The Express.
London, England, 1865-10-17 00:00:00

MONEY MARKET.-(271I8 DAY).

Two o'Cwoi.

The stock markets to-day are rather firmer, the
half-monthly settlement being now in course of coin.
pletion. The funds are very wall supported, though
quoted scarcely higher than they closed yesterday.
A few of the home railways are fractionally better.
Foreign stocks are unaltered,with the exception of a
rise in Mexican Bonds, consequent upon the
publication of a re-assuring telegram relative to
the attitude of the United States government with
regard to Mexican affairs. A fresh rise has taken
place in the shares of Overend, Gurney, and Co.
(Limited).
The supply of money in the discount market to-
i day has increased, while the amount of paper on
offer is rather limited, yet the general rate for the
best bills is still 7 per cent. It is anticipated
by some, however, that a somewhat lower quota-
tion may prevail towards the end of the week,
should the coming Bank return be favourable. In
the Stock Exchange short loans on English govern-
ment securities are obtainable at 6 to 64 per cent.
Consols are now quoted 881 to 89 for money,
and 894 to 4 for the account (November 8).
The official business report is as follows:—
Three per Cent. Consols, for money,
881, 89, 881, 89 ; ditto, for account, 894, 4 ;
Three per Cents. Reduced, 87, New Three per
Ceuta., 87, 4 ; Bank stuck, 248 ; India Five per
Cent. stock, 1041, 105 ; Exchequer Bills, March,
de., 3s. die ; ditto June, Ba. die.
Mexican Bonds have risen 4 per cent., but, with
this exception, foreign stocks are rather dull.
Brazilian scrip, Turkish Consolidds, and Spanish
Passive, have declined about 4 per cent.
Some of the present quotations are subjoined, viz. :
—Greek, 194 to 20; Turkish Consolidds, 484 to 4 ;
Spanish Passive, 29 to 4 ; ditto Certificates, 141 to
; Confederate, 6 to 7 ; Brazilian scrip, 24
to 34 prem. ; and Mexican, 254 to 1.
Transactions are recorded as follows :—Austrian,
614 ; Brazilian, 1865, scrip, 34, prem. ; Dutch, 61;
Egyptian, 1864, 91, ex div. ; ditto, 1001.
Bonds, 904, ex div. ; Italian 1865, 764 ;
ex div. ; Mexican, for account, 251, 4 ;Portuguese,
1853, 464 ; Russian 1850, 884 ; ditto, 1859, 551 ;
ditto 1862, 914, 904 ; Spanish Passive, for ac-
count, 294, 9, 4 ; ditto Certificates, for account,
144 ; Turkish, 1858, for account, 711 ; ditto
1862, 744 ; ditto 1001. Bonds, 741, 754 ; ditto
1865, 431.
International Financial shares are now quoted
14 to 4 prem.; General Credit, 11 to 2 prem. ;
London Financial, 74 to Prem. ImPeriel
Mercantile, 24 to prem.; Credit Foamier and
Mobilier of England, 54 to 4 pram. ; Overend,
Gurney, and Company, 74 to f prem. ; and Hud-
son's Bay, 154 to 4.
The shares of the Merchants Company are quoted
par to 4 prem. ; London and Australian Agency,
/ to 11 prem. ; Transatlantic Steam, par to 1 prem.;
and Allan's Transatlantic Telegraph, 2 to 4 prem.
At Paris to-day, according to Mr. Renter's tele-
gram, the Three per Cent. Reinke opened at
67fr. 72c., being about the same as yesterday.
Generally it may be remarked that, although
speculative securities have been prejudiced by the
settlement, the various markets, on the whole,
retain a good deal of intrinsic steadiness, and
would quickly improve were there to be any sign
of a relaxation of the tightness of the money
market.
The large sum of 174,000 L in Australian gold,
being part of the recent Australian arrivals, was
sent into the Bank yesterday.
The sum of 862,5601. in Australian gold is now
on the way to this country, of which about 242,0001.
is due. Subjoined are the particulars
Gold on board.
Ship. galled. Oat. Osa Bova
Holnupdala Aug. 16 .. 65 .. 107,037
William Luthla July 16 .. 90 .. 36,695 1
Jolla . July 16 .. 911 11.610
Maid o 1 Judah Itug.l7 110 1.1.119 140,000 ..
Total laws tst,bm iass,Geo
The Stock Exchange Committee have appointed
the following settling days :—Merchant Banking
Company of London, 5,000 new shares (to be
marked), Thursday, 19th October ; Imps Bra-
zilian Five per Cent. Loan (to be marked as scrip
and paid-up scrip), and Erie Railway Company's
scrip of 800,0001. sterling 6 per cent bonds (to
be marked), Friday, 20th October.
The Brighton Railway traffic return shows this
week an increase of 1,3501. over last year, and the
South Eastern an increase of 8901.
It is stated that the report of the directors of the
Egyptian Commercial and Trading Cow 'any
(Limited) will be issued immediately,. and will
show that the capital of the company is intact, and
that there is a balance of profit of about 18,0001.,
the mode of disposal of which will be left to the
decision of the shareholders. _ .
We are informed that the allotment letters of the
Merchants Company (Limited) were delivered
ing, anJ that the applications were
yes-
considerably in excess of the number of shares to
be allotted.
We are requested to state that the share Est of
the London and Australian Agency Company (li-
mited) will be closed on Saturday, the 21st inst.,
for London, and ,on Monday, the 23rd, for the
country.
The letters of allotment and regret in respect of
the new London issue of shares of the National
Bank of Australasia were posted last evening.
Messrs. R. Raphael and Sons have announced
the payment of the debentures and coupon. of the
Danish Five per Cent. Government Loan, due the
Ist of November.

Vans.
28,000
189,800
111,880
195.600