The Express.
London, England, 1865-05-30 00:00:00

MONEY MARKET.-{THIS DAY.)

Two OVUM:.
The stook markets to-lay are firm, owing to the
abundance of money and influx of gold. The
funds have risen per cent., a further stimulus
having been given to them by a purchase
of 46,0001. New Three per Cent. stock for the sink-
ing fund. In the other markets the completion of
Ile settlement engages attention, and, business
being inactive, prices are mostly unaltered.
The discount market is quiet to-day, and the
supply of money large. The rate for good bills is
31 to al per cent. There is rather more demand in
the Stock Exchange for loans from day to day on
English government securities, and the charge has
advanced to 24 to 3 per oent.
At Paris to-day, according to Mr. Reuter's
telegram, the Three per Cent. Ratites opened at
67fr. 250., being 50. lower than yesterday.
Consols are now quoted 914 to 1, with div., for
money, and 891 to ex div., for the account
(June 8). The official business reportisasfollows :
Three per Cent. Console, for money, 911, 91, ; ditto
for amount, 891, 1 ; Three per Cents. Reduced,
89, 1 ; New Three per Center, 89, 1 ; Annuities,
1885, 141 ; Bank Stock, 2401 ; India Five per
Cent. Stook, 1061, 1 ; ditto Bonds, 16e., 1.9 a, 20e.
prem. ; and Exchequer Bills, 5a., Is. prem.
Mexican Bonds have improved per cent., while
Turkish Consolidds have declined 1. Other
foreign stocks remain at yesterday's prices.
Some of the present quotations are annexed,
viz. :—Greek Bonds, 20 to 1 ; Mexican, 244
to 1 ; Confederate, 7 to 9 ; Spanish Pas-
sive, 311 to # ; the Certificates, 161 to
; Turkish Coneolidds, 481 to 1, ex div
Transactions are recorded as follows :—Danu-
bian, 81 ; Egyptian, 1864, 931 ; ditto 100!
bonds, 931 ; Mexican, 241, ; ditto for ac-
count, 241, 1 ; ditto 1864, 234, ; Peruvian, 1862,
80 ; Portuguese, 1856, .Itc., 481, ; Russian,
1862, 901, 1 ; ditto, 1864, 93/ ; Spanish, for ac-
count, 484, ; ditto New Deferred, for account,
401, 1 ; ditto, Passive, for account, 314, ; ditto
Certificates, for account, 16# ; Turkish, 1862,
1001. bonds, 734, 741 ; ditto Guaranteed, 1004 ;
Venezuela, for account, 171.
International Financial shares are now quoted
_ 1 to 4 prem. ; General Credit, 11 to
prem.; London Financial, 61 to 71 prem.; Imperial
Mercantile, 11 to 2 prem. ; Credit Foncier and
Mobilise of England, 31 to 4 prem., ex div.
Ottoman Sociit4S Gdudrale, 21 to 3 prem. ; and
Egyptian Trading, 11 to 1 dia.
The quotations for the shares of some of the new
companies are subjoined :—Metropolitan District
Railways, 94 to 104 prem. ; Moscow Gas, 11 to 1
dis. ; Russian Iron Works, 71 to 84 prem. ;
Anglo-Egyptian Navigation, 41 to 1 prem. ;
Varna Railway, 94 to 104 prem. ; Ottoman Com-
pany, Ito 11 prem.; Lion Brewery, 3 to 1 prem. ;
Northern Assam Tea, old blares, to 1 prem. ;
ditto New or B, 1 to 1 prem. ; Peruvian Railways,
2to prem. ; Dublin Trunk Connecting Railway,
3 to 1 prem.
We learn that the applications for the 1,212,0001.
of Metropolitan Extension A stock of the London,
Chatham, and Dover Railway Company, have
amounted to 124,000 certificates, representing
—4,960,00 W., of which considerably more than the
whole amount to be allotted has been actually ap-
plied for in the paid-up form. The certificates are
now quoted 44 to # prem., and the fully paid 5'
to I prem.

Foos o'Osocs.

Consols are per cent. better, at 91i to I, with
div., for money, and 89i, ex div., "buyers,"
for the account. 13,000 sovereigns from Egypt
have been sent into the Bank.
The steamer Shannon has arrived from the West
Indies with no less than 571,0001. in gold and
silver. The Euxine, from Alexandria, with the
heavy portion of the Bombay mail, has also
brought 22,7241. in specie, in addition to gold bars
of the value of 650,000 rupees (65,0000.
The South Eastern Railway traffic return shows
this week a decrease of 1861., compared with the
corresponding week of last you ; and the Brighton
a decrease of 7,055/., the corresponding week of
last year having been the race week Company
The meeting of the Oriental Gas took
place yesterday. The available balance was stated at
8,6381., out of which a dividend was declared of be
per tient., free of income tax, making, with the
interim payment of 2} per cent in December last,
a total distribution of 8 per cent. for the past year.
It appears that the Stock Exchange Com-
mittee have authorised the shares of the Trinidad
Petroleum Company (Limited) to be marked in the
official list.
The directors of the New Zealand Banking Cor-
poration (Limited) have issued their report, to be
presented at the third half-yearly meeting on the
6th of June. We extract as follows :
The annexed balenorshest contain the audited acconaisl
of the bask for the half-free from the 15th November,
1864, to the 15th May, 1865, and exhibits a net profit of
3,532 i. 14a. 7d., which the directors propose to appropriate
as follows:—To payment of a dividend at the rate of 10 par
met. per annum for the past six months, 2,7661. 17a. 2d. ;
to usual proportion of prelimiaary osmoses, 2701. ;to
write off lame and furniture, head oaten, 281. 4a. ; to
owl forwsrd. 4671. 9e. 5d ; total, 3,5321. 141. 74. Since the
lest meeting of shareholders, the Cdonial Act has been ob-
tained, empowering the bank to issue by owes notes,
beaks p
it on the same footing as other
beaks utoorporated by (colonial charter, the
title being altered to the more distinctive mine of
"The Commercial Bank of New Zeeland (Limited)."
The Act of lnoarporstion has not yet cocas to hand, but as
soon as it is received it will be placed before the share-
holders. With a view of protecting the interests of the
shareholders, the directors have to report that a local board
her been formed at ',media, consisting of hts Honour J.
Hyde Harris, stmeriatendent of Otago, and H. Hey-
sold% and ILP.O. ; mod the directors have
to ask the shareholders to ombret their nomieatioa. The
betimes of the bank continues to prosper nosier the able'
enanagemeet of Mr. John Reid Matikessie, the general
manager at Dunedin.. During the past six months. as agents
far the Dunedin Gas Company, the beak has been moons-
fel Is placing that eompany's debentures on favourable
terms, and: notwfthstanding the heavy failures that have
takes plain la New ZealaM, only me bed debt has bees
Incurred, which partakes more of the character of a freed '
than a trading lose, amounting to 700 f., which has bees d•-1
bited to profit and loss.
The first ordinary general meeting of the Tyne
Iron Ship Building Company (Limited) is called
for the 14th of June.
The first ordinary general meeting of the Free-
hold and General Investment Company will be held
on the 6th June.
The prospectus of " Evans's (Covent-garden)
(Limited)," is issued. The object is to purchase
the establishment in Covent-garden, where the
hotel department is to be especially improved and
developed. The purchase money of the lease,
goodwill, furniture, fittings, paintings, &c., is
30,0001. The present proprietor takes "a conside-
rable portion" of the purchase money in paid-up
shares, and will also sit at the board. The capital
is 60,0001. in 6,000 shares of 101. each, but it is
not contemplated to call up more than 61. per share.
The chairman is Lord William Lennox.

There was also an improvement of 4 it
Spanish Deterred Three per Omits., Partv=
and Italian Stock, to in 10-Turkish
of 1858 and 1862, 4 in Turkish Ooneolidla 1 fa
Buenos Ayres Deferred, and the Marminuana Rail-
way Loan, and in Russian Old Five per Oenta Oa
the other hand a decline of occurred in Confede-
rate and Danubian and in Mexican Old Bonds.
The fall in the latter was caused by a rumour tint
the Emperor Maximilian contemplates sending an
envoy to the Emperor of the French.
Notwithstanding the firmness apparent in the
other departments of the Stock Exchange. beak
shares remain flat. A reduction took place in
Alliance, Bank of London, Continental, English
Joint Stock, Metropolitan and Provincial, Midland,
North Western, and Standard Bank of Africa.
There were inquiries, however, for the shares of
the Bank of New Zealand.
Hudson's Bay shares were last quoted to-day 154
to 4 ; National Discount, 104 to prem. ;
Joint Stock Discount, 14 to lk dia.
Egyptian Trading, 14 to 1 din. ; Ottoman Socifti
Gintirale, 24 to 3 prem. • and Milan Improve-
ments, 54 to prem. Commercial Union Inver-
&moo Trinidad Petroleum, and South African
Mortgage and Investment shares, were quoted
better, while Land Securities, Northern Amain
Tea, Otago and Southland Investment, Peninsular
and Oriental Steam, and Quebrada Land and
Mining, receded.
The shares of the financial companies were steady.
Imperial Mercantile Credit have slightly im-
proved. The " continuation " on Credit Fon-
der and Mobilier sharer at the settlement to-
day rose to 2s. 6d. per share. The closing quota-
tions are annexed, via.:—lnternational Financial,
' 1 to 11 prem. ; General Credit, 14 to 11 prem.;
London Financial, 64 to 71 prem. • Imperial
Mercantile Credit, lg'
to
ll prem. • Credit roamer
and Mobilier (both old and new shares), 34 to 34
prem., ex div.
The closing (but in some cases nominal) quota-
tions for shares in new undertakings are sub-
joined :—Rio de Janeiro Gas, par to 4 prem. -
Anglo-Egyptian Navigation, 44. to 1 prem. ; Lisa
Brews 3k to 4 prem.; Peruvian Railways, 14 to
24 prem.; Ottoman Company, 1 to 14 prem. ; Rua.
aian Iron Works, 7to • 8 prem. ; Railway edit.
1 to 2 prem. ; Dublin Connecting Railways, 3to
34 prem. ; Hampton Estates, 1 to 2 prem. ; Lon-
don Steam Collier, to prem. ; Cheshire Salt
Works, to 14 pram ; Northern Assam Tea.
old shares, to 1 prem. ; ditto B, to 14 prem.

MINES-(THIS DA YJ •

Two o'Ciooa.

This being settling day, there are few transae-
tions in the mining market, and prince generally
exhibit no alteration, compared with those
last current yesterday. In the Stock Exchap
Chiverton shares have been dealt in at 71 and 7f,
and Great Lasey at 20f.
Foreign and colonial mining shares are inactive.
The advioes received to-day by the Frontino and
Bolivia (South American) Gold Mining Company
state that the steam.stamps will be ready for use in
the middle of next month, after which remittances
of gold, it is anticipated, will be regularly made to
England. The statement made by the superintendent
in January last, that the yield of gold ranged front
If to 3 ounces to the too of quarts is confirmed is
the accounts now to hand.