The Express.
London, England, 1861-09-27 00:00:00

COMMERCIAL AND MARKETS.

MARK-LANK —(Tnis DAY.)

The weather has again become fine and settled and the
tetrameter has risen. The wind, which was from the east.
ward, has now shifted to the southward.

The supply of homegrown wheat this week is liberal ;
flour a little increasing. Barley and cats in rather better
supply than last market day. Beans and peas moderate.
Scotch and Irish oats, a few small parcels only. The foreign
arrivals since last day of wheat have doubled in quantity
for the week, the addition being all American. Flour, a
good fresh supply of American barrels. Barley, a much
larger arrival than for some time past, all Black Sea
awl Egyptian. Oats, • little locrease from Russian and
Prwisian ports in the Baltic. One large parcel of beans
from Alexandria ; one of peas from Canada ; and a good
quantity of linseed and rapeseed from the Black Sea.
The wheat trade to-day very slow, value nominally the
same as on Monday. No inquiries for export.
Flour also very little doing, and prices nominal.
Barley quiet at Monday's prices.
Oats—A demand for fine corn to.dar at the full rates of
Monday. Inferior descriptions rather lower in price.
Beans and peas without change.
• Linseed rather higher than last week. Rapeseed without
variation. Tares steady. New white nsustardseed quite as
dear. Cloverseed and trefoil dull, and short supply.
FLA:ix-rum CARGOVA.—In consequence of the demand for
the Continent having stopped, the trade is extremely quiet,
and purchases ma be made on easier terms.
WRlLL—Faglish : Emu and Kent, white, new, 595. to
66. ; ditto, line old, 53a. to 575.; ditto red, new, 525. to 61a.;
ditto, Ans, old, 494. to Ws. ; Norfolk, ke., Ilse, old, —a. to
—5.; red, new, —4. to —II. Foreign : Dentaic, 57a. to 611.;
lino, 63e. to 65e.; extra, 655. to 675.; Ironi all rs. 535. to 57a;
ditto, extra, 575. to Kis.; Restock, 644. to 655. •X, echlenbtira
red, 55a. to 65e.; Uckermark ditto, 5.75. to 00a. ; American
white. 575. to 625.; ditto red, Ms. to 555.; Canadian, 575.
to 61s.

liiitsr.--English malting, 335. t* 395. • Ana, 40a.
grinding, 255. to 27s ; and distilling, 265. to 265. per qr. ;
foreign grinding. 254. to 265.; ditto distilling, 28a. ta n...
malting, —a. to
51tm—English, Ems: and Norfolk, 504. to 635. ; fine.
63.. to 70a. ; Kingston and Ware, 62.. to 725.; brown,
50a. to 58s.

OATIL —English feed, 27.. Od. to 294 W. ; potato
22.. to 31s. ; foreign, 17.. Od. to 24a.
RIM Mt.

Buss.-English tick, 38s. to 41.. ; harrow, 40.. to 445. ;
pigeon, 40.. to 44a. ; foreign, Dfazacan, 345. to 381. ; tick.
38s. to 40a. ; Konigsberg, 39a. to 44a. ; Egyptian, 375. to 371.
Pers.-English boilers, Ms. to 42a.; white and blue, 38s.
to 40s. ; maple, 40r. to 43,.. grey, 345. to 365.; hog, 36a.
to 38s. • foreign. 34.. to 37..
Ftoult.-Euglisli town, 48s. to 50s ditto fine,lsos. to 51a;
country, 43a. to 445. ; Norfolk and Suffolk, 361. to 41..;
French, -o. to --e. pee sack; Amerman, Ms. to 305.;
Canadian, 27.. to 31a, ; Spanish. 455. to 52..
INDIAN COM-White, 30s. to 425. ; yellow, 40s. to 43a.
FLOATING CA200311. all C. F. and 1.-Whet: Berth-
=ski and ifarianople, per 4921 b.., 48s. toads. ; Ghirka, 48e.
tosis. ; Polish Odsena, per 4801b5., red, 455. to 475. ; whits,
54.. to 565. • Dsmibe and Galata, 43.. to 4011. ; F4fsPt,
Ma. to 395: Barley: Ecyptian and Eyrias, per 4001 be.,
Ms. to 275. ; Odessa mid Tlwub. do., Ms. to Sea Beans
Egyptiaa, per qr., 31.. to 341. Yafa : Odessa and Galata,
per 49216 a., 3ts. Od. to 355. ; thrall and Bulgarian, per I
4801 be., 30.. Od. to 35a. ; French, do., -s. to -a. ;
American, do., 32.. to 355.

Brim.—.oaoary need, per qr., 41s. to 50i. ;
seed, per qr., 455. to 485.; Mustard seed, per
white, 9a. to 10s. ; brown —s. to —a. ; Linseed, per qr.,
crushing, 50e. to Ws. ; Linseed cakes, English, per 1,010,
121.18.. to 131.5 e. ; American, thin, in brie., perms
101. he. to 101. do., thick, round, and oblong,9l. 1
101. 10a; Baltic, W. to 9/. ss. ; Marseilles, W. Is. to
Reps oaken, 51. to 5/. 10s.

AILLIUTLIB INTO LONDON23SO FROM, SEPT. TO BUT. Si.
bra and &Mak. blab. Menem
Wheat
Barley
Oatsllll I 4110 I 25210
Malt
nulir 1141104. ND mks ; !foreign,

•11,033 I;:znie:

MINCING LANE.—(THIS DAY.)
fkoan.—The market opened for the week with an fictive
demand hem the trade, at firmer prices, but towards the
close it was less active, but prices are firmly supported.
A parcel of desirable qualities of Cuba sold briskly
at full prioss to &I. advance ; brown and grey, Us. 6d. to
34..; yellow, 38s. to 41s. 6d.; sad Cuba ll4ado of good
quality, 12.. Ad. duty, at 275. Refined : The market con-
tinues bare of goods. and prices are firmly supported.
Come.—The public sales this week have gone off with
increased firmness; fine ordinary to good middling mold
70a. 6d. to 80s. 6d. ; peaberry, 775. 6d. to 84s. good ordi.
maooNative Ceylon sold steadily, 67a. 6d. to 65..
a..—For mulish Trinidad, 54e. to 565. has been paid
be* 1.. 'to 2s. advance.
TRA.—Saes have been made in new mason's Commit at
2s. MS. St, and a.erlium la. 4d. to Is. 10d. At the public
Weepers teas sold rather dearer.
Itsce.—For Bengal and Madras previous prices are ob-
tainable, but other kinds are dull of sale.

IttmC—Oomeme qualities have sold at rather dearer prices;
pale Lim/wards, le. Id. ; and Surinam, Is. 7d.
Faint.-41 moderate Madams is doing in currants at firm
prices.
fined—For whit pepper an advance of M. to H.
per lb. has been paid, black kohl at previous prices. Other
descriptions of spices are unaltered.
SALTPETRE PAR Unties dull of sale.
Coma continues active at higher prices.
JlTL—Buaisees has been traimicted at fully previous
prices.

TALLOW MARKET.—(THIS DAY.)
The market is stead►. Town tallow is quoted 48s. 6d.,
net cub; Petersburg Y.C., on the spot, aid, 47.. 6EL ;
ditto new, 49a. ; October to December, 48a. 6d. ; January
to Mardi, 49a. 3d. to 499. Gd.

BOROUGH HOP MkRKET.—(THIS DAY.)
Hears. Pattenden and Smith report an active demand for
the new growth at very Inn prices. Currency : Mid
and Dist Kent, 91. to 154; Weald Kent, Al. 104. to 10i.;
Sussex, 84 to 91. Duty, 110,0001. to 120,0001. The Mau-
rhr.wier Guardian of yesterday, no doubt with the intention
of injuring the sale and lowering the price of our English
growth, congratulated the brewers and beer drinkers on the
wonderful crop of hops in Germany this year, and then
copies from the Bararian Hop Ga:eGe the prim in florins ;
thus, " Hops of inferior qualities were sold at 82 florins the
cwt., and Holledawer ►t 90 florins. At Hesbrook, on the
4th inst., the price was AO to 8. florins," &c. This would
have been better understood it the Guardian had reduced
these florins into £ s. d. ; but to show the English grower
that hops are not to be bad in Bavaria for nothing, we shall
inform the readers of that paper that 82 florins equal
61. 16e. Bd. the cwt.; nuty, U.; freight expenses, 10s.; in
England, Al. Re. Ad. 90A. equal, 7f. 10s. the cwt.; duty sod
freight, If. 10e.-91. Since the 4tb, however, prices in
Ba-
raris terse risen 20s. to 30a. per cwt., and, owing to the in.
ce..,,,nt rain there the last fortnight, many hops will be de-
ficient in colour end quality.

1881.

MONEY MATIKET.-(THIS D. 13..)

Two o'CLot x.

The flunk are firmer to-day, and a recover:- of
fully per ceut. h. 4 taken place. A atroirer tea-
deucy is al-. apparent in the other departments of
the Stock Exchange. British railway ducks are
firm. Caledonian has risen 1 per cent. The ex-
citement in Mexican Bonds continues, and a fret,h
rise of 1 per cent. has taken place.
At Peri> this morning, according to Mr. Reuter's
telegram, the Three per Cent. Renter opened at
69fr. 05e., being rather more than per cent.
worse than ye-today.

Consols are ofiicially marked 93 and for
money, and 931 and t for the account. The
present quotations are 931, "sellers," for money,
and 931, " sellers," for the 10th Octolx.r.
The official business report is u follows :—Three
per Cents. Reduced, 91, 901, 911 ; New Three per
Cents., 91, ?, 90k, 91k ; India Fire per
Cent. Stock, 1035', 3, ; ditto, Four per
Cent. Debentures April, 1004, 98} ; ditto Scrip,
103; ; Excheqoet Bills, March, 2a. dia., 2s. prem.;
ditto, June, ss. prem.

Mexican Bonds are again in great demand to-
day, and have experienced a renewed and
important rise : the last transactions recorded
are at 27. The Turkish Loan of 1858 has
improved to 691 ex div., whilst that
lot 1854 is steady, at 05 to 86. Other foreign stocks
are quiet, but steady. Sales are recorded as follows :
Brazilian Four-aud-a-Half per Cents., 1800, 91 ;
Mexican Three per Ceuta. 27, I, 20e, 27 ; ditto,
for account, 261, !, 27 ; Russian Ave per Cents.,
991 ; Spanish Passive, 171 ; Turkish Six per Cents.,
1854, 80, 85 ; ditto Six per Cents., 1858, 69, ;1, ;
Venezuela Three per Cents., 20; ditto, for ac-
count, 20k.

Towards four o'clock yesterday afternoon it was an-
nounced that the Bank of France has raised its
rate of discount from sto 5} per cent. Although
the heavy purchases of grain in this country and
elsewhere ou French account have long been mat-
ter of notoriety, and could not possibly be settled
without large exports of specie, this announcement
was not expected, the more particularly as the
rate of discount in the open market at Paris was
somewhat below that of the Bank of France.
The action taken yesterday must therefore be
held to indicate that the pressure upon the
reserves of specie in that establishment has become
heavier. The event has attracted a great deal of
attention here, becauso it seems to mark a limit to
the fall in the value of money in this market, and
even to open a prospect of some reaction. It must
be borne in mind, however, that the object of the
Bank of France upon the present occasion is chiefly
to check the flow of specie to this country, the move-
ment hitherto having been all in our favour. A
considerable amount of French gold hes been accu-
mulated in the Bank of England during the last
few mouths. The movement at Paris will have a
tendency to render the exchanges less favourable
for England, but whether it will carry gold back to
the Continent is not yet clear.
There was an improved demand for money in
Lombard-street yesterday, and the market was not
quite so easy as on Wednesday. The beat bills,
however, were taken at 3 per cent. At the Bank of
England the applications were upon an increased
yet still very moderate scale.
Messrs. Dent, Palmer, and Co. announce the
half-yearly dividend due the 10th Oct. on the
Turkish Loan of 1854. On that day the Bonds,
amounting to 40,1501., previously advertised, will
be paid off at par.
The amount of gold sent into the Bank yesterday
was 51,000/.
The Liverpool cotton market continues to rise.
Prices were quoted yesterday fully id. per lb. higher
than ou Friday, and the sales amounted to 25,000
bales.

The Commercial Union Fire Insurance Company,
an establishment equal in respectability to any iu
the kingdom, announce that they have now com-
menced business and have issued their tariff, appli-
cable to dock companies' warehouses, public wharves,
and warehouses in the port of London. The rates
charged for mercantile right; are based expressly
upon the principle of classification' both of goods
and of buiMings, and appear to be framed in an
extremely equitable manner.
The Eastern Counties Railway traffic return
shows this week an increase of 3,1231. ; the Man-
chester, Sheffield, and Lincolnshire, an increase of
1,3471. ; the Lancashire and Yorkshire, a decrease
of 291/. ; the North Eastern a decrease of 1,5931. ;
and the Midland, a decrease of 390/.
The prospectus of the "Patent Screwed Boot and
Shoe Company (Limited)" is issued. The object is
to purchase and work the patents of Mr. John
Corner, whereby it is stated that " • vast improve-
ment and gnat saving in expense are effected in the
manufacture of boots and shoes." The machinery
is not complicated or expensive, can be worked
without the help of skilled labour, and is capable of
producing every variety of article. It is intimated that
the company is formed upon the legitimate ground
that the patentee (who now takes office as manager
of the manufacturing department) does not possess
the amount of capital sufficient to work the
machinery on the large scale which is found to be
most economical. Several of the government de-
partments have already had the invention sub-
mitted to them, and a communication from the
Admiralty to the patentee states as follows :
With reference to former correspondence, I have to
acquaint you that the officers of the Royal Victoria-yard,
Deptford, have reported your patent shoes to wear well, to
be well made, and not to be liable to rip opeo, sad that the
only objection to them is that they cannot be repaired on
board ship in the ordinary way.
With regard to the objection mentioned at the
conclusion of this letter, we are informed that the
company are prepared to show that repairs can be
executed on hoard ship with greater ease than by
the ordinary method. The chief seat of the com-
pany's operations is to be at Northampton. The
capital is 40,0001., in shares of 51. each. The sti-
pends of the managers and fees of the directors are
to be made partly contingent on the success of the
concern as • dividend-paying undertaking.
The half-yearly meeting of the Oriental Inland
Steam Company is called for the 9th October.
A meeting of shareholders in the United King-
dom Electric Telegraph Company was held yesterday,
to receive a statement from the directors. Mr. A.
A. Croll presided, and the result of the day's pro-
ceedings was an explicit assurance from the board
that they intend to carry forward the project with
energy to its legitimate conclusion upon the basis
which was put forward at the outset, namely, that
of a universal shilling charge to all parts of the
United Kingdom. The explanations given were
received with satisfaction.
A call of 31. is to be paid on the shares in the
Watford and Rickmansworth Railway Company by
the 16th of October.
In the Bankruptcy Court yesterday there was a
dividend settling in the case of Mr. W. Sharp, jun.,
underwriter, of New Broad-street, who is liable for
28,0001., and, having only about 2,0001. of assets
will not pay much more than la. in the pound.
The following is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales :
At the nineteenth series of public sales for the year there
was but • moderate attendance of both home and export
buyers, and prices were, with some exceptions named below,
rather in favour of buyers, although upon the whole • fair
amount of business was done.
East India—Ox and Cow —Calcutta were in fair request,
and a good proportion of the quantity brought forward
found buyer at about former juices to MI occasional de-
cline of id. per lb. Minim sold well, and at full prices.
Tte analysis of the sake is 149,940 Calcutta new parcels;
15,401 brought forward from former nice ; and7,Blo Madras,
Pondicherry, Bombay, kg. ; in all, 113,151 hides, of which
90,154 were sold.
East Indium.—Buffalo were only part sold.
Leather—East lodia.-111adras sold firmly at about former
priees. Bombay was mostly bought in. Australian nearly
all passed.
Belted !hides—Australian.—At the opening ;mks both

syawy aml yiene.srne . t tile full rateisttiZ
carrot ; but as th. sours, pru;re.sest the demand insA
nod a parcel of seali.ed an Arenas
of d upon ilk i ;; ~!. naA;i. to 1 iil are iiiistalleel) J.
er lb. upon the light. lattle.! of a warm eeport ems-
petition. Cape were weii compete.' for prices for ell kiwis
were ann, alto as ti.ott light hidts. Wee. led
were part sold.
:try and Dry sited Hides.—Cape, dry, sold well. Maw-
ritium, dryselted. all
glue Plece..—t'elts sold at fair rates, being Ixalle worn
damaged.
Baia was steady at late prio_s.
Myrobolame sold well.

With rckrei.cr t.) t!... market for American ecru-
ritiett, Memirs. D. lily Son, and Co. report as
fullowx

During the Pas: u c ha.s occurred in the market
i'(.l" Ante/juin tit .• t.....im j...rtieular notice. TM
runrket is firm, azt,t e e ly are without alterative.
The return t t t..e Batik of England for the week
ending Sept. 23, c..!n!ctred with that for the pro-
vi.us wok, shwa, chauges :

Circulation issue
Circulation activu .. 1.1...:t, TOO Ito:reuse 137,400
Public deposits 5,•••10,424 locreao 748;196
Other deposits
Government secur,tie-, in

tanking depart ... 10,474,800 No change
Otberncurities
department ...... . 17,4:0,239 Incre.o.e 150,227
Coin and bullion iu b th

dopartnsents 14,242,241 Increase 242,449
Seven day and other bills 691,468 la:creams 13,391
The Rest
Notes in reserve
Total reserve (note.:: coin)
in banking del'•:.:t.:.cnt tt.,918,661 Increase 105,063

These chaines ar. satisfactory. There is a fur-
ther increase botih in the bullion and reserve, and
the total under each head is now large. The
decrease in the private deposits and increase in the
private securities afford evidence of a wanewhat
better employment for money iu the general
market, but the demand is still far below the
average of the season.
We are requested to state that the firm of J.
Fraukan and Co. of Great St. Helen's, is in no
way connected with any other house of the none
name.

BANE OF ENGLAND.—An Act
and Isth Vie.. C. Lt. tate wed
'A 1661.

ISSCE nrr:
Not heaved /.1.3` ,0b1.493

L•Za.031.495

!count purenant to the Ad }lt
:it ending on Wtdneedny, he*

PARTMENT.
' Gortrument debt C 11,015,103
Olbtr r.e,oriliee.. 3,04,910
Gull coin nud bul-
lion
i Silver bullion

DAMN° DI
=Mere d.14.X.3.ta1d
3.7*3.020
Piddle Depadta
iln-
deding By.cheq..
Say. Banks, Com-
m!. of Natiocial

425,0141,411

PART/MT.
Goverment Meru.

rltlo ,lucludiug
Druil Wright An-
nuity)
Other Securities
Notes
Gold mid Silver
Cola 510,746

Accts.)
Other Deposits 11,1167,1t1
Seven day =dottier
Blw 501,488

£40,:011,720
Sept. 26, 3

e 26.504,710
lIMUSHALL. Chict ambler.

THURSDAY EVRIf/NO.

Consols, which closed yesterday at 931 to 1 for
the 10th Oct., opened this morning at 931,
"sellers," and improved to cai to g, which was
the quotation at four o'clock, the price for money
being at the same time 931 to 1. The alteration
at the Bank of France had then just transpired.
Immediately after the close of the Stock Exchange
sales were pressed, and a fall of per cent. took
place, the latest uotations being 921 to 93 for
money, and 93 tot for the October settlement.
The official business report is as follows :—Throe
per Cent. Consols for money, 93, 931, ; ditto
for account (10th Oct.), 930, I ; Three per Cents.
Reduced, 91, 901, 914 • New Three per Cents.,
91, 94, 911 ; Doha' Five per Cent. stock.
103, t, ; ditto for account, 1031, ; ditto
103/ ; the Five per Cent. " enfaoed "
rupee paw, 961, 1 • ditto, ;
Five-and-a-Half per
•t% Cent., 1 ; Bonds, 138. prem. lndia
Four per 6eut. Debentures, Oct., 1803, 981, 1 ;
ditto, 1859, 981.
The India Five per Cents. wore better this
afternoon, in face ut a declining Cousol market.
The stock closed at 103 to 3 for the account, and
the scrip at 103,,. to 4.
The March Exchequer Bills were quoted la dis.
to 2s. prem. and the June ss. to hs. prem.

Business in the foreign stock market was again
active. The chief transactions were still iu Mexi-
can Bonds, which were iu renewed demand in the
morning, and were marked as high as 26.. In the
afternoon, however, sales were premed as low as 251
in consequence of a statement in the Paris /'atria
respecting the alleged convention between England,
France, and Spain, which does nut hurinonise with
the announcement already made here. The closing
quotation was 24 to 1, being!! below that of yes-
terday. The Turkish Loan of 1858, after rising f
per cent., left off lower than yesterday, at 69 to
ex div. The Luau of 1854 showed a tendency to
reaction throughout the day, and was lust quoted
88 to 1, being worse than yesterday.
Bank Shares were oruerally steady. There were
more inquiries for London and Westminster Bank.
Union Bank of London were rather more offereL
In the miscellaneous share market scarcely any
alteration occurred. Australian Agricultural shares
showed flatness.

The closing quotations for shares in new under-
takings to-day were as follows :—(loran Marine
Insurance, 4/ to prem. ; Thames and Mersey
Marine, ; to 1 prem. ; Universal Marine Insur-
ance, it to 11 dis. ; London and Provincial Ma-
rine, 5-16 to 3-10 dis. ; Oriental and General
Marine, gto prem. ; Mercantile Fire, k to
prem. ; Connuerzial Union Fire, 1-1616. to 1-16
pram.
The shares of the Metropolitan and Provincial
Bank were quoted to-day 4 to 1 prem.

MINES.-(THIS DAY.)

Two t;CLocc.

In the mining market to-day North Basset
shares are in great demand at 8 to /. Stray Park
are dull, at 293 to 301. bfarke Valley :no quoted
10i to I ; Lod Caradon, 204 to 27 ;
Providence, 40 to 42 ; South Caradon,
286 to 296; West Seton, 320 to 330 ; East Devoa
Great Consols, 14 to 2 ; and Wheal Ltideott, 2/ to
3. Several transactions will be found recorded in
the Stook Exchange official list.
In foreign and colonial mining shares there is no
variation whatever, business being almost at a
standstill.

At Copper 11111 Mine meeting. oa the 23rd inst., the ae-
counts showed a debit bdance of 4004.
The West Pu',hear )tine accounts, presented at the
meetiug of shareholders, showed a credit halm,. of
549'. lls. 4d.
At Wheal Arthur meeting, yesterday, the accounts showed
a credit balance of lOU. A call of ls. per share was toads.
The south coudurrow Rios accounts, presented at the
meeting yesterday, showed a debit balance of 731. A call of
2s. per share was made.
At East Itmewarne Mine meeting, yesterday, the accounts
showed a debit balance of 2181. A call of 2s. per share
was mad*.
The North Downs sampling, yesterday, realised 2,0931.,
being the produce of two months.
From Dale Mine (9ept. 25) the agent writes :—" I re-
gret to es that the water is not yet out of the bolters,
having bid several little hinderments to tacounter since my
last report. I am, however, glad to say that everythiag
now appear, to be going on well, and I expect the water
will soon be out of the bottom. During the past week me
have sunk the new shaft 7 feet, which is now down from
surface 30 fathoms 4 feet."

BOARD OF TRADE RETURNS.-(THIS DAY.)

This morning the Board of Trade returns for
the month and eight months ending Aug. 31, 1861,
were issued. We subjoin astatement of the total
declared value of the exports of British and Irish
produce and manufactures during the mouth and
eight months in the last three years :
For the month. For eight =oaths.
1859
1860
1881

°newer Rimerev Ohmura TO AIDIN).—(Try
Dar.)- 21‘e ordinary Ealf.veuty meeting of proprie-
tors was held at Vie Loitdoe Tavern, Mr. Maedoushl
litaphensoe, tl.e cha Mai el the °novelty, melding.
The report of ti • direntoos, which has already appeared it
our onlumns, v.., taken se read. The chairman moved the
adoption el the report, which was agreed to unanimously.