The Express.
London, England, 1868-07-04 00:00:00

EVENING, JULY 4, 1868.

BANK HOLIDAYS AND DILLY 01, EX CHA E

lIII,L.

This bill has been amended in committee, and
is now in the form in which it will probably become law.
Its provisions are these :-Ist. It enables the Queen to
appoint by proclamation special bank holidays, either in
the United Kingdom as a whole, or in any part of it that
may be deemed proper; and bills payable on such holi-
days, as well as on tact and thanksgiving days, shall be-
come due on the day next following. All conse-
quent acts, such as noting, protesting, giving notice of
dishonour, /hall be done on this "next following" day,
just as they would have been upon the bank holiday if
this act had not pawed. If the bank holiday be on a
Saturday, the bills nominally duo on it will be payable on
the Mouday I if the bank holiday he the day before Good
Friday or Christmas Day, such bulls will be payable on the
day after Good Friday and the day after Christmas Day
respectively.
The same bill abolishes days of grace on all bills drawn
after the let of January, 1869. We give the exact wools
of the cinema as they arc important:—" 5. After the first
day of January one thousand eight hundred and sixty-
nine, days of grace shall be abolished, and no days of
gram shall be claimable or allowable on bills of
exchange or promissory notes drawn or made
after said day. 6. Nothing in the last section
contained shall affect bill of exchange or pro-
=Winery notes drown or made before the fird day of
January one thousand eight hundred and sixty-nine, but
on such bills and notes days of grace shall be allowable
and rlaimsble as at promeit."
These days of gram have been subject of various usage
in various counties, but they are now in course of aboli-
tion almost everywhere. The exact Us, of a bill is that
there is no "grace" or laxity about it, but that it must be
paid precisely when due. As soon as • England—the
greatest discount centre—has abolished these absurd days,
they will soon be dimmed everywhere elne.—Eiwarinsist.
WEATHER REPORT,--(TEID3 DAT.)

SATURDAY, JUI

W.

Nairn
Aberdeen
Leith
Bbielde
Barbaro'
Yarmouth
Helder
Cuxhaven.-
likudeenace.
o,ocm:turtle.
Holyhead
Liverpool
Valontia
Cape Clear
Roche's Pt
Penzance
Plymouth
Weymouth
Portianouth
London
C. Otis N
Went

&tient ...
Itaebefort
Biarritz...
PM*

B•
Lyons

Timken I
Ileart'sCon

30.13
a°.
(17
30.11
30.00 f

164 61 N.W.
161.48 N.N.W.
67 61 Y.
66 60 N.
'6652 &W.
66 66 N.

129-.96 fi

130.09 f 67.66 N.W.
30.17 f 66 53 N.
30.07 f 57 56 N.N.W.
so.ce eo.as N.E.
80.20 r 69 66 N.
$0.12r5716 E.
30.16x60 57. N.
30.07 f 6569 N.
30.04 fie) 67 N.N.K.
10.01x;6065 N.Z.
30.01 7.67 54 N.N.Z.
29.10 f 57,56 N.
30.04.'6369' N.
26.93561 50 N.W.
39.93x06360 N.W.
1990661'61 8.
7_l 7_
49.73661.61 W.N.W
'30.44.'66 66 W.S.W.

KN.&
N.N.B.
N.K
W.
N.N.W.

N.
N.N.W.
N.W.
N.W.

N.E.
N.N.

N.W.

lw-iwl
a

00
No
0
b
0
ob
r

Barometer corrected and reduced to 3.2 deg. at e,
letters r (rising), f (falling), a (steady), indicate directii
of the mercury within last 14 hour,. Thermumeter
shade. Extnino force with ita direction dunring h
Z.--calm. Weather: b.—blue sky; c.—clouds
f.—fog ; h.—bag ; I.—lightning ; m.—misty (hazy);
(dull) ; r.-- rain ; a.- snow ; t.—thunder. Rain-fall,
(melted), during lit Se hours. &a disturbance.

I level. The
ion of motion
enpoled in

ant Y 4 hours.
(detached)•
o.—overraet
mow or hail

A slight but general diminution of barometrical pressure—
posttest in the north—has ocrurred since yesterday morning.
bwre 6 p.m., however, there has been a tendency to increase
again in the south of Ireland. Temperature, also, has decreased,
as much as It at Toulon, but less elsewhere. The
winds have backed towards north-west, and, though still
woefully moderate, have freshened at some of the southern
stations. The sky continues very cloudy, except in the south-
west; and some rain bee fallen in thy south-cast.

We (Gardeners' Chronicle) understand that dur-
ing recent experiments at Gillwell Park with Mr. Gibbs'
drying apparatus, raw rank grasp fresh from the scythe
was converted by the hot blast into fragrant green hay in
eeven minutes, and an average load of 17 to 20 cwt. of
wet hay was rendered fit for stacking in 49 minutes, and
was sent up by the hoist to the top of the stack in
25 minutes.

DEATII OF MR. Foul', M.P.—Mr. Richard Fort,
the liberal representative of Clitheroe, died at his London
residence on Thursday evening, after a protracted illness.
The representation of the borough consequently becomes
vacant. It is hardly probable—it is possilale—that a writ
may be issued before the recess. The present candidates
are Mr. Ralph Aesheton (conservative) and Mr. Charles S.
Roundell (liberal).
DEATH OF MR. GEORGE EDMONDS, OF BIR-
WINGTIAM.— The Birminyham Daily Purl records the death
of this gentleman, well known in consequence of the
leading part which he took in the reform agitation be-
tween 30 and 40 years ago. The deceased had reached his
80th year.
DANOEROES ACCIDENT TO VOLIIN. TEERS.—A sad
accident occurred at the Devonport Rifle Range, Keyhata,
on Thursday. There was a private match between 110 of the
Volunteer Corps and 10 sergeants of the 2nd battalion of the
Riflo Brigade, quartered in the Raglan Barracks. Private
Keast had loaded his rifle, but forgot that he had done so.
He took the rifle, and in order to clear the unknown ob-
struction, placed a cap on the nipple. The muzzle was
towards the ground, but the unexpected explosion altered
its potation. and the bullet struck the ground, ricochetted,
and entered the thighs of Privates Norman and Gard,who
were standing together twenty yards off. They were con-
veyed immediately to the Royal Albert Hospital, Devon-
port. Aniputation was found to be necessary in both cases,
and the operation was performed yesterday at the hospital.
Mr. Norman's kg is taken off about six inches below the
hip, Mr. Gard's leg only four inches below the joint. Mr.
Norman is the only child of Mr. Alfred Norman, archi-
tect; Mr. Gard is clerk in tho Savings-bank with his
uncle, the actuary.
LION Slloorthro.—Two of our military Nina-
rods, Lieutenants Stacey and Milling, have been lately to
the Joonagbur geer, or forest, in quest of large game.
The latter officer, before leaving the deer in company with
his brother sportsman, managed to bag two lionesses
and a large lion. The latter, a huge monster, measur-
ing nearly eleven feet from the tip of the nose
to the shaggy end of the tail, appears to have tried
the patience and mettle of its antagonists. At the
first meeting the encounter ended in a fleshy wound,
which made the " lord of the forest" scamper into the
jungle, leaving a gory track to mark the path. The pur-
suit was about to be given up after a long search, when a
native discharged a " Manton" into the brushwood, and
the lion re-appeared and made a dash at the two officers,
who allowed the brute to come pretty close up before firing.
The simultaneous volley, so far, however, from slacken-
ing the velocity of the charge, accelerated the motion.
In a twinkling of the eye both sportsmen bounded
a few faces on each flank, leaving a passage for the in-
furiated beast to pass, and immediately after, on the lion
re-facing, planted a bullet (Lieutenant Tinting, I believe),
between the brute's two eyes, which brought it lifeless to
the ground. The triumph was signalised by a bumper of
iced champagne. Lieut. Stacey, since the return of his
companion, has, it is said, bagged two tigers, a tigress,
and two cubs, and some half-a-dozen panthers and cheetas.
Correspondent of Deeean Herald.
MORMONS FOR UTAH.—The exodus of Mormons
from this port, en route for the Salt Lake, continues.
Several vessels have been chartered by the Mormon agents
in this country for the conveyance of emigrants to America.
Some hundreds of the followers of Joe Smith sailed& short
time ago, and no less than 700 took their departure on Satur-
day from Liverpool for New York on board the Emerald
Isle—one of Messrs. Tapscott's magnificent packet shipe—
commanded by Captain Gillespie. The emigrants were
chiefly Germans, Welsh, and Scotch; a good proportion of
them were females. They all appeared to be persons of
the middle claim, chiefly small farmers and artisans, and
seemed to be well supplied with luggage and funds. The
vessel in which they sailed is well known in the passenger
trade, and was admirably fitted up with all the necessaries
for the health and comfort of the passengers during the
wage.—Liverpool Mercury.
TRAFFIC Rzczirre.—The traffic receipts of rail-
ways in the United Kingdom amounted, for the week
ending June 27, on 13,251 miles, to 782,2471., and for the
corresponding week of last year, on 12,996 mike, to
803,6971., showing an increase of 255 miles and a decrease
of 21,450/. The gross receipts on 14 of the Drincipel rail-
ways in the United Kingdom amounted for the week on
9.tl 3 miles, to 640,188/., and for the corresponding
week of 1867, on 9,382 miles, to 670,1011., thowing
an increase of 191 miles, and a decrease of 20,9131.
The decrease on the Caledonian and North
British amounted to 1,402/. ; on the Great Southern
and Western to 605/. ; on the Great Western to 7761. ;
on the Lancashire and Yorkshire to 2,6851.; on the
London and North Western to 5,2231. ; on the London,
Brighton, and South Coast to 1,6641. ; on the Manchester,
Sheffield. and Lincolnshire to 1,0081.; on the Midland to
6,6951.; on the North Eastern to 4,0861.—t0ta1, 23,1441. ;
but from this must be deducted 8491., the increase on
the Great Eastern, 4421. on the Great Northern, 7911. on
the London and South Western, and 1491. on the
South Eastern, together, 2,2311., leaving the decrease
as above, 20.9131. The receipts on 62 other
railways in the United Kingdom amounted on 3,678 miles
to 138.059/., and for the corresponding week of last year
en 3,61.1 miles to 130,5961_,_. showing an increase of 64 miles
Hod decrease of 5371. The goods traffic on the fourteen
cyst ns, of lines above mentioned amounted for the week
to ;;26,933/. against 334,6771.. showing a decrease of 7,644.1.
The rireengers, parcels, mails, Sce. traffic on those lines
amflunted to 322,2551., and for the oorrceponaing week of
11667 to 33:1.5241., showing a decrease of 13,2691. The total
receipts for the past week show an increase of 9,254/. as
compared with those of the preceding week ending the

MONEY MARKET.-(THIS DAY.)

ONE O'CLOCK.

The English funds are firm to-day, at the im-
provement of yesterday, some additional pur-
chases having been made on account of bankers,
who find it difficult to employ the whole of their
large balances in banking operations. Railway
stocks exhibit a moderate advance. Foreign
bonds are still buoyant, and have experienced a
fresh improvement. Peruvian and Turkish of
1865 are in active demand. Financial, miscel-
laneous, and banking shares are inactive, but
the rise which took place yesterday in Imperial
Ottoman is fully maintained.
The discount market is quiet, and the rate for
bills is without change, at 11 per cent,
Consols are quoted 951 to 1, ex div., both for
money and the 9th iast., and the Three per Cents.
Reduced and New Three per Cents., 95 to /.
In the railway market, London and North Wes-
tern, Great Western, South Eastern, and Great
Northern A stocks have improved 4 per cent.
The prices are as follows :—Caledonian, 721 to ; ;
London and North Western, 1141 to ; Great
Western, 494 to 50; Midland, 105; to ; London
and South Western, 911 to 921; Groat Eastern,
36 to ; Brighton, 521 to 4 ; South
Eastern, 734 to 74 ; Metropolitan, 1124 to 113 ;
Great Northern, 1011 to 1021; Ditto A, 94; to 95 ;
London, Chatham, and Dover, 191 to 1; Lancashire
and Yorkshire, 128 to ; York and North
Midland, 921 to 931; Berwick, 1021 to 103 ; and
North British, 34 to 4.
Most of the speculative foreign stocks exhibit a
fresh rise of 4 to 1 per cent. Brazilian of 1865,
764 to 771; Chili= of 1867, 924 to 93 ;
Egyptian of 1864, 82 to 83; Italian of 1881. 52
to 1, ex div. ; Mexican, 151 to 161 ; Peruvian
of 1865, 811 to 821, ex div. ; Russian of 1866, 901
to 911; Spanish of 1867, 361 to 1, ex div. ;
Turkish of 1858, 641 to 651; ditto of 1862, 62 to
63, ex div.; and ditto of 1865, 40/ to 41.
No alteration is observable in Indian stocks. The
Five per Cents. are at 1144 to 1151; the Four,
1041 to 105 ; the bonds, 275. to 32e. prem. ; and
the debentures, 1,p5 to 1. Bank Stock, 240 to
242 ; and Exchequer Bills, 15s. to 19s. prem.

Very few dealings have been recorded in bank
shares. London and Westminster, 691 to 70} ;
London and County, 491 to 501; Union of
London, 321 to 331; Anglo-Austrian, 41 to 51
prem., ex div. ; Imperial Ottoman, 1 to If prem. ;
and Consolidated, 1 to 1 prom.
_ _

Miscellaneous shares are inactive. National
Discount, 11i to 12}; General Credit, 21 to
21 die.; Credit Fonder, 2 15-16 to 3 1-16 per
share; International Financial, 11 to 1 dis. ;
London, 22 to 21 dis. ; Hudson's Bay, 151 to
; Egyptian Trading, 5 to 41 die. ; Tele-
graph Construction, 131 to 14 ; Atlantic Tele-
graph Eight per Cent. Preference, 41 to
5 ; and Anglo-American, 214 to 2.
United States 5-20 Bonds are unaltered, at 734
to :.

TWO O'CLOCK.
Consols are 1 per cent. lower, at 95 to 1, both
for money and the account.
With the exception of Great Eastern, which
has improved 1 per cent., viz., to 361 to
1, railway stocks are rather flatter. London
and North Western, 114 to ; Midland, 105 to
; Great Western, 491 to ; Caledonian, 72 to ;
and Metropolitan, 112: to I.
As regards foreign stocks, Peruvian of 1865
showed a fresh rise of 1 per cent., viz., to 821 to
; Italian of 1861, 53/ to 1 ; Turkish of 1865,
40.1 to 41; and Spanish of 1867, 361 to 1.
About 35,0001. in bar gold was sent into the
Bank yesterday.
The Oneida, from Brazil, has reached South-
ampton, with 32,0891. in specie. The Calabar,
from the West Coast of Africa, has also brought
2,0001

The only alteration in the foreign exchanges
yesterday afternoon was a slight advance in tho
rates for bills on Belgium and Italy. The list is
subjoined :
Amsterdam, 3 months, 11.14 to 12; Amsterdam, short,
11.18 to 11.181 ; Rotterdam, 3 months, 11.191 to 12 ;
Antwerp, 3 months, 25.371 to 25.421; Brussels, 3 months,
25.371 to 26.421 ; Ilambro and Altons, 3 mouths 13.10
to 13.101 ; Berlin, Cologne, tic„, 3 months, 6.261 to 6.27 ;
St. Petersburg, 3 months, 321 to 32 ; Paris, short, 25.15
to 25.26: Paris, 3 months. 25.321 to 25.371 ; Marseilles,
3 months, 25.321 to 25.371: Frankfort-on-the-Maine, 3
months, 1201 to 1201 ; Vienna, 3 months, 11.80 to
11.84 ; Trieste, 3 months, 11.80 to 11.821 ; Madrid, 3
months, 491 to 49 ; Santander, 3 months, 49 to 481;
Cadiz, 3months, 491 to 49/ ; Seville, 3 months, 491 to 49
Malaga, 3 months, 481 to 481 ; Valencia, 3 months, 4 1
to 49 ; Barcelona, 3 months, 44 to 491 ; Bilbao, 3
months, 49 to 461 ; Saragossa, 3 moaths, 49 to 481
Leghorn, 3 months, 27.60 to 27.70 ; Genoa, 3 months,
27.60 to 27.70 ; Naples. 3 months, 27.60 to 27.70 ; Pa-
lermo, 3 months, 27.60 to 27.70 ; Messina, 3 months,
27.60 to 27.70 ; Lisbon, 90 days date, 611 to 511 ; Oporto,
90 days date, 511 to 511.
At Paris the rate of discount in the open market
is now 1i per cent., being slightly below that
current here ; at Frankfort and Brussels, 2 ; at
Hamburg, 2} ; at Amsterdam, 2} ; at Berlin, 3 ;
at Vienna, 4 ; at Turin, 41; and at St. Petersburg,
6 per cent.
The directors of the New Zealand Loan and
Mercantile Agency Company have announced an
interim dividend of 10 per cent. per annum for
the past six months.
At a meeting of the proprietors of the Colonial
Bank, held yesterday, the net profits for the six
months were stated at 38,7831., and the usual divi-
dend of 6, and an extraordinary dividend of 1 per
cent. were declared for that period, leaving 3,7831.
to be carried forward.

The annual meeting of the East Indian Railway
Company is convened for the 16th instant.
Annexed are the quotations of insurance, gas,
dock, and waterworks shares, as given in the
Stock Exchange list of last evening:

Inraranee.—Phcenix,l3s; Universal Marine (Limilad),6i.
Gas Light and Coke.—Bomliary (Limited), 4 MB, ex
div. ; European, 14f ; Imperial, 63; Imperial Continental,
981 91 ; Western, 14f.
Docks.—East and West India, 1141, ; London and
St. Katharine, 47f ; Millwall Freehold Land and Dock, 36.
Water Works.—Berlin, 14f ; Chebiea, 108, en div.

The following is a copy of a telegram received
from China:

Bong Kong, June 13.—Export of new tea to date,
13,000,000 lbs. Exchange, 4e. 7d. Market for tea opened
excitedly at Hankow, Freights at Foochon, bi. 10s.
The export of tea to the same date in 1867 was
15,000,0001b8., and in 1866, 19,000,0001b5.

MINES.-(THIS DAY.)

ONE O'C/ACIE.

The dealings in mining shares aro upon a
very limited scale. West Chiveston, 60 to 61 ;
Prince of Wales, 365. 6d. to 38s. 6d. ; ChivertonMoor,
61 to 7 ; New Lovell, 20s. to 255.; Great Laxey,
17 to 171; Great Vor, 151 to 16; Great Retallack,
3„ to 1; and North Treskerby, 14s. to 16s.
Annexed are the quotations of foreign and
colonial mining shares:—St. John Del Rey, 19 to
20 ; Don Pedro, 21 to 31 prem. ; Anglo-Brazilian,
1-16 to 3-16 prem. ; Roma Grande, 7-16 to 9-16
prom.; Chontales, 2 to ; Pestarena, t to I dis. ;
Anglo-Italian, par to t prem. ; United Mexican,
to 1; Froatino and Bolivia, t to t ; and Port
Phillip, 1 9-16 to 11-16.
The following telegram with reference to the
long pending action between the Cobre Copper
Company and the Cuba Railway Company was
received yesterday at the office of the former com-
Puny
Railway well disposed ; arrange favourably; desires to
treat with an authorised parson ; send authority to pay
half debt per telegraph.
The directors of the St. John del Rey Mining
Company (Limited) have received per Oneida the
following report, dated Morro Velbo, May 29:
" Produce, 2nd division of May-11 days, 3,531
oitayse ; yield, 1,889 oitavne per ton. Onia—pro-

duce, 333 ; yield, 1,309. Gs!tirade—produce, 75;
yield, 3,173. Remittance received, 21,410 oitavat."

RAILWAY, MINING, AND OTHER
SHARES--(THIS DAl'.)
[Clos pnosa to 1 p.TA
COLONIAL ulatrms.
• .7liliMl:34T 8
Canada, 6 per cent., January and July, 1877 to 1884,
1021, 2, xd.
Do., 5 per cent., Jan. and July, 90), 1, 90, ad.
Cape of Good Mope, 8 per cent., Aped and Ootobsr,
1890-1900! 111.
Do., 5 per cent., April 15 and October 16, 1900, 100.
Ceylon, 6 per cent., May and November, 1882 sal
1883, 1111.
Mauritius, 6 per cent., May and Novineer, 1882, 108.
New South Wales, 5 per mat., 1883 to 1896, 9Ths
81, ad.
Do., redeem. by annual drawings from 1887 to 1875,
100. ad.
New Zealand (801. paid), 62.
Queensland, 1891, I Is, 1, ad.
Victoria, 1121, 1.
.ORDINARY SHARES AND SPOOKS.
IMAM and Ranter, 331.
Caledonian, 72.
Cornwall, 3d, f.
Great Eastern, 661, 1.
Great Northern, 102.
Do. A (A receive* no dividend until 6 per ant. hag
been paid to B), 941, 1.
Great Western, Original, 49*,
Lancashire and Yorkshire, 127 .
London, Brighton, and South 54,1.
Metropolitan, 1121.
Do., Extension (div. lim. to 6 per omit. till Jan.,
1870), 108).
Midland, 106), 1.
North Eastern, Berwick, 1021.
Do., G.N.E. Parch., par.
Do., York, 93.
North Staffordshire, 571, 81.
South Eastern, 731, 1.
PREFERENCE SHARER.
North Eastern, Stockton and Darlington C, 6 per ant..
123.

PREFERENCE SHARES AND STOCKS.
Metropolitan 5 per cent., 1061.
BRITISH POSSESSIONS.
Bombay, Bar., and Cent. Ind. gua. 5 per cent., 101},
ex div.
East Indian, gua. 5 per amt., 1091, 1,1, ex div.
Grand Trunk of Canada, 161.
Great India Peninsula, guar. 6 per cent., 1091, 1, zd.
Great Indian Peninsula, New, gun, 6 per cent.,
9 9-16 ad.
Madras, gua. 5 per cent., 1061, f, zd.
Scinde, Delhi, gua. 6 per cent., 102; ad:
FOREIGN RAILWAY&
Bahia and San Francisco (Limited), gun. 7 per- oaat.,
16 15.
Central Argentine, gua. 7 per cent., 14.
Dutch Rhenish, 7}.
Great Luxembourg, 12,,, 1.
Northern of France, 48/.
Sambre and Meuse, 4.
FOREIGN RAILWAY OBLIGATIONS.

C rent Luxembourg, 5 per cent., 31.
Orel Vitebsk gua. by Russian Government, 5 per mai,
&I, 31, 4.
South Austrian and Lombardo-Venetian, 8 9-IG.
BRITISH MINES.
Prince of Wales, 11.
COLONIAL AND FOREIGN MINBS.
Don Pedro, North del Rey, 2 15-18,1, 3 ma.
St. John del Rey (Limited), 191., 1.
United Mexican (Limited), 11.
DOCKS.
East and West India, 116.
Millwall Freehold Land and Dock, 35.
JOINT STOCK BANKS.
Alliance (Limited)„ 141.
Anglo-Austrian, 121, xd.
Anglo-Hungarian, 10).
Australasian' 53, 21.
ri Impeal Ottoman, 114, 11, f, xd.
Land Mortgage Bank of India (Limited), (.
London Chartered of Australia, 221.
London and County, 60.
London Joint Stock, 321, 2.
New South Wales 434, ad.
MISCELLANEOUS.
Anglo-American Telegraph (Limited), 21).
Atlantic Telegraph, 8 per cent., 985, 100.
Bombay Gas (Limited), 31, ad.
Canada Company 68.
Credit Foncier of 'England (Limited), 2 15-16, 3 1-16.
Egyptian 91 per cent. Viceroy, gua. by Egyptian goner
ment, 88, I.
Electric and International Telegraph, 204, 7, 5.
Do., New, 17, 18.
Fore-street Warehouse (Limited), 121, 1.
Hudson's Bay, 151.
Madras Irrigation and Canal, guar. 5 per cont. by Ind.
Gov., 1014, ad.
National Discount Company (Limited), 121, 12.
Oriental Gas (Limited), 7.
Peninsular and Oriental Steam, 553, f, 5, f.
Scottish Australian Investment (Limited), 122.
United Kingdom Telegraph Company (Limited) q.
Universal Marine Insurance (Limited), 65.
Viceroy of Egypt (Mortgage) Loan, 74).