The Express.
London, England, 1848-09-05 00:00:00

able lilt Assn*, 1849. Their funds were quite min
el, nt to stet their liabilities. Ile thought it right to
meetime the the direeton bad not accepted any mum-
rem• their eareima Oartlio regretted the
hehq lesaimpemee amounting to overly 60,0001.,
and enpasted that Nome eanoieneenseet would have hem
made ea te sit amegentation. with other lines.—The Chair
min Awned thin the proprietary might eonfidently meet
that as soon as the breach line was completod the dines
mead be I ambled to pay them a respectable
Whether Mbar, mengemise world take the mem mares ha
was we prepared le any, bat of this .hp twist ammo them,
den the Derbile end Mraghs4a Rawl" woad pay • esu.
eiderahle &tithed whether an amaimmeelim WWI effected
with other Haas ea net With relesense set their lop' en
mw% he had as beellation is eel. gipentley were irety
little 'beyond Me avenge. He ed
se. lemma. that
then could be no 'nth** more advatheepeemiy laid We
the Rome ot Cossets thee the enermens emenese heaped
pa railway emakmaise in the them of legal and peellemeatery
wets.—The report was adapted; and after wthilses wen
re. eleesedranit a vote of thanks pasted to the (era, the
mooing separated.
WATIIMOILD AND LIIIIRICIL—Hatay
smut Ihering.---
Waterford, hag. 81.—The Earl or 0 the chair.
—The report showed that 463,1431. 16e. . had been paid
up as the call made during the last hall-year, and advtao. d
by skamlio/dert; and 14,044/. 6s. Id. (or Interest ea capitol
paid. By the forfeiture of shame already meted,
sad these which wets to be aired for falai., at
that meeker, the share list would be redoes* he r. saes-
here to 10,000, and to stable these 10,8811 MNt their
thane a Anther sem must be noshed 4 sheet
88,0001., making a total of 646,0001., or a bongs of 46,0001
to time who bad supported the concern, and represented a
espial 4 800,0001. Should a further forthitere be iseemmay,
M mane the capital claiming dividend mead be Ye aid
the beam mach greater. Then being no famediale pren
Crsit !Meg Ate to continue the works already
Tipperary and Cionmel, the directors kwili=le
mamba closed the contracts which bad been made, and
reduced the engineering eta to what was esegdy re-
quired lot the mainteasem of way. Ile Bee was
;Claon the 9th of May for local trate. having
m average for passengen and goods of 1661. 195.
per week sash the end of June is the beginning
of July the ninths with the Great Southern and Western
Railway Company was effected, and the through Malik of
to Dublin comminecweekly
iad, the avenge ma
MinsgTg. 124. 6d. No goods or parcels for the through
traffic had as yet bees circled. The directors had reams to
coegratulate the skarelmidus on the amount of Walk from
the opening of the We to the present data, taking into eon-
elderatiou the depressed Mate of trade.—The report wu
adopted, and a resolution passed for the lorfeitare of certain
thane.

Burr awn Warr YOIMMUUL—FIaIf-yearly Meeting.—
Kaaraboreagh Aug. 30.—Rr. 1. Dept in the chair.—The
report stated that the portico of the line from Rey-park,
steer Haanaborough, to the junction with the York and
Newcastle line, soar York, wu ready for opening; and that
the Leeds gad Think Railway Cespany were prepared to
work it oa terms to be agreed on between the two c
Ines. It appeared that 191,0001. had beets expeeed on
the works, sad that the Ludo end Think Company
re not disposed
ing the to carry :syutatthea prosiois.alizere4r. 6
per
cent. per amnia on a capital of 200.000 rent 7.—The Chairman
having moved the adoption (lithe report, a long discussion
took plate with Warms.' to the question of amalgamation
with the Leeds and Think Company ; but it was ul'imately
deu tanned to leavens. matter in the hands of the directors.
—Resolutions were pared adopting the report, and confirm-
ing the forfeiter* of 06 shares far non-payment of calls.

MONEY MARKET.

MONDAY EVINING.

Concurring circumstances were favourable-
for public securities, and they improved accordingly.
There was the weather, which may be called superb
for the coachision of rvest operations, although pro-
bably it may only partially redeem the damage al-
ready indicted upon crops by the long continuance of
an adverse season. The corn market was all in de-
cline also, which is usually the signal for a better
market in Consols. Boon after mid-day, more-
over, there was the report,in quarters that
should be well informed, of the arrival, at
the Prussian Embassy, of a special courier from
Berlin, bringing intelligence of the signature of the
semiotic. between Denmark and Prussia on the

Schleswig-liehliin Audi" and of its subsequent
ratification at Lelia* between the respective plenipo-
tentiaries. Ws should man perhaps the exchange
of the ratifications, although the accounts circulated
would sum to make a distinction, and suppose that
the ratification were stilt to be exchanged. Consols
rose to 864 buyers at one time upon these
encouraging thdicatines, but without much speculative
activity. At the close of business the realisation of
traini4prefita, with the absence comparatively of
reduced the quotations to 861 buyers both
for mew and time. Between the highest pries
oiling to-day, and on Saturday, the differenee wee
per wet. ; and as between the closing rates in each
case bar cent. 'Wand Theses were 884 to 4.
Tbretraado-Cloarter pee Outs., sq to 874. Ea-
oheqeer 8i115,2134 to 31a. premium. Bank Stock, 196
-to 8. India Bonds, 20e. to 235. prentiiim.
Russian and Brazilian stocks were principally in
demand to-day in the foreign market. Russian were
bought from 971 to 84, the quotations remaining
97 t 0.9. Brazilian were done at 76, but quoted 73 to
6. Chiliso were bought at 88, but between buyers
and sellers remained 84 to 7. Mexican; 164 to 17.
Peruvian, 29 to 31. Spanish Five per Cent', 12 to
the Threes, 23 to Passive, 3to 4. Portuguese,
21 to 3. Dutch Two-and-a-Half per Ceuta., 443 to
64; the Fours, 704 to lk.
It is now publicly known that the Chancellor of
the Exchequer we. advised in his mode of raising
the two millions deficiency by the first capitalists and
blinkers in the City, whose names it is not n
to =
mention as perfectly well understood in
able money circles. So much should and might have i
been inferred from what has previously appearad.,
under this head. There need be no further reserve is
now stating that the capitalists to whom alone re-
coons mast have teen had in the case of a loan, far
there is a virtual monopoly. between two or threecon-
°eras on such moutons in these times, deprecated
with earnestness any application of the government
for loan accommodation. It was felt that it would so
less reflect a sort of slur upon themselves, as the well-
known leading capitalists, not to propose for such
loan if put up to competition, than discredit upon the
Treasury should the biddings not ascend to the
reurved,price, as too probably might have been the
eau. In view of the gloomy perspective of the time,
with corn prices ascending on every market day, and
the weather not to be measured exactly by the baro-
meter, pointing more strongly still to ruined har-
vests and unlimited importations, it may be readily
conceived that capitalists of the stoutest hews and
the largest command of means would !mate& about
looking up any considerable portion of their dispos-
able means in the stock of government loans
not readily convertible at 6, profit, more
probably saleable only, when at all, at a
loss, when these means might be employed more pro-
fitably in the current transactions of commerce, or
might be drawn upon much mereextetsively than
usual from correspondenoes abroad, whose drafts could
not be roused upon credits lodged and approved,
whilst at the same time the Bank of England might
be narrowing the range of its discounts, and
impeding the course of commerce and credit,
under the influence of imperious circum-
stances. It may be repeated, therefore, that the
Tteasury had no choice in the matter of the mode
in which the two millions were to be raised. The
loan was eschewed in the only quarters where it
could influentially have commanded acceptance. But,
independently of the advised considerations which de-
termined the Chancellor or the Exchequer, there can
be no doubt with those tolerably informed and com-
petent to judge, that for so small an operation as two
millions, a loan could not fad to be an expensive and
discredlable operation.
The Spanish-American Committee have forwarded
the following communication from their agents in
Pen, Mmes. Maclean, Rowe, and Co., relative to the
Peravlea fiibt, under date of July 13 :
We !see to eemaaaeleate to you ea the subject of
the hineikeldlM' isles, brew Man that the Peruvian go-
veramem have reseatty leppeimet Mr. Osseo, late sainigter
at Wasiligton, as ti.eir wet la Lerida, and who, we us:-
dentand, will ere bog reseed thither with authority to
make ssme anaasemeas with the boodholders. Meantime,
Mr. MINN it. Mee 4111111 IS the subject of a occomuni-
eatioa tohlm gegesmt, and we wait your reply to oar
lamer of May, la white we forwarded to you the
mode to as by the Peruvian government for the lig=
of their debt,
11/IOLJPII
Bra Stock 1961 Wads. ha* 11.000, Mores fid..•
pie Ot. luta. Ame.,11.11 30 1 pro.
Wt. Ot. m. Ansa., g /re, preil, le& z. 1;
haft Pitord4l/14"4111111112 Ditto &rob. 14 1:
JUAN), 3f1.,
I=l6 tarAesaml.o i 6
0111111011 route. •
ipir asolllma Isst,ool 4 par 01. Pena& Da. Amt., 121
04 121MOMI Beak 11 It. *ll% tre.'l.l
5i..,..404
au Ont. Vesta Kida.ege. If
et. **W.. 44* *
11 par a POMPOM 77mde, fi 4 Per OL Omsk Ocediaitis. 7011
azmwrozs AND netts asamux
lumens, from L—llmorgailint 1e5%961
are'
11174444116. 17 gr.;
'2.814170°41wee ulna:a rat. 117.. par osou,,
Lk:7%libu4/13ort. 1, me . ewes 201Aia. tit=
me. se: this. =Milk fit: Art. 31. three montle;01M: