The Express.
London, England, 1867-11-06 00:00:00

MONEY MARKET.-(THIS D 47.)

One o'Clwar..

In consequence of the very favourable tenor of
the news from Italy, the markets for public securi-
ties are generally firmer to-day. The business is i
chiefly speculative, and consists almost entnely
of purchases to cover recent sales for a fall. Con-
sols, in which preparations for the monthly settle-
menton Thursday are in progress, have advanced !to
per cent. Italian Bonds of 1861 are in active re-
quest, and have risen 1 percent. in response to a simi-
iarmovement onthe Pariaboutse. Someof the,'ther
foreign bonds are likewise higher, as well as near'y
all the principal railway stocks. Should further
satisfactory advices be received from the continent
during the next day or two, a further recovery may
be expected, owing to the extent of the recent
speculative sales.
The discount market is quiet to-day, with few
transactions, but the charge for the best bills is
not below 1l per cent. In the Stock Exchange
there is no difficulty in obtaining loans for a few
days on English government securities at 1 to lit
per cent.

Consols are quoted 941 to 4 both for money and
to-morrow's settlement, and 94# to 1 for the new
account (6th Dec.). The Three per Cents. Reduced 1
and New Three per Cents. have risen 4 per
cent., viz., to 92/ to 93.
The railway market is decidedly firm, and nearly
all the leading lines are better. Caledonian stock
has improved 1 per cent. ; Great Western, London
and North-Western, and Midland, to 1 ; and the
other descriptions, Ito 4. Annexed are the quo-
tations :—Metropolitan, 1211 to @ ; Great
Western, 4611 to 1; London and North Western,
113/ to 1141 ; Midland, 1171 to 1181 ; L►ncashire
and Yorkshire, 125/ to 1261 ; Caledonian, 87/ to
881 ; South Eastern, 07 to j ; Great Eastern, 32!
to 1 ; Great Northern, 108 to 109 ; ditto A,
1121 to 1131 ; London, Chatham, and Dover, 17/
to 18 ; North British, 321 to 331; and Brighton,
521 to 531.
Foreign stocks are inquired for. Italian bonds
of 1861 have improved 1 per cent., viz., to 451 to
461, and Turkish of 1865, and Greek are 1 better,
at 311 to 321 and 124 to I, respectively. Turkish
of 1862 are at 62 to 63 ; Spanish Passive, 181 to
19 ; ditto Certificates, 161 to ; Chilian scrip, 1
die. to par; Egptian of 1864, 84 to 86; and Mex-
ican, 141 to 151.
American securities have advanced 1 to 1 per
cent. The 5-20 Bonds are quoted 701 to ; Erie
Railway shares, 461 to 474 ; said Illinois Central,
811 to 824.
Anglo-American Telegraph shares have improved
2s. 6d., viz., to 171 to / ; and Atlantic Telegraph
Eight per Cent. Preference are steady at 31 to 4.
Bank shares are quiet, but London and West-
minster have improved 10s., viz., to 714 to 724 ;
Union of Loudon are at 37 to 38 ; Imperial
Ottoman, 11 to 1/ dia. ; Alliance, 12 to 11 dia. ;
Oriental Corporation, 42 to 43 ; and London and
County, 64 to 55.
Financial shares exhibit no variation of import-
ance. International Financial, 21 to 24 dis. ;
London, 24 to 23 die. ; General Credit, 24 to 2
die. ; and Credit Fonder, 61, to 64 die.
Formal notice is given that a petition to wind up
the Union Bank of Ireland (Limited) has been pre-
sented to the Court of Chancery in Ireland.
A petition for the winding up of the "Con-
tinental Company for the purchase of Thompson 's
Patents for Boat Buildingby Machinery (Limited),"
is to be heard before Vice-Chancellor Wood on the
16th inst.

The directors of the Chartered Mercantile Bank
of India, London, and China have issued the fol-
lowing report to the shareholders :

The directors on the occasion of the first interim meet-
ing present a half-yearly statement of account., which
they trust the shareholder will consider satisfactory
showing a profit 82,502/. 7.. Id. or upwards of 2) per cent.
per annum on the capital of the bank The directors, how.
ever, regret to state that the winding-up of the opera-
tions of the previous very unfavourable year will
entail a further loss to the bank, which will be
provided for when the annual accounts are made up
An interim dividend of 3 per cent. fur the half-year to
30th June, has been paid, and a balance of 60,00 V. 7s. Id.
is carried forward to this half-year's account. The half-
yearly meeting will be held at the bank, on Tuesday, the
19th inst., at 1 o'clock.
_ _

About 59,0001. in bar gold was withdrawn from
the Bank yesterday for the Continent, and some
further moderate amounts are expected to be taken
during the next few days, should no remittances
come forward from Australia. The shipments of
specie just announced from New York are said to
be of an exceptional character.
Bar silver and Mexican dollars are quoted
sa. Oiid. to ss. Old., and 4s. 10/d. to 4s. 11d. per
ounce, respectively, showing no change of impor-
tance compared with the rates recently current.
The foreign exchanges yesterday afternoon were
unaltered. The list is annexed :
Amsterdam, 3 months, 12.0{ to 12.04 ; ditto, short,
11.181 to 11.191; Bottenlam, 3 months, 12.0 i to 1200 ;
Antwerp, 3 months, 25.35 to 25.40; Brussels, 3 mouths,
25.35 to 25.40 ; Hamburg and Altona, 3 months, 13.10 to
13.104 • Berlin, Cologne, &e., 3 months, 6.'.,;0 to 6.274 ;
St. Petersburg, 3 months, 32 to 314 ; Paris, short, 23.10
to 25.20; ditto, 3 mouths, 25.30 to 25.31 • Marseilles,
3 months, 25.30 to 23.35 ; Prankfort-o;t-the.Maine,
3 months, 1204 to 1201 ; Vienna, 3 months. 65 to
12.70 • Trieste, 3 months, 12.63 to 12.70 ; Madrid, 3
months, 484 to 481; Santander, .3 month*, 484 to 481 ;Cadiz,
3 months, 490 to 494 ; Seville, 3 months,49e to 494 • Malaga,
3 months, VII to 481 ; Valencia, 3 months, 487 to 4'Bo ; Bar*
*alone, 3 months,. 49 to 480 ; Bil ies, 3 months, 484 to
481 • Saragossa, 3 months, 484 to 480 ; Leghorn, 3
months, 28.15 to 28.25 ; Genes, 3 mouths, 28.15 to
28.23 ; Naples, 3 months, 28.15 to 28.25 ; Palermo, 3
months, 515 to 28.5 ; Martina, 3 months 28.15 to
28.25 ; Lisbon, 90 days' date, 514 to 511 Oporto, 90 dap'
elate, 511 to 514.
The Metropolitan Railway traffic return shows
this week an increase of 3071. over the cone
spending week of last year.
The traffic return of the Grand Trunk Railway
of Canada, for the week ending the 113th ult.,
shows a decrease of 1741., compared with the cone-
sponding period of 1866.
We are enabled to state that the whole of the last
issue of the Great Southern of India Railway Com-
pany's 5 per cent. stock has been placed. This
line has been constructed more cheaply than any
other in India, and though only partially opened,
is already earning 3 per cent. on the capital ex-
pended.
The liquidators of the English and Swedish Bank
(Limited) announce that a third instalment of 31.
per share of the net assets of the undertaking will
be paid to the shareholders on the 2nd of December,
making 171. per share returned. These were 50/.
shares, with 25/. paid.
The annual meeting of the Upper Assam Tea
Company (Limited) is to take place to-dav (Wed-
nesday), and will be made special, "to take into
consideration certain
,proposed alterations in the
articles of association. '

The annual meeting of the Rhymney Iron Com-
pany is convened fur the 20th inst.
Annexed are the quotations of insurance, gas,
dock, and waterworks shares, as given in the
Stock Exchange list of last evening :
Insurance—Alliance British and Foreign, 14 ; Atlas,
91, 1; Commercial Union, 4/; Liverpool and London
Fire and Life, 71; Ocean Marine, 21 ; Thames and
Mersey Marine (Limited), ; Union Marine Liverpool
(Limited). 9,8 p ; ruiveraal Marine (Limited), 4, s, I. 4.
Gsslight and Coke—Bombay (Limited). 4t; Conti-
nental Union (Limited). 13, ex div. • Great Central,
121, 13,ex div. ; Imperial Continental, 97, 6,1; Pho:nix
New, 351.
Waterworks—Berlin, 121, /, f ; East London, New, 21 ;
West Middlesex, 105, 7, ex new.
Docks—Emit and West India, 126; London and: SL
Katherine, 531, 21.