The Express.
London, England, 1863-10-19 00:00:00

MONEY MARKET.--(TIII8 DAY.)

Two o'Olom

In the Stock Exchange speculative attention is
still almost exclusively dirccted to the foreign stock
market, where prices continuo to fluctuate, although
business generally has been scarcely so active as
of late. The principal feature is a decided rebound
in Greek Bonds consequent upon a number of
purchases to close previous speculative sales. The
English funds and home railway stocks are unal-
tered.

At Paris this morning, according to Mr. Reutet's
telegram, the Three per Cent. Rental were quoted
67fr. 36c., being fully b per cent. higher than on
Saturday. _ .

Console are now quoted 93 to for money,
and 9.31t0 2 for the account (Nov. 5). The
official business report is as follows:—Three per
Cent. Consols, for money, 93, 4 ; ditto for account,
932 ; Three per Cents. Reduced, 914, 4 ; New
Three per Cents., 912, 1 ; Thirty Years' Annuities,
1886, 141 ; Red Bea Telegraph, 21; India Stock,
224 ; ditto Five per Cent., Stock, 109, 2 ; ditto
Four per Cent., 1001 ; ditto Bonds, 195., 225.
prem. ; Five per Cent. "enlaced" rupee paper,
1074 ; ditto, Five.and-a-Half per Cent., 1162 ;
and Exchequer Bills, Is. prem.
Greek Bonds have experienced a rally of 12
per cent. to-slay. Spanish Passive Bonds
are likewise 4 to 2 per cent. better,
while Mexican have declined 2to j. Venezuela Six
per Cents., and Portuguese Bonds are rather
flat, and other foreign stocks steady. Some
of the present quotations are annexed :
Turkish 1834 Loan, 924 to 1; ditto, 1868,
704 to 4 ; ditto, 1862, 714 to 1, being 2 per cent.
better ; the Consolides, 63 to 4 ; Greek,
302 to 314 ; and Spanish Passive, 362 to 2.

Transactions are recorded as follows :—Brazilian,
1852, 1858, 1860, 911 ; Chilian Three per Cents.,
784 ; Egyptian, 1001, 101; Greek, for account, 30,
291, 314, 31 ; ditto Coupons, for account, 144, 4, ;
Italian,724; dittoMaremmana Railway, 814 ; Mexi-
can, for account, 411,42, 414 ; Peruvian, 1862, for
account, 83 ; Portuguese, 1853,f0r account, 49; ditto
1856, 1857, 1859, 1860, and 1862, for account,
481, 49 ; Russian, 1862, 934, 4 ; Spanish Passive,
for accaunt, 361, 4, 37, 361, 4 ; ditto, Certificates,
for account, 141, 4, ; Turkish, 1854, for account,
924, ex div. ; ditto, 1862, for account, 714 ; Vene-
zuela, 1862, for account, 611, 4.
The Confederate Loan is steady, at the improve.
ment of Saturday, the present quotation being
66 to 87. The Brazilian is rather lower, at
Ito 14 prem. The new Portuguese Loan is quoted
1 to 14 prem.

International Financial shares are slightly lower,
at 5 to frk prem.; General Credit and Finance,
at 24 to 24 prem. ; and London Finan-
cial, at 44 to 5 prem. Discount Corporation
are quoted 811 to 9 prem.—a fall of Pis, 6d. ;
Privileged Bank of Austria, 4 die. to 4
prem.—a fall of se. ; Anglo-Austrian Bank, par to
*prem.—a fall of 7s. 6d. (on the allotment) ; Mort-
gage Bank of India, 3k to prem.—a fall of ss. ;
Hudson's Bay, 14 to 1* dia. ; and Egyptian Trading,
14 to Si prem.
An occasional impulse is given to the shares
of one or other of the new undertakings lately
introduced, but at the moment attention is still
directed chief!, to the foreign stock market, where
prices are seriously prejudiced by the collapse of
the recent extensive speculation for higher
prices. In Greek Bonds the accounts of some
large operators have been sold out during the
last two or three days. In connexion with
these movements we are sorry to bear rumours,
which we hope will prove to be exag-
gerated, that defalcations have occurred outside
of the Stock Exchange, and that more than one
Stock Exchange firm is likely to be arraigned
before the committee upon a charge of infnugui4
the wholesome rule against dealing for clerks iu
mercantile establishments without the sanction of
their principals.
About 12,0001. in gold was bought by the Bank
on Saturday, and 40,000 sovereigns were with-
drawn for transmission abroad.
The China, from New York, has brought
54,0001. in specie.
We have received a copy of the prospectus of the
South Blackpool Hotel Company (Limited). This
undertaking is formed under respectable auspices,
with &capital of 50,C301. in 10,000 shares of 51. each,
• oonsiderable number of which have already been
subscribed for in the provinces. Blackpool is a fine
sea-bathing place, and bas beautiful sands, in
additionto the advantage of railway communication
with all the commerical towns of the north. For
the proposed new building an eligible piece of land
has beau secured, the payment for which is to be
partly in shares.
The share list of the Discount Corporation
(Limited) was closed on Saturday evening, with
applications representing an ascertained total of
145,000 shares. Assuming that the applica-
tions to be received 1 this morning's post,
together with those lodged at Liverpool on
Saturday, represent on y 5,000 shares addi-
tional, the aggregate becomes 150,000 shares.
representing 15,000,0001. of capital, while the first
issue to be allotted consists of only 10,000 shares,
or 1,000,0001. This result is certainly very remark.
able, especially considering that the listhas only been
kept open for six days. It is announced that, in addi-
tion to the business of Meseta. Bruce and Co.,which,
as alread y Mated, has been absorbed by this company,
arrangements have to-day been concluded for the
transfer to it of the old-established discount busi-
ness of Messrs. Weston and Laurie. It is under-
stood that the Discount Corporation will commence
business at the earliest possible date. The company
will deviate front the track pursued by other
discount associations, inasmuch as it proposes, we
believe, to open branches in some of the principal
seats of trade in the provinces, including Liverpool
and Manchester, as well as Glasgow, and perhaps
Dublin.

SATUMDAT EVEIMINI.

Consols, which closed yesterday at 93 to 1
for money, and 931 to 1 for the sth November,
were to-day unaltered at those quotations. The
official business report is as follows :—Three per
Cent. Console, for money, 93, 1 ; ditto
for account, 931 ; Three per Cents. Reduced,
911 ; New Three per Cents, 91k, ; Bank
Stock, 235 ; India Stock, 229 ; ditto Five per
Cent. Stock, 109/, 109 ; ditto Four per Cent. De-
bentures, 1864 or 1866, 1001 ; Five per Cent. "en-
(seed " rupee paper, 1071.
The India Five per Cent. Stock was in increased
demand. Exchequer Bills declined Is., closing at
Is. is. to 2e. prem.
The foreign stock market was heavy, particularly
in the afternoon.
Anglo-Austrian Bank shares were steady, at
prem., and Indian Laud Mortgage Bank at
to 3/ prem.
The shares of the London Financial Association
were in increased demand, and experienced a fresh
rise of 10s., clueing at 44 to 54 prem. LaternaVonal
Financial, on the other hand, were rather lower
at fit to prem., and General Credit at 21 to
prem. Hudson's Bay shares were dull at 11 to 11
dis.,.and Egyptian Trading steady at 11 to 2/ preen.
In the market for bank shares the variations to-
day were rather numerous. Bank of Otago, Bank
of Queensland, Bank of New Zealand, City,
Imperial, London and Buenos Ayres, London,
Birmingham and South Staffordshire, London
and Northern, Loudnu and South American,
London and Westminster, Mercantile and
Exchange, Metropolitan and Provincial, and
National Bank of Liverpool have all improved.
On the other hand, Bank of Egypt, Imperial
Ottoman, London Bank of Scotland, and English,
Belgian. and Netherlands Bank were flatter. Joint
Stock Discount shares were firm at 11 to 11 prem.,