The Express.
London, England, 1858-01-06 00:00:00

tised on the 'hares of the Copispo and Caldera
Railway.
Subjoined are the latest quotations of insurance,
canal, and other miscellaneous shares, as given in the
Stock Exchange list of last evening :
Insurance Shares :—Atlas, 184 ; Alliance British and
Foreign, 161 ; Eagle, 61; Guardian, 49, 484, 494 ; Imperial
Fire, 365; Imperial Life, 18 ; Indemnity Marine, 126 ; Lon-
don and Provincial Law, 21; Law Life, 63; ditto Fire, 34;
Phcenix, 164 ; Moen, 60 ; Royal Exchange, 274 ex div. ;
Rock Life, 71.
Canal Share:—Birmingham, 884; Coventry, 190; Grand
Inaction, 47 ex div.; Kennetand Avon. 64; Leeds and Liver-
pal a4:11; Leicester and Northampton, 13 ; Oxford, 106 ;
e 80 ; Regent's, 151, 1 ex div.; Warwick and
NePton, 9 ; Warwick and Birmingham, 24; Worcester and
Birmingham, 161.
Oas and Coke Companies :—British Provincial. 221;
Great Central, 111; Independent, 60; London Parlia-
mentary Prefeeence, 274 , Phenix, 47 ; South Metropolitan,
341, 34; United General, 194, 20 ; Wastmineter Chartered,
60; ditto Western B, 3.
Waterworks Stocks:—Berlin, 4. 1,1, 4 ; Grand Junction,
UV:r' Lambeth. 96 ; West Middlesex, 99 ex div.
:—London, 100, ex die.
Bridge* :—Hungerford, 64; Vauxhall, 174.

Two o'CLoot.
The funds this morning opened heavily, owing to
renewed rumours of an Indian loan. At one period
a fall of f, per cent. was shown. A rally, however,
has since taken place, assisted by some purchases of
government stock for cash, and prices are now
quoted the same as at the close yesterday. Most
of the other departments of the Stock Exchange are
flatter.

Consols, after declining to 941 to 1 cx div. for
the Bth January, are now quoted 941 to a.
For the 4th of February the present quotation
is 94/ ex div. The Three per Cents. Reduced
are marked 941 to 1 ; the New Three per Cents.,
94 to 1; Bank Stock, 220 ; Exchequer Bills, 4s.
to lls. prem. ; and India Bonds, 1.. to 4s. prem.
Consols for money are marked from 94/ to 941
ex div. The books opened to-day for private
transfer.

Turkish Six per Cents. were considerably de-
pressed in the morning, but have since rallied to
981 to 99. The Guaranteed Four Cents, and Mexican
Bonds are also flatter. Other foreign stocks are quiet.
Sales are recorded as follows :—Mexican Bonds for
account (16th January), at 201 to 20;; Peruvian
Four-and-a-Half-per Cents., for account, at 80 to
791; Sardinian Five per Cents., for account, at
881 ; Spanish Passive Bonds, at 3: ; Turkish Six
per Cents., for account, 'at 98: to 97/ ; ditto, Gua-
ranteed Four per Cents., for account, at 1031, 103,
and 1031; Venezuela Active Bonds, for account, at
321.

Tt E,D&T EIMMIXO.
The rapid influx of gold, and the belief that the
I Bank of England will on Thursday next reduce the
minimum rate of discount from eight to six per
cent., caused the funds to open this morning at a
fresh advance of i per cent. During the greater
part of the day marked firmness was displayed, and
en additional rise of to per cent. was even at-
tained. Between three and four o'clock, however,
there was a sudden reaction, and the closing quota-
tions were only I per cent. above those of yester-
day. This adverse movement was attributed partly
to news of a relapse on the Paris Bourse, and partly
to a vague and unconfirmed statement that less
favourable intelligence has been received from India.
Alter so rapid a rise, however, a partial reaction
cannot excite surprise.

At Paris to-day (Wednesday), according to Mr.
Renter's telegram, the Three per Cents. Rentes,
opened at (Mfr. 80c. for the end of Jan., and at half-
past one o'clock were quoted at the same price, being
about I per cent. lower than they closed yesterday.
Apart from the variations of the day, the
market for Consols derives support from the
evidence afforded by the present settlement that
no inconsiderable amount of stock, which some
parties supposed would remain afloat, has been ab-
sorbed by the banking interest. In consequence, the
rate of "continuation " on Console to the 4th of
February is only I to f, per cent. In other words,
speculative holders of Consols can have their accounts
carried over to the next settlement for the moderate
charge of 41 to b per cent. per annum. Such is the
abundance of money in the Stock Exchange, that
loans on Consols from day to-day were obtainable at
3 per cent. per annum. The re-investments follow.l
ing the payment of the dividends, which will com-
mence on Friday, will add to the supply of money
in that establishment.

All the other departments of the Stock Exchange
were buoyant in the morning. English railway
stocks were especially good, and we remark, as a
feature of interest, that London and North Western,
London and South Western, Great Northern and
York, Newcastle and Berwick stocks to-day reached
par. The upward movement, which has been
greatly promoted by speculative action, having in-
duced bona fed* sales, a rather sharp reaction took
place in the afternoon. Considering the extent of
the recent speculative operations for higher prices,
it is almost surprising that a check has been so
long delayed.
Consols, which closed yesterday at 94 7-16 to I
ex div. for the Bth Jan., opened this morning at
941 to 1, rose to 941, and had fallen at 4 o'clock to
911. The quotation for the 4th of Feb. was at the
same time 941, " buyers." After that hour the
quotation was 941 to 1 for the approaching settle-
ment. The official business report is as follows:
—Three per Cent. Consols, for account (Bth Jan.),
941, 941, 943, ex div. ; Three per Cents. Reduced,
96, 941, 964, 941, 96 ; New Thee per Cents., 93,
944, 961, 93, 961; Long Annuities, expiring in Jan.,
1860, 2 ;;Thirty Years Annuities, April, 1886 171;
Bank Stock, 219, 2171, 220; Three and-a-Hilt per
' Cent. Exchequer Bonds, falling payable in 1868, 991.
Exchequer Bills advanced 25., closing at 71. to 10a.
prem. India Bonds have improved to par to 6s.
prem.
Turkish Six per Cents. improved in the morning,
being first marked 99/. The closing quotation was
99 to 1, being only a trifle better than that of yes-
terday. The Guaranteed Four per Cents. closed at
1033 to 104. There were inquiries for Peruvian,
Spanish, and Sardinian Bonds. This department of
the market is generally firm.
Bank shares to-dny were well supported. Bank
of Australasia show an advance of 1/. to 21. London

The amount of gold purchased by the Bank of
England yesterday was no less than 360,0001., princi-
pally ex the Europa, from New York. The total
ascertained to have been sent in since the date of the
last return is thus raised to about one million. The
aggregate stock of the Bank must now amount to at
least twelve and a half millions, with the certainty
of a large addition.
The discount market continues extremely easy,
and it is impossible to find employment for money.
Good bills are currently discounted from 61 down to 61
per cent. In exceptional caws transactions take
place even below the latter figure, it being generally
believed that the Bank rate must be soon reduced to
five per cent. At the Bank of England yesterday the
demand was light. the current business being
diverted elsewhere by their high charges.
The specie and bullion brought from the West
Indies, &c., by the steamer La Plata, were delivered
yesterday. The 128,0001. in gold will probably be
sent into the Bank as soon as it can be refined.

Chartered Bank of Australia were also firmer.
British American Land shares were dearer. Canada
Land were inquired for, without sellers ; the quota,-
don appears to be nominally 140 to 145. Van Die-
men's Land were quoted U. higher. Amongst the
other stocks inquired for were Netherlands Land
Preference and Scottish Austral an Investment.
North of Europe Steam shares were officially
marked 4 ; and Australian Roy's! Mail, 21.
The quotations for the shares in some un
of recent formation are as follows, viz.: Onde
way, to 1 prem. ; Central Oude Railway, 3-18 to
5-16 prem. • Punjaub Railway, j to 1 prem. ; Indus
Steam to 11 prem. ; Calcutta and South
Eastern Railway, f to 1 prem. • Copiapo Extension
Railway, 1 dia. to par ; Riga Railway, 1 to prem.

Little business is at present being transacted in
silver for transmission to the East by the steamer of
the 20th inst., there being a disposition to await the
arrival of the Indian telegram, which is daily ex-
pected.
The exchanges between England and the Conti-
nent continue to decline. For some time to come
the whole of the gold imported will probably be re-
tained here, but, upon the return of the money
market to an easy condition, a portion of the receipts
will probably flow out again. Yesterday afternoon
the rates for bills on most of the Continental markets
were lower, including Holland, Belgium, Hamburg,
Paris, and Austria. The transactions are still rather
limited, and there is a continued indisposition to
take long bills. The current quotations are shown
below :
Amsterdam, three months, 11.19 to r 4 ; do., short,
ILLS to 16; Rotterdam. three months, 11.19 to ; Ant-
wisp, three months, 25.47tt0 624 ; Bamberg mazim bane,
three months, 13.7 to ; Paris, three days' sight, 26.20 to
26; ditto, three more 26.66 to 60; Prenkfort-on-the-
Maine, three 'imam, 120 to 1 ; Petersburg, per rouble, three
months, 34 to 1; Vienna, eff. 80., three, montha,lo.4o to 6 ;
Ttiesta, do. three months, 10.40 to 6 ; Madrid, throe months,
48 to ; Cadiz, three mouths, 484 to ; Leghorn, dune
months, 30.26 to 36 ; Genoa, three months, 26.95 to 26 ;
Naples, three months, Of to 41 ; Palmtop, three months,
1224 to 123; Massins, thms months, 1224 to 123; Lisbon,
90 days, 614 to ; Oporto, 90 days, 624 se 1.
At an adjourned meeting yesterday of the creditors
of Mr. Thomas Melladen , commission agent, Ulm re-
solved to accept the composition offered at a previous
meeting, viz., 3s. in the pound.
The Dayspring has arrived from China, with
388,2001ba. of tea.
. .

mmia-THIS DAY.

Two o'CLoar.

The market for British miring stocks to-day is
firm, with a fair amount of business. North Basset
shares are quoted 13 ; West Basset, 23 ; North
Frances, 10/ to 11 ; Wheal Edward, 71 to 7i; West
Fowey, 71; Great Wheal Alfred, ; 'Beat Russell,
; Wheal Kitty (Lelant), 12 ; Pendeen Consols, 31;
and East Basset, 971 to 100.
The shares of the Australian Mining Company are
in demand at 11. to 11. be. per share ; other foreign
mining shares are quiet.
Subjoined is the official list of closing prices in the
Mining Exchange last evening :
Bast Basset, 911, 93 ; Bast Russell, 3, 31; Lady Berths,
165., 16s. 6d. 175.; Pendeen, 24, 8, 81 4; Soetridge Console,
1 Wheal Trelawney, 261, 27, sti, 271, 26, 261
IThe half-year meeting of the •
Cobre Mining Asectriation
is ailed for the 26th inst.
TM MR-Teeny meeting of the United Mexican Mining
Amencistion is rolled for the 27th

TUESDAY EVINING.
Business in British mining stocks to-day was
again rather active, and the market maintains the
improved appearance lately noticed. Shares in
Wheal Trelawney were in especial request, and rose
about 21. East Basset, North Basset, Wheal Ed-
ward, Alfred Consols, and Pendeen Consols, were all
in demand. Subjoined are some of the closing
quotations, viz. :—North Frowns, 10f to 11 ; Pen-
dean Consols, 3to 3k; Wheal Edward, 7i to I; Pro-
vidence. 62 to 63 ; South Cern Brea, 41; Virtuous
Lady, 11; Vale of Towy, 17s. 6d.; North Basset,
112 f to 13; West Basset, 22 to 23; Wert Fowey, 7i
to 8 ; Sortridge Consols, 11 to ; and Lady Bertha,
17s. 6d.

Advices from Hamburg mention that Messrs.
Busse and Halske, a respectable firm, whose sus—
pension was announced some weeks back, offer their
creditors 60 per cent. in cash, and 40 per cent. in
instalments at short dates.
A telegram received yesterday from Hamburg re-
ports 10 degrees of frost. The river, it is added,
bad become filled with ice since the preceding
night, and some doubts were entertained whether
the steamers John Bull, Dragon, and Countess of
Lonsdale could leave to-day.
Subjoined is the monthly balance-sheet of the
Vereins-bank(or Union Bank) of Hamburg, u made
up to the let inst., and rendered into sterling money.
It indicates that the bank hold bills to the amount
of 83,8171. on houses which have stopped. A portion
of these bills, however, are still running, and may be
taken up at maturity by other parties. Many houses
which stopped during the panic are expected to pay
in full, or nearly so ; and as every bill has several
names upon it, the ultimate loss of the Bank is esti-
mated in some quarters at not more than 26,0001.
In this case it is expected that the Bank will be able
to pay a dividend of about four per cent. An illus-
tration of the existing ease of the money market,
following so quicklyupon the panic, is afforded by the
large increase in the deposits, which now amount to
more than double the capital. The Bank, however,
hold almost the entire amount of deposits in hand in
cash ; this denotes a degree of caution amounting to
distrust :
Hamburg hills disunited £363,676
(Among which em, an basso that lava stopped
pozyrilt,zal riot/zing Int has, 22,11171.)
21,476
Advanced on stock
Cash balsam 600,620
Fes/tare account gib

COMMERCIAL AND MARKETS.

MARK-LANE.-THIS DAY.

With asietwla @Weak et wheat the trade remains fire',
sad the eiMmmeselmil as llemlay was fully supported this
Floorlesmplil beam prima,
Barley, "NM melhenie animas, maintains its valets.
Oats were ealselis an tally es terms u before.
Besse wad pens were, 11 the turn dearer.
AItAIVAIA UMW LNMU W 14016 JAW. 4 TV JAW. 6
ierwe.
Oats
.... NEM. MIMI&

sickpllw. u 1;

MINCING-LANK—THIS DAT.
Sousa.—The publio atlas ars progressing steadily at
yesterday's prices, which showed an adv..nce of la to 2s
'sap?. prices which ruled previous to the holidays.
Arno ; lamyr 68e. to 60..
Coed—The largo public sales are going elf at about
yesterday's prices.
Ti.L.—The market still has an upward tendency ; it ig
now difikult to buy common Coagou at Ind. usual terms.
Mot Is assay, bat not stave today.
Corrow-800 balm sold yestantay on 'Change, establish-
ing an advisee of ld. per lb. from the late lowest point.
Brims ham sold at previous rates.
COCIIIMIAL oebt at an arson on the previous publle
oak.

ignores &coolant 6,663
-
002,923

First and second (as, making 20 par sea piii v 1207,1102
Deposit Recount, with interest
Ditto, without interest
Unmet amount

TALLOW MARKET (THIS DAY.)
The sothil Arm to-he : tedow Is quoted 53..
nee cede; Ptilebeeig Y.C. oaf t, Ate. ed. • JlM,ry
sod Medi. fib. ; Mar* 635. ; October sad lesonnbor,
ils. NA* AL

A petition for the winding-up of the Blekbeck BOROUGH HOP MARKET.—THIS DAT.
Life Assurance Company by the Court of Chancery. : Messrs. Pattanden sad Smith report that the market Is
is expected to be heard before Vice-Chancellor , ssq firm, sad that a good specaladve trade Is gulag on,
Kindersley, on the lath inst. , perucularly la 1856 and 1856'5, the pilots Wag so much
The oertificates for shares in the Indus Stearn baaw lb."' of Pe°4Bctkol•
Flotilla are to be ready for delivery to-morrow in I COAL MARKET.—THIS DAY. •
exchange for tho bankers receipts. 1 Tiviam, les. ed-; Dried Sabo& Hartley. 16s. • ikda! ;
A call of U. is to be paid on the shares in the Co- Main, 214. 6d. ; Hostaig's , his.; Waif Zeds
piapo Extension Railway Company by the 26th tirSls.; Welk Nit Pflidd I.l_ SOL ;W ..
at
S. Gnaw, 235.; Walk W Challis; ,4
inst. Ths half-yearly intone, at the rate of 6 per 7,,h,, Henh kin us. ; W %L.- ;
cent, per annum, is advertised on the deposit of 2./. Noah, End ni....n,e. tic 1/4. , . , , 4
A quarterly dividend of 4 per cent. is also adrer- 23e. 51,_,56 ship, at was, '
,t• t ........: '0 •