The Express.
London, England, 1862-06-30 00:00:00

PROVINCIAL MAAR MAIALAYS.

Manua, Jan 111.—Ths =nitrated' bees te7 quiet, end
prices hare given way shoat 6 per cent. Great
1,1., Grand Trunk of Canada, tle ; Great Western, rtd,Wsde
_Ces=ipterri up. 60—Lancashire and Yorkshire, 1 I ;
, Sheffield, and Lincolnshire, 264 11-16 1264
—South Pastern, 824 2 4—Thames and Mersey Marine Insursnoe,
nitillTaorthern Counties Bank, par.
cowl, Juan 211.—The sales today were unimportant.
Metropolitan Wagon were sold for middle of July at 14 prem.—
Stour Valleys quoted 8411-111rmingham Guaranteed, 774, ,buyer
—Birmingham Canal. 064 I—Birmingham Banking Company, 264
4.—Town and District Bank, 164 4-Bouth Staffordshire Water-
works, 74 I.
Lute, Jan 28.—lanceshire and Yorkshire
}(Blackburn Puy.
chaos) 1016—Bastern Counties, 66—Midland, 126 —North British,
61 4—Leeds, Bradford and Hank; 24—Grest orthern A, 106.

BOMBAY, BABODA, AND CENTRAL INDIA
RAILWAY MERTING.—(THIS DAY.)
At the meeting of the above company, hell
this day, the following report was presented, which
states that there bas been • steady prover in the rail-
way works during the past half-year, and they knot
that the line is now open for traffic from Idemoo&bad in
the north to Par River in the south, being 173 miles ;
including the bridge over the Mhye River. By the reports
from India, the 18 additional miles from Memoodabad to
Ahmedabad (the northern terminus) were in a forward state,
and were expected to be completed at the end of this month.
Considerable progress had also been made in the line south
of Par River, and 41 additional miles were to be finished at
the end of this season, extending the open line to Dhanoo,
and giving a total length of about 232 miles. The bridges
over the Veturnee and Seigel° Rivers were proceeding
rapidly. The only exception seemed to be in the neighbour.
hood of the Dhairoa swamp, where some delay in laying oat
and constructint the line had arisen from the mallsrsa of the
district, the appearance of cholera, end the difficulty of ob-
taining labour. The remaining heavy works between the Par
River and Bombay are the embankments at Mabim and
Colaba; the lastmentiooed being the only work of which the
completion is expected to extend beyond the end of the coming
season. The station accommodation remains to be completed
at various important towns upon the line, and especially at
the Bombay terminus, involving in that instance a certain
11.10Unt of reclamation of land from the see. The napes-
eery workshops at Buller for the repair and supply of
locomotive manufacturing and rolling stock have
been pushed on with activity. Owing to the grow-
ing prospects of traffic, additional waggons and other
rolling stock will also have to be provided. The
outlay for these several objects, and the provision '
required for the active operations of the last half-year, have
compelled the directors promptly to raise • considerable
amouai; of capital, notwithstanding large advances made by
the SemMuy of State for India in Council, of which only a
portion has been repaid. With the view of enabling the
directors to take advantage of favourable changes in the
money market, they recommend the sharehohlers to allow
them to raise, if and when necessary, such further capital
aalmay be required. At the commencement of the
half-year there were 1091 miles open to public
traffic, at the close of the half-year 132) miles ;
the average during the half-year being 124) miles.
The total receipts for the half-year were Re. 237,001 11a. ;
the expenditure amounted to 1t5.119,6100 Ifia, fip. ; leaving
an available balance of 8a.117,140 lla. 7p. Tbenverehandiee
traffic has hitherto contributed little towards the gross re-
osipts, sad this is in some measure owing to tberiver breaks
in the comparatively short length of line open. Goods
traffic moot yet be said to have been fairly tried, nor will
it until the line is opened through to Bombay. Th. goods
traffic has, nevertheless, increased during two years from
ELMO to 1t5.1,907 per railway mile, and this nadersl
tae
per cent. reduction made in the rates with which we t.

LANCASHIRE OPERATIVES AND THE AMERICAN
WA/L.—A " mediation" meeting was held at Blackburn on Sa-
turday, resulting in the adoption of a resolution contrary to
the intention for which the meeting was called. The origi-
nal resolution called upon the government to " use
its influence in putting an end to the prosecution
of the war in America," and istimated that the war
would be carried beyond the " limits of enduranos,"
unless one or both of the great European Powers
endeavoured "to establish mace between the con-
tending parties." The amendment proposed that the "
government should use it. influence for the " set-
tlement of the American difficulty, by motor-
fag the confidence of the Southern planters in the policy of
President Lincoln." This amendment wen carried, and the
nieetieg afterwards adopted a " non•confideaee" resolution,
with reference to the mediatovial exertioes of Mr. .1. T.
Hopwood, M.P. It was Mr. Hopwood who proposed to the
Home of Commons a resolution re favour of mediation.

3 -1

MONEY MARKET.-(THIS DAY.)

Two o'CLoow.

The funds remain without variation from
Saturday's prices, and little business is going
forward in this or any other depart-
ment of the Stock Exchange. This is
settling day in shares and foreign stocks. 7lss
L fall in the securities of the Grand Trunk Railway al
4:lo4iisla has made further progress to-day.

. -
Turkish Loan scrip is quoted 31 to f prem. ; Egyp.
tiang .3 to 34 prem. ; and Russian, fto die.
Consols are officially marked 911,1, and 1, ex
div., for money. The present quotations are 914
"sellers," for cash, and 914 to 1 for the 10th July.
The official haziness report is as follows :—Bank
Stock, 234, 235 ; Three per Cents. Reduced, 914,
4, i ; New Three per Cents., 911, 4,4, 4 ; Thirty
Years' Annuities, 1885, 154 ; India Stock,
shut ; ditto Five per Cent. Stock, 1081, ;
ditto for account, 1081, ; ditto Bonds, 18s.
prem. ; Four per Cent. " enfaced" rupee paper,
924 ; ditto Five per Cent., 1081 ; Exchequer
Bills, 10a., 7s. prem.
Apart from the settlement, the foreign stock mar-
ket is quiet. The only alteration in prices worthy
of notice Via au improvement in Mexican Bonds.
The Turkish Loan of 1854 is quoted
84 to 1, and that of 1858, 70 to 4. Transactions are
recorded as follows :—Equador New Consolidated,
174; Egyptian SevenperCenta, scrip, 31, 3, 4,pren.;
Italian Five per Cents., 721, (exchange 25fr.); dittos
Marednmans Railway scrip, 1 dia. ; Mexican Three
per Cents., 284; ditto for account, 284, 1;
the Spanish Committee's Certificates, 91 ;
Turkish Six per Cents, 1858, 701 ;
ditto for account, 704, ; ditto Six per Gents.,
1862, scrip, 31 prism ; ditto paid-up scrip, 711, 1,
71 ; Venezuela Three per Cents., for account, 231.

The mail steamer Party has reached iisboit
from Brazil with 45,0001. in specie.
The sum of 53,0001. in gold was taken to the Bank
on Saturday ' making 321,0001 since the last return.
The mail steamer Shannon has arrived from the
West Indies with 249,0001. in specie and bullies,
viz., 194,0001. silver and 55,0001. gold.
Wednesday next is the day for lodging tenders at
the Bank of England for government bills on India
to the extent of re. 30,00,000 (300,0001) The
drawing of these bills precludes the necessity of
mending a like amount of silver to India.
Great excitement again prevailed on Saturday
in the Liverpool cotton market,. where prices TWO
rising with unprecedented rapidity. A fresh ad-
vance of Id. to Id. took place. The sales were
immense, reaching 30,000 bales.
Advice, from Manzanillo., vil Now York, state
that H.M.S. Mutine, which ran on the rocks at
13 Navidad, with 300,:00/ in specie on board, had
been got off.
The Board of Trade returns for the month of
May indicate a decided recovery in the export
trade. It will be remembered that the exports
of Lome produce and manufactures in the
previous month (April) were 10 per ant
less than in April, 1881, and 13 per oent. lees
than in April, 1880. The exports for May,
however, having reached 11,298,6871., are more
by 92,5171. than in the corresponding month
of lad year, and more by 349,3991, or 3 per cent.,
than in May, 1880. On a comparison of the ex-
ports for the five months with the previous periods,
the decrease is thus reduced to 44 per cent.,
in relation to 1881, but is still as much as
5,238,2971., or 10 per cent., in relation to 18110. An
examination of the figures, with a view to ascer-
tain the nature of the recovery in the month's ex-
ports, shows that the decline in the shipments of
cotton fabrics has been fully compensated by as
increase in the general oonsignmente of numerous
other articles, a few of which appear to have
been for the use of the belligerents in
America. Thus, for example, the exports of
linen piece goods to the United States figure fee
101,8681. in May, against only 12,8941 in May,
1861, and 58,9901. in May, 1880. As peculiar in-
terest attaches to the statistics of the cotton trade,
it may be mentioned that the total exports of cotton
yarn have been as follow for the month :

May, 1860 E 820,980
Nay, 1861
May, 1863 684,140
And for the five months :

1880 RA,089,916
1861 5,862,010
1862 2,628,284

The shipments of cotton piece goods hive bees
for the month :

Yq, 1860
May, 1861
May, 1882
And for the five months :
1880 815,379,894
1861
1862
The decrease in the quantity et cotton fabrics ex-
ported is to a considerable extent compensated fon
by the great increase in the value.
A general meeting of the shareholders of the
City Bank is convened for the 15th July.
The half-yearly meeting of the East and West
India Dock Company is called for the 11th July,
when a dividend is to be declared.
The sixth call of 21. is to be paid on the shares
in the Bahia Gas Company by the 21st July.
The interest is advertised on Northern Railway
of Canada First Preference Six per Cent. Bonds.

Leremost Emus*.
Consols, which closed yesterday at 911, "sellers,"
ex div., for the 10th July opened this morning at
911 to 1, and closed at 91i, " sellers." For money
the last price was 911 to . The official business
report is as follows :—Three per Cent. Consols, for
money, 911, 1, ex div. • ditto, for account (July
10), 911, 1, ex div. ; Bank Stock, 234 ; Three per
Ceuta. R.educed, 911, 1 ; New Three
,per
Cents., 911, 1, 1 ; India Stock, shut ; ditto
Five per Cent. Stock, 108/, t' • ditto
for account, 1081, 1 ; ditto Four per Cent. Deben-
tures, 1664, 100, 99/ • ditto 1864 or 1866, 109;
Five per Cent. " enlaced " rupee paper, 1031 ;
ditto Five-and-a-Half per Cent., 109/, 1.
The India Five per Cent. Stock was again
flatter, at 1081 to f. The rupee paper was Arm
Exchequer Bills improved la., closing at 7s. to 10e.
prem.
The foreign stock market was rather quiet.