The Express.
London, England, 1863-02-26 00:00:00

MONEY JIABICRT.-(THIS DAY.)

A NEW DANISH LOAN.

Two o'Cwcz.

Some surprise has been ooessioned in the Stock
Exchange this morning by the announcement,
through Messrs. 0. J. Hambro and Son,
of a new Danish Loan for 500,0001. (forming
part of a total of 2,000,0001.), in a four per oent.
stock at 9L From the smallness of the amount
the loan will doubtless be speedily subscribed.
The following is the official notification : .. .

Donn Foos m Our. Loom —Liao linatod to
2,ooo,oool.—Fist gas of 500,0001.—Besers. 0. J. Bun-
ko and Sou be to eanceuice that they have inatructioue to
age to the public the above &oda, cocaistiog of
A 312 Boob, of 1,0001. each 2312,000
B 313 „ of 5001. each
0 315/ „ of 1001. each

000,000
bearing interest from the 11th Deember, 1862, at the rate
of four per cent. per annum. The sabscriptiou ( price is
91, my 91 per cent., payable ea follows :
15 per cent. on allotment.
25 „ „ on the 25th March.
25 „ „ on the 23rd April.
26 „ „ on the 27th May.

91 per used.
with an allowance of discount at four per cent. per annum
on previous payments in full, when the Bonds which are
now ready for issue will be immediately delivered.
These Bonds have been issued in accordance with an act
passed by the Danish Diet on the 10th March, 1861, for
the consirsetion and working of arias railways in
the kingdom of Denmark ; they form part of the
National Debt of Denmark, redeemable at the pleasure of
the government, bat not at the option of the bearer.
The Bomb are provided with Interest Coupons, payable
hell-yearly by Mama. C. J. Hambro and Son, on the 11th
June and 11th December; when the Coupon sheets an
exhausted, they will be renewed free of exposes by the
government's agents in London. The bonds bear the
signature of the Minister of Finance, of the Director
of the National Debt, of the Danish consulimeral is
London, and are countersigned/ by Mesas. C. J.
Hambro and Soa. Appliatiosso to be made in tits
annexed form to Messrs. C. J. Hambro and Sce,
70, Old Bresdetreet ; the lid will be closed on Tuesday, the
3rd March, at 3 o'clock.
70, Old Broad-street, Feb. 26, 1863.
No. London, 1863.
Mesas. C. J. Hambro and Son, 70, Old Broad-street.
Gentlemen,— request you to allot
say Danish Four pa Cent Bonds of

the Loan of 1862, according to the conditions) of your
prospectus of the 26th February.
engage to pay the deposit sad instalments as
they become due, on the whale or any part of the above.
named sum which you may allot.
Your obedient servant,
No price has yet been quoted in the Stock
Exchange for the new loan.
The favourable impulse which was given to
the stock markets yesterday afternoon by
the receipt of improved prioes from the
Paris Bourse has continued to-day, and has
'been confirmed within the last hour by news
of a further slight advance in the French Rental.
The English funds are accordingly quoted at a fresh
improvement of per cent., and a general advance
has occurred in English railway stocks. Foreign
stocks are comparatively quiet. The fortnightly
settlement is in progress, and will be completed to-
morrow.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rental opened at
69fr. 65c., and improved to 69fr. 70c., being rather
more than 1 per cent. better than yesterday.
Consols are now quoted 924 to 4 for money,
and 921 to 1 for account (March 6). The
official business report is as follows :—Three
per Cent. Console, for money, 921, 1 ; ditto,
for account, 921, 1 ; Three per Cents. Reduced,
921, ; New Three per Cents., 921, jf ;
Bank Stock, 239 ; India Five per Cent. Stock,
1081, 108; ditto Four per Cent. Debentures, 1001,
1 ; ditto Bonds, 12a. prem. ; and Exchequer Bills,
par, is. dia., 2s. prem.
Foreign stocks are generally firm. Greek Bonds
and the New Venezuelan Loan have risen 1 per
cent. Spanish Passive Bonds have like-
wise advanced, while the Certificates are
heavy. Egyptian and Mexican Bonds are
strong. Turkish securities present little change,
but the Loan of 1862 is slightly flatter. Some of the
present quotations are as follows :—Turkish, 1834,
Loan, 891 to 90 ; ditto, 1868, 711 to 724 ;
ditto, 1862, 681 to 691 ; the Consolid4s,
401 to 411; the New Venezuelan Loan,
591 to 60 ; Greek Bonds, 191 to 1 ;
the new Portuguese Loan, 461 to 47 ; and the
new Peruvian Loan, 871 to 881. Transactions
are recorded as follows : Buenos Ayres,
944 ; Chilian, 831 ; Egyptian, 1004 ; Greek
191, 1 ; ditto Coupons, 84 ; Mexican, 321;
ditto for account, 324 ; New Granada, 331 ;
Portuguese, 1862, 47 ; Russian, 1862, 931, 94 ;
Sardiaian, 83 ; Spanish New Deferred, 464 ;
ditto Passive, 251, 261 ; ditto Certificates,
91, 1, 1 ; Turkish, 1854, 90 ; ditto, 1862, 694,
69, ; ditto, for account, 691, 4.
Ottoman Bank shares are firm, at 411 to 421. Mt
The discount market continues quiet and easy.
The rate for good bills yesterday did not exceed 34
per cent., and at the Bank of England the amount
of business was again very moderate.
The City of Manchester has brought 100,0001. in
specie from New York.
The amount of Government Bills on India, for
which tenders will be received at the Bank of
England on the 4th March, is rupees 60,00,000.
It has been noticed with much satisfaction that
Sir George Grey has obtained leave to bring
in a bill for making the 7th of March (the day for
the public entry of the Princess Alexandra) a legal
holiday so far as regards the payment of bills and
acceptances. Sir G. Grey states, as a reason for the
step, the representations he has received from
bankers and others respecting the inconvenience at
which business will be transacted ou that day, and
the risk to which the banking-houses, as well as all
persona carrying large sums of money, will be ex-
posed, if only through the confusion attend-
ing a vast concourse of people. It would
seem, however, that the auspicious occa-
sion itself fully warrants the action that is being
taken. It may now, therefore, be regarded as
certain that Saturday, the 7th of March, will be
kept as a complete and universal holiday. Sir
George Grey will earn a still larger meed of thanks
from a hardworking multitude, whose hearty suf.
(rages are worthy of any statesman's consideration, !
if be will go one step further, and iaclude in the
same bill a similar provision for mercantile
engagements payable on the 10th, the royal !
wedding day. That day, like the 7th, will be
kept as a general holiday, but to make
the enjoyment universal, I%al force must be given
to it in the manner propose& For our part, we
see no valid reason why, to save future trouble, •
general act should not be passed, leaving the ap-
pointment of public holidays to an order in canna
In compliance with the wish of the members,
the committee of Lloyd's have determined to
close that establishment on Saturday, the 7th of
March, the day fixed for the public entry into
London of the Princess Alexandra. These rooms
will also be closed on Tuesday, the 10th, the day
appointed for the royal marriage. The example IB
an excellent one, particularly by reason of the
promptitude withwhich it has been set, and the
soonertbe other mercantile bodies of the City sig-
nify their intention to do the same the better
be. On these occasions the chief inconvenience
arises through the needful arrangements not being
made at a sufficiently early period.
A meeting of the merchanta, dealers, brokers,
and others interested in the question of the tea