The Express.
London, England, 1867-09-05 00:00:00

THE BANK OF FRANCE.

(azurn's Tnioa&m.)

PARIS, Sen. 5.

The return of the Bank of France for the week
ending to-day shows the following changes as com-
pared with the previous account :

INciteAss.

Cash
Notes
Advances
Current accounts . .
Treasury balance . .
Dscar.s.a4
Bills discounted . .

2,400,000 , '

MONEY MARKET.-(THIS DAY.)

Ors o'Oupaz.

Business in the Stock Exchange to-day is very
inactive, and prices exhibit a slight decline in some
cases. The reduction, however, is unimportant,
the usual operators for a fall being deterred from
making sales by the absence of any fresh unfavour-
able feature, either political or commercial. A
confirmation of the news of the release of the Abys-
sinian captives will probably cause much animation
in the markets, but no important increase in
the transactions is expected until the expiration
of two or three weeks, when most of the dealers
will have returned from their holidays. Consols
have declined it per cent., and a few of the British
railway securities kto if. Foreign bonds, however,
continue in demand.

The demand for money to-day is moderate, and
the supply large. The rate for good bills is to 11
per cent. Short loans on English government se-
curities are obtainable in the Stock Exchange at 1
per cent.

Consols are quoted 941 to 1 for money and
the 10th instant, and 941 to for the new account
(October). The Three per Cents. Reduced and
New Three per Cents. are called 93 to I, ex div.
The railway market is inactive, and the prin-
cipal stocks are unchanged, with the exception of
a decline of Ito per cent. in Great \Veetern,
London and North Western, Midland, and
South Eastern stocks. Annexed are the prices
Metropolitan, 125 to 1, ex div. ; Great Western,
471 to 48 ; London and North Western, 1141 to
113, ex div ; Midland, 119/ to i, ex div. ; Lanca-
shire and Yorkshire, 127 to ex div. ; Caledo-
nian, 107} to 108} ; South Eastern, 69 to 1, ex
div. ; Great Eastern, 301 to 1; Great Northern,
1121 to 1131, ex div. ; ditto A, 117 to ex div. ;
London, Chatham, and Dover, 18 to ; North
British, 301 to 311 ; and Brighton, 51 to 1.
In the foreign stock market, Italian of 1861 and
Mexican have improved 1 per cent., viz., to
481 to 49 and 151 to respectively,
but Turkish of 1865 have declined 1,
the present price being 311 so 1. Turkish of 1862
are quoted 59 to 60; Greek, 14 to ; Spanish
Passive, 191 to 201 ; ditto, Certificates, 151 to
161 ; Chilian scrip, 1} to 1 dis. ; and Egyptian,
1844, 85 to 87.
Bank shares are unaltered. London and West-
minster are quoted 70 to 71 ; Union of London,
371 to 38 ; Imperial Ottoman, 1 to 0 dis. ; London
and County, 56 to 57 ; Chartered Mercantile of
India, 30 to 31 ; and Alliance, 121 to Ili dia.

Financial MIAMI show no movement. Inter-
national are called 21 to du. ; London, 23
to 21 dia. ; General Credit, 2} to n dii, ; and
Credit Foncier, 5 to dia.

United States 5.20 Bonds are 1 per cent. lower,
at 731 to 1, but Illinois Central Railway shares
show a rise of viz., to 771 to 78. Erie are
steady, at 45 to 1.

Anglo-American and Atlantic Telegraph Eight
per Cent. Preference shares are without change, at
16./ to 17, and 3} to respectively.
The half-yearly meeting of the Caledonian Rail-
way Company will be held on the 25th September,
when the shareholders will be asked :
let. To authorise the exercise of the powers to borrow
on mortgage conferred by the Caledonian Railway and
Forth and Clyde Navigation Companies Act, 1867.
2nd. To give distinctive titles to those portions of the
Preference Shares and Stock of the Scottish North-
Eastern Company which were crested before the passing of
the Caledonian and Scottish North-Eastern Railway Com-
panies Amalgamation Act, 1866, but had not been issued at
that data

3rd. To approve of an agreement between the Caledonian
Railway Company and the Solway Junction Railway
Company, and to authorise the company to subscribe •
cam not exceeding 60,0001. towards the undertaking
authorised by the Solway Junction Railway Act, is 67,
under the powers conferred by the 17th section of that
act

ELLF-PAIIT ONE O'CLOCK.

Consols have recovered to the last prices of yes-
terday, being quoted 941 to / for money and the
10th inst., and 94,1 to 95 for October.

HALF-PAST THREE O'CLOCK.

Consols are without alteration, at 941 to both
for money and the 10th inst., and 94k to 95 for
the new account (Oct.). .

About 19,0001:in gold has been sent into the
Bank.

At Paris this morning the Three per Cent. Pontes
opened at 69fr. 77c., showing no change.
The biddings for 27,00,000 re. in bills on India
were held yesterday at the Bank of England. The
minimum price was fixed at Is. 1111 d. on Calcutta
and Madras, and Is. 111 d. on Bombay. No ten-
ders at these prices were received. Ihe govern-
ment have probably been induced to fix the above
rates at a comparatively high point with a view to
discourage remittances to the East, and thus keep
their balances at Bombay as far as possible intact.
Although the coat of the Abyssinian expedition will
of course be eventually borne by the mother coun-
try, it will entail in the first instance a considerable
drain upon the Indian treasury. The preliminary
expenditure must already have been large, and
even if the expedition is found to be unnecessary,
many claims connected with the movement of
troops will remain to be settled.
The London and North-Western Railway traffic
return shows this week an increase of 2,1401. over
last year ; the Midland an increase of 4,6411. ; and
the North London an increase of 606/.
. .

Samples of new season's Moning tea, per steamer
Ajax, were placed on the market yesterday morn-
ing. The otters ranged from Is. Bd. to 2s. 4d.,
the latter price being paid for a small parcel of half
chests.
The half-yearly meeting of the British Gaslight
Company (Limited) will be held on the 25th inst.,
when a dividend will be declared.
With reference to the leather market, Messrs. T.,
J., and T. Powell report as follows, under date
September 3 :
The leather trade of the past month, although showing a
I decided improvement, has scarcely been marked by the
degree of activity that might have been expected in the
existing circumstances of the market. The small supplies
and advancing rates of foreign hides, with diminished
stocks of leather, accompanied by the fine weather for the
harvest, and extreme cheapness of money, have not stimu-
lated the market to any pat extent, almost the only ad-
vance that can be quoted itt prices being on English sole
leather. Although so little inguence has, however, at pre-
sent been felt, it may reasonably be anticipated that as
the causes above named are not of a temporary or uncertain
character, they will continue to add firmness and activity
to the market.
The subjoined report on the market for Ame-
rican securities is from the circular of Messrs. Sat-
terthwaite and Co. :
_ _

Business in American securities in London continues on
• restricted scale, but notwithstanding that transactions
Si. comparatively limited, market values are well sus•