The Express.
London, England, 1866-11-09 00:00:00

MONEY MARKET.—(THIS DAY.)I The following, on the silk market, is from the
The stock markets are firmer to-day, owing partly ga buoyantlymonthly circular of Messrs. Durant and Co., dated
Ows o'Crasew. I yegterdsy
• quiet market in silk. All wee going well
to the favourable character of the Bank return. , flounced a fall of 10 per cent. in China. This has never
till the 15th ultimo, when telw•ms
The funds funds are inquired for, and have advanced : trinotitialrecaseefin,;;;t,an and tam tir 18: notion talgTa:bi'ar the tacit:
per cent. An improvement is also observable in export from China will not reach 28,000 bales. The prices
several of the British railway securities, the advisedi istlewoull indicateiin fan w
been onfinctenc. in t
never
hese
moat important upward movement being ; been resumed, and the gbusiness doing is upon a Ter,
Metropolitan. Foreign stocks have scarcely varied, moderate scale, although Tostlee Chins may be bought as
but exhibit a rather satisfactory tendency. Bank- of to Is.
inucn.udingder the44ioignaleshest i:f thetnew Japan sAn tirs
ing shares are still neglected, while some of the is just taking place. but at present nothing has been done
financial companies are slightly better. Credit —some of the Japan silk is really fine. Bengal silk has
shared in the general quiet, but without reduction is
Foncier of England show a recovery of ss. prices.
There ie a fair demand for money to-day, and Messrs. Vickers and Harrington, advertisement
atmeusoeff ualliliatthearrnaneed thuehlorneld
the quotation for the best paper' is maintained contractors, of Cowper's-court, Cornhill, and 14,
at 31 per cent. The rate for short advances on Princes-street, Westminster, have just issued a
E large
nglish Government securities is 3 to ajt per cent.
Bri:ain, Ireland, and the newspapers published
Isles. The Lon-
oifnaG t
Consols are now quoted 891 to it, cum div., for
don newspapers are all classified in alphabetical
Lon-
money, and 88k to I, ex div. for the account
(6th December).
stocks is ;views, year of establishment, and price. Under
order, showing the dates of publication, political
The amount of business in foreign
the headings
alphabetically several counaretiesti,) which are
moderate, and prices generally are quoted the be
same as yesterday. The only change in the specn-
their political tendencies year of creation, day of
the names of the ty-arioas papers published in each,
lative descriptions is a rise of h per cent. in Turkish
of 1865. Turkish Bonds of 1862 are quoted Mee publication, and price. The population of each
to 57} ; ditto, 1865, 311 to ji ; Greek, 131 to 141 i; county, according to the latest returns, is affixed.
Spanish Passive, 21 to ; ditto Certificates, 131 Ito each.
to 14 ; Italian of 1861, 54 to ; Mexican, IR to 0. The return of the Bank of England for the week
I
feonrdg
the
NreVes6l-ionWs'saway,klColvo. 7'thec'emfoparedllowingwrihathugtheir:
United States 5-20 Bonds are per cent.
better, at 682 to 69, but Erie and Illinois Central . nlatilOn issue " 5 C 10,937,245 Increase £174,360
railway shares are unchanged, at 301 to 31} and 7G Circulation active 23.551,330 Decrease 249,125
to 77} respectively. Public deposits 4,375,714 lacrosse 454,561
Other deposits
Anglo-American Telegraph and Atlantic Tele- Government securities in
graph 8 per cent. preference shares are without banking department 12,239,812 Increase 105,933
variation. The former are quoted 14 3-16 to 5-16, Other secren'tties iu banking
13,330,391
Decrease
748,467
and the latter, 41 to I. Coin and bullion in both
International Financial shares are quoted 1;
Seven day departments
bills 16,891162 Innen:ass 16112
to 1 die. ; London Financial, 17 to 16 dia. ; The Rest an
3,2.54,312 Increase 12,901
General Credit, 24 to 21 dis. ; Credit Foncier, Notes in reserve
WI to 5,1 dis. ; National Discount, 91 to 10 prem. ; Toitcalbraele zec
8,330,976 I 417 135
ncrease ,
and Hudson's Bay, 16,; to ;. It is probably the rapid decline in the Bank's dis-
At the Mansion-house this afternoon Mr. James count business, shown by the further decrease of
Freeling Wilkinson, the late managing director of 748,4671. in tit,: advances on " other securities,"
the Joint Stock Discount Company, was charged that has chiefly prompted the reduction in the rate
with embezzlement, and was remanded till Wed- onflodrisecomenhnttltuoi
wider
perr th
is futtee to-n
creay.,,e
.fr
417,1351.
o the
nesday next, bail being taken to the amount of in the reserve is clearly traceable. Tho deposits,
6,000/. for his appearance then. it will be obs..r..ed, have diminished. In face of
Last night's Bank return is of a very favour- this diminution in their banking liabilities, aocom-
able character, and shows that the accounts arc panied by a large increase in the amount of cish
now in so satisfactory a position that the directors in the till, thet directors_ had no c
in thhoeice
coin but
antl.
had no choice but to lower their terms, especiallybullion is
considering the extent to which their discount busi- with the amount la;ewn to have been gained by
ness has departed from them. The change nowmade Bank en tb, import and export transactions of
scarcely brings the Bank rate downto a level withthe the week,
real value of maney in the general market, and is,
therefore, not likely to have any bad effect upon
the foreign exchanges. Whether the value of
money will decline further will be determined by
the course of the exchanges generally and of the
gold current. Many persons are disposed to con-
tend that we have now reached the lowest point,
but the same was said when the Bank rate was at
five per cent.
About 13,0001. in bar gold was bought by the
Bank yesterday.
The biNer market is inactive, with no de-
mand for the East, and very little for the con-
'..;nent. The quotation for bars is ss. 0;(1. to
ss. 111. per wince, and for Mexican dollars,
4s. 11 gd., showing no change in either case.
The Arago, from New York, has brought 11,000/.
in specie.
The steamer Douro will take to-day 76,0001.
in gold and 8,0001. in silver for Brazil.
The weekly return of the Bank of France shows
the following changes :
Coin and bullion
discounted
Government deposits Decrea
Decrease 4140,000
Private deposits
Advances
The diminution in the coin and bullion continues,
but upon a much smaller scale than that shown in
recent returns. There is a moderate increase in
the discounts.
Messrs. James P.ussell and Sens, of the Crown
Tube Works, Weillieshiiry, bare stopped payment.
Their liabilities are stated at about 414,14101., against
assets reaching nearly 50,000/. The failure is un-
derstood to have arisen from a lock-up of capital
in the shares of joint-stock companies' now un-
saleable. Mr. Russell was a director of the New
Zealand Banking Corporation, which suspended
during the recent panic.
It was mentioned the other day that the 4th
dividend of 2s. lid. in the pound. making 165.,
will be payable on the 12th and 13th inst. to the
creditors of the Portsmouth, Portaea, Gosport,
and South Hants Banking Company. The wind-
ing up of this undertaking has proceeded with
what must be considered, under the circumstances,
a satisfactory degree of expedition. The com-
pulsory winding-up order was granted by the
Court of Chancery on the 21st April, 1865. Six-
teen shillings in the pound, as above stated, have
already been paid, or announced, and it is ex-
pected that within a reasonable time this will be
made up to the full 20s. The teficial liquidator is
Mr. John Ball, and the solicitors Messrs. Tilleard,
Godden, and Co.
In the matter of reverend, Gurney, and Co., it
transpired yesterday that the case on behalf of the
Defence Association. who are endeavouring to
remove the names of certain shareholders from the
list of contributories, has been again postponed,
and is not likely to be brought on for hearing until
the 15th inst.
A deputation on the subject of the Atlantic and
Pacific Junction Railway across Nicaragua was re-
ceived by Lord Stanley, at the Foreign-office, yes-
terday afternoon. The project was explained to Lord
Stanley in its various bearings by Captain Pirn,
Captain -Maury, and Mr. Pollock. His lordship
stated in reply that he considered the matter one
of great importance, and that ho regarded it very
favourably, at the same time promising to give the
documents laid before him his careful attention,
and to communicate fully with Captain Pim on the
subject without delay.
A telegram jest received by the Varna Railway
Company announces that the line has been ac-
cepted by the government, and was opened on Wed-
neadity to the public.
The Lancashire and Yorkshire Railway traffic re-
turn shows this week an increase of 4,1141. over
last year ; the North Eastern, an increase of 4,4661.;
the *Manchester, Sheffield, and Lincolnshire, an
increase of 1,106/. ; the North British, an increase
of 2,2781. ; the London, Chatham, and Dover, in-
cluding the Metropolitan Extension and branches,
an increase of 1,486/. ; the Metropolitan Exten-
sion, an increase of 731. ; the Kent Coast, an in-
crease of 901. ; and the Great Eastern, an increase

• .AlamiDos Limited)
I Anglo-Braz.GoldXim )
20 Australian
6 .Brazilk&ll.Co.
le :Cape Copper . Limited)
2 Capula Silver ;Limited)•
6 ChontalesCi..2B.llin.,L
60 Cobre Copper
20 'Copiapo (Limited)
1 Don Pedro, N. Del Be
S Fast Del Be) (Limited)
2 'Fortuna (Limited) •
2 Frontino&BoliviaGold
20. laeneral I

kapnede Limited)
,Linares (Limited)
.Lusitanian ;Limited)
Mariquita
Panaleillo Copper (L '
PontgliondSilverLeadi
"` "

6 Port Phillip
II 1 'Santa Barb. Gold M. (L )
120,00 d 1 Scottish Anstral.;Lim )
11,00004 q 20 St. John del Rey f, Lim `.l
43,17 30 United Mexican ;Ural'
30, 2 (Val Autigoria Gold
60,000 I IVaLlanzaacaGold; Lim )
10,000 10 (Vancouver Coal (Lim )
6,000 10 ,Val Swam 'Limited'
20,000 6 iWashne Gold (Limited)
20,000 1 Worthing • Limttedi
75,000 1 , Yorke Peninsula (Lim )
46,000 i $ 'Yudanamutans (Lim )

DEBENTURE

at.FAtn 4 p.c. Itar.hgcp..loo
G.Ntbn.4 p. c. Jan.& julylloo
G. Wain.—W.
_

:100
Lain kYk.4p.e.Jan.t.Jl), 100
Lion.Brigh.4p.e.JanAJly 100
L&?i.W July 100
Do. Sip.e. Jan July 100
L./.4.W.5p e. Jan.& July 100
I M ulland,sp.c.Jan.l July 100
N. British, E.
5 p. et., Feb. k Aug... 100
N.}:dtru.,4p.c.J an./J uly 100
Beot..N.E.,4p.e.Ap.diOct. 100

LANK OF al
An Account pursuant t the Act
week eudatr; on Wednesday,
......

ENGLAND.
7th and eth Vie , e. 32., tor the
, the 7th day of Nov , 1960.
lONIIT.
tioverument debt 011,015,100
)ther securities 3,084,9011
o.ld coin and bul-
lion ictmsis
Silver bullion

:ELLANEOU:

IS,CE arY
Notes issued

No. ISh I COMPAMIS.

60,000 10 lAnglo•AmericanTel.(L), all
20,0001 10 ',Anglo-Mexican Mint all
4600,000' St. Atlantic Telegraph 'loo
;000,0001 St. I Do. 8 per cent. .lOO
20,0001 26 ;Australian Agneul 2O
40,0001 25 ;Australian M.L.&Fn.(L.
10,000 10 BaugparahreaEstateaL
47,000) 10 'Berlin Waterworks (L 4 I
13,000 10 I Do. New 1
25,000'100 'Boickow Vaughan (L 1
30,000 6 .Bombay Gas (Limited,
10,000 6 Do New
6,000 60 British American Lind 44
534,780 St. B. & I. Mag. Tel. IL)., 10"
60.000 20 Iltritieh Shipowners
3,015 32e'Catiada Company
60,000 10 ,CanadiauLoan& Inv(L I•
25,000 20 (Ceylon Company
12,000 20 I Ditto A shares
27,000 20 ChinaSt.Ship&L.CoalLi
30,000 10 'City Discount, Limited.)
28,000 25 'CityofLondonft.Pro.4l ),
16,011. 30 IClty of 51ilan Impro.ELl 1
4,059 30 Do. • a
65,000 25 City of Moscow Gm (1 )'
20,000 LO City Offices (Lim.) p 11
30,000 50 Colonial ,Limited)
00,000 60 'Commercial Cnion'lns.)!
40,000 10 Com. of AfricauMer.4,l.). I
20,000' 60 C. 01.11,161.6.1 Di.. !L : 11
17,500. 20 Continental l'u Gas • L '•li
20,000 100 Cootracteorporato.o. L.. 1)
12,000 25 Cop M. Eng.,Pref.7l p.c., al
200,0001 10 C. Fonc. of England L.• ; 1
10,000 I 60 I llo.of Nisuritius
101292511 St. Crystal Palace llOl
6160,820' St. , bo. Preference llO
6277,000 St. , Do. 6p. ct. Perp. Deb. 101
7,500! 20 .Darjeeling(Limited) . 14
10,0001100 DiscountCorporation4C 21
19,0001 10 Eastern Assam Tea ;L. I
20,000 60 2.ln4liaLand,C.& FinlL', 11
' 60,000 20 E. India Irrig. & Canal Ii
80,000 50 Ebbw Vale
113,013. 20 EgyptianCoin.&Thl.4,4)
4679,970 St. ,Electric Telegraph IIO
70,0001 3 Eug.&Aus.Copper (Lin'
20,000 i 50 Eng. and Foreign Credit
10,00 100 Eng.& Scottishaf ariu.(L
25,000 10 ItairbairnE.igineering., 1
30,000' 00 Fore-tt Warehnune 11
10,000 60 Gellivara 'Limited)
260,000 j 20 o.Credit& Fin. of L0n.41; 1
20,000. 15 Gen. Steam Navigation! 14
20,000 50 liome &Colonial As.ll ',
6,00' 10 liongliong & China Gas
100,000 20 Hudson's Bay
20,0001 50 Ilumber IrotiWnrksfL ';
80,000 20 Im.LandCo. Marseilles LI 11
100,000, 60 Imp.& 11er.C4It.Ass.1,1 •
50,000. 2 !Indian Carrying i
40,000 60 4nternationalContrart •! 1
160,000. 20 Internat. Fitian.Soe.( L. -i
500,000 20 .Internat. Land CrediLL
30,000: 60 Italian Land
50,000 20 Italian Irrig. (Can.Cay.'
1,000000 500 , Do. 6p. c. r. 1079.
20,000 60 Land Securitios'Llin.)
4,000 26 Lond.AfricanTrading. • I
20,000 25 Lon. & Caledon. M , L.'
60,000, 10 Lon.CountyLand &8., L,j
12,000 • 6 Load. DistrictTeleg. L. . •
40,000. 60 I„
148,625' 4 Lend. G. Omnibus C.(L.' all
5,000. 60 LointkOlasg. Enit.Co. (L. 21
10,000 50 Lond.. Italian, &c. Atm.: 11
6,00) . 60 Lund. Her. Discount 11
64,600 20 'Lund. Provincial Marine! '
60,000 20 'll.l.lraslniirs..Klanal 1 11
I a',
10,000 26 Marine Investment (L ),
12,500 20 Mauritius Land, ke. (1.1! 1
12,000 10 Moult. Erten. Tel. (L
10,000 50 ,5144 reliant Shipping 441, 11
25,000. 20 !Millwall F.Ld.titDock:L)- 11
40,000 60 • Millwall Iron Works. !
22,600 10 :Natal Land &Col.C.
120,000 25 National Din. COM. (1 11
40,000 25 Do.New,o6.69.2iWherxl
20,000' 26 National Prov. Marine .L
20,000 100 National Steam Nar.(L.,- S.
6,000 20 .NerhuildaCoaldttron:L) 6
6,000 20 • Do. New 4
20,000 25 N. Zealand L.& M. Ag.4l !
20,000. 25 N. Zealand T.& Loan L ' 4
15,000 10 'Northern AssamTea(L )1 "-
26,000 , 10 , Do. B
4187,175 St. -N.Firis.Australasian (L ill
40,000 50 N.Brit.&Mercsui.ln
18,000 10 ,owgnng Tea (Limited):
40,000 25 'Mean panne Inanra.y
10,0001 60 OrientalFinanciaLLba),
80,000 6 prientalGaslLimlted).
50,0001 5 • Do. New....

L10.937,24:i

L 30,937,246

11.011:11W 1,1
Proprietors' Capital £14.:, 41.000
&sit
Puhlir Deposits io•
chiding ,
Say. Banks, COI,
niis. of Nation-LI

IPAR?UI?.
Uot unimetit Secu-
rities ,Including
Dead Weight An-
nuity;
Other Securities
',des .. .. . 7,375,916
and Silver
coin

lbelot. and Dor.
.Icc awls
Other Dviannts • 17,15v,131
S. day and 00.1
lidla

Z39,969,47'1

e.39,:1e0,47,

W. MILLER, Met (Uhler.

Nov. 8, 1986.

EVINING.

Consols, in which this was the monthly settling
day, were unaltered at yesterday's prices, apart
from a temporary improvement of I per cent. ; but
as regards a. me other securities the lowering of the
Bank rate failed to prevent a fresh fall. Chief
depression was observable in the railway market,
owing to the disastrous developments now in
progress. Manchester, Sheffield, and Lincoln-
shire stock fell as much as 2 per cent. ; Midland,
(4-eat Northern " A," and South Eastern, fully 1
per cent. ; and many of the other leading lines
to The general tone in this department at the
close was still heavy. Canadian railway shares are
likewise still declining, and a further general fall
took place in those of the financial companies, as
regards which there is a remarkable want of confi-
dence. Colonial goveniment securities continue
in exceptional demand for investment, and are
rising. A fractional improvement also occurred in
:one of the foreign stocks, Egyptian, in particular,
showing at last a tendency to respond to the im-
proved circumstances of that country.
At Paris to-day the Three per Cent. Rentesopened
at 68.85 for the end of the month, and closed at
69 for money mid 68.'J2 for the account, being
rather more titan 4 per cent. higher than yes-
terday.
Consols, which closed yesterday at BK4 to
, for the 6th December, opened this morning at Mk
Ito /, ex div., and so closed after advancino A. For
money the last price was 891 to with criv., being
the same as yesterday. The official business report
is as follows: Three per Cent. Consols, for
money, 891,, ij,:s; ditto, coraccount,BBl, R, ex div. -
Three per Cents. Reduced, 871, 7, ; New Three
per Cents., 87. .1, 7, Bank Stock, 2451, ;
India Five per Cent. Stock, 1061, 54, ; ditto
Five per Cent. "enlaced" rupee paper, 1011.
The Indian Five per Cent. Stock was steady.
Exchequer Bills remain at par to 4s. prem.
The transactions in foreign stocks were upon a
limited scale, but the tone of the market was
slightly firmer than yesterday. Seine of the
Egyptian stocks, as well as Turkish Bonds of 186'3,
were in request, and advanced 1 per cent. Bra-
zilian of 1465 also improved 7 ; and Turkish of
1865, and creek Bonds and Coupons, kto /. On
the other hand, Spanish New Deferred declined
and Mexican k to I.
Financial shares were pressed for sale, and all
gave way. London Financial were extremely
heavy, and fell 11. 10s. General Credit also de-
clined Ss. 9d. ; Credit Foncier of England, 3s. to
7s. 6d. ; and International Financial, ls. 3d.
Prices were last quoted as follows :—lnternational
Financial, 1 15-11' to 13-16 dis. ; General Credit,
2i to if die. ; London Financial, 17 to 16 dis. ;
and Credit Foncier of England, 51-; to 4 dis.
Anglo-American and Atlantic Telegraph Eight
per Cent. Preference shares were dull, and de-
clined 2s. 6d. and Is. 3d. respectively ; the former
were last quoted 14 3-16 to 5-16, and the latter
41 to 1. Telegraph Construction showed nu move-
-1 ment, at 1 dis. to 1 prem.
Hudson's Bay shares closed at Icg to ; Na-
-1 tonal Discount at 9$ to prem., bein 5
g s. lower ;
1 and General Ottoman, at to 171 prem. Amongst
the miscellaneous shares a-decline of 11. took place
ist Imperial Land of Marseilles, which were quoted
9to 8 dis., with 101. paid. Commercial Union
Insurance, London District Telegraph, and Ner-
budda Coal and Iron, were also ss. lower ; but
Ocean Marine Insurance improved 10s.

10 Orient. Inland Steam( L.
10 Otago & Sthiand Invest.:
20 Ottoman Compt.ny, L) !
50 Ottomantinancual.
6 Ottoman Gas (Limited
60 Overeud,Gurney,Co.tL
10 Panama P. 3.L Steamj.
6 Do. do.
St. Peel WY. Land& Min.( L ' II
00 Peninsular & O.Steam I
60 Do. do. New
10 Quebrada L, R., M. (L) a
60 Rbymney Iron
15 Do. Now a
25 Biol. City Improv. (LI ) a
25 Do. a.
20 Rio Janeiro Gas (Um), a
'lOO Royal Mall Steam I 15
• St. :Scot. Austra. Invest( L ,10
60 'Smith, Rnight,&Co.(L•l
20 Soc.Finan..TEapte ( L
60 S. African SI. &In. (L 1
25 MontbA ustrallan Land al
Submarine Telegraph IIOI
1 Do Scrip a
26t taLConstrne.&sl(ainfL )
a Do. Do ll
10 Thames& Mersey In.(L) I
20 Trinidad Petroleum (L.) I
10 iron& agency of Aus.(L
20 T. &L. Co. of U. Canada I
60 .Un.blarine of Liver. (L)i

of 3,7791.
The directors of the English and Scottish Marine
Insurance Company have made a call of 51. per

share, payable on the 17th of December.
A general meeting of the shareholders of the
Bank of British North America is called for the

51-1 6

4th December.
Subjoined is Messrs. Culverwell, Brooks, and ,
.1---
Co.'s report of yesterday's hide sales :
At the twenty-first series of hide sales for the year, there 1 MINES.-(TELIS DAY.)
was but a moderate demand, prices tending slightly in ' —.—
buyers' favour.
re I and Cow : Calcutta were ! 01elt O'CLOCK..
in (mis moderate reqaest, at late prices to a decline of • • moderately active to-day.
fully d. per lb. The home trade were the chief buyers, The mining market is
there being only a limited demand for ezpork Bombay, West Caradon, South Basset, East Russell, and
~were only part sold. The analysis of the sales is East Lovell shares are in request, while Prince
of Wales show flatness. Great Vor are
117,893 Calcutta new parcels, 43,247 brought forward from
Russell,
1,6,1,0t0
417; 2• South Basset 5 to 7 • East
former sale., and 1,591 Bombay i in all 1112,721 hides, of
which 99,700 were sold. East India- -Buffalo were in good East Lovell, llketro i ;:Prince
request, at an occasional advance of Id. per lb. Leather-- ."31'6'"i* °I 1
FOREIGN RAILWAYS. East Indian sold well ; Australian was in fair demand. of Wales, 20s. to 28s. ; North Tres by, 311 to i ;
Bahia and San Francisco (Lim.) pa. 7 par cent., 12j to Salted bidee—Australian : For the few
;offer full prices West Cardon, 16 to
too {wand
est Chiverton, 59
12, zd. Chiverton Moor, 41 to Chontales 21 to 3.
were obtained Care realised fair prices American
Dutch Rhenish (all paid 2.) 23g. brought about late rates. Dry and Drysalted Rides— The annual meeting of the Pontgill'aud Silver
Ottoman (Smyrna to Aiditel Manridus sold fairly ; Penang were in fair request ; Cape Lead
San Paulo (Limited) guaran 7 per 0ent.,13111. brought full prices. Bark.—Mimosa : For the portion Mining and Smelting Company is called for
South Austrian and Lombardo-Venetian, 16, ad. sold about late prices were realised. the 30th inst. at Paris.

1 Pali

- • ..
ilYntteel K. Teleg. C.0.(4)1
20 Univers. Marinelne.(!....)l

iwis!
I 4

30 , Van Die en's land (I
100 Vlcereyetlaypt(Mor.:L
I 50 'Warrant Finance (Lim.).
60 Westlndiaaracifie (L

9 T ill 2
I 4 41s

PREFERENCE SHARES.
Great Eastern, Eastern Countier Eaten. (No. 1), 8079.
London and North Western, Shrewsbury and Welch.
pool, 82.