The Express.
London, England, 1865-05-13 00:00:00

MONET SABIZET.—MiIIa DIY.)

Two s'Olioat.

Contract Company, by whom 7 per cent. interest is
guaranteed during ocastrustiew. The total capita/
3,340,000/., with g premat inns of 1,670,0001.
In 66,800 shares of 261. each.

...
lllj 1

At a wielice directors, held id tbe Atlas Ass mance-
olio. yesterday, Taos. liar Req., P. 8.5.,
the deputy-chairman; was usasinsonsly elected
chairman of the company, in the room of the late
William Geo. l'esseot Req., and Benjn. Beek
Greene, Zsq., was eleeted deputy-chairman.
The fourth half-yearly ominary general meeting
of the Inns of Court Hotel Ooncany will be held
• the 26th inst.
It is notified that the eertifiestes of shwas of the
Freehold Lad sad Docks Cosepaiiy are
ready for delivery in exebange fee the bankers'
pts and letters of allotment
e subjoined circular in being issued out to a
larganumberd public eowelianies :

101

94

There is not much business in the stock markets,
attention being chiefly directed to the settlement,
which nas commenced to-day. Console are steady, at
the closing quotations of yesterday, but English lines
have declined in several instances, though not to
any important extent. Foreign stocks are inactive.
The recent advance in financial shares is main-
tained.
The discount market is quiet today, with a large
amount of money seeking employment and few
bills on offer. Nevertheless, !berate for the beet
paper is still•4} per cent. In the Stock Exchange.
the charge for loans 4pm day to day, on English
government securities, has declined to 2 per cent.
At Paris to-day, according to Mr. Reuter's
telegrams, the Three per Cent. Recites opened at
67fr. 60c., being sc. lower than yesterday.
Consols 441.n0w quoted 901 to 4, with div., for
money, and 894 to 4, ex div., for the
account (June 8). The official business report
is as follows:-Thee per Cent. Consols,
for money, 904, 4, 4 ; ditto for ac-
count, 891, 4; Three par Ceuta. Reduced,
884, i; New Three per Cents., 884, 4, 4 ; India
Stock, 218 ; ditto Five per Cent. Stock, 1064, 4 ;
and Exchequer Bills, 2s. prem.
Foreign stocks are quiet. There is a demand,
however, for Spanish Paemive Bonds and
Certificates, which have improved / to 4 per cent.
On the other hand, Consolidis and Mexi-
can have experienced a slight reduction.
Some of the present quotations are annexed,
viz :-Greek Bonds, 204 to 21; Mexican, 261
to 4 ; Confederate, 12 to 14 ; Spanish Pas-
sive, 30 to 4 ; the Certificates, 151 to
; Turkish, 1858, 70 to 71 ; ditto,
1862, 724 to 73 ; ditto Consolidis, 514 to 4.
Transactions are recorded ea follows e-Brazilian,
1852, 1858, 1860, 831 ; Chaim, Six per Cents.,
104 ; Dutch Two-and-a-Half per Cents., 621; ditto
Certificates, 951 ; Egyptian, 1864, 1001. bonds, 934;
Italian (Karam m ana Railway), 70 ;Mexican, 264, ;
Portuguese, 1856, &c., 484, 48 ; Russian, 1862,
90/, ex die.; Spanish, 474 ; ditto Passive, 30, 291 ;
ditto for account, 304, 30 ; ditto Certificates, 154,
; Turkish, 1854, 90, 4 ; ditto 1858, 704, ; ditto
1862, 721, 73, 721, 731 ditto 1001. Bonds, 73,
The failure is announced of a member of the
Stock Exchange, with, it is understood, rather
large liabilities.
The scrip of the new Ottoman Loan is firm, at
par to prem.
Intern►tional Financial shares are now quoted
1 to 4 prem. ; General Credit, 14 to 4 prem. ;
London Financial, 7 to 4 prem. ; Imperial
Mercantile, 1 to 4 prem. ; Credit Fonder and
Mobilier of England, 34 to 1 prem., ex die. ;
Hudson's Bay, 154 to 4 ; and Egyptian Trading.
1/ to 1 dia.
The quotations for the shares of some of the new
companies, are subjoined :-Metropolitan District
Railways, 91 to 101 prem. ; Moscow Chs, 4 die. to
par; Russian Iron Works, 41 to 5 prem. ; Anglo-
Egyptian Navigation, 34 to 4 prem. ; 'Varna
Railway, 9to prem. ; Plymouth Shipbuilding,
14 to 21 prem. ; Ottoman Company, 3 to 11 prem. ;
- Lion Brewery, 24 to prem. ; Estates Investment,
- 24 to 4 prem. ; London and Mediterranean Bank,
11 to 2 prem. ; and Peruvian Railways, 11 to 2
prem.

104

_Ed

_ld
6 i

6101
10 Ili

tondoa, Stook Extrhaage, Shore aoi lAn
Denarlareat, May 13,1866.
DOLT S6,—The Stook Exchsage " Railway Dspeohneot
was origipally splablished for eollertieg sod • record-
ing limirMol special to rellwaye, sod to them
only. Owing, however, to dmg, frewriat knurl of
foreign lows, and err formation of so many pad. com-
panies, ca exteasien of the MOW deskh was demo& ex-
pedient, sad lies name hea bees formally *Waged to do
" Share sad Leta DeparbseenV a tide lee tbs .. im-
=Ueda' to gushesewer! fain of leas sad share
. This compreheasire object is sot, I behave,
generally karmra to the and iseretarise of
public companies, and m object in new brining
the matter before yea I. to kiwide such es-opers-
tkin one year
iict as will enable me to weak est
ths plan of department the fullest Wen 't.
With this view restart to request the fovea: ef your
mad* ms copies of any notices, circulars. report. revels-
VIM, to., teemed Irmo time to time by you comwy, sad
of throe ',lntim to the foMtrieg sifte :
general at spreiil; elegise of trawl. boob ;
calla ; oreations new capital, shone or &bewares ; &vi-
deo& rerrommended ; dividood or interest payments ; con-
solidatioa of shame into stook ; issue at owe condos.' ;
Pro Poled awkaalimiloss ; &Waikato of title, address. fees,
be. • changes Is the extexalve, ; proopectone et ander-
takinp introduced by your company ; return d &posits.
The mortipt of early sad accurate information on these and
other kindred sebisots, is so desirable in sad so ob-
',Wooly advantageous to the comp... Wes artionzAmttact.l.
offer no apology for seadieg you the prow.
On the other hard, I may remind you that all preeesdisp
connected with settle..., quotatioos, oorreetioss of the
(deal lista, are at lesh initiated in this odes. In
these, and indeed In all matters connected with the depart-
mint, I willingly place myself at your disposal, and thank-
ing you beforehand for the e.t.a., you may be good
woo& to afford me, I am, dear sir, your obediast ser-
vant, /11111 ILL. BLAEIGHTIA Secretary.

101 i la

id

FRIDAY Emma.
Consols, which closed yesterday at 891, "buyers,"
ex div., for the Bth of June, opened and closed to-
day at 89# to 4. For money the last price was 901
to 1, with div. The official business report is as
follows :—Three per Cent. Consols, for money,
901, 1,4, 4, with div.; ditto tor account. eog, g,
ex div. ; Three per Cents. Reduced, 881, 1, 1 ;
New Three per Cents. 881, 1,1, ; Bank Stock,
240, 242 ; India Stock, 218, 218 ; ditto Five per
Cent. Stock, 1064, 4; ditto Bonds, 15s. prom. ;
Five per Cent. "enlaced "rupee paper, 1024,101}.
The India Five per Cent stock was quiet. Ines
Bonds were marked 16a. prem. Exchequer Bills
were unaltered, at 3s. to 6s. prom.
Danubian Bonds and Venezuela of 1862 de-
clined 1 per cent., and Greek Bonds showed dul-
ness, but with these exceptions foreign stocks
were well supported. Turkish Bonds of 1862, and
the Oonsolide were firmer. Mexican and Spanish
Certificates improved 1 per cent. Otherwise scarcely
any change occurred in this department.
Bank shares remain dull. Lower prices , were
quoted to-day for Alliance, Bank of Egypt, Bra-
zilian and Port Bank of Hindustan, Conti-
nental, and on Chartered Bank of Australia.
There were inquiries, however, for Bank of British
North America, and Imperial Ottoman Bank shares
were firm at 64 to 1 prem.
Hudson's Bay shares were last quoted to-day
151 to 1, being again firmer ; National Discount,
104 to 1 prem. ; Joint Stock Discount, 14 to
14 die., showing a relapse ; Egyptian Trading, 14
to 1 die. ; Ottoman Soiled (kneels, 21 to prem. ;
and Milan Improvements, 44 to 5 prem. Ebbw
Vale and Upper Assam Tea shares have improved.
Royal Mail Steam experienced a fresh rise of 21. to
31. West India and Pacific Steam and Socitit6
Financiers d'Egypt were weaker. Hewitt and Co.'s
shares were quoted 14 to prem.
General Credit and Credit Fonder and Mobilier
shares improved 2s. 6d. to-day, and a better
demand was experienced for the shares of some of
the other finaecialoompanies. The closing quota-
tions are sneezed, viz.:—lnternational Financial,
Ito 14 rem. ; General Credit, lg toirletareni. ;
London to 74 prem. ; Im Mer-
cantile Credit, Ito 14 prem. ; Credit Fonder and
Mobilise (both old and new shares), 34 to 4 prem.,
ex div.
The closing (but in some cases nominal) quota-
tions for shares in new undertakings are sub-
joined :—Metropolitan District Railways, 84 to
101 prem. ; Rio de Janeiro Gas, 1 to 14 prem. ;
Aeglo-Egyptian Navigation, 34 to 4 prem. ; Ply-
mouth Shipbuilding, 14 to 2 prem. ; Russian Iron
Works, 41 to prem.; Lion Brewery, 24 to 21
prem.; Ottoman Company, 4
to 14 prem. ; London
and Mediterraneanßank, 1 to 2 prem. ; Balm.
gate Silk, If to 24 prem. ; Estates Invest-
ment, 2 to 3 prem. ; Chichester and Midhurst
Railway, Ito 14 prem. ; and Virginia Petroleum,
1 to 2 prem.
United States 5.20 Bonds were 4 per cent
lower, closing at 63/ to 644. Atlantic and Great
Western Railway Debentures were firm, at 89
to 91.
The Liverpool cotton market to-day was quiet,
and the transactions did not exceed about 7,000
bake.

Hais-roar Two o'Clocz.
Consols are quoted 901 with div., for money,
and 892 to }, ex div., for the account.
The numbers are published of bonds represent-
ing 63,3001. of the Turkish Guaranteed Four per
Cent. Loan, which have been drawn, and are pay-
able at the Bank of England on the Lit of August.
The French mail steamer Floride has arrived at
St. Nazaire from Vera Cruz, with, according to the
telegram received, " 900,009 piaatzee for Loudon."
The foreign exchanges yesterday afternoon were
generally quoted better for this country. The
usual list is subjoined :
Amsterdam, 3 worths, 1L194 to f ; ditto, ft days,
11.17 to 18 ; Rottatiani, 3 noes* 11.191 to I ; Ant.
twerp, 3 mouths, 25.45 to 50; Hamburg, tax beams. S
months, 13.9/ to ; Paris, 3 days, 25.174 to 224 ;
ditto, S mouths, 15.45 to 50; Praziktort4m4hei=
mouths, 124 to ; St. Petersburg (per rouble), 3
31 to t ; Visas'. eff. 80.. 3 months, 11.15 to 20 ; Trim*
off. tio., 3 maths, 11.15 to 20 ; Madrid, 3 months,
47 to t ; Oadis, 3 mouths, 48 to ; Lathers. 3 months,
25.57 i to 62i ; Goma, 3 month; 25.574 to 621; Wisp, 3
month; 25.574 to 621 ; Naples, 3 months, 25.571 to
621 ; Palermo. 3 mouths, 25.571 to 62i ; Ileum, 3
swath; 25.574 to 621 ; Lisboa, 10 days, 514 to f ; Oporto,
90 days, 513 to f.
The weekly return of the Bank of France shows
the following changes :
Cyan and bullion
13111. disoonated
Government &pia lsere= 21,000
Notes is eircelatka ....... Immo 224,000
Private dionsiii
Advisees
The coin and bullion have again increasedl while
the decline in the discounts argues a slackenmg de-
mand for money.
At Paris the rate of discount in the open market
is now 3k per cent ; Amsterdam, Berlin, and
Brussels, 3} ; Vienna, 5 ; Hamburg, 3 ; Turin, 4i;
Frankfort, 21 ; and St. Petersburg, 6 per cent Our
Bank rate is still above the average on the Con-
tinent
An adjourned meeting of the creditors of Messrs.
James Marshall and Sous, spinners and shippers of
manufactures, of Stockport, was held on Thursday,
when a composition of 12s. 6d. in the pound, pay-
able within six months, was unanimously accepted.
It was said yesterday that an important com-
mercial failure hadtaken place in Batavia, bat no
confirmation of the rumour could be obtained.
The Caledonian Railway traffic return shows this
week an increase of 9181. over last year.
Sir Edward Cunard, Bart., has been elected a
director of the Ooean Marius Insurance Company,
in the room of his late father, Sir Samuel Cunard,
and Mr. Junius Spencer Morgan has been elected
deputy-chairman.
A large undertaking was announced last evening
under the title of the Peruvian Railways Company
(Limited). It is introduced under the powerful
auspices of the National Bank, and it is tinder.
stood that a 1 irge amount of the capital will be
placed irrespective altogether of the London
market The company is to construct and work
two lines of railway in Peru—one to connect the
seaport of Pao° with the town of Yea • the other to
connect the city of Arequipa with the Port cf Mejis.
It appears that the Peruvian government "guaran-
tees or the period of twenty-five years—or until
the railways have produced, over and above the
wet and provision for repair, renovation, and
maintenance for the space o two consecutive years,
dividends at the rate of 7 per cent. per annuum—
an income of 233,8001. per annum charged upon
the public revenues of the State, and further
secured by hypothecation of the guano shipped to
European States." The concession is for 99 years,
and another distinctive feature of the project is
described as follows :—" A sufficient sum will be
set apart to form a sinking fund for the redemp-
tion of the whole capital, at a premium of 100 per
itISCIITIOIC AT Tasotha.—On the 30th April at
cent, to be operative yearly after the first twenty theasewplsM 1, 46,, miaow. d Daffy,. the exemiot
years of the working of the railways. The shares of &mow far she warder of his seetbsr took Flow no
so redeemed to be aletber cancelled, and the salpritu:arrease =bleat from dr volesnAl wlddi 1011
dividends which wouM otherwise be payable hem ler woo lanio pains bis el* Ids
Wed to his situ. sad, bow/ phial In en 1.846 PIM=
on such shares to worse to and form part of the =tar doss whey' is in • Aseia,4 whirl du ass kin
sinking fund. After the first fifty years the price kin. /imam* atiormids maw New otorp4 up
at whioh shares shall be redeemed and cancelled to simmes venni Woos she bag log and Inilosa
shall be regulated at such higher or other pries then exasallea ley ebeephe his bad of WOlll • ••••••1• elm
1001. per
_cent. premium as the state of the sinking The bled mmeatterwaeh Mto ama •1011.--eilwill-
fund shall warrant.' The prospectus states broadly garTheabmaideThis; hes nisei mar she*, maws, in
that the prospects of revenue from the working of sassissishise. slur Immo( am a keg time woman"
the railways are so great as to reader the amid mow eon.
government guarantee a feature of but secondary Oseiath PLUM ve. Oas 11.33£310 Dar.—
conaideration. * contract for the eolettruchale pf Fars" mat 111...-2ylniksison ea leymeak 1.1111-; • ildte
these railways has been made with the International by seam tietess.lll2 ; fetal. 2,593.