The Express.
London, England, 1868-06-27 00:00:00

BRITISH POS8X13SION8:

Bombay, Bar. and Cent. Ind., gua. 6 per cent., log.
Eastern Bengal Guaranteed, 6 per cent.,
11%.
Grand Trunk of Canada, 4th preference etoc 171,
Great Indian Peninsula, gua. 6 per cent., 111
Do., New, 61.
Great Southern of India—guar. 6 per cent., 107.
Madras, g teed 6 per cent., 108
Scinde (Delhi),gua. 6 per cent., 104 k.

INDIAN RAILWAY a
East Indian, 1869-70-71, 108}.

FOREIGN RAILWAYS.
Antwerp and Rotterdam, 101.
Danaburg and Witepek (Lim.), guar. 5 per ct., 821, 2.
Great Luxembourg, 111, 1.
FOREIGN RAILWAY OBLIGATIONS.
Orel Vitebsk, guar. by Russ. govt., 6 per cent., 821, 2.
COLONIAL AND FOREIGN MINES.
Anglo-Brazilian Gold (Limited), 11-16.
Don Pedro, North del Rey, 4, 13-16 pm.
Rossa Grande 1 prem.
St. John del Rey (Limited), 191, 181.
Yudanamutana of S. Australia (Limited), 2.

DOCKS.
East and West India, 110.

JOINT STOCK BANKS.
Agra (Limited) A, 111.
Do., 8,9
Bank of New Zealand, 191.
British North American, 80.
Consolidated (Limited), 41.
London and County, 50.
London and Westminster, 701, 1.
Do., Scrip, issued at IW. prem., none of which has
been paid, 47.
Provincial of Ireland, 94.
Union of Australia, 491, 50.
Union of London, 38), 1.
MISCELLANEOUS.
Anglo-American Telegraph (Limited), 211.
Atlantic Telegraph, 491.
Do., 8 per cent., 95, 4.
Australian Mortgage Land and Finance (Limited), 41.
Credit Fonder of England (Limited), 31, /.
Egyptian 9 per cent. Viceroy, gun. by Egyptian govern-
ment, 871, I.
National Discount Company (Limited), 111.
North British Australasian (Limited): 38.
Peninsular and Oriental Steam, 54), o, 41.
Scottish Australian Investment (Limited), 12.5.
Telegraph Construction and Maintenance (Limited),
131.

The Arundel Society will shortly publish "Ex-
amples of Art-Workmanship of various Ages and Coun-
tries," comprising 20 photographs respectively from (1)
The Cathedral of Santiago de Compoetells, showing espe-
cially the sculpture of the Portico de la Gloria; (2) The
Sculptured Decorations of the Monastery of Batalha ; (3)
Treasure of Petroesa and other goldsmith's work, from
Roumania; (4) Ecclesiastical Metal-Work of the Middle
Ages, from works in the Louvre, Palaces of the Necessi-
dades and the Ajuda, Lisbon, South Kensington Museum,
and private collections; (5) Italian jewellery, as worn by
the peasants, collected by Signor Castellani, and purchased
in the Paris Exhibition for the South Kensington Museum
(twelve photographs) ; (8) Henri-Deux Ware; (7) Decora-
tive Plate ; (8) College and Corporation Plate ; (9) Italian
Sculpture of the fifteenth century.

A Paris letter says :—" If British enbjeeta have
any idea of visiting Paris just now, they will find no diffi-
culty in procuring apartments in hotel, or private houses.
Pretty nearly all the monde.. have left us; the streets and
boulevards look empty; cabmen actually ask you to
patronise them, and touch their hats; that is a pretty
evident sign of the times, for in the season our cabmen
only drive you about as a favour, and let you know it.
The boulevards are peopled by men and women whose
appearance tell you they are not wealthy loungers, but
labourers of the great city hive, professional men, clerks,
tradeepeople ; people who cannot got away, for there are
such victims in all large cities."
It is stated that M. Crosti, the baritone from
the Opira Comique, has been engaged by Mr. Mapleeon
to sing the part of Saint-Brie, in the performances of
Lea Ilugnenots which are to be given in our provinces.

Tin PALMER/STOW MEMORIALS.-It i 8 finally
settled that the inauguration of the Palmerston memorials
at Romsey shall take place on Tuesday, July 21. A
special service will take place, and a sermon be preached
by the Bishop of London. At the termination of the
service a promotion will be re-formed and proceed to the
market-place, when the statue will be uncovered, and an
inaugural address be delivered by one of the colleagues
of the late lamented statesman. The park and grounds
at Broadlands will be thrown open, and the band of the
Royal Marine Artillery will perform there. In the even-
Ztlie vicar will illuminate the western window of the

MONEY MARKET. 'THIS DAY.)

ONB O'CLOCK•

The markets for public securities are fiat to-day.
The fortnightly settlement, which has ;wit com-
menced, shows an increased supply of stoi.‘k, the
recent great rise in many securities having in-
duced realisations. Consols are without change of
importance, while most of the principal railway
shares have declined. Midland are freely offered.
Foreign bonds are dull, but most of them are un-
changed at present. Miscellaneous shares have
been very little dealt in ; General Credit, how-
ever, are in request.
The discount market is quieter, but the lowest
rate for bills is It per cent., owing to the diminu-
tion in the supply of money, through the revenue
payment to the Bank.

Consols arc quoted 94,1 to 1, ex div., for money,
and 941, " sellers," ex div., for the account (July
9), and the Three per Cents. Reduced and New
Throe per Cents., 941 to a.
Home railway stocks are flat, and prices have
given way. Midland shows chief depression, and
has declined 1 per cent., the present price
being 1041 to I. The reduction in the other lines
ranges from to 1. Caledonian, 711 to 721 ;
London and North Western, 114 a to 7
Great Western, 491 to 501 ; London and South
Western, 911 to 921 ; Groat Eastern, 361 to 1;
Brighton, 511 to a ; South Eastern, 74 to 1;
Metropolitan, 1101 to / ; Great Northern, 1021
to 103; Ditto A, 96 to 1; London, Chatham,
and Dover, 191 to 1; Lancashire and York-
shire, 1271 to 1281; York and North Midland,
931 to 1; Berwick, 1031 to ; and North British,
34 to 1.

Flatness is apparent in the foreign stock market,
but the only alteration is a reduction of / per cent.
in Egyptian of 1864, viz., to 811 to 821. Brazilian
of 1865, 761 to 771; Chilian of 1867, 951 to 96 ;
Italian of 1861, 541 to ; Mexican, 151 to ;
Peruvian of 1865, 85 to ; Russian of 1866, 90
to 91; Spanish of 1867, 371 to 1 ; Turkish of 1858,
63 to 64 ; ditto of 1862, 64 to 6.5; and ditto of
1865, 391 to Z.
There is no alteration in Indian stocks. The
Five per Cents. are at 114 i to 115 ; the Four per
Cents., 1041 to 105 ; the Bonds, 28s. to 335.
prom. ; and the Debentures, 105 to 1. Bank
Stock, 240 to 243 ; and Exchequer Bills, 15s. to
20s. prem.
The market for bank shares is inactive. Lon-
don and Westminster, 701 to 711; London and
County, 491 to 501 ; Union of London, 331 to 1;
Anglo-Austrian, 6 to 1 prem.; London and Bra-
zilian, 30 to 25 dia. ; Imperial Ottoman, 11 to 11
prem. ; and Mexican, 7 to 5 dia.

In the market for miscellaneous shares General
Credit aro ss. better, at 2k to 11 dis. National
Discount, 6to 1 prem ; Credit Foncier, 3 1-16 to
3-16 per share; International Financial, 11 to 1:
dis. ; London, 22 to 21 dig. ; Hudson's Bay,
15 to 1 ; Telegraph Construction, 13k to 14;
Atlantic Telegraph Eight per Cent. Preference,
41 to I ; and Anglo-American, 21: to I.
The annual meeting of the proprietors of the
Union Bank of Australia will be held on tho 13th
July.
The annual meeting of the Pacific Steam Navi-
gation Company is called for the 28th prox.
An extraordinary meeting of the Westminster
Banking Company is convened for the Bth of July
for the purpose of declaring an interim
dividend.

TWO O'CLOCK.

The stock markets close with a flat appearance.
Consols are dull, at 941 to 1 for money, and 941
for the account. Some of the railway stocks, in-
cluding Caledonian and South Eastern, show
a fresh decline of 1 to i per cent. In the
foreign stock market, Peruvian Bonds of 1865
have receded to 841 to 85, and Turkish of 186.5 to
39 to 1.

The following relates to the New Granada debt :
Messrs. Baring Brothers and Co. have this day received
on account of New Granada dividends the following re-
mittances :—From Custom-house of Santa Marta 7,2001.
15s. 6d. N.B. This includes 887 dole. 46c. from Rio
Bache ; 30,718 dole. 20c. on account of the 371 per cent.
duties assigned, and 8,286 dole. in payment of sums
retained during the past year. From Custom-house of
Sabanilla, 1,0741. lls. 6d. Total, 8,2761. 7s.

The sum of 10,000/. in bar gold was sent into
the Bank yesterday.
The Virginia, from New York, has brought
9,6001. in specie, and the Nyanza, from Alexandria,
2,1271. The amount of specie despatched from
the United States yesterday for Europe was
70,0001.

The steamer Pere will take to-day 15,3401.
in specie for the East, of which 13,1601. is silver
for Shanghae.
In the foreign exchanges yesterday afternoon the
only alteration was a slight advance in the rates
for bills on Hamburg.
At Paris the rate of discount in the open market
is now 11 per cont. ; at Frankfort and Brussels, 2 ;
at Hamburg, 21; at Amsterdam, 21 ; at Berlin,
3; at Vienna, 4 ; at Turin, 41; and at St. Peters-
burg, 6 per cent.
At a meeting yesterday of the creditors:of Messrs.
Cutler and Barker, hop and seed factors, who
failed on the 13th instant, a balance-sheet was
presented by Messrs. Kingsford and Garlant, the
accountants, showing unsecured liabilities to the
amount of 33,0001., against assets valued at only
6,500/. It was resolved to wind up the estate
under inspection.
The commercial advices from the Danubian
Principalities mention the failure of Messrs. P.
Maraasi and Sons, of Galatz and Ibraila, in the
corn trade, with liabilities for about 50,0001. The
estate is expected to produce about 4s. in the
pound. The stoppage is understood to have been
caused chiefly by the late fluctuations in the corn
trade, and a large portion of the loss will fall upon
English houses.

tie joint traffic return of the Caledonian and
North British railways shows this week an increase
of 1,0911. over last year.
An important statement, bearing the signature
of Mr. H. G. Stebbins, the pre 'dent of the At-
lantic and Great Western Railway, and which bas
been adopted at a meeting of the board of
directors in America, has been sent out to
the bond and debenture holders. It shows " the
present financial position of the company, with
proposals for its reorganization and resumption of
Parnentn," and appears to deserve the calm con-
sideration of all parties interested. It will be a
great pity should the resuscitation of this under-
taking be marred by sectional animosities. One
of the chief passages of the " statement " is given
below :

The company having lost, by forced realisation of its
securities during the panic, a larger amount of its capital
than has been found necessary for the completion of the line
and its special requirements, it has reasonable ground's for
asking what would otherwise be unjustifiable, that its
creditors should for a comparatively short time reinvest
their interest. It is proposed to capitalise into "Income
Bonds," bearing 4 per cent. annual interest in gold from
15th November next, having twenty years to rim, with
semi-annual coupons attached. 1. Two years' coupons on
first Mortgage Divisional Bond; 798,070 dols. • 2. Three
years' Coupons on second Mortgage Divisional Bonds,
308,663 dole. ; 3. Four years' Coupons on Consolidated
Mortgage Bonds, 4,926.180 dohs. • 4. Two years' interest
on debentures from date of payment of last coupon, 14th
November, 1867, at 6 per cent. per annum, 1,400,000 dots. •
total amount of Income Bonds to be lensed, 7,432,803 dole.
Resumption of interest at 7 per cant. will, therefore, com-
mence on the First Mortgage Bonds from the Ist of Octo-
ber next.

A meeting of the Ebbw Vale Steel, Iron, and Coal
Company (Limited) took place yesterday, being
the first meeting since the reconstruction of the
company. The report and accounts were adopted.
The report congratulated the proprietors upon the
completion of the reconstruction, accompanied as
it is by a redaction of the nominal capital. An

'''''''''''R.V.^

ad interim dividend of 3s. per share was declared,
amounting to 18,8161., and leaving a balance of
5,4071., which is to be added to the reeerve fund.
The traffic of the Cape Railway for the month of
April was 4,4581., against 4,2021. in April, 1887.
For the four months ending the 30th April last
the receipts were 18,0791., being 2,1451. more than
last year.
An extraordinary meeting of the South Raster*
of Portugal Railway Company (Limited) is called
for the 10th of July, " to consider and approve the
basis of a contract between the said company and
th q Portuguese government, and to authorise the
dire, •tore to carry the same into effect."
Ann.-xed are the quotations of insurance, gas,
dock, w.‘terw"ks, and canal shares, as given
in the skit it Exchange list of last evening:
bummice.,..„ Alliance British and Foreign, 121 1 ; Com-
mercial Union, ifli Indemnity Marine, 122 ; Nortk
British and Menem. 17}; Fhcenm, 132 30; Universal
Marine (Limited), 61 •
Dar Light add Coie..—Ci of Moscow Oast 41 5;
European, 141; ()rest CeuMittlmperial
:3; Continental.
991 9 ex div.; Miami:, 271 ; NYestern, 14 11.
Dochs.—East and West India, 11, 141; London and St.
Katherine, 47 61 ; Surrey Commercial, 106.
Waterworks.—Berlin, 14 1 ; ditto new, 7 ; Chelsea, II 1 ;
East London, 115.
Canals.—Regent's (or London).-22%.