The Express.
London, England, 1864-06-25 00:00:00

MOM MARKET.-(THIS DAY.)

Two o'Cuica.

The transactions in the stock and share markets
to-deY are upon a very limited scale. The general
tendency of prices nevertheless, is rather better,
owing to the circulation of somewhat more favourable
rumours with respect to the result of the Danish
difficulty. Consols are fractionally higher than
yesterday afternoon, and British railway stocks are
well maintained. Mexican Bonds have advanced
per cent.

- There is a fair demand for money to-day, and 6
per cent, is the lowest rate for bills.
In the Stock Exchange the rat: for short loans
on English government securities is to 6 per
cent, but is expected to decline later in the day,
the supply of money being in excess of re-
quirements.

Consols are now quoted 89j to f, ex div., for
money, and ssi to 90, ex div., for the account
(July 8).

The foreign stock market is rather firmer,
although there is not much business. The prin-
cipal feature is a rise of I per cent. in Mexican
bonds. Greek and Spanish Passive are also some-
what better, while Consolidds have slightly receded.
Some of the present quotations are as follows :
Turkish, 1858, 691 to 1 ; ditto 1862, 70 to 1 ;
Consolidds, 471 to 1 ; Greek, 23 to 1 ; Spanish
Passive, 291 to 30 ; Mexican, 431 to 1 ; and
Confederate, 63 to 65.
The last of the pending Chancery snits against
the London and County Bank, by the claimants of
Sulleir's securities, was decided to-day by the Lord
Chancellor on appeal in favour of the Bank with
costs

International Financial shares are now quoted
41 to 5 prem. ; General Credit, 2ft to 1 prem. ;
London Financial, 101 to 11 prem. ; Imperial and
Mercantile Credit, 2to prem. ; and Hudson's
Bay, 18} to 1.
A telegram from Madrid, received yesterday,
announces an event of national importance for
'Spain, viz., the closing of the Cortes without pass-
ing the iniquitous measure brought before itby Senor
Salaverria, for effecting the measure of spoliation
which he contemplated of the property of the
holders of the Passive Debt. The government in-
fence was sufficient—unhappily for the honour of
the Lower Chamber—to pass it through that
assembly, but the dignity of the Senate has refused
to submit to the degradation of becoming a mere
tool of the government, by passing a law which is
in itself a violation of all law. We call this an
event of importance for Spain, for if this measure
had been carried there is no obligation of the
Spanish government of any kind an alteration in
which might not have been at any time
proposed by a Spanish finarce minister. The -
tion taken by M. Salaverria on this matter has been
this—" Here is a law, passed in 1851, regulating
the Passive Debt of Spain, by which certain pro-
perties are assigned to the liquidation of that debt.
Instead of handing over these properties to the
creditors, it suits my purpose to give them annually
a certain sum of money instead. I choose to fix
that sum by my own sovereign will. I do not ask the
consent of the creditors, ani I ask the Cortes of
Spain to peas a law to enable me t^ carry ,t my
own will, whether the creditors like it or not./'
This is the plain naked state of the case; and we ask
whether there is to be found another finance
minister in all Europe who could be capable of such
conduct i The discomfiture of M. Salaverria is
complete.
About 7,0001. in gold was withdrawn from the
Bank yesterday for exportation. The 245,0001. by
the Etna was also bought for transmission abroad.
The arrival of 155,0001. in specie was announced
yesterday. The St. Dunstan, from Otago ((New
Zealand), has brought 72,0001. ; the Piide
of the Ocean, from Melbourne, 15,0001. ; and
the Yorkshire, from Port Phillip, 68,0001.
The foreign exchanges yesterday afternoon were
quoted about the same as on Tuesday. Subjoined
is our usual list :

Amsterdam, 3 moths, 12.04 to 1 ; ditto, S days,
11.174 to 184 • Rotterdam, 3 months, 12.04 to 1 ; hat-
warp, 3 months, 25.60 to 65; Ramberg, mos. bane*, 3
months, 13.84 to I ; Paris, 3 days, 35.15 to 25 ; ditto. S
toostba, 25.60 to 6.5 ; Fraokroi.-on-th•-/doius, 3 mouths,
1194 to 1204; St. Portnburg (per rouble), 3 months,34 to 4;
Vioasa, ea. do., 3 =lathe, ILBS to 90; Trios* ar. So., 3
mouths, 11.85 to 90 ; Madrid, 3 ovate", 48 to 1 ; Oa: 3
months, 48 to 1 ; Logboto, S months, 25.65 to 70 ;
Gems, 3 months, 25.65 to 70 ; With. S mouths,
25.65 to 70 ; Thuds; 3 months, 25.65 to 70 ; Palermo,
3 months. 25.65 to 70 ; Kaiak 3 maths, 25.65 to 70 ;
Lisboa, 90 days, 514 to 52; Oporto, 90 dark 514 to 52.
At Paris and Vienna the rate of discount in the
open market is 6 per cent. ; Amsterdam, Berlin,
and Brussels, ; Hamburg 4 ; Turin, 7; Frank-
fort, 3 ; and St. Petersburg, 5 per cent.
The annual meeting of proprietors of the Union
Bank of Australia is called for the 13th of July.
The Crown Agents for the Colonies invite tenders,
receivable until 1 p.m. on the 12th of July, for
1,000,0001. of New Zealand Government Deben-
tures, being the first instalment of a total of
3,000,0001. authorised by the Colonial Legislature.
The debentures are redeemable in 50ysan, and bear
5 per cent, interest, payable in Loudon. It is
pointed out that after the expenses of the general
government have been defrayed, there remains a
surplus of upwards of 200,0001. per annum to meet
the liabilities of the present loan. The total pub-
lic debt of the general government of New Zealand
is at present 650,0001. Securities of this character
have of late yearn met with increasing favour from
the investing public. A bill is now before parlia-
ment, which, if passed, will extend the guarantee of
the Imperial government to one-third of the autho-
rised loan of 3,000,0001.
-

The direetois of the Mercantile and Exchange
Bank (Limited), have made the undermentioned
calla payable cn the new shares, : 21. 10s., pay-
able on the 17th July, and 21. 10.., payable on the
17th October.
. . . _

A new undertaking has just been brought for-
ward under the title of the International Photo-
Sculpture Company (Limited). The proposal is to
purchase and work the English photo-sculpture
patent recently taken out. It appears that the suc-
cess which has attended the operations of the parent
'establishment in Paris has induced the formation
of this company for England. A minimum divi-
dend of eight per cent. upon the capital employed
is guaranteed for one year after the completion of
the necessary works. The capital is 50,000 f., In
5,000 shares of 10L each, of which one-half hay
been taken in France. The chairman is Sir Datil
Brewster.

At the annual general meeting of the Queen's
Hotel Company, Upper Norwood (Limited), a divi-
dend of 10 per cent., free of income tax, was de-
clared for the past year, leaving • reserve fund of
6001. ; and a balance of 1,2811. 17s. 101. was
carried to the credit of profit and loss new account.
The directors of "Holcomb and Co., Sack Con-
tractors (Limited)," announce the dosing of the
share list on Saturday, July 2, for London, and
the following Monday for the country.
The share list of the Londu and Son" wark
Into Coipo, talon will be closed on Monday,
the 27th inst., for Loudon, and on the 29th for the
country.
Mr. William Miller was on Thursday. appointed
chief cashier of the Bank of England, in the place
of Mr. Matthew Marshall, who recently resigned.
Mr. Miller has been employed in the Bank during a
period of thirty-one years, and has occupied the
position of deputy cashier since 1868. Mr. George
Forbes, the second assistant cashier, bas been pro.
mated to the post of deputy cashier.
Messrs. Goodliffe and Smart have disposed of
their old-established business as ship and insurance
brokers to Mr. G. Blight, but continue their firm
as Cape merchants without alteration.
The following ships are to be surveyed, prepara-
tory to being engaged for the conveyance of troops
to India, :—For Kterraebee The Agamemnon.
Foe Bombay : The Donald 114 Kay and Miehael
Stott. For Calcutta: The Align* Patrician, dal-
Bhnbeins, St. Lawrence, Alnwick Castle,
Trafalgar, Sydenhain, Middlesex, and Conflict.

3'

PIMAT &num
Console, which closed yesterday at 891, "
ex div., for the Bth of July, opmed this morning
at 891 to 1, and closed at 891 " buyers." For
money the last price was 891 to 1. The officia.
business report is as follows :—Three per Cent.
Consols, for money, 801 4, 1. 4,1, ex div. ;
ditto for account, 891, 14; Three per Cents.
Reduced, 881, 1,4, ; ew Three per Cents.,
884, ; India Five per Cent. Stock, 1041, 1, 4 ;
Four per Cent. " enfacee rupee paper, 991 ; ditto
Five-and-e-Half per Cent., lit
The India Five per Cent, stock was steady.
Exchequer Bills were unaltered, the March being
quoted Bs. to Si. dis„ and the June 6s. dim to fpu.
The foreign stock market showed renewed heavi-
ness in the morning, and though there was after-
wards a recovery, most of the principal stocks closed
lower than yesterday.
Hudson's Bay shares have experienced a fresh
fall of ss. to 7s. 6d., closing at 181 to 4. Egyptian
Trading were steady, at 21 to prem. Joint-Stock
Discount, Continental Union Gas, Financial Cor-
poration, Scottish Australian Investment, Smith,
Knight and Co., South African Mortgage, Tele-
graph Construction, Universal Marine Insurance,
and Trust and Loan of Upper Canada shares,
were all weaker. Panama Royal Mail Steam shares
met with more inquiry.
A further decline, averaging 2s. 6d. to 5c per
share, took place to-day in the shares of the
financial companies. London Financial fell 10s.
The closing quotations are annexed, viz. :—lnter-
national, 41 to / prem. ; General Credit, 21 to 1
prem. ; London Financial, 101 to 11 prem. ; Impe-
rial and Mercantile Credit (amalgamated), 2 to 1
prom. ; Credit Mobilier, 21 to 31 prem. ; and
Credit Foncier, 74 to 84 prem.
The closing (but in some cases merely nominal)
quotations for shares in new undertakings are
subjoined, vix. International Land Credit, 11
to 21 prem.; Millwall Iron Works, par to 3 prem. ;
Chamonix Hotel, 4 to 1 prem. ; Italian Land,
dia. to I prem. ; Channel Steam, 1 to 2 prem.;
York-street Flax Spinning, 4 to 11 prem. ; Hal-
comb and Co., 1 to 11 prem. •, Humber Iron Works,
2to 11 dia. ; and East India Financial, 11 to 1 dis.
New Brunswick and New South Wales Govern-
ment debentures were quoted rather lower.

MINES.-(THIS DAY.)

Two o'CLoci.

The mining market is quiet to-day, and the
variations in prices generally are few and unim-
portant. Wheal Grenville shares are firmer at
71 to 1, while Wheal Beton have declined
to 217 i to 224 East Grenville are quoted 41 to
51 • Great Vor, 30 to 31 ; and East Caradon, 29*
to ). Very few transactions are reported in the
Stock Exchange.
Foreign and colonial mining shares are quiet.
The directors of the Roma Grande Gold Mining
Company (Limited) have appointed Captain
Brokenshar, late chief superintendent at the cele-
brated Mines of Gongo Soco (the property of the
Imperial Brazilian Mining Association) as their
chief mining engineer and he, together with a staff
of workmen, will proceed to Brazil by the July
mail to take possession of the company's mines.
The subjoined weekly summary of the metal
market is extracted from the circular of Messrs.
von Dadelszen and North :

Political matters baying taken a more unfevourable
torn sines our last report, the metal market has been much
&premed. The decision whether we are to have peace or
win masa be much looser delayed, end the result will
Bove. : e •es of wipes. Iron : Dolores the
prevail* feature is Welsh bus and mils ; priers Sr. mi-
shits d. Staffordshire iron is selling slowly at irregular
prior. Scotch pig iron has been much depreesed, at owe
times. low as 56e. :id. es* and 575. 6d. open was accepted,
but the market closed with buyers =pewee above the
lowest points. Copper: Nothinagg of importance has bees
dorm ; manufactured is obt iabie a Midis seder diktat
tAils, lied the same remarks apply to raw. Business to
foreign is restricted, holders not being dlopmed to accept
present oom;nr, quotations. Chill in Liverpool has been
sold at 841. 10a. 'Tin : The market it very dull ; straits is
for rola, sad 1051. with two mouths prompt bur
bees d ; csah parcels are offered at 1011., but there
are so buyers. Bence neglect( I. English tin u obtain-
, able ream official prime. Tin ptes do not show int-
t. Lead: Holders would accept lower prices.
Erp=rblot much business has beers done aloes our lad
report. end forward sellers at 241., buyers limited ss. lam.
Hull p mely special brands, have realised 241. and 241. ss.

COMMERCIAL AND MARKETS.

LIVERPOOL COTTON MARKET.
Isy Ammo atm zerzasteetow. riumaaent.)
Isnot ova owe oosaassomser.)
Market alone arm. Sadao 6.000 weeolo 2.000 axe
port. Prices et Egyptioa good, Surat and elia steady.

TALLOW MARKET.—(THIS DAY.)
The market is steady. Tows tallow is ousted 39..
Petersburg Y.C. au the spelt 41s. 9d. to 491. ; all the
mouth, 41s. 04. ; July to September, 411 s. ; October to De-
comber. 445. 3d. to 445. fid.

SMITHFIELD HAY MARKET.—(THIS DAT.)
*ma Pattoodoo and Smith mart trade at list days
pa:oes. Paine voodoo bay, M. to Ms. ; work" ditto,
ittla. to 86a. ; inferior ditto, Ma to 610aodovor, 908. to
110 a. ; ditto, sooxid cat, 80t. to 106. ; dam Ms. to 30a.

COVENT GARDEN.—(PHIS DAY.)
Out-door produos ooatiooss abasdaat. Mario sal
strawberries are plaatitoL Ot grapes sad piawspoles there
is oleo sEdlopply. Arrivals al foreign goods °outlaws
bevy. peas are sow plentiful. Lisboa potatoes
are sow g fast supsrsoded by samples of hems growth.
Ammo, Mass hoc Is. to is. $ bundle. Flown chilly
omelet et orchids, heaths, peados, polaigoiriams, migoo- ,
set* aad rases
_ _ _ ititi!KL - .

Pine IP**. Its 018. to
%.= per I ;levet°, 24 64 to la
S.raorbonko.pot pos.,loOdto
Cheirr'es, per lb.. Od to Sd
Coosebodoo. prom p. Vt, Id
to Got

naddos, pdt 100, ft toles
Nuts, ONI, p bush., lom to lid
do., 161
Torirl, do , 20%

Old Ea, 14s
Ahmed% do., Me
Rabat% do., 12.

oil:oleo% par Ito. 1 to tts

Caltbeses.p.doa, ls to 2S ----
Assailants, p. bundle. ts tots
Lynch likattas,per 100,1 s Ild tots
Per,, per peck, Si to ls
Ps4aloss, York Repasts. pro
_

CP nu!.

Rocks, do.. 4/4 to fie
rakes, tes to 90.
sow. per ro., Sd to Is
Carrots per boa* Is to ls
Rhubarb. Pboodle, fd to IS

-
Turnips, per bunch. 4,1 to 91
Cuessaibers. each. Is to es
bast per dos.. e led
MAIO" per lbl..
Ovid*, per lb.. 841
letbssossi, each, Id to 8.1
todfoo, per soon. Is to Is
Sonorodisb.p.banch. ls Od Os 44
Mushroom, p.pott., is to Is 94
Porsioy, pot If wee, bo
Me" pot bare

HOSPITAL TOR CONSUMPTION AND DISCARDS ON
TUB Carer, BSOMPTOIL —The pretty little amid (provided
through the beasiossee of the ehaitmea of the
some fourteen yens ego, for the um cif the passauell=
others coeserted with thu iestitutiael. will be thrown open
to the public ou Sunday moraine seat, en the °cassia° of
aar'versary Bermes, which will be poached by the
B'shop of Ussery (the Bight Bev. Dr. O'Brien). The chapel
is fits .1 up with th, tithed regard to the essaforts of the
ompagatios ; and a very pleasing idlest is ie to the
interior, by the anemone stained glass win own, which,
with the ornamental carvisg, wars dogged by Nr. E. B.
Lamb, the architect of the shim& The approach to the
ahem! is through the lodge gates, is the Pelham-road.
Marne Rocoirro.—The &refit° receipt.' of na-
vies in the United Biardnie amounted for the week medial'
the 18th- of Jam, me 11,306 miles, to 661.3951., sod for
the correepondieg week of Last year, on 10.849 miles, to
585,4731., viewiag ea Maumee ol 459 miles, endat
65,9224 is the receipts. The groan ressipse an the follow.
Mg 14 railways amounted in the aggregate. as 7,764
sodas, to 521,1531.. and for the oar.pooding week
of 1863, as 7,566 miles, to 469.15:11., shoeing
an Menem of 196 stiles and 52.0001. is the
receipts. The Mamas en the Oeledoeis emanated
to 42064 ; .s the Gast Fasters to UM. ; en the Greet
Northers to 3,7634 ; as the Cheat loathers sad Welters
to 264 ;on S. • Greet Welters to 4,2081. ; en the Las- -
ambito nod Yorkshire h 5.6204 ; on the Leedom and
North-WeMers has 10,2961. ; on the Laudon and Brighten to
291. •, en the Leaden sod South Wasters to 3.9361. ;
ma the Masehrater, Sheffield, end Limolcskire to 2.8464 ;
en the Iliiland to 5,6671. ; on the North British to
8001. ; on the North Enters to 8,7,851. ; and en the
Beath Pastore to 2.0604—t0ta1, 31. The reeds
asd admiral Stalk on those lines unmated to 2141,5401.,
and ler the correspoodiag week of 1963 to 131,5094,
Mewing an Increase of 29,9911. The reesiple fen
peresis, ka, amounted to 2116,6531., stalest
E 7,14 ,4elewling an teems) al ZIA Mt. The melee
rose** is 63 other nor assented, no 3,544 miles, he .
13094.24, mad ler the esereepeodiegt week of Peat year us I
3,1811 miles. to 1143201., sheering as Wrote, of 261 mike,
and of 13.9224 in the reseipts. The total receipts of the I
poet weak do* en Warm of 14,72111. es wowed with )
these of the preeeitus weak, raw the 11th trot.. and es
eceepered with the aeresspeediet week el IPA yeer.a eeee.
eiderabie iseresee is the tribe of the country.