The Express.
London, England, 1864-06-09 00:00:00

MONEY MARKET.-(THIS DAL)

Two o'ololl4

No disappointment seems to have been 000ssioned
today by the announcement that the weekly court
at the Bank of England has decided not to reduce
the rate of discount ; on the contrary, the stock
markets have become firmer during the last hour.
The fucds have risen i per cent., and an
advance has taken place in several of the specula-
tive foreign stocks. Home railway stocks have
scarcely moved. Business in the Stock Exchange
is very limited, and many of the members are absent
at Ascot.
..

At Paris to-day, according to Mr. Reuter's
telegram, the Three per Cent. Rentes opened at
67fr. 10c., being fic. better than yesterday.
Console are now quoted 90} to 1 ex div. for
money, and soi to 3 ex dir. for the Bth July.
The official business report is as follows :—Three
per Cent. Console, for money, 901, g, ex div. :
ditto, for account, 901, 1, ex div. ; Three per Cents.
Reduced, 891, 3 ; New Three per Cents., 89g,
; India Five per Cent Stock, 104, 1 ; ditto Fire
per Cent. "aniseed" rupee paper, 104 ; India
Bonds, 16s. dis. ; Exchequer Bills, March, Ils.,
6s. die.

Foreign stocks are firmer. Spanish Passive and
Greek Bonds have risen # per cent., Turkish Con-
solid* 4, and Mexican, 4 per cent. Some
of the present quotations are annexed
Greek, 244 to 4 ; Mexican, 441 to
454 ; Spanish Passive, 324 to ; Turkish Con-
solidea, 484 to 4 ; and Confederate, 64 to 66.
Transactions are recorded as follows :—Brazilian
Four-and-a-Half per Cents., 1852, 1858, and 1860,
874 ; ditto, 1883, 884 ; Buenos Ayres Six per
Cents., 1001. Bonds, 954 ; Dutch Two-and-a-Half
per Cents. (exchange 12 guil.), 64 ; Egyptian Seven
per Ceuta. (first issue), 1014; ditto(second issue), 102 ;
Greek Five per Centa.,lB24, 1825, for account, 24g, ;
Mexican Three per Conte., for account, 45, 4, 444;
Peruvian Four-and-a-Half per Cents., 1862, for ac-
count, 864 ; Portuguese Three per Cents., 1856,
1857, 1859, 1860, 1862, and 1863, for ac-
count, 49 ; Russian Five per Cents., 1862,
874 ; Spanish Three per Cents., for account,
524 ; ditto Passive, for account, 324, 4 ; the Com-
mittee's Certificates, for account, 104, 10, 4 ;
Swedish Four. and-a-Half per Cents., 1864,
scrip (401. paid), 34 prem. ; Turkish, Six per
Cents., 1854, for account, 904 ; ditto 1858, for
account, 694, ditto 1001. Bonds, 73; ditto 1862,
714, 4 ; Venezuela Six per Cents. (scrip), 1854
(301. paid), 64 dia.
International Financial shares are now quotxt 54
to ; prem. ; General Credit, 34 to 4 prem., ex the
new shares; Mercantile Credit, Bto 84 prem. ; Lon-
don Financial, 12 to 4 prem. ; Hudson's Bay, 194
to 4 ; Millwall Ironworks, 4to 4 prem. ; Imperial
Bank of China, 4 t, 4 dia. ; and Imperial
Financial, 24 to 4 prem.

The particulars are published of a number of
bonds, representing 63,7001. of the Peruvian Three
per Cent. Loan, which have been cancelled under
the sinking fund.
The goki operations at the Bank yesterday
showed • new feature, viz., the withdrawal of
33,0001. in bar gold. Its destination is understood
to be Spain, and further amounts are expected to
be sent to the same quarter.
The City of Loudon, from New York, has brought
82,0001. in specie, and the Wave of Life, from
Melbourne, 21,0001.
The steamer Magdalena will take to-day 50,0001.
in gold and 18,750/. in silver to Brasil.
The amount of bills on India for which tenders
will be received at the Bank of England on the
15th inst., will be rupees 30,00,000 (300,0001.)
The London and North-Western Railway traffic re-
turn shows this week an increase of 9,4331. over
last year ; the Great Eastern, an increase of
4,144 ; the Great Northern, an increase of 4,7871.
the Great Western, an increase of 3,3671. •, and the
London and South-Western, a decrease of 4,4961.,
which is doubtless owing to the circumstance that
Ascot races took place • week earlier last year.
The second all of 21. 10s. is to be paid upon
the 251. shares of the London, Buenos Ayres, and
River Plate Bank (Limited) by the Ist of July.
A general meeting of the Egyptian Commercial
and Trading Company (Limited) is called for the
11th of July, at the London 'Tavern, to decide
upon the dividend, and will be made special "to
resolve on the dissolution of this company, for the
purpose of amalgamating with, or enabling the
shareholders to exchange their shares in this com-
pany for shares in one to be called L'Zircia,' or
• Soci4t4 G4n4rale d'Egypte,' which is about to be
established as • •Socisiti Anonym,' under the
Ertee of his Highness the Viceroy of Egypt, and
;Ulna of a firman of his Imperial Majesty the
Sultan."
The directors of the National Provincial Beak of
England have notified that a halt-yearly dividend
at the rate of 8 per cent. per annum, and a half-
yearly bonus of 7 per cent., will be payable on the
company's stock on the Bth July.
The, second report of the directors of the Royal
Sardinian Railway Company refers to an assur-
anoe which has been given to the directors that at
the end of the present working season at least
75,000 acres of land will be made over to the com-
pany, and states that "by the conclusion of the
contract above mentioned (with Meagre. Smith,
Knight and Co.) the construction of the railways
within the original estimate is assured. The direc-
tors are enabled to add that all the reports which
they receive from Sardinia, both as to the actual
and prospective value of the lands to be conceded
to the company, continue of the most satisfactory
nature."

The Queen Insurance Company of London and
Liverpool, have just completed negotiations for the
purchase of the large new block of buildings erected
to Graoechurch-street, immediately below Lombard-
street, by Messrs. Ashby and Horner, from the
designs, and under the superintendent* of Mr.
Edward Ellis, the architect, 9, Fencburch-street,
and the premises will now be designated " Queen
Insurance-buildings." The company's city offices
will be removed there early in September. It is
stated that the company will realise a handsome
return on the capital invested.
The Mercantile Credit Association (Limited) have
removed to temporary offices, Crosby-house, 95,
Bishopsgate-street Within.
With reference to the market for American secu-
rities, Mr. E. F. Satterthwaite reports as follows :
Is the London market for Americas securities the chief
festers has been the demand for United States 5.20 Bonds,
oessiderable amanita having boos taken oa aratisestal
aosionnt In railroad shares the operatics's hare bora as a
limited sods, sad we bare to report • declias of 4 dole. is
(Bleats sad 2 dole. in Eriss. There has boon .seore tawdry
for ibis boa& of the Atlantic and Great Western Railway.
oossoonost os the desire to moire the July °papaw sow
advertised to be paid on the Lt proximo.
. .

The following is from the monthly hide eirenlar
issued yesterday by Messrs. Culverwell, Brooks,
and Co. :

The hide market hem been firm daring the past mouth ;
imports continue very moderate, and the Bank rate of dia-
ooust has been redueed to 7 per cent. ; holders are very
firm, and le mom* esteems our quotations show a slight
advisor. Bosieees bee boon limited, partly owing to the
sinews of arrivals, the two filet easels from the River
Plate having reported bat moody. The prospect is steady.
Mdse.—Salted or and cow.—South Linerimo—A few heavy
on have realised being au adman of id. to id per lb.
Australian have been in fair request. Cape.—Only • few
have bees offered, which have realised about previous rates.
Horse hides—fialted—Stocks being low, the few sold have
realised rather improved priors. East India kips were be
good request at the public males on the 36th nit, aad
reslieed fully previous prices ; and one small parcel, viz.,
1,430 hides, very prime Calcutta slaughtered (owing to
unusual competition), realised an advance of lid. to M.
pperer lb. English market hides have been in fair demand
throughout the past month, without any alteratios is pries.
The leather market emithiess quiet let steady, sad prices
generally "bow but little alteration. North and Booth
American fan and skim—The demand, as is usual at this
mace, is quiet, and no transactions of coueequence to
edam At the public sale of 4,616 Lobes Wanda for seal,

prim ruled rather lower thou et the previews tele la
January. Mork have sold at rather lower pekes. Dar
eldwu—Chesitemela have realised about previous rates.
The colonial wool sales terminated yesterday.

WIIDIMIDAT KYWPG.

Consols, which closed yesterday at 90 to lex
div. for money, opened this morning at the same
quotation, and closed at 901 to 4. For the Bth of
July the last price was 901 to ex div., as against
901 to 4 yesterday. The official business report
is as follows :—Three per Cent. Consols, for money,
90, 4, 4,1 ; ditto for account, 901 1 ; Three per
Cents. Reduced, 89/, 4,4; New Three per Cents.,
891, 1,4, 4; India Stock, 217; ditto Five per
Cent. Stock, 1044, 1 ; ditto Bonds, 20s. dis. ;
ditto Four per Cent. Debentures, 1865, 99 ; Five
per Cent "enfaced" rupee paper, 108, 104 ; ditto
Five-and-a-Half per Cent., 114, 115.
The India Five par Cent. Stock and rupee paper
were steady. India Bonds were dealt in at 20e.
dia. Exchequer Bills were unaltered, the March
at Ils. to Bs. dis, and the June at ss. die to par.
In the foreign stock market the movements were
not of much importance, but in a few instances
prices were slightly better.

COMMERCIAL AND MARKETS.