The Express.
London, England, 1864-07-01 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'CLooz.

The stock markets to-day show much steadiness.
The funds are rather dull, owing to a sale for
account of the Court of Chancery, but foreign
stocks are steady, the chief feature being a rise in
the Confederate Loan. The only buoyancy, how-
ever, is still in home railway stocks, some of which,
including Caledonian and Great Northern, have
risen considerably.

The half•year having turned, the demand for
money to-day has diminished, while the supply has
increased. The lowest rate for three months' bills
is still 6 per cent., and the same is asked in the
Stock Exchange for short advances on the English
government securities.

At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Rentes were quoted
65fr. 85c., being Sc. better than yesterday.
Consols are now quoted 901 to 1, ex div., for
money, and 901, " buyers," ex div., for the account
(July 8). The official business report is as follows :
-Three per Cent. Consols, for money, 901, 1 ;
Three per Cents. Reduced, 891, 1, 89 ; New
Three per Cents., 891, 1, 89, 1 ; Bank
Stock, 2361 ; India Stock, shut; ditto Five
per Cent. Stock, 1041, if ; ditto Four per Cent.,
991 ; ditto Bonds, 20e., 155., 13a. die. ; Five per
Cent. " enfaaed" rupee paper, 105, 1041.
The Confederate Loan has risen 3 per cent.,
owing to the repulse of General Grant, combined
with the statement that the funds for the next
dividend are ready ; the present quotation is 64 to
86. Other foreign stocks have experienced
only trifling variations. Greek Bonds are
now quoted 251 to 26 ; Mexican, 441 to 1 ; ditto,
ex the arrears, 281 to 29 ; Spanish Passive, 30 to
k ; Turkish of 1858, 691 to 70 ; ditto, 1862, 68
to 1, ex div. ; and the Consolides, 481 to 4.
Transactions are recorded as follows:-Brazilian,
1863, 861 ; Dutch Two-and-a-Half per Cents., 62,
lex die. ; Greek, for account, 261, 251, 26 ; ditto
Coupons, for account. 111 ; Italian, 67, 1, ex div. ;
ditto Maremmana Railway, 741, ex div. ; Mexican,
for account, 441, # ; ditto Six per Cents. Anglo-
French, 561 ; New Granada Deferred, 71; Peru-
vian, 1882, 85, 844, 86, ex div. ; ditto, for account,
83, ex div. ; Portuguese, 1856, &c., for account,
471, ; Russian, 1859, 631 ; ditto, 1862, 871,
87, 1 ; Sardinian, for account, 831 ; Spanish
Pasaive, for account, 301, 291 ; ditto Certificates,
for account, 101 ; Turkish, 1858, 1001. bonds, 731;
ditto 1862, 681, ex div.; ditto, for account, 671,
681, ex div. ; ditto, 1001. bonds, 681, 4, ex div. ;
Venezuela, 1862, for account, 654.
International Financial shares are now quoted
sto 1 prem. ; General Credit, 3 to 1 prem. ;
London Financial, 12 to 7 prem. ; Imperial and
Mercantile Credit, 21 to a prem. ; and Hudson's
Bay, 171 to 18, ex div.

About 80,0001. in gold was bought by the Bank
yesterday.
The Virginia has arrived from New York with
95,0001. in specie, and the Ramsey, from Otago,
New Zealand, with 25,000/. The Parana has
reached Lisbon from Brazil, but has only 2,8131.

The silver market continues very quiet, with an
extremely limited demand for the East. The bars
brought by the Weet India packet were sold yes-
terday at 54. 10. per ounce, showing a reduction
of 0. The Mexican dollars were likewise disposed
of at &a. 4d., showing a fresh rise, consequent upon
the extreme scarcity of this coin here.
The Midland Railway traffic return shows this
week an increase of 4,7681. over last year ; the
Manchester, Sheffield, and Lincolnshire, an increase
of 3,0311. ; the Lancashire and Yorkshire an in-
crease of 6365/. ; and the North Eastern an increase
of 3,4851. _ _ _

We are informed that a ooncession to the London
Bank of Mexico and South America has been
granted by the government of the United States of
Colombia and sanctioned by Congress. It confers
the exclusive right to issue notes to be received
throughout the Union in all government transac-
tions, and in payment of customs duties and taxes.
The concession also gives the bank the custody of
the national funds, and the right to establish
branches in all the States of the Union, including
Panama. The bank, we are assured, is to have
the same powers in a legal point of view as the
government. The privileges granted are for a period
of 26 yeas. By one article of the agreement the
bank is always to be considered a neutral establish-
ment. It is further stated that the bank will have
the financial agency of the government in this
country.

The Mercantile and Exchange Bank announce
that they have opened an agency in Montreal,
under the charge of Mr. Edward Alexander Pren-
tice, of that city.
The Merchant Banking Company of London have
made a call of fol. per share, payable on August 2,
at the Alliance Bank.

Tke South Eastern Banking Company yesterday
opened a branch at Clapham, under the management
of Mr. Emit, who has been for 24 years in the
banking-house of Messrs. Masterman and Co.
The London and Venezuela Bank are advertising
for a manager to go out to Caracas. Letters received
by the last mail from one of the local directors men-
tion that the application to the government for •
patent authoriaing the bank to commence business
had been acceded to, and that several important
privileges have been secured.
At the meeting of the Marine Insurance Company
yesterday a dividend of 11. and • bonus of 71. per
share were declared for the year.
A special meeting of the Oriental Inland Steam
Company (Limited) is called for the 14th inst., to
confirm the resolution passed at the special meeting
on the 23rd of June.

At an extraordinary meeting of Silver's India-
rubber Works and Telegraph Cable Company held
yesterday, it was resolved to increase the capital by
the issue of new shares, and to change the name
of the undertaking to " Tbe India-rubber and Gnus
Percha and Telegraph Works Company."
The warrantaVor the half-year's interest on the
stock of the Great Southern of India Railway
Company have to-day been forwarded to the pro-
prietors, and are payable at the Union Bank of
London on and after to-day. The interest on the
mortgage bonds of the company is also payable to-
day, on presentation of the coupons.
The transfer books of the Northern of Buenos Ayres
Railway Company are to be cloned from the let to
sth of July, for the purpose of making out the
interest warrants. _ _ _

We are to state that the share list of
the York-street Flax Spinning Company will be
closed on Saturday, the 9th July. _ _

_ .
The following paragraph relating to the Confe-
derate Loan is from the Inder, the organ of the
Confederate government in this country :

We have the pleasure of being able to state with positive
certainty that the eaminanual interest sod dindeod of nat-
ion hood doe on September 1, and which by the terms of
the cataract with the Coated:erste government must be do-
posited with the cootractors 60 days in advance, is ready for
deposit. This fact, coupled with the continued absorption
of Wye quantities of the bonds by conversion into cotton
oertifleatee for blockade•rannieg purposes, will no doubt give
• vigorous stimulus to transaction is this stock.

The return of the Bank of England for the week
ending Wedneeday,June 29, compared with that for
the previous week, shows the following changes

Oircedation brae £28121.980 Deimos £158,405
Circulation active 20,692925 lacrosse 521195
Public deposits 10,213,535 luxes, 925,941
Other deposits
Oo►erument apearitisa is

ba;l:ingdepartmaat — 11,122,267 No change
Othereecwitaes an Making
department
Co!‘ and bathos is bath

departments— 14,197.849 Daman 121,212
eaves day sod elbow We 460.681 Liman* 9.994
The Reet 11,92414461 loaner 24.906

Notes is morn
Total room (notes k coin
is buskin departaisat) . 8,151,934 Darius k 1,407

As usual at the close of the half-year, when the
influx of government money to the Bank is heavy
(the increase in the public deposits this week being
925,9411.), there has been an active demand for
money in commercial circles, leading to an increase
of no lees than 1,349,9411. in the private securities,
and to withdrawals of private deposits to the extent
of 251,4171. The result of these changes is a de-
cline of 641,4071. in the reserve. There is also a
reduction in the coin and bullion, but not to any
important extent.

BAB& or 'NOLAND. —An Account pursuant to the Act 7th
and eth Vic., c. 32, for the week ending on Wednesday, June 24,