The Express.
London, England, 1860-07-05 00:00:00

TRW: RIPRESS, THURSDAY EVENING, JULY 5. lB6O.

LAW INTELLIGENCE.
(THIS DAY.)

COURT OF BANKRUPTCY.
(Were Mr. Onemeiedeser GooIlion.)
IN Si JOllllllO3l /JID OILMAN.
The bankrupts were boat and shoe manufacturers of
Bad Crowning*, City, Hackney-road, and Norwich. This
Mae tle susininetice emotingg. The joint balance-sheet has
sot bees filed ; bat Gilman has filed& balance-sliest, show-
ing unsecured debts of 1,4871. and 14,366/. to creditors
claiming to hold seenrity. His assets are stated at
1,250(. ; property claimed am escurity,7,i4l/. The loans are
stated at 12,31J01. including 11,106 i. capital invested in the
firm The joint liabilities are between 3i),0001. and
and the principal asset is a claim on an insurance company
la respect of a fire which occurred on the bankrupts' pre.
mires in April last.
The examiaatioa was adjourned to the 30th of September

IN Mt AUPTEX.-Tll6 LEATH= TRADE.

—.—
Adjudication of bankruptcy was made, on his own
petition, against John Austin, leather-seller, of Pierrepout-
row, Lower-rend, Islington. The liabilities a►e stated at
3,0001. or 4,0001. • assets about 1,0001. The petition was
presented by Ir. Butler, and ballotted to Mr. Com-
missioner Holroyd.

SHERIFFS' COURT, RED-LION-SQUARE.
(Before Mr. ljeder Sheriff Buechel( sod a Jury.)
. .rsocuownom OF OOTLAWST.

This was the ancient county court day, and Mr. Hemp,
the officer, made the monthly proclamation. The custom is
I d great antiquity, and prohably shortly pass away
0 yea. 0 yea!' began the officer, " all persons having
anything to do with the county court draw nigh and give
your atteudatios." Then followed the names of the parti,a,
sod they were demanded to surrender. The outlaws did not
appear, or they would have been conveyed to Whitecross-
street Prison.
The parties proclaimed were : Charles Hen/ell Wilkinson,
at the suit of Fninci. Truedta ; Charles Shelton, at the suit
of Henry Bayntoo ; William H. Newington, at the alit of
Edward Griffiths ; Swinburn Ward, at the suit of Jolla
Graham ; John Wick Bennett, at the suit of T. Hawkins ;
the Rev. William Dines Burn, at the suit of Oliver
Richards ; C. Morrison, at the suit of Julius Lawrence ;
Julian Bernard, at the suit of Petra Seis ; George Yeklhain
Wilkinson, at the suit of W. Cater Randolph; Alfred Swift,
at the suit of Robert Norris ; Charles James OldAeld, at
the suit of the Oriental Bank Corporation ; and Edward
Roberts, at the suit of Joshua Nicholls. All persons were
requested to depart and the mitt court appointed for tne
Mad August.

THE POLICE COURTS.
(TlllB DAY.)

SHARE LISTS.-THIS DA

Two o'CLoat.

Under the influence of fine weather the railway
share market to-day is firmer. An improvement
of to per cent. has taken place in most of the
principal stocks. Eastern Counties forms an
exception, having fallen 1 per cent. Lon-
don and North-Western stook is now quoted
102 to ; Great Western, 691 to 70 ; Midland,
118 to * ; Lancashire and Yorkshire, 106} to
; Great Northern, 115 to Caledonian, 931 to
941 ; South Eastern, 85} to ; ; and Eastern Coun-
ties, 54 to 3.
Lombardo-Venetian Railway shares remain quoted
dis. to par. Grand Trunk of Canada Railway
%harm are quiet at 6 15-16 to 7 1-16, whilst Great
Western of Canada have improved to Ai to 11.

b 1 p`

LUIWAYS.

io c. iir. .k
Do. do.
BatilotLalo

Do. Bow
Ba.Do.jkonsabeeiiiiProinier•
Sp.&
Calmilspialmakitpa.:
• T.
Dertow,Wara
Fewlern
Lit DAM
DoDo. IdeilliWY;
. I
DO. 46111. =1:
&mDaint&
Grand MEDI/
Do. per_ 11.
Dol• oo.ProLlrimi.
Do. I per el
Do. 7 per ot.
Do. do.
De. do.
Gnat Indian
Do. New
Gt. & etl= 61
Do. New
Do.Bda.Do.
cash*
Do. do. 71
D0.64p.el
Medea' Gam *paid
Do. do. I cia.
o. Of per et.
Do.D eth liten. do.
Melb.C,orp ap. ct.
N. Brunswick & C
clean A cap. Gs.
Do. do. Land dal
Do. do. B cop. do.,
Do. do. Load do
Cade (Malted)

li Oa a=

6 le

76 90
70 75
62 78
e d!is e Ms"
110 di' id
1 1 die zd
100 f zd
L dls 9ar
101 lEr
Si 92
27f 24
90 91
78 76
ss 60
07 72
67 92
66 00
177 i 98
104 as
!4 dla
11
zd
10 Of
96 98
96 99
96 96
90 01
86 28
164 97
90 92
14 1 019
B•mbil

-15
li
all
all
all

6 7

dis

100} id

041 - zd

ZOK-F.T MARKET.-THIS DAY.

Two oVux,w.

The funds showed a little dulness at one period
of the morning, but are now quoted the same as
yesterday afternoon. The amount of business
going forward is singularly limited. In the share
markets equal inactivity prevails, but the set-
ting in of fine summer weather has given a
slight stimulus to the prices of British railway
stocks. The shares of the Great Western Railway
of Canada have likewise improved.
At Paris to-day (Thursday), according to Mr.
Reuter's telegram, the Three per Cent. Rentee
opened at 68fr. 700., and immediately receded to
681 r. 66c., being the same as at the close yesterday.
Consols are officially marked 93* and 98f, ex div.,
for the 10th July, and are now quoted 931
to 4. The Three per Cents. Reduced have
been dealt in at 964 to ; the New Three per Cents.
at 931 to ;30 Years' Annuities, 1886, at 164 ;
Bank Stook, at 2304 ; Indian Five per
Cent. stock, 1869, for account, at wit,
104, and 1041, ex div.; Five per Ceut.
enlaced rupee paper, at 96 and 964 ; ditto, Five-
and-a-Half per Cent, at 102 ; Indian Four per
Cent. Debentures, 1858, at 98f ; ditto 1869, at
964 ; India Bonds, at 44. dis. ; and Exchequer
Bills at par to 3e. prem. _ . _

Very little business has been done in the
foreign stock market, which is firm. The Turkish
Loan of 1854 is quoted 77} to 78 ; and that of 1858,
801 to 1. Spanish Bonds are in demand. Sales are
recorded as follows :—llexican Bonds, 21; Peruvian
Uribarren Four-and-a-Half per Cents., 81 ex div. ;
Russian Three per Cents, 831 ; Sardinian Five
per Cents., 821 ; Spanish Old Three per Cents., for
sooount, 481 ex div. ; ditto Deferred, for aocoant, 391,
40, 391, ex div. ; the Coupon Certificates, 41 per
oent. ; Turkish Six per Cents., 1854, 78 ; ditto,
1858, for account, 801, 1.
. _ _ _ . _

The scrip of the new Megan Loan remains
quoted par to it prem.

The shares of the Thames and Mersey Marine
Insurance Company remain quoted 1 to 11 prem.
The demand for money continues active, and
pending the supply from the dividends, which will
be released next Monday, the market is rather irre-
gular. The rates for good bills in Lombard-street
are 41 to 4} per cent. A large amount of business
was done yesterday at the Bank.
In the Stock Exchange the rate for short loans
on British government securities remains at 4 per
oent.

A parcel of 42,000/. in newly-imported gold
was taken to the Bank reterdwy.. . .

No further failures of magnitude have been an-
nounced in the leather trade. It is thought
that some of the smaller estates will turn out more
favourably than had been anticipated, but the
most hopeful estimates of the dividend under the
estate of Messrs. Streatfeild, Laurence, and Co. do
not place it higher than from 13a. &L to 10a. in the
pound. Annexed are the circulars issued respec-
tively by this firm and by Messrs. Smith, Patient,
and Smith :

St. Mary Aze, July 3, 1800.
It is with much regret that we have to inform you, that
in consequence of several heavy failures in the hide and
leather trade, and the imposdbility of firms who are largely
indebted to us to meet their engagements, we find it ne-
emery, acting under the advice of our principal creditors,
to suspend our payments. We have placed our affairs in
the hands of Ideate. Coleman, Turquand, Youngs, and Co.,
and have requested them to prepare a statement with as
little delay as ible, and we will take the earliest op.
portunity of au itting the same to our creditors.-1% e
are, your obedient servants,
STREAMILD, LAURENCE, and Co.

Bermondsey New-road, July 3, 1860.
Gentlemen,—We regret to be obliged to confirm the
public announcement of our suspension. Our books are in
the hands of Messrs. Coleman, Thrquand, Youngs, and Co.,
who will lay a statement of our affairs before our creditors
as early aeysmeible. In the mean time we have to request
your kind forbearance, relying upon our assurance that the
interests of our creditors shall be duly protected in the
imeatime.—We are, gentlemen, your obsdieot servants,
PAT/CSIT, and SMITH.
It may be useful to mention that, in addition to
Meier'. Streatfeild, Laurence, and Mortimore, the
following is a complete list of the failed houses
whose affairs have been placed in the bands of
Messrs. Coleman, Turquand, Youngs, and Co.:—
Mesas. Smith, Patient, and Smith of Bermondsey
New-road (200,0001.) ; Mr. H. slacker, of the
Grange, Bermondsey (30,0001.) ; Mr. W. C. Kim-
day, of Market-street, Bermondsey (30,000/4;ErMr.
John Baker, of Heathfield, Sums: (6,000/. ; Mr.
'J. W. Mortimore of Andover (80,0000 ; . A.
Waring, of Fenchurch-street (30,0001.).
Mr. W. J. ArmsUong' of Spa-road, Bermondsey,
has stopped, and placed his ',bus in the hands of
Mr. Joseph Sawyer, the accountant, but his en-
gagements are believed to be very limited.
In the Bankruptcy Court yesterday a petition was
presented, under the arrangement clauses, on be-
half of Mr. Carpenter, leather merchant, of the
Old Kent-road. The liabilities are stated at
26,0001., and-the assets at 14,0001. Proceedings in
bankruptcy were also instituted against several
small houses in the leather trade, which appear
to have been brought down by the fall of the larger
ones.

The effect of the failures upon the market for
hides and leather is described as follows in the cir-
cular of Messrs. T. J. and T. Powell, dated this
day :
There was some improvement in the demand for leather
early In the peat month, but for the last two or three
weeks the transactions have been small. The alterations
in mires are, however, slight, and, with only moderato
fresh supplies, the stocks have not large' accumulated.
The inactivity of the market was inmeased by a degree of
anxiety and distrust, which prevailed for some weeks, in
consequence of several failures which had occurred in
redif -
a,
fent branches of the trade. This however, a crisis
has arrived, which may be called un dus the annals
the leather trade. Some of the of the manufac-
turing and commission houses have suspended payment, and
the magnitude of the interests involved have nemeamily
created much present alarm, and checked almost all bisi•
news operations. The remits of these events cannot be
foreseen, but they must tend to depreciate prices. It
should not, however, be forgotten, that they will not inter•
fern in any way with the consumption of leather, and there-
fore their influence cannot be of permanent duration.
In raw goods the transactions have been limited, with con-
siderable imports, and a general downward tendency in
mica. The effect of the present calamities in the trade on
the value of foreign hides is, of course, uncertain, but will,
no doubt, be greater than on the manufactured article. The
depression of English market hides yesterday was extreme,
but cannot be taken as affording data for the reduction on
I foreign raw gooda. Foreign Tanned Leather.—The import
1 from AuMralia is large-233 bales. The sales reach only
'BO hales, and prices may be quoted ea. per lb. lower. The
sales of East India tanned Ittps, reported, show a
decline of ed. to ld. per lb. At Leadenhall yesterday
_the
calamitous failures absorbed all attention and surpm&d all
business. The only effect manifested on prices was on
market hides, on which an immense reduction took place.
Market hides have been declining throughout the month,
and under the excitement of yesterday's market fell fully
15 per cent. from the value of the previous market day. On
market calf skins and market horse hides no change is re.
ported.
Advice's from Paris mention that the subscrip-
tion for the 12,000,000/. sterling of railway obliga-
tions, opened for account of the various railway
comPluilesi beam been closed, and that the entire
amount has been taken. These securities compete
directly with the French funds, since they yield
upwards of 5 per cent. intermit, besides partaking
of the nature of a lottery.
The London and North-Western Railway traffic
returns show this week an increase of 10,9501., and
the London and South• Western an increase of
1,0711.
At the half-yearly meeting of the shareholder, in
the Colonial Bank, held yesterday, the net profits for
the six months were stated at 33,5931., out of
which a dividend at the rate of 10 per cent. per
annum. free of income tax, was recommended and
agreed to, the directors' report being adopted.
The seoond ordinary general meeting of the Mer-
cantile Discount Company (Limited) is called for
the 18th hist., to declare a dividend.
An extraordinary meeting of the Prince of Wales
Assurance Company is called for the 13th inst., to
confirm the resolution for the dissolution of the
company.

3

The iotel't•+t warrants of the Great Southeast d
India R3ila ay Company were issued on kiatemby
last.

With referonce to the market for American se-
curities Mr. E. F. Satterthwaite reports as f.linws

Business in London in Americsa securities continues wry
limited ; it in confined &lady to moderate investments in
States' stooks and sound milrosd bonds. In shames the unly
demand is for Eries, which are wanted, from 171 to ;.

Subjoined are the latest prices of iminrance,
dock, canal, and miscellaneous shares, as given bit
the last Stock Exchange list:
Insoranee. 71 ; Globe, 101 ; Indemnity Maria%
162, 163 ; Law Fire, 41 • Leedom Provincial Marine, lb
Om" 11"612". ; Merl Life, 81 ; names and Mersey
Marine, l i ; Universal Marine, 21 ; Victoria Life, 0.
Deeka.—London, 681, 1 ; Victoria, 98, ex div.
Camila—Birmingham, 941; Regent's, 22, ex div.
Waterworks. —Berlin, 41 ; Chigoes, 20, ex div. ; dontlt.
work and Vauxhall, 1091.
Gea•--EuroPean, 101 ; Imperial, 90 ; ditto New, 33
pboisix, 631, 04 ; SurreyConnunters, 111 ; United I :enenti.
Sli. 22.

WipNxispar

Consols, which dosed yesterday aC93lli; I, ex
div., for the 10th of July, opened to-day at the
same quotation, and dosed at 935, "buyers." The
official business report is as follows :—Three per
Cent. Consols, for account (July 10), 93i, ex ,liv.;
Three per Cents. Reduced, 94, ; New Three
per Ceuta., 9:4 5; Five per Cent. " enfavAP
, • ditto Five-and-a-Half per Ctnt.,
r 111037 dirr. IndiaL Five per Cent. Stock, ' 1859 foe
account, 1011 ex div. ; ditto, Four per Cent.Dc.
benturea, 1858, 981 ; ditto, 1869, 94 ; India Stock,
for account, 224 with div. ; ditto Bonds, ss, 9a.,
44. dia.

—lndian government securities were quiet. Th
Indiaa Five per Cent. stock of 1859 was quoted
1044 to I ex div., for the account. India Bonds
9R. to 4s. dis., being rather firmer ; and Exchedpwa
Bills par to 3s. prem.
The foreign stock market was inactive, but prices
were steady. The Turkish Loan of 1854 remains
quoted 774 to That of 1858 improved 4 pee
cent, leaving off at CO to 4.
The demand for Bank of Australasia shares con-
tinues. There were also inquiries for Chartered
Bank of India, Australia, and China, and London
Chartered Bank of Australia. Union Bank of Lon-
don were dull. London Discount and National
Discount were flat. Electric Telegraph New were
inquired for.
Au advance of to per cent, occurred to-day la
Canada and Nova Scotia Government Bonds.

The closing quotations for the shares in new
undertakings were as follow :—Cioean Marine
Insurance, to 11 prem. ; Thames and Mersey
Marine, Itol4 ; Universal Marine Insurance, to
prem. ; London and Provincial Marine, to
dia. ; South Eastern Railway of Portugal, to
prem. ; London and South African Bank, 4 dia.
to par.

MINES.-THIS DAY

Two o'Ciocz.

The market for British mining stocks has bees
quiet this morning, and little change has occurred
in prices. Stray Park shares have been dealt in in the
Stock BicLance at b& There have also been a num-
ber of transactions in shares in West Frances, West
Caradon, Geruich, Soorrier Consols, Sortridge Con-
sols, and Bast Basset mines.
As regards foreign and colonial mining securities
there is no new feature, prices being nominally
quoted the same as before, in the absence of busi-
ness.

The shares of the Labuan Coal Company are
quoted to 1 prem.