The Express.
London, England, 1863-07-01 00:00:00

35 to
36 to 315

SO to 33
33 to 33

posed to re-open them to-day. It will be matter fo
oongratulation, considering the anxiety caused by
the reeent failure of two other banks in the same
locality, if the difficulty can be thus easily
surmounted. The City and County Bank was esta-
blished in 1827, and its fixed note issue ii 22,9641.
It appears that the books of the Herefordshire
Banking Company have been placed in the bands of
Messrs. Coleman and Co., the accountants, for in-
vestigation. A meeting of the creditors will shortly
be convened.

The Brazilian and Portuguese Bank (Limited) is
announced, with a capital of 1,000,0001., in 50,000
shares of AIL each. The board is composed of Mr.
John Knowles, of the firm of Knowles and Foster,
who negotiated the recent Portuguese Loan ;
Mr. William Boren, of W. Bird and Co. ; Mr.
George T. Brooking ; Mr. James M'Grouther,
of M'Grouther, Janvrin, and Co., of Crosby-square
and Rio de Janeiro ; Mr. Frederick Rodewald,
and Mr. Arthur B. White. The brokers
are Messrs. Hichens, Harrison, and Co., and
Messrs. Mullen., Marshall, and Daniell. Attention
is drawn to the high value of money in Brazil,
as indicating that there is still an am le field for
the profitable employment of capital. The under-
taking is described as constituted " with the
support of parties possessing large local interests in
Brazil and Portugal" The general control is to
vest with the board in London, but arrangements
have been made for the appointment of a number
of gentlemen of commercial standing to act as a
local board in Rio de Janeiro. It is mentioned
that application having been made that a consider-
able portion of the share capital may be reserved
for Portugal and Brazil, the directors have decided
to limit the issue of shares in this country for the
present to 35,000.
Another new undertaking is the Ripbmond-hill
Hotel Company (Limited), which is formed with a
board comprising the Earl of Sefton, and several
other gentlemen of position. A very eligible site
has been secured, in close proximity to the Star
and Garter Hotel, at the moderate cost of 7,5001.
It comprises about three acres, and possesses
beautifully laid out grounds. The hotel is to con-
' taro more than 100 bedrooms. It is affirmed that
large fortunes have been realised by the proprietors
and lessees of hotels in the immediate vicinity.
The capital proposed is 100,0001., in 10,000 shares
of 104 each, but as the whole of this sum is not
expected to be required, the first issue is limited
to 5,000 shares. Five per cent. interest is to be
allowed on the paid up capital until the hotel is
opened.
The directors of the London and South Western
Bank will commence business to-morrow at their
head offices, 27, Regent-street
The half-yearly meeting of the North British Aus-
traksian Company (Limited) is convened for the
14th of July.

TUMMY EVIIIING.

Consols,which closed yeaterdayrtijii, "sellers,"
ex div., for the 9th of July, were first marked to-
day 921, and closed at 921 to 1. For money the
last price was 92 to 1. The official business report
is as follows : Three pee Cent. Consols for
money, 921, 92, ex div. ; ditto for account, 921, ex
div. ; Three per Cents. Reduced, 911 92, 911,
92 ; New Three per Cents., 911, 92, 914 ; Bank
Stock, 234 • India Five per Cent. Stock 108/,
108; ditto Ronde, 10s., 14e. prem.; ditto ism per
Cent. Debentures, 1804, 100, 1 ; Five per Cent.
"enfaoed" rupee paper, 1081 ; ditto, Five-and-a-
Half per Cent., 115, 1.
The India Five per Cent stock was quoted 108
to 1, ex div., being dull • India Bonds, IN. to 14e.
prtun. ; and Exchequer Rills, 4s. die. to par.
. .

In the foreign stock market, owing to the settle-
ment, the fresh transactions were not numerous,
except in Spanish Certificates, which were in active
demand, and rose I per cent.