The Express.
London, England, 1867-11-22 00:00:00

MONEY MARIJY.-(TH18 DAY.)

On eosoca.

The markets for public securities are rather
firmer to-day. and prices have improved in some
cases. Consols are steady, at the closing quota-
tions of yesterday. Two or three of the home rail-
way stocks are higher, and there is a disposition
on the part of some of the recent speculators for a
fall to make further purchases to close their ac-
counts, in consequence of the approach of the
fortnightly settlement. Some of tho foreign
bonds have advanced, and colonial govern-
ment securities remain firm. Banking and
financial shares show no alteration of importance.
Alliance Bank shares, however, are inquired for,
upon the announcement that three gentlemen have
just joined the board.

The charge for the best bills in the discount
market is 1„ to If percent., withexcept,onal trans-
actions at lit.

Consols are quoted 941 to 4, with div., for money,
and 921 to 93, ex div., for the account (Decem-
ber 5). The Three per Cents. Reduced and New
Three per Cent.. are steady, at 921 to 1.
British railway stocks have been little dealt in,
but the tendency of prices is rather better
than yesterday-. Great Northern (Original)
and York and North Midland have improved
per cent., while Great Western has de-
clined 4. Annexed are the quotations
:
Metropolitan, 1181 to 3 ; Great Western, 441 to 1 ;
London and North Western, 1121 to 113 ; Midland,
114 to ; Lancashire and Yorkshire, 121 to ;
'Caledonian, 76 to 1 ; South Eastern, 641 to 65/ ;
Great Eastern, 301 to 1 ; Great Northern, 1071 to
1084 ; ditto A, 1101 to 1111; London, Chatham,
and Dover, 174 to t 1 ; North British, 321 to 1 ;
Brighton, 501 to 511 ; Berwick, 954 to 964 ; and
York and North Midland, 89 to 90.
The market for foreign stocks is firm, with a
fair amount of business, consisting chiefly of pur-
chases. Spanish Passive bonds are in demand,
and have advanced 1 per cent-, viz. to 21/ to 22.
Turkish of 1865 are 1 higher, at 321 to ; while
Italian of 1861 have declined 1, the present price
being 451 to 4. Turkish of 1862 are called 614 to
624 ; Greek, 12 to ; Spanish New Three per
Cent.., 331 to 1 ; ditto Certificates, 171 to 181 ;
Egyptian, 1864, 83 to 85 ; and Mexican, 144 to 15.
Very few transaction have been reported in bank
shares, but Alliance and London and County have
risen 10s., viz., to 12 to 11 dis., and 501 to 514 re-
spectively. Imperial Ottoman are quoted Ito
dis. ; London and Westminster, 68 to 69 ; Char-
tered Mercantile of India, 204 to 274 ; and Union
of London, 331 to 34. _

Financial glares are inactive. International
Financial, 2i} to 2i dia. ; London, 24 to 24 dia. ;
General Credit, 21 to 2k die. ; and Credit Fonder,
6f to dia.

United States 5-20 Bonds have advancad / per
cent., the present price being 74:4- to ; Erie Rail-
way shares are quoted 46/ to 47f, showing a rise
of I per cent. ; and Illinois Central, 85 to being
unaltered.

Anglo-American and Atlantic Telegraph Eight
per Cent. Preference shares are without changt—
the former 18/ to 1, and the latter at 31 to 4.
Hudson's Bay shares have relapsed 2s. (id., vir.,
to 15 to 4, the rise of yesterday having induced
some realisations.

The liquidators of the Imperial Mercantile
Credit Association (Limited) have sent a circular
to the shareholders, in which they state that, with
a very few exceptions, they have succeeded in ob-
taining the assent of the creditors to the arrange-
ment proposed in their report of the 14th of June
last, subject to a few modifications, which have
been submitted to and approved by the
committee. Under this arrangement the
balance of the claims of the creditors is
payable by six equal half-yearly instalments, the
first of which will fall due on the 30th of December
next, and the rate of interest on their respective
debts is reduced from 11 per cent. per annum to 5
throughout the liquidation, thus saving about
77,0001. It is added that, in the absence of any
proposal from the shareholders by the Lit of
December for the payment of overdue calls, appli-
cation will be made to the Court of Chancery fur
power to enforce the same without further delay.
A general meeting of the shareholders of the
London Joint-Stock Bank will be held on the 16th
of January, to receive the report of the directors
and announcement of dividend.

An ordinary meeting of the Anglo-Euptiau
Banking Company is convened for the 29th inst.
An extraordinary meeting of the Zealand Rail-
way Company will be held on the 20th of Dec.,
at Copenhagen, "In order to decide whether, ac-
cording to the law of the 21st Juno last, a line
should be made through South Zealand, and from
the north coast of Falter to Nykjoping, for ac-
count of the company."
. . .

About 62,0001:in bar gold was withdrawn from
the Bank yesterday for the Continent.
The announcement of the arrival of the steamer
Douro, from the West Indies, was received with
great satisfaction in the City. The details of her
news did not come to hand during business hours.
It appears that no mails or specie were lost in the
steamer Rhone. The Douro has brought 179,0001.
in
l s
The undermentioned gentlemen have joined the
I board of the Alliance Bank, via.:—Mr. Charles J.
Venables' et the firm of Venables, Tyler, and Son ;
Mr. Richard Beall, of the firm of Tapling,
and Co., and formerly of Bradbury, Gretorex, and
Beall ; and Mr. James McMaster, of the firm of
J. and W. 3. iieMast,:r' C::::141a merchants.
The London and South Western Railway traffic
return shows this week an increase of 4221. over
the corresponding period of 1866 ; the London,
Chatham, and Dover, including the Metropolitan
Extension and branches, an increase of 9801. ; the
Metropolitan Extension separately, an increase of
1821. ; the Lancashire and Yorkshire, an increasel
of 2,021. ; the North Eastern, an increase of 3,5651. ;
the Manchester, Sheffield, and Lincolnshire, an
increase of 22/. ; and the North British, an in-
crease of 1,1721.
In anticipation of the adjourned meeting of the
Great Eastern Railway Company, fixed for the 2:lnd
inst., Messrs. James Goodson, M.P., H. J. W.
Jervis, George Josaelyn, and Colonel Palmer, the
four directors who have refused to resign, have
issued a joint circular, in which they state that in
the event of the meeting passing a vote for their
removal, they will " decline to recognise its legality
until confirmed by a court of law." Separate state-
ments have likewise ben issued to the share-
holder,' by the three last-mentioned gentlemen, but
want of space prevents our referring to them at any
further length.
An extraordinary general meeting of the Lang-
ham Hotel Company (Limited), is called for the
28th inst., " when the directors will report as to
the company's position." It is also proposed to
make certain alterations in the articles of associa-
tion.
The rise in Hudson's Bay shares was caused by
the speech of Lord Monck to the Canadian parlia-
meat, in which ho alludes to the Canadian
dominion, under the act of union, as founding al
"new nationality" that "will ere long extend its
bounds from the Atlantic to the Pacific Oceans," and
"invites the consideration " of the two houses "to
the important subject of western territorial exten-
sion." The fertile western territory of the Hudson's
Bay Company intervenes between Canada West and
BntishCohimbia ; and thesnpposition, founded both
on geography andonthe views of the Canadiandele-