The Express.
London, England, 1863-10-24 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'CLocw.

The stock markers to-day are very steady,
though business is limited. The funds remain
at yesterday's prices. The late animation in the
foreign stock market has quite subsided, but prices
are fairly supported. One of the chief features of
the day's business is an advance in home railway
stocks, which, after being long neglected, seem to
be now coming into more favour.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Renton were quoted
Mfr. 05c., being 1 per cent. lower than yesterday.
Consols are now quoted 93 to* for money, and
94 to for the account (Nov. 5). The official
business report is as follows:—Three per Cent.
Consols, for money, 931, 93 ; ditto for account,
931; Three per Cents, Reduced, 911, ; New
Three per Cents., 91i, ; Five per Cents., 1081 ;
India Five per Cent. stock, 1091, I, / ; ditto Bonds,
21s. prem. ; Four per Cent. " enfaoed " rupee
paper, 981, 98 ; ditto Five per Cents., 1071, ;
' ditto, Five-and-a-Half per Cent., 114 ; and Exche-
quer Bills, Is. dis., 2s. pram.

Foreign stocks are steady. Greek Bonds are
about 1 per cent better, at 301 to 311, and Spanish
Paarive 1 lower, at 351 to 4. Mexican are un-
altered at 421 to 1 ; the Turkish Bonds
of 1854 at 92 to 93, ex div. ; those of 1858 at 701
to 1 ; and those of 1862 at 711 to 1, while
the Consolidis are lower at 531 to 4.
Transactions are recorded an follows :-Brazilian,
1852, 1858, 1860, 911 ; Colombian Scrip, 14 ;
Danish, 1863, 881 ; Greek, for account, 31, 301,
313 ; Italian, for account, 724 ; Mexican, for
account, 421, 4 ; New Granada, 16, ex
div. ; Peruvian, 1862, for account, 871 ; Por-
tuguese, 1853, for account, 44, 1 ; ditto 1866,
1857, 1859, 1860, and 1862, for account, 491, f ;
Russian, 1822, 93, 4 ; ditto 1850, 91; ditto 1860,
91 ; ditto 1862, 921, 93 ; Spanish Passive, for
account, 351, 1 ; ditto Certificates, 131 ; Turkish,
1854, for account, 921, ex div. ; ditto, 1858, for
account, 704 ; ditto, 1862, for account, 714, 1,
; Venezuela, for account, 253 ; ditto 1862,
for account, 611, 1.

The Confederate Loan is now quoted 64 to 66 ;
the Brazilian, I to 1 prem. ; and the Portuguese,
11 to 2 prem., being better.
_ _

International Financial shares are quoted 4k to
51 prem. ; London Financial, 51 to prem. ;
General Credit and Finance, 21 to 3 prem. ; Hud-
son's Bay, 1,1 to ti die. ; Privileged Bank of
Austria, 1 die. to 1 prem. ; Anglo-Austrian Bank,
1 dia. to 1 prem. ; Mortgage Bank of India, 3 to 1
prem. ; Discount Corporation, 81 to 81 prem. ;
and Egyptian Trading, 2to prem.

HALT-PANT Two o'CLocit.
Console are without alteration, at 93 to i for
money, and 931 to for the account.
The discount market yesterday was again rather'
easier. Good bills were taken at sk per cent., and
the supply of money generally was fully equal to
I the demand. The business at the Bank of England
has consequently declined to • point below the
average.
39,0001. in gold was bought by the Bank yester-
day.
There was again no alteration yesterday worth
mentioning in the foreign exchanges, which were
quoted as follows :
Amsterdam, 3 mouths, 11.191 to I • ditto, 3 days,
11.164 to 174 j ; Rotterdam, 3 utootas, ILI9I. to ; Antwerp,
3 menthe, 25.55 to 60 ; Hamburg. ma. booms. Ulm macaw.
13.8 g to ; days, 25.2.1 i to 30; ditto, 3 menthe,
25.55 to 60 ; Fraaldart-ou-tbe-Rame, 3 metstbs, 1194 to
I ; Petersburg (par rouble). 3 mouths, 36i to i ; Vfsoy
aft. da, S amstbs,lL4s to 55 ; Triests, sd. do., 3 mouths,
11.45 to 55 ; tWrid, 3 mouths, 481 to fl ; eadis, mouth,.
484 to ; Leghorn, S mouths, 5.65 to 70 ; Genes, 3
mouths, 25.65 to 70 ; Mille, 3 mambo, 25.65 to 70 ;
Rap* 3 mouths, 25.66 to 70; Palermo, 3 mouths. 15.65
to ,0; Measly 3 months, 25.65 to 70; Lisbon, 60 days,
ilatto 4 ; Oporto, 90 My" 524 to 4.
The rates of discount now current in the principal
continental cities (in the open market) are as
follows :—Paris, 41 per cent. ; Berlin and Brussels,
4 ; Hamburg and Turin, 5 ; Frankfort and Amster-
dam,,3 ; Vienna, 5i ; and St. Petersburg, 7 per cent.
The third instalment of 51., making 154 paid, is
due on the shares of the Hudson's Bay Company on
the 2nd November, and the final instalment of 51.
on the Ist January.
The Littlehampton, Havre, and Honfleur Steam-
ship Company (Limited) is announced, with a pro-
! posed capital of 150,0001., in 15,000 shares of 101.
I each, of which 7,500 shares are to be issued in the
first instance. The object is to run fast iron
steamers between Littlebampton and Hoeflear,
fulling at Havre, so as to bring the latter two ports
within about eight hours of London. The traffic
will be worked in connexion with the Brighton
Railway and the Western Railway of France, these
companies having agreed to enter into satisfactory
traffic arrangements for the conveyance of pas-
rangers and merchandist over their respective lines.
It is pointed out that this company's steamers
" will, therefore, supply the only link required to
complete this, the shortest and easiest route be-
tween London and the West and South-west of
France." The project has a respectable direction.
The prospectus of the Staffordshire Joint-Stock
Bank (Limited) is issued. This undertaking is
formed under local auspices. The proposed capital
is 1,000,000/., in 10,000 shares of 100/. each, of
which 251, per share only can be called by the direc-
tors, the remainder forming a reserved fund. We
notice on the board the name of Mr. W. B. Jones,
banker, of Billiton, and the prospectus recites that
"arrangements have been made for the purchase
ou very favourable terms of a private bank of high
reputation, whose principal will be a shareholder
and director, so that the company will have imme-
diate and profitable employment for their capital,
and a oonnex ion of many years standing." Ne-
gotiations have also been commenced for the
purchase of another private establishment. It is
proposed to commence business immediate'y at
Bilaton and West Bromwich, and, as soon as ar-
rangements can be made, at Walsall, Willenhall,
and Derlaston.

The Caledonian Railway traffic return shows this
week an increase of 7121. over last year.
It appears thatthe London, Hamburg, and Conti-
nent.il Exchange Bank, which has just commenced
operations both iu London and Hamburg, after
purchasing the business of Messrs. Schultze and
Co., of Hamburg, is now in treaty for the purchase
of an old-established exchange and banking busi-
ness in London. The trade between England,
Hamburg, and the Hansa Towns is shown by re-
cent statistics to have reached an aggregate import
and export movement of 38,000,0001. per annum.
It is notified that on and after Monday next the
business of the Union Bank of England and France
and of the English, Belgian, and Netherlands
Bank will be conducted in the offices, at 83, King
William-street, under the new title of the European
Bank (Limited).
The Metropolitan and Provincial Bank is about
to open a branch at Hammersmith for the acoomo•
dation of that district.

The letters of allotment of the Marne Invest-
ment Company were delivered yesterday.
The Union Bank of Australia has notified that it
will pay the half-yearly interest due the Ist pros.
on the City of Melbourne Loan.

FRIDAY MOW&
Console opened and closed at yesterday's quota-
tious--vix, 93 to 1 for money and 93k to 1 for
the 6th November. The official business report is
as follows:—Three per Cent. Coned'', for money,
931, 93 ; ditto, for aooonnt, 931 ; Three per Cents.
Reduced, 91i, I ; New Three per Ceuta., 911,4;
Five per Ceuta., 1873, 107 i ; Thirty Years Annui-
ties, 1885, 141 ; Red Sea Telegraph, 21 ; Bank
Stock, 236 ; India Five per Cent. 'Stock, 1091, 1;
ditto Four per Cent., 1001 ; ditto Four per Coat.
Debentures, 1864, 914 ; ditto, 1864 or 1866, 1001.
The India Five and Four per Cent. Stooks con-
tinue to meet with a steady demand. Exchequer
Bills were quoted Ds Zia. to 21. preen.