The Express.
London, England, 1868-07-09 00:00:00

COMMERCIAL AND MARKETS.

LIVERPOOL COTTON MARKET.
(THIS DAY.)
(Br TELEGRAM.)
(MON o OWN oosisseommmr.)
The market quiet, but steady ; sales about 10,000, bales,
at yesterday's rates.

CORK BUTTER MARRET.-(THIS DAB.)
(BY TZLIIGIA PIC)
(most cam own ooluussronnzirr.)
Ordinary, 1055.,102.., 985., 895., 785., 81s. ; 2,280 firkins.
Mild ewer, 1145., 1095., 103 s. ; 170 firkins.

MINCING-LANE.-{THIS DAY.)
Scow.-The market has become quiet at previous
prices, which are required; consequently little busman is
doing. Antigua, 325. to 335. • Nevis, 315. to 335. ;
' Kitts, 335. 6d. • crystallised Demerara, 38s. 6d. Refined
is also less active, but firm prices are paid.
COFFEIL-The parcels of colonial brought to public sale
continue to go off readily at firm prices. Plantation Cey-
lon good to fine fine ordinary, 635. 6d. to 655. • low mid-
dling and middling, 675. 6d. to 765. 6d. ; good middling,
775. 6d. to 78e. 6d. ; bold, 815. to 825. • pea berry, 78s. 61.
to 85s. 6d. ; native Ceylon, fine ordinary, 60s. to 50s. 6d. ;
small, 475.
Ths.-The public sales progress heavily, at prices in
buyers' favour.
Row.--40 puncheons of Demerara sold at la 9}d.
SPIOE9.-About 900 lama of Penang pepper sold at the
previous price of 3d. Of other spices only moderate sales
have been effected; 220 packaii of cinnamon mouldy,
7d. to 10d.: chips, 71d. to A few packages of
nutmegs, Is. 4d. to ls. sd. ; Id, 3s. 3d. • 30 barrels
Jamaica ginger, 38s. to 685. ; 150 cases of Cochin, ordi-
narv, 40s. to 41.. • small, 475. to 48s. ; middling, 85s. ;
bola, 105.. to 106 e.
Rica.-The market continues quiet.
8500.-200 boxes pearl sold at former price., small fine,
21s. • medium, 20s. ; good large, 20s.
COrrofi.-The demand is less active, prices remain
steady.
.

icril—A moderate business is doing at previous prices,
middling to good, 181. to 201.
CoarnrEAL has sold steadily at the previous value,
Honduras silver, 2s. 3d. to 4e. ; black Tenerife silver,
3e. 2d. to 3s. 9d. ; blablacck, 3s. 2d. to 4s. 3d. ; Mexican silver,
2a. 11d. to 3s. 3d. ; k, X 3d. to 36. sd.

METROPOLITAN CATTLE MARKET.
(THIS DAY.)

The supply of beasts is much shorter than on Thursday
last; yet it exceeds the demand, and prices are
again lower. A considerable number remain unsold.
the number of ahem is also smaller; but they cannot
all be disposed of. There is scarcely any business doing.
There is a sale for good lambs, but at low rates;
middling ones cannot be sold. There is • large
number of calves ; they meet with purchasers on the
average at lower prices. Our foreign supply consists of
115 beasts, 1,620 sheep, 386 calves, and 10 pigs.
Per stone of 811 w. a A a. 4. Per stone of 3158. a. 4. ad.
Boa Scuts, Rena'. 4 6 4 8 „Best Dust Hf-bah ♦ 4 4 8
Best tlort-horns ♦ 2 4 4 Boat Lang-wools 0 0 0 0
Bernd qual. Beasts xB3; 0 Do. do. Shorn 4 0 4 4
Calves
Patr, 8 0 4 0 Do. do. Shorn 8 4 8 8
Beet Dna lilf-brads 0 0 0 0 lamb_ 4 6 5 6

-11;;;;Ia itTaTarietT97o ; -sheep
Pigs, 50.

lambs, 14,550 ; calves, 732;

TALLOW MARKET.-(THIS DAY.)
The market is quiet. Town tallow, 41s. 3d. ; Peters-
burg Y.C., on the spot, 435. 3d. ; July to September,
435. ; October to December, 445. 31. ; December, 445. 6d.

SMITHFIELD HAY MARKET.—(THIS DAY.)
Mr. Charles James Easton reports trade firm at the
following prices:—Prime old bay, 100 s. to 110 s.; in-
ferior ditto, 80s. to 90s. ; prime new hay, 955. to 100 s. ;
inferior ditto, 70s. to 801. ; prime old clover, 110 s. to
120 s. ; inferior ditto, 80s. to 90s. ; prime new clover, 904.
to 105 s. ; inferior ditto, 70s. to 80s. ; straw, 30s. to 38s.

NATIONAL EXIIIBITION OF WORKS OF ART, AT
LEEDS, 1868.—Return of admissions :—Wednesday, Jul
8, by season tickets, 888; by payment, 694. Total,
1,682. _ _

QUEF-N1 ELITABETII'S Music-BOOK.—In the
Fit. William Museum at Cambridge, is Queen Elizabeth's
music-look, containing compositions for the pianoforte or
virginal of her time. The queen is said to have been a
skilful musician. Some pages of the book have been
evidently often turned over, others but seldom looked at.
The leaves that are soiled are those on which the
simplest tunes are written ; the others contain the varia-
tions nod more intricate pitasages. Although her Majesty
has the reputation of having been an accomplished per-
former upon the virginal, this music-book proves that she
was wont to skip the more irksome compositions, and indulge
in the less laborious pastime of playing the tunes only.
It is an easy way of acquiring the reputation of a pianist,
to get together many of the most difficult pieces of Thal-
berg, Liszt, and others, and play only the melodies they
arrange, avoiding the brilliant passages which are so diffi-
cult to master, and often so puzzling to listen to. I rather
think Queen Elizabeth did this with the music of the
Liszt. and Thalberge of her day, judging from her made-
book.-19entireedie' • Mayarier for July.

1868.
NONEY MARKET.-alli3 DAY.)

ONE O'CLOCK.

A eonotalerable amount of business is g,o'ng for-.
wit] d in the Stock Exchange, but it consists
mostly of sales, and the variations in
prices are consequently nearly all unfavourable.
The English funds, in which the monthly settle-
ment will bo completed this afternoon, have de-
clined 1-16 to k per oent. Several of the railway
stocks have receded hto ;to but Brighton is lower.
Caledonian has been sold upon a rumour that
no dividend will be declared at the forthcoming
meeting. The speculative foreign securities have
given way, Italian of 1861, Peruvian of 1865, and
Fpanish of 1867 being chiefly offered. The latter
have been affected by the unsatisfactory tenor of
the telegraphic advises from Madrid.

'There is no alteration in the discount market,
and loans on English goverment securities are
still obtainable in the Stock Exchange at 1 per
co nt.

Console are quoted 941 to I, ex div., for
money, and 94! to 95, cx tliv., for the
a< count (Aug. 6), and the Three per Cents.
Reduced and New Throe per Cents., 911 to 1.
Tho railway market is flat, and the changes in
prices are all unfaveurablo. Brighton stock is
heavy, and 1 per cent. lower, at 51 to 1. The
reduction in several of the other prin-
cipal lines ranges from 1 to Z. Annexed
are the prices :—Caledonian, 70! to 711 ; London
and North Western, 1131 to 114 ; Great Western,
49 to 1; Midland, 1041 to ; London and South
Western, 911 to 921; Great Eastern, 36.4 to ;
South Eastern, 741 to 1 ; Metropolitan, 113 to 1 ;
Great Northern, 102 to 1; Ditto A, 951 to ;
London, Chatham, and Dover, 191 to 1; Lancashire
and Yorkshire, 1271 to 1.281; York and North
Midland, 92/ to 931; Berwick, 1021 to 1 ; and
North British, 34 to 1.
Foreign stocks have given way in several cases.
Italian of 1861, Peruvian of 1863, and Spanish of
1867, have declined 1 per cent.; and Turkish of
1863, 1. Prices are quoted as follows :—Brazilian
of 1865, 761 to 771; Chilian of 1867, 921 to 931 ;
Egyptian of 1864, 821 to 83; Italian of 1861,
521 to 53, ex div. ; Mexicaa, 131 to 161 ; Peru-
vian of 1863, 801 to 1, cx div. ; Russian of 1866,
901 to 911; ditto Orel, 84 to ; Spanish of 1867,
361 to 1, ex div. ; Turkish of 1838, 63 to 66 ;
ditto of 1862, 64 to 65, ex div. ; and ditto of 1863,
411 to 42.

The market for Indian stocks is quiet, with few
transactions. The Five per Cents. are quoted
1141 to 1151 ; the Four, 1041 to 105 ; the
Bonds, 28s. to 33e. prem. ; and the Debentures,
105 to 1. Bank Stock, 243 to 244 ; and Ex-
chequer Bills, 168. to 20s. prem.
Bank shares are unchanged. 'Union of London,
331 to t ; London and County, 491 to 501 ; London
and Westminster, 69} to 701 ; Anglo-Austrian, 44
to 5k prem., ex div. ; London and Brazilian, 30 to
25 dis. ; Imperial Ottoman, lit to prem., ex div.;
and Consolidated, to 1 prem.

A few transactions have been recorded in miscel-
laneous shares, at yesterday's prices. National
Discount, 61 to 71 prem. ; General Credit, 21 to
dis. ; Credit Foncier, 3 to / per share; International
Financial, 11 to 1 dis. ; London, 22 to 20 dia. ;
Hudson's Bay, 151 to 1 ; Telegraph Construc-
tion, 131 to 14 ; Atlantic Telegraph Eight per
Cent. Preference, 41 to 1; and Anglo-American,
211 to 1.
A somewhat firmer tone is apparent in the
market for American securities. The 3-20 Bonds
are quoted 721 to 731, being per cent.
higher; Erie Railway shares, 451 to 46, showing
a decline of ; Illinois Central, 1011 to 102 ;
Atlantic and Great Western Debentures, 341 to
3,5; and the Consolidated Mortgage Bonds, 34 to
37—a rise of 1.

TWO O'CLOCK.

Consols remain dull at 941 to for money, and
941 to 95 for the account. Some of the railway
stocks, including London and North Western, Great
Western, South Eastern, and Metropolitan have
experienced a fresh decline of to Z per
cent., but Great Northern A is better.
Foreign bonds are flat, and Italian of 1861, Mex-
ican, and Turkish of 1865 are s worse than at 1
o'clock.

FOUR O'CLOCK.
Consols are without variation, at 941 to for
money, and 941 to 9.5 for the account.
Some of the railway stocks show a recovery of
to 1 per cent. The present quotations are as
follows :—Caledonian, 71: to 1 ; Metropolitan,
1131 to 1. Brighton, 51/ to 1 ; South Eastern,
741 to ; Midland, 10:4 to / ; London and North
Western, 113: to ; Lancashire and Yorkshire,
1271 to 128 ; and Great Western, 48: to 1.
The foreign stock market is firm, and prices
are fractionally higher. Italian of 1861, 521 to
531; Orel, 84 to 1; Nicholai, 651 to ; Spanish
of 1867, 361 to ; and Turkish of 1865, 411 to 42.
No bullion operations have taken place at the
Bank.

At Paris the Three per Cent. Rentea opened
at 70fr. 40c. for the account, being sc. lower.
The steamer La Plata, for Brazil, will take to-
day 38,6751. in gold and 8,0001. in silver.
About 160,0001. in gold was shipped on Tues-
day from New York for Europe.
Owing to a slight inquiry for China, and to the
very moderate extent of the supply in the market
here, Mexican dollars have risen id. to ;d. per
ounce—viz., to 4s. I ld. to 4s. 110. Bar silver is
unchanged at ss. old.
The dividend to be declared by the Union Bank
of London at the meeting on the 15th inst. will be
at the rate of 15 per cent. per annum, carrying
over 20,0001.

The directors of the National Discount Company
(Limited) will, at their meeting to be held at the
City Terminus Hotel, Cannon-street, on the 22nd
inst., recommend a dividend at the rate of 13 per
cent. per annum.
At the first general meeting yesterday of the cer-
tificate holders in the Foreign and Colonial Go-
vernment Trust, a lengthened report from the
trustees, which was adopted, was read with re-
ference to the affairs of the Trust .and a com-
mittee of certificate holders was appointed. The
first drawing of oertificates to be redeemed is fixed
to take place on the second Monday in February
next.

The half-yearly meeting of the shareholders of
the Consolidated Bank (Limited) is convened for
the lith inst., at Manchester, when a dividend is
to be declared.

The half-yearly report of the directors of the
Peel River Land and Mineral Company (Limited),
to be submitted at the general meeting on the 17th
inst., says that " it is not easy to arrive at what
the net income may be when the accounts are
closed on 30th June ;" but it recommends an in-
terim dividend of 1 per cent., to be payable on
the 23rd inst.

The Alexandra Palace Company (Limited) are
inviting applications for a further portion of their
capital. The capital of this undertaking is
550,0001.—viz., 350,000!., in 17,500 ordinary shares
of 20!. each, of which 12,6:30 have been issued, and
are fully paid up, and 200,0001., in 10,000 6 per
cent. preference shares of 20/. each, of which
5,000 have been already issued, and are fully paid
up. The capital now offered consists of the re-
maining 5,000 6 per cent. preference shares, and
in respect of these it is provided that " original
allottees of this issue of preference shares will be
entitled upon each 5 shares (or 1001. stock) to the
right of nomination to one bee admission for life
on all ordinary occasions." This right of nomina-

tion will be in foam until the Ist of May, 1833, the
date fixed for the opening of the palace. Bhare
warrants to bearer are to be issued in respect of all
fully paid ep shares, to holders Miring to have
them in that form. The payments are fixed as
follows, viz.:-21. per share on application and
31. on n.ll3tment ; Si. per share will become slue
respectively on the Ist of October, let of January,
and let of May next.
Vice-Chancellor Melina has fixed the lSth inst.
to appoint an official liquidator of the General
Provident Assurance Company (Limited).

RAILWAY, MINING, AND OTIIRR
SHARES.-(TBIS DAY.)

[Closing prima to 1 p.m.!
COLONIAL OOVERNIINNT SECURITIES.
Canada, 6 per cent., Jan. and July, 1877-84, 102, id.
Mauritius, 6 per cent, May and November, 1882, 107.'
New South Wales, 6 per cent., Jan. and July, 1871 tia
1876, 110, ad.
Do., 6 per cent., Jan. and July, 1888-96, 991, 1, ad.
Do., redcun. by annual drawings from 180 to 1874
100!, ad.

ICim Zealand, 5 per cent., Jan., April, July, and 006.,
(861- Paid). 7.
Cluccualand, per cent., January and July, 1831, 106 t,
6, xd.
Victoria, 6 per cent., April and Oct., 113.
0111/INARY SHARES AND STOCK&
. _ _

Caledonian, 71, L, ;01.
(hint Laatein,
Great Nutthem, 1(4.
limit thigtnal, 49, L.
lam...biro and Vortslitle, 1211.
Brighton, and South 60j.
Dnalon, Ili/alm, unit Dover, 1.4.
L014(100 and North Western, 114.
Alantheiter, Sheffield, and Lincoln...hire, 41.
Metropolitan, 113, 4.
Metropolitan District, 80, id.
f.
North Eiu•tern (Berwick), 1021.
Noah St altordshiro, CAP.

South Eastern. 741.
PREFERENCE SHARES.
Great Wasteni, Original irredeemable 4 per cent., 76, T.
PREFERENCE SHARES AND STOCKS.
Great Western blur cent. iredeemablo, 1966, 1031.
Midland Inconvertible New Slnu-ca,
Do., 5 Focr cent., 91, L 1.
LINES LEASED AT FIXED RENTALS.
Great Western, W. Mid. Hereford, 951, 61.
London and Blackwell, 99.
BRITISH POSSESSIONS.

Bombay, Bar., and Cent. Ind. gua.. 6per ct., lon xd.
Eastern Bengal, gua. 5 per cent., 1061, zd.
Ea.st Indian, gua. 6 per cent., 1119 , 1, ad.
Grand Trunk of Canada, 161.
Do., 4th preference stock, 19, 183.
Gloat Indian Peninsula, gua. 6 per cent., 1081, ad.
Great Southern of India, gua. if per cent, 981, ad.
Great Western of Canada, 6 per cent. bouda payable
187:1, 991, I, ad.
Madras Guaranteed, if per cent., 991, ad.
&nide, Delhi, guaranteed 6 per cent., 102,1, ad.