The Express.
London, England, 1864-08-03 00:00:00

MONEY ArAaiun—awls DAY.)

Two o'CLoow.

The stock markets retain great steadiness,
though business remains quiet. The funds are
quoted the same as yesterday. In the railway
market the features consist of a rise in Midland

I stock, upon the announcement of the dividend,
and a decline in Caledonian. Foreign stooks are
firm, with a continued demand for Spanish
Naive Bonds and Certificates.

At Park to-day, according to Mr. Renter's
telegram, the Three per Cent. Reece opened at
Mfr. 47c. for the account, being nearly the same as
at the close yesterday.

Consols are now quoted 891 to for money,
and 89i to 90 for next Tuesday's settlement.
The official business report is sa follows :—Three
per Cent. Consols, for mosey, 891, 1, 1 •
Three per Cents. Reduced, 89, 1, 9 ; New Three
per Cents., 891, 9,1, 9 ; Exchequer Bills,
Marsh, 145., 18e. die. ; ditto, June, 156., ss. die. ;
Bank of England Stock, 240, 242 ; India Five per
Cent. Stock, 1870, 1041, 1, j ; ditto Four per
Cent. " enfaced" rupee paper, 921 ; ditto Bonds,
10s. dia.

Spanish Passive Bonds are again 1 per omit.
better, and the Certificates have further advanced,
being marked 11 and 111. Mexican Bonds and
Turkish Oonsolides are both firm, and other stocks
in this department steady. Some of the pre-
sent quotations are annexed, viz., Greek, 23/
to 241 ; Mexican, 29/ to 1 ; Confederate, 75 to
77 ; Spanish Passive, 301 to 1 ; Turkish of 1862,
69/ to 70 ; and the Consolidds, 501 to /.
Transactions are recorded as follows :—Austrian
Five per Cents., 631 ; Br►zilian Four-and-a-Half
Per Cents., 1863,861, 7 ; Egyptian Seven pea Conte.,
(Second Issue), 109 ; Mexican Three per Cents.,
fur account, 291, 1 ; ditto, 1864, 26/ ; Portuguese
Three per Cents., 1866, 1867, 1858, 1859, 1860,
1862, and 1863, 48 ; ditto, for account, 48 ; Russian
Five per Cents, 1822, 911; ditto Four-and-a-
-1 Half per Cents., 1860, 851 ; ditto Five
per Cents., 1862, 881, 1, 1 ; Spanish
Passive, for account, 301, 90, 1, ; the Com-
I mittee's Certificates, for account, 11, 1; Turkish
Six per Cents., 1854, for account, 91 ; ditto 1862,(f0r
account, 70, ; ditto 1001. Bonds, 701; Venezuela
Six per Cents., 1864, scrip, 8 dis.

The Germania has arrived from New York with
14,700 t. in specie, of which 13,90 W. is for France
and the rest for Hamburg.

It is announced that the share list of the Mee.
chant Shipping Company (Limited) will be closed
for London at 3 o'clock on Saturday, and on Mon-
day for the country.

No transactions in bullion took place at the Bank
yesterdy.

The areign exchanges yesterday afternoon were
generally irto. Subjoined is our usual list:

Amara" 3 =oaths, 12.1 to 1 ; ditto, 3 days,
1118 to 6 ; Rotterdam, 3 moths, lilt to 3; Ant-
werp, S soot e, 25.65 to 70; Hamburtimms. Canso, 3
maths, 13.9/ to 8 ; Paris, 3 days, 15.17 to 27i ; ditto, 3
maths, 25.621 to 70 ; Praukfort-oe-the- e, 3 mouths,
120/ to 1 ; EM. Petersburg (per rouble), Smooths, 34 to 1 ;
Plash elf. So., 3 months, 11.821 to 71 ; Trkete, oft. So., 3
mouths, 1L824 t 0,71 ; 9 months, 48 to t ; Guth; 3
south., 48 to I ; Leghorn, S mouths, 25.70 to 75;
Owes, 3 months, 25.70 to 75 ; =sat 3 months,
25.75 to 80 Naples, 3 mouths, 25.75 to 80; Palermo,
3 maths, 25.75 to 80 ; Nadu; 3 mantle, 25.75 to 80 ;
Lisboa, 90 days, 511 to 52 ; Oporto, 90 days, 511 to 52.
The Great Northern Railway dividend was
officially announced yesterday, at the rate of bit par
Icent. per annum, against di at the corresponding
period of last year. This leaves per cent. for
the half year for the A stock. The announcement
caused great disappointment.
The forthcoming dividend on the stock of the
London and Blaolrwall Railway Company is
officially announced at the rate of St. 12s. 6d. per
cent per annum, being an increase of 2s. 61. per
share on the dividend declared at the correspond-
ing period of last year.
The prospectus of the Natal Investment Com-
pany (Limited) is issued. This undertaking is
formed with a respectable board of directors, and
under the auspices of the Credit Mobilier (Limited),l
to afford facilities for the investment of capital in
Natal and the adjacent British colonies, where land'
is rising in value, and advances are in active de-1
mend. The capital is 500,0001., in 10,000 shares of
601. each, with a first issue of 5,000 shares, upwards
of one-half of which are already mibiseribed for. It
is not proposed to call up more than 101. per share,
as the company contemplated obtaining money by
the issue of debentures at British rates of interad.,
and employing it at colonial rates. Agency and
similar business is also to be carried on.

At an extraordinary general meeting of the
'shareholders of the City Bank, held yesterday, the
necessary powers were granted for increasing the
capital from 1,000,0001. to 2,000,0001. by a further
'issue of 10,000 shares of 1001. each ; the directors
being empowered to issue and allot the new shares
in such manner and at such prices as they may
deem expedient.
The Star and Garter Hotel Company held their
ordinary meeting yesterday, wihen out of an avail-
able balance of 2,2781., a dividend at the rate of
10 per cent per annum, free of income tax, was
declared.

Au extraordinary meeting of the Humber Iron
Works and Shipbuilding Company (Limited) is
called for the 10th iest, to confirm the special
reeolutions passed at the meeting on the 13th July,
and to complete the business then left undone.
The adjourned fourth general meeting of the
Bahia Steam Navigation Company (Limited) is
called for the 9th inst., and will be made special,
to authorise the issue of debentures.

We are requested to mention that the abate list
of the Industrial Company of Central Italy will be
closed to-nsorrow, the 4th inst.
The City of Baltimore, for Kew York, will call
at Queenstown on the 4th August, and messages
will be received at ail of the Electric and ,Interna-
tional Telegraph Company's offices in London up
to 3.30 p.m., and in the provinces up to 3 p.m.
The Asia, for Halifax and Boston, will call at
Queenstowu on Sunday, the 7th August, and mes-
sages will be received until the same hours.

3

complete retreat on the part of the Blasi&
government front tits untenable and shamed&
ositiou assumed by it.
The discount market to-day was quiet, with a
limited demand, yet the terms for good bills wens
maintained at 71 to 71 per cent. or upwards, the
instances in which transactions took place at the
Bark minimum being apparently exceptionaL
Nevertheless, the applications at the Bank &secant-
office were upon only a moderate scale, indicatiag
no return whatever of the pressure lately witnessed.
Consols, which closed yesterday at 1391 to 1 fee
money, and 891 to 90 for next Tuesday's settle-
ment, opened and closed to-day at the same quota-
tions. The official business report is as follows :--
Threeper Cent. Consols, for money, 89j, 1 ; dab,
' for account, 90, 891; Three per Cents. Reduced,
189, 1, 1 ; New Three per Cents., 89, 891, 1, 9,1,
9 ; I:chequer Bills, March, 10s. dis.; ditto, Jane,
110 e., 6a., Bs. dis. ; Bank of England Stock, 242 ;
India Stock, 213, 2111 ; ditto Five par Cent. Stock
1870, 1041, • ditto Four per Cents., 1888, 100;
ditto Five per Cent. " enlaced " rupee paper, 1872,
102;
e India Five per Cent. Stock was quiet. ix-
chequer Bills were decidedly heavy, and both the
March and June issue closed at the uniform and re-
duced price of 15s. to be. dis
. _

In the Stock Excliange46l to 7 per cent. wan
charged in the morning for short loans on Engin&
government securities, but after 12 o'clock there
' was a large increase in the supply, and a diminution
in the demand, and the rate fell nominally to 51 to
6 per cent.
In the market for bank shares some flatness was
observable. City Bank shares were quoted about
2/. lower, and there was also a reduction in Bask
of Hindustan, London and Brazilian, London.
Birmingham and South Staffordshire, Louden and
County, and South Eastern Bank.
Hudson's Bay shares were flat at 18} to 1, and
Egyptian Trading dull, at 11 to 2 prem. Canada
Land shares fell about 4L, and Peel Riven Land,
21. Mauritius Land, Thames and Mersey Marino
Insurance, and the shares of " Smith, Knight, and
Co." were also flatter. Nova Scotia Land and Gold
met with inquiry.
Scarcely any alteration occurred in the shares
of the financial companies. The dosing
quotations are annexed, vir. :—lnternational, to
5 prem. • General Credit, 3to prem. ; LoMosi
Financial, 11 to 111 prem. ; Imperial Meraudile
Credit (amalgamated), 4 tot prem. ; Credit
Mobilier, 51 to 6 prem. ; Cit Foncier, 24 to
9 prem.
The closing (but in some cases merely nominal)
quotations for shares in new undertakings are
subjoined, viz. :—ltalian Land, par to 1 prem. •
Anglo-Euptian Bank, to 1 prem. ; Ebbw Vale
Company, 1 die. to prem. • Humber Iron Works.
21 to 2 die. ; Merchant Shipping Company, to 2
prem.