The Express.
London, England, 1865-04-25 00:00:00

TELEGRAPHIC INTELLIGENCE.

Names gesisauxe.)

THE HEALTH OF THE KING OF THE
BELGIANS.
BRUSSELS, Arm 25.

Notwithstanding a slight return of the cough
daring the night, the state of the King's health is
satisfi

factory.

THE NEW MEXICAN LOAN.
PARIS, Aran 25.
The subscription to the new Mexican Loan closed
this afternoon.

MONEY MABEETd-(THIS DAY.)

Two o'Ctool.

The funds are firmer to-day, and a rise of 1 per
cent. has taken place. The probable course of
affairs in Americ► is regarded more hopefully ; the
produce markets are firmer ; and a favourble budget
is expected ou the 27th. The other markets are
quiet. American securities and Turkish Conso-
lid& are lower. As regards home railway stocks,
the chief feature is the continued rise in Metro-
ratan.
The discount market is quieter to-day, and the
supply of money seeking employment is large. The
best paper is taken at 31 per cent., and in some cases
at 32. There was a strong demand for short loans
on English government securities in the Stock
Exchange this morning, and the rate advanced to
31 per cent., but it has since declined to 21 to 3.
Consols are now quoted 91 to for money, and
911 to k for the account (May 9). The official
business report is as follows :-Three per Cent.
Console, for money, 91, 901, 911; ditto for account,
91, 1; Three per Cents. Reducecl,B9,l ; New Three
per Cents., 894, 4, 89, ; Bank Stook, 242, 240 ;
India Five per Cent. Stock, 1061, 1071 ; Four per
Cent. " enfaced" rupee paper, 90 ; ditto Five per
Cent., 106, 102 ; ditto Five-and-a-Half per Cent.,
1091; and Exchequer Bills, 51., Be. prem.
Foreign stocks are mostly quiet. Turkish Con-
solid& have declined per cent. There is also a
reduction of 1 in Spanish Certificates. Confede-
rate Bonds remain at yesterday's final quota-
tion. Some of the present quotations are an-
nexed, viz.:-Greek Bonds, 901 to 4; Mexican,
961 to 3 ; Confederate, 13 to 15 ; Spanish
Passive, 311 to 4 ; the Certificates, 161 to
Turkish, of 1868, 701 to 714 ; ditto 1862,
734 to 3 ; and the Consolidia, 534 to 5.1.
Transactions are recorded as follows :-Danubian,
84 ; Dutch Certificates, 961, ex div. ; Egyptian,
961; ditto second issue, 97, 96 ; ditto 1864, 931,
94, ex div. ; Greek Coupons, for account,
8, 1 ; Italian, for account, 641 ; ditto
1865, for aoeount, 731, ex div. ; ditto scrip, 41,
die., ex div. ; Moorish, 97 ; Portuguese, 1856,
eke., for account, 481, 471 ; Russian, 1822, 91 ;
ditto,lBso, 881 ; ditto, 1862, 921 ; Spanish Passive,
for account, 311, 31 ; ditto, Certificates, for ac-
count, 161; Turkish, 1858, for account, 701; ditto,
1862, for account, 734 ; ditto 1001. bonds, 731 ;
Venezuela, for account, 174 ; ditto, 1862, for as
411; ditto, 1864, 40/, ex div.
At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Henke opened at
67fr. 30a, showing a fresh decline of sc.
International Financial shares are now quoted
1 to 1 prem. ; General Credit, 2 to
prem. ; London Financial, 7to prem.; Imperial
Mercantile, 1 to 4 prem. ; Credit Foncier and
Mobilier of England, old, 4/ to 5 prem. ; ditto,
New, 44 tog prem.; Hudson's Bay, 151 to 1 ;
Egyptian Trading, 4 tog die. ; and Ottoman &clad
Gindrale, 21 to i prem.

The quotations for the shares of some of
the new companies are subjoined :—Metropolitan
District Railways, 91 to 1 prem. ; Yarns Rail-
way, 61 to 71 prem. ; Millwall Freehold Land and
Docks, 14 to 1 die. ; hfosoow Gas, 1 dis. to prem. ;
Anglo• Egyptian Navigation, Sto prem. ; and
Ruseian Iron Works, 11 to prem.
American securities are rather lower to-day.
United States 5-20 Bonds are quoted 654 to /.
The steamer London has arrived from Port
Phillip with 123,000/. in gold.

FOUR O'CLOCK.

Consols are now quoted 91 to for money, and
91i to for the account, being the same as at 2
o'clock. No bullion transactions have occurred at
the Bank. -

The first feeling on the virtual termination
of the gigantic contest in America is naturally
one of relief, and although the speculators have
a cautions regard to the political contingencies
that may arise, especially in connexion with
Canada and Mexico, it is argued that, after
such a protracted struggle, the United States will
need repose. There is a disposition to hope,
therefore, that the return of commerce to
it accustomed channels—difficult as it must
be under any circumstances—will be facilitated as
much as possible by an immediate curtailment on
the part of the United States government of their
immense and costly armaments both by land
and sea. Uncertainty is further felt with
regard to the effect of peace in America upon
the money market. It is thought unlikely that
Southern cotton can, under any circumstances,
be soon shipped to Europe so largely as to
cause any material draught upon our reserves
of bullion, especially in view of the probable heavy
demand in both the North and South for our iron
and other commodities, the payment for which
must go far towards squaring the balance doe
from us for cotton. But there is a strong
probability—increased already by the tenor of yes-
terday's advises from the manufacturing districts
—that the restoration of peace will give a sensible
impulse to trade in a great variety of branches, and
a prospect is thus opened of a more rapid creation
of mercantile bills, and a consequent gradual in-
crease in the demand for discounts.
The fortnightly settlement in shares and foreign
stocks will commence to-morrow ("continuation
day") and end on Friday.
It is ;said that although the applications in
France for the New Mexican Loan are very nume-
rous they are chiefly from the lower classes, and
that the aggregate applied for is consequently very
moderate.
We are informed that the Imperial Ottoman
Bank and the Soeititi G4nerale have definitively
refused to take any part in Mr. Icing's scheme for
the introduction of the internal debt of Turkey to
the English and other European markets.
The Asia, from Boston, has brought 7,0001. in
specie.
The mail now telegraphed reports shipments of II
gold from Australia to England during the month
to the extent of 52,750 ounces, or 211,0001.
In the wheat market prices were quoted Is. to 2s.
per qr. higher than on lint Mooday.
The Committee of the Stock Exchange to-day
appointed Wednesday, the 3rd of May, a special
settling day in the shares of the Vane Railway
Company. It was also resolved that "the arrange-
ments for the issue and the allotment of shares in
the company being irregular and unsatisfactory a
quotation be refused." The committee have or-
dered the new 91. shares of the Midland Railway
Company to be quoted in the official lists.
A new company has been formed, under the title
of the London and Mediterranean Bank (Limited),
for the purpose of converting the 1001. shares of
the Continental Bank Corporation into shares of

20/., and to carry out the amalgamation of that
bank with the bank of Messrs. K. Landau and Co.
of Alexandria. The verations of the new ciaparret
will then be directed to "commercial,
and monetary transactions between this country.
the Continent, and Egypt." It is explained that
" five of the 201. shares in this company will be
allotted to the shareholders in the Continental
Bank, in exchange for each of their present 10K
shares. The 201. shares allotted in exchange far
shares on which 251. has been paid will be credited
with 51. paid up ; and Awe allotted in exchange
for shares on which 15/. only has been paid will be
credited with 31. paid op." It is further mentioned
that the partners in the Egyptian firm " have takers
a large number of shares, and will continue in the
active management of the business at Alexandria!'
The capital is 2,000,0001. sterling, in 100,000 shares
of 90/. each, of which 80,000 shares have been al.
ready arranged for.
The International Contract Company (Limited),
have issued the proepectna of the Plymouth Ship.
building, Dock, and Ironworks Company (14-
mited), the proposed capital of which is 260,0001.,
in 10,000 sharer of 251. each, on which 11. is to
paid on application and 41. oa allotment. It
appears that the object of this company is to pur-
chase the Queen Anne's ship-yard at Plymouth
and the private shipbuilding business there carried
on. It is mentioned that at present them are se
iron shipbuilding works at Plymouth, and much
inconvenience and expense often results to ship-
owners in consequence of Veinal. outward bound
having to put back to London for repair. The
dock accommodation is to be greatly extended.
Interest at the rate of 6 per cent. is goarsated foe
three years by the International Contract Company.
The annual meeting of the Madras Railway Com-
pany is convened for the 6th May.
The annual general meeting of the Trust and
Agency Company of Australasia will be held on the
Bth Mae.
The directors of the Zealand Railway Company
of Denmark announce that they have resolved to
distribute to the shareholders a surplus dividend of
; Il} per cent. The general meeting is convened for
the 26th of May, at Copenhagen.

MONDAY EVINIFG,

Consols, which closed on S►turday at 91 to I foe
the 9th of May, opened this morning at 901 to
91, and so closed, after touching in the interval
91 "buyers." For money the last price was
901 to 4. The official business report is
as follows :—Three per Cent. Console, for
money, 90i, 1, 91, 901 ; ditto, for account, 91,
4, 904 ; Three per Cents. Reduced. 894, 81toeic:
New Three per Cents., 89, ; Bank
240, 242 ; India Five per Cent. Stock, 1061,
1074 ; ditto Four per Cent. Debentures, 1866,
994 Five per Ceut. enfac..ci" rupee paper, 103,
1 .
e India Five per Cent. Stock was steady.
Exchequer Bills were un►ltered at 44. to 7s. prem.
The American news caused the price of United
States 5.20 Bonds to rise this morning to d 8 to 69,
Saturday's closing quotation having been 55 to 4.
This afternoon, however, a relapse took place to
664 to 1, owing to sales on Continental account,
so that the day's rise is 1k per cent. Virginias
Dollar Bonds advanced 1 per cent. Atlantic and
Great Western Railway Debentures were quoted Sr
to 89.