The Express.
London, England, 1866-10-09 00:00:00

THE EXPRESS, TUESDAY EVENING, OCTOBER 9, 1866.

—.--(THIEI DAY.)
oNE ovum.
There is not much business in the railway
market to-day, but South Eastern and Metropo-
litan stocks are in request, and have risen 4 and ;2i;
per cent. respectively. Caledonian, howaver, wi
has declined 1 per cent. The other leading lines
are unchanged, but will probably experience ;
several variations during the day, the chief tran-
'actions being still centred in this department of ;
the Stock Exchange.
Metropolitan stock is now quoted 1264 to ;
Great Western, 534 to ; London and North
Western, 1184 to a ; Midland, 1224 to ; Lan- 1
ea/shire and Yorkshire, 124 to ; Caledonian,
122 to 124, ex div. ; South Eastern, 664 to a;
Great Northern, 115 to 116 ; ditto A, 127 to Ll=
; London, Chatham, and Dover, 174 to 18 ; 3,67
Great Eastern, 281 to 29 ; and North British, 41 16
1,00
to 42. sa
Foreign and colonial railway securities have been 1,864
little dealt in, and prices show no movement of
importance. Lombardo-Venetian shares are quoted v
16i to e. 7,'
ORDINARY MAR AND NTOCIEL.
911.1 Pd. I itamwArs I "cobs prior I Bales today
yastaruay. to 1 p.."

SHARE L.

No. I srocca
70,00:00 PirttlatoColot.6p.et.,l372
Can. Gov.. p. 0087744.
.... De. tlpwet,Feb.&Aog.
.... Do. 6perct, Mar &-
4,808 Do. 6 peretJan.hl
16,108 Do. 6 porta los. Sa
/0,000 CaL:otollopeSper.lB73
d 0.1890.1900
.... Do. do. 1
... Do. do. 189041
26,000 Do.69.e.ApatOct.l9oo
06,000 Oeylon.hov. lee 8,6 p.
60,000 Do. 1878. do..
00,000 Do. 1872 d 0...
00,000 Mootttlus 6 per et.,187
1
00,000 Do. 1878
00,000 Do. 682
00,000 Do. 1886
122,600, Natal. Gov. 6 per Mot..
94080 New BrosaGov.6peret
35,800 New South Wiles Gov..
p. cest.,lB7l to 1876
71,800 Do. 6p. aims to 1893
50,000 New Zealand 6 per cent
2:0,000 Do. 5 per cent
50,000 Nova Scotts 6p. 0.,1879
50,900 Queensland Goy. 6p. et
S.Aust.Gov. 6 p. C. ,07-77
4,600 Do. 1878 and upwda.
3,000 VlaGov.6p. e. Jen. July
0,000 Do. Sp. et, April ..toe.l

a.-

923-

EltlToll 11121:

IMAM and fur
Caledonian
Cambrian
lOork and Bandon
.oonroran
Dublin and Belfast., aae
Dundae.Parth.dabaJa
But London Salp Cart

87 81
187 184 id
40 46
13 15
65
4 496
70 71
70 80
115 119 id
MI 29
6 6

:.-. 14

rDtiverion
Clifford Amal.
er. O. Con. (Tavfatt.k )
Drakewalla

East Basset (Mogan)
East Car►dou
East earn Brea
East Grenville
East GunnWake
East Lovell

Do

'Glasgow and & Waalam
Great &stare Ord. Bt.

I—
lOreatNorth of Scotland
'Great Northern
, Do.A
.1A rec. no dlr. na-
-1 Do.B 1 DI p. c. lapeldE
;Do. New I. a* fa pm.
I Do. Ord. DeL Div. Stock
lot. South t West. (ire )
iGreat Western
I Do.3tourVaiOws.BtA

. W. Russell aavistk.)
()rambler & St. Aubyn
Great Laney Limited)
Great South Tolgue
Great Wheal Buoy
G. W. Vor (lielaton)
Grenville
Ifered's Foot

114 116
1244 1271

90 92
2.31 Ut

Kingston Downs
Margaret (Uny Want
Marko Valley
Mwyndy Iron Ore
New Seton
North Roekear

Do. south
Do. W. mid.—ort;ii
_

Laacuhtre eYorhahiro
Lon. ,Brightn, dt S. Wait
Loodon,Chatham,aDoe
Do. 11q. k:rten. p. c.

115 40
93 35
nst 124 k
Et 84
17 18
10 40
118 114
82 84
EA 80
12.5*
124
pa.
14 1
90 98

N. Wh. Basset (Mogan;
North Wheal Crafty
Prosper United
Providence (l. Want]
S. Caradon St. Cleer,
South Cond•iiros.
8. W. Frances lUo an
Stray Put
Tin Croft,

71-tienit North Westn.
LontiondSouthWeetern
, Man. Shel.,&Lincolnah
Metropolitan
Do New
Do. Extension
Metropolitan District
Do. do. do.
Do. *St John's-wood
Midland
Do. £9 Shame
Do. Birm. & Derby
MM Kent
North ihitish
Do. ,Pe!th,Dttnd

Vtgra and Clogau, Llus.
West Basset (Illogan)
W. Caradou I.Askeard
West Chlvertou
West Beton
Wh. Basset (Mogan)
Wh. Buller ,Redruth)
Wary Ann (Steaben )
Wheal Sston .

signl

122 k 122}
1 11 pm
91 98

41 42
18 20
102 104

N. Kuteni—Benrick
Do. O. N. E. Pura.
Do. Loola

Do: Yoq.

100 Do. Carlisle
all Do. Stock &Darling
50 Do. do., 1860-61
1100 North London
9 Do. do., 1864-5
4 Do. do., 1806
I 100 NorthSteordshire
' 100 N. & & Western Jane
1100 Scottish Central
1100 'Scottish N. kl. Aber. 84k
100 !Scottish Midland
100
IShropshire Union
100 South Devon
100 South Eastern
all ilitainte,Woldnihamokc
100 Toll Vale
11 Do. C
100 Vale of Neath
100 Waterford & Kilkenny
6 'waterloo & Whitehall
190 West Cornwall
BRITISH POI

, Atlantic &St. 1.-1111Tteree'
Boer. Bar. &C. In. g6p.e.
I Do. IP Sharaa
;Buffalo & Lake on

—Do7llefeWztctßuf.,Brant. etOoderich

8 per cent-18724-4 ..
100 , Cat S. Easterosp. e.g.
10G leap. T. Dock 6P.e. g.
all ernerara,Tp.
100 Mast Bengal ga.P=.
100 Nast Indian ga. 6 d 0...
100 Grand Truuk of Canada
all Do. litpdp.ll.B.Bp.ot
all Do. lit prof. Bonds ..
all Do. do. deferred
all Do. gad prat Bonds.
all Do. do. deferred
all Do. !rd preL Stock..
all I Do. do. deferred
all Do. 4th pref. Stock..
all Do. do. deferred
,100 Great Indian Peninsubi

-gua.--a 6 per cent.
Do. New d 0...
Do. New
t s. of ludfa g. 6p. ct
Do. 61 per cent

I Do.
Gt. Western of Cat;itie
Do. New
Lkl 8
ie. Ws-m.1873
Do. do. do. 1877.
'lndian ranch Limited;
'Madras 'mar. 5 D. cent.
Do. do. q do
Do.
Do.
anC6Do. 6Fi°dpparPo..llJ:c.t.6o.beo,l44epapiartenyc'nald.e.:}layEdB9oB9san
N. R. of Cameo c. DO. B.
&Jude, en& 6 percent.
Do. Delhi do
Do. do. do
Do. Panjaub dm
Do. Indus St. Plot, do.
JOINT STOCI

87.
87
"9"0

liiii ii

ll BANKS.
—'
Pd I CL

No. I a. I 1145.0. I Pd I a prl6l-Pal4s.----
00,000. 60 Agra& Slastarman's (1 ',l 26 , - - dies -
10,000' 60 Albion -
40,300 100 • AlUanoeLon.&Liverpool 26 6 6 4141 -
100,000 20 Anglo Austrian 8 idle 101 u! -
40,000 54 ; Anglo Egyptian ,Lim.) 2O 12 10 Ms -
20,000 60 Anglo Italian (Limited` !20 I 3 0 dts -
11,300 20 Asiatic Bank Cor.new ail 10 ,1 3 -
30,000 40 . Australasia all ' 00 08 -
11,500 20 Bankof BritishColtusibla all ll 13 -
12,609 29 1 Do. New, issued II pea 6 1 - - - die
10,000. 25 ! Bank of Egypt -
40,000. 20 ''Bank of London - - di' -du
16,000 20 I Bank of Otago 'Llmited)j 10 6 3 die -
10,000 100 1 Bank of Queensland ~L, i, 26 20 17 dim -
20,000 60. Ilankof Victoria, Anoint; 26 39 41 -
60,000. 10 Bank of New Zealand... 10 6 Bpm -
40,000 60 , Barned's Bank Limited.' 10 fa 10 dis - dis
60,000' 20' Brazillan&Portuguesett 10 2 1 die -
20,000 60 British & Californim(L )1 7' 4 2diszd -ad
20,000 60 ' British N. America .. 1 all ; 40 48 -
75,500 20 CharleaLsffitte &Co. ',L ) 6 ' - - -
40,000 20 .C. Bk. India, Ans., China all I 10 18 -
30,000, 25 , Chart. Mer. of Indla,&c. all .36 38 30
64,000 20 : City .lO , 14 16 -
10,000 100 I Colonial . 25 1 38 40 -
40,000 I 8.8„ Com. Bank of Canada , all - - -
40,000 25 1 Com. Bank of India, &c.! all' - - -
160,000 10 I Consolidated Bank (L.), 4 1 :fpm -
10,000, 60 Delhi and Loudon ,56 11 23 -
20.000. 60 East London (Limited)l 6 21 lithe -
60,000 60 ' Pastern Exchange' Lim.). li 8 IMs -
66,000 30 I English and American .' 5 6 3 dis -
30,000. 26 1 English Joint Stock ;L.))' 10 - - die -
30,000, 20 1 Eng. Soot.& Aust Chartd all 17 18 -
10,000 60 1 Englishand Swedish (1) 25 13 12 dts -
46,000 60 ; European Bank,Limited 15 15 13 di -
40,000.100 ; Ilindusn.Chins&Jap.(L, 26 1 3 -.
20,000 100 I Imperial Bank ,Limited)' 20 1 spm 24
202,600 210. Imperial Ottoman llO 1 9 dis 91 1
o,ooo' 25 !lonian I all 21 24 ad -ad
6,000, 25 Do. New I 5 3 liihnid -
100,000 20 Land Mort. Bk. India;l )1 4 11 01.114 -
600,000100 1 D0.5p.c.Deb.,1864,30yn all 82 85 -
20,000 60 1 Lon.Bk.of Slexico,&c.44, 20 9 7 dls -
13,000100 ' London and Brazilian.; 45 9 7 dis -
2.000' 201 Do. New 1 711 1} 1 di* -
6,000'100 London& ElverPlat9l )40 8 10pm -
1 I .1,000. 25 Do. New, ha at ti pm 10 2 Spm -
20,000, 25 ' Do. do. do 5 1 2pm -
60,009 20 , Lon. Ch. Bank of AustrL all 21 23 22
17,6001 60 1 London and County 2O 01 d 4 -
73,0301 50 I London Joint Stock._ 15 42 44 -
16,000 20 , London & South African all 13 1 -
10,0001100 , Lon. kB. western illm.`,l 10 ! 3 die -
6,000, 60 ! London & Venezuela Ll! 111' 8 clis -
50,000 100 'London & Westminster. 20 1 91 92 -
19009100 1 Merchant Bank (Lien.) .26, 14 1 -
6,000'100 Do. New -
W,ooo' 50 Mercantile &Exchan(L) 1211 9 dis -
17,166 100 1 Metro. & Prov. Bank; )20 11 dis -
64009100 ildldland Bank (Lim.) -
29000, b : National of A 4 1 1 pm .-
10,000'100 1 National of Liverpool lO 1 1 pm -
10,900'100 N. Pro. of England -. 42 . - - -
66,000' 20 , Do. 2nd & 3rd Issue,. 12 - - -
40,000 50 !National Bank -
$7,6001 10 1 New South Wales all ° 43 46 I -
60,000 10 ! New Zealand (Limited). 1 , 1414 par --
60,0001 20 1 North Western
-
00,000 25 , (Mental Bank Corpora all, 46 48 -
10,000 20 ' Orient.Com.B.Llateo.C. 7i - - die -
16,0001 20 I Do. do. lateN.F. 4 1 - - dial -
11,000 10 Do, do, latelf.C. 41 - - dial -
17,50 50 1 Provin.BankheCorp.(L) 10 6 6 dim .-
10,000 100 1 Provinc. of Inland 25 78 80 -
37,609 20 Icindo,Ptinj.,&Delhi(E) 10 - - cus -
• 12,500, 10 I Do. Issued at 2pm 6 - - din --
10,0001 26 ' South Australia all 28 29 -
i 17,0611100 'Stand. of B. S. Africa -
190001100 I Do. do. ua at 6 pm. 10 7 6 ells -
4010001 , Union of Australia. all 58 47 461 7
r 15
14.620.100 Union of Ireland (L 6;.) la 8 6 die -
80.0001 Go 1 Union Of land= l6 66 66 ..-
DOCKS.
No. la. 1 DOCM& IPd I Cl. prima I Sales.
2,096,038, at. ,Esat and West India .100 119 111 -
. 12,009 10 'General Floating Dock! 6 - - -
873,110 St. !London &St Katharin. :100 67 Cf 9 -
✓ 1,0112,660100 Do. Deb. St 4P. cent all - - -
✓ 909866 St. Southampton lOO - - -
/1/4•111 81. Muni Commardal lOO - - -

MONEY MARKET.-(THIS DAY.) i Indian government securities were steady.
Exchequer Bills remain at 2s. dis. to 3s. prem.
Foreign stocks were dull, with few transactions.
Turkish Bonds of 1863 declined 1 iser cent. Italian
of 1861 were pressed for sale in the morning, and
gave way to the extent of 1 per cent., but after-
wards partially recovered, closing only f worse Asa
on Saturday. New Granadian "ex all" and De-
ferred also receded but Turkish.of 1865 were in
demand, and rose per cent.

Ons
The funds opened steadily this morning at the
last quotations of yesterday, but have since de-
clined 1-16 to 1 per cent. ; the monthly settle-
ment, now in course of completion, showing an
increased supply of stock. It is believed
that English Government securities have been I
sold by the public to a considerable extent of
late, so as to enable them to pay calls upon shares
in undertakings now being wound up. As regards
British railways, the most important feature is a
rise of nearly 1 per cent. in South Eastern,
owing to an increase of 4271. in the weekly
traffic return, instead of a decrease of about
2,0001., as was expected by the speculators for lower
prices. Foreign stocks are firmer, as well as some
of the financial shares. The improvement in the
weather, and the consequent reduction in the corn
market, are regarded as very favourable features.
The discount market continues very quiet, with
few applications for advances. In anticipation of
the payment of the dividends on Saturday next,
when the supply of money will further increase,
there is more disposition to take choice paper at
4i per cent., or 1 below the official minimum.
Short loans on English government securities are
offered in the Stock Exchange at 3 to 3i per cent.
Console are quoted 891 to for money and
89 9-16 to 11-16, or sq, for the account (Nov. 8).
Foreign stocks are inquired for and firm. Italian
Bonds of 1861 are in chief demand, and have im-
proved 1 per cent. Turkish of 1865 have also ad-
vanced 1, and Spanish Certificates and Mexican, 1.
Turkish Bonds of 1862 are quoted 531 to 541 ; ditto,
1865, 281 to 1 ; Greek, 141 to 1 ; Spanish Passive,
211 to 1 ; ditto Certificates, 141 to 1; Italian of
1861, 551 to 1; and Mexican, 16 to 1.
United States 5-20 Bonds are unchanged, at 701
to 1, but Illinois Central Railway shares have
improved 1 per cent., viz., to 781 to f. On the
other hand, Erie have declined 1, being quoted
491 to 1.
Anglo-American and Atlantic Telegraph shares
are steady, at 161, to 1, and 51 to respectively.
International Financial shares are quoted 111
to 1, dis. ; London Financial, 16 to 15 dis. ;
General Credit, n to ft dis. ; Credit Foncier,
41 to 3; dis. ; National Discount, 81 to 9i prem. ;
_ and Hudson's Bay, 14to i.
About 50,000 sovereigns were withdrawn from
the Bank yesterday for transmission to Brazil to-day
by the steamer Rhone, which will take a total of
52,9361. in specie. The influx of bar gold to the
Bank will continue.

MINES.-(THIS DAY.)

th oTtkoz.

In the mining market to-day West Caradon and
Prince of Wales shares exhibit a fresh rise, but
other mines are quiet, in the absence of busi-
ness. Subjoined are some of the present.
quotations : West Caradon, 14} to 15 ;
Prince of Wales, 25a. to 275. 6d. ; Chirertoa
Moor, 5i to ; 'afield Grenville, 24a. to 265. ;
Clifford, 3i to 9 ; East Caro Brea, 23 to 2} ; East
Caradon, 6 to ; South Caradon, 315 to 325 ;
East Basset, 21 to 22 ; Wheal Buller, 24 to 26;
and East Lovell, 9} to 10.
The fifth call of 51., making 351. paid, is to be
paid on the shares of the Cwt-y-Bugail Slate Com-
pany (Limited) by the 24th inst.
The agents of East Wheal Grenville, under date
the 6th inst., write as follows :—" The lode in the
95 west is 2 feet wide, producing blistered and yel-
low copper ore, with splendid work for tin, and
looking very promising for further improvement."

The amount of government bills on India, for
which tenders will be received at the Bank of
England on the 17th inst., will be 32,50,000
rupees (325,0001.)
The Brighton Railway traffic return shows this
week an increase of 1,6311. over the corresponding
week of last year.

The traffic earnings of the Great Western Rail-
way of Canada for the week ending Sept 28, were
15,0441., against 17,3301. for the corresponding
week in 1865, showing a decrease of 2,286/. 14s. sd.
The Calcutta, China, and Australian mails
reached Suez on the 4th of October. The dates
are : Calcutta, Sept. 10 ; Point de Galle, Sept. 18;
Shanghae, August 22 ; Hong Kong, August 28 ;
Melbourne, August 28.
With reference to the affairs of the London,
Chatham, and Dover Railway, a circular has just
been addressed to the debenture holders, signed
"K.," and dated from 13, Mark-lane. The writer,
who is well acquainted with the position of the
capital account of this company, rightly remarks
that it is very complicated, but urges that by con-
solidation it may be made very simple. He recom-
mends a " unification" of the entire capital on a
basis somewhat similar to the following :
Existing Debenture and
Shire Capitals.
40,720.n110
6,7:4,000 ..
1,333.0u0
1,416,300
1,0(10,000
093.000

General i'nflertakfnn

Metropolitan Extension
City Linea
Peckham to Greenwich

Common Fund
Victoria Improvementa

Pmpoted
Values
t2.6:.b,300
2,260.000
3.'0,200
C 25,0.0
277.000

116.914,100 to be unified to £6.141-2,609
New Stock, to be registered u
Unified stock ....
Great Northern ..
Debentures

,4"2,544,410
30),000
4,144,100

Add Debenture Interest, If scheme
carried uut estimated)

Of one Stuck without Preferences.. C 7 ,192,600
The writer observes : _

On this unified capital of 6,992,6001. there will be no
difficulty in raising a temporary loan of 1,000,0001. at five I
per cent., with which to discharge any land claims ; and
as the surplus land is alleged to be worth a million, the
loan can be repaid from its proceeds. • • • •
The practical result in, the debentures purchase the shares
at an average of 2111. per 100/. The land quest‘on is a sub-
sidiary one, and can be settled afterwarde. Landowners
who have slept over their rights will readily meet the exi-
gencies of the case. The vindictive new line to Brighton
must be relinquished. We must live in peace with our
neighbours, purchase our stores with cash, reduce our ex-
penditure, and there will be a good dividend on the
,192,600/. consolidated stock. I consider this a sound
policy for all parties, and the only satisfactoty plan to
cancel leases and agreements, which the shareholders can-
not perform, and never ought to have undertaken. The
Sevenoaks, the Kent, and all such must work themselves,
and bear their own loss, or consolidate with us at a price.
They may plead their agreement, but an agreement with a
company that cannot pay its debts is simply ridiculous.
I consider every one of these subsidiary agreements unfair
to us, and they should share the fate of all unfair agree-
ment. The L., C., and I). never made any of them,
though it may be said it assented at general meetimss ;
the debenture-holder, at all events, never had the power
to object ; and I have no doubt these companies will come
into the hotchpotch, and cancel every agreement rather
than allow the L. C., and D. to be sold to the highest '
bidder. I would not adopt their agreements at any price.
I propose, of course, to retain the Great Northern and
South Western present statutory enactments.
This rough and ready method of carving the
company's finances, upon the plea that, as all
classes of holders are alike engaged in a losing
affair, they ought to work together, and to do the
best they can in the common interest, gives a
suggestive idea of the dilapidated condition to
which this important undertaking has been re-
duced.
Concerning the hide trade, the subjoined is from
the monthly price current of Messrs. Culverwell,
Brooks, and Co. :
There is no material change to report in the hide
market during the past month. A fair amount of busi-
ness has been done at about late rates. Hides.—Salted
Oa and Cow—South American Dave realised previous
prices ; Australian have been in good request, heavy
hides bringing an advance of 1,d., while light have barely
realised late rates ; Cape have realized about previous
prices. Horse hides have sold at full prices to a slight
advance. East India Kipps have been in fair request.
The home trade have operated freely, but for export
the demand was limited at the last sales. and prices of
some descriptions were rather easier, but Dacca realised
full to, in some instances, improved rates. English mar-
ket hides have sold freely at full prices. The Leather
Market —A steady demand has prevailed throughout the
put month. Stocks are moderate, and prices generally
firm. North and South American Furs and Skins.—The
usual autumn public sales of furs and skins commenced on
the 3rd of September, and closed on the 14th. The gene-
ral demand wa• not so animated as at the corresponding
sales of last autumn, consequently the prices for many
descriptions were lower but some sorts were in fair
requeet, and former rates maintained. At the public sale
of 10,600 Newfoundland and Greenland seal skins saddlers
realised higher rates.

Mosnav Evairms.
Consols, which closed on Saturday at 891 to 1,
both for money and to-morrow's settlement, opened
this morning at the same quotation, and closed at
89# to . For the Bth November the last price was
89;? to I. The official business report is as follows :
—Three per Cent. Consols, for money, 89k, #, 1,
Is ; ditto, for account, 891, ; Three per Cents.
Reduced, 87, 6i, 7i, f ; /sew Three per Cents.,
861, 7#, 7 ; Bank Stock, shut; India Five per
Cent. Stock, 104 i, 5 ; ditto Four per Cent. " en-
faced" rupee paper,lB3 ; ditto' Five per Cent., 1001,
ditto Five-and-a-Half per Cent., 105# ; ditto
Five per Cent. Debentures, 1011.