The Express.
London, England, 1862-08-01 00:00:00

MONEY MARKET.- (THIS DAY.)

Two o'Ctocx.
The stock markets to-day are heavy, and an
unfavourable reaction has occurred in prices.
The funds have fallen k per mat, and
several of the principal English railways
per cent. In foreign stocks (with the
exception of Egyptian) there is likewise dimi-
nished buoyancy, owing to the rapidity of the pew
issues. _ .

---
The India Five per Cent. Stock is quoted 1084
to A, being lower.
The scrip of the new Peruvian Loan is quoted
21 to 31 pram., and that of the Venezuela Loan,
21 to h prem. Portuguese Loan scrip has fallen
to 21 to 21 prem.
Consols are officially marked 941, I, 94, and
934, for money, and 941 and 931 for
the account. The present quotation is
94 to 94, both for cash and the 7th
instant The official business report is as
follows :-Bank Stock, 2391, 238, 240 ; Three
per Cents. Reduced, 941, 4, 94, 931 ; New Three
per Cents., 941, 1, 94, 931; India Five
per Cent. Stock, 1084, 4, 1 ; ditto Four
per Cent. Debentures, 1863, 101; Five per Cent.
" enfaced " rupee paper, 1041 ; ditto Five-and-s-
Half per Cent., 1101, 11l ; Exchequer Bills, 254.,
285., 275. prem.
The transactions in foreign stocks have been
lees active than of late, but still numer-
ous. The most buoyant stock in this de-
partment is again Egyptian. The old stock
after being marked as high as 141 prem., is now
quoted 131 to 141. The new issue is quoted
Bto 10 prem. Italian Five per Cents. and old
Venezuela Bonds are rather more offered. Spanish
Certificates, Russian scrip, and Mexican Bonds have
met with inquiry. The new Turkish Loan (scrip)
is quoted 31 to 34 prem. ; the Turkish Bonds of
1864, 861 to 87 ; and that of 1858, 764 to 4.
Transactions are recorded as follows :-Ans-
trian Five per Cents., 68 (exchange 126.) ; Dutch
Four per Cent. Certificates, 1014 ; Egyptian
Seven per Cents., scrip, 14, 4, 131, 144 • prem. ;
ditto paid up scrip, 96, 96, 961, 96, 97 ; lalian
Five per Cents., 721, 4,1, 711, (each., 25fr.) ; ditto
Maremmana Railway 744 ; Mexican Three per
Cents., for amount, 284, 1 ; New Granada Active,
91 ; Peruvian Three per Cents., 90 ; Portuguese
Three per Cents., 1863, 474 ; Russian Three per
Cents., 1859, 60 ; ditto Five per Cents., 1862,
scrip, 1 prem. ; Spanish Three per Cents., for
account, 661 ; the Committee's Certificates, 91 ;
Turkish Six per Cents., 1864, 87, 861 ; ditto for
account, 861, ; ditto Six per Cents., 1858, for ac-
count, 751, 4 ; ditto 1001. Bonds, 751 ; ditto Six
per Cents., 1862, scrip, 31 prem. ; ditto paid up
scrip, 711, 4, ; Venezuela Three per Ceuta.,
for account, 28, 1, 271 ; ditto One-and-a-Half per'
Cents., 14.
There was a better demand for money yesterday,
and though transactions in good bills occurred in
the open market at le to 14 per cent., the applica-
tions at the Bank of England were to a fair extent.
The Sinking Fund of the Chilian Four-and-a-
Half per Cent. Loan of 1858 has been increased
from to 1 per cent.
There were no bullion operations at the Bank
yesterday.
The Eastern Counties Railway traffic return shows
this week an increase of 3,127/. ; the Great North-
ern, an increase of 3,6841. ; the Manchester,
Sheffield, and Lincolnshire, a decrease of 1,1281.;
the Midland, an increase of 1,9331.; the North
Eastern, a decrease of 2211.; the Lancashire and
Yorkshire, a decrease of 4,5581.; and the Great
Western, an increase of 8,0471.
We are requested to state that the differences
regarding the agency in this country for the Ha-
vannah and Marianas Railway Loan have boon
amicably arranged, and the first mortgage bonds,
bearing interest at 7 per cent., will now be offered
to the public by the agents for the company-
Messrs. Cavan, Lubbock, and Co.
The Madras Railway Company have paid into
the Bank of England since the 22nd July to the
credit of the Secretary of State for India in Council
the further sum of 92,3801. on account of the fifth
extension capital of the company.
The sum of 168,7191. has been paid up to this
date to the credit of the Secretary of State for
India in Council on account of capital of the Delhi
Railway.
The directors of the Bank of British Columbia
have made a call of Si. per share, payable on the
11th August.
Shareholders in the Union Bank of Ireland
(Limited) are required to sign the articles of mod-
ation. The share certificates will thereupon be
ready for delivery.
The report of the directors of the Westminster
Palace Hotel Company, to be presented at the half-
yearly meeting on Monday next, congratulates the'
shareholders on the steadily increasing business of
the hotel. The following are extracts of this
document :
The gross receipts for the tali-year ended June 30th base
been 19,9131. 13s. ld. ; the expeeditere be. been
12,4921. 18e, and there remains as net profit 7,4204 17s. 14.,
which, after deducting 6251. interest on debenture loan,
will, with the sum of 1,0781. 6s. carried over after raying I
the last dividend, leave 7,874/. 3s. ld. to the credit arthe
profit and loss account. The directors have determined, I
with the sanction of the shareholders, to declare a dividend
for the half-year at the rate of 8 per centum per annum,
and to carry over to next half-year the sum of 7791. ss. sd.
The whole of the 30,0001. (new capital) has been paid up
with the exception of 3061. 13s. 4d.
It is stated that the subscriptions for the shares
in the Bank of Queensland are very numerous.
At Paris, where upwards of 20,000 shares in the
Algerian Cotton Company have been subscribed
for, the direction of the undertaking hen been
strengthened by the addition of the undermentioned
gentlemen, viz., M. Le Duc de Valmy, M. Le
Comte D'Hauterive, and M. Roux De Clansayes.
The third series of colonial wool sales for the
present year commenced yesterday. The catalogue
comprised the following :-1,319 bales Sydney, 978
bales Port Philip, 475 bales New Zealand, 279
bales Van Diemen's Land, 67 bales Adelaide-
total, 3,118 bales. The attendance of buyers is
reported by Messrs. Richard Dutton and Son as
large, and the biddinge spirited, and the prices of
the last sales are well supported. The present se-
ries will continue until the 11th of September,
and the quantity arrived to this date is as follows :
-Sydney, 31,434 hales ; Victoria, 25,696 bales
Van Diemen's Land, 9,792 bales ; Adelaide, 9,173
bales ; New Zealand, 15,800 bales ; Swan River,
114 bales ; Cape of Good Hope, 15,206 bales-
total, 107,215 bales.
The Castle Eden has been taken up for the con-
veyance of passengers to Adelaide.
The return of the Bank of England for the week
ending Wednesday, July 30, compared with that
for the previous week, shows the following changes :
Circulation isms E32,215,130 Increase E 359,915
Circulation active
Public dermas 5,896,840 Inerease 804.827
Other deposits
Government securities in
banking department
Other securities in banking
department
Coin and bullion in both
department 18,448,443 Immo, 387,828
Seven day and other bills 740.901 Immo 1,453
The Rest
Notes in reserve
Total reserve (notes Stools
Is banking department). 10,906,308 Drenthe 398,748
The Bank's resources are still being added to.
Both the reserve and the bullion have again in-
creased.

SANK OP INOLLIIID.—An Amount rent to the Ate Itk
led Mt Vie.. C. IS. for the week abaftoa We.lase6ty, Jolly
Ile, UAL

Vales laud L74 f i 6,130 &nemNM debt.. 811.111411111
Other esowitlee.... 4014,130
eela mad bel-
lies