The Express.
London, England, 1868-06-22 00:00:00

EVENING, JUNE 22, 18(8.

COMMERCIAL AND MARKET&

MARK-LANE.-(TFID3 DAY.)
The accounts from the wheat-growing districts aro
somewhat conflicting and owing to the uncertainty at-
tending the present :date of affairs, there wan more f1r11211044
in the market thin morning. The supply of Engliih wheat
was extremely limited, and there being rather an in-
creased demand, purchase could only be effected at Is. per
quarter more money. Millers operated vary cautiously,
and only to supply immediate wants; business wax in
consequence much restricted.
There was a good show of foreign samples, the condition
of which was generally good. There was a better tone
apparent in the trade, and late rates were firmly sup-
-I.oqed•

Thom was Tory littlo English barley on offer, but
foreign was plentiful, and rather lower to moll.
Ihe malt trade was extremely quiet, but no chaago
took pluce in the quotations.
Outs were iu good supply, and sound corn realised full
values, but inferior paroels were dull and inactive.
Beaus changed hands slowly, at stationary currencies,
I'eas commanded littlu attention, but we have no altera-
tion to make in prices.
Linseed was in request at advanning prices. Rapeseed
wane dull. In English scants uu business of importance
was transacted.

The Hour trade was very quiet. Town made qualities
changed bends slowly at the lab, redact' • Foreign and
Country s were held on former tenn
The floating grain-crop trade has ruled firmer during
the week, but the small number of vessels arrived has
3114 riettr I businee. Wheat afloat has suet a dull inquiry,
but, owing to the favourable turn in the home
trade, a part of the recent decline has been re-
covered. In parcels for shipment no businesis has boon
reported. Wo quote :—Chirca, arrived, 545. to &is. 6d. ;
Banat, 645. 3d.; Theodosia, 58s. per 4921b5. ; Polish, 645.
per 480161. }WI" near at hand, has been dull of sale;
but coin for early shipment has been more active.
(Wet; arrived, has sold at 365. 6d. por 4921b5.;
&denim, Wks. per 4801bs. ; Itnehova, to be shipped,
365. per 4801bs. Few transactions have been reported
in barley; nevertheless late rates have been well
maintained. Black Sea, arrived, has realised 30s. 61. per
4001 he.; and Danubian, on passage, 30s. per 480 ,s.
There has been a steady inquiry for rye, principally
on Continental account, and, in some instances, rather
more money has been paid. Amy on passage has changed
bands at 365. to 365. per 480 lbs. Beans have ruled firm
in price, with a fair trade passing. Old Saide on passage
may be quoted at 365. per 480Ihe. Linseed has ruled
active, and prices have advance' somewhat irregularly.
Rape bus ruled dull on former terms.
Miami or SIM& —English rapeseed, 40; maize, 21;
and sundry, 686 qrs. Foreign—Linsey', 900; maize, 1,660;
and sundry, 630 qvs.
EZPORTIL—Wheat 52; oats, 68; and oil seed, 1,581 qn.
T PRICES.
less,.

knot
Per far. 1

lemur. s. s.
Zoom, Heat, To", 'el to—

Per. Qr.

Oars.
Scot
a gr — to
Insh li
23 to 30
„ white 23 to 39

K to 74
.. bo. whttA 'CS to
„ '67
Nerfo& and Li OS to 78ncoln
red _ 64 to 78

Baars.
Manisa 42 to 44
Tirt
!UMW
Pigewn 43 to 801
Pus.

Basis',

---.
Mating
Dintilling
Urinding B3 to 36

Re. 7",

44 to 46
Maple
White
Boilers 46 to 47
hoot.
_ _

saki'
Kingston and Wain 69 to 75
Ewan 64 to 69

New.

40 te 42

Town made:pmlBo
Km
Household
Norfolk
6°
6°
olk6" and &Wolk
ea 'dap 46 to 48

Oave
Engtah, feed
, potato
Boot.* food

26 to 33
33
toto 33
Fos
rig Qr.
WIIIAT. I I.
Dantsie and Konigs-
berg IS to 78
Rostork and Mackke-

Pat Qr.

OATS. IL S.
Duda and @wadi& ... 21 to II
Ituatian _ IS to 30

Thum.

73 tiD.L2 el to
et to 66
13111111iMII, hard
, .oft 6l to 64
AmUriam, rod
„ white 66 to 66
BkiILST.

Death& --
46 to 48
)1447Ptiut 4B to 44
Pw.

Nude
Boilers
Lamas Doan
White 36 to 42
Yellow
hods.
0
Frew+, pm k. 5l to 56
Spanish as
5 to 56
Anwsioaa, per tel. 3O to 36
Canadian . 9O to 36
INTO LONDON BY LAND
FROM JUNE 15 TO TUNE 20,

Grunting .
Distilling.
Malting .

OATS.

M to 35
39 to 41
39 to 43

brewing --
•-•
SO to SS
Dutch foams
ARRIVALS OF GRAIN, &c.,
ANI) WATER CARRIAGE, I
ROTH INCLUSIVE.

Wheat Barley. Yalt. Oat,.
English 7W 5t....1 417
Scotch 7l
Irish ...
Foralia W 845 Hilda ... WOO,
Total

LIVERPOOL COTTON MARKET.
(THIS DAY.)
(molt otra OWN 001111.118PONDIINT.)
The market continues quiet, but steady. Sales pro-
bably 10,000 bales.

(MINCING-LANE.—(TUTS DAY.)
Stroas--The market is steady, but rather quiet, at last
week's currency. Refined : for pieces there is a better
inquiry, at full prices; dried goods dull of sale.
C.orirre.—A fair business is doing in colonial descrip-
tions, at full prices, including plantation Ceylon, at 745.
Rica.—On the spot 100 tons good and middling white
Bengal, sold at 13s. Gd. to 13s. 9d. ; and 150 tons fine for
arrival, at 158. Pd.

Rum—Seventy puncheons Demerara, sold at Is. 9d.
to Is. 9}d.
PEPPER. —A parcel of common Penang sold at 21d.
to 2 19-161.

Carron.—The market has become quiet, and prices for
arrival show a decline of id. per lb.

TALLOW MABKET.-(THIS DAY.)
The market ie steady. Town tallow, 41s. 3d. ; Peters-
burg Y.C., on the spot, 453. ; June, 45e. ; October to
December, 44a. ; December, 445. 3d.

PAIM7crLARS OF TALLOW.

less. I tees.

188,

•
1, Stock on hand this day.. 30,595 27,1218 16,455 19,126
Delivery last week
Ditto taxa Id Joao
Arrival last week 164 974 1,127 51.34
Ditto from Ist Jane
d. e. d. s. d. a. d. .d. e.d.w. d.
Price Y.C. ea Bpd this day 1 6 46 0 44 6 45 0
Tine Tnwn That Prichnv '4.l n 47 3 145 9 '43 9

Aixtvat tor the leech stutter( 74th J uue last yuar, Stu caw,
and delivery, 1,014 caidos. The arrival bat week oompriaed 348
maks bout Australia, sad US from South America ; total, 1104
casks.

METROPOLITAN CATTLE MARKET.
(THIS DAY.)
The number of beasts is very much smaller than on
Monday lust, and we have consequently a consider-
able rise in price. The average quality is inferior;
choicest descriptions are quickly disposed of. There
is also a considerable falling off in the supply
of sheep. Trade is not brisk, but there is an un-
prowl:mut in prices. Lambs and calves are selling about
the same as on Thursday. Our foreign supply oonsiste of
1.090 beasts, 6,820 sheep, and 350 calves. From Scot-
land, 31 beasts; Norfolk and Suffolk, 760; and 1,469 from
the home and midland counties.
Ter Stone of 811)8. o. d. s. d. Per atone of 811,.. 8. d.
Pest Seats, Uerefds. 6 0 6 4 I Best Dos it ilf-he gh 4 8
1.4.4 Short-horn. ... 4 8 5 0 Dot Low-wool.. 0 0
Second goal. Besets 68 3 4 Do. do. Shorn 4 4
(elves
Pips 3 0 4 0. Do. do. Shorn 3 0
Best Dusk MI-hurls 0 0 0 0 Lambs 5 0

was at market, 3,346; iheep
Pigu, 320.

p. d.
6 0
O 0
4 8
O 0
4 0
8 0

and lambi, 27,130; calves, 371;;

MINES.-(THIS DAY.)

ONE O'CLOCK.

The mining market is quiet to-day, and prices
am without much alteration. West Chiverton
flares are quoted 61 to 02; Chiverton Moor,
64 to ;1 ; West Frances, 24 to 26 ; Emily
Henrietta, 31 to 33 ; Prince of Wales, 40e. to 425.;
East Lovell, 71, to 8 ; New Wheal Lovell, 225. 6d.
to 255., call paid; Great Vor, 15i to 16 ;
Great Laney, 17 to 171; Providence, 21 to 23 ;
and North Downs, 20s. to 255.
_ _

St. John del Bey shares have experienced a fresh
rise of 10e., viz., to 21 to 22 ; Don Pedro, 21 to
prem. ' • Anglo-Brazilian, 3-16 to 5-16 prem. ;
restarena, to 1 dis. ; Chontalee, 11 to 2 ;
Rana Grande, 3-16 to 3-16 prem. • Anglo-
Italian, par to prem. ; United Mexican,
11 to a ; Frontino and Bolivia, 13-16 to 15-18;
and Port Phillip, 1 9-16 to 11-16.
The directors of the St. John del Rey Mining
Ccmpany (Limited) have received no advices from
Morro Velho by the French mail. The Rio agents
write under date 23rd May :—Through some
obstruction on the railroad the mining post due
yesterday has not come to band, we have there-
fore no despatches to forward.
_ _

The adjoUrned meeting of the Chontales Gold
and Silver Mining Company (Limited) is fixed for
the 7th July, at the London Tavern, for the pur-
pose of confirming the resolutions passed at the
meeting of the ltith inst.

Forn7al notice is given that the Stannaries
Court proposes on the 3rd of July to make a adi
of 12s. per share on the contributories of the New
Wheal Vor and East Wheal Metal Minin. Coca--
Pant'

MONEY MARKET.-(THIS DAY.)

ONE 0' CLOOE.

The stock markets are quiet to-day, with few
transactions, and prices in most eases are
unaltered. Consols are without variation for
money, but have risen k per cent. for
the account. Railway stocks show steadi-
ness. Some of the foreign bonds have ad-
vanced. Bank of England stock is heavy, and
has fallen 31. to 41., owing to additional
sales on the part of persons who, looking at the
limited extent of the discount business of the es-
tablishment, anticipate a reduction in the next
dividend. Banking, financial, and miscellaneous
shares, with ono or two exceptions, exhibit no
movement.

The discount market is quiet, and the rate for
the beet bills unchanged, at 11 per cent.
Consols are quoted 943 to 95, ex div., for money,
and 95 to 3, ex div., for the account (July 9),
and the Three per Cents. Reduced and New Throe
per Cents., 941 to I.
Very few changes have occurred in railway
stocks. Caledonian and South Eastern have
declined 1 to 1 per cent.; while London
and North W stern has risen 1. Annexed
are the prices :—Caledonian, 731 to 1 ; London
and North Western, 1183 to 1; Great Western,
531 to 1; Midland, 1051 to 1061 ; London and
South Western, 92 to 93 ; Great Eastern, 36/ to
37 ; Brighton, 511 to 321; South Eastern, 751 to
f; Metropolitan, 1111 to 112; Great Northern, 103
to 1; Ditto A, 961 to ; London, Chatham,
and Dover, 201 to 1; Lancashire and York-
shire, 129 to 1 ; York and North Midland, 931
to 941; Berwick, 1031 to 1; and North British,
331 to 341.
Foreign securities are in request, and a rise of
1 to 1 per cent. has taken place in Chilian of 1867,
Peruvian of 1865, Russian of 1868, and Turkish
of 1863. Mexican bonds, however, are 1 lower, at
153 to 161. Prices are quoted as follows :
Brazilian of 1863, 761 to 1; Chilian of 1867, 951
to 961; Egyptian of 1864, 82 to 83 ;
Italian of 1861, 531 to ; Peruvian of
1865, 87 to 1; Russian of 1866, 901 to 1; ditto
Orel, 811 to ; Spanish of 1867, 371 to 381;
Turkish of 1858, 634 to 841; ditto of 1862, 641 to
631; and ditto of 1865, 391 to 1.
No alteration is apparent in Indian securities.
The Five per Cents. are at 1141 to 113 ; the
Four, 1041 to 105 ; the Bonds, 28s. to 335. prom. ;
and the Debentures, 1051 to 1. Bank Stock has
declined 31. 10s., viz., to 240 to 245. Exchequer
Bills, 14s. to 18s. prem.
The market for Bank shares is moderately active.
London and Westminster, 711 to l; London and
County, 501 to 1; Union of London, 341 to ;
Anglo-Austrian, 51 to # prem. ; London and
Brazilian, 30 to 25 die. ; Imperial Ottoman, 11 to
11 prem. ; and Consolidated, 3 to 11 prom.
Miscellaneous shares are unchanged, with the
exception of a rise of 2s. 6d. in Hudson's Bay, the
present price being 161 to 3 ; National Discount,
8 to 1 prem. ; General Credit, 21 to 13 die.;
Credit Fonder, 31 to 1 per share; International
Financial, 11 to 11 die.; London, 22 to 20 dia. ;
Egyptian Trading, 5 to 41 die. ; Telegraph
Construction, 131 to 141; Atlantic Telegraph
Bight per Cent. Preference, 43 to 51 ; and Anglo-
American, 224 to 1.
American securities are quiet. The 5-20 Bends
are at 731 to ; Brie Railway shares, 451 to 46 ;
Illinois Central, 1001 to # ; Atlantic and Great
Western Debentures, 2$ to 1; and the Consoli-
dated Mortgage Bonds, 331 to 341.
The first general meeting of the certificate
holders of the Foreign and Colonial Government
Trust will bo held on the Bth of July.

TWO O'CLOCK.

Consols are without change, but some of the
railway stocks have declined 1- to I per cent. The
only alteration in foreign bonds is a rise of I in
Spanish of 1867, vis., to 381 to }.

FOUR O'CLOCK.
The English funds are steady, at 941 to 95 for
money, and 95 to 1 for the account.
Home railway stocks are quiet, but Cale-
donian has risen per cent., viz., to
73! Metropolitan, 1111 to I ; Great
Western, 031 to 1; Lancashire and Yorkshire, 129
to 1 ; London and North Western, 1164 to 1;
South Eastern, 751 to 1; Midland, 1051 to 106 ;
and Brighton, 521 to 514.
Foreign bonds are steady. Orel Vitebsk, 811 to
; Nicholai, 644 to 651; Spanish of 1867, 381 to
1; Turkish of 1865, 391 to ; and Italian of 1861,
5.31 to 1.
About 32,0001. in gold has been sent into the
Bank to-day.
At Paris to-day the Three per Cent. Routes
opened at 70fr. 30c. for the account, being firm.
Surprise is expressed by many holders of foreign
bonds at the inaction of the Stock Exchange Com-
mittee, in view of the confiscatory tendency of the
legislative measures now being adopted in Austria
and Italy, with regard to the interest on the
public debt of those countries. Little doubt can
bo entertained that so tempting an example will
be followed by other States, conscious that they
have already borrowed pretty nearly as much as
we are disposed to lend them. The reasonable
argument is urged, that it is better to lock
the stable door before the steed is stolen, whereas
by remaining quiescent, the Committee of the
London Stock Exchange may suffer an impression
to go abroad that this means of evading a just
liability may be resorted to with safety. The
Stock Exchange is—or ought to be—no dead or
inert body : it has charge, so to speak, of the
interests of the proprietors of a couple of thousand
millions of capital embarked in various kinds of
securities; and if it wishes to prove to the world
that a living, practical utility attaches to its func-
tions, the present is an excellent occasion for
doing so. The Stock Exchange Committee may
almost be said to hold in their hands the purse-
strings of the great British public; for it is certain
that the public will not subscribe to an unmar-
ketable security, and unmarketable any stock must
be upon which the Committee expressly put their
ban. Let them place upon record, then, a plain
declaration that foreign States which—no matter
if with duo form of law—confiscate a portion
of the sum due to their creditors, by levying
taxation upon them in the way pursued by Austria
and Italy, will subject themselves to exclusion in
future from the London market ; and there will
be strong grounds for confidence that tl7ren er
now apprehended byforeign bondholders
will be averted.

The Brazilian Minister of Einem*, in his report
to the Chambers, after stating the amount of the
deficit, says:—" It is indispensable, therefore, for
you to amplify the resources applicable to the
expenditures which produce the excess, keeping in
view that, as the war is not yet concluded, there
still continues to be extreme difficulty as to rais-
ing a loan in the European markets."
The subjoined memorandum, from a correspon-
dent, relates to the latest advises from Buenos
Ares, and to the new Argentine loan :
The private advice@ from Buenos Ayres, by the Vrench
packet, bring the satisfactory intelligence that Elisuide,
the friend and candidate of General Mitre, whose presi-
dency is about to close, is likely to be the new President
of the Argentine Republic. No man has ever been more
beloved than General Mitre, or done more for his country,
and he will lay down his office with the respect and regard
of every one. The Argentine Six per Cent. Loan, brought
out by Messrs. Baring at the moderate price of 721, and
the subscription for which closed yesterday, has been all
taken by the old friends and parties who know those coun-
tries best and have been long connected with thank and
greatly, if not solely, taken for invoitroont.

It is said that there is still a prospect of pro-
ceedings being taken in the House of Lords,
with a view to prevent the directors of the Me-
tropolitan Railway Company from paying de-
benture interest out of capital.

The adjourned annual meeting of the Cape of
Good Hope Telegraph Company (Limited) is
called for the let of July, and will bs made ex-
traordinary " for the purpose of passing a reso-
lution authorising a variation in the established
number of the directors, and aka-Mg directors in
the room of those retiring."

A general meeting of the Mexican Railway
Company (Limited) is convened for the 30th
inst., to receive the directors' report and state-
ment of accounts, and to elect auditors.

The twelfth ordinary general meeting of the
Alliance Bank (Limited) will be held at the City
Terminus Hotel on the 16th July.
The New Zealand Loan and Mercantile Agency
Company (Limited) have given notice that the
coupons for interest dne the let July on the com-
pany's debentures are now being received for pay-
ment. The warrants will be issued on the Ist
July.
Vice-Chancellor Malins has confirmed the ap-
pointment of Mr. Alfred Good, public accountant,
of 71, Cornhill, as official liquidator of the Vale of
Neath and Cefyn Mawr Junction Railway Com-
pany (Limited).
Messrs. Baring Brothers and Co. have announced
the dividends due the Ist of July on the Russian
Four-and-a-Half per Cent. Loan of 1850; also on
Canada Sterling Debentures, Nova Scotia Six per
Cent. Sterling Bonds, New Brunswick Six per
Cent. Sterling Bonds, Maryland State Sterling
Five per Cent. Bonds, Boston City Sterling Four-
and-a-Half per Cent. Bonds, Eastern Railroad of
Massachusetts Six per Cent. Bonds, and Argentine
Six per Cent. Bonds.
Advises from PoriLouis, Mauritius, dated the
16th May, state that a " poor tax" is now raised
by the addition of 8 per cent. to the amount of
customs duties payable on all entries inwards.

RAILWAY, MINING, AND OTHER

SHARES(.-(THIS DAY.)

NlALCl°linAr=3.lWint OW, N
_8 TM&

Canada Oovenunont, 6 per Gaut., Jan. and July, 1877 to
1884 t 10511 6. . - •- ' ---

Do., 16 per cent., Jan. and July, 94.
New Brunswick, 6 per cent., Jan. and July, 106 f.
New South Waaw Govonuncut, 6 per eent., 1888 to
1896, January and July, 1001, I.
New Zealand. 6 par cent. (601. paid), Jan., April, July,
and Oct., 611, 2.
Nova Scotia, 6 per cent., Jan. and July, 1886, 1041.
Queensland, 6 per cent., Jan. and July, 1891, 1091.
Victoria, 6 per cent., April and Oct., 1121.
ORDINARY SHARFA AND STOCKS.
- -

Caledonian 731, 1.
Gnat Eastern, 37,
Great Northern, A, receives no dir. until 6 per cent. has
been paid to B, 961.
Do. B, do. do., 125.
Great Western Original, 53k, 1.
Lancashire and Yeikshire,
London, Brighton, and South Coast, 61j.
London and North Western, 1161.
London and South Western, 92g.
Manchester, /Sheffield, and Lincelnchire, 431, 3.
Metropolitan, 111:, 12.
Midland, 106, 61.
North British. 341.
North Staffordshire, 58.
South Eastern, 761.
PREFERENCE SHARES AND STOCK&
- -

Great Eastern, .5 per cent., 1864 80. --
--
-
Great Western, 6 per cent. irredeemable, 1866, 104.
Midland, 6 per cent, optional to convert to ord. dock,
Sept. 1, 1869, 161.
North London 4} per cent. (Max. 5 per cont.), 1001.

9ata. 'Beans Per. Flour.
__. qrs. spa qrs. brie.] ream
809 218 ... ... 11426
5/673 a aao :.: iiies
57282 296 990 16226