The Express.
London, England, 1856-09-13 00:00:00

MONEY MARKET-THIS DAY.

Two ortoci.

Farther heavy sales of stock have been pressed
to-day, and the funds hays again fallen Z per cent.,
making a total reduction of 1 per cent. in two days.
The other departments of the Stock Exchange par-
ticipate in the prevailing depression. Consols are
now quoted 931 to 1 for money, and 931 to I for the
Bth October. Bank Stock for account is marked
220; Exchequer Bonds, 991; and Exchequer Bills
14s. to 17s. prem.
Turkish Six per Cents. have fallen to 1011 to 1,
and the Guaranteed Four per Cents. to 1011 to 21.
Venezuelan and Granadan Bonds are in demand,
but nearly all other classes of foreign securities
show flatness. The sales include Buenos Ayres,
Six per Cents. at 76 ex 'dividend ; Dutch
Two-and.a-Half per Cents., 65; ditto, Four per
Cent. Certificates, 981; Granada Active, 231 to 23;
Mexican, 221, 1, ; Portuguese Four per Cents.,
491; Russian Four-and-a-Half per Cents., 971 to 1;
Sardinian, 911; Spanish Old Three per Cents., 44 to
1; ditto, New Deferred Three per Cents., 261; and
Venezuela Four-and-a-Quarter Fer Cents., 34, 331
and 341.

The whole of the specie ex the Baltic, from New
York, consisting of American eagles, and amounting
to 40,8001., was yesterday sold for ext. ortation to the
Continent. The dollars ex the La Plata, from the
West Indies and Mexico, remain on sale.
The Dornmarket yesterday was firmer, and a re-
covery of Is. to 2s. per quarter from the late fall wee
established in new wheat.
The dividend court of the Bank of England pro-
prietary is to be held on the 18th inst.
The monthly return of the Bank of France, as
made up to Thursday lut, the 11th September, shows
the following results (the exchange taken at 25f. to
the 11.):
Coin and bullion £9,432,100 Decrease £469,300
BWs discoanted
Notes ta eirsulstion .... 24,821,000 Deanne 766.800
Treasury deposits
Priest* deposits
Advances on French go-
vernment esonarities
Mosques on railway se-
curities

This return is not of a satisfactory character. The
item which is meat closely watched on this side is the
coin and bullion, which has declined nearly half a
million, despite the large purchases of gold made by
the Bank in the English market. In the preceding
return there was an increase of 622,0001. Daring
the month 14,0001. appears to have bees thrown away
by the Bank in the shape of premium paid on its
foreign purchases of the precious metal, yet
the manures adopted evidently suffice only to
mitigate the drain. We must consequently expect a
' antinuance of the bullion operations which are now
disturbing our money market. The drain of silver to
the East, which assists the efflux of gold to France,
slows no sign of slackening. From the aspect of the
seer items of the balanoe-sheet we must infer that
Preach trade is far from active. There have been,
however, very heavy withdrawals of deposits by in-
dividual:hand this will partly account for the decline
in the specie. The addition to the Treasury balances
is in preparation for the dividend falling due on the
22nd mt. on the Four-and-a-Htilf per Cent. Rents&
The Bank is curtailing its advances to the Bourse,
bat gradually.
Applications are invited in London for a limited
amount of Canada Government Biz per Cent. Ster-
ling Boods,chargeable on the Uppr Canada Municipal
Loan Fond.
An extraordinary general meeting of Price's Patent
Candle Company is called for the 30th inst., when a
half-yearly dividend is to be declared.
The But India Company will receive tenders

the 17th instant for tge coOnveyanos of stores from
England to Bombay, and on the 24th inst. for the
conveyance of tune from England to Barraohee.
The Emigration Commissioners will receive tenders
on the 18th inst. for the hire of ships, to convey
pasesnprs rapectively to Port Fairy and Sydney.

FILIDAT EVIIMIII.

The fall in the visions Stock Exchange markets
continues. The funds to-day have sustained a fresh
decline of per cent., and closed at the lowest
point of the day. An unsettled feeling undoubtedly
prevail. as regards the prospects of the money mar-
ket, and advantage is taken of this circumstance to
spread a variety of adverse rumours. In every
department of the Stock Exchange the disposition to
press sales, chiefly of a speculative character, was to.
day very decided. A number of these operations
arose from the closing of the accounts of previous
speculative buyers. This process will of cons
render the market intrinsically stronger, although
its immediate consequence is a fall in prices.
The demand for money continues active in all
quarters. and no business is done below the Bank of
England minimum rate..

Console, which closed yesterday at 941 to 1 for the
Bth Oct., gradually receded today, and were finally
quoted 94 to }. For money the last price was 931.
'rhe official businees report ii as follows:
Three per Cent. Comm* for mosey, 94, 94j, 931,
94, 941, 93/ ; ditto, for amount, Bth Oct., 941, 1, 94,
941, 94}. Thmoand-olialf per Cent. Exchequer
Bonds, faling payable in 1868 and 1869, 991, I, 1.

Exchequer Bills remain steady, at 14s. to 17e.
prem. Exchequer Bonds stand at yesterday's re-
duced potation of 991 to 1.
The foreign stock market is prejudiced by the
instal heaviness of the Stock Exchange; but the de.
cline is mainly confined to Turkish domelike,
in which there hes been for some time past

an outstanding speculation for higher price
no fall in thew discriptions amounted to about

per east.

The directors of the Ottoman Bank are advertising
for a London manager. Preparations Sr. in progress
for the organisation of a branch at &groat. . .
- --

The shares of nearly all the new banking projects
experienced& further fall to-day. At the close of the
hones Ottoman Bank shares were quoted 11 to 1 di.;
Bank of Egypt, 11 to Of die.; National Discount.
both old and new shares, 7.16 to 9.16 prem. ;
London Discount, 1 die. to prem.: and GI 1
Bank of Switzerland, 1 die. to par. The old Bank
stocks were generally steady. London and Giant,
Bank shares were more inquired for. Unity Bank
are marked 49. The shares of the London Chartered
Bank of Australia and English, Scottish, and Aus-
tralian Chartered Bank were more offered. Canada
Land and London General Omnihus shares were
flatter. London Dock stock is officially marked 1033
and 104; St. Katharine Dock., 89; and Victoria
Government Six per Cents., 1101.
•

The nominal closing quotations for the newly
projected railways are snbinioed,ris.: Eastern Bengal
Railway, to prem.; Enphratee Valley Railway,
Ito prem.; Ceylon Railway, II to II prem.; Cal.
cotta and South Eastern Railway, par to prem.;
Copiapo Extension Railway, I die. to I prem.;
Italian Junction Railways, to I dia.; Nrw Brune-
l/irk and Canada Railway sad Land A Shares, par
to I prem.; ditto, B Shares, Ito O dis.; Metropolitan
Railway Guaranteed Sharer:, to k dia.; Sitting-
bourne and Sheerness Railway, a to I dia.

The nominal quotations for a number of other pro.
jeels are as follow ;—Europran and India. Junction
Telegraph Company, die, to par; Bernard's Patent
Machine Boot and Shoe Company, I dig. to Sari
West Ham Distillery Company, par to I prem.

The return of the Bank of England for the week
ending Saturday, Sept 6, when compared with the
previous return, shows the following results :
Circulation tom
Circulation stave 19.980.105 Deemed* 144,490
Public, deposits 6.087,068 teems,' 496.729
Othe► deposits
Government ssearities in
_ %asking. department .:, 12,114,078 Without alterit'on

Otherseetirklesiabsaillie
department
Oolis sad bullies la boils
deparemrab
Seven day and Gahm. bills
t Rest
Notes la reserve