The Express.
London, England, 1861-12-06 00:00:00

I li

diONBY NARKBT.—(THIS DAY.)

Two o'CLom

The funds have been dull all the morning, at a
reduction of about i per cent. from yester-
day's prices. Within the last hour, how-
ever, in consequence of the publication,
in a second edition of the Daily News, of noes
from America to the effect that the legal
advisers of the Federal cabinet consider the
seizure of the Southern commissioners a legal act,
a fresh fall has taken place. Console are now
quoted i per cent, lower than they closed yester-
day. In the other markets prices are likewise
drooping, and gloom prevails, but the fall is not
severe.

At Paris this morning, according to Mr. Reu-
ter's telegram, the Three per Cent. Rentes were
quoted, before the opening of the Bourse, 69fr. 05c.,
being nearly 1 lower than yesterday.
Consols are officially marked 90k, 891, and 891
ex div., for money, and 901, 89j, and 901, ex div.
for the account. The present quotations are 891 to 1
for cash, and 891 to 90 for the 9th Jan. The offi-
cial business report is as follows :-Bank
Stock, 234 ; Three per Cents. Reduced, 891,
1,1, ; New Three per Cents., 891,
1. 1, /, 1, 1 ; Thirty Years Annuities,
1885, 151; India Five per Cent. Stock, 1011, 1,
101, 11, ex div. ; ditto Four per Cent. Debentures,
1864, 981 ; Exchequer Bills, March, 135., 15s.
16a, prem. ; ditto June, 18s., prem.
Foreign stocks aro fiat, and where sales are
pressed, prices are lower. This is the case
with Venezuela bonds, which are last
marked 201. Mexican are likewise rather
lower, having been dealt in at 261 to 26/.
Turkish Bonds are sensitive, but there is no further
decline. The loan of 1854 is quoted 751 to 761,
and that of 1858, 661 to 671, being slightly
better than yesterday afternoon. Sales are recorded
as follows :-Brazilian Four-and-a-Half per Cents.,
1860, 87, 85, cx div. ; Chilian Six per Cents.,
100 ; Danish Three per Cents., 1825, 811 ; Mexican
Three per Cents., for account, 261, 1 ; Sardinian
Five per Cents., for account, 78, ex div. ; the Com-
mittee's Certificates, 51; Turkish Six per Cents.,
1854, for account, 76, 751 ; ditto Six per Ceuta.,
1858, 671 ; ditto, for account, 67, 66 ; ditto 1001.
Bonds, 70 ; ditto Guaranteed Four per Cents., for
account, 1011; Venezuela Three per Cents., for
account, 21, 201.

The specie by West India packet was delivered
yesterday, but the silver has not yet been dis-
posed of. The recent large remittances to Bombay
were mostly to pay for cotton ; but these operations
may be restrained by the uncertainty attaching to
the blockade of the American cotton ports.
The Liverpool cotton market yesterday was de-
cidedly brisker. The sales reached 12,000 bales,
and prices were quoted higher.
.

The public sales of tea yesterday went off at a
decline. Saltpetre was in brisk demand, at higher
prices.
- - - -

The Eastern Counties Railway traffic return
shows this week a decrease of 2871. • the Midland
a decrease of 1,1321. ; the Manchester, Sheffield,
and Lincolnshire an increase of 4451. • the Lan-
cashire and Yorkshire • decrease of 2,86/. ; and
the North Eastern a decrease of 1,3901.
The directors of the Crystal Palace Company
have resolved on recommending the proprietors at
their meeting on the 19th inst. to declare a
dividend on the ordinary stock for the year ending
31st October last, at the rate of 2 per cent. per
annum, viz., 25. per ordinary share. This will
leave the reserve to be carried over at a little above
10,0001. It is contended in some quarters that the
dividend ought to be increased to 2s. 6d. per share,
' in which case the reserve would stand at about
5,0001.

A special meeting of the London and North
Western Railway Company is called for the 20th
instant, to determine as to the acceptance by the
company of theirproportion of the new shares in the
North London Railway under that company's acts
of the present year.
Creditors of the Saxon Life Assurance Society
are to prove their claims before Vice-Chanoellur
Wood by the 12th inst.
The Atlantic and Great Western Railway Bonds
have this day been admitted on the official list by
the committee of the Stock Exchange.
Messrs. George Harris sad Sons have been ap-
pointed brokers to the Oriental and General Marine
Insurance Company. _ .

- -
The position of the market for American secu-
rities is noticed as follows by Messrs. D. 8011, Son,
and Co. :

During the past week increased uneasiness has been
evin:ed by the holders of Americas securities, and capitalists
who hold the State stocks fur investment, as well as others
holding securities of a more speculative character, have
freely offered them for sale at considerably reduced prices ;
thus there have been large sales of United States Five per
Cent. Bonds, at 08 ; Massachusetts Five per Cent. Bond,. at
83 to 85 ; Pennsylvania Five per Cent. Hoods, at 63 ; Vir-
ginia Six per Cent. Bonds, 42 to 44 ; Boston City Fonr-aed-
is-Half per Cent. Bowls, at 75.
The following is Mesas. Culverwell, Brooks,
and Co.'s report of Wednesday's hide sales :
At the twenty-fourth series of hide sales fur the year, the
quantity offered of all descriptions was moderate, which met
with a fair demand at about former rates—the home trade
were the chief buyers.
Fault India.—Ox sod Cow.—Calcutta were in fair demand,
although the exporters were not such large buyers as at the
pr wions sales. Prices generally remain unaltered, but
i
heavy hides were slightly neglected. The analysis of the
miss s 56,117 Calcutta new parcels, 12,467 brought forward
from former sales, and rt,toi Madras, Pondicherry, and
Bombay, &c.; in all 76,018 hides, of which 63,333 were sold. '
Fast India.—Buffalo realised about former prices.
Leather.—East Inchan.—Madras, although bringing good
prices, did not maintain the extreme rates obtained at the
former sales. Australian sold well. . . .

Salted Hides.—South American were part sold at fair
prices. Australian were of common quality, and were
mostly sold. Cape sold well.
Dry Hides—South American were part sold.
Horse Hides.—Belted South American of heavy averages
were sold at prices slightly in favour of buyera, while
lighter weights realised extreme prices for those add.
The skip Mary Harrison has been taken up for
the conveyance of emigrants to Western Aus-
troths.

The return of the Bank of England for the week
snding Deo. 4, compared with that for the pre-
vious week, shows the following changes :
Circulation issue
Circulation satin
Public deposits 4206,3.34 loons./ 1,002,403
Other deposits
Government securities in
banking department
°therm:curium in banking
department
Coin and bullion in both
departments 15,139,763 learsses 13411415
Seven day and other belle 738,197 lemeses $01.6
The Barn
peerless Till
8,927,---

Notes is meets .

,715 Incremor 2137414

.. —.— ... , .
Total mom (aotaikcioin)
in banking department 9,779,293 Increase 188,900
The principal feature is the continued increase in
the bullion and reserve.

BANK OF ENOLAND.—An Account pirawsent to the Ad Wit
sad tub Vie., e. 112, los the week ending en Wedoesday, Deo.
4. 186 t.
I=l nwrARTNWIT.
Notes issued SAMS, .all Govesissent debt.. 611,0111,10
Other securities— . 6,6164,110
Gold coin and bul-
lion
Silver bullion

6/141118,190
Plume Dl
Proprietors' Capital L 14,6611,000
hem 2,121,11.111
Public Dimwits (la-
eluding Inlisq,
liar. Osaka, Com-
mis. or Natioael
Debt, ail Dlr
hoot& ) immix
Other Deposits. 111,271,191
heves delsablother
70,197

CIiSA4II,IIIO

PANTIMIT.
Cknn..l.4.

Dead welsbt
MM US
Ornaaradso 14014.424
Node ata7,7l6
Odid sad Nave
Oda 511.612

MAIIIIALL. arctae
Cashsise.WA