The Express.
London, England, 1866-04-26 00:00:00

MONEY MARKET.-(THIS DAY. )1 MINEE.-(THIS DAY.)

Owa ()Twat.

The English ftinds are in request to-day, and
have risen # per cent., some considerable invest-
ments having been made on account of the public.
The transactions in other securities had been very
limited, and prices generally exhibit no variation
of importance, attention being chiefly directed to
the fortnightly settlement, which will be completed
to-morrow. Italian bonds have again given way.
In the discount market to-day most of the trans-
actions in good bills have been at 151 to 6 per cent.
although the supply of money is large. The rate
in the Stock Exchange for short loans on English
government securities is 4 to 41 per cent.
Consols are now quoted 87 to # for money, and
1 871 to 1 for the account (May 9).
Foreign stocks are inactive, and the speculative
descriptions show no change, with the exception of
a rise of 1 per cent. in Spanish Passive, and a decline
of lin Italian of 1861. The prices are as follows :
Greek, 121 to 13 ; Mexican, 20 to 1 ; Spanish
Passive, 254 to # ; ditto Certificates, 151 to I ;
Turkish, 1862, 66 to 67 ; ditto, 1865, 331 to 34 ;
Brazilian scrip, 34 to 2.1 dia., ex div. ; and Italian,
1861, 521 to 53.
American securities are steady. 5-20 Bonds are
now quoted 701 to 1 ; Erie Railway shares, 52 to
1 ; and Illinois Central, 80 to 1.
International Financial shares are now quoted
9-16 to 7-16 dis. ; General Credit, par to 1 prem. ;
London Financial, 41 to 41 dis. ; Imperial
Mercantile, 3to 21 dia. ; Credit Foncier and
Mobilier, 14 to 14 prem. ; Overend, Gurney,
and Company, # to a die. ; and National Discount,
81 to 4 prem.

No bullion operations of any importance were
reported at the Bank yesterday. The transactions
during the week have been insignificant, comprising
the influx of 8,0001. and the withdrawal of 4,0001.
The holders of Spanish Passive bonds and cer-
tificates are looking forward with great interest to
the meetings fixed for Saturday next, when they
are to be asked by their respective committees to
memorialise the Stock Exchange, with the view to
a removal of the ban imposed by that establish-
ment many years ago upon new Spanish securities
at the request of the certificate-holders themselves.

Most of the railway traffic returns now in course
of publication compare with Easter week last year.
The Midland return shows an increase of 4,9801. ;
the London and North Western an increase of
3,151/. ; the Great Northern, an increase of 2,5941.;
the Great Eastern an increase of 2,519/. • the
Great Western a decrease of 7151. ; and the London
and South Western a decrease of 1,2521.

At the meeting yesterday of the Commercial Bank
Corporation of India and the East the directors'
report was not adopted, an amendment being
carried in favour of its being referred back to ,
them, with a view to additional information being
given respecting the heavy losses sustained by the
hank. The shareholders wish a second report,
containing the names of the persons and firms
through whom the bank has Buttered so severely,
to be presented at another meeting, to be held in a
month. The chairman explained that the present
board are not responsible for the losses, all of
which arose before they undertook office.
The meeting of the London and Bombay Bank
and General kinancial and Insurance Agency Cor-
poration (Limited), held yesterday, was further ad-
journed till the 9th of May. It was explained that
there are some discrepancies in the accounts, which
will be set right by the auditors before the next
meeting.
It is understood that the Joint Stock Discount
Company are shareholders in Barned's Banking
Company to the extent of about 3,000 shares.
An extraordinary general meeting of the St.
' Nazaire Company (Limited) is called for the 7th
of May, when " it is intended to propose a special
resolution requiring the company to be wound up
voluntarily."
A petition for the winding up of the British
Union Assurance Company by the Court of Chan-
cery, or under its supervision, is to be heard before
the Master of the Rolls on the 28th inat.
In preparation for the half-monthly settlement
in shares and foreign stocks, on to-morrow, the
rates of " continuation" yesterday were generally
very moderate, owing to the plentiful supply of
money in the Stock Exchange, combined with the
extent to which speculative sales have been pressed.
The shares of the Alliance Bank, the financial com-
panies, and Overend, Gurney and Co., espe-
cially the latter, having been freely sold on specu-
lation, were wanted for the settlement, and in some
cases a bonus was given for the loan of them. The
following shows the terms generally current.
Great Western stock -16 to 5-16 coat
Lancashire and Yorkshire to
London and North Western 5-16 to 7.16 „
Midland to
19
Great Northern A to 91
Metropolitan
South Eastern i to • o
Sheffield -16 to 5-16 „
North Eastern—Berwick
North British -10 to 3-16 „
Great Eastern l-16 to 3-16 „
London,Chathain, and Dover 1-16 to 3-16 „
Grand Trunk of Canada l-16 to 3-16 „
Great Western of Canada -16 to Is. 6d. „
Erie -32 to 1-16 „
Illinois Central, paid up
Luxembourg
Alliance Bank even to „
Credit Foucier &I. back to even
General Credit even to lid. cont.
Imperial Mercantile Credit 6.1. back to even
Greek
Granada
Mexican -16 to g cont.
Ditto 1864 l-32 to 3-32 „
Spanish Passive l-32 to 3.32
Ditto Certificates -32 to 3-32 „
Turkish 1865 Loan l-16 to 3-16
United States 5-20 Bonds
Virginia 6 per Cent.
With reference to the market for American secu-
rities, Messrs. Satterthwaite and Co. report as

follows :
The London market for American securities has during
the past week been mainly influenced by the conflicting
rumours touching politic:if affairs on the continent. The
real course of business has been considerable sales on Ger-
man account, which have been met by order, for purchases
for shipment to New York. At the does there seems to
be a renewed demand for all descriptions, United States
5.20 Bonds closing 701 to 4—an improvement of ball per
cent. since our la,t. Illinois shares have fluctuated -be-
tween 80 aLd 82, and leave off firm at 80 to Eries, on
large forced sales, were at one. time sold down to 511 ; but
from this low quotation there has been a reaction, and
they leave off about 52i, with a firmer aspect than we
have observed for sonic days past.

WEDNESDAY Evorma,

Consols, which closed yesterday at 87 to 4 for the
9th of May, opened and closed to-day at the same
quotation. For money the last price was 86i to
87. The official business report is as follows :
Three per Cent. Consols, for money, 87, 61, 7 ;
ditto, for account, 861, 74 ; Three per Cents.
Reduced, 854, 4,1, ; New Three per Cents.,
854, 4,1, 1 ; Bank Stuck, 242 ; India Five per
Cent. Stock, 106, 1, 51, 64 ; ditto, Five per
Cent. " enfaced " rupee paper, 102/ ; ditto Four
per Cent. Bonds, 155., 205., prem.
A fresh rise took place in the India Five per Cent.
stock, which was last marked 1061. The March
Exchequer Bills remain quoted Bs. to 3e. dis., and
the June ss. dia. to par.
The foreign stock market was heavy, and prices
again gave way. Egyptian (second issue) and
Italian Bonds of 1865 declined 1 per cent. ; Turkish
of 1862, New Granadian, " ex all," and Brazilian
of 1865, ; Spanish Passive, Turkish of 1865,
Mexican, and Portuguese, ; and Italian of 1861,
4 ; Egyptian Railway debentures, however, im-
i proved 1 per cent.

The following esot is attributed to Herr von
Madam, the Prussian Minister at Florence, upon General
IA Marmora assigning the embarrassed condition of the
finances of Italy as a reason why Italy should not engage
in war :—" Draw at bullets upon Austria and at sight
upon Prussia. There are.4oo millions in Berlin to honour
your drafts."

OF' o!CLasz.

In the mining market to:day the dealers aro
chiefly engaged in the settlement of the fort-
nightly account, and prices show no ehango
worthy of notice. East Lovell shares aro
now quoted 81. : Frank Mills 6to
6 ; North Treslcerby, to I ; Great North
Laney, If to 2 ; North Roskear, 2to 3 ; Clifford
Amalgamated, to 12} ; Great Laiey, 214. to
22 ; Chontales, 10 to prem. ; and Mineral Rights,
Ito prem.
The allotment letters of the Mineral Rights

Association were posted yesterday afternoon. -Al-
though the applications were largely in excess of
the number of shares to be allotted, no " letters of
regret" were issued.
At the general meeting of the Carmaux Mines
Company, held on the 10th inst., the dividend for
1865 was fixed at 16f. per share, of which 7f. per
share having been paid on account in November
last, the balance of 9f. per share, less 20c. (tbe
French tax) will be paid from the Ist May.