The Express.
London, England, 1865-04-12 00:00:00

i.ioo a
1,000 II
1.464 W
1.00) U
1,000 10
1,000 I
1,000 JO
6,000 10
1,000 10
1,101 10
SAO 60
0.000 60

MONEY MARKET:-(MM DAL)
Two o'CLoci.

The funds are slightly flatter today, owing
apparently to some speculative realisations of Con-
sole in anticipation of the coming holidays.
Tne decline, however, is limited to 1 per
cent. Other securities are generally firm, and
in several cases a further slight improve-
ment is observable. Preparations for the half
monthly settlement to-morrow are in full progress.
The demand for money to-day is very limited,
and occasional transactions are reported in the
best bills as low as 3g per cent., being 4 below the
Bank minimum. In the Stook Exchange loans
from day to-day on English government securities
are still obtainable at the low rate of 2 per cent.
At Paris to-day, according to Mr. Renter's
telegram, the Three per Cent. Rentsr opened at
67fr. 82c., showing no alteration of importance.
Consols are now quoted 91 to 1 for money, and
911, "sellers," for the account (May 9). The
official business report is as follows :-Thres
per Cent. Consols, for money, 914, 1, 91;
ditto for account, 911, 1 ; Three per Ceuta
Reduced, 891, 4,4, New Three per Cents., 8*
1,4; India Five per Cent. Stock, 1074, 107, 1,107 ;
ditto Bonds, 145., 18s. prem. ; and Exchequer
Bills, 35., Ga. prem.
Foreign stocks am steady, except Confederate,
which is fiat. Mexican Bonds have improved 1 per
oent. Some of the present quotations are annexed,
viz.:-Greek Bonds, 21 to 1 ; Mexican,
271 to 1 ; Confederate, 30 to 32 ; Spanish
Passive, 32 to 4 ; the Certificates, 17 to 4 ;
Turkish, of 1858. 724 to 4 ; ditto 1862,
74 to f ; and the Consolid4s, 541 to 554.
Transactions are recorded as follows :-Brazilian,
1863, 82, 4, ex div. ; Chilian Four-and-
a-Half per Cent., 801 ; Danubian, 841,
88, 854: Dutch Certificates, 961, ex div. ;
Equador, 124 ; Egyptian, 97, 96 ; ditto 1864,
95, 4, 944, ex div.; Greek, for account, 211 ;
Mexican, 274, 4 ; ditto for account, 271; ditto
1864, 264, 4 ; Moorish, 96 ; Portuguese, 1856, dm.,
48 ; ditto for account, 484, 4 ; Russian, 1862, 911,
4 ;Spanish New Deferred, for account, 414, 42; ditto
Passive, 324 ; ditto for account, 321 ; ditto Cer-
tificates, 173 ; Turkish 1854, for account, 901,
ex div. ; ditto 1858, 721; ditto 1862, for account,
75, 741 ; ditto 100/. Bonds, 754, 741 ; ditto Gua-
ranteed, 100 ; Venezuela, 1862, for account, 401.
International FiDaDOW.I shares are now quoted
11 to 4 prem. ; General Credit, 24 to fj pram. ;
London Financial, 74 to 3 prem.; Imperial Mer-
cantile, 11 to 4 prom. ; Hudson's Bay, 153 to 1 ;
Ottoman Soci4t4 Gindrale, 21 to 1 prom.
The quotations for the shares of some of
the new companies are subjoined :-Metropoli-
tan District Railways, 91 to 1 prom. ; Atlan-
tic Railway (debentures), 7 to 9 prem. ; China
Steamship and Labuan Coal, 3 to 2 die. ; Rio
Janeiro Gas, f to 14 prom. ; West London Docks
and Warehouses, 1 to 04 die. ; Varna Rail-
way, 41 to 54 prem. ; fdillwall Freehold Land and
Docks, f to 4 die. ; South African Land,
to 14 prom.; Anglo-Egyptian Navigation, 14 to 1
prem. ; Russian Iron Works, I / to 2 prem. ; and
Moscow Gas, par to 1 prem.
We are requested to state that the London and
Scottish Bank (Limited) will be in a position
without delay to meet its engagements. Negotia-
tions are now pending with an influential London
bank to take over its business.
The City of London, from New York, has
brought 8,0001. in specie.
The steamer Ripon, which will leave Southamp-
ton today, will not take any silver for Bom-
bay, and only 2,430/. in gold. This marks a great
change as compared with what was experienced a
few months back, when we were shipping silver
largely to the chief Indian cotton port.
The silver market remains extremely dull, with
no demand for exportation. It is thought not
unlikely that the Bombay exchange may decline to
ls. 10d. and in this case a large amount of silver
would indite way back from India to England.
The foreign exchanges yesterday afternoon were
lateady, except as regards bills on Paris, which were
quoted less favourably for this country. The list
is subjoined :
Amsterdam, 3 mouths, 11.194 to / ; ditto, 3 dam
11.164 to 174 ; Rotterdam, 3 mouths, 11.194 to 4 ; Ant-
werp, 3 mouths, 25.421 to 74 ; en. hence. 3
month*, 13.84 to 9 ; Paris, 3 days, 25.15 to 224 ;
ditto, S mouths, 25.40 to 45 ; Franklort.on.the-Maine, 3
mouths. 1204 tol ; St. Petersburg (per rouble). 3 months,
304 to 4; Vienna, rd. So., 3 montha,ll.3o to 33 ; Trieste,
*ff. So., 3 months, IL3O to 33 ; Madrid, 3 months,
474 to 6; Oldie. 3 months. 474 to 8 ; Leghorn, 3 month',
25.524 to 7i ; Genes, 3 mouths, 25.524 to la ; Mika, 3
mouths, 15.521 to 74 ' • Naples, 3 months, 23.524 to
71 ; Palermo., 3 months, 25.524 to 74 ; Mamma, 3
mouths, 25.524 to 74 ; Lisbon, 90 dam 514 to 4 ; Oporto,
110 days, 514 to 4.
Some drafts drawn upon the London and Scot-
tish Bank (Limited) remained nnprovided fur to-
day. This concern was formed in October, 1864,
and has its bead office in the Old Jewry, with ten
branches in Scotland and the North of England.
According to the Banking Almanac, its paid-up
capital is only 25,0004.
It appears that the meeting of creditors of Messrs.
Kelson, Tritton, and Co., who failed on the 31st
ult., is not likely to be held just at present, the
books being considerably in arrear.
The South Eastern Railway traffic return shows
this week an increase of 1,4311. over last year.
The Great Indian Peninsula Railway Company
have notified that they are prepared to borrow
money upon debentures for seven years, bearing 41
per cent. interest. Both interest and principal are
guaranteed by the Secretary of State for India.
In consequence of an opposition raised by inte-
rested parties to a potion of the project contem-
plated by the Anglo-Egyptian Navigation Com-
pany, the International Financial Society, by
whom the prospectus of that undertaking was
issued, have put forth a circular, giving the
subscribers the option of withdrawing or renew-
ing their application for shares. Whichever way
the affair may eventuate, great credit is due to the
International Financial Society for the promptitude
with which they have met the case now raised, and
have anticipated the just requirements of the sub-
scriber& Instances of thissurt are not likely to be
lost upon the public.
A general meeting of the Bombay Gas Company
(Limited) is called for the 26th inst., and a meeting
of the Sisgapore Gas Company for the 28th inst.
The half-yearly meetiog.of the West Flanders

The preparations yesterday for Thursday's settle-
ment in home railway stocks showed generally oaf
• limited amount of floating speculation, and owing
to this eircumetance, combined with the abundance
of money, the rates of " continuation " in most
eases were very moderate. Great Western, South
Eastern, and Metropolitan Railway stocks were
comparatively scarce, and I " bsehwardstion " was
currently given for the loan of Metropolitan District
Railway shares. On foreign stocks 4 to li per cent
was charged for loans to the end of the month, ex-
cept on Greek and Spanish descriptions, as regards
which the chief speculation is observable. Con-
federate Bonds, as usual, were soiree, sad
Turkish Consolidfs were in scanty supply. Alliasoe
Bank shares were also wanted for the settlement.
The following shows the terms on which the carrying
over was generally conducted yesterday :
Omit Western Stook to 316 east
leasashire sad Yorkshire to
...
Imam and North Wasters
Minted 5l to e
avast Northers A
Notropolitsa
O& Eastern to 311 :.
Ilhod4old to i ••
North Easton : !Wank .... 5-1 to 7.1+ 0
Ditto York
Oat Wasters of Ones&
Ms 3d. to W. ~
Immosboarg
Animas Book

Cooledwate Lau took to oven
Greek bperal. to 10 per „
Mszioui 1.16 to 3-16,.
Spanish Passive
Ditto Certificates 6d. to la. „
Turkish Oonsolidee
United Mates 5.20 Bonds.—
The letters of allotment of the Millwall Free ball
Land and Docks Company (Limited) were distri-
buted yesterday morning.
Subjoined are the quotations of insurance, gia,
dock, and other shares, as given in the Stock
change list of last evening :
lainussos.—Alliance British aad Foreign, 39 ; Coninsraid
thgaat 84 to 1 ; WA, 7 ; Equity sad Law 71; Eagliek
sad licatiseh Marine ailed). 61 ; 601 ;
Life, 201; Indemnity Marisa, 123 to 6 ; 111
sad London and Glebe (6 per Omit. Annuities), .= •
London, 464 ex div •, London and Provincial Law, 4 ; las:
dos and Provincial Marine, 3 ; Marion 931tir Pisani:, 140;
91Rook Lilo, 71 ; Royal Emphases, ; Ironed%
; names and Mossy Marine (Wilted), ; Daimons&
' Mantis (Limited). 64 to 6.
Gaslight sod ka.—City of London A, 30 es dlr. ;
European, sew, 74; Great Central, 161 1 ; Laperial, 87
ditto Debentures, 1:19; Irepwiel ooutinontal, 88; Menu.
881 4 ; ditto now, 14 ; fierrey Osweassers. 154 ; WedeslsW
Chadared, 784 4 ; ditto sow, 481; Waders, 164 4, sz div.
Docke.—London sod 13%. Katharine, 84_
WlAllllPOriell.—Berlin, 10 lib Chelsea, 27 ; Mat Laden.
1221 34 ; Weet Piddleee,lllll2.
Ossalu—Dinninglisen (Guar. 44 par cont. London sad
North Western), 86 ; Grand Juno 691 ; Regent's (or
Leaden), 234.
Waesilsoosas.—Fairtaira Engineering. 7; Ilnatz's Petal.
q

Tansnav Eva.
Consols, which closed yesterday at 91# to for
the 9th of May, opened this morning at 913 to 4,
rose to 914 to f, and closed at 91# to #. For
money the last price was 914 to 4. The official
business report is as follows :—Three per Cent
Consols, for money, 914, ft, 4 ; ditto, for account,
913, 4 ; Three per Cents. Reduced,
. 8911.
New Three per Cents., 89#, , Bankto
242; India Stock, 215 ; ditto Five per Cent. Stock,
107, 1061 ; ditto Four per Cent. Debentures,
992 ; Five-and-a-Half per Cent. "enfaced" rupee
paper, 109.
The India Five per Cent. stock remains firm.
Exchequer Bills were unaltered at 3s. to 6e. prem.
In the foreign stook market the settlement en-
gaged attention. Confederate Bonds have expe-
rienced a fresh decline of 1 per cent., but, with
this single exception, the tendency of prices was
favourable. Brazilian Four-and-a-Half per Cents.
of the earlier issues, Moorish, and Turkish Guaran-
teed stock rose 1 per cent ; Danubian, Egyptian of
the first issue, the Maremmana Railway Loan, and
Russian Five per Cents. of 1862 and 1864,
Turkish Conaohdds and New Granada "ex ali"
and Deferred, i; acd Mexican Bonds of 1864, 3 per
cent The improvement in Turkish Consolidis
was apparently owing to the announcement of the
arrival at Paris of the financial envoy of the Porte
charged with the regulation of the details relative
to the consolidation of the internal debt.
In the market for bank shares a reduction was
quoted in Bank of London, European, London
Chartered Bank of Australia Merchant, Scinde
Punjsub and Delhi, and Union Bank of Australia,
but London and County Bank, Bank of New Zea-
land, and Standard Bank of Africa were firmer.
London and Brazilian Bank shares continue in re-
quest, and have experienced a fresh rise of 21.
Hudson's Bay shares were last quoted to-day
153 to # ; Egyptian Trading, # to # din., showing
no recovery ; National Discount, 101 to # prem. -
Joint-stock iscount, 2 to 14 drs. ; Ottoman So:
ciiti 1214nirale, 24 to 1 prem. • and Milan Im-
provements, 61 to # prem. Commercial Union
Insurance, Humber Iron Works, and Nerbndda
Coal and Iron, shares, were quoted rather lower.
Fairbairn Engineering met with some inquiries.
The shares of the financial companies were gene-
rally firm. Imperial Mercantile Credit rose ss.
The closing quotations are annexed, viz.:—lnter-
national Financial, 1# to 14 prem.; General Oredi
2 3-16 to 5-16 prem. ; London Financial. 74 to
prem.; Imperial Mercantile Credit, 1 5-16 to 7-11
prem. • and Credit Fonder and Mobilior (old
shares), 43 to # prem.
The closing (but in some cases nominal) quota-
tions for shares in new undertakings are subjoined :
—Metropolitan District Railways, 9 to 10 pee= ;
Varna Railway, 41 to 54 prem. ; Rio de Janeiro
Gas, 1 to 14 prem. ; South African Land and Fi-
nance, 1 to 14 prem. ; Millwall Land and Docks
I din. to 3 prem. ; City of Moscow Gas, to 1
prem.; Financial Insurance, 1 to 2 prem. ; and
Russian Ironworks, 14 to 2 prem.
A fresh decline of fully 1 per cent took place
to-day in Canada Government Debenture...
United States 5-20 Bonds have again improved.
per cent, closing at 59 to 4.

MINBB.-(TEIS DAY.)

Two o'CLooz.

There is little business in British
securi-
ties to-day, attention being chiefly directed to the
settlement of the fortnightly amount. East Camden
shores are quoted 15 to ; East Cern Brea, Of
to; ; North Treskerby, 2; to I ; Wheal Seton, 200
to 205 ; and East Grenville, to 41. No trans-
actions are officially reported in the Stock Exchange.
Foreign and colonial mining shares continued
inactive.
The annual meeting of the Wheel Ellen Mining
Company of South Australia (Limited) is called for
the 25th inst.
The directors of the Vigra and Clogau Mining
Company yesterday received 63 or. 1 dwt. of gold
from 1 ton 5 cwts. of ore, the produce of the
, Britten for the week ending fist inst.