The Express.
London, England, 1866-02-28 00:00:00

ifONEY MARKET.-(THI8 DAY.)

Ors o'Owait.
The rumour that Earl Russell has resigned his
poet of Premier has tended to cause a further de-
cline of per cent. in the funds, but most other
securities have seareely -varied to-day, transactions
being still restricted, partly through the interven-
tion of the fortnightly settlement, which will be
completed this afternoon. A. few of the foreign

stocis are fractionally better, but English railways
and financial shares are, with one ar two =cep-

time, quoted the same es yesterday. American
seourities, however, continue in request, and show
a fresh advanoe.

There is a good demand for money to-day, but
chiefly for loans to the Stock Exchange where the
rate for advanoes on stooks and shares till the next

fortnightly settlement is 7 to 8 per oent. The
quotation for choice bills in Lombard-street is 6;
per cent., with exceptional transactions, at 6f.
The government broker has bought to-day
15,0001. New Three per Cents, for the Sinking
Funds.

-
Consols are now quoted 87 to for money, and
871 to I for the account (March 8).
The operations in the foreign stock market are
rather numerous, and the toes is firm. Turkish of
1865, Spanish Passive, the Committee's Certifi-
cates, and Italian of 1861 exhibit a rise of /
to per cent. Egyptian scrip, however, has
declined 1. The quotations are as follows
Greek, 131 to 14/ ; Mexican, 221 to 231; Spanish
Passive, 271 to ; ditto Certificates, 161 to 17 ;
Turkish, 1865, 38 to ; Brazilian scrip, 2to
prem. • Egyptian scrip, to f prem. ; and Italian,
1861, 601 to 611.
United States 5-20 Bonds exhibit a farther im-

provement of k per oent., being quoted 701 to 71.
Erie and Illinois Central Railway shares are also
firmer, at 551 to 1 and 781 to 79, respectively.
International Financial shares are now quoted
3-16 to 5-16 prem. ; General Credit, f to lk prem. ;
London Financial, 21 to 2 die. ; Imperial Mer.
k to 1k prem.; Credit Foamier, it to
prom. ; Overenl, Gurney, and Company, 41 to I
prem. ; and Joint Stook Discount, 6to die.
The shares of the Imperial Land Company of
Marseilles are quoted 21 to 3 prem.
RALrnar Tin= o'CLoci.
Consols remain fiat, at 87 to k for money, and
87k to for the account.
At Paris to-day the Three per Cent. Bente'
opened at 69fr. 23e., showing a decline of nearly
k per cent.
About 10,0001. in gold has been bought by the
Bank

An instalment of 101., making 251. paid, falls due
on Thursday next, the Ist of March, on the Egyptian
Government Railway Loan.
The prospectus has been issued of a Chilian 6
per cent, government loan for 450,000 L sterling,
through Messrs. Thomson, Boner, and Co.. of Old
Broad-street, and Mr. J. Gerstenberg, of Warnford-
court. The loan is issued in two series, of 225,0001.
each, the first of which is to be repaid at par (100)
on the 15th of March, 1887, and the second on the
same date in 1868, while the subscription price is
92} per cent., or 91 on payment in full being made
on the 15th of March. The loan thus yields
about 13 per cent. per annum, including the
bonus on repayment. As a special security
for the interest and sinking fund of this loan, the
entire proceeds of the sale of the state tobacco
monopoly are hypothecated, and are to be remitted
direct to London. These revenues produced in the
year 1865 1,120,000 dole. Chili is one of those'
states which during a long series of years has
faithfully discharged her national obligations, and
she finds her reward in the fact that, although she
is at war, the subscriptions already received are
equal to the entire amount of this loan. It is
understood that the list will be closed almost im-

mediately.
The amount of gold sent into the Bank yesterday
was 34,0001., making a total of 83,0001. since the
date of the last return.
The Metropolitan Railway traffic return shows
this week MI increase of 1,2721. over the corre-
sponding week of last year.
The proposed dividend on Glasgow and South
Western Railway stock is at the rate of seven per
cent. per annum against 51 in the corresponding
half-year.
The directors of the Agra and Masterman's
Bank (Limited) have declared a dividend at the
rate of 10 per cent. per annum (11 se. per share)
for the half-year ended 31st December last, toge-
ther with a bonus of 15s. per share, free of income
tax, and payable on the Bth March, being a distri-
bution to the shareholders at the rate of 16 per cent.
per annum.
The directors of Halcomb and Co. (Limited) have
declared an interim dividend of 6 per cent. on the
half-year ending 31st December.
The following notice has been posted up in the
Stock Exchange :
LOIIDON, CHATHAM, AND DOT= RULWAL—Metropoli.
tan Extenelon B and C Preterenoe Stooks.—OfEcial informa-
Moe hes been received, to the effect that the oontrectors
(Menus. Pet*, Bette, end Orsmptoe.) have extended their
guarantee of six per sent. on the above stocks to Slat Dee.,
1868, being twelve months from the opening of the junction
with the Metropolitan Railway for public Maroc.
The half-yearly meeting of the kfillwall Freehold
Land and Works Company was held yesterday,
when a discussion ensued which led to various re-
solutions being proposed and ultimately withdrawn.
Eventually the directors' report was adopted, aod
Mr. Ayrton, M. P. for the Tower Hamlets, was
elected a director in the room of Mr. Fenner.
The meeting of the Southampton Dock Company
took place yesterday. The available balance was
stated at 9,9251., including the previous balance of
400/. A dividend at the rate of 4 per cent. pee
annum was declared for the half-year, leaving
2,7181. to be carried forward.
At the meeting of the Estate Company, held yes-
terday, the accounts showed an available balance of
3,3331., and a distribution of 12s. 6d. per share was
made, leaving 2081. to be carried forward.
At the meeting yesterday of the West London
Wharves and Warehouses Company, the directors
report, which has already been published, was
adopted.
The half-yearly meeting of the General Steam
Navigation Company was held yesterday, when the
directors' report was adopted, and the usual
dividend and bonus were
The liauritine Land Credit and Agency Com-
pany (Limited) have issued the warrants, now pay-
able at the Union Rink of Loadon, for the interim
dividend of 10 per cent. per annum, declared on the

20th last.
The third ordinary general meeting of the Mer.
chant Banking Company ofLondon (Limited) will
be held on the 15th of
The half-yearly meeting of the Metropolitan Dis-
trict Railway Company is called for the 15th of
March.