The Express.
London, England, 1860-10-08 00:00:00

MONEI' MARKET-21A DAY.

•

Two o'OLocw.

The funds to-day have experieseed no variation
whatever from the olosiag quotations of Saturday,
and very little business has been done. The
only feature of interest in the Stock
Exchange is the continued rise in British
railway stocky, particularly in Lancashire and
Yorkshire, Midland, and North Eastern. Great
Wertueern dofemanCand.ada Railway shares likewise con-
tin in

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. B.entes opened at
89fr. 100., but receded to 69.05, being sc. below
the last price of Saturday.
Console are officially marked 931. and If for
money, and 931 for the account. The present quo-
tations are 93i to / both for money and next
Thursday. The official business report is as fol-
lows:—lndia Stock, 221 ; ditto Five per Cent.
Stock, 1859, 1033, g, g ; ditto Four per Cent.
Debentures, 1858, 961, g ; ditto Bonds, 4e. die. ;
Exchequer Bills, ha. to 2s. prem.
The amouut of business in the foreign stock
market has been moderate. There is very little
change in prices ; Mexican bonds are rather dull.
The Turkish Loan of 1854 is quoted 731 to 74 ; and
that of 1858, 50 to 1. Salesare reoordedas follows
Brazilian Old Five per Cents., 971; ditto Four-and-
a-Ball per Cents., 1862, 871; ditto Four-and-
s-Hal per Cents., 1860, 88 ; Dutch Four per Cent.
Certificates, 991; Mexican Three per Cents., for
account, 221 ; Portuguese Three per Cents., 1853,
for account, 44,1 ; Russian Five per Cents., 1041 ;
ditto Four-and-a-Half per Cents., 94; Spanish New
Deferred Three per Cents., for account, 391 ;
Turkish Six per Cents., 1854, for account, 731 ;
ditto Six per Cents., 1858, for account, 561 ;
Venezuela Oae-and-a-Half per Cents., 121.
The dividends will not be payable at the Bank
until next Saturday. Their release will pro-
bably have a certain influence upon the market ;
but, considering the fairly active condition of trade,
the demand for gold to pay for corn abroad, the
decline in the receipts of specie from the United
States, and the prospective absorption of money in
the new cotton crop, there is an impression that,
before many weeks are past, the demand will be
more pressing. It is probable that some consi-
derable amounts of gold will be taken from the
Bank next week for exportation to Spain and other
quarters, unless supplies come forward immediately.

The Bank of Frankfort has raised its rate of dis-
count from 2 to 3 per cent.
The Illinois has brought 90,0001. from New
York, but the whole is for France.
The arrivals of spoon) last week amounted to only
about 50,0001., nearly all from New York.
The Liverpool cotton market on Saturday was
firm. The sales amounted to 15,000 bales, of
which nearly one-half was on speculation or for

export,
To-morrow is the last day for receiving
tenders for the Cape of Good Hope Government
Debentures, amounting to 200,0001. In some
quarters, 103 per cent is spoken of as a fair prise
to bid. Upon a previous occasion, similar deben-
tures fetched as high as 106.
The following communication, relating to the
Oriental Inland Steam Company, is from an official
source :

By the Burobay mail just arrived information has been
received of the continued pressure for transport on the
Indus. When the Oriental Inland Steam Company'.
steamer Sutlej left Kurrachee for Youltan more than double
the cargo that she was able to take was offered for carnage.
It Appian that • preliminary trial of the system of steam
trains introduced by the Oriental Inked Steam Company fee
ra;rmtttetttbtr rivers
results.
trabetennwrdtt: uponwas the
it is 'Rated, will be de to carry about three thousand tom
of eery upon a draught of water of throe feet, and it was
found to be wily manageable, and its action satisfactory
is every respect A more public trial will shortly be made,
to white fun publicity will be given
Reference was made in our impression of Friday
to a projected Australian cotton company. We
understand that a sample bale of Australian cotton
has been recently received in the London Docks, the
produce of the lands of Mr. E. A. Hickey, which
has been valued both by the brokers in Liverpool
and by Mr. Barley, M.P., at Is. 6d. per lb. Mr.
Hickey, who is the promoter and a director of the
company referred to, has already produced a paper
on the relative advantages of Australia as a cotton
field, as compared with the United States, to which
country he went expressly to inspect the cotton
phintations. In this paper he maintains that Aus-
tralia will, before many years are past, render
England independent of the United States for her
supplies of raw cotton.
l'he half-yearly dividends on the shares in the
Alliance Assurance Company will be payable on the
10th inst.

&TIMMY SWIM
Consols, which closed yesterday at 93i,
toe for money and next Thursday's settlement,
opened and closed to-day at the same quotation.
For the Bth November the last price was 93 7-16 to
the " contango" being 3-16. The official busi-
ness report is as follows :—Three per Cent. Con-
sole, for money, 93},; ditto for account (Oct.
11), 9311, ; India Bonds, la, 4s. du.
There was scarcely any business in Indian govern-
ment securities, The Five per Cent. Stock of 1869
was quoted 1031 to ; India Bonds, 4s. to Is. die. ;
and Exchequer Bills, Is. to 4a. pram.
The foreign stock market was likewise quiet,
and scarcely any alteration occurred in prices.
Bank shares remain without alteration, and met
with little business to-day. In the miscellaneous
share market the only feature was a demand for
Netherlands Land preference shares, which were
last marked 1/. East and West India Dock stock
was dealt in at 1291 to 121. Great Ship shares re-
main dull, at 6s. to 6e. 6d.
Victor Emmanuel Railway Bonds were inquired
for, and were quoted rather better.
The new shares of the Midland Railway Company
were quoted 1 9-16 to 1 11-16 prem.
The elating quotations for shares in new under-
takings were as follow :—Ocean Marine Insur-
ance, to 2k prem. ; Thames and Mersey Marine,
fto prem. ; Universal Marine Insurance, 9-16 to
11-16 prem.; London and Provincial Marine, 1 die.
to par ; East India Irrigation, I dia. to i prem.
Gellivara Company, die. to I} prem.
The optional rights scrip of the Illinois Central
Railway Company was quoted 4i to 6.

MINES.-THIS DAY.

Two &ewes.

In the mining market to-day there are inquiries
for Great South Tots= shares, which have been
dealt iu in the Stock Exchange at 14. The other
transactions have been chiefly in shares in Wheal
Unity, great Retallack, West Caradon, Stray Park,
and East Wheel Russell mines. The market is •

quiet, with little change in prices.
Foreign and colonial mining shares are steady.
Dun Mountain Copper have been dealt in at par,
and Scottish Australian Mining at be. dis.
A petition for the winding up of the Swanpoul
Mining Company (Limited) is to be beard in the
Slannarise Court on the 15th inst.

At Wlseil Margery meeting on the 3rd inst. the amounts
allowed a etedft balance of 1191. 3s. Td.
At West Condurrow Mine meeting on the 2nd lust. the
accounts shored a debit balance of 4591185. Id. A. all of
Ioa put ewe was made.
Welled& Consols on the ari inst. declared a dividend of
IL per Ewe, leaving 8091. to the credit of the neat ac-
count.
The Rai eyries Gill Lead Miming Company have de-
tailed a dfrifkeitof 3f. per share.

Talc Lkorai Locc-ovr. The propowiln
wade laat week by OW men now at strike in the Mechlin
branch et the Notelshane inCe-WW/0, relative to • con-
ference he* held betliken thetncelvee and the manufac-
have not eet Una arranged. The lock-outs are
releeMe aseistanc;. from various pArta of the country, and
1 war • sot to gain at the old price.