The Express.
London, England, 1847-09-17 00:00:00

LATEST INTELLIGENCE.

THIS DAY, Four o'Clork.

The proceedings of the Congress of All Nations,
which is at present assembled at Brussels,for the con-
sideration of matters of great commercial importance,
appears to be looked for with much interest through-
out Germany ; for its deliberations will not only in-
clude the general principles of political economy and
the application of free-trade to all countries, but will
also embrace the influence of economic changes and
unfettered commerce in promoting the civilization and
happiness of mankind. Upon these subjects discussion
has been courted, and the protectionists are under-
stood to be fully prepared. The first great meeting
of the congress was to be held yesterday, at the Hotel
de Ville. under the presidency M. de Brouckere. The
Due d'Harcourt, Compte Arrivabene, Colonel P.
Thompson, and M. Kamphausen, are the vice-
presidents ; and M. Victor Faider, and M.
A. Hardy de Beaulieu, the secretaries. It is under-
stood that, should time permit, the Post-office question
will be brought under discussion. Up to Wednesday,
the following distinguished personages had reached
Brussels : The Marquis Nichole Ridolphi, Member
et Delegat de l'Acadeinie Economique et Agricolc
de Florence ; the Martinis de Luigi Ridolphi,
M. H. Suringar, President of the Society of
Holland for the Moral Improvement of the People ;
Horace Say, Membre du Conseil-General de is Setae;
J. Baptiste Say; Campau, Secretary of the Chamber
of Commerce of Bordeaux ; Ramont de la Sages, Con-
seiner d'Etat, Madrid ; M. David, Professor of the
Copenhagen University ; 'Van Beeck Vollenhoven,
Member of the States-General of Holland; M. Anis-
son Duperron, Pair de France ; C. Dunoyer, Con-
seiller d'Etat, Paris; M. Guillaumen, editor of the
Paris Economiste ; M. Blanqui, Depute, Paris;
Thompson, M.P.; Dr. Bowling, NI.P.; Mr. Daniell,
M.P. ; Mr. Brown, M.P. ; and Mr. NPAdam, Secre-
tary of the Irish Flax Improvement Society. Many
others were hourly expected, including De La-
martine.

COURT OF BANKRUPTCY—Tun DAY.
Betore Mr. Cosarniadoner Sheppard.
IN RE THE TILING AND READING RAILWAY.—To-day
was appointed for declaring a final dividend under this com
pony. Mr. Lawrence said that the funds which had come
into the hands of the amignees were sufficient to pay a
dividend of 20n. in the 11., and interest at 4 per cent. on all
the debts paid, and there would he a surplus of 7,2001. divisi-
ble between the shareholders. Under the 7 and 8 Vic., c. 1,
5. 111, for winding up the affairs of joint stock companies, the
subscribers might be called upon to pay any deficiency, but in
this cast, fortunately, the expense need not be incurred, as.
instead of their having to contribute anything, they would
receive, at present, at least 11. per share, as only 6,600 thane
bad been taken up. There was also • lean of about 6,0001.
due from a stockbroker of high respectability, who would no
doubt pay, and also one from the Gloucester and Aberyst
with and Great Western Extension Railway Companies.
He (Mr. Lawrence) had also to remark, in order to coun-
teract an opinion which was very prevalent, and only kept
up, by parties interested, that the fees of the official
assignee were enormous in these large estates. and that
retorting to this court was a most expensive mode
of winding up the affairs; but in this ease, although
some sharp altercation had taken place on the subject, Mr.
Graham's charges were only 681. lle., although 9,3011. had
though his hands.—Mr. Lawrence also said that
rea:esd. Hill and Everill, the solicitors to the company, had
even up all papers, and afforded every assistance.—Hu
Honour held that Mr. Fordo, the promoter of the scheme,
could not prove against the company, but the final dividend
was adjourned fur six weeks, that he might petition the Lord
Chancellor, and for notice to be given for all other credi:ors,
if any, to corns in ; the dividend, &c., in the meantime, to be
paid on all debts proved.

AMERICAN CREDI7.—It is tthw
Co.,
settled
that the draughts of Prime, Ward, and 0., on fend house;
in Ibis country, will all be protected ; and it is believed that
none none yet remain to come forward of any importance as
regards meant, or with reepect to the protection of whish
there will be any doubt.—Yerningpaper.

Peek Steel!, that
Per CI. Md. Aare, Out
per Ct. Oaat. etaes..ll3l

Nof-A Bost.. & d
Fleet., Preston, & W.E.J.. 3/ d
Loon& York. 32/. (late Es.), 31 d
Lent. & York. Fifths (late W.
B. tJJ. li i

E. Lenehoshtre Qrs., 134.6 d. Ideal
Ot. Northern, 41 d
W. Riding Union, li d
Leeds and Think, 13i d

a,
SUSPENSION OP RAILWAY WORKS.--The -following
eiratilav bat been issued by the committee bf the Liverpool
Stock-Exchange, advocating a suspel,siba of railway works :
• Committee-room, Stack-Exchange, Liverpool, Sept. 11.—
a meeting of the COMmittee of the Liverpool Stock-
Exchange, held this day, in accordance with an unanimously
expressed wish of the entire body, to take into consideration
the present state of railway 'property, and to adopt each
measures as might be deemed desirable, it was resolved?—
' That in the opinion of this committle, the depression
of railway property caused by the extraordinary rents of
the last two years, ku been serionsly sagravated by the
insormoua sums which the railway companies have obtained,
read are still attempting simultaneously to raise from their
proprietors and the public, and that a perseverance in the
rears muss will perpetuate the embarrassments which exist,
set only in the railway interest, but in every branch of the
isiusery sad cessateree of the country. 'lt also appear' to
tab elevattrie that it is in the power of ta• Kemal railway
eampodan.loy a medial union amongst themselves, to devise
WolaelleSenew Wide shall afford prompt and effective relief,
awl be Me attiaatee of this end the committee very re..
31=1.11=he iniveilatattoionmseefrtoimn Lielendon.ous
at the eradr-
llest eresdrishis period, and take the subject into considera-
tion.' It INS farther resolved,—' That a copy of these reso-
lutions be tresmnitted to the chairman of the leading railway
companies.—D. Nintsou. chairman."
REAR-ADMIRAL ROBERT BLOTE, C.B.—This gal-
lant officer died at his residence, Ring's-ternsee, Southsea,
on Tuesday night, which sudden circumstance had so power-
ful au effect upon Mrs. Bloye, that she died in three hours
afterwards of grief. The gallant retired rear-admiral was
midshipman of the Marlborough, in Howe's action on the
glorious let of June ; commander of the Lyra, on the north
coast of Spain, in 1812 and 1813 ; in active co-operation
with' the patriots, particularly at the defence of Castro,
while serving on shore at the beige of St. Sebastian.

SOLDIERS AND SAILORS' LETTERS.—The following
notice was issued this mooing, by command of the Post-
muter-General. " General Peet-office, September, 1847,—
The letters of soldiers and sailors both in her Majesty's
service, may in future be forwarded at the reduced rates of
postage specified in the general instructions, whether such
letters are liable to foreign postage or not. The foreign
rates of postage, however, meet in all cuee be paid in
advance, in addition to the reduced rates st British postage."
SEVERE STORM.—On Wednesday evening, and
throughout yesterday, Liverpool and the neighbourhood was
visited by a severe hurricane. Several vessels in the Buoy
and the Channels ran on shore, but without sacrificing any
lives.
COMMERCIAL Rr MARKETS.

MONEY MARKET & CITY INTELLIGENCE.
Two o'Clock.—The cause of the heavy decline that
took place in Consols late yesterday afternoon, which
was about three-quarters par Cent., is no longer a
secret. The commercial community were this morning
made acquainted with the lamentable fact
of another gigantic failure having occurred in
the city. It appears that the old and very eminent
house of Reid, Irving, and Co., the senior
partner in which, Sir John Rae Reid, Bart, is
a director of the Bank of England, and was, some
three or four years since, governor of that institution,
has, after a severe struggle, been reduced to
the painful necessity of suspending its payments.
No idea can, for the moment, be formed of the amount
of the liabilities of the firm, but they cannot fail to
prove enormous. Its dependencies in the .Mauritius
alone are reported to be equal to half a million
stirling, and little will, it is to be feared, in the present
depressed state of trade, be made of the property.
The house was in trouble on Monday, and it was
hoped that, with the assistance of its friends, it might
have been enabled to right itself.
Consols have, in consequence of this event, been
done as low as 831 to .?; for account ; but orders held
by the brokers to purchase at a limitation having been
acted upon, the market has partially recovered. The
prices now quoted are 8.51 toy for money, and 831. to
for the account. Exchequer Bills, 2s. to 6s. pm.
The foreign funds arc neglected, and the quotations
remain nominal only.
&mousy TIMM
I 3 per et. Coin. At.. 11311 I
3/ per (lesio, shut
Taelmoquor Hllb, 2.3 to 61. pm.

hyper Ct. AMADetala. 214444, 44 6 1 per Orat. Oreeada Me, It 20
per Cs. Oreeada Dee
42 pee Orat. dine, kßoada, 33 4
4 per Ct. 14432raama .
MI, 11,4 4
$ per Ct. Bretalan 1144.,93 5 4 ser Ct. PrraDae Eds., 34 4
Ditto New. 32 4 Pottaiteme 03er. DU, 16 6
4 per CI. Ramo Ayrt4 DAL, 21 $ 6 per Ct. Hasda. Dda,lo4 6
Ditto 11,6009..4
111 2 Ditto Bpa.we Eta, frl it
Dina 031..0. Def. Nds., 3 per Ct. ameba Rde 134 W 4
Colombian Repreaor kik., 3 4 Pomba Deferred Ede.% 13 14
1 per Ct. llaalak Me., K. 1 apuise Pralre Deo., 4 2
24 per Cc Datc6 Me, $4 4 2 per Ct. YenerarLaßee, 34 3
4 per Ct. Cert. Daub, 344 74 Veaeraell Deferred BM . 11 4

RAILWAYS.—The market for shares has this
morning undergone a further severe depression.
Every description of railway property is on the wane,
and the aspect of the market is, in all respects, most
gloomy. Even at the quotations, many of which are
nominal only, sales are not to be effected.

SALES zniscrED UP TO TWO THIS DAT IN LONDON.
,Yesterdays prima will be found in last page),
Boat., Stunt, *am, se • North British, 283+
Oalsdosima, 30 Do. Third" 11 01
E. Counties, 181 17 North Staffurdahlre, 9 81
Do. York Eaten., 81 Oaf., Wor., and Wolf., 13 121
East Lancashire, 181 Reading, Guild., & Reigate, 8
Gt. Northern, 11 4 OhropsWre Union, 11 01
Do. Don. k York Ex., 1/ 8. E. and Dover, 311
GL 8. &W. (Ireland, 28 1 Do. do., No. 1, 191
Gt. N. of England, 2301 Do. do., No. 2, 12
Of. Western Qrs., 17/ Do. do., No. 3, 10 I
Do. Fifths, 24 Do. do., No. 4, 41
Lan. &Carlisle Thirds, 111 South Wales, 8
=Brigti., &S. Coast, 45/ 1 York & Newcastle, 31 j
sad Greenwich, 81 Do. Eaten., 14
Inn. kN. Western Qrs. New, 101 Do. Prof., 101
Do. UN. M., K. & 8., A, 91 York & N. Midland. 711 751
London &. S. Western, 571 8 Do. Extensioa, 37
Do. Tenths (Comet.), 31 Do. Prof., 1211
1410afrd. 113 111 Boulogne and Amiens, 13 121
Do. 401. sh., 43 2 Namur and Liege, 4
Do. 501. eh., 111 N. of France, 91 1
Illaireastle & Berwiet, 31 Orleans and Bordeaux, 3
De. New, 71
LIVERPOOL SAL
E. Lancashire New, 31 d
Lam. k York. Fifths (late W. R.
U.),
.k. 12. 16s. 3d. 11
& North Western (401.
sk., L. Y.). 221 p
=libeffik Lino. Pref., 1 P
114
Do. Halves, 1 p
O. Eastern & Dover, 33
Do. New (No. 41,14 d
Belfast k Ballymena, IR d

Le, Barran= 16.
Yo
(No.rk, Seeress.p , & Berwick Eaten.
1), 41
Do. N. & B. New eh., 24 p
Dublin & Del&st June., 14 d
E. Lincoln , 1 2-3rds p
Iluddernfield C. & 8., j d
N. Btalfortlehirsk 14 I p
Oxford, Wore., & Wole., 14 d
Shreini, °meet., & Chou. (101.
eh., suer. 8 per cent). 2 p

AS, Samisen 16.
Leeds, Dews., k Manch , 4 d
Man. and South., 1 d
N. Staffordshire, 11 6 p
York, Newe., & Berwe. Es. (No.
2), 21 '
firrreima 18.
Newe. & Beret. New, 26 p
N. Western, Pk. 735. d
N. Staffordshire, 30s. 6d. 916 p
N. British Thirds, 4s. 6d. Is. p
, Sarrairsaa 18.
Shrews. & Blr. B, Vs. 3d.
S. Staffbniddre, 11 d

firmware 16.
York and Newc. No. 2 (late New
ikerrke.), 74 U. 9r.
De. G. N. E. Pur., 101.9 e. 9d.
York & N. Mid. Pref., 121

3, Bcrewersza le.
at West New 177. it, 1 p
Midland New W. eh, UAW& p

__, Sternums 15.
Gt. Northern, 725. Id. 70s.
N. British Qrs., 5
Do. Thirds Reg., 225. 235. 6d.
Do. Thirds Snip, 225.
GLASGOW Snenissa 15.
Caledonian New, 19s. SALE Great North of hulls, I. 3d.
Dundee & Perth Cars., D. 10,.115. llan.kSouthamp., 146.6 d. 9d.
Edinburgh and Glasgow, 231.55. N. British Thirds, 249.
}din. and Newport New, 20e. Scottish Central, 26f. 12s. 6d.
Kil., & Air, Halves, No. 2, S. E & Doter, No. 4, sf. 2s. Id.
W. 17s. 6d. York & Newt. Pref„ 101. 150.

PRODUCE.—MINCING-LANE, Half-past Two.—
The public sales have been large to-day, Tn.: Sugar, 100
hhds. West India, 4,000 bags Mauritius, 3,000 bags -Bengal,
1,000 baskets Jays. and 500 labile. Porto Rico; Coffee, 1,600
bags Ceylon. 400 bales Mocha; Rice, 1.000 bags;
Pepper, 1,300 bags. Sugar is progessing steadily,
the importers meeting the buyers freely. Relined without
alteration ; lumps, 545. to 575. ; standard quality, 555. to
6.55. 6d.—Coffee going off without spirit, but without any
material alteration in prices.—Rice wu chiefly inferior de-
scriptions, and did not alter quotations.—Pepper : 1,000
bags good Malabar sold in public sale, at 2ld. to 215. per lb.
—Cotton dull.—Tea remains inactive; both buyers and
sellers are disinclined to operate until after the arrival of
the mail.

TALLOW.—The rumours of further failures tended
to depress our market yesterday ; and to day the announce-
ment of the stoppage of Messrs. Reid, Irvine, and Co., has
caused an actual decline of 3d. per cwt. The demand, how-
ever, is good, and, irrespective of extrinsic circumstances, the
propects of the Tallow market are favourable. Petersburg
Y. C. on the spot, 465. 3d. ; October to December delivery,
465. 6d. ; separate months' delivery, 465. 3d.

COALB.—Haff-poat Two.—The following are the
quotations :—Adair's Main,l7s. 6d.; Huddle's West Hartley,
18a. 3d. ; Can's Hartley, 18s. 3d. ; Eden Main, 20s. 9d.;
Basting's Hartley, 18s.; Walls End Braddyll's Hetton,
20s. 9d. ; Walls End Haswell, 21s. ; Walls End Hetton,
21s. ; Walls End Lambton, 205.9 d. ; Walla End Stewart,
211. ; Walls End Tees, 20s. 9d.—Ships at market, 84.

CORN. —Maria-,Lssa.--Our 'applies of grain this
week hays been man moderate than of late; the few small
parcels allagilat Windt keit op SIM* Monday, sold at M.
to as. par qr. mixis sr/mem on that day. For Foreign
Wheat there was a ask Inland at a Madan improve.
mint in value, bat Om extent of basins., trans-
acted was not so lugs as cm Wednesday. Bar-
»fled Flour mast par banal higher, 295.
being now So "alas sf St fibms kook Bszisy dull, sad