The Express.
London, England, 1868-12-22 00:00:00

LATEST FOREIGN INTELLIGENCE.

reuirmi saosus's &own.)

SPAIN.

MADRID, Dr°. 22.

Numerous changes have been made by the Pro-
Askew' Government in the personnel of the colo-
nial magistracy, and the Gazette of to-day contains
the appointment of several new members in that
body.

The telegrams reee;ved here from the provinces
show that the !emit of the elections, by a large
majority, is, up to the present time, in favour of
the liberal monarohical party. Nowhere has
public order been disturbed.

MONEY iIdEZET.—(THZA DAY.

ONE O'CLOCK.

In the absence of unfavourable news from the
Continent, the markets for public securities ex-
hibit a firmer tone to-day. Consols are inquired
for, and have experienced an advance of 1 per
cent. A similar movement is apparent in the
Three per Cents. Reduced and New Three per
Cents. The rise in foreign bonds ranges
from 1 to 1 per cent., the principal move-
ment being in Egyptian of 1868 and
Italian of 1861. Business in the railway
department also shows a preponderance of
purchases, but the improvement at present is con-
fined to two or three stooks. Metropolitan has
advanced per cent., some speculative operations
for a tall having been closed. The transections
generally are upon a limited male, and are ex-
pected to still further diminish during the next
few days.
There is a moderate demand for money, and the
rate for the beet bills is steady, at 21 per cent.
The charge for advances in the Stock Exchange,
on English government securities, is 2 per cent.
The English funds are at 921 to for
money, and 921, for the account (January 5),
and the Three per Cicala. Reduced and New
Three per Conte, 921 to 1.
The railway market is rather firmer. Metro-
politan stock is inquired for, and has risen } per
cent., viz., to 102 to 1. Great Western is 1
higher, at 481 to 1 ; London and North Western,
1111 to 1 ; Midland, 1121 to 1; London and
South Western, 87 to 88 ; Great Eastern, 411 to
; Brighton, 481 to ; South Eastern, 781 to
; Great Northern, 1051 to 1061 ; ditto A, 1071
to 1081; Caledonian. 731 to 741; and London,
Chatham, and Dover, 161 to 17.
Foreign bonds are in request, and a rise of 1 to
1 per cent. has occurred in Egyptian of 1863,
Italian of 1861 and 1868, Spanish of 1867, and
Turkish of 1865. Subjoined are the quotations :
—Brazilian of 1865, 78 to 1 ; Chili= of 1867, 96
to 1; Egyptian of 1864, 82 to 83 ; ditto of
1868, 721 to 1; Italian of 1861, 531 to ; ditto
Tobacco Loan, 2 to 1
.pram. ; Mexican, 141 to
15 ; Peruvian of 1865, 781 to 791 ; Russian
of 1866, 89 to 90 ; ditto Nioolai, 641 to GS ;
ditto Orel, 771 to 78 ; ditto Moscow-Jaroslaw,
761 to 771 ; ditto Charkof-Azof, 31 to 3 dis. ; ditto
Charcow-Krementschug, 21 to 1/ dis ; Spanish
of 1867, 321 to 1; Turkish of 1858, 59} to 60) ;
ditto of 1862, 61 to 62 ; ditto of 184;5, 38 to 1.
Indian securities are steady. TheFi►e per Cents.
are quoted 1111 to 1121; the Four, 1021 to 103 ;
the Bonds, par to 10s. prem. ; and the Debentures,
1041 to 105. Exchequer Bills, March, par to s'.
prom. ; and June, 3s. to Bs. prem. Bauk Stock,
240 to 242.

Bank shares are quoted the same as yesterday.
London and Westminster, 651 to i ; City, 111
to 121 ; London and County, 501 to 1; London
Joint Stock, 351 to / ; Imperial, 171 to 181 ;
Anglo-Austrian, Bto prem. ; and Imperial
Ottoman, 1 to 11 prem.
The market for misoellaneous shares is quiet, and
prices are unaltered. General Credit, 2 to 1/ dis. ;
International, 1: to 11 dim. ; Hudson's Bay, 131 to
3 ; National Discount, 111 to 121 ; Telegraph Con-
struction, 10 to 1 ; Atlantic Telegraph Eight
per Cent. Preference, 31 to 1 ; and Anglo-Ame-
rican, 211 to 1.
United States 5-20 Bonds are in demand, and
show a rise of per cent., viz., to 731 to 74.
Illinois Central Railway shares are quoted 931 to
1, being better ; Erie, 251 to 1 ; Atlantic and
Great Western Debentures, 381 to 39 ; and the
Consolidated Mortgage Bond*, 401 to 41.

TWO O'CLOCK.

Crest Northern A and Caledonian railway
stocks have improved fto per oent., while Great
Eastern has declinel 1. Anglo-American Tele-
graph shares are 2s. 6d. lower. Other securities
are unaltered.

FOUR O'CLOCK.
Consols are firm, at 92k to 1 for money, and
921 to for the account.
In the railway market Metropolitan stock is in
demand, and 1 per oent. higher, at 1021 to 103.
Caledonian, 74 to 1; Brighton, 481 to k; Routh
Eastern, 781 to 79; Midland, 1121 to k ; London
and North Western, 1111 to 1; and Great Western,
481 to a.

Some of the speculative foreign bonds exhibit a
alight reaction. Italian of 1861, 551 to 1; ditto of
1868, 21 to I prem. ; Peruvian of 1865, 78; to 79 ;
Turkish of 1865, 371 to 381; Spanish of 1867, 321
tot ; Charkof Asof, 3/ to 3 dis. ; and Charkow
Brementschug, 21 to 11 dis.
The sum of 2,0001. in bar gold has been taken
to the Bank.

At Paris this morning the Three per Cent.
Rentes opened at 139 fr. 70c. for the account, being
sc. better.

The Deutschland, from Now York, has brought
49,45001. in specie.
There is very little inquiry for silver for trans-
mission to the East, and the quotations for bars
and Mexican dollars are nominally unalterel.
As the Stock Exchange will be closed on three
consecutive days —via., Friday (Christmas Day),
Saturday, and Sunday—there is no likelihood that
a holiday will be observed there on Monday next,
although on that day, as well as on Saturday,
there will be a very general suspension of business
in the City. Me coining Christmas holidays
seem likely to furnish another instance of the
peculiar disadvantages under which bankers
and their employes labour as regards ob-
taining a little occasional relaxation from
their duties. Although an act was passed
lest session to enable public holidays to be
claimed by by an order in council, no steps have
bees taken by the banking interest to move go-
vernment to make Saturday next a general holiday.
The result is that the banks must be open on
Saturday ; and thus, while a vast number of per-
sons will absent themselves altogether from busi-
ness from next Thursday evening till Tuesday
morning, the only holiday for bankers' clerks will
be Christmas Day.
Advice. from Manchester announce several
small failures, owing to the unsatisfactory state of
the cotton trade.

It is understood that the litigation which has
for many months past prevented a division of the
saints of the Commercial Bank Corporation of
India and the East is practically at an end. It
is stated that an arrangement has, after much
negotiation, been made between some of the
seditors and the various dames of share-
, the effect of which will be that the
creditors will accept 17s. in the pound (of which

V • v

3

they have received 10e.). in discharge of their debts
without interest—the balance of 7s. to be paid
within one month after the ammgement has been
finally confirmed by the Master of the Rolls. Mis
lordship has already sanctioned the holding of
meetings of the creditors and shareholders to
obtain their formal salient to the arrangement.
Under the arrangement all the creditors whose
claims have been disputed on the ground that
they were debts of the Commercial Bank of India
will be entitled to receive the dividend of 176. in
the pound, which it is hoped the official liquidator,
Mr. Holyland, will be able to pay without re-
sorting to a further call.
At the forty-third annual meeting of the National
Bank of Scotland, held atEdinburgh yesterday, the
Earl of Dalhousie, the governor, in the chair, the
ordinary profits of the last official year were de-
clared at 133,345/. 15s. 7d., after providing for all
bad or doubtful debts. The ordinary dividend of
12 per cent., payable without deduction of incamo
tax, was declared, leaving 15,3431. 15s. 7d. to be
added to the mt. There was also declared a bonus
of 2 per cent., or 20,0001., arising out of incidental
profits not included in the ordinary earnings of
the per. as above stated. The • rest." after
providing 140,000/. for the dividend and bonus,
amounts to 310,2251. Bs. 2d.
_ _ _

The sixth annual general meeting of the share-
holders of the London and Biter Plate Bank
(Limited) was held yesterday. The directors, in their
report, congratulated the shareholders upon the
continued success of the bank, notwithstanding
the severe drawback occasioned by the depreciation
of the currency in Montevideo through the govern-
ment decrees, which not only inflicted a certain
amount of immediate foes, but also limited the
active operations of the bank in that city. The
accounts showed that, after providing for bad and
doubtful debts, the directors were able to declare
a dividend for the half-year ending the 30th
September last of 6 per amt., together with a
bonus of 31 per cent., which, with the interim
dividend of 6 per oent. paid in June hest, was egos/
to a distribution of 131 per cent. for the year. A.
sum of 10,0001. was also carried to the reserve
fund (raising the same to 155,0001.), and a balance
of 6,1121. 611. 7d. was carried forward to the profit
and loss account of the current year. The report
was mianimously adopted, and the dividend de-
clared in accordance with the recommendation of
the directors.

The meeting of the Dagenham (Thames) Dook
Company, oonvened for yeeterday, was further ad-
journed to the 22nd of February.
A general meeting of the Russian (Vyksounskv)
Iron Works Company (Limited) is celled for tike
30th inst.

The half-yearly meeting of the Aerated Breed
Company (Limited) is convened for the 31st inst..
when the directors will submit a report upon the
proposed reduction of the liability on the shares of
the company.
Messrs. Baring Brothers and Co. have adver-
tised the dividends due the let of January on
the Russian Four-and-a-Half per Cent. Loan of
1850; also on Canada Sterling Debentures, Nova
Seotia Six per Cent. Sterling Bonds, New Bruns-
wick Six Amer Cent. Sterling Bonds, Maryland
State Sterling Five per C nt. Bonds, Boston City
Sterling Four-and-a-Half per Cent. Bonds, Eastern
Railroad of Massachusetts Six per Cunt. Bowls,
and Argentine Six per Cent. Bonds.
With ri4erenee to the bonds of the West Wiscon-
sin Railway Company, the half-yearly interest,
due the let of January, is advert:sed for payment
on that day, when the bonds will also be ready for
delivery in exchange for the scrip certificates.
The Admiralty will receive tenders on the 4th
January for the supply of 20,000 gallons of
vinegar, and 400,0001b0 of cocoa.

MINIIB.-(711I8 DAY.)
ONE O'CLOCK.
Owing to the announcement of a fresh rise of 31.
Fes ton in the price of tin, the mining market is
tirmer to-day, eepecially as regards shares in tin
mines. The quotations are as follows:—Great
Vor. 11 to 12 ; Tincruft, 161 to 171;
Cook's Kitchen, 121 to 13 ; Uny, 3f to 4 ;
Grenville, 335. 6d. to 355. 6d.; Chiverton, 6 to 61;
Providence, 33 to 34 ; Botallack, 180 to 200; (trait
Western, 21 to 21 ; Drake Walls, Itls. to 20s. ;
West Chiverton, GO to 61; North Crofty, 251. to
275. Gd. ; Prince of Wales, 295. to 31s. ; Chiverton
Moor, 51 to 6; New Lovell, 34e. to 3/is. ; East
New Lovell. 6s. tid. to 78.6 d. ; East Caradon, 7
to 71; and West Caradon, 3 to 4.
Little business in going forward in foreign and
colonial mining shares, but Taquaril Gold are in-
quired for, at 1-16 to 3-16 prem. St. John del
Rey, 14 to 15; Don Pedro, 31 to 1 prem.; Anglo-
Brazilian, 1-16 die. to 1-16 prem. ; Posta-
rens, If to f dis. ; Chontales, 21 to 1 ;
Boma Grande, 1 to I ; Anglo-Italian, /
to I prem. ; United Mexican, If to 2 ;
Prontino and Bolivia, I to 1; Port Phillip,
11 to 2 ; Bao Vicente, II to 3 prem. ; Yudana-
mutana, 11 to 2/ ; and Nerbudda Coal, 21 to 1