The Express.
London, England, 1856-09-09 00:00:00

MONEY KARIBr-THIS DAY.

Two o'CLool.

The funds are rather steadier to-day, but these is
scarcely any rally from the decline which was ceta•
blishad yesterday. Console are now quoted 941 for
money, and to-morrow, and 96 i to 3 foe the Bth
October. The New Three per Cents have been dealt
is at 95 to;; the New Two-and-a• Half per Cents.
at 79 ; Exchequer Bills at 14s. to 17a. prem. ; Exche-
quer Bonds atj 1001 to 3; and India Bonds at 18s.
prem..

Turkish Six per Cents. remain quiet, at 103 k to
I, and the Guaranteed Four per Cents. at 103 k
to j. Other foreign securities meet with only a
limited business. Dutch Four per Cent. Cer-
tificates hare been dealt in at 931; Equador
New Consolidated Bonds at 15 ; Granada
Deferred at 7/ ; Mexican for the 16th inst..
at 22! ; Russian Four•and•a-Half per Cent:. at'
981; Sardinian at 921 to j; Spanish Old Threw
per Cents. at 441; ditto New Deferred Three per
Cent., for the 16th inst., at 25 and 251.

The gold brought in by the Kent and Walter
Rood, representing a total value of about 351,0004,
was in hand yesterday. The whole hen been taken
for exportation, chiefly for the Bank of France. The
specie by the Walter Hood was in Australian sove-
reigns, which will be melted and sent to the Conti-
nent. The specie ex the Canada, from New York,
amounts to 127,5001., and such portion of it as is
destined for London will probably be in hand to-
day. This supply is believed to consist princi-
pally of American eagles, and is expected to be also
absorbed by the continent.
The steamer Tynemouth hu taken out 8,0001. in
specie for the Mauritius. The amount of specie brought
in by the Tamar, from the Brazils, is about 7,4001.
The bar silver brought in by the La Plata was sold
yesterday for China, at 511. 1,141. per oz. standard, show-
fog an advance of id. over the price last quoted.
The amount was small. The large supply of dollars
by this vessel has not yet been sold.
The corn market yesterday .was heavy. New English
wheat, much of which was in indifferent condition,
wu only saleable at a dailies of 4s. to 7s. per qr. from
lent Monday's rates. Flour declined 3s. to 4s. per
sack. The imports of foreign grain into London last
week were to a fair extent. The arrivals of flour
comprised no less than 84,470 barrels. Since
Friday only six grain-laden vessels have arrived at
port of call.
Mr. J. J. Meohi, the governor of the Unity Bank,
has issued a notification to the public, in which, refer-
ring to the uneasiness excited by the failure of the
Royal British Bank, he states that every depositor in
the Unity Bank may have his money, if he chooses to
apply for it; that the paid-up capital of the bank-
150,0004—remain' intact, with the exception of the
ordinary expenses, and that the bad debts made by
the bank do not amount to 501., although 150,0001.
worth of bills discounted by it have run off.
The directors of the Unity Fire Insurance Associa-
tion have convened an extraordinary general meeting
of the proprietors for the 23rd inst., when a resolu-
tion will be proposed for the appointment of a com-
mittee, charged specially to inquire into the past
transactions and present paid= of the company.
The names of the members of the proposed committee
are at the same time announced.

The directors of the Blackburn Railway Company
are inviting subscriptions from the public for a por-
tion of the new capital required for the extensions
from Bolton, via Radcliffe, to Manchester, and from
Chatham to join the North Western Railway. This
step is adopted in pursuance of a resolution adopted
at the general meeting on the 28th ult. Powers for the
construction of the lines in question are to be applied fir
next session. The total cost of the first-named ex-
tension is estimated at 420,0001., for which sum a
responsible contractor is stated to be willing to un-
dertake the works. The second extension is esti-
mated to cost 150,00 W., making a total of 570,0001.
This sum is proposed to be raised by an issue of 57,000
new shares of 101. each, which are offered in the first
instance to the holders of Blackburn stock, whether
original or preferential. Upon the completion of these
undertakings it is intended to pay to the holders of
these new shares a guaranteed dividend of 5 per
cent., charged upon the new portions of the line, and
upon the present line, after paying the dividend upon
the B Preference shares; to pay on the original
Blackburn shares a dividend up to 4 per cent. ; and
ultimately to divide all earplug earnings between
the new shares and the original shares in such pro-
portion that the former may always continue to re-
oeive 1 per cent. more than the latter. A deposit of
11. per share is to be paid on allotment:
The thirteenth call of 11. per share (making 141.
paid) is to be paid on the 4 per cent. unredeemabis
2W. preference shares of the Great Southern and
Western Railway of Ireland by the Ist of October.

MoNDLT Bmitixii.

The funds are still unfavourably affected by the
tightness of the money market, and by the arrange-
ments for the adjustment of the monthly account. A
further fall of 1 per cent. took place to-day. Parties
who have hitherto operated for higher prices have
become discouraged, and prefer to close their se.
counts rather than pay the current rate of " continu-
ation," which amounts on Consols to! to 7.16 per cant.
Money was today in active demand, and rather
tight. The late rates are fully maintained. In the
Stock Exchange, 6 per cent. could be readily obtained
for loans on government stock until the Ootober
settlement. All the gold that arrives is absorbed by
the Continent, and preparations must be made
I against the instalment of one million which falls doe
oh the new loan on the 18th inst. The impression is
becoming stronger that the money market will re-
main striogent until the relesee of the dividend funds
writ moss&
Osnada. which closed on Saturday at 94/ to 95 foe
and Wednesday next, opened this morning
set 94 to 4, receded to 941, and were last quoted 941
to 4. For the Bth October the quotation at 4 o'clock
was 95 to 1. After the recognised hours the market
was a shade firmer. The official business report is
as follows :—Three per Cent. Consols, for money.
941, 93, 941, 941'; ditto, for account, 10th Sept., 941.
1,4, 4. New Three per Cents., 96„ 1,4, S. India
Bonds, 14s. prem.
The transfer books for Bank Stock, the Three per
Cents. Reduced, Long Annuities, and the Thirty
Years' Annuities, expiring respectively in 1859 and
188.5, are now shut. The books for the New Three
per Cents. will be closed to-nicrrow.
Despite the demand for money, Exchequer Bills
maintain 13s. to 16e. prem. Exchequer Bonds were
quiet, at 1004 to 4.
In the foreign stock market the feature was a
sudden fall of about 10 per cent. in Buenos Ayres
bonds, consequent upon receipt of the advice.
which we publish below. On Saturday the price of
the bonds was quoted shout 80 to 86, and to-day it
was difficult to deal at 70 to 73. No transactions are
officially marked in the stock. Turkish bonds declined
about per cent. Other foreign securities were quiet.
Ottoman Bank shares closed to-day at to 1 die.;
Bank of Egypt at 1 die. to par; National Discount,
both old and new shares, at 13.16 to 13-16 prem.;
London Discount at 3.18 to 346 prem.; and General
Bank of Switzerland at 1 die. to par. The sharer
of some of the London joint-stock banks were
weaker, especially these of the Loudon and County
and Unity Banks. The New Brunswick and Nova
Scotia Laud Company's stock was quoted rather
lower. Peninsular and Oriental Steam shares were
better, and Royal Mail Steam flat.
The closing quotations for the newly projected
railways are subjoined, viz.: Eastern Bengal Rail.
way, Ito prem.; Euphrates Valley Railway, Ito
1 prem. ; Ceylon Railway, 11 to 11 prem.;
vette and South Eastern Railway,l-16 to 316 prem.;
eopiapo Extension Railway, die. to peem;
Italian Junction Railways, 1 to I/ die.; New Bruns.
wick and Canada Railway and Land A Shut% pal
to 1 prem.; ditto, B Shares, I to tr.
Railway Guaranteed 'cairns, 1 to i dis.; Sitting-
bourne and litleirtees Railway, jE to di.
The nomical quotation, for a number of other pro-
acts an as follow :—European and Indian Junction
elegraph Company, 1 dice. to par; Bernard's Patent
Machine Boot and Shoe Company, 1 dis. to par;
West Ham Distillery Company, par to prem.;
:Oriental Gam, I-18 to 3.16 prem.