The Express.
London, England, 1859-04-12 00:00:00

WHY MARKET.-THIS DAY

Two Moor.
of the Indian Loan seem is

have had no effect whatever in the stock markets.
which are exclusively ruled at present by politieal
considerations. The intelligence from the Continima
being interpreted u of a more pacific tendency. the
hinds are quoted at a fresh improvement of /
per
omit. In the other departments of the Stock Kw
change buoyancy likewise prevails, especially es
regards English and Lombardo-Venetian railway
shame. _ .

At noon this day, according to Mr. Renter's tele-
gram, the Three per Cent. Rentes were cleated
at Paris 87.45 for the amount, showing a freak
Irive of t per cent. compared with the last price d

_
yesterday.
Consols for the bth of May have been dealt in
from 96} to 951, and are now quoted 961, "buyers'
For money the present price is 96i " sellers.'
Bank Stock has been dealt in at 223 ; the

Three per Cents. Reduced at 94, 941 ; tie
New Three per Cents. at 94, 941 ; LAIL
Bonds, at 2e. to 9s. prem. ; and Exchequer Bilik
at 38e. prem.
The transactions in the foreign stook market
have been to a fair extent, and, in several in-
stancee, including Turkish and Mexican Bonds,
an improvement hu taken place. The Turkida
Loan of last year has risen # per cent,
being quoted 771 to 78. The old Six per Cents. are
quoted 871 to 88, showing an improvement et
1 per oent. Sales are recorded u follows :—Bra-
raise Four-and-a-Half per 0ent5.,1868,931 ; Chiliaa
Six per Cents., 102 ; Dutch Four per Cane
Certificates, 991; Mexican Three per Cents., he
account, 201, 211; New Granada Deferred Bonds,
61 ; Peruvian Three per Cents., for coconut, 891, ex
dlr.; Portuguese Three per Cents., 1833, for account,
461; Russian Five per Cents., 110 ; ditto, Fame.
and-a-Half per Cents., 99, 99/; Turkish Six per
Cents., 1864, 871; ditto for account, 871, 871, 88
ex dlr.; ditto Six per Cents, 1868, far account, 771,
77/, 771; ditto Guaranteed Four per Cents., 1021
Venezuela Five per Cents, 41.
The mails from Calcutta and China will be deli-
vered to-morrow (Wednesday) morning.
CLOSING PRICES OF THE FUNDS.
CITY, Foes. o'Ciocn.
Consols are now quoted 961," sellers," for money,
and 961, " buyers," for the May account—showing
no alteration from the prices at 2 o'clock.
At Amsterdam, yesterday, a fall of no lees than
4 per cent. took place in the Austrian funds ; making
the extraordinary reduction of 9 per cent. since
Thursday. The panic extends to the other coati..
:rental markets, all of which are excessively agitated.
In the discount market yesterday the demand was
active, but not pressing. Good bills are still takes
at the Bank resrumum. At the Bank the applies,-
Lions were to a fair extent.
The fortnightly settlement in shares and foreign
stocks will commence to-morrow and terminate on
Friday.
The monthly return of the Bank of France will be
published next Friday.
The steamers Asia and Etna, from Now York, hare

brought 79,6001. in specie.
The 166,0001. in Australian gold by the Roxburgh
Castle was delivered yesterday but has yet to be dealt
with. The demand for gold for exportation has
somewhat slackened, owing partly, perhaps, to the
political crisis.
The Mexican dollars by the steamer Parana were
sold yesterday for China at ss. Oid. per once, showing
a rise of id., compared with the price realised for the
previous supply. This advance is not canard by any
increase in the demand for China, but is rather is
sympathy with the rise which has occurred in the
price of bar silver during the last two or three weeks.
Advice. from Paris announce that the General
Bank of Switzerland has stopped. payment. This
establishment, which was started in April, 1868, as
a kind of Inter-National Credit Mobilier Society,
has branches in Paris, London, and Geneva. The
Loudon branch met its engagements in due course
yesterday. Its nominal capital was 80,000,000 fr., or
2,400,0001. sterling, of which the first issue con-
sisted of 20,000,000 fr., or 800,0001. The shares year
201. each, fully paid, and commanded until last week
about 101.tolll.per share. The amount of share capital
afloat is not exactly known, owing to circumstances
requiring explanation. Respecting the prospects
of the shareholders an unfavourable impression pre-
vails, it being known that the " Bank" has been com-
mitted to various speculations, including Dutch and
Italian rsilwayr, Belgian Canals, Paris Gas-works,
kc. There is, however, one consoling feature—the
shareholders are exempt from any further liability.
Upon one point, the necessity of explanation ie
urgent: only a fortnight ago, the Bank declared a
dividend at the rate of four per cent. per annum.
The English gentlemen—men of mark—who are
identified with the " Council" of Administration owe
it to themselves, as well as to the public, to institute
an immediate and searching investigation.
A telegram from St. Petersburg announces that
the exchange on London has fallen to 35 7.16 d., it
being probably feared that the critical state of poli-
tica may induce the postponement of the Russia&
loan. The price of tallow had advanced to 185 ro.
for delivery in August.
The wheat market yesterday was firm, and in some
instances an advance of le. upon last Monday's rates
was obtained.
The Brighton Railway traffic return shows this
week a decrease of 7741.
The weekly traffic return of the Great Western
Railway of Canada, just received, shows a decrease
of 2,6221.
The Scottish Australian Investment Company, is
a circular, dated the 7th iost., announce an issue of 5
per cent. preference stock to the extent of 40,00 W.
The directors of the Northficet Docks Company
have received assurances of support to their project
from the maritime and mercantile interests of New-
castle, Shields, Sunderland, and other northern ports.
Several town-oouncil and commercial meetings have
been held in those localities, where an opinion pre-
vails that, by reason of the facilities which will be
afforded to colliers at the Northfieet Docks, and by
the railways to be connected with them, wellborn*
opal may enter districts from which it has hitherto
been excluded.
The arrival of a large fleet of vessels, principally
from Eastern ports, was announced yesterday.
Tho ships Runeymede, Dora, and Dinapore have
arrived from China with 2,666,900 lbe. of tea.

MONDAY EVADING.
Console, which closed on Saturday at 944 to 4, for
money and the 6th of May, opened this morning at
the i•acie quotation, felt to 94 to 4, rallied suddenly
to 041 to 4, and closed firm, at 96 to 4. The officisi
business report is as follows:—Three per Cent..
Consols, for money, 941, 4,1, 4, sa ditto. far
account (6th May;, 944, 1, 4,1, 93, 941, 96; Three
per Cent. Reduced, 931, 4,4, 4; New Three per
Cents., 931, 4,4, 4, 944, 931; Bank Stock, 226,
223, 2231; Indian Four per Cent. Debentures, 974,
971 ; Three-and-a-Half per Cent. Exchequer Bonds,
payable on the Bth proximo, 991.
The New Two-ands-Half per Cents. were also
officially marked 79.
Exchequer Bills were quoted 33e. to 38e. prem.
and India Bonds Bs. to 121. prem. The Indian Four
per Cent. Debentures were flat, at 971 to 1.
The foreign stock market was likewise agitated I.
the morning, but closed with comparative &moms.
The Old Turkish Six per Cents. were pressed for
sale as low as 861 ex div., but left off at 871 to 1 ex
div., or equal to 901 to 4 cum die., being 1 per mat
worse than on Saturday. The New Loan, after
being marked 761, left off at 781 to 771, being 1 per
cent. higher than on Saturday. Mexioad, Spanish.
Russian, Dutch, and some other descriptions hose
declined upon sale,.
The shares of the Great Ship Carapsoy 'was
quoted io the Stock Exchange list 1 to 1 dia. Thom
are 1/. shares, with 16s. paid.