The Express.
London, England, 1867-04-04 00:00:00

PROVINCIAL SHARE MARKETS.

!minor, APRIL 3.-Baiss today: Caledonian, 100 ad
great Rastern. 271 11 2 1— Great Western. 41 i! 1 404
Lancashire and Yorkshire, 1211 1 —Loudon and North Western,
1101 11 1 Manchester, Sheffield, and Lincolnshire. 47 81 1 1
wa—Metropolitan, IN 171 1 j e I—Slbliand, 1131 1 13—Mbl.
Birmingham and Dert.y, £22 convertible. p.—North
I ;rl.7fah, 311 1 4—South Eastern, 871 1 1 1 1 I—Mitehaven and
]Mmes, 411—Manchester, She Meld, and Lincolnshire £lO re.
deernabla IS per cent., p—Bittenhead, BS—North Union, B, 152
—Buffalo and Lake Huron. 4—Great Western of Canada, 131
ratted States 5-20 Bonds, 1502, 751 6—Great Luxembourg shares,
915-16—Sambre and Meuse, 61 a d—Lanaublre Insurance, 1 p.—
Royal Insurance, 21 p.
MANCIIIRITZIL APRIL i—The market was flat, but a moderate
general business was done. Bolckew, Vaughan, and Co. Li.
tufted), 71 1 8 (I—District Bank, 17 p.—Ebbw Yale Co. (Limited,,
161 d.—Oreat Eastern, 274 1
--G 1 1 1 I—Great Luxembourg,
9 15-10--Great Northern A, 121reat Western of Canada,
1311.18—Great Western, 41 1 1 1 101 I—Lancashire Insurance,
9la p.—lancashire and Yorkshire, 1941 I—London and North
Wegam, 1161 1 I—Manchester, Sheffield, and Lincolnshire,
4717 e
&MA4 I—Metropolitan. 1171 1 1 17--Midland, 1131 13—
North , St/ 1 4—South Plates, 071 41 1 1 }—Stave-
ley Coal and Iron Company ,Limited).ll p. - Thames and Mersey
Marino Insurance 'Limited'. 3 1-10 p —Glasgow and South
Western, 1081—Birkenhead, tie}.
BIRMINOHAN, APRIL A—Business done: Birmingham Canals,
at ; and Imperial Continental Gas, at 05 per share. Closing
price': Warwick and Birmingham Canal, 44 to IS: Birrninglueo
Joint Stock Bank (Limited 301 to 201 Lloyd*, Bank Limited .
71 to 71 pram.: Birmingham Financial , Limited . If to 11
dia. ; Midland Financial Limited , 11 to II ills.; Birmingham
Alliance Fire Insurance Limited , Ms. to par ; Birmingham
Wagon (Limited', 101 to 111; Railway Carriage Limited .
tlolo dbu
dia.ry„ 1 1-16 to 13-10 prem.. and Menu's Metal , 21
11

11081nt, Senn, t—Three per Cent. Console, 00(—New Three
per Cent. Stock, SS/ 84-11Itto. tor account, loth April, 88—
Ditto, for new account. 89 +TA—Provincial Bank (grit paid),
89—Royal Bank ,LlO paid), SA—Vision Bank ,Limned', (Zl2
paid), 13--Cork and Bandon paid:, 10.

Dstrracass TURN-VEREIN. Last night this
society, which It may be as well to explain is a German
gymnastic association, gave a " display and assault-at-
arms" at their new hall in St. Pancras-road. The friends
of physical education will be glad to learn that the
energetic propaganda of tho " turners" is leading to very
satisfactory results. Since the establishment of the
Verein in 1861, no fewer than 3,16 i persons have become
members, of whom 896 were admitted in 1865 and 987 in
1866. Of these 499 were Germans, 1,2113 Dullish, 67
Scotch, 11 Irish, 11 Welsh, 14 Dutch, 4 Minns, 2
Norwegians, 3 Swedes, 1 Rum, 30 French, 6 Spaniards, 5
Italian., 1 Greek, 9 Rimini', 3 Hungarians, 2 Poles, 3
North Americans, 8 South Americans, and 1 Australian.
It will thus be seen that, notwithstanding its name, the
society is far more English than German. There are
amongst its members 1,232 mercantile men, 22.5 artisans,
(35 jewellers, 50 watchmakers), 119 professional men (4.1
students, 23 lawyers, 20 teachers, 19 medical men).
101 artists (29 engineers, 28 artists, 2.3 archi-
tects, 14 engravers), and 3:1 goverrunent clerks.
It may be interesting to state that while the Germans are
found to excel in the more technical exercises of the arena,
our countrymen bear the bell as regards such plain,
straightforward sports as running or leaping. The dis-
play last night included free exercises, fencing, leaping,
parallel ban, boxing, vaulting horse, quarter-staff exer-
cise, " rock" (i.e., performances on a single ter), broad •
sword, and wand exercises. The proficiency exhibited was
really surprising, and it was impossible not to admire the
mingled strength and grace which characterised most
of the feats. The boxing was of course in gloves, and its I
object seemed to be to chow " the ring" in a ludicrous
light. After the performance • large number of the
members and their friends supped in their spacious club-
room ; Kr. E. G. Ravenstein, the president. in the chair.
The usual toasts, namely, " Germany," " England"
(which Mr. Ravenstein was good enough to say was really
• first-rote country), awl the "Turn-verein," were received
with the lustiest of pdt•htits. The company invited to
witness the exercises numbered between MO and 1,000.
°Kunz PALAcs. Orrs Sarum% DAY.—
WEDNESDAY, APRIL 3.—Admissions on payment, 1,6161
ditto by season tickets, 1,939. Total visitors, 3,57)5.

MONEY MARKET.- (THIS DAY.)

0111 o'Or.oax.

The stock markets remain flat, owing to a pre-
ponderance of sales. British railway securities are
still offered, and show a further important and
almost general reduction. The transactions, how-
ever, are mostly speculative, many of the opera-
tors having taken advantage of the withdrawal
of Mr. Crawford's 111,ti011 relating to debentures to
press some considerable sales. At the same
time the public refrain from buying to
any important extent, pending the announcement
of the views of the committee now sitting upon the
debenture question. The funds are dull, but the
quotations of yesterday are maintained, an
impression prevailing that the Chancellor of the
Exchequer, in c.nsequence of the expiration to-day
of the " Dead Weight Annuity," may, in Unita-
' tion of Mr. Gladstone, announce a scheme for the
reduction of the national debt. Foreign bonds
have given way in several cases, the news from
abroad being considered unsatisfactory.
This being the 4th of the month, the demand for
money is active, and the quotation for the best
three months bills is firm, at 2i per cent. In the
Stock Exchange short loans on English
government securities are obtainable at 2i to 3
per cent. The directors of the Bank of England
have made no change to-day in the rate of dis.
count, but it is thought in some quarters that a re-
duction to 2i per cent. may be resolved upon after
the payment of the dividends on the 9th inst.,
especially if the influx of gold continues larg.e, as
at present.

Consols are now quoted 90/ to 91 both for money
and the 10th inst., and 91 to k for the May ac-
count. The Three per Cents. Reduced ainl New
Three per Cents. are steady, at 89 to k, cx div.
Foreign stocks are (lull, with little business.
Italian Bonds of 1861 have declined per cent. :
Greek, I.'; and Turkish of 1865, Spanish Passive,
the Committee's Certificates, and Russian scrip, 1.
Turkish of 1865 are quoted 29/ to 29 ; Greek,
14k to I ; Spanish Passive, 21; to 22 ; ditto
Certificates, 137.; to 141, ; Italian of 1861, 5:4 to ;
Mexican, 16k to / ; Russian Scrip, 21 to 1 prem. ;
Chilian Scrip, 3to 21 dia. ; and Danubian Scrip,
3 to 24 dia.
United States 5-20 Bonds are steady, at 74/ to
75 ; but Erie Railway shares have declined 1 per
cent., viz., to 37/ to 381. Illinois Central are
quoted 781 to 1, being * lower.
Anglo-American Telegraph shares are steady, at
16 to 1 ; and Atlantic Telegraph Eight per Cent.
Preference, at 3-; to /.
International Financial shares are quoted
21 to A dia. ; London Financial, 19 to 18
dia. ; General Credit, 30 to 4 dia.; Credit Foncier,
61 to dia. ; National Discount, 7,,4 to / prem. ;
and Hudson's Bay, 16k to
A petition for the winding up of the Empire
Assurance Corporation (Limited) is to Le heard
before Vice-Chancellor Sir John Stuart on the 26th
inst.

The adjourned annual meeting of the Oriental
Inland Steam Company (Limited) will be held on
the llith of April.
Day by day, as a satisfactory solution of the
railway problem seems more difficult, and in
view of the fact that the companies find them-
selves compelled to pay more for working ex-
penses, for materials, and now for pecuniary
assistance, a feeling is extending amongst the
proprietors that in self-defence they must have
recourse to an increase of passenger fares and
goods rates. Apart from this, the existing crisis
will be productive of good because it will certainly
check the old and ruinous policy of lavish expen-
diture and improvident extensions, besides leading
to the issue of more candid and truthful state-
ments of accounts by railway boards.
With reference to the Venezuela Six per Cent.
Loan of 1864, the General Credit and Discount Com-
pany (Limited) are in receipt of advices from their
agents, Messrs. H. L. Boulton and Co., dated La
Guaira, 11th March, of duties collected and re-
mitted, as follows :
Per statement No. :t, from Ciudad Bolivar, ;
ditto. No. 4, $1,177.27 ; ditto, No. 5, $16.71 ; ditto, No.
r(108.75 ; ditto, No. 'J, from l'uerto Cabello, ,z. 1,171.75 ;
ditto, No. 10, $.1,344.11; ditto, No. 13, from La Guaira,
f 03,004.43 ; ditto, No. 14, 812,848.24 ; total, ~:;:,,t127.99.
The following relates to the New Granada debt :
Messrs. Baring Brothers and Co. have this day received
a remittance on account of New Granada dividends from
Cartagena of 5171. 10s.—London, 3rd April, Ista.
The mail from Guayaquil has brought a re-
mittance of 1,1671. 14s. on account of the dividends
on the debt of Ecuador.

The amount of gold sent into the Bank yesterday
was 125,000/. making a total of 308,00 a since
the date of ;he last return, while only 19,000/.
has been withdrawn in the same period for ex-
portation.
The Tanjore, from Alexandria, has arrived with
3,0001.
The shipments of specie to the East show a large
increase, owing to the recent rise in the Bombay
exchange. The steamer Pere, which will leave
Southampton to-day, will take 239,8291., of
which 18,6291. is gold and the rest silver. The
particularsare as follows :—For Aden, gold, 2,0001.;
Point de Calle, gold, 816/. ; Bombay, gold,
15,0001. ; ditto, silver, 199,4001. ; Madras, gold,
8131. ; Hung Kong, silver, 6,0110/. ; and for
Shanghae, silver, 15,8001.
The biddings for government bills on India took
plaoeyesterday at the Bank of England. The amounts
allotted were :—To Calcutta, 15,50,000 rs. ; to
Madras, 5,00,000 rs. ; and to Bombay, 1200,000
rs. The minimum price was fixed at Is. 114 d. on
Calcutta and Madras, and at 2s. on Bombay.
Tenders on Calcutta and Madras at ls. ma. will
receive about 01 per cent., and on Bombay at 21.
about 31 per cent. Those above these prices will
receive in full. The fact that the rates obtained
are about 2 per cent. higher than on the last occa-
sion shows that the revival in the demand for the
11108119 of remittance to India still goes on.

The government bills on India having been dis-
posed of yesterday at higher rates the silver market
was firm, but no further advance took place in

prices.
The advises from Manchester report the failure
of Mr. W. Mondial, of Albert Mill, Hebden-bridge,
with liabilities computed at 20,0001., chiefly due to
mortgagees. It is also mentioned that Mr. C.
Leeming, spinner and manufacturer, of Glossop,
has called his creditors together.
We understand that the Grand Trunk Railway
Company of Canada will pay the interest on the
Ist Preference Bonds in cash, after the half-yearly
meeting called for the 18th inst.
The subjoined circular, which has been sent tol
the proprietors of the Great Eastern Railway, shows
that the directors are not in a position to pay the
dividends which fall due on the preference atocks 1
to-day (Thursday) :
Dear Sir,—Since the date of tha last half-yearly report I
the progress of the panic in railway securities has frustrated
the :financial arrangements which led the directors to hope
that they would be able to provide for the payment of divi-
dends on the preference stocks on April 4. lathe Menu instances
in which the company was placed the directors thought it
their duty to invite the largest holders of preference stocks
to a conference, in order to consider the best stepo to be
taken for the protection of their interests. This con- I
faience, to which all holders of 20,000/. and upwards were
invited, resulted in the appointment of a committee. The
board is in constant communication with this committee,
and they believe that in a few days it will have matured •
scheme which it can confidently recommend to the
preference holders as the best means of placing their pro-
perty on • sound footing for the future. In the meantime
the directors have thought it better not to delay this an-
nouncemmit, as the 4th of April is at hand.—(Signed) J.
B. Owes, Secretary.
Great Eastern Railway, Secretary's Office,
Bishopsgate Station, March 30.

The London and North Western Railway traffic
return shows the week a decrease of onn-
p;ued with the corresponding period of last year,
and the Midland a decrease of 3,260 E.
Formal notice is given that a petition for the
winding up of the Central Railway Company of
Venezuela (Linutod) tJ. be hmud before
Chancellor Malins o' the 2lith inst.

Creditori of tit, T, •mio:: and Colonial Company
(Limited) are rYluir l t, send the particulars of
their claims to Mossri. Jones and Spong, the hqui-
(loons, by the Ist Mdy.
The subjoined report on the market for Ameri-
can securities is from the circular of Messrs. Sat-
turthwaite. and Co. :
The fluctit .tiona in Art:eri:ln securities on the London
market duriti.; the week have been unimportant, the rela-
tive price in London .ind New York having so nearly Sp-
prtAimated ; and the .1 uotati.us of bonds and premium
on gold having varied but little sines our last, has induced
ste.diness in quotations. United states 5.20 Bonds close
744 to 75. Limon; Central shares, 781 to 79; sad Bien,
:I'4 to 394 ; in th r Litter there were considerable pui-
chases early in the• went fur shipment to New York, but
the la.t day or two the market has been inactive. There
has been rather more d. for Virginia Sixes, and at 45
to they exhibit a siight improvement. Atlantic alai
Great Western Sectional Bonds are steady, but the Con-
aolidated Bowie and De.aenturos rare a fraction lower.

The anne% .!:1 Li f!' /h.. the monthly hide circular
issued yesterday b:- 31:ssrs. T. J. and T. Powell :
The leather trade of the past month has presented very
litt:e on which to re,t, .r::. The supplies have doubtless
been restricted by the in Amience of the weather, but the
clay scarcity has been •,f ,r,,od English butts of medium
ighta. The .iemand...ithough not
ppli active,. has been, fur
ar the most part. commen,ste with the sues, and prices
in general show scar,..ely any alteration. With the advance
of the season. however. i: is to be expected that both sup-
ply and del., old be in,:eased, and consequently that
en extende.: business will he done. Raw goals show, on
the whole. s liatibri import, with about an average de-
The puhhe salve have gone off rather briskly, but
without cats' oil, it. g any decidedchange in prices; although
previous .o.,,tetious have been in most cases fully sup-
por.eil. At Leadenh yesterday a very limited amount
of business was don:. sole leather generally found lett
liLle demand. Dressing nide, wet rather more inquiry.
hires were stationary.

WEDNEUDAT ETVIING.

Consols, which closed yesteictiiiii9ltTel for
ne:.t Weilner.da).s. settlement, opened this morning
at the bailie ,'anion. and closed st 91, "sellers."
For money the last pries was tool to 91, and for
the May settientent, 91 to The Three per
Cents. Reduced an l New Three per Cents. closed
the cattle as vest relay. at 89 to Cl div. The
olticial business report is aa follows :—Three per
Cent. Consols, for money, 911, 1, f, 1, 901 ; ditto,
for accoun-.. ts 1 , 1: Three per Cents. Reduced,
1, ex d,l. ; New Three per Cents., 891, 3,9,
4, cx div. ; Bank S'ock, shut ; India Stock, 217, 19
ditto Five per ; ditto Four per
Cent., 94, ex div.: ddto Four pur Cent. "enlaced "
rap,* paper. 851 : ditto Five per Cent., 103/, ;
ditto Bowls. ritts.. 525. prem.
The India Five per Cent. stock was more offered
and weaker, last marked 199 i. The Four
per Cent. prock, ou the other hand, was firm, with
transactions at 94. From this it would appear
that investors are becoming alive to the undue dis-
pi, portion which eNists between the prices of these
two stocl.. The Five per Cent. is redeemable in
duly, 1880, and the Four per Cent. in October,
1888.

Exchequer Bills were firm at IGs. to 20e. prem.
The forei...ri st.,ek market showed depression, and
prices;;:arc way it numerous cases. Turkish Bonds
of IKs4, 16.13, and 1A65 (Six per Cents.), full 1 to 2
per cent. ; Brazilian of 1863, I ; Egyptian of 1864
and the Italway Debentures, as well as Russian of
16.-al, 180. a•.d 1:96, ; Italian of 11461, g ; New
On:amino., " •\ :ill," and Russian Scrip,
.1-; and
Turkish of If 4 .1, Spanish Passive, Danubian
Scrip, and Ur. cs, however, met with inquiry, and
improved I t, 1. Peruvian of 1865 were lj better.
The &fluent*. of business in bank shares was
small, but there wax a demand for Batik of Egypt
and Chartered Mercantile of India, at an advance
of I'. On the other hand, Imperial declined L. ;
City, 10s. ; and Imperial Ottoman, Go.
The shares ..f the financial companies were un-
altered, apart from a reduction of 2s. Gd. in
;eneral Cr slit. Prices closed as follows :—lnter-
national Financial, 24 to dis. • General Credit,
li-16 to 2-Ihi die. ; London Fiancial 19 to 18
die. ; and Credit Fancier of England, fililreo die.
Atlantic Teie;raph Eight per Cent. Preference
shares were otli•red. and experienced a reducticu
of 28. 6d. t. Ls., the last price being :la to
An:Jo-Amen an were last quoted 162 to 2, being
slightly le wer : and Telegraph Construction, 2 to 11
din.. alio win:4 n change.
Hudson's nay shares were last quoted U. to
being slightly flatter; National Discount, 7;; to
showhlm a reduction of 2s. lid. ; and
(leneral I i r. tan, par to 1 preen. The principal
feature in ..t.. !nisch:lL:neon' market wa.s a rise of
I'. his. in Uritish and Irish Magnetic Telegraph.
City itiohroved Gs., while City Offices de-
dined 10.4. Lchc fee. and St. Katharine Dock stock
fell 1 per cent.
Some of tl:e Cape Good Hope, New South
Wales, anhl 1.411,..,,n51ati..1 debentures advanced to
I per cent. !ale Canadian declined to the name
extent.

Atnerie-.r. scc•'iritks wero again rather dull.
The 5-20 It,nds th.clined per cent. ; Erie Itailw4
shares, ; an.l Atlantic and Great Western
Debentures awl Consolidated Mortgage; Bonds, 1,.
Illinois Central S4:x per Cents., however, were 11
Prici.,3 closed u follows :-5-20 Bonds,
74i to 7•i ; Erie Railway shares, 381 to 394 ; Illi-
nois Central, 714' to 79, ex div. ; Atlantic and
Great Western Railway Debentures, 31 to X: ;
Consolidated Mortgage Bonds, 22,4 to 23.

MINES.-(THIS DAY.)

ORR o'Czocx.

The mining market is moderately active to-
day. Prior of Wales, West Chiverton, Mar!to
Valley, Etat Caradon, and Okel Tor shares hay°
been chiely dealt in. Prices are quoted as fol-
lows :—West. CLivertini, 70 to 74 ; Clifford Amid-
gamated, Cto ; North Crotty, 3i tog ; Chiver-
ton Moor, r A; Crest Vor, 14 to 204 ;
Marko Valley. 4i to ; Prince of Wales,
Wry. to 574. : Wlical Seton, 10'4 to 105 ;
(treat Laxey. 18 to 10 ; West &ton, 1:15 to 140 ;
(C.c.! Tor, 22e. Cl. to 255. ; East Caradon, 31 too ;
and East Po:smelt, 21 to 3.
The first ordinary general meeting of the Nevada
Silver Mining c-iiipany (Limited) is fixed for thu
I I th inst.

The directors of the Otes Copper Mining Com-
pany (Limited) Lave by the present mail, via
Panama, receive.' advices of the shipment of two
small parce!a of dressed ore, per Ida Zeigler, which
sailed from Auckland on 29th January last. The
produce of these parcels is estimated at 25 per
cent, and lit per tent. to 18 percent. respectively.
No report front the mine has been received this
m•mth, but the agent states that the difficulty with
respect to t!..ejigging machines appears:to have been
overcome, as di.: engineer had succeeded in con-
stra cting a tuseli me for perforating the copper plates,
the result being a great saving of time and labour.

RAILWAYS-(THIS DAY.)

Own o'CLoos.

The railway market continues heavy, and prices
have experienced a fresh reduction. London,
Brighton, and S•eith Coast stock has declined 1 per
cent. ; Metropolitan, 1; Midland • Great Northern
(A) and North British, 3 ; Great Western and south
Eastern, g ; and Lancashire and Yorkshire, Great
Eastern, and London, Chatham, and Dover, I.
Metropolitan stock is now quoted 113 to 116 ;
Great Western, 40 to i ; London and North-
Western, 1! 5,f to / ; Midland, 112 to ;
Lancashire and Yorkshir, 12n to / ; Caledonian,
108 to 109 ; South Eastern, INq to k ; Great
Eastern, 27 to ; Great Northern, 113 to
114 ; ditto A, 1-281 to I • London, Chatham,
and Dover, 181 to t; North British, 33 to 34 ;
and Brighton, .2 to .3.
(For to-day's Share List see rage 4.)

ROYAL Fang H 040171116, GRAY'S-ICY-ROAD.—The
number of patients relieved at this hospital Iluriog the
week ending March al vrr 3,712, of which 1,251 were
new eases.