The Express.
London, England, 1863-02-26 00:00:00

duties will be held u' 4he Commercial Sale Rooms,
Mincing:lane, on Friday next, at 12 o'clock. Mr.
Samuel Gregson, M.P., will preside, and the fol-
lowing, among other members of parliament, have
promised to attend, viz. Meows. Thomas Ruing.
/3.. W. Crawford, Western Wood, and George
Moffatt. The following resolutions are to be pro-
posed :
- - • -

Thalia the opinion of this mating the praisw• duty M tea
of Is. sd. per lb., upon an average bond posed shout la 541.,
or one hundred per cent. on the market value, ias
oppressive import auty, inter! with the extension d
our commerce with China, and with the coossmptioa
and daily comforts of the community. That in the opinion
of this meeting the present side of the public revenue
ratings • strong appeal bang made to the Chancellor of
the Exchequer for an immediate redaction of the duty on
tea, more especially as sd. per lb. of the preosal seals ben
for the last six years been acknowledged as • war lax, and
to be withdrawn when opportunity should dim That the
amyl* stock of tea now in the naiad Kingdom, torahs'
with very large exports from China afloat to this
country, make* the present • most favourable
time for such reduction of duty. That the
ditty, both with reference to the maintenance of
the menu' and as • certain stimulus to increased consump-
ton, should at once be reduced to one shilling per pound, Mg
recommended by the committee of the House of COMII2OII.
in 1847, in preference to a radiated scale, which disturbs
the arrangements of the trade and would not reach the
mass of the people, who, in poor localities, maks their pur-
chases by the ounce. That the following memorial, limbo.
dying the views of this mesh. be
_now signed sad ere-
seated by the chairman to the Chancellor of the Exchequer.
Some misapprehension appearing to exist as to
the extent of the for sustained by the Great
Western Railway. Company of Canada by the con-
version of American funds received by them for
" through " traffic into Canadian currency, or into
English money for remittances to London, it may be
useful to state that this lom by the depreciation of
American money, so far as can be at present
ascertained, is likely to prove about 23,0001. during
the half-year ending 31st January last.
The London and North Western Railway traffic
return shows this week an increase of 5,1081. ; the
Great Eastern an increase of 1,2641. ; and the
London and South Western an increase of 1,5681.
The receipts of the Grand Trunk Railway of
Canada for the week ending the 31st January were
19,2591. sterling, being 2,2511. more than in the
corresponding week of last year.
At the half-yearly meeting yesterday of the South-
ampton Dock Company a dividend at the rate of
44 per cent. per annum was declared. The net
profits of the max months were 8,0941.
The report of the directors of the British Land
Company (Limited), to be submitted at the seventh
annual meeting to-morrow, states that the sales
for the year have amounted to 111,8241. Ils. 10d.,
a sum exceeding that of any former year since the
formation of the company. The report further
mentions that

In revaluiug the °dates on head, tie directors have bees
careful to malts inch an estimate as to leave no demth as
to the realiestion of a profit on future mks ; sod from the
balance in favour of the company (15,5971. 9a l ld.), they
recommend that a dividend be paid to the shareholders of
10 per amt, on the paid-np capital, free of income tax. The
dividend proposed will amount to 7,8331. 6s. Bd. With a
view ultimately to place the Let 10,000 shares oa the some
footing as the first 10,000 a call of 11. per share wee made
on the 17th of May, and a holler sell oa the 1541 a. al
October, leaving one more call of 11. a share we these chines
to make 61. paid on each of the sharer of the company.
We are requested to state that the share list or
the City Discount Company (Limited) will be closed
on Saturday next, the 28th inst.
Subjoined are the quotations of insurance, gas,
dock, and other shares, as given in the last Stock
Exchange list :
Insurance.— Alliance British sad Amigo, 164 to
ditto Nara*, 56 ; Commercial Union, 64 ; OhZell3serre
Imperial Are, 361; Imperial Life, 214 to f ;
Marisa, 1574, ex div. ; Leedom and Provineal Law, 34 to
I ;London and Previorial Wens" 11 az. div. • Maris% 100;
Munroe, fle ; North British and Meremitilis: 18 to 171 to
184 ; Dona Nerine, 124 to ; Bock Life, Bto ;
yens! !liaise, 4.
ai-
Gaidight sod Coke—Crystal Palms District, 18; Kayo-
LsiNew, 54.8Zoorial, 87, ex div. ; ditto New, to
esn div. I • Osatimmtel, 65i
Wetloo 54 ;
to 885 ; Oenenal, 29 to 30; esminster Char—
tered, New. 41 ; Waters, 18 to e.
Docks.—Beet and Weet !Adis, 139 ; London, 57 to 6e
sr di,. ; St. Hallett's), 56.
Weisman's—Berlin. 7to ; Chelsea, 94e to 4 ; Beat
London, 196 ; Grand Jamaica, 76 to 754 ; West Middle
litalals.—Orand Junetica, 76 ; Regret's (or Loads.), 841.

. _
With reference to the market for American secu-
rities, Mr. E. F. llatterthwaite reports as follows :
Etna our last of this day week, the market for Amerkea
socuritige is Loudon hie gradually strengthened; Untied
States Five per Oath (11374), and Virginia Sir per Chat
have improved 1 per east ; both these hoods are mama
for delivery An An &deter* of 1 doL per share has bees oda.
Wished on Dlinois shares, and alas an Erie.
For railroad bonds them has been a mach better &mend,
alid.rolationg generally have advanced 1 to 2 per asst.
s y adcontinuum purchases have been made in Atlantis
and Great Western First Yortpge Bonds. The &mad
has been chiefly for thou of the Peamylvaaia nectars. The
circumstance of the coupons on them Ueda beam* due
the let April next appears to 11101141•1110 buyers in preferrift
the Pennsylvania Section Bonds to three of the New York
Section.

WIMNIIIDAT Emma.

Consols, which closed yesterday at 924 to 5-16
for the sth March, were first marked this morning
924, and closed at 924 to 4. For money the last
price was 924 to The official business report
is as follows :—Threc per Cent. Consols, for
money, 82k, ; ditto, for account, 924 ;
Three per Cents. Reduced, 924 ; New Three per
Cents. 924,
Stec 237 ; 924, 4, tri;F Thirty Years' Annuities, 1885,
15* ; B India Five per Cent. Stock,
1084, 108 ; ditto our per Cent. Debentures, 100} ;
Five and a Half per Cent. " enlaced "rupee paper,
112.

The India Five per Cent. stock was unaltered, at
106 to #. Exchequer Bills declined ls. to 21.,
closing at Is. dis. to 3a. prem.
In the foreign stock market attention was partly
occupied with the settlement.
In preparation for Thursday's settlement, the
rates of continuation on English railway stocks
to-day were generally moderate. On South
Eastern, however, the rate was rather heavy, being
#to 7.16 per cent. In the foreign stock market
the terms for loans ranged from 5 to 7 per cent.
per annum.
An advance of 1 per cent. took place to-day in
Cape of Good Hope Government Debentures.
The closing quotations for shares in new under-
takings were as follows ;—British and Foreign
Marine, 2f to 3 prem. ; Cannes Hotel, to 2
prem.; Anglo-Parisian Brewery, to 1 prem.;
Oil Wells of Canada, 3 to 3* prem. ; Bank of
Wales, par to 4 prem. ; Empire Marine, to 1
prem. ; Union Marine, 21 prem. ; City of
London Fire and Life, 4 to 5 prem. ; City
Discount, to 1 prem. ; Joint Stock Discount, to
I prem. ; South Kensington Hotel, f to 1/ prem. ;
Continental Bank, I dn. to prem. ; Petroleum
Trading, g to # prem.