The Express.
London, England, 1867-11-15 00:00:00

TO THE EDITOR OF THE EXPRESS.

SIR, —I am instructed to inform you that the annual
meeting of the company will be held on the 1.411 of
December, but that the operations of the last financial
year will not warrant the recommendation of a dividend in
the report. The directors are, however, glad to be enabled
to state that the terms of a contract for a lengthened
period for the new and increased mail services to and from
India and China have been agreed upon with the govern-
ment, and that the contract will be submitted to parlia-
ment for approval in the approaching special session.—l
am, C. W. HOWELL, Secretary.
London, Nov. 14.

The London and South Western Railway traffic
return shows this week an increase of 1,240/. over
last year ; the London, Chatham. and Dover,
including the Metropolitan Extension and
branches, an increase of 1,228/. ; the Metropo-
litan Extension separately, an increase of 230/. ;
the Lancashire and Yorkshire, an increase of
1,8051. ; the North Eastern, an increase of 3,8611.;

the Manchester, Sheffield, and Lincolnshire, an
increaae of 3061. ; and the North Britiah, an in-
crease of 6781.

At the extraordinary and annual general meet-
ing of the Gresham Life Assurance Society, held yes-
terday, the report stated that the new premiums
for the year were 39,6561. 17s. 11d. ; the annual
income, 297,6991. Ba. sd. • and the ralised assets,
1,026,4821. The report 'further stated that the
company had in hand 70 per cent. of the premiums
received on current assurances. A bonus of 802000/.
was declared for the two past years.
With reference to the Cavour Canal Company,
a circular has been issued from the " General
Agency (Limited)" of Cannon-street, to the fol-
lowing effect :
A notice having been issued by the tribunal of bank-
ruptcy, at Turin, requiring all creditors of the Italian
Irrigation Company to prove their debts without del4y,
the committee have made arrangements with the It tlian
Consul-General for the verification of your claim, at the
above offices' on and after the lath inst. A consular
officer will be in attendance here daily (Saturdays excepted)
from 12 to 1 o'clock, when you will be required to exhibit
your bonds for his satisfaction.

The dividends duo the let December on the
Chilien Four-and-a-Half per Cent. Loan are adver-
tised for payment in due course by Messrs. Baring
Brothers and Co.

With reference to the colonial wool sales, which
began yesterday, Messrs. Dutton and Ferry report
as follows :
The fourth series of colonial wool sales commenced this
day ; the catalogue comprised 4,737 bales, viz. :—Sydney,
86t bales ; Port Philip, 420 ; Adelaide, 71 ; New Zealand,
424 ; Cape, 2,499 ; total, 4,237 bales. There is a fair at-
tendance of home buyers, but a very limited one of foreign.
Prices, as compared with last sales, show a reduction of Id.
to IA. per lb. on Cape, id. per lb. on Sydney, whilst there
is little or no alteration on Port Philip. The arrivals up to
date are as follows:—N. S. Wales and Queensland, 19,145
bales ; Victoria, 8,778. Tasmanla, 742 ; South Australia,
2,330 ; West Australia. 108 ; New Zealand, ; total
Australasian, 38,828 ; Cape of Good Hope, 48,W2 ; held
over from the previous sales, and se. and hand, about 23,000;
total colonial, 112,430 bass.

The following is the official return of the cheques
and bills cleared in the Bankers' Clearing-house
for the week ending Wednesday, Nov. 13.
1867 Return of Paid Clearing for the week tailing Nov. 13,

Thursday, Nov. 7 211,131,000
Friday, Nov. 8 10,444,000
Saturday, Nov. 9
Monday, Nov. 11
Tuesday, Nov. 12
Wednesday, Nov. la 9,267,000

£5'.1,072,000
GEO. DERBYSHIRE, Chief Inspector.
Bankers' Cloaring-house.
The weekly return of the Bank of France shows
the following changes :

Coin and bullion
Bills discounted lncrease 316,000
Notes in circulation
Private deposits lncresee 480,040
Advances lncrease 24.000
Treasury balance
The coin and bullion are again steadily rising.
There is also an increase of moderate amount in
the bills discounted.

The return of the Bank of England for the week
ending Wednesday, Nov. 13, compared with that for
the previous week, shows the following changes :
Circulation issue £36,150,313 Decrease £.,7,1F5
Circulation active 24,149,850 Decrease 457,265
Puldic deposits 5,145,163 Decrease 251,7:.4
Other deposits
Government securities in

banking department 12,319,203 Decrease 572,000
Other securities in banking
department 16,682,646 Decrees. 105,996
Coin and bullion in both

departments _ _ W.,MEI,BOG Decrease 94,491
Seven day and other bills 634,180 Decrease 14,..27
Tho Rest 3,064,9r9 Increase 5,4:4
Notes in reserve
Total reserve (notes k coin)
in banking department... 13,049,136 Increase 30,7 74
The deposits have declined, but, owing to the
diminution in the government and " other" secu-
rities, the reserve shows an increase of 362,7741.
The diminution in the government securities held
by the Bank can only be explained by the supposi-
tion that some transactions have taken place be-
tween the government and the Bank in the shape
of the former redeeming securities lodged with the
latter, and this view seems to be confirmed by the
fact that the government deposits have declined a
quarter of a million. In the coin and bullion there
is an unimportant decline.

BANK OF
An Account pursuant to the Ad
week ending on Wednesday, ill

14r11 DEPI
Notes lamed L3ti,1:4,313

06.150,:1i

DANCING DI
Proptietan' Capital 214.614.000
Beat
Public Depadta (ta•
eluding Exchaq.,
Saw. Hanka, Com-
mis. a National
Debt, and Div.

ENGLAND.
I 7th and ath Vie., e. 32, Inv the
Ito 13th day of November, 15C7.
'ARTIEXT.

CiOvernnient debt.. L11,015,10(1
tither se,tuitian 3,10010
Ovid coin and J.

-11;e-- --
21,130,515
Slaver hall= —

lAAT~II.

=.150 ~.:Is

ioieyTnisiiis son-

s wen
Other Socuntke 11,6€2 :443
Notes
Gold and Bihar

Cola I,oSmfl

ACPsuits7 5,145,1e3
Other Deposita .... 18,141,673
&vets dy aad other
634,180

4142,001,00 S

Z 42,091,045

Nov. 14.1157.

F. MAY. Deputy Cambia.

TIWRSDAT ET Q.

Consols. which closed yesterday at 93} to /, ex
div., for the bth December, opened this morning
at the same quotat'on, and closed at 931 to 1.
For money the last price was 94;:' to /, with div.
The Three per Cents. Red aced and New Three per
Cents. were quoted at 3 o'clock 93/ to 1. The
official business report is as follows :—Three per
Cent. Consols, for money, 941 fr. I ; ditto,
for account, 931, /, ex div. • Three per Cents.
Reduced, 931, 3 ; New Three per Cents., 931, 3,
; ditto Two-and-a-Half per Cents., 77 ; Bank
Stock, 246, 4 ; India Five per Cent. Stock, 1151,
1, 15; ditto Four per Cent., 1001 ; ditto Five
per Cent. " enlaced " rupee paper, 1034 ; ditto
Five and-a-Half per Cent. 1091, 83.

Bank of England stock declined 11.—viz., to
244/. to 2461.

The India Five per Cent. stock was again in
demand, and was dealt in as high as 1151.
Exchequer Bills remain at 28s. to 31s. prem.
In the foreign stock market there were fewer
dealings, but the tendency of prices, on the whole,
was not unfavourable. Spanish Passive Bonds
were in renewed request, anti advanced 1 per cent.
The New Three per Cents. and Certificates rose 1
Greek, ; and Russian of 1859 and Turkish of
1858, Russian of 1866, however, declined 1
per cent., and some of the Egyptian bonds Ito 1.

The dealings in bank shares were not numerous,
but the tone of the market was rather better than
yesterday. Agra (B), London and County, and
Union of Treland were in request, and rose V.,
while Anglo-Italiandeclined 11., and London Char-
tered of Australia 10s. Anglo-Austrian Bank
shares have risen to 2/ to 3 prem., owing to a
demand from Germany, where the management of
this bank, both at Vienna and London, has given
it a great reputation. All through the political and
financial crises of tho last twelve months this bank
has continued to improve steadily both in price
and in public confidence.
As regards financial shares London Financial
improved 10s. , while Credit Foncier showed dulness.
Prices were quoted as follows :—lnternational
Financial, 24 to 24 disk • General Credit, 24 to 2
die. ; London Financti;l, 24 to 23 du. ; and
Credit Foncier, 6/ to 64 dis.

Atlantic Cable shares were steady. Anglo-
American closed at 18} to tj ; Atlantic Tele-
graph Eight per Cent. Preference, at 3i to I ; and
Telegraph Construction, at 151 to 16.
Hudson's Day shares were last quoted 14J to 15,
and National Discount 61 to prem. In the
market for miscellaneous shares the most impor-
tant change was a rise of about 31. in Peninsular
and Oriental Steam, owing to the announcement
that the company have obtained a new contract,
and to a belief that the terms are much more satis-
factory than those of the o'.d service. Electric
Telegraph improved 1/. ; and Land Securities ss.
but tipper Assam Tea fell 13s.

6nithheadBCot4
Mth
Amiga

Told

LIVERPOOL corroN AND CORN MARKETE.
(THIS DAY.)
(lIT TZLISSILLPH.)
r
(P,"`II Oro oww 0011112111PONDIMIT.)
_

marset gnkt Balss about 8,000 bales.
...Arket fairly attended. Wheat—flee qua-
lities suppor: I.te rates inferior slightly in favour of
buyers. Flour quiet, and nominally unchanged. BOW
12. per qr. dearer ; 411. to 4Zia. bd. Oats dull, awl
"d. per bush!! lower. Oatmeal in moderate demand at
late rates. la tri corn in fair supply at Gd. per ;Ir. Me-
dina; paste.. t,e. to 495. lid.

WAKEFIELD CORN MARKET.-(THIS DAY.)

IT TIO.RORAPH
(P7".11 OCR OWN CORRESPONDENT.)
Wheat trade Mtn at last week's rates, with more
disposition for business. Barley, beans, and oats sui.port
former quotations.

Wheal &Max Msll.l Oasa Naar.
ve. ors. v.. IVC 111
...
4.24.1 1110 430 (0 7llO
• eti3o mg 7 34470111
13919
:2790 I son 490 351:30 rThisis
Max% 310 gra