The Express.
London, England, 1868-10-07 00:00:00

I.MONEY MARKET.-(THIS DAY.)
_ _

ONE O'CLOCK.
Business in the RUA Exchange to-day is not
active, yet the markets are firm, tho transactions
consisting cbiefiy of purchases. Consols are un-
changed, but most of tho railway stooks are
in request, and an advance has occurred in
several of them. Midland and Metro-
politan are in chief demand, in conse-
quence of the increase in the traffic, in the
latter case arising from tho opening of tho West-
ern Extension. Metropolitan has been dealt in
at 1061, and the present price, though somewhat
lower, is J per cent. above that last current yester-
day. An inquiry is still apparent for foreign
securities, especially for fipanish of 1867 and
Italian of 1861.

The applications for discount are upon a mode-
rate wale, and the rates for bills aro without
alteration. The charge for advances in the Stook
Exchange is li per cent.

Consols aro quoted 94: to i for money, and 94
to; for the account (Nov. 5) ; and the Three
per Cente. Reduced and Now Three per Cents.,
931 to 4.

The railway market is Arm, owing to a prepon-
derance of purchases. Metropolitan stock has
improved 1 per cent. ; Midland, j ; and London
and North-Western and South-Eastern, 1. An-
nexed are the prices :—Caledonian, 69 to } ;
Londonand North Western, 1111 to 1121; Groat
Western, 49 to 1 ; Midland, 111} to } ; London
and South Western, 87} to 881; Great Eastern,
40} to 1; Brighton, 611 to ; Month Eastern,
771 to 78 ; Metropolitan, 1031 to 1 ; Great
Northern, 1071 to 108 ; ditto A, 106 to 1; London,
Chatham, and Dover, 171 to 18; Lancashire and
Yorkkhire, 128 to } ; and Manchester, Sheffield,
and Lincolnshire, 471 to 1.
In the foreign stock market, Spanish bonds of
1867 are in request, and 4 / per cont. better, at
33j to :. Italian of 1861 havo risen I,—viz., to
521 to 531. Prices are quoted as follows :
Brazilian of 1863, 76} to 1; Chilian of 1867, 931
to 941; Egyptian of 1864, 83 to 4, ex div.; Mexican,
151 to 1; Peruvian of 1863, 781 to ; Russian
of 1866, 901 to 1; Nicolai Railway Loan, 67: to 1;
ditto Orel, 841 to 1; ditto Moscow-Juroslaw, 811
to 821 ; Turkish of 1858, 66 to }; ditto of 1862,
684 to 4 ; and ditto of 186.5, 404 to 1.
Indian stocks are steady. The Ten-and-a-Half
per Cents. are quoted 214 to 217 ; tho Five,
1141 to 1 ; the Four, 1031 to 101 ; the bonds,
20s. to 255. prem. ; and the debentures, 1051
to 1. Exchequer Bills, 15s. to 20s. prem.
The market for bank shares Lis inanimate.
London and Westminster, 63} to 1 ; London
and County, 482 to 491; Union of London,
331 to 341 ; Anglo-Austrian, 6 to 1 prem. ;
London and Brazilian, 30 to 25 dis. ; Imperial
Ottoman, 11 to 11 prem. ; and Consolidated, 1
to 1 prem.
With the exception of a decline of 24. 6d. in
Anglo-American, viz., to 201 to 21/, miscellaneous
shares an, without change. National Discount,
111 to ; General Credit, 21 to 21 ilis.; In-
ternational Financial, 11 to 11 dis. ; Hudson's
flay, 141 to 154; Telegraph Construction, 16 to
} ; and Atlantic Telegraph Eight per Cent. Pre-
ference, 31 to 4}.
United States 5-20 Bonds have improved } per
sent., the present price being 731 to 74 ; Erie
Railway share., 311 to 321; Illinois Central,
96 to 1 ; Atlantic and Great Western Deben-
tures, 371 to 38 ; and ditto Consolidated Mort-
gage Bonds. 39} to 1.
The scrip of the new Italian Loan is at I to 1
_ _

_
The Midland Railway traffic returns show this
week an increase of 3,9321. over last year.

It is notified that the transfer Wilts of the Rio
de Janeiro City Improvements Company (Limited)
will be closed from the 7th to the 20th inst., both
inclusive, " for the preparation and issue of war-
rants for the payment of a dividend at the rate of
3 per centtun per annum, this day declared in re-
spect of revenue for tho half-year ended .Tune 30.
1888, and payable on the 21st day of October
instant."

TWO O'CLOCK.

The government funds are steady, at the
above-mentioned prices. Midland Railway stock
is still inquired for, and shows a fresh
rise of per cent., viz., to Illf to I. Great
Eastern and Metropolitan are higher. Foreign
bonds are unaltered, apart from a decline of j per
cent. in Italian of 11561.
FOUR O'CLOCE.
The English funds are unaltered, at 94f to j
for money, and 911 to fur the account.
In the railway market, Caledonian and Metro-
politan stock, have unproved f per cent., viz., to
691 to 70 and 1061 to I.
Foreign bonds are rather flatter. Italian of
ItNil are f per cent. lower, at 511 to f.
No bullion operations have occurred at the
Bank.

In the foreign exchanges yesterday afternoon
the only alteration was a further movement again 3t
Spain. Thu list is as follow;
Amsterdam, 3 months, 12.01 to 12.1; dittit, short,
11.19 to 11.191 ; Rotterdam, 3 months, 12.01 to 12.1 ;
Antwerp, 3 mouths, 23.40 to 25.45; Brussels, 3 mouths,
23.40 to 25.43 ; Humbro' and Altoua, 3 mouths, 13.101
to 13.11 ; Berlin, Cologne, Sc., 3 months, 6.27 to 6.271 ;
St. Petersburg, 3 mouths. 321 to 32 ; Pans, short, 23.20
to 25.271 ; ditto, 3 months, 23.35 to 26.40; Marseilles.
3 months, 25.371 to 26.40 ; Frankfort-on-the-Maine, 3
months, 1201 to 1201 ; Vienna, 3 months, 11.80 to
11.86 ; Trieste,3 months, 11.80 to 11.86 ; Madrid, 3
months, 47 to 461 • Santander, 3 months, 47 to 464 ;
Cadiz, 3 months, 473 to 471.Sev11e, 3 mouths, 471 to 471 ;
Malaga, 3 months, 47 to 464; Valencia, 3 months, 41
to 461 ; Barcelona, mon 471 to 47 • Bilbao, 3
months, 47 to 461 ; Valtado • , 3 months, '47 to 4bl;
Samoan, 3 months, 47 to ; Leghorn, 3 months,
27.66 to 27.76; Genoa, 3 months, 27.66 to 27.76 ; Naples,
3 months, 27.66 to 27.76; Palermo, 3 months, 27.66 to
27.76; Marina, 3 months, 27.66 to 27.75; Lisbon. 90
days' date, 62 to 611 • Oporto, 90 days' date, 62 to 611.
The Brighton leuilway traffic return shows this
wick a decrease of 9661., compared with the cor-
responding period of 1667 ' • the Motropolitan, an
increase of 1,2161.; and the Glasgow and South
Western, an increase of 1,4821.

The Rhymney Railway Company are inviting
applications, receivable up to the 12th inst. by the,
ecretary, or by Messrs. Upward and Prescott, of
Throgmorton-etreot, for an issue of 11,000 6/.
per cent. Preference Shares of 101. each, bein
portion of 213,0001. authorised by the company's
act of 1864, required to tannplete the Cardiff and
Caerphilly lime now in course of construction.
That line gives the Rhymney Railway direct seems
to Cardiff. The net revenue shows a largo margin
over and above the sum required to meet the
intureeet on this issue. The shares are offered at
par, and are payable at intervals ortouding until
a twelvemonth hence.
The fifth ordinary general meeting of the
Queensland Sheep Investment Company (Limited)
will be held ou the 16th inst.

A cat raonibutry general meeting of the " Danish-
Norvregian-Englioh Telegraph Cotupaily of Copen-
hagen " ie called for the ith November, in that
city, "to submit a working arrangement made with
the Norwegian-Sweilish-Britiash Submarine Tule-
graph Company of Christiania."
Subjoined is a report of yesterday's Bahl at the
" Open Stock Exchange (Limited)"
Modulen (fold and Silver Mining Company (Limited),
fully paid, an«. per Aare ; Orimptoir Oimeral (Limited),
fully paid, Vs. per ishare; confederate States Loan, 1864,
1,000 4101. Bonds, interest 6 per cont., 2e. per bond ; ditto,
15113, 1,000 del. Moods, interest 7 per cant., 13a par boat ;
Credit Fourier of England (Limited), (for mat account),
fully paid, 2/. lia. ow dare ; Reroutes Insurance Com-
pany (Limited), W. paid, ie. to da. Id. per dant;