The Express.
London, England, 1858-01-15 00:00:00

IKE EXPRESS, FRIDAY EVENING, JANUARY 15, 1858.

parliaraint, that ula east oat his cab Ise mat pat . the
piste, ski s& M was to ba angind lir prints romans.
11r. Darns. mid 11 the e vas a( tit*
amid drive his Nair abs 4 all day if ta
ht. chow air
aural kin this tins with a natio&

hie own badmen He ism many infinential pillow of high
etaadiag is the eonuneraisl world who were reedy to jai
the airman, se soon es the bank gota litde moan
hat et present Om rather hold heck with the view
of the movements of the proprietor% sad NNW
whether *ay )
wore determined to boll together. (Chore
'ad leaglitir.
The waft that saareted.

LONDON =MUM COMPANY. (2 DAY.)

Mil Moraine okkedraindry genera meeting
of the sherekeikre in ads oceopeay, wawa ke the pur-
pose al wedelns ea awned of the emmieWe wisdom to
the 31W of December,
_took pleas at the lam Tam,
Sisk„eggpioctreet. Aldermen PDnzus mewled the their.
W. WOOO oce a, the iserelen, reed the report, which
in our column' yeatorday.
Offs. the adoption of the 'report, mid
pared in review the rim mid program of the oats-
pony. This compauy had been tending for twelve
months, and fa the coons of that time ita
had attended to the large areoust of 6,10 r sfni
which bails had natured te 4,1006., sad to the Slat
of December they had bills WI not matured to the amount
972,0001. They had had st difileulties to coated with,
core bat with end maths had pared through them
soweasfully. The ace:mats bees from le awl
cord olly serutiethad, and he thought he Wale
that leaking at the nature of the trade sad put expeekDoe
that the property wear oafs that day se when thew caw
manoed bushier. It they
be said that the directors bad
refused many bilk that they ought to have takes, but kem
the Arse they had a solemn obligation—the charge it the
Prof the shareholders, and this most be their maw
etIASSIOLDIII espreeeed his gratification with the
malt at the company's operations, but objected to the
reeocaimmelatka that no dividend should be declared.
The mounts showed a surplus of 10,1281, of which
6,6001. wee reserved for losses, and he suggested
that out of the balanos of 4,6281. a dividend of two per omit
should be declared. This would leave 1,0684 and out of
that rum he would recommend that 6001. should be gime to
the director, es remnaerstion for their 1111r7k4115, which would
still leave them a surplus of 6661.
Another 811.11/LLIZOLDIS praised the director for the ebb
meaner in which they had brought the company through the
difficulties of the late oriels ; but reworked, in refermios to
the observation of the reCtota speaker, that they Two not
in a coodition at the present time to pay a divides..
Mr. CLAY, M.P., fally acmourred in the praises that
bad be= beeiewei the directors, bat wee of opinion
that tie prelim sbealdbare boa divided. He also concurred
with the gratiemme who =idea the serviose of the directors
should be kr, as be cowiaired that those who took the
of wassipag his Whirs should be reentineested,
be abeseved dog woks that were not well paid
Sr WS wow wed prfamsd.
After seem further ommuados, the mod was adopted.
Mr. Ponovicist, pwomat to notice, moved that the
meeting take into etwohkeetioa the propriety of dissolving
the company. lie omirmad that the company had not met
with the mixer whtre was atticipated at the commence-

mat. Mr. Somme IssludidL:
Mr. CAZZNOT■ nesumaisl they should make tame
whams to the Nationel Discount Company, with a view to
smaissanstke.
Mr. Pauttricurt wail willing to withdraw his motion if
C
the suaestlea far mmeigeimating with the National Discount
mese estssatimeL 44'21h•PaaJKATEINAN TY for the shareholders to deter-
ads whither as sinigmailat should be proposed. He
wee very madam dr on of their company, sad he
would SO the rawstlag that hap dividends had ben the ruin
of pall& amulla.
A vote of thanks to the chairman terminated the pro-
ceedings.

NEW 48YLUM 701 74771ERL188 CHILDREN.
This morning •genera meeting of the above
charity wee held at the Lesion Tavern, for the pupae of
empowering the board to take a lose on mortgage in favour
of the new asylum now eventing at Conleden,
war Croydon, and to else ten children from the Hat
of candidates. Mr. Alderman W tan, who in the absence
of Sir S. Y. Pato wee celled to the chair, explained the
°bled of the madam and amid that the money neoresary for
ourying on the building had been got, but the person
who gave the money had not got his security. The
beard wanted to get the sanction of a general
meeting in giving that security, in fact to reify
what the board had already See. With thls view two reso-
lutions had been prepsred, me authorising end Numbing the
board to borrow the sum of 6,0001. at interned fa the pur-
pose of fleshing the erection of the New Asylum and to give
the piety advancing the money a mortgage on the
's land at Bmitham Bottom. in the County
of ; the other authcesing the ace and
brenster of some of the sodetja land, near Coole-
d's, to the trustees of the Homital for Incurables
for 2,6001. Both resolutions were adopted, after which the
poll for the election of the ten children was proceeded with.

SHARE LIS7S-THIS DAY

Two o'CLooK.

The railway share market to-day is firm, at the
late advance. London and North VI eaten stock
continues in great request, and has risen to 1001 to
101. Great Northern is also very buoyant,
and has advanced to 2.5 t to 26 per
share. Great Western is rather Satter,
at 611 to t ; Midland is quoted 941 to t ; Lanca-
shire and Yorkshire, 941 to t ; Eastern Counties,
ISt? to t per share ; and London and South Western,
49 to SO. Brighton Stock has again advanced.
oreign and colonial shares are generally steady.
The Indian stocks are now quoted minus the half-
yearly dividend.

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A CURIOUS Omnicl.—The Minister of Marine,
says the Phan ilk la Mange, having learned that some
Fres& &hareem =thine to purchaas their Ash instead of
fishing foe It %smasher, evey on the Raglish meat, has
decided that mat so olfendhsg shall be compelled to enter the
err** of the slate foes Tea time, and shall besides pay
the penalties to which they are liable tinder the dame of the
9th Jan. 1862. , _ _ _

—., ---
PRECEDENTS TOE HOLIDAYS.—The 10th of Feb-
ruary, 1840, wee observed a • does holiday in England, In
honour of the marriage of the Queen. In like manner •
day wee set spirt la February, 1842, to celebrate the chris-
tening of his Royal Highness the Priam of Webs, boa on
the eth of November, 1841. Both holidays were generally
observed, although the time of year was most unfavourable,
February being zotorionaly • meet disagreeable month for
out-of-doer amitimments.
&smolt Thurs.—A deep gloom has just been
spread over some of the primal families of Lincolnshire,
by the awfully edam death the wife of Colonel Thomas
Chaplin brains of Chaim Chap., Bat, of Blankney
Ike
wife Lincolnshire leallowner. The colonel
and his •••• on • Ain to Sir Robert Shot-
flea, BM, et Nonsenby Perk, North lAacchmhhe.
and ea theft het the whole party attended divine
melee at Go gad& ehaoh. The lady seas
tursoeft es mil at ao cheerful am anal, end In the even-
Mg he* payer. About four o'clock on Monday
moreing the soloset was awakened by hearing his wile give
a sharp shot eengb or green; he at once oat of bed
and mewed a EOM, nal to. his hum at
grid he found GM Gre. Chaplin woe assepea. The detweeed
whose naafi was Miami Guy, desubter of theists William
Beek, loo.„ Lendhohke, nokried to the seind k
lath As Ilsateamagailmal inn
tho (kink the cooked
served in 80% the Nednehade, ead loom and was dan-
gerously orkeded at It Sebastian, ca the slat of Magnet,
1813, and far this a perks vas sworded to him. la the
whinnied GIS and UN hs gepookid tbo bumph of
Brandook but In 11111 he was dldWed by the light Hon.
C. T. Ifogentt, of Darode Maser, she woe ausegnestly
masker der Lake.. The eider a_ upheld hie rat for
Otendlord k 1231, butt radi In GUI, on the oreades of
his regiment gang sat to Osmols. The gallant gentleman
accompanied his reghatet. —lfeNkspArtas Review.
ANNUITY TAX.—A conference with the
memben of parliament for Illdlabetrgh was held yesterday
(Wednesday) evening in the Royal Hotel. The chair was
taken and the meedize by Male Grieve, after
which Mews. stated their
views ea to the course pegs, Ite pail the
session of parliament. -Abe • hostbmil dimnideo=
In by moot of the paths= present It out hind that a very
unanimous opinion was held m to the poindphe which ought
to be embodied in any bill to be brought before parliament, sad
1 sloe as to the course which it would be Inembent to follow
in order to secure ultimate emcees. The rosin features of
the measures peoposed woe the total etelftlan of the an-
nuity tam, and the transfer to the aura ditto whole mole-
'Matted property, including the rights at patronage; the
city churches, with their seat-rats; the room' of the re-
stnctions affecting church-door celloottone ; the retaining to
the clergy of the revenue from the port of Leith ; and the
don of the vested ?this of the present incumbents.
preservation of the vested rtghte of the present incumbent..
It wee lly determined, emotion made by Mr. Harrima
sad semailed by Connoilloractliele, that • committee, °Desist-
' fag el the membere for the aityareimil:mers. ICLaren, Fyfe,
Waftrs, Peat, be
_ wed Herr, be Mated
to home resebethiss,
°Aden on only dor_ eed that thereafter a bill founded on
them roooktiene deed& be brought into parliament, and
premed meemdttlegly ea the attention of parliament and the
goknemeat, MI sub time a the grievance complained of be
rodremeed.—Bdioirph Chweset.
Tax CRINADI AGAINST LONDON LIIIIOItALTIT.
Teeterdsy an adjourned oodweace look plena, at the dilate
of the Society for the inggremion of Vice, Lincoln's-inn-
fields, between that body amid a number of metropolitan paro-
chial authorities, eitegymen, end other; Interested in the im-
portant questim, ft. ifteperpose of considering the hese.
that eould be takes he Go el immorality y
exhibited in the serest@ of the metegoolls. Mr. James -
mont, a member of the misty, presided ; and amongst the
present were the Bildse if Et. James's, the Rev.
Cr ;Cs. Itolap ; Mr. Chorchweeden Ones, of that parish; the
Bev. G. W. There'd, reeler of gt fifleire ; the Rev. J. Oar-
nise, else of the mob= of Bt. Marylebons ; Sir J. J. Hemil-
toe, Bart.. chumememin of that parish ; the Bev.
Professor Marks ; the Rec. J. D. Doyle. of Wormatershim;
the Rev. Mir. Verses, betuabent of Seaton, Surrey;
Gress, Ws M.P. for Lancaster; Mr. W. Sarni, fur-
pow Mr. Spencer Wells, and Dr. Wright After some
disculaion, the pobstment of a deputation from the leading
metropolitan perishes to wait on her Majesty's government,
and request that immediate steps might be taken for putting
down these prectices, was received upon ; and also, " that
molt deputation be instructed to urge upon the government
the following measures, whereby it te believed I hat the evil
complained of may be effectually controlled : —I. The en-
foroement upon a systematic plan, and by means of a de-
partment of police specially appointed and instructed for that
purpose, of the provisions of the 2nd and 3rd Viol., c. 17, in
reference to this matter; 2. For Pelting am ad for Y.?0,121:1
and placing under proper regulations ea to supervision
closing of ail houses of entertainment, or fur the supply of
refreshments, intended to be open to the public after • me-
lain hour."

LICENSED VICTUALLERS' ASYLUIC—The annual
ball in aid of the fends of this asylum took 'place last night
at the London Tavern. The arch of invitation staked that
dancing was to welcome., at eight o'clock, and noes after
that hour • quadrille was formed tinder the auspices of Kr.
Frampton, who most efficiently dischatgeri the datives of
matte of the ceremonies.. From that hour the dances fol-
lowed ia quick momesion up to twelve o'clock, else& a break
took place for sappy. Dancing was thee resumed and kept
up with aaabayd vigour to a very advanoed hour. The
bead was nadr the direction of Mr. Adams, who wielded his
baba in a most satisfactory manner. The members of the
committee were untiring in their exertions to promote the
costal and eejoyment of the guests, and the raftealumeas
supplied inn each as to support the regratatios of the London
Tama.

WYPiTLfOIT PREPATIIENT OF POSTAOI ON
L 107121 70S 71IS COLONIZB.—OD the Ist Febrsiny Sent
sad thswelbrward, the wen of
will be exteaded to ell latt=l=7:rhe
colonise :—/dell a, Gibraltar, Hoag Kong. /410Mial. Antigua.
Dinarara, Berta* Bahamas, Madam, Dasaimien_bfant-
vw*vt, Nevin at. Vincent, St. Lode, Bt. Nitta, Tortole,
Tobago, Canneets, Grenada The pottage alms of lettere
posted in the several °amiss se
several addressed le the
United Kingdom, win be required be be prepaid by the
eenders—By command of the Pestamaster•Oenend, Return)
Btu, Stemear—Generel reanaffait, lan. 12. Mt
LONDON, BRIGHTON, AND BOOTH COAST RAIL-
WAT.—Ws are Wormed by Yr. Might, ths weretary of this
company, that the eosettels for the pest trifler baring
been =balite:l to the eirectore,_.tbey as del s 'Pm 76-
enevereetate the payment at • givimits fhr the half-year of
31. 10.. per cam. re the woseliianid Week of the compry,
making the total dividend lisr the rer 11187 MOORS tog per
oat.

MONEY MARKET-THIS DAY

Two o'CLoox.

The funds to-day are quiet, and somewhat flatter.
Prices are now quoted k per cent lower than
at four o'clock yesterday. The share markets
are also quieter, but several of the English railway
stocks continue in good request.

Consols are now quoted 94; to ; for money,
and 94; to j for the 4th February. The Three
per Cent. Reduced have been dealt in at 94; to 94; ;
the New Three per Cents. at 94; to 95 ; Bank Stock at
222 to 224 ; Exchequer Bills, at 20s. to 255.
rem ; Exchequer Bonds, 1868, at 100 ; ditto.
1869, at 99; to 99; ; and India Bonds , at 6e. to
16e. prem. . . _

Txrkish Six per Cents. remain quiet at the reduc-
tion which was established yesterday afternoon. In
other foreign stocks the transactions have been
upon a limited scale.

Sales are recorded u follows :—Auatrian Five
per Cents., at 911 ; Bruilian Old Five
per Cents., at 1001 ; Buenos Ayres Bond',
at 96; Dutch Facie per Cent. Certificates,
at 99} and 99 ; Mexican Bonds at 201
to 201; Portuguese Three per Cents., 1863,

at 44: ditto for account (29th Jan.) at

441; Spanish Old Three per Centa., at
41* ; the Pamirs Bonds, at 54 ; Turkish

Six per Cents., for account (29th January),
at 981, 981, and 981; ditto Guaranteed Four per
Cents. at 1041.

There are numerous indications that the down-
ward movement in the value of money will not
be arrested at five per cent. Indeed, the quo-
tation in the open market is already far below
this rate, good bill being readily discounted
at four per cent. In more exceptional cases
transactions take place in choice paper as
low as 3} per cent. The supply of eligible bills is
greatly restricted, and all the banks and other
holders of money find extreme difficulty in employ-
ing it. At the Bank of England itself the demand
yesterday was as slack after as before the reduction
in the rate. Meanwhile the position of the establish-
ment is stronger than for a very long time pest.
Owing, perhaps, to the magnitude of the amount of
coin afloat in the country, an unusually small quan-
tity is believed to have been withdrawn by the
dividend claimants. The effect of the influx of
bullion from abroad thus remains uncounteracted

even by this temporary domestic drain. As
regards the reserve, it is known that large
repayments are constantly falling due at
the Bank ; and, at the same time, the market " out
of doors" is so full of money that there is no possi-
bility of absorbing the important additional sums
released in the shape of dividends. It is therefore
clear that a great portion of the money nominally
released by the Bank will really be retained there,
ea " other deposits." The result of this extraordi-
nary state of things will probably be that even the
payment of so many millions of dividends will not
involve any drain upon the Bank. The inference
irresistibly suggested by these considerations
is, that the Bank rate of discount, despite the
well-known repugnance of the directors to hasty
movements, must be reduced, at no distant date, to
four per cent. When that event takes place the
value of money in the open market will probably be
still lower.

Whilst the tendency of the money market is thus
favourable, it must not be overlooked that numerous
intending borrowers are awaiting their opportunity.
Money will be wanted by the Indian government;
negotiations for a Swedish state loan of 600,00 W.
are understood to be actually in progress in this
market ; and the launching of several other foreign
state loans may be shortly expected. Then,
the number of foreign railway undertakings
in preparation is considerable. One of the
first to be announced will probably be a Brazilian
railway, in the province of Bahia, with a capital of
1,800,0001., and influentially supported. A great
Algerian railway project, with a guarantee from the
French government, is also on the &pie, together
with other undertakings of importance.

In consequence of the alteration at the Bank of
England, the London Joint Stock Bank, Union Bank
of London, London and County Bank, City Bank, and
Bank of London, have all reduced the rate of allow-
ance for deposits to three per cent. per annum. The
London and Westraiorter Beak sloe elle, three per
cent., u announced yesterday. The Commercial
Bank have decided to allow four percent. on old
deposits, but will probably reduce the rate for new
deposits to three per ant. to-day.
The leading discount establishments have lowered
their rate for money " on call" and "at notice" from
41, to St per cent.

. . .
The amount of gold purchased by the Bank of
England yesterday was about 80,0001. The bulk
of the 200,0001. in gold ex the Teviot has yet to be
sent in.

h the Stock Exchange yesterday loans on govern-
ment securities were obtainable at 2 to 21 per cent.,
with few borrowers even at these low rates.

In the railway share markets there has been a de-
cided revival of activity and considerable buoyancy.
The half-monthly settlement in shares and foreign
stocks has been effected with unexpected facility,
owing partly to the increased disposition of holders
of money to lend open these securities, and partly to
the fact that bond fide investments in the preferable
railway stocks have been considerably stimulated
during the lost few days..
Exchequer Bills continue in great request on the
part of bankers and others anxious to employ large
balances, for which no other eligible medium of em-
ployment can be found.
The steamer Alhambra has brought 13,88.51. in
specie from the Peninsula,
Letters for Australia via Marseilles and the over-
land route must be posted in London to-morrow
evening, and those for Bombay on the evening of
the 18th.
The stoppage is announced of Messrs. Biahop and
(inning, of Cannon-street West, described as whole-
sale and export stationers. Their liabilities are said
to amount to about 50,0002.

The prod ace markets yesterday. were generally firm.
Sugar and coffee realised full pnoes. Tea was quiet.
Russian hemp was sold at a reduction.
A case in which the financial character of the
Neapolitan government is seriously impugned has
come under our notice. The circumstances are ea
follows. A large mercantile firm in the City of
London, having occasion to draw upon the Neapo-
litan government, 'sent the bill out through their
bankers for acceptance and payment. It was not
until the bill had been left for some days that their
agent succeeded in getting it accepted, the excuse
being that the minister was absent at Gaeta, and
that there were "no orders." The bill has since
fallen due, and has not been paid. It is significant
of the sense in which the freedom of tho subject is
understood in Naples that no notary dares to protest
the bill without the express sanction of the minister.

The forthcoming dividend of the London,
Brighton, and South Coast Railway Company is
officially announced at the rate of 7 per cent. per
annum, making, with the dividend of 5 per cent.
per annum already paid for the first six months of
1657, a distribution at the rate of 6 per cent. per
annum for the whole of that year. For the latter
half of 1856 the dividend was likewise at the rate of
7 per cent. per annum.
It is also said that the forthcoming dividend of
the South Eastern Railway Company will be Hs. to
14s. 6d. per share.
It is reported in quarters usually well informed
that the forthcoming dividends of some of the lead-

hag railway companies for the lut six
1867 will be as follow :

Great Western, at the rate of Per teal par aunt.
London and North Western l6l
London and South Wester 6' to 64
Midland 6
Caledonian
Lanoaehire and Yorkshire
ra
North Banters—Harwich
Ditto—York and North Midland
The Lancashire and Yorkshire railway traffic
return shows this week a decrease of 3,6211. (ex-
clusively in the goods traffic) ; the Manchester and
Sheffield, a decrease of about 6001. ; the Midland, a
decrease of about 1,0001.; the South Eastern, an
increase of about 6001.; and the East= Counties a
decrease of about 2001.

We understand that the subscription for the
100,0001. New Seven per Cent. Debentures of the
Netherlands Land Enclosure Company has been
completed. This fact will be recognised uof the
highest importance to all interested in the under-
taking, the completion of which is thus assured.
The position of the market for American securities
is thus noticed by Messrs. D. Bell, Son and Co. :
There is no particular chinas to notice in the market far
American securities dining the past week, and there has
been only • Tay limited business doing, but the transactions
generally have been at improved prices.

TIIMILIDAY svistnre.
The funds opened this morning with firmness, and
a fresh rise of i per cent. was for a short period
attained. Subsequently, a relapse took place, a few
tooted fide sales being pressed, and the 4 o'clock
quotations were the same as those of yesterday.
After the regular hours, a reduction of i per cent.
was quoted, owing partly to vague rumours that
unfavourable news has been received from India.
A report that the forthcoming Bank return will be
a very favourable one tended to support the stock
markets to-day.

"MR WNW&
10,903" t eakcJui
ITN " "-- ear
ll
rf
111" • Ml* Serb •
MIN Okalindliegstlui..
Avalmblib. mai IS
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NOW Ossisalmiewttsabil II
wog lAsolgoggegogis. all
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Vls tow INS WNW... •
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I IS all
WIN gsolosii g IS
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imie si omit antriiii-
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moo too Usk, Mug. .
10 Wont. Bea of Lair •

---
1 1 Atlaada Sol. (Lbano4 an
00,0 21, Aususllsa 44mlaafteaL 10
10, 1. kairallia Mani /14/1.- in
U.OOO I. WIN Wilarwalis ~.... all
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111410 1
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all
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11.110 Mello/ode LaaL.„...... 11
11,110 111 Da, 110............ all
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114,000 I • Dee .......... Y 1
1141104 1 De. "am alone- *a
KM 1 Piallkodyallllll=lol all
KOOS 60 Paalmlifabold Nom all
10,000 Da Nov -.............. 10
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110,010 14 Ds. n0w........„.„„ in
1,000 100 1110putta1110N0i......... 40 I
4
11010 1. AWN; !nista au
14.100 116 Annaba WA.- in
MON 1 Idag. ..can
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111.M0 I_A_ _ illatloll. an
MON ft TholfgailnayM.o4a. 6
IS A* 1 • Yr Illorial. Laad1...... 116
101,040 It 111.1ada Dei5.......... 100
MAIO 101 De.Sfay ...-............ 14