The Express.
London, England, 1866-02-10 00:00:00

MONEY a.

lILBCArIe-(TRIS DAY•)

On oViess.
The stock markets are firmer to-day, owing
to the favourable tendency of the bullion move-
ment, combined with a diminished demand
for money in the Stock Exchange. The funds
have advanced g per oent. Amongst the foreign
bonds, the demand is chiefly for Mexican
and Greek, which have experienced an important
rise. Financial shares are also in request, espe-
cially London Financial and Imperial Mercantile,
which exhibit an improvement of ss. English
railways are steady. Grand Trunk of Canada
railway stock is again somewhat higher.
A large amount of Indian paper having arrived at
maturity to-day, the demand for money is rather
strong, and the general rate for choice bills is 8 per
cent., the Bank minimum. The charge for short
loans in the Stock Exchange is 7 to g per cent.

Consols are now quoted 861 to for money and
87} to I for the account (March 8).
The foreign stock market is decidedly firmer, and
prices generally tend upwards. Greek and Mexican
bonds are in strong demand, and have risen
and A per cent. respectively. Spanish Passive
and Certificates have also improved I to

The quotations are as follows :—Greek, 131 to 14 ;
Italian, 611 to 1 ; Mexican, 211 to 22 ; Spanish Pas-
sive, 26 to ; ditto Certificates, 14 to 1 ; Turkish,
1865, 381 to 1 ; Brazilian scrip, 1 to / pram. ;
Egyptian scrip, k to 1 prem.
American securities are quiet. 6-20 bonds are
now quoted 671 to ; Erie Railway shares 521 to
53 ; and Illinois Central, 741 to I.
International Financial shares are now quoted
Ito prem., ex div. ; General Credit, lit to
prem. ; London Financial, 31 to 3 die., ex div.;
Imperial Mercantile, 1 to 1 prem., ex div. ; Credit
Fonder and Mobilier, 3to prem. ; Overeni,
Gurney, and Company, 31 to 41 prem. ; and Joint
Stock Discount, 51 to b dis.

Twi;:o'CLocu.
Console are firm, at 881 to for money, and 871
for the account. _ _

At Paris to-day the Three per Cent. Rental
opened at 68.70, showing a decline of 1-16 to per
cent.

The Stock Exchange Committee yesterday ap-
pointed Thursday, the 15th inst., a spe:ial settling
day in the Ottoman Six per Cent. 1 aof 180,
which is to be officially marked.
- • •

The sum of 14,0001. in bar gold was sent into the
Bank yesterday, and further amounts are expected
to be taken thither. There is now no demand for
the Continent, owing to the cessation of purchases
of silver there on Eastern account. The cotton
season at Bofnbay concludes about the present
period, and the large amount of bullion which has
been sent from England and France during the last
few months seems to have proved sufficient for
present requirements. It is believed that the ex-
port of silver to India will be comparatively mode-
rate till August next, when large shipments will
probably be made in advance of the cotton season,
commencing about October. The silver market was
very fiat to-day, with no demand for the East, and
the quotation for bars has declined to ss. Ifd. per
ounce. There is no business in Mexican dollars,
and the price is nominal, at ss.
The foreign exchanges yesterday afternoon showed
again an upward tendency. The Austrian ex-
changes were not quite so buoyant as on Tuesday.
The usual lint is subjoined :
Amsterdam, 3 months, 12.2 to 1 ; ditto, 3 days, 11.171 to
184 ; Rotterdam, S moods, 12.2 to I • Antwerp. 3 months,
Z. 30 to 55 ; Hamburg, ma. baron, 3montbs, 13.10 to ;
Paris, 3 days, 25.15 to 221 ; ditto, 3 months, 15.50 to 55 ;
Trankfart-on4luirMaine 3 months, 121 to I ; Petersburg,
per rouble, 3 months, 295 to f ; Vienna, eff. do.. 3 menthe,
10.65 to 70 ; 'Trieste, ditto, 3 mouths, 10.65 to 70; Madrid,
3 months, 461 to I • eadis, 3 stestks, 47 to} • Lettuce,
3 months, 25.65 to' 70 ; Genoa. 3 months, 25.'65 to 70;
Milan, 3 steatite, 25.65 to 70 ; Naples. 3 months,
25.65 to 70 ; Palermo, .1 months, 25.65 to 70 : Messina,
3 mouths, 25.65 to 70 ; Lisbon, 90 days, 61} to 1; Oporto,
90 days, 511 to 1.
The weekly return of the Bank of France shows
the following changes:
Coin and bullion lesresse 8707,000
Bills dim:anted ...... Demon 632,000
Government deposits Demean 16,000
Notes is eireniatien DIMINO 1,232,000
Private deposits
Advances Demme 28.000
The French Bank has not issued so favourable a
return as this for some time past. The coin and
bullion have largely increased, while there is a
marked decline in the demand for discount and in
the note circulation, the latter movement being
promoted by the influx of private deposits. The
changes are, therefore, satisfactory under every
head.
The value of money remains higher in London
than in any of the markets of the Continent. At
Paris, Hamburg, Frankfort, and Brussels the rate
of discount in the open market is 41 per cent. ;
Turin, Amsterdam, and St. Petersburg, 6} ;
Vienna, 5 ; awl at Berlin, 7 per cent.
The amount of government bills on India for
which tenders will be received at the Bank of
England on the 21st inst. will be rupees 36.00,000
(350,0001.).
The tenders for 250,0001. of Queensland Govern-
ment Bix per Cent. Debentures were opener'. yester-
day at the Union Bank of Australia, when 150,0004
were sold at the bank's minimum price, viz.,
971. 15e. per cent. The remainder were withdrawn.
The Mont Cenis Railway Company (Limited)
has issued its prospec, inviting applications
for an issue of share capital of 250,0001. in
12,500 shares of 201. each. It has been known for
some time past that concessions have been obtained
from the French and Italian governments for con-
structing and working a locomotive railway over
the Mont Canis, pending the construction of the
Great Tunnel of the Alpe, which is one of
the most remarkable works of modern times.
Meanwhile this Mont Genie Railway will
connect the railways of France and Italy,
thus furnishing the only missing link of the rail-
way chain which extends from Calais to Brindisi,
on the Adriatic, the future route f our Indian
traffic. Trials ade on the mountain, and attested
by five commissions of engineers, have fully proved
the practicability and safety of working the pro-
posed railway over the Mont COWL The cost is
estimated at 375,0001., or 8,0001. per mile, including
rolling stock, payment of, interest at 7 per cent.
during oonstruction, and preliminary expenses, and
large profiteers anticipated in the prospectus. A
portion of the capital is to be raised on bonds. The
direction is influential.
The third annual meeting of the Finance Com-
pany (Limited) was held at the Lon
don Coffee-
of
house yesterday ; Lord re
house the irman
the company, in the chair. The report was
adopted, and a dividend at the rate of 74 per cent.
declared.
The directors of the Millwall Freehold Land and
Docks Company have yesterday made a third call of
21. 10s. per share, payable by the 6th of March.
With reference to the Egyptian Government
Loan of 1862, first and second issue, the coupons
I due on the Ist March, and the bonds drawn for re-
! demption, will be paid at the office of Messrs.
Frublrsdag in and Goschen on any Monday, Tuseday,
IThuy, or Friday, on and after that date.

$

portant extent. Italian of 1861, Spanish Passive
and Oettificotes, Turkish of 1868, 1862, and 1866,
Brazilian scrip, Egyptian sorip, and Greek sandal
to per cent. On the other band, Buenos
Ayres D•ferred improved 1, and Mexican of 1866
I met with inquiry.

MlNbb.--(Tlila DAY.)

Ors

In the mining market to-day there is a deniaal
for North Treskerby, East Caradon, Great Vor,
Great Lazey and Hollybneh Colliery shares, at
firm quotations. Some of the present prices are as
follows : North Treskerby, 3f to g ; Bast
°endow, 6i to 7 ; Great Vor, 30 to 31; West
Caradon, 94 to loi ; Great Nor; Lezey, 325. 6d.
to 35e. ; Wheal Grenville, 3# to f ; and Hollybusk
Colliery, par to 4 prem.
Chontales Gold shares are quoted 31 to i prem. ;
and Frontino asd Bolivia, 275. 6d. to 30s. per.
The subjoined weekly report on the metal motet
is from the circular of Messrs. Von Dadelszen and
North : .
The metal market continues very dull, sad, with the ex-
eeption of copper, shows a doweward tendency. boa r The
demand for Welsh sod Staffordshire iron cashews sleek.
and prime are rather easier. Motels pig iron, ander the
inflame* of eatamin• bayisg. leasedvaseed to 68s. 6d. task
wet 60s. 6d. three ramtbs. Copper : The market ie firmer,
and rice' have ooreembat improved, and baldness has bees
done is Eogliah it fall tease. Tvermastioss ham taken
plies in Heriecla at lOU. ; Dom. 1001. ; Waltman.
001. 10s. and 1001. /Is : In esesamaenos of lower quota-
times from Honsed sad sake premed here the orlos et
Stoats has farther deelised to 81:4. Ilk. cash, and Bata to
SW. The Dutch market is fiat at W. Tin plates we
without slteratioe, but my Inn. Lead is tesat2 in
buyer's favour. Spelaft : No Imminent eeported. TM
market is dull, with sellers at 23/ 154., Myers to a limits&
extent at TX. Special Utah in outposts, 231. Is.