The Express.
London, England, 1864-06-28 00:00:00

TALLOW MARKET.-(THIS DAY.)

The usarket is eat. Town tallow is quoted 39e. 6d. ;
Petersburg Y.C. oo the spot. els. ed. ; all the mouth,
41s. ed. ; Judy to September, 41s. tid. ; October to December.
Ha.

SMITHFIELD HAY MARKET.—(rais DAY.)
Masers. Harvey and Esstoo report trade firm at the fol-
lowing prices :--Prime meadow hay. 72a. to 755. ; superior
ditto, MM. to der. ; inferior ditto, 53a. to 601.; clover, old,
90a. to 110 e. ; ditto, second cut, 80a. to 105 s. ; straw, 255.
to Ws.

INDIAN TRAMWAY COMPANY (LIMITED).
(THIS DAY.)

An extraordinary general meeting of this com-
pany was held this afternoon at the Loedon Tavern, Sir
MACDONALD STEPHENSON in the etiair, for the purpose of
receiving a report from the directors, and for authorising the
raising of the remaioiog portion of the drat lame (250,0000
of the capital of the company, sod for other purposes.
The report, an abstract of which has appeared, having
been taken u read, . . .

The CHAIRWAIf. In moving its adoption, said that in
consequence of the manner in which the Indies rail-
ways were being carried out the ultimate cost of
those railways would be less by 75 per tent than
that of the English railways, and he could state from per-
sonal knowledge acquired io each of the three presidencies
that not only would the government melee hook all it. ad.
vanann bat the ultimate return to the shareholders would be
large. The Indian tramways in connexion with
the main limes were really light railways worked
by locomotives, and not by cattle, for the traffic on them
was each as entirely to supersede the idea of working them
bv cattle. The result had been that while the main trunk
limos were constructed at much greater impetus thus the
branches, those branches or lateral light lines, were mall-
ciently strong to supply the trunk lines as feeders from all
parts of the country. lie also spoke In high terms of the
assistance given to Indies railways by the government.
In reply to Kr. Diaz,
The CHATIIIAII stated that the ATOGOVIII line would be
node for lose than t 11,0001., sad that no control was exec.
And by the government ollicials over the company's lines
further than that they were submitted in the first fastest*
to the Indian government as a matter of courtesy.
The report was then adopted, and the formal resolutions
neeemary to enable the directors to raise the additional
capitol aged to. A cordial vote of thanks to the chairman
ooneleded the proceedings.

The discount market is quiet to-day, but no
transactions are reported below the Bank minimum
(6 per cent). In the Stock Exchange the demand
is light, and the rate for short advances on English
government securities does not exceed 5 per cent.
At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Renter were quoted
65fr. 80c., showing no change.
Consols are now quoted 904 to 4, ex div., for
money, and 94 to 4, ex div., for the ac-
count (July 8). The official business re-
port is as follows :—Three per Cent. Consols,
for money, 904, 1; ditto, for account, 9,1, 4;
Three per Cents. Reduced, 894, 4, ;
New Three per Cents., 84, 4, 4 ; Bank
Stock, 237, 236; India Five per Cent. Stook,
1044 ; ditto Bonds, 10s. die. ; Exchequer Bills,
March, Be., 4e., 3e. dis. ; ditto June, ss. die.
Foreign stocks have experienced scarcely any
variation whatever. Mexican Bonds are 4 per
cent lower, at 444 to It. Greek are quoted
234 to 24 ; Spanish Passive, 294 to 4 ;
Confederate, G 3 to 64 ; Mexican scrip, I
t o 4 die. ; and Turkish Consolid6s, 484 to 4.
Transactions are recorded as follows:—Brazilian,
1863, 86 ; Belgian Four-and-a-Half per Cents.,
98 ; Egyptian, 1014 ; Greek, 23, 4 ; Mexi-
can, 444, 4 ; ditto Anglo-French, scrip, *
dis. ; Portuguese, 1853, 49, 48,; ; ditto
1856, arc., 49 ; Russian, 1862, 87}, 87 ; Spanish,
524 ; ditto Passive, ; ditto for account, 294 ;
Turkish, 1858, 694 ; ditto 1862, 7q, 4 ; ditto
100/. Bonds, 704.
International Financial shares are now quoted
54 to 4 prem. ; General Credit, 34 to 4 prem. ;
London Financial, 11l to 4 prem. ; Imperial and
Mercantile Credit, 24 to prem. ; and Hudson's
Bay, 181 to 11- _

Foua o'Cioca.

Consols are it per cent. lower, at 90 to &, ez die.,
for money, and 901 to k, ez div., for the exeunt.
No operations have occurred in bullion at the
Bank.

At Vienna the Austrian funds continue to fall,
owing to the distrust excited by the policy of the
Government towards Denmark.

The Lady Ann with 16,0001., and the Roxburgh
Castle with 24,6001., are the only gold ship* known
to be now at sea from Melbourne. The Aboukir
and the Ramsey, from Otago, New Zealand, are
bringing 28,5001. and 28,0001. respectively.
The Stock Exchange Committee have appointed
the following special settling days :
Scarborough Cliff Hotel Company (Limited)—Priday,
July 1. Not to be quoted.
General CAM and Pintoes Company (Limited), sew
sharee—Monday, July 4. To be quoted.
The committee have also ordered the quotation of
the following securities :
Grand Trunk Railway Company of Canada, Eqaipment
Mortgage Roods (Ist issue, M 0,0001.).
Atlantic and Great Western Railroad, 2nd Mortgage
Roods of the New York and Pennsylvania Sections.
A special meeting of the shareholders of the
European Bank (Limited) is called for the 12th of
July, to confirm eresolution of the directors for the
increase of the capital of the bank to 4,000,0001.
by the creation of new shares. The directors have
likewise issuel the fo!lowing circular :
83, King Williamotrest, London. June 1..3, 1864.
Sir,—ln banding yen the acoompanyiog notice, the
directors instruct mew explain that the object of the pro-
rpond unot the immodiate lame of new shame,
ustshe niacin of the directors in a position to avail them-
alms, without Modrance, of say advantageous cffer that
way be made to then,. now or hereafter, by the proprietors
of established connexions in localities where the directors
may think it advisable to introduce the European Sank.
The rapid JIMMY, of the business of the branches already
established, sod the universal prevalence of the joint stock
system of backlog, point to great advantages to be gained by
such extensions of the operation* of the batik ; cad the
directors hope, by the judicious employment of the powers
to be conferred on them by the proposed resolution, to be
enabled to extend the operation" of the European Bask to
new fields that offer prospects of great mousse to properly
000 ducted banking operationa-1 ars, he.,
J. W. Mourrr, Becretea7.

A special meeting of the British and American
Exchange Banking Corporation (Limited) is called
for the 14th July, to consider the proposed terms of
arrangement with the London and Colonial Bank
(Limited), to increase the company's capital, and
to change its name.
An extraordinary meeting of the shareholders in
the Mercantile and Exchange Bank (Limited) is
convened for the sth of July, at Liverpool, to con-
firm the proposed transfer of the business of the
London Bank of Scotland to this establishment,
and to increase the nominal capital from 2,000,000/
to 4,000,0001. by the creation of 40,000 new shares
of 501. each.

A special meeting of the Westminster Brewery
Company (Limited) is convened for the 7th of July,
to declare a dividend.

The receipts of the Atlantic and Great We Bern
Railway for the month of May were 214,679 dole.,
against 197,207 dola. in April, 226,733 dole. in
March, 229,041 dole. in February, and 207,298
dole. in January, the number of miles opened
during the whole of this period being 322.
The coupons due the lat July on the first prefer-
ence bonds of the Northern Railway of Canada are
advertised for payment in due course.
The Crown agents for the colonies are inviting
tenders on behalf of the government of Ceylon, foe
the supply of a quantity of rolling stock for the
Ceylon Railway.

FcaiDAT Eysinta.

Consols, which closed on Saturday at
div., for the Bth of July, opened this morning at
90/ to #, and closed at 901 to 1. For money the
last price was 90/ to 1. The official business report
is as follows :—Three per Cent. Consols, for money,
90, ; ditto, for account, 901,)1, 1,1, ; Three per
Cents. Reduced, 89, 1 ; New Three per Cents., 891,
89, 1 ; Bank Stock, 237, 235 ; India Five per Cent.
Stock, 1041, 1,1, ; ditto Four per Cent., 99#, ;
ditto Four per Cent. Debentures, 1888, 981.
The India Five per Cent. 'Stock remains steady.
The March Exchequer Bills were unaltered, at Bs.
to 3a. dia., and the June at 5a dis. to par.
Foreign stocks were dull in the morning, but
afterwards improved, and some of the spe..ulative
descriptions closed slightly better than on Satur-
day.
In the market for bank shares an improvement
was quoted in Commercial Bank of India, London:
and Brazilian, London and Colonial, and London
and Westminster ; while Anglo-Italian Bank, Lon-
don and Hamburg, North Western, Union Bank
of Ireland, and Union Bank of Loudon, have
slightly receded.