The Express.
London, England, 1866-01-15 00:00:00

MONEY MARKET.-CTRIS DAL)

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In the stook markets to-day the dealers are
chiefly occupied with the settlement of the fort-
nightly account, and little other business is going
forward. Prices generally, however, show firmness.
The English funds are unaltered for money, but have
improved per cent. for the account. An advance
has also taken place in some foreign bonds and
British railway stocks. Banking shares are steady,
and financial meet with inquiry, especially those of
Overend, Gurney, and Co., and Credit Fonder and
Mobilier.

4 .5
i

tact

—die

Great Western
Lancashire and l'orkaldre
London and North Wasters .•
Midland
Great Northern A
Metropolitan
South Eastern
Sheffield
North Eastern—Berwick ..• •
Great Eastern
Grand Trunk of Canada .• • •
Great Weston of Canads..• •

Erie

—gilt. New Loan
Illinois Central, paid up .• • •
Luxembourg
international Financial .• • •
Alliance Bank
°emend, Gurney, and Co
Greek

Minican

Ditto, 1864
Turkish 1+4415 Loan
Virginia 6 per Casts.

The demand for money to-day is moderate, and
the supply large. The charge for the best three
months' paper is unaltered, at 74 to per oeat.
The rate in the Stock Exchange for short loans
on English government securities is 4 to 4 per cent•
Consols are now quoted 87 to for_ money,

and 8711 to I for the account (February 8).
The dealings in the foreign stock market are to a
fair extent, and the tone is rather firm. Greek
Bonds, Spanish Passive, and the Committee's Certi-
ficates are in demand, and have improved it to per
cent. Some of the present quotations are subjoined,
viz. : Greek, 131 to 14 ; Turkish Five per Cents.
of 1865, 39} to I, ex div. ; Spanish Passive, 254
to ; ditto Certificates, 14 to I ; Codederate, I
to 8 ; Brazilian scrip, to 1 prem. ; and Mexican,
22 to ex div.
The Tasmanian, from the West lndiee, has
brought 268,0001. in specie.
International Financial shares; are now quoted
to prem. ; General Credit, 11 to 2 prem. ;
London Financial, 3L, to 1 prem. ; Imperial Mar-
cartile, 2 to i prem. ; Credit Foncier and Mobilise
of England, 3} to 1 prem., ex all; ()venni, Gur-
ney, and Company, bg to prem.
The discount market was again quiet on Saturday,
with a large supply of money, derived partly from the
payment of the dividends, but, though the rate for
the best three months bills did not exceed i 1 to 7f

per cent., being to below the minimum at the
Bank of England, a moderate amount of business
was transacted at that establishment Money is
so plentiful that the rates would probably decline
rapidly from their present exorbitant point, were
it not for the dulness of the exchanges, and for the
constant dread which prevails that the withdrawal
of only one or two hundred thousand pounds mare
gold would be immediately followed by a fresh
advance in the Bank rate.
About 5,000!. in gold was sent into the Bank
on Saturday.
The remittances of specie from the United States
to this country continue very limited, the total by
the two steamers which have just arrived being
only I,IBW. The simple explanation appears to be
that, owing to the recent large exports of cotton, of
public securities, and of other commodities from
America, there is at present no balance against that
country on its transactions with us.
An extraordinary general meeting of the Londe'',
Brighton, and South Coast Railway Company is
called for the 29th instant, to authorise the raising
of additional capital.
At a board meeting of the directors of the
Alliance Bank (Limited), held at their London
offices, on Friday, Mr. Matthew Hutton Chaytor
was elected chairman of the bank for the current
year, and Mr. Alfred Castellani, of Liv erpool,
deputy-chairman.
I The half-yearly ordinary meeting of the Union
Bank of Ireland will be held on the 29th instant
• The transfer books will be closed from the 16th to
the 29th, both days inclusive.
The transfer books of the General Credit sad
Finance Company will be closed from the 22nd
January to the sth February, and those of the
I English and Foreign Credit Company from the 23rd
January to the 6th February, preparatory, in each
case, to the general meeting.
The half-yearly meeting of the New South Wales
Marine Assurance Company was held at Sydney
on the 25th of October, when a dividend was de-
dared of 10 per cent. for the half-year ; 3,000/. was
carried to the reserve ; and a balance of 3,5341.
9s. 10d. carried over for future contingencies.
The preparations on Saturday for Tuesday's set-
tlement in shares and foreign stocks showed gene-
: rally rather high rates of " continuation," though
the terms were slightly less in the afternoon than is
the morning. The following shows the rates at
or between which the bulk of the transactions have
been carried over :

316 to 546 coat.
to
toW
g to
to i
#
to)
to
to
316 to 5.16 "
ls. 3d. to Is. 9d. „
1L 3d. too
ls. Gd. „
I„
31 t
to Is. 6d. ..
ls. :id. to
Id. to L.
* to «
IL 6d. to 2s. 6d. „
1.16 to
1-16 to I I I
1-16 to 3-I6 „
1-16 to 3-16 „
to
Is. to 21- „