The Express.
London, England, 1866-05-11 00:00:00

'HIS DAY.)

present sales, up tq date, is as follows :—Now
South Wales- sae Queensland, 25,584 bales ; Vie.
162 • 90,177 ; Tasmania, 5,7223 South Australia,
21,1 i West Australis, 1,922 ; New Zealand,
, 2. Total Aunt:simian, 151,406. Cape et
Hope, 15,061. Total colonial, 188,467.
The return of the teak of blandfor the week
e2Wednesday, May 9, compared with that
for e previous week, shows the following changes:
ties I. 827,124,729 Destuese 1417,390
Chutdation active 22,344,395 Deems@ 512,X5
?Olio deposits 5,71111,819 Inerseos 956,637
Other deposits
Government securities in
banking department 10,96054 Inagua 290,000
Other eaeuritiss in banking
dope:intent 10,844,217 Immo 464822
Coin and bullion in both
departments
Seven day and other bills 462,265 lnereass 25,216
The Rest 3,2N,587 Inerems 27 ,572
Notes in reserve
Total reserve ((note k coin)
in banking &muftis's 5,811,745 Insresee 175,375

BANK OF 1
An Account pursuant to the Act
wink ending on Weasel"!

.riGLAND.
Tth sad eth Vie., e. st far the
1. the toth day el My, lift
WILIENEMIT.
GOVllMbelit debt £11,015,11:0
Other seen:Glee— MOON
Geld eda awl bel-
lies 11.104,720
lava Whoa —

MOB DRI
Notes lamed £27,204,720 '

07,19‘,710
itsglirml DI
= victors' Capital 1L14,663,000
5,M7,587
Pubik Deposits ;in-
cluding Excheq.,
Bac Banks, Com-
mis. a National
Debt, and Dlv
Amounts) 1,7111,817
Other Deposits
Seven di and other
Dills

A5T,211‘,710

PARTNER.
GOTtrffleigi Wa-
rw. (indenting
Ott
Deal Weight An-
suit ; 1•1"64'
1C544,11
Other 4,056,315
Notes
Gold and Salyer
Coln

137,660,216

L 57,560,216

May 10, 1800.

W. MILLIS. Chief Cashier.

TERISIMAY Evwoo.
The stock markets, though still extremely sensi-
tive, showed some slight tendency to re-
covery at one period of the day, in con-
sequence of some large purchases, said
to be on German account, and accompanied by a
rumour that Austria has offered to cede Venetia
to Italy for a fixed sum. This rumour—so im-
portant if true—remaining, however, wholly un-
confirmed, the markets resumed a dull appearance,
and a recovery which had taken place in Italian
securities was lost. At 3 o'clock Consols were
quoted the same as they closed yesterday, but
between that hour and four the price fell per
cent., and all the other markets were plunged into
wild confusion by the news of the stoppage of
Overend, Gurney, and Co.—a piece of intelligence
which was so startling, that manypersona remained
incredulous to the last. In the chief home rail-
ways there was an immediate fall of lto 2 per cent.,
and a reduction of equal amount took place in
most of the foreign stocks. The leading
American securities fell 1 to 15 per cent. Canadian
and foreign railway shares all gave way, except
Lombardo-Venetian, which closed at yesterday's
prig. The market for financial shares was panic-
stricken, and there was extraordinary confusion as
regards bank shares. Alliance Bank fell 31. to 41.,
and shares in several establishments were literally
offered for nothing, by holders desirous of avoiding
further liability. National Discount shares suffered
severely, declining 41. 10s.; while those of Overend,
Gurney, and Co. fell, within the space of a few
minutes, about 71., viz., from about 31. disootuit
per 501. share with 151. paid, to 10/. discount. The
coming settlement in the Stock Exchange is looked
forward to with great anxiety.
Consols, which closed yesterday at 841 to 4 ex
div. for the 6th June, opened this morning at
841, and were maintained at about that level until
the announcement of the stoppage of Overend,
Gurney, and Co., when there was a sudden fall to
844 to jf. For money the lest price was eel to
with div. The officialbusinessreport leas follows :
—Three per Cent. Consols, for money, 851, ;, 1,
64, 51 ; ditto, for account, 841, g, 5, 41 ; Three
per Cents. Reduced, 844, 31, 41 ; New Three
per Cents., 844, 4, n,4 1 ; India Stock, 212 ;
ditto Five per Cent., 105, 41, 5 ; ditto Four per
Cent., 95 , ditto Five-and-a-half per Cent. "en-
faced " rupee paper, 107 ; ditto Four per Cent.
Debentures, 1004 ; ditto Bonds, 14s. prem.
Indian government securities have likewise
given way. Exchequer Bills were more offered,
and declined Is., the March being quoted 10s. to
ss. tbs., and the Juno his. to ls. dis.
The fall in foreign stocks made further actions
progress to-day. Egyptian (1001.) Bonds receded
3 per cent. ; Mexican of 1862 and Spanish Three
per Cents., 2 ; ditto, Deferred, Brazilian of 1865,
Portuguese, Turkish of 1864, and Venezuelan of
18114, 1 ; Spanish Passive, ; the Committee's Cer-
titicatus and Mexican, 4 ; and Greek COUNIIH,
Brazilian scrip, and Equador, 5. On the other
hand, Turkish of 1862 rose 14 per cent., and Danu-
bian 1.
An extraordinary panic prevailed in the market
for bank shares, especially after the announcement
of the stoppage of Overend, Gurney, and Co., and
shares in many undertakings were quite rnsaleable.
In several eases they were offered for nothing, but
with a provision that the dealer should find a
fresh name to place upon the share register. It may
be well to mention, in the present tune of distrust,
that the market for bank shares in the Stock
Exchange is a very limited one, the dealers being
only about half-a-dozen in number, and unable to
buy in a few hours shares representing millions of
capital. In concerns of undoubted stability—and
there are many of this class whose shares are now
being sacrificed--shareholders should show con-
fidence, and do their beat to mitigate the present
alarm. According to the comparison 4,f pnces
afforded by the official list, Alliance fell 31. 55.;
London and County, 3/. ; Agra and Maetennan's,
Bank of Egypt, Chartered of India, Australia, and
China, London Joint Stock, and London and
Westininsttx, 21.; Midland, National of Liverpool,
and Union of London, 11.; Anglo-Austrian, lrys.;
Australasia, Metropolitan and Provincial, English,
Scottish, and Australian Chartered, 10s.; Consoli-
dated Imperial* ntoman,and Land Mortgaged India,
ss. ; and Chartered Mercantile of India, London,
and China, and London and South Western, were
in exceptional request, and rose 21. 105. and 10s.
respectively. Alliance finally left off at 11 to 10
dis. ; Anglo-Austrian, at 24 to dis. ; and Im-
perial Ottoman, at 11 to Of die.
Financial shares were heavy in the morning,
and almost unsaleable in the afternoon, on the
announcement of the stoppage of Overend, Gurney,
and Co. Compared with the last quotations of
yesterday, Credit Fonder and Mobilier show a fall
of 1/. 2s. 6d. ; General Credit and Imperial Mer-
cantile, 17s. 6d. ; and International Financial and
London Financial, 7s. 6d. Prices were last quoted
as follows:—lnternational Financial, 21 to 2/ dis. ;
General Credit, 3 to 2 dia. ; London Financial,
11 to 10 dis. ; Imperial Mercantile Credit, 10 to
95 dis. ; Credit Fonder and Mobilier, 44 to 4 dia.
National Discount shares were last quoted 1 to 2,
prem., showing a fall of 41. 10s. ; Overend, Gurney,
and Co., 10 to 95 dis., being 61. 15a. lower ; Gene-
ral Ottoman, par to 2 prem. ; and Hudson's Bay,
144 to 5, a reduction of 7s. 6d. The fall in
miscellaneous shares continues. Anglo-Mexican
Mint, Atlantic Telegraph, Australian Mortgage,
City of London Real Property, Ebbw Vale, Egyp-
tian Trading, Electric Telegraph, Hong Kong and
China Gas, Italian Irrigation Land Securities,
London General Omnibus, Fore-street Warehouse,
and Ocean Marine, all gave way. Imperial Land
of Marseilles, however, advanced.
.378

MINES.-(THIS DAY.)

Ors o'CLocir.

The transactions in British mining securities to-
day am quite unimportant, and no change worthy
of notice has occurred in prices.