The Express.
London, England, 1855-09-01 00:00:00

...
Pada. & Oriestiir Stan

Pertindal Iron Company
Masi M gaud
t &Adak Mutt. lamina

Do. New
loath Australian Land
intenarine Teller. Scrip
Do. Do. Registered
TrawiltLosaCo.otUrAan.
Van Disown% Land

it II

If I

TRAFFIC RETURNS.

RAILWAY. Mr Pl.. Mr- Total, Tel&
epees. Sr.ta &audios. 1966. 1864.
losideliere?„"ritoterelne""..."... 36 fig 81 fee t 6
Lorkeekery sad 198eiektues .. 09 261 IN 663 1:3
Week eedlittict 19.

..... . - 4.111 2,190 1,001 0.000

COMMERCIAL AND MARKETS,

TALLOW MARK/It-THIS DAY.

The 'titbit Is drat, at the (Melvin quotatioue, with a
fair besieges doiog, rig. :—Town Tal ow, Hs. oat casts ;
Petersburg Y.C. on the spot, 661. 61. ; October to Decem-
ber, 564 Oe.
Maaxrr Avaa.som.—Tows tallow, 585.0 d. ; fat by ditto,
Ss. Id. ; yellow Russian, 685. ; melted staff, 425. 6d. ;
rough ditto, 26e. 6d. ; tallow grams, 124.; good deep, 7s.

MONEY MARKET-THIS DAY.

wo o'CLOCC.

The English funds to-day are rather flat, and
prime show a farther decline of about 1 per cent.
Very little business is going forward. Consols are,
quoted 91 " sellers," for money: and the 6th Sept. The
Three per Cents. Reduced have been dealt in
at 911 to 1 ; the New Three per Cents. at 921
to 1 ; Bank Stock at 2161 ; Exchequer Bills, March,
at 12s. to 16e. prem.; ditto, June, at 11s. to 15s.
prem.; India Bonds at 30s. prem. ; and the New 30
Years' Annuities at 17.

In theforeign stock market Turkish Six per Cents.
have recovered to 93; to 94, and the New Four per
Cent. Scrip to 11 to It prem. The French Loan is
quoted 2to 21 prem. Mexican Bonds, 211 to 22;',
Spanish Deferred Three per Cents., 18i to 191; and
Peruvian Four-and-e,Half per Cent., 78 to 80 ex
div. Sardinian Bond have been dealt in at 85 Ito
88; and Dutch Two and-a-Half z Cents., 651
(exch., 1281

The Leeds Mercury of this day reports that there
is no change of any importance in the woollen cloth
trade; it continues to exhibit the same healthy tone
and steadiness that have characterised it in our notices
for a considerable time past. There has been a good
business dons in the Cloth-halls during the month
of Augast. Sales of combing and clothing
wools have been to a moderate extent during the
present week. In prices we do not quote any alters-
bon from last weeks rates. In the Bradford worsted
market a steady business has been transacted both
for the home trade and shipments to America, the
favourable weather in this country, and the success
MOM" in the United States promising well, and
giving an animated tone to Irene, tee.
stocks on both aides the Atlantic are nearly, if nut
quite, cleared out, affording for the future an encon-
meThe Prg d-
coroon market yesterday was quiet, but Monday's
rates were fully maintained. The receipts of British
corn at market continue very small, whilst the arri-
vals of foreign in London this week comprise only
3,710 qrs. of wheat, 470 of barley, 6,630 of oats, and
1,860 sacks and 2,120 barrels of flour. Since last
Friday 11 cargoes of wheat and 9 cargoes of Indian
corn have arrived off the coast. The business done
in floating cargoes is described as more extensive this
week than for many months put, the demand being
partly for the continent. It re stated that between
Monday and Wednesday this week upwards of
32,000 qrs. of Indian corn changed hands, at prices
varying from 395. to 40s. Bd., and 41s. for IbrailaZand
40s. 6d. to 41a. 6d. and 425. for Galati. The demand
for rye for the continent continues.
The rise in sugar is fully maintained. The further
advance established this week is Is. to Is. 6d. per
cwt. Extensive sales of rice have been made, and
the price is 3d. to 6d. per cwt. higher. Saltpetre is
fully 3a. dearer than last week.
On 'Change yesterday the rates for bills on Paris
and some other Continental cities were rather more
favourable to this country. The current quotations
are annexed,viz. ;—Ou Paris, at short, 23.10 to 15;
ditto, three months, 25.35 to 40; Amsterdam, short,
11.161 to ; ditto, three months, 11.171 to 181;
Hamburg, 13.7/ to 81; Frankfort 118 to 1; Vienna,
11.34 to 38 ; and Trieste, 11.36 to 40.
Letters received from Paris yesterday refer to a ru-
mour that the Northern Railway Company of France
may perhaps participate in the construction of the pre-
jected new line from Paris to Bolas:ins and Belgium.
The Price of Ardennes Railway shares was tele-
graphed from Paris yesterday at 5.70 fr., or equal to
about 2; prem.
A call of U. (making 131. paid) is to be paid on the
shares of the Great Luxembourg Company by the
Bth October.
The directors of the Scinde Railway Company have
received by the last mail letters from their engineers,
who express an expectation that they will be able to
open the first section of the proposed railway, consist-
ing of 15 miles, in the course of a year, and that the
traffic upon this section will suffice for a dividend at
the rate of 10 per cent per annum. We understand,
that the Indian government have issued instruc-
tions that Knerschee, the lower terminus of the rail-
way, shall be connected with the general system of
telegraphs in India. This fact is invested pith addi-
tional importance owing to Kurrachee being the
nearest Indian port to this country.
The Msdras Railway Company have (yesterday) paid
into the treasury of the East India Company, on
account of their second extension capital, the sum of
340,8251., being 1.0,8231. in excess of the 25 per cent.
deposit required on this new 4; per cent. guaranteed
stook.
The holders of the Spanish coupon-certificates will
read with interest the subjoined letter addressed by
Mr. Otway, the acting British representative at
Madrid, to Messrs. Weisweiller and Bauer, the agents
of the committee of Spanish bondholders, whose
exertions, we are glad to see, are being steadily con-
tinued :
Madrid, July 9, 1855.
Gentlemen,—l think it right to send you herewith wry
of a note which, in consequence of instructions received
from the Earl of Clarendon, her Majesty's Principal Se.
°rotary of State for Foreign Affairs, I addressed on the
80th ult. to General Zara's, requesting to be made ac-
quainted, for the information of my government, with the
powerful reasons which had induced her Catholic Ma-
piety's government to anent to the rejection of the petition
of the bondholders to the Cortes. General Ethel., as you
will obrerve in his reply, copy of which I enclose, inform
me that my communication has been referred to the Minis
ter of Finance. I may here mention, that having beard
that Mr. Drucker was endeavouring to obtain from Senor
Broil a settlement of the Dutch claims, or more especially
those connected with the Node Diferida of 1831, I lost no
time is seeing his Excellency, and told him if such were
the ease, I wondered it to be my duty to protest sgain't
any arrangement or projects, however favourable to the
Spanish government, being entered into which did not in-
clude the jest claims of the British bondholders, who had
been hitherto so harshly treated. Senor Bred, I bare Its
satisfaction to state, gave me the most formal and positive
Neurones that be would never enter into say arrangements
in which the claims of all foreign creditors were not fairly
and properly included and considered —I have the honour to
be, geattersin, your most obedient, humble servant,
(Signed) L. C. °TWAT.
Messrs. Weisweiller and Bauer, Madrid.
The letter referred to by Mr. Otway, as addressed
by him to the Spanish Minister of Finance, is an-
nexed. The bondholders will regard with satisfaction
the plain language in which the British representa-
tive deals with the financial delinquencies of this
state:
Madrid, Jun* 30, 18.35.
Sir,—Lord Howden did ant fail to transmit to the British
government a copy of Senor Luxuriaga's note of 29th May,
in reply to one which his lordship, in conformity with in.
strudels received to that affect from the Ben et Clarendon,
had addressed to his Excellency, expressieg the extreme nor
prise and regret of the British government at the rejection
by the Cortes of the petition of the British bondholder.. In
consequence of this above•mentioned note of Senor Luau-
rime of 28th MeteiNt, I have now the honour to Nate to
your Excellency, In the name of her Britannic Majesty's
government, that they will be moth obliged if your Excel-
leacy will make know. to them what were the powe.ful rea-
secs which induced the government of her Catholic Majesty
to assent to the rejection of the petition of the bondholders to
the Cortes. If it can be asserted that money was not lent to
Spain in her hour of need, or that such loans have not ben
aeknowledged, or, having been acknowledged, the bond-
holders have been duly paid the interest, then the petition
for justice of the bondholders to the representatives of the
Spanish nation would properly hive been rejected; bat as
the contrary of all this was the case, her Britannic Majesty's
government are at a loss to conceive why the sanction and
authority of the government should have been given to a
proceeding which is • fresh injustice to British subjects, and
a fresh [okay to the credit of Spaln.—l avail mvtelf, etc.,
(Signed) L. C. Omar.
His Excellency Senor Don Juan de Zavala, Ac., &o.
There was no important change yesterday in land or
bank shares. The shares of the New Backe/ Lon-
don, however, recovered to 31 to 41 prem. London
Dock stock was dealt in at 101 i to 102 ; Southampton
Dock at 351 to 361 ex div.; Victoria Dock, old
shares, at 201--(S201. paid); Australian Royal Mail
at 4/ • Berlin aterworks at 6; (81. 10s. paid); Illi-
nois Central Railroad Six per Cents. 1875, at 75
(exchange 4s. 2d.) ; New York Central Seven per
Cent. Convertible Bonds, 1864, at 961; and Penn-
sylvania Central Ist Mortgage Bonds at 911 (ex-
name in each case 4s. 6d.)
Relative to the market for American Bemires,
Mr. R. F. Sattsrthwaite reports as follows:
These boo bees a steady market in London for Await=
Bsearldse duels( the pest week. Some of the paroeh of
Buds neatly oaths market have bees ease se. and there
Is a angtely inereased demand. Erie Beek OEMS awl Mak-
lig Foci Ms filly 1 to 2 per mats miler the kW Nevi