The Express.
London, England, 1864-07-02 00:00:00

MONEY MARKET,-(THIS DAY.)

Two o'OLocw.

The stock markets to-day are quiet. The funds
remain at yesterday's prime. Foreign stocks pre-
sent little change, beyond a relapse in Greek.
After the recent marked rise in British railway
stocks, however, there are indications to-day of a
partial reaction.

There is a good demand for money for a Satur-
day, and the rate for choice bills is maintained at
6 per cent. The inquiry for short loans in the
Stock Exchange, however, is very limited, and it
is difficult to lend on English government securities
at 4 per cent.

Consols are now quoted 90 to 1, ex div., for
money, and 901 to 4, ex div., for the account (July
8). The official business report is as follows :
—Three per Cent. Consols, for money, 90, 4 ;
ditty, for account, 901 ; Three per Cents. Re-
duced, 894, 89 ; New Three per Cents., 89, 4 ;
Bank Stock, 238 ; India Five per Cent. Stock,
1041, ; Exchequer Bills, June, ss. die.
Greek bonds have declined 1 per cent, being now
quoted 25 to 4. Mexican are 4 better, at
444 to 1. The Mexican Bonds, ex the arrears,
are quoted 284 to 1 ; Spanish Passive Bonds are
quoted 291 to I ; Confederate, 641 to 654 ; Turkish,
of 1858, .691 to 701 ; ditto, 1862, 68 to 4, ex div.,
being rather better ; and the Consolid4a, 481 to 1.
Transactions are recorded as follows :—Brazi-
lian, 1852, 1858, 1860, 861 ; Egyptian,
1011 4 ; Greek, for account, 251, 1, ; ditto
Coupons, for account, 111 ; Italian (Maremmana
Railway), 731, ex div. ; Portuguese, 1856, &c.,
47a, 1, ex div. ; Russian, 1862, 874, 4, 4 ; Spanish
Passive, for account, 291, 1 ; Turkish, 1858,
for account, 70 ; ditto 1001. bonds, 741 ; ditto
1862, for account, 67/, 681, 4, ex div. ; Venezuela,
1862, for account, Mi.

International Financial shares are now quoted
sto } prem. ; General Credit, n to 3i prem. ;
London Financial, 13 to } prem. ; and Imperial
and Mercantile Credit, 2} to i prem.
At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Rental, were quoted
66fr. 05c., showing no change.

HALI;-PA2T TWO O'CLOCK.

Consols are quoted 90 to I, ex div., for money,
and 90} to I, ex div., for the account, showing no
variation of importance compared with the prices
current at 2 o'clock.

The payment of the dividends will commence at
the Bank of England on Friday next, the Bth inst.,
and there is an impression that it will occasion re-
newed ease in the money market.
With reference to the Peruvian Loan of 1862, we
are informed that Bonds representing 266,0001.
have just been purchased under the operation of the
sinking fund, leaving only 4,280,6501. remaining of
the five and a half millions orgivally created.
The amount of gold sent into the Bank yester-
day was 45,0001.
The steamer China, being from Boston, has
brought only 4,0001. in specie.

Only 4801. in specie is engaged for transmission
to the West Indies to-day by the steamer Seine.

Scarcely any alteration occurred yestertlay after-
noon in the foreign exchanges. The rates were as
follows :

Amsterdam, 3 months, 12.0* to I ; ditto, 3 day;
11.17 j t 3 184 • Rotterdam, 3 months, 12.0 j to I ; Ant-
werp. 3 months, 25.574 to 62j ; Hamburg, ma. team, 3
months, 13.8 j to j ; Paris, 3 days, 25.15 to 25; ditto, 3
moaths, 25.56 to 62j ; Prankforteon-tbrlfaine, S months,
119 j to 120 ; St. Petenburg (per rouble), 3 months, 311 to j ;
Vienna, off. do., 3 months, 11.85 to 90; Trierte, oft. do., 3
months, 11.66 to 90 ; !WM, 3 months, 48j to I ; Oadia. 3
months, 481 to I ; ;Leghorn, S months. 25.60 t 3 65;
Genoa, 3 months, 25.65 to 70 ; Man, 3 months,
25.65 to 70 ; Naples, 3 months, 25.65 to 70 ; Palermo,
3 months. 25.70 to 75 ; lismana, 3 months, 25.70 to 75 ;
Lisbon, 90 dam, 51j to 52 ; Oporto, 90 days, 51j to 52.

The weekly return of the Bank of France, as made
up to Thursday, the 30th of June, shows the fol-
lowing results (the exchange taken at 25f. to the
pound) :

Coin and bullion
Bills discounted
Notes is circulation lncresee 1,810,000
Private deposits lncrease 840,000
Treasury deposits
Them is a great demand for money in Paris, partly
in connexion with the large payments for silk usual
at this season. A heavy amount of bills also falls
due in France at the beginning of July. The de-
cline in the coin and bullion, however, is unimpor-
tant, the Bank of France having obtained a supply
of gold in London.

At Paris and Vienna the rate of discount in the
open market is 6 per cent ; Amsterdam and Berlin,
4i ; Hamburg, 4 ; Turin, 8; Frankfort, 3; Brune*
; and St. Petersburg, 5 per cent.

The tenders for 100,0001. of Queensland Six per
Cent. Debentures were opened yesterday at the
Union Bank of Australia, when 29,3001. were sold
above the minimum of 1031. 125., and it was in-
timated that the directors will receive further ten-
ders up to Wednesday next at 13 o'clock for the
balance, 70,7001.

The Bank of Queensland invitee tenders, to be
opened on the 13th inst., for 5,0001. of city of Bris-
bane Corporation Town-ball Seven per Cent. De-
bentures, being the first portion of 20,0001. autho-
rised to be issued. The principal and interest are
made payable in London or Brisbane, at the option
of the holder.

At an extraordinary meeting of the Land Mort-
gage Bank of India yesterday, the resolutions
passed on the 17th ult. were confirmed.
A general meeting of the shareholders of the
London and Northern Bank (Limited) is villed for
the 20th inst. at Leeds, to declare a dividend for
the half-year ending the 30th June, and will be
made special, to increase the capital to 2,000,0001.,
divided into 40,000 shares of 501. each, to convert
the present 6,000 shares of 1001. each into 12,000
shares of 50L each, and to empower the directors
to issue the remaining 28,000 shares at their
discretion.

The prospectus of the Residential Chambers
Company (Limited) is issued. The object is to
erect in suitable parts of the metropolis commo-
dious buildings of ouch • description that they
shall be available as furnished or unfurnished
apartments, or as apartments and offices. An ex-
perimental building is to be erected on an eligible
site in Victoria-street • and amongst the conve-
niences are to be bailie, smoking and reading
rooms, a public dining room. refreshments at
reasonable prices. .lc. The capital is 70,0001., in
7,000 shares of la each.
The half-yearly meeting of the London Finan-
cial Association is called for the 20th of July, to
receive the directors' report and to declare a
dividend. _ _ _

Mr. H. D. Cartwright, of Meagre. Leckie and
Co., Bombay, and chairman of the Commercial
Bank Corporation, has been elected chairman, and
Mr. Lewis Balfour, of Messrs. Balfour and Co.,
Calcutta, deputy chairman of the board of the East
India Financial Association (Limited).
It is stated that the arrangement lately made
between Messrs. Falkner, 8011, and Co., of San
Francisco and the British and Californian Bank-
ing Company has been cancelled by mutual
consent. . _

The Share Certificates of the new issne of shares
in the General Credit and Finance Company of
London will be ready for delivery in exchange for
the bankers' receipts on and after Monday next.
Messrs. Baring Brothers and Co. have advertised
the dividend due the 12th inst. on Buenos Ayres
Six and Three per Cent. Bonds, and also the
particulars of the sinking fund.
The new screw steamer Thames, of 1.376 tons
register and 170 nominal horse-power, being the
first of the line of the British Colonial Steamship
Company (Limited), took her departure from the
Victoria (London) Docks yesterday direct for
IQuebec and Montreal, with passengers and a
valuable cargo.

FRIDAY EVE 11110

Oonaola, which closed yesterday at 901M1, ex
dir., for the Bth of July, opened this morning at
the same quotation, and closed at 901, " sellers."
For money the last price was 90 to 1, ex di..
The official business report is as follows —Three
per Cent. Consols for money, 90i, 1 ; Three
per Ceuta. Reduced, 89/, 1, 89, 1 ; New Three
per Cents., 891, 1, 89, ; Bank Stock, 2361,
.4:8 . • India Stock, shut ; ditto Five per Cent.
Stock, 1041, ; di',) Four per Cent., 991 ; ditto
Bonds, 205., 165., 135., 10s. die. ; Five per Cent.
" enfaed" rupee paper, 105, loq.
The India Five per Cent. stock was steady. India
Bonds were dealt in at 20e. to 10s. dis. exchequer
Bills were unaltered—the March at Bs. to 3s. dir.,
and the June at ss. dia. to par.

In the foreign stock market the principal feature
was a rise of $ per cent. in the Confederate Loan,
upon the simultaneous announcement that General
Grant has sustained a repulse, and that the funds
for the next dividend are in hand. Greek end
Mexican Bonds declined per cent., Spanish
Passive and the Certificates a per cent., while
Turkish bonsolides improved I. Other stocks in
this department closed at yesterday's prices.
Hudson's Bay shares were dull at 17* to 18 ex
div. ; Egyptian Trading steady at 2a to 21 prem.,
and Joint Stock Discount rather firmer, at 2* to
24 prem. Continental Union Gas, Electric Tele-
graph, Ottoman Financial, and Universal Marine
Insurance shares were all firm.

The closing (but in some cases merely nominal)
quotations for shares in new undertakings an
snbrined, International Land Credit, 21
toprem. ; Jfillwall Iron Works, par to } prem.ltalian Land, par to i prem. ; York-street Fla:
Spinning, 1 to I prem. ; Ebbw Vale Company,
1 to 2 prem.; and Halcomb and Co., 1 to 2 prem.

MINES.-(THIS DAY.)

Two o'CLocz.

The mining market is very quiet to-day, and
few variations are reported in quotations. Whoa!
Seton and Great Vor shares are flat, and have de-
clined ; the former are now quoted 2171 to 2221, and
the latter 291 to 301. East Caradon are also lower,
at 29 to l. West Seton are called 195 to 200 ; West
Chiverton, 70 to 72 ; East Cana Brea, 71 to ; East
Lovell, 16 to 17 ; East Grenville, 5 to being
firm ; Marke Valley, 41 to ; and North Crafty,
41 to .
Forelign and colonial mining shares are in-
active and quotations unaltered.
.

The prospectus is issued of South Lovell Mine,
in 2,000 shares of 21. each. The property is situated
near Helston, Cornwall, a district which has made
very large returns of tin, and it is in the same
channel of ground and adjoins East Lovell. The
latter mine, upon an outlay of 21. 13s. tid., has
paid 30s. per share in dividends, and the shares are
now quoted 161. 108. to 171. It is stated that the
lodes of other well known mines also ruu through
the sett, and that nothing but the erection of
machinery is required to make profitable returns.
The following telegram was received yesterday
from the agent of East Wheal Grenville :—" Sixty-
five west lode four feet wide, producing seven tons
of copper ore per fathom, looking splendid."

COMMERCIAL AND MARKETS.

TALLOW MARKET.—(THIS DAY.)
The market i• quiet ; prime are quoted as follows :
Town tallow, 39e. ; Petersburg Y.C., on the spot. 41s. ;
July to September. 40s. 9d. ; October to December.
43e. 6d. to 43e. 3d. ; December, 435. 9d. to 441.

)(MIKE? AVIRAGEB. —Town tallow, 41s. 6d. ; fat
tall
ditto. 21. Od. ; 7ellow Romano. 42.. 6d. ; malted s
31i. 6d. ; rough ditto, 17s. 6d. ; tallow 'graves, 180. ; good
drop, 10.

SMITHFIELD HAY MARKET.—ITHIS DAY.)
Maim Hervey and Easton report trade firm ; good bay
in demand. Prime meadow bay, The. to 80e. ; superior
ditto, 84a to 93a. ; new ditto, Ma. to 714 Bd. ; Mover, old.
90e. to 112 L lid. ; straw. 250. to SOL

COVENT GARDEN.-(THIS DAY.)

-
Outdoor produce continues 'headset. Cherries and
strawberries are plentifuL Of grapes end pine apples there
is also a good supply, sod black, red, and white currants
are sufficient for the demand. Arrivehi of foreign
goods this week comprise apricots, which are abuedant,
and cheap Eoclish peas are now plentiful. Lisbon potatoes
are now nearly superseded by samples of home growth.
Asparagus fetches from 41. to 7s. a bundle. Flower
chiefly consist of orchids, heaths, pansies, pelargoniums.
mignonette, and roses.