The Express.
London, England, 1864-04-28 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'OLoow..

The stock markets to-day are inactive, attention
being still monopolised with the settlement,
which will be completed tomorrow. The
general tone of the markets is dull. An
unfavourable effect has been produced on the funds
by a statement from the Continent that Austria
and Prussia have rejected the proposal for an ar-
mistice in Denmark. Consols have again declined
if per cent.

At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Renter were quoted
66fr. 95c., being 1 per cent. lower than yesterday.
Consols are now quoted 91* to 1 for money,
and 911 to a for the account (May 5).
The official business report is as follows :
Three per Cent. Consols, for money, 94, j, f ;
ditto for account, 94 ; Three per Cents. Re-
duced, 891, 1, f ; New Three per Cents., 891,
1, f ; Annuities, 1885, 14 9-16 ; India Five per
Cent. Stock, 106 f, 105 ; ditto Four per Cent.
Debentures, 1866, 991 ; Four per Cent. " enfaced"
rupee paper, 94i ; Exchequer Bills, March, 6s. dia.;
ditto June, 4a., 9s. dig.

Mexican Bonds are slightly lower at 451 to for
money, and 414 to 3 for the new account. Greek
are dull at 241t0 25 ; Spanish Passive steady, at 351
to 361 ; and Confederate 1 per cent, higher, at
59 to 6L Other foreign stocks have scarcely moved.
Transactions are recorded as follows :—Brazilian,
1852, 1858, 1860, 90 ; ditto 1863, 871 ; Chilian
Four-and-a-Half per Cents., 831; Colombian Six
per Contr., 78, 781, 781, 3 ; Greek, 241
Mazioan, 451, ; ditto for account, 451 ;
Portuguese, 1853, 481 ; Russian, 1862, 89, 1,
881 ; Sardinian, 86 ; Spanish Passive, 351 ;
ditto for account, 361 ; ditto Certificates,
121 ; Turkish, 1854, 894 ; ditto 1868, for account,
691 ; ditto 1862, 711, 72 ; ditto, 1001. Bonds, 721 ;
Venezuela, 221 ; ditto 1862, 58.
Mexican scrip is quoted 1 to 1 prem. ; Russian,
If to 1 prem. ; Swedish, par to 1 prem. ; and Vene-
zuelan, 11 to le dis.

International Financial shares are now
quoted 61 to 7 prem. ; General Credit, 31
to 64 pram. ; London Financial, 12/ to / prem. ;
Hudson's Bay, 191 to 20 ; Mercantile Credit, 11
to 12 prem. ; Egyptian Trading, S to
pram. ; Credit Mobilier, 4 to 4 prem. ; Imperial
Financial, 54 to 1 prem. ; Credit Fonder
(Great Britain and Ireland), 6 to 3 prem. ;
01b0811 Company, 21 to 1 prem. ; Fore-
street Warehouse, 34 to 4 prem. ; International
Land Credit Company, 21 to prem. ; Tele-
graph Construction and Maintenance, 11 to 11
prem. ; Millwall Ironworks, 21 to prem. ; Imperial
Bank of China (amended prospectus), 2a to a
prem. ; Humber Iron Works, 11 to • prem. ;
International Contract, If to 21 pram. ; and Smith,
Knight, and Co., 21 to prem.

Foos o'CLoce.
Consols are quoted 91f to I for money, and 91f
to f for the account, showing a decline of f per
cent. compared with the quotations current at 2
o'clock. There hare been no gold transactions at
the Bank.
The demand at the Bank of England discount
office yesterday was rather more active, but the
general market was rather quiet ; good bills con-
tinue to be taken at 7 per cent. In the Stock
Exchange the terms for sheet loans on English
government securities were 41 to per cent.
The steamer Shannon has arrived from the West
Indies with 530,5004 in specie and bullion, of
which 957,0001. is gold, and 173,5001. silver.
At the settlement yesterday the rates of "con-
tinuation" on stocks and share; were generally rather
bigb. Thus the rate on London and North Western
and Lancashire and Yorkshire Railway stocks rose
to f per cent. Heavy terms were also paid on many
classes of shares in the banking, financial, and mis-
celbineons markets, including Imperial Financial,
London Financial, tbc.
The subjoined notice respecting an increase of
the capital of the Union Beak of London was
yesterday afternoon in the Stock Exchange:—
ritd deireators of the Union Bank of Loudon have
this day resolved to recommend to the proprietors
of the bank, at the next general meeting in Jul
next, to increase the subscribed capital of the bank
from 3,000,0001. to 4,000,0001. by creation of
90,000 shares of 501. each, to be issued rateably to
the proprietors at a premium of 151. per share."
The prospectus of the Provincial Banking Coe,
potation (Limited) is issued. The capital is
2,000,0001. (with power to increase to 4,000,0000,
in 40,000 shares of 501. each, but the first
issue is limited to 20,000 abates, and of these
10,000 have already been subscribed for, the re-
mainder being offered to the public. This company
doss not propose to transact banking business in
London, but intends to open branches in the
various provincial cities and towns. !Especial atten-
tion is to be direeded to "acquiring the business
and oonnexions of existing provincial banking esta-
blishments," and it is menuoned that "treaties are
now pending for the purchase of some private and
joint stook country establishments, which will form
the basis of a large and flourishing bank ; and,
for that purpose, full powers for the increase of
capital have been taken in the articles of
association." The directors are thirteen in
number, and include, besides the chairman of the
Great Eastern Railway Company, '
members of the
boards of the Imperial Bank, Loudon Buenos
Ayres, and River Plate Bank, Great Western
Railway, South Wales Railway, Mercantile Credit
Association, Financial Corporation, English and
Scottish Marine Insurance Company, dm, dic.

The Asiatic Banking CorpoistiOa has notified
that it is about to comntease business in London,
having established its baud office at No. 4, Lombard-
street. This undertaking was started last' year at
Bombay, and its shares were immediately
Oaken up, but the commencement of opera-
tions has been delayed until now, in oonsequence of
the time consumed in obtaining a Royal Charter of
Incorporation. The amount of capital subscribed is
600,0601., of which 300,0001. has been paid, and
the remainder is in course of being called up. The
bank has power to increase its capital to 2,000,0001.
The 901. shares, with 121. 10e. paid, are quoted in
India at about 60 per cent. premium. The charter
limits the liability of the shareholders to double
the amount of their shame. Agencies and branches
are being organised at Bombay, Calcutta, Singa-
pore, Ceylon,.Roug Kong, and Shanghae.
The traffic of the Atlantic and Great Western
Railway for the month of March was 222,322 dollars,
against 230,438 dollars in February, and 207,298
dollars in January, when the number of miles open
was the same as now, viz., 322.

The adjourned general meeting of the Atlantic
Royal Mail Steam Company will be held on May 2.
The shave certificates of the City Offices Company
Emited) will be ready for delivery on the god of

The letters of allotment sod " regret " of the
Worthing Royal 13ea House Hotel Company
(Limited) were posted last evening.

With reference to the market for American secu-
rities, Mr. K. F. Satterthwaite reports as follow :
Siege war last the market is Leedom for Asterisms ace-
rides hes been much &premed. sad even at reduced
somehow buyers bonsai' to take the stock offseed. The
decline io Illinois sod Erie shams hew been ti per neat. Ea-
road Wade, where the misdeal sad istereet is not payable
in this mostly, hare declined snout 3 per met. Milled
States 6.20 Beads gave wag I. Id as mop., but bare rallied
on some hoist for Deitch aceonst to 56g.
The rime circular says :
We are without out meal mid-weekly ricer from New
York, but telegesm, we lasso that so the 16th Met, a
~
fewer.
.prevailed, aad prior were geserally about 10 per oust

The official businces report is as follows :
Three per Cent. Consols, for money, 911, • 4 ;
Three per Cents. Reduced, 894, 4, ; New Three
per Cents., 894, j, ft, 4, ft ; Bank Stock, 2394,
238, 240 ; Stock, 220, 218 ; ditto Fire per
Cent. Stock, 1064, 106, ; ditto Four per Cent.,
994, I ; ditto Certificates, 991 ; ditto Bonds, 12s.
dia. ; Five-and-a- Half per Cont. " enlaced " rupee
paper, 1124.