The Express.
London, England, 1857-08-10 00:00:00

Turkish Six per Cents. are weaker, being marked.
for the account, 991, 1,1, and 1. Dutch Four per
Cents. have been dealt in at 981 to 99; Peruvian
Four-and-a-Half per Cents., for account, at 401 ;
Portuguese Three per Cents., 1863 at 441 to 45 ; and
Turkish Guaranteed Four per Cents., at 991 ex div.
In the Stock Exchange on Saturday the feature of
absorbing interest was a panic in Great Western Rail-
way stock, consequent upon the official announce-
ment that a dividend at the rate of only 1 per cent.
per annum will be proposed at the meeting on Friday
next. The stock fell no less than 31 per cent.,
making a total depreciation of fully eight per cent.
within a week. It is universally felt that the
system of management under which such ruinous
fluctuations in railway dividends can occur is radi-
cally defective, and calls for immediate remedy.
The entire railway market was more or less preju-
diced by the event.
Of the 342,0001. in gold brought by the Swiftsure,
from Melbourne, 36,000 ounces, or 144,0001., were
on Saturday sent into the Lank. Parcels to the ex-
tent of 50,0001. were purchased for exportation to
the Continent.
The imports of the precious metals last week
were extraordinarily heavy. Our list includes
280,000!. by the Arabia, from New York; 433,8091.
(of which 327,4001. is silver, and 106,4001. gold), by
the Parana, from the West Indies and Mexico ;
B,OOOL, by the Spurn, from St. Petersburg; 8.5,638
oz. of gold, by the Swiftaure, from Melbourne;
16,4001. by the City of Washington, from New York ;
44,8001. (besides 32,2001. destined for Havre), by the
Arago, from the same port ; aud, 3,0871., by the
Sultan, from the Peninsula.
The total value of these arrivals is about
1,130,0001. In addition, the imports of silver direct
into London from the Continent during the last
seven or eight days represent an ascertained total of
about 260,0001.
The Custom-house weekly statement of the ex-1
pots of the precious metals direct from London in-
cludes 73,520 ounces of gold and 2,64 K) ounces of
silver, representing a total value of about 2444,000/.
The gold, which probably consisted in great part of
the supplies brought by the Lightning and Arab:a,
was despatched to Belgium and France. The parti-
culars are as follows, viz.—Gold coin : To Belgium,
1,500 ounces; to Boulogne, 520 ounces. Gold bats:
To Boulogne, 36,500 ounces; to Belgium, 35,000
ounces. Silver coin To Boulogne 2,600 ounces.
The shipments of specie by the steamer Med-
way, which will leave Southampton to-day for the
Brazils, amount to 61,2501., all in gold, except 6.501.
,in silver. The Euxine has taken out 61,14 W. in
specie for the l'eninsula.
The ascertained shipments of the week, as officially
reported, arc thus raised to about 306,0001. The pri-
vate remittances of gold to the Continent have com-
, prised, in addition, nearly the whole of the specie ex
the Arabia, City of Wasciington, Arago, and Light-
ning (which last-named vessel arrived last week.),
and a portion of that by the Swiftsure, as above
stated. A moderate addition has been made this
week, however, to the Bank's stock of gold.
It is announced to-day that the East India Com-
pany have ordered the undermentioned Nt ',sells to
be surveyed, previous to accepting them for the
conveyance of troops to India, viz.:—The steamers
Khersouem:, City of Manchester, Bombay Castle,
and Queen of the South ; and the ships iVaterlao,
Scdgmoor, Lightning, Southampton, and Minutia.
Fresh notices have been issued by the East India
Company inviting tenders, to be received on the
11th instant, for the conveyance (by screw steamers
of 1,000 tens register and upwards, or by clipper
sailing vessels either of 800 tons register and up-
wards 0.m., or 1,000 tons register and upwards
n.m.) of troops of her Majesty's service from
England to Bombay and Kurrachee ;" also for
the conveyance of troops of her Majesty's service, by
skips of the above-mentioned registered tonnage,
"from England to India," the vessels to call at Cey-
lon on their way for orders. The whole of the men
are to be embarked not later than the 25th instant.
Tenders in each case are to state the rate required
per head for the passage, diet, and accommodation
of the men for the whole voyage.
The amount of bills drawn by the East India
Company on their respective presidencies, from the
27th ult. to the Bth inst. (Saturday), is as follows.
The smallness of the amount is occasioned by the
recent rise in the Company's rate of exchanze
Rate of Exchange.
Bengal, 13,1621. fla. 811 2..
hladras, 6,58IIf.1f. Ifs. id. f per "'l')
Bombay, D iL 28.11 d. per ditto.

Total. 18.751 t. 3i. 3d.
In addition to those previously enumerated. the
following half-yearlyrailway dividends were officially
announced last week—viz.:
Stockton and Darlington.-51. per 1001. stork, or at the
rate of 10 per cent. per annum. The dividend for the cor-
responding half-year wits at the rate of 9 per cent. per
annum. . . .

tilater.-11. 10f. per 501. flume. or at the rate of G per
ent. per annum ; carrying over 3,011/. to the referred had.
A special general meeting of shareholders of the
lank of Egypt is culled for the 25th instant, when a
lividend is to be declared.
The adjourned half-yearly meeting of the Phcenix
as Company is to be held on the 19th inst., when
L dividend is to be declared.

The following half-yearle railway meetings are
newly announced, viz. :—Eaat Anglian Railway
Company for the 4th of September ; Wimbledon and
Dorking Railway Company for the 24th inst. ; Wim-
bledon and Croydon Railway Company for the 28th
inst. ; Epsom and Leatherhead Railway Company
for the 24th inst.

The hest call of 2/. per share, making V. paid, is
to be paid on the capital stock shares in the New
Brunswick and Canada Railway end Land Company
by the Ist of September.
With reference to the silk market, Messrs. Durant
and Co. report as follows :
We have had a dragging disappointing month in silk. In
Chins silk so small are the stocks in tho hands of consumers
that they have been from time to time obliged to come into
the market, thus giving 6,4 to hopes of a return to general
currency of buainesa, but hitherto without such result. In
the mean time holders have been anxious to be doing, and
have not been very stringent in their prices except iur the
letter chime', of which the supply is very moderate. The
deliveries are good, the increased prices dt mended for the new
Italian silk almost precluding the possibility of our manatee•
hirers using say but Asiatic silk. In Bengal silk the pa-
Hon remaiwi unchanged ; no deniard fur any but the finest
sixes, and fur these only to a moderate extent. In Italian
silk some few bales of new silk have made their eppeaninoe,
but the ptioes asked are 2s. to 30. above previous rotas, which
were already such as to prevent all chance of business. In
Bruns and 'Persian silk, nothing.

SATURDAY ERRING.

The funds to-day were rather flatter, especially to.
wards the close of business. and a reduction of per
cent. was finally established. This movement is
chiefly occasioned by the evidence afforded in the
Bank return of the severity of the pressure upon
that institution last week. To-day, however, a con-
siderable amount of gold was sent into the Bank.
Tho statement that the diplomatic embroilment at
Constantinople has come to a crisis, and that the
representatives of France, Prussia, Sardinia, and
Russia have pulled down their flags, excited tome
attention. _ .

Consols, which stood at 4 o'clock TeEterday at 901
for the 9th Sept., were quoted during the greater
part of this day 90 to and had receded at the
close of the Stock Exchange to 90 11-16 to 13-16,
OT exactly 90f. For money the last price was 901
to Z. The official business report is as follows:
Three per Cent. Consols, for money, 90/, I, a ;
ditto, for account, 9th Sept, 901, 901. Three