The Express.
London, England, 1863-10-20 00:00:00

PREFERENCE MAIMS.

Colvin% 5 per ant. guaraatesd, 20e.
Great Western, 5 per cent redeeroabla preferesos, 103.
London, Chatham, and Dover, 5 per cent. prat., 99.

FOREIGN RAILWAYS.
Bak and San Framdaao lim. goa. i par ant., 191 ex d.
Ottoman (Smyrna and Aidin), 12/.
Namur and Liege, 6 par mot. pref., 201.

UNION STEAMSHIP COMPANY (LIMITED.)
(THIS DAY.)

The annual general meeting 'of shareholders WAS
held at 1 o'clock at the London Tavern, Mr. AIIDEISON io
the chair. The report said :
"The following is a list of the present ships of the com-
pany, with the stations on which they are serviog, viz.:—
Athena, 739 tons, 130 horse power ; Briton, 1,164 tons,
180 horse power ; Cambrion, 1,055 too; 183 horse power
Roman, 1,282 tons, 220 horse power; Saxon, 1.141
tons, 220 horse power—on the Atlantic statics.
Dens, 530 tuna, 60 horse power; Norman, 530 toes, 60
home power—on the colonial station, Cape of Good Hope
to Natal. Anglian, 650 tam, 110 horse power—building.
It was stated in the last report that the postal contract for
the Cape of Good Hope service, for which tenders bad been
invited, had been obtained by this company for • period of
seven years, at a reduced rate, as compared with the pay-
ments under the former contract. The terms submitted for
it were arranged on • graduated scale, commencing` with
25,0631. for the first year, and diminished annually t 015.000/.
for the seventh year, making ao average of about 19,6006.
• year. The arrangements for cootiottiog the mail service
between the Cape of Good Hope sod Natal beyond yet
been concluded, but the steamers Norman and Dane have
been for the past eight months running between those
colonies with the mails under a temporary agreement with
the Natal government. In order to continue this service
with greater convenience to the Natal community, the dine-
tors have contracted for the construction of • vessel of smolt
a draft of water as will enable her to cross, at all times, •
sand bar which obstructs the entrance into Natal harbour
of any but vessels of light draft. This vessel is 660 tons
measurement, sad 110 horse power; is to be called the
Angilas, and is contracted to be reedy for service by the
Ist March, 1864. The accounts show • small increase in
the receipt, for freight and passage motley darter the
put year. The Saxon and Roman, the two last vessels
constrocted,have performed their voyages mod satidactorily,
and the director' have again the pleasure of reporting that
the company's operations during the past year have been
carried on without any accident ; and that the postal service
has been performed in • manner to obtain the entire approval
of her Majesty's Postmaster-General and the poblic con-
cerned therewith, both in this country and the colonies. Is
conclusion, the directors propose the payment of • dividend
of 1/. per share, for the last half-year. cud also a bonus oat
of the last year's earnings under the late portal contract of
10a. per share."
The CHAIIMAN, In moving the adoption of the report and
accounts, observed that the board had tendered to the
Prat-ofges on • graduated scale beginning at 25.( .
and diminishing in the muse of time to 15,000/.
The object of that mode of tendering was to
meet expected opposition, and negotiations were new
going on with the government for commuting the meats
for the seven years into even amount. The Me-
rally had been well maintained.
The motion having been adopted, a dividend of It. per
share and a bonus of It. per share were declared, and the
meeting terminated in the usual maser.

Tim Len Loan Liffrmmar.—On Sunday, some
very intending particulars of the last years of LOVII Lynd.
hunt were given in a torrid sermon preached after morning
sorties in St. George's, Hroverequare, by the Rev. Hoary
Howarth, RD., the rector, who had for many years past
been ea intimate terms with his illustrious parishioner.
The rev. gentleman took his text from Psalm go., 11, 12.
"Who cousidereth the power of Thy wrath r tic. After a
masterly analysis of this funeral psalm, which a tely
enough happened to be 008 of the psalms for day, Mr.
Howarth proceeded to speak of the late peer. Public life
had its grievous temptations. The time of statesmen was
absorbed in the weightiest of human affairs. No doubt the
work was great, and tree who did it worthily were public
fooefecton, but it disposed them to take too little thought
of reticle*. Many a public life has beta saddened at its
close by this reflection, and be well knew that nothing
so called forth Lord Lyndhurst's perpetual gratitude to
God as that he had enabled him, by extendiog his life far
beyond the allotted time, to "redeem the time." And
nobly did he redeem the time. His mind was fully occu-
pied with the impntence of religion. He was incessant in
the earnest preparations which he mode for death. He ap-
plied all the power of hie marvellous intellect and ell his
apprehensive quickness to the study of religion. Greet as
be was he bowed down before the grestoese of the Su=
Being. Through religion his natural kindliness and
disposition were refilled into the highest Christian
which were profusely three in his relations with all who
mom in contact with him—wife, daughter, servant., every-
body. His last articulate words were " Happy happy,
happy," and happy be was indeed. Those who ministered
to him knew his true humility, his hearty repenters, his
serene and earnest hope. He died in pesos and charity with
all mankind. The sermon was listened to with great rites-
time, sad at the conclusion the ' Dead March" in Saul
was played on the organ.
RUMOURED CAPTURE OF THE ALABAMA. A
rumour was current on 'Change yesterday, bat which
could not be tried to any reliable source, that the famous
Confederate cruiser Alabama had been captured by the Fe-
deral war steamer Vanderbilt. The last that was heard of
the Alabama was that she was off the Cape maids( for the
Mauritius, with the object, it was ocajectured, of intercept-
ing homeward-hound American East India traders; but r
the speed of the Vanderbilt is not equal to that of the
Alabama, and as the captain and crew of the latter are
determined to ge to any extremity lather thee that
their reset should fell into the hands of the Federels, the
tumor as to her capture received but little credit, and was
net down as one of those numerous canards that have bre
in circulation is reference to the same matter for some
months pest. —Liverpool Mercury of this day.
TRAVELLERS 114 A DIFFICULTY. —The Turin
Journals IN 00011111111 that three Dailies Sievers aimed
Messes, Grassi, sod Lire, who had undertaken a journey
into Tar tery for the mitres of obtaining fresh silkworms'
ams, have been lesprisnued by the Emir of Bokhers.
Informstiou of this isioldeet was received by the
Rorke coverer of Oremburg, who forwarded
so account offrially to Turin. The governor at
the saute time promised to employ all hie efforts to obtain
the liberation of the motives. The "tellers bed beets
wirer of the danger of the expedition before leaving
Turin, and again while creasing the Russian territory. They,
however, did not mat with soffit:kat predawn to sostsie the
roamer of simple merchants, which they bed given
Manager wet to be, but had taken a photographic ent-
reats with them, Mr by using it amidst barbarisms, with
whom easpidoe is easily excited, bad awakened the fears of
the Emir, who ordered.them to be imprisoned.
It appears that the rotten gunboats which are now
in course of demolition are to be replaced by a squadron of
armour-plated vessels. The new gunboats, we ere told,
will be coureeted es "an entirely new system." from
plans prepared by Hr. Reed. They will be propelled by
twin screws, end each boat will be capable of carrying two
heavy gra
Some daring robberies have recently been per-
petrated in the neighbourhood of Perrheregli. One of
the last places broken into is the cathedral of the city,
which cm Saturday night was robbed of an oak box cootalning
301., oontributettior the Peterborcagh Dispersal%
The Sheffield borough magistrates, at a meeting
held yesterday, weed useniumusly a resolution in favour
of Sheffield being oonstitated en arise towo.

MONEY MARKET.-(1711$ .1)11.Y.)

Two o'OLocz.

The stock markets to-day are quiet, and the
amount of business is less than that of yesterday,
yet the general tone is somewhat firmer. A
tendency to improvement which was observable at
the commencement of business, however, has not
been fully maintained to the present hour. Atter
improving 4 per cent., the funds have returned to
the closing quotations of yesterday. Some of the
more speculative foreign stooks, though below the
best point of the morning, are quoted slightly better
than they closed yesterday.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Renter opened at
67fr. 45c., and receded to 67fr. 37c., being about
the same as yesterday.
Consols are now quoted 93 to 4 for money, and
934 to 4 for the account (November 5).
The official business report is as follows :-
Three per Cent. Console, for money, 934, 93, 4 ;
ditto for account, 934 ; Three per Cents. Re-
' duced, 914, 4, ; New Three per Cents., 914,
Bank Stock, 233, 2354 ; India Stock,
226, 224 ; ditto Five per Cent. Stock, 109, 4 ;
ditto Four per Cent., 1001 ; Five per Cent. "en-
faced" rupee paper, 1074 ; and Exchequer Bills,
2s. die., la. prem.
Mexican Bonds have improved 4 per cent., being
quoted 414 to I. Greek are also 4 better, at 31
to 4, and Spanish Passive 4 lower, at 364 to 4.
Turkish securities are steady, the Loan of 1854 being
quoted 92 to 93, ex div.; that of 1868, 704 to 4; that
of 1862, 714 to 1; and the Consolides, 534 to 54.
Transactions are recorded as follows :-Brazilian
Old Five per Cents., 994, ex div. ; ditto, 1852,
1858,1860, 92, 91; Egyptian, 1004, 101 ; Greek, for
account, 314, 31; do. Coupons, for account, 15, 144 ;
Mexican, for account, .414, 4 ; New Granada,
151, ex div. ; Portuguese, 1853, for ac-
count, 494, ; ditto 1856, 1857, 1859, 1860, and
1862, for account, 481 ; Russian, 1862, 934 ;
Spanish Passive, for account, 364, 4 ; Turkish,
1858, for account, 704, 71 ; ditto, 1862, 711, 7 ;
ditto, for account, 711 ; Venezuela, 1862, for ac-
count, 614.
. _ -

The Confederate and Brazilian Loans are firmer,
the former at 65 to 67, and the latter at 1 to 11-
prem. The Portuguese is steady, at Ito prem.
London Financial shares are better, at si to I
prem., and Egyptian Trading at 2k to
1 prem. International Financial are quoted
to 51 prem., showing a decline of
2,.. 6d. ; Genend Credit and Finance,
21 to 31 pram. ; Hudson's Bay, 11 to die. ;
Anglo-Austrian Bank, k to 1 prem. ; Discount Cor-
poration, 81 to 9 prem. ; and Mortgage Bank of
India, 311 to prem.
From day to day allotments are made, involving
fresh calls upon the money market ; and although
the bulk of the funds remain in the country, and
thus merely travel from one banker to another,
yet in frequent huitances—as, for example,
with new banks in connexion with the
colonies or foreign countries—there is a
certain exportation of bullion, destined to form the
basis of operations. These calls must naturally
produce some, if only a moderate, effect upon the
money market, and it can scarcely be assumed that
the numerous issues of new stocks and shares can
be absorbed without causing some portion of those
now in existence to be thrown upon the market.
This is, indeed, an inevitable consequence of the
natural disposition on the part of holders to change
from one form of investment to another. Yesterday,
the allotment of two large masses of stock—viz.,
that of the Brazilian Loan and that of the
Anglo-Austrian Bank—took place. In the former
instance the deposit of 41., to be completed
by Friday next, involves a total demand to the
extent of 400,0001. In the case of the Brazilian
Loan, the ultimate effect will be diminished by the
circumstance that this loan is for the most part
merely in substitution of Five per Cent. Brazilian
stocks previously existing. It is farther satisfactory
to remark a point of similarity between the Brazi-
lian and Portuguese Loans, inasmuch as neither of
them threatens to cause the exportation of any
important amount of gold. Amongst the other new
projects to which attention is at the moment espe-
cially directed is the Land Mortgage Bank of
India, the allotment of which is now near at hand ;
the Discount Corporation, to which a nominal total
of 15,000,0001. has been subscribed ; and
the East London Bank, which has had
its capital covered more than three times
over. It is scarcely surprising that when
new projects succeed each other thus rapidly, they
seem to jostle aside some of the older securities.
The demand at the Bank of England discount
office yesterday was to a fair extent, but in the
general market the supply of money has slightly
increased, and in exceptional instances transactions
took place at 31 per cent.
At Vienna on Saturday the Five per Cent. Metal-
liques declined per cent.
The numbers are published of 507 bonds, repre-
senting 69,3001., of the Danish Three per Cent.
Loan of 1825, which have been purchased and
cancelled. . . .

The amount of specie engaged for transmission
to-day to the East by the steamer Ripon is
202,0341., of which 67,6981. is gold, and the rest
silver. 60,4001. of the gold is for Mauritius and
Alexandria, and 125,000/. of the silver for Hong
Kong and Shanghae.
Cape of Good Hope Government Kowie Harbour
Six Cent. Debentures for 24,0001. were dis-
posed 3 of yesterday by public competition by the
crown agents for the colonies. Twenty tenders were
received altogether, varying in price from 53. to
101. per cent premium, and amounting in the
aggregate to 60,6001. All those above 1071.
were accepted in full ; those at 1071. 11s. will
participate pro rata. The avenge price realised
was 1081., and the minimum fixed before the
opening was 1061. 10e.
The Committee of the Stock Exchange have this
day appointed Friday next a 'pedal settling day in
the shares of the London, Hamburg, and eon-
tiuental Exchange Bank (Limited), which are to be
officially quoted.
It is anticipated that the Royal Mail Steam-
packet Company will declare at the meeting on the
26th inst. a bonus of if., or 30s. per share, out of
the surplus to the credit of the insurance fund, in
addition to the usual half-yearly dividend of 21.
per share.
The "letters of regret" of the Land Mortgage
Bank of India were issued last evening.
A memorandum from the directors of the East
London Bank (Limited) intimates that "the num-
ber and importance of the applications for shares in
this bank, a large proportion of which are aecem-
panied by offers of immediate business, call for so
much consideration that it will be impossible to
issue the letters of allotment of shares until
Friday, 23rd inst."
We are requested to state that the share list of
the British Indian Tea Company will be closed on
Thursday next,
There were inquiries for Comedy and Victoria
Six per Cents. and New South Wales Five per
Cents.
The Brighton Railway traffic return shows this
week a decrease of 1,5711. compared with last year,
and the South Eastern &decrease of 9141.
A special meeting of shareholders of the London
and South African Bank is convened for the 9th
February, to authorise the directors to apply for a
supplemental charter.
The Great Western 'Railway Company of Canada
intimate that " the loss on through traffic collected

and converted ascertained up to 3rd October. 1853,
amounted to the sum of 30,996 dots. 710. (6,36%-
3s. 9d.) ; and there remained a further sum of
American funds for conversion at that date of
30080 dots. 76c. In addition to which there are
balances in account with connecting railways still
unadjusted."

MONDAY EVXIII4.
Consols opened and doted at Saturday's quota-
tions, viz., 93 to * for money, and 93* to for
the oth November. The official business report
is as follows:—Three per Cent. Consols, for money,
93, I, 93 ; ditto for account, 93*; Three per Cent..
Reduced, 91k, * ; New Three per Cents., 911, I,
; Thirty Years' Annuities, 1885, 141 ; Red See
Telegraph, 21; Bank Stock, 235 . India Stock,
224 ; ditto Five per Cent. Stock, 109, * ; ditto
Four per Cent., 1001 ; ditto Bonds, 194., 225.
prem. ; Five per Cent. "enlaced" rupee paper,
104; ditto, Five-and-s-Half pea Cent., 116 f.
The India Five and Four per Cent. Stocks were
steady. Indiaßonds were quoted 19s. to 225. prem.,
and Exchequer Bill., 2,. Cis. to ls. prem., being
again is. lower.
In the foreign stock market there were repeated
variations, attention being chiefly directed toGreek,
Mexican, and Spanish Psedve Bi.nds and Certiti-
cater. _

The letters of allotment of the Anglo-Austrian
Bank were distributed this morning, and, owing
to the usual sales by speculative allottees, the price
has declined to to prem. The scrip will be
ready ou the 31st inst. Indian Land Mortgage
Bank shares were slightly lower, at 34 to prem. ;
and Discount Corporation 15s. lower, at

9 prem.
international Financial shares were ss. lower
at 5 to 51 prem.; London Financial, 2a.
better, being likewise quoted 5 to 54 prem. ; and
General Credit rather higher, at 21 to 31 prem. •
Hudson's Bay shares were dull at Ito If die. ; and
Eggptian Trading steady at 11 to 24 prem.
In the market for bank shares there was an
improvement in Alliance, Bank of Hindoetan,
London and County, and London and Westminster,
but a reduction iu Union Bank of London and
London and Middlesex. Peminsularand Oriental and
Royal Mail Stamm shares have again improved
There were also inquiries for Crystal Palace and
Copper Miners of England. Joint Stock Discount
were firm at 1/ to 11 prem., ex the new, and the
new shams_ (issued at 1 prem.) at 11 to I{l prem.
Ocean Marine shares were last quoted 13 to
131 prem. ' • Thames and Mersey, 41 to
prem. ; North British and Mercantile, 18 to ;
Universal, tol prem. ; Commercial Union, 31
to 3 prem. • London and Provincial Marine, to
prem. ; Oriental and General Marine, 14 to I
prem. ; and English and Scottish Marine, 1 to
prem.
Imperial Union Privileged Batik of Austria
shares were nominally quoted par to prem._ ;
Buxton Hotel, to prem. ; East London Bank,
31 to prem., being higher ; and British Indian
Tea, 1 to 11 prem.