The Express.
London, England, 1866-01-27 00:00:00

'HIB DAY.)

9dl
94
90 711

Ow' oPOLooi.

e 3

VA}

nait

The stock markets are steady to-day, although ;
the amount of business is very limited. It is not '
generally known, however, that a telegram has been
received confirming the rise in the Bombay
exchange, and that the demand for silver has
increased in consequence. Consols, British rail-
ways, and foreign securities are quoted the same
as yesterday, with the exception of one or
two trifling variations. The shares of the financial
companies are inquired for, especially International
Fhiancial, London Financial, and Credit Fonder
and Mobilier.

There is a good demand for money to-day, and
the rate for the best paper is firm, at 711 per cent.
la the Stock Exchange loans till Monday on
English government securities are in request, at 6
to 7 per cent.
Consols are now quoted 86 13-16 to 15-16 for
money, and 87 to ft for the account (Feb. 8).
Foreign stocks are quiet, with moderate dealings.
There is a slight demand, however, for Greek
bonds, which have improved per cent.
The other speculative descriptions are un-
altered. Some of the present quotations are sub-
joined, viz. :—Greek, Into 341; Turkish Five per
Cents. of 1866, 39} to th ex div. ; Spanish Passive,
25} to * ; ditto Certificates, 134 to i; Brazilian
scrip, to prem. ; Mexican, 201 to 21, ex div.;
and Egyptian, par to I prem.
American securities are steady. 5-20 Bonds are
now quoted 661; to i; Erie Railway shares, 54 to

_id

10111

; and Illinois Central, 741 to 1.
International Financial sham are now quoted
7-16 to 9-16 prem. ; General Credit, 19.16 to 11-16
prem. ; London Financial, 14 to 1 prem. ; Imperial
Mercantile, 1 13-16 to 15-16 prem. ; Credit Fonder
and Mobilier of England, 3 5-16 to 7.16 prem. ;
Overend, Gurney, and Company, .4 to 5 prem.

PamAT Eviomm

18*
41 i
106 if

The shares of the London Steam Towing are
nominally quoted 1* to 2 prem. ; Charles Laffitte
and Co., 21 to 1 prem. ; and Galata Candle, to
pram _

a:} i

14;01

Ws

MINES.-(THIS DAY.)

of profit all seenritles have bees takes at their marketperr
on the 31st of December. The total amount at the eredit4
profit and loss account including 22,4401. 2e. 7d. 011iTiel
forward horn the Tear 1864, ill 226,0711. 18a la.,
oat of which an interim dividend of ik. per sheen
amounting to 25,000/., has been already paid. The
directors recommend that an additional dividend el 10s.
per share, fees of income tax, be sow declared, amounting
to 125,0001., and n.aking, with the 2s. paid is August, a
total dividend of 150 000/. for the year, or at the rate of IS
per cent. on the paid.up capital of 1,000.0001. This will
leave a balance of 75,071/. 18a. Id., oat ci which the
directors recommend that 50,0001. be added to the reserve,
bringing its total up to 175,0001., and leaving a balance ci
undivided profits of 25,071/. 18.. Id. to be carried forward
t 3 next you's account. Two vacancies in the board have
occurred during the year by the reeigsatioa of Mr. Alder-
man Salomon', M.P.. and Mr. 3. T. Mackenzie, and the
directors have io accordance with the articles of assoolatisa
elected Mr. Peter P. Belli, late of Messrs. Bali Brothers.
to fill one of the places thus vacated. It is sot at present
to fill up the other vacancy. Messrs. Qatar,
proposed
and Co. offer themselves for re-election se auditors.
The second ordinary general meeting of the
Marine Investment Company (Limited) is convened
for the sth February.
A general meeting of the Telegraph to India
Company (Limited) is called for the sth February,
to declare a dividend at the rate of 5 per cent. per
annum.
A general meeting of the Berlin Waterworks
Company (Limited) will be held on the Bth
February, for the purpose of considering the ex-
pediency of extending the works and raising the
capital of the company.
A general meeting of the London and Caledonian
Marine Insurance Company (Limited) is called for
the 7th February, when a dividend will be declared.
At the sixth half-yearl meeting of the United
Kin‘dom Railway Rolling Stock Company
(Limited), held yesterday, a dividend at the rate of
7 per cent. per annum was declared, free of income
tax, and the sum of 3351. ss. 9d. was carried for-
ward to the credit of the next half-year.
A final call of 71. is to be paid on the shares of
the Imperial Mexican Railway Company (Limited)
by the 28th February.
The business of the Alliance Bank (Limited) will
be carried on at their new premises, Bartholomew-
lane, on and after Monday next, the 29th inst.

Consols, which closed yesterday at : .1 to 87 foe
the Bth February, opened and closed to-day at
87 to 4. For money the last price was 861 to 87.
The official business report is as follows :—Three
per Cent. Consols, for money, 861, 1, 7 ; ditto,
for account, 87, ; Three per Cents. Reduced,
861, 7 ; New Three per Cents., 861, 7, 61 ; Rank
Stock, 245. ; India Stock, 211; ditto Five pee
Cent., 1021, 1 ; ditto Five per Cent. "enfaiseir
rupee paper, 101.
Indian Government securities were quiet. Ex-
chequer Bills were dull at 6a. to 2a. dis.
There were few transactions in foreign stocks,
and the alteration in prices was not important.
The tendency was rather dull. Turkish Bonds
of 1862 and 1865 declined 4 per cent., and
Spanish Passive, the Committee's Certificates,
sud Mexican, 1. Equador Bonds, however, were
in request, and rose +per cent.
There was a demand to-day for Portuguese Three
per Cents., and a rumour at the same time pre-
vailed that a loan will shortly be introduced here.
The scrip of the new Egyptian Railway Loan was
last quoted par to 4 prem. The letters of allot-
ment were sent out this evening.
The transactions in bank shares were rather
more numerous, but few variations occurred is
quotations. Alliance and Consolidated advanoed,
while English Joint Stock, European, and Standard
of British South Africa gave way. Imperial Otto-
man Bank shares remain steady at 34 to 4 prem.
In the market for financial shares attention was
chiefly directed to London Financial, which showed
renewed heaviness, and were at one period pressed
for sale as low as 1 prem. A reaction subsequently
occurred, yet the closing quotation was 12s. 6&
lower than yesterday. Imperial Mercantile were
slightly flatter, while International Financial and
General Credit showed a fractional rise. Credit
Foncier and Mobilier were steady. The last priors
were as follows :—lnternational Financial, 4 to*
ptem.; General Credit, 19-16 to 11-16 prem.; Lou-
don Financial, ig to 1 prem. ; Imperial Mercantile
Credit, 1 13-16 to 15-16 prem. ; Credit Fonda
and Mobilier, 34 to 4 prem.
National Discount shares were last quoted 101
to 11/ prem. ; Joint Stock Discount, 31 to 31 dia.,
being 7s. 6d. better ; Overend, Gurney, and Co.,
41 to 5 prem., showing a fall of 2s. 6d. to 6s. ;
General Ottoman, 34 to 1 prem.; and Hudson's
' Bey, 16 to 4, being steady. Humber Iron Works
declined 11., being quoted 20 to 18 discount, with
201. paid. Ocean Marine and Peninsular and
Oriental Steam also receded, and Universal Maria*
were dull.
The shares of the English and American Bank
were nominally quoted I to 14 prem. ; London
Steam Towing, 11 to 2 prem. ; Charles Laffitte and
Co., 21 to 1 prem. ; Galr.z Candle, Ito 4 prem. ;
and Hercules Insurance, 1 to 1 prem.
There was a slight demand for United States 6.20
Bonds, which improved fper cent., but Erie and
111:nois Central Railway shares were dull, and
receded 4. The following were the latest prices.
viz.:-5.20 Booths, 664 to ; Erie Railway shares,
554 to 1 ; Illinois Centr4 744 to I, ex die. ;
Atlantic and Great Western Railway Debentures.
84 to 85 ; ditto small, 85 to 86 ; ditto Consoli-
dated Sterling Mortgage Bonds, paid up, 784 to
79, ex coupon ; ditto scrip, 4 to 1 prem.
The Emigration Commissioners will receive
tender& on the lit of February for the hire of a
ship to take passengers to Adelaide, South Auetralia.

Two o'CLocx.
Connote are quiet, at 861 to 87 for money, and
87 to for the account.
At Paris to-day, according to Mr. Reuter's
telegram, the Three per Cent. Rentes opened at
68fr. 55c., being about the same as yesterday.
The Scrip Certificates of the Argentine Six per
Cent. Loan are ready for delivery by Messrs.
Baring Brothers and Co.
The steamer Tanjore, which will leave South-
ampton todlay, will take 437,1751., of which
293,375/. is silver and 137,0001. gold, for Bombay,
and 6,8001. gold for Alexandria.
The amount of Australian gold known to be now
at sea is 274,0001., of which about 150,0001. will
be due in a fortnight. The Lady Egidis, with
44,5001., has been out 76 days ; the Yorkshire, with
60,0001., 71 days ; Star of Peace, with 47,0001.,
69 days ; Lightning, with 44,5001., 67 days ; Pride
of the Ocean, with 45,5001., 67 days ; Moravian,
with 10,5001., 66days ; and the Winnington, with
22,0001., 63 days.
Bills on the continent were more offered on
Change yesterday, and, as a consequence, the rates
were quoted more favourable for this country,
being as follows :
Amsterdam, 3 mouths, 12.11 tot; ditto. 3 days, 11.174
to 18 ; Rotterdam, 3 swaths, 12.11 to 2 ; Antwerp, 3
months, 25.45 to 50; Hamburg, ma. banco, 3 months,
13.9 to 3 ; Paris, 3 days, 25.10 to 20; ditto, 3 mouths,
25.45 to 51 ; Frankfort-on-the-Maine, I months. 120„ to
11 ; Petersburg, per rouble, 3 months. 291 to 1 ; Vienna,
off. do., 3 months, 10.80 to 85 ; Trieste, ditto, 3 mouths,
10.80 to 85 ; Madrid, 3 months. 461 to ; Cwt., 3
months, 471 to Leghorn, 3 mouths, 'AO to 70; Genoa,
3 wroth., 4..5.65 to 70 ; Milan, A months, 25.65 to 70 •
Naples, mouths, 25.65 to 70; Palermo, 3 months,
25 65 to 70 ; Metnimi, 3 mouths, 25.65 to 70; lisbon,
90 days, 514 to 1 ; Oporto, 90 days, 511 to 1.
The weekly return of the Bank of France shows
the following changes:
Ooin and bullion
Bills discounted
Government deposits lncrease 56.000
Notes in circulation lncrease 80,000
Private deposits Decrease 80,000
Advances
The accounts of the French Bank show at last an
improvement, the coin and bullion having in-
creased, while the discounts have diminished. The
policy of the Council in not raising the rate of dis-
count above 5 per cent. is thus justified.
At Paris and Brussels the rate of discount in the
open market is 41 per cent. ; Hamburg, Turin,
Amsterdam, and St. Petersburg, 64 ; Vienna and
Frankfort, 54 ; and Berlin, 7 per cent. These rates
are in every case considerably below those prevailing
here.
The transactions in the cotton market were limited
to 7,000 bales, and the tone was still dull.
The Union Bank of Australia will receive tenders
up to Friday, the 9th of February, for 250,0001. of
Queensland Government Six per Cent. Debentures,
being the second issue under the act of the colonial
legislature assented to on the 13th September,
1864. The debentures are of 1001. and 2501. each,
and will become due on the Ist of January, 1884.
A deputation from the Committee of the Stock
Exchange waited yesterday by appointment upon
the Registrar of Joint Stock Companies, with a view
to confer with him upon the working of the act of
1862. It is understood that the conclusion arrived
at was that the act in question requires amendment
in several respects. Reference was made espe-
cially to the non-registration of shares by buries,
unless compelled to do so by an equity process.
More stringent measures in this case against the
purchasers of shares are considered necessary. It
is presumed that the matter will be taken into
consideration during the ensuing session of par-
liament.
The sixth report, issued yesterday by the Thames
and Mersey Marine Insurance Company, states
that the balance carried forward on the 31st De-
cember last, after paying 50,0001. to the share-
holders since the last meeting, is 527,3941. 17s. 3d.
The accounts for the year 1863 have now been
closed, with a profit of 104,0001. 20,0001. has
been paid. out of that sum by way of dividend,
and it is now proposed to take a further sum of
20,000/. to pay the dividend for the past half-year,
and to carry 64,0001. to the reserve fund, which
then amounts to 143,000!. The year 1861, has
also been a fortunate year, and the directors think
it likely a profit of 90,0001. will he the result.
The payment to be recommended will be 4s. per
share, making, with the 4s. paid in July last, 20 -
per cent. upon the paid up capital for the past I
year. The annual meeting of shareholders is fixed PROVINCIAL SHAER MARKETS.
for Friday the 9th proximo. The business of theek
company is also stated to be largely incresping. Lies...sem.
and VS. --sake unsay.-Great Beaten% 31
At the annual meeting yesterday of the Oriental tv"t!-lirathitre usocitoriget ire'' "Wird da,n,d i7N±
Inland Steam Company the directors' report, after e?
liebro,ltan. 110—Midland, 1T3—cough Eastern, 7s}—ausa•
a long discussion, was adopted. It stated that rye a err GrooAcTerarntwmott Tot: 41 771 '—
during the year the steamers bad made 20 voyages, L.!!!
Bs' tfsloa ‘'elnesa;e(Lirelted:, p.—Uver7pool Financial anode-
earning in gross freight 37,6511., while the disburse- eon (Limited., e. a.-North Western Bank (Limited). St e.-
manta, including repairs, 4:c., reached 28,34 V., t,-11b61d1 "XI" alierm=l,ll.Vigime Insurance .71.111itod).
leaving a surplus on the working of 9,304!. Against (Limited). seam wsZadli co:
rear
this, however, is charged the various expenses of (Limited), if 1.1.;
the undertaking on the Indus, at Cakutta, and in . The market was quiet. lint prime
wereil generally stead).
d). Alliance Bank (limited). 14 p.-C.
London, with the addition of one-third of the value isammee and Co. (Limited). pd.-Bats, mml_43mit gown;is
unaishfrele6 41—orm:rdT;aorkihinlIM
of the Ghizree flat, and 3,349/. for depreciation and
86ti I ireati_uNithoortatern.7o.
eA_,
renewal, thus having a deficiency of 6,764/. vi_Londos and North *redirsolti_maachestar,
The report of the directors of the Australian Yinolnakire, as )Mid 14—llitto a per Coot. Frei, 1191—
Agricultural Company, to be submitted at the half- rmonten,tingt:rares ~..,21 29—Moutti Eastern, TM—
yearly meeting on the 30th inst., recommends a (=ma), 6 7-es p. —United etaes sVltsary Beads, est -
dividend of ss. per share. Overload. Gamey. Iroi p.-Uoton Bank, de p.-Antwerp sal
of Tthhee fGiselloooralwingcuirodthfet thirdood reFip:oritioeof
Cthoemdpoireocytorsof 3411erdan4ingslozaiumwesylici......j..Aidou. tei as
sham.,
sti.:4antrof.athe
mughainunt..•
Bemm
London (Limited), to be presented at the general iiiTgiranyg a" I, Town and et Itir- k Bank offered
uses
meeting on the sth February : 51-and Wolverherapton cos at 19 pee share. British sad
In preempting their third sauna' report the directors have Foreign I Mast closed 44 to 3 die., end imam eimparepi
again the pleasure of ongrandating the shareholders on the end Ossir.l to 4-16 tin.
results of the oompany's operations. The Enjoined women MEW Jan. 26 -Furee=Cont. consols. 80,1-New Three pm
Book fiat paid). for aoece~
show that the not profile of the year 1865, after deducting 041,1 far
at the rate
andel
Taliowlepor
omit spniowbarrolus.isuresamos.: onet_bialtos2otrodz 791 tent, t—Lpaglinal).2.4k7l6l
s~rsat Southern and western (1001. paid).
fie
lfin Id., befog at the lute of upwards of 20 Per ',Mt aecoiut, 934-OrestBouttern and western a per act porpoise'
'ea the paid-up capital of 1,000,0001. In this wows (lea paid), lot eoceust, 1114.

ONg OVLOOI.

The transactions in the mining market to-day
are upon a limited scale, and prices generally are
quoted the same as yesterday. Clifford Amalga-
mated shares are called 171, Wit,
Chive beingrton, lowe7br -
Wheal Sewn, 224 to 227 i ;
to 80 ; Cbiverton Moor, 5,1 to 6 ; and North Crofty,
20.,. to 225.
The subjoined weekly report on the metal market
is from the circular of Mears. Von Dadelazen and
North :
The metal market is almost at • standstill, and
nearly all articles show &downward tendency. Iroa—The
demand for Welsh and Steffordsbire iron has fallen off,
and prices are a shade easier. Scotch pig iron has declined
to 655. 9d., caah, bat closes steady. Copper—Since the last
, redaction by the smelters of 51. per ton, the market hes
I been stronger, and prices have an upward tendency. Them
here been buyers of Chili at 901., but holders in general
PTO not aell.ra at the reduced prices.
Tia—Straits has
' declined to 901. cash, at which price, however, there are
I buyers ; sellers asking 911. ; Baum has been done at WM.
lOs ; English offetiog under smelters' price.. Tin plates
are without alteration. Lead is audio( in buyer favour.
Salter—No buskers reported • the market is dull, with
' sellers at 231, ss. ' • buyers to a emlied extent at 231. Spe-
cial brands at ontports, 231. ss.