The Express.
London, England, 1866-01-19 00:00:00

THE EXPRESS, FRIDAY EVENING, JANUARY 19, 1866.

PORR•STREET WAREHOUSE COMPANY.
(LIMITED).—(THIS DAY.)
The half-yearly meeting of the proprietors was
beld at 1 o'olock at the London Tavern ; Mr. W. Small in
the chair.

SHARE .LISTS.-(THIS DAY.)

Osz o'CLoca.

The report stated that the net profits of the company
from the 14th of July to the 31st of December,
1885, the period covered by the account., after
payment of interest, income tax, and every other
expense, and making allowance for bad and doubtful debt.,
amounted to 33,7221. fe. 4d., which, with the balance
brought forward from 14th July, 431. 15,. Bd., made a
total of 33,7661. 2s. It was recommended that
this should be appropriated as under :—To Mr. Slater,
in conformity with his agreement, 5,5811. 12e, 3d. ;
to the payment of a dividend (free of income tax) of 10 per
cent per annum on the entire subscribed capital, less
interest at 5 per cent on the portion uncalled, say at the
net rate of 13e. 6d. per share, 20,2501. ; to the payment of ,
interest at 5 per omit on the sums paid in anticipa-
tion of calls, 231. 11a. 11d. ; to carry forward to
the next account, ;9104 17s. 10d. ; total, 33,7661. 2e.
The board having decoded on taking stock at the end of De- I
camber, instead of as hitherto in January, the half-yearly I
amounts would heocelorward be made up on the 30th June
and the 31st December, respectively. The directors were
happy to be able to report the continued con6deom of the
several correspondents and customers of the company. The
dividend, warrants would be issued to the shareholders on
the 30th instant.

The dealings in the railwaymarket to-day are not
numerous, yet the tone is firm. Metropolitan, Lon-
don and North Western, Midland, Great Western,
and Great Eastern stocks are in demand, and have
improved * tog per cent.

London and North Western stock is now
quoted 1264 to ; Great Western, 59} to 60 ;
Midland, 124 to ; Lancashire and Yorkshire,
123 to # ; South Eastern, 744 to ; Great
Eastern, 41i to ; Caledonian, 1284 to 1294 ;
Great Northern, 127 to 128 ; ditto A, 145 to 4.!
and Metropolitan, 135 i to'.
Canadian and Indian Railway securities show
no alteration.

The CHAIRMAN, in moving the adoption of the report and
aocounts, oongratulated the proprietors oa the improved state
of affairs. Not only IMO they enabled to declare the usual
dividend, but the stook of goods was lower than it bad
ever been, and the trade liabilities were considerably reduced.
The daily sales considerably exceeded those of the pre-
vious year ; the dirsoton saw in every departmentsymptoms
of improvement and increase ; and there was no reason to
doubt that large aa the basins= was, and complicated as it
was in its details, it could be as well managed es any private
001100114

in reply to a qnsstiln,
The CHAIIIXAN said the increase of profits arose not
from a rise of prices, but from the general business
throughout the house.

In reply to another question,
The CHAIRMAN said the making of calls mast depend on
the rate at which money could be borrowed on debentures
to pay Mr. Morrison.
The report was adopted, and the proosedinp terminated
in the usnal manner.

dn. I Pd. I BUIWItY9.

Ns. ICI

DOOC&

I Pct lOL prior. I Sales.

%Oak
ne.
1082,11600 ii
tas.ois
1117.9111

Past and West LBW& . 100
10 Owned PloatlngDoet 6
9t Lea4na.1414.11 tbar4,6 100 74 81
100 Do. Deb. St 4p. emit all 11/ 90
111.. I ioutbaa4olo* lOO
IL Barry Cenuserdall 109 •-• •••

Wheat..l Barley. Malt. Oats. Flour.
gra qrs. qrs. qrs. brls. sacks.
gnash aadScotch no no 1390 2010 .. 850
Irish
Foreign 2;70 320 53.10 3930 823
Total

The Dover Castle has arrived from Melbourne,
with 72,000/. in gold.
The mail steamer ilhone,for Brazil, with 130,0001.
in specie on board, respecting the safety of which
some anxiety prevailed, has arrived at Lisbon from
Southampton ; she has had four boats washed over-
board and has sustained damage to her screw.
The prospects of the now Egyptian Government
Railways Debenture Loan are strengthened by the
fact that, with a view to exchanging into it, anti-
cipatory sales have for some time past been made
by the holders of the earlier issues of Egyptian
stock. The new Loan is evidently regarded with
growing favour by the public, on account of the
high rate of interest it yields, the well-defined
nature of the arrangements for its early repayment
at par, and the moderate amount of the debt of the
Egyptian Government, iu relation to its income and
resources.
A meeting of the holders of the 7 per cent.
bonds of the Confederate cotton loan took place, by
adjournment, yesterday, Admiral Wallis presiding.
The meeting was but thinly attended. A committee
was appointed to take measures for obtaining a
satisfactory settlement of the claims of the bond-
holders, and it was agreed that as soon as such
settlement could be effected, 5 per cent. on the
nominal amount of the existing bonds should be
deducted therefrom for the compensation of the
committee, and the persons acting in conjunction
with them.
The Mangolia, from Alexandria, has brought
20,7711. in specie, and the City of Washington,
from New York, 16,500/.
The failure is announced of a member of the
Stock Exchange, a broker, who, it appears, has been
speculating for a rise in Greek bonds. His liabili-
ties are not large.
The Great Eastern Railway traffic return shows
this week a decrease of 891., as compared with last
year ; the Great Northeru, a decrease of 98/. ; the
Great Western, an increase of 794/. ; the London
and North Westeru, an increase of 3,000/. ; the
London and South Western, a decrease of 872/. ;
the Manchester, Sheffield, and Lincolnshire, an
increase of 2,118/. ; the Midland, an increase of
1,9931. ; the Lancashire and Yorkshire, an increase
of 5,072/. ; the North Eastern, an increase of 3,3071. ;
the North British, an increase of 1,8271. ; the
London, Chatham, and Dover, including the Me-
tropolitan Extension and branches, au increase of
5191. ; the Metropolitan Extension, au increase of
300/. ; and the. Kent Coast, an increase of 1401.
At a meeting held yesterday of the directors of the
London and Provincial Marine Insurance Company,
it was resolved to recommend at the ensuing gene-
ral meeting a payment of a bonus of 5 per cent. upon
the paid-up capital of the company, in addition to
the payment of interest for the half-year ending
31st December, 1865, at the rate of 10 per cent. per
annum, and to iucrease the reserve fund to
25,0001.
The annual meeting of proprietors of the London
and County Bank will be held on the Ist February.
The report of the directors of the London and
Glasgow Engineering and Iron Shipbuilding Com-
pany (Limited), to be submitted at the meeting
on the 25th inst., recommends the payment of an
interim dividend, at the rate of 6 per cent. per
annum, free of income tax, payable on the 3rd
proximo, and states that the coming meeting will
be made extraordinary "to take into considera-
tion alterations in the articles of association re-
commended in the report of a special committee,
and approved of by the board."
We notice that a private meeting of shareholders
in the Hudson's Bay Company is invited for Wed-
nesday, the 24th inst., at the London Tavern, to
hear a lecture on the subject of the company's
territory and resources by Mr. James Dodds, par-
liamentary agent.
The half-yearly meeting of the Londonderry and
Euniskillen Railway Company will be held on the
6th February ; that of the Metropolitan Railway
Company on the 7th February ; that of the Edg-
ware, Highgate. and London Railway Company on
the Bth February ; and that of the Watford and
Edgware Junction Railway Company on the Bth'
February.
A general meeting of the London and Burton
Bottled Beer Company (Limited) is called for the
26th instant, to declare a dividend.
Vice-Chancellor Kindersley has appointed Mr.
Frederick Maynard official liquidator to the "Free
Trade Benefit Building Society," creditors of which
are required to send in the particulars of their
claims by the 12th February, the 3rd of March
having been appointed for adjudicating upon them.
The share certificates of Charles Laffitte and Co.
will be ready to be exchanged for the bankers'
raceipts on Thursday, the let February.
The drawing took place yesterday, at the office of
Messrs. E. F. Satterthwatte and Co., in the pre-
sence of Mr. Grain, the notary, of four per cent.
,of the entire amount of the Pennsylvania First
1 Mortgage Bonds of the Atlantic and Great Western
Railway. One hundred and eighty-four bonds
s were drawn, consisting of eighty of 1,000 dole.,
twenty-four of 500 dole., and eighty of 100 dole.
each.
Holders of scrip of the Italian State Domain Loan
! are requested by the General Credit Company to
send it without delay to be exchanged for Definitive
Bonds.

ffONEY MARKET.-(THIS DA F.) , The half-yearly interest on Havana and Marianas

. - .
Railway Seven per Cent. Bonds, due February 1,
Ost 490100471* will be paid 1 y the Colonial Company (Limited).
Business in the stock markets to-day is not Subjoined is Messrs. Culverwell, Brooks ancl
active, but the tendency remains rather favourable, Co.'s report ( f yesterday's hide sales :
consequent upon the abundance of money and the demand At the
rfiretrieerdue of hide sale? for the.
iyear an irregular
cessation of gold withdrawals from the Bank. 'er, which may'bre'naTribwiretenici to the
Consols have improved 1-16 per cent, for now ruling. East India—Ox and Cow—Calcutta—The
cash, but are without alteration for the sc.
lirolneexisddoneodw;,...lecshi,eBl for the
perienced fohromexport e tradep; only
in
count. The changes in British railways many instances, tended in favour of buyers, except for
and foreign bonds are all upwards, although they were wtlleta,cand thteor
finuotlatialen for our
od own
etas n err: , Tire%
are not important. Amongst the financial shares, • ;adzes. kr., ow'enieemther lower. The analysis of the sales
a slight advance has taken place in London Finan- is 101.306 Calcutta new parcels. 30,054 brought forward
: from former sales, and 14,206 Madras, Pondicherry, &c. in
cial and Imperial Mercantile. ' all 145,556 hides, of which 106,700 were mold. East Judie—
' h
There is rather more demand for discount to-day, ' Buffalo were chit tly bought in, holders not being disposed
some bills which had been kept back, in the i tow.actenetrthe pureertrutestst;alffe inn Lesthy Lrai —East Saltedd
hope that the Bank rate would be reduced, , Hides—At.7/%lnm did not meet with as amiss demand,
being now brought forward, and in addi-
tion a large amount of paper matures to- ut
: troi were rather lower. Cape slightly
. India
I. value
Dry hanAanig)mttcan oenlyllides part ilfricanaltFor rliolsnecasolyd sold.
ate
morrow. The supply of money, however, is rates were obtained. 31aulitins brought fair prices. South
still very large, and transactions continue to take I American were only pert sold. Horse Hides—South
me
place at 1 to* per cent. below the Bank minimum. w Aell.rican were mostly bought in. Bart—Mimosa sold
The charge in the Stock Exchange for advances The ship Wansfell has been taken up for the con-
till to-morrow on English government securities is veyance of emigrants to Brisbane.
The return of the Bank of England for the week
5 per cent. ending Wednesday, Jan. 17, compared with that
The Bank of France return shows this week an for the previous week, shows the following changes :
increase of 48,0007. in the bills discounted, and a Circulation issue
furtherdecrease of 440,0001. in the coin and bullion. Circulation active
Publics deposits
Consols are now quoted 87 to * for money, Other deposits 14,355,209 Decreeml,S46,3s3
and 871 tog for the account (February 8). Government securities in
banking department
Foreign stocks are firm with transactions to a fair other securities inbsnkin " '
extent. Turkish of 1865, Spanish Passive, the department
Committee's Certificates, Brazilian scrip, and Mexi- Com
and departments 'on
in
both
13,031,&34 Increase 144,005
can have improved i per cent. Some of Seven day and other bills 434,759 Derresos 20.056
the present quotations are subjoined,
viz.: Nhoetes in -vs
5,427,750 Increase 149,505
Greek, 131 to 141 ; Turkish Five per Cents. Total reserve (notes & coin)
of 1865, 391 to 40, ex div. ; Spanish Passive, 26 in banking department
to 1; ditto Certificates, 14* to I ; Confederate, 6 The effect of the Bank's exorbitant rate of discount
in checking
_business is seen in the further decrease
21 to 22, ex div.
to 7 ; Brazilian scrip, * to 1k prem. ; and Mexican,
of 2, 331? 59a/• in the private securities, following
/
the diminution of 2,400,4931. shown in the previous
The scrip of the new Egyptian Loan continues return, but as the private deposits have diminished
firm, at ii to 12 prem. 1,846,3531., and the public deposits 373.1431., the
American securities exhibit no change, with the ne. increase in the reserve is only 184,3501. The
exception of a reduction of 1 per cent, in Erie ddecline
iile consequentlnpetkield"o"nitesofintheost
tisf
ails:
fteha_e
Railway shares, which arc now quoted 571 to 1. dividend
inn this return is the incin "of 144,007);/. in
Illinois Central are called. 76 to *, and 5•20 Bonds, the coin and bullion, in face of the fact that the
651 to 661. Bank parted with about 15,0001. in gold for export
International Financial shares are now quoted daring the week referred to.
11-16 to 13-16 prem. ; General Credit, 1* to 2 prem. ;
London Financial, 31,- to 4* prem. ; Imperial Mer-
cantile, 2* to 1 prem. ; Credit Fonder and Mobilier
of England, 3! to I prem., ex all; Overenl, Gur-
ney, and Company, 53 to * prem.
The shares of the English and American Bank
are now quoted 1 to 11 prem. ; London Steam
Towing, 4 to 2 prem. ; Charles Laffitte and Co.,
21 to I prem.; and Galatz Candle, if to 1 prem.

rax K OR ENGLAND.—An Account pursuant to the Act 7tk
and -th Vic c. 32, for the week endlug on WedruattaN
January 17, 18.10.

TEPLRllltarr.

Notes Issued
Other securities .... 3,034, WO
Gold coin and bul-
lion
Silver bullion

1'2,181,004

e.-A .834 ,w 0