The Express.
London, England, 1862-02-07 00:00:00

ODLONIAL 00VERNIIIINT SZCIJILITI

No. II 811 9700611. (Pa 1 CL prime I Sabo.
:::: ... 66.660. 6 44.14774 1166: 1/4 110 1641
rL,... ..pro Do.iperoset.,llllll4l 100 - - -
.... .. Do. 8 per at1eb,41.4/ 100 106 106 ad 107 d
.. Do. 6 per et Mar. 11614. US 109 111
4/00,490 .. Da. 6 per cent.
•
.... .. el 0 Elopeep.a. 109 110 119 -
do. 100 110 112 -
• .. Do. do 1.191 100 110 112 -
164 .. New Bronsw.Gov.ll4.4l. 100 1041 1061 -2.
.....
.. Num. B.Wamik",el44ov..6psrp. e...., 100
199.4 110600
isq
.... .. Do. I 4 e., IWI to 111 97 26 IN
.... .. Do. Op. a, 1155 lOO 961 171 974
001
100,000 .. Nova Soolls 6p. a. 121 100 NU 1071 -
.... .. Aust•Gov. 444 100 - - ...
.... .. V 19.64 0 p.o. Ja4.19,141 100 102 10t -
.... .. Do. do. 114. a. April iO. 100 1116 101 1061 1
BRUN* mums.
No. I 11. I %Mimi. 1 N. fOL prime I Was
IPI4I /4 lei . 411,16)11i. 1 rft
ill
°I
14
111684 t - ..„
.. Cll/lord -
1.91$ .. Deo. 0. Con. (Pavielk ) 1 816 896 zd -
.. Haat /abet ,111 a)
6 74
,ICond 111448d 30 sc 301
4 .. East Cam Bros -
4.. 4.WL le ad Cfavl4 Ael AL) U. 4. .-.
51 .. II 4qa. 661 1 16 -
4 .. Grua Soak Toler
-
4 ..
4 G. ILY or ar i I se)
. KU' t e
416.4 a •
le 1 -
... Herod ►P
DDewoa
IL Us. 39 41 -
V. 14a. :I 3 -
4 . .. bob bertha L 144. -
9. .. Mike Valley
6.
.. faxelnear lehreN :1 164 4: 6 •-•
1. .. N. framer Ramps) - - -
S.. .. N. Wl. Mira) U Se ....
.. Sae* whealCrotty -
6. .. Piz Oar. (U. Meier . 11 7 81 -
1,115 U Providesse (IT. Lehirlf. 10.8.1. 41 44 -
14010 .. Ilerlddgeooe.
612 .. Oaradas 414. Ciair) ll Itt 1191 zd -
6,060 .. IL Oars arra (Illogas4 . 641a11d 8 Se -
54.900 1 11. Devoe Des i GUI.
111414. (Usa.)
610 .. W. Praasse Mora) 1/.169 111 11? L-
UG .. Park MU IN IN -
41/ 6 91.111.6411114 Q ft 11 1 -
4140 10 TIN Croft -
14000 .. Val* of Terryabiza)j 1146. - - -
4000 .. West Bare. (
14 -
LW. Claradoa ( 11 44 44 -
6600 U .
.. . Web Moe -
519 .. Wl. MUM • 61 100 1111 1041
164 .. WIL lellee • II 61 75 -
6. .. ITh. 14 ( 1§ 1,1 it -
1,0114 .. WIL [My (Oa Lobel) 1./11. 101 -
1.014 .. W•tlar. 6in(llealie4) a 1 , 6 -
Lvov .. w\TrIAIWKT 11.4.a.i 7 18 19 -
10111/011 NUMB.
No. ) 114 1 1110114. 1 P 4) OL prime.) Wee.
1140110 lii Aueadia' -
WM 1 Doe /avoid. nailed 4ll • 1 11
liose S lreslllas laal •Ma
Co (Uadted) a/ 11 11 -
94M5 1 06.09411114. Oa. Jam i -•- -
111.001 MI °oboe Copper all 112 84 zd -ad
70.005 - 1 glr
Ceppeo 116I16 6 8 -
75,003 tmenablo ell 1 -
16,000 8 gab Dal lent/idled) ; 1 1 111 pm 11
WON 9 Vortuaa 11,64.1 -
96000 10 09seral oll 23 14 -
N,OOO 1 04 Northers
de. Anairalia°(= 1 1 §pm -
88.000 11 Kapuada (Urn.) 1 1 11 eao -
16,000 1 Maras all 71 81 -
10,000 I Lablaelan -
NUM 1 limiyalla 9ll i i 1
44000 1 N. Mise Copper el 8.
Aebralla (Uwa.) . - f 1 1 dim -
10,000 IN PoelebandblverLaed all I 4 -
190,000 5 Portlsl 11 1
14
000 1 'bobtail ALMA. (UNI.I lb. 1 pea 11
i 11.000 II SZJohn del Rey (Um) 11 el -
46174 Kl/ 1741441 Medea. all 111 9 111 4
10.000 1 Wielldwg (Una -

za I ii

2r

si—

_id

MONEY MARKET.-{THIS DAL)

Two o'CLoci.
The funds are firmer to-day, and an improve-
ment of per cent. bas occurred, notwith-
standing the somewhat less favourable ap-
pearance of the money market. Engliah railway
stocks are again decidedly buoyant, particularly

Great Northern. Foreign stocks continue to
meet with a considerable amount of business and

the tendency of prices to-day is more favourable.
At Paris this morning, according to Mr.
Reuter's telegram, the Three per Cent. Routes
were quoted 71fr. 17c., being nearly i per cent.

lower than yesterday..
The scrip of the Moorish Loan is quoted 41 to
5} prem.
Consuls are officially marked 921 and 93 for
money, and 921 and 931 for the account.
The present quotations are 94 to 93 for
cash, and 93 to 1 for the 6th of March.
The official business report is as follows:
Bank Stuck, 240, 242; Three per Cents. Re-
duced, 93, 92/, 93} ; New Three per
Cents., 93, 92/, 3 ; India Five per Cent.
Stock, 1061, 1, 3 ; ditto, for account, 1063;
ditto Four per Cent. Debentures, 1864
or 1866, 991, 3 ; ditto Bonds, 26e. prem. ;
Five per Cent. " enfaced " rupee paper, 1011 ;
ditto Five-and-a-Half per Cent., 1071 ; Exche-
quer Bills, March, 125., 15s. prem. ; ditto,
June, 145., 17s. 13s. prem.
Mexican Bonds continue in great demand, and
have experienced a fresh rise, being last marked
35. Venezuela are likewise inquired for, and
have been purchased at the improved price
of 251. The Italian Loan is dulL Buenos Ayres
, Bonds have risen. The Turkish Loan of 1854

is quoted 841 to 86 ; whilst that of
1868 has improved to 754 to 76. Sales
are recorded as follows :—Buenos Ayres Six
per Cents., for account, 96, 934 ; Dutch Four
per Cent. Certificates, 1011 ; Zquador New
Consolidated, 184, 171,18 ; Italian Five per Cents.,
67, 1, 664, (exchange 251 r.) ; Moorish Scrip,
5, I prem. ; Mexican Three per Cents., 34,
35 ; ditto for account, 341, 4, 95, 344, 35 ; New
Granada Deferred, 0 ; Portuguese Three
per Cents., 1853, 464 ; Russian Five per Cents.,
99 ; ditto Four-and-a-Half per Cents.,
1860, 92f, 4 ; Sardinian Five per Cents.,
for account, 80 ; Spanish New Deferred
Three per Ceuta., for account, 434 ; ditto
Passive, 19i, ; the Committee's Certificates,
74 ; Turkish Six per Cents., 1854, for account,
84/ ; ditto Six per Cents., 1858, for account,
751, 4 ; ditto 1001. Bonds, 764 ; ditto Guaranteed
Four per Cents., for account, 1021, ex div. ; Vene-
zuela Three per Cents, for account, 251, 4, 4.

6 18E2.

The Bauk of France has reduced its rate
of discount from 4} to 4 per cent Movements
of this kind seem to be regulated in France almost
by Imperial Decree. Nothing can be more absurd
than for the Government to weaken its credit by
borrowing with one band at 6 per cent. in England,
while, with the other, it presses the rate of the
Bank of France down to 4, in order to umpire a
factitious confidence. Possibly there is a desire
to avert any action that may begin to
be contemplated by the Bank of England. Mean-
while it is said that the private subscription for
participation in Messrs. Baring's loan is tilled. It
is not yet known for certain whether the amount is
4,000,0001. The instalments are to be paid as
follows : 30 per cent. on the 14th inst., 40 per
cent. on the 21st, and 30 per cent, ou the 28th,
with 2} per cent. discount for payments in advance.
The rate of interest is 4 per cent , with per cent.
commission, which, for three months, is at the rate
of 6 per cent. per annum. What amount will go
out in gold is not known. There seems to be
little advantage in lending money to the French
government at 6 per cent. on the Rentes, when
10 to 12 per cent. can be obtained on the Bourse,
and the very fact that such high rates are current
there serves to show that the government operations
directed to bolstering up prices provoke a con-
siderable supply of stock from bond fide sources.
No one doubts that, as soon as the inflation initiated
by the government ceases, the price will fall.
The announcement of the French government
loan has caused holders of money to demand
higher rates. In the open market 2j to 2} per
cent. were the terms yesterday for choice bills. At
the Bank of England the applications were to a fair
extent and of an improved character. The effect
was likewise felt in the Stock Exchange, where the
advanced rate of 2 per cent. was obtainable for
loans on English Government securities.
£7,000 in foreign gold coin was withdrawn from
the Bank yesterday for the Continent.
The Liverpool cotton market remains firm. The
sales yesterday were 7,000 bales.
The annual meeting took place yesterday of the
proprietors of the Loudon and County Bank. The
operations during the past half-year have been very
satisfactory, the net profit, including 19,4731.
brought forward, being 63,2031. The usual half-
yearly dividend of 6 per cent was declared, besides
a bonus of 2} per cent, free of income tax, leaving
20,7031. to be carried forward. The report
announces the proposed issue of 5,000 additional
shares, to be offered pro rata amongst the proprie-
tors as they appeared iu the company's register on
the 27th ult. The shares are to be issued at 301.
each, or 101. premium, which is to be paid by in-
stalments. This measure will produce 150,0001.,
out of which it is proposed to add 100,0001. to the
capital stock of the company, and 50,0001. to the
reserve fund, thus raising the former to 600,0001.
and the latter to 175,0001. The report, which was
received with great satisfaction, was unanimously
adopted.
At the meeting "yef terday of the Electric and
International Telegraph Company, a dividend of
per cent, was dec for the half-year.
Four gentlemen, of many years' experience in the
great carrying establishments of this country have
been appointed by the Indian Carrying Company
to proceed next month to their respective destina-
tions, der-, Calcutta, Madras, Bombay, and Allaha-
bad . It is expected that active operations will be
commenced before the end of the year.
The Midland Railway traffic return shows this
week a decrease of 2,3781. ; the Manchester, Shef-
field, and Lincolnshire a decrease of 1,734/. ; the
North Eastern a decrease of 3,7941. ; the London
and South Western an increase of 5811. ,• the
Great Northern a decrease of 2,3521. ; and the
Great Western a decrease of 9781.
The half-yearly meeting of the Norfolk Railway
Company is called for the 28th inst.
The final instalment of 21. is to be paid on the
shares in the Bedford and Cambridge Railway
Company by the 15th March.
The annual meeting of the Berlin Waterworks
Company is convened for the 20th ins:.
It is stated that the India Freehold Land Colo-
nisation, Trust and Agency Association has been
liberally supported in Manchester and other parts
of the manufacturing districts.
The position of the market for American securi-
ties is noticed as follows by Messrs. D. Bell, Son,
and Co. :
Durim, the past week there has been an active demand
for American securities. The Federal and State stocks re.
main at about previous quotations, whilst the First Mortgage
Railroad Bonds have been much inquired for, and prices
have generally advanced.
The follosilug is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales ;
At the third series of hide sales for the year, although
the quantity offered was smaller than at the two previous
sales, only a limited demand was experienced for both dry
and salted hides, the home trade and exporters buying
aPariaillYe

East India.—Ox and Cow.—Calcutta were only in limits&
request, slug* partite of the gnutity offered being bought
in. Prase far good to prime bides were generally without
much alteratioe, but upon middling and common quailing
• fall of fully gd., and in some instances Id. per lb. teak
place. Both the home trade and exporters bought vary
sparingly. Neches, 9c.—.The few offered realised late rates.
The analysis of the sake is 88,613 Calcutta new parcel..aa
an
22,632 brought forward from former sake,d 1,176
to ; in all 111,851 hides, of which 82,090 were sold.
East ledia.—Buffalo were dull of sale, particularly the
Calcutta, which were mostly bought in.
Leather.—East Indian was in fair request and sold well.
Australian realised fully last sales' prices to an advance al
gd. per lb., which was obtained upon a parcel of prime
Batted Bides.—Australian were dull of sale, and wen
meetly bought in. Those sold consisted chiefly of let light
and seconds, which brought about late rates to a decline
gd. per lb. ('ape were in better request, and sold at fall
prices. South American were all bought in. Falkland
Island were well competed for and realised toll prime.
Newfoundland all sold.
Dry.—South American were nearly all bought in, the
few sold consisting of tad cluesand wet.
The return of the Bank of England for the week
ending Feb. 5, compared with that for the pre-
vious week, shows the following changes :
Circulation issue
Circulation active
Public deposits 5,788,441 Increase 35,378
Other deposits
Government securities in
banking department
Othersecurities banking
department
Coin and bullion in both
department. 15,956,903 Decrease 321,466
Seven day and other bills 692,899 Decrease 19,292
The Rest

Notes in reserve
Total veer►e (notas &oda)
in banking department 9.872,1413 Daemon 586,9*
These changes point clearly enough to an increase
in the demand for money. The private deposits
have declined, the private securities have increased,
mid the falling off in the reserve is considerable.
The shipments to the Continent are likewise telling
upon the bullion.

BANK OF LVOLAND.—An Ac
end 13th Vic., c. St. foe the we

MON DEN
Notes 'mud Z29,70,000 I

A 19,766,080
BAIIIOIO LI
Proprietors' Capital LAW=
Rest 1096.343
Public Deposits (in-
eluding Bathes.,
Bar. Basks. Com-
mis. of Neil 1

nt pnrsnent to the Aet TR
ending on WeJnesday. Pah.

s.;;;;inent debt 411,01411 S
Other aecatitles.. 3,634.9111
Gold coin and bnl-
, lion
Sneer bulllon

Government Seen-

C 10,766,1116

rltlea ((including
Dead Weight An-
nutty)
Other lieeartties 17,MM/a

Accts.)
Other Deposita—
bevels day sad other
Dille MON

044 sad Silver
Coln MASS