The Express.
London, England, 1861-09-14 00:00:00

MONEY MARKET.-(THIS DAY.)

Two &Clam.

The funds to-day are stationary at the closing
quotations of yesterday, with very little business.
Attention is chiefly directed to the arrangements
for the fortnightly settlement in shares
and foreign stocks, which will be completsd
on Monday. With the exception of a further
decline in English railway stocks, there is no
alteration of importance in priciest

The India Five per Cent. Stock is steady, at
Kai to 104 for the account, and the scrip at 1031
to 104.

Consols are officially marked 93f, 2, and
for money, and 934 and f for the account.
The present quotations are 934 to 2 for money, and
93j to for the 10th October. The official business
report is as follows:—New Three per Cents., 911,
92 ; India Five per Cent. Stock, 106, 1034 ;
Exchequer Bills, March, 2s. die.
The foreign stock market is rather quiet to-day,
but prices are generally steady. The Turk-
ish Loan of 1854 is quoted 82/ to I, and
that of 1868, 674 to 68, ex div. The late rise in
Mexican bonds is fully supported. Sales are
recorded as follows :—Buenos Ayres Deferred,
29 ; Cuba Seven per Cents., 101 ; Equedor New
Consolidated, 154, ex div. ; Mexican Three per
Cents., 23, g ; ditto, for account, 234 ; New
Granada Deferred, 6i ; Peruvian Three per
Ceuta., 791 ; Russian Five per Cents., 994, ex div.;
Sardinian Five per Cents., 80 ; Spanish New
Deferred Three per Cents., 414 ; Turkish Six
per Cents., 1858, 88, j, 674, ex div. ; ditto for
account, 67j, 68, ex div.

Ittis-rABT Two o'CtocK.
Consols remain quoted NI to 3 for money,
and 931 to for the account.
The discount market yesterday presented a steady
appearance. The ratan for the best bills in the
open market being only 34 to 34 per cent., there
was no revival of business whatever at the
Bank of England.
About 60,000/. in gold was sent into the Bank
yesterday. The Seine, from the West- Indies, has
brought 84,0001. in silver, and 49,0001. in gold.
The Melbourne advices announce the departure
of the Lincolnshire with 207,0001. in gold, the
Swiftsure with 205,0001., and the James Wilson
with 76,000/. making the total on the way to Eng-
land 643,000/ including 165,000/. by the Orwell,
reported by the previous mail.
The foreign exchanges yesterday afternoon were
not quite so firm as of late, owing partly to the fall
iu the value of money here. The alteration in the
' rates, however, was not important. Subjoined is
our usual list :

Aznittenlam, 3 months, 12.1 to a ; ditto, 3 days, 11.19
to a ; Boit/Mum, 3 months, 12.1 to a ; Antwerp, 3
months, 25.67 a to 723 ; Hamburg, ins. Limo° .3 months,
LllOl to a ; Paris, 3 days, 25.421 to 74 ; ditto, 3 months,
25.70 to 5 • frankfort-on-the-it o, 3 months, 1190 to
; Petersburg (per rouble), 3 mouths, 33 to 1 ; Vienna,
tlo., 3 months, 14.10 to 15; Trieste, elf. 60., 3 months,
14.10 to 15; Madrid, 3 months, 481 to a ; Cadiz, 3 months,
484 to ; Leghorn, 3 months, 25.85 to 71 ; Gann% 3
months, 25.80 to 5 ; Milan, 3 months, 25.80 to 5 ; Naples,
3 mouths, 394 to 40; Malmo, 3 months, 118 A to t ;
Naha, 3 months, 118 a tog; Lisbon, 90 days, 51 to 1 ;
(*wt., 90 days, 524 to if
. _ .

At Paris the rate of discount in the open market
is 41 per cent. (the Bank of France rate being
still 5 ' or 1 per cent, above that of the Bank of
Englapd) ; at Vienna, 5 • at Hamburg, 21 ; at
Amsterdam, 3 ; at Frankfort, 2 ; at Berlin, 3, ;
at Brussels, 3} ; and at Turin, 5} per cent.
The bills have been returned of Messrs. Head-
land and Kearaley, woollen warehousemen, of
Gutter-lane, but the direct liabilities are under-
stood not to exceed 20,0004. The partners, it is
said, entertain a hope that they will be able to
pay in full.
The Liverpool cotton market yesterday wax very
firm, with sales to the extent of 15,000 Wes.
The monthly return of the Bank of France, as
made up to Thursday, the 12th of September, shows
the following results (the exchange taken at 25f. to
the pound) :

Coin and bullion
Bills discounted Deareme 1,610,000
Note; in circulation. DINIIMIO 30,000
Private deposits DOMINO 1,440,000
Treasury it..
... Decreer. 610.600

Advances on public Recanting Decrease 200.000

The Portuguese Financial Agent has issued •
notice describing the progress of the conversion of
the public debt. The total of bonds of all issues
in circulation on the 30th June, 1861 (besides
' 135,0071. 10e. unconverted bonds), was 13,994,0001.,
and the amount of deferred stock in circulation
(after deducting 15,5071. 14e. 4d., converted into
internal stock) was 542,8311. Be. 9d.
The Caledonian Railway traffic return shows this
week an increase of 1,0631.
The half-yearly meeting of the Cape Town Rail-
way and Dock Company is called for the 30th inst.,
when the directors will ask power to issue shares
(about 1,500 in number) for the unaubseribed por-
tion of the original guaranteed capital of 470,0001.
The National Bank will commence business in
their new building, 13, Old Broad-street, on Mon-
day next, the 10th inst.

The preparations yesterday for Monday's settle-
ment in the English railway market imlicated gene-
rally a limited supply of stock. The following shows
the terms current at the commencement of business

yesterday morning :

London ascl. North Western t borrowers to # per cent.
stock
Great Western

Lancashire and and Yeehides to f per cent. oontango.
Midland -16 to 5416 per owe. cont.
Mouth Eastern
Caledonian.

- - -
to per coot. coot.

per mot. coot.
11-16 to I per cent. coot.
1.16 to --• cent. coot.

North DAM even

Berwick
York and North Midland

In the afternoon the " beeckwardation" of on
Great Northern passed off, and the stock closed
flat. London and North Western wax scarce, and
carried • " backwardation" of A. Midland was
likewise wanted for the settlement, and at the close
the dealers were borrowers of it. Lancashire and
Yorkshire proved more abundant, and stood at
" continuation." The "continuation" on CAlsxlo-
- stock was also per cent.
The Gazette specie 'statement for the week end-
ing Wednesday last gives the following totals,
viz.:—lmports of gold, 431,902/. • exports of gold,
32,0231. ; imports of silver, 21,4071. ; exports of
silver, 106,8371.
The following is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales :
At the eighteenth series of public sales for the year, we
have to report a fair attendance of buyers with a good busi-
ng= doing, both for the home trade and export. Price• of
most descriptions remain without much alteration. East
India—Ox and Cow : Calcutta were iu steady demand, most
descriptions were well competed for, especially hides of good
quality, which brought extreme rajas. The lower qualities
are improving in value, and prices for all clamsea wore steady,
lst leave being the Wirt so. Madras were well competed
for, and brought full prices. The analysis of the sales is
15,312 Calcutta new is ; 14,032 brone.2t forward from
former sales ; mad 13,523 Madras, Bombay. lie. ; in all
133,080 bides, of which 119,136 were ,old at the sales.
Fast lodia—Buffalo.—The quantity offered was large, but
the bulk being of inferior quality, accounts for the low
pprvrwaes of Calutta. Papaw sold fairly. Leather.—East
India. —Bombay of good quality sold at advanced prices.
Australian—The portion sold was at late rates to a alight
concession in Price to close parcels. Spanish (curried) sold
at very full prices. Salted H ides. —Australian—Those sold
were at late rates both for Melbourne and Sydney. Cape
sold at full prices for the quality. West India were steady.
Dry and Salted Hides—Mogadore kips all bought in, being
held beyond the trines at present obtainable. Horse Hides— ,
The salted were bought in, the sales being confined to • few
dry bides. Glue pieces sold at former prime. Bark was
better demand at full rates.

The Excelsior has arrived from Chins with
887,300 lbs. of te►

' Cent. Consols, for mosey 931, 1, I; ditto, for
account (October 10), 931, 94, 931 ; Three per
Oasts. Reduced, 92, 911, *, ; New Three Bw
Coots., 911, 92, 911 ; India -Five per Cent. Stock,
1031, k, 104 ' • Five per Cent.' " enfaced" rupee
Parr, 94! g•
The India Five par Cents. were rather flatter.
The stock closed at 1031 to 1 for the account, and
Rae scrip at 1031 to 104.
The March Exchequer Bills were quoted 2s. dia.
to 2s. premium, and the June 4e. to 7s. premium.
The foreign stock market was rather active.
Mexican Bonds have improved to 23 to 1, and Pe-
ruvian Three per Cents. to79* to 80. The Turkisk
Loan of 1854 closed firm at 821 to 1, whilst that
of 1868 was steady at 67* to 88 ex div.
This department generally was strong.
r Bank shares were steady. There were more in-
quiries for London and South African Bank, and
London Chartered Bank of Australia, East and
West India Dock, and Scottish Australian Invest-
ment stocks were better. Oriental Inland Steam
shares met with some attention.

The closing quotations for slasegr in new under-
takings to-day were as follows :—Ocean Marine
Insurance, ci to 4/ prem. ; Thames and Mersey
Marine, ato 1 prem. ; Universal Marine Insur-
ance, It to ti die. ; London and Prtnincial Marine,
dia. to par ; Oriental and General Marine, I to}
prem. ; Mercantile Fire, 3-16 to 5-16 prem.;
Commercial Unisu Fire, par ; Bakia Steam, to

Cape Town Railway shares have risen to par.
United States and Virginia Bonds fell to 1 per
cent. to-day.

MINES.-(THIS DAY.)

Two o'CLoex.
The mining market to-day is active as re;ards
shares in Cern Camborne and East Caradon, which
have advanced. Shares in Merke Valley, North
Treskerby, and Copper Hill, are likewise
in demand. In the Stock Exchange East
Caradon are officially marked 26i to 264 : East
Basset, ; and North Downs, 6 to 68.
Foreign and colonial mining shares remain quiet.
Great Northern Copper (South Australia) have
been dealt in at 6 to i prem., and United Mexican
at
The subjoined weekly summary of the metal
market is extracted from the circular of Mews.
von Dadelseen and North

With the exception of tin, which was advanced on the
10th inst., there is no chance of importance in the metal
market ; prices are well maintained, and an average amount
of business has been done. Wilsh bars are without change
from our last week's quotation, end in fair demand. la
Staffordshire iron there is a little more business doing.
Scotch pig iron has slightly receded in value, closing at
Ms. 41d., cash. Copper : (heat steadiness tensile in the
copper market ; both Englisb-manuf and nw are
soiling to a moderate extent at fixed quotations. Huainan
has been done in Burnt at 98/. Most of our importen bold
for 100/. and above. We quote Kapunda, 991. to Wit. ;
Baltimore ingot. Sri. ; Chili slab, from 881. to 901. Tia:
English tin was put up on the 10th at 31. per tow, which
step was anticipated some time ago, and was ffiecounted ea
regards foreign. We quote Strait* 1171. cash ; Banta, 1181.
In Holland the market be. advanced to ltd. Tin platen
remain dull and difficult to dispose of. lead: A little
more busincwi passing, but prices unchanged. Spiker : No
further improvement has taken place ; the market is if any-
thing a shade easier. 50 tows were dose on the 10th inst.
at 18/. 5.. for prompt, cash, and the same quantity for
INovember delivery, at 181. 15s. ; Hull parcels, 18/. sa. to
18/. 10s. ; W. If.. 19/.
At the Wheal Mary Ann meeting, on the 10th instant%
the accounts showed a credit balance of 2,0201. lls. 2d. A.
dividend of 10s. per share (5120 era declared, kering a
balance of 1,508/. lls. 2d. to the next account.
Bryn Glair,' mine sold 30 tons of lead ore at 12/. tle. Tor
ton on the 12th lost

From Wheal Concord (September 12), Captain H. Lake
writes :—" We are now driving the creescut south of the
Ni with six men, and the 10 east with two MR and two
boys. The lode is large and kindly, with good stones el
lead, and a strong appearance of plenty at a deeper level.
Picini Dale Mine (August 11), Captain R. Nines writes:
—" Everything is going on much as usual. The pine vein
is still yielding well, and worth 11101. par fathom. We have
sunk 7 feet in the new shaft during the Daft week, which is
now down from surface 2R fathoms 5 feet."

From Weet Devon Consols (Sept. 12), Captain C. Rowe
states :—" The lode in the 40 east from engine shaft is im-
proved in size, awl shows indication s of becoming still larger
as we get nearer the shoot of the an ground, which we
anticipate being some few fathoms ahead. The ground is
not quite so favourable for progress ea we ezpetted to find
it ; nevertheless its character and appearance are in every
way oongenial for the production of copper ore. There is ne
change in the tribute department to notice since last re.
ported on."