The Express.
London, England, 1867-01-11 00:00:00

THE EXPRESS, FRIDAY EVENING, JANUARY 11, 1867.

extent that 10,0001. could not compensate her, and taco
ought to make her a public apology
His Honour said the only question was whether the
petition should be amended by the addition of a V. stamp,
the debts having been raised. by additions to the list, t,.
above AO. As there was no reason to suppose that
had acted fnululently in understating the Lula Zetian
costa in the tint instance, the bankrupt would be z0.,,,1
to amend her schedule and increase the stamp on the
petition. There would be an adjournment slue &el, wit!.
protection for six months.
Alias Fray -All I can say is, if I have my health, I b.. 1.
do a very great deal to the Earl of Zetlaud before that
time. (laughter.)
Mr. Bagley—And I can inform you that he will never
advised to pay you another farthing.

THE POLICE COURTS.
(THIS DAY.)

MARLBOROUGH STREET.

EXTRAORDINARY CHARtiR t'T A,:hAULT AT THr ALHAR t

1X:.44.1AN (VYKsOUNSKY) IRON WORKS COM-
PANY (LIMITED).—(THIS DAY.)

An exttaordinart• general meeting of the share-
linl.l.l, was Galled for noon at the offices of the company,
l'innees-h al, Old Brvad-rtreet, Mr. WILLT %ft AVSTIN
the chair, to consider and approve the arrangements en-
tel e I into for settling disputes between the company and
shareholders and incident thereto.

There not being a quorum of shareholders present, the
I.n.,:e_dings were not strictly formal, and another meeting
toast be held fur the actual bukiness.

The report some days ago issued to the shareholders was
not nwl.

Inv Ce,AII:M AN observed that the last year had been an
evenrf al one in the history of the company's proceedings.
Time eommittee of investigation appeared to have occupied
themselves chiefly with attempting to find out some legal
t aw in the pi weeding* of the directors, IR order to escape
their liability. A division MRS pronounced by Vice-Chan.
eellor Wood last summer enabling dissentients to effect
tiuttoki ea.' u consequence of &deviation from the tenus of the
prospectus by extending operations to Russian ironworks
generally. The directors were then placed in a difficult
position, and their difficulty was increased by the
tiling of a bill in Chancery, requiring them to
return the money which had been paid—an at-
tempt which was not, however, attended with success.
Under these circumstances the board thought the best
course was to make a compromise with those who wished to
retire. and in that object they hail succeeded. The At-
torney-General considered the position of the board a good
one as regarded equity, but did not advise them
to appeal to the highest court. Litigation would very
materially affect the position of the company in Russia,
where the value of the property was more likely to be duly
appreciated than it was in England, it being well known
in Kuala that the property was a very valuable one. The
report which had been issued treated the dissentients u
common partners, the arrangement proposed being that
they were to receive debentures payable within a certain
period. After quoting the report to show that the business
done would admit of a dividend of 8 per cent. per annum,
and saying that the liabilities in London had been re-
duced front 19,000!. to 10,000/., he concluded by
observing that the shareholders who remained would be
in possession of a very valuable property indeed which
would he in very few hands.
Mr. GRIMM expressed his full satisfaction at the state-
ments which had been made.
In reply to questions,
The CHAIRMAN said the directors would do all in their
power to procure a settlement on the Stock Exchange, and
that the dissenting shareholders had nearly all bound them-
selves in 'writing to accept the proposed arrangement.
The legal adviser of the company stated that there were
only two dissentient shareholders who had not ratified the
agreement.

PEEL RIVER LAND AND MINERAL COMPANY.

(THIS DAY.)

The annual meeting of the shareholders was held
this afternoon at the offices, 4, Moonrate-street-buildings ;
Mr. He HI:CHES in the chair.

The report, which was issued some time before, having
been taken Al read.
The CHAIRMAN, in moving the adoption of the report,
said the prospects of the current year were satisfactory.
The washing difficulty had been surmounted. The shear-
ing had been completed, and it was expected that there
would be an advance of 21. or 3d. per lb. in the price of wool.
The lambing had been very successful on both properties,
exceeding that of many years past The only difficulty
wax to find purchasers for the surplus stock.
The report was adopted, and a dividend, making the
total of the year 24 per cent., was declared.

" On the 16th of the present month (says the
Pnro the extraordinary labours of the gentlemen who have
been hon aired by the selection of the country for the com-
petition in design for the arrangement and building of the
new law courts will terminate. The drawings will be
immediately exhibited is a temporary building, erected for
the purpose, in New-square, Lincoln's-inn."

A sad affair has taken place at Tunstall, in the
Potteries. A young man who had been carrying on an in.
trigue with a married woman, having some motive for
jealousy, went to her house and shot her. He then re-
turned home and cut his throat. He was yesterday not
expected to survive, but the woman's injuries do not ap-
pear to be of so dangerous a character.

The factory operatives of Darwen decided last
night to discontinue work rather than submit to the pro_
posed reduction of live per cent, on their present wages.
Great agitation prevails on the subject in all the towns of
North and East Lancashire.

Platinum has been discovered in large quantities
in New Zealand.

An unfortunate catastrophe occurred on board
the Peter Denny on the 11th ult., while on her passage
from London to Shanghtte. It appears that the Rev.
David Mason, while on the forecastle of the ship,
with some other passengers, in the heavy weather which
she experienced during the latter part of her passage, was
washed overboard. A high sea running at the time, and
there being no signs of the unfortunate gentleman after he
was seen to sink, the lifeboat was not lowered.

Mary Anne Donovan, a pauper, 104 years of age,
died this week in the North Dublin Union, having been
40 years in the house. Her father was surgeon in the
Scots Fusilier Guards, and she expressed a wish to be
buried with the soldiers in St. Paul's-churchyard. The
guardians complied with her request, and Mr. J. Norwood
proposed that a headstone should be placed over her
grave.

The Cockermouth bench of magistrates have
committed to four months' hard labour in gaol a solicitor
of great practise and considerable standing in Cooker-
mouth, Mr. Joseph Ramsay, for abusing and assaulting
his wife. Mrs. -Ramsay said her husband came home
drunk at one o'clock in the morning, and after reviling
her, he got her by the hair, kicked her, and otherwise ill-
used her. Her father, Mr. E. Menai, stated that this
system of ill-usage had lasted for a long time, and his
daughter had often taken refuge from her husband's ill-
treatment in his house. When the bench announced that
they bad determined to commit defendant to four months'
hard labour in gaol, Mr. Ramsay, who was standing list-
lessly in the dock, fell back suddenly, and on being
removed he fainted. His wife, also, who merely aimed to
have him bound over, became fearfully excited, and
appealed to the bench in a distracted way to modify their
decision. The magistrates, however, were inexorable.
The will of Mr. George Peckett, of the Stock
Exchange, and of Aberdeen-park, Highbury, was proved
in London on 22nd ult.' by his relict, Matilda Peckett,
and Mr. John Nicholas Payne of the Stook Exchange, the
joint acting executors and trustees. The personalty (says
the City Press) was sworn under 120,000 i. The will is
dated 12th March, 1866, and the testator died 30th No-
vember following. With the exception of a legacy of
5001. to his executor, Mr. Payne, he has bequeathed the
whole of his property to his wife, fur her own absolute use
and benefit. He had been married but a few yearn.
Fees IN THE COMMON Law COURTS.—On the
31st of March next an act passed respecting fees payable
in the common law courts will take effect, repealing sec. 6
in the prior act 28th Victoria, cap. 45, as to the payment
of salaries out of fees, and directing that the total receipts
from stamps be paid into the consolidated fund. Fees
have now been paid in the common law courts for 12 months
by means of stamps, and this is regarded am a great im-
lrovement. Among the acts of last year was one to col-
ect fees by stamps in the various public) departments, and
it is expected to be shortly adopted attar notices in several
offices of the public service.
METHYLATED SPlRlT.—Dating the last session
of parliament an act was passed for preventing the use of
this spirit in the preparation of any medicines for internal
use, and came into operation on the Ist inst., from which
date a penalty of 1007. will he enforced against any person
so using it, even in the preparation of cattle medicines.
Methylated spirit may however be used in the manufac-
ture of medicines for external use.

THE CATTLE PLAGUE. —lt appears from the
official return that during the week ending January sth
ten attacks are reported to have occurred in Great Britain,
being an increase of one on the previous return. No fresh
outbreaks of the disease took place, and the number in the
week preceding was 3. Ten healthy cattle were slaughtered
from having been in contact with infected animals. The
attacks reported are for the following petty sessional
division, viz. (Yorkshire, East Ridingl South liolderness,
two cows, two heifers and six calves ; these animals were
all killed by order of the inspector. The number of ani-
mals attacked since the commencement is 2.13,817, and
52,656 healthy cattle have bean slaughtered to prevent the
spread of tke disease.

WHARNPLIFFE Merrrsos. A new standing
order of the House of Lords forbids the sending of any
supplemental circular, or form of proxy, from the of of
the company, or by any director or officer of the company,
and so describing himself ; and directs that the form of
proxy, and instructions, shall be addressed to each pro-
prietor at the back of the form of proxy, and that no inti-
mation shall be sent, as to any person to whom the
proxy may be given or addressed, and that the votes of
the proprietors of any paid-up shares or stock (not being
debenture stock) not entitled to vote at ordinary meetings
shall, when the interests of such proprietors are affected
by the bill, and such votes are tendered, be recorded and
reported separately.

The Nelson Examin,r, in reporting the execu-
tion of Burgess, Levey, sod Kelly, three Thug like mur-
derers in New Zealand, says :—" It has been • matter of
dispute amongst medical authorities whether death in such
cases is caused by strangulation or by dislocation of the
spinal column. The necks of the three malefactors were
therefore dissected by Dr.. Williams and Cusack, and it
was satisfactorily proved that death has resulted in each
case from strangulation, the spinal column being foiled to
be perfect in each instance ; thus setting this much vexed
question at rest."

MONEY MARKET.-(THIS DAY.)

thos ceesuot.

The dealings in the Stock Exchange to day are
upon an increased scale, and the tone of the vari-
ous markets is firmer, owing partly to the favour-
able character, for this period of the year, of the
Bank of England return. It is anticipated that
the fortnightly settlement in shares and foreign
stocks, which will commence to-morrow, will show
a very short supply of stock, and many of the spe-
culators for lower prices are consequently
closing their amounts. At the same time the public
are steadily investing, so that the markets are
being placed upon a very sound heals. The ad-
vance in Consols does not exceed 1-IG per cent.,
but some of the British railway securities are to
better. Foreign bonds and banking shares are
also inquired for.
The supply of money in the discount market
to-day is exceedingly large, and choice three
months paper is taken at 2i to 3 per cent. The
The rate for short loans in the Stock Exchange is
per cent.

Consols are now quoted 911, ex div., for money,
and 911, ex div., for the 7th of February.

Spanish Certificates, Italian of 1861, and Mexican
bonds are in request, and have advanced 1 to 1
per cent. The amount of business in this depart-
, ment, however, is not large. Turkish Bonds of 1869
are quoted 531 to 54e, ex div. ; ditto of 1865, 32
to 1 ; Greek, 14/ toe ; Spanish Passive, 21e to
; ditto Certificates, 14/ to e; Italian of 1861, 52;
to 531, ex div. ; Mexican, 171 to 18 ; and Russian
I Scrip, le to 1:: prem.
United States 5-20 Bonds and Illinois Central
Railway shares are unaltered, at 721 to 4 and 80e
to 81 respectively ; but Erie hare receded 1 per
cent.,viz., to 434 to 44.
International Financial shares are quoted 21
to 24 dis. ; London Financial, 17 to 16 dis. ;
General Credit, 1 to 11 dis., ex all ; Credit Foncier,
51 to 41 dia. ; National Discount, to 4 prem. ;
I and Hudson's Bay, 161 to 4, ex dir.
The report of the directors of John Crossley and
Sons (Limited) to be presented at the meeting of
!shareholders to be held at Halifax on the 18th in-
stant, states the profit from the 2nd of Dec.,
1865,t0 Dec. 1, 1866, at 244,4081., and recommends
la dividend of 25a. per share, making a total dietri-
' bution of 20 per cent. per annum, including the
interim dividend paid in August last. The amount
left to be added to the reserve fund is 25,8661.

The transfer books of the City of Milan Improve-
ments Company will be closed from the 14th to the
21st inst., both days inclusive, preparatory to the
payment of interest at the rate of 7 per cent. per
annum for the half-year ending the 15th inst.
The annual meeting of the New Zealand Loan
and Mercantile Agency Company is convened fur
the 4th of February, when a dividend will be
I declared.

The half-yearly meeting of the Fore-street Ware-
house Company is called for the 22nd instant, to
declare a dividend.
The Wave of Life has arrived from Melbourne
with 64,000/. in gold.

EILLF-PAST THREE o'CLocz.
Consols are firm, at 91i to ex div., for money,
and 91k, ex div., for the account.
No bullion operations have taken place at the
Bank to-day.
At Paria to-day the Three per Cent. Rentes
opened at G9fr. 87c., showing no change of
portance.

It appears that a dividend of ss. in the pound,
payable on Monday next and the five following
days, to the creditors of the Agra and Masterman's
Bank, amounts to ab0ut1,250,000/. including inte-
rest on this and the last division of ss. in the
pound. This payment will consequently make a
total distribution to the creditors in England of
nearly 2,500,0001., and promissory notes are now
being issued for the remaining 10s.
An instalment of 151., making 25 1. paid, falls
due on the 15th inst., on the Russian loan for
6,000,0001., recently introduced by Messrs. Baring
Brothers and Co.

---The cOntiiienial journals contain the prospectus
of the Spanish loan announced through Messrs.
Fould and Co., and others. The form taken by the
affair, adapts it only for continental circulation.
The bonds are 173,186 in number, to be tamed at
450 francs each, and reimbursable in 20 years at
600 francs, by half-yearly drawings, so that the
nominal amount of the loan is nearly three and a
half millions sterling, and the effective proceeds
rather more than 3 millions. Each bond bears 40f.
interest annually. Apart from the general engage-
ment of the Spanish government, the security
the loan is the pagares, or notes given by the
purchasers of national property, amounting to a
total, as stated, of 7,000,0001. sterling, and which
are to be deposited with the Comptoir d'Escompte
at Paris. The subscription is to be opened at the
' office of that establishment from Saturday, the
12th, till Monday, the 14th inst.
r The half-monthly settlement in shares and
' foreign stocks will begin to-morrow (" continuation
day") and end on Tuesday.
The Lancashire and Yorkshire Railway traffic
return shows this week an increase of 3,3211., com-
pared with the corresponding period of last year;
the North Eastern a decrease of 2,'2211. ; the London
and South Western, a decrease of 1,238/. ; the
Manchester, Sheffield, and Lincolnshire' a decrease
of 2601. ; the North British, an increase of 3,237/. ;
the London, Chatham, and Dover, including the
Metropolitan Extension and branches, a decrease
of 8631. ; the Metropolitan Extension, a decrease
of 5281. ; and the Kent Coast, a decrease of 1501.
We are officially informed that the directors of
the New Zealand Trust and Loan Company
(Limited) have resolved to declare an interim divi-
dend of 4s. per share, being at the rate of 10 per
cent. per annum, at the meeting on the 16th inst.
The coupons on the Consolidated Mortgage
Bonds of the Atlantic and Great Western Railway,
due on the 15th instant, are officially announced
for payment on that date, thus disproving the un-
founded rumour current on the Stock Exchange
yesterday.
A meeting of the B and C shareholders in the
Metropolitan Extensions of the London, Chatham,
and Dover Railway was held yesterday, when the
following gentlemen were appointed a committee
for the purpose of protecting their interests,
Messrs. G. Chance, F. T. Haggard, G. Hogarth,
R. R. Isherwood, and H. D. Warter.
Subjoined is the report of the directors of the
Imperial Bank (Limited), to be presented at the
ordinary general meeting on the 15th instant :
The directors beg to report the result of their opera-
tions for the halt-year ending the 3lso December, 1860.
By the annexed balance-sheet and profit and loss acoount,
it will be seen that the profits amount to 43,376/. 9s. Id.
After paying the current expenses, making provision for
bad and doubtful debts, allowing rebate of interest on
bills discounted not yet due, there remains a disposable
balance of 26,224/. 14s. 10d. Of this sum the directors
propose to pay 18,000/. for a dividend for the half-year at
the rate of 8 per cent. per annum, free of income-tax • to
transfer 4,000/. to the reserve fund, which will then stand
at 64,000/. ; and carry forward 4,223/. 14s. 101 to credit
of profit and loss new account. The directors retiring by
rotation are W. Gordon Thomson, Edmund Westhy, and
Henri L. Bischoffsbeitn, Esqrs., who, being eligible, offer
themselves for re-election. The auditors. George Broom
and Peter Broad, Emirs., rho retire from office and offer
themselves for re-appointment. It is proposed that the
dividend be payable on and after Wednesday, the ti rd
instant.
With reference to the British Six per Cent. Con-
vention Bonds of Mexico of 1851 it Is notified that
the certificates issued by the London Bank of
Mexico and South America (Limited), representing
the original bonds deposited with their branch in
Mexico, have coupons attached ; and on receipt of
advice by the Bank in London, from their branch

in Mexico, of the payment of the interest and
sinking fund, the hank will pay the said dividends
and sinking fund on presentation of the coupons
and certificates at their Wham in London. It is
further intimated that the bank is authorised, as
agents, to oiler for sale some of these certificates,
at 1401. per 1,000 dollar certificate (equal to about
20ty. stock).

The dire.etors of the Russian (Vyksounsky) Iron
Works Company (Limited) have issued a circular
to the shareholders. in which they show that they
propose to meet by an issue of 46,0001. of deben-
ture bonds the outatauding claims upon the com-
pany and the repayments to shareholders who re-
tire.

The Crystal Palace Company have notified the
payment ,tt the 15th inst. of the half-yearly divi-
dends on the 7 per cent. preference and 8 per cent
debenture stocks.

Creditors of the London and African Trading
(..ompany (Limited) ate required to send the parti-
culars of their claims to Mr. Alexander Young, the
liquidator, hi the 2nd February.
The return of the Bank of England for the week
ending Wednesday, Jan. 9, compared with that for
the previous week, shows the following changes :
Circulation issue eti,461,685 Incases* £32,r0;
Circulation active 21,313,810 Increase 26,966
Public deposits 4,444,468 Decrease 3,717,642
Other deposits
Government securities in

banking department 13,111,068 No change.
Otber securities in banking
department 21,730,978 Decteaw 1,065,625
Coin and bullion in both

departments . . .. 19,438,852 Increase 23,490
Seven day and other bills... 48.2,079 Increase 23,635
The Rest ...... ... . 3,457,949 Increase 167,664
Notes in reserve
Total reserve (notes k. coin)
in banking department... 11,125,042 Decrease 3,475
The large changes observable in this return are
chiefly due to one day'spayment of the dividends,
which commenced on It ednesday. The first effect
was of course a heavy decrease in the govern-
ment balance, but as the bulk of the amount
immediately reappeared as private deposits, and
as the Bank was further placed in funds by the
repayment of many of its advances on private secu-
rities, the sufficiently remarkable fact is presented
that the dividends have been paid thus far with
only a nominal draught upon the reserve. It is
worthy of remark, too, that the coin and bullion
have increased upon the dividend payments, which
almost invariably cause a decline. From the
general appearance of the Bank's balance-sheet it is
evident that, both u regards notes and coin, the
amount in circulation is in excess of what is re-
quired for the purposes of trade, the inference
being that the steady reflux to the Bank will con-
tinue.

BANK OF I
A Account pursuant In the Act
week eudua4 eu Wednesday,
Iseult PIM
Hetes Issued $.44,461,64:,'

ENGLAND.
7th and Bth Vle., e.IL for Ib
r, the 9th day of Jan.. 111117.
PARTNINT.

ifk;;;;;Ment debt.. =Amiss
Other securities. WAWA
Gold cote and Ml-
_

14
811ver bullion

A.15.461.e&1
SLIMING IS
Proprietors' Capital £14,653,000
Rest ..... 3,457,P19
Public Deposita ,io-
dading Ifacheq ,
Say. Banks. C.ai-
ads. of b atonal
Debt, and Div.
Ace3ents, ...... 4,444,408
Other Dwelt& . • Uilett,frat
Seven day and other
Lille

IMMIUNIF

INLITIONT.
Government Seen-
titles (including
Dead Weight An-
nuity;
Other Securities
Notes
Odd and Silver
Coln

A 45.987,068

£46,147,101
F. MAY, Deputy 4.,lidUar.

Jan. 10. 1967.

THIUMIDAI ETINING.

Consols, which closed yesterday at 91*, ex dir.,
for the 7th February, opened this morning at 91.
to and closed at 914, " buyers." For money
the last price was 91 to 1. The official businons
report is as follows :—Three per Cent. Consols,
for money. 91, 901, 1. 90k, 90i ; ditto, for
account, 94, 901, ; Three per Cents. Reduced,
901, ; New Three per Cents., 90.1, *;
ditto Two-and-a-Half per Cents., 73 ; Bank. Stock,
248 ; India Stock, 214, ex div. ; ditto Five per
Cent., 1071, 7 ; ditto Five per Cent. "enlaced"
rupee paper, 1011 ; ditto Bonds, 30s. prem.
India Five per Cent. Stock was rather dull.
Exchequer Bills remain at Bs. to 12s. prem.
The foreign stock markets still neglected, and
the few transactions which took place to-day re-
suited in a fresh reduction, with the exception at
an advance of 11 percent. inlluenos Ayres Six per
Cents. Turkish Bonds of 1804 declined 1 per cent.;
Egyptian Railway debentures and New Granadiaa
Three per Cents., 1; Mexican, I ; and Italian of
1861, Spanish Certificates, and Turkish of 1865.