The Express.
London, England, 1867-05-14 00:00:00

TO TIM TOROS 01 TEI TSPRZon.

Bir,—There is a limit to human endurance, and the
time has at length arrived when, as a member of the
Brighton Board, I con no longer remain silent. I now
feel it due to myself to state publicly, if you will permit
me to do so, that it is my intention, on the 16th instant,
to place my seat in this direction at the disposal of the
shareholders, so that they may deal with it as may appear
to them most expedient. Bo far as lam concerned the
investigations of the committee cannot be too searching
or minute, and on Thursday next I shall be prepared to
I defend my own conduct, face to face with the @hare-
, holders of this oomputy.-1 am, Ste.,
May 13. WILLIAM COMINOHAIL
The traffic return of the Great Western Railway
of Canada for the week ending April 27 shows an
increase of 1,4841. over last year.
At a meeting of the West London Wharves and
Warehouses Company, held yesterday, a resolution
was passed in favour of registering. the undertaking
under the Joint Stock Companies Act of 1862,
with a view to a voluntary liquidation.
The meeting of the Trust and Agency Company
of Australasia (Limited) took place yesterday, when
the directors report, announcing • total distribu-
tion for the year 1866 of 20 per cent., was adopted.
We have received the annexed memorandum
with regard to the Italian Irrigation Company :
The committee of bondholders of the Italian Irrigation
Canal Company have issued their report, from which it
appears that at the meeting to be held at the London
Tavern on the 16th instant an arrangement will be pro-
posed which seems likely to prove satisfactory to the bond-
holders, end also to the company, as well am to the govern-
ment of the King of Italy.
Vice-Chancellor Sir J. Stuart has ordered that
the voluntary winding up of the City and County
Assurance Company (Limited), by Mr. Edwin H.
Galsworthy, actuary, of New Poultry Chambers,
Cheapside, as liquidator, be continued, subject to
the supervision of the court.
The preparations yesterday for to-morrow's settle-
ment showed a very limited supply of many kinds
of railway stock, in consequence of which a back-
wardation " (or bonus for the loan of stock till the
next settlement) was in many instances paid. This
was especially the case as regards Brighton and
South Eastern stocks. It is evident that the fall
in railway property has been materially promoted
by speculative selling. The following shows the
terms quoted yesterday on some of the principal
securities :

C;ONTANOGO.
Mooning. Closing.
Great Eastern-- even to 1-10 .. even to 1.14
Great Western ; to 1.16 bk. .. even
Great Northern A i to i .. even to 4
London and Brighton
London and North-Western even to I .. Ito
London. Chat, and Dover 1-31 to 1.16 .. 1-82 to 1-16
Lancashire and Yorkshire even to i .. seen
Manch,Bhert, and LinOolor even to i .. even
Metropolitan
Midland even to 4 .. even to /
Doyen -1.; to 1-16 beck. 3-16 to 1-10 bk.
Luxe=
Unitedb=sl.lll Mb
Grand Trunk al 0100411
Great Western of Canada ea ed. toes. 9d. .. Om. 6d. to Oa 9d.

MONDAY EVZ2fINO.

Consols, which closed on Saturday at 94,
" sellers," ex div., for the 6th of June, opened
this morning at sei to and closed at 94, or
90 5-16 to 7-16. For money the last price was 911
to /, with div. The official business report is as
follows :—Three per Cent. Consols, for money, 92,
1/, f, i; ditto, for account, 904,11 /, ex div. ;

Three per Cont. Reduced, 90, I, 891 • New Three
per Cents., 90, i, 84, 90A, se; ; Bank Stuck,
251, 3 ; India Stock. 218 ; ditto Five per Cent.,
110 k, 11k, g ; ditto Four per Cent., 9;i ex div. ;
ditto Five per Cent. " enlaced" rupee paper, 10'4 ;
ditto Bon rd's.. 48e. prem.
Owing partly, no doubt, to the distrust winch
continues to be felt with regard to so many secu- '
rities the India Five per Cent. Stock cin continues •
demand, and is still rising.
Exchequer Bills remain firm, at 21s tc 2fis. i
prem. 1
Foreign stocks were firm during the greater part •••
of the day, hitt closed rather flatly, though in ;
several cases bet ter than on Saturday. Th !$ coin- ;
pared, some of the Egyptian bonds, as well all '
a'sh Three per Cents., Buenos Ayrean Six per
Cents., Italian of 1865, and Russian of 1822, 61104
a rise of 1 per cent.: Equador. Turkish of 1862,
Spaniah New Deferred, and Portuguese, ; i
Spanish Passive and New Grenadian Deferred, ; '''
and Spanish Certificates and Turkish of 1886, . '
Italian of 1861 were in request in the morning, and '
advanced about;; per cent., but left off 1 I.)weir
than on Saturday. Chili= and Russian scrip de-
dined I, and I enesuelan of 1862 and 1864, 14
to 2.

Bank alums were very little dealt in, and prices
showed no variation.

As regards financial shares scarcely. any in:inners
was reported, and prices were again unaltered,
closing as under:—lnternational Financial, 21 to
21 dis.• Gener.d Credit, 21 to 1 dis. ; London
231 to 221 dia. ; and Credit Foncier of
England, 61 to 3 dia.
'there was a good demand for Atlantic Cable
shares, and prices showed a decided recovery.
Anglo-American were last quoted 181 to 1, showing
a rise of 7s. od. to Me. ; Atlantic Telegraph 8 per
cent. Preferenoe,4l to g, beingfis. to 7s. 6d. better;
and Telegraph Construction, 1 to 1 dia., an advance
of 17s. lid. The old stock of the Atlantic Tele-
graph Company, however, fell 2 per cent.
Hudson's Bay shares were last quoted 16 to 1„
and National Discount 64 to 71 prem., being steady.
Miscellaneous shares were inactive, but City More
were again offered, and experienced a fresh fall
of 11. 10s.
The only movement in colonial government
securities was a rise of 1 per cent. in New South
Wales of 1888 to 1893.

MINE&-(THIS DAY.)

Ors o'OLocrr.

There is a good amount of business to-day in
British mining shares, and prices show fineness.
West Chiverton are quoted 664 to 674 West
Caradon, 84 to 91 ; lama Retallack, 44 to 6;
Prince of Wales, 6d. to 525. 6d. ; Wheal Basset,
674 to 72} ; North Chiverton, 4} to ; East Lovell,
9to ; Chiverton Moor, 54 to I; and West Kitty,
10s. to 12s. 6d. _ _ _ _ _

An extraordinary meeting of the East del Rey
Mining Company is convened for the 21st
when resolutions will be proposed for winding up
the undertaking voluntarily, and for authorising
the formation of a new concern to be called the
Sae Vicente Mining Company (Limited).
A general meeting of the Great Barrier Land
Harbour and Mining Company (Limited) is called
for the 28th inst. . .

M'e are informed that the general meeting of the
Mineral Rights Association will be held this
month, notice of the same being about to be issued.
The directors' report and the accounts will be cir-
culated among the shareholders before the meeting.

RA ILWA YS. -( THIS DAY.)

Own o'OtooK.

The railway market remains flat, owing to a
preponderance of sales. Midland and Great
Northern A stocks have declined e per cent ; South
Eastern, g ; and Metropolitan, Lancashire, and
Yorkshire, and Great Eastern, I.
Metropolitan stock is now quoted 116 to t ;
Great Western, 4.4 to I ; London and North
Western, 114 to I ; Midland, lOtit toe ; Lanr
*whirs and Yorkshire, 122 e to Caledonian,
106 e to 10Th ; South Eastern, 6 ; to a ; Great
Eastern, 279: to j, ; Great Northern, 109 to
110 ; ditto A, 1081 to 109 e ; London, Chatham,
and Dover, 16 to e ; North British, 33t to
; and Brighton, 55t to I.
[For tu-day's Shan List ass page 4.1