The Express.
London, England, 1865-03-06 00:00:00

eeetmerce has bees so prolooged and iloatinuate se to Mew
little room for further apprelsomioe cm that point. Every
sus feels that if the lowest qeststiose have sot yet Nee
emielsed they cannot be far off. and that, Ocamlumat
there is se mosaics now to fetes mks enter the dread
the possibility of some middle and mare seven Akan%
which might test their powers of endurance y heywo.
anything vet experieueed. It net, frees in-
flation or tinsoundocei is say smarter that mischief is now
to be apprehended. Traders enticing into inieseelinee
suited to the legitimate daily deemed me heeselertis appn-
reetly pretty sere to carry on m safe and seelerately he:reties
bollioolll. To each persons even the passibility of the sets in
discount being again forced op during the year by the loan
sod share treneeetioos of the Stock Exelssegeis not et mesa
importance. Bat qaMt as everything esesse, there has, per-
' baps, never been • time • hen it was mere sootoom to avast
entering into racy extensive or meeertaie commilasseta, as
I tame an be little doubt that, for many meths be eemeore
! shall be liable to a repetition of the eirpiezithe mused by
the meat pesos argotic:me in Ammess.and although the
may sot soap sieurne the WIG shaps, they may beet a
nature even mare sudden and cloaked for. Ne examine
of reason ass enable soy perms to keens the directice they
I may take, for the entire straggle hos been is opposites. to
every ratiooal principle ; and 'merinos hoe for many yeses
I shown that the safest plan of ealeolatisig delusion cow
tiageocies is not to meson ups the 4:03Wel
that any prudent nation ordlaarily be eipsded
to adopt under certain gives seedstirma, hat to ei the
directly opposite comae. The war he resebed a saws is
which some greet developments mast speedily arrive, sad
I there is not a,beanch of enterprise, whether it be committed
with finance. shipping, the cultivation of oolosial prods"
the demand for meaufactures sad metals,,,tbe regaireseents
of the army sad navy, the supply of labour, or the course
I of emigration, but mac be liable to complete revointioa at
say moment.
With reference to the duty on currants, the cir-
cular of Messrs. S. Witheeby and Son, dated tie
2nd inst., has the following :
The trade are apathetic about the duty qnsetion, which f.
generally agitated more or less at this time elooth"ixgrier : the
ing feel porrally seems to be is Wear of sot ea tire
Mammal°, sajaltemtion. Coreemptama hardly be
stimulated by lower prices thee those now exiling,
eves if the duty should be reduced, it might be •
beosit to the powers and not to the ceseassors, ea was
stewed at the period of the last redwielce.
•• EIATORDLY VIUMI4I.*
• •

Console, which closed yesterday at 89 to 1, loth
for money and next Thursday's settlement, opened
and closed to-day at 881 to 89. For the 6th of
April the last price was 89e to /. The official business
report is as follows :—Three per Cent. Com-
sole, for money, 88/, 89 ; ditto for so-
.count, 881; Three per Cents. Reduced, 87.1;
New Three per Cents., 871, ; Red Sea Tele-
graph, 19f ; India Five per Cent. Stock, 100,
103 f, 104 ; ditto Four per Cent., 97f.
• Indian Government securities remain without
variation of importance. Exchequer Bills were
slightly flatter, at 3s. to 7s. prem.
To-day's advice& fully confirming the blow which
has been struck against the Confederates at Charier
ston, the Confederate Loan has experienced a fresh
fall of 2 per cent. There was also a reduction of
about in Mexican, and lin Greek, but, with these
exceptions, foreign stooks were well supported.
Turkish Six per Ceuta. of 1864 and 1863 improved
1 per cent. ; Italian Stock and Spanish Certificate%
; and Spanish Passive and Italian Scrip, f.
Bank shares were dull, and in some cases prices
wercfrather lower. A slight reduction was quotistin
Anglo-Italian Bank, European, London Chartered
Bank of Australia, Bank of Hindustan, and Lon-
don Bank of Mexico and South America. Alliance
Bank shares were last quoted to 9 prem., being
nearly the same as yesterday. Mercantile and Ex-
change Bank shares have slightly improved.
Hudson's Bay stares were last quoted lb/ tel;
Egyptian Trading, to f prem. ,• National Dis-
count, 91 to f prem. ; Joint Stock Discount,
11 to I/ die ; Ottoman Socia4 Gehdrale, 2t
to 21 prem. ; and City' of Milan Improve-
ments, 41 to f pram. Commercial Union Insur-
ance shares have slightly improved. Tele-
graph Construction continue to advance. Ocean
Marine Insurance and Mediterranean Extension
Telegraph, however, ruled rather lower. London
and St. Katharine Dock stock advanced 1 per cent.
The shares of the financial companies were steady.
The closing quotations are annexed, via. :—lnter-
national Financial, 1# to # prem. • General Credit,
2to 2/ prem. ; London Financial, 61 to prem. ;
Imperial Mercantile Credit, If to 2 prem. ; and
Credit Fonder and Mobilise (old shares), 3f to 4
prem. •
The closing (but in some times nominal) quota-
tions for therm in new undertakings are subjoined:
—General Irrigation of France, to prem. ;
Varna Railway, lf to 1/ prem. • Rio de Janeiro
Gaa, fto prem. ; China Steam and Labuaa
Coal, If to 1 die. ; West London Warehouses
and Wharves, f to 11 prem. • Dagenham Docks,
to 1 prem. ; Rft- ent's.park 'Estate, fto 1 prem.;
and Sea and River Marine, 1 to 2 prem.
The shares of the Metropolitan District Rail-
ways were again in demand to-day, and have risen
to 41 to 5 prem., owing to purchases to oover pre-
vious speculative sales.
The letters of allotment of the Rio de Janeiro
Gas Company were distributed to-day.
Yesterdays rise in United States 6.20 Bonds
was well supported, the closing quotation being 531
to f. Atlantic and Great Western Railway scrip
left off at 3f to 4 prem.
Canada Government Five per Cents., and New
South Wales Five per Cents. of the latest issue,
were quoted rather lower.