The Express.
London, England, 1853-12-22 00:00:00

BY ELECTRIC TELEGRAPH.

- -.-
GRAVESEND, TurRIDAT, 10 A.Y.
CUSTOM'

Wind E., five Lours' ebb, cloudy, and strong
breeze.

Arrived.—Bullfinch, from Gothenberg ; Echo, from
Cronetadt.

Sailed.—City of Rotterdam, steamer, for Rot-
terdam.

DEAL, THURSDAY, 9 A.M.
Wind E.N.E., blowing very strong.
No arrivals.

Remain.—The Young Turk, for river; the St.
Patrick, for river; Elizabeth, for Newcastle.

REMARKABLE RAILWAY
of a most extensive and dangerous character occurred on
the Exeter and Crediton Railway on Monday night. The
heavy rains which fell during the whole of Sunday and
Monday caused all the stream, in the neighbourhood to rise
with a rapidity unknown for many years, and towards the
evening of Monday the water begin to rise over the rails, a
short distance from Crediton, end swept forward with so
much force that it was found utterly impossible to run over
the line between Crediton and Newton, a distance of about
four miles. Unaware of this state of things, the 6.35 p.m.
train left Exeter for Crediton, and proceeded as usual with
the passengers to the Newton station, when, finding the line
blocked up, the engine was reversed, and proceeded back to-
wards Exeter. It had not gone far, however, before the
earth which supported the rails gave way, and the engine
was embedded in the mud. The fright of the passengers
was heightened by the darkness of the night and the rush-
ing of the waters, which swept by with great force. Every
exertion was used by the officials to extricate the carriages.
Horses were procured as quickly as possible, but with great
dliticalty, and the passengers were ultimately drawn back
hn Newton, but not till after midnight. The rain all this
dem fell in torrents, ►od the water continued to pour down
Om valley with increasing force. Fortunately, none of the
peeseagen were seriously injured.

accident

Console opened at 941 to ex div. for the 18th
January, advanced to 941 to 95, fell to 941 to 2,
and had rallied at the official close to 94.1 to 1.
Subsequently, however, the quotation was weaker
again, at 941 to Z. The official business report is
as follows :—Three per Cent. Consols, for the open-
ing, 18th January, 941. a, ' ex di,. Three
per Cent. Reduced, 941, 93, 941. Three-and-a-
Quarter per Cents., 961, ik, 1. Long An-
nuities,lB6o, 51. Bank Stock, 219, 220.
Money was in increased demand in the Stock
Exchange, and was borrowed at as high a rate as 5
per cent. on government stocks; the current rate,
however, was 4 to 41 per cent.
Exchequer Bills were dealt in at 2s. to ss. and
3s. to 6s. prem., being rather firmer. India Bonds
remain quoted par to 3s. prem.
In the foreign stock market the chief feature was a
further rally in Peruvian, the Four-and-a-Half per
Cents. closing 2 per cent., and the Three per Cents.
1 per cent. better than yesterday. The strong oppo-
sition manifested to the proposed new conversion
scheme of the Peruvian government gives encourage-
meat to holders of these bonds. Other stocks are
scarcely changed in price, with a very quiet business.
At 4 o clock Mexican Bonds were quoted 241 to 25.
Peruvian Three per Cents., 47 to 49; ditto Four-
and-a-Half per Cents., 68 to 70. Sardinian, 90 to 92
ex div. Spanish Deferred, 221 to Z ; the Certifs., 3
to 51 per cent. Russian Five per Cents., 112 to
114 ditto Four-and-a-Half per Cents., 98 to 99.
Granada Active, 21 to 22 ; ditto Deferred, 71 to 81.
Sales are marked as follows :—Dutch Two-and-a-
Half per Cents., 641, 63, 641 ; ditto Four per Cent.
Certificates, 96.::Equador:Bonds, ak. Greek Bonds'
(blue), 7. Peruvian Four-and-a-Half per Cents., 671,
691. Portuguese Four per Cents., ex all overdue
coupons, 401. Russian Five per Cents., 1131, 1 ;
ditto Four-and a-Half per Cents., 98. Spanish Old
Three per Cents., 461; ditto New Deferred Three
per Cents., 221.
There is a good demand for money in commercial
circles, and the general rate for discount of good
paper seems to he about 5 per cent. On first-class
short dated bills, however, lower rates are accepted
by discounters.
Shipments of gold continue to be made to the con-
tinent, but the demand for export is far from active,
and by far the larger proportion of the 183,000 ox.
brought in by the steamer Victoria, from Australia,
e ill probably be presented for purchase to the
Bank of England. This gold only became deliverable
to-day.
The Tartar has arrived from Sydney, which port
she is reported to have left on the 28th August.
This vessel is understood to have on freight 16,711
ounces of gold, valued at about 66,8(101.
The African Steam Navigation Company's steamer
Faith, for Africa, takes out 8,0001. in specie, 3,0001.
of which is silver, and the rest gold.
A meeting of the committee of Spanish American
bondholders has been convened for Wednesday next,
to consider what course should be pursued to protect
the interests of the Peruvian bondholders under the
circumstances already referred to in the Daily News.
There was a rise of 15s. per ton to-day in hemp,
fcr which at the close of business there were buyers
at 36/.

In Mark-lane, to-day, the supply of home-grown
corn was moderate. The foreign arrivals since last
Saturday are rather large. The tone of the market
was firm at Monday's rates; but, owing to few
buyers being in attendance, not much business was
transacted. For floating cargoes, extreme prices
were asked, but few sales took place. Several car-
goes just arrived off the coast are on sale. From
all the provincial corn markets held yesterday, an
advance is reported, vie., it Liverpcbol, 6d. pet
in wheat, and Is. in flour; at Hull, 3s. to 4s. per
qr ; at Newcastle, 2s. to 3s. ; at Ipswich, 4r. to 65.;
at Dublin, Is. Most of the French markets report a
farther rise. At Paris, the top price of flour is 106 f..
or about 695. per 2801 be.
The half-yearly dividend falling due the Ist
January on the State of Alabama Five per Cent.
Sterling Stock, is duly advertised for payment by
Messrs. Gowan and Marx.
Messrs. N. M. Rothschild and Sons advertise the
payment in due course of the dividend falling due
the Ist January on the Five per Cent. Austrian Loan
of 18.52.

The shareholders of the Dutch Rhenish Railway
Company are entitled to receive a distribution of
lft. 20c. after the 11th January, out of interest
saved.

The vessels of the General Steam Navigation Com-
pany have for the present ceased running to Hamburg
and Rotterdam, those ports being rendered inaccessi-
ale by the ice.
The extensive railway contractor, Mr. George
Rennet, will come before the Court of Bankruptcy
to-morrow for his last examination. The accounts
which have been filed in the court are extremely
voluminous, and show an immense amount of trans-
actions. The sum owing to unsecured creditors is
stated at 343,3421., and to those holding security at
79,3921., besides 16,9191. of liabilities. The assets
are also large, consisting of 80,7861. in property, and
66,5211. in good debts. Mr. Hennet had a surplus, on
the let ofJanuary 1849, of 146,3421., and his losses
are stated at the enormous sum of 301,8871., 49,860/.
of which is from bad debts. The assignees are under-
stood to have expressed their approval of the ac-
counts, and it is expected that the bankrupt will
pass his last examination without opposition. This
is the largest case that has come before the court for
several years.
To-morrow is also appointed for the last examine-
, tion of Mr. Thomas Hutchings, another railway
contractor, also iu as extensive way of business.
His unsecured debts amount to 63,9661., and the
assets in good debts, property, and amounts receiv-
able on works, are stated at upwards of 60,0001.
Both the cases will be heard before Mr. Commis.
sioner Faue.

We are informed that the accounts received at the
London agency of the Great Western Railway
Company of Canada are most satisfactory, A por-
tion of the line was opened early in November, and
the managing director writes:

The traffic Is now being conducted with great regularity,
and is increasing beyond my most sanguine expectations. I
and that my views of 'he traffic will be much more than
realised. In consequence of the weather, and the difficulty
that has clisted during the past seaman in getting iron
brought from Quebec, our track will not be entirely coin
pleted to London until the lath inst. (Dec.), very soon
after which we shall c momenta to run trains. I believe
that on Christmas•day I shall be able to take an engine
from the Falls of Niagara to Windsor, the entire length. of
the line.

I am now making arrangements with the New York

There has been a moderate amount of business in
the British Mining share market to-day. Many
shares continue to meet with enquiry, whilst few
sellers are offering. There is still a disposition to
buy the shares of the English mines in which gold
has been discovered. The sales reported are :—North
Pool, at 2323; East Pool,lBo ; South Frances, 217! ;
West Providence, 341, 353 ; Alfred Console, 243, 25;
Stray Park, 11, 3; Carvannal, 8, 9 ; Tremayne, 9,3;
Mill Pool, 61; Wheal Uny, 11,; ; Clijah and Went-
worth, 63 ; Wheal Henry, 4 ; St. Day United, 2, 3 ;
Cubert United, r; Quintrell Downs, a ; Ferran
Silver Lead, 3.
The gold mining shares remain neglected, and de-
void of feature. At 4 o'clock Colonial Guld were
quoted 7.16 to 9-16 prem.; Great Nugget, par to 3
prem.; British Australian, 9.16 to 7-16 dis. ; Agua
Fria, 3to 3 prem. ; Nouveau Monde, 5-16 to 7-16
prem.
In other stocks the chief feature was a fall of 2/.
in St. John del Rey shares.
Peninsular Mining shares remain steady at 13 to
If prem., and Metcalfe Copper at 3 to 13 prem.
The nominal closing prices of new undertakings are
as follows ;—SouthDevoa Consols, lto prem. ; Lewis
Hill Range, 3 to I die.; Clarendon (of Jamaica)„'--, to 3
pm.; Britannia Gold, a to 3 per share; Mount Carbon
Coal, 3 to a dis.; Rename, par to 3 prem.; Conne-
mara, f dis to par; Glenaulin, to f die. ; Austra-
lian Mutual, 3 to a dis.; Poltimore, I to a prem.;
Great &tuts, to 14 pm.; Garnett and''Moseley, Ito
1 prem.; Sue River (of Jamaica), A dis. to k prem. ;
Metcalfe (of Jamaica), 3 to 13 prem.; Adelaide Land
and Gold, 1 to Of dis. ; Australasian Coal, 3 to
die.; Liguanea (of Jamaica), 3 to 4 dis.; Port
Royal (of Jamaica), 1 to 2 prem. ; Chartered Aus-
tralian Land and Mining, 3to 4 dis. ; Australian
Consols, 3 to 4 die. ; Fortuna, 3 toll prem. ; Lacka-
mor Copper, 3 to 3 dia.; Obernhof, f to a pm. ; Glad-
bach Zinc, par to 3 prem.; San Fernando Silver
Lead, par to 3 prem. ; London and Virginia Gold and
Copper, par to 4 prem. •, Peninsular Mining, 13 to la
prem.; Great Hewes United Tin, par to 3 prem.;
Cologne Lead, a to ;;die.; Monarch Gold, 3 to
die. ; Jamaica Copper, 3 to 3 pm.; New Linares,
1-16 die. to 1-16 prem. • Melbourne old, 3to dis. ;
New South Wales to die.; L'Aigle d'Or, a
to dis.; Albion Gold, 3to 3 die. ' • Dhurode Copper,
4 die. to a prem. ; Knoekatrellane Copper, a to I die:.
Carberry West, 3to dis ; Golden Mountain, 3to
dis.