The Express.
London, England, 1859-07-25 00:00:00

111011 BY MARKB7.-THIS DAY,

Two o'Ctoel.
The fonds opened this morning with a steady
appearance, and have since attained a fresh improve-
ment, in consequence of the further rise which took
place in Paris on Saturday afternoon, coupled with
a rumour that the French government contemplates
a reduction in its military and naval forces. Consols
are now quoted nearly j per cent. higher than they
closed on Saturday.
The other markets have participated in the im-
provement. English and Indian railway shares and
Turkish Bonds are in rectum'. The principal re-
covery, however, is in Lombardo-Venetian Rsiiway
shares.
The first official quotation for the Three per Cent.
Rentea at Paris to-day, according to Mr. Renter's
telegram, was 68fr. Isc. for the account, whence
the price receded to 87fr. 90c., being a reduction of
nearly per cent. since Saturday afternoon. The
closing price on Saturday was 88fr. for the account.
Consols are officially marked flit, 941, and 95 for
money, and 94/ and 95 for the 9th of August.
The present quotations are 94/ to 1 for
money, and 941, " rather buyers," for the
account The Three per Cents. Reduced have
been dealt in at 95 to 1; the New Three per Cents.,
at 95 to 1; India Stock, at 221 to 223 ; the In-
dian Four per Cent. Debentures, 1848, at 941 ; ditto
1859, at 941; the scrip of the new Indian loan, at
941 to 1. India Bonds, at ls. to Bs. die. ; and Ex-
chequer Bills, at 275. to 315. prem.
A moderato amount of business has been done in
the foreign stock market, which is generally firmer.
The principal enquiry has been for Turkish
Bondi, which have risen 1 per cent. The
new loan is now quoted 70 to 71, and the old, 80 to
81. Sales are recorded as follows :—Brazilian Old
Five per Cents., 104 ; Chilisn Six per Cents., 1011;
Dutch Two-and-a-Half per Cents., 861 (exchange
12fi.); Mexican Three per Cents., for
account, 181; New Granada Active Bonds,
171, 171; Russian Four-and-a-Half per Cents.,
98/, 991 ; Sardinian Five per Cents., 88 ;
Spanish Three per Cents., for account, 441; Turk-
ish Six per Cents., 1864, 801 ; ditto for account,
81, 801; ditto Six per Cents., 1838, for account,
701; Venezuela New Two-and-a-Half per Cents.,
281.
The arrival of 388,0001. in gold is announced to-
day, the Lincolnshire, from Melbourne, having
brought 282,0001., aid the Arabia, from Boston,
114,0001.
The contractors for the Austrian 8,000,0001. lam
at February last having complied with the require-
ments of the Stock Exchange, by furnishing the
statistics of the operation, the loan was on Saturday
placed on the official list. It appears that the total
anoint issued was about 900,0001., of which a con-
siderable amount is said to have pawed back into I
the porses•ion of the Austrian agents. Mskingl
allowance, in addition, for the circumstance that the
bulk of the original subscriptions were on forrig%
account, it would appear that at no period was mime
than two or three hundred thousand pounds of the
loan bona fide held in this country. The present
nominal quotation for the stock is 5 'per cent. dis-
count to par, ex div.
The amount of bar gold taken from the Bank on
Saturday for transmission to the Continent, to pay for
silver, was 68t2, 0100. The steamer Zebra has reached
Hall from . Petenbarg, with 80,0001. in gold,
which will also be sent away.
The imports of the precious metals last week were
smaller than of late. Our list includes 210,6001.
by the Magdalena, from °the West Indies. &c. ;
11,8001. by the Mindora, from Melbourne ; 10,0001.
by the Tagus, from Lisbon; 2,8701. by the Colombo,
from Alexandria; and 91,0001. by the Bremen, from
New York.
The value of these arrivals is about 332,0001., the
whole of which has been sent away, principally to
the Continent, in addition to the moderate amounts
drawn from the Bank.
The Bird of Trade returns for the month
of June were issued on Saturday. The ex-
ports of the month were of little more
than average amount, being 424,4581. more
than in June, 1868, and 36,0611. more than in
June, 1867. The check which was given to the
increase in the export trade in lday,was still in opera-
tion in June ; and thus the aggregate increase on last
year, which at the end of the fire months was 21 per
cent, becomes for the six months only 17 per cent
Compared with the first six months of that active
year, 1857, the increase is 3 per cent. Considering
the agitation occasioned by the war on the Continent
this is very satisfactory. Whilst trade with the
Continent was disturbed there was, during the
month of June, a marked increase of movement in
the direction of Australia and the United States. For
instance, the shipments of cottons to Australia
amounted to 110,7801. in June,lB69, against 61,6511.
in 1858, and 69,6461. in 1867 ; and those of haber-
dashery to 114,6041., against 78,0171. in 1868, and
88,6881. in 1867. The United States took in June—
of cottons, 382,0334, against 1834691. in 1868, and
361,4931. to 1867 ; of linen', 186,1781., against
140,0331. in 1868. and 158,0121. in 1837; and of rail-
way iron, 92,6651., against 1,4701. in 1868, and
71,0881. in 1857. To India shipments were still
more actively prosecuted, comprising in "cottons"
alone, during the month of June, 1,209,0511., against
and
they'6l,Bsol. in 1857. The ex-
ports of " cottons "to
the first six months of the present year have reached
the extraordinary. value of 8,094,4331.. against
4.623,8491. in the six months of 1868, and 3,118,8891.
in the first half of 1857.
The returns also show extraordinarily large en-
tries for consumption of the leading articles of colo-
nial produce.
As the result of an interview which the promoters
of the Equador Land Company had on Friday with
the Foreign Secretary we have Lord John Russell's
declaration that the blockade of Guayaquil, now
carried on by a Peruvian war steamer, is " irre-
gular," and shall be inquired into, with a
view to the protection of commerce and of
British interests. The company, of course,
do not lay themselves open to a refusal by asking to
be protected by Great Britain in the peaceable en-
joyment of the land assigned to them by the Egos-
torian government What they solicit is that the
colonising expedition which they propose to send
out to a district of Equador never claimed in any
way by Peru may be protected from the interference
of the Peruvian war steamer, now enforcing a
blockade which is stigmatised by the higher autho-
rity as "irregular." The company rest a portion of
their case upon the well-known maxim of inter-
national law that a blockade, to be binding, mast be
effective; whereas Peru, though declaring a blockade
of the whole coast of Equador, including the port of
the Pailon, specially assigned to the company and to
the British bondholders, maintains an effective
blockade of the port of Guayaquil alone.
The traffic on the Trieste line of
these ombardo-
Venetian Railway Comps for th k ending
the 15th July was 47,4461., being 25,2101. more than
in the corresponding week of last year ; and that on
the Lombardo-Venetian line 9,2651., showing an in-
, crease of 3061.
The half-yearly meeting of the Oxford, Worcester,
and Wolverhampton Railway Company is called for
the 11th of August, at Worcester, and will be made
special, "to authorise the directors to enter into
agreements with the holders of second guaranteed
stock, or any of them, for compounding the arrest
of dividend due on that stock, or any part thereof,
°Duch terms u to waiving the right of the cam•
pony to redeem the same or otherwise, as may be
mutually arranged."
An extraordinary meeting of Price's Patent Can-
dle Company is called for the 9th of August, to
authorise the directors to cancel the unissued shares,
and to issue new charm with preferential rights.
Previous to the last mail leaving Bombay, intelli-
gence was received there by telegram of the arrival
at Point de Galls of the steamer Nona, with dates
to the 6th of June from Hong Hong, and to the 13th

from Singapore. The lettere by that vowel, toge-
ther with those from Calcutta, aro expected in Lon-
don about the middle of next weak.
The steamer Salaette reached the Mauritius foss
duez on the 15th of lane, and left on the following
day, with the English mail for Australia of May.
The subjoined was posted at s to-day :
ST. 10106), Ivvr 11.—The mianer4 Argo, fro. Noy
York to We pott sad Galway, still gas alters she weal (a
shore In Trepassey Bay. She cannot be got off, and will
become a total wet.
The ships Director and Adelaide are to convey
Admiralty stores to Jamaica and Malta respectively.
The Admiralty will receive tenders on the 2ad
August for the supply of 10,000 tons of wale, deli-
verable at various colonial stations.

SLIVIDAT ETENI NO.
The speculative gloom lately noticed prevailed
even more strongly at the commencement of busi-
ness in the Stock Exchange this morning. The
actual transactions were of limited amount ; bat
under the influence of continued offers of stock for
the account, Consols were at one time quoted at a
fresh redaction of nearly I per cent. The appear-
ance of a few buyers, however, caused an immediate
change, and during the afternoon firmness prevailed.
At the close of the Stock Efchange (two o'clock)
Consols were quoted the same as yesterday. after-
noon. At a later hour, when busineaswas virtually
over, increased firmness was shown, upon news that
the Paris Bourse had opened at a considerable rise,
the cause of which was not explained.
In all the other markets depression reigned in the
morning, followed by a rally in the afternoon. The
transactions, as usual on a Saturday, were principally
of a speculative character.
In the discount market to-day very little business
was done below the Bank minimum.
At Vienna yesterday a fall of 1 per cent. took
L place in the Austrian Metallic', and the exchange on
. London, which on Thursday stood at 116.60, is re-
, portod to have risen to 120. At Berlin the new
Prussian Loan remains steady, at 102, or 7 per cent.

proem
Consols, which closed yesterday at 941, " buyerb,"
for money and the 9th of August, opened this morn-
ing at 941 to 1, end, after being offered at 94:,
steadily rose in the afternoon, and closed at 941 to
1. After the close of the Stock Exchange, the
searkat was firm at Ht. The official business report
is as follows :—Three per Cent. Console, tor money,
941, 1. 1,1; ditto, for account (9th August), 941,
1,1; Three per Cents. Reduced, Hi, t; New Three
per Cents., 941, 1, 1 ; Indian Four per Cent. Deben-
tures, 941 ; Bank Stock, 221, 223; India Bondi,
6s. die.
Exchequer Bills were quoted 275. to 30s. prem.,
and the scrip of the Indian Loan of the present year,
941 to 1.
Turkish stocks were much depressed in the morn-
ing, the Old Six per Cents., for instance, being
marked as low as 78, but the closing quotations
were equal to those of yesterday, being 79 to 80
for the Old, and 69 to 70 for the New. Mexican
Bonds remain dull, at to 181 to 1.
In the market for Bank shares to-day the trams-
actions were limited, and the only feature was a
further recovery in Bank of Egypt, which closed at
22 to 23. Australian Agricultural shares were also
inquired for. As regards miscellaneous share pro-
perty, no variations occurred. East and West India
Dock stock was marked 120.