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wo. 4t38, M^. ik 1853.1 ¦" :,:: ^rLBii)&...
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HOME. COLONIAL AND FOREIGN PRODUCE MABKB...
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. EEVIEW OF THE WEEK.. Friday Evening 1 ...
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RAILWAY INTELLIGENCE.
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Ox Monday the half-yearly meeting of the...
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CONTiNr.XTAn Railways.—The directors of ...
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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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Wo. 4t38, M^. Ik 1853.1 ¦" :,:: ^Rlbii)&...
wo . 4 t 38 , M ^ . ik 1853 . 1 ¦" :,:: ^ rLBii )& iL , 3 ^ 9
Home. Colonial And Foreign Produce Mabkb...
HOME . COLONIAL AND FOREIGN PRODUCE MABKBTS .
. Eeview Of The Week.. Friday Evening 1 ...
. EEVIEW OF THE WEEK . . Friday Evening . The political news , which lias caused so much buoyancy in public securities , lias had veiy little effect in these markets , which have been more than usually dull throughout the week . A more hopeful view of Continental affairs has been very generally expressed , but the almost entire absence of speculation and the bond fide character of ^ -ade render the markets extremely unsusceptible to mere conjectures of any kind , and until' the arrangement of existing complications takes a more tangible form , not much improvement is expected . Corn . —The dulness in the corn trade is still
unopenedat adecline of 1 to 2 fl , but closed at a slight advance on the November currency . This result lias had no appreciable effect here . Arrivals this week have been moderate ; and , as large deliveries can hardly follow the present rate of selling , stocks are likely to show some increase in future returns . In floating cargoes the business is nil . Refined sugars are taken off slowly , but prices remain steady . Coffee is- very ' firmly held , and in the few
transarrivals from Australia will be light . The market closes quiet at 52 s , spot ; 52 s . all the month ; 52 s . April—June , and 52 s . October- ^ December . The public sales to-day were flat ; no buyers . Town tallow , 53 s . 6 d . ; rough fat , 2 s . 9 £ d . ; melted stuff , 40 s .
actions occ urring on the spot , extreme prices are paid . Mocha and Foreign East India kinds have realised very full prices . Floating cargoes of Rio and St . Domingo are in demand , and three have sold for the Continent , namely , one St . Domingo , for a near port , at 48 s . ; one common first Rio , for the Baltic , at 47 s . 3 d . ; and another of , Rio , for Trieste , at 48 s . per cwt . The Rio news is favourable to holders , and on the continent the markets continue extremely firm . .
TEA . ^ -B eyond the sale some 3 , 000 or 4 , 000 cwts . damaged teas ( salvage ) , scarcely anything has been done . " Common congous are quoted Is . l . Jd .. and Is 1 M ., which is a shade easier . The present stock in the Kingdom is 67 , 399 , 000 lbs ., against 74 , 528 , 000 lbs . last year . The quantity afloat is 18 , 800 , 000 lbs ., against 17 , 900 , 000 lbs . last year . Cocoa engaged a very little attention . The Government contract for 100 has been supplied from Guayaquil imports .
Rick . — Transactions are inconsiderable . . rlie present stock comprises 32 , 000 tons Bengal , principally low and good white ; 14 , 000 tons Rangoon , about one-sixth good ; 7 , 000 tons Necranzie about one-third good , 6 , 000 tons Moulmem , about one-fifth good ; the remainder of these parcels , as well as 3 , 000 tons sundries , is of ordinary quality , and the total stock is about 76 , 000 tons . The quantity afloat is 4 , 500 tons . ; . SAT . TrETiiE . —^ F ine qualities have receded 6 d . to is :, but medium kinds are steady ; and a limited business is doing . : CocnixEAr . has been dull of sale until today , when the public sales went with some spirit , the greater portion selling , principally , it is thought , for export t o the East . Prices are not materially altered .
Saffloweu sells steadily at full prices . Suellac . - ^ DC orange is in demand at . 95 s , per cwt . CuTCii remains steady . Gambier in great request at 15 s . 9 d . to 10 s . per ewt . Cottox—At Liverpool a fair amount of sales has been effected at full prices , the American news favoring the market . In London but little is passing , but holders are indifferent sellers at present
quota-. Hemi\—All descriptions quiet , but steady . Metai . s . —Scotch pig iron has moved ' tip a little , touching 52 s . The shipments are better . Spelter has been sold at 21 / . 5 s . for small plates , which is cheaper . In other metals the changes have been unimportant . OiUB . —T . mseed sold at 29 s , 3 d ,, at which there are now buyers , but few sellers , 29 s . Gd . being demanded . For future delivery scarcely anything doing . Rape Oil is dull of sale on the . spot , at 44 s . to 44 s . 6 d . for foreign refined , 41 s . to . 41 s . Gd . for foreign , and 40 s . for Knglish brown . Business has been done for delivery , extending into the ' autumn anil - winter months , at 4 Qs . for foreign brown and 43 s . for pale . Several hundred tuns of Olive have changed hands
at rather easier prices ; a cargo of Tarento , in store , at 40 / ., and some Candia at the same price ; Malaga' is scarce , and brings 48 / . readily ; Gallipoli 48 / . 10 s . to 49 / . ; Mogadorc barely 43 / . ; a cargo of Gallipoli sold at 46 / . 10 s ., cost freight and insurance to the Baltic . Taronto floating offers at 45 / , 10 s ., cost froight and'insurance tp tho United Kingdom , with option of contract at 10 s . extra freight . Cocoa nut in segond hands passdd at 40 / . to 40 / . 10 s . for Coy Ion ; Cochin quoted 42 / . to 4 f ][ . Palm arrives freely from Lagos , offers at 43 / . 10 s . Sporm scarce , and worth 100 / . for Amorican , and 102 / . for flno Colonial ; Cod 35 / ,, but the stock nearly all in second hands .
Tuni'KNTiNn!—Thq sales are 3 , 750 barrels , at 10 $ . for inferior to 11 s . for good . No arrivals at this port , but some off tho coast , chiefly imported by distillers . Tho prico of spirits is barely supported ; American barrels offer at 4 4 s . por cwt . Tat , i . ows . —On Wednesday , many sotllomontn of contracts for tho month wore made at 52 s . j but tho consumptive domand has boon very alack ; still thorc 1 ms been no undue pressure upon the market , The price at St . Petersburg does not admit of Bales at our ratos ; and , the arrivals from both tho Baltic and the IJlaclc Sea will bo somowhat Jator than was expoetotl ; Wo may look for . 2 , 000 or 3 , 000 casks from South Aijiorlcaby tho end of May j but wo understand tho
relieved , and although supplies are not by any means pressed , quotations graduate in the buyer ' s favour , The best qualities of English wheat have met a steady sale at about late rates ; but secondary and deteriorated samples have offered at Is . to 2 s . decline , without finding very ready buyers . Foreign wheat is held for late rates , at which it moves off in retail quantity only . The flour trade is tolerably steady , and prices are without the slightest change . Barley of all descriptions meets a fair demand , at prior quotations . Beans and peas were rather cheaper iii the early part of tire week , but closed without material change to-day . The supplies of bats in granary are diminishing , and prices are consequently firm .
Arrivals . ~ English . Foreign . Wheat ( quarters ) .- ' :... 5 , 007 .. . . ¦ 4 , 474 Barley ,, ............ ' ... 2 , 177 .. 310 Malt ¦ . ' , ' . . .. 10 , 500 . -... — Oats „ -...- 7 , 255 .. . 3 , 005 Beans ,. 728 ... —¦ Peas ........ 17-2 .. 172 Flour ( sacks ) ............. 14031 .. 973
London Averages . s . d . Wheat ( quarters ) ............. 2 , 9 GG .. 43 3 Barley „ .. 305 .. 34 3 Oats „ ........ 3 , 805 ' .. 24 . 6 Beans „ ....:....,... 2 G 4 .. 38 . 2 Peas „ 172 .. 38 8 Seeds , —Tlie Aveek ' s arrivals of linseed are 4 , 100 quarters , consisting of 1 , 900 Fast Indian and 2 , 000 Black Sea : Prices tend slightly in the buyer ' s
favour . Sellers of Bombay at 55 s ., and Calcutta at 51 s . to 53 s . Several cargoes of Black Sea and AzolF , waiting orders at Falmouth , are offering at 52 s . 6 d ., delivered U . K . Fine sound Calcutta rapeseed is scarce at 51 s . to 51 s . 3 d . Fine Bombay is worth G 2 s . on the spot , and 61 s . for arrival . Sesame , teel , and Gingelly are of slow sale . In clover seed a good business has been concluded ; choice white at the extremely liiyh prices of 100 s . to 105 s . ; good , 80 s , to 90 s . ; English ' red , 84 s . to 8 Gs . for choice samples , and 72 s . to 80 s . for good . Trefoil inactive .
Oilcakes remain in steady demand at recent quotations . Potatoes . —Trade continues very steady , and supplies somewhat large . York Regents , 70 s . to 100 s . ; flukes , 90 s . to 110 s . ; Scotch Regents , 4 Qs . to 80 s . ; cups , 40 s . to 55 s , ; Dunbar Regents , 70 s . to 85 s . ; cui > s , 55 s . to P 5 s . ; French , 40 s ; to 50 s . per ton . Iiivk Stock . —The supplies of all descriptions of stock continuo light , notwithstanding tho present high prices . The demand , although not brisk , has effect upon a scanty market , and quotations have still an upward tendency , sheep having made 2 d . to 4 d . advance . Tho following show the numbers at market and current quotations j—
-Mondny , Boosts . Shocp . Calves . Plffs . 0 , 595 10 , 450 103 420 4 s . 4 d . to 4 s . lOJ . 4 a , 8 ( X . toOs . 4 s . 4 d . toCff . 3 g . 4 d . to 4 s . 4 d . Thursday . 800 5 , 0 fl 0 180 200 4 s . 4 U . to 4 s . l 0 iI . 4 s . 8 d . tp Os . 4 s . 4 d . to Os . 03 . 4 d . to 4 s , 4 d . Provisions . —Tho dead moat markets have boon moderately well supplied , and trade not over good ; but prices are higher , in consequence of tho dearnoss of live stool ? , lioof this morning sold at 3 s . ad . to 4 s . 4 d . i mutton , . ' 3 s . 8 d . to 4 s . 8 U . ; veal , 4 s . 4 d . to 5 s . ; pork , 3 h . 8 tl . to 4 s . 8 d . per stono by tho earcaso ,
feuo . vu . — . Tho market Is exceedingly dull , and , although sunplios have boon brought forward sparingly , prices have , in nearly every ease , had a drooping toiidonoy . Good strong Porto Rico , and Cuba muaoavadoos , from their scarcity , are exceptionally firm . Madras is decidedly cheaper by Od . to Is , por cwt ., and other imports are tho turn of the market to pd . lower . The sales of 07 , 000 bags Java In Holland by the Netherlands Trading Company ,
Railway Intelligence.
RAILWAY INTELLIGENCE .
Ox Monday The Half-Yearly Meeting Of The...
Ox Monday the half-yearly meeting of the Leominster and Kington Company was held . Tlie report , which stated that tlie traffic had increased 20 per cent , during the last three months , was adopted , and a dividend declared of 4 per cent . The half-yearly meeting of the Chester and Holyhead Raihvay Company is Called for the 18 th inst . ; and that of the Pernambuco Railway Company for the 8 th April . A statement has been issued by the London directors of tlieGrand Trunk Railway Company of Canada , viz , Messrs . Thos . Baring , George Car r Glyn , Kirkman D . Hodgsofl , H . Wollaston Blake , and Win .
Chapman . These . gentlemen declare their conviction that , assuming that the total capital on which interest will have to be paid may be ten millions sterling , the profits on the completion of the undertaking will be " more than sufficient to pay 6 per cent , on the whole debenture and share capital of the Company . " They conisequently " feel that , the board have adopted the best and most equitable mode of raising the necessary funds by the proposed new issue of 1 , 111 , 500 / . Second Preference Debentures , which , with the 2 , 000 , 000 / . of First Preference already issued , assume . the position originally occupied by the Provincial Debentures of 3 , 111 , 500 / . "
At the meeting of the ¦ Edinburgh and Glasgow Company , on Tuesday , the allowance to the . auditors was increased from 25 ? . to 50 l . per annum . A dividend of 3 J per cent , was adopted . At a monthly meeting of the Railway Companies ' Association held on Thursday , at . the Raihvay Clearing House , it was stated that the measures which they are , in connexion with the proposed re-appointment of the select committee oil rail ways j desirous
of bringing forward , for the purpose of placing on a fair and equitable basis legislation on railway property , cannot be brought under the consideration of Parliament until after the second reading , of the Reform Bill . Several important motions , of which notice had been given , were postppwed , in consequence of the absence of members who were obliged to attend the important parliamentary proceedings connected with , their respective companies .
At the half-yearly meeting of the GlasgoAr and South Western Company , on Wednesday , it resolution was Carried declaring a dividend , at the rate of 4 j per cent , per annum , on the ordinary consolidated stock , and on tlie Ardrossan guaranteed stock . The Kondol and Windormere Company , on Tuesday , declared a dividend of 4 s . Gd . per share .
Continr.Xtan Railways.—The Directors Of ...
CONTiNr . XTAn Railways . —The directors of the Western . Railway of France are using groat activity in the completion .. of the branch line from Honfleur to Pont r-Eveque ; 2 , 000 additional labourers were on the 1 st inst . placed on the most difficult part of the work , from IJfonflcur to Pont l'Eveque . Accounts from Rome state that the contractor for tho line from Civita Vecohia to Rome has bound himself to open it to the public on the 1 st of April . Locomotives may . in . a few days puss over tho entire line . Surveys have open made ot' tho proposed lino from Rome to the Adriatic , and tho works are to bo immediately commenced . Metropolitan Raii / way Bim . s . —The copies of Admiralty reports under the Parliamentary Inquiries Act , include various metropolitan schemes . Assonts are given to the bills for the West London Railway ; the Victoria Station and Piinlico Railway ; tho North London , Paddington ,. Richmond , Hamptoncourt , and Kingston Railway ; tho South Metropolitan and Westminster Station ; and the Victoria Station and North Wostorn and Groat Western Junction Railway . Of tho West London and Plmlioo Railway Bill their lordships consider it objootionahlo in principle , and withhold their assontto tho portion of t ' hQ lino extending beyond tlio first ono milo ana three-quarters . , Tiik Koutii Wrstbiis axo CJuijat Noutiiku ^ i Oomi'ANiub . — On Thursday , n bill , promoted by tho London and North Wostorn , the Great Northern , ami the Manohoster and Sholliohl Railway Companies , for power to enable them to entorinto arrangements between thumsolvos tbv a mutual interchange of goods ami nasscngorfl , from one system to another , over tho vhola length of thoiv rospootivo ay stems , wan finally sanctioned by a CoivmiHtoo () f tho Ilouso of Commons , of which Mr . Rklloy M'as chnirman .
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Citation
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Leader (1850-1860), March 12, 1859, page 29, in the Nineteenth-Century Serials Edition (2008; 2018) ncse.ac.uk/periodicals/l/issues/cld_12031859/page/29/
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