The Express.
London, England, 1863-11-11 00:00:00

MONEY MA UKEZ-(THIS DAY.)

Two o'Czoos..
The stock markets have shown heaviness this
morning, an idea being entertained that the rate
of discount at the Bank of England might be raised '
to-day to 7 per cent. It having been intimated
at the Bank, however, that no alteration has been
made, the funds have become stronger, and Con-
sole are now quoted 4 per cent. better than they
closed yesterday. Nevertheless, the belief remains
that an advance to 7 per cent. is likely to take place
either to-morrow or on an early day. Speculative
securities, including foreign bonds, are consequently
somewhat lower than they were yesterday. Home
railway stocks have likewise shown heaviness.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rent** were quoted
67fr. 17c., being 4 per cent. higher than yesterday.
Consols are now quoted 921 to 4, cum div., for
money, and 914 to 4, ex div., fur the account
(Dec. 3). The official business report is
as follows :-Three per Cent. Consols, for money,
921, 1, 4 ; ditto for account, 914, 4 ; Three
per Cents. Reduced, 904, ; New Three
per Cents., 901, 4, ; Thirty Years' An-
nuities, 1885, 141 ; India Five per Cent.
Stock, 1084, 4 ; ditto Four per Cent. Debentures,
1864, 994 ; Five per Cent. " enfaced" rupee
paper, 1051; and Exchequer Bills, 91., 4a. die.
Mexican Bonds show a decline of 4 to 1 per cent.,
Spanish Passive and Turkish of 1858 of 4, Turkish
of 1854 of 1, andthe Consolidds of 4 per cent. Some
of the present quotations are annexed :-Turkish
1854 Loan, 91 to 92 ; ditto, 1868, 691 to ;
ditto, 1862, 704 to ; the Consolidtis, 474
to 481 ; Greek, 304 to ; Mexican, 394
to 1 ; and Spanish Passive, 334 to 34 ;
Transactions are recorded as follows :-Austrian,
64, ex div. ; Brazilian, 1863, scrip, 4, 1 die. ;
Dutch Certificates, 100 ; Egyptian, 981, 99 ; ditto
second issue, 984 ; Greek, for account, 301, 4 ;
ditto Coupons, for account, 144, 15; Italian, for
account, 71, ; Mexican, for account, 394, 4,
; Portuguese, 1853, for account, 491;
ditto 1856, 1857, 1859, 1860, and 1862,
for account, 491, 1 ; ditto scrip, 14,
prem. ; Russian, 1862, 874, 4,4, ex div. ;
Spanish, for account, 641 ; ditto, New
Deferred, for account, 481 ; ditto, Passive, for
account, 331, 1, 4 ; ditto Certificates, for ac-
count, 13 ; Turkish, 1854, 91; ditto for account,
91; ditto 1868, 694 ; ditto for account, 691 ;
ditto, Six per vent, 1862, for account, 701, 71, 704,
71 ; ditto, Six per Cent., 1863, 70 ; Venezuela, of
1862, for account, 564, ex div.
International Financial shares are now quoted
31 to 4 prem. ; General Credit, 24 to
prem. ; London Financial, 54 to 1 prem. ;
Hudson's Bay, 11 to 14 die. ; Egyptian
Trading, 2 to 4 prem. ; Mercantile Credit, 21
to 3 prem. ; Privileged Bank of Austria, 1 die. to
par ; Anglo-Austrian Bank, par to 4 prem.. ; Dis-
count Corporation, 94 to 10 prem. ; English and
Swedish Bank, 24 to 1 prem. ; Mantz's Metal, to
prem. ; National Steam, 41 to 54 prem. ; Merchant
Banking, 3 to 4 prem. ; and Australian Land
and Mortgage, Ito pram.
The True Briton has arrived from Melbourne
with 29,490 ounces of gold and 20,000 sovereigns,
making a total of 138,000/.
The course of the discount market continues to
indicate a belief on the part of persons practically
engaged in money business that the rates have not
reached their highest point. Although the supply
of money is considerable, there is an indisposition
to lend, and, consequently, in an increased number
of instances the business transacted yesterday was
done subject to the Bank rate to-morrow. A
good but not pressing demand continues to be ex-
perienced at the Bauk discount office.
One good effect of the rise in the value of money
is the pause now observable in new joint-stock
enterprise. Several days have elapsed since the
issue of a prospectus. The number of new compa-
nies, however, which are only waiting for a favour.
able opportunity to make their appearance on the
market is very large.
The numbere are published of 529 bonds, repre-
senting 110,000/. of the Russian Four•and-a-Half
per Cent. Loan of 1849, which have been drawn,
, and are to be paid off by Messrs. Baring Brothers
and Co. after the Ist January.
About 130,000 sovereigns and 6,000/. in bar
gold werevrithdrawu from the Bank yesterday-the
former for Alexandria, and the latter for the
continent. It is thus evident that the measures
recently adopted by the Bauk have not yet proved
sufficient to protect its reserve of bullion, and this
fact of itself renders further action in the same
direction highly probable.
The City of New York has brought 56,0001. in
specie from New York, and the Hammonia is
bringing 21,0001. The Athenian, from the West
Coast of Africa, has 9,0001-
Owing to the state of the money market the
silver market is now flat, and there is au indisposi-
tion at the moment to enter into fresh transaction&
The total, chiefly silver, to be sent by the Bombay
packet to-morrow, however, is expected to reach
about 600,0001.
In consequence of the recent rise in the value of
money a further improvement took place yesterday
afternoon iu the exchanges with the continent. The
rates were as follows :
Amatenlam, 3 months, 11.191 to 12; ditto, 3 dam,
1L164 to 14; Rotterdam, 3 mouths, ILI% to 12 ; Antwerp,
Smooths. 25,60 to 65 ; liamburn, ma, bastoo. three mouths,
13.4 to 9; Par* 3 days, 2120 to 30; ,ditto, 3 months.
25.021 to 70 ; Fnuakfort-on-the-Matne, 3 months, 1191 to
; Pseenbarg (par rouble). 3 months, 354 to 36 ; Vienna,
.Q. 50., 3 uieotha,lLl9 to 12 ; Trieste, eft. tlo., 3 months,
ILI9 to 12 ; Madrid, 3 mouths, 484 to 4; Adis, 3 mouths,
484 to ; Leghorn, 3 months, 25.70 te 75 ; Canon, 3
months, 25.70 to .5: 3 months, 25.70 to 75 ;
Naples, 3 months, 25.70 to 75: Palermo, 3 months, 25.70
be 75 ; Messina, 3 months, 25.70 to 75; Lisbon, 90 days,
521 to 3 ; Oporto, 90 dam, 622 to 4.
The certificates of shares in the British Indian
Tea Company are now ready for delivery.
The receipts of the Great Western Railway of
Canada fur the week ending the 30th Oct., were
13,2031. sterling, being 212!. more than in the cor-
responding week of last year.
The first annual meeting of the London and
Lisbon Cork Wood Company (Limited) is called for
the 19th Mat, when a dividend is to be declared.
A general meeting of the Eastern Bengal Railway
Company is called for the 25th inst., when autho-
rity will be sought to borrow on bond, with the
sanction of the Secretary of State for India, a sum
not exceeding 300,000/.
A general meeting of proprietors of the Bank of
British North America is convened for the Bth Dec.
Creditors of the New Theatre Company (Limited)
are required to send the particulars of their claims
to the official liquidator by the 30th inst.
With the benevolent object of relieving the
famine in Hungary, where the almost total failure
of this year's cro,is has caused frightful distress, a
committee has been formed, comprising the following
eminent City names, viz. :-bir Anthony Roths-
child, Bart., and Meson. Somerset A. Beaumont,
M.P., Menry L. Bischoffsheitn, Thomas Browser,
John S. Gilliat, George G. Glyn, M. P., George J.
Gambian, M.P., Samuel Laing, T. A. Mackenzie,
Louis Melton' J. 11. W. Schroder, Autbony M.
Worms. Subscriptions are earnestly invited, and'.
will be received by these gentlemen, or by Messrs.
Glyn and Co. They will be forwarded from this
country through the Austrian embassy.
Subjoined are the quotations of insurance, gas,
dock. and other shares, u given iu the Stock
Exobange list of last evening :
Insurance.-Alhasee British and Foreign. 154. ea div. ;
Royal. Faze Hoarrraz, GRAY's-nrst-soon.-The I Atlas, ISt: Commercial Usk.% 81 ; thardla . tO4 ; lope-
number of patients relieved at thin hospital during thews* risk Fire, 350 ; indemnity Marine, 145, 4 ; I/dm. 484. el
imam( Nov. 7 was 3,016, of whisk 1,021 were sow ems. div. ; Loudon sod Provincial Manse, 21 ; Marine, 94 ;

its_

119 t 1
in
s

A Aml

lit 122
4..
li in
, N
104 1•2
lu 10 ea
•
11 12
V SS
N 60
1T 1$

I
1
21
TO. latiliAl

tin% zd

_
sr
4
14
111
XI

i dial

CI. pekoe.— IT—l—sisa.

ios lil
111$ /66
in 06
NI NM
112 116
O 116
111$
IN 11l
10 11
lii 115
109 KS
11$ 115
197 100
10 111
111 Ili
107 10
109 10

94

joie 104
111# lON
1011 1011
100 111
MN NS
I`l US
US 114
IN UO
Mt 110 S

la, 10

U....

Ei Mem
2 271
Par iPla
Is Tr
sit
1.1 Ala

par I pool
li
42. r

lin
2i F
6 6pm
46 48
14
16 t6m
711 rt
109 111
29 al
604 d
pa
I Par
elm Ude
Sa

71

ZS

of i

-i
i-pol
$ 4
low
7 701 c
le vile
lii ibitir
10 It p"
I lat
101 is
Ii lidle
it $

rit a
Ira
4474

••••
64

lei ale
4 3Ms
par 1 pea
arT 28

'a:118J pas
Tiii hd
4iPm
sioas
si sm.°.
1004414 p.

584 id
93 93
19 14914' Ell
stykp9.l
19
ldis pu
3 las
30 40

S xd

21 El

I Oaks.

uti
19 21
9 9e
e dim pmi
22 28

88 il6
12 11 pm
6
88 88
1 lop=
:9 21
rif
118 119
118 118
i Mit PE
110:
.14.1ga

'm .

rt
it I
II
atom
lift
If
ti
ST. SS

-le Ie
le lepo
r 5 11•1
11
:I 11Pm
47
1 2 pp.
1 2 pea

111 i.i
2 slip Pal
a dims° m

1111 ii
21. 22y1?

-1
-2
eVis
25 24
7 8
37 113
3
I,'-
74 76 zd
148 147
tidal
es 36
l I
vy
e
Me
II zd pa

_
75 zd

Two o'CLoow.