The Express.
London, England, 1851-11-15 00:00:00

COMMERCIAL AND MARKETS.

WEEKLY SUMMARY OF THE PRODUCE

MARKETS.

MINCING-LANE, SATVHDAT MOUNING.
The transactions in the colonial markets have again been
of an unsatisfactory nature, and where sales of produce have
been forced lower rates have genera;ly been accepted. Sugar
has been sold at an OCCIII4OIIIII decline, particularly Bengal,
of which the sales have been rather large. For Coffee there
has been but little inquiry, and the prices obtained have
been chiefly in favour of the buyers ; however since the
receipt of the news from Rio rather more demand has ex-
isted for native Ceylon, which has been sold at 395. 6d.
pm cwt. Rice has been in good request at (till rates.
The Tea market has been very flat. Two vessels are in
from China ; some new Congous are already on the market,
but none yet sold.

TALLOW MARKET.—THIS DAT.
The marke• is flat, and speculatively there is little dis-
position to operate. The demand for consumption is indif-
ferent, the trade, in the face of our heavy stock, only
taking from hand to mouth. Town Tallow is quoted
365. 6d. to 941. • Petersburg Y. C. on the spot, new, 375. •
old, 365. Gd.; fast three mouths, 365. 61. ; January and
Marsh, iCts.

MARKET AVILII.A.OEB.—Town Tallow, 395. 6d. ; fat by
ditto, 2s. lel. ; yellow Russian, 395. ; melted stuff, 28s. ;
rough ditto, lit. ; Tallow graves, 9s. ; good dreg., 6s.

In consequence of the extensive stock holders of !fustian
are willing to realise, and submit to further reduced rates.
Still purchases have been limited during the week, with
sellers of tine new yellow candle at 375. to 375. 3d., and old
at 365. 6J., the trade will not purchane more than sufficient
for their present want,. Few buyers are to Ito found for
delivery, with seller's at 375. up to the clone of the year, and
375. 6d. for the early part of 18.52. In home melted a good
buninens is doing at 37.. nett cash; there in, however, no
decrease of supply. Other sorts of tallow arc more in re-
quest, but rather lower rates are acceded to. Stock of
colunial and foreign in 23,000 casks more than last year ; de-
liveries are equal to that time, and rates are Is. to 6n. 6d.
per cwt. lower. Rough fat is not cheaper, stock is, however,
scanty, and there are few purchasers.

r, Nov, 14. CLose or THE MAX

user. -Bata'. West Hartley, 165.; Huddle's West
Hattley,l6s.; Carr's Hartle 15a. ; Chester Main, 16s. 3d.;
Davison's West Hartley, 15s. 6d.; Howard's \Vest Ilart-
WNetherton, 15s. ; J 011416011111 Ihrtley. 145. • Lunaridge's
West Hartley, 15s. 6d.; Tanheld Moor, Is. '64.; Tantl,l4l
Moor Butes, 15.. 6d. ; West Hartley, 1.55. ; Wylam,
16s. 9d.; Walls End Acorn Close, 181. 64. • Walls End
Harlon, 175.34.; Walls End Northumberland, 16s. 341.;
Eden Main, 17s. 64.; Londonderry l'rimrose, 165.; Walls
End Iletton, 181. 641. ; Walls End Haswell, 18s. 641. ;
Wall. End Lunbton, 18s. 3d.; Walls End Peasher,
17s. 3d.; Walls End Plummer, 18.4.; Walls End Russell's
Helton, ISs. 34.; Walls End Stewart's, 18..6d.; Walls
End Hartlepool, IBs. 6d. ; Walls End Whitworth, 14s. 6d.;
Walla End Adelaide Teen, 17s. 64. ; Walls End South
Durham, 17s. 61 ; Cowper' Ilsrtley, 1.55. 61.; Hartley,
14s. 6d., 15s. ; Nixon's Merthyr and Cardiff, 20s. ;
Sidney's Ilartley, 15s. 6d.-Ships at market, 119; sold, 67.

COVENT-GARD'
fill
riesapplew, per lb., 3. to Go
Grusin, boultmae p. lb. 241 t, So

r.-TIIIS DAY.

- boa , W le
Melons, ...eh In
. .

11aacols. per Ora."
sweet, per lb., 7e to 2.
Oranges, per dos., Is to I. 62
per too, G. to lUs
Nuts, Bar, p. bush., 20s to 22.
Prato', p. Nub., 12s to las
I Filberts, per 100 lb., 70s to b°.

Apples—, latch... per tur.11.,15t024,1
Peers. demert. per 41 a., 2* to 4.
leinwq per dor., 1. to Is
Walnut*, per Ouse., 12. to 24a

("Afro., per dos., Ad tole

Leeks, per bunrb. ld to 2d
pfl.lb,2;!:t to !!t

Caulirlowere, per dol.. Gd %obi
&John Bonner., p.h.eve., :a tots
Broccoli, per bunch, e.l. to I•
Pe., per MeV!, Irl tol

Gsr 10., Cl to ltd
Artietvolum, per dos., 4. to 64
Lettuce, wore, 4d to Is
Cos, per rune, So to Is
Fault S.earls, p. pun., 2.4 to &I
Horse ILldish, per brlt., Is tour
Idedlleet. per c10r..„ I! to 11,

PetZre. 4.. to 80s

per cwt., 2. u,
- p,l/ bu-lo ,Is to 2s 6d
tonsil& per litmch. id to SI

e: t
1.1‘...°

Firel;ruo per pot. 1 ■ -to—iL3d

ILdiel~a+y prr Flux., IM t., Is W

Ttirnip, per:W..9J to la I
falerr, per out) (al ie le 64
Carrot., per bunch, t,l le 6.1
Brume4 aproute, per half atm.
94 to •
Sp:nun, per Nee*, 1.6.1 to 2a
Onions, per bomb, 14 told
apasirlt, p. doe., I sad to Ss
Ead lee. per m.% 9d lo
Beet, !er dos., eid w la

bu;e7, %to is
Sorrel, per halt were, bd to 0,1
Tcro.doro, per half-riere, 3 to a
Fennel, per bunch, 24 to 3d
Savory, per bomb, 3d to 3d.

Thycir:per ?wor,2;, 24 Wid.

it.tntleWp. Jos. buil., es to 34
Roo Per '. gd 1.
taw, Der bored \ 14 bun
to 33
Bard, per Wadi, 3d to 44
3lertornm,do., per 3.13443 d tr 4,1
Wetercre.,pdoe.taoobro.44 to Pd

Pariaips, per dos., GI to I s

EXETER, SALISBURY, AND YEOVIL
KM LWAY.

A public meeting, convened by requisition to the
maser of liuniton (E. Stamp, Esq.), and signed by a hun-
dred and thirty of the principal inhabitants, was held on
Thursday at the Dolphin Inn in that town, to consider the
subject of railway communication from Exeter, through
Huniton, to Yeovil, and adopt such resolutions as might ap.
pear advisable to effect tho speedy construction of a railway
through that important district. he meeting was very
fully attended ; and amongst the inhabitants of the town,
and gentlemen of the neighbourhood, wecc—Sir J. Kenna-
way, Burt. ; the Ilan. \V. W. Addington ; Sir E. S. Pri-
deaux, Bart. ; C. Gordon, Esq , jun. ; Locke, Esq.,
M.P. ; Col. Bart.
etc. &c. The mayor presided.
Mr. LOCKE addressed the meeting at some length, and
after justifying the directors of the South Western com-
pany for the part they took in declining to pro-
ceed with the line, under the unfavourable circum-
stances which succeeded the passing of the Exeter,
Salisbury, and Yeovil bill, said that they had
made an offer to the Sonth Western directors, which
hui did not believe could be refused—that the South
Western Compony should find half the capital, and they,
as a body of landowners, the other half. They then simply
asked the company to give them the half of the profits on
their own share of the capital, and to take the other half
(or themselves. They simply asked them to give half of
what they equally brought upon the construction of the
hue. When he looked upon the different state of things
which now exited, he felt that it would justify any pro-
prietary in taking into actions carodderation the construction
of this line. He entertained no doubt whatever but that
the landowners and others interested in the line would
be able to du their part to the accomplishment of the pro-
ject. Ile had nut under estimated the difficulties in the
way of its attainment ; but, as to the 550,0001., he was in a
condition to say that he had already got half of it. (Cheers.)
He did not think it would require very much effort to induce
the gentlemen living in the awrict between Exeter and Sa-
lisbury by some means or other to obtain the other half. Ile
therefore felt that he had got the 5-50,0001. necessary toper-
form the part of the project •vhich they had undertaken on
their parts, and he had no doubt but that the South Western
Company, when they came to consider the proposition, would
be prepared with their part also. lie stated solely on the
ground of their interest (but he was prepared to prove by
haures), that whilst they would get 5 per cent. for their
money, he believed the South Western Company would get
for its portion between 9 and 9 per cent., because they
would get half the profits and the increased traffic upon
their line. He then alluded to the different projects before
the public—one was the coast line, which adopted the same
route from Axminster to Exeter, and then taking a line
from Axminster to Bridport, and from thence to Dorchester.
There was another proposition by the Bristol and Exeter
Railway Company, to make a branch line from Hcle, to
terminate in this town. With regard to the Dorchester
coast line, they would imagine, at all events, that as far as
the coast was concerned it would be shorter; but it was a
remarkable fact that the distance from Exeter to South-
ampton, which was on the coast, was positively longer than
by their line through Yeovil to Salisbury. (Cheers.) Such
was the tortuous nurse of the coast line, from which they
could not escape, that the flistanCe from Exeter to South
amptou was three miles further than by the route to
Yeovil, Salisbury, Dishopstoke, and Southampton. (Hear,
hear.) Purtamouth was fifteen miles nearer by the
central line than by the coast line. If he wanted
to go to London he found it was 28 miles shorter
by the central hoe. The central line was essential to a
proper conimunicatien to Trowbridge and Bradford, the
mining end manufacturing districts, the facilities to which
were not offered by the other line. He did not believe that
this line would ever be made, unless some powerful com-
pany gave it that substantial aid of which it stood in
need. (Hear, hear.) In the event of a refusal by the
South-Western Company to accede to their offet he was de-
termined to persevere in effecting the construction of the
through line to Exeter and Yeovil. (Hear, hear.) They
must either be connected with the broad or narrow gauge,
and if it was to be the broad gauge he was prepared to
adopt it. He believed that if the the South-Western re-
fused to come to arrangements with them, that it would be
quite easy to form a combination with the broad gauge,
wlsicb would give them what they wanted. (Cheers.)
Sir JOHN KENNAWAY moved a resolution to the
effect that, having heard the statements made to that meet-
ing, they were of opinion that the line from Exeter through
Yeovil to Salisbury, being the central line, would be the
most advantageous to that town, and to the public gene-
rally, as affording not only a shorter and therefore • less
expensive through line from the West of England to Lou-
don, to the great maritime port of Southampton, the South
West of England and the continent, hut se opening up
again that communication between the West of Eugiand
and the wealthy trading towns and fertile agricultural dis-
tricts of Dorset, Somerset, and Wiltshire, from which they
had been of late excluded. _

0. gmiTil, Esq.. of Sidmouth, seconded the reso:ution,
which was carried unanimously.
A deputation was then appointed to wait upon the South
Western directors, and the meeting separated.

MONEY MARKET.

THIS DAY.
Two o'Ctocx.
The high range of prices in the English stock
market has been very fairly supported, though the
tendency, if anything, has been slightly diwin-
ward. French affairs are now watched with
much anxiety by those interested in funded.
values, and it is noted as somewhat curious that the
result of the defeat of the ministry on tke question
of the Electoral Law was a rise of some 30 cents. in
the French ltentes, and a decline of full ,} in quota-
tions here. It would appear that opinion ,on
this side is scarcely so confident with re-
spect to the political future in France, su d it must
also be borne in mind that the English market is a
much more reliable exponent of the feeling in mone-
tary circles than is the Paris Bourse, with the
examples we have before us of the systematic
way in which the course of the foreign markets
is interfered with by official action. Another sug-
gestion in explanation of the apparent anomaly is,
that parties arc known to have been going rather
largely for a fall at Paris in the belief that great de-
pression would be produced by the result of the de-
bate, and these parties seeing these anticipations
unrealised have hastened to weer themselves from
further loss.

Consols hare ruled all morning 981 to :1, both for
money and the I Ith December, except fora moment,
when they were sellers at 981. The official buSi-
ness report embraces Three per Cent. Console Annui-
ties, 981 ; ditto for account, 981, 1. Three per
Cent. Reduced, 911, New Three-and-a-Quar-
ter per Cents., 981, Annuities expiring 1860, 71.
Bank Stock, 214, 2141. India Stock, 2621.
The unfunded securities have been dealt in at
yostcrday's prices. The official report states: Fx-
chequer Bills, of the urual descriptions, 645. to 11s.
prem. ; India Bonds, I,OOOL, 61s. to .58. prem. The
smaller India Bonds were not dealt in.

The feature in the foreign stock market is a fur-
ther fall of 1 per cent. in Mexican Bonds, which
have been sold as low as 23,1, holders having taken
fright in view of the general position of the affairs of
the bondholders and of the repulrie. Brazilian Bonds
arc better, on the faith of the advice. relative to the
progress of the contest with Oribe. On the whole,
the market has been more active than is usual on a
Saturday. Business is marked in the following
stocks. Brazilian old Five per Cents., 89j.
Buenos Ayres Six per Cents., 44. Chilian Six
per Cents., 101); Belgian, Four-and-a-Half per
Cents., 89; Dutch Four per Cent. Certificates, 89;;
Equador Bonds, 3; Mexicans for account, 2.1, 23,),
et„ ; Portuguese Five per Cents (Brazil guar-
antee), 87 : ditto Three per Cents., MN, 30; ltus-
sian Four-and-a-Half per Cents., MI ; Spanish
Three per Cents., 391; Venezuela Three-and-a-
Quarter per Cents., 36.
The issue of further schemes for working the au-
riferous quartz of California, in addition to the nu-
merous projects already before the public, has a de-
pressing tendency on the market for these shares, and
quotations are looking down, though a respectable
premium is still in most cases maintained. Present
quotations are : Aqua Fria, 3 to 1,1 prem. ; Nett-
, veau Monde, Z. to -; prem.; Ave Maria, Ito prem.;
West Mariposa, ,l- to 1 prem. As we write a slight
Irally is perceptible.

The quotations for foreign exchanges fluctuated
somewhat yesterday, Paris, Hamburg, Vienna, and
Trieste being rather lower, and Arusterdiun looking
decidedly upwards. Short l'aris was done at 23.20
to 221 ; ditto, three months, 23.324 to 33. Amster-
dam coming 24 higher from the other side, did not
maintain its reduced rate of last post, and purcha-
sers not being anxious to take at present prices, it
closed 11.184 to 4. Hamburg, on the other hand,
coming lower, Ind considerable demand prevailing,
declined nearly Schilling, leaving off 13.10 to 4.
The negotiations on Spain, Portugal, Italy, and
Sicily were inconsiderable, and Leghorn was espe-
cially heavy. St. Petersburg was in great demand,
and paid as high as 37d. The London exchange de-
clining at Vienna, a corresponding decline took place
for Vienna and Trieste, which realised from 12.38 to 48.

In the bullion market to-day the effect of the con-
tinental demand, combined with the reduced sup-
plies, has been a rise of ad in the quotations of all
silver articles. liar silver (without gold) is now
worth ss. o,ld. per oz. ; Mexican and South American
dollars, 4s. Witt. per oz. ; Spanish pillar dollars,
ss. 04d. per oz.; and United States dollars, Is. 101 d.
per oz. Fine cake silver is quoted us. sd. per oz.
The returns of the Bank of Englund for the week
ending Saturday, the Bth November, when compared
with those for the week preceding, exhibit the fol-
lowing changes:
Circulation issue
Circulation active 20,121,340 Decrease 347,380
Public deposits 6,086,141 Increase 648,088
Other deposits
bleverynent securities in

banking department 13,241,768 Without ulteration
Other securities in banking
department
Coin and bullion in both

departments
Seven day and other bills 1,228,758 ltecresse 41,11104
The Rest
The Reserve 9,1,8,061 Increase 317,145
The stock of bullion is shown to be almost sta-
tionary.
---••-•• --- - - - -

NNOLIBII FUN Del.—THic 1.41.
'tack Stock. '.:94 13 1.0u4 Acottlitio..
1 lm U. Iteticceol. 91'2 f 1 o•lic at. ck . tili2 3
3 per U. Colowl1,1•84 I Ditto 11...14. 1.140 L. 61h. , ;::.*
1/ pa Vi. C.A.!, :MI 2 lifeilt.l.l. BM., 1.U11411.. Wit.. :Art.
COIWOL fur Acct.. Vet 1 o.

per Ct. 1:41104p. BB 90 FORNIOI
5 per Ct. lintr3llza, M 7 :/
De. New, Ni
• Per Ct. 11 1e... 41
emilm. 1.1 3
per Ct. Champ. 64 6
3 per Ct. Dauleh. 76 4
pee lA. Dutch, t 444
4 per Ci. Latch. VO 144
4.40.1nr, 3 5
1 per Ct. Orsna4l.4, 14 15
PardpPart 5 Per

I FUNIOd.
3 per Ct. Ntoakart, 231 5
45 per Ct. Kr urlan. r 475 et
MU" I...turrad. 415 15
5 jrc 41. I.ortugutp.,, 61
?
5 per Ct. Ilnr,4m, 111 13
45 per Ct. Ittot.tati. 102
5 per Ct. aeni.lC Acure...:hi
("t. etptul.h. 311
DJ. l'a...are. 5 5
2 P^r Ct. Vvnegoci... 35
lk..lklerred. 125 1.35
Cent., 34 5 di.

SMITHFIELI) HAY MARKET.—THIS DAY.
Messrs. Cooper and Davis report the trade heavy at the
following prices:—Prime Meadow Ilay, 70.. to Toe. ; infe-
rior, 60s. to 67..; Itowen, tith. to We. ; Clover, 70e. to Bth.
second cut, GOs. to 725.; Straw, 225. to 2fn.

TfIE FATE OT TUE CRYSTAL PALACE. Within
the last two days there has been but little visible progress
made in emptying the Exhibition, and if the work goes
on at its present slow rate it will be some considerable
time alter the building is thrown upon the hands of
Messrs. Fox and Henderson, before those gentlemen can
proceed to the work of demolition. Hut we believe the
chances for its preservation have considerably increased
within the last few days, that is to say, the pub,ic manifest
a strong wish for its retention. For some reason or other,
which we could never clearly understand, there was always
a prejudice against the building a* a permanent erection in
the minds of many. If not a majority, at least a con-
siderable and influential portion of the bureaucracy of
the Exhibition were opposed to its remaining; others
were very lukewarm, and but few were ardent in its
defence. It was a building composed of glass and iron.
It belonged to no "order.' It had neither cornice, frieze,
nor architrave. It did nut take twenty yeses to complete,
and its architect was not paid 30,0001. It had none of these
recommendations iu its favour. On the contrary, it was
the painter and the glazier, and those who do •• smiths'
work in general," that carried out its execution. Thug
being the case, how could it he expected that such a mush-
room growth would find favour with men who were
not revolutionists or innovators Most of the oom-
missiouere could not sanction so glaring a vieht-
Con of all established usage, and so down the
building must come when the goods are cleared out.
Beside, wishing to show that they were men of " order,"
they might bare desired perhaps to exemplify their wisdom
by literally fullowing the declaration of the wise man, who
tells us, " that there is a time to build, and a time to pall
down." Meanwhile, however, the work of clearing pro-
ceeded, the canvas covering was removed, some bright rays
from even a winter's sun were, almost providentially, let
into the building; there was something unquestionably
im-
posing in the abnormal growth which "lay floating many
a rood" before you in its cerulean atmosphere, and thus the
instinct of the beautiful came to the rescue of the Crystal
Palace, by bringing **Ration and compunction into there
minds which were before indifferent. Acting under this
feeling we believe then whoa the Glass Palace is entirely
Lee of its present lagging occupants, the public will be
trcely admitted within its portals, so that they will have an
opportunity ofj editing for themselves whether it is desirable
to chaage each a structure for a grass plot.