The Express.
London, England, 1865-09-26 00:00:00

day on English government securities are obtain-

able at 3 to 34 per cent.
At Paris to-day, sooording to Mr. Renter's tele-
gram, the Three per Cent. Rentee opened at
68fr. 35c., being sc. lower than yesterday.
Consols are now quoted 894 to 4 for money, and
894 to 4 for thej account (Oct. 10). The
official business report is as follows :—Three per
Cent. Consols, for money, 894, 4, 4 ; ditto for
account, 894, 4 ; Three per Cents. Reduced, 874, 4,
i ; New Three per Cents., 874, 4, 4 ; New Three-
and-a-Half per Cents., 941 ; Annuities, 1885,
13 11:16 ; Bank Stock, shut ; India Stock,
217, 216, 218 ; ditto Five per Cent. stock, 1054, 4 ;
ditto Bonds, 25a. prem. ; and "'chequer Bills, 3s.
dia., ls. prem.
Mexican Bonds have improved 4 per cent., and
Italian of 1861 and Turkish of 1865 show a favour-

-'4

able tendency. Other descriptions are quiet, in the
absence of transactions. Some of the present
_

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71 id

Si zd

161 I
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quotations are subjoined, viz. : —Greek, 201
to 211 ; Turkish Cousolidde, 491 to 1 ; Spanish
Passive, 30 to ; ditto Certificates, 141 to 1;
Confederate, 75 to 8 ; and Mexican, 25/ to 5.
Transactions are recorded as follows :—Brazilian,
Old Five per Cents., 925; ditto 1863, 715; Egyptian,
941, 951 ex div. ; ditto 1864, 951, 961; French
Four-and-a-Half per Ceuta., 951 r., ex div. ;
Italian, 1861, for account, 641 ; ditto
1865, 801 ; Mexican, for :mount, 255, 1, 1 ;
Russian, 1822, 91, ex div. ; ditto,
1862, 911; ditto 1864, 96 ; Sardinian,
76 ; Spanish, for account, 471 ; ditto Passive, for
account, 301, ; Turkish, 1854, for account,
96 ; ditto 1858, for account, 725 ; ditto
100/. Bonds, 77 ; ditto, 1862, for account, 745,1,
; ditto, 1001. Bond; 75 ; ditto, 1865, 455, 1, ;
Venezuela, 1864, 42.
The scrip of the new Brazilian Loan is still in-
quired for, and has advanced to 21 to 35 prem.
United States 5-20 Bonds continue in demand,
and have again advanced, the present quotation
being 691 to 1. Erie Railway shares are quoted
58 to 1, being firmer ; Illinois, 82 to 1 ; and
Atlantic and Great Western debentures, 875 to 88.
A third dividend of 2s. 6d. in the pound is
announced as payable in Norwich, next week,
to the creditors of the East of England
Bank, by the liquidators, Messrs. Gibbons
and Tillett. This batik stopped payment
in July, 1864, with liabilities amounting to about
600,0001., and the dividends paid previously to this
amount to 15s. in the pound.
International Financial shares are now quoted
11 to 5 prem. ; General Credit, 2 to 1 prem.,
ex div. ; London Financial, 81 to prem., ex
div. ; Imperial Mercantile, 2 to 1 prem. ; Credit
Fonder and Mobilier of England, 45 to
prem. ; Hudson's Bay, 151 to 16 ; and Overend,
Gurney, and Co., 41 to 1 prem.
The approaching close of the quarter causing
large revenue payments to be made to the Bank,
there was a strong demand yesterday at the discount
office at that establishment, and, the supply of
money in the general market being limited, scarcely
any transactions took place in Lombard-street below
4 per cent. In the Stock Exchange there was like-
wise a good demand, but the rate for short loans on
English Government Securities did not exceed 3 to
31 per cent.
It is understood that the letters of allotment of
th;Brezilian Loan will be posted to-morrow evening.
The fortnightly settlement in shares and foreign
stocks will commence to-morrow (" continuation
day"), and end on Friday.
About 85,000 sovereigns were withdrawn from
the Bank yesterday for Alexandria.
The Essex, with 483,0001. in Australian gold, is
now about due, having been at sea 86 days. The
William Duthie, with 130,5001., and the Lincoln-
shire, with 282,000/., may be expected to arrive in
about a fortnight, the former having been out 67
days and the latter 65. The West India packet,
due at the end of the week, will probably bring a
large amount of specie.
The Africa, from Boston, has brought 8,0001. in

specie.
The Stock Exchange Committee have passed the
following resolution :—"That, pending an inquiry
into the circumstances connected with the General
Estates Company, the buying-in be suspended."
The Brighton Railway traffic return shows this
week an increase of 1,9391. over last year ; and the
South Eastern an increase of 3861.
The directors of the Book of British Columbia
have issued the following report in anticipation of
the general meeting to be held on the 3rd of Octo-
ber :—" The directors have the pleasure to submit
to the proprietors the accompanying statement
of accounts for the half-year ended
30th June last, and have satisfaction in
stating, that after paying all charges, deducting re-
bate of interest on bills not due, and making ample
provision for bad and doubtful debts, the undivided
profits amount to 20,0781. 13s. Bd., which the direc-
tors propose to appropriate as follows, viz. :-9,3751.
in payment of a dividend at the rate of 10 per cent.
per annum ; 7,000/. to reserve fund, which will
then amount to 20,0001., leaving 3,703/. 13s. Bd. to
be carried forward to the current half-year."
An extraordinary meeting of the new City Club
Company was held yesterday, when the report of the
auditors appointed at a previous meeting was sub-
mitted. After a lengthened discussion, a resolu-
tion was agreed to, to the effect that the money
required for the completion of the club be raised by
the qualification for membership as regards future
members being increased to 20 shares, and that all
the present members be requested to increase their
holdings by at least 10 shares each.
The prospectus of the London and Australian
Agency Company (Limited) is issued, with a re-
spectable direction. It is explained that the object
is "to facilitate the investment of English capital
in Australia, and to assist generally in do•
veloping its resources. The sources upon
which the company relies for its profits
may be briefly summarised as follows, viz.:-
1. Interestt on the money advanced. 2. Commis-
sion on the mosey advanced. 3. Commission on
wool sold by weekly auction. 4. Charge for storing
wool. 5. Difference between the cost of borrowing
money here and leudiog it at the colonial rate."
The nucleus of the project is the acquisition of the
business of Messrs. J. H. Clough and Co., of Mel-
bourne, which has been established upwards of
ten years, and is stated to show an average net'
profit for that period of no less than 33,2881. per
annum, derived principally from commissions on
advances and sales of wool, stock, and stations.
With regard to this point, we would suggest to the
promoters that they would find it to their interest
to have these profits formally certified by qualified
aocountanta, this being • coarse which all new
companies in future will be required to adopt. It
is further mentioned that "the perebtos el the
goodwill of the business has been effected on very
advantageous terms, the amount to be.paid being
less than two years' profits, the whole of which will
be received by the vendors in shares, subject to
proportionate reduction should a net profit of

30,000. per annum on a three years' sweep not
be realized, as stated in the terms of purchase,
copy of which, and also of the articles of associa-
tion, can be seen at the offices of the solicitors."
Another clause in the arrangement is described se
follows:

One half of the amount of the above purchnee-stooey
will be paid to the voodoo' by di thousand shares (with 54
per share paid•ap) oat of the pressat bras, and the remain-
bag ball in debentures of the company, to be eoeverted into
shares of the next issue, such debentures or converted
shires to be held by the board for the purpose el nuani-
teeing a dividend of 10 per cent. per annum for three gears
and the vendors have oleo sowed to place their servtime at
the disposal of the company for the rmo period to ao•opoo.
rate with the manager, who wdl be appointed by and noll
under the direction of the hosed in Loudon.

The Melbourne premises acquired by the company
are stated to surpass any buildings for similar pur-
poses in the Australian colonies. The capital in
1,000,0001., in 50,000 shares of 201. each, but the
first issue is to be limited to 30,000 Ames, of
which 6,000, as already stated, have been
apportioned to the vendors, leaving 24,000 for
allotment to the public.

Moaner BMW&
Consols, which closed on Saturday at 891 for the
10th October, opened and closed to-day as NI to 1.
For money the last price was 894 to 41. The
official business report is as follows :—T
hy per
Cleat. Consols, for money, 894, f, ; ditto, for
account, 891 ; Three per Ceuta. Reduced, 87f, 4,
13, 4; New
Three per Cents., 87f, 1, ;
shat; Ban
India Five per t. Stock, iObi,
The India Five per Cent. Stock wee steady. Ex-
chequer Bills were unaltered at 3s. dia. to le. prem.
The foreign stock market was quiet. One of the
chief movements was a fall of # per cent. in Turk-
ish Consolid4s. Turkish Bonds of 1866 and Rus-
sian of 1850 were also weaker. There were inqui-
ries for Confederate and Venezuela Deferred.
Spanish Passive improved ft.
Bank shares, on the whole, were rather more
offered. A alight reduction took place in /link of
British Columbia, Chartered Bank of India,
Australia, and China, Bank of Otago, and Metro-
politan and Provincial. Bank of Queensland and
Merchant Bank shares inquired for, and firm.
As regards the shares of the financial companies,
the variations consisted of a rise of ss. in Imperial
Mercantile Credit and a trifling reduction in
Credit Fonder and Mobilier. The closing quota-
tions were as follows :—lnternational Financial,
1 5-16 to 7-16 prem. ; General Credit, 2 1-16 to
3-16 prem.; London Financial, 81 to prem. ; Im-
perial Mercantile Credit, 2to prem. ; Credit
Fonder and Mobilier, 41 to ft prem.
National Discount shares were last quoted 101
to 1 prem. ; Joint Stock Discount, 1 to 4. die;
Overeud, Gurney, and Co., 4 7-16 to 9-16 prem. ;
Egyptian Trading, ft to # die. ; Ottoman Soci6t4
Gito4rale 24 to 1 prem.; Hudson's Bay, 151 t 416 ;
Lion Brewery, 11 to 2 prem. ; and Attitude
Telegraph Preference, If to 2. Bombay pas,
International Contract, Merchant Shipping, and
West India and Pacific Steam shares, have receded.
Royal Mail Steam were inquired for. Transatlantic
Steam shares were quoted 2 to 3 prem.
United States 5.20 Bonds closed at 69 to 1,
showing a rise of ft per cent. since Saturday. Erie
Railway shares were better, at 58 to 1, and
Illinois
Central at 82 to 1. Atlantic and Great Western
Railway Sterling Debentures were steady at 874 to
88, while some other classes of this company's secu-
rities were in increased demand.

MINES.-(THIS DitYJ

Two o'Clacw.

There is a fair amount of business in the mining
market to-day, and the tone generally is rather firm.
Some of the present quotations are as follows:—East
Lovell, 15i to 16 ; Chiverton, 10 to : Great Vor,
341 to t ; Cbiverton ,5 to ; West Caradon, 9to
; South Condurrow, 21 to 3i ; and East Basset,
23 to 25. No transactions are officially reported in
the Stock Exchange. -
Foreign and colonial mining shares are steady.
Yndanamntans have been dealt in at li, showing
firmness.