The Express.
London, England, 1867-04-18 00:00:00

At the meeting yesterday of the Fairhairn Engi-
neering Company (Limited) the directors' report
was adopted, and a dividend of ss. per share de-
clared, making, with the interest paid in October
last, a distribution of 74 per cent. for the year.
The net profits for the twelve months amounted
to 11,204/.
. . _ . .

The subjoined report on the market for Ameri-
can securities is from the circular of Marrs. Sat-
terthwaite and Co. :

The market in London for American securities since our
last of this day week has been Brm in character, partici-
pating only slightly in the disturbing influences whieti
have affected home sectuities. United States Sic pet
cent. 5.20 Bonds are being steadily absorbed in midi rata
amount,., the regular payment of each succeeding coupes",
and the flourishing state of the United States govern-
ment exchequer tending to increase the popiderity of
these bonds for investment ; they close 711 to
coupon. Massachusetts Sterling Five per Cent. are rather
firmer. some considerable purchases having been made 1)<
view of securing the May coupon just accruing. The
market for Brie shares has been very straw, large pur-
Ames being male at about :181 they close dig' tly easier
at 37i to 1. Illinois have remained steady from 76 to 77.
In Atlantic and Great Western Sectional Bonds there is
little or nothing doing, but traneections daily take pleas
in Consolidated Bonds—they have somewhat improved
durinj the week, closing to ..

WEDNESDAY EVENING.

Consols, which closed yesterday at 901 "sellers,"
for the 9th of May, opened and closed to day
at 901 to 1, which was also the last price for
money. The variation in the interval consisted
of a temporary improvement to 90/ to 91. The
Three per Cents. Reduced and New Three per
Cents. were last quoted 8911 to 4. The official
business report is as follows :—Three per Oent.
Consols, for money, 90/, 1 ; ditto, for account,
; Three per Cents. 'Reduced, 891, p ; New
Three per Cents., 891, 4,4, ; Bank Stuck, 251,
3, ex div. ; India Stock, 219 ; ditto Five per
Cent., lon, 4, 10 ; ditto Four per Cent. "enlaced"
rupee paper, 84/ ; ditto Five per Cent., 103/ ; ditto
Bonds, 495., 475., 525. prem.
The India Five per Cent. Stock was firm.
Exchequer Bills remain at 16s. to 20s. prem.
The foreign stock market was inanimate, and,
with the exception of a rise of per cent. in
Spanish Certificates, and a reduction of to in
Passive, Etonian Scrip, Chili= Scrip, Italian of
1861, and Turkish of 1865, prices were unaltered.

MINES,-(THIS DAY.)

OWN O'CLOCK-

The mining market is firm to-day, with a good
demand for shares in the following mines. at the
prices quoted, viz.: West Chiverton,7l t 073; North
Crofty, 43 to 1, ; Great Retallack„ 33 to ; North
Chiverton. 44 to I ; Chiverton Moor, bi to 6 ;
Prince of Wales, 325. to Ms. ; Great Vor, late 19 ;
and East Grenville, 2i to 3.
The first ordinary general meeting of the Dun-
raven United Collieries Company (Limited) was
held at Cardiff on Saturday last, Viscount Mal-
den in the chair. The report and accounts were
adopted, showing a balance carried forward, after
providing for paymentiof a dividend at 10 per
cent. for the past year. The noble chairman and
other directors congratulated the company on the
success of their operations.