The Express.
London, England, 1868-07-11 00:00:00

JULY 11, 1868.

E VENING,

IMPERIAL PARLIAMENT.

ROUSE OF LORDS.--(11118 DLY.)
Their lordships met to-day at noon. Thar* were present
Lords Bedandafre (in the chair). the Dubs of MI
the Earl. of Malmesburr, Lord Hatinirden,.etb°nndr
Denman.
The Lawny andillinbeuletnant Bill was brought up
from the Commons and read a first time.
The Representation of the People Outland) Bill was
brought up with a message that the Commons do not in-
the Lost upon. their amendment to the amendments made by
rds.
The Ott of London (ha Bill was alsinbroaght up from
the lower house.
The sitting did not occupy more than two or three
minutes.

IIRKAKFAST AT THE INDIA-OFFICS.
(TlllB DAT.)

Sir Stafford Northooto entertained the following
gentlemen at the ludie...offiee at breakfast this mornirr;
The Earl of Kellie, Sir Charles Staveloy, Sir William
Hill, Sir Henry Green, Mr. Rassam, Mr. Fled,
Colonel Thuillier, Mr. Schalch, Colonel Dillon, Lieutenant
Prideaus, Dr. Blanc, Colonel Fraser, Major Roberts,
Colonel Milward, Colonel Thesigar, Captain Holland,
Colonel Grant, General Chesney, Mr. Abbott, General
Van Cortlundt, Mr. Dickinson, Mr. Ashley Edon,
Mr. Lawrence, Mr. Torreno, M.P., Mr. Robinson,
Mr. Prideowt, Mr. Hooper, Mr. Marwond Tucker,
Mr. Davison, General Pears, Mr. Markham, Mr.
Bedford, Mr. Kaye, General Baker, Captain Eastwick,
and Mr. Northcote.

MONEY MARKET.-(THIS DAY.)

ONE O'CLOCK.
The government funds are still flat and have
experienced a fresh decline of e, per
oent., the long continuance of drought leading
to apprehensions with regard to the wheat
crop. The best answer, however, to these views is
the drooping tendency of the corn market—
a circumstance which appears to' be lost
sight of at the moment in the Stock
Exchange. Foreign stocks are dull, and
a further reduction is apparent in Spanish of 1867.
The changes in railway shares are about evenly
balanced. The Indian Five per Cent. Stock is
lower. The fortnightly settlement will commence
on Monday, and meanwhile there is little inclina-
tion on the part of the usual operators to enter
into fresh transactions.

The rate for choice bills in the discount market
is 11 to 11 per cent., and for loans in the Stock
Exchange 1.
Consols are quoted 941 to ;, ox div., for
money, and 94/ to 1, ex div., for the account
(Aug. 6), and the Throe per Cents. Reduced
and New Three per Cents., 941 to 1.
With respect to railway stocks, Great Western,
Midland, Great Eastern, and Brighton have risen
to 1 per cent., while Caledonian, South
Eastern, and Great Northern A have declined a to 1.
Subjoined are the prices :—Caledonian, 70/ to ;
London and NorthWestern,ll3l to a; Great Western,
48; to I; Midland, 1041 to ; London and South
Western, 911 to 921; Great Eastern, 361 to 1;
Brighton, 51/ to 1; South Eastern, 734 to 1 ;
Metropolitan, 1131 to a ; Great Northern, 1011 to
1021; Ditto A, 931 to 96 ; London, Chatham,
and Dover, 191 to 1; Lancashire and Yorkshire,
1271 to 1281; York and North Midland, 92/
to 931; Berwick, 1021 to 4 ; and North
British, 34 to 1.

Foreign stocks are dull, but the only change at
present is a decline of per cent. in Brazilian of
1865 and Spanish of 1867, viz., to 761 to 77, and
351 to 361, respectively. Chilian of 1867, 92f to
931 ; Egyptian of 1864, 82 to 83 ; Italian of 1861,
531 to t, ex div. ; Mexican, 15/ to 16 ; Peru-
vian of 186.5, 801 to 1, ex div. ; Russian of 1866,
91 to 92 ; Turkish of 1858, 651 to 661; ditto
0f1862, 63 to 64, ex div. ; and ditto of 186.5, 411
to t.

The Indian Five per Cents. have declined }
cent., the present price being 114} to 115. The
Four, are at 1041 to 105 ; the Bonds, 275. to
325. prem. ; and the Debentures, 105 to }. Bank
Stock, 242 to 243 ; and Exchequer Bills, 16s.
to 20s. prem.

Bank shares are quiet, with few dealings :
London and County, 491 to 501 ; Union of Lon-
don, 331 to ; London and Westminster, 691 to
701 ; Anglo-Austrian, 5 to 1 prem., ex div. ;
London and Brazilian, 30 to 28 die. ; Imperial
Ottoman, 11 to 1 prem., ex div.; and Consolidated,
/ to 1 prem.
The only movement in miscellaneous shares is a
rise of 2s. 6d. in Hudson's Bay, viz., to 13 to 1;
National Discount, 61 to I prem. ; General
Credit, 21 to I dia. ; Credit Foncier, 3 to 1 per share;
International Financial, 11 to d die. ; London,
22 to 20 die. ; Telegraph Construction, 131 to
141; Atlantic Telegraph Eight per Cent. Pre-
ference, 41 to 1 ; and Anglo-American, 211 to 1.
TWO O'CLOCK.
Consols remain dull, at 941 to 1 for money, and
941 to 1 for the account.
Foreign stocks are flat. Turkish bonds of
1865 have declined per cent., viz., to 411 to Z.
Peruvian of 1865 are quoted 80 to 1, being 1 per
cent. lower ; Spanish of 1867, 351 to 361; Italian
of 1861, 531 to ; and Mexican, In to 16.
In the railway market, Caledonian and Metro-
politan stocks have risen fto per cent., the pre-
sent prices being 701 to 1 and 1131 to 1141 re-
spectively ; Midland, 1041 to 2 ; South Eastern,
731 to 74; and London and North Western, 1131
to /.
United States 5-20 Bonds are without variation
at 73 to 1.
About 22,000 sovereigns were withdrawn from
the Bank yesterday for the West Indies.

The Suffolk ha; arrived from Melbourne with
133,0001. in specie, and the Holsatia, from New
York, with 108,5001. Gold to the amount of
73,000/. was despatched from New York yesterday
for Europe.
. .

The alteration in the foreriarchluiges yesterday
afternoon consisted of a ' t reduction in the
rates for bills on Vienna an Frankfort, and an
advance as regards Italy.

At Paris the rate of discount in the open market
;1 now 14 per cent.; at Frankfort and Brussels, 2 ;
at Hamburg, ;at Ameterdam, 23 ;at Berlin,
3; at Vienna, 4 ; at Turin, 41; and at St. Peters-
burg, 6 per cent.
The directors of the Union Bank of Australia
have resolved upon a dividend of 1/. 17s. 6d. per
share, being 71 per cent. for the half-year.
At the half-yearly meeting of the general board
of directors of the Thames and Mersey Marine
Insurance Company (Limited), held in London
yesterday, an interim dividend of 2s. per share, or
at the rate of 10 per cent. per annum, was declared,
free of income tax, for the half-year ending the
30th June.

Subjoined is the report of the directors of the
Imperial Bank (Limited), to be presented at the
meeting on the 14th inst. :

The statement of accounts which the directors submit to
the shareholders shows that the balance of profit at the
close of the past half-year amounts to 26,3511. 2s. After
the payment of current expenses, providing for bad and
doubtful debts, and allowing for rebate of interest on bills
discounted not yet due, there remains for appropriation
the net sum of 14,8.521. 6s. Bd. The directors recommend
that 11,250/. be applied to the payment of a dividend at
the rate of 5 per cent. per annum, free of income tax, and
that 3,602/. 6e. &I. be carried to credit of the profit and
loss account for the current half-year. It is proposed that
the dividend be payable on and after Wednesday, the
22nd instant.

A call of 2/. is to be paid by the 13th of August
on the shares in the Great Indian Peninsula Rail-
way Company, on which 81. has hitherto been
called.

Subjoined is a report of yesterday's sale at the
" Open Stock Exchange (Limited)" :

European Assurance, lie. 6d., paid 3s. 6d.; Lucy Phillips
Gold Mine, £5 fully paid, 41; Crystal Palace 301. Ordinary
Stock, 71. 175.; Itossa Grandee, It fully paid, 265. • ditto,
14s. paid, 2ls. 6d. i Belgian Public Works A. Shares, 101.
fully paid, 71; Oriental Hotels Company, 10/. fully paid,
21 ; Varna Railway, 201. Bonds, 3f to ; Imperial Land
Compost), of Marseilles, 201. Bomb', 1873, 6 3-16; British
Mutual Investment Loan and Discount Company, 31.
paid, 2, ; Eastern District Freehold Estates Company,
3!. 10n., 21; Yudannmutana Mining Company, 3!. fully
paid, 2/. ; Brighton Hotel Company, 51. fully paid, 9a. 6&
fo 10s. ; Credit Fonder., 10/. fully paid, 31. ; General
Irrigation and Water Supply Company of France, 101.
paid, ; Inns of Court Hotel Company, 501. Bonds,
ill.; ditto. 40!. Bonds, 4/. ; Consolidated Land Company of
France, 201. Bonds, 1874, 43 ; ditto, 1877. 4i ; John King
and Co., 7!. paid, 3/. ; Ceylon Coffee Estates Company,
101. fully paid, 4s. 61. ,• Nevada Silver Mine, St. fully paid,
4s. 6d. to de. ; Aomted Bread Company, first issue, W.,
22 to 21; Central American Association, 30a. paid, 30s.