The Express.
London, England, 1859-04-07 00:00:00

MONEY MARKET-THIS DAY.

Two olhoffi.
In the Stock Exchange to-day the attention of
the members is almost exclusively occupied with
the monthly settlement in Consols, which show 'till
a diminished supply of stock. In several eases the
dealers have been found willing to borrow stock
without " contango " up to the May settlement.

The market is consequently firm in character, and
prices are quoted about 1-16 per cont. higher than
at 4 o'clock yesterday. In the other departments of
the Stock Exchange business is almost suspended ;
prices are nominally unchanged.
The telegrams from the Paris Bourse of this day
have not yet come to hand.

Consols are very quiet, at 951 " sellers " for
money, and 961 " buyers," for the sth of
May. The Three per Cents. Reduced have
been dealt in at 941 to ex div. ; the New Three
per Cents., at 941 to 4 ex div. ; India Stock, at 220 ;
India Bonds at 10a. preen ; Exchequer Bills, at 32a.
to 36e. prem. ; and Exchequer Bands, at 1001.
The foreign stock market is likewise quiet. The
Old Turkish Six per Cents. are rather firmer, at
'921 to 931. The New Loan remains quoted 781
to 791. Other foreign securities exhibit no alteration.
Sales are recorded u follows:—Bruilian Old Five
per Cents., for scot., 100, 1001 u div.; ditto Four-
and-a-Half per Cents., 18.52, 94; ditto Four-ande-
Half per Cents., 1868, 941, 941; Buenos Ayres Six
per Cents., for account, 801; Dutch Four per Cent.
Certificates, 100; Mexican Three per Cents., 211 ;
New Granada Three-ands-Half per Cent. Active
Bonds, 191; Portuguese Three per Cents., 1863,
461; Turkish Six per Cents., 1864, 921; ditto for
account, 921, 93.

Lord Derby has given notice that after the second
reading of tU Indian Loan Bill in the House of
Lords, he will move the suspension of the standing
orders, so that the bill may receive the royal assent
to-morrow.

It appears from a parliamentary return just issued
that the amount of Exchequer Bonds of series " B,"
dated May Bth, 1854, and redeemable on the Bth of
next month, is 2,000,0001.

In the diioonnt market yesterday considerable ac-
tivity prevailed, but good bills were readily taken at
the Bank minimum. The applications at the Bank
were rather numerous. The dividends will be payable
to-morrow, and the bulk of the loans made during
the shutting of the transfer-books fall repayable on
the 12th and 13th.

A telegram from St. Petersburg notifies the issue of
an imperial decree authorising an issue of Foar per
Cent. Bonds, to an amount not defined. It is believed
that by this operation is contemplated the funding into
a Four per Cent. debt of the deposits lodged in the
banks, at 3 per cent. interest, and long ago employed
by the government in various ways, including loans
on security of estates, &c. It is presumed that the
conversion will be a voluntary one, and that the in-
crease of 1 per cent. intermit indicates the induce-
ment held out. The object is of coarse to strengthen
the general financial position of the state, and thus
to pave the way to a restoration of the Russian cur-
rency. At home a funding is announced, in con-
junction with a foreign loan.
Yesterday was the first day for transfers in the
government securities upon which the dividends are
about to fall due. The regular re-opening of the
books for the Reduced Three per Cents. takes place
on the 13th, and for the New Three per Cents. on
the 19th.

A further parcel of 48,0001 in gold, making a
total of 300,0001 since the date of the last return,
was yesterday withdrawn from the Bank for exporta-
tion.
The government will send about 350,0001. in
silver to Bombay by the steamer of the 12th instant.
The purchases on private account for this vessel have
not been very extensive, but fresh orders are expected
during the next few days. The Bombay exchange
is rather leas unfavourable.
The financial advice' from Bombay prove less un-
favourable than was augured from the tenor of the
telegrams. Government securities, though still
heavy, were not quoted lower than by the previous
mail.
The directors of the Scinde Railway Company
have made a final call of 31. upon the shares in the
first issue of capital, and offer to the shareholders in
the second issue the option of paying in anticipa-
tion the remaining 10!. per share up to the 28th inst.
The Paris Presse states that the subscription for
the 80,000 shares in the new Society of Commercial
and Industrial Credit has exceeded 160,000 shares,

irrespective of one subscription to the extent of
76,000 shares, which was rejected.
The London and North 'Western Railway traffic
return shows this week an increase of 6,2471. ; the
Great Northern an increase of 601. ; the Great
Western a decrease of 8881.; and the London and
South Western a decrease of 8141.

At the quinquennial meeting of the Alliance As-
surance Company held at the office yesterday a bonne
of 16s. 6d. a share wu declared, making with the
half year's dividend now due an aggregate sum of
11. 6s. a share—which is orderedfor payment on and
after Monday next, the 11th inst. The dividend for
the ensuing five years will be continued at the present
rate of 17s. a share (or 71. 14s. 6d. per cent. on the
111, paid up), a sufficient sum having been reserved
out of the profits ascertained and declared to provide
that rate of dividend.
The report of the directors of the City of London
Life Aglttranol) Society, presented at the annual
meeting held yesterday, congratulated the proprietors
on a large accession of new business, "notwithstand-
ing the immense comoetition to which life assurance
continues subjected." Daring the past year new
policies have been completed representing 210,0341.,
and producing a premium income of 7,4801., being a
larger amount of new businees than hubeen effected
in any year since the establishment of the society.
The accumulated funds of the society would have
been very largely increased but for the recent addi-
tional purchase of the business of other companies,
from which the directors anticipate satisfactory re-
sults. It is intimated that " the society being now
established on a firm basis, the directors are devoting
their earnest attention to economise the working ex-
penses of the office as far u possible, without im-
pairing its efficiency." The report adds that:—
Important alter...Voce in the divisional shore of the ea•
pital; powers fur increasing its amount; and other measures
enabling the direetns to increase the sphere of the society's
trausectioes, have been introiuced in a supplemental draft
deed of settlem. nt, approved by the Joint-Stock Company's
Regis' rat, which will be submitted to an estraordins7 mete.
Ing of the proprietors, convened for the 13th April next.
With this improvement in the constitution of the society,
the directors are confident that the beat results will be
secured.
The Four-and-a-Half per Cent. Debentures of the
East Indian Railway Company were quoted to 1,1
prem., and the new "F" shares to I prem.
At a special meeting of the committee of the Stock
Exchange yesterday, it was resolved to postpone the
settling day in the Four-and-a-Half per Cent. De-
bentures of the East Indian Railway Company until
farther notice. This course was deemed advisable
tiwnhheceodatagreceutrenceudyeobefapniFresine
appointed—viz.,
wn"—ilrlvtaiizban:reireoryvofaowiliuthgenageBbt;yo
inst. The settlement will therefore stand over until
the bonds are in order for issue, which may possibly
be to-morrow after all, or at most some two or three
days later.
Subjoined are the latest quotations of insurance,
canal, and other miscellaneous shares, as given in the
last Stock Exchange List :
Insurance Shares :—Allience, British and Foreige, 18,
18}; ditto Marine, 69; Guardian, 66, 551 Indemnity
rine, 156 ; Liverpool sat London Fire and Life, 101; Lon-
don, 411, ex div. and bonus; Roysl Recharge, 300.
Canals:—Grand Junction, 64; ditto, Guaranteed Biz per
Cents., 12 ; Kennet and Ave., 61, 6, 61; Regent's, In.
Waterworks :—Cbeleen, Ilf But London, 124; Grand
Junction, 70, 71; ditto, New, 36
Gas Light and Coke Companies:—lmperial Continental,
481.);oct.ondce, 29, 31, 38.
:—Rut and West India, 126, 126 ; Vic'orls, 103.
With reference to the market for American Rail-
way securities, Mr. E. F. Satterthwaite reports as
follows :

We have lad, daricg the pad wady an inanimate slashed
in London for Amadeus sworitirs; thew has, however,
beat a fair dread it Ustital Btives Five per Cosh