The Express.
London, England, 1866-02-02 00:00:00

SUBMARINE TELEGRAPH CABLES.

MEETING.—(THIS DAY.)
This afternoon a meeting was held at the London
Tavern, the Earl of BRASH/MUST in tits chair, to consider
the best mode of carrying into practical operation, either
through private enterprise or the formation of a joint stack
company, Macintosh's submarine telegraph cable..
Mr. MACINTOSH reads a statement, the' substance of
which was that the peculiarities of his system of
constructing telegraph cables consisted in using a
new insulating material of superior efficacy to any
known substance, which enables • rate of 80 per cent.
more signalling power to be obtained than in the C:IFC of
the late Atlantic cable. All external iron-wire sheathing,
whether alone or in combination with tarred hemp. as in
the late Atlantic cable, and all steel wire spi-
ralled round the conductor is dispensed with. The
mechanical strength requisite for the cable is obtained from
the materials employed in insulating its conductor, which
material is applied in numerous thin coatings or films,
under tension, sod a pressure of several tons, so that all
superfluous weight is avoided, and such an excess of
strength is obtained, that the cable will sustain 20 miles of
its length in water ; and three cables, it is said, can be con-
structed by Macintosh's system for tba price of one such
as it was lately attempted to lay across the Atlantic. The
conductor of Macintosh's cable consists of a series of fine
copper wires, laid longitudinally, and held together by the
insulating material ; the cable is constructed in 000 conti-
nuous length, without welds or joints, and, when finished,
is, it was urged, at once the smallest, lightest, least expen-
sive, and most effective submarine telegraph cable known.
A resolution was moved approving of the system, ant
committee was appointed to consider the best plan of
operations.

COMMERCIAL AND MARKETS.

MARK-LAN 8.--(THIS DAY.)

The quantity of English wheat received free; up to our
market to-day coastwise and by laud carriage was limited.
Dry samples changed hands at full quotations, but inferior
parcel. were quite neglected. In prices, however, no
change took place.
There was only a moderate show of foreign wheat.
Nearly all descriptions were in [sir request, at rates
equal to Monday.
Floating cargoes of wheat were steady. In o'her pro-
duce afloat very little business was passing.
The supply of barley was by no means extensive. Se-
lected parcels sold steadily—other kinds slowly, at late
currencies.

No quotable change tmk piece in the value of mot.
Sam, however, progressed slowly.
Oat. commended full prime ; but the demand for them
was by no means active. The supply was rather on the
increase.

Beans were aslow sale, ►t about last week's quotation'.
In peas very few transactions took place. Priem ruled
about stationary.
There was °sly a limited business doing both in English
and foreign flour on former terms.
Agricultural seeds were very dull. Linseed, rapeseed,
and cakes were tolerably arm.
CURSZNI PRIME.
12.0164 Z.
Pm, Qr.
wain:. S.
Baas, lipoi,r4d, old 44 to 62

Per Qr.

„ _
new 116 to 46
~ 15e. white. old Uto GO

„ new 41 So 61
NorfoiliAnd Lincoln

to

OATS. ii— I.
Ileceoh potato
Irish. white
„ black

Kaltlng
Dittallag
Grinding 3l to 2.8
RAIL

BiatopeaseT6)— s 2 to
38 sa
Tick 315 to Lc
Harrow
Paws s9 to 48 1

Suer, Nortak,
Suffolk B6 to 66
Kingston and Ware 68 to 67
Brown _ 6B to 68

'RTIL

Now
28 to 28

ma.
Gray
Maple BO to 42
White 3B to 43
Bolters _

_0•151.

Nag Ugh. feed.

11 to te

potato 26 la 20
flooialk. tool

WILLI%
Dentate and ionise
berg 67 to 59
Rostock et tackles-

Town lands, perl2l9
lb..
Household 3l to 39
Country
Norfolk and Suffolk,
as ship.

DatV9 — 44 to 65
43 to 44.
Logan, hard
soft
Amindesn. red . 45 to 49
„ white
_ _

Pot*. it
OM& I. U. 11
Danish sad Swedish 22 to 16 11
$llll41/4

Deal* 45 to 30
ligyptlau s7 to 40

18 to 38
rolei ers lB to 41
INDIAN COlll.

&lading _^_.34 to IS
Distil/lag
Malting
._

white si to se
Yellow

OATS.

Dutch brewhii.... 21 to 26
feeding .... It to 26
ARRIVALS Of GRAIN. he.,
CAR.RIAGE, !ROM JAN.

FWOL

Ersinch, per Sach:.-.. SS to SS
Spanish, .. SS to 36
American, per lirt: .. 26 to 31
Canadian. ~ .. Si to Si
min LONDON. BY WATER
27 TO FRB. 1, INCLUSIVE.