The Express.
London, England, 1866-02-13 00:00:00

JOINT STOCK ELMS.

I Pd I CI. Weft

HONEY H

Ozva o'Clocur.
There is an increased amount of business in the
stook markets to-day, and the variations in,
prime are nearly all favourable, although
attention is partly directed to the settle-
ment
of the fortnightly account. Consols have
advanced I; per cent. ; and English railways and
foreign stooks, Ito }. Grand Trunk of Canada
railway stock hal improved 1 per cent. The shares
of the financial companies are also in de-
mend, and exhibit an upward tendency.
London Financial are especially firm, and have
risen 124. 6d. An advance is also observable in
Credit Foncier end Mobilier, and Overend, Gurney
and Co., but Joint Stock Discount have again
given way.
The discount market is quiet to-day, but the
general rate for good bills is 8 per cent., very few
transations being reported at 71. The charge for
short loans in the Stock Exchange is 7 to 8 per
cent.

Consols are now quoted 87 to for money, and
87# to I for the account (March 8).
In the foreign stock market the demand is
chiefly for Italian and Mexican bonds, which have
risen 4 and 4 per cont. respectively. Spanish Passive
have also improved 4, the Committee's Certificates
and Brazilian Scrip, 4. The quotations are as fol-
lows :—Greek, 13 to ; Mexican, 224 to ;
Spanish Passive, 276 to # ; ditto Certificates, 16 to
f ; Turkish, 1865, 384 to ; Brazilian scrip, Ito
f prem. ; Egyptian scrip, ito prem. ; and
Italian, 1861, 604 to 61.
American securities exhibit no variation of im-
portance. 5.20 Bonds are quoted 67 to 4 ; Erie
Railway shares, 514 to 52 ; and Illinois Central,
744 to 4.
International Financial shares are now quoted
it to 4 prem., ex div. ; General Credit, li to 4
prem. ; London Financial, 24 to 2 die., ex div.;
Imperial Mercantile, 4 to 4 prem., ex div. ; Credit
Fonder and Mobilier, 3to prem. ; Overeiud,
Gurney, and Company, 4to prem. ; and Joint
Stock Discount, 64 to 54 die.
The shares of Charles Laffitte and Co. are
nominally quoted 3 to 34 prem., and Mont Cenis
Railway 1 to 14 prem.
At Hamburg, on Saturday, the rate of discount
was only 34 per cent.
The subjoined memorandum, relative to the Ve-
nezuela Loan of 1864, is from the General Credit
Company :
VsarzzuaLs Su rsa Czar. Loss, 1864.—The General
Credit and Finance Company of London (Limited) are is
receipt of adv;oes from their agents, Mews. H. L Boalton
and Co., dated La Guaira, Jan. 25, 1866, of duties col-
lected (sod remitted) oo ancouct of the store Loan, as
follows :—Per statement No. 44, from Cuidad Bolivar,
121 dole. ; No. 75, from Puerto Cabello, 6,708.40; No. 76,
ditto, 1,436.46; No. 62, from La Guaira, 542.30 ; No. 63,
ditto, 1',583.22 ; total, 20,391.38 dole.
The amount of gold taken to the Bank yesterday
was 6,0001. There is still no demand for abroad.
The Atrato, from the West Indies, has brought
227,0001. in specie ; and the Star of Peace, from
Melbourne, 47,0001. ; making together 274,0001.
In the absence of demand for the East, the silver
market remains very fiat. The present quota-
tion for bars is se. lid., showing a fresh decline
of id.
be London, Brighton, and South Coast Railway
traffic return shows this week an increase of 1,4041.
over last year ; and the South Eastern, an increase
of 11,5771.
The adjourned meeting of the Joint Stock Dis-
count Company (Limited) will be held to-mor-
row pro formd, and then adjourned for a week,
to allow the committee of shareholders time to
oomplete their report.
The preparations yesterday for to-morrow's settle-
ment in shares and foreign stooks show that the
public have bought rather than sold during the
last fortnight. The consequence is that the rates
of "continuation" have in many cases become
materially lighter. This remark applies especially
to the shares of some of the financial companies
and of the Alliance Bank. Grand Trunk of
Canada Railway stock has proved so acme at the
present settlement, in consequence of the extent to
which it has been absorbed by operators for a
rise, that the adverse speculators have in some
cases been obliged to pay 1 per cent. " back-
wardation," or bonus for the loan of the stock
for only a fortnight. The following may be
regarded as representing the average rates current
yesterday :
Great Western stook l-16 to 3-16 conk
Lancashire and Yorkshire -16 to 7-16 ~
London and North Wasters • • d „
Midland -16 to 5-16
Great Northern
Ditto A
Metropolitan
1-16 to 3-11 „
South Eastern
Sheffield 3-16 to 546
North Fasters—Berwick
Ditto—York .. 5-16 to 7.11 „
North Britidi -16 to 6-16 „
Great &stern 3-32 to 5-32 ,
Greed Trunk of Canada
Great Western of Canada 99
to 1-16 d. conk
Erie
Ditto New Loan 3-16 to 6-16 „
Illinois Nutria, paid up
Luxembourg
General Credit
Hudson's Bay la. Od. to ls. 6d. „
internatiooal Financial
Milano, Bank
()versed, Gamey, and Co 6d. to 10. Oci. „
Greek
Glenda -16 to i
Meadow
Ditto, 1864 • 8 to 10 *
Spanish Nagy,
BpssishOertiliestes -32 to 3-32 „
Turkish 1865 Loan l-16 to 3-16 „
United States 5-20 Beads
Virginia 6 per Oasts.
A statement, prepared by Messrs. Quilter, 8111,
and Co., the accountants, with reference to the
affairs of Mr. Thomas Sevin, the railway contrac-
tor, has just been circulated amongst the creditors.
It shows a large nominal surplus, wholly depen-
dent, however, upon certain important contingen-
cies.
The first annual meeting of the Lion Brewery
Company (Limited) will take place ou Thursday,
the 29th inst.
A branch of the Union Bank of Ireland has this
day been opened at Bruit, county of Limerick,
under the management of Mr. Williamson.
The traffic earnings of the Great Western Rail-
way of Canada for the week ending January 26
were 11,4171., against 9,2961. for the correspond-
ing week of 1865, showing an increase of 2,1201.
The half-yearly meeting of the Great Western
and Breutford Railway Company is called for the
ness
27th inst. and that of the Sittingbourne and Sheer-
Railway Company for the 28th just.
The English Joint Stock Bank have been ad-
mitted members of the Clearing House. Hitherto
the privilege has been accorded by virtue of the
amalgamation with the old firm of Olding and Co.
A petition for the winding up of the National
Horse Insurance Company (Limited) is to be heard
before the Master of the Rolls on the 17th inst.
The Peninsular and Oriental Company's steamer
Jeddo, the wreck of which has just been announced,
registered 1,632 tons, and Lad engines of 450 horse
power. She traded between Bombay and Suez and
Bombay and Chins. The company are their own
insurers.