The Express.
London, England, 1861-10-11 00:00:00

PROVINCIAL SHARE

LlTTillinoL, OCT. 10.— Caledonian, 1034 1031—Eaatern Conn-
tier. lei 101—Great Northern. 111 112—Great Western. 09 1114
Lancashire and Yorkshire Stank. 1031 1031—London and Ninth
Western Stock 911 92—Manchester, Sheffield, and Lincoln. 431
434-111illand Stock, 1241 IV.,—Ditto, new ahares. 11 11 p. —North
British, 42 021 ad —North Staffordshire, 6 41 o.—North Eastern
(Berwick;-10011001—York and North Midland, 904, (Poi—Leeds
Capital Stock, 64 19—Month eastern and Dover, 23 9.10 t.l1—
West Midland (Oxford', 47 471—BnIfalo and Lake Huron, 3; 31—
Dutch Rhenish. 1 1 ii—Good Trunk of Canada, 4I 41 —Dreg
Laxembourg, 8 11.1581--0 rest Western of Canada, 94 9 6.16
Central, 391 39 0. —Erie en assessment, 23 234—Thames
and 31cisey Insurance, 11.1;p.
MANCHGTOOL, OCT. 10.—Lancashire and Yorkshire. 103! }—
Manchester, Sheilleld. and Uneolnahlre, 44—Midland. 1241—
South Eastern, 231—Great+hlp, ha. —Eastern Counties, 111 11 -113—
Diner Fare per Cent. ,11. paid p.—Pnatou and Wire, ski.

MINE&-(THIS DAY.)

Two o'CLocc.

The mining market is moderately actieo today.
Wheal Beton shares are quoted 87i to '3O ; East
Caradon, 281 to 27 ; Marko Valley, 10.1 to ; Ring-
sten Downs, 31 to 4 ; East Basset, 3to ; Provi-
dence, 40 to 41 ; Cook's Kitchen, to 29 ;
North Basset, 41 to 5 ; North Downs, b to 51;
Wheal Ludcott, 2} to 1, and East Basset, 75 to 80.
There is no movement iu foreign and colonial
mining shares. East dcl Rey are officially marked
1 prem., and United Mexican, 6.
A call of 2a. &I. is to be paid on the shares in
the Pencraig United Lead Mining Company by the
31st iust.

The settlement of tho list of contributories of the
Swanpuol Mining Company (Limited) is to be pro-
ceeded with in the Stanuaries Court on the

The following report on the mining market is
from the circular of Meagre. Watson and Cuell :
The mining market since our last has been rather quiet.
The rise which has taken place in West Caradon, East Caro
liras, Trelawney, North Downs, Margaret, North Basset,
Stray Park, Great Fortune, East Grenville Wheel Gren-
ville, Great South Tolgo*, and Mary Ann, hai been followed
lay a reaction, and in a few cases a great fall has taken place.
West Caradons were in great demand, at 45 to 47, and are
now flat at 39, sellers ; we understand there in no real
cause for so great a fall. Trelawneys, after reachin! 16 to
17, are now 15, sellers. North Bassein touched ri. , have
fallen to 5, millers. East Carn Brats, after rising to 0 10!,
fell to 9, sonars ; since then a reaction baa taken place,
and shares are again in good demand at 94 91; this mine
is likely to prove one of the best in the Redruth district—
shares ought to be bought at 0n,..e. North Downs have
fluctuated between 5 and 51. Ea 4 Bassets fell from 75 to
64, and at the latter price a great number of shares were
sold. On Tuesday, a sudden demand sprung up for them,
and charm rapidly advanced to 70, 721, buyers, upon are.
ported improvement at the 80 feet ; we understand it is
worth nearly 401. a fathom. The improvement took placee
nu Saturday, but not made known until Tuesday.
wall Hill and !Unworn' are in demand, at 25.. Hingston
Downs, after falling to 3, rose to 4,4, and leavo off flat
at 31, sellers. East Caradons have been very firm all the
week at 27. Wheal Grylls have been pretty largely dealt
be at 81 tog. Marko Volleys are firm, at 10f. South
Tolgus have advanced from 27, sellers, to 40, buyers.
R -Amcor, 3a. to 4s. Margaret. have been flat, at 43,
millers. Providence are firm at 40, buyers. ruscrofte have
been in gond demand ai 61, ex div. Unity. have been Sat
at 16s. sellers ; the lode in the 75 eross-cut north has
not yet been intersected. Sortridge advanced to 125., 14a.,
and in demand.

In a journal entitled La Kailk de Tout k Monde
an explanation is given of a fact which has puzzled sporting
men—namely, why the left barrel of a gun bursts so much
more frequently than the right The explawition is this :
—The sportsman, on going out, Linda both berrels, and,
on menu a bird rise, tires naturally the right one ; he
relesula that barrel, and when he again sees a
bird or hare he fires it again ; and so be doe. perhaps
twenty times in succession. But each firing gives
a shock to the charge in the loft-heal barrel. awl at but
the succession of shucks separates the wadding from the
powder and shot ; the coreaqueuce is that a vacuum ensues
between them, and when the second banal is fired it fee-
queotly bursts. To prevent this danger, the recommenda-
tion is made that whenever the right-hand barrel is loaded,
the charge in the left-hand one should be also rammed down.
THR STATE OF EUKoPE.—Wo read in La Premse
—"The preset state of things in the history of Europe is
an unprecedented one. All stiles are constructing railways
and titled cannon, are making treaties of COMMOTCII and
raising loans ; the gravest questious spring up, one after the
other, or rather, one from the other, cud old political ques-
tions have a tendency to become social ones. Material pro-
gress, of which absolute governments wished to make an
arm, has become an iustrument of emancipation for nations,
which feel more and more the oeoessity of drawing closer
to each other by liberty, and by the amociation of their
common interests. Ono thiug is henceforth very evident,
namely, that Europe will not find her equiliiirium on the
narrow basis of a man number of greet powers, and
that the will only find it ou the larger basis of inde-
pendent nationalities, equal in lights, end possessing the
same guarantees. Old coalitions sod old alliances are no
longer possible. The holy alliance of kings is for ever dis-
solved ; and the era, predicted by the poet of the holy alli-
ance of peoples, his conic. This great innovation, of which
old policy has the presentiment, traces to France her line of
conduct. Let her raise herself ►bove religious and political
prejudices ; let her unite her cause with that of week and
oppressed nations ; let her choose her allies among free
nations. She has often had alone to support the burden of
war, and to triumph everywhere in order to assure her right,
and to conquer peace. What elm has done she can always
do again, if she remains faithful to her glorious tradition.
This situation, and these grand prospects, suffice to reduce
the visit of the King of Prussia to its real proportions, and
to take from it the menacing character which the Times has
been pleased to ascribe to it"
THE RHINE BRIDGE4.—A letter from Carlsruhe
states that, in virtue of a convection concluded between the
Rhenan States, all tolls on the bridges over the Rhine are
to be suppressed from the Ist January next. It also says
that the government of Baden has mode a considerable re-
duction in the navigation dues on the Neckar ; likewise,
that it has proposed to the Ithacan States :that a conference
*ball be held ►t Coblentz for the purpose of simplifying the
customs formalities on the despatch of goods, which at
present cause delay and expense.

MOXEY MARKET.-(THIS DAY.)

Two o'Ciocc.

The funds to-day are rather flatter. After'
declining to per cent., however, Consuls are'
quoted nearly the same as they closed yesterday.
In the share markets, in the absence of business,
the variations are not of importance.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes opened at
68fr. 3bc. , being sc. lower than yesterday.
Consols are officially marked 92a and I for
money, and 93, 922, and 922 for the ac-
count. The present quotations are on to I
for money, and 921 to 93 for the ith November. The
official business report is u follows
Stock, 231, 233, ex div. ; New Three
per Cents., 901, 2 ; Three per Cents. Reduced,
90/, ; India Five per Cent. stock,
103 i, 1; ditto for account, 103 i ; ditto
scrip, 103: ; ditto Bonds, 144., 10s. prem. ;
Five-and-a-Half per Cent. " enfaced " rupee
paper, Rai ; Exchequer Bills, March, 3s.
par; ditto June, 95., 6s. prem.

A recovery of to I per cent. has taken place
in Turkish Bonds : the Loan of 1854 is
now quoted 80 to ex div., and that of
1858, 68 to I. There are still inquiries fur
Mexican Bonds, which are last marked
251 and 26j. In other forei,rn stocks
there has been starcely ally business. Sales
are recorded as follows :—Chilian Fuur•aud-a-Half
per Cents., 85 ; Equador New Consolidated, 1511 ;
Mexican Three per Cents., for account, 26, 251,
; Russian Throe per Cents., 1859, 61 ; Turkish
Six per Cents., 1854, for account, 79h, 80i, 80,
ex div. ; ditto Six per Cents., 1808, for account,
68i, 671, 08.

It has transpired that the rumours circulated
during the last few days respecting arrangements
by the Bank of France for obtaining a loan of
2,000,0001. in England are correct. The mode iu
which the operation is to be carried out
was alluded to yesterday. The Bank of
France will be enabled to draw, through
Messrs. Rothschild :and other Paris firms, upon
Messrs. Rothschild, of London, to the extent
of 1,000,0110/., and upon Messrs. Baring Brothe.e
and Co. to the extent of another 1,000,0001. In
each case the bills will be at three months' date,
and they will be discounted eagerly on this side,
probably by the Bauk of England. If we are
rightly informed, Rents* will be deposited as a col-
lateral security. This is essentially an " accom-
modation " transaction, arranged between esta-
blishments of undoubted solidity. Its immediate
effect is the same as if the Bank of France found
a market in London for 2,000,0001 of its govern-
meat securities. At the end of the three months
the renewal or liquidation of the transaction will
probably depend upon the then position of the
French Bank. That the operation will have any
powerful effect upon our market is not at present
apprehended, but its tendency is obviously to
cause a partial reaction in the rate of discount,
which is now at au unusually low point here. The
affair proves once more that whenever France is
pressed upon, she can always find means to make
us contribute to her relief, owing to the intimacy
of the relations between the two markets.

For the first time for some months no gold was
carried to the Bank yesterday.
Thu Euxine will convey to-morrow 95,0001. in
silver and 13,1001. in gold for Bombay, and 15,5001.
in gold for Alexandria, making in all 123,6001.
The excitement in the Liverpool cotton market
continues. The sales yesterday reached 30,000 bales,
including 15,000 on speculation and for export.
Prices were quoted id. to gd. higher than on
Friday last.
.._ . .

A circular announces a further dividend of 61. in
the pound on the estate of Messrs. Reid, Irving,
and Co., who failed several years ago.
Messrs. Thomson, Boner, and Co. announce the
dividend due on the Ist Nov. on the Russian Three
per Cent. Loan.
The Eastern Countici Railway traffic return
shows this week an increase of 3,0501. ; the Man-
chester, Sheffield, and Lincolnshire, an increase of

638 f. ; the Midland, an increase of 352/. • the
Lancashire and Yorkshire, a decrease of 3,1;50/. ;
and the North Eastern a decrease of 1,5541.
Mr. Thomas Stenhowle, of the firm of Bates,
Stenhouse, and Co., of Liverpool, has been elected
a director of the Metropolitan and Provincial
Bank (Limited). We are requested to state that
the last day for receiving applications fur shares is
Tuesday-, the 22nd inst.
The following is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales :
At the twentieth series of public sales for the year there
was a good steady demand, without anything of import-
ance to note, either on the part of the home trade or export ;
the amount of business does was to a fair extent, and gene-
rally at firm prices.
East luiba.—Ox and Cow.—Calcutta.—There was a fair
home demand for these hides, and let and 2ud light and
:Ads and 4ths were in good request at fully late rates, espe-
cially 3eds and 4ths, but heavy averages were not in quite
such good demand for export, and pewee were rather easier
for these hinds. Madras, twee sold. Moulmein, Cochin,
and Penaog sold well andsat full prices. The analysis of
the sales m 117,002 Calcutta new wogs, 3,357 brought
forward from former melee, and 7,5% Moulmein, Cochin,
and Pecan ; in all 1110,430 hides, of which 1014,298 were
sold.

Est lodia—Buffalo—Calcutta were mostly bought in.
Pennon sold well.
Leather.—Fist Indian was well competed fur, and real-
ised full prices. Australian was in better deuneud, and sold
at an advance of id. per lb.
Salted Hides.—Australian : Sydney were in moderate
request, heavy averages selling at full rates, but the light
were bought in, being held for the Cumine prices paid fur a
small parcel at the last sales. Melbourne : Only part
sold. Cape : The quantity offered was unimportant.
Irish : All passed. Walrus bought io.
Hone Hides.—Salted South ADletiCllll were part sold,
and at lair prices. Dry all sold.
Dry Hides—West Coast sold well.
Glue Pieces—Only part sold.
Divi llivi consisted of sea-dantsged, and was all sold.
itsrk realised former praise.
_ . . . .

Subjoined is a report of yesterday's indigo sale :
Many hundred chests having been sold privately, in.
creased spirit wae manifested in the competition to-dry, and
all imulium have sold more readily and often at improved
priuei ; thu ordinary kind" commanding special attention,
and an advance of Is. to is. ad. per lb. on the rater
of July.
There is a large attendance of French buyers, who appear
to ho operating pretty freely.
721 chests were cold, 101 bought in, end 842 withdrawn
this worming.
__—— _ . I

The return of the Bank of England for the week
ending Out. 9, compared with that fur die pre-
vious week. shows the following changed :
Circulation km £2:4,027,770 lacreses £17,250
Cinninition active
Public deposits 4,89,014 Decrease 16,004
Ocher deposits
Government securities in

banking department 10,733,123 No change
Othersecurities in banking
department
Coin and bullion in both
departments 14,141,519 Increase 16,823
Seven day and other bills 742,678 Decrease 6,213
The Rest
N.Les in reserve
reserve Motes &coin)
111 Lunkins department 7,819,814 Ins:rinse 172,953
These changes are of a moderately favourable
character, the bullion mat reserve having slightly
increased, and the mercantile securities' declined.

BANK OF ENGLAND.—An Ai
,tll lc., C. • for the W
9,

mut pursuant to the Ad Ith
suhn4 Ind Wvlurk4uy, Oct

lIISCI DEPJ
Notes icsued 428.m1.770

,ARTXVIT.
Guy. nment debt C11,01;100
Other socuritme . 3•04,000
Witt coin anti bul-
lion
I 811vor bullion

5M3.027.710
SAIIIIIIO DI
Proprietors' Capital X 14,54000
Rest
Public Deposits (In-
cluding Xicheq.,
Bee. Banks, Com-
mis. of National
Debt. and Dlv.
Accts.)
Other Deposits 12,0%,016
Seven day =Soilage
Bills

4:U4027,714;

1.26,033,120,

0:t. 10, 1861.

THVUDAT EVEIIIIIIL

Conse:%, which closed yesterday at 93 to I for
the 7th Nov., opened this morning at 92! to 98,,
and closed at 92 15-16 to 93 1-10. Fur money Ike
last price was 943 to 3. The " continuation" up
to the close of the settlement was . per Mt
The official business report is as follows :
Three per Cent. Consuls, for money, 923, 3 ; ditto
for account (Nov. 7), 93, 92/ ; Batik Stock, for
account, 237, 236; Tame per Cents. Reduced, 90/
; New Three per Cents., 90/, I, ; New Two-
and-a-Ralf per Cents., 744 ; Thirty Years Minot-
ties, 1885, 15k ; India Five per Cent. stock, 1433/
3, ; ditto fur *would, 1033 ; ditto scrip, 1033;
ditto Four per Cent. Debentures, 1E63, 981 ; ditto
1864, 98 ; ditto Bonds, 10s., Its. prem. ; Five per
Cent. "enfaced" rupee paper, 96 ; ditto Five-and-
a-Half per Cent., 103.
The India Five per Cents. continue in demand
for investment. The stock has risen to 1033 to /
'for the account, and the scrip to 1033 to I.
The March Exchequer Bills were quoted par to
3s. prem. ; the June, 6s. to 9s. pram. ; and India
Bonds, 10s. to 14s. prem.
Turkish Bonds fell in the morning, the loan of
1854 being marked to low as 79 ex div., and that
of 1858, 67. A rally occurred in the aftertiooe,
and the closing quotations were respectively, 793 to
3, and 673 to 08, being in the former instance!,
and iu the latter I lower than yesterday. Mexican
Bonds were tirst marked 253, but left elf h higher
than yesterday, at 26 to 3. Other foreign stocks
were quiet. 13iien66 Ayres Bonds were dull.
In the Bankruptcy Court to-slay there was a
dividend sitting in the case of Messrs. Smith and
Sinclair, linen factors, of Pancras-lane. An order
was made for the winding up of the " District
Savings Bank (Limited)."