The Express.
London, England, 1868-09-17 00:00:00

17

ada.

MOllll7 MARKET.--(Tald PAZ)

ONE °Twat

- -
The funds have partially recovered from the ex-
treme depression of yesterday ; bat they are totally
destitute of animation, and business generally is
upon the smallest possible scale. The foreign
stock market continues dull, with less tendency
to a favourable reaction than the funds, though
in one or two oases quotation' are partially better.
In railways some further movements have occurred
in Caledonian stook ; and this market generally
is without any substantial recovery.
The inquiry for money is stall very restricted ;
and rates are not higher than 1j to per
oent.
Consols, which finally closed yesterday at 931
to Pi for account, are now quoted se 94 to /,
steady but inanimate. New and Reduced Three
per Cents., 94 to 3. Bank Stook is short. Ex-
chequer Mlle remain at lfie. to 10s. prem.

In the railway market the principal feature has
bent some fluctuations in Caledonian stock. It
has been quoted at 70 to e ; and it is now 681 to
69, and transactions have taken place at 68}.
iielteptliteet b. %noted ate' 107 •to and the
lineulos et 1041 to •, being in .each
etre a point above the inetreisirot patietlay.
rttintdata and Mouth Vilabeeno 113 St .e; Ovum
i.tgoiptoro, so to 4; Ilidlainl. 1/21 t 5. s ile-
Weaken, 87 to 89 ; Brighton, be'e;°llls.'
Eaitern, 761 to 771; Chatham and Dqier, 18
to a.
The scrip of the Moscow Jaroelaw Railway re-
mains at 31 to prem. ; Ricotta, 661 to 3 ; Orel
Vitebek, 84 to 4.
In American railways Atlantic and Great
Western Debentures are quoted at 364 to 37/,
and the Consolidated Mortgage Bonds at 381 to 1.
United States 5-20 Bonds are at the closing
price of yesterday, 714 to 72.
Indian stocks remain at previous prices, with
no demand. The Ten-and-a-Ralf per Cents.
Stock is quoted at 214 to 216, the Five per
Cents. at 1141 to 115,. and the Four per Cents.
at 103 to 1. Debentures, 105 to 1. Bonds, 20e.
to 25e. prem.

The foreign market is quiet in tone, but with-
out any particular alteration. Italian Five per
Cents. are better than yesterday, and Spanish
New Three per Conte. are a shade firmer at 33f
to 1. Peruvian, 76 to 77. Turkish inactive.
The Six per Cents. of 1868 at 64 to 63, and those
of 1862 at 66 to 67 ; while the Five per Cents. of
1866 are quoted at 384 to f. Honduras Loan,
86 to f. •

Banking shares remain at last night's quota-
tions.

Atlantic Telegraph Eight per Cent. shares,
31 to 4 ; Anglo-American, 201 to j.

In misoellaneoue shares business has been done in
International Financial at 31, and in General
Credit at 51 ; National Discount, 111 to 13 ; Hud-
son's Bay, 141 to 13.

The directors of the Netherlands India Railway
have made a clad 50 florins for shares payable
in (treat Britain on the sth of October.

The half-yearly Court of Proprietors of the
Bank of England was held this morning. The
Governor, Mr. T. N. Hunt, presided. The
directors reported that the profits for the
half-year ending August 31, has been
584,369/. Bs. 9d., making the rest on
that date 3,610,596/. 17e. Id. ; and that after pro-
viding fora dividend of 4 par cent., the rest would
be 3,028,476/. 17s. Id. The Court of Directors,
therefore, proposed that a dividend be made, pay-
able on the 10th of October, of 4 per cent., with-
out deduction on account of income-tax. The
motion was agreed to.

FOUR O'CLOCK.

Cou.sols are unchanged in price at 94 to 1 fur
Oct. 6; but the market is rather firmer in charac-
ter, owing chiefly to an improvement on the Paris
Bourse, where the Three per Cent. Renter have
opened at 68fr. 97e., showing a recovery of 1 per
cent. since yesterday afternoon. The markets gene-
rally are well supported.
Bente of the present quotations for foreign
stocks are subjoined, viz.:—ltalian Five per
Cents., 57; to 1 ; Orel Vitebsk Railway, 83; to 1:
Nicolat 661 to:; Spanish New Bonds,
331 to 1; Turkisl, Five per Cents., 381 to 39;
and Moscow Railway Scrip, 5: to 4 prem.
As regards railway stocks prices are quoted as
under :—Caledonian 68 to 1; Brighton, 52/ to I ;
Metropolitan, 107/ to 8; South Eastern, 771 to
Midland, 1091 to 110 ; Lancashire and York-
shire, 12s to 1; and Great Westerns, 491 to 50.

The biddings for bills on India took place yester-
day at the Bank of England. The amounts allotted
were, to Calcutta, 19,32,000ra ; and to Madras,
68.000r5. The minimum price was fixed, as
before, at Is. 100. on both presidencies. Tenders
at Is. 1 lid. will receive about 40 per cent. ; those
above will be allotted in full. These results indi-
cate a slight increase in the demand for remittance
to India, the rates paid having been about 1 per
cent. higher than on the last occasion.
The London and North Western Railway traffic
return shows this week an increase of 1, 1391. over
the corresponding week of last year ; the Midland
an increase of 5,504/.; the Great Northern an in-
crease of 2,1391. ; the Great Western an increase
of 1,054/. ; the London and South Western an
increase of 722/. ; and the Great Eastern an in-
crease of 4,5941.

The traffic receipts of the Atlantic and Great
Western Railway, for the fourth week in August,
were 128,406 dole., being 11,048 dots. less than
in August, 1867. For the whole month they
were 407,888 dots., being 53,990 doh. less than
last year. The month comprised one working
day less than last year.

The receipts of the Erie Railway Company for
the month of July were 1,093,043 dela. against
1,071,312 dols. in July, 1867. For the first seven
months of 1868 they have been 7,680,067 dols.,
being 86,818 dole. more than in the same period
of last year.
The Caledonian Railway dividend is officially
announced. It is at the rate of only 11 per cent. per
annum, and a balance of only 3,700/. is car-
ried forward, though 14,302/. was brought
into the account. The dividend for the corre-
sponding six months of last year was at the rate
of 51 per cent. per annum ; and for the previous
half-year at the rate of 21 per cent. per annum.
This great falling off confirms in a striking manner
the justice of the criticisms which have been pub-
lished respecting the condition of the company's
finances, and the troth of which was so long and
so pertinaciously denied by the chairman and
directors.

The half-yearly meeting of the Tourney to Sur-
bise and Landen to Flamelt Railway Company is
called for the 28th inst., at Brussels, when a divi-
dend is to be declared.
The dividends due the 30th inst. on the Chili=
Biz and Three per Cent. Loans are announced for
payment in due course by Messrs. Baring Brothers
and Co., who have at the same time published the
particulars of the sinking funds attaching to the
several classes of Chaim debt negotiated through
them.
Messrs. Rothschild have announced the divi-
dends due the Ist October on the Brazilian Five
per Cont. Loans of 1839 and 1839. and Four-and-
a-Half per Cents. of 1863.

Low Dow Ozarzsra. (humus Coacranry
)ow
receipts foe week ending &pt. 13,
trale. Bd.