The Express.
London, England, 1868-07-02 00:00:00

EXPRESS, THURSDAY EVENING, JULY 2,186 g.

-
a company which the bankrupt had formed to take
Ids own 'business. The proof was resisted, on
the ground that the company was still more
largely indebted to the bankrupt for unpaid
Purchase money ; but the company oontende.l that by an
agreement of April, IKUtI. whereby the businesa, was said
fur 34,00 W. to the tleneral Tooling Company; their
liability to the bankrupt had been transferred to that Com-
pany.
Mr. Registrar Murray, haying adjourned the considera-
tion of the proof, the matter was now brought before the
commissioner.
His Honour decided that the proof might be admitted as
a claim.
'l'he choice of assignees was then proceeded with;
end Mr. Benjamin Stacey, gentleman, of Corton,
near Lowestoft, was appointed creditors' assignee. Tno
next sitting is fixed for the 24th inst. Mr. Beaumont ii
the solicitor under the proceedings; Mr. Pulbrook repre-
iented the company.

SURREY SESSIONS.-(THIS DAY.)

(Pefore Thomas Tilson, Esq., Chairman.)

MONEY MARKET.-(THIS DAY.)

ONE O'CLOCK.
Owing chiefly to the flatness of the corn market
end the drooping tendency of the rates
of discount, the public securities are ra'her
firmer to-day. Console are in request.
and have advanced per oent. Railway
stocks have been purchased to cover recent sales
for a fall, and most of the principal linos are
better. Midland and Great Eastern are in espe-
cial request. Home of the foreign bonds,
including Italian of 1861 and Orel
Vitebsk, are likewise higher, notwithstanding
the expected issue of new loans, as referred to
below. Most other securities are quoted the same
as yesterday, in the absence of business.
The applications for discount are upon a mo-
derate scale, and exceptional transactions are re-
ported in the best three months' paper at 1: per
cent., ore below the Bank minimum.
Console are quoted 94„ to 95 both for money
and the 9th inst., and the Three per Cents. Re-
duced and New Throe per Cents., 941 to „.
The railway market is firm, and the general
course of prices favourable. Great Western stock
has improved * per cent. ; Great Eastern, ;
Midland and Brighton, k ; and Caledonian,
London and North Western, and South Eastern,
*. Annexed are the quotations :—Caledonian,
71k to I ; London and North Western, 113} to
114 ; Great Westeni,49: to ; Midland, lost to ;
London and South Western, 91 to 92; Great

Eastern, 364 to 1; Brighton, 521 to 1; South
Eastern, 734 to ; Metropolitan, 111 to ;
Great Northern, 101 to 102 ; Ditto A, 941 to 951;
London, Chatham, and Dover, 194 to ; Lancashire
and Yorkshire, 127/ to 1281; York and North
Midland, 921 to 934; Berwick, 1021 to ; and
North British, 331 to 341.
In the foreign stock market, Italian of 1861 and
the Orel Vitebsk Railway loan have advanced 1 to
1 per cent., while Turkish of 1858 and 1862
have receded t. The prices are as follows :
Brazilian of 1865 are quoted 761 to 77; Chilian
of 1867, 921 to 93, ex div.; Egyptian, 1864, 82 to 4 ;
Italian of 1861, 511 to 52, ex div.; Mexican, 151
to 164 ; Peruvian, 1865, 79 to ; Rusaian of 1866,
901 to 91; ditto Orel Vitebsk, 821 to 83; Spanish
of 1867, 361 to 1, ex div. ; Turkish of 1858, 63
to 64 ; ditto of 1862, 61 to 62 ; and ditto of
1865, 391 to I.
The Indian Fite par Cents. are inquired for,
and show a rise of I per cent., at 1141 to 1151.
The Four are quoted 1041 to 103 ; the Bonds, 275.
to 325. prem.; and the Debentures, 103 to t.
Bank Stock, 240 to 242 ; and Exchequer Bills,
15s. to 19s. prem.

Very few dealings have been recorded in bank
shares. Union of London, 331 to ; London and
County, 491 to 501 ; London and Westminster,
701 to t; Anglo-Austrian, 41 to 51 prom., ex
div. ; Imperial Ottoman, 1 to prem. ; and Con-
solidated, 2 to 2 prem.
Little business is going forward in miscella-
neous shares, but National Discount are ss.
better, at 61 to prom. ; General Credit,
21 to 1 dis. ; Credit Foncier, 3 to 1 per share;
International Financial, 11 to 11 dis. ; London, 22
to 21 dis. ; Hudson's Bay, 151 to 1; Egyptian
Trading, 5 to 41 die. ; Telegraph Construction,
131 to 141 ; Atlantio Telegraph Eight per
Cent. Preference, 41 to 5 ; and Anglo-American,
211 WI.
United States 5-20 Bonds have declined 1 per
cent., viz., to 721 to 731. Atlantic and Great West-
ern Railway Debentures are at 28 to 29 ; and the
Consolidated Mortgage Bonds, 331 to 1.
It is stated that a new Russian Railway loan,
bearing the guarantee of the provinces through
which the line is to pass, will be introduced here in
a few days. The Egyptian loan is also expected
to bo brought forward at an early date.
TWO O'CLOCK.
The English funds are unaltered for money,
but exhibit a fresh rise of 1-16 per cent.
for the account, viz., to 95. As regards
railway stocks, Metropolitan and Groat
Northern A are 1 to 1 per cent. better, while Groat
Eastern and Brighton have declined I to }. Peru-
vianbonds of 186. i have fallen per cent., the pre-
sent price being 781 to 1, ex div.
FOUR O'CLOCK.
The government funds remain firm, at 941 to
95 for money, and 95 for the account.
Home railway stocks show a fresh rise of to
per cent. Caledonian, 711 to 1 ; Metropolitan,
1121 to 1; Brighton, 521 to 1; South Eastern,
731 to ; Midland, 1051 to ; London and North
Western, 114} to 1; Lancashire and Yorkshire,
128/ to 1 ; and Great Western, 491 to 30.
The foreign stock market is steady. Italian,
511 to 521 ; Orel, 821 to 83 ; Nicholai, 651 to ;
Spanish of 1867, 361 to 1 ; and Turkish of 1865,
391 to 1.
No bullion operations have occurred at the
Bank.
At Paris to-day the Three per Cent. Rental
opened at 70fr. 750. for the account, being 1-16
per cent. lower.
It is stated that out of the proceeds of the new
Argentine Loan, the whole of which has now been
placed, a awn of 500,0001. is likely to be despatched
forthwith to Buenos Ayres.
The bidding' for v‘ernment bills on India were
heldyeeterdayatthe • of England. The amends
allotted were, to Calcutta, 18,59,000 rs., and to
Madras 1,41,000 re. The minimum price was fixed
at Is. 101 d. on both presidencies. Tenders at
Is. 101 d. will receive about 47 per cent. It thus
appears that, while government reduced their
terms byabout Id., or 1 per cent., the rates actually
paid have been somewhat higher than on the last
occasion.
The Brighton Railway Bill having passed the
House of Lords on Tuesday night, it is presumed
that little delay is likely to take place in the issue
of the further 1,000,0001. of ordinary stock which
the bill empowers the directors to create. This
additional issue, which is to defray a further
amount of the outstanding debts of the company,
will raise the total of the ordinary stock to
7,800,0001.
The East London Railway Company are inviting
subscriptions for an issue of 6 per oent. debentures,
to form a first charge or mortgage on the under-
taking. Under its Act of Incorporation, the
company Irlaisower to borrow 466,6001. against
its es • of 1,400,0001., the whole of which
has been issued and registered, and of which more
than 1,000.0001. has bean paid up. It is a navel
feature that there debentures are to be lamed for •
term of twobears only, the directors' calculation
being that, as the line will then be finished to
Whitechapel, and in productive working, they
will be enabled to deal with them by con-
version into debenture stook, or otherwise, upon
more advantageous terms than are now o • .
Meanwhile the debentures will be a promissory
note for two years, secured by the whole of the
company's estate, and a sum equal to the two
years' interest is to be invested in Consols in the
names of trustees. The prior of issue is par.
The voluntary liquidators of the English and
American Bank (Limited) have declared a further
dividend of 21. 10s. per share, making, with the
first dividend, seventy-five per cent. of the amount
paid up on the shares.
The directors of the London and Westminster
Bank have resolved to declare to the proprietors
at the seeing soma aseetiag a dividend sod
tam equal together to 12 per els& for the hen-

year ending the 30th June, at the sMne time
carrying forward 25,0001. to the credit of profit and
loos account for the current half-year.
Creditors of the Oxford and Canterbury Halls
Company (Limi ed) are required to send the par-
ticulars of their claims to Mr. G. A. Cape, of
8, Old Jewry, the official liquidator, by the 17th
inst., the 24th having been appointed by Tim-
Chancellor Oiffard for adjudicating upon them.

MINES.-(THIS DAY.)

ONB O'CLOCK:

A few tranasotiona have been reported in tb
mining market, at yesterday's prices. Great Re
tallack, 31 to 1; West Chiverton, 601 to 6l1;
Chiverton Moor, 61 to 71; Great Vor,
151 to t • Grenville, 29 to 31; New Lovoll. 20e.
to 258. ;'Prince of Wales, 38s. to 403. ; Caldbook
Fells, 108. to 12s. 6d.; Marko Valley, 61 to t ;
Great Lacey, 171 to 1 ; West Francis, 221 to 25 ;
and Clifford, 21 to 31.
Subjoinod are the quotations for foreign and
colonial mining shares : --St. John Del Rey, 194 to ;
Don Pedro, 31 to 1 prom ; Anglo-Brazilian, to
!atm.; Rossa Grande, a to 4 prem. • Pestarens,
Ito die. ; Chontales, 1 to 21; United Mexican.
1?, to ; and Port Phillip, 1 9-16 to 11-16.

RAILWAY, MINING, AND OTHER
SHARES.-(711.12 DAY.)

[Closing paces to 1 p.m. J
COLONIAL GOVERNMENT SICURITMS.
Canada (Jan. and July), 901.
Cape of Good Hope, 18904900, 1111.
New South Wales, 1888 to 1896, 971, 8, i d.
Queensland, 1891, 106), 6, 51.
Victoria, 1121.
ORDINARY SHARES AND irrocKs.
Caledonian, 711.
Great Eastern, 36, 1
Great Northern, 1021.
Do. A(A receives no dividend nada 6 pee seat. Me
been paid to B), 041 61
Great Western, Original, 491,th
London, Brighton, and Sou Comet, 1121,
London, Chatham, and Dover, 191.
London and North Western, 1131, 141
Manchester, Sheffield, and Lincolnshire, 41/ 1.
Metropolitan, 1111, 1,1, 1.
Metropolitan District, 81, ad.
Midland, 105, 1.
Midland, Birmingham and Derby, 74.
North Eastern.—Barwick, 1021
North Eastern—York, 93.
North Eastern—Stockton and Darlington, 1321.
North Staffordshire, 58.
South Eastern, 731, 1.
PREFERENCE SHARES.
Great Western, Original, 41 per cent., 851
PREFERENCE SHARES AND STOCKS.
Metropolitan 6 per oent., 103.
North British E. and G. (Ord.) 4 per cent., 584.
BRITISH POSSINSIONS.
Cape, guaranteed 6 per cent., 63.
Zest Indian, gun. 5 cent., 1091 id.
Great India Penmen gun. 5 per cent., 1081, xd.
Great Southern of India, gun. 6 per cent, 105, id.
&Inds (Delhi), gun. 5 per cent., 102, rd.
FOREIGN RAILWAYS.
Antwerp and Rotterdam, 10).
Dutch Rhenish, New, 7 7-16.
Great Luxembourg, 111, 12.
FOREIGN RAILWAY OBLIGATIONS.
Great Luxembourg 5 per cent., 31, ex div.
Orel Vitebsk, guar. by Rua. govt., 5 per coat., 821.
COLONIAL AND FOREIGN MINSS.
Cape Cower (Limited), 121, 1.
Don Pedro, North del Bey, 3), $, pm.
St. John del Rey (Limited), 20, 19) 1.
Fudansmutano of South Australia (limited), 2.
JOINT STOCK BANKS.
Alliance (Limited), 141
Imperial Ottoman, 101, 1, rd.
London Chartered of Australia, 221.
London Joint Stock, 331.
London and Westminster, 701
Ditto, Scrip, issued at 101. prem., none of whisk bait
been paid, 471 1, x in.
Metropolitan (Limited), 7).
Midland (Limited), 191.
Union of London, 331.

MISCELLANEOUS.
Anglo-American Telegraph (Limited), 211.
Anglo-Mexican Mint, 161.
Atlantic Telegraph, 471.
Do. 8 per cent., 971.
Credit Fonder of England (Limited), 3, 1.
Crystal Palace, 26.
Egyptian 9 per cent. Viceroy, gua. by Egyptian gevesn-
nicuilB.
Get,nerall Credit and Discount (Limited), 5 6-16.
International Financial Society (Limited), 3 9-16.
London Provincial Telegraph (Limited), 3, 1.
London General Omnibus Company (Limited), 2 1-16, I.
Madras Irrigation and Canal, guar. 6 per cent. by
Indian Government, 1021, xd.
National Discount Company (Limited), 111, 1.
Reuter's Telegram. 24.
United Kingdom Telegraph Company (Limited), 4.
Ditto, 10 per cent. Preference, 8.
Viceroy of Egypt (Mortgage) Loan, 741.