The Express.
London, England, 1866-05-03 00:00:00

74 76
46 49

MONEY M.

'HIS DAY.)

ADVANCE IN THE RANK RATE OF
DISCOUNT.

Owz
The Directors of the Bank of England have to-
day raised the minimum rate of discount from 6 to
7 per cent. This step was anticipated owing to
the recent withdrawals of gold, and to the conse-

quent revival in the &mind for money at the

Many persons having yesterday borrowed be-
yond their actual requirements, in expectation of
. .

an advance in the Bank iniuintuts, the discount

market is quieter, but the charge for the best paper
is fully equal to the increased Bank rate, viz. 7 per

cent.

The discount establishments have rallied their
terms for money at call from 4 to 5 per cent. ; at
seven days' notice, from sto EPIt ; and at fourteen
days' notice, from 51 to 6. Although no decision
has yet been arrived at, it is understood that the

joint stock banks will allow 5 per cent. for money
on deposit, instead of 41, except that the London
and Westminster will give only 4 for sums below

The India Five per Cent. stock was again offered,
and experienced a further relapse. There was no
change in Exchequer Bills, the March being
quoted Bs. to 3s. dis., and the June ss. dia. to

Par.
In the foreign stock market, Italian bonds of
1861 and Turkish of 1858, 1862, and 1865 were
forced for sale, and experienced a fresh reduction
of 1}
IttetA)n2elPvesr fceronmt"abwrol2.t°Ptho:tnierigti°ll5ese anchdrae
Bra-
zilian of 1865 likewise declined 1 per cent.;
Brazilian scrip and Spanish Passive,l ; and Mexi-
can, ii. The Viceroy of Egypt's loan was also
flatter. On the other hand Italian bonds of 1.866
met with inquiry.

MINES.-(THIS DAY.)

ONE o'CLocs.

The mining market continues inactive, and
prices generally are unchanged. A few transactions
have been reported in Chiverton Moor, East
Caradon, East Grenville, Great Laxey, Great Vor,
Tincroft, West Chiverton, and Wheal Seton shares.
The directers of the St. John del Rey mining
Company (Limited) have received, per Oneida, the
following report, dated Morro Velho, March 29
" Prodeoe, second division of March, 11 days,
19,307 oitavas ; yield, 10.571 oitavaa per ton ; re-
mittance, 100,909 oitavas."

COMMERCIAL AND MARKETS.
LIVERPOOL COTTON MARKET.
(THIS DAY.)
(BY riNCTRIC AND ISTRINATIONAL TZLZGRAPN.)
(PROP OUR OwN CORRINPONDINT.)
The market dull, and prices again favour parch:wen ;
sales about 5,000 bales.

MINCLNG-LANE.-(THIS DAY.)
SUOAIL-The sales in this market are confined to British
West India at 275. to 31s. Gd., being steady prices. Re-
fined : A fair business is doing in dried goods at firm
prices. Pieces remain steady.
COFFEE. -There continues to be an active demand for
Plantation Ceylon at firm rates. Common native Ceylon'
are rather cheaper. Other sorts maintain the previous
value. Plantation Ceylon sold, triage, 555. 6d. to 69.. ;
low middling to nuddhng, 80s. to 87s. 6d. ; good and fins
middling, 89s. to 925. ; native good ordinary, 655. to 661. ;
bold, 695. lid. to 70s. Gd.
Coco x.-Trinidad shows a slight decline, but Graded&
has sold at full to rather dearer prices. Trinidad middling
to fine, 78s. lid. to 90e. Gd. ; Granada, common to fair rod,
655. to 68s. Cal. ; good to fine red, 704. 6d. to 795.
Tga.-No s.des are reported ; business is expected to be
more active after the financial statement is made public.
Rux.-50 puns. of Demerara sold at Is. 6d. to Is. 7d.,
and a few Leeward. at is. rd.
Miaow HOOT has sold on rather easier terms. St. Vinamt,
common to good, 20. to 50.
Ricx.-No sales reported.
SPWEA arc dull of sale, and prices in some cameo are
easier. Pepper. Singapore, sold at 41. ; Penang, at 3ad.
to 3.1 d. ; white Penang, 50.; Jamaica ginger, ordinary to
good, fAs. to KN. ; cloves, good Penang, 1.. 2d. ; nutmeg",
small and middlinfi, Is. to 2a. ; fine bold, 4s. LI.
COTTOII.-There is a more steady demand, but prices are
without change.
JI"Ilt was sold at previous prices ; common at 13/. 10a.
to 13f. 1.55.
Brarreraa.-900 bags sold at 225. 6d. to 235. for refrac-
tion 8i to 4.

TALLOW MARKET.—(THIS DAY.)
The market is quiet. Town tallow is quoted 455. 3d.
net cash ; Petersburg Y. C., on the spot, 475. 6d. ; May
475. 3d. ; June, 475. lid. ; October to December, 48s. 9d. to
495.

METROPOLITAN CATTLE MARKET.
(THIS DAY.)
The number of beams is rather larger than on Thursday
last, but it is still small as compared with the douu
Prices have advanced on choice qualities, and a fair clear-
ance is effected. The supply of sheep in much shorter. and.
readily disposed of at an advance on Monday's quotations.
Choice lambs and calves are scarce and dear. The pig
market is dull except for stores. Our foreign supply con-
sists of 180 beasts, 1,230 sheep, 6 calves, and 70 pigs.
Per stone of Ohs. ad.a. d Per stone of Sibs, s. d. ad.
Best Scots, Bereft's. 6 2 6 6 Best Dna&lll.bdsSh 6 6 6 10
Best Short-hurts S 0 6 2 Beat 10ug.w01a.... 0 0 0 0
Second qua beasts 36 4 4 Do. do .Shorn.... 50 5 6
Calves
Pies
Best Uns&1111-brods 00 0 0 bunts
Beasts at market, 620: sheep and lambs, 6,950 ; calves, 77;
Pigs, 230.

SMITHFIELD HAY MARKET.-(THIS DAY.)
Mr. Charles James FAaton reports trade at bat day'.
prices. Prime meadow hay, from 100.. to 110 s. ; inferior
ditto, 80a. to 05s. ; rowen, 60s. to 80s. ; clover, old, 130 s.
to Ms. ; second cut, 00s. to 120 s. ; straw. 38a. to 445.