The Express.
London, England, 1865-02-20 00:00:00

in 1,500 shares of 101. each, but not more than 71.
per share is to be called up, unless otherwise
arranged by the shareholders, mid upon this mem
the vendor., who, with their friends, have applied
for two thirds of the capital, guarantee a minimal
dividend of 10 per cent. per annum for five years.
The annual meeting of the North British sad
, Mercantile Insurance Company is convened for the
I 6th of March.

The half-yearly meeting of the West Hartlepool
Harbour and Railway Company is called for the
24th inst. at the London Tavern.

A general meeting of Challis's Banking Company
(Limited) is convened for the Ist of March.
The report of the directorial the Worthing Royal
flea-House Hotel Company (Limited), to be sub-
mitted on the 72nd suet., recommends a dividend
at the rate of 10 per cent per annum.
Contributories of the Union Discount Company
(Limited) are required by the Court of Bank-
ruptcy to pay a all of 16a a share to the official
liquidator by the 6th et March.
Blockade running is likely to suffer a check by
the introduction into the American navy of the
sew magnesium light, the Federal, having ordered
a supply of this metal. Several of the European
governments are now engaged in experiments with
a view to its adaptation to lighthouses, and meet
and sea signals, and it has been found enrceesfol at
a distance of 26 miles. The public may not be
aware that this hitherto rare metal is now being
manufactured upon a commercial scale by the
Magnesium Metal Company. Messrs. Johnson,
Matthey, and Co., the metallurgists, of Ration-
garden, have, as sole agents of the company, under-
taken its introduction.

BATOIDAT
Consols, which closed yesterday at 891 to 1 fur
the 9th of March, opened this morning at
81/4 to and closed at 891 to f. For money
the last price was 891 to 1. The official
business report is as follows :--Thres per Cent.
Consols, for money, 891, 1; ditto, for amount,
801, ; Three per Cents. Reduced, 881,
89 ; -New Three per Cents., 881, 89 ;
Annuities, 1885, 14 5-18 ; India Five per Cent
Stock, lost ; ditto Four per Cent. Debentures,
1866, 981 ; ditto Bonds, 10s. prem. ; Five per Cent
"enlaced" rupee paper, 1011.
Indian government securities were steady.
India Bonds were marked 10s. prem. Exchequer
Bills were quoted 3a. to Bs. prem.
Bank shares were firm, though deficient in busi-
ness. Allianoe Bank shares have again risen about
10s., closing at 9 to 91 prem. An improvement
wee also quoted in London, Hamburg and Conti-
nental Bank, ficinds, Punjaub and Delhi, and
Bank of Hindustan new shares.
Hudson's Bay shares were last quoted 151 to ;
Egyptian Trading, I to 1 prem. ; National Dm-
count, 91 to I prem. ; Joint Stock Discount, 11 tot
dies. ; and Ottoman Socidtel Nadeale, 2to n prem.
Electric Telegraph stock improved 1 per cent.,
while London and St. Katharine Dock declined to
a like extent. Fore-street Warehouse shares were
fiat. Telegraph Construction and Maintenance met
with inquiry.
The shares of the financial companies were quiet,
at yesterday's prioes. The closing quotations are
annexed, viz.:—lnternational Financial, 1 11-16
to 13-16 prem. ; General Credit, 2 3-16 to 5-16
prem., ex div. ; London Financial, 61 to 7 prem.
Imperial Mercantile Credit, 2 to 21 prem. ; end
Credit Foncier and Mobilier (old shares), nto 6
prem.
Tbe closing (but in some cases nominal) quota-
tions for shares in new undertakings are subjoined :
—City of Milan Improvements, 31 to 1 gem.
Metropolitan District Railways, 3 to34prein., being
again higher ; General Irrigation of Franoe, par to
prem. ; London and Provincial Mortgage Nish,
to 1 prem. ; China Steam and Inbusa COO, lite
prem. ; Registered Land, Ear to * r& t
" Simpson's," Ito prem. ; and Dagenham Docks,
1 to 11 prem.
United States 5-20 Bonds have again risen ire
cent., beirg quoted 521 to 1. Cape of Good Hope
Government Debentures of the later issues de-
clined 1 per cent.