The Express.
London, England, 1857-11-27 00:00:00

LOCAL SHARE MARKETS.

Limiroot.. Now. —Although the leseineetion• in the Stock Cs-
ehatize have then light. a Wed, (.ohos peevelied, sett eneselom deed
es h. --Mlrteahevl. Ihnmehlre. end Cheshire,
374 —Loodoe and Itio.ll Western. ee—MeeeebeteL
Lincoln..34—Nvth Wier, (amid esahltal,. 23—Smith Seelelll.lBl
meel Looks nee and Lee Inmetuact. 8

M • PC
.trw?la........irket_simriels..lll
-bra
1:1•7.t. 7—lamed. 117 t—fterageed f 7.l6—tnauka.ll 1 64A
le 1—
Lancrldes. 67—On&
Lenora, Noy. 112—ftralLtratrars 11.&!ft, Be. 2. II _PU.n.
;I.pra..6.eea latold.ki,l6--. dreams% 7 I.lS—Norf.lk. ira—raioeta
Biaumosac Nov. V.-110..rauerast tae Adder to-day. and Man
were • deb &Mr. Landau and Nor... Western. ware done &
YI Irasftedra at IL Ilk 2d. sin! Vd—Uhenbuhaa. and Ptadordakg
IM.lnitlaa• at 40—ead analradbram Old l'oram MAIM M Ud.

Cheriff Achmet, the Envoy from the Sultan of
Mocha, who arrived at Southampton on Monday, left that
town yesterday by tbe 11.30 cm. train for Loudon. He was
to be met at the Waterloo-bridge station by a gentleman de-
puted for that purpose by the Ottoman Aiubereedor. Among
the presents for her Majesty brought by the Cherilt wan •
large and beautiful shell surmounted with gold ornament,.
He had a number of documents formed of some curious ma-
terial, which was covered with apparently Arabic writing.
The documents were each about the sine of a man's hand.
He stopped at the Dock Hotel during his sojourn at South-
ampton, but he would not touch wines or spirits there. His
mode el salutation was graceful and princely, sod in con-
versation his feature' were at play with true Arab mobility.
'rue sum FAE ANIBMNADORS.—WINDSOR, THURS.
ntY.—The Siamese Mohammedan and suite arrived at
Windsor at 25 minutes pest 6 o'clock yesterday evening by
the Great Western Railway Three of the royal carnage.
being in waiting, the royal *visitors and attendants were con-
veyed
to the Hound Tower of Windsor Cantle where a unite
of magnificent apartments bad beepeepared for them. The
Ambeasedore had the honour of dining with the Queen, and
slept in the tower, and this morning, after taking leave of
her Majesty and the Prince Consort, let for town by the
11.20 train.

STAO maTT.—A day or two since, two noble
step were discovered deed in • pond In Tottenham Pork,
Meribottisejeou h. completely locked together by the horns. It
is su that these animals test for the purpose of
iw • thirst, end, as is frequently the came, •
tight eamted—their becoming entangled, they to
wade drowned. Winn taken front the pond it was found se-
to break the horns before they could be disunited.—
Wiles lidepoodkost.
ETote COLLEOE.—At a meeting of the Provost and
Fellows of Eton College, held in the election chamber on
Wednesday last, It was agreed, under the sanction of the
Bishop of Salisbury, to divide the lucrative laving of Slur.
minater-Marshall, in Dorsetakire, into three perpetual ami-
ties of about 4004. per annum mach, this living having be-
come meant by the death of the Rey. Dr. Irving. The
livings have coneequently been distributed as follow, :—The
Rev. It. J. Gould formerly of Windsor, to Sturmineter-Mar-
shall ; the Re'. J. F. Plumptree to Cody- ; and the
Rev. Mr. Blount to Lytchett-Minter. There la also the
small curacy of lismworthy, which is not yet disposed of.
GRAND FOOT-BALL MATCH BETWEEN THE
UNIVERAMIe OF CAIIIIIIOOB AND OXFORD vu,
Pnexcs or Waxes Parever.—A match we. played yes.
heyday (Thursday) at Eton College between:the old Etonians
of rho Universiths of Cambridge and Oxford. Although
the weather was most unfavourable, it did not prevent the
match coming off. After • hard fight and some excellent
play on both sides, Cambridge won by three rouge. to
nothing. The Prince of Wales, despite the rain, enjoyed
the pleasure of witnessing the game, accompanied by Goneral
Beckley and Mr. Gibbs. The following were the names of
the Elevens —Cambridge Messrs. !lackey, Blofeld,
Dupuis, Brandreth, Hell, Pallor, Young, Morton. Whining,
Wharton, Rawlinson. Oilord Medea. Yorks. Wodehouss,
Jones, Stanley, Home, Follett, fieveme, Gosling, Gordon,
Bacon, and Warner.
_ _

••--•.
OLD INNS.—The comfortable inns of the country
an crumbling away before the system of railways and the
social changes in the habits of the people which they intro-
duce. Not long oboe the old Black Boy, of Chelmdord,
departed, leaving the site upon which he hod so long stood
as a legacy for the improvement of the town, though the
prormints of his will have not yet been carried out ; and now
the Lion and Lamb Inn, a bay hostel, though it cannot
boom the same borrows of antiquity, is about to close its
doom, sad bid the weary wayfarer thee on to seek elsewhere
the good fare and aimed ease it has been accustomedto
supply. The inn appeared to stand convenient for the traffic
to and from the railway; but having, It appears, for some
time ceased to be profitable, It will be seen by an advertise-
ment, the furniture is about to be brought to the hammer,
and the house will be oonverted into a private dwelling.—
Chelmeurd Chroosiok.

MONEY MARKET.-THIS DAT.

Two o'CLooi.

The funds to-day have risen 1 per cent., and in
every other department of the Stock Exchange
great buoyancy prevails. The tendency of all the
markets is highly favourable.
Consols for the 7th December were first marked
91, and are now quoted 90/ to I. For money the
present price is 911. The Three per Cents. Reduced are
marked 89$ to 90 ; the New Three per Cents.
891 to 90 ; Bank Stock, 215/ to 216; India Stock,
215$ to 217; Exchequer Bills, at 51. to Is. dis.,
being again better ; Exchequer Bond., 1888, 98 ;
ditto 1859, 971.
Turkish Six per Cents. have risen to 881 to I.
The Guaranteed Four per Cents. r also in
demand. Most other foreign Mocks are very firm.
Sales are recorded as follows :—Brazilian Old Five
per Cents., for account (16th December), at 981 ;
Dutch Four, per Cent. Certificates, at 96$
and 961; Portuguese Three per Cents., 1853,
at 431 and 431 ; Russian Fivo per Cents., at 1051
to 106; Spanish Old Three per Cents., at 401;
ditto New Deferred Three per Cents., at
25 ; Turkish Six per Cents., at 88$, 881,
and 881; ditto, for account (lath Decem-
ber), at 881 to 1181 ; ditto, Guaranteed Four per
Cents., at 981 to 98$. _

The sums falling due at the Bank of Eng-
land are so large as to warrant a belief that
their resources will continue to steadily accumulate.
Their note issue has already been curtailed within
the limit flied by the Charter, and this fact is of
itself sufficient evidence that affairs are now be-
ginning to return to their ordinary channels. Far-
ther mercantile embarrassments will doubtless trans-
pire, but all idea of panic may now be dis-
missed. At the same time we cannot join
in the expectation, which is beginning to
be expressed in many quarters, that the Bank will
immediately reduce the rote of discount. Such a
step would undoubtedly go far towards restoring
confidence ; and it is notorious that the position of
the Bank has greatly improved ; but these are times
for wary walking,and, despite the example set yester-
day by the Bank of France, the directors of the Bank
of England, who have displayed throughout the late
crisis judgment and ability of the highest order, will
probably take full time to deliberate upon the ques-
tion of a reduction. It must not be forgotten that
the Bank, though liable for so many millions of
deposits, have at present scarcely any "reserve."
Between the present date and the January dividend
period, they must draw in a very large amount of
money. Meanwhile, it will suffice for the public to
be assured that our immediate prospect is that of a
gradual and steady improvement.
The reduction of the premium on gold by the
Bank of France to five per mille proves to have been
the forerunner of a positive reduction ix the rates of
discount of that establishment. We stated yes-
terday that the rates had been fixed at 7 per
cent. for bills up to one month, 8 per cent. for two
months, and 9 per cent. for three months' paper.
This involves a redaction of one per cent. from the
charges established on the 11th inst. As regards the
propriety of tho step, we on this side of the Channel
aro scarcely so well qualified to judge. The rise in
the Bank's stock of bullion to eight millions sterling,
under the influence of the recent stringent rates of
discount, will have shown the directors that in
France, as in every other country, adherence to a
sound monetary policy must inevitably result
favourably, however trying at particular pe-
riods. The directors, it must be assumed,
have satisfied themselves that some relief may
be safely accorded to commerce, and their de-

cision will undoubtedly be hailed throughout
Europe u an indication that less difficult times are
at hand. Meanwhile, we may point out that the
step is calculated to give& fresh turn to the exchange
in favour of England. French gold coin is already
Bowing in some quantity from France to England—
* feature which has not been witnessed for a very
lengthened period—and the movement may be
stimulated.

The Bank of England yesterday purchased nearly
30,0001. in newly-imported gold, of which about
11,0001. was French. The general bullion movement
continues decidedly satisfactory, as nearly all the
gold imported is retained here. We have news
also of the arrival of 300,0001. in Australian gold at
Sues; and the Essex, from Melbourne, has been 82
days at sea, with 421,0001. _

Subjoined is a copy of the telegram received
Tthe Royal Mail Steam Packet Company from
ieste, communicating the gratifying news of the
safety of the mails ex the Emen, and of the arrival
at Suez of the Simla with 299,3381. in Australian
gold, together with much later advices from those
colonies. The date of the arrival of the Simla at
Suez is obscure :

St 'MARINE TELECTUPW OOMPANY.
At 2.34 p.m. Thursday the 26th November received the
following message, dated Trieste

"To R. J. Reep, Esq., Royal Mail Steam Packet Company,

Madroa, on the 18th inst►nt, picked up Admiralty agent,
purser, two pasiengers, and 110 boxes mile, en Emeu.
Malls leave to-morrow foe Marseilles per P. and 0. boats.
Simla arrived at Suez to-day at three a.m. She bring. forty.
two brat-elase paesengtes, 33 packages cargo, and 73 boxes
specie, value 229,3381. Her dates sea Sydney, Oct. 11 ;
Melbourne, Oct. 16; K. 0. Sound, Oct. 22; Oalle, Nov. 6;
Aden. Nov. 14.

"European arrived at Melbourne on the 13th Oct.
"Exchange on England, to 3 per cent. premium.
"AUSTRIAN LLOYDS."

The steamer Tamar, with the gold and heavy
portion of the mails, is expected to arrive at South-
ampton from Alexandria about the sth Dec.
The steamer Petropolis has taken out 30,000/. in
specie to the Brazils.
It is stated that the directors of the Bank of
England, actuated by a wish to alleviate as much as
possible the local distress resulting from the embar-
rassment of the Northumberland and Durham Dis-
trict Bank, have instructed the managers of the
branch of the Bank of England at Newcastle to
afford every facility as regards discounting the trade
drafts drawn by the colliery proprietors upon Lon-
don for current tales. This measure will facilitate
the continued working of collieries which otherwise,
there is reason to fear, might be brought to the verge
of a stoppage. We understand that several of the
principal landed proprietors in Northumberland are
shareholders in the District Bank.
Yesterday,at an adjourned meeting of the creditors
of Messrs. Smith, Boyle, and Co., whose suspension
took place on the 9th inst., the total liabilities were
stated by the accountants, Messrs. Turquand, Youngs,
and t about 13,0001, and the assets at 7,5001.
It was Co.,;greed to accept a composition of 10s. in the
pound, payable by instalments.
Now that every requisite arrangement has been
finally completed, it may be mentioned that Messrs.
George Peabody and Co. are the eminent American
firm who, to the satisfaction of the whole commer-
cial community, have just been assisted by the Bank
of England. in common with the rest of the press,
we have hitherto refrained from referring to the
name; but as instances have been brought to our
knowledge in which positive misapprehension has
thereby been excited, especially abroad, it is a mere
act of justice to the other houses in the trade that
the name should be mentioned.

The decrease iT( traffic return of the
Lancashire and Yorkshire 1 ailway Company is

At the request of the shareholders in the Scinde
Railway, at the last meeting of the company, a
postponement of the allotment of the shares of the
Indus Steam Flotilla wu agreed to by the chairman.
A prospectus is now issued by which the remaining

shares are offered to the public, a preference, how-
ever, being given to such Scinde hareholders as may
have been from absence or other causes unable to
take advantage of the option originally given them
of having one Indus Steam Flotilla share for every
two Scinde Railway shares. The shares of the Indus
Steam Flotilla enjoy a guarantee of 5 per cent. from
the Indian government.
-

The following communication from the Great
Northern Railway Company has been posted up
in the Stock Exchange. It implies that the direc-
tors hero no intention of further contesting the
claims of the preference shareholders:

The &eat Northern Rodney. Secretary
.v. s Office,
Ring's-crams, London, N 2 , 5
18 .
47

_ .
Etir,—ltaving I.id before the directors your letter of the
23rd inst., and the document signed by various brokers
which accompanied it, I have to inform you that it had pre-
viously been intended, and wan yesterday resolved, to pro-
pose at the adjourned general meeting of the company, to be
bald on Tuesday next, the Ist December, that the dividends
to the 30th of June, 1857, be made payable to those who are
registered proprietors on the 30th Nov. mat., and it is hoped
that this arrangement will be satisfactory to all parties. There
are objections to the books being eland, but every exertion
will be made to prevent delay or inconvenience. It is how-
ever desirable that taunters should not be sent in for about a
fortnight after the meeting, so u to interfere as little as pos-
sible with the issue of the dividend warrants.-1 am, &c.,
(Signed) J. It. Idowarr,
To M. Slaughter, Esq., Stock Exchange.

Advice' from the Cape of Good Hope mention the
arrival there of the screw steamers Imperatriz and
Lady Jocelyn, on their way to the East with troops.

The position of the =diet for American securities
is thus not:ced by Messrs. D. Bell, Son, and Co. :

There has been more business doing in American securities
during the pat week than for some weeks previously. State
stocks have been move freely offered, and some considerable
parchame have been made of Pennsylvania and Virginia
bonds for investment. In railroad bonds there ham been but
few actual transact ow, excepting in Mom of the Illinois
Central itailread, for which there has been a fair demand.
There has been some inquiry for the bonds of the New York
and Erie Railroad Company, but few arc offering for male.

rIirRSDAY ETINING.

Confidence in the monetary prospects of the coun-
try is decidedly reviving. In all quarters to-day a
much more hopeful feeling was apparent, despite
the shock given by the embarrassment of the
Northumberland and Durham District Banking
Company.
The funds to-day attained a fresh rise of 3 per
cent., owing to the continued investments of the
public and to the improved appearance of the money
market. In consequence of the steady absorption
of stock by investors, loans on Consols up to the 7th
December were obtainable in the Stock Exchange
at 4 per cent. To-day, however, the rise was not
confined to Consols, but extended to most classes of
securities, including English, French, Canadian, and
I Indian railway shares. The last named securities
are in especial demand.
Consols, which were quoted at 4 o'clock yesterday,
903 to 1 for the 7th December, opened this morning
at 901 to 1, and steadily advanced, closing at 90
" buyers." For money the last price was 901 to
The official business reports as follows : —Three
per Cent. Consols, for money, 901, 3,1, 1,3 ; ditto,
for account (7th ])eoember), 901, 3,1, 3 ; Three per
Cent. Reduced, 893, 891 ; New Three per Cents.,
891, 1, ; Thirty Years Annuities, expiring in
Oct., 1859, 11 ; Thirty Years Annuities, Jan., 1860,
2 3-16; Three-and-a-Half per Cent. Exchequer
Bonds, falling payable in 1859, 973, 971.
Exchequer Bills show a fresh advance of is.,
closing at 7s. to 3s. dis. India Bonds were dealt in
at 335. to 30s. dis., being also firmer.
Turkish Six per Cents. hare advanced 1 per cent,
closing at 88 to 1. The Guaranteed Four per Cents.
I were in good demand, and rose fully # per cent.,
being last quoted 98 to 1. Other foreign stocks
were steady, and, in some cases, more inquired for.
At Vienna, yesterday, the exchange on London
rose from 10.31 to 10.33.

The demand for joint-stock bank shares continued
to-day, and in many cases higher prices were paid.
Bank of Egypt shares, and those of some of the
Australian banks, participated in the improvement.
Union Bank of London shares were last quoted 21}
to 22i ; London and Westminster, 44 to 46 ; Com-
mercial Bank. 19 to 20; and Ottoman Bank, 161 to
17. The stocks of the two discount companies were
rather firmer. In miscellaneous securities little
alteration took place.

MINEB.-THIS DAY.

Two o'CLocr.

Business in home mining stocks to-day is again
extrely languid. The only transactions officially
reported in the Stock Exchange are in Sortridge
Consols Shares at 2 and Wheal Edward at 7L The
inquiries are still limited.
Linares mining shares have met with some
inquire, and are marked 8k ; United Mexican have
been dealt in at 34. In other foreign descriptions
there is no alteration of importance.
Subjoined is the official list of closing prices in
the Mining Exchange yesterday :

Condurrow, 110, 115; East Rtissell, 21; Lady Bertha,
V ' a., 22e. GI.; North Frances 10; Rosewarne United, 221,
231 ; Sortridge Consols, 2, 21, 11. 18s. 9.1., 2; West Gren-
ville. 3e. 91, 4a. 3.1.. 3.. Gd., 3s. 91., 4s. , Wheal Edward,
7, 71 ; Wheal Ludcott, 17s. 6d., 20...
A call of 10s. IN to be paid on the shares of the East Indian
Iron Company by the 19th December.
A dividend of 10s. per /hare was declared on Wednesday at
South Caradon nune meeting.
At a meeting of adventurers in West Basset, held on Wed-
nesday, the accounts showed a balance of 3,0361. lets. 6d. in
favour of the mine oat of which a dividend of 10s. per she
(3,0001.) was declared, leaving a attna"of 661. 16s. 6d. to be
carried forward. The neat meeting will beheld on the 27th
of January.

TIICILSDAT ETININL
This has been an extremely dull day in the market
for British mining stocks. Very little business was
done, and prices were in most cases nominally quoted
the same as yesterday. Wheal Zion shares were
dealt in in the Stock Exchange at 12s. ; Alfred
Consols, at 141; and Tin Croft at 31.

BILL BIE:COUNTING AT PhYIIOCTIL—The exams.
nation which has just taken place of an insolvent in the
Exeter Court of Bankruptcy discloses a system of ruinous
bill diecountieg which 'eta!' in Plymouth, and which has
led to the downfall of many a man whose punishment has
not been increased by a public exposure. We have
seen that in commercial circles an increase of interest
from live to ten per cent. has excited quite a panic,
and that it has tended to draw down good home., and
has involved many hundreds in their misfortunes.
But what is ten per cent. to the charges the• have
been made by the Plymouth money leaders? We find
from the evidence in this case, that thirty and as much as
filly per cent. wan charged en accommodation bills, and that
in one ease where 5001. was ths utmost amount the insolvent
received, the debt was increased by renewals of bills end by
the addition of interest to compound interest till the thine
reached 4,0001. Can any rue be surprised that a nun who
had fallen into the hands of such a set of harpies should be
crumbed by the overwhelming difficulties which surrounded
him y almost all his theme wan absorbed in Wartime off
the incessant demands of there who had possession of his
paper, and there were no terms but what he had to et:bruit
to, or else subject himself to an arrest or some other
indignity. Vet the insolvent, with Ilia otherwise heavy
burs, had lived a life of economy, and he had no trade
debts, and we are not surprised, therefore, that the judge
should have allowed him to pale through the court without
requiring that be dwell set elide a birthing of his income
for the benefit of the billmongers. He must have been be, t
on the rack for years, and there are few persons who do not
rejoice at the result of the exposure. roe our port we call
attention to it as a beacon to warn every man wens, filing
into the ready lute which accommodation bills afford, and the
almost certain ruin which fellows in their train.—Frymeells
Journal.

FAILURE AT WISBECII.—A feeling of gloom per-
vade, Witbech, in consequence of the announcement that
Mr. Henry Morton, one of our leading earn-men-bents, bad
issued a circular informing his creditors that he hxd, for the
present, suspended payment. The suspensicri is attributable
to the failure of a large firm in London. From the extent of
Mr. Morton's transactions, it is feared that the liabilities are
to a large amount. Mr. Morton has always conducted his
business in a most honourable manner, and from all we haae
beard this untoward event will present no exteption. It is
apprehended that this event will deprive the borough of Mr.
Morton's @writes sia one of the aldei men, a permanent ma-
gistrate, and a Nene Valley oommiaeloner.—Stamford Ihr-
rury.
- - -

FAILURES AT GLASGOW.—Tho failure of Alex-
ander Cruickshank, Bridgend corn mile, to which we re-
fereed yesterday, is fully announced. The liabilities, whirls
are not SO large as was supposed, amount to about 8,0e01.
We to announce the susiension of J. and J. Weight,
e.sttenelters, Glasgow. The liabilities, we understand, an
coaddirablc —Gkago Dai/y Mail.

UNIVERSITY INTELLIGENCE.

OX:F01

Nov.

In a coneocnt ion holden this inornuTig, Venn Tills
Robot Hairy Screen*, Iteu , C.I. , Fellow of All Sours
College, wee apyinted 11.3111111111. IR the School of Law sad
Modern History.
la • wingompidan baba beemedisiefiy afterwards the bi-
wire eabliemd, via. :—Meatar of Arte,Orsa-
triel°T.-4.,,,... (Lord Raistock), Ballot Collage ,
ler. Charles J. A. Parlay, Baster C.Pege . WPllßem Jones,
Trinity College; Jolts Singleton Winder, Magdalen Coilege.
Bachelor ef Aene—Chaelee limey Welker, sad William St.
Aabya, Oriel College; William Floyer Cornish, Lincoln
Calif. George Thome ltyvere, Brea:nom Collage; John
Bargee Bartlett, St. John's College; Philip Freak Eliot,
Trinity College ; Lewis Clarke, Pembroke College ; William
B. Bryan, sad George Siegle, Woreatiter College.
The Rev. Drummond Steep,
Chase, MA., Fellow and
Sealer Treasurer of Oriel Colley., Vicar of Bt. Mary the
Virgin, Oxford, sad Vic -Principal of St. Nary Hall, bar
here appointed by Lord Derby, CMarelor of the Caimealty
of Gafivd, Priedpel
f. 114. Mary Hall, la the ream of the
Bar. Dr. Blies, si
Recuc as.—Seit.qn. or NATURAL BCIFNciI.-71.8 ea-
waivers in the School of Natural Ek int* (Dv. Ceiba Pam-
broke and University Colleges ; the Rev. Robot eßear.
MA., %dhow College; sad Mr. H. J. S. Sad* M.A.
Basil Coilese) have this 'Amoco made ths following swag
of derma rm. —Case l—liegiseld Southey (camissaaer),
Christ Church College; Charles Henry Tomlinson (sehebr),
Worcester College. Clan 2 Bra."l"ar.
(ommi..-iner), Walesa College; Alesaader
lor of Art.), New lan Hall. Golly troninamerYifid-
lam CALI!: Edward George Spry (Becham of Arb),
Magdalen Hall. Claes S—George Lewis (comencear), Jams
Cedric,. Clem 4—Jobe Banes Bartlett* icommener), Bt
Johns Col s WWlsm Meader Hamm. (coasinonsv),
Wattage Culler; John lade Pryor. (commoner), Magdalen
Collryce. • Honorary fourth,.

CAMBRIDGE, Noe. 26.
The following depres were this dig conferred:
A.Y. Carry Bros h, TAaity College ; E. H. Clsytos. St.
Jelnie College ; T. Chewy. Cetus College ; Robert Was-
eca, Queens' College ; H. W. K. F (30.068. College.
LL.B. Ata Thomas Rine, Pa. John's College. A.B.
Geo. Ilaryoa Wilsot, Chrtat'e Colli.l. The unflorroetittrated
sesames vent admit NA ad eawler.l Roe. Richard Mitt-
man Norman, E tete! Caere. Oxfar.l ; 14T.Itichant
Pontlinnwn. Tsielard, M.A., Joan. College, Ozkint.