The Express.
London, England, 1864-05-07 00:00:00

MONEY MARKET.,--(TB18 DA 1)

Two o'Cwcw.

The stook markets opened this morning with a
more favourable tendency, which WM maintained
for some time, prices in many instances improv-
ing. The demand for money continuing, specula-
tive realisations have since been renewed. Never-
theless, with the exception of the shares in some of
the new projects, which continue to show
heaviness, prices generally are quoted fully as
good as at the close of business yesterday. The
funds have risen i per cent., and several of the
speculative foreign stocks have slightly improved.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentes opened at
(kir. 40c., showing a reduction of sc. since yester
day.

Consols are now quoted 90/ to 1, with div., for
money, and 89/ to 90, ex div., for the account
(June 8). The official business report is as fol-1
lows :—Three per Cent. Consols, for money, 90/,
; ditto for account, 89k, 90 ; Three per Cents.
Reduced, 884, ; New Three per Cents., 884, ;
India live per Cent. Stock, 1041 ; Exchequer
March, 15a, Be. dia. ; ditto, June, Bs., 4s. die.
Foreign stocks are generally rather firmer, though
the best prices of the morning have not been main-
tained to the present hour. Mexican bonds have
risen per cent., being quoted 42/ to I. Spanish II
Passive are f better, at 334 to 34 ; Greek, 4 better
at 21 to ; and Turkish Consolides steady, at 494 to 1.
Transactions are recorded as follows :—Brazi-
lien, 1863, 85/ ; Dutch Two-and-a-Half per Cents.,
641 ; Egyptian, 100 ; ditto, second issue, 100/ ;
Greek, for account, 201, 21/ ; Italian,
I for account, 674, 661 ; ditto Maremmana
Railway, 73; Mexican, 42/ ; ditto, for account
421, 43 ; New Granada Two per Ceuta., 303 ;
Peruvian, 1862, for account, 85 ; Portuguese,
1856, &c., 474, 48 ; Russian, 1859, 531,
ex div. ; ditto, 1862, 851, 86, ex div. ;
Spanish, for account, 524 ; ditto Passive, for
account, 334, 1, 3 ; Turkish, 1854, for account, 88 ;
ditto, 1858, for account, 68 ; ditto, 1862, 74 ;
ditto, for account, 70 ; ditto, 1863, 67 ; Venezuela,
for account, 22/ ; ditto 1862, for account, 544, ex
div.

Russian scrip is quoted 1 to 11. prem ; Swedish,
to 1 prem. ; Mexican, par to prem. ; and Vene-
zuelan, it to If dig.
There is a good demand for money, for a Satur-
day, and the rates in the general market for first
clam bills are mostly above 9 per cent. A large
number of Indian and Brazilian drafts have be-
come due to day.

International Financial shares are now
quotect 5 to / prem. ; General Credit, 5
to 1 prem. ; Mercantile Credit, 14 to 11 ;
London Financial, 91 to 101 prem. ; Hudson's
Bay, 181 to 1; Egyptian Trading, 2} to 1
prem. ; Credit Mobilier, h to 1 prem. ; Imperial
Financial, 41 to 1 prem. ; Credit Foncier
(Great Britain and Ireland), 4to prem. ;
City Mons Company, 1 to 1 prem.; International
Land Credit Company, to 2 prem. ; Tele-
graph Construction and Maintenance, 11 to 11
prem. ; iiillwall Ironworks, # t 3 1 prem. ; Im-
perial Bank of China, 1 to 1 prem. ; Humber
Iron Works, to 11 prem. ; and Scottish and Uni-
versal Bank, 1 to 2 prem.

HALF-PAST Two o'CLocs.
Consols are firm at9o to I, with div., for money,
and 89f to 90, ex div., for the account.
About 63,0001. in gold, brought from New York
by the City of Glasgow, was sent into the Bank
yesterday. The Etna has just arrived from New
York with 274,000/.
Notwithstanding the high value of money, it is
said that the Brazil steamer, on the 9th instant,
will take a rather considerable amount of sore-

reigns.
The rates of discount now current on the conti-
nent in the open market are as follows :—Paris,
7 per cent. ; Vienna, 6 ; Hamburg, ; Frankfort,
4 ; and Amsterdam, Berlin, Brussels, and St.
Petersburg, s—being in every instance considerably
below the charges here.
A further general and rather important improve-
ment took place yesterday afternoon in the foreign
exchanges. The rates were as follows :
Amsterdam, 3 mouths, 12.01 to 11 ; ditto, 3 days,
11.111 to 181 ; Rotterdam, 3 swaths, 12.1 to 11; Am-
mon), 3 wombs. 25.75 to 80; Hamburg, ms. moo; 3
moths, 13.10 to 11: Paris, 3 days, 2.5.32 i to 421 ; •ditto, 3
months, 25.85 to 90 ; Prankfort-oo.tbe-Maiso, mootke,
1201 to 1201; Bt. Petersburg (per rouble),3 mouths, 221 to 1;
Tram. e 4!, do., 3 mouths, IL9O to 95 ; Trios* af. do., S
mouths, 11.90 to 95 ; Madrid, 3 months, 471 to 48 ; °dia. 3
mouths, 471 to 48 ; Leghorn, 3 mouths, 25.90 to Xs.oo ;
Geom. 3 mouths, 25.90 to 26.00 ; Mika, 3 mouths,
76.90 to 26.00 ; Naples, 3 moutba, 25. 90 to 26.00 ;
pakessek 3 months, 25.90 to 26.00 ; Meseiria, 3 rooatba,
25.90 to 26.00 ; lashes, 90 days, 511 to 1 ; Orono, 90
days, 511 to j.

The silver market is extremely fiat, and it is be-
lieved that, in the absence of demand for India,
the price for bare will descend to a sufficiently low
point to allow the supply by the last West India
packet to be taken for the continent. The high
value of money here, the knowledge that the Bom-
bay mint is largely over-supplied with silver and
the prevalence of the monsoon (during which the
rates of insurance on the transmission of silver
from this country to the East are considerably in-
creased), account for the present heaviness of this
metal. There is likewise no inquiry fur Mexican
dollars. These are favourable points as bearing
upon the future course of the money market.
It is announced that Lord Hobart and Mr. J.
Stewart have joined the direction of the Imperial
Ottoman Bank. It will be remembered that Lord
Hobart was sent with Mr. Foster to Turkey by the
British government on a financial mission about
two years ago.
The fourth call of 61. is to be paid on the shares
of the British and American Exchange Banking
Corporation (Limited) by the let of June. It is
intimated that "it is the intention of the board of
directors to make a fifth call of a per share after
the expiry of two months."
The prospectus of the Ceylon Coffee Estates
Company (Limited) has been issued. This com-
pany intends to purchase and work coffee planta-
tions in Ceylon, and has commenced by con-
' tracting with Messrs. David Wilson and John R.
I Worcester, of Cannon-street, for the purchase of
Ifive suitable estates in that colony. It is affirmed
that "the net income from such parts as are now
under cultivation would give a dividend of at least
10 per cent. upon the full sum of 60,0001., the
amount of the first issued capital." It is further
mentioned that "the Agra and United Service
Bank, in consideration of a lodgment of govern-
ment securities made by the vendors, guarantees to
the holders of the A' shares a dividend of 10 per
cent, per annum during the three years next after
the allotment of those shares." The capital is
120,0001., in 12,000 shares of 10!. each, of which
one-half are to be issued in the first instance.

At an extraordinary meeting of the shareholders
in the Buenos Ayres Great Southern Railway Com-
pany (Limited), held at the offices of the company,
yesterday, it was unanimously resolved to alter the
period for making talls from four to two months,
and a satisfactory explanation was given as to the
progress of the works.

The first ordinary general meeting of the London
and Caledonian Marine Insurance Company is
called for the 18th inst.

The annual meeting of proprietors of the National
Bank is oonvened for the 24th inst.
The share certificates of the Continental Union
Gas Company (Limited) are uow ready for de-
livery.
The OffiCell of the London Financial Association
will be at South Sea Rouse, on and after Monday
next.

We are requested to mention that the share list
of the Land Credit Company of Ire (Limited)

will be closed on Monday, the 9th instant, for Lou-
don • and on Wednesday, the 11th, for country ap-
plications.
The title of the " Railway Department " of the
Stock Exchange has been altered to that of the
" Share and Loan Department," owing to a large
increase of general business, chiefly consequent
upon the introduction of so many new under-
takings.
The Sydney and Cape wool at yesterday's sale
sold Id. per lb. higher than the prices paid at the
last March sales.

The mails from Calcutta, China, and Australia
are expected to be distributed in London about tin
13th inst.

INJDAT ZYMILIG.

Consols, which closed yesterday at 89J to / ex
div. for the Bth of June, closed to-day at the MUNI
quotation, after being dealt in between 891 and 90.
For money the last price was 90} to i with div.
The official business report is as follows :—Three
per Cent. Consols, for money, 9, +, f, j ; ditto
for account, 891, 90,iex div.' • Throe per Ceuta.
Reduced, 881, ; New Three per Cents., 88k,
• Now Five per Cents., 1873, 107 ; Annuities,
1886, 14 7-IG, ; India Stock, 219, 217 ; ditto
Five per Cent. stock, 10411, 1; ditto Bonds,
15s. dia.

The India Five per Cent. stock was rather mom
inquired for. India Bonds were purchased at
15a. dis. The Mara Exchequer Bills were dealt is
at 15a. to Bs. dis. ; and the June at 9s. to 4s. die

The foreign stock market showed renewed
heaviness, and the closing prices were generally
below those of yesterday.
A fresh decline, varying from ss. to 11. per Aar%
has taken place to-day in most of the bank shares.
Metropolitan and Provincial Bank declined 2f.
Standard Bank of Africa, London and Sou*
Western, Consolidated, and Mercantile and Ex-
change Bank shares, however, were firmer.
A further almost general decline has taken place
to-day in the shares of the financial companies. The
closing quotations are annexed, viz. :—lnterna.
tional, 54 to ; prem. ; General Credit, 54 to
prem. ; London Financial, 10 to i prem. ; Impe-
rial Financial, 4,i to I prem. ; Mercantile Credit,
10; to 114 prem. ; Credit Mobilier, 34 to 4 prem. ;
and Credit Fonder, 4 to 5 prem.
Hudson's Bay shares were again rather lower at
184 to ft ; Euptian Trading were steady at 2,1 to I
prem. Berlin Waterworks, Contract Corporatioa,
Crystal Palace, National Disoonnt,National Steam,
Ocean Marine, Ottoman Gas, and Sociiti Financier*
d'Egypte shares were all weaker. Nova Scotia
Land and Gold have improved.
The closing (but in some cases merely nominal)
quotations for shares in new undertakings are
subjoined, viz. ; —lnternational Land Credits
Ito II prem. ; City Offices, to 1 prem. ; Tida-
-1 graph Construction, to pron. ; Imperial
Bank of China, to 1 prem. ; Mrllwall Iroa
Works, 1 to 14 prem. ; Smith, Knight, sad
Co., Ito 174 prem. ; Fore-street Warehouse,
4 prem. ; Humber Iron Works, I to 1; prem. ;
Italian Credit, 1 to 2 prem. ; Land Credit of Ire-
land, to 1 prem. ; Newmarket Hotels, to 1
pram ; Albert Insurance, to I prem.
New Brunswick and Canada Government Defies-
turt were heavy.

MINEB.-(THIS DA YJ

Two o'Ciocx.

The amount of business doing in the mining
market is still very limited, and very few
variations have occurred to-day in prier&
Nangiles and Wheal Grenville shares have
raoeded • the former are now quoted 29 to 30,
and the latter, to 3. East Caradon are steady
at 291 to f, Great Vor at 31 to 32, and East
Lovell at 21 to 22.

Cape Copper and St. Jobe del Rey shares have
declined ; the former have bean dealt in ati 11
t
and the latter at 47 and 45. On the other
Yudanansutana are inquired for.
We are requested to state that the share list of
the East Wheal Vor Tin and Copper Mining Com-
pany will be closed on Wednesday, the 11 th inst.,
for town applicants, and on Thursday, the 12th,
for those from the country.
The subjoined weekly summary of the metal
market is extracted from the circular of Messrs.
Von Dadelszen and North :
There hie been increased date= is the metal market
during the pest week. The two rises in the rats of dies:mak
together with the uncertain state al moans, have pat a
complete check oz bosiaer for the present. Iron—W*4A
ban are dull, but without cheap in value. Rails mistinee
firm and in good demand. Staffordshire iron is steady.
Scotch pig iron has receded to 586.6 d. cosh, and 60a open.
Copper uncharged io price, but very fiat, eseced-head lots
still offering much under fixed rates. No business reported
in foreign. Tin—The smelters on the Sid reduced the wile
of English 4/. per ton, bat the market is still detilemmL
Foreign is lower. Sellers of Straits at 1081. No basin=
reported. Hance quite aominaL L Holland men Was
reputed at 674 8. Till plates in moderate demoted. Lied
steady. Spelter is dearer, and a geed deal dose up to
211. 10e. for May delivery, and 221. said to have bees peal
for August. Hull 'palter, 211. We.

COMMERCIAL AND MARKET&
LIVERPOOL COTTON MARKET.
(THIS DAY.)
till 61011110 AID 1:111111ZAIRMAL rersoserz.)
(moll On Owl 0032111111.011 DINT.)
The general tone of the market eeetinnet quiet bet
dandy, and the males will probably foot op about 6,000 We",
2,000 of which will be for speen4iiou or export.

TALLOW MARKET.--(rais DAY.)
The market is steady. Toss tallow is quoted, 395. to
tid.. net cash; Petersburg Y.C. on the spot, 415..
May and Vane, 41s. ; J WM. 41s. 6d. ; July to &Somber.
41s. 9d. to 425. ; October to Thwombar, 41a. 6d.
llaacre AI-LUGER. —Tows Milos, 41a. 6d. ; fat by ditto.
21. 01d. ; yellow Russian, es. 6d. ; molted sta. 31a. 6d. ;
rough ditto, 17a. 6d. ; tallow graves, 17a. ; good drags, Ti.

SMITHFIELD HAY MARSZT.-{THIS DAY.)

Messrs. Harvey and Baotou report, trod* at the
following voiced :—Prime meadow key. 75.. to 80a ; su-
perior ditto, 84a to WM ; inferior ditto, 80. to 7014;
clover, old, 90. to 113. 6d. ; straw, 284. to 33.

COVENT GARDEN.—(THIS DAY.)
Outdoor produce is now well samba. Basta& gramma
forced strawbrrim stdicioot rue ib. doomed. Of Mae.
&poles there is also • bettor supply. Apples, thing* mere%
way still be obtained. Oration are rain saute. Oast.
Dental arrivals cooties@ heavy ; mar UN= are listsassa,
endive, carrots, artichokes, redialms, aspersion, sad par.
Potatoes from Lisbon, of which orawiderable quantities
hare been imported, realise from :is. to 6s. per doses lb.
Oat-door mown asparagus (etches frees 3.. to 6s. a boodle.
Flowers cbiedy consul of tulips. anemias, orcbids, heaths,
pelargoniums, primroses, miguonotte, sad roma.

The Rev. J. Bateman has been appointed to the
isounitassey of Trinity Chucb, ; sad Bey. J.
Strickland to the iocumbenci of St. J WlifteehapeL
Taarrle RIWZIPTB.—Th• traffic reoeipts of rail-
ways in the ~sited Kingdom amounted for Ye week fedi(
the 30th of April, os 11,198 Nall; to 613.7251., and for
the mayesponding week of loot year, os 10,806 miles, to
552,9831., showing an increase of 393 miles, and of
60,8191. in the receipts. The gross receipts on the follow-
ing 14 railways amounted in the aggregate, on 7,744 mike,
to 486,4091., sod for the correspond* weak of 1863, oat
7,565 miles, to 438,373/., showing so increase of 179 miles.
and 48,086/. in the receipt.. The increase on the Caledonian
amounted to 1,9551. ; on the Great Eastern to 5.1321, ; on
the Great Northern to 5,490/. ; on the Great Southern
and Western to 3154 ; a the Great Western to 4.5001. ;
ou the Lancashire sod Yorlishile to 5,0271.; oe the
London and North.Wssissa to 8,8391. ; oa the Los-
doo and Brighton to 2061.; on the London and South-
Western to *if!. ; on the Baschmter, Sheffield, and
Lincolnshire to 1.6:13/. ; on the Midland to 8.944/. ; on
the North British to 5351.; on the North Easton Is
5,534/. ; and on the Borah Festers to 1,6424—
total, 48,086 f. The goods and miescsl traffic ow
those lines amounted to 274,0091., and for the
oorrespondiog week of 1863, to 242,504/, show-
ing an increase of 31,5061. The receipts for 'pa...lmm
parcels, /cc., amounted to 212,4001., ftsirest 193,8191.
showing au increase of 12,7331. Tim InAc receipts os 63
other lines amounted, on 3,454 miles, to 127,316/., and for
the cos.esiamdieg week of last year on 3,240 miles, to
114,583/., show ie. en iterate. of 214 miles, sad of 12,7331.
in the receipts. The total remipte of the past weak show
au increase of 8,025/. as compared with those of the pre-
ceding week. eudio. the Mad of April, sad as compared
with the corresponding week A LA year iadiciate a eon-
siderable increase in the Walk of the eeuntry.

NEW AND BRILLIANT PI /NOPORTI PTICIR WOle
lenhaupCs •lsrieree. U.: Wollenbsaipre Maireba NemireAse„
dedicated to Mr. Pa :et. to. : Tours easspilthrs. 4. These Owes
Dew comietitiona have been played wills Manna niece,* by
Mr. tittet Beringer. at the Cry Mel Paw. &est tree for Si
stamps each.—Lear and Co.,St, Rqemitilmok AA-
verhaemicht.l