The Express.
London, England, 1852-09-01 00:00:00

FOREIGN EXI

tor Amount.
rash ,am SI. roe
1:4141414 tliettest. Lowed. Clain.
Sper Omen
4dper dual lO4 II 103 5 101.4 104 7e 114 73
4per Ora.
Ice Caste —
I pee Oast% New Lean ...
ladiango an laadon • is niT 110 dayi.:ls
imig:1111 WRING 103 Sle4 Naples Mena . IN 30 lksau.
632 lama ifflarCists ...
Do. I Da UN 674
171adeant I p.Ot. 177 Twos, Dods
...
Do. S. 1171 psi soakroe...
Peals Ave 31.-13t. Gems* 1,112 50; Versailles
Woe Irk), • alp 12•14,111 IP ; Paris and Odom, 1,410 ;
Pada and Roar. 6701 Dim w
hales,
Num 370 ; Ilarealllatad At*.
non, 460 75; flanobourg and Rale 1N11; Northers. 01111; NO.
and rltmbeasig, NI U. P. and Lyme, 771 13; Lyon and £46-
son, ta• ; Ilanlaraan and Trunk 33750 ; Onset, • Dieppe and
latatap. MU; Para and name, 13i II; nonlegal sad Tote.
11001”11140 2a aOm 530.Ce110s —; 0221N1 Conte, 1,3110 ; Blum et
,
IL moue
' MADRID, AVOINT 25.—Three per Cents., 451;
after Boise, 451. Throe per Cents. Deferred,
22 13-16 c.; after Boles, 22 15-16 c. Debt (Ist clan);
12 546 c. ; after Bolas, 12 5-16 c.; ditto (2nd class),
6/ c.• after Bohr, s!c. Bank of Bt Ferdinand,lo4 c.
Exchange on London, 50.25.
VIENNA, AUG. 30.—Five per Cent. hlgtallies,
96i ; New Loan (series A), 963 ; ditto (B), 1121;
Bank Shares, 1,348. Exchange on London, 11.59.

EMIGRATION PROM BRISTOL.—The ship Velore
has left this port for Melbourne, freighted with a large
number of pioresigen and cargo for the all-absorbing gold
diggings. The passengers numbered nearly 300, and their
departure occasioned quite a stir in the city. Thousands of
persons of all grades crowded down to the Cumberland
basin to see her start, a steam tug towing her down the
river Avon. She palmed along amid the cheers of the as-
sembled spectAtore, of whom there were 7,000 or 8,000
present. Emigration is taking place to a largo extent from
Bristol, and an effort is being made by the authorities to
obtain the sanction of government to its being made a port
for the departure of government emigrants, on the ground
that it is most centrally situated for South Wales and the
west of England.

The settlement of the account in railway shares
and foreign stocks was finally completed to-day. A
little difficulty had been apprehended owing to the
large business and extent of the fluctuation in rail-
way shares, but the settlement has passed off with
remarkable quietude.
Following quickly upon the St. Domingo loan,
which is now generally considered defunct, we have
to day the announcement of the issue of a loan on
account of another state, which, as yet, has not
figured in our foreign stock list. A loan of
2,000,0001. is to be raised, according to
the official announcement, for the Bank of
Constantinople, upon which the Ottoman govern
ment guarantees 8 per cent. interest by a Or-
man dated the 10th June, 1852. The loan is of
course for the government of the Sublime Porte, but
as yet we are ignorant tf It be deetimed for the carry-
ing out of any project of public improvement or
utility, or whether it be merely to cover a deficit in
the ordinary revenue. The bonds are to bear interest
from the Ist October, 1832, and 1,200,0001. is stated
tobe already subscribed for in Paris, the remaining
800,0001. being reserved for London. The dividends
are to be payable in Paris and London
on the let of October and Ist of April. The bonds
will be of 1,000 francs (40L) each, reimbursable by
half-yearly drawings with 20 per cent. premium; so
'that in 23 years the whole of the loan is to be re-
deemed. The first deposit is to be 25 per cent., and
three other payments of similar amount are to be
made on the Ist November, 18,52, and the Ist
January and let March, 1853, respectively. The
bankers to the loan in Paris are the Mews. Beehet
de Thomas and Co., and the agents in London
Messrs. C. Devaux and Co. In regard to a project
of this kind it is usual to examine the revenue and
expenditure accounts of the state which demands
money in this market, bat in the pre-
sent instance we have no such facility, as the finances
of Turkey are shrouded in mystery. This is an im-
portant point for subscribers to consider. It becomes
essential at the same time to draw attention to a
feature in the schema which is evidently intended as
the main inducement to subscribe. This is the
drawing of the bonds to be paid off at 20 per cent.
premium. It is not often that a project of an ex-
actly similar nature comes before us, but it really
appears doubtful if the scheme does not come within
the provisions of the law for the prevention of foreign
lotteries, as the bonds are to be drawn and redeemed
at a premium of one-fifth. This is a question that
may, perhaps, call for further examination. At the
same time, should the project be carried forward,
there is great probability of its being carried to a
premium, as it will suit the taste of many of the fo-
reign speculators, and the estimation placed upon it
by them will necessarily have an influence upon its
value In the London market.

By to-day's advice' the St. Vincent has arrived off
the coast from Sydney, but her dates are old, and the
amount of gold on board is only 1,462 ounces.
The Overland Mail, however, by way of Bombay,
has brought us Sydney dates to the beginning of
June, which will be found in another column. The
news relative to the gold mines will be found under
its proper heading.
By the City of Glasgow, which has just arrived at
Liverpool from Philadelphia, 60,000 dole. in specie
have been received.
Shareholders of the Lyons and Avignon Railway
are notified that a call of 21. per share will be due
from the let to the 15th October next.
•

Loud complaints have on various occasions reached
us relative to the unfair partiality exhibited in the
allotment of shares in the new undertakings that
have lately been submitted to public attention, and
on reference to our columns and those of our contem-
poraries it will be man that the influence of the press
has been repeatedly appealed to to mitigate the evil.
There are instances within our own knowledge in
which advertising for subscribers has been merely
a farce, as the direction in which the shares, and
consequently the premiums, would go was well
known long prior to the formality being gone
through of soliciting subscribers. Probably the only
remedy for the evil is to be found in giving publicity
to flagrant casts. In the case of the London
Chartered Bank of Australia, complaints have been
more numerous than usual, and we therefore give in-
sertion to the inclosed, premising that it comes from
a mercantile firm of high respectability :

THE LONDON CHARTERED BANK OF AUS-
TRALIA.
TO TITS EDITOR OT Tilt DAILV
Sir,—Not having had an opportunity of seeing whether
any comment has been wade upon the distribution of the
shares of the above company, I beg to be allowed to observe
that they appear to have been distributed in a very partial
and unfair manner towards those most interested, and mast
unwisely towards the future welfare of the concern itself.
Shares have been given to individuals unconnected a ith the
colonies, and with business of any kind, while colonial
merchants, the very mainspring of its future operations and
success, are refused. So much for a directory of high-
sounding names.—Your obedient servant,
A COLONIAL MERCHANT.

The meeting of the British Electric Telegraph
Company WWI held to-day, to receive the report of
the directors as to the progress of tho company's

Two o'CLoca.
Consols opened a shade flatter to-day, at 99,1 to
100 both for money and the account, but have since
advanced to yesterday's quotation of 100 to 1, at
which the market appears steady. Business in
every department of the house is quiet. The Three
per Cents. Reduced mark 1001 toil,. The New Three
and-a-Quarter per Cents., 1041 to a. South Sea
Stock, iloa ; ditto Old Annuities, 991. The March
Exchequer BilLs are la. lower, at 735. to 765. prem.
In the foreign dcloirtaviazi Deferred b..ve
risen to 00r; and Mexican'Boods to 26. Peruvian
Actives have realised 1021. Other stocks present
no essential alteration. Granada Deferred mark 121
to 1; Portuguese Fours, 371; Spanish New Deferred
Threes, 221 to 1 ; ditto Passive, 6; Venezuelan
Actives, 43/ ; Dutch Fours, 991 to 1.