The Express.
London, England, 1863-12-15 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'Ozooz.

The stock markets to-day are very quiet. The
chief business still coosisui of preparations
for to-morrow's settlement in shares and
foreign stocks. The funds remain at yester-
day's prices. Some of the principal home
railway stocks are slightly firmer, while the more
speculative kinds of foreign bonds are rather flat,
owing chiefly to the absence of business during the
settlement

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rent.' opened at
6Hr. 20c., being 1 per cent. lower than yesterday.
Consols are now quoted 901 to 91, ez div.,
for money, and 911 to 4, ex div., for the
account (January 7). The official business re-
port is as follows:—Three per Cent. Consols,
for money, 91, 901, 91 ; ditto for account,
914, ; Three per Cents Reduced, 91, 901;
New Three per Cents, 91, 901 ; Red Sea Tele-
graph, 201b-16 ; Bank Stock, 2364, 234 ; India
Five per Cent. Stock, 1064, ; ditto Four per Cent.
Debentures, 1864, 9-31 ; ditto, 1864 or 1866, 99, ;
ditto Bonds, 6s die. ; Five per Cent. " enfaced "
rupee paper, 104 ; ditto Five-and-a-Half per
Cent., 113 ; and Exchequer Bills, lla., Ga., 11a.

Apart from the settlement, foreign stocks are
extremely quiet. Mexican, Greek, and Turkish
Congolid& are to per cent, lower than yes-
terday. Other stocks have scarcely varied. Some
of the present quotations are annexed :—Turkish
1854 Loan, 884 to 894 ; ditto, 1858, 704 to i ;
ditto, 1862, 70 to ; the Cousolid4 4611
to a ; Greek, 261 to ; Mexican 34 to ; and
Spanish Passive, 33! to 4. Transactions are re-
corded as follows :—Buenos Ayres Six per

Cents., 911 ; Dutch Two-mid-a-Half per
Cents., 65 ; Egyptian, second issue, 981 ;
Greek, 261 ; Italian, 701 ; Mexican, 341, ;
ditto, for account, 341; Peruviah, 1862,
861 ; ditto, for account, 86 ; Portuguese, 1853,
481; ditto, for account, 49 ; Russian, 1860,
881, ex div.; ditto, 1862, 89, 881; Spank!) Passive,
for account, 331; ditto, Certificates, 131 ; Turkish,
1858, 701 ; ditto, 1001. bonds, 744 ; ditto, 1862, 70,
I; ditto, 1863, 69.
_

- International Financial shares are quoted 44
to prem. ; General Credit, 24 to prem. ; Lon-
don Financial, 84 to 4 prem. ; Mercantile
Credit, Gi to 7 prem. ; Hudson's Bay,
2j to n die. ; Egyptian Trading, to lj
prem. ; Merchant Banking, 4 to prom. ;
Land Mortgage Bank of India, 24 to prem. ;
National Steam, 34 to 44 prem. ; West India and
Pacific Steam, If to 24 prem.; English and Swedish
Bank, 24 to I prem. ; East London Bank, 24 to
prom. ; Discount Corporation, 44 to 4 prem. ; and
Floating Dock, to 14 prem.

The demand for money at the Bank of England
yesterday was only moderate, but the present is
not a season when the discount market usually
exhibits any increase of ease. It is only in excep-
tional instances that transactions take place below
71 per cent. Some effect is produced upon the
general market by the requirements in connexion
with the pending settlement in the Stock Exchange.
The instalment of 15 per cent. falls due to-
day on the last Brazilian loan.
In preparation for to-morrow's settlement in
foreign stocks, the rates for loans on the speculative
descriptions varied yesterday, in most instances,
from 7to 10 per cent. per annum. On Midland,
London and North Western, and South Eastern
Railway Stocks, the rates of " continuation" were
rather heavy, being to 4 per cent. Great
Western It.tilivsiy stock carriea to " contango,"
and most other stocks in this department to
As regards the shares of the financial companies,
and such projects as the Hudson's Bay, Anglo-
Austrian Bank, tec., the terms for loans averaged
8 to 12 per cent. per annum, securities of this class
being apparently still held to no inconsiderable ex-
tent on speculyion.
About 4,000/. in bar gold was sent into the
Bank yesterday, and 20,000 sovereigns were with-
drawn for exportation.
The Norfolk has arrived from Melbourne with
236,5001. in gold. Including the 147,0001. Califor-
nian by the Persia, there is a total of 383,0001. to
be disposed of, the bulk of which is expected to be
sent into the Bank, there being still no general in-
quiry for the Continent.
The only gold ships known to be now at sea from
Melbourne are the Monarch with 247.0001., and
the Prince of Wales with 142,0001. The former
has been out 97 days, and the latter 63 days. The
Transatlantic, from Sydney, is bringing 15,000
sovereigns. The steamer Bombay, which brought
the present advices to Point de Galle, bad on board
85,571 ounces of gold and 37,734 sovereigns, making
• total of 380,00 W., nearly the whole of which was
for India.

There is a good demand for bar silver, for trans-
mission to Bombay rid Marseilles by the next
steamer. Although the effect of the fresh advance
in the Bombay exchange will be to increase the
shipments of silver thither, it may not cause much
gold to be diverted from England to the Continent
to pay for it, as considerable supplies of silver now
find their way here as an exchange operation.

The South Eastern Railway traffic return shows
this week an increase of 1,868/. over last year.

Formal notice is given by the International
Society that a dividend of ss. per shore having been
declared payable on the let of January on Hud-
son's Bay Shares on account of the annual divi-
dend to be declared hereafter, that amount will
be deducted from the final instalment of 51. per
share, payable on that day.
Notice is given of the closing of the transfer
books of the Royal Sardinian Railway Company,
in order to prepare the half-yearly interest
warrants, which it is announced will be accom-
panied by a report from the directors, describing
the progress hitherto made with this undertaking.
The receipts of the Great Western Railway of
Canada for the woek ending the 27th November
were 13,0081., being 9061. less than in the corres-
ponding week of last year.
_ _

The Great Western Railway Company of Canada
have intimated that " the leas on exchange by the
conversion of American money received for the
carriage of through traffic from the commencement
of the current half-year to Nov. 28, 1883, amounted
to the sum of 19,3081. ss. '4d., and at that date
there was a further sum of American funds still re-
maining to be converted of 48.619.08 dole."
The arrangements are notified in connexion with
the payment of the half-yearly interest on the
shares of the Madras Irrigation, East India Irriga-
tion, and San Paulo Railway Companies.
The interest on Zealand Railway shares is an-
nounced by Messrs. C. J. Bambro and Son.
It is notified that the Oriental Bank will pay the
interest due the let pro:. on New South Wales
Government Debentures.

The half-yearly interest is announced on the
shares and bonds of the Italian Irrigation Canal
Company.
The half-yearly meeting of proprietors of the
Colonial Bank is convened for the 6th January.

The share certificates of the Littlehampion,
Havre, and Hontleur Steamship Company will be
ready for delivery on the 18th inst.
Victoria and Mauritius Government Debentures
met with some inquiry.

MONDAY EVINING.
Consols, which closed on Saturday at 91} to* ex
div. fur the 7th January, opened this morning at
911, " buyers," and closed at 91/, " sellers."
For money the last price was 90i to 91 ex div.
The official business report is as follows :
Three per Cent. Consols, for money, 91/, 901;
ditto, for account, Olt i ; Three per Ceuta. Re-
duced, 91/, 91 901 ; New Three pee Cents.,
91, I, 90/ ; Bank Stuck, 235, 237 ; India