The Express.
London, England, 1860-09-07 00:00:00

5 I
5 7

MONEY MARKET.—IEIb DAY.

Two o'CLouz.

Although the weather is very fine, the funds to-
day are dull, and yesterday's quotations aro barely
supported. The progress of events in Naples is
watched with some anxiety. Very little business
is going forward in any class of public securities.
British railway stocks, in two or three instances,
are rather lower.

The usual telegrams from the Paris Bourse have
not yet come to hand.

Consols are officially marked 934, 1, And j for
money, and 93i and 4 for the account. The present
quotations are 931 to for cash, and 934 to
for the 11th of October. The official business
report is as follows :—Bank Stock, 2321,
231 ; Three per Ceuta. Reduced, 934, 4, 4 ;
New Three per Cents., 934, I, 4 ; Five-and-a-Half
per Cent. " enlaced " rupee paper, 1024 ; India
Bonds, 4e. dia. ; Exchequer Bills, 4e. prem.
The foreign stock market is decidedly quiet.
Buenos Ayres Active Bonds are rather more
offered, and are marked 95. The demand
for Venezuela Three per Cents. continues,
and a fresh improvement has taken place, pur-
chases having been effected as high as 244.
The Turkish Loan of 1854 is quiet,
at 734 to 74; and that of 1858 at 1574 to 3 ex div.
Sales are recorded as follows :—Buenos Ayres Six
per Cents., for account, 96 ; ditto Deferred, 31;
New Granada Active, 154 ; ditto Deferred, 5/ ; the
Spanish Committee's Certificates, si; Turkish
Guaranteed Four per Cents., for account, 1001 ;
Venezuela Three per Cents., for account, 244, 4, 24.
The Persia has arrived from New York, with
81,000 i. in specie.
The demand for money in commercial channels
was brisker yesterday, but the best bills were readily
Idiscounted at n per cent., and the amount of
ibusineea at the Birk was very moderate.

At Vienna on Wedneaday'a fresh fall of I per
cent. took place in the Metallic&
...

Nobullion operations occurred at the Bank yester-
day. The Edinburgh has arrived from New York
with 182,0001. The Maidstone, from Melbourne,
with 196,003/., is now due, and the Blue Jacket,
with 125,0001. nearly so.
Messrs. Ridley and Co.'s wine circular, issped
last evening, announces the suspension of a Ner-
mundaey firm in the distillery business, with liabi-
lities, chiefly amongst Scotch and Bristol distillers,
to the extent of about 40,0031. We bear it said,
however, that arrangements are being made to
enable the firm to go on.
We have reason to believe that a suggestion for
the subdivision of the Buenos Ayres Active Six per
Coot. Bonds from their present inconvenient
amounts o: 1,0001. and 5001., into bonds of 1001. ,
200!., and 3001. has recently been laid before the
government of that state, and favourably enter-
tained. Probably nothing is required but that a
number 132 the principal bondholders should address
a petition to this effect to the government, and
beg Messrs. Baring Brothers and Co., its financial
agents, to present it. A change of this kind would go
far to popularise those bonds, the present large
mount of which prevents any persons but those
of wealth from holding them. The bondholders
have received with great satisfaction the announce-
ment that Senor Riestra, the enlightened Minister
of Finanoe, has resumed the guidance of that de-
partment in the general government. This gen-
tleman is moderate in his polities, and an able
financier, and appears to have won the good
opinion of all parties. It was under his auspices
that the settlement of the English debt took place
in 1837. Re is well acquainted with the English
people, having bees brought up here, and having
been in a commercial house in Liverpool. The
last accounts from Buenos Ayres mention that the
realisation of public lands was becoming more ac•
tive, so that, provided pasta be maintained, there
is no doubt that greatly enlarged means will soon
be placed at the disposal of the government for the
redemption of the Three or Six per Cent. Debt.
I The directors of the East India Company have
Witted a formal notice to the proprietors that,
in accordance with the act just passed, they
have ma le arrangements with the Bank of Eng-
land whereby transfers of the old (101 per cent.)
East India stock will henceforth be made, and the
dividends thereon paid at that establishment,
which has already taken charge of the business of
a similar character connected with the other classes
of Italian government securities.
The half-yearly meeting of the Pernambuco Rail-
way Company is called for the Bth of October, but
is to be held only pro formd, with a view to ad-
journment to the 22nd of October, on which day it
is also intended to hold a special meeting, to con-
sider the proposed application to parliament for
power to divide the share capital, as suggested at
the last half-yearly meeting.

The folloa:int eatisfact:ory particulars are from
the Ban Paulo ( rarilian) Railway Company :

The accounts from Santee are to the 4th of August, and
the superintendent reports satisfactory progress in all re-
Five hundred men were at work, and a large midi-
number were desirous of employment. The tribe
aid Mina bad arrived with plant, and discharged
their megoes in good order. In a letter to his partners the
coatrsetcw states, The directors would be delighted to see
the existing Marc. Never did I see a hue with inch pro-
strate." Mr. Brunlees, the engineer, had arrived out. He
had visited Bahia on his route, and having taken the oppor-
amity to examine eleven miles of the first section of the
railway in that province, in company with Mr. Vignoller,
be pronounces it to have been constructed in the most sub-
stantial and creditable manner.

An extraordinary meeting of Price's Patent
Candle Company is called for the 27th inst., to de-
clare a dividend. We hear of transactions in the
shares at 13. These are 201. shares, filly paid.
The annual meeting of shareholders in the Gene-
ral Bank of Switzerland has been adjourned until.
the 24th inst., at Geneva.
The railway traffic returns this week are very
good. The Eastern Counties return, received yester-
day, shows an increase of 8951. ; the Midland an
increase or 5,1321. ; the Lancashire and Yorkshire
an increase of 5,8321. ; the Manchester, Sheffield,
and Lincolnshire an increase of 1,7561. ; and the
North Eastern an increase of 13,200/. The increase
of 5,9291. in the return of the London and North
Western Company has warmly equalled expecta-
tion, considering that it iucludee the traffic of the
great volunteer review at Knowsley.
The traffic return of the Great Western Railway
of Canada, for the week ending August 17, shows
an increase of 1281. sterling over last year.
• The receipts of the Grand Trunk Railway of
Canada, for the week ending August 18, were
10,7881. sterling, being 2,1451. more than in the
corresponding week of last year.
The traffic of the Royal Swedish Railway for the
two weeks ending August 8 was 5521., being 1271.
more than for the same period of last year.
The traffic on the 887 miles of the South Austrian
line of the Lombardo-Venetian Railway Company
for the week ending August 25 was 33,8181., being
13,861/. less than in the correspowliug week of 1859
on the same number of tailed ; and that on the
Lombardo-Venetian line 4,4821., showing a de-
crease of 3721.
A half-yearly dividend will be payable on the
shares in the United General Gam Company on the
let October.

With reference to the market for American se-
curities, Messrs. D. Ball, Bon, and Co., report as
follows :

There has been during the past reek • decided increase in
the bummer in American Securities. In State Stocks,
United States Five end Six per Cent. and. Pennsylvania
Five per Coat. Bonds have been most request. la Rail-
road Scads and Shares there has also been an active busi-
ness at generally unproved price..

THURSDAY Evans°.

In the Stock Exchange the supply of money
continues extremely large. Thu mkt for loans on
English government securities to-day was only II
to 2 per rout.
Console, which closed yesterday at 93 7-16 to
for the 11th Oct.' opened this morning at 934 to
anal closed at 93 7-16 to 4. For money the last
price was 934 to 4. The official business report is
as follows :—Thros per Cent. Consols, for money,

03, IL ; ditto for account (Oct. 11), 9.3}, i ;
Three per Cents. Reduced, 94, I, ; New Three
pet Cents., 93i, ; Thirty Years Annuities, expir-
ing in April, 183.5, 18i ; India Stalk, 218, 218 ;
ditto Five per Cent. Stook, 1859, 1031 ; ditto Fui
per Cent. DeLici.tures, 1859, 961 ; ditto Bonds, Bs.,
ss, die.
Indian government securities were steady. The
rupee paper, which is convenient for the employ-
ment of money for short periods, since a buyer pays
the interest accrued up to the day of sale, is well sup-
ported. The Indian Five per Cent. stock of 1859
was, quoted 103 i tc and India Bonds, Ba. to
58.

Netvrithaairling the abundance of money in the
Stock Exchange, Exchequer Bills do not improve.
The quotation to-day was only par to 4s. prem.
In the foreign stock market the principal feature
is the (*ritual ...a rise in Buenos Ayres Active
Bonds, which v.,re to-day dealt in at 96 to 98, and
could not be pun:h....Jed to any important amount
at the close at the Litter figure. Mexican Bolide
remain flat, at 211. to Turkish were dull • the
Loan of 1864 left off at 731 to f, and that of 1868
at 57} to ex div. Venezuela Three per Ceuta.
continue in dolmas].

In the market for bank shares today the only
variation worthy of notice was a alight decline in
Ottoman. MA/illias Irrgatiou and National Dis-
count were heavy. London Dock kook was
marked 64.

The cloning quotations foraliares in new ander-
takings were as follow :—Ocean Marine Insuranm,
2k to n prem. ; Thames and Mersa! Marine, 1
prem. ; -Universal Marine Insurance, 4 to II prem. ;
London and Provincial Marine, i to g dia. ; Uelli-
vara Company (Sweden), 1-16 to 3-16 prem.; Base
India Irrigation, par to A prem. ; City of London
Brewery Preference, 2 to 2g prem. ; Royal Cre-
morne Ganlens, to prem. ; Great Northern and
Midland Coal, to i"; pram.
The new alt,trus of the Midland Railway Com-
pany were quoted today 1 3-16 to 1 6-16 preat.

MINES.-THIS DAY.

Two o'Cioos.

The mining market to-day is decidedly firmer,
telegrams from Cornwall announcing au ad-
vance of 51. in the standard for copper,
which is equal to 7a per ton on the ore.
Stray Park shares have risen to 58 to 59. Writ
Setun are quoted 280 to 285 ; Wheal Clifford, 205
to 210 ; East Basset, 115 to 1171 ; and Rosewarne
United, 43 to 44.
Foreign and colonial mining securities remain
without any alteration, the transactions being very
few.

At South Trances Mine meeting, on September
the accounts for June and July showed a profit cut
3144 10s. bd. on the two months' workings. No
dividend was declared, as the committee find it
necessary to retain a balanoe as large as that
brought forward at the last account, which amounts
to 2,3691. 19a. Gd. ; but from the improved prospects
in the western ground they confidently look for-
ward to the early resumption of dividends.