The Express.
London, England, 1864-03-18 00:00:00

MONEY MARKET.-{THIS DAY.)

Two o'CLocic.

The stook markets to-day are generally very
steady, owing to the fine weather and the rapid
influx of gold to the Bank, combined
with the more favourable interpretation put
upon the foreign intelligence. Nevertheless,
Consols are 1-18 to / per cent lower than they closed
yesterday afternoon, and some of the more specu-
lative foreign stocks, including Mexican and Greek,
have suffered from speculative realisations.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Renter were quoted
86fr. 25c., showing no change.
Consols are now quoted 91} to f for money, and
91,1 to f for the account (April 8). The official
business report is as follows :-Three per Cent.
Consols, for money, 911, 1, f, ; ditto, for ac-
count, 91}; Three per Cents. Reduced, 89} ; New
Three per Cents., 89f, ; India Stock, 218 ;
ditto Five per Cent. Stock, 1043, 1 ; ditto Bonds,
41., 10s. die. ; and Exchequer Bills, 6e. dia.
Mexican and Spanish Passive Bonds aro to 1
per cent worse than they closed yesterday, being
now quoted respectively 45 to 1, and 36 to 1. Greek
Bonds are f lower, at 231 to 241 ; Turkish
Bonds of 1858 higher, at 691 to 701 ; those of
1862 firm, at 71 to 1 ; the Consolid4s f higher,
at 541 to 1 ; and Confederate firm, at 52 to 55.
Transactions are recorded as follows :-Brazilian,
1852, 1858, 1860, 881 ; Dutch Two-and-a-Half
per Cents., 641 ; Egyptian, 101 f, ex div. ;
Greek, for account, 241, 1, 231, 24 ; ditto
Coupons, for account, Ilf ; Italian, for
account, 671, 1; ditto Mammana Railway, 74, ;
Mexican for account, 4,5 f, 45, #, 40} ; New
Granada, 144 ; ditto Two per Cents., 304 ; Peru-
vian, 1862, for account, 861, 1 ; Portuguese, 1833,
for account, 484, 3 ; ditto 1856, ice., for ac-
count, 481; Russian, 1850, 871 ; ditto, 1862,
90} ; Sardinian, for account, 84 ; Spanish
Passive, for account, 361, fr, 331 ; ditto
Certificates, for account, 13} ; Turkish, 1858,
for account, 69/, 701, ex div. ; ditto 1862, for
account, 701, 71} ; ditto 1001. Bonds, 71} ; Vene-
zuela, for account, 23/, 24} ; ditto 1862, for ac-
count, 60ii 1.
The scrip of the new Bolivian Loan is quoted 14
to lf prem.

International Financial shares are now quoted Gj
to 7 prem., ex div. ; General Credit, 4g to 5 prem. ;
London Financial, 115 to 1, ex div. and ex new ;
Mercantile Credit, 74 to 85 prem. ; Hudson's
Bay, 185 to ; Egyptian Trading, 25 to 35
prem. ; rand Thames Iron Works and Ship-
building, 3 to 5 prem. ; Credit Mobilier, 11 to
251prem. ; Imperial Financial, 45 to 55 prem. ;
Financial Corporation, If to 25 prem. ; Credit
Foncier (Great Britain and Ireland), 4 to ,l, prem. ;
Australian and Eastern Navigation, 45 to 55
prem. ; Land Securities, 15 to 2 prem. ; Central
Argentine Railway, Ito 15 prem. ; London and
Liverpool Hotel, 1 to 15 prem. ; City Offices Com-
pany, 4to prem ; National Marine, Ito 15
prem. ; and Queensland Sheep, 5 to 1 prem.
The business at the Bank of England Discount-
office yesterday was only moderate. In the general
market there was a good demand, especially in the
afternoon, a number of bills having apparently
been held back in the idea that the Bank of Eng-
land minimum might possibly be reduced to-day.
The general terms for choice paper were 51 to 5
per cent. In the Stock Exchange, although there
was a good demand for short loans on home govern-
ment securities, the supply of money was so large
that the rate was only 35 to 4 per cent.
The large sum of 444,0001. in gold, chiefly Cali-
fornian, was sent into the Bank yesterday. A
further important amount will probably be taken
there during the next few days out of the recent
arrivals.

The steamer City of London, from New York,
has brought 24,000 t. in specie.
The directors of the Anglo-Italian Bank have
I appointed Mr. John A. Jackson, formerly con-
nected with the English, Scottish, and Australian
Bank, as their general manager. Mr. Jackson will
at once proceed to Italy to make the necessary
meangements for the commencement of business.
Profiting by recent experience, the Stock Ex-
change Committee have adopted the very proper
resolution that companies applying in future
I for a settling day shall be required to produce the
official allotment-book itself, and submit it for
their free inspection. Hitherto it has been cus-
tomary for the committee to content themselves
with general statements respecting the allotments
made by the brokers or officials of the company.
A petition has been extensively signed in the
Stock Exchange requesting the committee to adopt
a rule withholding sanction from transactions in
the shares of new companies prior to the allotment.
A reform of this nature would strike at once at
many of the abuses which have latterly been so
justly complained of in the introduction of new
joint-stock schemes.
The Midland Railway traffic return shows this
week an increase of 3,:-.1201. over last year ;
the North Eastern, an increase of 3,1171. ; the
Lancashire and Yorkshire, an increase of 2,11111. ;
and the Manchester, Sheffield, and Lincolnahire, an
increase of 2,6301.
. . _

The prospectus is issued of Silver's India-
rubber Works and Telegraph Cable Company
(Limited), the capital of which is fixed at 500,0001.
in 10,000 shares of 30/. each, of which 5,000 are
now to be issued ; and of these a large portion
are already subscribed for. By means of this com-
pany the well-known and extensive works of
Messrs. Silver and Co., at Silver-town, near the
Victoria Docks, are to be carried ou under
the joint-stock principle. In addition to the
manufacture of Indiarubber, telegraph cables,
ebonite, am, it is intended to pay much attention
to the manufacture of the patent composition made
partly with the new gum " Balata," which is de-
scribed as "uniting must of the valuable properties
of Indiarubber and gotta percha, and of which an
inexhaustible supply has been secured." Messrs.
Silver and Co. will still remain identified with the'
business, and out of the 100,0001. to bs paid for'
machinery and plant, stock and book debts, they
have agreed to receive one-he io shares, and the
remaining half in cash and five per tent debentures.
The freehold laud and works are likewise to be
chiefly paid for in debentures. The provisional
committee, from whom the board of directors are
to be chosen, is of an influential character.
Au iuteresting project, known as Bonelli's Elec-
tric Telegraph Company (Limited), is on the
market to raise a capital of 225,0004., in 104 sham,
which sum, with the 25,0001. forming the original
or experimental capital of the company. will raise
the total to 250,0001. Before coming to the public
the directors have established a telegraphic line
between Manchester and Liverpool, and it is
affirmed that "the working of this has proved,
even beyond expectation, both practically and com-
mercially, the unrivalled excellence of Bonelli's
system.' One of the objects with which the com-
pany is framed is a reduction of the telegraphic
tariff to a uniform rate of sixpence for each ordinary
message of 20 words. The chairman is the Earl
of Shrewsbury and Talbot, and the deputy-chair-
man Lora Litho Fitzgerald, while the board is
otherwise respectably composed.
The traffic of the Bahia and San Francisco Rail-
way for the wed( ending the 7th February was
i 5421., with 701 miles open.
The prospectus of the City Offices Company
(Limited) has been received with favour. It is
• announced that no applications for shares will be
received after Monday relit, the 21st inst., from
Loudon, and Tueeasy, the fr2ul inst., from the
country.
1 The letters of allotment of the Imperial Thum-

cial Company end the Credit Mobilier Company
were posted last evening.
We are requested to mention that the dispute
which arose between the Credit Mobilier (Limited)
and the Credit Mobilier Company of Londno, with
referenoe to the title of the former, has been set-
tled, and all legal proceedings terminated.i
It is announced that the list of applications for
the new shares of the Panama, New Zealand, and
Australian Royal. Mail Company (Limited) will be
closed on Tuesday, the 22nd March, for London,
and on the 23rd for the country.
It is announced that the London and Westminster
and London Joint Stock Banks will pay the half-
year's interest, due let April, on the Victoria Go-
vernment Debentures issued under the authority of
the Railway Loan Act, 1857, and negotiated through
the sir associated Australian banks.

The extensive contract for the supply of Moul-
mein teak timber has been concluded between the
Admiralty and Messrs. Francis (Pother and Co., of
32, Great St. Helena.
With reference to the statement that the pre-
mises of Messrs. Sari and Sons, in Cornhill, have
been sold to the City Offices Company (Limited),
we have received a communication from Messrs.
Sari and Sons, in which they say :—" It is quit*
tree that we have sold our premises to the City
Offices Company (Limited), but they will not enter
upon possession fo: a few weeks, during wbick
time our business will be carried on as usual, and
after that time it will be removed to Nos. 46 and
47 Cornhill."

The return of the Bank of England for the week
ending Wednesday,Marebl6, compared with that foe
the previous week, shows the following changes :
Circulation iliCle
Circulation active 19,849,780 Decrease 177,3G0
Public deposit. 8,570,711 Decrease 292,653
Other deposit.
Government securities in

- --------
banking department 11,174,584 No change
Otherseetnities in banking
&Manumit
Coin and bullion in both
- - - - - -

departments
Seven day and other bills 483,332 Decrease 63,353
The Rest 3,866,484 Increase 74,948
Notes in reserve
Total reserve ((notes k coin
in banking department) . 8,747,163 Increase 239,914
The tendency of the Bank accounts is still favour-
able. The decrease in the government deposits
and the increase in the private securities have been
more than counterbalanced by the influx of private
deposits, and the reserve consequently presents a
moderate increase. A small addition has likewise
been made to the stock of coin and bullion. The
large amount of gold sent into the Bank yesterday
will not appear in the return until next seek.

BANK OF Ac
and fals Vie.. C. I 3 Ice Use weak
DAL

IN= Dll
Noir lased A27,bd3.740

427.863;30

Maine DI
=More Capital £14,64000
3.300,481
Public Deposits
eluding Excheq.,
Bay. Banks, Cord-
ials. of National
Debt, and Div.
Aorta.)
Other Deposits 13,103.000
seven day and other
Mips 4.93.332

140,079,127
Match 17, 1584. h

0000111 persnent to the eat Irk
ending =Wednesday, Mardi 14,

Government debt L 11,0141011
Other securities 3,04.114/1/
Gold oda and
hoo
811rer bulbw

. 13,213.74

1.27,02,740

?LITMUS.
Government Seen.
.

titles
Bead Weight An-
nuity)
Other Securities
Notes
Geld sad Silver
Cola 732,216

440,6:94a
31AESHALL, Chief Cadmus[.

TIIIIRBDAT Evan.

Consols, which closed yesterday at 91,i to I for
the Bth of April, were marked to-day 91k and 911,
and closed at 91; " buyers." For money the
last price was 911, to 1. The official business re-
port is as follows :—Three per Cent. Consols, foe
money, 91i, 11, 2 ; ditto, for account, 91 y, ;
Three per Cents. Reduced, 891, ; New Three
per Cents., 89k, I ; India Stock, 220 ; ditto Five
per Cent. Stock, 1041, k ; ditto, for account, 1041,
; ditto Four per Cent. Certificates, 100/ ; ditto
uda, 84. die.
. The India Five per Cent. Stock was firm. India
Bonds were sold at Bs. di,. Notwithstanding the
favourable prospects of the money market, Ex-
chequer Bills were more offered, awl have declined
Is., closing at 68. to Is. dia.
The foreign stock market was again very buoyant
in the morning, and though a decided relapse took
place in some stocks in the afternoon, the final
quotations were still in most instances above those
' of yesterday.
There was much activity in the morning in the
shares of some of the livancial companies, espe-
cially the International and General Credit, the
former of which touched 71 prem., " buyers " ex
div., and the latter 41 prem., "buyer. ;" is the
afternoon a.reactiou took place, and the final quo-
tation was for the former 62 to 7 prem., and for
the latter 41 to 1 prem.; London Financial shares
were last quoted 111 to 1 prem. ; Mercantile Credi
Bto 8k prem. ; and Imperial Financial, at 4 to 4J
prom.
The closing (but in some cages merely nominal)
quotations for shares in new undertakings are
subjoined, viz. :—Credit Foncier of blatiritius, dia.
to prem. ; Land Securities, 1:1 to 2 preen. ;
Contract Corporation, 3. to 4 pre:a.; Credit
Foncier (Great Britain), 41 to 2 prem. ; Aus-
tralian and Easter:, Navigation, 4. to bk
prom. ; Ottoman Financial, Jr dirt. to # prem. ;
Consolidated Discount, 1 din. to par Financial
Corporation, 1 to 2 prem. ; Financial Discount, lk
to 2k prem. ; Credit Mobilicr, 21 to prem.;
Queensland Sheep Investment, par to 1 pre: a. ; trelli-
vara Company, 1 to 1 prem. ; National Provincial
Marine. k to 1 prem. ; Central Argentine Panway,
to 11 prem. ; Mexican Bank, to 2 ;:rem. ; West
of Woollen, k to 11 prem.: Loudon and
Californian Bank, lk to 2 prem. ; Warrant Bank-
to If prem. ; Fore-street Warehouse, ti to
tik prem. ; London Commercial Hotel, k to 1 prem. ;
and Dutch Tramway, 1 to 2 prem.

MINES.-(TDIS DAY.)

Two tiCm•L

In the mining market to-day the nr:aciPal
feature in a strung demand for Grad Fortut.e and.
East LoVeit shares, which have advanced ; Use
former are now quoted 17, " buyers," and the
latter, 10} to 1. n the other hand,
Great Vol. are rather lower, at 39 to 40; and
Wheal Grenville at 7} to ;. East CAradou are
quoted 291 to 30} ; Sithuey Wheal Metal, 5; to ti ;
Wheal Seton. 190 to 195 ; and Wentworth Consols,
10 to 17. Wheal Ludeott shares have been dealt
in at 3}.
Yudananiutana shares continue in demand ;
transactions are recorded at 34 and 3i. Other
colonial. as well as foreign mines are quiet.
A fall took pace yestenlay in the price of
English tin. Present quotations are reported as
follows by Messrs. Von Daddelzen and North:—
Comtism& blocks, 112/. ; common ingots, of 2.4 lbs.
and above, 1121. ; ditto, 7 and 14 Ibn., 113% ; bars,
in 4 cwt. casks, 113/. ; ditto, 2 cwt. casks, 114 L ;
refined blocks, 1171. per ton—deliver al free ota
board in London.

The Vigra and Clogan Mining Company have re-
ceived this week 173 oz. 7 darts. and 2 gra. of gold.
being the produce from 92 tone licwt. and 1 (pr
of ore.

From the let of October, 1863, to the 26th of
February, 1M64, there were exported from the port of Nor►
York, 30,661.2001bn. of baron, 3,71a1,0001be. of liar.
487,2U01be. of shoulders of beam, 91,846 toes of Wile
16,9G-1,50011e. of butt.r, 20,K.96,1001ba. of cheese, 59.841
tierces of beef, and 17,323 barrels of pork.—Aim York
paper.

• •
The State of California has an area of 169,000
square miles ; of Kar....s, 83,000 square miles ; of Mines-
aota, $13,500 New M.zieo, 124,000; Oregon, 100.000;
and T..Z1111. 280,010. The territory of Nitre' hie an area
of 130,800 squire miles ; of Colorado, 106,475 ; of Daeote.
1a2.500 ; of Idaho, 3;13,000; of Indian, 71,000; of N
CA,300; of Nevada, 10,500; of Stab, 109,600; sad
Washiagtoo. 71,300. Total area of stew States and terri-
torial, 1,961,425 square miles. Total area of the Ads
of the United States, 3,750,000 square miles.

Ts* is choice and strong, moderato
In pries, and wholesome to um. Thew advantages have
for LW Tea a general pretereneo. It Is sold to padre ta by :xi
ssects.—lit.