The Express.
London, England, 1865-04-13 00:00:00

MONEY MilExard—mius DAYJ

Two o'Cioce.
In the Stock Exchange to-day attention is almost
exclusively directed to the completion of
the half-monthly settlement, and very little
fresh business has been entered into, many of
the members purposing to make holiday from
this evening till Tuesday morning. Neverthe-
less, the funds and most other securities remain
very steady, at yesterday's closing quotations.
Consols are firm.
To-morrow (Good Friday) being a holiday, and
some bills which had been kept back in
the hope that the Bank rate would be
reduced to-day having been brought for-
ward, there is a good demand for discounts,
but choice paper is still taken per cent, below the
Bank minimum. In the Stock Exchange, loans on
English government securities till Tuesday next
are in request, at 3 per cent.
Consols are now quoted 91 to 1 for money, and
911 for the account (May 9). The official
business report is as follows :-Three per Cent. Con-
sols, for money, 914, 91, 1, 91 ; ditto, for account,
911 ; Three per Cents. Reduced, 91/, 1 ; New
Three per Cents., 891, f ; New Two-and-a-Halt per
Ceuta, 73 ; Bank Stock, 242 ; and Exchequer
Bills, 65., 3a. die.
Foreign stocks are quiet but steady. Turkish
Bonds of 1858 have improved 4 per cent.
Some of the present quotations are annexed,
vie :-Greek Bonds, 211 to 4 ; Mexican,
27f to 4 ; Confederate, 29 to 31 ; Spanish
Passive, 32 to 4 ; the Certificates, 17 to 1 ;
Turkish, of 1858. 721 to 73 ; ditto 1862,
741 to 75 ; and the Conaolidds, 544 to f.
Transactions are recorded as follows t--Brazilian,
1852, 1858, 1860, 844 ; ditto 1863, 824, ex
div. ; Dutch Two-end-a-Half per Ceuta.,
621 ; Danubian, 86, 4 : Egyptian, 971,
97 ; ditto second issue' 974 ; ditto 1864,
95, 4, ex div. ; Greek, Coupons, for account,
81 ; Italian, 1866, scrip, 3/ die., ex div. ; Mexican,
for account, 271, f ; ditto Anglo-French, 54, ex
div. ; Portuguese, 1856, kc., for account, 481 ;
Russian, 1822, 90 ; ditto 1862, 924, 92 ; Spanish
for account, 48; ditto New Deferred,
411 ; ditto Certificates, for account, 17 ;
Turkish 1854, 911, 91 ; ditto 1858, 721 ; ditto for
account, 73, 721 ; ditto 1862, 741 ; ditto for account,
75 ; ditto 1001. Bonds, 754, 744 ; Venezuela,
1862, for account, 401 ; ditto 1864, 394.
International Financial shares are now quoted
lf to 1 prem. ; General Credit, 21 to f prem. ;
London Financial, 74 to 4 prem.; Imperial Mer-
Gentile, 11 to 1 prem. ; Hudson's Bay, 151 to 1 ;
Ottoman Sonietai Gifebrale, 21 to 1 prom.
The quotations for the shares of some of
the new companies are subjoined :- China
Steamship and Labnan Coal, 21 to 24 dia. ; Rio
Janeiro Gas, 1 to 11 prem. ; West London Docks
and Warehouses, Ito 01 dia. ; Varna Rail-
way, 41 to 54 prem. ; Killeen Freehold Land and
Docks, 14 to 4 die. ; South African Land,
to 14 prem.; Anglo-Egyptian Navigation, 14 to 21
prem. ; Russian Iron Works, 14 to 2 prem. ; and
Moscow Gas, 4 to f prem.
The steamer La Plata, from the West Indies, has
brought 240,0001. in specie.
Generally it may be observed that speculation
in most classes of securities is conducted very
cautiously, owing to the constant creation of fresh
stock, and to the prospect that the increasing abun-
dance of money will further stimulate the supply
after Easter.
There were no bullion operations at the Bank
yesterday. During the week 20,0001. of newly im-
ported gold has been sent in, and 39,000/. with-
drawn for export.
A portion of the 58,0001. in Australian gold by
the steamer Great Victoria has been purchased for
abroad, but the rest, it is thought, will be taken to
the Bank, after being refined.
The amount of Australian gold known to be now
on the way to England is 246,5001. The Mediator
has 8,0001. on board ; Yorkshire, 33,5001. ; Wave of
Life, 13,000/. • Queen of the Colonies, 12,0001. ;
London, 123,060/. • Red Rover, 12,01)01. • and the
True Briton, 45,0001. About 40,0001. is due.
A meeting of the creditors of Mr.O. W. Bremner
(trading under the style of Bremner and Co.), mer-
chant and shipowner, of Great St. Helen's, who
failed on the 28th alt., took place yesterday. The
balance-sheet, prepared by Messrs. J. Killingsworth
and Son, the accountants, estimates the liabilities at
48,9171., and the assets at 52,1831., showing a Gar-
' plus of 3,2661. The assets, chiefly in the East
Indies and Brazils, are almost entirely repre-
sented by the surplus (48,7861.) on consignments
and ships end freights. It was decided to wind up
the estate under inspection.
We are officially informed that the directors of
the Royal Mail Steam Packet Company have this
day resolved to recommend to the proprietors at the
meeting on the 26th inst. the payment, for the
half-year ended 31st December, 1864, of a dividend
of 81. 10s. a share out of the ordinary profits of the
company, and a bonus of 11. a share from the in-
surance fund, both free of income tax.
The London and North Western Railway traffic
return shows this week an increase of 8,2161. over
last year ; the Midland an increase of 4,1771. ; the
London and South Western an increase of 1,3321. ;1
the Great Eastern a decrease of 1931. ; the Great
Western an increase of 2,060!. ; and the Great
Northern an increase of 2,5921.
At the special meeting yesterday of the Financial
Corporation, the terms of amalgamation with the
Oriental Commercial Bank were agreed to after
some discussion, and some of the shareholders of
the Financial Corporation expressed an opinion
that the explanations afforded were not sufficiently
precise with regard to the probable amount of the
call yet to be made. The estimated sum is Bs. Bd.
per share, but in any case, it was stated, it is not
expected to exceed 13e. 4d.
The subjoined circular has been forwarded to I
the shareholders in the Egyptian Commercial sad
Trading Company (Limited) :
Sir, -In consequence of frequent applications of share-
holding, both pereoually and by letter, deairing informatioo
as to the present position of the affairs of the company, I
am instructed by the directors to inform you that, basing
their opinion upon the information before them up to the
present day, they consider, although the company has in-
curred some ordinary trade losses ocinesquent upon the
critical state of the Egyptian trade, and the failure of
houses connected with it, that these losses will not only be
covered by the profits made in the current year, but that
there will be a sufficient surplus for the payment of a divi.
dead after the annual meeting. The directors, however,
- think it more prudent to wait the result of the year's work-
Mg than to declare an interim dividintd.-I remain, he.,
Ms( - W. li...Marriaire, Secretary.

HsT

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117

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6, But India-anew, Ls.riSsital.strest. '
i
The prospectus of the British, India. and
Colonial Trust and Agency Corporation (Limited)
is in circulation. This company proposes to make
• first issue of 100,0000 of share capital, in 5,000 !
shares of 20/. each, a considerable number of
which are stated to have been applied for. The
objects proposed are of a varied character. The
company contemplates undertaking business con-
nected with agency, commissions, and trusts, to.
gather with a carrying trade in "valuables" and
parcels to and from India and the colonies. It
' further proposes to establish "• safe depository
for property and wills, for whose security' and
\ administration a corporation should be responsible ;"
betiotobataienvedery"afet,
paeouraftiou
r:lpelact
and, finally, the company will establish in London
°lcegiaaswehdereinforma
ing India and the colonies."
A call of 1/. 10a. is to be paid on the shares of
the Indian Tramway Company by the Ist of June.
Formal notice is given that a petition for the
winding-up of the London, Hamburg. and Con-
tinental Brchange Bank (Limited) is to be heard
before the Master of the Rolls, on the 22nd inert.
We are requested to state that "in consequence