The Express.
London, England, 1864-07-18 00:00:00

MONEY MARKET.-(THIS DAY.)

Two &Mom.

Business in the Stock Exchange to-day is quiet,
and the tendency of the various markets is dull.
notwithstanding the conclusion of an armistice
between the Germans and the Danes. Prices gene-
rally, however, are maintained at Saturday's quota-
tions. The funds are quite unaltered.
The dissount market is quiet to-day, but the
rate for good three months' bills is maintained at
51 per cent. The charge for short loans in the
Stock Exchange is about 4 per cent.
At Paris to-day, according to Mr. Reuter's
telegram, the Three per Cent. Relates were quoted
661 r. 40c., showing no alteration.
Consols are now quoted 90/ to 1 for money, and
901 to 91 for the account (August 9). The official busi-
ness report lass follows :-Three per Cent. Consols,
for money, 901, 1 ; ditto, for account, 91,1 ; Three
per Cents. Reduced, 89j, 90, 893 ; New Three per
Cents., 891, 1, 90 ; India Stock, 214 ; ditto Five
per Cent. Stock, 1041, 3 ; Four per Cent. " en-
faced" rupee paper, 941 ; ditto Five per Cent.,
104 i, 3 ; and Exchequer Bills, June, ss. die.
Very few variations have occurred in foreign
stocks, business being limited. Venezuela
Bonds of 1862 are inquired for. Greek
Bonds were in demand in the morning and
were marked 251, but have since relapsed,
and were last dealt in at 241. Turkish Bonds of
1858 are 1 per cent. better, at 72 to 1. Other
foreign stocks remain at Saturday's quota-
tions. Mexican bonds are quoted 291 to
1, ex all ; Spanish Passive, 29 to 1 ;
Turkish of 1862, 691 to 701; the Consolidee,
511 to 1 ; and Confederate, 77 to 79.
Transactions are recorded as follows :-Brazi-
Ban, 1852, 58, 60, 861 ; Egyptian, 1021, 1 ; Greek,
for account, 251, 241; ditto Coupons, for aocouut, 11;
Italian, for account, 671, ex div. ; ditto Maremmana,
Railway, 741, ex div. ; Mexican, for account,
29/, 1, ex all ; ditto, 1864, 271 ; Portuguese,
1856, &c., for account, 48, 474, ex div. ;
Russian, 1862, 884, 1 ; ditto 1864, 891 ; ditto
scrip, 41 prem. ; Sardinian, for account, 851,
85 ; Spanish for account, 51, ex div. ; ditto Pas-
sive, for account, 291 ; Turkish, 1854, for account,
911, j ; ditto, 1858, for account, 72, 1 ; ditto
1001. Bonds, 75 ; ditto 1862, for account, 701, ex
div. ; ditto 1001. Bonds, 701, ex div. ; ditto
Guaranteed, 1011 ; Venezuela, 1862, for account,
581, 58, 4.

International Financial shares are now quoted
si to prem. ; General Credit, 31 to prem. ;
London Financial, 13 to prem. ; Imperial and
Mercantile Credit, 4} to prem. ; Hudson's Bay,
17} to ez div. ; Ebbw Vale, par to I prem. ;
and Ottoman Sociit4 thinerale, 3} to ;I prem.
The directors of the Bank of Egypt have decided
upon paying a dividend at the rate of 10 per cent.
per annum for the half-year ended 30th June last.
Fors o'Csocs.

Owing chiefly to the circulation of a false rumour
that a large amount of gold has been withdrawn
from the Bank, Consols have declined i per cent.,
the present quotations being 90ti to I for money,
and 901 to i for the account.
The particulars are published of 202 Bonds,
representing 47,8001., of the Turkish Loan of 1854,
which were drawn on Friday, and are to be paid off
at par oa the 10th October.

The Africa, from Boston, has brought 13,0001.
in specie.

An extraordinary meeting of the shareholders of
the Alliance Bank (Limited) is convened for the
12th of August, to confirm resolutions passed by
the directors on Friday for an increase of the oom.
pany's capital from 3,000,0001. to 4,000,0001., by
the creation of 10,000 new shares of 1001. each,
which are to be issued at &premium of 201. per share,
in the proportion of one new share for every three
present shares, to the shareholders appearing on the
register on the 12th of August. With regard to
the instalments, the resolution of the directors pro-
vides that :

Sack premium of 201. par share shall be paid, together
with 1(11. per share deposit, as folk,. :-10/. per share
(being U. on &mount of premium, and 51. on &rootlet of de-
posit) ahall be paid oo application. lul. per share (being
5/. on amount of premium, aod 51. the balanceof deposit)
shall be paid on the let day of October Dart. And MI. per
share (the remainder of the premium) shall be paid on the
Ist day of November next.

Shareholders are to apply not later than the Id of
September. The proceeds of the premium are to
be carried to the reserve fund.

The following is the fourth half-yearly report of
the directors of the Imperial Bank (Limited), to be
submitted on the 21st inst. :

The directors have much pleasure in submitting their
report to the shareholders for adoptioe with the balance
sheet for the half year ending the 30th June last. The
directors have to announce, that in consequence of the exten-
sion of business, and with a view to advanos the influence of
the bank, they deemed rt advisable to increase the subscribed
capital, and give additional strength to the direction. They,
therefore, in exercise of the authority vested in the board
by the 18th and 21st regulations, issued 12,800 shares of
the original capital—in addition to the first issue of 10.000
shares—thereby raising the subscribed capital from
1,000,0001. to 2,230,0001. The premiums on the shares
recently renal have pissed at disposal the run of 48,2881.,
which the directors recommend to be carried to the reserve
food ; and they are happy to state that the increased capital
has placed the hank in a position to inset the requirements
of extending connections. The directors her to report
that, after payment of the whole of the current charges.
making allowance for bad and doubtful debts, and
rebate re bills, writing off 2,11 W. Ca. 3d. (the profit on
rle of fractional parts of new shares) against preliminary
expenses, the profit and loss account exhibits • balance of
63,4371. 12e. Id., including (8,2881., the premium received
on new shares, and they recomineed the appropriation to
be as follows :—To dividend at the rate of 8 per cent.
per annum, free of income-tax, for the six months ending
30th June, 1864, on paid-up capital of 12,000 shares first
issue, 9,11001. ; to payment at rate of 5/. per cent.
per annum oe paid.up capital of 10,500 shares of
the second and third issues io lien of dividend,
8491 Se. 3d. ; to reserve fund, premium ou new shares,
48,2881. • to balance to be carried forward to credit of
profit and loss new account, 4,7001. 6s. 10d. ; total, 63,4371.
12.5. Id. The following gentlemen have joined the direc-
ting, viz.:—H. L Biethoffsheini, Esq, A. P. Petrooochioo,
grq. A. A. Ralli. Egg., P. C. RAW, Eaq., I). Stern, Esq..
and
a 'their appointment will have to be confirmed by the
rebolden.

Formal notice is given that a petition for the
windrng•np of the Commercial Bank of London is
to be heard in the Court of Chancery on the 25th
inst.

The directors of the International Financial
Society intimate that they have now made arrange.
mwits for taking deposits in sums of not less than
1001. for fixed periods, and at a fixed rate of in-
terest.

The Ottoman Financial Association have made a
call of 51. per share, payable on the 10th August.
No transfers can be registered until the call is
paid.

A circular has been issued to the proprietors of
the London and North Western Railway, stating
lthat in accordance with the first section of the
company's act of the present session, resolutions
were passed, dividing the shares as propwed ; both
classes of shares will be consolidated into stock,
that representing the 121. shares being designated
"North Western Railway A Consolidated (pre-
ferential 5 per cent) Stock," and that representing
the 81. shares "North Western Railway B Consoli-
dated Stock." No transfer of undivided shares
can be registered after the 15th of August nest,
from which day the books will be closed until after
payment of the dividend on the Ist September.
The certificates of shares must be sent for the
purpose of being exchanged for stock coupons, which
will be issued on the Ist September next, and
persons wishing to have more than one coupon for
each description of stock must bay in what sums
they require them.
The half yearly meeting of the Victoria Station
and Pimlico Railway Company is called for the 10th
of August, and that of the Mid Kent Railway
Company for the Bth of August.
The annual meeting of the United Kingdom

Electric Telegraph Company (Limited) is called for
the 30th inst.

The half-yearly meeting of the Electric and Inter-
national Telegraph Company (Limited) is convened
for the 3rd of August.
The last call of 11. is to be paid on the Five per
Cent. Preferential Shares of the Rhymney Railway
Company by the 15th of August.
Vice• Chancellor Kindersley has fixed the 20th
inst. for the appointment of an official liquidator
of the London and Colonial Export Oil and Provi-
sion Company (Limited).
The Master of the Rolls proposes on the 29th
inst. to make a call of 1/. per share on the contri-
butories of the Waterloo Assurance Company.
The letters of allotment of the General Financial
and Estate Agency Corporation (Limited) were sent
out on Friday evening.
The share list of the Flintebire Oil and Cannel
Company will be erased on Wednesday next, the
20th inst.

SATURDAY STIODNO.

Console, which closed yesterday at 91, "sellers,"
for the 9th of August, opened and closed to-day at
90/ to 91. For money the last price was 901 to 1.
The official business report is as follows:—Three
per Cent. Consols, for money, tiog,i, ft ; ditto for
account, 90k, 91; Three per Cents. Reduced, 891 ;
New Three per Cents., 89k, I. 90 ; India Five per
Cent. Stock, 1041, ft ; ditto bonds, ss. dis.
The India Five per Cent. Stock was in demand.
India Bonds were dealt in at N. die. Exchequer
Bills were unchanged, the March being quoted Sit.
to 3s. dui., and the June ss. dia. to par.
The foreign stocks opened at the closing quota-
tions of yesterday, but an upward tendency sooa
became observable, and many stocks closed at ea
advance.

The ~hares of the financial companies were a
little more offered, except Credit Mobilier and
Credit Foncier, which were rather dearer. The
closing quotations are annexed, viz.:—lnterna-
tional, 5 7-16 to 9.16 prem. ' • General Credit,
3 7-16 to 9-16 prem. ; London Financial, 13 to
prem. ; Imperial and Mercantile Credit (=alga.-
mated), 4} to 9 prem. ; Credit Mobilier, 6 to 4
prem.; Credit Foncier, 82 to 94 prem.
The closing (but in some cases merely nominal)
quotations for shares in new undertakings are
subjoined, sir_ :—lnternatioual Land Credit, 2
to la prem.; Millwall Iron Works, dia. to prem. ;
Ebbw Vale Company, par to prem. ; Italian Land,
par to prem.; Roberb.fore Iron Works, to 14
prem. ; Humber Iron Works, to 1 prem. ; and
Ottoman Societe Generale, 39 to prem.