The Express.
London, England, 1866-05-26 00:00:00

CAMBRIDGE ASYLUM FOR SOLDIERS' WIDOWS.
(THIS DAY.)

SHARE msra—{THlS DAY.)

0111 O'CLOCK. 11
The railway market is buoyant to-day, and an
important recovery has occurred in prices. Caledo-
than stock has improved 2 per cent ; Great Northern 2.2
(original), 11 ; South Eastern, 11 • Metropolitan,
London and North Western, Midland, and Great
Northern A, 1 ; Lancashire and Yorkshire and
Great Eastern, ; London, Chatham, and Dover, 1 ;
and Great Western, 1.
London and North-Western stock may be quoted LI
1141 to 1151 ; Metropolitan, 1231 to 1241 ; Great
Western, 63 to ; Midland, 120,1 to 121;
shire and Yorkshire, 119 to ; South-Eastern,
70 to 4 ; Great Northern, 122 to 124 ; ditto A,
1301 -to 1311 • Caledonian, 125 to 127 ; London,
Chatham, and Dover, 25 to 26 ; and Great East-
ern, 361 to 371.
There is a demand for foreign and colonial rail-
way securities, which exhibit an upward tendency.
ORDINARY SRAM AND STOCKS.
st. I Pd. I RAILWAYS I y Cr. I Sales dal/

The fifteenth annual meeting of the friends of
the above institution was held this day in the theatre of
the United Service Institution, Whitehall; Lord FREDE-
RICK PAol.yr in the chair.
Major Pasant., R.A.,thesearetary read the report,
which
stated the gratification of the committee at being enabled
to report the satisfactory progress of the institution.
The Prince of Wales presided at the fourth tri-
ennial festival in June last, on which occasion
the sum of 1,0311. was added to the fund. There are now
46 widows in the asylum, two deaths having occurred
during the year, and one removed through insanity. Four
widows are to be elected at the present meeting, one on
the presentation of the Duke of Cambridge and three
by the lady subscribers. During the past year the building
had been renovated and repaired, and an additional 6cl. per
week granted to the inmates consequent on the high price
of provisions. The financial statement showed the total
receipts for the year to be, including donations of 1,289/.,
2,799!. 9s. 10d., and the expenditure, including the pur-
chase of 500/. stock, 2,5121. Bs. 6d., leaving a balance of
2871. 4s. 4d.
Colonel the Hon. R. LIDDELL moved and Lieut.-Col.
CAMPBELL seconded the adoption of the report, which was
agreed to.
Addresses in support of the institution were then
given by General Sir E. Cust, Col. Ilaygarthe, Col. Pon- St.
sonby, Rev. J. Brown, Sir R. Dacres, and others, and the St.
committee and other officers having been elected for the 60
ensuing year, the election of three widows took place, and 90
the proceedings concluded with a vote of thanks to the rt:.

100 Bristol and Master
100 CaledonLsn
100 Cambrian

69 91
124 126
60 66
Is 16
3 6
67 70
70 72

;711 ;Cork and Bandon
all Cornwall 1
100 DublinandßelfastJunel
100 Dundee, Perth,&Abd
all 'East London Scrip Cert
100 Do
100 Glasgow and S. Western,
100 .Great Eastern Ord. St
100 De. E. Ang. Stk., No 2
, 100 IlreatNorth of Scotland'
' 100 Great Northern
100 Do.A
.1 A rec. no city. un-,
100 I Do. B tilap. c. is peldß,
100 'Do. New Ms. a' PS pm.l
80 IDo. Ord. Def. Dir. Stoc
100 !Ot. South & West. (Ire )
100 Oreat Western
1001 Do.StourVaLOua.Pek
100 Do. South Wales
I 100 Do. W. Nfld.—Oxford
100 ' Do. Do. iNewport
100 Lancashire &Yorksre
100 Lon. , Brightn. & &Coast
100 London,Chatham,&Dov
100 Du. Met. Exten.
100 London & North Weatu.
100 ILundunkSouthWesteru.
100 Man. She., &Lincolnik
100 'Metropolitan
7I Do. New
8 Do. Extension
all (Metropolitan District
10 Do. do. do. .. ,
all Do. &St. Johne•wood
100 Midland
6 I Do. £9 Shares
100 , Do. Birm. & Derby
lall (Mid Kent
100
INorth British
100 Do. Win ,Perth,Dund.
100 N. Eastern—Berwick
1 161 Do. O. N. K Pure
. 100 Do. Leeds
100 Do. York
11001 Do. Carlisle
all Do. Stock.&Darting.
12 , Do. do., 1660-01
100 North London
7 l Do. do., 18.04
7 Do. do., 180
. 100 'North Staffordshire
. 100 N. & & Western June.
. 100 Scottish Central
. 100 Scottish N. E. Aber. Stk
100 Scottish Midland

36i 6

St. 100 Shropshire Union
St. 100 South Devon
St. 100 South Eastern
20 , all Staines,Wokingham,&c
St. 100 Taff Vale
10 3 Do. C
St. 100 Vale of Neath
St. 100 Waterford & Kilkenny
10 ' 6 Waterloo & Whitehall
84 XlOO West Cornwall

THE EXPRESS, SATURDAY EVENING, MAY 26, 1866.

a.prieft

01 91
90 96
0o 91
76 79
70 79
109 104
104 104
104 104
101 101
116 99
100 102 od
106 107 id

102 10
103 106
101 103 zd
104 106
97 100 zd
90 93

91 91
86 87
94 98
70 73
98 99
97 99

lia 1

prUes. ( •

MONEY MARKET.-(THIS DAY.)

Three per Cents. Reduced, 841, 1, ; New
Three per Gents., 841, I, 1, ; India Five per Cent
Stock, 1051, b, 1.
The India Five per Cent. stock was steady. The
March Exchequer Bills were 3s. higher, at The. to
ss. die. ; and the June unaltered, at 10s. to 3s. dia.
The foreign stock market was firmer to-day, and
a recovery took place in some of the speculative
descriptions. Danubian Bonds improved 2 per
cent. ; Spanish Passive, ; the Committee's Cer-
tificates, Mexican (old), and Italian of 1861, 1 ;
and Mexican of 1864, ; Turkish of 1886, how-
ever, declined 1.
The shares of the financial companies were quiet,
and the only variations were a recovery of 7s. 6d.
in Credit Foncier and Mobilier, and a decline of
10s. in Imperial Mercantile. Prices were last
quoted as follows :—lnternational Financial, 21
to 2 dis. ; General Credit 31 to 21( dia.
London Financial,' 16 to 14 die. ; Imperial
Mercantile Credit, 101 to 91 dis. ; Credit Foncier
L and Mobilier, 31 to 2 die.
National Discount shares were last quoted 6 to
7 prem., showing a rally of 11. ; Overend, Gur-
ney, and Co., 18 to 16 die. ; General Ottoman, par
to 2 prem. ; and Hudson's Bay, 141 to 15, being
dull. The amount of business in miscellaneous
shares was small, and the tendency of prices dull.
Cotamercial Union, Egyptian Trading, Italian Irri-
gation, Natal Land, Peninsular and Oriental Steam,
and Union Marine of Liverpool declined. Crystal
Palace stock also receded 1 per cent.
There was a demand for United States 5.20 Bonds,
which advanced a per cent. On the other hand
Erie Railway shares declined 1, and Illinois Central
1. Virginia State Six per Cents. were also 1 per
cent. lower. Prices closed as follows :-5.20
Bonds, 64i to 65 ; Erie Railway shares, 40i to
41 ; Illinois Central, 74 to 751.

Om o'CLoac.
The stock and share markets are decidedly firmer
today, and an important recovery has occurred in
prices, owing chiefly to the arrival of nearly
750,0001. in gold from New York, s large
portion of which is expected to be sent into
the Bank of England. Bank shares are in
especial request, and exhibit an important rise.
London and County have improved 4/. ; Agra and
blasterman's, 31. 10s. ; Alliance, 1/. ; and Consoli-
dated, 10s. The funds have advanced 1 percent., and
foreign bonds 1 to I, the chief movement being
in Spanish Certificates. The rise in British rail-
ways ranges from 1 to 2 per cent., and in American
securities from 1 to 11. Financial shares are
steady.
There is a good demand for money to-day, and
the lowest rate for choice bills is 10 per cent. A
large amount of Indian paper has just arrived at
maturity. In the Stock Exchange short loans on
English government securities are obtainable at 8
to 9 per cent.
Consols are now quoted 86} to 87, with div., for
money, and 85/- to I, ex div., for the account
(June 6).
The steamer Scotia has brought 618,5001. in
specie from New York ; the Arago, 91,0001. ; and
the Borussia, 24,5001.; making a total of 735,0001.
Foreign stocks are in request, and have advanced
in many cases. Spanish Certificates have improved
i per cent. ; Greek, Spanish Passive, and Bra-
zilian scrip, 1 ; Italian of 1861, 1, and
Turkish of 1865 and Mexican, 1. Turkish
Bonds of 1862 are now quoted 56 to 58 ;
ditto of 1865, 30 to 1 ; Greek, 91 to 101 ;
Spanish Passive, 19 to 1 ; ditto Certificates, 14
to / ; Italian of 1861, 391 to 401 ; Breath= scrip,
81 to 71 dia. ; and Mexican, 161 to 1.
American securities are in strong demand at an
advance-5-20 Bonds have improved 1 per cent.,
Erie Railway shares 11, and Illinois Central 1.
The present quotations are aafollows :-5-20Bonds,
651 to 66 ; Erie Railway shares, 42 to -/r ; and Illi-
nois Central, 751 to 761.'
International Financial shares are now quoted
21 to 11 dia. ; London Financial, 16 to 15 dis.;
General Credit, 31 to 2i, dia. ; Imperial Mercantile,
101 to 91 dis. ;Credit Foncier, 3/ to 21 dis. ; Overend,
_ Gurney, and Co., 18 to 16 dis. ; and National
- Discount, 6to 7 prem.
At a meeting of the committee of Spanish Certi-
ficate holders held yesterday, Mr. David Robert-
son, M.P., in the chair, the following resolutions
were unanimously adopted :
1. That this meeting has seen with surprise and
regret several letters purporting to be from Passive
Bondholders, in a leading journal, and its remarks there-
upon, insinuating that those who have the direction of the
affairs of this committee have sacrificed the interest of the
Passive to that of the Certificate holders. This meeting
desires to contradict in the most ungindifieti tenon this
unworthy assertion, no less unjust as utterly unfounded.
7 2. This meeting desires to express its continued confidence
- in his excellency Marshal O'Donnel and his colleague in
carrying through the Cortes the project of law introduced
into it by hie government, and further to express, on the
part of the lintiah public interested in the Certificates,
their entire approval of the settlement proposed therein.
3. That this committee will continue their endeavours,
through their commissioner at Madrid, to aid the Spanish
government in coming to an immediate settleine-•t of these
claims in a manner honourable to Spain, her government,
and her Cortes, upon tenon which have been agreed upon
as satisfactory to those whom the committee represents.
About 23,0001. in gold, including 20,000 sove-
, reigns from Alexandria, was sent into the Bank '
yes-
terday, while 28,000/. was withdrawn for the conti-
nent.
The steamer Etna, from New York, has brought
97,5001. inspecie, being the largest remittance re-
ceived front that quarter for some time past.
The foreign exchanges still remain rather un-
settled. The rates yesterday afternoon were as fol-
lows:
Amsterdam, 3 months, 12 to 12.1 ; ditto, short, 11.14
to 11.16 ; Rotterdam. :3 months, 12 to 12.1 ; Antwerp,
I } 3 months, 25.55 to 29.65 ; Brussels, :i months, 25.55 to
25.65; Hambro and Altona, 3 months, 13.10 to 13.101 ;
Berlin, Cologne, B:c., 3 months, 6.28 to 7 ; St. Petersburg,
3 months, 25 to 241 ; Paris, short, 25 to 2.5.20 ; ditto,
3 months, 25.421 to 25.50 ; Marseilles, 3 months, 25.421
to 2.5.50 ; Frankfort-on-the-Maine, 3 months, 11s1 to
1191 ; Vienna, 3 months, 13.40 to 13.50 ; Trieste,
3 months, 13.40 to 13.50 ; Madrid, 3 months, 461 to 46 ;
Santander, 3 months, 461 to 46 ; Cadiz, 3 months, 471 to
47 ; Seville, 3 months, 471 to 47 ; Malaga 3 months,
47 to 46' ; Valencia, 3 months, 47 to 461; Barcelona,
3 months, 471 to 47 ; Bilbao, 3 months, 47 to 46' ;
Valladolid, 3 months, 46 now. ; Sarni:co-ea, 3 months, 47
to 461 ; Leghorn, 3 months, 25 to 25.20 ; Genoa, 3 months,
28 to 28.20 ; Naples, 3 months, 2.$ to 2.211 ; Palernio,
3 months, 28 to 2.1.50 ; Messina, 3 months, 'Pi to 2.4.50 ;
Lisbon, 90 days date, 514 to 511; Oporto, 90 days date,
514 to 511.
The increase in the coin • and bullion in the
French Bank, while our Bank, in spite of its
10 per cent. rate of discount, is losing gold, is very
di. l. suggestive; of the necessity of an alteration in our
monetary system.
The weekly return of the Bank of France shows
the following changes :
Coin and bullion lncrease £550,000
Bills discounted
Government deposits lncrease 540,000
Notes in circulation
I'rivate deposits
Advances
The failure is announced of Messrs. W. K. Con-
brough and Co., merchants, of Liverpool. Their
liabilities reach about 150,0001., and the stoppage
is attributed to the heavy fall in cotton.
The 3fatteltester Examiner and Times of yester-
day contains the following :
The state of commercial affairs in Liverpool continues
unsatisfactory. Our correspondent, writing this (Thurs-
day) 'evening, says :-" This day has been one of tbs
gloomiest of the present crisis, and several more failures
of large houses were spoken of. Mr. F. Boult, and Mr. H.
Fernie, at the meeting of the Mersey Dock Board, resigned
rl2 their seats as members, on the ground that their respective
firms I Itoult, English, and Br.uolon, and Fertile Bros.) had
become involved in temporary difficulties. It is understood
that the same course will be adopted by several members
of the town council."
Messrs. Bedell, Prior, and Co. have just issued
the following satisfactory circular :
Bloat-lane-chambers, E.(.'., London, May 25.-Gentle-
men,-We beg to inform you that we have this day re-
sumed payments, and that, by the support of our ft lends,
our business will be conducted as heretofore. We respect-
fully and gratefully acknowledge the great kindness of
our creditors during our suspension, and remain faithfully,
as official In
your obedient
pop iscnrit -anentst of, Il
Mr.m,ELL, Pfu,dt. and
Kern Co.
The The
liquidator of the Contract Corporation, has this
day been confirmed, on appeal, by the Master of
Ili the Rolls.
It is notified that shareholders in the Imperial
Mercantile Credit Association who have not paid
the 21. 10s.. forming the first instalment of the
51. call, will nevertheless be entitled to vote at the
• meeting on Monday. We are informed that the
report of the committee of shareholders is to be
• issued to-day.
A petition for the winding up of the London and
. Mediterranean Bank (United) is to be heard before
- dis the Master of the Rolls on the 2nd of June.
-_ Vice-Chancellor Wood proposes, on the 6th of
June, to appoint an official liquidator to the Im-
perial Agency Company (Limited).
- From the report of the directors of the City of
- London Real
theal
Pro
annPerty Company (),
Limited
ual meeting on the 4th of June,
- ad we extract as follows :
- to be
- of 7,3871. 12s. 5d.; from this the directors recommend a
....
vioThwievreinvebnanuedac,
scohouwnts faobr,,tlhimecyeeianr,fawivothurtahetamhecratp.nprey-
- dividend at the rate of 7 per cent. for the year ;of which
- an interim dividend of 31 per cent. has already been paid.
- This will leave a balance of 4,13331. 14s. lid. to be carried
- forward.
---

MINES.-(THIS DAY.)

Oxs o'CLoos.

The transactions in the mining market are upon
a somewhat increased scale, and the tone is
slightly better. Clifford Amalgamated, West
Chiverton, and Prince of Wales shares are in chief
request. Sonic of the present quotationsare as follows :
—Clifford Amalgamated 9 to 10 ; West Chiverton,
69 to 71 ; Chiverton Moor, 4 to j ; Prince of
Wales, Bs. to 9s. ; Wheal Seton, 195 to 200 ; North
Treskerbv, 21 to ; Great Vor, 16} to 17 ; Chon-
tales, to 1 prem. ; and Frontino and Bolivia, I
to 1.
The subjoined weekly report on the metal
market is from the circular of Messrs. von
Dadelszen and North :
The unsettled state of the money market, coupled with
the uncertainty of continental politics, continues to prom
heavily on all kinds of metals. Consumers and shippers
only buy for their most pressing wants, and even the com-
parative low prices now ruling do not attract the atten-
tion of speculators. Iron.— e cannot report any clime
in the position of Welsh and Staffordshire ; the demand ur
very slack, and for good specifications makers are willing
to make concession. Scotch pig now rules at riOs. 9d.
cash. ('upper. —We have to report a much better market;
a large business reported in English, raw and manufac-
tured, at fixed prices. The smelters are now refusing
orders. Foreign is also in better demand, 87f. to paid
fur both Burr, and \Valero°, and further buyers. 811.
for Chili bars, and 861. lOs. for Chili ingots.
Tin—Quite neglected; a few swell lots of Straits have
changed hands from 7:7,1. to 761., according to quality and
shape ; Rance, nominally 781. ; English obtainable under
official quotations. The Dutch market is dull at 4441 L
Tin plate—Hardly euything doing, prices tending down-
wards. Lead —W ithuut change. speller— Very little
business don.. We quote spot from 201. 10s. to 20f. 15s. ;
21/. for July and August. Special marks in outpurts have
been dune at 2S. li s. bd.

FRIDAY EVENING.
Consols,which closed yesterday at 85t, ex div., for
the 6th of June, opened this morning at 851 to
and closed at mil to it. For money the last price
was 86} to t, with div. The official business re-
port is as follows :—Three per Cent. Consols, for
I money, 861, t, t ; ditto, for account, so; ;