The Express.
London, England, 1860-11-16 00:00:00

company's capital is fixed at 200,000/., in 40,000
!hares of fol. each. The board is respectably con-
stituted. _ _

—Tit; Prospectus of the Parsonstown and Por-
tumna Bridge Railway Company is also iu circula-
tion. It is propoded by this railway, which is to be
twelve and a quarter miles in length, to form a
junction with the Birr Branch of the Great
Southern and Western Railway at the Birr or
Parsonstown station, and, passing through Rivers-
town, to strike the River Shannon about half a mile
short of the town of Portunwa. It is pointed out
that "by means of this railway a direct connexion
will be established with the metropolis and the
whole south of Ireland." The names iden-
tified with the undertaking are chiefly those
of the landed interest in the locality, from whom,
it is stated, " large subscriptions have been se-
cured." The Marquis of Clanricanle, the Viscount
Avonmore, Lord Dunkellin, and Sir Thomas
Burke, Bart., M.P., are comprised in the list of
the provisional committee. The capital is to be
65,0001., in shares of M. each.

The report of the directors of the Danube and
Black Sea Railway and Kustendjie Harbour Com-
pany states that, the line having been opeo4
on the 4th October, one train a day
is now run each way between Kustendjie
and Tchernavoda. The directors anticipate
a very favourable result next year from au agree-
ment which has been concluded with the Danube
Steam Navigation Company for the interchange of
traffic. Although the arrangement with the Austrian
Lloyd's is still incomplete, the directors confi-
dently anticipate that the "through" route to
Constantinople will be completed at the opening of
next season by the establishment of an efficient
iservice of steamers on the Black Sea. With a view
to the immediate and active prosecution of she
works of protection in the harbour—a course
recommended by a committee of the board, which
'has lately proceeded to Turkey, and whose report
is circulated simultaneously with that of the direc-
tors—sanction is asked for the issue of 50,000!. of
the 100,0001. additional capital authorised in No-
vember, 1837.
The second half-yearly meeting of the London
Flour Company (Limited) was hold on Saturday
last. The directors' report proposed a dividoud of
13 per cent per annum, free of income tax, from
the profits of the preceding half-year, and the carry-
ing over to the current half-year s profit and loss
account of the surplus profits remaining, which
were stated at 8 per cent. per annum on the paid
up capital. With a view to extend the company's
opemtious, a further issue of shares is to take place.
The list will be closed on the 30th inst. The direo-
tors expre-a an expectation that the whole of the
shares remaining nnallotted will be quickly sub-
scribed for ; the present holders of shares are to
have a preference in the allotment. The report
MU adopted unanimously, and cordial thanks were
voted to the management.
At the meeting of the Intercolonial Royal Mail
Steam Packet Company, held yesterday, a dividend
for the half-year at the rate of 74 per cent. per
annum was declared, as recommended in the direc-
tors' report.
The half-yearly court of prietors of the Rock
Life Assurance Company is called for the 29th inst.
The second half-yearly meeting of the Calcutta
and South Eastern Railway Company is convened
for the 27th inst.

The shares of the Great Southern of India Rail-
way Company are now quoted in the Stock Exchange
official list as stock.

The Master of the• Rolls proposes, on the 23rd
inst., to settle die list of contributories of the
Herald Life Assurance Society.
Messrs. Baring Brothers and Co. annonnoe the
half-yearly dividend on the Chilian Four-and-a-
Half per tient. Loan ; and Messrs. Hambro and
Son that on the Sardinian Five per Cent. Loan.
The fourth series of colonial wool sales com-
menced yesterday. The catalogue comprised the
following :-212 bales Sydney, 517 bales Port
Philip, 6 bales Van Diemen's Land, 662 bales
New Zealand, and 1,131 bales Cape of Good
Hope. The attendance of buyers was good, and
the biddings animated, notwithstanding the rise
in the rate of discount to 6 per cent. Sydney
wools sold about the same as the hi hest point
of the August sales, or ld. to lid. higher
than at the close of those sales. The prices of Cape
and New Zealand were fully maintained. Port
Philip wools were chiefly damaged, sold " with all
faults," and were considered dear. The arrivals
for the present series are as follows:—Sydney,
4,758 bales ; Port Philip and Portland Bay, 4,6410
bales ;• Van Diernen's Land, 2,0211 bales ; Adelaide,
1,162 bales ; New Zealand, 4,152 bales ; gran
River, 85 bales ; Cape, 20,785 bales ; total, 37,630
bales.

THURSDAY Eveetso.
The funds opened this morning at yesterday's
quotations, and scarcely declined a fraction when
the decision of the Bank Directors became known.
Several bond fide purchases being effected, including
one of about 70,0001. for account of the Court of
Chancery, an improvement occurred towards the
close. the remarkable fact was thus presented
that, in face of a rise in the value of money to 6 per
cent., Consols closed fully 1 per cent, higher than
yesterday. The anticipation of the deduction of
the January dividend, which will take place on the
7th December, tends powerfully to restrain specu-
lative operations for the fall.
The improvement extended in the afternoon to
the other departments of the Stock Exchange,
which had been depressed during the earlier part of
the day. British railway stocks in two or three
instances left off rather dearer than yesterday.
The transactions in this department are chiefly con-
fined to the dealers themselves. Lombardo-Vene-
tian Railway shares were rather lower, but are now
quoted ex the interest, which is lls. 3d. per share.
Notwithstanding the purchases above referred to,
the rate for loans in the Consol market to-day rose
to 4 to 41 per cent.
Consols, which closed yesterday at 93 to k for
the 6th December, opened this morning at the
same quotation, declined to 93, and closed at
93 3-16 to}. For money the last price was 93 to
1. The official business report is as follows :
Three per Cent. Consols, for money, 93, 92k, 93k,
921 ; ditto for account (Dec. 6), 93, 1 ; Three per
Cents. Reduoed, 911, • New Three per Cents.,
911, 9, ; New Two-and-a-Half per Cents., 771 :
Bank Stook, 233 ; India Stock, 224, 222 ; ditto Five
per Cent. Stock, 1889, 1034, ; ditto for account,
1031 ; ditto Four per Cent. Delenture.s, 1889, 94,
; ditto Bonds, 10a. dis., Five per Cent. "enlaced"
rupee paper, 941.
Indian government securities were dull Sellers
of the rupee paper predominated. The Five per
Cent. was marked 941. India Bonds were likewise
flat ; some sales were pressed atlOs. discount.

Eicheque: Bills haie again declined la., leaving
off at 6a. to 24. di&

The foreign stock market was rather dull in the
morning, but improved in the afternoon. Turkish
Bonds ruse about i per emit., the Loan of 1864
closing at 711, " buyers," and that of 1868
at 67, "buyer." Mexican bonds were dull,
at 211. and Sardinian and Spanish firm.
An improvement took place to-day in Bank
of Australasia and Colonial Bank shares. Those
of the Chartered Bank of India, Australia, and
Chins continue in demand, and were dealt in as
histh as 3 prem. Peninsula and Oriental Steam
shares were that, and Scottish Australian Invest-
ment and South Australian Land firmer. Great
Ship shares have receded to 4a. 9d. to ss. 3d.
There were buyers to-day of the two years'
" options" of the Illinois Central Railway Com-
pany at 5, and sellers at 131.
The clueing quotations for shares in new under-
takings wer• as follow :—Ocean Marine Insur-
ance, 17 to 2 prem. ; Thames and Mersey Marine,
to prem. • Universal Marine Insurance,
to I prem. • London and Provincial Marine, tto
; East 'lndia Irrigation, i dia. to par ; and
slillaall Iron, to I prem.
The ships Ascendant and Queen 800 have been
taken up by the Emigration Comniis.nonern for the
'maven:lee of passengers to Melbourne and Sydney
i'eapectivaly.

- ONE SITELLIVI DAY.
THIMBDAT, NOT.ls.—AdeniNliOill on payment, 1,179 ; ditto
by atoeoCl tielatta, 823 ; total via on, 2,102.