The Express.
London, England, 1852-09-14 00:00:00

MONDAY EVENING.
The Coneol market to-day was again a shade
firmer, although business in this department is
almost at a stand-still. The price ruled during the
greater part of the day at 100 tot for money, and
100/ to for the 13th Ootober, being a slight im-
provement, but in the afternoon the market went
back to Saturday's range of 994 to 100, and 100 to 1.
for time. In the other English stocks there was not
even a solitary transaction.
The unfunded securities remain at former rates.
The March Exchequer Bills are worth 725. to 735.
pram.; ditto June, 4375. to 70s. prem. India Bonds,
Ike. to 87s. prem.
In the foreign house prices were firm, but there was
tie especial movement in any security except Turkish,
k which there were again largo transactions. Tho
pries reached 11 prem., but went rather weaker
towards the close, and finally left off at 10 prom.,
rather buyers. Austrian Old Five per Cent. Bonds
were done at the improved range of 83 to 841, owing
to the Ell in the Exchanges. The list of bargains
=Austrian Five per Cent. Scrip, 64 prem.;
Old Five per Cent. Bonds, 83, 841, 83},1
fixed at 1011. per IL); I)utch Two-and-a-
galithalliitauseit.,4):4&a:
Cent., 251, Bonds,.
aa
Reties', 1044, 1051; ditto- Deferred Three per Cent.,
Ns Portuguese Converted Four per Cent., 381, 391;
Itamisa Four-and-a-Half per Cont., 1041; Sardinian
The par Cent., 931, 96, 931 ; Spanish Old Three per
Qat., 491, 50; ditto New Deferred Three per Cont.,
234, 1, ; ditto Committee's Certificates, 21 per cent.;
'Darkish Six per Cent. Loan, 101, 11, 104, 1,4, 4,
prrin.
Monday next has been appointed settling day in
the Stock Exchange for the scrip of the Turkish
bee.
no miscellaneous transactions include: London
Chartered Bank of Australia, 44, 1 (21. 10s. paid);
London and County Bank, 244, 4; London and
Westminster Bank, 331; Crystal Palace, 31. The
current quotations of new undertakings are as fol-
lows:—Victoria Docks, 41 to 44 prem.; Ebro Canal,
Ito prem.; French Crystal Palace, Ito / prem. ;
Bordeaux and Cette Railway, 11 to la prem. ;
Beziere and Oraissessae Railway, to 1 prem. ;
North of Europa Steam, 1 to prem.; Upper India
Railway, Ito prem.; Netherlands Land Enclo-
sure, 1 to ? prem. ; Fair-head Harbour, 1-16 to 3-16
prem. ; Cliinqui Road, 1-16 to 3-16 prem.; English,
Scottish, and Australian Bank. 14 to 14 prem. ; Con-
tinental Submarine Telegraph, 1-16 to 3-16 prem.;
Irish Submarine Telegraph, 1-16 to 340 prem.
A notice has been issued from the Spanish lega-
tion in London drawing the attention of English
capitalists to a public bidding for the concession of a
branch railway from Alcazar de San Juan to Ciudad
Real. For particulars of the guarantees and privi-
leges offered by the Spanish government reference is
made to the legation.
The Sarah Sands screw steamer is fixed to lam
Liverpool on the 18th and Queenstown on the 21st,
carrying her Majesty's mails for Australia. She will
await the arrival of the morning mails leaving Lon-
don on the 20th, so that letters posted on the evening
of the 19th or for the morning despatch on the 20th
(say at a quarter to 8 a.m.) will be In time. Although
not having a character for speed, the sea qualities et
this vessel and her economical oassuaptica et coal
will form a great advantage on this kag mega It
appears that the mails are conveyed on the same
terms as those taken out by the Great Britain and
Cleopatra.
Much interest has been felt in the appearance in
the market of the Upper India Railway Company,
as there is now every probability that the construc-
tion of this important line, so long delayed, will be
carried out. Upon reference to maps of India, with
the progress of the railways marked, it will be seen
that the East Indian Railway Company are now
engaged in the construction of a line commencing at
Howra, upon the Hooghly, opposite to Calcutta, and
running to Rsjmaha/, on the Ganges, where the
whole of the trade of that river is concentrated. By
this line the very circuitous, tedious, and dangerous
water communication between Calcutta and the
centre of the Ganges trade will be avoided, and the
products and entire traffic of the North Western
provinces transferred with facility and at a great re-
duction in freight, insurance, and other
charges, to the great shipping port of India.
Along the Ganges to Allahad, there is
water communication of a fair character,

adapted for steamers and river craft, but at this city,
when takes place the junction of the Ganlne!
hm i, deep water ceases, and the transit reo
Miles& and expensive. Here it ia proposed the
line of the Upper India Railway shall commence,
the first section nuir.ing to Cawnpore, the great
military station, from whims the line will be oz.
Isemled, in subsequent endows, to Furrockabed.
Isla,seDelhi, Lahore, and the Indus. By the Wa-
nt of this Ilse of ammunicatios, we shone
ham the natural, quickest, and cheapest route to the
whale et our narth-weeters Indian provinces, the
preemie of which would find their way to Calcutta
at an enemene eavieg of expanse. From the sur-
veys adl examinations that have been made
by govememeallsielemed others, it appears that the
low Minim Iyiat bstweea the usages and
hem, over width the line would be carried,
penile extrionielep facilities for the ecaltraction
railway. Wood it would be diie.Jt to me
mere bided lm this subject than that con-
tained In the adireseed to Governor General
the Marquis of by Major J. P. Bmasdy,
formerly director of the railway department, to the
bean government. who remarks as follows :
Between Allehoked isle DIM awe is so
ensiles et MEM, elplefiros beautiful EVltig
Osaka tor ammo' ladedwan Me la th• dirasika of Os
Mae is the Daub, bawl's. the rims 0 sat am%
with its amerses osasisraisl towns,bytes otos
ow
thank* dim/let he denterSeep
ibex wale hieind inside. ibe smell ; isus in&
Ow Am tau Alf =MIS% iss end imitt4a
lbws tom g Impolimeat, ilig SWIM every
saga dispinatsr• ia sellway eseceemisa.
lb hem idea ot the encemseetenee mestantly
e them, mesa map noefel
n lreiribbi:
it along dom
Tarim government and other
Mu that have be.. published. The total value of
the imparts and exports et Calcutta by sea for the
year IM-6 amenated to mem than 18,000,0001.
sterling, and the inland trade between Calcutta and
the north-western provinces in the same year ex-
seeded 2,226,000 tons. Since these dates an man
mom increase has taken place both in the pawner
and goods traffic, although the official retinae of the
India Howe do not appear to have been thrown into
a tangible shape. The total traffic on the Ganges
and Jams, as taken at Allahabad bridge of boob,
AN* 23 days of the month of April, 1841, Mona& d
to 21,310 tons, although in this mouth the traMe is
by no means at its maximum. As regards the
difference in the cost of the conveyance of goods by
ordinary Indian land carriage and that by railway,
ea interesting comparison is afforded. According to
the Matement of a Delhi journal, the average east by
hood carriage is 30 rupees per ton per 100 mike. By
railway, at the ordinary rate of 2.88 d. per ton per
mile, at the average velocity, the cad would be 13
miss IF ton per 100 miles ; showing an actual
wimp, in the mere cost of conveyance, of 130 per
cent., besides the other great advantages attendant
on increased speed. The stimulus that would he
given to the production of cotton and other simples
lby the formation of a line of this description, would
be immense, and thus the project cannot tell to be
regarded with great favour by oar menu-
facturing interests. The line would inter-
sect great cotton-growing districts, from the
produce of which we are at present, comparatively
speaking, shut out. Of the mode in which cotton
is brought into Mirsapore, we have the following
description :—" The cotton is brought on oxen, car-
rying 160Ibs. each, at the extreme rate, in fair wea-
ther, of seven mike a day for a continuance, and at
a pros of about se. for each hundred miles. If we
take the average distance to Mirrapore at 500 miles,
etch pound of cotton costs in transit above two-pence