The Express.
London, England, 1856-10-28 00:00:00

LOCAL SEARS Ammon.

Dower. Oar. 17.-11wi air* lambs. WY, lira lam Wet
bat ail:V=l6'4nd. 710 Ildhatdm spa aalamastisas:—Chtabar
sod Halybas4. Ile. IL 1-Immailaa atalraeltastra. NI a—
kimbo am Korth Wawa; SIN absaeld. amtllka.
salamidae, 13/ 11idisad. 771 i—lienary amid nastat, if—
Nara darn fat IWatra if.
Brirusaux. Onr. 17.—lbsre ins •ad ataetat am sad very
NOW balms &e.. Ilasaborat sal lialladas *Mg at t li;
W ands at In, 174 —North Iltdards at Si—ad Siragabko
at O.

LLTE3T SPORTING INTELLIGENCE.

Orr Amman! mageauz.)
KMUMEET BOIMHRW MEErINa

THIS DAY.

Malmo'
%armee
Flysway

.. 1
.. 2

.. 3

34 ni. Won may.
£6O PLATE.

Companion .. .. .. .. 1
.. 2
16 ran. Won by a hied.

LATENT BETTING.
3 to 1 opt Venous, (t. freely)
10 to 1 Bas ono (of)
12 t• 1 Nitta (t)
16 to 1 Pretty Boy 0)

The address to the late Bishop of London hag 110-
solved 667 diastole., Secluding those of the two archdea-
cons of the Messes, ell the rent dew, 689 irousabeats of
perishes or districts, lammed settles, or shaplaine, 'ad 43
&rows, who, beteg sow resident, or having rustily
bola bossed, is the diocese, were distress to repress their
cordial wannesso la these sentisseats of affectiaaate regret
which the bishop's resigasnoa of his see hes salted kith.
Malloll OF atnettasp —The Ostnhead estate,
meetly parsessed by the Bielesisideal Commissicsersjyas
yesterday impeded by the gal of Cliebuter, the First
Mush Mega Commissioner. We node/used that Lord
Oblelhada le melds, a Isegthesed impieties of the tow
mhslieggs• seines., Is eseerstesee with the suggestion of the
less eimmitese of the Besse of Cestmose.—Geteadiel
Oiraver. _ _

JIIADRQUACY OF FORBIS MACKINER'S ACT.—
The "rareediegs. at the polies opera ue almost dal.' giving
as push of the midmost" of Forbes atkeasio's bill to
✓appers drunkest's". On Med aside', In Mathes iftets
Mosta perste' vane amerced at the Central. oMeo to the
amoaat of 621 16e., beam of abirg spirits without •
lkiesse. The chats/ter', 'sale sad angle, who painted
theassielves as tarragon of the law, wen apparently reput-
able as well as the reverse ' • and an mush% feature in sue
of the cues was • request by as old biasses who bad
bw previonly fined to he allowed • few days to gather
the ram of 161., in wash ha was fund liana. La • setter
of same the mesas by vbfeh the memos of the Ilse war
lo be Mini were the profits of the illicit bet profitable
teals. We have • full "paederast of the Iffistives
by valsh the supporters of Forbes Meelurasie's bill
are "Mated, hat it is hapsesible for say peen
who attends the polies warts to fail to seem
that &mahatma, seder the tips/atlas of the set, to my abs
least of it, has sot thawed ; and ao one will be bold
ersongb to okay that it is only slam the passing of the ass
referred to that mu of Mien mile Lave multiplied. It le
Me Me, that whilst the polies are vigilant, sad portly
se, in their &teed= of this spease of grime, them ere seep
mu haneamn In *bleb • determination le leaks • ease
sahib an enesnat of mese mewls. Odds. au MINN of
utter , mot be priory either for tie pitanallill IR the
defame. Me to telly • 'mutable stab mermen,
sad
paispp aside the bed miswrite the be Weep* tor
• 'equity late the sin of the *pendia of
the sal. Wotan, ae desire to Allah laillldes Ae draakto-
' wet _an Ma osatrery, we ere mike, that poem lamas
Amid be sapid to asperses it, bat we ate rely sash
AIM that RON las purls( of Mr. Mackessie's eat mere
Wee to tlts nosh of Me immensity hem boss effeaSed
tam IMO! imam the est of Hese Drenimead.—Oierpsies
08/411.

Osiirat PALM. —Oxs Bausnie DAYr
Marsax, 001.. ff.— Adildisluts at pr 700.1. 1.477
Mb 07 sums *km. W. Taal *IN% VP"

MONEY IIARIBT.-THIS DAY.

Two o'CLocaL

The fonds experienced a further decline of 1 per
cent. this morning, bat a rally has Moos taken place,
and prises are now quoted per mat. higher than
they closed yesterday. Console, after needing to 92
to / foe the Bth Nov., have advanced to 921 to 1.
For mosey the present price is 921. The
Three per Cent. Reduced hays been dealt in at 901
to 911; the New Three par Cents. at 911 to 911;
Bank Stock at 211 to 2131; Exchequer Bills at 2s.
to 6s. prem.; Exchequer Bonds at 981 to 1; and
India Bolds at 2s. prem.
Turkish Biz pee Cents. are rattier better, at 891
to div. Spanish Bonds show flatness. Other
foreign stocks exhibit a fair amount of
business, but; little change in price. The sales in-
cited* Dutch Four per Cent. Certifs., at 96 to 961;
Granada Active Bonds, at 221; ditto Defined,
el Peravias Throe per Cents., 64; ditto Four-and-
s-Half per Cent. Dollar Bonds, 69; Portages's Three
per Cents., 1863, 44. Spanish New Deferred Three
per Cents. foe 31st init., 231 to 231; the Commit-
tee's Certificates at 61 per cent. Turkish Guns-
teed Boar per Cents., 991. Venezuela Active Bonds
$3; ditto, Deferred One-end-a-Half per Cents., 1311
French Three per Cent. Rents, 87fr. , ditto, Four
ands-Half per Cents., 906.600. (exchange in each
ease, 26fr. 30e.).

About 40,0001. in gold is understood to have been
withdraws from the Bank yesterday for exportation.
As the Africa, however, %has arrived at Liverpoal
from New York with 168,9001. in 'Fmk on height,
this remittance may sunk* to caddy the continents'
demand for the next few days. It is thought that a
oblige in the wind. which at peasant is etsterly,
would bring in the James Baines, from Australia,
with about half a million in gold. This vessel must
now have been 82 days at sea.
The steamer Candace has taken out about 160,0001.
in specie to the West Coast of Africa. This large
sum is understood to bare been shipped by govern-
ment.

Fee some time put attention has been prominently
directed to thearceesive fluctuations in the price of
Turkish Elixpr Cut. stack. Considering the limited
extent of the market for this steak, it would b 3 diffi-
cult to point out any other r. purity in which specu-
lative of redoes, chiefly directed towards lower
prices, have t:en so freely per:touted. Oa the 29th
of Eleptember last the pros stead at 1034 cum div.,
whilst it is now quoted at only about 69 ex dlv. To
a cortaia extent this reessekable depreciation may be
legitimately accouated for by the the in the value of
money, bet there is no doubt that It has t nu greatly
aggravated by the sustained efforts of spa-
canton, amongst the int 1 prominent o' whom are
certain members of the Gael party. The public
will not have forgotten the opposition and misrepre•
mutation by which the first attempts of Turkey to
raise a loan in the Western money market were
encountered; nor will they have failed to notice the
seal with which the Greeks have uniformly 'abound
to counteract the efforts of the Ottoman government
to free itself from political and financial thraldom.
The same policy of hostility is in operation now at
CoNsteadseple, when the project for the establish-
ment st allatisaal Bank, to be conducted open sound
=Fpaingiples, meets with every form of inte•
ela ppsithe, bath apes and covert. Many per.
sole saw* that the competition for the Beek
eowesesion, which is hereafter to include the
Wang of a government loan is intimately
connected with the resent extra: ordinary fall in
the price of the Biz per Oeat. stook in London. It is
Nelda that the depreciation has been greatly pro-
wled by a variety of industriously circulated
wows. The chief of them damaging reports is to**
fiat that the sum requisite for the dividend just
pahl on the Bix per Cent. stock was only raised with
Mealty by means of a loan from an eminent firm;
sad hem fits assumed tact the iskrence was drawn
thee mak wiestry sweenstle the future dividends
on the Ng per Chat. Bonds. Per the protection of the
lossibsiirre it is essential that these misrepresent&
Woe Wald got be allowed to pens uneontra-
dialed. We have the highest authority foe
that the money disbursed am dividend
uotolille stock this month, as on former as
mama, was not raised by wane of a loan, but was
derived, is due course, rrom the revenue specially
hypothecated for the purpose, i.e., from the Egyptian
tribute. To re-sseure the bondholders as regards
their future proep e, we have also satisfaction in
explaining that the arrangements now in operation
provide for that essential point, the remittance of the
Baptism tribute direct to Logos, instead of to Con-
etantinople. These funds now come direct from
to the Bank of England. The bondholder
also fled an additional parents, in the assurance
that the Egyptian tribute, instead of being remitted
to this country every six mouths, is now received in
monthly institimenta, which are at once deposited in
the Bank. This arrangement affords security that the
bondholders' interests will not be compromised
through any brief delay that might possibly occur in
the despatch of the dividend remittances; for the
needful representations would of course be at once
made to the Egyptian government should any
monthly instalment fail to cores to hand. The only
difficulty within the bounds of probability appear.
to be, that the last monthly remittance of the half-
year may perhaps be temporarily delayed, as a con-
sequence of the unbesiever-like habits prevailing in
the Bast. In such event, however, the London agents
of the Ottoman government are charged to make the
andful arrangements. As the payment of the
tribute by the Puha of Egypt is based upon a
treaty to which all the great powers of En-
rope are parties, and as the occurrence of any
difficulty in the payment of interest would at once
give the bondholders a right to the active interven-
tion of the English and French governmeats, both of
which specially endorsed this financial transaction on
its first announcement, the arrangements above indi-
cated appear to afford as great a measure of security
to the stockholders as can be attained. Moreover,
even supposing such an event ea the failure of the
Egyptian tribute, the interest and sinking fund of the
loan constitute a first mortgage upon all the general
customs end other revenues of the Porte, as specified
distinctly in the original contract. The claims
of the bondholders being thus incontrovertible,
and specially provided for, and the boldest dense.
tors of Turkish credit having refrained from accusing
the government of want of financial integrity, the
public have the means of judging for themselves as to
the value that ought to be attached to the speculative
manoeuvres and misrepresentations by which this
property has of late been so seriously prejudiced.
It should also be pointed out that the existing Six
per Cent. stook molt always stand upon a distinct
basis from any future loans contracted by Turkey. As
'evolving au exclusive right to the Egyptian tribute,
of which right no power ean deprive the bondholders,
unless by their own express consent, this loan moat,
under all circumstances, occupy a distinct place as a
foreign security. The future independence of the
Ottoman empire is unquestionably consolidated by the
result of the late war; and to this foot must
be attributed much of the eagerness lately shown
by Western capitslists to embark in undertakings of
permanent utility in that quarter. We are induced
to make then remarks simply because it is not right
that a clique of jobbers, nworiotuly opposed to
Turkish credit, should be permitted to occasion, by
means of misrepresentation, such excessive and in-
cessant fluctuations in the market value of this pro-
petty, to the serious prejudice of the lona fide
holder.
The corn market yesterday wee quiet. Good sualitit s
of wheat realised last weeks priors, bet inferior eons
were quoted is. to 2s. lower. The arrivals of foreign
grain in London are liberal. Scarcely any fresh
arrivals of floating cargoes have taken place off the
coast since last Friday, and nearly the whole of the
cargoes on We have been disposed of.
Towerow will be " making-up day "in the share
market.

Thursday next, the 30th inst., ham been appointed
spools' settling day in the Stock Exchange for the
abases in the Feast Extension Capital of the Madre
lisilwaT Company, with leave to be officially
, Narked.

Th. committee of the Stock Exchange bays
unaniasously passed the following resolution, upon

the oontirmation of wkieh the ahem of the
Palace Company will be struck oat of the
lists:

"That In coosequence of the extraordinary modest
pursued by the directors of the Crystal Palace Com-
pany in denying the validity of transfers of shares
which had been registered at the aloe of the ooai-
PraT. the committee will not recognise any further
dealings in the shares, and direct that the name of
the company be struck out of the official lists."
This resolution stands for confirmation on Monday
next. The object of it is to compel the company to
recognise the validity of transfers which have already
been registered at the office. The difficulty arises of
course oat of the frauds recently perpetrated in the
transfer department. Many persons entertain a belief
that the calling in of the whole of the present shares
and their consolidation into stock would form the
beet means for extricating the company from their
present difficulty and discredit. For our own part,
we re no reason why railway and other companies
should not institute the very :dimple and effected
arrangement of oconsuairiating by letter with the
party represented as the vendor of stook. Had sack
a practice been in force in the Crystal Palace Coss-
palsy's office, the frauds lately exposed could not have
been committed.
Meson. Baring Brothers and Co. advertise the
half-yearly dividends on Quebec City Sterling Six
per Cent. Bonds, and Louisiana State Bonds, issued
in favour of the second municipality of New Orleans.
A special general meeting of the Brighton, Hove,
and Preston Constant Service Waterworks Company
is called for the 11th of November, at Brighton, to
consider a proposal for making applioation to par-
liament for various powers.
Tenders are invited for the supply of &considerable
quantity of railway materials for the line from Mel-
bourne to Williamstown (Victoria).
The report of yesterday's indigo make is subjoined:
Prices eoutiaue the same, sad with equal firma,; ordi-
nary Bonsai rules 4d to 6d.. and good and fine 6d. to
per lb. advance. A farther quantity of Madras and Impale
passed to-day, and sold with fair spirit, good and fine mikes
at par to 24., and the middling and erdiany 31. to 4d. per
lb. educes. Hurpahe sold at 4d. to 6d. per lb. above July
rates. 1,683 chests mead to-day, of which 679 were with-
drawn, 285 bought in, end 719 sold. Total peeled 12,406
chests, of which 6,768 chests have bees sold.

MONDAT ETNNINCI.

The fends opened quietly this morning, but subs,-
quently sales were premed, and the market gave way.
Prices closed at the lowest point of the day, and
per cent. worse than on Saturday. This depression
seems chiefly attributable to the continued tightness
of the money market, coupled with the uneasiness
excited by the knowledge that the efflux of gold from
the Bank is not yet altogether stopped. The invest-
ments of the public continue, bat apparently upon a
more moderate scale than daring last week.
In the discount market to-day tightness prevailed,
and stringent rates were exacted. The dividend
money appears to have been already absorbed. The
value of money in the Stock Exchange was 6 to 61
per ant. for loans on Consols up to the 6th Nov.

- Consols, which closed on Saturday at 921 to for
the 6th Novembor, opened this morning at 921 to 3,
advanced to 921 to /, but soon began to droop, and
were last quoted 92/ to 1. For money the closing
price was also 921 to 1. The official businets report se
u follows :—Three per Cent. Consols, for money,
921, 1, 1 ; ditto, far account. 6th Nov., 921, 921,
921, 921. Three per Ont. Reduced, 911, 911. New
Three per Cents., 92, 92/, 911. Bank Stock, 213.
Thru-and-a-Half per Cent Exchequer Bonds, falling
payable in 1868 and 1869, 981.
Exchequer Bills were quiet, at 2s. to 68. prem.;
and Exchequer Bonds at 981 to /.
The chief feature in the foreign stock market cow
sista of the speculative transactions in Turkish Six
per Cent. Buda. The price was marked from 891
to 88/ ex div., and the closing quotation was 89 to 1,
being about 1 per ant. below that of Saturday. The
Guaranteed Four per Cents. left off the same as as
Saturday, at 991 to 3. Spanish Bonds were more
offered, and other foreign securities quiet.
Ottoman Bank shares &coed to-day at 33 to 31 dia.;
Bank of Egypt, at 31 to 31 die.; National Disoonnt
at 1 to 1 prem.; London Discount, at 1 dia. to per ;
and General Bank of Switzerland, at 13 to 11 din.
The old bank stocks remain steady. Crystal Palau
shares were stationary in price. Electric Telegraph
stack showed some tendency towards improvement.
Canada Government Six per Cents. advanced 1 per
cent.

Th. nominal closing quotations for the newly pro•
fated railways are subjoined, via.: Eastern Bengal
Railway, Me to 6-18 prom.; Ceylon Railway, 1 to lk
prem.; Calcutta and Booth Eastern Railway, par
to 1.113 prem.; Riga and Danaburg Railway, lk
to if prem.; New Brunswick and Canada Railway
and Land A shares, par to I prem. ; ditto, B shares.
1 to oi dia.; Metropolitan Railway Guaranteed
shares, j to I dia. ; Copiapo Railway, k dis. to
I pm. ; Italian Junction Railways, 2 to lk dia.;
Euphrates Valley Railway, k to k prem.
The nominal quotations for acme other new pro-
acts are as follow :—European and Indian Junction
elegraph Company, dia. to par ; Bernard's Patent
Machine Boot sad Shoe Company, 3 die. to par;
Wart Ham Distillery Company, I dis, to par.