The Express.
London, England, 1868-05-11 00:00:00

X 14 EVIPRIJ

MONEY MARKIIT.--(01q8 DAY.)

Wig O'CLOCK.

The stock markets are rather firm to-day, and
the variations in priors are chiefly in an upward
direction. Consols have improved 1-16 per oent.for
cub, but are without change for the account•
Some of the railway stocks have experienced
a moderate advance, owing to purchases by recent
speculators for a fall, in anticipation of the
fortnightly settlement, which will commence
to-morrow. A few of the foreign bonds
have likewise risen. The amount of bu-
sines, generally is limited, the public holding
almost entirely aloof from the Stock Exchange, in
the present uncertain state of home politics.

There is no alteration in the discount market.
Short loans on English government securities are
obtainable in the Stock Exchange at Ito i per
cent.

Consols are quoted 94 to 4, with div., for money,
and 922, ex div., for the account (June 4), and
the Three per Cents. Reduced and New Three
per Cents., 924 to 1.
Railway stocks are in request, and a rise of
to 1 per cent. has taken place in Caledonian,
London and North Western, Great Eastern, and
Brighton. The prises are as follows :—Celedonian,
751 to 4; London sad North Western, 1151 to
; Great Western, 531 to 4 ; Midland, 1074 to 4
London and South Western, 90 to 92 ; Great
Eastern, 334 to 344 ; Brighton, 534 to 1 ; South
Eastern, 744 to 4 ; Metropolitan, 1124 to 4 ;
Great Northern, 1024 to 103 ; ditto A, 961 to 974 ;
London, Chatham, and Dover, 184 to 4 ; Lan-
cashire and Yorkshire, 1271 to 1284 ; York and
North Midland, 944 to 95 ; Berwick, 1024 to 1034 ;
and North British, 334 to 34.
The foreign stock market is firm. Egyptian
bonds of 1864 are 4 per cent. better,"iF 79 to 80.
Brazilian of 1865 are quoted 754 to 76, 'Rowing
a rise of 4 ; Peruvian of 1865, 83 to 4, being I
higher; the Orel Vitebsk Railway loan,
794 to 4—an advance of 4 ; Chili= of
1867, 954 to 4 ; Italian of 1861, 484 to 4 ;
Mexican, 154 to 4 ; Spanish of 1847, 354 to 4 ;
Turkish of 1858, 594 to 604 ; ditto of 1862, 62
to 63 ; and ditto of 1865, 341 to 4.
Indian government stocks are steady. The Five
per Cents. are at 1154 to MI ; the Four, 1014
to 102 ; the Bonds, 18s. to 235. prem. ; and the
Five per Cent. debentures, 106 to 4. Bank Stock,
244 to 246 ; and Exchequer Bills, 10s. to 15a. prem.
As regard to bank shares, Chartered Mercantile
of India have declined 155., the present price being
274 to 28. London and Westminster, 69 to 71 ;
' Union of London, 344 to 4 ; London and County,
514 to 524 ; Anglo-Austrian, 44 to 5 prem. ;
London and Brazilian, 30 to 28 dis. ; Imperial
Ottoman, 4 to 4 prem. ; and Consolidated, 4 to
prem.

In the market for miscellaneous shares, Tele-
graph Construction have declined 55., viz., to 14 to f .
National Discount, 4 to 1 prem. ; General
Credit, 4 to i die.; Credit Foncier, 71 to 7 dis. ;
International Financial, 2 to 1 i dia. ; London,
Financial, 23 to 21 die. ; Hudson's Bay, 14/ to 14 ;
Atlantic Telegraph 8 per cent. Preference, 4 to
ti ; and Anglo-American, 24 to i.
United States 5-20 bonds are without variation,
at 74 to f. Erie Railway shares are quoted
45} to I, being i per cent. lower. Illinois Central,
94 to I, showing a rise of } ; and Atlantic and
Great Western Railway Debentures, 24 to 29.
The Spanish Colonial Eight per Cent. Loan,
fully paid up, is at 91 to 91} ; and the Scrip, 2 to
li dia.
The True Briton has arrived from Melbourne
with 120,0001. in gold.

RALF-PAST ONE O'CLOCK.

Home railway stocka continue in demand. Com-
pared with the prices above given Great Northern
A showed a rise of 1 per cent., while Great West-
ern, Midland, and London, Chatham, and Dover
are Ito better. In the foreign stock market
Mexican and Peruvian of 1865 have declined 1 to
1. United States 5-20 Bonds are flt lower. The
English funds exhibit no movement.
Were it not for the uncertain position of the
Ministry and of home politics, a distinct im-
provement would probably take place, the
aspect of foreign affairs being tolerably satisfac-
tory, and there being no disposition to attach undue
importance to the indications of an impending but
alight advance in the value of money. The fact
that the terms at the Bank of England are now
practically below those current at other discount
establishments renders it improbable that the
quarter will end without an advance in
the rate to n per cent.; but, assuming this to be
the extent of the probable change, it must be ob-
vious that whether the rate of discount be 2 or 21
per cent. can make little practical difference as
regards profit or loss in ordinary mercantile or
financial transactions. The fact that the amount
of gold on the way to this country from Australia
and America is almost unprecedented, and the
prospect that any advance in the rates here would
attract a portion of the enormous amounts of capital
now unemployed on the Continent, encourage a
belief that the value of money will remain very
moderate for a considerable time to come.
The half-monthly settlement in shares and
foreign stocks will begin to-morrow (" con-
tinuation day ") and end on Thursday.
The Master of the Rolls attended specially at
Chambers on Saturday to hear the application of the
official liquidator of the Humber Iron Works and
Shipbuilding Company (Limited), that he might be
allowed to pay • further dividend of 2s. 6d. in the
pound to the creditors. The application was opposed
by Mr. Bagshawe on behalf of the assignees of
Ssznuelson's estate, who claimed to be creditors
for 70 0001, on the ground that a sufficient sum
should be met aside to meet the dividends on their
claim. After hearing the official liquidator the
Master of the Rolls granted his application, and
the dividend will be payable to the creditors it the
offices of Means. Chatteris, Nichols, and Chatter*
Gresham-buildings, Basinghall-street, on and after
Thursday next.

An ezirsordinary general meeting of the Brenk-
burne Iron and Coal Company (Limited) is called
for the 12th inst. _

With regard to the rooming indigo sales, the sub-
joined is from the circular of Mews. H. W. Jewes-
bury and Co., dated May 8 :
The May sales Comment. on Monday, the 11th inst.,
°assisting of 6,435 chests. Theanzualio: of the Bengal (hew
seep) is superior, and sorts ran from 6s. 9d. and
ll
wards ere abundant, are rich in though gene
&festive. Several paroolo liars Wieldy bean add
withdrawn from the sale. Common Oudes are but in
moderate supply. pry -leaf Madras will not exceed 800
sheets, chiefly of middling aad ordinary kinds. /Empah,
about 1,000 shads, mostly from dr. 941. sad of
gond serviceable quality, thong+ mixed. There are few
adiaary Manilas, and about 140 Birelipatara, from oral+
nary to dna. Our LA advises boa Odsulau„ haled 6th
April, roproosst tbs growing amp es fuosursills, although
a severe bail dorm at Parasol sad Hbougulpors bad ostrod
the loss of some of th. plant.
MINES.--(THIar: DAY.)

Drip and colonial mining shares are quoted
as follows :—St. John del Ikon 181 to • 1%;
Don Pedro, 11 to 21 jprein. ; Anglo-Braalian,
to par ; PesUcena, jto I dis. ; CibtaiaLNl, 2g to
; Roma Grande par to prom • Anglo-Itelan,
par to prem. ; United Mexican, lilood ; Frontino
and Bolivia, 7-16 to 9-16 ; sad Phillip, lit
to
The annexed memorandum is from the Cape
Copper Mining Company (Limited) :

The Ceps Copper Mining Company have remind fie.
@patches per bi.montlaly mail frees He seirmy, reporting
that eopions rains had fallen in Mansaqoalmod, and as
early carry iag 1.111111111 was anticipated. Tire general reports
and areounts will ocertinne to be forwarded as heretofore,
but the superinteudent writes by present opportunity that
the favourable remits wevioudy anticipsied hem Spec-
takel are being fully rea 42. tons of ore and 42 tom of
regales, es coasters, were sold at Swansea by public ticket-
Mg on the sth inst., realising It.. Bd. per nett.

sesa I WI. ► ISt

, - -
Stook cm baud tide day..amb *446 1 117.116 i 12,094 11.471
Delivery last Took
Ditto from tat Juno lll,lOl 100.110 96,671 77,111
Antral kat week ll6 1 338 ' 166 U
Ditto from Ist Juno 79,619 ' 96,002 Kt» 06961
S. d. S. d. ad. ad. ad. ad. d.
Prim F.C. on 'pot this de, OO 6 46 6 943 3 II 43 6
Ditto Tows last Friday 4l 6 47 3 '44 3 144 3

Arrival for the weak aiding 2016 May Met year, 417 arks
ead delivfrom ery, us
li maks. The arrival last week comprised Id
r,s Austraa.

METROPOLITAN CATTLE MARKET.
(THIS DAY.)

We have • very moderate supply of bosses, and the
average quality is verf indifferent Consequeattly chains
qualities are readily disposed of at • slight advance. Sheep
are more plentiful and trade is stow, however there
is not meek alteration in prior. Asia, lambs are
in request, but middling kinds are difficult of
sale. Calves are rather lower. Out foreign supply
consists of 1,990 beasts, 6,890 sheep, 146 calves, and -10
pigs. Prom filtbtland there are 195 besets ; from Nor-
talk and Suffolk, 1,850 ; and from midland and home
esentles, 265.
ter moos of Ste. a. 4. ad, Par Mee Webs. a. 4. a 4.
Dsst 54:414, Hiretd4 50 5 RtaiDoMEI-Disai 464 10
9013 66033-b0364 4O 5 84451/16/6.w0010-- 00 0 0
64.50136 gsal UM, 4 Do. M. Mom-- 4 4 6
Cam B4 5 144440 mood maL 00 0 0
Tlp
114e12.24..611N-brois 00 0 lambs
all
o. mirk* 3,600; sheepsheep4o4 Imia, 29,800; 661 m,
to

BOROUGH HOP MARKET.—{THIS DAY.)
Sour% Pottoodaa aad Raab mart a steady retail
demand for the boat samolos ad which the supply ie very
Limited, late prices Wag wsiiddeed.
ONI O'CLOCK.
The mining market is quiet, with onty a mode- COAL MARK.Kr.:—(III.II3 DAY.)
rate amount of business. West Chive/ton, 6A to , Walls Nadi/high's, 45.119613: rod Ramie, 17s.
85; aiverton Moor, to ; (Nadine no. Walls Bad Booth Rotten, ; Wails Boa Ear.;
to ;New Lovell, Ifs. Q. to 21s. Bd. ; Tribe- • *Pool. 1111. ; Well. End Breddlis 134.411 184. 9d,;
Dv 8 8+ ; Wheel Beton, 89 to i Wheal Laii...iwa; zekitditd.„6L)4l,7%.
034orton, nto ; Wont Groot Wore} to 3; Tiosaan, 140. 9d.; Walla Rad Hatton LyeiLs. 140. 9d.;
North Tresherby, la& to 20s. ; Great Vor, 131 to Wyli iss. ; Holywoll, sa. ; Weis Hartley,
le ;. and last Cerullo), 41 to b. . mb
arbet 23; at MI, 48.

RAILWAY MINING, MINING, AND OTHER
1, 811440&-(THIS DAY.)

ISalem soar is 1 p.mi.j

OOLONIAL GOVERNMENT sicußrnEs.
Canada Government, 6 per cent., Jamary and July, 1877
to 4884,104.
I Do., 8 per sent., February and August, 1021, 11.
Do., 5 per cent., January and July, 91.
oPape of Good Hope, 6 per oent., April and Ockilber.
NOD k 1900,1061.
Nem Routh Wale. Government, 5 per cent., 1888 W
1898; January and July, 991.
New Zealand, 5 per cent., 981.
Do., 6 par emit., 1891, March and September, 1101.
, 6 per cent., 1891, Jan. and July, 107.
Pl:tosasrialubi Government, 6 per cent.. April and Odiker.
1101,

ORDINARY SHARES AND STOOKS.
Caledonian, 76f, f.
Great Eastern, 34, N, 41.
Great Northern A(A receives so dividend until S re•
cent. has been paid to B), 98, 74.
Do., B, 1241.
Great Western, Original, 531, 4, 31.
Do., West Midland—Oxford 31.
Lancashire and Yorkshire, 12711.
London, Brighton, and South 52,4, 1.
London sad North Western, 115 f, 1, 1.
London and South Western, 91.
Metropolitan, 112), 4, f.
Midland, 1471, 1, 1.
North Eastern—Berwick, 1021.
Do., Linda, 50.
Do., Stockton and Darlington, 132.
PREFERENCE SHARES AND STOCKS.
London and South Western, 41 per cent., 90.
LINES LEASED AT FIXED RENTALS.
Chester sad Holyhead, 5 per cent., 113.
Hall and Selby, 1101.
Mid. Bradford pref. stook, 92.

BRITISH POSSMISSIONS.
Eat Indian, guaranteed 5 pa Gent., 1114.
Grand Trunk of Canada, let preference bonds, 401.
Do., 4th preference stock, 17}.
Great Indian Peninsula, gar. 5 per cent . 4.
Great Southern of India—guar. 5 per cent., 104.
Great Western of Canada, 14i.
Madru,tar. 5 per oat., 1041, 4, j.
Do., per 0rnt,991, 4.
Sande ( elhi), 11124, 1.

INDIAN RAILWAY DEBIINTURRB.
Madras (1870.71-72), iou