The Express.
London, England, 1861-05-13 00:00:00

MONEY MARKET.--(THIS .041.)

Two o'CLoci.

Owing chiefly to the somewhat more reassuring
character of the news from America, an advance
of 1-16 to per cent. has taken place to-day in the
funds. In English railway stocks the average im-
provement is #to per cent. Business in the
Stock Exchange generally is limited.
At Paris this morning, according to Mr.
Reuter's telegram, the Three per Cent. Renter
opened at 69fr. 50c., being bc. better than on
Saturday.
- - - - -

Consols are officially marked 911 and 91/ for
money, and 92 for the account. The present quota-
tions are 911 for cash, and 92, "'tellers," for the 6th
of June. The official business report is as follows :
Three per Cents. Reduced, 892, ; New Three
per Cents., 89/, ; India Five per Cent.
Stock, 101/ ; ditto, for account, 1011 ; ditto Four
per Cent. Debentures, 1868, 961; ditto Bonds, 205.,
16s. dis. ; Exchequer Bills, 46., 3s. die.
In the foreign stock market the principal inqui-
ries have been for Mexican Bonds, which have im-
proved, being last marked 23. The Turkish Loan
of 1854 is quoted 701 to 71, and that of 1868, 561
to 56. In other descriptions there is no movement
of importance. Sales are recorded as follows :—Bra-
zilian Four-and-a-Half per Cents.. 1858,872 ; Mexi-
can Throe per Cents., for account, 221, 23 ; New
Granada Active, 16 ; Portuguese Three per Cents.,
1863, 471 ; Ruasian Three per Cents., 1869, 601 ;
Sardinian Five per Cents. ,811; Spanish New Deferred
Threeper Cents., 42f ; ditto Passive, 161 ; Turkish
Six per Cents., 1854, for account, 701 ; ditto Six
per Cents., 1858, for account, 551, 1.
The Kent has arrived from Melbourne, with
104,0001. in specie ; and the steamer La Plata, from
the West Indies, with 85,0001.
The exact amount of specie shipped for New
York by the Persia on Saturday was 236,0001.
The monthly return of the Bank of France, as
made up to Thursday last, the 9th of May,
shows the following results (the exchange taken at
25f. to the pound) :

Coin and bullion
Bills discounted lncrease 1,780,000
Notes in circulation lncrease 880,000
Private Increase 70,000

Advances on public sectuitiss Increase

400 000

The increase in the coin and bullion is a favour-
able feature. The large increase in the bills
discounted suggests the idea of some revival of trade
in Franco, but this is hardly confirmed by the
tenor of the private accounts.
The letters by the Australian mail were deli-
vered this morning, being the very day on
which the mail is due by the terms of the contract,
although the distance is 12,000 miles, and there are
repeated transhipments. This is another instance
of the regularity with which the service is performed
under the present arrangements of the Peninsular
and Oriental Company. The Australian steamer
arrived at Point de Ogle three days before her
time. _

At Lloyd's, 15s. premium has been paid on out-
ward bound American ships to India and Australia.
Messrs. Lascaridi and Co. have placed their
affairs in the hands of Messrs. Coleman, Turquand,
Youngs, and Co., for the purpose of submitting a
statement to their creditors.

United States Five per Cents., the price of which
in ordinary times is about 93, are quoted 70 to 72.
The bonds to bearer of the United States Six per
Cont. Loan, due in 1868, are quoted 80 to 83.
Latterly the pries in ordinary times has been about
par. Three or four years ago, when the Federal
treasury was very full, the government employed a
portion of its surplus balances in redeeming bonds
of this loan. The price in the market then 'being
about 106, the government named either 115 or
116 as the rate which it was willing to pay instead
of waiting for the maturity of the bonds in 1868.
At thisprioe, which contrasts "remarkably with the
presentquotation, a considerable amount was sent
in and redeemed.

In order to consider the propriety of selling the
Great Eastern, and the price at which she may be
sold, the directors of the Great Ship Company have
determined to call a special general meeting of the
shareholders for the 31st inst. The articles of asso-
ciation require at least fourteen days' notice to be
given, but to avoid such a loss of time a prelimi-
nary meeting will be held on Friday next, the 17th
instant, at the London Tavern, at 1 o'clock, when
the wishes of the proprietors tan be expressed, and
the more formal resolutions deferred till the 31st
instant.

The following letter, which has been addressed to
the secretary of the Mediterranean Extension Tele-
graph Company by. a respectable Liverpool firm,
proves the great improvement which has taken
place in the telegraphic correspondence between
this country and Malta since the new government
has boon installed at Naples :
H. C. Orton, Esq. (CM./ Liverpool, May 9, 1861.
Dear Sir,—You will be glad to hear that our last telegram
via Malta was very successful. Wo give you the &tea on
which we received advice' from Bombay up to the 12th
April, 1861, via. :—Yer telegram via Malta, oo 2nd, at
9.55 a.m. ; per telegram vin Marseilles, on 4th, at 4.0 p.m.
per telegram via Marseille, on 6th, at 1.30 p.m. You will
see that the Malta telegram beat the Marseilles so less than
54 hours. We hope, both fur your sake and ours, that you
will continue to do this.—We remain, L.c.
lento Bfurrnaas.

The London District Telegraph Company have
just commenced au arrangement for supplying the
current debates to members of parliament and other
subscribers at their private residences during the
evening sittings of the house. A brief summary of
the passing debates is telegraphed each half-hour
from the House of Commons to any of the com-
pany's stations from which the reports are circu-
lated, when the necessary number of espies are
made and thence delivered at the subscribers' resi-
dences. The men belonging to the curie of win-
missionaires deliver the reports, as, in consequence
of the occasional late hour at which the house rises.
men are more suitable than the usual class et
telegraph messengers.
The Directors of the Oriental Inland Steam
Company have made a fifth call of 21. on the A,
B, and new issue shares, payable by the 13th July.
A special meeting of the London stud South
Western Railway Company is called for the 30th
instant, to consider the expediency of amalgamating
with or purchasing the Wimbledon to Epsom line
of the Wimbledon and Dorking Company, and also
the undertaking of the Chard Railway Company.
In "A Brief Discourse on Wine" (Denman, Fen-
church-street) there is furnished au exceisliugly
readable collection of facts bearing upon the cul-
ture and produce of the vine in the vr.rious parts of
the world. The author's object is to show " how
to choose wine and how to use it." The wines of
France, Germany, Hungary, South Africa, ka, are
each noticed briefly, but in a light and agreeable
strain.

SATURDAY ETIND/O.

Consols, which closed yesterday at 92, "sellers,"
for the Gth of June, opened and closed at 91i to
92. For money the last price was 91/ to I. The
official business report is as follows: Three per
Cent. Consuls, for money, 911, ; ditto, for
account (June 6), 91i' 92 ; Three per Cent& Re-
duced, 891, ; New Three per Ceuta., 891, L ;
India Five per Cent. Stock, 101{ ; Five-sad-a-lEl4f
per Cent. " enfaoed" rupee paper, 100.
The Five per Cent. rupee paper was quoted 93.4
to 94 • the Five-and-a-Han per Cent., 99} to 100 ;
and Exchequer Bills, 94. to iis. dig.
In the foreign stook market there was scarcely
any business, but prices were steady.
In the market for Bank shares there was no varia-
tion worthy of notice. In miscellaneous shared,
South Australian Land were quoted rather better.
The closing quotations for shares in new under-
takings to-day were as follows :—Ocean Marine In.
nuance, 3j to 4 prem. ; Thames and Mersey
Marine, 1 to le prem. ; Universal Marine In-
surance, to prem. ; London and Provincial Ma-
rine, dia. to par ; East India Irrigation,
dia.; and Natal Land, 3 to 1 prem.

The shares of the China and Japan Steam Naviga-
tion Company were quoted to-day top prew.
Victoria Government bonds were rather heavy
to-day.