The Express.
London, England, 1866-03-19 00:00:00

COMMERCIAL AND MARKET&

WARY-LABIZ.-(THIS DAY.)
The arrivals of English wheat fresh up to our market to- I
day were oaly moderate. For good and fine qualities the ' St,
&mad ruled vary inactive at prices shoat equal to Monday 60
Let Low and damp percale were very dull at • decline in IV
the quctaiioss of ls. per quarter.
There was a full avenge 'apply of Buenas wheat oil the 26100
stands ; but the show of &aerie's was limited. All de-
scriptions moved off &lowly. In prime, however, DO M.
quotable change took place. e
et
t.
The supply at barley was rather limited. Malting pircels
were firm, and quite as dear as last wash. Grinding and rt.
distilling sorts were steady, at late rates. at.
Malt, the show of whkh was moderately extensive, St.
moved on steadily at full quotations.
Fall average supplies of oats were brought forward. EL
The demand fossil kinds Wlll.lO a sluggish state at previous rt:
tummies. 16.
Beene were in short supply sad fair request at fall prima.
Pass sold slowly but at full quotations. The supply was 86
limited.
There woo quantity of French flour co one& The Ilk
Made thanks& inactive, at barely late rale& so.
The of grain and seed-laden vessalace roan have e
et
t
been vay moderate. No business has been reported in Bt.
wheat. Prices, in conmequenni, are nominally unaltered. St.
Ghirka, 430. per 4921 be.; and new Banat, 42& par 4801ba.
Owing in a great messure to the shortness of the ge•
supply, the transactions in maize have been trifling. Thrall, a•
arrived, has sold at 28a. per 49011 n. There has been a 1;
steady demand for cargoes of barley, near at band, at la. 10
per qr. more money. One cargo ol anived Danubian leo
has readily commudod 275. lid. per 4001ba., being 100
an advance of la. upon late rates. Ntrolaieff,
on pimp, 26e. ; Danubian, 27e. ; ditto, to be shipped,
25e. 4)d. per 4001bs. The trade for rye has continued very Tb"
heavy, on former terms. Enos is worth 29a. to 30a. per B‘.
4801ba. We have no change to notice in the market [or et.
beses.pflie inquiry has been in the same unsatisfactory state, SI.
stkominal quotatioa& Barbary 40a. to 41a. per 4801bs. More to
bonuses has been transacted in millebeed, at about the let
rates current during the previous week. Danubian chip- at.
O ng, 22e. ; Eupatoria, March shipment, 21a. per gs
410ibs. Linseed lees ruled firm at en advance 86
of Is. per quarter. Calcutta, arrived, 72a. per lit.
4801 be. Bombay an passage, 725. per 4161ta. 10
Black Sea, May to July shipment, 6.3 a. 9d. per to
424 lbs. Bombay in warehouse, 735. to 74e.; Weans, It
725. ; Black Sea and Aeon. Ms. • rupenor St. Pebersburg, Bt,
675. to 68s. per qr. • Linseed mhos have moved on se,
freely, at full currencies. London-made, 111. be. ; New M.
York, in barrels, 114 • ditto in bags, 101. 10e. to St.
101. 15s. ; Western, is bass, 101. ; and Marseilles, AL
91. per boa. Oottoramed cakes,British made, have ma- 7.•
Heed 41. lbs. to 51. ; Fornionde, April, May, or June ship- 64.
men& 41. 15s. to 54 per ton. Rapeseed has been in fair te
request, and late rates have been well supported. Guserst, Bt.
in warehouse, 75e. ; Iremespore, 66a. to 675. ; Calcutta, 65a.; 10
cultivated Danubian, 66e. to 675. ; and wild Black Sea and ea.
Azoff, 345. to 365. per qr. In cotton seed sales have pro-
steered steadily, at a further improvement of 2s. 6d. per toe. _
114137tintl, on Peesage, 84 10a. ; ditto, shipped or to be 811.
shipped, 81. 10a. per ton. 100
Agricultural seeds were very inactive, at last week's at
r 0
quotation s.
ARRIVAL or Bum -Eoulish Lamed, 75 ; rapeseed, IDi
85 ; maize, 87 ; sod sundry, 175 qrs. Forma Wee, 119 ; 100
linseed,3,7oo ; rapeseed, ,9,120 ; maize, 4,700 ; and sundry,
150 rs. SI.
Erqrorre.-Osts, 150 • tame, 10 ; linseed, 300; oilseed, B*.
12,886 qr s. ; and four, 17 awls.
0171,11.1181 PRIOR.
11061481.
Po Qr.
Winn. a. s.
Nom Le* rid, aid 64 to 601
new 86 to 46
Be. while, aid II to as
„ new 88 to 60
Norlofftsnd Lincoln

The thirty-second annual meeting of proprietors
was held at 1 o'clock at the bank, Ihr t,
Sir Iwo FARQUHAR, M.P., in the chair.
The following report was presented :
" The directors have much pleasure in submitting to
the proprietors at this, the thirty-second annual meeting. I
the accompanying accounts, which show the profits of
the year ending the 16th of October, 1865, and the
position of the bank at that date. The directors feel
enured that the profits exhibited will be regarded
by the proprietors as satisfactory, especially when
it is considered that they have been earned in
the fame of increasing competition, and under the dis-
advantage of • drought of unusual severity and duration,
which has prejudicially affected the pastoral and com-
mercial interests of the Australian colonies. The directors
are enabled to renew the expression of their
undiminished confidence I. the stability and pros-
=lf the bank, and the progress of the businees in New
. By the lamented decease, in the course of the year,
of Mr. Oliver Ferrer and Mr. S. F. Megan, both of whom
held seat' in the direction from the earliest formation of
the bank, the directors have been deprived of the services
of two esteemed end highly valued colleagues. In life.
Ferrer the directors have to regret the loss of a colleague
whose serykes at different periods of the bank's career, it
would be difficult to over-estimate. Two vacancies
in the direction have thus been caused, which will have to be
filled op at this meeting, in conformity withthe provisions of
the deed of settlement. The period Las now arrived when
the whole of the new capital participates in dividend ; and
the directors are glad that it is in their power to continue
tbe rate that has been paid duriog the last three years. They
ham accordingly declared a divided on the whole capital of
1,200,0001., payable on the 17th of April nest, at the rate of
6 per cent. per annum, and a bonus at the rate of 8 per
one. per annum, both free of income tax, being together at
the rate of 14 per cent. per annum, or 21. 16e. per share for
the half year.
The Cesarean, in moving the adoption of the report,
observed that although the capital had been increased from
205,0001. to 1.200,001. they were yet enabled to divide 14
per cent. When they last met the board could not
speak confidently with regard to the bank in New
Zealand, but they were now in a position to do so. The
only drawback in Australia was the want of rain, but from
the last advice' they learnt that the drought had ceased,
and the great advance in the price of wheat Toed....
of England would replace any loss which might have arisen
from the drought. On the whole coedit bad been well
maintained. The general programa of the Australian 0010-
Me was most satisfactory; and there were now no less
Men 2,000 miles of telegraph% oommunicat ion.
As regarded the state of political feeling in Melbourne,
the bank bad nothing to do with polities. That bank de-
clined to accommodate the government without the usual
formalities, and the board bad intimated to the manager
their approval of the alum he had pursued. He after-
wards ootigratilated the meeting on the termination of the
New Zealand war end the discoveries of gold there.
Arranpmenta had been made for establishing a
book at Wellington, the new seat of government. He can.
eluded by adverting in terms of enlogy and regret to the
decease of the two directors mentioned in the report. Mr.
Oliver Ferrer and Mr. S. E. Megan, and stating that the
board bad recommended to supply those vacaociee, Mr.
Dervil, a gentleman who had been connected with the
Australian trade, and Mr. Whitman, of the firm of Bedell.
gust and Co.
Mr. W. HOTLY seconded the motion, whiett, after a short
discussion, was adopted.
A SHIREROLDER observed that one of the directors of
that company was a director of the Joint Stook Discount
Company, and in his opinion he ought to resign._ (No, no.)
Another Snemenowart observed that they hadoomethere
10 consider the affairs of the Australian Bank, and not those
of the Joint Stock Discount Company. (Hear, bear,)
Another SHARI:HOLD= agreed with the one who intro-
docei the subject that Mr. White ought to resign. He
did not mean to say anything against that gentleman's
bomber, tut there had certainly barn great negligence.
The Crumble:4 remarked that Mr. White was chosen
three years ago because he was largely connected with the
Australia trade, and during that period he had
shown himself an honourable, highly-cultivated man, and
well-acquainted with business. Under these circum-
stances, the board could not desert him. The Bank of
Australasia had not a single sixpence of liatility connected
with the Joint Stock Discount Company. (Hear, hear.)
A SHAREHOLDIR did not doubt Mr. \White's honour, but
they might not to have any direotcr with respect to whom
there was a breath of suspicion. (Cheers.)
We 8. JOHNSON concurred with tbe last as regarded Mr.
White's honour, but still thought that he ought not
to remain on the board. (Cheers.) He himself was a METROPOLITAN OATTLB rumor
shareholder in the Joint Stock Discount Company, having (THIS DAY.)
bought his share' at a large premium. We lave a large amply of beast., especially taking into
A rinenzeotnea deprecated the matter being car- consideration that many are prohibited from coming by
TIM any farther after the chairman's explinstion' as •
recent legislation. The effect of increased supply is a very
that would probably damage the interests of the company. siderabie reduction in price ; we quote ss. as highest
In his opinion it would be best to leave the matter in the I price but overeat lots of choice descriptions have been
heads of the directors. No doubt it Mr. White felt himself I ougitt under that price, Sheep are also more
chargeable in any way he would be induced to resign. plentiful and there is a coesequent reduction in
Mr. HAMILTON, a director, beycgultehe meeting not to price, although bad qualities are tbe nwei pare ready
Pressunnueotiothenb°44with to
o anmtrither sacrifice
coy. on account ofdisposed his I of. Calf trade is about the same am on Thursday.
From Ger and Holland there are 3,080 beasts ; 16,170
A SHARZHOLDER amino* that Mr. Whites name ap- shoe • 169- calves,and 106 pigs, France, 410beeate. Scot-
razed in the list of directors of the Joint Stock Discount lgairin bout, ;
90 ; and 290 from Norfolk and
"enemy for July, 1865, and was omitted from that of
January, 1866. He should like to know when and why "7,6; one et gm. a. 4. a. d. ps, isam of ow. d. d.
be deserted the ship. (Odes of " Mr. White.") ! Doe Beres. Dereldr. 410 6 • Bed Des& /11-edsilh 410 5 2
Another SHARZHOLDIR wished to know whether Mr. Bees ft./seems 4 6a to Dui lastereois.... 5 4 5 9
White was s director of any other company. He believed letwal teal. bosses 3 0 0 Do. ito. Men 44 8
that the mischief refs reed to arose in • great degas from I oaten
the the
of directorship. rip - 00 0
00 0 0
WH/TI said, in reply to • question jest put, he ; ea16Da1a11n226626 6 6 2 iambs
'withal to say that he wee connected with Solider= Ileada a 6 °ark"' 4,161); slag sad lambs' 144613; alas"'
Insurance Company of Melbourne, and with that only. 113•; Stik
A coseultatios, which lasted for two or three minute.,..._ BOROUGH HOP IHARKET.--(THIS DAY.)
ben took place between the chairman and some of I x natoodea and Smith report a continued steady
other directors • after which,
• ' &mend for taro Son
prlom ruling firm at last week's
The Onallinalr observed that there wag amendmentimotaatotta. nimbi of too demi/WOOS are extrencely
Wore the met*. Ainised, and *summed ratherhigher :atm.

..... 88.
Pr MG NO
OAIII. U. S. sal
Score=
lztib
38 lo 3 DA
21 to 18 vs
„ kirk
MAL 1.00
11323111r11886) 32 to 23 Ho
Tick St to 38 Ho
rianow ---- 3B to 10 so
P.m 32 to 42 si.
PM& 20
4Mitio BB to 22 20
38 top as.
bailor

- -

Matting
IS to 21
&WIN l2
MALL _

asarefolk, inad
Id 80 as
limns
88
Kingdas and Wars
48 68 to
to er
Zit .

Tows par NM
to =ado,
Do.
1
Itoooshold 37 to n too l

New

etas, toed II to 27 1
1
. potato 2B to EP
asotab, teat

Country l2 to 27 '4
Nagar and Suffolk, 10
oz ship 22 to at 5.,.

Par-41.7
Wiikt. I. I.
Dodd° awl Louie
ben 64 lo 68
Rostock I lleolika•
..
__

Forge.

Oint s. a gm
Danish sad Swedish 22 to 26 60
Wanda*

Cl= 44 to 56
41 to 47
Zomba. hard
PP ten
AMOUR/11. red ..
.. white
_ __ BLUM

Dumb - is t• 42

sows= 36 to W R.
Pau. et.
= l5 to 86 to
36 to 38 3t
Maw OM. 3►
White 3l to 36
Tallow
____ 3l to 86

______
GOMM( 22 to rrl
Distilling
Halting
Ong.
_ . _

lareak, per ;e7i7... as to Se
Spanish, . .. 33 to 110
♦salaam, Pt bet .. 16 to 30
Csaarliaa. „ .. IS to 30

Data rewbrr..... 28 to 181
hull= -• • 12 to 2.
ALEIVALB Or OWN, aO., 11]
WATS& CA/MAGA MOM
CLOBIVg.

PTO LONDON, BY LAND AND
MAWR 10 TO MANCII 11, LN-

i 1
WltaeLqrs. Barley. Ilil
Qn on.t. Oar. 344kaa
QR vs. Nadi Ytotar biL .6.
imegala ... 9966 Sidi 0341 1 915 513 .. 1949.5
Irish ... ;no ii .... .• .. ..
?magi .. iiii 5627 .... n so •• Mt, 11381
. 19740 9996 , 0358 945 513 1392 22470

LIVERPOOL COTTON MARKET.
(THIS DAY.)
(BY lIMOTRIO yarn 13111131 NATIONAL TISLIOWIL)
Mon son own conizerotermsr.)
The market very steady. Sales 15,000 bales. Specula-
tion and export, 6,000 bales.

MLNCING-LANE.—(THIS DAY.)
Suns.—The market for raw has been inactive since
Friday lent. Refined—Prices of dried goods continue to be
well supported, but pieces and wet lumps are dull of sale
at easier price'.
Cont.—The market is firm, but quiet.
TU.—There is no alteration to notice, the demand still
continuing limited. The public lades are postponed to
Wednesday.
Rom.—Business has been done in Leeward'., at a slight
decline.
Itice.-3,0120 bags of soft grain sold at full prices.
PIIPPEL—A parcel of damaged Singapore sold at 33d.
for first clam. . . . . .

Corrog.—There has been a very brisk market since
Friday at Id. per Th. advance on the prices then ruling.
Hair.—The market for Russian is firmer; 331. sow
demanded for St. Petersburg clean.

TALLOW MARKET.—THIS DAY.)
The market id steed! at the following priors :—Town
tallow, 495. 6d. ; Petersburg Y.C. on the spot. 60e. 6d. ;
March, 50s. 3d. to 50s. 6d. ; April to Jane, Ws. 6d. ; Oc-
tober to December, 51s. 3d. to 51s. 6d.

PARTICUL►U OF TALLOW.

- - -
NU 1915.
- -
Stock on hand this da4.. teaks 45,258 55,579
Delivery last week
Ditto from Ist Juno 69.037 64,915
Arrival WA weak 671 1,015
DIVA from tat huts 75,016 82,047
a. d. d. a. d.
Prk•Y.C. on iamt this day 43 9 42 0
Ditto Town laid Friday 16 9 43 9

Isd& 1866,.
41,839 34,293
1,544 1,572
78,913 91,239
394
76,791 91,099
4. d. d. ad.d
40 9 50 6
43 9 152 3

Arrival for dee week feedbag 17th Mardi lase
aad delivery. MO mica.

year, 180 tasks :