The Express.
London, England, 1863-05-02 00:00:00

MONEY MARKET.-(THI6 DAY.)

Two dews..

The stock marketa to-day are decidedly buoyant,
money being abundant and cheap, and the
weather very fine, and a more favourable
view being taken of the immediate
course of foreign politics. Tne funds have again
risen I per cent., and most of the principal English
railways have advanced. Foreign stocks, however,
continue to show more buoyancy than any other
class of securities.

The scrip of the Confederate Loan has improved
to if to 21 prem., while that of the Italian Loan
is rather flatter, at if to 2 prem. The scrip of the
Turkish Loan is quiet, at If to If prem.
At Paris to-day, according to Mr. Renter's tele-
gram, the Three per Cent. Reutes opened at 69fr.
66c., being I per cent. better than yesterday.
Consols are now quoted 931 to f both for money
and the account (May 7). The official business re-
port is as follows :—Tbree per Cent. Consols, for
money, 93g, I, f ; ditto, for account, 93g, 1 ;
Three per Cents. Reduced, 911, f, 92 ; New
Three per Cents., 911, f, 92 ; 30 Years
Annuities, 1885, 14 15-16 ; Red Sea Telegraph,
21 9-16 ; Bank Stock, 235; India }lre per Cent.
Stock, 1091, 110, 1091 ; ditto, for account, 1091 ;
ditto Bonds, 17e., 21s. pram. ; and Exchequer Bills,
, ss. prem.

Foreign stocks are in great demand, and are
rising rapidly. A further great advance Las
taken place in Spanish Passive Bonds, which are
last marked 361. New Grenadian, Mexi-
can and Portuguese Bonds of 1862,
are all materially higher. The Turkish Loans of
1858 and 1862 have risen to per cent., the
Consolidde, 1 per coat, and Greek, 1. The
Turkish Bonds of 1854 are now quoted
87 to 88 ; ditto, 1858, 69i to 1 ;
ditto 1862, 701 to 711 ; the Consolid‘s, 491 to 50 ;
and Greek, 291 to 1. Transactions are recorded as
' follows :-Brazilian, 1001 ; ditto, 1852, 1858, 1860,
931 ; Dutch, 641, 65 ; Equador, 17 ; Egyptian, 99 ;
Greek, 291, 1, 3 ; ditto Coupons, 141, 1, 1 ; Italian,
for account. 711, 1 ; ditto Maremmana Railway,
771; Mexican, for account, 351,1, 1 ; New Granada,
161, 1,1, 1, 17 ; ditto Two per Cents.,
33, 34 ; ditto Deferred, 91, 10, 91, 10 ; ditto
Land Warrants (Hectares), 61, 71 ; Portuguese,
1856, 1857, 1859, and 1860, 481, 1, 3 ; Rus-
sian, 1822, 951 ; ditto, 1862, 931 ; Sardinian,
for account, 871, 1; Spanish, for account, ;
ditto Passive, 351, 361, 351, 361 ; ditto Certi-
ficates, 111, 3 ; Turkish, 1858, 691 ; ditto
for account, 691, 1, 70; ditto, 1862, 711, 72 ; ditto
for account, 711, 1, 703, 711 ; ditto Guaranteed,
1021.
The shares of the London Financial Association
are now quoted 21 to 3 prem.
The following notice has been issued this day
from the Bank of England :

Bank of Bagkod, May 2, 1863..

NOTICE is grainy GPM, that in order to prepare the
dividends due on the sth July, 1863, the balances of the
several amounts in the following funds will be struck on
the night of Monday, the Ist June, 1863, via :
31. per Cent. Consolidated Annuities.
New Si. per Cent. Annuities.
New 31. 10e. per Cent. Annuities, 1854.
New 21.10. per Cent Annuities.
Annuities for terms of years.
India 51. per Cent. Stock.
Oa Tuesday, the 2nd Jane, the above-named funds wall
be tasinfeasbls without the dividend due on the sth July
next.

RANT INDIA STOCK.
Elhat..—Friday, June 12,1863.
Open.— 7, July 7,1863.

Haxr-ranr Two o'CLoox.
COO/4018 close at 934 to both for money and the
7th of May.
At Paris the rate of discount in the open
market is 34 per cent. ; Vienna, 5; Hamburg,
24; Turin, 41; Frankfort, 24; Amsterdam, 4;
Berlin, 3i; Brussels, 3; and St. Petersburg, 5 per
cent.
About 90,0001. in gold was sent into the Bank
yesterday.
There is some inquiry for gold for exportation to
the Continent, in consequence of the less favourable
tendency of the exchanges.
The steamer Atrato will take to-day 16,441/.
in gold, and 1591. in silver, for the West Indies.
The steamer Ceylon will take on the 4th instant
only 43,4241. in specie for the East, of which 1,3301.
is gold, and thereat silver. Nearly the whole is for
the Straits and China, the amount for India being
only 1,3301.
The bar silver by the Shannon, from the West
Indies, was sold yesterday for Holland, at se. lid. Per
ounce, showing a fractional advance. The drooping
tendency of the continental exchanges contributes to
give firmness to the silver market. The Mexican
dollars have not yet been disposed of.
A meeting of the Spanish Certificate holders is
convened by the committee for Thursday next, at
the London Tavern, to consider the present state
of the question.
The subscriptions for the 20,000 shares of the
London Financial Association (Limited) have
already reached 22,000 shares. It is expected that
a notice respecting the closing of the list will be
issued early next week.
We have received a copy of the prospectus of the
Mercantile Union Assurance Company (Limited).
This is a reconstruction of a project which was re-
cently
brought forward for similar objects, lied
which achieved for itself some celebrity on the
Stock Exchange. On the present occasion, how-
ever, the objectionable elements appear to have
been studiously eliminated. In any case, the
establishment of the company seems to
be assured, as, in the event of the
response on the part of the public being less than
is anticipated, the directors and their friends have
already signified their intention of taking 7,000 or
8,000 shares out of the first issue of 10,000. The
board is a purely mercantile one, and its members
occupy a respectable position.
We understand that Mr. Septimus Ledward, of
the firm of Mather, Ledward, and Co., of Liver-
pool, has joined the direction of the Alliance Bank
of London and Liverpool.
From the fifth annual report of the directors of
the Chartered Mercantile Bank of India, London,
and China, to be submitted at the meeting on the
19th inst., we extract as follows :
The directors have the pleasure of preasoting to the
shareholders the audited balance-sheet and profit and loss
account of the bank for the year ended 31st Dec. last. I
After providing for all bad and doubtful debts, and de. I
fraying expense of management at all prints, the net profit
amounts to 94,2281. 14e. ld., to which has to be added a
sum of 401.151. Id. undivided profit brought forward from
the preceding year, reeking a total of 94.269/. 9s. 2d. Out
of the above total 50,0u0/. haa beer. paid in two half-yearly
dividends, making together 10 per cent. on the paid-up
capital of the bank. A further sum of 40,000/, hail been
added to the reserve fund. The noapproprinted
balance of 4,2694. 9a. 2d. is carried forward to
the profit and lees account of the current year.
The reserve fund now amounts to 100,0001., of which
60.0001. is inverted in Indian government securities as in-
timated in the last report, and it is the intention of the
court to invest the balance, 40,00 W., in public securitien
es opportunities offer. Arrangenieste have been made
with Charier Name, chartered accountant, Edie. ,
burgh, to act as asset for the bank there, for the receipt of
deposit money. and the conduct of such other business as re-
quired. The reserve fund being now completed to 20 per
east, on the paid-up capital of the bank, as required by the
deed of eettlement, and the badmen of the bank heg
largely extended, the shareholders will be invited to revise
clause 113, with a view to increase the remusentios at pre-
sent fixed for the directors.
The ninth annual meeting of the Briton Medical
and General Rife Association was held on the 30th
April, at 429, West Strand ; Dr. (I. H. Barlow
occupied the chair. The report was read by Mr.
John Moment, the secretary, and detailed the pro-
gress of the association during the past year. 2,810
ls had been received for assuring 653,238/ ;
124,Ze;olicies had been issued. The new income

wu 15275/. 13s. 6d.., being more than 50 per oeut.
over the income of the previous year 40,46%
4d. had been carried to the reserve fund.
Other proofs of progress were given, and the share
and policy holders present were much gratified at
the position which the society has attained. The
chairman lucidly explained the peculiar features of
the office, paying a tribute of respect to the medical
profession, and referring to the industry and
energy of their secretary, to whom the present
succesaof the institution is mainly due. A divi-
dend of 6 per cent. was declared.
The Caledonian Railway traffic return shows this
week au increase of 1,030/. over last year.
A general meeting of the shareholders in the
Italian Irrigation Canal Company is convened for
the 30th hut at Turin.
Vioe-Chancellor Kiudersley proposes, on the
Bth inst., to make a call of 5/. pershare on the con-
tributories of the British Provident Life and Fire
Assurance Society.

MINES.-(T1118 DAY.)

Two o'Cuxi.

The mining market is rather active today, with
an increased amount of business. East Basset shares
are in demand, and have improved 41. 10s., the
present quotation being 92 to 94. East Carsdon are
also rather better, at 40 to }, and Drakewalls are
inquired for. Wheel Seta), on the other hand, are
very heavy, and have declined to 255 to 260.
United Mexican Mining shares are still inquired
for. Yudanamutana are rather dull.
The directors of the St. John del Rey Mining
Company (Limited) have received, by telegram
from Lisbon, the following report, dated Morro
Velho, March,lB63 :—"Produce 22 days of March,
25,550 °Races ; yield, 6.445 per ton ; remittance,
81,506 thieves. All going on well."
The subjoined weekly summary of the metal
market is extracted from the circular of Messrs.
Von Dadehizen and North :
The position of the metal market remains much the same
as when we made our last report, business haring almost
come to a standetill during the last few love. la some
articles a little weakness is observable, alth oa the whole
priors are fairly maintained. Iron.—Walsh unaltered,
51. 10a. in Wales, and at from 61. to 61. 2s. 6d. f.o.b. hem
Staffordshire iron is in good demand at full pries. Septa
pip hare fluctuated slightly, closing at 51s. cash, with
strong market. Copper.—Both raw and mandates/el
is in very moderate demand ; a few Wes have
been made a little below official prices. y
is steady at for Burrs, 941.105. ; Bermuda, 951. ; Spe
861. to 871. ; Chili, 821. 75a.—There is a fair demand for
English at fired prises ; foreign b quiet, bat still firm.
We quote Straits =M., and Banca. 1281. 10e. The Dutch
market is steady at 760. Tin plats—Makers are fairly
supplied with orders, and adhere firmly to late quotation'.
Lead is dull ; good soft English, 201. 7e. ed. to 201. 10s.
L. 8., 20!. 15s. ; W. 8., TU. Spelter.—Some !maims bee
boon done bore at 171. 17e. 6d. to 181., at which there are
pollen. Hull parcels have realised the same price accord*
to brands ; W. 8., 181. 10s.

IMPERIAL PARLIAMENT.

HOUSE 07 LORD& —Fiuusy, 31Ay 1.
nig Lordship art at Ivo slob s&
PETITIONS PRESENTED.

the Fed of SHAFTESBURY preesetod a petition from
oink and from the Waimea of Church. lane Chapel,
Ilookary, in (avow of eking public-houses from 11 o'clock
en Saturday erasing MU six a blonds morning.
Lord CIIKLIMPOILD sad the Earl of HARROWSr resented
petitions having a similar object is view.
T. Earl of DEVON preseekd petition, against the
Ikea' Bill, and &plain the Abolition of Qualifications for
Oliroo Bill.

ladYONSOI preeented • petition from the Wesleyan
mealsodist oongregatieee of the Morton Oircuit against the
nate of into:Mahn &m en cm Sunday.

PRIVATE BUBINFIA

TYR following bills wee mad a third time and pared
Ringwood, eh:l4@March, and Bouromouth Railway ;
Bishop, Waltham Railway; Colas Valley and Halstead
Railway; Swansea Municipal Corporatioa • Glasgow and
South Western Railway (WPB) ; Harrogate Gas, and
Whittle Dens Water