The Express.
London, England, 1864-05-16 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'Ozooz.

The stock markets to-day are firm, with a deci-
dedly favourable tendency, although attention is
dill almost completely occupied with the fortnightly
settlement, which will be completed to-morrow. The
English funds are quoted scarcely better than they
closed on Saturday, but several of the speculative
foreign stocks have improved, and stocks of two or
three of the leading home railways—especially Lan-
cashire and Yorkshire and Metropolitan—are ma-
terially better.

The discount market continues to present a quiet
appearance, with a large supply of money. The
rate for choice three months' bills is 81 per cent.
On the Stock Exchange there is little demand for
short loans on English government securities, and
the quotation is not higher than 5 per oent.
At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Renter opened at
166 fr. 90c., showing no change.
Consols are now quoted 91} to #, with div., for
money, and 90} to #, ex div., for the account
(June 8). The official business report is as foi-
-1 lows :—Three per Cent. Consols, for money,
91+, 3 ; ditto for account, 90} ; Three per Cents.
Reduced, 891, } ; New Three per Comte., 891, } ;
IncliaTive per Cent. Stock, 1051, 105 ; ditto Four
per Cent. Certificates, 99 ; ditto Four per Cent.
Debentures, 1866, 98; Five per Cent. " enfaced"
rupee piper, 1021, 1031; Exchequer Bills, March,
Ka, 10a. dis. ; ditto June, 4s dia.
Greek Bonds are in request, and have risen, being
last marked 24 for the new account (May,l3l).
Turkish Consolidds are better, at 481 to I ; and
Mexican firmer at 441 to 44. Confederate
Bonds are quoted 64 to 67 ;I and Spanish Passive,
34} to 35. Other foreign stocks are quiet.
Transactioea are recorded as follows : —Egyptian,
100} ; Greek, 23} ; ditto for account, 231, 24 ; ditto
Coupons, for account, 10} ; Mexican, 45,44# ; ditto
for account, 451; Peruvian, 1862, 841, 85} ; Russian,
1862, 86, ex div. ; Spanish Passive, for account,
341 ; Turkish, 1862, 71} ; Venezuela, 1862, 55/,
ex div.
International Financial shares are now
quoted 6/ to } prem. ; General Credit, 61
to # prem. ; Mercantile Credit, 101 to 11} ;
Hudson's Bay, 191 to# ; Credit Mobilier, 3} to 4}
poem. ; Imperial Financial, 4} to } prem. ; Credit
Foncier (Great Britain and Ireland), 51 to 1 prem. ;
City Offices Company, }to 1 prem.; International
Land Credit Company, 2} to # prem. ; Mill-
wall Ironworks, 1# t, prem. ; Scottish and
Universal Bank, 2} to 3 prem. ; Imperial Bank of
China, 11 to # prem. ; and Humber Iron Works,
} dia. to per.
Partly, perhaps, in connexion with the Stack
Exchange settlement, there was a fair demand on
Saturday at the Bank of England discount-office.
The general market, however, presents still stronger
indications of returning ease. The supply of
money has largely increased, and good bills were
placed on Saturday at 81 per cent., or below the
Bank of England minimum. In exceptional in-
stances choice bills, both of short and six months
date, were negotiated at 81. A considerable number
of Australian bills fall due to-day.
The annexed memorandum relating to the debt
of Venezuela was forwarded to the Stock Exchange
on Saturday by Messrs. Bering Brothers and Co. :
Venezuela Debt. —Maim Baring Brothers and Company's
assets is Varanasi% advise, we* dale Bth April, that
they ban received 53 par oust of the import duties for
about two weeks. From Costom-bones of La Guava,
8,981 41 dole. ; Puerto Cabello. 3.1.193 96 dole.-
42,175 37 doh. And under date 22nd April, further 00l-
lonises an advised for two weeks mon. From Custom-
house of la Guano, 9,061 61 del.. Puerto Cabello,
9,593 26 dela —18,635 07 dolt—Landon, May 14, 1864.
Gold to the amount of 84,0001. wan sent into the
Bank on Saturday, making • total of 234,0001.
since the date of the last return.
The prospectus of the Freehold and General
Investment Company (Limited) is issued. The
object is to purchase freehold or leasehold pro-
perty in London and its neighbourhood, sus-
ceptible of improvement and of adaptation to
first class houses, offices, and chambers. In the
first instance the company is to purchase certain
eligible properties at the West-end, and the vendors
take :a portion of the purchase money in partly
paid-up shares. Other arrangements of • similar
nature are in progress. The capital is 250,0001, in
10,000 shares of 251. each, with power to increase
to 1,000,000/., but the first issue is to be limited'
to 6,000 shares, and it is mentioned that subscrip-
tions for more than half of these have already been
promised. The chairman is Lord Nigel Kennedy,
and the second name on the board is that of
Viscount Malden.

A special meeting of the South Eastern Railway
Company is convened for the 2nd of June, to ap-
prove nine bills DOW pending in parliament, and
relating for the most part to extensions and amal-
gamations.
A special meeting of the Cbaring-cross Railway
Company is called for the lit of June, to approve two
bills now before parliament, one of which is "A
bill for making railways from Haverstock-hill,
Hampstead, to the Charing-cross Railway at Hun-
gerford, and to the site of the authorised Thames
embankment (north side), with branches to the
London and North Western and Metropolitan Rail.
ways, and for making new streets from Tottenham-
court-road to the Strand and the river Thames,
near the Charing-cross Railway, with a subway for
foot passengers under the Strand; and for other
purposes."

A general meeting of the Clyde Engineering and
Iron Shipbuilding Company (Limited) is called for
the 26th inst., when a resolution will be proposed
that the name of the company be changed to that of
the London and Glasgow Engineering and Iron
Ship-building Company (Limited).
Below we give the return of the Imperial Otto-
man Bank, as made np to the Slit of March :

Capital not called up P. 148,500,000
cuh at Constantinople 17,945,705.32 1 37.200400 20
lin the branches 19,251,944.28 f
Bills discounted, and other securities 128,775,813 1
Current and drawing &emulate of the Ira-
perMl Treennry
Carnet and drawing nenconts— &Wore
Advances on public securities and mm-
anodise 23,059,417
Bank premises and Immature 818,071 32
Sandmen 5,812,235 3

P. 505,982,165 z

000,00 u
Hunk notes in circulation P. 297,
,24/4?

Bills payable 69,417,251 25
Cermet sad draw* somata ei the
maid Treasury
Dressiim sad current smoonte—ereditors 51,309,572 29
Deposits for axed terms
Baadriss 24,192,011 7

P. 506,982,165 22
°ended ma hgraehig with the aroma*
MARQUIS Dl Puzrc.

E. Gi

The preparations on Saturday for the fort-
nightly settlement in shares and foreign stocks
indicate • considerable outstanding specnla-
Son for the rise, in consequence of which, com-
bined with the generally high value of money,
the rates of " continuation" on most classes
of securities have been the heaviest kcown for •
long time past. We give below a lint of the terms
quoted on a number of the principal securities
&My dealt in on speculation, but high though
these rates are, much higher have in extreme cases
been given :
Cheat Western
Lsseashirs sad Yarkrbire
Lesdos sad North Western
Nidlaad
lsetk Western
Csiedoolna
Greet Northern
Ditto A

to 1 coot.
to 90
to St
to .
to
to I ~..
to
to i ~