The Express.
London, England, 1866-08-06 00:00:00

'HIS DAY.)

Own o'Ossms.
The =favourable weather for the harvest, the
10 per cent. rate of discount, and the commence-
ment of the holiday season, tend to cheek any
tendency towards improvement in the stook and
share markets. The transactions to-day are ex-
tremely limited, and the few changes which have
occurred in prices are mostly in an adverse direc-
tion. Consols have declined per cent. British
railways and foreign bonds have also given way in
some cases. Other securities are mostly quoted
the same as on Saturday.
Consols are now quoted 871 to for money,
and 871 to } for the account (August 9).
The rate in the open market for three months'
paper is 8 to 9 per cent., with a good demand.
The supply of money is considerable.
There is very little business in foreign stocks,
and prices in most instances are unchanged.
The variations comprise a rise of per cent. in
Turkish of 1866 and Italian of 1861, and
a decline to the like extent in Spanish Pas-
sive and Certificates. Turkish Bonds of 1862
are quoted 48 to 50 ; ditto of 1865, 261 to } ;
Greek, 114 to 1 ; Spanish Passive, 194 to 1; ditto
Certificates, 144 to ; Italian of 1861, 51} to 52 ;
Brazilian scrip, 41 to 31 die. ; and Mexican,
164 to 174.
United States 5-20 Bonds have improved per
cent., and Illinois Central Railway shares 4, the
present prices being 68} to and 75 to }, respec-
tively. Erie are called 75 to 4.
Anglo-American Telegraph and Atlantic Tele-
graph shares are quiet, at the closing prices of Sa-
turday.
International Financial shares are quoted 11 to
1} dia. ; London Financial, 12} to 114 die. ;
General Credit, 2 to 11 dial ; Credit Foncier,
31 to 1 die. ; and National Discount, Ti to 8 prem.,
ex div.
Subjoined is a copy of a private telegram just re-
ceived from China :
latest dates :—Hong Kong, July 12 ; Shanghai, July 5 ;
Foo Chow Foe, July 7. Export of tea for the fortnight,
10,000,0001b5. Market quiet. Exchange in Hong Kong,
4s. 6d. Freight at Whampoa, 70s. par ton.
About 25,000 sovereigns received from abroad
were sent into the Bank on Saturday.
The Persia has arrived from New York with
185,0001. in specie, and the Edinburgh with 5,000/.
The steamer Syria took on Saturday only 1,9921.
in specie for the East.
The amount of government bills on India for
which tenders will be received at the Bank of
England on the 15th inst. will be rupees, 35,00,000
(350,0001.)
The half-yearly meeting of the Great Northern
Railway Company is called for the 25th inst., and
will be made special, to determine upon the issue
of new stock.
I The half-yearly meeting of the North London
I Railway Company is called for the 22nd inst., and
that of the North and South Western Juctioa
Railway Company for the 24th inst.
Pursuant to a requisition signed by certain
shareholders, the directors of the Mercantile
Marine Insurance Company (Limited) have con-
vened an extraordinary general meeting for the
13th inst.," for the purpose of considei ing whether
or not it Is expedient to wind up the company."
The half-yearly meeting of the Berlin lh ater-
works Company (Limited) is called for tie 21st
inst., and that of the General Steam Navigation
Company for the 28th inst.
The fourth call of 21., making 71. called, is to be
paid on the 91. shares in the Midland Railway
Company by the 314 inst.
Creditors of the English Joint Stock Bank
(Limited), which is now in liquidation, are re-
quired to send the particulars of their claims to
Mr. C. F. Kemp and Mr. H. Chatteris, the liqui-
dators, by the 15th inst.
Creditors of the Ottoman Company (Limited)
are required to send the particulars of their claims
to Mr. Henry Croysdill, the official liquidator, by
the 12th of September, Vice-Chancellor Wood
having appointed the 30th of October for adjudi-
cating upon them.
Creditors of the Plym River Slab and Slate
Company (Limited) are required to send the parti-
culars of their claims to 14r. T. P. Scrivener, the
official liquidator, by the 30th of September, Vioe-
Chancellor Stuart' having appointed the 9th of
November for adjudicating upon them.
The contractors for the Imperial Moorish Loan
of 1862 have published the numbers of the Bonds
which were drawn on the let inst., and are to be
paid off at par on the 27th.
The mails from New Zealand and Australia, rid
Panama, are expected to be distributed in London
about the 13th inst., as well as those from Cal-
cutta, China, and Australia, by way of Suez.
The serious effect which is produced upon the
lindustry of the iron trade by the present condition
of the money market is described as follows in the
circular of Mamma G. B. Toms and Co., dated
on Saturday :
The specifications for the Indian rails are not yet in the
hands of the trade; they will, most likely, constitute a
requisition for close upon 18,000 tons of iron, a quantity
which is, of course, a mere flea-bite in relation to the
enormous productive poems of our rolling mills now.
Some of the home lines of railway are also represented
as starving for want of iron, but as they are equally
suffering from sore financial embarrassment, orders can-
not be given out while the money market maintains its
present state of tension, which means nothing less than the
direst ruin and destruction to themining and manufacturing
interests of the United Kingdonf, let oar doctrinaire-. say
what they may. It is impossible that the industry and
capital employed in iron making, loaded as of late, with
a discount rate of (practically) 12 per cent., an
having still to encounter highly hostile foreign tariffs,
can successfully contend with the cheaper money and
cheaper labour of the continent of Europe, so that unless
some important change takes place in these respects, the
Eugliah export trails in iron may soon declire to a point
that will, at all events, exonerate us from the recent
singular reproach of Mr. Stanley Jevons, viz., that of
' committing national suicide," in every foreign ship-
ment we make of the products of our iron fields,
because of the absorption of coal therein involved. In
the meantime what is to become of the classes sub-
sisting by manual labour in smelting and rolling iron
in Northumberland and Durham baffles all concep-
tion. The Welsh steam coal trade is reported as en-
joying the sunshine of high material prosperity, at a
time when the cold shadow of unprofitableuess rests
upon iron ; this state of affairs alone prevented that fell
in wages from taking place which the position of the latter
article required, as evinced by the notices given at the
various works, but since rescinded. It has been argued—
given, therefore, the maintenance of the present scale of
wages to rollers and forgemen in South Wales, from the
peculiar position of the coal trade—given also the con-
tinned silence of death in the lately busy iron works all
along the Stockton and Darlington Railway, whereby a
production of finished iron roughly estimated at 7,000
tons per 'week, is extinguished pro km., and probably
ten to twelve thousand stout fellows placed in voluntary
or rather union-enforced idleness—thatere there now
to arise anything like an average and normal
demand
for rails, merchant bars, plates, or angles, Welsheironmaster must largely benefit by the strike in the
north, as the value of Welsh iron would immediately
improve in the market. Many parsons are sanguine
enough to think that, in prospect of pesos and a gowl bar-
red, this result will even now certainly happen, ard but
for the panic-stricken condition of commerce, and the
chronic state of distrust which subsists, no doubt the
worst of ,his ernes tairabuis ought to have been past and
done with, so far as the iron trade is concerned. As yet,
however, the most that can be said u that the week closes
with less despondency and dulness of feeling than lately
prevailed, without any desire whatever to make purchases
of any kind of iron for forward delivery, or more than is I
-vented for immediate use. Welsh manufacturers are, at
the same tine, firmer, and in the event of a protracted
struggle between the ironworkers and the ironmastem of
the east coast districts, prices might soon return in Wales
to, al all events, the noa-leeing point of 81. 10. per ton,
f.0.b., for bars and rails, below which ve recently
h they ha
been selling.
The following memorandum giver the substance
of the latest advice. from Buenos Ayres :
The private &deices from the River Mate, brought by
the royal mail packet just arrived, intimate a conti-
The
nuance of internal peace sod agricultural .
war in Paraguay has not progressed so nP4lstlwas ex-
owing to the insuiersEle difficulties the county
freitlmitate action and the insalubritentgoof the CliMet4l,
but no doubt exists as to its eventual in favour

of the allies. The new Lead Low Act of the provines et
Buenos Ayres, recentl77 introduced into the Chambers, if
carried out, is •asd to prove of inestimable advantogs
to colonists at prevent eageged in sheep farming. The
price of public lands, which have been in some parts com-
paratively high, will now be reduced in some districts 60
par coot., whilst the condition of payment, extending over
a period of five years, will bring it within the reach of
nearly all parties desirous of settling on these Ins @grim&
teinl regions In Buenos Ayres the paper_prioe of oases
boa, it t'm sailing of the packet, dela. 41A4 ;elves., 1211 ;
and patations, 26. Specie had a decided upward tendency,
sad there wall ea increased disposition to buy gold co l
dates. The Balm of ox sod cow hider—the staples mJ
the country—were considerable, at impoved pion.

flArisraw Evzirnio:

Consols, which closed yesterday at 87f to for
next Thursday's settlement, opened and closed
to-day at 871 to 88. For money the last fwice was
871 to I. The official business report is m fol-
lows :—'rhree per Cent. Consols, for money, 871,
; ditto, for aooount, 871, 8 ; New Three per
Cents., 87, ; Bank Sock, 248, 94 ; India
Stook, 210, 8, 11 ; ditto Five per Cent., 104 ;
ditto Five per Cent. " anima " rupee paper,
100 ; ditto Four per Cent. Debentures, 1001.

Indian Government securities were steady. The
March Exchequer Bills were flat, at 7s. dis. to
par ; and the June unaltered, at 3s. to Bs. prem.
The dealings in foreign securities again consisted
' chiefly of sales, and prices experienced a freak
decline in some cases. Turkish Bonds of 1864 and
1858 showed chief depression, and gave way to the
extent of 1 to 2 per cent ; Brazilian of 1866 also
receded ; ditto scrip, ; and Mexican, Spanish
Pasaive, and Turkish of 1865, I. On the other
hand, there was a demand for Russian Bonds of
1850, 1859, and 1862, which improved 1 to 1} per
cent. ; Italian of 1861 also rose

MINES.-(THIS DAT.)

Os' °T way.

The amount of business in British mining secu-
rities is exceedingly small to-day, and prices are
‘tio;.ed the same as on Saturday. A few transac-
tions are reported in East Caradon, East Grenville,
Prince of Wales, and West Chiveron shares.

On Saturday afternoon the foundation stone of
Paton-Wick Chapel of Ease—ace appastege of Mae Col-
lege—was laid. The site selected for the buildias is known
as Shipgate, and adjoira the National Saari& . Good-
ford, the Provost of Eton, performed the esramosy: and
there were also present the Rev. Dr. &Woe, head master
of Eton College ; the Rev. 3. Shepherd, the Rev. G. d.
Dupuis, the Rev. W. L. Eliot, the Rev. K
Colonel Forbes, Ice. The oarsman was preceded
prayers, the service being conducted the Rev. J. Shep-
herd, in whose district the church is situated. The stone
having been duly laid, the gathering was addressed by the
provost.
THY GREAT YARMOUTH ELECTION COMMISSION.
—lt was understood that the oommimioners appointed to
inquire Into corrupt electoral practices at Great Yarmouth
would commence their sitting on the 13th ind. An ad-
journment hsa, however, taken plain to the 16th, when
the commissioners will proceed with their long anticipated
investigation.
AOOOUNTANT-GENERAL'S OITFICE.—The office of
the Accountant-General of the Court of Chancery will
elm* by order on Friday next until the 2bth October,
with the exception of a few days for the October
dividends.
NEW BANE AT BIEWINGHAM.—A new joint stock
banking company, oaths limited liability principle, hasbeen
formed at Birmingham, to supply the void caused by the
of the Birmingham Banking Oompsny," the
stoppage
the new company retains. The bank is to
be opened for business on Thursday next.
A CHAMBER OF AGRICULTURE FOR SHBOPIIHIRE.
—On Saturday afternoon a large and influential meeting
of farmers and agriculturists was held at the Hotel,
Shrewsbury, for the purpose of taking the pre '
steps towards the formation of a county dumber of agn-
culture in connexion with the Cent al Chamber, and with
other local chambers now being formed in the various
agricultural districts throughout the county. Several
of the farmers present expreued their hearty concurrence
in the proposal, and • committee was named to enrol
members. Ppwarcle of fifty names were subscribed in the
room.
THE ANCIENT ORDER OF FORESTERS AND THILIFM-
BOAT CAUl4ll—The Ancient Order of Foresters has just
sent to the National Lifeboat Institution, as • contribution
for the current year, the munificent sum at 3431. Is. 11d.
in aid of the support of their lifeboat stationed ie Cardigan
Me, and of the general purposes of the Lifeboat
tier. Altogether the Order, to which upwards of 300,000
persons belong, has contributed to the inatitutioa
through the principal and able secretary, Mr. Samuel
shawixoes, 1.69/. 14s. 2d. The contributions have
eel .ed from • penny to one shilling from
memters of this great body, and • MOTO sub-
stantial token of sympathy and support for • great and
national work has probably never before bean recorded in
the annals of any benevolent institution. It should, how-
ever, be remembered that the Lifeboat Society contributes
every year to the saving of between 600 and 700 lives from
shipwrecks, and that no doubt many of the tenons thus
snatched from a watery grave are members of this benefi-
cent and popular order, which accomplishes so much
in mitigethe; the sufferings of its members, their widows
and orphans.
THE OYSTER SEASON. —The legitimate opening of
the oyster season took place on Saturday morning at Bil-
lingsgate market. Sales commererd briskly, but from the
eninTrinttively scanty supply of bona fide ' nr.tives" and
the high prices asked by ti's wholesale dealers (M. per
' bushel), but little business was done until about six o'clock,
Iwhen the value fell a little' and operations were recom-
menced with vigour. Prices were : Natives, 965. to 100 s.
per bushel ; pearls, cheyney rocks, and old royals, 30s. to
. .1-a. • common and Ohm" inferior kinds, from 13a. per
bushel upwards.
"TEN PER CENT." IN COMPENSATION CASEB.
OD Saturday, at the Lord Mayor's Court, in • compensation
case, " Lord Galway e. the London, Chatham, and Dover
Railway," in which a claim of about 36,0001. was made for
some property on Snow-hill, under the will of the
late Viscount Galway, in addition ti the value of the land
a sum of ten per cent. for a compulsory ale, which it was
stated was always allowed was added, and the tan per
cent. alone was upwards of 3,0001. A verdict of 213,01104
was agreed upon.
FIFTEEN COTTAGES BURNED DOWN IN OXFORD;
senam—On Saturday afternoon a fire broke out at the
rinses of Islip, which in a very short time caused fifteen
poor families to be bouseless ; their abodes,with their
furniture, being entirely consumed. It was lately three
Fours before an engine from Oxford arrived, too late to
save any of the cot.ages. The fire broke out in a hovel,
where some live embers had been incautiously thrown in
with the ashes. The door of tam cottage bad been left
open, and the buildings being thatched, the fire aeon com-
municated to the cottages, and the flames being assisted
by a strong wind, the tenements were very quickly humid
to the ground.
FATAL GUN ACCIDENT. —A most melancholy
occurrence took place yesterday in Leeds. Whilst Thoman
Lockwood, • clerk in the Leeds Post-oillos, was in a beer-
house in York-street, he laughingly presented es old gun
at the landlady. Mrs. Epink, being unaware that the piece
wee capped and loaded. The gun went off, and the charge
lodged in Mrs. Spink's head, causing immediate death.
The young man, who was horror-stricken at what had
occurred, at once gave himself into the custody of the
FATAL CARRIAGE ACCIDENT IN WINDMOE-PAEE.
—On Saturday evening • very shocking accident occurred
at the south end of the Long-walk, Windaor-park. About
8 o'clock Mr. Oliver, a gentleman of property, residing in
Windsor, accompanied by Mr. Feakes, the latter's wife and
his children, was driving in Windsor-park, the party coca-
PTig a waggonette.
Snow-hiUmor„ hich
is crownedthe
horse commenced kicking, and finally ran away, leaving the
bynettthee .
el As
equestrian
tlanapsyeam statue
s g, dawn
carriage road for the park. Mr. Foakes, becoming alarmed,
slipped from the carriage, and was thrown backward en
the ground, with which his bead came in violent contact,
u wP
killing the unfortunate gentleman upon the spot, the
dreadful occurrence being witnessed by his distracted wife
and children.
FATAL ENCOUNTER BETWEEN TWO BROTHELS AT
BASYLEFOGI..—On Saturday, • young man named Thomas
Ridadsie Marshall, aged 16 years, died at e
f injuries received at the hands of his eldleiraltiwoter.
o..der the following circumstances :—On eaterday, tar
21st ult., the deceased and his brother,
foes Jame
who
is two or three years his
senior, came from their work
at the Middleton Iron Foundry, about 1 o'clock, and when
they arrived at home in Bond-street, they both went into
the kitchen. The deceased took hold of • chair for the
purpose of placing it at the table for dieser, when the
elder brother seized it, and tried to take it from him.
Mile they were struggling, the two fore legi came off,
and were left in the hands of the deceased
ex the
excitement of the moment he threw the lei at his elder
brother, and one of them struck him • slight blow. Some-
what enraged at his brother's conduct with the body of the
chair he dealt • blow with eassiderable force on the head
of the deceased, knocking him down. The deceased w
it.
not at first hissaarible, but sabeequently beemne so. Dr.
Moore, who was called in, found it nesemary to remove a
pprenee of the skull about thesis, of a florin, whisk bad been
brekeu sad displaced. The deceased gradually sank, and
expired at 4 e'doa on Saturday emening. An loons*
was held in the Town-ball on Saturday eveniag, before
Mr. Settle, coroner, but it was edieurned in order *WY
a pest isortesn examiestios might be made in order then
tdreier would images the possibility of death having
beta peollesset by any diver canes tarn that of the blow by
deceased's brother.—Leeds Mercury.