The Express.
London, England, 1865-09-14 00:00:00

MONEY MARESTd--(rH18 DAY).

Two dOsoow.

. .
In the stock maikeks• to-day the dealers are
almost exclusively engaged in the settlement
of the fortnightly account, and little other
business is going forward. The tone,
nevertheless, is rather favourable, especially
as regards foreign securities and financial
shares. The English funds and many stocks
exhibit no movement of importance.
The discount market is rather quiet today,
but very few transactions are reported in
good bills at 31 per cent., the general rata being
31 to 4. The quotation for short bane in the
Stock Exchange is 3 to 31 per cent.
At Paris to-day, according to Mr. Renter's tele-
gram, the Three per Cent. Berates opened at.
691 r. 60c., stowing a fresh advance of 1 per mat.
Console are now quoted 891 to 1 for money, and
8913.16 to 16-16 for the accorant (Oct. 10). The
official business report is as follows :-Three per.
Cent. Consols, for money,' 891, 1,1; ditto, for
account, 391 ; Three per Cents. Reduced; 881, 1;
New Three per Cents., 881, ; New lito-aod-a-
Half per Cents., 721 ; India Five per Cent.
steak, 1061, ; Five per Cent. " caned " rupee
paper, 1021 ; and, Exchequer Bills, $a dia.,
prem. . •
Foreign stocks are rather firm, ant, a of 1
per oast. has taken place in Greek, Spanish Ramify%
and Mexican. Danubian Egyptian of 1864 and
Italian of 1866 also show a favourable tendency..
Some deb. present quotation are entricisted, viz. :-
Greek, 2`ll to 1 ; Turkish Cousolichis,, i;
Spanish Passive, 80 to 1 ; ditto Certificate, 141 to
15; Confederste, 61 to 71 ; and Mexican, 241 to f.
Transactions are recorded as follows :-Belgian
Four-and-a-Half per Cents., 981; Danubian Prin-
cipalities, 77, ex div. ; Dutch, 62 ;* Egyptian,
mond issue, 941, ex div. ; ditto 1001. Wads,
961, 5, ex div. ; ditto, 1884, 961; ditto 1001.
bonds, 961, ; Greek, for account, 211
ditto Coupons, ; Italian, 1885, 801
Mexican, 1864, 231 ; Moorish (Imperial),
961 ; New Granada, 141, 1; ditto Deferred, 71;
ditto, 1862, for account, 74 ; Russian, 1959, 671;
ditto, 1862, 921, ; Spanish Passive, for account,
901 ; Turkish, 1868, 721, I, ex div. ; ditto 1862,
, for account, 741 ; ditto 1001. Bonds, 751 741 ;
ditto 1866, 4/4 ; ditto 1001. Bonds, 40.
The pureliams to-day by the government broker
comprises 10,0001. New Three per Cents.
American securities are steady. 5-20 Boras
are quoted 671 to 681. Erie Railway shares, 581
o 671; Illinois, 791 to 1 ; and Atlantic and Great
Western debentures, 87 to 1.
International Financial shares are now quoted
11 to 1 prom. ; General Credit, I/ to 21 prem.,
ex div.; London Financial, 81 to 1 prem., ex
div. ; Imperial Mercantile, 11 to 2 prem. ;
Credit
Fonder and Mebilier of England, 41 to 1
prem. ; Hudson's Bay, 151 to 16 ; cad Overend,
Gurney, and Co., 31 to 1 prem.
Gold continues to flow into the Bank of
England, and, although this accumulation has
hitherto been counteracted by the requirements for
the harvest and for the purposes of home and
foreign travel, thdre is a prospect that the reflux of
specie at a later period will add one more to those
incentives for speculation, the advent of which is
already apparent to careful observers. Should a
cheek occur, it will probably be given by the in-
troduction of such undertakings as the new Brazi-
lian Loan, the natural effect of which is to divert
die the attention of investors from existing securities.
With reference to the Venezuela loan of 1884,
the following is from the General Credit Com-
pany
Veamerzi.e. Six na CCM. LOAN 1-I'he Genesi
Credit and Piano Company of scatmi) me is
receipt of advice from their meets, Xmas. H. L. Bonitos
and Co., dated La Guaira, 25th August, 1865, of duties era-
= looted as follows oa mecum of the above loan:-Per Mats-
- meat No. 43, from La Guaira, 10,103.93 dole.; per state •
meet No. 44„ from La ()mire, 2.095.28 dots. ; per M.
- reset No. 55, from Puerto bello, 5,12L33 dole. ; per
statement No. 56, from Puerto Callo, 12,110.26 dela.
- per statement No. 25, from Ciudad Bolivar, 310.50 dale. ;
, per statement No. 26, from Ciudad Bolivar, 9,153.60 dela ;
per statement No. 27. from (hada Bolivar, 8,867.80 dole, ;
per statement No. 26, from Ciudad Bolivar, 860 doles ; per
statement No. 29, from Maid Bolivar, 48 dole.!; total,

48,472.70 dole.
A notice has appeared from the New Grenadian
Legatee* to the effect that, "The holders of Pro-
visional Certificates requinug to be exchanged for
bonds of the Active Debt of 1861 and for Land
Certificates are requested to present them at the
°See of the committee of Spanish in
bond-
hoiden, with line thereof, on or before the 36th
instant, in order that the same may be exchaeged."
The amount of gold purchased-by the Bank yester-
day was 65,0001., making a total of 118,0001. for
the week.'
The arrival of 328,500/ inspecie was announced
yesterday. The Tasmanian, from the West Indies,
has brought 181,5001. (114,500/. in silver and
66,0001. in gold); the Traesatlautic, from Port
Philip, 127,0001. ; and the City of Baltimore, from
New York, 20,0001.
The Mexican dollars by the steamer Seine were
sold yesterday for China at ea. 110. per ounce,
showing a decline of Id. Bar silver is quoted
' ss. ogd., with little demand for the Bast.
The London and North Western Railway traffic
' return shows this week an increase of 7,9111. over
last year ; the Midland an increase of 2,518/. ;1
i the Great Northern an increase of 1,8801. ; the
' Great Western an increase of 2,895/. ; and the
I
Great Eastern an increase of 3,1701.
The Atlantic Telegraph Company have notified ,
thigarrangementa in connexion with the convereonl
of the 8 per cent. preferential shares and the ordi-
nary shares into consolidated stock. The transfer
books are to be closed from the 30th inst. to the'
' 21st October.
The preparation yesterday for Friday's settlement
in shares and foreign stocks showed, as regards. slew
i of the home railway stocks, a trifling increase in the
s rates of "continuation," which, however, are still
, very moderate. Metropolitan Railway stock est-
i nod a " continuation "of* to tel per cent., the quo-
-4 tation at the lain settlement having been " bor-
-4
2 lowers" to a " backwardation." The recent specu-
! Wive sales of South Eastern Railway stock, caused
; 'by an announcement of an unsatisfactory dividend,
1 have led to a scarcity of stook, in consequence of
;whisk a " backwartiation " of *to * per sent bas
i been paid for the loan of it at the,
4.,.. present settlement As regards the shares
..... of the &nuclei companies, the rates of " coati-
nuation " were a trifle higher than on the last
occasion. Alliance Bank shares were wanted in'
the morning, and the dealers were borrowers of '
them for the settlement, but at the close there was
a " continuation "of* to * per share. The follow-
ing shows the terms generally current yesterday :
Great Wasters stack
Loomed:, sod Yorkshire
Leedom and North Wortsra
Midlsatt * to 0
Great Northern A i to
"
Xshopolitaa
licaith Pesters
North Enters : Berwick
Ditto : York
Great Wolters at Ceseds 6,i. to Is. ..
Erie
',Thesis 6 par coat.
Lorsaibourg
Germ& Credit .... par .were 3d. to lid. omit.
Hodson's Hoy Pd. to . 116 „
loterastereal his
... 44. to . 6d.,.
Alliance Bask t beck to wee
Cethaseeee Lees ....
Greek l-32 to ' 143 omit.
Weston 4 le ' 6 p.e.
Dilte, 1864 • 4 to 8 P.a.
grata Naive
Spanish O ertiflestes - 4 le.' 6 por.
ISI Ih . t
. 4 ' ll' •"1 I fee
7 P•si•
1=13.111.1164811M6re 64) Bra&