The Express.
London, England, 1851-01-23 00:00:00

LEEDS, January 22.

Broca. Exert/Accts.—The business done this morning
was to alu g*. tatent than for several days put, and the
clung prises are a shade higher. Sales East Lanes.
shire, 6 at 121, 2at 121. 13s. 9d. ; Yorkshire Buking Com.
pun shares, 41 • Luds and Think, 2 at 131, 13/,
134.6 a. 3d. ; Taink Extensions, No. 3,15 s. dia. ; Lanca-
shire and Yorkshire, 611, 641 : 501. Midlands, 201 dis.;
Soith Eastera and Dover, 23, 231; Great Northers', 2at
161 ; Load= and North Western stock, 1231.

LONDON AND &VTR WILSTRAN rAILWAT.--Anciant
of male for die week Nadia( an. 19 :—Peeengers,
6,3651 6e. 6d. ;_goode, 1,8851 13'. 61. Total, 8,2601. 19e. 9d.
MIDLAND BAILW AT.—Tradie return of week ending
Jan. 19, 1861:-19,6851.; do., Jan. 20, 1860: 18,4481.115. 6d.
Aggregate-1660: 63,6961. Be. 11d.-1861 i 68,7061. 16e. 10d.
NORTE NTATTORDIRIRM RAILWAY.—MIMIC retain for
railway and easel foe week ending Jan. 12:-4,3631. Cor-
responding week last year :-3,1461. Eaeltudve of nenpis
under the Loudon sad North Wotan sposnost.

MONEY MARKET.

THIS DAY.

Two o'CLoCK.
The English stock market opened well this morn-
ing, at a farther improvement of additional steadi-
ness being imparted by further purchases on account
of the Sinking Fund. Other satisfactory considera-
tions are found in the steadiness of the exchangel at
Paris and elsewhere, as advised by this day's arri-
vals, and in the continued inaction of the Bank of
England, though this latter is only what was gene-
rally expected. It may be observed, however, that,
with the cessation of the active operations of the
morning, the general feeling of the market is at this
momenta shade weaker.

Consols were nominally quoted, at the opening of
business, 961 to for money, and 961 to for the
account. The operations on public account were
effected at 961 for cash; and the price is at this
moment called 961 to a, both for cash and 12th Feb.
The prices of actual transactions, as officially re-
ported, are: Three per Cent. Console, 961, a.
'
ditto for account, 961, 4. Three per Cent. 11-..dnoed,
971, !„, 4. New Three-and-a-Quarter per Cents., 981,
99, 981. Long Annuities, 1860, 7 13-16. South
Sea Old Annuities, 961. Bank Stock, 214, 2141.
India Stock, 268, 266.
Exchequer Bills are steady, with business in ail
descriptions at 565. and 595. prem. India Bonds,
large and small, have exchanged hands at 735. and
70s. prem.
. . . . . . . -

The business in the foreign stock market is chiefly
limited to a few time-bargains in Pervian Bonds,
which have receded, the Four-and-a-Halt per Cents..
having been sold as low as 773. Other stocks are
unchanged in value, and attract little attention. The
sales of the morning are limited to :—Belgian
Four-and-a-Half per Cents., at 92. Danish Five per
Cents., 102. Dutch Two-and-a-Half per Cents., 571,
58, 571; ditto Four per Cent. Certificates, 911. Equa-
dor Bonds, 31. Peruvian Four-and-a-Half per Cents.,
for the 31st, 78j, 773, 78; ditto Deferred, 333, 32.
Russian Four-and-a-Half per Cents., 96t.
The repeal of the English Navigation Lawn is bear-
ing its fruits. In July the Chilian commonwealth
repealed its navigation laws, and now, by decree of
12th November, it imposes an additional tonnage
rate of 6 reals per too, and additional import duties
of 10 per cent, on vessels of those nations which have
not reciprocated the repeal of the Chilian law. This
will put the screw on the small trade of some of the
South American states, and ace lerato the course of
free trade, and it will likewise give a lesson in Europe
to France and Spain, the last strongholds of protec-
tionism.

Some days have now elapsed, and although on the
arrival of the Mexican advices through the United
States it was announced in one of the official organs
of the Mexican committee that a sum was lying to the
credit of the bondholders at Vera Cruz, no communi-
cation has been made to the press generally. What
can be the reason that every publicity is not given to
information in favour of the bocdholders, while it is
given to rumours unfavourable to them, we cannot
conceive. The bondholders are likewise left quite in
the dark whether any advices have been received
overland from Mr. Falconnet ■s to the probable
arrangements of the finance ministry—a matter cf
considerable interest to them. If Mr. l'ayno remains
in office the agreement will of course be carried out;
but if same one takes his place in the new cabinet of
Gen. Arista, difficulties or delay may perhaps arise.
Tomorrow the tenders are to be sent in for the
British Guiana loan of 70,0001. at 4 per cent.
The arrears of interest now due on the Manchester,
Sheffield, and Lincoln 101. preference shared are
11. 21. 6d., but 59. is to be paid off this year, and
tbere is a good prospect of punctual payment after-
wards.
On Monday a rise took place at Paris in the ex-
change on London, and this has since been main-
tained. The last quotation is 24f. 95e. at short, and
24f. 774 e. at 90 days. There is no variation in the
quotations of billion, and no material alteration in the
rates of exchange on other places.
A Mr. Ross has arrived at Seville with a pro-
positioe for a steamer to navigate the Guadal-
quiver from Seville to Cordova. As yet steam
navigation stops at Seville; and although there
is much intercourse by this mode of conveyance
on the Lower Guadalquiver, the presumed difficulties
in the upper river have prevented any attempt to put
boats on it. Mr. Ross says that his boat, which we
presume is like those that navigate the Ganges and
the shallow upland rivers of the United States, will
work to Cordova, without requiring any alterations
in the course of the river. lie proposes to bring down
agricultural produce at one quarter of the present
rates. From what we can understacd he has a
steamer at Seville, and proposes to make a trial trip,
with a cargo of wheat, from Cordova to Seville.
There are said to be serious intentions of laying
down a telegraphic line from Madrid to Cadiz. In-
deed, if the Spaniards proceed in their present
vigorous fashion they may soon be on a par with Eng-
land as to the electric telegraph, though that is not
saying very much, as we are so miserably behind-
hand.

The following letter from San Francisco, received
by a highly respectable house in London, is interest-
ing as containing some trustworthy evidence on the
subject of gold quarts, which excites so much interest.
San Francisco, Nov. 20.
I imagine in a letter from California the first thing to
speak of is the gold ; but I have only the same even
story to tell, that new mines continue to be discovered, and
mining generally pretty successful; but if the recent die
muralist the anoint of gold in the quern rocks turn out
half as much as every one believes, mining is yet in its in-
fancy, a fraction has not yet been obtained. What is got to
what is expected le u a drop to the ocean, a rushlight to a
sunshine. I have myself seen several large lumps of quays
rock in which there were vain, of gold from 14 to 1.16 of an
inch thick. At present we are cheap's-Anted in the amount
taken out, although it is calculated to amount to from ten to
twelve millions of dollen a month. For the last six months
30,000,000 dollen was manifested by the steamers to Panama,
independent of what was taken on private account, which
could not be much leas than a similar amount; sod
when to this is added what was sent to China, Sreth Ame-
rica, the Australian colonies, tke., and what was retained in
the country for a currency, the total amount will certainly
not be under 50,000,000 dole, in six months, or 100,000,000
dot per annum ; and when to this is added the mineral
and agricultural resources of the country, we are bound
to go ahead. It is, however, quite • mistaken no.
tion to suppose that every miner is earning his ounce per
day. I think 3 dole. or 4 dolt. is about the daily
ge. Some make much more, tome lees. Beyond 3
dole per day, which any man can earn, it is a game of
chance to play, for those to be more highly favoured. A
man may labour for six months, and no more than earn a
liberal wage, and just as he is about to despair, pounce
upon a lucky pocket, out of which he may bring 10,600 dole.
in a day.
The extraordinary progress of this city is one of the
greatest wonder. of recent times. Already we. have a
population of about 50,000. The place was never
Intended
by nature as the site of • large town. Large halls and bluff
rocks cover the principal puts, but man is doing what
nature omitted to do, levelling enormous sand beaks, and
filling up immense cavities. Miles of rock, at least 40 feet
high, are being levelled. The streets are being planked, and
a planked road for four miles is going on. Similar inroads
are being made on the domains of Neptune. Wharves are
being extended into the bay, one of which is upwards of
2,000 rest in length, and cost about 260,000 dollars There
are ten others about finished, and altogether we have about
two miles of wharf way at a cast of 2,000.000 dollars.
Harbours are being constructed in which a 74 can lic.
Piles are being driven in 16 feet of water, and houses
I erected thereon in which • large proportion of the inhabi-
tants reside and have their warehouses. Wharves are being
made where ships lie at anchor. In short any person who
so rapid are the changes, so wonderful
may leave the town for a month will scarcely know it
rOvement !
thigeOlinunarahia,°l.lfYismumPhealthy,—mild or windy in summer, and
rainy in Toter, but not cold. Dysentery is very common,
but this is said to arise from the water mixing
with ;the surface drainage. This is being remedied by
sinking deep wells on the artesian princip4. The
stagnant pools and filth in some quarters are enough to raise
cholera in any place. A hot Inn playing upon thew pro.
duos a miasma that would kill a " yellow drummer." Still
we manage to do without doctors. What a blessing I The
idea of pal log 1,000 dole. fee is not by any means pleasant.
Such is the charge made by these gentry in certain oases,
i.e., " if they get it," us Coker says. It is quite • mistake to
suppose we are all millionaires because we are in a gold
visconnit. try. The doctors are well (*Went with 10 or 16 dole a

As to society, much may be said to amuse or grieve. We
are a heterogeneous mass of all castes and nations, of ail cha-
racters and complexions. The daily mingling of tensors in
our streets is one of the most striking characteristics of the
place. The g I contour or cut of features is sufficient
index to the nation of birth and boyhood.
Pertain the blackest page of American California is the
history or lives of .he females in our midst. Husbands
arrive here with their wises and families, but they are not
generally long on elyire when their better halves cut con-
nexion for other and richer men ; so tat the poor dieconsu-
late husbands, instead of mining for gold, have to nurse their
" wee um" Young dams, b, however ugly or deformed,
are soon picked u. and spliced. Fire and sword era no
barriers to men's p Mien' here, nor is age a presto "
The same house, we learn, is authorised to open a
floating policy for 300,0001b5. of quicksilver from the
mines of New Almadin, in South California. The
supply of this quicksilver to the Pasco and other
silver districts in South America is of the greatest
importance in raising the yield of silver ores. In fact
it will give an imputes to silver mining such as it has
not received since the genius of the great Trevithick
revived the workings of the overflooded mines by
setting the first steam engine to work on the heights
of Plano. Trevithick's labours have borne their trait,
and sow an ample supply of steam machinery enables
abundance of ore to be raised, but its reduction in
the amalgamation process by a cheap supply of
quicksilver is the stage to which a stimulus must be
applied to increase the yield, and ivhfih the discovery
of the cinnabar mines of California promises to afford.
The effect of the large supplies which the New Alma-
den mines promise will be to reduce the monopoly
price of the quicksilver of Almaden, Janie, Manes-
relics, and the other seats of production. To Mexico
the benefit will be great, inasmuch as Zicatecar,
Guanaxuato, Sonora, and the other mining districts
will derive their supplies from the ports on the
Pacific, from which the communications are more con-
venient, instead of from the ports in the Gulf of
Mexico.

The new Eastern Steam Navigation Company,
which was announced in the Daily News (and
thence copied itto the Express) of December 23
as in projection, has now advanced a step further—it
is prov'sionally registered, and has issued its prospec-
tus. This document contains a fair and unexaggerated
statement of the accommodation ac.ually afforded to
the public, in respect of the conveyance of mails, pas-
sengers, and goods, by the overland route under
existing arrangements, and of the additional accom-
modation contempiated by the company. The names
of the provisional directors are sufficiently known in
the mercantile world to afford a fair criterion of the
prospects of the undertaking. This, too, we may
add—that the broach c:ramunication between Cal-
cutta and China, under proper management, is cer-
tain to be amply remunerative, and that the mum
voted by the New South Wales legislature towards
the establishment of ocean steam mails is open to
the competition of private enterprise. This, too, is im-
portant; the judicious and successful management of
the Austrian Lloyd's affords strong presumptions in
favour of any enterprise in which that company
takes a pecuniary interest, and allows two of its
directors to be actively engaged. In connexion with
this subject, a representation made to the directors of
the Peninsular and Oriental, by the passengers to
Calcutta in December last, is highly instructive, as
showing the want of a healthy competition in the
steam navigation of the Easters seas.
The subjutned calculations show the rate per cent.
per annum yielded by tl:e various securities cited at
the average of toc prices which ruled this day.
Where the asterisk i•) is placed it is to be under-
stood that the share rate of dividend is less the in-
come tax. It wi.i he seen that in every case we take
the rate of dividend last declared as the basis of oar
calculation :

Three per Cent. Consols aver.y.c price 91 field per cent. E 3 2 '1
Date per Cent. Reduced :171 3 Af
Siew,ltars-antl-aQuiirter per Crate OBl S 5 of
a
bank stock (die. 7 per cent. per non.) 71:, 3 .1 ft
a
India Stock Oh.. 10f per apt. pa, an.) 7ti73 3 IS
It
liscliequer Bills (lnt. lid. per day)...— SM. pm. „ 3 -I 4)
Eastern Counties Shares .(half-yearly
die. 2a. pee at. of 201., equal. to 1 per
oenL per ann.l
Greet Western. .Clo 9 sb. (dlr. at the
rate of 4 per cent per ann.) . -."" 79
: latrasblre and Yorkshire FIN

3 l;
9.

IP 5 I I

es 3 11

tadt•.(tli)v.. at the rate of 2 peraMi
am.
Londonper St broth Waters* Stock (pro 56
bable Wherein dir. at the rats
ot 1 per Net. per ana.) so .
London tea Nara Vfestern• Stock (di
. .. . .

at the rate or 5 per cent. per rum) 124
Midland• Stock (dl•. et the rate of

5 0 I

a 4 0 if

$ 6 8

11_13 3

TU.; lie. iteret.'pee am.)
South,lSeeteer Moak (.11y. at thy tate
o 1 3 per tee. pep ann.! U .4
6ettiLll4ll YUND2I.—Tun Dee.
fink Stork. 211 15 1 3 ter Meow Ace.. 26. i 1
3 per Ct. Hot. Aues.,-971 é 31 per etc teg i
3 pet GC Goa. Aunt.. 2,34 4 Weebeeser thes,Sem. to 53t.
a tiittZlGS VUN Lid.
3 pet Ct. Austrao 80a,L., • 1 per et. Unmade We, 17 14
49 Per et. neap. Beath. 21) 2 Gnats letterreol Oda., 31 4
21 tx+egaL. ...
~... 15 per et
.1..1..114...33 1,

,t:i."31,6.01 11,16.. ta 90 ' .-35.7-rt CZ. 10;&41-41-11.1;. 'FS 0
yaw New, ela 9 rortmiume Way.. 34 6
...Mt:L. Buenos Ante, 44 3 6 9410 Ct. bun. 814..111 U
6 per ct. Cl:Man 1111, 19.1 5 Ditto apaulA 11414.. 14 6
talta Cattuab. U. bac. 3 Qat CL apanbtlt 1614..376 114
Columbian 10404.104 1.114..32 2 1/45. Datrred Ma.
3 tvr Ct. Omuta lids.. 16 9 Latta l'a.ava 1448.. II i
per .:t. Dutch b,1..471 a .12 per CL Vonzat.la bd... 90 2
4 par CL Dinah Cam.. 941 1 I V•11.3.41.31x INA. thl BOLltlit 11 19

COMMERCIAL AND MARKETS.
MINCING-LANE.—THIS DAY.
SW:AlL—There bat not bean a public sale to-dey, and
yesterday's qnotations are unaltered. The refined market
dull.
COFFEE.—It is very rlAnilt to quote prices, so unsteady
is the market. alter business hours yesterday a forced sale
of 200 bags of good ordinary native Ceylon wee made, at 475.,
but no sellers publicly appear at that price. The public sales
are progressing heavily, a large portion buying in; the
plantation Ceylon • ill not be over until late in the day.
COCOA.-130 bags Bahia offered and bought in, 31s.
TEA.—This article is unsteady. Late yesterday common
Congou sold 111 cash, Ili short prompts,; to-day there ap-
pear to be buyers at llt cash.
Russ.—Tits market remains inactive.
Corron.—No sales reported.
In other articles so material alteration, but our markets
generally dull and inactive.