The Express.
London, England, 1862-05-07 00:00:00

MONEY MARKET.-(THIS DAY•)

Two &Cwt.
The funds to-day are rather Sat. A decline of
per cent. has taken place in Consols. The adjust-
ment of the monthly account continues to engage
attention. There is no change in English railways.
Belgian have again fallen considerably.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Bente, opened at
71fr. 05c., being sc. better than yesterday.
Turkish Loan Scrip is quoted 21 to 3t prem. ;
Egyptian, 11 to 2 prem. ; and Rusaian, to

prem.
Console' are officially marked 931, 94, and 931
for money, and 931 and / for the account (May 8).
The present quotation is 931 to both for cash and
to-morrow's settlement. The officialabusiness report
is as follows :—Three per Cents, Reduced, 92, 1,
911 ; New Three per Ceuta., 92, 1, 911 ; India
Stock, 229; ditto Five per Cent. Stock, 109, 1;
Four per Cent. " enlaced " rupee paper, 911 ; ditto
Five per Cents., 1031 ; Exchequer Bills, 18s., 21s.
prem.
The fluctuations in Spanish Certificates con-
thine ; transactions have taken place between 9
and 10, and the last recorded are at 91. The Turkish
Loan of 1858 is supported at 71 to 1, while
that of 1854 is somewhat weaker, at 801 to
811. Italian Five per Cents. continue in demand.
Sales are recorded as follows :—Brazilian Four-
and-a-Half per Cents., 1852, 1858,1860, 93 ; Egyjr
tian Seven per Cents., 21, 2 pram. ; Italian
Five per Cents., 71, 1 (exchange 25f r.);
Mexican Three per Cents., for account,
311 ; Moorish Five per Ceuta, 911 ; Portuguese
Three per Cents., 1853, for account, 451,
; Russian Four-and-a-Half per Cents., 91;
ditto Three per Cents., 18159, 591 ex div. ;
Spanish Passive, 191 ; the Committee's Certifi-
cates, 10, 9, 1 ; Turkish Six per Cents., 1864, for
account, 801; ditto Six per Cents., 1868, for ac-
count, 711, 71 ; ditto 1001. Bonds, 721 ; ditto Six
per Cents., 1862 (scrip), 31, 21 prem. ; ditto paid-
up Scrip 701, 1.
The shares of the new London and Brazilian
Bank are quoted to-day 2to 21 prem.
About 3,0001. in gold was bought by the Bank
yesterday.
The Australian advices announce the shipment is
England during the month of 532,0001. in gold,
making the total on the way hither 800,0001., in-
clusive of 268,0001. previously reported, and still
at sea.
The Continental exchanges yesterday afternoon
were tires,
in and in several instances the tendency
of the rates was rather in favour of this country.
Subjoined is our usual list :
Amsterdam, 3 months, 11.18 to f ; ditto, 3 days,
11.151 to 16 ; Rotterdam, 3 mouths, 11.18 to jam,
Antwerp, 3 months, 25.47521 ; Hamburg, ma.
three mouths, 13.81 to e ; Sdays, 25.25 to 30; ditto,
3 mouths, 25.471 to 62e ; F ort-ou-the-Maine, 3 months,
1191 to e ; Petersburg (per rouble), 3 months, 34 to 1;
Pianos, eft. do., 3 months 13.30 to 45 ; Trieste, elf. do
3 months, 13.30 to 45; Maarid, 3 months, 491 to I ; Mir,
3 mouths, 48j to 49 ; Leghorn, 3 months, 25.60 to
Genoa, 3 mouths, 21.55 to 60; Milan, 3 mouths, 25.65 to
d 052) Naples, 3 mouths, 39f to ; Palermo, 3 meths, 819*
to ; Messina, 3 mouth; 1191 to j ; 90 days,
to j ; Oporto, 90 days, 521 to 63.
A circular, just 'aimed, announces the failure of
Mr. J. G. Vallentin, merchant, of Cullum-street,
" in consequence of the non-arrival of anticipated
remittances." The liabilities are computed at about
200,0001. It is hoped that the liquidation will be
of a favourable character, although the firm have
sustaiued very heavy losses in Americo, through
the depressed state of trade as well as by their
shipments to Europe. The operations of Mr.
Vallentin were chiefly in connexion with the hide
trade. The accountants employed are Messrs.
Coleman, Turquand, Youngs, and Co.
The bills have also been returned of Messrs.
Hill and Ledger, wholesale and export oilmen, of
Creechurch-lane. Their liabilities are understood
to be considerable, but so, it is dated, are their
assets.
The new London and Brazilian Bank (Limited)
has been received with great favour. The payments
to the bankers yesterday amounted to 40,0001., re-
presenting applications for 18,000 shares, while the
entire capital of the bank consists of only 10,000
shares. This is irrespective of the amount sub-
scribed for prior to the issue of the prospectus. It
is expected that the list will be closed almost im-
mediately.
The final calj of 1/.. isto be paid on the Redeem-
able five per cent. Guaranteed shares of the South
Yorkshire Railway Company by. the 2nd of June.
The annual meeting of proprietors of the lonian
Bank will be held on the 13th of May.
The annual meetiing of the Wellington Annuity
and Life Assurance Sotdety was held on the Ist
inst. It appear.ed from the report that 422 policies
were issued during the year 1861, for assurances of
132,9811., and producing in annual premiums
4,1251. ss. 9d.
Mr. Robert Ferrel, for 24 years connected with
the National of Ireland Insurance Company, has
been appointed resident secretary in Ireland of the
Queen Insurance Company. rners. John and
H. T. Walsh are the Irish local managers of the
company.
Mr. E. W. Edwards has been appointed official
liquidator of the Compressed Coal Company (Li-
mited), which has been ordered to be wound up by
the Court of Bankruptcy.
A telegram from Almeria, dated Monday, states
that the Peninsular and Oriental Company's
steamer Masan* Captain Bowen, from Southamp-
ton to Alexandria, had got on shore near Adra,
but came off again without damage, and p
for Malta.

INIESDAT EVENING.
Consols, which closed yesterday at 931 to
94, both for money and Thursday's settlement,
opened and closed to-day at the same quotation.
The official business report is as follows :—Three
per Cent. Consols, for money, 931, 94, ; ditto,
for account (May 8), 03k ; Bank W.A., .IZB, 236
Three per Cents. Reducedly92, ; New Three per
Ceuta., 92, 1,91 i, 92i, 91 ; Now Two-aud-a-Half
per cents. , Thirty earn Annuities, 1885,
15 3-16 5-16 ; India Stock, 2261 ; ditto Five per
Cent. Stock, 1081, 109 ; ditto Four per Cent. De-
bentures, 1863, 1031 ; ditto 1864, 100/ ; ditto
Bonds, 275. prem. ; Five per Cent " tafaced"
rupee paper, 103} ; ditto Five-and-a-Half per
Cent., losi,
All Indian government securities were very firm,
owing to the favourable nature of the financial ad-
vices from India. The Five per Cent. stock rose
1 per cent, closing at 109 to India Bonds were
I quoted 275. to 30s. prem., and Exchequer Bills 19s.
to 225. prom., being Is. higher.
In the foreign stock market to-day the principal
movement was again in Spanish Certificates, which
have experienced a severe fall.