The Express.
London, England, 1864-05-28 00:00:00

MONEY MARKET.-(THIS DAY.)

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Two o'Cuvz.

The stook markets to-day are generally firm.
The funds have improved 1-16 to * per cent.
Home railways, foreign stocks, and most other
securities are well supported. The fortnightly
settlement has commenced to-day, and the chief
business has consisted of the adjustment of the
Amount. The rates of " continuation " were heavy
in the morning, but have since become less so.
There is rather more demand for money to-day,
but good bills are still taken at 6* per cent., and
the supply of money remains large.
At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Rentes opened at
661 r. 65c., being 6c. lower than yesterday.
Consols are now quoted 911 to I with div. for
money, and 901 to *, ex div., for the ac-
count (June 8). The official business report is
as follows:—Three per Cent. Consols, for
money, 911, 1; ditto, for account, 901 ;
New Three per Cents., 891, ; India Five per
Cent. Stock, 106, 106 j ; ditto Bonds, 18e. dia. ;
Exchequer Bills, March, 12s. die. ; ditto June, 35.,
6e. die.

Foreign stocks are firm. Greek Bonds are / per
oent. better, at 24 to 1 ; Mexican better,
at 441 to ; Passive better, at 34
to 341 ; and Turkish Consolidde likewise
1 higher, at 481 to 1. Confederate Bonds are
steady at 64 to 66. Mexican scrip is quoted Ato
01 du. ; Venezuelan, 5 to 4 dia., ex div. ;
and Russian, 31 to 4 prem. Trans-
actions are recorded as follows : Egyptian,
uni ; Greek, 241 ; Italian, 671 ; Mexican, I
441 ; ditto French scrip, 41 du. ; Peruvian,
1862, 86 ; Portuguese, 1856, &c., 48/,
49 ; Russian, 1862, 871, ex div. ; ditto
1864, scrip. 31 prem. ; Sardinian, 861; Spanish
Passive, 331, 341, 3.31 ; Swedish, 1864, scrip, 31
prem. ; Turkish, 1854, 90 ; ditto, 1858,
691 ; ditto, 1862, 701, 71 ; ditto, 100/. Bonds, 711,
701; ditto Guaranteed, 100; Venezuela, 1864,
scrip, 5 dia., ex div.
Peruvian stock has fallen 2 per cent. to-day,
owing to the quarrel between Peru and Spain,
which has led to the latter power seizing the Chincha
or Guano Islands. The following is from the Spanish
admiral to the Peruvian Foreign Minister :
Sir,—l have the honour to bring to the knowledge of
your Excellency that the conduct of the Peruvian p-
worriment towards Spain has obliged me take poorer=
of the Chinches Islands until her Majesty's govern-
ment shall determine under the oonditions referred
to in the diplomatic declaration which I herewith adjoin.
I retain as hostages several offioare of the Peruvian navy who
shall be answerable for say insult offered to Spanish sub-
jects. I expect year reply at the Chinches Islands, and
avail myself of this opportunity to offr,
(Sigma/ Das H. Puilos.
Extract from the Declaration of the Admiral commanding
Spanish Squadron and of the Special Commissioner Ex-
traordinary.

Chirichas, 14th April, 1864.
The undersigned commander, Gonad of her Christian
Majesty's squadron in the Pacific, and the Special Commis-
sioner Extraordinary in Peru, declare to have resolved the
following:

" Art. I. Her Majesty's squadron will take posmesion of
all the islands belonging to Peru, and of all men-of-war that
might form an obetmle to that project.
" Art IL The guano existing on the Chinch& Wands
shall serve as mortgage for all sums advaeoed to Peru by
foreign subjects, under the guarantee of said manure, in all
oases where the respective contract. have been approved of
by the Peruvian Congress, mud officially published before
the present date.
" Art. ILL The foreign companies at present shipping
guano will continue exporting it, and will render an account
to her Majesty's government of the tom they export from
the present day, as which the Spaniah flag has been hoisted
on the Chibcha Islands."

And in order that notice be given to whom it may con-
cern we sign this declaration M the roadstead of the
Chineba Islands, on the 14th day of April, 1864.

International Financial shares are now
quoted 6 to * prem. ; General Credit, 14 to
61 prem. ; Mercantile Credit,.9l to 10 prem. ; Lon-
don Financial, 121 to 13 prem. ; tiudson's Bay, 18j
to 191 ; Credit Mobilier, 4 to 5 prem. ; Credit
Fonder, 61 to 7 prem. ; Minima Ironwork; fl to I
prem. ; Imperial Bank of China, to I prem. ; and
Imperial Financial, 31 to 1 pram.
The Atrato, from the West Indies, has brough
423,0001. in specie.

HALr-pAgr Two o'CLoca.

Consols are unaltered, at 911 to 1, with dlr.
for money, and 901 to;, ex div., for the account.

The reduction in the rate of discount of the
Bank of England has as yet given no great
stimulus to business at the discount office.
The applications there yesterday, though showing an
increase, were upon a rather quiet scale, owing, no
doubt, to the relatively lower terms current in the
general market, wheregood three months' bills were
taken at 6} per cent. We also hear of transactions
in six months' paper at 6e to 7 per cent.

The satisfactory announcement is made that the
claims of holders of Mexican Deferred Bonds
have been adjusted. . -•- •

Messrs. Baring Brothers and Co. have notified
that the dividend warrants due the Ist June, on the
New Granada Two per Cent. Bonds, and on the
old Active Bonds at fia 2d. per 1001., and on the
Deferred Bonds at L. 3d. per 1001., will be paid in
due course.

The amount of gold sent into the Bank yesterday
was 96,0001., chiefly American.
The Scotia, from New York, has brought
167,0001. io specie.

_
The tendency of the exchanges yesterday after-
noon was again unfavourable, owing of course to
the decline in the value of money in this market.
The rates were as follows :
Amsterdam, 3 swaths, 12.0 to 1201 • ditto, S days,
ILI7 to 4 ; Rotterdam, 3 1111011th., 1200 to ; Ant-
werp, S 'meths. 26.65 to 70; ilambuue. billoo 3
ssoaths, 13.81 to I Parts, 3 days, 25.22 to 30 ; ditto: 3
swaths, 25.60 to 67i ; Franktort.oa-tbe- 3 mouths,
120 to g ; St. Petersburg (pee rouble). 3 moutba, 32j to 1 ;
Mesas, eft. tio., 3 months, 11821 to 7; ; Trieste. .1. So., 3
swaths, luni to 7i ; Madrid, 3 mouths, 47f to 48 ; Cadiz. 3
mouths. 471 to 48 ; Lenora, 3 months, 25.76 to 80
Oeace, 3 m0nth.,25.75 to 80 ; Mika,S mouth.,
25.75 to 80 ; Naples, 3 mouths, 95.75 to 80 ; Palermo,
3 mouths. 25.75 to 80 ; Mamma, 3 mouths, 28.75 to 80 ;
Lisboa, 90 days. 511 to 1; Oporto, 90 days, 511 to f.
The rates of discount on the Continent continue
below those current here. At Paris and Vienna
the quotation is 6 per cent ; Amsterdam and St.
Petersburg, 5 ; Hamburg, 4 ; Turin, 8 ; Frankfort,
13; Berlin, 4i, and Brussels, 6} per cent.
The Stock Exchange Committee have appointed
Thursday next a special settling day in the shares
lof the following companies, vu :—Lemberg-
Czeraowitz Railway Company (Limited), Home
and Colonial Assurance (Limited), Clyde En-
gineering and Iron Ship Building (Limited),
International Land Credit (Limited), Commercial
Bank Corporation of India and the East (incor-
pororated by Royal Charter), and the Frontino
and Bolivia (South American) Gold Mining Com-
pany (Limited). All are to be officially quoted,
but the last-mentioned company in tie bi-weekly
list only. The committee have also appointed
Thursday next a settling day iu the French scrip of
the Mexican loan, which is to be officially quoted,
and all transactions therein are to be settled at the

fixed exchange of Mfr. 90c. per pound eterliog.

The directors of the Alliance Bank have made a
call of bk per share on the 10,000 new shares, payable
on the 24th Jane.

The Mueical Library Company (Limited) Las
issued its prospectus. The object is to circulate
musical publications amongst the public, and thus

afford them the advantages which they now possess
as regards general literature by means of the
" library system." All the various publications
of the music houses are to be provided, and depots
and agencies established in the principal towns.
Three of the directors are upon the board of the
library Company (Limited). The capital is 30,000/,
in 6000 shares of 51. each.
The half-yearly meeting of the Great Indian
Peninsular Railway Company is called for the 24th
of June.
We are informed that among the contracts is
course of execution by Smith; Knight, and Com-
pany (Limited) are those for the Edgware, High-
gate and London, the Alton and Winchester, and
the .Vest Riding, Hull and Grimsby Railways, the
fortifications near Sheerness, and several others, all
on cash terms. No less than between 4,000 and
5,000 men are employed on the company's various
works.
The share certificates of the Home and Colonial
Assurance Company are now ready for delivery is
exchange for the banker's receipts.
The subscription list of the Freehold and
General Investment Company will be closed on
Thursday next.
The directors of the Ashton-vale Iron Company
announce the closing of the share-list on Wwbes-
day, June 8.
Messrs. Claypons, Garfit, and Co , bankers, of
Boston, have notified that, Messrs. Masterman and
Co. having amalgamated their business with the
Agra and United Service Bank (Limited), they
have arranged with Messrs. Barnett, Hoare, and
Ca, of Lombard-street, to be their London agents
on and after the 6th of June.
' The Caledonian Railway traffic return shows
this week an increase of 1,9381. over last year.

_
FILIDAT
Console, which closed yesterday at9oj to 4, ex die.,
for the Bth June, were first marked to-day 904, and
closed at exactly that price, or 90 6-16 to 7-16.
For money the last price was 911 to 3 with div.
The official business report is as follows
Three per Cent. Consols, for money, 914, C, 1,1;
ditto, foraccount, 904, ; Three per Oente. Reduced,
894, j; New Three per C,enta., 894, 4,4, 1,4,
New Two-and-a-Half per Centa, 744 ; Annuities,
1885, 149-16; Bank Stock, 239, 257 ; India Five
per Cent. Stock, 1054, 106 ; ditto Four per Cent.,
100 ; ditto Four per Cent. Debentures, 1866, 984 ;
ditto Bonds, 18s. dig. ; Five per Cent. '• enfawd
rupee paper, 104.
The India Five per Cent. stock has advanced.
Exthequer Bills were slightly firmer, the March at
12a. to Bs. din. and the June at 7s. to 3.1. die. India
Bonds were dealt in at 18s. dig.
In the foreign stock market the principal fine-
tuation was again in Confederate Bonds.
In the market for bank shares a little flatness
was observable. Imperial, London and County,
London and Westminster, London and South
African, and Imperial Ottoman Bank were quoted
rather lower. The shares of the London, Hamburg
and Continental Exchange Bank were exception-
ally better.
Hudson's Bay shares have declined to 19 to 4.
Egyptian Trading were unaltered, at 21 to 34 prem.
African Merchants, Continental Union Gas, Joint
Stock Discount, and Peel River Land shares were
flat. Royal Mail Steam, West India and Pacific
Steam, Panama Royal Mail Steam, and Land Se-
curities shares met with inquiry.
The shares of the financial companies were rather
flat, and most of them closed at t reduction of
2e. 6d. to se. per share. The closing quotations are
annexed, viz. : International, 51 to 64 prem. ;
General Credit, 64 to 6 prem. ; London k inaucial,
124 to 13 prem. ; Imperial Financial, 34 to prem.;
Mercantile Credit, 94 to 104 prem. ; Credit Mo-
biller, 4 to 44 prem. ; and Credit Foncier, 6 to 7
prem.
The closing (but in some cases merely nominal)
quotations for shares in new undertakings are
subjoined, viz. :—lnternational Land Credit, 13
to 2 prem. ;Imperial Bank of China, 4to j prem. ;
Ottoman Financial, Lar to 1 prem. ; Tyne
Shipbuilding, 1 to 1 prem. ; East India Fi-
nancial, die. to par ; illwall Iron Works, §to
prem. ; National Financial, Ito din; General
Contract, to 1 prem. ; Scottish and Universal
Finance Bank, 2to 3 prem. ; Maritime Credit, to
14 prem. ; Humber Iron Works, Ito 04 dig. ; and
International Contract, 1 to 04 dia.
Canada Government Debentures were inquired
for.