The Express.
London, England, 1860-07-26 00:00:00

SILITIBII 1.061118810N1L

Et IPd I IteaLWATIL I 4: /"IniteXwo I lass 80-014
T. to 1 p.a
es all Atlantic 481. la
IL 100 Bora Bed. ag..la.p,bp.c t NA—
N 16 Do. do. B. a 11 —
flOl all Bulfalodlokelloronil 41 6} -
911 all Do. New — —•-•
10 01l Do. Preference 64 *
110 ISO Bult,Braok.dOoderieb
6 p.c. Ma, Sot 1.1872
endoreadbyßuff.&L if . Ti N
-
Ile 100 Do. Julyl,lB7B, ditto 7O Ti •-•
160 100 Do. Jane 1, 1074, ditto ee Ti
$ i Calcutta tB. Zastaru 1 dig par
* 3 OapetdDockflp.o.rea
* 71 DayNa, carir coat 1 01
19 74 &Amu
IL 100 Baal ludas
to 16 D 0......,.., I. _
20 16 Do. Jubbulpare i die
100 all Do. 41 p. el.Dabawl 1
100 all Do. sp. el do lOOl 1:3 ....
28
84.
10
100 Dread aD &Wont Meof 6. lbourne II 23
Tema 17
100 all Do. I per et. Prot 9Ol 93841
100 all Do.B6e.Pret.6_p.et.Be 7O 76
190 ill De. 8 par cf. Dab=l, 6l IA 111
100 all Do. T per oL UN— 60 06
100 all Do. do. M.— 50 66
100 all Do. do. 1071. 60 66
et. toe illdiall Pieuria. Nit in 97 01
111 41 Do. New
ID la Ot. S. all= 1 et. 11 191 die lif
601 ail Wad n 11 111
911 18 Do, New die
100 all Do.Bda,pay7S,Z4 A .
100 all Do. de. 7a WI N as
100 all Do. do. 73 SS VI
IN all DallepeL/Ida,pay. 110 91
8l 100 Madras Guar. 44
1—
at. N 1111
86. 140 Do. do. 6 parpar
et. 964 964 96
86. 00 Do. 41 per et. Bates B9 91
N 10 Do. 4th Krim. do.
8l ISO Valb.Corp.ep. et. Banda -. .... ....
ID all N. Breeowitk & Canada
N all Do. • do. esp Land do. 6 7
N aD Do. do. B cap. do. 6 7
N all Do. do. load do. 6 7
N is de (Ilmited) —
et 100 ode —
90 7 Du. PonJaato
et. seo Do.lod.lit. Viols. 1164eL Id 85
10 1 Melded. Waited. kelp 4 I 61

100,410 IL Commercial lOO
WOO at. Do. 4p. CO. Pref.. MM lOO
AKIN 9t. LA mad West India lOO
,4111310 94 tondos 100
,419,100 IL 04. Latherisa
seems 94 Bosthawks 100
IMMO SR Victoda
1100
04010 M Do. Dew

~~~

97 99
f die paz

sal wl
_FA

MONEY MARKET.-211IS DAY.

Two o'CLoca.

The funds opened this morning at a fresh im-
provement of per oent., but have since relapsed
to the closing quotations of yesterday. Very little
business is going forward. British railway stocks
remain prominently firm, with a continued ten-
dency to improvement, owing to the scarcity of
stock.

At Paris this morning, &wording to Mr. Renter's
telegram, the Three per Cent. Rented, opened at
87fr. 90c., being about i per cent. worse than at
the close yesterday.

Consols are officially marked 931 and for
money, and 931 for the account. The pre-
sent quotations are 931 to for money,
and 931 to for the 9th of August.
The official business report is as follows :
Three per Cents. Reduced, 931, # ; New Three
per Cents., 931, #, 1 ; India Stock, 219, 217; ditto
Five per Cent. Stock, 1859, 104, ; ditto Four per
Cent. Debentures, 1868, 961 ; ditto 1859, 97 ;
ditto Bonds, 3a., 7s. dis. ; Five per Cent. " en-
faced " rupee paper, 97 ; ditto Five-and-a-Half
per Cents., 1021 ; Exchequer Bills, Is. to 4s. prem.
The foreign stock market is quiet, the inquiries
being limitad. The Turkish Loan of 1864 is
quoted 76+ to 77, and that of 1868, 591
to 601. Sales are recorded as follows:—Bra-
zilian Four-and.a-Half per Cents., 1858,
87+ ; ditto Four-and-a-Half per Cents.,
1860, 88 ; Dutch Four per Cent. Certificates,
1011 ; Sardinian Five per Cents., for account,
831 ; Spanish Three per Cents., 481; ditto New
Deferred Three per Cents., 391, Turkish
Six per Cents., 1854, for account, 761 ; ditto Six
per Cents., 1858, 601 ; ditto for account, 691,
601. _ _

In the discount market the rates for the beet
short bills continue to rule a fraction below those of
the Bank. The business at that establishment is,
consequently, upon a quiet scale.
The 50,uU0/. by the Adriatic has been taken for
abroad.

The Delta will take to-morrow 15,0001. in silver
for Bombay, and 7,0001. in gold for Alexandria.
The prospectus of the United Kingdom Electric
Telegraph Company (Limited) is issued. The ob-
ject of this company is to establish a new system
of electrical communication, " based on the prin-
ciple of the penny postage," whereby messages
shall be conveyed throughout the United Kingdom
at a low and uniform rate—a shilling for a short
message, or some equivalent charge—irrespective
of distance. The system adopted is that of Mr.
Allan, by means of which, it is contended, there
will be an estimated economy of from 30 to 40 per
cent: in first cost and working expenses. A
special act of parliament empowers the com-
pany to establish telegraphic communication
throughout the United Kingdom, and gives
it the compulsory powers needed. It is
proposed in the first instance to pleas London in
"direct circuit correspondence" with some of the
principal seats of internal trade, particularly with
Birmingham, Manchester, and Liverpool, and after-
wards with 14dinburgh, Glasgow, Newcastle, Hull,
York, Leeds, Belfast, Dublin, Cork, Bristol, Ply-
mouth, Portsmouth, Southampton, Brighton, Car-
lisle, and Cheltenham. An association which pro-
posea, as it were, to popularise the electric tele-
graph, and to utilise to an extent never before
accomplished the greatest invention of the age,
obviously commends itself to public sympathy ;
and the promoters therefore express a belief that
it will enrol amongst its subscribers many commer-
cial houses which are deeply interested in effecting
economies in the existing incomplete system of
telegraphy. The names connected with the under-
taking are very respectable. The capital is fixed
at 160,0001. in Si. shares, but it is mentioned that
tho capital now to be subscribed for will form merely
the first section of the undertaking, and that future
issues will be offered, in preference, to the
existing shareholders. The directors further inti-
mate their intention of commencing operations so
soon as the amount which they may consider suffi-
cient shall have been subscribed for.
Another new undertaking is the Royal Hotel
and Hunt Club Association of Slough. The direc-
tion consists principally of country gentlemen, who
have purchased the Royal Hotel at Slough, and
propose to alter and improve it. Great stress is
laid upon the attractions of the nekzhbourhood,
and especial attention is to be paid to the accommo-
dation of gentlemen who hunt with a view to the
formation of a Hunt Club. The capital is to be
40000/., in shares of 51. each.
The bill of the London, Chatham, and Dover
Railway Com y has gone through the final ordeal,
having the Committee of the House of Lords
on Tuesday.
The half-yearly meeting of the London and
Bleckwall Railway Company is called for the 14th
August.
At a meeting held yesterday of the creditors
of Mr. Mundy, tanner, of Bermondsey, who
stopped payment on the 2nd instant, the
balance-sheet was presented by Mr. Turquand,
of the firm of Coleman, Turquand, Youngs,
and Co., accountants. The statement shows about
Ils. in the pound. The discussion had reference
principally to the transactions between Mr. Mundy
and Messrs. Streetfeild, a sum of 25,8011., repre-
senting over-drafts or accommodation bills of the
latter firm, being included in the general liabilities.
On this point no anger was shown with regard to
Mr. Mundy, as he had yielded, against his own
wishes, to the solicitations of the great house,which
he looked upon as holding a good position. But
for these transactions the estate would have been
nearly a solvent one. The stock was valued at
25,5791. by Mr. Mundy, who does not offer the
payment of a composition, but leaves himself en-
tirely in the hands of the creditors. Much sym-
pathy was expressed by several creditors, and it
was finally resolved that the estate should be wound
up under a deed of assignment.
The adjourned meeting of the creditors of Mr.
Joseph Hooper, loather merchant and tanner, also
took place yesterday. The discussion turned for the
most part upon the bill transactions of the firm,
which were characterised as being of an " accommo-
dating" character. The stock had been valued by
Mr. Hooper himself, and his estimate, it was stated,
is a fair one. It was complained that no stock-
taking has been practised by Mr. Hooper from the
time when he coninieueed business until the 31st
of December lent, when the estate showed 16s. in
the pound, against 3s. Od. now. It was finally re-
solved that the estate should be wound up iu the
Court of Bankruptcy, so as to allow of a full inves-
tigation.
Subjoined is a report on the present state of the
leather market.
At Leadenhall market on Tuesday the leather trade was
dull; the position of the large firms that have lately sus-
pended payment, although not really affecting the supply
and demand, continue. to exercise en untarouralde impres-
sion oe the market, and prices in general wanted firmness.
Market hides realised fully former rates. In foreign hides
about 1,800 River Plate have been sold ; best heavy Buenos
Ayres ox at 71d. ; light ox at 71d. ; and cow at 7d. Nal
Australia beat heavy at 151 d., and NO light at 41d. ; also
700 Rio Grande heavy at 711 Most of these hides have Leen
sold for exportation.
Subjoined are the latest prices of insurance,
dock, canal, and miscellaneous shares, as given iii
the last Stock Exchange list :
Ineungics.--County, 84 ; Eagle, 7X, 7 ; Indemnity Marine,
162 ; London Provincial Marine, 11 ; Law Fire, 4} ; Ocean
Marina, 71, Plurals, 173 ; Royal Exchange, Wax die.;
Rock Life, 81; Thomas and Mersey Marine, 2x, 3; Uni•
venal Monne,2l ; Cubs, 272, ex div.
Gee.—Brighton. 19 ; Great Central, 81 ; lon 751,
77, 781,ex div. ; ditto New, 37 ;Phenix, 614 Westminster
Chartered, 811, ex div. ; ditto New, 121, ex der.
locks—Pit and West India, 120. es Vieteets, 9g,
ex die.
Waterworks—Chelsea, 30, ex die. ; East London, 1231,
124, ex div. ; West Middlesex, 1021 ex die.
Canals.—Kennet sad Avon, 61 ex div.: Regent's, 22,1
ex die.
The London and North Western Railway traffic
return sheers this week an increase of 5,1991. ; the
Great Western an increase of 2,0091. ; the Great
Northern an increase of 1,5601. ; and the London
sad South Western an increase of 3,3781.

The traffic return of the Grand Trunk Railway
of Canada for the weak ending the 7th inst. shows
an increase of 2,4751. sterling.
We find in the Ntio York Tribune, of the 7th
inst., the following statistics bearing upon the
general financial position of the Illinois Central
Railway Company :
The 111 Mo's Central Railroad has earned for the lint six
months of this year 1,174.508 dole. 88c., against 857,421
dots. 51e. for the same period last year. The gain of 317,08'3
dole 37c. previous to the wheat harvest, now close at hand,
promises well for the estimate of 700,000 dole increase for
the year. lu the knd department the turn in the affairs of
the company is equally decided. 193,806 dole 91c. worth
of lands were sold in the first five months, and in June the
@ales rim up to 71,280 dole. 02c., and the collections to
50,905 dole. 02c. The commissioner reports that the in-
qtunes for Lad are daily increasing, and that quite a colony
of fanners from Cat.ela are settling on the branch from
175 to 200 miles south of Chicago. The subdivision of the
tracts sold ix(18.55 to 1654 to new purchasers, while it does not
add to the aggregate of sales, which is now 16,000,922 dole.
fffic., is the meat healthy 'art of the business. Those reealee
will exceed half a maim of dollars this season, and
are all to parties who will enter upon the lands. The
company has cancelled 1,484,000 dole. of the Construction
Bonds, and 205,000 dole. of the Freaked Bonda, from the
collections at the Land-office. The total of cash and bonds
received at the Land.office is 3,579,906 dels.l7e., upwards of
20 per cent. upon the amount of sales. This large amount
has been collected from new settlers, 'who have suffered
from several bad harvests, and who have been crippled
from the inevitable wants incident to the settlement of a
new country. The census of Illinois is now being taken,
and it is supposed will exceed 1,800,000, against 855,384 m
1850. The value of Illinois lands, of which the Central
Company has still on hand for sale nearly 1,350,000 acres,
will surely be enhanced during the next five years, and we
may look, after the present harvest of wheat is sold, for a
great increase of the demand for land. This is the beet
guaranty for the payment of the land notes held by the
Illinois Central—upward of 12,000,000 dole., and only three
and a half million.. short of their construction mort-
gage, orig:nally 17,000,000 dials., and n .wreduced to
15,515,000 dole. by the bonds cancelled anddelivered to the
trustees.

WIDNIEDAT EVENDIG.

Consols, which closed yesterday at 934 to for
the 9th of August, opened this morning at the same,
quotation, and closed at 93} to f. For money thu
last price was 934 to f. The official business report
is as follows :—Three per Cent. Consols, for
money, 93f, 93, ; ditto for accounl/2Zrttigust 9),
934 ; Three per Cents. Reduced, , ; New
Three per Ceuta., 934, I, j, 4, 1 ; y Years
Annuities, expiring in April, 1815? 161 ; Bank
Stock, 2284 ; India Stock, 218 ; ditto Five per
Cent. stock, 1859, 1044 • ditto Four per Cent.
Debentures, 1858, 96f ; ditto Bonds, 75., 3s. dis. ;
Five per Cent. " enfatvil" rupee paper, 974, 4, 4.
Exchequer Bills remain quoted Is. to 4s. prem.
Turkish stocks were dull ; the UMW of 1854
closed at 701 to 77, and that of 1858 at 59f to 60,
after being marked 604 in the morning. Russian
scrip was dealt in at fto 1 prem. Other foreign
stocks met with little business.

Oriental Bauk shares were in better demand
to-day, and show au improvement. Union Bank
of London were rather flat. In the miscellaneous
share market there was no alteration.

The clueing quotations for the ahares in new
undertakings were as follow :—Ocean Marine
Insurance, 2* to n prem. ; Thames and Mer-
sey Marine, 13-16 to 15-16 prem. ; Universal.
Marine Insurance, 3-16 to 5-16 prem. ; London
and Provincial Marine, to * dig. ; London
and South African Bank to I dis. ; Algerian
Railways, 1. to it prem. ; Bank of St. Petersburg,
par to prem. ; Bahia Gee, *to * prem. ; and
City of London Brewery Preference, * to I prem.

MINES.-THIS DAY.

Two °Twos.

The operations iu British mining shares have
been somewhat more numerous to-day, and the
inlaid exhibits a steady appearance. In the
Ruck Exchange transactions are officially re-
corded in East Basset at 139, and in East
Caradon at 81. The following shares have &so
changed hands, viz :—East Wheal Russell, at 121
to g • Alfred Consols, at 31 to 4 ; and Rosewarne
linit'ed, at 48 to 51 • Providence, at 43 to 47 ; and.
Roseerall Hill and R,ansom, at b to h.
In foreign and colonial descriptions no change is
to be reported. English and Australian Copper
shares hat e been dealt in at 21 and 22, being dull_
Al South earn Brea Mine meeting yesterday, the aceouate
showed a debit balance of 7891. 17s. A call of Is. per share
was made. - - -

From East F.osewaine AIM Captain J. Jones reports
(July 211 :—" In the 43 east the lode produce, stormed ore;
in the 43 west 1 j ton of rich ore per fathom ; the etopes
over this level are the same as last reported. In the St
east the hole produces I too of ore per fathom. and in the
wince sinking below this level it produces also 1 ton of ore
per fathom. Ko other change to notice.
From Buller and Basset United (July 23) Captain C.
Reynolds writes :—" We have commenced to sink the shaft
again oo the lode, which is large and very, promising, and
we may expert a groat improvement at this point daily.
The lode in the to both east and west is still large, and
seems to be improving as we drive west ; all the machinery
is working well.i
From Wheat Kitty (tat. Agnes) the agents report
(July 21) The brie in the 100 west is worth 71. per
fathom ; in the 90 east, 11/. per fathom ; in the ted east, 5/.
per fathom ; in the stopes in the 90 west, 141. per fathom ;
in the 90 east, W. per fathom ; in the 82 west, 51. per
fathom ; in the 54 west, 5/. per fathom ; and in arise shove
the 54 west, the lode is worth 4/. per fathom."
From Great Wheal Busy United Mines the agenta write
(July 211: —"The 100 east of Offorors is yielding a large
quantity of ore and stamping stuff for tin. The 20 east
is worth about 101. per fathom ; 80 rise for tin, 20(. per
fathom ; Matliewa' shaft, 5/. per fathom 70 east, 131. per
fathom ; 50 east, three tons of ore per fathom, and about
3/. 10s. per fathom for ties ; and Mathews' whim is worth
5 tons of ore per fathom."