The Express.
London, England, 1866-04-05 00:00:00

MONEY MA.

'HIS DAY.)

Ows o'CLocs..

The stock and share markets are steady to-
day, with transactions to a fair extent. The funds
are unchanged for money, but have declined
1-16 per cent. for the account. The dealers in
Consols are chiefly engaged in the monthly set-
tlement. English railways are quoted the same as
yesterday, while some of the foreign bonds
have given way, the news from Germany
being considered unsatisfactory. Financial shares
continue in demand, and a fresh rise is observable
in International Financial, General Credit, and
Imperial Mercantile• United States 5-20 Bonds
are also again better, owing to the decline in gold
at New York.

The demand for money to-day is moderate, and
the rate for the best paper unchanged, 5 7-8 to 6
per cent. There is a fair supply of money in the
Stock Exchange, and loans till to-morrow, on
English government securities, are obtainable at
5 to 54 per cent,
Consols are now quoted 864 to ft for money, and
86 1546 to 87 1-16 for the new account (May 9).
The foreign stock market is dull. Itilian Bonds
of 1861 continue prominently heavy, and have
experienced a fresh fall of 4 per cent.
Mexican have also declined 4, and Turkish
of 1865, and Spanish Passive, 4. The
prices are as follows :—Oreek, 184 to 14;
Mexican, 204 to 21 ; Spanish Passive, 26i to 3 ;
ditto Certificates, 154 to 7-8 ; Turkish, 1862, 674
to 684 ; ditto, 1865, 374 to 3-8 ; Brazilian scrip,
13-8 to 14, ex div. ; and Italian, 1861, 561 to 4.
The Viceroy of Egypt's New Loan is steady, at
4 to 7-8 prem.
United States 5-20 Bonds are still in request,
and have risen 4 per cent., viz., to 74 to 4. Erie
and Illinois Central Railway shares are steady, at
554 to 561, and 804 to 814, respectively.
International Financial shares are now quoted 4

4i
6 sd

die. to par ; General Credit, 5-16 to 7-16 prem. ;
London Financial, Sa to 3-8 dia.; Imperial Mercan-
tile, 1i to 1 3-8 dia. ; Credit Foncier and Mobilier,
21 to i prem. ; Orerend, Gurney, and Company,
2i to pram. ; and National Discount, git to 3-8
Iprem

11l 112

HALF-PAST THRHZ o'CiAxix
Consols are fractionally better, at 86f( to f for
money, and 87 to 11 for the account.
About 100,0001. in gold has been sent into the
Bank.
At Paris this morning, the Three per Cent.
Renter opened at 67.50, showing a rise of nearly
per cent.
The amount of gold taken to the Bank yesterday
was 189,000/.,. forming a portion of the recent
Australian arrivals. The total sent in since the
date of the last return is as much as 439,0001.
The bidding. for 35,00,000 rupees in bills on
India took place yesterday at the Bank of England.
The proportions allotted were To Calcutta,
20,00,000 rupees ; to Madras, 500,000 rupees ; and
to Bombay, 10,00,000 rupees. The minimum
pricevas as before, viz.: Is. Hid. on Calcutta and
Madras, and Is. 11/d. on Bombay. Tenders on
Calcutta and Madras at 2s. will receive about 4 per
cent., and on Bombay at 2s. Id. about 20 per cent.;
above these prices in full. 'These results indicate
some increase in the demand for the means of re-
mittance to India.
The firstordinary general meeting of the Phosphate
of Lime Company (Limited) was held yesterday
at the company's offices, Royal Exchange-buildings,
Mr. Thomas Bradshaw in the chair. The balance-
sheet was read, showing a gross profit to the close
of the past year of 7,6651. 130., out of which the
directors proposed to pay a dividend of 8 per cent.
(warrants for which will be ready on the 16th inst.),
to write off 3171. 18s. 3d. (or 10 per cent.) of pre-
liminary expenses, and place 2,5001. to the reserve
fund, leaving 2,970/. ss. 3d. to be carried forward
to the profit and loss new account. A resolution to
that effect was put and carried unanimously. Messrs.
T. Bradshaw and John Alers. Hankey were re-
elected directors, and Messrs. R. Smith and F. A.
Wiggins were appointed auditors.
The annual meeting of the shareholders of the
London and South African Bank is called for the
3rd of May.
It is notified that the transfer books of the Con-
tinental Union Gas Company (Limited) will be
closed from the sth to the 16th inst., for the pay-
ment of the dividend.
The allotment letters of the Central American
Association (Limited) were issued on Tuesday. The
applications, we are informed, far exceeded the
number of shares to be allotted.
With reference to the market for American se-
curities, Messrs. Satterthwaite and Cu. report as
follows, under date of heat evening :
Since our last, we have had a firm and improving
market in London for United States Government 5.20
Bonds, the closing quotation of 72 to 1 showing an ad-
vance of nearly 1 per rent., this would probably have been
greater had not the Continental Bourses been fiat, and
furnished a large supply of Bonds, which, however, have
been taken up for English account, but most probably to
find their way to New York, where they are relatively
about 4 per cent. higher, either for sale there, or as re-
mittances against shipments of cotton. There has been
an active inquiry for Illinois shares, which close 81 to 1,
whilst Erie shares are neglected, being offered at 50.
Atlantis and Great Western Debentures are daily taken
for investment at the low priceo lately ruling ; they close
firmer at 77i to 78i for large, and 791 to 90 for small.
The quarterly interest (coupon No. 2) on the
Consolidated Bonds of the Atlantic and Great
Western Railway will be paid on presentation, on
Monday, the 16th inst., at the company's offices in
London, and by its ankers in the provinces. The
company waives then usual delay of two days for
examination of the coupons.

WIEDSLIDAT Evrsiso.
Console, which closed yesterday at 86t to t,
both for money and to-morrow's settlement, opened
this morning at 86 3-8 to t, and closed at 86i to g.
For the 9th of May the last price was 87 to t. The
official business report is as follows :—Three per
Cent. Consols for money, 86/,, 3-8, k, 41, I ; ditto,
for account, 86j 3-8, I,a ; Three per Cents. Re-
duced, 84 3-8, ; New Three per Cents., 84 t, 3-8,
In; Bank Stock, shut ; ditto, for account, 248;
dia Stock, 209 ; ditto, Five per Cent., 102 k,

I, 7-8.
The India Five per Cent. Stock was more in- I
quired for. The March Exchequer Bills were
toted 10s. to ss. dia. ; and the June, 6s. to 2s.
The foreign stock market was fiat to-day, and a
decline took place in several of the speculative se-
curities, owing to the still uncertain character of
the news from Germany. Italian bonds were
especially heavy. Those of the Maremmana Rail-
way
and of 1861 declined 2, and per cent. respect-
ively. Turkish Bonds of 1862, Brazilian scrip,
and Turkish of 1865, also receded , and Spanish i
Certificates and Mexican Bonds of 1864, On
the other hand, Turkish of 1863 rose 1 per cent.,
and Spanish Passive
The Viceroy of Egypt's new loan closed at 5-8 to I
7-8 prem. The letters of allotment were delivered
this morning.
Bank shares were firmer, and an improvement
took place in Aneo-Austrian Australasia, British
and Californian, Provincial Banking Corporation,
and Provincial of Ireland. Eastern Exchange and
London and Veneanela Bank, however, declined.
Alliance dosed at 2to prem. • Anglo-Austrian,
,atl to Prem. ; and Imperial Ottoman, at 21 to

prem.
Financial shares were again in strong . request,
and a further general advance occurred in pricee.
London Financial and Imperial Mercantile were in
chief demand, and rose 121. 6d. and es. 3d. re-
spectively. International Financial and Credit
Fourier and Mobilier improved 2a. 6d., and
Gemmel Credit.L. 3d. Prices closed as follows :
International iume], 3-8 to * dis. • General
Credit, 3-16 to 5-16 prem. ; London Financial,