The Express.
London, England, 1859-02-17 00:00:00

TRAFFIC RITI'URNII.

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TEI PROJICTID EXTZNBION or THE OIIAT Hal-
fors xr Amt.—Kr. William Thos. Wsinatile, R.N., the
Indefatigable mater-Miladeat of Molts Dockyard, took kle
depertune IS Betardery lest In the Treads stemma Baryotheae,
for Marstalletion rotate Ifug'aad, wader orders, it Is repata,
from the Loris of the Admiralty, to send isformatlon and
give his valuable counsel in regard to the prayed: d *theme for
ralesdlsg the accoeunixtatlon to the Great Harbour for her
Hsi( sty's stilts sad atom, by appropriating f r crown pur-
poses the present Merchant. or Breach Creek behind Brog-
lie; and dredging the upper put of the harbour, end exca-
vating the lent tor some dm•anoe beyond, to farm an exclusive
port for werchaat shipping, is istuntlion with whkh
project, Ceptale Breit, ititit: secretary sad side-de coop to
the noroutor, le't S. d • few w,eka ago. It is alto
eurrsstly runowei that Is la costamplattos to appoint
Mr. NaMprie• a somber of Me Malta council of govern•
wart is order that it may have the benefit of his practical
klicolville daring the dleearioas of the poke but thst he
will net be tntttled Is regierme W sets.--Malts MOO,
?AMU, 5.

MONEY MABKET-THIS DAT.

Two elm=

The funds opened this morning with a tendency
to dullness, but have since become firmer. Prices are
now quoted, if anything, a shade better than at
4 o'clock yesterday. Throughout the Stock Ex-
change there is no feature of much interest, extreme
quietude prevailing. Firmness, however, is shown.
French, Lombardo-Venetian, Indian, and Caledonian
railway shares have improved.
No telegrams have yet been received from the
Paris Bourse this morning.
Consols are now quoted 951 to 1, both for
money and the 9th of March. The Three per
Cents. Reduced have been dealt in at 951 to
96; the New Three per Cents., at 951
to 961; the New Two-and-a-Half per Cents., at
79; India Stock, at 219; Indian Four
per Cont. Debenturee, at 981 to 961; India
Bonds, at 18s. prem. ; Exchequer Bills, March,
at 375. to 38e. prem. ; ditto, June, at Ste. to 36a.
prem.

---
Turkish securities are in demand, at a fresh ad-
vance. The first series of the New Loan is quoted
80 to ; the second series, 6/ to 6 die. ; and the
Six per Cents., of 1864, 91 to 1. Venezuelan Bonds
remain dull. Other foreign stocks are inactive.
Sales are recorded as follows :—Brazilian Four-
and-a-Half per Cents., 1868, 93/, 941; Dutch Two-
and-a-Half per Cents., 661 (exchange 12 fl.) ;
Portuguese Three par Cents., 1863, 46 ;
Hessian Five per Cents. 113 ; ditto, Fonr.and-
a-Half per Cents., 991 ; Spanish New Deferred
Three per Cents., for account, 301; Turkish Six per
Cents. (1864), for account, 90j,91; do., Six per Cents.
(1868), first series, for acooant, 79/, 801; ditto,
second series, for account, 6/ to 61 Ws. ; Venezuela
Deferred Two per Cents., 161 to 17/.
Adrices have been received of the lees of the ship
Sethi, Captain James, belonging to Messrs. Green,
of Blackwell. She wan bound from Calcutta for
London, and took fire and sunk in the river
Hooghly.
The demand for money continues languid. The
term, for first-clam bills yesterday were 2 to 21 per
cent. There were very few applications at the
Bank.
A sum of 90,0001. in gold, via. 60,0001. Russian
and 30,000/.. American, sou yesterday sent into the
Bank.
The bar silver by the West India packet was sold
yesterday forth, Kest at be. lid. per mace standard,
being the same price an that obtained for the re-
mittance by the previous vessel. The Mexican dol-
lars remain on sale.
A telegram from St. Petersburg reports the ex-
change again lower, at 360., showing a total fall of
31 to 4 par cent. from the highest point touched at
the end of December, when large drafts were passed
in anticipation of a Russian Loan.
In the Hones of Commons yesterday the Atlantic
Telegraph Company's bill was withdrawn, but leave
wee given to bring in another bill to "alter and
amend the acts relating to the Atlantic Telegraph
Company, and to enable the company to raise
capital, and for ether purposes
We understand that the for the long pro-
jected Bank of Turkey has been obtained from the
Turkiah Minister in London. The affair is taken up
bcruzailitnitekh and foreign combination; but the
have no part in it, adhering to the
terms whit* they signified to the Turkish Minister
some time age,as the auditions of their partieipation.
In the reeolutions just adopted by the committee
of the Stook Exchange, in virtue of which the
shares of the Ottoman (Smyrna to Aidin) Railway
Company were this day struck at the ot6aial Hata,
the committee exonerate the directors from
participation in the misrepresentation complained
of, but charge them with neglect of super-
vision of their officers. We have reason to bilk,'
that the dilemma into which the company have
fallen is not unconnected with the allotment of shares
to the contractor, and that there wan not a tempo-
rary lodgment of money at the company's bankers
with a view to deceive the committee. It is under-
stood, however, that the directors are about to pub-
lish a jastificatoi7 statement, pending which the
high respectability of the board will denbtlesis in-
duce the public to suspend their judgment.
BMOCs Ayres Deferred Bond, have been favourably
affected by the announcement that the last Brazil
mail brought a remittance of 10,0001., destined for
the purchase and eancelment of this class of debt.
The directors of the Red Sea and India Telegraph
Company have made a third call of 21. (making 101.
paid), payable by the 16th March.
The London and North Western Railway traffic
return shows this week en Mamas, of 3,8861 ; the
Great Northern an Men ' Menus of 2,4031. • the Great
Western an increase of 2,3361. ; and the Loudon and
South Western an increase of 1,74 W.
The shares of the Canada Land Company were
in considerable demand yesterday, and were officially
marked 125 and 121. The nearest quotations current
at the close win 122 to 127. The advance is attributed
to news that Sir Edmund Head has intimated to the
Canadian Legislators that, as the Canadians solicited
Queen Victoria to select a new capital for them, they
are bound to abide by her decision. The capital
selected is Ottawa, in the vicinity of which the
Canada Land Company have large estates.
Sir John Pakington (First Lord of the Admiralty)
and Captain Arrow have been elected Elder
Brethren of the Trinity House; the former in the
room of the Earl of Haddington, deceased, and the
latter in the place of the late Captain Shepherd.
With reference to the market for American rail-
way securities,:liir. E. F. Satterthwaite reports :
We hays bad a steady market dosing the past week foe
Ameriean 6emuitiesLwith, however, ealy a moderate busi-
UM doing. Illinota7ree Lead &sda are In good demand,
ant shams are Ann at 36 Ca.

WIDNISDAT EviNnta.

Consols. which closed yeeterd;Yatisl,"liluiers, "
for the 9th March, opened this morning about 951,
touched 95 7-16 to 4, and closed at 934 to 4. For
seamy the hut price was 98/, " buyers. The
government broker continues hie purchases. The
official business report is as follows:—Three per
Omit. Consols, for money, 951, 1,1, 1,1, 1; ditto,
Lsr account (9th March), 931, 931; Three per Centr.
Reduced, 96, 931, 964, 931, 96; New Three per
Cents., 96, 951, 964, 961 96, 981; Long Annuities,
expiring in January, 1880, 11; Thirty Years An-
nuities, January, 1860, 18.16; Indian Four per
Cent. Debentures, 984, 98, 981, 98; India Bonds,
18s. prem.; Three-and-a-Ralf per Cent. Exchequer
Bonds, falling payable in May next, 1001.
Exchequer Bills remain quoted 335. to 361. prem.
The Indian Four per Cent. Debentures were dealt in
at 98 to 984.
The new Turkish Leae, upon the whole, was fairly
supported at the late improvement, being strength-
ened by some considerable purchases, against sales
of the Old Six per Cents. Taking into account the,
dividend now nearly due on the New Loan, and
allowing for the four months' dividend on the Six
per Cents. of 1834, the former is no less than 11 to
111 par cent, cheaper than the latter. The closing
quotations were as follows :—New Loan, first eerie',
794 to 801 (after being marked as high as 804) ;
ditto, second series, 6to 51 die.; and the Old Six
per Cents., 901 to 1. Sardinian Bonds were some-
what firmer, at 80 to 81. Venezuelan were dull, the
Active Bonds being quoted 43 to 44, and th• Deferred,
17 to 1.
Bank of Egypt shares sustained a fresh fall to-day,
king at one time offered at 244. In the afternoon •
demand sg up, and the latest quotation was
241 to 25/. pran English, Scottish, and Australian Char-
tered Bank, London and County and National Sauk '
shares were in demand; the latter were marked 50/
and 301. Peninsular and Oriental Steam shares
wan weaker, whilst South Australian Land exhibit
as improvement. London Dock stock was officially
marked 92.
The new Victoria Government Bonds were in de-
mand to-day, and closed at 1104 to 111. A fresh
rise of 1 per cent. likewise took place in New South
Wales Government Bonds.

Victor Emmanuel Railway bonds were quoted
to-day 89 to 90.

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