The Express.
London, England, 1862-10-13 00:00:00

MONEY MARNBT.-(THIS DAY.)

Two o'Chooi.
English Government securities remain dull, at
the quotations of Saturday, the arrival of a large
amount of specie having bad no favourabl
effect. Railway shares exhibit no movement
of importance. The foreign stock market is inac.
tive. Venezuelan scrip is better, a belief being en-
tertained that the packet just announced from the
West Indies has brought some news respecting the

ratification of the loan.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentes opened
at 71fr. 85c., showing no change.
Consols are now quoted 931 to 4 for money,
and 934 to 94 for the account. The official busi-
ness report is as follows :—Three per Cent. Consols,
for money, 931, 4, f, 4 ; ditto for account,
93; ; Three per Cents Reduced, 92 ; New
Three per Cents., 921, 92 ; Bank Stock, 2361, 236,
ex div. ' • India Stock, 228 ; ditto Five per Cent.
Stock, 1094, 108 1; Five per Cent. "enlaced" rupee
paper, 104, 105 ; Exchequer Bills, June, 20s.
prem. ; ditto March, 18s., 21a. prem.
The foreign stock market is quiet to-day.
Turkish securities are generally without change
of importance, but the tendency of the external
stocks is upwards, while the internal debt shows
heaviness. The loan of 1854 is now quoted
82 to 83 ; that of 1858, 684 to 69 ; the scrip of
1862, 4 dis. to par; and Consolides, 384
to 4. Mexican' Italian, and Venezuela bonds
are steady, and Spanish Passive lower.
Venezuelan scrip is firmer, at 3 to 4 prem., and
Peruvian flatter, at 2to 1; dis. Russian is quoted
14 to 14 prem. ; Portuguese, 24 to I prem. ;
Egyptian Loan, 88 to 89 ; ditto second issue, 3to 4 pm.
Transactions are recorded as follows :—Brazilian
Four-and-a-Half per Cents., 1852, 1858, 1860,
96, 95 ; Egyptian Seven per Cents., 881;
Italian Five per Ciente., for account, 730,
4 ; ditto, Maremmana Railway, 73; ; Mexican
Three per Cents., 331 ; New Granada ex overdue
coups. and hectares, 104 ; Peruvian Four-and-a-
Half per Cents., A scrip, if dis. ; ditto Dollar
Bonds, 734 ; Portuguese Three per Cents., scrip, 24
prem. ; Russian Four-and-a-Half per Cents.,
92; ; ditto scrip, lf, 4 prem. ; ditto paid up,
; Spanish Deferred, 464, 1 ; ditto Passive,
22/, ; ditto Certificates, 94, 10 ; Turkish Six per
Cents., 1858, 681, 69; ditto paid up scrip, 671, ;
Venezuela Three per Cents., 291.
The arrival of 514,0001. in specie is announced to-
day. The Kent, from Melbourne, has brought
313,0001. ; the Atrato, from the West Indies,
154,0001. ; and the Arabia, from Boston, 47,0001.
Fous o'CLoci.
Consols are without change at 931 to 4 for money,
and 931 to 94 for the account.
The Unity Life Association have issued a circular
convening an extraordinary general meeting for 1
o'clock on Monday next, to sanction the transfer of
their business to the Briton Life Association.
Accompanying this notice is a letter from the
manager of the Unity, which states that the Briton
was established in 1854, and that the reserve fund
is upwards of 100,0001. We are informed that,
though the Briton started in 1854, it has by means
of amalgamation with other offices acquired busi-
ness of much older date, as some of the policies
were issued in 1846. It is stated that the liabili-
ties of the Briton exceed two millions and a half,
and that a large proportion of the policies are payable
during the lifetime of the assured. It appears to
us that the reserve of 100,0001. is very small for
the amount at risk ; whereas, from what we are
informed concerning the Unity accounts, they have
a reserve of upwards of 90,0061. for liabilities not
exceeding 850,0001., which is in much higher pro-
portion. We trust that the Unity policy holders
will see that their position is not impaired by the
transfer.
Extra mails for Madeira and St. Thomas will be
made up in London on the morning of the 20th inst.,
for conveyance from Southampton by the steamer
Tamar.

Sartrazar Emma.
Consols, which closed yesterday at 92/ to 94 for
the 6th of November, opened this morning at the
same quotation, and so closed. For money the
last price was 931 to I. The official business report
is as follows :—Three per Cent. Console, for
money, 931, I ; Three per Cents. Reduced, 921 r,
; New Three per Cents., 92/, ; New Two-and-
a-Half per Cents., 771 ; Bank Stock, 2361 ex div.
Red Sea Telegraph, 211 ; India stock, i.29, 228 ;
ditto Five per Cent. stock. 1091, 109 ; Five per
Cent. " enfsced" rupee paper, 1054.
The operations recorded in fbreign securities have
been generally of small importance. Turkish Con-
solidis improved considerably, and closed at 381 to
39 after business hours. The only other variation
was in Mexican stock, which closed rather higher,
331 to /. Egyptian continues heavy, and Vene-
zuela Stock was rather lower.
The market for Bank shares was firm to-day,
with an upward tendency. Union of Ireland im-
proved 12.1. 3d. ; London and County, 10s. ; and
Alliance of London and Liverpool, Chartered of
India, Australia, and China, London and Brazilian,
London and South African, and Ottoman (new),
ss. With the exception of an advance in United
Kingdom Telegraph, miscellaneous sharer were
without change.
Colonial government securities were without
alteration.
United States Five per Cents. were heavy, and
fell about 24 per cent.
East and West India Dock stock rose one per
cent.
Ocean Marine shares clocked to-day at 74 to
prem. ; Tham4
es and Mersey, 21 to pram ; Um-
venal, 11 to 1. dis. ; North British and Mercantile,
161 to a ; Commercial Union, par to prem. ;
London and Middlesex Bank, par to prem. ; and
Bank of Queensland, If to 01 dui.
The closing price of the shares of the London
and Colonial Bank was 11 to 2 prem. The letters
of regret were posted to-day, but- the letters of
allotment will not be sent out till Monday or Tues-
day, owing to the extent of the applications.