The Express.
London, England, 1863-04-27 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'CLooz.

The funds remain quiet at Saturday's prices.
The other markets are firm. A few of the English
railways are a trifle better. Foreign stocks are well
supported, though there is no revival of business,
except as regards Spanish Passive Bonds, which
have attained a fresh rise.

Owing to the confirmation of the reverse to the'
Federal fleet at Charleston, the scrip of the Con-
federate Loan has improved to If to 2/ prem.
That of the Turkish Loan is also better, at 11 to
14 prem. The scrip of the Italian Loan is steady,
at If to If prem.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Renter opened at
69fr. 40c., being sc. better than on Saturday.
Coombs are now quoted 921 to 9, both for
money and the account (May 7). The official
business report is as follows :-Tbree per Cent.
Consols, for money, 929, 9,9, 9 ; ditto for
account, 929 ; Three per Cents. Reduced,
911 ; New Three per Cents., 91f, 1 ; India Stock,
228, 230 ; ditto Five per Cent. Stock, 1091, 9 ;
Five-and-a-Half per Cent. "enforced" rupee paper,
1151 ; and Exchequer Bills, 4t, 95., Be. prem.
Turkish securities are firm, and the Consolidsis
have advanced per cent. There is also an im-
provement of per cent. in Greek. The principal
movement in this department, however, has again
been in Spanish Passive Bonds, which have risen,
being last marked 301 and 301. Spanish Certificates,
on the other hand, remain dull. The Turkish
Loaa of 1854 is now quoted 87 to 4 ; that of 1858,
671 to 681 ; that of 1862, 701 to ; the Con-
solidi* 473 to 1 ; and Greek, 281 to 29.
Transactions are recorded as follows :-Brazilisus,
1001, ex div. ; ditto 1839 and 1859, 1004, ex
div. ; Egyptian, 979, ; Greek, 281, 9 ; ditto for
account, 281 ; ditto Coupons, 139, 4, 9 ; Italian
for account, 71, 701 ; ditto Maremmana Rail-
way, 761 ; Portuguese, 1862, 48 ; Russian, 1850,
91 ; ditto 1860, 91 ; ditto, 1862, 951,
95 ; Sardinian, 8.51 ; Spanish, 531 ; ditto
Passive, 309, 1,9, 9 ; ditto Certifi-
cates, 101, 9 ; Turkish, 1854, 879, 87 ; ditto, 1868,
68 ; ditto, 1001. Bonds, 684 ; ditto, 1862, 709 ;
ditto, for account, 704 ; Venezuela, 1862, 571.
Gold to the amount of 22,0001. was purchased by
the Bank on Saturday.
The Maid of Judah has arrived from Sydney
with 23,500 sovereigns.
The steamer Climatic will take to-day 96,1801. in
silver and 21,6001. in gold for Bombay, and 13,0001.
in gold for Alexandria, snaking a total of 130,6801.
A telegram, dated Madrid, April 24, says :
The Marquis of San Carlos has today male an interpells-
tion in the ()mimes as the Passive Debt. The reply of the
commission is vary favourable. It is believed that the
commission is about to present its invert
An important undertaking is announced under
the title of the Anglo-Indian Cotton Company
(Limited). The capital is 500,0001. in 100,000
shares of 51. each, of which 20,000 shares are to be
issued at first. The project enjoys a large amount
of support in the cotton districts, and the direction,
besides being very respectable, has the advantage
of being almost exclusively composed of persons
connected with the cotton trade. Amongst the
names are three of the mayors of Blackburn and
Stockport The objects are stated to be to promote
the growth of superior qualities of cotton in India,
from New Orleans, Egyptian, and other acclima-
tised seed ; to purchase cotton direct from the
ryota by an arrangement for which many ad-
vantages are claimed, not the least of them being
that it "gives the security of a law of contract ;"
and to erect storehouses and factories, and establish

gins, hydraulic presses, and the most approved
machinery for cleaning cotton expeditiously. The
directors exprees confidence that by three and
other means they will be able to effect large
savings in the ordinary charges, and to lay
down cotton at Liverpool at a much lower
coat than that of American growth. The
company buys from the promoters their interest
lin the grant of an extensive tract of land, the
greater portion of which is to be cultivated by the
ryota, the company maintaining a small model
farm, with a view to encourage them by teaching
and example. It is affirmed that many of the
leading manufacturers have intimated their ap-
proval of the company's plans, and that the shares
have already been largely applied for in Manchester
and other seats of the cotton trade.

-- ---
The English and Belgian Bank, the prospectus
of which was published a few weeks ago, and then
temporarily withdraw, has been reconstituted as
the English, Belgian, and Netherlands Bank
(Limited). It is now intended to extend the ope-
rations of the bank into Holland, offers of material
support having been received from houses engaged
in Dutch trade, both here and abroad. Several
additions have likewise been made to the board,
and it is intimated that negotiations are in progress
for the transfer to this bank of the business of
an old established bank in Belgium. The new
bank will act as agents to the London, Buenos
Ayres, and River Plate Bank, the London and
South African Bank, the City Bank, and others.
The capital is 1,000,0001. sterling, or 20,000 shares
of 501. each, of which one half are to be issued in
the first instance.
Subjoined is a statement (from Mr. Slaughter's
Weekly List) of the railway calla falling due in the
month of May. The total is very moderate.
Amount per elute.

DIM- Already
Number
Die in May. 18113. Dote. Paid. Call. of Shares. Amount.
Danube and Neck Sea,
S par east. Pref 5 30 0 not known.
Ores& Idian Peninsula
New M. paid
London,Drightonotc ,
61. Shares
Metropolitan 6 per et
Prat 101. Shares..
Do. Extension Shares
Monkland New
Vale of Neath 201
Pref.. 1802 1 14 2 0 0 7,040 14020

Total In May

At 01,1164

Total celled In five months of 18611 £2410.067
Application has been made to the Stock Exchange
committee to appoint a settling day in the shares of
the Asia Minor Company (Limited), and it will
probably be taken into consideration on Monday.

Barmier Erzurum
Consols, which closed yesterday at 921 to 1,
both for money and the 7th of May, opened this
morning at the same quotation, and closed
at 92 13.16 to 15.16, or 921. The official
business report is as follows :—Three per Cent.
Consols, for money, 921, 1, g, ; ditto for
account, 921, ; Three per Cents. Reduced,
911, 1 ; New Three per Cents., 911, 1 ; Thirty
Years Annuities, 1885, 141 ; Beni Stook,
234, 235 ; India Stock, 228 ; ditto Five per
Cent. Stock, 1091 ; ditto Four per Cent.
Debentures, 1883, 1001 ; Four per C.ent. " en-
faced" rupee paper, 98 ; ditto Five per Cent.,
1071 ; ditto Five-and-a-Half per Cent, 1151.
The India Five per Cent. Stock remains at 1091
to 4. The rupee paper is leis inquired for. Exche-
quer Bills have again risen Is., closing at 3s. to Bs.
prem.
Business in the foreign stock market has
slackened, except as regards Turkish Consolid4s, in
which the transactions were extensive, between 471
and 48.
The market for bank shares was heavy, and a
reduction occurred in many descriptions, including
British and American Exchange Bank, Continental,
English and Irish, Bank of Hindnstan, London and
Brazilian, London and Buenos Ayres, London and
Colonial, London and Middlesex, Standard Bank
of Africa, and Imperial Ottoman Bank. The latter
closed at 101 to 111 prem. Berlin Waterworks
shares were inquired for, while London District
Telegraph and Oriental Inland Steam were heavy.
Ocean Marine shares closed to-day at 91 to
prem. ; Universal Marine, 11 to 11 ;
Thames and Mersey, 2f to 1 prem. ; North
British and Mercantile, 181 to 17 ; Commercial
Union, 1 to 1 prem. ; London and Provincial