The Express.
London, England, 1864-03-02 00:00:00

PREFERENCE SHARES.

Goat NartlerniFmi per Oent., redeemable at 5 menet.
prert.lo7l ex div.
Gent Weenies Original Five per Cent. Redeemable
Fret. 102.

MONEY MARKET.--MBIS DAY.)

Two o'Osocz.

The stock markets to-day have been rather list,
owing to unfavourable rumours relative to foreign
politics. The funds, after slightly receding, have
returned to yesterday's closing quotation. Several
of the principal speculative foreign stocks are
rather worse. Home railway securities present
little change.

At Faris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes were quoted
66fr. 70c., being bc. better than yesterday.
Consols are now quoted 91 to 1 for money, and
911 to for the account (March 8). The official
business report is as follows : Three
per Cent. Consols, for money, 911, 91 ;
ditto, for account, 911 ; Three per Cents.
Reduced, 891, 1,1, div. ; New Three per
Cants., 891, 1,1, ; India Five per
Cent. Stock, 1041, 1 ; ditto for account,
1041; Five per Cent. "enticed" rupee paper,
104 ; ditto Bonds, 4s. din.

Foreign stocks are fiat. There is a decline of 1
per cent, in Mexican and Spanish Passive, in
Turkish Bonds of 1868, and in the Con-
solidi*. Some of the present quotations are
annexed, viz., Turkish of 1868, 671 to 681, ex
div. ; ditto 1862, 69 to 1 ; the Consolidsis,
501 to ; Mexican, 421 to 1 ; Passive, 351
to ; and Confederate, 42 to 45 "ex all."
Transactions are recorded as follows :—Braziliau,
1852, 1838, 1860, 861 ; ditto 1863, 871 ; Dutch
Certificates, 1011 ; Egyptian, 100, ex div. ; Greek
for account, 22 ; Italian, 661 ; Mexican,
for account, 424, 1, 42, 1 ; Portuguese,
1853, 471; ditto, 1856, &c., for account, 471;
Spanish, 52} ; ditto Passive, for account, 351, 1,
35, ; ditto Certificates, for account, 14 ;
Turkish, 1854, for account, 91 ; ditto,
1858, for account, 681, ditto, 1001. Bonds,
73, ex div. ; ditto 1862, for account, 691,
; ditto 100/. Bonds, 691, 1 ; Venezuela, 1862,
for account, 64_

International Financial shares are now quoted 7i
to I prem.; General Credit, 31 to 4 prem.
Londoa Financial, 114 to f, ex div. and ex new ;
Mercantile Credit, 84 to 04 prem. ; Hudson's Bay,
181 to ; and Egyptian Trading, 24 to l prem.
To-day and to-morrow about 500,0001. will be
disbursed in dividends on certain classes of stock
by the Loudon and North Western, Midland, and
Great Western Railway Companies.
The first half-yearly drawing for the redemption
of the Confederate Cotton Loan, at par, took place
yesterday, and the numbers are published of 185
bonds, representing 71,30 W., which have been
drawn, this amount being one-fortieth of
2,848,500!., the amount of the loan at this date
unredeemed by cotton.

The numbers are published of 20 hot& of the
Danish Four per Cent. Loan of 1830-1861 which
have been cancelled.

In the absence of any important demand for goad
for exportation, the influx to the Bank continues.
The amount &gut into that establishment yesterday
was 83,000!.
Of the 209,0001. by the Shannon, from the West
Indies, 144,5001. is silver and 64,5001. gold. It
appears that the steamer from California and that
from the West Coast of South America arrived at
Panama too late to allow of their specie being sent
by this opportunity, although the mails from those
quarters have been brought forward. The packet
due at Southampton in the middle of this month is
consequently expected to bring a large amount of
bullion.

The steamer Seine, for the West Indies, will take
to-day about 128,30j1. in gold.

The demand for bills on the Continent continued
yesterday afternoon, and the rates were Rain in
several inotanees somewhat below those quoted on
Friday. The list is annexed.
Amsterdam, 3 inoaths, 11.191 to 12 : ditto, 3 days,
ILI7 to 1; Rotterdam, 3 maths, 11.199 to 129; Antwerp,
3 months. 25.60 to 70; Ramberg, ma. bsaoo, 3 mouths,
13.71 to 8 ; Paris, 3 days, 25.25 to 321; ditto. 3 :maths.
25.671 to 721 ; Frankfort-4:041w Maki*. 3 months, 1194 to
1 ; Petersburg (per rouble), 3 months, 33 to 1;
el. 80., 3 moaths, 12.25 to 30 ; Trieste, if. go., 3 months,
12.23 to 30 ; Madrid, 3 months, 48 to 9; Odic, 3 months,
474 to 48 ; Leghorn. 3 mouths, 25.821 to 71 ; Gams, 3
month; 25.824 to 71 • Milan, 3 months, 25.829 to 71 •
Naples, 3 months, 2.5..824 to 71 ; Palermo, 3 months,
25.828 to 74 ; Meesins, 3 mouths, 25.821 to 74 ; Lisbon, 50
days, 52 tot ; Oporto, 90 dam, 52 to 1..

The committee of the Stock Exchange have ap-
pointed special settling days in the shares of the
following companies, viz.. :—Bank of Hindustan,
&c., new shares, East London Bank (Limited), new
shares, Land Securities Company (Limited), Thurs-
day, March 3 ' • London Mercantile Discount Com-
pany (Limited), Friday, March 4. All are to be
ofiicially marked.

The prospectus of the Thames Iron Works, Ship-
building, Engineering, and Dry Dock Company
(Limited) has been issued, with a proposed capital
of 500,0001., in 5,000 share of 1001. each,
of which 3/. per shares is to be paid on
application and 71. on allotment. The object is to
purchase and extend the business of the Thames
Iron Works and Shipbuilding Company (Limited)
at Blackwall—an undertaking which was established
in 1857, and has attained a high character for
building ships of the largest class. To the existing
business of the company two new branches, viz.,
graving docks and engineering, are to be added.
The existing contracts of the old company, amount-
ing to upwards of a million and a quarter sterling,
and including orders for iron-clad vessels for the
Danish, Russian, Spanish, and Turkish navies, are
to be transferred to the new association. All
the directors of the old company retain their
interest and position in the new one, the
board of which is composed as follows :
Mr. Peter Rolt (chairman), Captain John Ford
(managing director), Lord Alan Spencer Churchill,
Mr. John Bonus, of Cannon-street ; Mr. Frank
Clark Hills, of Denmark-hill • Mr. John S. Mar-
getaou, of Cheapeide ; and Mr. 'William Jackson, of
Imidephall-street. The purchase money of the
business, goodwill, contracts, plant, landed property,
&c., is fixed at 275,0001., of which the shareholders
in the old company are tereoeive 150,0001. in fully
paid-up shares, and 125,000/. in debentures of the
new company, bearing interest at 5 per oent. per
annum.

It will be remembered that the directors of the
Royal Insurance Company took ou themselves to
reimburse all their policy holders for the damage
occasioned by the explosion of the Lotty Sleigh, at
Liverpool, although it is admitted that no insur-
ance companies are legally liable. One of the share-
holders having impugned the right of the directors
to act thus, the Vice-Chancellor, after an elaborate
argument, has decided that the deed of settlement
of the Company gives the directors full power to
place *liberal construction on the rules of the Com-
pany. The plaintiff's bill was therefore dismissed
with costs.

The annual meeting of the Atlantic Telegraph
Company is convened for the 16th March.

- - .
On the 9th inst. Vice-Chancellor Wood proposes
to appoint an official liquidator of the Metropolitan
Cab and Carriage Company (Limited).
The creditors of the Universal Club and Per-
manent Exposition Company (Limited) are required
to send the particular* of their claims to the official
liquidator by the Lt of April.
The subscription list of the British Colonial Steam
Ship Company will be closed on Tuesday, the Bth
March. . _ .

—The Oriental Commercial Company have given
notice that no further applications for shares in the
Lisbon Oil Mills Company will be received after
the 10th March.
We are also requested to mention that the share
list of the Royal Naval and Military Banking Cor-
poration will be closed on Wednesday, the 9th
instant.
It is stated that the applications for the shares
of the Gellivara Company (Limited) have far ex-
ceeded the number require&

Subjoined are the quotations of insurance, gas,
and other shares, as
.given in the Stock
change list list of last evening
Lisseranon—Alliance Hr. sad Foreign, 151 to 18;
igmhl3l to 13 ; Commercial Union, 91 • English mid
Marine (Limited), 4 ; Globe, 110 toll , Guardian.
511; Imperial Fire, 354 to 5 ; Indemnity Marine, 1421 ;
London and Caledonian Marini (Limited) 34 ; Landes
and Provincial Marine 34 4 ; Marino, 96i0t0 6 ; North
Rritieh and Mercantile (Limited), 204 to • 0002•11
rine,lBl; Royal Exchange, 295; Universal (Limited),
41.
Gaslight and Colo.—Bahia (Limited), 191; ditto. 10 pig
cent. miasma (Limited), 221 ; Commercial. 48 to 71;
851 ax April thy.: ditto New, 734 ex atril Ay.;
Imperial Continental. 871; London, 864; Fars Liman
91 ; IJulted General, 49 to 8 ; Westminster Chartered, New,
48 to 1 ; Western, 174.
Watervrorbs.—Berlin 9 to 1 en die. ; Chelsea, 261 ;
Grand Junction, B^_l3l 91 ; Kent, 19,8 tot.
The report presented by the Superintending
Committee of the Bloomsbury Eavingepank, at the
annual meeting of the trustees and managers on the
25th of February, expresses isatisfaction at the
operations of the institution. The number of
depositors has increased by 234 during the year.
The total number of open accounts, at the 20th
November last, was 20,567, with an average amount
on each of 231. 14s. • and of these 16,677 average
only 91. 3s. 9d.- a fact affording proof of the utility
of the institution to that class of persons for whose
benefit savings banks are more especially intended.
There are nearly 5,000 depositors whose accounts
do not exceed 11. each. The balance due to depo
sitore at 20th November, 1862, was 489,9651.
Be. 11d. ; ditto 20th November, 1863, 487,45 W.
17s. 5d., beings decrease of 2,5091. 11s. 6d. The
accounts show a cash surplus of 5,1151., exclusive
of the bank premises, which are valued at 4,619/.
The committee mention that since the establishment
of the bank in 1817 the sum of 550,1381. 14s. 9d.
has been paid and credited to depositors for inte-
rest ; and that, although there have been 1,431,054
cash transactions, amounting to 10,655,3171.
6s. 10d., not a single instance has occurred of fraud
of any kind, or even of wrong payment to a de-
positor.

TUESDAY EVIDTING.
Consols, which closed yesterday at 911, to I,
for the Bth March, declined to-day to 91 to but
closed at 91f to For money the last price was
91 to I. The official business report is as follows :
Three per Cent. Consols, for money, 91, 9U,
911, 90f ; ditto for account, 91f, 91 ; Three
per Cents. Reduced 91, 901, 91 ; Nrw Three
per Cents. 91, 001, 91 ; Bank Stock, 237, 2384 ;
India Stock, 218, 217, 219 ; ditto Five per Cent.
Stock, 104 e, g, ; Five per Cent. "enlaced "rupee
paper, 1054, 106.
The India Five per Cent. stock was steady.
Exchequer Bills remain at fie. die. to par.
The foreign stock market was rather bravy, but
closed above the lowest point of the day.
The closing (but, in some cases, merely nominal)
quotatioas for shares in new undertakiugs are
subjoined, viz. :—Credit Foncier of Mauritius, par
to 1 prem. ; Land Securities, 11 to II prem. ;
Contract Corporation, 1 to 14 prem. ; Credit
Foncier (Great Britain), 2 to 24 prein. ; Lon-
don Mercantile Discount, 3 to 4 prem. ; Austra-
lian and Eastern Navigation, 84 to 94 prem. ;
Ottoman Financial, t dis. to prem. ; Consoli-
dated Discount, 1 dui. to par ; Mexican Bank,
1 to 14 prem. ; Littlehampton Steam. 7* to
8, prem. ; Financial Corporation, 2 to 2!. prem. ;
Gellivara Company, 14 to 24 prem. ; Loudon Gas
Meter, * to If prem. ; Buenos Ayres Bonded
Wharf, fto 1 prem. ; South Eastern Bank, #to
14 prem. ; British Colonial Steamship, # to 14
prem. ; Naval and Military Bank, I to 11 prem. ;
Lisbon Oil Mills, to prsm. ; English, Irish,
and Foreign Rolling Stock, 1 to 14 prem. ;
International Agency, 2 to 3 'prem. ; Financial
Discount, 14 to 2.1, prem. ; Queensland Silevp In-
vestment, 14 to Ixprem.

MINES.-(THIS DAY.)

Two o'Ciolw..

Tbere is a considerable amount of business is
the mining market to-day. The dealings are again
largest in Great Wheal Vor shares, which
are very firm at 36 to 37, with au upward
tendency. Telegrams from this mine .o:th,un‘ss
that the 146 west of Metal's shaft has nproved
from 40/. to 2001. per fathom, 1.1.,1 that
the 147 east of Joey's is worth over
4001. per fathom. North Shepherds are also
strong, at 61 to 1, and Glasgow Caradou et 31 to
4/. Fast Caradon have declined los., Ming now
quoted 31 to Great Fortune are quote 1 14} to
154 • West Chiverton, 82} to 85 ; and GuiJauiena,
4 to)!. . .

AfamiHos and Cape Copper shares are inquired
for, while Monte; Aureu and IJuited )111ican
show dulness.

The directors of the St. John del Rey Mining
Company (Limited) have received, by telegram
from Lisbon, the following report, dat,l Morro
Velbo, Jan. 29, 1864 :—" Produce 11 days of
January, 12,701 oitavas ; yield, 6.138 oitavas per
tun. Remittance, 80,509 oitavas ; Worku.g regu-
larly; doing good duty."