The Express.
London, England, 1866-05-29 00:00:00

MONEY MARKET.-(THIS DAY.)

Oxs o'CLocix.
Some rather large bond fide purchases have been
effected to-day in the Stock Exchange, and the

tendency of the various markets is favour-
able. Attention is partly directed to the
settlement of the fortnightly account, which
will be completed to-morrow. The telegrams

from the Continent with regard to the conference

are considered satisfactory, and it is hoped that

confidence will continue to increase in commercial

and monetary circles. The funds, British rail-
ways, and foreign stocks are in demand, and
show an important advance. The rise in
Consols amounts to per cent. Bank
shares havo also improved, especially Agra
and Masterman's and Alliance. Consolidated

are quoted the same as yesterday, viz., 2 dis. to
par. American securities are decidedly firm.
The applications for discount to-day were mode-

rate, while the supply of money is large. The
lowest rate for the best paper, however, is 10 per

Consols are now quoted 87i to with div., for

money, and 86.1; to 3, ex div., for the account
(June ti).

The transactions in foreign stocks are to a good
extent, and the tone of the market is firm. Spanish
Passive Bonds and Certificates are in strong re-

quest, and have advanced lit and per
cent., respectively. Brazilian scrip has also
improved 14 ; Turkish of 1865, fi ; Italian

of 1861, • ; Mexican, 1 ; and Greek, 1.
Turkish Bonds of 1862 are now quoted 571 i to 581! ;
ditto of 1865, 301 to 31 ; Greek, 91 to 101 ;
Spanish Passive, 201 to 1 ; ditto Certificates, 141
to 1 ; Italian of 1861, 42 to ; Brazilian 'clip,
ni to 61 dis. ; and Mexican, 171 to
There is a demand for American securities,
which have experienced a rise ranging from 1 to
per cent. 5-20 Bonds are now quoted 661 to
; Erie Railway shares, 45 to 46 ; and Illinois

Central, 78 to 79.
The steamer Palmyra, from New York, has
brought 62,0 00i. in specie.
International Financial shares are now quoted
2to 1/ dis. ; London Financial, 16 to 14
General Credit, 3 to 21 dis. ; Imperial Mercantile,
10 to 9 dis.; Credit Foncier,2l to 21 dis.; Overend,
Gurney, and Co., 16 to 14 die. ; and National
Discount, to 7 prem.
About 76,0001. in gold was sent into the Bank
yesterday—viz., 39,000/. in bars, and 37,000 sove-
reigns, from the Mediterranean. A portion of the
recent arrivals from New York—probably about
one-third—has been taken for the Continent.
The steamer Rhone has arrived at Lisbon from
Brazil, with 6,164!. in specie.
Messrs. Glyn, Mills, Currie, and Co. are ap-
pointed London agents to Messrs. Mills, Bawtree,
Errington, Bawtree, and Hatldt ek, of Colchester,
Witham (Essex), and Hadley (Suffolk), and also
of the Swaledale and Wensleydale Banking Com-
pany, of Richmond (Yorkshire),
.with branches at
Leyburn, Bedale, and Hawes.
The Jersey Banking Company have given nt nice
that all the bills drawn l them on the Bank of
London, whether accepted or not, will be paid on
presentation at the Bank of 'England.
The Northamptonshire Union Bank, carrying on
business at Northampton, Daventry, Thrapst me,
and Wellingborough, and also Messrs. Mercer,
Otitis, and Mercer, of the Toweester Old Bank, have
transferred their Lund( at account to Messrs. Wil-
IMms, Deacon, and Co.
The National Provincial Bank of England have
accepted the London agencyof the Australian Joint
Stock Bank.

A notice was posted in the Stock Exchange to-
day, stating that Exchequer Bills, dated the 11th
June, 1861, will be renewed fur new bills with in-
terest at 4 per cent. per annum (the present rate
being 3 per cent.) or paid off at par at the option of
the holders.

The second annual meeting of the Asiatic Bank-
ing Corporation was held yesterday. The report
stated that the losses were estimated at 142,0001.,
against realised profits amounting to 61,4941.
13a. 3d., from which an interim dividend for the
half-year ending the 30th June last. at 5 per cent.
per annum, had already been declared. The
directors had accordingly transferred 87,500/. from
the reserve fund to the credit of profit and loss,
leaving the reserve fund at 87,7001.' and a balance
to credit of profit and Ines of 9491. 6s. The losses
now shown were mainly to be attributed to the
operations of the Bombay agency, and to the dis-
astrous crisis which occurred in that city last year.
The report was unanimously adopted.
The half-yearly meeting of the Imperial Conti-
nental Gas Association was held yesterday, when a
dividend of V. 10s. per share, and a bonus of 1/.
per share (making together 31. 10s. per share) were
declared upon the 2,800 shares of the association
for the half-year ending 31st December last, free of
income tax.
With reference to the Malta and Alexandria
Telegraph, in connection with the Cairo, Syrian,
and Persian Gulf Telegraph, and to telegrams for
Egypt and India, the following notice has been
issued :
It having been ascertained that messages for Egypt are
frequently forwarded by the Foreign Telegraph aMtheritics
ria Constantinople, thus occupying in transit from four to
fie c days, the public are recommended to insert after the
-eceiver's address the words "ria Malta," in order to
ensure the transmission of their telegrams by the direct
route. Messages for Indiacanalsobe forwarded ria Malta,
Syria, and the Persian Gulf telegraph,by which an alternate
route is obtained, with greatly increased speed in trans-
mis,+loll. R. A. Gi.ass, Managing Director.
The London, Brighton, and South Coast Railway
traffic return shows this week an increase of 5,1531.
over last year, and the South Eastern an increase
of 7,3921.
The traffic receipts of the Erie Railway Com-
pany, including the Buffalo division, for the month
of April, were 1,153,295 dolls., being 385,018 dole.
less than in April, 1865.
The Merchants Company (Limited) notify that
a call of Si. on all shares on which lb?. has not
been already paid is to be paid by the 4th June.
The directors of the Bank of Hindustan, China,
and Japan (Limited) have elected Mr. J. Mackrill
Smith chairman, and Mr. Philip Vanderbyl deputy-
chairman of the bank.
A general meeting of the Bahia Steam Naviga-
tion Company (Limited) is called for the 6th of
June.
The International Contract Company have made
a call of 51. per share, payable on or before the
31st of July next.
A private meeting of shareholders in the Russian
Iron Works Company (Limited) was held yester-
day, when a statement detailing the view of the
committee as to the mode in which shareholders
desirous of doing so may compel the directors to
release them from the concern was adopted.
Messrs. Robert Benson and Co. announce the
coupons due the Ist proximo on the bonds of the
Saint Paul and Pacific Railroad Company.
The following is a copy of a private telegram
received to-day from China :—" Latest dates—
Hong Kong, April 29 ; Shanghai, April 21 ; Foo
Chow Foo, April 23. Export of tea for thefortnight
nil ; exchange in Hong Kong, 4s. 70. to 4a. Bd. ;
freight at Whampoa, 80s. to 90s. per ton."

XOPDAT Evmmte.
Consols, which closed on Saturday at 851 to /, ex
div., for the 6th of June, opened and closed to-day
at the same quotation. For money the last price
was 87 to 1, with div. The official business re-
port
is as follows :—Three per Cent. Consols, for
money, Bn, 6/, 7L 7i, 61, 71 ; ditto, for:ac-
count, .85; Three per Cents. Reduced, 84/, 51 ;
New Three per Ceuta., 84/, 51, 41, 51 ; Bank
Stock, 247 ; India Five per Cent. Stock, 1041 ;
ditto Four per Cent. Certificates, 90 ; ditto Five
per Cent. " enlaced" rupee paper, 100 ; ditto
Five-and-a-Half per Cent., 106 ; ditto Four per
Cent. Bonds, 25e. prem.
The India Five per Cent. Stuck was firm. The