The Express.
London, England, 1868-05-29 00:00:00

EVENING, MAX'29* 1868.

THIRD EDITION.

THZ OAKS DAY.

THE ROAD THIS MORNING.

Although the road was largely patronised this
wending by Epsom visitors it looked the bustle and
naltement of last Wednesday messing. The *Mee
were far lam numerous, the crowds of special= =seder-
ably less, and the bright clear atmosphere was *besot,
the air being heavy and sultry. There was, however,
no lack of life and gaiety. From 9 until 12 o'clock
there was a continuous stream of vehieles, selloient to give
animation to the moans, but not so =mem, as to occasion
any block or inconvenience. There was also a marked ab-
moos of that boisterous fun so characteristic of the Derby
meaning. Before 1 o'clock a violent thunder storm broke
over London, with much rain.

(BY TELEGRAPH.)
THE RACE.
FORMOSA ...
LADY COVENTRY ...
ATHENA ...

9 ran.

Time (as taken by Benson's eluonoscraph), 2 min. 401
sees. Duration of ram, 1867, 2 min. 51 secs. ; 1864,
2 min. 52 sock

Wlwat.lßarlay. Malt. Ow. ! floor.
gra ! gra. I gra I qrs. poi& clo,
Knallibaod34944ll 1160 .. i 6'.0 130 .. 1170
trill,
fotalcu 21210 I 3230 I .. I 7160 ; Mal/ 1670
. ,
Total
Mahe, 2,71041 n.

LIVERPOOL COTTON AND CORN MARKETE.
(THIS HAY.)
(BY TELDOBATB.)
• •

frame one own CORWPOND2II7.)
Comex.—The market steady. Sales about 8,000 or
10,000 bales
CORN.—The market moderately attended. Wheat slow
sale, and prices are 3d. to 4d. per oental lower than
Tuesday on white, and 6cl. to 9d. on Egyptian and
red. American flour Is. per barrel cheaper and demand
limited. Boma IL to lc lid. per qr. ; Seidl, 38a. to
Ms. 6d. Oats and oatmeal in favour of buyers. Indian
corn lid per qr. lower, with a small business.

WAKEFIELD CORN MARKET.-(THIS DAY.)

(moat oda °war cogazaroxraurr.)
Holders resist the decline quoted at Manchester, and
wheat sells slowly at Is. to 2s. less money. Other articles
unchanged. INK

MINCING-LANE.—(THIS DAY.)
SVC ta.—The market remains in the same quiet state se
previously reported. The sales include Barbadoes, 365. to
36.. 61. ; Jamaica, brown, 331.; middling to fine, 345. Tml.
to 375. ; Penang, brown, 31s. 6d. to 325. Refined is in
more request, at previous prices.
COFFEE.—The demand for Ceylon continues steady, but
prices have glean way and are now Is. per cwt. lower.
Plantation Ceylon, fine ordinary to middling grey, 63a. to
70,. G 1; low middling to middling colory, 70s. to 795. ;
good and fine middling, T9s. 61. to 87s. ; fine bold, 96e. ;
pea-berry. 795. fid. to 89s.
TEA.—For Congous, at Is. sd. and upward., there is
a good inquiry. Common kinds quiet.
Rtes.—The market continues quiet.
PEPPER.—About 1,200 bags have recently been sold.
Singapore, 3:d. to 34d. ; Penang, 3d. to 3 1-16 d.
Run.-60 puncheons of Leeward. sold at ls. 9d. proof.
SALTPETRE.—NO sales reported.
CcrrroN.—There is a more active inquiry, but without
any improvement in prices.
JUTE is also in more request, at steady prices.

TALLOW MARKET.—{THIS DAY.)
The market is flat. Town tallow, 41s. 9d.; PAM-
burg Y.C. on the spot, 43a. 3d.; June, 435. 3d.; Oct.
to December, 435. 9d. ; December, 445.

MONEY MARKET.-(THI8 DAY.)

ONE O'CLOCK.

The stock markets opened this morning with ex-
treme firmness, and a further important rise was
observable in prices. A relapse, however, has since
occurred in many instances, owing chiefly to a
large sale of Consols for cash, statpd to be
on banking account. The announcement from
Paris that a bill has been presented to
the Legislative Body for calling out 100,000 men to
recruit the army and navy, and the dulness of the
weather, have also induced sales. The English
funds were first quoted 961, with div., for
money, and 941 to 1, ex div., for the account,
but have since declined to 951 to 1 and 941 to
respectively, being per cent. worse than yester-
day. Foreign bonds, although flat at the present
moment, in sympathy with Consols, are in many
cases better than yesterday. The changes in rail-
way stocks are not important. The settlement will
be completed this afternoon.
The discount market is unaltered, and the
rate for advances in the Stock Exchange is still
1 to 11 per cent.
Compared with the last prices of yesterday, Lon
don and North Western, Great Western, and
Midland stocks show a rise of per cent., while
Metropolitan, Great Northern A, and Loudon,
Chatham, and Dover have declined 1 to 1.
Annexed are the prices :--Caledonian, 741 to 75 ;
London and North-Western, 1154 to 1 ; Great
WestessAlfte 54; Midland, 1061 tolo7/ ; London
and South Western, 91 to 93 ; Great Eastern,
35 to ; Brighton, 525 to 1 ; South Eastern,
77 to 1, ex new ; Metropolitan, 1111 to 1121; Great
Northern, 103 to 1 ; ditto A, 97 to 98 ; London,
Chatham, and Dover, 201 to 4 ; Lancashire and
Yorkshire, 1281 to 1 ; York and North Mid-
land, 94 to 4 ; Berwick, 1021 to 1031 ; and North
British, 331 to 34.
Foreign stocks were in active demand this morn-
ing, but now exhibit a flatter tendency.
Nevertheless, many bonds show a fresh rise
of Ito 2 per cent. Brazilian of 1865,771 to 78 ;
Chilian of 1867, 951 to 961 ; Egyptian of 1864,
811 to 821 ; Italian of 1861, 511 to g ; Mexican,
161 to ; Peruvian of 1865, 86; to 871 ;
Russian of 1866, 881 to 1 ; Orel, 801 to f ;
Spanish of 1867, 371 to 2 ; Turkish of 1858,
63 to G 4 ; ditto of 1862, 651 to 1 ; and ditto of
1865, 381 to ;;.
The only change in Indian stocks is a relapse of
1 per cent. in the Five per Cents., viz., to 1161
to 117. The Four per Cents. are at 1031 to 1041 ;
the Bonds, 20s. to 25e. prem. ; and the Deben-
tures, 105 to f. Exchequer Bills, are Is.
better, at Bs. to 13e. prem. Bank Stock, 246 to
248.

Bank shares are steady. London and West-
minster, 71f to ; London and County, 62/ to ;
Union of London, 341 to 351 ; London and
Brazilian, 28 to 26 dis. ; Imperial Ottoman, lg
to 1/ prem. ; Consolidated, /to prem. ; and
Mexican, 9 to 7 die.
As regards miscellaneous shares, Hudson's
Bay and Telegraph Construction have im-
proved 58,, the present prices being
16g to and 141 to 3, respectively.
National Discount, ri to 61 prem.; General Credit,
2;1 to g dia. ; Credit Foncier, 2/ to 3 per share ;
International Financial, 1/ to 1/ dig. ; London, 23
to 21 dia. ; Egyptian Trading, 5 to 4/ dia. ;
Atlantic Telegraph Eight per Cent. Preference,
5 1-16 to 3-16 ; and Anglo-American, 221 to 1.
The market for American securities is very firm.
The 5-20 Bonds are quoted 72;1 to /, being 1
, per cent. better ; Erie Railway shares, 47/ to 48,
showing a rise of n ; Illinois Central, 961 to 971—
an advance of 1 ; Atlantic and Great Western
debentures, 291 to ; and the Consolidated Mort-
gage Bonds, 33 to I.
A petition for the winding up of the Millwall
Iron Works, Shipbuilding, and Graving Docks
Company (Limited) is to be heard before Vice-
, Chancellor Giffard on the 6th of June.

A special meeting of the Chichester and Mid-
hunt Railway Company will be held on the 10th
of June, for the purpose of submitting to the pro-
prietors a bill now pending in parliament, iotituled
"An Act for the abandonment of the Railway
authorised by ' The Chichester and Midhurst
Railway (Extension) Act, 1865."'
The joint traffic return of the Caledonian and
North British Railways shows this week an in-
crease of 94V. over last year.

FOUR O'CLOCK.

The English funds remain quoted 951 to with
div., for money, and 941 to g, ex div., for the
account.

Railway stocks are without variation of import-
ance. Brighton, 521 to .13 ; South Eastern, 77 to
; Midland, loci ; London and North
Western, 115} to a ; Lancashire and Yorkshire,
1281 to 1 ; and Great Western, 531 to 1.
Some of the foreign bonds have declined per
cent. Orel Vitebsk, 791 to 801 ; Nicholai, 641 to
65 ; New Spanish, 37i to ; Italian of 1861, 511
to 2; and Turkish of 1865, 38 to I.
About 105,000 t. in gold has been sent into the
Bank.

The Russian government has authorised the
issue of obligations to the amount of 17,000,000
Dutch florins for the construction of a railway
from Jelez to Orel, being a continuation of the
line from Jelaz to Griasi, and consequently a sec-
tion of the grand line from Riga to Barstow. The
length is 177 versta. The Russian government
guarantees 5 per cent. interest, receiving the
capital so that the subscription becomes really a
loan. The obligations, deducting the allowances,
are issued at 741 to 741 per cent., the subscriptions
extending to November next, while the interest is
payable half-yearly, at a fixed rate of exchange, in
Berlin, Amsterdam, and London. The obligations
are redeemable at par in 81 years, commencing in
1870. _ _

The mail from Guayaquil has brought a remit-
tance of 1,222/. 6s. 2d. on account of the divi-
dends on the debt of Ecuador.

About 151,0001 in bar gold was taken to the
Bank yesterday, while 25,000 sovereigns were with-
drawn for Lisbon.
The Erinhas arrived from New York with 11,0001.
in specie. The amount despatched from that port
yesterday for Europe was 200,0001. The Shannon
has reached Lisbon from Brazil, with 6,0641. Of
the 490,000/. by the Douro, from the West Indies,
420,0001. consists of Mexican dollars, 30,0001 of
bar silver, and 40,0001. of gold.
The Catherine sailed from Otago, N.Z., for Lon-
don, on the let of April, with 25,0001 in gold.
The bills have been returned of Messrs. Bassett,
Green, and Hewetson, hop and seed factors, of the
Borough. The firm, which is respectable, carried
on business for many years under another title,
and has been established under its present form
about five years. The liabilities are stated not to
be very large, and the estate shows about 15s. in
the pound. Their difficulties have arisen from the
depreciation in the value of hope, of which they are
large holders.
Complaints are made of evidences of a disincli-
nation on the part of the authorities at Florence
to carry out arrangements that have been entered
into with English companies. This policy, a per-
sistence in which could not fail to give a serious
blow to Italian credit, is the more difficult of com-
prehension, because it appears front the published
letters that at the present time the Italian go-
vernment is In a position to carry through the
parliament any well considered measure.

3

The traffic of the Atlantic and Great Western
Railway fur the first week in May amounted to
82,137 dole., against 103,828 dole. in the sone-
sponding period of last ycar, showing a decease of
214391 dole.
Means. A. Young and John Ball, the liquidators
of the Imperial Mercantile Credit Association
(Limited), notify that, in accordance with the 4th
clause of the arrangement made by them with the
creditors in June, 1867, they are prepared to pay,
on the let of June, under discount at the rate of 6
per cleat. per annum, the promissory notes issued
on behalf of the association which become doe on
the 30th of that month. They therefore request
the creditors to present such notes for payment at
the Bank of England on the tat of June, the Bank
having instructions to pay all such promissory
notes as shall be presented on or after that date,
less discount as above fur 29 days.
Mr. Arthur Cooper, the liquidator of the Ori-
ental Commercial Bank (Limited), has announcvd
a second dividend of Is. in the pound (making 3a.
6d. paid) as payable to the creditors on the Ist and
2nd of June.

At the meeting yesterday of the Madras Irrita-
tion and Canal Company, the directors' report, which
has already been published, was adopted. TM
Chairman, Mr. Janice Thomson, remarked that
the progress made since the last meeting is emi-
nently satisfactory, end the more to be depended upon
as not being showy, but a steady and solid advance.
The prospectus is being privately circulated of
the Tower Subway Company, the object of which
is to establish under the Thames a subway between
Tower-hill and Southwark. The public announce.
ment of the project is apparently to bo deferred
until the company's act of incorporation shall
have been finally obtained. Meanwhile a commu-
nication on behalf of the promoters informs us that
" tenders have been made to complete the tunnel
and shafts for 10,0001., which is capable of con-
veying one million of passengers annually from one
side of the river to the other."

The allotment letters of the Anglo-Mediterra-
nean Telegraph Company (Limited) wore posted
last evening.
The following is the official return of the che, tuft
and bills cleared in the Bankers' Clearing-house
for the week ending Wednesday, May 27 :
Thursday, May 21 0,669,000
Friday, May 22 ... ... . 9,620,000
Saturday, May Z 3
Monday, May 25
Tueadayt May 6
Wednesaay, May .

Cs.' ,97.1,000
08A. Detcßl,li ntE, Chief Inspector.
Bankers' Cleariag.house, May 28.
The total is unusuely mall, and indicates that
there is, as yet, no revival of business. Tl.c very
limited amount of the clearances on " Derby y'
is worthy of notice.
The weekly return of the Bank of France shows
the followingchanges :

Coin and balks' 4"
locrease De2o,olsl
Bills discounted' lncrease 113,:,o0
Notes in circulation
Private deposits
Advances
Treasury balance
The chief feature is the further large increase in
the coin and bullion, by which the aggregate is
raised to the astonishing and wholly unprecedented
amount of 47,913,0001.
The return of the Bank of England for the week
ending Wednesday, May ../;', compared with that for
the previous week, shows the following changes •
Circulation issue
Circulation active
Public deposits
Other deposits
Government seem ides in

banking department 13,214,557 Incrra•e Te
Other securities in banking
department 19,172,314, Decreuee tr. ,4UB
Coin and bullion in both

departments
Seven day and other bills 467,179 Mauve 12,545
The Rest 3,113,531 Increase 2,053
Notes in reserve
Total reserve (notes k coin)
in banking department 12,609,957 Increase 741,144
These changes are again very fi.vourable.
Owing to the large increase of deposits, toge-
ther with the diminution in the Bank's
advances on private securities, the reserve shows
an increase of about three-quarters of a million.
During the week the Bank received from abroad
391,0001. in gold, after allowing for a withdrawal
of 150,000 sovereigns for Egypt; and, as the in-
crease above shown in the coin and bu:lion eacetals
half a million, there is evidently a retina of coin
from the provinces.

BANK OF 1
Au Aevount pursuant to the Act
week enaltrag on Vi ethiesols,y,

Stoles issued

DADILDIII DI
=eters' Carnal £14.b51,000
Publi 3,113,40
c Deposita (f
eluding Pacleq.,
Mv. Banks, Com-
Eds. of National

ENGLAND.
7th and Bth Vic e. 81, lot Ws
the 27th day of May, W.I.
)Government debt.. 811,018,b1e
Other securities.... 3,er1,1100
Gold coin and bul-
lion
haver

PARnMIIT.

. 1:1,V(1,46

R34.',77.*6

oo!erouseut &co-

dooountaDepo)
206:84111.,:trt.59
Sever day and other
BLUa

_ __ . _ .
—mums __
41.4.M.1, r• 37
Other Securities 19.272,316
Nolo.
Gold aed &her

645,17 CM
May ed. len.

Oda 1,11J,357

446,1 i 6,160
0. MIME% 1,1 lel Wales.

- -
MINE&-(THIB DAY.)

ONE O'CLOCK.

The market for mining shares continues inani..
mate. Prince of Wales are quoted 425. Gd. to
453. ; East Seton, 20s. to 25e. ; East Caradon, 31
to 4 ; Mary Ann, 22 to 23 ; Whcal Trelawny,
to 9} ; Clifford, 6to 5i ; Great Vor, 17 to 174;
West Frances, 30 to 35 ; and New Lovell, Isu. to
20s.

With reference to the Don Pedro North del Rey
gold mines, Mr. F. S. Symons sends the following
telegram through the company'sagente " Lisbon,
May 2, 1868. Produce to May 2,13,50 t) oitavas ;
estimated produce for April, 15,608 °haves."

A thunderstorm broke over the metropolis shortly
after half•past 12 today, the atmosphere daring the earlier
part of the day being very close and sultry. The flashes
of lightning were frequent and vivid, and torrents of rain
fell intermittently. The storm continued wady two
homy.

A tire near Barnsley, yesterday afternoon, at the
bobbin manufactory of Messrs. Wilson and Newman, did,
damage to the extent of 10,000?. A large number of
hands will be thrown out of employment.

Hay harvesting has commenced in the neigh-
bourhood of the town of Dorchester.

GAME PROSPE•Ts. —This is a stage in the ',talon :
when it is most difficult to speak with ricythieg like
certainty of the coming seasons sport. The grouse
are nested, and several nests we have heard of are
well filled. The season has been very favourable
hitherto, and in the south of Aynhire. when the '
grouse were pairing, there was a very toe show in
beautiful plumage. No appearance of weaknese or
disease. Much will depend on the weather duriug
the next six weeks. A number of gamekeepers
from different districts have all made the same observa-
tion, that there is something singular in the conduct of
the partridges this year. The hens should all have been
sitting on eggs three weeks ago, and yet hen and cock are
seldom seen separate morning, noon, and evening. This
has been a favourable season for hares ; end as for rabbits
they seem to be rather prolific on agricultural farms, in ail
seasons.—Ayr Advertiser.
ARRIVAL OF TUE Curs. FRO'S COLON.—LIV RR,. •
POOL, MAY V.—The itemiser Cuba, from Colic April Al,
Kingston May 7. and Port-au-Prince May 10, has arrived
here with two days later news from the Utter port. tie.
neral Salnave was being hemmed in by the revolutionary
forces. The foreign residents had taken refuge in the cow
sedates and on board the ships in the harbour. Anaredw
reigned in Port-an. Prince, and the atom had been pd.
Urged and many civilians shot. The British consul WY
endeavouring to stop the outrages when the stemma
sailed.
Whereas it has come to our knowledge that un-
authorised persons represent themselves as seisms for crap.
Ms' PAWN! DATIJORTIMIutcFoag, we hereby beg to CAUTION
the public that none are rormentatives of our flies who do not
produce printed toren of ordersoc r shall we hold ourselves re-
spourible for the good manefaeVare of reflectors ur.fiies authectl-
cited by our trade.inart —P. X CHAPPUIS and Co • sole proprie-
tary and manufacturers of arappnts' Patents fur ken. cling
Light.—No. 09, Fleet-street. April rl, Iftt —tA dvertiserueot.