The Express.
London, England, 1862-01-08 00:00:00

110NRY MARLICT.-(THIS DAI.)

Two o'Cr.oo:.
The stock markets to-day exhibit renewed sen-
sitiveness, owing to the very critical position of
the American question. The funds have fallen
per cent., speculative sales having been
induced by the tone taken by a portion
of the London press. As regards a few other kinds
lof public securities prices are slightly lower, but
there is no variation of striking importance, busi-
ness being very dull.
At Paris this morning, acoording to Mr. Rau-
tees telegram, the Three per Cent. Rentes opened
at 871 r. 95c., being sc. better than yesterday.
Consols are officially marked 921, 921, and 92,
ex div., for money, and 92 and 921, ex div., for
the account. The present quotation is 92/,
"buyers," both for cash and to-morrow's settlement.
The official business report is as follows :—Bank
Stook, 239 ; Three per Cents. Reduced, 92, 94,;
New Three per Cents., 91/, 92, 911 ; Thirty Years'
Annuities, 1885, 15 9.16 ; India Five per Cent.
Stook, 1051, 4,106 ex div.; ditto Four per Cent.
Debentures, 1864, or 1866, 99; Five per Cent.
"enlaced" rupee paper, 99 ; ditto Five-and-a-Half
per Cent., 1041 ; I:chequer Bills, March, 135.,
16s. prem. ; ditto June, 135., 16s. prem.
Foreign stocks remain dull. Mexican Bonds
are last marked 28 As regards Turkish, sales have

rather predominated, but there is not much
change in prices. The Loan of 1854 is now
quoted 79 to f, and that of 1858, 89} to 70f.
Sales are recorded as follows :—Brazilian Four-and-

a-Half per Cents., 1860, 89/ ; Belgian Four-and-
a-Half per Cents., 991 (exchange, 25fr.) ; Italian
Five per Cents., 63/, ex div. (exchange, 25fr.) ;
Mexican Three per Cents., for account, 28, k,
28 ; Peruvian Three per Cents., for account,
82 ;Portuguese Three per Cents., 1853, for account,
451, ea. ctiv. ; ditto Three per Cents., 1856, 1857,
1859, and 1860, 45, ex div. ; Russian Four-and-a-
Half per Cents., 91/ ex div. ; ditto Three per
Conte., 1859, 591 ; Spanish Three per Cents.,
; ditto New Deferred Three per Cents., 41k,
11, ex div. ; Turkish Six per Cents., 1854, 90 ;
ditto, for account, 791, 80 ; ditto Six per Ceuta.,
1868, 7011 ; ditto, for account, 701, 70, 1, 691;
ditto 1001. Bonds, 721, 73.
At a meeting to-day of the creditors of Messrs.
Benoliel Brothers Mediterranean merchants, the
liabilities were stated to be 56,684 L, and the assets
68,4151., showing a surplus. It was resolved to
wind up the estate under inspection. A large
portion of the assets are due from Gibraltar.
Foes o'Ciocx.
Consols have advanced about I per cent. since
2 o'clock ; the present quotation is 921, ex div.,
both for money and to-morrow's settlement.
The intimation in the American telegrams that
" the Senate has passed a bill devoting 1,600,000
dollars for the construction of gunboats on the
Western waters" was interpreted in many quarters
as referring to the Lakes, and as conveying a kind
of threat to England, hut it is understood that this
is quite au erroneous reading. The " Western
waters" meant are those of the Mississippi, and the
new gunboats are to be directed against the South.
Under existing treaties, we believe, neither Eng-
land nor America has the right to put war vessels
on the frontier lakes.
It appears from the American accounts that the
great English houses who trade with the States have
immediately cancelled the large grain and produce
credits which they had open on the other side. This
prudent step has caused great confusion there, and
by limiting the supply of bills, has contributed
materially to the recent rise in the exchange and to
the shipments of specie to England. At the latest
date, the New York exehange was dull at 110 k, but
specie seems to be still coming over.
The banks of New York, Boston, and Phila-
delphia hold now in the aggregate u much as
58,000,000 dole., or say 11,600,0001. sterling, in
specie, so that the necessity of any immediate
suspension of specie payments does not appear,
provided war with England be averted. The step
will be avoided as long as possible by the New
York banks, because by the laws of that State a
bank stopping payment loses its charter. The
suspension is, however, a contingency the possi-
bility of which is beginning to be generally ad-
mitted by the mercantile classes.
The steamer Jura, which is due from Portland
(U.S.) today (Wednesday), will bring advioes
to the 28th December.
Messrs. Baring Brothers and Co. have now re-
ceived Buenos Ayres Bonds of 1001., to be given in
exchange for those of 5001. that have been pre-
sented, or may yet be presented, to them. This is
a very desirable arrangement, and will tend to
popularise these bonds, of which none have hitherto
been in existence of a smaller denomination than
5001.
The amount of gold sent into the Bank yesterday
was 40,0001., making_ a total of 120,0001. since the
last return. The Kent has arrived from Mel-
bourne, in 84 days, with 422,0001. in gold, which
will be taken to the Bank. The Europa, from
Boston, has brought 21,4201.
The &deices from Melbourne mention that about
600,0001. in gold had been shipped during the
month. The bulk is probably on board the ships
Moravian, Empress of the Sea, Queen of Nations,
Monarch, and lightning, which were to leave for
England during November.
The bar silver by the Mexican packet was sold yes-
terday for India at ss. lid. per ounce. This estab-
lishes a rise of id., compared with the price ob-
tained for a portion of the previous remittance, but
in the interim business has been done at the pre-
sent quotation.
On Change yesterday afternoon there was only a
limited supply of bills on the Continent, and the
tendency of the rates was downwards, particularly
as regards paper on Paris. Subjoined is our usual
st
li :
Amsterdam, 3 months, 11.18/ to 19 ; ditto, 3 days,
11.18 to 17 ; Rotterdam, 3 months, 11.181 to 191;
Aistereep, 3 months, 25.521 to 71 ; Hamburg, ms. berm,
mouths, 13.71 to 8 ; Paris, 3 days, 25.20 to 30 ; ditto,
3 mouths, 25.521 to 71; Pranldost-on-theafaine, S months,
1181 to el Petersburg (par rouble), 3 months, 321 so 1;
el. So., Smooths, 14.45 to 55; Trivets, elf. 30.;
3 14.45 to 55 ; Madrid, 3 months, 481 to ; Cadiz,
3 mouths, 481 to 1 ; Leghorn, 3 months, 25.70 to 5;
Hews, S moths, 25.67 g to 72g Milan, 3 month'', 25.67 g
to 72i NalPtio. months, SI to g ; Pelona°, 3 mouths,
1183 to 119; Yeedm, 3 mouths, 1181 to 119 ; Lisboa, so
days. 511 to ; Oporto, 90 days 511 to 1.
At Lloyd's yesterday, although there was not
much business, war mks showed rather au upward

tendency. -
We are informed that the steamer Sumter, whose
arrival in the Mediterranean was announced yea-
' terday, is not a privateer, but a July commissioned
ship of war of the Confederate States navy.
The Liverpool cotton market yesterday showed a
tendency to fluctuation, but closed firm. The sales
were 8,000 bales.
A circular from the Great Southern of India Rail-
way Company intimates that advices were on Mon-
day received from the company's agent in India
that the line to Tanjore was opened for traffic on
Monday, Deo. 2. The length of line now in operation
(Negapatam to Tanjore) is 48 miles, and it is ex-
pected that the remaining portion to Trichinopoly
(80 miles) will be opened in February.
Messy. J. B. Schroder and Co. have announced
that the bonds of the Bay of Havana and Ma-
tanzas Railroad have arrived from Cuba, and will
be rei4 for issue to the subscribers from the 20th
to the fth inst., in payment of the remaining in-
stalment of WI. per bond.
A genera] meeting of shareholders in the City
Bank is called for the 14th inst.
astrausacoojpour;lneunmtuhtserragaseomenbetßulkruforlogot ficifinotPuceolurtcm:mteintetuirLaiwasTe:erdaurantheOrdegoembankriaied7ooo: a
Tffae:7thl:yijibili.itodioek:.
Ws are supposed to be between 25,0001. and
50,0001., aid then appear to be no amnia.