The Express.
London, England, 1859-11-15 00:00:00

Ai/ fAVIC / 3f AKAN 2.--2.ti.b) J'A k

Two o'CLoci.

The funds opened this moaning with a dull ap-
pearance, but have since become somewhat firmer.
Consols, however, are still quoted about 1-16 per cent.
lower than they closed yesterday. Business continues
very languid and uninteresting. In the share mar-
kets the settlement of the fortnightly account
chiefly occupies lateral'''.

. . _.
The scrip of the New Indian Loan is flatter, at
1031 to I.

The Three Fr Cent. Renter exhibit the alight
advance of 6c. at Paris thin morning, the quotation
being, according to Mr. Renter's telegram, 69fr. 90c.
for the account.

Consols are officially marked 951 and 961 for
money and 961 for the account. The present quotations
are 98 to 1 for money, and 96 1.16 to 3-16 for
the 6th of December. Bank Stock has been dealt
in at 226 and 228; the Three per Cents. Reduced, at
941, 1,1, I ; the New Three per Cents., at 941, I,
L and 1; India Stock at 228 and 228; the
New Indian Loan (stock), at 1031 and 1; ditto
scrip, at 1031, 1, and ; the Four per Cent.
Debentures of 1859, at 961 end 1; and Exchequer
Bills, at 275. and 31s. prem.
The foreign stock market is quiet, the settle-
ment attracting attention. Turkish stacks, after
opening heavily, we now rather more in-
quired for, end present a recovery of 1 per
cent. compared with the closing quotations of yes-
terday. The loan of 1854 is quoted 76 to 77, and
that of 1858, 65 to 68. Mexican Bonds continue
heavy. Ramie' scrip is also flat, being marked 1 die.
Sales are recorded es follows :—Brezilian Four-and-
s.-Half per Cents., 1852, 961, 961 ; ditty Five per
Cents., 1839 and 1859, 102 ; Buenos Ayres Deferred
Bonds, 201; Dutch Two-and-a-Half per Cents., 661
exch., 128.) ; Mexican Three per Cents., 221, 221;
do. for acct., 221; Russian Four-sod-a-Ralf per Cents.,
991; ditto Three per Cents., 1859, 651, 661; ditto
(scrip), 1 die. ; Turkish f3,x per Cents., 1854,
751; ditto for account, 76, 761; ditto Six per
Cents, 1868, 64, 65; ditto for account, 651; ditto
Guerenteed 4 per Cents., 1031.

The shares of the Ocean Afatine Insurance Com-
pany are qnot-d 1$ to li prem.

The demand for money yesterday was to a fair ex-
tent at the Hank, and active in the open me rket, where
comparatively few bills were taken at 2/ per cent,
Discounters are rendered additionally cautious by
the obligation of the market to provide 1,330,0001. by
Monday next on the Debenture capital of the East
Indian Railway Company, the letters &Allotment of
which were issued yesterday afternoon. The amount
now subscribed for is nearly 1,400,0001., on account of
which 5 per cent., or 70,0001., hrs lx en paid. The
company notify that they ire still ready to receive
applications at par for the balance—say 200,0001. It
is difficult to understand why this large loan is
called up so rapidly, instead of Ling made payable
by irstalments. The company are probably under
the obligation of making an immediate payment into
the Indian Treasary, but u the Council of India ere
at this moment so well supplied with money that
they are offering loans on government securities at
2 per cent., it sem, strange that they should be
in inch haste to gather in money on which 5 per
cent. interest accrues from the day whereon it is
plaited to their credit.

Amongst the dealers in the Stock Exchonp the
rate for loans on government securities was lh to 2
cent.

There were no transactions in bullion at the Bank
yesterday. The 66,0001. by the Bremen consisted of
gold and Mexican dollars : the former was taken
for the Continent.

A bar of gold and a few sovereigns were recovered
on Saturday and Sunday from the wreck of the
Royal Charter. They were found embedded in sand
sad clay with portions of the wreck, and it is be-
lieved that more bullion will be discovered about
the same spot.
The shares of the Ocean Marine Issuranoe Com-
pany were again in great demand yesterday, and met
with numerous transactions. The price rose to to
2 prem., and closed at 1/ to 1 13-16 prem. The list was
closed in the afternoon. The applications are vastly
in excess of the company's capita:. Pending the
passage through parliament of the bill which govern-
ment have bound themselves to introduce for
enabling insurance companies to be registered with
limited liability, the present company will introduce
into every policy a special clause, restricting the
liability of the shareholder to the amount of his
share', in accordance with the practice now pursued
by the Indemnity and Marine offices. The company
have obtained independent " opinions " from three
counoel learned is the law that this clause will be
perfectly effectual.
Yesterday was " making-up day" in the railway
share market. Some of the operators for the rise have
closed their accounts instead of continuing them,
being apparently discouraged by the continued poli-
tical distrust. The rates of " continuation" remain
very moderate, indicating that the supply of stock
is still limited. The following shows the terms
current at the commencement of business, but in the

afternoon, in a few inatancea, they ruled slightly
higher :

London and North. Western e to i per ant. u oontango."
Great Western 1.16 to 3.16 per cent. do.
Midland to 1 percent do.
Lancashire and Yorkshire
Berwick to i per cent. do.
York and North Midland
Caledonian -16 to 6-16 per cent, do.
Bank Mutant 3-16 to 6-16 per cent. do.

Nardi British

The "contango" on Lombardo-Venetian Railway
Arm was at the rate of 4 to b per cent. per annum.
A further considerable fall took photo yesterday in
the shares of the Illinois Central Railway Company,
in consequence of rumours that another call will
have to be made before the company will be relieved
from its financial difficulties.

The weekly traffic return of the Great Western
Railway of Canada, just received, shows an increase
of 301., compared with the oorrespondisg week of last
year.
The Brighton Railway traffic return presents an
increase of 6391.

An extraordinmy meeting of the West of England
Steam Flour Mills Company (Limited) is called for
the 21st init., to pus a mutation for ► voluntary
winding-up.

In Mark-lane yesterday English wheat realised Is
to 2s. per quarter more than on Monday last.
•

A correspondent interested in the tallow market
sends us the following:
This market has undergone a great change in the last week.
While the Russian speculators have attempted to add
firmness to it for this year's delivery the price for January to
March bee suffered under a grist degree of depression, and at
• dedl•e of if, per ton there are no buyers to be found, chiefly
become 8,000 reeks are in coarse of shipment at Odessa for
the London market, added to which telegraphic amounts
from St. Petersburg state that arrivals were taking place by
rail with the bops of being early enough for shipment this
month. The delivery for consumption lest week has fallen
off more than 60 per cent., Woe only 1.674 casks ageluet
3,356 ia 1868, 2,421 in 1867, and 2,956 in 1856. Tbe stock
on band is a•w 46,816 seeks against 21,975 in 1868. 36.797 in
1867, and 13,010 ha 1866. Farther large arrivals are expected
wry shortly.

MONDAY EVENING.

Consols, which closed on Saturday at 961, sel-
lers," for the 6th December, opened this morning at
961, " buyers,* fell to 96 to /, and closed at 961,
"layers." For money the last price was 961,
" einem" The official business report is as fol-
lows:—Three per Cent. Consols, for money, 961,961,
96; ditto for account (6th Dec.), 961, 1, 96, 9611
Three per Cents. Reduced, 941, 4. 4; New
Three per Cents., 911. 1,4, ; Bank Stock,
226; India Stock, 228, 296; the New Indian Firs
per Cent. Loan (stock), 104, 1031, 1031, ION; ditto
scrip, 1031 ; the Indian Four per Cent. Debentures,
1868, 961; ditto, 1869, 96/, 961.