The Express.
London, England, 1860-01-13 00:00:00

' MONEY MARKB7.-2HIS DAY.

Two oTtooz.

The funds today are firmer, and a »emery of i
per cent. has taken place, although there is no re-
vival of basinem. In the share markets langour
prevails.
The large decrease in the bullion in the Bank of
Fume does not seem to have attracted much
attention.

The New Canadian Five per Cent. Loan ham been
allotted this morning, and is quoted 21 to 21 prem.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Routes were quoted
68.80 for the account, being 6c. better than yester-
day.

Consols are officially marked 961, 1, I, and
for money, and 961 and 1 for the
account. The present quotations are 961 to 1
for cub, and 951, '4 buyers," for the Bth of
February. Bank Stock has bean dealt in at
227 i ; the Three per Cents. Reduced, at
96j, 1, and 1 ; the New Three per Cents., at
961, 1, and 1 ; the Five per Cents., at 109 ;
India Stock, at 2211; the New Five per
Cent. Indian Loan, at 104 and 1031; the Five per
Cent. Enticed Rupee paper, at 97 and 971; and
Exchequer Bills, at 28e. to 31s. prem.
The foreign stock market is likewise quiet.
Turkish stocks have recovered I to 1 per cent., the
Loan of 1864 being quoted 78 to /, and that of
1858, 66 to 1. Venezuela Bonds are still offered.
Sales are recorded as follows :—Danish Three
per Cents., 1826, 83 ; Russian Five per Cants., 1091;
ditto, Fonr-and•a-Half per Cents., 981, 98, ex
div.; ditto Three per Cents., 1869, 661; Spanish
Three per Cents., 44, ex div. ; Turkish Six per
Cents., 1864, for account, 781; ditto Six per Cents.,
1868, for account, 661, 644; Venezuelan Three per
Cents., for account, 271.
Ban Paulo Railway shares are quoted 1 to 3-16
die., being firmer ; Bank of Turkey, 1 to 1 dis.,
being heavy; Ocean Marine Insurance, 1 3-16 to
1 6-16 prem. ; Universal Marine, 3-16 to 1-16 dis.;
and Rio Drainage, to / prom.

There wu a good demand for money yesterday
In commercial channels, at 2; to 2# per cent, for
good bills. At the Bank the amount of business was
only moderate.
In the Stock Exchange money was extremely
abundant, at 11 to 2 per oent., loans being again
offered for amount of the Council at India. _ _

The fortnightly settlement in shares and foreign
steaks will commence to-morrow (" continuation
day ") and terminate on Tuesday.
The amount of gold withdrawn from the Bank yes-
terday for exportation was 14,0001. The Para, with
the heavy portion of the Australian and Bombay
mails, has brought 13,6621. in specie, and the City of
Washington, from New York, only 3,6001.
The light portion of the Bombay mail is expected
to be delivered in London about the 23rd inst.
The Submarine Telegraph Company have received
intelligence of the successful submersion of their new
cable between Jersey and Piton, on the French
mast, a distanoe of about 22 mils'. The operations
were conducted by Mears. Glass, Elliot, and Co.
As soon as 600 miles of the proposed telegraphic
sable for the line between Falmouth and Gibraltar
shall have been manufactured, government have the
power of transferring it to the line between Singapore
and Rangoon, a clause to this effect having been
inserted in the tender, by desire of government.
The following is the circular issued by Mesas.
8.. J. Wheeler and Co., whose stoppage was referred
Ito yesterday :
4, Callum-street, Fenchurch-street, Jan. 11.
81r,—We regret to have to communicate to you that eon-
Vaned losessfrom Australian trade., with serious depredatka
In the value of ship, have so reduced our capital that we
cannot fairly moot our enpgements. In Justice to all
we pram prompt suspend" and have entrusted oar akin
to Messes. Qatar, Ball, Jay, and Co., who are engaged in
=i a statement of our pooltion for submission to our
rat an early mooting, of which doe notice will be
gives. Bo far as we can judge from our present knowledge
of ear Ogre, we trust and boilers that, by joadkdous realisa-
tion el eras, our creditors will swats bat little ultimate
Aoklag your bled forbearance, we are, do.,
EDMUND J. WEISEL= and Co.

P.S. Be pleased to tarnatbaritho tt; delay a maWont of
your claim to Mama. Quilter, Ball, Jay, aad Co., No. 3,
Moorgate-atztat, B.C.
We are authorised by the financial agents of
Canada to state that so great has been the number of
applications on the part of the public for the new
loan of 2,800,0001. that they regret that it will not
only be out of their power to meet the demands
upon them, bat also to reply separately to each indi-
vidual application.
The first instalment of 10 per cent. is to be paid
on the Canadian Lou oa Monday next, according
to the prospectus.
The Eastern Counties Railway traffic return shows
this week a decrease of 1,1111.1 the Midland, an in-
seam. of 1,8131.; the Manchester, Sheffield, and
Lincolnshire au increase of 2,2931.; the Lancashire
and Yorkshire (including East Lancashire) an in-
crease of 4,0801.; and the North Eastern an increase
of 3,0801.
-

-
With reference to the following letter from the
chairman of the Great Ship Company we will merely
remark that an investigation, to be valuable, must be
conducted by entirely independent and impartial
persons. At the meeting the admission was ex-
torted, after much difficulty, th►t three of the five
gentlemen nominated as a oommittee by Mr. Hawes
had already been suggested by the board whose
conduct they were to iuquire into :