The Express.
London, England, 1862-08-21 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'Ctoci.
The funds to-day are dull, but yesterday's
closing quotations are sustained. Little business
is going forward. An regards English railway
stocks, prices are nominally without alteration, in
the absence of active transactions. A further coo-

siderable improvement in Pernambuco Railway
shares forms a feature of interest.
The weekly court at the Bank of England has
broken up, without altering the rate of discount.
Consols are officially marked 934, 1, and
for money, and 93# and for the account. The
present quotations are respectively 934 to
and 931 to 4. The official business report is an fol-
lows :-Bank Stock, 239; Three per Cents. Reduced,
931, 1, 1 ; New Three per Cents., 93g, 4, ; Thirty
Years Annuities, 1885, 164 ; Red Sea Telegraph,
21} ; India Five per Cent. stock, 108#,I ; ditto
Bonds, 28a., 265. prem. ; Five-and-a-Half per
Cent. " enlaced " rupee paper, 1114 ; Exchequer
Bills, 20e., 21e., prem.
The Turkish Loan of 1854, after being marked as
high as 87, is now quoted the same as at the close
yesterday, viz., 864 to 804. The loan of 1868
has declined 4, being quoted 714 to 72,
while the scrip of the new loan has im-
proved to 1 to 04 dis. Turkish Home
stock has given way. Venezuelan scrip
is quoted par to prem., being better ; Portu-
guese, 2to ,24 prem. ; Peruvian, to 1 din. ;
Russian, dia. to prem. ; and Egyptian,
first issue, 124 to 134 prew. Mexican
and Italian Bonds are rather more offered-
Transactions are recorded as follows :-Buenos
Ayres Six per Cents., for account, 91 ; Egyptian
Seven per Cents, paid-up scrip, 964, 964, ex
new ; ditto, second issue, 201. paid, 11, 10k,
prem. ; French Four-and-a-Half per Cent. Rentes,
971 r. (exchange 25fr.) ; Italian Five per Cents., 691
(exchange 25fr.) ; Mexican Three per Cents., for
account, 281, 29 ; New Granada Two per
Cents., 261 ; ditto ex aver-due coupons and hectares,
10 ; Portuguese Three per Cents., 1853, for ac-
count, 464 ; ditto, scrip, 101. paid, 2 prem. ;
Russian Fiv.) per Cents., for account, 974 ; ditto
Five per Cents, 1862, paid-up scrip, 934,
; the Spanish Committee's Certificates, 941 ;
Turkish Six per Cents., 1854, for account, 86, 87 ;
ditto Six per Cents, 1858, for account, 714, 72 ;
ditto Six per Cent., 1862, scrip, 401. paid, 4, 14,
04, die. ; ditto paid up scrip, 67, 684, 67.
Fouls o'CLoce.
Consols are fractionally lower than at 2 o'clock,
being quoted 931 "buyers," for money, and 934 to
4 for the account.
Messrs. Heywood, Kennard, and Co. have inti-
mated that the scrip of the Peruvian Loan will be
ready for delivery, in exchange for the allotment
letters and deposit receipts, on Tuesday next.
With referent* to the sew Venezuelan Loan, tb•
following resolution was adopted yesterday by the
Committee of the Stock Exchange :
" Resolved-That the consideration of the at►-
pointment of a settling denier the Venezuela scrip
be deferred until the formal ratification of the loan
has been received by the contractors."
In arriving at this determination, the committee
appear to have been guided chiefly by Rule 57 of
the Stock Exchange, which provides as follows :
The committee will Dot maitien, nor take cognieroos of,
bargains side in sew bonds, stock, or other securities,
Mimed by any foreign government that has not duly paid
the dividends en farmer leans raised in this country, unless
such government shall have effected and carried oat •
satisfactory arrangement with the holders of such stock.
bonds, or other securities, ea which the dividends have been
left in smear.
The words which we have marked in italics have
a bearing upon the present case, inasmuch as,
though Venezuela has "effected" an arrangement
with her creditors, she has not yet " carried it
out."
There were no bullion operations at the Bank
yesterday.
In the Liverpool cotton market yesterday the late
enormous rise in American sorts was sustained,
while Surat and Egyptian were much dearer. The
transactions were considerable, reaching 15,000
bales.
At the ensuing general meeting of the Ottoman
Bank shareholders, on the 10th of next month, the
directors will propose a dividend at the rate of 10
per cent, per annum, together with a bonus of 5
per cent. for the half-year, and an addition of
15,0001. to the reserve fund, making this last up
to 93,0001.
The London and North Western Railway traffic
return shows this week an increase of 8,9991., and
the London and South Western an increase of
4,891/.
The receipts of the Great Western Railway of
Canada for the week ending the Bth inst. were
9,2661. sterling, being 2,2121. more than for the
corresponding week of last year.
The Stock Exchange Committee have appointed
the 26th August a special settling day in the shares
of the following communes, viz.:-Ceylon Com-
pany (Limited) ; Teplitz Colliery Company
(Limited).
The Canadian Oil Company yesterday sent a
spedal agent to Canada to make the arrangements
there necessary for immediately commencing busi-

nose.
With reference to the market for American secu-
rities, Mr. E. F. Satterhwaite reports as follows :
The market for Arsenals* securities to Landes has, since
mar last, remained very firm, with a good demised, especially
for railroad bowls ; end although quotations have advaaoed
'in nearly all dames usually dealt in here, no aasqusse
supply has come in for ale. United States Five per 'Pot.
an firm, at an advance of I per cent. The chief rise, how-
ever, bite been in Erie shares, amounting to 5 per omit. on
the preferred, and 3 per coot. oo the ordinary. The large
receipts of this company afford strong reason to expect •
dividend being paid on the preferred eta& within • few
months ; the opening of the Atlantic and Great Western
thia autumn to Akron will tend materially to improve the
winter receipts of the Erie Railroad.

WZDVIIIIDAT EVINING.
Consols, which closed yesterday at 931 to 1
for the 4th September, opened this morning at
the same quotation, touched 931, "buyers," and
closed at 931 to . For money the last price was
likewise 931 to a. The official lensinees report is
as follows :—Three per Cent. Consols, for money,
71 1,1, 1; ditto for amount (September 4),
934, ; Bank Stock, 238 ; Three per Cents. Re-
du 1, ; New Three per Cents., 931, ih
Thirty Years Annuities, 1885, 151 ; India Stock,
227, 229 ; ditto Five per Cent -Stock, 1081, ;
ditto for amount, 106 ; ditto Four per Cent. De-
bentures, 1864, 1001; ditto 1864 or 1866, 101; •
ditto Bonds, 28e. prem.; Four per Cent. "eufaccod"
rupee paper, 94, 93 ; ditto Five per Cent, 104.
The India Fire per Cent. Stock was quoted 10811
to ; India Bonds, 25a. to 28s. prem., and Ex-
chequer Bills, 18s. to 21e. prem., bang le. higher
than yesterday.
The transactions in Tnrkish securities continue
very numerous. Prices have again advanced, and
those current at the close, though below the best
point, showed a rim of nearly 1 per cent. in the
Loan of 1858, per cent. in that of 1854, and to
per cent in that of 1862. Egyptian scrip was
likewise better. Portuguese showed firmness,
while Venezuelan was heavy, owing to the
circumstances mentioned below. Other foreign
stocks were generally steady.
Ocean Marine Insurance shares were quoted to- •
day 10} to prem. ; Thames and Mersey Marine
ce Insuran, 2/ to prem. ; Commercial Union
Asioesces, ato dia. ; Universal Marine I to ,4
dia. ; London and Provincial Marine, dis. to
par ; and Mercantile Fire, 111-16 to 113- 6 prem. ,
The closing quotations for shares in new under-
takings to-day were as follows :—Bank of Rindos-
tan, 1 to Of die ; Northern Railway of Buenos
Ayres, par to prem. ; Buenos Ayres Southern
Railway, a to 1 prem. ; Beak of Queensland, 1 to
die. ; General Rolling tifidi, ato prem. ;
North London Park to 1 pun* Metropolitan
Wagon, 1 to 14 prem.