The Express.
London, England, 1855-11-09 00:00:00

MONEY MARIBT-THIS DAY.

Two Wthocz.

The English stook market to-day has risen I per
mat., purchases preponderating. Consols for the
Bth of December have touched 89 to I, and are
now quoted 881 to 89. For money, the quotation
is 88! to;. The Three per Cents. Reduced have been
dealt in at 871 to 881; the New Three per Cents. at
88i to i ; Bank Stock at 207 to 208; Exchequer
Bonds at 981 to i i Exchequer Bills at 7s. din ; and
India Bonds at 2e. din

Turkish Six per Cents. have improved to 791 to 1.
and the New Four per Cent. Loan, to 2t to 2} db.;
Spanish stooks are also better, the Defined Three
per Cents. marking 20 to t ; the Passive Bonds 13} to
8} ; and the Committee's Certificates, 41 to
41 per cent.; Mexican is quoted 191 to 1 ; and
Russian Five per Cents., 96 to 98; Austrian
Old Five par Cents. have been dealt in at 87t
(ex. 106.); Dutch Two.aud-a-Half per Cents. at 831;

Russian Boar-and-a-Half per Cents., at 86 ; Sardinian
Five per Cents. at 86; Peruvian Four-and-a-Half per
Cents. at 76; Granada Active Bonds at 20 ; ditto
Deterred at 7}; and Brazilian Old Five per Cents.
(small) Bonds at 100. _ .

The completion of the settlement of the monthly acr.
count in Consols proves beyond a doubt that the public
have effected a farther considerable absorption of stock.
The recent decline in prices has evidently induced a
large number of bond fide purchases, in addition to
those usually made in anticipation of the halfiearly
dividend. This demand from the public the Stock
Exchange dealers are believed to have met in
great part by supplies of stock borrowed from
banking sources. As a set-off, however, against
this borrowed stock, it is computed that

the dealers together hold nearly five millions ;
of the omnium of the late loan of 16,000,0001. Upon
this loan two instalments of 10 per cent., or
1,600,0001. each, remain to be paid, one on the 20th
instant, and the last on the 18th of December. As
the holders of omnium will also receive, on payment ,
of the last instalment, the stack and annuities repre•
sentsd by the original deposit of 10 per cent., it is
evident that a fresh creation of no less than 4,800,0001.
Consols has to be made within the next six or seven
weeks, minus such portion as may already have been
paid up in advance. Owing to the demand for stock
foe transfer on the part of the public, it is expected
that the dealers will pay up the amount of caesium
held by them prior to the shutting of the transfer
books on the 7th :of December, thus, for
the sake of obtaining the stock, anticipating
by • few days the period find for the final instal-
ment. If this exposition of the state of the market
be correct, the result stands thos : The Stock Ex-
change dealer have borrowed stock largely from the
banks, which stock the banks are of course at liberty
to withdraw ; but, is against these lone, the dealers
havesecured their position by holding large amounts
of onsninm, which, by paying up, they can at any
time convert into Consols. It is a question of interest
as to how far the banks will be compelled eventually
to sea the stock which they have hitherto lent
in the market. Were such sales to be largely effected,
induced by a renewal of pressure in the money market,
this supply, coupled with the fresh creation of Con-
sols from the loan, may render stock much more
abundant in the market at the end of the year, the
more especially as it is believed that the government
loan to be announced early in 1856 must be larger
than that of 1855. Let it be remembered, however,
that these remarks upon the probable supply of stock
partake greatly of the nature of estimate, whilst the
large absorption by the public is an incontrovertible,
fad.
_ _ _

The market for Amerioan stocks is reported by
Messrs. D. Bell, Son, and Co. as quiet, with only a
limited basinem
The receipts of the Antwerp and Rotterdam Rail-
way last week were 8981., showing a further diminu-
tioe.
The receipts of the Stockton and Darlington Rail-
way for the month of October were 28,0091, being
2,9811. more than in October last year.
The first dividend, amounting to 3 per cent.. for
the year ending the let Sept. last, is to be paid on
the itrai of the Norwegian Trunk Railway, on the

Ist Dee.
The Malacca has arrived at Gravesend from Ade-
laide, whams she sailed as far back as the 16th May.
Tkis vessel has on freight only 7,298 ounces of gold,
worth rather lees than 30,000/., which will be in
hand to-morrow, but has already been sold for expor-
tation.
The Vectie has taken out 35,6871. in specie for
Lisbon and Cadiz.
The amount of bills drawn by the East India Com-
pany on India by the mail about to leave is only
10,9731.

TIIIMIDAY EVICNING.

The English funds to-day eiierleiiedlitliefitio-
tuation remarkable steadiness prevailing, especially
in the ;Reroute. The closing quotations were about
1 per cent. above thou of yesterday.
The applause, of the money market today was
less favourable, especially in the afternoon, an active
demand being experienced in Lombard-street. In
addition to the instalment of 10 per cent. falling due
on the British loan of 16,000,00 W. on the 20th inst.,
a payment of 15 per cent., or 750,0001., is to be
elected en the Turkish loan on the 23rd.
Consols for the 6th Dec. were first marked 881,
and, after receding to sal to 1, had advanced at the
close to 881 to 1. For money the final quotation
may be given at 881. The " contango " for the De-
cember account declined this morning to to 3-16
Per cent., but was a shade heavier in the afternoon.
Upon the " New Three per Cents." money was offered
at 4 per cent. until December, this stock being
comparatively more abundant in the market than
Consols, which remains the favourite with the in-
vesting public. The official business report is as
follows:—Three per Cent. Console. for money, 88#,
I,ditto, foe amount, 6th December, 81_31, 4. 1. e.
Three per Cent. Reduced, 871, 1. New Three
per Cents., 881, 1, 88, 881. Long Annuities, ex-
piring in January. 1860, 3 7-16. Thirty Years
Annuities, January, 1860, 3 11-16. Thirty Years
Annuities, April, 1885 (New Loan), 161. Batik
Stock, 208. Three-ands-Half per Cent. Exchequer
Bonds, falling payable in 1858 and 1859, 961, 1.
Exchequer Bills were again rather firmer, at 6s. to
2s. die. India Bonds also ruled at 6s. to 2e. din.
Exchequer Bonds have improved, closing at 981 to 1.
Foreign stooks were quiet. The chief feature was
a good demand for Spanish Passive Bondy, which are
marked as high u 6. Dutch Four per Cents. were
quoted about 1 per cent. better. Turkish securities
closed per cent. higher than yesterday,
the Six per Cents. at 791 to 1, and the
New Four per Cent. Guaranteed Loan at 21
to 21 die.

MINES'.-THIS DAY.

Two o'CLoom.

The Gold Mining shares remain quiet
Linares Mining shares hays been dealt in at 71 to
1; Cobre Copper, at 661; Imperial Brazilian, at 21.
Annexed is the Mining Exchange official list of
yesterday's sales:
Alfred Console, 17, 18, 181, 191. 141, 18; Devon Boller
21, ; But Boller, 81, 1; Garreg, 6i.; Great B:rtridge,
9a.; Lady Bertha, '24a., 261_. •, North Kookier, 60, 61};
Padua. 281., 301, 281.; Booth C'.dorrow,
6; South
Taigas, Th. 80 ; Bortrldie Console, 61, 1; Tavy Commie,
I; Tiaeroft, 31,1,13 16; West Coliacombe, 1,1; Wheal
omen* 3.

The following appear es an advertisement in the
calawas of oar daily ociatuipseartes :—" The wafortsset•
victims of the disorderly mob of mega, bad *hamsters,
mad sewn be r, esessabied to Nydelark ea Bawds, last,
easeesidy lIMISii the seroposaties of all respectable pumas
fee al sapprewisa of this latest:ale salon" by erratic/
sad heading over to the pollee all wisoldeveas meows who
say be Sewed la the park is lkaday newt, Nov. 11."