The Express.
London, England, 1864-01-05 00:00:00

PREFERENCE SOARER.

Great Western, South guaranteed 4 per cent., 89.
Ditto, ditto, guaranteed 4i per oent., 1839, 100.
London, Chatham. and Dover 5 percent. pref., 99i.
Midland Consolidated 44 per cent. preferential stock,
redeemable if so determined by the proprietary, 103.

MONEY MARKET.-(THIS DAY.)

Two o'Owcz.

The stock markets opened this morning with a
rather flat appearance, owing to the political and
financial anxieties of the day, but a good
effect has sine been produced in most de-
partments of the Stock Exchange, by some large
and influential purchases of Mexican Bonds. This
stock has consequently risen 1 per cent., and the
foreign market generally is firmer than it was at
an earlier period of the day. The funds are sup-
ported at the recovery which took place yesterday
afternoon. Home railway stocks are quiet.
Consols are now quoted 91 to 1, ex div., both
for money and next Thursday's settlement, and 91;
to i for the 4th of Feb. The official business report
is as follows :-Three per Cent. Console, for money,
91, 901, 911; ditto, for account, 911, 91; Three
per Cents. Reduced, 91, poi, 91; ; New Three
per Cents., 91, 901, 911 ; India stock, shut ;
ditto Five per Cent. Stock, 1061, t ; ditto Four
per Cent., 1002 ; and Exchequer Bills, 2s. dis.
In the foreign stock market attention has been
mainly directed to Mexican Bonds, which
have been largely bought, and have riser(
1 per cent. Most other stocks are now
firmer than they were in the morning,
yet no better than yesterday. Some of the pre-
sent quotations are annexed. Turkish 1854
Loan, 891 to 901; ditto, 1858, 692 to 70 ;
ditto, 1862, 671 to ex div. ; the Con-
solidda, 47/ to 1; Greek, 231 to 24j ; Mexican,
37 to ; and Spanish Passive, 331 to 342.
Transactions are recorded as follows :-Brazilian
Old Five per Cents, 1901 ; ditto 1852, 1858, 1860,
88, 87 ; ditto 1863, scrip, a dis. ; Dutch Two-and-
a-Half per Cents., Gil!, ex div. ; ditto Cer-
tificates, 101/ ; Greek, for account, 231, a,
241 ; ditto Coupons, for account, 11,1., 101 ;
Italian, for account, 671, ex div. ; ditto
Marenimana Railway, 77/, ex div. ; Mexican,
for account, 361, 1, 37 ; Peruviar, 1862,
for account, &51, 86, 85/,t, ex div. ; Portuguese,
1856, &c., 47g, ex air. ; ditto, for account,
471 ; Russian, 1822, 92 ; ditto 1862, 89!„ ;
Spanish Passive, for account, 34 ; ditto
Certificates, for account, 14, 1 ; Turkish, 1858, (19a;
ditto for account, 70; ditto 100/. Bonds, 73x;
ditto 1862, for account, 671, ex div. ; ditto Gua-
ranteed, 102.
International Financial shares are quoted 41
to 5 prem. ; General Credit, 21 to 1 prem. ; Lon-
don Financial, 91, to 1! prem. ; Hudson's Bay,
171 to a, ex div. ; Etyptian Trading, 11 to 2
prem. ; Merchant Banking, 3.T. to 41 preen. ;
Land Mortgage Bank of India, 21 to 1 preni.;
English and Swedish Bank, 11 to 2 prem. ;
East London Bank, 21 to 1 prem. ; Consolidated
Discount Company, 1 to 1 prem. ; \Vest India
and Pacific Steam, 2 to 1 prem. ; Mauritius
Laud Credit and Mortgage, 11 to 3 prem. ; 31er-
cautile Credit, 4 to t; prem. ; Discount Corporation,
4to / prem. ; and Nati 'nal Steam, to 1 prem.

The accounts from Paris affirm that the flow of
gold from the Bank of France continues, and that
the total of coin and bullion held by that estab-
lishment is now reduced to 7,040,0001. Accord-
ingly, the gold imported iutu this country is now
being swept off for the Continent as fast as it
arrives. It is further nuderstood that shipments
of gold from England to Egypt and Brazil are likely
to be shortly resumed.
Althoughyeaterday was the 4th of the month the
demand for money, both a: the Bank of England and
in the general market, did not exceed moderate
proportions. The terms for good bills were Gi to
7 per cent., and six mouths paper was taken at
Attention is beginning to be directed to the ap-
proaching repayment of the advances recently made
by the Bank, which will commence on Thursday,
the 7th, but on the following day (Friday) the
dividends become payable, and this will obviate
the pressure which might otherwise arise.
Only 3,000/. in gold was sent into the Bank yester-
day. The demand fur the Cortinent continues,
and the whole of the recent arrivals have been
taken for exportation, with the exception of the
242,0001. by the Shannon, from the West Indies,
which has yet to be delivered to the bullion brokers.
Of the 194,800 f. by the Etna, from New York,
about 10,0001. was bought to be sent back to that
Port.
The Pera took yesterday 80,0781. in specie for the
East, of which 37,0::;:g. is gold awl the rest silver.
£15,000 of the gull fur -41czandria, and 21,0001.
fur Calcutta. The bulk of the silver is for
Shanghae.
The Committee of the Stock Exchange bare ap-
pointed Friday next a special settling day in the
shares of the following companies—viz. : National
Bank of Liverpool (Limited), new shares, to be
marked ; Lundy Granite Company (Limited), Star
and Garter Hotel Company (Limited), both of
which latter are to be marked in the twice a week
list. _ _

The South Eastern Railway traffic return shows
this week au increase of 13/. over last year ; and
the Brighton a decrease of 1414
The receipts of the Great Western Railway of
Canada for the week ending the 18th December
were 11,1627., being 131/. less than for the corre-
sponding week of the previous year.
The receipts of the Grand Trunk Railway of
Canada for the week ending the 12th December
were 21,522/. sterling, being 1737. more than in the
corresponding week of the previous year.
A general meeting of the shareholders of the
Bank of Loudon is convened for the 21st January,
when an increased dividend is expected to be de-
clared. _ .

The General Floating Dark Company (Limited)
have announced that tad allotment of the shares is
postponed until Wednesday next, owing to the
unavoidable detention of the chairman and direc-
tors in France, where they are engaged on the busi-
ness of the company.
We are informed that a new line of strain ships
between Liverpool and Montreal is about to be
established, a company having been formed in the
latter city for the purpose with a capital of half a
million sterling. It is proposed to run a weekly
line to Livervail, and a fortnightly or mi:tidy line
to Loudon, and rice r• rod. Competing lines already
exist between Glasgow and Montreal, which, whilst
working without any subsidy, are said to be thriving
concerns ; but between Liverpool and Montreal—
• route on which there is much larger traffic
—there has been only tea., hue. The business
community of Montreal are stated to sup-
port the project warmly, feeling the need
of additional facilities of communication with the
mother country. The following is from the Mon-
treal Witinn;:—" Owing to this monopoly, rates
of freight have been unduly high, and great deten-
tion has often occurred in the shipment of goods.
Some of our importing houses, indeed, find it more
advantageous to order goods from Loudon to Glas-
gow for shipment, than to Liverpool • and some
Upper Canada houses Lave imported vi:llNew York.
That the chief commercial route of Cauada should
be left permanently under the sole control of one
firm is out of the question ; and the only wonder
is that some such movement as the present has
not taken lace earlier. We have over and over
u again the importance to Canada of compet-
ing lines.

MONDAT ETI2IING.

Consols, which closed on Saturday at 901 to 91,
both for money and next Thursday's settlement,
opened this morning at the nine quotation, fell
to 901 to and closed at 91 to 1. For the 4th
February the last price was 911 to 1. The official
business report is as follows : —Three per Cent.
Consols, for money, 91, 901, ; ditto, for account,
90k, 91, 901, e, 1 ; Three per Cents. Reduced, 91,

901, 7 ; New Three per Cents., 901' 01, 901,
New Two-and-a-dalf per Ceuta., 741; India
shut • ditto Five per Cent., 1064 ; ditto Four pee
Cent., Debentures, 994; ditto Bonds, 35. prem.
The India Five per Cent. stock remains steady.
Exchequer Bills were unaltered, at 7s. to 2s. die.
In the foreign stock market prices in some in-
stances were higher, and in others lower. The
principal business was in Mexican Bonds, whick
opened at an advance, the statement that the
Archduke Maximilian will soon take his departure
' for his kingdo:u being renewed.
In the market for bank shares an improvement
took place to-day in City Bank, Chartered Bank of
India, Austral:a, and China, London and County,
London and 16.:ath American, and Union Bank of
London ; but Aniance Bank, Consolidated, Bank
of Hindustan, Imperial Ottoman, London v.nd Bra-
zilian, and Ang:o-Austrian Bank were all flatter_
The latter fen to g prem., "sellers," and closed at
to f: prem. Discount Corporation, Royal Mail
Steam, Orieuta: Inland Steam, and St. Katharico
Dock stocks were all inquired for, while National
Steam and tLe hares of the Company of African
Merchants were flat. _ _ .

-------
The shares of the financial companies were
steady. International closed at 41 to 5 prem.;
General Credit, at nto n prem., beings little
flatter; Lot :do Financial, at 94 to g prem., being
firmer; and Mercluitile Credit, at 4k to 51 prem.
Hudson's Lai r ere 2s. thl. lower, at 1 3 to
ex div.
Ocean Marine shares were last quoted today
14/ to 151 prem. ; Thames and Mersey Marine, 51
to g prem. ; Universal Marine, kto prem. ;
Commercial Union Assurance, 35 to 4 ;
North British ar.d Mercantile Insurance, IS to 5.
English and Swedish Bank shares were last quoted
15 to 2 prem. ; Land Mortgage Bank of India,
2t to 2} prem. ; Wed India and Pacific Steam,
2 to 25 prem. ; Contract Corporation, 25 to 3 prem. ;
Merchant Bail k, 41 to II prem. ; Discount Corpo-
ration, 31 to 4t prem. ; Consolidated Discornt, j
to 1 prem. ; Mauritius Land Credit, 11 to I
prem. ; National and Provincial Bread, 1 to II
prem. ; and latish and Foreign Contract, 1 to
2 prem.

MIN ES.-{THIS DAYJ

Two o'Cio,:i.

The mining market is steady to-day, with a fair
amount of Lusium East Caradon and Wheal
Seton share-. ..owever, are rather Hatter, the
former at 27 t 1, and the latter at 1471 to 152 i.
Chivertou hive aiso receded 54., the present quota-
tion being 11 to L Ou the other baud, North
Crofty have init:rot-Z.ll to 51 to 0. Kest Russell
are quoted 5 t n. In the Stock Exchange Great
NViteal War Lave slanged halals at 14, and West
Chivorton at 56.
Cobre C.,p;:er 31ining shares are in demand:
transactions are recorded at h 3, 327,, and 331 ;
Yudanamutana are also inquired for.
A new Chelan Mining Company, formed under
unusually respectable auspices, is announced
uuder the tide of the Panulcillo Copper Company
(Limited). Ti.e proposed capital is 200,0001.
in 50,t5.10 shares of 4!. eacb. The directors
are:—Mr. .7. Pender, BLP., of Manchester; Mr.
It. D. Heathy, of Great Winchester-street ; Mr.
Thomas Augustus Gibb, of Old Broad-street; Mr.
Edward Johnston, of Great St. Helen's ; Mr.
James Andrew, of Liverpool ; and Mr. Francis J.
Johnston, of Liverpool. The solicitors are Alessi's.
Bircliam, Dalrymple, Drake, and Ward, and the
brokers Messrs. Hill, Fawcett, and Hill. The
copper mine which it is proposed to purchase and
work i,s situated shout 43 miles from the port of
Ceqiiitubo. F. r I."J utiles of this distance there is
railway communication, which will shortly be ex-
tended to the and materially diminish the
cost ..1 transport. The mice is iu many respects
remarkable, being believed to be it:exhaustible, aud
yielding no less than 28,000 to 30,000 tons of clean
ore annually. The lode it ao much as ItO feet,
wide, awl the cost of extraction is stated to be
onlysbout per ton. Seven f nruaces are already
at work. TLe company is to acquire the
mine, together with tl.e tramways, roads, houses,
plant, fie., for 1211.000 h, of which 40,0001. is to be
taken in shares (viz., 10,(W FlLires with 21. 10s.
paid) and 80,1:00!. in cash, payable by instalments
out of the cal.-. The remuneration to the directors
is to consist c: 1) per cent. in the net profits after
payment of o per cent. on the paid-up capital,
and after settii.,; aside 10 per cent. of the net pro-
fits towards a re-erre fund. A large number of the
shares are already subscribed for.

COMMERCIAL AHD MARKETS

LIVERPOOL COTTON & CORN MA RKETb.

• ____ _ _
(ran DAY.)
(at nocrucy AND nrroisAnosAL Twin Ara.)
(rßox ova cnvx cJeatcspoyums.)

Corros st;adv. aud traturations probably 6,000 }laic'.
CORN. —Whe: t fair demand at 2.1. per ceatsi advance.
Flour fair request, at lid. to 1.. over Tue.day'a
prices ; gord I ugi rem. doing ; awl in Indian corn uu advance.
of Is. to 6d. Ei?pt:an boom h:CIAIy. Oats and oatmeal
quiet.

MINCING LANE.—(THIS DAY.)
SCGAR.—The rev-kilt has opened very steadily at timfoll
prices piid it the ehi.e to • slight advance; 100 toes el
elayed Missals saki at els. 9d.. 'using advance no pre-
vious prices. and at oolitic rase maks of Barbados.;
went off freely at 4:e.. 6.1. to 4iis. ReSned : Mire are
but few sellers of low luny. at 3,35. TIN market in conse-
quence is firm.
Coerce.—The parcels of Ceylon brought to public sale are
progressing steadO.y at full prices.
Tea.—The limited demand is chiefly roamed to medium
blackish leaf and &thaw ; Cangous, former prices are main-
tidied.
Frirrr.—The =arket Is firm, but there is not much basi-
Dees doing.
Hier AND Rl4.—Na sales reported.
SA:.TPETHE is dull of saki, Asa to effect sales lower prices
would have to In suleuitted to.
CorroN continues in active re• uest. prices show a further
adraoce of Id. per lb. ; the total sales yesterday veto 4,700
bales
deer:.—Bn•ilielm has here done for arrival at previous
prices ; as the spot nothing done.

TALLOW DTARKEY.—(THIS DAY.)
The market is steAr at the following prices :—Town
tallow. 40s. 13,1., net cash ; P.ter•burr. V.P. as the qet•
451. 3d. ; Marels. V.v. to 435. 3.1.; April to Jnoe. 435.64.;
October to Detecr.l. zr, 435. to Cis. W.

SMITHFIELD IIAY mAnKET.--(TRIS DAT.)
Me.Ars. Harvey and Easton report a moderato supply.
Trade dull, at last day's prices.

PROVISVIAL SHARE HAREM'S.

Liervisonta lie. 4 —Sales to-6;y • Lanewhire and l'inkedre,
1161—London and Nn:. !) Western. 17.77 7—Maiichester.Flo:fllel4
and Lincolnshire, 71—North British. 544—N. rth Ea-tern 424
Pservi.iii Carlisle . —North stalonlshire. ;Al—Routh lastern.
PSI 7—L.2.,:oter and !Pi—London and N.rb 11
(Merthyr iced. and Abergavenny , Luxci.-lasurs
shares. 'Ever per C. :as.. 84 51
647 4—British and A. Exchange Banking Cts.nee.y, 5 p.,—Mer-
cruitde and Exehni at- rank 41 I.IC 4 ,n. p.— Nsitionst
Ink .4 Lir: mon! sol new at pto .9 p.— 11blon
slarine Lintite.l . 1 1".•141 p —Pritish and Forvign Barlow
.Lirnited , 3:'.1.: 2 1:.1.:•: p—lnsilre Marine !Limited`. 914 p.
—Liverpool and Lanien lire and Life. 11 p.—lleriguitile Marine,
; 11.16 p.—Wieen Its.irance, 1 5.1.; p.—Royal Insurn.ee, p.
—Union Min.,. . p 1 Exchange. IJ Na-
tional Stearn N.t1i4z0'..,0 Con,pany, 13.5. 1.1,1 p.
RI klliSmisv, J AN. 4. —The salts in this 'market to-day wen
Shropshire l'ition at 49: South StanneAshire
share,. at 111 : tent Birmingham Canal. at 144: Birmingham
I; ot.ranteed stock was quoted at 77 tato, and Birmingham Air
p.ir (lent. Stock. at 1.:.4 to 140: nostril Valley. 17 to 171 Bir-
mingham Bank.ug company slimes. at 271 to Shroliebiris
Bank. at 41 to 41 . and Finsign 1 hint shafts. at Ii
buyer: and Munt...'s Nietal Company si.trt-.. at j to 1 dk.
IlAnctitsTrn. JAII, 4.—A fair Wan.o at lower priers. Groat
Liereints.nig, 14 1-16 12—Greeks, 24 34—(rest western. 01 at;
—Lgucasinrs. and Yotkahire, 111/ —Now ditto, 44 per mat.
prat All p —London and North Western. 1074 4
Manehester and Co ley Beak, 4; r. Sin ilisld, amid
lei ~l.:udllablie. .1 , ;—Metrop..l!t.,n, 111 101 4-- 11..kleatis. sot
6 54—Midland. 129. - Routh Vsslein. nt: 6--gam at Passives.
341—Thamos and I.irsey lc wailer. p
lintel, 15-10 p. Ifir.ilett and l'alc•ionian Marine, 1 p.—Loudon
and South Western. 104—National Steam, 11.10 p. 1314 p.—
Rudman'. Bay, 171-I"6ruesa, 6 par sent.. 132.

THE LATE FIRE IN TEE CITY.—The Court
..rosraof comments upon the extraordinary .14lay of
promptitude with which ono of the largest Gram that
suffered by the late are in the City righted &wit. Messrs.
Great, at Clement's-court, were in cinders one day, and hid
not employment, upparestly, for tee of the huadrecla of
people who sought their daily bread front there ;
yet, within two &la after. the inat.i.imery was set going.
sod industry, burnt out and di.Vacod, was resealed and set
going in its old and beaten track. The firm also paid their
people for the time they were throws out of employ.