The Express.
London, England, 1858-07-21 00:00:00

THE EXPRESS, WEDNESDAY EVEN G, JULY 21, 1858.

the tights of the livery to do so, and he hoped that Mr.
Alderman Copeland would stand ; In which event he would
himself propose at the common hall that the mlary of the
office should continua at 2,6001. a year. (Cheers.)
Mr. Jonas (Strand) oleo called upon Mr. Aldermen
Copeland to steed, ea the only other candidate in the Add
was a gentleman who had been a clerk In the chamborielts's
office, but who, it many respects, was not third to en oak*
which sometimes became of a eragierwial character. (Hear.)
Mr. Alderman CO/PREMED begged to add smother oboe-
venom. Re bad bee gives to anderetand that if he UMW
chestiest& he would be expected to resign bia seat In per-
liameet. ("No, no.") He was not prepared to do that —(beer,
bear)--eml, In fact, would not de No. (Hear, hear.)
Mr. 'melt suggested that a texemon hall might be held
on Thanday or Friday, to settle the question of salary before
the elmitlem ea Saturday.
Mr. Aldermen CARTER thongbt MO good would Wile from
web a awn% ea although the election of the odiro rested
with the leery, the right of &lag the salary rested with the
Oemmos

Mr. A7ll7)o—fts argued that the palmy ought not
to be mimed, and exprested his opinion that the Court of
Cam= Council would not tasks a reduction, if the com-
a= boll expressed on opine= to that alert. With mud
to Allmon Carahri, ha bspad be would allow hl. to
be pat to amiastios, sad that the meeting would peas a
ressiodth talus upon him is do so, which he (Mr. Moore)
°Potholed by lapwing.
This modem having bets Noriatied by Mr. Jones tram car-
ried astbasisotically.
Aldsommt COPELAND, however, perslinad in bit resolu-
tics, as at ewer announced ; at the same time Mound hit
hops that some other darn= would come fot ward.

SHABB LIS7&-1H1.9 DAY.

Two VOLooi.

Tee railway market to-day is rather flatter, chiefly
u regards the heavier stocks, which exhibit in most
cues areductionot to per cent. Business is limited.
London and North-Western stock is quoted 91k
to 1; Midland, 921 to 93 ; Great Western, 491
to 1; Lancashire and Yorkshire, 91k to ;
London and South-Western, 47 to 3 per
share; Great Northern, 261 to 1; and Eastern
Counties, 121 to;.

Grand Trunk of Canada shares are more offered.
Pm nambaco are marked } dim.

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NUN

MONEY MARKET-THIS DAY.

Two o'Cuxw.

The fonds at one period of the morning were
slightly weaker, a reduction of 1 per cent, being
quoted, bat a recovery to the closing quotations of
yesterday has since taken place. The government
broker his taken a small parcel of New Three per
Cent, stock. Business is limited in all depart-
ments of the Stock Exchange, and, upon the whole,
lees disposition to purchase is shown.
Consols for the 6th of August, after receding
to 951 to 1, are now quoted 95f to f. For
money the present quotation is 95f, "sellers."
Bank Stock has also been dealt in at 223 to 225;
the Three per Cents. Reduced, at 981, 96, and 931;
the New Three .per Cents., at 98/ and 98;
Exchequer Bills, June, at 23e. prem. ; and Exchequer
Bonds, 1859, at 1001.
The foreign stock market remains quiet. Turku&
Six per Cents. are steady at 95 to 1. The
scrip of the New Brazilian Loan has ins-
proved to 3 di,. to 1 prem. Spanish
Bonds continue in demand. Sales are recorded as
follows :—Brazilian Old Five per Cents., 103; ditto
Four-and-a-Half per Cents.,lBsB, 98; Buenos Ayres
Six per Cents., 80; ditto Deferred Bonds, 14f ; Chilian
Six per Cents., 108; Portuguese Three per Cents.,
1863, 461, 451; Russian Four-and-a-Half per Cents.,
991; Spanish Three per Cents., 43i; Turkish Six
per Cents., for account (July 30), 96f.
At Paris to-day (Wednesday), according to Mr.
Renter's telegram, the Three per Cent. Rents@
opened at 68.40 for the account, showing a fresh rise
of Sc. compared with the latest quotation of yester-
day.
The amount of gold sent into the Bank yesterday
was 40,0001. Only about 30,0001. out of the sup-
plies awaiting sale is known to have been taken for
the Continent.

At the Bank yesterday there was no increase in the
demand for money. In the open market a fair
amount of business was done, the rates remaining as
before, viz., 21 to 2! per cent. for choice bills.
In the Coma market the rate for loans from day
to day is still only per cent., but we hear of 2 per
cent. being paid for loans until the August settle-
ment.

Considerable interest was excited yesterday even-
ing by the publication in the Express of the Report
of the Select Committee on the Bank Acts, although
the committee confine themselves to recommending
that the monetary system of the country shall remain
is statu quo, at least for the present.
On 'Change yesterday the rates for bills on Paris,
Belgium, and Austria were quoted rather more
favourably for this country. In other cases little
alteration took place. The current quotations are
shown below.

Amsterdam, three months, 11.171 to 1; ditto, short, ILI4I
to 164 ; Rotterdam, three months, 11.174 ,o ; Antwerp,
three months, 26.94 to 71; Hamburg, marlin halm, three
months, 13.61 to ; Paris, three days right, 26.6 to 121;
ditto, three meths, at% to 74; Prarkfort-on-the-Maine,
three month', 118 to 1 ; Petersburg, per rouble, three
months, 361 to 1; Vienna, Mt 80., three months, 10.2.8 to 8 ;
Trieste, do., three months, 10.27 to 9 ; Madrid, three
months, 49 to 1 ; Cadis, three months, 491 to ;
three months, 29.70 to 21 ; Genoa, three orooths,lar to'
21 ; Naples, three months, 41 to 1; Palermo, three
months, 1241 to 1 ; Marina, three months, 1241 to i ; Lisboa,
90 days, 611 to 62; Oporto, 90 daya, 621 to 1.
The ships Blervie Castle, Ferozepore, and Velocity,
hive arrived from China with 2,171,3001b'. of tea.
The dividend declared at the half-yearly meeting
of the St. Katharine Dock Company, held yesterday
was at the rate of 24 per cent. for the half-year, and
the directors' report was adopted.
The resolution finally agreed to, after a prolonged
discussion, at the meeting of the Eastern Steam
Navigation Company, held yesterday, was as fol-
lows, viz. That Mr. Datw, Mr. Beattie, Mr.
Morgan, and Mr. Alderman Rase, be added to the
committee of co-operation to assist the directors in
devising some plan for re-organising the oompany,
or for framing a new company, to whom the ship
may be sold.
The half-yearly meeting of the Scottish Austra-
lian Investment Company is called for the 30th
inst., and will be made special, to authorise the con-
version of the shares into stock.

The half-yearly meeting of the London and
Blackwell Railway Company is called for the 10th
Acquit
The half-yearly meeting of the Mid-Sussex Rail-
way Company is called for the 6th August.
The half yearly dividend is advertised on Camden
and Amboy Railway Bonds.
With reference to the suggestion that the portal
service to Auvtralia may be performed fortnightly,
rid Suez and Panama, alternately, a correspondent
=prams himself as follows :
It le a matter of necessity that before her Majesty's govern-
meat subsidize the western route, some security for the tran-
sit across from Aspinwall to Panetta should be =hall
guaranteed between England and other nation, inte
At present the Royal Mail Steam Packet Company he;
srranged to convey the mails monthly between Southampton
and Sydney by way of Suez for six months, until other con-
tracts are made— all penalties for unavoidable delays being
abolished, and the company properly remunerated for its mar-
vices, It is to be hoped that in any Anal contract a proper
liberality will be displayed on the part of the government,
and as it has been proved that the highest rate of speed m-
oot be maintained on long voyager without gnomons epc.
ft will be sufficient to secure regularity mad a node.
rate degree of expedition. Engineers and theorists may
speculate on ever-increasing rates of speed, bat capitalists
sill not come forward unless they ire properly remusersted
se shareholders in steam packet companies.

T CIIBDAT 5•1111 N.•

Business in the Stock Exchange to-day was lees
active than yesterday. Many of the speculators con-
tinue to hold aloof, owing to an ides that at the
present period of the year, when everybody is be-
ginning to be anxious to escape from town, a nul-
-1 tained upward movement can warmly be looked for.
Meanwhile, however, the public continuo to make
moderate investments in good securities, and the
general tendency of the various markets is favour-
able. The funds closed to-day at an advance of
per cent., assisted by a speculative pusher of
100,0001. stock ; and in the market for English rail-
way stocks improved prior were in many cases
established.

Console, which closed yesterday at 951, " buyers,"
for the sth August, opened this morning at 951 to
1, and closed at 951 to t. For money the last pries
was 951 to I. The government broker made his
nand investment. The official business report is as
follows :—Three per Cent. Consols. for money, 931, 1,
1,1; ditto, for account (sth August), 9511
Three per Cents. Reduced, 96, 981; New Three
per Cents., 96, 961, 951 961; Thirty Tears Annui-
ties, expiring in January, 1860, 11 ; ditto, April,
1883, 18/ ; Bank Stock, 224 ; India Four per Cont.
Debentures, 991, 99; Three-and-a-Half per Cent.
Exchequer Bonds, falling payable in May, 1859,
100 t.
A farther improvement of Is. took plate in Exche-
quer Bills, the March bills being quoted 35e. to 38a.
prem., and the June 235. to 261. prem. India Bonds
were dealt in at 15s. to 19s. prem.
The foreign stook market continues firm. Turkish
Six per Cents. closed at 95/ to 1. The Guaranteed
Four per Cents. were firm, at 1041 to 1051. The
scrip of the New Brazilian Loan was last quoted
to / dia. Dutch Stock and Russian Four-and-a-Ralf
per Cents. were in demand. Venezuelan Stook is
also strong, the supply hi the market being appa-
rently scanty.
The demand for Bank shares continues. Orientall
Bank rose to-day 11., and Union Bank of London I
10s. London and Westminster Bank and London'
Joint Stock Bank were also inquired for. Victoria
Dock stock advanced 1 per cent. Electric Telegraph
stock was also inquired for, but Canada Land shares
showed heaviness. London General Omnibus shares
are still offered, and have receded to 21 to 21.
Crystal Palace shares were likewise flat. Theoharis
of the Trust and Loan Company of Upper Canada
were officially marked par ; East and-West Win
Dock stock, 122 ex div.; and London Dock, 104
I ex div.

MINES.-TlllB DAY.

Two daoci.

The business in the mining market is still very
limited. In the Stock Exchange Par Consol shares
have been dealt in at 17. Shares in Clijah and
Wentworth, Devon Great Consols, Cam Brea,
Wheal Harriet, and Great Wheal Alfred, have been
dealt in at about former prices.
In foreign mines the only transaction officially
marked ism Cobra Copper shares, which have been
dealt in at 41}, being rather more inquired for.
Other foreign descriptions ere very quiet.
An extraordinary general meeting of the Speesart and
Vogelsberg Mining Company, Limited, is called for the 28th
instant, to alter the regulations of the oomPahl.
The Emoted Mel= Coomsar diroltedf sold yesterday 30 loos of
diver Iced ore, at 121. lis 6d. per ton.
At Pandeon COOsoill 111 teem north the lade Is large. worth 61 pet
fathom. lo the 70 north the lode la pradadng I loosed ore per fathom,
worth 91. per tom The mope =Mod es BS ore producing li ton Pe
fathom, worth 71. 10s. par ton. The ot=ntn the ninth end of 70 wine
the Ede la worth 3 tool of ore to the Whom, worth 404 per fathom.
The dopes In toe mouth end of the some nose le turning out Won per
fathom, worth 91. per fathom The dope =bind me 70, 1 ton
per fathom.
Tgeo, gausmoor,Haotalo demos !Laborde reports 119tb July) i—, At
the (10 set the lode has a army women( apnarson, produces 101310
toed dons of ore on the mouth part of the lode. At the 40 me ins
Live been driving by the side of the lode, which looks well on the wan
wall, water still dropping forth In the end; the lode will he tads emu
and reported= neat wet. Al Wee Hawkrooor in nom to grin
oet the were of the lode on ?borne lama the b -oeh In al._altpd
ladies one, poducin tome saving work for copes, of good
Prom great WOW Alfred (July ID the is nee :—" 'MVOs ha
Hoperehowie =aft Coking below the 190 L 4 feet Wen, Wen Or no
whom kogth at feet) Itan per fathom. The hods In rbisan,Le the
above eat is from 5 to 6 feet wide, worth MM. per
lo this level not is gendy Improved; it le now frame lo 4 hid *de.
worth 351 per fathom. rho lode to the 110 wee le
work for eopper. The north part of the lode la lb. bottling:el:4
Ina tribute ph= working at 6, in the pound. L confidefe3lll
sod Is now worth full 50f. pm inborn ; It has been Open ea
egibt, SI fathoms in booth and o fathoms In height. We ban •
mom= a few fathoms emit to cot the emer part of lodes. we
lad tin 'dabble cone of ore to attend =kit will odd
to the vane of the =rm. 110 change In the 170 wee Ms In M-
aud= steam of yellow ore. •
The Avenel= Minos Company are In nein of e1....,Les gnu Oak
ann. Mr. Power, as fobion .-- OW 11.. April lik ....
Liter we have hen getting on ver 7 deadlly, having eoak Ye
teMee
shoat 4 Whom, the abaft being now about 23 raises' Yep,
grow= matinee the ammo and we have, es Wore. szlop et aisu,
with yellow on, and cossiderable qamatites of manna As lier rah
be jowled from the pulite of th.x.et Le.. our are Feat
Tory good.* And agtio, under daisies, 0, INlo—The
dotting of the thrift in i.rogreodog Memonte. Mil Plena W
terentornst dont for the lad Ise Whore. •I=tiesswems
thaft Is damn about 16 fathoms sod assured Is 10u
the ground we have mull small airiulls ril War. wmaillioreTabigia
Me. la the counc of a moon cede limb I lopes reeekthe
fathom level, where in shall cot • dad; bet whether nettles
to den =eat that depth, to cut the brooch sunk on by thit
.11l much di pond upon the quantity of water we theittbel e n .11l
contend with. lam rather lochoed to think It led to thopeforable
plan to IM down the VA) tabor. sad cut the main lode flat.
Prom Greet douth Tolvtoi illth loot.) Ito agent write.:—" I have
much pleasure to Inforrobol y, u that, our prospects continue to look
well. The bide In the mo merit of Lyles Matt is 3 feet wide, prod 'big
5 tom of copper ore par fathom. The lode la the wine inking bolow
the 70 le Se feet wide, producing 6 tons of ore per fathom. In Lyle.,
shaft =nine bolo. the 80 the lode Is 3 feet wide—a very moment Inn.
We have driven throogh a good lode in the 70 for about 30 reboil:in to
leng
AWheel Azar there Is an Improvornent In the 60 east of Windstoa
a. rt. The :ode ts now 2t feet wide. producing 6 ton• of ore per fathom

TVISDAT WVIORNO.

Only a moderate amount of business was done to-
day in the mining market, and prices in most cases
were nominally unaltered. The inquiries were
chiefly for shares in Great Wheal Alfred, Wheal
Harriet, Wheal Edward, Pendeen Consols, East
Basset, and Bt. Day United. There were also some
transactions in Wheal Wrey, Carnyorth, Tolvadden,
East Wheal Russell, and Calvadmack. The heavier
mining stocks remain neglected. Wheal Grenville
shares showed flatness.

As regards foreign descriptions the only
feature was a demand for Mariquita shares, which
have advanced.

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