The Express.
London, England, 1867-05-20 00:00:00

MONEY MARKET.-(THIS DAY.)

Ors o'o3oaa.

The amount of business in the Stock Exchange to-
day is large, and the tendency of the various markets
is decidedly buoyant. The state of political affairs
is considered very satisfactory, while the knowledge
that upwards of one million and shelf sterling in
gold is on the way from New York and Australia,
the bulk of which is expected to be retained
here, has led to the anticipation that the
course of the money market during the next
few months will be favourable. The transac-
tions consist almost entirely of purchases,
and include numerous bond fide investments,
tempted by the low quotations now current for
many securities, and the difficulty of employing
money in other quarters. The funds are
in active request, and have experienced
a fresh rise of to it per cent.
British railway stocks have been largely bought
by recent speculators for lower prices, and show a
further important advance. Metropolitan, Mid-
land, South Eastern, Great Northern A, and
London, Brighton, and South Coast are in especial
request. The demand extends to some of the
foreign bonds and Atlantic Cable shares.
The discount market is quiet to-day, with a large
amount of money seeking employment, and few
bills offering. The rate for choice paper is 2.1 per
cent. Loans for a few days on English govern-
ment securities are offered in the Stock Exchange
at 2 per cent.

Commis are now quoted 92i to 93, with div.,
for money, and 91i, or 91 7-16 to • 9-16, ex
div., for the account (Juno 6) ; and the Three
per Cents. Reduced and New
_Three per Cents.,
9O to 91.

The Indian Five per Cent. stock remains firm,
at 112 i to I.

Italian of 1861 and Mexican bonds are inquired
for, and have risen I per cent. Some of the less
speculative foreign stocks are also better, but
Turkish of 1865 and Spanish Passive have declined
1 to f ; Turkish Bonds of 1865 are quoted 311 to
R ; Greek, 141 to I ; Spanish Passive, 221 to I ;
ditto Certificates, 14f to 15; Italian of 1861, 51f so
3; Mexican, 171 to f.

- United States 5-26 bonds show no variation at
721 to I, but Erie and Illinois Central Railway
shares have improved } per cent., viz. to 42} to j,
and 761 to f respectively.

Anglo-American and Atlantic Telegraph Eight
per Cent. Preference share* are in request, and
have advanced ss. to 7s. Gd. ; the former are
quoted 171 to 18, ani the latter, 4i to it.
. _

Financial and miscellaneous shares meet with
inquiry. International Financial are quoted 21
to f dis.; London Financial, 23 to 21 dis. ; General
Credit, 21 to 2 dis. ; Credit Foncier, 61 to 6
clis. ; National Discount, 71 to prem.; and
Hudson's Bay, 16} to 1.

There is an increased demand for bank shares,
and prices are firm. Imperial Ottoman are quoted
1 to 01 dia. ; Union of London, 39 to 40 ; and
Alliance, 10i to 10 dis.

An extraordinary meeting of the West London
Wharves and Warehouses Company (Limited) is
called for the 4th of June, when a resolution will
be proposed for winding up the undertaking
voluntarily.

An extraordinary meeting of the Hammersmith
and City Railway Company will be held on the 4th
of June, "to consider, and, if approved, to sanc-
tion, the necessary deed for finally completing the
transfer of the Hammersmith and City Railway to
the Great Western and Metropolitan Railway Com-
panies."
A special meeting of the Wensum Valley Rail-
way Company is convened for the 27th inst„ when
a bill for authorising the abandonment of the
making of this line will be submitted for approval
or otherwise.

HALF-PART THREI O'CLOCK.

The stock markets are exceedingly buoyant, and
prices are again higher in many cases. The de-
mand extends to banking and financial skarv,s,
which have been so long neglected. Console are
now quoted 92; to 93, with div., for money, and
91} to $, ex div., for the account, showing a fresh
rime of a per cent. in the latter instance.
About 58,0001. in gold has been sent into the
Bank.

At Paris this morning the Three per Cent. Rentes
opened at 69.80, showing no change.

The City Chamberlain is inviting applications for
City Bonds to the amount of 265,0001., being part
of the sum of 350,000/. authorised to be raised
under the act of the present session for the com-
pletion of the now bridge at Blackfriars and the
purchase, &c., of Southwark-bridge. These bonds
have twelve years to run, and bear interest at the
rate of 4i per cent. per annum, payable half-yearly
by coupons at the Bank of England. They are
for sums of 1,0001., 5001., and 1001. each, and are
to be issued at par. Applications, accompanied
by payment in full or by a deposit of 10 per cent.,
are to be registered in the order in which they are
received. The special security is the Bridge-house
estates, and, failing these, the general revenues of
the corporation.
We are requested to state that the half-yearly
general meeting of the shareholders in the Otto-
man Railway Company, adjourned to Tuesday (to-
morrow) at 2 o'clock, will be held at the Albion
Tavern, 153, Aldersgate-street, instead of at the
London Tavern.

Creditors of the Ramsgate Victoria Hotel Com-
pany (Limited) are required to send the particulars
of their claims to Mr. S. Lovelock, of Coleman-
street, the official liquidator, by the 17th of June,
the 27th of that month having been appointed for
adjudicating upon them.
The particulars are published of a number of
bonds, representing 68,4001., of the Turkish
Guaranteed Loan of 1865, which have been drawn,
and will be payable at the Bank of England on
the lit August.
The ship Strongbow, from Calcutta for Liver-
pool, with a valuable cargo of cotton, jute, seed,
ttc., his now been at sea about six months, and
will soon be considered a lost ship. About three
weeks ago as much as 80 guineas premium were
paid at Lloyd's to effect fresh insurances upon this
vessel, but the underwriters now refuse to enter
into further transactions.

SATURDAY Evzernta._

Consols, which closed yesterciiiai96lt;k,
ex div., for the 6th of June, opened this morning
at 91 to a, and closed at 91*, " buyers." For
money the last price was 9271 to a, with div.
The Three per Cents. Reduced and New Three per
Cents. were quoted at 1 o'clock 90/ to 1. The
official business report is as follows :—Three
per Cent. Consols, for money, 924, a, a, ; ditto,
for account, 91, I, ex div. ; Three per Cents. Re-
duced, 90f, ; New Three per Cents., 90i, ;
Bank Stock, 251 ; India Five per Cent. Stock,
112 a, f, b ; ditto Five per Cent.," enlaced" rupee
paper, 103.

At the Royal Institution, last Friday evening,
Professor Odling delivered a lecture " On the absorption
of gases by metals," founded on the recent reseasehes of
Kr. Graham.

• MIL. GARRISON AND MR. GLORAZ TROMPSOIv.
Mr. William Lloyd Garrison, the distinguished leader of
the American anti•slavery party, and Mr. George Thomp.
nos arrived at Liverpool, in the Cuba, on Saturday last.
Mr. Garrison? who intends to make • stay of several
months in this country and on the continent, left for Paris
this morning, where a portion of his family await his ar-
rivld. On Friday, at the unanimous request of the ims.
sellers on bowl the Cuba, who included gentlemen from
various parts of the Southern States, Mr. Thompson deli-
vered an address, which was must enthusiastically received.