The Express.
London, England, 1864-12-05 00:00:00

PROVINCIAL SHARE MARKETS.

LIMWOOL. Dm. I—London an I North Western, 11316 A.
—Manchester. Sheffield, and fineolnshlre, 661—Metropolitan,
Mg—Midland 1361—West Hartlepool A, 74—Preston and Wyre,
No. 1. 43—Dinch Rhenish. p.—Great Luxembourg shares,
11 16-16--11paalsh Passives, 834 4—Eastern Exchange Bank (Li-
mited), 6-16 d.—Mercantile and Exchange Bank Limited;, 13-16
d.—Arlon Marine; Limited!, 1 d.—rnlon Marine ILlmtWeD, ft
9-16 111-16 p —National Steam Limited), 81 1 11 1 d. —Conte6s-
rate Loan. OA
ILtffiffiffinffint, Die. 3.—Th• market bas been dull, but prices
are steady. Great Northern A. 16611—Hudson, Bay, 161 p.—
1111nole Central (paid ups, 614 1 1--John Brown and C,0., lei p.
—Lancashire and Yorknblre, London and North Western,
1161 —Manchester, Sheffield, and Lffimbiftrs. 664—Metropolltan,
1311 North Eastern, Berwicks, 11 Math Eastern, a
!Hawley Coal and Iron, New, 4 p.—Unlon Bank, 5 Ix—Lof=
and 011egostan Marine, par.

E►ei NORFOLK R►ILW►Y —Lord Suffield has
bum eleeled chairman ci thin company. Mr. J. Goodson,
et the Grist Eastern, bee been appointed deputy chairman.

MONEY MARKET.-(THIS DAY)

Two o'CLoac.

The stook markets to-day are rather fiat, owing
chiefly to the dulness of business. The specu-
lators seem to be little disposed to operate.
The English funds and a number of the
chief speculative foreign bonds, have declined A to
g. per cent. Some of the home railways are likewise
slightly lower. Banking and financial shares are
inanimate.

The discount market is quiet to-day, with a larger
supply of money. The rate for choice three
mouths' bills, however, is maintained at Gk to 7 per
cent.

At Paris to-day, according to Mr. Reuter's tele-
gram, the Three per Cent. Rentes were quoted
Mr. 80c., being 11 per cent. better than on Satur-
day.

Consols are now quoted 881 to 89, ex div., for
money, and 89 "sellers," the account (Dec. 8). The
official business report is as follows :—Three per
Cent. Consols, for money, 89, 1, 881, ; ditto
for account, 89, 4 ; Three per Cents.
Reduced, 884, 1 ; New Three per Cents., 88g, 4, ;
India Bonds, ss. prem. ; ditto Four per Cent. De-
bentures, 1866, 971, 98 ; Five-and-a-Half per
Cent. " enfaced " rupee paper, 109.
Foreign stocks, in some cases, are rather
flat, at a reduction of 1 to 4 per cent.
Venezuela Bonds, however, are improv-
ing. Some of the present quotations are as
follows, viz. :—Greek, 23 to 1 ; Mexican, 291 to
; Confederate, 59 to 61 ; Spanish Passive, 321
to 334 ; the Certificates, 15 to 4 ; Turkish
Bonds of 1858, 71 to 72 ; ditto 1862, 71
to ; and the Consolid6s, 40 to 1, ex div.
Transactions are recorded as follows :—Egyptian,
951, 4 ; ditto second issue, 94/ ; Italian, for account,
644 ; Mexican for account, 294, 4 ; New Granada,
12 ; Portuguese 1856, &c., for account, 474, 48 ;
Russian 1862, 87, 861; Spanish New Deferred,
414 ; ditto Passive, for account, 331, 321 ;
ditto Certificates, for account, 154, 1, 15 ; Turkish,
1858, for account, 714 ; ditto, 1862, for account,
711, 71 ; Venezuela 1862, for account, 511, 51 ;
ditto, 1864, 421, 43.

Egyptian Loan scrip is quoted I to i prem. ; Danu-
bian, I dis. to prem., being lower upon the allot-
ment ; and Atlantic and Great Western Railway
Debentures, dis. to par, being likewise lower.
International Financial distal; are now quoted
2I to I prem. ; London Financial, 91 to
prem. ; General Credit, 21 to 31 premium ;
Imperial and Mercantile Credit, 3 to I prem. ;
Hudson's Bay, to ; Ottoman Sociebf
Gfintrale, 21 to prem. ; and Anglo-Egyptian
Bark, i die. to par.
The magnitude of the imports of specie from
America and elsewhere, the large increase which
has latterly taken place in the bullion in the Bank of
France, and the improvement just reported in the
China exchanges, form reassuring features, as bearing
upon the prospects of the money market, and tend to
dissipate the apprehension that the Bank of Eng-
land may speedily find it necessary to return to
higher charges. On the other band, we must not
forget that the exchanges with the continent are
now at a level which allows gold to leave this
country for that quarter ; that the increased de.
mend for silver for India will probably of itself
necessitate our making continued remittances of
gold to the continent, where alone the requisite
supply of the former metal can be obtained ; that
large payments have yet to be made for cotton—
Egypt, in particular, preferring a considerable de-
mand, partly in payment for this staple, and partly
on account of the loan lately raised here ; and,
finally, that December—a month d;stinguished for
heavy payments into the Exchequer, and for a
general reluctanceon the part of holders of money
to employ it in long engagements—is not usually
a period when much ease prevails in the money
market.

About 50,000 sovereigns were withdrawn from
the Bank on Saturday for Alexandria.
The steamer Oneida has reached Southampton
from Brazil with 63,1421. in specie.
The steamer Masailia takes 114,3521. in specie
for the East, of which 16,8921. is gold and the rest
silver. The amount for China is 53,960/. ; for the
Straits, 33,500/. ; for India (Madras), 10,8921. ;
and for Alexandria, 16,0001.
. _

.„
The stoppage 11 announced of Messrs. Eyl,s,
Evans, and Co., of GO, Cannon-street West, an old
established and respectable house in the silk trade.
The liabilities are estimated at 200,0001. to 250,0001.,
and the assets are said to be considerable. The
books have been placed in the hands of Mr. W. J.
Wtite, the accouutant.
The report, of the directors of the Bank of British
North America, to be presented at the general
meeting to-morrow, states that the accounts
show a satisfactory increase of profit, and declares
the customary dividend of 3 per cent. for the half-
year, free of income-tax.
A special meeting of the London, Brighton, and
South Coast Railway Company is called for the 19th
instant, " for the purpose of considering and
sanctioning agreements for the amalgamation with
this company of the Banstead and Epsom Downs
Railway Company, the limbs= and Guildford
Direct Railway COM pang, the East rinstead, Groom-
bridge and Tunbridge-wells Railway Company, and
the Brighton, trcktield, and Tunbridge-wells Rail-
way Company."
The third instalment of 25 per cent. is to be
paid on the new ordinary stock of the Great
Northern Railway Company (issued at 125 per
cent.) by the 15th inst.
A general meeting of the Bahia Steam Naviga-
tion Company (Limited) is called for the lath inst.
The first ordinary general meeting of the Finan-
cial Corporation (Limited) is called for the 19th
inst., but will be merely pro forma, in accordance
with the articles of association. The accounts will
not be made up until the 31st of the present month;
they will then require to be audited, and another
meeting to receive them is proposed to be held early
in January.
The subscription of the Atlantic and Great
Western Railway was closed on Saturday afternoon,
and it appears that the applications are consider-
ably in excess of the amount required. The num-
ber of subscribers is as many as 720, mostly for
small amounts—a fact which ind;cates that a con-
siderable portion of this issue has been taken for in-
vestment.

Creditors of the London and Colonial Export Oil
and Provision Company (Limited) are required to
send the particulars of their claims to Mr. Hemming,
the official liquidator, by the 9th December, Vice-
Chancellor Kinderaley having appointed the 23rd
December for adjudicating upon them.
The Ranking Almanac and Directory for the
Tear 1868 [Groombridge and Sons], edited by Mr.
b. M. Evans, has just made its appearance, and
maintains its character in every respect as a valu-
able book of reference for bankers and for the
commercial public generally.

With reference to the prospects of the iron trade,
the circular of Messrs. Charles Ryland and Sons,
of Birmingham, ban the following :
The prospects of the iron trade ought to be is the ascen-
dant. The plans for 349 new railways were deposited at
the Board of Trade up to Wednesday night. The principal
development of the system will occur in Lancashue,
Cheshire, and Yorkshire, and the majority of the lines pro-
posed are breach or loop lines for short distances in memo-
lion. Mall of them, of course, are counter projects. nom
undertaken for Ireland are more numerous than usual, sal
manifestly beyond the means, if not the reluiremeota, of
that country. Them is one point satisfactory during the
lad six months—that although shares may have fallen,
traffics have certainly bees oe the increase, and railway pro-
perty his unquestionably attained to a greater Intrinsic
value. The time must come when, all possible loops and
lersuitthes having been made, engineers and lawyers will be
compelled to rest, sod the shareholders may be thankful in
the eoeireot of what thee most he a most advaetageous
yof the highroad. From India we learn that the
Malian all railways is already so large as to erased the pow-
ers of the companies in rolling stack to)nrry It. donthArce•

4:t,trre

rica is :ow ahout to avail herself of railways. A cor,:easion
for spending two tailbone and a half on a railway in the
Argentine Confederacy, from Concordia to Mercedes, elan
the river Uruguay, and between the Provinces of rniguay
and Brazil, has been brought over to a highly respectable
house in this (*natty.
With regard to the stocks of produce in the
bonded warehouses, the circular of 3feisnt. Joseph
Travers and Sons remarks as under

Subjoined is so account of the quantities of certain prin-
cipal articles of imported merchandise subject to omen)*
duties remaining iu the bonded warehouses of the United
Kingdom on the :;lst of October, 1664, compared with the
quantities in warehouses on the flit October, 1/4.2 and
1863 :

Remaining in the enat?m, War. hnises

Sl►t thlobcr.

18e. 1863.
Cocoa
Coffee)
Currants cat. ;191,378 387,8,5 31.:....63
/tablas cwt. '23,715 63,771 7.2,130
Pepper lb. 7,030,etrz 3,439.677 7,314.9:5Rum gals. 9,034,431 tk.250.306 .5.1.:13,t62
ltramly gab. '3,799,425 11,034,567 8,010,9811
Stn..o, retlne.l 'forela.n es t. 61.314 97.367 2:41,416
Ditto, buretlawl cst E. '-',316.057 3,007,331 4.184,,01
31.. lasses
Tea

w ..

..lb. 52,..C1,241 61..17.6,096
.gals. 11,292,290 12,1,8r.,141.1. 11,;1::,747

In 8 out of the 13 articles enumerated above an incised.
is shown in the amount of the stocks held compr.red with
the supplies at the corresponding date of lest year. Thew
are coffee, 16 per cent. ; raisins, 15 per cent. ; brandy, 65
per cent. • yenned sugar, 16t1 per mat. ; raw sugar, 1 i per
cent. ; tea, 4 per cent. ; tobacco. 14 per cent. ; and wine, a
percent. The artic!es of which the stocks show a decrease
are cocoa, 8i per cent.; currants. 18 per 000 t. ; pepper, 13
per cent.; rum. 11 per cent. f• and molasses,22 per cent..
Compared with the preceding month the totals cf the
present return stand as follows :

Itasis.. ,
Pepper..

Brandy.. .........
Sugar, ndlnr4 foreicti,
Ditto unrenutd
Nlolasses
Ted
Tobacco
Wine

.cwt.
gal*.

F..
.c.t.
cwt.
.cwt.

_ .
241,111
50,1.87
7,617,563
/5331+./.31

'LI .4.
141%999
. .

4:471 :hi:.
301.3/.:3
3,0210,144
1-1,9K2
L. 6.274,583
66,157,751

U.. 70

• L.;•1;i-
-2.5z.4:d
1L7,227
f./..550,41

14,6311,1172

1 i

Thus it appears tbkt dorms the month of October there
wee a farther accumulation in our stocks of currants, modes,
brandy, raw sugar, tee, tobacco, sad wine, ►nd a thminutios
in cocoa, coffee, pepper, rum, refined sugar, and molassee.

SATURDAY EVI3IIIII
Consols, which closed yesterday at 89/ to 1, ex
div., for next Thursday's settlement, opened Oda
morning at the same quotation, and closed at 891,
"buyer..." For money the last price was 89 to
ex die. The official business report is as fol-
lows :—Three per Cent. Consols, ?or money, 891,
89 ; ditto, for account, 89/ ; Three per Cents. Re-
duced, 881, ; New Three per Cents., 88/, 5 ; Bank
Stock, 2374 ; India Fire per Cent. Stock, 1034, ;
ditto Four per Cent. Debentures, 974.
The India Fire per Cent. Stock was steady.
Exchequer bills of both issues were quoted
Is. die. Last might's Gazette announces that the
interest on the June bills for the half-year to June,
1865, is increased from 34 to 4 per cent. per annum,
thus placing them on a par with the March bills.
In the foreign stock market there Was, a re-
newed demand for Spanish Passive Bonds and
Certificates, which closed at a rise of to per cent.
Danish Five per Cents. of 1864 improved 2 per
cent., Italian 1, and Greek, Mexican, and Turkish
Consolid6s 1. An improvement was also quoted in
some classes of Venezuela Bonds. New Granada
Two per Cents, have slightly declined.
Bank shares were dull. City Bank declined
about 21., sod a reduction was quoted in London,
Birmingham, and South Staffordshire, Laud Mort-
gage Bank of India, Scinde, Punjaub and Delhi,
and Provincial Banking Corporation.
Hudson's Bay shares were last quoted 164 to
being rather firmer; Egyptian Trading, / to 11
prem. ; National Discount, 109 to 11 prem.; an
Joint Stock Discount, to dis. Ocean Marine
Insurance shares have improved, while Thames and
Mersey Marine were rather fiat. Ottoman Soci6t6
ti4o4rale shares were last quoted 24 to 24 prem.
The shares of the financial companies were
steady. London Financial improved ss. The
closing quotations are annexed, viz.:—lnterna-
tional, 211 to 4 prem. ; General Credit, 25 to
31 prem. ; London f inancial, 95 to 10 prem. ;
Imperial Mercantile 'Credit, 35 to 4 prem. ; and
Credit Foncier and Mobilier, 34 to 9 prem.