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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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No . 471 , April 2 , 1859 . 1 THE LIABEB , 443
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Sugar . — An improved tone is observable in this article ; considerable public sales of foreign went off freely , on terms rather in favour of the seller ; and the private business also established firm rates . <—Refined - A fair business is doing for hope trade on previous terms . — ' Molasses : Good Trinidad is sold at 17 s . 6 d . CoFFEE .-r-The Dutch Company ' s spring sale of 431 978 bags Java and Pedang held at Rotterdam this morning , is reported by telegraph to have gone valuationsandmuch
at prices above the recent , ; above the previous sales ; good ordinary quality having realised 37 c , which , at the September sale went at 32 c , to 32 £ c and at the spring sale last year at 27 c . to 27 £ c . . little business is doing , owing to the difficulty in finding sellers ; but 1 , 000 bags Native Ceylon , principally low and unclean quantities , are reported at 46 s . to 52 s ; Grenada was disposed of at a decline proportionate to that reestablished for Trinidad , ordinary to fair red selling at 40 s . to 46 s . ; a small lot gray , 38 s .
Tea . The market remains firm—the trade have been occupied with the samples of the public sales . Exports from London , for the week ending 24 th March , 624 , 623 lbs . Pimento . —The market is quiet ; 43 bags good middling sold by auction at ; 3 \ d . Ginger . — -55 barrels Jamaica sold at the previous value ; ordinary and good ordinary , 77 s . to 89 s . ; 124 cases Cochin of fresh import realised advanced rates —good bold , 113 s . to 118 s ;; good , 106 s . to 107 s . ; middling , 85 s . to 91 s . 103 cases-were bought in at 87 s . to 88 s . ; of 1 , 010 bags fair rough Bengal , the sound was bought in ut 16 s . 6 d . ; the damaged 200 bag's sold , first class , 15 s . 9 d . Cloves . —Six casks Amboyria bought in at 5 d . to with mode
Frvit . —The market remains steady - rate , transactions . Currants ranged from 34 s . to to 39 s ., damaged 31 s ., at which a portion found buyers ; 320 cases Sultana raisins were bought in at 50 $ . per cwt . SAi-TPEtRE .- ^ -The market is steady , but no transactions are reported in Bengal . 678 bags Bombay have , however , been sold ; refraction . 49 § per cent ., at 33 s . 6 d ., and 47 | at 34 s . Jute . —A further reduction took place at the public sales to day , the common and middling qualities selling at 10 s . to 20 s , below last week ' s prices , at which , however , there was more disposition to buy ; the finer sorts were principally taken in . . Hemp . —Manilla offered by auction was sold at 181 . to 181 . 5 s . ; fair bought in at 271 . ; Sunn nearly all sold at 181 ; 2 s . Gd .
Coin . Goops . —The public sales of yarn went off with less . animation than in the previous week , but of 22 , 021 dholls ( 40 tons ) and 339 bales Cochin offered , a good portion was taken off at the valuations to a little under ; common to fair quality 25 / . 10 s . to 35 Z , 15 s . ; Cochin junk bought in at 25 Z . per ton . Cochineal . —The public sales have gone off flatly , but without alteration in prices ; Honduras sold , Chiefly silver , 3 s . 3 d . to 3 s . lid . j Teneriffe , black , Ss . lOd . to 4 s . ; silver , 3 s . 7 d . to 3 s . 8 d , ; ordinary bought in at 3 s . 6 d . ., ¦ , TuRMEnio .--Bengal is still held above the offers , and 1 , 286 bags induction were bought in at 18 s . Gd . Tallow . —The market for T . C . is quiet , but steady , at 53 s . on the spot ; same price for April , 52 s . 9 d . to 53 s . April to June , and nt 53 s . 6 d . October to December .
Oils . —Linseed is steady , and brings 28 Z , Ij 5 s . here , and 281 . 10 s . in Hull . Rape—a large business has been done for future monthly deliveries at 42 l . and 42 ? . 10 s . for French refined . Olive continue at previous quotations . Cocoa Nut and Palm Oils remain at previous rates , without much offering or business doing , Linseed- —the market is quiet , and there are sellers at former prices . Corn . — -The markets have been steady , with a tendency , if anything , to lower prices for foreign wheat of middling sorts . English flour sells . well at full rates . Barley of all sorts about Is . por quarter cheaper . Current prices are—wheat , Essex , and Kont ,
White , 37 s ., 48 s . ; Red , ditto , 34 s . Gd ., 44 s . ; Norfolk , 35 s ., 43 s . Barley , malting , 30 s . ( distilling , 28 s . Od . Oats , feed , 19 s ., S 4 s . Potatoes 26 s ., 29 s , ; Scotch ditto , 20 s ,, 24 s . ; Irish , ' 20 a ., 23 s . Beans , 35 s ., 30 s . fld , Poas—Now Whito , 40 s ., 40 s , 6 <\ , \ Maple , 42 s ., 45 s . j Grey , 37 s ., 38 s . Iflour firm- ^ -Householda , 33 s ., p 4 sj Fine , 34 s . 6 d ., 40 s . ; Norfolk , 26 s ., 27 s . Hors . —Mai'ket firm at late prices . Now Hops in aomand at higher prices . Hay , —Trade rather dull-r-Pdmo meadow , 72 s ., to 80 s . ; fine , 83 s . 87 a . Clover , old , 94 s ., 105 s . j Straw , 24 s ., 28 a , Catitlis . -- A fair supply : prices without variation .
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MARK LANE ,--FBj : E ) Ay . The tone , of tho nxarkot to-divy was quiet but
good . The home grown supply . was not large , and the foreign imports this week are moderate . Wheat . — English , no varia-tion on Monday ' s prices ; English white , 42 s ., 48 s . Red , 405 ; , 46 s . Flour firm , from 80 s . to 40 s ; Norfolk , 17 s . 6 d . per 280 lbs . French 30 s ., 34 Si
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On Monday , at the half-yearly meeting of the Wellington and Severn Junction Company , a satisfactory statement was made , and the Directors' report was adopted . At a special meeting of the Wimbledon and Dorking and the Epsom and Leatherhead Companies , on Monday , a bill for providing a joint station at Epsom for their use , and for other purposes , was unanimously approved . At the half-yearly meeting of the Scottish Central Railway , the Directors announced that in consequence , of the unusually heavy charges' of the six months , the dividend would be £ > i instead of 5 \ per
. Official reports to the Board of Trade , on certain accidents which occurred on railways during the last eight months of the year 1858 , are published . The following companies are inculpated by the report , so far as the accidents were the result of carelessness , negligence , or want of efficient arranger ments , —the Birkenhead , Lancashire , and Cheshire Junction JRailway Company , the Bristol and Exeter ; the Chester and Holy head , the Deeside , the Eastern Counties ; Edinburgh and Glasgow , Great Western ; Iiineolhshire and Yorkshire ; the Londonderry and Goleraine ; the North-Western ; the South-Western ; the Midland ; the Monklands ; the North British ; the North-Eastern ; tlie North Lon-Worcester
don ; the North Union ; the Oxford , , and Wolverhampton ; the Rhymney ; the ¦ . Sou'tli-Eastern ; and the Waterford and Tramore . Judging from these reports , defective arrangements of all sorts—or , in other words , faults of omission—would appear to be rather the general rule than the exception oh the railways of the United Kingdom . Lord Redesdale has introduced a bill into the House of Lords , intituled " An Act for Preventing the abuse of Return Tickets on Railways . " His lordship proposes that the fraudulent sale and transr fer of excursion , double , or return tickets shall be punished with a fine , not exceeding ( with costs ) the sum of 5 / . ; and , in default ' of payment ; imprisonment , with or without hard labour , for a term not exceeding two months .
A special meeting of the London and South Western Railway Company is called for the 7 th inst ., to consider a number of bills pending in Parliament , one of which authorises the company to " make new works and to raise further funds / ' whilst another authorises an amalgamation with , or a lease of , the Portsmouth Railway . The third ordinary general meeting of the Bahia and San Francisco Railway Company is called for the 20 th inst . The half-yearly interest at the rate of 7 pe ^ cent , per annum will be payable on the 14 th .
At the half-yearly meeting of the Ottoman Railway proprietors , the chairman , Sir M . Stephenson , said that the line from Smyrna was making rapid progress , and that the Turkish Government took great interest in the carrying put of a regular system of railway communication . It was expected that the first section would be completed by the autumn . The accounts showed a total sum received of £ 204 , 584 4 s . 10 d ., and the expenditure £ 175 , 158 8 s . 2 d ., leaving A balance in hand of £ 29 , 425 16 s . 8 d . The report was agreed to unanimously . 1
The meetingof the Cape Town Railway and Dook Company took place on Thursday , Mr . Watson in tho chair . The report , which stated that tho contract with the Government had been much improved , and that the works would now bo completed for 400 , 0002 ., was adopted , and the meeting adjourned . A special Court of Common Council was held on Thursday , to consider a report of the improvement committee in reference to the memorial of tho Metropolitan Railway Company , rocoinmonding that the corporation should take a direct interest in tho undertaking to the extent of 20 , 000 shares ,
amounting to' 20 Q , 000 J ., subject to tho several conditions and guarantees contained in tho report . Tho report having boon road was opposed , which led to a long discussion , which was adjourned . On Thursday a special meeting of the Groat Western Company was held , lbr tho purpose of taking into consideration various bills which are being prosecuted in Parliament . The Earl of Shelburn was in tho chp , ir . The number of bills which tho advertisement set forth would be discussed wna twelve ; but tho majority woro postponed in oonsoquonco of their not being in a eutfiolently forward State to bo brought before tho proprietors . Tho Chairman said that some of tho bills had boon
postponed in consequence of their not being in such a forward stage before Parliament as to admit of their being brought under the consideration of a Wharncliffe meeting-. The number of bills in Which they were interested was twelve j but Nos . 2 , 4 , 7 ,-9 , 11 , and 12 had been postponed . The whole of the bills , " with the exceptions mentioned ^ , were sanctioned .
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LoSibardo-Vestetian . — . traffic on the lines of this company for the week ending the . 1 . 8 th ultimo , presented the enormous increase of 28 , 700 Z ., or 105 per cent ., compared with the corresponding week of last year . Of this increase , about 3-7 ths is estimated to have arisen from the transport of troops and munitions of war , and the remaining 4-7 ths from ordinary sources . The aggregate increase , since the 1 st January is 116 , 000 / . Feencii Railways .- —According to an official document recently published , the Paris and Orleans Railway Company have already expended on various works 517 , O 00 , OOOf . There still remain 743 , O 0 O , OO 0 f . to be expended on works now in progress , which , when completed , will form a total of l , 2 GO , 00 O , O 00 f . expended by the Orleans Company on railways . section of the
T he principal works on the new Northern Railway , intended to shorten the distance between Paris and Creil , may now be looked on as terminated . The new line is lO ^ miles shorter than the old , saying half-an-hpur ' s time arid about 2 f . in the fare . Some of the works have been attended , with considerable difficulty , particularly the viaduct of Chantilly , over the valley of the Nonette , which is built on piles , 2 , 200 in number , driven to a depth of nearly 60 feet ' in a most turfy soil . Another viaduct , that of Comelles , in the middle of the forest of Chantilly , is also raised on a similar foundation , the masonry being hollow in order to render the weight on the piles as light as possible . It is thought this new section will be opened to the public about the commencement of May .
HoNDxruAS IntekOceajuc Railwat . —A deputation had an interview with Sir John Pakington on Monday at the Admiralty , upon the subject of this railway . The deputation submitted the maps of the line and ports prepared by Colonel Stan ton , the officer deputed by the Government to review , the route , and represented that it was in the most direct line between this country and Australia , that the harbours , both on the Atlantic and Pacific , were spacious , accessible , and safe in all weathers , that the Bay of Fonseca is upwards of 3 , Q 00 miles nearer to Vancouver ' s Island than Valparaiso , 700 miles
nearer than Panama to British Colombia , and in a healthy and well-provided locality . It was stated that a substantial contractor had tendered to construct the railway for 2 , 500 , 000 / ., and pending its construction to put through a sufficient road fop the carriage of the mails at a moderate cost , within 12 months from the present time . This road would bring Great Britain within 18 days of tire Pacific ocean , arid within about 40 days of Australia . The line lay through the territories of the single friendly State , a treaty between which , and this country guarantees , under all circumstances , the safety of property and independence of the road .
PbiiTuouESE Lines . —The last Peninsular mail brings word that the Minister of Public Works had intimated an intention to continue by contract the works upon the Lisbon line from Ponte d' Asseca to Santarem , and probably to Barqiiinha , without prejudice to the general contract for the lines -which are to connect Lisbon with Oporto and the Spanish frontier , in respect to which the Ministers wore expected shortly to bring forward a bill in the Cortes . ¦ —
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RAILWAY INTELLIGENCE
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At the meeting of the British American Lund Company , on Monday , tho report and accounts , after some discussion , wore adopted ; and it appears that j although tho directors are not in a position to declare a dividend , tho valuo of tho property is steadily and materially improving . The large increase . upon tho mortgage account is a favourable ibaturo , since the proceeds must lioi'eafter gi'adually become available . Tho important public works proceeding in the colony will provo of considorablo advantage in enhancing the marketable nature of thu land in soino of th < j districts ; ' while the whole , from the effect oi it into
tho increase of settlors , who Mill bring uso and cultivation , wilj . " ovontually ensure a roturn commensurate witli tho capital which . has boon oxpondod upon it . ¦ At tho mooting of tho Linares Load Mining Company the report was adopted unanimously , I ho accounts for the past half-year show a proilt of 11 , 150 * ., out of which a dividend of 5 s . per shave has been declared . Tho gonorul condition , ot tho mine is considered to have improved . By the completion of tho railway between Cordova and Seville , wJiioh Is expected t ' o take phvoo in a fo . w woeks , a saving in fuel and carriage is anticipated of more than . a . OQOl . u-vonr .
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JOINT-STOCK COMPANIES .
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Leader (1850-1860), April 2, 1859, page 443, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2288/page/27/
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