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Leader (1850-1860), 16th April 1859, Edition 2 of 2, Page 27

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      1^, 473^ April 16,1859.1 The Leader, 507

      1 ^ , 473 ^ April 16 , 1859 . 1 THE LEADER , 507

      Home, Colonialy And Foreign Produce Mark...

      HOME , COLONIALy AND FOREIGN PRODUCE MARKETS .

      Review Of The Week. Friday Evening, The ...

      REVIEW OF THE WEEK . Friday Evening , The only obstacle to increased business has been the uncertainty . which prevails respecting peace or war . The sales for home consumption have been of an average character ; but , certainly , purchasers have been restricted in their operations by causes which have reference to Continental embarrassments . If anything , the prices of produce , generally , are a shade lower . ht for

      Sugar The e xtensive public sales broug - ward attracted much attention , and a good portion ¦ wa s sold ; but with the exception of the Java , which was of superior quality and realised prices above the valuation , the market was without animation and prices mostly a little under previous terms . British West India . —Fresh supplies are not yet ^ Mauritius . —Good yellow , 42 s . to 42 s . 6 d . ; crystallised middling yellow , 43 s . to 44 s , ; good and fine , 45 s . to 46 s . ; white ( duty 16 s . ) , 47 s . 6 d to 49 s . Bengal . —Benares , 42 s . 6 d . ; white , bought m at 43 s . 6 d . to 46 s . Penang . —Middling yellow , 41 s . 6 d . Madras . —Native , good brown , 32 s . ; yellow , 34 s . to 34 s . 6 d . ¦ ¦ ¦ . . " ' ¦ ' ¦¦ ¦ . . . 2934 baskets

      Oils . —Cocoa-nut is only in limited request at previous prices . Palm Oil . — -There is not much business doing , and fine Logos is worth . £ 44 10 s . to JE 45 . Linseed . —maintains previous prices , but business is not actiye . Kafkseisi > . —The demand is without improvement , and good to fine Calcutta may be bought at 45 s . to 49 s .. Fine Bombay Guzerat is worth 57 s . to 58 s . Castok Oil . — Ordinary seconds at 5 £ -dV to 5 | d . Tallow . — -The market for YC is quiet at 53 s . 3 d . on the spot , and at 54 s . for the last three months' delivery . Linseed On . is quiet and rather easier , the present price being 28 ? . 15 s . Rape Oil is steady with no change in prices .

      Tix . —Advices from Holland state that the quotation tliere is reduced to 79 f ., but the rise in English will probably enable sellers to recover the fall . Tin plates are 6 d . per box dearer , I C coke being now worth 26 s . 6 d . to 27 s . Scotch Pig Iron . —The market exhibits a slight improvement , and closes at 5 . 1 s . Gd . cash , for mixed numbers . Spelter . —The market is quiet but there are no sellers under 211 . 15 s .

      Foreign . — At . the public sales , ,. strong Java were nearly all disposed of at full prices to Is . above the valuation ; fine brown ( duty 12 s , 8 d . ) , 40 s : to 41 s . ; middling to good yellow ( duty 13 s . 10 d . ) , 42 s . 6 d . to 45 s . ; fine yellow and gray , 46 s . to 47 s . 6 d ., and white ( duty 16 s . ) , 47 s . to 49 s . ; Clayed Manilla sold at 38 s . to 38 s . 6 d ., being 3 d . to 6 d . lower ¦;¦ Havannah fiorette ( duty 16 s . ) bought in at 46 s . to 48 s . ; yellow . 41 s . Gd . to 42 s . ; ordinary to fine brown , 38 s . to 40 s . 6 d . ; washed brown and yellow , 36 s . 6 d . to 42 s . ; florette ( duty l ^ s . ) 45 s . to 46 s . By private contract Havannah , brown and yellow , together averaging about No . 11 , at 42 s . A floating cargo of 4 , 000 bags brown Perriambuco has been soid for the United Kingdom at 24 s . 6 d . landing weights . Ha ^ v-annah of the new crop , No . 12 , at 29 s . for London .

      Coffee . —Plantation Ceylon in public sales went off at about Is , per cwt . above previous terms ; low middling small , 73 ; middling , 75 s . to 77 s . 6 d .- ; peaberry , 81 s . to 85 s . Gd . ; the good blue quality bought in yesterday , was afterwards taken at full prices ; clean garbled yellowish Mocha , first class damaged , 85 s . 6 d . Cocoa . —The fine qualities of Trinidad find ready buyers at extreme rates , but other sorts are neglected ; fine red , 05 s . ; San Antonio , 71 s . to 76 s . ; Grenada bought in at 40 s . to 42 s . Tea . —The letters by the China mail were delivered this morning , and the market has decidedly improved . Black " leaf Congou sold to a limited extent in many instances at Ad . advance , and Is . 2 Jd . has been paid for very good common Congou .

      Rkce . —Bengal , white low and middling , 8 s . to 9 $ . 4 £ d . ; fine 12 s . to 12 s . 3 d . Necranzie Arracan , 8 s . 3 d . to 8 s . 4 £ dM and ltangoon at 8 s . Sago , —Tho parcels offered by auction were held above . the previous vnlue and bought in . AitRowitooT is dull of sale , and the parcels in auction were only partly disposed of . St .. Vincent , 3 d . to 4 !} d , ; fine 7 d . ; tins , 8 & d . to 5 d . ; tins of the mark NG bought in ( I . Jd . Pimento , . ' 3 d . to 8 & d . ' Cassia Lkjnisa has declined Is . per cwt . ; ordinary , first pile 88 s . to 89 s . ; second , 80 s . to 87 s . ; third , 82 s . Mace . —Of middling sliipping quality , is . 2 d . to Is . 3 d .

      Nutmk , G 9 sold rathor chcai ) er ; small la . Gd . ; middling " Is . ed . to Is . ltd . ; good middling 2 s . per lb . Salxj'ktius . — Of Bengal , averaged a reduction of Is . 6 d . i > oi' cwt rei'metion ; 13 j-por oont . 37 s . Od . to 38 a . Gd . ; U . J to 4 per cent . 40 s . to 41 s ,. ; and 2 ' i per cent , 41 s ., to 41 s . Od . . Jute . —The market continues dull , with drooping prices . IIkmi ' . —Manilla greater part , bouglit in fair at 252 . j ordinary , indirect , 221 . 10 s . 1 damaged , first class , of tho for mo r 21 / . 2 s . Od . to 121 / . 7 s . Od . ; of tho lattor 2 \ l ., oxeopt vory low lowost sold at 91 . 5 s . to 10 * . fi 8 . Com Yaiiv , —Coy Ion , 252 . por ton .

      Cooiukkai ,. —Of tho rcuont arrivals of Mexican , fiS bags wcro ofT ' urod by auction , and sold at 3 s . 9 d . to 48 . for black , ami . 'Is . 4 d . to 3 a . Gd . for silver , tho latter being Id . lower . Honduras silver partly at 3 a . 3 d . to fls , Od . SAiwiwOWKit . —Bengal , boing nearly nil tho romainjflg unsold stock , sold ratlior ir . rogularly , commencing cheaper , but closing with more firmness , ap tho previous valuo j prices ranged from Ji-1 5 s ., for low and loose quality , to JM 10 s . for very good .

      Railway Intelligence.

      RAILWAY INTELLIGENCE .

      A Special Meeting Of The Portsmouth Comp...

      A special meeting of the Portsmouth Company was- held on Thursdaj ' . The solicitor read the heads of a bill authorising the amalgamation of the undertaking with that of ' the-London and Souths Western Company . A long discussion ensued , in the course of which an amendment was carried , to the effect that the bill be hot approved unless within one month from that date , certain proposals were accepted by the . South-Westcm Railway Company , and that an agreement to that effect be sealed by that company . . The directors of the Great Southern of India Company paid on Thursday into the treasury of the India-office . £ 70 , 000 , making , with . £ 50 , 000 already paid , . £ 1 : 20 , 000 . This amount does not include the sums which have been paid in Madras .

      Milforp Haven.—-^ Route To Ireland.—Mr. ...

      Milforp Haven . — - ^ Route to Ireland . —Mr . J . Orrell Lever , M . P ., the founder of the Gal . way line of steamers , and one of the directors of the South Wales Railway Company , had an important meeting with the leading- gentry of Pembroke , on Thursday evening , for the purpose of concerting measures for the full development of the capabilities of Milford Haven , as another route to Gal way for . Southern traffic . Amongst those present were the high sheriff of the county of Pembroke , William Owen , Esq ., ' Mark Sauriri , Esq ., of Orielton , John Adams , Esq .., J . P ., of Holylund , the Mayor of Ilaverfordwest , E . Stanley , Esq ., D . L ., the Rev . Mr . Hort , Dr . Thomas , D , L ., J . P ., William Walters , Esq ., banker ; Messrs . Ford and Jackson , Mr . Birchenough , London ; Mi * . Cantwell , Dr . Gray , Dublin : together with leading merchants of tlio

      district . The most earnest determination was manifested by tho gentlemen present to give to Mr , Lever tho most efficient aid and support in carrying out the several views enunciated , amongst which were , the establishment of a rapid lino of steamers between South Wales and Watorftml for postal communication with the south of Ireland , and the plaoing suitable steamers Jon [ from Milford to tho several principal ports of tho south of Ireland for general traffic . The strongest fool ing was manifested in referenco to tho carrying out of these views , and it is believed arrangements aro being made in tho borough of Pembroke to return at the coming election u commercial representative , who will give his whole time , energy , and attention to their development . The gentry ond Londoners present pledged themselves to givo this movement every , effect ,

      Uaimvays- ix Fokti . 'gal . —The dobato on the railway 'question is going on in tho Portuguese Cortes , but it were premature ns yet to predict anything as to tlio result , although thero is still every probability that Sir S . JL ' eto ' s party will bo successful . Mr . M'Keonc , Sir S . Pcto ' s manager , has returned to England . Human 1 Iaii . wav . — According to n telegram rocoivqd on . Tuesday , tho lino from Homo to Civitu Veecliia wau to bo opened to the . public last Thursday .

      Aubtuian Lim : « . —A fow days ago tho verona-TriustQ Hallway , owing to tlio most vigorous exertions of the Ministry , was opened for regular traffic ; a continuation of tho lino to Uotflon is in i > rogross , and llkowiso noiir eonipletion . This road , as connecting' tho North Italian plain , with tho valleys of Southern Tyrol , mul linking the Gormanic territory of Austria to her lionibardlan possessions , must bo considered us 0110 of tho most important stratogioal lines of communication .

      Joint-Stock Companies.

      JOINT-STOCK COMPANIES .

      At The Half-Yearly Meeting Of The Surrey...

      At the half-yearly meeting of the Surrey Consumers' Gas Company , the report and accounts were at once adopted . The'dividend declared was at the rate of 8 per cent , per annum , the amount available being £ 5 , 399 , of which . £ 5 , 017 will be absorbed , leaving a balance of £ 382 to be added to the credit of the revenue account .

      The National Flax Company (Limited).—Thr...

      The National Flax Company ( Limited ) . —Three has latterly been a complaint of the yield of flax not being equal to the demand , and it is moreover stated that this deficiency comes at a time when there is an increasing demand for our linens . Under these circumstances , a company comes , forward to promote'the-growth of flax in this country , an agricultural proceeding that has been much neglected . It is calculated that very large tracts of

      country at home can be brought into profitably growing flax ; and greatly enlarged means taken to import it from our colonies . It is also found great defects exist in the process of preparing flax for manufacturing purposes ; and the Company has at its disposal the patent and services of Mr . G . A . Cator , which will place us on a level , if not put us in > a superior situation to thatof the Belgian and German manufacturers . Altogether the prospectus of this Company is well worthy of attention .

      The South Devon Iron and General Mining Company ( Limited ) . —This company , which was in the market for £ 100 , 000 a week ago , has already raised £ 40 , 000 of this sum ; enough to obtain complete registration . This concern , promoted as it isby persons of known respectability in London , and its mineral worthiness vouched for by competent people on the spot , can be floated iiow-a-days " with a degree of ease that would have puzzled long heads , ten or twenty years since . The fact , is , that , ' as-iik the case before us , a few nien of character and position— not nobodies , or worse—who under the old regime dared only to invest furtively in'Other than incorporated companies , now venture not merely

      toavow their connexion with , " limited " bodies , but also to invite their acquaintances to join them . The " wise man of the east , " , when-he staked hisfirst pound staked also his last shilling , was never ljkely to persuade his fellows into his company as shareholders with any energy ; but now that a pound share is a pound' share , and the public are beginning to see the working of the Act , he can back liis own opinion with-spirit , and pointing to Ms own investment can challenge his neighbours to a similar one ,, without any uncomfortable visions of future responsibility . This project embraces the working of many

      mines— -iron and tin , chiefly known as The Atlas-Iron and Tin Mines , in the Dartmoor Granite River . Undoubtedly the working such mines is legitimately within the scope of a joint-stock association , being beyond the power and capital of individuals . The reports of the inspectors are full and explanatory , and will enable any one to judge for themselves of the feasibility of the project and the prospects of working . No less than five large plans and maps give every particular as to the position and nature of tho property to be worked , which baa the peculiarity of being a freehold , exempt from royalties , rents , or surface damages .

      The 'General Patent Company . —Every one has heard a dismal tale , or has known a lamentable instance of an inventor losing or sacrificing the result of some great invention . Thero are too many instances of men of genius wasting their lives in pursuing some groat idea , which , when worked out , benefits the world , but ruins him . Too often also , at the last moment , he sells his idea for some small sum , and thus sacrifices long years of study and toil just at tho moment itwouldland him on competency and comfort . Nor is tho inventor tho only sufferer .

      for society doubtless often loses tho advantages of important discoveries , because tho discoverer ha & no nioans of pursuing his experiments ,, or abandons them , bucauso ho has no hopes of carrying them into practice Tho 'General Patent Company professos to remedy these evils , and to assist the young discoverer to promoto tho completion of all serviceableand practicable inventions . Tlioro can bo no doubt that if it fulfils its intentions ami promises , it will do a groat deal of good , both to men of talent and society at largo , and at tho sumo timoyield a very Imp profit to its supporters and shareholders . Businoss has boon

      China : State of Tuadj ; . — dull at Hong Kong during tlio last iortnight , but brisker , especially In imports , nt Canton . During tho last fortnight wo have only to note tho cloparturo of three vcssols for Great Jirltam , with tea ,: — From Ciiiion , tlio Glon . lowor , with , 054 , 800 lbs . ten . ; Crisis , will . -130 , 800 lbs . From Fuh-eliau , tho Herculean with G 3 o , C 00 lbs . From Shanghai , . none . Tho tut 11 I uxnort of ton for the soason amounts to 30 700 ( loo lbs . To tho Unltod Spates there has been no doimi'turo sinoo tho dospatoh of last mail . Tho otul export v £ tea for tho season amounts to

  • Citation
    • Leader (1850-1860), April 16, 1859, page 27, in the Nineteenth-Century Serials Edition (2008; 2018) ncse-os.kdl.kcl.ac.uk/periodicals/l/issues/cld_16041859/page/27/