The Express.
London, England, 1862-06-19 00:00:00

MONEY MARKET.

The funds are firm, at the improvement which
took place yesterday. The India Five per Cent
Stock is likewise in demand, and the late rise is
fully sustained. The scrip of the new loans
remains strong. The principal fluctuations
in the Stock Exchange to-day have been
in Mexican Bonds, which are again weaker.
Other securities are generally steady. There is no
revival of business in the market for English rail-
way stocks.
The weekly court at the Bank of England has
broken up without altering the rate of discount.
No movement had been expected.
At Paris this morning, according to Mr.
Renter's telegram, the Three per Cent. Rentes
opened at fitifr. 30c., being be. lower than 'yester-
day.
Turkish Loan scrip is quoted 4 to 41 prem. ;
Egyptian, 21 to n prem. ; and Russian, f to 1

prem.
Consols are officially marked 911 and 92, ex
div., for money, and 92 and 921, ex div., for
the account. The present quotations are re-
spectively 911 to 92 and 92 to 1. The
official business report is as follows :-Bank
Stock, 234, 2351 ; Three per Cents. Reduced,
91#, f ; New Three per Cents., 91j,
; New Two-and-a-Ralf per Cents., 75 ; India
stook, shut ; ditto Five per Cent. atom/K.1071,
108, 1074 ; ditto for account, 108 ; ditto Four
per Cent. Debentures, 1863, 991 ; ditto, 1864,
991 ; ditto, 1864 or 1866, 991, ; Five per Cent.
" ',aimed" rupee paper, 103 ii, 103 ; ditto Five-and-
a-Half per Cent., 109 ; Exchequer Bills, 35., 6s.
prem.
Sales of Mexican Bonds have again been pressed,
and a further considerable fall has taken plate, the
last transactions recorded being at 281. There is
a further improvement in Venezuela and Moorish
Bombs. Spanish Certificates have been more
inquired for, and have been last purchased at 9.
Italian Five per Cents. are steady. The Turkish
Loan of 1864 remains at 821 to 83, while
that of 1858 is rather better, at 701 to 711.
Transactions are recorded as follows :-Brazilian
Fourand-a-Ralf per Cents., 1862, 1868, 1860, 901,
911, ex div. ; Egyptian Seven per Cents. (scrip), 31,
21 prem. ; ditto paid-up scrip, 851, ; Italian Five
per Cents., 721 (exchange 25fr.) ; Mexican Three
per Cents., 2134 ; ditto, for account, 291, 284, 291,
284 ; Moorish Five per Cents., 96, 1 ; Rus-
sian Four-and-a-Ralf per Cents., 1860, 90,
ex div. ; ditto Five per Cents., 1862 (scrip),
I prem. ; ditto paid-up scrip, 931, # ; Sardinian Five
per Cents., for account, 821, ex div.; Spanish New
Deferred Three per Cents., for account, 441, ; ditto
Passive, 191 ; the Committee's Certificates, 81,
1, 9 ; Turkish Six per Cents., 1854, for account,
821 ; ditto Six per Cents, 1868, for account, 711,
71 ; ditto Six per Conte., 1862 (scrip) 4, 1 prem. ;
ditto paid-up Scrip, 714, 1 ; Venezuela Three per
Cents., for account, 234, 24.
The shafts of the Eastern Bengal Tea Company
are quoted to-day to i prom.
Foos o'Czoon.
Consols are still quoted 911 to 92, ex div., for
money, and 92 to 4, ex div., for the account.
Not only is there no present drain upon the
Bank bullion, but on Tuesday and yester-
day 160,0001. has been sent into that establish-
ment. Meanwhile, larger remittances than , had
been expected are being notified from Ame-
rica, where, at the latest date, the
steamers Kangaroo and City of New York
were about to sail with 200,0001. in specie, all for
England, and supplies are coming forward in due
course from Australia.. At the same time, the bulk
of our recent engagements in the shape of foreign
loans have been liquidated. It is believed that
only a moderate sum has yet to be sent on account
of the Turkish Loan, which hitherto has premed
chiefly on the money market. The active demand
for money at the Bank of England ex-
perienced a week or two ago having likewise
subsided, it may be inferred that the reserve
must have increased. This is sure to be
the case at the present period of the platter when-
, ever the influx of revenue to the Bank is not Goan-
, terected by a proportionately active demand at
the discount office. These considerations lead to
a belief that the probability of an early advance in
the Bank rate of discount bas passed away.
In the Stock Exchange the supply of money has
increased, and the rate for loans on Government
Securities from day to day has declined to 11 to 2
per cent.
The summit of gold bought by the Bank yester-
day was 15,0001.
The shipments of specie and bullion by the
steamer Ceylon, which will leave to-morrow,
amount to 410,2511., of which 10,6651. is gold, and
the rest silver. The particulars are as follows :-
For Alexandria, gold, 1,0001. ; for Ceylon, gold,
3,0001. ; for Madras, gold, 3,865/., and silver,
16,0001. ; for Calcutta, silver, 12,0201., andstldal
2,8001. ; for Bombay, silver, 10,1911. • for
pore, silver, 93,6751. ; for Yong koug, silver,
130,3061. ; for Amoy, silver, 1,1001. ; and for
Shanghais silver, 137,2941.
The silver market is extremely flat, and the quo-
tation nominal, at ss. ld. per ounce.
It appears by the Americium &deices yesterday that
the price of gold at New York hes risen to 41 per
cent. prem. and the exchange on London to 1151.
A decided advance took place yesterday in many
kinds of American securities. The demand is
entirely in answer to the higher prices received
from New York. English holders are selling, while
the American specubstors continue to buy largely,
thus promoting the rise in the exchange, and the
consequent efflux of gold from New York to

Englaiid.
The traffic returns in course of publication this
week will mostly show an increase, as they include
the receipts of Whitsun week this year as against
an ordinary week last year. The London and
North Western return shows an increase of 10,0341.,
which is considered good ; tbe Lancashire and
Yorkshire an increase of 3,000/., which is not re-
garded favourably ; the Great Northern, en in-
crease of 263/. ; and the Great Western, an increase
of 1,6201.
The receipts of the Great Western Railway of
Canada for the week ending the 6th inst. were 8,4461.
sterling, being 1,607/. more than in the correspond-
ing week of last year.
At the meeting yesterday of the Royal Exchange
Assurance Corporation, a dividend of 10 per cent.
for the half year, free of income tax, ws declared,
subject to confirmation by ballot on Wednesday
next.
The half-yearly
.meeting of sharehoklers of the
Bank of London is fixed for the 16th July.
The half-yearly meeting of the Stithslns
Telegraph Company will be held ou the inst.
Subjoined are the latest quotations of surance,
gas, dock, and other shares, as given in in
the last
Stock Exchange list ;
ineuranoe. Albert Medical Life aid Family Wow-
meat, Alliance British and Foreign, 141 to 4; Coin.
vandal Veins, 24 • Ere% 71; Indemnity Marina 100;
Leedom, 44 ; Loeuoa and Provincial Mario., 2; Parise.
108; Ocean Marine,Ae.P3o94ll. ; Bach laff, 8
Thames and
OAS Light awilleace.--City 5 Leedom 14171; ditto New.
7. Or l, 30; Equitable, 84 to 311 to 4,• Imperial;
83• ditto New, 68 ,• Lanka, 71i ; ditto Blue Treferesee,
twain, 83 ; Beath Metropolitan, 204 ; United 00111101 F
38.
—Grand Jundica. 800; Wilts and Baku 4 ex
dlr.
Waterworits.—Chalssa, 231 ; Grand Junction, 731 ; Law
both, 108.
Docks—Loadoe. 564 to 56.
The half-yearly interest is announced on the