The Express.
London, England, 1863-05-25 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'CLooi.

The stock markets to-day are steady. The funds
remain at Saturday's prices. In English railway
stocks an almost general improvement has occurred.
In the foreign stock market there is still a pause in
speculation, owing to the approach of Friday's
settlement. In a few cases speculative holders
have sold in order to escape the somewhat onerous
rates of "continuation" which are anticipated.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Renter opened at
69fr. 600., showing no change.

The scrip of the Confederate Loan has d6clined
to Ito Ok dia. Turkish is quoted Ito lk prem.
Consols are now quoted 934 to I, cunt div., for
money, and 921 to 4, ex div., for the account (June
9). The official business report is as follows :- 1
Three per Cent. Consols, for money, 93k, #, g, cum
div. ; ditto for account, 924 ex div. ; Three per
Cents. Reduced, 911; New Three per Cents., 911,
; Bank Stock, 235 ; India Five per Cent. stock,
110 k ; ditto Bonds, 125., 168., prem. ; Five-aud-
a-Half per Cent. " enfaced " rupee paper, 1154 ;
and Exchequer Bills, 45., 2s. die., par.
There has been an improvement to-day in Italian
Five per Cents. Greek Bonds also advanced in the
morning, being marked as high as 321, but the tone
is now less buoyant. Spanish Passive Bonds have
given way. Venezuela Six per Cents. are steady
at 564 to 4. The Turkish Loan of 1854 is quoted
88k to 89k ; that of 1858, 70k to 1, being slightly
better ; that of 1862, 714 to 1 ; and the Con-
solides, 501 to 51k, showing a fall of 4 per cent.
Transactions are recorded as follows :-Dutch Two-
and-a-Half per Cents., 654 ; ditto Certifi-
cates, 1001; Equador New Consolidated,
161 ; Greek, for account, 321, 4 ;
ditto Coupons, 141 ; Italian, for account,
72k ; ditto Maremmana Railway, 79 ; New
Granada Land Warrants (Hectares), 71 ;
Peruvian, 1862, for account, 884 ; Portu-
guese, 1856, 1857, 1859, 1860, and 1862,
491, ; Russian, 1859, 584, 69, ex div. ;
ditto, 1862, 924, ex div. ; Spanish New Deferred,
for account, 484 ; ditto Passive, 34k, 34; ditto
Certificate., 12 ; Turkish, 1864, for account, 89k ;
ditto, 1858, for account, 70k, 14 ; ditto 1001.
Bonds, 73 ; ditto 1862, for account, 711, 4, 3 ;
Venezuela, 1862, 564, 4, ex div.
International Financial shares are quiet, at 44
to 5 premium. General Credit and Finance are
rather lower, at 24 to 3 prem. London and
Financial, on the other hand, have risen to 14 to
11 prem.
The amount of specie brought by the City of
Manchester, from New York, is only 7001.
Subjoined is a statement (from Mr. Slattghter'si
Weekly List) of the railway calls falling due in the
month of June. The total is small.
Amount per Snare.
Dua'Alrerdy Number
Amin Jane, 1863. Date. Paid. Call. of Shama Amount.
Carnal. and 84noth
Bay, New 0124 Pref. 22 10 210 0 not known.
Kent Coast B 1 .. 210 0 10,260 mem
Mid Kent Pref. a. 3
San Paulo l6 8 'l2 0 0 not known.
Victoria Station and

µ paser cent. Prot... 50 2j 10 0 16,000 65,000
Wbhaven and Fur-
ness Junction, Pr. D 1 6 6 0 0 1,250 6,250

Total In Jane..

Total called In six mouths of 188 S

E 3.716,932

• Options l P
The directors of the regrianetnst i.i Tea Company
(Limited) have notified that, difficulties having
arisen as to the completion of the purchase of the
estates referred to in the proepectus of the Com-
pany, they have resolved to return the deposits in
full. At the same time it is intimated, that they
" hope still to make arrangements for the purchase
of the estates, which they are informed are more
extensive, by 2do acres of tea plant, than the
quantity originally stated in the prospectus, and
on which the purchase-money was calculated."

Mr. Philip Anstruther, the deputy-chairman of
the Bank of Egypt and Metropolitan and Pro-
vincial Bank, and who warn connected with various
other undertakings, died on Friday.
Mr. D. Davidson having resigned the manager-
ship of the British and American Exchange Bank,
from ill health, Mr. Skinner, who has had eighteen
years' experience in the Oriental Bank, during
the last six as manager at Bombay and other
branches, has been appointed to replace him ; and
proceeded on the 23rd instant to New York to
organise the agency of the British and American
Exchange Bank in that city, and to make other
arrangements for the commencement of business.
The prospectus of the Jersey Imperial Hotel
Company (Limited) is in circulation. The object
is to construct a first-class hotel at St. Helier's, a
llocality regarded as extremely eligible owing to
the attractivenature of the surrounding scenery and
the salubrity of the climate. The influx of visitors
is steadily increasing, and the hotel accommodation
is described as wholly inadequate. Amongst the
recommendations of the project, it is pointed out
that the cheapness of all supplies at Jersey will
admit of the tariff of charges being fixed 20 per
cent. lower than at similar hotels in England. A
beautiful site, comprising 7 acres of pleasure-
ground, bas been secured. The directors have re-
ceived a memorial in favour of the project, signed
by many of the leading residents. Five per cent.
interest is to be allowed up to the date of the open-
ing of the hotel. The capital is fixed at 40,0001. in
101. shares, and a considerable proportion has al-
ready been provided.
It appears that the Union Bank of England and
France have now accredited agents in nearly every
town and port in Europe, who are in daily commu-
nication with the London establishment. With a
view to the cashing of foreign coupons and to the
transaction of mercantile business generally, these
arrangements, if carefully effected, ought to be
both usetul and profitable.

A special meeting of the Grand Trunk Railway
Company of Canada has been convened for June 11,
" for the purpose of giving effect, if thought fit, to
the provisions of the 26th clause of the Grand
Trunk Arrangements Act, 1862, by giving power
to create and issue, or, as the case may be, re-issue
preference stock or bonds, as the case may be, in
respect, or in lieu of bonds or stock, or securities,
held by creditors of the company, instead of retain-
ing them for the purposes mentioned in that clause."
A dividend is announced as payable on Anglo-
Mexican Mint shares on the 2nd proximo.
An extraordinary meeting of the Electro Printing
Block Company (Limited) is called for the 30th
instant, to consider a proposal for a voluntary
winding up.
We are requested to state that, in consideration
of the number of shares already applied for, the
subscription list of the Public Works Credit ow-
pany (Limited) will be closed on Friday next for
London, and on Monday, the lit of June, for the
country and abroad.
A movement is in progress with the view to
estab:ish in London periodical sales of English
wool by public auction upon the plan now in suc-
cessful operation with regard to colonial wool. It
is urged that the present system of dealing in
English wool is too indirect and occupies too much
time. The proposal is pressed upon public atten-
tion by the highly respectable wool brokers'
firm of Bradbury and Cook. Reference is made to
a number of noblemen and gentlemen prominently
connected with the agricultural interest who have
promised to give the new plan all the support in
their power.
With reference to the coming Turkish budget,
the Levant Herald of the 13th inst. says :
The publication of the budget is now daily expected.
We have increased reason to believe that it will present a
very hopeful, and so far satisfactory, halftime-81mA of
revenue and expenditure, and thus largely justify the
growing confidence in the financial future of the
country. In the meantime, the official return. of the
Customs revenue of the *spiel sod its dependencies