The Express.
London, England, 1856-12-17 00:00:00

MONEY MARKET-THIS DAY•

Two o'CLocx.

The funds show increased heaviness to day, chiefly
owing to the remittable decline at Paris. Prices
opened the name as they closed yesterday, and have
since fallen / per cent. Nearly all the other depart-
ments of the Stock Exchange have also given way.
Console opened at 93/ to ex div. for the
Bth of January, and have declined, upon a pressure
of speculative sales, to 93 7-16ths to 93/. The
Three per Cents. Reduced have been dealt
in at 931 to / ; the New Three per Cents. at 931 to
; Exchequer Bills at 4.. to 7a. prem.; Exchequer
Bonds at 084 ; and India Bonds at 2a. prem.
Turkish stocks are lower, with Consols. The Six
per Cents. opened at 95 to 4, and the Guaranteed
Four per Cents. at 1021 to I. The present quota-
tions for the 31st instant are 941 to 1, and 1021
to 1 respectively. Other foreign securities are dull.
The sake include Belgian Fogrand-a-Ralf per
Cents., at 96 (exch. 251 r.); Brazilian Old
Five per Cents. (small bonds) at 101; Chilies
Six per Cents., at 103; Danish Five per Cents., at
103; Dutch Four per Cent. Certifs., at 961 to 964;
Russian Fonr-and-a-Ralf per Cents. (small bonds),
at 971; Sardinian, at 891; and the Spanish Coupon
Certificates at 5/ per coat.
A downward movement in the Three per Cent.
Rents at Paris has been continuous during a
week past, and amounts in that period to about 11
per cont. This is a serious redaction, and somewhat
remarkable in face of the improvement in the position
of the Bank of France. Political reports are under-
stood to have exercised some influence: but it is
whispered that the accelerated fall of the
last two days is traceable to the opera-
tions of some influential financier,. The mem-
bers of the Syndicate of bankers, it appears, have
recently organised a new financial project, which it
Is proposed to constitute as a Societe Anonyms. with
a view to carrying on a large business in the shape of
advances on stocks and shares, &a. The scheme is
stated to meet with the opposition of the CrBdit
Mobilier party : and a rumour that the government
looks coldly upon the proposal la referred to as having
assisted to prejudice the Bourse. It is very possible,
however, that the influential applicants for the con-
cession in question may consider a fall on the Bourse
calculated to promote their immediate object.
The other continental stock markets maintain
steadiness, but at Berlin Russian stock has declined 1,
per cent.
Further parcels of gold to the extent of about
11,0001. were taken from the Bank yesterday for the
continent, in payment for silver. These limited
withdrawals excite little attention.
Of the 83,1001. in gold ex the Niagara, about half
was on French account. The sum that came to
London was about 40,0004 which was yesterday pur-
chased for the Continent.
It is at present computed that the shipments of
specie and bullion by the Indus on the 20th inst. will
amount to about 350,0001., nearly all in silver.
The steamer Atrato, which is to leave Southampton
to-day for the West Indies, &0., takes out only
3,9001. in specie, of which 2,4001. is gold, and the
rest silver.

The foreign exchanges yesterday afternoon were
steady, and in a few oases the tendency was considered
rather more favourable. The rates, however, exhibit
very little alteration, being quoted as under :
Amsterdam, 3 mouths, 11.1 T to 4 ; ditto sheet, 11-134
to 141; Rotterdam, 3 months, 11.17 to ti Antwerp
sad Brussels, 3 months, 26.86 to 7 ; Membssiti 3
months, 18.64 to 7; Paris, 3 mouths, 26 624 to 74 ; ditto
short, 25.224 to 74; Marseilles, 3 meths, 36.66 to 70;
irtkurbou-the-Maiss, 3 mouths, 119 to 4 ; Peters-
burg, mouths, 374 ; Vaasa, 3 maths, 10.87 to
9; Trieste, 3 months, 10.39 to 41; Nagiss 3 months, 424
to 4; Genoa, 3 moutlw, 26.76 to 80; Leghorn, 3 months,
29.66 to 70; Palermo, 3 months, 1294 se 130; Messina,
3 mosths,l294 to 1304 ; Oporto. 3 mostns, 614 to 4; Lisbon.
3 mouths, 61 to 4.
The prospectus of the Tilbury, Maldon, and Col-
chester Railway Company is issued. This line is to
commence between the Pities station of the London,
Tilbury, gad Southend Railway, and pass through or
near Wic7ford, Battlebridge, Maldon, Berechurch,
and other places, terminating at Colchester, where it
is intended to join the Eastern Union Railway.
Amongst the objects of the promoters are—' to
facilitate the transmission of traffic between the
Eastern Union and Eut Suffolk system of railways
and the county of Kent, by means of the steam-
ferry between Tilbury and Gravesend; and also to
afford a convenient communication from those rail-
ways, and from South Essex, to the Fenchuroh-street
station." It is stated that the project has the approval
and support of the landowners and corporations
of Colchester and Maldon. Messrs. Peto, Bras-
sily, and Bette, the lessees of the Tilbury
and Southend line, have undertaken to construct
the proposed railway, and to enter into a working
agreement, which is stated to secure to the share-
holders 6 per cent. per annum, and half of the profits
beyond. It is also proposed to take powers for
absolutely leasing the line to Sir B. M. Peto, upon
these terms, for 21 years. The capital is fixed at
700,0001., in 101. shares, with a deposit of 1/. per
share. In the event of the act not being obtained,
the deduction for expenses is not to exceed 2s. 6d.
per share.
The sixth call of 21., making 164 paid, is to be
paid on the shares of the Portsmouth Railway Com-
pany by the 7th January.
Messrs. Antony Gibbs and Sons advertise the half-
yearly dividende on the Peruvian Four-and-a-Half
per Cent. Bonds, appertaining to the Arica and Tacna
way.
The half-yearly dividend is advertised on the 8 per
ant. First Mortgage Bonds of the New Orleans,
Jackson, and Great Northern Railroad.
The half-yearly guaranteed interest on the shares
of the Zealand Railway Company is advertised for
payment in due course by Messrs. C. J. Hasbro and
Son.

TUESDAY EVENING.
The Stock Exchange markets were doll to-day, and
rather flatter in character. The redaction in the
funds, however, was limited to I per cent, and in the
other departments of the bowie the decline was not
important. Considering the daily fall in the French
funds, our markets show great firmness. This is
mainly attributable to the belief that, notwithstand-
ing the exceptional demand for money incidental to
the elm of the year, a reduction of the rates of
discount will shortly take place. The demand WSJ
to-day very active in commercial channels.
Comas scarcely varied throughout the day from
their closing quotation of 93i to 1 ex div. for the
Bth of lan. The official business report is as
follows : Three per Cent. Consols, foe amount,
Bth Jan., 93t, 93„ ex div.; Three per Cent. Reduced.
93/, 3; New Three per Wits.. 983, Thirty
Years Annuities, expiring in April, 1883, 18 1-16.
Bank stock, 218.

Exchequer Bills were quoted 41. to 88. prem.;
and Exchequer Bonds, 981 to t.
Turkish stocks show much firmness. The closing
quotations for the 31st inst. were N to tnr the Six
per Cents.. and 102} to for the Guaranteed
Four per Cents. Spanish Bonds met with rathey
more inquiry. Other toreign securities were quiet.

MINES.-THIS DAY.

Two o'CLocz.

The market for Bri; ish mining shares continues
well supported. There is a fair general inquiry,
and, as regards dividend stocks, buyers de-
cidedly preponderate. In this branch of the
market, business is only limited by the
unwillingness of holders to sell at present prima. la
the Stock Exchange today Sortridge Consols shares
are marked 2.
In foreign and colonial mining securities no busi-
ness is reported.
Subjoined is a list of yesterday's transactions in the
Mining Exchange:
Altrrd contras, 171. 1; Great Alfred, 131, I ; North
Croat, 4, 1 • Porkeilie, 101. ; flearklys Consols, 2,11 ;
Traversals, 31 1 ; Wheal lidward, 21; Wheal Grenville,
225. Bd., 26'. ; 'Wheal Kitty (Lassa. 111 ; Wheal Lid-
sole, 275, 285.; Wheal Mary Anna, 444, VI.
In the Stock Exchange:
Alfred Console. 171. Bortridlos Crowds, 2, 11, 2; North
Basset, 361. 1, Great Wheal Alhlra.l2l. 18s. 80. (for sash).
134 (for seenuut) : Wheal Tritest., 8 ; Wheel Edward,
21, 4 ; North Crotty, 4.