The Express.
London, England, 1861-05-17 00:00:00

THE HOUSE OF COMMONS AND THE AMERICAN

DISRUPTION.

The following notices of motion now stand on
the order-book of the Home ci Commas for Friday, the
7th of June :

"Mr. Gregory,—To call the attention cf the hones to the
expediency of the prompt recognition of the Southern Con!
federacy of America."
"Mr. William Forster,--To call the attention of the
home to the inexpediency of interfering in 'behalf of those
citizens of the United States who are now in insurrection
sgainst their government, by a recognition of the coofede.
racy which they have fcesami."
" tfr. Clifford,—On Mr. Forster's motion, to call the
attention of the hones to the nature and Character of the
secession of those Mates in North America, said to be in
insurrection hilliest their government, and to impress upon
her Majesty's government the importance of continuing to
observe a strict neutrality between the contending parties."

On the 11th of next month Mr. Brady trill move
in the House of Commove, "That the strong claims of Mr.
Barber upon the favourable consideration of the Crown, re-
ferred to in the report of the select committee on the peti-
tion of William Henry Barber, made upon the 7th day of
July, 1868, have not boon satisied ; and that the circum-
stance@ set forth in his petition to this house, presented
upon the 2nd d►y of May instant, in reference to such
claims, are entitled to the consideration of her Majesty's
government"
Mr. Richard Cobden, M.P., has left the Hotel
de la Grande Bretagne, Rue Caumartin, Paris, on his re-
turn to IFsiglead.

Arrangements are making for a large gathering
al volunteers at Stratford, Baez, on Saturday, the 25th
instant. It is anticipated that on this occasion there will
be a mach larger muster than on the occasion some few
months ago, when between 800 and 900 meta assembled ; as,
beside the local corps, the kb Essex—which will parade
ten companies stmng—eeveral other corps connected with
Essex, Middlesex, and the metropolitan district, are ex-
pected to be present.

The Curl; Examiner says that Itho City of Glas-
gow, just arrived from New York, brought home a
number of Irish emigrants. With one or two racer.
lions, moue of them appeared to have benefited by their
exile, many of them being very poorly clad, and
haying an anxious dejected appearance. Notwith-
standing this immigration, there is no diminution
in the amount of emigration. On the contrary,
it appears Gs the increase ; but this is probably owing to
the emigrants being ignorant of the actual state of America.
Last week a large number of intending emigrants went to
Queenstown, hat out of this 100 withdrew their DOMES from
the agents' books, as soon as they were told of the condition
of the country to which they were about committing their
fortunes.

The Nord states that a volume, under the title
of " What would save us in the last resort ?" is musing
much sensation at Berlin, the more so from the fact that it
is attributed to one of the most eminent politicians in
Prussia. It is written in a sense hostile both to France
and Austria, and advisee Prussia to form an alliance with
swingeriaad, Belgium, and Holland, and, in certain even-
tualities, with England. Prussia, says the author, cannot
attach her destinies to those of Austria, and has nothing to
expect from the German govemsnent.,. It is absolutely
neesmary :bat she should immediately tack about and enter
on a new course.

The municipal authorities of St. Petersburg
have determined to found an hospital for poor artisans, is
commemoration of the emancipation of the serfs. It is to
be called the Alexander Hospital, and the project has bees
favourably received by the Bropenir.
The press of Constantinople is about to be in-
creased by the addition of a new Arabic weekly journal, to
be called the Djera4l, and be edited by Ahmed Faris Effendi,
who we.. employed for many years in London in connexion
with Ara:We literature.

INDIAN FAMINE RELIEF FUND. —The total sum
received in aid of the fund up to last evening wee 1ik3,000/.,
of which 1,6001. and upwards was rewired dozing yesterday
dose, including the sum of 1,0001. from the Wedevaa Me-
thodist Association, being a collection from the Wesleyan
Methodist dispels.
WORKING MEN'e RECOIL/4[ON TO PA/LILL—(THO
DAY.)- -The first detachment of the exeursionids started
this morning from London-bridge terminus, per South
Eastern Railway and host, for the Continent. Two
trains left, the lest consisting of twenty.five °wince,
containing about 700 passeegers, precisely at 10 a.m., the
second, with sixteen oirnages and about 300 passengers at
10.30. About two-thirds of this &hutment were persons
from the Northern and Midland Counties, who arrived in
town per special train last evening. It is in-
tended that the excersioniste should arrive at
Boulogne about 4 p.m., staying in that town five hours, and
leave for Paris per Great Northern Railway of Prance at 10
p.m., arriving in that city ahout 6 a.m. Traive will leave
with the remaining part of the excursionists to-seemly
morning at 11, and Sunday morning at 11 The
whole arrangements were underthe superintendence of Mr.
I'. Cook, the railway excursion manager of Leicester who
accompaeied the find trains. Not the slighted ooneneicia
took and the excureionista, amongst whom wen•
number of departed in high spirits.

MONEY MARKET.--(THIS DAL)

Two oPCLocw.

The funds to-day have scarcely varied from the
quotations which ruled yesterday and for several days
previously. The operations are upon too limited a
scale to affect prices. At one period of the morn-
ing, however, a little flatness was shown. In the
other departments of the Stock Exchange there is
no feature of interest. English railway stocks, in
most instances, are again rather weaker.
At Paris this morning, according to Mr.
Reuter's telegram, the Three per Cent. Rentes
were quoted 69fr. 47c., being nearly per cent.
worse than yesterday. _ . _

Consols are officially marked 911, 2, and 4 for
money, and 92 and 911 for the account. The
present quotations are 91,i to I for money,
and 91/, " buyers," for the 6th of June. The
official business report is as follows :—Bank
Stock, 232; Three per Ceuta. Reduced, 891,
1, 4 ; New Three per Cents., 891, 1 ;
Thirty Years Annuities, 1885, 151 ; India
Five per Cent. Stock, 1011, I, 4 ; ditto for account,
1014 ; ditto Four per Cent. Debentures, 1868,
961 ; Five per Cent. " enfaced " rupee paper, 94 ;
Exchequer Bills, 64., die.
The transactions in the foreign stock
market have been upon a moderate scale.
There is no change in prices worth
mentioning. Sales are recorded as follows :
Brazilian Old Five per Cents., 982 ; ditto Four-
and-a-lialf per Cents., 1880, 881 ; Buenos
Ayres Six per Cents., 90*; ditto Deferred,
281 ; Chills& Six per Cents., 100, 1014 ;
Dutch Four per Cent. Certificates, 100, 992 ;
Mexican Three per Cents., 22 1 ; New Grenada De-
ferred, ; Russian Four-and-a-Half per Cents., 911;
Spanish Three per Cents., 511 ; ditto, for account,
51 ; ditto New Deferred Three per Cents., for
account, 421; ditto Passive, 164 ; Turkish Six per
Ceuta., 1858, for account, 551.

The rise in the Bank rate of interest had
been very generally anticipated, since the set-
ting iu of the renewed drain of gold to
America. It will not arrest—scarcely, per-
haps, check in any degree—the demar,d for specie
forthat quarter ; but it is calculated to give a further
favourable turn to the Continental exchanges, and
to throw fresh impediments in the way of mercan-
tile remittances of silver to the East. There is thus
every prospect that such gold as comes in from
Australia and other quarters will be retained here,
thereby forming at least a partial set-off against
the American requirements. Upon the o:tent of
the latter will depend the answer to the question
as to whether the rise in the v.ilue of money will
proceed further.
In consequence of the movement at the Bank of
England the joint-stock banks have raised their
rates for deposita from 4to 4* per, cent. The Lon-
don and Westminster Bank, as usual, give 1 per
cent. less for sums below 500/. The discount esta-
blishments have also announced that their terms
will henceforward be 44 per cent. (instead of 4) for
money "at call," and 5 (instead of 41) at seven
days' notice.

About 5,000/. in gold was bought by the Bank
yesterday, while 30,000 sovereigns were withdrawn
for America. There is still no inquiry for gold for
the Continent, and the 104,0001. by the Kent is
expected to be taken to the Bank after being re-
fined. With the present favourable wind some of
the overdue Australian gold (about 300,0001.) may
be looked for.

The Mexican dollars by the Seine were sold yester-
day for the Continent at 4s. 11}d. per ounce, being
the same price as that obtained for the supply by
the previous Mexican steamer. Iu the interval,
however, some small parcels have been placed at
higher rates.
The Shannon will take to-day only 5,0001. in
silver for the West Indies.

The Liverpool cotton market yesterday was rather
steadier, but the sales did not exceed 7,000 bales.
The sugar market yesterday was heavy. whilst
plantation Ceylon coffee showed an upward teu-
dency.
At the indigo sales yesterday there was more
animation in the bidding*, and a larger quantity
was sold. The sales will finish to-day.
The Greek payments due yesterday have caused
the suspension of another respectable firm, that of
Messrs. AlexiadiDelta and Co. The house has been
making gnat sacrifices for some time past to main-
tain its position, but hex at last been forced to ClO-
ournb, although its outstanding engagements have
been materially reduced. The total of the direct
liabilities is estimated at 70,0001. or 80,0001. The
assets, as usual in these oases, are for the must part
due from the Turkish government, and assuming
that they are recovered, the firm expect to be able
to discharge all claims in full and to have a consi-
derable surplus.
At a meeting yesterday of the creditors of Mr.
Thomas Dowling, who carried on • large business
as a timber merchant at London and Birmingham,
the liabilities were stated by Mr. Quilter, the
accountant, at 38,7941., to meet which there are
assets estimated at 14,9171. net, or about 7s. 3d. in
the pound. Apart from the unsatisfactory result of
the trading, Mr. Dowling has made considerable
losses in private, speculations in lard, houses, and
shares in mining, discount, and other undertakings.
His estate has also been cousiderably prejudiced by
cross bill transactions with Messrs. Churchill, MAC-
minim, and Co., in the same trade, who recently
failed, and whose estate shows very unsatisfactory
results, as well as by the smallness of the dividend
shown in another case in which Mr. Dowling is
a creditor. In reply to a remark that Mr. Dow-
ling must have been aware for a long period that
he was insolvent, the accountant explained that
the loss, which is of recent origin, in the two cases
referred to, accounts fora moiety of the deficiency.
On the let of January, 1857, Mr. Dowling's capi-
tal amounted to 4,0131., and his drawings have
since been 4,5001. The books have been well kept.
It was proposed to pay a composition of Ga. in the
pound, in instalments at two, four, and six months,
the last to be secured, but severel creditors coml.
dared this offer insufficient. It war ultimately
determined to appoint a committee to investigate,
and report to a future meeting. The advisability
of winding up under the arrangement clauses in
bankruptcy was mooted, but the opinion of the
meeting appeared to be in favour of proceedings in
open bankruptcy, iu the event of an acceptable
offer not being made.
The Eastern Counties Railway traffic return
shows this week an increase of 312!. ; the Mid-
land a decrease of 2,3881. ; the Lancashire and
Yorkshire an increase of 1,095 i. ; the Manchester,
Sheffield, and Lincolnshire an increase of 33.!. ; and
the North Eastern s decrease of 8081.

The annual meeting of the shareholders in the
Trust and Loan Company of Upper Canada is con-
vened for the Slat instant, to declare a dividend. _

The half-yearly mettingof the Danube and Black
Sea Railway and Knstendjie Harbour Company is
called for the 31st instant, when a resolution will
be submitted for ' • 35,0001. on mortgage.
Messrs. Baring Bro and Co. announce the
dividend due the Ist June on the Chili= Four-
and-a-Half per Cent. Loan.
Mr. It. P. Harding (of the firm of Harding,
Pullein, and Co.) has been appointed interim
manager of the Professional Life Assurance Com-
pany, in which matter a winding-up order has been
made by the Master of the Rolle.
A telegram, dated Malta, the 16th inst., states
that " the screw steamer Malacca has arrived
here, all well, and proceeds to lay the first section
of the Malta and Alexandria telegraph cable at
once."

The position of the market for American secu-
rities is noticed as follows by Messrs. D. Bull, Son,
and Co. :
There bag been during the last week ► brisk speculative
haulages In AMMII6OIIII @amities, especially ia Virginia Six