The Express.
London, England, 1851-10-11 00:00:00

IRELAND.

DUBLIN, Orr. 10.
The quidnunc*. of Dublin are straining their inge-
nuity iu the matter of rumours about miuistenal
changes. The following, from the Dublin Evening
Herald of last night, is the latest issued :
It is rumoured that Lori Granville will immediately sue-
' eeed the Earl of Clarendon u Lord Lieutenant of Ireland.
His Excellency the present Viceroy, it is said, goes to the
Home Offiee, vice Sir Grey, whose declining health con.
strains him to retire. Another rumour says that the Earl
of Carlisle will be the new Lord Lieutenant.

The members of the Packet Station Committee,
with the Lord Mayor of Dublin at their head, have
been feasting and enjoying themselves in excellent
style at Limerick; while the people of Galway have
been looking on from a distance, not without some
misgivings, it is to be presumed, lest the good fare
and cordial reception might have any effect in mak-
ing the rival harbour seem better than their own.
The committee proceeded yesterday down the Shan-
non, accompanied by a large nuniber of Limerick
gentlemen, among whoni were :—Lord Arundel,
M.P. ; William Monsell, Esq., M.P.; Sir Matthew
Barrington, Bart., and Son ; Fraucis Spaight, Esq.,
President of the Chamber of Commerce; Alderman
Henry Watson; Richard Russell, Esq., .1.1'.; Henry
Maunsell, Esq., High Sheriff of tue county Limerick ;
Archdeacon K.eatiuge; Alderman Gears ;- Captain
Dickson; Thompson Russell, Esq. •
The following is a brief account of the day's pro-
ceedings, which I extract from Sattnthrs's -News
Letter :
The weather proved most unfavourable fur the trip, there
being a head wind, and very rough and boisterous waves,
the entire way down from Limerick to Foyacs Island, a
distance of 25 miles; but it is only just to say, that as soon
as the steamer entered this harbour, there was complete
shelter, a desideratum which, I need scarcely add, was
very acceptable, as many on board wen evincing a disposi-
tion to sickness. Decidedly it is an admirable situation, as
the largest ship could anchor at low water, the soundings
being 45 feet at low water flare the Lord Mayor of Dub-
lin, and the greater portion of the company, disembarked,
and proceeded to :alountrenchard, the residence of Lord
Monteagle, whose mansion and demesne were much ad-
mired; also the New Quay and Duck at Foynes, from
whence a railroad is contemplated to Limerick, a dis-
tance of 20 miles. On returning to the steamer, a
sumptuous skieurter was prepared for the company.
After dinner the Mayor of Limerick proposed the health of
the Queen, which was drunk with applause. He next I
proposed, in suitable terms, tkc health of the Lord Mayor
of Dublin, to whose worth and merit he made happy allu-
sion. The Lord Mayor acknowledged the compliment, and
said the provisional committee were truly grateful for the
kind hospitality they experienced in Limerick, adding that
all were pleased with the excursion, and sensible of tho
eligibility of Foyncs as a transatlantic packet station. Ile
concluded by proposing the health of The Mayor of
Limerick." The health' of the County and City Wpm-
sentatives, the Directors of the Great Southern anti Western
Railway, the Provisional Committee, the Directors of the
Limerick and Waterford Railway, the City of Dublin
Steam-packet Company, the Lady Mayoress of Dublin, Sir
Matthew Harrington, the President and Members of the
Chamber of Commerce, Alderman Watson, the High
Sheriff of Dublin, the Mayor Elect, Captain Sibthorp, and
Captain Kennedy of the Lrin, were severally toasted and
responded to. The company spent a most convivial and
pleasant day, and returned to xamerick at half-past 5
o'clock. At six the Lord Mayor of Dublin and party left
by special train, having taken cordial leave of their Lime-
rick friends, to whom they expressed thanks for the kind-
ness and attention paid.

The fair of Ballinasloo concluded yesterday with
the miscellaneous or poor man's fair, where the bu-
siness was extremely brisk and the prices rather
better in proportion to the quality of the animals
sold than on the preceding days. The following
statement gives a final and complete return of all
stock (horses excepted) sold and unsold during the
fair, the last day included :
Sheep. Oxen. Two-yr-old Year- Calves.
heitirs.
Sold 47,564 10,391 615 213 63
Unsold.. 3,789 1,478 699 193 63

Total.— 51,343 11,869 1,214 411 111
Subjoined are the returns for the boat year :
She d. Oxen. Two-year• Year-
old. lingo.
Sold
Unsold 2,494 6,283 117

54,092 15,219 467 109
The guardians of the South Dublin Union were
determined that they should not be behind their
brethren of the west and south in endeavouring to
evade the repayment of the government debt. At
their meeting yesterday the following resolution,
modified from a longer and more repudiatory one,
was unanimously adopted :
That, with reference to the resolutions of the Rathdrum
and Thurles Boards of Guardians, now read, we hereby
declare our conviction that the guardi ins should not be
called on to levy money for any other purpose than those
connected with the administrauon of the l'oor Belief Act,
and we declare we will not do so. Therefore we disclaim
all demands made on us upon the score of any unpaid
balance of labour rate. This board takes this opportunity
of declaring that we admit and will discharge the Just debts
of our union, on the wore of workhouse loan and balance
of temporary r.:lief advance, and we deem that same should
be accepted by moderate instalments, without interest, and
that immediate payment for any portion thereof should not
be pressed for in the more distressed unions throughout
Ireland.
The Carrick-on-Shannon guardians, with the Mar-
quis of Westmeath at their head, have also nibbled
at repudiation, though not in the bold and straight-
forward tone of Lord Lucan and his friends in Mayo.
In Cork, the guardians have adopted a memorial
to Lord John Russell, in which they lay :
- -

That the Poor Law Commissioners have recently made a
claim on them of 18,743 t. 3s. 4d., amount of a loan from
Use treasury for building the union workhouse. That while
they are willing to acknowledge and discharge all fair lia-
bilities, they respectfully submit that the whole of this
amount ought not in justice be demanded from them far
the fellowiug reasons:—That, first, in utter disregard of
the repeated remonstrances and protests of the ratepayers,
the workhouse was built in a hollow, on part of an im-
proved bog, and that in fact a worse site could seamely
have been selected for the purpose. That the sewerage,
drainage, and ventilation arc consequently defective,
and they feel it unnecessary to remind your lordship
that in an establishment where six thousand human
beings are frequently congregated, and about one-third of
them suffering from various diseases, these are matters of
primary importance. That with reference also to another
indispensable requisite, good water, the position of the
house has been most unfortunately chosen, so the supply is
limited in quantity and objectionable in quality, and is
often rendered unwholesome by the filtration of offensive

matter from the sewers and cesspools, owing to the low
situation and imperfect drainage ; and that rather than there
should be a deficiency in a matter so essential to health and
cleanliness, the guardians have now had under consideration
a proposition for obtaining a supply of pure water from a
distance, and at heavy expense, tor the use of the esta-
blishment. That when the house was given up to the
guardians by the commissioners it was understood that the
=ewas perfect. Yet the board have since been
te expend over 3,0001. in endeavouring to remedy its
defects, that it still requires further improvement, and they
apprehend that from the nature of the site it can never be
put in a satisfactory condition. That in several other re-
spects, the house when taken possession of by the board, was
far from being in a finished state, several of the dormitories,
and even hospital wards, being unfioored, and that the guar-
dians have been obliged to expend about sixteen thousand
pounds from the rates of the union in supplying defects,
making necessary alterations, and providing proper accom-
modation for the destitute poor. That the expense of the
additional buildings which a due regard to the health of
the inmates oblige them to erect has been greatly in-
creased by the swampy nature of the locality, rendering it
most difficult to make • sufficiently secure foundation.
That the guardians are aware, however, that the serious
error committed with reference to the site cannot be remedied,
but they respectfully submit that the large additional out-
lay occasioned by the dogged obstinacy of the commissioners
Shea in office, ought not, in ,justiot, to be visited upon the
ratepayers of tbts impoverished union, who would have
prevented the necessity for it, had their strong and urgent
appeals met with the attention to which they ware entitled.
That the guardians respectfully submit these facts to your
lordship', calm conside.ation, and trust that under alt the
circumstances of the ease you will feel yourself at liberty
to recommend a reduction in the claim now made to • slim
in fair proportion to the value received, and they would beg
to state their opinion that if the demand for the building
loan of 18,7431. 3s. 4d. were fixed at ten or even twelve
thousand pounds, it would tend much to remove the dis-
satisfaction of the ratepayers, and the board would make
arraegementa for the payment with as little delay as pos-
sible.

THE Citroen.—His Grace the Doke of Devon-
shire has presented the living of Karol=' in the diocese of
Lismore, to the Bay. Charles Fry, who has been for 60010
time curate of the perish.

THE GREAT

Two DAY, Two o'CLocx.

For the last Saturday's exhibition the Crystal
Palace opened at nine o'clock instead of twelve,
but the early muster wu thin, though it included
a large number of the agricultural community,
and a considerable proportion of railway arrivals. At 11
o'clock, according to the police reports, the numbers were
11,000, but the weather, which was unpropitious in the
beginning hsving cleared up, the visitors began to increase,
and by twelve o'clock the usual Saturday visitants began to
arrive in carriages and cabs, so that there is every prospect
of a very full Saturday.
The day has proved very fine, with a bright sunshine,
and the closing day promises to be one of the finest of the
'mason. AlrZady a very gay company is assembled, and
a brilliant reunion has taken place, many of the fashionable
world having returned to be in at the death." Herr Som-
mer and other distinguished musicians are in attendance,
and a musical display is .o occupy the afternoon.
The Palace never looked so well; everything has been
cleaned, the building is not too crowded, the crystal foun-
tain glitters in the sun, and within a few hours the assem-
bled multitude will witness the close of the Exhibition in
all its sheen and glory.

commENML AND MARKETS.

WEEKLY SUMMARY OF THE PRODUCE
MARKETS.

MINCING-LANZ, SATURDAY MORNING.

The Colonial markets close this week with rather more
firmness, and prices of most articles of produce remain
steady. Holders of swear have offered very little at
auction, and consequently former quotations have been stea-
dily maintained. At the close of last week a good demand was
experienced for Coffee. Native Ceylon was sold at 40s. to
40s. 6d., and the plantation kinds at very full rates ; subse-
quently a fall of 6d. to Is. was submitted to, but this has
again been recovered. For fire there has sen good in-
quay, and large parcels have changed hands at a rise of
3d. to 6d. per cwt. The Tea market is without any mate-I
rial a!teration ; common Congou having been sold on rather
easier terms.

LONDON, SATURDAY EVENING, OCTOBER 11, 1851.

RA IL WAIT
THIS DAY.

_
Two o'Ctocs.
There is very little movement in shares to-day,
but the market maintains its firmness. Prices are
generally well supported at the improved rates which
ruled at the close of yesterday's market, whilst in
several instances, rather better terms have been con-
ceded, including London and North Westerns, Mid-
lands, Lancashire and Yorkshires, East Lancashires,
Caledonians, and some others.

SHARI%

MC= LINOVAIRANTEID.

,[THREEPENCE.

MONEY MARKET.

Telegraphy is making rapid strides as a commer-
cial instrument. It is but a few weeks suiee the
proprietors of the Daily News and Times surprised
the exehanges of the metropolis and great EngEsh
towns by giving the previous day's quotations hunt
all the great continental bourses, and signalised the
commencement of this great achievement by saving
the mercantile interest several thousand pounds in tho
negotiation of one day's bills on Vienna. It was but
last week that the completion of the submarine tele-
graph was announced. Thisiwock we have to report
the opening of the Continental Telegraph Office by
Mr. Julius Reuter, the telegraph agent, who has
hitherto had the conduct at Ostend of the despatches
for the great telegraph operations, and who has now
opened offices in Calais and London, the latter at No.
1, Royal Exchange-buildings, close to the great mer-
cantile establishments. Already Mr. Reuter com-
municates with nearly one hundred continental
stations ; and for most of them he offers
the choice of the Ostend and Calais routes,
the former being the cheaper, the latter the
quicker. It will be seen with surprise that this
establishment communicates with Venice, Pesth, and
Cracow, and with all the commercial capitals within
that range. The prices in the infancy of the esta-
blishment must be considered moderate, as a despatch
Ego_ reagt tat Groom fix- tiro-azid-twigety
frs. These rates will of coarse with the aug-
mentation of the traffic be further reduced. A
I'aris despatch can be sent for six and eleven
pence.

THIS DAY.

Two o'CLocx.
Although the tendency of the Paris Bourse con-
tinues decidedly downward, the stock market here
is wellsupported, the evidences of a flourishing revenue
and an active and prosperous state of trade being suffi-
cient to counteract any uneasy feeling respecting
foreign politics. The Bank returns of last night are
regarded as decidedly favourable, as, though the in-
crease in the stock of bullion is small, considering
the extensive imports, the circulation is perfectly
usual at this season, as accounted for below. But,
indeed, it is difficult to imagine how any deduction
other than of the most favourable character could be
drawn from any variation which might bo exhibited
in this item of the Bank's account, with the metallic
fund of the establishment standing at the high figure
of nearly fifteen millions sterling, an amount much
too large fur the interests of the proprietary.
Consols opened at 961 to 97 for cash, and
since the arrival of tho Continental mails
have receded to 901 to whilst for de-
livery in November the rate is 961 to 97. A
good deal of influence is at this time exercised by the
position of the account which expires on Tuesday,
and which now in muse of
' are now dtlowable in thelVerts'clicli
have been shut for the last month, upon pay-
ment of a special fee of 2s. ad., the business
of the morning has been rather more varied than of
late. Friday next is the regular day for re-opening
the books of Bank Stock, the 'three per Cent. Re-
duced, Long Annuities, and annuities for terms of
years, whilst those of the Three and-a-Quarter per
Cents. will not be available for the common course
of business till the 21st. Tho official list of
the day's transactions is as follows : Three per Cent.
Consols, 97, 961; ditto for account, 961 ; Three per
Cent. Reduced, 961, 1, 90 ex div.; New Three-and-
a-Quarter per Cents., 97 2„ 1, ex div. Bank Stock,
212, 2111 cx div.; India Stock, 260.
The upward movement of the unfunded debt,
usual at this season, continues. Exchequer Bills have
been bought at 495. premium, the present quotation
being 16s. to 495. prem., and India Bonds, which
opened at 51s. to 51s. prem., have been taken off at
555. prem., being in each case a rise of Is.
There is no change in the lOreign market, and the
business is too unimportant to require a word of
comment. Mexican Bonds are supported at a slightly
improved rate, but there is scarcely any disposition
evinced to take up this stock under present circum-
stances. Four descriptions only are marked as
having been dealt iu this morning, the official figures
being as follows : French Five per Cent. Mattes,
92f. Exchange, 25f. 20c. Mexican Bonds, 271.
Sardinian Five per Cents., 82. Spanish Three per
Cents., 384.
A prominent topic of conversation in the City has
been the condition of the South Wales banks. The
strongest fears arc entertained that large advances
have been made to some of the ironworks, and that a
meat disastrous winding up will take place. The
more alarm is created as one of the banks failing is
a large joint stock establishment with a paid-up ca-
pital of 200,000/., ample, under prudent manage-
ment, for the proper conduct of the business. Some
go the extent of assailing the joint-stock principle,
though as yet there are no grounds for any such in-
ference. It is perfectly true that the Monmouthshire
and Glamorganshire is a joint-stock bank, and there
is good ground for assuming that it has been ill-
managed. Its vices, however, are not the pure off-
spring of joint-stock banking, for this bank was a
private bank, converted into a joint-stock bank
under the same management. So far from its afford-
ing a case against the joint-stock system it comes in
good time to supply a strongeaseiu its favour. It is but
lately that the private bank of Raiford and Wragge,
who had been concerned iu colliery and other spe-
culations, failed, leaving miserable assets for the cre-
ditors. It seems likely, from present accounts, that
the Monmouthshire and Glamorgaushke Bank
will wind up under similar circumstances ; but,
whatever the assets under the trading, the loss of the
customers will be made good from the contributions
of the 350 shareholders, though sonic of these latter
may be found wanting.
Notice has been issued that the dividends on the
sterling canal bonds of the state of Illinois, arising
out of the collection of the mille tax prior to the
30th June, will be payable next week, in the follow-
ing proportions, viz.: On 1001. bonds, 12s. Bd.; on
225/. bonds, 28s. ad.; and on 3001. bonds, 38s.
The foreign exchangesyesterday afternoon agtin pre-
sented a somewhat downward tendency, and quota-
tions were in several instances a trifle lower. This
is owing entirely to lower rates fur bills on London
being advised from the continent. From Spain,
Portugal, and Italy, on the other hand, the exchange
on London comes higher, and in consequence drafts
on those places arc here considerably in favour of
buyers. Short Paris was done at 25.25 to 274;
ditto, 3 months at 25.421 to 471. Amsterdam main-
, toned last post's rate of 12 to 1, but Hamburg was
a little lower, closing 13.91 to 10. St. Petersburg
was in fair demand, but only at 361, at which price
several negotiations were effected ; parties insisting
on a better price could not sell their paper.
Drafts on Sicily. found scarcely any purchaser,
and the quotations are merely nominal. Bills
on Italy, being generally much offered, were very
difficult of sale, with the sole exception of Naples
which ruled at 404 to I. Spain was not in demand,
and therefore) flat; 'but Portugal was decidedly
worse, closing 524 to 53. Vienna and Trieste were
again higher, the limited transactions that took place
being done at 12.14 to l 6 for the former, and 12.10
to 18 for the latter.
The prices negotiated are as follows :
Time. PriCPS ncitottated.
From
Amsterdam pert Short 1111.1515tv.... ILL 1111 stir.
Ditto
!rd. !SL3

Bamberg and Altosa „ 13mes.91eehl. 13roos. leech.
Frankturt-on.the.Meineper flO „ 11916. 0kr.... 1.011. Okr.
Vienna per f 120. like. ... 110. 16kr.
Trieste 220.10kr. ... lakr.

Antwerp
OF SP
Paris „ Short 23fr. 23ic. 230. 27ie.
Ditto „ 3 Months 2.41 r. 121 e. 23fr. 171 e.
Havre
9tn?*

Leghorn
Nation per ducat
„„ 40 pence ... 40i pence
Madrid per dear 49 pence ... 49 pence
Cache „ „ 50 penes, ... 39 pence
„ „ 49 penal 49t pence
„ „ 494 pesos ... 491 pence
Ll•Caus pet nulrei „ 33 peace .. 521 pence
(keno 33 pence ... 324 pence
St. Petereburg per ruble „ 361 Deno, ... 37 pence
With the increased supplies by the Clyde, the
price of Mexican dollars has receded id., and the
market is now fiat at 4s. 10d. per oz. This result
was anticipated by us a few days ago. None of the
West India supplies have as yet been placed. For
other descriptions of bullion there is no change in
prices.
Tho Paris exchange on London keeps up, and
prices of bullion remain unaltered. liar silver is not
dealt in.
The price of gold, on Thursday, at Paris, was 1 per
mille discount (new tariff rate), which, at the Eng-
lish mint price of 3/. 17s. 101 d. per ounce for stan-
dard gold, gives an exchange of 25.143, and the ex-
change at Paris on London at short being 23.23, it
follows that gold is about 0.417 per cent. dearer in
London than in Paris. .

By last adviccs the price of gold at Hamburg
is 4281 per mare, which, at the English Mint price
of 3f. 17s. 101 d. per ounce for standard gold, gives
an exchange of 13.6 f ; and the exchange at Ham-
burg on London at short being 13.7, it follows that
gold is 0.116 per cent. dearer in London than in
Hamburg.
By last accounts, the course of exchange at New
York on London, for bills at 60 days' sight, is 1101
per cent. ; and the par of exchange between England
and America being 109 23-40 per cent., it follows
that the exchange is nominally 0.67 per cent. in
favour of England. Upon taking into consideration
the difference of interest and charges of transport,
we fled that the present rate leaves a small profit on
the importation of gold from the United States.

We have for some time watched and pointed out
the progress of the continental telegraph system and
its bearings upon commerce, and wu felt that unless
some step were taken to extend its advantages to
this country we should be subjected to a disadvan-
tageous competition with foreign merchants, who
have access to a network of telegraphs working on a
combined system.
The last quotations of exchange at foreign places
on London are as follows :
Previous Latest
Quotations. Quotations.
Antwerp, short
Antsterdsm
Berlin, 3 months 6 6.22 66.22
Bahia 29d. 29 d.

BruAga* 2sf. 271 24f. 30
Frankfort ll9
_ 119

Oencr.t, 3 snoutbs '2sl. 01 21. 10
thralls
Kingston, Jamaica,
(bank bills), 30 days 11 to 11 p. et. p. 11 per et. pin
Ditto, 90 days 1 to 1 per et. p. 1 per ct. pm.
La (I uayra BOO dolt.
Madrid 5l 50.90
... -

..........
Milan, 3 months 291. 28 291... 40
New Orleans
l'aris, short
Ditto, 3 months
l'ernambneo 2Bl d. 281 d.
Porto Cabello
Rome 4&5.30 490
Smyrna lll 1 11111
Trieste
Venice
Vienna
The account of the position a the Bank of Eng-
land for the week ending Saturday, the 4th of Oc-
tober, published pursuant to the Act 7 and 8 Viet.,
c. 32, is as follows :
BANK 01' ENGLAN

WOO DIN
NOW isguthl I-2.415.790

Et5.U5.790

for the week endlu,t Oct 4. ISM
MAIN?.

Vroprlcsors (*pilot ....p,l 1.56. a;
Dcht..•l 18y. Acetic) 9.888,888
JCl.er 181.8,1 t.. ..... 55.1050
8841.8 y ant
Bilis 1:::48,788

Ciocernmcnt
Other Seeural:4 r.441.1/40
Goi.l Col./ IYLlioy 14.352.415
Sliver IluI;ton

1=d.415,i90

--•— • •
lJnycrurnent Beftiritks
. . .

in (6214,4
Ori. 9, Ism. —"--- ' W. MARA!, A LI . fteef 1 •u%,....
The above returns, when compared with those for
the week preceding, exhibit the following changes:
Circulation issue £28,415,790 Increase £ 59,450
Circulation active 19,457,W Increase 279,910
Public deposits 9,1351,5n8 Decrease 230,851
Other deposits
Government securities in

Weight
Aminltyl ..........„ 113A44.216
UtlberSouurstioo
Nut.c„
liold tillvor Coin 675,3.i1

07.622,1-4-5