The Express.
London, England, 1860-10-30 00:00:00

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416NE1 MARKET-THIS DAY.

Two si'CLot.w.
The funds to-day are firmer. Cowls show an
improvement of 1-16 to i per cent., although
there is no revival of business. At.
tention is still almost exclusively occu-
pied with the adjustment of the fortnightly ac-
count in shame and foreign stocks. The akare
markets are firm, with, in most instances, a ten-
dency to improvement.

At Faris this morning, according to Mr. Renter's
telegram, the Three per Cent. Renter; were quoted
88fr. 85c., showing no change since yesterday. The
Bourse is described as " heavy."
Consoki are officially marked 923 and
934 for money, and 93 for the account.
The present quotation is 93 " buyers, "
both for money and the Bth of November.
The official business report is as follows :—Bank
Stock, 231 ; Three per Cents. Reduced, 914,
; New Three per Cents., 914, 4,1, 4; New
Two-and-a-Half per Cents., 774 ; India Stock,
221, 220 ; ditto Five per Cent. stock, 1859, 103 ; ditto
Four per Ceut. Debentures,lBsB, 964, 96 ; do. Bonds,
3e., 7e.dis. ; Five per Cent. " enfaced" rupee paper,
96, ; ditto Five-and-a-Half per Cent., 1014 ;
Exchequer Bills, 2s. prem.

Foreign stooks are steady, with little business.
There is scarcely any alteration in prices. The
Turkish loan of 1854 is quoted 70/ to i, and
that of 1858, 351 to f. Sales are recorded as
follows :—Brasilian Four-and-a-Half per Centa.,l
1880, 88} ; Buenos Ayres Six per Cents., 941 ;
Mexican Three per Cents, 22 ; ditto for account,
22, };Spanish Three per Cents., 48}; ditto Passive,
23 ; Turkish Six per Cents., 1854, 70 ;
ditto Six per Cents., 1858, for account, 551 ; ditto
Guaranteed Four per Cents., 104, I;,Venexuela
Three per Cents., for account, 221.
At Vienna on Saturday a decline of per cent.
took place in the Austrian funds.
The Seine, from the West Indies, has brought
302,5001. of which 252,0001. is silver and 50,5001.
gold. The Oneida, from Brazil, for Southampton,
has reached Lisbon with 28,6031. in specie.
The mail from China, daily expected, is looked
for with much interest, as it may bring news of
important movements by the allied forces.
There was a meeting yesterday of the Spanish
American bondholders, in connexion with the nego-
tiations with the government of New Granada. It
is understood that the. terms spoken of by the
government agent are of a wretched character,
amounting to about per cent. per annum interest
upon the Active bonds. The matter is however
still in qnite an unsettled position.
A meeting of the holders of the first preference
bonds of the Grand Trunk Railway Company of
Canada is convened, by invitation of some of the
principal holders, for Friday next. The object is
apparently to consult upon the best steps to be
adopted, and to appoint some person to represent
the bondholders in the negotiations between the
directors and the government. It is sought, we
believe, to strengthen the hands of the board in the
matter.

The London and County Bank have notified that
they will open a brAuch bank on Wednesday next,
at temporary premises, at No. 79, Shoreditch.
The half-yearly meeting of the Madras Railway
Company is called for the 16th November.
The Brighton Railway traffic return shows this
week an increase of 2,5891., and the South Eastern
an increase of 2,0181., although the receipts for the
carriage of hops were 4881. less than last year.
Messrs. Cunliffes and Co. announce the half-
yearly 8 per cent. coupons upon Texas and New
Orleans Railroad Bonds.

The Scottish Australian Investment Company
have issued a notification inviting applications for
5 per cent. debentures for three, five, or seven
years, payable in Loudon. It is pointed out that
the paid up and invested capital is 209,0521., and
the reserve fund 13,2901.
The directors of the Antwerp and Rotterdam
Railway notify the terms upon which the bonds of
1,000 franca each may be exchanged against new
bonds.

A question of importance has arisen in connexion
with the audit of the accounts of the Great Indian
Peninsula Railway Company. The auditors are
Messrs. J. A. Franklin and Anderton. The former
gentleman, who is well known as a professional
accountant and as the inaugurator of a system
of check and counter-check in these matters, is at
issue with his co-auditor, the latter resisting the
steps suggested. The audit is, therefore, "at a
dead-look," as Mr. Franklin phrases it ; for, whilst
the two auditors together have power to call for
any books or documents, one auditor singly has no
such power. Mr. Franklin has, accordingly, made
• "special report," explaining the position of the
audit question, and this report the directors, act-
ing, as many persons will think, upon • mistaken
view, have refrained from circulating together with
the accounts.

The fourth series of London colonial wool sales
for this year is fixed to commence on Thursday,
the 15th November. The fresh arrivals since the
beginning of last sales comprise 35,317 bales—viz. :
Sydney, 3,586; Victoria, 4,340 ; Van Diemen's
Land, 2,028 ; Adelaide, 1,162 ; New Zealand,
4,152 ; Swan River, 86 ; Cape of Good Rope,
19,984 ; total, 35,317 bales. It is, however, most
probable (obsorve Messrs. Dutton and liincken)
that, with those held over from the last series, and
some second-hand wools, the quantity to be offered
on the present occasion will not be far short of
40,000 ba
At Liverpool yesterday the sales of cotton reached
25,000 Wes, including 17,000 on speculation and
for export.
The quarterly sales of cinnamon yesterday went
off with spirit at an advance of ld. to 3d. upon last
sale's prices.
The Chrysolite has arrived from China with
577,5001b5. of tea.

MONDAY Emma.

Consols, which closed on Satuniii-itfriiti;
for the Bth Nov., opened this morning at the
same quotation, and closed at 921 to 93.
For money the last price was 921 to 93.
The official businees report is as follows :
Three per Cent. Consols, for money, 92t,
93, 921 ; ditto for account (Nov. 8), 92};
Three per Cents. Reduced, 911, 1 ; New
Three per Cents., 911, ; Thirty Years
Annuities, expiring in April, 1886, 161 ; Bank
Stock, 232 ; India Stock, 220} ; ditto Five
per Cent., 1859 103 ; ditto Four per Cent. De-
bentures, 1858, 96 ; ditto, Bonds, Bs. dis. ; Five per
Coat. enfaced " rupee paper, 95.

Indian government securities continue to meet
with little inquiry. The Five per Cent. Stock of
1869, however, was supported at 103 to k. Ex-
chequer Bills were quoted 2s. dis. to 2s. pr. in.
The transactions in foreign stocks were rather
limited, but, with the exception of Mexican Bonds,
which have fallen to 211 to 22k, owing to the con-
tradictory American accounts, prices were well sup-
ported.
Tho shares of the Chartered Bank of India, Aus-
tralia, and Chins continue in demand, and were
dealt in to-day as high as 11 prem. Other bank
shares were steady. There were inquiries for
Canada Land. Great Ship remain quoted ss.
to 6s. 6d.
The shares of the Rhymney Iron Company wore
quoted rather lower.
An improvement occurred to-day in %ads
Government Six per Cents. Victoria Government
Bonds were likewise mere inquired for.
The closing quotations for shares in new under-
takinp were as follow :—Oesan Marine insur-
ance, llr to 2} prem. • Thames and Mersey Marine,
to* prem. ; Unive;eal Marine Insurance. to
preen.
t; London and Provincial Marine, k to I die. ;
India Irrigilfon, k die to par.
The ordinary options" of the Illinois Ceutrul
Railway Company were girded 4to 4k ; the Sbnie
years •• options," ; and the fuer years, 710 8.

i

MINES.-THJ

DAY.

Two o'Ouxx.

The market for British mining shares is Ail/
inactive, and quotations exhibit no variation of
importance. lu the Stock Exchange Alfred Con-
mots shares are officially marked 4f awl ; and
Wheal Clifford, 210. There have also been deal-
ings in shares in Wheal Trelawney, East Wheal
Russell, Great Wheal Fortune, Great South
Tolgus, and Wheal Charlotte.
In foreign mining shares the only business re-
ported is in thew of the St. John del Rev Com-
pany,. which are officially marked 28. Colonial
descriptions exhibit no change.
Frain Treloweth (od.
.77) Oaptaia T. Richards writes : -
" The lode in Cole's engine shaft sinking below the 124 is
worth 301. per fathom for copper me. The 124 end east of
Cole's engine shaft ,s worth la per fathom. The 124 end
wet of Cole's is worth 61. per fathom, and has a promising
appointee ; ground easier, and can be driven for 41. per
fathom. This is rather iMportaat for making despatch.
The 116 end east is worth M. per fathom, being a richer
quality ore than is usual in this mine. A stone assayed
teem this eau produced 40 per sent. for copper. The 100
sod teat of Cole's shaft r worth 71. per fathom. The SO
end west of Woodfall's is still driving in the croerourse.
The Mopes genera/1y continue quite as good as for some
time past."

From Maudlin (Oct. 27) Captains W. and J. Tregay
Mate :—" The engine-shaft is now down 12 fathoms 2 felt
below the 38, where the Ml Ilea been drives 4 feet. The
part al the lode at preens in the cad is in • disordered
state, but producing spots of ore. The men hove been set
to ewe and divide the shaft from the 38 to the 50, for
hauling from that level. When this is completed we pro-
pose crosscutting the lode, to tiud the beet part for driving
on. The 38 west end measured 1 fathom 1 foot, driven ;
set again to drive by two men. The lode here is very
mundiev, with capels. peach, &c., and a little tin. West
Mine—The salt level has been driven 5 fathoms 3 feet
1 incih; set spin to drive by two men."
' From West Wendron Consols (Oct. 27) Captain R.
Kendall states :—"The lode in the 10 seat of water-wheel
shaft is not so rich for tin, but has • very kindly appear-
anee. We are getting on with the other work as fast u
pomible."