The Express.
London, England, 1864-04-14 00:00:00

MONEY MARKET,-(T1118 DAY.)

Two o'Omm.

The fends to-day are dull, and Consols have
declined 1-16 to per cent., but, with this
exception, the stock markets retain a favour-
able tendency. Foreign bonds are firm, especially
Mexican. Home railway stooks have advanced.
There has again been a large amount of business in
bank and financial shares, which are generally in
good request. The General Credit Company's
shares, however, form an exception, having fallen.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Dent. Rests* were quoted
66fr. 65c., being per cent. better than yesterday.
Consols are now quoted 914 to f for money, and
911, " sellers " for the account (May 6). The
official business report is as follows :—Three
per Cent. Consols, for money, 911, 4,1,
; ditto, for account, 92 ; Three par Cents.
Reduced, 891, ; New Three per Cents.,
894, 1; Anna., 1886, 141, ; Bank Stook, 238 ;
India Five per Cent. Stock, 1051, 105 ; ditto Four
per Cent. Debentures, 1866, 991 ; and Exchequer
Bills, 75., 2s. dia.

Mexican Bonds continue in request, and, after
being marked as high as 474, are now quoted 474 to
I, being 1 higher than yesterday. Spanish Passive
Bonds are firm at 364 to 4 ; Turkish Consolidis,
better, at 634 to 54 ; Confederate, unaltered, at
a to 56 ; and Greek dull, at 254 to 261.
Transactions are recorded as follows: Brazilian,
1863, 88, 4, ex div. ; Egyptian, 101 ; Greek, 26 ;
Italian for account 68/ ; Mexican, 471, 4;
ditto, for account, 474, 4,4, 4 ; Peruvian,
1862, 86 ; Portuguese, 1853, 481 ; Russian
1862, 914, 4, 4 ; Spanish Passive, for account,
35, 4 ; ditto Certificates, for account, 134; Turkish,
1858, 694 ; ditto 1862, for account, 711 ; Vene-
zuela, 1862, for account, 594.

Swedish scrip is quoted Ito 1 prem. ; and Vene-
zuela par to i prem.

International Financial shares are now
quoted 71 to * prem. ; General Credit, 51
to f prem. ; London Financial, 121 to 13 prem. ;
Hudson's Bay, 20 to 1; Mercantile Credit, 12
to prem. ; Egyptian Trading, 3 7-16 to 9-16
prem. ; Credit Mobilier, 5* to 6 prem. ; Imperial
Financial, 51 to 6 prem. ; Credit Fonder
(Great Britain and Ireland), 71 to 81 prem. ;
City Offices Company, 21 to 3 prem. ;
Fore-street Warehouse, 31 to 4 prom. ; Lem-
berg Railway, to 3 prem. ; International
Laud Credit Company, 21 to 3 prem. ; Tele-
graph Construction and Maintenance, 11 to 11
prem. ; Millwall Ironworks, 3 tc 1 prem. ;
Imperial Bank of China, 31 to 41 prem. ; Oriental
Financial, par to 1 prem.; and City of London Real
Property, 11 to 2 prem.

The Vienna Bourse retains a tendency tc
im-
provement, and business is active.
The rim which took place in Mexican Bonds yes-
terday was caused by a statement in telegrams
from Paris that the Credit Mobilier Society have
undertaken the issue of the new Mexican Loan—a
statement which seems toreceive eonfinestion from
• rise in this company's shares from 1,056 f. to
1,1331. in two days. There is reason to believe,
however, that this movement in the Credit Mobilier
Society's shares, and their reported acceptance of
the Mexican Loan, possess more than ordinary
significance at the present juncture. It is matter
Id notoriety that fur some time past the directors
of this powerful association have stood aloof from
the Bourse and from new enterprise, and that •
coolness has existed between them and the govern-
ment. This feeling has arisen from various causes,
but chiefly, it is said, on account of the counte-
nance' given by the government to theproject for
the establishment of the Tablet Financial Society
(the company in alliance with the General Credit
and Finance Company of London), which is natu-
rally regarded by the Credit Mobilier as a rival
undertaking . Yesterday's news, if accurate, besides
giving an additional assurance of the success of the
impending Mexican Loan, augurs favourably,
therefore, for the future worse of the Paris Bourse,
where prices have to-day improved.
A meeting of Mexic..n Bondholders adverse to
the terms agreed to on Monday was convened for
yesterday, but only about thirty persons were
present, who soon left the room in the absence of
parties who it was thought would have taken the
initiative in the proceedings.
The Arabia, from Boston, has brought only
4,000/. in specie.
Only 188,0001.. in Australian gold is known to be
now on the way to England. The Whence has
55,0001., the Agineouil; 12,5001., the Dover Castle
67,5001. the Red Rover 39,0001., and the
Kosciusko 14,0001.
The amount of bills on India for which tenders
will be received at the Bank of England on the
20th inst will be rupees 90,00,000 (900,0001.).
Another old established private bank has been
merged into a joint-stock undertaking, the amal-
gamation in this instance being between the firm
of Messrs. Masterman, Peters, Mildred, and Co.,
of Nicholas-lane, Lombard-street, and the Agra
and United Service Bank. The amingemer. differs
from that between Messrs. Jones Loyd and Co.
and the Westminster Bank, inasmuch as the pre-
sent is not a mere transfer of a private banking
business to a joint stock company, bus an ab-
solute amalgamation of the two concerns. The
negotiations for this amalgamation appear to
bave been conducted io a very creditable manner,
am is indicated, indeed, by the fact that the pries of
Agra Bank shares has not been affected in anticipa-
tion of the announcement. The freehold of Messrs.
Masterman and Co., in Nicholas-lane, is a very
important one, extending over a much larger space
of ground than that covered by their present bank
premises. If, therefore, it should be deemed
desirable to conduct the future business of the
amalgamated back in Nicholas-lane, ample space
can readily be obtained. At the recent meeting of
the Agra Bank shareholders the chairman stated
that the company bad taken premises at the corner
of Lombard-street and Graceohurch-street for the
erection of a new bank, but it is probable that this
property could easily be resold, perheps at a profit.'
We are officially informed that the directors of
the Royal Mail Steam Packet Company intend to
recommend to the proprietors, at their meeting on
the 27th inst. the payment of a dividend and bonus
amounting to 71. 10e. per share for the half-year
ended 31st December last.

The London and North Western Railway traffic
return shows this week an increase of 6,1821. over
last year ; the London and South Western an in-
crease of 1,0901. ; the Great Eastern an increase of
2,3101. ; the Great Western an increase of 2,922/. ;
and the Great Northern an increase of 4,7851.

The prospectus of the Pernambuco Improvements
Company (Limited) was issued last evening. The
basis of this undertaking is a concession for carry-
ing out works of improvement and drainage in the
city of Recife under a concession granted with ex-
clusive privileges by the Brazilian government. It
appears that an act passed by the legislature last
April renders it obligatory on all householders to
nee the company's system of drainage. Consider-
able progress has already been made with the
works. The capital is 900,0001. in 10,000 shares of
201. each, of which 8,000 shares are now offered
to the public, the remaining 2,000 (paid
up) shares being assigned to the conces-
sionaires, who, however, are to receive no interest
or dividend thereon until a minimum dividend of
10 percent. is paid on the rest of the capital. Inte-
rest at 8 per cent. per annum is to be allowed on
the capital as called up during the two years
required for the construction of the works. The
board is respectably composed, comprising the
following names, viz. : Mr. John B. Eliu
_a director
of the London and Brazilian Bank ; Mr. G. P.
Robinson, a•director of the Alliance Bank ; Mr.
W. J. Marshall, a director of the London and South
American Bank ; Mr. James M'Master, adirestor

of the Merchant Banking Company ; Mr. 'minis.
de Conrcy Nixon of Queen's-gatesardses
Mrs Thomas Nash, late of Parnambsiao. lan
brokers are Mews. J. and J. Whinier& _

At the meeting of the Warrant Bankkg
held yesterday, it was decided to slangs=
to that of the Warrant Finance Company.
The annual meeting of proprietors of the National
Provincial Bank of England is convened for the ELI
of May.
The annual meeting of the Royal Swedish Ea&
way Company is called for the 3rd of May.
A special meeting of the Great Northern
Company is called for the 26th inst., to appreelAtill
bills now before parliament.
We are requested to state that the share lisle et
the City of London Real Property Compose/
(Limited) will be closed on Saturday next for Lan-
don, and on Monday for the country.
It is intimated that the directors of the Fatima
Provincial Marine Insurance Company will imam
the letters of allotment on Saturday, the Ord immA
At a sale of shares yesterday at the Audios Menlo
by Messrs. Fox and Bonefield, European Erik
shares were sold at 111. lfis. per share, and London
and Colonial Bank at 51. 2s. per share.
The mown agents for the oolonies have anaoissne/
the interest due the 15th inst on various Caps ell
Good Hope and Natal Government Debeetnrea.
With reference to the market for Ameriam
securities, Mr. E. F. Satterthwaite reports as
follows :
The market for American SOCUTitille Leaden bee ban
dill during the pest week, and the bade= mad. ewer
considerable purr:hoses have, however, hrea made of INF
nor, sharer, which have 'drained throe irdiern. Atiaalia
and Gress woman are without champ, and the sem&
mortgage steady, akaboat Ito 1i pa

WIDZIEDAT Emma
Consols, which closed yesterday at 911 to 1 for
money, and 91i to 92 for the 56 of May, vets
quoted at one period to-day at &reduction of 1 per
cent , butreoovered at the close to yesterday's quota-
Mons. The official business report is as follows:
Three per Cent. Consols, for mosey, 911, kti Is
; ditto for account, 92, 91/; Three per ts.
Reduced 891, 1 ; New Three per Cente.,A
1, ; Red Sea Telegraph, 20 9-16 ; Bank 8
238, 239 ; India Stock, 218 ; ditto Aye per Cest.
Stock, 104, 1061, 1041 ; ditto Four per Cask.,
99 ; Five per Cent. "enlaced" rupee paper, 106;
ditto Five-and-&-Balf per Cents., 113.

Indian Government securities were steady.
Exchequer Bills remain at 7s. to 2s. dis.
Foreign stocks were firm, with an upward ten-
dency.
The London Mercantile Discount Company have
made a call of 21. pet'share, payable on the 2nd May.
The market for bank shares has this afternoon
exhibited a decided renewal of buoyancy, and has
closed with a strong upward tendency. Loodoe
Bank of Scotland shares, which closed yesterday at
hi to Cve prem., were in greavtanetand aper
touching 10 prem., closed at 9to .
and Provincial Bank have ad to 16j to 1.4
press.—a movement of fully 31. Imperial Bask
closed about it. higher than yesterday, at 214 to
224 prem. Land Mortgage Bank of India were
firm at nto 21 prem. Agra Bank, Alliance, Char-
tered Bank of India, Australia, and China.
Buropean, Imperial Ottoman London and Bra-
zilian London and Hamburg, 'Bank of New Boutk
Wale:, and Union Bank of Australia, have all ad-
vanced. Bark of Loudon shares were quoted
rather lower.

The shares of nearly all the financial companies
have improved this afternoon, and closed firmly.
The rise in Mercantile Credit was as mach as
11. 10.. per share. The closing quotations are
annexed, viz :—lnternational, 71 to f prem., ex
div. ; General Credit, 6 to 61 prem. • London
Financial, 121 to 1 prem. ; Imperial Financial, 61
to 6f prem. ; Mercantile Credit, llf to prem. ;
Credit Mobilier, 5f to 6 prem. ; Credit -Foncier,
if to 8 pram.
Hudson's Bay shares continue in demand, and
have risen to par to prem. Egyptian Trailing
were nto at si prem. Contract
Anglo-Mexican Mint, Joint Stock D?scoerPu°n=
Ocean Marine Insurance shares have all improved.
F.oyal Mail Steam have risen 31. upon the an-
uouncemeut referred to above. Ottoman Gas
shares were weaker.

The closing (but in some cases merely nominal)
quotations for shares in new undertakings are
subjoined, viz.:—City Offices, 21 to 34 peen.;
Oriental Financial, 1 to 14 prem. ; Rational alma-
cial, to 14 rem. ; Lemberg and Osernowitis
Railway, to preen.
; .Uotninereial Agency and
Finance, to 1_ preen. ; International Land Credit,
24 to
-I I prem.; Telegraph Construction, 14 to 1
prem. ; mperial Baafr of China, 34 to prem. ;
City of London Real Piorsty,t to 24 prem. ;
Mißwall Imo Works, to 34 prem.; Foss-
street Warehouse, 34 to 4 prem., and lkbloisiors
Hotel, 2to 3 peso.

MINES.-(THIS DAYJ

Two o'CLoosc.

In the mining market to-day the dealers are
almost exclusively engaged in the settlement
of the fortnightly account, and prices generally
are unchanged. There is an extremely Mimi
demand for East Lovell shares, which has.
experienced a further important rise : the
present quotation is 141 to 154. Wheal Gren-
ville are also firmer, at 9j to 10. Wheel
Setup are quoted 191 to 9024. being
lower ; Great Vor, 331 to 344 • Marko
Valley, 41 to I and Clifford Amalgamated, 33 to
34. East Russell shares are officially marked 41.

Foreign and colonial mining al-tares are quiet at
previous quotations.
A general meeting of the United Mexican Mining
Company (Limited) is called for the 4tb of May.
when the directors intend to recommend the pay-
ment of a dividend.

GALWAY HARDOI7II.—ALLEoItO DECIJUOIe OF TIN
Goveaxitturr. —A oorrespoodeet of tb. Dublin Brad.
Yea says :—" A miry important decision has jest ben ar-
t ived at by the government in the coo of Galway Barbour.
For some days past a deputation bas bees Is Ladoe badly
engaged in orgrag upon the authorities theespediessy el
granting a loot for the corpses of is prow* the harbour se-
oosimodstios, sod etketlettams have bele put forward sli=
the socest for which serviceable brotkweter could be
and a graving dock constructed. In all applications of this
loud it Is comparatively easy to bring nausea' to beer
upoe the members of the gov•rearmat ; bet Mr. Gladeamill
officially, as well as permnolly, is hard to seaviams. The
obstacles, however, arias( from relnetscoe epos his part to
seaction the outlay of public money have sow Mau over-
come, and be bat intimated bit approval of the secirity
prepared. The mmHg, is Mill before the Examiner Lees
Gorteiheiceem. hut for all practical purposes the mesons
has bees speed to. The pies costempletes that a Irak-
esker selll be constructed, cassectiog Matteo Wood with
the maislead, and that upon Its summit • railway then
rue, with the wtdition of a graving dock, at the east
of about WACO& extra. Galway barterer would the
pt rid of meth of its evil repute is maritime carets;
and booms, probably. • port Impel frepested by ship-
ping. A contractor. n wools, bat dschirW his willinpists.
asseming that the break water sad grovistdeck be ow-
stowed, to perform the service buttress Otilway and Ame-
rica at a rate Imo by owes thremeds the the arrosniveest
hr sheady show' its willispest to peat. The total asthy
which will be narrate at Galway so lw.r, cut ties. la_
provemmits is estimated et about 260,0001..
A PIT ox Figs. —A very serious accident oc-
curred is the Piety Pit, Newbottle, the property of the
Earl al Durham, lest week, which it likely to be of very
serious coesequeoee. A number of men had been envies

drift in the -western part of the pit, in order to reach swiss
whole oral lyiag io that (Emetics. It is meal to um hoe
rods when employed in the neighbourhood of old work-ins.
and a was had thus berm employed as Friday eight, when
be usfortamately "holed" iota some old maims of the
Jape Pit. whir* exploded 65 yews No, sad killed several
moo, and has Bet bees wrought slap. m. ps came &wear
from the old wasting with nett fore. Pet the ..e mu
away, fcepliting, uefortanately, his Davy beep. The ogee
sequoias was that the gas bad se aftwoulstos !mead she
Davy lamp that It barium niddist end bent the lamp. The
explosion that thus °scarred *sited the sae, whisk est the
cos/ as ire. The harass sod everything of value were bikes
out of the pit, and a number of owe wee east down with
inirengioes to attempt to pat the fire out, but they wow
ritameomesful. Yore active ineaseres were adspesd es
y mid henday. A eixdrieli pipe wee kid en ham
IRarriagten Mill-burs to the colliery. mid werluese ham
bees employed mcaphig into the old pit elms, sad the alit
drifts have bees closed ; but, doom to the latest whims
frees the colliery, the fire was Will hereto& and Haiegliems
Pit hae been LA idle, as It Is counseled with the seine than
se res aro