Entrance-fee: 1 guinea.
No closing date is stated, or can be guessed with any reasonable degree of confidence. The identity of competing composers is normally the last thing to become known, but here appears to be known already when the first problem is published. As the first problems to be published officially usually are prize-winning problems, while in this case an identified prize-winning problem is not published until August, it is difficult to guess at when closing date may have been, based on what information was published, and when.
A report from the tourney first appears in Illustrated London News.
“[ Subsequent to the C.P.C. 1852 tournament, ] a few of our own leading Problem-makers, determined not to be altogether disappointed of the object proposed, got up a little sweepstakes among themselves; the conditions being that each should subscribe a guinea, and send in eight problems. The inventor of the three best to be entitled to a set of costly ivory chess-men; and of the three next best, to a handsome chess-board. After a long and patient examination of the competing diagrams, the judges have decided unanimously, that Mr. Walter Grimshaw, of York, is entitled to the first, and Mr. Silas Angas of Newcastle-on-Tyne, the second prize.”Although the prize-winners are identified, the best three problems for which the prizes were to be awarded are not identified beyond one problem from each of the competitors (see source references above).
The date of the report in Illustrated London News suggests that the judges had presented their awards by 1854-08-20 at the latest.
The reporting by Chess Player’s Chronicle corresponds with that given by Staunton on most points, and does not add anything new. The only point of difference is that it does not identify any individual prize-winning problems while Illustrated London News explicitly identifies two prize-winning problems.
A point of unclarity concerns Angas problem 7. Number 1–6, published in the January issue, 1855, are explicitly identified as “some of those for which that gentleman obtained the second prize in the competition for the Tournament Problems.” Problem 7, published in the following issue, is not identified as a tournament problem. However, as it is among the problems printed in Illustrated London News, and there even identified as a prize-winning problem, it should almost certainly be included as a tourney problem.
It is also unclear what problems were considered to be the three best of each set. Illustrated London News only identifies one by each contributor, while Chess Player’s Chronicle indicates that all published problems (eight by Grimshaw and six/seven by Angas) were prize-winning problems.
And finally, it is not known if the required eighth problem by S. Angas was faulty, and for that reason not included, or if it was an editorial decision to not print a possibly less-interesting problem. (Illustrated London News published all of Grimshaw’s problem, but only four of Angas’s problems.)
Note 1. The identity of the arranger is unknown. If Chess Player’s Chronicle had been closely involved, the report would probably have appeared in that magazine first, and most probably with the winning three problems printed on immediately following pages, instead of as now, two months after the result was printed.
This section reprints the problems in the same order found in Chess Player’s Chronicle, and with the same numbers. Source details, however, are from first known publication. As indicated above, the only point that can be stated with any degree of confidence is that W. Grimshaw was awarded the first prize, and S. Angas the second. Which of the problems were among those three for which prizes would be awarded is not known, apart from one problem by each composer.
1 Prize: W. Grimshaw
Key: 1. Kd7
Source: 533, Illustrated London News XXIV:681 (1854-05-06), p. 415
Problem 2: prize
Key: 1. Sc1+
Source: 549, Illustrated London News XXV:699 (1854-08-26), p. 191
Source: 558, Illustrated London News XXV:709 (1854-10-28), p. 423
Key: 1. Sb7+
Source: 553, Illustrated London News XXV:703 (1854-09-23), p. 286
Key: 1. Qd6
Source: 554, Illustrated London News XXV:704 (1854-09-30), p. 303
Key: 1. Rf1
Source: 538, Illustrated London News XXIV:686 (1854-06-10), p. 349
Key: 1. Qd2
Source: 555, Illustrated London News XXV:706 (1854-10-07), p. 343
Key: 1. Kg2
Source: 536,Illustrated London News XXIV:684 (1854-05-27), p. 498
2 Prize: S. Angas
Source: 1, Chess Player’s Chronicle, new series, vol. III:1 (January, 1855), p. 
Key: 1. Sxf6+
Source: 2, Chess Player’s Chronicle, new series, vol. III:1 (January, 1855), p. 
Key: 1. Sa3+ [*] = Faulty: Multiple key moves
Source: 3, Chess Player’s Chronicle, new series, vol. III:1 (January, 1855), p. 
Key: 1. Sxh4+
Source: 541, Illustrated London News XXIV:690 (1854-07-01), p. 629
Key: 1. Bc5+
Source: 545, Illustrated London News XXV:695 (1854-07-29), p. 87
Key: 1. Qg1+
Source: 537, Illustrated London News XXIV:690 (1854-07-01), p. 629
Problem 7: prize
Key: 1. Rd7
Source: 549, Illustrated London News XXV:700 (1854-09-02), p. 219