The Express.
London, England, 1862-02-04 00:00:00

t-(THIS DAL)

bip.in:

MONEY

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101

-
Y

4'

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li

Two o'OLoos.

The principal operations are still confined to the
foreign stook market. Mexican bonds have fur-
ther unproved 1 per cent. Consols are quoted the
same as yesterday. In the railway share market,
South Eastern stook has risen about Q per cent.
The scrip of the Moorish Loan is quoted 5 to I

....
SI/ S

Of!
77e

414
—*id

0 i
9:01 SO

di t id

prem.
At Paris this morning, according to Mr.
Reuter's telegram, the Three per Cent. Renter
opened at 711 r. 60c., being 1 per cent. better than
yesterday:
Consols are officially marked 921 and 1 for
money and 921 for the account. The present quo-
tation is 921 to 4 both for cash and the
6th instant. The official business report
is as follows :-Bank Stook, 238, 2371 ; Three per
Cents. Reduced, 921, 93 ; New Three per
Cents., 92f, 93 ; Thirty Years Annui-
ties, 1885, 151, 9-16 ; India Stock, 2254,1;
ditto Five per Cent. stook, 1061, f ; ditto, for ac-
count, 1061, ; ditto Four per Cent. Debentures,
1883, 991, 1 ; ditto, 1864 or 1866, 991 ; ditto
Bonds, 245., 275., prem. ; Five per Cent. " enfaced"
rupee paper, 1014, 4 ; ditto Five-and-a-Half per
Cent., 1074 ; Exchequer Bilk, March, 161., 175.,
18e., prem. ; ditto June, 225., 19e., 215., prem.
There is still a very active demand for Mexican
Bonds, which have further unproved about 1 per
cent. Business is officially marked as high as3sl. The
last bargain recorded is at 351. Venezuelan remain
firm. The Turkish Loan of 1854 is without change,
at 85 to 1, while that of 1858 has improved
' f per cent., being quoted 76 to 4. Sales
are recorded as follows :-Equador New Con-
solidated, 174, 4, 4 ; French Four-and-a-
Half per Cent. Rentes, 99fr., (exchange 25fr.);
Italian Five per Cents., 68, 671, 681, 671, 684
(exchange 25fr.) ; Mexican Three per Cents., for
account, 35, 4, 35, 1, 341, 351 ; Portuguese Three
per Cents , 1863, 464 ; ditto for account, 461,
47 ; ditto Three per Cents., 1856, 1867, 1859, and
1860, 46 ; Russian Five per Cents., 981, 99 ; ditto
Four-and-a-Half per Cents., 1860, 92 ; ditto Three
per Cents., 1869, 604, 4 ; Sardinian Five per
Cents., 781; ditto for account, 79 ; Spanish Three
per Cents., 544, ditto, for account, 544 ; ditto New
Deferred Three per Cents., for account, 431, 4 ;
ditto Passive, 19, 4 ; the Committee's Certificates,
71, 4 ; Turkish Six per Conte., 1854, for account,
854 ; ditto Six per Cents., 1858, for accounts
78, 754, 76 ; ditto 1001 Bonds, 78, 77 ; ditto Gua-
ranteed Four per Cents., 1011, ex div. ; ditto, for
account, 1021, ex div. ; Venezuela Three per Cents.,
for account, 26, 4.
The mails from Calcutta, China, and Australia,
have reached Alexandria. _ _

Foos o'Chocir.
Consols are without change, at 921 to 1, both for
money and the 6th inst.
At a moment when the scheme for placing the
Archduke Maximilian of Austria on the throne of
Mexico is under discussion, it is noticed that the
most buoyant securities in the Stock Exchange are
the Italian Loan and Mexican Bonds, and that Lom-
bardo-Venetian Railway shares are not slow to
follow the movement..
In connexion with the rise in the Turkish Loan of
1858, there is a rumour that the Turkish govern-
ment has confirmed the proposed tobacco tax, which
is expected to be extremely productive.
The government of Buenos Ayres continues to
redeem its debt. The particulars are published of
33,6001. Three per Cent. Bonds and of 2,0001. Six
per Cents., which have just been cancelled.
The withdrawals of gold from the Bank for the
Continent continue on a large scale. The amount
taken yesterday was 109,0001., chiefly bars, making a
total of 354,0001. since the last return. These re-
mittances are swelled by the large purchases of the
Italian Loan on the Continent on English account.
The mail steamer Tyne, from Brazil, has reached
Southampton with 14,4351. in specie.
The silver by the Mexican packet was sold yester-
day for Bombay at ss. lid. per ounce, showing a rise
of Id. This is owing to the result of the tendering
on Saturday, for the India-office, bills on India
(which left many merchants unprovided with the
means of remittance), combined with the smallness
of the supply of silver in the market at a time
when there is a strong demand for Bombay. The
anticipation that the premium on gold at Paris
will be reduced to-morrow has also some influence.
The silver shipments by the Bombay steamer of
the 12th will be large. The Mexicali dollars have
not yet been sold.
There was no change yesterday in the Liverpool
cotton market. The sales were only 51000 bales.
At an adiqurned meetingyeeterday of the creditors
of Mr. E. M. Abbott, late of the Bow Brewery,
who recently failed with a large deficiency, it was
resolved to wind up under a deed of assignment.
The Shipping Ocizette of last evening says :
We are enabled to state, on the beet authority. that the
French government have directed the superior Council of
Commerce to institute an inquiry into the operation of the
French Navigation Laws, with • view to important modifi-
catione and revisions. An official announcement to this
effect may be looked for immediately.
The State of Alabama has made praiseworthy
exertions to meet the interests on its bonds. The
holders of the Five per Cent. Dollar Bonds (loan
of the let May, 1833) are informed that the interest
due in November last at the Phoenix Bauk, New
You., will now be paid on presentation at the
Union Bank of London.
We have received a copy of a circular addressed
to the shareholders in the Great Western Railway
of Canada, and signed by Messrs. Thos. Dakin,
Wm. Hartridge, Geo. Smith, G. P. Evelyn, D.
Aitcheson, and John Jameson. It impugns the
fairness of the proceedings at the meeting of the
company just held in Canada.
The South Eastern Railway traffic return shows
this week an increase of 1061. ; and the Brighton
an increase of 3191.
The half-yearly meeting of the London and
North Western Railway Company is called for the
21st instant, and will be made special to authorise
the directors to subscribe 30,0001. towards the
Oswestry, Ellesmere, and Whitchurch Railway,
and to concur in the issue by the Chester and
Holyhead Company of 200,0001. Five per Cent.
Preference stock.
The half-yearly meeting of the South Eastern
Railway Company is called for the 6th March, and
that of the London and South Western Railway
Company for the 22nd inst.
The eighth annual meeting of the Great Western
Hotel Company is called for the 26th inst.
Formal notice is given that the Defender Fire
and Life Insurance Company has been ordered to
be wound up by the Court of Chancery.
The settlement of the list of contributoriee of
the Taranaki Steel Iron Company (Limited) is to
be proceeded with in the Banptcy Court on the
21st of February.
Creditors of the Great Northern and Midland
Coal Company (Limited) are required to prove
their claims on the 28th instant, in the Bankruptcy
Court, before Mr. Commissioner Goulburn.
It appears that cars on the American system are
now being built at Birkenhead for horse railways
in the canton of Geneva, under a concession which
has been granted by the council to Mr. Charles
Burn, C.E. A commencement is to be made by
constructing a line from Geneva to the town of
Carouge. The works have already been commenced,
and the first line is to be opened for traffic on the
let of May next.
With regard to the cotton market, and the im-
provement in the Indian supply, the monthly
circular of Messrs. Trueman and Rouse has the
following :
The state of trade in Lancashire continual without say
improvement, and the prices obtained for goods and yarn
being so uoremunerative, the production has been still
further curtailed. On the news of the satidectoty Dottie-
client of the Treat affair there was a fresh burst of
Eton in the Liverpool market, very large sales were ercUi.
prices of American advanced tit. to Id., and Feat India fid

to N. per lb. ; but AM then the market bat quieted down,
and the present quotations are but little higher than those
of the lit ultimo. As regards the future supply from
Aviaries, there appears no prospect of getting any from
thence for an indefinite period, as the war continues
without decisive advantages on the side of either of the
belligeunts, and meanwhile it is currently reported that
the amount of land under ootton cultivation in the
South is much less than in former seasons, from the
necessity which the esserionista were under of growing
snub for home consiintpllon instead of importing them as
heretofore. Fran India there are reports of abundant
production, but priess at Bombay had fallen so low, from
the feuof an Anierican war, that there wu little induce-
ment to hurry the crop to nmairot ; however, as this caws
of alarm will era this have ceased to operate, we may look
for • good supply byand-by. Our manufacturers an
more and more adapting their machinery to the spinning of
E. I. cotton, and is the latter has much improved of late,
in respect of both cleanness and staple—this being especially
marked in the lad aimeon's imports of Tinnivelly—we may
hope to see the trade of Lanashire in the course of two or
three years emancipated from that calamitous dependence
upon American slave grown cotton which is the cause of
the present wide-spread distress.

MONDAY Emus°.
Consols, which closed on Saturday at 921 to 93,
both for money and next Thursday's settle-
ment, opened this morning at the same quota-
tion, and closed at 924 to 1. For the March
settlement the last price was 921 to 93. The offi-
cial business report is as follows: Three per
Cent. Console, for money, 93, 921, 93, 921 ; ditto
for account (Feb. 6), 93, 921 ; Bank Stock, 237,
239 ; Three per Cents. Reduced, 93, 924 ;
New Three per Ceuta., 93, 92/ ; India Five
per Cent. Stock, 10131, 1, I ; ditto for ac-
count, 1061 ; ditto Bonds, 24e. prem. ; ditto
Four per Cent. Debentures, 1864, 994 ; Five per
Cent. " enfaced" rupee paper, 104, lb 101.
The India Five Cent. Stock rose 1 per cent.,
per
closing at 1061 to 4. The rupee paper continues
in demand, with an upward tendency.
The March Exchequer Bills were quoted 16e. to
19a. prem., and the June 19s. to 225. prem.
Great animation oontinues to prevail in the
foreign stock market. The demand was especially
active to-day for Mexican Bonds, which were
marked in the morning 33 and had risen at the
claw to 344 to 4, being 11 higher than yesterday.

MINES.-(THIS DAY.)

Two o'Cwc7c,

There is an active demand to-day in the mining
market for most descriptions of shares, and prices
are generally firm. East Caradun shares are
quoted Mt* ; Wheal Beton, 120 to 128 ; Marko
Valley, 10 to ; Cook's Kitchen, 24 to 30 ; Great
Wheal Fortune, 14 to 14 ; and South Caradon,
320 to 330. Several transactions will be found
reported in the Stock Exchange official list.
Foreign and colonial mining descriptions are
without change. Bon Accord are quoted j dia. ;
Cobre Copper, 34 to 33, ex div. ; Great Northern
Oopper (month Anstrßlitif, if to prem. ; Lusita-
I nian, 2 ; and United Mexican, 81.