The Express.
London, England, 1860-02-08 00:00:00

i

MONEY MAREB7.-IBIS DAP

Two o'CLoox.

The funds remain fiat, pending the production of
the budget. Prima have sustained scarcely any
altsratioa, bat Consols may be purchased rather
more cheaply than yesterday for delivery in March.
This is " settling day " in Consols, and little other
basins.' I. going forward. British railway stacks
in amoral instance' are better, whilst Grand Trunk
of Canada has fallen. In other respects, the share
markets present no feature of interest, business being
stagnant.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes were quoted
87.86, being 1 per cent. lower than yesterday.
The Indian rupee paper is quiet, with little change
in price. The Indian Five per Cent. Stock of 1869
shows little recovery from yesterday's decline,
being marked 102 j to 103. Exchequer Bilis have
farther improved to 235. to Me. prem. The Indian
Four per Cent. Debentures are less inquired for.
Consols are officially marked 941, 1, and j for
money, and 941 for the new account (March 8).
The present quotations are 941 to j for cash, and
941 " sellers," for March. Bank Stock has
also been dealt in 2301 and 229 ; the Three
per Cents. Reduced at 941, 1, and 1 ; the New
Three per Cents., at 941 and 1; India Stock, at 2191;
the Indian Five per Cent. Stock, at 1021 and 103 ;
the Five per Cent. enfaoed rapes paper, at 981;
ditto Five-and-a-Half per Cent., at 1031 104, and
1031 ; the Indian Four per Cent. Debentures
of 1868, at 971; ditto, 1869, at 971; India Bonds,
at 31. prem.; and Exchequer Bills, at 28s. and 23..
prem.

Little business has been done in the foreign stock
market, but prices remain steady. The only 'aria-
, tion worthy of notice, is an improvement of per cent•
in Turkish Bonds. The Loan of 1864 is quoted 781 to
79, and that of 1868, 88 to 1. Sales are
recorded as follows: Brazilian Four-and-a-Half
per Cents., 1868, 93j; Chili= Four-and-a-Half
per Cents., 87 ; Dutch Four per Cent. Cer-
tificates, 101/ ; Peruvian Three per Cents.,
71; Portuguese Three per Cents., 1863 (small),
46; Russian Four-and-a-Half per Cents., 971,
971 ; Spanish Three per Cents., 441 ;
ditto Naive, 111; Turkish Six per Cents., 1864,
781, 781; ditto Six per Cents., 1868, for account,
88, 861: ditto Gaaranteed Four per Cents., 1021
Si div.

The New Canadian Five per Cent. Loan is steady,
at 2/ to 21 prem.

The discount market remains is an unsettled state,
owing to the unoertainty which prevails respecting
its future course. Most of the bill-brokers' and

are desirous at present to do u

little business as: possible. They consequently only
entertain pressing applications from regular casto-
mere. Four to 41 per cent. are the lowest terms for
the best bills having from two to three months to
run. Six months paper is quite out of favour, bat
ocossional transactions take place in the best Ups-
tate", at 51 to 6 per ant.

Some considerable purchases of Exchequer Bills
have been effected during the last few days on banking
account, although last week's experience denotes that
bankers must not rely upon being able to realise
them i 3 times of pressure.
The amount of gold withdrawn from the Bank
yesterday for exportation was 8,0001. The residue of
the 148,0001. by the Donald M'Bay was taken for
abroad, but the demand was not active.
The remittanoss of gold and silver for Bombay by
the steamer Para, on the 12th inst., are expected to
be moderate. _ _

On'Change yesterday afternoon there was •further
advance in the exchange on Austria, and a decline
in that on St. Petersburg; the alteration in each
case is in favour of this country. Tee other ex-
changes were firm, and in one or two instances the
tendency was to improvement. The rates are shown
below : _ _ .

Arortardsrs, tam swaths, 11.16 f to 16} ; ditto short, 11.121
to 13; Itottardem, three months, 11.16 to ; Antwerp, ;bras
flbOatba, 26.20 to 6 ; Ramberp, marks mOO% three months,
13.6 to e; Paris, dues days eight, 26.71 to 121 ; ditto,
three mamba, 26.36 to 71 ; Fttrt-oolme-Konot this
months. 117 k to I; Petaibarg, pm rouble, three months,
84i S. j ; Mena, J. do., three moths, 13.70 to 90 ;
Tweets, ditto, three months, 13.70 to 90; Madrid, three
mostba, 491 to I; OedM. three swabs. 991 to Lor
hes% 1344 aktatba, 114.60 to 6; Gesoe, twee months,
38.40 to 6 ; ltsdee, three months, 40i to I ; Palermo,
Sees toratha, 121 to i ; Meares, three months, 1211 to
Lisboa. 90 days, 62} ; Oporto. 90 days, 621 to 63.
The monthly return of the Bank of France will be
published on Friday next.
An arrangement has been concluded between
government and the Royal Mail Steam Packet Com-
pany the effect of which is to accelerate by three or
tour days the arrival at Southampton of the home-
ward steamers from the West Indies, thereby allow-
ing replies to letters to be sent by the outward
packets. The steamers will be due at Southampton
on the 14th and 29th of every month, instead of the
and and 17th, while the outward steamers will leave
that port on the and and 17th, as hitherto. The
acceleration of the service will come into operation
with the steamer from Southampton on the tad of
March next, and with the mail due in England the
middle of April.
The forthcoming dividend on the stock of the
Landon and Blackwell Railway Company is officially
announced at the rate of 4 per cent. per annum.
The weekly traffic return of the Grand Trunk
Railway of Canada, just received, shows an increase
of 3,9971. sterling.
At the adjourned general meeting of the Great
Ship Company, held yesterday, the report of the cow-
-1 mates of investigation was received and adopted,
I and the following gentlemen were elected as an en-
tirely new board of directors :—The Marquis of
I Stafford, Captain C. E. Mangles, Messrs. Henry
I Thomas Hope, Samuel Baker, Joseph Rodney Croe-
key, and Daniel Gooch, and Hon. Captain Car-
negie, R.N. Thb new directors were authorised to
raise additional capital by way of debentures or
otherwise.

The half-yearly meeting of the Electric and Inter-
national Telegraph Company took place yesterday, at
which the directors' report, recommending a divi-
dend of Si per cent. for the half-year, was adopted.
At the meeting of the General Iron Screw Collier
Compasy,whichwu also held yesterday, the directors'
report stated that the operations of the half-year
showed a profit of 10,7271, and those of the year •
profit of 18,3291. 10e. 4d. The available balance was
stated at 6,0001., which the directors proposed to dis-
tribute at the rate of 11. per share, in redaction of '
share capital, but an amendment was carried in fa-
vour of its being paid as • dividend at the rate of
121 per cent.
Mr. J. St. Barba, more than twenty years con-
nected with the Bank of England, and who for the
last seven years has been principal of. the private
drawing-office in that establishment, is appointed
manager of the Charing-crose branch of the Union
Bank of London.
The quarterly sales of indigo commenced yesterday.
Messrs. H. W. Jeweebury and Co. report asfollowe
We bag to inform you that the quarterly melee of indigo
ocoamemed able day, ocateiaiteg of 7,621 chide (inithedimy
she abide of old goods, bought In er or withdrawn tram,
former mho, and 1,007 oboes fa saeoJ limade). There wee
a 044 utgagsaes, sad biddisp eommenesd with modest,
establlststag the advises steady obtained to tho
smeket en the ram of Othibar laat ; geed sod gs. da.h.sbis
Doge nellsing ed. le M. per -higher, middling and
magas, 3d. n fth. ; par to 4d., and to
some Wanes, mem ; tey led Madras warn teat it
rarest, end only NS Ism rfr rear, exeeptiag tor the
deer Mate, which eat ebeat 21. dearer. Thin are about
2.000 ours of new garb to the sale, coaslmieg akar of
Kama, Mathes, SINN imeel• et Oeile, me • lbw perces of
Bengal, &newish, wish lee emeepies et the *am,
are of an eilleety ebereder. The Sams as • Meek is
sepwtor in qmilltr to that of rinser Wee, time belag •
Lager propordia of good essillies. Abbess k the obey et
Dm gods le bilerior, • pool impel eimetamik my be
trued in the double lots, the erttbdeewa eel bewskiria of
former sales. 1,440 cheats have panel today, of wide $6l
wire withdrawn, 493 bought in, and 692 sold.

.0

The Jessie Batley and Earl of South Bak hay*
arrived from Chioa w►th 1,016,600 lbe. of tea, and
491 balm of silk.

TVISDAI
Consols, which closed yesterday at 941 to 1 for
money and to-morrow's settlement, opened this
morning at 941 to 1, fell to 941, " sellers," and
closed at 941, " buyers." For the Bth of March
the last price was 041, " buyers." The " continua-
tion" at the close of the settlement was 1 per
cent. The official liminess report is as follows :
Three per Cent. Consols, for money, 941_, 1,1,
ditto, for account (Bth Feb.), 941, 941 ; Three per
Cent. Reduced, 941, 1, ; Thirty Years Annuities,
expiring in April,lBBs, 171,171 ; Bank Stock, 229;
India Stock, 219, 2171, 2191 t the Indian Five per
Cent. Stook, 1869, 1031, h, 21, 21, 3; the Indian
Four per Cent. Debentures, 1868, 971; ditto, 1859,
971, 971; the Five per Cent. " enfaced" rupee paper,
98+; ditto, Five-and-a-Half per Cent., 1041.
The New Two-end-a-Half per Cents. were also
officially marked 781 and 781.
The Indian rupee paper to-day was steady. The
Indian Five per Cent. Stock of 1859 fell 1 to 1
per oent., closing at 1021 to 1. India Bonds were
quoted 2e. dim. to 3s. prem.
The foreign stock market was quiet, but steady.
Turkish Bonds have scarcely varied from yesterday's
prices, the Loan of 1864 bolos- quoted 'lBl to /,
and that of 1868 at 661 to 681. Mexican Bonds
were dull, and Russian Throe per Cents. flat.
Bank of Australasia shares were again offered to-
day. Now that the time for the declaration of the
dividend is drawing near, Ottoman Bank shares are
in demand, and have advanced to 191 to 1. The
new chiral of the Provincial Bank of Ireland were
marked 30 (101. paid). Madras Irrigation shares
were inquired tor. London Dock stock was dealt
in at 70, being lower. Great Ship shares have de-
clined to 9s. 9d. to 10e. 3d., or exactly 50 per cent.
discount

The scrip of the new Canadian Five per Cent.
Loan declined 1 per cent., closing at 2k to 2} prem.
Oman Marine Insurance share. were quoted this
afternoon 2 to 21 prem.; Universal Harm, 9-16 to
11-16 prem. ; San Paulo Railway, 3to 3-18 dis.;
Bank of Turkey, I dis. to par; and City of London
Brewery Preference, kto prem.