The Express.
London, England, 1859-07-23 00:00:00

MONEY MARKE2.-21118 DAY

Two o'CLOCM.
The funds opened this morning with renewed
heaviness, and a fresh decline of 1 per cent. was
quoted. A rally, however, has since taken place,
and, although the market remains languid, present
quotations are equal to the closing range of yesteday.
In the other departments of the Stock Exchange
general dulness prevails, there being little inquiry
for any description of stock. Many of the dealers
are absent. _ . _

The telegram from the Paris Bonne have not yet
arrived. _ _ _

Commis are officially marked 943 to 95Cfor money,

and 941 to 941 for the account. The present quo-
tation is 941 to $ both for money and the 9th
of August, Bank Stook has been dealt in at 221
to 223 ; the Three per Cents. Reduced, at 941 to /
the New Three per Cents., at 941 to 1 ; the
Indian Four per Cent. Debentures, at 941;
India Bonds, at 6s. die. ; and Exchequer Bills, at
27a. to 30e. prem.
A fresh fall of 1 per cent. has taken place in
Turkish stocks, which are now quoted 781 to 791 the
old, and 681 to 691 the new. Mexican, Russian, and
some other descriptions are also rather more offered.
Sales are recorded es follows :—Brazilian Old Five
per Cents., 103/, 1031 ; Dutch Four per Cent.
Certificates, 1001; Danish Five per Cents., 1013;
Mexican Three per Cents., 181 ; ditto, for ac-
count, 181; New Granada Active Bonds, 17;
Peruvian Three per Cents., for account, 691 ; Porta-
pees Three per Cents., 1833, 431 ; Russian Four-
and-a-Half per Cents, 981, 99 ; Spanish Three per
Cents., for amount, 44 ; ditto New Deferred
Three per Cents. for account, 311; Turkish Six
per Cents., 1834, for account, 781, 78,791, 781; ditto
Six per Cents., 1858, for account, 681, 681, 691.
At Paris a rumour prevails that the Bank of
France will ere long reduce their rate of discount
from 4 to 31 per cent.
A parcel of 12,0001. in gold was withdrawn from
the Bank yesterday for exportation, and 180,6001.
was purchased in the market, viz., 89,6001. by the
Magdalena, from the West Indies, and 91,0001. by
the Bremen, from New York.
The government have already arranged to send
nearly 130,0001. in silver per the next outward
Bombay steamer. As on the last occasion the prin-
cipal remittances will probably go by the Calcutta
packets, leaving on the 4th and 20th of each month.
The exchange at Bombay shows a movement of be-
tween 1 and 2. per cent. in favour of this country, in
consequence of a somewhat remarkable fall of 4 per
cent. established within a fortnight in the value of
money. /.t the latest date the terms were 6 per
cent. for loans on government securities, and 7 per
cent. for discount of short private bills.
According to advice, received from Mexico, vi 4
New York, the coaducta, with about 1,000,0001.
sterling in silver, which was stopped on its way to
the oout by General Robles, had reached Vera Cruz.
- A portion is probably on American account; the
rest may possibly reach Southampton in about a
fortnight.
The foreign exchanges yesterday afternoon were
steady. Long bills on Paris, however, were more
inquired for. The rates on Austria were slightly
higher than on Tuesday. The quotations are shown
below

Amsterdam, three maths, 11.14 to 6; ditto short,
11.12 to 1; Botwedene, Wee seentlar, 11.14 rjr;.,
Antwerp, three months, 26.6 to 10; IternbmT,
hence, twee months, 13.31 to Parte, three darn211:446
to 126; ditto, three months, 26.276 to 326 ;
the-Mains, three months, 1181 to 117 ; Petureburg. per
rouble, three moutba, 346 to ; Vienna, eff d
o
.
,
months, 11.90 to 12.00 ; Trieste, ditto, three month., 11.90
to 12.00; Madrid, three meths, 491 to 1; Cadiz, three
mon 496 Leghorn, tbree months, 30.6 to 10 ;
0.. a., three months, 26.75 to 80; Naplm, three months,
' 401 to 416; Palermo, three mouths, I=l to 1231; Marina,
thme the,
123 to I; Lisbon, 9U days, 616 to I;
Oporto, 9D days, 611 to 62.
In the Bankruptcy Court yesterday, it was an-
nounced that • further dividend of 3r. 6d. in the
pound will shortly be declared under the estate of
Meson. P. D. Leno and Co., general merchants.
The corn market yesterday was firm at former
prices.
The weekly report of the Liverpool cotton market
shows no alteration of importance in prices.
The quarterly sales of indigo terminated yesterday.
A report will be found in another column.
The directors of the National Bank have declared
a half-yearly dividend, up to Midsummer, at the rate
of 6 per cent. per annum, together with a bonus of
lbs. per share, free of income tax, being together at
the satisfactory rate of 12 per cent. per annum.
The Scinde Railway Company have, during the
current month, despatched to Eurnehee seven
steamers and twenty-five barges, being the first
portion of tneir flotilla for the Indus.
A meeting of the North of Europe Steam Navi-
gation Company woo held yesterday, for the purpose
of receiving a report from the liquidator.. The ship
of the company have been disposed of, bat not
the
factory at Lowestoft. Claims against the company
not hitherto looked for have been brought forward,
and the liquidators in consequence are not enabled
to divide at present any portion of the cash balance.
44,4761. has been carried to a separate account, ap-
plicable for division amongst the shareholders when
all liabilities shall have been ascertained and dis-
charged. After some remarks from Mr. Abel, who
complained that the shareholders have been most
unjustly treated, the report was agreed to.
The directors of the London Discount Company
isened yesterday the following report :
The directors have the plearnre to annex the hslf.yearly
statement of the accounts of the company made up to the
30th June. After the payment of current expenses, making
provieion for Is.. on overdue bills, and the rebate of interest
as bills not matured, the available surplus amounts to
6,308!. 6e. 3d. Oat of this sum the directors recommend the
payment of • dividend for the pest half-year at the rate of 6
per cent. per annum, free of income tax. which will absorb
4,6484 14s. 24., tamale • balanm of 7691. Ile. Id. to be
curled to the sett account. The directors have to state that
the loss, for which provision is made la the eccounts, arises
entirely from the forged bills discounted for J. Lockhart
Moneta, no bad debt whatever having been incurred by the
ordinary tninsections of the company. The directors think
that the rogues of the business mat be coasidered as very
satisfactory, when the amounts show that, bat for this
forgery, a net profit of nearly 101. per cent. per annum has
been realised during the past half-year; and they feel that
the shareholders will participate in the entire confidence
which they entertain in the permanent success of the com-
pany. In accordance with ilia deed. three of the present
directors retire by rotation. viz., William Bleokin,
John Laurie. Esq., and William ficholetteld, Esq.,
who, being eligiMs, offer themselves for re-el, etion.
The half-yearly meeting of proprietors of the
Bank of Australasia is called for the 16th of August.
Toe last advice' indicate that no further portion of
the cargo of the steamer Alma, wrecked in the Red
Sea, will be saved, and that there is no prospect of
saving the vessel. The quantity of silk lost is about
1.400 bales, worth say 130,0001. Of the original
cargo about 300 biles were landed at Ceylon.
The steamer Bombay reached Aden, from Sues,
oa the 3rd inst., and left on the same day with the
English mail, for Australia, of June.
The Council of India will receive tenders on the
29th inst. for the hire of ships to take stores from
England to Madras, Bombay, and Calcutta.
The return of the Bank of England for the week
ending Wednesday, July 20, compared with the pre-
vious weekly return, shows the following results:
Circulation Mane
Circulation active
rablic depodta
Other deposite
Government in
bsokingdsoarcesnt
Other smarithe tenkanl
ismuineint 17,264,439 Dessau 648,472
Coin and bullion is both
depertneente
asvaa_ day sad othir tan 863,019 Deems. 6.138
The Best
Nows 9,489,060 Demean 611,476
Total mem (notea.coht)
M Waking department 10,109,687 Decrease 694,674
As usual after the payment of the dividends there
have been very large withdrawals of private deposits t
and thus, notwithstanding the decrease of half a
lnlllien in the " other " securities, the reserve of notes
and coin in the banking department has decreased
594,674!. The demean of 242,2641. in the coin and