The Courier and Argus from Dundee, Tayside, Scotland • 4

THE DUNDEE COURIER AND ARGUS, Tuesday, February 2, 1864. COMMERCIAL NEWS. THE MONEY MARKET. London, Monday. Consols opened flat, at a decline of and further declined but closed at a slight recovery.

Railway Stocks have been flat all day, and exhibit a decline of from i to Metropolitan particularly heavy, at li reduction. Foreign Stocks were very heavy, and all descriptions show a considerable fall since Saturday. CLOSING PRICES. BIRTH. At London, on the 20th nltimo, Lady Elcho, of a yn MARRIAGES.

At 57 George Squire, Edinburgh, on the 23th the Rev Wru. Peddle, D.J., Mr Keid. Kil quhar Mills, Fife, to Maria Robtrts, daughter of ih late Captain Francis Roberts, --tepney, London. At Gleacarse, Perthshire, on the X9th ultimo, by th ttei Benjamin F. Greig.

Mr David C. Proadfoot, surveyor Leith, to Euphemia Rodgie, youngest daughter of Mr Joan Stewart, Glencarse. DEATHS. At 17 Vault, Dundee, on the 1st instant, Isabella Burton, wife of James Galloway, cooper. Friends will pleis-j accept of this intimation.

At Taylor's ine. Perth Road. Dundee, on the JOth ult. pended entirely on the public, and he thought it would be a pity to be afraid of the public. It appeared to him that in forming the constitution of this school there had been a fear of getting too mauy people interested in it.

(A laugh.) He had frequently stated his views on this matter outside, and he thought it proper now to state his views here. He did not intend to make any motion on the subject but he thought what he had stated was worthy of coosideration. The motion was agreed to. ELECTION OF CHAIRMAN AND SECRETARY. Provost Craik moved the re-election of Mr G.

H. Dempster as chairman, and of Mr Lyon as secretary, and that a vote of thanks should be given to the chairman for the interest he had taken in the Institution, and for his services during the past year. The motion was agreed to. The Chairman returned thanks in a neat speech. On the motion of ex-Provost Lowson, a vote of thanks was passed to the Secretary.

RE-APPOINTMENT OF THE LADIES' COMMITTEE. Rev. Mr Mitchell moved the re-appointment of the Ladies' Committee, and that a vote of thanks be awarded them for their services. He proposed his motion with the utmost heartiness, because he kuew what the ladies' work had been during the past year. He would take the liberty of stating, however, that the institution would never succeed unless the ladies undertook the raising of the money.

In Perth the ladies did so, and the same was done in Glasgow and why they should differ from the plan adopted in other places he did not know. He was certain that if a lady came to him askiug aid for the institution he could hardly refuse giving her a 10 note, and perhaps if another called on the Chairman he would give a 50 note. (Applause.) Rev. Mr Shaw seconded the motion which was unanimously agreed to. After some conversation it was agreed to remit the consideration of Mr Myles' suggestion to the Committee, and to report to another meeting.

After a vote of thanks to the Chairman, the meeting separated. FORFAR BANKRUPTCY COURT. ber of Directors very materially. Such a large committee, he feared, would never work satisfactorily. He for one was quite ready to retire.

Mr Gloag, the Secretary, said the only difficulty was that no one would undertake the task of selection. They could do better -xt year. Mr Stmers said they might appoint a sub-committee. Mr Gloag said that was perfectly competent. The motion was then agreed to.

THE TIME ALLOWED TO FINISH THE INSTITUTE. Mr H. B. Fergusson -Would you allow me to ask one question? I think I saw in a newspaper report of the proceedings of the Couucil that it was recommended by a committee of the Council, which had the matter under consideration, that one of the conditions should be that the building, whatever it was to be, should be finally completed within ten years. Does that coudition till stand The Provost It still remains on the Council minutes at least on the minutes of the committee.

Mr Fergusson Then I would take the liberty of suggesting that if this building go on, and if we are tied down to finally complete it within 10 years, if no power is left to re open the question whether it may be added to or changed, it may be found not so useful hereafter as if that contingency had been anticipated. Mr Gloag I suppose it means that you are taken bound to build all the proposed building within ten years. Mr Fbrgusson said the minute was as follows And that the said building shall be completed withiu 10 years from the term of Whitsunday next." The Provost said the minute does not mean that there shall be no building after that. Sou contemplate building a certain portion in the meautime a free library and some other rooms. That is what you intend at present, but there can be no objections to extend the building so far as the 80 poles are concerned.

It may he well, however, that that should be set forth iu the minute of the Council, and I will see to that. ELECTION OF AUDITORS AND SECRETARY. Mr Symers moved that Mr Robert Murray be elected auditor of the accounts. Mr John Sharp seconded the motion, which was unanimously agreed to. The Provost moved that Mr John Sharp be reelected secretary, which was also unanimously agreed to.

Mr Symers moved a vote of thanks to the Chairman, and the meeting adjourned. COURT OF SESSION Saturday, Jan. 30. SECOND DIVISION. PETITION.

GEORGE KING AND OTHERS (TRUSTEES Or GEORGE STREET CHAPEL, ABERDEEN.) This was an application by the trustees of a dissenting chapel in Aberdeen, for authority to sell the chapel, in respect that it has become quite unsuitable as a place of worship, and that a site has been purchased aud funds have been subscribed for the erection of a new church. The petition is presented in accordance with a resolution of a meeting of the members of the church, who are the beneficiaries of the tiust, passed by a majority of 55 to 6. It was explained that the groun 1 for presenting the petition is that the petitioners do not maintain that they have either an express or implied power of sale, but ask the Court to authorise the sale in respect ef the extreme expediency and justice of the proceeding in the circumstances. These circumstances are thus detailed in the petition From tha changes that have taken place iu the neighbourhood since the chapel was erected, it is now altogether unsuitable as a place of worship, and, in consequence, the congre gation have resolved no longer to use it as such. Not only is it now situated in a back court, surrounded on all sides by buildings, and having its only entrance through a covered way under one of the buildings in front, but on one side and within six feet of it, there is an extensive range of stabling, the smell from which, especially in hot weather, is especially offensive.

There are also situated right in front of the chapel-door and of some of its windows, the domestic conveniences of one of the dwelling-houses in front, whde just at the entry from Crooked Lane to the schoolhouse, at the back part of the premises, is a dung-pit, formed by a neighbouring proprietor since the schoolhouse was erected. Besides these highly objectionable adjuncts, the buildings on the opposite side of the chapel from that which adjoins the stabling already referred to, are so close upon the chapel as to interrupt, and, to a considerable extent, prevent both light, and ventilation. The chapel is low and damp, and very trying for the minister to speak in, and is greatly in want of repair, the woodwork especially being in a very bad condition. Owing, however, to the inconveniences and objectionable neighbourhood described, the congregation are un-wdling to provide funds for the purpose of repairing it, though they have readily subscribed to the erection of a new Church in a more suitable locality." The Lord Ordinary (Barcaple) reported the petition to the Second Division, with a note expressing views adverse to its competency. After hearing Mr Clark to-day in support of the petition, the Court remitted to the Lord Ordinary to dismiss it as incompetent.

The Lord Justice-Clerk said The foundation of the petition was that the trustees have power of sale from the necessity of the the subjects having become quite unsuitable for the purposes of the trust. A right to sell in such circumstances was implied in this and every such trust. But in order to give effect to it, the first thing the Court must do was to find that such a power has arisen from the circumstauces. Such a finding would be quite inappropriate in the present summary petition, and can ouly be obtained in an appropriate action of declarator. Lords Cowan, Beuholme, ami Neaves concurred.

Counsel for the Petitioner Mr A. R. Clark. Agents Cheyne and Stuart, W.S. much in request at present was that they stood idle in summer for several months, repairs being delayed till the vessels were laid up in winter.

Mr Greig said it was evident that something must be soon done or vessels would leave and go to Tayport or Perth. Mr Stephen had no fear of the Patent Slip at Perth. They had no water there and at Tayport they could not get ground. He knew something about that as he had been asked about it. He thought, in the meantime, this was of little consequence in comparison with getting forward the dock.

THE PURCHASE OF LIGHTERS. Mr Norrie said he had been making some inquiries with reference to obtaining lighters for the use of the harbour. He wrote to a gentleman in Hull to make enquiries for him, and he found that one of these vessels, which would carry eighty or eighty -five tons, could be 0rt for 100. He had been making enquiries with regard to a steam-tug and he found that these vessels had a small engine on board for loading and discharging, and that they propelled themselves. They could load or discharge a vessel in a very short time.

Mr StephlN said that at Glasgow the Clyde Commissioners had got ballast barges with a small steam engine on board, and what formerly cost 13 could now be done for 6 by means of these. The Clerk then read the letter received by Mr Norrie from Messrs Harker Brothers, Hull, as follows Hull, January 7, 18G4. "Sir, Our friend Mr Jack has handed iu your letter of 5th and requests us to reply to your enquiries about sloops and lighters. There will be no difficulty in buying here vessels suitable for the purpose you name, as there are generally river sloops or keels offering, which, when dismantled of their mast and sail, make good lighters. They vary in size, carrying 80 to 90 tons dead weight, and may be got at from 80 to 150, according to size, age, and condition.

We have heard of one offering, carrying 80 to 85 tons, and in fair working ordr, which might be bought for 100, and others might be found on enquiry. We shall be glad to give you any further information. Mr Stkphen said he knew the craft from that quarter well and did not think much of them, they were just built like an ordinary boat. Mr Gueig asked if the Harbour Trustees were to pay the expenses of these vessels The Chairman said it had not yet been considered, and should be remitted to the Committee on Works. Mr Greig asked if he had a coal vessel lying out iu the river which could not get in for want of water, would the Trustees discharge her to him Mr Stephen For a small trifle they would.

If the Jessie Gieig was lying out, they would soon discharge her. (Laughter.) I. The Dean of Guild said the object was to get these large vessels which were coming to the port discharged as quickly as possible, until the new Docks were opened. Mr Greig I will protest against the Trustees paying for any such vessel. Mr Duncan, while anxious to give every facility to the trade, thought the Harbour Trustees were stepping out of the way if they provided lighters for this traffic.

Any large vessel that might come in would get ten lighters for one she required in the small coasters that frequented the port. These vessels required no steam. They went out alongside the vessel with their own sails, and when they were loaded they set sail and came off again. He did not see the necessity for the Trustees purchasing lighters whan they could get those vessels. It was agreed to remit the letter to Mr Gilroy's committee, it having been stated by the Clerk that this was one of the subjects to which they were to direct their attention.

The meeting then adjourned. DUNDEE HARBOUR TRUSTEES. A meeting of the Dundee Harbour Trustees was held y. There were present Ba.lies Ower and Scott Dtaa of Guild Kennedy Messrs Thorns, Gilroy, Greig, Duncan, Petrie, Nonie, P. M.

Cochrane, and W. Hean Bailie wer took the chair. THE TIME GUN. A the meeting of the Committee on "Works, the letter firOin Mr Holmes, engineer to the Universal Private Telegraph Company, asking the Trustees for their support and influence in establishing the time gun, was read. The Clerk was instructed to intimate to the different bodies, ihe Magistral, i and Council, the Guildry Incor-jKjration, the Nine Trades, the Three Trades, the Corporation of Masters and Seamen, and the Chamber of Commerce, that the sub-committee would be ready to meet with the representatives of these bodies for the consideration of the matter.

Approved. THE LIGHTING AND BUOYING OF THE RIVER. A letter was read from Mr David Hunter, stating that in consequence of being ill with sore throat he would be unable to be present at the meeting of the Harbour Trustees, and requesting that the consideration of the report on the lighting and buoying of the river should be deferred. Agreed. THE HARBOUR POLICE CLERK.

A letter was read from Mr David Mitchell, Btating that for some time past he had been conducting the business counected with the harbour in the Dundee Police Court without any remuneration. Before the adoption of the Police Act he had received a salary of a year for couducting the same busiuess in the Harbour Police Court. The letter was remitted to the Finance Committee for their consideration. KCBCTION OF A STALK BY THE MESSRS STEPHHN. Two letters were read from the Engiueer relative to the erection of a furnace stalk by the Messrs Stephen in the yard recently occupied by Messrs HalL The first was to the effect that he had received no information as to whether the stalk was to be carried to a sufficient height to prevent danger to the shipping.

The second was to the effect that the stalk was to be forty -five feet in height, and that there were to be flues thirty-six feet in length, with which Mr Ower was perfectly satisfied. THE ERECTIONS BY MESSES GOl'RLAY. A letter was read from Mr J. Z. Kay, manager of the Gas Company, to the effect that the Messrs Gourlay, in the erections recently put up by them to the north of their works, had en the main gas pipe and covered it up, so that it could not he got at, to be pumped clear of water lodged iu it.

The letter was remitted to the Works' Committee, with powers. THE LIGHTS AT THE HARBOUR. A roport from the Engineer on the remit made to him with regard to the report of Mr Stevenson to the Northern Lights' Commissioners on the Harbour Lights, was ueit read. The report stated that the Engineer had made enquiries with regard to the sufficiency of the lights at the Harhour, and he found that parties using these lights considered them all that could be wished. With regard to the suggestion by Mr Stevenson as to the removal of the tower light to a spot 25 feet east of the east quay-head, he said that geutleman seemed to have forgot thai these lights were used to clear the Beacon Rock, although in his own report to the North-en, Lights' Commissioners in 1858 he had this entry "The lights in one clear the Beacon Bock." Mr Ower was of opinion that no change was necessary in the Lights at the Harbour.

The report was approved of, and ordered to be sent to Mr Stevenson. MR ABERNETHY'S REPORT. The Clerk said he had received a letter from Mr Abernethy, dute 30th Jauuarv, to the effect that the plans and the rep 'rt on the new works would be forwarded next we k. Mr GiLRor he would suggost that when it was received there should be a meeting called at once to see what it was. It would probably arrive about Friday, they could have a meeting on Saturday, and a general meeting on Monday.

The Chairman Would you call a general meeting of the Board at once? Mr Thoms thought they should meet in committee iu the first instance. This was agi e. to, and the Clerk was instructed to call a meeting accordingly. THE EXPuRT OF COALS FROM DUNDEE. The following letter was next read Dundee, 1st February, 18G4.

To Provost Paiker, Chairman of the Dundee Harbour Board. Sir, As a coal exporter, I may be permitted to trouble your honourable Board with a few observations which may tend to the development of that increasing branch of traffic, and to the advantage of the trade i'self, as well as to the interests of the Dundee Harbour. Before the Edinburgh and Northern Railway was opened to Tayport, vessels coming into Dundee with cargoes had to go to the Tyne, Wear, or the Frith ef Forth lor return cargoes of coal, and only of late years have cotls been exported from the Tay, and this to a iimited c-xtent, for want of facilities for loading here. The coal fields in the neighbouring county of Fife are in a measure inexhaustible. New pits are being opened from time to time, and the quality of the coal is now pretty well known and approved of all over the world.

The only existing drawbacks to an extensive export coal trade are the absence of accommodation for loading large ships and the comparative high free-onboard price of the coaL These drawbacks might he removed -the first by the Harbour Trustees themselves, and the second ly the North British Railway Company, but neither effectually without the co-operation of both these bodies. Without attempting to anticipate what your determination may be as to to the new dock, I would suggest for your consideration, haviug in view the increa iug trade of the port and the large class of vessels now tradiug to it, that one side of tl dock be devoted te the discharging and loading of these vessels by hydraulic oi steam cranes, such as are now in use at London, Liverpool, Glasgow, and Leith, some for discharging cargoes and others for loading coals by lifting the waggons to the ships' hatchways and there tilting the coals into the hold. By these means a thousnnd-ton vessel could be discharged in a couple of days, and loaded at the same rate. A moderate charge for the use of cranes would cover the interest of the outlay, and he cheerfully paid by those who use them. I am not aware of any place where hydraulic power ran be hfi 1 the same extent, and so conveniently as at Duodee, A line of rails could be laid along the quay, at.

1 the same power applied for the haulage of the waggous and for the opening and shutting of the dock gate. The present cost of bringing coals from the pits and putting them on board ship here is 4. CI per ton. Were an arrangement made with the North British Railway Co. to bring their goods boat up to the Harbour of Dundee direct, a saving of Is CI per ton might be effected, which would thus make the free-on-board price in Dundee dock as low as at Newcastle.

The result is obvious that all vessels requiring cargoes of coal would load here unless in exceptional cases, where social cargoes had to be shipped elsewhere. And I do not see any reason why all the goods' traffic between Dundee and Fife and through Fife to the southward should not be couveyed direct between Dundee and Tayport. The route would be shorter, the delay less, and the shore dues miyht in a new Harbour Act, if impossible under the present, be so modified that they would bear a small proportion to what is now charged by the Railway from Broughty for carrying the goods over their line. 'Carrying out these suggestions still further, I should like to see the passenger traffic conveyed direct between Duudee and Tayport, which could be performed at less than half the present ntes, and in much less time a change which ali who have travelled by the existing mode would appreciate. Apologising for troubliug you with these remarks, I have the honour to remain, sir, your most obedient servant, R.

D. Pryde." Mi Thoms said these suggestions were well worthy of coosideration. He supposed a steam crane must form part of the new plan. The Clkrk said he believed Mr Abernethy was pre-Iatc4 with something of that kind. Mi Thoms said the letter should be sent to the Works Committee for consideration, and they might also send a copy to the Engineer.

THF. ACCOMMODATION AT THE PATENT SLIP AND GRAVING DOCK. Mr Greig said, since he had had a seat at this Board, he had frequently called attention to the want of accommodation at the Patent Slip and at the Graving Dock There were about 250 vessels belonging to Dundee, and robably about as many that come from other ports, was an extraordinary thing in these circumstances that they had only one Graving Dock capable of holding two vessels and a Patent Slip that would hold three. At the present moment there were nine vessels entered for the Graving Dock and eight for the Patent Slip, and he believed they would not all get repaired till summer. At Perth they were having a Patent Slip erected, while another was being put up at Tayport, so that if the Trustees did not move they might depend upon it a great numbei of the ves-els would leave and go to other ports lot repairs.

He hoped Mr Gilroy would see what could he done in this matter. Mr Gilrot said he hoped Mr Greig would allow him to state in the meantime that they bad had a meeting of the subcommittee, but they could do nothing untilhey received Mr Abernethy's report. At that meet how ever, the Patent Slip and the Graviug back werethetwo subjects that occupied most of their time, considerinc how they could devise so i.e means to give iucieased facilities for the repair of vessels, either by a Graving Dock or Patent Slip. They had also under consideration the propriety of reducing rh- and had before them letter from Live uu the subject. The Engineer had written to i.ciih, Hull, and Sunderland, and, he believed, also to Mr Aberucthy as to the rates for graving docks ami patent slips, aud so soon as he got back answers they would have a meeting about this matter to consider whether it could not be put on an improved footing.

He also stated that they were considering the propriety of haviug the hydraulic lifts used iu London aud other places in Eugland for the repaii of vessels. The Dran OF Guild said these patent slips Mr Creig had referred to were being erected by private enterprise, and he believed the Trustees would have no objection to private parties erecting a slip here. The reaaou why the Graving Dock aud Patent Slip were so t'on-ols for Money, 90J l)o. Account, 90 i Exc. Bills 10 4 die Do.

Do. Bank Stock, 285 7 i per Cents, 90 1 dedonian, lj Ireat Eastern Kastern Counties. 494 East Indin. Kailwy. i03j East Indian Five London and South Western 102 Luxembourg 10 Lincolnshire 50 Mexican Scrip 34 Midland Stock 1'8J North British 521 North Eastern pref North Stafford 75 Russian Four-antl-a Half per South Eastern and Dover.

CM I psr Cents, Erie Grand Trunk of 63 4 Canada 19 'ireat Northern 127J Do. 134 Great Western, 64J 201 8 5 i i Spnsh. Certificates 1SJ Victoria Government Stock 109 York, Newcastle, and Berwick 102 York and North Midland 90 York ii. w. Canada Great Indian Pen insula 103 4J Illinois 2i 2 dis Indian Stock Do.

Loan 103 4S Lancashire Yorkshire 109 10 I.omb-Venetian 20J London and North Western 106J Greek 20j Spanish ai 2 Italian Loan 66 7 Venezuela new 54 5 Do. Old S3! Egyptian Metropolitan 99 100 Confed. Loan, 47 9 Turkish 1862 0J Consolides, 45J IntrnatnaLPassives, 20 7 Consols closed after official hours at 'ON CHANGE. -Tallow, 41s rid on spot 41s 3d to 41s 6d spring 41s 9d to2 4s spring 41s 9d to 42s March 44s to 44s 3d last three months. Dull market for linseed oil, at ios 3d to 35s 6d.

Petroleum, 3s. Hemp and jute nothiug done, and prices nominal. Scotch pig-iron, 63s uo change in other metals. Some small lots of sugar sold at prices not named. Saltpetre dull aud cheaper on the spot, but 50 tons sol I for ar-riva at 31.

10,000 in bar gold was sent into the Rank to-day. The warlike news from the Continent to-day has produced a sensation in monetary and commercial circles. A various fall has taken place in all kinds of securities. At one period funds were quoted at a decline of 5 per cent. railway stocks to aud speculative foreign bonds to 1 per cent.

The market closed weak all round, but after official hours the tone was rather firmer. The Times' City article says -The accounts from Manchester and other principal centres of trade are in harmony with the indications in the London market as to the extent to which the commercial and shippin" interests of Germany are likely forthwith to surfer from the unscrupulous and suicidal efforts of the democrats of that country to enter upon a new epoch of revolution and war. GLASGOW SHARE MARKET. Caledon an, 120 I Dundee di Arbro ith, 1061 tr. W.

Canada, South Eastern, 04J MANCHESTER SHARE MARKET. Great Eastern, 401 i Mexican. S5 14 xrunKS Great Western, 64if a Metropolitan. 10 Midland, I29t Thames and Mersey, 4 prem LIVERPOOL SHARE MARKET. Luxembourg.

10? nrm Spanish Passiv-s, 32 Mercantile Bank, 7J 6 Albion Marin )1 l.iiir,...,,, covers, Union Marine, 3 prem Mexican, 35J British ami Foreign Marine, 2 15-li; prem Thames 4 Mersev, i 13-16 London, 10i Leeds, 110 Mer antile Marine. prem e.n inma sc Pacific Steam. 1 9-16 1 7-1R Ptn British and American Bank prem National Rant new 7 Bm Sheffield, 51i i 50 YESTERDAY'S MARKETS. OR AIM MARKETS. LONDON, prices for English wheat fair business with moderate supply.

Foreign firm. Barley steady, at former prices. Oat3 a good demand, at previous quotations for better qualities. Beans and peas a slow s-de. British wheat, 5210 qrs.

barley, 6563 nrs. malt. 24.274 nr nh. anus a loads. Scotch burley, 183 qrs.

oats, 2124 qrs! "Irish -ll- ll13- roreisrn wiieat, barley 19,145 qrs. oat-, 22,867 qrs. fl mr, 1550 barrels, 2404 sacks. (Kiugsford and Liy's Report.) Tolerable attendance. Supply of wheat from Esex and Kent very moderate, and taken slowly at last Monday's rates.

Foreign continues neglected rates unaltered. Beans rather more eurjuired after. Oats steady, at last week's prices. The little business done iu flour was at late rates. (Usborne's Report.) Weather frosty.

Supplies fair. "Wheat steady, at last Monday's rates. Maize slow. Barley as on Monday last. Beans stiff peas firm.

Oats without change. CORK, Montdat. Red wheat, 8s 5d to 8s 9d barley, 6s 8d to 6s lOd white oats, 5s 6d to 6s 3d black oats 5s Id to 5s 3d. CATTLE MARKETS. LIVERPOOL, Mo.vday.

The supply of cattle was large, and of sheep about the same as last Monday. The demand was slow for cattle, at lower prices. Sheep in fair demand, at about last week's prices. Beef at 5id to 7d per lb mutton, 7d to 9d per lb. There were 2447 cattle, and 5192 sheep in the market.

LONDON, Monday. Beasts, 4460; sheep, calves, 41 pigs, 400. Beef, 3s 4d to 5s 2d mutton, 4s 4d to 6s 4d veal, 5s to 6s 6d pork, 3s 41 to 4s 8d. A good demand for best descriptions of beef and mutton at the quotations given. The supply of veal being so small, prices are merely nominal.

COTTON MARKETS. GLASGOW, Monday. We had a very dull market to-day, although there is no change in price. LIVERPOOL, Monday. Friday's rates not up to Saturday.

4000 bales sold, including 1500 on speculation and for export. 600 American, 26 to 28i 1000 Egyptian, 27 to 30 200 Maranham, 27 to 28i 140 Pernam, 27 to 28 2100 Sur.it, 14J to 23J. PRODUCE MARKETS. LONDON, Monday. -Sugar small transactions at previous rates refined dull.

Coffee fair business, at very full terms for Ceylon. Tea rates full up, and not many purchasers. Rice firm not much in demand. Saltpetre firm, few transactions Tallow not much passing. LIVERPOOL, Monday.

Sugar very flat, aud but little business pissing. Rice rather more enquiry 3500 bags Necransie, at 10s. Rum unchanged. Saltpetre firm. BUTTER MARKET.

CORK, Saturday. Firsts, 117s seconds, 112a thirds, 102s fourths, 83s fifths, 79s sixths, 62s. Mild cured -Firsts, 119s; seconds H7s thirds 107s. 140 firkins in the market. BOROUGH HOP MARKET.

LONDON, Monday. A good demand for consumption, for both Euglish and foreign, with a very bare supply fine descriptions rather dearer old continues in better demand, at 18s to 25s verv fine higher. COAL MARKET. LONDON, Mon-day. The weather still being cold, there was an active demand for house coals to-day at last prices.

Hartley's and manufacturers' a fair business at previous value. METAL MARKET. GLASGOW PIG-IRON, 1, 62s to to 62s 6d warrants, 62s to 62s 9d. No. 3, 61s to 61s 6d.

Market depressed. Second report. The market has been fiat. A large business has been done from 63 to 62s 3d cash, closing, sellers 62s 3d cash, buyers 62s No. 1 GMB, 61s 9d; No, 3 GMB, 60s 9d.

THE IRISH MARKETS. The Linen Trade. Compared with the great activity that prevailed in the market for finished goods in the last quarter of the past year, the present is a time of very moderate turnover in most lines. Demand for "creamed" linens has kept full pace with make aud finish of such fabrics, and if the factory owners of Lancashire throw more of their machinery out of work, the consumption of coarse bnens must be still further increased very fine goods are dull in demand. Brown Markets.

-The sale of webs in the brown state has not been so brisk for the last few days and although in some departments of the trade activity exists, it cannot be said that the general market is so stirring as it was at the same period of last year. In the sale of handkerchiefs lawn and linen there has been same decline, and prices are barely upheld, dear money aud the unsettled aspect of Continental politics acting very much against the free course of business. Markets are pretty firm, however, and it is only in cases where sales are pushed thst, lower rates are submitted to as a general rule sellers are not in possession of very extensive stocks. Yarns. Demand for the home trade has hardlv been so active as it was a fortnight ago, nor is the io- iiuiry i or export; equal to recent experience.

Prices are pretty firm iu those numbers which go most extensively into consumption fine yarns are not largely held, and 3team-loom qualities find a ready sale at full rates. Flax. The influences which affect the market for brownlinens have beeu acting ou the sale of raw material, aud prices of medium are decidedly lower thau they were at the beginning of the month. The average quotations for low hand-seutched in the markets of Derry during the present week would not exceed 50s a cwt. General rates at the different markets throughout tha province were 6s to gg for hand-scutched and 7s 6d to lis 3d for milled.

Flaxseed. More inquiry exists, a.id many intending growers have been making a tour of the trade in towi but the disposition to hold back from purchasing is still too powerful to give the seed market tha bustle which might be expected. Prices are advancing, and in all probability will run very far above present quotations. Banner of UUter. Mr Daviii Adam, aged 70 years.

At his house, No. 10 Scott's Close, Ne'hergate, Dundee, on he 29th ultimo, Mr Thomas Elder, shipwright, for upwards of 12 years ia the paddlesteam-ship London. Friends at a distance will please accept this intimation. At3Crescent Street, Dundee, on the 1st mitant, Robert, youngest son of Mr Wm. Hagart, feuar, Lochee.

Friends will please accept this intimation. At Edinburgh, on the 29th ultimo, Lydia Mackenzie, wife of Arthur Moolnya. Ceylon, and youngest daughter of the late Alex. Mackenzie, Allanfeara, near Inverness. Friends will please ac.ept this intim.ui AtKilbirnie Manse, on the mil ultimo, James Blackwood, infant son of the Rev.

John Orr. At Edinburgh, on the 31st ultimo, John Alexander More, son of the late Alexander More, ICsq. Friends wiil please accept this in' imation. At slate ford, on the 30th ultimo, Catherine Chishohn, relict of the late Angus Hood, wine and spirit mt, Edinburgh. At Dirleton Manse, on the 30th ultimo, the Rev.

Jaraej Scott, aged 64 years. Pleasing Instajice of Commercial Hon ktt. It is a gratifying illustration of the success vt hied haa attended commercial enterprise during the last few years to record the following fact In the year 1855, Messrs Co wie, Roxburgh of Liverpool, yielding to the pressure of the time, were under the necessity of suspending payment, and they then effected a settlement with their creditors by compromise of six ahiUings and twopence per pound. Since then the house has become prosperous, and in course of the last day or two they issued circulars intimating that the balance of thirteen shillings and tenpence per pound, on the whole of the outstanding liabilities against them in 1855, will be at onou paid by the Royal Bank. PRICES OF SHAKES February Hi 4.

Paid i per Share. Description of Stock. Dividends. Last Sales. 3 25 0 100 0 100 0 I'M 0 100 0 100 0 100 0 10 0 10 0 100 0 100 0 5ffl I 25 0 RAILWAYS.

Pr.Cent 25 -tock Stock Stock Stock Stock Stock in 10 Stock Stock 50 10 10 2 1 vtock tock stock Stock Stock Stock Stock 10 Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock Stock, tock Stock' Stock Stock Stock Stock Stock 10 Stock 25 2.0 Arbroath and Forfar Caledonian -Do. Preference Do. Profetenci No. Do. do.

Do. No. 2 -Clydesdale Guaranteed -Criett' Junction Deexide -Dundee fc Arbroath Do. Preference -Dundee A Newtyle -Dundee Perth Do. First-glass Preferenci Do.

do. Quarters Do. Newtyle New Edinburgh and ithsrat -Edinburgh and Glasgow -Do. 5 per ct. Preferea -Do.

Stir. Si Mid. Purchad Do. Stir. Dunferiulia Prth, and Dund Do.

Preference Do. Guaranteed -Forth and Clyde Glasgow South Wesi Do. Guaranted Do. Preference -Greenock Guarantee Do. Preference Great North of Scotia ii Do.

Preference -f ireat Northern Do. Halves, A Do. Halves, i 33 123 LOS 115 5 5 71 0 0 0 0 U2 15 0 10 5 0 IU 10 0 16 0 0 112 10 0 12 0 0 16 11 A 0 7 5 0 I 3 10 18 too LOO 11 7 15 0 0 114 1 126 10 II 25 10 r4 al 0 3 0 0 i 0 0 0 100 0 100 0 100 0 100 0 100 0 10 0 ioo 100 0 to 100 0 100 0 100 0 100 0 100 0 107 10 0 125 ,:4 0 ll 71 II 0 116 0 0 121 ij 0 U7 0 0 TVS 0 0 VA 0 0 14 i 2 10 IU 10 123 0 0 llM ID 43 0 0 I 13" 1,2 1 5 7 7 5 1.00 0 1C0 100 1 00 100 100 North British -Do. Preference Scottish Central Do. Preference I ScottishNorth Eastern, Do.

Aberdeen Ordiu Do. Debenture Stock -Do. 6 per ct. Prefere i. Do.

7 Preforeiio Do. 3J Scottish Midland St Andrews Rerw eit Do. Extension Purcli Do. Gt. N.

Eng. BANKS. Bank of Scotland -British Linen Company -Caledonian Hank City of Glasgow Clydesdale L5ank Commercial Bank of Dundee Bank -National Bank of Scotlan North of Scotland -Royal Hank Union Bank INSURANCE OOM PAN IBS. Alliance Fire ami Life -British Guarantee -Caledonian Fire and Life -City of Glasgow Life Colonial Life Edinburgh Life Eng. and Scot.

Law Life -Life Association of Scot. -National Fire and Life N. Fire and Life In Mir. Northern Assurance Co. -Scot.

Provin. Fire ami Scot. Un. Fire an.) Lif In. Standard Life -I MISCELLANEOUS.

Aberdeen Gas Company -B. Ferry Gas Light Co. -Carnoustie Gas Light Jo Dunttee Gas Light Co. -Dundee New Gas Light Co. Dundee Water Company Do.

do. New Dundee Jt. St. Perth, Lou. Sfcu Co! Dundee Cemetery Co.

Edin. Gas Light Co. Edin. Si Leith Gas Forth and Clyde Co" Forf. Prop.

Investment Co. Glas. City Sab. G. L.

Co Glasgow Gas Company -Newport Gas Company -Perth New Gas Company Scot. Australian Tnvest. -ay and Shipping Co Tay Whale Fishing Co LKx Dividend 100 0 luO 0 100 0 100 0 100 0 100 0 Ml 4 1' 10 16 13 2: 4i ic. lo 100 100 10 100 i 1 100 0 210 I 0 23 5 ill 'j t) a0 0 0 oro -14 ft Yj 4 0 U6 175 ft stock too 0 Stock ioo 0 500 100 0 100 0 100 0 3 10 too 0 100 0 100 20 too 101 100 10 100 25 50 lOo 50 40 10 50 20 50 20 50 11 0 2 0 10 0 2 10 4 10 5 0 3 5 10 1 10 6 5 1 0 2 10 1 12 12 0 2 0 0 15 23 15 5 0 TJ 5 15 6 ft 2 17 0 5 3 .7 I ft 33 3 HM 0 1 2u 2 3b 5 I) 2 .0 60 10 5 63 pr a.i 4 per Ct. 5 5 a 3 per vi 10 8 i 10 10 5 pr ct.

10 pr si. I 1 47 5 5 0 10 10 45 10 1 25 25 11 5 tft 2 f0 ti6 63 1ft 1 15 0 53 10 0 30 10 0 13ft ft 2 .1 19 12 6 50 0 tO 110 2 lo 0 115 0 0 5 0 0 411 0 0 25 0 IS 0 StockliOO 0 25 0 10 10 0 25 I 25 0 i 5 I 6 Stock 10C 0 20 20 0 Stock l-40th OfckiPATCU AND ARRIVAL KORKU' i COLONIAL M.VILS AT. DaNUEE General Posr Ofkice Jaq. MuLS- Despatch Australia New Zealand via) Southampton, Feb. 19, 2.j Mails Dl'8 Feb.

IS Feb. 13 Feb. 5 Feb. 2-i i Video, and Cape do Verde Feb 8.40 P. a Do.

by Freueh Packet oia Bordeaux Feb. 23, 2.3n Cape of Good Hope, i and St Helena, Feb. 4, 540 Canada and United States by Kverv Canad an P.u-lrc Feb. 28 China, Penang, aud Singap to, i oia Feb. rlo Hiumr Feb Gibraltar, it" nah, if" India (Calcutta line).

tc, oii Southampton, lnilia(Boiubay line)tia South- 1 aicpton, i1 Feb rr I Malta, Egypt, and Aden, I 0D" Southampton, Feb. 3, 2. JO Do. Mauritius, oia Do. tia Marseilles, Mexico cb Newfoundland, via United States, California, Ac 2.

5.3 i P.M. P.M. P.M. P.M. P.M.

Feb. 5 Feb. Feb. 5 Feb. tS Altenu Wed.

Feb. 8 19, 2.30 25, 5. M) 2.3 5, 5.30 by British Packet, Feb. 6. 8 30 Do.

do. bv Unitrf i P.H, Packet, via BO. ner Feb. 2.30 p.MJ Line ai Packets dm Cork. Feb West Coast of Africa, Madeira: i0 and Teneritfe, i Fhk West Indies and all places" the uu I P.M I Feb.

11 VUlll. I Feb 1, S.33 v. Feb. It Sweden, and Norway. MOO.

UIOII WAl Kll OL.XUlic ary. Rises. Sets. Rises. Sets.

Morn. Even, a. M. U. M.

M. H. B. M. ll.

M. Tuesday 21 3 10 Wednesday 3 8 8 Thursday 4 3 Friday 5 3 4 Saturday 6 3 2 7 3 0 Monday 3 7 5a 4 44 4 46 4 48 4 50 4 52 4 54 4 57 3 10 11 a yj 47 4 17 55 10 8 to 5, 5 17 0 57 11 1 7 6 46 7 IS 2 12 3 ls 0 5 1 4 1 -ft 0 1 3i i 2 3 5 0 7 42 tl 1 3 43 Last Moon. 7th 10 rrr. outrose, 1 hour 7 Stet DUXDEE By CHARLES ALEXANDbli, -LinieteiX01UI NaW3PAPsa I'aianSo Compamt pi l.w Every 2. i0 -i.

Thurs. 5. 2.JV P.m. Feb. 9.

5.30 P. W-K 1 eo. aao p. Feh eb. 3, p.m.

Feb. 8 i3o p.h. Feb. 28 Feb. 3, a JO p.m.

Feb. 8 9. o.30 p.m. Fe5. ij, 11, 2.

10 p.m. Feb. 11 P.M. Feb Feb. 1 Before Sheriff Robertson February 1, 1864.

Examination of Clark, Thomas, Furniture Dealers and Cabinetmakers, Montrose. There were present C. Wills, writer, Montrose, trustee on the estate, and Mr Andrew Grieg, writer, Montrose, his agent. ohn Thomas, the junior partner of the firm, having been sworn and examined by Mr Greig, deponed I was a coachman up to the month of March, 1862. About the beginning of that year I had various communings with Henry Clark as to my becoming a partner of his.

I ultimately entered into partnership with him, and put 90 into the business on the 25th January of that year. My name appeared on the sign-board about the 22d of February. Before going into partnership with Clark, he represented to me that Lis stock was worth 585, and that he was only owing a few pounds to a traveller! At the time I went into the partnership there was no regular contract, but C'ark handed to me the document which I now produce, which shows the terms of our partneiship. 1 proposed to put 100 into the business, but I only put 90. The name of our firm was Clark, Thomas, Co.

About the 14th or 15th March, 1862, I left my employer at Dun, and went to the shop in Murray Street. I remained at the shop until about the 2d June following, when I returned to my old service at Dun. During the three months I was engaged in the busin-ss I got nothing out of it, and I got no wages except a few shillings. I also got some of my victuals from Clark. The only bill I signed iu connection with the business werrt two bills drswn by my father-in-law, James Morgan, upon Clark, Thomas, and Co.

for 50 and 25. these bills were discounted at the Union Bank, in Montrose, and, I understand, are still unpaid. During the time I was in the shop, my duty was to serve customers, and keep the furniture in order. I drew money occasionally, and I always accounted for it to Clark or his wife. Clark could not write, and his wife did all the writing required.

Mrs Clark kept the books, which seemed to be very irregularly kept. They were only pass books. It was part of the company's busiuess to let out furniture on hire. I cannot say that this was always done to a large extent. Mrs Clark always kept a note of the furniture so lent.

The hire was paid according to agreement it might be monthly or quarterly. Goods were also sold on credit, and paid by instalments. Of these a note was also kept iu the books. Personally I do not know particulaily about the business I never examined the books. After I joined Clark, I saw that he was pressed for money.

At the time I was with him there was very little trade, but I cannot tell how'the business paid generally. Soon after I returned to ray service at Dun, I told Clark that unless there was a prospect of repayment, I must call up the money I had put into the business, and he said I would get it. I did not get it, however and, as I expected the business would improve, I did not press for it. I did not know that Clark was in debt to any amount, and believed the stock was clear. After June, 1862, I had nothing whatever to do with the business, except occasionally looking into the shop when 1 h.npened to be in Montrose.

I left this district ou 11th November, 1862, and did not return till the end of May, 1863, after Clark individually was sequestrated. Judging from my experience while engaged in the burin ess, I should think that at the time of Clark's sequ stration there must have been goods out on hire, aud also debts due for the hire, as well as for goods sold. I can give no information as to the assets or liability of the comp ny at the date of sequestration. I have no property of my own, and have no debts. I do not expect to succeed to any property, nor do I expect that my wife will.

I have no house of my own, but live with my father-in-law. Henry Clark, senior partner of the firm, was next sworn, aud deponed I commenced business in Montrose about fourteen years ago. I carried on business in my own name until about eighteen months ago, when John Thomas joined me as a partner. The name of our firm was Clarke, Thomas, Co. There was no contract of copartnery made betwixt us.

There was a short writing which embodied generally the terms of agreement come to between us. My wife signed that document, as I cannot write myself. At the commencement of the partnership, John Thomas aud I looked at the stock, and put a valuation upon it mentally. I caunot exactly say, but I rather think the amount of the valuation was 500 or 600. I reckoned that the amount of my debts was about 300.

Thomas was to put into the business as much money as would give him an equal interest with me in the business that is, ho was to put in as much as the stock exceeded the amount of the debts by our valuation. He put into the business 90, and of that he drew out again some 6 or 7, which included the value of a watch sold to the butler at Dun House. After the partnership commenced Thomas went into the shop and tok charge of it. He cleaned the furniture and waited upon customers. He sold goods occasionally, and I believe received payment in cash.

After Thomas left the shop he went to Dun, aud afterwards to London. After he left the shop Thomas occasionally called in and inquired about the business, but he never looked at the business books. During the partnership we never made out any balance sheet to show how we stood. Before my partnership I sometimes got assistance from clerks in keepiug my business books, but latterly, and during the co-partnery my wife kept the books. These consisted of small pass books, which I have delivered up.

I never kept a bank aocount. I was in the habit of hiring furniture to parties. At the time I was sequestrated, personally, the only article out wasasofa, which was got back, aud is now in the stock. I also got back after my sequestration a dresser and a bedstead, and some other articles, which were returned by parties who were not able to pay for them. These are now also in the stock.

I also gave up to my trustee since my sequestration five watches. I did not account for more than one of these at my previous examination, because the others were iu pawn at the time. I do not think that any of these watches have been purchased since the commencement of the partnership excepting one which I bought from Messrs Solomon Co. I have not recovered any money since my personal sequestration and I have received no goods back but what has been accounted for to my trustee. Peter Mitchell, labourer, Montrose, lent me at one time 25, and I have paid him only 10s of that sum.

I don't think 1 am due him any more except for some articles he furnished to me. He has taken my shop in his own name by way of security to me. I gave up to my trustee everything, and had to borrow a few pounds from friends to enable me to do something for my family. There was no hires for furniture due at the time of my sequestration. I am not aware that there is any book having entries of articles lent out.

1 do not think that my wife or anybody else kept a note of such, I cannot account for the losses on the business except from bad debts, and I think these will be found entered in the books. I have given no preferences to any creditor. I did not keep any account of my family expenses but I think they never exceeded 25s per week. I never paid Thomas any wages during the time he was with me. The state of affairs showed tke amount of assets to be 145, and debts 369 12s 9Jd.

The statutory oath was then administered to the baukrupts. The journals of Hanover mention that the tenor singer Niemann has been fined 15 thalers for having changed as has been stated, certain words in an opera by Marschner, in which he was singing. Instead ol saying, Rejoice proud England, he had exclaimed' "Shame on you proud England." The Navy Estimates. The Navy Estimates for the approaching session of Parliament are now in the hands of the printer. We have heard a rumour that the amount of command money, which has failed to give satisfaction amongst those for whose benefit it was originally instituted, is likely to be increased in the cases of captains, commanders, and other junior officers in command, and of certain nag-officers who may be appointed to particular stations.

It is also reported that a sura has been takeu with a view of increasing the half-pay of old officers. This last-named act, if carried into execution, will be one of great popularity. Army and Xaj Gazatt'j. FORFAR FEMALE INDUSTRIAL SCHOOL. The annual meeting of the subscribers to this institution was held in the Town Hall, Forfar, yesterday afternoon, at one o'clock G.

H. Dempster, of Dunuicheu, in the chair. THE REPORT OF THE COMMITTEE OF MANAGEMENT. Mr Lyon, the Secretary, read the report of the Committee of Management for the past year, which was as follows The managers of the Female Industrial School beg to submit their annual report of the progress of that Institution. They have great pleasure in stating that the school continues in a state of undiminished efficiency, and has proved itself a benefit to the daughters of the poorest classes in our town.

The number of scholars at present in attendance is higher than at the same period in former years. Upwards of 100 names are on the roll, with a daily average of about 80, of whom 30 take advantage of the dinner provided by the Institution. It is gratifying to the manager to report that the training of the scholars in the industrial and educational departments has been conducted by Miss Fernie, to the entire satisfaction of the large committee of ladies and gentlemen, who are visitors as well as directors of the school. At the last annual examination by the Government Inspector, a favourable report was given by him of the progress the pupils had made in the different branches taught in the school. The financial affairs of the school, although not free from difficulty, yet are, to a certain extent, satisfactory.

In the last report, the managers had to state that it was only by the help of the proceeds of the fancy bazaar the large amount of debt due by the Institution had been cleared off, and that they were thus enabled to begin the year, depending entirely on subscriptions and donations, although free from any pecuniary burden. Owiug to circumstances, however, which were not foreseen, the managers regiet that the usual appeal to the inhabitants of the town and neighbourhood for aunual subscriptions to the school was not made till much later iu the year than usual. In consequence of this delay, the funds of the Institution were at one time at a very low ebb and had it not been for the balance of the sum realised at the bazaar, and several small suras unexpectedly received, they would not have been able to carry on the management without incurring additional debt. As soon as the position of the school was brought under the notice of several interested in the Institution, fresh efforts were made to raise the necessary funds by pudiing forward the local subscriptions, and bringing the claims of the Institution under the notice, of its friends at a distance. The manager-i are happy to state that by these means they are saved from any embarrassment in carrying ou the affairs of the school.

To all who have assisted them with their contributions, the managers beg to return them their wannest thanks. "Though the statement by the treasurer shows a large balance ou hand, yet the managers would have it borne iu mind that, from the annual collection having been so recently made, it would not be in their power for a considerable time to make the usual appeal for support, and that the balance, though large, will scarcely suffice the expenses necessary for carrying on the management. The managers would bring prominently before the public the progress the pupils have made in the industrial department, and particularly that there is a large amount of sewing and knittin? done in the school. By countenancing these branches, the public will not only add to the funds, but will excita the children to greater exertions in improving themselves in these branches, which are so useful in every household. "The manageis would take advantage of this opportunity of recording their hearty thanks to the Rev.

Mr Mitchell for the haudsome sum he has placed at their disposal, as the procoeds of a course of lectures he had taken the trouble of organising during the winter for the benefit of the school, and also to those gentlemen who so kindly gave their services as lecturers. "The managers would again bring before the members of the community the claims of the three classes to whom this Institution has been of so great benefit, aud trust that those whom God has favoured in a time of great commercial prosperity will not forget that this Institution is deserving of their assistance and hearty support." THE FUNDS OF THE INSTITUTION. Mr Lyon read the financial report for the past year, from which it appeared that the total income from all sources amounted to 144 7s 9d, while the expenditure was 93 4s 7d, leaving a balance in favour of the Institution of 51 3s 2d. Mr Lowson said that, as auditor, he had gone over the accounts, and found them all correct; but there were one or two things which he thought it would be well to bring under the notice of the meeting. They had to congratulate themselves upon the success which had attended the Institution during the past year, for they had 45 3s 4d more in hand than they had at the beginning of the year.

This, however, was due to ths very large receipts they had got from extra sources, and they could not be too thankful to those who had contributed. There was one thing which ought not to be kept out of view, and that was that the ordinary revenue arising from subscriptions and work done by the children attending the school was sufficient to meet the whole expenditure. (Applause.) The income amounted to 144 7s 9d; but, after deducting the balance which was in the treasurer's hauds at the beginning of the year, the sum was reduced to 138 7s lid. From extraordinary sources there had been realised from the bazaar 19, and from a course of lectures delivered, 9 12s 3d. They were certainly obliged to the Rev.

Mr Mitchell for having got up these lectures applause) and if he or any other gentleman should get up another course during the current year they would be very glad indeed. There was also a sum of 4 18a which was obtained for work done in 1862. These sums amounted to 33 10s lOd, and, deducting that sum, along with the balance in the treasurer's hands at the beginning of the year, from the total income, they would observe that the iucome derived from ordinary sources amounted to 101 14s Id. The expenditure amounted to 93 4s 7d, and they would thus observe that they had kept their expenditure within their income, to the extent of 11 12s 6d. (Applause This was very gratifying indeed and if the subscriptions raised in Forfar and neighbourhood amounted to 70 a-year, the managers would be enabled to carry on the school successfully.

The Chairman said that they must all feel happy that the funds were in so flourishing a condition. That was a matter which was very gratifying to him, as he took a deep interest in the Institution. Although they could not depend on support from such extraneous sources as Mr Lowson had mentioned, yet he hoped that the sum which would be realised during the present year would not be less than that obtained during the past. (Hear, hear.) He thought that they were very much indebted to the ladies for their exertions, aud he believed that very much of the success which had attended the Institution this year was owing to them. (Applause.) He concluded by moving the adoption of the report.

Mr LYON said that, in addition to what Mr Lowson had stated, he might state that on one occasion when the managers felt themselves in difficulty because no subscriptions were coming in, Sheriff Robertson obtained from his friends at a distance subscriptions to the amount of 9. That was a very generous act, indeed, and he took advantage of this oppjrtuuity to mention it. (Apjdause.) The reports were approved of. ELECTION OF DIRECTORS. Rev.

Mr Campbell proposed that the following gentlemen be elected Directors for the current year G. Dempster, Esq. James Young, Esq. W. Lowson, Esq.

John Ormond, Esq. and John Lyon, Esq. Mr Mtle-s, writer, seconded the motion. He said he would take the liberty of stating that lie thought the Institution would more likely succeed if the constitution was somewhat liberalised. For his own part he thought it would be a great improvement on the constitution if subscribers to fchj extent of 5 and up-waios, were allowed become iiwgeis or directors of this Institution.

This was an Institution which de CHESS. All communications to be addressed to the Editor of the Ches3 Department," O.iioe of this Paper, and to be forwarded no later in tha week than Thursday. TO C0BBESP0NDENTS. Solutions of Problem LXXVI. by "Alpha;" Cupar;" '-T.

Dunkeld V. S. H. Ulasgow and K. Correct.

TayPrt. We quite agree with your remarks on the i Correspondence fiame. E. Inverness. A copy of the Game has been forwarded.

SOLUTION OF PROBLEM LXXVI. White. Black 1 to 3 I i takes (best) 2 Kt to Kt 1 eh 2 to 4 3 Kook mates PROBLEM LXXVII. By E. B.

Cook, of Hoboken, X. J. (The Chess Monthly.) BLACK. WHITE. WHITE TO PLAT, ANO MATE IN POUR MOVES, IRREGULAR COUNTKR GAMBIT.

Played at New Orleans, May 9, 1350, between Mr Paul 1 r. i- I L' White. Black. (Mr Paul torphy.) 1 to fourtli 2 Kt to third 3 to fourth 4 to third (b) 5 Castles (c) 6 Kt to his fifth 7 tikes 8 Kt to third 0 to ird 10 Kt to fourth (e) 11 to seventh (ch) 12 to sixth (ch) 13 takes (check) 14 takes (check) 15 Kt to KB seventh (ch) IS Kt takes 17 takes 18 to Kt fourth 19 to square SB QB to Kt second (ch) 21 to fifth (ch) (Mr Eugene Roussean.) 1 to fourth 2 Kt to third 3 to fourth (a) 4 Kt to third 5 to third (f) 6 to fourth 7 Kt takes 8 Kt to second 9 to li third 10 takes Kt 11 to second 12 to second 13 to her third 14 takes 15 to his third 1 1 takes 17 to his third 18 third 19 to Kt so 20 to Kt fourth 21 to his third 22 to Kt fourth zs vt noma (en) () 23 It takes Kt And Black resigns, (y) NOTES. (t) This Counter Gambit is hazardous.

(6) The best authorities now recommend to fou th as that move at this p.dnt can only he answered by to third, reducing the game to a Lopez Counter CUrabit but the theory of this opening is far from being settled (c) A strong move, which is not to be found in the books. () Tame, and a loss of time. to ti fourth, would perhaps have been preferable. (e) An uuexpected and beautiful move. Whether Black take or not, hite obtains a powerful attack.

(f) The shortest road to victory. (y) Mr Morphy, at the time of playing this game, was only twelve years of age. RUY LZ KNIGHT'S GAME. Played by correspondence, during the years 1854-56 between Professor Max Lange and Mr E. Fischer of Detmold, White.

Black. Mr Fischer. 1 to 4 2 Kt to 3 3 Kt to 3 4 Kt takes 5 takes Kt 6 to 3 7 to li 4 (c) 8 to Kt 4 9 to (i 4 10 to 2 11 Castles 12 Kt to his fifth IS to his third 14 to sq 15 Kt to 4 16 takes () 17 to 5 IS to Kt 4 19 to Kt 5 20 i to 4 21 to 3 22 takes 23 i to sq 24 to 11 4 to her second 26 to his third 27 takes 28 to sq 29 to Kt 3 30 to i 3 31 to sq 32 to Kt 3 33 to 4 34 to 4 35 to 4 36 to 6 37 takes 33 to her sq 39 to 3 40 to Kt 4 41 to sq 42 to his sq 43 to Kt 3 44 to It 3 45 to Kt sq 40 i to her Kt sq 47 to 7 43 to 4 49 takes 50 to Kt 51 takes li 52 takes Kt Mr Lange. 1 to 4 Kt to 3 to Kt 5 4 to 4 (a) 5 Kt takes Kt 6 takes (6) 7 to 4 8 takes 9 to Kt 3 10 to 5 ch QBtoK B4 12 Castles 13 to 4 14 to 3 15 to 3 16 takes Kt 17 Kt to 3 IS to i 19 PtoK Kt 3 50 to Kt 2 21 to sq 22 takes 23 Kt to 2 24 to sq 25 to his sq 26 to 4 27 II takes ch 28 to her second 29 Kt to 3 S-l to tj 6 31 to sq 3i to her fifth 3J Kt 2 34 to 4 35 Kt to sq 36 to Kt 4 37 Kt to 3 38 to 5 () 39 to his Kt 2 40 to 3 41 to 4 42 takes Kt ch 43 to 6 44 QtoKIiS 45 to 5 46 to his 3 47P to Kt 5 48 to Kt 4 49 to il 7 50 to 5 61 Kt takes 52 Kt to Kt 5 53 takes And Biek resigns. NOTKS.

be stronger than the customary renlv jj Black cannot safety capture with 6 to 5 takeS 6Btakes 0 takeK 7KttoKR3 8 a take iv.t 8 Kt ik 9 takes with best position (6) to 5 appears to be better () to Kt 4 is perhaps pref rabl () Black ought rather co move tj (-') takes li trtmger play (J) This is decisive. If, in reply, Black phy so a to a li 30 to 40 to (i and wins. Or, 40 ch 39 to Kt sq 41 a ch with, same result. tastes 1h' fl fl 1 Ml' li yMy Wm Wmt LJB lii sif WLMIm ALBERT INSTITUTE. MEETING OF THE SHAREHOLDERS.

The adjourned meeting of the shareholders of the Albert Institute was held yesterday in the Royal Exchange. There was a large attendance. Sir David Baxter occupied the chair, and among those present were W. Baxter, M.P. the Bishop of Brechin, Rev.

Dr Watson, Sheriff Ogilvy, Provost Parker, Bailies Ower and Yeamai, Messrs John Symers, P. H. Thoms, O. G. Miller, J.

B. Baxter, J. O. Dalgleish, W. Small, A.

J. Buist, W. W. Renny, W. G.

Don, Alex. Low, R. Gilroy, R. Fergusson, H. B.

Fergusson, J. H. Luis, John Sharp, Alex. Henderson, John Cooper, M'Kenzie, J. Leadbetter, T.

Smith, James Patterson, J. EL Caird, Thomas Lamb, Sir David Baxter said Gentlemen, when we last met here, I felt compelled to express myself as very doubtful about your prospects of acquiring the ground for the Albert Institute, but I am happy that tl ings look very materially better. We have had a mee ing with the Town Council Property Committee, and I have much pleasure in saying, in presence of this meeting, that the manner in which we were received by the Committee was altogether satisfactory to all the members of our Committee. (Applause.) We stated two propositions to them, one of which they did not feel themselves at liberty to entertain, because they thought there would be strong opposition to it in the Council that was to give us the power of sub-feuing a portion of the ground, which would not be required for the purposes of the Institute, not, however, exceeding the SO poles. There was a very strong expression against entertaining this proposal, and I may say it was connected with another proposition which I made to the Committee, and which I think was received favourably.

I have been long impressed with the feeling that it was not very seemly that anybody in the town should possess a piece of public grouud, and should hold restrictions over it or any conditions to the prejudice of the Town Council. I think in all matters where the public interest is so deeply concerned, as it will be in this case, that it is our duty, if we can see it to be for the interest of the Institute, to hand over the surplus ground to the Town Council, to be appropriated by them in all time coming for the use and advantage of the public. (Hear hear.) You will gee, gentlemen, that that is substantially what we have been looking forward to, excepting that we are to change positions in this they are to have superintendence of the pleasure ground, aud the control of it, they giving us the usces-sary entrances to the Institute from the diffeient streets. (Applause.) I will say uothing further, but read the resolution which, if not unanimously agreed to by the Property Committee, four members out of five expressed themselves out and out in favour of the proposal, but wanted time to consider it, conceiving it to lie a large question, which it really is. I do not, therefore, object to that, because it has been over and over aain stated that we want no advantage, our only object being to forward this great public improvement.

If this is acted on by the Council, and I have every confidence that it will be so, our object will be, to a large extent, gaiued. I will also express my regret that we have not met with the Council in committee before dow, as I am quite sure that if we had done so, we would have explained ourselves in such a manner as would have removed much of the difficulty which has existed between us and the Council. (Applause.) The resolution was then read aa follows Heads of Agreement between Committee of Albert Institute and Committee of Town Council, at their meeting, 1st Feb. 1864. "1.

That as the ground space required for the purpose of the Institute will not occupy more than eighty poles, and that consequently 160 poles or thereby will remain unoccupied, it is hereby declared and agreed that the area of 160 poles, or thereby, shall be kept an open in all time coming, for the use and recreation of the inhabitants, under such rules and regulations as the Magistrates and Town Couucil may from time to time enact. The Institute to have free access to their buildings from east and west end of Panmure Street, also in centre if required, and on the south side from Meadow Road. 2. That the Institute shall undertake to defray the cost of all the buildings connected with the Institute and Free Library -the latter being contingent on the ratepayers adopting the Free Library Act within three years from the date of sale. "3.

That, in consideration of the advantages to be derived by the community from the large open space in the centre of the town, the Police Commissioners take upon themselves the expense of making foot pavement and causewaying the roads all round, and that the Town defray the expense of parapet walls and iron railings, or otherwise enclosing the ground as the Magistrates may think proper, and laying out of the grounds, and keeping the same in all time coming. The execution of this to be suspended uutil the Town Council shall feel themselves in a fiuancial position to defray the expenses of the same." Mi Stmers This resolute ays nothing about the price to be paid by the Insti for the ground. The Provost The price remains the same as before. You will see that the proposal, if adopted by the Council, and I hope it will I am anxious that it should confine you to a payment of 8030 for the ground. The other expense will fall on the Town Council or the Police Commissioners.

Mr Symers I have heard this resolution with great pleasure, and I do think we are much iudebted to the Council Committee foi coming to such an arrangement, which I hope will be sanctioned by the Council. I think altogether it puts the Institute in a very favourable position. Mr O. G. Miller moved that this meeting approve of the proceedings of the committee and further, that Sir L'avid Baxter's Committee should be contiuued.

Tho resolution was then unanimously agreed to. appointment of dirbctobs. Mr Gloag said the next formal business to be transacted at this meeting, was the appointment of Directors. According to the Act, the Directors up to this day were ThTA SlgtlMd memorandum of association, new DiSjwM V'at at thefir8t gueral meting migbVhrr'e aPPJmted' but tLoae The Pbovost it had been thought desirab'e to conunue the Directors with the addition of the follow 'nTen Messrs J. Baxter, Janus John Anderson, James Edward, Alexander Clayhills, and W.

imy and he moved that they be re-elected ae-cor injfy. i l.e list of the old Directors, which has previously becu published, was then lead. Mr BuidT ugges ed that they should reduce the num.