The Express.
London, England, 1867-09-10 00:00:00

MONEY MARKET.-(THIS DAY.

011 ceOzaca.

In the Stock Exchange attention is partly
disected to the monthly settlement in the English
funds, which will be concluded this afternoon. As
was expected, a large amount of stock has
been taken off the market through advances
made by bankers, who are unable to
employ their superabundant resources in
other channels. Nevertheless a considerable
total has been " carried over " to the next ac-
count, and, in the absence of any fresh purchases
of importance Consols are dull, at the reduction
of yesterday. Other securities, including British
railway stocks and foreign bonds, are rather fiat,
but prices show few changes. Bank of
England stock has experienced a fresh reduction
of 1/. 10s.—viz., to 247/. to 250/. During the next
few days the dealers will be engaged in the
settlement of the account in shares and foreign
stocks, but this arrangement will involve less than
I usual notice, owing to the extreme inactivity of
all the departments during the last fortnight.
The demand for money is moderate, and the
rates for bills and advances in the Stock Exchange
show no alteration.

Consols are quoted 941 to for money, and
1,7; to for the Bth Oct. The Three per Cents.
Reduced and New Three per Cents. are dull, at
92,1 to 93, ex div.

The railway market is inactive, and, with the
exception of a rise of per cent. in Lancashire, and
Yorkshire, the principal stocks are without varia-
tion. Annexed are the quotations :—Metropolitan,
123,"i to /, ex div. ; Great Western, 471 to 1 ;
London and North Western, 1131 to 1, ex div. ;
Midland, 1191 to 1, ex div. ; Lancashire and
Yorkshire, 12t to 1271, ex div. ; Caledonian,
1081 to 109} ; South Eastern, 681 to 3, ex div. ;
Great Eastern, 301 to ; Great Northern,
1121 to 1131, ex div. ; ditto A, 118 to 1, ex div. ;
London, Chatham, and Dover, 171 to 181 ; North
British, 31 to 32 ; and Brighton, 501 to 511.
The government broker has bought to-day
21,0001. New Three per Cents. for the Sinking
Fund, at 93, ex div.

Foreign stocks exhibit dulness, but the only
chance in the speculative descriptions is a
decline of Ito per cent. in Spanish Passive
and Chilian scrip, viz., to 191 to f, and to 1
die., respectively. Turkish of 1862 are quoted 59
to 60 ; ditto, of 1865, 311 to 1 ; Greek, 131 to
14 ; Spanish Certificates, 151 to 16 ; Italian of
1861, 491 to 1 ; Egyptian, of 1864, 85/ to 861 ;
and Mexican, 15} to f.

As regards bank shares, Union of London have
declined It., the present price being 36# to 371 ;
but Alliance remain firm, at 11 to 9 dis. London
and Westminster are quoted 70 to 71; Imperial
Ottoman, 1 to oi dis. ; London and County, 56 to
57 ; and Chartered Mercantile of India, 30 to 31.
Financial shares are without variation, at the
following prices :—lnternational, 21 to 1a dis. ;
London, 23 to 21 dia. ; General Credit, 2 to
dis. ; and Credit Fonder, 5 to sit dis.
American securities have receded I to # per
cent. The 5-20 bonds are called 721 to 73# ; Erie
Railway shares, 44 to # ; and Illinois Central, 762
to 771.
Anglo-American and Atlantic Telegraph Eight
per Cent. Preference, shares are unchanged, the
former at 16# to I, and the latter at n to f.
The adjourned ordinary general meeting of the
Hop and Malt Exchange and Warehouse Company
(Limited) is called for the 17th inst., for the pur-
pose of receiving the directors' report and balance-
sheet for the past year, ending on the 31st of May.
EALT-PAIST MILLE O'CLOCK.
Consols remain dull, at 94} to # for money, and
9I"; to 3 for the account.

No bullion operations have occurred at the Bank.
The half monthly settlement in shares and
foreign stocks will begin to-morrow (" carrying-
over day"), and end on Friday.
The recent supplies from Australia and other
quarters having been nearly exhausted, the
amount of gold sent into the Bank yesterday was
only 4,0001.
The Bangalore, from Alexandria, has brought
only 1,5151. in specie. The telegrams from New
York mention the shipment on Saturday of
100,0001. in gold for Europe.
The silver market continues flat, and transac-
tions were reported yesterday in bars at ss. 0-5-10 d.
per ounce. Mexican dollars were unchanged, at
4s. Ild.

The liquidators of the London and Colonial
Company (Limited) have announced that a first
dividend of ss. in the pound will be payable on all
admitted claims on this estate at the offices of
Messrs. Theodore Jones and Co., Moorgate-
street, on Thursday, the 19th inst.
The half-yearly meetings of the Edgware, High-
Gate, and London Railway Company, and the
NVatford and Edgware Junction Railway Company
are called for the 20th inst.

The half-yearly meeting of the Mutual Tontine
(Westminster Chambers) Association (Limited)
will be held on the 30th inst.
The directors of the Rock Life Office have
announced that a dividend of 2s. Gd. per share for
the half-year, and a bonus of 2s. 6d. per share for
the year ending the 28th ult., free of income tax,
will be payable on the 14th October.
We take the following from Messrs. Windeler
and Bowes' Wool Circular for the Cape mail of
yesterday. The comparison of the prices of cotton
and wool at three periods during tho last seventeen
years suggests some interesting results :
The position of commercial affairs has not altered ; occa-
sional indications of a little improvement are followed by
periods of dulness; but, on the whole, things are no worse.
The markets for wool remain generally inactive ' • the auc-
tion: of colonial descriptions. however, progress here with
a fair amount of spirit, and prices remain without marked
change as compared with the earlier portion of the present
series, commenced on 15th August. 97,380 bales have been
offered to date, leaving about 40,000 bales to be brought
forward up to the 21:4 inst., when this series will probably
close. The selection has been generally unsatisfactory; it
is evident that although the production of prime wools
may not be diminishing the great increase of imports from
Australia is doe to the production of the more remote
stations, which, at present, send us ill-conditioned and
faulty wools ; for these the range of value is proportion-
ately low and irregular, while good sound wools, being
difti.mlt to meet with, are competed for with much spirit
at gradually advancing prime, especially for export. The
following Wile shows the value of various kinds of wool
before, during, and since the American war. We have
classed separately sound-stapled Australian wools, the
value of which has declined in a much smaller proportion
than the worn-out, mushey, and burry kinds ; or the bulk
of Cap- and liver Plate, mostly short, weak, and defec-
tive. The competition amongst growers of such wool is
increasing. and it is not unlikely that a lower range of
value in the market of consumption may be touched nes:
summer than has been current during the unprofitable
season now closing.
PRICE:3 IN ENGLAND ON SEPTEMBER 9 IN EACH yr, ut.
18m7.
Per lb. Per Pm. Per lb.
. 14d.

COTTON. Middling Orleans
WOOL:

'Aturtrallon sound combing
WMled fleeee
t 7 •. 26 25

Worsted..{'

Australian found combing
unwashed fleece
ilinc :11111..right..wother fleece 2O .. 24 .. 14
1 Scotch, laid Highland 6
li,m,koi white fleece
10 .. 13 .. 9
Oporto
(Audralian washed fleece,
superior
Australian washed fleece,
faulty
Australian, unwashed fleece l3 .. 12 .. 10
Cope, washed fleece .....
Cape, unwashed
Buenos Ayres fair Mestizo
r Knglish. Smith Down fleece
I Peru. washed fleece
1 Lima, unwashed
I,lgagadore, washed
r F.ast India, white, medium
1 •,yellow V .11 .. 81
I black
l Oporto, lambs