The Express.
London, England, 1863-06-19 00:00:00

SCINDE RAILWAY COMPANY.-(THIS DAY.)

At an extraordinary meeting of the proprietors
held this afternoon at the London Tavern, Mr. W. P. AN-
DRIC/ in the chair, resolutions were passed authorising the
raising of 350.000/. additional capital, by the issue of 17,500
shares of 201. each, for the completion of the Mode
Railway, which capital, in accordance with the con-
tract, was guaranteed 5 per cent interest by the Secretary
of State for India in Council, empowering the directors
to raise in addition 150,0001. for the purposes of the Scinde
Railway, by the issue of inconvertible bonds or deben-
tures, payable in five or seven years, for which there was
a guarantee from the government of 41 per cent., and au-
thorising the raising of 500,0001. additional capital by the
issue of inconvertible bonds or debentures, payable, in five
or seven years, on account of the Ponjaub Railway in re-
spect of which there was also a government guarantee of 41
per mat.
In reply to questions,
The Cameras stated that of the amount proposed to be
raised 200,0001. was to pay off money advanced by the
Indian government The new shares in respect of the
Sande Railway would be issued pro rata to the proprietors
' of the Muds Railway, and in the issuing of the debentures
on account of the Purlieu§ Railway, for the whole amount
of which the directors had received applications, a preference
would be given to the holders of shares in that undertaking.
A vote of thanks to the Chairman concluded the pro-

it re 1 I creedinvi.

MONEY MARKET.--(THIS DAY.)

Two o'Cwci.

The changes shown in the Bank return are of a
more favourable character than bad been generally
expected, but have bad no effect on the funds, which
remain at yesterday's closing quotations. Home
railway stocks are generally unaltered, with a
very limited amount of business. In the foreign
stock market there is no revival of the late
demand, but, except in a few instances, prices
have not given way to any material extent this
morning, especially considering the magnitude and
rapidity of the late rise.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentes opened at
68fr. 52c., being about the same as yesterday.
Consols are now quoted 92 to 4, ex div., for money,
and 924 to },ex div., for the account (July 9). The
official business report is as follows :—Three per
Cent. Consols, for money, 92, ; ditto, for account,
924; Three per Cents. Reduced, 914, ; New Three
per Cents., 911, 4,1; New Two-and-a-Half per Cents.,
764 ; India Five per Cent. Stock, 108/, 108 ; Five-
and-a-Half per Cent " enlaced" rupee paper, 115 ;
Bank Stock for account, 234 ; Exchequer Bills,
March, 2s. die., is. prem ; ditto June, 2s. die.
Greek Bonds have again declined per cent.,
being quoted 38 to 4. Mexican are also rather flat.
Egyptian stocks continue in good demand. The last
Russian Loan and Spanish Certificates are firm, and
Spanish Passive Bonds steady. Turkish Consolid6s
are 5 better, at 51 to 4. The Turkish Loan of 1854
it. unaltered, at 92 to 93 ; that of 1858, at 704 to 71 ;
and that of 1862, at 714 to 72. Venezuela
Six per Cents. are very dull, at 584 t:, 59.
Transactions are recorded as follows :—Chilian
Six per Cents., 1034 ; Egyptian, 1004 ; ditto second'
issue, 1004, 1, 100 ; Greek, for account, 384, #, 38;
ditto ditto Coupons, 181, 4, ; Italian
scrip, 21, prem. ; ditto Maremmana Rail-
way, 81 ; Mexican, for account, 371, 4,
; New Granada, 151 t ditto Deferred, 10 ;1
Portuguese, 1856, 1857, 1859, 1860, and
1862, for account, 494 ; Russian, 1862, 93,
; Spanish New Deferred, for account, 48/ ;
ditto Passive, for acdonnt, 355, 341 ; ditto
Certificates, for account, 124, 3 ; Turkish, 1854,
924 ; ditto, for account, 924 ; ditto, 1858, 71 ; ditto,
for account, 701 ; ditto, 1862, for account, 714, /.
Confederate Loan scrip is rather lower, at 2to
1 die. ; Turkish at to 1 prem. ; and Venezuela
at dis. to prem. Italian is firmer, at 21 to 31
prem.
International Financial shares are steady, at 6/
to 65 prem., and London Financial at 2to 24 prem.
General Credit and Finance are rather lower, at
21 to 21 prem.
The shares of the Egyptian Commercial and
Trading Company are still quoted 24 to 24 prem.
A good deal of attention continues to be directed
to the arrangements and combinations which are
being effected, at this early period of their career,
by the new financial associations, particularly by
the International, and the highly-favourable recep-
tion accorded to the new Euptian Commercial
Company testifies to the continued disposition of
the public to take part in new enterprises. Various
additional projecta,.of an independent nature, are
in course of organisation, and will shortly be
launched.
The Hibernian, from Quebec, has brought 8,0001.
in specie.
The steamer Poonah will take to-morrow
140,2891. in specie, of which 57,0031. is gold and
the rest silver. The following are the particulars,
viz.:—For Aden, gold, 5001. ; Ceylon, gold,
52,0001.; Madras, gold, 2,4431. ; Calcutta, gold,
1,5601. ; Penang, gold, 5001. ; Hong Kong, silver,
22,5631. ; Foo-choo-foo, silver, 1,0001. ; and for
Shanghae, silver, 59,7231.
A petition to the Lord Mayor is in course of sig-
nature in the City, urging his lordship to call and
preside over a public meeting to petition parlia-
ment to promote the restoration of peace in America.
The Lancashire and Yorkshire Railway traffic
return shows this week a decrease of 8,800/. com-
pared with last year (Whitsuu week) ; the Great
Western a decrease of 3,2971.; the Great Northern
an increase of 1,9131. ; the Midland a decrease of
2,454/. ; the North Eastern an increase of 782/. ;
and the Manchester, Sheffield, and Lincolnshire a
decrease of 1,0311.
The receipts of the Great Western Railway of
Canada for the week ending the sth inst. were
10,0451. sterling, being 1,5991. more than in the
corresponding week of last year.
A call of 5/. is to be paid on the shares in the
London and South Western Bank by the 10th July.
The second ordinary general meeting of the
Natal Land and Colonisation Company took place
yesterday, when the directors' report was adopted.
It stated that the result of the first year's operations
allows of the peymentof a dividend of ss. per share,
free of income tax.

- -
At the meeting yesterday of the Oriental Inland
Steam Company the directors' report was adopted,
after a lung discussion. It was finally decided that
another meeting shall be held in August, in order
to allow time fur the return from India of Colonel
Grimes, the Chairman, and Mr. Bourne.
The half-yearly interest on the shares and bonds
of the Italian Irrigation Canal Company is notified
for payment in due course—in the latter instance
by deduction of 3 per cent. from the amount of the
instalment due the Ist July.
The annual meeting of the Peel River Land
Company is convened for the 10th of July.
It is notified that the share certificates of the
General Credit and Finance Company of London
will be ready for delivery in exchange for the
bankers' receipts on Wednesday, the 24th inst.
We are requested to state that the share list of
the Photogenic Gas Company will be closed for
London on the 20th inst., and for the country on
the 22nd.
The return of the Bank of England for the week
ending Wednesday, June 17, compared with that
for the previous week, shows the following
changes : •
Circulation issue
' Circulation active
Public deposits
Other deposits
; Government securities in
I banking department
Othersecurittes m banking
department
Coin and bullion in both
departments 14,850,156 Increase 294,045
Seven day and other bills 521,423 Decrease 44,5e7
The Rest
Notes in reserve
Total reserve (notes &coin
in banking department). 9,366,106 Increase 674,4:35
These changes are more favourable than could
have been anticipated, the increase in the coin and
bullion being 294,036/., and in the reserve 674,436!.
The addition to the latter is caused by the influx of
deposits, but chiefly by the decrease of 489,239/. in
the private securities. These movements will tend
to allay all apprehension respecting the immediate
course of the money market.

£28,612,905 Isamu. £281,295
20,134,050 Deeream 380,400
9,882.135 Uwe's. 99.305
13,904,506 increase 121,243

11,Z51,195 No change.

BANK 07 71NOLAND.—An Ai
sod Bth Vic., C. 71, tor the
17, 1888.

mint poignant to the get Telt
ending on Wegnerhey, lone

ISSLI DIPA
Notes Issued Z25,013,205

%MIXT.
Government debt.. L 11,016,1110
Other securities.... 11,66‘,900
Gold coin and bul-
lion
Sliver bullion

an. 612.106
itian* Dl
Provision' Capita £14,663.000
Bast
Public Depodts (la
eluding )tscasq
Inv. Banks, Com-
mis. of National

£28.612,106

PAWNER.
Government Secu-
rities ;including
Deed Weight An-
nuity)
Other Securities
Notes
Gold and Sliver
Lein

Accts.)
Other Deposits . 13,904.606
Seven day sod other
MIL 621,123 1

L 41.020050 i A 42,010,0611
June 11, 1861. M. =MALL, Chief (Italian.