The Express.
London, England, 1851-09-17 00:00:00

RAILWAYS.

11118 DAY.

Two o'CLoirzt

With the close of the account, business in the
share market is not so active to-day, and prices
being uninfluenced by the operations for a
fall, usual of late, show rather more buoyancy
upon the whole. In Lancashire and York-
shires and Midlands a considerable improve-
ment has occurred, whilst most other :descrip-
tions are steadily supported. South Eastern, mark
181 to f,, business in this stock being quiet, in
anticipation of the proceedings at the meeting ad-
vertised for to-morrow.

MONEY MARKET.

THIS DAY.

Two o'CLocx.

The movement in the market for the home funds
to-day has been entirely confined to a moderate busi-
ness in Consols. Under the influence of the opera-

tion of the National Debt

the quotation stood at an early period of the day at
a further improvement of 4, but the market has since
become slightly weaker, and the present range is
identical with that which ruled at the close of yes-
terday's market. The operations continue to be
chiefly for cash, speculation being very sluggish.
Consols openea 96 to I for money, and 96- to
for the account, and are now called 954 to 96 for
cash, and 4 more for the 14th Oct. The business
report embraces only : Three per Cent. Consols, 964,
95, 964, 954; ditto for account, 994, 96.
There is little movement in the market fur the un-
funded securities, but as an idea prevails that the
tendency of the money market will be towards
greater stringency for the next month or so, it
is probable that realisations may offer. At this
period in next month, however, the large mass of
government dividends will be payable. and will ma-
! teriallytend to case the market. he various divi-
dends in course of payment about to become due
on railway shares and foreign stocks: must also
be kept in consideration, as in the aggregate they
sum up a very important amount.
Exchequer Bills of all classes have been dealt in
Ito a moderate extent at yesterday's rate of 445. to
475. prem. In India Bonds nothing is doing.
The foreign stock market is dull, and the opera-,
tions in all descriptions are of a trivial character.l
Mexican Bonds meet with little business, at 26! to

Spanish Bonds also attract little attention,
and there appears a growing feeling among the dealers
of the hazard of holding these bonds, with such a
government as Spain at present possesses. A
great deal of uneasiness has been created amonf. the
bondholders by the discouraging statements of the
revenue receipts, which for the first seven months of
the present year amount in round numbers to
6,385,000/. only. The statement of the expenditure
for the same period being 7,850,000/., a deficit
of no less than 1,465,000/. is exhibited,
which may be expected to go on increasing
the rest of the year. The tbllowing is to-
day's business list :—Dutch Two-and-a-Half per
Cents., 551, ; Equador Bonds, 31, 3. Mexican,
26Z, .4; ditto for account, 30th September, 20.
Russian Five per Cents., 111; ditto Four-and-a-Half
per Cents., 1011. Spanish Active Five per Cents.,
201; ditto for account, 20,1; ditto Passive, ; ditto
Three per Cents., 304.
The business transacted in the market for foreign
exchanges yesterday was far from extensive, the de-
mand fur bills at present rates being rather limited.
The general tendency was upwards, and quotationsl
on the principal plams were again a shade higher.
Short Paris ruled at 25.15 to 17?; ditto 3 months,
25.30 to 35. Amsterdam fully maintained its former
'mice of 11.191 to nearly 12 florins. Hamburg left
off 13.91 to .1. Bills on Italy were in no great de-
mand, and negotiations took place in favour of
buyers. Madrid continues in request at 49Z, but
Lisbon and Oporto were hardly so much looked for.
St. Petersburg found buyers at 37, to 3-It, but
there was very little paper in the market. Vienna
and Trieste were a shade tower, but buyers were by
nu means spirited, and preferred waiting for further
accounts front the tither bide.

The following are the rates negotiated :
Ilzue. 111. ms negotiated.
From To
Amsterdam per ~C Mort 11f1. IS late.... 1111. Ititdv.
liato
Woterdom
lionitoug and Altana „ . I.kroo. s9,‘ leaki., rime.. Loeb.
Prankfurt.oW•ine-11able „ „ 111.'11.*tr. I=)E.
Vo ono
rroe-te
Antwerp „ 2 dr. 32-,a. ... tdr. 37 e...
Carlo : Sn'ort 231 r. 150. ... 2.11'. 171 e.
Lotto ..... — :, 3 Mouthsdltr. 10e. ... 25fr. 35t'.
I locrc ..... ''"or Ole. 231 r. 3,1 e.
tonna
Leghorn
per &cat „ li': ponoo AY; 1.,...e
yr 01211 el .. 1221 icnoa ... 122, pet.co
. 12 ' peace ... 1271 prom
icr Jotloo „ Co: pi nee ... 30 p-meol.
- „ :roa pew: 3: / Irem

Naille;
r.-lus
3..di Id .
Vad:x

Ll•ron per rated 11.3.p.etwe .. rae:see
Oporto
Ht. Per Mx:eft, .. per ruble 3.1 pence ... 371 anew
The dollars by the Dec were sold to-day at
4s. 1O d. The price of bar silver is merely nominal.
The market is passive at present, and there is little
prospect of any great demand for silver. It is ob-
served that although France ::!id Germany are now
receiving direct imports of gold, the supplies of silver
come entirely to this market. Some interest has
been excited by a hint in yesterday's Erpreßs, that
the Peninsular and Oriental Steam Navigation Com-
pany may, in consequence of recent events, put on a
steamer from Singapore to Australia. As this would
have a preference in conveying the gold bullion, the
ultimate effect has been matter of speculation. Some
seem to think that gold may be diverted to the
Eastern markets, but as silver is chiefly in demand
in those quarters, and must be supplied from Lon-
don, others think the gold will be remitted here in
bulk. Front a desire of realising it is expected like-
wise that gold will be consigned here direct, the
commercial connections of Sydney being with this
market. A strong impression prevails among prac-
tical parties that the gold deposits in Australia will
be found on a large scale.
From Paris there was no news of changes. Prices
in the several markets were good and bullion up-
held. The American news is of no importance.
Further details of the Indian intelligence arc anxi-
ously expected.

- -
ENOLE3II PET7I33.—Tm4 DAY.
Bask Stock, glut Lour An loth it...
3 per Ct. Iteduced. 364 bulls rq-ek, 267 2
Spa Ct. Consols.9si 6 Itu, It ..14.1.vir 0., 4144. 614. pin
31 per Ct. Couhol.4: shut Esau:quer Bills, ipstr:..4l•.47spio
Consuls fur Acct.. V 6 i
FOREIGN FUNDS.
45 per Et. Bestow. 93 5 3 per Cr- 6Tedean. 2f2 f
5 per CL 11:60166: 6:1 L 0 . 6 per Ct. Peru4sus No; 1161
Do. New. 47 D Ditto Deka.% 421 34
6 per EL Buell. A yr6P, 663 6 per Ct. l'ortugu,p-. 97 6
6 per CI. Clulesn. 1114 6 6 per Ct. liwslara. 111 113
3 per Ct. Collisrs 64 6 45 per Cl. Russlau, 1014 24
3 per CL lkssusu. 77 a 6 per Ct. ,P41:11,i1, Acura. 206 1
25 per CI. Dutoh, 612 1.2 3 Kr Ct. SpnuLsh. 362 74
4 per CO. Dutch. HI 25 lb. P6.-sire, 5 I
toluador. 32 S 22 per Ct. Venezuela. 211 RI
1 per Ca Granada. 14 IS Do. DehoreJ. IVS 115
Saollalaa 5 pm Una. 5 31 41a

Cents. Interior, 33 9-16 ; Russian Four-and-a-Halt
per Gelato., —; Two-and-a-Half per Cent. Integrals,
384. Exchange on London, 11.877,

MADRID, SEPT. 10.—Three per Cents., 361; after
Bohol, 36 3-16. Four per Cents., at 15 : after Bolsi',
—. The per Cents., at 17 ; aft -r lloba, 17.
Paasives, 6 ; after Bolsa, 61. Coupons at t. 14 ; after
Bolan, 81 p. Bank of St. Ferdinand, 100; Exchango
ov London, 51.

MINES.

(From the Daily Nrom)

TUESDAY ErEwtmo.

A rather remarkable feature of the present period,
and one that is interesting, as showing the unflagging
vigour with which mining enterprise is tiring prose-
cuted, is the steady demand experienced for English
copper, tin, and lead miners, which in some instances
in the mining districts has of late led to the partial
abandonment of some of the workings, and in many
cases has induced complaint from the mining cap-
tains. The numerical strength of this class of men,
many of whom are distinguished for a large amount
of sound practical science in matters appertaining to
their line of employment, does not appear to be mate-
rialle on the increase, and in view of the number whoaro
•
continually leaving this coun:ry to turn their skill
to advantage in the mines of California, South Ame-
rica, Jamaica, Cuba, Mexico, Spain, the United States,
and other quarters. it is by no means improbable that
mining labour generally, especially of the higher
class, may become more sought after, and, as a natu-
ral consequence, more difficult to be obtained. An-
other consideration worthy of remark is, that the
foreign demand for this species of labour draws off
the best and most experienced workmen only, who
are usuallyplaced in apceitimi of trust and authority.
Of the discovery of gold in Australia, and that too
in considerable quantities, not the least doubt
can now be entertained, the only question being as
to the extent of the region in which the prceiovs
metal is to be found ; and should the opinion provo
correct that the entire or a large portion of the ba-
sin of the Murray is equally productive, us some be-
Here to be the case, another important outlet for
mining labour will be thrown open which may
have considerable influence on the labour market.
This will more especially be felt at the Australian
copper mines, which will most assuredly be de-
serted by a larg,e portion of the workmen. With
the full confirmation of the gold news, Aus-
tralian gold mining associations will certainly
start up here, and probable in many different quar-
ters, as the repugnance felt to embarking capital in
socieics, whose agents and workmen are de fkilo
beyond the control of the shareholders, in a country
where the restraints of law are little fcht, as in the
case of California, will no longer be experienced.
Gold mining in Australia will thu.. be commenced in
a much more reliable manner than on the coast of
the l'acitic, as the mighty power of joint-stock en-
terprise, and all the appliances of science and mire
cluuicul skill, will be equally directed to a successful
issue.

COMMERCIAL AND MARKETS.

MINCING LANE.-

-THIS DAY.

SC GAIL—The politic We of 3;100 I) rice of pillow M-
y:moan WO ithilrarrn at 3Gi. (41. to fur want of
bliyet-s, at prelim's rates ; also 2:111,AA P :Ilia, at 27i. to
s. Waned market dull; grocery lu.no, fair to thae,Vie.
to 13t.

Corrit.—T;!o public sales aro going. Mr heavily. Irn.
porter 4 are buyiag in largely to supoar. Ole market. Goad
• ov:unary native Ceylon notuidal at Sit. is 10s.
TEA.—The market is inactive.
Itter.—Tho large pahlic salt s of 13040 haws Java and ralfl
hays Ilsrugal were bought in, the former at 11.4.; ttw Denwal,
es. 6i. to les. 1,30 d) hags Madra• sold at is.
Sr tene.—Pcpi.t r: 1,500 haw.. Malahir so:a in puldi sale,
at previous rates: and 200 hago white, 6.1 to 61 r.r
Ginger: East Indic sohd at full prices, as. to Gfov.
COTTON remains steady.
I moo M 3.1111101 dull of sale.
In other artielts no mat,rial alteration.
Duly paid on Suer to last wv(4 la London, Lae& rye.
pm, , bristo!, ilea, and tae Clyde 8,0iv,751
To the eatue 'triad sus. ye

Decrea..4e ;",361
norms PA:2 OS Its /21 1331 TO LA'S VCRS. 0..
1/191t14a
1.~..rpo,4
8ri,.04
Ruh
Clyde 1,7.3,116

240-i!.351
2;,161.4i.

law tlnie in 19.!,0

incre.”6-.

1,31',976

TALLOW MARK KT.-THIS DM.

There is nu alteration to notice iu thi= market, pricks re-
maining as follows:—Town Tollow, ; Petersburg Y. C.
on the spot, 39.1. 30s. &1., new; last three month',
395. 9.1. ; January stud March, 40. 3d.

MAI tk-L AN E.-- -THIS DAY.

But little addition was made this morning to the quan-
tity of English Wheat left over front Monday last; never-
theless the trade ruled very dull, and but few Liles were
made of either English or foreign Whe.d, and prices mud
be considered nominally the same as last market-day.
Flour sold at late rates.
Barley in moderate supply and fully as dear.
Oats wen., generally. held fur a small advance, which
checked the sale. Arrivals this week arc short.

_—Leans :ma Peas much as last quoted.
The disvase is reported to be spreading, and the r(4
was more disposition to purchase distant cargoes of 'wham
corn in consequence.

Atial %ALS iNToyri.ipN PROM 13th SEPT. to t. th SEPT:

Wtre5t......... I 16i 0 I
1 b7O
Oats 5O 500 zia
Flour, 1,730 seeks; barrels. Malt. 4530.

BOROUGH MARKET.-THIS DAY.

Messrs. Pattendcn and Smith report that the mmliet
continues miry firm, at late quotations. Duty, 110,0001. to
114,0001.

COAL AIARKET.-TlllB DAY.

Eden Main, 11s. Sd. to 14,.941.; Walk End Haswell,
16s. Od. ; Walls End Hctton, 16s. 3d. • Walls End Lamb-
ton, lds.; Walls End Stewart's, 151. 3d.; Walls End Tees,
16s. 3d. 112 ships at market.

COTTON.—HAVRE, SEPT. 16.
The market has retained its good position. Sales up to 2
o'clock, 650 hale., with, in some instances, a riso of ono
franc upon the prices of Friday, particularly for fres-cnch-
noire.