The Express.
London, England, 1866-05-01 00:00:00

The following is from the Steam Ship Circular
of Mr. C. Moller, dated yesterday :
The steam shipping business has been extremely quiet
during the past Lionel. The unsettled state of political
affairs on the Continert, as well as the unsatisfactory
state of our motet' ..a..rket, have affected trade in general
to a serious eNt..r,:. By the last accounts from It 'miss
the ice was fast rizsen ' , and the entire navigation el
the Bahic will tilts soon be free. A large number el
steamers are loit4ing for St. Petersburg, but owing to the
heavy competi.ion, freights ere kept low and retura
freights are rather ..carte. From Riga steamers are 4 de-
mand for oats at 3s. A. per qr. to London. The Mediter-
ranean trade is very dull, both out and home, nor is there
any improvement in the home freights from Alexandria,
which remain Loniinaliy at ild. per lb• cotton to LiverpeoL
The °deem trade is also quiet, but from Suliva and Kim-
tendje there is some demand for steamers at tie. fM. to 7/...
'KIT qr. wheat to the United Kingdom. Time charters ass
very scarce, and the rates about lies. to M. for gimps at
GOO to WO tors. The *lie of steamers has been very
limited, and prices are rather lower, both for new and
second hand ships. -

MONDAY Evismc.
Consols, which closed on Saturday at 86! to
for the 9th of May, opened and closed to-day at
to :,. For money the last price was tkig t. 44,
for the June settlement, 8&. The official business
report is as follows :—Three per Cent. Consols, for
money, 8.6!::, t, f:, t, 4, 4 ; ditto, for account, 844,
I, i ; Three per Cents. Reduced, 85, 4i, i ; New
Three per Cents., 844 , 5 41, i; Bank Stock, 244 ;
India Five per Cent. Stock, 105 t ; ditto Four per

Cent. Bondi, 15s. prem.
The India Five per Cent stock was a little
more offered. The March Exchequer Bills remain
quoted Bs. to 3s. die., and tke June ss. die. to par.
Foreign stocks experienced a fresh fall to-day.
In Italian there was quite a panic, and the price
fell as much as 4to 5 per cent., owing to large
sales, partly on foreign account. Egryptians
Brazilian (1865), and Turkish also declined 1 to 1,4
per cent. ; Brazilian ac-ip, and Mexican of 1864, 4;
and Mexican Old Bonds, • Spanish Prance and
Certificates were in exceptional request, and rose 4.
In the market for bank shares the changes wens
all unfavourable, comprising a fall in Albion, Al-
liance, Anglo-Austrian, Anglo-Egyptian, Bank of
London, Bank of Otago, City, European, Hindu,-
tan (Now), Imperial Ottoman, and Oriental Com-
mercial. Alliance closed at 2 to 2} dis. ; Anglo-
Austrian, at 2to dn. ; and Imperial Ottoman,
at / to 14 prem.
Financial shares were extremely heavy, and all
declined, with the exception of Credit Fonder and
Mobilier, which closed the same as ou Saturday.
Imperial Mercantile fell 10s. to 12a. 6d. ; Inter-
national Financial and General Credit, Si. to
Ti. 6d. • and London Financial, se. Prices were
last quoted as follows :—lnternational Financial, 14
to 1 dis. • General Credit, 13-16 to 11-16 dia. ; Lon-
don Financial, f 4 to 51 dia. ; Imperial Mercantile
Credit, 42 to 44 dis. ; Credit Fancier and Nlobilier,
to 1 die.
National Discount shares were last quoted 71 to
8 'prem., showing a decline of 10s. ; Overend;
Gurney, and Co., 13-16 to 11-16 dia., being
2s. 6d. lower ; General Ottoman, 3to prem. ;
and Hudson's Bay, 15 to 164, a reduction of
2s. 6d. Miscellaneous shares were again heavy,
and a decline wok place in East India Land,
Fairbairn Engineering, Imperial Land of Marseilles,
London and Caledonian Marine, Millwall Iron
Wurks,:National Steam, Otago and Southland In-
vestment, Quebrada Land, Telegraph Construc-
tion Van Diemen's Land, and West India and
Pacific Steam. The Viceroy of Egypt's new loan
was also dull. Thames and Mersey Marine In-
surance shares improved.
United States 5.20 Bonds and Illinois Central
Railway shares fell 1 per cent. ; and Erie, f.
Virginia Six per Cents., and Atlantic and eat
Western Railway Consolidated n .rtgage Bonds
also declined. Prices closed as follows :-5.20
Bonds, 684 to 694 • Erie Railway shares, 502 to
51}; Illinois Central, 784 to 79; Atlantic and
Great Western Debentures, large, 751 to 761 ;
ditto, 1001., 764 to 774.
The colonial wool sales are fixed to commence on
Thursday, May 10. The fresh importations up to
present date, since the beginning of last sales
(as reported by Messrs. R. Dutton and Son), com-
prise 118,743 bales, viz. :—New South Wales and
Qieensland, 16,366 ; Victoria, 59,703 ; Tasmania,
3,791; South Australia, 14,848 ; West Australia,
1,932 ; New Zealand, 8,267 ; Cape, 13,836--
Total, colonial, 118,743 bales. Further arrivals
are daily expected.