The Express.
London, England, 1864-09-13 00:00:00

MONEY MARKET.-(TEIS DAY.)

Two o'Cuxu.
Apart from the preparations for the fort- I
nightly settlement in shares and foreign stocks,
which have commenced to-day, business in the .
Stock Exchange is quiet. Nevertheless, the gene-
ral tendency is firm. The late rim in the funds is '
fully maintained. Foreign bonds and home railway
stocks exhibit very little alteration.
The favourable tendency of the discount
market, noticed yesterday, has increased to-
day, and good three months' bills are taken
in some quarters at 8/ per cent., being
below the Bank minimum. In the Stock
Exchange there is very little demand for short
loans, and the rate is nominally 31 to 41 per cent.
At Paris to-day, according to Mr. Renter's tele-
gram, the Three per Cent. Rentes opened at 66fr. 75c.,
showing no change.
Console are now quoted 881 to 1 for money, and
881 to g for the account (Oct. 11). The official
business report is as follows :—Three per Cent. Con-
sole, for money, 881, 88, ; ditto, for account, 881,1;
Three per Cents. Reduced, 861, ; New Three
per Cents., 861, 1, ; India Five per Cent.
Stock, 104, 1031, 104 ; Exchequer Bills, March,
se. dia.; ditto June, 205., 25e..dis.
Turkish Consolidds are 1 per cent, better to-day,
at 501 to 1, while Anglo-Turkish Bonds are rather
flatter, those of 1858 at 684 to 1, and those of 1862 at
691 to 70. Greek Bonds have risen per cent.,
being now quoted 244 tot. Other foreign stocks
are steady. Spanish Passive Bonds are quoted
311 to b ; the Certificates, 131 to 14 ; Mexi-
can, 271 to ; and Confederate, 811 to 821.
Transactions are recorded as follows :.—Bra-
silian, 1863, 851 ; Chilian Four-and-a-Half per
Cents., 821 ; Egyptian, 981, 99, 971, ex div. ;
Greek, 241, ; ditto for account, 241, 4 ;
ditto Coupons, 104 ; Mexican, 271 ; ditto
1864, 25/, ; Peruvian, 1862, 78 ; Portu-
guese, 1856, &c., 47, 461 ;
1864, scrip, 31 prem. ; Spanish, 491 ; ditto
Passive, 311, ; Turkish, 1862, 691 ; ditto 1001.
Bonds, 70, ; ditto Guaranteed, 981; Venezuela,
1862, 56 ; ditto 1864, 46, 45, ex div.
International Financial shares are now quoted
31 to 1 prem. ; General Credit, 21 to 1 prem. ;
London Financial, 71 to 8 prem. ; Imperial Mer-
cantile, 21 to 3 prem. ; Hudson's Bay, 15/ to 164 ;
Anglo-Egyptian Bank, 14 to prem. ; Imperial
Mexican Railway, dis to par ; Ottoman SociiitiS
GiSndrale, 11 to 1 prem. ; and Credit Fonder and
litobilier of England, 3 to i prem.
The rise in the value of money on the Continent
continues, thouult the rates in nearly all the prin-
cipal markets, are considerably below those ruling
here. At Amsterdam yesterday the Bank of Hol-
land o;:alsed its rate of discount from 5 to 51 per
oe'.it.

About 25,0001. in gold wail bought by the Bank
yesterday.
The Garrawalt has arrived from Melbourne with
113,0001. in gold, and the Asia, from Boston, with
4,5001.
The French mail steamer Floride, which has
arrived at St. Naxaire, from Vera Crwt, has brought
78,0001, in specie.
The committee of the Stock Exchange have ap-

pointed Friday next a special settling-day in the
shares of the Maritime Credit Company (Limited)
for transactions entered into on and after the 16th
June. The shares are to be marked in the twice-
a-week lista.
The Brighton Railway traffic return shows this
week an increase of 2,3611. over last year.
A general meeting of the Oriental Bank Corpora-
tion is called for the 13th October, to declare an
interim dividend fur the half•year.
. .

An extraordinary meeting of the Antwerp and
Rotterdam Railway Company will take place ou the
6th October at Brussels, " for the purpose of
communicating the resultef the fusion with the Eat
Beige Re;lway Company, and in order to elect the
members of the mixed committee in conformity
with the terms of the treaty of fut. 'on."
An extraordinary general meeting of the Alliance
National Land, Building and Investment Company
(Limited) was held on Monday under the presidency
of Mr. Thomas Hattersley, when it was resolved
that the resolutions of a previous meeting, altering
the name of the Estates Bank (Limited), be con-
firmed, and that the qualification for each director
be increased to 100 shares. Mr. Harper Twelve-
trees having through ill-health resigned the chair-
manship, Mr. Thomas Hattersley has beenappointed
' chairman, and Mr. Job Caudwell, deputy-chairman. '
The vacancy caused by the retirement of Mr.
Twelvetrees has been filled up by the appointment
of Mr. George Henry Money, Director of the Bank
of Wales, to a seat at the board.
The holders of bankers' deposit receipts for F
shares in the Bombay, Bairoda, and Central ludia
Railroad Company, are required to send them in for
registration by the 3rd October.
The Ottoman Financial Association (Limited)
having obtained an Imperial Firman, the annexed
circular, notifying the establishment of a branch
of the company in Constantinople has been issued in
that city by Mr. J. Lewis Farley :
. _ .

M

Constantinople, Sept. 1, 1864.
Sir,-1 have the honour to inform you that, acting under
special powers from my collesgues in London, I have this
day astabgabed • branch of the Ottoman Financial kiwis-
tioa is Constantinople. This branch, as well as that of
Smyrna, is placed under the high protection of the Sublime
Porte in virtue of a special Erman of hi Imperial Majesty
the Salton. The administration of the Constantinople
branch is as follows :—Prerklent-- Apik Effendi Tiughir,
member of the Council of the Minister of Fineries. Con-
sultative Committee :—MM Hadgi Mustepha Effendi ; A.
A. Veglianm J. G. Belli, Stefano Lorando, member of the
blowups! Council, Cowed Peter, sod A. lesaverdene. Di-
rector General Stefano Mavrogordato. Manager—H.
Tinian. All dommenta in any way binding the association
will bear the signatures of the preadent or director-general,
and the manager. Referring yen to the circular herewith.
indicating the operotioos which will be undertaken by the
Constantinople breach, I beg to offer you the cordial co-ope-
' ration of the company and trusting that our relations may
prove mutually bese6ciaL-1 have the honour to be, sir,
your meet faithful sod obedient servant.
J. Lzwis Palms; Director.
The Alliance Bank have given notice that they
are prepared to pay the interest coupons of the Mel-
bourne Railway Company, due on the 16th inst.
It is notified that the lists for applications for
shares to be allotted to the public in the Credit
Foncier and Mobilier of England will be closed on
Saturday next, the 17th inst., at three c'clock, for
London applicants, and on Monday, the 19th inst.,
at twelve o clock, for those from the country.
The particulars are published of a number of
Bonds, representing 266,0001. of the Peruvian
Loan of 1862, which were cancelled on Friday
under the half-yearly operation of the sinking
fund ; also the numbers of the Peruvian Four-
and-a-Half per Cent. Uribarren Bonds which were
cancelled on the same occasion.

MONDAT Eramta.

Consols, which closed on Saturday at 88/ to for
the 11th October, opened this morning at 884 to 0,
and closed at 881 to 0. For money the first price
was 874 to 1, and the last 88 to 4.
The official buainesa report is as follows :
Three per Cent. Consols, for money, 871,
1, 88,k ; ditto for account, 884,1 ; Three per Cents.
Reduced, 864, 0, 1 ' • New Three per Cents., 861, 4, I
I, 4, R ; Bank stock, 242 ; India Stock, 212 •
ditto Five per Cent. Stock, 104 ; Five per Cent.°
a' enfaoed "rupee paper, 101 f.
The India, Five per Cent. Stock was steady.
Exchequer Bills remain at 258. to 16e. die.
The Confederate Loan has fallen 3 per cent., the
day's intelligence from America showing that the
Confederate arms have sustained serious reverses.
With this exception, the foreign stock market was
firmer, the advance beingcontined, however, to the
more speculative descriptions. Spanish Passive
Bonds and Certificates were in especial demand, and
rose respectively 11 and 4 per cent., purchases being
stimulated by a renewed report that the Madrid

Cabinet is falling to pieces, and that Senor Sala-
verria, the obnoxious Minister of Finance, is about
to resign. Mexican Bonds improved per cent,
and Turkish Consolides and Greek 4.
The fourth call of 21. 10s. is to be paid on the 5
per cent. preference shares of the Great Eastern
Railway Company by the 23rd September.
Bank shares were generally steady. There was a
demand for Bank of British Colombia, British and
Californian, Eastern Exchange, Imperial, North
Western, and National Bank of Liverpool, all of
which were quoted better. On the other hand,
London and Brazilian Bank, London Chartered
Bank of Australia, Metropolitan and Provincial,
and South Australian Bank, were rather lower.
Hudson's Bay shares have recovered to 15t to 164.
Egyptian Trading were rather firmer at I to lf
prem. National Discount, Joint Stock Discount,
and Southland Investment, Van Dismen's
Land, and Universal Marine Insurance shares, were
all inquired for. As egards Bombay Gas, City
Offices, English and Australian Copper, Fore-street
Warehouse, Home and Colonial Assurance, National
Steam, Oriental Inland Steam, London and St.
Katharine Dock, and West India and Pacific Stew
shares, flatness prevailed.
The shares of the financial companies were
in better demand, and au improvement of 2s. 6d.
to ss. per share took place in most cases. The
closing quotations are annexed, viz. :—lnterna-
tional, •• to prem. ; General Credit, 2 to
prem. ; ndon Financial, 74 to 8 prem. ; Impe-
rial Mercantile Credit (amalgamated), 2,1 to 3
prem. ; Credit Mobilier, Bto 9 prem. ; and Credit
Fonder, 8 to 9 prem.
The closing quotations for shares in new un-
dertakings are subjoined, viz. :—Credit Fonda
and Mobilier of England (amalgamated), 3to 34
prem. ; Anglo•Euptian Bank, 14 to 14 prem. ;
Imperial Mexican Railway, din to prem. ; Otto-
man SocirStrS Crkgrale, 14 to 14 prem. ; Ebbw
Vale Company, die. to par.

MINES.-(THIS DAY.)

Two o'CLocz.

The mining market is quiet to-day, and prices
generally are unchanged. The fortnightly settle-
ment has commenced. East Grenville and Cara
Camborue share, are in exceptional request,
at 74 to I and 325. 6d. to 365. respectively.
East Lovell are quoted 82 to 91, being lower;
Wheal Seton, 2074 to 2124 ; Clifford Amalgamated,
31 to 32 ; and Herodsfoot, 374 to 384. In the
Stock Exchange Tincroft shares have been dealt is
at 1841.
Foreign and colonial mining shares exhibit no
alteration. Linares are dull. _

The Rhenish Consolidated Mining Company have
received the following report from their agent,
tinder date Sept. 9 :
Bliebeeb.—The engine is set to work at Wright's shaft and
the water is nearly drawn out ; I hope to-morrow to recom-
mence it. sinking. The lode in the end driving west on the
north lode is at present small and not so good as it has
been, yet I hope it will shortly improve. We have com-
menced Monies the back, when the lode is worth Th. TO
per ;salter (IW. 10s.) ; price for stoning and bring's' to
the surface. Th. 16 per lachter 84.) We are now waking
good progress in sinking Astley's shaft. The end driving
, west of Christiana lode will produce 20 centrism of lead
an per lachter. The wheelwright is well on with the DOW
wheel, but the bad weather during the last week bag
hindered the mamma from getting on with boding. I hope,
however, it w ill be finished by the time the wheel is ready.
The rods, carrier-wheel, Ise., are also being made. Fahren-
berg.—The new east and west lode Mill oontionee very regular,
being now extended on it. course about ten lachterv, other
places not above ten centrum. We have six men driving, and
have commenced sloping the back with two men, but intend
to inerems. The lode at Louisa is presenting a better sli-
pstream than I have before seen, at the bottom cf the new
shaft. I intend to go to James Watt to-sight, and will re-
port upon that mine from there to-morrow.

COMMERCIAL AND MARKETS.