The Express.
London, England, 1860-09-13 00:00:00

44

MONEY MARKET.-THIS DAY.

Two o'CLoci.

Notwithstanding the continuance of very fine
weather, the fluids to-day are dull, owing
to the apprehensions inspired by the crisis
in Italian politics. There is, however, no decline
in prices, which are quoted exactly the same as
yesterday afternoon. The principal business in the
Stock Exchange has been in connexion with the
settlement in the railway share market. The only
striking movement in prices is a rise of 1 per cent.
in Midland Railway stock.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes opened at
87fr. 80c., being sc. lower than the last price of
yesterday.

Consols are officially marked 931 and 93 for
money, and 931 for the account. The present•
quotations are 93} to for cash, and 931 to g for
the 11th Oct. The official business report
is as follows :—New Three per Cents. (transfer
books shut), 931 ; India stock, 218; ditto Five per
Cent. stock, 1859,1031, I ; ditto Bonds, 55., Oa. dis. ;
Five per Cent. " enfaced" rupee paper, 961 ; ditto
Five-and-a:Half per Cent., 102 ; Exchequer Bills,
44., ls., prem.

The transactions in the foreign stock market
have been upon a moderate scale. There is very
little change in prices. Venezuela Three per Cents.
are rather firmer. The Turkish Loan of 1854 is
quoted 734 to 74, and that of 1858, 574 to
ex div. Sales are recorded as follows
Brazilian Four-and-a-Half per Cents., 1860, 874 ;
Buenos Ayres Deferred, 30 ; Mexican Three
per Cents., 211 ; Portuguese Three per Cents.,
1853, 434, ; ditto Three per Cents, 1856, 1857,
and 1859, 43 ; Russian Four-and-a-Half per Cents.,
934, 94 ; ditto Three per Cents., 1859, 634 ;
Spanish Three per Cents., 481, 4 ; ditto New De-
ferred Three per Cents., 394, ; Turkish Six per
Cents., 1854, 73! ; ditto Six per Cents., 1858, 574,
4, ex div. ; Venezuela Three per Cents., for ac-
count, 234.

The Shannon has arrived from the West Indies
with 111,0001. in specie.

. _
The commercial demand for money continues
slack, and the supply appears to be increasing. In the
open market the rates for good sixty-day bills vary
from 4 to 32 per cent. There were, accordingly,
few applications at the Bank yesterday.
An instalment of 8 per cent. falls due on the
Canada Loan of 2,800,0001. on Monday next, and
one of 10 per cent. on the Russian Loan introduced
in June last.

There were no transactions iu bullion at the Bank
yesterday.
Advioes have been received of the departure from
Melbourne of the following gold ships, namely :
The Dover Castle, with 57,130 oz. ; the Orwell,
with 37,877 oz. ; and the Red Jacket, with 38,1200 z.
The Maidstone, with 48,784 oz., and the Blue
Jacket, with 31,378 oz., previously reported, are
also at sea, making the total on the way hither
853,0001., of which 320,0001. (by the two latter
vessels) is now due.
Telegrams quote the exchange at Hong Kong
as. 10d., and at Shanghae 6s. Bd. These rates show
no variation of importance compared with those
previously received.
The telegrams from Constantinople allude to the
approaching despatch of the Grand Vizier on a
visit to the money markets of Paris and London.
At St. Petersburg the exchange on London has
risen to 36id. The tallow market is reported by
telegraph as firm, at 494 re.
The South Eastern Railway traffic return shows
this week an increase of 1,1201. ; the Great Wes-
tern an increase of 1,0321. ; the London and North

Western an increase of 3,7441. ; and the Great
Northern an increase of 1,3701.
The traffic receipts of the Grand Trunk Railway
of Canada for the week ending August 25 were
12,4791. sterling, being 2,9491. more than for the
corresponding week of last year. The number of
miles open is 970, being 90 more than last year.
Yesterday was " making-up day" in the share
market. The preparations for the settlement indicate,
as regards several of the principal British railway
stocks, a decided absorption, partly for investment
and partly on borrowed money. The rates of
" continuation," except as regards Midland and
one or two other descriptions, were, accordingly,
light. The following shows the terms current at
the commencement of business :
London and North Western . to per et. continuation.
Midland -16 to percent. do.
Lancashire and Yorkshire -16 to d per cent. do.
Great Western -16 to 3-16 percent. do.
York and North Midland
Berwick -16 to per cent. do.
South Eastern -16 tot per cent. do.
Great Northern