The Liverpool Standard and General Commercial Advertiser.
Liverpool, Merseyside, England, 1846-11-03 00:00:00

RAILWAY INTELLIGENCE.

The railway from Lynn to Downham Market and Nar-
borough in Norfolk was opened last week.
At the first ordinary meeting of the Birmingham and
Oxford Railway on Friday it was resolved to amalgamate
with the Birmingham, Wolverhampton, and Dudley
Railway.
The half-yearly meeting of the Preston and gyre was
adjourned until November 25th, in order to give time to
mature the terms for amalgamating with the Manchester
and Leeds. It was stated that the half-yearly dividend
would be 15s. per share. .

During the late storm, great damage was done by the
sea to a portion of the railway works at Penmaen-mawr.
A considerable extent of the well built sea-wall, on the
Bangor side of the cliff, has been destroyed ; and all the
materials, masons' tools, &c., were washed away. It is
said that £2OOO will barely cover the damage.
At the meeting of the Vest Lancashire, or Liverpool,
Southport, and Preston Railway, at Manchester, on Wed-
nesday, Mr. R. Stephenson and Mr. P. P. Bidder were
authorised to arrange terms with the Liverpool, Crosby,
and Southport Company, as to the price per share the lat-
ter is to give for all the plans, maps, goodwill, &c. of the

former.
The Midland atits special meeting autboriced the raising
of the requisite capital (..-U,567,000) for carrying out their
new branches, making their total capital amount to about
£11,000,000. The only call on new shares this year
would be £2 per share. In 1817 there would be calls of
£8 per share. Resolutions were passed to create Midland
shares to replace those of the Birmingham and Bristol
and to include the extension of the Leeds and Bradford
i❑ the lease of the Midland.
FATAL ACCIDENT ON THE MANCHESTER AND
LEEDS RAILWAY.—AD accident, by which two men lost
their lives upon the above railway, took place on Thurs-
day, between the Brighouse and Elland stations. It ap-
pears that two plate layers heard a luggage train upon the
up line, and unfortunately stepped on the down line out
of its way. At that instant the express train, which leaves
Manchester at a atiarter-past eight came down, and both
the men were killed before they could get out of the way.
The morning was very foggy.

The Gloucester Journal says, "We hear that the Mid-
land Company will shortly arrange for spedial trains, to
carry 150 tons each, to Gloucester at regular intervals,
and that they are under promise to provide slips for shoot-
ing the salt into vessels in the canal. Should these, and
some other appliances for carrying on the salt trade be
properly and quickly carried out, we may be able to anti-
cipate the efforts which are being made at Hull to sup-
plant us, and may be in a condition to put salt on board
ship at Gloucester as cheap, if not cheaper, than at Li-
verpool."
A special meeting of the York and North Midland
unanimously assented to Mr. Hudson's proposal respect-
illy the capital of the East and West Riding shares—the
providing money to pay for the Hull and Selby in 1850,
and the capitalizing a debt between £500,000 and
£600,000, which arrangements have the effect of making
the total capital amount to £4,721,250. And the Yolk
and NewcastlP, likewise under Mr. Hudson's presidency,
agreed to capitalize certain extension shares, and to pro-
vide for the purchase of the Great North of England by a
further issue. The total capital, exclusive of the New-
castle and Berwick line, will amount to £6,625,000.
MEDICAL USE OF THE ELECTRIC TELEGRAPH.—The
electric telegraph between Norwich and Shoreditch was,
on Thursday, made the means of communication between
a physician in London and his patient in the former place.
On Wednesday, Dr. L—, a celebrated obstetric phy-
sician, was sent for from London to attend a lady lying
there in a dangerous state. On his return to town, he
left instructions to the medical attendant to convey in-
formation of the state of the patient the next morning, by
means of the telegraph. This was promptly done on
Thursday morning, and the prescription was as promptly
returned. The telegraph completed its communication
by announcing the death of the lady.

Nov. 3,184 e.

MONEY MARKET AND CITY INTELLIGENCE.

(From the John Bull.)
SATURDAY MORNING.

Very little business was transacted in the public secu-
rities in the early part of the week, and though prices
presented an unfavourable appearance no immediate decline
was expected. Ever since the Ilontpensier marriage there
has not been that buoyancy which had before character-
ised business, but dulness has been gradually increasing
though the retrograde movement was far from being ex-
cessive. The excitement occasioned by the proposed
alliance had less influence upon English Stocks than was
anticipated, but it was remarked at the time that in all
probability there would be more real cause for apprehen-
sion after than before the event had taken place. This
now seems to be the case ; for Consols have suffered a
depreciation of nearly 1 per cent. in the course of the last
week or ten days, owing to fears entertained respecting
the contemplated expedition of an armed Spanish force
into Portugal. The great fall in prices occurred on
Thursday, when this intelligence was first spread, and as
it seems preparations have been made for such a pro-
ceeding, the speculators feel alarmed for the consequences.
Under these circumstances they have manifested a strong
disposition to get rid of stock, in order to be prepared for
any great change in the position of foreign relations. The
intelligence from America yesterday was not altogether
regarded as favourable, and the vigorous prosecution of the
war against Mexico is considered indicative of fresh diffi—
culties in that quarter of the globe. It was reasonable to
expect that after so great a decline as one per cent. in
prices some little reaction would occur, and the market
did in fact recover in a slight degree yesterday afternoon
on purchases effected at the lowest quotations, while after
the regular hours of business, the dealings among the
outside operators carried the value of Consols from WI
for the Account to 941. Whether the dealers were led to
suppose, from information which has not reached the pub-
lic, that they had forced the market to a point of un-
warrantable depression, is a question which the next
twenty-four hours may decide ; but in the mean time it
is pertectly certain that large buyers at an advance ap-
peared late in the day, and that this circumstance had the
favourable effect of bringing quotation to this better level.
Bink Stock was last marked 204 to 205 ; India Stock,
259 ; Exchequer Bills, 8 to 12 pm. ; Reduced Three per
Cents., 93 toil.
The Foreign Securities maintained much steadiness
until the change in the value of those negotiated in the
English market, when prices gave way. The dealings
since have been of less general interest than before. The

fall in Mexican, Spanish, and Portuguese not producing
speculation, is solely attributable to the manifest dislike
of operators for heavy dealings in securities, which are so
readily influenced by the political events of the day, and
in some measure because the public, as a body, shun them
altogether. The jobbers are, therefore, left to act entirely
upon one another, and as shares are in more general fa-
vour, and the home Funds of a more important value,
they direct their speculative dealings to the latter. Mex-
ican closed yesterday at 22. Spanish Five per Cent., 251
to 251 ; ditto Three per Cents., 364: Portuguese 38 to
40 ; Dutch Two-and-a Half per Cents., 584 to 9+; and
Columbian 15 to 16.

'The share market was buoyant and brisk during the
whole of the early part of the week. The operations were
in many cases considerable, and speculation was active.

SATURDAY NIGHT

There was more firmness in Public Securities this
morning, and Consols were "done for money at 941,
and 9l for the account. The market did not close, how-
ever, quite so firm as was expected, the latest quotation
being 941 i for money and 93ii for account. Reduced
Three per Cents. were done at 93t, ; the Three-and-a-
quarter por Cents. at 95-a ; Exchequer Bills, 8 11, and
India Bonds, 22 premium. Bank Stock was done at 2041.
The accounts from Paris were considered leis equivocal
respecting the affairs.of the Peninsula, which was the chief
reason assigned for the market being better. _ _