The Express.
London, England, 1852-09-16 00:00:00

LOCAL SHARE MARKETS.

MaucEitsrsz, Suer. 15.—There was but • small amount
of business, and Trion were lower. Eastern Counties,
; But Lancashire, 184. i Les& stock, 87; Sheffields,
28; Midland, 771 ; Doyen?
BIILKINGH•11, SiPT. 10.— his market was very slow
to-day, and prices lower. South Stafford' were done at I dis.
Latino Sart 16.—Shares ars lower this morning, and
on 'Change Namely any business doing. Midlands have
fallen 15s. per cent., sad other stocks in proportion. The
transactions are only in two stocks—North Western Pre-
ference at 16k, and Midlands at 78.

TIIE RE-CUTTING OF THE KOR-I-NODE.—TITE
operation of re-cutting this famous diamond has now been
brought to a sueerseful termination, under the superintend-
ence of Mr. Guillaume Coster, the London, partner of the
firm of M. B. Coster, at Amsterdam. It has mounted a re-
gular shape—the form being that of an oval brilliant cut
upon geometrical lines in the best style of modern art. The
value of the stone is now therefore much enhanced, and for
purity of water and brilliancy, it is not surpassed by say
diamond in the world. Several of the larger diamonds be-
longing to foreign states are, it appears, open similar criti-
cisms as to apparent dulness and want of regular form u
those passed upon the Koh-i-noor before the recent altera-
tion, and are also capable of being mach improved by the ap-
plication of the principles of modern art. The two smaller
diamonds, pendanta to the Koh.i-noor, have undergone a si-
milar treatment with their larger companion, and with
equal succeed. The Messrs. Garrard have testified their sense
of the ability and skill of the parties to whom the work hes
been eatrusted, by the presentation to them of suitable
testimonials. The meaner in which the Koh•i•noor is to be
used is not yet finally determined ; but it is believed that it
will form the centre ornament of a tiara, or royal diadem,
and the two smaller diamonds portions of a necklace of
diamonds to be worn by her Majesty or state occasions. A
melancholy interest attaches to the gem, from the fact of its
being almost the last object of public interest which was
visited by his Grace the late Duke of Wellington, who com-
menced the work by cutting the first facet, and manifested
great iotereet for the success of what was considered a peril-
ous undertaking.
GREAT SCARCITY OF SILVER COINAGE.—There
n as known for many years so great a scarcit of the
silver currency as at present, in consequence of the very
large exportations of silver that bars recently taken place
to Port Philip, Melbourne, Geelong, Sydney,. and other
ports of our Australian colonic', for the convenience of the
adventurers at the "gold diggings." Not a vessel leaves
the port of London, Plymouth, Bristol, Liverpool, but
takes out &considerable amount of both gold and silver
specie, either by speculators who are proceeding to the
above colonies fur the purpose of making large purchases
of gold from the emigrants now working at the diggings,
or consigned by capitalists and bullion dealers to their
sgenta at Port Philip, Ito., for the same specific purpose.
It is with much difficulty that the bankers in the city and
west end can obtain silver currency to any amount either
at the Bank of England or the Royal Mint to accommodate
their correspondents in the different parts of the United
Kingdom with silver coinage. At Birmingham, Marches-
ter, Liverpool, and other large commercial town'', the de-
mand at the various banks for silver is so greet that they
are unable to supply parties with more than 1001. to
2001., u not only is a vast quantity being shipped off to
; Australia and ludia, but the demands for silver bullion and
specie for France, Belgium, Holland, llamburgh, and the
continent arc also very extensive. In consequence or this
immense call for silver, it appears that the authorities at
the Mint intend having a considerable amount immediately
coined into specie, and likewise a gold currency of half-sove-
reigns and sovereigns for the convenience of the emigrants,
who are placed in great difficulties front the want of a
small circulating medium in exchange for their gold.
CURIOUS HYBRID GROUSE.—The weather has been
so wet and stormy of late on the hills that the sport has
been a good deal interrupted. Still there is above an aver-
age quantity of game boxes daily arriving. The birds ore
in uncommonly good condition, weighing fully I.llb. Ono
of the most rema.kable " monstroaities" of the season line
been a hybrid between the grouse and caperceilzie, shot at
Athol. _ _

•
NORTH STAFFORDSHIRE RAlLWAT.—Traffic
re-
turn for railway and canal, for the week ending Sept. .1,
IRII2. 6,424:. (123 miles open.) Corresponding week, Mil,
a,lb.5Z. (112 miles °Pen.) Note.—The above is exclusive
of the receipts available under the agreement with the
London and North Wotan ltailway Company.