The Express.
London, England, 1859-11-24 00:00:00

COLONIAL GOVIIIINNaNT IMOUNITINI.

So. ,lb iti Isms, I`l 10 soon , *An.
1 .... : 117...4
i:g.S..i4eik lIT r 111111
= 171=1111.4 ro m"iiii
__ .. ...... blMin 1
.... - 1 p.a.,1110 Ire IPA 1011
94,1P.0.1110
Jiff& &WO p.... 1110
- IN& retlem.llll
Vate.lo.llV.X..l4buti: It 111-: 11-_.4
1 Y►dwopa~lLor. 100 UN 110 11001

aacrua gum.

1041 to;.

MONEY MARKET.-ISIS DAY.

Two o'Cuxa.

The funds remain very firm, at the late improve-
ment, and the tendency appears to be dill
upwards. Confirmation is awaited, however, of
the important statement that a proposal for
a simultaneous disarmament by England and
France has emanated from the latter power. In the
share markets steadiness continues to prevail,
although business is almost at a standstill.

The Three per Cent. Renter were quoted at
Paris this morning, aerating to Mr. Renter's
telegram, at 70fr. 16e. for the account, showing a
a fresh advance of j per cent. since yesterday.

The New Indian Loan hu farther advanced to

&so& are officially marked 961 and 1 for money,
and 961 for the account. The present quotations are
961 to 1 for cash, and 961 to 1 for the 6th Dee.
Bank Stock has been dealt in at 2281 and 228 ; the
Three per Cents. Reduced, at 911„/ and 1 ; the New
Three per Cents., at 94/ and 96 ; India Stock,
at 226; the New Indian Loan at 104 and 1040
the Four per Cent. Debentures of 1868, at 961;
ditto, 1869, at 961 and ; India Bonds, at 2s.
prem.; and Exchequer Bills at 275. and 30s. prem.
Foreign stocks are steady, with little business.
The Turkish Six per Cents. of 1864 are quoted 77 to
78, and those of 1868, 68 to 67. Mexican Bonds
are dull, whilst Venezuela are more inquired for,
Sales are recorded u follows:—Brazilian Old Five
per Cents., 1021; ditto Four-and-a-Half per Cants.,
1668, 961 ; Dutch Two-and-a-Half per Cents.,
661 (exchange 128.); Mexican Three per
Cents., 221; Russian Four-and-a-Half per
Cents., 99 ; Sardinian Five per Cents., 871;
Spanish New Deferred Three per Cents., 331;
Turkish Six per Ceuta., 1864, 771, 761; ditto
Six per Cents., 1868, for account, 661, 664 ; Vene-
zuela Two-and-a-Half per Cents., for account, 281,
28, 281.

The shares of the Ocean Marine Insurance Com-
pany are firm, at If to 11 prem., a purchase of 600
shares having been effected at the former fraction by
a leading Stook Exchange firm.
The demand for money yesterday was rather active,
many of the private banks being apparently short,
and discounters are not very anxious to do business
at 2i per cent. At the Batik the applications were
upon a moderate scale.
Telegrams from Amsterdam report a recovery
of only 1-16 per cent. in Dutch stook,. Tha
railway bills have yet to pass the Second Cham-
ber. Of the southern section, the main line will
run from Rotterdam to the Moerdyke, where the

communication will be continued bi the at present
incomplete Antwerp and Rotterdam Railway. It
is stated that the capital likely to be required is
8,000,000/. sterling, of which 2,000,0001. will be
fumed in the first instance, but that the proposed
subsequent extension of the network over Holland
will probably carry the ultimate total to 10,000,0001.
The bulk of the capital will be raised in Holland,
but English names are also identified with the under-
taking, which, in the event of its ratification by the
Second Chamber of the legislature, is expected
to be brought forward in the spring of next
year. The mode in which it is contemplated to
raise the capital is as follows, viz.—one-fourth in
shares not guaranteed; one-fourth in the shape of
a direct subvention from the state, and the
remaining one-half in Four-and-a-Half par
Cent. Bonds of the Dutch Government, whose
Four per Cent. Bonds are now quoted within a frac-
tion of par. Amsterdam is jealous of the whole
project, from a fear that trade will be diverted to
Rotterdam ; and this is one of the causes of the
opposition which the railway bills have met with In
former sessions of the legislature.
The steamer Tasmanian has arrived from the
West Indies with 132,6131. In specie. The official
explanation of the delay in her arrival is as fol-
lows:" Three days after leaving St. Thomas she
made much water from stuffing box, bore up for
Bermuda, repaired damage, and left on the 11th."
Government will make no remittances in silver by
the Bombay steamer of the 27th inst., and those on
private account will be small.
A telegram received mentions the recovery of 1,200
sove•gn, from the wreck of the Royal Charter.
The half-yearly report of the African Steam Ship
Company recommends a dividend of 7e. per share,
being at the rate of 7 per cent. per annum.
The following were the traffic receipts on the open
portion of the Madras Railway, 96 miles, for the
month of September last, and for the quarter ending
the 30th of that month, compared with those for the
corresponding month and quarter of last year, on the
same mileage :

1838. 1839.
September ...... £3,866 £6,811
Quarter ending Sept. 30 . £11,119 £16,811
showing an increase of 40.4 per cent. on the quarter,
and 601 per cent. on the month, over those of last
year.
The London and North Western Railway traffic
return shows this week an increase of 8,1141.; the
Great Western, an increase of 2,4711.; the Great
Northern, an increase of 2,13281. • the London and
South Western, an increase of 1,9861.; and the South
Eastern, an increase of 1,8031.
Amongst the new undertakings in respect of which
application is to be made for the sanction of parlia-
ment next session is one called the Milford Haven
Railway and Docks.
The eighth half-yearly meeting of the Bombay,
Baroda, and Central India Railway Company is called
for the 14th December, when a resolution will be
strzo.sed for the consoldation of paid-up shares into
_ _ .

The annual court of proprietors of the Royal
Exchange Assurance Office is called for the 21st
Dec., to declare a dividend.
The position of the market for American aeon-
rides is thus noticed by Mr. E. F. Satterthwaits :

The market in London foe Amerloss securities remotes
steady at rather Improving quotations. For the various
state.' stocks and the best clam of ndlroad bonds there is •
good demand. Illinois shares hays advanced from 44 to 41
discount since the announcement that the English committee
lad advised the Board of Directors Is New York to make a
call of 10 dole. per share, payable Ist February, 1860. This
recommendation it is believed will be in aceoedance with the
views of the board. hence the cell le regarded as • affinitive
thing. The Debenture Bonds are mann wanted to pay the
call, as also are the Fres Land Bonds by partite darkens of
paying up in full,
The sugar market is firmer. The tea sales yester-
da terminated heavily.
The new Era and Jupiter have arrived from China;
the former with 691,9001bs of tea and 514 bales of
silk, and the latter with 305,8001ba. of tea.
The movements in the freight market are noticed
as follows by Mews. Sharer, Lamb, and Co., under
date of Tuesday :
_ . .• - •

Whilst outward freights generally have continued to
assume a firmer aspect since oar report of the Bth instant, the
increase to the naval stations of Spain sspedally was so un-
duly precipitated by the sudden and vviiggaorrooaae demand for
tonnage which arose upon the decision= of war with Mo-
rocco, that we have ahead, to record a recoil in rates to the
Spanish porta which has left us almost at the previous
standard. But as the Spanish government hes taken up a
large amber of steamers, both for the conveyance of coals
and as transports, there cannot fail to be an upward move-
ment in theta freight, apht very shortly, for the consump-
tion of coal by the verde will be increased by the nature of
the roost on witlehrhey are tolte engaged. East India and
Australian ships hence are in excellent request, and in the
face of such continued dreary advice. of the elate of the
markets abroad, shipowners are naturally asking more for the
hire of their property. The coal freights, too, are very firm,
and recent aoatracte are based on a etas. The government
engagements of steamers for China, with the option of par-
chase, indicate the probability of large exports thither beteg
still required. Mediterranean homeward freights are a little
better. Wen India operations are few, and the request for
tonnage in limited. In other game= we have no champs
to note.

WIDNICIDAT ETNNI2IO.
Consols, which closed yesterday at 96 5-16 to
for the 6th Deo., touched this morning 961,
to 961 to f, and closed at 96f tot. For money the
last price was 961, "sellers." The official business
report Las follows :—Three per Cent. Consols, for

money, 96L1, ; ditte,for account (Bth Deo.), 981
Thiel, per Cent.,. Reamed, 941, 1, f ; New Three
per Coats., 941, 1, 96, 941 ; Long Annuities, ex-
pang in Jan., 1880, 3.18; Thirty -Tears Annuities,
Jan., 1880, 7-16 ; ditto, Thirty Years, Aril,
1888, 171 ; India Stook, 228 ; the New Indian ire
per Cont. Loan, 1041, 1034, 104}; the Indian Four
pm Cent. Debentures, 1868, 981 ; ditto, 1869, 881,
111 ; India Bonds, 2a prem.
The New Two-and-a-Ralf per Ceuta. were also
officially marked 80 and 794.
The New Indian Loan was again in demand, and
rose / per cent., closing at 104 to 1.
Exchequer Bilk remain quoted 275. to 30s. prem.,
and India Bonds, 2s. dia. to 2s. prem.
The foreign stock market was quiet, but steady.
The Turkish Six per Cents. of 1844 were last quoted
771 to those of 1868, 88 to 1; Mexican Bonds,
224 to 4, being rather dull; and Russian Scrip, 1
to 04 dis. Spanish Bonds were supported at yester-
day's rise. Peruvian Dollar Bonds were marked
79, ex the dividend due this day.
London and Westminster Bank shares continue in
demand. Bank of New South Wales were quoted
11. lower. Red Sea Telegraph shares were firmer
in the afternoon, closing at /to prem. Great Ship
were quoted 12s. 3d. to 12s. 9d. London Dock
stack was marked 871. and 67, and St. Katharine
Dock, 734.
The shares of the Ocean Marine Insurance Com-
pany opined at 14 to +pprem., declined, upon nume-
rous realisations by allottees, to II to 4, and closed
steady at 14 tot prem.
Victor Emmanuel Railway Bonds were firm at the
late advance.
The Indian Five !ter Cent. Rupee Loan expe-
rienced a further decline of per cent., closing at 94
to
the Four-and-a-Half per Cent. Debentures of the
Eut Indian Railway Company, issued some months
ago, are quoted 971 to 984. They ars redeemable in
four years from April next, and after April are
convertible into the company's stock at par during
thaw four years.

MINES.-THIS DAY.

Two o'CLocr.

In the mining market to-day East Wheal Russell
shares are still very dill, being marked 10 and et.
Alfred Consols have been dealt in at 61, Providence
at 461, and Hingeton Downs, at 41. North
Downs and Tincroft shares have also met with
some attention. _ _

St. iolindel:Rey Mining shares are inquired for,
and have been dealt in at Int. Copispo Mining
are marked 8.

The prospectus of the Talysarn Slate Company
(limited) is being circulated. The proposed capital
is 60,0001. in 6,000 shares of 101. each. The pro-
perty purchased by the company " comprises up-
wards of 70 acres of freehold land, the whole of
which is slate rock, on the celebrated Bangor veins."
The quarries are described as " practically inex-
haustible." The freehold, with the quarries, plant,
and machinery has been conveyed to the company
for 40,0001., half of which the vendor takes in paid-
up sharea,l6,oool.remaining on mortgage, and 6,0001.
being paid in cub.
The half-yearly meeting of the Bt. John del Ray Mining
Company is called for the 9th Deo., to declare a dividend.
A meeting of the Brenkburna Iron and Coal Company
(limited) is called for the 29th instant, and will be made
special.
At a meeting of adventurers in Great Retells* adze,
held yesterday, the report of the dames committee wee
passed. A call of 2s. 6d. per elan was soda