The Express.
London, England, 1866-07-03 00:00:00

the week before that.

•
MARKET.—{THIS A
MONEY M H
• Oars o'CLOok.
The English funds opened this morning at the
dosing prices of yesterday, but have since improved
per cent., owin; to some moderate investmextts
on account of the public, combined with specula-
tive operation] for a rise. On the other halide
some of the Dritith railways have again declined,
aril foreign stLeke are dull. Banking and financial
shares are quiet, but General Credit show e
recovery of 2s. 6cl. t., ss. American securities at 4
without change of importance. The amount Of
business generally is limited, fresh tranaactians
being still checked by the 10 per cent. rate of di*:
count.
To-morrow being the 4th of the month, the der
mend for discount to-day is to a fair extent, but
there is a good supply of money, and transactions
continue to be effected in choice three months'
paper at 5 to 1 per cent. below the Bank mini/nem.
Consols are now quoted 884 to 0, ex thy., for
money, and 861 to for the account (July 10).
There is very little business in foreign stocks,
and prices generally are unchanged. Spanish Cer-
tificates have risen 1 per cent., while Italian
bonds of 1861 have declined 1. Turkish of 1866,
Spanish Passive, and Mexican are steady.
Turkish Bonds of 1862 are now quoted 50 to 5
ex div. ; ditto of 1865, 271 to 1,; Greek, 1011 to 115 ;
Spanish Passive, 19 to 1 ; ditto Certificates, 115
to 1 ; Italian, 1861, 391 to ; Brazilian scrip, 4to
31 die. ; and Mexican, 14 to 1.
American securities are steady. 5-20 Bonds are
quoted 65 to I ; Erie Railway shares, 37 to I ; and
Illinois Central, 73.! to 741.
International Financial shares are now quoted
21 to: die. ; London Financial, 15 to 13
General Credit, 25 to 21 die. ; Credit Foncier,
21 to 11 die. ; and National Discount, 71 to
prem.
An instalment of 10 per cent., less per oent.
dividend, fell due yesterday on the Egyptian GO-
verument Railway loan for 3,000,0001. sterlini
but a considerable portion had previously been
paid in full.
The steamer Malta has brought 40,0001. in specie
front New York, and the City of Paris 27,500/.
The annexed circular has been issued the
directors of the International Financial Society
(Limited). Though necessarily somewhat dia-
ainsiinting to the shareholders it accords with the
prudent course which has been followed by this
company from the commencement.
l'o), Threadneedle-street, June 30.
Sir,—The directors having had under consideration the
payment of a sum by way of interest fur the half-year now
, clued. lam tle:dred to inform you that they hove decided
upon postponing any division of profit until the close of
the year's operations. While on the one brad the soft-
psny has been enabled during a period of stroll; commer-
cial pressure to meet, and even to anticipate its engage-
ments without difficulty, and without the remotest idea sf
making any call upon its shareholders, on the other hand
isttaiattend be
therererZetioned ot}flat,Zilines at sucary dhanace
: hiinesavlirienea-
n
the narrowest possible limits, and that securities, how-
ever good, are at the moment unduly depressed. While
therefore the directors are enabled to assure the share-
holders of the soundness of the company's position, they
hope to meet with their concurrence in the reaolution
to which they have come. —I remain, ko.,
W. A. MICHAEL, Secretary.
The London, Brighton, and South Coast Railway
traffic return shows iis week an increase of
4011., and the South Eastern a decrease of 7001.
, The receipts of the Great Western Railway of
Canada for the week ending the 22nd of June were
1'2,1221., being 41 .31. more than in the correspond-
ing week of lust veer.
The weekly tannic return of the Grand Trunk
Railway Company, just received, shows an increase
of 1,1201. over last year.
The receipts of the Atlantic and Great Western
Railway for the first week in June amounted to
dols., against 87,704 dole in the 4:erre-
sponiling period of last year, showing an increase of
11,135 dole.
At the meeting yesterday of the Oriental Hotels
Company (Limited), the directors' report, which
has already been published, was adopted.
At the meetini, the Alhambra Company (Limi-
ted), held yesterday, the net profits for the half-
year were dated at 5,1351., out of which a divi-
i dead was declared at the rate of 20 per cent. per
annum for that period. This will absorb 4,7001.,
and the balance IA to he carried forward.
The fourth ordinary general meeting of the D.
count Corporation will be held on the 20th instant.
The Caledonian Railway Company have issued
; notice that " the interest warrants attached to the
• mortgages of this company will, as they periodi-
cally fall due, he cashed at the Commercial Blink of
Scotland, Edinburgh, and branches, or at the
I London and Webtauhater Bank, Lothbury, Lon-
' don."
The annual meeting of the British Indian Tea
Company (Limited) is called for the 20th instant.
Vice-Chancellor Kindersley has appointed Mr.
Frederick Maynard to be official liquidator of the
Cork and Youghal Railway Company.
Messrs. Baring Brothers and Co. have adver-
tised the dividends due 12th inst. on Buenos
Ayres Six per Cent. Bonds, and also on the Three
per Cent. Deferred Bonds, at the increased rate of
s2injiaziirngeefluint.djaierre
aatmtihu
Messrs. Baring have also advertised the interest,
elesmThe teimPeartpuilcileilsred.of the
amounting to 10i. per sha.'e, due the 13th inst., ou
Grand Russian Railroad shares. 1
The arrival i.; announced of the screw-steamer
Kaikinia at Melbourne on the sth May, the voyage
from Plymouth, exclusive of stoppages of seven.
days at fit. Vincent and the Cave of Gael Hope, 1
having been made in 51 days. '1 his is believed to
be the quickest passage on record. The Kaikinia
is the first of the line of steamers to be employed
in the conveyance of the mails across the Pacific
Ocean under the contract entered into by the New
Zealand government with the Panama, New Zea-
-1 land, and Australian Royal Mail Company
(Limited).
Travers's circular gives the following comparison
the price of C.J.d3o • ls with the corresponding date
of the present position of the Bank of England, and
of last year :
At present. Same date last year.
Bank bullion
Date of dißcour.t
Price of Consuls 864 ... 1.101
NRankotes ri2lecrvireeele.. : 244;n3443;:etr105 281:9412;i:81g
MoirDAT EVENING.
Consols, which closed on Saturday at 861 to 1
ex div. for the 10th inst., opened this morning at
the same quotation, and closed at 865 to M. For
money the last price was 86} to 4. The official
freorPemrtonisey,"B6ffe,lifewss • :—Three
per Cents. Reduced, MS, f, ; New
mcobusainnso eises,
;Three
Three per Cents., 85 ; Bank Stock, 2405, 3;
India Five per Cent. Stock, 1031, 3, 5 ; ditto Five
per Cent. "enlaced" rupee paper, 100; ditto,
bett.pSretoinek was steady. The
imlo.ar,ThurcehpelErnxdOecihanet.il‘litirpnieidiusrs
remain
quoted
Ba.
steady.
to
par. and the June 3s. die. to ss. prem.
The transactions in foreign stocks were limited,
and few changes occurred in prices. Turkish Bonds
of 1858 and 1862, as well as Russian of 1862, rose
1 per cent., and Italian of 1861, 1 ; while Greek
and Mexican declined 1 to 4, and Spanish
Passive, 1.
Dr snow FLlTrilt PROCESSION. —We are informed
that there are five happy couples, claimants for the Dun-
mow flitch. It ii an old adage that it never rains but it
eF..ant Applications
will ns are still pouring in, arid Messrs.
Fitch
soon
empty their warehouse if all are
I supplied. Three of the happy couples reside in London,
one at Worthing, and one at Greenwiali.—.-ZIWZ Hl nad.
THE CATTLE PLAGUE IN THE WEST RIDING.—
Yesterday at the West Riding' Midsummer Quarter See-
aces at Bradford, Colonel Cobbe, the chief constable orthe
Riding, reported that there had not been a single case of
the rattle plague reported in the Riding during lutist
week. There were four cases the week before last,
the week before that
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•