The Express.
London, England, 1860-05-05 00:00:00

MONEY MARKB7,THIS DAY.

Two o'Ciocc.

The funds remain dull, bat there is no retro-
gression in prices, which are quoted the same as
yesterday afternoon. Very little business is going
forward in any department of the Stock Exchange.
Railway shares of all descriptions remain steady.
. _

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes opened at
71fr. 30c., and advanced to 711 r. 40c., being sc.
better than yesterday.

Consols are officially marked 951, I, I, and II
for money, and 951 for the amount. The present
quotations are 961 " buyers," for money and
next Wedneeday, and 95} to i for the 6th of
June. The official business report is as follows :
Bank Stock, 2271, 226 ; Three per Cents. Reduced,
9111, ; New Three per Ceuta., 931, 1, 1 ;
Indian Five per Cent. Stock, 1859, 106 j, ;
Five per Cent. " eufaced " rupee paper,
sei, 1 ; ditto Five-and-a-Half per Cent, 1041;
Indian Four per Cent. Debentures, 1858, 961;
ditto 1859, 97 ; India Bonds, 10s. die. ; and Ex-
chequer Bill., Be., 90., 65., prem.
The foreign stock market is quieter. Turkish
Bonds, however, are fairly supported at yesterday's
advance, the loan of 1864 being quoted 771 to f,
and that of 1858, 621 to 3 ; Spanish Deferred
Three per Cents. present a fresh improvement.
Mexican Bonds are less inquired for.
Sales are recorded as follows :—Danhila Three per
Cents., 83 ; Mexican Three per Cents., for ac-
count, 21i, 22 ; Russian Three per Cent., 1859,
661, ex div. ; Spanish Three per Cents., 481 ;
ditto, New Deferred Three per Cents, for account,
381, 1 ; Turkish Six per Cents., 1864, for account,
77f ; ditto Six per Cents., 1858, for account,
621, 1,1; ditto Guaranteed Four per Cents., for
account, 1011.
The New Victoria Six per Cent. Debentures have
recovered to 107 to I.

crease in the ciroulation with the consequent de-
crease in the reserve, render this return rather a
remarkable one. The payment of 2,660,0001. on
the Victoria Loan was effected on Monday. These
changes do not encourage the hope of an immediate
reduction in the rate of discount.

The Gasitte statement of the movement of the
passions metals for the week ending Wednesday
last gives the following totals, viz.:—lmport. of
424,4171. ; exports of gold, .58,341. ; im-
of silver, 231,952/. ; exports of silver,
7581.
The Bride of the Seas and Robert Henderson
have arrived from China with 1,119,9001 be. of tea
and 314 bales of silk.

RANI Or ISOLA:in —An
s•d e. SS, for the •
MO.

The shares of the Union Bank of Loudon re-
main without variation of importance, being marked
25 to 25*.
The shares of the newly-announced London and
' South African Bank are quoted Ito 1 prem., the
project baring been received with ranch favour.
The Persia, from New York, has brought 64,0001.
in specie for England.

HALF-PAM Two o'CLocw.

Notes issued
425,5413,586

LAM M&
iumanta
Proprietors' Capital /114.553,000
Ids
hiblia Palladia in
eluding Eseheq ,
Bay. Banka, Com-
mis. of National
Debt,
,and Div.

Acct.,
Other Deposits
Beech day and other
Belle
08,7030.1110
May S. ONO.

ceoant pareonat to the Act 7th
ek ending on Wednesday, May

Government debt.. C 11,015.100
Other leourttles..... 3,459,900
004 win sad Bab

MUMS
Silver bullion

-073.jrZeent Been•
titles including
Dead Weight An-
nuity)
Other demities 21,900,088
Notes
Gold and Sliver
CNn 766,716

igraraDr34o
MILLER, Depnty Cashier.

FRIDAT Ensiso.
Consols, which closed yesterday at 95} "buyers,"
for next Wednesday, opened this morning at 964
to 1, declined to 95,f, " sellers," and closed at 964,
" buyers." For money the last price was like-
wise 961, " buyers," and for the 6th of June 961
to 1, the " contango" being fully per cent. The
official business report is as follows : Three per
Cent. Consols, for money, 951, 1,4, • ditto for
anount (May 9), 951 ; Three per emits. Re-
duced, 931, I, ; New Three per Centel 934,
4, I ; Thirty Yean Annuities, expiring in April,
IM, 17 5-16 ; Indian Five per Cent. Stook,
1869, 1061, 4; Five-sada-Half per Cent. "enfaoed"
rupee paper, 104}, I ; Indian Four per Cent.
Debentures, 1869, 96f, 971; India Bonds, 10s. dis.
The Indian rupee paper was firm. The prin-
cipal transactions were again in the Five-and-a-Ralf
per Cent, which has advanced to 1044 to The
Indian Five per Cent stock of 1869 was likewise
firm, at 1061 to /. India Bonds still meet With
little inquiry. Exchequer Bills were dull, at Os.
to 9s. prem.
The foreign stock market was active. In the
morning there was a great demand for Spanish
Bonds, and the Deferred Three per Carats. were
dealt in as high as 381. A reaction took place in
the afternoon, and the closing price was 574 to 334.
Sardinian, Portuguese, Russian, and some other
Iffescriptiona, were likewise inquired for. The
Turkish Loan of 1868 roes 1 per nat., closing at
624 to 1. That of 1854 left off at 774 to 1, show-
ing an improvement of Ito 1 per cent. Mexican
Bonds were last quoted 22 to 4, being not quite so
strong as yesterday.
The shares of the AustraliaUbanks were ratherflat
today, owing to the unfavourable character of the
r commercial advice', as described in the telegrants.
I Union Bank of London shares have scarcely varied,
being officially marked 241 to 251. Ottoman Bank
were steady, at 18 to 4. Madras Irrigation shares
are still advancing, -London General Omnibus
were also quoted better.
The quotations for the shares in new under-
takings were as follow :—Ooean Marine Insurance,
91 to 3 prem • Universal Marine, 11-16 to •
ex the new shares ; London and Provincial e,
to prem.
The new Victoria Six per Cent. Debentures ex-
perienced a further decline of per cent , closing
at 1061 to 107. The New Canada Five per Cent.
Bonde continue in demand, and have improved to
1011 tog.

uTo-
-12
.0
100

7.—steA.i7

ve VI

101 1 109 n
91 911.

Si 7

7$ To
a} ss

99 10
- -
149 117
119 110
171 110
113 114
SR 701
0 0
104 1011
so n

Ili till
11 1,
1011 1011
ha' Idim

11710 11
118
86 87

ne ne
7 • I

114 14
OttSala
al

96 9.1
A
4
M MI

Cl.lll/01,1 remain dull, at 951 both for money and
the 9th inst. For the 6th of June the quotation
is 96i.

An apparently well-considered project was an-
nounced yesterday afternoon under the title of the
London and South African Bank. In an under-
taking of this kind it is essential to imam that the
support of the merchants engaged in the trade
should be mewed. This condition has, in the
reeeut instance, been fulfilled in a remarkable
degree, nearly all the principal Cape houses being
represented at the board, where the mercantile
element predominates in a marked manner. Few
of our colonies have achieved more rapid progress
of late years than the Cape. Of the profitable
character of the field for banking there presented,
proof is afforded in the prosperity of the five
existing local banks, the latest dividends
of which varied from 13 to 22 per cent
per annum, whilst the shares in every in-
, stance are at very high premiums. The cry
from the colony for more banking accom-
modation has been often repeated, but a response
from home has hitherto beeu prevented by appre-
hensions of the effect of an absurd state of the law,
which was supposed to fix the maximum legal rate
of interest at 6 per cent. By a recent unanimous
I decision of the Supreme Court of the colony,
this point has been definitively solved in
a sense in consonance with the principles of
free trade. Owing to the respectability of the
Auspices under which the undertaking is
brought foi used, it is cm lain that the capital—
which in the first instance has bean fixed at the
very moderate sum of 400,000/.—will be sub-
sailed. Mr. John Barry, one of the directors,
goes out by to-day's mail, with authority to
emaciate with himself, as a local baud, three or
four of the highest mercantile names in the colony,
and to allot the fourth (100,000/.) of the capital,
which has been judiciously reserved for local
subscription.
The amount of gold taken to the Bank yesterday
was 48,0001., raising the total sent in this week to
395,0001. The 87,0001. by the Lincolnshire came
to band yesterday, and the 118,0001. by the Monarch
is quickly expected. The Montmorency has arrived
from Melbourne with 36,0001. in gold, and the
Mtealena, from Brunt, with 27, .
bar silver by the Mexican packet was sold
yesterday for the Continent at ss. lid. per ounce,
allowing a decline of id. compared with the price
realised for the previous remittance. The reduc-
tion is caused by the favourable movement in the
Bombay exchange, and renders it more profitable,
for the moment, to send silver to the Continent
than to India. This is a feature of some im-
portance.

a -9;4- 4th

14 18

.116 117
34 ON
88 90
48 503
4 S
42 44
57 87}
66 67
77 80
6 8

ii •

TaIiRUNGS SHAM.

Bea. d Tailor 4p. id ii 1
Calodoolsn, £lO
Dan Port.b,d Aber. JUL
lad Anglian, A. 8 B. ct.
Do. B, 6 p. et.,
Do. p. 01.1
I. Coma ft.., 6 pC,.01. No.l I
Do. _ do. , No.f 1

Bow.. p. et. -111.-.
anctern Union, 4 p. et.
Bdin.• Maivvr,6 p. et.
Idin.,Pert4Den.,4. p.c.
erect Northers, Op. M.
DodiarecL at 10p.eLps.
Do. 4e percent.
Do.6p.c.red.at 5 p.c.pm.
01.11 Scotland, let Pref.
at.Weet. (Berta& Mantai
De. redeem K p. cent
Do. redeem. 4 p. cent
Do. trredeere. 4 p. ct.
Do.f.p.d.redeem Pref.
Do. arm. Pref. Shares
Do.ebesterPf.Sh.dp.c.
Do. do. do. sp. c.
Do. Bins. Out. Stock
Do. Cwt. (kw Mares

96 98
101 103
Bit •
90 101
110 113
109 119
110 113
108 110
138 196
•1 93
110 119
769 74
117 119
110 111
103 106
85 87

98 100
88 90
90 92
102 103
91 104
17 18
10 104
74 78
191 20
9 10
14 15
138 140

I lie 118
8 118 118
, . 140 116
4 116 118
. 101 103

164 157
132 1N

0 70
91 U
1U 117
161 i 1671

lit 127
eel 70#
I I

The foreign exchanges yesterday afternoon pre-
sented no alteration of importance. The rates are
shown below :

Isg 141
101 10i
96 N
111 12,1

A 3 months, 11.161 to ; ditto, short, 11.141
toriletolre ;dam, 3 months, 11.161 to 17 ; Antwerp, 3
months, 21.321 to 40; Hamburg (ms. bum), 3 months,
13.51 to I ; Paris, 3 days, 25.121 to 171 ; ditto, 3 months,
25..35 to 40 ; Frankfort-on-the-Msine, 3 months, 1171 to I ;
Petersburg (per rouble), 3 months, 341 to I ; Vienna (off
50.), 3 months, 13.62 to NM ; Trieste ditto, 3 months,
13,52 to 63 ; sLoirid, 3 months, 491 to I ; Cadiz, 3 months,
494 to 4 ; Leghorn, 3 months, 30.49 to 74; Genoa, 3
months, 25.45 to 50; N.,ples, 3 months, 401 to 1;
Lisbon, 90 days, 521 to ; Oporto, 90 days, 54 to 1.
Owing to the recent destruction by fire of their
premised in Redeross-street, Cripplgate, Messrs.
Johnson, Gilman, and Co., wholesale boot and
shoe manufacturers, have been compelled to suspend
payment. They were insured for 21,0001., but the
stock destroyed is estimated at 48,0001. Their
liabilities are probably considerable. A meeting
of creditors will be held shortly.
We are requested to state that the firm of Hen-
riques Brothels, whose stoppage is mentioned in
the telegram from Melbourne, is in no way, nor
has ever been, connected with that of D. Q. Hen-
riques and Brother, of 2, Jeffery-square, St. Mary-
axe.

110 111
1011 110
tr
1, 1

tits k pai
lie
114 114
111 110

73 76

to io
U
10 101
100 101
00 Si
el 101
SO 118
le 10
11l NI
II U
le Se

6wAn.

The following memorandum is from the Buenos
Ayres and San Fernando Railway Company :
We have advice, from Itaence Ayres to the 28th March.
The resident daieetor, Mr. Hopkins, had arrived, and every.
thing w.ll In realliooll4 to Knees! vienrously with the works
on the arrival of the engineer, who wool meek there Oust
the 15th instant, and there was no mean why the line
should not be opened to relgrano, the second station from
Buenos Ayres, infientember neat.
The Caledonian Railway traffic return shows this
week an increase of 1,4001.
The traffic on the 687 miles of the South Austrian
line of the Lombardo-Venetian Railway Company
fur the week ending April 21 was 28,8861., being
25,2601. less than in the corres week of
1888 on 696 miles ; and that on the bardo-
Venetian line 3,9091., showing a decrease of 2,11201.
The proce..lings in connexion with the winding-
up of the }'turn: Life Asaurance Company in the
Court vi Chancery are to be continued on the 9th
instant.

The retgra 01 the Bank of England for the week
maw Wednesday, btay 2, compared with the :
=weakly return, shows the following reaultor
isms » L24,5!tt,538 Increase £144,875
Cheelelies mein. t2,227,6040 Tommie 7411,8:15
E&veils 6,871,698 lamas° $10,116
lapsed. 13,43.5453 Decrembe 1,169,045
meat esseel6ll IS
0 allieur=llll 9,723,943 No cleanse.
impetimi
Oslo wed ham 16 bath
Bspertessais 14,161,911 lacrosse 196191
laws
est day sod War Idle
3, m MACS Demme 22,840
Wm R 04,701 Imams 8,355
Eardr is riefirwati•—• iieW4ll Detevese WAN
WM 0110111,11
is hooking 1,,M,131 Dames :1050144
The large demean ia tlisprivate deposits aud in-

THE EXPRESS, SAtaripatt EVENING, MAir--5,`"%i0.

SHA.RE LIS7SE—THIS Ddx

Two dead=
The railway Aare market to-day is
quiet. In a few inetaimes prices show a reduction
of A percent., but yesterday's pekoes are generally.
fairly supported. London and North Western
stock is now quoted 1011 to 1081; Great Western,
691 to 704 ; Midland, um to 118 ; Lancashire
and Yorlonire, 105} to 106 ; Great Northern, 116
to 118 ; Caledonian, 91 to ; and South Eastern,
'11111..d0-Venetian Railway shares are well
supported, at 1 15-16 to 81-16 prem. The Indian
lines are firm, with a fair inquiry. Great
Luxembourg shares are steady.
'OADDIANY SHAM AND STOMA

am.

01

-
163 13

lx-

ail II pm
1621 pa
PS IP
10 II

701 70

701 70
1141 i

1011 211 2 f
on 2

nil i;

,21 i
TR

40 si

so
so
ea
so

113
100
19
al.
100
100

at i-
s?

-
_

_
2

18
au
all
an
all
100

ii

-
107;

%ONO

!Mc."'

KiaO

12 llj

-
83 1

!72:1

AAILWAYS.

,iolil
16,000
lit 000

ii°:°°l
UN

ssrrren MNIESSONS.

L MIAMI° • St
Dom. Bor. dlC.l.ms.ip.e.
Do. do. E. .
DkiraloATakeHaromita.

New
Preferepee . .

emu.; Tirsitt..-rah
Ll:at/MAI 112.
Do. Julyl,lB7B,
Do. June 1, 1874, ditto.
Odeutta le 8. &AM.
(Apo T.4tDoekip.o.gua.
Llos, gnu Over oast
e.r°ll_6ll • .....

am* Indian--
Do. Tallmoion F. .

Do. robtatlpore--
Do. Of p. et. Debent
Do. 6 p, at do
OoMW Malbourne
I Orand Unnk or Osnoda
Do. 6 per ct. Prof.
Do. 6 per ct. Debent
Do. 7 per et. 1902
Do. do. 1967
Do. do. till
Oros& Indian Palm&

Do. New
eL
tat. Wed
Inm.tt. Satare.
Do. New ._
Do.Bda ,pardopt.
Do. do. 73 opt. till
Do. do. 73 withoalop.
D0.6ip.a.8d5.,pa7.77
Madre& Omar. 4
pperar et.
Do. do. 6
Do. 4 per ot. Wan
Do. eth Satan. do.
Stelb.Corp.Op.ct.B.
N. Brunswick &
oleo A cap. sh
Du. do. Land do.
Do. do. B cup. do.
Do. do. Lad do ]
(limited)

11Do.P
1)o. Ind.=g. 6 p.c4.1
Andsows Ac *woo A
Tr4atda4TAadis4lsorlp

199 MI
1 9t I
96 94

1