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

MONEY MARKET.-(THIS DAY J

Two o'CLoci.

The stook markets to-day are rather firmer.
There is a recovery of 4 per cent. in the funds, and
an improvement has taken place in several of the
principal speculative foreign stocks, chief buoyancy
being shown by Mexican Beads, which have risen
14 per cent Home railway stocks are steady.
This is settling-day in Consols.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Routes were quoted
66fr. 30e., being bc. better than yesterday.
Consols are now quoted 91} to 4, for money,
and 911 to far the account (April 8). The
official business report is as follows :—Three
per Cent. Consols, for money, 914, 91, 1 ; ditto for
account, 911; Three per Cents. Reduced, 894, 1 ;
New Threelper Cents., 89f, 1,1, 4 ; Red Sea Tele-
graph, 20} ; Bank Stock, 2374, 239 ; India
stock, 217 ; ditto Five per Cent. stock, 1044, 1 ;
Eve per Cent. 1' enlaced " rupee paper, 1044.
Foreign stooks are generally firmer. Mexican
Bonds opened heavily, and were sold u low as 42,
but have since come into strong demand, and are
now quoted 434 to 1, being 14 to 14 per cent. higher
than yesterday afternoon. Turkish securities
are to 1 per cent. better—the Bonds of
1868 at 68 to 4, ex div. ; those of 1862 at 69 to ;
and the ConsolidEs at 501 to 4. Greek Bonds are
firm at 224 to 23, and Passive steady at 35 to 4.
Transactions are recorded as follows ;—Brazilian,
1863, scrip, 14 die. ; Greek, for account, 221 ;
ditto Coupons, for account, 104 ; Italian, for account,
664 ; Mexican, for account, 424, 0, 42, 4,4, 434 ;
Peruvian, 1862, for account, 851 ; Portuguese,
1856, .te., for account, 484 ; Russian, 1862,
881, 894 ; Sardinian, for account, 83 ; Spanish
Passive, for account, 35, 341 ; Turkish, 1858,
1001. Bonds, 694, ex div. ; ditto 1862, 1001.
Bonds, 694 ; ditto 1863, 67 ; ditto Guaranteed,
1001; 1.
International Financial shares are now quoted 7
to' prem.; General Credit, 34 to prem. ;
London Financial, 91 to 101, ex div. and ex new ;
Mercantile Credit, 7 to 8 prem. ; Hudson's Bay,
18 to t ; and Thames Iron Works and Ship-
building, 34 to 44 prem. ; Credit Mobilier, 14 to
11 prem.; Imperial Financial (New), 31 to 44 prem.;
Financial Corporation, 2to prem. ; Credit
Fonder (Great Britain and Ireland), le to 2 prem.;
Queensland Sheep Investment, 1 to If prem. ;
Australian and Eastern Navigation, 5 to 6
prom. ; Ottoman Financial, 4 dis. to par. ; and
South Eastern Bank, to 1 prem.
A good demand was experienced yesterday at the
Bank discount-office. The general market was like-
wise active, but the supply of money was adequate.
The terms for good bills were 51 to 6 per cent., and
for six months' paper 6 to 51. Little demand being
experienced in the Stock Exchange in connexion
with the settlement in Consols, the terms for short
loans on English government securities in that
establishment were only 3 to 4 per cent.
The amount of gold sent into the Bank yesterday
was 97,0001.

The China, from New York, has brought 42,000/.
in specie.

The Panama, New Zealand, and Australian
Royal Mail Company (Limited)--hitherto known
as the Interoolonial Royal Mail Steam Packet Com-
pany—have formally issued their new prospectus,
inviting applications for the new capital rendered
necessary by the proposed important extension of
the company's operations. The new capital con-
sists of 375,0001., in 37,500 ordinary shares of 101.
each, and its issue was authorised by the special
meeting held on the 3rd inst. It may be useful to
mention that the object is to enable the company
to perform the contract recently entered into with
the general government of New Zealand for a
monthly mail service between Sydney, New Zea-
land, and Panama, iu correspondence with the
Royal (West India) Mail Company's steamers be-
tween Southampton and Aspiuwall (Isthmus of
Panama). Much importance is attached to the
proposed scheme of operations in conjunction with
the fact that the Royal Mail Steam Packe.; Com-
pany and the Pacific Steam Navigation Company
have agreed to enter into working arrangements for
through traffic ; and that their fleets, with those of
the three other steam lines converging on the new
route, will operate as " feeders " to this company's
ships. From the commencement of the Panama line,
in May, 1865, the minimum subsidies payable to the
company for the oceanic and interprovincial serv;ces
will amount to 96,0001. per annum. The contract
will continue until 1870, and will not then termi-
nate unless two years' previous notice in writing be
given. The old shares of the company are now at
11. prem., and it is stated that a considerable lim-
ber of the new shares have already been applied for.
Another new Hotel Company is announced,
under the title of the Liverpool Adelphi Hotel
Company (Limited). The object is to purchase the
Adelphi Hotel, at Liverpool, which is offered for
sale in consequence of the death of Mr. Radley, the
late proprietor. The business is stated to have
been highly successful, but increased accommoda-
tioi, only to be obtained by au enlarge neot of the
premises, is reqaired. Payment is to be made for
&considerable part o: the purchase money in shares,
and it is affirmed that the valuations of the pro-
perty "fully justify the price agreed to be paid
for the purchase." The capital is 100,030/. in
10,000 shares of 101. each.
The Brighton Railway traffic return shows this
week a decrease of 1495/., compared wi.h fact
year; and the South Eastern a decrease of 2,885/.,
which is attributable to the circumstauee that the
traffic for the corresponding week of last year was
increased by the arrival in England of the Princess
Alexandra.
With reference to the decline in South Eastern
Railway stock, which 's attributed to the unsatis-
factory character of the receipts of the newly
opened Charing. cross branch, the following is from
• correspondent:
The portion of the line *posed, viz., from Londow.bridge
to Charing-arose Mia met about 2,000,0001. sterling requiring
a weekly receipt of nearly 4,000/. to pay 5 per cent. interact.
According to the statement made by the chairman at the
recent meeting. the actual number of passengers is under
40,000 per week. which at an average receipt of 21d. per
passenger, would give about 415/. The number of trams
rouging is 180 per day, considerably more than the number
run by the Metropolitan.
The letters of regret to applicants for shares in
the South Eastern Banking Company were issued
on Saturday, and the letters of allotment were
posted last evening.
It is announced that the share list of the Thames
Iron Works, Shipbuilding, Engineering, and Dry
Dock Company (Limited) will be closed on Thurs-
day next, the 10th inst., at 4 o'clock p.m.
. . .

,
The annexed memorandum is from the General
International Agency Company (Limited) :
The General International Agency Company, at the
special requested its were sod friends on the Continent,
has decided upoo keeping the list of applications for shares
open—for London, until the 12th ; for the country end
Inland, until the 15th ; and for the Continent, until the
16th islet.

e are requested to mention that a statement in
a weekly contemporary of Sunday's date, imputing
bankruptcy to Messrs. Hall and Son, gunpowder
manufacturers, of Lombard-street, has originated
in a mistake, and is entirely erroneous.
Advice,' have been received of the wreck, about
six miles from Portland, of the Canadian m►il
steamer Bohemian. The loss is estimated at about
80,0001., and will fall chiefly upon the underwriters
in London and Liverpool.
Telegrams announcing the arrival of the next
mails from Calcutta, China, and Australis are
expected to arrive in London about the Mlth last.

MOXDAT EVOISO.

Consols, which closed on Saturday at 911 to
for money and to•morrow's settlement, opened this
morning at 911, and closed at 911, " sellers." For
the April settlement the last price was 91* to }„
The official business report is as follows:—Three
per Cent. Console, for money, 911, 91 ; ditto, for

account, 91k,1, 91; Three per Cents. Reduced, ;
New Three per Cents., 891, 4,4, i ; India Ave
per Cent. dock, 104 f, ; Eiveper Cent. " enlaced°
rupee paper, 104.
The India Five per Cent. stock wee unaltered,
and the rupee paper dull. Exchequer Bills Tessa
at oe. die. to par.
In the foreign stock market there was again eon-
siderable fluctuation in Mexican Bonds, which con-
tinue to be swayed to and fro by various rumours,
for the most part set afloat in interested quarters.
Bank shares were dull. Imperial Ottoman Beak,
Land Mortgage Bank of India, London and Buenos
Ayres, and Provincial Bank of Ireland, were quoted
rather lower. London and Hamburg Bank
however, have improved. Hudson's Bay shares
were dull, at 18& to , and Egyptian Trading at 2i
to 24 prem. Anglo-Mtn Mint shares continue
to nee. There were also inquiries for Quebreda
Lend, Van Diemen's Land, and Trust and Agency
of Australasia, while London General Omnibus and
Universal Marine Insurance were flat.

The shares of the financial companies were flatter.
International closed at 74 to I pram. ; General
Credit, at 34 to prem. ; London Financial, at 9j
to 101 Prem., " ex all," being • reduction of 10s. ;
and Mercantile Credit at 7 to 8 prem. The shares
of the re-modelled Imperial Financial Company,
however, were in demand, and were quoted 44 to
44 Prem-
The closing (but, in some cases, merely nominal)
quotations for shares in new undertakings are
subjoined, viz. :—Credit Fonder of Mauritius, par
to prem. ; Land Securities, 14 to 11 prem.;
Contract Corporation, 24 to 3 prem. ; Credit
Foncier (Great Britain), 14 to 2 prem. ; Aus-
tralian and Eastern Navigation, 54 to 64 prem. ;
Ottoman Financial, 4 dis. to I prem. ; Consoli-
dated Discount, 1 du. to par ; Mexican Bank,
pee to prem. ; Financial Oceporation 2to 24 prem. ;
London Gas Meter, 4 to 14 prem. ; Buenos Ayres
Bonded Wharf, 4 to 1 prem. ; South Eastern Bank,
to 1 prem. ; British Colonial Steamship, to 1
prem. ; Naval and Military Bank, 1 to 2 prem.
English, Irish, and Foreign Rolling Stock, 14 to 24
prem. ; International Agency, 2l to 34 prem. ;
Financial Discount, 2 to 2i prem. ; Credit Ma-
' bilier, 1 to 14 prem. ; Gellivara, 1 to 14 prem. ;
Kentish Hotel, 1 to 14 prem.; Queensland Sheep
Investment, 1 to 14 prem. ; and Thames Ira&
Works, tkc., 2 to 3 prem.
Australian and Eastern Navigation shares were
nominally quoted 54 to 64 prem., but no business
'takes place in them pending the further develop-
ment of the affair.

MINER.-(THIS DAY.)

Two o'Cwqw.

The mining market continues inactive, and prices
in most instances are unchanged. There is a de-
mand, however, for Wheal Grenville and East
Caradon shares, at improved prices ; the former ars
now Quoted 7 to 4, and the latter,
to I. Wheal Seton are heavy, and have dec
to 180 to 182. Great Fortune are steady, at 144
to 15 ; and Great Vor firm, at 314 to 321. In the
Stock Exchange Chivertou shares have been dealt
in at 121 ; and Prosper United at 6i.
Very little business is reported in foreign and
colonial inhaing shares, and prices are nominally
the same as yesterday. Yudanamutana are dull.

COMMERCIAL AND MARKETS.

LIVERPOOL COTTON & CORN MARKETS.
(THIS DAY.)
(iT ILECIIIIO LIM INTRILIATIONAL TILIOL2I.)
(1101 4:11:11
.0 WS CORZZAPONDENT.

and prices declining. Sales, 3,000
or 4,000 bales.
Com. —Liniited attendance at market. Wheat road*.
rate. Business at Friday's decline. Flour slow ; Wee ati
nominal quotations. Indian corn steady : mixed. 20a. W.
Oats and oatmeal dull.