The Express.
London, England, 1862-12-03 00:00:00

REGENT'S CANAL COMPANY.

.-(THIS DAY.)

The half-yearly meeting of proprietors in this
company was held this day at the Aloe, City-road-basin,
City-road ; Mr. PARKER in the chatr.
Mr. SNEE (the Secretary) read the report of the com-
mittee, which stated that the traffic for the half-year end-
ing the 30th September amounted to 734,360 tons, and the
gross amount of tolls to 29.514/. Os. 911, the net profit in
the half-year being 17,1971. 18a. 40., making, with the
surplus balance, 21. 16a. 41, from last account, an
amount of 17,2001. 14s. llid. to credit of profit and loss.
After transferring to the reserve fund the sum
of 859/. 17a. 11d. (leas 5 per cent. on the net
profit), there remains for dividend 12a, per share,
free of income tax, leaving a surplus of 1301. Is. Odd. towards
the next dividend. This dividend will become payable on
the sth of January next. A swimming bath has been con-
structed by the company at Acton.lock, at •cost of 1971. 65.,
yielding a good per centage on the outlay. With a view
to lessen the expense in the occasional supply of water for
the navigation of the canal a well has been sunk near the
head of the Brent Reservoir, at a coat of 945/. 12s. 3d. A
good supply of water for the navigation is now stored in
the company's reservoir..
On the motion of the CHAIRMAN, seconded by Colonel
Wrtsoe, the report was adopted and a dividend of 12s. per
share declared. _ _ _ _ _ _

Some other routine business having been transacted, the
meeting concluded with a vote of thanks to the chairman.

MR. COBDEN, M.P., ON CO-OPER ATION.—At
meeting of the Prestwich 00-operative Society. held last
evening, the following letter was read from Mr. Cobden,
M.P., addressed to the chairman, Mr. Henry Pitman :
"Midhurst, Nov. 29, 1854.—llear Sir,—lt is not in my
power to accept your invitation to be present at the meeting
of the Prestwich Co-operative Society ; but I will not omit
the opportunity of marring you of my unabated interest in the
movement. lam delighted to hear that the distress in which
the industry of the cotton district. is unhappily.involved ham
not yet had the effect of closing one of the co-operative
stores ; and I earnestly hope they may all be enabled to
ride out the storm. But they cannot expect to escape from
a share of the loss and 'offering which must be the
common fete of all classes in Lancashire ; and I think I can
perceive the salutary influence of your movement in the
calm and reasonable demeanour of the population
during this trying season of advereity, which may be
largely attributable to the fact that numbers of the work-
ing clam have, by co-operatioe, been added to the ranks of
capitalist., and have thus become participators in both the
benefits and the reverses to which the possessors of property
are liable. This, I have reason to know, is the view of the
largest and most intelligent capitalists in your district,
among whom I believe the co-operative effort has now
scarcely an opponent, whilst many of them are its warmest
friends. Sincerely wishing that the horizon may soon clear,
so that the sun of prosperity may again shine on your efforts,
I roman, truly youra,t RICHARD COBDEN. Henry Pitman,
Fag." Sympathetic letters had also been received from Mr.
Bright, M.P., the Mayor of Manchester, am.
THE BIRMINGHAM CATTLE SHOW.—Yesterday
being the first of the shilling days, the cattle show was
very numerously attended. The amount taken on Monday,
when the charge for admission was Is., was 1971. 2s. 64..
The demand for tickets for the industrial classes, which
are sold in packets of twenty, at Me. each, is of the most
satisfactory character. The dog show continues to attract
s large concourse of spectators. On Monday twontyane
dogs wale meld, realising in the aggrepte 2114

MONEY MARKET.--(THIS DAY.)

Two o'Owoz.

The funds remain flat. Consols are quoted about
1-18 per cent lower than they closed yesterday.
To-morrow, being the monthly settling day, the
adjustment of the account forms the chief buai-
nese. The other markets are quiet. English
railway stocks are firob with a slight improve-
anent in one or two cams. The inquiries for foreign
securities have been lees numerous than of late.

At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentes were quoted
70fr. 90c., being fully * per cent. better than yes-
terday.

Consols are now quoted 921-16 to 3-16 ex div.,
or 92k, both for money and to-morrow's settle-
ment, and 921 to 1 for the Bth of January.
The official business report is as follows
Three per Cent. Console, for money,
92k, k ; Three per Cents. Reduced, 92, ; New
Three per Cents., 92, / ; Thirty Years Anna.,
1886, 151 ; India Five per Cent. Stock, 107 k, k,
ex div.; ditto, for account, 1071, ex div. ; ditto
Four per Cent. Debentures, 1863, 1001 ; Exchequer
Bills, June, 145., 10s. prem.; ditto, March, 118.,
10s. prem.

Foreign bonds, including New Granada, Italian,
Spanish Passive, and Venezuelan scrip, are
dull. The Turkish Loan of 1854 is quoted
834 to 844 ; that 4 11858, 704 to 711;
the scrip of 1862, 24 to prem. ; ditto
paid up, roi to 71, heft more inquired for ; the
Conaolidia, 384 to 1 ;61Venezuelan Scrip, 21 to
2 dia. ; Portuguese • Scrip, si to 14 prem. ;
and Peruvian Scrip, 21 to 14 dis. Trans-
actions are recorded as follows : Buenos
Ayres, for accoun4 924 ; ditto Deferred, 38 ;
Greek, 161, 4 ; Italian, for account, vg,
I ; ditto Maremmena Railway, 721, 3 ; Mexican,
for account, 33 ; New Granada Land Warrants, 41 ;
ditto ex overdue Coupons and Hectare*, 124 ;
Peruvian, paid in full, 901 ; Portuguese, 1862,
471; ditto scrip,3l prem. ; Russian, 961,
' ditto paid up scrip, 934 ; Spanish Passive, 231;
24, 234 ; ditto Certificates, 91 ; Turkish, 1854,
834 ; ditto, for account, 84 ; ditto 1858, 71 ; ditto
1862, scrip, 24 prem. ; ditto paid up, 701, 71;
ditto Guaranteed, 103 ; Venezuela scrip, 24 dis.

The new bonds of the Atlantic and Great Western
Railway have been dealt in to-day at 1 prem., and
the old at 73.

The steamer Ripon will take to-morrow 264,1141.
in specie for the East, of which 35,7061. is gold and
the rest silver. The amount for India in 128,4801.;
for China, 75,8841. ; for the Straits, 33,475/. ; for
Alexandria, 21,276/. ; and for Ceylon, 5,0001.

Form o'Clocw.
Consols are steady, at 92} to I, ex div., both for
money and to-morrow's settlement, and 92} to 1,
ex div., for the January account.
A good amount of discount business was done
yesterday at the Bank of England, but it appears to
have been of a somewhat exceptional character.
The rate for good paper in the general market
remains at n per cent.
The ship Adelina has arrived at Falmouth from
Matamoras (Mexico), with 40,0001. in specie.
Very little alteration occurred yesterday after-
noon in the for exchanges, but the tendency
was firm, bills on several places being more offered.
Subjoined is our usual list :
Amsterdam, 3 months, 11.164 to ditto, 3 days,
ILI4 to 4 ; Rotterdam, 3 mouths, 1L164 to 17 ; Ant-
werp, 3 mouths, 25.40 to 5 ; Hamburg, ma banoo, three
months, 13.64 to 7 ; Paris, 3 days, 25.15 to 224 ; ditto,
3 months, 25.40 to 5 ; Frankforteon-the-Maine, 3 months,
1184 to 1194 ; Petersburg (per rouble), 3 months, 34f to 35 ;
Vienna, el. So., 3 months, 12.40 to 50 ; Trieste, eff. do.;
3 months, 12.40 to 50 ; Madrid, 3 months, 491 to 4 ; Haas,
3 months, 49 to ; Leghorn, 3 mouths, 2-5.521 to 74
•
Genoa, 3 mouths, 25.524 to 74 ; Milan, 3 months, 25.52 f
to 74 ; Naples, 3 months, 394 to 4 ; Palermo, 3 months,
119} to 4 ; Messina, 3 months, 1194 to 4 ; Lisbon, 90 days,
524 to f ; Oporto, 90 days, 524 to 1.
It is proposed to hold a public meeting at the
London Tavern on Wednesday next, the 10th Dec.,
for the purpose of expressing sympathy with the
efforts which are being made by the Greek people to
regenerate their country and to establish a firm
constitution. Mr. R. W. Crawford, M.P., will
preside.

The following circular ban been issued to the
shareholders in the Bank of Queensland :
26, Old Broad-street, B.C.
The directors of the Bank of Queensland have pleasure In
oommunicating to the shareholders, that the impediments
which delayed the early program of the bank have been suc-
cessfully overcome. A gentleman of high character and
great banking experience, Mr. Alexander Anderson, at pre-
sent chief manager of the Chartered Mercantile Bank of
India, London, and China, has been appointed the manager
for Queensland, and will leave for the colony by the January
mail. The present paid•up capital of the bank has been, in
the meantime, securely invested at an average rate of 3i to
4 per cent. per annum. The colony of Queensland
is rapidly increasing in wealth and population,
and presents a safe cud profitable outlet for British capital.
The large demand of 10,0001. claimed under the articles of
association for promotion money and preliminary expenses,
has been reduced to 4,0001., which includes some neoeesery
payments made by the promoter, amounting to about
1,5001. The directors believe that they have succeeded in
reducing the expenses of the formation of this bank mach
below the ordinary cost of such undertakings, and that by
careful management the company will, in due time, acquire
a eteadily increasing and profitable business. Commodious
and well situated bank premises have been taken at No.
26, Old Broad•street. The numerous and wealthy proprie-
tary of the bank may, by their personal influence and exer-
tion, materially assist in the formation and extension of the
business of the bank, both in this country end the colony,
and the directors treat that the shareholders will not fan
to render their assistance in this way when opportunities
offer. The certificates of shares are ready, and may be bad
ou application in exchange for the banker's receipts and
letter of allotment.
London, November 29, 1862.
-

At an extraordinary meeting yesterday of the
Electric and International Telegraph Company, a
resolution was passed authorising the directors to
convert the 7,199 new shares, issued under the
resolution passed at the meeting in October, 1857,
into general capital stock.
At a meeting of the shareholders of the British
Guarantee Association on Monday, the agreement
to transfer the business of the Association to the
European Assurance Society was unanimously con-
firmed. _ _

The directors of the Great Ship Company are
now inviting applications, in any amounts, for a
loan of 100,0001., at 10 per oant. interest, repayable
in three years, and forming a first mortgage on the
Great Eastern.

Subjoined are the present quotations of insur-
ance, gas, dock, and other shares, as given in the
Stock Exchange list of last evening :

Insuranoe.—Alliance British and Foreign, 144, 14 ; Atlas,
11 ; Commercial UOlOO, 5, ; Crown, 244 ; Eagle. 64 •
Guardian, 511 ; Imperial Fire, 346 ; Law Fire, ;
and General Life. 74 ; Marine, 95 Omen Meri"4l4o
Phomiz, 143 ex ; San Fire, 205 ; Universal
Marine, 34, 4.
Gas Light and Coke.—City of London (B), 74, 4; Corn.
merest. 44 • European, 15 ; Imperial (New), 720 ;
perial Continental, 65, 4,5; Phoraix 994; Ratdiß. 27 ;
Surrey Grammars, 164 ex die. ; United General, 32; West-
minster Chartered, New, 424, 2; Western, 18 ex div.
Docks.—Evet and West India, 137; London, 614, 2 ;
Southampton, 644 ; Victoria, 101.
Cloak—Birmingham (Guaranteed 41. per cent. London
and North Western), 931 ; Regent's (or London), 24
Waterworks.—Berlin, 64 ; East London, 127 ex new.

TI UDAT EMIrING.

Consols, which closed yesterday at 921 to f
ex div. for the 4th December, opened this morning
at the same quotation, and dosed at 921 to 1, both
for money and next Thursday. For the Bth Jan.,
the last price was 921 to f ; the " continuation"
being to 3-16 per cent. The official business
report is as follows:—Three per Cent. Consols, for
money, 921, t, ex div. ; ditto, for account, 92t,
ex div. ; Three per Cents. Reduced, 921, 1, 92 ;
New Three per Cents., 921, 1, 92 ; India Five per
Cent. Stock, 107/, t,l, ex dm. ; ditto for account,
1071, ex div. ; ditto Four per Cent. Debentures,
1001, 1, j ; ditto Bonds, Us. prem. ; Five per
Cent. " enfased" rupee paper, 105 ; ditto Five-and-
a-Ralf per Cent., 1121.

MINEB.-(THIS DAYJ

Two es'Oxinos.
There is still an absence of activity in the mining
market. East Caradon shares are rather flatter,
at 344 to 35. North Crofty are quoted 4t
to ; Tincroft, 131 to 14 ; and Market
Valley, 81 to 9. Greet South Tolgus shares
have changed hands in the Stock Exchange, at 6f ;
Marks Valley, at 81, and 9 ; and Wheal Lud-
cott, at 91.
St. John del Rey Mining shares are rather lower,
having been dealt in at 60}. Montea Aureos are
also officially marked prem. ; Port Phillip,
prem. ; and Scottish Australian, 1 pram.
The directors of the St. John del Rey Mining
Company (Limited) have received the following
report, dated Morro Velho, October :—Produce 10
days of October, 2nd division, 11.460 oitaras.
Yield, 6.427 Waves per tow.