The Express.
London, England, 1867-02-12 00:00:00

THE EXPRESS, TUESDAY EVENING, FEBRUARY 12, 1867.

cecded to consider the circumstances of the trial to show
that there was nu necessity for the execution of Gordon,
ari ! that the parties themselves did not think there was,
or put it on the ground of necessity. Indeed rieneral
Nelson had stated in his memorandum approving
of the sentence, that he did not order the
execution of :ordon on Sunday because the state of the
country ,li,l not render it necessary. And if not necesaary
at that time nothing had occurred on the Sunday to render
it necessary on the following day. The fact was, that
these gentlemen acted, not from any belief that the exe-
cution of :onion was an act of military necessity, but
they had plower to punish him for the use of certain lan-
guage. awl they considered that he had instigated
the rebellion—in short. because he was an agitator.
It w.e. one of the most remarkable exertions of power ever
known in history, and he contended that it WAR an act fur
which the English law had no other name than wilful
murder. He used that word in its legal phonic, and not
with any intention to use harsh language, or impute any
other motives than those of men who thought they were
justified in what they did.
Dr. Enid..s was then recalled and examined by Mr.
Horne Payne. and Mr. Lewis by Mr. Bristowe. Papers
were brought from the Colonial-office, and handed
in by Mr. Roundell. Mr. Lake, a reporter of
.Tamaica.gave evidence, aml the minutes of the proceedings
at the court•tuartial were read over.

[The proceedings were going on when we went to press.]

SHARE LIBTS.-(THIS DAY.)

On olhooi.

In the railway market to-day the chief feature is
a fall of per cent. in Great Western stook. London
and North-Western, Midland, Lancashire and

Yorkshire, South-Ea'stem, ancibreat Eastern have
also declined 1 to 1 ; but London, Chatham, and
Dover has improved 1. The settlement has com-
menced.

Metropolitan stock is now quoted 1261 to 1273 ;
Great Western, 49/ to 4 ; London and North
Western, 122/ to t • Midland, 123/ to t ; Lan-
cashire and Yorkshi;e, 1283 to ; Caledonian,
11Z to 114 ; south &worn, 7113 to i; Great
Eastern, 31 to >i ; Great Northern, 120 to 122 ;
ditto A, 127 to 1281 • London, Chatham, and
Dover, 18 to ; and Noith British, 37/ to 38k.
Foreign and colonial railway securities are quiet,
at tho closing prices of yesterday.
omit/4 WILY SHAWN All D grouse.
I Pd. I ItamwArs I (2rWirZcsa. I dr, ILVIL3

I I I 'enamor. 1 so • 1...-
ft 100 I erkeel and Lister - . ll5 87 -..
el 100 ICatedonlan ...... _ ll5 117 1154
N 100 ,Catabrian . 40 46
• all ;Cork and liando;r
_.. - •-
20 all 'Cornwall. . 4 6 -
N. 100 ,DueenswilaiiiiWiina IS N
N. 100 I Dundee, Perth,&Ahdin 70 71
100 all lon London Snip Cart - - -
100 10 Do
N. 100 Minsowaild 8. Wanes 114 116 -
el 100 Great lootarn Ord. BR 314 Si 311 4
M. 109 Do. Z. Ans. Mk., No.t 6 8 -
el 100 OreatNorthof Socenad - - -
el 100 Great Northern -
el 100 Do.A J Arse. nettle. lAD- 1274 1261 1271
el 100 Do. 131 1/16p. ala paide - - -
ea. 100 Do. Ord. Def. Div. Block - - -
el 100 Gt. South & Weal (Ire.) 01 93 -
el 140 Great Wedeln . 60 601 501 49
et. 100 Da.etoaavaLciaaiii
el 100 Do. Booth Wales . - - -
el 100 Do. W. Mid.-OewpxfOrdor t 82 as
M. 100 Do. Do, N 36 -
el 100 Lancashire& Yorkshire 1244 122 1281 981
el 100 L.m. , htn.& &Coast 82 04 -
et. 100 Loadoe, &Dor 18 111 18 174
et. 100 1 Do. Met Exten.A6p.e. 13 16 -
8l 100 Loudon & North Wean. 1224 1221 tee 11 1
M. , 1001 LoadotekionthWeetern 64 66 -•
N. 1100 , Maxi. nhef..&Linoolnalt 491 604 id 491 xd
et. 100 Metropolitan 1204 1274 1264 I i
to on , Do. New - - pm -
10 all j Do. Extansion - -
100 all Metropolitan Marin_ - - -
10 7 Do. do. do. .. - - -
le all Do. &St John'a-wood -•- -
M. 100 Midland 1 1234 1101 123 i 3
• all IA Shar . 11 -
IL 100 1 Do. Do. Bina. &es
Dnior. 92101 94 -
8t 100 'North Leith/ I 64 ni -
8l 100 Do. Edin ,Parth,Dund. 14 :a
IR 100 'N. Eastern-Berwlek ' 104 106 1044
N 101 . Do. O. N. L ruzo 1 - - - Pm
el 100 De. Leeds -- I 634 441 -
SR 1100 Do. York 1 94 1004 -
et I 100 Do. Carlisle I - - -
N all Do. Stock. &Darting.l 86 96 -
M 90 Do. do., 186041 - , 10 11 pm -
el 100 North London -
1• 10 Do. de, 18611-5 ' 11 2 pm -.
111 6 Do. do., 1866 1 11 -
M. 100 North Stadordshiro • 72 74 -
el 100 N. &S. Western June ! 116 120 -
el 100 Scottish Central - 1 148 1112 -
It 100 Bhropshire Union - ' - - -
84. 100 Smith Devon •• I 46 48
84. 100 South Lutes I 704 701 704 4
lo all ,etahtea,Wokinghaindn 9 10 -
8l 100 Taff Van , 165 100 -
le 4 . Do. C I 3 4pm -.
SR 100 Waterford d: tiltiona 1 - - -
le I 'Waterloo & Whi 1 ..,
.101 NT BTOCI. BANNS.

lattl

Bmici

tiltatilt ;Lim.)
Affiance Limited
Anglo
EapAntirisntlaci ml Anglom.)
Anglo Italian (Limied
)
Amtralaala
Bankof BritlahColumblal

Bonk of Egypt 1
Bank of Otago (Limitedr
BankolVickela,Auatral
Bank of New Zealand
British & Calif urnian(L
British N. America
C. Bk. India, Ans., China
Chart. Mar. of India, de
City
c.°1c44,1.

Bt a.)l

Do. do. New.
Delhi and London (L.).
rag London (Limited
I fasters lischangiaLim.
'AIWA mod kniseican
Eng.Bankli.deJmneiroL
tog.gootAt And. Chartd
Itillabsndawrdish
Imperial Ottoman
lonian

Do. New
Land Mort. Bk. 1nd1241 )
IlOyn
Lon. Bk.allexiamto.(L)
Loudon 'ad Braillian

Da New

London& ItiverPlate )
Do. New, laa. at lipm
Do. do. do
Lon. Ch. Bank of AustrL
London and County
London Joint Mock...
London & South African
I Lon. &B.WeaterniLlm.
London &
London et Weetan.
Merchant Bank (Lim.) .
Do. New
Mereantileditteltan(L )
Metropolitan (limited)
Midland Bank (Lira.)
National of Australasia
National of Lirod
N. Pro. of lmgland

20,000' 10
9000.100
900,9000,0001
100
6
10,000'100
50,000 10
40,000 50
60,000 10
60,000 10
09000 26
27,2191 50
93,000100
10,000 10
10,000 25
17,0611100
10,09!9109100
49 29
190004100
994:00I 60

!National Bank
I New Bon* Wales
North Western
Onentat Bank Corpora
provln.Bankingtoorp.g
Proviso. el Ireland-. 1

I Bo Do.
othA do.
netreas New....
Stand. of B. & Attics .. 1

Do. do. sr .k 6 pa
Union of Australia
Union of Ireland (Us.)
links of London
• 4 15.16 6 4
11011A1014 LAE
I 114ftwA01.-Tdi

;r1 11;17;aFrs.II.Tg.7p.c.
all Belgian E. Junction
I all Ayrea,G.S.,g.7p oL
all (L)
16tICentral Argentine .
'Coplapo
all 11 Do. Rrtension
J 75 lienalourg & (I )
16 'Dutch Rhenish
all ! Do.
all Eastern of Prance
I 18 Sunman Central (1)
all Great Luxembourg
all Imperial Mexican (L)
all Lemberg•Crernowits (L)
I all INam.dLiege (,8 the
all D 0.6 p.c. PrL I Belg. gov
all Northern of France
J all N. Rall &Ayres 7.p.c
• all Do. Deferred
all Norwegian Trunk Pref
all Ottoman (Smyrna Alan
all FOILS, Lyonsoindliedit
' all 'Pada and Orleans .*
all .Recife 8. Francis. (L )
10 Royal Sardinian
all 'Royal Swedish . .
all' Do. 7 per cent
all Sambre and Meuse
all, Do. 54paroent.Pref
all Su Paulo L) g. 7 per cL
all B.Aust.d Lem. Venetian
16 South RasL of Portugal
all Southern of France
all Turin and Savona
I all West /Ganders
all ' Do. se per cent. PreL
all West& N.W. of France
COLONIAL OOVEILNI
10. I B7OOAL

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7.1141 zdl
8,
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4721 49
18 19
34 36
1311 144 id
39 41
It fpm id'
1 pun zd
lidls w 3
I dls.
I 4 db
le 04814
18 19
Ile 194 dis
3 I} 6 pen 14
3 2 Ofd4
22 24

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la 171 id

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• 7lb
17 15 dL id
I}ths zd
6 Ipm
1 2pm
1 Ipm
421 1
14
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11 9M.
96 96 id
15 16
11 9dU
9 7Ms
71 51
1 1 Ms id
1 2pm
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a 66 id
46 40
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64 46
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83 86

2729
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2114
244p:1
31 33
16 13
111 12
6 0
14 161
1:1 1: I
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9 10

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16 161
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Pd. 1 CL primp. I &Om

WOOD' Bridals Cola. 0p.e.t.,1871
1.00,: Do. 1606
--Can. Gov.' p. c.. 187746.
-- Do. Opentklieb.&Avg.
Do. °naily tt.
lAN, Do. 6perctaan.Zili
686.808 Do. &wet. Int. Roc
iDo.
100,009 CePeo2o Bore reel::
.7...... Do. do. 1880-00
.... Do. do. 189041
Ilk Do.lp.e.Ap.dOct.l9oo
100, Oeylou.Nov. lt4 9,6 p. of
sto, Do. 1879, do..
1,000. Do. 187$ d 0...
100. Katuittne 6 per 00,1873
0001 Do. 1878
WO, Do. 1882
POO, Da 1886
106, !fatal. 006.0 per cent..
19.000' New flrnae.oov.6prect.
1,136,800 New South Wales Goa,
Is. 0ent.,1871 to 1876
3,171,800 Do. 6p. 6.1888 to 1893
860,000 D0.5p.e.r,1967 to 1875
160089/11gew Zeelleed 6 per cent
1,000,000 Do. sper cent.
600,0001, Do. I per cent. 1891
100,0001 D0.de.1691 Jane& Dec
260,009 Nora 'tootle 6p. e.,1876
1,868,200. Queensland Ger. 6 p. Cl.
S.Auat.Gov. 6 p. c.. 67-77
761.6001 De. 1876 sat npwds.
860,000 016.410v.6p. a Jan. July
7,000.000 Do. 09. 02. April &On
BRITISH POSSESSIONS.
Fast Indian Guaranteed 5 per cent, likli to 6 a a.
Grand Trunk of Canada 4th preference stock, 241.
Great Indian Peninsula Guaranteed 5 per cent., 105}.
Great Western of Canada, 141.
Madras guaranteed 5 per cent., 1004, 4.
Scinae —Delhi guaranteed 5 per cent., 98, 71.

100 101
86 97
84 86
101 143
106 107
106 106
108 104
61 93
101 108
NS 146
106 100
101 104
108 106
193 106
106 107
96 100
86 tiff

91 U
86 98
N 96
100 102
imi 851
102 104
1001 1011
97 99
92 ft

991—e zd

_
ae

1051

—e6l—

105 107
Mt =

93

1081-71

PREFERENCE SHARES.
Midland Consolidated Bristol and Birmingham 6 per
cent., 130.
Midland 41 per cent. redeemable, 96.
MISCELLANEOUS.
Atlantic Telegraph Bper cont., 561.
Berlin Waterworks (Limited), 12..
Berlin Water Works, New, (Limited), 51.
City of London Real Property (Limited), 4 1316.
Credit Fourier of England (Limited), 31, 11.16,13-16, d.
Credit Fonder of Mauritiva (Lim.), 6j.
Crystal Palace, 281.
Ebbw Vale, 101.
Egyptian Commercial and Trading (Limited), 3 1-16.
General Credit and Discount (Limited), 31, 3-16.
Hudson's Bay, 16, 15g.
London Financial Association (Limited), 71.
National Discount Company (Limited), 131, xd.
Ditto New, issued at 5 prem., 11 to be paid, 111.
Viceroy of Egypt (Mortgage) Loan, 71, 1.

MONEY MARKET.-(THIS DAY.)

Oil OVLOCZ.

The stock markets are dull to-day, the Chan-
cellor of the Exchequer's speech last night upon
refonn being regarded unfavourably, since it shows
an evident desire on the part of the government to
shirk the responsibility of settling the most im-
portant political question of the age. The news
from Chester of an anticipated Fenian disturbance
has also led to sales. Consols have declined 1 per
cent., and several of the British railway securities
1 to 1. Great Western stock is still heavy, and
has experienced a fresh fall of nearly 1 per cent., it
being fully anticipated that a very unsatisfactory
dividend will soon be announced by this company.
The movements in foreign bonds are not impor-
tant, but Greek are inquired for. The fortnightly
settlement has commenced, and will be completed
on Thursday.
There is no new feature in the discount market,
the supply of money being still very large, while
few bills are offering. The rate is 21 to per
cent. The charge for short loans in the Stock
Exchange is 2 to 2} per cent.
Consols are now quoted 901 to for money, and
901 to 91 for the account (March 7).
Foreign stocks are quieter, but there is a demand
for Greek Bonds, which have risen 1 per cent.
Spanish Passive have also improved 1, while
Turkish of 1802 have declined 1. Turkish Bonds
of 1862 are quoted 56 to 57 ; ditto of 1865,
301 to 31 ; Greek, 14 to ; Spanish Passive, 23
to ; ditto Certificates, 15 to ; Italian of
1861, 541 to ; Mexican, 171 to 18 ; Russian
Scrip, 21 to 21 pram. ; and Chilian Scrip, 1 to
, prem.
United States 5-20 Bonds have advanced g per
cent. ; Erie Railway shares, 1 ; and Illinois
Central, 1. The present quotations are :--5-20
Bonds, 73 to ; Erie Railway shares, 397 r to 40 ;
and Illinois Central, 81 to
Anglo-American Telegraph shares are quoted
15/ to 1 ; and Atlantic Telegraph, 8 per cent. pre-
ference, 21 to 1, being quiet.
International Financial shares are quoted 21
to 2 dia. ; London Financial, 171 to 161 dis. ;
General Credit, 21 to 21 dis. ; Credit Foncier,
51 to 51 dia. ; National Discount, 81 to 9 prem.,
ex div.; and Hudson's Bay, 151 to 16.
The advices from Sydney report the failure of
Messrs. G. F. Lloyd and Co., and of Messrs.
Wilkinson Brothers and Co., with liabilities
estimated at 200,0001. and 170,0001., respec-
tively. At Adelaide Messrs. Younghusband
and Co. had stopped payment ; their liabilities
reached 65,000/. The accounts from Melbourne,
however, are much more satisfactory, the month
having passed Without the announcement of any
mercantile suspension of importance.
Subjoined is a complete list of the gold ships
known to be now on the way from Melbourne to
England, viz.: The Chariot of Fame, with 42,0001. ;
Giant's Causeway, 53,5001.; Sarah Grice, 12,000/. ;
Ballarat, 10,0001.; Anglesea, 46,000/. ; Red Rover,
24,000/. ; Bruce, 25,000/. ; and the Essex, with
1,500/. The total is 214,0001.. of which about
117,000/. is due.

-
HALF-PAST THREE O'CLOCK.
Consols are steady, at 901 to for money, and
94 to 91 for the account.
About 8,000 sovereigns from Lisbon have been
sent into the Bank.
The tenders this afternoon for the Canterbury
(New Zealand) Six per Cent. Loan, amounting to
300,0001., reached only 47,550/., of which 3,0001.,
being at and above the minimum, was accepted.
Tenders will be received for the residue up to the
15th inst.

At Paris this morning the Three per Cent. Rental
opened at 69fr. 70c., being about 1-16 per cent.
better than yesterday.
Good securities continue to be slowly absorbed,
but those of an inferior character, or involving lia-
bility in the shape of calls, remain completely neg-
lected. On the whole, it would appear that though
there is a marked absence of those general realisa-
tions of securities which went on unceasingly during
all the latter portion of last year, the public have as
yet no general desire to invest. The question as
to the channels in which the vast mass of money
now accumulated both here and on the Continen
is to be absorbed thus aeons to be as far from solu-
tion as ever. It is certain, however, that, under
existing circumstances, legitimate trade is utterly
unable to absorb it.

Anxiety continues to be expressed for the an-
nounoement of the dividends of the South Eastern
and Great Western companies.

The Tanjore will take to-day only 1,1701. in
specie for Bombay. The Asia, from Boston, has
brought 1,0001.
Private letters from New York state that it is
supposed that at least 100,000 persons will have
the United States for Europe, to visit the Paris
Exhibition, and express an anticipation that this
will cause a considerable drain of gold.
The meeting of the Berlin Waterworks Company
was held yesterday. The general revenue account
showed a balance for the past half-year of 22,2471.,
out of which a dividend was declared at the rate of
8 per cent, per annum, free of income tax, leaving
1,8871. to be carried forward.
At the meeting yesterday of the Alhambra Com-
pany (Limited) a dividend was declared at the
rate of 15 per cent. per annum, making, with the
last dividend, a total distribution of 17i per cent.
during the first year of the company's operations.
The half-yearly meeting of the Dagenham Dock
Company is called for the 27th inst. Amongst
other business, the company will be called upon
" to authorise the issue of the capital empowered
to be raised by the company's last act of parliament,
obtained in 18f141."
A general meeting of the shareholders of the
pany of African Merchants (Limited) is called for
the 12th inst. _

With regard to the affairs of the London,
Chatluun, and Dover Railway Company, a circular
has appeared, signed by Mr. E. P. Price and Mr.
R. Few, from which we extract the following
t""" •
We have received a circular addressed to the debenture
holders dated the 6th inst., and bearing the signature of
Mr. Hodgson as the chairman of the committee, setting
forth the scheme proposed by a portion of the committee.
and asking our assent thereto. The extraordinary and
objectionable character of the scheme suggested at ouce
requires that, in compliance with renewed requests ms to
do, we should invite a public meeting of all debenture
holders, to consider the steps to be taken to protect their
tights. We therefore request the favour of your atten-
dance on Friday next, the 15th inst., at 1 o'clock, at the
London Tavern.
With reference to Virginia Sterling Six per
Cent. Bonds, the annexed notice has been issued :
Messrs. Baring Brothers and Co, hereby give notice that
they have received from the State of VirginmSterlin; Five
per Cent. Bonds, bearing interest from the let of Jan.,
1867, and redeemable after the let of Jan., 1887 ; and they
are now prepared to receive the coupons due on the old
Virginia Sterling Five per Cent. Bonds, of and iron. lot
July, 1862, to Ist Jan., 1867, both inclusive, in eichAnge
for the above .mentioned bonds.
At a meeting yesterday of the Committee of the
Stock Exchange, the following resolution, which
was passed on the sth inst., was confirmed
The Stock Exchange shall in future be cleeed on the Ist
of January, Easter Monday. Whit Monday, the 14 of
May! the let of November, and the 26th of December, on.
less tt is specially ordered otherwise by the committee for
general purposes. When either the Ist of January. the
Ist of May, the lot of November, or the 26th of December
falls on a Sunday, the house is to be shut on the following
dArthe colonial wool sales are fixed to commence on
Thursday, the 28th February. The fresh importa-
tions up to the present date, since the beginning of

last sales, comprise 79,802 bales, viz. :—New South
Wales and Queensland, 12,683 ; Victoria, 31,206 ;
Tasmania, 259 ; South Australia, 5,312 ; West
Australia, 805 ; New Zadan4, 670 ; Cape, 28,867 ;
total colonial, 79,802 bales. 'Further arrivals are
daily expected.
With reference to the coining quarterly sale of
indigo, Messrs. H. W. Jewesbury and Co. report
as under :

Tbe February quarterly male will commente on the 12th
inst. The sale will be small, and the amortment indif-
ferent. Of the Bengal there is a scarcity of medium
qualities ; the Madras consists chiefly of middling and
ordinary sorts, and the Kurpah and Bimlipatam are mostly
ordinary. The total quantity to be offered is 7,197 chests,
via., 6,172 in Catalogue A, and 1,025 in Catalogue IL own-
priming the following, viz., 2,298 chests Bengal, Oude,
2,376 Madras, 507 Ktir, 69 Bimlipatam, 19 Pondi-
cherry, 222 Manila, 79 al fig, 8 Bombay lig. 1 China
green indigo 13 samples
12ti 499uwithdrawn4;
i 719,
vvarious,,
sooond ee
handnag. lots wa
is
re-
nose spis, sad

MONDAY B713111!0.

Consols, which closed on Saturday at 911 Tolior
the 7th of March, opened this morning at the same
quotation, and closed at 91 to 1. For money the
last price was 901 to 91. The official business
report is as follows ;—Three per Cent. Consols, for
money, 911, 1,1, 1, 1 ; ditto, for account, 911, 1 ;
Three ppe
Three err
Cents., Cents. Reduced, 901, 4,90 g, 1, ; Bank St oc 1, k
4, ; New
, 2521, 11 ;
India Five per Cent. Stock, 1071, 7,4; ditto Five
per Cent. " enfaced " rupee paper, lon, e ; ditto
Debentures, 1024.
The India Five per Cent, stock was firm, and
there were more inquiries for the Five per Cent
rupee paper.

thviiid to the abundance of money Exchequer
Bills wore inquired for, and improved ls., closing
at lla. to 15s. prem.
The scrip of the new Chilian Loan declined 1-
per cent., the settlement to-day showing a larger
supply than had been expected. In consequence
of this, the rate for carrying over transactions,
which was a small " backwardation" on Saturday,
changed to-day to 1-32 to 1-16 " oontangur."

MINES.-(THIS DAY.)

Owl o'CLocri.

The mining market is rather quiet to-day, the
dealers being engaged in the settlement of the
fortnightly account. Subjoined are some of the pre-
sent quotations :—Wheal Seton, 105 to 110 ; Wheal
Buller, 26 to 28 ; Wheal Basset, 65 to 67i ; Prince
of Wales, 33a. to 35.5. ; Great Retallack, 475. 6d.
to 48a. 6d. ; Redmoor, 10s. to 12s. 6d. ; Great
Vor, 17 to I ; East Cam Brea, 34 to ; East
Caradon, 5} to ; East Grenville, 11 to 21 ; and
East Russell, to