The Express.
London, England, 1857-05-23 00:00:00

THE EXPRESS. SATURDAY EVENING, MAY 23, 1857.

des, that the Raided is depeeld to base up week ill
K. Lima* sad te Wag the to hem the
Cleshwer
the
that Oreweleisreessei It* leftist is
the mown of this sew
amaiter punt illisethei
of wiles, is the nib' Padtri eose.
I very 11101111IM theilihrs.pwlmea will lose we /wait
thee that of bringing ib es epee weed mew tie saw
liar of the seedenie Early. Y. Breve Xwes end his
Meads is the ehttembeesi A anehat with i dale hos the
project of low • IL Lierests sad os their side, ell wait-
port the Lail". Aa to the Coast of St. Luis, =
is est yet bows. ETSIM is the barmen of the
there Nest h. s great &snows of opinion es this
poist. 'Climes, whets he forted p of the suOceity oldie
cessetesst metes, opposed vigoooady every COIDDISSiOS to the
creditors. NIL Mal, Be4jait Loma°, wid Notedal have
aware dewed slate 1862 asses the adversaries of this pro-
' jset. Dot the these have changed. sad I should sot be sow
teal had bee all the preerst miniateen vote with their pre-
sibersk bath eat of deference to his asd in OMIT 110 t to es-
pees themselves to • !ministerial crisis. Iteaurd it as certain
that this wadies, which hitereets Dot only Spate bat Europe,
will give rie te the wet sager discoasiros."-

LAW INTELLIGENCE.
THIS DAY.

COURT OF QUEEN'S BENCH.
(ante in Banco, in Trinity Tao, before Lord Campbell
Justices Cohridge, Wightmart, sad Crompton.)
Till PULS V. THI BURIAL BOARD OF TIVEATON.—VON.

MOCIATION or 1111111 AL 131101.1114.
It lids ear the court had granted a madmas &phut
Ow Duda Heed at Tierney to try the for whether
the got et the eeseetwy at dot lowa iimeded It be ears-
wad hod bees plated la •II and paper sealltiett le be
omeateled by the Mao of the deem It ameered that
the beeedhod. Emit • lee at ihemertiset-itsterte• the

eserserdel awl imese;arded pYerl and lee el a wall
*dare bar sodhal the Misr et Ihrat
ow Om deg 11^ me dr bred dear' le do
me.
rear bed der4 dee% be wiersi M eserceste the
Yr Zimpir mew sewed le at sable se air which hod
bra raft by Mr. IdlerOskrldys, isablise the pro-
motion to Ord a mead *I. wAting ad Noe additional
bre wilt ewe ls lie skis el dr WY peraL Ia the
Meer arrims Moberg beesdareed thetas posed
wee la • keel esadklea lr eieseradea, bat did not
taawthakejllwafaewr4t—kat KIM set to the
that It was to • It and pipe wailfica for that
sae stided • arid grolisa d law and
Yt. the pears lees damsel to die ern co the
Cutlbet k yen ao seder to the modmoot to say
e yes*. Wended to he ecerieserd we la a it
arllßsteadldee for coesserstise. miss I rasedto
dr ebsiorehe jodp stile dem; to be -fa smelt •
reds. breed erred aid the melt mil rea-
-1 deem It aired the wish opolloo, owl that
the mend lies which the perraler purred r
Well vasaseamey, sad via celeekkil le the lodge
mks IdM warlarests
_ _

Oanyboll Win lid wpm ow So mord M what
input Ibo gum/ was ad It for weroontifow, nor what
wow Sr walk ohjettkow of taw bishop. It would be vary
lotimilt *bow the whole stile Mk ail lathe ples,so the
Snit ideri thwa vivo judgmoi wpm Ilto *norm to thst
iMituitibms woke MY mowwwwory. Tho batter way,
wail le it lb. Limbs twomosiooto with
the osmoi es the sear Me, mil ma whither thaw could
lona 11111:6 • phi; sod it thy amid ant epos, In Wait Yaw
him a nb it show team

MONEY MARKIIT.-THIS DAY.

Two o'CLocc.

The funds to-day are stationary, at the closing
quotations of yesterday. Very little business is going
forward in this or any other department of the Stock
Exchange, but prices arc steady, except for French
railway shares, which continue depressed.
The funds are quiet, at 931 to 1 for money, and
93/ to a for the 4th June. The Three per Cents.
Reduced have been dealt in at 921 to ; the New
Three per Cents., at 921 to f ; Bank Stock, at 2131;
Exchequer Bill+, March, at 4a. to 6s. prem, ; ditto,
advertised, or June Bills, at Is. to 3s. prem. ;
Exchequer Bonds, 1858, at 93 f ; and India Bonds at
4s. to 3s. dis.

Turkish Six per Centh. are rather better, at 94 1
to 1. The Guaranteed Four per Cents. are quoted
1011 to Z. Little business has been done in other
foreign descriptions, the sales being limited to
Dutch Two-and.a.llalf per Cents. at 64 and
06 (exch. 1211.); ditto, Four per Cents.
Certifs. at 97; the Spanish Coupon Certificates at 61
and GI; Venezuela Active Bonds at 35; ditto, De-
ferred, at 131.

Amongst the chief transactions of yesterday
were a sale of 100,000!. stock, and a pur-
chase of 40,0001. The government broker also made
his twelfth investment of 30,0001. in Exchequer
Bills. The market derived some support from the
news of an arrival of gold from Australia. Some loans,
however, were withdrawn from the Stock Exchange,
with a view, it is reported, to the purchase of some
of the newly arrived gold for account of the Bank
of France; and money was thus rendered rather
tighter in the house, the current rate being about
61 per cent. on government securities. In the dis-
count market the demand was also more active.

The latcat date allowed for 'ending in the June
Exchequer Billa for renewal is the Bth of June.

The screw steamer Istanboul has arrived at Ply-
mouth from Melbourne with 44,552 oz. of gold on
freight, worth about 178,2001. This vessel has been
at sea 80 days, having left Melbourne on the 3rd
March. Her gold will be in hand early next week.
A considerable portion of it will certainly be sent to
the Continent, but in some quarters an impression
prevails that some parcels may be sent into the
Bank.

Further arrivals from Australia are hourly ex-
weed. The South Carolina has been at sea 111
days; the Sydenham, 106 days; the Morning Star,
100 days; the Medway, 93 days •, the Donald
BPICay, 00 days ; the La liogae, 89 days, &c. Each
of these vessels has gold on freight.
The Seat portion of the remittances of gold noti-
fied in the Express of tho 4th inst. as coming
forward from Russia, has arrived in the Thames
per the steamer Adonis, from St. Petersburg.
The amount brought by this vessel is 50,000 half
imperials, or about 40,0001. The delay that has
occurred in its transmission is explained by the diffi-
culty of collecting gold in St. Petersburg.
The bar silver brought by the steamer Orinoco
from the West Indies and Isthmus, was sold yester-
day for India and China at ss. lid. per or. standard,
being an advance of id., compared with the price
realised for the remittance by the previous packet.
The demand on Eastern account continues.
On 'Change yesterday afternoon the rates for hilts on
Hamburg, and for long paper on Paris, were quoted
less favourably for this country: On other places
the exchanges were steady at the quotations of
Tuesday last. The current rates are shown below,
viz. :

Amotredam, three months, 12.01 to 12.01: ditto, short, 11.171
to 18; Rotterdam, three months, 12 to 12.01 ; Antwerp
Braman three months, 26.60 to 21 ; Hamburg, three
months, 13.81 to ; Pena, three month., 25.671 to 721; ditto,
26.271 to 321 ; Ifereeilies, three months, 25.70 to 75 ;
Ftfeet-on-the-Maise, three months, 1191 to f ; Peters-
burg, three mouths, 37 to j ; Vienna, three months, 10.33 te
35 ; Trieste, three months,lo.34 to 36 ; Naples, three months,
421 to f ; Genoa, three months, 25.75 to 80; Leghorn,
621;mouths, Palermo, three month; 1281 to
130; Mosaina, there toonth 1291 to 1301; Oporto, three
months, 621 to 1 ; Lisbon, o
three months, 52f to 1.
The corn market yesterday was more attire, and
wheat in mans cases realised le. to 2s. per quarter
more than on Monday last. The arrivals of foreign
grain in London since Monday have been lowa
The number of floating cargoes arrived at ports of
call since last Friday is 24, but most of these have
been disposed of, and there is scarcely a good cargo
of wheat now on offer.

The prospectus of the Smyrna and Aidin Railway
is at length issued. This undertaking has been for
a considerable time in course of organisation, and a
large mass of local testimony has been furnished in
favour of the utility and remunerative prospects
of the work. The directors mention, as the reason
for bringing the undertaking forward at this unfa-
vourable juncture, that the finnan absolutely fixes
the term for the commencement of the works. Hav-
ing regard, however to the stringency of the money
market, only the first section of 40 miles, forming
part of a total length of 70 miles, is at present
to be commenced. When the entire line is com-
pleted, the journey from Smyrna to Aidin—two im-
portant emporia of commerce—will be performed in
i three hours, nstead of four days, as at present.
According to estimates which are stated to have been
confirmed by all the principal resident merchants of
Smyrna, the goods traffic will yield a net dividend
of 12 per cent. per annum, after making provision
for the division with the government of profits over
7 per cent. The capital is fixed at 1,200,0001., upon
which sum the Turkish government guarantees a
minimum dividend of 6 per cent. per annum for 50
years. his also mentioned that " contractors of emi-
nence and responsibility have offered to undertake the
construction of the railway, with ample rolling stock,
within this amount." The government guarantee
is to come into operation as each section is opened..
Amongst other important points conceded in the
finnan are a free grant of land and materials ; re-
mission of import duties on all materials, &c.; un-
restricted power of management; the privilege of
erecting warehouses, with a custom-house attached,
on the company's premises at Smyrna; and liberty
to work all coal mines within 30 miles of any part
of the line, on payment of a fixed royalty. The
contessionnaires,wfio have subscribed to the capital of
the company to the extent of 90,0001., are to receive,
in return for the concession and for all pre-
liminary expenses, 31 per cent. upon the capital,
either in shares or otherwise. The prospectus also
mentions : " The Turkish government, by the terms
of the concession, reserve 15,000 shares, or 300,0001.,
for local subscription. The applications for these
shares, headed by his Imperial Majesty the Sultan,
the Grand Virier, and several influential capitalists
of Constantinople, have considerably exceeded this
amount." The capital of 1,200,000/. includes provi-
sion for the payment of 8 per cent. interest during
construction. The shares are of 201. each, with a de-
posit of 1/. The directors are highly respectable,
comprising Sir Macdonald Stephenson (chairman) ;
Messrs. E. C. Smith (of the firm of Smith, Payne,
and Smith, the eminent bankers), Philip P. Blyth,
William Gordon Thomson, Captain Daniel Warren,
and.slajor-General Tremenheere.

The directors of the Oriental Bank Corpora-
tion have issued their report in anticipation of
the meeting on Monday next. The net profits
for the year 1856 are stated at 163,3621. out
of which a dividend for the first six months, at
the rate of 10 per cent. per annum, has already been
paid, and it is now the intention of the directors to
declare a like dividend, together with a bonus of
2 per cent., for the six months ending the 31st Dec.,
nuking a total distribution of 7 per cent. for that halt-
year. A balance of 8,0621. 2s. Od will then remain to
be carried forward. It is mentioned that compensation
has been applied far in the proper quarter for the loss
sot tined through the destruction of the company's
building and furniture at Canton. Reference is
made to the assistance extended by the bank in the
liquidation of the affairs of the London and Eastern
Bank, but for any advances the corporation has
ample security. The insurance fund has increased
during the year from 10,9601. to 38,1831. The
report remarks : "This gratifying result, after so
short a period from the formation of the fund,
affords an early prospect of accumulations sufficient
to cover the shipments of bullion made by the
corporation, not otherwise insured, and then to

becoine a source of additional revenue to the pro-
prietors."
A call of 2./, is to be paid on the shares of the
Eastern Steam Navigation Company by the 10th of
hue.
A further return of 3s. per share is advertised on
the shares of the Melbourne Dock and Railway
Company.
The return of the Bank of England for tho week
ending Saturday, May 16, compared with the pre-
vious return, shows the following results:
Circulation issue
Circulation active
Public deposit@
Other deposits
Governineut securities in
banking department
Other securities in banking
department 18,445,666 Dames 184,691
Coin and bullion in both
department,
Seven day sad other bills 724,030 Decrease 26,016
The Ran
Notes in reserve 4,349,865 Increase 123,510
These changes are not of striking importance.
The increase in the Treasury deposits and decrease
in the "other" deposits nearly balance each other;
but as the "other" securities have run off to some
mall extent, the Bank's stock of unemployed notes
has increased by 123,310/. The coin and bullion
present an increase of 43,4821.

DANE OP ESOLANII.—An Amount. purulent to the Ad Itti earl
Nadu.... MI, for she .ant man se &dewier. Kay 14. LIM.
Ines DIIPASTUBST.
Melo lemel. . =ISM I Oerenetiat Debt Sll.ols.lre
Mbar Warlike . 0.{19'.790G0ad 0a...a paiii 0.119.790
/0.304.790 =AKITA
sesame eeresereire.
=Wore Now. • • • autusom 1 Oovereseeot Seeertthe
/OMAR Itheled. Deed Veleta
rwti.; ligi4aliiielii4 Aothityl_
azeboe . ft..=
Camel. of IV Other stheritlei
Notes . - —., -
1464. en 4 OW area) SALON 1 Oell sal *Myth Orth
Oiler Detthle . ~. 11./E0,130
gem Jay awl ether MIN 711,0.0
03.111.8,3 n
May 21. IMT.

I 5MA68.391
M. MARSHALL. HAM CluMr.

FaiDAT ETIMIXO.

The funds to-day were dull, and,uponth:;;;le,
showed no tendency towards recovery. The closing
quotation of Consols was about 1-16 per cent. 1
below that of yesterday. At the reduced prices now
established, however, the market evinced more
steadiness, the extreme variation of the day being
very trifling. The operations of speculators are
chiefly influenced at present by the approaching
settlement. The "continuation" on Consols to the
new account, terminating in the middle of July, I
is to I per cent. After making allowance
for the income tax, and for the circumstance of
the July account being an unusually long one, some
of the speculators for higher prices are disinclined to
carry over their purchases, seeing that the charge in
question is nearly equal to half the dividend about
to be deducted.

Consols, which closed yesterday at 931 for the
4th June, were last quoted this afternoon 931, to 1.
From this quotation there was scarcely any variation
throughout the day. For money the last price was
931 to 1. The official business report is as follows:
Three per Cent. Consols, for money 931,1, LAI!
ditto, for account, 4th June, 931, 931.
per Cents. Re laced, 921, 921. New Three pa
Cents., 921, 1, 1. Three-and-a-Half per Cent. Ex-
chequer Bonds, falling payable in 1858, 981, 99.
The March Exchequer Bills were quoted 4s. to 6s.
prem. ; the June Bills, Is. to 4s. prem.; Exchequer
Bonds, 984 to 09; and India Bonds, 7s. to 3a. dis.
Turkish Six per Cents. showed some flatness
daring part of the day, but were quoted at 4
o'clock 941 to 3, being the same as yesterday. The
Guaranteed Four per Cents. remained firm, and
closed at 1014 to 4., Spanish Old Three per Cents.
were more inquired for. Mexican Bonds are still
offered. At 4 o'clock, Russian Five per Cents. were
quoted 105 to 7 ; ditto Four-and-a-Half per Cents.,
96 to 98; Dutch Two-and-a-Hall per Cents., 641
to 651; ditto Four per Cent. Certificates, 96 to
98; Mexican Bonds, 221 to a ; Spanish Deferred
Three per Cents., 251 to 1 ; and Peruvian Four-and-
a-Half per Cents., 76 to 78.
Bank shares to-day were steady, though quiet.
London and Westminster Bank stock is more in-
quired for. Union Bank of Australia declined about
11. The shares of the London Discount and National
Discount Companies were Bat. Land and steam
stocks were dull. Canadian Government Six per
Cents. were more offered.

The nominal closing quotations for the newly pro-
jected railways are subjoined, Punjaub Railway,
jJ to 7-16 prem.; Oude Railway, par to / prem.;
Central Oude Railway, 3-16 to 6-16 prem. ; Eastern
Bengal Railway, 6-16 to 7-16 prem.; Calcutta and
South Eastern Railway, par ; Euphrates Valley Rail-
way, par to prem.; North of India Tramroad,
par to prem. ; Trinidad Railway, 1-16 to 3-16
prem.; Italian Junction Railways, to 1 die.;
Riga and Dunaburg Railway, to dia.; and Grand
Russian Railways, I to I prem.
The shares of the General Bank of Switzerland
were quoted 21 to 2 dia. ; Mediterranean Extension
Telegraph, to prem.; and l'aris Chocolate Com-
pany, to 1 Prom.