The Express.
London, England, 1866-08-18 00:00:00

MONEY MARKET.-(THIS DAY.)

_
Ows o'CLuow.
The share markets are quiet to-day, and few
changes have occurred in prices. The transactions,
. . .

however, show a preponderance of purchases, in
consequence of the improvement in the weather,
and the satisfactory tendency of the rates

for discount.

Consols are without change

for money, but have advanced 1-16 per cent.
for the account. Some of the British railway

and foreign stocks are also better, and banking,
financial, and miscellaneous securities exhibit firm-
ness, with the exception of London Financial,
which have experienced a relapse of V. ; United
States 5-20 Bonds are steady. .

The supply of money seeking employment in the
discount market to-day is large, while few bills are
being offered. The general quotation for choice
paper is called 'Tito 8 per cent., but in exceptional
cases transactions are reported as low as 6. There
is little demand in the Stock Exchange for short

loans on English government securities, and the
rate is not above sto 6 per cent. . _

Consols are now quoted 88 to } for money,
and 88} to for the account (September 6).
The foreign stock market is quiet to-day ; but
there is a slight demand for Turkish of 1865,
Spanish Certificates, and Mexican, which have
improved per cent. Other descriptions are
steady, at previous quotations. Turkish Bonds of
1862 are quoted 49 to 51 ; ditto of 1865, 26} to ;
Greek, 11 to ; Spanish Passive, 194 to ; ditto
Certificates, 144 to } ; Italian of 1861, 51} to 52
Brazilian scrip, to 3 dis. ; and Mexican, 16}

to b.
A telegram has been received from the Prussian
post-office, by their agents for England (the Con-
tinental Daily Parcels Express), to the effect that
the mail parcels service throughout the whole of
' Germany, including Austria, has been resumed.
American securities are steady, at the clueing
prices of yesterday. 5-20 Bonds are now quoted
881 to 1 ; Erie Railway shares, 42 to 1 ; and Illinois
Central, 741 to 751.
Anglo-American and Atlantic Telegraph shares
are unaltered, at 121 to 1, and 31, to g, respec-
tively.
Subjoined is a copy of a private telegram from
Bombay, dated August 8 :
Exchange on London for a first-class beak bill, f. months'
sight, per rupee, Is. lltd. ; the C.ilcutta rate for ditto, per
rupee, illegible ; ExchangeonCalcutta,at sight,lolt to 1011;
lovernment Four per Cent. Paper, rs., 101 ; ditto Five per
Cent. Paper, re., 1071 ; ditto Five-and-a-half per Cent.
Paper, re., 114 ; Bank of Bombay rate of discount, 10;
bar gold, 09i touch, rs. per tola, illegible ; bar silver, 17
to lit Betteruess, rs. per 100 toles, 1071. 7,000 bales
cotton sailed hum Bombay during the fortnight.
International Financial shares are quoted 11 to
1$ die. ; London Financial, 14 to 13 dis. ;
General Credit, 21 to dig. ; Credit Foncier,
31 to 3 die. ; and National Discount, 7f to •
prem.

Two o'CLocx

Consols aro quoted 84 to 1 for money, and 84
to 4 for the account, being per cent. higher in the
former instance, compared with the price current
at 1 o'clock.

About 121,0001. in refined gold, forming a per
tion of recent arrivals, was purchased by the Bank
yesterday.
The I3orussia has arrived from New York, with
51,0001. in specie.
At Paris and Hamburg the rate of discount in the
open market is 3 per cent. ; Turin and Amsterdam,
0 ; Vienna, 5 : Frankfort and Berlin, 41.1 ; Brussels,
; and St. Petersburg, tri per cent. All these
rates are still much below our own.
The col' 'nisi produce marketwas firmer yesterday.
The accounts from Liverpool, Birmingham, Man-
chester, Leeds, Bradford, and other important
cities report a much better feeling in all com-
mercial circles, owing to the reduction in the
value of money.
The foreign exchanges yesterday afternoon were
firm, the rates on France especially showing no altera-
tion, notwithstanding the reduction in the Bank
of England rate. The quotations for Vienna and
Trieste, however, have declined, the movement
being favourable to the Austrian currency. An-
nexed is our usual list :
Amsterdam, 3 months, 12.2 to 12.21 ; ditto, short.
11.18 to 11.19 ; Rotterdam, 3 months, 12.2 to 12.21
Antwerp, 3 months, 25.571 to 25.621 ; Brussels, 3
months, 25.574 to 25.621; HeMburg and Altona. 3 months,
13.10 A to 13.11 ; Berlin, Cologne, itc., 3 months, 6.28
to 6.25 ; St. Petersburg, 3 months, 271 to 271; Paris, short,
25.25 to 25.321 ; ditto, 3 months, 25.471 to 2155 ;
seines, :3 months, 25.47 lto 25.55 ; Frankfort-on-the-Maine,
3 months, 120 A to 121 ; Vienna, 3 months, 13.30 to
13.35; Trieste, 3 nionths, 13.30 to 13.3.5; Madrid, 3 montha,
441 to 44 ; Santander, 3 months, 45 to 441 ; Cadiz 3
months, 46 to 451 ; Seville, 3 months, 464 to 46 ; Malaga,
3 months, 461 to 46 ; Valencia, 3 months' 461 to 46 • Bar-
celona, 3 months, 471 to 471 ; Bilbao, 3 months, 46 to
45 ; Saragossa, 3 months, 451 to 45 ; Leghorn, 3
months, 28.0 to 26.10; Genoa, 3 months, 26.0 to 28.10 ;
Naples, 3 months, 28.0 to 28.10 ; Palermo, 3 months,
28.0 to 28.10 ; blessina, 3 months, 28.0 to 28.10,- Lisbon,
90 days' date, 511 to 514 ; Oporto, 90 days' date, 511
to 51f.
The following communication refers to the pro-
gress of American railway enterprise :
Among the projects now on foot is one for the comple-
tion of the Chicago and Port Sarnia direct line, which is
to run into the Grand Trunk of Canada Railway at the
latter place, that being the western terminus of the Grand
Trunk Railway. It appears that the road has been
already constructed—that is, the embankments, cuttings,
and gradients—by the landowners of the district through
which it passes. The bulk of the labour and expense is
therefore already surmounted. What remains to be done
is to secure a contract for the iron and the laying of the
rails, in return for which a mortgage on the line will be
given. At present the Chicago traffic with Canada is carried
on either by the Lakes or by the railways which run to
Detroit, and is thence conveyed across Lake St. Clair to
Windsor, the terminus of the Great Western of Canada.
r. 7 the Chicago and Port Sarnia direct line, however, a
direct through traffic will be established by the Grand
Trunk Railway from Chicago to Montreal and Quebec.
This line ought to he completed as soon as the rails can be
contracted for and laid down.
A general court of the London Assurance Office
is called for the 26th September to consider the
declarkition of a dividend.
A call of 21. per share is proposed to be made on
the 28th inst., on the contributories of the Land
Credit Company of Ireland.
Mr. F. A. Nicholson, of Manchester, has been
provisionally appointed official liquidator of Pile,
Spence, and Co. (Limited.)
Vice-Chancellor Stuart has nominated Sir T. G.
A. Parkyns and Mr. J. Cooper to be liquidators
of the London, Bombay, and Mediterranean Bank.
The creditors of that company are required to
send in the particulars of their claims on or before
the let December.
The particulars are published of a number of
bonds of the Egyptian Loan of 1864, which have
been drawn for redemption on the Ist October.
The September dividend on the Turkish Six per
Cent. Loan of 1858 is also advertised.
The Caledonian Railway traffic return shows this
week a decrease of 2101., consequent on the strike
in the northern mining districts.