The Express.
London, England, 1863-12-29 00:00:00

MONEY NARKET.-(71118 DAY.)

Two oVroos.

The stock markets to-day are dull. The funds
exhibit a decline of i per cent. A check
is still given to speculation by the un-
certainties connected with the Schleswig-Hol-
stein question. The members of the Stock
Exchange have been chiefly occupied with prepara-
tions for to•morrow's settlement in shares and
foreign stocks. Home railway stocks present an
upward tendency, but the speculative foreign bonds
are weaker.

At Paris this morning, aeoording to Mr. Reuter's
telegram, the Three per Cent. Renton were quoted
66fr. 40c., being bc. lower than yesterday.
Consols are now quoted 91} to 4, ex div., for
money, and 91} to 4, ex div., for the account
(Jan. 7). The official business report is as fol-
lows :—Three per Ceat. Consols, for money, 91},
4, ; ditto, for account, 914 ; Three per Cents.
Reduced, 914, ; New Three per Cents., 91}, 4,
} ; Bank Stock, 234 ; India Five per Cent. Stock,
1061, } ; ditto Bonds, par., 6s. dis.; Four per Cent.
" enfaced" rupee paper, 95 ; and Exchequer Bills,
95., 4s. die.

Foreign stocks are heavy. There is a decline of
If per cent. in Mexican, 1 in Spanish Passive, and
in Turkish Consolidifs. Greek Bonds are steady.
Some of the present quotations are annexed :-
1 Turkish 1864 Loan, 89} to 90} ; ditto, 1858, 691
70;to ditto, 1862, 701 to 71} ; the Consolidtte, 471
to 481 ; Greek, 26 to 1 ; Spanish Pas-
sive, 331 to 34 ; and Mexican, 371 to }.
Transactions are recorded as follows :—Brariliar,
1863, 871. 1, 87 ; Dutch Two-and.a-Half per
Ceuta., 641; Egyptian, 1001, f ; Greek, 261 ;
ditto for account, 26} ; ditto Coupons,
111 ; Italian, 701 ; ditto Maremmana Railway,
781, 78 ; Mexican, 371, 4, # ; ditto for account,
38, 371, 38, 371 ; Peruvian, 1862, 881 ; Portuguese,
1853, 491 ; ditto, 1856, kc., 49 ; ditto scrip, 11, 1
prem. ; Russian, 1822, 921 ; ditto, 1856,,88 ; ditto,
1862, 891, 1 ; Spanish New Deferred, 47} ; ditto
Passive, 341 ; ditto Certificates, 131 ; Turkish,
1858, 70, 691; ditto 1862, 701, 711.
International Financial shares are quoted 41
to prem. ; General Credit, 21 to } prem. ; Lon-
don Financial, 81 to 91 prem. ; Hudson's Bay,
21 to f die. ; Egyptian Trading, 11 to
prem. ; Merchant Banking, 31 to 41 prem. ;
Land Mortgage Bank of India, 21 to 21 prem. ;
English and Swedish Bank, 2to prem. ;
East London Bank, 2} to 3 prem. ; Discount Cor-
poration, 31 to 41 prem. ; Floating Dock, }to 1
prem. ; Contract Corporation, 31 to I prem. ;
Consolidated Discount Company, 1 to 11 prem. ;
and West India and Pacific Steam, 1 to 2 prem.
The dealers have been chiefly occupied with the
adjustment of their amounts, in preparation for
the fortnightly settlement in shares and foreign
stocks, fixed for to-morrow. It would appear that
the present, like several recent setttlements, will
be facilitated through the supply of money
which is poured into the Stock Exchange
by the financial and other public companies re-
cently created. In the present stage of their ope-
rations these companies are glad of the opportunity
of lending their funds in the Stock Exchange, as
otherwise they would have considerable balances
lying idle.
Yesterday, both at the Bank of England and in
the general market the demand for money increased,
and the probability is that this will go on until
Thursday, the 31st, is turned, as in the interval
large payments have to be made on revenue and
other accounts. Moreover, at the close of the year
there is always less disposition to lend, owing to the
wish to accumulate large balances. The terms for
good bills yesterday were 61 to 7 per cent. An in-
-1 dication of the course of opinion with regard to
the future of the money market is presented,
however, in the fact that the rates for choice six
months paper are 61 to 7 per ant., being rather
under than over the terms for shorter periods. An
expectation seems to be entertained that more
ease will be experienced before or upon the release
of the January dividends.

The sum of 46,0031. in bar gold was purchased
by the Bank yesterday. There is only a moderate
inquiry for the Continent, so that the influx to
the Bank is expected to continue, a considerable
total having yet to be disposed of, including the
247,0004 (Australian) by the Monarch.
- -

. .
Private telegrams, believed to be accurate, report
a fall (i. c, a movement in favour of England) of
4 per cent. in the exchange at Bombay, and a rise
of 3 per cent. in that at Calcutta. In the former
case the effect will doubtless be to check the expor-
tation of silver from England, while in the latter
there may be some increase in the shipments, but
not to any important extent. The bulk of the silver
sent from this country to the East for a long period
bas gone to Bombay—the great cotton port

The Brighton Railway traffic return shows this
week an increase of 1241. over last year ; and the
South Eastern an increase of 1,721 t.

Subjoined is a statement (from Mr. Slaughter's
Weekly List) of the railway calls falling due in the
month of January. The total is rather below the
average :

Amount per Share.

Due Already . Number
Due In Jan.. 1864. Date. Pahl. Call. of Shares. Amount.
Furness NEM 4.10
Shares
Great Luxembourg
Preference
Lancashire and York ,
New ClO 44 per cent

Pridireftoj' 1
Manchester Shelf. and
Lin., New 4105 per
eent-Preferencel6ll2 14
North British New
4111 Preference
North Ewa., Darling-
ton Section. Ord -

1 0 0 123,300

nary, 180) lb.'. 1 8
South Stafford, Pin;
ti per cent. Pref 1 78
Whltehaven, Orator,
andEgrcmont Maros
Extension 1 1

1 0 0
3 • 0

2 0 0
15 0 0

1 10 0

78,%0
79.200

123,300

WOO
237,000

24 800 40600
not known.

7,600 18.750

il6 As
E i
114 four `...
0 '''
•4 Lb sad I, Uo6ffr
--1---
C. i a S 6
3788,618.1,663816 1,010,61 381.8.
917,667 410,1661 512, Mai
801
102,611 115,000 306,760 411,111
113,440 101,106 171,001 MSS
A 3,0791111.1111 1125,050 478,211111
061,266 044, 104,062 1.168,01110

Average Hamlet:low 'heft
.e week, eedlag ea awe.

The Bank of Ireland ....
The Provlncial Bank of

fr;lanit—r—
The Belfast Banking Cos-
Theen Northern Banking
Company
The Ulster bulking Cos-
PanY
The National Beak

AVIRAGE AMOUNT OT COIN lULD =WM 1001 WWI -

GaiL Myer. twit
t t
The Bank of Ireland 411,701 K SISAIS
The Provinclal Bank of Ireland
The Belfast Banking Compaq— 138.736 WOO isms
The Northern Banking 11,358 %IMO 176,11111
The Ulster Banking Company
The National Bank

MONDAY
_EVIZID!6.

Consols, which closed on Thursday at 914 to 4 er :
dim., for the 7th of Jan., opened and closed to-day -
at the same quotation. For money the last price •
was 914 to ex div., and for February 914 to 92,
The " continuation " from the January to the •
February settlement was as much as 4 per cent, •
indicating that the floating supply of stock is coon- •
siderable. The official business report is as follows : ,
—Three per Cent. Consols, for money, 914, 4; .
ditto, for account, 914, 4 ; Three per
Cents. Reduced, 914, ; New Three •
per Cents., 914 4 4, ; New Two-and.a-Ralf
per Cents., 75 ; India Stock, shut ; ditto Fiveiper
Cent stock, 1064, 4 ; ditto Four per Cent., 100/ -
Four per Cent. " sawed^ rupee paper, 96 ; ditto:
Five per Cent., 1044, 4.
The India Five per Cent. stock was inquired
for. There were alto more inquiries for the Five
per Cent. " &duel" rupees paper. Exchequer
Bills remain at 9s. to 4s. du.

The foreign stock market was dull in the morning,
but au increased demand was experienced in the
afternoon for the speculative stocks, which have
accordingly advanced.
The market for bank shares, though rather
quiet, was decidedly firm. An improvement has
taken place iu .Agra Bank, London and South
African, National Bank of Liverpool, Standard
Bank of Africa, and Union Bank of Australia.
Discount Corporation shares were firm, and there
were inquiries for Joint Stock I iisoount new.
Peninsular and Oriental Steam shares, both old
and new, have fallen 21., owing to the disasters to
two of this company's ships.
International Financial shares were firm at 41
to 4/ prem., and General Credit at 24 to 24 prem.,
while Loudon Financial were slightly flatter at 81
to 81 prem. Hudson's Bay were 2ft. Cd. wore, at
2, to 21 dis. ; and Egyptian Trading at 11 to
11 prem.
In accordance with the rules of the Stock Ex-
change, the official broker of that establishmeat
to-day bid publicly for, and "bought in," at dm
cost of the parties failing to deliver them in fulfil-
ment of previous contracts, a number of shares is
the Mercantile Credit Association. The price at
which the required supply was obtained was 71.
prem. A bonus of no less than 21. per share was
given for the delivery of shares today. The chain
quotation was 71 to 1 prem. for money, and 81 to
for the new account.
Ocean Marine shares were last quoted to-tiav
141 to 151 prem. ; Thames and Mersey Marine, 4
to 54 prem. ; Universal Marine, to 1 prem. ;
Commercial Union Assurance, to 4 prem. ;
North British and Mercantile Insurance, 18 to 4.
English and Swedish Bank shares were last quoted
2to 241 prem. ; Land Mortgage Bank of India,
2} to 44 prem. ; West India and Pacific Steam,
1 to 2 prem. ; Contract Corporation, 4 to 41 prem. ;
Merchant Bank, 31 to 41 prem. ; Discount Corpo-
ration, 31 to 41 prem. ; Littlebampton Steam, S t.
51 prem. ; Consolidated Discount, If to 2 prem. ;
Gloucestershire Smelting, 11 to 24 prem. ; sad
Neustsdt Charcoal Iron, 1 to 11 prem.
Canada Government Five per Cents. were in do-
maud and better.