The Express.
London, England, 1866-07-13 00:00:00

MONEY MAIIKET.-(THIS DAY.)

thew o'CLvci.
In the Stock Exchange to-day the dealers are
almost exclusively engaged in the settlement of
the fortnightly account, and very little
other business is going forward. The funds
and nearly all the British railways are
without variation, and the movements in foreign
stocks are confined to a few descriptions. Bank-
ing and Financial Shares are also inactive. A
slight advance is observable, however, in the
—i American lines.

The discount market is quiet to-day, and the rate
for the beat paper unchanged, at 9to 9 per cent.

The supply of money is considerable.
Consols are now quoted 87i to 4, for money,
and 872 to 4 for the account (August 9).
Foreign stocks are quiet, with little business.
There is a demand for Brazilian scrip, which has
advanced 4 per cent., but Italian bonds of 1861
show a decline of 4, after allowing for the deduc-
tion of the half-yearly dividend. Turkish
of 1865, Spanish Passive, the Committee's
Certificates and Mexican are steady. Turkish
Bonds of 1862 are now quoted 50 to 52, ex
div. ; ditto of 1865, 251 to 261 ; Greek, 11 to
12 ; Spanish Passive, 19a to 4 ; ditto Certificates,
154 to ; Italian, 1861, 51 to 4, ex div. ; Brazi-

bail scrip, 4 to 3 dis ; and Mexican, 151 to 16.
United States 5-20 bonds are unaltered at 671 to
68, but Erie and Illinois Central Railway shares are
1 per cent, better at 39 to 1 and 76 to 1 respec-
tively.

The steamer Atrato, from the West Indies, has
1"... brought 240,0001. in specie.
International Financial shares are now quoted
2 to 11 dis. ; Landon Financial, 12 to 11 dis. ;
General Credit, 2i to 11 dis. ; Credit Foncier,
1i to 1i dis, ; and National Discount, 81 to
prem.

An instalment of 25 per cent., making 75 per
cent paid, falls due to-morrow on the Chilian Loan
for 450,0001. sterling, introduced in February last.
The final instalment of 17i per cent., less 3 per
cent. coupon, is payable on the 15th of September.
The weekly return of the Bank of France shows
the Allowing changes :
Coin and bullion Decrease £440,000
Bills discounted
Government deposits Decrease 4140,000
Notes in circulation
Private deposits
Advances
After the long and extraordinary increase in the
stock of bullion, there is now a diminution of
440,0001., but this is accompanied by a large de-
crease in the notes in circulation. The falling off
in the discounts indicates, of course, a diminution
in the demand for money.
At the half-vearlv meeting of the general board
of directors of the Thames and Merrey Marine

aurance Company (Limited), held in Ljndon yester-
day, an interim dividend at the rate of 10 per cent.
per annum, and a bonus of 5 per cent., were de-
clared, free of income tax, being together at the
rate of 20 per cent. per annum for the half-
year ending the 30th June—in all 4a. per share.
The North Eastern Railway traffic return shows
this week an increase of 2,9341. over last year ;

the Lancashire and Yorkshire, an increase of
4,075/. ; the Manchester, Sheffield, and Lincoln-
shire, an increase of 2,244/. ; the North British, an
increase of 1,9921. ; the .ondon, Chatham, and
Dover (including the Metropolitan Extension and
branches), an increase of 3271. ; the Metropolitan
Extension, an increase of 2481.; and the Kent Coast,
a decrease of 4001. _ _ . .

The traffic receipts of the Atlantic and Great
Western Railway for the third week in June
amounted to 131,316 dole., against 113,570 dole.
in the corresponding period of last year, showing
an increase of 17,740 dole.
The directors of the New Zealand Trust and
Loan Company (Limited) intend to declare a divi-
dend at the rate of 10 per cent. per annum at the
meeting on the 18th inst.
An extraordinary general meeting of the share-
holders of the Oriental Commercial Bank was held
yesterday, when it was unanimously resolved to
present a petition to the Court of Chancery for the
voluntary winding up of the company, and
the appointment of Mr. H. Cannan as liqui-
dator.
The half-yearly meeting of the London and
South African Bank is called for the 15th of
November. _ _ .

The half-yearly meeting of the Waterloo and
Whitehall Railway Company is called for the lit of
August.
A general meeting of the Provincial Banking
Corporation (Limited) is called fur the 3rd of
August, when a dividend is to be declared.
The following is from the London Bank of
Mexico :

The London Bank of Mexico and South America
(Limited) have received the half-yearly 3 per cent. divi-
dend, and 6 per cent. amortization fund, amounting to the
sum of 12,83 I. 3a. 114. for account of the holders in this
country of their certificates of the British Convention
Debt of Mexico, 1851.
The coupons of the British Convention Bonds of Mexico,
1851, due in Mexico on the 4th June last, together with •
the payments on account of the sinking fund of 0 per cent.
for the half-year, will be paid at the office of the London
Bank of Mexico and South America on and after Thun,-
day, the 19th inst.
Subjoined is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales :
At the 13th series of hide sales for the year there was
only a moderate demand, and prices generally ruled in
favour of buyers. East India.—Calcutta were in only
limited request, principally for the home trade, there being
scarcely any export demand, and prices are generally pl.
per lb. lower. 'The analysis of the sales is 49,330 Calcutta
new parcels, and 31,786 biought forward fives former sake
—in all 80,136 hides, of which :,6542 were sold. East
Indian.—Buffalo continue dull of sale, at easier prices.
Leather. —East Indian sold at late rates. Australian mostly
sold at former prices. Salted Hides.—Australian heavy
hides were in fair demand, at on advance of V. per lb.;
light were in steady request. but barely maintained late
rates. Cape sold fairly. Horse Hides.—South American
mostly sold at fair prices. Dry and Drysalted Hides.—
South American all bought in. Bark.—Mimosa was in
good demand, and sold at full prices to (upon some
parcels) an advance.
Subjoined is a report on yesterday's indigo sales :
The sale has gone without alteration, large quantities
have eosin been withdrawn, and catalogue A has closed.
The sales will conclude to-morrow with the B catalogue. I
3,438 chests passed to-day,of which 2,76 S chests were with
drawn, 200 chests bought in, and 470 chests sold. Total
quantity passed 10,020 chests, of which 1,747 have been
sold, 7,788 withdrawn, and 453 bought in.
The return of the Bank of England for the week
ending Wednesday, July 11, compured with that
for the previous week, shows the following changes:
Circulation issue £25,287,515 Decrease 2860,150
Circulation active 25,192.830 Decrease 619,035
Public deposits 2,726,739 Decrease 4,073,512
Other deposits
Government securities in
banking department 10,278,123 Decrease 500,000
Other securities in banking
department 29,039,534 Decrease 1,710,020
Coin and bullion in both
departments
Seven day and other bills 706,381 Increase
The Rest 3,659,&92 Increase 45,552
Notes in reserve
Total reserve (notes & coin)
in banking department 3,800,640 Decrease 234.440 I
This return shows the effect of the payment of
the dividends, which commenced on Monday. Tho I
government deposits have declined 4,073,5121., but
the loss to the Bank under this head has bean
largely made up by the usual influx of private de-
posits, combined with the diminution in the amount
of the Bank's funds locked up in securities. The ,
result is that the payments of the dividends has been
attended with a diminution of only 264,4401.
in the reserve. Next week a portion of
the sum now added to the private deposits
will probably be withdrawn, but against
this must be set the accession of resources
to the Bank through the expiration of some of its
large advances on private securities. The result of
the import and export movements of the week was
a decrease of about 620,0001. in the coin and bul-
lion ; and, as the difference now shown on the week
is 883,4751., it would appear that rather more than