The Express.
London, England, 1865-07-28 00:00:00

MONEY MARIZEIT.-(TEM DAY.)

Two o'Cuxii.

The funds are firmer to-day, and the price of
Consols for the account has Aeon i per cent. A
more favourable view is taken of the prospects
of the money market, it being believed that
during the last few days many persona have bor-
rowed in excess of their actual require-
ments, and that there will consequently be a large
return of money on the market. Most other secu-
rities are steady. Metropolitan Railway stock con-
tinues to fall. This is the half-monthly settling
day.
In the discount market to-day there is a large
amount of money seeking employment, but the rats
for the best paper is maintained at per cent.
The charge for short loans on English government
securities in the Stock Exchange is per cent.
At Faris to-day, according to Mr. Renter's tele-
gram, the Three per Cent. Rentes opened at
67fr. 50c., being about the same as yesterday.
Consols are now quoted 90 to for money, and
90, i to I for the account (August 8). The official
business report is as follows :—Thres per Cent.
Consols, for money, 90i, 891 ; ditto for account,
90i ; Three per Cents. Reduced, 891, 1 ; New
Three per Cents., 891, ; New Five per Cents.,
106 ; India Five per Cent. stock, 104 j, f ; and
Exchequer Bills, par, 25., 4s. pram.

Spanish Paindve Bonds and Certificates have
risen ito per cent. Other foreign stocks me
steady, except Mexican, which has declined
per cent. Some of the gamut quotations are
subjoined, viz :-1:21sook, 20/ to 211 Turkish
1858 Bonds, 73 to 74 ; ditto 1882, 721 to 73t ;
ditto Consolidie, 491 to 1; Spanish Passive, 29
to 1 ; ditto Certificates, 131 to 14 ; Confederate,
71 to 81 ; and Mexican, 24 to 1. Transactions
are recorded as follows :--Dannbian, 781 ; Equador
Provisional Land Warrant, 3} ; Greek Coupons,
81 ; Italian, 1866, 77} ; ditto Maremmana Rail-
way, 701, 70, 1 ; Mexican, for amount,
23/ Portuguese, 1856, dm., 471 ; Russian, 1862,
921, ; Sardinian, for amount, 751 ; Turkish,lB62,
for account, 73, 1 ; ditto, 1865, 441 ; ditto, scrip,
51 clis.
International Financial shares are now quoted

to / pm. ; General Credit, 1} to 11 prem. ; London
Financial, 5/ to 6/, ex div. prem. ; Imperial Mar
cantile, 1/ to prem. ; Credit Foncier and Mobilier
of England, 3/ to 32 prem. ; Ottoman Sociit6
Gdndrale, 2/ to / prem. ; Hudson's Bay, 15/ tog.
The nominal quotations for the shares of some
of the new companies are subjoined :—Atlantic
Telegraph preference, par to prem. ; Peruvian
Railways, 4to / prem. ; Hop and Malt Exchange,
3 to / prem. ; Hodges' Distillery, If to 21 prem. ;
Anglo-Greek Steam, 2to 3 prem. ; General Ex-
change Bank, 21 to prem.; London-bridge Land,
/to prem. ; Massa-Carrara Marble, 2to /
prem. ; and Marseilles Extension Railway, 1 / to 2/
prem. . .

_
Metropolis Sewage shares are quoted 7 to 8
prem. ; and Overend, Gurney, and Co., 21 to 21
prem.

FOUR O'CLOCK.

Consols are unchanged, at 90 to f for money,
and 90j to I for the mount. 133,00 W. in bar
gold has been sent into the Bank.
The America, from New York, has brought
5,9001. in specie, and the Edinburgh 4,5281.
Private telegrams from Bombay, dated the 15th
instant, report no commercial feature of im-
portance.
The Great Eastern Railway traffic return shows
this week an increase of 1,3761. over last year ; the
North Eastern a degrease of 3,5671. ; the Great
Northern an increase of 3,139/. • the Great Western
an increase of 1,0211. • the Lancashire and York-
shire an increase of 2,0;141. ; the Manchester, Shef-
field, and Linoolnshire an increase of 1,582/. • the
London, Chatham, and Dover, its Metropolitan
Extension and branches, an increase of %,K ; the
Metropolitan Extension an increase of 4201.; and
the Kent Coast Branch an increase of 2001. Of
the latter company's receipts the London, Chatham
and Dover Railway Company are entitled to retail;
50 per cent for working the traffic.
•

An extraordinary meeting of the Imperial Mer-
cantile Credit Company was held yesterday, and
the resolution relative to the making of calls passed
at the meeting on the 13th inst. was confirmed.
The Calcutta and South Eastern Railway Com-
pany held a special meeting yesterday, when tbe re-
solution making certain alterations in the articles
of association, passed on the 11th instant, was con-
firmed.

Re are informed that the disputes between the
directors of the Estates Investment Company
(Limited) and the dissentient allottees, which have
lately attracted notice, are in course of an amicable
arrangement, and that the directors of the company
and the committee of dissentient allottees have
agreed to suspend all legal proceedings for the pre-
sent. The settlement in progress is mainly due to
the exertions of Mr. Henry Pawle, of the Stock
Exchange, and of the gentlemen acting: with him,
the result of whose agitation is calculated to rouse
to resistance all shareholders who find a discrepancy
between articles of association and prospectuses.

The prospectus of the InteinatiOnal Sugar
Refineries Company (Limited) is issued. The ob-
ject of this undertaking is to carry on the business
of sugar refiners and merchants in sugars in Great
Britain, Ireland, France, and Belgium, "and, if so
resolved by the shareholders, in any other country."
It is pointed out that " the international commis-
sion has resolved upon the equalisation of the draw-
-1 backs, so that the English trade will now be placed
on the same footin as the French, and as the Bel-
gian and Dutch." Contracts have been entered
into by Messrs. Pontifes and Wood for the supply
and erection of the necessary machinery. The pros-
pectus further states that "it is at present intended
to erect refineries in London and in Fissile., each
capable of refining 1,000 tons raw sugar per week"
" The directors also propose to purchase or erect a
refinery at Liverpool." Interest at b per cent. per
annum is to be paid on al 'vital called up until
eighteen months after the inoorpsrstion of theooas-
pany. The capital is 1,000,0001., is 50,000 shairsie
of 201. each, with a first issue of 11,000 shares,
on which It. is to be paid on application, sad 21. on
allotment.

The second ordinary general meeting of the
English Joint Stock Bank will be held on Monday,
the 14th of August
The transfer books of the General Credit and
Finance Company of London will be closed,
preparatory to the payment of the usual ad-interim
dividend, from the Ist to the Bth August, both in-
clusive.
The first general meeting of the Metropolis
Sewage and Essex Reclamation Company will be
held on Thursday, the 10th August.
The subjoined memorandum is from the Estate
Company (Limited) :
It is the intention of the directees to reolenmeed to the
shareholders at the moral meeting, to be bald on the let
peer , that a dividend for the balf-year mass 30th Jim
lest be declared at the rate of 15 r teat tor accon4 few
of imams tax ; this will leave a of profit at the
rate of over 14 per coat per aaanai to be carried formed
to profit sad lossineovet wit half year.
It is notified that the transfer books of the
Oriental Gas Company (Limited) will be closed
from the 77th to the 31st inst., inciusive, "to con-
solidate the 11. shares into shams of 51. each."
We are requested to state that the share list of
Skidmore's Art Manufactures and Constructive
Iron Company (Limited). will be closed on the 4th
August for London, and on the sth for the eoestry.
The return of the Bank of England for the weak
ending Wednesday, July 211, compared with that for
the previous week, shows the following chang43o
Crissnktion leaseinass3,o6o Daman
°militia% settee 22.071.570 Nara. WWI
Public &spode ... 4170,902 Doman MAO

Other &coins
Goymmod ssoadian
kaiak* derrimiat 10,398,909 No Gimp.
00Inr sioarilios la basking
&perinea*
Oda sad bollix is bulk
departansnto 14,503,079 Domain 579,481
limo day sad other 'MU 518,984 Dnaman 31,287
The Red ............. 3,480,810 Isineal *714
NOW a morn - 6,181,480 DINMIIIMI 382,985
Total roam (Mae in cola )
fa boaldat dopaiMmt 7,093,109 Diareson 414,103
The brawn of 1,046,546/. in the private deposits
indicates that the pressure for money, which caused
an addition of 1,286,6461. to the private securities,
was in a great measure caused rather by the appre-
hension of a rise in the value of money than by actual
necessities. The public deposits, however, having
declined 181,2011., there is a further decrees, of
418,8231. in the reserve. The fresh falling off et
579,6881. in the coin and bullion helps to explain
the advanoe of per cent. in the rate of discount
announced by the Bank to-day.

BANK Or WOUND. —AA
sad Ms Yh. c. as, for as 'ea

dont pundit to tie Ad TO
math( co Wolooldor. Jaly 1114,

Naga based /111726.3. 0.6-ofrierera;est dad.. su.sos,3o
, Other isearilies WWI.
I Geld oda art bed-
ism Amon
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~son I LAWN
RAILIINI lIIIPAMMIT.
=MOW 0101111 i iglOgiftl GoMew rieseass6 deva•
4660 , 81e 0
Mee Doped% CM Dead Ireiragas
clean Nactiat ,
o=4o7llim .. SS
Be. Beaks. Cos-
seis. al Naliklmal Notes
Debt, sad Div. Gail sad davit
Assam*
Other Deposits.
tans day sad other 16,970,119
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Job 27, UHL

W. WILLIS. Clil2l=lll

UVIIIMAT Smalls.%
Consols, which closed yesterday at 90 to # teme
the Bth of August, opened and closed to-day at the
same quotation. For money the last price was
likewise 90 to f. The official hominess report is as
follows :—Three per Cent. Consols, for mossy,
90, 89#, 90# • ditto, for account, 90 ; Three pee
Ceuta. Reduced, 89#, f ; New Three per Cents.,
891, I ; Annuities (Red Sea Telegraph), 14# ;
Bank Stock, 248 ; India Five per Cent. StWr.,
104} ; ditto Four per Cent. "enlaced" rupee
paper, 89 ; ditto Five per Cent, 102 e ; ditto
Five-and-e-Half per Cent., 109# ; ditto our per
Cent. Debentures, 100 ; ditto Bolide, 235. preen.
Indian government securities were steady.
India Bonds were dealt in at 23a. prem. Ex-
chequer Bills remain quoted par to 4a. pram.
Foreign stocks were quiet. These was a reduc-
tion of 1 par cent. in Moorish Bonds, and in Pose
tuguese and Turkish of 1862 ; but Turkish Bonds
of 1863 were quoted about 1 per cent. better.
Other stocks closed at yesterday's prises.
Bank shares were dull. City Bank, Imperial,
London and South African, and North Western
Bank, have receded, while Bask of Australasia
were inquired for.
The adjustment of the fortnightly account shows
very light rates of "continuation" on the shares
of the London joint stock banks, the speculative
account being oversold. It would appear that a
number of speculative sales have lately bees
pressed, owing to the idea that the reduced vales
of money will lead to a diminution of banking
dividends.
National Discount shares were last quoted to.
day 104 to prem. • Joint-Stock Discount, If to
1# dia. ; Egyptian Tiading, 1} to dia. ; Otto-
man Soci4td Gdn4rale, 2# to prem. ; Hudson's
Bay, 14 to #, ex div. • and • Brewery, to
2 prem. Northern Assam Tea, Quebrada Land,
and English and Australian Copper shares were
flat London and Caledonian Marine Insurance
declined about H. There were some inquiries foe
London General Omnibus shares. . . .

There was no alteration ;worth mentioning in the
shares of the financial companies. The closing
quotations are annexed, viz.:—lnternational Finan-
cial, 1 to 4 prem., ex div. ; General Credit, 14 to 11
prem. ; London Financial, 61 to 7 prem. ; Imperial
Mercantile Credit, li to to-18 prom, ex div. ;
Credit Fourier and Mania., 34 to # prem.
The closing (but In many eases nominal) quota-
dons for shares in new undertakings are sub-
joined :—Atlantic Telegraph Eight per Cent. Pre-
ference, par to 4 prem. ; Metropolis Sewage, 74 to
8; prem. ; Overend, Gurney, and Co., 24 to I
prem. ; Hop and Malt Exchange, 31 to 1
_Ma. 1
Parkfield Iron, 1 to 2 prem. ; General Estates,
3 to 4 pram ; General Exchange Bank, 11 to
24 prem. ; Loudon and Mediterranean Bank, 3
Aill
to 4 prem. ; Peruvian Railways, 4to prem. ;
Aocidental and Marine Insurance, If to prem.;
Hodges' Distillery, 2} to 1 prem. ; o-Grub
Steam, 2 to 3 prem. ; London Bridge Land, f to;
mm. ; Railway Credit, Ito 2 prem. ; Marseilles
Extension Railway, 14 to 2f preen. ; Insurance Cor-
poration of Great Britain, 14 to 2 pram. ; Phosphate
of Lime, 3 to 4 prem. ; Mama-CarraraMarble, 14
to 24 prem. ; Samuel Bestow and Co., 4 to 14
prem.
The shares of the Blakely Iron Company
(Limited), were deals in as high as 104 prem., and
closed at 84 to 91 prem.
Cape of Good Hope Government Debentures were
inquired for and better.
United States 5.20 Bonds closed at 694 to 701,
being about f lower than yesterday.