The Express.
London, England, 1862-07-30 00:00:00

MONEY MARKET.

Two o'Ceocu.
The funds to-day are rather flatter, being ap
patently influenced by the creation of new secu-
rities. Consols have declined 4 per cent. In some
of the other nierkets s little dulness is obser-
vable, but there is dill great animation in fa
reign stocks, and the principal business going for-
ward is in this department.
The Venezuela Loan for 1,000,0001. of 6 per cent.
stock at 63 will be issued to-morrow, and the price
is already quoted 31 to 41 prem.
The scrip of the New Portuguese Loan is
rather weaker, at 4 to 31 prom.
At Paris, this morning, according to Mr. Reuter's
telegram, the Three per Cent. Routes opened at
681 r. no., but receded to6Bfr. 90c., being the same
as yesterday.
Consols are officially marked 945, 4, and 4 for
money, and 941 and 1 for the account. The
present quotations are 944 to 1, both for
cash and the 7th of August, and 94 5-16
to 7-16 for the 4th of September.
The official business report is as follows :-Bank
Stock, 240 ; Three per Cents. Reduced, 941, 1;
New Three per Cents., 945, 1, 1 ; Thirty Years
Annuities, 1885, 151, 7-16 ; India Five per Cent.
stock, 1081, 1, 4 ; ditto Four per Cent. Deben-
tures, 1863, 101; Five per Cent. "enfaced" rupee
'paper, 104 ; Exchequer Bills, 25e., 28s. prem.
A very large amount of business has again been
done in foreign stacks, and the tendency of prices is
still upwards. The scrip of the Egyptian Loan has risen
to 121 to 13 prem. Thescrip of the New Turkish Loan
is quoted 34 to 4 prem., ex div. ; the paid-up, 711
to 1, ex div. ; the Bonds of 1858, 741 to 751 ; and
those of 1854, 86 and 87. The Russian Loan re-
mains at 1 to 1 prem. There is a further
considerable advance in Venezuela bonds, which
are last marked 2t4 to 28. Yesterday's rise in
Peruvian Uribarren bonds is fully main-
tained. Italian Five per Cents. have again risen.
Transactions are recorded as follows :-Braeilian
Four-and-a-Half per Cents., 1852, 1868, 1860, 924 ;
Buenos Ayres Six per Cents., 94 ; Chilian Four-
and-a-Half per Ceuta., 841, 4 ; Equador New Con-
solidated, 181 ; Egyptian Seven per Cents., scrip,
124, 13, 12, 13 pram. ; ditto paid up
scrip, 94, 95; Italian Five per Cents., 72,
5, 1 (exchange, 25fr.) ; ditto Maremmana Railway,
741, 1,4, ex div.; ditto scrip, par, ex div.; Mexican
Three per Cents., 284 ; ditto, for &count, 281, 1 ;
Moorish Five per Cents., 96,1; New Granada, OTOVar
due Coupons and Hectares, 101 ; ditto Two per
Cents., 261 ; Peruvian Uribarren Four-and-a-Half
per Cents., 96 ; Portuguese Three per Cents., 1853,
471, 461 ; Russian Five per Cents., 97, 961 ;
ditto Five per Cents., 1862, scrip, 1, !prem. ;
ditto paid-up scrip, 931, 1 ; Sardinian Five per
Cents., for account, 85 ; Spanish New Deferred
Three per Cents., 441: the Committee's Certificates,
94 ; Turkish Six per Cents., 1854, 861, 87, 861 ;
ditto Six per Cents., 1858, for account, 74/, 74,
75, 1, 1 ; ditto 1001. Bonds, 771, 77 ;
ditto Six per Cents., 1862 (scrip), 41, 31,
41 prem. ; ditto paid up scrip, 711, 72, 1 ; Vene-
zuela Three per Cents., for account, 211, 284, 28 ;
ditto, One-and-a-Half per Cents., 144.
The money market continues extremely easy.
Good bills were discounted yesterday at 11 per
cent., with numerous transactions as low as 11.
Little business was done at the Bank of England.
It appears, in answer to inquiries, that the agents
for the new Portuguese Loan are not yet able to
fix the day for the issue of the allotment, the work
of examining 21,000,0001. of applications being
very heavy.
The following sums were received yesterday
ROYAL COLLIME or SURGEONS OF ENGLAND.-
by Messrs. Baring Brothers and Co. on account of
The following gentlemen having undergone the necessary
examinations for the diploma, were admitted members d the New Granada Dividend Fund, viz.: Santa
the College at • meeting of the Court of Examiners on the Marta, 4761. 15e. 10d. ; Rio Bache, 430/. ; Carta-
29th inst., viz. :-Messrs. Thomas Pickering Pick, Waterloo, gees, 240 L ; Sabania, 172/. 18s, ;total, 1,3191.
near Liverpool; William Rayner, Uxbridge; William Ile. 1.0 d..
Taylor,Dau." BarusBPeetre; ;LaA" GeorgelwegMhabenbwwgy, Loughborough;
jerherrd'slibeusdiewh ; The amount of gold bought by the Bank yesterday
Robert Samuel Ma
eels Birmingham ; John Heaps, was 50,00011/ making 486,0001. since last Wednes-
Boonton-bill, near Leeds; Robert William Coles, Staley- day. The Hibernian, from Quebec, has brought
bridge, Cheshire; Thomas Gambier, L.S.A., Canterbury ; 20,000/. The Kangaroo sailed from New York for
John Prince, Calcutta; Robert Turner Lied, M.D. Edinb., England on the 19th Met. with 209,000/. At the
Leeds; Thomas Henry Hughes, M.D. Ediob., Wrexham ; moment there is no inquiry for gold for exports-
F cis Trimmer, Glou ter ; Samuel Smith Creaked
Richards, ford-square ; Martin Annealey Lamb, Per- tion but a slight adverse movement in the conti-
chester.terram ; Theodore Kelsall Hubert, LILA., Max- Dental exchanges would probably Canna remittances
kyste-street, Beds ; Frederick William Wright, Leunces- to abroad to be renewed.
ton; Thomas William Womble Watson, Edmonton; A considerable portion of such of the Mexican
Henry Lyell, Southwark; and William John Ready, dollars as were not recently :mid at be. Ofd. per
Dublin.
FORT-WILLIAM-THE MOORS AND Foitzers.- ounce, together with those brought by the Seine,
The approaching 12th of August never was so near with no were disposed of yesterday for China at ss. 14d., esta-
discouraging sporting prospects. The weather has been blishiug a rise of id., compared with the price ob-
eminently unfavourable for all kinds of game, and we learn tamed for a portion of the supply by the Shannon.
that in most places there will be • inanity of grouse eve° on In the interval, however, the present quotation has
the famous moors io this quarter. In travelling over some been current.
of the best heather ranges in this district, we found
' the coveys more numerous than we expected • Scarcely any alteration occurred yesterday in
but they were small in size and number, and the foreign exchanges, with the exception of a
looked weakly. They can be of no aim worth fresh movement in favour of Austria. The rates
at the opening of the season in many places. The were as follows
coveys number from four to eight and nine birds generally. :
Amsterdam, 3 months, 11.174 to 18 ; ditto, 3 days,
Some of the earliest hatched coveys are stronger, and have 11.154 to 16 ; RMlerdani, 3 months, 11.171 to 18 • Ant-
been abler to withstand theyrotracted severity of the was- werp, 3 months, 211.40 to 45 ; Heobure, no. be.: three
Cher, which has been cold, wet, and unseasoaable. Part- month; 13.74 to 8 ; Pm* 3 days, 25.15 to 2224 ; ditto,
ridges perished in great numbers by the floods, but still :3 months, 25.40 to 21 ; Frankfort-on-the-Maine, 3 months,
they will afford ordinary sport. The birds are, however, 1194 to 4 ; Petersburg (per rouble), 3 months 344 to 4 ;
small for this mein of the year. The extensive and famous Vietna, off. do., 3 mouths. 12.75 to 80 • Trieste, eff. do.,
deer forests here afford good prospects for the deerstalking ;3 months, 12.75 to 80 ; Madrid, 3 meals, 491 to i• Cadiz,
season. They are largely stocked ; sod the fawns are very 3 months, 494 to 4. ' Leghorn, 3 tootle, 23.514 to .
numerous, healthy, and advanced.-Edinburolt Courant.
... Genoa, 3 months, 2.5 to .521 71 ;Milan. 3 ir.onthi, 25.52 i
CULTIVATION OF COTTON IN FRANCE. -inn to 75 • Naples, 3 months, :i94 to 40 ; Palermo, 3 months,
Bulletin de la Saciell d'Aerliinatation publishes a paper by 1191 to 1; 'Messina, 3 months, 1194 to 1 ; Lisbon, 90 days,
M. de Fonrok, on an experiment attempted in Lower lan- 524 to 53 ; Oporto, 90 day.. 524 to gg.
guedoc by M. T. Arnaud, his intendant, who having had
occasion to go over to Algeria on busines, on his return The Liverpool cotton market yesterday was very
brought over a pound of cotton-seed, with a view to try the firm, and the tendeucy of prices as regards Awe-
eultivottion of the cottennlant in Proveoce and Lenguedoe, limn descriptions was again upwards. The trans-
the climate of which very nearly resembles that of Algeria. actions comprised 8,000 bales.
Having, selected a small space of three area (little more It will probably not be very long before the
than a fourth of an acre) the seed was sown on the 15th
of May, too late • period to give hopee of • under the Southern Italian Railway will be brought forward
latitude of Provisoes Nevertheless, by dint of re. in the form of an extension of the Lombardo-Ve-
;mated digging mad careful wateriog, the young cotton netian and Central Italian Railways, the share-
plants prospered, and the first pods opened about holders in which will have the right to the new
the middle of October. Notwithstanding the im- allotment. This will be rather a large affair.
perfect means employed by people unused to the
work of getting out the cotton, the three area pro- The receipts of the Great Western Railway of
duoed 120 kilogrammes of that subsumes mixed with the Canada for the week ending the 18th July were
seed; this yielded about 25 kiL of cotton fit for the mar- 8,2851. sterling, being 2,612 E more than in the
ket, being a proportion of 800 kiL per hectare, which is corresponding week of last year.
considered a large yield in Algeria. The cotton itself was
the quality called Georgia long staple, and would, from At the meeting yesterday of the Australian Agri-
log to the opinion of eminent men is the trade, fetch from cultural Company, the directors' report wan adopted.
sfr. to 6fr. per kilog. under present circumstances. Cotton The paymeut of a dividend was not recommended
cultivated as an annual. requiem a light and deep soil, not on this occasion.
retaining moisture too long. The ground must be carefully The first ordinary general meeting of the Chins
weeded, the youug shrub progressively pruned, and care-
fully watered. and Japan (Coast and River) Steam Navigation I
RAILWAY RETI7RN TICKETS IN FRANCE.-AD im- Company took place yesterday, when the directors'
portent question to French railway travellers has fort been report WU adopted. It announced the arrival at
decided at the Paris Tribunal of Police. The period for which Bahia of the steam tug Titan, en route to Shaughse,l
a return ticket his been granted having expired, can the
I traveller be called on to . pay the whole fare for and the probable departure in August of the Elgin'
portion already yid be allowed
hat all that the traveller should from this country. The directors consider the pro- '
coming back or must the alre
spouts of the company more encouraging than they
him. The court decided t
have to pay was the difference betimes the sum already were a year .go, and that large profits will be earned
given and the whole fare. by the vessels employed. The shares of the under-
- A correspondent of the Timm, writing -from taking are expected to be taken up in China, espe-
- Orarmayeur on the 22nd instant, says :-" Yesterday Malty when the first vessel arrives out and is seen
I word from Chiunonix to Courmayeur by the Col du in &dna operation.
i Weak and am Maned to think that a few words respecting
this pumas may be of service to those who contemplate We are requested by Messrs. Dunsford and
performing it this year. I dept at the Montsnvert, and Ranker, managers of the Quebrada Railway,
- was led by the guides at Chamonix to think that in saves Lead, and Mining Company of Venezuela, to in-
heres I should reach the summit. It took eleven hostel
i I (resting twenty minutes) in consequence of the present die- .
sort the following communication just received by
Aerated state of the sores, which are exoeedisgly difficult, I them
-
_id ist4 to IRY dADWOUL to pass. One or more light ladders , Dear Sirs,-1 find from advertisements in the daily
_ ad (which I had not) might render them lees ao. The sorties ' Papers that these mines are to be resumed under your
- may be avoided by keeping to the rocks on the left in ascend- I n?ansgement. In.
.1fr.3.3 and 1834 I was there. At that,
1 ; mg. but I suspect that it is a choice of evils. On this side time large quentittee of . ore were raised. 1 was than a
- lof the Col du Gant, where, in 1860, three Eogliahmen add Youth, but 1 have a distinct recollection of the great width
- I a guide were killed, there is no snow at present, and the of the lode, and the manes of copper ore of high percentage
2 I &want is free from all danger." I which it presented. The excavations then made in the
-I An advertisement lately appeared in a Berlin dermit of ore mere nothing when compared with
II 41 paper beaded "Corp powder," reconimending all proprietors the great and apemen_ 7
..
were
acl inexhaustible channel of missed
- ~ of ponds who desired to multiply that fish (which is highly the
ground before them. I should compare ore already
- i' prized in Germanytaken from this place to a sample taken from the balk,
1 to send • &teat fors box of the farsous
;„. retele id I believe that any reasonable quantity you may desire can
' I powder. A gentleman
gob.; not his ornotfrieomtbPeeeddresemereele'butte-tee% -,ntli a be produced from those mines. The transit of ore from
o be rendered
due"'
bat'
indeed cif returning with the box, the servant ' the
minesrailroad'3the eilipflitgingPrig Teeetheeeree;orepermit me
brought back the following letter :-" Yoe will pardon au, by feel
me, sir, for having mystified you by my advertisement, but
I bad wagered that 'the announcement of the sale of my to say that 1 assured. tit:the facilities
arising tmn the
mi.oetal resources of this property only will meet the saw
secret, however absurd it might be, would not fail to Lo-
_ guine expectations of the propnetery.-I am, he.,
(Sipedl JANIS ROAM.
- ad ours dupe*. You are the aixth who has asked me for • x 1
... We are requested to state that Mr. F. Doulton,
xit el carp powder." I

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PROMNOIAL SHARI MARINI%
mAsainirris, JOLT l9.—There lam been a mockestaly active
ntsrket, bat the chief bushier has been for next amount. Prices
rather better. (heat Northern A. next ccount, 1164—Gmed
Ship, 7a. 6d.—Ditto Pro[., I—Great Western, 751: next account,
73f I—llliziols Central. 60 Id. next account, 60.tilesdt..-;
Lancashire and Yorkshire. next amount. 1061 I—M
Shefileid, and Lincolnshire, next account, 394-Idialland, maxiSbe6eld,
account, 1814 4 --North British, 6114—South lantern, ;
next account, 864 44 I 4—Thames and Mersey Marine In-
sorence, 24.p.—Union bank S p. ex div.—lllinote (paid up)
47—MA.6016491d Canal, 644—Bank of Stockport, 64—Dorer New
6 itzigiilitat, JULY 29.—The sales reported to-day were of
Great Western, Stour Valley guaranteed 5A4—Birmingham
Watermark', 364—and Birmingham OM Mill, 10-Boutb Staf-
ford' classed 101 to 104—Birmingham Banking Company,
buyers—Birmingham as, 144, buyers —Staffordshire Cu, 1 ,
buyers—Birmingham Fire, 109—BirminghamNew Mill, 2i
2 9-16—The Metropolitan Waggon, 14 to 1$ p.--Gr loucester Waggon,
24 p., s. Markets generally were b , guaranteed stocks
scarce, and business difficult to do.

MINES.-(THIS DAY.)

Two o'Ocool.

Apart from the fortnightly settlement, there is
not much business going forward in the mining
market to-day. Wheal Ludcott shares opened
at 17, and have since receded to 161 to the pre-
sent quotation. Fast Caradon are quoted 44 to };
Marke Valley, 9a to ; South Phoenix, 3} to ;
and Great Wheal Fortune, 29 to 4.
Foreign and colonial mining shares are steady,
but St. John del Rey are flat. There are inquiries
for Scottish Australian.
The directors of the Otea Copper Mining Com-
pany have given notice that Thursday,. the 7tb of
August, will be the last day for receiving London
applications for the shares, and the Bth of August
for country applications.
At the meeting yesterday of the Cobre Mining As-
sociation the directors' report was adopted. Owing
to the falling off in the produce of the company's
ores, combined with the low state of the copper
market, the result of the operations during the six.
months has been very unsatisfactory, and the
directors in consequence are unable to recommend
the payment of a dividend. They anticipate, how-
ever, that the future consignments of ore from
Cuba to this country will be of an iilproved quality.