The Express.
London, England, 1857-03-19 00:00:00

MONEY MARKET.-THIS DAY.

Two o'CLocz.

The funds retain the firmer appearance noticed
yesterday, and prices are even quoted a shade better.
English railway stocks are also firmer. French
railway shares are still rising.
Consols opened at 931 to 1 for the Bth April, and
are now quoted 93 7-16 to 9-16. For money the present
quotation is 931 to 1. Bank Stock for the account,
is marked 2221, 223, and 221 ; Exchequer Bills, 2s.
dia. to Is. prem., and Exchequer Bonds, 981.
Turkish Six per Cents. are fairly supported,
'at 971 to 981. Mexican Bonds 'have re-
sided to 231 to 241. Other foreign stocks
are quiet. The sales include Brazilian
Old Five per Cents., at 1021; Granada Deferred,
at 61; Portuguese Three per Cents., 1853, at 451 ;
Russian Five per Cents., at 1071 and 1071 ; ditto,
Four-and-a-Half per Cents., at 971; and Spanish
Old Three per Cents., for 31st instant, at 411.
About 32,000/. in bar gold was taken from the
Bank yesterday for exportation to the Continent,gro-
bably m payment for silver. Against this with-
drawal may be set the purchase by the Bank yester-
day of the 40,000 sovereigns ex the Admiral, from
Melbourne.
The advises from Amsterdam and Frankfort no-
tice a further decline in Austrian stock.
The 56,0001. in gold brought from Melbourne by
her Mejesty's ship Electra ham been purchased for
transmission to the Continent,
It is understood that the Pero will take out to-
morrow. from Southampton about 750,0001. in specie
and bullion, of which nearly 150,0001. is destined
for China, and the rest for India. The whole con-
sists of silver, with the exception of about 11,2001.
in gold.
It is computed that the Austral has now been at
sea 83 days, the White Star 81 days, the Orwell 78
days, and the Anglesey 76 days, assuming that thew
vessels, all of which are homeward bound, left Mel-
bourne at the dates previously fixed. It was ex-
pected that the shipments of gold by these vessels
would represent a considerable aggregate.
The continental advises report steadiness in the
rates of exchange on London.
The corn market remains dull. To effect sales of
wheat to any extent lower prices must be submitted
to. The arrivals of foreign grain in London this
week have been small. Since last Friday, however,
BS many as 42 grain-laden vessels have arrived at
ports of call, viz., 20 of wheat, 7 of barley, 12 of
maize, and 3of millet seed. Several of these were
sold previous to arrival, or have been consigned
away. Importers evince more anxiety to sell.
Three vessels have arrived from viz., the
Lady Elizabeth, from Hong Kong, the Launceston,
from Shanghai, and the Testimonial, from Canton.
These vessels bring an aggregate of 1,426,2001b5. of
tea, and 1,694 bales of silk on freight.
It is announced that the London and Eastern
Banking Corporation is about to be wound up, but
that all the liabilities of the institution will be met
in due course. The head office of this bank
is at 27, Cannon-street, City, and it has
branches in Mark-lane, Pall-mall, and Westbourne-
terrace ; also at Calcutta and Bombay. It was
established in 1854, with a nominal capital of half
a million sterling, of which 250,0001., or 501. per
share, is paid up. The number of partners, or share-
holders, in the bank, which is incorporated by royal
A charter, is about 830. The chairman is Mr. Jolin
Carne Morris ; the deputy chairman, the Hon.
John C. Erskine; and the directors are Colonel
Thomas Chadwick, Colonel W. P. Waugh, Colonel
E. R. W. W. Yates, and Messrs. Henry Fendall,
• Robert John Lattei, and J. E. Stephens. This
• latter gentleman is also general manager. The
trustees are General George Brooke, C. 8., Colonel
Thomas Chadwick, and Colonel J. G. W. Curtis,
C. The company are agents in London for the
Delhi Bank, Simla Bank, the Uncovenanted Service
Bank of Agra, and the Agra Savings Bank. Under
the circumstances it would appear that the loss will
fall solely upon the shareholders. Explanation is
required of the conduct of the board in paying regu-
larly a dividend at the rate of 6 per cent. per
annum. The company has always excluded from
its meetings the representatives of the press.
The following has reference to the Alliance Bank:

&r,—A ph in your City article of to-day baring.
been poin out to us, stating that the Alliance Bank re-
frains from publishing a statement of amounts," we beg to
inform you that the report of the meeting held in Paris on
Saturday last, as well as a statement of accounts to 31st De-
cember, 1856, have been mina yeeterday in the bands of the
printer, and will be distributed to the shareholders in the
course of to-morrow.
We are, sir, your obedient servants,
To. GREEN and Co., London agents.
London, March 18, 1857.
The statement of accounts of this bank has
also reached us. The balance-sheet to the 31st
December last is as follows, in sterling money:
Dr. To share capital, 105,796/. ; bills payable,
14,0541. 17s. 2d. ; amount due by the bank on cur-
rent and deposit accounts, 26,1721.45. 3d.; profit and
loss, 19,2161. Os. 7d.; total, 165,237!. 2s. Cr. By
cub on hand and at call, 38,7571. 18a. ; bills re-
ceivable, 65,8531. 6s. 10d.; furniture, 8211. 11s. 7d.;
preliminary expenses, 1,7361. Is. 2d.; sundry ac-
counts debtor, including temporary advances m
approved securities, 58,0691. 4s. sd. ; total, 166,2371.
2s. The profit and loss account stands thus :—Dr.
To preliminary expenses, 1,7361. Is. 2d.; allow-1
ance to council, 5741. ditto to management,
6741.; dividend at the rate of 1!. per awe,
10,000/. ; amount canted to credit of profit sad Ins
account, 1857, and for the formation of a mane
fund, 6,3311.195. 6d. ; t0ta1,19,2161. Os. 7d. Cr. By
amount of profit to the 31st December, 1
19,216/. Os. 7d.
The Paris advices intimate that the forthcoming
dividend of the Orleans Railway Company will be
at the rate of 54f. per share, which, added to the
30f. previously distributed, shows a total return of
84f, per share for the year 1858. It is stated, more-
over that three-parts of the loss arising from the
inundations will be borne by the accounts for the
past year.
The Rome and Frascati Railway Company an-
nounce the third and last call of 62f. 60c., or say
2/.los. per share, payable from the Ist to the 20th
May. The half-yearly interest, amounting to 6f. 56e.
per share, is to be doducted.
Southern of France Railway shares have risen
considerably of late at Paris, owing to the approach-
ing completion of this company's communication
between the Mediterranean and the ocean.
A special court of the Australian Agricultural
Company is called for the 2nd April, " to receive the
report of the committee appointed at the annual
general meeting on the 30th January last; to con-
sider the report then presented to the proprietors;
and to consult with the directors on the general
position of the company's affairs."
The Belgian Minister of Finance notifies the can-
eelment of stock to the amount of 32,320!. of the
Three per Cent. Loan of 58,474,1100 fr.

WEDVESDAT EVEN !NO,

The funds opened rather flatly this morning, but
the market soon began to exhibit an improvement of
tone, and the closing quotations were 1, per cent.
higher than those of yesterday. In the heavier
English railway stocks a recovery of to per cent.
was established. French shares continue firm.

The improved appearance of the markets to-day
was chiefly attributed to a decrease in the demand
for money, both in commercial channels and in the
Stock Exchange. In the latter establishment, the
sham settlement being completed, short loans on
Consols were obtainable in the afternoon at about
61 per cent. In the morning 6 per cent. was the
current rate.
Consols opened this morning at 93; for the Bth
April, and closed at 93; to For money the last
price was 931. The official business report is as
renews :—Three per Cent. Consols, for money, 921,
931; ditto for account, Bth April, 931, 931. Long
Annuities, expiring in Jan. 1860, 21. Three-and-a-
Half per Cent. Exchequer Bonds, falling payable in
1868, 981 ; ditto, 1869, 981. I.
Exchequer bills were firmer to-day, being dealt in

from Is. die to 4s. prem., and closing at par to 3a.
prem. Exchequer Bonds were also firm, at 961
to 99.
In the railway share market to-day the principal
feature was a renewed active demand for Mexican
Bonds, consequent upon the last advices from
Mexico. A further rise of t per cent. has been esta-
blished, the price closing at 241 to ;in the morning
purchases were effected as high as 243. Turkish
Six per Cents rose nearly 1 per cent., being last
quoted 98 to 3 for the 31st inst. The Guaranteed
Four per Cents. left off at 101 to 3 for the account,
being 3 to Z per cent. higher than yesterday.
Ottoman Bank shares were marked as high to
It prem. in the morning, but closed at 13 to 11
prem. Oriental Bank and Union Bank of Australia
stocks were rather flatter. National Discount re-
main quoted 1 to' die. Van Diemen's Land shares
have declined. London General Omnibus closed at
7-16 to 9-16 prem.
The nominal closing quotations for the newly pro-
jected railways are subjoined, viz.: l'unjaub Rail-
way, 3to 1 prem. ; Oude Railway, par to prem.;
Northern Bengal Railway, par to prem. ; Central
Oude Railway, 1-16 to 2-16 prem.; Eastern Bengal
Railway, „I to prem. ; Nassau Railway, par to 3
prem.; Calcutta and South Eastern Railway, par to
i prem. ; Euphrates Valley Railway, 146 to I
prem.
The shares of the European and Indian Junction
Telegraph Company were quoted par.
The Admiralty have accepted the undermentioned
ships for the conveyance of stores, viz.:—The Lady
Elizabeth, for Algae Bay ; Dependant, for Bermuda j
Mary Harrison, for Cape of Good Hope ; Britannia,
for Gibraltar ; Alice, for Montreal ; Tricolor, for
Melbourne ; and the Montezuma, for Quebec ; also
the following vessels to convey troops, viz :—The
Theresa, for Jamaica; Ocean Wave and Coral
. Queen, both for Cape of Good Hope ; British
Empire, for the Mauritius ; and the Annie Morice,
for St. John's, Newfoundland.
The Admiralty will receive tenders on the 24th
instant for the hire of a ship, not exceeding 600 tons
a.m., to convey convicts and stores to and from
Gibraltar.

MINES.-THIS DAY

Two o'CLocs.

In the market for home mining stocks, the
principal feature this morning has been a further rise
in Tin Ctoft shares, which are marked in the Ste*
Exchange 6, St, and 51. In other respects the
market is very quiet.
United Mexican shares have receded, being marked
31 and 3.1. Other foreign shares are neglected.
Subjoined is a list of yesterday's transactions in the
Mining Exchange:
Alfred COllBOll, 2231; Catherine and Jane, 10s., Ile. 64.,
12a. Gd. , Caatell, Ile. 6d. ; Drakewalla 31, 3-16 , East
Alfred, 2, 1-16, V. la, 21. 24. ; Great Alfred,
10, I, I ;
Ilerodatuot, 64 ; Margery, 17, ; North Fra, 1154,_12:
Pendeca, 2, I , Routh Camden, 346, 360 St. May
United, I ; Tuner Cesaale.,2_224. 6d. ; Tincroft,
West Canam, 1674, 174 • Weal Granville, 6e. Gd., 6e. ;
Weed Per Cowls, 10e., 12i. 6d. • Wheal Edward., 6, 1-16,
Lb; Wheal Granville, 30e., kn. 6d. ; Wheal H=
10a. 6d., 12a. Gd. ; Wheal Margaret, 64, 66, 674, 70 ,
er
Sydney, M ; Wheal Trelawney, 24 ; Wheal Wrey, 64,
7,

WEDNESDAY EVENING.

The market for home mining stocks to-day wu
quiet. The chief feature was a further rise in Tin-
croft shares, which continue in active demand.
West Carodon were also firmer, but Wheal Buller
showed flatness. Wheal Arthur shares were dealt
in in the Stock Exchange at 71, and Wheal Margery
at 18, in addition to the transactions in the official
list.
United Mexican shares were rather flatter.