The Express.
London, England, 1863-10-28 00:00:00

PREFERENCE SRA RES.

Great Northern, 44 per cent, redeem. at 10 per cent.
premium, 106.
Grmt Western, Original. Preference 4i per cent, 1004.
London. Chatham, and Dover, 5 per mot. pref., not.
South Bute= (Reading Annuities, 11. Os. 601.), 24.

ROYAL MAIL SPEAR( PACKET COMPANY.
(THIS DAY.)

- .
The half-yearly meeting of the proprietors was
held, at 1 o'clock, at the London Tavern ; Captain
ii.ANOLLB in the chair. _ _

The report, which bad previously appeared in the
E.rpreas, having been taken as road,
The CHAIIM.III, in movie' the adoption of the
report, said the eativfactory state of the comers
relieved him of the task of making any length-
sled observations. They had not to deplore the
loss deny of their ships, sod the accounts showed great
snoods in the opesittiona of the last half year. He then
entered into a minute examination of the report and ac-
counts. Although. he said, there was a falling off in the
passenger traffic of 11,0001. as compared with the
correspoodiog half of last year, when the Great
Exhibition wee open. there was on the whole an
cams, of 8,0001. in the working account. The directors had
taken steps for increasing the popularity of the ships ; and
he believed that object would be secured, sod that saj, of
the shareholders who might travel in the ships would be
enabled to report ao improvement in the ar-
rangements for passengers. With respect to the re-
pairs, he observed that the Trent by going to the
Havannah to copper oat about 3,000/.—a much larger
amount than would have been spent had she gone to St.
Thomas. A company was, he was happy tory, being formed
for the establishment of a repairing dock at the latterialend,
and he trusted it would be successful,as they had • deep interest
in the matter. This project was, io his opinion.welldrdr,ing
of the support of the shareholders. As regarded the four
veinal which were being built for the new contract, he re-
marked that they consisted of • 'crew of 2,400 tone. of 5C3
horse-power ; a paddle-wheel, of 1,420 tons, of 300-horse
power ; a screw, of 2,434 tons, of 300-bone power; and a
paddle-wheel of 1,670 tons. of 400-horse power. These
ships would cod together 290,0001., and would replace the
Clyde, the Teviot. the Thames, and the Treat, which stood
in the books at only 29.7601. He concluded by expressing
confidence that the dividend and boons vecommeoded by
the board were fully justified by the accounts and by the
drcumatencen in which the company was pieced.
1)r. BLAME expressed a hope that • 6 per cent. dividend
would be maiotained._

A SHAREHOLDER thought that the officials of the mai-
ptop ought to beoefit in some degree by its iucresaed pros-
perity.
The egAtiorsN, is replying, observed that the company
paid half the premium of the insurances of its servants on
shore and me-tbinl of the premiums of thole afloat. He
declined to express toy opinion with regard to future divi-
dends. _

- The rrport was then adopted, and the proceediap termi-
nated with s vote of thanks to the director&

SAMDBZ AND NEUSS It4ILWAY.-(THIS DAY.)

This afternoon the thirty-sixth half-yearly ge.
nerd meeting of the shareboldeis of this railway was bald
at their office., Moorµte•etreet ; Mr. G. tiateeita is the
chair.

—The report, which has already bees published, having
been taken as read,
. . .

The CHAIRMAN 'said the shareholdrm would see by the
report that althotillt they bad sot considerably factored
she receipts they had carried a considerable quantity more
goode—T2 per omit. Had the ordinary rates prevailed, in-
stead of • dividend of 3x. which they now proposed the divi-
dend would have been ss. or 65.. but in consequeoce
of the reduction of rates by the Belgian government they
had been obliged to lower theirs in proportine. The tariff
of this company had been • very high tai iff —as high as
0. 4 and 11. • mile ; but the Belgian goverumout had re-
duced the rates for heavy traffic to about a halfpenny a ton
• mile, and a portion of their traffic to even lees. The di-
✓eeton of this company had beam obliged to tall into the
same practice, and be need not tell them that with • large
competition at each end they could not help them.
selves, for if they had not reduced the rates they
would have had no traffic at all. The gross re-
ceipt, were nearly equal to what they were before,
and the further increase which they might expect would
tend to the renter profit of the company. They had
that day had a letter from the manager, io which be stated
that he bad had ao offer of additional traffic to the extent
of 150 tons • day. It was at the reduced rate, but
it would be carried in carriages which now re-
tained empty, and the gross reveoue from it would
be 4.0( Si. a year. The working expellees had been °mai-
derably decreased, and the new manager, Mr. klacksoxie,
had mist monthly aomunta, from which it appeared that an
economy of near 4C31. had bees effected in three mouths.
They heel wound up the coal trade. The traffic had
amounted to 73,11201., and the total he. to 16,9041.,
of which they had written off before 9,1571., and 7.7461.
had been written off this half-year, the whde of which had
been done out of the profits. He mixed that the report
be received sad adopted.
In answer to a question,
The Cuataman said they bad &dallied • judgment for
4,00 W. against the Cbimay Company, and bad offered to
take payment by instalments. He believed that the did--
deeds of this company would Dow improve, sot quickly, bet
gradually.
The motion wag agreed to, as was likewise oms approving
of the dividend of 3s. • slime.

A vote of Unwire to the Chairman concluded the pro-
ceedings.

MONEY MARKET.-(THIS DAY.)

Two o'Cwor.

The funds remain perfectly stationary in price,
as they have been for some time past. The chief
businesa in the Stock Exchange to-day has consisted
of preparations for Friday's settlement in
shares and foreign stocks. English railway
stocks are dull, and the more speculative kinds of
foreign securities, such as Greek and Spanish
Passive, are lower, being prejudiced by the cir.
cumstance that the rates of " continuation" are
again rather onerous.

At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Renter opened at
67fr. 05c., being sc. lower than yesterday.
Consols are now quoted 93 to *for money,and93l
to for the account (Nov. 5). The official business
report is as follows :-Tbree per Cent. Consols, for
money, 931, 1, 93, ; ditto, for account, 931; Three
per Cent.. Reduced, 911, 2, f ; New Three per
Ceuta, 911, f, If, ; New Two.and-a-Half per
Ceuta., 76/ ; India Stock, 226 ; ditto Five per
Cent. Stock, 1091, 1, 1 ; ditto Four per Cent.,
101, 1002 ; ditto Four per Cent. Debentures, 1864
or 1866, 100*; Five per Cent. " enfaced" rupee
paper, 1071; ditto Elve-and-a-Half per Cent., 1061;
and Exchequer Bills, L. dia, 2s. prem.
Greek Bonds, after repeated fluctuationsP are
now quoted 301 to I, being I worse than yesterday.
Spanish Passive Bonds have also declined,
being last marked 35 for money and 352 for
the new account (November 17). Mexican
Bonds are dull. at 412 to 42 ; and Turkish Con-
solides lower, at 523 to 53. Anglo-Turkish
Bonds are steady, the 1854 at 92 to 93, the
1858 at 701 to 1, and the 1862 at 71 to f.
There is a reduction in Venezuela Bonds of 1862.
Transactions are recorded as follows :-Brazilian,
1852, 1838, 1860, 911 ; Egyptian, second
issue, 1011 ; Greek, 301, f, 1; ditto Coupons,
141; Italian (Maremmaua Railway), 802 ; Mexican,
411, 42 ; do. for account, 421 ; New Granada, 311 ;
Portuguese, 1856, 1857, 1859, 1860, and 1862, 491;
Russian, 1862, 93, 1 ; Spanish, 542, ; do. Passive,
351, 1, f, 35 ; ditto for account, 351; ditto,
Certificates, 131; Turkish, 1834, 921 ; ditto,
1858, 701 ; ditto, 1862, 711, 1 ; Venezuela,
251 ; ditto, 1802, 61, /, 602.
Brazilian &rip is quoted 2 to 2 prem., and Por-
tuguese, 11 to I prem.

International Financial shares are now quoted
4j to 5 prem. ; General Credit and Finance, 21 to
3 Am.; London Financial, 5k to prem. ;
Hudson's Bay, 1 to Ok dia., being better ; Egyptian
Trading, 11 to 2 prem. ; Privileged Bank of Austria,
k dia. to k prem. ; Anglo-Austrian Bank, par to
k prem. ; Discount Corporation, 8} to 9 prem. ;
Mercantile Credit, 12 to 21 prem.; and Mortgage
Bank of India, 3 to k prem.

The new feature involved in the diversion to the
Continent—probably to the Bank of France—of the
gold now imported does not seem to have attracted
much notice, although it precludes for the present
all expectation of any addition to the stock of
bullion in the Bank of England.
About 12,0001. in gold was withdrawn from the
Bank yesterday for exportation, and 30,000/. was
bought in the market for the same purpose. There
is a good demand for gold for the Continent, and
it is now believed that nearly the whole of the
recent imports from America and Australia will
be sent away.
The foreign exchanges yesterday afternoon were
quoted much the same as on Friday. The rates
were as follows :

Amatordam, 3 months, 11.191 to fl • ditto, S days,
ILI7 to g ; Rotterdam, d moutlamlLl9l.to ; Antwerp,
3 months, 25.55 to 60; Hamburg, ma. bum, three months,
13.64 to g ; Paris,3 days, 25.20 to 27g ; ditto, 3 months.
23.53 to 60 ; Fraoldort-on-the-Mtuto, 3 months, 1194 to
I ; Petersburg (per rouble). 3 mouths, 364 to ; Vienna,
60., 3 months, 11.50 to 55 ; Trieste, atf. f10.,3 months,
11.50 to 55 ; Madrid, 3 months, 481 to ; Cadiz, 3 month,
481 to ; Leghorn, 3 months, 25.65 tie 70 ; nenoa, 3
months, 25.65 to 70 ; Milan, S months, 25.65 to 70;
Naples, 3 months, 23.65 to 70; Palermo, 3 months, 25.65
to 70 ; Messina, 3 months, 25.65 to 70; Lisbon, 90 days,
524 to 53 ; Oporto, 90 days, 524 to 53.

The complaint against the stockbrokers who re-
cently dealt in various speculative foreign secu-
rities for a clerk in a mercantile firm, thus in-
fringing one of the by-laws of the Stock Exchange,
was investigated yesterday by the committee, but nu
result was arrived at, au adjournment being deter-
mined upon.
We are informed that the preliminary arrange.
ments of the Royal Bank of India (an establish-
ment lately started at Bombay) for opening in
London are now completed. The London and
County Bank are the company's London bankers,
and offices in the new East India Chambers,
Leadenhall-street, have been securet:. Mr.
M'Culloch, formerly manager of the Agra and
United Service Bank, at Bombay, is the London
manager.
The receipts of the Great Western Railway of
Canada for the week ending the 16th October were
13,772/., being 1,4911. more than in the correspoud-
ing week of last year.
The applications for the shares of the Mercan-
tile Credit Association up to yesterday reached a
total of about 55,000 shares, the number offered to
the public being only 10,000.

- - - •
Subjoined are the quotations of insurance, gee,
dock, and other shares, as given in the Stock
Exchange list of last evening :
Insurance.—Allimies British and Foreign,lsl, j 4, ex div. ;
Indemnity Marine, 145, 4 ; London, 474, ex div. ; North
British cud Mercantile (Limited), 18 ; Ocean Marine, 16j,
174 ; Buck Life, 74, ex div. ; Thames and Mersey Marioe
(Limited). 6f, ii•
Gaslight and Coke.—City of London, New, 154 ; Crystal
Palace District Preference, 114, f ; Imperial, 854 ; Imperial
Continents% 94 4, 24. 4, 3 ; Malta and Mediterranean
(Limited). 44 ; Phienix, 172, 4 ; Surrey Consumers, 22 ;
United General, 514 ; Westminster Chartered, New, 174%4 ;
Western. B. 84, 9.
Docks.—Esst and West India, 1434; Grand Barmy Docks
sad Canal, 694 ; London, 69, 84.
Waterworks.—Berlin, 91, 4.

TIRSDAT ZMM?.

Consols remain at yesterday's quotations,
93 to for money, and 934 to fur the 6th
November. The official business report is as fol-
lows:—Three per Cent. Consols, for money, 93, 4,
I, 4 ; ditto for account, 934 ; Three per Cents. Re-
duced, 914, ; Nuw Three per Cents., 914, 4, g;
New Two-and-a-Half per Cents., 774 ; Five per
Cents., 106, 109 ; Bank Stock, 2344 ; India Stock,
226; ditto Five per Cent. Stuck, 1094, 4, 1 ; ditto
Four per Cent., 1004 ; ditto Bonds, 225. prem. ;
Five per Cent. " elifitced " rupee paper, 1074.
The India Five and Four per Cent Stocks remain
steady. Exchequer Rills were quoted Is. dis. to
2s. prem.
Business in the foreign stock market was less
active than of late, except as regards Mexican
Ronda, which have fallen 4 per cent. The general
tone of the market was flat.

A rise .1 about 21k per cent. took place to-day in
United States Bonds, and American securities
generally were firmer.
The new issue of Ottoman Railway Six per Cent.
Debentures were quoted 1 to 1} prem.
An advauee of 2/. has taken place to day in the
shares of the Union Bank of Australia. National
Bank of Liverpool and Mercantile and Exchange
Bank sere likewise quoted better, while Brazilian
and Portuguese Bank and Bank of New Zealand
were heavy. There were inquiries for Englidi and
Australian Copper awl the Ceylon Company's
shares. Royal Mail Steam present a further
improvement of 1/. per share, and Londou and St.
Katharine Dock stocks of 1 percent.
International Financial shares closed at 42 to 5
prem. ; General Credit at 21 to 3 prem. ; and
London Financial at 5k to prem. Hudson's
Bay were last quoted 11 to 11 dis., showing in im-
I prevenient of be._ and Egyptian Trading, 11 to 2
' prem. being ss. lower than yesterday.
Ocean Marine alums were last quoted 111 to
121 prem. ; North British and Mercantile, 17/ to

'lBl ; names and Mersey Marine, 44 to tl prem. ;
Commercial Union, 311 to prem. ; Oriental and
General Marine, 1* to 11 prem.; Universal Marine,
par to * prem. ; and London and Provincial Ma-
, rine, par to
Unionrm.
Imperial Privileged Bank of Austria shares
were nominally quoted * die. to prem. ; Angle-
Austrian Bank, par to prem. ; DieCOUnt Corpora-
tion, 81 to 9* prem. ; Land Mortgage Bank of
India, 3to 3* prem. ; Kass London Bank, 2* to 3
prem. ; British Indian Tea, to prem. ; Con-
stantinople and Alexandria Hotels, to 1 prem. ;
and Littlehampton and Hondeur Steam, 4 to
prem.