The Express.
London, England, 1858-10-19 00:00:00

The funds to-day are fiat, and prices are
now quoted at a fresh reduction of I per
cent. The government broker hu made his
usual daily purchase of about 10,0001. stook. In
the other departments of the Stock Exchange Mol-
ine* is singularly inactive, and in some cases prices
exhibit a drooping tendency.
Comas, after standing at 981 to 1 for the Wth
November, are now quoted 981 to t. For
money the present quotation is 984 to 1.
Bank Stock has been dealt in at 2214 to 222; the
Three per Cent. Reduced at 974 to j ; the New
Three per Cents., at 971 tot ; India Stock, at 221 ;
the Debentures of the first Indian loan, at 991;
the scrip of the second issue, at 994
to I ; India Bonds, at 14s. prem. ; Exchequer Bills,
March, at 375. to 40s. prem. ; ditto, June, at 295. to
32a. prem.

The foreign stock market is inactive. The New
Turkish Loan exhibi:s a partial reaction. The scrip
of the first series, after being marked 11 prem., has
receded to Ito 11 prem. The scrip of the second
aeries wu first marked 31 prem., and is now quoted
24 to 21 prem. The scrip of the Brazilian loan of this
year is marked 11 to 11 prem. For Russian
and Sardinian Bonds, as well as the Turkish
Guaranteed Four per Cents., a steady demand pre-
vails. Sales are reoorded as follows :—Brazilian Old
Five per Cents., 1021 ; ditto Fur-and-a-Half per
Cents., 1868, 971, 971; Portuguese Three per
Cents., 1853, 461 ; Russian Four-and-a-Half
per Cents., 1011; Sardinian Five per Cents., 94,
941; Spanish Three per Cents., 461; ditto, New
Deferred Three per Cents., 301; ditto Passive Bonds,
111; the Committee's Certificates for the Unfunded
Coupons, 61, 61; Turkish Six per Cents., 1854,
for account, 941; ditto Six per Cents., 1858 (scrip of
the first series), for account, 11, 11, 11 prem.; ditto
(second series), 31, 21 prem.; ditto Guaranteed Four
per Cents., for account, 1051.

- In the discount market yesterday the rate for choice
bills was about 21 per cent. At the Bank there was
scarcely any business. In the Stock Exchange the
supply of money was very large, and loans were
obtainable on government securities at 14 per cent.
An instilment of 25 per cent. fell due yesterday
upon the 2nd Indian Loan. The only remaining in-
stalment is one of 25 per cent., due the 15th Nov.

The Cambria has arrived from Alexandria, with
the 166,6001. in Australian gold which reached Suez
by the last steamer. The Niagara, from the United
States, has also brought 22,0001. in specie. These
remittances, as well as the gold and silver by the
West India steamer, • will be delivered to-day ;
and it is believed that a portion will be taken for the
continent.

The Agincourt, from Melbourne, with 283,1001. in
gold, hu now been 86 days at sea, and the Lincoln-
shire, with 422,8001., 65 days.
The steamer, Ceylon, will take out tomorrow
89,7941. in silver for the East, of which 61,0761.
is for Calcutta, 28,4991. for Hong Kong, and 10,2201.
for Slumghae : 225 sovereigns are also engaged for
Madras.

A telegram from St. Petersburg reports the tallow
market firm, at 162 ro., on the spot. The quantity
of tallow shipped (doilies the commencement of the
mason is stated at 86,000 cub.

The corn market yesterday was dull, bet the pre-
vious Monday's rates were fully supported.
Higher prices have been established during the
last two days in the tea market.
The reduction of 24. per gallon took place yester-
day in the price of British spirits.
The Fiery Cross has arrived from China with
859,200 lbs. of tea.

A fall of 11 to 2 per cent. took place yesterday in
the stock of the London and South Western Railway
Company, consequent upon the publication of a re-
port from the directors. It appears that the Ports-
mouth Railway being now in a state ready for
opening, a provisional agreement is about to be sub-
mitted tor the lease and working of the undertaking
by the London and South Western, at a rent of
18,0001. a year, for 999 years. It is foreseen that
the adoption of this proposal by the London and
South Western Company, at the special meeting
called for the 27th inst., will at ones bring them
into direct collision with the London and Brighton
Company, who will scarcely fail to resent the pro-
ceeding as a breach of faith on the part of the Lon-
don and South Western.

The Brazilian railway traffic return shows an
increase of 831.

The weekly return of the Great Western
Railway of Canada shows • decrease of 1,4871.
sterling.
The half-yearly meeting of the Demerara Railway
Company is called for the 29th inst., at Liverpool.
Tenders are invited, on behalf of the Norwegian
government, for the supply of 9,000 tons of rails.

MONDAY MVINIXO.

The stock markets to-day were heavy. Owing to
the decline on the Paris Bourse, the rise in the value
of money in Germany, the consequent temporary
action upon the exchanges, and the delay in the
reduction of the rate of disoount of the Bank of
England, a little check has been given to the specu-
lators. Although confidence in the continued ease
of the money market remains unabated, a number of
the recent operators for the rise have to-day turned
sellers. The funds have consequently declined /
to 3-16 per cent., little effect being apparently pro-
diced by the small daily investments of the govern-
ment broker. In the other departments of the
Stock Exchange depression likewise prevailed.
French railway shares were especially heavy ; whilst
the English lines are prejudiced by the evidence
afforded that, although the immediate supply of
stock is limited, the purchases on speculation have
for the present outstripped boa fide investments.
Consols, which closed on Saturdayat 981, "buyers,"
for the 10th Nov., opened this morning about 98f,
receded to 98 6-16, and closed at 98f, " buyers."
For money the last price was 981 to I. After the
close of the Stock Exchange the market was rather
flatter, at 981, exactly, for November. The °facial '
business report is as follows :—Three per Cent.
Console, for money, 98f, 1, ; ditto, for account
(10th Nov.), 981, /, 1 ; Three per Cent. Reduced,
en, /,1 ; New Three per Cents., 971, f ; Thirty
Years Annuities, expiring in Oct., 1869, 16-16 ;
ditto, April, 1885, 18 3-16 ; Bank Stock, 2201,2311 ;
Indian Four per Cent. Debentures of the first issue,
99/, 1, f ; ditto of the second issue, 991; ditto scrip,
991.

The debentures of the first Indian Loan were
quoted this afternoon 99} to t for money, and the
scrip of the second issue, 991 to t for the 12th
November, which has been fixed for the next settle-
ment in this security.

The March Exchequer Bills were steady, at 375.
to 40s. prem., and the June at 281. to 321. prem.
India Bonds were dealt in at Ils. to Ha. prem.
In the foreign stock market the movement is still
principally confined to the New Turkish Loan, in
which purchases continue to be freely effected.
The scrip of the first series was first marked
1 prem.. advanced to Ij to 11 prem., and closed at
11 to le prem. Tho scrip of the second series
reached 31 prem , and closed at 3 to I prem. The latter
was to-day placed upon the Stock Exchange official
list. Some of the operators in this scrip have evi-
dently oversold themselves. The Six per Cents. of
1854 were dull,bnt closed the same as on Saturday,
at 94k to j. The Turkish Guaranteed Four per Cents.,
together with Bastian and Sardinian Bonds, were
inquired for. Mexican Bonds were last quoted 201
to 1.
Bank shares to-day were firm, with the excep-
tion of Canso of the Lnion Bank f Australia, which
were rather more offered. The shares of the Lon-
don and County Bank, Bank of British North Ame-
rica, and Chartered Bank of India, Australia, and
China, were in demand, and better. Ottoman Bank
remain steady at par. The old shares of the Penic-
mils: and Oriental Steam Company have experienced