The Express.
London, England, 1862-06-28 00:00:00

JUNE - 28, 1862. a
• •
'WHEY MARKET.- (THIS DAY.)! The India Five per Cent. Stocir has receded te
—.--...-- 108/ to * ex div. Exchequer Bills were steady at
6s. to 9s. prem. ; and India Bondi at 18s. to 29a
prem. The rupee paper was well supported
The foreign stock market was dull, particularly in
the afternoon. Mexican Bonds were last quoted 28* tie
, being I lower than yesterday ; Venezuela, 23* t•
, being a decline of * ; Italian Five peck Cada, 711
to 72, being likewise rather fiat ; and nish Pas-
sive Bonds, 19i to 1, being better. Spanish Certi-
ficates have improved to 9 to I ; Portuguese
Bonds were steady at 44 to 48,. inclusive
of the dividend due the lit proximo, little effect
being apparently produced by the approach of the
new loan.

Two oTtooc.
The funds remain quiet, at the closing quota-
tions of yesterday. In the share markets the
principal attention is still directed to the ad-
justment of thefortuightlyacoount. The chief move-
ment in English railways is a fall of 1 per oeut. in
Lancashire and Yorkshire stook, but this depart-
_

meet generally is heavy. The stock of the Grand
Trunk Railway of Canada continues to fall.
Turkish Loan scrip, paid up, is quoted 711 to
; Egyptian, 3/ to prem., being better ; and
Russian, Ito dis.
Consuls are officially marked 911 and j, ex div.,
for money, and 911 and!, ex div., for the account.
The present quotations are respectively 911,
"sellers," and 914 to The official busineesreport is
as follows :—Bauk Stock, 234; Three per
Cents. Reduced, 911, * ; New Three per
Cents., 911 4, I ; India Stock, shut ; ditto
Five per Cent. Stock, 1081, ; ditto
for account, 1081, 1 ; ditto Four per Cent. Deben- '
tures, 1864, 100, 991 ; ditto 1864 or 1866, 100 ;
Ave per Cent. " enfaced " rupee paper, 103 f ;
ditto Five-and-a-Half per Cent., 1094, 1.
Foreign stocks are quiet. The Turkish Loan of
1864 is steady, at 84 to 1, and that of 1868
dull, at 70 to 4. Spanish Certificates are steady.
Transactions are recorded as follows :—Ans-
_

triau Five per Cents., 544 (exchange 1011.) ;
Egyptian Seven per Cents., scrip, 3,4,
prem. ; ditto paid-up scrip, 854, I ;
Peruvian Three per Ceuta., 821 ; Russian Four-
and-a-Half per Cents., 914 ; ditto Three per
Cents., 1859, 581 ; ditto Five per Cents.,
1862, scrip, 1, 4 din. ; Spaniah New
Deferred Three per Cents., for account, 444 ; the
Committee's Certificates, 9, 4 ; Turkish Six per
Cents., 1854, 844, 84 ; ditto Six per Cents., 1858,
701 ; ditto Six per Cents., 1862 (scrip), 31,
prem. ; ditto paid-up scrip, 714, 701 ; Venezuela
Three per Cents., for account, 24
The amount for the half year's dividend and
Sinking Fund on Turkish Mirka' Bonds was paid
to the Sociitii Gintfride de Cr4dit Industrial and
Commercial of Paris on the 30th May.
The steamer Shannon has arrived from the West
Indies with 254,000/. in specie.
HALF-PAST Two o'Ctoci.
Consols are still quoted 91/, ex div.," sellers,"
for money, and 911 to 4 ex div. for the account
The discount market continues easy, although
bankers are occupied with the adjustments usual
at the termination of the half-year. Good bills
were taken yesterday at 21 to 24 per cent. At the
Bank of England business was limited.
The accumulation of gold in the Bank of Eng-
land continues ; the amount taken there yesterday
was 150,0001., making a total of 268,0001. since the
last return.
The influx of specie from America continues on
an extensive scale. The Persia has arrived from
New York, after a rapid passage, with 147,0001.
in specie, and the Saxonia, which reached Cowes
on Thursday, has 129,0001. for England, and
20,0001. for France.
The foreign exchanges yesterday afternoon were
firm, with rather a favourable tendency. Sub-
joined is our usual list :
Amsterdam, 3 mouths, 11.18} to 191 ; ditto, 3 days,
ILl6} to 17 ; Rotterdam, 3 mouths, 11.19 to } ; Ant-
werp, 3 mouths, 25.50 to 5 ; Hamburg, ma. bane*, three
mouths, 13.84 to 9} ; Paris, 3 days, 25.25 to 32} ; ditto,
3 mouths, 25.50 to 2} ; FrankfortAm-the-Maine 3 mouths,
119} to ; Petersburg (per rouble), 3 months, 33} to } ;
Vienna, off. So., 3 months, 13.0 to 13.5 ; Trieste, ed. do.,
3 months, 13.0 to 13.5; Madrid, 3 roveths,49a to Cale,
;
3 mouths, 49 to } ; Leghorn, 3 mouths, 25.56
di
410 ;
Genoa, 3 months, 25.55 to 60 ; Milan, 3 =lathe, IbiS to
60 • Napier, 3 months, 39} to ii ; Palermo 3 smooths, Mg
is ; Marina, 3 months, 119} to } 1110 erar
521 to } ; Oporto, 90 days, 521 to I.
The excitement in the Liverpool cotton market
continued yesterday, and prices were again quoted
higher. The sales of the day reached no leas than
25,000 bales, while those of the week represent the
almost unprecedented total of 158,870 bales.
At Paris money is scarce at 34 per cent., the
minimum of the Bank of France. At Vienna and
Hamburg the rate is b ; at Turin, 44 ; at Frank-
fort, 2 ; at Amsterdam, 4 ; at Berlin, 34 ; and at
Brussels, 3 per cent.
A memorandum received from the Cape Town
Railway and Dock Company informs us that a
• further portion of the line (ten miles) was opened to
Stellenbosch on May S. The traffic returns per
week on 21 miles from Feb. 13 to May 3, were
3351. ; and on 31 miles from May 3 to May 18,

At a meeting yesterday of the London, Manches-
ter, and Liverpool directors of the Thames and Mer-
sey MarinelnsuranceCompany, it was decided that,
in consideration of the satisfactory state of the
company's accounts, and for the convenience of the
shareholders, interest at the rate of 5 per cent. per
annum shall be paid half-yearly instead of annually.
The receipts of the Grand Trunk Railway of
Canada for the week ending the 7th inst. were
12,9141. sterling, being 6841. lea than in the nor-
responding week of last year.
The bill of the United Kingdom Electric Tele-
graph Company has passed the House of Lords,
and also the committee of the House of Ccnuona.
The anxiety on this score, now relieved, bas
latterly prejudiced the price of the shares in the
market.
The Emigration Commissioners will receive
tenders on thedrd of July for the hire of two ships
to carry Indian emigrants from Calcutta to Tri-
nidad ; also for a vessel for the conveyance of pas-
sengera to Sydney.
With regard to the course of American finance,
we find the following in the circular of Messrs.
Seytou and Wainwright, of New York :
Government docks were steady during the early part of
the week, with a fair amount of bathos's. Yesterday and
to-day, however, there is increased activity, with a marked
advance in prim : the application of the Secretary of the
Treasury to Congress for an increased issue of legal tender
notes of 150,000,000 dollars being the principal cause of the
rise. The measure is viewed with great distrust by the
conservative portion of our mercantile community, who
deem it, in the present prosperous state of our national
finances, both impolitic and uncalled for. It is thought
that the Secretary of the Treasury could, at the present
time, negotiate a loan upon favourable terms to an extent
necessary to meet the cm rent expenses of the government.
This might have the effect of somewhat curtailing tbe ram-
pant speculation of the hour, butsuch eresult, it isoonoeived,
would be more conducive to the well-being of the country
than the large increase which Mr. Chase proposes to • cur-
rency already regarded as amply sutecient in its present
amount. In the annual report of the Secretary of the
Treasury, laid before Congress at the opening of the maim
in December last, as noticed in our circular of December
13th, he estimated that the national debt would be
517,372 8132.03 doh. on Ist July this year. By a report laid
before Coogresa on the 29th May, the total amount of public
debt at that date was 491,448,984.11 dole., thus leaving
25,92;1,818.82 dole. to be expended In Jane, to make the
sot rotary's estimates correct. The averate rate of interest
on the entire debt is 4 3541,000 per cent. per annum.
C.:insertions of demand notes into the new six per cent.. loom,
payable in twenty years, but redeemable at the option of
the government after five yearn, hero taken place to the ex-
tent of about 5,000,000 dole., which amount is being in-
creased In larger proportions every day.
The Gazette specie statement for the week ending
Wednesday last gives the following totals, viz.
Imports of gold, 311,2541. ; exports of gold,
246,9341. ; imports of silver, 102,422/. ; exports of
silver, 134,1921.