The Express.
London, England, 1864-06-13 00:00:00

MONEY MARKET.-(TRIS DAY.)

Two o'CLoot.

The stock markets to-day are decidedly heavy,
owing chiefly to the absence of business and of de-
mand. The funds have fallen It tol per cent., and a
reduction of like amount has taken place in the
speculative kinds of foreign stocks. The
downward movement extends to home railways
and most other securities. _

There is less demand for money to-day, and more
disposition is shown to take good three months'
bills at 69 per cent., or 9 below the rate current on
Saturday. The supply of money is large.
At Paris to-day, according to Mr. Reutees
telegram, the Three per Cent. Rentes opened at
66fr. 90c., showing a decline of per cent., com-
pared with the last price of Saturday.
Consols are now quoted 891 to 909, ex div.,
for money, and 909 to 9, ex div., for the ac-
count (July 8). The official business report is as
follows :—Three per Cent. Consols, fur money,
909 to 89j ; ditto, for account, 909 ; Three per
Cents. Reduesd, 899, 9, 9 ; New Three per
Cents., 899, 9, 9 ; Bank Stock, 239 India
Five per Cent Stock, 1049, 9 ; Exchequer Bills,
Jane, ss. dis., par.
Foreign stocks are heavy, and a decline of 9 to I
per cent. has taken place in several of the more
speculative descriptions. The present quota-
tions are annexed—viz. : Turkish Loan of 1858,
699 to 70 ; ditto 1882, 719 to 9 ; the Consolidcis,
48 to 9 ; Greek, 249 to 9 ; Mexican, 449 to 9 ; Con-
federate, 62 to 64 ; and Rnotian scrip, 4 to 49 prem.
Transactions are recorded as follows : Dutch
Two-and-a-Ralf per Ceuta., 639 ; Egyptian, 1019 ;
Greek, 249, 9 ; Italian, 699 ; Mexican, 449, 9,9,
ditto Six per Cents., scrip, dia., 9 prem. ;
Russian, 1862, 879 ; Sardinian, for account, 841,
ex div. ; Spanish Passive, 329, 9, 9 ; ditto for
account, 329 ; ditto Certificates, for account,
10} ; Swedish scrip, 39 prem. ; Turkish, 1854,
for acct., 699, 9 ; ditto, 1858, 699 ; ditto, 1862, 719,
9 ; ditto 1001. Bonds, 719 ; Venezuela, 239 ; ditto
for account, 239 ; ditto 1862, 569, 9 ; ditto for ac-
count, 57 ; ditto 1864, scrip, 59 die.
International Financial shares are now quoted 59
to 9 prem. ; General Credit, 3,1; to 9 prem. ; London
Financial, 119 to 129 prem. ; Mercantile Credit, 89
to 9 prem. ; andsou's Bay, 19 to 9; Imperial
Financial, 29 to 9 prem. ; Millwall Ironworks,
to it prem. ; and Imperial Bank of China,
9 t 9 die.
The steamer Seine, from the West Indies, has
brought 224,0001. in specie.
Foos O'CbOCI.

Consols are quoted 90 to I, el div., for money,
and 90k to ex div., for the account, showing no
change of importance compared with the prices
current at 2 o'clock. No gold operations have
occurred at the Bank.

The fortnightly settlement in shares and foreign
stocks will commence today ("continuation day )
and terminate on Wednesday.
It would appear that the shareholders of the
Egyptian Commercial and Trading Company
(Limited) are likely to derive very considerable
advantages from the fusion which is about to be
carried out with a local company. In addition to a
7 per cent. guarantee from the Egyptian govern-
ment, the company is to have a complete monopoly
of the navigation of the Nile, and also, as we are
informed, the concession of all the public works—
including railways, docks, &c.—to be constructed
in Egypt. The title of the reconstructed undertak-
ing will be the Societ4 Oinerale d'Egypte, and it
will be framed upon a very large scale. The capital
of the Egyptian Commercial Company is 2,000,0001.,
and that of the local company with which it is to
be amalgamated is likewise 2,000,0001. ; but as
4,000,000/. is not considered sufficient for the com-
pany's objects, a fifth million of capital is to be
created, in 50,000 shares, and is to to issued
exclusively to the shareholders in the Egyptian
Commercial Company in the proportion of one new
share for every two now held.
The report of the directors of the Assam Com-
pany, to be submitted to the annual meeting on the
13th inst., recommends a dividend of 25 per cent.
clear of income tax, the crop for the season 1862
showing a net profit of 64,9301.
The fourth call of 11., making 71. paid, is to be
paid on the new 101. 4} per cent. preference shares
of 1861, of the Lancashire and Yorkshire Railway
Company, by the lit of July
The Court of Chancery has ordered a call of 101.
per share to be paid by the contributories of the
Phoenix Life Assurance Company by the lit of
July.
The half-yearly meeting of the Great Eastern
Railway Company is called for the 20th of July.
A special meeting of the Metropolitan Railway
Company will be held on the 22nd inst., to approve
the bills now pending in Parliament, one of which
enables the company to extend their railway from
Finsbury-circus to Trinity-square, Tower-hill, while
another authorises "the completion of an inner
circle of railways north of the Thames."
A meeting of the Oriental Inland Steam Com-
parey (Limited) is convened for the 23rd inst.
The report of the directors of the Northern As-
sumac" Company to the 28th annual meeting, held
at Aberdeen on FrWay, stated that the business of
the company for the year 1863 again ea-
hibits, in both departments, a large increase
upon the previous year. In the fire department
the net premiums received, after deduction of re-
insurances, were 148,9331. 16s. 11d., being an
increase of 20,9871. 14s. 4d. upon the premiums of
1862 • and the surplus on the year's transactions
,
was 9,1141. 3s. 4d. In the life department the
new business comprised a total of 297,6901. assured,
yielding in premiums 9,1601., and the year's sar-
i pins was 13,6741., increasing the accumulated
funds of this branch to 437,2741. The directors
recommend a dividend of 10 per cent. on the old
shares, and at the same rate proportionally on the
new shares. This will absorb 7,7631., leaving
11,4271. to be carried to the reserve fund, which is
thereby increased to 98,8141. The directors'
report was unanimously approved and adopted.
A call of ss. is to be paid on the new shares of
the Oriental Gas Company by the Ist of July.
The share list of the London and Venezuela
Bank will be closed to London applicants on the
18th instant, and to those from the country on the
20th.

FATAL Accinnlrr.—On Saturday evening Mr. W.
Payne, coroner for the City of London, held an inquiry at
the White Swan Timm, Upper Thames-street, touching
the death of Thome I)ench, aged 25. The deceased, an
•eeg•wr, on Wedaseday last was employed within a large
cylinder, 54 feet in circumference, about to be sunk in the
bed of the Thames, neer Allhallows-pier, as a part of the
foundation of the Ousnon.stniet railway bridge. The eylin-
der was supported far above the level of the water by means
of piles, and the deoeued was standing an a plank at the
bottom of it, when, tbrerigh the giving way of a bolt-head, he
was pitched headlong into the river, striking his bead in his
fall, sod was taken up quite dead. The jury returned a
verdict of " Aocidestal death."

• - - ---
MDIANCHOLT DRATH IN • RAILWAY CAIRIAOZ.
—oe Friday afternoon, on the arrival of the Laden aprons
at Warrington at 2.36, it was found that one of the dra-
chm paseengen—a gentleman apparently about 25 years of
age—was gather dead or dyiag. He was taken to the Patties
Arms Hotel, near the railway-station, and Mr. Elpinks, the
district medical officer of the company. was immediately
called, but if life had not departed before the unfortunate
potleman lac the carriage, he died the roman after hie
removal. Then was money found upon bun in golf. bills,
and notes to the amount of 1161. 10s. ; also a letter from •
sister, dated Greenock, 9th June, and addressed " Mr.
Thompson, James Jackson, Esq., 6, Maylield.terrace, Dal.
eta, Dada," from which it appeared that be had only
recently leaded is England from Jamakia, and was oa tus
way to valet his friends in Scotland. His luggage pre the
addren of " Anahuac/Idg House, Duman." The deceased
gentleman appeared to have boa in an advanced elan of
eneetimptioe.—Merschasser Ghardaia.
910 U THAN NMI AND Terms THAN amt.—This
pan=to the lama sad beet sleek of aping ant mouser
ever eaboltied for rabic approval The world tamed
lte. trousers at Alfred Webb llifee: the drigtaateell May Mita.
bbeinneal 71, Ilreokoiresh Ilanowerdquare. letskilthed 1141.
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