The Express.
London, England, 1855-04-25 00:00:00

In the discount market money continues extremely
abundant, and the tendency of rates is downwards.
An impression prevails in many quarters that the
Bank of England will find it imposible to maintain
its present rate of discount. The deposit of 10 per
cent. on the loan, amounting to 1,600,0001., was paid
to government by the Messrs. Rothschild on Friday
Aut. There will thus be no further demand on the
market from this source till the 22nd of May, when
a payment of 15 per cent., or 2,400,0001., becomes
due, and the first issue of new stock, of correspond-
ing amount, will take place.
Consols, which closed yesterday at 881 to 89,
opened this morning at 881 to I, recovered to 891 to
, relapsed to 89, and were last quoted 89} to 1 for
money and the 10th May.
Business is also recorded in the newly created 30
years annuities at 16 3-16 per 11. annuity, and in the
omnium at 1, f, and prem. The closing quotation
of the omnium was 1 to t prem., this security being
bought to some extent en banking and other account
against sales of Consols.

...
In the foreign stock market the movement con-
tinues mainly confined to Turkish, which, after fall-
ing to 73, closed at 73: to;, or about a per cent.
lower than yesterday. _ _

On 'Change this afternoon there was more demand
for foreign bills than has been noticed for some time
pay, and the tendency of the rates was consequently
less favourable, but the actual change was unimport-
ant. In the case of Vienna and Trieste the rates
ruled at 12.43 to 60, owing to the unsatisfactory
aspect of poli!ice.
At present rates of exchange there is no demand
for gold for exportation to the continent, and any
arrive!' of the precious metal will be sent into the
Bank. - - - -

The amount of bills drawn by the East India Com-
pany on their respective presidencies, from the 9th
to the 24th inst. (this day), is as follows:
£ s. d. Rate of ll:change.
Bengal .... 6,171 0 4 l 2.. Id. per Company's rupee.
Mathis .... 4,015 811
Bombay.... 212 10 0 2s. lid. per ditto.

Total
A call of 25 francs, or 11. (making 131. paid), is to
be paid on the constituted shares of the Great
Luxembourg Company by the Ist Jane.
The numbers are published of 58 bonds, represent-
ing an aggregate of 9,7001., of the Peruvian Three per
Cent. loan (converted in 1853), which have been can-
celled by the sinking fund.
We are indebted to Mr. G. E. Seymour, of Throg-
morton-street, for the following useful table, which is
put forward as a guide to the proportionate values of
the Console and 30 years Annuities, constituting
together what is known as the " omnium " of the
new loan. Mr. Seymour remarks :
The subjoiued memorandum is prepared u a guide to the
valuation of the new loan, which consists of 100 Console
with a 30 years' annuity of 14s. 6d. for every 1001. sterling,
The 30 years' annuity of 14s. 6.1., valued at 13/., gives
171. 18.. 7d. as the value of an annuity of 11. for 30 years.
The latter, i e.,11. annuity for 30 years, is marked in the
official list to-day at 16 3-16. which, it will be seen on refe-
rent* to the memorandum at Lot, leaves the Consols of the
I,an at 881. be. 41. per cent.
Ezample.—A holder of 1,0001. omnium is entitled to 1,000
Console in addition to an annuity of 71. Ss. Therefore, it be
sells the 71. Ss. annuity at the rate of 16 3 16, which would
produco 1171 64. Bd., he remains a holder of 1,000 Cocsols
at 881.5.. 4d. per cent.

t 100 OfolgUtll