The Express.
London, England, 1865-12-19 00:00:00

COMMERCIAL AND MARKETS.

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HALE-PAST THREE O'CLOCK.
Consols are fiat, at 87 to it, ex div., for money,
aid 87f to if, ex div., for the account. About
75,0001. in gold has been withdrawn from the
Bank for the Continent.
The Imperial Ottoman Bank have just is-
sued a prospectus, inviting subscriptions for the
new Ottoman Six .r Cent. Loan of 6.000,0001.
This loan is in 300,111 bonds of 201. (or 500 francs)
each, and is repayable at par in 21 years. It is to
be issued in " definitive ontificates" of 1,5, and 25
bonds, and the provisional scrip will be equally ne-
gotiable in London and Paris. The price of issue
is 66 per cent.,perThe
instalments are payable as under :—On application,
1/. per bond of 201. •, on allotment, 31. 45.; on the
6th February next, 31.; on the 6th April, 31.; and
on the 6th May, 31. Allowing for the delay in
these payments, the net price of issue becomes 651.
3e. 6d. per cent., yielding 9 1-5 per cent• per
annum, or, including the bonus un repayment,
about lit per cent. The first coupon will be
payable on the Ist July, 1866, when also the first re-
payment of bonds will take place. The revenues
specially assigned by the Turkish government to the
dividend and sinking fund (amounting to 510,000/.
per annum) of this loan are stated as follows to the
' prospectus viz. : 1. The sheep taxes of Roumelia
and the Archipelago, valued at 500,000/. per
annum ; the collection of which is to be made by
the contractors of the loan. 2. The yearly produce
of the copper mines of Tokat, valued at 100,000/.
per annum. 3. The revenues (which will be free
in 1868) assigned to the payment of the Syrian In-
demnity Bonds, amounting to 260,0001. per annum;
making a total of 920,0001. The subscription list
is to be open on the 20th, 21st, and 22nd inst.
The adjourned meeting of Venezuelan Bond-
holders will take place at the London Tavern on
Friday uext, at noon, instead of on Wednesday, the
day originally fixed, the rooms at the London
Tavern having been previously engaged for that day.
About 50,000 sovereigns were withdrawn from
the Bank yesterday for Alexandria, in addition to
12,000 L in bare for the Continent.
The undermentioned Australian gold ships are
now on the way to England, viz. :—The steamer
Great Britain, out 59 days, with 498,0001. ; the
Kent, out 79, days (this 'easel was spoken with
on the 12th inst.), with 276,000/. • and the Corn-
wallis, out 93 days, with 61,5001. The total is
835,500!., of which the greater portion is nearly
due.
The steamer Nyanza will take to-morrow 52,0001.
in goldifor Alexandria ; 1,0711. in gold, for Madras ;
28,0001. in silver, for Kong Kong ; 5001. in silver,
for Foo-choo-foo •, 25,0001. in silver, for Shanglose ;
and 1,000!. in silver, for Sydney. The total is
107,5711.
The Australian accounts announce the failnre of
Messrs. Spyer and Co.' of London and Sydney,
with liabilities for 30,8911., against assets amount-
ing to 14,980/.
The Brighton Railway traffic return shows this
week au increase of 1,3281. over the corresponding
week of last year, and the South Eastern an increase
of 8981.
The Provincial Bank of Ireland have announced
the payment, on and after the 15th proximo, of a
dividend for the half-year to Christman at the rate',
of 4 per cent., besides an " extraoinary dividend"
of 365. on each 100!. share, and ordf 12s. on each 10L
share.
At a meeting of shareholders of the Bank of Tor-
kep hell yesterday, at the invitation of some dima-
tistied altottees, a resolution was proposed by one
member of the Stock Exchange, and seconded by
another member, that a committee should be ap-
pointed to investigate the mode of allotment. Full
information as to the applications for and allot-
ment of shares was given, when, in deference to the
almost unanimous wish of the meeting, the motion
was withdrawn and confidence in the directors was
expressed. A circular issued by the directors of
this undertaking states that—" The register, which
may be inspected by any shareholder, shows that
11,223 shares were applied for, and 8,477 were
allotted, which, with the shares that are expected
to be applied for from Turkey, will absorb the
whole of the first issue," and that "the directors
have such confidence in the bank as an investment
, that they have taken a considerable number of
I shares beyond the necessary qualification, and they
' were prepared, bad it been necessary, to take a
New SPIRETVAL PEER.—At the commencement . very much larger interest."
of the sett sitting of parliament the Right Rev. Dr' The subscription list of the English and Arne-
Framis Jenne, Bishop of Peterborough, will take his seat
Timm Bank opened yesterday at 9 o'clock at the
, es a spiritual peer, the vacancy having bees are by the
a death of the Right Rev. Dr. Graham, Bishop of Chester. Union Bank of London, and so great became the
Dr. Jambe= will not be entitled to • seat In
the House rush of subscribers to tbe 5,000 shares offered to
of Lords until • 'seamy arises in a diocese other than Can- the public. that a notice had to be posted up that
terbury, York, London, Durham, or Winchester. no more applications would be received. It appears
THE CATTLE PLAGUE IN Ea :ex SESSIONAL , that the total applications have exceeded 20,000
Drvistott.—We regret to Sod from the reports of Mr. Shave,
the inspector for this division. that the plague is still mak- 'hares-
: lag sad ravages. At Dirty Hall, Buttsbury, Mr. J. Stock The letters of allotment of the City Discount
hes lost If out of 23 flee Herefords, six of which died of Company were sent out on Saturday. It appears
is 16 the diem., and 12 others were slaughtered on Monday from an official memorandum that this company
it 9 se'noigbt by direction of Mr. Shave: the remaining five,
I 6 4 444 •- which were healthy. beieg also killed to save them has been " formed to take the place of the Financial
..,2 K infection. At Bmh Hall, Buttsbury, 24 other Discount Company, and for the express purpose of
" beasts, also belosgiog to Mr. Sfock, have beets killed to pre. reducing the nominal value of the shares ofthe
as 43 05 vent infection, and at Perty-street farm, held by the maim , Financial Discount Company. The new company
PREFERENCE SHARES. palliasse, six bullocks have died of the plague, sad three ' will be carried on in the same manner as die old,
Greet Northern 5 per cent redeem,st lOper cent. prem., others have bees elanghtered. Mr. 0. Copland hes lad ' and under the management of Mr. Cooper."
102. I ass sad Mr. Henry Rsyner, Chelmsford, two beasts sine
Greet Weatem.—Original RAILWAYS. per cent., 92i. Friday week ; while at the farm of Hr. Wm. Wright, i Mr. Chomeley, of the firm of Plowden,OhomeloY,
FOREIGN RIAY. West Hannieseeld, two bullocks bare recently died of the ' and Co., the bankers, of Rome, has joined the board
Dutch Rhenish (161. paid), 23t, aimless. and it is feared that others are infected. Up is of the Anglo-Romano Water Company.
Great Ltuisinboarg, 16, 151. yesterday mein them sdditioesl fatal ewes had been re. I We are requested to state that the list of aproli-
Northern Railway of Buenos Ayres, guaranteed 7 per
reta me. Friday, two at lir' Wright's' West Haaalag.f shards the Anglo-Danish and Baltic
cent.. (Limited), st. ; meld, and one at Mr. Hardy 's, Ruttaboxy, and altogether cations -
Sambre aed i• there appear to be grounds foe the gravest apprehensions ae Steam Navigation Oompany(Limited) will be closed
Sea PlUlo (Limited), guaranteed 7 per ant., 17:- regards the spread of the dream.—Esser HeralL for London and the country es will
the 27th

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8. As regards 11. Lossoo, that he proclaimed the necessity
of displaying the red flag, and at the Brunel. meeting used
these words :—" It is on the battle-field that we must hold
our rendezvous ; I have but one word to utter, ' To arms.'"
7. As regards M. Cause (collations& in 1862 as editor of
the Troosi/), that he was one of the students who exhi-
bited the black flag ; that he declared the 21st January ,
1793, was the most glorious in the annals of Frame,
that he insulted the French Consul who was present at the
meeting ; that finally at the Brussels meeting, be said :
• Citizeaa, I demand en oath from you. We are men. Well,
then, let us swear hatred to the bourgeoisie, hatred to the
capital, the right of labour, the right of workmen. Lot us
all unite; us gather round the red flag which •
poet formerly degraded without understanding that the
red flag is the appeal to arms ; the people who fight and
conquer. La 1830, in 1343, the people were not generous,
but dupes. The question is, whether we shall
endure slavery any longer." Considering these fads,
the Imperial Council resolves that the de Anan
Rey, Regnard, Lefargue, Jacquelard, and Bigourdan, of the
Faculty of Medicine ; and Lose= and Cases, of the Faculty
of Law, are for ever excluded from the Academy of Paris.
The council moreover expresses the opinion that the affair
ought to be submitted to the Imperial Council.
The decree is signed by the Secretarylof the
Council, M. Boulet.
The ',dependance Beige says that 800 law students
presented a protest to M. Pella, Dean of Faculty,
against the expulsion of the students, and demanded
that ho should resign in consequence of the decree
which has stopped the career of tire of their fellow
students. It is thought that the medical students
' will present a similar document to M. Tardieu, the
Dean of the Medical Faculty. It adds that great
irritation prevails amongst the student classes of
Paris.

32i I 31

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A PRIVATE LETTER PROM JAMAICA.

The following is an extract from a private letter I
received by the lest mill from Jamaica:
"My health still continues good here, and I purpose
Beadle' you some choice plants by the next packet. The
reign of terror still cautious. The governor wants to be
invested with despotic power. The planters are at logger-
buds with him as to who originated the belief of a general
rising of the blacks. The planters say it was the governor,
and the governor says it was the plasters. It is a
pretty kettle of fish, sod I expect the home authorities
will have to interfere. The dogging and hanging still
continue, and this beautiful island is turned into a @laugh-
ter-house. Nigger', although mentally obtuse, evidently
have a more sensitive physical organisation than we have,
and cannot *odors sharp arid sudden pain so weU as whites.
I am told they howl and gesticulate terribly when under the
sa lash. I heard a young naval officer who has been concerned
in the flogging say that Quashee can't stand the cat half so
well uan English jack tar. The flesh of the nigger when
c•lt by the cat turns white, and the blood that flows is the
richest claret colour you can imagine. The nigger
women who have been flagged stand it better than the
at men. Perhaps shame at the inil;goity strings their nerves.
for some of the flogrees ere mothers. Left-handed men
have been employed to flog, as they strike the hardest.
How curiously intense is the hatred of race. A white man
will kill but not tutus a wild bout, but he will gloat over
torturing a black man or woman. Yon may be able to
id explain this, I ain't. I have heard several isflautial
mu say they wish Gordon. a rich brown man, whom I
mentioned in my last letter, had not bees hung. They
admit he was a rank demagogue, and deserved hanging, but
that there was no necessity for it, and he might have been
banished from the island. Eyre, I think, should never have
been sent here. He is the wrong man in the wrong place.
If ever a Sacaulay gets hold of this Jamaica business,
I depend on it he will not plea it on the credit aids of our
ledger."
• —•-

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LIVERPOOL COTT
(THON .tt CORN SIARKETS.
LS DAT.)
111.0711110 AID 111111111ATIONAL TIIMGIAPIL)
(non can own ocomnroiromr.)
Corroe.—The market is rather quiet, but stenlF. 84101
about 7,000 bales.
Come.—Tti• market fairly *Hooded. Wliest in limited
moist, at nominal sties of Friday. Thor slow ids sad
see, base • rather drooping tesdens Indian oars slow
sale, st about late rates ; mixed 30s. BMW steady. Oats
and oatmeal slow, and s bun dearer.

MINCING-LANE.—(THIS DAY.)
SUGAR —The market has opened vrey steadily far all
brawn qualities at full prior. Brows lirweWaus sold at
30s. 6d. to 325.; good olaysd Meals, 34e. 36.1 other de-
scriptioes quiet at unaltered prices. Refloed--ann prices
are paid, bat °sly a moderate bovines@ is doing.
Corry—About 200 casks of plaststiou Oeyles sold by
private contnict at last week's currency.
TCA.—A moderate busisses is dabs by Ovate contract
at steady prices 'The public salmi cif 16,000 passes were
commenced this morning, and are progressing without oia.
WWI change from private oonieset rates.
Ruts—There are buyers, but no furthee ssilere. of
Demerara at previous prem. 40 puncheons of Pima( sold
at id. per gallon advance.
Rice continues dull of sale.
Beau.s.c.—There is as active inquiry for this article at
higher prices. Orange D.C., sold at 113 e. ; buttes fair,
82s. 6d. to 90s, ; dark, 675. 6d.
Set.vreras.-600 legs of rebestios 9 soid at 245. 3d.
cull ; sad 800 bags partly out of twenties, at 21s. short
' prompt for refraction Bto 7.
007 TON.—There he a fair Assay demand at full prises.
Jur: °outlaws is active request at rising prices.
Hr.—St. Petersburg dean remains quoted at 331., but
) thus is very little business dolts.

TALLOW MARKET.—(THIS DAY.)
The sarkot is quiet. Town tallow is quoted es., nal
cosh ; Petersburg Y.C., as the spot, 49e. ; all tie mouth.
aris. 93. to 49e. ; October to Deosastor, 1866, 50•.; Jugsarg
to March, 495. 3d. ; March, 50s. to 50e. 3d.

SMITHFIELD HAY MAILKET.—(THIS DAY.)
Mr. Charles Jamas Easton reports trod' slow at WS
day's priors. Prima meadow hay, 955. to 1055.; WNW
ditto, 80s. to 905.; prime clover, 190.. to 1305.; inferior
ditto, 105 s. to 115 s. ; straw, 305. to 40s.