The Express.
London, England, 1864-01-21 00:00:00

MONEY MARKET.-(THIS DAY.)

A general improvement has taken place to-day
in the stock markets, in ooneequence of a rumour
being circulated that news has been re-
eeived in London of the withdrawal
by Denmark of the constitution d
November, as demanded by Austria and Prussia.
The funds have risen fully per cent. ; and the
principal speculative foreign bonds to 1. The
advance extends to home railway stocks, which are
buoyant. Business in every department of the
Stock Exchange, however, is limited.
At Paris this morning, according to Mr. Renter's
telegram, the three per Cent. Renter were quoted
861 r 36c., being Sc. lower than yesterday.
Consols are now quoted 90} to f for money, and
901 to for the account (Feb. 4). The official
business report is as follows ;—Three per
Cent. Oomph, for money, 90f, ; ditto for
account, 901, ; Three per Cents. Reduoed, 90f,
4, ; New Thies per Conte., 901, f, ; India
Five per Cent. Stock, 106, 104}, 1054 ; and
Exchequer Bilis, 12e., 145., 10s. die.
Foreign stocks are generally better, the advance
averaging per cent. Greek Bonds have
risen g per cent., being now quoted 211 to
22. Mexican are quoted 341 to 35 ; Spanish
Passive, 33} to 1; Turkish of 1864, 89} to 90 ;
ditto, 1862, 66} to 67 ; and the Consolid6s, 461 to }.
Transactions are recorded as follows :—Brazilian,
1863, 84 ditto, seriP, 24 die. ; 'gentian,
second issue, 100} ; Greek, for amount, 211,
1, 22, 211; ditto Coupons, for account, 10, 9f ;
Italian, for amount, 671 ;Mexican, for account,
34, 36, 34} ; Peruvian, 1862, for account, 84, 1 ;
Spanish Passive, for account, 33}, 1 ; ditto
Certificates, for account, 131, ; Turkish, 1862,
for account, 66f, 67, 664; ditto 1001. Bonds, 66} ;
Visessola, for account, 23.

International Financial shares are quoted 54
to 1 prem. ; General Oreclit, 24 to prem. ; Lon-
don Financial, 104 to II prem. ; Egyptian Trading,
If to If prem. ; Merchant Banking, 34 to 44 prem. ' •
Land Mortgage Bank of India, If to 2 prem. ; Rog.
lisli and Swedish Bank, 4 to 14 pram. ; Consolidated
Dipootint Company, par to 4 prem. ; West India
and Pacific Steam, 1 to 14 prem. ; Mauritius
Land Credit and Mortgage, 4 to f prem. ; Dis-
count Corporation, 34 to 44 prem. ; Contract Cor-
poration, 2 to 4 prem. ; Australian and Eas-
tern Steam, 24 to 4 pram. ; London Italian,
land Adriatic Steam, 14 to 2 prem. ; Land Secu-
rities, 4to 4 prem. ; East London Bank, 2to
prem. ; Mercantile Credit, 34 to 4 prem. ; and
Hudson's Bay, 17 to 4. . _

The City of Waahiogton and ammonia, from
New York, have brought together 229,0001. in
specie. _ _ _

- The rise in the Bank rate of discount lass been
received with calmness, and it is recognised that,
in the event of the outflow: continuing, a further
upward movement would be unhesitatingly resorted
to. It is said, however, that the Bank's action
yesterday was partly prompted by a belief that
a very large amount of gold would have been taken
out for exportation, and the comparatively moderate
extent of the day's withdrawal-125,0001.—is at-
tributed to the check now given.
The terms in the discount market immediately
responded yesterday to the rise at the Beak ; on
Tuesday 7 per cent. was the current rate, and
yesterday 8 was demanded in nearly all quarters.
A belief, however, that the present high value of
soup will not last very long seems to be indi-
cated by the exceptionally lower charge for choice
six months paper, which yesterday was 71 per Dent.
The joint-stock banks have not altered their
allowance for money on deposit, the rate being dill
5 per tont. The discount establishments give 6 per
emit for money at call, 51 at three days' notice, and
6 per cent at fourteen days' notice, as before.
The amount of gold withdrawn from the Bank
yesterday was 125,0001. It is destined for the Bank
of Frame. The total taken from the Bank during
the week is 738,0001.
It is rumoured that unusual impediments were
yesterday interposed at the Bank to the discount
of bills presented by bullion exporting firms.
The North American, from Portland, has
brought 11,0001. in specie.
The Mesesgeriss Imperials' steamer, which left
Marseilles on
i Tuesday with the India and China
mails, took 687,2061. n specie, being probably the
largest amount ever sent from a French port to the
Fast in a single vessel.
The biddiugs for 40,00,000 rupees (400,0001.), in
bills on India, took place yesterday at the Bank of
England. The proportions allotted were :—To
Calcutta, 21,10,000 rupees ; to Bombay, 17,00 000
rupees ; and to Madras, 2,00,000 rupees. The
minimum price declared was as before—viz.
la. Illd. per rupee on Calcutta arid Madras, and
la. Iltd. on Bombay. The applications within
the halite amounted to 247 lace (or 2,4700001.)
Tenders on Calcutta at 2s. Old. and upwards will
receive is full, and nothing will be allotted at
I lower rates ; those on Bombay at 2• Old. will re-
osive about 9 per cent. ; on Madras at 2s. Old.,
about 42 per cent.; and all above these prices in
full. At the bidding on the 6th inst. the applies-
lima within the limits amounted to 370 lace (oe
3,0 ,00014
At • meeting of the directors of the London and
Provincial Marine Insurance Company, held yes-
terday, it was resolved to recommend to the share-
holders at the general meeting a dividend for the
half-year ending 31MDeoember last at the increased
rate of 10 per cent per annum.
The London and North Western Railway traffic
return shows this week an increase of 8,9991. over
last year ; the Great Western, an increase of
3,89/61. ; the Great Eastern, an increase of 1,4171. ;
and the Great Northern, an Mariam of 4,8061.
The report of the directors of the Scottish
Australian Investment Company, to be sabmitted
on the 29th instant, states the gross profits for the
six moitths at 10,0501., showing a gradual increase
as previous periods. A dividend at the rate of
ten cent per annum, less income tax, is pus.
on the ordinary stock, which will require
0,0001., and leave 2611. 9a. to be carried to the
credit of the reserved fund. The amount of that
fund will then be 7,3431. lbs.
A call of Si. is to be paid on the shares of the
Midland Banking Company by the 16th February,
and a call of 21. (making 21. lbs. paid) on the 261.
shares of the Leaden, Buenos Ayres, and River
Plate Bank, by the 10th February.
It is intimated that the General Floating Dock
Company (Limited) have concluded the purchase
(with possession) of the previously existing docks at
'Bordeaux, thereby securing the business of the pert
land a considerable revenue at once.
The annual meeting of proprietors of the London
I and County Bank is called for the 4th February,
and the first ordinary meeting of the London, Bir-
mingham, and South Staffordshire Bank, for the
2nd February.
I The half-yearly meeting
.of the shareholders of
the Consolidated Bank is called for the 27th
instant, when a dividend is to be declared.
The half-yearly meeting of the Southampton
Dock Company is called for the 24th February.
The halt yearly meeting of the North Stafford-shire Railway Company, is convened for the 10th
of February ; that of the Victoria Station and
Pimlico Railway Company for the same day ; and
that of the Mi&Hent Railway Company for the
Bth of February.
From a notice issued by the Loudon agents of
the Illinois Central Railroad Company it appears
that the annexed resolutions have been pealed by
the directors :

- •
Raratved—That a divided d 4 per ant. la cash, frit d
sersesemmi tax, upon Via et c& mkt aasattled boa& sir*
al this employ, is &dared payable oa the Ist day al Feb-

3 •1

mum to the regidired Was al desk eel en* alo
dose of beds= cm the IRA Thi didised in
a/ mad is advance et tee engem ea the tilimid Meek. awl
by turns at the cosines isenbates the eilleillse to pay hs
forest to the fell. old abereholdoes. Whams the renedlet
brads seep lowed hes bed, end endlided to receive the
ewe cosh dividends as deo Moak, aad lie 'theaters balms
it to be tar the interest of ail parties to seavert the rode
into shores, remind—That tb !hooker recommend fe
the shareholders to make mad 0011111.1111111 et the next wed
mesas& and that no more eerie be Mem&

Thehalf-yearly interest due the Lt February as
the 2nd Preference Bonds of the Northern Railway
of Canada is advertised for payment in due course.
Notioe has been given that the interest to the 31st
Deoember last, at the rate of 7 per cent. per an-
num, on the Deferred Preference shares of the
Northern Railway Company of Buenos Ayre.,
by the Metropolitan and Provincial
=4will be paid at that bank on the lit
February.
The directors of the London Mercantile Diaconal
Company (Limited) have given notice that no ap-
plications or shares will be mewed after the Mk
inst. They also announce that they have conclude&
arrangements with Messrs. Womersley and Burt
for the transfer of their business to toe company,
both gentlemen to take an active part in the
management.
With reference to the market for American sew-
Mies Mr. E. F. Satterthwaite reports as follows :
The market in Lamle° for Motorise manritimo 11111 re-
mains in a very inanimate state, and tranmeticas are anise-
=There has, however, bum inn &position to buy
beet& shares, in view of receiving the 4 per cont.
dividend declared payable let Febrescy, which will mom
to tits hem to next seatliag day. United &atm Ply
par Osat. and Six per Osat. Bonds remain steady; bat Vin
ginia Six per Omit, have given way about 2 per met.

ZDNISIDAT Bynum
Consols, which dosed yesterday at 90f to I far
the 4th February, were marked to-day 99„ and 90f,
and closed at 90f to 4. For money the laid pee
was 90k to 4. The official business report is as
follows :—Three per Cent. Consols, for money, 901,
4,4, 4, ; ditto, for account, 901,1 f ; Three per
Cents. 'Reduced, 904, f ; New Three per Cents.,
904, 4,1, • Annuities, 1886, 14f ; Red Sea Tele-
graph, 24 '7-16 ; Bank Stock, 237 ; India Stock,
915 ; ditto Five per Cent. Stock, 1051, f ; ditto
Four per Cent. Debentures, 1866, 99f.
The India Five per Cent. Stock has again
declined. Exchequer Bills remain at 6s. to Is. dis.
In the market for Bank shares there was a re-
bound of about 4/. in those of the Bank of Wales,
which have risen from 8 to 4 dis. to 2 die. to par.
London and Buenos Ayres Bank and Alliance
Bank new shares were also inquired for, but, with
these exceptions, bank shares generally were heavy.
Agra, Bank of New Zealand, British North
American, Chartered Bank of India, Australia
and China, Chartered Mercantile Bank of India,
London and China, City Bank, Colonial, English
and Swedish, Bank of Hindustan, Imperial, Mer-
chant Bank, Imperial Ottoman, Mercantile and
Exchange, Scinde and Prinjaub, and Union Bank
of Australia, have all given way. National Die-
count, Thames and Mersey Marine Insurance, and
Peel River Land sham, were also rather flatter. 011
The shares of the financial companies were
rather flat. International dosed at b 9-16 to
11-16 prem. ; General Credit at 2f to f prem. ;
and London Financial at 101 to 11 prem.
The shares of the Land Securities Company were
last uoted to 1 prem. • Mauritius Land Credit,
4 tot prem. • London and'Provincial Marine, Rto f
prem. ; West India and Pacific Steam, 14 to li, prem. -
Anglo-Italian Bank, f to a prem. • Mercantile
Credit, 34 to 4 prem. • Contract Corporation,
to 4 prem. ; Consolidated Discount, par to f prem.
Mercantile Discount, 14 to 24 pre .m. • Financial
Corporation, 1 to 2 prem. ; Lettlehampton Steam,
5 to 6 prem. ; London, Italian, and Adriatis
Steam, 14 to 11 prem. ; International Race-
course, 1 to 2 prem.; British and Foreign Contract,
Ito 114 prem. ; and London Chemical Company,
to 14 prem.
The shares of the Australian and Eastern Na-
ligation Company (Limited), after riming to 2i to S
prem., closed at 24 to 4 prem. The list was dosed
this afternoon.
Canada Government Debentures were more
offered today.