The Express.
London, England, 1859-03-23 00:00:00

MONEY MARKET-THIS DAY

Two °Tune.
The funds to-day are rather dull, but prices are
not lower, although the telegraph announces that the
French Bents are again rather lower at Paris
to-day. Consols are now quoted the same as at 4
o'clock yesterday. At an earlier period of the day
an advance of about 1 per cent. was temporarily
quoted , a purchase of 50,0066At0ck for the account being
effected. The investment by the government broker
has been again limited to 5,0001. In all the other de- ITIINSDAT
partmenta of the Stock Exchange business is languid. Consols, which
for the were quotedril, at
opened 4 o'clock
thisy la
esterday,
The official quotation for the Three per Cent. ,96 llers " 7tli A i
at 1 se96k to " and gradually declined, closing
r 4
Renter at the opening of the Paris Bourse
sellers." For money the last price was 96k to 1•
to-day, according to Mr. Renter's telegram I The official business report is as follows: Three per
was 68fr. 60c. for the account. At half- • Cent. Consols, for money, 96k, I, /1; ditto,
for account (7th April), 961, 1, 1 ; India iitock, 221,
pest 1 o'clock the price receded to Wife. 65c., show-
I per cent., compared 220 ; Indian Four per Cent. Debentures, 981; India
log a fresh decline of about BeitliegTnhtee4:4olßBvse.eriapadreme.mep:.ty;baTrobhlkeereer-anin
Ma', nest,
ipee7riCeurchant.o7o;
Ex-
with the last quotation of yesterday.
Consols, after standing at 961 to for the
7th of April, are now quoted 98 3-18 to 1. 10,0001. Consols.
showingeue a frceetiLirovetment of le. ; and
For money the present price is 981 to 1. Exchequer Bills were quoted to-day 36e. to 38s.
dian
India Bonds have been dealt in at 14s. pram.; Ex- It'amin"9Bl to 1.
chequer Bills, at 355. to 38s. pram. ; and Exchequer The nativity noticedP in the foreign' stock market
Bonds, falling payable in May next, at 100. has quite subsided ; and, in some instances, the ten-
The foreign stock market is quiet. Mexican . deny of prices this afternoon was drooping.
and Russian Bonds continue in demand. Turkish stocks were in demand in the morning, the
The Old Turkish Six per Cents. are Old Six per Cents. being marked 94, and the New
rather firmer, at 93i to 1. The New 80e10;sebouft thee closinfeipnrices weret lelser9iinete;
Loan remains quoted 791 to 80. Sales are re- bolo
corded u follows :—Brazilian 1, anwd 791 to 10. Mexican Bonds were respectively,
again
Yeur-end-e-lielf considerable request, and, after being marked as
Per Cents-, 1862, 941 Four-end-n-Half Per high as 211, left off at al to 1.
Cents, 1868, 941, 941; Dutch Two-and-a• Half per
Cents., 641 (exchange 12 fl.) ; Mexican Three per
Cents., fa:account, 211, 211, 211 ; Anglo-Peruvian
Four-and-a-Half per Cenn, for account, 91 ;
Russian Five per Cents., 1111 ; the Spanish Com-
mittee's Certificates for the Unfunded Coupons,
61 i Turkish Six per Cents., 1864, for account, 931,
931; ditto Six per Cents., 1858, for account, 791.
Several weeks have now been consumed in diplo-
matic attempts to arrange the Italian question ; and
after nearly every journal in Europe bad commented
upon the presumed failure of Lord Cowley's mission,
the world has been suddenly assured that the result is
a great once... Commercial men have had a surfeit
of the disingenuous utterances of the lifoniteur,
which are no longer accepted as a guide ; and the
complaints of the dead silence preserved in parlia-
ment are becoming general. The ministerial
benches seem to be the last quarter to be resorted to
for information. Either—it is argued—a path to a
possible arrangement has been opened, or mediatory
efforts, after a sufficiently prolonged trial, have been
found nugatory. In either case, it is urged that the
mercantile world ought not to be kept waiting
much longer for the unfolding of this secret diplo-
macy, the mystery of which is pregnant with injury
to so many interests. Our merchants and manu-
facturers can adapt themselves to a condition of war
or peace, but not to that of protracted Immense,
which is almost the most pernicious of the three.
The discount business at the Bank yesterday was
upon a limited scale In the open market a good de-
mend is still experienced, but the supply of money
has increased, and in exceptional cases transactions
have taken piano at a fractional reduction from the
Bank minimum.
The 86,9001. in gold by the Sir William Eyre from
Melbourne, and Canada from Boston, was yesterday
taken for the Continent. A parcel of 20,000 sove-
reigns from Constantinople was sent into the Bank.
Small supplies of Turkish gold coin continue to
arrive.
Including a farther sum of about 300,0001. on
government account, the remittances of silver for
Bombay by the steamer Behar, on the 27th inst.,
will probably amount to between 600,0001. and
600,0001. They would be still larger could the re-
quisite supply of silver be obtained. In the mean-
time, the imports of this metal from the Continent
continue on an extraordinarily large scale. The
quantity received from Antwerp on Monday by the
steamer Dolphin was about 130,0001.
The specie by the West India steamer Magdalena
will be delivered to-day. The limited supply of
bar silver by this vessel was sold yesterday at Is. 21d.
per ounce standard, showing a nee of no less than
Id. compared with the price obtained for the remit-
tance by the previous packet ; in the interim, how-
ever, as previously noticed, transactions have taken
place at 6s. 21d. and ss. 2;d. The 93,0001. in gold
by the Magdalena will be despatched to the Conti-
nent.
The foreign exchanges yesterday afternoon were,
in most cases, decidedly lower,bills being in great de-
mand as a medium of payment for the enormous
quantities of silver which are in course of withdrawal
from the Continent. The chief decline was in paper
on Holland, Belgium, and Hamburg. The exchange
s on Austria was quoted no lees than 4 per cent. lower
than on Friday, owing to the more favourable read-
ing of foreign politics. The rates are shown below :
Amsterdam. tares months, 11.16/ to ; ditto short,
11.141 to 16; Rotterdam, three months, 11.161 to 17;
Antwerp, three maths, 26.20 to 6 ; Homburg, marks
Mom, threw months, 13.41 to 5; Paris, three days sight,
26.71:311216.ditt0, three months, 26.27100 321; Franidort-
three months, 1171 so I; Peesseberg, par
mmHg three mouths, 361 to ; se So., three
10.90 to 11.10 ; 'Lies* ditto, three maths, 11.5
tOrri• liedrid, three mon
ths, 491 to ; Cadiz, three
iseaths,'49l to 1 ; Leghorn, three seaatits,)ll.l36 to 96;
Genoa, three months, 26.45 to 60• lissiblas,bres
months, 401 to 1; Palombo, three months, 11l I
three months, 121 to 1; Lisboa, 90 days, 621 to ; Oporto,
90 days, 63 to 1.
We have received the following official announce-
ment of the issue of another 1,000,00 W. of stock
in the East Indian Railway Company. A similar
notification was affixed yesterday in the Stock
Exchange :
TO THU ZDITOR.
Str,—l am instructed by the beard of directors of the Rot
Indian Railway Company to inform you, that in acceribincm
with arraasecoenta attired into with the Secretary al State
lot India in Conseil, the board ci directors of the East
%Asa Railway Company have this day determined totems
use natio of alditional capital, bearing interest at the We
at fjar mat. per annum, guaranteed under the contract en-
teral lato with the East India Company.
Lathers will be issued on the 26h inst., offering the privi-
lege el rateezipticm to the shareholders retitled to the sum,
la ask rateable proporffaa, am on all former occasions.
The ant call of 61. peeswe trill be payable on the 16th
April ant, and payments will be nesived in full —I
D. I. Roan, Seminary.
'This announcement has been received with marked
dissatisfaction. The remark in Mr. Crawford's letter
that the company had been galled upon " to provide
fond' by the immediate bane of 100,000 new Ex tension
shares, representing the sum of two millions ster-
ling," had not escaped attention ; but there is a
general complaint of the want of candour displayed
by the board in not stating explicitly in their adver-
tisement, published on Wednesday morning last,
that another 1,000,0001. in shares was u
ponthe
point of being issued. The effect upon the price of
the company's stock has been disastrous.
By reference to Mr. Slaughter's useful "Rail-
way Intelligence," we gather that the East Indian
Railway Company have now issued the whole of
their authorised capital. The estimated outlay for
the main line from Calcutta to Delhi, and for the
and the
shame A, B, C, D ; 1,500,0001. shares E ; 2,000,0001.
seeExuetensie
iiesoniestouedJubee
Jubbulpore shares ; 1,000,0001. new Four-and-a-Half
balanrus°7-71,6002,73,0001"°11. sleek from
per Cent. Debentures ; 1,000,0001. new shares sow
to be issued ; total, 12,700,0001.
A petition has been presented in the Bankruptcy '
Court for the winding, up of the European na
nd
American Steam Shipping Company (limited), and
will be heard on the 6th April, unless the claim of
the petitioning creditor be settled in the interval.
Much disappointment and inconvenience are Pen-
sioned by the delay in the arrival of the Australian
mail. The first vowel to arrive under the new con-
tract of the Peninsular and Oriental Company is
expected at Suez four or five days hence, with dais
to the 16th of February from elbourne, and her
advices 'may reach London by telegraph at the sad
of next week. The news by two mails may thus be
received within a few days' interval.

MINES.-THIS DAY.

Two o'CLooi.
In the mining market to-day shares it
East Wheal Russell are again very fiat. Shuns
in Providence Mines, But Basset, Wheal Mary
Ann, Great Wheal Busy, and St. Day United mime
are inquired for and firm. In the Stock Exchange,
Sortridge Consols shares are officially marked, 15s.
Foreign and colonial mining shares present no
alteration of the slightest importance.