The Express.
London, England, 1866-11-05 00:00:00

COMMERCIAL AND MARKET&

MARK-LANE.-(THIS DAY.)
The arrivals of English wheat fresh up to-day were only
moderate, and most of the samples cams to hand in but
middling condition. The demand for all kinds was in •
very inactive state, at a decline in the quotations nom-
pared with Monday hest of 2a. per quarter. At that de-
cline a clearance was with difficulty effected.
The show of foreign wheat was by no means extensive.
All kinds moved off slowly, and the currencies had a
drooping tendency ; the fall, in fact, was about ls. per qr.
Fine barley moved off freely at full currencies. Grind-
ing and distilling sorts, the supply of which was good,
were heavy and rather cheaper.
There was a fair inquiry for malt at last week's cur-

rantcy.Good sound oats were held at full quotations, but heated
parcels were rather cheaper. The supple was extensive.
The demand for beans was steady, at late rates.
Peas commanded full prices, but the inquiry for them
was inactive.
The flour trade was somewhat heavy, but no actual de-
cline took plaos in prices.
The demand for wheat, aflat off coast, was less active
than last week ; nevertheless a fair business was con-
cluded, and prices generally ruled firm. Berdian-
ski, arrived, 575. tid.; Marianople, 575. ; ditto ship-
ping, 57a. 6d. ; Ghirka, arrived, 50s. 3d. to 565. ;
ditto on passage, 545. 6.d. to 575. ; ditto shipping,
535. :id. to 575.; ditto shipped, or to be shipped, 555. to
565. 6d.; ditto, Nov., Dec., or January shipment, 565. 3d.
per 4921ba. Maize, although unaltered in value, met with
very little attention. Rachova, arrived, 30s. 104 d.
to 335. ; Danubian, 295.; Ibrail, 335. to 345. per 4501 s.
There was a fair inquiry for barley for forward shipment
at fully late rates. In arrived cargoes the transactions
were on a limited scale, but at unaltered currencies.
Nioolaieff, arrived, 295. 3kl. ; Azoff, 295. 3d. ;
Odessa, on passage, als. ; Danubian, 2Sa. 9.1. per
4001bs. The trade for rye was steady, but owing
to the shortness of the supply the sales were
only to a moderate extent. New Azoff, shipping. 335. per
4801bs. Beans were held at full quotations; Egyptian,
39e. per 48016 i. The demand for linseed was heavy, and
prices ruled the turn in favour of buyers ; Patna, arrived,
.03. ; Calcutta, 68s. 3d. per 4191b5. ; Odessa, arrived,
61s. 6d. per 4241ba. ; Bombay, in warehouse, 09s. to 70s. ;
Calcutta, 68s. to 695. ; Black Sea and Azoff, 625. per qr. ;
Linseed cakes moved off slowly at late rates ; Loudon-
made, 111. to 111. ss. ; New York, in barrels, 111. 19s. ;
ditto, iu bags, 101. 15e. to 111. ; Western, 101. se. to
IW. 10.., and Marseilles 91. 10s. per ton. Cottonseed
mires were in improved request, at 5/. to 5/. ss. per ton.
Rapeseed was rather easier in value, with a limited demand.
East Indian, shipped or to be shipped, 50s. 3d. per five
mounds. Cottonseed was steady, at N. 10s. per ton.
ARRIVAL OF SEEDS.-English-Tares, 13 ; linseed, 42 ;
rapeseed, 70; maize, 354, and sundry, 279 qrs. Fo-
reign-Linseed, 2,761 ; rapeseed, 8,6=; maize, 21,846 ;
and sundry, 3.50 qrs.
Exeowrs.-Wheat, 2,400; oats, 560; linseed, 12; oil-
seed, 2,485 qrs.; and flour, 88 cwts.

CURRENT PRICE .
ENGLISH.
Per ttr. i
I. 11. OATS.
50 to 56 • Scotch potato
60 to !Ai Irish, white
:.0 to G 3 i „ black
5u to 62 1 BEANS.
, Maragan
51 to 56. Tick BB to 43
Harrow
Malting . ... 00 to 53 ' Pigeon 44 to 47
Instilling .
Grinding 33 to 40. Grey
MALT. ' Maple
Essex, Norfolk, and 1 White
Suffolk 64 to 74! Boilers
Kingston and Ware IS to 76 , ILot R.
Brown 54 to 57 Town made, per 130
ROIL IM.
New — to Household 47 to fo
OATS. • • Country .. . . ..
English, teed lO to 24 Norfolk and Suffolk,
potato
Scotch, feed
Folitlo3l.
Per qr. 1 Per Q 7.
WHEAT. a. a. OATS. a s.
Dantrlc and Kouigs- Danish and Swedish. 31 tn 26
berg 56 to C 6 Russian
Rostock do Mediae's- BEANS.
burg 63 to 60 . Danish
Danish
Russian, hard
39
soft
American, red
White .. to 41
~ white ..
!. —to
—1
1.N..P.1.4ii Colin.
HAMA
33 to 9.8 ; Yellow ...:
:43 t.. 3e ; FL.L'it.
40 to 44 • French, per suck .... 38 to 43
OATS. ; Spanish „ .... SS to 4•_'
Dutch brewing
„ feeding
ARRIVAI.S OF GRAIN, Ac., INTO LONDON, BY LAND AND
WATER CARRIAGE, FROM ucr. 29 TO NOV. 3, IN-
CLUSIVE

WHEAT.
Essex, Kent, red, old
uew

Pa Qr.
a. a.
28 td 32
21 to 2d

new
Norfolkand Lincoln
red, new ... .

Slaking .

1 Axuz.

Wheatyra
tiJIU

Barley. Malt. (lata Beane
gra Ora. . gra ' gra
5241 1.57v7 2.12 101 l
3C.g I_Si

lriih
Foreign ! 214,0 16732 .
Total I 21390 124333 13707. 63242 2262 111. x. 224* 24219

SS to SE
to
SS to 41
to

to
38 to 40

33 to 31
31 to 32

I;rs. bd.; szics.
1115 .. 11./.1,1

2Z ii scl4 i 7

2? -4S 4751

LIVERPOOL COTTON MARKET.
(THIS DAY.)
(BY ELECTRIC AND INTERNATIONAL TELEGRAPH.)
(FROM OCR OWN CORRESPONDENT.)
The market is very stc..ly to-day and demand brisk.
Salva between 15,U0u to 12,000 Wes.

lIINCING-LANE.—(THIS DAY.)
SrGAß.—There is a fair demand for low qualities, but
the °Hera made are refused by holders. Reined: Dried
goods continue in active request at full prices.
t'orri:E. -Owing to large parcels being declared for pub.
lie sale, the market privately is quiet, but the few sales
reported are at firm prices.
TEA.— The trade are occupied with the samples of the
parcels to be offered to-morrow and following days.
Curr.,N.—There is an improved demand (owing to an
advance telegraphed from America), about 1,000 bales Nold
at 4.1. per lb. advance.
Nu sales reported iu other articles.

TALLOW BLXRKET.-(THIS DAY.)
The market is quiet at the following prices:—Town
tallow, 4341. ; Petersburg Y.C. on the s 14, 44a. ; De-
cember, 44a. 311.; January to March, 44a.
PART IC I: LA 1. 'TALLOW.

1864. 188.5. 1968.
•

St.wk 0n band this day ..casks 63.214 154,176 46.593 : 43.60
1/.li very lnq week .... _ 2.174 1, 2,773 2.;143 1,703
Imt. tram lst June 30.335 31.0 r, 4e,112 41.104
Arrival last week
1)111' from Ist June.... 5r..202 I 43,5211 62.627 59.459
s d. P S. d. .1. P d d. 4. d. d.
PriceY nn spot this day 43 94446 3 6 506 '44 3
!Attu Town list Friday
. -

Arrival for the week enclitic 13th Nov last rear 3.001 'casks
and •ielirerv. 3,476 moks. nearest' last week comprised 1,033
casks from l'etemburg.

METROPOLITAN CATTLE MARKET.
(THIS DAY.)
The number of beasts is about the same as on Monday
last. Trade is exceedingly dull. and prices, on the average.
are lower, nor can a clearance be effected. The supply of
sheep is larger, and thedemand is very limited. The choicest
descriptions find purchasers, hut other kinds are very
unsaleable. Calves are also selling at lower rates. Our
foreign supply consists of 1.7:40 helots, 9,170 sheep. 1(14
calves, and 210 pigs. From Ireland, 190 beasts, and 2,114
from the northern and midland counties.
Per stone of .Do. a d. s. d. I Mar stone of 81bs. s. d. ad.
Best Scots, Iferefds. 4 10 5 2 Best Dusk 111-IdsBll 0 0 0 0
Bert Short-horns 4 8 5 0 1 Best Long-w 0015.... 5 0 5 4
Second quaL beasts 32 4 4 Do. do. Shorn.... 0 0 0
Calves
Pies
Best Dos& 111 f-heeds 5 10 6 2, Lambs
Beasts at market, 6,0z0; sheep and lambs, 21,0:0. calves, 1.25;
610.

Pit`•

BOROUGH HOP MARKET.--(THIS DAY.)
Me‘trs. Pattenden and Smith report the market steady,
the demand being limitoi to the wants of consumers,
prices ruling firm at last week's quotations.

TES FINANCIAL COSPORATION.--(THIS DAY.)—
In the ROIL Chambers, CliaDoery-lane, before Mr. C. B.
Church, the chief clerkattached to the court, en application
was this morning made by Mr. Venn, solicitor, on behalf
of three alleged contributories, that they might be at
liberty to attend the examination now being taken by the
special examiner. Mr. Argles (Flux and Argles), for the
official liquidators, offered no objection to this course
being pursued, and the chief clerk made the order ac-
cordingly, that the applicants should be at liberty to
attend the meetings in future.
UN,crwr Winn wre,—At a special sessions at New-
ington on Wadneedsy 68 tradesmen were fined for having
in their poeression unjust weights, scales, or meaeures.
The list comprised 25 lioensed victuallers and beer re-
tailers, 11 chandlers, five butchers, eight bakers, one
eating-house keeper, five coal and potato dealers, five
grocers and cheesernongers, one fruiterer and fishmonger,
I two marine storekeepers, one corn-chandler, one wool-
stapler, one iron merchant, and one rine worker. The
fines amounted to 121/. 15a. Curious to relate, one of the
persons fined—a widow--re=d in the name of Virtue
innocent !—Soarth Loudon
EXPOSTS OF BRITISH GOODS TROY LITZ/WOOL.—
' The total value of British goods in September, 1886, was
7,782,7461., and for the nine months ending 30th Septem-
ber, 67,149,4871. Of this amount the United States oh-
sorbed 1,684,8 M. for the month, and for the nine
months 16,090,458/. Both periods show a large increase
ever previous years on the aggregate calculation, but a
decrease so far es Australia is concerned.
A Fivan-wrarca VILLAOR.—The " model vil-
lage of ffoorton," which is situated between Lancaster and
Preston, and which contains neither • publichouse nor a
beershop, has just been subjected to a fearful scourge in
the shape of typhus fever. Burin; the past nine or ten
weeks the epidsmic has been raging with more or leas
virulence.

MONEY MARKET.-(THIS DAY.)

011 o'CLuoi.

The dealings in public securities to-day are
upon a very moderate scale, and prices generally
show dulness. Attention is partly directed to the
monthly settlement in Console, which will be con-
cluded on Wednesday. The charge for carrying
over stock to the new account is I to 5-16, or at the
rate of 3 per cent. per annum. The funds are
[ unaltered, but a few of the English railways
[ have given way. North British stock exhibits
[ prominent depression. In the foreign department,
Turkish bonds of 1865 have advanced, upon the
satisfactory announcement just made with respect
to the 6 per cent. loan of last year. Anglo-
American and Atlantic Telegraph shares have again
improved, while the 5-20 bonds and American
railways have declined.

The discount market is quiet to-day, with a large
amount of money seeking employment, and few
bills offering. The general quotation is to 4 per
cent.

Consols are now quoted 891 to 1 both for money
and next Wednesday's settlement, and 89/i to for
the new account (December).
Turkish Bonds of 1865 are in demand, and
have improved per cent. Mexican have also
risen 1, but Spanish Passive and Certificates re-
main dull. Turkish Bonds of 1862 are quoted 581
to 591 ; ditto, 1865, 311 to 1 ; Greek, 131 to 141;
Spanish Passive, 21:! ; ditto Certificates, 135!
to T.; ; Italian of 1861, 55i, to g ; Mexican, 16. i
to
United States 5-20 Bonds have receded 1 per
cent. ; Erie Railway shares, 1 ; and Illinois Central.
I. The present quotations are :-5-21J Bonds, 68
to : Erie Railway shares, 501 to 511 ; and Illi-
nois Central, 761 to 771.
Anglo-American and Atlantic Telegraph shares
have improved 7s. Gd. to 10a., being ~-aoted 14 to
1 and 4;.; to 1 respectively.
The Omar Pacha and True Briton have arrived
from Melbourne with 131,500/. in gold; the Asia
and Malta, from the United States, with 71,000'. ;
the Oneida, front Brazil, with 51,000!. The total
is 253,500/.
International Financial shares are quoted 11
to 14 dis. ; London Financial, 15i to 141 dia. ;
General Credit, 21 to dis. ; Credit Fancier,
41 to 41 ; National Discount, 91 to 101 prem. ;
and Hudson's Bay, 16,1, to 4.
HALF-VAST 'PUREE o'Ctocii..
Tenders were opened at the London and \Vest
minster Bank at 2 o'clock this afternoon for
850,000/. of Victoria Six per Cent. Debentures.
The total applied for was 3,174001., of which
1,500,000/. was at and above the of
102/. 10s. One tender was for 300,000/.,
at
1031. Os. 111. The lowest tender was at 881., and
the highest at 104!. 10s. There were 419 tenders
in all. Nearly the whole of the loan is understood
to have been taken by a few firms.
Consols are still quoted s9l to g both for money
and next Wednesday's settlement, and bV to for
the new account.
About 50,00(1/, in bar gold has been sent into
the Bank to-day, and 30,0(XI/. withdrawn for
Egypt.
At Paris this morning the Three per Cent. Rentes
opened at 68fr. 75c., being sc. better than on
Saturday.
The remittances of specie to the East are still
upon only a very moderate scale. The steamer
Massilia takes 38,04);/., of which 20,175/. is geld
for Alexandria, 791/. gold for Madras, 10,150/.
tdlyer for Calcutta, 5.940/. silver for Sing:if...re, ;old
990/. silver for Hong Kong.
A satisfactory step towards retrieving Turkish
credit has just been taken. A notification issued
with reference to the Ottoman Six per Cent.
Loan of 1865 states that "the produce of the re-
venues specially assigned to this loan having already
been received by the Imperial Ottoman Bank, the
Ottoman Government has requested the bank to
pay of once the dividend on this lean due the Ist
January next." Holders of these builds may there-
fore. on and after the sth instant, receive the divi-
dend due in January next, less discount at t; per
cent. per annum, at the London agency of the Im-
perial otteman Bank. or in Paris from the Credit
Mobilier Society. The satisfactory part of this
announcement c.msists in the fact that the funds to
be thus applied are really the produce of the re-
venues assigned to this loan, and not, as some
people might be tempted to suppose. derived front
a loan made at a high cost to the Turkish govern-
ment to enable it to gain friat by anticipating the
payment of a dividend, after its late delay in the
payment of the 5 per cent. general debt dividend.
The loan in question is but little dealt in on
the English market. The last quotation for
it in Paris was 50, or nearly 10 per cent. below
the price of the loans of 1858 and 1862, over
which it has the especial advantage that the
tax upon which it is secured—the sheep tithes—
is paid directly to the Imperial Ott. anan Bank. and
does not pigs through the hands of the government,
as has hitherto been the case with the duties and
taxes specially assigned for payment of dividend on
the other loans.
The letters of allotment for the 100,0001. of New
Zealand Government Six per Cent. Braids were dis-
tributed on Saturday. The distribution, confined
to applicants for 1,4i00/. or upwards, has been at
the rate of rather less than one-tenth of the amount
applied for.
On the 31st ult. an important meeting of share-
holders of that very unfortunate undertaking the
Humber Ironworks and Shipbuilding Company
(Limited) was held in Hull. The late chairman
of the company, Mr. E. W. \\-;akin, M.l'., was
present, and Mr. Henry Chatteris, the official
liquidator, was voted into the chair. Mr. Chat-
teris stated that, according to the present esti-
' mates, the company seem likely to have sufficient
to pay all their liabilities without making further
calla, and perhaps some trifle may be returned to
the shareholders. A committee was formed to
co-operate with the liquidator with respect to the
best mode of making the company's works avail-
able for sale or letting. Thanks were then voted
to the liquidator and the meeting was adjourned.
The liquidators of the Imperial Mercantile
Credit Association (Limited) have just issued the
annexed notification :
It being our intention to declare a dividend of two
shillings and sixpence in the pound, to be payable on or
about the 15th instant, on all claims which shall have been
duly admitted before that date, we have to request that
you will immediately exhibit to or deposit wites h us for
examination and registration any bills or securiti which
cylouudemdayarranghold.
emSeunct4h crordittohrse
reasle.maey noort
ryaeutrnhavae con-one-
eighth part of their securities, in accordance with the pro-
posal made by the committee, on payment of the above
dividend are requested to communicate with us forthwith, •
in order that such arrangement may be entered into with
them without further delay.
With reference to the United Merthyr Collieries
Company (Limited) it appears that a bill in
Chancery has been filed by certain shareholders
against the directors, promoters, and liquidators,
praying that the Court of Chancery would restrain
the liquidators from taking any proceedings to en-
force payment of the call made by them.
Subjoined is a statement (from Mr. Slaughter's
Weekly List) of the railway calls falling due in the
month of November. The total is below the
average :

Amount per Shim

Doe Already Number
Due is N0v.,1908. Date. Paid. all of Shares Amount
Lidera Bengal, new
shares
Great imam ee per
cent. Pref. Steck ..,. IS dept. le 0 00.210,421 04,0154
Greet Indian Peninsula
Shares LI9 paid 8 18 20 0 11900 5,600
Ditto ditto LI paid
gout

Total Is Novanaber

. L77t,b26

Toiol In 11 months of 11101. ...111,064,434