The Express.
London, England, 1867-01-29 00:00:00

No. !MI

Pd I Cl. prices. ► MM.

!ti 1U

6671

ad

1331616

t 11-16

clls

MONEY MAIIKET.-(THIS DAY.)

thrs o'CLoos.

In the Stock Exchange to-day attention is chiefly
directed to the fortnightly settlement in shares
and foreign stocks, which has just commenced,
and the amount of other business going forward
is rather limited. The rates of " continuation" are
moderate, and the supply of stock is small, especially
as regards British railways, which have conse-
quently improved in several cases. Consols have
further advanced j per cent., and some of the
foreign securities are likewise fractionally higher.
The tendency generally is somewhat better than
yesterday.

The demand for discount is moderate, and the
best three months' paper is taken at # to 2 per
cent. below• the Bank of England rate. The quo-
tation for short loans in the Stock Exchange is
2 per cent.

Consols are now quoted 901 to 91 for money,
and 90 15-16 to 91 1-16, or 91, for the account
(February 7).
Foreign stocks are inquired for, and a rise of
to per cent. is observable in Turkish of 1865,
Spanish Passive, and Chili= Scrip. Turkish
Bonds of 1862 are quoted 534 to 544, ex div. ;
ditto of 1865, 295 to ; Greek, 141 to g ; Spanish
Passive, 224 to g ; ditto Certificates, 14g to
g; Italian of 1861, 53i, to 54k, ex div. ; Mexican,
17i to ; Russian Scrip, 11 to g previa. ; and
Chili= Scrip, Ito prem.

United States 5.26 Bonds have risen per cent.,
the present price being 73 to Erie and Illinois
Central railway shams, however, are heavy, and
have declined 4i and 11 per cent., respectively ;
the former are quoted 371 to 38/, and the latter
78/ to 79.

Anglo-American Telegraph shares are called 151
to 16k, and Atlantic Telegraph 8 per cent.
preference, 31 to showing firmness.
International Financial shares are quoted 24
tot die. ; London Financial, 18i to 171, dis. ;
General Credit, 21 to 2 dis. ; Credit Fonder,
54 to 5 dis. ; National Discount, 9 to / prem. ;
and Hudson's Bay, 151 to 16.
The market for the numerous undertakings
in the miscellaneous list is still fiat, though many
of them have long stood at prices far below their
intrinsic merits. It would seem desirable that the
public, instead of giving way to a blind fright, as
regards all liability in respect of uncalled capital,
should be encouraged to exercise a ju-
dicious discrimination ; otherwise it will probably
happen that, while many sound and well-esta-
blished undertakings remain plunged in unde-
served depression, thriftless foreign governments
will be allowed to levy a heavier toll upon our
store of capital than we may be able in the long
run to spare.
The following memorandum from Messrs. Baring
Brothers and Co. relates to the New Granada debt :
Messrs. Baring Brothers and Co. have received by this
mail, on account of New Granada dividends, the following
remittances :—From Custom-house of Santo Marta,
3,452/. 6s. ; from Custom-house of Sabanilla, 1,520/.
10s. 7d., ; total, 4,972/. 16s. 7d.

Jas. 2.23.
No gold was taken from the Bank yesterday, but
the 230,5001. from Australia by the Kosciusko and
Sussex has been purchased for the Continent. The
Paris exchange is now too high to admit of any
withdrawals of importance from the Bank, but it
is believed that the arrivals will continue to be
purchased for exportation.
The China, from Boston, has brought only about
3,0001. in specie.
The Committee of the Stock Exchange have
ordered the shares of the Metropolitan and Provin-
cial Bank to be removed from the list, and have
allowed those of the Metropolitan Bank (Limited)
(20,000 shams first issue) to be quoted in their
stead.

The proposed dividend of the Great Southern
and Western (Ireland) Railway Company for the
half-year is officially announced at the rate of 4/1
per cent. per annum, against 5 for the correspond:
mg period of 1865.
The South Eastern Railway traffic return shows
this week a decrease of 1,8201. compared with last
year ; and the London, Brighton, and South Coast
a decrease of 1,2481.

- _
The traffic return of the Grand Trunk Railway
of Canada, for the week ending Jan. 5, shows an
increase of 1,7471. over last year.
At the meeting yesterday of the Accidental and
Marine Insurance Corporation (Limited), Mr.
Whiffin,the liquidator, made a tall of 51;rshare,
payable on the lit of March, after affo • some
information with regard to the liabilities and assets
and probable result of the liquidation.
The following is a copy of a circular received by
the subscribers of the 61i per cent. preference stock
of the Great Eastern Midway from the secretary of
the company :
Jan. 24, 1,4,7.
_ _ _ . .

am directed by the board to communicate with
you respecting the amount you have subscribed to the
64 per cent. preference stock. The total subscribed
towards the full amount proposed to be issued is *Ely
smalL The board can, however, employ the money sub-
scribed in executing a portion of the onntemphited works
(viz., the coal depot, near to Bishopseate station), and this
outlay will immediately produce a profitable return to the
company. The board are therefore prepared to accept and
use the capital so subscribed, givimi, of course, the gua-
rantee of the contractors, as stated in the prospectus, and
whenever the whole is put out the board would think it
right to give you the option of retaining your present
stock, or exchanging it for the new stock ; but, under the
circumstances, they think it right to lay the matter before
you, that if the fact of the whole proposed. issue not
having been subscribed should lead you to desire to with-
draw your subscription, you may have your money re-
turned. In the event of your not intimating this wish be-
fore the end of a week from this date, the board will as-
sume you approve of the course they propose to take, and
to act accordingly. _ _ _ •

The Master of the Rolls proposes on the 4th
February to make a call of 4s. per share on the
contributories of the Imperial Land Credit Corpo-
ration (Limited).
By the last mail from Brazil we learn that an
extraordinary robbery had been committed at the
Bank of Bahia (a local bank). It appears that at
3 p.m. on Saturday, the 22nd December, the
directors, who were retiring from their weekly
duties, handed as usual the keys of the strong
rooms and cash chests to the directors next on the
rota, and who were then about to take charge for
the ensuing week. The incoming directors pro-
ceeded to examine the cash chests in daily use, as
was customary, and discovered that four bundles
of notes, value 210 contos had been abstracted.
The reserve chest, which had not been examined
for a month, and had been opened only once dur-
ing that time, was next examined, when a further
deficiency of 56 contos was discovered, making a
totalof 266 contos,orabout 30,0001. The police were
at once communicated with, but up to the time of
the departure of the mail (Dec. 27) had failed to
trace the notes. Suspicion pointed to a confi-
dential clerk in the bank, who had been accus-
tomed to assist the directors on duty in opening
and closing the strong rooms, but nothing had
been proved against him. It appears that some
time previously, consequent on a change of officers,
the locks of the doors and chests had been cleaned,
and it is thought possible that at that time false
keys might have been prepared. One of two
things is quite certain ; as the notes were mostly of
small denominations, and the parcels necessarily
bulky, either they must have been removed in
bags, and consequently more than one person must
have been implicated in the robbery, or the parcels
must have been abstracted at several different
times, if the robbery had been effected by one
person only. An extraordinary meeting of share-
holders was at once held, and after an explanation
of facts and some discussion, the meeting had been
adjourned until the following day.

MONDAY Emma.

Consols, which closed on Saturday at 901 to
for the ith February, were to-day alternately

" buyers and " 'sellers at 904, and closed at
90 13-16 to 15-16. For money the last price was
901 to I. The official business report to as fol-
lows :—Three per Cent. Consols, for money, 90/,
I, 1 ; ditto, for account, 90,:: j, 1; Three per Centa.
Reduced. 901. t. I. ; New Three per Cents.,
90}, ; Bank Stock. 250, 49, 8; India Stock,
214, 16, xd. s Five per Cent., 107, ; ditto
Bonds,
.30!i., 2.5. prem.

The India. Fi%,e per Cent. Stock was steady.
Exchequer remain at 10s. to 14s prom.
The foreign stock market was inanimate, and with
the exception of a rise of ! per cent. in Spanish
Passive, and a reduction of 3 to 1 in Brazilian of
1852, &c., and Cldlian Four-and-a-Half per Cents.,
prices were quoted the same as on Saturday.
The scrip of the new Chilian Loan was preju-
diced byspeculative sales, and declined j per cent.,
closing at', to I. prem.
In the mark, t r financial shares International
were in reqiu,t., and improved 55., but Credit
Foncier declined 2s. fid. General Credit were
dull. Prices e'.osed as follows :—lnternational
Financial, 2; to ! die. ; General Credit, 2} to
2 dbl. ; London financial, 18} to li dis. ; and
Credit Foncier of England, t& to 51 dis.
The dealings in Atlantic Cable shares were not
very numerous, but Anglo-American and Atlantic
Telegraph per Cent. Preference experienced
a further sli4Lt improvement, closing at 15/ to
16A and 34 ;, respectively. Telegraph Con-
struction were .inlet, at 3 to 21 dis.
Hudson's Bay shares closed at If 4 to 16,
showing a decline of ss. ; National Discount, at 9 k
to g prem., being 2s. 6d. lower; and Gem&
Ottoman, at par to 1 prem., ex div. Miscella-
neous shares u. re flat, owing to a preponderance
of sales. Can . Laud and Royal Mail Steam de-
clined 2/. ; Peninsular and Oriental Steam, IS. ;
Discount Cori, .r,ition, North British and Mercan-
tile Insurance, nn.i Panama Steam, 10s. ; and City
Discount, Imperial Land of Marseilles, and Univer-
sal Marine Inmrance, 38. On the other hand,
Merchant Rl.iiTing improved IL, and ()tar In-
vestment be.

United Stat,,s 3.20 Bonds were inquired for,
and improved j per cent., owing to a decline intim
premium on g. I 1 at New York, and the receipt of
better quotations from the Continent. On the
other hand, Atlantic and Great Western Railway
Consolidated Mortgage Bonds fell 21 per cent. ;
ditto Debentures, 1 ; Erie Railway shares, .1g ;
and Illinois Central, .14. Prices closed as follows :
5.20 Bonds, 727 to 73 • Erie Railway shares,
41} to 42k ; Illinois Central, 80 to ; Atlantic
and Great Western Railway Debentures, 43 to 4fi ;
ditto Consolidated Mortgage Bonds, 31 to
coupon.

Clinadian Inscribed stock rose 1 per cent., but
Mauritius of 18,3 and New Zealand Six per Cents.
declined 1.

MI.VES.-(THIS DAY.)

ONZ O'CLOOg.

There is a fair ...mount of business in the mining
market to-day, although preparations are being
made for the settlement. North Crofty, Wheal
Chiverton. Priv. :e of Wales, North Ruskear, East
Lovell, and Dralsewalleshares are in demand. North
Crofty are quoted, 5; to ; Prosper United, to
; Tincmft, 131 to ; Prince of Wales, 34. 6d.
to 36e. 1;1 ; 11,:datoor, 9s. to 10s. ; East Lovell,
104 to ; Drakea ails, 264. 6d. to 28s. 6d ; Wheal
Chiverton. t, 9: ; North Roskear, 10 to 11;
and North Treskerby, to 3.