The Express.
London, England, 1863-02-07 00:00:00

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MONEY MARKET.-(THIS DAY.)

Two o'Cloci.

The funds to-day are firm. Consols are quoted
about 1-16 per cent. better than they *wed yester-
day. In the railway market, although business is
far from active, the tendency of prices is favourable,
particularly as regards South Eastern stock, which
has risen nearly 1 per cent. There is still a good
deal of movement in the foreign stock market,
but the speculative securities are in less demand.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Renter opened at
70fr. 40c., being sc. lower than yesterday.
Console are now quoted 92a to I, for money.
and 92 13-16 to 15-16, or 921, for the account
(March 5). The official business report is
as follows : Three per Cent. Consols,
for money, 92k, I ; ditto for account, 9n Three
per Cents. Reduced, 92k, a ; New Three per
Cents., 94, a, I ; India Stock, 227 ditto
Five per Cent. Stock, 106* ; ditto Bonds, 14s. to 12a,
prem. ; Five-and-a-Half per Cent. " euf aced" rupee
paper, 112} ; and Exchequer Bills, 2s. prem. to Is.
dis. .

- 14

sil

Turkish securities are generally steady, at the
last prices of yesterday ; the Loan of 1844 is now
quoted 89 to 91; that of 1868, 72 to 1 • that of 1862,
67/ to 681 ; and ConsoliAis, 41 to 1 ; Greek Bonds,
after being pressed for sale as low as 191,
are last marked 204. Egyptian Bonds of the first
issue have been dealt in as high as 100. Mexican
Bonds are rather lower, and Russian scrip flat.
Russian Five per Centel. are quoted 98 to 99 ; the
new Peruvian Loan, 88 to 89 ; the new Portuguese
Loan, 47 to ; and Venezuela Six per Cents. , 60}t° 1.
Transactions are recorded as follows :-Chilian,
83 ; Equador, 164 ; Egyptian, 99, 100;
ditto second issue, 991, 99, 4 ; Greek, 201,
191, 201, 19/, 2011 ; ditto Coupons, 84,
I,i; Italian, for account, 701; Mexican, for account,
321, 1, 331 ; Moorish, 944, ex div. ; New Granada
Land Warranta, 7 ; ditto Deferred, ex Hectares,
64 ; Peruvian, 1862, for account, 881, ; Por-
tuguese, 1853, for account, 474 • ditto 1814
461, 3 ; ditto, scrip, 3e. prem. ; Russian, 1860,
924 ; ditto, 1860, 91 ; ditto, 1862, 941 ; ditto
scrip, prem. ; Sardinian, for account, 831 ;
Spanish New Deferred, for account, 464 ; ditto
Passive, 271, ; ditto Certificates, 101 ; Turkish,
1854, for account, 90, 4, 894 ; ditto 1858, for se-
count, 721, 1, i ; ditto 1862, for account,
681, 671 ; Venezuela, for account, 234, 4 ; ditto,
One-and-a-Half per Cents., 121.

_
BALI-PART Two o'CLoca.
Console are slightly flatter, M 9241 to 1 for
money, and 92} to / for the account (March 5).

Advioee from Paris affirm that the position of the
Bank of France is improving daily.
The amount of gold bought by the Bank yeeter-
day was 45,000/.
On 'Change yesterday afternoon the rates for bills
on Holland and Hamburg were slightly more is
favour of this country. Generally it may be said
that the late improvement in the exchanges, whisk
has caused the drain of gold from thi4 oouniri
almost to cease, is firmly maintained. Subjoined
is our usual list.
Amsterdam, 3 months, 11.171 to 18 ; Oitto, 3 ewe
11.14 to 15 ; Rotterdam, 3 moths, ILI7I to 18/ ; Antwerp,
8 months, 25.421 to 71; Hamburg, raa base°. three mouths.
13. n to / ; Paris, 3 days, 25.20 to 7/ ; ditto, 3 months,
25.52/ to 7/ • Frankfort-on-the-Mains, 3 months, 119/ he
; Petersburi (per rouble), 3 months, 35 to k ; Vieoati
if. tio., 3 toonths,ll.6o to 90 ; Trieste, if. 110., 3 months,
11.80 to 90 ; Madrvi, 3 months, 49 to ; Cadiz, 3 mouths,
48/ to 49 ; Leghorn, 3 months, 25.65 to 70 ; 0110011,
months, 25.65 to 70 ; Milan, 3 months, 25.436 to 70
Naples, 3 months, 25.65 to 70; Palermo, 3 months, 25.70
to 5; Messina, 3 months, 25.70 to 5 ; Lisbon, 90 days, 521
to i ; Oporto, 90 days, 521 to 63.
At Paris the rate of discount in the open market
is 4e per cent. ; Vienna, ; Hamburg, 2i ; Turin,
; Frankfort, 21 • Amsterdam, 4 ; Berlin, si;
Brussels, 3 ; and St. Petersburg, 6 per cent.

, .
The success of the National Discount Company—
an undertaking which has just declared a dividend
at the rate of 8 per cent. per annum, besides adding
a large sum to the reserve fund, and whose shares
are now at a high premium—has led to the forma-
tion of the City Discount Company (Limited). The
prospectus of this undertaking, which was issued
this evening, states that the directors have con-
cluded a preliminary agreement " which will enable
the company to acquire an existing first-class
business with which to commence operations forth-
with." The directors judiciously disclaim all idea
of introducing any novelty in the comparifs trans-
actions, their aim being professedly to obtain a good
business by safe and legitimate means, and to avoid
all undue risks. The capital is to be one million,
in 20,000 shares of 501. each, but the first issue is
to be limited to one-half of that total. It is stated
that several additions to the published list of di-
rectors will shortly be made.
The Caledonian Railway traffic return shows this
week an increase of 701. over last year.
Illinois Central Railway "Options," expiring on the
20th February, 1864, were negotiated yesterday at 4
dollars—that is to say, 4 dollars has been given for
the option of taking at par one share between now
and a twelvemonth hence.
We are requested to state that the share list ed
the Cannes Hotel Company will be closed on Wed-
nesday, the 11th inst., for England, and on the 14th
for the Continent.
The directors of the Factage Parisien (Limited)
will on Mc:lmlay fix the day for closing the sham
list.
The Queen of the Ocean has arrived from China
with 831,300 lbs. of tea.

FRIDAY EYIRDIG.,
Consols, which closed yesterday at 92 15-16 to
93 for the sth March, touched this morning 93 to 4,
but closed at 921 to For money the last price
was 921 to 1. The official business report is as
follows :—Three per Cent. Consols, for money, 921,
4, ; ditto, for account, 93, 1, 921 , Three per
Nat& Reduced, 93, 921 ; New Three per Ceuta.,
921, 93, 921 ; Bank Stock, 238, 2364, 2371, 238 ;
Red Sea Telegraph, 21 7-16 ; India Stock, 228 ;
ditto Five per Vent. Stock, 108, 1 ; ditto for ac-
count, 1081 ; Five per Cent. cubical" rupee
rper' 105 ; ditto Five-and-a-Half per Cent., 1121;
odiaßonds, 12s. prem.

-
The India Five per Cent. stock remains at
108 to I. Exchequer Bills show an improvement
of la., closing at Is. dis to 3e. prem.
Greek Bonds continue to be pressed for sale, and,
after several variations, closed per cent lower
than yesterday.
The transactions in Bank shares were numerous.
Alliance Bank, Bank of Queensland, and Loudon
and Northern Bank have declined, while Bank of
London, City Bank, and Oriental Bank were quoted
better. Australian Agricultural shares were
inquired for, but Peel River Land, Oriental Inland
Steam, and Mediterranean Extension Telegraph
have receded.

Ocean Marine shares closed to-day at 74 to
prem. ; Thames and Mersey, 21 to 3 prem.;
Universal, to Oi din. ; North British and Mer-
cantile, 171 to 18 ; Commercial Union, # to 1 din ;
and London and Provincial Marine, par to 1 prem.
The closing quotations for shares in new under-
takings were as follows :—British and American
Exchange Bank, if to 84 prem. ; Cannes Hotel,
to 2 prem. ; British and Foreign Marino
Insurance, 21 to 24 prem. ; Continental Bank
Corporation, par ; Union Marine Insurance, 2}
to 3 prem. ; Anglo-Parisian Brewery, to
prem. ; Oil Wells of Canada, 2 to 2/ real
Bank of Wake, 1 to 1 prem. ; Empire Mapar,
to 1 prem. ; City of London Fire and Life
Kunnas, 2 to 24 prem. ; Bristol and South Wales
Zino Smelting, to 1 prom. ; Asia Minor Company,
0 to 11 prem.; Factage Parisian, Ito 1t rem. ;
atal Cotton, to 14 prem. ; and Ang o-Ports.
guar) Bank, 1 to 1 prem.