The Express.
London, England, 1851-07-24 00:00:00

RAIL WA YS.

THIS DAY.

Tao o'Ctosi.
The share market to-day has been very well sup-
ported, and the rates of business in most instances
show an improvement upon those of yesterday. The
favourable traffic returns (as noticed elsewhere) have
imparted an improved fee ing, but the rumours of
further failures and commercial difficulties at Liver-
pool, have the effect of checking the tendency to-
wards a rise. Brightens and Midlands have been a
trifle weaker, but have rallied. Caledonians and
Great Nurtherns both mark higher.
SHARES AND Y fOCKS UNDUAItANTEED.

Wes today up
to 1 •Polook.

MONEY MARKET.

THIS DAT.

Two o'Ctocw.

The gloomy state of the weather militates nielrst
business in the Stock Exchange, and more especially
at this particular season, when so many persons
are usually attracted to the Bank and other
public offices, as a wet day is frequently suf-
ficient to induce a postponement of business,
and a consequent state of dulness in the secu-
rity markets. Operations to-day have been upon a
quiet scale ; but, as the purchases of the
government broker are continued as usual,
though now in the Reduced Three per
Cents, prices have been pretty fairly supported.
There is no inte'ligence, either foreign or domestic,
of sufficient significance to induce any decided line of
speculation in the home funds.
' Consols are quoted 961 to 1 for money, and 961
for the 12th of August. The business figures of the
I day arc thus given :—Three per Cent. Consols, 96;,3, I;
ditto for account, 96. Three per Cent. Reduced,
971, 1,1; ditto Three and-a-Quarter per Cents., 981,
1. Long Annuities, 1860, 74. South Sea Stock,
1074. India Stock, 2611, 263. Bank Stock, 2151.
Exchequer Bills are steady at the reduction of Is.,
noticed yesterday. The 1,0001. bills mark 525. prem.;
ditto small, 495. and 525. prem. India Bonds, 1,0001.,
81s. prem.; ditto under I,OOOL, 538.
Some descriptions of foreign stocks are in rather
more demand to-day, and a rise is to be noted in
Dutch and Brazilian. Russian is well supported.
Mexican Bonds are also a trifle better to-day. For
Sardinian scrip the market is inactive and
flat, at 1 to 14 discount. The unfavourable
accounts from Mr. Lord, the bondholders' agent, re-
lative to the views and intentions of the Venezuelan
government, continue to depress the value of these
bonds, which to-day have been transacted at
314. Business is recorded in the undermentioned
securities, viz.: Brazilian Old Five per Cents., 91.
Belgian Five per Cents., 102. Chilian Six per Cents.,
104(. Dutch Four per Cent. Certificates, 924, 93.
Mexican Bonds for account, 31st July, 304, 2, cx div.
Portuguese Five per Cents. (Brazil guarrantec), 874 ;
ditto Four per Cents., 341. Russian Five per Cents.,
1822, 1141 ; ditto Four-and-a-Half per Cents., 1004.
Sardinian scrip, 1, 11 dia. Spanish Active Five per
Cents. for account, 201; ditto Three per Cents. for
account, 384. Venezuela Two-and-a-Quarter per
Cents., 314.
The railway traffic returns for the last week are
now in course of publication, and continue to present
so satisfactory an appearance as, contrasted with
those for the corresponding week of lust year, that
the downward movement recently noticed
in the value of shares becomes additionally
surprising, even taking into consideration the de-
pressing effect which exceptional influences arc now
producing in that market. The London and North
Western return is no less than 63,2791., against
49,0241. nn the same period of 18,10—increase, 14,2551.;
the Great Western , 30,0701.,against 18,4661.—increase,
11,6141. ; the London and South-Western, 21,2621.,
against 12,7611.—increase, 8,5014 ; the Lancashire
and Yorkshire, 17,192!., against 16,3554—increase,
8371. ; the York and North Midland, 8,7821., against
9,l26l.—decrease, 3441. ; the Bristol and Exeter
5,5111., against s,ll6l.—increase, 395/ ; the Great
Northern, 14,1391., against 3,643 increase,
10,196/. ; the North Staftbrdshire 4,7381. against
2,5821. last year (when the canal was stopped
for repairs)—inerease, 2,156/. The Midland return
continues unfavourable; the decrease this week is
1,8441., the amount being 22,2611. against 21,1051.
in 1850.

Very little business has been transacted in bank
shares during the week, the result of several of the
meetings being awaited. The sales are limited to :
(2M. paid), at 11; ; Provincial of Ireland,
(251. paid), 42; ; Union of London (101. paid), 13
ex div.

—hock shares remain as before. Commercial stock
is quoted, &t ; East and West India, 1414 ex div.;
London, 112; St. Katherine, 77; Southampton, 174.
In steam-boat shares there have been few transac-
tions, but Royal Mail Steam arc marked a shade
higher at 764, 76, 77, and 761. General Steam
Navigation shares are quoted 27,1, In Peninsular
and Oriental old shares no transactions are re-
corded, but in the new issue (il, paid) business is
marked at 9.

Insurance shares are well supported at former
rates, but without any particular movement. Tho
quotations at present ruling are as follows :—Albion,
841; Alliance, British and Foreign, 21;; ditto,
Marine, 374; Atlas, 17; ; British Commercial, 7 ;
Church of England, 21,3 ; Clerical, Medical, and
General Life, 20 ; County, SO cx div. ' • Crown, 15 ;
Eagle, 6; ; Equity and Law, 5; English and Scottish
Law Lite, 2h ; European Life, 12 ; General, 5; ;
Globe, 133; ex div. ; Guardian, 561 ; Imperial
Life, 245 ; Imperial Fire, 181; Indemnity Marine,
501; Law Life, 3; Law Fire, 46 ; Legal and Gene-
ral Life, 41; London Fire, 19; London Ship, 19 ;
Marine, 16; Medical, Invalid, and General Life, 21;
Morareh, 1 cx div. ; National Loan Fund, 2.i ;
Phmnix, 156 cx div. ; Professional Life, Z ; l'rovi-
dent Life, 30; Rock Life, 61; Royal Excange, 221
Sun Fire, 209; ditto, Life, 48; United Kingdom, 4
Victoria Life, 5, 54.
Shares in the General Reversionary. and InveA-
ment Society are worth 92 to 93; Equitable Rever-
sionary, 1091; Reversionary Interest Society, 100.1
cx div.

Miscellaneous shares arc quoted as follows in the
official list :

Assam Tea Company, 8 ; Australian Agricultural,
15; Australian Trust, 20; Anglo-Mexicau Mint, 25 ;
Canada Company, 47, 48, 49 ; ditto Five per Cent.
Bonds, 951; Hudson's Bay Stock, 205 ; Price's Pa-
tent Candle Company, 23 ; South Australian, 24; ;
Van Diemen's Land, 1.

The amount of bills drawn by the East India Com-
pany on their respective presidencies from the 7th to
the 23rd inst., is as follows:
Rate of exchange.
8enga1..C62,331 17 9 )2s hl per Company's rupee
Madras.. 4,436 19 9 •
Bombay.. WO 0 0 2s. lid. per ditto

£67,321 17 6
The bar silver by the West India steamer Thames
was sold to-day at 58. Old. per oz., and the dollars
at 4s. 111 d. per oz. ,• so that the late advance of price
has been maintained.
On Friday night the treaty was signed at Berlin
for the union of the Netherlands and Prussian Rail-
ways by the Duteh-Ithenish and Cologne and Minden.
In due course this treaty will be ratified by the
respective legislatures, and thus a termination will
be put to the state of indecision which has so long
affected the Dutch-Rhenish Railway, and delayed
the development of its great capabilities.
ENOLIBISI FUNDS.—TOI6 DAT.
Dank Stock. 21516 Lunt itunuttlee. tt
3 per Ct. Itequortl.4l4 6 Ilona Stock, 201 2
3 per Ct. Cotutols. 961 ,}Dim Boca, Go 62
LpeziiUAnools: psi Exchequer DUI% 1.008440 c to 5211.
If per Ct. Belgian, 92 41 10EZION
8 %.(1.1trt5418,2,4t. ET PI
6 per Ct. Leuot Ayres. 661
4 per Ct. CW11841.193 5
3 per Ct. Clam.
3 per Ct. Dant*, 71 T
14 per Ct. Dutch, 594
per Ct. Dutch. 924 I
'or. 34
armada. 156116

FUNDP.
5 per Ct. Maslow, 301 1
44 per Ct. Peruvian. tie
Ditto Deferred. 43 4
6 per Ct. PorteAttc.;
21 Ru
Cl. 7
44 or. edaa, 11 144
Ct. Realm, 1004 1
6 per Ct. Spanisb, Active. IN 1
3 Per Ct. 11PIIADA. 314
Do. Peesive. 61 1
24 per Ct. Venezue 31 3
Do. Deferred. 1713

A VOLCANIC INLAND.—It will be remembered that
an Wand, about 120 feet high and 2,000 feet in circum-
ference suddenly sprung up in 1831, between Sicily and
La Pentellaria. It disappeared about a month after, and, at
a later period, even the sounding lead could give no indication
of its existence ; but vessels passing over the place it had
formerly occupied would sometimes feel a sort of shock,
which showed that it was of volcanic origin. In March last,
however, the French vessel Eole, which was taking sound-
ings in the vicinity, discovered some traces of its existence,
and we now learn from Naples that, in the course of
last month, H.M.S. Scourge, Captain Kerr, verified the
truth of the preceding observation, and further discovered
that the island, which had been christened " Isola Giulia,"
was only nine feet under water. Captain Kerr had a polo
[ with a streamer and an inscription set up on the spot.—
' Journal des Debate.