresses” was received in the United States :—

New Bepronp, MassacduseEtTts, Jan. 3ist, 1846.—Friends and Brothers, —Right glad was I to receive the interesting document you addressed to me by the Hibernia. It strengthens my faith in the unity of the Anglo- Saxon race; and indicates their destiny as the people tiat God has set apart to fill the whole world with the light of civilization and Christianity. It proposes a social movement of interesting novelty, which, if carried into effect, must result in something more than merely averting a war between the two counties. In conjunction with the Gospel principles of free trade, such, and every similar movement, must tend to blend the two nations in a brotherhood which will fraternize the nations of the earth. 1am grateful to see this day, and the new rainbow of promise now spanning the heavens of humanity. Iam grateful to co-operate with you in this peace making work ; and rejoice profoundly that God has put it into your hearts to do this thing. Ireecived your letter and documents last Saturday evening, January 24th. On Monday following 1 was to leave Worcester, my place of residence, to be absent for a week in attending a series of Peace Conven- tions, in an adjoining state. Although somewhat fatigued with my editorial labours, I sat down immediately to put your circular into aform that should distil it, as it were, in dew-drops over the United States. I made it into one of my “ Olive Leaves,” a copy of which I send you; and directed my printer to strike off 1,500 of them, Eight hundred of these will be sent immediately to eight hundred different newspapers in the union ; five hundred

more to the most eminent merchants in America, and the rest to different papers in your country by the steamer that sails on the Ist, It is probable that at least three hundred of our journals will give the appeal to British merchants an insertion in their columns.

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1846. ] After I had thus prepared the document for the American press I con-

ceived the desire to send back to you, by the same steamer, a response directed to the ministers of the Gospel in both countries. Se, on Monday morning, I put into press a missive for the ministers; and just as I was entering the car to leave Worcester, my printer brought mea proof slip of both of my ** Olive Leaves,” containing your document and my own, Finding myself unable to return to Worcester, before the steamer leaves for Eng- land, I write from this place, and just as we are going into our Conven- tion, And now, dear friends and brethren, may I ask a favour of you. I have printed and disseminated 1,500 copies of your circular: would you be willing to do the same by mine in your country? I would not ask this favour, were it not for the restrictions on our international correspondence in matters of postage on foreign documents. I should like to send 1,500 or 2,000 of my “ Appea! to British and American Ministers” into your country. were [ able to meet the expense. Having to pay one cent on each slip to get it through our post-oflice to the English mail, it would cost me fifteen or twenty doilars to get the number I have mentioned on board the S/idernia—tive times more than it would cost to print them on your side of the water. I] am a poor man, not worth a dollar in the world, else IT wou!d not ask such a favour,

And now I must bring my letter toa close. Ithank you kindly for your confidence in my disposition to do all in my power for the pacification of the wold. IT should be grateful if you would make me the medium of any communication to the people of this country, By the unmerited blessing of God, [have been able to get hold of the long and strong lever of the public press, which I would happily wield for the good of universal brotler- hood. Dolet me hear from you often. It is ¢f deep importance that more hearts on both sides of the water should be linked together in bonds of fra- ternal unity. Iam accidentally at the head of the periodical peace publications of this country, and am anxious to receive communications from our brethren of the fatherland. I publish the “Christian Citizen,” a weekly paper; and the “ Advoeate of Universal Brotherhood,” a monthly magazine, which I want to make, as it were, a ealuinet for the Anglo-Saxon race,

filled with contributions from both countries. I i-sne, almost weekly, twelve hundred of my“ Olive Leaves for the Public Press,’ which enable me to bring the principles of peace before a million of minds every week. Will you not send ine a few lines by the next steamer ?

We have had a glorious convention for several days. Peace! Peace! Peace! is a joyful sound, a spontaneous anthem of every enlightened heart in New England, The abolition of your corn laws will let loose a Niagara of cold water on the burning currents of the war spirit, which have been kindled by Godless demagogues in the hearts of our Western people. Peace! Peace! be one great international anthem, going up from both countries. in which every heart that loves humanity must join, The God of Peace bless you and all the brethren of our mother-land for ever, In great haste, your friend and co-worker, Eximvu Burairr.

To ——, Manechest:r, Cll England.

BANKRUPT AND INSOLVENT LAWS.—No. V. (Communicated. )

Trere is another point in which the present bankrupt laws seem to us defective, in failing to secure the effects of the insolvent trader for distribution, We have alluded to the difficulty and delay that occur in forcing the unwilling to bring themselves within the control of the law, and to the fact that the only ready means now

open to the creditor to produce this result is by proceeding under the Sth and Gih Victoria, by a formal demand and summons.

Let us take then the case of a trader suinmoned under this act,

and who does not appear, or, appearing, does not deny the justness of the demand: he has fourteen days in which to pay the debt or give satisfactory security ; and if he fail to do so, he commits an act of bankruptey on the fifteenth day. Now, in this interval, immense mischief is frequently done to the interests of the creditors ; property is wasted; preferences are given in the hope of making friends for the future; bills of sale and other similar securities are enforced ; executions issue on cognovits and warrants of attorney;

and in numerous instances within the experience of those who have a personal interest in these matters, the whole or nearly the whole of the available assets have been swept away. On the fifteenth day the party becomes a bankrupt, and the credit side of

his balance-sheet displays a hopeless blank, or a list of debts nearly as hopeless, and by no means worth the expense of an attempt at collection, It may be contended, and it may in some cases be true, that where goods have, under such circumstances, been made away with in a manner denoting fraud or mal-practice, the assignees can recover their value from the parties who have obtained possession of them; but when the expense of such a course of proceeding is considered, the doubtful result, the hard swearing always resorted to

to defeat such claims on the part of assignees, it is plain that it can only be when the amount is large, and the estate able to bear the risk, that assignees can be justified in resorting to such measures. Besides this, it must be remembered that, in cases such as we have been assuming, the very property which might have furnished the sinews of war has vanished, the wrong itself is the obstacle to its remedy, as the incursions of an invading army are checked by finding the country devastated by its own proprietors. It reaily seems to be an almost universal rule’ in bankruptcies, that the greater the injury done, the more entire the havoc, the more complete the loss, so in exact proportion is the chance of im- punity to all concerned in the plunder. There are no funds for the expenses of investigation, therefore little or none takes place; the creditors prefer enduring the first loss with patience to risking more on the very visionary prospect that what may be eventually recovered from the grasp of a pack of swindling conspirators, will also escape from the clutches of the law in the process of recovery ; and as to investigation for the sake of punishment, when to be conducted at the expense of the injured party, it is almost a mockery to expect it. At the moment a wrong is committed most sufferers are eager to retaliate in some manner on the guilty party, but this is under the influence of excited feelings; it is vengeance, not punishment. Few indeed are there who, when the blood has cooled, when the immediate effects of the wrong done have passed away, when weeks, months, or even years afterwards, it becomes a duty to inflict punishment, not asa recompense for private injury, but as a matter of general advantage,

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THE ECONOMIST. 265

are strong-minded enough to act upon this principle, and to refuse that forgiveness to the public offence which their kindlier feelings have long before afforded to the personal wrong. If this could be doubted, it cannot be better proved than by the fact that in even the worst cases certificates were almost invariably granted, when the discretion rested with the creditors, and by the necessity so generally felt of transferring that power to those who, by their judicial position, might be supposed to have no feeling in the question, but to act like other judges under the stern compulsion of the law. Even in the hands of the commissioneis, however, it has been doubted whether there has been sufficient rigour of enforcement in this particular ; | and whether the losg delays between the first hearing and the adjudication, the eloquent appeals of counsel, the unwillingness of creditors to press for severe treatment, and the fear of exhausting the terrors of the law in cases which, however bad, may not reach the utmost conceivable limit of infamy and iniquity, have not in some cases stayed the stern hand of justice, and by withholding or mitigating a punishment richly deserved, held forth a pernicious, instead of a salutary example.

It is difficult, therefore, to remedy such evils, to punish such mis- conduct after it has been committed; it is almost impossible to restore things to the condition in which they were before the mischief was done: the object must, therefore, be to prevent the evil ; and this would be more especially advantageous, as the best means that can be suggested for the purpose would tend also to the great end aimed at—the encouragement in some cases, the compulsion in others, of bankruptcies at an earlier stage of the insolvent’s career, We think that during the interval between the summons and the bankruptcy, no bill of sale or similar security ought to be available; nay, we think that without any real hardship, this principle might well Le extended to cognovits and warrants of attorney. We can conceive no circumstances in which a trader can be justified in giving a bill of sale of or mortgaging his stock in trade, his ostensible means of gaining a livelihood, or even his household furniture ; and it is nearly as difficult to imagine any which can authorise him to give, or his creditor to accept, a warrant of attorney. ‘The present system, in fact, offers a premium to everything but fair trading; instead of equality to all creditors, it affords every advantage to the sharp man, enabling him to give a fictitious credit at one time, and to secure himself his speculative profits, by sweeping away what that credit has enabled his debtor to accumulate, the moment he perceives—and his acuteness seldom overlooks it—the evil day approaching. This ought not to be; on the contrary, no encouragement should be held out to any one to put his debtor in a position not to deal justly with all. If a creditor has a claim against a trader, which he wishes to enforce, and which cannot be met, he must know that the latter is not in a situation to carry on his business satisfactorily; that his credit is not sound: he ought either to make him a bankrupt, or, if he has obtained an execution against him, to put it in force immediately. He has no right to hold it over him in ¢errorem, and injure others by so doing. So also, we contend, that it is contrary to all sound policy to allow what is seen every day; a man starting in business on a capital entirely borrowed, and secured on the very stock obtained by means of the credit so pro- cured. The effects of this are continually before us: when difficulties arise, when a business carried on under every disadvantage fails to produce the expected profits, and a stoppage is imminent, in steps the father or uncle, or some other kind friend, and takes possession of what the party would never have obtained, had his true situation been known. It is difficult to prevent this in all cases; but much might be done if in the interval we have mentioned, between the summons and the actual bankruptcy, a check was put on the debtor's proceedings, and we understand that it is proposed that, during that time, a proper person should be placed upon the premises of the incipient bankrupt, as we may call him, whose duty it should be, and who should have authority to keep an account of all purchases and sales, and to prevent all improper removals of property. We believe that if this proposition be carried out, under any reasonable restrictions which the legislature may impose, that much good would accrue to the creditor, and much temptation to evil-doing be removed from the debtor.

Linperial Barliament, HOUSE OF LORDS.

Monday, Feb. 23. PROTECTION OF LiFe (IRELAND) Bitt.—The Earl of St Germans moved the

second reading of the Irish Coercion Bill, and, after observing on the lamentable

frequency of the crime of murder in Ireland, proceeded to adduce various docu- mentary proofs of the unsettled state of the country. The govenment had ex- hausted every resource in their power to give efficiency to the existing law, and now had recourse to the present measure, as the only means for protecting the lives and liberties of all classes, but more especially of the poor in Ireland There was every reason to believe that the crimes in question were concocted and committed by persons illegally assembling during the night ; and to prevent these meetings the bill, besides other provisions, contained a clause forbidding all persons to be out of their dwellings between sunset and sunrise. The house must not suppose that this was the only measure contemplated by the government for the relief of Ireland, but no plan of social or political improvement could be effectual until the present system of terror and intimidation was put down.—A somewhat discursive debate on the proper policy to be pursued with respect to Ireland, followed, shared in by the Marquis of Lansdowne, the Marquis of Clanricarde, Lords Brougham, Farnham, and Campbell, Earls Wick- low and Clancarty, and Earl Grey, who said, that though some of the provisions in the bill were repugnant to his feelings, he thought a case had been made out for arming the government with additional powers. He could not, however, consider the present measure as disconnected with other plans for the ameliora- tion of Ireland, and he thought the house should record, by a solemn vote, its opinion of the necessity of coupling this coercion bill with others of a more com-

prehensive and statesmanlike nature. If no other noble lord came forward, he should feel it his duty to move, on the third reading of this bill, a resolution for an address to her Majesty, pledging their lordships not to rest satisfied with this

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measure alone.— After a few words from Lord Westmeath, the bill was read a eecond time, and the house adjourned.

Tuesday,’ Feb. 24. The house met at five o’clock, when the Duke of Richmond presented petitions

against the government measures respecting the corn law from 15 places in the county of Londonderry ; from three places in the county of Tyrone ; from a place in Donegal and another in Carlow; from the nobility, tenant-farmers, &c. of Forfarshire and of Peebleshire ; from a place in the county of Elgin ; from St. Clear, Cornwall ; from the Farmers’ Club of Collumpton, Devonshire ; from Brid-

port ; from places in Montgomeryshire, Cornwall, the North and West Ridings of Yorkshire, and Derbyshire.

CASE OF BRYAN SEERY.—A short conversation took place as to the execution | of Bryan Seery, at Mullingar, the Marquis of Westmeath denying the statement of the Home Secretary in the House of Commons, a few nights since, that a deputation from the city of Westmeath had waited on the Lord Lieutenant to urge that the law should take its course. MARRIAGE Laws or ScorLaAnp.—Lord Brougham presented a petition from

Jane Wortham, praying to be heard at their lordships’ bar, in reference to the | abduction of her daughter, by a person of the name of Newenham, who was un-

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dergoing a sentence of imprisonment for two years for the offence. The noble lord, in reference to the marriage, condemned the existing marriage law in Scot- Jand, which he had unsuccessfully endeavoured to amend, and moved that the petition be referred to a committee of the whole house.— Lord Campbell entered his solemn protest against their lordships sanctioning any course of proceeding which would have the effect of dissolving a marriage which took place according to the law of Scotland. He agreed with the noble and learned lord that the law of Scotland was exceedingly defective, and ought to be amended ; and he hoped that the learned judges in Scotland would return to the opinion they held in 1835 on that subject. But while the law remained as it was he held it must be obeyed.—Lord Brougham thought, if all marriages were to be dissolved which were contracted under the same circumstances which characterised the present case, no great harm would be done. If a robber entered a house and took off a child of 14—that robber being a man of 40 —and by the grossest fraud contracted a marriage with that child, he did not think the consummation of that marriage anything but a gross aggravation.— At the suggestion of the Lord Chancellor, the

petition was ordered to be printed, before any decision was come to on the merits BROAD aNnD NARROW GAvuGES.— Lord Kinnaird, after adverting to the ad-

vantages resulting from the improvement of railways, trusted their lordships would, at an early period, grant him a committee for the purpose of inquiring whether some additional control could not be exercised over the working of existing railways, so as to insure greater safety to her Majesty’s subjects travelling by them. The noble lord proceeded to the question of the “ gauges,” and con- fessed his surprise at the tenor of the report of the commission, which, at its commencement, was all in favour of the broad, but, at its close, recommended the adoption of the narrow gauge on all railways. He wished to know when the evidence on which the report was founded would be laid on the table, and what the government intended to do in pursuance of that report.— The Ear) of Dalhousie said her Majesty’s ministers did not intend to recommend the adoption of any further step until parliament had full opportunity of consulting and studying the report, and the evidence of which it was the result, which was in a | state of active preparation.—After a few words from Lords Brougham and Hatherton, and the Marquis of Londonderry, the subject dropped.

PIERS AND HARBOURS (IRELAND) Brtu.—The Earl of St Germans moved the second reading of the Fishery, Piers, and Harbours (Ireland) bill, observing that the bill authorised the issue of public money to the amount of three-fourths the |

Lord Monteagle gave | estimated expense of the contemplated improvements. the government full credit for the spirit in which these bills emanated, and suggested that competent engineers should be at the disposal of the Board of Public Works, who would be enabled, in addition to directing their own, to direct also those of a private nature connected with them.—The Duke of Richmond should give his most cordial support to all measures calculated to better the condition of the people of Ireland.

GAME Laws BitL.—Lord Dacre, in moving the second reading of the Game Laws bill, said his principal object was, if possible, to prevent dealings between

poachers and licensed dealers for the sale of game, by compelling the dealer to keep a book of his purchases, with the name of the seller, when, if it appeared the latter was not a person possessed of land, it might be concluded that he had obtained itillegally. A qualification of ten or fifteen acres might be deemed sufficient for a seller. He also proposed a remedy, by way of compensation, against preservers of game in case of damage to the neighbouring lands.— Lord Camoys objected to the bill as making the game laws more restrictive, and feared that attempts to obtain damages would only increase existing irritation.— Lord Brougham would support the second reading, reserving himself as regarded the details.—The Duke of Richmond would also vote for the second reading; and took that opportunity of denying a statement made respecting himself, that he had paid large sums by way of compensation for damage done by game. He always caused hares and rabbits to be shot as vermin. He had destroyed his game long before the appearance of the celebrated Tamworth decree against hares and rabbits.—Lord Hatherton had destroyed hares and rabbits on his property, and found pheasants and partridges increase in consequence.—Lord Ashburton suggested the propriety of striking hares out of the

class of game »ltogether—The bill was then read a second time, and their lordships adjourned at seven o'clock till Thursday.

Thursday, Feb. 26. Lord Somers presented a petition from the city of Hereford, signed by 1,100

persons, praying for arevision of the duties on tea and sugar.—The Duke of Richmond presented 48 petitions from tenant farmers and others in various parts of the county of Derby in favour of protection to agriculture, and against the proposed ministerial measures. Bryan SEERY.—The Marquis of Westmeath asked Lord St Germans, whether

any deputation from the magistrates of Westmeath had waited on the Lord Lieutenant to pray that Bryan Seery might not be respited, and whether such a proceeding were “ harsh and unusual,” as it had been termed ?—The Earl of St Germans read a letter from the Lord Lieutenant, which admitted the fact that such a deputation had waited on him for the purpose specified. With regard to the second question, he thought that such a proceeding, ifnot harsh, was at any rate very unusual.—After some further conversation, in which, Lord Stourton and Lord Brougham joined, the matter dropped.— Several bills were then forwarded a stage, and the house adjourned at six o’clock.

Friday, Feb. 27. The Lord Chancellor took his seat on the woolsack at five o’clock. Lord Radnor presented petitions in favour of the repeal of the corn laws from

Kilbirnie, in Ayrshire; Allardice and three other places, in Forfarshire; from Taunton and Beddington, in Somersetshire; from a place in Montgomeryshire; and from Croydon

DRAINAGE (IRELAND) Bitt.—On the motion that the house go into committee on this bill, Lord Monteagle complained that the Board of Works was utterly inadequate to the labour thrown upon them. They might multiply their

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bills and money votes, but unless they gave the means a practical direction, these '

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{Feb. 28, would be utterly ineffective-— The Earl of St. Germans stated that it was the intention of the government to appoint a number of competent military engineers to assist in the operation. Lord Monteagle expressed himself entirely satisfied.

Lord Cottenham was understood to introduce a bill to facilitate drainage on private properties ; after a short discussion on which, and some other business, their lordships adjourned till Mondiy.

HOUSE OF COMMONS. Monday, Feb. 23.

The house met at four o'clock, when a great number of railway bills were read a second time.

Amongst numerous petitions for and against the commercial measures of the

government, Mr Duncan presented one from a number of shipowners in Dundee, complaining of the allegations contained in a petition presented to the house from fifteen shipowners of the port of London against certain measures of commercial policy contemplated by her Majesty’s government. The petitioners denied that the fifteen London shipowners represented the feeling of the ship- owning interest, and prayed that the proposed measures should be passed into law.

rue GREEK LoAN.—In answer to questions from Mr B. Cochrane in reference to this subject, Sir R. Pecl stated that the government of Greece had not yet made any provision for paying the interest On the loan, and that, in failure of that provision, it would fall upon the guaranteeing powers to make provision for paying that interest, which would become due at an early period. With reference to the report that the mail had been stopped and the despatches to Sir Edmund Lyons, and others torn and destroyed, he had to state that it was quite true.

IkisH FRANCHISE AND REPRESENTATION.—In answer to some from Mr O'Connell, Sir Robert Peel stated that it was the intention of go-

vernment to introduce into parliament, as soon as the commercial measures at

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ment of land in Ireland, by giving compensation to tenants for improvements | which had been effected during the period of their tenancy. Also a bill to amend the county registration, and the mode of holding elections in Lreland generally, the effect of which latter measure would be to produce an alteration | in the county franchise. Government likewise proposed to bring in a bill for assimilating the municipal franchise in Ireland to that adopted in England.

EXECUTION OF BRYAN SEERY.—In reply to an application from Mr O'Con- nell, Sir James Graham expressed his readiness to lay before the house the cor- | respondence between Bishop Cantwell and the Lord Lieutenant of Ireland, | relating to the recent execution of Bryan Seery, at Mullingar. He also stated | that a deputation from the county of Westmeath, had applicd to Lord Heytes- bury to have the sentence of the law, in this instance, rigidly carried into effect.

The result had coincided with the petitioners’ request, though his lordship’s decision had been influenced by totally different considerations than anything those | persons had advanced

THE ADJOURNED DEBATE Was resumed by Mr E. Buller, who controverted the trite and often repeated doctrines, to which even Mr D’Israeli had failed to add the slightest novelty, that imports without reciprocity drained the country of specie, lowered prices, and ultimately lowered wages. He did not consider it

impossible to fight hostile tariffs by free imports. Since 1820, when we first | removed prohibitory and relaxed protective duties, our imports had increased | from 32,000,000 to 72,000,000 in 1843, and our exports from 38,000,000 to |

117,000, in the Moreover, we had increased our exports to France, and diminished our imports from that country. He then noticed Mr D'israeli’s argunent, that it would be dangerous to the independency of Great |

Britain at all times, and especially in times of war, to depend upon foreign countries for a supply of corn. In the first place, he denied that we were independent, at that moment, of foreign supply. In times of deficiency we were, even now, dependent upon foreign countries for our supply of corn for two months. In the next place, even in time of war, if we retained the command

of the sea, we could draw our supply from every part of the world. He concluded by declaring his intention to give his most cordial support to the measures introduced by her Majesty’s Ministers.—Captain Bateson avowed that, | as an Irish member, he should give his decided opposition to the hazardous | and revolutionary scheme of the government.—Mr M. Gore and Mr R. A. Fitz- gerald spoke in favour of the government measures, after which Mr Lockhart | expressed the deep regret which he felt at being compelled to vote against Sir |

00 Same year.

R. Peel on this measure; but he had no choice, as he was convinced that it would sweep away all the small farmers of the country, and would throw out of cultivation all the inferior land in the country.— Sir George Clerk next addressed the house. Mr D’Israeli had alleged that the proposals of government were directed to a two-fold purpose ; first, to provide

for a sudden casualty, and secondly, to construct a new system. He admitted the first, but denied the second inference. Government were carrying out a policy which, for the last twenty years, had been successively acted upon by every administration which had presided over public affairs. He then referred to the failure of the potato crops in Ireland. Not only, however, had this calamity happened in Ireland, but it had extended to various parts of this country, and in the metropolis the supply had fallen off to the extent of one third, and the price had been proportionally enhanced. A large consumption of corn must be the necessary result, and it was incumbent upon government to do their best to remove every obstacle which was interposed to a sufficient supply. They could only have effected this either by proposing a measure like that before the house, or by advising her Majesty to sign an order in council for opening the ports. ‘There were various objections of great force to the latter proceeding, while the former was the more efficient, as Well as more constitutional, and it had therefore been adopted by government. Mr Miles had greatly exaggerated the prospects of a supply of foreign corn. The largest annual importation from Russia had been 317,000 quarters, and there was good reason to expect that the largest tupply we could thence derive in a year, for some time, would not exceed 700,000 quarters. The supplies from America, it was probable, would be still

more limited by reason of the rapid extension of her population, and the consequent necessity of her producing food for her own people. On the other hand, there was good ground for anticipating that the increased demand in this country would more than keep pace with any additional importations. He then exposed, with great success, the fallacious statements of Mr D'Israeli concerning the effects of free trade in respect to cotton and tea. He triumphantly refuted Mr Muntz’s alleged illustration of the evils of free trade in the case of the zinc manufacturers, and that of Mr D’Israeli in the matter of silk; in the latter instance the importation on one item had risen 150 per cent since the adoption of a liberal policy, while in the former many additional branches of the manu facture had been created, thereby supplying employment to large masses of the community. Mr D’Israeli had recommended diplomacy as the sole medium for improving our trade with France, affirming that all the French statesmen were for “ protection to native industry.” Statistics showed that reduced duties had effected a great improvement in this branch of our foreign trade, which had increased one-sixth since the year 1830. He concluded by exposing the fatal tendency of Mr D’I-raeli’s proposal to retain the corn laws, with the view of propping up the station and influence of the landed aristocracy.—

—_— —__ TC -

1846.] Mr Liddell referred to the proceedings at the election of 1841, and to those at

present taking place in Nottinghamshire, for testimony ag:inst the statement of Sir George Clerk, that government had not varied from their original policy by introducing the present measure. He condemned the proposals of government as, in the matter of timber, placing in jeopardy the welfare of the shipping interest, and, in opposition to the policy under which the navigation laws had been con- structed, postponing our national security to mere chimerical commercial advantages. Another consequence of the present measure would be to damage our own colonies by ruining lands hitherto under corn cultivation. It contained, however, one redeeming point, and that was the amendment of the law of settlement. This provision would be a boon to the agricultural interests, but a still further tribute to the great cause of justice and humanity. He concluded by signifying his intention to vote for the amendment.—Mr Hutt showed that the whole amount of our importations must be balanced by our exrportations; and urged the absurdity of regulating our commercial dealings by circumstances

operations of our commercial and industrial energy.—Captain Harris opposed, and Mr Monckton Milnes supported the government, the latter urging that time

follow. But though indulging in those views of moral and intellectual progres- sion, he regretted that Sir Robert Peel should have sacrificed the confidence of his party, and gave him his support as a matter of political necessity, not of political conviction.—When he had concluded, the debate was adjourned on the motion of Lord Ingestre.

The Chancellor of the Exchequer obtained leave to bring in a bill to regulate the joint stock banks in Scotland and Ireland. He said he would proceed with the measure at an early period of the present session.

The other orders of the day were then disposed of, and the house adjourned at a quarter before 1 o'clock.

Tuesday, Feb. 24. rhe house met at four o'clock. After a number of railway bills had under-

gone a second reading, a great number of petitions on various subjects were presented.

EFFECTS OF THE PROTRACTED DeBATE.—Sir R. Peel said he had to present a petition from the president and other members of the American Chamber of Commerce in Liverpool, stating that in consequence of the suspense which existed as to the decision on the commercial measures recently submitted to the consideration of Parliament great embarrassment was caused to trade. The petitioners therefore earnestly prayed the house to bring the discussion on these matters to a speedy decision. (Cheers.)

THe OPERATIONS ON THE Sut: EJ.—Sir R. Peel rose to give notice that he should, on Monday next, move the thanks of the house to the Governor-General, the officers, and men of the British and Indian army employed in the recent operations on the left bank of the Sutlej (her, hear); and in order to make

those operations more intelligible, and the policy of the Indian government more clear, it was his intention to lay on the table of the house previously to

regarding the policy pursued in that country. (Cheers.) PosTiGE IN INpDIA.—Mr Hume, in moving for documents in reference to

this subject, said he meant to call the attention of the house to the state of the

postage laws in our colonies and in British India, with the view of their deriving the same advantages from a moderate and uniform rate of postage as we have in this country.—Returns ordered.

THE ADJOURNED DEBATE was resumed by Mr M. J. O’Connell, who stated that the present condition of Ireland rendered imperative a legislative measure for providing a freer supply of food in that country, and the proposals of government would have such effect.—Colonel Conolly agreed with Mr Shaw that the failure of the potato crop in Ireland had been greatly exaggerated. He predict- ed that the greatest misery would follow the adoption of the proposal.—Lord Ingestre called upon the Chancellor of the Exchequer to explain why he retained

—_—$—$———$—— ssf

as that which, in 1829, induced Sir Robert Peel to vacate the representation of

the sister university. Ie condemned the measure before the house as likely to prejudice every interest of the country, and as inconsistent with the former policy of government.—Mr Trelawney should give those measures his hearty support.— Mr Packe expressed his intention to vote for the amendment.— The Chan- cellor of the Excheqner contradicted the rumour of his being opposed to the measure, and yielding it a reluctant support to preserve his party in power. He denied that it was incumbent upon him to appeal to his constituency on this occasion, as the compact between him and them was completely fulfilled by his

supporting measures adapted, in his belief, to the general interests of the community. Mr Liddell had denied that the shipping interest had been benefitted by the adoption of a freer commercial policy. Statistics indicated the contrary ; since 1842 there had been an increase of one million tons in the tonnage of our foreign shipping. An open trade in corn would exert a peculiarly important influence for the benefit of our commercial marine engaged in the Baltic trade. He read the testimony of an extensive shipowner to the advantages conferred by the relaxation of the corn law in 1842, and by the contemporaneous change

in the timber duties. The agriculturist must necessarily be benefitted by the impulse which a free commercial intercourse with other countries would afford to our native manufactures. The consistency of public men had been a topic

| prominently introduced into this discussion, but the term consistency meant something different from a blind adhesion to a particular law, at all times and

| under all circumstances. The Protectionist party were not consistent, if una- nimity upon the corn law were to be taken as the test, some proposing its con-

tinuance for a longer period than others. He might be charged with political cowardice, but he was afraid to retain party connexion at the expense of great public interests; and if he was guilty of political tergiversation, it had been to shield his friends from their own want of foresight at this important crisis.— Mr Ferrand repeated the imputation he had, on a previous evening, made upon the petitions presented by Lord Morpeth, from the West Riding, in favour of free trade. He then detailed, in his own peculiar style, the proceedings of his recent

electioneering crusade into Yorkshire. Having concluded this narrative, he proceeded to catechise, in a pretty severe manner, various members who had severed themselves from the Protectionist party, reading extracts from their former speeches amid most uproarious mirth. The next topic was the cruelties practised under the factory system. That system he declared had a natural tendency to produce murder, and every other kind of atrocity. He also charged the poor law commissioners with having conspired with the manufacturers to kidnap the agricultural labourers under promise of “a land flowing with milk and honey.” Having made some allusions to the tenure upon which he held his seat in parliament, he concluded by announcing that he should do his duty.— On the motion of Mr Broadley, the debate was then adjourned till Thursday.

The other orders having been disposed of, the house adjourned at a quarter to one.

Wednesday, Feb. 25. The house met to-day at 12 o'clock. Mr Greene moved the suspension of the standing orders 114 and 119 with re-

spect to all railway bills entitled to the privileges agreed to be granted in certain cases by a resolution of the house on the 7th day of July, 1845.—The motion Was agreed to.

which restrict the natural course of trade, and injuriously confine the whole |

THE ECONOMIST.

|

| Same question, one from Dundee for instance, some of them taking different views

that day some despatches recently received from the Governor-General of India |

| of the tariff before he finished the discussion on the corn bill?—Sir R. Peel meant

his seat for the University of Cambridge, after a change of opinion as complete |

, : ‘PI mom me | of the members who formerly represented Sudbury. and experience modify opinion, and that legislative changes must necessarily |

TS oe

267

™ Tue Irish CuuacH.—Mr Stafford O’Brien called attention to a declaration which had recently been made by Mr Evelyn Denison on the hustings in North- amptonshire with respect to Lord Lincoln’s opinion upon the Irish Church question.—Sir James Graham suggested that it would be better to defer an explanation of the matter until his lordship appeared in the house.—Lord John Russell had learned through Mr Denison the purport of the conversation to which reference had been made, and he could state that Lord Lincoln had expressed no

opinion hostile to the established church in Lreland, or inconsistent with the previous policy of the government.

BrY aN SEERY.—Sir James Graham gave a short explanation of what had occurred at the recent interview which had taken place between the Lord Lieu- tenant of Ireland and the deputation of Westmeath. The primary object the deputation had in view, was to direct the attention of government to the dis- turbed state of the county of Roscommon, but, incidentally, reference had been made to the case of Seery.

Mr O'Connell gave notice that, at an early opportunity, he should move that two additional members should be returned for the county of Cork, in the place

ge The house adjourned at a quarter to one.

Thursday, Feb. 26. The house met at four o'clock, when Mr H.'Vyse took the oaths and his seat for

the southern division of Northamptonshire. Among the petitions presented were two by Mr Hawes from haberdashers and

hosiers, praying for a general limitation of the hours of labour ; and three by Mr Duncombe against the employment of militia. Mr Bright also presented petitions, praying for the abolition of the corn laws, from O:ken Gates and Paines | Lane, in the county of Salop; from Herne, Kent; from the labourers of East

lisley, Berks; from Towyn, Merioneth, Welchpool, Bowden, Roxburgh, Merton, Staleybridge, and Great Torrington, in the county of Devon.

THE TIMBER TRADE. —Sir R. Peel had been requested by the shipowners of | Tynemouth to present a petition from them, signed by 108 shipowners, repre- | senting 260 ships, with a tonnage exceeding 7,000 tons. They state that it would be of the utmost importance to them to have timber as cheap as possible, and they pray the house to take the subject into consideration. With respect to this subject, the hon. member for Durham, who presented a petition to the same effect from shipowners in London, moved that the petition be printed in the votes, with the view of founding a motion onit. As there had been several petitions on the

of it, he would therefore move, that those petitions which had been presented respecting the timber trade be printed; and he would also move that a copy of a letter of Mr George Frederick Young, chairman of the Society of Ship- owners, on the subject of the timber duties, should be reprinted with the petitions. Agreed to,

rue TARIFF.—In answer to a question from Mr Mitchell, Sir R. Peel begged to say, that after the decision with respect to the corn laws, he should proceed as rapidly as possible with the other articles in the tarif{.—Mr Mitchell wished also to know whether the right hon. baronet would go on with the other articles

eg

to proceed with the corn bill.

PERSONALITIES OF THE DEBATE.—On the order of the day being read for the adjourned debate, Mr Roebuck asked the members on the Protection benches

when the debate oa the corn laws was likely to end? His reason for asking that question was, that on Tuesday night last Mr Ferrand had consumed two mortal hours and a half in speaking about anything and everything, rather than the subject in debate. If the house wished to maintain its dignity it must put down

vulgar vituperation, indecent menace, and violent language, and not allow Mr

Ferrand to come down to the bouse like Orson with his club to beat down ‘all opposition by the violence of his language.—Sir R. Inglis read Mr Roebuck a severe lecture for taking advantage of Mr Ferrand’s absenee to stigmatize him in the most violent language. The Gracchi might complain of sedition with as much justice as Mr Roebuck could of bitter personalities —Mr Bright availed himself of the opportunity to deny the statement which Mr Ferrand had made respecting Mr G. Wilson in his speech of Tuesday night. Mr Wilson had never called a meeting of starch manufacturers to oppose the relaxation of the pro-

tective duties on starch, and had not been a member of any deputation which waited on Sir R. Peel for such an object—-Mr Colquhoun assured Mr Bright

that Mr Ferrand, when in his place, would be ready to defend all the statements

he had made.—Dr Bowring complained of the attack which Mr Ferrand had made on Mr Henry Ashworth of Bolton, whom he had accused of “ cold-blooded

cruelty.” He denounced the statements of Mr Ferrand respecting the poverty,

nakedness, and wretchedness of the people in Mr Ashworth’s employ as altogether untrue.—Lord Morpeth read a letter from the operatives of Union Mill, which he had received along with their petition, for the purpose of proving that in signing it they were (to use their own words) free as the air they breathed.

THE ADJOURNED DEBATE was then resumed by Mr Ross, who supported the government proposition. He entered into a statement respecting the culture and growth of flax in Ireland, showing that the Irish flax grower, when protection was withdrawn, would be more than able to compete with the Belgian flax grower.—Mr B. Denison regretted that Mr Ferrand was not in his place; for Mr Ferrand had alluded to him the other night in his absence in a way in which he was by no means justified. Mr Ferrand had stated to the house that Sir R. Peel, when he did him the honour to ask him to second the address, had deceived him as to the measure which he (Sir R. Peel) intended to propose. Now, Sir R. Peel was the last man in the world to deceive anybody ; and in no way, either directly or indirectly, had he deceived him. Though he should oppose to the utmost the government scheme, he hoped that, if it were made law, it would promote the public interests in the way which Sir R. Peel expected.—Mr Brotherton observed, that as the last speaker seemed to imagine that a change of opinion was in itself derogatory to the man who avowed it, he must remind him of a passage in a very ancient book, in which it was laid down that “a wise man often changes, because he often doubts ;”

whereas, “ a fool changes not, because he continues steadfast to his perversity.” — Mr Christopher expressed his intention to resist the measure of the government, and to give his cordial support to the amendment of Mr Miles.—Mr Cardwell gave his cordial support to the measure of Sir R Peel.—Mr Finch appealed to the house not to assent to the monstrous injustice of sweeping away at once all protection.—Mr Seymer undertook to say, that in Dorsetrnire the farmers were to a man strong protectionists, and he believed that nine-tenths of the farmers in other counties in England were so too. Their opinions were, therefore, entitled to respect from her Majesty’s government.—Mr. Villiers believed that the farmers of England were a loyal set of men; but he was almost surprised at it after the temptations to which they had been exposed by the violent and inflammatory language of their landlords against her Majesty’s government. He called attention to the different manner in which this law was originally passed, and in which it was now proposed to repeal it. The law was passed through the house as quickly as law could be; but the proposition for the repeal of it had been delayed for more than three weeks, by a fierce party opposed to the public good. That delay, too, had been persevered in after they had received full information of the mischief inflicted on commerce and mann-

RRR emt i a ae a rn a RR a re

——ay

268

factures by the protracted length to which they had spun out this discussion, for which nobody cared except so fur as regarded its result. He expressed his joy and satisfaction at the concession made to wisdom, truth, and justice, in the proposals and avowals of her Majesty’s government. That concession, he

was bound to say, had not been made by the members of that government, at any sacrifice of private honour or of public principle, but had been extorted from them by a conviction of the great danger in which the country was placed from an apprehended deficiency in the supply of food. He had placed on record the opinions of his constituents, who, in a petition, had declared that they gladly received this measure as a great instalment of the debt due to them. Mr Villiers then commented on several of the speeches made by the protectionists in the house and elsewhere, and more particularly on a speech made by Lord Stanley some years ago in Lancashire, when he admitted that the corn laws raised rents, and raised the price of food, but did not raise the rate of wages.

Such was the system for which the landowners of England were fighting; and that was the system which rendered the prosperous farmer “so rare a bird that he was to be stuffed and sent as a cusiosity to the British Museum,” and the la- bourer so demoralized that his wretched condition had passed into a by-word. Yes ; the complaint of the agriculturists was low prices, and their object in supporting the corn laws was high prices. In bringing forward this measure the government was protecting the agriculturists from themselves, and he hoped that they would have good sense enough to see that, and to consent to the abolition of a law which was an evidence of their past selfishness and present shame. —On the question that the debate be adjourned, Mr Ferrand observed that he had

been attacked in his absence. He gave notice that he would be in his place to- morrow, at 5 o’clock, and that he would return their civilities on the proposition for reading the first order of the day.

After some other desultory conversation, the debate was then adjourned. other orders of the day were then disposed of, and the house adjourned.

Friday, Feb. 27. The Marquis of Worcester took the oaths and his seat for Gloucestershire. A long preliminary discussion took place in respect to some observations

made in the house on Thursday, in reference to the imputations of Mr Ferrand against several parties both members of the house and otherwise, in which Mr Ferrand, Mr Bright, Mr D’Israeli, and others, took a part. Mr Bright defended

Mr Geo. Wilson, Mr Ashworth, and others, from the imputations of Mr Ferrand, which he declared to be “false and calumnious.” An allusion by Mr D'Israeli to Sir Robert Peel’s attack upon Mr Cobden, in 1843, was the occasion of calling from the right hon. baronet a retractation of the charge then made, and Mr Cobden, on his part also, wished to retract whatever he might have said in the heat of debate, there or elsewhere, unfavourable to the right hon. baronet. After other preliminary remarks,

THE ADJOURNED DEBATE was resumed by Mr Banks, who supported the amendment. Mr Escott followed in support of the original motion. Captain Gladstone followed, and expressed his regret that he felt obliged to oppose the government.

Mr. CoppeEN then addressed the house in a long and powerful speech, in which he pointed forcibly to the impolicy of the Protectionists in attempting to urge this question to a general election. They might possibly obtain a majority of seats, but would that be a majority of the country. If all the large constituencies in the country were represented on one side, and that formed a minority of votes, and the small counties and the boroughs on the other side, and that proved a majority of votes, could such a test of the opinions of the country be conclusive ®

Mr Cobden concluded a long and able speech amid great cheers and applause from both sides of the house. Mr Spooner, Mr Borthwick, and Lord George Bentinck followed, who all opposed the original motion. At a few minutes to three the house divided, when there appeared :—

For the mctlon, cc.cccscsssssssssssccssscceserccvcce SOF ee

Majority, 97. The announcement was received with loud cheering.

committee pro forma, and then adjourned till Monday.

The

The house went into

Court and Aristocracp.

A CABINET Cocncit was held on Tuesday afternoon at the Foreign-office, which sat an hour and a half.

CouRT AND Privy Councit.—The Queen held a Court and Privy Council Wednesday afternoon at Buckingham palace. Sarim Effendi, Ottom#n ambassador, had an audience of the Queen to take leave. Baron Dedel, Netherlands minister, also had an audience of her Majesty, on his return from the continent. Sir Thomas Cartright, G.C.H., was presented to the Queen at an audience, by the Right Hon. Sir James Graham, on his :eturn on leave of absence from his mission. Mr Mandeville was presented to her Majesty at an audience on his return from his mission to Buenos Ayres. The Marquis of Abercorn, and the

Hon. James Archibald Stuart Wortley were, by command of the Queen, sworn of her Majesty’s Most Honourable Privy Council, and took their respective places at the board. The Queen gave audiences to the Lord Chamberlain, Sir J. Gra- ham, the Duke of Wellington, the Duke of Buccleuch, and Sir R. Peel.

Her MaJsesty's Drawinc Room.— The Queen held her first drawing room this season on Thursday afternoon, at St James’s palace. Her Majesty and Prince Albert left Buckingham palace shortly before two, in five dress carriages. A vast concourse of spectators had assembled in the Park, and her Majesty was greeted with every manifestation of loyalty. The weather was delightfully fine, and displayed to great advantage the glittering liveries of the royal party. ‘The Duchess of Kent, attended by Lady Fanny Howard and Sir G. Couper, was present at the drawing room. The Duke of Cambridge, attended by Major Stevens and Prince George, was also present. Before the drawing room, her Majesty, according to annual custom, received a deputation from Christ’s hospital in the throne room. Her Majesty was pleased to express the lively interest she felt in the continued prosperity of Christ's hospital, of which ancient institutiou her Ma- jesty and Prince Albert have for several years past been governors. The following presentations took place in the diplomatic circle: — Princess Nicholas Ester- hazy, and Mademoiselle Dedel; the Baroness de Langen, wife of Baron de Lan-

gen; Prince Nicholas Esterhazy, and Count Rodolph Kinsky. The foreign diplomatic circle was very numerously attended, as was also the gener.1 circle. Among the presentations the youthful Princess Nicholas Esterhazy was the “ observed of all observers.” Her beauty and the splendour of her jewels attracted alleyes. Her dress was the Hungarian costume, always worn by the ladies of the great family into which she has married.

Her Majesty and the Prince Consort left town early yesterday morning, via the South Western railway, for the Isle of Wight, and were expected to arrive at Osborne house before noon.

We regret to announce the decease of the infant son of the Earl and Countess of Clarendon, who expired on Thursday morning after a short illness, arising from teething, at the family mansion in Belgrave square. The decezsed infant had completed his first year, and was the eldest son of the noble Earl and her Ladyship. The birth of a second son was only a few days since.

THE ECONOMIST. (Feb. 28, Sir George Clerk, it is stated, will proceed immediately to Calcutta. Major

General Sir George Pollock retires from the Council on account of ill health. It is rumoured that Lord Lincoln is to be brought into the House of Commons

for the borough of Carrickfergus, the present conservative member, Mr Peter Kirk, retiring for the purpose ; and that Sir John Owen is to vacate his seat for Pembroke in Mr Gladstone's favour. ANOTHER RESIGNATION.— The Hon. Captain Gordon, M.P. for Aberdeenshire,

announces to his constituents that he has seen it his duty, in reference to the present measures of government, to take his stand on the side of protection to the native industry of the country: and, in order to leave himself free and unfet- tered on the subject of the corn laws, has resigned his seat at the Admiralty Board,

Che Metropolis. THE VICTORIES UPON THE SUTLEJ.— At ten o’clock on Monday, the Park and

Tower guns Were fired in honour of the recent achievements of the British arms. So unexpected was this loud announcement at so late an hour, that it was gene-

rally misunderstood, and at first supposed by many loyal subjects to refer to another joyful event.—7 mes.

MUNIFICENT CONTRIBUTION.— Monday morning the Secretary of the Philan- thropic Society received the handsome sum of 1,000/ as a donation, in further- ance of the views of that society, from Charles Donkin, Esq. of Cheltenham.

THE SOCIRkTY OF FRIENDS have addressed Sir Robert Peel on the dispute

existing between this country and the United States of America with respect to the Oregon territory. The address was presented to Sir Robert Peel and the Earl of Aberdeen, Secretary of State for Foreign Affairs, by a deputation of

eight members of the Society. arbitration.

LIVERPOOL AND LoNDON.—It is determined to run early express trains from

Liverpool and Manchester to London, leaving those places at six o'clock in the morning, and arriving in London at twelve. It is further arranged, that the express train now leaving London at four o'clock shall leave an hour later, so

that parties coming to London in the morning can have five hours in London, | and return to those places the same evening.

STRIKE AMONG THE ENGINEERS, MILLWRIGHTS, AND SmiTiis.— During the |

last few days, the whole of the London mechanics connected with the various

extensive engineering establishments have been in a state of great commotion, in consequence of the whole body of the trade having struck work, for the pur-

pose of getting the masters to sign an agreement to allow them to leave off at

four o'clock on Saturdays, and to be paid their full time. EXTENSIVE FirE.—On Sunday morning, about half-past two o'clock, a very

extensive conflagration broke out in a spacious range of premises in St. George's Place, St. George's in the East, in the occupation of a sugar refiner. ‘The engines were got to work with as little delay as possible; but by that time the flames had reached the roof of the manufactory, which gave way with a loud explosion, carrying with it the five floors to the basement. The premises and contents were insured to the extent, it was understood, of near 16,000/ ; but the actual loss will

exceed that amount considerably. MORTALITY IN THE METROPOLIS.—Number of deaths from all causes regis-

tered in the week ending Saturday, Feb. 21, 1846 :— Epidemic, endemic, and contagious diseases eee a 31S Diseases of uncertain seat ... ose ove one §=«-: BB. Diseases of the brain, nerves, and senses eee eco 178 Diseases of the lungs, and other organs of respiration eee 296 Diseases of the heart and bloodvessels oon ove owe 27 Diseases of the stomach, liver, and other organs of digestion oe «= oS Diseases of the kidneys, &c. ... ove ove ove oe 13 Childbirth, diserses of the uterus, &c.... ooo eee ane 12 Diseases of the joints, bones, and muscles 12

Diceases of the skin, &c. . ° 6 Old age, or natural decay ... eee 44 Deatlis by vivlence, privation, or intemperance - 35 Causes not specified os ove 3

Deaths from all causes ooo “ne eee 951 Males «501 | Females ew 450

Births in the Week.—Males, 738; females, 703.—Total, 1,441.

Che Provinces. CAPTaIN VyseE (Protectionist) was elected on Tuesday without opposition for

South Northamptonshire, in the place of Mr Cartwright, resigned. DEFEAT OF LorD LincoLn.-—The South Nottinghamshire election has ter-

minated in the defeat of Lord Lincoln. According to the correspondent of the Times, “the Earl of Lincoln has been grossly misled by h's paid agents,” and is “now suffering both physically and mentally from the fa:igue and personal mortification to which he has been exposed in canvassing the constituency.” The following is the final state of the poll :—for Mr Hildyard 1,738, Lord Lincoln 1,027 ; total majority 711.

MEFTING OF AGRICULTURAL LABOURERS IN HAmMpsuire.—The labourers of Hampshire, in imitation of the example set in Wiltshire and some other counties, held a numerous meeting on Monday evening, at Sheril-heath, Waltham-chase,

for the purpose of “describing their state and condition under corn law protection.” The place of meeting was a yard belonging to a farmer and general dealer, named Witford, and wae denoted to the surrounding country by a union jack flying from a tree upon an eminence. time nearly 1,500 persons were present. They were chiefly dressed in smock- frocks, and many had come from considerable distances. It was a torch-light meeting. Several of the speakers were women. One speaker concluded his ad-

It strongly deprecates war, and reeommends |

li

The chair was taken at six, by which |

dre:s in these words:—“ All I have to say is, may God, who rules the heart of | our good Queen, and also the hearts of our rulers, turn their hearts to some feeling for our suffering, so that they may take us out of our distress and hunger by repealing the corn-laws, if that will do us any good.” LKesolutions, declaratory of general distress, and calling for the total and immediate repeal of the corn laws, | were unanimously adopted, as well as a petition embodying their sentiments. * SHockinG ACCIDENT AT FOLKSTONE.—Loss OF THIRTEEN Lives.— On Tuesday last, at noon, twenty men employed in extending the sea-wall at Folk- stone, by some meana or other obtained access to a cave which the South Eastern railway company used as a powder magazine. The men got in with the view of being sheltered from the rain while they partook of their dinner, after which one of them lit his pipe, and then carelessly threw a congreve match on the ground | among some loose powder. In one moment the cave was rent, and the poor unfortunate men were blown a considerable distance by the explosion, some into | the sea and and others against the rocks. Eleven of them were killed on the | spot. The remaining nine, with one exception, who miraculously escaped with |

comparatively little injury, were very seriously injured. Two of these have since died.

Tuk Rereav Association held their usual meeting on Monday, when a letter |

| 1846.)

Doo Castle, as a candidate for the vacancy in the representation of Mayo,

created by the retirement of Mr Mark Blake.—The week's rent up to four

o'clock, showed a deficiency of nearly one-third on last week's receipts, the amount at that time being but 213/

Forciqn and Colontal.

InDIA.—The ¢ xtraordinary express from Marseilles, in anticipation of the Bombay mail of the 17th of January, brings some of the important details of the three actions which took place on the 18th, the 21st, and the 22nd of Dec.,

imperfect intelligence of which has before been published. The conflicts took place at Moodkee and Ferozeshuhur, about twenty miles from Ferozepore. The Sikhs having passed the Sutlej in great numbers on the 12th, 13th, and 14th of December, proceeded to attack the post of Ferozepore, which was held by Sir

John Littler, with about 7,000 men. After some feints, the Sikh army, finding the Governor-General and the Commander-in-Chief were hastening to support the Ferozepore division at the rate of thirty miles per day, moved off to inter-

| cept them. In the evening of the 18th, the Governor-General and the British army, after a long march, had reached Moodkee and encamped, when the Sikh army, 30,000 strong, came hurrying forward and attacked. A short but conflict ensued ; the Sikhs retired, leaving their guns to the British.

| the killed was General Sir John M‘Caskill. died subsequently.

severe

Amongst

Sir Robert Sale was wounded, and The 19th and 20th were spent by both armies in burying

their dead and in procuring reinforcements. Sir John Littler, at the head of

5,000 men, joined the British on the 21st, about sixteen miles from the camp. rhe British army then formed itself into four divisions, the right under the command of Sir Hugh Gough, the centre commanded by Major-General W. R. Gilbert, the left by Sir J. Littler, and the rear by Sir Harry Smith. . The Sikhs were commanded by Tej Singh, and had formed intrenchments in a jungle country, which rendered the march of infantry extremely difficult. The Sikhs have long been remarkable for their artillery; they were provided with heavy guns, which did great execution. Sir John Littler failed in his attack on their position. General Gilbert was successful rhe first position of the enemy was

taken: the darkness of the night prevented the continuance of the conflict. rhe British troops bivouacked on the ground rhe Sikhs found out where the

Commander-in-Chief and the Governor-General had taken their station, and they opened a heavy fire on it. The British troops rose up and drove them off. On the morning of the 22nd, the fight was renewed, and General Gilbert stormed several parts of the enemy’s position, although every effort had been made during the night to strengthen it. hirty large guns were taken. The British soldiers afterwards began to collect their wounded, and to bury the dead ; when large bodies of cavalry and of the camel corps, with swivels, attacked them. The British artillery and cavalry had retired towards Ferozepore, but the infantry drove the enemy back three several times at the point of the bayonet. The con-

|} test of the 22nd appears to have been carried on by General Gilbert and by the Governor-General, who headed the centre. The Sikhs, from their acquaintance

| with the country, possessed great advantages, of which they profited to the utmost. They worked mines before their intrenclhiments, and in their front position, which they blew upon the approach of the British, and destroyed hundreds. ‘The valour of the British troops caused dismay amongst the majority of the turbulent Khalsa

| soldiery. Tej Singh, their commander, had an interview with the Governor- General, who refused to enter into any terms until the British were under the walls of Lahore. Tej Singh retired with some of the Sikhs to an island, where he was threatened by the British and by his own countrymen. At lengt' the

whole of the Sikhs retired from the British territory, and on the 31st of December the Governor-Cieneral issued a proclamation stating that—

* All natives of Hindostan who, after the promu!gation of this proclamation, continue in the service of the enemy, will be considered to have forfeited all claim to

British protection, and will be treated as traitors to their country, and enemies of the British government.”

| This is said to have been founded upon the conduct of a regiment of Bengal

cavalry, which refused to charge the Sikhs, and otherwise disgraced themselves during the battle rhe Sikh troops having been disappointed of their plunder and driven out of the British territory, doubts are entertained of their uniting to fight another battl rhe following extract from the correspondence of the daily papers enters into some of the details of this sanguinary conflict :—

“The total number of men said to have been brought by the Sikhs into the actions at Ferozeshubur is 50,000, while the British foree only amounted to 20,000. Besides this disparity, we were in artillery dreadfully over-matched. The Sikhs are said to have had upwards of 100 pieces of cannon, amongst which were several sixty-four,

thirty-two, twenty-four, and eighteen-pounders, while te British only numbered fifty, most of which were six-pounders. The enemy’s guns were most efficiently served, and committed fearful havoc, Our horse artillery suffered severely, the harness being cut up, and many of the horses killed. No authorised list of the killed and wounded has as yet appeared, but when I tell you that the detail made up from private information, and which is still incomplete, gives the names of no less than sixty-two officers killed and thirty-eight wounded, while upwards of 3,000 men, native and European, have been either slain or disabled, you will be able to form some idea of the terrific carnage which has occurred. The gallant aud devoted Sir R. Sale, Sir John M‘Caskill, Major

Broad{vot (the Governor-General’s agent on the north west frontier), and Major Fitzroy Somerset (Sir H. Hardinge’s military secretary), head the long and melaucholy catalogue of those who have fallen ‘ to rise no more.’ “There is no doubt whatever that the Governor-General contemplates crossing the

Sutlej and marching to Lahore. For the present he remains at Ferozepore, in order

| that the different regiments still marching from various quarters towards the frontier

may have time to join, and the army be well supplied with stores and ammunition. An enormous siege train is also in preparation at Delhi, whichis expected shortly to be

moved up; and, according to report, the entire ‘army of the Sutle)’ is likely to enter the Punjaub about the beginning of next month, While its operations are confined to the pliins it will carry everything before it, but nearly half of the country is an alpine region, and amongst the hills of Jamoo and Kangra, studded as they are with strong forts, and the stupendous mountain ranges which encircle Cashmere, our troops may

whicl at present are littled:eamof. Touching the army, itis clear

ust bean increase, and that speedily; the Punjaub could not be held with- encounter obstacles

there 1 out it.’

West INnIES ty the steamer 7uy, the usual files of West India papers were received in London on Saturday. They contain little news of interest. The dates are Jamaica 23rd, Antigua 28th, St. Thomas 3lst. The 7ay brought 17

passengers, and on freight 4,842 ounces of gold and gold-dust, 36 casks of coffee,

302 biles of sarsaparilla, 915 lb. of tortoiseshell, and other merchandise. The | traffic on the Kingston and Spanish-town railway was progressively increasing.

In Jamaica the crops on the south side of the island had suffered from dry | weather. On the north side the seasons had been more propitious, and a corresponding result was expected. The resignation of Sir Robert Peel had caused some sensation, ‘The weather had continued dry for some time at Barbadoes, and had become very sultry, and there was little prospect of rain. The young canes were fast perishing in some places, and plants were scarce. The first

| Coolie ship of the season had arrived at Démerara, with 233 emigrants, in excellent health. Emigration of Portuguese from Madeira into Demerara seems also to be increasing, a brig containing 77 emigrants, viz., 30 men, 24 women,

| and 23 children, having arrived the other day from that island.

THE ECO from Mr O'Connell was read, approving of Joseph Miles M‘Donnell, Esq., of |

269

BRAZIL.— The Express packet, Lieutenant Herrick, came into Falmouth on Thursday morning from the Brazils, having sailed from* Rio Janeiro on the 9th of January, bringing about 8.0007 on freight, and eighteen passengers. The Apollo troop ship arrived at Monte Video, from Rio Janeiro the 9th of Decem!ier, but hod not landed the troops on the 16th, in consequence of the barracks not being ready for them. ‘This packet does not bring later intelligence from Buenos Ayres than the Cyclops brought. The Peterel packet having teken out news of the protest for non-acceptance of the draughts of one of the first shipping houses of Rio, it created a great want of confidence and embarrassment. Money was extremely searee, partly occasioned by a great demand for the northern ports. This want of money caused a rise in the exchange to 263d and 264d, the lower rate having chiefly ruled for transactions by this conveyance. The state of the money market occasioned a fall in the price of coffee, and the present rates were --superior, 3,050 reis to 3,000 reis per arioba ; good first, 2,850 reis to 2,950 reis per arroba; good seconds, 2,500 reis

per arroba ; sugar —white, 2,800 reis per arroba; brown, 1,800 reis per arroba,

Freights. -Hamburgh and Antwerp, 45s; Mediterranean, 50s ; There was a great want of ships at Pernambuco, spoken of.

River PuLatrs.— The Cove of Cork shipping list contains the following: — “The Susan Patterson from Rio Grande, at Cove, reports that a British man-of- war had been sunk by the fire of the forts in the river Plate, that the large steamer came to her assistance, took the forts, and blew them up.”

NOMIST.

England 55s.

where 703 and 80s were

Fre TRADE IN FrANCE.—The Society of Political Economists of Paris have determined on sending an address to the London Corn-law League, expressing its approbation and support of the views and principles so triumphantly advo- cated by Mr Cobden and his friends. An association has also been formed at Bordeaux, for the purpose of propagating sound views on political-economical subjects, and of employing the most effectual means to have the principles of free trade adopted in France. This association is composed of merchants, proprietors, and manufacturers, and has taken the title of “ Association for the Liberty of Exchanges.” It has divided itself into different committees, who have the charge of the different departments of agriculture, navigation, manufacturers, European trade, foreign trade, home trade, &c

BIRTHS. On the 21st inst. at Nelson square, the lady of Robert Brooker, Esq. late of Cronstadt,

Russia, of a son y At Campden hill, Kensington, on the 22nd inst. Lady Caroline Lascelles, of a son.

at 12 Park lane, the wife

at 40 Russell On the 23rd inst

On the 23rd inst daughter. BOn the

daughter.

of Walter Prideaux, Esq. of wife of James Russell, Esq. Q.C., of a

1 so

square, the

20th inst. at Alderley, Glocestershire, the lady of R. B. Ha

On the 25th inst. in Doughty street, Mrs The s Cubitt, of a son On the 25th inst. by the Rev. Dr Alder, Mr Abraham Vos, of Great yt

street, to Matilda, youngest daughter of the late Aaron Worms, Esq. of Whiteel 2]

road

On the 26th inst. at St George’s, Hanover square, by the Bishop of Hereford, Captain Cc. R. Drinkwater Bethune, R.N., C B., to Frances Cecilia, only child of Henry Stables,

} } Esq. of Park hill, Clapham.

MARRIAGES. »eln t On the 19th inst. at St Marylebone church, by the Rey. ¢ sre Anson, M.A., the Rev"

William Thornton, vicar of Dodford, in the county of Northampton, to Anne Georgiana

Frances, second daughter of G ral Sir Willi K.C.B. On the 19th inst. at the parish ¢ the Re Daniel Moore,

M.A. incumbent of Camden distr ( i nior, Esq :rpool, your xt 1 of tl late Joshua Sen of Sandyford, near Glas Agnes

Matilda, third daughter of Matthew Esq. of Sussex place, Re park,

London : On the 12th inst » British Ambassador’s, Florence, by the Rev. G. Robbins, W.

of Brompton, London, to Julie

r, Derbyshire. t Dunbar, eldest daughter of Henry Perkins,

DEATHS.

Folwell, Esq

On the 15th inst. at Ventnor, Caroline Christiana, youngest da f thee late

Archdeacon Trevel On the 17th inst. a Y , Royal cin Edinburgh, Mary Anne I Lear-

month, second surviving da ft er Learmonth, Esq. formerly of Parliament street, London, and Stanmo .

On the 20th inst. in his 7ist year, J ckle, Esq. of Mark

Ont 6th inst. at Alicant her Britannic Majesty’s Consul

On the 19thinst. in Brook street, Gr ob James Hart, Esq. late her

Britannic Majesty's Consul General for Saxony, in the 62nd year of his age

On the 20th inst. at Lark hill, Pre Lancashire, Samuel Horrocks, Esq aged 49.

it the house of his uncle, Thomas Collinson, 34 Lombard street,

ad 22

1) t Sierra Leone, Ishipman, her

Majesty's ship Sealark, son of W, Edward Gi ondon

At Mill hill, on the 20th inst. in his 40th year f Hendon, Esq.

many year 1¢ pupil of the late Dr Spu l as one of the

first anate ts of the brain. On the 2Ist inst. in her 41st year, Mary Jane, wife of Mr W. Cordingly, hop and seed

factor, Southwark On the 7th of January, at B

widow of the late Francis Werry, Esq. Br ]

On the 14th inst in Dublin, Miss Moore, the only surviving sister of

Esq. the poet. :

On Saturday night, the 21st inst. at Bath, Anne, wife of K

a, near Smyrna, Elizabeth Werry, in her 84th year, ed for 32 years.

Thomas Moore, tish Consul, which post he fil

nneth Mur hison, Esq. late

governor of Penang. ’ . 3 : : On the 19th ult at Madeira, Henry Bailey, Esq. of the firm of Dobbs, Bailey, and Co.

34 Fleet street, London

On Thursday, the 26th inst. in Portman square, Harriet, Countess Dc borough, in the 80th year of her age

At the Grange hous dinburgh, on the 20th inst. Isabella, fourth surviving daugh-

ter of Sir Thomas Dick Lauder, of Grange and Fountaiu hall, Bart.

On the 24th inst. Susanna Dorias, a5 4, Wife of Mr John Hubbard, hop merchant,

120 High street, Southwark, and 5i le Hedingham, Essex.

On the 23rd inst. at Cheam, Surrey, the Rev, Charles Mayo, LL.D, late Fellow of St John’s College, Oxford

] At Exn on the 24th February, John Augustin Oldham, Esq. late Deputy Judge-

Advocate- eral, deep rezretted.

On the 26th inst. Lord Hyde, son of the Earl and Countess of Clarendon. William Ca

lis 85th year.

On the 25th inst. at Kenniug wthorn, sen, formerly chant, of Idol lane, Tower sireei, in

*.* The Economist can be forwarded, by packet FREE OF POSTAGE, to t

following British Colonies and Foreign Countries, viz. :—

Aden Halifax Nova Scotia Cuxhaven Antigua Heligoland Quebec Denmark | Bahama Honduras St Kitt's France | Barbadoes Iudia via South- St Lucia Greece | Berbice ampton St Vincent's Hamburg } Bermuda Ionian Islands Tobago Hlayti, or 1 | Cannda Jamaica Tortola St Domingo § Cariacou Malta Trinidad Lubeck j Deinerara Montserrat iinet New Grenada

Dominica Nevis | Brazil Peru Gibraltar New Brunswick Rreiwen Spain Grenada Newfoundland | Buenos Ayres Venezuel:

gn

nm mnnnnmnnneememmsssmessmmensnesasssseenseneuesnsatessaaants

Se

270

To Readers and Correspondents.

Our Railway Share Lists will be revised next week. The errors complained of are as often due to the Stock Exchange List as ourselves—thus Ely and Huntingdon shares are quoted at £25, whereas they are only £18.

CHESTER AND BIRKENHEAD Rartway.—In our Railway Epitome of last week we stated that the committee appointed to inquire into the affairs of this company had exone- rated the chairman from the charge of jobbing in the purchase and sale of land required by the railway. This we find not to be the fact, the committee having never inquired into the subject

THE COMMERCIAL TIMES.

Departure of Mails. Forricn Mais.—The following notice was on Tuesday affixed at the General Post-

office, St Martin’s-le-Grand :—West Indies: For the British Colonies (except Honduras and Bermuda), the foreign colonies (except Havana), and includes New Grenada, Vene- zuela, and Madeira, will be dispatched from Southampton, by the 7'rent,on the 2nd March. Madeira, Brazils, Buenos Ayres, &c.,from Southampton, by her Majesty's brig Crane, on the 3rd March. India: Gibraltar, Greece, Ionian Isles, Malta, Egypt, Cey- lon, India, and China, on the 3rd March. America, Mexico, Honduras, Havana, by the Hibernia, from Liverpoo!, on the 3rd March. Sydney and New South Wales, by the Agincourt, from Liverpool, on the 28th inst.

IMPORTANT.—Yesterday a notice was posted at the General Post-office, St Martin’s- le-Grand, with reference to the mail to New Grenada, which would have been dispatched on the 2ndinst. It was as follows :—‘*The arrangements made in August last for dispatching a second mail in every month to Santa Martha will be discontinued from this date, as the government of New Grenada has failed to provide a vessel for the conveyance of sich mail from Jamaica. Only ove mail per month will, for the future, be made up for New Grenada, viz., on the morning of the 17th of the month.”,

e@ The Economist, from its extensive and increasing circulation among Members of Parliament, Bankers, Merc'ants, Capi- talists, and the Trading Community, is well adapted as the medium for advertisements intended to meet the attention of those numerous and respectable classes.

WEEKLY CORN RETURNS. From the Gazelle of last night.

“Wheat Barley | Oats Rye | Beans Peas

Sold—quarters...... cccccevecceeces| £230,881 | 99,977 ) 40,379 184 11,316 3,559

s a s a s a s a x. ae sod Weekly average, Feb. ‘ 55 0); 29 11 21 6! 3210 34 9 34 3

- — | 54 9 30 6 21 9 as YF 34 9 35 7 — — 54 3 30 1 21 7 34 2 35 9 35 6 _— Jan. 3 54 8 31 3 21 10 32 0 35 6 35 8 — os 55 7 31 8 21 10 37 36 «1 a

_ _ 56 2 3i il 22 3 34 9 36 9 39 3

Six weeks average ......... noon OS 8 31 0 21 9 34 0 55 C7 $6 2

Bame time last year ..........., 45 5 33 4 21 6 30 11 35 3 35 6

Present duty 17 0 7 0 6 0 8 6 7 6 6 6 Colonial do ... 1 0 0 6 0 6 0 6 0 6 06

Nore.— The coloniai duties are now ali at the lowest rates.

Imported and cleared for consumplion in the weck

|} Wheat | Barleu Wheat jcleared | Burley | cleared Amount Amount

rmnporte if jor impurle } for of duty of duty

j j onsumy jconsump on u heat onbariley ln — | —

Qrs { Qre Qrs Qrs Eso L.

I cn sceteiiminninngeeanniel Waee n 278 5,632! — 63 ian II ints nciteeeiiiinieniaihwineninent — } a — ! _— a oun

eR. cases eee ccsscnncneneser ene — 2,503 —_ — 125 om

ees ee 2,781 5,582 | _- 188 —_

Notre.—Imported—Oats, 15,902 qrs; jPeas, 2,394 qrs; Beans, 392 qrs; Indian Corn, 3,772 qrs; Rye, — qrs Duty paid—Oats, 46 qrs; Peas, 17 qrs; Beans, 226 qrs ; Indian Corn, 6 qrs.

Total imports of all kinds of grain........... aasppenenecnenes ev 65,521 qrs. Total quantity duty paid ssepiiieniaihichesteivsle niebicishiabaadiiatabiadds 3,079 qrs. Total duty of the week e eb. 19. £212

These accounts exhibit in a most striking degree the utter stagnation which prevails in the corn trade at this moment.

—oEoIoIUyy——ESESESeEEe=E=E=E=E=EeE=_eaee—eeeeeeee

STATE OF THE CORN TRADE FOR THE WEEK. At Mark Lane, on Monday last, there was a very small display of wheat by land-carriage samples from Essex, Kent, and Suffolk, the greater portion of which was much affected by the damp state of | the weather; but the millers being in want of fresh qualities, a good

THE ECONOMIST.

demand was experienced for the best dry parcels at fully previous | rates, whilst the inquiry tor damp and inferior descriptions was slow, and some quantity remained unsold at the close of the market. Free foreign has been reduced to a very narrow compass, and small quantities are taken for admixture at comparatively high figures. The fresh importation of foreign was to a very limited extent, having had only 650 qrs from Rostock, 300 from Venice, 288 from Wismar, and 8 from Camarinas, making a total of 1,246 qrs. Holders were very firm in their demands, which somewhat checked business; the few sales effected were fully up to last week’s prices. The miller’s stocks are reduced very low, and the purchases they make are small, for immediate use, which they liberate under certificates of the grinding bill. The nominal price of town made flour was put down 3s per sack, being now 53s, this had some effect on country marks, but the sellers would not give way in proportion; the arrivals of English were | 5,958 sacks, with 1,203 barrels foreign, the latter nearly all from Spain, and of splendid quality. Fine malting barley met a moderate sale at former prices, but other sorts were in slow request, at a decline of Is per qr; the supply of English was 8,413 qrs, of Scotch 933, of Irish 840, but only 645 foreign. Of oats there were large supplies from Ireland, which caused the dealers to act on the reserve, and the consumers rcfusing to take more than necessary for immediate use, the trade was dull, and only the finest qualities brought former rates, whilst for all other sorts a reduction of 6d to |s per qr was submitted to, without much progress being made in sales; the

[ Feb. 28,

arrivals from our own coast were 5,494 qrs, from Scotland 1318, from Ireland 38,314, and 3,117 foreign, making a total of 48,243 qrs. Fine beans met a steady sale at late currency ; the receipts coastwise were 1,103 qrs, with 118 foreign. Peas were somewhat slow of sale, but good samples were not offered lower; the arrivals of Evglish were 921 qrs, with 1,995 foreign.

There was only a moderate supply of Irish wheat at Liverpool on Tuesday, amounting to 2,445 qrs, and having a good attendance of town and country millers, who directed their attention to fine samples, which were scarce ; such met a ready sale, at rather over tlie currency of last Friday. The general runs were unaltered in value, whilst inferior qualities were difficult of disposal and the turn lower; the average was 50s 3d on 2,971 qrs. The importations of foreign were 8,919 qrs; about 2,000 qrs of fine American white wheat were disposed of at 8s 6d, and a parcel of Danzig at 8s 2d per 70 lbs. The arrival of flour was 5,506 sacks; the demand continues slow, but no further decline was submitted to. western canal flour under lock changed hands at 26s 9d, but there are no more sellers of choice quality under 27s per barrel. Superior malting barley was in rather better demand and quite as dear, but there was no improvement in other descriptions. Having but few buyers of oats, this article declined ld; 3s 6d per 45 lbs was the top price of best Irish mealing. Oatmeal, owing toa speculative inguiry, was Is per load higher.

At Hull the supply of farmer's wheat continues moderate ; the millers were buyers of all fine-conditioned parcels, at quite as much money, but other descriptions were neglected ; average 47s 5d on 1,447 qrs. For fine malting barley, of which there was little offering, there was rather more inquiry, but in other articles there was little or nothing doing.

The reported arrivals at Leeds consisted of 5,646 qrs of wheat ; but there was a large show of samples from vesse!s near at hand. The demand was very slow for the best qualities, at 1s per qr under last week's rates, whilst all other sorts were quite unsaleable ; average 59s 93d on 4,628 qrs.

Although the supplies were not large at Lynn, the trade was dull, and only the best descriptions of all grain brought last week’s rates, whilst secondary sorts were difficult to sell; average of wheat 48s 6d on 1,648 qrs.

At Lewes the farmers brought forward good supplies of wheat, and prices were without alteration; the average was 56s 7d on 498 qrs. Barley was slow of sale, and all but the finest qualities were ls per qr lower.

At Spalding the same inactivity continues in every branch of the trade ; the wheat offered for sale was much out of condition, and the millers only took the best parcels, at last week’s rates; average 49s 11d on 1,127 qrs. Oats were 6d to Is per qr cheaper, but for beans prices were unaltered.

The fresh arrivals of English as well as of Irish grain were limited at Mark lane on Wednesday ; the best dry samples of wheat being scarce commanded fully as much money as on Monday, whilst damp and inferior parcels were dull but not lower. In bonded there was not much passing, and no change occurred in the value. Oats were in steady request, at former terms for good corn. In other grain there was but little doing at late rates.

At Stockton the farmers brought forward a good supply of wheat, and, having large arrivals coastwise, the trade was dull at last week's currency—average 49s 6d on 222 qrs. sale, and prices the turn in favour of the buyer. ‘There was more enquiry for beans and peas at an advance of |s per qr on both articles. Oats were taken readily at full prices. The demand for flour continues much the same as last week.

The quantity of wheat offering at Boston was not large. The finest samples were fully as high as last week, whilst inferior qualities were in limited enquiry at rather lower terms. Red wheat 48s to 53s, fine 54s, white 50s to 54s, fine 56s to 58s,

At Edinburgh the supplies of all grain were large from the farmers. New wheat was taken slowly at rather under late rates, but old brought quite as much money. Barley was taken at full prices. ‘There was a good demand for seed oats, and fine potato brought 40s per quarter, and mealing qualities were fully as dear,

The supplies of grain at Glasgow come forward less freely, but owing to much uncertainty, only a very moderate business was done, although the dealers are very short of stock. The best samples of wheat were taken steadily at full prices, whilst interior descriptions were obtainable on lower terms. Superior Irish flour was unaltered in value, but other sorts were difficult of sale at barely previous prices. There was rather more enquiry for oats at a small advance.

The weekly averages announced on Thursday were 55s on 120,381 qrs wheat, 29s !ld on 99,977 barley, 2ls 6d on 40,379 oats, 32s 10d on 184 rye, 34s 9d on 11,516 beans, 34s 3d on 38,599 peas, There was no alteration in the duties this week.

There was a large supply of wheat at Birmingham. The best dry parcels were cleared off at full prices, but damp and inferior sorts were difficult of sale, and prices in favour of the buyer; average 55s 33d on 3075 qrs. Owing to barley being held at an advance, checked business. Oats were very slow, and to have made progress in sales less money must have been taken. Beans were in demand, and English the turn higher. The average in the neighbouring towns was—55s 9d on 584 qrs at Gloucester, 33s 54d on 1414 at Worcester, 56s 44d on 1458 qrs at Wolverhampton.

Great inactivity continues at Bristol, and only the best dry samples of English wheat were saleable at previous rates ; average 53s ld on 423 qrs. Barley declined 1s to ls 6d per qr. Irish, whether malting or grinding, is quite unsaleable. Oats were ls per qr lower, and beans were also attainable on easier terms, good English not bringing more than 32s to 36s per quarter.

At Newbury there was again a large quantity of wheat offering, but owing to the greater part being hardly fit for mealing purposes,

Barley was very difficult of

A few thousand barrels of |

1846. ] THE ECONOMIST. 271

the trade ruled dull, and only the best descriptions brought previous rates; average 58s 6d on 1,135 qrs. Of barley the supply “exceeds the demand, and prices were again lower. Although the supply of wheat at Uxbridge was small, the trade

was dull, but there was no change in prices; average 63s 6d on 739 qrs.

At Mark lane on Friday there were very moderate arrivals of all grain, as well from our own coast as from ‘Scotland and Ireland, but there were good importations of foreign wheat. Old and dry samples of new wheat were taken steadily at fully Monday’s rates, but all other sorts moved off slowly. ‘lhe best qualities of barley, beans, and peas, met a fair inquiry at former terms. Oats met a moderate sale, at quite as much money for all descriptions,

‘The London averages announced this day were— qrs. “& &

Wheat.. eee eee 8,137 at 59 2

Barley ove eee eve 3,792 ,, 29 9 Oats «. eee ove eee 16, 577 » 22 3 Rye eve ove eee 6, 37 0 Beans .. eee eee ose 1,432 ,, 338 5 Peas ooo 925 ,, 39 0

Arrivals this week. Wheat Barley. Oats. Flour.

English ...... 2,180 eevee E038 cotccs 3,150 — ccccce 2,270 SS eae —— = seeeee — = aevece 2,408 cccoce _

Foreign ...... 11,670 coves — — eevee GO aeceee -

A Report of the number of quarters and the average price of WiHearT sold in the severa’ counties of England and Wales (comprising the 290 towns named in the Act @; the 5th Vict. c. 14), which governs duty, for the week

ending February 21st, 1846 :— Average Average

qrs sold price grs sold price e & a <4

London ase «» 6,730 59 6 | Leicestershire on 1,997 6 8 Uxbridge ee 1,275 63 6 | Northampton ow. 2,304 50 8 Essex ° ove 4,835 59 2 Rutland © si Sew O ees §6— ence Hertfo rdshire ene 2,357 65 5 Bedford seo eee 53 5

Bucks 538 57 4 | Huntingdonshire ... 44 8 Oxfordshire eee 1,186 53 O | Cambridgeshire one 49 8 Wiltshire pom ow. 1,773 54 1 | Suffolk .. 6.296 56 3 Berkshire eee 2,649 58 6 Norlolk eve 6,414 56 6

Surrey eve ove 978 59 2 |} Lincolnshire ove 11,679 51 9 Kent ase ove 1,857 59 10 | Notts ove wu Se &F Sussex ove eve 1,769 56 7 Yorkshire eee 20,057 55 10

Hants... eve 2468 56 0) L ancashire eee eos 4,900 50 7 Dorsetshire... 1057 4411 Westmoreland... 77 #653 6 Devonshire 1,069 50 6 | Cumberland coe §«€C:2, 094) = 57 4 Cornwall eee eee 367 57 2 | Northumberland ... 4,284 55 9 Somersetshire 1,797 55 10 | Durham ese 1,051 52 7 Monmouthshire 489 56 3 | Wales 739 «633 («OO Gloucester eee 1,753 53 2 - -——

Herefordshire ove 397 54 4 Imperial weekly Worcestershire 2,348 53 7 AVeETAZe oss 120,381 55 0 Salop eve oe 1,067 55 1 - Staffordshire ove 2,445 55 7 Aggregate oe oe SS 1 Chester eve eee 892 58 2 --—— Derbyshire 304 «657 «+O Duty on eee 17 0 Warwickshire ove 5,815 55 6

ACCOUNT OF CORN ARRIVED IN LONDON,

From Feb. 16 to 21, 1846, both inclusive.

Wheat | Barley Oats Beans | Peas\ Flour English ove ove 7,061 8,413 5494 i. 103 921 5,958

Total previously th is year 31,464 49,999, 28,208 ,780) €,071 3: 891

Scotch ove use ose } 933 1,318 eve

Total previously this y year 200 8,716 6,346 eve eee

Irish ose eee 840 38,314 | Total previously y this year 24,134 |

Foreign oe 1,246 645 3.117 118 1,995 br] 1,203

‘Total forgn previously thisyear | 58,937; 14,233 114,680) 7,992, 5,797 br 25,274 jsks 1016

Grand total for the week 8, 307 10,831 48,243 1,221) 2,916 sks £,958 | | | bri 1,203

Total British previously this year 31,669 58,715, 58,688 7,780 6, 071, 33,891

Total Quantity of all other kinds of Pulse and Grain.

Malt. ove 9,276 76 | Linseed 3 | Mustardeeed _ Rye Rape seed 62 | Seed . 1832 Tares.. o =

FOREIGN GRAIN MARKETS. No grain-laden vessels have passed the Sound and Belt since the date of our last circular.

The continued pause in the corn trade,as well as in other branches of commerce in England, in consequence of the unusual pressure upon the money market, affects similarly the markets abroad, and the smallest possible amount of business is doing i in the Bultic ports, The prices in Eng- land are far too low to allow of importation, but we do not expect that the former markets will descend to our level. The capitalists in the Baltic, judging in an:.European point fof view, are mostly prepared to hold what small stocks they possess until financial matters in England have righted themselves, .of which there are many encouraging symptoms since a few days. Our English prices of bonded wheat have declined 6s to 8s per qr upon good medium sorts of red wheat since October, but the Baltic prices have barely receded 2s per qr, and very small quantities only are offered for sale. We expect no spring corn of any kind from the Baltic this season. At Dantzig, they ask 2s more money than we quoted last week for fair sorts of wheat, 548 being the price of 61 lbs quality of last crop. At Stettin, prices are nominal, 61 to 62 Ibs Uckermark 49s 6d, fine Pommeranean 51s per qr. At Rostock the price of the best runs is 488 to 49s perqr. Rye, barley, peas, and oats are several shillings qer qr too dear to deserve notice. At Hamburg the market is dull, and 1s to 2s per qr cheaper for wheat,

In Holland, the tradeislikewise dull. The Prussian government distributed 48,000 barrels of flour, being port of the provisions of the Rheniek fortresses, with the avowed object of forcing down the prices of food at Coblence, Cologne, and along the Rhine; a second operation of this nature is threatened, if the present distribution should fail of its effect—the flour is to be returned after next harvest. Against a general want, these quantities appear insignificant in the opinion of the corn dealers. It is very observable,

that Holland and Belgium take the tone of their corn trade from England, and so long a8 our markets continue depressed from financial or other causes, | those countries will continue to work with very low stocks. For their wants, there will be found more than adequate supplies, if England does not come forward as an importing country, and the question which occu- pies their attention is, whether our dull markets are caused by financial stringency and the uncertainty and delay in passing the proposed corn law measures, or whether the estimate of the ‘last harvest in England was illusory, and that we have no need of foreign supply—events alone can decide this,

The French markets present no particular alteration. At Odessa there was an improved feeling for wheat, and prices were

rather dearer. The proposition of the English government in regard to the corn laws have generally disappointed the corn dealers abroad, who looked for a more decisive act, and a prompt and final settlement of the question. We have now accounts from every corn shipping port in Europe, and this feeling is general.— Body «& Co.'s Ciredar.

COMMERCIAL NEWS AND MISCELLANIES.

Letters from Naples, dated Feb. 7, and published by the Algemeine Zeitung, says that commercial treaties have been entered into between the Neapolitan States, and Sweden, Norway, and Sardinia.

Mr Wacuorn.—The Court of Directors of the East Indian Com- pany have presented Mr W aghorn with the sum of 300/ in consider- tion of his zealous and useful services in the establishment of steam communication between Great Britain and India.

Piate Grass.—The reduction of the duty upon plate glass has increased the demand for that material to so great an extent, that many months must elapse before the existing or rders can be executed. As an indication of the prosperous state of this branch of manufactures, it may be noted, that at a general meeting of the proprietors of the Thames Plate Glass C ompany, held last week at the Piazza hotel, Covent garden, it was determined to enlarge pn ‘ir works to nearly double their present size, and a dividend of 6 per cent wa declared.

Important To Suirowners.—A communication has been received from the Governor and Court of Assistants of the Russia Company, intimating that a considerable reduction has taken place (equal to two shillings and threepence per ton) in the charges for stowage of hemp, flax, codilla, hides, wool, and feathers, on the ¢ export of those goods by British ships from St Petersburg to this country, in consequence of the suppression of the virtual monopoly of the Corporation of Stowers in Cronstadt, which has been effected by the exertions of her Majesty’s consul, Sir Edward Baynes.

Free TRaveE 1n Coprer.—A vigorous effort is now being made in Birmingham to induce Sir Robert “Peel to admit copper ore free of duty. ‘By the reduction of the duty on hardware of foreign manufacture, our hardware merchants and manufacturers contend that they ought to have the raw material at the lowest possible rate ; an¢. that if iron and tin can be had duty free at home, so ought iron, tip, copper ore, and other such minerals to be imported duty free from abroad. The great rise which has taken place in the price of coals and iron in the districts of Birmingham and Wolverhampton has necessarily occasioned an advance in the price of the manufactured article. Profits have been limited to the smallest scale of remunera- tion, and it now appears evident, that unless we are to have copper ore and other minerals imported duty free, our brassfounders and brassworkers must suffer much ere long.

Bertin Woot.— The merchants importing the article called * Berlin wool” into this country, not understanding whether it would be freed from duty by the new tariff, on the ground of its being a manufacture of wool, have applied, through Mr W. Aldam, jun., to the Chancellor of the Exchequer, to know what would be the effect of the new tariff on that commodity. We understand the reply to have been, that as Berlin wool is a species of “ worsted yarn,” and, as that article is not mentioned in the new tariff, it will still be subject to the same duty as before—namely, 6d per pound. The Chancellor of the Exchequer stated, that Berlin wool was regarded as an article of luxury, and there fore as a fit subject of taxation.— Leeds Mercury.

Pusiic Works Nn Instanp.—An interesting return in reference to the several measures now before Parliament for the improvement of Ireland has been issued in the shape of a statement (obtained on the motion of Mr Hamilton, the member for the University of Dublin) of the loans and grants to each county in Ireland by the Commission- ers of Public Works. ‘The total ansount of loans sanctioned was 1,051,525/ 8s 9d; the total issues were 967,75;/ 15s; the total sum paid as interest, 178,238 l5s; the total re-payments on account of principal, 557, 521 Is; and the total balances of principal remaining due in December last amounted to 411,397/ 15s. The purposes for which the loans were made are set forth; they were for turnpike roads, railways, harbours, canals, bridges, mines, wide street commissioners, ecclesiastical commissioners, drainage commissioners, Roman Cathulic chapels, and to private individuals,

Foreign and Colonial Produce.

EASTERN COMMERCIAL INTELLIGENCE. (From the Chamber of Commerce Overland Price Current.)

Bompay, Jan. 15,—Business has been partially suspended during a portion of the past fortnight, owing to the celebration of the Moha- rem festival, which has kept the Mahomedan dealers out of the market. During the rest of the period considerable depression has prevailed, and this may be traced toa variety of causes, amongst which the hostilities with the Punjaub, the continued scarcity of

money, and the unfavourable accounts of the home-markets sant cnc Secrenescaclthes nd tenance tet ENN ABR

72 2

by the last overland mai!, may be referred to as the principal. In | cotton fabrics especially there have been numerous forced sales, and prices have in consequence undergone further reduction. Merats.—The transactions in metals have been confined to a few articles,

and have been exceedingly limited. Corron MANUFACTURKS.— With the e xcep tion of the finer qualities of 45

inch cloth, a:d some few descriptions of bleac} hee d shirting which have been in demand, these fabrics have genera'ly suffered a reduction in price.

YARNs. —The market ~ cotton twist has p articipated in the prevailing depression. There has been some little inquiry latterly for Turkey red twist, but orange continues neglected.

WodL_iens —These goods still remain wl have heard of no transactions in them during the fortnight.

Marine SrorEs.—No sales appear to have taken place in the articles under this head, and the market generally is well sup plied.

CocuIngkaL.—This article has been in some request for exportation to the China market, where it appears to have been rece ntly in demand, and to have realized high prices. We now quote it at rs 3 12 to 3 13 per pound, at the latter of which rates 3.000 Ibs have been rece ntly disposed of. Sarrron.--The stock of saffron is considerable, and the demand being

limited the finest sorts only are saleable. Our present quotation is 8 to 22 rs per Ib, according to quality.

Corron.— There is litt!e change in the aspect of the market for this staple, and the flucti 1ation in prices has been inconsidcrable. We quote some sorts a shiade higher, and others ra her lower, thanat the date of our last. Business has been | li mited, the closing of the government treasury for advances on produce having put a stop, in a great measure, to shipments to native dealers, while the state of the home market has held out little encouragement for exportation by European houses. Shit ments, however, in progress to China, from which quarter somewhat more favourable accounts have recently been received,

olly without inquiry, and we

are

Our qaotations are as follows:

Broach, Surat, and Jumbooseer . ‘ Rs 82 per candy. Doll ‘Ta ° ° ° . ° ° ° — 79 -- :

Oomrawuttee . : ; ‘ — 80 to 82 ea Barsee . ; ‘ i ‘ : ; — 74 — Compta , ‘ . ‘ — 66 to 67 _—

CorFreeE.—Both Mo cha and Malabar have slightly declined; the former being quoted now at rs § to 83 (with a small stock), and the latter at rs 6 to 6} per maund Si.k.—Nankin and Nos 1, 2,and 5 Canton have declined somewhat since

our last, but the Persian and Bengal varieties are rather in advance of former quotations.

WvoL.,—We have heard of no recent transictions in any variety, though some shipments are, we understand, in progress on native account.

There is little noticeable alteration in other articles of produce. Freicuts.—Shipping arrivals have becn less nume rous, but, freight being

extremely scaree, no improvement has taken place in the rate to Great Bri- tain. There was an advance in the carly part of the month to 3/ 15s per ton, at which some engagements were made, but latterly, owing to the

unfavourable accounts from England, the rate has again given way.

aS

STATEMENT OF TEA. Statement of Imports, Deliveries, and Stock of Tea, in the Port of London, on the

7th of February, 1346, as compared with \st February, 145. | Imports, De ri ae or ae Stock ‘i

| Jan. 1 to | Jan.1 to Jan. 1 to lst—Feb.—17th, Feb. 1, °45 | Feb.17,'46. &ehb. 1, °4 1845 1846

lbs Ibs lbs ths Ibs Canton Bohea — — 1,004 — 382,000 264,000 Fokien ditto _ — — _ 3,009 000 Congou .... 1,056, 04 ) 1,8 2,851,000 19,318,006 19,101,000 Caper + 21. 47.04 15.000 60,000 193,000 577,000

Pouchoncg... lf 19,000 72,000 42.000 948,000 351,000 Souch 32,0 225 ,00¢ 67,000 128 1,103,000 1,278,000 Flow. 1

and Hg. Mue 15,004 18,000 30,06 5.000 218.000 447,000 O Pekoe ...... 1644 RGA i 94.000 384,000 643.000

Twankay . 148 00 131,004 210,090 25.00 1,70°,900' 1,158,000 Hyson Skin .... 294 7,000 20.0 15.00¢ 362,000 269.000 Hyson «..... 0000. 9 00 22,000 93,000 l 00 100 1.215.000

Your < Hyso m. 196.4 429,900 78,000 212,000 556,000 1,675,000 Impe Gui 210,006 214.000 1 221,000 787,000, 1,860,000 Unas & Assn Tea 14,( 23,( 33,000 234,900 302,000 For export only ~- — ) o_ 96,006 73,000

1, ( 85,000 2,628,000 4,106, 961,000 29,716,000 ———_- _ sae — oO i f wl “Wy hensetiten sini ite ee

$4,000 95,006

I L's orted

LONDON MARKETS—TRANSACTIONS OF THE WEEK. riURSDAY EVENING,

GAR.—The transactions in all kinds have been limited, and prices are

rather favourable to the trade in most instances. In the West India market a very moderate business was done at the commencement of the week, but subsequently the demand was exceedingly lauguid, and the transactions were only 685 hhds and tierces for the three days. Prices without material alteration since Friday last, and the show is still chiefly of low and refining kinds. The arrivals keep ligh

Mauritius. —The large supplies which are likely to arrive within the next month appear to check confiden lid 5925 bags 619 casks offered on Wednes-

day went off without spirit, the bright grocery kinds selling ratio r lower, while grey and low descriptions maintained their value. Mid to fine yellow 48s to 52s,

| fine brown and low yellow 45s: to 47s per ewt; about two-thirds offered were sold at these prices. Privately little demand exists

Bengal.—Prices have given way fully 6d per ewt for yellow and white descriptions. 8825 bags 85 cases were offered, and about half sold at and after the sales. White 52s to 5is 6d, low to mid 49s to Sis 6d, fine white Cossiporé

taken in at 61s to 62s, grainy yellow mid to good 47s to 49s 6d, Khaur 37s to 378 6d per ewt. Privately the business has been limited in most kinds.

Madras.—600 bags partly sold at former rates; fine brown and low yellow, 41s to 43s per ewt. y

I —The market has been in a quiet state during the greater part of t

week, and prices without alteration ; for export scarcely any inquiry has existed ; the refiners have only taken some small parcels. <A floating cargo of brown Pernambuco, of the new crop, in bags has been offi without findindg buyers Since last week the arrivals into this port have been limited.

Ik fined.—Very little business has been done in home trade goods, and prices are yather in favour of buyers. Standard lumps were quoted at 62s 6d; brown grocery ditto and tittlers 61s 6d to 62s Fine goods hive been in pai

tial demand at our quotations; pieces and bastards are without alteration

THE ECONOMIST. [ Feb. £8, Pade a goes off sai shondlly at 21s to 24s. Export goods have sold to a large extent for the Mediterranean, prices have advanced for nearly every thing, and the market is cleared for some weeks. The quotations for loaves this morning were, 10lbs, 38s to 39s; 6lbs, 39s to 40s. Vieces and bastards have sold largely for the Canadian market. Dutch crushed has also sold to a large extent for arrival, and the market is now cleared. English, firm at 35s to 35s 5d per ewt.

MOLASSES.—Some business was done in West India to-day, at about previous rates

CorreE.—The market has been dull throughout the greater part of the week, but prices remain without alteration, and a good consumption is going on.

Nothing has been done in British plantation, and scarcely anything offering. Ceylon remains quiet, but without alteration. The public sales amounted to about 650 bags ; went off without spirit ; good ordinary native 47s, coloury 48s to 48s 6d, ordinary and ragged 44s to 46s ; a few lots plantation brought the previous value. The Seringapatam has come in this week with upwards of 4,000 bags. All descriptions of foreign East India are very dull, both for home use and export. In foreign little doing ; 361 bags Bahia were taken in at high prices, 727 bags damaged Costa Rica sold well, 30s to 43s per ewt Cocoa.—Some improvement has taken place in the demand, it being ru-

moured that a large portion of the Trinidad crop will be taken by Spain. Yester- day 1,050 bags in public sale, about half found buyers at stiffer rates; low to

mid red 3ésto 41s 6d, damaged 32s to 35s; remainder withdrawn above the market value.

Tra —The same degree of dulness continues to exist, and the market is a'most

unprecedentedly dull, without any prospect of improvement at present. Ifa parcel of any extent were brought on the market for sale, lower prices must be the result. The stock on the 23d February was two million pounds above last year’s on the Ist of the same month, not including upwards of 30,000 packages

brought by three vessels this week The amount of the quantity of tea, on which the duty is paid weekly, is from the warehouses.

Prprer.— The market is firm, but the business is reported by private contract. sale brought 23d to 27d per lb. White by holders to realise

PimeENTO.—Our small supply has prevented business worth reporting remain much the as last week.

OTHER Spices.—( lignea remains very dull

kept up by the trade clearing their old stocks

demand rather limited, and very little 100 bags good clean Eastern in public

is quiet, but there is less desire evinced

Prices

same

Nutmegs have m assia et with

buyers to a limited extent; 40 cases 7 packages Penang in public were withdrawn at 3s 6d to 4s 9d for mid to good bold brown. Mace is little in de-

mand; 9 cases were bought in at 3s to 3s Sd per lb. In cloves or cinnamon no

change has occurred. Jamaica and other kinds of ginger for home use are

neglected.

ARROWROOT.—48 tins St. Vincent’s went at Sd per Ib Ricrk.—A better demand has sprung up, and prices are a shade higher, with a

limited supply Ordinary Bengal has been in deman ship; ing, but so little offering that the transactions «are trifling Madras finds b rs'to a moderate extent at the quoted prices. Cleaned rice for home use is very dull ; some Patna has been taken for export, at 15s per ewt

Fruit.—The trade continue to operate with extreme caution; in currants nothing worth notice done, no sound fruit of good quality can be had under 468; a cargo of Valencia raisins has arrived, but buyers continue to keep out of the market. Figs are dull, and holders are inclined to realise; nearly 40 tons are reported sold, but the price has not transpired ; the better kinds are searce

Sprrits.—Lower rates have been accepted for Calcutta rum, which hs led to extensive trans:ctions, viz., 1,000 puncheons and hhds at Is sd to 1s 9d per

proof gallon. In British West India the sales are only 50 puncheons Demerara } per cent overproof at 3s per gallon. Nothing done in Leewards. Some large

arrivals of brandy have taken place. The market is in a quiet state, and easier rates accepted in some instances to effect sales.

SALTPETRE.—The market has been quiet, and last week's prices scarcely maintained ; of 1,970 bags Bengal, a portion only sold, good quality refrac 33

lbs at 27s, low refrac 19 to 22 Ibs taken in at 24s 6d per ewt. Refined is in moderate demand at 29s 6d to 30s per cwt

GuUANO.—There is a fair amount of business doing, and stiff rates have been obtained. On Monday some parcels were offered at public sale, and withdrawn at high prices ; 244 tons from Possession se and, ex Ja , the quality was damp ; 100 tons Ichaboe, ex Mrederick Huth, at 8l 10s for fair dry ; 150 tons do inferior quality, ex //arriot, at 41 10s; ) tons Saldanha Bay, ex Ralph Bernal, 5110s to 5/128 Gd; 250 tons from Patagonia, ex / , 61 63 to 71 10s

per ton

Lac Dye.—The market remains very firm, but there has been a limited de-

mand COCHINEAI Prices are again rather in favour of the buyers; of bags

Honduras in public sale about two-thirds, consisting of good silvers, went at 5s 5d to 5s 7d per Ib; no blacks offered

DruGs, &c.—A large business was done in camphor on Friday last; about 1,100 chests sold by private contract at 70s; further contracts have been made

this week at a similar price. Castor oil and other East India goods remain dull,

and without alteration. Opium ha sold at a reduced price DyEwoops.— At auction 109 tons Manilla sapan went off well, good and fine

wood 12/ to 13/ per ton Logwool and fustic remain much the same as

before

Merats.—The market remains in the same depressed state, and prices have given way where holders forced sales here are buyers of iron for India, but at such low rates that no business has been done. Railway iron has been

sold to a fair extent by speculators at reduced rates, viz., 10/ 15s to 11/, but no concession in price has been made by the masters on any kind. Scotch pig

remains very dull, and sales effected as low as 75s, and in Liverpool at 72s 6d per ton. Both East India and English tin remains dull, and prices are without alteration. Plates are without change, In spelter a moderate business

has been done at 19/7 10s to 191 15s, being 5s to L0s lower. There was rather more

firmness evin to-day. LBritish lead continues steady

Hemp.—Prices are fim for all kinds. St Petersburg is held at a further advance. Jute is also dearer for fine quality ; 500 bales in public sale brought 13/ 10s to 16/ 2s 6d 30 bales Sunn hemp 11¢ 5s Manilla and other kinds of

E. I. are firm 200 bales American went at 23/ to 23/ 5s perton. Flax is quiet;

685 bales Egyptian were offered at auction, the greater part taken in at

32/ 10s to 35/; one lot sold 40/ 10s per ton

raLLow The current value of fine St Petersburgh candle through the week has been 42s 6d to 42s 9d; second quality about 42s per cwt rhe market is

in a quict state, and the trade have bought only for immediate wants In town

a moderate business has been transacted at 44s net cash

PURPENTINE.—There has been further arrivals Of rough; last week 1,700

barrels sold at 3 6d to 11s 6d for old to fine new quality) Little demand existed to-day. Spirits are again Is to 2s per ewt lower, without causing any

a inand

O1w.—A public sale of Southern being declarcd for to-morrow has checked the demand during the week The market remains in the same dull state for

ee ee ead

a

1846. ] THE ECONOMIST. 273

all descriptions of fish, and prices are barely maintained where business has

been done. Cod and seal have met with few inquiries. Sperm is dull, and there are sellers rather under our quoted prices American declared for sale to morrow. Linseed, after fa'ling 3d to 6d per ewt, has rallied, and the price on the spot this afternoon was 24s per cwt. The crushers are complaining of present unremunerating rates. Rupe is without alteration. In cocoa- nut or palm little doing

TAR.— Holders of Swedish refuse to sell unless at full prices.

some is

ADDITIONAL NOTICES. Svcar.—In the home market for refined sugar there is no alteration in price; very

flat for the lower description of goods, with rather more demand for the better qualities In the bonded market there is a good demand for all descriptions of loaves, as well as crushed sugar, and 6d per ewt. more has been paid for crushed, and Is for loaves; in

Dutch crushed about 800 tons sold this week at improved rates, with every appearance of a further advance.

FRUIT rhe dry fruit trade continues depressed ; no pubic sales to report, and the

transactions by private conjract are comprised in the trifling wants of grocers for actual

orders. The Astrea, with a cargo of currants, is re ported from Patras ; also the William

Duke, with a cargo of Valentia and Denia ra rhe basket fruit was immediately

tion at 40s., such quality

Smyrna since 24th ult

ins, the best yet received of the placed at 28s, and the be

quite a raritv, and wanted No further arrivals from

A considerable parcel of figs changed hands this week at a figure ; rumour states about 34s, and that the property belonged an insolvent estate

Si_K.—The Italian silk market has been again flat this week, and few sales have beer

effected. It is however generally believed, that were the recent proposition of gover

ment affecting the importation of foreign Is f settled a brisker demand would immediately ensue. At the present moment the manufacturers experience great difficulty in disposing of their goods

FOREIGN Woot.—The

expected from the tightness of money.

were then much wanted, and paid d lected, or sold for less money.

CoTTon.—The demand has been moderate

in prices, Which continue firm, Sates of Corron Woo. from Friday 20th Feb. to Thursday 26th, inclusive.

Surat, 1,000, 23d, 3gd, middling to to

season

Xes ny ire going into consul

being low

silk gone nally

sales which finish this day have ge off as well be

the pending parliamentary discussion, and the

maintained full prices; but low « which tl last Octol

me as was t

ulcertain state of

Good wools have ialities,

ly for in been nt er sales, have

this week ; but there is no change to notice

good.

our stock is not large, and Hemr the

gradually improv trade must soon be in the market.

FLAX.—A little demand been done vely also for ex]

ing, and likely advan as

rienced, and in

; but track

for exportati Seot id bu

he pi lar siness has

extens orta is sadly impeded by t tracted debate on the corn laws

InpDIGO.—There is no general demand f article ; but nothing is offering under the rates of the last January sales, Several dozen chests of low Madras and Kurpah

sorts, Which went off unusually cheap in the last quarterly sale, have this week been bought for the United States and Canada, at 3d to 4d per lb advance upon the sale prices; but we have not heard of any transa SEEDs.—All remain during last week, without

clover seeds, which have been brisk at full pr

tion of moment in other sorts. any parti as uar demand, except of

LEATHER.—About an average amount of | ss has been done in ither general] during the weel ulin East India kips far more than an average number have bec

sold Prices 0 goods remain much as the vere rhe articles we noticed in ou

last as most wanted continue in request: to which we may add heavy dressing hides, which are in very short supply

METALS rhe metal n \ wever notice the fall in the price of S hy 1, there being now sellers in tl

market British manufactured is firm, lead is rather on the rise, as the demat

rather lower, and is decidedly flat I gards British or foreign. In p

much in the same position as for some w

iture of an) ir iportance irket presents no new fi ho 1 t

and in good demand

d is great and supplies small 1 tin

at 77s 6d cash.

we have nothing new to n¢

nothing doin ites there is almost

POSTSCRIPT. FRIDAY AFTERNOON.

The markets were in a dull state for most articles to-day, and prices have given way Slightly in several instance e week the arrivals have been rather large, and a good many vessels

; during tl ire near at hand

SUGAR The market closed with a very dull appearance to-day; the sales in British plantation were limited, not exceeding 120 hhds and tierces, making 800 only for the week, at prices here and there 6d cheaper than on Friday last. There was no public sales of Mauritius or Bengal, and scarcely ar ything doing by private contract ; the arrival f the latter have been very large. Refined.—The demand was very limited by the home trade, and prices unaltered this morning. Foreign At auction

1,086 boxes Havannah were about half disposed of; white 27s to 33s, yellow 20s 6d to 26s 6d, for low soft to fine brown 19s to 20s Gd, washed white 27s to 28s, yellow 19s to 20s 6d per cwt. 246 barrels Rio went at 18s 6d to 22s for middling brown to ordinary yellow; 167 bag sdamp Santa Martha 28s perewt. Part or the whole of the Havana has since sold; and prices are several shillings under late nominal rates

Correr.—At a n, about 150 bales Mocha went at the valuations; fine ordinary to

niddling greenish 5's (d to 59s, broken 44s to 52s. Little inquiry existed for ot Ceylon, and the market closed with a dull appearance,

Rice At public sale, 194 bags Penang brought Ms 6d for ordinary Bengal kind, being the full value. 501 bags Spanish were taken in, at 19s for fair bold NutMeGs.—58 chests Penang went at irregular es, and about half sold; good

ordinary to fair bold brown 2s 9d to 4s 2d per Ib

GINGER Phere was no demand to-day by the trade, and 540 boxes Calicut in publi sale were bought in, at 42s to 43s for middling bold

COCHINEAI 103 bags Honduras in public sale found buyers at rather easier rates ; silvers 5s 4d to 5s 7d per lb; one lot 5s 3d. :

Lac Dyr.—40 Mirzapore found buyers, at 1s 7d to 1s 7/d per Ib. DyEwoops.—36 tons red Saunders went at to 6/ 2s 6d per ton for fair wood, oil

damaged

SAFFLOWER.—Some sales were effected to-d at easier rates. 1 bales Bengal l by auction, at 2/ 5s to 4/ for ordinary l middlin bright 5/ 15s to Od 2s 6d per ewt

O1n.—The sales went « out spirit this on: 70 tuns sper ind head matte)

partly sold, the former 15s to 76/ 5s, with one lot 76/ 1 the latter at 78 t 78/ 10s; 80 tuns Southern whale 24/ to 26/ per tun; 31 casks Ceylon cocoa nut sold at

31s 9d to 32s Gd; and 96 casks ] , At 26s 9d to 28s 3d per ewt. TALLOW A limited demand existed at the public sales this afternoon, but prices were

without material alteration. 133 casks Australian brought 40s to 41s 9d; 45 casks N American 37s 6d to 39s 3d; 50 casks old St Petersburgh yellow candle, duty paid, 41s 175 casks stranded ditto, in , 38s Od to 39s per cwt.

PROVISIONS

ButTrer.—The demand still continues biisk for the mild and finer qualities of Irish; there is little alteration to be noticed in and now exceeds that of last 3 by 9, 2,000 firkins lhe arrivals of foreign continue small, not more than about half

the consumption Bacon.—The market is very dull, the late large arrivals lead the buyers to

expect lower price S.

The stock has increased,

and deliveries show a decrease of

price

yeal 500

rhere is less doing than is usual at this season of the year for free on board shipments. In all other articles of provisions there is no alter-

ation in price ; all parties connected with the trade are waiting the result of the provision duties.

Comparative Slatement of Slocks and Weekly Deliveries.

BUTTER, Bacon, Stock Delivery Stock Delivery

1845). 26,200 70 19,830 3,820

18416 ... 35,730 0 9,680 4,210

Arrivals for the Past Week. Irish Butter... eee ose e» 18,310 firkins Foreign do eee ove ove 1.480 casks Irish Bacon eee ove eee eee 7,930 bales

ee

ENSUING SALES IN LONDON.

Tvespay, March 3.—S,89¢ bags Mauritius sugar, 127 casks do, 112 barrels do, 500 bags Bengal do, 100 bags East India coff-e, 150 bags black pepper, 5 chests mace, 6 chests nutmegs, 100 chests pearl sago, 120 bags sago flour, 200 chests shellac, 1,500 baskets gambier, 45 slabs tin

Wepnespay, March 4.—300 bags Trinidad cocoa, 20 barrels Jamaica ginger, fustic

Fripay, March, 6.—1,200 chests cassia lignea.

SMITHFIELD, Monpay, Feb. 23.—The past week’s imports of live stock into the me-

tropolis have amounted to 123 sheep, 30 oxen, and 40 cows, from Rotterdam ; 49 cows and 115 sheep, from Harlingen, and 16 oxcn from Hamburgh, all by steam vessels.—

rhis morning, we had on offer 124 for 210 sheep, all from the above ports, n beasts an

and in fair average condition. The demand for the above was heavy, and, in some in-

stances, the quotations had a downward tendency. At Hull only 26 beasts and 40 sheep have come to hand, since our last, from Rotterdam, the whole of which have gone into the manufacturing districts The arrivals of beasts from our grazing districts were of

very superior quality ; indeed, we have seldom seen a better collection of that descrip-

tion of stock The weather being unfay ile for slaughtering, the beet de was very

dull, at a decline in the quotations of quite 2d per 8 Ibs, the highest fig r the best

Scots being 4s 2d per 8 lbs. The numbers of sheep were again very sn t the mutton trade was excessively dull, at barely, but nothing quotable ben¢ , last week’s I es. Prime small lambs were steady 7s per 8 Ibs. In calves sca ly any busi-

ness was transacted, at the late decline in val rhe pork trade was firm, and prices were well supported.

8 lbsto sink the offals. sds d| s d@sda

Coarseand inferior beasts .. 2 8 2 10| Prime coarse woolled sheep... 410 5 0

Second quality do ane am 2a Prime South Down do ae a aoe

Prime large oxen eco «. 3 6 3 8! Large coarse calves nau4 © €

Prime Scots &c we «.» 510 4 2] Prime small do se aut 3 2S Coarseandinferiorsheep .. 310 4 4) Large hogs ose ‘ees aut <4 Second quality do... 4 6 4 8&| Neatsmall porkers ‘ 410 5 @

jis to 20s each. Beasts and quarter-old store pigs, If + pigs, 204.

Monpay, Feb. 23.—The arrivals of country on the inert

Ni general den

Suckling calves, 18s to 30

2,739 ; sheep, 15,300;

NEWGATE AND LEADENHALL, to our markets during t

proved by no means large, the time

calves,

--slaughtered

, though anding the

and has

meat wi week have been somewhat ase

th supplies killed in the metropolis have 1

+} of vear considered. twi

t been to say extensive,

v have the

been in a verv sluegish state, and in some instances the quotations have had a down-

ward tendency. Several carcases of foreign beasts and sheep have been disposed ol.

Fripay, Feb —We had a very he t

FRIDAY, Feb Notwithstandin beasts here was very limited, we

have to report a very dull inquiry for tl of stock at, in some instances, & further decline in the quotations of 2d ] iere were on Sale 9 beasts and 220

sheep from Holland. rhe number of sheep was again limited, yet mutton trade was heavy, ‘and Monday’s prices were with difficulty supported I ilves next to nothing was doing, at late rates. Prime small pigs were quite as dear, but other qualities were a mere drug. Milch cows sold heavily, at from 16/ to 18/ 10s each ; suckling

calves, 18s to 30s. Quarter-old store pigs, 16s to 20s each. Beasts, 486: cows, 160;

sheep, 2,010; calves, 92; pigs, 208

PoTATOES.—WATERSIDE, Feb. 23.—The su to this market since this day se’nnight has been limited ; yet, in consequence of the unprecedented mi'‘dness of the weather, the trade is very heavy, at the following prices: York reds 80s to 130s, York Regents #03 to 110s (dull trade), Scotch reds 60s to 80s, Montrose buffs and blues 70s, Jersey blues 70s.

Hops for the best pockets, and at fully other sorts. The quotations are, Sussex new pockets 6/

23.—There has been a tolerably steady inquiry s not much inquiry for

ewt, Weald of

Boroven, Monnpay, Fet previous rates, though there i

8s to 7/ 58 pe

Kent do. 6/7 5s to 7/ 7s, Mid Kent do. 7/ 7s tu 9/ 9s, East Kent do. 9/ 9s to 10/ 108, Mid Kent bags 7/ 5s to 8/ 38, East Kent do. 8/ to 9/ 9s.

i int of business transacted in our market Fripay, Feb. 27.—Although tl! , week has been by no means extensive, prices, from the sup} the

otter being small, are well supported.

PRICES CURRENT OF CORN, &c.

British and Irish. ‘ ’

Wneart.,.Essex, Kent, and Suffolk, red new a 57 to 67 Do. do white ose 69 Norfolk and Lincolnshire, red... 65

Northumberland and Scotch do. 64 WE cence : Old 35 «36, New 35

BARLEY Grindi: 24 2 Distilling 36

MEALT coc Brown... §2 53 Pale Ship 63 Beans ...New large Ticks 32 37, Harrow 42

Old do. 38 42, Ditto se. 48

PEAS Grey on 32 31, Maple ... 60 White Old 10 4i1, Boilers 42

Oats Lin. & Yorksr.feed.21 24, Short small 27 Scotch oe sm Angus 31

Irish, Cork, Water dad, ¥ ghall Black 42

Do. Galway 19, 20 Dublin & Wexford Feed 25

Do. Limerick, Sligo, & Westport eco 25 Do. Newry, Dundalk, & LonJonderry 25

Fiovur -[rish, per Sack i 1b Norfolk, &e. 5:

TARES «. pis oes Old feeding 48

Foreign and Colonial. 3 nd,

Wueat...Danzig, Konigsberg high mixed and White eve 65 70 w. 56 5% Do do, low mixed and Red ove 62 64 .. 53 54 Pomeranian, Mecklenburg, Marks Red . 63 ¢ eee 4 55 Silesian on ese ee. White 63 G4 .. S51 52

Danish, Holstein d Friesland Do, eve oH ¢ 50 52 D do. do Red 60 61 i6 650 Russian Hard 58 60 Soft 61 2 we W@W GS Car ian Red 60 61 White ese 62 4 59 63

Italian & Tuscan do, 60 61 Do. eve 60 62 .. 52 54 } tian 42 44 Fine 45 46 34 35

MAIZE occ cccccecccccccccece yellow 34 35 White ose 35 36 83 35

Barwuery Grinding “aie 23 25 Malting oan 2 = 20 2

Beans ... Ticks 40 4) Small ove 42 44 36 40 PEAS White ace 40 42 Maple eve $7 33 38 Oats ... Duteh brew and Thick eee ove ove 28 Pan Se

Russian feed eee a an eee “Be ua DS

Danish, Mecklenburgh, and Friesland feed eee 23 25 «we 20 3)

Frour... Per barrel, Danzig 30 l American eee 31 33 we 28 29 rares ... Large Gore 46 isold 34 ae New ese 44 46 ... 43 46

SEEDS. LINSEED .. Per qr Crushing, Baltic 42 46 Odessa 47 48 Sowing RAPESERD... Per last do Foreign 27/28 English 26/28 Fine new 28

HeMPSEED... Perqr ... ‘ . Large 5 36 Small 1 CS : _ 35%

CANARVSEFD Per qr 48 51 Carraway percwt 48 50 Trefoil perewt Mvustrarpseec Per bushel os oe «» Brown 10 12 White 10 11 CLOVERSEED Perewt English White old a ee 52 76 Red 52 74

Per “ Foreign new ene «- 60 78 Ditto 58 72 Per English Red do, eee eee 0 68 Choice 70 76

LINSEED CAKE Foreign perton, 8/ 0s 9/2 Os English per M. 117 10s 11215s RAPE do. do. per l7s ( Os Do. perton 5/ 17s 64 Os

HAY MARKETS SMITIIFIELD.— Meadow hay 3/ 5s to 4/

1/7 10s to 1/ 13s, wheat straw 1/ 13s

the above quotations

CUMBERLAND.—Meadow hay 3/ &s 1/ 12s to 1/ 14s, wheat

supply and a sluggish demand.

THURSDAY.

5s, clover hay 4] 5s to 6115s 6d Oat

straw to 1/ 15s per load. Trade dull at

$2 4s to 57 10s.

loz d. A

Oat

moderate

to 4]

lJ 14s to 1l

8s, clover hay

straw straw l6s per

SE RS tl Ti tt

274

WHITECHAPEL.— Meadow hay 3/ Oat straw 1/ 11s to 1/ and trade dull.

5s to 4/ 5s, clover hay 4/ &s to 5/ 15s, 13s, wheat straw to 1/ 13s to 1/ 15sper load. Sujply good,

COAL MARKETS.

23.—Adair’s Main 13s 6d— Burnhope Hartley West Hartley 14s 94—Chester Main 14s 64—Davison’s West Hartley 15s 6d—Hartle- pool West Hartley 14s—Hastings Hartley 15s—Old Pontop 12s 3d—Tayior’s West

Hartley 14s 6d— Tanfield Moor !68 3d—Townley 14s—West Hartley 15s 6d—Wylam l4s Gd—Walisend: Clenne!! 13s 3d—Gibson 13s—Walker 14s—Hetton 14s—Lambton

Monpay, Feb 13s 6d—Buddle's

15s 6d—Russell’s Hetton 15s 3d and 15s 6d—Stewart’s 16s—Heugh Hall 14s 94— Seymour Tees 15s—West Tves 14s—Cowpen Hartley 15s 6d—Lewis’s Merthyr 24s 6d Sidney’s Hartley 15s—West Hartley Netherton 15s 3d. Ships arrived since last day, 178 Wepwnespay, Feb. 25.—Adair’s Main 13s 64—Burnhope Hartley 13s—Buddle's West

Hartley 15s—Chester Main 14s—Davison’s West Hartley 15s 6d—East Pelaw 13s— Hartlepool West Hartley 15s 6d—Hastings’ Hartley 15s—Holywell Main 15s—New Tanfield 128 94—Old Pontop 12s—Ord’s Redheugh 12s 6d—Pontop Windsor 12s 94— Tanfield Moor 16s—Townley 14s—Wylam 14s 6d—Wallsend : Bewick and Co. 14s 6d— Clenneli 13s 34—Killingworth 14s—Walker 14s—Belmont 15s—Braddyll’s Hetton 15s 6d —Haswell 16s 6d—Hetton 15s 6d—Lambton 15s to 15s 3d—Russell’s Hetton 15s 34— Stewart's !5s 6d to 15s 94 —Caradoc 15s 6d—Kelloe 15s 3d—Adelaide 15s 6d —Tees 15s 64

—Cowpen Hartley 15s—Sidney’s Hartley 15s—West Hartley Netherton 15s. Ships at market 127.

Fripay, Feb. 27.—Adair's Main 13s 6d—Chester Main 13s 94—Davidson’s West Hartley 15s—Hastings’ Hartley 15s—HolywellMain 15s—O!d Pontop 12s 3d. Wall’s- End :—Killingworth 14s—Newmarch 13s—Riddell’s 14s—Braddyli’s Hetton 15s 6d— Haswell 16s 3d—HNetton 15s 6d—Lambton 15s—Stewart’s 15s 6d—Heugh Hall 14s 6d— Kelloe 15s 3d to 15s 6d—Seymour Tees I4s 6d—South Durham 14s—Tees Cornforth l4s—C Hartley 15s—Sidney Hartley 15s—West Hartley? Netherton 148 9d. Ships at market $4; ; unsold 32 :

ids 64— owpen

sold 52

MARKETS OF THE MANUFACTURING DISTRICTS.

HUDDERSFIELD, Feb, 24.—In our market this week there has been rather more done than for a week or two past; rather more business was transacted ; home trade.

BraDForD, Feb. 26.—P1Eces—We have had another flat week, and to- day the business transacted was certainly not above the average of many weeks past. Yann—No amendment in the yarn trade, and prices are miserably depressed, notwithstanding the great reduction that has taken

place in the quantity produced. Woot a shade flatter. a lle hogs may be quoted same as last week. Middle wethers 2s 6d per pack lower. The foreign merchants of this district are unanimous in their complaints of the slowness of remittances from abroad.

MANCHESTER, TuEspay, Feb. 24.—There is not the slightest change to notice in the state of our market this week. The continued, and indeed increased pressure for money prevents all purchases but those which are absolutely necessary to supply existing wants, and the demand, both for goods and yarn, is exceedingly limited. At the same time, though some few spinners and manufacturers have made slight concessions, prices are generally pretty firm; a fact which, in the existing state of the money market, says inuch for the generally sound and healthy condition of the trade. Rocupa.x, Monvay, Feb. 23 —We have had another dull marke f

- few buyers have attended. Prices of flannels remain much the same. wool there is no change to report, business.

Legps, Tuxspay, Feb. 24.—There has been little more doing in light tweeds, but upon the whole our markets remain as yet without animation. Weel keeps firm.

Bevrast, Turspay, Feb. 24.—The prices of flax throughout the country markets, remain the same as in the previous week : handscutel: d from 42s to 49s per cwt ; milled, from 56s to 633, and very fine, 68s to 72s per cwt.

The present prices may be considered as 4s per cwt lower than a few weeks ago.

the wal ‘hous s

the also in some of

for the most part, however, for

and In

either as regards price or amount of

LIVERPOOL MARKETS.— Wednesday. (From the Liverpool Price Cnruent.)

The same inactivity which has characterised the produce markets for some time past continues. The pressure for money is now matcrially affecting the value of produce. To make sales,a decline in the price of several articles has been submitted to, and business generally presents a gloomy aspect. ARROWNOOT.—500 bigs are reported, at 18s per ewt.

Bones.—Sales have been effected at 9/ 10s to 91 17s 6d per ton for shank. DyEwoops.—Of all descriptions, the sales do not exceed 150 tons, without

alteration in price. Fruit.—Dried.—There is nothing of moment doing in this article, with

the exception of a rather better inquiry for currants and low priced figs. Green.— After a short supply of oranges for some time, we have an arrival of eleven cargoes, viz: six from St. Michael’s, two from Terccira, Lisbon, and one from St. Ubes. The St Michael's have brought 30s to sper box, and Lisbon 23s 6d to 25s, Fora parcel of Messina lemons, just arrived, 203 per case was bid at anction, and refused; some boxes’sold at l4s 3d Guano.—Throughout the weck there has been a regular demand for this

article, Thesales reported are principally of Ichaboe, of which about 700 tons have been sold, at from 7/ to 8’ per ton.

{ain.—3 bales of horse, sold at from 1s to 1s 1d per Ib. U1pEs.—The market continues in an active state, except for salted Buenos

Ayres, the demand for which has slackened since the h ne transactions of the last fortnight, A few sales, comprising 4 to 5,000 made since our Jast report, and at about same rates. At the public sale, yesterday, the whole of that class and of the Rio Grande offered were withdrawn, except a few damaged Buenos — 9,200 salted new South Wales were sold at 3d to 33d, chiefly at 34d, anda few’new Yorks at 3d ; new O: leans, 2§d ; 860 dry salted Pernambuco at 44d 8.700 East India kips dry salted dark cure, 83 ito 8d; rubbed, 63d to 734; 2nds 5$d; heavy 53d to 640; light, 5d to 6% $d; 3lb. ‘ekins 4d to 7d ; good dry Madras kips, 63d to7d. A few prime salted horse sold at 198 each. "The qnantity ofinferior hides brought to sale during the last two or three weeks has prevented any rise inthe market, and indeed until the stock is still further reduced, we cannot look for much improvement. The close of this month will, however, show some reduction. Hemp.—Out of 1.500 bales Jute, brought forward on Saturday last, a por-

tion only sold at from 11/ 10sto 127 15s per ton. Baltic deacrptions are firm, but no sales of moment are He pera

Hoors.—Sales have been effected at 8/ 10s to 81 153 per ton. Horns.— At publie anction mao lay, the following sales were made

19,000 Sydney ox, at 40s to 41s 6d: 9.000 B. A. ox, at 263 64 to 36s; 1,300 Velparaiso ox, at 133; 1,000 N. American ox, at 13s 6d ; and 6,000 B. A cow, at 13s.

two from

3ls

hide 8, have been

THE ECONOMIST. [ Feb. 28, MeETALS.—Certain failures in town, combined with the continued pres-

sure in the money market, have had a depressing influence upon metals. Manufactured iron maintains its price, and a fair business has been doing. Scotch pig iron, being held on speculation, lias been reduced in value—sales for prompt cash having been made at 75s per ton, at Glasgow. Tin plates are dull of sale ; and we reduce our quotations to 33s for 1, C. charcoal, No change in tin, lead, or copper. Myrano.ams.—There has been a good

at from 5s to 6s 9d per ewt. Oits.—A few small parcels of olive have found buyers at the quotations.

All kinds of fish are neglected. Palm has been soldat a considerable reduction on last week's prices. |

Provisions.—The finest qualities of butter are sought after,*at full prices, but middling and inferior continue much depressed. There ismore doing in bacon. Lard, very quiet. American becf has met a ready sale, at steady

prices, and the market is now healthy. Cheese has sold more frecly than |

demand, severa! lots are reported

oils

for some time past. In lard there is not much doing. Rice.—The demand this week has been limited ; in prices there is no

change. Ilolders continue firm. Several arrivalsare reported. SaFFLOWER.—The sale is dull excepting for fine quality, which is worth

28s per cwt.

SEEDs.—Out of about 160 tons of clover offered yesterday at auction, only $5 tons of American red were sold,

about the same as those realised at the last public s:ls. for timothy, there was no bidding. Rape is in good request; sold at from 488 to 51s per qr for very good quality.

at from 45s to57s per ewt. These prices For flax, and 3,000 pockets

SHELL Lac.—The sales are 120 chests, at 32s for block and 34s 6d to 37s | per ewt, for fine liver and garnet. } SuGarn.—The market continues much in the same state as last week ; the

sales are Jimited at the quotations ; of rather lower rates TALLow.—The uncertainty which exists as to the period when the pro-

posed reduction in duty will take effect, tends to make buyers act with cantion

The market is dull, and the transactions very limited, at the quotations; there have been no sales at auction this week.

lea.—The market has assumed a more healthy appearance. a good business has been done, prices ranging from 84:1 to 1s 7d per lb. The sales reported are Fine congous of this year’s importation,

the trade do not appear inclined to purchase at the prices demanded, but ef last year’s iinport, the same description has found buyers at from 1s 6d to ls 9d per lb. For twankays, hysons, and gunpowder, also scented orange | pekoe, there is a fair demand, atthe quotations,

Terra Japonica.—This article moves off freely, at 12s 9d per ewt. Topacco —The sales during the week do not amount to 100 hhds, con-

sisting of Weste ‘rn strips chiefly taken by the trade. The market is quiet, but steady. Prices remain w ithout

VALonIA.— 35 tons sold, at from 11/7 . » 147 per ton. W oo1.— (From our own Correspondent.)—There has been rather more done

in foreign wool this week, but the unsettled state of affairs destroys all confidence, and thereis every disp to act with the greatest caution. Prices, notwithstanding, exhibit firmness.

in some instances, holders have accepted |

5,000 chests

sition

great

Liverpoor, Fripay EvenineG, Fes. 27, 1846,

eects tea

In congous, |

change. |

The cotton market has continued in a very depressed state the whole week. There has not been quite so much irr-gularity in price as last week, though sales have been | effected decidedly below the quotations. Upon the whole, more steadiness has pre-

vailed, and, except in a few quarters, we do notnow see much auxiety to press sales. We do not alter our quotations. Brazil and Egyptian are not in demand, but are held at last week’s prices. East India are freely offered at last week's rates. The sales to-day amount to 5,000 bales, and are chiefly to the trade. Speculation, this week, 3,500

American and 200 Surat. Export, 2,5°0 American and 200 Surat. 3,580 American, 70 Pernam, and 20 Egyptian have been forwarded into the country unsold during this month. Vessels arrived and not reported—2 from North America.

Taken for consumption Whole import Computed stock from Jan, 1 to Feb. 27 from Jan. 1 to Feb. 27 Feb. 27

1846 | 1845 1846 1845 1846 1845

259,970 bags | 261,440 bags | 179,933 bags 303,900 bgs | 807,700 bgs 787,840 bags

. . 1 >I IYre FOREIGN MARKETS.

Havre, Feb. 23 Cotton—The last accounts from the United States advise small

shipments for this port, and high prices; a brisk demand has in consequence taken

place in our market, both for consumption and speculation, and prices have advanced ; business would have been still more extensive, but for the unfavourable accounts from

Liverpool. The sales are 12,000 bales, arrivals 1,700 bales, stock 44,500 bales, against

51,000 bales in 1845, and 107,500 bales in 1844. Coffee—The market has remained quiet,

the } rint ipal purchases being in Laguayra, of which 80 casks and 600 bags have been

placed, besides only 1,000 bags of St Domingo and Rio were sold. Sugar—There has been a moderate demand at wéll-supported prices; about 600 hogsheads have been taken. Indigo—Only 26 chests have been sold, at about 5d discount upon the valuations of 1845. Ashes—The demand is trifling; but prices are not lower. Stock, 5,700 barrels,

acainst 1,500 barrels in 1845. Hides—There has been some ¢ om derable sales of Brazils

f the late arrivals. Tallow—Neglected. Whale oil— arce ; hardly any left in

first hands. Whalebone—This week the market is quit ts 7 some sales have been made to arrive. The accounts continue to be unfavourable as to the result of the Southern and North-west fisheries Wheat—No change in the vatue

HAmpcrau, Feb 21.—Coffee—The market has been less lively than last week ; still prices are well maintained, and 6,500 bags, principally Rio, have been sold. Sugar—

rhere is a better feeling ; the sales are 700 chests of Brazil, and 600 boxes of Havanna.

Prices are rather stiffer ; in refined less doing than last week. Hides—Business has been very extensive, amounting to upwards of 30,000 Braziland other South American | descriptions. Cotton—Holders are asking higher prices, which have been paid for | ibout 300 bales of American. Our Corn Market is dull, and little doing on the

spot; for delivery at the outports there has been business doing to some extent, but at a decline. Spelter—250 tons have been sold at lower prices, equal to 19¢ 12s 6d per t on board, both on the spot and for delivery |

ANT WERP, Feb 2 Coffee—The demand during last week has been moderate, but

prices are well supported; the sales are about 3,500 bags. We have no arriv ils, and our stock is getting much reduced Sugar—Though there is no improvement in prices

the business has been more extensive than for some time past; in refined there is very

little doing, and nothing worth mentioning for export Cotton—As in the preceding

week, purchases have been upon the most limited scale; only amounting to about 100 bales of American Buyers and sellers are equally upon the reserve. Whale oil and

seed oils of every description are looking up andin demand. Tallows—Firm and bigher | prices asked, both for inland and foreign. Hides—There has again been a good de-

mand; about 12,000 Buenos Ayres having met with buyers. Ashes—Small sales at f rmer prices. Wheat and rye have given way on the markets in the interior, not without some effect upon ours, both as to home grown and foreign. Barley and Oats—

Supported. Sowing Linseed - In demand; in crushing but little doing. AMSTERDAM, Feb. 23.—Coffee—Prices are without change. Some business in Java,

both Company’s and private import. Sugar—In raw nothing doing. Refiners again ask | higher prices, which prevents business. Indigo—Purchases have been more extensive, } amounting to about 70 chests, at previous prices. Hides-—Only small lots of South American and East India have been sold; the stock is very small. Cotton—The sales

are about 1,400 bales, principally American. Prices have slightly declined. Whale

oil—In demand. Rapeseed—Dearer. Linseed—In good demand, without any change of price. The Corn Market is dull; prices unaltered, and purchases only made for the | immediate wants of consumers.

a ED

aan

———————$——

—__————

Ooo

1846. | TH E ECONOMIST

275

We erct

al Tit

na The

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es Hid

so

carefully —

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by an emin ised every Po sen te :

sal and M V , per tb 8

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ae

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ment

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7

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; 4 Carawa

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s. a 0 324 0 43

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s pt spiri

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0 34 0 43 Canary

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cama

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ndia

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.. eacinenatane 0 80 0

utch superior

35 0 0 6

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ere

’ i.

> é rica

}

0 l

« >To easee

e

50

utch

s . :

§ 9

Para, Bahia,

& wt 34

Russi lorse,

Oo ¢ 0

wi wn.

540 56 0

> No.2

:

:

, Bahia,&Guaya

=- 2 I

os p hide

9 0 R

ite “ee bush

56

iece 0B sees

eae °

&G aon Oe

0 nd

e 10 09

ape sees

1 12 6 0

1eCES os... Se

0

OSeinatee, tia jaye 30 = adiigo diy fr

ee aide a8

arene pees 0 0 14 0 Bastard...

Boat 0

naica, tris -P, 4d

: 3

DP aiean

6 uty fi

s £2 . (

eacle .

: 0

per a triage

and plb, For. 6d 0

Oude .... a

Bauleah ~

6 O£30 ) Tall

o ea 20 0 31 0

good om hp nea —

a '

rBi95

7 Gouate

a &c. ... per ib 0 | Du

ty a

-13 0 13 0

lo eae

30

anilla .

serve Bf

. ‘ossi

cena 7

6

a . 3d,

6

fi whet, -~ed

ord...» 50 0 46 0

Carr os

a : 5 6

Con mbuzar

& 6 12 0

ae Amer. 1 For.3s8

2d

» ine middlin niddlin

g 72 0 66 0 Seonae

ns ~. eee

43 = ii

16 0 - id

eas P po ews

— and —

fine 05 : 94 0 mee

e

3 : 2 6 Raws,

seems

: _ 9 TT...

— YC 2

0 42 0

agoand

arnen o

125 Cc

r ver th coesooa

re >

4

, Lombar

e 8 0

—Stoc

sescece

‘ 6

good and OF e+0ss

0 rop H

ie Ib

we | 4 F

Do aud

Ist 6 18

Tea ae

socsscee OD =O 42 9

low mi Snaeed

.... 25 0

do. .. 30to

4 Fossom

t Sua do .. 0 26 0

Nahe y 23 1d

,p bri... 16

ae

Ceylo niddl

ing t eee 44

40 9

Englisl

5( 40%

01

Whit prone

.

v0 > 0

F a Canto

0 16 6

ylon, ord t

0 fine 5 0 48 0

~ Butts ov

65 0 1 04

N e Novi

..

23 0 okien

n, per lb,

6

io 0 good

co.

ae s 16

24 1 0¢1 a

Naples Re

0 26 Cengou,

ord and. bad 0 4

ess te und plan

ki --- 46 0 i Foreign

d 28 36 Le 1 : D ryals, Istq

u. Q 3 ;

middi ord and com 0 0 5

, fine nd...

5¢ 49 0

0 3 386 1

6 Bol

o 9 10 29

» 0 a dlin

aan, a2

cleaned garble

xe 63 0 60 0

Calf S & a

25 0 2 110 or

= nd do § 22 ;

23 (0 Soucho

ng, or fine

0 9 0 we

garble

«+ Oo -

28

yro ee

2 =

scene 5

a

_otd andunga

rbed... 51 0 —

_ seee 20 = 0 a

2 Siemeh

cvecsee S10 = 0

ar on nin to fine. “

10g 2 3

atr. a

5

35 ‘

ORG

‘

r Seat aatnes

- (

Padang aseec

ccce eee 44 0 : 0

Dr do cane OO 20 ; re

i . neaRsi

nns - 0 33 0

Caper nin

maven ° : 2

3

piceati ai

— ee °

0 es

th

| ;

ded NE

a

:

.

a paean

Sei = 0 25

Sh sing Hides.

0 120 120

imont, 20-22

he

n wery. ca

10

flanilla

ecceee . 2 @ 28 0

I aved d

“eeeee Bek

. L Do

a es :

Twanka ange ..

2 0 0

Brazil, ord to goo vies 28 0 50 :

—_ Hides. Englic

eee O10 1 ° “manl

y - i atin =

0 31 0 Hyson

Sk otk to ine.

.. 1 0 ; 6

s een

- 32 a

ds Suan

ak 0

8 ) y, 20-22

oe 28° 0 28 Hys

in . a

9

St ne ord a

an ) a ord. 29 0 42 0

Kip Spanis

h mglish .. 1 ss 4 2

Fre o 98-5

oe *

29 0 yson,

con 00 ces cec en

e 1B 7

u Domingo coloury.

. 33 0 33 0

ps, Petersbur

gh, hide 13 ee.

ae 30.

25 ; 30 0

; middling to fi

t on ole

1 °

auenuah

o0ates J 33 0 .:

MI o East l irgh, per 3 0 20

1, Lomt 26 ase

« 27

mperis

iil “

:}

fir ah, ord

to gd ord 3

5/0 eta

India .. Ib } 0

—— vardy, 99.94 30 0 ; 0

Gu Ri dicak

2:

21

Porto — aoe

32 0 = | Seeaths

oe ite

0 é ; 4} Baunis

s~8 ieee 27

0 = ° wae

cremeeenene i , 4 0

ann cave

anaes ry.. 38 0 = 0

Botton os ha

lte-tee. ht

4} . Long

do Shost ree) 28 25 ; a 0

imber |

a 2

2 a

me ehaen soseee

3S : 0

did eee

103

RSIA ser eecese

rs a 0 15

Oak. Qu r.d

7 =

6

ay duty fr peunwes

ae 2S

Tou spe

ssvrere 0 11 00

Spic eR t

ae 12 6 15 0

— Que. duty’ 10s p Id

i $ Lb 8

en oe yfree

0 78 0 T —_ cake

“I a ll of 0

0 ; ces

—P an ae

a : 13 0

r duly Wr

y Cokes 7

tas

engal iease

ncannee

I] ais

yep ton "£

: Oo ¢

P cwt

0, dut one

Liga Po i

s p li 7 0

Madras ....

per ¢

tON, maa

3 0 94

EPP - per it

y 5s

lA geome

oad, For. 25 7 lv

ras seeeee

2

per soveveces

0

ER, 1D be

antzic .. per los

r.258

Pervain oe

r ene

2 ; 33

am ike t

on % 6 0 °

— Mak ~

Pp _ 0 33 0 3]

P Swedish and

—— 4 7 0 0

Perna, -s-.-s

eseees a a

34

= rods ish

s £ eav

abar, h

%% ine, Quebec,

re el... 4 0

4

seeeee

é

peeeee r ~

. §

a

u i

baididatel cae

New a Ge

orgia een

aene 0 2 0 3

Hoops ..

mab iiiaind

915 10

s

eiiees WN he

avy’ bd lf-

, ebec, red

~. 310 410

dD rleans

sreccee

54 0 64 | Sheet

-. 1010 0

Sur :

an @ 31

Mi Od oes ver eee

4 3 12

aye me

eereeees

; 34 40 «43 Pig,

No ‘

oa) Ba Re 0 0

White. * ccccsccs

seee O <8 0 33

“ae —

: A 45

aetna

ae

‘ esc <<

0 _ White

cece 23

a nse

& St John's ¢ 0

Rectan

’ paceleh a

0 a 0

54 mo

Qo 1, W

ales”

12 10 0 :

ae ens

to te «

O v4 ; 0

Wainscot

Logs, Ie

s 410 - 0

Smyr |

ar tiwat

ee @ .

0 Pe ig, No.

ae ee,

ae 0

3engal

y B.P.5

~~. @ & 24

a duty

; ..each 77

°

na. eeeeee

ee ;

s s

>» 1, is .

9 0

h , pere

.538p ew 33.0

5 De

nel, &c

P. 1s, 5 10 0

Drugs & Dyes 0 og 0 8 ne

woue S e Clyde 3 .

se — Peeenne

y ao

= eset

9 .

~ Dyes 4

044 05 p ton—Eng,

pig 12 317

ae recat

ab ee Gefle, L4t

t .-P. 2s p id 90 0

. HINEAL

ate free

53 sheet

ng, pig 31 0 0 0

c arbadoes

nce enctia af 0 70 0

Stockhol

in by 9 » For. 1412

0

-* mae ant

red lead se eeeseee

10 6 0

AS. Lienza

. Pee I =

0180 0

Gushes A e

ves . 30 0 Age :

eccccecee

PP

w

eeee °

5

oO sat ile

ae $5

Qo

. ) 2]

a ae

Lac a. se

eeenens perlb

5 9

ae Baro

= ° 0 0

as good, a

BoP. a =

42 0 | first

cole pine

23 0 29 0

DT rE

seenne! 3

2 ona

shot moe

.. 24 10 ; 0

onan

wt...bd 54

For 3d wo

do y 8b. 1T 0

Gin mee |. ou

7 STEEL

1 pig, in ceecae 2115

Q Ceylo

on duly B.P. 3

64 62 0

D: e spruce

‘ 18 0

wae

soles rib 110

;

vn — 18 5 os

0 pon per a

P. 3d p ae

0 oe deck.”

nie

Other mee 08 2S

oo Revor,

ne te

iy “aes

aa ie

lh 21 0

aoe.

s ‘IN dut a

aera 16 10

0 oem

essen sven 3

i - pues

1 0

'U ae 2

N duty B.P per ton 1 0

a ie

20 3 6 acc

er 1200 ... 95

TURMERIC

Bocccccece

18 0 58 Englis

h .P. 3s mine

19 15 0 0 Amboy

uly 6d, per

ik oie 6

pon mf du

ty 38 pe i 95 0 105

Bengal

° 3 0 45 ; ba blocks,

p t wt, For. 6s 0

Cayent mae ont

= 9

fine d, per

lb em lb 105 0

’ Bliccre

v9 0

ars...

»pton if

4

M yenne ¢

-ooler

and g

, bond

on ia percwt

Ill 0

et a, in bond..... ony -

0 Oo am

duty 20 ea

e : ea a

coloury good c

olour ed

Te 2 ——

Malabar. woo te 8 . 6

TIN oL

do. ; tenes

88 ; 0 0

eae duly

- per ib

2 8 0 9} light

ee naseoa

s ; 0 6

‘a

Catan. Pegue, a

10 0 15 0 Chi hi

se) per bos

ae aonaie

d cubes #6d, For.3 3

9 Virgin an leafy

icaly 0 5 8 0

Gi ego

SS

= Ci

: Cc

0X . 0

so ead

. 33 6

: i nse esecce

Seumeet

e,gd,pewt 30 (

Moles , —

Se 0d pirit

s—iuin duty

. 0 4 ",

= ee

, ao 8

es

» 85

eoee vs fi

amaic

7 a

7 ’

70 ,

, Tris :

4

Loc oods duly fr

ee 12 6 13 0 Settee

duly BP. 28 | 345 0d

naica, 10 t a

oe 4d p 3 2 0 — middlin

g d hspind 5

—

y Jree . 3 <

West > &

238 Od B. RP.

: 3 - 29 0

per gal 0 20, O

P I gal

l on

f dinary tor

g do..

5 aa

amaics

Vest India, dp

5s 3d, Fo 30 to 40...

’

_fine blac middling

... )

Hondur

pert £s

£ Retin

ers f nt pe

rewt |

_— th

40 see bond

2 9 3 tam

e sweet ie

0 oa ; 4

Cs ras

on 415 s

Do exp , forhome

use, f, 8 0 2 een

narks .

sa Sa § 3 0

— sahieat

“oe 6 2:

:

———'

5 ye i Oils—

‘ch seunas i

a ia 0 = ° aca 10to2u

0 P ‘ ; 4 0 do =

and — _2

.

§ Cc Versev

eeee

0 :

ish are

:

95

30 t

20 0

,

,

:

-_ i ae

See a

Seal, pal

dl4 0

° Leew:

YAO serene

oO! 2

49 Aseaseto

n partsho

0 0 54

naica

91 B pale, p 252

£ 14 ¢

eeward I., { donee

3 2 C

foort fi rt

420

Cuba aise

bl ~—

a .p252 gal dp:

e£e

Bengal, pro 5Uto5O

... 210 8 6

eee ee

® 33 a3

Nuc Caer

m 6

Sper and ye

llow ip 28 10 ‘ 4

al, proof 5O .. 1 D 8 3

Hav sh.

s,&e. 0 5 0 4

ooo

10 710 H aiaical

Weseese 25 29 0

: eaialicon soaeel with cer

21 re ana an

d C 5 01

Lima .

Yoo 8i0

9 c Atay on

e 25 10 27 0

Srandy da -ertific

ate..... 110-1

13 a (fine).

umana ... 0

6 O 0

Other larg

e so per {¢

“ SO

eens soe see cene

s na 0 78 O Ist bra

ily 228 Wd pg no

ll | sen

| a

— 5 7

Small os ge

solid on 10 0 «16

On outh eo

ead 0 0 81 O

nds, 1538

pgal 1e

| egroh

ead gars,bd

d i dulyds ) 1 2 ] 4

_

pec eit

he ela

)

“

é =

ee 26

aes

: .

1 :

1

| Saran W oe

rough ...

1a os 6 0 meank

Galicell

pert ez “ 0 26 10

1839... -

S

= ' ee ane

se ae 4

simas

ID me

fi 23 0

! anish and

per tut

. 0 26

1840 . 8

5 iH ber.

n a

> 0

#

ti zone

sicil 1 89 |

10

* 5

Spirit ime ..perc

0 10

ieee pe

“alM «+++ ily ..

. 0 40

181] yf

ll w

s of, d ewt 1

} Br Leseeee

rton 11

Coco aseesuee

cece 38 1 0

; ;

i a one

- a e

cn

AZIL eee nen eens

10

a Nut per

to 0 39

Vint 842

6 2 o | E

ine <a lo

Unt Wooo 8 0

ae Seed, Rape, pale

n30 0 31 0 age of 184

6 6 4

leeces, § LISH 53 0 8

|F it ae

ene

Linse ape, pale tereseene

G2 sl 0

G a

l 6 i 6 6 |

Half-br o. Dow

n | 54 0

| ruit —Aln

«+ perton 18

Ble ed -

° 36

) 32 10 eneva

ee 5 g 5 =

| ams

red hogs selin

a On

Jordan ponte

8 0 50 0 ——

eee 04 0 36 10 Susi

aiee Gee » 52

5 ie z= ent

fleeces

1b 10 6 he

» Soa

) etersbg Mors par 4¢ 5 241

ar

Sth Mad

| new

6?

| Vv aca

te speee y pewt

,i ¢s

I : cake,

ng Morshank

= Od 464 ¢ ; W

S y B.P.\

As 2 4 3 So

— pratt

wes &ewetle

r = ue ‘ 0

1s

in duty 108 per: 71

.s do Forei

000, 3tbea 11 6 45

midd br dp

oriée4d

6 | s—Clotl

a 30 0

nev Os pe

0 16 R

eigi ea |

» 0 aida

p,pe

1in 12

Bart sina

a a

P ape, doJ.. 1 +per

tom Id Us 1il5 good. ing

wt 45 6 |

Prime nie »spi

cklock 17 0 0

sent euneet tt lee

z needs

‘ i 5s

ee

’ >

:

(

Cc ° iter eeeee aS

nd io 4

Provisio

ns eer

5 10 9 0

tine

oe 49 O “ 6 —

os picklock 14 10

i8

;

seal ‘

7 5

are re

2 15

:

°

k 00

) ;

u oe

urrants, duly

15s per: e.

US Butt

eae pe

» © 6 Mauriti

us, bi sccace

0 52 . | Conti

n twee 14 0 15

Zante uly 15 ss pe

» #8 7 0

C er—Carlow

id, except b

yello vrown

hee 2 0

. ig Weti

-

4

P & Cepl

rewt 3 5

ork...

ene beef &

p Be eee

po 55 0

hina,

oc 3 >

Fi atras, oa

r ial, new 2

Limer coer

soee SOS VE F wk.

ngal,

: 0 48 O Comn

:

17 0 17

T duty 15 a

9 : 2 ¥

Fy =

a 958 Ve yello

w

; 0 6

Hog 10N ..

15 ¢

;

' za k

ey = perc

wt “ae. a

° is re p

nary fresh

2

0 “a hite

sienotaneuenne

nts 4

U = ; |

Hog matc

hing

1s * :

| Spar

é snew, pcwt

7

ind Holst cvceveces

419

adr

a

: ) S

ock 1 a

a

| Plume det sees .

is tw 3

nee Istein, fine =

0 128 adres,

brown we

"47 (0 45 0

OT matchi

hi _ 10 r

} retar

d y 208 per see

1 10 3.10

acon,sit me

d- Ker ee

i 0118

0 For

free

eee 8 ss 6 0

. ieiii

eit oe

te 1

eee per ¢ wt

0 0 L Limerick

. -Waterfd 10 wi

f iaihebciaghii nama 14 6 43 0

Spanish

a 10 15

“ee

i

a. 40

,

duly 2

with cerl } ‘

,

5

ens _ ae

es

8

ard—W aterf

‘7 0 7 . Java

b y 238 4d or or rlifi

cate 52 0 |

a R's

Rai ins. i [ ’ 7s

,ne " a w 410

10 Cc merick

bl a rar an 4 Li

- 46 0 50 Ps wl 7

rown and valle

.

— O wie

n 2 ff

duty 15s

wap

/

o s aaa

life and g

7 ©it0 92

| So

. ‘

| val ve

, es i iy

l : Firk _

Belfast do ...

64 0 - Manill

a, = tg

w23 0 28 0

( on 5

1 10 :

alentia fp cwt

e )

Ar inand keg

do... 63 66 0

yellow OW cccccsee

0 31 |

Sev res os

1 8 a

Sn ,hew

- a3

merica: g Irish...

§ 000

O

“ 0

G ille

i

1yrna, black.

new... l ; 1 8

Cask an & Can

ad oo D4 0 v

I — F re

6 26 0 yerma

n | ee

1 6 I

| red che ack. new

10 2 Po

do adian

48 60 0

Lio, brov gn, 638

6 s

aaaee Se?

ae

. eee

oe (§ 2%

rk—A do

0 5

wha

28 0 Sax

] cees

_

ultana ie, Eleme

9 0

sein ella ae he 4

0 52 0

white 1d yellow

— aes

wort

Mus a, new...

~

115 z 0

B interior

an. p b 0 46 {

Per sa deaieiet

mw... 16 0 3 = and

prima 9d Elect

2 0 2

| Flax l —

ica

3 15 0 4

= Ame

‘&

( 6 0 68

; aie

brown man

me °o1

0 | Silesian

oe he at

2 9 ;

eas

A 9

nf

* d

:

oo

d

) 26

idg ;

e 2 .

.

| Riga Pp * i

a

a ad - a to

r... Can. P

p te 68 : 58 0 Bahia.

br ce yel 16 0 * 0

SONAR oneness

: 6 ;

} St Pe a aie

: 2

1 pepaved

iouiees

) 77

ownan

ese 3] oe

0

. —

2

| tl

ia ead 0 » 2 |

ae, ‘a oe

pene Oe eee :

cee sees

3 ye ell wil7

. 26 0 —

ao 0 0 0

Pri

oa s

Got —

96 01 F

avana, brown &

:

22 cai

rim; we 2 |

=, riesland

9 he = 00

00)

c i Se i

; 106 0

waite brown

& _ . 92 6 OF 0

ohemian, } men

a 9 } :

em ial

i 0 ¢

unter .. esecere

20 5

fine i kas ake

. 20 0 . > 6

anil

da .. 0 7

St bp tuly lai . 36 ») 0 0

aie te

- 46 0 - o | ieee white ae

le 0 26 0 wees

dteme x.

oa

Vetersb

0 56 0 Ric

e lut - pee 7 0

8 0 ' rto Rico

. 40 0 39 0 {

garian

Lamb's

aa ll 2

) sb. clea

‘ ; duty

eneseseeese vee 4a

28 .

LEF ae ae a

‘ 0

:

AAMDD'S 0.

:

omtshot _ n. pton

31 0 00 a

wh os 1 p cwl

; 0 £6 a B ah po

D sooseee

19 6 a 0 | Australi

( Fribs. soeeee

] . 4

Rig inuké Gina. «cc

. 2! 0 00

cargt » per ewt

- r. 68

ae in B. ship

«9 0 aliana

US sesene r &

: iga, | Rhine 1ed

0 29 5 | Madra =

~ 15 6 17 D s, double

p, per cwt, refi

| ist C e

e VD Le 1 0 l

E Lnille, f BR ee

0 28 § Java

ce he o |

Se tenance hy Sa

n fined s

in od

. 6 Cl oa

B os Seaien eum sone

31 6 32 Sago

du!

13 0 16 | Equal lee to 10 Ib free s4s

gle | 3d do aes 20

2

aoe ae

unr i +4 15

46 ; Pear! — J Is

} per « ak” 12 0 Me 6 | : atent

as to 14 ; id

s Od 78s Od | in grease lst

8 1

ee

= 10 %7 0 Flo

ree

o | Ordinary ers, 22

to 28 bs 63 a on ed ly

por ne

ie) a

600 606.005 000

co tt? Q ae i §

oecces

9

rieces ¢

nps, 45 1 bs 63 0

) D Li a

0 ¢

shehasatn 24

o a

21 0 26 |

, B cvccse Rag

: 69

= an i sos sees

+ 0

210 0

Itpetre Be

14 6 2 0 | Bastar

d

>... 62 0 66 0 a

3. lat Comt

ae ae

10

N ladras

ngal p pev wt

2 6 15 0 Prenat

B ose . 46 0 66 o |

$<

hing 1-3

2

ITRATE

24 0 28 In bd SEES _

soneee

37 58 ©

L *

stig, q

2

or Sova 23 0 27 o | 6) , Turkey

nen esnannenes = 0 49 0 | “

ace

-_

sacioiy 15 0 270

| 3 Ib loaves lvs,

1 to + Ib 21 6 25

ape

10 1

15 6 | a ae

Ib 44 0 46 o | Wi ani

12

|

agiinama taiatattine

¢ 46

| ne

ania

>

14 Ib peanese

se ee

o | . dut

; 05

2

do oecccee

°

6 40

oO uty

Sod

‘

etna d ... 388 0 38 0

Cle . one

axa ae Ow 6 | St re.

st

0° N lerry

52

TS ee Te

0 43 0 16

Q 55

97 6 THE ECONOMIST. [Feb. 28, 1846, a }

Che Bankers’ Price Current. Foreign Stocks, &. Gees p : PRICES OF FOREIGN STOCKS.

English Stocks, &c. — ete 7 : | eae : = ' - ; }

PRICES OF E NGLISH STOCKS Sat Mon Tues Wed Thur Fri

| as Sat Mon | Tues Wed | Thur ‘rt Austrian Bonds, 5 per cent. 10 gu. p. £st.; — — _ — — _ . '

| - — —_—_ — aS Brazilian eae: » per cent eee eee eee - 2 of - $35 — 8&3} |

Ditto New, 5 per cent, 1829 and 1839...) — — -- — — oe ‘it Bank Stock, 7 per cent oes 209 2084 209 84 2083 993 208} 93 Ditto New, 1843 oe on — — — _ _ _ }

8 per Vent Re juced Anns, ...'908 é Jos | 964 4 ‘08 4 63 § 964 $ Buenos Ayres Bonds, 6 per cent a — 4098 — — —_|— it 3 per Cent Consols Anns, one 909 96 5§ 95% 6 95) 6 96 96g 4 Cuba Bonds, 6 per cent ée0 ose _ _ - -- -— — 3 per Cent Anns., 1726 . —_ — = _ 953 — Chilian Bonds, 6 percent... eee — _ —_ _ |

33 per ¢ ent Anns. ove ove 98$ 2 98% 8 H35 5 Bs hg 98s & Ditto 3 per cent deferred ... of — — _ a — _ } New 5 per Cent ee eee : _ —- | — |} — _ —_ Columbian Bonds, 6 per cent ex Venezuel — - a — 5132 _ Long Anns. Jan. 5, 1860 . — — 10 10 103 10g Danish Bonds, 3 per cent, 152 . oes oS -- -- — —_ |l—

| Anns. for 30 years, Oct. i0, 1859 — — 1103 | — 103 — Dutch 24 per cent. Exchange 12 guilders...) — —_ \>— == as -

Ditto Jan. 5, 1860 - a“ U3 = 105 mee Equador Bonds.. ove a06 ~o§ 3 (33 § - — —-|j-— Ditto Jan. 5, 1880 _ a 3 =e —_ _ —_ Grenada Bonds 1 per C ent oes ose 38 223 224 } — (23 i—

India Stock, 104 per Cent 259 _- 1260 —- 259 61 _— Ditto Deferred eis ae pan on — == — _ | ome |

Do. Bonds, 3 per Cent 1000/ — —_ —_ | — - Greek Bonds 1824-25, 5 per cent os - — — -- } oa | Ditto ; under 1000/ 38s pm — 38spm 4ls pm Mexican 5 per cent, V8: ass ove o 3] 1213 4 |30j 314 § 314 31}

South Sea Stock, 3) perCent... — — | - - — — Ditto Deferred Stock, 5 per cent... — (163 16% — ;16f {17 Ditto Ol i Anns., 3 per Cent — — — 95s pa — _ Ditto Debentures J oe — state one ane — oO Ditto New Anns., 3 per Cent _ — — — 53 2 952 Peruvian Bonds, 6 per cent ... on ous ies an | 1383 9

3 per Cent Anns., 1751... . = sa aad — in moe Portuguese Bonds, 5 per cent oe —_ = no a — | = Bank Stock for acct., Apl. 26 209 -- — _— — 2104 Ditto 3 per cent as at a —_ 8 — on 489 3 p Cent Cons. for acct., Ap]. 26 96 O5 55 I5% 26 O58 964 Ditto 4 per cent ove eee - — (593 Ss 8s i — | oo Stock for opg., Ap!. 26... —_ |}; — 2594 9 om — _ Ditto Annuit 1855 ee = =D on —/|—

| Canada G laranteed Debe n.,) ca oa ae a. a as | Russian Bonds, "Ts22, > p cent, in J £ sterling — —_— _ — — 112312

| “4 per Cent os poe ooo | Spanish Bonds, 5 per ct div. from Noy. 1 $40 27) 74 — 2 273 7 |27 63 Exchequer Bills, 001 is Gs p 7s 9s p sOsp 38s6sp 35s pm 35s7sp | Ditto ditto ditto 1843 —_ vas a oe —_ | — }

Ditto 2004 ssosp 37s 9s p 68 9s p 36s sp 588s p 353 pm | Ditto ditto ditto 18455 — — ams ne os ous

Ditto Small ~~ is Usp 378 9sp [36s Ys s 8s 35sS83 p 38s pn ] tto P assive Bonds ie ed 0 GF — 644 — 6} 64 1 Ditto Advertised | — 36s pm $ p isdsp 35s7sp | Ditto Deferred : hens ‘ am a wm, tay See

™ 5 a Ditto 3 3 per cent Spanish Bonds ... - |373 -- 37331374 ee Venezue la 2 per cent Bonds... i — 45 — —_ - — |

iF COURSE OF EXCHANGE. Ditto Deferred ies al nes oe) — {143 — a —_iji— | | eons ™ Tuesday. F Dividends on the above payablein London. |

i] - — Belgian Scrip, 24 percent ... ove ol _ — _ a | Prices Price | Site Bonds, 4 \ Time ae ta : : pitto sonds, 43 as nt ae ton -- — — — O74 8) — | | Time printed | Prices — lated printed Prices a gociated | Dutch 24 per cent, Exchange 12 guilders... 59§ $ (594 § 593 605 $3 598 i [593 60

on on Uhange on on hange Ditto 4 per cent Certificates 4 9 9 i h 958 3 [95 | on = a ( e € ere ons JOG 3 4 % = YOs 2 YRS 59

| Change Change Ditto 4 percent. Bonds... ove _—_i- _ _ _ _ j < - ipa Neapolitan Bonds, 5 per cent. eee es - _ _— _ -_— _—

| ns 12 9 12 83 12 93 2 72, {2 83 : ean > reer. ” “8 . r ) c « re st a f ‘ — — — — -——

| rht . : 12 5 2 54 12 53) 12 5] 1g 51 | Ex pet Duc, 4f 40c._Ex per & st, 25f elena : short 12 10 12 8¥ 12 10 12 8 : }

Astwer .. 3ms 26 15 26 73) 2615] 2% 5 FRENCH FUNDS. | Hamburgh mcs banco eve 13 143 13 133) 13 14$; 13 133 } — — " ' eae =

aris, 3 days sight hort 25 75 25 7 25 75 25 65 > | Paris, 3 da) c s - 25 0 oo es é } Paris | London! Paris | London Paris | London |

Ditto ese ° 3 ms 2f 0 25 95 26 25 92 Feb. 23 Feb. 2 Feb. 24 Feb. 2 I 5! Feb. 27

| Marsellies ... ° ove 26 10 26 7% 26 10 26 24 | oe ie Seer eee Peeks aes eae } 3 aux 2 2 74 26 1 96 2. ici teenie eg a oe een Ee 7 eee Borde _ = 3g) 20:10 | SS 8 Papen Cie) hk aie ate. & Franktft. « n 22 223 1215 | 5 per Cent Rentes, div. 22)

| Vienna 7: 10 Ss 16 1 lo 7 Marcl i ,o9¢ t ae 123 20 — 123 45 _ 123 35) —

|| Trieste 10 8} 10 9) 1010f 10 7 Chih cc” x _— | Madrid 36g 363 ( 6 | Ng tw ore oe a. a eh — = ngs

i} 5 $ 3 | 3 per Cent Rentes, div. 22) } | Cad 31 ( / 2% y Giv. Soi) a4 3 = 85 = GI ‘ {| — - S .. 2 oe o” ig “8 j dune and 22 December j , , os i es , “4 i Leghorr 80 573 0 623 30 75 30 55 30 60 Exchange oe Sa F — — ile sacs — 25 70

‘| oo - 7) <—. » ti <6 0/ 26 5 | 3 per Cent French Scrip of — | — — — —_ - apl 9 4( 40h oe a z sais ana ed 108 Bank Shares, div. 1 January) |, } : } is \

j Palermo 1] g il9Z poz 1193 119] andi July ae eo 3480 | —_ 3465 | noe 3410 | _

— ae eee 1193 1195 120 Exchange on London 1 month! 25 574) — 255745 — 5 574) = 4isbon <3 } o22 vlg } 3 itt 2 onthe on 4 aie ) a | i | Oporto ‘ 524 5 3 Ditto 3 month 25 424 25 424 424

| Rio Janei — - 244 ome said | - een - valaiaii cadets snenenienenionti }

INSURANCE COMPANIES. PUBLIC SECURITIES OF UNITED STATES OF AMERICA. | — 7 - seteiteninnnaiia nna - en _ — - | No. of re ~ | Peiee | sem il

1} S hares. Friday evening. hare Paid. pr. share Amount ir 26 “ } | ahaa tials aiiiacadiinsabiiaaiblintian ae oh Payable. Dcliars. Dividends. Snag |

es - idan, = }

} L. “Se * ee } | 2,000 32 10s Albion ak oon i «| 500 519 0 0 74 eee a a eae eee: 5 j 50,000 61 pcent Alliance British and Foreign 100 li 00 193 . y cent | |

1] 50,000 6/ p cent Do. Marine ove 100 5 0 0 6g Alabama Sterling 4 1858 1,000,000)Jan. and July | } {| <4,000 13s 6d psh Atlas ... ove ove 0 5 0 0 163 | oe . oe . , 18t3 5,500,000|May and Nov }

. o & i

j, 12004 8 Birmingham Fire ... ° 250 53 0 @ | Indiana .. * ‘ y 5 | £1861) 11,600,00(,Jan. and July 344 | | 4,00 County sie ae _ 100 10 00 | : (1506 J je | | 4,651'54 p cent European Life os 20 20 0 O 20 } ra ° ove Sterling 65 1861 | 1,000,006 =

1] 1,000000/6/ pcent Globe... os Stk 138 } Illinois oes © 1870 10,000, act

ij 2,400 61 & bonus Imperial Fire abe iii «| 500 50 0 0. 240 ae st ( 1870 1,000,006 = } | 7,500 12s Imperial Life ove eee o--| 100 10 0 0 163 | Kentucky * eee t 1868 4,200, — | | Hi 10,000 li 5s Law Life ove eee eco eee 100 10 oO O 51 | Louisiana ove Ble 1848 1,800 ‘ —

3,900 10s London, Fire “ 25 1210 0 153 | mad . 1843 se = | 31,000 10s London, Ship a 25 1210 0 154 at } 25,000 5 pcent (National Loan Fund 20 210 0 24 i = ) ae 7,000,000| Feb. and Aug.'80

j 5,600/82 pcent (National L ‘ seo 100 5 0 0 94 } aoe s | } 30,0005/ peent Palladium eo 50 2 0 0 21 2s | 1852) | f

1} 10,000 3/ pct&bns Phoenix eee eee 205 | Maryland... eee one . 5 1859 6,750,000) April and Oct. }

689,220.51 pcent Royal Exchange Sth sae a . eee 3 1555 3, 000,¢ Jan, and July | i — 64 Sun Fire ee one see ove 210 Massachusetts oes 5 1857 6,000,000/ Jan. and Jyly

4.000''2 6s Do. Life 19 | -= me Ster 5 1868 300,000, April and Oct. i

_=- | Michigan _ 6 1863 5,000,000' Jan. and July }

JOINT STOCK BANKS, 1850 ; ' i} = K . | Mississippi eee Sterling 5 18 at 5,000,000 May and Nov.|

j No. of Dividends . ‘ % Price os } Shares |per annun Friday evening. Shares Paid ne Is61 }

| { _—e ere : z pr share —_ 6 ) i see 2,006,000 Mar. and Sept. j } |= _——— — A SD ee 1871] |

- Ein — o * New York 5 = ) 13,124.27( Quarterly 864 | | 22 500 ¢ per ct Australasia 40 40 0 0 9 i } I eee eee eee 188s yh okie guar ray : |

| 20.600 4/ per ct British North Americar 50 5:0 0 Of} a — 5 1 aca 10,877,000 _ 90 } 1] 5000 6f per ct Ce n iaip oo — eos 25 5 00 a j 7 ' } { J i Jul | | ’ “ } < . 850 ,000,000 Jan. ar Jul }

8000 _ — County weyers 9 ter Bank 100 25 0 0 — | PEO wi i — on 1856 eee my i | — per ct Ce f London 100 °0 0 O a t _— 6 j 18 “4 6,000,000 “= |

{ 20,000 51 per ct Cc 100 9 0 0 = | \ vty " o a | 400 6l per ct aien 9: on | Pennsylvania a. ove eo 5 1854 37,090,000 Feb. and Au 70 i} 4000 % per ct Ionian eee 25 25 0 0 — | 1854 9 700 000 } |] 40,000 6/ per ct London and West ist on 100 20 0 0 ~- i ay . 1854 + anh ond se |

j 606,000 6/ per ct Lond int Stock 5 ( a3 | ae , ; mg E = j | . eaicioe ae nt Stock 50 10 0 0} if 135 South Ca NA ovo oes oe «=O 1866 ,000,000 Jan. and July

1} — _-_ — Metropolitan = a ons 25 710 0 — a 1868 3 000.00 : a { 1] 40.000 RZ per ct Provi: i] of Irelanc 100 2 0 0 Pennesse © i : oa ) . ~— 100 j

20,000 | 8/ per ct Ditto New 10 10 0 0 — Virgunis r ? 1862 Seren sg | I | 20,000 5/ per ct National of Ireland _ ~ 50 20 0 OO} en \ 18 { } } 10,000 | 5/ per ct National Provincial of England 100 35 0 0 354 — Sterling Bonds ove 1866 2,000,00 - | | i]

|] 10,000 per ct Ditto New 20 10 0 0 ae liscs J } |

| 10,000 —_-— Northamptonshire Union a 0 0 0 _ ial ila a 6 0.01 l. 21500 | — — Gloucestershire ... © * 50 10 0 0 = United States Bank Shares a otis ae -_ PF |

e x Vest of nelanc d Sout} Ap. ' }

} 21,383 5é per ct fv es : En and and South) 20 210 0 on ) Yebentures 6 } sal | *800,000' Avril and Oct. ' I ) 12 1 ( o I res ¢ ct | ( Wales District s ” P ee (iss2) ? ‘ | | 20,000 | 6 per ct Wi Its and _— ose oe 15 710 0 = Oct. '

20,000 _ — Un Aus ia eee eo 25 25 0 O — | Samer t . 10.000 Fa Dit Di oo ; : = Eee ale 6 ie Do. Do. at il £900,000 ie

60,000 per ct Union of Londc 5 i _ ; tne { ™ — _— oe - 9 ee Jankof Louisiana ow. ow. 8 | 1570 | 4,000,000 Jan. and July t

Stas (1860) | i : PRICES OF BULLION. | New York City ... oa wo S 185¢ 9,600,000 Quarterly 99

| Foreign Gold in bars, (standard wwe perounce£317 9 1851) } j Fore gn Gold in coin, Portugal pieces 316 5 New Orleans City cai a 1863 1,500,000 Jan. and July }

New Dollars sit 9 4 9 Camden & Amboy R. R. Bond 6 1864 £225,000 Feb. and Aug.

Silverin bars, (standard).. _— » © 28H] Exchange at New York 108}

| Iain iliac iamcca . ae eee et” — — — a = EUs a = =n - _ Ee ae oe v7 ee

steel tee

THE

Ratllway Nownfor OF THE ECONOMIST,

Of Vol. I

SATURDAY, FEBRUARY

CONTENTS. 7 Tas Raitway MoniTor:

Epitome of Railway Ne@ws ...c0 secccscsecsssesccecereceeseseecesecececenereseceses see ceseseces 277

Railway Meetings 78

Meetings of Pre jected Railways .. 280 Foreign Railway News ....c.sceseee 281

Premiers Rall WaySeesccscccvssssscveciccsesseponscccscoeccsceseese eveceseonsencnnessccs cnecessnceueese 281

Paris Railway Share Market Railway Market Summary The Gazette

Shipping > The Bankers’ Gazette ...cccccccesesccserevseesers cece The Monitor’s Railway Share List.........00.sscceesccensess Railway Bills before the present Session of Parhament ....... Advertisements .......+.

EPITOME OF

Tue Lynn and Ely, Ely and Huntingdon, and Lynn and Dere- ham Companies, all held their half-yearly {meetings on Thursday last; but there was nothing of interest in the business transacted. The reports of all the companies, which may in fact be considered one, having agreed to an amalgamation, and having the same directors, solicitor, and secretary, were adopted; 200/ per annum voted from each of the Companies as the salary of the secretary, and 600/ from each company to the directors for their past services. <A portion of the Lynn and Dereham line is to be opened in August next, and of the Lynn and Ely in Se ptember.

At the meeting of the Leeds and Bradford Company it was stated that the works are proceeding satisfactorily, and that the line is likely to be opened in July. The receipts up to the 31st of December last have been 323,309/, and the expenditure 311,556/, leaving a balance in hand of 11,7532. gamating with the Manchester and Leeds, and effecting a junc-

tion with the West Riding Union at Bradford, are not expected to meet with any serious opposition.

The works of the Blackburn and Preston are also proceeding very satisfactorily, and the line is expected to be opened in May next. ‘The Company agreed to the proposed amalgation with the East Lancashire Company, and to oppose several competing -lines in Parliament.

A special meeting of the Lancaster and Preston Company has just been held, to consider the propriety of amalgamating with the Lancaster and Carlisle, on the basis that 1} whole shares of 47/10s inthe Lancaster and Preston, should rank with one Lancaster and Carlisle share of 50/ paid ; 2 Lancaster and Preston

shares of 19/ paid, or 54 shares of 7/ 10s paid, to rank as one

Lancaster and Carlisle of 50/ paid, and equal dividends to be taken by both companies. By a previous arrangement with the Lan- caster and Carlisle Company the Lancaster and Preston were guaranteed a dividend of 5 per cent, with contingent advantages After some discussion it was resolved that the agreement entered into between the directors of the two companies for the alteration of the agreement between the companies should not be

RAILWAY NEWS.

2 ot

( confirmed.

'

&

junction, and the amalgamation with the

At the me veting of the Dundalk and Enniskillen Railway, it was stated that there were 51,302/ in hand available for the prosecution of the works. The progress that was anticipated has not been made, owing to the high valuations placed on their property by the landowners; but it is believed that in the course of next month the works will be in full operation.

At a special meeting of the Edinburgh and Northern Company, it was agreed to make several extensions and branches, which will be found enumerated in another column of our paper. ‘The meeting also approved of the lease of the Perth and Crieff, and East of Fife line, at 4 per cent; the agreement with the Strathearn

Leeson and Granton. The various contracts are to be completed by Whitsuntide 1847. The half-yearly meeting was held on the same day, when it appeared that there was a balance of 42,879! in hand, applicable to the prosecution of the works.

The Londonderry and Enniskillen line is making very satisfactory progress, and that portion between Londonderry and Stra- bane, on which a highly remunerative traffic is expected, will be opened in the course of next August. The portion of the works between Strabane and Enniskillen have been suspended, under che advice of Mr Robert Stevenson, to admit of an act being ob- ained for an amended line, by which 200,000/ will be saved to the

WEEKLY COMMERCIAL TIMES,

Vy,

The bills for amal-

ND BANKERS’ GAZETTE,

No. 131.

28, 18 6

company. 800/ per annum was voted to the directors, and 60/ to the auditors.

The second half-yearly meeting of the South Wales Railway Company was held on Wednesday. It appears from the reports the whole line has been re-surveyed, and that the result is an application to Parliament for authority to make several branches and deviations from the original line, which, it is calculated, will the same time improve the line, and give additional accommodation to the district. ‘Twoplans have been submitted to Parlia- ment for crossing the Severn—the one a bridge of larger span than that proposed last year, and the other a tunnel}, as proposed by Mr Walker, the engineer to the Admiralty. The receipts up to the present time have been 140,744/, and the expenditure 65,1541,

leaving a balance in hand of 75,5907. In the course of his observations on the prospects of the line, Mr Russell, the chairman, took occasion to refer to the late report of the gauge commissioners, the recommendations in which he designated as “ unfair, un- sound, violent, and impracticable,” and expressed his assurance that they never would be adopted by the government or the legislature, as it would be destructive of that competition which he contended had produced the increased speed and safety and reduced fares at present enjoyed on Railways.

The shareholders in the Metropolitan Junctions Railway Com- pany appear to be in earnest in their determination to bring their directors to account. The three weeks having expired during which the committee were to see what terms the directors would offer, without anything having been done, and the directors having published a report in which they repudiate the powers of the committee, and state that anything done by meetings of proprietors called by the committee will be null and void, the shareholders have appointed two committees—the one to take such steps as they may be advised, either in law or equity, against the directors; and the other to proceed immediately against them, if deemed necessary by the Attorney-Ge- neral, on a full statement of the facts being laid before him. In the course of the meeting Mr Kemp entered into an explanation of his share in the purchase of the letters of allotment, or what is called “rigging the market,” and declared that it was done with the view of supporting the company. With regard to not having paid his own deposit though he had signed the deeds, he states that the check was drawn, but he withheld it in consequence of finding a disposition to prevail to break up the company. The directors in their report state that they have replaced the deficiency caused by laying the sbares on the market.

The half-yearly meeting mouth was merely formal. the expenditure 20,704/.

The Scottish Central, and the North British Companies, have both held their meetings, but nothing worthy of special remark took place at either. ‘The latter line is expected to be opened in May next, and a portion of the former in September.

The Trent Valley line, or that portion not already held by other railway “companies, has been sold to the London and Birmingham Company, at, it is stated, 28/ per share, or 23/ premium,

The Eastern Union Company have held their half yearly meeting. The report states that works are making very satisfactory progress, and that the line will be ready for opening in May next. The report was adopted, and the directors authorised to lease the Harwich line, if they obtained their bill, to the Eastern Counties Company, at 4} per cent, and one-half of the surplus profits. The directors have taken an interest in the Hadleigh Railway, to the extent of 25,000/, so that the holder of two Eastern Union shares will be entitled to one share in the extension.

At the half-yearly meeting of the North Wales Company, it was stated that a deviation had been found necessary at Carnar-

of the Wilts, Somerset, and Wey- The receipts have been 75,066/, and

von, and also an alteration in the levelof the line at the point of junction with the Chester and Holyhead. That portion of the line between Bangor and Carnarvon is to be opened in July next.

The Caledonian eld their half-yearly meeting on Wednesday, when a report was presented, from which it appears that the

et

!

| '

278

works are making every satisfactory progress, though no time can yet be fixed for the opening. The receipts have been 402,784/, and the expenditure 195,142.

The Londonderry ‘and Coleraine held their meeting on the following day, and it appears that herealso the w orks are satisfactorily progressing. The expense of obtaining the act was only 6427/. The amount already received has been 54,90: 5/, and the expenditure 30,5561.

The annual meeting of the North Union Company was held on Thursday, and a dividend of 3/ declared on stock A, and 2/ on stock B, leaving a balance of 4,222/ in hand, to meet contingen- cies.

A deputation waited on the Board of Trade yesterday week from the iron masters of South Staffordshire, to present a memorial against the conversion of the Chester and Ellesmere and other canals into railways by the Shropshire Union Railway Company. The deputation urged that the Chester and E llesmere Canal was one of the great means of communication between the South Staffordshire iron district and the ports of Liverpool and Ellesmere, and that any interference with it would be prejudicial to the welfare of the district. They also urged the propriety, if a second line of railway were made, of its being in the hands of independent parties, in order to secure a fair amount of competition.

** Lord Dalhousie stated that he was fully possessed with the general facts conne red with the subject ; and that the Board of Trade did underrate its importance ; but that the general control of proceedings of this nature being with Parliament, it was t® this quarter principally the parties interested should direct their attention.”

The Birmingham and Dudley canal companies, at special meetings held on Saturday last, confirmed the bill tor amalgamating with the London and Birmingham Railway Company. A mistake having been made regarding the West Riding Union

Railway, relative to its being recommended that the standing orders should be dispensed with, when the exact contrary was meant by the Committee, it has been referred by the House of Commons back to them for reconsideration, and yesterday was again rejected.

not

The following bills HAVE PASsED the standing orders of the House of Lords :—Irish Great Western; Dublin and Enniskillen ; Londonderry and Enniskillen ; Galway and Kilkenny; Cork and Waterford ; Sligo and Shan- non; Larne, Belfast, and Ballymena ; Ballymena and Ballymoney ; Killarney Junction ; Great Southern and Western (Cork extension); Londonderry; Longford to Sligo (extension) ; Sligo and Shannon,

The following bills have been declared NoT to have complied with the standing orders of the House of Lords :—Great County Down; Wexford, Carlow, and Dublin; Midland Great Western, Mullingar to Galway.

The foliowing bills HAVE P:SSED the standing orders of the House of Commons :— Manchester, Huddersfield, and Great Grimsby ; Derby and

Grand Junction ; North Eastern (Ashford enlarge- ment); Chichester, Portsmouth, and Farcham ; London and Brighton, and London and Croydon amalgamation ; Gravesend and Rochester ; Tuff Vale; Ely and Bury ; Doncaster, Wakefield, and Leeds; Glasgow, Barrhead, and Neilston branches; Monmouthshire ; Monmouth and Hereford; Eastern Counties (Epping Extension); Eastern Union (Ardleigh to Colchester) ; Huddersfield and Sheffield, and Manchester and Leeds Amalgamation companies ; Liverpool and Birmingham, Manchester and Leeds ama!gamatien ; London and South Western acts amendments; Dover and Deal; Lowestoft and Beccles, standing orders not complied with ; Sheffield and Lincolnshire

extension, adjourned ; Grand Union; Ambergate, Nottingham, and Bosion ; Shropshire Union, Taff Vale.

The fol'ewing bills have been declared NoT to have passed the standing

Crewe junction ; Scottish

orders of the House of Commons :—Boston, Newark, and Sheftield : Wear

Dock Railway ; Doncaster, Wakefield, and Leeds; Welsh Midiand ; Grand trunk, Stafford’ and Peterborough; Boston, Newark, and Sheffield ; Not- tingham, Mansfield, and Midland junction ; Grand Union ; London and

Manchester, direct; Glasgow and Belfast Union; Wexford, Carlow, and Dublin junction ; London, Salisbury, and Yeovil Junction ; Glasgow, Pais- ley, and Greenock (bridge of Wear branch); Wexford aud Dublin junction ; Glasgow, Strathaven, and Lesmahagow; Glasgow Harbour Grand Junction terminus ; Chester and Manchester Direct ; West Riding Union,

The following Railway Bills have been Reap Aa SkEconD T1Mk in the House of Commons, committed, and referred to the Committee of Selection ral Termi-

nus and Glasgow Harbour; Aylesbury and Thame junction; Stirling and Dunferm- line ; Manchester, Buxton, Matlock, and Midlar North and South junction; Lon- don and Brighton (Dorking branch) ; Wit lough, and Staines; Mo!d junction ; Bristol a d South Wales junction ; St Helen’s Canal and Railway; Eastern Union;

:—Genm

dscr, S

Hadleigh junction; East and West Yorkshire junction; South Eastern (Tunbridge

Wells to Hastings and Rye,) (branch from Reigate to Dorking); Midland. Syston, and Peterborough (Deviation and branches,) (Rye to Rye harbour) ; Ayrshire and Port- Glasgow junctic mn Perth and Crieff direct; North Western ; London and Croydon (Thames junction); Glasgow, Dumfries, and Carlisle ; South Midland (Northampton

and Bedford, (Huntin, don bra ; Edinburgh and Northern (Pettycur and Perth Harbour enmabets and deviation,) (bra eae from the Dundee and Arbroath to the Tay Ferry,) (Kinross, Woodmill, ar ind Newburgh,) (N ortand St Andrews b a nch)

North British and Harwich branches (Carlisle i xtansio Gretna branch orf Extension (Dereham, Wells, and Blakeney branch); South Eastern conten one to Stroud, Canterbury to Dover, Chislet to Margate, Godstone to East Grinstead); Exeter Topsham, and Exmouth ; Glasgow aud Ayr amendment and branch, (Nos 1, 2, 3, and 4); London and Birmingham (Newport Pagnell branch); Slamannan and Borrow- stowness; Nelson and Coliness (improvements and branches Knowton branch;

Slamannan (Bathgate and Jawcraig branches); Exeter and Exmouth; West of Seot- land junction ; Cheltenham and Oxford; Lancashire and Yoikshire; Northern and Eastern ; York and North Midland (East Ricing branch, No 2); Great North of England purchase ; Great North of England Boroughbridge branch and Bedale branches; Blackburn, Preston, and Ea-t Lancashire; Armagh ; Cambridge and Oxford ; Malton and Driffield junction ; Leeds, Dewsbury. and Manchester (Wake- field Extension); Caledouian and Dumbartonshire; Edinburgh and Peeble Swan sea Vale; Glasgow Harbour Mineral; Carnwath and West Linton; Ballocliney (Shotts brare!)) ; Bridgwater and Minehead ; Ulverstone, Furness, and Lancaster and Carlisle; London, Hounslow. and Western; York and Carlisle; Hull and Selby purchase ; Monkland and Kirkintilloch (Chapelhall branch); Edinburgh and Glasgow (amendment and branches); London and South Western (Romsey and Redbridze) ; Ayrshire and Galloway ; Gioucester and Dean Forest; Leeds and Bradford junction (Oldham districts.)

The Standing Orders Committee have reported that the stand’ng orders ought to be dispensed w th in the following Railway Bills Deeside; Guildfor.!, Chichester, and

Portsmouth; Alford Valley; Great North of Scotland a n extension); East Lothian Central and Tyne Valley ; Semersetshire Mid and tichmond (Kew branch): Rugby and Leamington, and Warwick; Edinburgh and Northern (Dun- getmiine sec ): Airdrie and Bathgate juncti.n, on condition that they can prove that the amount paid by each subscriber was so paid previous to the presentation of

THE ECONOMIST'S [ Feb. 28, $$$ ee

the petition; and that the standing orders ought Nor to be dispensed with in the foilowing .—Glasgow and Ayr amendment and branches; West Riding Union, returned back to the Committee ; Sheffield and Manchester (Ashton canal purchase.)

RAILWAY MEETINGS.

Dunpatx anp EwnnisKitien.—The ordinary half-yearly meeting of this company was held at the office in Talbot street, Dublin, on Thursday, the 17th inst. J. N. Blake, Esq., was called to the chair, in consequence of the absence in Paris of the Earl of Roden, the chairman of the board of directors. The directors’ report, after setting forth some particulars respecting the previous meeting of the company, proceeded to observe that the estimate of the expense of the line originally made would not be exceeded. ‘The accounts had been made up to Dec. 31, 1845, and showed a balance in hand to that date of 44,082/ 12s 10d.

“ Since that date,” continues the report, first call has been paid on 765 shares, making a total of 10,098 shares on whi h that call has been paid, and the second call of 21 10s has been paid on ninety shares. There was altogether a sum of 51,302/ 15s now available for the prosecution of the works, which is daily increasing by the payment of arrears of the first call, and will shortly be considerably augmented by the payment of

the second call, due in March. With respect to the progress already made with the works, your directors cannot report as favourably as they had hoped at the meeting in August. Though considerable progress has been made in the neighbourhood of Dun-

dalk in levelling and fencing, the difficulty of procuring experienced valuators, the high value claimed by several proprietors for their property, the time required to ascertain the respective interests of landlord, lessee, and occupier, added to the necessary investigation of titles, as well as the desire to avoid the expense of inquisitions, have combined

to create an amount of delay in getting possession of the land required, which in August your directors had not anticipated. As, however, many of these impediinents have now been removed and agreements made with the proprietors for nearly the whole of the land on the first contract, and as there are but few proprietors on the second contract,

and the directors are now in treaty with them, and expect to obtain immediate possession of the land, they confidently anticipate that in the course of next month both portions of the line will be in a state of rapid progress.”

The report was adopted, 800/ per annum voted to the directors, and 250/ per annum to the secretary. The retiring directors were then re-elected, and the meeting separated.

LANCASTER AND Preston.—On Wednesday the 18th inst, a special meeting of the proprietors was held at Lancaster, Mr G. Burrow in the chair, to consider the proposed amalgamation with the Lancaster and Carlisle. ‘he report stated that—

‘*The directors had deemed it expedient to alter the terms originally proposed. The practical effect of such alterations would be, that whilst the proprietors retained as a minimum dividend the rent receivable from the Canal company for the remainder of their term, they had an immediate amalgamation with the Lancaster and Carlisle, and obtained an amount of their shares at par in proportion to the amount of paid up capital, as well as new (3d) shares in that company equal to the number of 501 shares they will be so entiticd to. joing, it was conceived, would be a bene- The foreg ficial arrangement for this company, and by referring to the price of the respective shares in the money market, the effect of this immediate amalgamation would raise the — of Lancaster and Preston stock about 7 or 8 per cent; whereas, the reverting back to the original contract would reduce the value of the sh ares 20 or 30 per cent. The amalgamation would entitle the shareholders in this company to the following proportions of Lancaster and Car'isle shares, viz. :—-One Lancaster and Carlisle share, 04 paid, for every one and one-third Lancaster and Preston (or three for four) whole shares of 47/105 paid. One Lancaster and Carlisle share, 50/ paid, for every two Lan- caster and Pr. ston three-quarter shares of 19/ paid. One Lancaster and Carlisle share, 50/ paid, for every five Lancaster and Preston quarter shares of 7/ 16s paid.’

A protracted discussion ensued, in the course of which it was contended that the proposal was ineligible. On the motion of Mr Higgin, seconded by Mr Kynastor, the amalgamation was not confirmed. WaTERFORD AND LimeRicK.—On Wednesday ~~ 18th, the first

half-yearly meeting was held at Waterford. Mr T. Meagher in the chair. The statement of receipts and expenditui A doo d the amount received to be 107,488/, and disbursed 23,114/; leaving a balance to

the credit of the company of 84,374/. ‘This statement was made up to the 3ist of December; since that period, however, various payments have been made, including 6,700/ for land, and 11,8472 for rails; and a considerable sum has been received upon the calls. Mr Vig- noles’ (the engineer) report stated that the operations for laying out and constructing the line were going on rapidly, and that Mr Dargan, the contractor, had promised to insure its completion from Limerick to Tipperary in the early part of next year. The directors were empowered to oppose that portion of the Waterford and Valentia line that runs parallel with the Waterford and Limerick.

EpINBURGH AND NortuHern.~-A special meeting of the company was held in Edinburgh, on ‘Thursday the 19th inst., J. Learmonth in the chair, when resolutions approving of bills for proposed extensions from Cupar to Newport, from the Dundee and Arbroath to Broughty, from Thornton to Duntermline, from Kirkaldy to Lochgelly, from Newburgh to the Scottish Central, and other points, were passed. The receipts, it appeared, had amounted to 83,6131, leaving, after expenditure, a balance of 42,879/. ‘The engineer’s report stated that in consequence of deviations resolved on, the original line, 414 miles, would be much reduced, and that the various contracts in operation would be completed by Whitsuntide 1847. The necessary rails and locomotives had been contracted for. On the motion of the Earl of Leven and Melville, resolutions were passed unanimously, approving of the lease of the Perth und Crieff and Kast of Fife lines at 4 per cent, of the agreement with the Strathearn junction, and of the amalgamation with the Leeson and Granton.

Dusiin anv Betrast Juncrion.—The second half-yearly meeting of the shareholders of this company was held on Saturday last, at the offices of the company, Talbot street, Dublin. ‘Lhe chair was taken by the Right Hon. the Earl of Claremont.

*« The secretary read the report and abstract of acc which it appeared that the directors contracted for adequate number of locomotives some time ago, as well as for a considerable portion of timber s'eepers required in the

formation of the railway; they have also entered into numerous agreements for the purchase of land, and have contracted for the construction of the works of 65 miles out

74 miles, which is the entire distance of the main and branch lines; the only works ot contracted for being a portion of the line, about eight miles in length, near Newry

and the Boyne contract, including the viacuct over the river at Drogheda. ‘To meet the nun and heavy engagements into which the, have entered, the directors made the first cali of 2/ 198, payable on 10th September last, and out of 18,671 shares issued, the call has been paid on 18,265 up to the 3ist January, to which period the accounts are made up. A further call of 5/ per share has been made for the same reasons, and wil be payable on the 20d of March next, On account of the second call the sum of 3,240/ has been already paid in, and is introduced into the present account.’

It appeared from the statement of accounts that the entire expenditure incurred in ob-

“the

yunts upto the 3lst January, from an

of

rerous

—————————— eee eee

taining the act of parliament, although a severe contest had to be encountered, and including engineering and surveying, law costs, parliamentary agents, counsel, witnesses, advertising, &c,, amounted to 15,3007; and if the sums received by the directors for interest on the government stock, and profit on shares which they disposed of for the benefit of the compxny, be deducted therefrom, amvuunting to 5,756/, the whole expenses of establishing the company and obtaining the act of parliament would be covered by a sum of 9,534/, The balance in cash and government stock was §2,268/ 158 6d. (fhe Right Hon. Mr Lucas, in moving the adoption of the report, said it would be extremely difficult in Great Britain, or anywhere else, to hear a report from the directors of any company so full and perfectly satisfactory as that which they had just heard (hear, hear).

Mr Law seconded the motion, which was carried. A _ resolution to the effect that a sum of 1,300/ be allotted as the salary of the di- | rectors from the time of ths act, was carried unanimously ; after |

which another resolution, fixing the salary of the secretary at 250/ | a-year, was adopted. 25/ a-year was passed for the auditing of the accounts. ‘The directors and auditors being re-elected the meeting separated.

LonDONDERRY AND CoLeratne.—The half-yearly meeting of this company was held in Church passage, Guildhall, on Thursday, Mr 8. Frith in the chair. The secretary read the report, which stated

“That the works, notwithstanding the unfavourable season of the year, have pro- gressed most satisfactorily, and are being actively pressed forward, That the direc ors had contracted for 2,500 tons of permanent rails, some of which have been delivered upon the works, and for three locomotive engines, one of which was also delivered.

At the tunne! the works go on night and day, the men relieving each other at intervals ;

the whole number of persons now employed at this part is about 470. Onthe Foyle embankment at Longfield and the Faughan river, the bank is completed to a height of about three feet above extraordinary spring tides, to the extent of nearly 700 yards in length ; at the former place the permanent rails are being laid for one-and-a-half miles orfthereabout. At the Faughan, the road is nearly completed from the commencement of the embankment tothe face of the cutting, with a temporary bridge over the Faughan. From the account it appeared that the expense of obtaining the act of incorporation was only 6,427/, that 30,554 had been expended in land and material ; and the money paid on account of calls being 51,905/, there was a balance of 17,921/in hand.”

The report was adopted, and the sum of 9007 was voted for the services of the directors, and 60/ given to the auditors.

CaLepontaN.—On Wednesday the half-yearly meeting of this company was held in the Royal hotel, Edinburgh. In the absence of Mr Hope Johnstone, M.P., the chair was taken by Mr John Houldsworth, Glasgow. The secretary, having read the advertise- ment calling the meeting, then read the report, of which the following is an abstract :—

“The contractors have been put in possession of upwards of two-thirds of the land

required for the line, including all the points where the works are heaviest. The Lan- caster and Carlisle railway will be completed and opened to the public in the course of the ensuing summer, and ajlarge additional supply of materials and of well-trained workmen will then be transferred from that undertaking to the Caledonian line. The shareholders may therefore rely upon the comp!etion and opening of the entire lines from

Carlisle to Edi irgh and Glasgow, and the north of Scotland, at the earliest date. In reference to the branches which were sanctioned at the special meeting held in Novem- ber last, the new stock isaned for the execution of those works was at once taken up and

subscribed for, and the deposit of ten per cent. paid sills for these branches are now it. The directors have considered it expedient to enter into arrange-

ments with the Caledonian Extension company, the Glasgow, Paisley, and Greenock

company, the Glasgow, Barrhead, and Neilston Direct company, the company promoting the extension of the last-mentioned line to Kilmarnock and Ardrossan, the Glasgow,

Strathaven, and Lesmahagow company, the Glasgow General terminus company, and the Grand Junction company. The directors have also arranged with the directors of the Lancaster and Carlisle railway for the acquisition of joint property, and the formation of a joint station at Carlisle. The Caledonian line will thus be brought into direct connection with the Grand Junction and London and Birmingham, and other great English lines, and the public will have a perfect guarantee that every facility will be given to the transit, both of passengers and goods, between London, Liverpool, Man- chester, and the whole southern and western districts of England on the one hand, and

Edinburgh and Glasgow, and the west and north of Scotland on the other. The account

of receipts and expenditure to 3lst December showed: receipts 402,784/, expenditure 195,142/, leaving a balance of 207,641/.”

Mr C. M. Parstow seconded the adoption of the report, which was carried unanimously, .Mr Patrick Maxwell Stuart, M.P., was elected a director,

Nortu Wares.—On Thursday the half-yearly meeting was held at the London tavern, Mr W. Bulkeley Hughes, M.P., in the chair. Mr J. Marriner, the secretary, read the report. It stated— J?

“That it had been found neeessary, since the passing of the act, to make a deviation at Carnarvon for the better accommodation of the inhabitants of that town, and also an alterativn in the level of this line at the point of junction with the Chester and Holyhead, at Bangor. Measures had been consequently adopted to obtain in the pre sent ses-ion the authority of parliament for this purpose. The whole of the line, as finally determined upon, had been surveyed, and a contract had been arranged with Messrs Jackson and Co. for the execution of the works between Bangor and Carnarvon,

which would ensure that portion of the line being opened in July next year. There was an available balance of 32,824/ 12s 1d.”

The directors, who retired from office by rotation, were re-elected, and Mr James Pyke and Mr Charles Hill were elected auditors for the ensuing year. Nortn Unron.—The annual general meeting was held on Thurs-

day at the Clarendon rooms, Liverpool. Mr Theodore W. Rathbone, the chairman of the board of directors, presided. The report was read by the secretary, Mr J. Chapman. It appeared that the pro- ceeds at the disposal of the directors for a dividend on the 3lst of December was 23,780/. The exact relative amounts now due to each stock from the entire dividends of the past year would require a sum of 19,557! 5s 11d, leaving a surplus of 4,222/ 17s to meet any possible claim or contingency, and which surplus, if not required for those objects which would be explained to the proprietors, would be added to future dividends. The directors proposed a dividend of 3/ per cent on stock A, and 2/ per cent on stock B, free of income tax, payable on the 7th of March. The report referred to the arrangement between the Grand Junction, the Manchester and Leeds, and the directors of the North Union company, that the bill now in the House of Commons for giving the authority of parliament to the agreement between the three companies, should retain the corporate capacity of the North Union company and the provisions of its act of incorporation for its future government. The directors considered the arrangement as one with which the proprictors ought to feel satisfied.

Scorrisn Cenrrat.—The half-ycarty meeting was held in Perth on Monday, and also a special general meeting for the purpose of considering the proposed agreement for an amalgamatioa between the Edinburgh and Glasgow Railway company and the proprietors | of the Forth and Clyde Navigation, and a similar agreement between

before parliam

RAILWAY MONITOR. -_

279

these two bodies and the proprietors of the Monkland Canal Navi- gation, in which objects the Scottish Central Railway company is interested under the agreement for an amalgamation of interest between them and the Edinburgh and Glasgow Railway company. Mr Moray, of Abercairney, having been called to the chair, stated that the affairs of the company were proceeding most favourably. The progress of the works had been most satisfactory, and they had | now the certain prospect of having that portion of the line south of Stirling open to the public in the spring of 1847. ‘The first call of 5/ |

per share, payable last November, had been generally responded to ; and it was now proposed to call up another 2/ 1% upon each share. Contracts for engines, tenders, and carriages, had been entered into. The chairman further noticed the progress of bills for the different branch railways to be in connection with the line, as also the various amalgamations the company had entered into, which he doubted not would be much to the advantage of the concern. The report was unanimously adopted.

Leeps anv Braprorp. —The half-yearly meeting of the proprietors in the above railway was held yesterday week at Leeds. In the absence of Mr Iludson, the chair was occupied by John Rand, Esq. The report stated that the bills for the amalgamation of this company with the Manchester and Leeds, and for effecting a junction with the West Riding Union at Bradford, were likely to meet with no serious opposition in parliament. With regard to the other measures the directors had under consideration, it was not at all probable that they would be proceeded with during the present session. The cash account showed a total expenditure, to the 3lst of December, 1844, of 311,556 4s 4d. The receipts from calls, &c., were 323,309/ 4s

5d, leaving a balance in the banker's hands of 11,7537 0s ld. Mr Rand then moved the adoption of the report and cash account. All the resolutions were passed unanimously; and after a vote of thanks to | the chairman, the meeting terminated.

BiackBurRN AND Preston.—The half-yearly meeting of this com- | pany was held at Blackburn on Thursday the 19th inst. It was announced that the directors saw no reason to doubt the completion of the line by May neat. The report was then passed. ‘Two of the | retiring directors and the auditor were re-elected. The directors were authorised to borrow the sum of 20,000/. A resolution in con- formity with the report, authorising the board to oppose the Preston and Wyre Extension, the Blackburn, Chorley, and Liverpool, and the Blackburn, Clitheroe, and North-Western Junction companies, was also passed. There was also a special meeting, at which the proposed |

|

amalgamation with the East Lancashire Railway company was carried with only four dissentients. Two branch lines were likewise authorised.

Wits, Somerset, aNp Weymoutu.—The first half yearly meet- | ing of the proprietors was held on Tuesday at Chippenham, Sir John | Awdry in the chair. The report stated that extensions and devia- | tions of the original line would involve a cost of 240,000/. The works | were now in progress both on the northern and southern divisions, | The report expressed surprise at the decision of the gauge commis- | sioners, but intimated that every exertion would be used by the direc- | tors to promote the interests of the shareholders, and of the districts | through which the line would run. After payment of expenses, a balance of 54,362! remains in hand. The engineering expenses, prior to the act being obtained, were 10,830 ; ditto since the act was obtained, 3,000/. ‘The report was unanimously adopted, and the retiring directors and auditor re-elected.

LONDONDERRY AND ENNISKILLEN.—On Wednesday, the half- yearly meeting of the company was held at the offices in Church passage, Guildhall, Mr. G. Frith presiding. The Chairman announced that the works were in a forward state, and before the next half- yearly meeting, the whole of the line would be in active operation. All the sleepers, rails, and other necessaries were already contracted for, and a great portion of those required for the road, yet unfinished, were already on the ground. ‘The engines were now in possession of the company. ‘The directors feeling the claim of Sir John M‘Neill exorbitant, had offered a certain sum, which was rejected ; they had then proposed to leave the matter to arbitration. Neither of these propositions being entertained, the directors had no alternative than

R. Ferguson, an annual vote of 8007 was granted the directors, and 602 to the auditors. On the motion ef Sir G. Stephens, Sir J. R. Campbell was elected a director. Afrer which the meeting separated.

Epinnurcu anp Giascow.—On Tuesday the half-yearly meeting of this company was held in Glasgow, Mr J. J. Learmouth in the chair.

The report pointed to the progressive development of the resources of the line—the receipts being more than 12,000/ above those of the corresponding period of last year. The increase of traffic has been attended, to a certain extent, by an increased expenditure in some departments of the working expenses. But this is not more, when taken in conjunction with the rise on the price and freights of coal, on salaries and wages, iron and other articles, than might fairly have been expected. The receipts for the half year, after deduction of the cost of delivering goods are 73,273/, and the expenses

33,900/, leaving, with a balance at credit of last acccount, of 1,455/, 40,825/. Of this sum the directors propose to set aside for a dividend 37,968/ 15s, free from deduction of income tax, being at the rate of 30s per share on the original 50/ stock ; of 7s 6d on the old quarter shares; and of 3s 9d on the sum of 7/ 10s per share on the new quarters, being the amount paid up at 3lst January; or at the rate of six per cent per annum on the whole stock, payable on Tuesday, 14th March next; and that, after paying 1,107¢ 8s 6 of income tax, the balance of 1,7419/ 2s 3d be carried to the credit of the next account. The progress which has been made in the works of the extension to the North Bridge, is such as to enable the directors to speak with confidence of the completion and opening of the line early in the ensuing summer ; and it is understood that the North British Railway will also be opened throughout at the same period, a considerable addition to the traffic may be looked forward to. The directurs have already entered into arrangements with the North British company, by which the carriages will pass reciprocally over the two lines, and the utmost facilities be given for forwarding the traffic. As authorised by the proprietors, the directors have contracted for the formation of the Shield}:ill branch on favourable terms; and they are also immediately about to commence the branch to Campsie. In the report which was presented to the special general meeting of proprietors last November, the directors stated the terms of

united the amalgamation with the Scottish Central company. Since that date the

|

to defend the action which Sir J. M‘Neill had brought against them, and he had great pleasure in stating that the verdict had givena much less sum to that gentleman than the company had at first offered to him. On the motion of Mr Vardebrett, seconded by Sir

a

eee

st

| shareholders on their entry, complained

eS

280 THE ECONOMIST'S boards of the two companies have been very laboriously engaged, in consequence of the extraordinary number of projected schemes affecting the interests of both lines; and in all their intercourse, the directors have great pleasure in | saying that the utmost | harmony has prevailed. The directors of the Forth and Clyde Canal have | the arrangement immediately to be referred to, taken part in 1 the deliber united boards. The arbiters appointed to arrange the terms of amalgamation this company and the three united Monkland Mineral lir have | award, in which they find the value of the respective stocks to be, ] last, as follows:—Edinburgh and Glasgow 5002; Monkls To complete the amalgamation, the Monkland stock is to be and Glasgow shares. The long pending negociation with the

also, since

ations of the

between

pronounced their on the 3lst December

ind Mineral lines 304,500. converted into 1 ee canal companies has nc

es,

1,687,

been brought to a conclusion. The rates for the conveyance of goods, both by ri ila Ly and canal, have, after much careful consideration, been adjusted on a scale which has x | met the entire approval of the arbiters, as being fair and reasonable to the iblic, and | which it is hoped may be moderately remuncrative to the proprietors. Ayreecably to the authority conferred upon the directors, they have modified the agreement entered into with the Edinburgh and Bathgate railway company. The line and branches have been extended and greatly improved ithe capital raised to 250,000/. As the Edinburgh | and Glasgow company guarantee four per cent on this amount with half profits, your | directors have stipulated that 120,000/ of the stock shall be held by this company. The favourable nature of the traffic was formerly pointed out. |

Atter some discussion, resolutions adopting the report and the recommendations contained in it were adopted ; and after disposal in the usual manner of Sir Andrew Agnew’s semi-annual motion against Sunday travelling, the proceedings closed.

holders was held on ‘Tuesday at the London tavern, to receive a report from the committee of shareholders on the result of their | negotiations with the directors since the meeting held on the 2nd |

{

MeErropotitan Junction.—The adjourned meeting of the shar€- |

of February. <A report of the directors, which was handed to the

**That the report presented by the com tee of shareholders to the last me r was ‘a mass of misrepresentations.’ It stated th at with respect to the quest wa- mation with the Northern and Southern, the directors were in communication with that company at the time when Mr Jones declared negotiation at an end. It denies the | statement there made, that 10,000 shares were reserved for the promoters, and defends | the buying and selling of shares before the final payment of deposits on the ground of | its expediency, stating at the same time that the directors had no pecuniary gain from | it. It also denies that 12,8214 were expended by the directors in the purchase of shares | and allotment letters, and states the sum to be 3,136/ (exclusive of premium and of }

brokerage), and to have been since made good. The register book it also declares to have been carefully and correctly kept.” |

Mr Jones was procee ding to read the report of the committee, when Mr Kemp, one of the dire ‘ctors, addressed the meeting in defence of his own conduct, saying, with reference to the buying of shares, that | it was a universal practice. He denied, however, having derived any pecuniary advantage from his connexion with the company. Mr Jones then read the re port of the committee, which states

“That the negociations were begun with the directors in consequence of a letter received from them at the last mee ting which had proved, as anticipated, a mere ruse. rhe directors had wished the committ give up vouchers which they held, but they

t it best - the interest of the shareholders to retain them. They had | pplied directors to giv > ap dox iments necessary for a knowledge of the affairs |

of the company, but they hea not done so. Three weeks the committee waited, but | finding that nothing could be obtained, they had closed the proceedings by a letter on Monday, acc using them of increased treachery In conclusion, the report strong) recommends the adoption of measures ag mentions that a rumour had 1e comn had, the last meeting », eee ayi money to engi

The chairman moved the adoption of the report, which was seconded by Mr Gilbertson, and carried unanimously. Mr Seccombe then

nst the dire« knowledge of th

more

tors, Cl y ar ittee t come to the

since neers and solicit

moved a resolution, declaring that the report of the directors, having | no signature, is considered a mere subterfuge, and quite in accord. | ance with their previous proceedings. This motion was seconded by Mr Payne, and carried. Two committees were then appointed ; the first, to take such steps in law or equity as they may be advised, con- | sists of the following members :—Messrs Jones, Payne, Coventry, and Miles; and the second, to take such criminal steps against the directors as, in the opinion of the law officers of the Crown, may be legally necessary, consists of Messrs Jones, Miles, and Landon. <A resolution was also passed, by which the shareholders agree to pay the sum of 2s 6d per share towards the e xpenses.

Lynn anp Ery—The half-yearly meeting of the sh: ee lers in this company was held at the ‘London tavern on Thursday, Sir W. B. Folkes in the chair. The directors’ report states that—

“* Arrangements have been made for the purchase of nearly all the land required for the first contract. The iron rails, s, and sleepers, for the whole of the line and bran , have been purchased, and are in course of delivery at Lynn. The consequent

outlay has entailed upon the directors the necessity of making a second call of 5 per share on the proprietors. The bills for « ising the extension lines, sanctioned at the special general meeting of shareholders, held on the 3ist of December last, lave been presented to parliament, and are now before the Standing Orders’ Committee of he House of Commons. The bill for amalgamating this « pany with the Lynn and Dereham, and Ely and Huntingdon railway ¢ \mpanies, has also been introduced into the House of Commons. As, however, the amalgamation was not agreed upon until the Slst of December last, the parliamentary notices for the bill could not be given until after the time prescribed by the standing orders had expired. Th inding Orders’ Committee have there é arily reported to the house this non-com ince with their regulations, but there is every reason to hope that, as the ball ef cts no interests but those of the proprietors in the respective companies, the select committee, to w the bill has been referred, will recommend that the standing orders be this case dispensed with.”

The receipts up to this time have been 58,621/ 3s, and the « oS nditure

44.489! lds 7d, leaving a balance in hand of 14,131/ 8s 5d. The engineer’s report says that—

*The whole of the mair and the branch tothe harbour at Lynn, are staked out,

and the levels for the contract sections taken. ssury plans for the purchase of the lands required for the first contract are als leted. The contract for the por tion of the line from Lynn to Denver (bein f twelve and a half miles ind for the harbour branch, is let to Mr William npson for a sum under my estimate, and the works will be completed by of August; and the contract for

the remainder of the line will be ready for let or the Bedford Level Cory ration have given their sanction to the plans for crossing the rivers and drains with their jurisdic =

fhe report was unanimously adopted—the retiring directors and auditor re-elected—200/ a year voted to the secretary for hig past

and

Thanks were then voted

services—4(/ (exclusive of travelling expenses) to the auditors 6007 to the directors for their past servic:

to the chairman, and the meeting separated

Ly Derenam.—At the close of above meeting, th shar of this company assembled in the same room, H. ¢ Lacy, Esq. in the chair, when a report was presented from the directors, precisely similar to that ef the Lynn and Ely company. ‘The statement of account shows that there has been received 48,836/ 13s, and expended 27,429/ 10s 5d, leavi hand of 21,407/

Se

NN AND the

holder 5

ng a balance

2s 7d. The engineer's report to this company is nation to that t to the former, with the exception that it states that “ the contract for the portion of the line from Lynn to Narboro’ (being a distance of | aro miles) is let to Mr James Walker for a sum under my estimate, and the works will be completed by the end of August.” The report and same resolutions were adopted as in the foregoing meeting, with the exception that Mr Self was elected an auditor in the room of Mr Whitley, resigned.

Evy axnp Huntincpox.—A third meeting of the proprietors in this company was then held, the same gentleman presiding, when >?

the directors’ _ wrt was read, from which it appears that— ” e iron rai hairs, and sleepers, for the whole of the line have been purchased, |

‘ are in course of delivery at Lynn. After mentioning the extensien and amalgamation bill in the same tone as in the Lynn and Ely, the report states that interest on the deposit and call, at the rate of 3/ 10s per cent per annum, will be paid forthwith to the

proprietors whose names stand this day on the company’s register.”

The accounts show that the receipts have been 43,204/ 193 1d, and the expenditure 25,597! 0s 6d, leaving a balance in hand of 17,607/ 18s 7d. The engineer’s report was then read, from which it appears that—

* The railway, about one mile from the Ely station of the Eastern Counties railway

to Huntingdon, is staked out, and the plans of the property to be. hased, with the exception of a portion in the neighbourhood of the Old West Ri ind the River Ouse

at Overcote, are in the hands of the solicitors rhe reason wir the plans of f the pro-

perty in the parts just referred to have not been furnished is, that by t Act of Parlia- ment the railway company cannot proceed to execute the work until the conse nt of the

corporation of the Bedford level is first obtained to the mode of © and the quantity of land depends upon their decision. The designs an various works upon the line, including the stations, are in a very ad there is nothing to prevent the contracts being advertised, but the c¢ poration of the Be dford level before mentioned, not being yet received, b pected on Wednesday next. By an amended section of the line, approve of Trade, 200,000 cublic

The report was adopted, the retiring directors and auditor re-elected, and the same salaries voted as at the two previous meetings.

SoutH Wates.—The second half-yearly meeting of this compan was held on Wednesday at the Great Western station, Pad Geneon, Mr Charles Russell, M.P., inthe chair. The chairman having opened the business, and commented on the late report of the Gauge Com- missioners, which he maintained the legislature would never support, the secretary read the report, which states that

yards of earthwork is saved.”

‘The _— e of the line has been carefully reconsidered for the purpose of introducing into the hich was rendered necessary for the completion of the line, such altera-

tions, cmuaietente and extensions, as might appear to be desirable. ‘The result has been the preparation of the necessary plans, and the application to par] nt fora branch of about five miles in length, to the town of Haverford t a short but important branch into the town, and to the quays of Swansea ; and for two alterations in the main line of about twelve to thirteen miles each in length, as well as two of much

less extent, The new line will pass throu gh, and be connected with, a considerable coal-field, which is about to be extensivel ly worked, and supplied w improved rail-

way communbik

upon th posed.

t so fay

ition in connection with our main is new line are hea

ine, as now p

vier than upon the old, and the gradients 1 yurable ; but it is the opinion of your directors and of the engineer that the increased traffic, the diminished distance, and the avoiding of the sands, more than counterbalance any dis-

advantage, and that the deviation is important to your interests In coming before parliament again for the eastern portion of the line, which had been dropped last year Pi

of the Severn

int origi and

ittee « in the comn f the House of Commons, the subject of the crossi: has been carefully reconsidered. The importance of this crossing near ) I nally proposed has appeared to your rs and to yourengineeru direct« liminished ;

he has accordingly prepared parliamentary plans of two modes by which it may be accomplished—tl ne by a bridge of larger dimensions than that proposed last year, | and the other by a tunnel as suggested by Mr Walker, the engineer, in his report to the Admiralty ; but in the present state of the question, they think it lesir to say more upon the subject. Connected with this portion of the line are » several pro

posed branches in the forest of Dean—the extent to which these may be carried out | must depend upon the arrangements that may be practicable with the existing interests connected with the colliery railways on the west side of the forest, which arrangements your directors would wish to effect on fair and liberal terms. To the east and west of Swanst a, and thence to Neath, as well as east and west of Newport, contracts have

een advertised, and tenders will be received on the llth of Marcl ind contracts for other parts of the line will immediately follow. Previously totheS h Wales’ Amend-

it bill of this se n being introduced into the House of I it will be necessary pursuant to the standing orders of that house) to convene a special meeting of the

proprietors, for the purpose of approving the draft bill.”

The statement of accounts shows that there has been received

140,744/, and expended 65,154/, leaving an available balance in hand ot The report was unanimously adopted, and the retirin

directors re-elected, after which the meeting separated.

or 75,5901, 5

MEETINGS OF PROJECTED RAILW AYS. Direct Lonpon anp Exerer.—A meeting of the shareholders of

this company was held on Monday at the London Tavern, the report of the committee of management, Sir Bruce Chichester, Dr Phillimore, and Mr Chambers, and to decide on the ceedings of the company. Sir Bruce Chichester having taken the

chair, read the resolutions passed at the meeting of the 15th of De- cember, appointing the committee, and prefaced the reading of the report by a few vations. in which he said that they had found, on their appointme to dislodge

quested them to co-operate,

=—

the ol ” committee, in consequence of and the ‘y had agreed,

which they had re- In investigating

Che works |

to receive |

future pro- |

, that the deed gave the shareholders no power |

the accounts, many new charges had come before them ; but whereas the last balance in their favour was 412/, it was now 1,810/. Mr Tyer- man, the solicitor, then read the report, a document of c¢ nsiderable || leneth. It st ited— |

| s so 1 twith 1 atteu » ar that t n i committee |

i i pi i es ] li i- |

< l ] ! A} ng |

t s ( y pr ‘ Mr Columbine, tl By the

n of ur Ss Ac ere s itiny, the « im el ft s ing |

of 2 Phe only clain on to Mr Col bine’s) now unse ure ub- |

ns i ine Mr By f ) in |

1 to 8,105 \ t him d 1 , ( } * +) y em hyy Mr it ite 0 } i

t 1.6007, wl s included in t wtion brought by t ( Y i these

the says the report) cam | re , as the that | | a ly 1 170 it ( ) m nus

rhe 1 t st t it is probabie that inste Mr Braitl | more 1 v, hey i to refu ind enters into a complai ‘ pla which it

( Sus I 11 I ‘ ire imination the li Ih ment of I ts and pa nts to the 23rd of Febru vas as follows Del Po deposi on 23,495 shares at IZ 7s €d, 32,3052, inter ceived of Union Bank of London, IJ. } Total, 32,307 Creditor: By cash pid, ¢ Claims Mr Braithwaite claim

5 sundries at present unasce 00/; Mr ¢ b I 6,033¢

—

| > 1846.]

On the motion that the report be received and reported, Mr Vallance, jun., in proposing an amendment recommending the breaking up of the company, reprehended the management of the committee, by which Sir Bruce Chichester had been brought forward to state, on the 15th of December, that there was only a balance of 410/, while he had in his pocket Exchequer bills to the amount of 10,000/. He likewise complained of the deed having been signed at the wrong time, which rendered it invalid, and moved that the balance be immediately returned, without prejudice to the future recovery of sums already paid, which, he stated, the dicta of judges now on the bench entitled the shareholders to expect. Mr Colombine, formerly solicitor to the company, then addressed the meeting at length, in reply to certain observations in the report, and also brought charges against the committee, saying that Sir Bruce Chichester had signed a cheque for 1,500/, to enable the former finance committee to make up their defalcations on the stock exchange. The chairman, in reply, refuted the assertion of Mr Vallance, respecting the Exchequer bills, by producing reccipts showing the money to have been paid into banker's hands the day before the meeting at which it was stated to have been in his pockets. Of the check for 1,500/, he stated that he had signed it to pay stock-brokers for shares. He had done so in consequence of strong representations that it wes necessary to the welfare of the company. If he had done wrong, he had done so unintentionally, and would stand the consequences. After avery long and noisy discussion, o resolution favourable to the managing committee past, and three groans giveu for Mr Colombine, the meeting broke up.

FOREIGN RAILWAY NEWS.

BELGIUM. There is no railway news. ‘The criminal prosecution against

Messrs de Ridder and Borquet is still carried on; the case is examined into with great care; witnesses are examined daily on the particulars of the charge. It is reported that an inquiry is to be made in England concerning the price paid for locomotive engines ; for the object of the prosecution is nothing less than to ascertain all frauds committed on occasion of the construction of the Belgian railways.

The Estre-Sambre and Meuse and the Flanders railway companies have commenced an action against their engineer, Mr Hender- son. ‘The defendant has to answer the charge of a great indelicacy.

GERMANY.

The Bavarian line from Bamberg to Lichtenfels, was opened for traffic on the 16th inst.

FRENCH RAILWAYS. (From our own Correspondent.)

Paris, February 25, 1845. All is over for the share jobbers of our Coulisse. The official

stock brokers have triumphed over them, and now it is strictly for- bidden to any one to deal in securities, as interfering between sellers and buyers, unless he is an agent de change. ‘That interdiction is derived from the judgment which has been given on Friday last by the police correctionnelle against the courtiers marrons, or share jobbers, because they had interfered with the functions of share brokers. M. Bourgoin and M. Lejolivet have been condemned to pay a fine of 10,500fr, and M. Lefort to the same fine. The three agents de change of Paris have been acquitted. M. Lemaexon and M. Leclere, agents de change of Havre, have been condemned to a fine 1,500fr each, and M. Bautier, of Rouen, to a fine of 3,000fr and to be dismissed from his office. But every one believes that he will be discharged from this last severe punishment.

As the share jobbers’ condemnation has not been founded upon the bargains in scrips and railway eventualities, but upon their dealings in every sort of shares and securities which is considered as interfering with the functions of stock brokers, they cannot continue their affairs without incurring heavy tines, and several of them have already discontinued their business. Every one believes that the Minister of Justice intends to make domiciliary searches at all the other Coulissees. In such a critical position, it is almost impossible to make bargains in scrips and definitives, and the quotations of the Lyons definitives are always at the same price, and without much doing.

The shareholders of the Rouen and Havre railway company have again been terrified by an article which has been published in the Patrie. This article ran in the following words :—

“MM. Frissart’s report on the situation of the works of the Iavre railway has been lodged with the Ministry of Public Works for more than a fortnight, and yet it has not been published. A well-informed correspondent states that the conclusions of the report run as follow :—* Most part of the works of art shall be demolished and built again; another part shall undergo considerable consolidating works ; all the works of arts, earthworks, &c., shall be put to trial, and it is doubtful if they will stand the test. The company is to be summoned to submit forthwith to the Government all the plans which will be made requisite by these works of rebuilding, consolidating, and by these trials.’ However, a newspaper has said that the report was favourable to the works.”

It is not extraordinary to find that the report has not yet been published. That delay is due to the Conseil des Ponts et Chaussees, to whom the examination of the report has been entrusted, and every one knows that the oflicial body follows exactly the old common saying Jestina lente. Iowever, it is quite certain that the Havre railway company would have been advised of the result of M. Frissart investigation, had it been favourable to the railway, and in that case they would have been published in all the newspapers. ‘The silence of the company is a bad omen, though the Journal des Chemins de Fer, in its last number, endeavoured to cheer up the shareholders of

sarees epee minibetnomememn

AILWAY MONITOR. 281

that company. It stated that they were actively engaged in clearing the place of Barentin viaduct, that the plans for the rebuilding with wooden arches had been lodged in the office of the Ponts et Chaussees, that if these plans are approved and returned to the company at the end of March, two months will suffice to rebuild the viaduct, so that the line might be opened to the public towards August next.

‘his article of the Journal des Chemins de Fer, has not been able to balance the effect of the article of La Patrie, because the public knows that M. Delamerre (Martin Didier) is the patron of this last newspaper, and as a banker he may be well acquainted with the truth.

The shares of that company, which had risen from 752fr 50c to 760fr, have receded to 738fr 75c, and there is always a tendency to sell.

‘The shares of Orleans and St. Germain are in a good position, because it is generally believed that they will declare a high dividend in their first half-yearly meeting. St. Germain has risen from 1130fr to 1157fr 50c, and Orleans from 1327fr 50c to 1330fr.

The northern shares are lulled between 775fr and 780fr, and their variations are very limited. Many shareholders, who bought their titles from 750fr to 850fr at the moment of the adjudication, are waiting for their purchase prices in order to re-sell them without a loss. That is the reason of the heaviness of these shares.

All the othe railway shares are inclining to a rise, but without any important variations. Their prices are continually checked by the unfavourable news from Algiers.

‘The Chamber of Commerce of Bordeaux have given their opinion in favour of the Paris and Bordeaux Railway terminus being established inside the walls of their city. We have as yet no positive information about the adjudication of

the Lyons and Avignon railway. The Ponts et Chaussees are to make their final decision about the Grenoble branch before the end of this week, and the advice for adjudicating the line will probably be published in the first week of March. The Minister of Public Works has abandoned his project of directly granting this line instead of adjudicating it. Many reports are afloat about the amalgamation of the principal

companies formed for this railway. But nothing has been decided until now. Besides, every one knows that amalgamations are ordi- narily entered into by companies on the very eve of the adjudica- tions. It is true that three companies (‘Talabot’s, Lecointe’s, and the the Southern) have already discussed the basis of a fusion; but it is probable that the conditions, which have been almost agreed upon, will be altered by the admission of all the other companies. We

paring a magnificent railway carriage, with a hope that her Majesty Queen Victoria during her next stay in France will honour it with her presence. It is confidently reported in all our well-informed circles, that the Queen of England has recently renewed her promise to grace the court of France with a visit.

The general half-yearly meetings of the Paris and Orleans, and of the Paris and St Germains are convoked for next month. It is confidently stated that both concerns will return a very favourable dividend. That report has already had a good influence upon the quotation of their shares, which are continually improving. Indeed, their receipts have always been progressing for the whole half-year last, and their prospects are very cheering.

There is a new company in the field for the Caen railway. They are represented by M. Bouche, and they adopt their route through Seez, Argentan, Mezidon, and Caen, with branches from Mezidon to Lisieux, Bernay, Brionne.

Lathitte’s and Letellier’s companies for the same line have completed their arrangement for their amalgamation. ‘The new railway company intends to connect the Paris and Caen railway with the Paris and Rouen line at Bonnieres station, and it would pass through Evreux, Bernay, Lisieux,and Caen. At Serquigny a branch through Brionne and Pont au Thor would connect the line with the Paris and Rouen railway, between Elbeuf and Louviers.

We learn from Madrid that the works of the Madrid and Valencia railway are to begin at the end of the present month.

As we are finishing our letter, we understand that the directors of the Paris and Rouen and the Rouen and Havre railway companies, have been convoked at the Ministry of the Public Works, in order to take cognizance of Mr Frissart’s report, aud of the views of this engineer about the true causes of the falling down of the Barentin viaduct. It appears that the Minister of Public Works does not intend to publish Mr Frissart’s report.

ee er ae ee ee

PARIS RAILWAY SHARE MARKET. (2 om our own Correspondent.)

Paris, Feb. 25. Har-past Four.— Our stock and share markets were improving on every

description of securities, owing to a great abundance of money, and to the

general feeling which prevailed that the secret money service bill wou! 1 be carried in the Chamber of Deputies by a large majority.

The 8 per cents has improved to 84fr 90e 5 the 5 per cents was not quite so buoyant, because the parliamentary debates on the motion of M. de St. Priest, about the conversion, are approaching. They will take place on the 28th instant ; however, the price was steady at 123fr 35c.

Tie bad news from Algiers have stopped the progressive tendency of the Bank of France ; the shares have receded from 3,490fr to 3,455fr; they are now rallying to 3470fr. It seems that the establishment of a ir at Algiers is postponed until the end of the present hostilities.

fhe Havre shares are continually rising in spite of all the disheartening news which is daily spread throughout the press. It is quite certain that both companies of Paris and Rouen, and of Rouen and Havre, are buyers of a large quantity,of these shares. They’ were buyers to-day at 755. Or- leans has r'sen to 1,340fr; Rouen to 1062'r 50e; Avienon and Murseilles to 1,020fr; Vierzon to 745fr; St Germain to 1157/r 50¢; Versailles (L. B.) to 370lfr; the right bank to 580; Tours and Nantes to 592fr 50 Paiis and Strasburg to 555fr.

The Lyons definitives were at from 631fr 25¢ to 632fr 50c.

understand that the St Germain’s railway company is pre- |

EG ne EES

ue ee

dee oat eh

the a

|

)

—

RAILWAY MARKET SUMMARY.

BELFAST, Monday, Feb. 23. In Belfast, some Ulster Rails have been changing hands at our quota-

tions. Holywoods were sold by auction, on Saturday, at 15s per share, and | all offered met purchasers at that figure. } LEEDS. Friday, Feb. 26.

We have no change in the ordinary state of things here; the prevailing indisposition to operate continues, as might be expected, to lower prices; the same stagnation prevails in every branch of trade and commerce, and is aggravated if not caused entirely by the protracted discussion in the commons upon Sir Robert Peel’s measures. Until a satisfactory decision is come to in this matter, and the deposit money again afloat, it will be in vain to expect anyamendment. The principal feature in our market has been the fluctuations in the price of West Riding unions, which have varied from 34 to 54, caused by the unprecedented mistake made by the Standing Orders Committee .The matteris now finally referred back to the Select Committee, and we are inclined to think with improved prospects; yesterday they they were at at 3} per share, to-day 4} is the ruling figure.

Monpay, Feb. 23.—The transactions in railway shares are, if possible, more limited than last week, and the quotations have, in consequence, rather drooped. Edinburgh and Glasgow, 70 to 5; Eastern Counties, 214 to 2; Great North of England, 215 to 20 ex div; Great Western, 65 to 8 prem; London and Birmingham, 221 to 3 ex div per share ; London and Blackwell,

London and Brighton, 65 to 4 ex div; London and Croydon, 22 to 3; London and Greenwich, 9 to 10 ex div; London and outh Western, 76 to 8; Manchester aud Leeds, 48s to 528 prem; Manchester and Birmingham, 77 to 9; Midland Stock, 145 to 8; London and York scrip, 14 to 2 prem; Trent Valley, 21 to 4 prem; Paris and Lyons, 44 to 5 prem; Paris and Orleans, 50 to 1 per share; Paris and Rouen, 40 to 1 per share.

Wepnespay, Feb. 25.—The share market remains quite languid, with very little business dving. Edinburgh and Glasgow, 70 to 5; Eastern Counties, 214 to 2; Great North of England, 215 to 20; Great Western, 148 to 50; London and Birmingham, 221 to 3; London and Blackwall, 84 to 9; London and Brighton; 65 to 4; London and Croydon, 219 to 2}, London and Greenwich, 9 to 10 ex div; London and South Western, 77 to 9; Manchester and Leeds, 48 to 52 prem; Manchester and Birmingham, 77 to 9; Midland Stock, 144 to 7; Northern and Eastern, 70 to 2; South Eastern and Dover, 373 to 83; York and North Midland, 95 to 100 ; Direct

Northern scrip, } dis to par; London and York scrip, 1 to } prem; Trent Valley, 203 to 13; Rouen and Havre, 83 to 9} prem; Tours and Nantes, 3 to # prem; Great Northern of France, constituted, 104 to 3 prem.

Fripay, Feb. 27.—Ths share market continues dull, and there is no change in the prices worthy of note. Birmingham and Gloucester, 124; Eastern Counties, 22; Great Western, 152; Hull and Selby, 103}; South Western, 753; Midland, 146; York and North Midland, 100; Paris and Rouen, 413; Rouen and Havre, 30; Great Northern of France, 153.

|

|

LONDON.

= ———S SS

CALLS FOR FEBRUARY. Amount

No. of of call Feb. Name of Company. shares, per share, Total.

Be d. £ 2, Aberdeen .... overesccnces cos cosccecescccscesosccesococs _ 200 _

Edinburgh and Glasgow, 4 shares ........-sseeceees 18,000 210 0 45,000 Glasgow, Paisley, Kilmarnock, and Ayr, }4

shares.. oeecee _ 710 0 — Midland Great Western of Ireland.. 15,000 5 0 0 75,000

London and Brighton, shares created on the 7th August eats — 10 0 6 —_—

5, London and South Western, new £50 46,200 5 0 0 231,000

— — — new £40 46,200 400 184,800

7, Waterford and Kilkenny 12,500 210 0 31,250 10, Ipswich and Bury St Edmunds so 210 0 _- 16, Grand Junction, £40 shares..........00.-.sssesseseeee 10,918 200 21,836 18, North British aoe 36,000 210 0 90,000

Do. (Hawick Branch — 210 0 — 21, Midland (Erewash yg 12,500 5 0 0 62,500

Do. do. £40 si 12,500 6 00 75.000 24, Sonth Eastern £30 shares ..... 4,2000 5 0 0 21,000 28, Londonderry and Enniskillen 10,000 210 0 25,000

Londonderry and Coleraine... .......+-ssss000 omens | ENe.O 210 0 25,000 March.

I, Grear Grimsby and Sheffield Junction .. 10,000 200 24,009 Leeds and Dewsbury ............- 8,000 5 0 @ 40,000

Dublin and Belfast Junction 12,000 210 0 32,000 3, Chester and Birkenhead 5,000 210 0 32,000

5, Lynn and Dereha m....... 13,200 5 0 0 66,500 Lynn and Ely ........ 8,000 5 0 0 40,000

18, Bristol and Exeter ....... ~— 15,000 5 0 0 75,000 24, Bedford and London and Birmingham — 5 0 0 --

MEETINGS TO COME.

Feb. 28.—Scottish Grand Junction, Glasgow, at 1. Leeds and Dewsbury, Leeds, at 1. Leeds and Thirsk, Leeds, at 1. Lowestoft, Lowestoft, at 1. Southampton and Dorchester, Southampton, at 1

hampton, Manchester, and Oxford Junction, King’s arms, New Palace yard, at 12.

Great North and South Wales, London tavern, at 1. Hull and Selby, Kingston-upon-Hu!], at 12. Liverpool and Bury, Liverpool, at 1. Severn and Wyre Railway and Canal, Bristol, at 12. Huddersfield and Manchester, Huddersfield, at 1. Furness, 6 Old Palace yard, at 2.

March 3.—Dunstable, Euston station, at |. Hayle, 35 Broad street buildings, at 2.

4.—Bristol and Exeter, Bristol, at 1. Manchester and Leeds, Manchester, at 12.

6.— Manchester and Birmingham, Manchester, at !2. Great Leinster and Munster, London tavern, at 12.

9.—London and Birmingham, Euston station, at 12. 10.—London and Croydon, London bridge, at 1. 1i.—West London, London tavern, at |.

Che Gasette.

Forricn Orricr, Feb. 23..~The Queen lras been pleased to approve ef Mr John Lindblad, as Consul Genewal at @praltag for his Majesty the King of Sweden and Norway.

Downinc Street, Feb. 24.—The Queen has been pleased to appoint Sir Charles Augustus FitzRoy, Knight, to be Governor and Commander-in-Chief in and over the colony of North Australia and of its dependencies.

ee

THE ECONOMIST'S

| | (Feb. 28,

Tuesday, February 24

PARTNERSHIPS DISSOLVED. Cockburn and Bennett, Maddox street, Hauover square—Milner and Morlay, Leek,

Staffordshire, silk manufacturers—W. and J. Stubbs, Warrington and Rotberham—

Durden, Lasham, and Randall, Pitchcombe mills, Gloucestershire, naptha distillers ; as far as regards E. H. Durden—Ray and Spencer, Portsea, merchants—Sutcliffe and Roberts, Leeds, and Roberts and Sutcliffe, Bradford, Yorkshire, sharebrokers —Binns and Co,, Bradford, Yorkshire, stuff dyers—Parkyn and Son, Bodmin, Cornwall, drapers—White and Wilson, Noble street, Falcon square, cotton manufacturers— Beynon, Broom, and Bevan, Llanelly, Carmarthenshire, timber merchants—J. and G, Gunning, Crosby row, Walworth, and York buildings, Bermondsey, drapers—W. and C. Murley, Bow churchyard, Cheapside, quilting printers—Mabson and Smith, Stan- ton-by-Dale, Derbyshire, ironmasters—Grace and Co., Liverpool, painters—P. and J, Jeyes, Northampton, nurserymen—Wilson, Brothers, Norwich, bakers; as far as regards J. H. Wilson—Wilson, Brothers, and Co., Philpot lane, Fenchurch street, im-

porters of foreign confectionary—Flesher and Murray, Kingston, Sussex, contractors— Orme and Taylor, Macclesfield, silk trimming manufacturers—M‘Dougall and Rowe,

Commercial road, Peckham, carpenters—Nisbett and Co., Chapel town iron works,

near Sheffield, ironmasters—Roose and Co., Tipton, Staffordshire, wrought iron tube manufacturers—Coleman, Brothers, Crown court, Old Broad street, wine merchants—

Freek and Beall, Leeds, -millers—J. and J. W. Flamank, Tavistock, mercers—J. and W. Rowe, Stoke Damerel, Devonshire, apothecaries—Featherstone and Kirkpatrick, Manchester, brassfounders—Wallwork, Barnes, and Nightingale, Heath Charnock,

Lancashire, colliers; as far as regards R. Wallwork—Hagen, Clark, and Jones, Derby, gimp manufacturers—W., J., and G, Ebberon, London, Potteries, Staffordshire, and elsewhere, carriers; as far as regards G. Ebbern—Barker and Co., Manchester, merchants—

Hardcastle and Hill, Bolton-le-Moors, brickmakers—Pasley, Jardine, H riot, and Co., and Pasley, Templeton, and Co., Glasgow, Trinidad and Demerara, merchants; as far

as regards J. B. Jardine.

DECLARATIONS OF DIVIDENDS. J. A. Hensman, Margate, bill broker—first and final div. of 7s 9d, a1

Mr Green’s, Aldermanbury J. W. Bellis—first div. of 3s, any Saturday, at Mr Green’s, Aldermanbury. W. H. Hoggarth—first div. of 1s 6d, any Saturday, at Mr Green's, Aldermanbury. J.S. Clark, Angel court, Throgmorton street, broker—first div. of 43d, on Saturday,

Feb. 21, and the three subsequent Saturdays, at Mr Groom’s, Abchurch lane. J. Knowles, H. Rodwell, G. R. Parker, and J. T. King, Throgmorton street, silk

brokers—tirst div. of ls, and second div. of 7s 9d, on J. K tate, on

Wednesday, Feb. 25, and the two subsequent Wednesdays, at Mr Turquand’s, Old ,

y Saturday, at

7 owles’s separate €

Jew ry

G. Hardy, Wisbech St Peter’s, Cambridgeshire, grocer (separate estate)—first and final div. of 20s, on Wednesday, Feb. 25, and the two subsequent Wednesdays, at Mr

Purquand’s, Old Jewry. W. Doxford, Kishopwearmonth, shipbuilder—second and final div. of 2d and 1-5th of

a penny (in addition to is previously declared), any Saturday after Feb. 26, at Mr Baker's, Newcastl on-Tyne.

J. Oldham, Wood street, silk warehouseman—div. of 6d, on Friday, Feb. 27, or any subsequent Friday, at Mr Follett’s, Sambrook court, Basinghall street.

BANKRUPTS. Henry Joun and Epwarp Topp, Bow churchyard and Liverpool, warehousemen,

to surrender March 6, April 6, at 11 o’clock, at the Bankrupts’ Court: solicitors, Sole and Turner, Aldermanbury ; official assignee, Whitmore, Basinghall street

ABRAHAM FREBOUT, jun., Steward street, Spitalfields, silk manufacturer, Feb. 27, at 11 o’clock, April 3, at 12, at the Bankrupts’ Court: solicitors, Smith and Taylor, Basing- | hall street; official assignee, Whitmore, Basinghall street

GEORGE Morr, John’s row, bootmaker, March 7, at 11 o’clock, April 6, at 12, at the |

Bankrupts’ Court: solicitors, Hughes and Turner, Charles street, City road; official

assignee, Alsager, Birchin lane.

CHARLEs SELF, Sun street, Bishopsgate without, plumber, March 10, at 12 April 6, at 1,.at the Bankrupts’ Court: solicitor, Wright, Cook’s court, official assignee, Whitmore, Basinghall street

Ropert Green, Walham green, corn chandler, March 6, at half-past 11 o'clock, April 7, at 12, at the Bankrupts’ Court: solicitor, Donne, New Broad street; official assignee, Pennell. JONATHAN Knicnts, Great Melton and Thurgarton, Norfolk, cattle-dealer, March 3,

at half-past 1 o’clock, April 7, at 12, at the Bankrupts’ Court: solicitors, Jay and Pilgrim, | Norwich ; official assignee, Pennell

HenRyY Pearson Co_tes, Wickham market, Suffolk, innkeeper, March 5, at half- past 11 o'clock, April 7, at 1, at the Bankrupts’ Court: solicitor, Lewis, Arundel street, Strand ; official assignee, Graham, Coleman street.

Witt1am Kuirson, White street, Southwark, soap manufacturer, March 6, at 12 o’eluck, and 31, at 1, at the Bankrupts’ Court: solicitors, Lofty, Potter, and Son, King street, Cheapside ; official assignee, Edwards, Frederick’s place, Old Jewry SAMUEL and WILLIAM Ho.pswortTh, Drighlington, Yorkshire, corn millers, March

9, April 2, at 11 o'clock, at the Leeds District Court of Bankruptcy : solicitors, Gregory ana Co., Bedford row; and Taylor and Westmorland, Waketield, Yorkshire; official assignee, Freeman, Leeds. WILLIAM LonGpnoTrom and Ratepx Bentviey, Rochdale, wool merchants, March 5,

April 4, at 12 o'clock, at the Manchester District Court of Bankruptcy: solicitors, Ab- bott, Charlotte street; and Atkinson, Saunders, and Atkinson, Manchester; official assignee, Hobson, Manchester. #2 Wirtiam Row.anpson, Wakefield, Yorkshire, surgeon, March 9 and 30, at 11 o’clock, at the Leeds District Court of Bankruptcy: solicitors, Gregory and Co., Bedford row: and Taylor and Westmorland, Wakefield; official assignee, Hope, Leeds.

STEPHEN VERTUE, Liverpool, merchant, March 13, April 14, at 11 o’clock, at the Liverpool District Court of Bankruptcy: solicitors, Messrs Sharpe and Co., Bedford row ; and Messrs Harvey and Falcon, Liverpool ; official assignee, Mr Cazenove, Liver- pool.

Joun Watton, Liverpool, coal merchant, March 3, April 14, at 11 o'clock, at the Liverpool District Court of Bankruptcy: solicitors, Messrs Vincent and Co., and Mr Robinson, Liverpool ; official assignee, Mr Turner, Liverpool. Rrewarp Krrpy FRANKISH, Scarborough, joiner, March 10 and 31, at 11 o’clock, at the

Leeds District Court of Bankruptcy: solicitors, Mr Kirk, Symond’s hill; and Mr Harle, Leeds ; official assignee, Mr Kynaston, Leeds.

EpWaRpD STEANE Hax.ey, Birmingham, grocer, March 16, April 3, at 11 o’clock, at the Birmingham District Court of Bankruptcy: solicitors, Messrs Motteram and Knowles, sirmingham ; official assignee, Mr Valpy, Birmingham. SAMUEL Hutcuinson, Bradford, Yorkshire, stockbroker, March 9, April 2, at 11

o'clock, at the Leeds District Court of Bankruptcy: soliciters, Mr Flower, Bread street, Cheapside ; Mr Wood, Bradford; and Mr Cariss, Leeds; official assignee, Mr Young,

Leeds

o'clock,

Lincoln’s inn;

f 5

SCOTCH SEQUESTRATION.

T. Wilkie, Edinburgh, grocer, Feb. 27, March 19, at 2 o’clock, at Stevenson's rooms, Edinburgh.

Gazette of Last Night.

BuckinewaM Pa’ Ace, Feb. 25.—This day had an audience of her Majesty his Ex- cellency Sarim Effendi, Ambassador Extraordinary and Pienipotentiary from the Sub- lime Porte, to take leave; and Monseiur Dedel, Envoy Extraordinary and Minister Plenipotentiary from the King of the Netherlands, on his return to Court after a temporary absence.

Friday, Feb, 27.

PARTNERSHIPS DISSOLVED.

Pilling and Brierley, Rochdale, cotton spinners—Brierley, Pilling, and Brierley, Wellfield, near Rochdale, cotton spinners (so far as regards J. Pilling)—J. Pooley, sen, and J. Pooley, jun, Manchester, cotton spinners—J. and S. Baker, 15, Brownlow

street, Holborn, boot makers—Creed and Williams, Newton Abbott, Devonshire, brewers—Edwards and Fisher, 5 Trinity square, Tewer hill, ship brokers—Webb and Pollard, 96 Watling street, City, lace warehousemen—d. and S. Vines Albion court, Clapham, mealman—J, and M. Stead, Bradford, woolstaplers—S. E. Kirby, G. Beard,

P. J. Kirby, and G. Beard, jun, Cannon street, London, and Gloucester, pin makers

(so far asyregards P. J. Kirby)—C. H, and T. B. Marriott, Lynn Regis, Norfolk, merchants—White and Wright, Shelton, Staffordshire, printers—Manger and Stubbs, Toxtethpark, painters—Andrew and Wilde, Oldham, cotton spinners—Knott and Eceleshall, Rodney Brewery, Manchester common brewers—Hill and Williams, Cal-

a tssi—

1846. ] stock, Cornwall, common brewers —E. and I. Garth, Liverpool, milliners—J. H. Fair- banks, J. Lavender, and W. B, Fairbanks, Walsall, saddiers, ironmongers (so far as regards J. H. Fuirbanks)—H., W., and J. Ballard, of Leamington Priors, licensed victuallers.

DIVIDENDS DECLARED. J. Chaloner, Chester, currier, final div of 2d, at 11, Eldon Chambers, Liverpool, on

March 5, or any subsequent Thursday. W. Hay ‘and J. A. Titterton, London road, Surrey, oilmen, div of 5s, at 1 Sambrook

court, Basingha!l street, on February 27, or any su bsequent Friday. H. P. Price, Holywell, Flintshire, jinendraper, first div of 43d, at 72 George street,

Manchester, on March 3, and every following Tuesday. J. Hughes, Mancnester, provision dealer, first div of 3s 53d, at 72 George street,

Manchester, on March 3, and every following Tuesday. J. A. Dow, Romford, Essex, draper, div of 5s,at 1 Sambrook court, Basinghall street,

on February 27, or any subsequent Friday. W. F. Mills, High Holborn, and Hart street, Crutched friars, gunmaker, third div

of 1s, at 12 Abchurch lane, City, on February 28, and three following Saturdays. T. Standage, Chancery lane, auctioneer, first dividend of 744, at 12 Abchurch

lane, City, on February 28, and three following Saturdays. J, Warner, late of Garforth, Yorkshire, maltster, final dividend of 2s 6d, at 14 Bi-

shopsgate street, Leeds, on March 2, and any day after.

DECLARATIONS OF INSOLVENCY. G. T. Walker, Landport, Southampton, draper, Feb. 26.

BANKRUPTCY SUPERSEDED. W. Carey, Leamington Priors, Warwickshire, hair dresser,

BANKRUPTCY ANNULLED. P. Phillips, Birmingham, steel pen maker.

BANKRUPTS. E. WILtiaMs, 79 Bishopgate street, linen draper, March 10, at two, and April 21, at

one, at the Court of Bankruptcy. Whitmore, official assignee ; and Dickson and Over- bury, solicitors, Frederick's place, Old Jewry.

L. Reis, J. Power, and G, Koenite, Fenchurch street and Wandsworth, merchants, March 10, at one, and April 21, at twelve, at the Court of Bankruptcy. Alsager, official assignee ; and Marten, Thomas, and Hollams, solicitors, Mincing lane.

G, B. Earp, London, ship broker, March 6, at two, and April 10, at twelve, at the Court of Bankruptcy. Pennell, official assignee; and Vardy, solicitor, Finsbury place.

J. SANDAVER, Canton street, Brunswick square, cabinet maker, March 7, at one, and April 4, at eleven, at the Court of Bankruptcy. Follett, official assignee ; and Williams, solicitor, Alfred place, Bedford square.

R. Cuiips, 18 Queen Anne street, Cavendish square, tailor, March 10, at eleven, and

April 7, at half-past twelve, at the Court of Bankruptcy.- Belcher official assignee ; and Edwards and Peake, solicitors, 11 New Palace yard, Westininster.

W. Wuite Aylesbury, Buckinghamshire, tailor, March 4, at two, and April 11, at eleven, at the Court of Bankruptcy, London. Follett, official assignee ; and Tillard and Co., solicitors, Old Jewry.

W. B. HArVey, 21 Herbert street, New North road, mercer, March 6, at one, and

April 11, at twelve, at the Court of Bankruptcy, Green, official assignee ; and Cox, solicitor, Pinners hall, Old B-oad street

J. Suet, cheesemonger, 14 Albion place, Walworth road, March 6, at half-past one, and April 8, at one, at the Court of Bankruptcy. Bell, official assignee ; and Pope, solicitor, Raymond’s buildings, Gray’s inn.

A. France and W. P. Lawton, Leeds, Yorkshire, stock brokers, March 10 and 31, at eleven, at the Court of Bankruptcy, Leeds. Kynaston, official assignee, Leeds ; Williamson and Hill, solicitors, Gray’s inn, London; and Cariss, solicitor, Leeds.

J. Wricur, Tamworth, scrivener, March 14 and April 18, at eleven, at the Court of

Bankruptcy, Birmingham. B'ttleston, official assignee, Birmingham; Thornewill, solicitor, Burton-upon-Trent; Collis, solicitor, Birmingham.

I. Roperts, of Mold, Flintshire, grocer, March 13 and April 17, at eleven, at the

Court of Bankruptcy, Liverpool. Turner, official assignee, Liverpool; Edwards and Co., solicitor, New Palace yard, London ; and Ingleby, solicitor, Mold.

H. J. Barker, Flixton, Lancashire, logwood-grinder, March 13 and April 3, at eleven, at the Court of Bankruptcy, Manchester. Hobson, official assignee, Man- chester ; Johnson and Co., solicitors, Temple, London; and Hitchcock and Co., solicitors, Manchester.

T. PARNELL, Manchester, laceman, March 16 and April 1, at twelve, at the Court of Bankruptcy, Manchester. Pott, official assignee, Manchester ; Gregory and Co., solicitors, |, Bedford row, London; J. and R. Whitworth, solicitors, Manchester.

G. Perry, Stroud, Gloucestershire, coach builder, March 12, at twelve, and April 10, at eleven, at the Court of Bankruptcy, Bristol. Miller, official assignee, Bristol; Brisley, solicitor, Pancras lane, London ; and Paris, solicitor, Streud.

J. Metrrorp, Bath, wine merchant, March 13, and April 10, at twelve, at the Court of Bankruptcy, Bristol. Acraman, official assignee, Bristol; Bishop, solicitor, Lin- coln’s-inn- fields, London ; and Lovibond and Co., solicitors,{Bridge water.

J. Goprrey, Midsomer Norton, but formerly of Shepton Mallet, Somersetshire, linen draper, March 13, and April 10, at one, at the Court of Bankruptcy, Bristol. Miller, official assignee, Bristol; Govett, solicitor, Upper North-place, Gray’s inn road, London, and Midsomer Norton, Somersetshire.

S. Evens, Blackrod and Aspul, Lancashire, cotton spinner, March 11 and April 6, at twelve, at the Court of Bankruptcy, Manchester. Fraser, official assignee, Manchester ; Gregory and Co., solicitors, Bedford row, London; and Hitchcock and Co., solicitors, Manchester.

J. Brock, Chester, innkeeper, March 13 and April 14, at eleven, at the Court of Bankruptcy, Liverpool. Morgan, official assignee, Liverpool ; Pocock and Co., soli-

citors, Norfolk street, London ; and Cunnah, solicitor, Chester. J. CornRALL, Boston, Lincolnshire, ship owner, March 13 and April 14

the Court of Bankruptcy, Birmingham. Christie, official assignee, Hartley, solicitor, Boston ; and Jabet, solicitor, Birmingham.

at twelve, at Birmingham ;

a —_——

Shipping.

LONDON SHIPPING. ENTERED INWARDS.

Fes. 20.—Xabia, William Duke, Pitts—Harlingen, Rapid, Neville—Boulogne, City of Boulogne, Tune—Calair, Tourist, Grant—Port de Galle and Colomb, Seringapatam, Peckit.

Fes. 21.—Hamburgh, Princess Royal, Gibbs — Havre, Finistere, Trubert—St Michael's, Adder, Wills—Rotterdam, Attwood, Cheesman—Stockholm, Rabuliston, Huldt—Ostend,

Earl of Liverpool, Lomax—Havannah, Nuevo Yberia, T) Sierra Leone, Dryope, Smith—Camarinas, Fama, Rodriguez— Havre, Wilberforce, Phillipps.

Fes. 23.—Calais, Belfast, Pashley—St Michael's, King Alfred, Knill; Racer, Hullin —Rotterdam, Giraffe, Stranack~—Ostend, Dart, Hogben— Antwerp, St Leonard, Simmons—Cherbourg, Poule, Cousin,—Gravelines, Neptune, Lavallee—Rivadesella, Elizabeth, May—Gijon, Eliza, Vincent —Gravelines, Auguste, Maze—Ruiver St Martins, Dolphin, Jones—Charente, Eliza Ann, Todd—Christiania, Minerva, Schon--Rotterdam, Ear! of Clancarty, Williams—St Ube's, King of Tyre, Stephens—St Michael’s, Excel, Sherris—Trieste, Parga, Newton—Saros, Agnes, White-—-Canton, Druid, Ritehie— Mauritius, Pauline Houghton, Anwyl—Nibuport, Tweed, Westrope— Patras, Navarino, and Dragemestre, Astrea, Le Conteur—Santander, Jessy, ‘T'ydeman—Villa Viciosa, Peace, Crispin—Dunkirk, Pink, Merrells—Terceira, Sorceira, Jausserand —Bilboa, Active, Walker—Marseilles, Lulea, Waallnger—Berbice, Janet Willis, Lang—Bordeaux, Hebe, Morton—Antwerp, Soho, Cullen—Canton, Mary Bannatyne, Picken— Boulogne, Harlequin, Major—Salonica, Stamboul, Sloman—Kouen, Will Watch, Allen—Charante, Janet and Mary, Mackenzie—Bordeaux, Town of Dundee, Lyell—Calcutta, Wonder,

Ramsey—Rouen, Carrier, Leetham, Feb. 24.—Oporto, Libra, Gibbens—Calais, Agenoria, Swinhoe—St Michael's, Fear

Not, Cox—Hambre, Sir Edward Banks, Robinson—St Michael's, Prospero, Blyth ;

Post Boy, Daniel—Seville, Royal George, De Gruchy—Charente, Hope, Gray—Seville, Emma, Dornom—Madeira, Grace Darling, Airth—Rotterdam, Commercial Packet, Hart—Nantes, Cleopatra, Ertand—Stettin, Penelope, B umm St John's, N.B., Ellen, Hood—Lisbon, Pearl, Hill—Aguilas, Lady Sale, Tilley—Harlingen, Magnet, Brownless—Catania, Science, Knowles—Charleston, Canton, Backard—Canton, Scotia,

Strickland—Cadiz, Traveller, Finlay.

ee ——E ease —————

RAILWAY MONITOR.

a .

283 Fes. 25.—Norwyk, Jonge Johanna, Van Duyn—Schiedam, De Jonge Catharina,

Vander Beelen; De Jonge Schalk, Plug—Maassluice, Ondeher Stelling, Plug—Seville, Wave, Taylor—Terceira, Lady of the Isles, Wheadon—Harlingen, Fame, Barfield— Leghorn, Musica, Weeks —Messina, Florence, Oakley—Terceira, St Martin, Mallet— Villaviciosa, Royal George, Livingston—Oporto, Ellen, Fitt—Harlingen, Onderneeming, Dekker— Mauritius, £neas, Saunders —Sydney, Royal Tar, Glass—Mauritius, Mercury, Eagar—Seville, Alpha, Vibert—Gravelines, Alexandre, Lavallee—Ragusa, Elia, Ursicich —Garrucha de Vera, Nancy, Jarrett—St Kitt’s, Robert, Stericker—Ostend, Triton, Ovenden—Cadiz, Effort, Orfeur—Dordrecht, Fortuna, Taay.

Fes. 26.—Trieste, Royal William, Francis - Calcutta, Larkins, Heidrich—Cadiz, Hebe, Rogers —Seal Island, Mary, Brett—Naples, Patriot, Cuthbertson — Bahia, Louise, Maurt- zen—Gallipoli, Fanny, Amy—Antwerp, Princess Victoria, Jackson—Calcutta, Agricola, Potter—Trieste, Emily, Storey—Palermo, John Wesley, Abbott—Rouen, Ganymede, Clark—Cherbourg, Coq, Allain—New York, Gladiator, Bunting—Havre, James Watt, Ferguson—Calcutta and Madras, John Line, Edwards—Boulogne, City of Boulogne, Tune—Calcutta, Helen Mary, Winn—Calais, Tourist, Grant.

CLEARED OUTWARDS. Fr. 20.—New York, St James, Meyer—Ostend, Neptune, Rommens—Constanti-

nople and Sevast. Arcturus, Hill— Rotterdam, Venezuela, Whitcombe—Ostend, Triton, Ovendon—Hamburgh, Neptune, Whittingham.

Fes. 21.—Barbadoes, Tropic, Clark—Zanzibar and Muscat, Caroline, Usoof—Malta and Alexandria, Inconstant, Dunlop—Dunkirk, Guernsey Maid, Hedgcock—Calcutta, Eagle, Sawell—Leghorn, Amy, Cram—Ostend, Meaburn, Pattison—Seville, Prometheus, Berriman—Antwerp, Commodore, Cosens — Lisbon, Patriot, Austen— Calais, Tourist, Grant—Boulogne, City of Boulogne, Tune— Antwerp, Princess Victoria, Jackson—Cha- rente, Anne, Normand—Medemblik, Wave, Appleton—Lima, Victoria, Wilson.

Fes, 23.—St John’s, Newfoundland, Devon, Short—Bilboa, Carmencita, De Ojinaga — Dominica, Spinster, Forrest—Constantinople and Galatz, West Lothian, Bell— Lubeck, Eleonora, Rahloff—Patagonia, Montefiores, Brewin.

Feb. 24.—Hambro, Princess Royal, Gibbs—Rotterdam, Columbine, Norwood— Ostend, Earl of Liverpool, Lomax—Havre, Wilberforce, Phillips—Oporto, Agness, Findlay—Rotterdam, London, Pearson—Naples, WhyjNot, Dart—Bilboa, S«ntan., La Pepita, Arretegui—Gijon, Lewes, Triplett—Madras, Calcutta, Madagascar, Hight.

Fes. 25.—Calais, Belfast, Pashley — Boulogne, Harlequin, Major—Antwerp, Soho, Cullen—Hamburgh, Iris, Gosan -Harlingen, Magnet, Brownless—Calais, Jeune Emilie, Rondel —Mogadore, Helen, Currie—Gibraltar and Cadiz, Newton, Gilson—St Michael’s, Racer, Hullin; Sorciere, de Jausserand

Fes. 26.—Berbice, Marys, Forrest— Macao, Frederick VI, Hanson.

LIVERPOOL SHIPPING. CLEARED OUTWARDS

Fss. 18.—Africa, Derby, Quayle—Calcutta, Duke of Wellington, Hargreaves— Dordt, Vesta, Lohman; Venilia, Meppeider—Gambia, Napoleon, Smith—Genoa and Leghorn, Salem, Hick—Lima, Mary Winch, Harries—Lisbon and Gaspee, Janvrin, Falle — Maranham, Stirlingshire, Rattray— New Orleans, Manchester, Bosworth— Naples, Eliza Fox, Barratt—New Orleans, Lord Seaton, Fitzsimmons ; Emma Watts, Snow—New York, Meteor, Lawrence—Rio Janeiro, Regalia, Reside—Savannah, Mar- chioness Bute, Salters—Tobasco, lronside, Campbell,

Fes. 19.—Boston, Goodwin, Davies ; Columbiana, Barker—Demerara and Honduras, James Dean, Blackie—Gaspee, Janvrin, Falle—Havana, Zenobia, Sutherland—Naples, William Crow, Dixon—New Orleans, Gossypium, Brown; Hartley, Lord —New York, Meteor, Laurence —Palermo, Edward Sawle, Lenty—Stettin, Gloria, Leoswitz.

Fes. 20,—Africa, Windermere, Tanner—Beyrout and Aiexandretta, G., Dean, Spuring—Boston, Tartar, Russell; Columbiana, Barker—Gibraltar, Doctor, Luke— Hobart Town, Elizabeth, Guthridge—I brail, Galatz, and Odessa, Brothers, Mackintosh —Leghorn, Charlotte, Jamson—Lisbon, Dryden, Main—Naples, Eliza Fox, Barrstt— Riga, Caroline, Ahrena—st John’s, New Brunswick, Dochfour, Bache—Singapore and Tenang, Baronet, Wylie—Tampico, Josephine, Masters.

Fes. 21.—Africa, Thomas Hunter, Nicholson—A lexandria (Egypt), Seraph, Mather— Antwerp, Selina Fetia, Schrauder—Barbadoes, Achiever, Johnstone—Dantzic, Kleine Marie, Umlauff—Falmouth, Montego Bay, and Jamaica, Felicity, Riddock—Madeira, Spirit, Stokes—New York, Henry Clay, Nye—Palermo, Carlotta, Lagana—Rotterdam and Dordt, Barend, Stuut—St Stephen’s, N.B., Brothers, Hill—Rouen and Honfleur, Gignetterin, Dejoie—Valparaiso, Dryad, Hansen.

Fes. 23.—Ancona, Samaritan, Davie—Constantinople, Jenny Jones, Wakeham— Hong Kong and Whampoa, Queen Mab, Rowe—Mobile, British Merchant, Birnie—New York, Siddons, Cobb—Philadelphia, London, Baker—St John’s, New Brunswick, Alex- ander, Edmond Carr—St Thomas, Autoleon, Ward—Valparaiso, Larch, Laidley.

Fes. 24.—Barcelona, Lochinvar, Draper—Cape of Good Hope, Algoa Bay, and Cal- cutta, Sultan, Main—Halifax, Nova Scotia, England, Robinson—Hong Kong, &c., Queen Mab, Rowe—Lisbon and River Plate, Clio, Le Grand—Marseilles, La Salvador, Kersulo —Naples, Trial, Curtis—Palermo, &¢., Edward, Sawle Lenty—Philadelphia, Venice, Dunlevy—Porto Cabello, John Patchett, Norman—Rio Grande, Sweet Home, Collie— Rotterdam and Dordt, Galway Lass, Jane.

m . T r ’ od ‘ r 7 pn 7

THE BANKERS’ GAZETTE. BANK OF ENGLAND.

(From the Gazette.)

Aw Account, pursuant lo the Act 7Tthand 8th Victoria, cap. 32, for the week ending on Saturday the 21st day of February, 1846 :—

ISSUE DEPARTMENT. fo L.

Notes issued ..ccoccecscseces 26,973,295 , Government debt.........ee+ 11,015,100 Other securities.....ceseeeee. 2,984,900 Gold coin and bullion ........ 11,346,130

| Silver bullion ......seeeeeee0+ 1,627,125 { =

26,973,255 | 26,973,255

BANKING DEPARTMENT. L

Proprietors capital.........++-14,553,000 | Government Securities, includ- NN ott statan eececccecscesccces 3,477,016, ing Dead Weight Annuity ..13,137,047 Public Deposits (including Ex- Other Securities .....6-....0.. 22,039,192 chequer, Savings’ Banks, Com- PN ciceccecesataa seoneéesee 6,887,810

missioners of National Debt, Gold and Silver Coin.......... 678,472 and Dividend Accounts) .... 6.202.903

Other Deposits........... eee e+ 38,091,320 } Seven Day and other Bills .... 918,282

43,242,521 45,242,521

Dated the 26th day of Feb., 1846. M. MARSHALL, Chief Cashier.

THE OLD FORM,

The above bank accounts would, if made out in the old form, present the following result :—

Liabilities. |

Se | Assels Se Circulation, inc. Bank post bills 21,003,727 } Securities eee ove Public Deposits eco ew 6,202,903 ) Bullion eee eee } Private Deposits ove } 18,091,326

45,297,950 ; 48,774,966

The balance of assets abeve liabilities being 3,477,016/, as stated in the al ve ac inte

under the head KEST. -——

FRIDAY NIGHT. ['ue above accounts, compared with those of last week, exhibit—

——————

A A

A decrease of circulation of aa oe £67,855 An increase of public deposits of ose 464,030 An increase of private deposits of ove 72,797 An increase of securiltes of

An increase of bullion of An increase of reserve of

eee 204,250

184,125

ose 224,930

These accounts made up to last Saturday show a large increase

ee eee

me mn ee

te,

284

under each head of the accounts, except the circulation, which again shows a slight reduction. ~The foreign exchanges to-day showed great firmness, with a

slight advance in the rate for short paper on Amsterdam. There was also a slight advance in the rate upon Antwerp, and for three months bills upon Paris and other parts of France.

Consols have fluctuated during the week from 95 which rate they left off to-day.

The money market has been considerably easier during the week, when securities of the highest class could be offered. Money on call has been offered more freely to the first discount houses than they have been willing to accept, at a trifle below the minimum bank rate. Still great pressure is complained of when only a second class of securities is offered, but which in ordinary times can be readily negociated.

In the country, and especially in the large seats of trade in the north, the pressure fur money is stated to be very great,

3 to 96}, at

and that considerable inconvenience has arisen therefrom. It must be admitted that the money market is in a per-

plexing and difficult position. We believe that many causes are in operation, all contributing in part to this state of things, but we still think as we have done all along, that much too great a stress is laid upon temporary causes. We will not say that the transfer of so much capital as has lately taken place from private bankers to the Bank of England, has had no effect, but we believe it has been enormously exaggerated. The truth is, that the Bank of England, as we have all along urged would be the case, has advanced the deposits as rapidly as they have been made. But much has been said about capital moving from another centre, and that the same class of persons do not receive accommodation, though the capital be the same, that did so before. This is no satisfactory explanation. If the parties who did receive accommodation before do not now, and the same amount of available capital is extant, who then are the new parties who did not absorb that accommodation before, but who do so now? If the first class of bill brokers or bankers borrow upon the best securities from the Bank, it is only to discount paper, inferior in class, though equally safe, for their regular customers, or to transmit to country banks who send their paper to London for re-discount. Capital thus instantly finds its way through every channel of trade, if it really be in existence, and if the required securities be forthcomiug.

We have not failed for the last six month almost weekly to refer to the numerou3 causes which we considered were in operation permanently to increase the value of money. Those causes have been in constant operation, and have been much confounded with the pressure in the three months which preceded the transfer of the deposits, and still continue with increasing vigour. The first and most obvious is the absolute conversion of floating capital into fixed capital, by the railways now in progress. For this purpose alone nearly four millions of calls have been made since the end of December.

On another hand the great increase of business, both forcign and home, during the last year, has rapidly increased the amount of capital sunk in the form of credits and in the increase ef stocks, &c. Then there is no doubt another cause from which individuals are suffering. Many have embarked a large share of their capital in railways, and withdrawn the sums paid as deposits from their regular business. These parties are without the necessary securities on which to borrow money from bankers—are unable to keep their payments as usual, and those with whom they deal are inconvenienced.

We are bound to repeat, and to warn our readers, not to look upon the present pressure as a mere temporary difficulty. The capital of the country is undergoing a more rapid absorption than it is being created, and a consequent withdrawal from other pursuits is taking place. The present unsettled state of our political affairs tends, no doubt, to aggravate present difficulty; but we repeat that we sce every chance of money continuing scarce, and of the rate of interest rather rising than falling; and in this we not unmindful of the apparent certainty that higher prices of food will rule, and that large sums will be required to pay for the spring imports of grain from the Baltic and from the United States. ‘The chance that exists that the present measures now before Parliament will be still considerably delayed, adds to the perplexity ofthe subject. ‘The immediate future demands on the part of all the greatest circumspection. It is, moreover, impossible but that the great scarcity and high price of provisions throughout the Continent, as well as in Ireland particularly, will materially affect the demand for our manufactured goods during the present year.

To show how much more capital is absorbed at this time than it Was a year ago, we attach a comparison of the Bank accounts on the Ist of March last year, with those of the present week.

lst March, i845 This Week

ee, ee cee

Cir tion ... oe ese §=20,982,888 oo 21,003,727 Put sits oon ew 5,476,984 ove Private ditto ove eve = 10,323,799 oce

Total liabilities ee =36,783,671 .

Securities . ° eos 24,625,779 ove

| Bullion ove ove ew 15,739,064 ove

| Totalassets ... eee 40,358,843 al

Reserve in notes and 9,730,504 ove 7,566,2

| We thus see that a year ago, with a total of liabilities amounting to | only 36, 7:

coin eee

783,6712 the Bank held a reserve of 9,

THE ECONOMIST'S

} the

are |

[ Feb. 28,

a total of liabilities amounting to 4 17,9501, the reserve is only 7,566,282/. It will also be observed that the bullion is less by more than 2,000,000/ in the same period.

By the summary of the Bank returns, published in the Banker's Magazine, the average circulation of the private and joint stock banks during the month of January, shews an increase of 124,673 compar. ed with the month of December, and as compared with the month of January, 1845, an increase of 56,5137; and the issues of private and joint stock banks are 710,634/ below their maximum circulation.

The settlement of the account in the consol market this week has been the heaviest, and showing the most extensive fluctuations of any account for along period. From the lowest to the highest point there has been an advance of 34 per cent., from which again the price

receded as much as 1 }{per cent., with great and frequent fluctuations,

5 Oo 0,2§

INDIA EXCHANGES AND GOVERNMENT LOANS.

Commercial bills E.I. Company's Amount of EVI.

at 69 days’ sight bills at 60 days sight Company's bills per Co.'s rupee. per Co.'s rupee. drawn. s d s ad s ad s d £ s d

Bills on Bengal...... ] 95 to l 9% oocse 1 10 GOO O cccces 155,551 13 92

_ Muadras...... 1 9% O O sow 1 10 0 0 17,847 13 11 _ Bombay ... 1 10} 0 0 coo 1103) 0 0 ccoree 23,579 9 O

—_——_ __. Total of East India Company’s bills from Feb. 7 to Feb. 23, 1846...... 197,075 16 1

Do. do. Jan.7 to Feb. 23, 1846 ...00. 408,555 12 8

N.B.—Bills against indents from India, and shipments to India, vary according to the sd to 1d under the East India Company’s rates, are a fraction higher than for the usual term,

articles drawn against, being generally

Commercial bills at 10 or 30 days’ sight

MONEY MARKET. MonDAY, Feb. 23.—The public securities were in a trifling degree affected by

Indian news. There was a very small amount of business done in consols to-day, which finally closed 952 to 96 for money and the account. Bank stock left off 2084 to 20 4; Exche quer-bills, 37s to 39s pm ; three per cents reduced,

963 to 4; three-and-a-quarter per cents, 98 to 4; and India bonds, 38 to 40 pm Phis being Monday, the government broker’s purchases were confined to his in- vestments for the savings’ banks, which amounted to 10,0007. The business in the foreign stock market has been much restricted. The following operations show the tendency of prices :—Brazillian was last done at 83% ; Buenos Ayres, at 404; Ecuador, at 3f; Granada, at 223; Mexican, at 314; deferred, at 163; Por- tuguese three percents, at 58 ; Spanish five percents, at 274; and for the account,

the deferred, at 147 ; Dutch two-and-a-half per cents at 274; Venezuela, at 45; at and the four per cents, at 954.

+?

S9FS

TUESDAY, Feb. 24.—The public stocks continue flat. The speculators have been very cautious in their operations, which keeps the market in a state of abey- ance. The Chancery broker was a buyer to-dsy, but only to a limited extent,

and hence the trifling variation in prices. for and the Consols money

account left off at 96. As the dealers are now preparing for the six week's settlemeut, cash is in demand at about 3 per cent. Bank stock closed at 2084 to 2094; three per cents reduced, 963 to 3; three-and-a-quarter per cents, 98 ; long annuities, 10 9-16 ; 39s premium

India stock, 2¢ and Exchequer-bills, 56s to rhe purchases of the government broker to-day consisted of

0 to 262;

21,0004 reduced on account of the Commissioners for the reduction of the

National Debt, and 10,000/ new three-and-a-quarter per cents on account of the savings banks In the foreign market the operations were limited.

rhe rates of exchange for bills upon Holland and Paris were a trifle lower thin

last post ; for most other places they remained about the same, with not much business doing.

WEDNESDAY, Feb. 25.—The state of the consol market was rather better towards the close of business to-day, but the extent of dealing continues limited

For money and the account the final quotation was 96. The account is just at the present moment the sole occupation of the jobbers. Bank stock left off this

afternoon 2084 to 209¢; three per cents reduced, 96} to 4; three-and-a-quarter to 98; long annuities, 10 India bonds, 38 to 40 premium ; per cents, 974

South Sea new annuities, 95; and Exchequer bills, 36s to 38s premium, The government broker’s purchases to-day were precisely the same as yesterday, that

is to say, 21,000/ reduced on account of the Commissioners for the reduction of

the National Debt, and 10,000/ new three-and-a-quarter per cents on account of the savings banks. ‘The dealings in the foreign securities continue to be much restricted rhere is scarcely any business whatever transacting.

THURSDAY, Feb. 26.—Consols left off steady this afternoon at 964 to 4 for money, and at 963 to 4 for the account. The market was quiet, and little new business was transacted. Bank stock closed 2084 to 2094; three per cents re-

duced, 962 ; three-and-a-quarter per cents, 983 to 4; long annuities, 10 11-16 ; India stock, 259 to 261; India bonds, 41 to 43 pm; South Sea new annuities,

5 to oe and Exchequer bills, 36s to 38s pm broker's pur-

chases to-day were, as for some days past, 21,000/ reduced on account of the

National Debt Commissioners, and 10,000/ new three-and-a-quarter jer cents for the savings binks. In the foreign market the dealings were—Granada, at

rhe government

23; Mexican actives, at 31}; for the account, at 313; the deferred, at 163; Peruvian, at 38; Portuguese, at 58 to 583; Spanish five per cents, for the account, at 27; VPassives, at 64; the three per cents, at 374; Dutch two-and-a-

half per cents, at 597; and the four per cents certificates, at The settlement in this department will prove a very light affair, so unimportant have been the business operations of the last fortnight.

Fripay, Feb by the government brokers gave strength to the market

rhe public securities are very firm to-day. The purchases Consols for Monday

have improved to 964, and to 96) for the account. The differences upon the account have been in the course of payment all the morning, and are now all but completed. The premium upon Exchequer billa has rallied from 3 Bank stock has remained at from 208) to 209}. India bonds have given way slightly, viz., from 42s to 38s premium. ‘The new three-and-a-half per cents have improved from 98} to 98g, and the reduced three per cents from 964 to 963. In those foreign stocks where business has been transacted to-day an improvement may be noted. The Dutch two-and-a-half per cents have been in request at 594; the Spanish three per cents for the account at 374; Mexican at 314; the Portuguese converted at 59; and Russian at 112 to 1124.

CoMPARATIVE EXCHANGES.—The premiumon gold at Paris is 12} per mille,

which, at the English mint price of 3/ 17s 104d per ounce for standard gold, gives an exchange of 25 46; and the exchange at Paris on London at short being 25 65, it follows that gold is 0.74 per cent dearer in London than in Paris. By

advices from Hamburgh the price of gold is 4344 per mark, which, at the English mint price of 3/ 17s 104d per ounce for standard gold, gives an exchange of 13

and the exchange at Hamburgii on London at short being 13 114, it follows

5s to 37s.

92. “43

730,504/, while now with | that gold is 0.86 per cent dearer in London than in Hamburgh.

}

1846. |

Way" By referring to the columns preceding the name of the Company, shewing the extent of each line open, and the portion of the capital paid up, its state of

| |

RAILWAY MONITOR. 285

Che fMonitor’s Batlway Share hist FOR LONDON, LIVERPOOL, MANCHESTER, AND LEEDS.

Carefully compiled from the Daily Lists.

progress will be seen. —The closing prices of the day are given.

| | -{3s “

3 iS e| vf /e3 Name of Company. ae aa Senden, — Liverpool. Manchester. Rent } 2 i

RRS 24 ($$ 1s. | M.| 7. |W.] 7. | S. | M.| T. | W.| T.

|... | 18000] 50 | 10 Aberdeen ... | 10 10 | 10 0 | 10 10 | 10 10}) 10h) 10g) sceccelecceeefeevool BL | 22 | 21) 11 24000) 25 it Armagh, Colera' aine e, & Portrush}... | eevenstcce 14} 13) 13] 14) 0% 1 1g) 16 18) 18

| = 5 |Belfast and Ballymena ....+++.+| ; 5 54, 5é! 5g) Sy = | 29) Belfast and County Down ..... io woh ece BPh ccece| covces! coccecleccece le

| 25 } 1§ Bideford and Tavistock ........ | aia | 50 0 | 25 Birkenhead, Lan., and Ches. abies one + 00+ feocese loos eee } : ‘ 63) Og GE) GE

55 | 55 9400) 100 AN Birmingham and Gloucester ... 37 (127 ‘\127 | 327 125 |127 128 128° 28 “\128 }128 j128 [128 (128 127 |127 10000) 25 | All| — 4 Shares, iss. at 74 dis. 32 | 33 | 31 | 39 32 | 31 3 | 32/38 | a2 | 33 | 32 | 33 | 33 | 32 | 32

| 25 | 1B) — Extension .......+-ceseee seers \ 2] cccees looeee+|ececes leeecsefics | oneeee| cereee! oeeees| cooees lessees eoses } | 25 | 15 {Blackburn and Preston ....++... co 204 204) i 204) 24 20} 214) 203, 202 204) 203 201)

144) w. | 10000) 25 5 |Blackburn, Darwen, & Bolton.|......'. Ria 7 64) coves OF 63) 64) 63] _ 63]. 333) | 16000) 50 | 14 ‘Bolton, Wigan, and Liverpool.|...... anleckeee Ines eeete loosens lee

| | 20 22s. Boston, Stamford, & Birming..|. . vf 223 } 5700) 50 | 20 |Brighton and Chichester eels iit 324) ... 9500) 50 | 20 ‘Brighton, Lewes, and Hastings|. eocee leoceee siesta psseee] eocecel escort! eccess 76 | 76 | 15000100 | 70 Bristol and Exeter ...ccsceeseree 8&6 ' “a7 “86. { "87 87 ‘| 86 88 | 88 | 88 | RT

BBA) 5 | me NeWesccssace seat! 4 Ma} 1 | ay 2} We} 12) 19} 1a 50 | 22 Bristol and Liverpool June povlinies - miinkelecaantl gnkees escantinadinn ghana

374) 373) 8000) 50 | 30 Bristol and Gloucester........+- 55. "55 55 "$5 55 |} 55 | 55

| 50 3 British and Irish Union . : | | | 20 | 428 Buckinghamshire ....++6+. i .

112 | ... | 36000} 50 | 10 \Caledonian......... 143) 143 60000) 25 | 24 — Extension .... . 23, 25 50000) 25 | 14 Cambridge and Lincoln .

| 25 | 19) — New, ee | } 25 | 14 Cambridge re : and Oxford. sees | | +» | 1§ Canterbury and Dover ia wclnisaan icine

25 | 1§ Chelmsford and Bury .....ss+00+|serees Ie : : } es | 2 Cheltenham and Oxford .......] 2! sees ecco oidbancin betdes lednasdbeecees

| 20 | 42s,\Chester and Manches. Direct.. 1g la) 1a 144] ... | 5000) 50 | All \Chester and Birkenhead... 53@ 53_, 52g) 52 | 52

| 7500) 25 | 25 | — $ Shares srosccceseeeeeees 265 264) 263) 26 | 26 | 25 | 5000) 50 | 14 | — New Shares ....s-sse0e siuntilnaisialcideab canines 48 | 48 |

65 w» | 42000! 50 | 20 Chester and Holyhead......-s0++| 21g 214) 213 21 4 224. 22 | 3 | } | 50 24 Chester and Preston Brook cos] eoeeee ssiene] enuetoteusesel eeeece eoccee coe

| | 25 | 2§ Clitheroe Junction ..... 153) ... | 8000) 50 | 10 Clydesdale Junction.... 20 |... | 4000) 50 5 \Cork and Bandon......

j | 23 | 1¢ Cork and Waterford

| | 50 | 23 Cork and Killarney ... | 50 | BD SRI hee sssnnctensatsnvone

| ; 83600 25 | 14 Coventry, Nuneaton, Bir. | j | 25 } 2¢ Derby and Crewe | - | 2¢De rby, Uttoxeter, ‘ke Stafford..

| 35000 50 | 39 Direct London and P ortsmouth| | | | 50 | 22 Direct Manc. (Remington)...... | | 80000) 25 | 9} Direct Northern ; es

10000 25 | 14 Diss, Beccles, and Yarmouth... | 25 | 12% Dublin and Armagh.. oe

| 12800 50 | 92} Dublin, Belfast, and c ‘ole raine. ee 2 | jeeeeee| eee eee! cocce+focsees ee 56 |. | 10000 50 | 10 Dublin and Belfast Junction.. jit ry. a any 1a Mi ls 113) 114, 133) 10 | 10 | 32 | $2; 6000 75 | 65 |Dublin and Drogheda ........... ses 802) 80¢ B04) 804 804)

} | 21600 50 | 4 {Dublin and Galway «....0.00s00+0| “at ‘) i 44 Ihe oe 15000 50 | § |Dublin and Mullingar.......... , eet ee dealt

57 | ... | 17000) 50 | 5 ‘Dundalk and Enniskillen 20 | w» | 10000) 25 10, Dundee and Perth ssccsssceseeeee

20 | 1 \East Dereham and Norwich ... | | | 25 | i124 East Lancashire, No. | see op Ae : i . 4 25 | 114/East Lancashire, NO. 2 sessesses!se ane fonces nccs fencers 1 16 | 16 |... } } | 25 | 14¢'East Lincolnshire............. : : | b sccvee

j ' we | 1@)East and West of England. 503; 504) 56000, 25 | 25 | Ex eater COmRtEED o0eee mercer sneer

} } 25 |8.16) — New..

| }144000) 6§' 6%) — Extension 5 peret ‘No. { 64 of — Ditto, NO. 2 ce ccccceseee | | 4000) 50 | 25)Eastern Union .......csesees coe

25 | 4 | — Ipswich and Bury .... eve nes 00] 000000 eeeeee! coseeslensees! pessoehssoces 46 | 46 | 18000) 50 | All |Edinburgh and Glasgow.. 76 | 76 75 | 75 | 74479 | 78 | 77! 75) 75) 74 {1 18000) 124) 124) — 4 Shares...sscsssscessen | 20 | 4 20 | 214 213 19} 19 | 19 1 | | 19g} 10 | — New j Shares... 15 164) 16§ 16g 168 169! ed] 17g, 16d 10g 63

6%} 14; 5000! 20 } 20 |Edinburgh, Leith, and ‘Granton ceeces |ooecee le0eeee | coseee 19 | 19 19 | 19 | 19 T 1008. ccc i | 3650} 20 | % — Preference Shares... ..cceecee see eee I cissalonsansien sou} 22 | 22 | 22 | 92 | 21 ; eR

| | 26000} 25.15 {Edinburgh and Northern 6g} 64 6h 62! Gj) GA | 25 | 3 :;Edinburgh and Perth .......ee.0-|seeeee! sees 43) 48 46 43) 4a) 43

25 | 24 Edinburgh and Peebles ......s0e{sssee{ee 24; 24} 24 } 18} 5 Ely and Huntingdon | 5s Say Sd! 53! 6h) Sa} 53) 5¢ 5§) 54)... } se Enniskillen and Sligo .. coe | cevcee| oe 125 |} If Essex and Suffolk s,s.

| | | 50 2% Exeter, Yeovil, and Dorches... 51] 51 | 12500; 50 | All Glasgow, wate & Ayrshire .

12500) 123) a4 — } Shares .......secsevee sce see ces | 12500) 124} - New } Shares ° sores cocees|eeeeeelcovces covecs coves LES! Lig Pls, 11d) Lig! D1M......!...

229, 224 16000 25 An Glasgow, Paisley, and Gree mock |. 8000, 124) 124, — 4 Shares....

j 20000° 74, 1g — Preference Sh: leooeeleccere|ervers sageee coccceiccccoe 21 S| 2/ 2} ZB} Qi... { 25 | 1§ Glo’ster, Abe aii, & C. W. 1#!...

25 | 42s Goole and Doncaster . 3} 3 “ 104 104 | 10918 100 | All Grand Junction.. aeiiuaiacaa sennes [te tees! 233 (222 326 226

| | Wis 40) 6) — L& M £40 SENOS scansintbeamtband | 56 | 54 | 5000! 25 | 25 | — 4 Shares (Crewe) .... = = cooccel 64 | 63 * 63 |...... Deets ial 58 | 55

{ 17624: 25 | ” _ } Shares (New)..... eres]ee ececee 553} 554 Soe 435 434) 44H 492 463. | | 22033! 124) — § Shares .......0 foe 234) 234 233) 18 | 184) 184] 21 | 20 j 25 | 1§ Grand Union. ° 1g) 1G 1B, Dh eee } 1 is! 1g | 50 | 2¢ Great Eastern ‘and Western BO BR Riiistcss ees 1 + s | 12000, 50 5 Great Grimsby and Sheffield ...! 10 OE 9% s 9} BF 94) 4. | | | 50 2) Great Munster . ee BF SY BD lems cow Scola | 50 | 2 Great North of Scotland .. noes ele oof 39) 38 38) 3g 34) “34 34) “3.

45 | 45 | 6690100 | All Great North of E rglatid sn (9224 220 1220 1220 .220 {220 [220 {220 220 me 214 [214 [223 (2224 | 7500; 40 | 5 | — NeW.ssssssocsceseeseeseeeeereeee| 53 | 53 | 53 | 52 | 53 | 53] 53} 53 | 53 52 | 52 7 53 |...

| 30} 8 | — New S0/Shares ...ccscscsco.ee 86 | 36 |e) 36 | 36 {| we | 85 | 82 32 32 32 32 | 36 | 36 20000) 50 { 15 ‘Great Southern and West (1.), 21 | 22 | 21 | 91 | 209) 21 |... sini bieiits "eastaaiceal eae

| | | 50 124° — Extension .... ee| 184: 189) 30 | 21 | 19g; 20 eeneee ‘ccece od 145 145 | 25000100 | 85 Great Western... 153g 153 a8 1150 {152 1152 | 160/160 154 | 153) 153)

} | 28000) 50 | All| — 4Shares .....0400 wee! 86 | 85 84 | 843) 85 | 87 | 87 | 87 | 86 | 854) 854 86 | 86 | 37500; 20 | 20 | — Fifth Shares ...... coves] 334, 33 34 35 | $4 | 84 | 343} 349 35 | 35 | 35 35 | 50 | 5 Guildford, Portsm.& Farehain.| 5}! 53) 5] 5] .. B Jrcccccheces ee oeee e0ceeel esccedlece | 21000) 20 | 2 Harwich... cium aman ce 2) ts At f ris Ssccean lanai aie

| ) 30] 6 Huddersfield ‘and. Mane hester ' I “I OO Nk eae {| 50 | 8 Huddersfield and Sheffield J...'sscsse!ssesse/sresee] sesseelecseesleceee] 20$) 205 20 | 20 198) 172

8000, 50 | All Hull & Selby or Hull & Leeds 107 107 7 }108 [108 108 |108 108 (108 i108 108 = | 194) 198, — f Shares ..cscsosseseereerseeee! 29 | 22 | 22 | 28 |..... | 22 | 92! 22 | 22 2) 22] 22 Din 1251 7 | — @ Shares icc.ceses vee] 274) 27 | 28 | 28 | 28 | 98 | 28 | 28 2 204) 28

20 | 2 Invernessand Elgin . enaade loon oanteeh 18] 1g, 14 end 19h. ’ 25 | 1 Irish North Midland .. ‘senses feseeee of DE 2} Ot. it sodiemebsonanle

5000) 25 } 64 Kendal and Windermere ence vomsliome ~{ 99] 98 98 98 98) 94 16000; 50 | 35 Lancaster and Carlisle «| 57 5) 55 | 55 | 55 | 57 | 57 7 dustlpsesinl

| 163! 5 | — § Shares..... Specie sian ol UNG L1G ccececfecsore! sac eseleoeace

THE MONITOR’'S RAILWAY SHARE LIST.—( Continued. ) | |

Amount | tong. Miles

Name of Company. anemone

No. of Shares. I

t-— Miles Open.

PD x 4 a 4! ms

Londun. onpest. ol. i Manchester. | Leeds.

I paid up. Pi M.: T. oo 9. M.) T. a aL — a a a a ee

tn : Amount | > | of Shares 474) Lancaster and Preston .....++./sesees|sesees eonses eoeeee seseee eeneee 374 19 |} — 2 Shares, iss. at 124 dis 124 6% — New d Shares........

y 8000 50 20 |Leeds and Bradford (lon | 524/52 | 513 16000, 50 7¢ Leeds and Thirsk.. ° 10 , 10/10! lo

“| - ‘| 50 74, Leeds, Dewsbury, & Manches. 163; 163 163, 168) 163 | 50 22s'Leicester and Bedford cones ao

29 27s Leicester and Birmingham bh} ola) old oe ag 20 24 Limerick, Ennis, and Killaloe. ... ee a

j 50 125 Limerick and Waterford ...... |... oo 1% Lincoln, York, and Leeds.

32) 32 | 5100100 All |Liverpool and Manchester . |} =| 7968) 50 | 50 | — 2 Shares .........000000

286 THE ECONOMIST'S [Feb. 28,

| | | 12024 25 25 | — £ Shares ......scceees | | 12089 40 Wb = Be Wececenccecssovcesese — ee en

| 24000) 25 24 Liverpool, Ormskirk, & I reston ss... . | | | 25 2 Liverpool and Leeds Direct ...' %

! ; 25 24 Liverpool, Man.and Newcastle ....0.)....00) Bgleceeee eeveee) BE] BF leeveveleeeere! DZleveees ‘ 8 ;

112})1123) 41250 Stk. 100 London & Birmingham ......... 222 [222 224 /224 (222 223 223 223 (223 (223 | 2968} BS | 16 | — db Shaves «.....000ccccscccrsvesne| 498) 51 1 | 51 | 51 |

| 55000 25 2 | — 2 Shares (new) . 28 | 274 27 28 | 28 | } 20 2 | — Fifth Shares . 244 25 | 25 26 | 26 | 25 1% — Extension .. sue

33) 33) 48000 ... 16 ‘London and Blac kwall | 6% 14 — New..

56 | 56 | 35155, 50 ~All London and i Brig PHtON cos eeaec00ee j 50 40, — Consol. Shares ... 1 avr. 4| — Sixths ...........0...

84; 8, 40000 20 20 London and Croydon ........... | ! 20 PS en

33000' 9 6 | —Th irds 5 percent. Pref 25 14 London, Chelt., Oxford, &c

33; 33) 43077 20 12% London and Greenwich ......... | 11136 20 18% — Preference or Priv. ......++

923) 923 46200 50 59 London and South Western ... j } 50 74 — New Shares

40 28 | — New Consol. Eighths . 40 128 — [email protected] 25 > London and WwW indsor . ove cee escensloovece| coo esa |esoee ove suena. Warwick, and Kidde rm.

! 50 24 London, Salisbury, and Yeovil .o+.+-'seesss)eoeees sesees } 100000 50 24 London and York.. weenie a

0 53 London and Man (R ‘astric k) oo | ©ovcee covese lene ove joosese | cocese] costs

57 | 10000 50 5 pees nderry and Coleraine ...) 4 J 5 3} 5 57 | 10000, 50 5 Londonderry and Enniskillen..

| 16000 25 5 a BOE FAY occc0e cccceesccecence | 13200 25 5 Lynn and Dereham............+. : j

| | 50 23 Man., Birm., and Mold Junce..| eccee|seceee ceveee serene! see eee| eeeeee

50) 50) 13000100 82 Manchester and Leeds ......... | 13000 50 — — New Shares | 50 38 — 4 Shares i |

: | 19500, 25 2 — } Shares | 14 BG 1 OS Becnces j | i4

} 22750 6 63 — Sixteenth 93; 981 9) 9 9; 9) 94 9 20 1 { — Fifths ......... 12 12 | 128| 12}1...... j 123, 123}...

10; 10) 6200123 | 93 Manchester, Bolton, and Bury ......|...ssejscesee coos |seeeee] seveee a, Sram, Bae nonces acnnce 146 !146 J......feecoee liao iied Jeescee/occces Joocee 31, 31) 30000 40 40 Manchester and Birmingham.. 79 | 79 | 79 | 79 | 77 7 : 79 79 | 79 ' 7a 794 79 | 793) 793; 79} 79 | 79 | 79 | 79 | 79 | 79

OO) OT eh RIN cenccenitireioss : | 12g) 128) 12% 12g) 123) 123) 114) 11a} 11d) 11g) 114g | 10 2 ' — New z Shares 94 _ 103; 104 Ps 103] 10 ” ia 10 | 10 | 10 10

25 2 Manchester and Southampton. |«++-++| +++ “ . } }} 23 24} af ZH) ecccee 23; 28} 25

20 2 Manchester and Buxton......... “4h -: } leosece lensnes (secnse BE ccaiaal 4 Teneane teeeeeleneeeeleeseee! Bhlreeeee " paid tia peaniass baake ee 178) 178 Stk. |Stk.100 Midland oe —_ 1463 7 p5: o¢ 5 ‘ r, 151 (151 {L51 3148 (148 {151

40 18 | — New 40/. Shares ........++0. 3: ~ 34 | 34 | 34 34

50 | 10 | — Great Western (Irish) .. oneee ' 48}) 484) Stk. |100 Stk.! — Birmingham and Derby 2

24000| 25 | 2§ Newark and Sheffield........ 2 } 20000; 25 10 Newcastle & Berwick( Hudson) 22 223, 22

61, 61) 30000/100 | All 'Newcastle and Carlisle .........)-+ +e 110 {110 | 95°125 | « 4 NE, ....cncnnta cen ctbbedcenecs 1606008 less cedl conepeluensesleeseeel eon ety 1 28 | 28

23, 23) 20000).25 25 ‘Newcastle and Darlington J....' 4! ' 25. 20 — New Brandling Junction...! 40 | 683, 38 ; 40 ‘ 38 | 38 [ 41 | j

| | — | 50 ‘Newcastle and North Shie]dB.e.' «ccc ceccce| coc ces| coc ces| ccecee eoecee 7i

j om 24 Newportand Abergavenny..... oe | 50 | 24 Newry and E MMiskillen seoeee ses) -++seeleee

614 36000; 25 | 20 North British ° | 126, 6G |) — NOW... 0+ ceovee sees i 12, 14 — Carlisle Branch.... | | 25 2 North Devon .........

20 | 2 Northampton, Ban. } 25 24 North Eastern ...

474) 474) 10196 50 | 50 Northern and Eastern.... 3136 50 | 40 — Scrip Seiiaseamscieuiy

12208, 124) 124 — 4 Shares........... | 20 | 42s. North Staffordshir =

} | 66000 50 | 24 North Kent ove.....seeseeeeeesenees 39} 39) Stk. |Stk./109 North Union (A) ....--sesseeee

| ee — |100 North Union (B) | 12000 25 / 3% North Wales.......+.. | 6000 20] 11 North Wales Mineral .. 50000 20 | 22s North Wester sepoosie

20 | 42s Northumberland and Lanc 85 | ... | 19000 20 | 2@ Norwich and Brandon......

19000 10 B | — NeW eccceccce ccc cs0000s00 cee 000000 | 25 iz Nottingham and Boston en

25 2% Nott., Erewash Vall., & Mans.|. } 25 lf N tting rham and Ambergate ... | 25 | 14 Nottingham and Grantham

62 | ... | 30000 25 2 Oxford and Birmingham Junc. 20 | 2 Oxford, Southampton, & Gosprt .ooee|.eescelseeeee|seveee|coeees levees

{ 20 | 124, — — Wolverhampton........./s iG 1 Pilbrow’s Atmospheric ' eevee] osevee] ecosns

19} 19, 2604 50 | 50 |Preston and Wyre ath aa 344 5 | 25 | — Pref. 5 per cent... ...ssesseeee)

5 | 25 | —5 per cent. and iv. .. +0000) coeree| eseeee | 123) 2h) — § SHAaves ...seceeereeceeesevencee|eoe i- 23, — Sixth Shares.

ove 14) — Extension .. }

| | 20 | 10 (Richmond .......... “T74} 16)| | 164)

1

5; 5 1 { Del oeeee EBlocsnhicoon Aa

' }

i |:

eee

vo] ISH} 15g) 159] 16 a seen 6H} 6H] GAY 6 | esssesleees

6) 3d ...006) 4 34) 33 33 is 34 34 33

20 | 2 Rugby and Huntingdon. = sence 14) 14}. pootelmeccegl - 16$) 154] 143} 25 | 74 Scottish Central

* 6) 6} 6 } 12000 25 | 5 Scottish Midland .... 26000 25 13 Sheffield and L incolnshire . .

40} 11) 7000,100 | All Sheffield and Manchester ......|. 130 |132 |132 ta 130 13 : 133 }132 “l1s2 {132 | 25 | 8 | — 2 Shares.. oan aa 15 144)... 144} 143! 159] 15 | 15 | ees sae | 25 | 10, — 4 Shares.......cc0. 168] 16 | 000+. "5 16 16 16 | 16 | 16 | 159] 1591 159 | 25 | 23] — 4 Shares (Scrip) 54 Sal's $4 6 | 54 a bi 54) 5

18000, 25 | 9g Shrewsbury and Birmingham. 13 sf) all af at oul 34) 38) 3 $7000) 20 | 22s.\Shrewsbury and Trent Union. ° bee eoscselecsees Bi: ae eoseee wt agentes

| 20 | 2§/<hrewsbury, Hereford, &c...... = a 2 r 2 2" 2 2) 3 i}: | 2blesvoeed 2 | 20 | 1 |Shrewsbury and Herefordshirel......|.... sothecneestons | il si Eleecersleceeee] 1 § | 50 | 3 |Shrewsbury, Osw., and Chest...|scrore|esee+s ~ 7” aie salad 5 ai 4 sil 53} 53) Se 43] 4 20) codanrepantre Union R. Senet ~| ly if if i uy 2 212] 3 2 Mi 1 og

it is! li 13) AG’ coves! evceve lecocee! anc soctsseeedl doventiees cee bee oe ee §=—- BF Somersetshire Midland .....0.00'sesese| sessee! eves st oseees 13

eR st cs es ac

1846. | RAILWAY MONITOR. | 287

THE MONITOR’'S RAILWAY SHARE LIST.—/¢ Continued.)

“«< ls > : © = & sSisz] 2s [2s - ve London. Liverpool, Manchester. Leeds.

S co] S22 |S Es Name of Company. pasteneiimennanstinndibmnaee

ASRS) 5a SOse R F.

20 | 42s./South Midland ....00secsesceeseees 4} | os 23 South Staffordshire Junction. 3

} | 22000) 50 | 35 |South Devon ...sseue-suee0e Niel aicas 88 | 88 | 80000 50 | 50 South Eastern (Dover) 39 ;

|} 28000, 50 | 16 | — New iss. at 18 dis 20 } | 42000! 50 | 10 | — Ditto ditto No. 2 134

{126000 50 | 10 | — Ditto 20 dis. No. 3 lig 150 | «» | 50000; 25 1$/Southport and Euxton sevcesle

| 50 5 |South Wales eit BP csv | 100 100 |St Helens and Runcorn G: ip _— on sasha

} | ee ran Gan | 100 | 40 | — Pref. Shares ....ccccccceseesevees | 50 | 23)Staffordshire and Shropshire 2 | 29 | 1 |Staines and Richmond

eh Ae TR IN accsinatn cea dencnnéecennser =

25 NINES a. os sen andseancaheeeiaana tenans es

| } 25 1g Tean and Dove Valley...... 12 45000 20 Te BOOMS VGIIOY wes csvncceccase seccesseesce 2 disialiei tines 263

| 25 28) — and Holyhead Junction ...... ‘ ; : ; Bose : ‘ 1g 25; 25) 10383) 50 | 35 \Ulster. sa hlthighsil onaitastace taaatnde ances

20 5 Wate rford ‘and Kilken nny = a ae 50 , 124|Waketield, Pontefract, & Goole...'....../.... seakena

see 19) Warwick and London......ce... leenteeencoesies seclescasdl Matienss pausaalcosdectsesesbleneeln ‘Sn é 29 18, Warwick and Cheltenham..eccccce ccccee ccsees levees spicata tatiana a4 ‘ 26) : 1j

| 49000) 20 | 29 |West London Old Shares cccccocee|csecee coves sones eeece| cove 50 14 West End and S. Counties see teeeee seeeee eesenelconeee eevee leeeeeel L@ieseces coven! FR FB babeeees 50 | 22s West NNN ss canitiasiei sti tennell dscniial <oniinatingnenectaenicaxtedbainand 13

| 20000) 50 24 West Riding Uni WT ssssssssecenaneces senses anacee eeneee] cone 5 ! 50 23 We xfo wd and Carlow | 50 14 Wexford and Dub lin mesedivessedbensaceta aheve

” 24'Welsh Midland ..... semis 1 2 ane wee 30000, 50 24 Wilts, Somerset, and Weym...... 34 3 43, 4 D cacece| vccoce

203, 203) 7500, 20 | All Yarmouth and Norwich .. a 28 | 8 hin 28 2

28 28! 6700) 50 | All York and North Midland 100 (100 105 j102 .......102 100 100 100 J102 |101 (101 (10! 101 101

| 6700 25 | 25 — New shares - ccc] SOR) SBA) cccce i9 51 4 50 $0 lescvce 49 | 49 | 49 | 52 |...... 49 | 49 42 | 49 | 25300; 25 ee on a 32 324; 33 | 32S 33 | soveeey 35 35 3! 35 | 35 | 33 | 33 | 32g, 33 | 35 | 34 BB jeccece 33 | 33 / 32

10400, 25 All — Scarborough Branch ......006) 49 | 49 eevee! 49 50 § 50 | cccce. ees) 49 | 49 49 1 52 | 52 | 49 | 48 485 49 6700, 50 | 20 |York and Selby coe) TO 1 TS lenceeed O08 78146146] 46/75 | 75 | 73187) 87/75) 75 | 75 | 75

72 | o» |300000) 50 | 24) York and Cuarlisle.........ccscceeeeeee 25 29) 23) 23 cH 23 22) 22 23] 2g 4) 2h 2g) 23; 2| 23.

eis tn NRK PF pe

penanen RAILWAY SHARE LIST.

Se ve 8 =) = & . = Name of Company. London. -” S 38 Sal Name of Company. i a ion ee ‘ ——

aa s.|M.| T.|W.| T. | F. ah mi TORE 8. | M W. | T. | F.

| axe 2 Bordeaux and Toulouse (E BP)osccccccccccece) 2d op ove 23, 23 2 25000 20 4 |Namur and Liege 33 33 3E 8 4, 33 75000; 20 2 Bordeaux Toulouse and Cette (Ma es 24/ 23 24; 23 23] 20 | 10 |Orleans and Vierzon ... a ee re oo

| 20 10 Boulogne and Amiens ......... Sedecesnnens i113) lig, Lge Lg " 130¢00 20 6 |Orleans, Tours, and Bordeaux 20 14§ 1G) Lig tty 240000) 20 10 Constituted Central of France ese on 204 Ab |Overyssel ooo-csceccseserceroeeree crocs 34 . . 5 3 +e

150000) 20 2 Central of ss shihibaahawekanne l ] 1g) D8 “| 20 2 \Paris and Lyon ‘ Laffitte) . ” 100000} 20 SE AGIOD acnmnexcseteaisonnsuasiscctentneniecs — as i 20 3 | _ + ll : ” "

| 2 \Dendre Valley ......... a § 6h. ; : 20; 2] - (Calon)... o ons

20 2 |Dijon and Mulhouse ssecscsesseseeeceeoee conees = 4 80000 29) All|Paris and Orleans ... 51/51 /. 51 ( 512) SI | 20 2 vem ONE FOCRMP ccc ccoccessaccacecesocsece 27000 20 All/Paris and Rouen 40} ... 103; 41 | 40%

eee 5 Dutch Khenish 63; 63) .. 65, 6; i 1200.0 20 2 |Paris and Strasburg! ‘Ganne ron) «.. eee 100000, 20 5 East Indian ......... abrendndesbennectnccens ace | cco | ene | ese a 20 2 _ (Compte de l’Este) ....++. eee

eae 5 \Great Northern. of F: TANCE seesees aecccgsecee 154) 158, 15g) 15) 155 3} aan 2 |Paris and Strasburgh (Haing)...... a ee oe een ee ee } 20 34 Great Western of Canada. woo | coo | cos | ose 400C0 20 2 |Paris and St Quentin ...c.scee. ee eS ee ee ee ! 224 5 Great North of France ... eve est oan hoe | 20 | 20 |Rouen and Havre .,...+... sss oo | 294; 292 30 } 20 2 \Great Paria and Lyons vec scocccesceccecocesece| ce in 31000 20 2 [Royal North of Sparn.....cccccesseseererecee es eee 120! 4 |Great Luxemb ee : oo} 2] 23) 28) 24) 28] : 84000 20| 6 |Sambre and Meuse. | 54) 59) a 55) 54

20000) ... | 40 Jamaica..........006 Aunacenness 70:3 G8 1h eschews 14 | 14 |Strasburgh and Baie . coer! 10 | ave | eee | 10 | 20 15000) 20 1 ‘Jamaica Junction ....... 4 4 | ccc 4 4 20 5 {Tours and Nantes (Mac k). damenenstinedeetenedl aunt eae Taek

‘an 1 — North Midland. onl tant eee 13) 13 20) 2} — (Lefebvre) ..... woe | coe | eve } coe | ove 26000) 20 4 |Louvain and Jemeppe ...ccccscsecccoccersvece| 22; 2§ 2 23; 23 "9 j ses 3 |Verona and An. ae and Austrian). vee | ane | eee | eee | eee | one

120 | 2 [Lyons and AVignOn cescccscsorsseeeseseceoee! 25) 24) 2§) 24] Gal 28 20 | 4 |West Flanders.. seeennane cee ner eee eee ens oof 49 Sf we] FS] GF] Y

OFFICIAL RAILWAY TRAFFIC RETURNS.

et | oSe (RES [PSE 5/FF3y| Dividend as 3 RECEIPTS. : & ESS |e SS [P28 ESS last meeting a neem paeeneinpemnnens Ae sp

> |F2S Ess |Seesistes > | Name of Railw Week | ~ & Same| Miles | © . i ek re. SE 8 ns &~ & per per cent ne ending 3 & | Passengers, Goods, Totai | aaa oun. Ss

e $ e 3& |g 3 SeitOS ESS! share. per | § = | parcels, §&c. | Cattle, §c. Receipts. re we 3 | 5 s S S34 & S35 S $35 annum. > 1845 1846 e

ii ila cieaiae nities eet amentien ictal aoe oaltelsiiiantaiiiinll ay aia ii aa ana i Rl attache ecans nina a

-— 2 2 ba A £ £ B2edBe ad 1846 + a es d| £ ed £ £ 102000, 35000) 140783) — — 012 66 0 @, Arbroath & Forfar... ee (Feb, 21, 12193) 4710 7g) 116 7 9} 163 18 4$ 175) 15 11 750000| 143170) 520641 5856 13148010 0 2 6 8 Chester & Birkenhead eee 20 .sseeseee) 423 4 10 83 10 7 506 15 5 399, 15 33

450000, 150000); 631258) — | — 1 4 04 0 0 Dublin & Drogheda ... al 19 629 12 3 659, 31g 20 200000; 152200) 349736 —_ | — 9 060 09 O 0 Dublin & Kingstown... ion 24 892 16 7 611 72 | 112 100000 49445) 159285 2989 6993.1 5 0 4 0 0 Dundee & Arbroath ... eee 22; 3626 152 7 72 100 15 ‘II4 253 3 7 234, 16% lo 169350| 124055! 272395 9889 177023 — 2 0 0 Durham & Sunderland — 21) 30!4) 10315 1 468 9 3 572 4 4 616, 15% 34

4443200) 1841155 3959660 47385) 1187261j/ & 4s\6 0 O Edinburgh & Glasgow we 21, 14906/ 1627 6 3) 1119 7 106 2746 14 i 2046, 46 | 59 | 1125000, 375000; 1686226 29429 558661 5 0 4 5 O Eastern Countiese& N. & E. | 22 24325, 4534 16 4/ 1811 19 8 | 6376 16 0 3454; 108%) 59 937500 — | 1071258 12446, 36436 1 5 0 6 O O| Glasgow, Kilmarnock, & Ayr | 21 14806; 911 7 0 903 12 11 | 1841 19 11 1461, 51 34 650000| 216666| 806143) 11839) 23447;0 5 0 210 © Glasgow, Paisley, & Greenock | 21, 12639) 515 9 2} 248 11 7) 764 0,9} 654, 223) 34 — |} -— {| 85000) — | — - 5 0 0, Gravesend & Rochester ont BU BPD ccnccccceseccessss ons TOT UT a ff F t

4261802, 3969289) 817998C' 181412) 498103. 4 0 0 8 O 0 Great Western ose ete 22, 41722:1141 3 10 "3836 ‘4 0 {14977 17 10} 12725; 2213/ 68 -m f . 400,000) — |} — } — 8 0 ©} Hartlepool ; ove 23 — | 59 0 O/| 8241510) 883 15 11; ... 15 58

6874976, 1928845| 6997066] 96413] 45644715 0 010 0 0| London & Birming. & Gd. In. | 21; — | 21591 12 1010673 15 5 (32265 8 3 26897; 312/163 | 846103) 222327 1078761 24788} 31254 0 2 6 1 8 4) London & Blackwall... a 22) 40288) 65215 4 37 0 Of} 68915 4| 767} 3% | Is4

256 1710| 591210| 3344678, 73585) 149637115 0 6 © 0! London & Brighton ... ee 21° 11792) 2716 14 5 | 566 18 4 | 3283 12 9/ 2993 56 58 550000! 229000) 797846 7583} 10545 0 8 05 0 O London & Croydon ... od 24 133523; 499 19 11 4134 8 1058 1 6/ 8!2; 10$/ 50

2222100! 630100) 2604406 89439} 190631, 2 0 09 0 O London & South Western... a1, — | 3954 17 0 941 12 3 | 4896 9 3 4405) 93 2

2100000! 690586, 2031375) 15397) 58162, 1 0 0 6 O 0} Manchester, Bolton, & Bury | 22; — |° 541 16 93) 438 14 6 980 11 34 66) 10 £8

778100} 197730) 805968, 8585) 21140 2 15 06 0 0} Manchester & Birmingham ... | 21; — | 2445 3 8 | 1368 19 11} 3515 3 7} 3245, 85 44 2937500) 1943932) 3372240) 46653) 166761 — |8 0 0} Manchester & Leeds ... ove | 24) — | ncoccccceccecssoee| ercccccooceoces vee | 5347 12 6 {| 5204; 56 95 4967340, 1728877) 6636105} 109438) 346271,3 13 9|/6 0 0} Midland eee eee eon ZU m= | cccccccccsccccece| sovcccccccssecesee 14009 9 21 | 10889: 270% | 55 990071} 397575} 1227031) 3595} 88956, 1 2 6,6 0 0} Newcastle & Darlington ove 21) — 1258 12 1; 1507 L 9 | 2565 15 10 1028, 101 25 500000 — | 1156378) — — |1 0 05 O 0} Neweastle & Carlisle ... eve | | — 327 1S 1 [ecccccceeces soieiidlliaitadataidiaioad oe | 603 ws 150000 153276! 309629) 8943) 18466 = | 410 0 Newcastle & North Shields... | 22, 17250 343 3 «+O 419 17 2/ 373 7 59

835322 10 o| 775987 15384) 31286010 0 5 0 O Norfolk... eee 22; 5405\...... ecccccccccecccccce) BAGO 4 4 181) aw. | 18 739201} 308306) 106055 1| 24788; 46745 — |6 0 0 N. Union & Bolton & Preston sss) = |eevesapenseseeeses leeseesnsnsenenes ecsencasseucecsessy See"? 8D és 1600000) 400000'10000000) _ | - | = }8 0 O Paris & Orleans ove ° 233 — 2877 2 7 "2498 il. 3 | 5373 13 10 | 3694\ 37 | 65

1440000 — | 1870000; 31247; 91171,016 0|7 O 0 Paris & Rouen.. ose eee 23’ 15507, 2677 0 0 | 2966 0 0 | 5643 0 0; 3653} 2 68

630000) 179852) 485724) 4191] 70665 — |210 0} Preston & Wyre e wan 21 2995) 259 188 315 16 9} 575 18 5 37m) 84. | 29 1150000} 811759) 995146) 11895 148765 — — | Sheffield & Manchester one | 21) — fecocceee sansnenses |eangananeces ane es 1496 2 6 653 198 36

2996009) 1530277, 4824924) 69288; 139042) — 56 0 0, South Eastern... ove eve 21) 13008, 2768 10 7 1400 16 0 | 4274 17 1 | 3265) 106% | 50

488467) 159861) 648348 11293 29750,3 0 05 0 0 Taff Vale eee eco eco | 21, 3246@) 179 16 3 920 15 0); 1100 11 3 949 30 | 36

519150} 20000) 358354 5401; 13856117 7\/6 0 O Ulster ... eco | 22; 11760) 401 8 9 245 4 4! 64614 4 578} 25 25

sensi 381500) 1632856) — 1496 2) 210 01010 0 York & North Midland eee 21; 14015; 2227 8 0 399 8 2) 462616 2 124 | 151

\ ' ' ' \ \ '

ET TES

288 THE ECONOMIST'S [ Feb. 28,

Railway Bills PRESENT SESSION OF BEFORE THE

PARLIAMENT. Lenoth.

Miles.

119 Aberdeen, Banff, and Elgin ove Arbroath and Forfar (to be leased to Aber-

deen rail ane ose ee

Alford Valley (Kinross to Alford) ove Airdrie and Bathgate junction (with

branches) ... oon ooo eee eos Ambergate, Nottingham, and Boston (ama'gamated with Grand Union) pont

Ashburton, Newton, and South Devon ... Ayrshire, Bridge of Weir, and Port G

cow junction eee eee eve eve

Aylesbury and Thame junction ... ove Ayrshire and Galioway (Ayr to Balcary

Avrshire and Caledor

”,

ian Junction

a York Axholme, Gainsborough, Goole, ar and North Midland eco eee eee

Ballymena and Ballymoney ooo ose Ballochney (Shotts branch eee eee

Bandon and Bantry ... ose eee eee Belfast and County Down ... ove eve Belfast and Holywood Atmospheric ose Berks and Hants (Hungerford extension

Bedford and C; Great Western line ose eos ose ooo

British and Irish Union

Bright and Brighton eee

Steying branc ose

Bognor and Littlehampton branch ose Brighton, Lewes, and Hastings (sold to

London and Brighton) Deviations, and Kastbourne,

ubridge extension

Hailsham, Seaford, and Newhaven branches eve,

sristol and South Wales junctior Bristol and South Wales railway a Blackburne, Chorley, and Liverpool ose

Blackburne and Preston, and East Lanca- shire railways amalgamation

Br dgewater and Minehead railway, and } ler ose .- eee ee

l and Bin lland Cc -

Mangotsfic

Brist ingham (leased to tl

ki to Bath line ... ove oucester to Stonehouse line — G ese

— Aschurch, Tewksbury, & Malvern

net Green and Haleswon line land Exeter ((

i

rewkerne | Yydvil j

anch) 7

con and

Vater &a 1

and harbour

. Z

Birkenhead and Llangollen ose Birke ad ai lolyhead junction, (with

branc! 5 ° I nhead. ] > & Ch las i 2

t from Birkenhead to Stockport Ww i T eee ere

Bi gha I 1 and Manchester .. | Bra 1, W i, and Midlan .

uckbur ( eroe, & North Western anction ese eee one eee .

Blac ine, Dar n, and Bolton...

a il t a . eee oe

shir Oxford and B ley i A fring to Banbury 1 e, to

| A i na a i] ! m

B g i 2

t x

irt g \ ppton, and Dud-

B ngha ‘ umpt and S$ Vale

No. 2 g , Wolverhamp l I ey °

I e to ised to I 1 1Bin L N i Ss ield vitl

Boston, Newark, and Sheftie

tingbam and Grantham jun Boston, Stamf ,and | Caruwatl st Linton Came s Brook i

Lo al e ° os Cam x . .

( ge a I oln extension, and

Li -— und I s jur nn )

be at gana ith Eastern Counties Catriow exte ! eee ose ose ose

Caledonian, Polloc, and Govan and Clydes- dle junction ailways amalgamatior

| Caledonian extension (trom Ayr to Kels with branches ore eee eee eee

Caleconiar No.1. Dumfries ... ove eee —

2. Mi ian branches °

3. Carlisle deviati n... ove eve

4. Glasgow termini and branches | 5. Clydesdale junction (railway devi-

ati! eee eee ore oes

6, La yime branch ° } 7. Leith junction one ove eos

$8. Dundyvan branch <i

| Caledonian and Glasgow, Garnkirk, and ricdge—purchase

ian, Northern Direct ooo

Caledonian and Dumbartonshire junction

; nham and Oxford... eve ove

enham and Bury St Edmund's ose ielmsfore and Bury St Edmund’s hester and Manchester direct

Coatbr

| Caledo

| Chichester, Portsmouth, and Fareham ... | Chichester and Bognor — one a | rand Birkenhead (extensic aie

| Chard canal railway... ose ose ove slitheroe junction... ose ove ose lonmel and Thurles ove

yventry, Nuneaton, Birmingham icester ore ++ ore eee wee

and Passage ose ose Stour Valley, Sudbury, and

y | CK

and Chichester (sold to London)

16

0

10

SO

34

9

28

£1,250

Capital, us

100

300

1,800

130

174

200

250 450

600

i

'

SOU

1

a

:

]

ay

is

1,500

409 600

250 1,000

1,000 |

300

Length. Capital. Miles Thous. | Wiles.

Cornwall (Plymouth to Falmouth ak £1,900 Kilmarnock, and Androssan (to Cornwall and Devon central ( Falmouth to leased to Caledor ) oa —

Penzance), to be amalgamated with Lon- } Glasgow harbour grand junction ... iia don and South Western ... eee eee 3,000 | Glasgow and Dundee junctic Sas

Congleton and Crewe ove one ° 15 280 | Glasgow, Gamkirk, and Coatbridge exte1

Cork, Bandon, and Kinsale junction ose 250 | s to be leased to Edinburgh and Glas-

Cork and Fermoy direct ° ove ose 250 | eee eee ese eee Cockermouth and Workir yn extension... | id, and Nielston direct

Cork, Passage, and Kinsale... 200 | to Paisley ee a Cork, Macroom, and Killarney (Cork to to Th liebank, Hou

Macroom) .. ove e0e 180 ind Hurletto .

Cork and Waterfo.d... oe a 1,000 | to be leased to Caledonian) Cork and Parsage ° ove . 80 vy and Greenock Dartmouth, Brixham, and Exeter eee 600 | I 1. Pollock and Govan br h . 4 Derbyshire, Staff rdshire, ar r- | 2. Houst ind Brid irbi 7

& ire from Uttoxeter to W: 600 | 3. Branch to G1 arbour 4

Derby and Crewe junction (to be amalga- I} ine to be leased to Caledonian)

mated with North Staffordshir : 36 790 Glas Paisley, Kil k, and Ayr Der y, Gainsborough and Great Grimsby } nk san s Si—=

junction eee ons eee ove one 900 No. 1 ° eee ° ove Deeside ese ose eee oe 2 ee .

Direct Northern (Loudon to Y 3 , ss hs

branch ese ese ese 5,400 4 eve ° ° Direct London and Manchester 5 Murkirk to Carnwath ane Direct London and Portsmouth 76 i. 6. Pais Bar i, and H ;

Direct Birmingham and Leicester ; 600 | ] ae : 4 Dover and Deal om ween —_ 9 180 | G rand Dean Forest . a Ae Do ster, Wakefield, G Ea nand West ae

Dunblane, Doune, atd Ca il 80 1G Gi sby, Louth, H astle, Li : Dundee and Arbroath to be iM ul j i ° eee ° 6 amalgamated with Edinburgh a Great N ind South Wales = - Northern—no additional capital 13 Great L 1 1 Munste No. | }

Dundee and Perth (amendments)—no ad 5 {

ditional capital ove ove ove eee 4% G t Nort f Scotland (Aberdeen to In- Dublin and Enniskillen (with branches 1,600 | verness se a a a os 207

Branch to Queensferry... ese ove 140 | Gr N 1 of Ss l. Easter ten-

Dublin and Kingstown (extension s » Dye Fra borough 6

Dublin and Belfast junction and Navan Great N of I ind, (and Newceast branch extension one 950 ind Darlington n)

Dublin, Dumdrum, and Eanesk ” 200 | Great North of Engl Dublin and Sandymount atmospheric ase x 120 N 1. Bedale brancl ove e089 ‘ 6

Dublin, Belfast and C e junction 640 2. Boroughbridge bi } . ° ‘a East Lincolnshire (Boston to Great Grimsby 483 600 | Great ty Down 5 .

East and West Yorkshire junctior eve 150 | G t Western and Wy l ‘ iM )

S00 | Great We 1 Uxbrid, West Dray “. Uxbrid, - sb j

£ u t Southe 1 te ( Ir i

. t | Carlow to Kilk y extension) a s 45 G Munster ‘ 60

Ania (y ( shy i Ss }

300 branches, and ¢ . : Y 200 No ‘

one ese 10 3 < a = : )

Eas ( ties Grand junction 1. Hertt » Hunt - e 750 No. 1. Huyton and Warrington we 46 © Epping « ision os oo 15 2 2. Huyton, Prescott, & St Helens ) 3. Torte un to B . . E at 1 1 Huyt sec | 4. M » Lincol ‘3 . 4 ° nadP ’

cy n to Milford 7 nd K n 6 en] to kar 1,2 6 As]

7. ¢ I ae : tobello, ar id i j o « @ ur , G tu \ } anf

] : 1 x { Grand trunk St d iP ' ,

} ( ( Graveser nd | s

lV ‘ sa nd pu r

} Glasgow, Vi G rd, Chichester, and Portsniout ( ss 1 aysa t G ford, ¢ heste Port 1

Gla Mor Fare r ¢ »>Siua Wes 60

| I 4 > Harwich qd Kastern Cou ] Sal i . w pie

I ( i Ha'esw na hi : ( Hert i Hatfiel

} ° 5 Hart I ¢ Cal lL le r ind beach

c ul | 1 ncti i

i es 4 J t I bu J Gra hi Selby t aa

ments, to al umated wi H f Sheffi and Man¢ bur N ' 5 . t ind a lvar

Edinbu i Pert f Hu rsfield ar hef dio ,

Edit I iN t ! si l No Dunf brar lf 189 II und Ma esterra l

9 Str t devia l a : y and No. 1 rd branch ‘

oe 7 i ain ee }

uth railwa | Cooper brid branch and Ff os l lers i < va }

: ) 2 Inverness and Elgin ee : 44h St An 3 i 2 Ipswich, Norwich, and Yar ith y _

i ur Ipswich aud Bury St Edmund’s exte 1s l 26 | sions, Norw'ch and Ely exte ne

Ed ° oe } Iri-h North Midland : os

EK - 9 Irish G.eat Western ag : 5

} os 60 Kent atmospheric *

I 1 and Dorking Kinross junction (from N Edin- Exeter Great Western l, ) burgh, and Northern railway, to be

Exeter and Exmouth see oes 150 amalgamated with Edinburgh and Nortl Exeter and Yeovil . es . eri eee i > 17

Exeter, Yeovil, aud Dorchester . l, | Kilmarnock and Ayr direct Exeter, Topsham, and Exmou 120 K Imarnock and Troon iaas ; Eastern Uni igh to ( hest Kirkintilloch and Kilsyth | and Huntingd Bedford ext Killarney junction ... 33

imaigamated with Lynn and lly 2 Larne, Belfast, and Ballyt aimal- Ely and ry ; . ot 2 vnated with Belfast a ] _ 4

Preston, and We Riding Lanca e and N i Y y ion so = eee eve ) brat eee ove sins 603

Forth and Clyd nection oe Lan and Yorkshire North Ea 1 Forth and ¢ and Monkland navi- Sk 1 to Rip a

7-tion one ove ane ee oe Lancaster and ¢ le ( . Cale-

Furness (extensions) Dalton to Ulverston dor at Carlisle, and amalgamated with and Sand:ide to Brot ite : ) ] Lan r and Preston) no addit. capital

Furness and Windern ose ° 2 | Launceston and South Devon a 7

Galway and Kilkenny 1,000 | I oe ° General terminus and Glasgow harb L of levels:)—

railway awe eee oe 500 aoe s

Goole and Doncaster — 280 | * Glasgow southern terminal ove ° 180 | Le an 5 Glasgow, Airdrie,and Monklands junction 10 300 Li ] ter :— Glasgow, Dumfries, and Carlisle, with l, a =

branches (to be leased to Glasgow and 2. Deviation il branches ... ee

Ayr railway company) ... ove oe 96 1,200 Midland junctiou Glasgow harbour mineral ove — inction ooo 18 Glasgow and Belfast union be leased |

to Giasgow and Ayr railway company 4 800 | *h and deviation

Glasgow, Strz and Lesmah Ww 2 Hart}

direct ee o0e ove oo 350 { h ext n

ee

ength, Capital,

Shar es,

£ 7. ‘

1)

I

3,50

a0

80

1,50

1)

0

120

(

J

) (

Length. Capital. Miles,

Leeds central station... eve aes Leicester and Tamworth ose Leicester and birmingham ... Leicester and Bedford

Liverpool, Manchester, and Newcastle-on- ryne (with branches) eee

Liverpool, Ormskirk, and Preston

Liverpool and Preston, and Manches Southport (with branches)

Live and Bury (extension)

Liverpool and Leeds direct ... ‘on _— Liverpool, Manchester, and Stockport di-

eee ove oe

ter and

poo eee ove

rect eee eee eee eee eee eee

Liverpool and Bury and Manchester and Leeds amalgamation eee

Limerick, Ennis, and Killal ose eve London and South Western :—

No. 1. Epsom branch eee eee eee 2. Chertsey and Echam branch ...

3. Romsey and Redbridge branc}

4. Basingstoke to Salisbu 7 eve 5. Salisbury junction eee eee 6. Fareham and Alton branch eee 7. Hampton Court branch ... ove

8. | lon bridge extension eee

9. Amendment act. London and Brighton :—

No. 1. Dorking braneh ... eee eee

2. Wandsworth branch eee eee 3. East Grimstead branch ... eee

London and Birmingham :—

No. 1. St Alban’s and Luton branch ... 2. Newport Pagnell branch... eee 3. Weedon and Northampton ove 4. Coventry to Nuneaton eee 5. Euston and Camden stations en-

largement eee eve eee 6. Birmingham extension ... eve 7. Aylesbury railway purchase... $. Leamington extension, and Rugby

and Coventry stations enlargements

London and Croydon (Thames junct’o on branch enlargements)

London and Brighton, and London and Croydon amalgamation ... ace ese

London and Blackwall (widening) one London and York ° ose eee London and Oxford ... eee ove London, Hounslow, and Western ... J.ondon and South Essex ... ove I ndon, Newbury, and Bath eee eee

Lond Newbury, and Bath, direct eee Lond n and W indsor eve . ess London, Kidderminster, and W eedon (with

brane he s to Birmingham and Gloucester line)

London, Warwick, Leamington, and Kid- derminster ... oes eee eee oe

London, Salisbury, and Yeovil junction Salisbury to Yeovil) eee ove eee

Brist ind South Wales direct n, Birmingham, and Grand junction

ys ama mation = eee

ferry and Enniskillen ose ose I estoff and Beecles railway & drainage London and Birmingham extension to

Vorthampton, Daventry, Leamington, aud Warwick wes eve eve ove

Lyun and Ely, No.1, (extension to March)

2. (Spalding extension) I In, Wainfleet Haven, and Boston ... Lynvie V ey and South Wales junction

Lynn and Ely, Ely and Huntingdon, and Lyi im amalgamation eve

Manchest mingham (branches)...

‘ 4 ‘ t ] ore ore

‘a } inction eee °

Mancheste it Matlock, and Mid-

lands junction, with a branch to be leased to ¥ nd North Midland ese

Manchester, Shetticld, and Midland june-

tion eee eee eee ee

Manchester and Southampton (by Chelten- ha und Anc e! eee one oe

Manchester and Lincoln Union railway, and Chesterfield and Gainsborough canal

Manchester aud Hyde eee eve eee

Mavchester and Leeds branches, and

Station € irgements ere ere ase

Maldon, Witham, and Braintree ... eee Manche r, Midlan!, and Great Grimsby

Junction ae eee oe eee eee

Manchester, Bolton, add Bury canal navi- tion and railway (branches and exten- §ions eee eee eee eee eee

Ditt», ditto, and Manchester and Leeds railways (amalgamation) coe ove

Manchester and Birmingham continuation 14 Welsh junction . eee eee

Manx r, Lluddersfield, & Great Grims- by direct ee ove eee eee ove

Manchester and Bury atmo pheric ove

Mallow and Fermoy eee eee eee Manchester and Leeds and ane and

Bradford railways (amalgamat ) oo Midland, Barnsley, Sheffield, De wahent,

Leeds, aud Bradford ove ese eee

Mitcham and South Western eee ese

Midland and Eastern Counties (Cambridge to Weedon)

Midiand

No. 1. Syston ment

capital 2. Chesterfield to Newark ...

an | Peterborough amend- - Requires no additional

3. Nottingham to Mansfield eee

4. Ere wash Valley line eee ove

5. Oldham canal— Purchase eee 6. Newark to Gainsborough eee 7. Coal branches... eee eee 8. Birmingham extension ,.. eee %. Swinton to Lincoln eee ove

10. Leicester to Swannington extension on eee eee eee

11. Burton to Nuneaton with branches ... eee eee eee

21

4l

Thous, £500

1,250

1,300

2,000

600

1,500

433 1,700

300

90

BOO

114

140 100

300

125 270

250

500

000 nw

9v00

‘ 2,600

900

1,600

1,200

8o0

110

1,300

1,000

200

520 ‘ 275 92 «Jv

250

175

800

80

S40 \

RAILWAY MONITOR.

Length, Car

Miles, 7 Midland Great Western of Ireland:

No. 1. Extension, Mullingar to Galway 56 2. Longford to Sligo branch eee 3. Liffey branch eee ove ove

Mold junction eee ove eee eee Mountmellick junction . eee eee Monkland and Kirkintilloc h, and Slama-

non and Ballochney railways amalgama- thon ove ave eee ove °

Monmouthshire (to be amalgamated with Welsh Midlam.) ... eve ove ose

Monmouth and Hereford ... eee een Morayshire—Stotfield to Losiemouth ... 6 Morecomb bay harbour aud railway oe =. 293 Maccle-fie!d and Lichfield, or Churnet and

Blythe junction... . ous — Newmarket and Chesterfield, with a

branch to Cambridge eee eee oe |= Newcastle and Carlisle (branch) ... eco Newcastle-on-Tyne, Edinburgh and direct

Glasgow junction eee e ees Newcastle and Darlington (junction

branch), Thirsk to Walton, Pontop to South Shields branch ous ese eee 5

Newcastle and Berwick :— No. 1. Blyth to Bedlington branch 3 )

2. Extension to Warkworth harbour eee ee 3)

(To be amalgamated with Midl and C ounties.) North British

No. 1. Hawick branch ese 2. Gretna branch eon oe 2. Carlisle extension ... eee

North Staffordshire :-— No. 1. Churnet Valley line oes

. Potteries line eee oes eee Hardcastle and Sandbach ene

North w estern— Skipton to Lancaster North Union and Macclestield (with

branch) ove ° eee North Union ( Harwich br ancl i North and South junction (with branches) North Kent (from Waterloo bridge to

Dover, with branche) ... eee eee Norfolk

No. 1. Stowmarket, Wymondham, and Atueborough, and Dereham,

Wells, and Blakeney branches 2. Yarmouth extension and Thet-

ford and Reehan branches ittingham, Mansfield, and Midland junction

N

North of Norfolk eee eee eee North Gravesend ose eve ove ees

North Wales Mineral (deviation and branches) ... eee eos ese

North Devon ... oes eve ose eee Northampton, Banbury, and Cheltenham Northampton and Banbury Northampton and Bedford eee : Northumberland and Lancashire junction Northern and Southern Newry,

tion

Ne vry

N

connecting ose Armagh, and Londonderry

, Warrenpoint, and Rosstrevor Aberg wport, aveny, and Hereford (to

be amalgamated with Welsh Midland) New Ross and Carlow junction... eee Oldham district railway eee Oldham, nchester, Liverpool and Bir-

kenbead junction ... eee ose ove

Omagh, Dungannon, and Armag Belfast eee ose eee ee

Oxford, Coventry, and Burton on-Trent junction, oon eve eee eee

Oxford, Worce ester, and Wolverhampton extension os . :

Ox'ord, Southampton, Gosport, and Po

mot 1 ove . * eee

Oxford, Witney, C nha and Glou cester eee eee

Perth and Cri irect eee Perth and Inverness ee eee

Portbury pier a eee eee Preston and Wyre (Lougridge junction,

ec.) os eee eve

Preston and Ww yre and Darwen junction... Pollock and Govan and Clydesdale junc-

tion railways (amalgamation) ... eee Ruy sby and Stamford . eee

Rugby, Leamington,and Warwick Rugby and Hus tingdon eve ove

Richmond (Kew branch) ... ese ose Reading, Guilford, and Reigate... eos Runcorn aud Preston. Brook e es

Rochdale Canal and Mancl ester and Leeds railways amalgamation ... eee

South-Eastern No. 1. Waterloo road to Greeuwich rail-

Way wes one ose one 2. Greenwich railway to Chatham,

with branches to Sheerness, &ec. eve eve eee

3. Greenwich railway to Chart, near Ashford, with branches... eee

4. Godstone station to East Grind- stead eee eee ove

5. Rye to Rye harbour ces ° 6. Chislet to Margate eee eee a Tunbridge Wellsto Hastings and

Rye eee ove eee

8. Reigate to Dorking one ee ¥. Maidstone to Stroud, near Ro-

chester ... eve eee ons

10. Canterbury to Dover... ons South Lyf eee eee eee

. Hungerford branch eee . Noi:thamptou and Bedford line

South Staffordshire junction branches) ‘ ese

South Devon (| branches to Tavistoc ‘k, &e

(with

South Staffordshire junction (brauches, &e.):—

No. 2. Belston to Priestfield ... ee 3. Showhill and Portobello 4. Willenhall and Bloxwich

South Yorkshire railway and canal

15

120

——-.-——

91

414

\ 4a

pital.

hous. £ 600

250

1,000

on Jo0

54

770 x)

660

2,500

1,000

400

3,300

300 630

1,909

750

289

Length. Capita Miles. Thous..

South Union and Birmingham junction 20 £500 South Wales (branches, No. 2) ose South Devon (branches, No. 2 eee Sheffield, Rotherham, Barnsley, Wakefield,

Huddersfield, and Goole eee eee 1,000

Sheffield and Lincolnshire junction ove 32 550 Ditto extension ese eee eee

Shrewsbury and Herefordshire... ooo | 87 800 Shrewsbury and Hereford ove eve 1,000 Shrewsbury, Oswestry, and C hester junc-

tion ove eee ove ove ove 400 Shrewsbury extensions and deviations Shrewsbury and Birmingham eee ww. 614 2,200 Shrewsbury, Wolverhampton, and South

Staffordsbire one ese eee eee 700 Sheffield, Buxton, Leek, Potteries, and

Crewe ose ° ee ee 22 600 Sheffield, Ashton- under L yne, and Man-

chester eve eee eee ove eee

No. 1. Parnsley branch * 2. Whaleybridge and Hayfield |

branches eee eee eee

3. Dukinfield, Worsborough, and Glossop branches eco eve

4. Peak Forest and Macclesfield Juncuion eee oes ove |

Ashton canal—purchase ove | Shropshire union railways and canal ose |

No. 1. Shrewsbury and Stafford railway ) 2. Newton to Crewe railway ene - 5,400 3. Chester to Wolverhampton rail- j

way ete eee eee ese i Southampton and Dorchester ae . 500

Scottish Midland extension ae 300 | Surrey grand junctioh eve one eee §=46 322 | Scottish grand junction eee eve eee 130 Scottish Central :— |

No. 1. Crieff branch eee oe +8 ) 2. Denny branch eee 3 170 3. Alloa branch eee eee wu 8 , 4. Perth station and termini ose )

(This line leased to Edinburgh and Glasgow.)

Scottish Mi iland junction branches to Dunkeld, Kerramuir, and Blairgowrie 17 210 |

Do Perth terminus a aoe 30 (This line leased to Edinbu: gh and |

Glasgow) }

Sligo and Shanuou eee on ae 150 Stirlingshi:e Midland junction ae . Stirling and Dunfermline exe ww» Ad 600 St Helen’s canal and railway eee Staines and Richmond eee eee 10 140 | | Staines and Henley ... eee eee ° Slamannan and Borrowstones eve . Slamannan (branches) eee eee .

Somersetshire Midland ese ee ove 380 St Alban’s, Luton, and Dunstable ese Stamford and Spalding ose eee eee Swansea Vale eco eco eee ose Taw Vale extension ace eve oe 700 | Taff Vale a Nan one ese ae 4&6 192 Tenby, Sandersf ot, and South Wales... 250 Tean and Dove Valley and Eastern and

Western, with branches (Macclesfield | to Nuneaton aes ese eve 80 2,000 |

Templemore and Nenagh junction Thames haven dock railway one ese |

Lhetford, Bury St Edmund's, and New- market “ aus one ese we ae 400 |

Trent Valley, Midlands, and Grand junc- i} tion .. ose e eee eee { j

Trent Valley (branch to Alrewas) aa || lring, Reading, and Basingstoke (Tring }

to Sanderton = eee ese 41 700 |}

Ulverstone, Furness, and Lancaster 1 | Carlisie eve eee ose eee ee 00 0) ||

Vale of Neath ese eve one eee 00 !

Wakefiel Pontefract, and Goole, | (oran eee ore eee x {

Warwick and "Worcest Ecce eee ose #00 |} |

Warwickshire and London :— No. 1. Worcester and Weedon line 134 2,000

2. Hampton and Banbury line i West Riding union (to be amalg

with Leeds and Manchester)... eee ©6588 2,000 West of Scotland junctio NL see eve } Waveney Valley and Great Yarmouth os 463 409 | | West London (improvement and exten- }

sion) leased to London ,and Birming- | ham eee eee - 64 |

West Lanc shire ,or Liverpool, So uthport, }

and Preston junction ave ewe ene 300 | West Cornwall eco ose eee ese 00 Wear dock railway ... ove ove eee } Welsh Midland (Birmingham to Carmar-

then) eco eee eee eve oe 4,000 | Wexford, Carlow, and Dublin eee ew. 40 300 | Waterford and Tiamore... ese oe § 90 | — Wexford, Wicklow, and Dub- ‘

ene ove ai eee eee eee 150 2,000 Wes xford, Waterford, and Valentia eee 1,250 Windsor, Slough, and Staines atmos-

pheric eee eee eee ° eee 8 150 Wisbeach, St Ives, and Cambridg re e jun -

tion #... ose eee ose ese eee 300 Wishaw and Coltness (Greenhill branch)...

Wilsontown, Morningside, and Coltness ... No. l. Knowton branch ... ove ese No. 2. Improvement and branches eee

Wilts, Somerset, and Southampton junc- TIO. ave eve eee ove ese 350

Wilts, Som rset, and WwW eymouth extension Whitehaven and Furness junction (exten-

ston) eee eee eee 2 35

Worcester, He reford, Ross, and Gloucester 750

Worcester and Porthdynllaen ove ove York and North Midland :— No. 1. Leeds extension... eee ese ot

2. East Riding branches, No.1. «. Tit jy 959 3. Widening and enlarging eset | ; 4. Whitby and Pickerivg extension 11,

York and Lancaster eee ove ee 72 1,€04 York and Carlisle ° eon one eos 22 1,500

Total number of schemes es. 507

a aa a

290

ADVERTISEMENTS.

_ ous LIFE ASSURANCE COM- B ~~ PANY, 39 Throgmorton street, Bank.

Empowered by special Act of Parliament, 5 & 6 Will. IV> c. 76.

Thomas Farncomb, Esq. Alderman, Chairman.

William Leaf, Esq. Deputy Chairman.

Richard E. Arden, Fsq. |! J. Humphery, Esq. Ald. M.P. William Banbury, Esq. | Rupert Ingleby, Esq. Edward Bates, Esq. | Thomas Kelly, Esq. Ald. Thomas Camplin, Esq. Jeremiah Pilcher, Esq. James Clift, Esq. | Lewis Pocock, Esq.

Physician—Dr Jeaffreson, 2 Surgeon—W. Coulson, Esq. 2

Jewry. Consulting Actusry—Professor Hall, of King’s College.

Advantages of the Argus Life Assurance Company. Low Rates of Premiums.

Finsbury square. Frederick’s place, Old

to the subscribed capital of 300,000/, of the Company’s rapidly

Assurance Fund |

available Securiti

In addition

assured have the security } creasing Income, and an accumulating invested in Government and othe

1e estimated lia- of considerably larger amount than tl bilities of the Company.

} The Rates of Premium are reduced to the lowest scale /

compatible with the safety of the Assured | bility of the Company, reby, in effect, givi

policy holder an im and certain bonus without

risk, in lieu of the deferred and frequently delusive prospect of a periodical division of profits

ANNUAL PREMIUM TO ASSURE 100. sateen ecesncempemin ——a 4ge.| For one Year.' For Seven Years, Whole Term

iead , £2 ied 20 017 8 1 11 10

30 1 1 8 20 7 40 1 5 0 2 14 10

50 114 1 4 0ll i 60 3 2 4 6 010

One-third of whole-term llums may rema n- | paid per cent comp. int. as a debt it aicy for | may be paid off at any time without notic¢

In ance for advances of money, as secu f debts as a pr on for a family, when the least | present outlay is desirable, vi i rehens Tables the Argus Office will be found to be particu- | larly favourable to the assu

A Board of Directors, ¥ » Medical Officers, attend | daily at a quarter before 2 o’clock.

EDWARD BATES, Resident Director,

BRITAIN MUTUAL LIFE ASSURANCE SOCIETY.

( REAT 14, Waterloo Pla Loudon.

|

|

DIRECTORS. | The Chisholm, Chatrman.

William Mor ley, Esq., Deputy Chatrman. |

HALF CREDIT RATES OF PREMIUM. |

The attention of Assurers is particularly directe | the Half Credit Rates of Premit by which means |

debts secured surances may be effected, with least possible present outlay a less premium than for |

with the « nly,

d the differs on of paying up the arrears

the two rates a tween a .

thus I g entitled to parti ein the whole of ihe profil of the Institution.

EXTRACT FROM THE HALF CREDIT RATES OF PREMIUM.

Age 20 Age 30. Age 40. Age 50. » 60.

£s d Ze a £ad £eaa £sd | 017 0 i 1 8 2 210 $42

- — = _ — '

Thus £1,000 may be assured at the age of 30 by the | annual payment of £10 10s 10d for the first five years. |

The whole of the Profits divided ANNUALLY among the rs, after payment of five Annual Premiums.

An ample guaranteed Capital, in ad the Fund continually accumulating from Premiums fully sufficient:

complete security to the Policy Holders, | mbers Assured to the extent of £1,000 entitled

(after payment of tive Annual Premiums) to attend and

ition to

vote at all General Meetings, which will have the superin-

tendence and control of the funds and affairs of the

irticulars are detailed in the Prospectus, which, ry requisite information. may be obtained by n to A, BR. IRVINE, Managing Director.

\ BERNETHY’S PILLS for the 4 NERVES and MUSCLI The Proprietor of these Pills is a medical man. The brother of a patient of his applied to Mr Abernethy for advice ; he gave him

and these Pilis are prepared accurately rom that prescription. The patient’s complaint was a

nervous one, and it was utterly impossible for any one to be in a worse condition than he was; muscular power was lost in some parts, and his legs fairly tottered under him. He had a box of the pills prepared, and the

for not only did the

also

effects were all but miraculous, nervousness leave him, but muscular power returned to

parts deficient of it. The proprietor has since tried m on hundreds of his patients, and he can con-

isly state that their effects in restoring nervous gy and muscular power have quite astonished him.

rhe nervous invalid should lose no time in resorting to this truly wonderful medicine. They are so harmless that they may be administered with perfect safety to the

ai

scienti ene}

most delicate constitutions, as they do not contain a par- ticle of mercury, or any other poisonous ingredient. As before stated, their effects are all but miraculous—one box of them will prove the truth of this assertion. As regimen and diet are of the utmost consequence in all nervous disorders, the particulars, as recommended by

late Mr Abernethy in such complaints, will be en- losed round each box, price 486d. Appointed wholesale

and retail Agents for London :—C. King, Napier street, Hoxton New town ; Barclay and Sons, Farringdon street ; Edwards, St Paul's; Sutton, Bow Church yard; John- stone, 68 Cornhill ; Prout, 229 Strand; Hannay, 63, and Sanger, 150 Oxford street; Hallett, 38 High Holborn; Willoughby and Co., 61 Bishopsgate street without.

} the

THE ECONOMIST'S

JATENT WATCHES and CLOCKS.— E. J. DENT respectfully solicits from the public an

inspection of his extensive stock of WATCHES, which has been greatly increased to meet the demand at this season of the year. Youths’ Silver Watches 4 Guineas each ; excellent Silver Lever do. at 6 Guineas each ; Ladies’ Gold Watches 8 Guineas each. Dent’s manufacture is guaranteed to him by three separate Patents, granted in 1836, 1840, and 1842.

34 Royal Exchange, 82 Strand, $3 Cockspur street.

BRITISH AND FOREIGN ADVERTISING OFFICE,

21 CATHERINE STREET, STRAND.

pustic COMPANIES, Mercuants, SoLicirors, SurppinG Houses, and GENERAL AD-

VERTISERS Will find considerable advantage by forwarding their announcements to the above office, WILLIAM THOMAS having had, from his extensive experience, the opportunity of becoming acquainted with the best mediums for giving publicity to Professional and Com-

n al Advertisements, in all the English, Foreign, and Colonial Newspapers and Periodicals

W. T. having been appointed sole English agent for the JouRNAL bes Desats, La Presse, Le Constriru- TIONNEL, and LE SIEcLE, the united circulation of which exceeds 130,000 daily; and also fur LA SyLpruipe, L’ARTISTE, CHARIVARI, INDEPENDANCE BELGE, CHEMIN DE FeR BELGE, La REVUE DES DEUX MoNbes, L’ILLUs- TRATION, L’UNivers, L’ABEILLE LITTERAIRE, JOUR- NAL Des CuHasseuRS, &c., is enabled to ure the

prompt insertion of Advertisements, and to supply the pul ations, on advantageous terms, to parties residing in I of the United K dom and the Colonies, as

also every Journal 1 Peric ul published throughout FRANCE, GERMANY, IraLy, and SPAIN

In order to afford every facility to Advertisers and the Public, the above foreign publications are filed for inspection, as ll as pay from every part of ENGLAND, IRELAND, SCOTLAND, and Waters, which can be referred to on application. W. T. undertakes to forward, into the country or abroad, correct extracts, in every languay relating to Legal, Political, Literary, or Commercial Affairs, Next of Kin it Law, ths, Deaths, Mar- r s, &e. &« that ave appeared in any of the

Newspapers for past s publi l in t UNITED Kincpom or abroad.

I gn Corres and =D ents « ected “W G ent, ¢ al, L rary, Priva

Business, are tr lated; and negotiations effectec th

ngland or on the Contir ADVERTISERS resident in can have the letters addressed to this office, and t

ig the in the Regi rder, on entel sani

hat purpose.

Frencu LiIreRATURE Works « cted with Literature, the Arts, » the Drama, are

edi liately on the lication in Paris or the

Departments, a ri vy ir ation given respecting new works e press r

iA THIRD EDITION of THOMAS’S FRENCH PERIODICAL GUIDE is now 1 ice fd, containing of upwards of 600 hed in Pa d under their diffe ial beti cal « the prices attached be t ed

to al the United Kingdo ipt of eight-

THOMAS’S ENGLISH PERIODICAL GUIDE, containing a complete list ofall the Newspapers and Peri-

odicals publishe in English, Ireland, Scotland, and Wales, arranged on an ¢ rely new plan, is now prepar-

d will be rea

h Guide ing, a! rtly, turming a Companion to the

rene

WILLIAM THOMAS, GENERAL ADVERTISING

AGENT, 21 CATHERINE STREET. STRAND,

H OL

Extraordinary Cure in the West Indies, where Ulcers are 7 so difficult of cure

Extract of a Letter from John Martin, Esq., Chronicle Office, Tobago :—

TO PROFESSOR HOLLOWAY. Sir,—I beg to inform you that the inhabitants of this

Island, especially those who cannot afford to employ medical gentlemen, are very anxious of having your astonish-

ing Medicines within their reach, from the immense bene- fits some of them have derived from their nse, as they have been found here,in several cases, to cure Sores and Uleers of the most malignant and desperate kind. One

gentleman in this Island, who had, I believe, about fifty running ulcers about his legs, arms, and body, who had

tried all other Medicines before the arrival of yours, but all of which did him no good; but yours cured him ‘n about six weeks, and he is now, by their means alone, quite reatored to health and vigour

(Signed) Joun Martin, Chronicle Office, Tobago.

In all Diseases of the Skin, Bad Legs, Old Wounds and Ulcers, Bad Breasts, Sore Nipples, Stoney and Ulcerated Cancers, Tumours, Swellings. Gout, Rheumatism, and Lumbago, likewise in cases of Piles; the Pills, in all the above cases, ought to be used with the Ointment; as by these means cures will be effected with a much greater certainty, and in half the time that it would require by using the Ointment alone. The Ointment is proved to be a certain remedy for the bite of Meschettoes, Sand-flies,

Chiego-foot, Yaws, and Coco-bay Burns, Scalds, Chilblains, Chapped Hands aud Lips,

also Bunions and Soft Corns, will be immediately cured

by the use of the Ointment “THE PILLS are not only the finest remedy known

when used with the Ointment, but as a General Medicine there is nothiug to equal them. In nervous affections, as well as in all cases of general debility, or where there is a want of purity in the blood and fluids, they will insure HEALTH TO ALL!!

Sold by the Proprietor, 244, Strand (ncar Temble Bar), London, and by all respectable Venders of Patent Medi- cines throughout the Civilized World, in Pots and Boxes,

at Is 1$d., 2s. 9d., 4s. 6d.. 11s.,22s., and 33s. each. There is a very considerable saving in taking the larger sizes.

N.B.—Directions for the guidance of Patients are affixed to each Pot und Box.

‘ifty Ulcers cured on sia weeks by

LOWAY’S OINTME Des

[ Feb. 28, PERFECT SUBSTITUTE FOR

a SILVER.—The most effective imitation is in the spoons and forks that have a body of real silver plated over the British plate. So accurate and durable are these, that 20 years’ wear would not show that they were not real silver, and they do not cost one-quarter the price. The fact is, the interest of the money that would be paid for real silver will buy these things oftner than they are wanted. Prices of British Plate covered with real Silver —table spoons, per doz. 3/ 5s; dessert spoons, ditto, 2i 7s; teaspoons, ditto, 1/ 88; table forks, ditto, 3/; dessert forks, ditto, 2/ 5s; sugar tongs, per pair, 5s; Sauce ladles, each 6s; Gravy spoons, each 108; Soup ladies, euch 18s; fish knives, each 1/. They are manufactured exclusively for MECHI, 4 Leadenhall street, near the India house. The money will be returned to any purchaser who disapproves of them. A very large assortment of Plated Fruit and Dessert knives, real Sheffield P!ated Goods, Table Cutlery, small cutlery, and other matters connected with housekeepiug, of which catalogues may be had gratis.

JATRONISED BY HER MAJESTY “THE QUEEN,” and the ROYAL FAMILY of

GREAT BRITAIN, as well as the SEVERAL SOVE- REIGNS and COURTS of EUROPE.

ROWLAND’S ODONTSO, OR PEARL DENTIFRICE. POWDER FOR THE TEETH, compounded of i A Wuit:

the choicest and most Recherche Ingredients of the Ori-

ental Herbai; the leading requisites of cleanliness and

efficacy being present in the highest pessible degree. It extirpates all fariarous adhesions to the Teeth, and en- sures a PEARL-LIKE WHITENESs to the enamelled surface Its Anri-Sertic and ANTI-SCORBUTIC PROPERTIES €X- ercise a highly beneficial and salutary influence, the)

arrest the further progress of decay of the Teeth, induce a healthy action of the Gus, and cause them to assum the brightness and colour indicative of perfect s« ness while, by contirming their adhesion to the Treru, th give unlimited enjoyment and fresh zest to appetite, by perpetuating effective and complete mastication the BREATH also, from the salubrious and disinfecting quali ties of the ODONTO, attains a sweetness and fragrance

truly grateful to its possessor As the most efficient and fragrant aromatic purifier of

the Breatu, Teeri,and Gumsever known, ROWLAND’S ODONTO has for along series of years occupied a dis- tinguis 1 place at the botlets of the SOVEREIGNS

and the NOBILITY throughout Europe, while th ene-

ral demand for it at once announces the favour in which it is universally held,

Price 4 9d per box.

CavTion.—To protect the public from Fraud, The Hon. Commissioners of Stamps have directed Pro-

r rs’ name and address to be engraved on the Go- 1ent Stamp, thus

ROWLAND & SON, 20 Hatton Gard: Which is affixed on each box.

A

LAND’'S KALYDOR, ROW A ! itly Balsamic Preparation, as equally cele-

brated for its safety in application as for its mild and soothing operation, in thoroughly purifying the Skin of

all ExupTivE MALADIES, FRECKLEs, Tan, and Disco- LORATIONS; producing a healthy freshness and transpa

rency of COMPLEXION ; and an admired softness and deli- cacy on the Hanps, Arms, and Neck! GENTLEMEN after shaving will find it allay all irrita-

tion and tenderness of the Skin, and rer soft,

smooth, and pleasant. GaF Beware of SPURIOUS “ KALYDORS” for sale,

compe lof mineral astringents, utterly ruinous to the

complexion, by their repe action endangering health. It is imperative on purchasers to see that the words

*“ROWLAND’S KALYDOR” are on the ENVELOPE (un Engraving of juisite beauty, from a steel plate by Messrs Perkins, Bac and ( and that A. ROWLAND & SON, 20 Harton GARDEN, are graved (by authority) on the Government Stamp affixed on each bottle Price 4s 6d and 8s 6d per bottle. Sold by the Proprietors, and by Chemists and Perfumers &°> All other KALYDORS are Fraudulent Imita-

tions / !

mM,

AND ON THE SECRET INFIRMITIES OF YOUTH MATURITY.

COLOURED ENGRAVINGS WITH

Just Published, in a sealed envelope, price 2s 6d, or post paid, to any address, for 3s 6d in Postage Stamps, or

TWENTY-FIVE

Order,

‘ELF - PRESERVATION: A Medical ' Treatise on the Secret Infirmities and Disorders of Youth and Maturity. Illustrated with Twenty-tive Co- loured Ilates, on the Anatomy, Physiology, and Diseases of the Organs, explaining their various structures, uses, and functions, and shewing the injuries that are produced in them, by solitary habits, and excesses. With practical observations on the Treatmentof Nervous Debi- lity, Local and Constitutional Weakness, Syphilis, Stricture, Gonorrhcea, Gleet, &c.

By SAMUEL LA’MERT, Consulting Surgeon, 9, Bed- ford street, Bedford square, London, Matriculated Mem- ber of the University of Edinburgh, Honorary Member of the London Hospital Medical Society, Licentiate of Apo- thecaries’ Hall, London, &c., &c. “The author of this singular and talented work is a

legally qualified medical man, who has evidently had considerable experience in the treatment of the various disorders, arising from the follies and frailties of early in- discretion. The Engravings are an invaluable addition, by demonstrating the consequences of excesses, which must act as a salutary warning to youth and maturity and by its perusal, many questions may be satisfact« replied to, that admit of no appeal, even to the most fidential friend

other

"—ra.

Sold by 8S. Gilbert, 52 Paternoster row; Hannay 63 Oxford street ; Starie, 23 Tichborne street, Quad-

rand; by all Rooksellers.—At home from Nine till Two and from Five till Eight.

The work will be f- rwarded free, by post, to any ad-

dress, by enclosing 3s 6d in postage stamps to the Author’s residence, 9 bedford street, Bedford square, London.

1846. ] . DUNN'S fine ARGAND LAMP

OIL no alteration of lamps or glasses is required. The high price of sperm oil has nearly caused the elegant table and other lamps made on the Argand principle to be laid aside. The Argand lamp oil is confidently offered to the public as equal to sperm oil; it burns with a clear bright flame, without smoke or smell, does not ob- struct the tudes of the lamps so much as the best sperm oil, with the advantage that it will not chill with the

cold; it also consumes much slower than sperm or other oils, consequently it is not more than half the expense of sperm oil, and for solar lamps has been proved by experience to be cheaper than the common oil, without the

offensive smell; also, for the French fountain lamps, where purity is so essential. Half a gallon or upwards will be delivered five miles, as atrial of the advantage and economy of using the Argand lamp oil. Cash price, 4s 6d per gallon. Sold by John Dunn, oil warehouse, 5Y Cannon-street, city. N.B. From the great satisfaction this oil has given during the last six years, J. D. is anxious to assure the public it is only to be obtained at his warehouse, as aoove, as the same name has been assumed for oils of a widely different character.

PALMAM QUI MERUIL FERAT.

G H. WARDALE and Co.’s Unadul- WT. terated Preparations PickLEs. —Prepared with the finest malt vinegar, and

entirely free from pyroligneous acid and all other deleterious ingredients. Sauces —Rich, full-flavoured, and p'quant, including

their highly approved Marins Sauce, for roast beef and mutton.

BotrLep Fruirs.—Consisting of the finest fruits, pre- eerved with the fu!l aroma, and free from those injurious ingredients too frequently used to produce an appearance which would otherwise have yielded to the heat employed, and which,at the same time, destroys tlie flavour of the fruit.

Jams, Je_ures, and MarMALADEs.—Prepared with the best fraits, and entirely free from adu\teration and everything of an injurious nature.

PuRIFIED Syrup oF Lemons, or CONCENTRATED LE- MONAD®.—An agreeable cooling and refreshing beverage, alike suitable for persons in health and invalids whose thirst is excited by fever, and is at the same time a suitable auxiliary in the manufacture of excellent punch.

Brack Currant VineGar.—A preparation highly beneficial in cases of coughs, colds, sore throats, and other inflammatory complaints. CONCENTRATED Essences or Spices, HWerns, &ce.—

A cheap, cenvenient, and expeditious medium for flavouring custards, jellies, puddings, hashes, stews, &c.

Warehouse, 38 St Mary-Axe, Lendon. N.B.—G. H. W. and Co.'s goo?s are all labelled and

sealed with their names, without which their genuine-

ness cannot be guaranteed

YEORGE and JOHN DEANE, Sap- DLERSs and HARNESS MAKERS, invite

heir GIG, TANDEM, and CARRIAGE

manufactured on their own premises, by

much experience, and under the direction of forem } superior ability and skill | dressed by first-rate London ¢

attention to

HARNESS,

n of Their leather is invariably urriers, the furniture

of the best town manufacture, and G, and J rant that the productions of their manufactory cannot be surpassed for beauty, strength, and cheapness, by any other house. Horse clothing made to order; canteens of

best seasoned wood Deane’s London-made whips, and

all articles for stable and travelling use in large variety

No. 2 Arthur street east, opening to the Monument, London bridge.

oe PERFECT SUBSTITUTE FOR SILVER.—The high estimate formed by the

public during the ten years

RIPPON AND BURTON'S

Chemically purified material has been before it (made into every useful and ornamental article usually made in silver, possessing, as it does, the characteristic purity and durability of silver), has called into existence the deleterious compounds of “ Albata Plate,”’ “ Berlin Silver,” and other so-called substitutes; they are at best

but bad imitations of the genuine articles manufactured,

with the view of satisfying the purchaser, by Rippon and Burton, and sold only by them.

Fidd/e Threaded King’s Table Spoons and Forks, full Patirn. Pattern. Patirn.

size, per dozen 12s Od 28s Od 30s Od Dessert ditto and ditto, ditto 10 0 21 25 0

Tea diito and ditto, ditto 5 0 Il 2 0 Gravy ditto ... 3.0 6 0

NICKEL-ELECTRO-PLATED. The REAL NICKEL SILVER, introduced and

made only by Rippon and Burton, when plated by the patent process of Messrs ELKINGTON aND Co., is beyond all comparison the very best article, next to sterling silver, that can be employed as sucl: either usefully oro namentally. In the lengthened and increasing po- pularity of the material itself, and the high character of the method of plating, the public have a guarantee that the articles sold by Rippon and Burton (and by them only) are, as it regards wear, immeasurably superior to what can be supplied at any other house, while by no possible test can they be distinguished from real silver.

Fiddle. Thread. King's. Teaspoons per dOZeN sree 189. serves 328, seeves B88. Dessert Forks 5, svsves 30 csevee 46 cveree 58 Dessert Spoons ,, seers 30 ovsere 5B —evvnee 62 Table Forks 99 ont SO ccs GB cctvee TS Table Spoons ,, eoseve GO ccocce FR ccccee OD Tea and coffee sets, waiters, candlesticks, &c. at pro-

portionate prices. Al) kinds of re-plating done by the patent provess. Detailed catalogues with engravings, as well as of every ironmongery article, sent (per post) free,

salso

Deane war-

RIPLON AND BURTON'S STOCK OF General Furnishing Ironmongery is literally the largest in the world, They regret they cannot employ any language which will convey an adequate impression of its variety and extent; they therefore invite purchasers to calland inspeet it. Rtrron anp Burton, 39 Oxford street (corner of Newman street). Established in Wells street, 1820.

‘<<tss seuss lll lll Cl lll lll lll lll lll lll LLL Ln

workmen of

RAILWAY MONITOR.

UNIVERSAL LAMP DEPOT, 41 and 42 Barbican, and 16 Norton Folgate, London.—

The unrivalled success which attended Watson’s Paragon Camphine last year, and the additional improvements that have since been added, now render it pre-eminent over every other spirit lamp. It affords the most soft and agreeable light imaginable, and at so cheap a rate, that one halfpenny per hour will cover the cost of light equal to that of eight mould candles. There is no smell

no smoke—no smut, from the use of this lamp. In fact, too much cannot be said in its praise. The pure Camphine Spirit (tested and reported on by Dr Ure) is sold at 4s the gallon, and delivered, free of expense, by C,. Wartson’s Vans, daily, inevery part of London. Also each variety of Palmer's Candle Lamp, and Candles for thesame. Address, C. WaTson, 41 and 42 Barbican, and 16 Norton Folgate, London.

UNDER THE PATRONAGE OF ROYALTY AND THE AUTHORITY OF THE FACULTY.

K EATING'S COUGH LOZENGES.— . A remedy for all disorders of the Pulmonary Organs—in difficulty of breathing—in redundancy of phlegm—in incipient consumption (of which cough is the most positive indication) they are of unerring efficacy.— In asthma, and in winter cough, they have been seldom known to fail.

Keating’s Cough Lozenges are free from every deleterious ingredient; they may, therefore, be taken at all times, by the most delicate female and by the youngest child; while the public speaker and the professional singer will find them invaluable in allaying the hoarse- ness and irritation incidental to vocal execution, and consequently a powerful auxiliary in the production of melodious enunciation.

Prepared and sold in boxes, Is 14d, and tins, 4s 6d, and 10s 6d each, by Tuomas KEATING, &c., No. 79 St Paul’s Church yard, London.

Sir,—I should feel extremely obliged to you if you would send me a tin of your most excellent Lozenges, for having tried them, I find they are the best remedy for cough that can pessibly be had; this I can testify from experience, for I have been troubled with a most violent cough for many years; and have tried many things, but without any benefit, until I met with your Lozenges, and they afforded me instant relief.—-I remain, sir, yours truly, HENRY WOODERSON.

1 North Feltham place, near Hounslow, Feb. 12, 1845 To Mr Keating, St Paul's.

28 94d, chemist,

- ~———- see

JERFECT FREEDOM from COUGHS in TEN MINUTES after use is

LOCUCK’S PULMONIC WAFERS From Mr C. F Ladbury, Surgeon.

** Wednesbury, Sept. 6, 1845 **Gentlemen,—I have proved your pulmonic wafers to

be most efficaciousin all pulmonary affections, and a powerful sedative in diseases of the heart. The combi- nation I consider especially good, as it relieves without producing any ofthe unpleasant sensations in the head so generally caused by all other anodyne and cough medicines (Signed) “F.C. Lapsvry.”

Dr LOCOCK’S WAFERS give instant relief, and a

rapid cure of Asthmas, Coughs, and all disorders of the breath and lungs.

lo SINGERS and PUBLIC SPEAKERS they are invaluable for clearing and strengthening the

have a most pleasant taste. per box.

Avents: DA SILVA and CO., 1 Bride lane, Fleet street,

London ; and sold by all Medicine Venders.

insured by Dr

voice ; they

Price 1s 14d, 2s 9d, and IIs

CURTIS on MENTAL anp GENERATIVE DISEASES.

Just published,a MEDICAL WORK, ina sealed envelope, at 3s, and sent, poss paid, for 8s Gd,

\ ANHOOD: the causes of its premature 4 decline, with plain directions for its perfect resto- ration, addressed to those suffering from nervous debility or mental irritation, followed by observations on Mar- RIAGE, NERVOUSNESS, and the treatment of diseases of the generative system, illustrated with cases, &c. By J. L. CURTIS and CO., Consulting Surgeons, 7 Frith street, Soho square, London.

Twenty-sixth Thousand. Published by the authors, and may be had at their re-

sidence ; also sold by Strange, 21 Paternoster row; Bur- gess, medical bookseller, 28 Coventry street, Haymar- ket; Hannay, 63 Oxford street; Mann, 39 Cornhill, London: Guest, 51 Bull street, Birmingham; Hobson, 5

Market street, Leeds; Allen, Long row, Nottingham ; T. Sowler, 4 St Anne’s square, Manchester; G. Philip, South Castle street, Liverpool; Cook, Chronicle office, Oxford ; Smith, Rose crescent, and at the office of the Independent Press, Cambridge ; Clancy, 6 Bedford row, Dublin ; Henderson, Castle place, Belfast; W. and H. Robinson, booksellers, Greenside street, Edinburgh; Love, 5 Nelson street, Glasgow; and sold, in @ sealed envelope, by all booksellers.

Curtis on Mannoop should be in the hands of youth and old age. It is a medical publication, ably written,

and develops the treatment of a class of painful maladies which has too long been the prey of the illiterate and designing.— United Service Gazetie.

Messrs CURTIS and Co. are to be consulted daily, at their residence, No. 7 FRITH STREET, SOHO SQUARE, LONDON.

Country patients are requested to be as minute as possible in the detail of their cases. The communication must be accompanied by the usual consultation fee of 1/, and in all casesinviolable secrecy may be relied on.

CAUTION.—In consequence of the numerous complaints made to the authors by patients who have been induced to purchase spurious copies of this work, advertised by illiterate pretenders, under titles imitating as

closely as possible the word “ MANHOOD,” Patrents are informed they can have this work forwarded them, by ini- tial or otherwise, to any address, pirecT from the Author's Residence, on remitting 3s 6d in postage stamps. They are also particularly requested to notice in the preface, pages 5 and 6, the official declarations made before the Lord Mayor of London, on the 6th of April, 1844, proving the number printed, beund, and sold since May, 1840, which will prevent disappointment, and secure the original.

291 —

NV ETCALFE’S NEW PATTERN, TOOTH BRUSH and SMYRNA SPONGES.—The

Tooth Brush has the important advantage of searching thoroughly into the divisions of the teeth, and cleaning them in the most effectual and extraordinary manner, and is famous for the hairs not coming loose, 1s. Anim- proved Clothes Brush, that cleans in a third part of the usual time, and incapable of injuring the finest nap. Penetrating Hair Brushes, with the durable unbleached Russia bristle, which do not soften like common hair. Flesh Brushes of improved graduated and powerful fric- tion. Velvet Brushes, which act in the most suprising and successful manner. The genuine Smyrna Sponge, with its preserved valuable properties of absorption, vi- tality, and durability, by means of direct importations, dispensing with all intermediate parties’ profits and destructive bleaching, and securing the luxury of a genuine Smyrna Sponge. Only at Metcalfe’s (130 p Oxford street, one door from Holles street). & > Beware of the words, “‘ from Metcalfe’s,” adopted

by some houses.

THE NEW TOOTH-BRUSH, made on the most scientific principle, thoroughly cleaning

between the teeth when used up and down, and polishing the surface when used crossways. This brush so entirely enters between the closest teeth, that the inventors have decided npon naming it the toothpick brush, therefore ask for it under that name, marked and numbered as under— viz. full-sized brushes, marked T. P. W., No. 1, hard; No. 2, less hard ; No. 3, middling; No. 4, soft; the nar - row brushes, mark T. P. N., No. 5, hard; No. 6, less hard; No.7, middling; No. 8, soft. These inimitable brushes are only to be had at ROSS and SONS’, and they warrant the hair never to come out, at 1s each, or 10s per dozen in bone, and 2s each or 21s per dozen in ivory

THE ATRAPILATORY, orn LIQUID HAIR DYE: the only dye that really answers for all colours, and does not require re-doing but as the hair grows, as it never fades or acquires that unnatural red or purple tint common to all other dyes. ROSS and SONS’ can, with the greatest confidence, recommend the above dye as infal- lible, if done at their establishment ; and ladies or gentlemen requiring it are requested to bring a friend or ser- vant with them to see how it is used, which will enable them to do it afterwards without the chance of failure. Several private apartments devoted entirely tothe above purpose, and some of their establishment having used it, the effect produced can be at once seen. They think it necessary to add, that by attending strictly to the instructions given with each bottle ofdye, numerous persons have succeeded equally well without coming to them.

Address ROSS and SONS’, 119 and 120 Bishopsgate street, the celebrated Perruquiers, Perfumers, Hair-cut- ters, and Hair-dyers. N.B.—Parties attended at their own residence, whatever

the distance.

S! LVER SUPERSEDED, and _ those ' corrosive and injurious Metals, called Nickel and German Silver, supplanted by the introduction of a new and perfectly matehless ALBATA PLATE

C. Watson, 41 & 42 Barsican, and 16 Norton FoLGATE, aided by a persen of Science in the amalgamation of Metals, has succeeded in bringing to Public Notice the most beautiful Article ever yet offered, possessing all the richness of Silver in appearance with all its durability and hardness—with its perfect sweetness in use, undergoing, as it does, a Chemical Process, by which all that is nauseous in mixed Metals is entirely extracted—resisting all Acids—may be cleaned as Silver, and is manufactured into every article for the Table and Sideboard.

Table Spoons and Forks, Fiddle Dessert Ditto Ditto Tea Spoons ove eee Sugar Tongs eee ad

Thdd. 30s King's 35s Do. 25s Do. 283

Do. 125 6d Do. 13s 6d Do 3s Do. 3s 6d

C. Watson begs the Public will understand that this Metal is peculiarly his own, and tkat Silver is not more different from Gold than his Metal is from all others. On its intrinsic merit alone he wishes it to be tested,

and from the daily increasing eulogiums he receives, he is convinced that nothing can prevent its becoming an article of universal wear. C. Watson's ILLvus- TRATED CATALOGUE and PRICE CURRENT is just published, and Families who regard economy and elegance should possess themselves of this useful book, which may be had gratis, and post free, from the above address.

Paper Tea Trays, 35s set of three.—Tea Urns, 35s five quart.—Ivory Table Knives, lls per doz.— Desserts, 9s- —Carvers, 48 6d per pair.

Tr HE SILENT FRIEND, a_ medical work on physical decay, nervous debility, constitu-

tional weakness, &c. By R. and L. Perry and Co,, surgeons, London. Published by the authors, and sold at their residence; also by Strange, 2! Paternoster row.

Hannay and Co., 63 Oxford street; Sanger, 150 Oxford street ; Noble, 109 Chancery lane ; Gordon, 146 Leaden- hall street ; Purkiss, Compton street, Soho, London. “The perspicuous style in which this book is written

cannot fail to recommend toit a careful perusal.”— Era. “ This work should be read by all who value health and

wish to enjoy life, for the truisms therein contained defy all doubt.— Farmers’ Journal.

The Cornp1aL Baut™ of SyrtaAcvum is a stimulant and renovator 1n all spasmodic complaints. Nervous debility, indigestion, asthma, and consumption, are gradually and imperceptibly removed by its use, and the whole system restored to a healthy state of organization. Sold in bottles, price Ils and 33s. The ConcenTRATED DETERSIVE Essence for removing cutaneous eruptions, scurvy, scro- fula, pimples on the face, §c. Price 11s and 33s per bottle. Perry's Purtryine Speciric PILxs, (price 2s 9d, 4s 6d, and 11s per box,) for inflammation, irritation, &c. These pills are free from mercury and other deleterious drugs, and may be taken without interference with or loss of time from business, and can be relied upon in every instance. Messrs Pennryand Co. may be consulted at their residence, 19 Berners street, Oxford street, daily, from 11 till 2, and 5 till8; and at 106 Duke street, Liverpool, every Thursday, Friday, and Saturday; and 10 St John street, Deansgate, Manchester, on Mondays, Tuesdays, and Wednesdays. On Sundays from 10 to 12.

16s 6d per doz, 12s 6d —

53s 6d am

ls 3d

292 THE ECONOMIST. (Feb. 28, 1846. W ANTED, in exchange for the Leeds

Mercury, the ECONOMIST weekly. Apply to Mr TAYLOR, Bookseller,

Bradford, Yorkshire.

EARD and LEDGARD, STOCK and SHAREBROKERS,

NEWALL’S BUILDINGS, MANCHESTER. All Scrip transactions for Cash.

Just published, demy 8vo, price 10s 6d cloth,

YHE PHILOSOPHY OF TRADE, or Outlines of a Theory of Profits and Prices; in-

cluding an Examination of the Principles which deter- mine the Relative Value of Corn, Labour, and Currency.

By PATRICK JAMES STIRLING. Oliver and Boyd, Edinburgh. Simpkin, Marshall, and

Co., London.

Ty" LE

CONTENTS:

1. THE BRITISH SOLDIER—MILITARY TRAIN- ING.

. HISTORICAL ROMANCE.

. MEDICAL PULICE,

. DALTON. TRANSFER of LANDED PROPERTY. AFFAIRS of NEW ZEALAND. With Map. ABOLITION of PROTECTIUN—STATE of PAR- TIES.

& CRITICAL and MISCELLANEOUS NOTICES. George Luxford, 1 Whitefriars street, Fieet street.

This day is published, x

WESTMINSTER REVIEW, No. LXXXVIJI, for March.

NOW Oh

ONDON & WESTMINSTER BANK. — Notice is hereby given, that the ANNUAL

GENERAL MEETING of the Proprietors of this Com- pany will. be held at the Bank, in Lothbury, on Wed- nesday, the 4th day of March next, at One o’Clock precisely, to declare a dividend, and for other purposes.

Atthis Meeting, Joseph Esdaile, Esq., Jolin Stewart, Esq., M.P., and Sir John Kirkland, retire by rotation, but, being eligible for re-election, offer themselves accordingly. By order of the Board,

JAMES WILLIAM GILBART, General Manager. Lothbury, Jan. 21, 1846. The Transfer Books will be Closed to prepare for the

dividend from 17th February to loth March.

NUANO for SALE, in Bags of One Cwt. each, Peruvian and African, just landed, with a

succession of cargoes to arrive.—Successive years’ experience has unquestionably proved that genuine Guano is the simplest, cheapest, and best manure within the reach of the agriculturist. The only reasonable anxiety which now remains is to procure the Guano unadulterated, and to obtain such practical directions for using the manure as shall fully develope its productive powers. To secure to buyers these indispensable requisites, with each purchase will be given a warranted chemical analysis of quality, and also a copy of the recently published pam- phiet, “ Practical Instructions for using Guano as a Ma- nure, illustrated by Practical Results.” Large parcels will be delivered direct from the ship or water-side premises. Smaller quantities may be had at the Warehouses, 24 and 25 Billiter street, or delivered within a reasonable distance, at a trifling additional cost. Apply to JAMES CLARK, 24 Billiter street, London.

YEBROWS, MOUSTACHES, AND _4 WHISKERS produced in a few weeks by using an

essential Spirit drawn from choice Aromatic Herbs, the peculiar properties of which are known only to the In- ventor, and, although perfectly innocent jin itself, wiLt PRODUCE NEW HAIR ON BALD PLACEs, caused by weakness of constitution, or where nature has not bestowed this ornament of the human figure. It has been known to many ofthe nobility and gentry upwards of eleven years, some of whom the Inventor most;sincerely thanks for their attestation of its merits, in the certainty of restoring Hair and giving it ADDITIONAL LUSTRE AND STRENGTH ; its virtues are manifold—it prevents the Hair from falling off or turning grey, a few drops on the crown of the head will remove the most distressing pain in that part produced by or attended with faintness; a-d is acknowledged by the faculty as the only specific known to cure that disease of the head called Porrigo de calvans (which causes the Hair to come off in patches); a few applications remove Dandriff. This wonderful discovery is fully explained in a pamphlet containing testimonials to its regenerating new Hair upon bald places, entitled ‘“‘ Three Minutes’ Advice on the Growth and Preservation of the Human Hair,” by W. Grimstone, inventor of the Aromatic Rege- nerator for the Growth of the Human Hair, and a certain preventive of Head-ache and Fainting ; also a toilet Per- fume—bearing the Inventor's signature, Herbary, High- gate, near London. Sold only in triangular bottles, with name, &c., &c., cast thereon, at 4s, 7s, and 11s each, Go- vernment stamp included. Wholesale and retail by all chemists, druggists, and perfumers, and by especial appointment

The following Agents for London :— Messrs Savory and Moore, Chemists and Druggists, Re-

geut street and New Bond street. Messrs Fisher aud Toller, Chemists,

Bond street. J. Sanger, Chemist, &c., 150, Oxford street. Messrs Hannay aud Co., Chemists, &c., 63, Oxford street. Messrs Barclay and Son, Patent Medicine Warehouse,

Farringdon street. Thos. Keating, Chemist, 79, St Paul’s Church yard. E. Edwards, Patent Medicine Warchouse, 67, St Paul's Church yard. T. Butler, Patent Medicine Warehouse, 4, Cheapside. Messrs W. Sutton and Co., Patent Medicine Warehouse, Bow Church yard.

2. Johnson, Patent Medicine Warehouse, 68, Cornhill. Messrs Langton, Brothers, and Scott, Wholesale Drug-

gists, 225 and 226, Thames street. Messrs Drew and Hayward, Wholesale Druggists, Great

Trinity lane.

Conduit street,

For Edinburgh :— Messrs J. & R. Raimes & Co., Druggists, &. Leith walk.

1 =A.—Should this meet the eye of e G.A., who left his residence in Southwark on

Sunday Morning the 15th instant, for the Euston square tailway Station, he is earnestly entreated to communi-

cate immediately with his friends, as all difficulties contemplated by his absence have been satisfactorily arranged,—Feb. 27th, 1846.

I OYAL POLYTECHNIC INSTITU- TION.—Lectures on CHEMISTRY, with brilliant

Experiments, by Mr Ryan, daily, at half-past three, and on the evenings of Mondays, Wednesdays, and Fridays, at nine o'clock. During Lent a series of Lectures on AS- TRONOMY, by Dr Bachhoffner, on the mornings and evenings of Mondays, Wednesdays, and Fridays, illustrated by a beautiful DISSOLVING ORRERY, accompanied by Dr Wallace on Groves’s MELODIAN, a new Musical Instrument, and on Braby’s CALOTONE. A daily Lecture on the ATMOSPHERIC RAILWAY, illustrated by a Working Model carrying Visitors A new and powerful Working Model of COLEMAN'S PATENT LOCOMOTIVE ENGINE, which ascends and descends Inclined Planes with one or more Passengers. The PHYSIOSCOPE, OPAQUE MICROSCOPE, DISSOLYV- ING VIEWS, CHROMATROPE, &c. Experiments with the DIVING BELL and DIVER.— Open from Eleven to Half-past Five, and from Seven to Half-past Ten. Ad- mission One Shilling. Schools Half-price.

a. HE PANKLIBANON IRON WORKS.—Grerat Western Emporium for

Stove Grates, Kitchen Rances, Fenpens, Fire Irnoxs, GENERAL FURNISHING I[RONMONGERY, tried Copper, Iron and best Tin Cooking Vessels, Best Shef-

R EGULAR LINE of PACKETS between LONDON and

NEW YORK, These Ships will sail punctually, as

follows :—

| Date of Sailing from

London,

| ! 1 Jan | 1 May} | Sept

Ships, and Captains’ Names,

Wellington, D. Chadwick......... Hendrik Hudson, G. Moore....../10 10 j16 Prince Albert, W. 8, Sebor ...... 20 20 }20 Toronto, KE. G. Tinker ....00.0000 1 Feb) 1 June} 1 Oct Westminsler, HW. R. Hovey ....../10 10 10 St James, F. R. Meyer .........++. 20 20 120 Northumberland,R.H.Griswold 1 Mar 1 July} 1 Nov Gladiator, RQ. L. Bunting 0... 10 10 ite Mediator, 1. Pratt .......006 20 20 1/20

- LApril 1 Aug! 1 10 10 10

20 20 20

Switzerland, E. Knight.... Dec Quebec, F. H. Hebard

Victoria, E. E. Morgan

Goods must be alongside and cleared two days previous to the above dates, and they will sail from Ports-

mouth on the 3rd, 13th, and 23rd of the respective monthe.

The freight on all single packages to be paid in London. The above ships average about 900 tons register, are

elegantly and commodiously fitted for passengers, to whose comfurt and convenience every attention will be paid. They will sail punctually on the days named.

For terms of freight or passage apply to the respective commanders, on board, in the St Katharine’s dock ; to Messrs Baring, Brothers, and Co., merchants, 8 Bishops- gate street Within ; or to Phillipps and Tiplady, 3 George

field Plate and Table Cutlery, Japanned Trays, Tea Urns, Ornamental Iron and Wire Works for Verandahs, Lawns, &c., Flower Stands. Every article is warranted, and marked at the lowest prices in plain figures, for Cash. Adjoining the Royal Bazaar, 58 Baker street, Portman square.

In ev'ry age, by ev’ry nation, Beauty is view'd with admiration, And persons never shut their eyes When beauteous forms before them rise. Beauty’s attractions ever strike Ladies and gentlemen alike. Yes !—wheresoever Beauty decks, It charms the sight of either sex. Though Nature only can impart, Beauty may be improved by Art; And, when the form is choicely deck’d— Dress does a deal in this respect — When once the figure’s well attir'd You’re almost sure to be admired. MOSES and SON have done their duty In adding, or improving Beauty. The garments which these tailors sell Will make you look extremely well— Grace they impart to all who wear, And give a gentlemanly air. Then, reader, is it not your duty To patronise the Mart of Beauty ? Yes! MOSES’ House deserves your aid, Being the choicest in the trade. The beauty which this mart discloses Claims boundless patronage for MOSES.

The new work, entitled the ‘* Habiliment Hall,” with full directions for self-measurement, may be had on application or forwarded post-free.

LIST OF PRICES.

READY MADE. a Reaver Taglionis ... sis ane 08 6 Ditto, Chesterfields or Codringtons 10 6 D’Orsays, Athols, Pembroke, and every de-

scription of winter coats ... one 1 5 0 Boys’ winter coats, in every style, from 0 8 6 Winter trousers, lined o00 ove 0 4 6 Ditto, doeskin ooo aes ese 010 6 Dress coats, edged eee eee 1 0 0 Frock ditto, ditto ... eco 1 5 toll collar vests... oe ese 0 Double-breasted ditto ooo ove 0 Boys’ hussar and tunic suits ooo 0 Winter trousers... ove ese 0

0 Vests one eee eee eve

MADE TO MEASURE. Winter eoats in every style, handsomely trimmed eee ove ose : =e

Milled cloth great coats, velvet collar and cuffs... eee eee ose 112 0

Tweed wrappers... ove ove 018 6 Ditto trousers ee “e ace 08 6 Winter trousers, in all the new patterns 012 0 Doeskin trousers ... ace ave 0610 6 Best or dress trousers wee aoe 160 Dress coats os eee ove 112 0 Ditto, best quality made... oe 215 0 Frock coats oo ooo ° 113 0 Ditto, best made ... ooo ese 33 0

Cashmere vests... ese ose 0 8 6 Satin, plain or fancy ove ow 012 0 Boys’ hussar and tunic suits ove 1 6 6

0 14 0

be had at five minutes’ Great coats ove ose Mourning to any extent can

notice.

ImporTanT.—Any article purchased or ordered, if not approved of, exchanged, or the money returned.

OspsERvVE—E. MOSES and SON, Tailors, Wholesale and Retail Woollen Drapers, Outfitters, and General Warehousemen, 154 Minories, and 86 Aldgate, City, opposite the Church.

Cavution.—E. Moses and Son are obliged to guard the public against imposition, having learned that the un- tradesman-like falsehood of “* being connected with them,” or, “it is the same concern,” has been resorted to in many instances, and for obvious reasons, They have no connection with any other house, in or out of London; and those who desire genuine cheap clothing should (to prevent disappointment, &c.) call at, or send to, 154 Mi- nories, or 86 Aldgate, opposite the Church.

Several boys wanted as cashicrs. No premium required.

Minories and Aldgate, City, London.

-—wsr we

cacsco

Lee ee

yard, Lombard street. Agents at Portsmouth, Messrs Garratt and Gibbon,

Priseof Cabin Passage £25, withoul wine, spirils, or beer,

i" EAM to CEYLON, KD MADRAS, and CALCUTTA, via

© Egypt.—Regular Monthly MailSteam Conveyance for Passengers and Light

Goods.—The Peninsular and Oriental Steam Navigation Company Book Passengers and Receive Goods and Par- cels for the above Ports by their Steamers, starting from Southampton the 20th, and from Suez on orabout the 10th of every month. Forrates of passage money, plans of the steamers, and to secure passages, apply at the Company's Offices, 51 St Mary Axe, London.

TEAM to CHINA.— WO Regular Monthly Steam Commu- nication for Passengers and Light Goods to PENANG, SINGAPORE,

and HONG-KONG, via Egypt.—The Peninsular and Oriental Steam Navigation Company BOOK PASSEN- GERS to the above Ports from Southampton the 20th of every month. For particulars, apply at the Company's Offices, 51 St Mary Axe, London, or 57 High street, Southampton.

LONDON, No. 52, OPPOSITE THE BRIT!SH MUSEUM.

Established 70 Years

rp HOS. HARRIS and SON, OPTICIANS to the Royal Family, having effected many valu-

able improvements in the manufacture of Spectacles, they guarantee (without fear of disappointment) to suit every kind of sight, if informed of these particulars, viz , the age of the person—for what purpose spectacles are required, at What distance without glasses the person can best see—ifl spectacles lave ever been used, and for what period. T. H. and Son’s spectacles do not at all disfigure the face, and being composed of pure cRYSTALs are the most efficient for PaeserviING the sight. The price for Ladies, Gold, 48s—Silver, 22s —bes: Steel, 20s. For Gentlemen: Gold, 55s—Silver, 26s—bet Steel 248 —extra Crystals,the pair 108. Improved Eye Protectors invaluable for preserving the eyes from light, heat, dust, flies, &c., in Silver, with neutral glass or wire gauze, 26s. T. H.and Sox’s Achromatic Telescopes, by reason of their great power, now have the preference in the Army and Navy; the price of one to show an object distinctly eight miles, made of Brass, 18s—German Silver, 38s; twelve miles, 30s—German Silver, 60s; sixteen miles,

42s—German Silver, 808; twenty miles, \0s—German Silver, 7410s. Leather sling causes for the different sizes,

6a 6d, 7s 6d, 98 Gd, and 128. Every description of Astro- nomical Telesccpes at equally low prices. T. H. and Son’s BinocULAR OreRa GLass, patronised by the Queen Dowager, Duchess of Cambridge, Prince Grorce,

&e.; the MosT POWERFUL EVER MADK—the largest assortment from 14s tol4l N.B. Only T. H. and Son’s Opera Glasses are perinitted to be sold in Her Majesty's Theatre.

T. HARRIS anv SON’S new invented Deer Stacx- inG TELESCOPE, patronised by H.R.H. Prince ALBerr. This Telescope has given the greatest satisfaction: price, with case, 4/ Lis,

CavutTion.—To prevent disappointment, orders in tended for T. H. and Son, should be sent to them direct. When this is not done, Agents should be requested to recollect that T. H. and Sow have on/y one Establish- ment. The house can be recognised by the number (52), and the name (THOMAS HARRIS and SON), which are laid in Mosaie pavement in the footway con- tiguous to the shop, opposite the British Museum, Londen Established 70 years.

fess” Terme OF SunscripTion For THE ECONOMIST, WEkLY CoMMERCIAL TIMES, DANKER’s GAZETTE, AND RatLway Monitor.—The Double Paper, and including Monthly Supplement, with Board of Trade Tables of Exports and Imports, and a Classification of Exports to every Market in the Worid:--

Quarterly Subscription ...... ooo 98 Od Half-yearly ... secsoscccsersoce 198 60 Single paper ... covccccscesese OS 90

*,* All letters to be addressed to the office, and Post- | Office orders made payable to WiLLiaM PoRTER.

LONDON :—Printed and published by WiLLIAM Porrer, of 71 Upper Seymour street, Euston square, parish of St Pancras, in the county of Middlesex, and published by him at the office, 340 Strand, parish of St Mary-le-Strand, in the aforesaid count y.—February 28, 1846,

SC

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