The Express.
London, England, 1862-07-02 00:00:00

3

MONEY MARKET.-(71118 DAY.)

Two o'Cwoi.

The stock markets present no feature of much
interest to-day, business being still upon a quiet
scale. The funds, however, have improved to the
extent of k per cent. A fall in Spanish Certificates
and in South Eastern Railway stock form■ the
principal movement in prices.

Turkish Loan scrip is quoted 1 to 1 prem., ex div. ;
ditto paid-up, 68h to;, ex div. ; Egyptian, 3 to 3}
prem. ; and Russian, I to f die.

Consols are officially marked 911, 1, and /,
ex div., for money, and 911, ex div., for the account.
The present quotations are re►pectively 911
to 1, and 911 to 92. The official business
report is as follows :—Three per Cents. Reduced,
911, f ; New Three per Cents., 911, 1, I ; India
Five per Cent. Stock, 1081,; ; ditto Bonds, 18s.
prem. ; Four per Cent. " aniseed " rupee paper,
91i ; ditto Five-and•a-Half per Cents., 1001 ; Ex-
chequer Bills, Bs. prom.
The transactions in the foreign stock market
have been to a moderate extent. Equador Bonds
have adv►nced. Italian Five par Cants. are more
enquired for, and Mexican Bonds quiet. The prin-
cipal fluctuations have again been in
Spanish Certificates, which, after being
marked 101, have been last sold at 9i.

Transactions are recorded as follows :—Buenos
Ayres Six per Cents., 95 ; Dutch Two-and-a-Half
per Cents., 644 ex div. (exchange 126.) ; Equador
New Consolidated, 171, 4, 184; Egyptian Seven per
Cents., scrip, 31, 3,4, prem. ; ditto paid-up scrip,
854; French Three per Cent. Renter, 68fr.(exchange
25fr.) ; Italian Five per Cents., 691, 704, ex
div. ; ditto hfaremmana Railway scrip, 1 dis. ;
Mexican Three per Cents., for account, 281 ; Rus-
sian Five per Ceuta., 1862, scrip, ; ditto
paid-up scrip, 911 ; Spanish Three per Cents.,
for account, 534 ; do. Passive,l94 ; the Committee's
Certificates, 101, 1, 94 ; Turkish Six per Conte,
1868, for account, 701 ; ditto Six per Cents.,
1862, scrip, 1, 01 prem., ex div. ; ditto paid-up
scrip, 681, 1, 1,1, ex div. ; Venezuela Three per
Ceuta., 234. . _

Notwithstanding the low value of money, specu-
lative purchases of Consols are restrained by the
apprehension that the monthly settlement neat week
will show a rather full supply of stock, indications
of a similar nature having been presented at the
last settlement. Whether the supply of stock
comes from thesavings banks, or is merely the effect
of the desire on the part of holders for securiti
yielding a higher' rate of interest, is not clear, but
it seems certain that the balance of bond fide trans-
actions latterly has been on the side of sales. It
remains to be seen whether the reinvestment of the
July dividends will place the market on a stronger
basis.

An instalment of 10 per cent. fell due yesterday
on the Turkish Loan for 8,000,000 E stock, less this
half-yearly dividend, at the rate of 3 per cent., and
the amount previously paid in fulL Payment "in
full" was made yesterday ou the loan to the extent
of 118,0001. cash.
Messrs. Baring Brothers have announced the
dividends on Buenos Ayres 6 and 3 per cent.
bonds, together with the particulars of the redemp-
tion fund in each case. _ _ .

A meeting of holden of Equador Bonds is con-
vened by the committee for Monday next.
The amount of gold taken to the Bank yesterday
was 15,0001., making 400,000/. since the last re-
turn. The arrival was announced yesterday of the
Dover Castle, from Melbourne, with 184,5001., and
the Agincourt with 125,0001, making together
3095001.
The mail steamer Atrato, which will leave for
the West Indies to-day, will take 18,0001. in
gold, and 3,9001. in silver.
Only about 228,5001. in gold is now on the way
from Australia to England, according_ to the ad-
vices as yet received.
The exchanges yesterday afternoon were steady.
The rates on Paris were firm. The recent move-
meat in favour of Austria is sustained. Subjoined
is our usual list :

Anseteedam, 3 =oaths, 11.18 j to 191 ; ditto, 3 dam
11.161 to 17 ; Rotterdam, 3 meet* 11.19 te ; Ant-
werp, 3 months, 26.50 to 5; Hamburg, ma. banes, three
months, 13.8 f to 9/ ; Paris, 3 dam, 26.25 to 321; ditto,
3 month., 25.50 to`s ; Frankfort-ou•tbe-Maioe, 3 months,
119 f to f ; Petersburg (per rouble), 3 months, 331 to I;
Vienna, if. 60..3 months, 12.95 to 13.05 ; Trierte, of. do.,
3 menthe, 12.95 to 13.05; Madrid, 3 mouths, 491 to I; Cadiz,
3 mouths, 49 to ; Leghorn, 3 months, 25.55 to 621
Genoa, 3 months, 25.55 so 621 ; Milan, 3 mouths, 25.55 to
621 ; Napier, 3 months, 31/f so / Palermo, 3 menthe, 119/
to ; Measles, 3 mouths, 119* to / ; Lisbon, 90 dam,
62*to 1 • Oporto, 90 days, 521 to j.

Advicesreoeived at Lloyd's yesterday state that it
was reported at Charleston that three steamers had
reached Confederate ports, one of which was the
Minho (screw steamer). The Nelly (steamer) tried
to get in there, but was chased and forced to run
aground, where she was under fire at long range
her cargo was being brought off, and the vessel.
might possibly be saved.
Two government steamers are now takin,, sonnd-
iugs off the coast of Valentia, Ireland, tad Trinity
Bay, Newfoundland, in connexion with the project
of the Atlantic Telegraph Company.
The tenth call of 11. 10s. is to be paid on the
shares in the Bahia Railway Company by the tith
of August.
A special meeting of the South Australian Bank-
ing Company is convened for the 15th inst., to paw
resolutions for increasing the capital from 400,0001.
to 500,0001.
A special meeting of the Metropolitan Railway
Carriage and Wagon Company is convened for the
Bth July.
The Anglo-French Porcelain Company (Limited)
have resolved to invite applications for 600 class
"A" shares of 201. each, which are entitled to a
preference dividend up to 12 per cent. over the B
shares.

The mail from Bombay, of June 12, paaaed Jubal
on the 29th ult., and is expected in London about
the middle of next week.

The subjoined report on the silk market in from
the circular of Maur& Waithzuan, Jacomb, and
Hogg, dated July 1 :

Wehavehad a inlet market for silk during the past
month, end prices in coasequenoa have shown a tent
to decline ; the fall on good silk has been very imm
but ordinary and common descriptions may be quoted 6d.
to is. lower. The European crop has resulted much the
same, for quantity, as last year, but the quality is said to be
superior. The deliveries for the month are 5,062 bales at
China, and 502 bales of Japan. The China letters moistly
delivered report settlements for the month 5,000 bales,
making the total to date 70,000 hales, against 80,500 bales
at the same period in 1861. Unsold stock on the market
was 1,500 bales, agaisst 4.000 in 1861. I'rioeshad advanced
considerably. the closing quotations for best No. 3, Tattles,
being equal to 235. 3d. per lb. here. Exchaog• at Shanghai,
6s. 2,d. to 6s. 3d. la Bengal silk there is uo alteration. In
Italian silk some contracts have been made for new Yaws
and thrown., generally at moderate prices.
The list of contributories of the London and Pro
vincial Disamot Company (Limited) is to be nettled
in the Bankruptcy Court on the 26th instant.