The Express.
London, England, 1851-01-17 00:00:00

LEEDv. January 16.

STOCX EXCHANGE.—We h+d • firmer acid more active
mules this morning. The closing twles were as follows :
got Lsocashirea 121. Ile 3L ; Gress North,rnr, 171:
North We.trrus, 121. 11. 31. du.; York and North Mad-
land., 221 ; London and Brighton., 4.5/.

WEST KENT SOCIETY FOR THE PROTECTION OF
BRITISH INDUSTRY AND CAPITAL.—A Meeting of is, coons
intercited in upholding the principles of protection of British
industry, was held at the Star Inn, Maidstone, on Thursday,
the 16.6 inst., at twelve o'clock, J. D. S. Douglas, Esq is
the dais, to consider the propriety of petlioning the
leßie-
latere to revise the late tariff of import duties, the recent
alterations in the navigation lows, end the statutes affecting
the currency. The meeting was but thinly attended. A
Lrittof prepositions were then read by Mr. Boys, to the
g, framed in mewls with the sentiments of its pro-
;mien.

The English stock market in the earlier part of
the day was supported at yesterday's range by a re-
newal of purchases on public account by the stoma-
ment ;broker, but with the cessation of these opal'.
Bora prices again receded, and are now quoted at a
decline of 1.
Console opened, as they left off yesterday, 967, to 1
for money, and 96$ to; for the account of the 12th
Feb., and have since been transacted as low as 96;
for cub, and 961 for time, the present quotation being
96;„ and 961 to „- respectively. The prices of business
officially marked are: Three per Cent. Consols, 961,
1, 3 ; ditto for account, 96L ; Three per Cent.
lieduced, 971, 97, 1, 97 ; New Three-and-a-Quarter
per Cents., 98!, 1, ; Bank Stock 2141, 215, 214.
On the whole, the business transacted has been of a
fair extent.
The market for the unfunded securities remains
heavy, and the rates show Designs of rallying, though
there is a cessation of the sales made for some d lye
past. Exchequer Bills, 1.000/., mark 551.1 and 58s.
prem. • Indian Bonds, 1,0001., 701. premium.
Tillifireiga riorket has undergoes no essen-
tial change, but the general feeling is a sbsde flatter.
Mexican Beads continue depress° Ilusiness is
extremely quiet, the entire transactions of the morn-
ing being comprised in the following, viz. : —Braziliau
Old Five per Cent. Small Bonds, 90. Chillies Six
per Cents, 104. Dutch Four per Cent Certificate',
91. Mexican B sods, for the 31st inst., 32. Peru-
vian Four-and-a-Halt per Cents., 1819, for account,
79. Portuguese Four per Cents., for account, 341.
Alter business hours yesterday Mexican stock was
sallyd P 24 to :Z.
The half yearly dividend on the Louisiana State
Bonds, due on the let of February, is advertised for
payment.
Notice has also been issued of the payment, on and
after the Ist February, subject to the deduction of
25 per cent., of the following Portuguese dividends,
viz. :—Tne dividends for the first half-year, 1849, of
the Five p.r Cent. Stock, 1841, and the Four per
Cent. Stock, 1845' the half of the dividend of the
said unconverted bonds, and likewise the twelve
months int-rest then due on the debentures of the
June and July emissions. The dividend which be-
comes due on the Ist of Jannsry on the New Three
per Cent. Sock, 1848, will also be paid without de-
duction. We hope the bondholders will not cease to
protest against the iniquitous deduction of the 25 per
cent.

It is expected that this d eye the question as
to the hour for closing the Royal Exchange
will be finally decided by the Gresham Committee.
We may mention that the signatures attached to the
memorial fur fixing the hour at half-past three o'clock,
instead of four, as hitherto, now:number about 2,000,
whilst the opponents of the measure who have as yet
declared themselves are only from 25 to 30.
A tew days ago we made some remarks upon the
feat of Senor °cane in confiscating 14,000,0001.
of the Spanish home debt in the year 1850, a measure
which, by some of the Spanish ministerial organs,
was held up as praiseworthy. In reference to the
general ignorance of the Spanish government and the
necessity of watching what takes place on the spot,
we recommended the appointment of a permanent re-
sident agent, in the first place, to obtain the payment
of the dividends ; and in the next place, to see
they are from time to time regularly provided
for and paid. The duty of such an agent would be
on every occasion to protect and defend the intere4ts
of the bondholders. Mr. Weissweiler has kindly
undertaken to interest himself for the b uadholdere, in
obtaining an answer to their propositions: but his
time, engaged in the general superintendence of
Messrs. Rothschild's banking affairs, their quicksilver
contracts and financial arrangements with the Spanish
government, allows him no leisure for the numerous
duties which woull devolve upon a permanent represen-
tative. If ad such an agent been present, not only would
Senor 0EM4%1 c mduct have been held up to merited
reprobation, but the attention of the proper penis s
would have been called to the shameless audacity of
the ministry, in publishing a budget without any pro-
vision for the foreign debt. On this subject we have
received the following letter :
TO THE EDITOR OP THE ENPRE.S.

Sta,—Yon have lately very justly see ken ot the necessity
on the part of the Spanish bondholders to appoint a proper
person as their delegated repreemitstive at the Spanish me-
tropolis, who would dedicate the wnolo of his time and at-
tention to the subject ot their claims, and whose action
accordingly could . be influenced or impaired by the
paramount interest of his general occupation.. I find
such as advice meat timely end oorsiderate, and I trust my
no sufferers will at once understand the importance of the
subject, by appointing such • fit person at • meeting, which
ought to be held early, elm to adopt some resolutiens to be
presented lto parliament at its meeting in February. The
Dutch holden of Spanish Bonds (and principally those pos.
Ilsesaing the Old Deterred Debt of 1831), have lately held an
influential meeting, whereat • moat ienitied whine, to the
Spanish Minister of Femue^ wee adopted, which has circu-
lated subsequently at Amsterdam, and obtained • great
number of signatueet of the leadiog rictuses of that city and
of Rotterdam, banker., merchants, broken, and others, in-
chiding teemed of the foreign consuls. This petition urging
strongly the just claims of, and the wrongs inflicted hitherto
on that particular stock, cannot fail to came some impression
at Madrid, the more so, as it appear. d that the Dated agents,
without any authorisa.ion en such effect, bad offered • com-
promise to Senor Bravo Marino for Fettling the Deferred
IDebt of 1831, which has indignantly been rejected by the
most influential holders of that stock, whose bonds are sot
so generally circulaing on the exchanges, but for the most
part in the hands of independent people wits patiently keep
them for better times. I cannot let this opportur.ity pass
without expressing to you, sir, my sincere gratitude fur your
liberal support of the claims ot the Spanish boodholde es, and
am, sir, yours faithfully, J. C.
Janualy 14, 1851.

The measure of urgency for the bondholders is
rending out an agent. Whatever goad was done in
Mexico was by Mr. William Pariah Robertson, and
the presence of Mr. Fs'cutlet in Mexico now is a
great source of security to the bondholders. We hope
the Spanish bondholders will forthwith hold a met t-
lag.
By the Overland Mail the Worthing Mining Com-
pany have received advice. dated North Adelaide,
14th October, 1830. The sobj”ined extracts arc
from the Inspector's report for September :

The waterwheel shaft is now 25 fathoms deep, and the
eras cut end therefrom 22j fathoms from the near part of
the shaft. We struck the fiookan, or under part of the lode,
described in last report, at 21 fathoms below the level of the
cross cut, and at 13 fathom' from the shaft in the cross cut
the same flookon bad been mot with. There is • branch
shown in the plan sent home, but not reported to contain
ors. Tali has been examined by uncovering sod blasting a
bole or two; it is from 8 to 14 inches !urge, end, for a Min
tarter of bor 6 fathom• gives native copper and numerous
good spots of ore. There is also near it another branch
yielding native copper; also a lode going north of the bill
with stains of green carbonate, which is as ,pored to be • '
menhir to all the waterwheel flit lod s and branches. In
cutting through the ludo south, at the eel of Middle
Gully, there are the hest stones of ore discovered here.
It may be interesting to you to know there exists here,
near the surface sometimes, indurated limestone centaining
spire!, bivalve and other shills, in a bed of softer lime con•
glomerate. Sims 8 or 10 feet ti rk under this a red and
yellow ochreous sand, rims 8 or 10 fest more, near the
bottom of which, 17 or 18 feet deep, we found a bone, 1
thick a rib, 4or 5 Metes long, in • high rate of preserve•
boo, on the brew of • hill, 40 fathoms above sea level ; this
deposit lies os the primitive lime rock of the country. I
mention the as as element !or geologists ; it is, of mutes
ander this we have to amk oar lodes. The tops of the hills
gensraLy of the colony may be mid to be sipped with these
maritime deposit', wheel, sa this test•see, makes our cross-
tinning expensive.
From Adelaide, under date the 28th October, we
learn that smelting iron by means of charcoal had
been commenced with success.

11140 LIAN PUNDt—Tate Do?.
Vint Root. 213 14 I 3 per CLOon A. An. 15.96, 1
3 per Ct. gal. Amen, 97 I 3$ per th.. 981 f
3 ler CCOm...ADDS, 961 Leebequar bate. 556. to 584
F 01063054 YDNDS.
6 per 04. Austrian ]laude, 1 pas (A. Oreeada We.. 17 18
41 pea Ch. Wig. Leads. 90 2 Dra54.14 Deferral lap . 34 4
31 par OWL ... pee et Mel. Ms. 321 3 es die
5 gat:40.wi1145344 018.. 88 93 , tura t.lt-Pe -u4,3,:: i 11...
6:9 go
5 per Ct. Humes Alms. 46 9 5 pieurtiesC .'/31,.. il t 126
Ditto Milian N.D. 140 5 latto 614414144 Oda, 17 e
Ditto Ooluesb. Det lids.. 5 per Ct. lipanigi DIA. 355 51
Columbian Papa tor Ws. 34 1 Do. Deferral Ma. •
3 per et. Daniah Ma.. 76 4 Diato Pismire Dd.. 31 1
21 per Ct. Innen We.. 574 6 34 per Ot. Vanesailla Ads.. :LI I
4 pet Ct. D 4040 CartA. 991 1 Voisoala Wined Louts, 11 17

Scout. —The public rale of 2,000 bogs of Mauritius went
off at about previcus rates ; but the salsa of B ,gal (grains)
and Madras went off heady, and a a, noiderable portion was
bought in. The result of the week allows a general deli., of
lolly 63., although importershave shown firmness and bought
in largely. Refined dull, bat grocery lamp remain quoted
50s. to 62s , although there are no buyers of brown at 50e.
CoFFEE.—This ►rticle has fluctuated, and prices ore again
lower. Sales of good ordinary native Ceylon were made u
low MI 49.. at the commencement of the week, but since sold
at 500. to 50s. 63., which is the closing price. Mocha sold at
• slight advance on ins; week.
TEA.—The mark. t hos been rather lilac:ire, but without
any material alteration in prices.
' Rim-1,600 begs Brngal wire offered and chiefly bought
in at high prices,los 63. to lie.; a small part sold at Ifs.
SALTPETRE —1,300 bags were brought for card in public
sale, and nearly all bought io. Rorsetion 41 to 16, 27•. to
20, ; refraction 151 add at 27e. to 27e. 63.
Rust has been dull of sale during the week.
Sriccs have soil steadily, chiefly at lull prices.
Isntco ids has advanced Id. to 2d.
FavlS.—Tae public sale consisted of the damaged currants
out of thirteen ,argots, say 300 casks and 400 barrels, and
sold from 21s. to 42.. Valencia Raisins dull of sale, but
prices are sustained. In other articles nothing of importance
to report,
earwax has been in but limited demand during the
we .1.

In other arrees no material alteration, but it has been a
dull wei •.he colonial markets.

TALLOW MARKET.—THIS DAY.
The market is quiet todey, wi:h prate quoted u fol.
lows:—Town Tallow, 370.; Petenbura Y. C. ea the spot,
375. 6d. to 31. ; F.b , and March, 375. 31. ; last three
raonths, 335.