Papurau Newydd Cymru
Chwiliwch 15 miliwn o erthyglau papurau newydd Cymru
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REVIEW OF THE CORN TRADE.…
REVIEW OF THE CORN TRADE. 1 OF THE CORN TRADE. 1 Although the weather has somewhat taken up during the week, with a tendency to more cold, the change has not been great enough to drain the land, or to make the opening fruit blossoms more secure from danger. Ap- prehensions not only exist here but on the Continent, as respects the fruits and corn, and some farmers begin to put reserve upon their remaining stocks, in the ex- pectation of amended prices. We have repeatedly noted that nothing is safe that is unseasonable, and the present wet and warmth are more threatening than last summer's sun. The heat then was excessive, but we had a right to expect a good measure of it; while the warmth then penetrated the ground so deeply that a common winter would have been moderated by its effects. Now we have it warm above as well as below, insomuch that plants usually late in breaking their foliage begin to show it, and only one sharp night would do much mischief; as it would seem presump- tuous to hope to pass through the winter and spring without such a visitation. Market-gardeners therefore and greengrocers, who suffered severely from the drought, are threatened again with but a poor chance of escape, and should we steer through the ordinarily severe time unhurt, the blooming of the Wheat forced thus early will be doubly hazardous. Still the state of the Corn trade in no way improves. Wheat has con- tinued dull, but without a positively general decline, and all spring corn has been further reduced by the present foreign supplies; although more so by larger expectations for if once foreigners get the notion that the first opening of the ports will be the best chance, we shall certainly have an unmanageable accumulation. There is, however, some stop to the downward move- ment of Wheat in Paris, and several of the country markets of France, as also in Belgium while the best qualities have been in such demand at Dantzic that rather higher rates have been paid to secure these. In New York, after a temporary advance, as the conse- quence of improved English advices, prices of bread- stuffs had rather fallen back, after fair exports for the time of year. And, as it was considered two-thirds of last year's crop yet was on hand in the interior, and that May exports would be met by further early arrivals from the Black Sea for Great Britain, exporters were not sanguine as to the result, which added to the decline prevailing.
THE CORN TRADE. I
THE CORN TRADE. I We had very heavy arrivals of foreign barley and maize last week, the other supplies being good. Exports 442 qrs oats, and 40 qrs maize. English wheat, 4,689 qrs foreign, 16,377 qrs. There was a short supply of fresh samples this morning from Essex and Kent, mostly in very rough condition. Good dry samples, being scarce, maintained last week's rates the rest were next to unsaleable. With a fair attendance from the country there was rather more demand for dry foreign, at fully as much money. Country flour, 19,766 sacks; foreign, 2,099 sacks 2,7-50 barrels. The trade remained inactive, but Norfolks and other country sorts were not offered at less money. Foreign sacks and barrels only moved oS, in retail at the previous quotations. Town rates were still 47s for the best. Maize, 28,953 qrs. With this heavy supply, rates were reduced fully Is per qr. British barley, -3,921jqrs foreign, 51,9301qrs. Malting sorts not being very plentiful the price was unaltered but the large quantity of foreign grinding reduced rates fully Is per qr. The malt trade remained very quiet. English oats, 579 qrs Irish 1,690 qrs foreign, 20,344 qrs. While the best fresh Swedish were unaltered in value, Russian sorts in granary were rather easier, and inferior light corn was down 6d. Native beans, 568 qrs foreign, 6,200 qrs new sorts were further reduced Is to 2s, and old Is. English peas, 110 qrs foreign none. Both boilers and hog-foed were Is lswer. Linseed, 14,0-55 qrs export, 2,091 qrs. Seed was :steady, and cakes quite as dear. Cloverseed, with little doing, was firm. Tares were more in demand at 45s to 47s for small, and 56s to 60s for large. White mnstard main- tained the late advance, the best being worth 18s per bushel. CURRENT PRICES OF BRITISH GRAIN AND FLOUR IN MAKK-LANB Shillings per Qr. Shillings per Qr. Wheat-Essex and Oats English po- Kent, whit?, 5-3 to 59 tato 32 — 35 Ditto, fine old Ditto, Scotch feed — Ditto, red, new 47 51 Ditto, potato — — — Ditto, old. Irish feed. white 24 26 Norfolk, Lincoln- Ditto, fine 28 30 shire & York- Ditto, black. 22 26 shire, red 45 49 Ditto, fine .28 30 Ditto, old Beans-Maxagan 38 39 Barley 35 38 Ticks 38 39 Grinding 32 3,5 Harrow 41 4,3 Chewhiier, 45 50 Pigeon 47 50 Distilling 41 43 Peag-new, white, Malt-Essex, Nor- boilers 42 — 44 iw, n-i .,fl¡: :Nä¥n.>. 15 47 Kingston, rraie, Flour-Towri house- and town-made 69 — — holds, per suck of Ditto, fine — 280 lbs 42 47 Brown 54 62 Country 32-33 Rye. 40 42 Households H 47 Oats-Engliah feed 28 31 Norfolk & Suffolk, on shore 31 32 ARRIVALS THIS WEEK. Wheat Barley Oats. Beans Peas. Flour Qrs. Qrs. Qrs. Qrs. Qrs. Sacks brls English. 4689 2-586 579 563 110 111766 — Scotch.. — 133-5 Irish — 169) Foreign. 16377 5193J 2U444 6200 — 2099 2750 Total 21066 558-51 22613 6708 110 2186-5 2750 COUNTRY MARKETS. CARMARTHEN, 20th.—A large supply of corn, all rather out of condition, for which the demand was dull. Wheat 6s 4d, barley 48 3d, oats 2s lOd per bushel. Flour 388 per sack No demand for barley or feed stuff CARDIGAN, 20th.—Trade is dull, and business being without life yet without much reduction in value, but little business is done. Wheat 6s 6d to 7s, barley 43 to 4s 6d, oats 2s 8d to 3s per bush. FISHGUARD, 18th.-The weather during the past week has been rather showery. The attendance was small, with a limited supply. Wheat Gs to Gs Gd barley, 4s to 4s 3d; oats, 23 9d to 3s per bush. CARLISLE, 20th.-There was a fair supply of wheat, but the rates were down fully 6d per Carlisle bushel. Oats sold well, and there was a steady demand for barley. Prices Wheat white, new, 17s Gd to 20s 6d wheat, red, new, ]7s to 18s 6d barley, new, 15s to 16s; oats, potato, new, 10s to 12s per Carlisle bushel oat- meal, 2s 4d to 4s 6d ryemeal Is 6d per stone. DONCASTEH, 20th.-Our market was well supplied with wheat this morning, and sales progressed slowly at 6d per load less money than last week, prices being quoted as follows :-New wheat, 18s to 20s fine 21s to 22s per load and old wheat the same. There was a fair demand for all kinds of barley general prices ran about the same as on Saturday last, but in many in- stances a little more money was obtained. Grinding barley, 40s to 42s fine 44s per qr; malting barley, 44s to 46s fine 48s to 498 ditto new oats, 28s to 30s fine, 34s to 35s per qr; old oats 34s to 36s fine 37s ditto. NORWICH, 29th.-The supply of wheat was tolerably good at this market to-day, but, the flour trade being in a very stagnant state, millers were reluctant buyers, at rather lower prices than last week. There was more barley offering than could be absorbed by the demand, and prices, therefore, ruled about Is per qr lower. In oats, beans, and peas little doing. The weather has continued mild and spring-like, and all vegetation is in a forward state. White wheat, (weighing 641b to 651b), 52s to 56s red ditto (weighing 63lb to to G51b), 48s to to 51:3 best malting barley, (weighing 561b to 571b), 488 to .5013 runs ditto (weighing 551b to 561b), 45s to 47s distilling ditto (weighing 511b to 531b), 40s to 42s oats 30s to 32s per qr. Flour, 33s per sack. Averages — Wheat, 1,334 qrs, 4!)s 8d barley 2,192 qrs, 47s 6d. NOTTINGHAM, 20th.-At to-day's market the supply of wheat was pretty fair, and the condition of the samples very indifferent. A moderate amount of business was done,, at Is per qr less money. The show of barley was moderate and the inquiry inactive prices were rather in favour of the buyer. There was a middling supply of oats, for which a steady demand was expe- rienced, and sales were made at last week's prices. Beans were a small show, and moved off slowly, at about their previous value. In peas there was no material change. Currency to the grower :—Wheat, white, 538 to 57s red 49s to Ö28 per 36 stone oats 33a to 36s per 24 stone beans, 52s to 56s per 38 stone 48s to 50s per 36 stone. GLOCESTER, 20th.—The market to-day was rather lower, and most kinds of grain could be purchased on slightly easier terms. For English white wheat, 6s 6d to 6s 8d new reds, 6s 2d to 6s 6d per 621b was the currency. American, 6s 6d to 6s 9d; Petersburg, 6s 3d to 68 6d; and Odessa, Gs to 6s Gd. Last official average:-Wheat, X2 109 7d beans, 12 9s 3d; and peas, £ 2 6s 8d per imperial qr. KENT, 20th.-The corn trade shows but little tendency towards increased activity. At Canterbury on Saturday there was an average supply of both red and white wheat, samples in good condition realizing last week's rates, while damp samples were difficult to dispose of. In barley grinding qualities were cheaper, and fine malting sold heely, at 50s to 52s. Oats were a turn in favour of the buyer. Quotations:—Wheat,' new white, 4Ds to 55s ditto, new brown, 45s to 52s barley, grinding, 35s to 3Ss ditto, malting, 44s to 52s malt, 70s to 76s; oats, new black, 21s to 30s; ditto new white, 29s to 35s beans, 42s to 43s ditto, small: 42s to 44s ticks, old, 46s to 48s ditto, new, 46s to 48s and peas, 44s to 45s. I SOUTH WALES, 20th.-The little animation lately ex- hibited in the wheat trade of this district has, during the past week, to a great extent, disappeared, buyers, as a rule, manifesting no inclination whatever to enter into fresh transactions. For all descriptions of wheat last week's prices have slightly given way, and even at a reduction millers only purchase sufficient for immediate requirements. Barley have been freely offered and and prices declining. Beans continue firm, at last week's quotations. In oats trade is dull and prices are without any material change. READING, 20th,-At the market to-day there was a tolerably good supply of wheat and other kinds of corn. The larger proportion of samples of wheat came to hand damp. Best parcels of white realized from 56s to 58s intermediate sorts, 52s to 54s and inferior 45s to 50s best parcels of red wheat, 52s to 54s intermediate, 46s to 49s and inferior, 43s to 47s. Malting barley sold at 46s to 20s distilling, 41s to 45s; and grinding, 26s to 28s. There was a good show of oats, and all fine parcels fit for seed were taken off somewhat readily, at the full terms of last week. The other discriptions did not alter in value. Fine Poland oats were quoted at 28a to 34s Waterloo, 25s to 30s; and Tartary, 22s to 25s MALTON, 20th.-The wheat trade was flat to-day, and sales were only made at prices Is to 2s below averages. Barley, also, could not be sold except at lower rates. Oats a dull trade, but prices about the same. Week's averages:—Wheat 46s 5d; barley, 37s 6d oats, 27s per imperial qr. Potatoes are coming in fast, and are mostly much grown. Table sorts taken by dealers at JE3 to £ 4 per ton. In seed only early kidneys are asked for, dealers bidding 6s per bushel. NEWCASTLE-ON-TYNE, 20.-The supply of English and foreign wheat this week is short, but in the absence of the demand scarcely any transactions have occurred. Arrivals of flour have increased, and both English and foreign are difficult of sale, at declining rates. We have a large delivery of wheat from our farmers to-day, which sold slowly, at fully Is per qr decline. Not a transaction recorded in the stands. Barley Is and oats 6d per qr lower. THE CATTLE TRADE. With British-fed beasts we are but moderately, sup- plied, and the demand for such being free, trade ruled brisk. The best lots changed hands freely, and selected breeds in some instances at an advance on our top quotation. The demand in foreign market is also active, and all will be sold. The mutton trade is brisk; subjoined rates are well maintained, and a clearance is being speedily made. The veal trade is firm good calves are wanted, the supply on offer being quicly sold at full rates. Pork also firm. COMPARATIVE STATEMENT OF PRICES AND SUPPLY OF CATTLE AT MARKET, ON MONDAY LAST. At per stone of 81b., sinking the offal. Total Supply Beef. 38 6d 5s 84 I Beasts 3690 Mutton 48 Od 6s 3d Sheep and Lambs 16030 Lamb Oe Od -a -d alveii 118 Veal 38 6d 68 2d Pigs 130 Pork. 3s 4d 58 Od ] ARRIVALS. From Foreign 1800 beasts. Scotland 247 „ „ Ireland 70 „ „ Norfolk and Suffolk 1000 „ „ Midland & home counties 573 „ Western Counties „ THE COUNTRY MARKETS. LIVERPOOL, Feb. 22nd.-The supply of cattle and sheep was much less than on Monday last, and the demand good for each at very high prices. Beef, 6 d to 8 1 2 d; mutton, 7gd to 9 par lb. There were at market 2,071 cattle and 6,922 sheep. BATH, Feb 20th.-The market was tolerably supplied with carcasses, which met a fair demand. Beef sold at from 4s 8d to 5s per stone of 81b mutton 4s 8d to 5s 6d veal 4s 8d to 6s pork, 4s 4d to 4s 8d lamb 10s to 12s I per qr. The retail prices of meat per Ib are :—Beef, 6d to 9d mutton, 6!d to 8jd; veal 7d to lOd. pork 6d to 9d. CARLISLE, 20th.-There was a small supply of cattle at market to-day and a moderate number of sheep. Irish cattle realised the prices quoted last week. A lot of geld beasts brought from jElO to X12 each. Milch cows did not attract much attention. A lot of half-bred sheep sold at 30s each, being a reduction of 5s a head upon the prices asked early in the day. DONCASTER, 20th. Milch cows and young stock were in large supply, and for the most part met with a fair sale at about late rates. Milch cows, J616 to X18 each heifers, L12 to L14 sturks, £5 to L7 and calves, 20s to 30s each. A very small sheep market a few lambs on offer, but these met a very slow inquiry, prices being about the same as of late-namely from 30s to 35s each. GLOCESTER, 20th.-At our monthly market this week there was an unusually good attendance of buyers and I' a good supply of fat stock, which fetched remunerative prices Beef realized i jà to 8d, and mutton 8'd to 9d per lb. pigs, lis 6d to 12s per score. MALTON, 20th.—The show of beasts was limited and ,# mileh O,ww RTP? in request consequent on the early spnag. Sheep which at Midsummer were almost given away are tightening greatly in price, the early pastures and the forward seeds enabling lightly stocked farmers to buy early for carrying on with corn cake and other foods. Ewes varied from 42s to 55s per head, giving an I average of 47s. Butchers' stock in good condition is getting scarcer. Beasts are firm, at 9s to 9s 6d per stone pigs, ditto, at 7s 6d to 7s 9d; and sheep (in wool), ewes 7!d to 8d hogs, 9d per lb. NORWICH, 20th.-The supply of store cattle was not very large here to-day, and the transactions effected were concluded at about former prices. For fat beasts there was rather an improved inquiry. The quotations were 8s 6d to 9s 6d per 141b. The show of sheep was very large, the recent improvement in the trade having largely increased the supplies brought forward. Former prices were about supported, hoggets ranging from 258 to 45s per head. Fat sheep, 9s 6d to 10s per lb. Store pigs 158 to 20s and half-fat, a.5s to 40s per head fat pork, 7s 9d to 8s 3d per 141b. Annexed is a statement showing the imports of live stock at Harwich from Rotterdam for the week ending February 17 :-Sheep, 707 pigs, 594. NOTTINGHAM, 20th.—We bad a pretty good show of milch and barren cows here to-day, and there was rather more animation in the trade Sales were effected steadily at an advance on previous quotations. The value of milch cows ranged from L12 to L22; barre n ditto, from £8 to £ 13 per head. Calves were in moderate supply, and business was done slowly at rates without material alteration from those of last week. Yearling calves may be quoted at X3 to X5 sucking ditto, 20s to 30s each. Sheep were nominal. Of pigs the supply was much below the average, and, there being a healthy tone in the trade, sellers were enabled to obtain more money than could be got on the previous week. WOOL MARKET. There is very little doing in the English wool market. The demand is confined to choice lustrous qualities, which command very full rates. A fow parcels of the new clip has been sent forwards, the quality of which is of a fair average character. PROVISION MARKETS. The arrivals last week from Ireland were 103 firkins butter and 3,201 bales bacon, and from foreign ports 23,476 casks &c., butter, 1,043 bales and 335 boxes bacon. In the Irish butter market there is no alteration of any kind to notice. Foreign butter in good demand, at im- proving rates finest Jerseys advanced 4s to 6s per cwt, The bacon market ruled very firm, and at the close of the week an advance of 28 was established. Water- fords sold at 76s to 783 on board, the latter for best brands. STOCKS AND DELIVERIES FOR THIS WEEK. BUTTER BACON. Stock. Delivery. Stock. Delivery 1867 5370 1720 1550 1340 1868 2600 2650 2690 4040 1869 2960 340 2150 2580 PRICES OF BUTTER, CHEESE, HAMS, &C. Butter, per owt. s. a. jCheese, per owt. a. a. Frietlaud 140 to 142 Cheshire, 66 to 74 Jersey 118 to 130 Double Glo'ster 68 to 68 Dorset, new to — Cheddar 66 to 76 Carlow. to Hams— W aierford to York .100 to 110 Cork to — j Cumberland. 100 to 110 Limerick to Irish 100 to 106 Sligo to Hacon- Fre8h, per doz. 15 to 18 Wiltshire, dried 76 to 80 f Irish, green 68 to 74 ENGLISH BUTTER MARKET. Dorset, fine new milk -s to — s per cwt. Ditto, middling 0s to Os Devon -a to -s. rrt-sh 155 to 18d per dozen lbs HOP MARKET. A better feeling has prevailed in our market during the past week, the transactions in home-growths have somewhat increased. The demand for foreign has also improved, resulting in a fair business, both in Continen- tal and American hops, at prices which fully support last week's quotations. Bavarian reports are hardly so favourable, the firmness in prices noticed last week having quite subsided. The Belgian market is very strong, the greater portion of the growth having been cleared off. New York advices to the llth inst., report favourably of the market, which is gradually becoming firmer, owing to the comparatively small stock on offer occasioned by heavy exports. The import of foreign hops into London last week, consisted of 162 bales from Antwerp, 413 Boulogne, lü.) Bremen, 319 Calais, 72 Dunkirk, 157 Hamburg, and 141 bales from Rotter- dam. Mid and East Kents £ 2 10 to X7 7 Fernharas 3 10 6 0 Weald of Kents. 2 0 4 10 Sussex 2 0. 3 15 Yearlings 2 0 3 10 Bavarians 2 0 3 10 Belgiaiis I 2 0. 3 0 Olds TALLOW. The market is inactive, Y.C. on the spot is selling at 45s 6d per cwt. Town tallow 44s net cash. POTATO MARKETS. BOROUGH AND SrITALFIELDS. The supplies of potatoes are good, and more than equal to the demand. The inquiry has been limited, at drooping prices. The import into London last week consisted of 717 sacks from Calais, 244 tons Rouen, 50 bags Boulogne, 6,105 bags Antwerp, 2,729 sacks Dunkirk, 85 tons 3 bags Caen, and 215 bags from Ostend. Regents. 68t. Od. to 130s. per ton. Flukes. 70s. Od. to 140S. Shaws -a. Od. to -a. Kidneys. —a Od. to -@. Rocks. 60s. Od. to 80s. Scotch Regents 60s. Od. to 130s. Jersey -a. Od. to -a. French whites 40s. Od. to 80a. „ SEED MARKET. The supplies of English red Cloverseed continue to be on a limited scale, and very high prices are paid for such. Belgian samples are dear, and German tolerably high but French qualities, not being good, are not held with much firmness. White qualities were steady in value and demand. The best Trefoils met more at. tention, and were quite as high. White Mustardseed was held for more money. Foreign Tares realized full prices, with a good sale. BRITISH SEEDS. Mustard, per bush., white 10s Od to 12s Od 11 It brown. H. 12s Od to 14s Od Coriander, per cwt 20s 0d to 21s Od Canary, per qr 68s Od to 72s Od Trefoil 22s Od to 24s Od Tares, winter, new. per bushel.. 10s Od to 12s Od Linseed, per qr., sowing. 66s Od to 68s Od „ „ crushing. 60s Od to 62a Od Linseed, Cakes, per ton £ 12 10s to J613 Os Rapeseed, per q r. 56s Od to 58s Od Rape Cake, per ton I. E6 011 to X6 10d Cloverseed, red. 60s 0d to 84s —s FOREIGN SEEDS, &C Cloverseed red 56s Od to 76s Od white 70s Od to 84s Od Trefoil 20s Od to 22s Od HempBeed, small, per qr 36s Od to s Od Dutch 368 Od to 38s Od Coriander, per ewt 21s Od to 22s Od Ryegrass per qr 26s 0d to 30s Od Linseed, per qr., Biltic 56s Od to 60s Od „ Bombay 59s Od to 60s Od Linseed Cake, per ton. £1115s to X12 10o Rapeseed, Dutch. 588 Od to 60s Od Rape Cake, per ton £ — —s to I d
RATEABLE PROPERTY. I
RATEABLE PROPERTY. I On Monday Mr Goschen obtained leave to bring in a Bill to provide for a common basis of vahe for the purposes of Government and local taxation, and to promote uniformity in the assessment of rattable property in England. This measure in its general principles, he said, resembles the Valuation of Pro- perty Bill brought in two years ago by Mr Hunt, Mr Walpole, and Mr Gathorne Hardy. At the moment we write the Bill had not been printed, so that we have no means of knowing its provisions beyond what occurred in the debate on the Metro- politan Rating Bill, which was brought in on Mon- I' day, and from Mr Hunt's Valuation of Property Bili. In London the inequalities of the assessment for the various rates throw the burden of taxation I more heavily on some parishes than others. Several ",a. wen; xtttuica br wr ooacnen. tt is pro- posed to remove these inequalities by a uniform assessment. It appears that the Union Assessment Act of 1862 applies only to Unions in the Metro- polis, consequently twenty-two parishes existing side by side with these Unions were not brought within the provisions of the Act. The new Bill directs these parishes to appoint Assessment Com- mittees. These with the Union Assessment Com- mittees are to elect representatives to form a Certral Board, which is to draw up a common basis of valuation on the scale of deductions given in the Bill. With this common basis the assessment com- mittees will assess the property in their various unions or parishes. Appeals of one Union against the assessment of another are not to be made to the Central Board, but to an assessor who will act as judge. The power of appeal by one Lnion against another is limited to the totals but the Surveyor of Taxes has a right to appeal against the valuation of any hereditament. It is thought that the power of appeal will ensure greater uniformity without resorting to it in many cases. The valuation under the Bill is not only for the poor-rate, but for all local rates and imperial taxation. The scale of deductions is not fixed. The Government, says Mr Goschen, has given con- siderable attention to the question, whether it is possible to lay down anything like a general system of deductions, and they have arrived at the conclu- sion that by making a maximum amount of deduc- tions, and giving the Unions a discretionary power below that maximum, it is possible to do so in a satisfactory manner. Objection has been taken to the scale of deductions on the ground that uni- formity cannot be secured without a fixed scale; and also to the paid assessor. The Times is loud in denouncing the assessor as the dominant person of the scheme, and asks, What power is great enough to delegate such vast authority to him ? The Lord Mayor, according to the most exaggerated concep- tion of foreign fancy, is nothing by his side. He will be able to say with command to this Union, You are too low,' or to that, You are too unrea- sonable,' and they must obey him. We do not find that Mr Goschen explained how this omnipotent creature is to be created. Perhaps he will be named in the Bill, and provision made that on any future vacancy Parliament shall be called together to name his successor. It might be just possible to give the Sovereign a right of making a provisional nomination. Or perhaps Parliament, in its wisdom, may hesitate to call such a Frankenstein into exis- tence; and the President of the Poor Law Board may be asked to devise some other mode of appeal of one Union Assessment Committee against another." Mr Hunt's Bill was referred to a committee in 1867 and some alterations were made in it, but owing to the late period of the session it was not proceeded with. It was in principle the same as that for the Metropolis which we have just referred to. It directed the formation of a Valuation Board to draw up instructions for determining rateable value within the limits of a schedule in the Bill, giving the maximum deductions in the several classes into which the hereditaments assessable under the Bill are divided. The Valuation Board be- comes dissolved on the completion of the instructions. With these instructions the overseers were required to make a valuation list subject to objections before the Assessment Committee. Provision was also made for taking appeals before a Judge of the County Court. The Valuation List adopted by the Assessment Committee was to form the basis for all local rates and imperial taxes. These are the main provisions of Mr Hunt's Bill, which we have given to show the principle on which Mr Goschen's Bill is framed. Both the Government and the Opposition being pledged to the principle of Mr Goschen's measure, we may hope to see it become law in the present session, and the country will then have one uniform assessment for all rates.
UNITED COUNTIES' CHAMBER Of…
UNITED COUNTIES' CHAMBER Of AGRI- CULTURE. We would remind the Members of this Chamber in the counties of Carmarthen, Pembroke, and Car- digan, that the meeting on Wednesday next will be held in the Shire Hall, Carmarthen, at two o'clock in the afternoon, and that the subject for discussion is County Financial Boards." The opening address will be delivered by Mr Bowen, the late member of Parliament for Pembrokeshire. The subject is of much interest, the Government having promised to introduce a Bill in the present session for the establishment of these boards. It is hoped there will be a large and iufluential attendance.
NEW DOCKS FOR LLANELLY.
NEW DOCKS FOR LLANELLY. The protracted negotiations in respect of the new dock scheme have been advanced a -stage, and although matters are not finally settled, it is plea- sant to find oneself a little nearer the end. The dock is to made by the Llanelly Railway and Dock Company and the Llanelly Harbour Commissioners jointly; and last Friday the conditiops were ac- cepted by the Commissioners. Dissatisfaction was expressed by several Commissioners at the bargain they had made but with many of them it evidently seemed a question of docks or no docks. It is to be hoped that every effort will now be made to carry the arrangement into effect. There are a few who doubt the necessity or the expediency of new docks; but it is not going to be said that Llanelly has seen even one-half of its best days. Oil the contrary, looking at the circumstances in the broadest possible manner, and looking ahead too a few years, it is not difficnlt to see that favourable opportunities are opening up for the extension of the Llanelly trade, especially seaward. There need be no very serious apprehensions about the competing port of Swansea, as Llanelly, if well looked after, can always do a fair share of the traffic supplied by the splendid country at its back. Some stress is laid on the decrease of trade during the past four years but it is only fair to remember that those years have been almost unparalleled in commercial history for the stagnation of trade, and general cautiousness, even to a fault, in trading circles. We may mention that the dock will cost from E30,000 to £ 40,000. The Commissioners deserve great commendation for their efforts to get the money, which comes in the shape of a loan, from the Public Works Loan Commis- sioners, as well as for their perseverance in over- coming the numerous difficulties of a negotiation extending over a period of six or seven years. v"
THE FARMERS' CLUB. . -r
THE FARMERS' CLUB. -r The Carmarthenshire Farmers' Club held its last meeting at Llandilo instead of Carmarthen, which has somehow come to be considered the home of the club. The fact is, the farmers in the Carmarthen district begin to exhibit a decreasing interest in the society, and the committee felt that if a little fresh blood were infused it would lead to renewed vigour. Accordingly they sought for once fresh pastures, and were rewarded by an accession of twenty-two new members from the Llandilo district. This is very gratifying, and there is no doubt it will help to unite the farmers of the two districts together more closely. Probably there are many from the Llandovery district who would join, and, after awhile, the club may embrace a very extensive district.
[No title]
At a meeting held in London, last week, the Rev. E. Z. Lyttel, of the English Congregational Church, Car- marthen, was elected a Feltow of the Royal Society of Literature. PHARMACEUTICAL SOCIETY OF GREAT BRITAIN,—At the General examination on the 17th inst., we find that Mr Thomas Francis, son of Mr Francis, Penygraig, Abergwili, was successful in passing the examination fora Pharmaceutical Chemist with honours, previous to .suc- ceeding his uncle, Mr D. LI. Mortimer, Notl-equare, who is retiring from business. 2ND AND 6TH CARMARTHENSHIRE RIFLE VOLUN- TEERS.—Orders for the week ending 6th March, 1869. —The recruits of these companies, will parade in the Woolroom, on Wednesday and Thursday next, at 7'30 p.m. The annual dinner will be held at the Ivy Bush, on Monday next [St. David's Day] full dress will be worn on the occasion.—By order, BROWNE EDWARDES, Captain 2nd C.R.V. MUNICIPAL ELECTION.—As we anticipated last week, Mr Lewis was returned unopposed, for the seat vacant through the death of Mr J. Adams. The contest for the other seat, rendered vacant by the elevation of Mr John Thomas to the office of alderman, came off on Monday, the candidates being Mr J. Howell Thomas, auctioneer, and Mr Thomas Jones, late Ironmonger. A very brisk canvass was carried on from an early hour in the morn- ing but Mr Thomas went ahead from the first, and at the conclusion of the poll Mr Valentine Davis, the pre- siding alderman, declared the numbers to be-for Mr Thomas 118, for Mr Jones 57, showing a majority of 71 for Mr Thomas. The mode of voting was as follows: —Each voter handed his paper to the presiding alder- man, who called out the name, the number, and the qualification, which were entered by the clerk. The voting paper was then placed in a box the name of the candidate voted for was not called. ORDINATION.—On Sunday, the Lord Bishop of St. David's held an ordination in Abergwili Church. His lordship preached on the parable of the sower the sermon was exceedingly simple but very forcible, and strikingly illustrative of a clergyman's career. He said there could scarcely be a more important position than that held by a minister of God, when addressing a numerous and attentive auditory. Conscious of the fact that he was the centre to which all eyes were directed, and that to his words all ears were opened, a vain man might somewhat forget his holy office in a feeling of self-satisfaction; but the earnest minister would only feel in an increased degree the terrible re- sponsibilities of his calling. In modern times, when we saw a large congregation gathered together, to listen to the teaching of one famed for his exposition of the word, we should think it very natural that the preacher would put forth his finest efforts, and treat his congre- gation to his choicest eloquence and illustrations but when our Saviour taught the large crowd on the occa- sion to which the text referred, he told them a plain Bimple story of a sower who went forth to sow his seed. His lordship then went on to show that the act of sowing was one of the principal parts, if not the principal part of agriculture, and urged that whatever preparation the field might have received, if the act of sowing was per- formed in a slovenly or heedless manner, it was but lost labour. It was exactly the same in sowing the seed of God's word. He urged them not to be dis- couraged by reverses and want of success and pointed out that even the sacred text intimated that there were many who would not respond to the preacher's appeal, or listen to his teaching. He that hath ears to hear, let him hear," sa'th our Saviour. When they felt down- hearted and dispirited they should recollect that even He who spake as never man spake was scoffed at and laughed to scorn, that even He who spake as one having authority to disseminate the doctrines which he held, and not as the Scribes, who relied on tradition-even lIe was subject to reverses and disappointments. Another danger to be guarded against was too much confidence. A young clergyman often went forth to a parish flushed with success, and with eager anticipa- tions of a useful and honourable career but very fre- quently he soon found, like one of the old German Reformers, that The devil was older than Melancthon," and that the battle with evil was often a sore and an unsuccessful one. In conclusion he urged upon the young men before him, purity of life. and said he believed that it was utterly impossible for a clergyman to win the confidence of his flock or to have the slightest hope of success, unless he, in his own daily life, aimed at being, as nearly as man could be, a living example of the Scriptures which he expounded, and of the sacraments which he celebrated.-The fol- lowing gentlemen were then admitted into holy orders Deacons.-Walter Lloyd Price, B.A., of Jesus College, Oxford; Evan Alban, B.A., of Jesus College, Oxford; Jas. Jones, of St. David's College, Lampeter Geo. Hop- kins Parry, literate, (at the request of the Lord Bishop, of Bangor) Lewis David Lewis, of St. David's College, Lampeter. Prie-sts-David Francis, B.A., of St. David's College, Lampeter John Meares. B.A., of Brasenose College, Oxford Joshua Davies, B.A., of St. David's College, Lampeter; John Jones, of St. David's College, Lampeter; John Lewis, of Hatfields Hall, Durham- David Melvill Morris, B.A., of Jesus College, Oxford. And on the same day the following were licensed to Curades in the Diocese Walter Lloyd Price, B.A., to the curacy of Brecon Evan Alban, B.A., to the curacy of Llangendeirne, in the county of Carmarthen James Jones, to the curacy of Clydey, in the county of Pem- broke Lewis David Lewis, to the curacy of Hcnfenyw, in the county of Cardigan David Francis, B.A., to the curacy of Whitechurch, in the county of Pembroke. THE BANKRUPTCY OF MR LEWIS, LANDLORD OF THE BUFFALO INN.—On Monday, in the Bristol Bankruptcy Court, before Mr Commissioner Hill, Mr E. E. Salmon, of the firm of Henderson and Salmon, appeared for the assigness, and stated that on looking into the accounts he found that the only ground upon which he could oppose the bankrupt was that of contracting debts with- out any probable or reasonable expectation of payment, and although several of his debts were contracted in the latter end of 1868, when he was undoubtedly aware that he could not discharge them, yet he felt that in the face of the cases which had been decided, he could not bring the bankrupt within the clauses of the Act. He therefore offered no opposition. The bankrupt obtained bis order of discharge. COUNTY PETTY SESSIONS.—These sessions were held on Saturday last, before Capt. Davies, and Grismond Philipps, Esq. Henry Jones and Enoch Davies, farm servants, at Lan Martin, Llanstephan, were charged by William John, gamekeeper to William Morris, Esq., Coomb, Llangunnock, with trespassing in pursuit of game, on Sunday, the 14th inst., at Coomb. De- fendants had gone to chapel in the afternoon of the day in question, and after coming out they set traps under the cubs where the pheasants feed, near Coomb Mansion, and were caught in the act of setting them by an underkeeper, named John Davies. Defendants admitted the offence, and were fined jE2 each and costs, which they immediately paid. NEWCHURCH.—It is in contemplation to recon- struct the parish church of Newchrch, in this county. Lord Dynevor, with his accustomed liberality, has, for the purpose, forwarded j620 to Capt. Davies, of Traws- mawr, who kindly acts as treasurer of the reconstruction fund. ST. CLEARS.—POLICE.—On the 18th inst., John Evans, a tramp, was brought up in custody of P.C. Morgan, before Capt. D. Davies, at Carmarthen, and committed, under thevagrant act, to the house of correc- tion, for 14 days.—On the 19th inst., W. Walker, a tramp was brought up before T. Powell, Esq., at Penycoed, for begging, and also committed to the house of correction for 14 days.—On the 22nd inst., the same charged Wm. Martin and William Taylor, before D. Davies, Esq, at Carmarthen, with begging. Martin was committed for 14 days, and Taylor for 15 days to the house of correc- tion. KIDWELLY. PLOUGHING MATCH. —'A ploughing match open to the county, was held on Friday last, in a field on the top of Allt Clun Adda, belonging to Mrs Anthony, of Allt. The weather being so fine, and the prospect from the field so extensive and beautiful, it attracted large numbers of spectators. There were twenty-eight ploughs competing in three different classes, and the general opinion of those competent to judge, was that with very few exceptions, the work was of a very superior quality, and that the most difficult part of the business was that assigned to the adjudica- tors, Mr W. Humphreys, Maesardafen, Llanelly, and Mr Robert Bonville, Trosserch, Llangennech, but their decision has given satisfaction, and is as follows:— First class, to all comers. Theophilus Thomas, Trecor, St. Ishmael, £1 Evan Davies, servant at Penlan Ucha, Kidwelly, 16s D. Rees, Bont, Kidwelly, 12s J. Jones, Tresillw, St. Ishmael, 8s; J. Thomas, servant, Penlan Isba, Kidwelly, 4s. First class-Thomas Richards, servant at Garreg, Kidwelly, Yl William Charles, servant at Garreg, Kidwelly, 17s 6d; W. Anthony, Penlan, Kidwelly, 15s; Thomas Edwards, Penrallt, Kidwelly, 12s 6d; Thomas Erasmus, Moat, Pembrey, 10s W. Walters, Morfabach, Kidwelly, servant, 7s 6d; Seth Morgans, servant, Plas Llansaint, 5s. Second class-Thomas Anthony, Penlan Ucha, Kidwelly, 10s John Gower, Allt, Kidwelly, 5s. A large party dined at the Pelican Hotel, presided over by the Mayor, J. Chivers, Esq., and a very pleasant evening was spent LLANELLY.—UNIVERSITY OF CAMBRIDGE LOCAL EXAMINATIONS.—From the list which has just been issued by the University, it appears that Mr John Innes son of the collector of customs at this port, was one of the successful junior students at the examination held in Bristol, in December last. Mr Innes was a pupil from the New School, in this town, of which Mr Bisset is now master. HEOLFAWR READINGS.—These readings were given on Friday evening last, Mr Ben Jones, solicitor, in the chair. The attendance was very good. The following is the programme: Address, Chairman chorus, Mai," Glee Party; reading, Newcastle Apothecary," Mr C. S. Kirton song, Mr David Thomas violin solo, Mr A. Thomas, (encored) part song, 0 April Night," Glee Party recitation, Mr Dan Christopher piano- forte duett, "Fille du Regiment," Misses F. and E. Williams duet, A.B. C. Miss Hammond, and Mr J. Davies comic glee, Grunters," Messrs Thomas, Holloway and Jenkins; reading, "The Incarnation," Mr T. Saunders; song and chorus, Cartref," Mr J. Davies cornet solo, Mr T. Ace" quintette, Blow gentle gales," glee party; song, "Maypole," Mr David Thomas; comic glee, Call John," Capel Also glee party; comique song, The charming young widow I met in the Train," (encored); The Alusical Party," Mr D. Bowen chorus, Calm be thy Slumbers," Glee Party finale, "God Save the Queen." This entertain- ment was a very comical and amusing one, and is the last of the series. LECTURES.—On Monday evening last, a series of lectures was commenced at the Town British School, by Mr J. Burns, of London, or rather they are a course of popular expositions on The Science of Human Nature" as explained by psychology, phrenology, and physiology and the laws of life and health. The following is a programme of the subjects specially treated upon during the first three nights. Monday evening, How to read a man like a book The doctrine of tempera- ments explained in a new scientific manner." Tuesday evening, Phrenology," a grouping and arrangement of the faculties showing the character at a glance. Illus- trated with many diagrams, being a lesson in the science, showing what phrenology really is. Wednesday even- ing, Impedimenta to health, wealth and happiness, or the stumbling blocks that people put in the way of their getting on. The lectures were all very interesting and highly instructive, and cannot fail to be of great benefit. Mr Burns seems to be well up in the various subjects treated upon. The numerous diagrams which he exhibits make the subject quite plain to the most dull of apprehension. There have been crowded audiences each evening, including the most respectable inhabitants in town. WELSH LECTURE.—On Tuesday evening last the Rev Owen Jones, of Liverpool (late of Dowlais\, deli- vered an able, instructive, and eloquent Welsh lecture on Self-Culture," at the lecture-room of the Athe- naeum. In the absence of the vice-presidents Mr Meyler Daniel was voted to the chair. We much regret that the audience was so small, especially as the the lecture was really valuable, and, indeed, seldom or ever are we favoured with a lecture of such practical value. The lecturer divided his remarks something like the fol- lowing :—Self-culture was accomplished by the use of the reflective power, self-controlling power, the power of the conscience and the sense of duty, intellectual development, breadth of thought, social affections and duties, practical education, not all theoretical with a sense of the beautiful. The very first ncessity of self- culture is determination and temperance, if not total abstinence. In conclusion he enforced the necessity of educating the masses of the people, and proceeded to demolish effectually the arguments used against such a measure. He referred to the numberless inventions in America, which he ascribed solely to the fact that the education of the people was generally far superior to England and to most parts of Europe. Education made men think and reflect, and work done thoughtfully added dignity to labour. The great merit of the lec- ture was its simplicity and earnestness it may well be said of it that he who runs may read." The lecture, besides being eloquently delivered, was illustrated by a few capital anecdotes, which caused roars of laughter. Mr William Harries proposed, and Mr David Bowen seconded a cordial vote of thanks to the lecturer, which was carried unanimously amidst loud applause. LLANDILO. PETTY SESSIONS. On Saturday, before W. Peel, Esq., W. Du Buisson, Esq., and the Rev D. H. T. G. Williams. John Lake, of Cross Inn, Llandebie, was charged by P.C. Rees Thomas, with refusing to quita public house on his request. Defendant admitted the offence, and was fined XI including costs.-David Lake, of the same place, was fined 10s and costs, for the same offence -John Jones, of Cross Inn, was fined 5s and costs for drunkenness. —The license of the Angel, Heolgaled, was transferred from Elizabeth Jones to Daniel Thomas. POLICE.-On the 18th inst., before J. L. Thomas, Esq. Timothy Callighan, a tramp, was committed for 14 days to gaol for begging.—On the same day, before G. B. Jones, Esq. William Thompson, a returned convict, was committed for one calendar month for the same offence.-On the 19th inst., before G. B. Jones, Esq. Six tramps, who gave the names of John Hogg, Alexander MacDonald, George Peach, John Smith, William Johnson, and John Hasbury, were brought up charged with the same offence. The first five were committed for one calendar month each, and the later for 14 days. T T II. -T-v mi i. 1 LiUASSUKJ VilittX.—POPULAR HEADINGS.— xnese iruiy popular entertainments seem to be increasing in interest as their season is drawing to its close. The seventh meeting of this series was held on Thursday night, at the Town Hall, under the presidency of Capt Thomas, 3rd Carmarthenshire Rifles, who, on taking the chair, briefly adverted to some slight opposition which had been raised as to the gratuitous use of the Hall, which however had been removed by the unanimous vote of the Town Council, at a meeting convened for the purpose, which granted the free use of the room, and refunded the payment that had been demanded and paid for the last meeting. He said that the thanks of the public were due to the ex-mayor for his kind services in the matter, and as the programme was along one, he would at once call upon Miss Rees, of Tonn, and Miss Dade, of Llandilo, to commence with the duet Mazurke de Traineaux," which they admirably played on the pianoforte, and were much applauded. It was followed by the song, Milly's Faith," which was encored, but not repeated. W. P. Whittington, Esq., then read The combat between Fitz James and Roderick Dhu." Next came Hearts of Oak," sung most excellently by Mr Morgan Jones, and received much applause. Master H. Walters followed with the song, The Mermaid," which was so loudly encored that the chairman had to reiterate that the rule of not allowing encores must be strictl" observed. Mr Thomas then read a Welsh piece about some inactive fiiid lazy alaters, which was well received. It was succeeded by Live in my heart, and pay no rent," sung with great rte by Mr Benjamin Evans. Miss Walters followed with the song, Won't you tell me why, Robin ?" sweetly sung, and elicited calls of encore. Doctor Dade, of Llandilo, then read the Frenchman's story," with such excellent humour and effect, that although his reading occupied above half an hour, the audience were so charmed that they did not exhibit the least symptom of its being more than double the usual length, but on the contrary, listened with the deepest attention, and seemed to regret that Dr Dade was obliged to defer the conclvsion of the story till the next meeting. The White Squall" was afterwards sung by Arthut Rees, Esq., in his accustomed excellent style, and was loddlt encored. It was followed by Mr Brinley Richard's Deryn Pur," (Gentle Dove) performed on the piano- forte by Miss Rees, who did full justice to the original exquisite air and its brilliant variations. It was loudly and deservedly applauded. Mr G. Price recited an Address to a Mummy," with much feeling, and this dead subject of bygone ages was followed by My galloping horse," of the present day, by Mr F. H. Lewis, which bore off the approval and applause of the audience at a canter, and produced calls of encore from all parts of the room, but which had to give way to Jones' sister," sung by Mr B. Evans, with equal effect and applause. The chairman announced that the next meeting would be on Thursday, the 4th of March, and the proceedings were closed by the National Anthem, played by Miss Rees, who had also to preside at the pianoforte the whole of the evening. LLANFIH AN GEL-AR- ARTH. — PLOUG KING MATCH. —This interesting annual competition came off on Wed- nesday, the 17th inst., on the farm of Messrs. R. B. Byas & Co., Castelldu. There were twenty competitors divided into two classes. The precision and despatch with which the officials set the competitors to work deserve the highest commendation. The day proved exceedingly fine and some hundreds of persons visited the ground. The prizes were awarded as follows :-lst Class—1st prize, JE2, John Phillips, ploughman to Messrs. R. B. Byas and Co., Castelldu; 2nd, ZI 10s, Evan Davies, Lauddu 3rd, iPl, Evan Harries, jun., Rhywlwyd 4th, 15s, Evan Williams, ploughman to Mr J. Evans, Cwm- gwen 5th, 10s, Thomas Evans, Farmers' Arms. Second class, for young men under twenty years of age —1st prize, XI 10s, John Davies, jun., Cwmcathan 2nd, £ 1 5s, David Jones, Pantglas; 3rd, 41, Titus Davies, Cwmbychan 4th, 10s, W. Jones, Nantygragau. The judges were-Mr Thomas Evans, Troedyraur, Newcastle-Emlyn Mr Robert Leyshon, Island Farm, Bridgend, Glamorganshire and Mr Thomas Jeremy, Trefynys, Carmarthen. The sweepstakes for the best team of horses on the field, for agricultural purposes, was won by Mr J. Evans, Cwmgwen highly com- mended, Mr J. Jones Evans, Cwmbychan. The judges were Mr Thomas, Eagle Inn, Llanfihangel, and Mr Evans, Troedyraur. All the judges endeavoured to discharge their duties faithfully, and succeeded, we believe, in an eminent degree. The lst, 3rd, and 4th prizes, in the first class, were won by Messrs. J. and F. Howard's champion ploughs. The committee, with the judges, and all the ploughmen, afterwards repaired to the Saddlers' Arms, Pencader, when they partook of a substantial dinner got up in Mr and Mrs Lloyd's usual style, when all the ploughmen were provided with dinner gratis. Mr Evans, Cwmgwen, Mr Harries, Rhwlwyd, Mr Jones, Blaenblodau, and the hon. sec., Mr J. J. Evans, together with an excellent staff of com- mittee men, have been untiring in their endeavours to make the society as successful as possible, and they have been liberally supported by the following gentle- men: -Messrs. R. B. Byas and Co., Castelldu; Ll. LI. Pryse, Esq., Glangwilly; David Thomas, Esq., Llan- fair; T. H. Parnell, Esq Dolellan J. B. Lawes, Esq., F.R. S., London C. R. Longcroft, Esq., Llanina; and Messrs. J. and F. Howard, Bedford.
- - - - -LLANELLY RAILWAY.—HALF-YEARLY…
LLANELLY RAILWAY.—HALF-YEARLY REPORT. Original Undertak-ing.-The accounts now presented have been prepared in the forms required by the Act of last Session, or as near thereto as circumstances allow. They show the gross earnings of this undertaking during the past half-year as £ 24,459 Is 6d, being an increase of zE446 19s 5d over those of the corresponding period of the previous year. The working expenses were £ 15,445 5s lid. The balance carried to net revenue account is £9,013 15s 7d add balance from last account, X466 l2s 8d; interest on advances to the Swansea lines, :£681 12s 6d do. Carmarthen line, d6324 13s 6d; amount on further account of arrears of revenue of the Vale of Towy railway, £ 1,500; total, LII,986 14s 3d. After payment of interest on debentures, &c., and rent of the Vale of Towy Railway, amounting-together with bad debt written off—to £ 3,791 IUS 3d, there remains a surplus of JE8,192 4s applicable as follows, viz. :—Preference dividends on the A Preference Stock and B Preference Shares, Y,2,744 3s 7d payment of interest guaranteed on Swansea lines debentures, £1,306 10s lid; leaving for the ordinary stock, L4,141 9s 6d; out of which your directors recommend a dividend at the rate of 3! per cent per annum, with a balance remaining [of £ 693 19s 6d. This sum exceeds the amount of interest on advances to the Swansea lines referred to in the auditors' certificate; the proprietors will therefore see that the suggestion therein made is adopted. An im- portant falling off has taken place in the receipts from the Dock and from Railway Dues on Coal for shipment; and were it not for the new traffic which has resulted from the opening of the through route via the Central Wales Railway, and which is derived to a great extent from the new (Carmarthen and Swansea) lines, a serious diminution in the revenue would have been experienced. The new traffic has necessitated addi- tional trains, leading to increased expenditure in loco- motive power, maintenance of way, and other charges. In accordance with the opinion expressed by proprietors at the last meeting, the payments for the purchase of waggons, included in the charge for hire, have been placed to the capital account instead of Revenue as heretofore; but a sum of XI,380 is included in the Locomotive Expenses of the Half-year, as explained in last report, on account of three new engines. The ex- penditure on capital account of this undertaking in the half-year was £9,386 16s Id,—principally in increasing siding and station accomadation at the various junc- tions and on the Vale of Towy Railway. A further outlay of £ 13,750 is estimated as requisite to complete certain improvements, to provide four new locomotive engines, and to pay for waggons recently purchased. The engines are much needed, as the present stock is insufficient for carrying on the business of the lines in the most economical manner and with the revival of the shipping trade, there would be much difficulty in duly affecting the conveyance of the coal with the present locomotive power. Your directors trust that the well-established character of the security offered by this Undertaking is now so fully recognised that proprietors may feel no hesitation in investing in the preference shares, so as to enable the board to raise the capital required for the above purposes as well as to liquidate the temporary loans still outstanding Carmarthen Line Undertaking. -The earnings of this undertaking during the last half-year were JE3969 14s 7d as compared with £ 3,852 19s in the corresponding six months in 1867. The working expenses, owing to the augmented train mileage, shew an increase, being A3,273 9s 6d (inclusive of estimated tolls on the Car- marthen and Cardigan Railway, and charges for use of rolling stock) as against Y,2,689 15s 3d in 1867. The balance of revenue available towards payment of debenture interest was £ 696 5s Id. The purchase of land for this line is now nearly completed the estimate of further expenditure on capital account provides for the lands not yet paid for, including a portion of the ground at Carmarthen agreed to be taken some time ago, and an outlay in preparing it for the purposes of the line. The amount due from this undertaking to the original undertaking on the 31st of December was, with interest, 111,368 12s lOd. Swansea Lines Undertaking.—Although the Swansea lines are in the hands of a receiver, your directors are advised that it is desirable the revenue accounts should be laid before the shareholders, and they have accor- dingly added (by way of appendix) the receiver's accounts for the last half-year, so as to show the position of the lines. The receipts exhibit an advance over those of the corresponding period of 1867 of S2,446 18 ld. Though the depressed state of the coal and other trades in the district retards at present the progress of the traffic of the line your directors look forward to the time when the undertaking will arrive at a more satisfactory condition. Further advances of money have been made during the half-year out of the funds of the original undertaking to the Swansea lines The amount due on the 31st December, was R,23,211 3s 3d. It has been found necessary to deposit a Bill in Parliament for the present Session in order to carry out several important objects. The following director3 retire by rotation at this meeting, and being eligible, offer themselves for re- election, viz. :-William Blount, Esq., and John Townsend Kirkwood, Esq., elected by proprietors in the original undertaking and Samuel Hawksley Bur- bury, Esq., elected by shareholders in the Carmarthen line undertaking. There is a vacancy at the board for a director to be elected in respect of the Swansea lines. William Thomas, Esq., Auditor, retires by rotation, and offers himself for re-election.
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BREAKFAST. -EpPs' CocOA -GRATEFUL AND COM- FORTING.-The very agreeable character of this prepara- tion has rendered it a general favourite. The Civil Service Gazette remarks The singular success which Mr Epps attained by his homoeopathic preparation of cocoa has never been surpassed by any experimentalist. By a thorough knowledge of the natural laws which govern the operations of digestion and nutrition, and by a careful application of the fine properties of well- selected cocoa, Mr Epps has provided our breakfast tables with a delicately flavoured beverage which may save us many heavy doctor's bills." Made simply with boiling water or milk. Sold by the Trade only in lb., ? lb., and 1 lb. tin-lined packets labelled—JAMES EPPS & Co., Homoeopathic Chemists, London. b 48