The Express.
London, England, 1864-03-30 00:00:00

MONEY MARKET,--(THIS' DAY.)

Two o'Cuxx.

In the Stock Exchange to-day attention is almost
wholly monopolised with the adjustment of the
fortnightly account, and the variations in prices
have been unusually limited. The funds are un-
altered. One or two of the principal speculative
foreign stocks have slightly receded. Home railways
are firm.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Renter were quoted
65fr. 80c., being 1 per cent. better than yesterday.
Consols are now quoted 914 to for money, and
914 to 1 for the account (April 8). The
official business report is as follows :—Three
per Cent. Consols, for money, 91e, ;
ditto for account, 911, ; Three per Cents,
Reduced, 891, ; New Three per ,Cents., 891, 1 ;
fndia Stock, 218 ; ditto Five per Cent. Stock,
1044 ; ditto Four per Cent. Debentures, 1866, 991,
4 ; and Exchequer Bills, 3e., Bs. dis.
Mexican Bonds are to per cent, lower, at
441 to 45, and Spanish Passive 4 lower, at 351 to
36. Greek Bonds are firm, at 231 to 24, and
Turkish Consolid4s at 531 to '64. The
Confederate Loan is quoted 51 to 54.
Transactions are recorded as follows :—Dutch Two-
and-a-Half per Cents.,644; Egyptian, 1001, ex div. ;
Greek, 24, 234 ; ditto Coupons, 114 ; Italian, 664,
67 ; Mexican, 44}; ditto, for account, 441, 45 ;
Portuguese, 1856, Am., 481 ; ditto scrip, 4, 4 prem.;
Russian, 1862, 911 ; Spanish, 334 ; ditto, New De-
ferred, 461 ; ditto Passive, 351 ; ditto for account,
36, 1 ; Turkish, 1854, 934 ; ditto, 1862, 711, 2 ;
ditto, for account, 72 ; ditto 1001. Bonds, 72, 74 ;
ditto Guaranteed, 100.

International Financial shares are now quoted 61
to 7 prem., ex div. ; General Credit, 41 to Ij prem. ;
London Financial, Ilg to I, ex div. and ex new ;
Hudson's Bay, 181 to 19 ; Egyptian Trading, 34
to prem. ; Credit Mobilier, 34 to 4 prem. ;
Imperial Financial, 51 to 1 prem. ; Credit
Foncier (Great Britain and Ireland), 41 to 51
prem. ; Central Argentine Railway, par to 4 ;
City Offices Company, 24 to 3 pram. ;
Smith, Knight, and Co., 11 to 21 prem. ; Queens-
land Sheep, die to par ; National Marine, 4 to
1 prem.

The discount market yesterday was decidedly
tight, owing to the large payments of revenue into
the Bank of England. In Lombard-street and else-
where 6 per cent. was charged on choice bills,
and at the Bank discount office the applications
were large. In the Stock Exchange, short loans on
English government securities were in much re-
quest at 6 per cent., some considerable amounts
being withdrawn from that establishment by
bankers and others, and this at a time when there
is a considerable demand for money for the share
and foreign stock settlement.

In consequence of the delay in the formal swept-
ante of the Mexican crown by the Archduke Maxi-
milian, the meeting of Mexican bondholders,
invited by Mr. James Capel for to-day ffednesday),
at the London Tavern, has been postponed until
Monday.

As some uncertainty seems to prevail with re-
gard to the operation of the sinking fund ou the
4th emission of Turkish Oonsolides (being the
description now currently dealt in here), it may be
useful to mention that the drawing is fixed to take
place in Constantinople on the 13th of April, and
that the payment of the drawn bonds, as well as of
the dividend, commences one month afterwards—
i.e., on the 13th May. As regards all the emis-
sions of Consolidifs, the imperial decree fixes the
drawing one month previous to the day of pay-
ment. Thus the bonds of the Ist, 2nd, and 3rd
emissions were drawn on the 13th February, and
paid on the 13th March. The half-yearly dividend
on the 4th emission represents, we believe,
375,0001., and the sinking fund 250,001.11.

About .60,0001. in gold, chiefly French coin, was
withdrawn from the Bank yesterday for exportation.
The inquiry for abroad continues strong, and the
supply just brought by the Mexican packet, in-
cluding about 300,0001. in American eagles, is ex-
pected to be all purchased for the Continent.
The Royal Mail Steam Company's vessel Atrato,
from the West Indies, has brought 797,500/. in
specie, of which 582,500/. is silver and 215,0001.
gold. Of the silver about 200,0001. is suitable for
transmission to India, while the residue will have
to be refined.

Yesterday afternoon there was a good demand for
bills on the Continent,and the tendency of the rates
was unfavourable. Subjoined is our usual list.
Arnistssdarri, 3 soonilm, 11.181 to 191 ; ditto, 3 days'
11.16 to 1; Rotterdam, 3 maths, 11.19 to 1 ; Ant-
werp, 3 mouths. 25.55 to 60; Hamburg, ma. ammo, 3
months, 13.71 to 8 ; Paris, 3 days, 25.15 to 25 ; ditto, 3
months, 25.55 to 60 ,• Frankfort-on-thrllaine, 3 months,
1191 to 1; Bt. Potershurg (per rouble), 3 months, 33 to 1;
Vienna, it 60., 3 mouths, 12.10 to 20 ; Trieste, as. 60., 3
mooths, 12.10 to 20 ; M d, 3 months, 48 to 1 ; Cadiz, 3
months, 471 to 48; Leghorn, 3 month., 26.70 to 75;
Oleos, 3 months, 25.70 to 75 ; Milan, 3 months, 26.70
to 75 ; Naples, 3 mood's, 25.70 to 75 ; Palermo. 3
months, 25.70 to 75 ; Mashie, 3 m00th5,25.70 to 75 ;
Lisboa. 50 days, 521 to ; Oporto, 90 days. 521 to 1.
The subjoined are later telegrams (received by
Mr. Reuter) from Bombay and Calcutta. At the
former port the exchange is quoted the same as
reported yesterday, but at Calcutta there is a
movement of 1 to 1i per cent. in favour of
England :
BOMBAY, MARCH 14.—Exchange on Loadoo, first-class
credits, 2s. 2d. Money very tight. Discount 15 per mot.
CA LCCITA MARCH IL —Exthaoge on Loudon, 2s. lid.

The Stock Exchange Committee has appointed
Monday next a special settling day in the shares of
the Gellivara Company (Limited) and the British
and Californian Banking Company (Limited), both',
of which are to be officially marked.
The prospectus of the European Central Rail-
way Company (Limited) has been issued under
the auspicesof the Financial Corporation (Limited).
The capital is 1,400,0001. with a first issue of
700,0001., in 17,500 shares of 401., or 1,000 franca
each. Theremaining 700,0001. is to be raised here-
after in shares, bonds, or obligations, " as may be
deemed advisable." The object is to construct a
railway from Cbiasso to Biasca in the Canton of
Twain, Switzerland, with the design of extending
the line to Lucerne, by the Alpine Pass of the St.
Gotbard. or to Coire by the Pass of the Luckma-
nier. The prospectus explains that "the whole
north and centre of Europe are intersected by'
railways, uniting France, Belgium, Holland,
Prussia, Russia, North and South Germany, .ec.
and this vast system terminates southwards at two
points in Switzerland, at Lucerne and at Coire. In
Southern Europe, another vast network of railways
spreads throughout Italy. but ceases northwards at
Como, near Cbiasso, and at the Lake Maggiore."
The present undertaking is consequently put for-
ward as "the first link for connecting the north
with the south of Europe, and affording the shortest
and rucedconveniest route between England and
India, China, Australia, &c." The works on theline
from Chiaamo to Biasca were commenced on the
18th of January, in the presence of government,
officials,and it is mentioned that " Responsible con-
tractors have undertaken to construct and com-
plete the line for a sum within the amount of
capital." The direction is very respectable, com-
prising the following names, viz.:—Colonel Sykes,
M.P. (chairman), Mr. H. D. Cartwright. late
chairman at Bombay of the Commercial Bank of
India, and of the Great Indian Peninsular Railway
Company, Mr. Sheriff Cave, Mr. S. H. Godefroi (of
Demattos and Godefroi), Mr. R. F. Gower, of
Great Cumberland street, Mr. G. F. Holroyd, a
director of the Mercantile Credit Association, Mr.
John Wm. Maclure, of Manchester, Mr. Thomas
Pemberton, a director of the Birmingham Banking
Company, r. Wm. H. Petit Jean, of Manchester,
Mr. J. L. Propert, of New Cavendish street, Mr.
P. G. Van der Byl, of Upper Hyde-park-gardens,
and Mr. Cornelius Walford, a director of the Finan-
cial Corporation.
Another new project was issued yesterday called

the West Worthing Investment Company (Limited).
the proposed capital of which is 250,0u0/., in 10,00411
shares of 251. each, with a first issue of 6,00,-
shares, or 150,0001. The object is to purchase
from the Heene Estate Land Company (Limited)/
and to . adapt to building purposes, 100 acres el
freehold land, adjoining the western part of the
town of Worthing, and possessing a frontage to Use
sea of nearly one mile. It is pointed out that " tbs
site of the company's property offers the monk
advantageous direction in which this rising tow*
can be extended." The plans proposed are doscribei
as follows :
On the sea frontage it is proposed to erect fiat-claes
deems, hieing inclosed law= sad an esplanade of near*
one mile in length ; behind these there will be enclose"
recreation which, from their sheltered situation, wig
be mutable for invalids and children. The vs-
* of the land will be available for the erection ei
hotels, detached residences, shops, and other DOCNIIIII7
buildings. Salt water for baths will be laid on to each pn-
vMe residence, a oxivesiismos unknown at any other water-
ifg place ; and the property will he drained by a comprehen-
sive system of sewerage.
. . .

Special privileges are to be accorded to sharebol lets.
The direction is composed as follows, viz..—Mr.
George Battcoek, and Mr. James Burchell, both
directors of the Mutual Life Assurance Compan
Mr. Charles Cleve, of New Broad-street ; Mr. EL
Harwood Harwood, of Cleveland-square ; and Mr.
Richard Spooner, l..te Commissioner of Custom.' at
Bombay. _ .

At an extraordinary meeting of the lonian Etank
held yesterday, it was resolved to increase the
capital by 1110,0001., in 6,000 shares of 251. each,
one-half to be issued to the existing shareholder;
and the other half to the public.

The certificates for the new shams of the Bank et
Hindustan, China, and Japan, will be ready far
delivery to-morrow.
The letters of regret of the Fore-street Warebousw
Company (Limited) were distributed yesterday
morning.

Subjoined are the quotations of insurance, gm,
dock, and other shares, as given in the btock
Exchange list of had evening :
lasuranos.—Alliance British sad Foreigo, 161;
13 ; Oominercialj Unioa, 9j, 1, ax div. ; Guardian, 511;
Losidoe, 481 ; North British aad Mercantile (Limited).
191, en div. ; Sun Life, 70; names and Mersey Marine
(Limited), 61, 4. en div. ;'Universal Marine (Limited), Ea
Gaslight and Coke.—liskia, 10 per Cent. Pretereoes
(Limited), 22; Commercial. 474, 8; European, 131 ;
ditto New, ; Impanel, 831, 8, as April div. ; Imperial
Omitiosotal, 871, 7 ; London, 884 ; Surrey Caesurae%
18 ; United General, 44, 31 ; Westminster Chartered.
div. ; Western, 171.
Docks —Feet and West India, 1411 ; Victoria, 100±. 100.
Waterworks —Berhn, 8E; Fest Leaden, 132; Dent.
1284, _

anal.—Grand Junction, 75,
The letters from Calcutta and China by the
Memageries Imperials steamer are expected to be
distributed in Loudon about the sth of April.
At the pending settlement in shares and foreign
stocks, the rates of "continuation" have been
generally moderate, and have not reached heavy
proportions even on securities of an essentially
speculative character. The following shore{ the
terms current yesterday :
Groot Wsstars
Loacashire sod Yorkohtrs
Loudon sad North Waiters—
Midlsod
South Wasters

Caladonian
Great Northern
Ditto A
Chatham and Dover
SYotroothop&Molitan n
3-1 } bac6k
ow
Sheffield a
North Eastern : Berwick -16
Ditto York b

3.16
1-16
9d.
Erie L.
Illinois Cipotral le. 61. coat.
Luxembourg 5
Sambre
General Credit
Iludeou's Bey

Norte &itiah
Groat Eaters
Graod 'trunk of Canaan
Gnat Wottorn of

Confederate Loan
Greek

Ditto Coupost
Granada Deterred

even
1-16
Even
9d.
1-16

Maximo
SPlgh Pt!sive

to 516 coot

'Ditto ditto Istorual
Ditto Cortificatas
Turkish Caosolidis
Vatting', 1862

to g • •
to 7-16 „

to i
to
to to
to :1-16
to met
to 5.16 coat
to ••
to 7-It.

to
to 5-16
to
to 1-16 „
to 1,. 3.1
to 6d. book.
to lllp.c. Coot.
to 100. c. Coot.
to 1.. ..
to 16. 6d. „
to 1.16 „
to 1
to 3.16 „
to
to 1-16 „
to ..
to 3-16 ,„

to 34
to 3
to 4 99

TCXBDAY 1:110111110
Consols, which closed on Saturday 91j,
"sellers," for the Bth of April, were fin it marked
to-day 91g, and closed at 91 to For money
the last price was 91i to fr. The official business
report is as follows :—Tbree per Cent. Console, foe
money, 914, g, ; ditto, for account, 914 4, # ;
Three per ents. Reduced, 89i, 4 ; New Three
per Cents., 895, g, ; India Stock, 21S„ 2194 ;
ditto Five per Cent. Stook, 1041, 4, ; ditto Bonds,
36., Bs., dia. ; Five per Cent. " enfaced" rupee
paper, 103 ; ditto Five-and-a-Half per Coot., 112.
The India Five per Cent. Stock wa,
India Bonds and Exchequer Bills were b. ,to dealt
in at Bs. to 3s. die.

In the foreign stock market the settleniezt occu-
pied chief attention.
The demand for bank shares continues, and the
oourse of prices is still upwards. Au improvement
has taken place to-day in Agra, Alliance, English
and Swedish, European. Bank of Hindustan, Im-
perial, London and Brazilian, London Joil.t Stock,
London and Hamburg, and Metropolitan and Pro-
vincial. On the other hand, Chartered Lank of
India, Australia, and China, Euglish and Irish,
Merchant, and Oriental Bank snares have re-
ceded. Anglo-Austrian Bank shares were in .remand
on foreign account, and have riven to 9-lei I.,rein.,
" buyers." Hinben's Bay shares were isto.tly at
18} to 19. and Ezyptian Trading firm at to 3i
pram. National Discount old shares have riven 10s.
There were also inquiries for Copper Miners of
England preference. littera/lonia' Roy 41 Mail
Steam were rather flatter.

The shares of the financial companies to-day
were very steady. As regards Imperial Financial,
Credit Mobilier, and Credit Foucier, the tendeucy
of prices was upwards. The closing quotations
are annexed, viz. :—luternational, 6/ to 7 prem.,
ex dir. ; General Credit, 41 tot prem. ; Loudon
Finsucisl, 111 to / prem. ; Imperial Financial, :V
prem. ; Mercantile Credit, 71 to 81 prein. ;
Credit Mobilier, 31 to / prem. ; Credit Rainier,
to 5} prem.; and Financial Corporation, 21 to
31 prem.
The clueing (but in some cases merely nominal)
quotations for shares in new undertakings are
subjoined, viz. :—Land Securities, 14 to 2
prem. ; Consolidated Discount, 1 ills. to
par ; Financial Discount, Ito 2 prem. ; National
Provincial Marine. Ito 1 prem. ; Central Argen-
tine Railway, } to 1 prem.; Mexican Bank, 1 to /.
prem. ; Fore-street Warehouse, 4 to 41 prem. ;
London Commercial Hotel, Ito 1 prem. ; Silver's
Indiarubber Work,, 1 to prem.; London an./
Californian Bank, 11 to 2 prem.; Smith, Knight,
and Co., 13 to 21 prem.; Queensland Sheep, I die.
to par ; Mauritius Credit Fonder, } did. to I
prem; Gellivara, par to 1 prem.; Ottoman
Financial, par to 1 prem. ; and City Offices,
21 to 3 prem.
The Atlantic and Great Western Railway 2n3
Mortgage Bonds have been dealt in to-day fro=
2 to 4 prem.

MINES.-(THIS DAY.)

Two o'Cumic.

The mining market is quiet to-day, and prieea
generally are unaltered. East Caradon shares are
rather firmer at 31 to while Wheal Seton have
declined to 190 to 193. Wheal Grenville are quote,'
81 to 1; Great Vor' 371 to 38 ; Wentworth Consols,
17 to 18; Clifford Amalgamated, 34 to 37 ; sod
Sithney Metal, 5 to In the Stock Exchange,
East Carn Brea shares have been dealt in at 6j.
Foreign and coloniAl milling shares are steady,
at previous quotations. Cape Copper are firm.
We are requested to state that the share list o
the Hosea Grande Gold Mining Company will be
closed on the 7th proximo. Mr. Herbert Hardie,
of MaLchester, has joined the direction of this
company.