The Express.
London, England, 1864-06-11 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'OLooz.

The eta* markets to-day are dull, owing to the
continued absence of fresh buyers. Notwith-
standing the very inanimate state of business,
however, prices generally are fairly supported, the
only instance of decline being in Spanish Passive
Bonds. The funds remain at yesterday's quota-
tions.

There is a good demand for money to-day, at
6i per cent; for good bills, but the supply is plen-
tiful.

At Paris to-day, according to Mr. Reuter's
telegram, the Three per Cont. Rentee opened at
87fr., being sc. lower than yesterday.
Consols are now quoted 90} to k, ex div., for
money, and 8011 to a, ex div., for the account
(July 8). The official business report is as follows
Three per Cent. Consols, for money, 90a, ; ditto
for account, 901 ; Three per Centa. Reduced,
89} ; New Three per Cents., 89*, ; India Five
per Cent. Stock, 104 a, a, a ; ditto Four per Cent.
Debentures, 1868, 981 ; ditto Bonds, 10s. di a. ;
Five-and-Half per Cent. "enlaced " rupee psper,
114 a, 115 ; Exchequer Bills, March, 10a., sa. dia. ;
ditto June, 5.. dia.

Spanish Passive Bonds have fallen per cent.,
being now quoted 321 to 1. Spanish Certificates,
after improving, have relapsed. Other foreign
'stocks are steady. Mexican Bonds are
quoted 441 to 7 ; Greek, 241 to 1 ; Turkiah Con.
solid6s, 481 to 1 ; and Confederate, 641 to 651.
Transactions are recorded as follows :—Egyp-
tian, ; Greek, for account, 241, 1 ; Italian,
for account, 691, ; Mexican, for account,
441, ; Moorish, 931 ; Peruvian, 1862, for account,
861, 1; Portuguese, 1856, tkc., for account, 481,
; Russian, 1862, 87 ; Spanish New Deferred,
for account, op, ; ditto Passive, for
account, 321 ; ditto Certificates, for ac-
count, 10/, I; Swedish scrip, 31 prem. ;
Turkish, 1858, 1001. Bonds, 731 ; ditto 1862,
for account, 711, 1 ; ditto 1001. Bonds, 711, 1 ;
ditto, Guaranteed, 100 ; Venezuela, 1864, scrip,
61 dia.

International Financial shares are now quoted 53
to 6 prem. ; General Credit, 34 to prem. ; London
Financial, 12 to prem. ; Mercantile Credit, 84
to I prem. ; tluchion's Bay, 184 to 194; Imperial
Financial, 24 to it prem. ; Millwall Ironworks,
to prem. ; and Imperial Bank of China,
to dia.

The steamer Delhi will take to-morrow 64,578/.
in gold, and 18,4601. in silver for Bombay.

RALF-pun Two oTtiocc

Consols are now dull at 90 to ex div. for
money, and 9011 to ex div. for the Bth of July.
The amount of gold withdrawn from the Bank
yesterday for export was 14,0001. The recent ar-
rivals from America and Australia have also been
bought for the continent.
The foreign exchanges yesterday afternoon pre-
sented little alteration. The rates were as follows :
Amsterdam, 3 moors, 12.01 to 1 ; ditto, 3 days,
11.171 to 181 ; Rotterdam, 3 moors, 12.01 to 1 ; Ant-
wary, 3 mouths, 25.621 to 71; Hamburg, ma. bare, 3
moors, 13.81 to 9 ; Paris, 3 days, 25.221 to 321; ditto, 3
months, 25.60 to 65 ; Frarfortee-rerilame, 4 mouths,
1191 to 198. St. Petersburg (per rouble), 3 months, 321 to ;
Viers, mt. 80., 3 months, 11821 to 71; Priest) eff. 3
months,
moo 11.821 to 71; Madrid, 3 mouths, 48 to ; Cadiz. 3
months, 48 to 1 ; Leghorn, 3 mouths, 25.0 to 75 ;
Gros, 3 motes, 25.70 to 75 ; Milan, 3 mouths,
25.75 to 80 ; Naples, 3 mouths, 25.75 to 80 ; Palermo,
3 mouths, 25.75 to 80 ; Memoir, 3 works, 25.75 to 80 ;
Lieber, 90 days, 511 to 52 ; Oporto, 90 days, 511 to 52.
At Paris the rate of discount in the open market
is 31 per cent.; Amsterdam and St. Petersburg, 5 ;
Berlin and Brussels, 41 ; Vienna, 6 ; Hamburg,
; Turin, 6} ; and Frankfort, 31 per cent.
We are glad to learn that a resolution affirming
the propriety of joint action between the holders
of Spanish Passive Bonds and Certificates was
unanimously passed by the Committee of Spanish
Certificate holders on Thursday. Their action in
this sense has been taken, we believe, at the invita-
tion of an Influential deputation of Passive holders
recently arrived in London from Paris. It may
be hoped, therefore, in the interest of both classes
of holders, that the great desideratum has now
been secured, of united'aotion between the creditors
in Paris and London, with the common object of
bringing the dishonest government of Spain to
book. One prime condition of the understanding
now arrived at will, of course, be, that neither of
the three great markets at present shut against new
Bpaniah seourities—viz., those of Paris, Amster-
dam, and London—shall be opened until the claims
of both the Passive and Certificate holders shall
have been arranged. It has always been a weak
point in the position, though not in the justice of
the case, of the Certificate holders, that the Spa-
nish government had the power, by arranging with
the Passive bondholders, of getting the Paris
Bourse opened, in which case the holders of Corti.
fiestas would doubtless have been neglected for
an indefinite period. This error in the tactics
of the defrauded creditors of Spain is
now rectified, to the proportionate strength-
ening of the position of both classes of holders.
We believe it is as yet undecided whether a sepa-
rate committee of Passive holders shall be formed
in London, upon the basis of a common and har-
monious action with the committee of Certificate
holders, or whether the latter committee shall be
entrusted with the care of the interests of the
Passive debt. This, however, is merely a matter
of detail. Mr. Capel, hitherto chairman of the
committee of Certificate holders, has, we believe,
resigned, and it is said that Mr. Robertson, M.P.,
will be solicited to take Mr. Capers place. After his
Laborious exertions in connexion with the settlement
of the debts of Buenos Ayres and Mexico, it will
be a sacrifice on Mr. Robertson's part to undertake
the fresh task now apparently sought to be imposed
upon him ; yet there can be little doubt that he
will be found now, as ever, prepared to support to
the utmost the just rights of British creditors.
Two successive special meetings of proprietors of
the National Bank will be held on the sth and 6th
July, to alter the day for the annual meeting, and
to authorise the directors to circulate in July each
year the profit and loss and other accounts of the
company up to the 30th of June.
The enamel meeting of proprietors of the
Union Bank of London is convened for the 13th of
July, and will be made special "to consider the
rOgety a
1. toin47o6ol,ng the, bye ptihtale creation the bank
k 2070
new shares, in accordance with the circular for-
warded to the proprietors on the 27th April last."
The half-yearly meeting of the shareholders of
the London Joint Stock Bank will take plane on
the 21st of July.

A special meeting of the Land Mortgage Bank of
India (limited) is called for the 17th instant, "to
authorise the company to exercise the powers given
by the act to joint stock companies, to make and
use one or more seals, to be used in such place or
place' as may be thought desirable in India."
A call of 31. is to be paid on the shares of the
Royal Sardinian Railway Company by the Ist of
July.
The 4th and last call of St is to be paid on the
new shares of the Chartered Bank of India, Aus-
tralia, and Chins by the 16th inst. The subscrip-
tion deed is to be signed, after the lodging of the
scrip, by the 23rd inst.
The fifth ordinary meeting of the Metropolitan
and Provincial Bank (Limited) will be held on the
19th July, to receive a report and statement of ao-
counts, and to declare a dividend. The dividend
will be payable to those shareholders whose names
are on the register on the 30th inst.
The transfer books of the Mercantile Credit As-
sociation and the Imperial Financial Company are
to be closed on the 18th inst., for the purpose of
carrying out the arrangement' for the amalgama-
tion.

FUMY VIM&
Console, which closed yesterday at 90# to I ex
dlr. for the Bth of July, were !narked to-day

90#, and closed at 901 to I. For money the last
price was 90i to I. The official business report
is as follows :—Three per Cent. for
money, 901„i 1 ; ditto for account, 90i ;
per Cents. Reduced, 891, #, ; New Three per
nte., 891, # ; Bank Stock, 237, 239 ; India
Stock, 716; ditto Five per Cent Stock, 1041, 104,
; ditto Four per Cent., 100; ditto Bonds, 10s.
dis ; Five per Cent. " enfaoed "rupee paper, 104;
ditto Five-and-a-Half per Cent., 115.
The India Five per Cent. Stock was steady.
India Bonds were firmer, and were purchased at
101. die. The' March Exchequer Bills remain at
Ils. to 6s. die., and the June at 58. dia. to par.
The scrip of the New Venezuela Loan has ex-
perienced a fresh decline of I per cent, and Mexicaa
Bonds showed dulness, closing 1 lower than yester-
day, but, with these exceptions, foreign stocks were
firm.