The Express.
London, England, 1864-08-23 00:00:00

I MONEY MARKET.-(THIS DAL)

Two o'OLocw.
The stock and share markets opened flatly this
morning, but are now somewhat better. The
operations, however, are still upon a very
restrictive scale, and the variations is
prices generally are unimportant Console are
quoted the same as yesterday, and only a few
movements have occurred in foreign stocks and
British railway securities. Confederate Bonds aro
in renewed request.

There is a very slight demand for money to-
day, while the supply is large. The rate for first
class three months' bills is still 74 to 1 per cent.
In] the Stock Exchange the charge for short loans
is unaltered, at 3to 4. The belief is stronger that
• reduction in the Bank minimum will soon take
place.
At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Rents, opened at
66fr. 35c., being the same as yesterday.
Consols are now quoted at 881 to 89 for
money, and 893 to 1 for the account (Sep-
tember 8). The official' burliness; report is
as follows:—Three per Cent. Consols, for money,
89, 881 ; ditto, for account, 891, 4 ; Three per Cents.
Reduced, 881, 4, 1 ; New Three per Cents.,
881, 1, 4 ; Bank Stock, 244 ; India Stock,
213; ditto Five per Cent. stock, 103/, 1044 ;
Exchequer Bills, March, 235., 15e. dis. ; ditto
June, 15s. die.
The foreign stock market is rather firmer. Con-
federate Bonds are in demand, and have risen lf per
cent. Spanish Passive and Mexican have also
advanced 4. Some of the present quotations
are as follows :—Turkish, 1858, 72 to ; ditto
1862, 691 to 701 ; Consolides, 504 to 4 ;
Greek, 231 to 4 ; Spanish Passive, 304 to 4 ; Con-
federate, 78 to 79 ; and Mexican, 284 to 4. Trans-
actions are recorded as follows :—Dutch Two-and-a-
Half per Cents., 611 ; Egyptian, 102 ; ditto, second
issue, 1024 ; Italian (Maremmana Railway), 71 ;
Mexican, for account, 284 ; ditto 1864, 254,
28 ; Portuguese, 1856, ire., for account,
474, 4 ; Russian, 1859, 541 • ditto 1862,
88, 874 ; Spanish New Deferred, for ac-
count, 434 ; ditto Passive, for account, 304, 1 ;
ditto, Certificates, for account, 121, 13 ; Turkish,
1862, for account, 691, 704.
International Financial shares are now quoted
44 to i prem. ; General Credit, 21 to 4 prem. ;
London Financial, 91 to 101 prem. ; Imperial Mer-
cantile, 34 to f prem. ; Hudson's Bay, 164 to ;
Anglo-Egyptian Bank, 21 to 3 prem. ; Aberaman.
Iron Works, par to 1 prem. ; and Imperial Mexican
Railway, 4 to 4 prem.
No bullion transactions occurred at the Bank
yeeterciay. The 103,0001. Australian gold by the
True Briton has yet to be dealt with.
The French mail steamer Tampico, which has
reached St. Nazaire from Mexico, has brought only
about 2,000/. in specie. It appears that, owing to
excessive rain, the roads in Mexico had become
almost impsiesible, and the coaducta, with about
800,0001. in specie, did not therefore reach Vera
Cruz in time to catch the Tampico. Intelligence
has now been received, however, of the arrival of
this large amount at Vera Crur, and it is expected
to come forward by the next English packet, doe
at Southampton towards the end of the month.
The aggregate in gold and silver by this oppor-
tunity may exceed 1,000,0001. sterling
i .
The silver market s firm, at sa. 14d. per
ounce. The next outward Bombay steamers front
Southampton and Marseilles will probably take
over 500,0001.
The stoppage is announced of Messrs. Woodward
and Podmore, wholesale sugar dealers, with liabi-
lities for about 40,0001. The liquidation, it is
thought, will show a favourable result. The house
has occupied • respectable position.
Tenders are again invited for 270,0001. debentures
for the colony of Queensland, the government
having reduced the previous limit.
The London, Brighton, and South Coast Railway
traffic return shows this week an increase of 911 L.

The list for applimtions for shares in the Impe-
rial Mexican Railway Company will be closed to-
morrow, the 24th inst.
The dividend is advertised of the Turkish Biz pee
Cent. Loan of 1858.

MOIMAT EVII7IIO.

In the discount market the demand continues
light, and the rates for short paper remain at 71 tes
4 per cent. At the Bank little business his been,
done, and there appears to be some expectation
that a reduction in the minimum will take plate
this week. The present drain of bullion, how-
ever, for the east, in exchange for cotton, is likely
to continue on a large scale, hence no permanent
ease in the money market is looked for. On the
Stock Exchange the supply remains superabundant,
and the quotation for loans from day to day is
nominally S to 4 per cent.
Consols were first quoted this morning at 891 to
for the account ; receded to 894, "sellers ;" and.
left off at 891 to 4. For money, the last price was
881 to 89. The official business report is se
follows :—Thres per Cent. Consols, for mosey, 891,,
4, 884, 894 ; ditto, for account, 894, 4,4; Three
per Cents. Reduced, 884, 4,4, 4, 1 ; New Three
per Cents., 881, 4, 1 ; Annuities, 1886, 144, 4, 4
Bank Stock, 242; ludia Stock, 213, 210 ; ditto
Fire per Cent. Stock, 1044, 104 ; ditto Four per
Cent., 99 ; ditto Bonds, 16s. din. ; India Five
per Cents. have been slightly affected by the flat-
ness of the funds. The opening price was 1034 to
1044, but a decline subsequently took place to 1034
to 104. Exchequer Bills closed at 26e. to lbs.
din:Noma.
The shame of the financial companies were firm
at the opening, but gave way towards the close.
International left off at 41 to 4 prem. ; General
Credit, 24 to 4 prem. ; London Financial, 94 to 104-
prem. ; and Imperial Mercantile Credit, 31 to I
prem.
In joint-stock bank shares a decline took place in
Alliance, Bank of Egypt, Continental, Imperial of
China,Londou Chartered of Australia, and Standard
of South Africa, and an improvement in Brazilian
and Portuguese and London and Westminster. Im-
perial Ottoman left off at 17 to 4.
Miscellaneous descriptions have been rather
flat, a reduction especially occurring in Con-
tinental Union Gas, Credit Foncier, Credit
Millwall Ironworks, and Nova Scotia
Gold. On the other hand Thames and Mersey
Insurance and Italian Irrigation bonds im-
proved, and Joint Stock Discount were firm.
Hudson's Bar shares opened at 10 to 4, and closed
at 161 to f. Egyptian Trading left off at 11 to
prem., and Booed G6ndrale de 1' Empire Ottoman,
nto prem.
The closing (but in some eases merely nominal)
quotations for shares in new undertakings arc
subjoined, viz. :—Anglo-Egyptian Bank, 24 to /
prem. ; Ebbw Vale Company, Idia to 4 prem. ;
Humber Ironworks, 24 to 11 dia. ; Aberumsa
Ironworks, par to 1 prem.; Imperial Mexican
Ito 1 prem.; and Hewett and Co., 1 to 11
prem.
There was again no alteration in colonial
verument securities.