The Express.
London, England, 1865-02-14 00:00:00

VET NARK

DAYJ
Two o'Cioat.
The funds have been rendered firmer to-day by
the appearance of the government broker as a
buyer for account of the Commissioners for the Re-
duction of the National Debt, but an improvement
of 1 per amt., which was quoted at one period of
the morning, has not been maintained up to the
present hour. In the other markets business is
quiet, this being settling day. Foreign stocks are
dull, and two or three of the home railways have
needed.
The demand for money continues moderate, and
the supply large. The rats for the best three
months' bills is 4/ to 5 per amt. Short loans are
in request in the Stook Exchange, in connexion
with the settlement, at 4 to 41 per oent.
At Paris to-day, according to Mr. Neuter's tele-
gram, the Three per Cent. Rental opened at
Mfr. 25c., being 1 per cent. better than yesterday.
Consols are now quoted 891 to 4 for money, and
881 to 1 for the account (March 9). The official
business report is as follows :—Three per Cent.
Consols, for money, 891, 89, ; ditto, for account,
891; Three per Cents. Reduced, 88f, 4,1, 1; New
Three per Cents., 881,1, 4, ; Annuities, 1885,
14 7-16; India Stock, 216, 218 ; ditto Five per
Cent. Stock, 1031, ; Five per Cent. " enlaced''
rupee paper, 1014, 4.
Turkish Consolidds and Spanish Passive Bonds
and Certificates have declined 4 to 1 per cent.
Otherwise foreign stocks are unaltered.
Some of the premed quotation+, are annexed, via. ;
Greek Bonds, Elf to ; Mexican, 271 to 1; Con-
federate, 55 to 56 ; Spanish Passive, 321 to ; the
Certificates, 141 to 15 ; Turkish, of 1858, 721 to 1 ;
ditto 18811, 701 to 3 ; and the Consolidds, 511 to 1.
Transactions are recorded as follows:—Brazilian
Old Five per Cents., 100 ; ditto, 1862, 1868, 1880.1
884 ; °Kilian Six per Cents., 101; Danish Three
per Cents., 1825, 801 ; Egyptian, 98 ; ditto, 1864,
951, 1, 96; Greek, for mootint, 221; Italian scrip,
1, 1 dis. ; Mexkan, 1884, 281; New Granada Two
per Cants., 281; Portuguese, 1853, 47 ; Rum,
1822, 911; Spanish Certificates, for account,'
141, 151; Turkish, 1854, 91 ; ditto, for account,
92 ; ditto 1858, for account, 721 ; ditto 1882, for
account, 701; ditto 1001. Bonds, 701 ; Venezuela,
_ 1884, 43.
International Financial shares are now quoted
2to 4 prem., ex div. ; General Credit, 31 to prem.,
ex div. ; London Financial, 7 to 1 prem., ex div. ;
Imperial Mercantile, 24 to 1 pron., ex div.; Hod.
eon's Bay, 151 to 1 ; Ottoman Socidt4 Mindful°,
21 to prom, ex div.
The quotations for the shares of some of
the new companies are subjoined :--City of
Milan Improvement; 31 to 1 prem. ; Regis-
tered Land, 4to prem. ; Metropolitan District
Railways, 21 to 3 prem., being higher,: London
and Provincial Mortgage Bank, 1 to 11 prem. ;
General Irrigation of France, to 1 prem. ; and
China Steamship and Labnan Coal, 24 to 1 prem.
Quasars-PAIIT Two &Clam.
Consols are 4 per cent better, at 891 to 1 for
money, and 891 to 1 for the amount.
General Manners, ex-president of the United
States of Colombia, has arrived at Panama ea route
for London ad New York. The general comes ac-
credited to this court, and as he has made himself
- known as an enlightened upholder of the credit of
his country, his arrival here will be regarded with
much satisfaction by the bondholders.
No gold transactions took place at the Bank yes-
terday. There was a strong demand for exporta-
tion, understood to be chiefly for Belgium, where
some large coining operations are stated to be in

Matteamer Seine has arrived from the West
Indies with 417,0001. in specie, of which 248,5001.
is gold, and 168,5001. silver.
The Crown agents for the colonies are inviting
tenders for 300, '
0001. of Mauritius Government
Six per Cent. Debentures or registered stock,
forming part of a balance of 400,0001. decitined
• for railway purposes. The total oat of the
railways in question is estimated at 1,300,0001.,
of which 300,0001. has been already defrayed
from the accumulated surplus revenue of
past years, and 600,0001. raised on debentures. In
addition to forming a charge on the revenues and
assets of the colony, the present loan is of course
secured upon the railways themselves.
The Brighton Railway traffic return shows this
week an increase of 1,756/ over last year, and the
South Eastern an increase of 1,8861.
The directors of the Metropolitan Railway Com-
pany.are advertising the terms and conditions on
which they have bees authorised by the meeting on
the Bth inst. to issue the extension share capital,
consisting of 120,000 new 101. shares, or 1,200,0001.,
zd under the "Notting-hill and Brompton Extension
Act," and 70,000 new 101. shares, or 700,0001.,
under the "Tower Hill Extension Act."
The Credit Foncier and Mobilier of , England
(Limited) have announced that they are prepared
to receive subscriptions for the capital of
the China Stern Ship and Labuan Coal
Company (Limited). Tins undertaking possesses
au influential via practical board. Its basis is an
amalgamation of the China and Japan Steam Navi-
gation Company and the Labuan Coal Company.
The amalgamation will be mutually beneficial to
both the old companies, and seems, from a broad
point of view, • very reasonable arrangement, Was-
much as the steam company cannot work without
opals, and the coal company must find in steam I
lines the chief source of demand. The capital coo-
ca sista of 500,0001., in 25,000 shares of 201. sack
which are to be variously disposed of, as explaioad
in the prospectus, thus :-7,500 shares, "partly
fully paid up, and partly with 101. paid up," are to
be reserved for allotment to the applicants who are
shareholders in the existing companies. Of these
it is mentioned 6,000 have already been applied for;
5,000 shares with 51. paid are to be allotted to
shareholders in, the Credit Foueier and Mobilise
Company ; 5,000 shares with 5/ paid are to
be allotted to the general public ; 5,000
are to be fully paid-up shares ; and 2,500
shares are to be reserved for allotment in Bombay.
The deposit is 11. on application and 41. on allot-
ment, beyond which it is not contemplated to call
up more than 51. per share, it being proposed to
raise any further capital that may be required by
the issue of debentures.
A provisional agreement has been entered into
between the London, Birmingham, and South Staf-
fordshire Bank (Limited), and the European
Bank (Limited), for a transfer of the business of
the former to the latter, to take effect, on eon- I
firmation by the shareholders of the former, on
March 16. Au ordinary meeting of the London,
Birmingham, and South Staffordshire Bank has
been convened for the 28th inst.
The annual report of the directors of the North
British Australasian Cothpany (Limited). to be pre-
sented on the 31st inst., recommends a dividend of
2,} per oent.
The annual meeting of proprietors of the Book
of Australasia is to take place on the 13th March.
The Master of the Rolls proposes on the 23rd I
inst. to appoint an official liquidator of the Anglo-
French Porcelain Company (Limited).
Application has been made to the Stook Ex-
change Committee to appoint a settling day in the
shares of the City of Milan Improvements Com-
pany (Limited).
The subscription list of the Metropolitan Dis-
trict Railways Company 111118 closed yesterday for
London, and will be closed to-day for the
country. We are informed that the applications
are of a character that ensures the establishment of
this undertaking.
We are requested to state that the share list of
" Simpeon's (Limited)," will be closed on Saturday
next for London, and on Monday, the 20th, for tic
country.