The Express.
London, England, 1868-03-24 00:00:00

"win also be proposed at the meeting for autho-
riliagthe immediate dietribution elf the capital of
the company amongst the proprietors, and the dis-
posal of an ultimate balance (estimated not
ntifor:
aced 2,0001) arising from miscellaneous so "
The half-yearly meeting of the Perumn
Railway Company is convened for the 21st of
April, when a dividend is to be declared.
The adjourned half-yearly meeting of lie Me-
tropolitan Railway Company is to be held bn
Wednesday, the 25th inst.
The half-yearly meeting of the Bank of Vicleiria
(Australia) was held at Melbourne on the 4tll# of
February Lit, when a dividend at the rate of 10
per cent. was declared (25,0001.), leaving 21,2421.
Urn. 6d. to be carried forward.

Creditors of the London and Venezuela Bank
(Limited), residing in England, are required
or before the 9th of April, to send the partictffara
of their claims to Mr. Edward Redman, of Tele-
graph-street-chambers, one of the liquidators, the
21st of April having been appointed by Vies-
Chancellor Molina for adjudicating upon them.
An extraordinary general meeting of the 'Ws-
holders of the Grand Russian Railway Coiiipin7
(" Grande SocioStA des Chemins de Fer Busses") is
(*moiled for the 20th April (2nd of May) at St.
Petersburg, when the council will ask authoritt to
solicit from the government a cession of the
Nicholas Railway from St. Petersburg to Moeortw.
The new debenture stock of the Metropolitan Dis-
trict Railway Company was quoted yesteniay 1 to
1} prem. We are intormed Out of the 400,0001. et
stock offered, about 330,0001. is being allotted to
persona who will pay it up in full, and that, apart
from small subscriptions in respect of which no re-
duction will be made, the residue will be dis-
tributed amongst the general applicants, whose
proportion will therefore necessarily be limited.
Messrs. Baring Brothers and Co. annowce, with
regard to the Russian Four per Cent. Loan of
1807 for 12,000,0001., that they are prepared to
deliver bonds in exchange for the full paid scrip of
the London subscription, representing bonds of
1001. each.

The Official Gaulle of Madrid, of Saturday last,
contains a decree authorising the Minister of
Finance to contract a Cuban loan of 2,200,0001.
sterling at 6} per cent., redeemable in 13 years.
This loan will be negotiated in Paris, and :aho
' perhaps in London.
Two loans hare been introduoed in Belgium.
One is a commercial loan of 600,0001. sterling, or
15,000,000 f. in 160,000 obligations of 100 f. each,
bearing 3 per cent. interest, redeemable in 46
years by quarterly drawings. The price of issue is
91f. 50c. if paid up by instalments, and 90f. 50c. if
paid up at once. The loan is intended for a num-
ber of cities and communes. The contractors are
the Soci6t4 (Ware! of Brussels, and Messrs. Roths-
child Brothers of Paris. The other loan is for the
City of Liege, for 474,8001. sterling, or 11,870,000 f.
in 118,700 bonds of 100 f. each, bearing interest at
the rate of 3 per cent. per annum, and redeemable
in 66 years. The issue price is 91 if paid up at
once, and 92} if paid by instalments.
The government of Wurtemburg has been
authorised to contract a loan of eighteen millions
of florins, for the construction of new railways.
One half of this loan, bearing 44 per cent, interest,
has been issued by Messrs. Rothschild and Sons,
of Frankfort, at the rate of 92} per oent.

At the approaching general meeting of the
" flociEt4 04n4rale pour favoriser le developpsment
du Commerce et de 'lndustrie en France,' to be
held on the Ist April next, a dividend will be pro-
posed of 19f. 40c. per share. This, added to the
interim dividend, paid on the lit October, of
sf. 60c., makes for the year 1867 a dividend of
25f. per share.

Subscription lista for the loan for the City of
Florence have been opened in Belgium, France,
Germany, and Italy.

Messrs. George A. Lloyd and Co.'s circular,
dated Sydney, February 1, says:

Business has been entirely suspended, and we hardly
know of a sale worth recording except one made by our-
selves of the whole of the property of the Queensland Steels
Navigation Company, including the ste oars Lady Young,
Lady Bowen, Queensland, and Emu, together with all the
wharf property in Brisbane, to the Aastraluian Steam
Navigstice Company, for the saes of 42,5001. net cash.

MONDAY MVINING.
Commas, which closed on Saturday at 93f,
"buyers " for the 2nd of April, opened this morn-
ing at the same quotation, and closed at 931.
For money the limit price was 93 to e. The Three
per Cents. Reduoed and New Three per Cents.
were last quoted 911 to 92; Exchequer Bill, 10e.
to 15e. prem., showing • decline of Is. ; India Five
per Cents., 1131 to 1141 ; ditto Four per Cents.,
1001 to 101, ex div. ; ditto Bonds, 28s. to 335.
mem. ; and ditto Five per Cent. Debentures,
105 to 1. The official business report is as fol-
lows :—Three per Cent. Consols for money, 93,
1, 3 ; ditto, for account, 93/ ; Three per Cents.
Reduced, 911, 21, ex div. • New Three per Cents.,
911, 21, 11 ex div. • Bank Stock, shut ; India
Five per Cmt. Stock, 1141, 14 ; ditto Four per
Cent. ,
I 101, ex div. • ditto Four per Cent. " en-
faced rupee paper. 871,1
The changes in foreign stocks were nearly evenly
balanced. Turkish of 1865 (Six per Cents.) and
Peruvian of 1866 were in demand, and rose 1 to
14. per cent. Turkish of 1854 advanced 1 ; Peru-
vian of 1862, Brazilian of 1865, Chilian of 1867,
and Spanish Deferred, 1 ; and the Orel-Vitebsk
Railway Loan, On the other hand, some of the
Egyptian Bonds declined 1 per cent. ; the Railway
debentures and Viceroy's Loan, 1 ; Turkish of
1858 and Chilian of 1866, 4 ; Mexican and Italian
of 1861, ; and Spanish New Three rr Cents.
and Turkish of 1866 (Five per Cents, .
With the exception of a decline of If. in Colonial
and 2s. 6d. in Imperial Ottoman, which closed at
dia. to par, bank shares showed no change.
The shares of the financial companies were with-
out alteration of importance, at the following
t clesirii:ii—lnternational Financial, 11 to 1# dia. j•
Credit, 21 to dia. • Credit Folmar, 71
to 61 du. ; and London Financial, 26 to 24 dik

The market for Atlantic Cable shares was dull.
Anglo-American closed at 211 to 22, being a frac-
tion lower ; Atlantic Telegraph Eight per Cent.
Preference, at 6 1-16 to 3-16, showing a decline of
is. 3d. ; and Telegraph Construction, at 13* to }—
• reduction of 10a.

Hudson's Bay shares closed .1 14 Mit show-
ing a reduction offs. 6d. • and National iscount,
at to 61 prem., being steady. Miscellaneous
shares were fiat, owing to a preponderance of sales.
Royal Mail Steam declined 11. ; City Offices, Union
Marine of Liverpool, and Van Land,
10a. ; and City Disoount and Fore-street Ware-
house, &a

ColOnial government debentures were unaltered,
in the absence of business.

American securities were flat, and the changes in
prices were unfavourable. The 6-20 Bonds de-
clined * pea cent. ; Erie sad Illinois Central Rail-
way shares, ; and Atlantic and Great Western
Debentures and Consolidated Mortgage Bonds, 1.
The latter were pressed. for sale urn a rumour that
a difficulty has amen m connexion with the pro-
posed agreement with the Erie Company. Prima
closed as follows:-6-20 Bonds 1892 72 to 1 ;
ditto 1886, 70* to 71* • ditto 10-40, 68} to
Railway shares, 46} to 47 ; 891 to
I: Atlantic and Great Western Railway ban-
-261 to 27* ; and Consolidated Mortgage
Bonds, 271 to 281.

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