The Express.
London, England, 1858-02-24 00:00:00

THE
,EXPRFSS, WEDNESDAY EVENING, FEBRUARY 24, 1858.

you will take prosodists, ia eddreenag the levy. (Applause.)
Mr. Bergsma Shoe, who was to ham taken precedence on
the round of seniority, hen bowed his trent.
Sir F. Kelly—My lord, looking at the balance-sheete of
June, 1266, and of September, 11356, I ham humbly to sub-
mit whether, on the part of Mr. Stapleton, I should be called
type to address the jury.

Lord Campbell—l can only state my opinion, that
the ease made against the seve-al defendants varies con-
siderably , but I must lease it entirely in the h.4.ds of the
gentlemen who ars now ably conducting the proseeution on
the part of the crown as to the coarse they will adopt.
Mr. Atherton—l feel it to be my duty as representing the
Attorney-General, to ask the opinion of the jury on the case
et Mr. Stapleton.

Sim F. Kelly then rose to address the jury, and wail pro-
ceeding with his speech when our report leR.

coedited to the Norfolk Company by the Nesters Comities
Company, se their proportion of the joint-earnings, was
47,1181. ld.„ which, after deducting the interest an
Guatenkeel Stocks sad Loam, would leave a balance of
19,9791. 10a. 9d., sad thus enable the directors to recommend
• dividend of 21. per cent. upon the ordinary stock of the
compeny for the lest half-year.
The Cue' mean, in moving the adoption of the report, ad-
verted to the falling off In the pawner traffic as compared
with 1866. He attributed it to the alterations made in the
third clue fares by the Eastern Counties Company. The
Norfolk line sooommodated essentially an agricultural
class, who only travelled on market days, and in order to
induce then to travel, trains must run at times best suited
to the markets, and at low farm. The Butern Counties
Company therefore contemplated resorting to the old system
of faros. .

-- ---
After some discuatiion the report was adopted with the ex-
ception of the paragraph which prowled that the disputa
with the Eastern Csuntis Company should bo settled by
mutual COINVISIOII. -

W
. —....,--.
On the motion of Mr. Dicier Berson& 111800nded by Mr.
Manse, a resolution was then weed, to ale egad, that the
Directors be requested to insist upon the full rights of the
company under agreement of the associated companies and
to do everything neoeesary to enforce the due performance
thereof.

The dividend wee then declared and the meeting closed in
the usual manner.

BIDEFORD EXTINSIO.V RAILWAY-(TS[B DAY).

This afternoon the usual half-yearly meeting of
the proprietors of the above railway, was held at the London
Tavern. Mr. BILAOINTON, Chairman of the Board of Direc-
tors in the chair.
The following was the report:—" The directors have to
report—That the traffic returns for the year ending Slat Deo.,
1867, exhibit an increase in traffic from 96,826 porringers in
1866, to 98,267 passengers in 1857 ; and the gross reetiiPee
from 2,8261. 6s. 4d. in 1856 to 2,9451. 2s. in 1867, main-
taining • steady but gradual increase. The unpaid shams and
arrears of mils remain se before, amounting to 18,3211. 15a.
The 'fatalities on the 6ret-coet account, have been rnidually
reduced by the rent earned (exclusive of the unadjusted
claims of the contractor), and will be altogether discharged In
the current year when the rent will become available for equal
distribution, without preference, by the provisions of the act
of Parliament, 16th and 17th Vict. Cap. 140."
The report was adopted.

SHARE LISTS.-THIS DAY.

Two o'CLocl.

The railway share market to-day is decidedly
better. Many of the leading stocks exhibit a
fresh advance of to per cent. Midland stock
continues very buoyant and has advanced to 1004
to 101,1, for the present settlement. Lancashire and
Yorkshire has risen to 951 to 96; London and North
Western, to 1011 to 102 ; and Great Northern
to 261 to 27 per share. Great Western
is quoted 81 to 611 ; London and South
Western 481 to 49 per share ; and Eastern
Counties 12 9-16 to 11-16. Caledonian stock
has met with an active demand. The North
Eastern descriptions are also much inquired for.
The fortnightly settlement has commenced, but
involves no check to the upward movement of the
market.

Indian and Canadian shares have met with a fair
demand, and are firm. Most of the foreign lines are
steady. Pernambuco shares are quoted 1t to j prem.
for the new account.

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THE LIBRARY OF THE LATE LORD ALVANLIT.—•
• collection, oropelsiag the best works is lagUils literature,
wu sold last week by More. Sotheby cud WI Odessa, sad
realised 2,1981.2 e. Bowe of the lots sold br ocesiderably
NM than they cost.
BIRTHS AND DEATHS Dr LONDOIL—The &Mho
reentered in London, which in th4evvione week wow 1196,
rose in the week that ended WI Setniday (February 20) to
to 1276. In the ten years, 194647, the average ittw
of deaths In the weeks arrespoadiag with hat week was
1,164, but se the deaths of lest week orannnd d is teenseld
population, they should be compered with lbs average, whoa
she site hes been relsod is yenpottion to the inereamos cos.
teethe wild& will give 1180: The number of deeds; wanally
Massed r very closely with the number obbihmi by
adulation. Lest Welk the births of 1,021 Lou sad 942
girle—in all 1,963 ohildrea—were registered in London. la
Chet—in
tem eseresponding weeks of the yews 1848-67 the sewage
saubse was 1,693.

MONEY MARKET-MIS DAY

Two o'CLoui.

The funds to-day have attained a fresh reoovery,
owing to the apparent termination of the
Ministerial crisis. The market opened with
buoyancy, and, although a temporary reac-
tion ensued, upon some unfounded rumours,
prices have again rallied, and are now quoted per
cent. higher than at four o'clock yesterday. The
other departments of the Stock Exchange are also
firmer. English railway shares exhibit great
buoyancy.
Consols for money and the 4th March opened
at 961, to 97, receded to 961, " sellers," and are
now quoted 961 to 97. The Three per Cents.
Reduced have been dealt in at 97 to 971 ; the
New Three per Cents. at 971 to 971; India Stock at
224; Exchequer Bill., both Merck and June, at 30s.
to 345. prem., showing an advance ; and India
Bonds at 265. to 295. prem.

The transactions in foreign stocks have been upon
a very limited scale, except in Turkish Six per Cents.,
which have been dealt in from 101 to 1011, and are
now quoted 1011 to 1. The Guaranteed Four per
Cents. are also in demand. Other descriptions are
very quiet. Sales are recorded as follows :—Peruvian
Four-and-a-Half per Cents., 82 ; Russian Five
per Cents., 112 to 1111 ; Spanish New Deferred
Three per Cents., 261 ; Turkish Six per Cents.,
1011, 1011, and 101; ditto, Guaranteed Four per
Cents., 104 to 1041, ex div. ; Venezuela Four-and-
Three-Quarters per Cent. Active Bonds, 34.

At Paris to-day (Wednesday), according to Mr.
Reuter's telegram, the Three per Cent. Recta
opened at 69.60 for the account, and, after advancing
to 69.70, were quoted at half-past 1 o'clock,
69.65. The latter quotation exhibits an improvement
of sc. compared with the closing rates of yesterday.
The telegram reports "tendency good."
During the existing political uncertainty the
funds will doubtless remain very sensitive; never-
theless, the recent agitation has improved the posi-
tion of the Stock Exchange markets, for many of
the more timid operators for the rise have
withdrawn, and the fall which followed their
speculative realisations was taken advantage
of to a considerable extent by investors. In other
words, the fall has led to the transfer of a considera-
ble mass of securities from the hands of speculative
to those of bond
,fide holders. On the one hand, is
the extraordinary abundance of money, tending to
stimulate speculation for the rise, and absolutely
compelling large investments in all good securities ;
on the other, is the fear of a disagreement with
France, an event which, though it could not prevent
the accumulation of unemployed capital, would un-
doubtedly give a serious blow to confidence.
The amount of gold sent into the Bank yesterday
was 44,0001., in addition to 10,400 sovereigns ex the
Canada, from the United States. The total known
to have been sent in since the date of the last re-
turn is 120,0001. to 130,0001.

In the discount market first-class bills continue to
be negotiated at n to 21 per cent., and the demand
is quiet. At the Bank yesterday the applications
were very limited.

In the took Exchange yesterday money wu rather
more wanted, but the current rate on English go-
vernment securities was only about 2 per cent. per
annum.

The explanations given in the House of Com-
mons tend to still further diminish the import-
ance of the coming Indian loan. In the first place,
the amount to be raised is cut down from ten mil-
lions to eight millions sterling ; and in the next, the
Chancellor of the Exchequer intimates that the loan
will be raised very gradually, and that, in all likeli-
hood, it will be sufkient to raise two or three mil-
lions in the next 'ix months. In the present state
of the money market such a sum would be a mere
bagatelle, and the circumstance that the bulk of the
money will be expended at home further diminishes
the importance of the operation. Even a moderate
shipment of bullion to the East on government ac-
count would not exercise any really disturbing influ-
ence, provided that the Eastern exchanges continue
their favourable course, for, in such cue, government
remittances in silver would merely take the place of
the private remittances to which we have so long
been accustomed.

The following are the days appointed for the
shutting and re-opening of the transfer books for the
government securities upon which the dividends fall
due in April:
Stmt. Leopea,
Bank Stork
Titriker Otatac.lleitice4 pore*, „ 4 .. Yrtjg, „ le
Loos AnTetdffe. Tbrirsisy, Iburodki, 111:
Ansulthe, Ja0..18511 Thursday, „ 4 .. Tburvley, 16
Do., April, 1816
ladle -Wet . . Tuieday. 0_ Mender „ 14
Of the 1.87;6241. in gold broughtfrom Melbourne
by the Northumberland, fully 160,0001. has been
purchased for transmission to the-Continent, besides
a small portion of the gold ex the Canada, from the
United States.
Since Saturday about 40,0001. in silver has arrived
in the Thames from the Continent, and has been
shipped on board the steamer Sultan, for the East.
Cle 'Change yesterday afternoon there was a steady
demand for bills on most of the leading continental
cities, and though little alteration took place in the
rates, the general tendency continues unfavourable.
Paper on Paris was again quoted rather lower. As
regards Naples, however, an advance took place.
The current quotations are shown below :
Amsterdam, three months, 11.16) to 175 ; do., short,
11.135 to 145 ; Rotterdam, three months, 11.17 to I ;
Aatwerp, three months, 25.30 to 6; Hamburg, marks
Loon, three months, 13.6 to 5 ; Paris, three da sight,
26.6 to 10; ditto, three months. 26.325 to 751 -on-
the-Maine, three months, 1171 to 1185; Petersburg, per
rouble, three months, 34 to 365 ; Vienna, eft. tie., three
month*, 1011 to 33; Trieste, do., three months, 10.32 to 36;
Madrid, three months, 485 to 5 ; Cadiz, three months, 491
to ; Leghorn, three months, 29.76 to 86 ; Genoa, three
mouths, 85.621 to 75 ; Naples, three mouths, 44 to 5 ;
Palermoithesemonths. 1225 to 1235 ; Iffewitus, three months,
123 to ; Lisboa. 90 days, 611 to 1; Oporto, 90 days,
64 to 6 .
At the meeting of the Recife and Sao Francisco
(Pernambuco) Railway Company yesterday, in the
course of a prolonged discussion, a number of satis-
factory explanations were given relative to the posi-
tion of the undertaking. As already intimated in
the Express, the assistance given to the com-
pany by the Brazilian government in the raising of
money on loan is greatly to the advantage of the
shareholders, since the money will probably be raised
at 6 per cent., whilst the total guarantee enjoyed by
the company amounts to 7 per cent per annum. The
cost of the new fencing and other works which the
government require to be done falls upon the con-
tractors, who have lodged satisfactOry security with
the company.
Yesterday was held the half yearly meeting of the
General Steam Navigation Company; but, as usual,
reporters were excluded. The subjoined memo-
randum is furnished by the ent:syirthemselves :
The 66th halfiearly general of the shareholder
in this company yea Lid yesterday at offices, 71, Low.
bard-street; John Within, Req., In the chair. The report
of the directors and a statement of the accounts for the year
ending the 3 let December het were reed to the meeting.
The report, which was highly satisfactory, wee unenimonaly
received and adopted by the proprietors. The customary
dividend of 14s. per share, beteg at the rate of 10 per cent.
=um, and the usual bin= of 2.. ed. per share were
. The oorclisl thanks of the proprietors were voted
to the chairman and directors for their continued salons ser-
vices to the management of the company's affairs.
The Great Western of Canada Railway traffic re-
turn presents this week a &cress. of 2,1841. sterling.
The following communication has been addressed
by Messrs. Harrison and Lewis, solicitors, " to the
official manager, the official and creditors' assignees
of the Royal -British Bank, and to their respective
solicitors :
14, Now Boswell-court, Liarobewian, end
6, Old Jewry, City, Feb. 17. 1838-
Gentlwarin,—lt is now throe moths and • half ethos at a
mestlnt held at the Gallatin Collswheets, nearly 100,9001.
wee 'bed by sharsholisrs of the Royal British dank
towards liquidados of tbe debts. It is a fact that not oat
shining has been received ap to this Los, though the awn-
hoiden have beta asset anzfous to pay their moseys in order
to get • &ethane, end the medians have bemt calling oat

for a dividend. Yun are all aware that compromises to the
extent of many thousands of pounds were approved of by the
assignees and the official menager, before Christmas, and
awaited only the approval of the Vice Chancellor. Yet
nothing has been concluded—not one compromise has bees
finally accepted. We have, on behalf of our clients, urged
this solicitor and that, entreated this person and implored
the other, to move ; but the only answers we have received
have beenldenials that the person appealed to was to blame.
We confess that we think It a disgrace to all parties con-
cerned who do not prove that the delay does not rest with
them. What excuse can there be for the interests
of the shareholders and creditors having been thus
played with and placed in jeopardy ? We have repeat-
edly called your attention to the risk of inch delay
incurred by death, altered circumstanees, failure, and
other causes; and in illustration of what perhaps was suffi-
ciently obvious of itself, we beg to draw your attention to the
fact that one shareholder who offered to pay between 2,000 t.
and 3,0001. died last week, and we are assured that the whole
of that stun will be lost to the creditors. More than a month
ago the compromise of one of our clients offering to pay a
very large sum was, with the assent of you all, substantially
approved of by the Vice-Chancellor alter reading the evi-
dence adduced in support. The only thing that delayed Its
completion was the alteration he suggested in the form of
the memorandum of compromise then submitted to him.
What has been the canes—nay, what can be the excuse—for
a month's delay f It is and to the shareholders, injurious
to the creditors, and discreditable to all parties concerned.
As we have utterly hum in
to erg any redrew, by appealing
to you individually, we appeal you collectively, to put an
end to these unaccountable delays. If we fall in this re-
quest, we must appeal to the shareholders and creditors as a
body.—We remara, your obedient servants,
(Signed) Hsuarsox and Lawns.

TUZSDLT ITIIMIL

Although each succeeding rumour from the West-
end or from Paris is still discussed with unflagging
interest, the funds to-day were decidedly steadier in
character. Flatness prevailed at the commencement
of business, but the closing quotations were only 1-16
to per cent. below those of yesterday. The ex-
treme fluctuation of the day was limited to per
cent.

Console, which were quoted at 4 o'clock yesterday
at 961 to 1 for the 4th March, opened this morning
at 961 to 1, and, after touching 961 to 1, closed (at
4 o'clock) at 961 " sellers." For money the pnce
wu the same as for the account, whilst for the Bth
of April the 4 o'clock quotation was 961 to 97.
After the recognised hours the market wu rather
firmer. The official business report is as follows
Three per Cent. Consols, for money, 961, 1, /, ;
ditto, for account (4th March), 96fi 1. 1, 1.
Three per Cents. Reduced, 961, 9'7/, 951, 971; ew
Three per Cents., 961, 971, 971, 97, 971. Long
Annuities, expiring in Jan., 1860, 2 1-16. India
Stock, 223, 2201. Bank Stock, 227.
Three-and-a-Ralf per Cent. Exchequer Bonds,
falling payable in May next, woe.
The official announcement that the March Ex-
chequer Bills are to be renewed at the rate of 2d. per
ceat. per day, has caused an important recovery in
the price of these securities. Tho June bills closed
at 27e. to 325. prem. The March, or " advertised,"
Bills were dealt in from 235. to 325. prem. India
Bonds were marked 255, to 295. prem.
The late animation in the foreign stock market
has disappeared, and in some cases, including
Mexican, Peruvian, and Buenos Ayres Bonds some
flatness prevailed. Turkish Six per Cents. were
rather quiet, but closed fully as good as yesterday, at
101 to I. The Guaranteed Four per Cents. were
more inquired for, and left oft' at 1031 to 1041 ex
div. Other stocks met with little business.

MINAS.-THIS DAY.

Two o'CLoci.

The market for British mining stocks to-day is
quiet. Lady Bertha shares are in demand, and are
marked in the Stock Exchange 11. There are
also inquiries for Eut Wheal Russell and North
Robert shares. _ .

Foreign mining securities arc inanimate. Santiago
shares are Marked 21, and English and Australian
Copper at It.
Subjoined is the official list of prices in the Mining
Exchange yesterday :
Rest Russell, 64,1, 1, I, 6, 64, 6, 61, 1,7; Great Alfred,
41, 5. 6i ; Lady Baths, 23e., 300._, TILL 32e. 6d., 30a.,
30a. M., 315., 325.; Murry, 91,_ • South Basset, 104, 11,
114; West Fowey, 10; 6i, 4.
At the meeting of the Englieb and Australian Copper
Coltman, yeatm*ty adividendof2e.6d.per share was declared.
Amongst the resolutions passed was one to the following
effect, viz.:—„ Resolved—That the sum of 1,7604, part Of
the net profit of the prc-rding Farr ending 30th June, 1867,
be set apart and retained, to form a fund to be called a re-
serve fund, to be applied in accordanoe with the deed of set-
tlement, and that the same shall not be dealt with without
the sanction of the general meeting."
From Wheal Harriet (Feb. 20) Captain William writes :
" In the 74 end east the lode is now three feet wide, worth
upwards of 201. per fathom; the winze sinking in the bottom
of the 74, one ton of good ore per fathom ; the lode in the
bottom of the 50, worth from 121. to 161. per fathom ; in the
wines below the 65, worth from 121. to 161. per fathom."
From Hawkmoor, Captain James Richards reports (22nd
Feb.) The staftmen are engaged cutting peat at the
60 fathom level, and we hope to complete this work against
the end of the week. At West Hawkmoor, the branch I
named in last week', report has produced some good spots of
wi copper ore, which is very encouraging for the lode when met
tL"