The Express.
London, England, 1864-05-19 00:00:00

The applications within the limits on the pre-
sent occasion, it will be seen, have reached
1,240,00 W. On the previous occasion they were
850,0001. ; before that, 1,670,0001. ; and before
that, 4,26,0001.
The London and North-Western Railway traffic re-
turn shows this week an increase of 14,4881. over
last year ; the London and South-Western, au in-
crease of 5,1941. ; the Great Eastern, an increase
of 6,183/. ; the Great Western, an increase of
10 5191. ; and the Great Northern an increase of
7 6531.

The directors of the South Eastern Banking Com-
panv have made a call of 21. per share, payable at
the 'City Bank on the 15th June.
Another new nodertakibg is the Floating Tele-
graph Station and Light Ship Company (Limited).
This company proposes "to provide and anchor
ships near the ordinary track of vessels, such ships
to serve as electric telegraph and signal stations in
communication with existing systems in Europe
and America, and also as safety beacons for navi-
gation." The ships are to be fitted up complete as
telegraphic stations, and are to be provided with
steam power. Steam tenders, capable of acting as
tugs, are also to be at hand, with a view to render
assistance to disabled and derelict vessels. The
first stations selected are off the Scilly Islands and
off Cape Race, Newfoundland. The company looks
for its revenue to the conveyance of telegrams,
salvage, the sale of stores, towage, and the em-
barking and disembarking of mails, parcels, and
passengers. The capital is 250,0001., in 25,000
shares of 101. each •

We have also received a copy of the pros-
pectus of the Torbay Hotel and Winter
Gardens Company (Limited). The promoters
urge that Torquay is at present very de-
ficient in hotel accommodation. It is accordingly
proposed to erect, "at a small cost," a commodious
hotel on an eligible site close to the railway-station
and sea shore, and cemmandiug beautiful views.
A winter garden of considerable extent, and to
which visitors will be admitted by subscription, is
also to be formed. The builders have expressed
their willingness to take a large portion of the con-
tract price in shares. The capital is 50,0001., in
5,000 shares of 101. each.
We are informed that Mr. F. W. Baring ham
joined the direction of the Humber Iron Works
and Shipbuilding Company.
Notice is given that the business of the Conti-
nental Bank Corporation will be carried on from
and after Monday next, at the permanent premises
of the company at No. 9, King's Arms-yard.
A special meeting of the Great Western Railway
Company is called for the 3rd of June, to ap-
prove 26 bills now before parliament, and for other
purposes.
With reference to the market for American
securities, Mr. E. F. 'Satterthwaite reports as
follows :

During the past week there bas been no revival of basi-
seas in the London market for American securities, opera.
ton refraining from soy traesactioas peoding the result of
the military operations between Generals Groot sod Lee.
Price of both railroad shares and bonds are nominally about
the same as last week, but it is extremely difficult to coo-
elude bushman, excepting at a wide margin from the quota-
sloes. There has been a sliest demand for United States
5.20 Bonds, on oontinentel account ; they elose 54j, buyers.

WZDSTSDAT Ensue.
Console, which closed yesterday at soi to 1 ex
div., for the Bth of June, were marked to-
day. 94 and 901, and closed at 901 to 1.
For money the last price was 911 to I, with
div. The official business report is as fol-
lows :—Three per Cent. Consols, for money,
911, 1,1, ; ditto for aooount, 901, 1 ; Three
per Cents. Reduced, 894, ; New Three
per Cents., 891, 4,4, Bank Stock, 237 ;
India Stock, 217; ditto Five per Cent. Stock,
1051, 4, ; ditto Bonds, 255. dia. ; Four per
Cent. " enlaced" rupee paper, 931.
The India Five per Cent. Stork continues in
demand, with an upward tendency. India Bonds
were sold at 25e. die. The March Exchequer Bills
were unaltered at 18e. to 10s. dia., and the June
rather firmer, at fle. to 3e. dia.
The foreign stock market wet quiet. A few of the
speculative descriptions slightly receded.