The Express.
London, England, 1865-08-14 00:00:00

MONNY DAY.)

Two o'Cwou.
In the stock markets today the dealers are
obl4y Gained in the settlement of the fort-
nightly account, which has just coroutsseed,
sad very little other business is *bill
forward. The tone, nevertheless, is instil
unfavourable. Consols are steady, at the imptifroi
meat of Saturday, and English railway securities
,are better in serval instances. Foreign bonds argil
mostly unaltered, but there is some inquiry for,
the stook of the Confederate loan.
The demand for money to-day is moderate and,
the supply large, yet:the rate for the best paper is
maintained at 4 per oent. In the Stock Exchange
short loans are obtainable at 21 to 3 per cent.
At Paris to-day, awarding to Mr. Renter's tele-
nencra,
gram, the Three per Cent. Emotes opened at
67fr. 96a, showing no change of importance.
Consols are now quoted 894 to 4 for money, and
894 to 4 for the account (September 7). The
official business report is as follows :—Three par
Cent. Consols, for money, 891, 1, 4 ; ditto, foe
saeoent, 894, 4 ; Three per Cents. Red '
891 1 ; New Three per Ceuta., 891, 4 ; Bank Stook.
2491 ; India Five per Cent. Stook, 1044, 4, 106;
Five and a-Half per Cent. " enfitoed° Rapes Pape,
i
108.
Turkish Compolidis continue flat, and have fur-11
ther receded 4 per cent. Greek and Spanish
Passive Bonds have oleo declined 4. On the
other baud, Confederate are rather firmer.
Souse of the present quotations are subjoined,
viz. ;--Greek, Elf to 4 ; Turkish Consoiidds, 49 to
1 ; Spanish Passive, 284 to I ; ditto Certificates,
134 to 4 ; Confederate, 6 to 7; and Mexican,
' 224 to 23. Transactions are recorded as follows:
Dutch Two-and-a-Half per Cents., 62 ; Danubisn
774; Napalms, second issue, 971 ; dittp, 1864,
934, 944 ; Italian, 634, 4 ; ditto 184th, 774;
Moorish, 961, 96, ex div. ; New Granada Deferred,
64, 4 ; Portuguese, 1856, Ac., 474 ; Russian, 1822,
93 ; ditto. 1864, 961, i ; Spanish Passive, 281 ;
Turkish, 1862, 724, 731 ; ditto 1001. Bonds,
734, 4 ; ditto, 1866, 44 ; Venezuela, 1864, 41.
International Financial shares are now quoted
to I prem.; General Credit, 4to 4_ prem.

London Financial, 6f to prom., exdiv. ;Imperial
Mercantile, It to f prem. ; Credit Fonoier and
Mobilier of England, 3f to prem. ; Ottoman
BociA4 Gdndrale, 2} to f prem. ; Hudson's Bay,
In to
The present (but in BOWS cease nominal) quota-
tions for the shares of some of the new oompenies
are subjoined :—Atlantic Telegraph, 2} to 2} dia.;
Msasa-Carrara Marble, *to prem. ; Overend,
Gurney, and Co., 21 to I prem. ; London Bridge
Land, fto prem. ; London Jute, Ito prem. ;
and Hop and Malt Exchange, 3 to I prem.
American securities are again somewhat lower.
6-20 bonds are now quoted 66} to / ; Erie Rail-
way shares, 541 to 1 ; Illinois, 715} to 76 ; and
Atlantic Railway Debentures, 86* to 86f.
There were no bullion transactions at the Bank

on Saturday.
The Atrato, from the West Ind baa brought
184,5001. in specie •, the Suffolk, from Poet Philip,
127,0001. ; and the Africa, from New York, 5,5001.,
making a total of 317,0001.
A special meeting of the Bt. Nasaire Company
will be bald on the 18th, to eonsider a proposed
amalgamation with the Sainte des Orlochts Gin&
ran: de St. Nazar°.
An extraordinary meeting of the Italian Irriga-
tion Company is also called for the 14th Septem-
ber, to °consider a proposed modification in the eon-
vention of the 9th May, 3882, and also to decide
upon financial arrangements.
The following remarks upon the general com-
merce of the country are extracted from Travers's

oasuthr :
Ptheiguers reading*, dull reports of our markets that
beet appeared ushrierristhedly for months past, ors doubt
less led to later that the prosperity of the country is at
moment far brew its venal standard. Nothing could be
more opposite to the fact. At no period has oar trade bees I
so profitable it extensive. This is demonstrated not only
by the atrial Muriel, the state of the labour market, sal
Or *meant of farrow), in the beads of the public, bat
also by the Inferences smarted by a variety se
ether cirousestasere. Before the does of the Arm
rime war Ragland bad virtually sartired the
athreend of all the markets of the world, aod this polities
has bees strong:booed niece the peace, borer the Olt.
chaste of the United States are now, is some little &girth
emboldened to seek supplies of various goods front us ;
while, at the suer lire, the 'militants." of their netrithive
tariff still shuts out all possibility of their compring with
free nations is manufacturing industry. Rut, as has heel
Were remarked, it is to the breaking down of the level
sherries that prevented the smociation of venom es tie
priseiple of limited liability that we are to list • for
the sera °thee of our recent advaaosesest, red the
prospect of its continuance. Happily, the remove.: of these
restraints was effected fast at the moment what all
the Georgia of the ooastry were meet required to he
exerted, owls/ to the sthdenoess of the American crisis:
sad there Gan be as doubt that, under other arouse
graces, we could not, to anything like the guise carat,
have availed ourselves of our opportunities. The remit
' ethaosios of the priselpie to private nerthereldpe may in
like imager, be expected to lead to great admirer.
Illesswirite, the dimmed= Is the Stook Etches" 1110.1111.
must es the indiscriminate manner Is which earns, have
been brought out by preforms,' promoters, will last
the salutary check seeded k that was seed to avert the I
supplyialto evortrading. A moral fall in the pram of securities,
so far tram being Itberestly as indicates of an unfavenr.
able ccoditios of postwar), is one of the Inevitable results
of lane commercial profits ; sea., if a man can wifely
make 10 or 13 per oar. in trading invertmestr, be wit
sot be likely to rem .in content "tele securities thst•ordi.
warily psy sly 3 or 4 pet err., or to allow hie maser to be
looked up is specelatles panthers of produce. Corr-
gamey, is the preseut state of affairs. declining !gloss thee
to base been salicipated, end when, in addition to file
tendency, distrust is inspired by the proceedings of a fe.
molder thvgathrers, a vegetal feeling of dulness is fronted
width operas to prevent the istlatioo that would other-
wise certainly be withered.