The Express.
London, England, 1866-03-01 00:00:00

XONEY KILIZEBT.-02178 DAL)

Oil co'Osoem;
The distinct contradiction to-day of the Times
rumour of yesterday, that Lord Russell had re.
signed his post at the head of the government, has
been followed by a rise of 1 per cent. in the funda.
Other securities, however, including British rail.
ways foreign stocks, and financial shares, are mostly
unchanged, the transactions being dill very limited.
' Spanish News and Certificates show claimed
As was expected, no change to-day has been made
in the Bank of England rate of discount.
Owing partly to the approach of the 4th of the
month, there is a good demand for money to-day,
but transactions continue to be effected in good
bills at t per cent, below the Bank minimum. The
rate in the Stock Exchange for short advances on
English government securities is 7 per oent.
The purchase by the government broker to-day
comprises 15,0001. Three per Cents. Reduced.
Consols are now quoted 871 to for money, and
wri to 1 for the account (March 8).
Foreign stocks are inactive, mil the only change
in the speculative descriptions is a decline of 1 pee
cent. in Spanish Passive and. Certificates. The
quotations are as follows ;--Greek, 14 to 4 ;
Mexican, 224 to 231 ; Spanish Passive, 271 to 4 ;
ditto Certificates, 161 to 4 ; Turkish, 1865, 374
to 38/ ; Bradlian scrip, 2 to 1 prem. ; Egyptian
scrip, to jE prem. ; and Italian, 1861, 601 to 611.
American securities are firm, but the only varia-
tion is an improvement of 1 per cent. in 5-20 Bonds,
which are quoted 704 to 7L Erie Railway shams
are steady at 55 to 1, and Illinois Central at 78 to 4.
International Financial shares are now quoted
1 to 4 prem. ; General Credit, 1 to 11 prem. ;
London Financial, 21 to 2 die. ; Imperial Mer.
candle, 1 to 11 prem.; Credit Fonder, 31
prem. ; Overenl, Gurney, and Company, 44 to
prem. ; and Joint Stack Discount, 64 to 6 din.
The shares of the Imperial Land Company of
Marseilles are quoted n to 3 prem.
The steamer Rhone has reached Lisbon from
Brazil with 50,0001. in specie.
Halal-WIT Thais o'Crocs.
Consols are / per cent lower, at 87 to 4 foe
money, and 871 to for the account.
About 5,0001. in gold has been sent into the
Bank.
The Midland Railway traffic return shows this
week an increase of 3,3491. over the corresponding
week of last year ; the Great Northern an increase
of 1,2241. ; the Great Western an increase of 3,047/.;
the Great Eastern an increase of 2,1531. ; the London
and South Western au increase of 2,0511. ; and the
London and North Western an increase of 6,9341.
At the meetingyeaterday of the Joint Stock Dig.
count Company (Trotted) the recetutieradion of the
committee in favour, of the election of seven new
directors, including three of the members of the
committee, was agreed to, and the new board were
authorised to add five gentlemen to their present
number. Three auditors were also appointed.
The chairman mentioned that the old board will
forthwith carry out the recommendations of the
committee and the wishes of the meeting, by for-
mally electing the new directors.
At the meeting of the General Exchange Bank
(Limited), held yesterday, the directors' report was
adopted. It stated that the balance-sheet exhibits
a gross profit of 13,0001. on stew months' working
of the capital, and recommended a dividend at tha
rate of 71 per cent per annum. The shareholders
in the bank number 2,200.
The meeting of the Dagenham (Thames) Dock
Company took place yesterday, when the directors'
report, which has already been published, was
adopted.
The following is from the report of the directors
of the English and Swedish Bank (Limited), to be
presented at the second ordinary general meeting
on the 14th March :
The directors have the pleasure to submit to the slave.
holders the sanexed stator;! 0; utobtr.: for the 1114*.
ma 1.! last, duly vouched by the &mu.
tan. Os reference to the balance-sheet it will be found
that the gross profits for this period, Including a cam of
6,2381. 19s. sd. brought forward from the last amount.
amount to 33,7871 Vs. 4d., which, after deduction of our.
rent ezpsness. rebate of interest, &e., leaves an available
balance of 21,3471. 134.7 d. This the directors recommend
should be appropriated se follows :—.5.0001. to the total ex.
amnion of preliminary expenses; 13,6261. Ge. to the pay.
meat of s dividend of 14a per share. free of femme tax,
which, with the iatsetm dividend declared for the hall-yean
ending 30th June last, will be equal to • dividend al the
UM ft. Pd. to the pay.
rate of 6 per mat. for the year;
meat of oorne tax, leaving • balamie of 2,4924 4w Litt as
be carried over to the next mount Is the report sub-
mitted to the shareholders at their last lemma/ meeting;
mention was made of failures that had takes place is
Stockholm. The directors are happy to state that their
anticipation's/is well founded, the bank baying sustained
rio lees us the trassietioes alluded to.
The Delhi and London Bank have declared a
dividend at the rate of 9 per cent..per auuum for
the half-year ending the 31st December last,
payable on the Bth of March.
An extraordinary general meeting of the City of
Milan Improvements Company (Limited) is called
for Saturday, the 10th March, "at which it will
be proposed to dissolve the company, for the pur-
pose of reconstituting it as a company with a capital
of 900,0001., divided into 45,000 shares of 201. each,
each reconstituted company to bear the same name
as the original company, and to be governed by
articles of association similar (so far as in the judg-
ment of the directors practicable) to those of the
original company ; and at which it will be further
proposed to make provision for the allotment of the
shares in the reconstituted company to the pro.
prietora of shares in the original company and to
the public, according to certain regulations to be
submitted to the meeting." At a second extra-
ordinary general meeting, to be held on the follow-
ing Monday, the 12th, the foregoing proposals will
be submitted for confirmation.
An extraordinary general meeting of the English
and Australian Copper Company is convened for
the Bth March, for the purpose of confirming tho
resolution passed at a meeting held on the 22nd
inst.
We are requested to state that the Rev. A. D.
Campbell, M.A., of Gorlestou, Suffolk, and Captain
J. D. Milne, R.N., have joined the board of the
Saloon Steam Packet Company (Limited).
Formal notice is given that a petition for the
winding up of the Humber Iron Works and Ship-
building Company (Limited), by or under the an-
perv.sion of the Court of Chancery, is to be heard
before the Master of the Rolls on the 16th March.

. dla

111 I

Emma
Consols, which closed yesterday at 871 tot for
the 6.11 of March, opened this morning at 871, and,
after being offered at 87k, closed at 87k to 1. For
money the last price was 87 to 1. The official
business report is as follows ;—Three per Cent.
Consols, for money, 871, 1,7; ditto, for account,
871, ; Three per Cents. Reduced, 871, 6/, 71;
New Three per Cents., 871, 61, 71 ; Annuities,
1885, 13 13-16 ; Bank Stock, 247 ; India Five per
Cent Stock, 1021, ; ditto Four per Cent. Deben-
tures, 991, 100.
The government broker bought to-day 15,0001.
New Three per Cents. for the Sinking Fund.
Indian Government securities were quiet. Ex-
chequer Bills were unaltered at 6s. to 2s. die.,
In the foreign stock market the principal feature
was a demand for Turkish Bonds, which experi-
enced an advance ranging from to 1 per cent.,
the chiof movement being in the loan of 1858.
Spanish Passive also rose I ; Greek, Mexican of
1864, and New Granadian, 1 ; and Italian of 1861,
I. Ou the other hand, Brazilian and Egyptian
scrips were per cent. lower, and Danubian Bonds
showed dulness. The flatness of the scrip of the
Egyptian Railway Loan was apparently caused by
the present diversion of the attention of the specu-
lators to the New Chilian Loan.
The scrip of the New Chilian Six per Cent. Loan
has risen to 21 to 2k prem. It is announced that
Ino applications will be received after noon to.
morrow (Thursday).