The Express.
London, England, 1866-01-08 00:00:00

ifONEY MARKET.-(271D1 DAY.) and are to be paid off at par by Molars Thomsen.
---e-.....-._ Bona:, and Co., on the lst of April.
Oil olhoolts I SAITIDAT Emma.
The transactions in public securities to-day are Consols, which closed yesterday at 861 to 87 ea
upon a quiet scale, and the tone is rather dull, the tvc:rnfi:r next Tuesday's settlement, opened this
continued flow of gold from the Bank keeping alive at the same quotation, and closed at ST
to 1. For money the last price was likewise 87 to
uncertainty with respect to the future course of the 4, and for the Bth Feb., 874 to 4. The official
money market. Consols, in which to-morrow is business report is as follows :—Three per Cent
settlingday, are unchanged, but foreign and English Consols, for money, 864, 71 ; ditto, for account,
railway stocks have declined in several cases. Me- 864; 74, 7 ; Three per Cents. Reduced, 864, 4;
tropolitan shows especial heaviness. Banking and New Tree per Conte., 864, 4 ; Bank of England
stock, 2461 ; India Five per Cent. Stock, 1021 1;
' financial shares remain fiat, and a fresh fall of ditto Five pee Cent. " enfaced ” rupee paper 1,02 •
17s. 6d. has taken place in London Financial. Ina- ditto Fire-and-a-klalf per Cent, 1091 ; ditto Bonds,
perial Mercantile are slightly lower. 'Bs 13s prem.
• , -s
' The supply of money in the discount market Indian government securities present no change
continues large, and transactions are reported in of importance. Exchequer Bills remain at 6s. to 2a.
the best paper at a fraction below the Bank mini- disoonnt.
The foreign stock market was steady, but then
mum. The charge in the Stock Exchange for loans was not much business. Egyptian Bonds of 1864
on English government securities till to-morrow is improved 4 per cent, Turkish of 1865, 4, and Meal-
-4 per cent. can, 4 ; but Greek declined 4, Spanish Passive,
Consols are now quoted 87 to 4, ex div., both 1,
and the Certificates, 4. Spanish New Deferred
Three per Cents. were also flat
for money and to-morrow's settlement.
The transactions in bank shares were few, and
The transactions in foreign stocks are limited, the tone was dull. Alliance, British and Califor-
and the course of prices rather unfavourable. nian, Chartered of India, Australis, and Chins,
Spanish Passive bonds have declined 4 per Commercial of India, and Union of London de-
and Australasia and Oriental were rather
cent., and the Committee's Certificates, Brazilian anted;
City and Colonial Bank improved
scrip, and Mexican, 4. Turkish of 1865, how-
list..ontn Financial shares were . heavy at
ever, have improved 4. Some of the present one period of the day, and were dealt in asy
low as
quotations are subjoined, viz.:—Greek, 131 to 34 prem.; but a reaction afterwards took place, and
144 ; Turkish Five per Cents, of 1865, 414 to 42 ; the closing quotation was only 3. 6d. worse than
Spanish Passive, 264 to 4 ; ditto Certificates, 134 yesterday. International Financial shares were
to 14 ; Confederate, 6to 8 ; Brazilian scrip, 4 to slightly lower. The closing prices were as follows ....
1 prem. ; and Marken, 224 to I, ex illy. —lnternational Financial, 13-16 to 15-16 pram.;
American securities exhibit no movement of im- General Credit, 14 to 2 pram ; London Finanei3l to 4 prem. ; Imperial Mercantile Credit, 24 to
portance. 5-20 Bonds are ,now quoted 644 to 1 ; prem.; Credit Foncier and Mobilier, 34 to
Erie Railway shares, 564 to 4 ; and Illinois, 761 prem., ex dir. and new.
to 1. National Discount shares were last quoted 114 tie
vem., being 2s. 6d. lower; Joint Stock
Co
International Financial shares are now quoted
t 16 to 3-16 dia. Overend, Gurney, and Co 64
13-16 to 15-16 prem. ; General Credit, 11 to 2 to 1 prem. ; and ;Hudson's Bay, 15/ to 4. In the
prem. ; London Financial, 34 to a prem. ; ImPe. market for miscellaneous shares there was a decline
rial Mercantile, 2 1-16 to 3-16 prem. ; Credit in Ceylon, Egyptian Trading, International Con-
Fonder and Mobilier of England, 34 to 4 prem., tract, New Zealand Trust and Loan, Ocean Marine,
and Trinidad Petroleum. Scottish Australian In-
ex all; Overenl, Gurney, and Company, 64 to 1
vestment stock rose 14 per cent., and there was a
prem.
recovery
The shame of Charles Lafitte and Co. are
Katlsneto the same extent in London and St
quoted 24 to 3 prem. ; English and American Bank, The shares of the English and American Bank
4 to 14 prem. ; and London Steam Towing, 14 to 2 were nominally quoted 4to 14 prem. ; and Hercules
prem. Insurance., 14 to *prem.
-- - -

HALF-PAST THREE O'CLOCK.

Consols are still auoted 87 to 11, ex div., both
for money and to-morrow's account. The price
for the new settlement is 87i. About 118,000
sovereigns have been withdrawn from the Bank for

MINES.-4THIB DAY.)

ONE OVIDOE.

The milling market continues remarkably inae-
tire, with very little business, and the movements'
in prices to-day are quite unimportant. It is
probable that there will be no real revival of busi-
ness in British wining securities so long as the ins-
bout high rate of discount remains in operation.

The payment of the dividends, which will com-
mence to-morrow, the 9th, may be expected to
cause a further addition to the floating supply
of money, although it is believed that the bulk of
the sum to be released will be carried back to the
Bank through the repayment of loans recently made
by it to tie discount establishments and others.
So far as internal influences are concerned, there-
fore, the value of money seems likely to recede
a little, but there can be no distinct revival of
confidence until the foreign drain of gold from the
Bank ceases. On Saturday about 50,000 sovereigns
were withdrawn for Alexandria, and a further
amount is expected to be taken to-day for Brazil.
The amount of government bills on India, for
which tenders will be received at the Bank of Eng-
land on the 17th instant, will be 35,00,000 rupees
(350,0001.)
It cannot be doubted that the great expansion
which has taken place in our export trade to the
United States since the conclusion of the civil war
has had considerable influence in bringing about the
present exorbitant rates of money, under the two-
fold operation of a large increase in the number
of bills seeking discount, and in the necessity
imposed upon us of paying in cash for the
bulk of the raw materials which we work
up into the manufactured form awl con-
sign on credit to America. For this reason, and
also because it is important that we should keep a
good account of the extent to which we are trusting
the American mercantile community, much interest
attaches to the periodical statements of exports pre-
pared by Messrs. Guion and Co., of Liverpool. The
figures for the month of December are now rendered,
and prove that the exports to America in that
month exceeded by 50 per cent. those of the most
active month of December ever known. The sub-
joined statement gives the number of packages of
British manufactures (including cottons, woollens,
worsteds, linens, hosiery, haberdashery, carpeting,
tbc.) shipped from Liverpool to New York in
December for 15 years, and also those from July to
December for the same period of time :
Packages. Pa( Inge.;
December, 1850 ... 12,700 July to DecoBso 5..1,7.:5
1851 ... 9,978 1851 .. 4.;,438
99 99
1852 ... 13,804 1852... 61,117
1853 ". 14,591 1853_ 75.632
99 1854 ... 8,960 tt 1854... 41,735
1855... 15,550 1815... 79,521
9.
1856 ... 15,641 1856 .. 77,309
..
99 V
1857 . 3,5711857... 40,889
99 ~
tt 18.58 „. 15,985 ~ 1858... 65,528
1859 ... 15,092 1859... 77,362
1860 ... 14,879 1860... 81,270
99 tt
1861 5,468 1861... 27,639
tt
9. 1862 ... 9,354 1862... 61,703
tt 1863 ." 13,794 1863... 66,912
99
1864 ... 5,115 1864... 30,516
19 1865 22,185 1865...112,897
As regards foreign manufactures (including silks,
laces, embroidery, and other fine goods), a similar
increase of the export trade to New York is shown,
and this serves to explain the increased demand for
money now experienced on the continent as well as
here. The annexed figures are in the same form
as those before given :

WEATHER REPORT.-(THIS DAY.)

M..NDAY, JAAIVAM 11.1 L

I. I K.

Packages. ^ Package'.
Dweasber, 1860 ... 699 Julyto Dec 1850... 4,580
9. 1851 ... 1,006 „ 1&51... 5,120
/9 1852 ... 2.199 „ 1852... 9,675
99 1853 ... 4,310 „ 1853... 15,948
99 1854 ... 850 „ 1854... 9,265
99 1855 ... 660 „ 1855... 6,245
91 1856 ... 2,504 „ 1856... 9,216
.. 1857 ... 758 „ 1857... 6,237
~ 1858 ... 2,511 „ 1958... 9,512
1859 ... 5.043 ~ 1839... 13,858
1860 ... 5,335 „ 1860... 17,262
99 1861 ... 1,873 „ 1861 .. 8,662
19 1862 ... 2,085 ~1862... 14,905
9, 1863 ... 7,096 „ 1863... r2,t.27
„ 1864 ... 1,894 „ 1864... 11,939
„ 1865 ... 11,505 ~1965... 57,096
Subjoined is a comparison of the present posi-
tion of the Bank and the price of Consols with the
corresponding date of last year :
At present. Same tine last )em.
Bank coin and bullion L13,106,133 .. t13,533.fe2
Bank reserve of notes 6.253.240 .. 7,459,120
Rate of Miami &II percent. .. 6 percent.
Price of Consols
The half-yearly meeting of the London, Brigh-
ton, and South Coast Railway Company is called
for the 29th inst.
The half-yearly meeting of the Australian Trust
Company is convened for the 30th inst.
The Crystal Palace Company announce that the
half-yearly dividends on the 7 per cent. preference
stock and the 6 per cent. debenture /deck to the
31st ult., and the dividend on the ordinary suck
for the twelve months ending 31st October lait, will
be payable on the 15th inst.
The 11th annual drawing for the reimbursement
of obligations of the Great Luxembourg Company
took place at Brussels on the 19th ult., and the
numbers of the obligations drawn can be ascertained
on application at the company's offices.
Formal notice is given that a petition for the
winding up of the Walachian Petroleum Company
(Limited) is to be heard before ,the Master of the
Rolls on the 13th inst.
Creditors of the South Blackpool Hotel Com-
pany (Limited) are required to send the particulars
of their claims to the official liquidator by this day,
the 19th having been appointed by the Master of
the Rolls for adjudicating upon them.
The numbers are published of 1,131 bonds, re-
presenting 256,2501. of the Peruvian Five per Cent.
Loan of 1865, which were drawn on the 2nd inst.,