The Express.
London, England, 1853-12-05 00:00:00

JOINT STOCK BAN]

Cleans
No. 816. BASEL Pd. frordity.l tona.°46
... ; Oilk 111 Lora On a _
64.
:al at Istlla,Alts.: 6 402 dir ' I
Ar-
ad Cdal a 2 : IMs
of Lisadge... i2) 334
ia m
10.
10 rinisil"" .Art.' 151 :4 -1
poi 16/
ea .60 Loudon llO - -
60.000'100 London 26 - -
10,000100 , Na6l.mai . or= 35 - Clt
-
10,00 a 2) ,Do. 1f0ty...,=, tlO -•.-
10061 60 INallanMe4 -
20.001 20 ,ErZiotrali 2 = -
33.87 25 • Corporation 4B SO
20.000100 i' of Ifdlad 25 -. 40/
4,000 10 'Do, Now sll ..
40,000 6 'NOTaI Australian Hooking
I mad Gold Imp. Co ll 1 dis gas
8,000 26 South *unrolls - -
20,000 26 .lialen of Australia all 73 75
8,01 .. iDo. New.. 24 74 83
8000 W"Valois of London lO - -
16400 40 I Dana of Nadrkl.... 1 all - 1
1118CELLANEOUP.
Closing
I 1 talon 1 Bvidnen does
No. 811 MISCILL1111101:01. !Pd.. Sattuday.. today.
—. — ---1-..-..-..--
32,606 5 AulAn Coal and Iron I 5 - -
NAPO 14:1.1tistrallan Agricultural 174 40 42 '42 34
12410 AVlalflaliall Podia Mail 14 , - -
10,000 10 Australian Royal Mall . ' B,' - -
35,000 10' Hahn Woterwork_... ~, 24, - -
. 1 60,1tritin American land- 34 66 70
144001 6111n1.14 Col. dm.hßodue.Co 1 - -
10,00000 100,Camida
01 blOryotal Palace , 6 1g 2 pin
60,000 4 Do. New . i 24 11 11 pat
130.000, 4 Canal esaaie*Oi Piniei 1 2 - -
10.0001 20 120101112 Blown ' 3: - -
13.00 u 26 ideeloie TelogllP3 • ...1A): RO. 17 19
12,000 26 Do. I& , 15. 12 14
20,w0 1610eneral Sewn Navigation.' 14 - -
_. „ 2.0 General & & Slipping C0..1 18 1 - -
11,0-..a20 Irish Doetroot Sugar . .1 74 - -
10,000 2601Magdalona St. Mindanao_ .. 1 6 - -
6L,000" 1 NMionol PatentStrounruel ad - -
&DAV 1 Nothodesels land . ....... 1 13 Ot Ws
76.0% 212.8. Wales Calumniator.
Stains Navigation Co._ ..I 1 - -
113.716 1 North WINO Aorttalaristo all i Ipm
0040! 1I Do. New . ... a
25.0001 12 North of Na.M;ln Brio , 101 - -II
120,1100 a
PPen River Load St Mineral all 1 f pia W
2000 Pk enland& A Orindel elan 213 - - TX
lopv, 101 Do.
NOW "Portland frau Onagany .. a 0 - .- o
14,810 100 i Royal Mail Norm ........ 60 - .- 143 2
190,001): 1 &cairn Attar. Investment all 0r 1
12.700' 254outh Australian Land.... 26 136 .11
150,000° I,Sublearine Telegraph Scrip, all 14 Ms par 1
16,11001 IvelVan Diemen** land ......1 Nil 144 154

How TO RUIN A NEIGHLOVICS BUSINESS.—
Some time since (so runs the current narrative), the owner
of a thriving mutton-pie concern, which after much diffi-
culty he had succeeded in establishing with burrowed capi-
tal, died before he had well extricated himself from the
responsibilities of debt. The widow carried on the business
after his decease, and throve so well that a speculating
baker, on the opposite site of the way, made her the offer
of his hand. The lady refused, and the enraged suitor,
determined on revenge, immediately eoaverted has baking
into au opposition pie-shoo ; and acting on the principle,
universal among London bakers, of doing business for the
first month or two at a loss, made his pies twice as big as
he could honestly afford to make them. The consequence
was that the widow lest her castom, and was hastening
fast to ruin, when a friend of her late husband, who was
also a small creditor, paid her a visit. She detailed her
grievance to him, and lamented her lost trade and fearful
prospects. " Ho, ho !" said her friend, " that ere's the
move is it ? Never you mind, my dear. If I don't git
your trade agin, there aint no snakes, mark me—that's
all '" So saying he took his leave. About eight o'clock the
same evening, when the baker's new pie-shop was crammed
to overflowitig, and the principal was below, superintending !
the production of a new batch, in walks the widow's friend
in the costume of a kennel-raker, anal elbowing his way to
the counter, dabs dawn upon it a brace of huge dead cats, I
vociferating at the same time to the astonished damsel in
attendance, "Till your waster, my dear, as how them two
makes sizand-thirty this weak, and say I'll bring the
t'other four to-morrerarternoon !" With that he swaggered
out and went his way. So powerful was the prejudice'
against cat•ruutton among the population of that neigh•
bourhood, that the shop was clear in an instant, and the
floor wui covered with hastily abandoned specimens of
every variety of segments of a circle. The spirit shop, at
the corner of the street, experienced an unusually large de-
mand for "goes" of brandy, and interjectional ejacula•
tions, nut purely grammatical, were nut merely audible
but visible too in the district. It is ay. reed that the inge-
nious expediint of the widow's friend, founded as A was
upon a profound knowledge of human prijudias, had the
desired effect of restoring the " balance of trade." The
widow recovered her commerce; the resentful baker was
done aa brown as if he had been shut up in his own oven;
and the friend who brought about this measure of justice
received the hind of the lady as a reward fur his interfer-
ence.—Coriosteles et I.ondon Life.
NEW FRENCH WAR STEAMERS.—The following,
vessels were luuoched on Friday, viz. —At Cherbourg, the
Beaunnnoir, brig of the let class ; at Brest, the Duquesne,
screw line of-battle-ship, with engines of 850 horse-power ;
at Lorient, the Annihal, of 100 gun•, and 8.50 horse-power ;
and at Toulon, the Flea:ate, Roo gun screw-ship, and Gif)
horse-power.

It may be of interest to many persons connected
with the money and stock markets to learn that the
total amount of South Sea securities paid off under
the offer of government to pay at once, charging a
discount of 3 per cent., is only 173,0941. 10s. id., of
which 139,6021. 14s. 1 Id. consists of the New South
Sea Annuities, and 33,4911. 15s. 2d. of the South Sea
Three per Cents. of 1751. The same offer applies to
a third stock, viz., the Bank Annuities of 1726; but
the Bank of England authorities, we are sorry to
find, refuse to give information as to what amount of
this stock has yet been paid off. The aggregate
capital of this stock, however, prior to the broaching
of Mr. Gladstone's conversion scheme, was under
700,0001. The aggregate amount of the three stocks
for which the Chancellor of the Exchequer offers
prompt payment being 2,380,0001., it follows that very
few holders have shown themselves disposed to accept
the offer. As the transfer books of the two descrip-
tions of South Sea Securities above specified were
finally closed on the Ist inst., the government offer,
so far as they are concerned, has now entirely lapsed.
The great bulk of the holders prefer waiting till
January, when they will be paid off at par in due
course.

Our record of the movement of the precious
metals this week again embraces some very consi-
derable sums. The imports have been comparatively
small, as, although several vessels have arrived
during the week from Australia, only one has any
gold on freight, viz., the Indian Queen, which
brought in 38,992 ounces. The only other arrivals
reported are 600,000 dole. by the Africa from New
York, and a few hundred ounces of gold by the screw
steamer Charity from Africa. The total value of
these imports cannot exceed 260,000/. The Ravens-
bourne, from Antwerp, has also brought in two
cases of bullion, of which no further description is
afforded.

On the other hand the shipments have been extra-
ordinarily heavy. The Custom-house statement of
the exports of the precious metals during the week
ending Thursday last includes 416,032 ounces of
silver, and 141,508 ounces of gold, representing an
aggregate value of fully 650,000/. The account in
detail is as follows:—gold coin to Hamburg,
15,330 oz. ; to Rotterdam, 116,128 oz. ; to Belgium,
3,400 oz. Gold bars to Belgium, 3,500 oz. ; to Ham-
burg, 3,150 oz. Silver coin to Hamburg, 1,732 oz. ;
to Belgium, 8,000 oz. ; to Boulogne 800 oz. Silver
bars to Boulogne, 500 oz.; to Hamburg, 405,000 oz.
Of the silver, nearly the entire was despatched
to Hamburg. The shipment above recorded of
1, 116,128 ounces of gold to Rotterdam comprises the
latest and principal remittances made on Russian
government account by Messrs. Baring Brothers of
which two-thirds was embraced in our summary of
last week, although only now embraced in the Lon-
don Custom-house return, which extends from Thurs-
day to Thursday. The shipments of gold to Ham-
burg were on merchants account, and the remittances
to Belgium were of course attracted by the low quo-
tations of exchange.
The Peninsular and Oriental Company's steamer
Indus, which is fixed to leave Southampton for
Alexandria to-morrow, takes out 247,9131. in specie
and bullion, of which 34,495!. is in gold and 213,4181.
in silver. The destination of this shipment is shown
below—viz , for Alexandria, gold, 15,000/. ; for
Bombay, silver, 18,1501. ; for Ceylon, gold, 6,9801.; for
Madras, silver, 24,2251.; for Calcutta, 5i1ver,14,301.;
for Penang, 5i1ver,1,7531.; for Singapore, 5i1ver,42,6971.;
for Hongkong, gold, 12,5151., and silver, 74,0081.;
for Canton, silver, 36,925/. ; for Shanghae, silver,
1,3701. The other shipments reported to us this
week comprise 14,000!. (besides 5,0001. worth of
jewellery) by the Solent, for the West Indies ;
,11,000!. by the City of London, for Constantinople,
Malta, and Smyrna ; 310,000 dollars by the Cambria
steamer, from Liverpool for Havre (this sum forming
part of the specie brought in by the Africa from
New York); about 6,0001. in specie by the screw
steamer Valdivia, from Liverpool for Rio Janeiro and
the west coast of South America ; and 300/. in specie
on freight by the Artemisia for New Zealand. Sum-
marising these shipments we arrive at an aggregate
for the week of nearly one million slerliny, subject to
a reduction, however, on account of the shipment
to Rotterdam. above referred to, which was made,
properly speaking, last week. There have also been
considerable shipments of gold to France throughout
the week, via the outports. As we have already re-
ported, the bulk of the gold brought in by the Indian
Queen has already been taken for des; etch abroad
by that route. On the whole, it wiU be seen, our
statement shows the current of the precious metals
to be ut present very adverse to this country:
The attention of railway shareholders generally
may be advantageously called to the address (pub.
lished in the Daily Versa of this morning) to the
proprietary of the South Eastern Railway, issued by
three of the directors of that company, in opposition
to the extension scheme, which is apparently advo-
cated by the rest of the board. This manifestation
of independent feeling on the part of a portion of
the board affords another significant sign of the grow-
ing disposition of railway shareholders to oppose,
though tardily, the policy of the officials, by which
the dividends have in most cases been reduced to so
low a point. The spirit lately evinced by the Lon-
don and South Western shareliolders in rejectiag the
extension project of that board, appears likely to in-
laugurate a new era in our railway history.

A feature of some novelty is the announcement of
the " Executor and Trustee Company," with a nomi-
nal capital of one million sterling, in 201. shares.
The object is the formation of a responsible institution
for the security and management of testamentary
and trust property. There is no doubt that this
want has long been felt by tho public. It is
stated that a joint stock company having these
objects in view, and called the " Board of Execu-
-1 tors," was established at the Cape of Good Hope
in 1535, and i• now in full and satisfactory opera-
tion. The obtainment of powers for this object is

The arrivals of shipping into the Pert of London during
the past week have been very heavy, and bare comprised
a flee fleet from nearly all quarters of the globe. Not-
withstanding the arrival of above 250 ships, many of large
tonnage, including about 35 from the Bast Indies and
China, the buoyancy of the Freight Market has been un-
influenced, and the rates current at the commencement of
the week have continued firm throughout. In the Au.
transits trade the clearances have been unusually light, com-
prising only five ships, registering 3,039 tons, during the
week (26th Nev. to 2nd Dec.); of these, two were for Port
Phillip, registering 1.397 tone, one for Sydney of 877 tone,
one for Adelaide of 376 tons, and Zone for Hobart Town of
389 tons. On the other hind, the vessels entered out for
loading during the same period have been unprecedentedly
heavy, comprising a total of 20 ships of the combined re-
gister capacity of 12,101 tons. These vessels are thus
distributed.
Ships Timmer.
Sydney 8
Port Phillip .... 5
Adelaide
Hobart Town.... 2
New Zealand .... 2
Launceston 1

1.2,10.1

Freights to Australia and other ports, from London, re-
main without alteration, and are firm at the following quo-
tations, at per ton of 40 feet, selected from the current
number of the Weekly Shipping Lia
Australia-Melbourne or Geelong Wharves, 120 s. Au-
stralia-Melbourne or Geelong, 80s. to 90s. Australia-
Sydney, 80s. to 901. Australia-Adelaide, 90s. Australia-
Hobart Town, 80s. Australia-Launceston. 80s. Australia
-Swan River, 7.5 e. Australia-Portland Bay, 110 s. Au-
stralia-Port Fairy, 110 s. Australia-New Zealane., 90s.
to 100 s. Athens, 30s. Calcutta, 455. Canto., 80s. Cape
Town, Cape of Good Hope, 435. Carth , 35s Con-
stantinople, 30s. Copenhagen, kOs. Danube (Galata and
Ibrail), 40s. Demerara, 30s. Genoa, 30s. Gibraltar, 15e.
Gijon, 3se. Hamburg, 12s. to 14s. dead weight. Havan-
' cab, 401. Hong-Kong, 80s. lonian Islands, 40s. Jamaica,
30s. to 40s. Lecr, 15s. to 16s. Leghorn, 30s. Lime, 501.
Madeira, 40s. Madras, 455. Malta, 255. to 30e. Malaga,
355. Marseilles 30s. Masulipatam, 60s. Matanzas, 40s.
' Alexandria 25i. to 30s. Algoa Bay, 50s. Alicante, 50s.
Ancona, 60.. Antigua, 30s. Barbadoes, 30s. Barcelona,
40a. Batavia, 60s. Bilboa, 355. Bombay, 45e. Buenos
Ayres, 60s. Cadiz, 30s. to 35e. Mauritius, 455. Messina,
40s. Monte Video, 60s. Naples, 401. Natal, 661. New
York, 30s. Odessa' 30s. Palermo, 40s. Rio Janeiro, 36..
San Franciso, 755. to 100 s. San Sebastian, 335. Shanghai,
80a. Seville, 40s. Sierra Leone, 40.. St. Vincent, 30s.
St. Kitts and Nevis, 30s. St. Lucia, 335. Syra, 30s. Ta-
ragout, 50s. Tobago, 30s. Trieste, 355. Trinidad, 30e.
Valparaiso, 50s. Valencia, 60s. Venice, 333.
Homeward chartering has been brisk during the week
owing to the increased supply of tonnage, notwithstanding
which sates have been fully maintained. From Odessa,
charters have been concluded as high as 6/. for tallow ; and
Si. 10s. to 4/. 13s. is still offered. Danube, 221. Wheat:
Alexandria, 11s. Beans. Constantinople, Us. 6d.; Mar-
seilles, 335. Flour: a large business has been done in East
India charters at the following rates:-Calcutta, 41.;
Madras and a port on the coast, 31. 17s. 6d.; Moulmein, 51.
(teak) ; Mauritius, 31.; Bombay, 31. 10s. In West India
freights, we are quoting Demerara or Havanna, for the
round, taking coals from the Bristol Channel, 90s. There
is a good demand for the West Indies, and especially for
the timber ports, Manzanilla, Belize, &c. Tonnage is also
in request for the Brazils, at improved rates, say Rio
Janeiro, 455. to 50s. coffee, with coals out from the Tine
at the advanced rate of 40. per keel; Rio Grande, 51s. ;
hides, with salt from Cadiz, at 40e. Coal freights are higher,
and at the fillowing quotations a large busine's may be
done. From the Tyne-Aden, 671.; Adelaide, 651.; Alex-
andria, 171. ; Bombay, 60/. ; Bahia, 30/ ; Barcelona, 261.;
Cey'lon, 481. t Calcutta, 461. ; Callao, 42/. ; Constantinople,
211. • Genoa, 261. 10s. ; Hong Kong, 681. ; Odessa, 201. ;
Rio Janeiro, 481.; Sydney, 701.; Trieste, 291. From Liver-
pool-Corfu, 13s. ; from Troop, 165.; Constantinople, 14s. ;
from Troon, 16s. ; Galatz, 165.; from Troon, 18s. ; Smyrna,
15s. ; from Troon, 164.; Trieste, 245. ; from Troon,
Trebizond, 235. ; from Troon, 245. . .

Annexed are the latest reports from continental
bourses, u received by Mr. Reuter's express:—
Amsterdam, Friday, closing prices : —Dutch Four
per Cents., 92 3.16; ditto Two-and-a-Half per Cents.,
61 3.16. Spanish Deferred Three per Cents., 21} ;
the Coupons, ; the Old Three per Cents., foreign,
46. Austrian Five per Cent. Metallies, 75. Por-
tuguese New, 36 1-16. Mexican New, 23'•, ex div.
Granada Deferred, 715.16. These prices show
steadiness. The exchange on London is reported
unchanged at 11.63 short.