The Express.
London, England, 1862-11-11 00:00:00

4 1 1
i

MONEY MARKET.-(TECIS DAY.)

Two o'CLocw.

The funds to-day are rather flat, and the im-
provement of per cent. which occurred on &tar-
day has not been maintained. The other markets
are likewise dull. English railway stocks show a
drooping tendency, the principal exception being
South Eastern, which continues in demand and is
rising. Foreign stocks continue to meet with a
good deal of attention. Greek Bonds are in chief
favour to-day, while Turkish are rather heavy.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Routes opened at
701 r. 60c., but recovered to 70fr. 70c., being per
cent. lower than yesterday. _

Consols are now quoted 931 to 1, cum div.,
for money, and 921 to 1, ex div., for
the account (Dec. 4). The official business
report is as follows :-Three per Cent. Consols,
for money, 931, 4,4, cum div. ; ditto,
for account, 921, 1, ex div. ; Three per Cents.
Reduced, 911, 1, 92, 911; New Three per Ceuta.,
911, 92, 911; Thirty Years' Annuities, 1885, 151 ;
'lndia Five per Cent. Stock, 1091, ; ditto Four
per Cent. Debentures, 1864 or 1866, 1001 ; ditto
Bonds, 31s. prem. ; Five per Cent. "enlaced
rupee paper, 1051 ; ditto Five-and-a-Half per
Cents., 1121 ; Exchequer Bills, June, lbs., 165.,
145., prem. ; ditto March, 17c., 19e. prem.
In the foreign stock market the chief inquiries
have again been for Greek Bonds, which have
attained a fresh rise, having been marked as high
as 161 ; the last transaction is at 161. The
coupons have participated in the advance. The
Turkish Loan of 1854 is quoted 83 to 4,
while that of 1858 is rather lower, at 69 to
4, and the scrip of the last loan at to 1
premium. Venezuelan scrip is quoted 1/ to
0/ die, ex div. Russian, 14 to 2 premium,
cum div. ; Portuguese, 2/ to prem. ; and Peru-
vian, 11 to 11 dis. New Granada Bonds are steady-
Turkish Consolides have declined to 371 to 4.
Transactions are recorded as follows :-Brazilian
Five per Cents., 1839 and 1859, 991 ; ditto Four-
and-a-Half per Cents., 1852, 1858, 1860, 951, 1,
; Buenos Ayres Six per Ceuta., 92, 93 ; Egyp-
tian Seven perCenta., second issue, 881; Greek Five
per Ceuta., 161, 1, 151, 161 ; ditto Coupons, 71, 4,
7, ; Mexican, for account, 331, 1 ; New Granada,
ex overdue Coupons and Hectares, 121, 1,1;
ditto Deferred, 64 ; Peruvian scrip, 11, 2,
; Portuguese Three per Cents., 1862, 461,
; ditto scrip, 21, 1 prem. ; Russian paid-up scrip,
931, ex div. ; Sardinian Five per Cents., for
account, 841, 831 ; Spanish Three per
Cents., for account, 541, ; ditto Passive,
221; ditto Certificates, 91; Turkish Six per Cents.,
1854, for account, 831, 83 ; ditto 1858, for account,
691, 1, 69 ; ditto 100/. bonds, 741, 734 ; ditto scrip,
4, prem.; ditto paid-up, 684, 4, ; Venezuela
Three per Cents., for account, 271, ex div. ; ditto
One-and-s-Half per Cents., 134.
The shares of the English and Irish Bank are
quoted to 1 prem.
. .

. - -
The payments on the recent foreign loans con-
tinue to occasion periodical draughts on the money
market. An instalment of 15 per cent. fell due
yesterday on the Russian Loan, less the dividend of
2i per cent-, and the amount previously paid in
full. An instalment of 20 per cent. is payable on
Friday next on the Peruvian Loan, and on Satur-
day one of 10 per cent. on the Venezuelan.
In the absence of supplies immediately available
in the market, 46,0001. in bar gold was withdrawn
from the Bank yesterday for transmission to the Con-
tinent. The arrival is announced, however, of the
Roxburgh Castle, from Melbourne, with 264,5001.,
which is expected to be despatched abroad, as well
as the 197,0001. by the Moravian. These remit-
tances have yet to reach London.
The shipments of silver by the outgoing Bombay
steamer, the Mora, will be on a larger scale than
for a long time past. The total is expected to
exceed the enormous sum of 800,0001. Such is the
immediate effect of the change In the source of
our cotton supply. It is mainly on account of this
heavy demand for silver that gold is despatched in
such large quantities to the continent to pay for it.
The monthly return of the Bank of France will
be published on Friday next.
The fortnightly settlement in shares and foreign
stocks will commence to-morrow (" continuation
day") and terminate on Friday.
Mauritius Government Six per Cent. Debentures
for 200,0001.—being the first instalment of a loan
of 1,000,000 L, authorised for railway purposes—
were disposed of by public tender at the offices of
the agents-general for Crown Colonies on Satur-
day. The tenders received amounted altogether to
1,118,8001. The minimum declared was 1061
and at and above that rate the applications reached
414,9001. The tenders accepted ranged from
1071. 131. to 1081. 3a. &1., and averaged 1071.
14s. 4d. These prices ought to be very satisfactory
to the government of the colony.
Holders of scrip certificates of the Egyptian go-
vernment loans are requested to present them to be
exchanged for bonds on Monday or Thursday next.
The prospectus of the Victoria Hotel Company of
Pan (Limited) is iu circulation. The object is to
supply a want felt by the numerous members of
the well-to-do classes who resort every year to the
mild climate of Pan as a winter residence. It ap-
pears that the existing accommodation is quite in-
adequate, the number of visitors wintering there
having increased from 1,300 in the year 1859-130 to
3,000, last year. The influx is expected hence-
forward to increase still more rapidly, owing
to the railway facilities now presented.
It is intended to erect a new building,
combining all modern improvements, upon an
eligible site commanding a tine view of the
Pyrenees. Pending the erection of the new struc-
ture it is proposed that the company shall carry on
business at the Hotel de France, which has been
purchased for the purpose. Reference is made to
the decided success which has attended the opening
of the Hotel du Louvre at Paris. The hotel is to
be managed by a resident committee, who will
report monthly to the London board. The cost of
the new building, including its complete equipment.
is to be about 130,0001. The capital is fixed at
140,0001, in 201. shares of which a large number
are stated to have been already applied for in
France. Five per cent. interest is to be allowed on
the paid up capital during construction.
The list of coutributories of the Anglo-Frenck
Agricultural Trading Company (Limited) is to be
settled in the Bankruptcy Court on the 20tli inst.
Tho Ziba has arrived from China with 646,2861bn.
of tea.

MINES.-(THIS DAY.)

Two o'CLoow.

The mining market is inactive to-day, with little
business. East Caradon shares are very fiat, at 38
" sellers," while Great Wheal Fortune are
firm at 28 to }. East Carn Brea are quoted
13k to ; Wheal Uny, 71 to? ; Wheal Union, 61.
to I ; Wheel Lto ; West Tolgua, 50 to
ndeott, ill
52 ; Great South Tolgua, 6 to 7i; ; and Wheal
Sithney and Carnmeal, 21 ton.
Foreign and colonial mining shares are quiet.
Yudanamutana are firm, and have been dealt in at
31} and 32. United Mexican are officially marked
bi, ex div.
The shares of the St. Cuthbert Mining Company
are quoted it to ;I; prem.
Petitions for the windin up of the nudermen-
Itionedoompanies, viz., the Trefulack United Mining
Company, the Wheal Furedon Mining Company,
the Wheal Emily Mining Company, the South
Wheal Kitty Mining Company, and the Wheal
Henry Mining Company, have been presented in
the Stannaries Court, and are to be beard on the
20th inst.

At the deraewee Mimi meeting yesterday the accounts,
including November oosS, showed a. debit balance of
671. 10e. A call et ss. per share was made.