The Express.
London, England, 1865-09-13 00:00:00

MONEY MARKET:4TRIS DA U.

Two °Viz=

The stock markets to-day are steady, though
there is little business. The funds are unal-
tered in price. In the foreign stock market
the only movement of importance is a rise in Greek.
The stooks of one or two of the chief home railways
are rather better. The principal business
to-day consists of preparations for the half-monthly
settlement in shares and foreign stocks.
The demand for discount oontinues fair, and the
rate for the best short-dated paper is maintained at 31
to 4 per cent. The charge in the Stock Exchange for
short loans on English government securities is 3
to 31 per cent.
At Paris to-day, according to Mr. Reuter's tele-
gram, the Three per Cent. Relates opened at
69fr. 270., showing no change.
Consols are now quoted 891 to for money, and
89i to 90 for the account (Oct. 10). The official busi-
ness report is as follows ;--Three per Cent. i
Consols, for money, 891, ; ditto for account,
891; Three per Cents. Reduced, 881,
1 ; New Three per Cents, 881, 1, 1 ;
Bank Stock, 248 ; India Five per Cent. Stock,
1031 ; ditto Bonds, 26-s. prem. ; Five per Cent.
" enfaced" rupee paper, 1011.
The government broker has bought to-day
10,0001. New Three per Cents., for the Sinking
1 1_ Fund.

II

9011

-
101

-
Very few transactions have taken place in foreign
stocks. There is a demand, however, for New
Granada Bonds, which have advanced. Greek have
also risen per cent, and Turkish Consolides I •
Some of the present quotations are subjoined, via
Greek, 211 to ; Turkish Consolides, 491 to 1 ;
Spanish Passive, 291 to 301 ; ditto Certificates, 141
to 15; Confederate, 6 to 8 ; and Mexican, 244 to 4.
Transactions are recorded as follows :—Egyptian,
1864, 961; ditto 100/. bonds, 96, 1 ; Greek,
21 ; ditto, account, 211, 4 ; Mexican, 241 ;
New Granada, 14, 4 ; ditto Two per
Conte., 321, 3 ; Portuguese, 1856, the., 474 ;
Russian, 1822, 931 ; Spanish Passive, 301 ;
ditto Certificates, 141 ; Turkish, 1858, 724 ; ditto
1862, 1001. Bondi, 741, 51 ; ditto 1865 ; scrip,
54 die.
International Financial shares are now quoted
1 5-16 to 7-16 prem. ; General Credit, 11 to 2 prem.,
ex dir. ; London Financial, 81 to 4 prem., ex
div. ; Imperial Mercantile, 11 to 1 prem. ; Credit
Foncier and Mobilier of England, 31 to
prem. ; Hudson's Bay, 151 to 16 ; and Overend,
Gurney, and Co., 34 to 1 prem.
The arrival of 324,5001. in specie is announced
to-day. The Tasmania from the West Indies, has
brought 177,5001. ; the Transatlantic, from Port
Phillip, 127,0001. ; and the City of Baltimore, from
New York, 20.0001.

FOUR O'CLOCK.
Console are fraction►lly lower, at 891 to 1 for
money, and 89i for the account. It is stated that
the prospectus of the new Brazilian Loan will be
published to-morrow. About 55,0001. in gold has
been sent into the Bank.

There was no material alteration in the foreign
exchanges yesterday afternoon, but the tendenoy of
the rates was slightly unfavourable. Subjoined is
our urinal list :
Amsterdam, 3 menthe, 12.0 i to 1 : ditto, 3 days. 1138
to 19, Rotterdam, 3 months, 12.0 i to t ; Antwerp,
3 months. 25.474 to 524 ; Hamburg. marks beoco, 3
swathe, 13.94 to 10 ; Par.s, 3 days, 25.20 to 274 ; ditto. 3
maths, 26.424 to 474 ; trwilifort-en.therMaine. s months,
1204 to 4 ; Pounburv. per rouble 3 mouths. 304 to II ;
VilMali. 3 months, MI 8'5.11.222) to 274; Trieste. ditto,
3 maths, 11.224 to 274 ; Madrid. 3 months, 474 to 8;
Omits, 3 months, 474 to 4 : Leghorn, 3 ranatles, 25.55
to GO ; Milaa, 3 mouths, 23.55 to GO ; Genoa, 3 months.
25.55 to 60 ; Lyles, 3 months, 25.55 to GO ; Palermo. 8
months, 25.65 to 25. 60 ; /11essina, 3 months. 25.55 to 60 ;
Lisboa, 90 days, 514 to 4 ; Oporto, 90 dem 514 to 4.
The Stock Exchange Committee have passed the
following resolution :
Resolved neanimouely,—That this committee, finding
series' dworepancies between the prospectus mid articles of
amoolation of the Glamorgan Iron sad Opal Company
(Limited), and also that there were many objeettoonbis
ad practices is the promotios of the acoupany, sod is the allot.
meet of shires, destine to appoint a sealing day.
The proposed dividend on Edinburgh and Glasgow
Railway Stock is officially announced at the rate of
di per cent. per annum, with a bonus of 7a. 6d. per
cent. against 4} for the corresponding period of I
1864.
The extraordinary meeting of the London Mer-
chants Company (Limited) took place yesterday, and
• was of an unusually iutereeting character. The pro-
ceedings were opened by Mr. John Fleming, ALP.,
who moat efficiently discharged the duties of chair-
man. He explained that, although the directors
i bad issueda circular, which had been duly received
by the shareholders, the board had no idea of
forcing their wishes, bet that, on the 1
contrary, the object of the present meeting'
was to take their sense as to the future operations
of the company. He further stated that he re-
tained his opinion that the principle on which the 1
sompany was founded was sound, and that the
goodwill of the three businesses to be amalgamated
was worth the sum mentioned in the prospectus.
The company's funds have been lying at interest,
and business has been carried on successfully
throughout. With these explanations, a formal
resolution was moved that the company should
continue operations, subject to the sanction of the
proprietors, whose decision on the matter would be
received as final. Hereupon it was proposed as an
amendment by Mr. J. S. Coneens that the
subscribers' money be returned, and that
. the undertaking be not further proceeded
' with. At this point it was handsomely
announced by the directors that, though they
held proxies to some amount, they would refrain
altogether from using them ; thus leaving the
question entirely in the hands of the meeting. Mr.
Cousens' amendment having been carried unani-
mously, the chairman stated that the directors
i would be prep teed to return the deposits to the
subscribers, with 5 per cent. interest. This gene-
roue offer evidently took the meeting by surprise,
but, consideration being expressed for the directors,
on the ground of the expenses which they will
ad have to meet, it was finally resolved that the sub-
ad
se scribers shall simply receive their money back,
without interest, and it is underatood that
this course will be adopted m quickly as I
may be consistent with the execution of the.
art proper legal forms. A cordial vote of thanks
was passed to the board, and to the chairman in
particular. Thus this undertaking, which, though
good in itself, has fallen through io consequence of
the want of unanimity at the board, will be most !I
creditably wound up. 1
A special general meeting of the Imperial Otto-
man Bank shareholders will be held no Wednesday,
the 15th November, at the London Tavern.
The Grand Trunk Railway Company have an-
nounced the payment of the interest on the Atlantic
and St. Lawrence sterling shares and certificates,
on and after the 15th instant.
The following is the report of the directors of the
Loudon Brnk of Mexico and South America
(Limited), to be presented at the general meeting
on the 19th inst. It shows net profits et the rate
of 20 per cent. per annum, reckoning from the dates
of payment of the call. :
In equeplienee with the request impressed by the share-
' beleses at the Lt general unetieg to the effect LA
sash
mostiege shoed* is (stare be held'half.yearly, the diretors
hue pleasure is ado of them together em the present oar-
Mon, fee the geurpoe. e of sitheitt mg the sobjelsed statement
of somas* duly vonched by the auditors. sad si aselasiog
as interim dividend. Prone these secosats it will be Seen
that be ties six maths tedium 30th Sage last
the bedews ef the bask at its word brushes. has tiled*
very satisfestory premiss ; the sett pram. Mks hauct.Psf
rebate of interest, eeriest expos► a, sad providing for DUI
vni hash:fel debts. emanating to 72,8841. 17,.. I.olir .boot
razttir......zr.96thitistapbrozre. from