The Express.
London, England, 1862-04-05 00:00:00

MONEY MARKET.-{THIS DA!.)

Two o'CLocu.
The funds to-day were very steady, 'at yester-
day's prices. In the other markets dulness pre-
vails. There is a fall in several foreign stocks, and

English railway sham likewise exhibit a drooping

tendency.
The scrip of the New Turkish Loan has declined
to 12 to 22 prem. That of the Egyptian Loan is
quoted 2to prem.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Routes opened at
69fr. Wm, being Sc. lower than yesterday.
Consols are officially marked 932 and 94 for
money, and 94 for the account. The present quo-
tation is 9n to 94 both for cash and the 106 inst.
The official business report is as follows

Bank Stock, shut ; ditto, for aocount, 237 ;
Three per Cents. Reduced, 921; New Three
per Cents., 92j, ; India Five per Cent.
Stock, 108/, 1 ; ditto Bonds, 25e., 28s.
prem. ; Five per Cent. "enlaced" rupee paper,
103 ; ditto Ave-and-a-Half per Cent., 1081 ;
Exchequer Bills, 18e., 21s. prem.
Foreign stocks are declining, owing partly
to the introduction of new projects. Mex-
ican Bonds have fallen considerably,
being last marked 331. Turkish have de-
clined about per cent., the loan of 1864 being
now quoted 831 to 3 ; and that of 1858, 701 to / ;
Venezuela Bonds are dull, and Moorish Scrip firm.
Sales are recorded as follows Brazilian
Five per Cents., 1839 and 1859, 100,
ex div.; ditto Four-and-a-Hall per Cents., 1868,94;
Chilian Six per Cents., 1011 ; Mexican Three per
Cents. for account, 341, 331 ; Moorish Scrip,
pram ; New Granada ex overdue Coupons
and Hectares, 101 ; ditto Two per Cents.
281 ; Portuguese Three per Cents., 1853, 481 ;
Spanish Passive, 191 ; the Committee's Certifi-
cates, 7, 61; Turkish Six per Cents., 1864, for
account, 831 ; ditto Six per Cents., 1868, for
account, 71, 701, ; ditto 100/. Bonds, 73, 711;
Venezuela Three per Cents., for account, 23/, 24.
HALr-pAar Two o'Czocx.
Consols are still quoted 93/ to 94, both for money
and the account.

The prospectus of the expected Egyptian go-
vernment Loge has been issued. The amount
is 1,811,0401. -sterling, to be issued in Seven
per Cent. Bonds, representing 2,196,200/., at
82 per cent. There is an accumulative sinking
fund, by means of which the Loan will be re-
deemed in 30 years. There will be half-yearly
drawings, and the bonds will be paid off at 100.
The agents in London are Mews. Frahling and
Goechen, and the brokers are Messrs. Laurence,
Boa, and Pearce. The principal features of this
Lean are the high rate of interest, the low price of
issue, the special sanction which the Sultan has
given to the operation, and the large amount of
wholly unencumbered revenue which is assigned for
its security. The special hypothecation consists of the
revenue of the Delta, which amounts to upwards
of 600,0001. • year, and is paid with great regu-
larity, while the Loan, including interest and
sinking fund, will require only 176,0001. The
total revenues of Egypt reach 4 millions sterling
• year, irrespective of the tribute to the Sultan,
and the country is free from Boating debt and from
a paper currency. Subscribers may pay up in full
at once, and receive 7 per cent interest. With
these advantages it is believed that the Loan will be
instantly and eagerly taken up.
The final instalment of 20 per eent. falls due on
the Moorish Loan of 426,0001. sterling on the 10th
inst.
About 36,0001. in gold was bought by the Bank

yesterday.
The Hammonia, from New York, has brought
20,0001. in specie for England, and 27,0001. for
Hamburg.
The foreign exchanges yesterday afternoon were
generally steady at the rates of Tuesday. Sub-
joined is our usual list :
3 months, 11.181 to ; ditto, 3 days,
11.16' rtrclalll7 ; Rotterdam, 3 mouths, 11.188 to I
Antwerp, 3 months, 25.52 g to 5 ; Hamburg, ma. beam,
three month 13.81 to I ; Paris, 3 days, 25.30 to 5 ; ditto,
3 months, 25.50 to 5 ; Frenkfortea-the-Maine, 3 months,
1181 to 119 ; Petersburg (per rouble), 3 months, 321 to I ;
Vienoa, eff. 80., 3 months, 13.95 to 14.00 ; Trieste, if.
3 m0nt1a5,13.95 to 14.00 ; Madrid, 3 months, 48j to 49 ; Cadiz,
3 months, 48,1 to ; Leghorn, 3 months, 25.50 to 55 ;
Gap% S months, 25.50 to 65; Milan 3 month; 25.50 to
55 i Nees, 3 months, 391 to 401 inowillw.l39
to ; emu, 3 months,
_l2O to h ; Lisbon, 90 days Olif
to 63 ; Oporto, 90 days, 53 to i•
A small amount of Mexican dollars on hand is
the market were sold yesterday at 58. 011 per
ounce, showing a rise of id.
At Paris the rate of discount in the open market
is 31 per cent. (the Bank rate being 31) ; at Vienna,
5 ; at Hamburg, 21 ; at Amsterdam, 3 ; at Turin,
5 ; at Brussels, 3 ; at Frankfort, 2 ; and at Berlin,
21 to 3 per cent.
The Liverpool cotton market yesterday was very
firm, and the sales have increased to 8,000 bales.
Telegrams from Alexandria mention the destruc•
tion, by fire, of the Ocean Chief, at Bluff Harbour,
New Zealand. She left Melbourne on the 2nd of
January for Otago. The loom by fire of late of so
many ships engaged in the Australian trade is very
remarkable.
Telegrams from Calcutta to the 15th of March
quote freights to London 62a. rid., being 2s. 6d.
lower. The produce market was quiet, and the
import market strong. The exchange stood at
2s. OP., being I lower.
Intelligence has been received of the capture by
a Confederate privateer of the Yorktown, one of
the regular New York packets belonging
was to
Messrs. Grinnell, Tinker, and Morgan. She
on her voyage from London to New York.
The Associated Fire Insurance Offices have ar-
ranged with the St. Katharine Dock Company to
place their buildings at the docks upon the first
class of insurances.
In the Stock Exchange yesterday a premium of
31. 10s. to 41. was quoted for the shares of the
Northern Counties Union Bank (Limited), a new
project, which has just been introduced at Man-
chester under influential auspices.
Several other new joint stock banks are under-
stood to be in course of formation.
We have received a copy of the prospectus of the
Metropolitan Railway Carriage and Wagon Com-
pany (Limited). The objects of this undertaking
may fairly be termed of a novel character so far as
the metropolis is concerned, yet comprise nothing
out of the ordinary way of business. It is proposed
to let carriages and wagons to railway companies,
mineral owners, merchants, and others. This is a
class of business which is carried on with consider-
able advantage by several provincial associations.
A list is given of some which pay large dividends,
have accumulated a considerable reserve, and
stand at a satisfactory premium in the market.
The metropolitan traffic in coals and other articles
is so enormous that it is considered to present a
good field for an undertaking of this kind. The
company's capital is to be 100,0001., in shares of
101. each.
At an extraordinary meeting yesterday of the Ge-
neral Screw Steam Shipping Company, it was an-
nounced that the assets in baud amount to 41,0611.,
while the liabilities are estimated at 1,332/., leaving
a balance of 39,7291., or about 16s. 10d. per share.
It was resolved to divide 16s. 13d. per share, and
it was mentioned that the liquidators would hold
the shareholders free from any further liability.
This undertaking has now consequently been finally
wound up.
The Caledonian Railway traffic return shows this
week an increase of 8081.
It is announced that the share list of, the Impe-
rial Bank (Limited) will be closed on Wednesday
next. We are assured that the applications already
largely exceed the amount of the capital.

We are requested to state that the last day fur
sending in applications for shares in the Indian
Branch Railway Company is Wednesday next.
The Gcrette specie statement for the week ending
Wednesday last gives the following totals, viz. :
Imports of gold, 328,5891. ; exports of gold,
157,5761.: imports of silver, 193,6401. ; exports of
silver, 269,9831.

FRIDAY £v me.
Consols, which closed yesterday at 931 to 94 for
the 10th inst., opened and closed to-day, at the
same quotation. For money the last price wu
931, and for the May settlement, 94 to 1. The
official business report is as follows :--Three por
Cent. Consols, for monet,ed94, 91i:294 • ditto for
account (April 10), 93,94, ; Belk Stock,
shut ; Three per Cents. need, 1,1, New
Three per Ceuta., 921, 1 ; India Stool, 226 ;
ditto I.'ive per Cent. Stook, 1061, 1, ; ditto
Four per Cent. Debentures, 1864 or 1866, 100, 1 ;
ditto Bonds, 255., 28s. pram. ; Four per Cent.
, " enfaced" rupee paper, 911 ; ditto Five per Cent.,
1021, ; ditto Five-and-a-Half per Cent, 1081, 1.
The India Five per Cent. Stock was firm at
1081 to 1. The Five per Cent. rupee paper was
quoted 1021 to 1031 ; the Five-and-a-Half, 1014
to 1. India Bonds, 255. to 28e. prem. ; and
Exchequer Bills, 18s. to 21s. prem.

Foreign stocks were rather fiat.
The scrip of the Turkish Loan was prejnAliced,by
continued sales, by expectant allottees, as well as
by the introduction of the Egyptian Law. The
closing price was 21( to 2# prem. The public con-
tinue to effect investments of a bond fide character,
and to a considerable amount. The co-operation of
the English government in the applichtion of the
promeds of the loan gives it a special prestige.
The scrip of the Moorish Loan remains firm at
et to 61 prem.
A relapse of no lees than 31. took place to-day in
the shares of the Bank of Egypt, owing, no doubt,
to the transfer of the Egyptian Loan to other bands.
Ottoman Bank were firm at 28 to ft. London and
Westminster Bank were in demand. In miscel-
laneous shares Royal Mail Steam were flat, while
Nerbudda Coal and Iron were in demand, closing
at 1 dia. to # prem.
The closing quotations for shares in new under-
takings to-day were as follows :—Ocean Marine In-
surance, 7 to 7# prem. ; Thames and Mersey Marine,
1# to 1# prem. ; Universal Marine, 3# to
3 dia. ; London and Provincial Marine, par to #
prem. ; Mercantile Fire, #to prem. ; Com-
mercial Union, It to dis. ; Imperial Bank, 2to 3
prem. ; Indian Branch Railways, I to I prem. ;
Alliance Bank, 5 to 6 prem. ; Northern Counties
Union Bank, 3# to 4 prem.
The New Victoria Losnhasimproved to 1051 to I.

MINES.-(THIS DAY.)

Two o'OLocz.

The mining market to-day is quiet, but steady.
East Caradou shares are firmer, at 34i to
35, and Wheal Seton at 131 to 133. FAA
Carn Brea are very steady at 121 to 131. Marke
Valley are quoted 91 to • and Great Wheal For-
tune, 20 to I. Lady Bertha shares are marked
; and Great South Toles, 3i.
St. John del Rey Mining shares are in more de-
mand to-day, and are marked 58 and 59/. United
Mexican have been dealt in at ei and 81, being
dull.
The directors of the St. John del Rey Mining
Company (Limited) have received by telegram from
Lisbon, the following report, dated Morro Velho,
Feb. " Produce 9 days of February, 2nd
division, 12,313 oitavas. Going on steadily and
well."

At Great Wheal Busy United meeting yesterday the ac-
counts showed a debit balance of 2,8741. 16s. sd. A call of
10c per share was made.
' At the Wheal Ellen (S.A.) Mining Company's special
meeting yesterday, a resolution was unanimously passed, in-
creasing the capital of the company to any amount not ex-
ceeding 25,0001., by the creation of 11. shares, such shares to
bear a preferential interest at the rate of 10 per cent. per
annum, to be issued pro rata amongst the existing share-
holders. These shares are convertible at the end of five
years into ordinary shares of the company.
From Devon Union Mine Captain J. Donnal reports
(April 3) :—" We shall put on another pump to the sinking
lift at Quick's shaft on Saturday, which will be the last
that is required to oomplete the lift, and if things go on
favourably the next month will complete the sinking for a
deeper level, which will then be 24 fathoms below edit.
There is no alteration to notice in any part of the mine
since last report."