The Express.
London, England, 1867-08-14 00:00:00

MONEY MARKET.-(THIS DAY.)

On s'Ounz.

Consols opened this morning at a slight improve-
ment, but have since relapsed to the last quota-
tions of yesterday, some sales having been made
to realise profits. The Three per Cents. Re-
duced and New Three per Cents. remain firm
in consequence of the recent large absorption
of these securities, partly on account of the
London and Westminster Bank. British rail-
way stocks have given way, upon a renewal of
speculative sales for a fall. The supply of stock,
however, is very limited, while the amount to be taken
up at the settlement to-morrow by bona. fide inves-
tors is unusually large. The "backwardations," or
premiums for the loan of stock to the next ac-
count, have accordingly increased, especially as
regards Midland. Foreign bonds are strong,
though mostly unchanged in price.
There is a fair demand for money, but the rate
is unaltered, at lkto 11 per cent. Short loans on
English government securities are offered in the
Stock Exchange at about the same quotation.
Consols are now quoted 941 to 1 for money,
and 941 to 95 for the account ; and the Three
per Cents. Reduced and New Three per Cents.,
941 to 96.
The railway market is flatter, and several of the
principal stocks have receded. Brighton has de-
clined 11 per cent. ; Metropolitan and Great
Northern (original), 1 ; Great Western, 1 ;
Midland, South Eastern, and Great Eastern,
; and London and North Western,
4. Annexed are the quotations :—Metro-
politan, 1284 to 129; Great Western, 431
to 441; London and North Western, 1161 to
1161; Midland, 1191 to 120/ ; Lancashire and
Yorkshire, 130 to ; Caledonian, 1124 to 1131 ;
South Eastern, 674 to 68 ; Great Eastern, 90
to ; Great Northern, 114 to 115 ; ditto A, 1161
to 1174 ; London Chatham. and Dover, 18 to 1 ;
North British, 31 to 32 ; Brighton, 504 to 51.
The government broker has bought to-day
21,0001. Three per Cents. Reduced, on account of
the sinking fund, at 941.
Turkish Bonds of 1865 continue in request, and
have advanced 1 per cent., viz., to 311 to 321; but
Spanish Certificates are lower, at 161 to 4. Other
stocks are firm, but show no change of importance.
Turkish of 1862 are quoted 57 to 58 ; Greek, 131 to
; Spanish Passive, 214 to k ; Italian of 1861,
491 to ; and Mexican, 141 to 4.
In the market for bank shares the dealings were
still principally confined to London and West-
minster and Imperial Ottoman, which have again
advanced—the former to 94 to 96, and the latter
to 11 to oi dis.
Financial shares are without change. Inter-
national Financial are quoted 21 to 2 clis. ;
London, 24 to 23 dis. ; General Credit, 21 to 2
dis. ; and Credit Fonder, 54 to 5/ dia.

United States 5-20 Bonds exhibit a reduction of
per cent., at 731 to 74k ; and Erie Railway
shares are 1 lower, at 44 to 46 ; Illinois Central
are called 77} to 78, showing no movement.
Anglo-American and Atlantic Telegraph 8 per
cent. preference shares 'are steady at 18 to ; and
3i to a respectively.
The City of Boston, from New York, has
brought 26,0001.. in specie.
The half-yearly meeting of the London General
Omnibus Company (LiAited) will be held on the
3rd of September, when a dividend will be
declared. • •

A special meeting of the Bt. George's Harbour
Company is called for the 30th inst., " to take into
consideration certain provisions of the St. George's
Harbour Act, 1861 ;. to determine what course will
be most advisable in order to bring the affairs of
the company to a termination ; to decide as to the
disposal, by division o4r otherwise, of the balance
of the London and Noith Western Railway Com-
pany's stock belonging to this company ; and gene-
rally for other purposes relating thereto."
All persons having claims against the Bombay
Royal Insurance Company, the Bombay Cams Insur-
ance Company, and the Came Constituents Insurance
Company, which are now in course of winding up,
are required to present them for payment to Messrs.
D. D. Cams and Co., of London, by the 31st of
December.

About 10,0001. in gold was sent into the Bank
yesterday.
The amount of Australian gold known to be now
on the way to England is 833,0001., of which the
greater portion is due. The Norfolk has 219,0001. ;
the True Briton, 175,0001. ; the Hightlyer 128,300 L ;
the Reigate, 97,0001. ; the Devana, 86,0001. ; the
Maid of Judah, 61,0001. ; the Dumbarton
44,0001. • and the Suffolk, 23,000!.
The whole of the 2,000,0001. of new capital in
the Great Indian Peninsula Railway Company has
been subscribed. It consists of 100,000 shares of
201. each, bearing a guaranteed interest at the rate
of 5 per cent. per annum.
The Secretary of State for India in Council will
receive tenders on the 21st inst. for bills of ex-
change to the amount of 270,000/., of which not
more than 100,0001. will be drawn on the govern-
ment of Bombay.
- - - - -

No mail has been received from New Zealand by
the present opportunity. It had nut reached Mel-
bourne up to the 28th of June.
In the foreign exchanges yesterday afternoon a
slight advance has taken place in the Italian rates.
Tho St. Petersburg quotations were also more
favourable to this country. The rates on Vienna
and Trieste show an improvement in the value of
the Austrian currency. Subjoined is the usual list :

Amsterdam, 3 months, 11.191 to 12.0; ditto, short,
ILIB to 11.19 ; Rotterdam, 3 months, 11.194 to 12.0 ;
Antwerp, 3 months, 25.37,1, to 25.421; nmies, 3 months,
25.37 i to 25.424; Hamburg and Altena, 3 months, 13.94 to
13.91 ; Berlin, Cologne, ha., 3 months, 6.1.2 i to 6.94;
St. Petersburg, 3 months, 32 to 311 ; Paris, shoat, 25.15
to 25.25 ; ditto, 3 months. 25.32,1 to 25.375 ; Marseilles,3
months, 25.35 to 15.375 ; Frankfort-on-the-Maine,
3 months, 120 to 1284 • Vienna, 3 months, 12,80 to
12.85 ; Trieste, 3 month's, 12.80 to 12.85 ; Madrid, 3
rr onths, 494 to 49; Santi4der, 3 months, 494 to 49; Cadiz,
3 months, 495 to 49 ;Se e, 3 months, 494 to 49; Malaga,
3 months, 49 to 481 Valencia, 3 months, 49 to 481 ; Bar-
celona, 3 months, 494 to 494 ; Bilboa, 3 months, 49 to
481 ; Saragossa, 3 months, 49 to 481 ; Leghorn, 3
months, 27.20 to 27.30 ; Genoa, 3 months, 27.20 to
27.30 ; Naples, 3 months, 27.23 to 27.30 ; Palermo, 3
months, 27.20 to 27.30 ; Messina, 3 months, 27.20 to
27.30; Lisbon, 90 days' date, 524 to 511 ; Oporto, 90 days'
doge, 521 to 511.
The liquidators of the English and Swedish
Bank have given notice of a further return of 41.
per share, payable on and after the 12th Septem-
ber next, making 14/. per share returned.
The following relates to the Atlantic Telegraph :
The Telegraph Construction and Maintenance Company's
ship Chiltern sailed to-day from Greenhithe with 320 miles
of submarine cable on board for Placentia, in Newfound-
land. The cable, which has been manufactured: for the
New York, Newfoundland, and London Telegraph Com.
piny, will be laid from Placentia to the island of St.
Pierre, • French colony in the Gulf of St. Lwow*, and
thence extended to Sydney, in Nova Scotia. Great efforts
are being made during this season in establishing through-
out Nova Scotia a ernes of land lines which it is hoped
will enable the communications to be maintained between
Europe, vii the submarine cables, and Canada and the
United States, throughout the coming winter, so as to
avoid the serious interruptions to traffic which occurred
last winter. In any case this new cable about to be
laid will enable telegrams to be sent independent of
the old land lines in Newfoundland, so that the
risk of interruption by snow-storms and floods will be much
reduced. Directly the Chiltern has laid the Placentia
cable she proceeds to the entrance of Trinity Bay for the
of repairing the 1868 Atlantic cable. By telegrams
eat ressived from the Admiralty surveyors in that neigh-
bourhood, we hear that a shoal patch has been discovered
in the immediate vicinity of the recent accident to the '66
cable, and there is every reason to believe that the mishap