The Express.
London, England, 1862-04-26 00:00:00

MINES-(THIS DAY.)

Two o'OLoox.

There is a fair demand for mining shares to-
day, at steady prices. East Caradon are
quoted 381 to 39, ex div. ; Marke Valley,
101 to ; Great Wheal Fortune, 241 to ; Wheal
Ludoott, 51 to tl ; Roaewall Hill and Ransome, 311 to
; and South Caradon, 332/ to 3371. In the Stock
Exchange East Caradon shares are officially marked
381 and 381, ex div.
S. t. John del Rey Mining shares are more offered,
and are marked 53 and 521 Great Northern
Copper are rather flat.
The subjoined weekly summary of the metal
market is extracted from the circular of Messrs.
von Dadelazen and North :

The Easter holidays have somewhat interfered with the
regular course of business, but independent of these, the
metal market has not shown any signs of reanimation.
Welsh bars are in fair but moderate demand at about 51.
per ton f.o.b. Wales from 51. 17s. 6d. to 6/. f.o.b. here.
The better qualities of Staffordshire iron have somewhat
I improved, but inferior breads mil at very low prices. A
' large business has been done in Scotch pig iron ; after ad-
vancing to 535. cash, the price has again given way to
52a. Bd. Copper.—The last Indian advice* are somewhat
better for ibis article, but shipping orders are below present
prices. We quote manufactured from 10id. to 101 d. •
tough cake end ingot, 94 to 95. Burrs has been
sold *A low as 941. 10e., but it is now held
for 95/. ; Karin& nomioally 971. ; Chili, 871. to MI. in
Liverpoo. Tin.—English wanofilcially reduced on the 21st
inst. 31. per ton, both for refined and common. Foreign,
although it has not goes down quite to the IMO extent, to
very flat. Straits can he had at 1141.. and we did hear of
1131. being accepted for an export order ; buyers are still
very cautious. Bams being bald for 1241., effectually pre-
vents any business. The Dutch market ufiat at 720.
sullen. Tin plateaare very dull of sale ; prices from New
York come very low, which will prevent any export of mag-
nitude. Lead as dull, without change in value. Spelter
has hese quiet but firm ,• holders ask 181,10 s. for parcels on
the spot here ; a limited business dome at 181. 7s. 6d. Some
favourite brands in Hull have d cbanre, hands at 181. 10s.,
at which we close sellers ; buyers Is. lees ; W.H., 191.

MARGATE.—Tae N=ee RAILW AY. —lt has been
decided that the direct line in proems of execution from
Herne Ray shall, in its course to Broadstain and Ramsgate,
credo the South•Easteni line between Marlette station and
Tivoli bridge, at an elevation of 16ft. above the present
line; and we understand that, although no site has yet
been adopted for the erection of the new station, the pro-
per' that it should be made at or near Vicarage-Ors
meets with most favour by those officially concerned. The
new line will cross the Garlinge•rvad close by the north
aide of the company's temporary stables, now being erected
Dear Rankhern, and pre between Garlinge and the sea
coask—Dover Chroneefe.
TWIN RECEIPTS. —The traffic returns of rail-
ways in the United Kingdom, published for the week ending
April 19, amounted on 10,145 tails' to 518,41441., sod for the
corresponding week of 1861 on 9,911 mire to 520,9851., show.
Mg an increase of 7.34 miles, sod a decrease of 2,6011. in the
receipts. The poss. receipts on 14 of the principal
railways in the United Kingdum amounted for the
week on 6,618 miles to 402,234/., and for the
corresponding week of last year on 6,458 miles
to 402,4891., showing an increase in the
.mileage
of 160 miles, and a decreer of 2551. In the
receipts. The decrease on the Caledonian Railway
amounted to 2881.; on the Great Northern to 6451.; as
the Great Southern and Western to 1781.; on the Lea.
cashire and Yorkshire to 2,5951. ; on 1110 London and
North Western to 1,9091. ; on the Manchester, Sheffield, end
Lipoohishire to 1,6331.; on the Midland to 8401. ; on
the North British to 4531. ; and on the North-Pastern
to 2,335L—t0ta1, 10,8761. But from this must be deducted
2031. increase on the Eastern Counties ; 8471. on the Great
Wastore • 4.837/. on the London sad Brighton; 2,5601.
on the London and South Western ; aid 2,1741. on the
South Beaten ; together, 10,621/. ; leaving the decrease es
above, 2551. The receipts on 66 other lines in the United
Kingdom amounted, on 3,527 miles, to 116,250/. ; and for
the corresponding week of hat year, on 3,453 miles,
to 118,49b1., showing en inn ems of 74 miles sod a
demean of 2,246 in the receipts. The goods
traffic on the 14 lines aboreineutioned amounted
for the week to 200,5671. Vet 220,207, show-
ing a decrease of 19,6401. passengers, par-
eels, mails, ku, traffic on these liar amounted
to 201,6671., against 182,2821. for the ocemimpood-
ing perioil of 1861, showing en immense in the passenger
traffic of 19,3851. Thoseflpires show a large falling off ht
the goods traffic, which is attributable to the wend de-
of Inds. while there is nearly as gnat an Menses
rpililon ger traffic as than is a demean in the goods Mafia,
is reasequeoce of its bible Easter week. The total receipts
of the par week show an increase of 23,M& as empanel
with three et the preceding meek midis the lath Mel.

MONEY RABIET.-(THIS DAL)

Two o'CLoci.

A fresh decline of i per cent. has taken place
to-day in the funds, owing to the approach of the
Russian loan. The other markets are
very dull, and in several instances prices
have given way a little. Belgian railway shares,
however, continue in request, and are still rising.
Preparations have commenced to-day for the
fortnightly settlement in shares and foreign
stocks.

At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rental opened at
70fr. 35c., showing no change.
The scrip of tho new Turkish Loan remains
quoted 1 to 1 prem., and that of the Egyptian
Loan, 1 to if prem.

Consols are officially marked 931 and 1 for money,
and 931 for the account. The present quota-
tion is 931 to both for cash and the Bth of May.
The official business report is as follows :—Three
per Cents. Reduoed, 92, 1 ; New Three per
Cents., 92, 1; Thirty Years' Annuities, 1885,
15 3-16 ; India Five per Cent. Stock, 1081,
; ditto Four per Cent. Debentures,
1863, 1001 ; ditto 1864,1001, 1; Five per Cent. "en-
faced " rupee paper, 1031; ditto Five-and-a-Hal!
per Cent., 1061 ; Exchequer Bills, 205., 17s. prem.
The foreign stock market remains quiet, and the
tendency of prices is unfavourable. Mexican
Bonds are marked 311, being rather more
offered. Venezuela are heavy. Turkish are
quoted the same as yesterday—tbe Loan of 1854
at 801 to 1, and that of 1868 at 70 to
1. Sales are recorded as follows :—Brazilian.
Five per Cents., 1839 and 1869, 991 ex div. ;
Dutch Four per Cent. Certificates, 991 ex div, ;
Italian Five per Cents., 671,168 (exchange 25fr.) ;
ditto Five per Cents. (Maremmana Railway) Scrip,
21 dis. ; Mexican Three per Cents., 311 ;
Moorish Five per Cents., 91 ; Spanish
Three per Cents., 631; ditto Passive, 191, 19 ; the
Committee's Certificates, 81,1 ; Turkish Six per
Cents, 1868, 70, ; ditto Guaranteed Four per
Cents., 103 ; Venezuela Three per Cents., 231,1.

Haur-rear Two ()Twat.
Consols are still quoted 931 to f, both for money
and the account.

The agents for the new Russian Loan have noti.
fled that it is to be for the enormous sum of
15,000,00 W. in a five per cent. stock at 94, with
allowances equivalent to or 2 per cent Of
course, in this matter, Messrs. Rothschild are
merely agents. The public have too good an
opinion of their shrewdness to imagine that the
loan is taken otherwise than on commission. If it
be true, as is rumoured, that advances to the ex-
tent of a couple of millions or more have already
been made to the Russian government, the pertina-
[ city with which the negotiation is pushed
forward becomes more intelligible. It is
sought to bo shown that five millions
out of the fifteen are already " placed ;"
but an assurance of this kind is worth nothing
unless it means—what is in the highest degree im-
probable—that the parties with whom the five
millions are " placed" will not put their stock
on the market whenever they may deem fit
to do so. It is said that the loan will be
launched in • day or two. Meanwhile it may
be useful to keep the fact on record, in face of an,
issue of stock to 6o monstrous an amount, that all
the existing loans of Russia are at a discount.
The Five per Cents. have fallen 2 per
cent. since the project assumed a tangible
shape : the present price is 97 to 98, but
affords little real guidance, the market for Russian
stocks being of • very contracted nature. The ra-
pidity with which Russia has created new securities
of late years affords the best proof of her great
though veiled embarrassments, and should induce
the utmost caution on the part of investors in this
country.

The amount of gold taken to the Bank yesterday
was 87,0001.
In the foreign exchanges yesterday afternoon the
only alteration was a further movement in the St.
Petersburg exchange in favour of Russia, cone.-
quent upon the loan negotiation. The rates were
as follow :

Amsterdam, 3 months, 11.18 to j ; ditto, 3 days,
1116 to a ; Rotterdam, 3 months, 11.18] to a ;
Antwerp, 3 months, 25.47 j to 52a ; liainburg, ma. banes,
three months, 13.8 to a ; Pam, 3 days, 25.22 a to 30; ditto,
3 months, 25.45 to 50; Frankfort-oil-the-Maine, 3 months,
llBj to 119 j ; Petersburg (per rouble), 3 months, 34j to I ;
Vienna, eff. So., 3 months, 13.60 to 65 Trieste, e'd Ao.,
3 months, 13.60 to 65; Madrid, 3 months, 490 to j ; oadis,
3 months, 48j to 49 ; Leghorn, 3 months, 25.55 to 60
Genoa, 3 months, 25.50 to 56; Milan, 3 w.onths, 25.50 to
55 ; Napier, 3 months. 35 to j ; Palermo, 3 months, 1191
to 120 ; Masaina, 3 months, 119 a to 123 ; Lisbon, 90
days, 521 to j ; Oporto, 90 days, 52j to 53.

The Caledonian Railway trafho return shows this
week a decrease of 2871.

At the first annual general meeting yesterday of
the Natal Land and Colonization Company, the
directors' report was unanimously adopted. It
gave a favourable amount of the progress of the
operations of the undertaking at Natal:

'The allotment letters of the Imperial Bank have
been issued. We are informed that the directors
intend to commence business about the 20th May.
The allotment of the shares in Stevens's Patent
Bread Machinery Company (Limited) is fixed far
Monday next, on which day Mr. Stevens will for-
mally transfer his business to the company.
At, a public meeting, held in the great hall of the
Rock Ganlens, Scarborough, on Easter Tuesday, a
resolution was passed in favour of the project of the
Scarborough Pier Promenade and Improvement
Company (Limited), the plans of which seem likely
to prove of much importance to the town.

IFIWAT EVICIDINg.
Consols, which closed yesterday at 93k to 94,
both for money and the Bth of May, opened this
morning at the same quotation, and closed
at 931 to k. The official business report is as
follows ;—Three per Cent. Consuls, for money,
94, 931 • ditto for aooount (May 8), 93k 1 •
Bank Block, 238 ; Three per Cents. Rodinied:
921, 1, 92 ; New Three per Cents., 92k, L
92 ; India stook, 227, 226} ; ditto Five per Cent.
stock, 1081, I ; ditto Four per Cent. Debentures,
1883, IC4, f ; ditto, 1864, 1001 • ditto, 1864 or
1866, 100. ; Five per Cent., " enfaced " rupee
paper, 1031, }, 103.

The India Five per Cent. Stock closed at 1081
to }, and Exchequer Bills at 17s. to 90a prem.
Foreign stocks were flat, particularly Russian, in
anticipation of the new loan.
There was no alteration of importance in bank
shares. London Chartered Bank of Australia were
inquired for. A fresh improvement occurred in
Nerbudda Coal and Iron shares. Netherlands Land
were likewise inquired for. English and Australina
Copper were flat.
The closing quotations for shares in new under-
takings to-day were as follows :--Ocean Marine In-
surance, 7 to 7} prem.; Thames and Mersey
Marine, 15-16 to 1 7-16 prem. ; Universal Marine,
3} to 3 dia.; London and Provincial Marine, par to
prem. ; Mercantile Fire, to 1 prem. ; COMM!,
dal Union, } to } die. ; Imperial Bank, j to
1 prem. ; Alliance Bank, 44 to 4} prem. ; Northern
Counties Unioo Bank, 2} to 3 prem. ; Chartered
Bank of British Columbia and Vancouver's Island,
1 to 1} prem. ; Italian Irrigation, 1-16 to 3-16
prem. ; Metropolitan Railway Wagon,* to prem. ;
and European Boatbnilding, par to } prem.
The Gazette specie statement for the week ending
Wednesday last gives the following totals, viz.:—
Imports of gold, 569,0221. ; exports of gold,
22,3151. ; imports of silver, 16,3281. ; exports of
silver, 163,3671.