The Express.
London, England, 1860-09-08 00:00:00

TO TEL EDITOR OF THIL ZlPlLitia.

Sir,—May I through the medium of your column call
the attention of the old shareholders in the Wiesbaden
Railway Company to the proceedings now in 'norm.* by
the directors of the Nassau Company for the disposal of
their line to the government, at a price which Ism told will
leave but 7s. 6d. in the 1/. for the old Wiesbaden share-
holders, in lieu of the 5 per cent. guaranteed to them by
the directors of the NassatiCoumany when they merged the
old line in the new ono. I make no comment on this pro-
ceeding. but I would call upon my brother shareholders to
suite with me in resisting its completion.—l am, &c.,
AN ORIGINAL SHAREHOLDER IN THE

WIIIiIIADE2I LIKL

The fifth half-yoarly meeting of the Cape Town
Railway and Dock Company is called for the 27th
instant.

The half-yearly dividend court of the Bank of
England is called for the 13th instant.
The traffic receipts on the Madras Railway for
the month of June last amounted to 7,0491. on •
mileage of 137 miles, against 4,1091. on 96 miles in
June, 1859, being an increase of 2,9401., or 71} per
cent. in the aggregate receipts, and of 201 per cent.
in tho receipts per mile, over those of the same
month of last year. The receipts on the line fur
the six months ending June 30 have been 35,898/.,
on an average mileage of 1221 miles open, against
23,7841. on 96 miles m the corresponding half of
last year, being an increase of 11,8141., or 491 per
cent. in the aggregate receipts, and of 17 per cent.
in the receipts per mile on the increased mileage
now open.
The Caledonian Railway traffic return shows this
week an increase of 3871.

The Emigration Commissions require two
ships, one to take passengers to Melbourne, and
the other about 50 statute adults to Natal.

With reference to the silk market, Messrs. Durant
and Co. report last evening as follows :
We have had a month of limited businees in silk. The
season of the year would in part account for this, bat that
is not all—the home trade is wretchedly bad, and foreigners
show no disposition to purchase beyond daily requirements.
The strike at Coventry is at an end, but now the employers
are afraid to commence operations, sad this feeling is .bared
and to some extent acted upon by their brethren in other
districts. Prices are unfortunately very high, and so de-
cided is the determination of consumers to keep out of the

market, that notwithstanding the extremely mall stock of
old silk, the first arrival of about 1,000 bales 'new silk from
China has hers allowed to bang apes the market for two
or three days, and is only being sold parcel by parcel with-
out the least symptom of competition or eagerness to par-
chase—and this nut from any question as to the quality of
the silk, for on this point, thus far at acv rate, there is no
reason for complaint. Chinese thrown oak has commanded
rather more attention, especially the better qualities and
finer sizes, and the deliveries have been good, but the stock
ia so large that at present they make no impression. Canton
silk has not found favour with consumers—the prices are
thought to have been pitched a little too high. Bengal silk
has shared in the general quiet. In IGdian, Brutis, and
Paulen silk, nothing.
The following is from the monthly hide and
leather circular of Messrs. Culverwell, Brooks,
and Co., dated yesterday
We have had more settled times in the leather and hide
market since our last issue on the flth ult., most of the ea-
tetra to be liquidated open the late failures being now is
coarse of winding up, and the trade, with the exception of
small failures of no moment, and chiefly confined to the
country traders, is gradually assumingn firmer and more
steady appearance. The London leather market is reported
by the factors to have met with a large demand at steely
prices. The sales of the bankrupts' estates are now proceed-
ing, and as the bond fide stocks held by them are not
large, it is expected that they will be cleared without ma-
terially affecting the market. At the Bristol leather
market, now being held, the stock of leather offering, of all
kinds, is reported to be large, and that sales are being made
without alteration in prices. While speaking of this market,
it may be, uin index of the future, as well to state that
the tanners complain of the prices of hides being higher
than the current rates for leather for some time past have
justified. Salted Hides—Thin market generally has shown
a disposition to advance, Booth American Baladero heavy
ox selling at 71d. per lb. in small quantities, being an ad-
esteem of td. to Id. per lb. upon prices current this clay
month, while light ox have remained steady. The business
in Australian hides, chiefly fur export, has been large, with
a firm market and an occasional advanced id. to id. per
amount lb., the sales to 40,01 X) hides, at the following
prices for first elms. Sydney : Heavy, Mid. to 50. ; let
light, aid. to .11d. ; Ist class Melbourne, slel. to 50. ; Int
light, 40. per lb., the largest relative a-trance being mule
upon Melbourne, the late imports of which bore tees of
better cure and quslity than usual. Two series of pul:rie
sales have been held Omar our Lot monthly iouie, at both
of which the general state of the trade was very satisfactory
and improving.

The return of the Bank of England for the week
ending Wednesday, Sept, 6, compared with that
for the previous week, shows the folluvring changes :
Circulation issue
Circulation active ......
Public deposita 6,499,821 Increase 547,816
Other deposits 13,431,519 Decrease 735,659
tieverunient securitiee in

banking depwtment .
Otherneenrities in banking
department
Coin and ballion in both
- - - - -

—crepartVenta— 16,170,047 Increa,e 255,661
Seven day and other bill* 721,339 Decre.,e 14,262
The Heat

NOtereTa reserve
Total reserve (aoteekeeia)
in koraireyleperisneat 9,214,957 Decrease TAGIL
• - ' • - - -

As often happens at this period of the quarter,
the increase in the Treasury balance is accompanist
by a corresponding withdrawal of private depoeits.
The other principal changes affecting the reserve
are, on the one hand, the increase in the reserve,
and, on the other, the inorease in eke " Rest."
The general result in only a trifling decrease in the
reserve. The large amount of the " Rest" pro-
mises a good dividend to the holders of Bank Stoat.
The addition of a quarter of a million to the bullion
had been anticipated.
. .

The Gaulle statement of the movements of the
precious metals for the week ending Wednesday last
gives the following totals, viz. :—lmports of gold,
426,866/. ; exports of gold, 243,606/. ; imports of
silver, 15,644/. ; exports of silver, 225,461/.

BAIT[ OF ILNOLA,ND.—An
awl uth Vlc., c. S 2, tor the wt
5, 150.

TSSI7IInreA
Not,es issued LW,914,375

CZ1,D1t,375
nacos DI
PrefnieOa Capital L 14,6610110
last 3,777,72S
Public Departla ..in-
clauing Paaheq
Bay. Banks, Com-
mis. of National

Debt, and DD.
Acete.)
Other Depc4ll4. 16,431,619
Seven 939=db/bee
IS 721,339

L 39,963,402
Sept. 4, IWO.