The Express.
London, England, 1864-09-27 00:00:00

1W 17
10 12

Nabs .. 30.13!
abardwa 30.48,
lA4h

00.171
Galway .....16.11
Voleutla
Cope Clear .. 30.06
Llvorpool 30.3 t
Holyhead ... SOW
Peeebroke... IS
Pommes .. 0011
area ....
Rochefort

Plymouth 11).21
Weymouth ,10.16
Portsmouth SOU
Landon 30.54,
Dever — I
Yarmouth
.oarborough 30.361
&golds 30.361
Sullirolsnd • I

to ' se s 9.1

rzouni.
WIDNISDAY. 0111 Kowa=
SAIL to W.!f.W , ea. MAIM 8. to W. sod NW.,
stable, moderate to fresh, some showers.
_ _tratd

Li So B.W. and N. W.. woman. 8 S.& to W.& W., mo-
moderate to fresh. deride to strong, some
rain in place&
E. to S and kW., 3011711 M. SE.toit W. and W„
fresh, Ine generelly. fresh to
ZAK. to &SW., nio- LAI= B.E to S.V;titSt.W.,
berets to fresh, line. fresh, generally line.
arthanadleollent Weskenfeireland. Wane. and ad-
Seeenales. deathsro=lngtish Channel and /Say of Bliony. lantern
eadadtreard leglend and North flea

AWYBY MARKET.-(THIS DAY.)

Two o'CLoow.

The stock markets to-day are rather firmer. There
is some diminution of the vague feeling of anxiety
which has latterly prevailed, and the public seem
to be rather more disposed to buy. The funds have
recovered to the extent of it per cent., and foreign
stocks, as well as banking and financial shares, are
steadier. Home railways have scarcely moved.
The discount market is rather quiet to-day, with
a large supply of money. The rate for good three
months' bills is 81 to 9 per cent. In the Stock
Exchange the charge for short loans is 5 to 6 per
cent.

Consols are now quoted 871 to 88 for money, and
881 to for the account (Oct. 11). The official
business report is as follows :-Three per Cent.
Consols, for money, 871, 88 ; ditto for account,
881, ; Three per Cents. Reduced, 861, 1,1, 1 ;
New Three per Cents., 861, 1 ; India Stock, 211 ;
ditto Five per Cent. Stock, 1031, 104 ; ditto Bonds,
18s. die. ; Five per Cent. " enfaced " rupee paper,
100 ; and Exchequer Bills, March, 12a., 14s. die.
With the exception of the Confederate Loan,
which has declined 1 per cent., foreigu stocks
are firm, and in two or three cases a
trifling improvement is observable. Some of
the present quot►tions are annexed, viz.
Greek, 231 to ; Confederate, 721 to 731 ; Mexican,
27 to ; Spanish Passive, 301 to 31 ; the Certifi-
cates, 131 to 1 ; Turkish Bonds of 1858, 681 to 1 ;
ditto 1862, 691 to 70 ; and the Consolides, 501 to 1.
Transactions are recorded as follows -Brazilian,
1863, 85 ; Dutch Two-and-a-Half per Cents., 611 ;
Italian; for account, 661 ; Mexican, for account,
271, 1 ; ditto, 1864, 251, 1, 1 ; Portuguese,
1856, &c., for account, 47, 461, 471 ; &maim,
1862, 881, ; Spanish, for account, 49 ; ditto Pas-
sive, for account, 301, 1, 31, 301 ; ditto Certificates,
for account, 131 ; Turkish, 1858, for account, 69,
ez div. ; ditto 1001. Bonds, 721, ex div. ; ditto,
1862, for account, 701, 691 ; ditto, 1863, 64 ;
Venezuela, 1862, for account, 561, 56.
International Financial shares are now quoted
2to prem. ; General Credit, 2to prem. ;
London Financial, 61 to 1 prem. ; Imperial Mer-
cantile, 2to prem. ; Hudson's Bay, 15 to ;
Anglo-Egyptian Bank, 1 to 1 prem. ; Ottoman
Soci6t4 thindrale, 11 to 11 prem. ; Credit Foncier
and Mobilier of England, 2to prem.
During the last days of the quarter, and until
the October dividends are paid, it is probable that
an exceptional demand will be kept up at the Bank,
if only by reason of the large payments which
will be made into that establishment on
account of revenue. The belief is gaining
ground, nevertheless, that the money market will
become decidedly easier next month. Nothing but
the uncertain state of mercantile affairs, and the
desire of the Bank directors to get their accounts
into a really strong position, can have prevented
them from reducing the rate of discount. A 9 per
cent. rate certainly does not accord with the present
figures. It is evident from the condition of the
commercial demand at the Bank for some weeks
past, and from the general course of the private or
" other " securities, that the exorbitant charge en-
forced by the Bank at the present period of commer-
cial uneasiness is causing a sensible diminution in its
business. This is shown in the fact that, though
we are now just at the close of the quarter, the
private securities stood by the last return at only
19,901,3631., being 467,0214 less than the amount
held-20,368,3841.-on the 13th of July, imme-
diately after the payment of the midsummer divi-
dends. In a foreign direction, the influences
operating upon the money market are all of a
favourable character. Reference may be made, for
example, to the improvement in the position of the
Bank of France, and to the generally satisfactory
level of the exchanges with the Continent.
Moreover, the stringency in our money
runlet, and the heavy fall in the price
of cotton have given a great check to the'
remittances of silver to India. The Bombay packet
of to-day takes only 56,9254 in this metal. No
doubt can be entertained that, as the change in
the condition of the cotton trade has for the last
two years been a fruitful source of disturbance in
the money market, so the new phase upon which
it has entered will be attended with a favourable
effect. In view of these considerations, and of the
continued influx of gold to the Bank, it will devolve
upon the directors to consider whether the time has
not arrived when suffering trade is entitled to some
relief. There is no disposition in any quarter to
help firms which can show only se. or
leas in the pound to prolong what is really an
imposture upon the public. On the contrary, it is
felt that the weeding out of such houses must tend
to purify and strengthen the body commercial, but
it is at the same time justly urged that the opera-
tion of the Bank Act of 1844 is very severe at a
time of doubt like the present, and that the
directors of the Bank will consult the best inter-
ests, both of their own stockholders and of the
public, by according at the earliest proper moment
such relief as would be involved in a reduction in
the rate of discount.

The fortnightly settlement in shares and foreign
stocks will begin to-morrow ("continuation day),"
and end on Friday.
The sum of 26,00 W. in gold was bought by the
Bank yesterday. Further amounts will be sent in
during the week.
The Recla, from New York, has brought 11,0001.
in specie ; and the Europa, from Boston, 4,00 W.
It is understood that the packet due about the end
of the week will bring a rather considerable amount.
The remittances of specie to the East have de-
clined materially, owing to the high value of money
here and the fall in cotton. The steamer Syria,
which will leave to-day, will take only 56,9251.
in silver and 19,3001. in gold--all for Bombay.
The tenders for the New South Wales 'olovern-
went Treasury Bills were opened yesterday at the
Bank of New South Wales, Ant the whole of the
tenders were rejected, they being under the mini-
mum, which was par.
A meeting of the Leeds Banking Company will
be held to-morrow, when a balance-sheet, pre-
pared by Messrs. oleman, Turquand , Youngs,
and Co., the accountants, of London,is expected
to be placed before the shareholders.

We are informed that " the directors of the
Loudon and Northern Bank have made a call of
51. per share, with a view of carrying out the
pending arrangements for the transfer of the busi-
ness of the Leeda Banking Company to the London
and Northern Bank. The paid•up capital of the
Loudon and Northern Bank will thus be increased
to 175,0001."
The Brighton Railway traffic return shows this
week an increase of 3,0731. over last year ; and the,
South Eastern an increase of 1,0481.

The directors of the Van Diemen's Land Com-
pany have announced a dividend of ss. per share.
The Dutch Rhenish Railway Company have an-
nounced the payment, in due course, of the interest
rdue the let October on their loan of 4,800,000 L
The half-yearly dividend due the 10th of October
on the Turkish Six per Cent. Loan of 1864 is
advertised by Messrs. Dent, Palmer' and Co.
Bonds amounting to 47,8001. will also be paid off
at par.
The following is front the tea circular of Messrs.
Richard Gibbs and Co. :

The, principal object of interest daring the past fortnight
has hem the new season's tea. per is. Sea King, from
Raabow, and per clipper ships Seria and Fiery Cross, from
Foo Chow ; the former hare hitherto met with bat small

saoour~emeat from the trade, who are linable or =wiling
to pay the required rates ; shoat 5,500 racksea, of whin
2,500 were boxes, have, however, been taken principally by
shippers, at 2s, 2id. to 2s. 10d. The Foo Chow tees home
mss with a better reception on the part of the Made, who
were quite hare of them climes ; about 13,000 mamas
have been sold, chaste sad half-Meade from Is. 9d. to 2a. M.;
caddy boxes of Peh-Ling. 3s. to 3s. 6d. Traneactioes is aid
semon's teas have been mainly manned to sales by pubis
suction, when most obsess continue to be freely offered
" without move," at the cost of farther reduced rasa
Good red leaf is now sanest at le. 3d. to Is. Id.. and fair
common blackish leaf at 11d. ; broken leaf council, 7iL
to 80.

MONDAY EVI?MI6.

Consols, which closed on Saturday at 881 to 1
for the 11th October, opened this morning at 88 to
1, and after being offered at 88, closed at 881
'sellers." For money the last price was 871 to 1.
The official business report is as follows :—Three per
Cent. Console, for money, 871, 88, 871, 4,1;
ditto for account, 881 88 ; Three per Ceutaßeduced, 8614 1 ; New ihree per Cents., 861, *,
; India P'ive per Cent. stock, 1041„ 1031 ; ditto
Bonds, 28s. dis. ; Five per Cent. " enfaced"
rupee paper, 100.
The India Five per Cent. stock was dull.
India Bonds were sold at 28s. dia. The Five per
Cent. rupee paper was rather offered. The March
Exchequer Bills remain at 151. to So. die., and the
June at 255. to 15s. dis.

The speculative foreign stocks slightly receded at
one period of the day, in sympathy with the heavi-
ness of the other markets, but afterwards rallied,
and, with the exception of • decline of i per cent.
in Greek and Spanish Passive Bonds and Certifi-
cates, the closing quotations were equal to those of
Saturday. Mexican and Italian stocks improved i
per cent.

MINEEL-(THIS DAP.)

Two o'CLoci.

Few transactions bare occurred to-day in the
mining market. East Grenville shares are in re-
quest, at 71 to 4, being 2s. 6d. better than yesterday.
Great Wt. are quoted 30 to 31; Wheel Teton, 210
to 215 ; and East Russell, 41 to 5. Herodsfoot
shares have been dealt in in the Stock Exchange
at 3811.
Foreign and colonial mining shares exhibit De
alteration. Yudanamutana are officially marked 2.
The half-yearly meetings of the Linares Lead
Mining and Fortuna Companies are called for the
Gth Oct.

COMMERCIAL AND MARKETS.

LIVERPOOL COTTON & CORN MARKET&

(THIS DAY.)
(11T V. LSD INTKILVATIONAL TTLPOP.AIL)
(FROM OUR owl coaactirospFxr.)

Corr.:lN.—The market rather firmer. Sales probably
4,000 bales.
CORN. —The market moderately attended. Wheat in some
instances cells at Friday's rate, but generally favours par-
chaaers. Flour dull and easier. Indian corn 3d. dearer,
and more doing. Beans quite nominal. Oats sad oatmeal
steady.

MINCING-LANE.--(THIS DAY.)
Suds.—The market has opened quietly, and without im-
portant sales by private contract. Refined. there is very
little disposition to purchase at previous prices, but quota-
tions are unaltered. The landings at this port continue
mach above them of last year, and the deliveries lees. There
is now a surplus of 4,600 toss in the stock, viz., 114,800
tons against 110,200 toes last year.
COITIE.—The market is quiet, no sales of importance re-
ported by private contract.
Tea.—The demand is more active. Business having been
done in new Kaisows at last week's prices, and also several
parcels of old teas at the public sale's rates.
Rtes—loo sales repxted.
&LIT/CTRL —No reported.
Rom.—The market is firm, but quiet.
Corrog.—The sales are too trifling to report.