The Express.
London, England, 1859-01-11 00:00:00

MONEY MARKET-THIS DA Y

Two o'CLocru.
Thos hands remain very dull M the fail which took
place late yesterday afternoon. Prices are
quoted, indeed, per cent, lower than
at 4 o'clock yesterday ; but less disposition

to press sale; is evinced. The government
broker has taken a panel of 29,000 i.
_ _ _

stock. English, French, and Lombardo-Venetian
railway shares have all fallen heavily. In the share
markets the fortnightly settlement will commence

to-morrow.
Console are quested 95$ to I for money, and 953 to
for the Bth of February. This is settling day in
this department. The Three per Cents. Reduced
have been dealt in at 93/ to 96 ; the New Three
per Cents., at 95$ to 96 ; the Indian Four per Cent.
Debentures of the first issue, at 99$ to 991; India
Bonds, at 17s. prem. ; Exchequer Bills, both
March end Jane, at 40s. to 435. prem., being in
good demand ; and Exchequer Bonds, falling
payable in May next, at 100$.
The foreign stock market is likewise heavy in cha-
racter, and where sales are pressed, lower prima are
accepted. The New Turkish Loan is dull at 4to 3$
dis. ; the Six per Cents. of 1854 have declined to
901 to $. Spanish and Mexican Bonds,
amongst others, present a decline. The Pe-
ruvian Four-and-a-Half per Cent. Hegan Bonds
are officially marked 99$ and 995. Sales are
recorded WI follows:—Brazilian Old Five

per Cents., 102; Cuba Seven per Cents.,
(Matting& and Sabananilla Bonds), 101 ; Dutch
Four per Cent. Certificates, 1011 ; Mexican Three
per Cents., for account, 191 ; Peruvian Hegan Font-
ana-a-Half per Cents., 991, 991 ; Portuguese
Three per Cents., 1853, for account, 461
ex div. ; Russian Four-and-e-Half per Cents.,
991, 1001, ex div. ; Spanish Three per Cents., for
account, 451, ex div. ; ditto New Deferred Three
per Cents., for account, 30, ex div. ; ditto Passive
Bonds, 10; the Committees' Certificates for
the Unfunded Coupons, 6, 61; Turkish Six per
Cents., 1854, for amount,9o,l, 901; ditto SixperCents.
18.58 (scrip of the first series), for account, 31, 4 die. ;
ditto, second series, for account, 4, 31 dia. ; ditte,
Guaranteed Four per Cents., for account, 1051.
The point of view from which the speech of the
King of Sardinia is principally regarded with ap-
prehension is, the encouragement which it publicly
holds out to the hopes of the insurrectionary party
throughout Italy. So long es demonstrations of this
kind are persevered in, it is felt that tranquillity is
out of the question. Their effect is the greater be-
cause the world are prone to suspect that France
connives at them. It is argued that, unless secretly
assured of the support of the Imperial government
Sardinia, who is avowedly unable to cope with the
legions of Austria, would hardly venture upon her
present audacious policy. The agitation of the
stock markets, which is nowhere so violent as in
Paris, gives sn idea of the financial crisis which
would ensue on the Continent were the prospect of war
between France and Austria to become really im-
minent. There is, however, one passage in the
speech of the Sardinian King which has a pa-
cific tendency; it is that in which his Majesty
laments the absence of that indispensable condition
of military enterprise—a balance in the Exchequer.
Since Sardinia commenced her latest demonstration,
her securities have fallen 4 or 5 per cent.
With the payment of the dividends the demand
for money at the Bonk was yesterday very moderate ;
and, although some considerable advances made
during the shutting of the transfer-books fell repay-
able at that establishment, the rates in the open
market were in mime instances a fraction below the
Bank minimum.
The final instalment of 450,0001. which fell due
yesterday on the first series of 3,000,0001. of the
Turkish Loan had been duly provided for. Payment
of the instalment of 15 per cent. which falls due to-
morrow on the second series will probably be post-
poned by the scripholders.
The exchange at Shanghai comes reported about
If per cent, less favourable for this country. At
Hong Kong and Calcuth little alteration stems to
have occurred. Large remittances of silver will
probably continue to be made to all three ports.
The Arabia, from Boston, has brought 15,3001. in
specie; and the Athenian, from the West Coast of
Africa, 10,5001.
The Peninsular and Oriental Company's steamer
Orissa will take out on Wednesday only 81,2301. in
silver for Bombay.
A further dividend of 2e. in the pound (making
9s. 6d. announced up to the present time) has been
declared on the estate of Messrs. Sanderson, Sande-
man, and Co., bill discounters, who failed in the
crisis of 1857.
A telegram received yesterday from St Petersburg
quotes the exchange on London 361 to Id. The
tallow market was firm at 168 ro. tor delivery in
May and June, and 166 ro. for August.
The corn market yesterday was steady, at the
previous Monday's prices.
Numerous and respectable signatures were at-
tached yesterday in the StockExchaoge to a memorial
to the committee, requesting them to put themselves
in communication with the proper parties, with a
view to expedite the settlement in the New shares
of the Lombardo-Venetian Railway Company. The
transactions in these securities having been upon an
extraordinary large scale, extending over several
months, and involving extensive fluctuations in
price, the dealers in them are naturally anxious to
have the requisite forms completed with as little
delay as possible.
An application for the quotation of the new Vic-
toria Government Bonds in the Stock Exchange list
will come before the committee of that establishment
on Monday next, and will involve a consideration of
the questions in dispute between the government
of Victoria and the Geelong and Melbourne Railway
Company.
The Calcutta and South Eastern Railway Com-
pany have completed their deposit of 251. per cent.
upon their capital, entitling them to the guarantee
of Si. per cent. lately granted by the Secretary of
State for India in council.
We understand that arrangements are in progress
for giving the Great Northern Railway Company a
goods depot at the Brunswick-wharf, Blackwell, and
also for connecting the Blackwell line with the East
India Docks, so that goods from the London and
North Western and Great Northern Railways may
be taken in the railway trucks alongside the ship-
ping.
The Brighton Railway traffic return exhibits •
decrease of 7871.
The traffic return of the Great Western Railway
of Canada, just received, shows a decrease of 8721.
sterling.
The half-yearly meeting of shareholders in the
Western Bank of London is called for the 27th inst.
A meeting of the National Discount Company is
called for the 2nd Feb.
The half-yearly meeting of the New Brunswick
and Canada Railway and Laud Company is con-
vened for the 27th inst.
A meeting of the shareholders in the Mediterra-
nean Electric Telegraph Company is called for the
12th inst. at Paris.
A call of 101. is to be paid on the shares in the
Danube and Black Sea Railway and Kustendjie
Harbour Company by the Ist Feb.; and a fourth
call of 11. on the new shares in the Berlin Water-
works Company bv the 26th inst.
The Alliance Marine Assurance Company an-
nounce a half yearly dividend of 15s. per share, and
a bonus of 20s. per share.
The fourth annual drawing for the reimbursement
of 502 of the obligations of the Great Luxembourg
Company is to take place at Brussels on the 24th inst.
The Challenger has arrived from China with
440,4001b5. of tea and 3,139 bales of silk.

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