The Express.
London, England, 1862-08-07 00:00:00

THE EXPRESS, THURSDAY EVENING, AUGUST 7, 1862.

MONEY MARKET.-(THIS DAY.)

Two o'Cuxi.

The stock and share markets are flat to-day
Consols are quoted the same as yesterday, at 984
to for money, and 934 to 1 for the 4th of Sep-
tember ; but most of the principal British railway
stocks have declined, as well as the new foreign
loans. The railway market is affected by the
unfaovurable dividends already declared. The
wet weather has also operated as a check.
The foreign stock market is especially depressed,
and nearly all the new loans have declined. The
new Venezuelan Loan is extremely heavy, princi-
pally upon realisations, and the quotation has re-
oedeelto Ito 14 prem., being about I} per cent. lower
than yesterday. Egyptian scrip has improved about
per cent., and Portuguese is quoted the dame as
yesterday. The Egyptian Loan scrip (first issue) is
quoted 14} to 15 prem.; ditto second issue, 9
to 10 prem. ; Peruvian, to prem.; Russian,
to i pram ; Portuguese, 2} to prem. ; and
Turkish Loan scrip, 14 to 11 prem.
. . . . . . . _ _ _

It is stated that the whole amount of the Peru-
vian Loan offered to the public has been subscribed
for.

An instalment of 15 per cent. falls due on the
first issue of the Egyptian Loan on the 11th inst.,
less the large portion already paid in fulL The
final instalment of 7i per cent. is payable on the
let of September ; but from this has to be deducted
the half-yearly interest of 3 per cent.
The first half-yearly drawing of Bonds of the
Moorish Loan took place yesterday, at the office of
Messrs. Scorer and Harris, the notarise, when
45 bonds, representing 12,5001., were drawn, and
will be paid off at par. There were present Messrs.
Robinson and Fleming, and Mr. P. P. Blyth, the
contractors for the loan, and Mr. Geo. E. Seymour,
the broker.

The present packet from Buenos Ayres brings a
remittance of 10,0001. on account of the interest on
the bonds for the second half of the present year.
There were no gold operations at the Bank yester-
day. It is probible that the loans lately taken here
will tend to check the influx of gold to the Bank.
It is stated that the remittances of gold, probably
on account of the new Peruvian Loan, by the next
steamer for the West Indies will considerably ex-
ceed the total (300,0000 taken by the Seine on the
2nd iust.

The Swiftsure has arrived from Melbourne with
191,0001. in gold, and the Formosa with 52,0001.
The Magdalena, from Brazil, has also reached
Southampton, with 13,3921. The total is 250,1:1301.
There being only a trifling demand for India,
the bar silver by the steamer Tasmanian, from the
West Indies, was sold yesterday for the Continent at
56. id. per ounce, showing no change.
The monthly bidding for bills on India took
place at the Bank of England yesterday, when the
tenders were opened in the usual =miner. The
minimum price declared waa the same as last
month, namely, Is. 110. per rupee for bills on
Calcutta, and Is. 111 d. on Bombay and Madras.
The amount advertised for tender was 90,00,000 Re.,

am. the applications at rates within we limit
amounted to 96,00,000 Ra. All tenders above the
minimum will be accepted in full. Those 09 Cal-
cutta at the minimum will receive about 18 per
cent, on Bombay about 5 per cent., and on Madras
50 per cent.
The failure of two banks at Pernambuco, pre-
viously referred to, has necessitated the stoppage of
the old-established firm of Messrs. Richard Rostron
and Co., of Manchester. The house has branches
at Pernambuco, Rio Janeiro, and Bahia. The
liabilities am roughly estimated at between
300,0001. and 410,0001., but as regards the extent
of the assets no definite idea can yet be formed, the
result of the liquidation depending, to a great
extent, upon realisations in Brazil.

The proposed dividend on Midland Railway stock
was officially announced yesterday at the rate of 5i
per cent. per annum against 6} at the correspond-
ing pehod of last year. The surplus is 7,4001. The
stock fell 11. per cent. on this announcement.

The Loneon and North Weste-n Railway traffic
return shows this week an increase of 7,1821., and
the Lancashire and Yorkshire a decrease of 5,8001.
The receipts of the Girard Trunk Railway of
Canada for the week ending the 19th July were
14,0921. sterling, being 1,1881. more than in the
corresponding week of last year.

The ball-yearly meeting of the Chester and Holy-
head Railway Company is called for the 21st inst.,
and will be made special to determine as to the
"creation and issue of new preference stock, not
exceoding 2,468,0001., bearing uniform rate of
interest of 5 per cent. per &Dunn), in substitution
for the 3,455,0001. existing stock, at various rates
of interest"

An extraordinary meeting of the United Kingdom
Life Assurance Company is called for the 16th inst.,
to resolve on the dissolution of the company and
the transfer of the business to the North British
and Mercantile Insurance Company.
Mr. Robertson, M.P., and Mr. Brown West-
head, M.P., hive consented to act as chairman and
deputy-chairman of the Great Southern Railway of
Buenos Ayres.
Mr. W. W. Cargill, director of the Oriental Bank,
has joined the board of the Peninsular Irrigation
Company.
Subjoined are the quotations of insurance, gas,
dock, and other shares, as given in the last Stock
IC:change list :

loeurance.—Albert Medical Lite sad Family Endowment,
241 ; Alliance Marisa, 561 ; Imperial Los 21 ex div. •
Law Life, 82 ; Loudon, 44 ; Mercantile Firs, 41 ; Omni
Marine, 18 ; Rook Life, 81; Thames and Money Marius
41 to 1 ; Universal Marine, 41.
Gas Light and Ooks—City of Loudon A, 271 ; Great
Central, 121 ; Imperial, 82 to 814, at die. ; New ditto, 851
to I. et div. ; Imperial Continental,'s2 to 4 ex div. • West-
minster Chartered, 74 to 731, ex div. ; ditto New, 38: ex die.
Docks—London 56.
Canals—Regent's (or Lapdog), 26 to 1.
Waterworks.—Berlis. 51 ; Southwark and Vauxhall, 125,
ex all ; West Middlesex, 1061.
With reference to the market for American secu-
rities, Mr. E. F. Sattarthwaite reports as follows :
- - - - -

The market in Landon for Ameriollll securities has, since
our last, been steady, with a moderate amount of business.
The reduction in exchange, reported by telegrams from New
York, has induced more buying of railroad bonds, those of
the New York Central being in especial demand. There
has alto been a good inquiry far Illinois Central, and Atlan-
tic and Great Western Bonds, the latter closing buyers at
65. Illinois shares bare been freely dealt in from 503 to
494 &mount ; whilst In Lie shares the transactions hare
been quite unimportant.

WEDNESDAT ETIMAG.
Consols, which closed yesterday at 934 to 4,
both for money and to-morrow's settlement,
opened this morning at 934 to 4, touched 934 to 4,
and closed At 934, " sellers." For the 4th Sept.,
the last price was 934 to 4. The official business
report is as follows :—Three per Cent. Consols, for
money, 934,), ; ditto for account (August 7),
934, 4, ; Bank Stock, 239, 2384 ; Three per
Cents. Reduced, 934, 4, 4 ; New Three per Costa.,
934, ; Red Sea Telegraph, 214, 22; India Stock,
1227, 229 ; ditto Five per Cent. Stock, 10841 ;
ditto, for account, 1084 ; ditto Bonds, 31a. prem.;
ditto Four per Cent. Debentures, 1864, 1004 ; Five-
and-a-Half per Cent. " enlaced" rupee paper,
1114.
The closing quotations for shares in new under-
takings to-day were as follows :—Ocmui Marine
Insurance, 104 to 11 prem. ; Thames and Mer-
sey Marine Insurance, 24 to 24 prem. ; Com-
mercial Union Assurance, dia, to par ;
Universal Marine, 4 to dia. ; Loudon
and Provincial Marine, par ; Mercantile Fire,
14 to 14 prem.; Union Bank of Ireland, I dia.
to par ; Bank of Hindostan, 4 to 4 dia. ; Irish
Rolling Stock, to prem. ; Thames Express
Steam Batt, to pram ; Middlesex Bank, par
to prem. ; Bank of Queensland, par to jl4rem.
London, Buena. Ayres, and River Plate Bank, ;
to 4 prem. ; Thames and Humber Shipbuilding
Ito 4 pram. ; General Rolling Stock, to
prem. ; Northern Railway of Buenos Ayres,
to 1
prem. ; Buenos Ayres Southern Railway,
to prem. ; Algerian Cotton, 3to 4 prem. ;. Mol-
davian Railways, to prem. ; Raver Navigation
of India and China, 4 to 14 prem. ; and Quebrada
Company, 4 to 4 prem.