The Express.
London, England, 1868-08-04 00:00:00

186 g.

11011Billiiihr.R11.-(1111.1

0424.001 i,
In, the Stock Exchange tCPAtay the dealt*, elect
partly engaged with prepatations for' fbe4
monthly settlement on Thursday in' the Eng-
bah funds, and the amount of fresh behiness
is consequently rather limited. Consols are rather
dull, but the reduction in them does not elceed
1-16 per cent. Homo railway stocks have expe-
rienced a fresh decline, owing to additional specu-
lative realisations. Caledonian and Midland show
chief depression. A demand is apparent, how-
ever, for some of the foreign bonds, especially
Egyptian of 1864 and Peruvian of 18e3. Bank-
ing, financial, and miscellaneous shares are steady.
The demand for money is rather moderate, the
bills which have just arrived at maturity having
previously been provided for. The rate for choice
paper is lj per cent.

Consols are quoted 94; to j both for money
and next Thursdays settlement, and the Three
per Cents. Reduced and New Three per Cents.,
94} to j.

The railway market is Rat, and a decline of 1 to
1 per cent. has occurred in most of the principal
stocks. Caledonian, 761 to 771; London and
North Western, 1181 to 3 ; Great Western, 501 to ;
Midland, 1063 to 3 ; London and South Western,
92 to 93; Great Eastern, 393 to 3; Brighton,
531 to 3 ; South Eastern, 761 to 771 ; Metropolitan,
117 to 1 ; Great Northern, 107 to 1; Ditto A,
1043 to 3 ; London, Chatham, and Dover, 203 to
3; Lancashire and Yorkshire, 1301 to 131; York
and North Midland, 933 to 941 ; Berwick, 1041
to 105 ; and North British, 361 to 37.
The foreign stock 'market is firmer, and prices
have improved in several cases. Egyptian bonds
of 1864 and Peruvian of 1865 are in good de-
mand, and have risen about 1 per cent., viz., to
85 to 86 and 803 to 1 respectively. Brazilian of
1865 are quoted 77 to 1, showing a rise of 1 per
cent. ; Italian of 1861, 523 to 3, being 3 better;
Russian of 1866, 931 to 3, an advance of 1 ;
Turkish of 1885, 391 to 3, an improvement of 3;
Chilian of 1887, 921 to 931; Mexican, 151 to 3 ;
Orel, 84 to 3; Spanish of 1867, 331 to 341; Turkish
of 1858, 661 to 671; and ditto of 1862, 64 to 6.5.
The Indian Five per Cent. Debentures have
improved 1 per cent., viz., to 1031 to 3. The
Five per Cent. Stock is at 1143 to 1153; the Four,
1041 to 10.3; and the Bonds, 235. to 28s. prem. ;
Bank Stock, 247 to 249 ; and Exchequer Bills,
13s. to 188. prem.
There is no alteration in bank shares. London
and Westminster, 683 to 3 ; London and County,
513 to 523 ; Union of London, 343 to 3.53 ;
Anglo-Austrian, 7 to 3 prem. ; London and
Brazilian, 30 to 25 die. ; Imperial Ottoman,
to 1 prem. ; and Consolidated, 1 to prem.
In the miscellaneous market Telegraph Con-
struction shares are 58. lower, at 153 to 16/, while
Anglo-American have advanced 2s. 6d., viz., to
21 to 1. National Discount, 111 to 123;
General Credit, 21 to 21 dis. ; Credit Foncier, 23
to 3 per share; International Financial, 13 to
11 die. ; London, 23 to 22 die. ; Hudson's Bay,
151 to 3; and Atlantic Telegraph Eight per
Cent. Preference, 33 to 3.
United States 5-20 bonds are 1 per cent. lower,
at 711 to 3. Atlantic and Great Western Railway
debentures are at 40 to 1, showing no change, and
the Consolidated Mortgage bonds 403 to 411,
being 3 better.
The Intercolonial Loan is quoted 1053 to 1061;
the Swedish, 21 to 3 prem. ; the Tamboff-Kozloff,
3 to 13 prem. ; and the Egyptian, par to 1
prem.

TWO O'CLOCK.
The government funds are without change, at
941 to I both for money and the account.

The prospectus of the new French Loan has
been issued in Paris, and an imperial decree,
authorises its issue at the rate of 691. 23c.
per 100, bearing interest at 3 per cent. from
the Ist July last. The rate of interest will
therefore be about 4i per cent. per annum. Ac-
cording to an order of the Minister of Finance,
subscriptions will be received from the 6th to the
13th inst. The minimum allowed to be subscribed
is fixed at sfr. rentee, and the deposit on sub-
scribing at one-tenth the amount applied for, the
rest being payable by monthly instalments extend-
ing over a period of 18 months. It is announced
that subscriptions to the loan will be received in
London by the General Credit and Discount
Company, in conjunction with the Societe Generale
of Paris, and that the deposits required on such
subscriptions will be only 5 per cent. The amount
of the loan has been stated at 450,000,000 f., or say
18,000,0001. sterling, which includes 21,000,000 f.
for the expenses of issue.
We have also received a memorandum stating
that Messrs. Bischoffsheim and Goldschmidt are
authorised to receive subscriptions to the new
French loan on the same terms as the Treasury at
Paris.

Advicea from Madrid state that the government
havgeuiispu pressed the " Little Bourse," i. e., have
stop dealings in public securities outside the
re Bourse. It is believed that some of the
speculators haie given offence to the government
by entering into transactions for a fall in prices.
The Committee of the Stock Exchange have ap-
pointed to-morrow a special settling day in the
scrip and paid-up scrip of the Intercolonial Rail-
way Loan, which is to be quoted in the official
list.

The Lagos, from Africa, has brought 8,000/. in
specie.
The South Eastern Railway traffic return shows
this week a decrease of 1,432/., compared with the
corresponding period of 1867.
The traffic return of the Great Western Railway
of Canada for the week ending the 31st ult.
shows a decrease of 6161. compared with the cor-
responding period of last year.
A third dividend of Is. 4d. in the pound is now
payable to the creditors of the New Zealand
Banking Corporation (Limited) by Mr. James
Cooper, the official liquidator, at the offices of
Messrs. Johnstone, Cooper, Wintle, and Evans.
At the meeting yesterday of the proprietors
of the English Bank of Rio de Janeiro (Limited)
certain resolutions, which have already been pub-
lished, were adopted.
The half-yearly meeting of the Metropolitan and
St. John's Wood Railway Company is convened
for the 26th instant.

With reference to the Mosquito Land securities,
it is notified that a general meeting of holders of
claims which have been duly certified by Captain
Bedford Pim, R.N., will be held on the 10th inst.,
for the purpose of receiving a report from the
committee, and, if approved, carrying out the
recommendations therein contained.