The Express.
London, England, 1868-12-28 00:00:00

is at the same time intimated that a ets of
fade her been printed, and sasy be ei Nlaaeedd by
saw diseekolder as application.
sotaaCcol isediar et the Uruguay Pastoral As-
(Limited) is called for the 30th inst.,
when the mdm.s will ask authority to issue de-
bentures.
An extraordinary general meeting of the Pale*
and Burlington Hotels Company (United) is oon-
vened for the 12th January, when a dividend is to
be declared.

The directors of the Russian (Vyksonnsky) Iron
Works Company (Limited) have issued their re-
port, in anticipation of the annual meeting• celled
for the 90th December. The following is en.
extract:

Allusion was made in the last report of the directors to
certain litigations affecting the company in Russia. During
the present year other claims against the company have
aunined a serious form. They arise, as the directors un-
derstand, from contracts made by those manning and in
possession of the property before the conveyance to the
company, and which it is- contended are still a charge on
the estate; these claims involve sums of a large amount.
The company has a covenant to indemnify it against sneh
claims from the former proprietors (Mesas. Shepelcdh),
but it is believed that these gentlemen would not be able
to meet them, and, at all events, if the claims are substan-
tiated, the company will be primarily liable. An
inferior court has decided against the company in
one instance, but this has been appealed against, and it is
hoped that the suit ma be either gained before a superior
tribunal or ea • y arranged. The matter, however,
assumed so important an aspect that thu board deputed
Messrs. Lambert and Clarke to proceed to Russia early in
August last, giving Mr. Lambert full powers to set for the
company. These gentlemen have been indefatigable in
working for the company's interest, and are still in nego-
tiation with the ministers of the imperial government.
They are expected shortly to return, and, as the subject is
still before the courts, it is not prudent at present
to go more into detail. The blast furnace at Houle-
bake and the Rail Mill at Vuicksa have dean completed.
The shareholders will observe with satisfaction that the
debts owing by the company in England have been eon-
siderably diminished during the past year. In consequence
of the financial position of the company, the directora
determined not to pay the interest on the sherell, wNoh
they had hoped to diststrrbute in Jn4 lea. It is proposed,
with the cortmarre of Vio mullion, to 9propriate the
severe. amounts of Itadl. its. 71, and 24,300/., standing
to the credit of " Profit and Loss Account," and "Shares
forfeited respectively," and which appropriation isdescribed
in the report of the auditors. On its adoption by the share-
holders such appropriation will be forthwith made. The
directors have found it necessary to remove Mr. Barry
from his position as chief manager of the works at
Vuicksa.

In connection with the affairs of this company,
Mr. Herbert Barry is circulating a long •indica-
tory statement.

A call of 10e. is to be paid on the shares of the
London and Lisbon Corkwood Company (Limited)
by the 19th January.
The eighth and final call of 2/. is to be paid on
the 18/. inconvertible S per cent. preference shares
of the Midland Railway Company by the 15th
Januar7.
Creditors of the Saint Nazaire Company
(Limited) are required to send the particulars of
their claims to Mr. John Young, the liquidator.
by the 21st January, and those of the English and
Scottish Marine Insurance Company (Limited) to
the same gentleman by the Ist February.
Creditors of the Beaujolais Wine Company
(Limited) are required to send the particulars of
their claims to the voluntary liquidators by the
Ist February, the 15th February having been ap-
pointed for adjudicating upon them.
Vice-Chancellor Matins has appointed Mr.
Samuel L. Price to be provisional liquidator of tho
London Maritime Assurance Association.

A half-year's dividend, at the rate of 8 per
cent. per annum, is advertised as payable on the
shares of the South Australian Company on the
15th January.
A memorandum, received through Messrs.
Bates, Bendy, and Co., intimates that—

In January a new London weekly newspaper will be
published, under the title of The Asiatic. It will seek
to promote the development of our Eastern possessions,
and also afford to Anglo-Indians and others en
nity to discuss matters of public interest rel=grtZe
those countries.

The following is from the Levant Herat/ of th
16th instant :

Great excitement and uneasiness have again disturbed
our local money market during the week, with oorrespond-
ing ductuetivire te price of emisral debt. Though
there Lae been bat little expectation that the answer of
the Greek go t to the Porte's demands would be in
the 've, meculative tacticians have kept the market
in 5 ociastaot state of oecillatioa with contradictory private
telegrams, and as conflicting canards from the Porte.
"be result on the whole, however, has been but a farther
! -..rius on leat week's quotation—the closinf xinos
°') t- to-day being 4211 • -.abut 42' on the Bth. SocieteGenerale
.kis at ge prem.
ellarn have been diffbtli It,-- • eaes accorded to the
It is now known tha the rely..., -41# u possible
new Galata-French bank, are as nen.. (ran,
identical with those granted to the daunt, - •
man Financial Association and Bank of Turkey,
and to the very lively and prosperous (Turkish
Oinerale. Full care ham been taken to avoid
collision with the &man of the Imperial Ottoman Bank,
and with that view even the title of •• Banque Nationale,"
which the promoters mule a cardinal point, has been
refused. It may be doubted, therefore, whether the new
institution—thus reduced in poin t of privilege toe level with
some half dozen private en commaridite establishments
already in the field—will be very enthusiastically received
in Pans. Here in Galata, it will simply add another good
signature to the market, for the Bank and the Sociiti to
trust to in their purchase' of local paper.