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have thus been run up Is . to 2 s . per cwt > , 13 to 2 ^ per cent , having made 39 s . to 43 s . A large business has also been done for arrival , the exact terms of which have not transpired . Of English refined , 150 tons were sold , and the price is advanced to 44 s . to 45 s ; To-day the market is comparatively quiet , and quotations hardly so Indigo . —The market is quiet , but steady . The declarations for the sales of the 8 th proximo are 7170 chts , ' Cochineal . —Large public sales have been brought forward ^ and a fair proportion realised at Id . per lb . decline , but to-day sales were impracticable , except at a further reduction , and of 400 bags put up only about 50 sold .
MBTALS .-r-The changes this week have not been very important , and the trade in the aggregate has been dull , rather than otherwise . Spelter has , however , attracted greater attention , and some rather large contracts have been made at 22 / . 15 s . to 22 i 17 s . 6 d . both on the spot and for arrival . Scotch pig-iron has been inactive at 53 s . to 53 s . 3 d . per tori . Hides . At the public sales of East India hides 161 , 560 kips , 9499 tanned kips , 4113 buffalo , were offered , and 136 , 000 kips , 6458 tanned kips , 3067 buffalo , sold . There was a steady demand and good qualities at full prices . Common and medium sorts , of -which a large quantity were offered , brought irregnlar prices , and in some instances were not saleable unless at a decline . Calcutta tanned of good quality brought 20 d ., and Bombay 15 d . per lb . Hemp and Jute remain inactive at late rates . .
CoxqpoN . ^—The markets have been heavy under the influence of large arrivals at Liverpool and increased crop estimates from America ; 3 , 600 , 000 , to 3 , 700 , 000 bales being now named . The week ' s business at Liverpool is 40 , 000 bales at prices establishing a reduction of 1-16 d . on Mobile , and id . on fair Upland . Orleans ¦ without alteration . Stock , 433 * 000 bales . Week ' s import , 125 , 693 bales . In London the sales are 1800 bales , at rather easier prices . Ojxs . — -linseed has sold largely for the United States , and prices have ranged from 29 s . 6 d . to 29 s . 9 d . on the spot , and 30 s . for deliveries up to June . Kape oil is dull
of sale : fine foreign offers at 461 . to 462 . 10 s ., arid brown 42 * . 10 s . to 43 Z . 5 English , 41 * . Sales of foreign refined have been made for monthly , deliveries , October to December , at 44 £ Olive oils remain out of demand : Gallipoli , 49 * . 10 s . to 50 / . ; Spanish , 47 * . 10 s . to 487 . ; Mogadore , 44 * . A small cargo of Tarento now shipping sold at 45 / ., c . f . and i . to the United Kingdom . Cocoanut oil is in moderate demand : Cochin at 40 * . to 43 * . ; Ceylon , 39 * . to 39 / . 10 s . Palm is dearer , in consequence of the improvement at Liverpool and the rise in tallow . Fine Lagos commands 41 / . lOsi The stock of sperm oil is in few hands , and firmly held at 98 * . Common oils meet little attention ; pale sou them , 34 * . ; pale
seal , 36 * . ; cod , 317 . 10 s . per tun . Waju . EFiiT 8 . r-A small cargo Davis Straits has been taken for export at 560 ? . to the undersigned , at half price , beyond which nothing of moment has transpired , but there is apparently more disposition to sell . Polar quoted 5302 . ; north-west , 450 * . ; southern , 400 * . TuBPEirrmB . —Of rough , 600 brls . have arrived , and sold at 10 s . 9 d . per cwt . Spirits are rather lower , and 40 s . accepted for American in barrels . Taixow , —During the past week our market has been steady , at an advance of 3 d . to 6 d . per cwt . The trade generally are still out ; of stock , and the demand has been very fair , though / buyers have purchased only to satisfy immediate wants . Town tallow is said to be a little more plentiful . It is supposed that a quantity of Y . C . is still to be provided for the March contract , and
it is therefore possible that we may be influenced by speculative operations before the end of that month . The import to the 1 st of May next will be less than it was during the same period in 1858 , and our stock will leave only a moderate quantity to meet the early arrivals from St . Petersburg in May and June . By the last advice the market was firm at 167 * . 10 s . down for August , and 164 / , on spot . Exchange , 36 i . The market closes quiet at 62 s . 6 d . spot ; 58 s . 6 d . to 53 s . 9 d . January to March ; 68 s . 9 d . March ; 52 s . 8 d . to 62 a . 3 d . April to June ; and 62 s . 3 d . to 52 a . 6 d . October to December . The publlo sales of 280 cko . to-day went off briskly . Australian beef , 51 a , 9 d . to 62 b . 6 d . ; South American , «
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JOINT-STOCK COMPANIES . The : Madras Irrigation Company have had an intimation that the guaranteed interest of 5 per cent , on the 47 , 000 * . received from the deposit of 1 * . per share will be allowed by the India Council from and after the 81 st instant . At the . meeting of the Consolidated Copper Mines of Cobre a dividend was declared of 1 * . per share . The report stated that there had been a falling-off in the past year in $ ho ores raised of about 78 tons , and an increase in the make of precipitate of about 30 . During the last two months the production has been above the average . The general stagnation has affected the price obtained for ores at Swansea ; but , dating from the November sale , an improvement lias taken place . There was a meeting of the proprietors of the Western Bank of London on Thursday , Mr , Roebuck , M . P ., in the chairwhen a report was presented which stated
, that , after allowing 1410 * . 12 a . 2 d . for rebate on bills not yet due , writing off bad debts , and defraying all current charges , a balance of 5070 * . 17 s . 5 d . would remain for distribution , which the directors proponed to dispose of in the following manner , viz . a dividend at the rate of 8 per cent , per annum , frea of income-tax , and to appropriate 500 * . to a further reduction of the preliminary expenses , and leaving 2176 * . 17 » . 5 d . to be carried forward to the , next account . The report and accounts were Adopted , and Mr . Harborrow was oleoted an auditor in the place of Mr . Nettloton , who has resigned' . A oum of 1000 * . Wft » voted to the directors as a remuneration for seal in the affairs of the
company . . It-la understood that the directors of the Electric ana International Telegraph Company have decided upon recommending a dividend at the rate of 0 per cent . p « annum for the loot half-year ,
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The half-yearly meeting of the South Eastern Railway Company is called for the 24 th of February , arid thai ; of the London and South-Western Railway Company for the 10 th of February . At the latter the lease of the Salisbury and Yeovil Railway will be submitted for . -approval ^ ' as well as a proposal that . '" instead of the lease of the Portsmouth Railway , already authorised , that undertaking should be transferred absolutely to this coiripariy upon similar terms . " Mr , J . W . Childers , High Sheriff of Yorkshire , has been elected chairman of the South Yorkshire Company . The office was held for many years by the late Dr . DymOnd .
The engineer of the Northern Bengal Company has completed the survey of the line , and has reported to the Bengal Government that there is nothing to prevent the formation of the railway across the Ganges from the main line of the East Indian Railway at Rajmahal to Malelah , and thence to the foot of the hills of Darjeeling , at a comparatively moderate cost . The report of Sir Macdonald Stephenson , on the result Of his personal inquiries in Smyrna and Constantinople , has been received , from which it appears that the first section of the railway of forty miles out of Smyrna will be opened in September next . The document contains several matters of interest in connexion with the whole question of railway communication in Turkey .
The half-yearly meeting of the Great Western Railway Company is called for the 11 th of February , and will be made special , to approve leases of the Bridport Railway , and the undertaking of the Great Western and Brentford Railway Company . The half-yearly meeting of Ithe Eastern Counties Railway Compjiny is called for the 24 th of February . The annual meeting of the English shareholders in the Royal Swedish Railway Company is called for the 24 th of February . The Daily News asserts that it is not true that the dispute between the Brighton and London and Southwestern Railway Companies has been terminated by the dissolution of the injunction . The Brighton Company have given notice of appeal . Meanwhile , the prospect presented to the proprietaries of both companies is that the cost of the warfare will far exceed the sum
represented by the dispute between them . At a meeting of the directors of the Preston and Longridge . Company , held at Preston on Monday , an instalment of 12 , 000 * . of the purchase-money of the above railway by the Preston , Fleetwood , and West Riding Company , was handed over to the directors . Next Saturday the money will be distributed among the shareholders at the rate of 57 . a share . The last section of the Dundalk and Enniskillen line , about four miles in length , is to be opened to Enniskillen on Tuesday , thus completing the line throughout from Dundalk to Enniskillen . <
The half-yearly meeting of the Manchester , Sheffield , and Lincolnshire Railway was held on Wednesday at Manchester . The directors ' report was adopted unanimously , and the meeting concluded with declaring the usual preference dividends , payable on the 9 tu February , and re-electing the retiring directors and auditor . A meeting of the Severn Valley Railway Company is called for the 23 rd February , and will be made special , to consider an agreement for the working of the line by the Oxford , Worcester , and Wolyerbampton Railway Company .
A meeting was held on Thursday of the London and Brighton Railway Company , M . Leo Schuster in the chair , when , after some discussion , a dividend of 8 £ per cent , for the half-year was agreed to , making 6 per cent , for . the past year , leaving 8182 / . to be carried to the next account . A motion to discontinue travelling on the line on Sundays fell to the ground for the want of a seconder ., The half-yearly meeting of the North Eastern Railway Company is called for the 18 th of February , at York , and will be made special , to consider a proposed amalgamation with the Newcastle and Carlisle Railway Company . Pending an application to Parliament for an act sanctioning this arrangement , it is proposed to make a traffic agreement .
The dividend of the London and South western Railway Company is officially announced at the rate of 5 % percent , per annum , against 6 J at the corresponding period of last year .
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Nkw South Wales Railways . —Mr . Gabrielli returned by the last steamer to Australia , having completed the arrangements between the Government of Now South Wales and Messrs , Peto , Brassey , andBetta , for the construction of railways in that colony . Mr . Wilcocka ; another of their agents , will go to Australia by the February mail , and has ohartored a large ship , which will sail in the course of next month , Oiled ' with railway plant of every description requisite for carrying on the works with energy . BihuavoH RAifcWATfl . —On Tuesday the examiners of hills declared that in respect to the following bills , the standing orders of both Houses of Parliament had been complied with , Before Mr . Smith ;—> Llanldloe » and
Newtown Railway , Great Northern and Western ( of Ireland ) Railway , Eppiiig Railways , Portsmouth Railway , Midland Railway , Gloucester and Cheltenham Tramway Abandonment ; Before Mr . Frere :- ^ -Brid port Hailway , Kensington Station and North and South London Junction Railway , Vale of Llangollen Railway Norwood and Streatham Railway , ' Frbnch Railway ENTERPRiSE .- ^ -The Inge ' nieur publishes the following list of the Works which are to ba Undertaken by the French railway companies during 1859 : — The Orleans Company is to expend , in addition to 8 , OO 0 , 000 f . applicable to the payment of the works of 1858 on the 1464 kilometres ( f of a mile each ) of the old network in operation , a sum of 2 , 5 OO , 0 Q 0 f .
for the bridge of Bordeaux and the five kilometres of junction line adjoining . . The line from Nantes to Chateaulin , which was to have been completed by the 20 th of June , I 860 , will not be so until 1862 , and it will stand in 1859 for a sum of 10 , 000 , 000 f . It is said to be in contemplation to expend a sum of 100 , 000 f . for improving the passage through Nantes , and 2 , 000 , 000 f . will be devoted to rolling stock and a double line of rails on the roads now being constructed . The works of the Central Orleans network and the Pyrenean lines will absorb nearly 39 , 000 , 000 f . The Northern Company is to expend i 5 , 000 , 000 f . for the line from Namur to Dirian , and will besides occupy itself with the works from Paris to Soissons , Senlis to Chantilly , and Hazebrouk to Arras . The Ardennes Company is to carry on the works on the line from Sedan to Thionville and from Charleville to Givet . The Eastern Company will have to complete the works of the Vincennes line , those from Thionville to the frontier of Luxembourg , from Nancy to Gray , and from Strasbourg to Kehl , and will continue the works of the great bridge over the Rhine . The Mediterranean Company is to expend 5 , 000 , 000 f . on the line from . Marseilles to Toulon , and 5 ; 000 , 000 f . on its old lines . It will also commence the works of certain eventual concessions , which present but slight difficulties ; among others , that from Toulon to Nice as far as Hyeres . The Geneva Company will devote 10 , 000 , 000 f . to the completion of the passage through Lyons and the laying down of a second line of rails from Amberieux to Macon . The irVesterri will have to finally settle in 1859 for the Works between Caen and Cherbourg and" between Caen and Mezidon , the sum to be so paid being as yet riot known . It will also execute the lines from Lizon to St . Lo ( 19 . kilometres ) , from CouliboBuf to Falaise ( 7 kilometres ) , from Lisieux to Honfleur ( 13 kilometres ) , and from Renries to Kedon ( 70 kilometres ) . It will also devote 2 , 000 , 000 f . to the reuewal of the rails on the Havre line . " Cape Town Railway . —The Companyhave received information , uuder date December 21 , per the mail steamer Phoebe , of the arrival of their engineer and staff at Cape Town on the 14 th December , arid that they had already commenced staking out the line . East Suffolk Railway . —This line is expected to be opened for traffic in March , and the extensions to Yarmouth and Lowestoft wilf , it is stated , be ready for traffic by the same date . The East Suffolk line proper extends from Halesworth to Woodbridge , where it joina a branch , of the Eastern Union Railway . The extensions to Yarmouth and Lowestoft will shorten the distance by railway to London by about thirty miles .
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-The Wxub Iron Tbadb . —The new year has commenced favourably for the Welsh iron trade - , a slight advance has Aaken place in the price of bar-iron , and the arrival of . several freah orders has increased confidence , whfahU is anticipated will be further strengthened as the , npvtafs advances . The large wprku at Tredegar are now supplying extensive orders , while from the important work * of JGbbw Vale , Nantyglo , BJalna . and Blaenaypn the accounts are decidedly good and cheering . There is a partial alackness in some parts of Glamorganshire , particularly at Aberdare , where worts i « alack ; and orders few ; b » t » revival Is anticipated , as the ; demand , from America ia becoming better , and there itt a good inquiry from France antf RiK »| a ,
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RAILWAY INTEIXIGENCE .
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156 * THE LUAPBR . [ No 4 Q 2 , January 29 , 1859 .
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Leader (1850-1860), Jan. 29, 1859, page 156, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2279/page/28/
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