The Express.
London, England, 1855-02-10 00:00:00

COMMERCIAL AND MARKETS.

TALLOW MARKET.-THIS DAY.

The market has declined to-day, the " Proclamation "
not being in acoordanee with the terms used in the Privy
Cont i:11 announcement of yesterday. Petersburg Y. C. on
the spot is gutted 675. ; Feb. and March. No. 6d.; March
and April, 675. ; April and May, 67a. to fid.
MARK= AVERAOII.—Town tallow, 58e. 9d. ; fat by ditto
3s. lid. ; yellow Russian, 395. 6d. ; melted stuff, 40s. Od.;
rough ditto, Ms. 6d.; tallow graves, 120.; good dregs, is.

SMITHFIELD HAY MARKET.-THIS DAY.
Mr. B. J. D4Till reports the supply short; trate without
alteration. Prime meadow hay, 70s. to 80s. ; superior, 84s,
to 955. ; inferior, Ms. to 605.; rows°, 60s. to 755.; clover.
993. to 1155.; second cut, SOL to 100 s. ; straw, 235. to 29e.

COVENT GARDEN MARKET.-THIS DAY.
The severil of the weather still causes vegetables to be
scarce, and high prices to be realised. Good pears are con.
fined to Ne Plus Meuris, Beane Rsr.ce, and Easter
Benne. Gravel fetch good prices. Seville Oranges
bring from 7s. to 12s. per 100 ; common sorts from
2. Sel. to 10.. per 100.. Chestnuts, from 10s. to 20s.
per bushel; Spanish Nuts, 141. to 20s. per bushel;
Barcelona, from 20.. to 245.; French Almonds, 245. per
bushel, 6fle. per cwt. ; Kent Cobs, 1805. per 100 lbs.; and
Brasil Nuts, 20.. per bushel. Cucumbers vary from ls. to
2.. each. Spaniels Onions fetch 2a. per doz. Carrots and
Turnips are dear. The trade for all kinds of Potatoes is
heavy, and pries are lower. Lettuc, a realise 91 to ls.
per score. Cut flowers eonsist of Passion flowers, Bignonia
veousta, Tulips, Heliotrope., Euphorbias, Poinsettiu, Ca-
mellias, Chine.. Primrose., Heaths, and Roses.

GRAND TRUNK RAELWAT Or CANADA.—TERifiE
for week ending Jos. 8, 1866, 2,9881 6s. 100.; do.,
1864, 1,6141. 3. 50d. Increase, 1866, 1,_3221. qi.
GREAT NORTH OP SCOTLAND RAILWAT.—TraftIE
for week ending Jan. 27, 1855, 8881. 14a. 71d. Line opened
for trifle, Sept. 12. 1864.
DENEIto9d KelLwAY.—Traffic for four weeks
eadies Dlo. 31, 1864, LOU. 91. 11d. Correspeadius period
lett, ear, 1,26.1.161. 7d.

At Paris to-day, the Three per Cent. Routes closed
to 1 per cent, lower than yesterday, but the Four-
and-a-Half per Cents. were a shade higher. At
Vienna the feeling of the market is a trifle firmer,
and at Frankfort, Austrian stock has recovered 1 per
cent. The other continental bourses remain quiet
and steady.
Console opened at 91/ to 1, receded to 91 to 4, had
advanced at the close of the house to 911 to t„ land
were subsequently quOted 911:exactly. For money
the closing quotation was 911 to 1. The official
lmsiness report is as follows :—Three per Cent. Con-
sols, for money, 901, 911; ditto, for account, Bth
March, 911, 4,
Ce L. Three per Cent. Reduced, 914, 1.
New Three per, nt5.,914, 1,4. Threvand a-Halt per
Cent. Exchequer; Beads, falling payable in 1869,
99/. Bank Stock, 213. India Bonds, 12s.
prem. Exchequer Bills remain quoted 6s. to 9s. prem.
Foreign stocks experienced scarcely the slightest
variation, very few transactions taking place.
Spanish stocks show more firmness. At 4
o'clock Russian Five per Cents. were quoted 100
to 102 ' • ditto Four-and-a-Half per Cents., 88 to 90.
Dutch Two-and-a-Half per Cents., 62 to 63; ditto
Four per Cent. Certificates, 92 to 94. Sardinian, 84
to 86. Peruvian Four-and-a-Half per Cents., 70 to
72. Mexican, 204 to 211. Spanish Deferred Three
per Cents., 171 to 18; and Turkish Bonds, 761 to 1.
Sales are recorded as follows : Brazilian Old Five
per Cents., 1001,. 101. Danish Three per Cents.,
1825, 84. Dutch Two-and-a Half per Cents., 621;
ditto, Four per Cent. Certificates, 93. Spanish
New Deferred Three per Cents., 17/, 18. Swedish
Four per Cent. Provincial Mortgage Loan, 864.
The foreign exchanges this afternoon presented
little variation from the rates of Tuesday. Bills on
Paris, however, were rather more offered, and ruled
at the somewhat higher quotation of 25.071 to 10
at short; and 25.321 to 35 at three months. On
Hamburg the ',correct rate was 13.51 to ; on
Amsterdam, 11.18; and on Frankfort, 1173 to 4.
In paper on Vienna and Trieste little was done,
and the quotation stood at 12.38 to 12.44.
There is still a demand for gold for exportation
to the continent, without any supply, and small
parcels continue to be taken from the Bank. The
specie brought in by the Solent will not be deliver-
able till Monday.
The corn market to-day was very quiet, at last
Monday's prices.
The sales of sugar to-day went off with much
spirit, and
.prices ruled fully 6d. per cwt. dearer.
The Emigration Commissioners will receive ten-
ders on the 15th inst. for the hire of ships to proceed
respectively to Adelaide and Sydney. These vessels
most be ready to receive passengers betweeen the
29th of March and the sth of April.
The Admiralty will receive tenders on the 13th
inst. for the conveyance of various stores to Gioraltar,
Corfu, Gambia, Simon's Bay, Trincomalee, Hong-
Kong, Melbourne, Accra Roads, Valparaiso, and
Malts.
Commercial letters from St. Petersburg, dated the
Ist inst., state that scarcely any business was going
forward in produce. The price of tallow was nomi-
nally quoted 114.101 for August delivery, and 116 on
the spot. The exchange on London stood at 361 d.
The announcement that a royal proclamation has
been ordered to be issued against holding inter-
vene with the Queen's enemies" excited some at-

tention to-day, and caused a rise in the tallow
market, as striking at the indirect trade hitherto
carried on with Russia. On this subject Messrs.
Smith and Charles express the following view :
In our circular of last Monday we said that from the
powerful government that was then is course of formation
vigorous measures might be expected. The first act of the
government is characterised by the quality of which we
spoke. At the Privy Council, held yesterday, " a pro-
clamation was ordered to be issued against holding inter
coarse with the Queen's enemies." The proclamation will,
ges doubt, appear in this evening's &melte, and be trans.
hired to the columns of the morning papers, to which we
beg leave to refer you. Meanwhile, suffice it to say that,
as as indication of the promptitude and decision with which
the Cabinet are resolved to act, this proceeding has given
the most, unbounded satisfaction, affording, as it does, evi-
dence that measures will be taken to bring the war to a
close by a speedy and honourable peace, or that recourse
will be had to that prohibitory system to which experience
has set its seal, and the departure from which last year has
led to such fatal results. To-day the announcement of the
proclamation to which we have referred brought forward
buyers. The trade, who are notoriously bare of stock,
bought freely, and parties who have been telling under the
impression that the overland trade would continue to be
tolerated (and have thereby greatly depreciated the value
of the tallow imported into this country, the average cost of
which is 675. per cwt.) attemptea to cover in their accounts.
The result is that our concluding prices are : Spot, new,
575. 6d.; old, 665. 6d.; Feb., 67e. ; March, 575. 6d.
In connexion with the royal proclamation prohi-
biting intercourse with the Queen's enemies, we are
informed that the court of the old established institu-
tion known as the Russia Company are to have an
interview with Lord Clarendon on Monday.
The following meetings are announced, viz.:—
Newmarket Railway Company, for the 28th inst. ;
Phenix Gas Company (adjourned), for the 28th
inst.; Irish Pest Company (adjourned), for the 14th
inst.; Metropolitan Railway Company, for the 24th
inst.; New Brunswick and Nova Scotia Land Com-
pany, for the Bth March ; Thames Haven Dock and
Railway Company, for the 28th inst.; and Clerical,
Medical and General Life Assurance Society, for the
Ist March.
The directors of the Irish Peat Company have
transmitted to the shareholders a report made by
Dr. Sullivan, after 22 days' working upon 775 tons
of peat, at the company's works at Bilberry, which
he estimates will cost 6s. 10d. per ton, including
labour, chemical re-agents, &c. The produce of one
ton of peat, in ammonia, naphtha, oils, and paraffine,
is estimated at 14s. 7d. These products, the directors
state, are sold in the manufacturing districts as
rapidly as they can be brought forward. It is further
observed:
In addition to the above, the directors request the atten-
tion of the shareholders to the farther advantage to be de-
rived from the manufacture of charcoal, the working of
which has proved so satisfactory, and of which sales have
been made at 425. per ton. The experiment in the smelting
of iron is so clear, that the practicability of this manufacture
may be considered as established, and the profit with which
it can be conducted by the appliance of the weds gases
without other fuel, needs no comment.
In the manufacture of the charcoal, the produce of
this article is stated to be all gain, the other products
more than paying for the cost of the turf and other
expenses. It is mentioned that an almost inex-
haustible quantity of ironstone can be obtained, cud a
considerable addition to the company's profits is
hoped for from this source.
Land shares to-day were quiet, at former prices.
The shares of the English, Scottish, and Australian
Chartered Bank and Oriental Bank met with more
inquiry. Crystal Palace shares were well supported
at 31 to 3Z. The General Screw Steam Shipping
Company's shares have been dealt in at 141, and
Peninsular and Oriental, old shares, at 64t.
The shares of the Ardennes Railway Company
have declined to par to prem.
A call of 21. is to be paid on the shares of the
Carmarthen and Cardigan Railway by the Ist
March.
A half-yearly dividend, at the rate of 7 per cent.
per annum, is to be payable on the shares of the
General Iron Screw Collier Company on the
15th inst.
The subjoined weekly summary of the produce
markets is extracted from the circular of Mears. W.
J. and IL Thompson :
A decidedly better tone has pramed in the eoleatsl l
markets this week. The public sales of sugar have gems(
with spirit, and prim pausily an 6d. have
g

Paris—Friday (this day)—(Closing prep) : Three
per Cent. Rentes for money, 67.76 ; for account, 67.70 ;
ditto Four-and-a-Half per Cents., for money, 95.76;
Bank shares, 2,970. The Three per Cents. have closed 1
to per cent. lower than yesterday, but the Four-and-a-
lias, per Cents. are a shade higher.
Vienna—Thursday (closing prices) : Austrian Five per
Cent. Metallics, 831; ditto Four-and-a-Hall per Cents., 725.
Bachange on London, 12.18. Gold, 31 per cent prem.;
silver, 27 per cent. preen. This bourse is slightly firmer.
Alsterdam—Thursday (closing prices) : Dutch Two-
and-a-Half per Cents., 617-16; ditto Four per Cents..
901 ; Spanish New Deferred Three per Cents.. 171;
the Cvupons, 4 9-16 per cent.; the Old Three per Cents.
Exterior, 55 16 16. Portuguese, 381. Austrian Five per
Cent. Metallic. 621. Mexican, 201. Russian Four-and-
a-Half per Cents., 871. GranadDeferred, 6 9-16. Equador,
3 1-18. This market is well supported.
Frankfort—Thursday: Spanish New Deferred Three per
, Cents., 171; ditto Old Three per Cents., 301; Austrian
perUrfa- Five Metallice, 641. Austrian mea. km raw
...Auper cent.
Hamburg—Thursday: Spanish New Deferred Three per
, Cents., 161; Mexican, 14; Spanish Old Three per Cents.,
29/ ; Russian Five per Cents , 931; Sardinian, 795. These
prices show no change.
Berlin—Thursday : Russian Five per Cents., 9EI ; ditto
Fcur-and•a-Half per Cents., 85$ offered. Exchange on
London, G 141. Russian stocks remain quiet.
The return of the Bank of England for the week
ending Saturday, Feb 3, when compared with the
previous return, shows the following results :
Circulation issue
Circulation active 19,826,195 Increase 43,220
Public deposits: 3,740,512 Increase 842,958
Other deposits
Geverrunent securities in
banking department 11,638,652 Increase 10,000
Other securities in banking
department
Coin and bullion in both
departments
Seven day and ether bills 958,820 Decrease 44,720
The Rest I 3,266,198 Decrease 2,118
The Reserve (viz., notes
and coin in banking
department)
The subjoined exhibits the extent of the week's
variations at one view :
Public depesits
Other deposits decrease.. £114,631
Notes and bills in circulation

deamsee..
fist decrease..

On the other side of the account :
Government securities increase..
Other securities

--
coin sadbullion increase ..

1,600
2,118

10,000
269,866
444,944

Total

The changes here indicated are of a satisfactory
character, especially the large increase in the private
deposits and bullion. The large augmentation in
the last named item is chiefly due to the purchase
by the Bank of the gold brought in by the steamer
Calcutta from Australia. The position of the item of
"other "securities argues a fair demand for money.

DANE OF ENGLAND.—Accoenr for the week ending Feb. 3.1806
mere DI tiIITMUIT.
Heim tonne ..........4,.0924.83 Government Debt £31,015,140
Other Seeurittee 2,964.900
Gold Oein end &Mow 12,092,546
@Um bullion —

A143,092,t06 1 &MOANS
11•12110 DOPAIIIIIIOI.
eroptletars' Ospl %al . A14.653.( 00 GOTtlia3aeat Seeculites
um 3.180.198 finciud. Dead Weight
rutlte Depositolinclud Annuity) /11,638,652
loubsp.. ti.ir. I:anke. Other &sanitise 14.6t40.176
Conto.bi. of 1: llamas] Notes
NM. nr,ol, 10!. Ac 014.1 3.740.512 Gold and tUm Oda
Nair Depoalto . . 10.6A727
8.. tu-oay and otaribills 968.0201

Feb. 8. 1&5.

=2.261
MARSHALL. Chid

LONDON COURSE OF EXCHANGE.-FSB. 9.
Bills and M. Idcney.
Time. Prices u negotiated this dept
Amsterdam ....per ff 3 Months 11R. 1715tv.... 1111 lestv.
Ditto
Rotterdam
Antwerp „ „ 35ft. 22r..... 511 fr. 250.
Brumes
_... 251 r. 230.
Hamburg and Altana . . 13mee. 9 sal. 131noe• if Igh•
Bt.Psteraborg Pei ruble ' 3.5 f ... Nom.
Pads per E Short 251 r. 024 e. ... 25fr. 01/o.
Ditto „ 3 Months 25fr. 200. ... 25fr. 31 o.
Marseilles
Frankfort-ori-the-Mas per £lO. 1112. kr. ... linfl. kr.
Vienna (effective) per E „ 1211. 95kr. ... 1211. 45kr.
Trie.te .• „ 122. 3Skr. ... 122. 45kr.
Madrid
Cadiz
Bilbao se ,s 60 pence ... 49 pease
Bateslona
.. i, ?.31‘ pesos ... 50 peace
49
SOU,
__.

Oliartar
" 50" isms
50 penes
Wawa " bit. We.
" re
Genoa " " 251 r. 1100.
KaPio per ducat " 44 penes
Poise's* pat ounce " 1304 penes
Mambo " 1 ikei pews
milrettßl days data pesos
„ „ 531 pews
60 days sight 4S{ penes

A Pews
penes
• .40n. eso.
• 15Ir. 55c.
• 43i penes
13e pence
▪ ISO}i peace
681 penes
• 53i pence
48 pence

Oporto ...
Now York

THIS DAY—Two o'CLoca.

The English stock market to-day opened with an
improving tendency, but has since become flatter.
Prices are now quoted 1 per cent. lower than they
stood at 4 o'clock yesterday. Consols for the Bth
March have ranged between 91i and 911, and are
now quoted 911, "sellers." For money transactions
are recorded at 91 to 911, and the present quota-
tion is 91 to 1. The Three per Cents. Reduced
have been dealt in at 911 to 1; the New Three
per Cents., at 911 to 92 ; the Five per Cent. Anus.,
at 118; India Stock, at 221; Bank Stock, at 213;
Exchequer Bills, at 6s. to 9s. prem.; Exchequer
Bonds, 1859, at 991; and India Bonds, at 13.
prem.
In the foreign stock market the only sales recorded
are in Turkish Bonds at 76; Dutch Two-and-a-Half
per Cents., at 621; Russian Five per Cents., at :100 ;
and Buenos Ayrean, at 51. Mexican is now quoted
201 to 211; Spanish Deferred Three per Cents., 171
to 181; Russian Five per Cents., 100 to 102; and
Turkish Bonds, 74 to 1.

FRIDAY EVENINO.
Little business has been done to-day in the British
mining stock market, which is generally flat.
The gold mining shares remain very dull. The
Mariquita Mining Company's shares were flatter.
At a meeting of adventurers in Wheal Basset, held
lon the 6th inst., the accounts showed a balance of
6,5621. 10s. Bd. in favour of the mine. A dividend
(the 71st) of 201. per share (5,1201.) was declared, and
the balance, 1,1731., including the South Mine, carried
to the credit of the next account.
At a hi-monthly meeting of adventurers in Wheal
'Jnity, held to day, the accounts were audited and
passed, and showed a balance against the mine of
1,0161. A call of ss. per share was made, payable
forthwith.
At Great Wheal Alfred a call of 11. ss. 9d. per share
was made on Wednesday.

THIS DAY.—Two o'CLocir.

There is no movement in the gold mining sharer
Ague Fria shares are quoted to 1; Nouveau
Monde, Ito 1 ; Colonial Gold, 1 to 1; and Great
Nugget Vein, 3to I—all per share.
Australian Agricultural shares are quoted 30 to
31 ex div. ; Peel River, 21 to 2; ; North British
Australasian, a to 1; and Scottish Australian Inver
meat, Ito prem.
Other mining and land stocks remain quiet.

I

.41