The Express.
London, England, 1859-11-22 00:00:00

MONEY MA RICE7.-7HIS DAY.

Two o'CLoci.

Complete stagnation prevails to-day in the Stock
Exchange. In many kinds of securities there has
not been a single transaction. The funds are sup-
ported at the closing quotations of yesterday, al-
though the sales of New and Reduced Theo per
Cents. hays not oeased.

The New Indian Loan has improved to 1031 to a.
The Three per Cent. Rents. opened at Paris this
morning, according to Mr. Renter's telegram, at
69.95 for the account, and improved to 70, being
Oc. better than yesterday.

Consols are officially marked 961 and 1 for money,
and 961 and 1 for the account. The present quotations
are 961 to 1 for cuh and 961 "buyers," for the 6th Dec.
Bank Stock has been dealt in at 228 ; the Three per
Cent.. Reduced, at 941, 1, and k ; ditto New Three
per Cent.., at 941 and ; India Stock, at 2271 ;
the New Indian Loan (stock), at 1031 and 1 ;
the Four per Cent. Debentures of 1839, at 961;
India Bonds, at Is. dis. to 2s. prem.; and Ex-
chequer Bills at 275. to 30s. prem.
The transactions in the foreign stock market have
been few. Turkish stocks are steady, the Loan of 1854
being quoted 761 to 771, with transactions at the
latter figure, and that of 1858, 651 to 661.
Spanish Bonds have improved, and there are still
some inquiries for Mexican. Sales are recorded us
follows :—Brasilian Four-and-a-Malf per Cents.,
1852, 961, ditto, Three-and-a-Half per Cents.,
1858, 96, 981; Dutch Two-and-a-Half per Cent..,
65 (exchange 126.); Mexican Three per Cents., for
account, 221, 221 ; Portuguese Three per Centa.,lBs3,
for amount, 451 ; Russian Three per Cent.., 1859,
661 ; Sardinian Five per Ceuta., 87, 861 ; Spanish
New Deferred Three per Cents., for account, 331,
331; Turkish Six per Cent.., 1854, for account,
771, 77, 771; ditto Six per Cents., 1858, for an-
' count, 66 ; ditto Guaranteed Four per Cent.., 1031.

The shares of the Ocean Marine Insurance Com-
pany have receded to 1i to 14 prem. upon realisa-
tions by some of the allottees.

FOUR O'CLOCK.
Compile closed at 961 to 1, both for money and
the account, showing a slight improvement compared
with the quotations current at 2 o'clock.
The demand for money yesterday waa active, and dis-
counters in many instances asked a tractional advance
upon the Bank minimum. The applications at the
Bank were to a fair extent, but denoted no pressure,
although yesterday was the day fixed for the comple-
tion of the payment on the 1,400,0001. of East Indian
Railway Debentures. Owing to this call, oenpled
with the circumstance that this was special " settling-
day" in the Stock Exchange in the New Indian Loan,
money was in increased request in that establishment,
and commanded 2 to 2} per cent, on government
securities. The Council of India are still provided
considerably in excess of their immediate require-
ments, and continue, therefore, lenders of money at
2 per oent. on government securities, subject to cer-
tain restrictions to which they deem it necessary to
adhere, and which render the offer not generally
acceptable. We thus almost arrive at the anomaly
of the Council lending at 2 per cent. money
which will be paid immediately into their trea-
sury under the form of railway capital, and
upon which they must pay 5 per oent. It is true
that the railway companies are under the obligation
to repay ultimately to the government the sums ex-
pended by the latter as interest on the railway capital;
but, allowing for this, there is still, obvionaly, room
for great improvement in the working of the Indian
financial departme ate.
It appears that the amount of the New Indian
Loan written into the Bank books as stock is about
4,150,0001. Upon the balance, 850,0001., the final
instalment of 25 per cent. falls due to-day, snd will
require about 215,0001.
_

A telegram received yesterday afternoon from
Amsterdam announces a fell oft per cent. in Duch
stocks. The Twoond-a-Half per Cents. were quoted
on Saturday 631, and yesterday, 62i. The cause is a
statement that the government proposes to apply to
the purpose of railway construction a sum of ten
millions of guilders (about 850,0001.), which hitherto
has been annually applicable to the sinking fund of
the national debt. Two important lines of railway
are projected, one running to the north and the other
to the south. The bill for the northern line passed
the legislature on; Saturday by 46 votes against 25,
whilst that for the southern line passed this day.
There were no transactions in bullion at the bank
yesterday. The 83,0001. by the Persia and Kangaroo,
with the exception of 10,0001. in Mexican dollars,
was purchased for the Continent.
The demand for Mexican dollars continuing,
higher prime were offered yesterday, but the market
is bare. This coin is probably wanted in connexion
with the movements of French and English troops in
China.

In consequence of the remonstrances made on be-
half of the Mediterranean Extension Telegraph
Company and other parties, relative to the delays in
the transmission of telegrams through Neapolitan
territory, the British government has addressed a
representation to that of Naples. The Sardinian
government is believed to be likewise not free of
blame in the matter.

Messrs. Woollatt, Gard, and Co.'s tea circular,
issued this afternoon, contains the following abstract
of telegraphic news from China :
Canton, Oct. 12.— AU quiet. Trade improved. Demand
for imports dull. Tea market opened favourably. T 666 have
been taken freely. Shanghai. Oct, 6.—lmports in good de.
mend. Tess token freely. Shanghai, Oct. 6.—The Chinese
government has repudiated Ito treaty with the United States
by relaying to open the porn of Swatow aid Taws's, sa
stipulated by that treaty.
It is stated that of the capital of 600,0001. sought
to be raised by the Atlantic Telegraph Company, in
Eight per Cent. Preference shares of 51. each, sub-
scriptions for less thaa one-sixth have as yet been
secured. The assistance extended to this national
undertaking by the British government is ob-
viously inadequate.
The Central Oude Railway Company, on the let
Sept., called up 24. 6d. per share, on the strength of
a contemplated amalgamation with the Gude Rail-
way Company. According to the report recently
issued by the latter, this cannot be done, and some
of the shareholders urge that the call ought there-
fore at least to be returned. . .

The Trinidad Railway Company having issued no
report of later date than March,lBsB, the shareholders
are becoming anxious for some statement of progress,
the more especially u a call of 172.6 d. per share was
partially paid in April. 1838.
Intelligence has been received of the destruction
by fire, on the 11th instant, off Cape Finisterre, of
the ship Doke of Wellington, Captain Campbell,
while on her voyage from Liverpool to Bombay. The
loss, it is stated, will fall upon Lloyd's and the insur-
ance offices in Louden._

-
The paddle steamer Canton, the loss of which off
Macao has just been announced, was one of the oldest
Tamale of the Peninsular and Oriental Company's
fleet, and has traded fora long period between Hong
Koag, Shanghai, and Canton. She registered 330
tons, and had engines of 130 horse power.
The Olenclune and New Margaret have arrived
from China with 1,038,3001b1. of tea.

The Admiralty will receive tenders on the 12th
December for the supply of a large quantity of
materials for seamen's clothing.
IVith reference to the tallow market a correspon-
dent sends us the following :
The market is quiet with very little doing. In the early
part of the week there was some improvement in the demand.
but It has sines fallen off. The delivery last week was 2.678
oasts against 3,684 in 1868, 3,060 in 1857, end 2,428 in 1856.
The stock M now 49,614 casks against 23,261 in 1658, 38,622
In 1857, and 15,325 fa 1856. Large strive!' ere expected
hum Odeent In the course of a few weeke.
It appears that the quantity of tallow " left over"
in Bt. Petersburg, at the close of the navigation, is
between 23,000 and 25,000 casks.