The Express.
London, England, 1867-09-10 00:00:00

The report of the directors of the Ottoman
(Smyrna to Aidin) Railway Company, to be pre-
sented at the general meeting on the 16th inst.,
announces that Mr. Cooke has been deputed to
proceed to Constantinople and Smyrna, with a
view to obtain payment of the arrears of guarantee,
as well as punctuality in future. Notwithstanding
an increase of 2,51'3/. in the half-year's receipts,
owing to the heavy cost of maintenance and to the
amount (2,9101.) brought forward under that head,
there is a loss of 5,0111. on the working. Since
the let July, however, the returns have consider-
ably improved, averaging 1,2621. per week against
6tr;/. in 1866. The " heads of arrangements"
with tho debenture holders, adopted at the meet-
ing on the 15th July last. are to be submitted for
confirmation at a special meeting to precede the
ordinary general meeting on the 16th inst.
Messrs. Richard Gibbs and Co.'s monthly Tea
Circular, dated yesterday, reports as follows :
The arrivals and departures since our last are as follow.
Arrivals at London—Acacia, Vanguard, Hugh Fortescue,
and Ajax. Departures from London—The Sir Jamsetjee
Family, for Shanghai; Chas Sze, for Hong Kong; and
Pamper°, for Kanagawa. The arrival of the steamship
xon the 3rd instant with new season'. Honing, has
oca.mioned some little variation from the depression 40
Ion.; prevailing. The quality of the tea is of fair average,
and the quantity sold may amount to about 6,000 packages
at Is. sd. for inferior to 2a. to 2s. it. for fine, while two
or three parcels of the finest have found buyer. at 2s. 2d.
to 2s. 441. At present little or nothing has been taken for
export. but orders are likely to arrive within the next
three or four days that may alter the aspect of matters.
The market, otherwise, shows but little alteration. At
the public sale on third inst. prices were better sustained.
The Ajax brought some few scented teas and new make of
Canton Congou ; the former have bean realised at rather
lower rates, and many of the latter remain unsold. Green
teas have found a fair demand. The stock of tea in the
United Kingdom we estimate at about 72,000,0001bn.,
against 83,000,000 lbs., and the quantity afloat (including
the arrivals not yet taken into stock) at about
3'7,300,000 lbs., against 33,000,000 lbs. at the correspond-
Mg period last year.

MONDAY Eveturc.
Consols, which closed on Saturday at 044 to I
both for money and to-morrow's settlement, opened
this morning at the same quotation, and closed
at 941 to 0. For the Bth of October the last price
was 944 to 1. The Three per Cents. Reduced and
New Throe per Cents. were quoted at 3 o'clock
921 to 93, ex div. Tho official badness report is as
follows :—Three per Cent. Console, for money, 941,
; ditto for account, 941 ; Three per
Cents. Reduced, 93, ex div. • New Three per.
; Cents., 931, 21, ex div. Bank Stock, 248, 51;
India Five per Cent. Stock, 112},13 ; ditto, Four
per Cent., 971, ex div. ; ditto, Five per Cent.
"enlaced" rupee paper, 104 ; ditto Bonds, 705.,
655. prem.
The India Five per Cent. Stock was quiet.
Exchequer Bills were dealt in at 255. to 306.
prem.
Bank of England stock closed to-day at 2481. to
2527., showing a fresh fall of 21. to 31. compared
with the last price of Saturday.
The Indian "enlaced" rupee paper is firm. The
Four per Cents. closed to-day at 87 to 1 ; the
Five per Cents. at 1041 to ; aad the Five-and-a-
Half per Cents. at 1091 to ~
The foreign stock market was rather dull. The
variations comprised a decline of Ito per cent. in
Spanish Passive, Greek (including the Coupons),
and Turkish of 1865, and a rise of 1 in Italian of
1861.

In the market for bank shares, Alliance and
London and Brazilian met with inquiry, and rose
11., but other descriptions were unchanged, the
dealings being upon a very moderate scale.
Very few dealings occurred in financial shares,
but there was a slight inquiry for Credit Powder.
Prices closed as follows :—lnternational Financial,
2; to I; die. ; General Credit, 21 to 2} dal. ;
London Financial. 23 to 21 dia. ; and Credit
Foncier, 6} to 54 dia., ex div.
Atlantic Cable shares showed no variation.
Anglo-American were quoted 16} to ; ; Atlantic
Telegraph Eight per Cent. Preference, 3/ to } ;
and Telegraph Construction, 161 to 17/.
Hudson's Bay shares were last uoted 14; to
151; and National Discount, 6 to 6k prem., being
bs. lower. Miscellaneous shares were rather firm.
Scottish Australian rose 11. ; Ceylon, English and
Foreign Credit, and Rio Improvements, 10s. ; and
Berlin Waterworks, City of London Real Pro-,
perty, Union Marine of Liverpool, and United
Discount Corporation, ss. Commercial Union
Assurance and Oriental Gas (new), however, de-
clined 2a. 6d.

There was leas demand for colonial government
debentures, and some of the Canadian experienced
a relapse of I per cent.
American securities were dull, the transactions
showing a preponderance of sales. The 5-20 Bonds
of 1882 declined per cent. ; those of 1885, as well
as Erie and Illinois Central tailway shares, ; and
Atlantic and Great Western Consolidated Mort-
gage Bonds, }. Prices closed as follows :-6-20
Bonds, 1882, 73 to f • Erie Railway shares, 444
to 45 ; Illinois Centriil, 77 to it ; Atlantic and
Great Western Railway Debentures, 23 to 25 ; and
Consolidated Mortgage Bonds, 21 to 22.