The Express.
London, England, 1862-06-03 00:00:00

MONEY MARKET.-(THIS DA}.)

Two o'Cwmc.

Considerable excitement has been occasioned to-
day in business circles, including the Stock Ex-
change, by a rumour that the Federal forces
have sustained • severe defeat. The rumour
remains quite unconfirmed up to the present
hour, and several firms who wore said to have
circulated it, are proved not to have done so, but on
the contrary, to have no knowledge of it. Moreover,
the latest prices received from New York are but
slightly different from those reported by the pre-
vious mail.

Though the rumour is thus unconfirmed, it has
made the stock markets more unsettled. Con-
sols have fallen fully i per cent. English rail-
way stocks are still declining.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes opened at
70fr. 55c., being I per oent. better than yesterday.
Turkish scrip is quoted 2k to 21 prem. ;
Egyptian It to 11 prem. ; and Russian it to I
preen.

Consols are officially marked 921 and it, ex div.,
both for money and the account. The present
quotation is 92 to both for cash and the
10th inst. The official business report is
as follows :—Three per Cents. Reduced, 911, 1, 1 ;
New Three per Cents., 91#, #, ; New Two-
and-a-Half per Cents., 764 ; India Five per
Cent. Stock, 107 f, 4,1, ex div. ; ditto for
account, 1071, ex div. ; ditto Four per
Cent. Debentures, 1863, 100/ ; ditto, 1884, 991 ;
ditto Bonds, 285., 255. prem. ; Exchequer Bills,
10a. prem. ; ditto advertised, 125., 9s. prem.
The foreign stock market is steady but not
active. The Turkish Loan of 1864 has risen to
814 to ; but that of 11358 remains dell at 70 to
4. Italian Five per Cents. are better. Yesterday's
rise in Spanish Certificates is not fully maintained.
Transactions are recorded as follows :—Brasilian
Four-and-a-Half per Cents., 1862, 1868, and 1860,
924, ex div.; Egyptian Seven per Cents., 11 prem.;
Italian Five per Cents., 71 (exchange 25fr.) ;
Piedmontese Five per Cents., 71 (exchange 25fr.) ;
Portuguese Three per Cents., 1853, 451 ; ditto,
for account, 451, 1 ; Russian Five per Cents., 971 ;
ditto Five per Cents., 1862 (scrip), 1,1, prem.;
ditto paid up scrip, 931 ; the Spanish Committee's
Certificates, 91, j ; Turkish Six per Cents., 1864, for
account, 814, 82 ; ditto Six per Cents., 1858, for
account, 701 ; ditto Six per Ciente., 1882 (scrip),
21 prem. ; ditto paid-up Scrip, 701, ; ditto Gua-
ranteed Four per Ceuta., 1024.

Fors o'CLocK.
Consols remain quoted 92 to I, ex div., both for
money and the account.

As was anticipated, 300,000 sovereigns were taken
from the Bank yesterday for transmission to Turkey,
on account of the new loan. A further like amount
for the same quarter will probably be withdrawn on
Thursday.
The steamer Ls Plats, with the mails from the
West Indies and Mexico, has arrived, and has no
less that 814,0001. in specie, of which 712,0001. con-
sists of silver and 102,0001. of gold. This supply
is not expected to be in the hands of the bullion
brokers for upwards of a week. The presence of
the French in Mexico will probably greatly facili-
tate the transmission of silver to the coast, which
has long been impeded by the risks of transport,
arising from the distracted state of the country.
The Ripon, to-meerow, will take 162,7851.
in specie and bullion, of which 8,1121. is gold and
the rest silver. The particulars are as follows :
For Alexandria, gold, 5,0001. ; for Madras, gold,
3,1121. ; for Singapore, silver, 23,8801. ; for Hong
Kong, silver, 102,2971. ; and for Shanghai, silver,
28,4901.
The Liverpool cotton market continues to rise.
Prices were quoted yesterday ed. toad. per lb. higher
than on Friday, and the sales were large, con-
sidering the limited extent of the stock, reaching
12,000 bales.
The speculative—or rather, as it would seem,
gambling—movements in Spanish Certificates con-
tinue to excite great animadversion. Various state-
ments are circulated from day to day, with evident
traces of an interested origin. On the one hand, it
is affirmed that an arrangement will be made, as
part and parcel of a scheme for putting the govern-
ment in funds wherewith to build a number of
iron-plated ships of war. On the other hand, a
private telegram from Madrid says that the (for-
respondencia last night had beau expressly autho-
rised by the minister to deny what has been stated
as to his proposing to acknowledge the Certificates
in October, and to affirm that he will never propose
their recognition to the Cortes.
.

Notice was posted on the Stock Exchange yester-
day to the effect that Messrs. Baring Brothers and
Co. had received the following sums on amount of
the New Granada dividends, viz.:—Santa Marta,
2,435/. 9s. 7d. ; Rio Martha, 541. 4a.
Messrs. P. Have and Co., Greek merchants, who
suspended payment during the crisis in the Levant
trade, have paid their credimcs 20a. in the pound,
with interest. Several other Greek firms which
stopped about the same time will probably also
soon resume business, after adopting the same
hoLourable step. It would appear that under the
new government of Turkey some of the long de-
ferred claims upon the Treasury are being gradually
brought to a settlement . .

The South Eastern Railway traffic return shows
this week a decrease of 6241., and the Brighton a
decrease of 10,0171., last year's return having in-
cluded the traffic of Epsom races.
A special meeting of the Great Ship Company is
called for the 18th mat., "to receive a report of the
results of the voyage of the Great Eastern to New
York, and to confer with the directors."
The annual meeting of the South Australian
Banking Company is oonvened for the 17th inst.
The half-yearly meeting of proprietors of the
Canada (Land) Company is called fur the 213th
inst., when a dividend is to be declared ; and the
adjourned annual meeting of the Van Diemen's
Lind Company fur the 19th iust.
At a special meeting of the shareholders of the
Asphaltum Company (Limited), held at the London
Tavern, on Friday last, resolutions were unani-
mously passed to wind up the company voluntarily.
Messrs. Spackman, Harrison, Marshall, and Wile,-
were appointed liquidators.
The following is from the financial circular of
Messrs. Cammann and Co., dated New York,
May 30 :
The stock market, since our last report of the 6th iost.,
has been generally active, ad in the early part of the
fortnight the movement of prices was upward. The
largest business and greatest advance were in United
States securities and some descriptions of state stooks and
railroad bonds. Duriog the last few days the market has
lost much of its buoyancy. There bas been lees demand for
United States loans, and the supply continuing large, they
have had a downward tendency, Sires, of 1841, clomps at
• decline of l f per cent. from the highest sales which were
made on the 13th inst. Business, however, eutitisum
active, sod the advance is railroad bonds has been fully
sustained, the abundance and cheapness of money cassias •
demand for these, and another clames of productive invest.
meets, considerably beyond the supply.

MONDAY &MI6.

Consols, which closed on Saturday at 92j to
ex div. for the 10th of June, opened this mornMg
at the same quotation, roes to 921 to j, and
closed at 921, " sellers." For money the last
price was 93j to f, cam div., or equal to 921t0
ex div. The official business report is as follows:
Throe per Cent. Console, for money, 9n, I, cans
div. ; ditto for account (June 10), 921, ex dlv. ;
Three per Cents. Reduced, 911, ; New Three per
Cents., 91j, j, j, lndia Five pee Cent. Stock,
1091, 110 ; ; ditto for account, 1071, ex div. ; ditto
Four per Cent. Debentures, 1863, 99j ; ditto
Bonds, 28s. prem. ; Four per Cent. " enfaced"
rupee paper, 92 ; ditto Five per Cent., 104,
1; ditto Five-and-a-Half per Cent. 1081 1091.
The balances on Consols, thelndia Five per
Cents., and the other stocks on which the dividends
become due next month, are struck this evening.