The Express.
London, England, 1865-04-06 00:00:00

THE RIPENS, THURSDAY EVENING, API%IV IF, 1865.

THE COEPOBATION OP LONDON AND THE
LATE MB. COBDIN.-(THIS DAY.)

At a meeting of a Oostrt 01 Oommon Council held
teday, the Bight Hen. the Lc Mayon la the chair,
Mr. .Theen Tun= nee to papas the followise resolu-
tion :—" Thai Ude mart dams to express its warm
sympathy with the widow and family d the late Richard
Oebdee, Esq., ILP., sadism stammly to medele with them
in the irreperable lass they have smiudited by his lamented

damn ; u the nate isms the court &dreg to unite
i■ the universal ezprondou d regret at the loss of
so diatiagidehed a w••, so esibnalge • triad. so worthy
• anima." In panting the rssolatto• to the court Mr.
Thaw said the House of Oommons had not thought it

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1,000 60
1,000 60
1,000 101
1,010 100
1,000 IS
1,000 611
0,000 40
I,LOO, 20

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2600 40
1,110 20
2,004 26
1,000 .100
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SHARE LISTS.--(71118 DAY.)

ui
Two fiChool.
The railway market is quiet to-day, and, me'.
with the exception of a rise of } par cent. in .S
Loudon and North Western, and } in South 0S2:1
Eastern, the principal stocks exhibit no alteration. saw
London and North Western stock is now quoted INV
121} to f ; Great Western, 75 to t;
3Wand, 136 to } ; Lancashire and Yor -
shire, 119 to } ; /loath Eastern, 86 to 1/41
Great Zastera, 47} to ; Caledonian, 130} to 131 ; • •
London and South Western, 96 to } ; Great
Northern, 131} to 132} ; and Metropolitan, 128 TV
to }.
East Indian and Imperial Mexican railway shares im
have advanced, and Bombay and Baroda, Punjaub,
iomo
and Bahia are firm. On the other hand, Great No
Western of Canada have declined. sm

;J-051551
5,0001 1001
5,000 20
0,000 25
0,
5,000'
1025
000
koool so
1001100°

Tiro'
,co&100
,00,0 116
0010 100
1, 10
1,000000 60
6000 100
1000 60
1,000 so
1,000 100
5.c‹,1

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1,600'1001
10001 00
1000,100
hat 100
64000100
_11,000,100
10,600, LOS
*OOO 10
*OOO 60
*ON 60
17,600 i 0 .
4.1,000 10
61,0001 10 1 '
60,600' U
0,6001 16
*OOOl II
10
7.4.10 60 '
Wel 106
00/11 SO
row sli
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1,6111 1011
14,096,61106
34600 II
AND KO
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1041 $t Ai 141
121
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•10.710.

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00 G.DIM..4p.aJoa. 10
00 N. Cl.Wels.-11.0.-00..
p. Jam I Mo.— IN
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LseLose..loltYk.lo4.ol 10
.op.e.J
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110 N. Do. Np.oJaa.llNl CO
rN 06. LA5.R.,4.0.70.4.700
.. N Wi1er0d.4p.0.10.40107
~ IL D. MUD. Z. P. MD.,
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N. D.5WL.40.0.1 safiely 100
.. SoolD.r...ipo.Ao.boo. 100

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NONNI irainunt-ovua Alf.)
Two °Twee.
A fresh rise of per cent. has taken place to-day
in the English funds, on continued purchases, but
there is no corresponding rise in the other markets,
which are generally rather quiet. Prices, however,
remain firm, as regards nearly all clams of 'took.
No alteration in the rate of discount has resulted
from the weekly meeting of directors ot the Bank
of England to-day, neither was any expected.
The discount market is very quiet to-day, and
there is more disposition to take first class bills at
31 per cent, or 1 below the Bank minimum. The
rate in the Stock Exchange for loans from day to
day on English government securities is 3 to 34
per cent.
At Paris to-day, according to Mr. Reuter's
telegram, the Three per Cent. Rented opened at
67fr. 85c., being be. higher than yesterday.
Consols are now quoted 901 to # for money, and'
91 to for the account (May 9). The official bud-
mess report is as follows :-Three per Cent
Consols, for money, 94, 1 ; ditto for ac-
count, 901, 911 ; Three per Cents. Reduced,'
881, 89 ; New Three per Ceuta., 881, f, 89 ; Bank
Stock, 240 ; India Stock, 2161 ; ditto Five per
Cent. Stock, 1061, 107 ; ditto Bonds, 16e. prem. ;
and Exchequer Bills, 25., 6s. prem.
Only slight variations have taken place in foreign
stocks. There is an improvement of Ito per cent.
in Turkish Consolidds, but a decline of 1 in
Xaxiosn and Spanish Passive and Certificates.
ISome of the present quotations are annexed, viz.
Greek Bonds, 211 to f ; Mexican, 271 to f ;
Confederate, 32 to 33 ; Spanish Passive, 311 to
321; the Certificates, 17 to 1 ; Turkish, of
1868, 72 to ; ditto 1862, 741 to
1 ; and the Consolidds, 541 to 551.
Transactions are recorded as follows 1.-Danubian,
82f, 831 ; Dutch Two and-a-Half per Ceuta.,
163 ; Egyptian, second issue, 96# ; ditto 1001.
Bonds, 97 ; ditto 1864, 94f, f, ex div. ;
Greek Coupons, for amount, 84 ; Italian, for ac-
count, 641 ; ditto, 1866, 731, ex div. ; ditto scrip,
4,1, 31 die., ex div.; Mexican, 27f ; ditto for as
27g, ; ditto 1864, 261 ; New Granada, 131;
ditto Two per Cents., 314 ; Portuguese, 1856, to.,
for account, 481 ; Russian, 1862, 901, 891,
901; Sardinian, for account, 79, 78 ; Spanish,
for account, 483 ; ditto New Deferred,
for account, 411, f ; ditto Passive, for account
321, i; ditto Certificates, for account, 171, i;
Turkish 1862, 741, ; ditto for account, 75, 741;
ditto 1001. Bonds, 76, 1, 741 ; Venezuela, 1864,
38, 1, ex div.
International Financial shares are now quoted
11 to f prem. ; General Credit, 21 to f prem. ;
London Financial, 7to prem.; Imperial Mer-
cantile, 11 to prem. ; Hudson's Bey, 16 to / ;
Ottoman Sociitsi Glinirale, 21 to 1 prem.
The quotations for the shares of some of
the new companies are subjoined :-Metropoli-
tan District Railways, 9to prem. ; China
Steamship and Labuan Coal, 1 to 01 die. ; Rio
Janeiro Gas, Ito 11 prem. ; West London Docks
and Warehouses, Ito 01 die. ; Varna Rail-
way, 41 to prem. ; Millwall Freehold Land and
Docks, 14 to f prem. ; South of England Wagon,
to 14 prem. ; Financial Insurance, 1 to 11 prem. ;
Anglo-Egyptian Navigation, if to 2 prem.; City of
Moscow Gas, 11 to f prem. ; and South African
Lind, to 1 prem.
About 16,0001. in bars and 60,000 sovereigns
the latter from Lisbon-were sent into the Bank
yesterday, making a total of 309,0001. for the week,
while only 4,0001. has been withdrawn for export.
The City of Washington, from New York, has
brought 4,5001. in specie, and the Hansa, 2,4001.
It is stated that a rather considerable amount will
arrive from the same quarter during the next few
weeks. The Parana, from Brazil, has also arrived
with 16,8881.
The bidding' for 30,00,000 rupem (300,0000 in
bills on India took plat* yestertky at the Bank of
England. The proportions allotted were-To
Calcutta, 17,42,100 rupees ; and to Madras,
2,20,000 rupees. The minimum price was fixed at
Is. Did. on Calcutta and Madras, and Is. 111 d. on
Bombay. Tenders on Calcutta and Madras at and
above the minimum will receive in full. On Bombay
all tenders were below the minimum rate.
A telegram dated Calcutta, the let inst., brings
the important intelligence that Mr. Massey has I
promulgated his budget. An export duty of 3 per I
cent. is imposed on jute, wool, tea, and coffee, and
of 2 per cent. on bide% sugars and rice. On the
other hand, the income tax is abolished. These
changes will be viewed with regret by all interested
in the development of the agricultural resources of
our Indian empire, as they indicate a retrograde
policy. The duty on tea, coffee, and jute is quite
new, and seems especially objectionable, if regard
be bad to the importance of fostering the growing
trade in these promising articles of Indian produce.
The alteration in the duty on rice is equivalent to
an increase of 60 per cent. While Indian produc-
tion and commerce is thus practically discouraged,
the new Finance Minister for India, in abolishing
the income tax, betrays a desire to curry favour
with the official classes.
The Midland Railway traffic return shows this
week an increase of 2,0761. over last year ; the lou-
den and North Western an increase of 4061.: the
Great Western a decrease of 5121. ; the Great
Northern an increase of 3,8361. ; and the Great
Eastern au increase of 7161.
It may be useful to repeat that the railway traffic
returns published this week compare, for the most
part, with Easter week last year.
The prospectus of the New Zealand Loan and
Mercantile Agency Company (Limited) is issued.
This company has a respectable board, including a
director of the Bank of London, a director of the
National Bank, and two directors of the Bank of
New Zealand. It is urged that the demand for
advances for such objects as this prospectus points
to exceeds the capabilities of the present banking ,
institutions in the colony ; hence the establish-'
went of this company, in direct connection with I
the Bank of New Zealand, whose directors at
Auckland have intimated their willingness to act
as a local board, and have as individuals agreed
to take 5,750 of the 20,000 shares of 251. each,
composing the company's capital. It is proposed
to call up only 5/. per share, or 100,000/., and to
raise a further sum of 400,0001. of working capital
by an inns of debentures.
Another new undertaking is the Rouen Water
Company (Limited), which proposes to raise a
capital of 125,000 L, with a first issue of 80,0001., in
8,000 shares of 101. each. Rouen contains 100,000
inhabitants, and its water supply is very defective.
The company has a monopoly for 99 years, and the
municipality, by contract, become customers of the
company to the extent of 3,0001. per annum as a
minimum for 50 years. A contract has been en
tared into with Messrs. Easton. Amos, and Sons,
who are to put the company in possession of the
completed works for 120,0001., inclusive of the
expense of purchasing the concession. The mono-
poly, as applying to the whole of the city, awaits
the Imperial ratification, and meanwhile, as ex-
plained in the prospectus, a smaller contract has
been arranged with the municipality.
A special meeting of the Great Eastern Railway
Company is convened for the 24th inst., to consider
ten bills now before parliament.
A special meeting of the North London Railway
Company is called for the 20th inst., to consider
two bills now before parliament.
A petition for the winding-up of the Factage
Penmen (Limited) is to be heard before the Master
of the Rolls on the 22nd inst.
With reference to the market for American
securities Mr. E. F. Satterthwaite reports as fol-
lows :
We base Witt to report a very large zed active beatsees
la Leedom for Amides secaritisa tatted fifties 520

Bolds have formed to dad. bat Mee S. Throb
sad a gawk 'disposition to take Minns drease. wlash Pe-
mall will Imre 811. g. Ede sae Maw, taeemir
dew the week being 2 deli. pea elan ; LwHe pardreas
bar bora made is them for Nadia agewed; dr berm
have, however, bra freely sappial by Mprigsg. There is
as gattve Inquiry for Miami. sad in Warm
Mortars Hoods of the Ohio deetioa, sad the nark/
chard of all offering. In the err* for the detarbares
this oceopeny, the dealings bare arson wordy emearttt•
last ininalseat Min payable rat lath. We sots, he -
err, deify trenseetiose la the isend.te Bebeeterea, the goo.
tanks for whisk is 87 to 89; this tad the roma due
rah May for 4f., the gamest of which le guaranteed by
the Comolidated Beak.

WIEDISIDAT EVINIOIL
Consols, which closed yesterday at 90/ to 1, hoe&
for mosey and to-morrow's settlement, opened thin
morning at the same quotation, and eo closed after
temporarily touching in the interval 901 to 1. Irac
the 9th of Mailthe price improved to 90/ to 91,
and closed at to f. The official business report
is as follows : to
per Cent. Consols, for mosey,
901, 1, t,f, • ditto, for account, 921 • Three
w aced, ; New Three per
Cents., 814, / ; Bank Stock, for account, 262 •
India Stock, 216 ; ditto Five per Cent. Stork;
"eitelindia ' Fire per Cent stock was inquired for
and firm. Exchequer Bills remain at 3s. to

The foreign stock market was rather quiet. Bra-
zilian Four-and-a-Half per Cents., Sardinian, and
Buenas Ayres Six per Cents. improved 1 per cent.
Portuguese, Russian Four-and-a-Half per Cents.
of 1850 and Three per Cents. of 1859, as well as
New Granada Two per Cents., and Danubian and
Ecuador Bonds, 4. Spanish Deferred Three pee
Cents. improved I per cent., but the Passive de-
clined 4, and the Certificates were dull. There was
a reduction of to per cent. in Mexisan Bonds
and Turkish Consolidia.
In the market for bank thane the tendency cd
prices was again rather unfavourable. A redo.-
thin took place in Agra and Masterman's Bank,
British and Californian, Continental, European,
Bank of Hindustan New, London Bank of Me:ion,
London and Venezuela, Salado, Punjaub and Delhi,
and London, Hamburg and Continental Exchange
Bank shares. It conveys a lawn to inconsiderate
subscribers to the capital of new companies to
notice that, according to the existing market valua-
tion, the whole of the paid up capital of thin
latter company has been lost. The shares are of
1001. each, with 181. paid, and business is officially
recorded in them to-day at U., tbe quotation
being 18 to 17 dis. The magnitude of the share-
holders' liability on the uncalled capital has doubt-
less contributed greatly to this severe depreciation.'
London and County Bank, London Joint Stock
Bank, and Union Bank of London shares, on the
other hand, were quoted rather better to-day.
Hudson's Bay shares were last quoted to-dal
18 to 4, being flatter ; Egyptian Trading, f to
prem., being also heavy ; National Discount, 1
to prem., being ss. lower ; Joint-stock Discount,
11 to din; Ottoman So Ginirale, 24 to
prem. ; and Milan Improvements, 0 to 64 prem.,
showing a fresh rise of ss. The shares of the
Canada Company advanced 21. Fore-street Ware-
house and Peninsular and Oriental new shares
were also quoted rather better. Universal Marine
Insurance were rather flat.
The shares of the financial companies were dull.
Imperial Mercantile Credit, after declining, re-
covered to yesterday's prices. The closing quota-
tions are annexed, via :—lnternational Financial,
14 to 11 prem. ; General Credit, 2 5-18 to iR pram ;
London Financial, 7 kin prIM2.; IDIX2III
Mer-
cantile Credit, 14 to 14 prem. ; and 't Fan-
cier and Mobilier (old shares), 54 to t# preen.
The closing (but in moose cases nominal) quota.
Lions for shares in new undertakings are subjoined:
—Metropolitan District Railways, 9 to 10 prem.,
being higher ; Varna Railway, 51 WI prem.; Rio de
Janeiro Gus, 1 to 14 prem. ; West London Docks,' to
dis. ; South Africa= Land and Finance, 1 to 1/
prem. ;Mill wall Land and Docks, 14 to 2 Tem.,
being lower ; Anglo-Egyptian Navigation, 1 to
prem. ; London and South African Steam, _ to 1
prem.; and Rhos Hall Iron, lf to 11 prem.
The shares of the City of Moscow Gas Company
opened at If to prem., and bad risen at the
close to 11 to 2 prem.
United States 5.20 Bonds declined per cent.,
closing at 574 to 58.