The Express.
London, England, 1864-01-18 00:00:00

MONEY MARKEZ-(THIS DAY.)

Two &Qum.

The stock markets to-day are depressed, a number
of sales having been induced by the disquieting
statements which continue to be circulated with
regard to the Danish question. The funds have
declined 1 per cent., and the fall is more important
in home railway securities and foreign bonds. In
the latter department the chief feature has been
a panic in Greek Bonds.
Consols are now quoted 901 to ; for money,
and 91, " buyers," for the account (Feb. 4).
li
The official business report is as follows :- I
Three per Cent. Console, for money, 90k, 1;
ditto for account, 901; Three per Cents.
Reduced, 901, f ; New Three per Cents., 901, 91 ;1
Annuities, 1885, 141, ex div. ; India Stock, 215 ;1
ditto Five per Cent. Stock, 106 ; ditto Four per
Cent., 1001 ; and Exchequer Bills, 25., 65., die.
Foreign stocks are generally worse, especially the
speculative descriptions. There has been a panic
in Greek Bonds, which are now quoted 11 per
cent, lower than on Saturday in conse-
quence of a statement that a very inadequate
offer is about to be made by the government to
the bondholders. Turkish securities and Spanish
Passive Bonds have fallen Ito per cent., and Mexi-
can 1. Some of the present quotations are annexed :
Turkish 1864 Loan, 891 to 901; ditto, 1858,
70 to ; ditto. 1862, 671 to ; ditto
Consolidis, 464 to 47 ; Greek, 21 to 1 ; Mexi-
can, 351 to f ; and Passive, 331 to 34.
Transactions are recorded as follows:-Danish,
1825, 82 ; Equador, 121 ; Egyptian, 1011 ; ditto
second issue, 1004, ; Greek, for account, 214,
MI, 211, 22, 214, 1 ; ditto Coupons, for account,
10, 94 ; Italian, for account, 671 ; Mexican,
for account, 35j, 1,4, ; New Granada, 13; Por-
tuguese, 1853, 471; ditto 1856, Arc., 471, 48,
474 ; Russian, 1822, 924 ; ditto 1850, 871,
861; ditto 1862, 881, 89 ; Spanish, for account,
152, ; ditto Passive, for account, 331, 34, 331 ;
ditto Certificates, for account, 131, 141 ; Turkish,
1854, for account, 90 ; ditto, 1862, for account,
167/, ; ditto 1001. Bonds, 671.

The Prince of Walee has arrived from Melbourne
with 142,0001. in gold.

•
Tme Mtistyrns ran Two o'Ctocx.
Consols are again ), lower, at 90; to for money,
and 901 to 91 for February.
We understand that a total of about 6,000,0001.
sterling has been lodged at the Bank of England, in
connexion with the'deposits on new railway bilis.
This large snm is represented by cash, Consols, and
Exchequer Bills.
The taking of the city of Guanaxuato is an im-
portant incident in the Mexican campaign. Gus-
naxuato is the centre of probably the largest
mining district in Mexico. It has a mint which
has been worked tinder a contract with the govern-
ment by the Anglo-Mexican Mint Company ever
since the year 101. This city was held by the
Governor Doblado, considered one of the most
able and respectable teen in the country.
Mr. Frederick Wright, manager at Adelaide of
the National Bank of Australasia, has arrived in
London, charged to establish an agency here.
The progress of this bank during the five years of
its existence has been remarkably satisfactory.
The deposits, which on the 31st December, 1858,
were 3,736/., had risen at 34th September, 1662,
to 561,7321., and at 30th September, 18G3, to
637,2881. The last half-yearly statement showed
Foss profits (after providing for bad and doubt-
ful debts) of 43,3151., in addition to 11,4 W. profit
on allotment of shares. _

We have received a copy of the preliminary
prospectus of a new nudertaking to be called the
Imperial Bank of China. This company, which is
being organised through the agency of Mr. R. Mont-
gomery Martin, is to be incorporated with
limited liability under the Act of August 7,
1862, and " under a concession from the
Impenal government at Pekin." The proposed
capital (subject to increase) is 1,000,000/. in
20,000 shares of 50/. each, to be issued in two
sales of equal amount. Branch banks, with boards
of local directors composed of British and Chinese
merchants, are to be formed at Hong Kong,
Canton, Shauighae, Foochoo, Tien-tsin, and at omen
other cities as may from time to time be deemed
advisable. The branches are to be under the con-
trol of the London Board, aided by the supervision
of au inspector, as is the case with the Indian and
colonial banks. It is further mentioned that "the
authorisation of the government at Pekin has been
solicited, by which the specie notes of the Imperial
Bank of Ohina will be receivable in payment of
custom duties and at the to offices throughout
the empire." The legal rate of interest in China
is stated to be 3 per cent. per month. The names
of the members of the Loudon board are not yet
published.
The dividend on Manchester Sheffield, and Lin-
colnshire Railway stock has been announced at
158. per 1001. stock, being at the rate of 1 per
cent, per annum. No dividend was given for the
corresponding half-year of 1862.
The first annual meeting of the shareholders of
the SociiitiS Financibre d'Esupte is convened for the
29th February, at Paris.
The annual meeting of the Oriental Inland Steam
Company will be held on the 27th inst.
A general meeting of the shareholders of the Con-
solidated Bank (Limited) is called for the 27th
inst., when a half-yearly dividend is to be declared.
A meeting of the Australian Agricultural Com-
pany is convened for the 2nd February.
The first ordinary meeting of proprietors of the
Continental Bank Corporation will be held ou the
2nd February.
A half-yearly dividend, at the rate of 5 per cent.
per annum, is announced as payable on the stock
of the Lancashire Insurance Company on the 20th

We are requested to mention that Mr. J. B.
Starkey, of Spye Park, Chimenham, has joined the
direction of the International Roos Course Society,
and that in consequence of the numerous applica-
tions the share hat will shortly be closed.
The Emigration Commissioners require a ship to
take passengers to Brisbane, Queensland.
With reference to the prospects of the money
market, the circular of Messrs. Joseph Travers and
Sons has the following :
The continuance of the extraordinary drain of gold from
the Bank of France has led to purchases being made oa
this side ; and the outdo., thus ca:cesioned being increased
by the heavy commercial demand for specie for Egz
India, and China, and it may now probably be added
Japan, to say nothing of the absorption of coin cau.ed by
the military movement► in the north of Germany. is begin-
sing to awaken anticipations of the possibility of an early
return of the rate to $ per cent. Whether this step will be
absolutely found unavoidable is a question that mainly de.
Ponds on the price of cotton, as shippers, both in Egypt sad
India, are merely waiting a rebound to recent prices to
induce new consignments of large quantifies, for which
gold or shyer will be demanded in return.

SATCIDLY V 71217110.

Consols, which cloud yesterday at 9l to for the
4th February, were first marked to-day 91/, and
closed at 914 to 4. For money the last price was 90/
to 91. The official business report is as follows :
Three per Cent. Consols, for money, 901, I, 91, 904 ;
ditto for account, 911, ; Three per Cents. RednoW,
904, ; New Three per Cents., 94, 91, 904 ; India
Five per Cent. stock, 106, f ; ditto Four per Ceot.,
100 ; Five per Cent. " enfaoed " rupee paper,
late ; and Exchequer Bills, 55., 6e. dis.
The India Five per Cent Stock was dull. Ex-
chequer Bills remain flat at 64. to 2e. die.
The foreign stock market was tirin, and a alight
improvement has taken place-in several instances.
The shares of the Bank of London, though quoted
in the Stock Exchange list of this evening 163 to
168, have been dealt in at 169.
Land Mortgage Bank of India shares were
last quoted 1/ to 21 prem. ; Oriental and General
Marine, 2to si prem. ; Mauritius Land Credit, 1
to 14 prem. ; Anglo-Italian Bank, 1 to 1* prem. ;
Mercantile Credit, 34 to 4 prem. ; Australian and