The Express.
London, England, 1866-07-26 00:00:00

Iwcasssa.

Cash . . . . . . 17 4-5 millions.
Treasury balsams . . 5
Dammam.
•

Bills discounted . .
Notes -3
Advances -3
Current accounts .

WEST INDIES.

_
LI VERPOOL, Jun L.

The Californian, from Kingston (Jamaica), vis
Gibraltar, with troops, has arrived here. There is
some sickness on board.
Her news is unimportant.

The West India. and Pacific steamer Venezuelan,
from Colon and Port-au-Prince, has also arriced
here.

MONEY MARKET.-(THLUDAY.)

thra o'CLoet.
Another weekly court at the Bank of England
having passed over without any reduction
in the rate of discount, renewed dulness
prevails to-day in the Stock Exchange,
and business is restrained within a narrow com-
pass. The funds, however, are no lower than they
closed yesterday, and as regards home railways,
absolutely the only movement is arise of 1 per cent.
in Lancashire and Yorkshire. Foreign stocks
are rather fiat, and depression is shown
in particular by Spanish Passive and Certificates,
in which there is • speculative collapse. In
Grand Trunk of Canada Railway stock, an un-
favourable reaction of per cent. is observable.
In banking and financial shares scarcely any
change has occurred.
The discount market remains quiet, and the
rates asked for good bills are still 9 to 91 per
cent. The idea of a reduction In the rate
of discount by the Bank of England
having been only very partially entertained yes-
terday, no effect whatever has been produced by the
announcement that the weekly courthaa broken up
without making any alteration.
Consols are now quoted to 1 for money,
and 881 " buyers," for the account (August 9).
Foreign stocks are dull, with little change in
prices. Italian remains flat at the late fall,
but Mexican shows a recovery of 1 per
cent., compared with the closing quotation
of yesterday. Turkish bonds of 1862 are firm.
- The chief feature in this department is a
- fall of 2 per cont. in Spanish Passive, and
to 1 in the Certificates, both these clams of paper
being freely offered by the speculators. Turkish
Bonds of 1862 are now quoted 51 to 53, ex div. ;
ditto of 1865, 271 to 281; Greek, 11/ to 121; Spanish
Passive, 191 to 20 ; ditto Certificates, 14/ to 15 ;
Italian, 1861, 521 to 2, ex div. ; Brazilian scrip,
3 to 2i dis. ; and Mexican, 171 to /.
United States 5-20 Bonds show a recovery of
___ about 1 per cent., being quoted 691 to 70. Illi-
nois Central Railway shares are 1 lower, at 761 to
771, and Erie Railway shares steady at 44 to 1.
International Financial shares are now quoted
11 to 11 dis. ; London Financial, 12 to 11 dis. ;
General Credit, 11 to 12 dis. ; Credit Foncier,
3 to n dis., ex div. (81. paid); and National Dis-
count, Ste 1 prem.
die Owing to the receipt of intelligence that the
laying of the Atlantic cable is completed to within
80 miles of the other side, the demand for
dj„ the shares of the companies concerned con-
tinues. Atlantic Telegraph 8 per cent. pre-
ference shares are again better, at 4, " buyers ;"
and Anglo-American Telegraph shares have ad-
vanced to 2 to g prem.
The steamer Bremen from New York has arrived
off Cowes, with 70,200 dole. for England and
202,160 dole. for Bremen.
HALF-PART Tears o'CLoen.
Consols are now better, at 881 to 2, for money,
and 882 to 1, for the 9th of August.
The Saxonia, from New York, has brought
13,0001. in specie for England. The Waahington,
which has reached St. Nazaire from Aspinwall and
other ports, has 200,0001. on board.
The directors of the Metropolitan Railway
Company have resolved to recommend to the
proprietors a dividend at the rate of 7 per cent. per
annum on the ordinary stock and new ordinary
shares of this company for the half-year ending
the 30th June last. carrying forward to the next
account a balance of 11,814!.
The Great Eastern Railway traffic return shows
this week a decrease of 3961., compared with the
corresponding week of last year ; the Great
Northern an increase of 978/. ; the London and
North-Western an increase of 3,7221. ; the Great
Western an increase of 4,7561. ; and the Midland
an increase of 1,369/.
ad The weekly traffic return of the Grand Trunk
Railway of Canada, just received, shows an increase
of 1,615/. over last year.
The receipts of the Great Western Railway of
Canada for the week ending the 13th inst. were
11,4881., being 8901. more than in the corresponding
week of last year.
At the meeting of the Merchant Shipping Com-
pany (Limited), held yesterday, tbo directors' re-
port, which has already been published, recom-
mended a dividend at the rate of 10 per cent. per
annum, and was adopted.
At the meeting of the National Discount Company
(Limited) the directors' report, which has already
been published, recommended a dividend at the
rate of 20 per cent. per annum, and was adopted.
The proceedings are noticed in another column.
A general meeting of the shareholders of the Lo-
ndon Financial Association (Limited) was held yes-
terday at the Baltic, Threadneedle-street. After
payment of current expenses there remained a
balance of 76,5811. 195. at the credit of profit and
loss. This amount, as well as the reserve fund of
100,0001., the directors have transferred to a spe-
cial account to meet any depreciation of securities,
and also losses, when finally ascertained. The report
of the directors was adopted. Reference was made to I
the retinal ent of Mr. J. E. C. Koch from the direction,
for private reasons. It must be a satisfaction to
Mr. Koch, on retiring, to know that the company
he has founded has survived the unprecedented
storm of the last few months.
Ttuingairyerniunkpofaase,twhh(deunien:sharethteedhiooulwdrewirsinlegolfdretLyieseluteOzdirioneny:latas
interest of the shareholders to hale this company wound
opinion, that it would be to the
Cl:nmmAThanindoolamoitohmialotorilis meeting
y,ooder is :to
super,joioo
of
the ,
railer
t;hannehlynelocoanirepueelpesselmorilepoteey.,ztiedeb,ite
towy:l7dredbeedtLettentemthdieliltrreerts.o.......,..vr.
...,,,,,,....ofbiu,i-a.b.„.ViesChant
be eellvazdsir.?7,rdwe. P. Wood ca twice
pliostion to be made by motion cc pelf
as ceased may
advime.
Previously to the foregoing meeting, namely, at
12 o'clock yester day, ,a meeting of the creditors
this bank was held, at which creditors to the
amount of about 231,0001. were represented, when a
similar resolution was carried unanimously, with
the addition at the. Kul of the words " without
expense to us."