The Express.
London, England, 1857-11-24 00:00:00

L 'st
1 i

NARZATS.

Gm

today -- enamel lay malted
lamely weave'. *are won act
log are the paetatteas :—Badern
atm 19 Si —Lemke awl Moth
e. d.—Maaettestey, 10.6111•9.
lona Malatya sad Perak*, coal.
V AY! of Quads. sl—Onai

TILE LINEN TEM/E.—The latent news from New
York, and the Enfted States, now celebrated for the con-
timoption of British mannfactaree, ha. given a more hopeful
feeling to the two trader In the north of Ireland. Business
has begun to fall into a better mode of operation, and .lowly
returning confidence gives its effect to goners' 0011110•109.
We hen heard of moral pretty fair orders, tram fiest-eless
houses, having come to head by the last mail ; others are
expected by the Pena, doe to-morrow. Stocks in the hands
of agents in Boston, New York, and other cities in
the Northern States, are not large, and It is hoped
that the recant terrible revolutions will have • good
eff.,:t in the end, by creating • deities, ou the part of sue
American mamma to turn a new leaf in their commer-
cial arrangements. Six, eight, or ten months' credit should
not exist in any country profeseing right ideas of ex-
change, and now is the time to insist one shorter date foe
pajama., not only of linens hut of all other commodities.
There wave rumours bat week that one of the largest con-
cerns in the bleaching trade hod noticod two hundred of its
workers to leave tho next fortnight. Them rumour', it ap-
pears, were incorrect, and it may be hoped that no reduction
of labour will take piece. Brown merkets ham a slight de-
gree of animation this week ; price. offered were low, but in
most cam holders refused to do bneinera, except on terms
not much under recent quotation.. Light goods were much
looked for. The insane conduct of the Shane Hill mob ha,
hod a most injurious effect on the weavers themselves. The
attempt to interfere with the promo of power-loom enter-
prise is not only 'madame, bat really the wont pomlble
COIIIIO fur the people's own interest. The yern trade con-
tinue quiet, with no change of quotabone ; but men with
each in their hands could, In some cases, bay lots of yarns at
Boner agars.. The flax markets were ether brisker daring '
the weak. Some lots of fine flax sold, on Wednesday, In
Tramps, at Ils. to 13e. • 'ave.—Bell.* alsrniry.
NEW JOINT-STOCK CONPANIF.S.—The following
new joint-stork companies have just been registered under
the Limited Liability Act —South African Railway Com-
pel, Metallurgic Company, Midland Dining-rooms Com-
tz, Cullen& Patent Tanning Company, °errant Slate
pay, Anglo-French Porcelain Company, Brazilian land
sad Mining Company, Worcester Britain& Brewery Com-
pany, Pardmoateee Mining Company, Great Wheal Martha
Mining Company, Oxfordshire Wine Company, Midland
Counties Newspaper Company, Exeter Deposit Loan and
Disposal Company, Wellington Corn Exchange, British
Oss Light Company, Whitobaven Ga., Swsffham Corn
E1.40,11re. Birmingham Corn Exchange, Manchester Pubile
Hall Company, Truro Ou, and Liverpool Plow and Man
51111 Company.

Consols opened at 89: to 90 fir the
7th December, and are now quoted 90,
" buyers." For money the present price is
891 to 90. The Three per Cent. Reduced arc
marked 881 to 3 ; the New Three per Cents., 63;$
to 89; the New Two-and-a-Half per Cents., 741;
Bank Stock, 214 and 212; Exchequer Bills, 13s.
to 7s. dis.; and Exchequer Bonds, 1839, 071
and 97k.
Turkish Six per Cents. have recovered to 671 to
86. Other foreign stocks arc steady. The sales in-
clude Brazilian Old Five per Cents. at i'B; ditto
Four-and-a-Half per Cents. at 97; Chilian Six per
Cents. at 102; Dutch Four per Cents. at 96: ; l'or-
tuguese Three per Cents., 1633, at 431; itut.sian
Five per Cents. for account, at 106 to 103 Spanish
Deferred Three per Cents., for account, at 231;
Turkish Guaranteed Four per Cents., at 971; ditto,
for account, at 97:.

Tho demand at the Bank of England yesterday,
though still very active, exhibited a further diminu-
tion, whilst the resources of that establishment must
be strengthened front clay to day by the maturing of
a large mass of bills discounted a little time back.
Meanwhile, the Continental exchanges remain firm
and high ; the drain of silver exhibits no symptoms of
revival ; the American advices arc decidedly better ;
and the large supplies of gold now coming forward
are almost wholly retained here. In addition to the
400,0001. mentioned on Saturday, the Bank of
England yesterday purchased about 160,0001. in gold,
partly in Russian coin, of which another large
arrival has just taken place.
In Scotland the public mind remains calm, and in
Ireland the distrust of the banks is subsiding.
The weakest market in the Stock Exchange yester-
day was that for English railway shares. Speculation
for higher prices is restrained by the difficulty of
obtaining loans on these securities at pre-
sent, and by the prospect that moneyed establish-
ments which had taken them in pledge will con-
tinue to contract their advances. Operators fur the
fall are beginning to take advantage of this conside r-
ation, and of the decrease in the traffic. The down-
ward movement in prices will probably continue
until the public are tempted to absorb railway stock
afresh. This, however, they are pretty sure to do at
reduced prices, if all former experience may be relied
upon. . .

The corn market yesterday was rather firmer in
character, no difficulty being experienced in effect-
ing sales of wheat at last Monday's rates. Owing
to the wind having veered to the southward, yester-
day's list includes no less than 3S grain-laden vessels
arrived at ports of call, making a total of 43 since
last Friday. The country markets held at the close
of last week were generally dull and rather lower.
In most of the French markets a decline of 2s. to
3s. per quarter has also taken place in wheat.
_ . - • -

The National Bank of Turin has raised its rate of
discount to 10 per cent.

A telegram from St. Petersburg announces that
the exchange on London has fallen to 341 d. MI
the endeavours of the Government to prevent the
efflux of gold, short of absolute prohibition, must
therefore be fruitless, for, in the ordinary way of
business, there would be a profit of something like
tea per cent. on remittances of gold from St. Peters-
burg to England.
A telegram received from Sweden communicates
the satisfactory intelligence that the Swedish bills
drawn on Messrs. Iloare, Buxton, and Co., and E.
Sievcking and Son, will be mainly retired through
the Bank of Sweden, who have been moved
to interfere specially to protect the credit
of the correspondents of theta and other Swedish
houses, which bare lately suspended. The prospects
of the English creditors, as a matter of course, are
by this means proportionately improved. •
The old and respectable houses of Mesas. Berend
Rosen, and Bias, Schomburg, and Co., both of Ham-
burg, have stopped payment, with considerable lia-
bilities. The former firm are foreign bankers and
commission merchants ; the latter were engaged to
some extent in the West Indian and African trades.
We are sorry to observe that the results of the
investigation instituted by the directors of the Wol-
verhampton and Staffordshire Book by no means
tally with the favourable statement which was
at first put forward. The liabilities are stated
at 769,0001., and the assets are described
as presenting a deficiency of about 32,0001. If the
shareholders are wise, they will. act in unison and
with energy, and assist in raising with the least pos-
sible delay the 300,0001. which the directors mention
as absolutely required if the bank's doors are to be
re-opened.
-; . . .

Formal notice is given that a petition for winding
up the Liverpool Borough Bank in the Court of
Chancery is expected to be heard before the Master
of the Rolls on the 21st December.

A meeting of the creditors of Messrs. Wilton,
Morgan, and Co., wholesale stationers, who stopped
on the 12th inst., was held yesterday. The statement
of affairs, read by Mr. Cimtteris, the accountant,
showed liabilities amounting to 2.5,6291 , and assets
9,49 W. After various explanations, it was agreed to
accept a composition of 81. 6d. in the pound by three
clue instalments at three, six, and nine months
from the lit of December, the last instalment to be
secured.

The weekly traffic return of the Great Western
Railway of Canada, jut received, presents a decrease
of 3,4021., compared with that for the corresponding
period of last year. This company are inviting
tenders for loans on debentures at 6 per cent. per
annum, for 3,6, or 7 years, to repay debentures
falling due.
The coupons on Buffalo, Brantford, and Goierich
Railway Bonds are advertised for payment.

MONDAY Ey mum

The funds opened this morning at an advance of
per cent, but an extreme decline of ; per cent.
was then temporarily established, owing chiefly to
rumours that a funding of Exchequer Bills is con-
templated by government. Many persons consider
this course the more probable as the East India
Company might then, by raising the rate of interest
on India Bonds, be perhaps enabled to place some ad-
ditional amounts of those securities on the market. In
the afternoon the funds showed renewed firmness, and
although the closing quotations were I per cent.
below those of Saturday, even this trifling decline
was recovered after the recognised hours. The
public to-day invested more freely in government
stock, chiefly in Consols, in anticipation of the ap-
proaching dividend, and the rate for loans on go-
vernment securities in the Stock Exchange has con-
sequently declined. to 7 to 8 per cent
In monetary and commercial circles to-day the
feeling was calmer and more satisfactory, in response
to the more favourable features now presented. No
fresh failures ere announced, and the reports, which
met with such universal circulation, of the pressure
upon a bank in the north, have been met by a con-
tradiction.

Consols, which closed on Saturday at 89j to 90
for the 7th December, opened this morning at 90
to L declined to 691 to 1, and were quoted at four
o'clock 891 to 1. For money the price was at the
same hour 891 to /. After four o'clock the price for
the account advanced to 891 to 90. The official
business report is as follows: —Three per Cent.
Consols, for money, 90, 891, 891, 891; ditto, for
account (7th December), 90}, 90, 891, 891; Three
per Cent. Reduced, 881, 89, 881; New Three per
Cents., 881, 89, 881, 881, 881; Long Annuities,
expiring in January, 1860, 1 1516 ; Thirty Years

Turkish Six per Cents. declined nbout per rent.
to•dly, closing at 87! to 1. The Guaranteed Four
per (Ants. were ifiot:d 971 to 1. In other foreign
Stocks there was no striking alteration.
A continued disposition was evinced this meretog
to ?ix ss sales of the shares of some of the joint stock
banks, and in a few ea-es a further decline was tem-
porarily quoted. The fall, however, provokid pur-
chases, and, under the influence of a good demand in
the afternoon, a decided recovery took place. Prices
closed firm, awl in most it:stances rather bight r than
on Saturday. London and Westminster bunk shares
were last quoted 40 to 42 ; Union of London, IPs to
19; London Joint Stock, 29 to 27; London and
County, 28 to all; Bank of London, 10 to 12;
()tints! Bank, 31 to :15; Ottoman Lank, IC t
and Bank of Egypt, t to 5; dis. The shares of
the Agra and United Service Bank were (Ai
marked 8 prem.
Australian Agricultural them were qw.i.'d 11.
lower to-dav,and Electric Telegraph stock 1/. higher.
Australian -Royal Mail Steam shares were marked
1 ; London Dock stock, 98 to ; and St. Katha-
rine Dock, 87.
New York and Eric Railroad 3i d Mortgage Rinds
and Illinois Railroad Bonds were in demand to-day
at improved rates. Illinois shares opened at 12 to 10
die, and closed at 11 to 12 dis., owing, it is believed,
to sales by continental holders who are press,sl fur
mousy.

MINKS.-THIS 1)47.

Two o'CLock

The market for home miring stocks to-day is
quiet, with little change in price. Par Con-ola
shares have been dealt in at 19; ; Sortridge Con-
sols at 2; ; and Wheel Edward, at 71. For other
descriptions there has been little inquiry this
morning,
The shares of the English and Australian Copper
Company are marked 11. All foreign descriplions
are very quiet.
• '

Subjoined is the officid list of prices in the
Mining Exchange ceterclay :
Alfred Consols, 151 16, 161; Divan Buller. 12.. fad.,
13..6d.; past Russell, 2 3-16, 6.16; Kelly Bray, 33ri.,
31.. 6d.. 33e., 34..; Lady Baehr, 230., 21.., 22. ,
23.. ; Pendeen, 21, Went Grenville, 41, rot , i., .1.. 91.,
4.. 3d., 4.. 92., Gd., Ga.; Wheal Mary Ann, 41, 49f.
Foreign mining shares were dull. linglitli and
Australian Copper Smelting were flat.
A letter from Alfred Consols Mine, dated the 22n4 Nov.,
states :—" The mine continues to improve. The 1.:11 east
worth 601. per fathom : 120 west, 501. per fathom ; Ike 17.0,
401.: and the 140 is, worth 201. pa fathom."

MONDAY EVINING.

In the market for home mining atockm to-day a
limited amount of business was done at the follow-
ing prices, viz.:—Par Consols at 191 ; South Cara-
don, 340 to 345; East Ito;ewarne, 17s. Gd. ;
ridge Consols, ; Wheal Edward. 7i ; and Lady
Bertha, 235. 13cl. Great Wheal Vor and North
Crofty awes were rather weaker. Most other de-
scriptions were nominally unaltered in price.