The Express.
London, England, 1862-08-28 00:00:00

MONEY MARKET.-(THIS DAY.)

Two oTiock.

The funds have recovered } per cent. to-day,
owing chiefly to the continuance of splendid
weather, but most of the other markets exhibit .10-
pression. Foreign *tucks, particularly Italian and
Turkish, are prejudiced by the movement in Italy.
English railway stocks have likewhe given way,
especially Great Western and Midland. Prepare.
Lions for to •rnorrow', fortnightly settlement are in
full progress in the Stock Exchanle, and have
chiefly occupied attention.
Consols are officially marked 934, 93, and 9:4
for money, and 93} for the account. The present
quotation is 93} to 4, both for cash and the 4th of
' September. The official business report in as
MOM :—Bank Stock, 241, 239} ; Three per
Cents. Reduced, 93, } ; New Three per Cents.,
93, 4, 93 ; New Three-and-a-Half per Cents., 934,
93 ; Red Sea Telegraph, 214 ; India Five per Cent.
stock, 1081, ; Five per Cent. " reamed " rupee
paper, 1044, 1031 ; Exchequer Bills, 215., ISs.
per•

Foreign stocks retain a downward tendency.
Italian Five per Cents. and Turkish Bonds
show chief depression ; the former are lest
marked 661. The scrip of the new Turk-
ish Loan, after being sold at 21 dis., is
now quoted 2 to 11 din. ; while transactions
are recorded in the paid-up scrip ay low
as 651. The Turkish Loan of 1858 is now
quoted 701 to 71 ; Venezuelan scrip, 1 to 1
prem , being firm ; Portuguese scrip, n to 24
prem., being flat ; Russian, par to prem. ;
Egyptian, first issue, 10} to 11; prem. ; ditto,
second issue, 9 to 10 prem. ; and Peruvian scrip,
It to 1 die. Transactions are recorded as 4-
lows :—Brazilian Old Five per Cents., 101; ditto
Five per Cents., 1853 and 1869, 100 ; Italian
Five per Cents., for account, 671, 1, 601;
Egyptian Seven per Cents., paid-up scrip,
10, prem. ; Mexican Three per Cents., 29, 28* ;
Portuguese Three per Cents., 1853, 48 ; ditto,
small, 481 ; ditto scrip, 101. paid, 21, prem. ;
Russian Five per Cents., 1862, scrip, 23/. 10e.
paid, 1 die. ;:SpanishThree per Cents., 541, 64 ; ditto
New Deferred Three per Cents., 441; ditto Passive,
181 ; the Committee's Certilicates, 91, 1 ; Turkish
Six per Cents., 1858, 701 ; ditto for account,
71 ; ditto Six per Cents., 1882, scrip, 401.
paid, 21, 2, 1 dia. ; ditto paid-up scrip, 65/, 60,
651 ; Venezuela Three per Cents., 25 ; ditto, foe
account, 251, I._ . . . . .

The steamer Shannon has arrived from the W.st
Indies with 264,000'. in specie.

Four O'CLOCK.
Console are again rather better, at 93i, both s',
money and the 4th of September.
The final instalment of 9 per cent. fell due yester-
day on the Italian Maremmans Railway Loan for
1,338,0001. darling.
A further parcel of about 50,000 rovereigns was
withdrawn from the Bank yesterday for Constanti•
nople.
Some of the bullion lately remitted from England
to Constantinople, in connection with the lash i
Turkish loan, s now finding its way back, the
exchanges being still adverse to Turkey. Abc.nt
400,000/. in silver has arrived in Paris, and will
be sent here when required for transmission to
India. Further amounts are expected in France
from Constantinople. The total in silver des-
patched some months ago from England to Turkey
on account of the loan was about 1,000,0001.
The 250,000 Mexican dollars by the Maja and
Queen of the Ex were sold yesterday at ba. lgeii
per
ounce. The circulation of this coin by the
in Cochin China, combined with a demand in the
lately opened Chinese ports (where Mexican dollars;
are almost the only eurreucy), accounts for the
high price lately reached. The market for bee
silver is for the moment inactive, though a con-
siderable demand is expected for the next outward
Bombay steamer.
Much excitement prevailed yesterday in the Liver-
pool cotton market. A further great advance has
occurred in prima, and the sales have reached the
extraordinary extent of 30,000 bales, of which
25,000 have been taken on speculation and for
export.
The London and North-Western Railway trellis
return shows this week an increase of 8,4801., and
the Lancashire and Yorkshire • decrease of 6,6001.
A further call of 2/., making 18/. rail, is to be
paid on the shares in the Landon and South
African Bank by the 26th Sept.
A circular has been addressed to the boodholders
of the Atlantic and Great Western Railway, I.
which is given the following communisation from
T. W. Kennard, the engineer in chief, dated
Meadville, Pennsylvania, the 9th inst. :
I ara happy to say that all goes on well. I hope to outs-
piste to Alum and the branches to the od wellb in, say
two months, for 1 have now a large force of men. Tins
monthly balanoeelteet is a much better test of the wdok
done than the progress esetioo, for some mouths, if the
work is light, will make a great show. Last month we
were eopged is heavy work, and thus it does not show so
well as the previous month. More cubic yards, however,
were moved. M. Navarro IS now with me, sod is 1 thiak
perfectly aatittied with the progress nude ; he ought to be.
I have hsd tremendous difficulties to contend against, and
still I hope to complete the whole line during October, the
month promised.
With reference to the market for American se...i-
rides, Mr. E. F. Satterthwaite reports as follows :

Jo the market for American securities in London, during
the past week, there has been no particular feature. The
advance in railroad bonds of the previous fortaight bee bees
steadily maintained, but not made further pogrom. Illinois
and Erie shares have been duller, and have given way front
gto I per cent. Business in United States Bonds has bees)
very limited t Virginia Six per Cent. are steady, about 45,
this price including three overdue coupons.
_ _ _ - - -

At a meeting held on Tuesday at Manchester,
of the creditors of Messrs. Rostron and Co..
Brazil merchants, who failed early this month, ass
unfavourable balanoe-sheet, showing liabilities to
the amount of 318,175:., and assets estimated at
only 84,0921., was presented by Messrs. troonte,
Child, Murray, said Co., the accountants.
The following resolutions were proposed and
carried unanimously :
That Weems. John Fieblen, Sam. Mendel, and Willies'
Southall be appointed a committee to investigate the
amounts, sad tram ections of Masers. Richard Itionronb"
Co. and the Brasil houses, with power to employ all
needful aseistanoe for this purpose; sad, if they should
think fit, to arrange with such peruoo or persons as they
may think proper, to go abroad. to ascertain the position of
the Brasil houses., or say of them, sad superintend the
realisatiM of the mesh, rod adjustment of claims there,
with liberty, if they think it &amiable, to avail Unmet's;
of Yr. Dutton's stsistance for any of the purpose, afore..
seid. That this meeting be adjourned to the 27th day
of November met, by which time it e hoped that Gulfs-
civet information will have been received to enable the
committee to report as to the position of the Brazil
homes, and the probable result of the reel/natio° of the mods
there.

WIDr►nDAY EVIKIMIO.

Consols, whichclosed yesterday at 93„ to j, both
for money and the 4th of September opened this
moning at the same quotation, and closed at 93 toe.
The official business report is as follows:
Throe per Cent. Consols, for money, 931, 93, I;
ditto for account (Sept. 4), 931 ; Three per Cents.
Reduced, 931± 93, l; New Three per Cents,
934, 93, k ; Thirty Years Annuities, 1885, 151;
Red Sea Telegraph, 21; ; India Stock, 730 ; ditty
Five per Cent. Stock, 1084 ; ditto for account,
108} ; ditto Bolide, 295. pram ; Five per Cent.
" enlaced " rupee paper, 1033,104 j.
The closing quotations for shares in new under-
takings today were as follows :—Bank of Hindus-
tan, lf to 1 ; Northern Railway of Buenos
Ayres, ;to prem. ; Buenos Ayres Southern.
Railway, ; to d pram. ; Bank of Queensland, le to
01 dia. ; London, Buenos Aynts, sad River Plata
Bank, to A prem. ; London and Middlesex Rank,
dia to par ; Metropolitan Wagon, f to 1 prem. ;
North London Park, to ' prem. • Canadian Oil.
to prem. ; and Irish Rolling knock, Ato dis.
An improvement was quoted to-day in Royal
Danish Railway shares.