The Express.
London, England, 1868-07-15 00:00:00

1868.

No-11f- KARIM:L(I'I7d DAY.)

41/ft O'CLOCK.

Owing to the favourable accoamta with regard
to the wheat crop, the satisfactory tenor of the
I .
athlete fmni abroad, and the prospect of a
considei able influx of gold to the Bank during the
next few weeks, the stock markets IM generally
film to-day, and the changes in quotations are
nearly all in an upward direction. Consols are in
request, at an improvement of 4 per cent. Rail-
way nooks
with most mohsatvate tetron,itand nieSrlFyoallreitrespoboleuds-
lative descriptions are better. Egyptian of 1864,
Italian of 1861, Peruvian of 1865, Spanish of
1867, and Turkish of 1865 are in espe-
cial demand. The inquiry extends to some of
the colonial government debentures. The scrips
of the new loans just brought forward have ad-
vanced. The fortnightly settlement will be com-
pleted this afternoon.
The applications for discount are upon a mode-
rate scale, and the rate for the best paper is un-
altered, at 1 per cent. The charge for short loans
in the Stock Exchange, on English government
Securities, are 1 to 11.
Consols are quoted 941 to 1, ex div., for
money, and 041, ox div., for the account
(Aug. 6), and the Three per Cents. Reduced
and New Throe per Conte., 941 to /.
In the railway market Caledonian, Great East-
ern, Brighton, and South Eastern Stocks have
improved Ito per cent. The prices are as fol-
lows :—Caledonian, 711 to ; London and North
Western, 114; to ; Great Western, 48/ to 49 ;
Midland, 1041 to 1, ex new ; London and South
Western, 911 to 921; Great Eastern, 38 to 1 ;
Brighton, 53 to 1 ; South Eastern, 741 to 1 ;
Metropolitan, 1121 to 1, ex 155., balance of divi-
dend ; Great Northern, 102 to 103; Ditto A, 961
to 1 ; London, Chatham, and Dover, 191 to 1 ;
Lancashire and Yorkshire, 128 to 1; York and
North Midland, 921 to 931; Berwick, 1021 to 1;
and North British, 34 to 4.
Foreign securities are in demand, and a rise of 4
to 1 per cent. is apparent in Egyptian of 1864,
Italian of 1861, Peruvian of 1865, Spanish of 1867,
and Turkish of 1865. Mexican and the Orel
Vitebsk Railway Loan are also 1 better. Subjoined
are the prices :—Brarilian of 1887, 761 to
77 ; Chilian of 1867, 92/ to 931; Egyptian
of 1864, 83 to ; Italian of 1881, 53;
to 1, ex div. ; Mexican, 151 to 16 ; Peruvian
of 1863, 791 to 801, ex div. ; Russian of 1868,
911 to 1; ditto Orel, 841 to 1 ; Spanish of
1867, 351 to 36, ex div. ; Turkish of 1858,
651 to 681; ditto of 1882, 63 to 64, ex div. ; and
ditto of 1865, 401 to 1, ex div.
India Bonds are 2s. lower, at 255. to 30s. prem.
The Five per Cents. are at 114; to 1131 ; the
Four per Cents., 1041 to 105; and the Debentures,
105 to 1 ; Bank of England stock is 11. higher, at
244 to 248 ; Exchequer Bills, 16s. to 20s. prem.
Bank shares are quiet, but Union of London
have risen 10s., viz. to 34 to 3.5; London and
Westminster, 694 to 1; Oriental, 431 to 1; Anglo-
Austrian, 31 to 1 prem. ; Imperial Ottoman, 11 to
11 prem. ; and Consolidated, I to 1 prem.
Miscellaneous shares are dull. Hudson's Bay
are quoted 154 to 1, being 7s. 6d. lower ; Atlantic
Telegraph Eight per Cent. Preference. 41 to .1,
showing a decline of 2s. 6d. to 55.; Anglo-Ameri-
can, 211 to 1; National Discount, 61 to 1 prem. ;
General Credit, 21 to ndia.; Credit Foncier, 2/ to
3 per share; International Financial, 11 to
11 dis., a reduction of 2e. 6d. ; London, 22 to 20
die.; and Telegraph Construction, 14; to 151.
The scrip of the Tamboff Hozloff loan has im-
proved to 31 to 1 prem., and that of the new Swe-
dish to 3to prem.
American securities are steady. The 3-20 Bonds
are quoted 721 to 1 ; Atlantic and Great Western
Debentures, 331 to 1; and the Consolidated Mort-
gage Bonds, 33 to 4.
A meeting is now being held of the proprietors
of the London and Westminster Bank. The net
profits of the half-year have reached 152,39 a/.,
and a dividend at the rate of 6 per cent. per
annum, and a bonus of 9 per cent. recommended.
The net profits of the Union Bank of London
for the six months ending ,Tune have reached
99,3691., and a dividend is recommended by the
directors at the rate of 15 per cent. per annum.
The half-yearly meeting of the Great Eastern
Railway Company will be held on the 7th of
August.
The Midland Railway traffic return shows
this week an increase of 1,3331. over last year.

FOUR O'CLOCK.

The English funds are flat, and have declined
1-16 to 1 per cent., viz., to 941 to 1, ex div., for
money, and 941 to 1, ex div., for the account.
In the railway market, Metropolitan stock is in
demand, and 3 per cent. better, at 1131 to 2.
Caledonian has risen I, Tu., to 71/ to 721, while
Brighton and South Eastern have declined 1 to 1,
the present prices being 521 to 1 and 741 to 1,
respectively.
With respect to foreign bonds, Italian of 1881
have declined 1 per cent., viz., to 53 to 1; Turkish
of 1865, 40 to 1 ; Spanish of 1867, 35/ to 36 ;
Orel. &I} to 1; and Nicholai, 661 to 1.
No bullion operations have occurred at the
Bank to-day.
At Paris to-day the Three per Cent. Rentes
opened at 70fr. 33c., showing a rise of 1 per cent.
The directors of the Telegraph Construction and
Maintenance Company (Limited) have just de-
termined to pay on the 31st inst. the usual ad
interim dividend of 21 per cent., for the half-year
ending the 30th June, that is 10s. per share, tree
of income tax.

MINES.-(THIS DAY.)

ONE O'CLOCK.

There is little business in the mining market.
East Basset shares, however, are again better,
at 16 to 17 ; Prince of Wales, 345. to 368. ;
Chiverton Moor, 61 to j; West Caradon, 5 to
6 ; Great Wheal Vor, 13 to 16 ; Great Laney, 164
to 161 ; Wheal Trelawney, 84 to 9i ; East Lovell,
7 to 74 ; Providence, 22 to 24 ; West Frances, 24
to 26 ; and New Lovell, to it.
Foreign and colonial mining shares are without
variation, at the following prices:-13t. John del
Rey, 18 to 19L Dom Pedro, 24 to 3 prem.: Anglo-
Brazilian, 1-16 to 3-16 prem.; Pestarena, Ito # din.
Chontalea, 2 to I ; Rows Grande, Ito # prem. ;
Anglo-Italian, par to I prem. ; United Mexican,
11 to I ; Frontmo and Bolivia, to t ; and Port
P clip, l # to t.

CORK BUTTER MARICEIT.--(THI8 DAY.)
(IT TzLiortrz.)
(z 1034 ova OWN 0011ISPONDNNT.)
0rdi,111..,1094.,1034., tNia., 63a., 664.; 1,340 firkins.
Mild eared, 1175., 1114., 1094. ; 190 Mins.

ST. SWITHIIe 8-DAY.—The fallacy of the popular
notion respecting the forty days' rain that is supposed to
follow a rainy St. Swithin's-day has been demonstrated

by observation, taken at Greenwich daring a period of
20 years, which show that the greatest number of rainy
days, after tit. Bwithin's-day, have taken place when
the 16th of July wee dry. ln 1845, when the day was
flue, there were 26 rainy days out of the allotted 40; in
1848 there were 31; and in 1860, 29 ; and both for the
public health and the country's good it is hoped that the
result of 1868 may pmve the reverse to the old adage.
CONTOCATION.—The Convocation of the pro-
vince of Canterbury was prorogued this day till the 4th
of August.