The Express.
London, England, 1866-12-06 00:00:00

MONEY M

ARKET.-(THIS DAT.)

Own o'Onwen.
It is anticipated that the weekly return of the
Bank of England, made up to yesterday afternam -
will show a further improvement, while it is knows
that the influx of gold to that establishment will
continue upon a steady scale, in consequence of the ,
firmness of the foreign exchanges. At the same tar
the corn market remains extremely dull. Neverthe-
less there is still an almost entire absence of demand.
for public securities, and the general tendency 4
prices is unfavourable. Consols, in which thou
monthly settlement is now in course of oompletion.
are dull, at the reduction of yesterday. English •
railway stocks and foreign bonds, as well as bank- .
ins and financial shares, show no variation of in.
portance, with the exception of a fall of It. in I
London Financial. The bad weather slightly tends
to check fresh business. _

The directors of the Bank of England have made
no change to-day in the rate of discount, nor was
any expected. The demand for money there is.
good, but in Lombard-street the amount of busi-
ness is nut large. The rate, however, is firm, et.
31 to 4 per cent. The charge in the Stock Ea-
change fur sleet loans is 3 to 31 per cent.
Consols are now quoted 881 to j, ex div., tor
money, and 83:4 to ex div., for the account
(January 10).
The foreign stock market is exceedingly inactive.
Italian bonds of 1861 have advanced per cent.,
but Turkish of 1865, Spanish Passive, the Care-
-1 mittee'l Certificates, and Mexican are unaltered.
Russian Scrip is quoted Ili to prem., being
quiet. Turkish Bonds of 1862 are quoted 57} to
581 ; ditto 1865, 31.,1 to I ; Greek, 13} to 14;
Spanish Passive, 201 to ; ditto Certificates, 13}
to ; Italian of 1861, 551 to a; Mexican, 181 to I.
American securities exhibit no movement. The
5-20 Bonds are quoted 70.) to ; Erie Railway
shares, 471 to 3 ; Illinois Central, 771 to f•
Angle-Amer-:.an Telegraph shares are called 14L
to 15, and Atlantic Telegraph Eight per Cast.
Preferenco, 31 to ",;, being steady.
to Internationaldis.; Financial
Loliaon shares are
Financial,
181
ito qlu7oitteclain.2l};
General Credit, 21 to 2:, dia. ; Credit Fonder,
5i to 1 die. ; National Discount, si to prom. ;
and Iludsen's Bay, 161; to /.
With reference to the New Granada foreign debt,
it is notified t!'. d there has been set apart to the
redemption for December, 1866, 2,588/. 9s. 6d., of
which 1,725'. 131. is for the active debt, and 8621.
16s. Oil, for the deferred. Tenders will be received
until 12 o'clock on the 11th inst., through Messrs.
Baring Broeiers and Co.
About 27,01.fe'. in geld was bought by the Bank
yesterday, malsing a total of 102,000!. for the week,
while only 15,0dUi. has been withdrawn in the eame
period for ext. dtation.
The City of Boston, from New York, has brought
12,500 g. to sere e, and the Norfolk, from Port
Phillip, There is now nearly 250,0001. In
gold to Le de,, esed of, the whole of which is ex-
pected to be taken to the Bank during the nest
new days, there Icing no demand for abroad.
The Li Id for bills on India took place yester-
day at the Bank of England. The proportions
allotted were :—To Calcutta, 15.13.000 re. ; to
'adras, 35. i• ; and to Bombay, 10.58.000 vs.
The iniainia ai price was fixed at is. lid. on all the
presidencies. Tenders at and above the minimum
will receive in full. These results show a consider-
able decrease in the demand for the means of re-
mittance to India, for, though the goverment hare
fixed their terms 1 per cent. lower than on the last
/evasion, o.liy 200,6001. of the 350,0001. of bills
offered nave le.err taken.
It is atat.nl that Messrs. Abraham Tronet sad
Sons, of 'Manchester, whose failure has just hest
announced, are likely to pay 20e. in the pound.
Mr. Jame, Beads, manufacturer, of Blackburn,
employing be•Weell 500 and 600 looms, has stopped
payment, with liabilities amounting to about
20,0)01.
The Midland Railway traffic return shows this
week an tie:cease of 390/. over the corresponding
week of lee year, and the London and N
Wester, ai. increase of 3,0501.
At. the ilieetdi of the Bahia Steam Navigation
Untie:my (Limited), held yesterday, the report,
which was feleeted, mentioned that the receipts
from tra''i,!: the half year, exclusive of subsidies,
have exceeded the expenditure by 2,4211. ; but, in
consc,lllol,. of the recent heavy expenditure out
of revenae ut purchasing new steainere, and other-
wise :iltere.e and improving the existing fleet,
build mg I:4iitcrs, constructing wharves or piers,
and effectin.4 other improvements for the develop-
ment of tler liow increased traffic, the directors
are not in n p ,sition to recommend any dividend
for the two half years ending December, 18652 and
June, ; At the same time they " anticipate
that the r..!,:ilts fir the future will not only admit
of the creat.eli of an ample reserve fund, but also
supply soiee:dial dividends."
The divc.:Ors of the National Provincial Bank of
anmenice that a half-yearly dividend
at the r.d. oi tight per cent. per annum' and a
half-yearly Lemis of seven per twit., will be
payable on the company's stock on the 10th of
January.
The half' yearly meeting of proprietors of the
Colonial Thad: is convened for the 4th January.
An ex tra..r.li eery general meeting of the China
Steams:l:i; nit Lahuan Coil Company (Limited) is
called for :I.le 1 '.'th inst., to confirm the resolutions
passed on the 26th ult., for minding up the com-
pany, with a view to its reconstruction.
Credit ,rs .'f the Scinde, Pun jamb. and Delhi Bank
Corporatien 'Limited) are rewered to send the
particulars of their claims to the liquidators by the
31st
Vice-Chancellor Stuart has appointed Mr. George
Scott, of NValhre..k, official liqatilator for ivindine
up the Fiezinee Company (Limited).
The suili,,lfityl report on the market for American
securities is fruit the circular of .11e..ssrs. Satter-
thwaitc ar..l Ce.:
The Lon len market for American securities has shown
less actomy C•an for some time ?.ast, still prices have
been well m and in some show : fractional.
tolv.tneez States 5. }'a of l' are last quoted 744
to 1. an.! r;r r i,sue, 69,? to f. Mimeo Cetera] ekes
77!. to 7s. for which a (1( wand has sprung up
to-;1.:y. :mg Jc 47.5 to 4s. Atlantic Great Western
Conwilid .t.‘l 1.:0w1...1'1.re off 41; to 42, and the Certifi-
cates of .0 to :xi.

WEDNESTAT EVUING.
Consols, which closed yesterday at 881 to I,
ex div., both for money and to-morrow's settle-
ment, opened this morning at the same quotation,
and closed at 881. For the loth Jan. the last
price was 88i to 4. The official business repent
is as follows ;—Thres pw . Console, far
money, 881, ; ditto, for account, 88.1, tt;
Three per Cents. Reduced, 874. 4; !Sew
per Ciotti., 874, ; Annuities, 1885, 12i ; Bank
Stock, 2494 ; India Stock, 215 ; ditto Ave per
Cent., 10%, 4, ; ditto Five per Cent. " enfacetl"
rupee paper, 101 ; ditto Bonds, 205., 235. prem.
Indian Government securities were steady.
Exchequer Bills remain at Is. to ss. prem.
The foreign stock market was dull, with few
transactior,s. Turkish Bonds of 1863 declined
1 per ceut. ; ditto of 1865, ; and some of the
Egyptian, as well as Turkish of 1858, 4. New
Grenadian Two per Cents., however, were in re-
quest, and row 1 per cent. Spanish Passive, Cer-
tificates, atnd Mexican, were to better.
Russian Loan scrip was steady, closing at 1i to
prem.

The inhabitants of Moelfra, on the Welsh coast,
continue, whenever the tide is favourable, to search the
rocks where the Royal Charter was wrecked, and
seven years hive elapsed sines that disastrous erase:NlX
stantial tremiure is still reoovered. In March 2110 f. wig
, found, in May 13/. s., in Jul 80/., in iSeptetuber 74/.,
I and in October 361. lo
—Leeds Macy aw F.