The Express.
London, England, 1859-06-08 00:00:00

ice:

MONEY MARKET -THIS DAY.

Two o'CLocK.

The funds have again risen to I per me,
although business is very limited. The monthly set-
tlement in Consols he. been completed this morning,
by the payment of the differences.
In the other markets prices still exhibit an up-
ward tendency. Indian and Lonsbardo.Venetian
railway shares are principally inquired for.
British railway stock., however, in some instances,
are a trifle weaker.

Consols are officially marked 931 to 941 for ;
money, and 931 to 94 for the Bth of
July. The present quotations are 931 to 94 for
cub, and 931 to 1 for the account. Bank Stock
has been dealt in at 2191 ; the Three per Cents.
Reduced, at 921 to 94; the New Three per Cents.,
at 921 to 921; the Indian Four per Cent. Debentures
of lag year at 941; India Bonds, at 31. to 7s. dia.;
and Exchequer Bills at 19s. to 235. prem.
The foreign stock market, though quiet, is de-
cidedly firm. Where any alteration is observable in
prime, it is in a favourable direction, except se regards
Turkish stocks, which have declined 1 per cent. ; the
Old Loan is now quoted 681 to 69/ ; and the New,
671 to 581. There are inquiries for Mexi-
can, Spanish, Portuguese, and Russian stocks.
Sales are recorded as follows : Brazilian
Old Five per Cents, 100; ditto Four-and-a-Half per
Cents., 1862, 91, 90, ex div.; ditto Four-and-a-Half
per Cents., 1858, 91, ex dix.; Mexican Three per
Cents., for account, 171, 171,18; New Granada Ac-
live Bonds, 151 ; ditto Deferred, 41; Peruvian
Four-and-a-Half per Cents., 831; Portuguese Three
per Cents., 1863, 42 ; ditto for account, 43 ; Russian
Five per Cents., 104; Spanish Three per Cents., 411;
ditto New Deferred Three per Cents., 261, 29;
Turkish Six per Cents-, 1858,68, 581 ; ditto Guar.
erased Four per Cents., 102.
The first official price in the Three per Cent.
Rentes at Paris to-day, according to Mr.
Renter's telegram, was 62.95 for the account, but
the quotation soon afterwards receded to 62.80,
showing a reaction of nearly per cent. compared
with the last price of yesterday.
The Calcutta and China mails, via Marseilles,
will be delivered in London to-morrow.

In the discount market the rate for two-monthsj
bills of a high class is about 2k per cent., or 1 per
cent. below the Bank minimum. The applications
at the Bank yesterday were more numerous, but of
an exceptional character.
At Vienna and Frankfort, on Monday, the reverses
of the Austrian arms were the signal foe a fall of k
per ant. in the Five per Cent. Metallic'.
About 20,0001. in gold, half bars and half Russian,
was yesterday sent into the Bank.
The steamer General Codrington arrived from St.
Petersburg yesterday, with about 60,000!. in Russian
gold.
The arrival is announced 'of the Shooting Star,
from Melbourne, with 67,0001. in gold.
In addition to the ships already referred to, the
Monica was to leave Melbourne for England on the
20th of April, with about 131,0001. in gold.
Purchases of silver to a moderate amount have
been made here for the Continent, principally for
Hamburg.
The foreign exchanges yesterday afternoon pre-
sented little alteration ; but bills on St. Petersburg,
Italy, and Sicily were more inquired for, and were
quoted rather km favourably for England. The
rates are shown below:
Amsterdam, three menthe, 11.161 to 6; ditto short,
11.12 to 13; Rotterdsza, three more 11.151 to ,
Antwerp, three months, 25.6 to 10 ; , lama
Mono,three mouths, 13.31 to 41; Per* threedey• ht, 26.6
to 10; ditto, three mond. 25.321 to 71 ; nerMet-on.
the-Mains, three months, 1161 to 1; Petwebar& per
rouble, three months, 321 to 321; Visalia, of fio., three
months, 14.90 to 16.10 ; Trkate, ditto, ens maths 14.90
to 16.10 ; Madrid, three mouths, 49 to 1; Gala, three
menthe, 491 to 1; Lanham three maths, 29.90 to 30.10 ;
Gera., throe mnaths, 26.65 to 70; Naples, three month*,
401 to I ; Palermo, three months, 121 to I ; Weans, three
months, 121 to ; Lisbon, 90 days, 611 to 1 ; Oporto, 90
days, 611 tot.
Forgeries of bills to rather a large amount have
just been brought to light. The person implicated
is named John Lockhart Morton, was formerly en-
gaged in business as a civil engineer in Parliament.
street, and is now described as merchant and bill-
broker, of Finch-lane. Ile appears to have had
transactions lately in the timber trade, and also to
have made consignments to Australia. His con-
nexions are highly respectable, and his attainments
are described as of a highorder. This person was yes-
terday carried before the Lord Mayor, and remanded
on a charge of forging and uttering a bill of exchange
for 6001., purporting to be accepted by Messrs. P.,
W. Flower and Co., of Princes-street, with intent to
defraud the London Discount Company, who are the ,
prosecutors. Other bills, believed to be fictitious,
are held by this company, but the amount, as far as
can yet be ascertained, is only moderate. The loss
will be further reduced by the proceeds of property
seized by the company on Monday. At least one
other discount establishment is involved, but is un-
derstood to be covered to • considerable extent.
There is a rumour that the total amount of the
forgeries is not less than 20,000/., but this may prove
to be an exaggeration.
It appears that the Austrian government, by way
of consoling itself for the failure of its last London
loan, has taken from the National Bank a large ad-
vance in specie, " on account of that part of the
loan which was not taken." If this information is
to be understood literally, the " advance" must be to
rather a large amount.
At the annual meeting of the proprietors of the
Bank of British North America, held yesterday,
the directors' report referred in hopeful terms to the
brighter prospects of trade in the British North
American Colonies. The dividend recommended by
the Board, at the rate of 6 per cent. per annum, was
agreed to. It was announced that the company's
charter has been renewed for another ten years.
A special general meeting of the Italian Junction
Railways Company is called for the 9th of July, at
Geneva, when there will be submitted " the balance-
sheet of the years 1838 and 1839, and the necessary
propositions respecting the concessions granted to
the company by the Sardinian states, especially. in
reference to the section from the Simplon to the Lao
Majeur."
A call of 2/. is to be paid on the B shared, and of
2!. on the new issue of shares, in the Oriental Inland
Steam Company, by the 11th of August.
The transfer books for Consols, the New Three-
and-a-Half per Cents., New Two-and-a-Half per
Cents., New Five per Cent. Annuities (1860). and
Annuities (1880), will close on Friday next, and
re-open on the 15th of lnly.

Ti MAY NVINIWO.
Consols, which closed yesterday at 93j to f for
the Bth of July, opened this morning at a slight re-
action, but soon improved, and, after touching 931,
closed at 93f to 1, or equal to 92 to ex dir. For
money the last price was 931 to 1, but transactions
were recorded in the morning u high as 94. The
official business report is as follows :—Three per Cent.
Consols, for money, 931, I, 1,1, 94, 931, 931 ; ditto,
for account (Bth July), 931, 931, 931; Three per
Cents. Reduced, 921, 1, ; New Three per Cents.,
921, 1,1, ; Thirty Years Annuities, expiring is
April, 1883, 171 ; Bank Stock, 2211, 2191, 221 f ;
Indian Four per Cent. Debentures, issued in 1858,
94f ; the Scrip of the New Loan, 931, 93j, 93f.
Exchequer Bills have again advanced Is., clung
at 19e. to 235. prem. India Bonds were dealt in at
100. to 3s. dis.
The scrip of the New Indian Loan was quoted 93
to j; and the Four per Ceut. Debentures issued
last year, 94 to f.
The foreign stock market was inactive, but firm.
The principal inquiry was for Sardinian Bonds,which
have again risen about 2 per cent., closing at 79 to
81. Turkish stocks were rather weaker at one
period of the day, but closed fully as good as yester-
day—the old loan at 69 to 70, and the new at 68
to 68. Mexican Bonds have improved to 171 to
I. There were also inquiries tor Russian Four.
and-a-Half per Cents. Dutch Four per Cents. have
advanced considerably.