The Express.
London, England, 1867-11-08 00:00:00

MONEY MARKET.-(THIS DAY.)

On *lom .
The stock markets are rather dull to-day, and the
changes in prices, though not numerous, are nearly
all in an adverse direction. The absence of any
purchases of imFoitanos on accouht of
the public tends to cause weakness, and
encourages sales for a fall by speculators.
This remark applies especially to railway
securities, which have experienced a fresh reduc-
tion. There is an evident disposition to sell the
stocks of some of the higher-priced provincial lines,
under the impression that lower quotations will be
current during the next few weeks. Consols are
unchanged, but a few of the foreign bonds exhibit
a slight improvement. Royal Mail Steam shares
have again given way.

The demand for money to-day has somewhat
increased, and there is less desire to take the best
three months bills at lg per cent., the more general
rate being

Consols are quoted 94 to for money, with
div., and ink to 93, ex div., for the account
(December 5). The Three per Cents. Reduced and
New Three per Cents. are called 921 to 93.

The railway market is dull, but the reduction
in prices does not exceed Ito 1 per cent. Metro-
politan stock is quoted 120 i to ; Great
Western, 451 to 46 ; London and North Western,
113 k to I; Midland, 1171 to ; Lancashire and
Yorkshire, 1231 to 124 ; Caledonian, 85 to 3 ;
South Eastern, 65ff to 1 ; Great Eastern, 3113
to 1 ; Great Northern, 1071 to 1081 ; ditto
A, 111 to ; London, Chatham, and Dover,
1711 to § ; North British, 33 to ; and Brighton,
521 to 53.

Turkish Bonds of 1865 and Italian of 1561 are
in request, and hare advanced / to 4 per cent.,
viz., to 311 to 321 and 45/ to j respectively.
Egyptian of 1864 are also inquired for, at 85 to
86. Turkish of 1862 are at 62 to 63 ; Greek, 121
to 4 ; Spanish Passive, 19/ to ; ditto Certifi-
cates, 17/ to 4 ; Chilian scrip, 4 dis. to par ; and
Mexican, 141 to 15!.

United States 5-29 Bonds are without altera-
tion at 701 to 71, but Erie and Illinois Central
Railway shares have improved per cent., viz.,
to 474 and 82 to 4, respectively.
Atlantic Cable shares are slightly lower. Anglo-
American are quoted 174 to 1 ; and Atlantic Tele-
graph Eight per Cent. Preference, 3 7-16 to 9-16.
Very few dealings have been recorded in bank
shares. Alliance are flat, and have declined 10s.,
the present price being 12 to 11 dis. London and
Westminster are at 714 to 724 ; Union of London,
37 to 38 ; Imperial Ottoman, 11 to 1 dis. ; Char-
tered Mercantile of India, 264 to 274; and London
and County, 53 to 54.

Financial shares are inactive, at the following
prices :—lriternational Financial, 21 to 21 die. ;
London, 24 to 23 die. ; General Credit, 21 to 2
; and Credit Fonder, 6g to dim.
The shares of the Rapti Mail Steampacket
Company are heavy, and have experienced a fresh
fall of 3L—viz., to 62 to 64.

The Council of India will receive tenders on the
20th inst. for bills on Calcutta and Madras to the
amount of 100,0001.

A petition for the winding up of the Enamel
Porcelain Company (Limited) is to be heard before
the Master of the Rolla on the 16th inst.

About 110,0001. in bar gold was withdrawn from
the Bank yesterday for the Continent, in addition
to 15,000 sovereigns for Egypt.
The news received of the terrible hurricane at
St. Thomas, and the wreck of four steamers be-
longing to the Royal Mail Steam Packet Company,
is a leading topic of conversation. The shares
of that company were pressed for sale yesterday
in the Stock Exchange, and experienced a full
of fully 101., the last price being 64 to 68.
This reduction upon the 15,000 shares in
the concern represents a total of 150,000/. The
company, as is well known, insure their own ves-
sels, and their insurance fund was stated in the
report presented atthe recent meeting of the share-
holders at about 200,0001. The Rhone, just
wrecked, which traded between Southampton and
the West Indies, and registered 2,738 tons gross,
with 500 horse-power, was a comparatively new
steamer, having been built only about 18 months
ago, and was fitted with all the latest improve-
ments. Her cost was about 90,0001., but it is
stated that she stands at a smaller sum in the
books of the company, who adopt the system of
writing off every half-year a certain sum for de-
preciation. The other vessels wrecked or on shore,
the Wye, Conway, and Derwent, were
much smaller and older steamers, and were em-
ployed between the various intercolonial ports
included in the West Indian and Mexican mail
service. As regards the fifty merchant ships which
are announced to be on shore, the loss will fall
heavily upon the marine insurance companies and
the underwriters at Lloyds' and elsewhere.
Tha Great Western Railway traffic return shows
this week an increase of 2,773/. over the corres-
ponding period of last year ; the Great Eastern
a decrease of 2,0931.; the London and South
Western, an increase of 2711. : the London, Chat-
ham, and Dover, including the Metropolitan Ex-
tension and branches, an increase of 1,239/.; the
Metropolitan Extension separately, an increase of
4061. ; the North Eastern, an increase of 5,005/. ;
the Lancashire and Yorkshire, an increase of
1,0021. ; the Manchester, Sheffield, and Lincoln-
shire, an increase of 3401. ; and the North British,
an increase of 8581.

A general meeting of the Madras Irrigation and
Canal Company is' called for the 28th inst., and of
the East India Irrigation and Canal Company fur
the 30th.

The holders of class A, or preference shares in
the East Indian Iron Company are required to pay
a call of 3s. per share by the 20th inst.
The mails from Calcutta, China, and Australia
have reached Suez, and are expected to be distri-
buted in London about the end of next week. The
dates are :—Calcutta, Oct. 10 ; Shanghae, Sept.
21 ; Hong Kong, Sept. 27 ; Melbourne, Sept. 28 ;
and Sydney, Sept. 24.
Annexed is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales :
At the twenty-drat series of hide sales for the year
there was a good demand for the kips salted hides were
in only moderate request. East India.—Ox and cow.—
Calcutta were in good demand, nearly the whole of the
quantity offered being sold at fully late rates. For one or
two small parcels of Dacca slaughtered hides there was
much competition, and slightly advanced prices were paid.
Gopaulpore, &c., sold at lower rates. Of 87,800 hides
offered, 84,290 were loth East India.—Buffalo brought
fair prices. Leather.--Earl Indian brought an advance of
Ad. to Ad. per lb. Australian sold well. Salted bides.
Australian.—For the portion sold, late wee, to a decline
of Ad. per lb., were obtained. Cape were only part sold,
and that at a decline of Id. per lb. Heavy were mostly
bought in. South American were all bought in except a
few damaged hides. Lisbon and Gibraltar were only part
sold at rather easier prices. Dry and &yolked hides.-
Guatemala brought fair prices for the quality. Zanzibar,
which have not been upon the market for some time, were
in good request, and realized high prices. Mogadore part
sold. Horse hides.—South American brought fair prices.
Russian only part sold. Bark.—Mimosa was in better
request at an advance of ss. to 15e. per ton.
The following is the official return of the cheques
and bills cleared in the Bankers' Clearing-house
for the week ending Wednesday, Nov. ti. Evidence
that trade is slack is afforded by the smallness of
the amount of bills that fell due on the 4th, yet
the total of the week is a little above last week's.
Return of Paid Clearing for the week ending Nov. G.
Thursday, Oct. :11
Friday, Nov. 1 8,526,000
Saturday, Nov. 2
Monday, Nov. 4
Tuesday, Nov. 5
Wednesday, Nov. 6

09,489,000
Juror C. Pocoeu, Deputy Impostor.
Bankers' Clwriog•booeo, No►. 7.