The Express.
London, England, 1864-03-25 00:00:00

MONEY MARKET.-(TEIS DAY.)

To-day being Good Friday, and a general
holiday, the Stook Exchange was closed in every
department.

The Bank of France yesterday reduced its
rate of discount for bills to six per cent. The
rate fur advances on securities, however, will re-
main at seven per oent.
Owing to the approaching holidays, and to the
period of the quarter, there was a very heavy de-
mand yesterday, partly for '
advances' at the Bank of
England discount office • and this circumstance,
combined with the renewal of the demand for gold
for exportation, doubtless contributed to the reso-
lution of the directors yesterday to keep their rate
at seven per cent., in face of the reduction just
made by the Ben of France and of the increase Li
the resources of our Bank, as shown by' ast night's
return. In the ganeral market the terms for good
bills remain at bite 6 per cent.
In the Stock Exchange yesterday there was a very
active demand for loans at 6 per oent. ou English
government securities.
. .

- •
Simultaneously with the return of the whole of
the deposits on the Bolivian Government Loan it
is intimated that "arrangements are now being
made for the re-issue of the loan within a fortnight."

The fortnightly settlement in shares and fo;eign
stocks will commence on Tuesday, and terminate ou
Thursday.
On 'Change yesterday afternoon there was a good
demand for bills ou the continent, but the rates
were not materially different from those current on
Tuesday. Subjoined is our usual list :
Amsterdam, 3 months, 11.19 to ; ditto, 3 days'
ILI6 to 17; Rotterdam, 3 months, 11.191 to 1 ; Ant-
werp. 3 months, 25.60 to 65; Hamburg, ma. troop, 3
maths, 13.71 to 8 ; Paris, 3 days,' 25.15 to 25 ; ditto, 3
mouths, 25.571 to 65 ; Frankfort-on-the-Maine, 3 months,
1191 to 1; S4Peawsburg (per rouble), 3 months, 331 to 1 ;
Vienna, of 60., 3 months, 12.10 to 15 ; Trieste, Mi. 60., 3
months, 12.10 to 15 ; Madrid, 3 months, 481 to 1 ; Cadiz. 3
mouths, 471 to 48 ; Leghorn, 3 months, 26.75 to 80 ;
Gases, 3 mouths, 23.75 to 80 ; Milan, 3 months, 25.75
to 80 ; Naples, 3 months, 25.73 to SO ; Palermo. 3
months, 25.75 to 80 ; Messina, 3 mouths, 25.75 to SO ;
Lisbon. 30 days, 521 to 1 ; Oporto, 90 days, 521 to 1.
At Paris the rate of discount in the open market
is now 5 per cent. ; Vienna, 6 ; Hamburg and Ber-
lin, 4 ; Turin, 64 ; Frankfort., 3 ; Amsterdam, 5 ;
Brussels, 4}; and St. Petersburg, Si percent.
The first annual meeting of the shareholders of
the Imperial Ottoman Bank is convened for the
15th June, at the London Tavern, to receive the
accounts or the year ending the 31st December,
and to declare a dividend. A minimum holding of
30 shares qualifies shareholders to be present.
The North Eastern Railway traffic return shows
this week an increase of 4,864/. over last year ; the
Lancashire and Yorkshire an increase of 4,710/. ;
the Manchester, Sheffield, and Lincolnahire,an in-
crease of 6,316/. ; and the Midland an increase of
9,7501.

The South Eastern Banking Company have
taken suitable premises at No. 12, Fenchurch-
street, as their London office, and will commence
business at the different branches to-morrow, the
26th instant, viz. :--anildford, Farnham, Chidal-
ming, Epsom, Aldershott, Chertsey, and Egham.
Arrangements are being made for opening other
branches in the counties of Surrey, Kent, Sussex.
and Hampshire.
It is intimated that the Albion Bank (Limited)
has purchased the old-established banking business
of Messrs. Challis and Son, of Smithfield and the
Metropolitan Cattle Market, and that the active
partner will become the managing director of the
new bank.

The half-yearly interest due the Ist April on the
debentures of the Trust and Agency Company of
Australasia (Limited) is advertised for payment in
due course.

The closing (but in some cases merely nominal)
quotations for shares in new undertakings aro
subjoined, viz. :—Land Securities, If to 2
prem. ; Consolidated Discount, 1 dis. to
par ; Financial Discount, Ito 2 prem. ; National
Provincial Marine, Ito 1 prem. ; Central Argen-
tine Railway, to prem.; Mexican Bank, par to
Iprem. ; West of England Woollen, to 14 prem.;
Warrant Banking, par to 1 prem. ; Fore-street
Warehouse, sto prem. ; London Commercial
Hotel, to prem. ; Dutch Tramway, Ito 1}
prem. ; City Offices, 3 to 3} prem. ; British
Columbia and Vancouver Investment, 1 to 1
prem. ; Silver's Indiarubber Works, to 11 Prem.;
London and Californian Bank, 11 to 2 prem.;
Ottoman Financial, dis. to f prem. ; Bonelli's
Telegraph, to 1 prem. ; and Smith, Knight, and
Co., 21 to 21 prem.