The Express.
London, England, 1866-08-14 00:00:00

PROVINCIAL SHARI MARKETS.

ISTISPOoIts AUGUR. IS —asks to-day :--Great Radern, 1141 a
—Lancashire and Yorkehire, 194 24 on and North West-
ern, 1174 a 4 f--South &stern, 67—Zris, a If 2 4- Great
Luxembourg, 12 9-16—North Westent Bank ited).i =d ff.—
Alblon Murk. (limited), 11 d. —British and Foreign Marine
(Limited), 9-16 p.—Liverpool and London and Globe Fire and
Life, 54 p.—Queen Insurance, 71-16 d.—Atlantic Telegraph, 8 pee
cent, S 11-16 4 National Steam (Limited), 161 4 16 d.—West
India and Pa .c Steam, 6 d.
/14A/ICHEITIZ. ADOWIT IL—The market WY qqnlet, and prices
steady. Bokkow, TheA and Co. (United), if
Consolidated Bank (Limited). new, ay Frisa, 41 24 rest
Eastern, 29!—Great Luxembourg, 12 Northern lra 4
91--Grand Trunk of Canada. 204—Great Western. 624 lllnola,
750—London and North Western, 117!—Manchester, Sheffield,
and Uncolnahlre, Metropolitan, 120 291—d0. nee,
24 p.—South Eastern, 66f—Thames and Mersey 'Marine In-
surance (Limited), 4 1-16 3-16 p.—United Mates 6.20 Tears'
Bonds, 684 4—Great Laxey Mines, 164.
BIRMINGHAM, Acorn Li—Closing pnees:—London and North
Western Railway, 1161 to 1171—Great Weetern, Birmingham
Guaranteed Three-and and- per Cent., 701,
ham Bank (Limited), 1 to 14 pm.—Midland Bank (Umit'3l), 24
di., sellens—Wolvartuampton and Staffordshire Bank, 9 to 10—
Metropolitan Railway Carries/a and Wagon LLknited,, 94, buyers
—British Steam Cooperage and Cask (Limited), 2 dia., sellers—
If untz's Metal (Limited., 2 to If db.—Patent Shaft and Axletree
:Limited', 54 to 6 pm.—and Staffordshire Wheel and Axle
(Limited., di., sellers.

THE CONDEMNED MURDERER AT MANCHESTER.-
A meeting was held at the Clarence Hotel, Manchester,
yesterday afternoon, to take into consideration the cue
of James Burrows, who was condemned at the late As-
eines for the murder of John Brennan, at Hopwood. Mr.
Alley was celled to the chair, and on the mot;on of Mr.
W. Stokes, secretary of the Peace Society, seconded by
Mr. J. J. Alley, a resolution was adopted in favour of •
memorial to Mr. Walpole, the Home Secretary, to spare
tbe life of the murderer. The arguments advanced were
chiefly grounded on the youth of the prisoner, and the
absence of education in has case and of moral culture. It
was stated that on a former occasion Mr. Walpole had
made a distinction between a criminal who bad gone
armed for a murder and one who bad taken up *be first
weapon at hand. In this ease it was argued that Burrows
had taken up an iron bar on the premises, so that there
was the presumption in his favour that there had been
no premeditation. The jury had also recommended him
to mercy. Mr. Mepon, stationer, had already obtained
about 170 signatures to the memorial.
THREE YOUNG MEN DROWNED IN THE ORWELL.
A painful accident has happened on the river Orwell,at Ips-
wich. On Sunday evening, between eight and nine, a
party of five—Charles Kirby, • waterman, William Podd
and Partridge Podd (brothers), Herbert Bernett, and
Samuel Barber, landlord of the Beehive tap, Ipswich—had
pulled to the Ostrich, a pleasant riverside house. They
stopped there but a short time and bad three pots of beer
between them. With the exception of Partridge Podd,
the party started for home, and when off Hog highland,
within half a mile of the Dock Promenade at Ipswich, the
boat, through Kirby getting up, was upset. Barber for-
tunately clung to the boat and was rescued by a man
named Churchman on board the mud engine, not far off,
and taken ashore ; the other three were drowned. Infor-
mation was at once even of the accident, and Podd's body
was found between eight and nine yesterday (Monday)
morning, and the other two bodies a little later. Although
the bodies had been in the water but • short time, their
feces were quite mutilated by the crabs.
THE LONDON AND BRIGHTON RAILWAY ACCI-
DENT.—The following letter from the pen of Mr. R. W.
Crawford, M.P., appears in the Times:—' In the account
in the Times of this morning of the lamentable accident
which occurred on the Mid-Susie: line of the London and
Brighton Railway Company on Saturday evening it is
stated that the down train in question was 15 to 20
minutes behind its time on leaving London. It
will be found on inquiry that this was not the only
train despatched after its time on Saturday. The 2 p.m.
Brighton express slid not lease till 2.35 and tbe 2.10 Mid-
Sussex tans% to Portsmouth was detained till 2.35. I was
a passenger by the latter train, and may mention, as one
of the consequences of this want of punctuality, that the
distance between the Three Bridges and the Ford Junc-
tion stations, about 31 miles, timed in the company's
tables at 48 minutes (3.5 to 3.53), was performed in the
abort space of 30 minutes, or at the rate of upwards of 62
miles per hour ! The cause of this unpunctuality
was stated on the London-bridge station platform
to be insufficiency of available stock in readiness
to make the trains up with ; but whatever the
cause may bare been, the public interests require that
this want of punctuality should be inquired into at the
inquest. It is material also to inquire whether the guard
or driver of the down train had been made aware of the
silty of his meeting the uptrain at the Itchingfield
unction ; R not whose duty it was to have cautioned
them spinet the danger of such collision in consequence of
the train being out of time, and to whose inattention to
their duty, whether it be remissness on the part of an
individual or imperfection in the company's rules, that
this lamentable loss of life is to be charged."
ROBBERY OF VALUABLE PROPERTY FROM A CAE.-

Yesterday afternoon while a gentleman was in the shop of
Messrs. Godfrey and Cook, chemiste, in Old Bond-street,
• black leather bag containing jewellery and other valu-
able property, which he left in the cab which was waiting
for him, was stolen. Amongst other articles in the bog was
• brilliant diamond ring in case, directed to Countess Am-
herst ; • garnet necklet directed to Mrs.EmmallarbaryPercy;
some bracelets, csmpoeed of antique intaslios, in various
stones. directed to Mrs. Isabella Lockwood: some orders on
Messrs. Hoare and Co., bankers ; one for 5001. to the
credit of H. Day, Esq., and another for • similar amount
to the credit of Lord James Murray, both signed " Lord
Powis," and " Sir Hugh Williams." The man who is sup-
posed to have taken the property is described as being
about 30 years of age, tall, and wearing at the time •
shabby suit of black clothes.
Ax OBLIGING CoNvicr.—The sentence of the
convict Buckley at Clonmel Gaol has been commuted to
penal servitude for life. When the sheriff told him the
news, he asked " for how long r' and then when informed
that he was not to be executed 'but transported for life, be
betrayed not the least emotion, but remained in a perfectly
psedve state as if life or death were of little consequence to
him. " Anything the jintlemin plaza to do with me lam
quite satisfied," was the only remark he littered, and this
he repeated several times.
SOUTH KINMNOTON bfUSEUBL—ViiitOTI during
the week ending August 11: On Monday, Tuesday,
and Saturday, free, from 10 a.m. to 10 p.m., 10,275 ; on
Wednesday, Thursday, and Friday (admission ed.) from
10 a.m. la 6 p.m., 1,306; National Portrait Exhibition
by payment, 6,250 ; schools at la per 30, I,l99—total,
19,0:M. Average of eorresponding week in former yews,
10,81 L Total from the opening of the museum,
6,223,138.
for the sum of
The City of Paris has purchased,
900 000 tr., the Hotel Carnaralet, Rue Culture-Sainte-
. Oatherise, ter the Municipal Museum. The rumours
which have been in circulation as to the proposed acqui-
sition from Prince Czartoryski of the Hotel
Lambert were
unfounded.

MONEY MARKET.-(THIS DAY.)

Own o'Cmoz.
The stock markets opened rather firmly this
morning, but prices have sines given way, owing to

the unfavourable weather for the harvest and the

high rates charged for continuing transactions to

the new account. There is little business, apart
from that connected with the settlement, which has
just commenced. The funds have declined

iper oent., both for money and the
account. British railways and foreign bonds
are also lower, but the reduction in the latter is
confined to two or three descriptions, and is unim-
portant. Banking and financial shares remain
dull. London Financial have been dealt in at 9-1,
or 151 discount. American securities exhibit no

special variation.
The discount market is quiet to-day, an almost

general disposition being shown to keep bills back
till Thursday next, when, it is hoped, the direr_
ton of the Bank of England will reduce the rate
of discount. The general rate for good paper is
9 per cent. _ .

Consols are now quoted 87# to for money,
and 88k to for the account (September 6).
Foreign stocks are flat, but prices are unaltered,
with the exception of a decline of i per cent. in
Turkish of 1865 and Mexican. Turkish Bonds of

1862 are quoted 48 to 60 ; ditto of 1865, 264 to 1 ;
Greek, 104 to 114 ; Spanish Passive, 194 to 4 ;
ditto Certificates, 13/ to 144 ; Italian of 1861, 61
to 4 ; Brazilian scrip, 44 to 4 dia. ; and Mexican,
164 to 4.
Anglo-American Telegraph and Atlantic Tele-
graph shares are steady, at 124 to 4 and 34 to 4
respectively.
' United States 5-20 Bonds, and Illinois Central
Railway shares have declined 4 per cent., but Erie
have improved to the like extent. The present
quotations are as follows :-5-20 Bonds, 684 to 4 ;
Erie Railway shares, 424 to 43 ; and Illinois
Central, 751 to 764.
International Financial shares are quoted 2 to
If dia. ; London Financial, 16 to 15 dia. ;
General Credit, 2to 11 dis. ; Credit Foncier,
31 to 4 dis. ; and National Discount, 7 to 4

prem.
The following circular has been addressed to the
shareholders of Overend, Gurney, and Company

(limited) :
Gentlemen,—At the extraordinary general meeting of
the company, held on the 11th June last, at which you
appointed Messrs. Turquand and Harding, liquidators, for
the purpose of carrying into effect the voluntary winding up
of the affairs of this company, you did us the honour to
appoint us "a permanent committee of supervision." Im-
mediately upon our appointment, we felt it necessary to
communicate with the liquidators, with a view of defining
our relative positions ; but we regret to say that, although
the liquidatonhave expressed theirwillingness to give vein-
formation upon any points connected with the liquidation,
we feel ourselves,by reason of the want of &legal status, to be
entirely without any such power of supervision as would
enable us effectually to control the affairs of the winding
up in such manner as we might consider consistent with
the interests of those by whom we were appointed. By
accepting the position of a committee we have undertaken
duties which we have not the practical power of discharg-
ing. Under these circumstances we have felt it
due to ounelves, as also to the shareholders, to
all a meeting to submit to them the information
which we have been able to obtain in reference to the
liquidation, and to take their opinion as to the advantage
which will result from our continuing in the anomalous
position in which we feel ourselves placed. We, there-
fore, request the favour of your attendance at a meeting
of the shareholders, at the London Tavern, Bishopegate-
street, London, on Wednesday, the =rid August inst., at
12 o'clock precisely.—We remain, gentlemen, yours faith-
fully,—/1124RT KncoscOTZ, HICMIT 0111N8ELL, CHARM
OPPENHEIM, Committee of Supervision.
65, Lombard-street, London, &C., August 14,1866.
With regard to the question of the Bank rate
of discount, there appears reason to believe that
the pressure of public opinion upon the directors
of the Bank is beooming so strong that, notwith-
standing the virtual refusal of the government to
interfere, their policy of maintaining 10 per cent
will speedily be reversed. The only reason for
delay will consist in the maturing of a further
large amount of Indian paper on the 23rd, although
it is evident that any requirements which may be
made on this account will be neither increased nor
diminished if the Bank rate, instead of 10, stood
at 8 or 12 per cent.
About 136,0001. in gold was sent into the Bank
yesterday, viz., 113,000 sovereigns from abroad,
and 23,0001. in bars.
A deputation from the Birmingham Chamber of
Commerce, in addition to deputies from Leeds,
Wakefield, and Kendal, waited yesterday by appoint-
ment upon the Chancellor of the Exchequer, to
urge the advisability of the government s.wriaing
the directors of the Bank of England to issue ad-
ditional notes without any restriction being placed
upon the rate of discount. In reply, Mr. Disraeli
iL:plained that the present phase of the monetary
crisis arose from a want of confidence, which he
thought could not be easily controlled. He also
feared that any legislation on the part of the go-
vernment would not restore confidence, and at the
same time be questioned whether parliament would
approve the adoption of the proposal made by the
deputation.
Messrs. Harding, Whinney, and Gibbons, the
accountants, announce a further dividend of 2s. 6d.
in the pound, as payable to the creditors of the
London, Hamburg, and Continental Exchange
Bank, making • total distribution thus far of
9s. 2d. in the pound. The same firm will probably
notify a dividend in the case of the European
Bank at the end of the present month. The former
concern is now being wound up in the Court of
Chanoery, and the latter under the supervision of
the Court.
The telegram from Turkey announcing the issue
of an additional three millions of the Turkish Five
per Cent. General Debt is not likely to reassure
the holders of that stock for the recent default in
the dividend. In the first place the transaction in-
an' ate not one, but several breaches of faith. When
the loan was brought out last year there was a dis-
tinct proviso that the seven millions, making pp
the grand total of forty millions of Turkith
lire, should be issued only in three
coasecutive years ; that is to say, two millions
in
1866, three millions in 1867, and the remainder in
1868. The three millions which are row to be pet
upon the market represens the portion which should
have been issued not earlier than next year.
Secondly, it was also provided that these further
sums, when raised, were to be exclusively devoted
to public works, and apparently a saving clause as
added for this reason, to the effect that the surplus,
after payment of the overdue. dividend, is to be
employed on a road from Trebizonde to Erzeroum,
and the formation of a port at the former towtt u.
How much will be employed in this manner !s
not difficult to ascertain. Teruding
dend is due upon 35,000,000 stock, and con-
sequently amounts to 875,000 L. T. The predieM,
quotation of this loan on the London market
something under 27 in sterling, equal to nearly
291 in • pounds. Supposing the whole
of the three millions a °replaced at 29 (rather more
than 26 in sterling), certainly the very highest
price that could be got, the proceeds would stall be
barely sufficient to meet the dividend, and would
leave nothing for the sinking fund, still less any- I
thing for the Trebizonde road. Again, it is a very
well 'own fact that at least a part of these bonds
have already been disposed of and the proceeds
spent long ago. In putting foward, thererore, this
decree, the Turkish government have been guilty
of the imprudence of drawing public attention to
an already too well-known default, of excusing
itself in a manner which involves two or three
further breaches of faith, and lastly of committing

the worse than criminal blunder of promulgating
a magniloquent decree which has not the slightest
chance of imposing on anybody.
Advice. received yesterday by the West ladia
packet announce that the Venezuelan governasent
have seized the customs duties at Puerto Cabello,
specially assigned to the bondholders of the lose of
1884, and that a protest forwarded to the authori-
ties on the subject by the agents of the Gramm/
Credit and Finance Company had been disre-
garded, as well as that sent early in July on the
appropriation of the funds at La Cniara.
The mail from Guayaquil bait brought a remit-
tance of 6111. 17s. 9d. on account of the dividends
on the debt of Ecuador.
The London, Brigbton, and South Coast Rail-
way traffic return shows this week an increase of
3,6441., compared with the corresponding period
of last year, and the South Eastern a decrease of
1,4381.
Advice, from the Erie Company, New York, to
Mr. Wm. Evans, of Gresham-house, confirm the
news previously received by telegram, to the effect
that the directors have decided not to declare any
dividend for the past half-year upon either ordi-
nary or preference stock.
The creditors of the International Photosculptum
Company are required to mend in their claims to
the solicitors on or before the 24th inst.

A special meeting of the Hop and Malt Exchange
and Warehouse Company is convened for the 2lst
instant.

iielalf-yeasly general meeting of the Dagen-
ham (Thames) Dock Company is fixed for the 29th.
A later circular from Means. Neill Brothers and
Co., on the cotton market, contains the annexed
paragraphs on the forthcoming crop in the United
[ States :

Our advice+ this week are again very satidactory. From
all parts of the ootton.growing country we bear that the
crop is progressing in a manner far beyond the earliest ex-
pectations. We have advices from almost even mitten-
growing State, and all are of the sense tenor, reporting jug
such rams as the cotton fields wanted. Our oornspoe-
dente ,n Georgia consider the crop in that section "sit of
danger," and venture to name figures for the whale Grow
based on local experience. These figures are u yet, of
course, mere guesses, and we are not ourselves at all pre-
pared either to endorse them or dispute them. They are
generally considered too large. Great errors in cabinet,
mg this crop are, however, likely to arise from the fact
that, throughout the South then in among the old slave-
holding class a natural and very common determination to
take the most hopeless view of the results of emanips-
tion. Nearly all the reports, public and primite,
on which in former times confidence was
are row more or leas biassed by this chaos
hopelessness, and special pains seem to be taken to sire it
currency through the press. A great number a
are, of course, doing well, but they have no in=
publishing the fact, and are not therefore heard tram.
There are, besides, a large number of man bream and
new men planting this year who n raised *ottani/dm,
and from these a great addition to the total NW be
lookedfor. The crop is now free from the danger d drought.
and probably of worms, although this is net yet matte
certain. The result is, of course, liable to vest modifi-
cations, according to the date of frost, and the character of
the picking semen. A long warm autumn may eve us
fair crops on all the lands replanted after the overflows.
besides the late pickings over the whole crop, which often
forma large proportion of the total. A wet autumn, or
an early and severe frost, on the contrary, might set off
both these important wanes.

MONDAT EVIOFIffi.

Consols, which closed on Saturday
for the 6th of September, opened this at
the same quotation, and closed at 881 to f. For
money the last price was 874 to f. The elleial
business report is as follows :—Three per Cent. Con-
sols, for money, 87/, ; ditto, for account, 881, j;
Three per Cents. Reduced, 87, 6i ; New Three per
Cents., 861, 7,6 j, 71 ; India Stock, 211, 81 ; ditto
Five per Cent., 103 ; ditto Five per Cent. " en-
faced " rupee paper, 991 ; ditto Four per Cent.
Bonds, lls. prem.
Indian government securities were quiet. The
March Exchequer Bills dosed at ss. dia. to par ;
and the June at 3s. to Bs. prem.
There were very few dealings in foreign stocks,
and prices showed dulness. Chili/in scrip and
Mexican Bonds receded # per cent. ; Greek,
Spanish, Passive, and the Committee's Certificates,
I to g• and Turkish of 1865, 1. On the other
hand, Italian of 1861 were inquired for, and slightly
better.

MINES.-(THIS DAY.)

Owi o'CLoca.

The amount of businest in British mining securi-
ties is still upon a very molerate scale, and prices
exhibit no variation of importance. Attention is
almost exclusively directed to the settlement, which
has just commenced, and will be concluded on
Thursday.