The Express.
London, England, 1866-12-04 00:00:00

MONEY AL

—...—(THIB DAY.)
Oars o'OLuas.
There is still very little inquiry for public
securities, notwithstanding a fresh decline in the
corn market and the satidactory termination
yesterday of the reform demonstration. The
dealings in English government stocks still show
a preponderance of sales, and the tendency
of prices is fiat. Congo* however, are not
worse than at the close of business yester-
day. The dealers are partly engaged in
preparing for the monthly settlement on Thursday
next. The rate for carrying over stock to the new
account will be about 3-16 per cent. Home rail-
ways and foreign bonds show no variation of
importance, the transactions being very limited.
Ranking and financial shares are dull.
The discount market is exceedingly quiet to-day,
with fewer bills offering. The rate, however, is
still 3i to 4 per cent. This being the 4th of the
month, a considerable amount of paper has just
arrived at maturity, but nearly the whole of it
was provided for yesterday. The charge for short
loans in the Stock Exchange is 3 per cent.
Consols are now quoted 881 to A, ex div., both
for money and next Thursday's settlement, and
88 7-16 to 9-16, ex div., for the new account.
Russian scrip is in demand, and has advanced A
per cent., viz., 11 to i j prem. Turkish Bonds
of 1862 are also f better, and Greek 1. The other
speculative descriptions are unaltered. Turkish
Bonds of 1862 are quoted 57} to 581 ; ditto
1865, 32g to ti ; Greek, In to 141 ; Spanish
Passive, 20 to 1 ; ditto Certificates, 130 to A ;
Italian of 1861, 551 to ; Mexican, 183 to 19.
United States 5-20 Bonds and Illinois Central
Railway shares are without change, at 70A to A
and 76f to 77} respectively, but Erie have risen f
per cent., viz. to 46f to I.
Anglo-American Telegraph shares are quoted
114 f to 3, and. Atlantic Telegraph Eight per Cent.
Preference 3A to A, showing no variation.
International Financial shares are quoted 21
Ito dis. ; Loudon Financial, 171 to 1& die. ;
I General Credit, 2} to 21 die. ; Credit Foncier,
5A to . dia. ; National Discount, 9g to A prem. ;
and Hudson's Bay, 16g
No transactions have occurred at present in the
new bonds of the Lombardo-Venetian Railway.
HALT-PAM THREE O'CLOCK.
Consols show no change of importance, being
quoted 881 to A, ex div., both for money and next
Thursday's settlement, and 881 to A, ex div., for
the new account.
About 10,000/. in gold has been withdrawn from
the Bank for Alexandria.
At Paris this morning the Three per Cent.
Reutes opened at 69fr. 62c., being per cent.
lower.
The letters of allotment of the new Russian Loan
were distributed yesterday morning. It appears that
subscribers for large amounts have received in most
cases from one-fourth to one-sixth, and the Stock
Exchange on the average about one-sixth, while
applicants for such small amounts as 1,0001. to
2,00(1!. have obtained in many instances about one-
half of what they wrote for. It is said, however,
that to most of those who delayed applying until
the last day no portion of the loan has been as-
signed. No preliminary deposit having been re-
quired, Messrs. Baring doubtless considered them-
selves at liberty to exercise full discretion in the
distribution. The allotment, on the whole, seems
to have given satisfaction, more especially as a few
days ago telegrams from Amsterdam alluded to the
probability of an average distribution at the rate
of only one-tenth--a statement which caused at
the time repurchases by speculative sellers, and
an improvement in the price of the scrip.
The following with reference to the New Granada
debt was posted yesterday in the Stock Exchange:
—" Messrs. Baring Brothers and Co. have this
day received the following remittances :—From
Custom-house of Santa Marta, 9,468/. 7s.
ditto, Sabanilla, 1,073/. 6s. Bd. ditto, Carta-
gena, 350/. ; total, 10,891/. 14s. tid.—London,
Dec. 3, 1866."
The mail from Guayaquil has brought a remit-
tance of 1,363/. 17s. 11d., on account of the divi-
dends on the debt of Ecuador.
About 10,000 sovereigns, received from abroad,
were sent into the Bank yesterday.
The Palmyra, from New York, has brought
14,000/. in specie ; and the Syria, from Alexandria,
3,291/.
Messrs. George Little and Co., of Cullum-street,
who suspended payment on the 15th August last
having made arrangement& for time to pay their
creditors in full, have resumed their business as
West India merchants.
Messrs. Rothschild and Sons have just issued
the expected notification that they are authorised
to receive applications for a South Austrian, Lom-
bardo-Venetian, and Central Italian Railway loan
to the amount of 3,600,0001. of which one half is
redeemable in September, 1875, and the other half
in September, 1876. The object of the loan is to
enable the South Austrian, Lombardo-Venetian,
and Central Italian Railway Company to pay the
remaining balance due on the different state rail-
ways bought of the Italian government. The loan
is in bonds for 500 franca, or 20/. each, bearing
interest at the rate of 6 per cent. per annum, re-
deemable at par at the above dates. Including the
redemption at par the interest yielded is 9 per
cent. per annum, the issue prices being, for
the bonds redeemable on Ist September, 1875,
4121 r. 50c., or 161. Is. 6d. per bond; and for those
redeemable in September, 1876, 405 fr., or 15/.
15s. 6d. The list is to be open from the 3rd to
the Bth December, and the coupons will be due
half-yearly in Paris, London, Vienna, Amsterdam,
and Berlin, on the Ist March and the Ist September
of each year, and will be payable in London at the
exchange of 25.20.
In the Esprou of the 2nd November we gave
a paragraph relating to the improvement in the
affairs of the Egyptian Commercial and Trading
Company (Limited). In corroboration of the state-
-1
ments then made it is announced that a genera
meeting of the shareholders will take place on the
31st inst. to authorise a return to the shareholders
of the call of 31. per share made in May last. This
step--a very unusual one amongst public compa-
nies—is taken in consequence of the satisfactory
extent to which the liabilities of the company have
been extinguished.
Under direction of the Court of Chancery the
concession, tramway, and plant of the Dutch Tram-
way Company (Limited) are to be sold by auction
at the New Auction Mart, on the 12th inst.
The liquidators of the London, Italian, and
Adriatic Steam Navigation Company (Limited) in-
vite tenders, receivable until the 10th inst., for the
purchase of six steamers.
A call of 11. is to be paid on the shares of the
China Steamship and Labuan Coal Company
(Limited) by the 20th inst.
A general meeting of the shareholders
of the
London and River Plate Bank (Limited) is called
for the 20th inst., when a dividend and bonus are
to be declared.

MONDAT Evan:so.
Consols, which closed on Saturday at 881 to g, :
ex div., for next Thursday's settlement, opened
and closed to-day at the same quotation. Foil
money the last price was likewise 881 tog ea (by.
The official business report is as follows :—Three I
per Cent, Consols, for money, 881, g ; ditto, for i
account, 881, g ; Thrft per Cents. Reduced, 871,
I, 1 ; New Three per Cents., 871, 1 ; Annuities,
1885, 13 ; Bank Stock. 249; ; India Five per
Cent. Stock, 1031, 1; ditto Four per Cent. Certifi-
cates, 931 ; ditto Four per Cent. " enlace'" rupee
paper, 85 ; ditto Five per Cent. Debentures, 1021;
ditto Bonds, 255. prem.
The India Five per Cent. Stock, now quoted ex
dividend, was rather dull.
Exchequer Bills remain at ls. to ss. prem.