The Express.
London, England, 1865-05-01 00:00:00

MONEY MABILETe--(THIS DAL)

Two °Two'.

This being the dgy for striking the half-yearly
balance at the Bank of England, the transfer
&lime at that establishment are shut, and the
Stock Exchange is also closed, according to custom.
No business is consequently going forward in public
securities.
There is a good demand for money to-day, and
no transactions are reported in the best bills below
4 per cent.
It is with much regret we have to announce that
Mr. W. G. Prescott, the senior member of the firm
of Prescott, Grote, and Co., the bankers, committed
suicide on Saturday morning, at his residence,
near Roehampton. Mr. Prescott, who was 65
years of age, had been in bad health for some time
past.
It is stated that the prospectus of Mr. Laing's
project for the conversion of the Turkish home
debt will be issued to-day. The new stock
is termed the Imperial Ottoman Five per Cent.
Loan, and represents a nominal capital of 4,000,000
medjidies d'or or 3,636,3831. sterling, in bonds of
101., 501., and 100/.. each. The interest is payable
half-yearly in London, Paris, Frankfort, and
Amsterdam, and in medjidies d'or in Constantinople.
The loan is to be redeemable in 37 years by a sink-
ing fund of 1 per cent, which is to be applied by
. .

nimbuses in the market.

The inst,alnientis on

__
nd of 1001. are payable as follows :-51. on
application, 51. on allotment, 101. on the 13th June,
151. on the 13th July, less n coupon, 101. on the
13th Sept , and 51. on the 13th Oct. A coupon of
24 per cent. will be attached to the scrip, thus
making the price of the bonds 474. Subscribers
are to have the option of paying their instalments
under discount, at the rate of 5 per cent. per
annum. The General Credit and Financial Com-
pany are the London agents for the loan.
The subjoined notification, relating to the debt
of New Granada, has been forwaided to the Stock
Exchange by Messrs. Baring Brothers and Co. :

NEW GRENADA DENT.
Messrs. Baring Brothers and Co. have received by this
mail on account o Nen Granada dividends :
From Custom-house of Santa Marta 22,199 14 3
Sao Josi de Omuta 609 2 0
. Satanilla

Londe°, 2915 April, 1865. 0,099 16 6
About 175,000 sovereigns were withdrawn from
the Bank on Saturday for Antwerp. It is said that
DO further withdrawals will take place for Turkey,
in connection with Mr. Laing's project for the con-
solidation of the home debt.
The amount of government bills on India for
which tenders will be received at the Bank of Eng-
land on the 3rd of May, will be 30,00,000 rupees
(300,0001.)
Subjoined is a statement (from Mr. Slaughter's
Weekly List) of the railway calls falling due in the
month of May. They are of full average amount :
mamas per share.
Ai;.;4o Number
Due In May, 180. Date. Pahl. Call. of attares. Amount.
at. Northern 4782,990
New Stack lamed at
25 prem.
GI. Western £1,000,000
6 per cent. Pref., 1866 15 20 D. et. 22 D. et. .... 200,000
Imperial Mexiand York-
can lO 4 30 0 135,000 406,000
Lancashire
shire 45 shares
London and Month West.
£069,768 p. et. Pref. 1 dept. 50 p. ct.

RN Qr.

Total to May

Tor Qr.

34,510

428079

2E4,879

A:1,236,613

Amount called in five months of WM ge,1160.942
The prospectus of " Moore, McQueen, and Co.
(Limited),' is issued. This is another conversion
of a private firm into the joint-stock form, the ob-
ject being to purchase and extend the business of
Messrs. Moore, McQueen, and Co., the print,
chromo, and lithographic publishers. The busi-
ness is to be taken over by the company as from
the lst of March last, and the prospectus states
ttat "the accounts made up to this date by Messrs.
Sandell and Torriano show a net profit for the
last three years and nine months' tratling of up-
wards of 8,000/. per annum." The paragraph re-
lating to the terms of purchase is as follows :
The purehase•money for the lessee of the remises, the
goodeilL sod entire stook-in-trade, hes bees based upon
the catalogue and balance-sheet prepared for the directors
by Messrs. Sandell sad To/Thew, the accountants, and hes
been fixed st 25,000 i. in cash, debymente extending over
twelve =oaths, ead 35,0001. inntures of the company,
redeemable at three, four, sod five years intervals.

But it is added that :
The late proprietors hare guaranteed for a term of five
years a minimum dividend of 10 per cent. per barium, and
have further consented to a proportionate redaction of the
purchase-most should the net profits not realise 121 per
oent, on the amount of the paid-up capital during that tame.
Messrs. Moore and McQueen are to give their
exclusive services to the company for not less than
five years. The capital is 150,0001., in 16,000
shares of 101. each.
Another new undertaking is the Great North-
ern Brewery Company (Limited), which pro-
poses to raise a capital of 60,0001., in 6,000
shares of 101. each. It is intended to
purchase and extend the brewery of Messrs.
Harris and Emanuel, at Roman-road, Holloway.
The sum paid for the lease of the premises, of
which there is an unexpired term of 50 years, is
6,0001. The sum to be assigned to the present
proprietors is not stated, but it is mentioned that,
to show their confidence in the concern, these gen-
tlemen are willing to take two-thirds of the par-
chase money in shares, and to continue in their
respective positions as manager and brewer. The
first payments are 1/. per share on application and
21. on allotment
An extraordinary meeting of the Great Northern
Railway Company is convened for the 9th of May,
to consider no less than 27 bills now pending in
parliament.
A special meeting of the Midland Railway Com-
pany will likewise take place on the 16th of May,
at Derby, to consider a long list of bills now before
parliament.
The third ordinary meeting of the Bank of Hin-
dustan, Chins, and Japan (Limited) will take place
on the 15th of May.
The half-yearly meeting of the Great Indian
Peninsula Railway Company is called for the 19th
of May.
The annual meeting of the British American Land
Company will be held by adjournment on the 11th
of May.
The fourth instalment of 25 per cent. is to be paid
on the new ordinary stock of the Great Northern
Railway Company by the 15th May.
The share list of the Lucan Iron Works Com-
pany will be closed one Saturday next, the 6th of
May.
The subjoined report on the bullion market is
from the circular of Messrs. Sharps and Wilkins :
The inactivity which has for some time Cast characterised
the bullion market still matinees. Bar silver barn
however slightly improved during the put fortnight.
the state of the exchanges causing a trifling demand
for Holland. At present there does not appear any
probability of an early renewal of shipinenta to India.
the inquiry for names of remittance to that country being
exoseidiegly limited. The price of Nazism dollars remains
as last quoted, at 4s. 110, per or., hardly say transactions
having takes plans is these coins. A ameliorable amount
of gold has lately been withdrawn from the Bank of Eng-
land, the demand far export having been @efficient to
absorb all arrivals from Anglia& sad America.

liarolDAT Eviwura.

Consols, which closed yesterday at 94 to 91 for
the 9th of May, opened and closed to-day at the
same quotation. For money the last price wan 90;
to 91, and for the June settlement, 91i to 1. The
official business report is as follows =These per
Omit. Consols, for money, 91, 901; ditto, far so-
count, 901, 91 ; Three per Cents. Reduced, 881,
80 ; New Three per Cents., 881, $, 89 ; Bank
Stock, 242 ; India Stock, 217 ; ditto Five per
Cent. Stock, 107.
Indian government pecurities remain without
movement. Examinee Bills were likewise nag-
tered as 4s. to 7s. prem.
In the foreign stook market some heaviness pre-
vailed. Danubian and Peruvian Bonds declined
per cent.; Spanish Certificates,} ; Spanish Passive,
Mexican, and Turkish of 1868 and 1898, ;
sad
Greek and Turkish Coanolidis, e.