The Express.
London, England, 1862-04-04 00:00:00

MONEY MARKET.-(THIB DA}.)

Two o'CLocz.
The funds to-day are fairly supported at yester-
day's prices. The amount of business is very mode-
rate. In the market for English railway stocks
there is no variation worth mentioning. Foreign

bonds are generally dull.
At Paris this morning, according to Mx. Reuter's
telegram, the Three per Cent. Iteutes opened at
70fr. 15c., being rather more than per cent. better

than yesterday.
The scrip of the New Turkish Loan is quoted
21 to 21 prem.
Consols are officially marked 94 and 931 for
asesey, and 94 and 94 for the account. The
presont quotations are 931 to 1 for cash, and 94 to
94 for the 10th of April. The official busi-
ness report is as follows :—Bank Stock, shut ;
Three per Cents. Reduced, 921, ; New Thee
per Cents., 921, 1 ; India Stock, 296 ; ditto
Five per Cent. Stock, 106 f,l ; ditto Four per Cent.
Debentures, 1864 or 1866, 1001 ; ditto Bonds, 255.
prem. ; Four per Cent. " enfaced" rupee paper,
911 ; ditto Five-aud-e, Half per Cent., 1081 ;
Exchequer Bills, 18e., 21s. prem.
There is a further decline in Mexican Bonds,
which are last marked 341. Venezuela are flat,
and Italian Five per Cents. steady. The Turkish
Loan of 1854 is dull, at 831 to 84, and that
of 1858, at 701 to 711. Sales are recorded as fol-
lows:—Brazilian Five per Cents., 1839 and 1859,
for account, 99/, ex div. ; Dutch Two-and-
. a-Half per Cents., 641, (exchange 126.) ;
Equador New Consolidated, 14 ; Italian Five
per Cents., 661 (exchange 25fr.) ; Mexican Three
per Cents., 34/, 34 ; ditto for account,
34, 1; Peruvian Four-and-a-Half per
Cents., 971 ; ditto for account, 98 ; Russian Five
per Ceuta, 100 ; Spanish New Deferred Three
per Cents., 431, 1 ; ditto for account,
434 * • Turkish Six per Cents., 1854, for
account, 841 ; ditto Six per Cents., 1858, for
account, 711, 703 ; ditto Guaranteed Four per
Cents., 1021 ; Venezuela Three per Cents., for
account, 24.
About 36,0001. in gold was taken to the Bank

yesterday.
The Liverpool cotton market yesterday was
strong. American sorts were quoted Id. higher
than on last Friday.
The Board of Trade returns for the month of Feb-
ruary indicate a continuance of great dulness in the
export trade, for although the shipments of home
produce and manufactures for the month
8,320,059/. —were nearly the same as in Feb., 1861,
the decrease, compared with Fob., 1860, is about
22 per cent. In like manner the exports for the
two months have been nearly on a par with those
of last year, yet are 16 per cent. below those of
1860. The heaviest falling off is still in cotton
goods and yarn, while some articles used for war-
like equipments exhibit a partial increase.
By &deices from Charleston, received yesterday,
it appears that the stone fleet, sunk with the view
of impeding the passage to that city, was being
rapidly washed away, the harbour being filled with
the timber from the sunken vessels.
The Eastern Counties Railway traffic return
shows this week a decrease of 3,127/. ; the Great
Northern & decrease of 2,421/. ; the Midland a de-
crease of 3,5121. ; the Great Western a decrease
of 2,564/. ; the North Eastern a decrease of
3,8611. ; the Manchester, Sheffield, and Lincoln-
shire a decrease of 2,624/. ; and the London and
South Western a decrease of 3,997/.
Applications are invited for an issue of 1150001.
perpetual 7 per cent preference stock of the Deme-
rara Railway Company. This undertaking hasalways
enjoyed the strong support of the colonial legis-
lature. From lack, however, of the original
capital, it became necessary years ago to obtain
loans from the colony, which, by an ordinance of
the legislature, has surrendered to the company
the debt due from them on condition that the rail-
way should be completed to Idahaica at the esti-
mated coat of 30,0001. This liberal concession
places the company in a much more favourable
position. The proposed issue of 115,0001. will
suffice to finish the line, and to clear off the de-
benture debt and all other claims against the com-
pany. The traffic is steadily increasing. The new
stock is to be issued in certificates of 201. each with
Si. paid.
The annexed memorandum is from the Oriental
Inland Steam Company :
Advice' from Kurradue announce the arrival of the
Oriental Inland Steam Companfe steamer Indus at Goal-
tan, on her second voyage from Kurrachee, with two barges
is tow, in 18 days from Kurrachee and 15 days from Koine.
The Indus Flotilla Company's steamer Stanley is also mid
to have gore up with owe barge from Kotree to Radian
in 25 days. It is further stated that the Oriental inland
Steam Company tun made arrangements for extending their
navigation up the Sutlej to Ferozepute, in conjunction with
the governmeat, to carry goods up the Indus to Kalibagh.
from wheals a road is immediately to be made to give
facility of communication with Palmer=
We are informed that an influential board is
being formed in Calcutta for administering the
affairs in India of the India Freehold Land, Trust,
and Agency Association.
The agitation amongst the insurance interest
with regard to the storage of American well-oil in
the port of London continues. The attention of
government has been drawn to the matter by a
deputation composed of the secretaries of some of
the principal insurance offices, who have waited
upon Sir George Grey. This minister, after hearing
the representations made to him of the inflamma-
ble nature of the oil, promised to give the subject
due consideration. It is not stated whether the
deputation offered any practical suggestions calcu-
lated to obviate the evil apprehended, but it is •
singular and fortunate coincidence that, at the mo-
ment when the insurance interest are becoming so
anxious upon the matter, a company—The London
Sufferance Wharf Company—is in course of organi-
zation, which proposes to construct, in an unobjec-
tionable locality, the exact sort of warehouse
accommodation required for this new and growing
article of import. We are informed that • sketch
of the company s premises has been recently shown
to the Lord Mayor and other competent authorities,
who have expressed approval of them.
The position of the market for American sem-
Mica is noticed as follows by Messrs. D. Bell, Son,
and Co.
During the pert week there has been altogether lees acti-
vity in the market for American securities, and prices re-
main without material change.
The return of the Bank of England for the week
ending April 2, compared with that for the pre-
vious week, shows the following changes :
Circulation issue
Circulation active
Public deposits 8,456,468 Increase 43,193
Other deposits
Government securities in
banking department -. 11,393,928 Isaias. 500,686
Othersecurities in banking
department
Coin and bullies in both
department' 16,849,193 Increase 36,395
Seven day and other bills 676,220 lemmas 58,386
The Rest
Notes in reserve
Rankin{
Total reperveoucein
in tl. 10,673,818 Decrees, 592,150
The increase of 500,6861. in the government se-
curities has been occasioned by some arrangement
between the Chancellor of the Exchequer and the
Bank. The " other " securities have also increased,
owing to the improved demand for money at the
turn of the quarter. The addition to the private
deposits is probably referable to the new Turkish
loan. The balance at the iredit of government is
almost stationary, but considerable disbursements
must have been made on their account. The result
of these changes is a decrease of 592,1501. in the
reserve. The coin and bullion have not increased
much, coin being absorbed in the government pay-
ments.