The Express.
London, England, 1863-01-03 00:00:00

MONEY ZARSET.-(THIS DAY.)

Two o'CLoci.

The funds to-day are firm, at yesterday's
prices. Consols for money are quoted a trifle
better. Attention is now directed to the coming
settlement. In the railway market business
is circumscribed, but the tendency of prices is
favourable, particularly as regards Great Northern
stock. Foreign securities continue to meet with a
good deal of attention.
At Paris, this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes opened at
70fr. 35c., being 4 per cent. better than yesterday.
Consols are now quoted 924 to 4, ex die,
both for money and the Bth instant. The
official business report is as follows :-Three
per Cent. Console, for money, 924, 4, fs
ex div. ; Tbree per Cents. Reduced, 924, 4 ;
New Three per Cents., 924, 4, 4,1; Red Sea Tele-
graph, 22, 2116.16 ; India Stock, abut ; ditto Five
per Cent. Stock, 1084, ; ditto Bonds, 28a.,
255. prem. ; Four per Cent. "enlaced" rupee paper,
964; and Exchequer Bills, Bs., 12s. prem.
Turkish stocks are rather lower. The loan of
1864 is quoted 84 to 85 ; that of 1868, 714 to 4 ;
that of 1862, 68 to 4, ex div. ; and the Conso-
lids* 404 to 4. Greek, Mexican, and Spanish
Passive Bonds are dull, and Euyptian, New Grans-
dian, and Spanish Certificates firmer. Italian Fire
per Cents. have improved. Venezuelan scrip
is quoted 14 to 14 dis. ; Portuguese, 3 to
prem., ex div. ; and Peruvian 891 to 4, ex div.
Transactions are recorded as follows :-Brazilian,
1852, 1858, 1860, 934, ; Buenos Ayres, 1001.
bonds, 1001 ; Egyptian, 934 ; ditto second issue,
941 ; Greek, 161 ; Italian, for account, 70, 4,
ex div. ; Mexican, for account, 32, 31f ;
New Granada, 274 ; ditto, ex overdue
coupons and Hectares, 124, I ; Peruvian,
1862, 894, ex div. ; Portuguese, 1862,
47, ft,ex div. ; Russian, 1850,931, ex div.; ditto, 1862,
96f, 4 ; Spanish New Deferred, for account, 464,
ex div. ; ditto Passive, 231, 4 ; ditto Certificates,
94, 4 ; Turkish, 1858, 714 ; ditto for account, 714 ;
ditto 1001. Bonds, 731 ; ditto, 1862, 68, ex
div. ; ditto for account, 684, 4, 88, ex div.
The mails from Calcutta, China, and Australia
have reached Jubal, and are expected in London
about the 15th instant

HALF-PART Two o'Csoci.
Consols are without change, at 921 to I, ex div.,
both for money and the account.

About 45,000 sovereigns were withdrawn from
the Bank yesterday fur transmission to the East.
The White Star has arrived from Syney with
20,000 sovereigns.
The Pera will convey to-morrow 182,5171. for
the East, of which 92,507/. is gold, and the rest
silver. Subjoined are the particulars, viz—for
Alexandria, gold, 65,6001. ; Ceylon, gold, 20,0001. ;
Madras, gold, 6,9071., and silver, 5,0001.; Calcutta,
' silver, 63,1001.; Penang, silver, 7501. Singapore,
silver, 1,5451.; Hong Kong, silver, 18,5151. ; Foo-
choo-foo, silver, 30a; and for Shanghae, silver,
8001. The corresponding steamer, on the 20th ult.,
took 251,5401., so that the present remittances show
a decline.
There was no alteration yesterday afternoon in the
foreign exchanges, with the exception of a further
decided movement in favour of Austria. The rates
were as follows :
Amsterdam, 3 months, 11.161 to 17 ; ditto, 3 days,
ILI4 to 15; Rotterdam, 3 moths, ILI6I to 17 ; Ant.
weep, 3 months, 25.40 to 5 ; Hamburg, ins. bum, three
months, 13.61 to 1 ; Park, 3 days, 25.15 to 221; ditto,
3 months, 25.40 to 5 ; Frankfort-ou-therldaine,3 months,
1181 to 119 ; Petersburg (per rouble), 3 months, 35 to ;
Vienna, ed. So., 3 mouths IL6O to 65 ; Trieste, of. 80.,
3 months, 11.60 to 65 ; Madrid, 3 mouths, 491 to 1; Oadis,
3 months, 49 to ; Leghorn, 3 mouths, 25.55 to 60 ;
Genoa, 3 months, 23.55 to 60 ; Milan, 3 months, 25.55
to 60 ; Naples, 3 mouths, 25.55 to 60 ; Palermo, 3 mouths,
1191 to 1; liewina, 3 mouths, 1191 to 1; Lisbon, 90 days,
621t03; °Pod*, 90 dais, 581 to 53.
—Tie subjoined shows the rates of discount now
current on the continent, viz. :—At Paris, 3i per
cent. ; Vienna and St, Petersburg, 5 ; Amsterdam
and Namburg, 4 ; Turin, 44; Berlin, 34 ; Brussels,
3 ; and Frankfort., 2} per cent.
The directors of the Union' Bank of Australia
have resolved upon a dividend at the rate of 8 per
cent. for the peat half-year.
An adjourned meeting of the India Freehold
Land, Colonization, Trust, and Agency Association
took place yesterday, to receive the declaration of the
ballot with reference to the passing of the directors'
report. After a long and angry discussion it was
announced by the chairman that the voting showed
a majority against the directors-1. e , against the
adoption of the report. Under these circumstances
they would take time to consider the course to be
pursued.
It is announced that the London and Brazilian
Bank, being now in active operation, is prepared
to receive money on deposit.
The Caledonian Railway traffic return shows this
week an increase of 4351.
The receipts of the Grand Trunk Railway of Canada
for the week ending the 13th December were 21,3481.
sterling, being 3,5671. more than in the correspond-
ing week of last year.
The firm of Mr. Louis Cohen, of the Stock Ex-
change, will be carried on in future under the style
of Louis Cohen and Sons, Messrs. Henry Louis
Cohen, Lionel Louis Cohen, and Alfred Louis
Cohen having been taken into partnership by their
father. - - _ _

-------
The reconstruction of the firm of Frith, Sands,
and Co., well known merchants in the East India
trade, has been announced. The Messrs. Wallace
continue business in London under the firm of
" Wallace Brother.," in connection with Wallace
and Co., of Bombay, and Messrs. Frith and Sands
also continue business together under the firm of
Frith, Sands, and Ca
The Glencoe has arrived from China with
966,5001bn. of tea ; the Neptune with 572,014 lbs.
of tea and 364 bales of silk ; and the Pegasus with
520,071 lbs. of tea and 1,186 bales of silk.

FRIDAY EVENING.

Consols, which closed yesterday at 92f, ex div.,
for the Bth inst., opened this morning at 92k,
"sellers," and closed at 921 to I. For money the
last price was 924, and for the sth February, 921
to 1. The official business report is as follows :
Three per Cent. Conaola, for money, 921, 4, ex
div. ; ditto for account (Jan. 8), 92f, 1, ex div. ;
Three per Cents. Reduced, 92k, I ; New Three per
Ceuta., 921, 1 • Thirty Years Annuities, 1885, 154 ;
Bank Stock, 234 ; India Stock, shut ; ditto Five
per Cent. Stock, 1081 4 • ditto Bonds, 265. prem. ;
Four per Cent. "engeed" rupee paper, 96, 4.
The India Five per Cent. Stock improved 1,
closing firmly at 1084 to I, ex div. India Bonds
were quoted 20a. to 295. prem. ; and Exchequer
Bills, Bs. to 12s. prem.
' Iu the foreign stock market the amount of busi-
ness was again considerable. Russian securities
retain an upward tendency.
In the market for bank shares there was an
improvement in Chartered Mercantile Bank of India,
London and South Africa, and Union Bank of
London. Agra Bank were quoted rather lower.
There were inquiries for National Discount and Rio
Improvements paid-up shares.
Ocean Marine shares closed to-day at 54 to 64
prem. ; Thames and Mersey, 2f to f prem.; Uni-
versal, 14 to 14 dia. ; North British and Mercan-
tile, 154 to i ; Commercial Union, 1 to 4 prem.
cum div. ; and Loudon and Provincial Marine, 4
din to par.
The closing quotations for shares in new under-
takings were as follows :—London and Northern
Bank, par to 1 prem. ; English and Irish Bank,
1 dis. to 1 prem. ; Bank of &Undo, Punjaub, and
Delhi, par to f prem. ; Bristol and South Wales
Zinc Smelting, I to i prem. ; Sooidtd Financihre
of Eqpt, ito i prem. ; London, Birmingham,
and South Staffordshire Bank, par to 1 prem.;
Anglo-Portugneee Bank, f to 4 prem. ; Oil Wells
of Canada, Ito 1 prem. ; and Midland Counties
Union Bank, 1 to 1 prem.