The Express.
London, England, 1867-02-25 00:00:00

NeTl-?-tvTdTaiiiiid—frout

Clienteles TLlmited°ol). Neer d
and Sil-
1 0 0 6.000 6,000
ver Xining (Limited) It 3 010 0 30,400 16 000

ToW ...,

(60,8215

The trafic receipts of the Atlantic and Great
Western Railway for the month of January
amounted to 361,137 dolls.' against 504,991 dole.
in 1866, 289,400 dole. in 1865, and 160,000 dole.
in 1864.

The report of the directors of Reuter's Telegram
Company (Limited), to be presented at the general
meeting on the 27th inst., describes the condition
of the undertaking as one of steadily increasing
prosperity, mentions that another call of 51. on the
second issue of shares will be necessary at an early
period in order to enable the company to meet its
engagements connected with the Hanover cable,
and states as follows :

From causes which are explained hereafter, the Hanover
cable hu not been in operation during the past year, but
the net profit, of the ordinary business of the company
for the twelve months ending 31st December, 1866, after
payment of current expenses, and after deducting rebate
on unexpired subscriptions, and writing off 3001. from
the preliminary expenses, amount to 9,4511. 7a. lid., in-
cluding 1,574/. 6a. 11d. brought forward from the last
account. As the additional capital issued for carrying out
the Hanoverian concession has hitherto been unproductive,
while at the same time the shareholders of the first and
second issues are equally entitled to participate in the
entire profits of the business, it has been thought right to
merge into the ge-ieral account the sum set apart last year
as the bulls of • reserve fund. The total amount avail-
able for distribution will thus be 11,451/. 7s. 11d., from
which the directors declare • dividend at the rate of 101.
per cent. per annum, free of income tax, upon the total
amount of capital called up, which will absorb 10,32/.
Bs. 10d., leaving 1,168/. 19a. ld. to be carried forward.
- - - -

. _ .
A general meeting of the shareholders of the
Eastern Exchange Bank (Limited) is called fur the
sth of March, at Liverpool, to receive a report from
the directors.

The annual meeting of the Van Diemen's Land
Company is convened for the 14th March, when a
dividend is to be declared.

We are requested to state that the share list of
the Carnarvon and Bangor Slate Company (Limited)
will he closed on Friday next, the lst March.
Travers' circular gives the following comparison
of the present position of the Bank and the price of
Consols for the week ending February 23rd, 1867,
with the corresponding periods of the two previous
years :
1887. 1808. 18015.
Bank Bullion 610311.413 113,92,93.5 .. L 14,600.231
Bank Reserve 18988,405 .. 7,409,160 .. 0,7:4.086
Noteatu Circulation 92.290,580 .• 20.862•010 . • 10.65910
___,•s
Rata of Discount
Consols for Money 901 .. 871 .. 891

SATURDAY Evnents.

Consols, which closed yesterday at 94 to 91 for
March 7, opened and closed to-day at the same
quotation. For money the last price was likewise
Kg to 91. The official business report is as fol-
lows:—Three per Cent. Consols, for money, 91,
901 • ditto, for account, 90;, 1 ; Three per Cents.
Reduced, 901, • New Three per Cents., 90i,
; Bank Stock, 254 ; India Five per Cent. Stock,
107 i, 7, I ; ditto Five per Cent. " enlaced"
rupee paper, 84} ; ditto Bonds, 32e., 30s. prem.
Its notified that the rate of interest on the Ex-
chequer Bills dated March has been reduced from

4 to 3 per cent. per annum. This step, which
naturally arises out of the present easy condition
of the money market, will of course effect a saving
to the British Exchequer. The price of the March
bills, which closed laet evening at 13s. to 17s.
prem., has to-day declined to 7s. to 12s. prem.
Indian government securities were steady.
With the excepti..a of Russian Bonds of 1822,
which declined * per cent., the tendency of the
prices of foreign securities was favourable. Turkish
Bonds of 1865 and Cliilian scrip were in chief re-
quest, and improved R to * per cent. Italian of
1865 were also I better ; Greek. Coupons, * ; and
Greek Bonds, as well us Spanish Passive and Mexi-
can, *. The amount of general business was small,
as usual on a Saturday.
The scrip of the New Danubian Loan showed a
slight recovery, closin,g at dis. 1, prem.
As regards financial shares, International were
inquired for, and advanced 2s. 6d. Credit Foncier
were slightly better. Prices closed as follows :
International Financial, 21. to * dia. ; General
Credit, 2 9-16 to 7-16 dis. ; London Financial,
18* to 17* cEs. ; and Credit Foncier of England,
to l dia.
Atlantic Cable shares showed no change of im-
portance, with the exception of an advance of ss.
in Telegraph Construction, which closed at 2* to 2
dia. Anglo-American were quoted 15 7-16 to
9-16; and Atlantic Telegraph 8 per Cent. Pre-
ference, 21
Hudson's Bay shares closed at 16/ to it ; Na-
tional Discount, at 8* to prem. ; ditto New,
M to prem.: and General Ottoman, at par to
* prem. Miscellaneous shares met with some
inquiry. Angie.-Mexican Mint were in demand,
and rose 2/. to 3/. Hong Kong and China Gas and
Royal Mail Steam improved 1/. ; General Steam
and Madras Irrigation, 10s. ; and Commercial
Union Insurance, ss. On the other hand, Austra-
lian Agricultural declined 11. ; and Company d
African Merchants, Home and Colonial Assurance,
Imperial Land of Marseilles, and New Consolidated
Discount, ss.
The only change in Colonial Government secu-
rities was an advance of 1 per cent. in Cape of Good
Hope (188.90).
Lnited States 5-20 Bonds were rather firmer in
the morning, but left off el; lower than yesterday.
Other American securities were unchanged, with
the exception of a rise of *per cent. in Atlantic and
Great Western Railway Consolidated Mortgage
Bonds. Prices closed as follows : 5-20 Bonds,
733 to .t ; Erie Railway shares, 37 to * ; Illinois
Central, 761 to 77/, ex div. ; Atlantic and Great
Western Railway Debentures, 31 to 32 ; ditto
Consolidated Mortgage Bonds, 24 to 25.

MINES.-(THI8 DAY.)

Ws o'CLoox.

The mining market is rather more active to-day.
North Crotty, Prosper United, Great Retallack,
and Prince of Wales shares are in chief demand.
Some of the present quotations are as follows :
Wheal Seton, 110 to 120 ; North Crofty, 4f to 5 ;
Prosper United, 31 to I ; Great Retallack, 3,1
to
; Prince of Wales, Ma. to 38s. ; Great North
Downs, 31 to 4 ; East Lovell, 911 to 10 ; and Great
South Tolima, 143. to IGs.

RAILWAYS.-(THIS DAY.)

On o'CLoar..

The railway market is inactive to-day, and with
the exception of a rise of to per cent. in
Great Eastern, and London, Chatham, and Dover
stocks, and a eduction of in Great Northern A,
prices exhibit no change.
Metropolitan stock is now quoted 1244 to 4, ex
div. ; Great Western, 494 to 504 ; London and
North Western, 122 i; to ; Midland,l234 to 1244;
Lancashire and Yorkshire, 1261 to 127 ; Cale-
donian, 1164 to 117 i ; South Eastern, 894 to 1;
Great Eastern, 31 to ; Great Northern, 1204
to 1214 ; ditto A, 1284 to ; London, Chia
and Dover, 18-1, to 19 ; and North Britisal3ll7l
to 38.

Foreign and colonial railway shares are without
variation of importance.

[For io-dars Share Leta me page 4.1