The Express.
London, England, 1864-02-26 00:00:00

BLITISII KIN

No. 18h. I

MAW.

I Pd. 10. rides

75,000 2 Qunbrian Ooi. Gold, 1,, 1 1 4as
two .. .Ctiivertou 2 134 :41
2,900 .. Clifford Awl. 654 Me
1,014 .. Der. 0. Coo. ‘Tavistk.); 1 670 990
12.800 .. Drakewalls
512 . East Baaest fllopii:
6,144 .. .F. 66 Cared=
6,000 .. 'East Caro Brea
4,000 .. B. W. Rowell Cravisilt ) 91.13.. 44 44
496 .. Grumbler & 64. Aublit. ble 10 11
6,000 .. Great /loath Ulnae
6,908 .. G. W. Vor ,ilelatoo 4O 22 96
6,000 .. Granville
1,024 .. Herod's root
6,000 .. Kingston Downe 4418904 4 44
6,000 .. Lady Bertha 2.12.0 4
896 .. Margaret 'Gay talent, 94 17 19
9,009 .. Marks Valley
10,000 4 Mwyndy Iron Ore
1,014 .. iNangelea
400 .. New Seen
6,000 .. North Down.
... _... .24 94

-700' .. North Rooker
6.000 .. N. Wh. Boma Miasmal, 3.6.0
6,640 North Wheel Crotty
6000 .. Prosper United 7.1.6 q 7j
1,120 .. Providence U. Leisnt 10.6.7 , 66 46
700• .. Rashest Noveth . 11.101.
611 . & Carsdon St. dicer 11 440 400
696 .. S. W. Trances 411opur 16169 66 06
660 .. Stray Park 66 17.6 NI $1
4060 .. Tin ,

Bales.

1,000 .. West Basset (Meow lO 11 12'
1,024. .. W. Carsdoa 'Llskeerd; 5 ' 21 M
6,000: West nth-erten
400 West %too
lit Wh. Basset inlottaa) : lok Pli
256 Wb. Buller ,ihidmth) lO I Si 38
4,850 .. Wheal Lodeo44 • &&8 14 3
1,024 W.MaryAnn(Menhen ) 8 13i 144
806 .. Wheal MeSon 684 275 :85 WI
1,000 Wk. Trelahney 11021 7
6,000 .. Wheal %Idea

Na I Ni. I

1111,110 I
20,000 9?

IN

32 34 3

zd

Should the fall in the value of money in this
market be attended with a revival of the at present
dormant demand in gold for exportation, it will
then be time enough for the directors of the Bank
of England to consider of the requisite correctives.
At present, however, the general position of the
exchanges, both with near and distant countries, is
satisfactory.
The last alteration in the Bank rate was made
on the 11th instant, when a reduction from 8 to
7 per cent. was announced. The coin and
bullion were then 13,472,2711., and are now
13,819,4121.—a difference of 347,1411. ; while the
CI Lim
advance in the reserve of notes and coin is 834,1461.
IN I prices. I
—viz., from 7,960,351 f. to 8,794,497 f.

The joint stock banks have reduced their
rate for money on deposit from 5 to 44 per cent.
The discount establishments now allow 44 per
cent. (instead of 5) for money atcall, and 5 (instead
of 54) at seven days' notice.
The amount of gold purchased by the Bank yester-
day was 31,000/. The reduction in the rate of dis-
count has not yet caused any revival in the demand
for gold for exportation, but the minimum of the
Bank of France is now 1 per oent above that of
the Bank of England.

The Edinburgh, from New York, is bringing
about 106,000/. in specie.
The amount of Government Bills on India for
which tenders will be received at the Bank of
England on the 2nd March is rupees 40.00.000
(400,000(.)
An advertisement has appeared from the direc-
tors of the National Bank, calling two special
general meetings of their shareholders, to sanction
the issue of 20,000 new shares, at a premium of
251. per share, to be in the first instance offered to
existing shareholders at that prim (which would
carry 500,0001. to the reserve fund of the bank),
and to sanction the issue at 30/. premium per share
of those shares declined by the shareholders, the
additional 5/. to be paid over to the shareholders
who decline to take up their new shares. 51. per
share deposit on account of capital, in addition to
the 231. premium, will be required ou issuing the
new shares, and further calls of 51. will be made at
intervals to be hereafter fixed, of not less, however,
than three months, as the extension of the business
requires.
We are informed that Mr. T. Fraser Sandeman
has this day been appointed manager of the Impe-
rial Financial Company (Limited).
The North Eastern Railway traffic return shows
this week an increase of 3,0631. over last year ;
the Manchester, Sheffield, and Lincolnshire, an
increase of 2,015/. ; the Lancashire sum! Yorkshire,
an increase of 3,6201.; and the Midland, an increase
of 3,355/.
At the meeting yesterday of the Oriental and
General Marine Insurance Company, the recom-
mendation of the directors that interest should be
paid on the capital at the rate of 5 per cent was
agreed to.
The twenty-eighth annual report of the Liver-
pool and London Fire and Life Insurance Com-
pany, presented at the meeting held yesterday in
Liverpool, stated that during the past year the fire
premiums were 522,1021. Is. 9d., whilst those of
1862 were 436,065/. 9s. Ild. ; the increase iu the
year is therefore 86,036/. Ili. 101 The losses paid
and provided for have been 298,9181. 9s. Od. In
Use life department 768 policies were issued, in-
suring 443,400/., and producing iu premium
14,7241. 6s. 1.1. The total receipts from this source
were 143,9401. 13s. Od., and 10,580/. 13s. 2J. were
paid in claims under policies and the bonuses that
had accrued thereon. The profit and loss account
shows abalanee of 287,133/. 17s. &L Of this amount
the directors divide the sum of 76,5001. 165., which
will yield a dividend for the year of 40 per cent.,
free of income tax ; 10 per cent•haii already been
distributed, and the warrants for the remaining
30 per cent. will Unissued immediately, payable on
the sth proximo. The balance of undivided profit
will then be 210,6331. la. dd. The invested funds
of the company will by the result of the year's
operations be increased to 1,566,434!. 4.. 3.1. No
portion of the business of the Globe office is
included in this statement, the bill for confirming
the amalgamation being before parlisineut.
A call of 21. 10s. is to be paid on the shares of
the Buenos Ayres Great Southern Railway Com-
pany by the 25th June.
A call of 21. is to be paid on the Preference 5 per
cent shares of the Great Luxembourg Company
by the Ist of ApriL
The half-yearly meeting of the Ottoman Railway
Company is called for the 30th of Mareb.
A general meeting of the Ottoman GAS Company
(Limited) is convened for the 4th March.

With reference to the market for American secs-
Titles Mr. E. F. Satterthwaite reports as follows :
Since our Let there has been considerable activity is the
market in London for American securities, mid some large
transactioss base takes place. Virginia Six per Cents. hams
bees taken freely from 30 up to 34, and Federal Bonds, per-
tlealarly the Six per Coot. Bonds of 11462. known as 5.50'5,
have been taken in large Boas up to 631. 'Stook shares
have tonehed ltd dice ; they have bees largely purchased in
anticipation of the annual report. which is expected to show
very favourable results ; they elate about 20 dia. with little
stock offering. Atlantic and Great Western Bonds (Penn.