The Express.
London, England, 1863-07-17 00:00:00

30 to B 3
IS to 31

MONEY MARXET.--(THIS DAY.)

Two otOsoor.
The stock markets to-day are dull, and, on the
whole, realisations continue to predominate. This
is especially observable as regards the funds, which
have declined per cent. Caledonian railway
stock has advanced, but, with this exception, the
tone of the home railway market is rather flat, and the
same is the case with respect to some of the more
speculative kinds of foreign stocks. Apart, how-1
ever, from the decline in the funds, the reduction
in prices generally is of little importance. The
Bank return seems to have excited a little disap-
pointment in some quarters.
Console are now quoted 921 to 93 for money, and
93 to 1 for the account (August 6). The official
business report is as follows :—Three per
Cent. Consols, for money, 93, 1, 921, 93 ;
ditto for account, 931, 93; Three per
Cents. Reduced, 931, 93 ; New Three per
Cents., 931, 1, 921, 931, 93 ; Bank Stock, 237,
2.16 ; India Stock, 226, 228 ; ditto Five per Cent.
Stock, 1081, 1, 108 ; Five per Cent. " aniseed "
rupee paper, 1071 ; ditto Five-and-b./Ulf per Cent.,
1161 ; Exchequer Bills, par, 3s. dia.
Greek Bonds have declined per cent., being
quoted 35 to 1. The Turkish Loan of 1854 is
rather lower, at 921 to 931, and the Consolidds,
/to per cent. worse, at 51 to it, but the
loan of 1858 is a. better, at nto 1, and that of
1862 steady at 671 to 68/ ex div. Spanish
Passive Bonds are fiat, but the Certificates
are supported at former prices. As regards
Mexican Bonds, there have been more sellers than
buyers. Egyptian stock, however, and the Ma-
remmana Railway Loan are inquired for.

Transactions are recorded as follows :—Brazilian,
1843, 1001 ; Danish, 1863, 901 ; Egyptian, second
issue,lo3l, 104} ; Greek, for account, 35, ;
for account, 71f, ex div. ; ditto, Maremmana Rail-
way, 80} ex div. ; Mexican, for account, 37f, f ;
Peruvian, 1862, 87}, ex div. ; Portuguese, 1856,
1857, 1859, 1860, and 1862, for account, 48k, ex
div. ; Russian, 1862, 931, k ; Sardinian, foraccount,
90 ; Spanish Passive, for account, 331, 1, k ;
ditto Certificates, for account, 121, f ; Turkish,
1858, for account, 711, f, 71; ditto, 1001. Bonds,
74 ; ditto 1862, 671, 68, ex div. ; ditto, for ac-
count, 68, 67f, 1, ex div.
The scrip of the new loans is steady. Confede-
rate is quoted k dis. to par ; Italian, lf to 4
prem., ex div. ; and Venezuelan, lk to oi dia.
International Financial shares are quoted 4f to
5 prem. ; General Credit and Finance, 11 to if
prem., being slightly lower ; and London Financial,
4 to 11 prem.
Hudson's Bay shares are dull, at dia. to par ;
and Egyptian Trading, at f to 1 prem.
Form o'Caocx.
Console are rather better at 93 to for money,
and 931 to for the account.
Yesterday was settling day in shares and foreign
stocks. The amount of the outstanding transac-
tions in the several departments has sensibly dimi-
nished with the approach of the holidays, and the
adjustment has been effected without difficulty.
The discount market has resumed a rather quiet
appearance, the repayments to the Bank of Eng-
land being now completed.
The Bohemian, from Quebec, has brought 6,0001.
in specie.
The Kent sailed from Melbourne for London, on
the 23rd of May, with 117,5001. in gold. The only
other gold ship known to be at sea from the same
port for England is the Glendower, with 31,0001.
The smallness of the total now advised is chiefly
accounted for by the fact that the steamer Great
Britain (which also left in May, and which arrived
at Liverpool on the 3rd inst.) had as much as
255,0001. on board. Some considerable remittances
may be expected from Otago, New Zealand.
The silver market is rather flatter, the letters
from India reporting somewhat lower rates of ex-
change. Mexican dollars also show a drooping
tendency, owing mainly to the unsatisfactory state
of our relations with Japan.
The Great Southern of India Railway Com-
pany have paid to the credit of the Secretary of
State for India in Council the sum of 35,0001., as a
first instalment of the extension capital lately au-
thorised to be issued on a guaranteed rate of inte-
rest of 41 per cent. The whole of the shares
(17_,500)
_of this issue have been subscribed for.
The Midland Railway traffic return shows this
week an increase of 3,0281. over last year ; the
Manchester, Sheffield, and Lincolnshire an increase
of 1,4651. • the North Eastern an increase of
1,8841. ; and the Lancashire and Yorkshire an'
increase of 4,0561.
A call of 51. is to be paid on the shares of the
Bank of Hindustan, China and Japan, by the 10th
August; the second call of 51. (making 121. paid)
on those of the London, Birmingham and South
Staffordshire Bank (Limited), by the 6th August ;
and a call of 31. on the shares of the Madrid Bank
(Limited) by the 15th August.
The first meeting of the proprietors of the Lon-
don and Middlesex Bank will be held on the 29th
inst., when a dividend will be declared.
The half-yearly meeting of the shareholders of
the English, Scottish, and Australian Chartered I
Bank is called for the 27th inst., and will be made
special to consider the recommendation of the'
directors to increase the paid-up capital to the ex-
tent of 190,0001.
Pursuant to the 52nd clause of the Great Western
Railway (West Midland Amalgamation) Act, law, a
special general meeting of the Great Western pro-
prietors is convened for the 7th August, " for the
purpose of electing eighteen proprietors duly quali-
fied to represent the interests of the Great Western
undertaking as directors of the united company, in
addition to the directors to be chosen under the act
by the West Midland Company."
A special meeting of the London, Tilbury, and
Southend Railway Company is called for the 28th
inst., to surrender the present lease, and to grant a
new one to the Great Eastern and London and
Blackwell Railway Companies.
The half-yearly meeting of the Electric and
International Telegraph Company is called for the
7th August.
We are requested to state that the share list of
the City of London Rotel Company will be closed
ou Thursday next.
The third series of colonial wool sales commenced
yesterday. The catalogue comprised the following,
viz. : Port Phillip, 462 bales • New Zealand, 307
bales ; Sydney, 131 bales • Van Diemen's Land,
178 bales • Adelaide, 1,985 bales ; Cape, 243 bales ;
total, 3,286 bales. There was a good attendance
of home and foreign buyers, and the highest prices
of last sales were fully supported, with, in some
instances, a slight advance.
The following is from the wine circular of Messrs.
Ruskin and Co., of Billiter-street, dated the 15th
instant :
Already we find that sherry of perfect quality and age
can only continue to be shipped at an advance of 51. on Nee.
1 and 2 brand mark ; 71. on Nos. 3,4, aid 5 ; and 10/. on
No. 6 and upwards. It is nine years mice there wean ave-
rage sinter of sherry. There was scarcely any wine pro-
duced in 1835 and ; the six years following did not
give three vintages The present year promisee an abundant
one, but which cannot influence prices for years to come.
The demand for old sherry, existing now in very
small quantities, is enormous ; hence the toll, wing quota-
tions are likely to be supported or increased.
The return of the Bank of England for the week
ending Wednesday, July 16, compared with that
far the previous week, shows the following
changes:
Circulation issue
Circulation active
Public deposits
Other deposits
Government necurinee in
banking department .- 11,046,888 No change.
Othersecurities Maids'
department
Coin and bullion in both
departments 14,749,876 Demme, 75,093

228,536,095 Decrease 277,905
21,539,015 Increase im,115
4,946.458 Decrease 645,378
18,381,914 Decreue 2,213.804