The Express.
London, England, 1868-10-03 00:00:00

otvredtit 3, 1868.

EVENIMI

ELECTION INrsLtiyaNuL

Crry OF LowneW.—Yevtorday the font sitting
liberal members issued separate addresses soliciting re.
election. Baron Rothschild bilefly refers to him past
services ; and remind,, the electors that on the great
quadions which have chiefly occupied the attention of the
legislature during the past two nessions ho has uniformly
acted with the liberal party. If re-elected, Baron Roths-
child will support the ditionabliahment of the Irish
church, end • reduction in the national expenditure.
Mr. Ciawford also alluden to his consistent support of
the liberal }arty adding that he voted for the diseatabs
Bailment of the Irish church sa a meaner° of justice to the
Irish people, and an a measure of regeneration in the In-
tercet of the church itself. The same considerations will
govern the hon. gentleman's conduct in the future. Mr.
,cavern
repudiates the idea that the disontablishment of
the Irish church is the certain prelude to an attack upon
the property of corporations throughout the king-
dom, remarking that such a suggestion is not
ooniplimentmy to the intelligence of those to
whom it is addressed. He continues:—" You are
reminded that ' the legislation of the last quarter of •
century has swept away nearly all the political grievances
which were formerly the subject of complaint.' To which
party in the Mete, I may ask, is the credit of these reforms
due i Is it to the liberal party, with whom they inva-
riably originated, and by whom they were in most in-
stances carried Or is it to the party of resistance, whose
only claim to any merit in the matter is that, having op-
posed these reforms in the first instanee through addi-
tional instinct, they served their country in the end by
adopting them u expedients to sere themselves." Mr.
Beechen commences by reminding the constituency of the
result of the election of 1836, when the Irish church was
the question of the day, and the City returned four liberals
to parliament. The Prime Minister of oar own time,
observes the right hon. gentleman, " has not scrupled
to turn bin sceptre of office into en incendiary torch."
The country, however, has refused to believe that either
pmtestantism, religion, or the constitution, can suffer by
a simple act of justice and national reparation. Mr. (Joachim
laments that a contrerersy. about the English church
should have been imported into an Irish and imperial
question, and in going on to speak of the Irish policy of
the Wendt., sex, it niey be summed up in one word—
" Conciliation. The right ben. gentleman then apeaks at
length on the reduction of the national expenditure, educa-
tion, the pressure of local taxes, the ratepaying clauses of
the Reform Act, which he condemns, and va.riona mattes
connected with the representation of each an important
conmeiciel constituency. Alderman Lawrence refers to
his jeuliamentare conduct as a guarantee for the future,
and points out the importance, amongst other things, of
bankruptcy law reform, the education of the peril", the
equalbation of metro, obtain poor rate., the revision of
taxation, and a reduction in the national expenditure. If
re-elected. Mr. lawreine will give a hearty support to the
policy of Mr. liladbtone.
LAWDEIII.—A correspondent thus writes:—
"Fir,—Mr. M'Arth ties committee have had no communi-
cation with any other committee as to the enure to be
fursued in contequenc• of the withdrawal of Mr. Hughes
rom his candidature in this borough. Although there in
no antagonism between the liberal committees, yet know-
ing bow distasteful coalitions are, thin committee is
anxious that no misunderstanding should slid upon the
subject."

gItEEEIELD.—Mr. Price, Q.C., hoc limed his
addrees. He believes that Mr. Gleubdono's Irish church
policy was brought forward to verve the purposes of a
political cry. and entirely under false pretences. He pre-
dicts the downfall of the English church if Mr. (Redstone
is successful. Mr. Price would go to parliament us a sup-
porter of the present government.

WErnimstilt.—At a special meeting of the
executive committee of the London and Westminster Work-
ing WOWS Constitutional Association, the following letter
fri in Mr. W. 11. Smith, the president of the association
and candidate for Westminster, was read:—" It has been
reprvsented to me by some of my friends that my
position as president of the London and Westminster
Working Men's Constitutional Association may seem
to imply a de: ire on my part to influence unduly the mem-
ber, of this umociation in my favour as a candidate for
Weidminstei. I shall, as a matter of course, be very grate-
ful for the valuable assistance whit h the members of this
assiciation are capable of giving to me, and without
which the election cannot be won, but I am nred desirous
that there should not be the very faintest shadow of an
approach to undue influenca on my part ; that so far Ili
I um oricertml every member of the association shall
exercise Las franchbe as Le may undoubtedly think right,
and I therefore beg to resign the very honourable position
I now bold in connexion with your society. No other cir-
cumstance would have induced me to sever myself from
the as,ociation even for a time ; but I trust the course I
have taken will recommend itself to the members of the
association. and that we shall all continue to use our best
exertions to promote the extension of constitutional
principles."

RAILWAY, MINING, AND OTHER
SHARE&-(THIS DAY.)

(Closing prune to 1 p.m)
COLONIAL GOVERNMENT SECURITIES.
Canada, 5 per cent.. Jan. and July, W 24.
New South Wales, 5 per cent., Jan. and July, ISSS
18%.!m1.

--New ilealand, 5 per cent., Jan.. April, July, and Oct.,
981.
Do.. 6 per rent.. June and Dec.. 1891. 1101,.
Victoria. 6 per cent., April and Oct., 111 k, ad.

ORDLNARY SHARES AND BTOOlrB.
Caledonian, t9A.
Great Eastern, 401.
Great Northern A (A receives no dividend until 6 per
colt. Las been paid to B), IUBI.
Do. B. 1221, 4.
Great Western. original. 491.
London, Chatham, and Dover, 171.
London and North Western, 112.
London and South Western. 88.
11am:hooter, Sheffield, and Lincolnshire, 471, 1.
Metropolitan, 10.51, A.
Metropolitan District, 71, 1.
Midland, 111), 11.
North Eastern (Berwick), 991.
Do. (Leeds), 65.
South Eastern, 781. 1.
PREFERENCE SHARES.
North Staffordshire, 211.
PREFERENCE SHARES AND STOCKS.
London and North Western, 5 per cent., 109.
London and South Western, 41 per cent., 92.
BRITISH POSSESSIONS.
Bom., Bar., and Cent. India, gun. 5 per et., 10.3).
Fastern rengal, gun. 5 per cent.. 104.
East Indian, guar. 5 per cent., 1091.
Grand Trunk of Canada, Ist preference bonds, 50.
Great Indian Penin., gun. b per cent., 1091, 81, 9.
Do., New, ditto,
Great Southern of India, gun. S per cent., 10i.
Great Western of Canada, 111, 1.

FOREIGN RAILWAYS.
Antwerp and Fotterdum, lON, ).
Great I.uxembourg, 11, 101.
IA mberg-C/emowiti, Rua. 7 per emit. (Liatit.ds, U 1, N.
11exie..11 1:11du ay (Limited), 4.
South Au•trni uud I. mhard.i-Veoetiaa.

MONEY MARKET.-(THIS DAY.)

ONE O'CLOCK.

The expected introduction here at an early date
of several new foreign loans, the fall yesterday
afternoon upon the Paris Bourse, and the
dhlness of the weather, have led to sales
in the Stock Exchange to-day, and the
tine of most of the markets is consequently
rather flat. In the absence, however, of trans-
aCtiona of importance, thechanges in prices are only
fractional. Foreign bonds are offered and several
of them have receded Ito I per cent. Consols, in
which preparations are beingmade for the monthly
settlement on Tuesday, are without variation, as
well as nearly all the railway securities.
There is a fair demand for money in connexion
with the 6th, but the supply is still very largo,
and the rate for the best paper is not above 1 I to
11 per cent. Advances in the Stock Exchange are
obtainable at Ito per cent.

Consols are quoted 94; to both for money and
next Tuesday's settlement ; and the Three per
Cents. Reduced and New Three per Conts.3 931
to I.

Home railway stocks are inactive, but South
Eastern and London, Chatham, and Dover
have unproved Ito 1 per cent. Annexed are
the quotations :—Caledonian, 091 to 1 ; London
and North Western, 1121 to 1; Great Western,
19i to ; Midland, 1111 to 1 ; London and South
Western, 871 to 881 ; Great Eastern, 401 to 41 ;
Brighton, 511 to 52 ; South Eastern, 751 to 1;
Metropolitan, 10,4 to t, ; Great Northern A, 1043
to 109; and London, Chatham, and Dover, 173
to 181.

The foreign stock market in flat, and the changes
in priees are all unfavourable. Italian of 1861,
Spanish of 1867, and Turkish of 1862, have declined
1 per emit., and the Orel Vitebsk and Moscow-
Jaroelaw railway loans Z. The prices are as follow :
Brazilian of 1865, 761 to 1; Chaim of 1867, 91
to 1 ; Egyptian of 1804, 82f to 833, cx div. ;
Italian of 1861, 511 to 1 ; Mexican
151 to 4, ; Peruvian of 1865, 781 to j; Nicolai
Railway Loan, 071 to ; ditto Orel, 841 to ; ditto
Moscow-Jaroslaw, scrip, 41 to 1 prem. ; Spanish
of 1867, 321 to 1 ; Turkish of 1858, 63 to 1; ditto
of 1862, 67 to 1 ; and ditto of 1863, 34 to 1.
Indian eta Its aro in moderate request. The
Ten-and-a-Half per Cents. aro quoted 214 to
216 ; the Five, 1141 to i ; the Four, 1034 to 101;
the bonds, 20s. to 25e. prem. ; and the debentures,
1031 to 1. Exchequer Bills, 15s. to 295. prom.
Apart from a reduction of 2s. 6d. in Anglo-
American, viz., to 202 to 21, miscellaneous shares
are unchanged. National Discount, 11 1 to ;
General Credit, 21 to 2Z die. ; International, 1/ t...)
11 die. ; HudFon's Bay, 14Z to 131; Telegraph
Constiuction, 16 to ; and Atlantic Telegraph
Eight per Cont. Preference, 31 to 44.
Bank shares are inactive, and prices pre•ient uo
movement.

United States .5-20 Bonds are firm, at the
prow mild of yesterday. the present price bt,ing
731 to 741.

TWO O'CLOCK:.
The stock marlets a. e without change worthy
of notice. Consols are at 941 to Caledonian
railway shams, 69 to ; Metropolitan, 1051 to 1;
Midland, 1I l to 1 ; Great Western, 49; to t ;
Foutli Eastern, 714:, to 1 ; Italian Bonds, 51: to
52 ; f4panish of 1867, 321 to 1 ; and Turkish of
1863, 39a to 1.
The amount of bar gold sent into the Bank
yesterday was 7t4,0001.
The Calabar, fioni the West Coast of Africa, has
brought 11,000/. in sptvie.

The steamer Bangalore will take to-day 51,1001.
in gold for Bombay, 1,7291. in gold for Madras,
12,200/. in silver for Singapore, and 17,2181. in
silver for Hong Kong, making a total of 82,347/.
The bar silver and Mexican dollars by the
steamer Tasmanian were sold yesterday—the
former at 38. (id., and the latter at 4s. 11 d. per
ounce, showing no change, compared with recent
quotations.
On Change yesterday afternoon there was a
decline in the rates for bills on Vienna and Italy,
but a slight advance as regards three months piper
on Holland. The list is subjoined ;
. . .

Amsterdam, 3 months, 12:01 to i 2.1; ditto, short,
11.19 to 11.114 ; Rotterdam, 3 months, 12.01 to 12.1 ;
Antwerp, 3 months, 26.40 to 25.4.5; Brussels, 3 months,
26.40 to 25.45 ; Hambro' and Altona, 3 months, 13.101
to 13.11 ; Berlin, Cologne, &c., 3 months, 6.27 to 6.274 ;
Bt. Petersburg, 3 months, 34 to 32 ; Paris, short, 25:20
to 26.274 ; l'aris, 3 months, 25.35 to 2.5.40; Marseilles.
3 months, 25.374 to 2.5.40 ; Frankfort-on-the-Maine, 3
months, 1201 to 1201 ; Vienna, 3 months, 11.80 to
11.85 ; Trieste, 3 months, 11.80 to 11.85 ; Madrid, 3
months, 471 to 471 ; Santander, 3 months, 47f to 4i ;
Cadiz, 3 months, 4i to 474 ; Seville, 3 months, 471 to 47i! ;
Malaga, 3 months, 471 to 47+ ; Valencia, 3 months, 4;f
to 4;11 ; Barcelona, 3 months, 48 to 474 ; Bilbao, 3
monthe, 471 to 474 ; Valladolid, 3 months, 471 to 471;
&wagons, 3 months, 474 to 471 ; Leghorn, 3 months,
27.65 to 27.75; Genoa, 3 months, 27.65 to 27.-5 • Naples,
3 months, 27.65 to 27.75; Palermo, 3 months, 27.6.5 to
27.75 ; Messina, 3 months, 27.65 to 27.75; Lisbon. 90
days' date, 611 to 611 ; Oporto, 90 days' date, 511 to 611.

At Paris the rate of discount in the open mar-
ket is now only 11 percent. ; at Hamburg, Frank-
fort, and Brussels, 2; at Amsterdam, 21; at
Berlin, 3; at Vienna, 1 ; at Turin, 41 ; and at St.
Petersburg, 51 percent.
The Agent-General for South Australia an-
nounces a haul for 400,000/. in six per cent. bonds,
authorised by act of the South Australian Parlia-
ment. Tenders am to be sent in to the Bank of
South Australia, byTuesday. the 13th inst., at noon.
The present loan is the first portion of an issue of
011,000/. just authorised ; the remainder iv not t
be issued till " tiollte time next year." Both
principal and interest int' rayab:e in London.
The traffic return of the Caledonian and North
British Railways shows this week an increase of
3,470/. over lu..t veer.
The directors of' the Rio de Janeiro Gas Company
(limited) have decided to pay an ad interim divi-
dend at the rate of 10 nor cont. per annum, free
of income tax, for the half-year ending the 30th
Juno lust.

- - lt is said that a meeting of the board of the
Antwerp and Rotterdam Railway Company has
been convened, to take into consideration the ad-
visability of paying dividends half yearly, in ac-
cordance with a wish expressed by the share-
holders. The receipts of the Great Central Rail-
way of Belgium (consisting of the Est Beige, the
Sambre and Meuse, and the Antwerp and Rotter-
dam) show an increase of 33,889/. since the let
January last, compared with the corresponding
period of last year.
The half-yearly meeting of the Bahia Gas COM..
puny (Limited) will be hold on the 27th inst.
A-petition for the winding up of the Imperial
Hotel Company (Dover) (Limited), is to be hoard
before the Master of the Rolls on the next day of
petitions.
Creditors of the Calcutta and South Eastern
Railway Company (•• Limited and Reduced") are
required to send particulars of their debts and
claims to the liquidators by the let of November.
Annexed are the quotations of insurance, gee,
dock, waterworks, and canal shares, as given in
the Stuck Exchange list of last evening :
losurtice.—Commereial Union, M ; Ouardian, 62, If ;
Lnatk and Provincial Marino, 1 13-16, 1; Ocean Marine,
191 ; '1 haws and Mersey Marine (Limited), 41, 1; Uni-
versal Marine (limited), ell.
Das Light and Coke.—City of London A, 2.11 ; Euro-
pean, 161, f ; ditto new, 71, 1 ; Imperial, 70, 69 ; ditto,
41, I; imperial Continental, all, too; Westminster Char-
tared, 61 ; Western, 14f.
Docks.—London and St. Katharine, 641 ; Hillwall Free-
hold Land and Dock, 36f, ef.
Water Works.—Berlin, 141; Chelsea, 110 ; East Lon-
don, Mi.
Canal.—Grand Junction, 731, 4i.
Subjoined is a report of yesterday's sale at the
i," Open Stook Exchange (Limited) :"
Belgian Publics Works (Limited), A share*, fully
61 per share; City of Mosoow Gas Company
(Limite, fully paid, 61 per share; Comptoir ()moat
(Limited),d fully paid, 195., 19s. ed. per-share; Confederate

States Loss, 1864, 1,000 dol. Hoed% interest 6 per cent..
6a. 6d. per bond ; Credit Yonder of Harland (Limited),
fully 21 per thus; Heresies 1111111T1109 Com.
pnly (Limited), 21. paid, 6s. to As. M. per share,•
Hodges' Distillery Company (Limited), 201. paid, 4,
per share; Loudon and Suburban Land and Building
"Intan7 61. paid, 515-16 per taste; New
Qeebreda company (flouted), 41. 4,, paid, 1.. 3d. per
slate; Royal Swedish Railway (Ordinary), full, Paid.
3s. ; Vanua Railway Company Bonds, Itnetohnk to
Varna, fully 'aid), 3 7-16 per bond; Worthing Royal
Sea House Hotel Company (Limited), W. 10.. pad,per share ; Westminster Improvemesta Commission, 6001.
Bond, St per bond.
The Emigration Commisaionera have to up
the ship Carona for the convoyanee of p lasengent
to Bielboiuno.