The Express.
London, England, 1860-02-15 00:00:00

E ge P.'

MONEY MARKET.-7HIS DAY

Two o'CLoow.
.The funds to-day are Bat, and yesterday's re-
covery of 3 per cent. has been lost. A little anoer-
tainty as to the course of the debates in Parliament
on the budget has encouraged some sales. Very
little business, however, is going forward. In the
market for British railway stocks, a slight reaction
is also observable.

The price of the Three per Cent. Rentee, at
Paris this morning, according to Mr. Renter's
telegram, was 671 r. 65c., being without change
since yesterday.
The Indian Five per Cent. Stock of 1859 has =-
proved to 1031 to 1, for the account.
- -

The eorip of the new Canadian Five per Cent.
Loan is dull, at to 2} prem.

Consols are officially marked 941 and for
money, and 941 and I for the amount. The present
quotations are 941 to * for money, and 94*,
or 94 7-17 to 9-18, for the Bth of March.
Bank Stock has been dealt in at 2291 and 231; the
Three per Cents. Reduced, at 941, 95, and 941;
the New Three per Cents., at 941, 941, and 941;
India Stock, at 220; the Indian Five per Cent.
stock of 1869, at 1031 and 1 ; the Five per Cent. et-
faced rupee paper, at 97 ; India Bonds, at ss.
prem. ; and Exchequer Bills, at 245., 26e., and 235.
prem.

The foreign stock market remains very quiet, but
prices are steady. The Turkish Six per Cent. Loan
of 1864 is quoted 781 to 79, and that of 1868,661 to 661.
Sales are recorded as follows :—ltussica Five per
Cents., fur account, 110, 1091; ditto Three per
Cents., 1869, 641; Turkish Six per Cents., 1864,
for account, 791; ditto Six per Cents., 1868, 651;
ditto for account, 661, 661; Venezuela Three per
Cents., 27, 261.

The shares of the Bank of Tarkey are rather
Better, at par to prem.

The discount market is gradually. assuming an
easier appearanee. More disposition is now shown
to take good bills up to three months at 4 to 41 per
oent.

Of the 67,00 W. by the Africa, from New
York, 6,0001. consisted of Mexican dollars and the
rest of gold, which will be sent abroad. The gold
is imported here from California via New York, in-
stead of by the steamers from the West Indies. The
12,00 W. by the Cleopatra will also be taken by ex-
porter,.
On 'Change yesterday afternoon bills on Holland
were in demand, with rather a downward tendency
in the mew, and paper on several other Continental
places was inquired for. The exchanges on Austria
and fit. Peteraburg were quoted less favourably for
this country. The rates are shown below :

Aresterdeni, three maths, 11.16}
_to 1; ditto short, 11.13
to } ; Etotterdra, testa mates, 1116} to 16; Antwerp, three
months, 46.72} to 7} ; Brabant, marts Mae% three month.,
13.6 be ; rata. dram days' sight, 26.10 to 16; ditto,
three inuotbv, 26.36 so 7} ; FraW&M-on- the-Maine, three
months, 117} to ; Psr rebore. per rouble, three mania
34} so } ; Vienna, e 5. ho three rountes, 13.30 to 40 ;
Trieste, ditto, three mon ho.,
13.30 to 40; Madrid, three
months, ;49} to 4; Cadiz, three months, 49} to i ; Ler
horn, three nio,iitv, 30.30 to 40; GOMM, three monies,
26.40 to 6 ; Navies, three month; 404 to } ; Palermo,
terse months, 121 to } ; Manias, three mouths. 121} to } ,
Lisbon, 90 days, 62} to }; Oporto, 90 days, 621 to 63.
The letters from New York report the exchange on
London dull, at the somewhat improved quotation of
1084 to 109. There was a fair supply of bills, and
only a moderate demand for this mail. The demand
for money was lees active, and the supply more abun-
dant. The rates of interest were lower, loans on call
being obt unable at sto 6 per cent., and first class
paper being discounted at 6to 8 per cent. The Six
per Cent. Tieasury notes again commanded • small
premium. The Bank return, for the last fortnight
showed a decrease of 493,788 dole. in loaue, and an
increme of 1,322,873 dole. in specie. The receipts
of gold from Calitoraia for the fortnight were
1,760,582 dole., sad the exports of specie 259,400 dole.
The delay in the arrival of the Calcutta and China
mails is owing to the rudder-head of the Valetta
having met with damage. The mails were trans-
ferred at Malta to the Alhambra, which will bring
them to Marseilles.

There was some excitement yesterday in the
market for shares in the Bank of Turkey, in anti-
cipation of the special settlement, which is fixed for
to-morrow. Attention has before been called to the
gambling character of the operations in this stock.
On behalf of the Greek interest large sums of money
were given some weeks ago for the "all" of
thousands of shares. The dealers, who undertook the
risk of providing the shares if called upon, naturally
protected themselves by purchasing a proper propor-
tion. For some weeks, however, the pnoes have been
mach below those fixed in the " Considering

the improbability of the alarm being called of them
the dealers appiar to have parted with those which
they bad purchased. This seems to be precisely
what was wanted by the persons who organised the
whole transaction. Two or three large buyers have
been pu t for ward yesterday afternoon, on th f the
settlement, and the pries, which opened at to / die.,
was driven up to to f prem. The object is apparently
to catch the dealers who have sold the " call " of
the shares, and to force them to buy largely to cover
themselves. To-day is the day for the settle-
ment of the " calls " and other " optional " transac-
tions. The whole affair is of a disreputable character.
The stook in which all this gambliug is going on is
not that of a mine, or other inherently speculative
concern, but a bank !
The weekly traffic return of the Great Western
Railway of Canada, received yesterday, shows an in-
crease of 4391. sterling.
The Master of the Rolls, who is charged with the
winding-up of the Newcastle, Shields, and Sunder-
land Union Juint Stock Banking Company, propmes
on the 21st Matsut to order a return of li. per share
to the contributories who have been included in the
call of 201., and have not entered into any compro-
mise with the official managers.
The half-yearly interest is notified on Danish
Five per Cent. Stock.

TiIIISDAY EVTXDfO.

Consols, which closed yesterday at 941, "sellers,"
for the Bth of March, opened this morning at 94f,
and closed at 94 11.16 to 1. For money the last
price was 941 to f. The official business report is
es follows :—Three per Cent. Consols, for money,
941,i ; ditto, for account (Bth March), 941, 1; Three
per Cent. Reduced, 941, 1; New Three per Cents.,
941, 2, i; Bank Stock, 231; India Stock, 219, 218,
220; the Indian Five per Cent. Stock, 1859, 1031,
31, 31: the Indian Four per Cent. Debentures, 1859,
971; the Five per Cent. " enfaced" rupee paper, 97,
971, 971; ditto, Five-and-a-Ralf per Cent., 1031,
1031.
Some considerable transactions took place to-day
in the Indian rupee paper, which was more enquired
for, and cloned at a recovery of 1 per cent. The Five
per Cent. was last quoted 97 to 1, and the Five-and-
a-Halt per Cent., 103 to 1.
The Indian Five per Cent. Stock of 1859 has
improved to 1031 to 1. Exchequer Bills were steady,
at 23e. to 265. prem.
Mexican Bonds were in demand, and have im-
proved. Turkish Bonds were also rather better, the
closing quotations for the new amount being 781 to
79 for the loan of 1864, and 651 to 681 for that of
1858. Dutch Four per Cents. were inquired for,
and other foreign stocks quiet.
Bank shares remain firm. An advance of 21. took
place in Canada Land. Crystal Palace shares are
now dealt in as stock, and were quoted 271 to 321
per cent. The miscellaneous share market wee
quiet. The shares of the Trust and Loan Company
of Upper Canada were marked 11 prem.
Ocean Marine Insurance shares were quoted this
afternoon 2 5-16 to 21 prem., being decidedly better;
Universal Marine, Ito / prem.; and City of Lon-
don Brewery Preference, '1 to f prem. The latter
were again in demand, and warm. A large propor-
tion of the preference capital has already been patti
ap in full.
The New Canadian Five per Cent. Loan was
firmer to-day, the scrip being last quoted 2 to 21
prem., and the paid up boas, 1001 to 1.