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On this Page 4
ENGLISH COMMERCIAL.
Age Office, Monday Morning.
Tho Emeu arrived in the Bay yesterday,
bringing the July and August mails. It ap
pears that the Australasian had beon so dis
abled as to render it necessary for lier to put
into Trincomaleo for repairs. The following
copy of a survey previously held upon lier_at
Galle appears in the Ceylon papers : —
II. M.S. Australian,
Galle, 20tU August, 1858.
We, the undorsiprnod, haro, at tho request of Cam
mander Georgo Western, R.N., proceeded on board
tho Australasian royal mail steamer, to examine the
cause of her leaking, and finding it to proceed from
some alight defect ia the packing of the after shaft,
' bearing on gland,' which wo recommend should be
mado good aa well as can be under the circumstances,
but in our opinion thero is no reason why the ship
should not proceed ou her voyage. Wc cannot refrain
from remarking that the ship's pump3 are very de
fective.
(Signed) M. A. Pmtokard, Master Attendant.
John D.tlet Gaby, Commander P.
and O. Caudia.
G. Poole, Lieutenant, R.N., do.
A. Blake, 1st engineer do.
Jons Williams, 2nd engineer do.
The Emou is very little behind her time, and
the brief delav is well accounted for bv the fact
that from the time of her leaving Galle she has
run 6000 miles under steam without any chance
of setting canvas. Captaiii Keatley, it is under
stood, will remain in Melbourne, and is author
ised to detain the Victoria to the 18th instant,
in order to allow time for a supplementary mail
to arrive from Sydney. Captain Small has
already written to liia Excellency with this
view.
The commercial intelligence brought by tho
Emeu presents few remarkable features. The
exports to Australia, as appears from the tabular
statements given in the Home News, are still
continued on a large scale. Hence but little
improvement is likely to bo effected in our
markets.
We annex the following table of shipments
for tho montli of July as comparod with the
average of tho six preceding months.
Average of tha
Julr egalcst first half of
1853.
Agricultural implements ... 1,093 ? 3,120
Ale and beer, Wood, barrels 5,200 ? 4,B7S
„ Glass ... 2,798 ? 2,093
Bagging, Gunnies and sack,
No. ... 107,900 ? 80,302
,, Woolpacks ... 2,000 ? 05,353
Barley and malt, bushels .., 14,955 ? 19, 153
Cement, tons ... ... 150 ? 997
Slates, No. ... ... 525,850 ? 143,255
Canvas ... ... 90 ? 260
Candles, cwt ... ... 2,008 ? 1,593
Drugs, £ ... ... 4,028 ? 8,460
Fish, S ... ... 1,140 ? 678
Frails, £ ... ... — ? ? 989
Earthenware, & ... 3,955 ? 2,942
Glass and glassware, £ ... 3,050 ? 3,908
Gunpowder, lb ... ... 14,450 ? ? 39,805
Hardware] and Ironmon
gery, £ ... ... 20,489 ? 19,025
Haberdashery, £ ... 21,G63 ? 14,500
Hops, lb ... ... 10,313 ...... 11,930
llctals, Bar and rod 'Iron,
tons ... 444 ? £31
,, Hoop and sheet,
tons ... 45 32
,, Galvanised, tons ... 219 ? ? 81
Nails do ... ... 103 ? 118
Sheet lead and piping do ... 92 ? 00
Shotdo ... ... 1 ? '
Steel d« ... ... IS ? 14
Tin, boxes ... ... 2,090 ? S21
Zinc, tons ... ... 17 ? 23
Oats, bushels ... ... 118,900 ? 42,458
Oilmen's stores ... 11,974 ? 10,502
Butter, firkins ... 7,725 ? 2,793
Cheese, cwt ... ... 759 ? 65J
Bacons aud bams, do ... 2,507 ? 2,005
Beef and pork, do ... 004 S3
Salt, tons. ... ... 000 ? 389
Soap, ewt. ... ... — ? 91
Spices, do ... ... — ? 92
Spiritsj llrundy, gallons 17,227 ? 17,994
,, Geneva, do ... 8,003 10,234
„ Rum, do ... 10,068 ? 19,372
„ British, do ... 12,121 ? ? 17,823
Tobacco, lb ' ... ... 19,922 ....... JS,833
Wood, Hewn, Ids; ???„, 393 ? 429
,, Sawn, do ... 2,709 ? 1,732
Wines, Ked, gallons ... 12,141 ? ? 11,511
„ mite, do ... 1G.G27 ? 13,784
Tha following goods show a very large excesa
over the average of tlie six previous months : —
Slates, salt, tin, oats, butter, fish, beef, pork, and
galvanised iron. Tho following have also been
shipped to a much larger extent than indicated
by the average : — Bagging, cement, canva3, can
dles, earthenware, haberdashery, nails, sheet
lead, zinc, bacon and bams, cheese, sawn wood,
white wine. The following aro about the avo
rage : — Beer (in wood and glass), drugs, glass
and glassware, hardware and ironmongery, rod
and bar iron, steel, oilmen's stores, brandy, red
wine. The following show a decrease
Woolpacks, barley ancl malt, fruits, gunpowder,
hops, shot, soap, spices, geneva, rum, British
spirits, tobacco, wood (hewn).
From the Money and City Article of the Home
Ncits »f August 16th we extract the following : —
The tendency to ease reported in our last has made
still greater progress, and the demand for accommoda
tion is now less than at any former peiiod of the year.
The anticipation that the recent foreign drain of gold
would quickly subside, and would have little or no
effect upon tho money market, has been fully realised.
During tho month the supply of money in all quarters
has been extremely large, and the rate for first-clasa
bills, short dates, in the open market has fallen to
per cent. ; six months' paper, 4 to 4J per cent. In
consequence of the relative cheapness of the general
market, the applications at the Bank have again become
very limited, with no prospect of a speedy revival.
During tho next week or two — probably for a longer
period — the market may be expected to remain quiet
and easy at these veiy low rater.
The Bank returns during the month have been satis
factory, and this, coupled with the improved position
?f the revenue accounts and the subsidence of the alarm
created by the injudicious and exaggerated reports of
the naral and military preparations being made by the
Emperor of the French, has caused a decided reaction
in all fixed securities, which are nov in great demand
at higher prices. Consols have rapidly advanced from
weok to week, and were done yesterday at 96.] to 4 P#r
cent. The market at the moment is, however, rather
dull, and prices net so high as at one period.
The tenders for the £300,000 reserved for the publio
out of the New Zealand loan of £500,000, bearing aa
imperial guarantee ol i per cent., wore opened at the
Union Bank of Australia. The applications were
read seriatim, and it appeared that the lowest was at
77j, andthehighestlOUJ. The aggregate of tha tenders
reached £1,120,700, and the lowest and highest indi
vidual sums appliod for wero £100 and £71,000. Tha
biddings appeared in many cases to have been based
on the rate at which tho Indian loan was lately taken,
but the larger amounts were generally at prices
ranging between par and 104$. Tho minimum having
been announced as 107, it was found that applications
foronly £122,000 were above that rate, but £7000
more was afterwards subscribed at 107i in tho room,
while in the course of the afternoon £21,000 in addi
tion was taken up, making the total £150,000 out
of the £300,000. Tho accepted tenders were, from
U.a W AloYnrwW fnr f.OT, (Ifd. nt 1(101 . M- OT
D. Alexander, £25,000, at 103} ; Mr li. Graham,
£10,000, 103 ; A. and G. W. Alexander and Co.,
[ £50,000, at 107J ; Mr O. Saunders, £2000, nadl07i ;
and tho Northern Continental Shipping - Company fo»
£10,000, 'at an eighth abovo the minimum;' the
latter being admitted on account of the insufficiency of
the other applications. It is evident that the minimum
prico haa been fixed at too high a rate ; aud this ia
much to be regretted, for, though the loan is in high
favor, it is not probable that tho remainder will be
taken at the minimum rato. Perhaps 101 to 102 tho
whole would havo been taken off, and the debentures
would have been in demand on the Stock Exchange.
As it is, up to date, only about 200,0002 haa beon taken
of the 300,0002.
The anticipated announcement of the India Com
pany that they are ready to contract for the isBue of
debentures to the amouiit of 3,579,0002, being the re
sidue of tho 8,000,000/ loan authorised by Parliament,
was made on August 4. Like those already taken, they
are to run for five years, to bear 4 per cent, interest,
and to bo in sums of 500 1 and 1000- each, with half
yearly coupons payable in April and October. Tha
tenders, which are to be for not less than 10002 each,
will ba receive! up to Tuesday, the 17th of August,
and so much of the amount tendered as will leave 75 per
cent, due is to be paid on tho 23rd, the remaining
threo instalments of 25 par cent, each, being fixed re
spectively for the 20th of September, the 18th of Octo
ber, and the 15th of November. Persons paying up in
full frill be allowed a discount at the rate of three per
cent. On the last occasion no deposit was required,
and several individuals who had mads biddings proved
to be without means, so that a fault occurred upon sub
scriptions to the extent ef 403,000/, but in the present
case the precaution is adopted of c idling for a depoait
? f 5 per cent.
The minimum price fixed by the India Company for
the loan contracted on the 1st April was 97, tenders to
the amount of £5,000,000 being invited, while the low
est sum for each waa fixed at £ 5000 . The total sent
;n at «r above the required price reached only
4,800,000, but as transactions took plaoo immedi
ately afterwards in the Stoek Exchange at 93 to 98£
many capitalists were subsequently anxious to take
the remaining £200,000. The offers to that effect,
however, wero all declined. The accepted biddings
ranged from 97 to 102, and their average was under
stood to be about 98. The last two instalments of 15
Der cent, have vet to be raid, one on the 10th inst. and
tho other on the 10th of September. The larger por
tion of the loan, however, was paid in full at the com
mencement. The prico of Consols at that period was
9GJ. To day Consols are at 96f, aud India deben
tures 98J to 98i. We expect that 98J will lie the
minimum prico fixed upon.
The gold by tho Shooting Star and Royal Charter,
571,720 /, was deliveied on tha 19th of July ; 210,0002
(iucluding 89,0002 sovereigns) was taken to the bank,
and it is not expected that the whole of thu romainder
will be sent abroad.
Tho Persia, from New York, has brought 114,0002,
aud the Magdalena, from the West Indies, 239,0002.
Ag the demaud for the Continent has for tho present
nearly subsided, most of these supplies hav3 been re
tained in this country.
The Board of Trade Returns for the month of June
were issned on the 25 th of July. They indicate a
rather decided revival of activity in tho export trade.
It will be remembered that in May, 1858, the total
exports were v per cent. Ies3 than m May,
1857. In June, 1858, tho decrease, compared
with June, 1857, was only 3} per cent. The
decrease on the six months of 1858, as compared
with tho six months of 1857, is, however, still 12 per
cent. The aggregate in 1858 is almost tho same as
in the corresponding period of 1856. The capacity of
absorption of the Indian markets centinues unusuilly
large, and that of the American markets exhibits
symptoms of revival.
The accounts of the progress of the harvest through
out the country are satisfactory, particularly with re
spect to wheat, nearly the whelo of which has been
secured. The crop of barley appears to be considered
indifferent, but that of oats is, on tho average, estim
ated as good. The fine weather continues to erer
cisc a beneficial influence, and has gieatly asslated in
harvest operations.

The Atlantic Telegraph shares of £1000 each, which
V ere recently offered at £340, immediately advanced
the morning of tho receipt of the telegram of success to
a nominal quotation of £600 to £800. Liter in the
day it waB found that holders were exceedingly Arm, and
the final price was £880 to £920. Tho first through
message from New York is now awaited with the ut
most iuterest, and most persons connected with the
American trade are sanguine of the permanent impulse
it will (jive to the commercial intercourse of the two
countries, and tho economy it will also effect by fre
quently preventing the profitless shipments backward
ond forward of goods or specie.
The directors of tho Scottish Australian Investment
Company have issued the usual accounts and report.
Of the 8000 shares held in the Bon Accord Copper
Mining Company, 3480 have been sold, and the pre
mium thereon, amounting to £1535, has been carried
to the credit of the profit and loss account. The gress
profit of tho half-year is thus raised to £9961. A divi
dend at the rate of 10 per cent, per annum is recom
mended, which will absorb £10,000 and leave
at the credit of the reserved fund, £6825. The
directors arc endeavoring to sell five other properties for
from £12,000 to £15,000 to » new company, which it is
proposed to form in London.
With reference to the suggestion that the postal ser
vice to Australia may be performed fortnightly, via
Suez and Panama alternately, a correspondent expresses
himself as follows : —
' It is a matter cf necessity that before her Majesty's
Government subsidise the western route, some security
for the transit across from Aspinwall to Panama should
be mutually guaranteed between England and other
nations interested. At present the Royal Hail Steam
Packet Company has arranged to convey the mails
monthly between Southampton and Sydney by way of
Suez for six months, until other contracts are made —
all penalties for unavoidable delays being abolished,
and the company properly remunerated for its services.
It is to bo hoped that in any final contract a proper
liberality will be displayed on the part of the Govern
ment, and as it has been proved that the highest rato
of speed cannot be maintained on long voyages without
enormous expeaso, it will be sufficient to secure regu
larity, and a moderate degree of expedition. En
gineers and theorists may speculate on ever-increasing
rates of speed, but capitalists will not come forward
unless they are properly remunerated aa shareholders
in steam-packet companies.'
In roferonco to the Royal Bank of Australia, for
which a winding-up order was obtained some time
hack, tho Master in Chaucery has directed a return of
23/ per Bhare to thoso contributories who have paid the
Master's call in full, and who would have been liable to
futuro calls ; and tho amount is now in course of
payment at the office of Mr W. C. Wryghto, the
official manager. This unexpected result is attri
buted, in Mr Wryghto's published report, to two causes
— first, a benelioial compromise with tho creditors
(whose claims approached half-a-million) ; and, secondly,
the advantageous realisation of the cattle stations in
Australia ; so that the whole of the claims have been
discharged, the expenses of winding-up provided for,
and a surplus fund realised for distribution.
A special meeting of tho English and Australian
Copper Company was held last week, Mr Schneider.
M.P., in the chair. It was stated that there were
assets in hand and about to be realised to allow of a
dividend to be paid, which tho directors proposed should
be 23 Gd per Bhare. Tho chairman, Sir W. Foster,
Bart., said that instructions had been sent to their com
missioner to make out tho list of assets and liabilities,
which would be laid before tho shareholders in February
next. After somo remarks, tho dividend of 2s 61 per
Bhare was agreed to unanimously.
Tho report of the English, Scottish, and Australian
Chartered Bank, preparatory to the meeting on tha
18th, states the availablo amount at credit of profit
nnd loss to be £14,150. A dividend is recommended
at the rate of 4 per cent, per annum, which will absorb
£10,000. £1500 is to be written off preliminary ex
penses, &c. , leaving a balance of £2656. Losses, how
ever, to the amount of £6076 are anticipated from bad
debts, so that not only will Ibis balanco bo absorbed,
but £3420 will have to be taken from the reserved
'fund, which will consequently be reduced to £6391.
There are certain other assets likewise on which a loss
seems to ba considered possible, although not pro
bable.
It has been stated that the negotiations for tho
transfer of tho Geelong and Melbourne Railway to the
colonial Government havo been in somo measure de
layed by tho absenco of authority from the English
shareholders, many of whom considered it desirable
that the managing agent, Mr Cooke, who has been
identified with the undertaking in its relations
both with tho Government and tho public, should
be solicited to undertako a mission to tho colony
with a view of closing tho pending negotiations with
the Government.
At a meetiug of the Australian Mining Company,
Mr R. F. Davis in the chair, it was resolved, after con
siderable discussion, to discontinue all mining opera
tions for the present.
The St. Katherine Docks havo declared a dividend
lor the past half-year of 2} per cent., free of income
tax. During that period there has been .» decrease in
tho roceipts for goods landed of £17,000, arising
mainly fro in a falling off in tho moro costly articles
upon which corresponding high rates are charged. As,
however, a saving of £6200 has been effected in the
expenses, and an increase of £7500 has taken place in
the rents, the actual diminution is £3300 only. The
result of the operations was considered satisfactory,
duo regard being paid to th* serious crisis through
which tho country has latoly passed.
A meeting of the shareholders of the Eastern Steam
Navigation Company took placo on the 10th of August,
Mr Hope in the chair. The committee of coopera
tion having discussed with the directors various pro
positions l#r extricating the undertaking from its diffi
culties, have come to the unanimous resolution that
power should be given to the board to Bell the Great
Eastern either by auction or by private contract. This
result of the. labors of ths committee appeared to take
tho meeting by surprise, and led to considerable dis
cussion. It was urged against the proposal that a
' great sacrifice will inevitably take place in the disposal
of tho ship in this manner, and that it is even doubt
ful whother any bid will bo made abovo £40,000. It
was also suggested that a more desirable coarse than a

public sale would bo to part with her to a new com
pany, to bo formed by the present shareholders or
others, or to raise a sufficient sum by preference shares
to clear off tho liabilities, and fib her for sea.
Ono proprietor also intimated his determination, if
necessary, to protect his interosts by an appeal to tho
Oourt of Chancery. On the other hand, it was
stated that many of tho debts consist of bills running
and open accounts, the settlement of which cannot long
bo delayed. Hence, a sale by auotion may bo com
pulsory, and it is evident that it will be better for tho
shareholders that the sale should ba conducted by tho
directors. Final steps need not absolutely bo taken
before October. Time will thus be afforded for the
consideration of, any better offer. It was ultimately
rejolved that the roport embodying the recommenda
tions of tho committer be adopted, and that the board
be authorised to raiso tho required funds in Buch
maimer as they may see fit, and to treat for the lease
or private sale of tho Great Eastern, with the proviso
that in the latter case tho approval of a meeting of tho
shareholders is to be obtained.
A prospectus has been iBsued of the Malta and
Alexandria^ Telegraph Company, with a capital of
£300,000, in £5 sharea, to complete the Mediterranean
portion of the lino to India. A cablo is proposed from
Malta to Caudia, whenco lines will diverge respectively
to Constantinople aud Alexandria.
Letters from Paris assert there is some expectation
of the Credit Mobilier winding up, or that a fusion
will be oontrived with the Discount Bank of M. de St
Paul.
Messrs Arthur and Co., merchants, of Glasgow, who
lately suspended, with accounts showing a largo sur
plus, have issued a circular to their creditors, inti
mating their readiness, on tha 4th of August, to dis
count the extended notes given by them after thoir
Btoppage, falling duo on the 4th of November.
The suspension has taken placo of Messrs Seaman
? and Keen, a small house iu the silk trade.
The case of Messrs Fox and Henderson and the
Napoleon Docks Company, who sought t® claim upon
their estate for £169,000, has been brought before the
v Lord Justices. It was announced that an arrangement
has beon made which is satisfactory to all parties —
namely, that tho amount to ba proved against tho
estate shall be fixed at £41,445. At the same time,
the first-class certificate granted by the Birmingham
Bankruptcy Court to Jlessrs Fox and Hendorsoix was
confirmed.
Mr F. \V. Stevens, of the Royal Exchange, share
dealer, has been committed for trial on the charge of
irregularly dealing with money intrusted to his care
for investment, but bail has been taken for his appear
aucc. This case furnishes another illustration of tho
v infatuation of tha publio in neglecting all warnings for
their protectiop against Buch incidents. Not only was
this j erson not a member of the Stock Exchange, but
the committee of that establishment had publicly noti
fied the fact, owing' to his having been previously
implicated in questionable transactions. More than
this, it was not in their power to do without subjecting
themselves to the chance of having a criminal informs
tion for libel moved against them, and nothing further
Bbould have been necessary to excite caution. Yet ho
appears to havo found a largo number of clients willing
to truBt him unreservedly, until an alleged misappro

priation of £4799 has at length interfered with his
career.
Much regret has been expressed at the stoppage
of Messrs Hyde, Hodge and Co., a highly respectable
firm, chiefly in the trade with Honduras. The lia
bilities aro estimated at something below £100,000.
LONDON HAKKBT3.
Spirit8,—-Rum, duty B. P. 8a 2d per gal, foreign,
15s ; Jamaica, 15 to 25 O.P., per gallon, bond, 3s 7d
to 3s 9d ; do, 30 to 35 do, 3s lOd to 4s ; fine marks,
4s 6d to 5s 6d; Demerara, 10 to 200.P., Is lOd to 2s;
do, 30 to 40 do, 2s Id to 2s 6d ; Leeward I., P. to 5
O.P., la 7tl to la 8d ; East India, proof, Is 8d.
Brandy, duty 15s per gallon, vintage of first brands ;
1857, 83 4d ; 1850, 14s to 14s 8d ; 1851, 13s 2d to
13s 4d ; 1855, 12s to 12s 4d ; 1856, 9s lOd to 10s 2d ;
genova, common, 2s 2d to 2s 3d ; do, fine, 3» to 3s 3d ;
corn spirits, duty paid, 9s lOd.
Tallow. — The market has been very quiot throughout
tho month, as i3 usual at this period of the year, and
prices now show a dccline of 3d to 6d per cwt,
the market closing more steady than other
wise. ^ Tho deliveries aro good, and our
itock ia now about 3000 casks more than
last year. P.Y.C. ou tho spot was last quoted
at 48s 9d to 49a ; all the year, 49s 3d, and first three
months of 1859, 49a 6d to 49s 9d per cwt. The fol
lowing parcels of Australian havo been offered this
month, viz., 7 casks ex British Merchant, mark M. N.
and Co., and sold at 45s 6d ; 120 ox Duncan Dunbar,
mark C in diamond B, 47s 6d ; inferior, 45s 6d ; DD,
45s to 45?. 3d ; 37 casks ex Lloyd, 0 in diamond B,
47s ; 31 caBks ex Norfolk, R aud S, 47s Od ; HOB,
49s ; inferior, 45s ; and 211 casks Muidstone, H in
diamond, 47s to 48s 9d ; low, 45s 9d ; R. and Son,
45s 9d to 47s Cd ; A in diamond, 48s ; E W — B,
45s 9d to 46s 6d ; Jackson, 46s 3d to 48s 9d ; P O
— B, 40s to 48s ; low, 40s and. 37s 6d to 39s ; and
KC, 35s 3d to 35s 6d per cwt.
Oils. — Linseed has become .quiet, and the price has
fallen to 34s. Rape is also rather easier ; brown, 45s
to 45s Od ; and pale, 48s 6d to 49s ; palm steady,
from 37s 6d to 38s. Cocoa-nut in fair demand at pre
vious rates ; 91 casks Sydney, ex California, sold at
30s to 36s per cwt. Sperm is much dearer and in
good demand ; 16 casks ex Wellington sold, mark S.
AI. and Co., £86 Ba to £86 15s ; inferior, £84 15s; 6
cask* ex Viineira, M, £84 10s to £86 ; and head
matter, jC90 10s ; 0 casks Antipodes, W C — H, £85 to
£80 10s ; dark, £80 ]0s ; 10 casks ex Maidstone, D
O in diamond, £82 to £84 10s ; 76 tniis ex Heather
Bell, Bold M— S O, £88 to £88 10s; M, £88 ;
B in diamond S O, £87 to £88 10s ; S. M. and
Ct., £84 to £84 15s ; inferior, £83 ; M G
£74 10s ; G- in diamond S 0, £86 10s to £88 5s ; and
A in diamond — S O, £88 to £89 5s ; 30 tuns via New
York, were taken in at £85 10s ; Southern is steady.
100 tuns ex Heather Bell, partly sold, double compass,
£36 15s to £37 ; single, £35 15s to £36 ; and inferior,
£34 10s to £35 per tun
Whalebone.— Prices continue very high, but thoro is
little busines doing. 3 tons Polar fram New York
wero sold at £558 to £580. 24 tons ditto ex Heather
Bell taken in at £5i(. 2 tons Southjrj ex Oriental,
sold at £422, and tinners £416.
Hides. — There has been a better demand and all
good qualities have commanded au advance of Jd ti id
per lb., and tho bulk offered met with buyers. 1369
ex Medway sold, 3Jd to 4d ; kips and skins,
2Jd ; damaged, 2Jd to 2ifd; 353 ex Lloyds, 3Jd to 4 J-l ;
damaged and pieces, 2Jdto 3d. 5403 ex Northumber
land Bold, good heavy, average 56J lb, 3Jd ; seconds,
52J lb. 3JJ ; first light, 42} lb , 3Jd; second«, 40
lb., 3jjd to 3Jd ; kips, 3d, and damaged and piece?, 2J.
264 ex City of Benares, 3d to 3JJ ; kips, 3d. 110 ex
Gazehound, 3d. 329 ex IudemnUy, 3i|d ; damaged,
2Jd. 357 ox Coleroon, 2d ; kips, 3d. 146 ex Orient,
3 id to 3£d ; and 20 tons glue licces at lid lb.
Leather. —Australian has met with au improved de
mand, and pr;ce3 havo advanced Id to ljd
for crop hides ; also curried calf -skins for
export to the Continent havo improved Id to 2d
per lb. ; 43 bales, ex Antipodes, sold, crops,
SJ'J, inferior, 7Jd, and sides 8 jd ; 10 bales, ex Kcd
Jacket, sides, 9d ; 249 crops, ex Heather Bell, 8Jd ;
6 bales, ex Thomas, sides 9id to lOd, crops 8£d, and
pieces ofd ; 8 bales, cx Centurion, marked K in dia
mond, siies lOd ; and 4 bales, ex Phoenician, marked
K, aides at lOd per lb.
Bark — Mimosa is 5s to 103 dearer, and ths sales are
130 tons. Chopped, £9 10a to £9 15s ; long, £7 53
to £8 ; ground, £11 2s 6d to £11 53 ; loose, £8 10s ;
and damaged and loose, £4 17s 6d to £6 5s per ton.
LONDON WOOL REPORT — AUGOST, 1S58.
The largest sales of tho year commenced on the 15th
of J uly, and will close it is generally expected on tho
24th of August. Tho quantity already passed tho
hammer exceeds 60,000 bales, aud judging from the
number still remaining, full 75,000 bales will be cata
logued.
The intimation given in our last report that tho at
tendance of buyers, (joth homo and foreign, would be
large, and that prices would open at an advance of Id
per lb on the opening sales, has beon fully maintained ;
indeed prices stiffened gradually for the last 10 days,
uutil immediata requirements ware satisfied. This
tendency to higher prices caused Beveral ma
nufacturers and dealers to go home ; ad van
tage of this was taken to produce lower prices —
a result which was obtained to tho extent of about Id
with a declining tendency ; but the presenco of one
buyer with free orders for speculation soon told on tho
market; this, coupled with tho leporta that had
reached the north of lower prices^ brought a good
sprinkle of fresh faces, and prices uuiy bo Baid to havo
gradually hardened until the opening advance haa been
more than maintained. Really good combing clothing
flocks have been in great demand for export, and to
the competition for foreign account v/o are entirely in
debted for so satisfactory a result, as it must be matter
of gratulation to importers and the trado generally
that so largo a sale should up to data havo bosn quitted
at such even prices.
LATEST our IHTBLLICEENOB.
The preliminary meeting of the creditors of Messrs
Hyde, Hodge and Co., ha3 been held, and from tho
statement presented it appears that the assets imme
diately available in this country are ouly £13,441, in
addition to which there are about 2, 800,000 feet of
mahogany coming forward, and a quantity of logwood,
estimated to produce £51,290. Furth er shipments may
also bo expected to the amount of £95 70. In the bills

receivable the aggregate sum that can be proved upon
the estate is £86,280, which would :mako tho total
liabilities about £245,000. In tho event, however, of
other heusas continuing in safety not m ore than £26,000
will come against the firm, reducing the liabilities to
£185,000. It was resolved to wind up under inspec
tion.
At a meeting of the Geelong and Melbourne 'Rail
way Company resolutions wero passed. Jproteating against
the conduct of tho Colonial Government, and forming
a committee to endeavor to cbtain a sufficient advance
to pay tbe interest on the boad».
During th# past week the moveme at a of tho precious
metals have not been very extensive*. The imports
have been about £125,711, includi tig; £72,128 from
Australia, via Suez, by the Cambria ; £7500 from tho
west coast of Africa, by the Armenian; ; £40,000 from
the United States, by the North Star ; and £250 by
the Canada ; £1173. from Alexandria,, by the Sultan ;
aud £4660 from the Peninsula, by 'the Tagus. Tha
exports have been £200 in silver to .Bombay, by the
Ripou, and shipments to the Cot it'inent through tho
London Custom House, estimatndl at £24,666 —
making the total £24,866.
The amount of Australian gold 'known to be Btill
actually at sea is about £921,800. ' t'lio Eagle has now
been out 90 days, with £103,800 ; i (he Hougoumont,
88 days, with £134,000 ; the Esse t, 86 days, with
£256,000 ; and tho Avon, 67 days, with £428,000.
B*nk shares are rather better aipiin. Union Bauk
of Australia further advanced on August 14th, £1.
South Australian Land improved ah O'at 10s.

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