The Express.
London, England, 1858-03-05 00:00:00

MONEY MARIE 2-2111.9 DAY.

Two o'eux3l..

The funds to-day are weaker, owing to a fresh
pressure of speculative sales, the effect of which has
not been counteracted by a further purchase
by the government brAter. Prices are now
quoted / to 1 per cent. lower than they closed
yesterday. The share markets are also very dull,
and rather eat.

Consols for the Bth of April ware Brat
marked 97, and are now quoted 961, exactly,
or 96 13-16 to 16.16. For money the present
quotation is 961, " rather buyers." The Three
per Cents. Reduced (though shut) have been dealt
in at 971 ; the New Three per Cents., at 97 to 971 ;
Bank Stock at 226 to 226; Exchequer Bills at 38s.
to 425. prem.; Exchequer Bonds, 1858, at 100 to
1001; and India Bonds, at 295. to 30s. prem.
Turkish Six per Cents, have receded to 1011 to 1.
Russian Stocks meet with some inquiry. Mexican
Bonds are flat. Sake ere reseeded se follows :
Brazilian Four and-a-Half per Ceuta., 101: ditto
Deferred Three per Cents., 171; Mexican Three
per Cents. for account (March 16) 201;
Peruvian Foar-and-a-Ralf per Cents., 801 to
801 ex div. ; Portuguese Three per Cents.,
1867, 46; Russian Five
_per Cents., 10911

to 109, ex div.; ditto Four-and-a-Half per
Cents., 1001 to 100; Sardinian Flee per Centel.,
911 ; Spanish Three per Cents., for account, 441;
Tericia Biz per Cents., for account (March 16),
101; ditto Guaranteed Four per Cents., for ac-
count, 1031.
At Paris to-day (Friday), according to Mr.
Renter's telegram, the Three per Cent. Reales
opened at 09.40 for the account, showing a
decline of 6 c. compared with the closing quotations
of yesterday. The telegram reports " little doing."
The Bombay Mail is expected to be delivered in
London in the course of to-morrow (Saturday).
The more general employment now found foe
money "out of doors" is calculated to induee
bankers to withdraw a portion of their balances
from the Beak. The "other" securities, more-
over, are now reduced to a level at which the
future decline will be less marked. The secs-
nialation of the Bank's •aomployed resources, con-
sequently, is likely to be henceforward slower. As
regards the bullion, it is notorious that the bulk of
the imports are diverted to the Continent. The re-
salt at thins considerations is that, although a en-
duties et the Bank pessimisms rate to 2j per cent.
may be surely deferred, its adoption wee rendered
less probable this week than last.

The directors of the Bonk of England yesterday de-
termined to make the usual quarterly advances upon
gewreneent stocks during the approaching shutting
of the transfer books, at 9 per cent. Inasmuch,
however, as loans can be obtained in other quarters
■poa lower terms, little practical importance at,•
taches to the annonnoement.

The applications for money at the Bank of Eng.
land yesterday were very limited. In the open
market there was a fair demand, bat first-class bills
are readily discounted from 21 to 2i per cent. The
heavy engagements maturing yesterday (the 4th) have
led to no pressure whatever upon this market.
The next monthly return of the Bank of France
will be published in London on Friday, the 12th
instant. The advice' from Paris state that the stock
of coin and bullion has increased since the last re-
turn from 11,314,0001. to 12,200,0001., and that
the bills discounted, which were stated in the last
balimee-aheet at 18,918,0001., have fallen below
18,000,0001., owing to the stagnation of trade.
The Australian mail announces the shipment of
491,0001. in gold for this country on board various
sailing vessels. Annexed is a statement of the total
remittances known to be actually at sea. The
aggregate value is about 1,048,0001., or, including
the 191,0001. in Australian gold on rovairfrom Alex-
and& to Southampton, per the Teviot, 1,239,0001.
Of the amount shipped by sailing vessels, 657,0001.
is now due, or overdue.
Nam& gaged. Neal at Elm Gold on bawd.
ounaa
. : 62Ukr0
Lag :
LYaYr foi OZ:

Told 4mM ISM*

About 45,0001. in silver arrived in the Thames
on Wednesday from Boulogne.
The rumour that the French government con-
templates imposing an export duty upon silver hem
been so often transmitted from Paris that it has
almost ceased to excite attention. It is now revived
in letters from well-informed parties, the probable
amount of the duty being set down at 2 per cent.
This would be equivaleat to something like per
ounce, and would effectually prevent the exportation
of the metal from France. The balance of trade,
however, cannot be unsettled by Imperial decrees,
and Francs would be required to pay her debts in
gold, instead of gold and silver, as at present. To
I meet the Eastern demand for silver, larger draughts
would also be made upon the stocks of that metal
existing in Belgium. Holland, and in the other
states of Central and Northern Europe.
The Eastern Counties Railway traffic return ex-
hibits this week a decrease of 1,0771.; the Lanca-
shire and Yorkshire a decrease of 2,5061. ; the Man-
chester, Sheffield, and Lincolnshire, a deereaae of
2881. •, the Midland, an increase of 1,7791. ; the
North Eastern, a decrease of 1,076/. ' • and the South
Eastern, a decree's of 5881. The Midland is the
only one of the trunk railways the traffic return of
which presents an increase this week. This unfa-
vourable tendency of the returns is encouraging
speculative sales of railway stock, and the share
market yesterday afternoon was much depressed in
consequence. Lancashire and Yorkshire and Lon-
don and North Western stocks are addi-
tionally prejudiced by the approach of the
period when theme companies receipts will
compare with those resulting from the Art Ex-
hibition at Manchester. Above all, the market for
the latter stock is weakened by the reckless compe-
tition now carried on between the London and
North Western and Great Northern and Manchester
and Sheffield Companies. Passengers and goods are
being carried at rates absurdly low and com-
pletely unremunerative. Yet the shareholders seem
content to let their best interests be thus imperilled,
and to leave the respective boards to battle as they
please by means of the common funds.
At the special meeting of proprietors of the
Globe Insuranoe-offiee, held on the 18th ult., thefol-
lowing amendment was moved by Mr. G. T. Tomlin:
. .

That this meeting, having conflde;oe in the committee of
oar.ultation, hereby resolve, that every mime of verifying the
coal emu's amounts, its meets sad its liabilities, and for the
sicartaisment of the system of management in force, should
be nareservedly given to the committee; and, in order
thereto, that the committee be funnelled with all boob,
pipers, and dominants, and be allowed each independent
itemeaosicetion with Mr. Jamieson, Mr. Brodie, sad Mr.
Derierl, sad other agents end °Mears of the company, as the
assemittes may end to be neosseary to abet the object of
web appoinumst.

The amendment was put to a show of hands, and
wu declared to be loot; whereupon a ballot woe
demacded, and for that pupae, the meeting wu
adjourned to yesterday. The result of the ballot to-
day was u follows :-.-For the amendment, 186 votes;
against it, 30{ ; majority against it, 138 votes. The
amendment was therefore declared to be lost.

Shareholders in the Bahia and San Francisco Rail-
way Company, Limited, are required to send in am
bankers' receipts for registration on or before the
16th ApriL Pending the issue of the sealed certifi-
cates, " office receipts" will be issued as vouchers
ler the bankers' receipts.
Meson. Baring, Brothers, and Co., advertise the
dividends on the Cuba Loans of 1834 and 1837.
The Emigration Commissioners require a vessel to
pressed to Adelaide, which must be ready for pas-