The Express.
London, England, 1866-11-01 00:00:00

LADIES' PLATE.

Adamanthes
Overtonian

T ran.
GRAND ANNUAL STEEPLECHASE.
Daisy -• . . ...
Little Frank . "
Sprite . ... ..

9 ran.
SELLING STEEPLECHASE.
Carnbro'
Beverley ..
Katinka

FI:EE HANDICAP STEEPLECHASE. Two miles.
P..tienoe, Dick Turpin, Tartar, Comberton,
Heurlys, and Lady Laurie are here.
AuxivED.—Little Frank and Ace of Tramps.

LINCOLN MEETING.-(THIS DAY.)

GRAND STAND STARES.
Volunteer ...
&Ilan Dowleb

BLANKNEY STAKES.
Knight of the Garter ... . .
Atalanta .. • • •
. .
Clarke • • •

JUVENILE STAKES. Half • mile•

Vulcan and Verity are here.
HANDICAP HURDLE RACE. Two miles.
Wild Huntsman, Bitters, and Maid of Kent are here.
Ai:r.tvsn. —Joker, Posh°lea, Clairvoyant., Bermuda,
and The Nun.

at 31

MOYEY MARKET.-(THIS DAY.)

Om o'CLuoz.

The Bank of England rate of discount is still
per cent., the directors having decided, at their I,
weekly court this morning, to make no change for'
the present. A reduction to 4 per cent. was anti-
cipated in many quarters yesterday, owing to the
moderate extent of the applications for discount at
the Bank during the week, and to the fact that
304,000 i. in gold had been sent in since the date of
the last return. It is inferred that the directors
l:A:tate to reduce the official Mintlll44M in cense-
qnellee of the prospective active demand fur silver
fo: the East, as well as for gold for France. There i
is now a moderate inquiry for bullion fur expel-
tation to Paris, and, with a further slight decline
in the exchange, increased amounts would doubt-
less be taken. Shipments of sovereignsto Alexandria
will still also be made, while the total in Anstralhoi
gal known to be on the way to England is only
P.:2,090/. The mail from Melbourne, the arrival of
which at Point de tlalle has just been telegraphed,
wiil, however, report fresh remittances.
There is no new feature al the discount market

to-day. The supply of money is still large, while
few bills are offering. The general rate is 4 per
cent, but occasional transactions have occuivcd

The Stock Exchange is closed to-day, according
to custom, and we have, therefore, no transactions
to report in stocks and shares.
The following notification has been issued by the
Bank of England : .

November 1, 1866.
Notice is hereby given, that in order to prepare the di-
vidends due on the sth January, 1867, the balances of the
several accounts in the following fuwla will be struck on
the night of Saturday, the let December, ISGG, vu.:—
;p. per Cent. Coneolidated Annuities ; New 5/. per Cent.
Annuities ; New :V. 10s. per Cent. Annuities, Ittf.l; New
2?. 10s. per Cent. Annuities; Annuities for terms of
years ; India W. jai. Cent. Stock. On Monday, the :trd
December, the above-named funds will be transferable
without the tilt/hit ud due on the :;th January next.
East India Stock—Shut, Friday, Dec. 7, 1:44a; ; open-
Monday, Jr it. 7, ISC.7.
' The subjoined circular has been forwarded to the
shareholders in the Northern Railway of Buenos
Ayres Company (Limited) :
geti, Gresham-house, Old Broad-street,
London, E.C., 30th October,
Sir,-1 am instructed to inform you that at a conference
held recently between the directors and several large holders
of shares in this company, the full board being present.
also Mr. Morris, the company's solicitor, the
chairman stated that the pressing and urgent
claims upon the company amounted to about 7,:a*/.
After disetithion awl deliberation on the subject, it War;
au :Nested by an influential shareholder, and unanimously
resolved,—That the directors should apply to the share-
holders to advance the above sum by a sultscripton
of 10a. per share. A special general meeting of the
shareholders will therefore be held at the London
Tavern, Ilishopsgate-street. on Thursday, the sth day of
November next. at 1 o'clock precisely, to consider and
decide upon what terms and conditions the nt tem...try
funds shall be raised for the purpose of discharging
the pressing tool urgent claims upon the oompany.
By the Inn 11 last received, the directors are
glad to learn Mt. Thompson, the company's
representative in Buenos Ayres, is taking the necessary
ati.ps for indticin the president there to deal equitali'y
with the company's claim in regard to the guarantee. and
he expects to receive the co-operation of the representa-
tives of the Central Argentine and the great southern lines
in referent.: thereto, as if au erroneous or unjust principle
be adopted it would affect their companieti as well as our oa n.
The directors have not yet received copy of the Commis-
sion'a report recommending that a large deduction should
be made from the company's claim, but the enclosed cx'
tract front the Stamford and Rinr Plak ors of the 12th
ult. (a leading journal in Buenos Ayres) will be read with
interest, and shows the erroneous views entertained
by the Commissiett as to some items which they
think ought not to I.e chat ge.l to roo•ouo• account.
I am directed to add that the traffic receipts. from the end
of March to duly inclusive, show a satisfactory increase,
vie., about 3I per cent. as compared with 1210.1, that the
working expenses in Buenos Ayres for the sante period
have been diminished by about 11 per cent., and that it is
confidently expected that for the current year there will he
a surplus from the working of the company's line.—l MO,
sir, your obodivnt servant, E. RES, Secretary.
Many of the original holders of the Anglo-
A nierican Telegraph shares availed themselves of
the recent speculation and rise in price to part with
them, and tin speculators who bought them have
been disappointed at finding the public slow to
take them up. It is evident that, though the
public are disisosed to think Very favourably of the
future prospects of the undertaking, this sort of
property is so new that they have yet to realise its
conaitions, and meanwhile the occasional inter-
ruption to the working of the land lines on the
further aide proves that something has yet to be
done, and some capital to be raised and expended,
before instant:tneona communication between Lou-
don and New York will be secured.
A favourable impression was pr sluced in financial
circles yesterday by the unusual success which has
attended the placingof the 100,1011. of New Zealand
Govenintent Six per Cent. Debentures just offered.
The fact that this amount was applied for more
than tell times over indicates how large is the
amount of capital available for investment in
really sound securities. The price of issue was fixed
at 921. ss. per cent., and applications were received
for no less than 1,034,6001. All persons who ten-
dered for a smaller sum than 1,000!. will receive
no allotment, and the distribution to the rest will
be rather below one-tenth. This arrangement has
excited some surprise, as it has been usual, when
the applications, as in this instance, largely exceed
the amount of a loan, to award to subscribers for
1 small amounts, who are usually the best class of
holders, an allotment in full, and to give a eons-
! parativelv limited proportion to applicants for

larger amounts.
The amount of gold sent into the Bank yesterday-
was only 3,0001.
The steamer Oneida, from Brazil for Southamp-
ton, has reached Lisbon, with 49,749/. in specie.
The London and North-Western Railway traffic
return shows this week an increase of 3,4131.
over the corresponding period of 1855, and the
Midland an increase of 5,6361.
The traffic earnings of the Great Western Rail-
way of Canada for the week ending (let. 10 reached
13,0331., showing/ a decrease of 3.8701. compared
with the corresponding- week of 1555.
The half-yearly meeting of the Trust and Agency
Company of Australasia (Limited) is called for the
12th November, for the purpose of declaring an
I ad ;Or rim dividend for the sis months ending June
30, 18416.
A dividend on Norwegian Trunk Railway pre-
ference shares, being 5 per cent. for the year end-
ing the Ist September, is advertised as payable by
Messrs. Ricardo on the sth November.
Petitions for the winding up of the Nova Scotia
Land and Gold Crushing and Amalgamating Com-
pany (Limited), and the Inns of Court Hotel Com-
pany (Limited). are to be heard before the Master
of the Rolls on the 10th November, and for the
winding up of the Financial Insurance Company
(Limited), before Vice-Chancellor Stuart, on the
9th November.
The subjoined report on the market for American
securities is from the circular of Messrs. Satter-
; thwaite and Co. :
The London market for American securities has sympa-
thised in the general dulness and inactivity which has
characterised dealings on the Stock Exchange during the
past week. For United States 5.20 Bonds there has bien
a slightly-increased demand the last day or two, and we
' have to note a fractional advance on the week, the latest
quotation being 6.3 i to f. In Illinois Central the transac-