The Express.
London, England, 1863-05-14 00:00:00

MONEY MARKET.-(THIS DAY.)

Two oTwoz.

The funds to-day are unaltered, at the closing
quotations of yesterday. The attention of the
members of the Stock Exchange is almost excln.
sively occupied with the settlement in shares and
foreign stocks. English railways, however, have
again improved. Foreign stocks retain steadiness.
_ _

The result of the deliberations of the Bank of
England directors is looked for with much interest.
This being Ascension-day, the weekly board at the
Bank, according to an old custom, does not meet
until 2 o'clock.

This being Ascension-day, the Paris Bonne is
closed.

The scrip of the Confederate Loan is rather
firmer, at 3to 2 dis. On the other hand, Turkish
is somewhat lower, at le to 2 prem., and Italian
at 11 to 2 prem.

Consols are now quoted 934 to 4, cum div.,
for money, and 92 to 4, ex div., for the ac-
count (June 9). The official business report is as
follows :-Three per Cent. Consols, for money, 934,
; Three per Cents. Reduced, 914, f, 4 ; New
Three per Cents., 914, 4 ; India Stock, 232 ; ditto
Five per Cent. Stock, 110, 1094 ; Four per Cent.,
" enfaced" rupee paper, 98 ; ditto Five per Cent.,
1074 ; and Exchequer Bills, is. to 4s. dia., par.
The transactions in foreign stocks have been
upon a leas active scale, owing to the absorption of
attention in the settlement. Spanish Passive
Bonds and the Russian Loan of 1862 are heavy,
but other securities are supported at yes-
terday's quotations. Some of the present
quotations are annexed : - Turkish, 1854,
Loan, Mite 89 ; ditto, 1858, 704 to 71; ditto, 1862,
714 to 72 ; the Consolid‘s, 51 to 4, ex div.,
being slightly better; and Greek, 324 to 4.
Transactions are recorded as follows :-Brazilian,
1839 and 1859, 1004 ; Egyptian, 1004 ; Greek,
324 ; ditto, for account, 323, I, 4 ; ditto
Coupons, 154 ; Italian (Maremmana Railway),
80; Mexican, 364; ditto, for account, 37,
364 ; New Granada Deferred, 94, 104, ex
div. ; ditto Land Warrant. (Hectares), 74 ; Peruvian,
1862, 89 ; Portuguese, 1862, 494 ; Russian,
1822, 95 ; ditto, 1850, 904 ; ditto, 1862, 924,
4, ex div. ; Spanish, 544 ; ditto New
Deferred, for account, 484 ; ditto Passive, 35 ;
ditto, for account, 351, 4, 35 ; ditto Certifi-
cates, 124, 4, 4 ; Turkish, 1854, 89; ditto,
1858, 704, 4 ; ditto for account, 704 ; ditto, 1862,
714, 724 ; ditto, for account, 714, 4, 4 ; Vene-
zuela, 1862, 531, ex div.

The shares of the International Financial Society
are again rather lower, at 6to 7 prem. Those of
the Loudon Financial Association are steady, at
i to li prem.

HALr-rusr Two.

After a short deliberation the directors of the
Bank of England have notified that no alteration
is made to-day in their minimum rate of discount,
which therefore remains at 3 per cent.

The steamer La Plata has arrived from the West
Indies with 230,0001. in specie.

The amount of government bills on India for
which tenders will be received at the Bank of
England on Wednesday next is rupees 30,00,000
(300,0C0L ).

The notes of Messrs. Morgan and Adams, private
bankers, of Rose and Hereford, were returned yes-
terday by their London agents. The fixed issue of
this bank, which was established in 1820, is 27,6251.
With regard to the new International Financial
Society, up to Tuesday the 40,000 shares reserved
for allotment amongst the public had been applied
for four times over, and a further heavy amount of
subscriptions was received yesterday, including
several thousand shares on foreign account. The
advices from Paris indicate that very large applica-
tions are likely to be lodged from the continent.
The influential character of the combination which
has been effected is now becoming more fully
recognised, and many of the leading houses
in the City who are not included in
the direction evince • disposition to take a con-
siderable stake iu the enterprise. The list closed
to-day (Thursday) at noon. The labour in-
volved in dealing with so large a mass of applies-
tions will be diminished through the circumstance
that no deposit having been required froesub-
scribers, it will probably not be considered ueces-
sexy to issue " letters of regret."

At Paris the shares of the Cr‘dit Mobilier So-
ciety continue to advance, and have now reached
1,441 f. per 500 f.
The London and North Western Railway traffic
return shows this week an increase of 10,5591.,
compared with last year ; the London and South
Western an increase of 3,0291. ; and the Great
Eastern a decrease of 1,214/.
We are authorised to state that the directors of
the Chartered Bank of India, Australia, and China
have made arrangements for opening forthwith a
branch at Batavia.

Mr. Robert Henry Williams, late of the Metro-
politan cud Provincial Bank (Limited), and formerly
of the Union Bank of London, has been appointed
London manager of the Mercantile and Exchange
Bank (Limited), which will commence London busi-
ness at its temporary offices, 41, Mincing-lane, on
the 18th inst.

At the annual meeting of the Universal Life As-
surance Society, held yesterday, the report showed
that the number of new policies issued during the
past year was 237, the premiums on which were
6,72 W. 17s. 3d. The total number of policies
issued from the commencement of the society is
7,842, insuring 6,848,1811. The total amount of
premiums received is 1,878,3241. A reduction of
47i per cent. on all premiums entitled to partici-
pate, was declared, and a dividend of 11. I9s. per
share, in addition to the 10a. per share due on 31st
December.

-------.
A general meeting of the Malts and Mediterra-
nean Gas Company (Limited) is called for the 27th
inst., wben a dividend is to be recommended. The
moeting will then be made special, to authorise
certain alterations in the deed of settlement. _ _

A general meeting of the Great Barrier Land,
Harbour, and Mining Company (Limited) is called
for the 29th inst.

Certificates for the shares allotted in the Subur-
ban Hotel Company (Limited) are'to be ready
for delivery on the 27th inst.
We are requested to state that the share list of
the London Bank of Scotland will be closed for
London on Saturday, the 16th inst., and to appli-
cants from the provinces and Scotland on the 21st.
Subjoined are the quotations of insurance, gas,
dock, and other shares, as given in the last Stock
Exchange list :
Inouranoe.—Eagle. ; Marine. 100 ; North British and
Mercantile, 174 ; Oman Marina 151 ; Oriental and General
Marine. 31,1 ; Pbnmis, 147 ex div.; Roral Exchange, 300.
Osalight and Coka—Commercial, 47, 61 ; European.
sew, 6 ; Great Central. 19 ; bnperial, 881 ; Imperial Conti-
motel, 72 ; Mona, 99; Westminster Chartered, saw, 411.
Docks. —East sad Wed India, 143 ; London, 581, 7, 81;
St. Katharine, 561, 7,1; Southampton, 651, 5.
Osnals.—Grand Junction. 761 ; Kennet and Avon (gar
ranted by Great Western Railway), 64 ; Regent's (or Lon
don), 241. 1.
Waterworks.—Berlin, 81, 9, 81, ; Grand Junction, 761.
- •

With reference to the market for American secu-
rities, Mr. E. F. Satterthwaite remarks as follows:

We have to report a oontinuaooe of the firmnaw we last
week noticed io the market io London for American MCII.
cities. The principal demand is for Erie and Illinois shares.
both of which have rims 2 dole. per share. The demand
for uneedoesed United States Ikeda still continues ; they
close firm at 66 for the Six per Cent. (1881). sod 62 for the
Five per Cent. (1874). In railroad bonds but little business
has been done, except in atlantic and Great Western (Penn-
sylvania Section) First Mortgage, three have advanced 1
per cent.
The Blenheim has arrived from China with
470,0001b5. of tea ; and the Water Lily, from
flansjawa, Japan, with 80,6401ba. of tea and 1,200
bales of silk. This is the first ship that has brought
so large a quantity of silk from Japan.