The Express.
London, England, 1867-10-26 00:00:00

MONEY MARKET.-(THIS DAY.)

thrs o'CLucrs.

1 The stock markets opened flatly this morning,
and prices subsequently experienced a decided
fall, upon the announcement in the 3forf i-
teur that the Emperor of the French has re-
voked the order recently given suspending
the embarkation of troops for Rome. Consols
were pressed for sale at 94, showing a reduction of
per cent., and Italian Bonds of 1861 at 43/, being
11 lower. The tendency generally is now slightly
better, but all the leading securities exhibit a
severe decline compared with the last prices of
yesterday. Caledonian stock is 11 per cent. worse.
The demand for money is moderate, and the
supply very large. The rate for good bills is lg per
cent., with exceptional transactions at 11. Loans
for a few days on English government securities
are offered in the Stock Exchange at 1 per cent.
Consols are quoted 94 to 1 both for money and
the account (Nov. 7), and the Three per Cents.
Reduced and Now Three per Cents., 921 to 1.
Railway stocks are heavy, and have nearly all
given way. Caledonian and Great Northern A
have declined 1 to 11 per cent., the present quo-
tations being 911 to 921, and 114} to 1, respectively.
The reduction in the other lines ranged from to
per cent. Metropolitan is quoted 1221 to 1 ;
Great Western, 462 to 1 ; London and North
Western, 1131 to 1 ; Midland, 1172 to 1 ; Lanca-
shire and Yorkshire, 1261 to 1 ; South Eastern,
661 to 671 ; Great Eastern, 32 to I ; Great
Northern, losi to 1091 ; London, Chatham, and
Dover, lin to ; North British, 33 to 1 ; and
Brighton, 521 to 531.

Foreign stocks show depression. Italian Bonds
of 1861 were freely offered this morning, and
,although now rather better, are 11 per cent.
'lower than yesterday, at 431 to 1.
Turkish of 1865 have declined I—viz.:
to 311 to 1; and Spanish Passive, 1, to 181 to 191 •
Turkish of 1862 are at 63 to 64; Greek, 121
to 1 ; Spanish Certificates, 161 to 1; Chilian
Scrip, 1 dis. to par ; Egyptian, 1864, 82 to 83 ;
and Mexican, 15 to I.

American securities have declined I to I per
cent. The 5-20 Bonds are at 681 to 69k ; Erie
Railway shares, 451 to I ; and Illinois Central,
783 to I.

Anglo-American Telegraph shares have improved
2s. 6d., viz., to l7i to ; and Atlantic Telegraph
Eight per Cent. Preference are firm at 3} to
Financial shares are dull, but prices show no
change of importance. International Financial
are at 2e to 21 dis. ; London, 24 to 22 dis. ; General
Credit, nton dia. ; and Credit Foncier, 6} to 6i
die.

Bank shares are steady, notwithstanding the
depression observable in other securities.

Two o'CLocK.

Consols are it per cent. better than at 1 o'clock,
the present quotation being 94i to 1, both for
money and the account.

The half-monthly settlement in shares and
foreign stocks will begin on Monday (" continua-
tion day") and end on Wednesday.
The following relates to the New Granada debt :
Namara Baring Brothers and Co. have this day received
a remittance of 1,3761.4 a. Ad. from the Custom-house at
Sabanilla, for amount of New Granada dividend.—Oct. 25,
1567.

Only 2,0001. in gold, consisting of American
eagles, was withdrawn from the Bank yesterday for
exportation.
It is thought that the steamer Atrato, from the
West Indies, which is expected to reach Southamp-
ton on the 28th or 29th inst., will bring upwards
of 800,0001. in specie and bullion, including
600,0001. from Mexico.
Australian advice. announce the shipment of a
further sum of 320,000!. in gold to England,
making the total on the way, including the sum
previously referred to, 882,000/.
The Masailia, from Alexandria, has brought
3,700/. in specie.
The foreign exchanges yesterday afternoon were
generally firm ; though, with the diminution of
for
distrust, slightly lower rates prevailed
for bills on Austria and Italy. Three months
drafts on Holland were quoted rather better for
this country. The list is subjoined :

Amsterdam, 3 months, 12.01 to 12.4:4 • ditto, short,
11.181 to 11.191 ; Rotterdam, 3 months, 12.01 to 12.01 ;
Antwerp, 3 months, 25.35 to 25.40; Brussels, 3 months,
25.35 to 25.40 ; Hamburg and Altona, 3 months, 13.10 to
13.101 ; Berlin, Cologne, Ito. 3 months 6.26 i to 6.271;
St. Petersburg, 3 months, 3ito 311 ; Paris, short, 25.121
to 25.221; ditto, 3 months, 23.30 to 25.37 ; Marseilles,
3 months, 25.30 to 25.371 ; Frankfort-on-the-Maine,
3 mouths, 120/ to 1201 ; irienna, 3 months. 12.67 to
12.70 • Trieste, S months, 12.67 to 12.70 ; Madrid, 3
monthl,4Bl to 48 Santander 3 months, 481 to 48!t ;Cadiz,
3 months, 491 to 49 ; Seville 3 months, 491 to 49 ; Malaga,
3 months, 481 to 481 ; Valet:cis, 3 months, 484 to 484 ; Bar-
eelona, 3 months, 48 to 48f ; Bilbao, 3 months, 48j to
481 ; Saragossa, 3 months, 484 to 484 ; Leghorn, 3
months, 28.20 to 28.30 ; Genoa, 3 months, 28.20 to
28.30 ; Naples, S months, 28.20 to 28.30 ; Palermo, 3
months, 28.20 to 28.30 ; Messina, 3 months 28.20 to
28.30 ; Lisbon, 90 days' date, 511 to 511 ; Oporto, 90 days'
date, 511 to 511.
_ • ' • •

Ai Pixie rho rate of discount in the open market
is 1 per cent. ; at Brussels, 2 ; at Frankfort, 2A ;
at Hamburg, 21 ; at Amsterdam and Berlin, 3;
at Vienna, 4 ; at Turin, 5 ; and at St. Petersburg,
8 per cent.
Advices from Liverpool continue to advert to
the unfavourable impression that has been pro-
duced there by the discovery of the ruinous extent
to which, in flagrant defiance of the dictates of
cautiousbanking, the fundsof the failed Royal Bank
are found to have been advanced in heavy amounts
to a few customers. It is said that no leas than
280,0001. has been advanced to one firm, 120,000/.
to another, and 80,000/. to • third. It is justly
complained that a system under which favoured
firma have been enabled to obtain possession of
such enormous sums must be utterly inimical to
fair mercantile competition.
Messrs. Vivanti, Annett, and Balfour, in the
silk trade, have stopped payment, owing, it is
stated, to speculations upon the Stock Exchange.
Their liabilities represent a large total, but the
exact amount has not transpired. The house,
which has occupied a respectable position, has been
established about four years, and its transactions
have been chiefly in Italian silk. Messrs. Honey
and Humphrys, the accountants, have the boas
in hand for investigation.
The Peninsular and Oriental Steam Company
have issued a circular announcing that, it being
probable that the Bengal will not reach Suez
before the 7th November, they have arranged,
with the sanction of the Postmaster-General, to
defer the departure of the Ripon from Marseilles
from the 28th, to Thursday, the 31st inst., at 7 cm.
The mails for Calcutta, Madras' China, and
Australia will, therefore, be despatched from Lon-
don on the evening of Tuesday, the 29th instant,
instead of this (Saturday) evening.
The Caledonian Railway traffic return shows this
week an increase of 7071. over last year.
A meeting of the shareholders in the Standard
Bank of British South Africa was held yesterday,
when a dividend of 10a. per share on the shares
with 251. paid, and of 44. on those with 101. paid,
was declared.
The directors of the Rio de Janeiro City Improve-
ments Company (Limited) have declared a dividend
at the rate of 7 per cent. per annum, in respect of
revenue for the half-year ended the 30th June last.
The half-yearly meeting of the Madras Railway
Company will be held on the 15th of November,
when it will be proposed to create new capital.

- -
Annexed are the quotations of insurance, gag,
dock, waterworks, and canal shares, as given in
the Stock Exchange list of last evening :
Insurance—Commercial Union, 41; London end Pro-
vincial Marine, lj ; Oman Marine, 20, ; Ph.enix, tor.
106 j ; Thames and Mersey Marine (Limited), 5 9-16 ;
Union Marine, Liverpool (Limited), Sj ; Universal Marine
(Limited), 4, n.