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

MONEY MARKET.-(THIS DAY.)

Two o'Csocw.

The stock markets to-day are dull and inactive.
Console are quoted a trifle lower for the aooount
than they closed yesterday. Foreign stocks
are relatively firmer, and in two or three
instances an improvement has taken place. As re-
gards home railway stocks the principal feature is a
fall in Great Western.

At Paris this morning, according to Mr. Reutses
telegram, the Three per Cent. Rentes were quoted
661 r. 42c., being about 1-16th per cent. lower
than yesterday.

Consols are now quoted 91 to for money, and
91} for the account (March 8). The official
business report is as follows : Three
per Cent. Console, for money, 91i, , 91 ;
ditto for account, 911 ; Three per Cents. Re-
dqced, 89i, ; New Three per Cents., ;
India Five per Cent. Stock, 11:14+, I ; and Exche-
quer Bills, ss. dia., par.

Anglo-Turkish Bonds of 1868 and 1862 have im-
proved 1 to I per cent., being quoted respectively
68 to 1, ex div and 691 to 1. Mexican Bonds are
# better, at 421 to 431; Confederate steady, at
43 to 45 "ex all ;" Greek firm at 221 to 23 ;
Turkish Consolidia steady at 501 to f, and
Passive 1 lower at 351 to: 1. Transactions
are recorded as follows :—Egyptian, 991, 1001,
ex div. ; French Three per Cent. Resta',
66fr. 75c. ; Greek Coupons, for account, 101 ;
Italian, for account, 661, 1, # ; ditto 1863, scrip,
41 dia. ; Mexican, for account, 421, 1, 431, 43 ;
Portuguese, 1856, tkc., for account, 481 ;
Russian, 1822, 89, ex div. ; ditto, 1862, 89,
881 ; Sardinian, for account, 83 ; Spanish Passive,
for account, 351, 1 ; ditto Certificates, for account,
141, 14 ; Turkish, 1854, 92 ; ditto, 1858, for
account, 681, ex div. ; ditto 1862, for account, 691, ;
ditto, 1001. Bonds, 691 ; Venezuela, for account,
241, ex div.; ditto, 1862, for account, 60.
International Financial shares are now quoted 71
to 1 prem.; General Credit, 31 to 4 prem.
London Financial, 11 to 1, ex div. and ex new ;
Mercantile Credit, 8 to 9 prem. ; Hudson's Bay,
173 to 18/ ; Egyptian Trading, 21 to I preen. ; and
Thames Iron Works and Shipbuilding, 2 to 21
prem.

With reference to the Imperial Financial Com-
pany, it is notified that the directors will proceed
to make the allotment of shares with u much ex-
pedition as the numerous applications will permit.

Foul' o'CLocc.

Owing chiefly to the receipt of lower prices from
Paris, Consols have declined per cent., being now
quoted 901 to 91 for money, and 91 to it for the
account. No gold operations have taken place
at the Bank. There has been a decidedly good de-
mand for money.

The Omar Pasha has arrived from Port Philip
with 71,0001. in gold, and the Olympus, from
New York, with 13,0001. The Oneida, from Brazil
for Southampton, has reached Lisbon, with 5,020/.
in specie. . .. . . . . .

Aooording to private telegrams just received, a
further movement of about 2 per cent. against
England has taken place in the Shanghae'exchange.
The Indian exchanges, on the other hand, are de-
scribed as rather lower. The market both for bar
silver and Mexican dollars was firmeryesterday, and
the supply of the latter, just received by the Mexi-
can packet, is expected to be sold at higher rates.
The bidding' for 40,00,000 rupees (400,0001.) in
bills on India took place yesterday at the Bank of
England. The proportions allotted were Cal-
cutta, 22,00,000 rupees ; to Bombay, 16,00,000
rupees ; and to Madras, 2,00,000 rupees. The mini-
mum price was as before, viz., is. Hid. per rupee
on Calcutta and Madras, and Is. 11 }d. on Bombay.
The applications within the limits amounted to
237 lace (2,370,0001.) Tenders on Calcutta at
Is. 111.1. will receive about 11 per cent. ; on
Bombay, at 2s. ow., about 16 per cent. ; on
Madras, at 25., about 44 per cent. ; and all above
these prices in fulL
The applications within the limits at the previous
bidding did not exceed 1,870,000/.
The question of a settlement in the abares of the
Australian and Eastern Navigation Company will
be taken into consideration to-day (Thursday)
by the Committee of the Stock Exchange. It is
believed, however, that theinvestigation will extend
beyond
.to-day, the more especially as a deputa-
tion from Liverpool and another from Manchester
will attend, with a view to prevent a settlement.
There will also be a deputation on behalf of the
company, composed of its directors. Meanwhile
the committee are inundated with letters on the
subject from all parte of the country. It is urged
that it would not be quite right for those mem-
bers of the Stock Exchange Committee who have re-
ceived allotments of the shares to vote upon the
question about to be submitted. The excitement
relative to the affair is greater than has been known
in any case of the kind fur years.
It appears that at the settlement just concluded
the Stock Exchange Committee would not allow
the price of the shares of the Littlehampton,Havre,
and klontleur Steam Company to be "made up"
above 5 prem., although the current quotation of
the shares was 7 to 8 prem. This appears to have
been the first occasion on which the committee have
exercised a discretionary power of this nature.
The London and North Western Railway traffic
return shows this week an increase of 6,990/. over
last year ; the Great Western au increase of
2,2171. ; the Great Northern an increase of 2,7841. ;
and the Great Eastern au increase of 400/.

Another new financial company is announced
under the title of the Credit Mobilier (Limited).
It is introduced through the Credit Foncier
(Limited), the allotment letters of which were
issued two days ago, and the board is identical
with that of the Credit Foncier. The prospectus
recites that the Credit Foucier for Great Britain
and Ireland "since its establishment has found the
offers of business, both of a land credit as well as
of a general financial character, so large, as to
necessitate the formation of the Credit Mobilier
(Limited), to undertake such financial operations
as the Credit Foucier, with due regard to
its special objects, cannot legitimately carry out"
The proposed capital is 1,000,000/, in 20,000 shares
of 601. each, with a first issue of 10,000 shares, on
which there is a deposit on application of 11. per
share, and 41. on allotment. It is not intended to
call up more than 201. per share.
At the meeting yesterday of the Railway Passen-
gers Assurance Company, the directors' report,
which was adopted, stated the premium income for
the half-year ending December last at 30,1931.,
against 26,6321. for the same period in 1862. The
balance to the credit of the revenue account is
23,133/., out of which a bonne was declared of 2s.
per share, in addition to the usual interest at the
rate of 4 per cent. per annum.
The first instalment of U. per share is to be paid
on the new shares of the London Financial As-
sociation by the 16th inst.

A call of 51. is to be paid on the shares in the
London and South Western Bank by the 31st ilot.
The annual meeting of the Canada Company will
be held on the 30th inst.

We are requested to state that the share list of
the Gellivara Company (Limited) will be closed for
London on the sth inst., and for the country and
the Continent on the ith.

WZDIMRDAT EVIZION.,

Consols, which closed yesterday at 911 to
for the Bth March, were marked this morniog 911,
and closed at 911 to 1. For money the last price was
91 to /. The official busitess report is as follows :
Three per Cent. Consols, for money, 911, 91,
1, 91 ; ditto, for account, 911 ; Three per Coma.
Reduced, 814, it, 1, Si div. ; New Three per
Cents., 891, 1, I, I, ex div. ; India Five per
Cent. 104 i, t ; ditto for account,

3 '')

1041 ; Five per Cent. "enlaced" rupee paper,
104, 105, ; ditto Bolide, 4e. dia.
The ensuing settlement in Consols has been fixed
for the Bth of Aprfi, and the last price for that
period was 91} to 7.18, the " continuation " being
5-18 per omit.
The India Five per Cent. stock was firm. The
Five per Cent. rupee paper was likewise inquired
for. Exchequer Bills remain at ss. dis. to par.
There were several variations in the foreign stock
market, especially in Mexican and Spanish Pas-
sive, but the closing quotations for these and most
other stocks in this department were about the
same as yesterday.
In the market for bank shares there was an im-
provement in Bank of Queensland, London and
Buenos Ayres, London Joint Stock, and Union
Bank of London, while Bank of London slightly
receded. Intercolonial Royal Mail and Rhymzey
Iron (new shares) were inquired for. National
Discount and North British and Mercantile In-
surance were rather more offered. An advance
has taken place in Italian Irrigation bonds.
International Financial shares were steady at
74 to / prem. ; General Credit slightly lower at
3 to 4 prem., ex div.; and London Financial
steady at 11 to 114 prem., "ex all." Mercantile
Credit closed at 8 to 9 prom. ; and Imperial Finan-
cial at 4 to 41 prem., being rather higher.
Hudson's Bay shares were rather dull at 181 to
; and Egyptian Trading steady at 21 to 21
prem.
The closing (but, in some cases, merely nominal)
quotations for shares in new undertakings are
subjoined, viz. :—Credit Foncier of Mauritius, par
to prem. ; Land Securities, 11 to 11 prem. ;
Contract Corporation, If to 11 prem. ; Credit
Foncier (Great Britain), 21 to 1 prem. ; Lon-
don Mercantile Discount, 35 to 44 prem.; Austra-
lian and Eastern Navigation, 8 to 10 prem. ;
Ottoman Financial, # dis. to 1 prem. ; Consoli-
dated Discount, 1 dui. to par ; Mexican Bank,
4 to 1 prem. ; Littlehampton Steam, 74 to
8 prem. ; Financial Corporation, 2 to 24 prem. ;
Gellivara Company, 14 to 21 prem. ; London Gas
Meter, to 1 prem. ; Buenos Ayres Bonded
Wharf, 4to 1 prem. ; South Eastern Bank, Ito
If prem. ; British Colonial Steamship, to 1
prem. ; Naval and Military Bank, to prem. ;
Lisbon Oil Mills, to prem. ; English, Irish,
and Foreign Rolhng Stock, 1 to 11 prem.
International Agency, 11 to 25 prem. ; Financial
Discount, 2 to 3 prem. ; Queensland Sheep In-
vestment, 14 to it prom.