The Express.
London, England, 1853-12-10 00:00:00

TO THE EDITOR OP THE DAILY NEWS.

Sir,—At the board meeting of the director, of the Wies-
baden Railway Company this morning the letter from
" A Shareholder," which appeared in your City article of
to-day, was read and oon•idered. Had the worthy share-
holder, instead of addressing you an anonymous communi-
cation, done us the favour to apply at the office, he would
have learned that the directors some time ago adopted the
views he has explained with so much good sense and dia-
cretion. In a word, on account of the present political
complications, ae well as of the dearness of money, and the
gloom which consequently hangs for the moment over the
soundest and most promising new undertakings, the direc-
tors have confined their contracts to the section to Rude-
sheim, and,they have resolved to call up only the money ne-
estuary for this section, until the re• establishment of com-
mercial confidence et nden it proper for them, as prudent
men of business, to proceed with the remainder of the un-
dertaking. The shareholder is correct in stating that
the line to Rudesheim will cost not more than 180,0001.,
and that 51. per share on our 40,000 shares will more than
cover this. The directors have satisfied themselves that they
are quite safe in leading the shareholders to expect a mi-
nimum dividend of 12 per cent. on this expenditure. The
reports, drawn up by the local authorities, give 16 per cent.
as the least that can nuonably be expected.—l am, air,
your most obedient servant,
Dec. 9. WILLIAIC A. ',ANDER, Secretary.
Allusion having been made by one of the speakers
at the meeting of dissatisfied shareholders held at the
London Tavern yesterday—a gentleman named Char-
nock—to the " Melbourne and Colonial House In-
vestment Company," the secretary of the company in
question requests us to insert the following :

THE MELBOURNE AND COLONIAL HOUSE
INVESTMENT COMPANY.
TO THE EDITOR OP THE DAILY NEWS.

Stn,—The directors of the above company will thank you
to insert the following cop of a letter addreued to Mr. W.
W. Charnock, solicitor.—!am, Sir, your obedient servant,
WM. WILSON, Secretary.

13, Gresham street, Dec. 9, 1853.

" Sir,—The directors of this company notice your refer-
ence to it at a meeting in the London Tavern on Thursday
last, and they regret to understand that your letter of the
17th October was not answered from its being addressed—
very naturally on your part—individually to one of the
directors, who, at the date had ceased to be connected with
the company, on account of other engagements. But they
will be gl.d to give you every information requisite on their
proceedings if you could make it convenient to call here ;
and, in the meantime they add, that they are prosecuting
the business so far as in the meantime it can be prudently
done with the capital at their command, which
they have
been reluctant to lacrosse by calls on shareholders in the
present state of the money market. No other delay has
arisen than is incidental to the formation of any large com-
pany, or which is not now surmounted. The registration
of the deed actually occupied four months, and for that
time prevented proceedings. Our deposits were not paid
fully until the lest August, so that you will observe the
time elapsed is pretty well accounted for.—l em, Sir, &c.
" Wis. WILSON, Secretary,
" Melbourne and Colonial House Investment Company.
"W. W. Charnock, Esq., solicitor, 3, Trinity-street,
Horough."-

The annexed summary of the produce markets
during the week is extracted from the Circular of
Messrs. W. J. and 11. Thompson, issued this even-
ing :

The colonial market continues quiet at about the pre-
vious currency. There bu been a steady demand for the
good and the fine qualities of sugar, and the public sales
have gone off with fair animation, except for the Mauritius
kinds of Bengal, which went at rates rather in favour of
the buyer. For coffee there has been more inquiry, and
the plantation sorts of Ceylon have brought full rates ; the
native descriptions ere saleable at 475. per cwt. The sales
of rice have gone off heavily ; white Bengal is now Is. to
Is. 6d. below the highest point, and Madru is also about Is.
lower. The tea market hu been inactive, and common
contra has rather receded, the present quotation being no-
minally le. 3d. per lb. A series of public sales will be held
on Tuesday, the 13th instant.

Annexed are the latest reports from continental
bourses, u received by Mr. Renter's express :
Amsterdam, Thursday, closing prices :—Dutch Four
per Cents., 921; ditto Two-and-a-Half per Cents.,
611. Spanish Deferred Three per Cents.,
21 11-16; the Coupons, 5:. Austrian Five per
Cent. Metallic., 76 3.16. Portuguese New, 36 9-16.
Mexican New, 23: ex div. Granada Deferred, 8 5-16 ;
ditto Active, 21 7-16. Perhvian New, 67; Ecuador,
3 15-16. Peruvian shows a fall, whilst Grena-
dian Bonds continue in favour. Other stocks ex-
hibit little variation. Paris--closing prices of this
day: Four-and-a-Half per Cent. Rentes, 102.10;
ditto Three per Cents., 76 ex div. Bank Shares,
2,916. These prices exhibit the extraordinary rise
of lfr. 10c. in the Feur-and-a-Half per Cents., and of
lfr. 60c. in the Three per Cents.
The return of the Bank of England for the week
"ending Saturday, the 3rd Dec., is as follows :
DANK or EAGLAND.—Accecet for the week ending Dec. 3.1801

IMO. DUI
Note. I..aed -- ...... Z18.4(16.500

THIS DAY.—Two O'CLOCK.
The English stock market opened with increased
strength, and soon attained a further rise of per
cent.; but a reaction has since taken place, and
prices are now nearly per cent. worse than they
closed yesterday. Consols opened 95'4 to ex. div.,
for the 18th January, advanced to I'sl to 1, tell to
951 to and are now quoted 954, exactly. The
Three per Cents. Reduced have been dealt in at 934
to 96; the Three-and-a-Quarter per Cents., 97! to .18;
Bank Stock, 220 to 221; Exchequer Bills, 6s. to 9s.
prem.; India Bonds, 2s. to ss. prem.
Foreign stocks are quiet, and steady in price.
Buenos Ayrean Bonds are better, having been pur-
chased at 66 to 67. Mexican is quoted at 25 to ;
and Spanish Deferred, 22! to 1. Peruvian Four-and-
a-Haif per Cents., have been dealt in at 70; ; Sar-
dinian at 91 ex div. ; Spanish Old Three per Cents.,
461 to 47; Granada Deferred, 81.