The Express.
London, England, 1867-12-02 00:00:00

NONNI MARKET.--(THIS DAY.)

this o'Ogota.

Owing to the additional sales for a fall, the
stock markets opened this morning at a fresh re-
duction, especially as regards home railway securi-
ties. Caledonian was pressed for sale, and was
dealt in as low as 71, being If per cent. worse.,
The temilency is now somewhat better, and this
stock,has recovered to the last price of Saturday.
In. dome other instances, however, a decline of
to 1 is observable. Consols have improved
1-16 per cent., and a few of the fc reign stocks f to
f. Bank shares show firmness, but tinanclal are
neglected. Colonial government securities meet
with inquiry, in consequence of the satisfactory
result of the tenders on Saturday for the Ceylon
debentures.

In the discount market the quotation for the
best paper is firm at If per cent., though the de-
mand is rather quiet. It is thought that the rate
will soon approximate to that of the Bank, in con-
nexion with the increased inquiry usually expe-
rienced at the end of the year. There is little de-
mand for short loans in the Stock Exchange, at 1 to
14 per cent.

Consols are quoted 942 to 1, with div., for
money, and 934 to g, ex div., for the account
(December 5). The Three per Celts. Reduced and
New Three per Cents. are steady at 93 to 93,i.
The railway market is rather firmer than at the
commencement of business, yet several of the prin-
cipal stocks are lower than on Saturday. Great
Northern original and A have declined 3 to
1 per cent., 'Midland 4, Metropolitan 11, and
North British and Brighton, f. Subjoined are the
quotations :—Metropolitan, 118 to 4 ; Great West-
ern, 441 to ; London and North Western,
113# to f ; Midland, 111 to ; Lancashire and
Yorkshire, 122 to 123 ; Caledonian, 724 to 73 ;
South Eastern, 661 to 67 ; Great Eastern,
301 to ; Great Northern, 105 to 106 ; ditto A,
1084 to 104 ; London, Chatham, and Dover, 194
to ; North British. 324 to 33 ; Brighton, 514
to 52 ; Berwick, 99} to 100 ; and York and North
Midland, 93} to 94f.

The foreign stock market is rather firm, and a
rise of fto per cent. has occurred in Greek,
Spanish Passive, and New Three per Cents, and
Italian of 1861. The present quotations are as fol-
lows:—Turkish of 1862, 62 to 63 ; ditto of 1863, 331
to 1 ; Greek, 13 to 1 ; Spanish Passive, 241 to k ;
ditto New Three per Cents., 35/ to 1 ; ditto
Certificates, 181 to 191 ; Italian of 1861, 461 to
; Egyptian, 85} to 861 ; and Mexican, 15/ to
American securities aro in request, and have ad-
vanced. The 5-20 Bonds are quoted 711 to 1,
showing a rise of j per cent. ; Erie Railway shares,
47f to 481, being per cent. higher ; and Illinois
Central, 88/ to 891—an improvement of 11 per
cent.

Anglo-American Telegraph shares have declined
2e. 6d., viz., to 18i to f ; but Atlantic Telegraph
Eight per Cent. Preference are unchanged, at 4 to
4i. _ _ _

Bank shares are firm, with a moderate amount
of business, oonsisting chiefly of purchases. Union
of London have risen 11., the present price being
34} to 35} ; London and Westminster are at 69
to 70 ; Alliance, 12 to 11 dis. ; Imperial Ottoman,
Ito 11 dis. ; London and County, 52 to 54 ; and
Oriental Corporation, 43 to 44.

Financial shares are without variation. General
Credit, 21 to 2 die. international Financial
are at 2# to 24 dis. ; London, 24 to 23 dis. ; and
Credit Foncier, 61 to 6f die.
Messrs. Baring Brothers and Co. have issued a
notice reminding the holders of Spanish Passive
Bonds that the conversion of the Spanish Passive
and Deferred Debts of 1831 will definitively close
on the 31st December next.

The annual meeting of the proprietors of the
London and Westminster Bank will be held on the
15th of January, to declare a dividend.
A meeting of bondholders in the Italian Irriga-
tion Company, who have not joined the Bond-
holders' Protection Society, is called for the sth
mist: " For the purpose of taking such steps as
may appear necessary to protect the bondholders
interests in the present perilous position of the
company."

A petition for the winding-up of the London
Chemical Company (Limited), is to be heard
before Vice-Chancellor Stuart on the 13th inst.

The mails from India, China, and Australia,
have reached Suez, and are expected to be delivered
in London about the 11th inst. Subjoined are
the dates: Calcutta, Nov. 10; Point de Galle,
Nev. 17 ; Shanglise, Oct. 26 ; Hong Kong, Nov.
1 ; Melbourne, Oct. 28 ; and Sydney, Oct. 24.

HALF-PAST ONE O'CLOCK.

Consols and foreign bonds are steady, at the
above quotations, but some of the English railway
stocks have receded I to 4 per cent since 1 o'clock.
Pending the publication of the report of the
Caledonian Railway committee of investigation,
great uncertainty prevails. The criticisms which
have appeared in various journals and pamphlets
have effectually shaken public faith in the com-
pany's aooounta, and this stock will doubtless con-
tinue to be a pivot whereon speculation in the entire
railway market may be expected to turn until, as a
result of the inquiry now in progress, a convincing
answer is afforded to the serious questions lately
raised.

About 10,000 sovereigns from Buenos Ayres
were sent into the Bank on Saturday.
The Mending°, from the West Coast of Africa,
has brought about 13,0001. in specie. The Shannon,
from Brazil, has reached Lisbon with 6,460/.
The Crown agents for the colonies disposed of
100,0001. of Ceylon G overnment Six per Cent. Deben-
tures on Saturday at their offices by public tender.
The applications were 97 in number, and amounted
altogether to 572,2001., at rates varying from 901.
Ito 1091. 3s. The minimum was fixed at 1081., above
which rate 319,5001. was applied for. All tender
at and above 1081. 13s. 6d. will receive in full, and
one at 1081. 13s. to the extent of about one-third.
This is the last instalmentof thee= of 700,0001. re-
quired for the completion of the Ceylon Railway from
Colombo to Kandy. The prices obtained afford
another proof of the favour extended by the Eng-
lish public to colonial government securities.
A circular has just been forwarded to the
shareholders of the Panama, New Zealand, and
Australian Royal Mail Company (Limited).
The effect which the prevalence of yellow
fever in the West Indies has had upon the
traffic between this country and the Austra-
lasian colonies aid Panama is sufficient to account
for the nonpayment of an immediate dividend by
the company. In considering, however, the com-
pany's expectations of a really profitable trade, it
must be borne in mind that the service is well per-
formed, and that there is no reason to apprehend
for some years to come another outbreak of the
fever in the West Indies.
The twenty-third half-yearly general meeting of
the proprietors of the Scinde Railway Company (in-
cluding the Indus Steam Flotilla, Punjaub and
Delhi Railways) will be held on Monday, the 23rd
December.
An extraordinary general meeting of the Mauri-
tius Land Credit and Agency Company (Limited)
will be held on the 17th December.
Creditors of the East India Cotton Agency
(Limited) are required to send the particulars of
their claims to Mr. G. T. Hart, of Moorgate-
street. the official liquidator, by the 10th De-
cember.