The Express.
London, England, 1866-01-06 00:00:00

110147E1' MARERT.---(THIS DA 14

Os e osOwos.

The transactions in stocks and shares to-day are
limited, but the tendency of prices continues rather
favourable, consequent upon the easier state of
the money market. Consols are unchanged
both for money and the account, but a slight rise
has occurred in some foreign bonds and English
railway stocks. Banking and financial shares
remain dull, ani. Loudon Financial show a further
fractional decline.

In the discount market to-day there is a large
increase in the supply of money seeking
employment, while the amount of bills
on offer is limited. A disposition is therefore
shown in some quarters to take the best
paper at a fraction below the Bank minimum-8
per cent. The rate for short loans in the Stock
Exchange is 4 per cent.

Consols are now quoted 86i to Bi, ex div., both
for money and for the account (Jan. 9).
There is little business in the foreign stock market,
but an improvement of / per cent. has occurred in
Turkish of 1865, Brazilian scrip, and Mexican.
Spanish Passive Bonds, however, have declined 1.
Some of the present quotations are subjoined,
viz.:—Greek, 141 to 15 ; Turkish Five per Cents.
of 1865, 41i to a ; Spanish Passive, 26a to / ;
ditto Certificates, 14 to ; Confederate, 6to 8 ;
Brazilian scrip, ) to / prem. ; and Mexican, 221
to I, ex div.

United States 5-20 Bonds are in demand and
have improved per cent., the present quotation
being 641 to I. Erie Railway shares are steady at
561 to 1, and Illinois, 76} to 771.
International Financial shares are now quoted
13-16 to 15-16 prem. ; General Credit, 11 to 2
prem. ; London Financial, 31 to 4 prem. ; Impe-
rial Mercantile, 21 to prem. ; Credit Fonciet
and Mobilier of England, 3} to prem.,
ex all; Overend, Gurney, and Company, 6/ to g
prem.

The shares of Charles Lafitte and Co. are
quoted 2} to 3 prem. ; English and American Bank,
i to Ii prem. ; and London Steam Towing, 1} to 2
prem.

Tw•o o'Cwt'K.

Consols are firmer, at 87/ to , ex div., both
for money and the present account (January 9).
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentes opened at
68fr. 27c., being sc. lower thin yesterday.
No transactions appear to have taken place in the
scrip of the New Argentine Loan.
There were no bullion transactions at the Bank
yesterday.
The foreign exchanges yesterday afternoon have
moved in favour of this country, especially as re-
gards the rates ou Paris and Italy. This is due,
of course, to the rise in the value of money
here. The improvement, however, is as yet to only
a moderate extent. Yesterday afternoon's rates
were as follows :

Amsterdam, 3 months, 12.2 to 4 ; ditto, 3 days, 11.16
to 4 ; Rotterdam. 3 months, 12.2 to 4 ; Antwerp, 3
months, 25.50 to 55 ; Hainburr. ma haneo, 3 months,
13.94 to 10 ; Para, 3 days 25.174 to 25 ; ditto, 3 months,
26.50 to 60 ; Frankfort-ce:.the-Maine, 3 months, 1204 to
; Petersburg, per rouble, 3 months, 294 to 30 ; Vienne,
eff. flo., 3 mouths, 10.90 to 95 ; Trieste, ditto, 3 months,
10.90 to 95 ; Madrid, 3 months. 464 to 4 ; Cadiz, 3
months, 474 to 4. Leghorn, 3 months, 25.70 to 71; Genoa,
3 months, 25.70 to 75 ; Milan. 3 months, 25.70 to 75 •
Nankin, 3 months, 25.70 to 75• Piterme, 3 months,
25.70 to 75 ; MieliDS. 3 month's, 25.70 to 75; Lisbon,
90days, 514 to 4 ; Oporto, 90 days, tl4 to 4.
The weekly return of the Bank of France shows
the following changes

Coin and bullion - Decrease £1,000,000
Bills discounted
Government deposits Decrease 2,040.000
Notes in circulation lncrease 2,800,000
Private deposits
Advances

The decrease in the bullion and increase in the
discounts are important, but, as they arise chiefly
from government and other payments usual at the
turn of the year, it is probable that the French
bank would not have made ai.y alteration whatever
in its rate of discount bad it not been for the rapid
movements by the Bank of England.
The Bank of Amsterdam has raised its rate of
discount from 6 to 6} per cent.
At Paris the rate of discount in the open market
is now 41 per cent. ; Vienna, ; Hamburg, t
Turin, 61i ; Frankfort, 5# ; Amsterdam, 6i ;
Berlin, 7 ; Brussels, 5 ; and St. Petersburg, iii per
cent.
The Atlantic and Great Western Railway Com-
pany have announced the proposed payment on the
15th inst., the day on which it becomes due, of the
first coupon on the consolidated bonds just issued.
The usual delay of two days for examination is
waived, and the coupon will, therefore, be paid on
presentation, this being, we believe, the first
instance of the kind on record.
The fifth ordinary general meeting of the Joint
Stock Discount Company will be held on Wednes-
day, the 30th inst., when a dividend will be
declared.
The ordinary general meeting of the London and
St. Katharine Dock Company will be held on
Friday, the 26th instant, when a dividend will be
declared.
A half-yearly dividend on the paid-up capital of
the South Australian Banking Company to the
30th December, at the rate of 10 per cent. per
annum (clear of income-tax), will be paid un the
15th instant.
The Bank of Otago (Limited), has declared an
interim dividend, free of income tax, at the rate of
6 per cent, per annum for the six months ending
30th September la-t, on 81. per share, being the
amount of capital called up to the 30th June last.
We learn that Mr. Samuel Laing, M.P., having
been obliged from ill-health to retire as much as
possible from his business engagements, has
resigned the chairmanship of the Land Mortgage
Bank of India ; and at a meeting of the directors
held yesterday, Mr. Henry Nelson, of the firm of
I Crawford, Colvin, and Co., has been elected chair-
' man, and Mr. Peter Northall Laurie, the governor
of the Union Bank of London, deputy chairman of
the bank.
At an adjourned meeting of the Petroleum
Company of Western Virginia, held yesterday, the
resolutions submitted by the directors at the
former meeting, for a voluntary winding-up of the
undertaking, were unanimously passed. Under this
arrangement, the vendor is to pay all expenses,
land the shareholders in full, with interest at the
rate of five per cent. per annum ou the re-transfer
to him of the property.
Interest at the rate of six percent. per annum on
the amount paid up on deposit, allotment, and
first call, calculated to the 31st December last, will
be paid by the contractors of the Dublin Trunk
Connecting Railway Company on the 15th inst.
It is notified that no applicati Ins for the deben-
tures of the San Paolo (Brazilian) Railway Com-
pany will be received after this day.
The annual sinking fund of 10,0001. sterling, for
the redemption of the Montevidean European Six
per Cent. Loan, was applied yesterday in the pur-
chase of 16,0001. Bonds, which will be cancelled by
the agents of the loan, Messrs. Maul, M‘Gregor,
and Co., and deposited at the Bank of England.
A circular has been issued by Messrs. J. J.
Ronaldson and Son, of Mincing-lane, which states
as follows :
W. beg leave to Worm you that Mr. J. J. Rosaldeos re-
tired from our house on the 30th ult., sod that the bestows
will io future be carried on by our Mr. Charlie Rooeldsoa,
is partaership with his brother, Kr. FA ward Roo.lcloos.
who will disehanre our eerseements sad receive all out-
standing debts. The mime of the firm resales the sum