The Express.
London, England, 1853-04-08 00:00:00

auban, by the coal districts of Brassac and Aubin,
and from Bordeaux to Lyons, passing by Periguenx,
and by or near St. Etienne. The line is to be di-
vided into five sections ; the first from Clermont to
Lampdes, passing through the coal district of
Brassac ; the second from the Lot river to Montau-
ban, with a branch line towards Roder, as far as Mar-
cillac ; the third from Bordeaux to Perigneux ; the
fourth from Perigucux to Lyons ; and the fifth from
Limoges to Agen. By a reference to the map of
France it will at once be seen that this line will
occupy a most important position. The total line
will be 680 miles in length, of which 500 miles are
to be made by government under the law of the 11th
June, 1812, only three sections remaining to be
made by the company. To effect this, subscriptions
have been solicited for a capital, in the first instance,
of 3,200,0001., which is to be raised in 160,000 shares
of 201. each, with a deposit of 21. per share. As it is
felt, however, that to solicit public subscription, in
view of the limited number of shares available for
allotment, would be simply to give rise to a great
deal of disappointment, it has been decided not to
adopt that course, but to place the shares privately.
The subscription list, we understand, is already full.
It is not true, however, that the whole amount is to
be placed on the London market; the allotment is to
be made in Paris as well as London. The arrangements
concluded with the government are stated to be of a
peculiarly favourable character ; and it is even broadly
stated that the concession has been intended as a
special reward for the services of the Count de
Morey, who is chairman of the company. Double
works are to be executed, but only a single line of
rail will be laid down—an arrangement which ex-
plains the comparatively smallness of the capital for
a line of such a length. The concession being for 99
years, is the longest ever granted by the French go-
vernment. The shares have already been quoted at
a considerable premium, both in Paris and here ; but
as the quotations as yet are scarcely reliable, it
would not be strictly proper to report them.
Another new French line is the Toulouse and Foix
Railway, with a capital of 1,080,000/. (27,000,000 f.),
in 54,000 shares of 20!. (or 500 f.) each. The board of
directors of this line consists at present entirely of
Frenchmen, but an English director is to be ap-
pointed. The concession of 99 years has been applied
for; the plans, sections, and other documents have
been deposited; the formal investigations by the go-
. vernment authorities have been made, and the caution
' money is ready. Responsible contractors, it is stated,
have engaged to construct the line for the above sum,
and to pay 4 per cent. interest until it is ready for
, opening. In the event of the concession not being
• granted, the whole of the deposits are to be returned
without deduction.

The amount of bills drawn by the East India Com-
pany on their respective Presidencies from the 24th
ult. to the ith inst. is as follows :
Rate of Exchange.
Bengal £38,383 5 9 I 2s. Id. per Company's
Madras 3,146 3 3 j rupee.
Bombay nil 2s. lid. per ditto.
Total £41,529 9 0

All the Australian land and bank shares and mis-
cellaneous stocks generally were firmer today.
There were dealings in the shares of the Flank of
British North America at 60; Colonial Bank, 19,
20; Provincial Bank of Ireland, 48 ; East and West
India Docks, 165; Southampton Docks, 40, 38;
Victoria Docks (41. paid), 63 ; ditto, new
(21. paid), 4t, 3 ; Australian Royal Mail
Steam (61. paid), 5; Crystal Palace (51. paid), 6t,
t ; Eastern Steam (11. paid), *; General Steam
Navigation, 303; Peninsular and Oriental Steam,
84; ditto (251. paid), 453, 46, 1; Royal Mail
Steam, 78. British American Land shares closed
67 to 69. Berlin Waterworks shares are quoted
3 to 1 prem.; and Melbourne Docks and Railway

to i prem.
At the special general meeting of the North British
Australasian Loan and Investment Company, held at
Aberdeen on the 4th, a motion was laid upon the
table for transferring the seat of management of the
company from Aberdeen to London, and for altering
its title to that of the " North British Australasian
CANnany." There was read to the meeting a very
satisfactory
report by Mr. Beeger, who has charge
of the works at Kaw-aw, and who has recently ar-
rived in this country to take measures for the speedy
development of this portion of the property. The
meeting expressed an unanimous opinion that new
stock should be issued for this purpose, and it was
suggested for the consideration of the committee that
one share for every two shares at present held
should be issued to the shareholders at par. Ano-
ther general meeting has been called, to be held at
Aberdeen, on the 11th instant, for the formal sanc-
tion of the arraggement proposed.
Annexed are the latest quotations of foreign
stocks, as received by Mr. Reuter's telegraphic ex-
press :-Amsterdam, Wednesday : Dutch Four per
Cents., 95 13.16 ; ditto Two-and-a-Half per Cents.,
641. Spanish Deferred Three per Cents., 24 11-16;
ditto, Three per Cent. foreign, 471; the Coupons,
ti 5-16. Granada Deferred, 111. Mexican New, 27.
Portuguese New, 39 9-16. Austrian Five per Cent.
Metallics, 81 9-16. Madrid, Saturday: Spanish
Home Three per Cents., 43 9-16; ditto, Deferred,
24}; ditto, Passive, 51; the Coupons, 51. Vienna,
Wednesday : Five per Cent. Metallics, 941, and
exchange on London, 10.50.
Subjoined are the traffic returns of the various
English lines for the lust week, so far as they have
yet been published :
1853. 1852. 1851.
London and NorthWestem C 48,694 ..£43,246 £43,027
Lancashire and York.hire 17,442 .. 15,808 16,154
London and South Western 10,910 9,680 9,399
London and Brighton
Great Wegern
Midland
South Eastern
York and North Midland
York, Newcastle, itißerwick 15,077 .. 14,226 .. 13,740
.1 Shrew ‘iiury and Chester 1,768 .. 1,669 .. 1,656
(heat Northern 13,826 11,317 .. 7.622
' Chester and Holyhead
r IShropshire Union 576 .. 601 .. 560
Exeter and Creditors
-1 95 .. 102 -