The Express.
London, England, 1866-06-04 00:00:00

THE EXPRESS, MONDAY F9E)7IISG,..„JUNE 4, 1866.

rTe

SHARE

r.).

013 o'Cwoz.

The railway market is dull to-day, but prises
are unaltered, with the exception of a reduction
of per cent. in London, Chatham, and Dover
stock, and in Midland. The amount of business
is small.

London and North-Western stock is quoted
1161 to 117 ; Metropolitan, 125 f to 126 ; Great
Western, MI to ; Midland, 122/ to 123 ; Lanca-
shire and Yorkshire, 1201 to 1 ; South-Eastern,
691 to 70 ; Great Northern, 1211 to 1221 ;
ditto A, 1301 to 1311 ; Caledonian, 126 to 128 ;
Great Eastern, 361 to 37 ; and London, Chatham,
and Dover, 261 to 261.

Per Qr.

nto 35 it
36 to VI 1(
37 to 40
$8 to 40

Per Qr.
2 to 96 14
Z. S.
tO

1280.

28,145
1,976

—iio
2,349

'630
I. d. d.
43
us

dca, and
L 7 caaka
,—total,

10,000
40,000 1
1°9.29°1

50:000

6,000
100,000 i
10').???i

11,"?!

-woo&

20,000
50,000
10,000
72,000
22,000
10,000
6,000,

10:0001
6,000
*OOO

i7:isel
4.05,i

40,0001
2C0,000'
10,000
C. 5,000
40.000
37,600
"Mir,

73,121

ii:iii

11117.061

-Nz

;!i{,l
WI
100,1

%OWNS
11,6110.
5,578,110
1.061,100
103,110
IMMO

PA . 19

17 I

xd

...
68

_Ws

10 9
41

dis

11

19

Ni

3k

IS

:i
12

-
95

...
lie

88"11
7110,006

iiintiatcoba. sp. et.,
m.
Can. Gov.. p. e., 1877-64.
Do. 6perct,161).11•166.
Do. Operat.Mar.2
Do. 6 prret..Jan.ll
Da 6per et. Ina.
Capo. soCGßopaptr.l373
D d0.U1110.40110

do.

t 16,0001
100,003
260,000
1,000,000
200,000
100,003
200,000
,
300000
166,500
100,000

Do. do.
ti0.59,e..4.410at.
Coi3lodn,Nov. MB, 6p. ct.
1878, d 0...
Do. un do..
Masuithu per &Jai!'
Do.
Do. ldEd

Do. 1806
Natal. Gov. Spar Nat..
New Bruns.Goe.eperct.
New South Wales Gov..

r

91 96
90 88
90 U
76 TS
76 11
161 104
101 106
101 106
103 106
86 •
100 101
104 106

lio:ciool
1,030,000 l

.250,0001
750,0001

Bp. coat., DDI to 189 E
Do. 5 p. 0.1868 to 1866
New Zeeland 6par cent.
Do. Epee coat
Nova Scala 6 p. 0.,1876
Quatailtad Gov. p. et.
B.AustOov. 6 p.ct.,1.868
Do. 1878 and opwda
Vic.Gov.6p. C. Jut. July
Do. Ip. ct April& Oc.

115, 2
100, 1
20,000 20
10, 6
15,000 10
25,000 2
•0,000 6
12, 40
10,000 10
100,000 1
25,000 3
15,000 2
60,000 2
10,0001 10
68,000 11
16,000 S
10,000 6
106,815 3
50,000 •
10,000: 13
1060001 6
1
1 ....:',....1 .

_
120,000,
11,000 le
43,174, 30
woo* I
50,000 1
10.0001 10
5.0004 1510,000
80, 1
76,000 1
46,0001 1

102 104
104 109
101 103
104 106
07 166
90 a

91 94
as 87
9‘ 91
72 74
98 90
97 100

106 106

102 104

-
106

Pd. I 41. prises. I Web.

el. triil

14 f=
It m

14--1
2 4 I
19 tiidle
4 Ls

lips!
6_l 8_ I

-
- Pa

48_ 61.

l&isil
I par
par 1 pm
3 2 dial

1 11
ild's

iTmorrir MARKET.-(THIS DAY.)

Ors o'Os.occ.

The tendency of the discount market continues
favourable, and it is expected that a large amount
of the gold which has arrived from New York will
be sent into the Bank during the present week.
Nevertheless, some stocks and shares have again
given way, owing to an almost general belief that
war will not be averted by the Conference.
Foreign bonds have been pressed for sale, and
have nearly all declined. Italian of 1861, are
especially heavy. The funds have also experienced
a fresh reduction of per cent., and American
securities f, but British railways, and banking and
financial shares are in most cases quoted the same
as on Saturday, in the absence of business.
In the discount market to-day there is a large
amount of money seeking employment, and good
three months bills have been rather freely taken
at to per cent. below the Bank of England
minimum.

Consols are now quoted 851 to i, ex div., both
for money and the next Wednesday's settlement,

and 854 to 86 for the new account (July).
Foreign stocks are heavy, and an almost general
reduction has occurred in prices. Italian Bonds
of 1861 show prominent depression, and have
declined It per cent. ; Turkish Bonds of 1862 and
Brazilian scrip have also receded 1; Spanish Passive,
; Turkish of 1865, ; and Spanish Certificates, 4.
Turkish Bonds of 1862 are now quoted 56 to 58 ;
ditto of 1865, 294 to 1 ; Greek, 114 to 12 ; Spanish
Passive, 181 to 194 ; ditto Certificates, 133 to 4 ;
Italian of 1861, 373 to 384 ; Brazilian scrip, 7 to
8 die. ; and Mexican, 174 to 4.
American securities are dull, but the reduction
in prices does not exceed per cent. 5-20 Bonds
are now quoted 644 to 65 ; Erie Railway shares, 424
to 1 ; and Illinois Central, 764 to 2.
International Financial shares are now quoted
2to 11 dis. ; London Financial, 14 to 13 dia. ;
General Credit, 21 to dis. ; Imperial Mercantile,'
94 to 84 dis. ; Credit Fonder, 14 to 4 dia.; Overend,
Gurney, and Co., 18 to 16 dis. ; and National
Discount, 64 to 7 prem.
About 43,0001. in gold was taken to the Bank on
Saturday. A large amount will doubtless be sent
in this week, out of the large supplies from
America.

The steamer Ripon will take to-day only 6,009/.
in specie for the East.
The exact amount of specie brought by the
China, from Boston, is 398,500/. The Tarifa, from
New York, is b • • a further sum of 600,0001.
The meeting oft e to and Mediterranean Com-
pany (Limited) took place on Saturday. The direc-
tors' report, which was adopted, mentioned that,
after defraying heavy charges for interest and dis-
count, and providing for the 1 per cent. required on
the preference shares, a balance remains sufficient to
allow of the distribution of 3 per cent., free of in-
come tax, on the ordinary shares,which was there-
fore declared.
The annexed statement has been issued to the
shareholders in the London and Brazilian Bank
(Limited) : - . .

The directors have much pleasure in submitting to the
shareholders the balance-sheet, duly audited, for the half-
year ending Dec. 31, 1865. The net profit to that date,
as shown by the annexed accounts, amounts to 30,9161.
18a 3d., and which the directors intend to dispose of as
follows :—To payment of en interim dividend as autho-
rised by the articles of association of the company, of
U. 10a per share on the original shares of 100/. each, and
of 5a per share on the new shares of 20/. each ; this is
equal to nearly 9 per cent. for the time the money was
paid, and will absorb 25,000/., leaving the balance of
5,9161. 18s. 3d. to be carried forward to the next account.
This result the directors feel assured will be gratifying to
the shareholders, particularly as they have also to state
that the business of the bank continues most satis-
factory. Dividend warrants for the shove interim
dividend will be toned and sent to the share-
holders, payable on and after Thursday, sth July.
The directors have to announce the resignation of Mr.
John Saunders, late comptroller of the io de Janeiro
branch, which establishment they have placed under the
able control of the manager, Mr. J. L. Montefiore. The
directors avail themselves of this opportunity to inform
the proprietary that in the exercise of the discretionary
powers granted to them, they have decided, inconjunction
with the Baron de Maui, to defer the commencement of
the business of the London, Brazilian, and Maul Bank
(Limited), until the Ist January, 1867, and that until such
date each of the present banks shall work on its own ac-
count, instead of on joint account as previously contem-
plated. These modifications have been rendered necessary
to consequence of unexpected delays in obtaining the ne-
cessary " decrees" for the institution of the Amalgamated
Bank, from the respective governments, and from other
unavoidable causes.
An extraordinary meeting of the Imperial Mer-
cantile Credit Association (Limited) is called for
the 14th inst., " for the purpose of confirming, or
otherwise, a special resolution' passed at an extra-
ordinary general meeting of the shareholders in
the said association, held on the 28th day of Msy,
1866, for winding up the said association volun-
tarily ; and for the purpose of appointing a liqui-
dator or liquidators to wind up its affairs, with
such special powers, if any, as the meeting may de-
termine ; and also for the purpose of passing such
other resolutions as may be deemed desirable or
expedient with reference to the liquidation."
A special meeting of the North Western and
Charing-cross Railway Company is called for the
13th instant, to consider the bill now pending in
parliament, "for authorising arrangements be-
tween the North Western and Charing-cross Rail-
way Company, and the London and North Wes-
tern Railway Company, and the South Eastern
Railway Company, and for other purposes."
The annual meeting of the South Australian
(Land) Company is fixed for the 20th inst.
A petition for the winding up of the European
and American Finance Corporation (Limited) is to
be heard before Vice-Chancellor Wood on the 9th
inert.
An extraordinary general meeting of the Nor-
wich Union Reversionary Interest Company is
called for the 12th inst., for the purpose of re-
ceiving the final accounts of the directors, and
adopting the same, and sanctioning the arrange-
ments of the directors with respect to the distri-
bution of the assets on the winding up the affairs
of the company."
An extraordinary general meeting of the British
and South American Steam Navigation Company
(Limited) will be held at Liverpool on the 9th inst.,
to consider a resolution for a voluntary winding up.
The eighth ordinary general meeting of the
shareholders in the Panama, New Zealand, and
Australian Royal Mail Company (Limited) will be
held on the 15th inst., " for the purpose of receiv-
ing a report from the directors considering the
question of dividend, and electing directors and
auditors."
The transfer books of the Oriental Gas Company
(Limited) are to be closed from the 4th to the 7th
inst., inclusive, for payment of the interim
dividend.
The annual meeting of the Assam Company is
called for the 19th inst.
The receipts of the Great Western Railway of
Canada for the week ending the 18th of May were
13,2681., being 889/. more than in the corresponding
week of last year.
The following circular has been recently issued
to the shareholders in the London and North
Western Railway Company :
Adverting to the intimation already given of the inten-
tion of the • tors of this company to allot additional
ordinary stook ; the 30th of June was fixed as the day of
payment in ceder that the proprietors ma be entitled to
the full half-year's dividend, payable in February next. I
am, however, desired to inform you that the directors will,
as usual, give the proprietors the option of deferring pay-
ment of the whole or any portion until the let of August,
subject in the meantime to interest at a rate that will
about cover the dividend.
With regard to the market for American secmi-
rajas, the circular of Messrs. Satterthwaite and
Co., dated Saturday, states as under :
qi:ionlotiaprZfdereonseirtonersdusll7ldyouniTtla the dhichmarkadvzia::f:reeek,sAnin7:7l:iiralatedescoraus 79, andasettledlrt
Eriame
at 46. The snivel of the China, however, with advises of
a materiel advance in the premium on gold and simulta-
neous depeeirdon in Meeks round a heavy fall all round ;

but freer the lowest gasslatimas there hes been a slight
rally ; and we close with a more settled sit. United
States 5.20's are last gaoled 64i to ; Illinois shares.
76e to 77; and Brigs, 48i to 43.
With reference to the condition of the produce
market, the monthly circular of Mesas. Trueman
and Ronne contains the following :
All descriptions of produce hare suffered from the finan-
cial crisis, and the apprehension of a continental war which
has checked the export trade. Cotton particularly shows •
most severe decline—middling Orleans and fair Surat are 40
to 50 per cent. lower than in March. Several failures of im-
porters end dealers have taken place in Liverpool, and
three or four is London ; but; on the whole, engagements
have been well met, and a little elm in the money market
would probably soon have the effect of restoring the prims
of most articles to the same level at which they stood a
month since. According to the Board of Tea& returns
just published, the declared value of British and Irish s
duce and manufactures exported in the four months en
30th April was 62,357,5791., against 47,706,818/.
49,882,420/ in the oorresponding periods of 1886 and 1864
respectively.

SATURDAY WINING.
Consols, which domed yesterday at' 86} to if
ex div., for next Wednesday's settlement, opened
this morning at 851 to 1, and closed at 851 to 1.
For money the last priee was 861 to 1, and for
the July settlement 861. The official business
report is as follows :—Three per Cent. Consols,
for money, 854, 1, /ex div. ; ditto, for account,
861 ex div. ; twee per Ceuta. Reduced, 851, 1,5;
New Three per Cents. 851, ; Bank Stock, 247 ;
India Five per Cent. Stock, 101, ; ditto Four
per Cent., 90 ; ditto Bonds., par, 10 dia. par.
The India Five per Cent. stock, which is now
quoted ex the July dividend, was inquired for and
better. The March Exchequer Bills remain quoted
at lbs. to ss. dia., and the June ss. dia. to ss. prem.
The foreign stock market was fiat, but the re-
duction in prices was not general. Spanish De-
ferred Three per Ceuta. declined 1 per cent. ;
Mexican and Italian of 1861, Ito ; Turkish
a
1865, and Spanish Passive, ; and the Committee's
Certificates, 1 ; Brazilian scrip, on the contrary,
improved 1 per cent.
The transactions in bank shares were not very
numerous, but there was a demand for Chartered
of India, Australia, and China, London and
River Plate, london and Westminster,Metrupolitan
and Provincial, and Provincial Banking Cor
ration, which severally rose 1/. On the other
hand, Anglo-Egyptian declined 21. ; Agra and
?dasterman's 1/. ; Union of London, 10s. ; and
Anglo-Austrian, ss. Alliance closed at 7 to 6 dia.;
Anglo-Austrian, at 11 to Of dia. ; and Imperial
Ottoman, at 1 to 01 dis.
There was again &strong demand for Credit Fon-
cier and Mobilier shares, which experienced a freak
advance of 7s. 6d. The shares of the other finan-
cial companies wore unaltered, with the exception
of a reduction of 2s. 6d. in International Finan-
cial. Prices were last quoted as follows
International Financial, 2 to 11 dia. ; General
Credit, 21 to 1 dia. ; London Financial, 14 to 13
dis. • Imperial -Mercantile Credit, 91 to 81 dia. ;
Credit Foncier and Mobilier, 11 to 11 dis.
National Discount shares were last quoted 61 to
7 prem. ; Overend, Gurney, and Co., 18 to 16
; and Hudson's Bay, 15 to 16 ; Credit
Fonder of Mauritius, East India Land, and Fore-
street Warehouse shares advanced • while City
Offices, Peninsular and Oriental Steam, and Royal
Mail Steam gave way.
The only alteration in colonial government secu-
rities was a rise of 1 per amt. in Victorian Six per
Cents.

American securities showed great depression.
The 5.20 Bonds declined If per cent. ; Erie Rail-
way shares, 2 ; and Illinois Central,
614.1. Prices
closed as follows :-5.20 Bonds, to 651 ;
Erie Railway shares, 42f to 43; Illinois central,
76f to 77.

MINES.-(THIS DAY.)

01f1 O'CLOCIL.

In the mining market to-day there was a good de-
mand for Clifford Amalgamated, Frank Mills, Tre-
savean, Prince of Wales, and Chentales shares.
Clifford Amalgamated are now quoted 9 to 94
Frank Mills, 4 to 5; Tresavean, 6 to 7 ; Prince of
Wales, 9s. to 10s.; East Caradon, 64 to 7 ; Wheal
Seton, 195 to 200 ; West Chiverton, 68 to 70 ;
Chontales, 11 to g prem. ; and Frontino anti
/ to 1 per share.