The Express.
London, England, 1865-11-13 00:00:00

ifONEY MARKET.-MHIB DAY.)

Two °Velars.
The stook markets to-day are flat, with little
business, hoped that connected with the prepara-
tions for the half-monthly settlement in shares
and foreign stocks, which almost exclusively
engage attention. Consols have declined 1-16 to
/ per tent. Home railways, in many cases, are
to 4 per cent. lower, and there is also a reduction
in some of the speculative foreign bonds.
The demand for discounts to-day is rather mode-
rate, but there is a good inquiry for loans for the
Stock Exchange, in connexion with the
half monthly settlement, which bait just
commenced. The supply of money, however, ig
ample. The rate for the best paper is 61 to 7 per
cent. ; for advances on English government Nee-
titles till to-morrow, 4 to 5; and for loans on
foreign stocks to the next account, 8 to 9 per cent.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rental opened at
671 r. 47e., being 1-16 per cent. lower.
Consols are now quoted 84 to 89, with div.,
for money, and 87/, ex div., for the account (Dec.
7). The official business report is as follows :
iThree per Cent. Consols, for money, 89, ; ditto,
I for account, 87} ; Three per Cents. Reduoed, 871,
; New Three per Cents., 871, 1 ; New Two-1
and-a-Half per Cents., 701 ; India Stock, 216 ;
ditto Five per Cent. Stock, 1054 ; ditto Bonds, 120.1
prem. ; Exchequer Bills, 44., Gs., Be. dia.
Foreign stocks are rather flat. There is a
decline of !per cent. in Confederate, 1 in Greek, and
1 to 1 in Spanish Passive and Certificates.
Some of the present quotations are subjoined,
viz :—Greek, 181 to 1 ; Spanish Passive, 281 to 1 ;
ditto Certificates, In to 14 ; Confederate, 8 to 9 ;
Brazilian scrip, 2 to 1 prem. ;and Mexican, 251 to 1.
Transactions are recorded as follows :—Brazilian,
1865, scrip, 21, prom. • Egyptian, 1864, 91, 1 ;
ditto lOOl. Bonds, 914, Ij;lGreek, 181, 19, 14 ;
Italian, 1865, 781 ; Mexican, 251, ; ditto
account, 251 ; ditto 1664, 24 ; Portuguese, 1856,
&c., 461, 6 ; Russian, 1850, X) ; ditto, 1862, 884, 9,
ex div. ; Spanish New Deferred, 371 ; ditto
Passive, 281, 1 ; ditto Certificates, 131 ; Turkish,
1854, 901 ; ditto 1858, 76, 5 ; ditto 1001. Bonds,
791 ; ditto: 1862, 1001. Bonds, 76 ; ditto 1865,
431_1 ; ditto 1001. Bomb, 431, 4.
ATAmerican securities are steady, at the closing
prices of Saturday. 5-20 Bonds are now quoted
631 to ; Erie Railway shares, 541 to 3 ;
811 to 82 ; and Atlantic and Great Western deben-
tures, 854 to 84.
International Financial shares are now quoted
Ito prem.; General Credit, 2 1-16 t.) 3-16
prem. ; London Financial, 71 to prem. ; Impe-
rial Mercantile, 21 to 1 prem. ; Credit Fon-
der and Mobilier of Englasd, 31 to 1 prem., ex all ;
ditto New, 31 to pram. ; General Ottoman, 21 to
1 prem. ; Overeni, Gurney, and Company, 71 to 8
prem. ; and Hudson's Bay, 151 to 1.
The shares of the Leeds Woollen Company are
nominally quoted 1 to 2 prem. ; Real Estate Cor-
i poration, 3 to 31 prem. ; Penusylvania Oil, 21 .to
31 prem. ; and St. Saviour's Wharf, 11 to 2 prem.
Of speculation in the Stock Excharge there is at
Present very little, owing almost solely to the pre-
vailing uncertainty respecting the future course of
Ilthe money market. The fact that the outgoing
Isteamer of yesterday, takes, almost entirely for
I Bombay, the large sum of 406,2851. in specie and
bullion, proves once more how direct is the in-
fluence exercised upon the money market by the
speculative movements in cotton, and so long as
this is the case surprise can scarcely be felt if
bankers and discounters act with great caution.
Nevertheless, there are several features on the fa-
vourable side. One is the improvement which has
taken place during the last week in the poeition of
the Bank of England—an improvement which is of
Ilgreater importance than would appear at first
sight, inasmuch as the Bank, besides gaining
452,0041. of reserve, has also been able to redeem
stock on which it had obtained advances to the
extent of more than half a million. At the same
time the month's remittance of coin to Brazil has
been provided for ; steady supplies of specie are
coming forward from the United States, and, con-
sidering the activity of our exports to that country
seem likely rather to increase than diminish ; and;
lastly, as will be seen from the particulars given
below, the amount of Australian gold on the way
to our shores represents the unusually large sum
of 1,024,0001., of which 620,5001. is now due.
About 44,0001. in gold was sent into the Bank on
Saturday. No withdrawals were reported.
The steamer Borussia, from New York, has
brought 43,0001. in specie for England, and the
Scotia, 14,0001.
The shipments of specie by the Ripon, which
left yesterday, are heavy, as was expected. The
total is 406,2851., of which 392,1651. is silver aud
1,1281. gold for Bombay, and 12,9921. gold for
Alexandria.
The amount of Australian gold known to be now
on the way to England is 1,024,0001., of which
620,5001. is due. Subjoined are the particulars :
Gold on B.nrd.
Ships. sailed. Out. Ore. got,.
.fi Value.
Elolovatale Aug. 12 01 days 107.037 C•12,.y0
UAW of Judah Aug. 17 ~ 13,146 146,000 102 600
Cornwallis Sept. 16 66 „ 15,232 .• t,,50,1
Loudon (a.)