The Express.
London, England, 1852-06-19 00:00:00

LOCAL SHARE MARKETS.

LITIIIMOOL, Juan 18.—We have again had a very active
market to-day, and we quote a farther improvement in
prices generally :—Birkenhead, Lancashire, and Cheshire
(late Chester and Birkenhead), 181—Caledonian, 201 !
Cluster and Holyhead (pref. guar. 61 per cent.), 19—
Hasten Counties, 10 1-16--East Lancashire, 18 11-16--
Lancashire and Yorkshire, 761 I —Ditto (fifth shares), Sid.
—Ditto (201. F sham), d.—Ditto (fifth shares West. K.
Union), 31 d.—Lancaster and Carlisle (third shares), 101 p.
—London and North Western, 125! Ditto (new 1 sharcil,
61 p..—Ditto (fifth shares), 41 1 p.—Malton and Drifileld,
61—Manchester, Sheffield, and Lincoln, 331—Ditto kref.
shares), 131—Ditto (61. new pref.), 1 p.—Midland, 70 1 1
I I—Ditto (new pref. 41 per cent.), 1.16 p.—Ditto ou-
sel. Birmingham and Derby), 371—North British, 81 1-
St.
Helen's Railway aid Canal (pref. guar. 6 per cent. and
div.), 172—Shrewsbury and Birmingham (9/. 12s. 3d.
B.), 61—Shrewsbury and Chester, 191—Ditto Gswestry and
Chester, 141—South Eastern and Dover, 21 I—SheMeld,
R. sad Goole, N. D., 22$—Yoek, Newcastle , and Berwick
(put unpaid up), 21 d.—York and North Midland, 241—
Great Southern and Western, 4211.

MAXCHZITID, JUNI 18.—There was a vary good busi-
ness, and prices were rather higher than on the previous
day. Caledonian, 201; East Lancashire, 181 ; Leeds stock,
; BheMelds, 331 ; Midlands, 701 ; No:th Staffords, d. ;
Loudon stock, 1251 ; Eastern Counties, 10 ; York and Worth
Midland, 241 ; Chester and llolyhsad, 221 ; Donn,
21 7-16.

BIRMINGHAM, JI:X1 18.—This market wu very active
to-day, sad prime were all in advance. BaMars Counties
were done at 10; Birmingham and Stour Valleys at 101 ;
Cheater and Holyheads at 22f ; Midlands, at 091, 70;
Shrewsbury and Birmingham A's, at 8} ; and B's, at 61,
81. 13s. 9d. In local stocks, Birmingham and Staffordshire
Gas shares were done at 1001, and General Steam Naviga-
tioa Company sham at 281.

LUZDO, Juni 18.—There ha" been a very buoyant
market thia morning, and a considerable advance has taken
play in the principal stocks. In Midlands there were nu-
merous transaction', cloak, at 70* ; Lancashire and York-
shires were done at 76t ; Bast Lancashire', at In ; Leeds
Northern', at lq ; North British, at ; South Eastern
and Dover,. at 21t ; York and North Midlands, at 241
Manchester, She Meld, and Lincolnshire, 36.

ANOTH/R COAL PIT ACCIDENT.—A most sad and
melancholy accident occurred on Monday list at one of
the coalmts of Messrs. Diminock and Co., Buskin°NW
Colliery,hien. It appears that the men assualded is
usual on the miming in question, and at six o'clock, the
hour for beginning work, one " skip" full of men sad boys
had gone down, and the skip was in the act of dia
the second time with another " banditti " when s:lstti
explosion of firedamp was heard by those still apes the
bank, and waiting to descend. Upon the engine being
reversed, and the skip brought to the top, but imp w-
oos was found to have retained his hold, the whsle of
, his companions, to the number of 8 or 10 men and boys,
' having been thrown from the skip, end precipi-
tated to the bottom by the violence of thi explosion below.
So violent was the concussion that the report was heard to
a very considerable distance ; many of the neighbouring
pits' companies ran to the scene of danger, and with that
praiseworthy and heroic humanity which is he leading
characteristic under similar circumstances of the South
Staffordshire miners, at once voluntarily offered, regardless
of their own safety, to &mend the pit, and endeavour to
rescue the unfortunate sufferen below. Immediately
upon the burnt sulphur, here teehniCally called
Ore stick," and in which no one as breathe,
having sufficiently passed away to admit of any came
attempting it, several men descended the shalt, and
the whole of the sufferers, M in all, were brought to the
top. One was found to be dead, and four others imme-
diately expired upon being brought upon the bank, and
the rest were all more or ism Wand, some to such an ex-
tent that it is thought impossible they an survive. Out
of fire horses which were in the pit at the time of the
accident only one was brought up alive, and that was so
badly injured that it was sot to the citable with diffi-
culty. }rout inquiries made upon the spot it appears
the accident is attributed to the following unfortunate
circumstance : The man who has the care of the
horses, as was his usual custom, descended the pit for
the purpose of feeding them on the previous morning,
which was Sunday, and in leaving the pit he
accidentally left open an "sir-door," through which
he had to pass, and which is placed in one of the under-
ground ways to prevent the current of air passing directly
from the bottom of one shaft to the other, and to force it
through the whole of the workings. By this door being
left open, the ventilation of the main body of the workings
was prevented, and consequently the accumulation of ex-
plosive gas went on from the Sunday morning till the time
of the accident, the next morning ; and as the first skipful
of men were going in to work, unsuspicious of danger, the
immense accumulation of bight/ explosive gas suddenly ig-
nited from the unprotected candles carried by the men, and
this communicating with two casks of blasting powder, which
unfortunately happened to be deposited in some part of the
pit, these two bodies simultaneously exploded, surrounding
the unhappy colliers in one sheet of Ire, and causing the
sacrifice of life above described.

FAIDAT BYIMINO.
There was mot much business in the English funds,
to-day, but the accounts of the extraordinary accu-
mulation of gold in the Bank, and the continued
arrivals, had the natural effect of strengthening prices,
which closed Arm at a rise of 1, bringing Consols up
to par, with the dividend off. Consols were Bret
done at 991, but closed 991 to 100 ex div. for the
opening of the 16th July. For his daily purchase of
Reduced Threes, the government broker was com-
pelled to-day to pay as much as 1001. The business list
is brief, comprising only the following :—Three per
Cent. Como* for the opening, 99/, 100 991. Three
per Cent. Reduced, 1001, 3. New . Three-and-a-
Quarter per Omits, 103, 1021, 1031. Long Annui-
ties, 1860, 6 16-16, ; ditto, 30 years, 1859, 61.
The unfunded securities remain steady. Exche-
quer Bills, March, are quoted 745. to 775. prem. ;
ditto, June, 68s. to 71s. prem.; India Bonds, 8435. to
895. prem.
In the foreign department the tendency continues
upward, though there is no general movement. Aus-
trian scrip was pushed up as high as 4/ prem.
Mexican Bonds reached 26, and Chaim Six per
Cents. 106. Sardinian Bonds are also rather better, the
report of the intuition of the government to con-
tract a loan being contradicted. Other stocks I
are firm. Miss an recorded as follows :
Austrian Five pm- Coat. Bat etat pram- . Bel-
gian Five pee Cents., 1013 razi Old Five per
Cents., 1013. Buenos Ayres Six per Cents., 771 ;
Chilian Six per Cents., 106. Dutch Four per Cent.
Certifs. 961, 951 ; ditto for account, 30th June,
96. Ecuador Bonds, 41. Granada One-and-a-
Half per Cents., ex. Dee., 1849, Coupon, 22 ; ditto
Deferred, 91, 3, 10. Mexican Old Bonds, 32, 1 ;
ditto New Three per Cents., 25/, 3,1, 26. Peru-
vian Actives, 105 ; ditto Deferral' Three per
Cents., 83. Portuguese Five per Cents., Converted,
1841, 38) ; ditto Four per Cents., 38. Sardinian
Five per Cents., 941 ; ditto for account, 30th June,
3. Spanish New Deferred Three per Cents.,
211, a ; ditto Committee's Certifs., 2/ per cent.
Venezuelan Three-and- a-Half per Cents., 41. French
Four-and-a. Half per Cent. Rentes, 100 L 50e. (Ex-
change,
23f. 30c.)
Bank of Australasia shares were transacted in the
house to-day at 49; Union Bank of Australia,: :
Peninsular and Oriental Steam, 86, 851 cx div.; do.
New, 371 ex div.; Crystal Palace shares were better
at to 3-16 prem.; Ebro Canalisation shares were
quoted to 1 prom ; Madras Railway shares ad-
vanced to a premium of 11 to 21.
It may be interesting to the Mexican bondholders
to notice that the total amount of new bonds issued
by Col. Facie, according to the statement of that
gentleman, as published in the Express this
evening, is 9,200,4001. As the entire debt now stands
at 10,241,6501., it follows that bonds to the amount
of 1,041,2501. remain to undergo the process of conver-
sion. We hear nothing said about the due cancel-
mont of the old bonds by a public notary,
but it is probably scarcely necessary to draw atten-
tion to the necessity of a precautionary measure of
this kind, without which no conversion can be re-
garded as satisfactory by the bondholders. As
already suggested by us, the new bonds ought, at the
same time, to be countersigned by the committee or
their secretary. In these hints we merely embody
the opinion of the creditors as we hear it expressed
in places of public commercial resort, there being,'of
course, no disposition to call in question the perfect
regularity of the arrangements connected with the
present conversion.

s Our Hamburg letters notice that the price of the
Schleswig Holstein loans, repudiated by Denmark,
has recovered from 11 per cent, which was the
lowest (figure attained, to 19 per cent., buyers on
speculation making their appearance. The new
Austrian Five per Cent. Loan was quoted 88,1 per
cent. Mexican Bonds were buyers at 24 per cent.
The same letters mention as a fact deserving of
notice that agents from the British shipbuilders are
in that market actively competing for orders, and
that they are actually offering to build vessels on the
same terms and specifications at rates of contract as
low as those that will at present be accepted by the
Lubeck builders. This fact is of interest, as proving
that our home builders are actually able to
supply foreigners with vessels at cheaper rates than
they can themselves construct them, although it was
one of the great cries, when the repeal of the navi-
gation laws was in agitation, that our shipbuilding
trade would be ruined by the competition of foreign
builders.

The week's reoeipts of gold are further swelled by
the arrival to-day of the Northumberland with
16,900 or., and the Enchanter with 22,988 oz., of the
value in the aggregate of 169,6621. Both these
vessels are from Port Phillip, but their dates are not
so late as those previously to band.

The market for silver remains firm, the demand
for India continuing. The broken an kept extremely
busy by the influx of the precious metals from Aus-
tralia and other quarters. Further large supplies
will shortly come to hand by the West India
steamer.

In the market for foreign exchanges to-day, a small'
supply of bills was again observable, particularly for
Pans, paper on which place was in demand, partly
to remit against railway share*. Short Pans was
done at 26.40 to 421; ditto, three months, 26.66 to
371. Amsterdam maintained its previous rate of
12.11 to 1. Hamburg was lower, closing 13.10 to 104.
Frankfort rema►ned at 1211. No material change
occurred with respect to bills on Italy, Sicily, Spain,
and Portugal. The transactions were not extensive,
and the turn was in favour of buyers. Vienna and
Trieste again declined, although the exchange comes
higher from the other side. The premium to which
Austrian scrip has been forced up appears to be
tempting speculators into the market. Vienna closed
at 11.68 to 12, and Trieste at 12 to 12.2. The prices
negotiated are as follows:

21a06. Prow assolislod.
From To
dosolredess ...-.. Fora Short IN. st.. ... IN. T.
MD
&fiords= - 1111. 1 M.
limakurd awl Aliens " „ 170666.10 sal. 13room. Oink.
resakisrucedko.l4loop.e;r £lO „ 12111. arr.
.. ... 12141. Okr
Vora= par II „ 111. 871x.871x.. IN. 01r.
.1 n 136 Pm ... 111. Ikr.
„ ~ Wt. Oda. ... 33fr. OA
" ::
U
" „ M. 110 e. ... =tr. 0
7810.006. ... =fr. et
Short SUr. 40s. ... =tr. 4200.
„ 3 IfoadosiStr. Us. ... 23tr. 670.
I. I. 7010. 67 ... 7010. (Os.
„ „ =tr. Els. ... 131 r. 00s.

iriele :
Astvery
arm&
horls
SIT' -

......
„ „ mi.-- a , ... ire,: ie.
lit. SU ... SKr. 40e.
006 a .... - --- „ IMAM.; ... Ult.
I tallori " „ N. AO. ... NIL 72"
ISL. per &at „
pa cam " 111 = ... 12 pm
„ I pore ... 10 pow
Or &Ilas " pro ... 4 pm
pre ... 4
airialdili —.• „ „ Mao 4 10/0
~ ..
ses„
mu
0 mu ... 4 goomm
.. „ I ... 4
ansiti.u.s..-- ,, „ 100 ••• Pim
Mos pus ... 9 one
Wm. _ „.. ~:
...
......
..r num. pow .. pais
284165;1re Pir Tullio ",. il = ::: it mas.
sww
The exchange at Paris on LosAen is Mill looking
down. The quotation comes to-day reported at 25.37 k
for short.

The price of gold yesterday at Paris was about 5
per miUe prem. (new tariff rate), which, at the Eng-
lish mint price of 3L 17.. 101 d. per oz. for standard
gold, gives an exchange of 25.281; and the exchange
at Paris on London at short being 25.371, it fol-
lows that gold is about 0.318 per cent. dearer in
London than in Paris.

By to-day's advices the price of gold at Hamburg
is 430 per mare, which, at the English mint price
of 31.175. 100. per ounce for standard gold, !gives
an exchange of 13.71; and the exchange at Ham-
burg on London st short being 13.8, it follows
that gold is 0.232 per cent. dearer in London than
in Hamburg.

According to the lut acoonnta the course of ex-
change at New York on London for bills at 60 day.
sight is 1101 per cent., and the par of exchange be-
tween England and America being 109 23.40 per

cent., it follows that the exchange is nominally
0.92 per cent. in favour of England. After making
allowance for difference of interest and charges of
transport, we find that the present rate leaves a small
lirofit on the importation of gold from the United
Stem. Shipments of silver will probably also come
forward.
The extension of steam navigation with Australia,
in view of the great tide of emigration that is now
setting in towards those colonies, has become a
matter of paramount importance, and it is gratifying
to see that individual and joint stock enterprise is
promptly making up the short comings of the pettyl
government measure by which the development of
our rapidly increasing trade with Australia was pro-
posed to be assisted. In addition to the movements
of several joint stock companies already referred to
by us, the Liverpool advicee received to-day an-
nounce the satisfactory intelligence that the
enterprising Cunard Company, who have so suc-
cessfully maintained an efficient steam line be-
tween Liverpool and New York, have decided
upon establishing a line of first class steam
ships between tho United States, Panama, and Aus-
tralia, to work in conjunction with the New York
hoe. Under the present circumstances, this is a step
of the utmost importance, and will be regarded with
cat satisfaction by all connected with our Auatra-
ions. It has been further announced that
tin 1.7.7 Britain steam ship, which has just estab-
VOW leer character far speed aad eaciency by her
voyage to New York and back, will take her doper-'
tore for Melbourne, Port Phillip, on the 21st of
August. A new line of screw steamers from Liver-
to Australia, via the Cape of Good Hope, is also
advertised, to commence on the Ist of August.
the ith of August the I'eninsular and Oriental
Oimpaay will also despatch their new steam ship
Famora, for Sydney and Port Phillip.
The account of the position of the Bank of Eng-
land for the week ending Saturday, the 12th of June,
le as follows :
PANIC or ENOI

TA! °l!'

Nola lord DT.711.5

£34.715.270

Propulsion' Capi al yitmvuj
tea
'had.;U71.736
Cithe 1.• 1.12nk
001114118. XrelooW
Dobto. fl AcelL) consrs
00101 poi sl,•
tArnsday sad ~thear Ittlla 11.2511,41,2

T for the week ending June 12.142
(Immo-oat 1,11,015,110
Other Aouritlre 2...4.1.11.
Gold Colo 41 /AM= 20.12.r2.2
Meer dabs •3J!95

Z34.;25,270

Joao

71-tWt;Zutiat 86ourtties
ilactutl.D644 Wciabt
Annuity, ,. 513,674 636
ettlerelentritlin 10,673 tr 26
Nutt,* ... . 13,446.3 T,
' Gold sad Silver (645.. C. 6.761)

1433.6,6,7 ofi3l. MARSHALL, Chief ttmillor

The above returns when compared with those for
the previous week, exhibit the following changes:
Circulation issue £34,725,270 Increase £373,010
Circulation active 21,284,895 Decrease 400,420
Public deposits 6,o92,s732Decresse 27.388
Other deposits
Government securities in

--•-----
banking department..— 13,874,526 Decrease, 300,046
Other securities in leashing
department
Coin and bullion in both _ -•-

departments
Seven day and ether bills 1,250,492 Decrease 6,355
The Rest
The Reserve
The increase in the bullion and unemployed re-
sources of the Bank continues to be the chief fea-
ture of interest in these returns. In the Ezpress
of Friday we stated the increase on the previous
week's return of bullion at 346,0001., and our state-
ment of the great augmentation that has since taken
place may be relied upon as equally accurate. The
decrease in the active circulation, and the increase in
the " other " or private deposits and reserve attest
the extraordinary ease of the money market, and the
lifficulty felt by the directors in profitably employ-
ing the Bank's capital.
According to the official returns published in the
Gazette of Let Tuesday, the total note circulation of
ail the private banks of England and Wales, during
the week ending the bth of June, was 3,496,045/4 in
the week preceding the amount was 3,512,1341.
There is consequently a decrease of 16,089!.
The note circulation of the joint stock banks during
the same week was 2,838,355/. ; and the previous
week's return being 2,849,7911., the decrease is shown
to be 11,4361.
On taking into consideration the active circulation
of the Bank of England, which in the week in ques-
tion was 21,685,3151. (being 40,4851. more than the
week preceding), we find the aggregate note circula-
tion of England and Wales to be 28,019,7151., which
shows an; increase of 12,9601., as compared with the
returns for the previous week ending the 29th of
May, and !an increase of 2,735,8291. compared with
those for the corresponding week of last year.
As regards the fixed issues, the private banks were
1,202,0301., and the joint-stock banks 571,6321. below
the amount authorised to be issued, making a total
of 1,773,6621. below the fixed amount.