The Express.
London, England, 1867-02-26 00:00:00

MONEY MARKET.-(THIS DAY.)

013 o'esoow.

The markets for public securities present a very
quiet appearance to-day, the amount of business
being decidedly small. The fortnightly settlement,
which has just commenced, shows a somewhat in-
creased supply of stock from the public, but the
rates for continuing transactions to the next settle-
ment are light, owing to the abundance of money
seeking employment in the Stock Exchange. Con-
sols have declined 4 per cent., and several of the Bri-
tish railway stocks to }. Great Western has fallen 1,
upon unfavourable rumours with reference to the
forthcoming half-yearly dividend. As regards
foreign bonds, Greek, Spanish Passive, and the
Committee's Certificates have given way. Banking,
financial, and miscellaneous shares are without
change of importance.

The applications for discount are upon a mode-
rate scale, and the best three months' paper is
freely taken at per cent. below the Bank rate.
The charge for short loans in the Stock Exchange
is 1 to 2 per cent.

Consols are now quoted 90/ to 91 both for
money and the account (March 7).
Foreign stocks are flat, and a reduction of to
per cent. has occurred in Spanish Passive, the
Committee's Certificates, and Greek. Turkish of
1865 are also I lower. Turkish Bonds of 1865 are
quoted 30i to / ; Greek, 1511 to 16 ; Spanish
Passive, 221 to / ; ditto Certificates, 14i to ;
Italian of 1861, 64 to / ; Mexican, 17} to I ;
Russian Scrip, 21 to prem. ; Chili= Scrip, 2i
to 2 dis. ; and Danubian Scrip, I dis. to par.
United States 5-20 Bonds are unaltered, at 73/
to but Erie and Illinois Central railway shares
have improved to per cent., being quoted 37 to
/, and 77 to 1, respectively.

Atlantic Cable shares are steady. Anglo-Ame-
rican are quoted 151 to a, and Atlantic Telegraph
8 per cent. Preference, 21 to 1.
International Financial shares are quoted 21
to 21 dia. ; London Financial, 181 to 17} dis. ;
General Credit, 2i to 2/ dis. ; Credit Fonder,
51 to I clis. ; National Discount, 8j to 1 prem.,
ex div.; and Hudson's Bay, 161 to 1.
The obligations of the Dutch Indian Railway
Company are quoted 1 to 1 prem., showing a de-
cline of I per cent.

The applications yesterday for the 339,0001. of 4
per cent. guaranteed obligations of the Dutch
Indian Railway Company were very numerous,
and chiefly from bona tide investors, to whom this
loan is especially adapted. It comes on the
Lordon instead of the Dutch market, because, by
means of a well-organised syndicate, the whole
amount has been taken outright here in the first
instance. Transactions occurred to some extent
in the afternoon at 1 to If prem.
The annexed memorandum is from the Com-
mittee of Greek Bondholders :

Founder's•court, Lothbury, Feb. 25.—Rumours having
of late been current of negotiations being in progress for
the liquidation .4 the Greek debts of IS2I and 1b25, the
Committee of Greek Bondholders think it right to state,
for the information of the parties interested, that nothing
of a strictly official character 68A yet reached them ou this
subject. As soon as a proposal of a definite nature shall
be officially made, the committee will consider it their
duty to all a meeting of the bondholders to take the same
into their consideration.

About 15,000 sovereigns were withdrawn from
the Bank yesterday for Alexandria.
The arrivals of specie are upon a limited scale.
The China, from Alexandria, has brought only
2,5191., and the Africa, from Boston, 1,380/. The
shipments of gold from Melbourne to England,
however, exhibit an increase, the total despatched
during the month of January amounting to
498,0001. The sum sent to Point de Galle and India
in the same peried was 168,0001.
The South Eastern Railway traffic return shows
this week an increase of 1,1411. over last year,
and the London, Brighton, and South Coast an
increase of 1,7831.
The traffic return of the Grand Trunk Railway of
Canada for the week ending the 2nd inst. shows
a decrease of 4,289/. compared with the corres-
ponding period of 1866 ' • and that of the Great
Western of Canada, for the week ending the Bth
Feb., an increase of 1,1761.

At the meeting yesterday of the British Colonial
Steamship Company, the directors' report was
adopted. It stated that a balance of profit has
accrued on•the year's working, notwithstanding the
serious depression in trade and the monetary dis-
turbance. The balance-sheet shows a surplus of
6,6341., out of which a dividend was declared of
Ms. per share. It was also decided that a further
sum of 2,3391. from the same source together with
1,6611. at credit of the forfeiture of shares account,
making a total of 4,0001., shall be written off the
value of the ships, leaving 7011. to be carried
forward.

The annual meeting of the Atlantic Telegraph
Company is called for the 12th of March, " for the
purpose of receiving a report from the directors
and a statement of the company's account, for the
election of directors and auditors, and upon the
general business of the company."

An extraordinary general meeting of the Crystal
Palace Company is called for the 14th of March, to
consider the proposed bill for enabling the com-
pany to raise 100,0001. by an issue of preferential
capital.
The half-yearly meeting of the Ottoman (Smyrna
to Aidin) Railway Company is called for the 29th
of March, and will be made special, "for the pur-
pose of considering the financial position of the
company, more especially in reference to the dis-
charge of the debentures (250,000/.) which fell due
on Ist May, 1866."

The liquidators of the Scinde, Punjaub, and
Delhi Bank Corporation (Limited), Messrs. A.
Young, A. F. Hewett, and J. H. Norman, have
just issued a circular in which they state as
follows :

As liquidators of the above company, we have now to
inform you that we have received the necessary powers
from Calcutta, authorizing the cancellation of the contem-
plated arrangement with the National Bank of India
(Limited). We have also to inform you that, in accord-
ance with the decision, given yesterday, by the Court of
Chancery, the holders of the first and second issue, of
shares, whereon the sum of 1041 per share has been paid.
are entitled to have returned to them the sum of 5/. per
share, in order to place them on an equality with the
holders of shares of the third issue, whereon the sum of
5/. per share only has been paid. Although it is possible
that an appeal may be made against this decision, we have
determined to return immediately to the shareholders of the
first and second issues the sum of (W. per share, and to the
shareholders of the third issue, who have paid up their
calls in full, the sum of 1/. per share.
-

Creditors of the Saloon Steam Packet Company
(Limited) are required to send the particulars of
their claims to Mr. William Turquand, the official
liquidator, by the Ibth March, the 11th April
having been appointed for adjudicating upon them.
Messrs. Gibbons and Bishop, the liquidators of
Frederick Symons and Co. (Limited), have ap-
pointed the Bth March to settle the list of con-
tributories. _ .

A petition for the winding up of the Norwegian
Copper Company (Limited) is to he heard before
V ice-Chancellor Wood on the 2nd March.

The directors of the Imperial Land Company of
Marseilles (Limited) have issued a long report, in
anticipation of the meeting called for the 28th inst.
It describes at considerable length the position and
proceedings of the company, and is marked by a
strong hopeful tone, but many of the points have
already been referred to in the report recently
issued by the directors of the Credit Foncier of
England.

MONDAY EVINDMI.

Consols, which closed on Saturday at 904 to 91
for the 7th of March, opened this morning at the
same quotation, and closed at 91 to k.
For money the last price was likewise 91 to 1.
The official business report is as follows :—Three
per Cent. Consols, for money, 904, 1, ; ditto,
for ;
account,
91, 1, Three per Cents. Reduced,
901, 4,:i, ; New Three per Cents., 90t,