The Express.
London, England, 1862-01-28 00:00:00

MONEY MABKET.-(THI8 DA}.)

Two o'CLooE.
The stock markets are rather inactive to-day, `
and prices generally show no variation of import-
awe. Consols are quoted the same as at the close
yesterday. The principal feature in railway shares
is a fall in Great Northern stock. Mexican Bonds
are still inquired for.
The scrip of the Moorish Loan is better,
at 6 to 4 prem.
At Paris this morning, according to Mr. Ren-
ter's telegram, the Three per Cent. Rentee opened
at 71fr. 15c., being about it per cent, lower
than yesterday. The Bourse is described as

" heavy."
Consols are officially marked 93 and 933 for
money, and 934 for the account. The present I
quotation is 93 to f both for cash and
the 6th Feb. The official business report is as
follows :—Bankfilteck, 2424, 241 ; Three per Cents.
Reduced, 92f, 93 ; New Three per (lents., 921, 93
India Five per Cent. Stock, 1061, 106 ; ditto
for amount, 106 ; ditto Bonds, 23e. prem. ; Five
per Cent. " aniseed " rupee paper, 100 f, 101 ; ditto
Five-and-a-Half per Cent., 1063, 107 ; Exchequer
Bills, March, 16e. prem. ; ditto June, 195., 221.

prem.
Mexican Bonds continue in demand, and have
further improved, having been dealt in
at 31. Venezuela keep firm. The Turkish
Loan of 1854 has improved per cent,
while that of 1858 has receded to a like
extent. The former is now quoted 831 to 84, and
the latter73l to 741. Sales are recorded as follows :
Belgian Four-and-a-Half per Cents., 99 (exchange
251 r.) ; Dutch Four per Cent. Certificates,
1011 ; Italian Five per Quite., 64, /, ex
div. (exchange 25fr.) ; Mexican Three per
Cents., for account, 30/, 31; Russian Five
per Cents., 981; ditto, for account, 98}; Sar-
dinian Five per Cents., for account, 781 ; Spanish
Three per Cents., for account, 53, 521, ex div. ; the
Committee's Certificates, 61, ; Turkish Biz per
Cents., 1864, for account, 631, 84/, 84 ; ditto Six
per Cents" 1868, for amount, 741, ; Venezuela
Three per Cents., for account, 241, 24.
It is understood that the whole of the debentures
offered by the Eastern Bengal Railway Company
have been taken up, and that the list is now closed.
The ease in the money market and the demand for
good investments are indicated by the fact that a
total of not far short of 2,000,0001 of Indian gua-
ranteed railway debentures have been taken up and
paid for by the public since the Ist instant. These se-
curities continue in good demand on the Stock Ex-
change, and command in several instancesaconside-
rable premium. The option conferred by some of these
debentures of conversion into stock at any time
within the next five or ten years is beginning to be
appreciated. For example, the East India Railway
Company's "optional" debentures carry now a
premium of 4 per cent.
The Victoria Government Debentures about to
be issued, which will bear no interest until the Ist
of April next, were quoted yesterday 1021 to 103.
The impression appears to be that the official mini-
mum cannot safely be fixed above 1021. Some
bidders for investment will probably offer 103,
while the larger class of persons who do not care to
take par: in issues of the kind unless they can get
an immediate profit, will probably tender at a
fraction over 1021. The negotiation attracts less
interest than on former occasions. All tenders are
to be lodged at the London and Westminster Bank
by two o'clock to-day.
The fortnightly settlement in shares and foreign
stocks will commence to-morrrow (" continua-
tion day "), and terminate on Friday.
The demand for gold for the Continent is still
active. A further sum of 84,0001. in gold, chiefly
foreign coin, was taken from the Bank yesterday.
The Moravian has arrived from Melbourne, with
191,0001" which has also been purchased fur ex-
portation. With the exception of any sovereigns
that may be comprised in the 41,0001. by the Asia,
from New York, that remittance will likewise pro-
b-bly be sent away.
The America has taken 50,0001. in specie, on
British government account, for Halifax—no doubt
for the payment of the troops.
The Liverpool cotton market yesterday was rather
dearer, and the sales have increased to 12,000
bales.
The Brighton Railway traffic return shows this
week an increase of 1,2081. ; and the South Eastern
a decrease of 1,0201.
The receipts of the Great Western Railway of
Canada for the week ending the 10th inst. were
12,7641. sterling, being 4,1261. more than in the
corresponding week of last year.
The receipts of the Grand Trunk Railway of
Canada for the week ending the 4th inst. were
18,2251. sterling, being 5,9801 more than in the
corresponding week of last year.
A general meeting of the City of London Brewery
Company is called for the 6th February, when a
half-yearly dividend is to be declared.
The following are the official returns of the Irish
banks of issue for the four weeks ending the 11th
• instant :

111.
Ii i
>O.