The Express.
London, England, 1864-04-29 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'CLooi.

Business in the stock markets to-day is inactive,
and the tone is dull, owing to the unsatisfactory
state of the Danish question, combined with the
high value of money at the settlement
now in course of completion. But although
the speculative foreign stocks have been
rather more offered to-day, prices is every depart-
ment of the Stock Exchange continued to show
much steadiness.

The English funds are dull, at the late reduc-
tion. There is still a demand for the shares of
some of the banks, including Alliance and London
Joint Stock.

At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Routes were quoted
66fr. 53c., being per cent. lower than yesterday.
Consols are now quoted 914 to for money, and
91# to for the account (May 5). The official
business report is as follows :—Three per Cent.
Consols, for money, 915, f ; ditto for account,
915, 4 ; Three per Cents. Reduced, 894 ; New
Three per Cents., 891, 4, 89, 1 ; Red
Sea Telegraph, 201 ; Bank Stock, 238, 239 ; India
Five per Cent. Stock, 105, 1041, 1055; Five per
Cent. "echoed" rupee paper, 1045 ; Exchequer
Bills, March, 6e. dia. ; ditto June, 95., 4s. dia.
Foreign stocks are dull ; but little reduction
has occurred in prices. Mexican Bonds are i per
cent. lower, at 45 tot. Greek are quoted 245 to
4; Spanish Passive, 355 to 36; Confederate,
59 to 61 ; and Turkish Consolides, 52# to #.
Transactions are recorded as follows :—Brazilian,
1852, 1858, 1860, 905, 895 ; Colombian Six per
Cents., 80 ; Greek, for account, 244, 4, 9 ;
ditto Coupons, for account, 114 ; Italian
(Maremmana Railway), 741 ; Mexican, 441 ;
ditto, for account, 45, 444, 454 ; Russian,
1850, 84 ; ditto 1862, 881 ; Spanish Passive, for
account, 35#, 4 ; Turkish, 1858, 68# ; ditto 1862,
715, 3 ; ditto for account, 72 ; ditto, 1001. Ronda,
72, 1, 71# ; Venezuela, 1862, 57#.
Mexican scrip ie quoted 4 din. to prem. ; Rus-
sian, If to I prem. ; Swedish, 4 to 1 prem., being
again higher ; and Venezuelan, 15 to 1 dia.

International Financial shares are now
quoted 61 to 7 prem. ; General Credit, 5/
to 61 prem. ; London Financial, 12 to 13 prem. ;
Hudson's Bay, 191 to • Mercantile Credit, 111
to 12 prem. ; Egyptian Trading, 3 to
prem. ; Credit Mobilier, nto 41. prem. ; Imperial
Financial, 51 to prem. ; Credit Foncier
(Great Britain and Ireland), 6 to prem. ;
City Offices Company, 11 to prem. ; Fore-
street Warehouse, 31 to 41 prem. ; International
Land Credit Company, 21 to 1 prem. ; Tele-
graph Construction and Maintenance, 1 to 11
prem. ; Millwall Ironworks, 21 to prem. ; Imperial
Bank of China (amended prospectus), 2 to
prem. ; Humber Iron Works, 11 to 21 prem. ;
and International Contract, 11 to 2 prem.

Form o'Coar.

Consols are fractionally better, at 911 to I for
money, and 91i exactly for the account. No gold
transactions are reported at the Bank.
The statement from the Continent, that Austria
and Prussia have refused the proposal for an ar-
mistice, is regarded as auguring ill for the result
of the pending oonferenoe of the Powers. This
view seems to be shared by the speculators on
the Paris Bourse. Added to this, the value of
money is maintained at a high point, and there has
been an exceptional pressure for loans in the
Stook Exchange in connexion with the settle-
ment in shares and foreign stocks. The speculative
"account " in many kinds of securities, such as
banking, financial, and miscelkneous shares, and
some railway stocks, including Metropolitan,
proves to be largely overbought, and on shares of
the former class rates equal to 20, 30, and 40 per
cent, per annum, or even more, have in some in-
stances been paid.
The demand at the Bank of England discount
office yesterday showed an increase, but there was
no pressure. The general market was moderately
active, and, though the supply of money was
adequate, good bills were not taken below 7 per
cent. I■ the Stock Exchange money was much
wanted in connexion with the settlement, but the
rates for loans from day to day on English govern-
ment securities did not exceed 4; to per cent.
The subjoined notifications, relating, respec-
tively, to the debts of Mexico, Venezuela, and
New Granada, were forwarded to the Stock Ex-
change yesterday by Messrs. Baring Brothers and
Co. :

Mexican Divideoda.—Messra. Buie' Brothers and Co.
have received by this mail on account of Mexican divi.
dends, 27,067.74 dole.
Venezuela Debt—Menem Baring Brothers and Co.'s
agents in Venezuela advise, under date 23rd March, that
they had received for 5f per cent. of the import duties
for abouttwo weeks—trom oustorn•house of Puerto Cabello,
10,545.74 dole. ; from costorn•house La Guayni, 30,444.37
dole. ; total, 40,990.11 dole.
New Granada Debt—Messrs. Baring Brothers and CO.
have received by this mail on amount of New Granada
dividends. From custom-hoes of itio Bache, 2781.
London. April 28, 1864.
The City of London, from New York, has
brought 164,0001. inspecie, being the largest re-
mittance from that quarter for some time past.
Including the 357,0001. by the Shannon, from the
West Indies, there is 521,0001. in gold to be dis-
posed of. The demand for the Continent is not
active.

The report of the directors of the Trust and
Agency Company of Australasia (Limited), to be pre-
sented at the annual meeting on the 9th May, de-
scribed a satisfactory increase in the company's
income. The net profit on the year has been
4,9271. A dividend of ls. 6d. per share, or 7e per
cent. free of income tax, making a total distribu-
tion on the year of nearly 104 per cent., is
recommended. The amount of loans on mortgage,
which was 39,2301. on the 31st December, 1862,
and 165,6321. at the end of 1863, is now 216,0001.
secured upon property valued at upwards of
520,0001.
A meeting of the shareholders in the Warrant
Banking Company is convened for Wednesday next,
for the purpose of confirming resolutions passed at
the meeting held on the 14th inst., whereby the
name of the company will be changed to that of the
Warrant Finance Company. It is the intention
of the directors to commence operations so soon as
the Board of Trade certificate is obtained, which is
expected about the end of the 'first week in May.
A special meeting of the West India and Pacific
Steamship Company (Limited) is called for the 11th
lof May, to confirm the resolutions passed on the
21st inst. The second call of 51. is to be paid by
the 26th May. It is at the same time intimated
that "the directors do not anticipate that any
further calls will be required during the current
year." . . . .

The first ordinary general meeting of the Brazi-
lian ►nd Portuguese Bank (Limited) is oonvened for
the 24th May.
The first ordinary general meeting of the
Mediterranean Hotel Company (Limited) is called
for the bth of May.
The letters of allotment of the Continental
Union Gas Company (Limited) were delivered yes-
terday.
We are requested to state that the share list of
the British and South American Steam Company
will be closed on Thursday next.
It is also intimated that the subscription list of
the Liverpool, Quebec, and Montreal Steam Ship
Company will be closed on Tuesday next.
It appears from the African Times that the Com-
pany of African Merchants are commencing bank-
ing operations at Sierra Leone. As their capital

offers a good security, a banking establishment at
Sierra Leone will, it is anticipated, become the
centre of the monetary transactions on the West
Coast from the Gambia to the Niger.
The return of the Bank of England for the week
endingWednesday,April 27, compared with that for
the previous week, shows the following changes :
Circulation issue
Circulation active— ...... 20,9813,235 De• rase 186,440
Public deposits 6,217,966 Incises* 430,636
Other deposits
Government seearities is

banking department 11,022,267 No thaw
OthnroecthiUm in blinking
department
Coin and bullion in both

--
departments
Raven day and other bale 528,367 Decreeee 2,741
The Rest 1,206,806 1 =case 11,506

Notes in reserve
Total reserve (notes k min
in banking department) . 6,261,541 Increase 9,914
Owing to the demand for money in commercial
circlea, the private deposits have fallen off to the
important extent of 1,064,0331., but this movement
has been neutralised by the increase in the govern-
ment deposits and by the decrease in the private
securities, the reattlt being that the reserve is almost
stationary. The bullion presents a further diminu-
tion, but not to any important extent.

WII OF ZNOLAND.—A• Ac
and dtti Vb.. C. ti. tar ids week

MUM NM
Kota lased £28,476,538 i

coma gostsseat to go Act 7th
coding cs WirdssisdaLApril 27,

/L 26.476,535

SAMILMO
Proprietors' Capital £14,6.4,000
Best
Public Deposita (in-
cluding Inciseq.,
Sm. Banks, Com-
mis. eg National
Debt. sad Div.
6,217.966
Otkketeff.liepodis
Omen day and other

137,126,176.

April 48, U.