The Express.
London, England, 1858-05-15 00:00:00

MONEY MARKET-THIS DAY.

Two o'CLooi.

The fends toile,' bare been perfectly stationary
in price, pending the resift of the important debate
in the House of Commons. In all the other

markets there is great dulness, no new
feature of interest being presented. Little
business is going forward in any quarter. The large
increase of bullion in the Bank of France is -viewed
with satisfaction.

Console are quiet, at Wit to for money, and 974
to for the 3rd Jane. The Three per Cents. Reduced
_ _

have been dealt in at 961 to ; the New Three per
Cents. at 914 to 98 ; the New Two-and-a-Half per
Cents. at 82; Bank Stock at 2211 to 2221 ; Exche-
quer Bills, March, at 41s. to 445. prem. ; ditto,
June at 38a, prem. ; Exchequer Bonds, 1859, at
1011 to 1; and India Bowls at 225. to 243. prem.
The New Indian Four per Cent. Debentures are
officially marked 1001.
Little business has been done in the foreign
stock market, but prices are steady. Turkish
Six per Cents. are rather better, at 981 to 9/1.
Sales are recorded as follows :—Brazilian Old The
pee Cents, 1021; Buenos Apes Six per Cents. for
account, 821; Dutch Four per Cent. Certifi-
cates, 99i to 991; New Granada Two-sad-
a-Quarter per Cent. Active Bonds, 211
Russian Four-and-a-Half per Centi., 1021; Spanish
Three per Cents., for account, 441; Turkish Six per
Cents., 97 ; ditto for account (May 31), 981, 97 ;
Yeneruela Four-and-Three-Quarters per Cents., far
account, 371; ditto Deferred Two *Cents., 15.
The amount of gold withdrawn from the Bank
yesterday for exportation was only 10,0001., making •
total of 130,0001. since the date of the Bank return
given below. For the moment the continental de-
mand is met by the supply of newly-imported gold ;
' and the fresh arrival of 388,0001. in specie an-
, nounced yesterday afternoon is calculated to allay nn-
, easiness. In some quarters there is a strange dis-
c position to regard the remittances of gold to the
Continent as unnatural and as requiring special ex-
planation. In reality the movement is quite in the
natural course of affairs. During a certain period
nearly all the gold imported was retained here ' • but
this state of things rarely lasts long, for England is
I virtually the bullion agent to many other states,
both continental and trans-oceanic. The mere

position of the continental exchanges is sufficient of
itself to account for • flow of gold from
this country. There is no reason to ap-
prehend that the drain will be carried so
far as to be productive of serious inconvenience ;
but the withdrawal of about a million from the
Bank in little more than a fortnight, coupled with
the expected diversion to the Continent of the in-
coming supplies, is calculated to modify the extrava-
gantly sanguine views lately entertained in specu-
lative quarters respecting the prospects of the money
market.

-- -
Rumours of a coming Brazilian loan are in circu-
lation, with what foundation remains to be seen.
The whole of the 207,8161. in gold brought by.the
steamer Teviot has now been taken for the Continent,
besides the 80,6131. brought by the Avon. The
Brazilian gold coin by the latter venal was sold at
775. Bd. per oz., and the Portuguese gold coin at
775. 6d. per oz. The 19,10 W. per the Morning Star,
from Melbourne, has alto been purchased for expor-
tation, although not yet delivered.
The change of wind has had the effect of bringing
forward some large supplies of Australian gold. The
Bwiftsure has arrived off Falmouth from Melbourne
(in 77 days), with 80,060 ounces of gold,worth about
320,2001. In the event of the wind continuing as at
present this supply will probably reach London early
next week. The Thames has alw-arrived from Gee-
long, with 10,660 ounces, worth 42,2001., and the
Water Nymph, from Adelaide, with one box of gold,
of small value. The Tagus, from the Peninsula, has
brought 26,3081.
Except as regards bills on Paris, which were
quoted slightly lower, the foreign exchanges yes-
terday were steady. Paper on Paris was less
inquired for, and the tendency of this exchange was,
consequently, a shade more favourable. The cur-
rent terms are shown below :
Amsterdam, three months, 11.161 to 17} ; do., ghat,
11.14 to 15 ; Rotterdam, three months, 11.17 be } ;
Ashram, three mon 25.271 to 92 Ramberg, swim
beam, three months 18.6 to 1 ; Part., three div:ze
26.2} to 16; ditto, three months, 26.30 to 21;
ott-theasine, three months, 118} to I; Petembinzleg
ro., three months, 85 to 1; Vienna, go., three
10.31 to 3 ; Triode, do., three !months, 10.32 to 4;
Madrid, three months, 481 to 49 ; Cadiz, three months, 491
to i ; Leghorn, three mmtbs, 29.65 to 60 ; Game, Wee
months, 16.47} to 574 ; Naples, three months, 411 to I; Pa-
lermo, three months, 126 to } ; MomMe, three swaths,
1161 to 1; Lisboa, 90 days, 611 to 1 ; Opato, 90 days,
611 to f.
It is now understood that creditors representing
nearly 600,0001. have signed the deed authorising
Mesas. Calvert and Co., the brewers, to carry on
their business under inspection.
The following circular has been addressed to the
shareholders in the Punjaub Railway Company :
&Ind. Railway Company, Greaten-house,
0/d Broad•street, May 12.
am instructed to inform you that, In casinos:me
of the large amount already paid to the lion. Rest India
Company, so farther payments mu be received in anticipa-
tion of calls on the capital of the Priojeub Railway mug fur-
ther notice, and alsothat it is act intended to make soy call
os account of the same during the current year.
I am, air, your obedient servant,
(Signed) THOMAS ButtimmL, (Secretary.
The return of the Bank of England for the week
ending Wednesday, May 12, compared with the pre-
vious weekly return, shows the following results:
Circulation issue
Circulation active 20,379,265 Demme 192,400
Pübliodeposite
Other delimits
Government securities In
basking depulassit , 9,626,663 Damao 788,918 Other emeritus in banking
department 16,211,038 Domes 77,029
Cola and bullies is both
departments
gems day sad other bilis ,877,842 Inatille 36,196
The Beet
Notes ist reserve 11,113,840 Demme 302,620
Total rearm (notes rein)
&besides department 11,893,442 Decrease 288,367
With the exception of the decrease of nearly half a
million in the bullion, which was anticipated, these
changes cannot be considered unfavourable, for the
Bank have paid off two millions of Exchequer
Bonds, with but a small decrease of their reserve.
Bankers and other holders of the Bonds bad no
means of employing the money, and therefore left
a large amount of it as" other" deposits. The Bank
themselves held a considerable amount of the
Bonds, 400,0001. or upwards, a circumstance which
partly explains the decline in the Bank's stock of
government securities. The position of the " other"
securities denotes that the establishment still obtains
very little discount business.
The Gazette statement of the movement of the
pinions metals for the week ending Wednesday
last gives the following totals, via.:—lmports of
gold, 169,4391. ; exports of gold, 462,1961.; imports
of silver, 138,4081. ; exports of silver, 108,4621.

BANK Of ENOLAND.—ia iteeeml, smut to So ASTS sal
StiNic., e.B; tor the INS mall so *Walln. SS A alli
sostgia.
1A5,900
Mr rot Pathos ILOULIO6
am
amass' /31.403.163
WWI* 11101.1111 ff OM
.1.70911803111. MORI - .03:WOCO eeeennmee IletSwitlee
Rai Tan
ovjood "
wan! •
IttgrebmDe ern elud
Domain of Newt Deem 11e.111,..0
Debt and Pew- Axe, 3,701,10 gold two Illsor Cob TWOS
Mbar
Isis ttssad &moat
siiiilit WASs 14.111.138
I,
ax7ra.ai SISSO3I
May 13. 1816 X. KASHIALL. (Std alibtio.
______

FILTDLT Itnumre.

The funds to-day were very dull, but not lower.
The closing quotations were the saute as thaw of
yesterday. The ernbarrametests of the Ministry
,12111011 a Proojactl topic allienstion, but it may