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    1042 THE LEADER,

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    RAILWAY INTELLIGENCE. From the statement...

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    Home, Colonial, And Foreign Produce Mark...

    liberal , but factors have shown very little desire to press sales , but to make any progress Is . decline would have to be taken : best Dantzig is quoted 54 s . to 56 s . ; mixed , 52 s . to 53 a . ; fine old Rostock , 49 s . to 50 s . ; French , 44 s . to 45 a . ; St . Petersburg , 40 s . to 42 s . ; Low Russian , 36 s . to 38 s . per quarter . Flour has been comparatively steady in value , there being rather a scarcity of best country marks . The top price of Town-made remains at 43 s . ; Town households , 36 s . ; No . Twos , 31 s . to 32 s . ; Country households , 33 s . to 35 s .: seconds , 30 s . to 31 s . ; Norfolks , 30 s . per sack . French , prime , 37 s . to 38 s . ; good , 35 s . to 36 s . per sack . American , approved brands , 25 s . to 26 s . ; inferior , 22 s . to 23 s . per barrel . The supplies of barley are on the increase , but the proportion of choice malting qualities is still small , and prices of this description firm in consequence , ranging from 42 s . to 45 s . Other qualities are however Is . to 2 s . cheaper , and

    Cokn . — From the leading continental markets the advices refer to continued and increasing depression ; but although the fall in prices was generally greater than in our home markets , but little was doing for shipment to this country .: In the provinces the trade in general is exceedingly dull , and prices lowering . At Mark-lane the same features prevail . The supplies ' of English wheat were moderately good as to quantity , but generally inferior as to condition . The demand was as dull as heretofore , and , to effect even a partial clearance , Is . to 2 a . decline had to be taken . Choice white wheat is quoted 48 s . to 50 s . ; seconds , . 45 s . to 46 s . ; common to fine red , 39 s . and 40 s ., up to 46 s . The imports of Foreign wheat have been somewhat

    quoted down to 32 s , to 34 s . for medium , and 38 s . to 40 s . for useful grades . Danish samples are Is . cheaper . The few samples of new malt at market are indifferent in quality , and meet very little attention . Prime old samples are very firmly held . " " Ware , " 72 s . to 74 s . Beans are still in but moderate supply , but the demand having fallen off " , prices are barely so good . Peas are rather cheaper , in consequence of some increase in the imports of foreign . The arrivals of oats have again been considerable , and prices have further declined 6 d . to Is . per quarter ; choice Riga , quoted 24 s . to 24 s , 6 d . fine Irish potato sorts , 28 s . to 29 s . per quarter . The floating trade participates in the general dulness . ' The arrivals off the coast have been large , especially of Indian corn , and sales , although large , h » Ve been effected with , difficulty ; Gaiatz . and Odessa made 31 s . per 402 lbs . ; Foxonian 30 s . 3 d . ; Ibraila , 303 . 6 d . per 480 lbs . . LOHDOS AVEEAGES . Qrs . s . d . - Wheat . 4405 at 45 9 Barley . 1169 „ 36 9 Oats 1522 „ 28 4 Rye , — „ — Beans 465 „ 41 5 Teas 107 „ 46 11 week ' s arrivals . English . Irish . Foreign . Wheat qrs . 2010 — 16 , 250 Barley - „ 780 — 3 , 330 Malt „ 1690 — . — Oats „ 90 — 67 , 910 Flour , sacks 2070 — 190 Ditto ,...... brls . — — — Seeps . —The week ' s arrivals are 2860 qrs ., consisting of 1740 qrs . East India , and 1120 Archangel . Bombay seed from its comparative scarcity on the spot commands 59 s ., and Calcutta 57 s . j but the whole of the numerous cargoes of Black Sea and Sea of Azof seed off * the coast ( about 30 , 000 qrs . ) has been cleared off at reduced rates , ranging from 56 s . 3 d . down to 56 s ., delivered U . K ., the quality of some very indifferent . Rape seed is in moderate demand at late rates , Calcutta 57 s ., fine Bombay 64 s ., inferior 48 s . to 58 s . ; Gingelly black , 50 s . to 53 s ,, white 53 s . to 57 s . Oil cake sells slowly at late rates . / Hops ; Roko . —The market is firm , with a good business doing , Mid . and East Kent ( choice ) , 30 s . to 100 s . ; Wealds 50 s . to 56 s . and 70 s . ; common , 65 s . to 80 s . ; Sussex , 45 s . to 48 a . and 60 s . Potatoes . —With increased supplies , both by water and rail , lower prices have been taken . Regents , 60 s . to 90 s . ; Shaws , 58 s . to 76 a . per ton . , Pbovthiowb . — -The dead meat markets have been moderately supplied , and prime qualities of nearly every description of meat have met a steady sale at late rates . Beef : —Beat ox , 48 . to 4 s . 2 d . ; middling , 8 s . 8 d . to 8 s . lOd . ; inferior , 2 s . 8 d . to 8 s . 4 d . Mutton : — - Down wether , 4 s . 2 d . to 4 s . 4 d . ; Lincoln , & c , 8 s . lOd . to 4 s . ; inferior , 8 s . 6 d . to 8 s . 8 d- Veal , 8 s . 8 d . to 4 s . 4 d . Pork : —Small , 4 a . to 4 s . 8 d . ; large , 8 s . 4 d . to 3 s . 8 d . per stone . The markets for cured meats have been dull . Really prime Waterford bacon has made 62 e ., but inferior sorts are lower . Irish butters have deolined 2 o . per cwt . The Government contracts for beef and pork hare been tendered for , and the price is expected to average 1 U 10 s , for pork , and 71 . for beef . Stock .- —rThe numbers of cattle at market this week were again large , and the proportion of good breeds , Although but moderate , was more than adequate to the demand which ended doll . In a few Instances prime Scots made late quotations , but In general 2 d . per stone decline was accepted . Sheep met a fair demand , at former prices for prime South Downs , but at 2 d T

    decline for most other breeds . Calves sold ^ without material change in price , and pigs , although in pretty good supply , brought former terms . Monday . Beast . Sheep . Calves . Pigs-5 , 764 24 , 500 .. . 190 . 540 Ss . lOd . to 4 s- lOd . 4 s . 2 d . to 5 s . 3 d . 4 s . to 5 s . 3 s . 8 d . to 4 s . 8 d .

    Jan .-Mar . The public sales yesterday were very small 226 casks Taganrog , and went off quietly at 47 s . to 50 s ! St . Petersburg letters to 25 th Sept . state Exchange ^ 351 to 3 G , price on spot 158 ^ 158 , 159 . About ( 5500 casks dbne during the post for export . 403 shi ps at Cronstadt ; sellers ask 160 for Aug ., 1859 . Shipments 59 , 842 casks 1858 ; 56 , 809 casks 1857 ; 3-1 , 032 casks 185 G ; 34 , 858 casks 1855 . Official market letter .- — Town tallow , 52 s . 9 d . ; rough fat , 2 s . 9 d . ; melted stuff , 37 s . .

    Thursday . 1 , 110 7 . 070 285 250 3 s . 8 d . to 4 s . 8 d . 4 s . to 5 s . 4 s . to 5 s . 3 s . 8 d . to 4 s . 8 d . Saltpetre . —The stock , which is reduced to some 3000 tons , is in few hands , and very firmly held . Purchases are restricted , but prices are again higher for all descriptions , but especially for the heavier refractions ; 4 § and 5 per cent , sold at 46 s . ; 6 per cent , at 44 s . 6 d . to 45 s . cash ; 9 per cent , at 43 s . cash ; and 15 J to 17 $ at 42 s . to 42 s . 3 d . Floating parcels of desirable qualities are also held for higher prices , say 4 Is , 6 d . to 42 s . English refined has been advanced Is . per cwt ., and 45 s . to 46 s . is the price now quoted .

    Indigo . —The trade are wholly engaged in examining the samples for the sale of the 12 th instant . The declarations have been further increased to 15 , 680 chests . Cochineal . —Rather lower prices have been taken , especially for the finer silver grains , but a fair extent of business has been effected , say about 300 bags . Honduras silvers , at 3 s . 3 d . to 4 s . Id . ; for low to fine ordinary blacks , 4 s . to 4 s . 4 d ., and Teneriffe , 4 s . to 4 s . 2 d . per lb . Safflower . ^ —221 bales , new crop , sold 20 s . cheaper : 61 2 s . 6 d . to 11 ? . per cwt , for middling to fine W . and G . mark . Dye-woods . —Red-wood is held for stiffer prices , and 4 ? . 17 s . 6 d . . said to have been refused , 820 tons Lima wood , part sold at 15 ? . to 15 / . 5 s . ; for second pile , 14 ? . to 14 ? . 7 s . 6 d . for billet , and 11 ? . to 11 ? . 2 s . 6 d . for splinters ; pile 1 being held at 18 ? .

    Cutch remains inactive at 32 s . 6 d- to 33 s . per cwt . ; and Gambier , 15 s . to 15 s . 6 d . India-rubber . —Sales of East India have been effected at 8 Jd . per lb ., which is id . advance . Drugs . —The only change to quote under this head is an advance of Jd . per lb . on castor oil . Cotton .- ^ -The temporary reaction in . Manchester has checked the cotton markets of both London and Liverpool . THf » . dealings this week have been upon a limited scale , and prices from being strongly against the buyer , have now the turn in his favour . The news to hand from India and America has had little or no effect , the markets being almost wholly influenced by local circumstances . At Liverpool the sales are 41 , 000 bales , and in London 2100 surats at 5 i for ordinary to . 6 f for good fair .

    Jute . —The public sales have offered only 1390 bales , which were readily placed at extreme rates to a small advance . Medium to fine , 18 ? . 10 s . to 23 ? . 17 s . 6 d . per ton . Hemp . —Of 1066 bales Manilla , about half sold at rather better prices . Fair roping , 27 ? . 10 s . to 27 ? . 15 s ., and good white , 32 ? . per ton 5 the residue was held above current rates . Russian hemp is firm , with a steady business passing . St . Petersburg , clean , 30 ? . to 30 ? . 10 s . per ton .

    Metals . —An improved demand has been experienced for Scotch pig-iron , and prices have touched 55 s . 3 d . for mixed numbers . Towards the close the market was not , however , quite so strong , but to-day rallied , to 55 s . 6 d . The shipments last week were 10 , 647 tons against 12 , 093 tons in the corresponding week last year . Spelter sold in the early part of the week at 23 ? . 15 s . on the spot , and 23 ? . 12 s . Gd . ex-ship ; bufc subsequently at 2 s . 6 d . per ton less . Other metals have not varied in price , and the transactions have been of limited extent only .

    Oils . — Linseed ia flat at 82 s . 6 d . on the spot , and beyond the execution of a few small orders for the United States , scarcely anything ia doing . Rape oils meet a moderate sale at 47 s . for pale , and 48 s . to 48 s . 6 d . for foreign brown . English la . to Is . Od . less . Olive neglected , and Gallipoli offered at 45 ? . 10 s , ; Malaga , 44 ? . to 44 ? . 10 s . ; and Mogadore , 42 ? . Cocoanut quiet at late rates . Fine palm ia in request at 40 ? . per ton , but holders generally demand 10 a . to 20 a . more . Fish oil remains nearly unsaleable . Sperm , 88 ? . ; pale southern , 86 ? , to 86 ? . ; pale seal , 37 ? . 10 s . to 88 ? . ; cod , 88 ? . 10 s . to 847 . Whalb Fnre .- —A small cargo Greenland sold at 650 ? ., with undorsize at half price .

    Turpentine . —There have been no arrivals , but 2500 barrels close at hand have sold at 10 s . 6 d . per cwt . American drawn Bpirits are purchased in small quantity at 89 s . with cask , and English at 88 s . naked . Tallow . —We have had very little speculative business doing oince our last report . There lias been a fair consumptive demand , but the bulk of the delivery haa for the most part been made under old contracts . The settlement for the month was easily arranged yesterday at 49 s . 8 d . Taganrog , and othor aorta , have materially facilitated the consumers both here and at the outports , P . Y . O . having been offered for solo vory eparingly , but it is probable sellers may bo more froo , as heavy deliveries will doubtless be made on contract for Oot .-Deo . The price at St . Petersburg ia still too dear to encourage Importers . To-day we leave off quiet at 49 s . 8 d . to 4 . 9 s . 6 d . on spot . ; 49 s . 'Qot .-Dec . } 49 s . 0 d .

    1042 The Leader,

    1042 THE LEADER ,

    [ No . 445 , October 2 , 1858 .

    Railway Intelligence. From The Statement...

    RAILWAY INTELLIGENCE . From the statement issued by the Manchester and Sheffield Railway Company , it would appear that the labours of the liailway Congress are not likely to prove as successful as its members antici pated . We were prepared to find that the working of the scheme for general pacification would not be smooth and easy in every direction . We felt satisfied that opposition would be raised in Unexpected quarters , and especially by those companies which might conceive that the congress had not done them justice according to their own notions , or had baffled their concealed design of cribbing from the traffic proper of a rival , or of driving their line into the territories of a neighbour . But , at the same time , we felt tolerably well assured that the condition of the railway interest and the exasperation of disappointed shareholders would be certain to produce such an effect on the mind of directors and officials as to

    force them to come to some common determination by which rivalries , encroachments * lavish and profitless expenditure , and ultimate ruin would be averted . The Manchester and Sheffield Company set forth their case in this form : — " The Great Northern and Manchester , Sheffield , and Lincolnshire Companies proposed , 011 the conclusion of ilie Railway Congress , to the London and North-Western Company , that all questions between them , of every description , and . whether the subject of litigation or not , should be referred to arbitration , with a view to tlie establishment of a permanent peace . . .

    " This proposition was not accepted , though it was stated it would , be considered , and the nest day the London , and North-Western Company repeated the proposition ( which had previously been declined by the Great Northern and Sheffield Companies ) of an arbitration or rates and fares only , and named Mr . Cawkwell , Mr . Xewcombe , and Mr . Allport . ' This proposition ^ was again declined by the allied companies . . , " Subsequently , the Sheffield Company again proposed that all questions of difference with the London ami North-Western Company 6 f every description * and whether arbitration

    under litigation or not , should bo settled by , two directors first meeting to dispose of as much as coulil bo agreed , the proposition to stand over for acceptance or rejection until the 23 rd inst . " This proposition not having been accepted by tho London and North-Western Company , the Sheffield Company ' s Board met on Friday last at Sheffield , and passed a resolution approving what had taken place , and expressing dcop regret at the non-acceptance of » proposition which was in strict accordance with the resolutions passed at the Railway Congress held at the Euston Hotel on the Oth inst . "

    But of course the statement is e xparte , and must be received with caution . The statement from which we extract the above has this comment : —" Thereare two questions in dispute , one respecting the fares and rates to be charged in future by the companies , and the other affecting the rights of property in the Manchester railway station . It has been proposed by the London and North-Western Company to refer the question of fares and rates to the arbitration of certain railway managers , who are fully competent to decide the question . Tho Great Northern and Sheffield companies say they must have all matters in dispute , whether under litigation or not , referred to arbitration , and so the case stands at present , " There does not appear to us to be any vory insuperable difficulty in coming to a mutual good understanding on tho points of difference , provided botli parties are honestly disposed to act in good faith towards each other . Wo should recommend tho throo

    companies to make their election quickly between continuous opposition . with continuous loss , and settlement of differences . and enhanced dividends , it competition is to continue , wo aro satisfied tho shareholders will very soon step in and deciao the question . , ,, e Tho half-yearly meeting of tho shareholders ot the Portsmouth Railway Company was held on Thursday . Everything wont off very satisfactorily , and tho four retiring directors wore re-eloctcd . Tho half-yearly meeting of tho Dublin and Kingstown Company was hold on Saturday in Dublin-, » dividend for tho hnlf-yoar of 41 por cent , was do-C Tho report of tho Watorford and Tramoro Company presents no striking feature . Tho capital nccount showed that 77 , 350 ? . was tho amount antl 10-rised to be raised , and that 63 . G 00 J . had boon ruiscd , leaving 13 , 750 / . to ba raised * • ., Tho lino from Johnson , on the South Wales 1 Itou rni

    way to the iown of Milford ia now in course ni »« formation , under tho superintendence of the Messis . Xaicas , the contractors , and the directors oxpeoltine tho ra Iway wM bo complotod early in the ensuing

• Citation
  • Leader (1850-1860), Oct. 2, 1858, page 26, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_02101858/page/26/