The Express.
London, England, 1852-12-07 00:00:00

Tte 4fl3rt

LONDON, TUESDAY EVENING, DECEMBER 7, 1852.

MINES.

.RAILWATS.

1". siiilAT 1•2111110.
1 nere hart %eett a good deal of business in the
miuing market to-day, and in some of the heavy
dividend stocks numerous transactions continuo to
take place. We hear inquiries for United Mines,
Trelawney, Wheal Golden, Tineroft, West Camden,
South Tamar, East Tamar, East Polgooth, West
Wheal Alfred, East Wheal George, West Treasury,
Kilbricken, Tavey Consols, Balmer:, Round Hill,
and Mendip Hills. The prices at which actual sales
have been concluded are thus reported by the
most respectable dialect; and brokers, but due
allowance must be made for the " margin,"
which in this market is very wide :—Wheal Buller,
800; United Mines, 740, 730 ; North Pool, 230,260;
Alfred Consols, 131, j ; Trelawney, 48, 50 ; Wheal
Seton, 200 ; West Providence, 56, 58 ; Tremayne.
33 Balnoon, 8,1, ; St. Day United, 21, 4 ; North
Hubert, 01 ; Lydford Consols, 1 ; Mendip Hills, 51 ;
West Treasury, 91, 4 ; West Ding bong, 01, 10 ;
Wheal Uny, 10; Kelbrieken, 51 ; Tavey Consols,
3,1 ; West Wheal Russell, 11 ; Cubert, 23 ;
Wheal Arthur, 30 • Trehane, 101% Wellington, 71;
Herodsfoot, 6 • last Polgooth, 2 • West Camden,
207 ; Tincroli 114, 11; Wiest Whsal Altseds
South Tamar, 51 ; East Tamar, 265. 6d. ; Lamhe-
root, 275. 6d., 308. ; Bedford United, 91 •, North
Wheal Trelawney, 51, a ; Great Wheal Baddern, 21;
Wheal Golden, 41,1 ; Linares, 35; Linares (pref.), 75.
There were again a good many transactions is the
gold mining shores, and although the operations of
buyers and sellers were to day more equally balanced,
there is still a manifest disposition on the part of the
public to invest in this description of property, which
es now considered, in a great majority of .ces, to
have advanced much nearer to a successful issue.
Prices were firm all round the market. Australian
Freehold were rather better.

THIS DAYS—Two
The few transactions that have offered in the rail-
way market to-day have consisted almost entirely of
sales, and, in the absence of investors, the market bus
worn a decidedly drooping appearance. The traffics
are expected to be unfavourable, but this is easily
accounted for by the prevalence of wet weather.
Norfolk stock is an exception, being higher. Gene-
rally the market is now rather steadier than at the
opening.
There has been a considerable fall in French
shares, from which prices have experienced only a
11 trifling rally up to the present hour.

LAMM .... 41 CI
Ne• '4'1.00. Li.. 4W. mine I *WV
plilaiday., te-day.
---
1,,,n0ii 1 Feta . . -..... an I 1,.
16,,+00 Ito. Oa& Dili •isetilaii........-.... ail I I ~14
10,0.' 10 an.alan - -
10,00 to anotea'ael ia..— I 64 44 . 6
1',0"0 to Atiotralma .. . - 5 64 44 414
let,oes I • moot/boa i;;;:it'aii
60,000 1 Australia, Dotalleta 4ll I 410 Far
5 •,1.0.0 1 Ate Maria .... .- . -..,., Bll 1 iOl pit
Mi., 4! 1 larltloh auetrallas (laid all I Ipa 14
10,000 17 17/11W Iran 13.14 1 4 7 4
1,400 5, &emit. 1.11,0..0 31'.110 lil 4 3
I',
5, 1. IX' Do. 0544iesan4 Wes au 1 3
ll.i ell 24 Do. r.'...ioliallol itil IS SDI 31
211., ,00 1 WWII'. l'ree 4 I 11141141 i
12,014 40 Oakes eopiret .- all os 44
100,003 4 Colonial tiol4 .........- I 21 21 ,n.I 11 4
... Coplapo .. II 7 74
90,000 £0 Clacaral
7e,0'0 5 Sag. A Australian tbpler all , 4 I di*
s ..104/ &ado, Mountwil. .
71,04 V Grand Dinky 01 Dadell
11.010 Greet Polavoth. u..l II , I oia 41
100,000 Liberty
10.1,000 Lake oatlelT.t
50.040 Lon.3/7,lter,O.Qta.C.Co. ail I I 41.1
100,000 Markpita ..- .-. .. . all 0 I p. 5 11
34,000 I tilooknailF/nthAmerlean 9 14 5
loryoo New Urasois
zoo,oeo 1 Neiman Moods
150,000 , Port ?hap 1 la l i tau 14 4
60,140 Quota Rock all I die 1 pia
10.00, 60 throw Iron
Ditto New
7,i00, IS Santiago de Cuba l4ll lii 121 114
01%640 1 'bulk Austral= al 4 4pall 6
6000 , 10 nn Ctok
43,174 ,14.1.41 United Maxima
Itgy.kt I I Wet tlf aroma all , 4 1 poi 11
IV, 00 1 Tabs ..».........---.- i. 1I ! 4 4 pia

BURSTING 9V A RESERVOIR -GREAT

DESTRUCTION OF PROPERTY.

A serious flood occurred ou Sunday near Bury,
in Lancashire, by the bursting of a reservoir, by which,
though happily no lives were mist, an immen-u amount of
property has bceu destroyed. About 3 mile* northeast Si
Bury, at the top of the vette), in which Elton is situate, are
the dye and bleach works of Mr. John Whitehead, called
the Lower Croft Works. They are a group of substantial
buildings, covering something more than an acre of ground,
perhaps, in a narrow gorge of the valley. Above it wore
two large reservoirs of water—the farina one about 500
yards beyond the works. It is called in the neighbourhood
a lodge of water, being an accumulation from three narrow
streams having their source on Cocken-moor, dammed up by
an immense embankment tluown across the valley, something
like that at Moluitirth, which burst end committed each
devastation nearly a year since. Tho embankment was
something wider here, but the depth of water was 90 feet
at Iloleafirth, whilst this at Elton was only 36 to 4b feet
deep. There was an immense body of water in the lodge,
however, and the heavy fall of rain during last week,
which was almost continuous during several days, had
alarmed the people throughout the neighbourhood. All
Saturday night the raia fell in torrents, and people were
on the embankment watching the accumulation of the
flood. About 7 o'clock on Sunday morning it was observed
that the bywa-h of the lodge no longer carried away the
surplus water, and presently the waves from the sedate
of the reservoir began to make a clear breech over the
centre of tl.e embarkment. The B+st effect was to wash
away the earth forming what is called the backing, which
supports the puddle wall in the centre of the embackment.
The alum was spread down the valley, and all property
hastily moveable sou carried away ; bat the manufactories
could not be made safe. About nine o'clock the puddle
wall, from which the backing had been washed, gave
way bodily. A chasm was made in the embank
mcnt thirty-six feet high by about forty, and the
pent-up water then rushed from its seat in an
immense volume. Thu first check it received was in the
second reservoir, but a great portion of the top water
swept completely over that, whilst the preserve of the rest
in a short time Must the right band side of the embank.
ment supporting the second lodge. In this way the flood
made two clean breaches through the group of buildings
forming Mr. Whitehead's bleach-works, and nude a com-
plete wreck of a large portion of the property. Several
other manufactories and buildings were injured before the
torrent subsided, and altogether, in private and public pro-
perty, it is estimated that the damage done will not be
much under 30,0001. to 3:•,0001.
It would be utterly impossible to convey an idea of the
wreck and ruin presented by the whole valley, property
having been floated down and left in the middle of fields,
reeds, and hedges, and lying in confused heaps everywhere.
It is a small picture of the Molmfirth inundation over
again, so far as the destruction of property was concerned,
but fortunately no village was on tile banks of the stream,
and no lives were lust. It was on a Sunday. when there
was no sue working in the mills, too, and that was a pro-
vidential circumstance.

NAVAL.
ADMIRALTY, DEC. B.—APPOINIVENTS.--SurgeOn
11. O'llayan, to Cri mgr. Clerk F. W. ti. Ponsooloy, to
Furiout. Muter F. B. ilenwuod, to [lido.

TRADE WIT!! FRANCE.—Yesterilay a parliamen-
tary return Ia issued, showing the exports and imports
to and from France in the last four years. The declared
value of British and Irish produce and manufactures
exported to France in 1848 was 1,026,621/.; in 1849,
1,951,2691 ; in 18;0, 2,401,9561.; and in 18i1, 2,028,4631.
The official value of the articles and of foreign and colonial
merchandise, in the four years, was, respectively,
2,391,6601. in 1844 • 4,159,248/. in 1819; 4,6.57,6701. in
1860; and 4,496,1941. in 1861. The imports from France
were of official Indus in 1948, 7,130,3911. ; in 1849,
8,177,0751.; 1860, 8,434,1931. ; and in 1811, 8,083,1121.
The import duties in the four years were, respectively,
1,822,1961., 2,248,4731., 2,8'20,7671., and 2,110,9681.

R 1
41 :I
131 13
101 101
71 71
79 90
07 69
79 41
39 32
40 41
94 $8
47 49
122 123
107 10i
941 $7
4g 71
44 40
111 12/ pso
/J 1 47
1:11 116 :1
124 1241
4 419 n
94
14
93411 4
24 489
41
19 192 4
21 33
32 1121
34 2 41,
80j 301
47 49
32. 14

-114 -if die
S 31
91 91
12 24
7 7
▪ fib
411 4t
E. 66 ttls
2 22
I Ws
4 3
• 91 411,
Se 4 P5l
1412 542
94 90
97 69
*7 69
77 ;9
11 4dl.
30 21
10 109
13 16
3 21 tit.
242 332
of U
40 41
14 19
4
ti
12 114
9 10
272 25
92 102

If 1 pat
6 731
764 Ilt
3 if „
61 63
:RD RINTAIAL

SO 31
3O
10 11

3 30

•
THE ORDNANCE ESTlMATE.—Yesterday the sup-
plementary estimate of the ordnance department was issued
amounting to 92,6481., of which 70,826 f. is for raising 2,000
non-commissioned officers and men for the !Loyal Artillery
and for the purchase of 1,000 horses as to pay, &c., of the
ordnance military corps; 6,133/. for the commissariat and
barrack supplies; 2,700 L as swages; and 14,000?. as ordnance
stores; making the total 92,1358!.

TIIR ELECTRIC TY.LEURAPII is new extended to
Lymington, in Bents, end arrangements will shi,rtly be
made by which the arrival of mail packets off the 1110 of
Wight will be instantaneously made known to the govern-
ment and packet authorities at Routhatopton.
ANTWERP AND 01IFIST RAILWAY.—The returns
on the above line, for the month of Nov. mher, were as
follows Passengers, 24,402 f.; luggage 4471. ; cater,
; merebandiae 16,2731.: to.aL 41,814.—being an M-
acao of 8,8561. on ill* corresponding period of last year.

101 11l

13 64

Hll 151
$5 3I
111 115
le4 574
25 U
13144 341444
le 1114
5 31

107 i 10Se
64 11

- - .•

1511 132
149 lbl
1 lal

sii ui
ion tog
suAsze.

107 109
104 146
19 194

I 4
4.p-
PP
II pp
11 li ic d
17. tsi

127 LWI ii

111 114

Mt Ili4
lir 16i WI

11l
at
7.1 i IN to

4 pa
11
1 i isi
h l
111 Ili
Ps
IMs pm
lor
ISO I'. to
i I rat
u ui
C. 4
11 I
101 104

25
811 SO i
40

1 21 11l II 11
Ipa
114 IS
llpm
i
II iii
Su 4P'
' 251 lei
111 10
I es i Pm
101 114
!Pm
N 111
i
lII.WAVS.
$

II

ICI 10

1; li

il
I au
9 91 pia
p9l 1
2 Si es
76 r pi
6
• IS pm
f Si Fe
I ot
is

I 5 II
IN i

I
IN i

w. :fret hero of Prance...
ao Dn. ref. 3 per el. Sown
for N. k Arnim, one.,
all Nem. glen ?ma Prefer.
I 4 Vain sa,l Lynn. .
e •ns and Orleans .
Para, sad ROWS
I ul ..tramoneff
4 r4114.01110.4.•04014142410
COI= mad Illeltaboad
Yuen wet .
nnonn...rtgl
4 Anodises et Trines_
Is. 'Upper bale Scrip
su warty v
Dn. Se per Oast 'Wm
Wev,relio .11 1....
2 Western of Serltrerisad

33 fl 4
IN 111

I 7 174 pa
67. t 9

iI6 -396
44
3 vs
II
1:6 12
—ZI
II 41

MONEY MARKET.

14i al 41

15j 344 ell

311 2i

MONDAY EVININO.
Impressed with a belief that the public debt of the
country will, for tho present at least, be left intact,
and that the surplus at the end of each financial
period will, owing to the extraordinary and in-
creasing prosperity of the country, be much larger
than the Chancellor of the Exchequer ventures to
anticipate, the public continue to invest in our home
government stocks, although in small parcels. The

Consols were only for a abort time quoted 10T1
to 1, the prevalent and closing quotation being
1014 to 1 for money and the 9th, and 1012
to 4 for the January account, the continua-
tion to which rules at 3-16 to 1. The official
business report includes :—Three per Cent. Console,
for money, 1014, },l; ditto for account, 1014, 1, 4.
Three per Cent. Redueed, 4. Three-and-a-
Quarter per Cents., 1034, 4. South Sea Three per
Cent. Annuities, 1751, 1001.
Exchequer Bills, both June and March, continue
quoted 69.. to 72e. premium,; but a small parcel of
the last-named issue was sold at 68s. premium.
India Bouds are steady at 80e. to 839. premium.
There is little business doing in the floating debt.
In the foreign bond market the features were a
further advance in Peruvian and a decline in Spanish.
Belgian Four-and-a-Half per Cents. were done at par.
The transactions were scattered over a variety ofatocks.
Bargains are marked as follows :—Austrian Five
per Cent. Scrip, 101, 91 premium. Brazilian Old
Five per Cents.,lo3 ; ditto Four-and-a-Half per Cents.,
1852, 98. Belgian Four-and-a-Half per Cents., 99,
100 (exchange, 23E) Dutch Two-and-a-Half per
Cents., 67, 1; ditto Four per Cent. Certificates, 984,
1. Granada Deferred Bonds, 131, 13. Mexican
Three per Cents., 241, 25. Peruvian Six per Cents.,
105, 1; ditto Deferred Three per Cents., 651, 66, 651,
664. Portuguese Converted Four per Cents., 384.
Russian Five per Cents., 119 Z, 1184. Spanish Old
Three per Cents., 51;, 1; ditto Now Deferred Three
per Cents., 241 4, ; ditto Passive (Converted), 54,
6. Swedish Mortgage Loan, 11
In the market tor miscellaneous shares to-day, the
chief movement was in Australian Bank shares, all
of which were in demand. Shares of the Bank of
Australasia were done in the early part of the day at
73, 75, and 76, out after the meeting, at which so
satisfactory a statement was made (for which refer-
ence may ho made to another column), a strong de-
mend set in fur the shares, and transactions were
effected as high as 85. The last sales in the English,
Scottish, and Australian Bank shares aro recorded in
the official list at 44 and 41; and in the London
Chartered Bank of Australia at 44, 1, and Z, but in
the afternoon these, as well as all other Australian
Bank shares, were better, although, owing to no
miscellaneous share list being published by authority
later than cue o'clock, no official prices are furnished.
The official list also records transactions in London
and Westminster Bank at 344 • Union Bank of
Australia, 621 (subsequently Called as high
as 65); Union Bank of Australia (21. 10s.
paid), 8; London Dock Stock, 1291 ; Australian
Agricultural, 90 ; General Screw Steam Shipping,
62, 51, 52, 334 ex new ; Netherlands Land Enclosure,
2s; Peninsular and Oriental Steam (201. paid), 32;
Royal Mail Steam, 791, 79; Van Diemen's Land
Company, 74. Shares of the Beziers and Graisseasac
Railway closed 1 to 11 prem.; Antwerp and Rotter-
dam, 1 to 4 prem. • Royal Swedish, 3.16 to 5-16
prem. ; Western itailway of Switzerland, 1
to II prem.•, French South Eastern, 1 to 11
prem.; Wimbledon and Croydon (which is now
officially quoted), 11 to 21 prem.; Staines and Wok-
ing, Ito prem.; Danish Zealand Railway, 14 to
11 prem.; Tynesiouth Docks, to 4 prem.; Hamil-
ton and Toronto Railway, 1 to 11 prem.; Lake
Constance and Basle Railway, 1 dui. to 1 prem.;
Lucca and Pistoja, die. to; prem. j• Great Western
and City Junction, Ito prem. • Bank of Asia, 4
to prom. ; Bank of' India, Australia, and China,
11 to 14 prem.; Orleans land Epernay Rail-
way, to 4 prem.; Chiriqui Road, Ito 1
prem.; National Patent Steam Fuel, 1 prem. We
understand the Committee of the Stock Exchange
have receded from their first determination, and have
ordered the shares of this last-named company to be
officially marked.
Shipments of bullion and specie from Belgium to
England have lately been taking place. The Ravens-
bourne has brought over from Antwerp 12,0001. in
bullion and 5-franc pieces.
The return of the National Bauk of Belgium, as
made up to the 30th November, shows the following
results (25f. for 11.):
Coin and bullion, £1,703,880 .... Decrease £27,320
Porttolio
Circulation
Current accounts' 1,813,464 .... Increase 97,360
The subanued calculations show the rate per cent.
per annum yielded by our government stocks at pre-
sent price.... To render the results strictly accurate,
the proportion of interest which may have accrued
since last dividend period should in each case be
taken into account. It should also be remembered
that the Three-and-a-Quarter per Cent. becomes a
Three per Cent. stock in 1854.

Int. per mot.
Price. per annum.
Thus per Cent. Consols
Three per Cent. Reduced IOOI 2 19 9
New Threcunds-Quarter ppcerr Ceuta
bank Stuck 1‘11•141 od caienlated at tae
rate e f ii per cent per muting 224
India Stock (die. 101 per sent, per
annum)
Exchequer Rills, Meath (int. lid. per
cest per der) TU. nm. 1 4 0
Annexed is a statement (extracted from the Liver-
pool Weekly Share Lint) showing the rates yielded
by ordinary railway stocks at present prices, the
calculation being based on the dividend paid for the
half-year ending the 30th of June:

I 6 11

Pros. Price. Railway. lot per out .per ennui.
128 London and North Western Stock LI 3 111
lief London and North Wratent Fifths 1 1 10
19 Liverpool, Crosby, mad Southport
97 Grout Wester. 4 2 5
11U Prouol taut Easter
... ... . . . 4 1 7

60 14141.6,1 °rest Women—lreland
11 Great B,nathern sod western—lre'ial ..... 1 bi
40
40 11411nbaugtNock sal GI now 1 0
Illiird
66 ood Carlisle
111 11346psolit. 'ad Benda I 4
431 -!Hiatt
01 =l6lO sal Trobalre bulk .. ..... .... __ 1 I
03 alphilb Women
elk ==.lroit
owl Dorby 0
s ,
13 Dom Olealmo.. ... 6l
21 Ma Illiatas ... 2
1: Lo Iliol rooloire1 71
0 i Mut liortboo•
114 11130131 al
1.1 C1ie1i:122=4"...." I 6
31 Tat awl Kolb =Mad
In using this table it mast be borne in mind
that the dividends for the second half of the year
are always larger than those fur the first half. Al-
lowance must also be made for the improving traffic.

THIS DAY.—Two O'CLOCK.
The English stock market has been scarcely so
strong to-day, but, with the exception of a moment
when Consols were offered at 101- for the account, the
price of that stock has been fairly supported
at yesterday's range of 103; to for
money and Thursday. The Three per Cents. Reduced
mark 1001 to t ; the Three-and•a-Quarter per Cents.,
103; to 104 ; Bank Stock, 222; Exchequer Bills, Ot3e.
to 71s. prem.
There has been only a small business in the foreign
funds. Peruvian stocks are looking up, and Turkish

[THREEPENCE.

scrip is also rather better, but Spanish bonds are
heavy. Peruvian Actives mark 105.1 ; Mexican,
241; Spanish Old Throes, 51; ; ditto Deferred, 24
to 24Z; Turkish Scrip, 2 prem.; Sardinian, 961 to 97
ex. div.; Granada Deferred,