The Express.
London, England, 1867-05-11 00:00:00

muNEY MARKET.-(THIS vAr.)

(bra o'CLoci.

The markets for public securities are quieter, as
usual on Saturday, and few variations have occurred
in prices. The tone, however, is still favourable.
Consols are firm, at the advance of yesterday, while
the Three per Cents. Redi:ced and New Three
per Cents. have experienced a fresh rise of
4 per cent. Foreign stocks are again better iu
several instances, the moat important move-
ment being in Italian of 1861. The
changes in English railways are about evenly
balanced. With the exception of b-20 Bonds,
which have further improved, most other securi-
ties are quoted the same as yesterday, in the
absence of dealings. On Monday the settlement
will commence in shares and foreign stocks, and will
absorb much atti-ntion, owing to the extent of -the
transactions during the past fortnight.
The applications for discount to-day are upon a
moderate scale, while the supply of money is con-
siderable. Nevertheless, the quotations for bills
are maintained at 24 per cent., or only 4 below the
Bank minimum. The rate for short loans in the
Stock Exchange is 1 to 11 per cent.
Consols are now quoted 904 to 4, .ex div.,
both for money and the account (June 6); and
the Three per Cents. Reduced and New Three per
Cents., 904 to;.
The India Five per Cent. stock is inquired for
and firm, at 1104 to 4.
Foreign stocks are in reiiuest, but the amount
of business is smaller than yesterday. As regards
the speculative descriptions, Italian of 1861 have
improved / per cent., and Turkish of 1866, 4, while
Spanish Certificates have declined A. Torkiah Bonds
of 1865 are quoted 30 to 4 ; Greek, 134 to 4 ; Spanish
Passive, 204 to 211 ; ditto Certificates, 134 to ;
Italian of 1861, 52 to 1 ; Mexican, 164 to 4.
Financial and miscellaneous shares are steady at
the closing prices of yesterday. International
Financial are quoted 24 to 4 dia. ; London Finan-
cial, 231 to 221 dis. ; General Credit, 21 to 1 dis.;
Credit Fonder, 64 to / dia. ; National Discount,
61 to 74 prem. ; and Hudson's Bay, 16 to I.
Some of the bank shares are in request, and
prices show firmness. Union of London are about
10s, higher, at 39 to 40.
United States 5-20 Bonds continue in demand,
and exhibit a fresh advance of 4 per cent., the
present price being 721 to 4. Erie Railway
shares are quoted 424 to 4, and Illinois Central,
761 to 4, being steady.
Atlantic Cable shares are unchanged. Anglo-
American are called 184 to 19 ; and Atlantic Tele-
graph Eight per Cent. Preference 44 to 4.
The Oriental Bank Corporation invite tenders
for a New South Wales government loan to the
amount of 832,0001., to be issued in bonds of 1001.,
5001., and 1,0001. each, bearing interest at 5 per
cent. per annum from the lit of January last. The
price is 85/. 10s. for every 1001., and 10!. per cent.
has to be paid on application. It is mentioned that
the money is required for the extension of public
works, in the colony of New South Wales, of a re-
produotive character, including railways, tele-
graphs, harbours, river navigation, and roads.
A special meeting of the London, Brighton, and
South Coast Railway Company will be held on the
29th inst., "to consider an agreement between
this company and the South Eastern Railway
Company for fusion and amalgamation of the two
companies, and to make such order thereon as to
the meeting shall seem expedient."
A petition for the winding up of the Hot Air En-
gine Company (Limited) is to be heard before Vice-
Chancellor Melina on the 31st inst.

The half-yearly meeting of the Canada Company
is convened for the 4th of June, when a dividend
will be declared. A special meeting will also be
held on the same day, for the purpose of
passing a resolution to enable the directors to
divide among the proprietors the proceeds of the
realised portion of the land set apart to represent
the capital of the company.

Two o'CLoce.
Consols are steady, at the quotations current at
1 o'clock.

It may be pointed out u a feature in favour
of railway property generally, that the restoration
of peaceful relations between the continental powers
will probably give a stimulus to trade here.
An instalment of 10 per cent., making 40 per
cent. paid, falls due on the 15th inst. on the last
Chilian loan. . .

The particulars are published of a drawing of
474 bonds, of the aggregate value of 101,4001., a
the Turkish 6 per Cent. Loan of 1862, which are
to be paid off at par at the Imperial Ottoman
Bank on the let of July. The loan was for
8,000,0001., and the amount now ontatandiug is
7,285,7001., exclusive of this drawing.
The Mississippi has arrived from New York with
40,5001. in specie, and the Borussia with 13,0001.
The foreign exchanges yesterday afternoon were
generally steady. The rates for bills on St.
Petersburg and Italy were quoted rather better
for those places. The list is subjoined
- • •

- -
Anirterdam, 3 months. 11.181 to 11.19 ; ditto, sheet,
11.16} to 11.171; Rotterdam, 3 months, 11.81 to 11.19 ;
Antwerp, 3 months, 25.371 to 25.421; Brnesels, 3 months,
25.371 to 25.421; Hamburg and Altona, 3 months, 13.81 to
13.9; Berlin, Cologne, de., 3 'motile, 6.241 to
St. Petersburg, 3 months, 301 to ;401, Paris, short, 25.10
to 25.221; ditto, 3 months, 23.321 to 25.371 ; Marseilles,
3 months, 25.321 to 25.371 ; trankfort-on-the•Maine,
3 months, 1191 to 1191. ; Vienna, 3 months, 13.30 to
13.35 • Trieste, 3 months, 13.30 to 13.35 ; Madrid. 3
rronthi,43l to 481; Santander, 3 months, 481 to 481; ()Adis,
3 months, 491 to 49; Seville, 3 months, 491 to 49; Malaga,
3 months, 481 to 481; Valencia, 3 months, 481 to 484 ; Bar.
colons, 3 months, 49 to 484 ; Bilbao, 3 months, 481 to
484 ; Saragossa, 3 monthi, 481 to 484 ; Leghorn, 3
months, 27.30 to 27.40; Genoa, 3 months, 27.30 to
27.40 ; Naples, 3 months, 27.30 to 27.40 ; Palermo, 3
menthe, 27.30 to 27.40 ; Retsina, 3 months, 27.30 to
27.40; Lisbon. 90 days' date, 521 to 12 ; Oporto, 90 days'
date, 52A to 52.
At Paris the rate of discount in the open market 1
is 21 per cent., being pto below that current
here ;at Vienna and Turin, 5 at Hamburg, Ber li
-
lin, and Brussels, 21 •at Frankfort, ;at Am-
sterdam, 3 ; and at St. Petersburg, 8 per cent.
The Caledonian Railway traffic return shows
this week an increase of 2281. over last year.
The contest for a reform of the management of
the Brighton Railway Company continues, and ex-
cites great interest in the railway world.
Subjoined are the quotations of insurance, gas,
dock, and waterworks shares, as given in the
Stock Exchange list of last evening :
- -

Insurance—Alliance British and Forav, 14 to 13;
English and Scottish Matins. (Limited), 8 &s. ; Indemnity
Marine, 1124 ; North liritish anal Memantile, 134 to 13;
Ocean Marne, 19, 4 ; Universal Marine (Limited), 21.
Oss Light ad Coke—Commercial, 31, 2; Imperial
Continental, 91, 24, 3,31 ; Pliamix, 26.
Docks—London nd St. Katharine, 58 ; Ditto Debenture
Stock, 88 ; Southampton, 610 k ; Surrey Commercial, 103.
Waterworks—Berlin, 11g, 4.
At Lloyd's 40 guineas premium have been paid
to effect fresh insurances upon the ship Cullirhoe,
from Bombay for Liverpool, which is about one
mouth overdue, with upwards of 5,000 bales of
cotton on board:

FRIDAY Zino.

Consols, which closed yesterdayat 90i to ex div.
for the 6th of June, opened this morning at 90a
g, and closed at 90} to a. For money the last
price was 92 to A, with div. The Three per Cents.
Reduced and New Three per Cents. were quoted
at 3 o'clock 90 to A. The official business report
is as follows :—Three per Cent. Consols, formoney,
91j, 2, ; ditto, for account, 901, g, a, ex div. ;
Three per Cents. Reduced, ki9Z, 90 , New Three
per Cents., 90, 891, ; ditto, Two-and-a-Half