The Express.
London, England, 1865-08-25 00:00:00

MONEY MARKET.-(THIS DAY.)

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BASK OF strawrD.—An
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Aug la, ISM

Two o'Czoog.
The markets for public securities are rather
quiet to-day, with little business. Consols are
quoted the same as yesterday, and only a
few variations have occurred in foreign bonds,
English railway stocks, however, are in
demand, and have risen in several instanoes, the
most important movements being in Midland and
Great Northern A. Financial shares are steady.
The Government broker has bought 10,0001. New
Three per Cants. for the sinking fund.
The discount market is quiet to-day, and excep-
tional transactions have occurred in the beet paper
at 31 per cent., or 1 below the Bank minimum.
The rate for short loans in the Stock Exchange is 2
to 2} per cent.
At Paris to-day, according to Mr. Renter's tele-
gram, the Three per Cent. Rentes opened at
68fr. 35c., being about the same as yesterday.
Consols are now quoted 891 to 1 for money, and
891 to for the account (September 7). The
official business report is as follows :—Thrise
per Cent. Console, for money, 891, 1; ditto
for account, 89}, ; Three per Cents. Reduced,
891, 1 ; New Three per Cents., 891, ; India
Five per Cent. Stock, 1051, 105 ; and Exchequer
Bills, 3e. dia.
The foreign stook market is inactive, and prime
show no alteration, with the exception of a rise oil
* per cent. in Spanish Certificates and Mexican.
Some of the present quotations are subjoined,
viz. :—Greek, 201 to f ; Turkish Consolidds, 481 to
; Spanish Passive, 291 to f ; ditto Certifisates,
141 to 4 ; Confederate, 6 to 8 ; and Mexican,
231 to }.
Transactions are 'worded as follows :—Bra-
alien, 1852, 1868, 1860, 79 ; ditto, 1863, 79 ;
Egyptian, second issue, 98 ; ditto, 1864,
1001. Bonds, 96}, 1 ; Italian, 1861, for
account, 641, 1 ; ditto 1865, 781, ; ditto,
(Maremmana Railway), 711, 701; Portuguese,
1853, 471 ; Russian, 1850, 90 ; ditto, 1862, 92},
; Sardinian, for account, 76 ; Spanish Pas-
sive, for account, 291, } ; Turkish 1858,
for account, 741; ditto 1001. Bonds, 79} ;
ditto 1862, for account, 731, #, 3 ; ditto 1001.
- Bonds, 74 ; ditto 1865, 431 ; ditto 1001. Bonds,
44} ; Venezuela, 1862, for account, 381.
American securities are in request, and show a
slight advance. 5-20 Bonds are quoted 691 to 1 ;
Erie Railway shares, 531 to } ; Illinois, 781 to } ;
and Atlantic Railway debentures, 85} to 864.
International Financial shares are now quoted
} to 1} prem. ; General Credit, 1 7-16 to 9-161
prem., ex div. ; London Financial, 61 to 71
prem., ex div.; Imperial Mercantile, 14 to } prem.;
Credit Fonder and Mobilier of England, 3 to
pram.; Ottoman Socidtd Gdn4rale, 2} to prem.;
Hudson's Bay, 151 to 1 ; and °reread, Gurney,
and Co., 31 to 1 prem.
A further sum of 52,0001. in gold was sent into
the Bank yesterday. The 286,0001.
dby
lt the Swift-
sure, from Melbourne, yet to be ea with.
A meeting of the holders of Central American
bonds was held yesterday, Mr. J. D. Powles in the
chair, for the purpose of receiving an offer from the
government of Honduras for the settlement of the
portion of the debt appertaining to that repptlaieca
when the following resolutions were
unanimously :
Resolved—That this meeting, having takes into onside-
rattou the proposition contained in the letter of his Ezoel-
Lenny Senor Gutierrez, minister plenipotentiary from the
republic of Honduras, and Senor Alvarado, special commis-
sioner from the said republic, addramed to the committee of
Spent& American bondholders, dated 14th lest., for the
liquidation of that portion of the debt of Central America I
appertaining to the said republic, does hereby accept the
ad same, and does hereby authorise the committee of Spanish
American boedholders to ooncludean agreement with the mid
red representatives of the republic, in conformity therewith.—
" That on the issue of bonds in conformity with the said
sd weeniest at the rate of 03 per seat. to each holder of Cen-
tral Americas Bonds the following words be endorsed on
the said beads:—' The claim on the republic of Hoodures in
respect of this bond is discharged.' ^—" That in the event
of the representatives of the republic of Honduras being
esabled to raise a loan for the purpose stated in their letter
to she committee of Spanish American Bondholders, dated
the 22nd inst. by the creation of additional bonds to the
amount of 80,00 M., the said beads may be placed on the
same footing as those to be crested by the foregoing mole-
id ideas on the following oondition t—That the assignment of
the revenue of customs shall be increased from 10 to 224 per
oent. ; and that from and after the 31st December, 187,
the amount applied to the redinuptios fund shall be 16,60001.
per sanum.''
The directors of the Credit Fonder of Mauritius
sd (Limited) have issued a circular stating that
the accounts for the first half of the current
year have been received from the Mauritius board,
and that a net profit is shown of over 3} per cent.
for the six months. As, however the articles of
association do not adroit of a higher interim divi-
id dend than at the rate of 5 per cent• per annum, •
distribution at that rate has been ordered accord-
ingly, free of income-tax.
The Great Western Railway traffic return shows
this week a decrease of 3241. compared with the
corresponding week of last year ; the Great
Northern an increase of 5,1231. ; the Lancashire
and Yorkshire an increase of 1081. ; the Groat
Eastern an increase of 1,6001. ; the North Eastern
an increase of 2,5491. ; the Manchester, Sheffield, II
and Lincolnshire an increase of 1 5981. ; the London,
Chatham, and Dover, and Metropolitan Extension
and Branches an increase of 1,213/. • the London
and South Western an increase of 1,6231. ; and the
North British an increase of 8601.
The traffic receipts of the Atlantic and Great
Western Railway for the month of July amounted
to 595,523 dole. against 332,098 dole. in the ear-
-1 responding month of last year, showing the ex-
traordinary increase of 263,425 dole.
An extraordinary general meeting of the Land
Securities Company is called for the 2nd Septem-
ber, to confirm the resolutions passed at the special
meeting of the 18th inst., defining the objects sod
business of the Company under the Mortgage De-
benture Act of 1865.
xd An extraordinary general meeting of the London
u, and Mediterranean Bank will be held on the 13th
September • and the first ordinary general meeting
of the International Land Credit Company, on the

14th.
The London and South Western Bank have re-
moved their bead office to East India-avenue,
Leadenhall-street ; the late bead office in Regent-
street will in future be the West-end Branch.
The return of the Bank of England for the week
ending Wednesday, August 23, compared with that
for the previous week, shows the following changes :
Circulation isms 027,920,775 lonises £27,925
Circulation active 21.776,125 Deems* 198,820
Piddle &pont.
Misr deposits
Clovsrathent secwities in
braking department 10,384,209 No change.
Other sevaritiee banking
denininvest
osi sad bunion in both
dessetssmita
Msday sod other bills 52t,481 Deaths* 10,669
Ties lab 8.508.833 Demers 30,618
Notes in reserve ...... 41.144,650 theism 226,745
Total reserve (sates k this)
is beakiag bspartesens
Although the reduction in the other securities
is nearly compensated by the withdrawals of the
other deposits, the additions to public deposits
have caused au increase in the reserve. The aug-
mentation in the bullion closely corresponds with
the total of foreign gold known to have been sent
into the Bank during the week.