The Express.
London, England, 1866-09-03 00:00:00

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MONEY MARKET.-(THIS DAY.;

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t)tra o'Czoca.
The transactions in the Stock Exchange to-day
are not very numerous, yet the tendency of most of
the departments is still favourable. Consolsare firm,
and a fresh advance has occurred in some of the
speculative foreign stocks, the most important
movement being in Turkish of 1865 and
Mexican. Banking and financial shares are
likewise inquired for, but British railway securi-
ties are lower in about half-a-dozen cases. Anglo-
American Telegraph shares were in strong request
this morning; at 141 to 1, being nearly 3/. 10s.
better than on Saturday, but partial reaction has
since taken place, the present price being 131 to
Atlantic Telegraph are now quoted 4 to 1, showing
a rise of 1/. The improvement is caused by the
announcement that the cable of 1865 has been
recovered, and that the operations for its complete
submersion to Newfoundland are progressing satis-
factorily. _

The applications for discount to-day are upon a j
moderate scale, while the supply of money seeking j
employment is very large. Good three months paper
is consequently freely taken at 5 to h per cent., or
1 to 1 below the present charge at the Bank.
Consols are now quoted 891 to it both for
money and next Thursday's settlement, and 891 to
/ for the new account (October).
Turkish of 1865 and Mexican bonds are in
demand, and have unproved about per cent. ;
Spanish Passive, however, have receded /.
Turkish of 1862 are quoted 50 to 51 ; ditto of
1865, 28/ to ; Greek, 151 to 16 ; Spanish Pas-
sive, 23i to I ; ditto Certificates, 151 to 161 ;
Italian, of 1861, 55 tot ; and Mexican, 161 to 17/.
Owing to an accident on the railway between
Marseilles and Paris, the Bombay mail, which was
due in London last night, will not arrive till this
evening.
United States 5-20 Bonds and Illinois Central
Railway shares have improved / per cent., but
Erie are unchanged. The present prices are as
follows :-5-20 Bonds, 73/ to a/ ; Erie Railway
shares, 464 to / ; and Illinois Centrals, 792
to 801.
International Financial shares are quoted 1 to
01 die. ; London Financial, 13/ to 13 dis. ;
General Credit, la to 1} din. ; Credit Foncier,
3 to 21 du. ; and National Discount, 9i to -
prem.

HALF-PART THREE O'CLOCK.

Consols are per cent. lower than at 1 o'clock,
being now quoted 891 to j for money and next
Thursday's settlement, and 139,'1 to for the new
account.

About 123,0001. in gold has been sent into the
Bank, and 10,0001. withdrawn for the United States,
At Paris this morning the Three per Cont. Benter
opened at 69.90., showing no change.
_ .

The final instalment of 12 per cent., making 92
per cent. paid, fell due on Saturday on the Egyp-
tian Railways loan for 3,000,030/. sterling.
The Board of Trade returns last published afford
a complete proof of the absurdity of the outcry
that was raised at the commencement of the year
against thu revival of our trade with America.
Instead of our exports being excessive it appears
that they have by no means kept pace with the
imports. For example, the receipts of cotton in
the seven months ending the 31st July have been
as follows:
1864
1405
1866

98,824 cwt.
82,963 „
3,636,202 „
The return of the real value of all articles of mer-
chandise imported in the first half of the year gives
the subjoined totals :
1864 IN ;49.547
1863 4,338,1)17
1866
The amount of specie that we have received from
the United States up to the 31st July also shows a re-
markable increase. Annexed are the amounts:
1944 £581,515
1863 109,1W2
1866 1,119,725
Our exports to the United States for the six
months ending in June were as follows :
1884 £12,027,483
1865
1866
Thus while our imports have increased more than
700 per cent., our exports have increased by less than
250 per cent. This computation is exclusive of
the fact that up to the latest date the bullion im-
ported was fully ten times more in 1866 than in
1865. It is evident therefore that so far from the
balance of credit being against England, we
actually owe considerably more to the United
States this year than the last.
The following are the railway calls for the month
of September, showing an unusually small total :
Amount per Mime

Doe Already Number
Data Paid. Call. or Pewee Amount
. 1 .. 0 118,926 4237,820

Avner, New
Great Western of Ca-
nada, New

Total na1i,345
The annexed communication refers to the affairs
of the London, Chatham, and Dover Railway :

TO THE IDITOB OF TRIO =PRIM.
Sir,—lt will be satisfactory to the bondholders of this
company to know that the committee of investigation
have elected Mr. Grosvenor Hodgkinson, M.P., to be their
chairman, and Mr. William Edward Hilliard, deputy
chairman. These two gentlemen represent specially the
interests of the bondholders.—l am, ke.,
COHNELTCH SURCET.
The adjourned meeting of the Phoenix Gas
Light and Coke Company will
declarin take place on the
26th for the purpose of g a dividend to
Midsummer last.
The half-yearly meeting of the proprietors of the
London Commercial Sale Rooms is appointed for
the 10th instant.
An extraordinary general meeting of the Hop
and Malt Exchange and Warehouse Company
(Limited) is convened for Tuesday, the 11th inst.,
to confirm the resolutions of the meeting of
August 21.
A special meeting of the General Credit Com-
canyof Spain (Compania General de Credit* en
a) is called for the 10th inst. in Madrid, to
decide upon the course to be followed in winding
up the company.
We are requested to publish the following letter
from the General Credit and Finance Company of
London (Limited) :
27, Austinfrierv, E.G., London, August 21.
Wtr,—ln reply to your inquiry of yesterday, I am glad
to inform you that it is the intention of our directors to
propose a reduction of the liability of shareholders
moathe
uncalled capital of the company, Usenet the us
operandi is as yet undeteragard.--1 am, he.,
M. Hog, Eq. it. J. Bcrnas, Secretary.

ALDERSHOT CANT.—It is stated that scarlet
fever has broken oat at Aldershot, especially among the
children in the married men's quarters, and the Medical
Times states that the =Meal space allotted to the women
and children is eves len than that given to the inmates of
the worst managed workhouses, urges the neesesity of
sons one in authority noticing the matter.