The Express.
London, England, 1860-06-21 00:00:00

MONEY MARKET.-THIS DAY.

Two o'CLoci.
The funds are still drooping. A fresh decline of
I per cent. has taken place to-day, owing to some
sales of stock for money', reported to be for ac-
count of the Savings Banks, coupled with the
official announcement that a new Russian Loan will
be launched almost immediately. The market for
British railway stocks is firm, with a tendency to
improvement.

At Paris this morning, according to Mr. Renter's
telegram, Vie Three per Cent. Rentes opened at
68fr. 50c., being sc. lower than yesterday.
Console are officially marked 931, 4, and >f ex div.,
for the amount (July 10). The present quotation
is 934 to /. The official lousiness report is as
follows :—Three per Cents. Reduced, 934, 1, 921 ;
New Three per Cents., 934, 4,1, 93 ; Thirty Years
Annuities, expiring in April, 1885, IA Five-
and-a-Half per Cent. " enlaced " rupee paper,
1021 ; Indian Five per Cent. stock, 1859, for
account, 1044, ex div. ; ditto, Four per Cent.
Debentures, 1858, 961 ; India Bonds, Is., 12s.
dia. ; Exchequer Bills, 2s. prem.
The foreign stock market remains steady. The
Turkish Loan of 1854 is quoted 771 to f, and
that of 1858 601 to 4. Russian stocks
are likewise steady, notwithstanding the impend-
ing issue of a new loan. Brazilian Scrip is marked
1 dis. Sales are recorded as follows :—Brazilian
Old Five per Cents., 981 ; ditto Four-and-a-Half
per Cents., 1852, 88 ; ditto Four-and-a-Half per
Cents., 1860, scrip, 1 dia. ; Danish Three per
Cents., 1825, 824 ; Dutch Four per Cent.
Certificates, 1014, 1 ; Equador New Con-
solidated, 12 ; Mexican Three per Cents.
for account, 214 ; Russian Four -and- a-
Half per Cents., 971; ditto Three per
Cents., 1859, 641, 1 ; Spanish New Deferred
Three per Cents., for account, 39 ; Turkish
Six per Cents., 1854, for account, 774 ; ditto Six
per Cents., 1858, for account, 601, 1 ; ditto
Guaranteed Four per Cents., for account, 1024.
The shares of the Buenos Ayres and San Fer-
nando Railway Company are officially marked in
the Stock Exchange 21 and 3 prem., showing a
considerable reduction.

The shares of the Thames and Mersey Marino
Insurance Company remain quoted at fto prem.
It is officially intimated that the new Russian loan
will be announced through Masers. Baring Bro-
thers and Co. in a few days. Rumour adds that
the issue will take place next week, and consist of
a Four-and-a-Half per Cent. stock, and that the
amount will be 8,000,0001. The price has not
transpired, but ought of course to be fixed upon
the principle of allowing a good margin of profit
to the subscribers, as compared' with the price of
the existing Four-and-a-Half per Cents., which
'were dealt in yesterday at 97, or equal to 941, ex
the dividend due the Ist proximo.
The Stock Exchange is to be closed on Saturday
next, the day for the volunteer review, a resolution
to this effect having been adopted by the com-
mittee to-day. Little business will be done in the
City.
A sum of 3,0001. in gold was sent into the Bank
yesterday.
Notwithstanding the unfavourable weather, no
advance took place yesterday in the corn market.
Messrs. Baring Brothers and Co. announce the
half-yearly dividends, due the Ist July, on Russian
Four-and-a-Half per Cents., Canada Sterling De-
bentures, Nova Scotia Six per Cent. Sterling
Bonds, New Brunswick Six per Cent. Sterling
Bonds, Virginia State Sterling Five per Cent.
Bonds, South Carolina State Sterling Five per
Cent. Bonds, Boston City Sterling Four-ands-Reif
per Cent. Bonds, and Havana Railroad Seven pee
Cent. Bonds.

The Committee of the Stock Exchange yesterday
terminated their inquiry into the case of the Buenos
Ayres and San Fernando Railway Company, and
resolved unanimously that the undertaking be ex.
pu from the official list. Th e resolution stands foe
co on on Friday next.
The London and North Western Railway traffic
return shows this week an increase of) 1,6021. ; the
Great Northern, an increase of 1,9681. ; the Great
Western, a decrease of 2,1831. ; and the London and
South Western, a decrease of 3,481/. The corre-
sponding week of last year was Whit-week.
The directors of the Provincial Bank of Ireland
have declared a half-yearly dividend at the rate of
four per cent., and also an extraordinary dividend
of 11.10. per 1001. share, and 12s. per 101. share.
An extraordinary meeting of the Atlantic Royal
Mail Steam Navigation Company was called for
yesterday', to adopt resolutions for an increase of the
capital from 600,0001. to 750,0001., and to autho-
rise the directors to borrow money ; but, after a
speech from the chairman, the meeting was ad-
journed sine die.
At the meeting of the Royal Exchange Amu-
ance Corporation held yesterday a dividend of 14
per cent. for the six months, free of income tax,
was declared, making 18 per cent. for the year.
A petition for the win ing up of the Australasian
Land and Emigration Company (Limited) is to be
heard in the Court of Bankruptcy on the lltk
of July.
Subjoined are the latest quotations of insurance,
dock, canal, and miscellaneous shares, as given in
the last Stock Exchange list :

Insurenee.—Ates, 161, 1; County, 84; Eagle, 71; Globe.'
101; Indemnity Marine, 158, 160 ; law Fire, 41 • London
land Marine, 11 ; Merino, 1091 Ocean Marine,
309 • Universal Marine 2i
trasitlllt—chraton, 'l9 ; Commercial, '27 ; Equi.
table, 54 • European, 101 ; Great Central, 8 ax div.
Imperial Continental, 471, 1 ; Surrey Consumers 111;
Wles, tminstl.er Chartered, 63, 64 ; ditto New, 121; Western,
12
nal.—Birmingham, 94.
Waterworks.—Berlin, 41 ; East London, 1261, 1271;
Wert Middleaex, 107.
Docks.—London, 67, 661, 671; Victoria, 101, 1.
Bridge.—Waterloo, 21.
With reference to the market for American se*
curitiea, Mr. E. F. Satterthwaite reports ae follows

The market in London for Araericansemuities remains
steady, with a moderate amount of business doing ; Illinois
Central shares have further advanced 1 dollar per share; and
Construction 7 per Cent. Bonds about the same • ' whilst the
6 per cent. are more offering, and without demand, except
at a greater difference than has for some time past ruled.
Erie securities are without alteration ; the shares continue
to be freely bought. New York Central and Michigan
Central bonds are scarce, and buyers find difficulty is
getting supplied.
The following is an extract of a letter from
Galati, dated the 7th inst. :

The weather has been most favourable for the crops, and
everything promises well. It is believed that the harvest
will be more abundant than has been known for many year,
and a very active trade is looked forward to. The works
undertaken by the Danubian commission for the improve..
ment of the mouth of the river have been successful beyond
our expectations, although yet very incomplete. We had
formerly from 94 to 10 feet water on the bar at the %liner
mouth ; many ships ware obliged to load and unload in the
roads at • great coat and greater risk both to ship and cargo.
We had lleet up to the middle of March, and since that
time to the present there has been a depth of feet on the
bar, greatly facilitating all commercial operations.
. _

The steamer Soliatt., with the English mail for
Australia of May, left Aden on the 2nd Md.
The ships Win
Windsor Castle, Star Queen, and
Conway were to-day engaged for the conveyanoo of
troops to Bombay.

WEDEESDAT VMS%
Consols, which clamed yesterday at 951 to lb ex
div., for the 10th July, opened and closed to-day
at the same quotation. The official business report
is as follows :—Tyree per Cent. Consols, for so-
' 00,, 1
eat 10), 931, 1, I,_ex div. ; Three per
Uenta• Abduced, 934, , ; New Three per Cents.,
93hi ; Thirty Years Annuities, expiring in April,
1 14 .; Bank Stock, 237 229 ; Five per Cent.
" eniso"rupee paper, 97 , 1 ; ditto Five-and-a-
Half per Cents., 1021, ; ndian Five per Cent.
stock, 1859, 1041 • ditto Four per Cent. Deben-
tures, 1858, 961 f'• India Bonds, 7a., 9s, die.
0. "