The Express.
London, England, 1862-01-30 00:00:00

MONEY MARKET.-(THIS DAY.)

Two OCLoow.

The funds remain dull, at the closing quotations
of yesterday. Business continues limited. Pre-
parations for to-morrow's settlement in shares and
foreign stocks continue to attract attention.
English railways remain heavy. Foreign stocks
are strosg. A large amount of business has again
been done in Mexican bonds.
At Paris this morning, aooording to Mr. Reu-
ter's telegram, the Three per Cent. Rentee were
quoted 71fr. 20c., showing no change.
The scrip of the Moorish Lean is quoted
61 Prem.
Consols are officially marked 921 and I for money,
and 92/ and / for the account. The present quota-
tion is 921 to / both for cash and the 6th February.
The official business report is as follows—Bank
Stock, 240, 242, 239 ; Three per Cents. Reduced,
921, 1; New Three per Cents., 921, 1 ;
India Stock, 224 ; ditto Five per Cent.
Stock, 1061, 105,1, 1061 ; ditto Bonds, 265.
prem. ; Five per Cent. " aniseed" rupee paper,
1001, 101/ ; ditto Five-and-a-Half per Cent,
106/ ; Exchequer Bills, March, 19a., 16.., 195.,
prem. ; ditto June, 225., 215., 195., prem.
Mexican Bonds experienced a reaction thin
morning, but have since rallied ; the last truism-
time recorded are at 33/ and 33. Temanaebb
Bonds, the Italian Loan, and the Spaniel:kap=
Certificates are in request, with an upward ineassoy.
The Turkish Loan of 1864 is quoted 85/ to 841,
and that of 1868, 741 to 1. Bales are recorded as
follows :—Braillian Four-aad--Half per Cents.,

1860, 914 ; Chilisn Four-and-a-Half per Cents.,
841, 85; Dutch Two-and-a-Rolf per Cents.,
641 (exchange 12ft.) ; Greek, 8 ; Italian Five
per Cents., 641, 65, 644, 66 (exchange 25fr.);
Mexican Three per Cents., 321, 4, 381;
ditto for acoount, 321, 4,33 i, 33 ; New Granada
Two per Cents., 234 ; Portuguese Three per
Cents., 1863, 464, ; Russian Three per Cents.,
1859, 601, 60; Sardinian Five per Cents., 773;
Spanish Three per Centa.,63l ; ditto for account
634; ditto Passive, 171 ; the Committee's Certificates,
7, 64, 74 ; Turkish Six per Cents., 1854, 844 ; ditto
Six per Cents., 1858, 741, ; Venezuela Three per
Cents., for acoount, 241, 4.

Form o'Cloos.
Console are without change, at 921 to both for
money and the account.
The amount of gold withdrawn from the Bank
yesterday for exportation was 1.2,0001., chiefly
foreign coin.
The steamer La Plata has arrived from the West
Indies, with 183,0001. in specie, 95,0001. in silver
and 86,0001. gold. The Tyne, from Brazil for
Southampton, has reached Lisbon with 14,0001. in
specie.
Shipments of tea, silk, &c., from China to the
portai of North America are now meetly made by
British vessels, with • view to avoid the risk of
capture attaching to American ships.
The Liverpool cotton market yesterday was firm.
The sales amounted to 8,000 bales.
At • meeting on Tuesday of the creditors el Masse.
G. J. Calvert and Co., ironfounders, of York. •
balance-sheet was presented:by Messrs. Cooper Bro-
thers and Co., the accountants, showing liabilities
to the amount of 52,1051., with assets estimated to
produce only 16,6191. There is consequently a
deficiency of no les than 36,4861. The meeting
lasted four hours, the large deficiency giving rise to
much discussion. It was ultimately resolved to
accept an assignment to Messrs. W. S. Roden, of
the Sheldon Bar Iron Company, and J. Whitharn,
of Leeds, under the recent Banton ptoy Act,
The London and North Western Railway traffic
return shows this week the large decrease of 6,6291.
It is understood that the coming return of the
Lancashire and Yorkshire Company will show a
decrease of 4,5001.
The advioes from Cape Town and the Port
Blli-
zabeth branch of the London and South African
Bank are of a very satisfactory character. The
general manager had visited Graham's Town ; the
bank would commence businees there Lon the let
February. He intended proceeding
to Natal to
make arrangements for opening • branch in that
colony.
A meeting was held yesterday for the appointment
of a director at the board of the Royal Mail Steam-
packet Compass) when Mr. H. C. E. Childers,
IL P., was
The half-yearly report of the directors of the
Peel River Land Company states that the latest ad-
vices from the colony are dated 19th November,
sad convey satisfactory reports of the health and
condition of the flocks and herds. Another
riai
vestment has been made in Queensland by the
purchase of the Cashmere Runs, on the Maranon
River, consisting of the right of depasturage over
seven blocks of land of five miles square each.
The total cost of this purchase is 3,4671. The re-
maining portion of the clip of 1860, unsold at the
last annual general meeting, has been disposed of ;
and owing to a fall in the markets, the amount
realised has proved to be 4221. 2s. 7d. lees than the
broker's estimate, given in the last report.
The adjourned meeting of creditors of Mr. Peter
Morrison, of the " Bank of Deposit," will be held
in the Bankruptcy Court on Saturday next.
The Master of the Rolls proposes on the 20th
February to appoint an ofleial manager of the
Defender Fire and Life Insurance Company.
The Bombay and Baroda Railway Company are
inviting tenders for the supply of 3,000 tons of
steam coals.
Messrs. F. de Lizardi and Co. announce the half-
rly dividends due February 1 on Louisiana State
Bonds issued in favdur of the Citizens' Bank of
New Orleans.
From a misreading of a not very clearly express

in the prospectus of the announce,
resastEnster Brewery Company (Limited), it was
stated yesterday that two sums of 100,900 k and
86,0004, respectively, were to be paid for the
buildings, machinery plant, goodwill, die., of
Mr. Thorne's established business. It appears,
however that the total to be paid by the company
is limited to 86,0001, in consideration of which they
will acquire property valued by their own valuer
at 105,000 i., and by Mr. Thorne's valuer at
100,0001. Of the purchase money a large propor-
tion, as before stated, will be taken in shares.
With reference to the market for American se-
curities, Mr. E.F.Batterthwaite reports as follows :
We have had a steady market in London for American
securities since ear last. State stocks and railroad stooks
and bonds have bees freely taken for shipment to AMallfiala
whenever offered at a tly Jew pnoe. There eon*.
sus almost an entire abases at demand for isvestreent
here. Some small epsoalative purchases of Illinois sods
&is shares have been made. At the close the market is
doll, Brie being offered at 2PI, preferred at 48! ; bat Illi-
nois shares are firm sad inquired for at 434.
The annexed is from the financial circular of
Mears. Cam
and Co., dated New York, the
14th inst. :
The tandem, of the stork market since our last report of
Alm ultimo has been generally upward, with a large increase
of business, panicabirly ia railrad share, in which there
has bees, for the last few days, • very active speculatioa.
This improvement in the toes of the market is attribatable
maid pto the expectation that, the proposed bens of Trea-
sury Notes by the goveronaseerbe made • Isol teed," in
thepeposat of public, and debris, will lea to a
general Edmore al mess. is also a prevalent belief
that the Dregerstioes el the government for active opera-
tion@ wins@ the meads& Slates are newly completed, and
that they will be conducted as • seek and with a degree et
new ties will Meese their ultimate moms. It is, asp*
doubtful whet Anemia memares will be abased by Cowper.
and its action co the ridded is awaited with much amiety,
bet se it is underniciad that they will wabeace a Loge
incomes of taxation, United States stocks are big** and
Arm A speculative deemed carried the wend= ide:gi
temporarily, up to 44 to 5 per cent., but it has since
to 2t to 3 per esiet.

921 ; ditto for account (Feb. 6), 93, 924 ; Bank
Stock, 240 k, 242 ; Three per Ossitk. Reduced, 920,
; New Three per Conte., 921, f ; Thirty Years
Annuities, 1886, 15 9-16, 4 ; India Stock, 226, 224 ;
ditto Five per Cent. stook, 1061, 1061, 104 ;
ditto Bonds, 26e. prem. ; Five per Cent. enfaced"
rupee paper, 101, 100} ; ditto Five-and-a-Half per
Cent., 107, 106 j.
The India Five percent. stock was steady at
1064 to 1064. The ru paper was firm.
The March Exchequer Bills were quoted 16e. to
Ps. prem., and the June 19s. to 225. pram. India
Bands were purchased at 2641. prem.
There was considerable excitement in the market
for Mexican Bonds, which experienced a greet rise.
Victoria Government Debentures were again in
demand to-day, and have further improved. The
new issue closed at 103} to and the old at 106}
to 4. The dealers appear to be oversold as regards
the latter, and to-day accordingly, were borrowers
of them. The fact of the market being bare is of
course a point in favour of the new issue.
Bank shares were steady. Oriental Bank have
improved. Bank of however, were quoted
rather lower. Austan Agricultural and
Electric Telegraph stocks were inquired for.
The closing quotations for shares in new under-
takings to-day were as follows :—Ocean Marine In-
surance, 154 to 64 prem. ; Thames and Mersey
Marine, Itto lf prem. ; Universal Marine In-
surance, 1 to lf die. ; London and Provincial
Marine, it • to it prem. ; Mercantile Fire, to
prern. ; Commercial
Union, k die. to par ;
London
and South of Ireland Direct Telegraph,
to f Prem.