The Express.
London, England, 1864-04-01 00:00:00

MONEY MARKET.-(THIS DAY.)

Two &Qom.

The stock markets to-day are generally steady,
at previous quotations, with only a moderate
amount of business. The funds have not mcved
from yesterday's prices. Home railway stocks are
rather firmer. Foreign bonds are well supported,
except Mexican, which have slightly declined.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentee were quoted
65fr. 85c., being unchanged.
Consols are now quoted 91} to f for money, and
91;1 to 1 for the account (April 8). The official
business report is as follows :-Three per Cent,
Consols, for money, 911, ; ditto, for account, 914 ;
Three per Cents. Reduced, 89}, I ; New Three per
Cents., 891, } ; Bank Stock, 2361, ; India Five
per Cent. Stock, 104}, I ; Five per Cent. " en-
faced " rupee paper, 103 ; ditto Five-and-a-Half
per Cent., 112 ; and Exchequer Bills, 3s. die.
Mexican Bonds are } to 1 per cent. lower than
they were yesterday afternoon-at 451 to
f. Spanish Passive Bonds are 1 higher, at
35} to 361. Greek remain at 25/ to
f. Turkish ConsolidiSs are 1 lower, at 54
to 1, but the loan of 1862 has improved to
711 to 721, and that of 1858 is firm at 70 to 1.
Transactions are recorded as follows:-Brazilian
Old Five per Cents., 100}, ex div. ; ditto 1863,
884, 1, ex div. ; Buenos Ayres, for ac-
count, 95} ; Chilian Six per Centa., 101, ex div. ;
Colombian Six per Cents., 79}, ex div.
Equador New Consolidated, 134 ; Egyptian, 99112,
1001 ; ditto, second issue, 100} ; Greek, for account,
231, }, }, ; Italian, for account, 671 ; ditto Ma-
remmana Railway, 74} ; Mexican, for account, 454,
} ; New Granada Deferred, 9 ; Peruvian, 1862,
85}, 86 ; Portuguese, 1853, for account, 49 ;
ditto 1863, scrip, } prem. ; Russian, 1850,
88 ; ditto, 1862, 911 ; Spanish, for account,
52} ; ditto Passive, for account, 36 ; ditto
Certificates, for account, 131,1; Turkish, 1854, for
account, 94 ; 'ditto, 1858, for account, 70} ;
ditto, 1862, for account, 71/, 72, 71/, 721 ; ditto
1863, 68 ; Venezuela, for account, 24 ; ditto 1862,
for account, 601, ; ditto, One-aud-a-Half per
Cents., 121.
International Financial shares are now quoted 6/
to 7 prem., ex div. ; General Credit, 5} to I prem. ;
London Financial, 11} to 12, ex dir. and ex new ;
Mercantile Credit, 9/ to 1 prem. ; Hudson's
Bay, 181 to 191 ; Egyptian Trading, 361 to
prem.; Credit Mobilier, 31 to 41 prem.; Imperial
Financial, 51 to } prem. ; Credit Fender
(Great Britain and Ireland), 5 to It prem. ;
City Offices Company, 3} to 1 prem. ;
Smith, Knight, and Co., 3 to } prem. ; and
Queensland Sheep, } dis to par.

AMALGAMATION OF THE LONDON AND
WESTMINSTER BANK WITH THE PRI-
VATE BANK OF MESSRS. JONES, LOYD
AND CO.

HALT-PAST Tw•o OVI/JCK.

An announcement to the above effect has just been
made in the City, and has caused coL-
siderable excitement, especially in the market for
bank shares. The price of London and Westminster
Bank shares (100!. shares, with 201. paid), which
closed yesterday at 82 to 84, has risen to 110 to
120. Subjoined are the notifications issue.l respec-
tively by Messrs. Jones, Loyd and Co. ; and tLe
London and Westminster Bank :
Lothbury, London, E.C., 31st lamb, 1864.

We beg to inform you that in pursuance of a wish
(which we have for some time past eatertained) to retire
from business, we have made arrangements with our
immediate neighbours, the London sad Westminster Bank,
for the transfer to them of our banking establishment.
In thus entrusting to them the future management of a
business which we have oolong ooaducted, we believe that we
shall confide the interests of ourconstituente toss institutic n
in every way capable of doing them justice, and we shall be
much obliged to the friends who have kindly reposed ooni-
deuce in us, should they ruction the arrangement we have
made by continuing with the London and Westminster
Bank the business hitherto entreated to us.

We cannot thus announce to you the step we have
takes without thanking you for the kindness and confidence
with which you have favoured as, or without expressing to
you the regret wit► w►ich we contemplate the close of our
mutual connexion.—We are, &c.,

JONES, Lora and Co.
Leaden and Westminster Bank, Lothbury,
Leettea, E.C., Mardi 31, WA.

We have the pleasure to inform you that we have con-
cluded an arrangement with our next door neighbors
Masers. Jones, Loyd and Co., for the transfer to this back
of the., oldnetablishod banking 'business, together with
their banking premises ; and that Mr. H. J. Norman will
join the board of directors of this bank.

The business will be cooducted is Lothbury as hereto-
fore, and in soliciting the favour of your accoact,
we beg to aware you it will be our earliest desire to afford
you every facility in the cooduct of your business
In furtherance of this arrangement may we hope you
will kindly sign and forward the authority on the other
side.—We have the honour to remain, on behalf of the
Board of the Lasko and Westminster Bank, your most
obedient servants,
Joni! GAARATE CATTLEY, THOHAS
CaimuN, Jaadvi Dm, Dr
VIVRE, BOSANT DOERS; JOSEPH
&DAIL; DAVID DALoIIVTIS.

At a time when the extension of joint-stock
enterprise seems likely to exercise an important
influence upon our monetary position the in-
creased demand for the shares of the financi.sl
and banking companies, most of which are steadily
rising, is deserving of especial notice. TLe sub-
stantial support which new undertakings this
kind find at the hands of the public will doubtless
lead to a continued influx of fresh projects.
Yesterday being the last day of the quarter, a very
active demand for money was experienced, and
wag increased by the requirements in connection
with the settlement iu the Stock Exchange. The
applications at the Bank of England were heavy,
and in all quarters 6 per cent. was the charge for
good bills. AR soon as provision shall have been
made for the mercantile engagements maturing en
the 4th of April (Monday), the market will probably
become easier, in anticipation of the April dividend
money.
About 37,000/. in gold was taken from the Bank
yesterday for abroad. 100,0001. of the American
eagles by the Mexican packet was also sold for
exportation. The demand fur gold for the conti-
nent, nevertheless, was not quite so active as of late.
We understand that the dividend to be declared
by the Oriental Bank Corporation at their ap-
proaching meeting will he 3/. per share for the
half-year ending 31st December last, free of
income tax. This is at the rate of 24 per cent.
per annum.
The London Financial Association; ave introduced
the Clyde Engineering and Iron Ship Building Com-
pany (Limited). The object of this undertaking is
to purchase and extend the 0:d establisl.ed
business of Messrs. Smith and Rodger, shipbuilders
and engineers, of Glasgow, a locality which pos-
sesses great advantages for a basiness of this sort.
The arrangement made for the acquisition of the
concern is descrited as " very favourable :" the
purchase-money is to be partly cash and partly
shares. The partners of the firm join the board,
which is in all respects very respectably
constituted, comprising the following names—
vie.: Lord Claud Hamilton, M.F. ; Admiral the
Hon. Sir Montagu Stopford, K.C.B. ; Mr. John
Walker (of Messrs. Walker, How, and Co.), a direc-
tor of the London Financial Association ; Mr. John
Elfin, of Alschurch-lane ; Mr. David Smith (of
Messrs. Smith and Itodger); Mr. P. G. Vanderbyl,
of Upper Hyde Park-gardens ; Mr. James Reid (of
Messrs. John Stewart and Co., Glasgow) ; Captain