The Express.
London, England, 1855-07-16 00:00:00

MONEY MARKET.-THIS DAY.

Two o'CLocx.
The English stook market is :ethic flat to-day,
and prices have declined / per oent. Very little
busbies is going forward. Osnsols have scarcely
varisdreses their present quotation of 901 to 1 for
and Aug. 8. The Three per Cents. Reduced have
ban 3ealt in at 91}tot ; this New Three per Conte. at
111/ to f ; the New Five per Coats. at 117 ; Bank
Stook at 213 to 214; the New 30 years' Anna. (new
less) at 18j; India Stook at 230; Exchequer Bonds,
1869, at 101; Exchequer Bills, March, at 245. to
27e. pram; ditto Inns, 201. to 235. prem.
In the foreign stock market the feature cowhide of
a further cousaderable rise in Turkish and Peruvian.
Turkish was last marked 88; Peruvian Four-and-a-
Half per Cents., 76; ditto Three per Glint, $3l.
Rtunian Five per Cents., have been dealt in at 100;
Sardinian, at 881; and Spanish Old Three per Cents.
at 381 exdiv. Other stocks remain quiet.
According to one statement which has been put
forward, the supplemental estimates to be laid before
the house will not exceed four millions sterling, and,
as the Chancellor of the Exchequer, in his Budget,
took a margin of three millions sterling, the only
necessity imposed on government will be that of
making a further limited issue of Exchequer Bills.
Sir 0. C. Lewis stated exprisaly on Friday night that
government do not intend to raise any new loan in
the open market daring the present year.
Senor Don Francisco Rivero, the Peruvian Minister
in London, has issued an important notification, raising
the annual sinking fund on the Aeglo-Peruvian Four-
and-a-Half per Cent. Bonds from its present rate of 2
per cent. to 4 per cent., and that on the Deferred Three
per Cents. from 1 per cent, to 21 per cent. This conces-
sion is not made conditional upon the admission into
the Stook Exchange of the bonds lately created by a
conversion of the internal debt of Peru, and is to come
into operation forthwith. As regards the holders of
the Megan and Uribarren Converted Bonds, a two-
fold option is offered by the Peruvian government,
viz , either to return them to Peru fur re exchange
into internal debt, or to assimilate them to the Three
per Cent. Deferred Anglo-Peruvian Debt of
1863, by reducing the interest to 3 per cent.
per annum, and increasing the annual sinking fund
to 21 per cent. If this offer be accepted, the Peru-
vian government announce their intention of cancel.'
ling a sum of 611,0001. of these Megan and Uribar-
ren Bonds which remain unissued, so that the total
amount of this debt will be rednoed from 1,800,0001.
to 1,189,0001. Holders of these bonds are to signify
their intention to the PeruvianEmbsssywithin 20days.
The imports of the precious metals last week have
been small Oar list includes : 800,000 des, by the
Atlantic, from New York ; about 12,0001. by the
Solent, from the Brazils; and 4,1201. by the Madrid,
from the Peninsula.

The total value of thole arrivals is only about
176,0001. The bulk of the 625,000 dolt. brought in
by the Union, from New York, was for the Conti-
nua. Considerable quantities of silver continue to
bp remind from venous points of the Continent,
end are mainly absorbed for the Indian and Chinese
markets. The Custom-house returns record the re-
ceipt of 27 boxes of silver coin by the Ceres, and 6
boxes of specie by the Minho, both from Oporto, and
4 boxes of silver specie by the Vasco de Gams, from
Lisbon.
The

of the exports of the
precious metals direct from London during the week
includes only 2,600 ounces of silver coin to Boulogne
and Hamburg, and 570 ounces of gold coin to Con-
stantinople and Boulogne, worth only between two
and three thousand pounds. The other shipments
officially reported comprise 8,0601. in gold, by the
Great Western, for the Brazils; and 59,5581. by the
Alhambra, for the Peninsula.

The ascertained shipments of the week are thus
raised to about 70,0001. The chief shipments, how-
ever, have been those made in private hands to
Frazee, via the Kentish ports, bat of these no retain
is obtainable.

_
The monthly return of the Bank of France, as made
up to Thursday last, shows a diminution of no less
than 3,338,0001. in the coin and bullion, following the
deeresse of 936,0001. In the preceding return, and
making a total diminution of 6,073,0001. in four
months. The bills discounted have increased in the
month by 2,866,0001., the circulation by 1,065,0001.,
and the Tressury deposits by 127,6001. The decrease
in the bullion is serious, and can be only partly ac-
minted for by the revival of trade which is indicated
by the other heads of the return.
The Admiralty will receive tenders on the 17th
inst., for the conveyance from the River Thames of
stores to Trincomalee, New Zealand, Halifax, Bt.
John's,N.B., Honduras, Bermuda, Trinidad, Gibraltar,
Malta, Goso, Constantinople, and the Crimea.
The progress of Saturday's settling in the railway
share market indicates that the recent floating specu-
lation for higher prices has become somewhat reduced.
The rates of " contango " to the new account were,
oonsequent4, in most cases lighter than at the last
settling. Great Western stock was rather wanted.
Annexed is our usual statement of the terms current
at the close, as nearly &slimy could be ascertained :
Great Waiters -16 to 3-16 beck-
wirdetion.
London sad North Western -18 to eontango.
Midland -16 to f ditto.
Lancashire and Yorkshire
Dowers 1.32 to •16 ditto.
Great Northam"even" to 1,16 ditto.
Oaledeniens
Loads. lei Math Westerns

The •oestango" on Paris and Lyons shares was
1-16 to and on most other French shares at the
rats of about 6 per cent. per annum.

SATVIDLT Evamixe.

The resignation of Lord John Russell, coupled with
the less favourable bullion return of the Bank of
England, and the conversation in the House of Com-
mons last night with reference to additional war
estimates, caused the English stock market to open
flatly this morning, and a decline of I per cent.
was soon established. At a later hour more steadi.
ness was observable, but the closing quotations were
still k per cent. lower than those of yesterday, the
prevalent feeling being one of dulness, fostered by
the inactivity of business usual on the last day of the
week.

Consols ranged between 901 to;, and 901 to 91,
closing at the latter quotation, both for money and
the Bth August. The official business report is se
follows:—Three per Gat. Consols, for money, 91:4,
91, 90/, 901; ditto, for account, Bth August,
901, 901, 91; Three per Cents. Reduced, 911, 911;
New Three per Cents., 921, 1, 1 ; Three-and-a-Half
per Cent. Exchequer Bonds, falling payable in 1868,
101. _ _ _

Turkish stock closed at a further rise of exactly
1 per cent., owing to the publication (in the Daily
News exclusively) of the convention entered into
between England, France and Turkey, with reference
to the proposed new loan. This document distinctly
recognises that the existing loan forms a first charge
upon the tribute of Egypt, the balance of the tribute
being. tgken by the governments an partial
security for the new loan of five millions. A large
amount of the Turkish Loan is being withdrawn
from the market at the settlement now in progress,
and this fact tended materially to strengthen the
price. The rate of " contango" to the new account
has consequently declined to to per cent. It will
have been noticed from the wording of the "con.
volition " that the British and French governments
mediae their guarantee to the annual interest on the
saw loan. In respect of the sinking fund of 1 per
sent per annum no such guarantee is given, this
poetka of the engagement resting with the Ottoman
government The closing quotation of Turkish stock
was 84 to