The Express.
London, England, 1862-05-02 00:00:00

DA}.)

Two o'Cioci.

The stock markets to-day are heavy, notwith-
standing the tine weather. The funds have fallen I
per cent. English railways have generally declined,
being prejudiced by the unfavourable condition of
trade. There is likewise a reaction in some of the
Belgian railways. Foreign stocks, however, are
buoyant. Business generally is inactive.
The scrip of the new Russian Loan remains very
dull, at to i prem. The list was closed this
afternoon at 2 o'clock.

Turkish Loan scrip is quoted 21 to 2/ prem. ;
Egyptian, 11 to 11 prem.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes opened at
70fr. 85c., being sc. better than yesterday.
Consols are officially marked 931, and 1 for
money, and 931 for the account. The present quo-
tation is 931 to / both for cash and
the Bth inst. The official business report
is as follows :—Bank Stock, 2371, 2361 ; Three
per Cents. Reduced, 92/, 911, 921 ; New Three
per Cents., 92, 911, 921, 911 ; India Stock,
228 ; ditto Five per Cent. Stock, 1081, f,
; ditto Four per Cent. Debentures, 1863, 1001 ;
ditto, 1864,1001; ditto Bonds, 275., 30.., prem. ;
Five per Cent. " enfaced" rupee paper, 103 ;
ditto Five-and-a-Half per Cent., 109 ; Exche-
quer Bills, 17a., 205., prem.
The foreign stock market is more active. The
Turkish Loan of 1858 has risen to 701 to 1; that of
1854 is steady, at 801 to 1. There is a
decided advance in Italian Five per Cents. and
Spanish Certificates. Mexican Bonds are like-
wise in better demand. Transactions are
recorded as follows Brazilian Old Five
per Cents., 1001; ditto Four-and-a-Half
per Cents., 1852-58.60, 921 ; Equador New
Consolidated, 181, 1 ; Egyptian Seven per
Cents., 11, prem. ; Italian Five per Cents.,
69, 1, 1 (exchange 25fr.) ; ditto Five per Cents.
Railway), Scrip, 21, 11 die. ; Mexi-
can Three per Costa., for account, 311, 321, 311 ;
Moorish Five per Cents., 911; Portuguese Three per
Cents., 1853, 461; Russian Five per Cents., 961,
96, 1 ; ditto Three per Cents., 1859, 581, 59, ex
div. ; Spanish Now Deferred Three per Cents.,
for amount, 431 ; ditto Passive, 191 ; the
Committee's Certificates, Bj, 91, 81 ; Turkish

BM per Cents., 1858, 70 ; ditto for account, 701, 1 ;
ditto 1001. Bonds, 72 ; ditto Six per Cents., 1862
(scrip), 21, 1; prem. ; ditto paid-up scrip,
1.

Foos dCwac.

Consols are firm, and have improved I per cent.
since 2 o'clock. The present quotation is 931 to 94,
both for money and the account.
More than 500,0001. of the new Turkish Loan
was paid up in full yesterday, making a total of
nearly 3,300,0001. stock paid up out of an aggre-
gate of 8,000,0001.
The Atrato will take to-day 5,5501. in gold
and 3,5501. in silver for the West Indies.
The scrip of the Egyptian Loan will be ready for
delivery to the subscribers on Monday next—pro-
bably at the Bank of England.
The Eastern Counties Railway traffic return
shows this week an increase of 1,721/. ; the North
Eastern a decrease of 4,7351. ; the Lancashire and
Yorkshire a decrease of 2,8051. ; the Manchester,
Sheffield, and Lincolnshire a decrease of 2,4721. ;
the Midland a decrease of 1,5871. ; the Great
Northern, an increase of 3241. ; and the Great
Western an increase of 2,375/.
At the meeting of the shareholders of the London
and South African Bank, held yesterday, the direc-
tors' report was unanimously agreed to. It stated
the net profits upto December last at 10,5411., and
recommended a dividend of 211 per cent., free of
income tax.

A memorial, of which the following M a copy,
has been sent out this week to the Governor-
General and Legislature of Canada by the London
Committee of the English bondholders of that de-
faulting municipality—Hamilton, Canada West.
The bondholders do well in omitting no opportunity
of keeping before the public eye tie brand affixed
upon the faithless debtor, with a view to shaming
him into doing justice. Apart from the position
taken up by the memorialists—viz, that the bond-
holders security has been diminished by the action
of the legislature itself—the question is certainly
one for serious consideration in the Canadian par-
liament, seeing that this case of default affects the
estimation of Canadian securities generally :
To his Excellency the Bight Honourable Lord Monck,
Governor General of British North America and
Governor-in-Chief and Oaptain-General of Canada,
Nova Scotia, New Brunswick, and the Isle of Prince
Edward, he., he.
To the Honourable the Speaker and the Legislative
Council of Canada, and
To the Honourable the Speaker and the Legislative As-
sembly of Canada.
The memorial of the London Committee of the Hamilton
(Canada West) Bondholders humbly showeth,
That your memorialists constitute the London committee
of the English Bondholders of Hamilton, Canada West,
and represent in amount about 100,0001. sterling.
That your memorialists are judgment creditors of the
said municipality of Hamilton for the January Coupon
payable in London, and have no prospect of being able to
enforce payment tall December next, or of obtaining pay-
ment of future coupons without legal coercion.
That the property of your memorialists has been rendered
thereby unavailable for financial operations, and unsaleable,
except at an enormous sacrifice, as the legal process for en-
forcing the engagements of the municipality is attended
with great delay and expense.
That it has only recently come to the knowledge of your
memorialists that by an act of your provincial legislature,
pared at the end of the laid session, the mode of assessing
property Ina altered, whereby the security of your me-
morialists and other the bondholders of the municipality
at Hamilton has been reduced from 115,0001. per annum to
92,00 W. per annum.
Your memorialists therefore humbly pray that the bond-
holders of the municipality of Hamilton may be indemni-
fied in respect to such reduction, in each manner is to your
honourable house may seem fit ; and that the municipality
of Hamilton, which by its own showing is able to pay its
creditors in full, but simply unwillin to do so, may be
prevented from incurring further liabilities, to the preju-
dice of your memorialists._

And your memorialists will ever pray, kc.
The return of the Bank of England for the week
ending April 30, compared with that for the pre-
vious week, shows the following changes :
Circulation Mime £30,891,680 Decrees" £63,530
Circulation active
Public deposit' 6,867,375 Increase 1,332,402
Other deposits
Government securities is

banking department 11,210,755 No change.
Othersecurities in banking.department
Coin and bullion in both

depataisais 17,069,446 Decrease 82,758
Bevis day aad Gear UM 687,307 Increses 56,114
The B.
_6,417

Notes in res 9,631,990 Daman 298,860
Total mom bubo heroin
in banking ftnelmont). 10,479,756 Dwaine 318,088

The only movement of importance has been in
the government and private deposits, but as the one
has gained almost as much as the other has lost,
the decrease in the reserve is only 318,0881. There
is a small decline in the coin and bullion.
BANK 01 INGILLND.—So
NA elk e. Se, tee the a
10. IWA.
MUD Di
WOMB teavl 133,891,580

-...d mount to the Ac 4 7th
.ending on Woloads'. April
tAlMatrT.
Oovarnatont debt 1.11,016,104
Other owurttles 14484,904
Octd coin and but
Non
Atha bullion

MTN DiPl

A 10,801,101
MILS Di
=f4ant MIMI 514561 ,000
40111.141
Mlle Deposita (10-
dean
Ilsv. Ogal-
Ed& 4 44444
DNA sad Div.
Ands.) 4.987.375
Oar Depoits 14367,007
SONO isprallothat
1NT,107
Mg IM 480.
6488111

610,891,011