The Express.
London, England, 1861-02-15 00:00:00

MONEY MARKE2.-4THIS DAY.)

Two o'Ctotx.

The funds to-day show renewed firmness.
An advance of per cent has taken place. The
other markets are very quiet, but steady
in price. The return of the Bank of France ex-
hibits an important improvement. To-night's
return from the Bank of England is looked for with
much interest, ai likely to throw some light upon
the at prezeut ex. very intelligible action taken
yesterday by the Bank of England.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentes opened
at 67fr. 950., being rather more than k per cent.
worse than yeat•mlay.

The scrip of the New Indian Loan is steady,
and has been dealt in at mi.
Consols aro officially marked 911, 1, and I,
for money, and 92 for the account. The pre-
sent quotations are 911 to 1 for cash,
and 92 to a for the 7th of ]larch.
The official report is as follows :—Bank
Stock, 237 ; Three per Cents. Reduced, 911,
; New Three per Cents., 91h, 1, i ;
New Two-and-a-Half per Cents., 7b; ; India
Five per Cent. Stock, 1001, 1, 100 ; ditto,
for account, 100% ; ditto scrip, looli ;
ditto Four per Cent. Debentures, 1858, 95,1 ; ditto
Bonds, 225. dis. Fivo per Cent. "enlaced"
rupee paper, 953 ; Exchequer Bills, be. dia.

In the forel.,m stock market there is a fresh rise
in the Spatii.l: Coupon Certificates ; Mexicanbonda
are very steady. The Turkish loan of 1864 is
quoted 621 to 70, awl that of 1858, 551 to 561.
Sales are rec.mled as follows :—Brazilian Old
Five per Centa., ; Danish Three per Cents., 831 ;
Mexican Three per Cents., ; ditto for account,
2,4, I, ; Portuglese Three per Cents., 1853, for ac-
count, 46 ; Russian Four-and-a-Half per Ceuta., 911;
Spanish Three per Cents., 481; the Committee's
Certificates, q, ; Turkish Six per Cents.,
1854, 091, : ditto for account, 701; ditto Six per
Cents., 1353, 56; ditto for account, 56.4, t ; ditto
1001. Bonds, 53 ; Venezuela Three per Cents., for
account, 211.

The rise in the Bank rate of discount not being
generally expected, has excited considerable sur-
prise in all circles. With the exception of
a moderate drain to the Bast, there is no
draught upon the Bank's specie reserves for
exportation. During the last two or three days
that establislimeat Lai even bought a considerable
amount of Am:ralian gold. It is presumed that
the pressure at the discount office, which is
aggravate by the Bank rule against other dis-
counters, forms the main explanation of yesterday's
action. Before expressing an opinion upon the
Bank's policy, the public will of course await the
coming weekly return. Meanwhile, the rates of
discount ou the Continent continue comparatively
low.

The movement at the Bank has quickly influenced
the entire discount market. On Monday the rate
for the beat bills in Lombard-street was 7 per cent ;
yesterday it was & There wan no pressure at tho
Bank of England ; the demand was active at the
advanced rate. The fact is, the Bank have the
bulk of the business of the market.

A furtl.er sum of 110,0001. in Australian gold was
bought by the Bank yesterday, making 197,0001.
since the date of the last return. The Atrato, from
the West Intlies, has brought 80,6001. in silver and
16,000/. in gold.
There were numerous vague rumours of mercan-
tile embarrassments.

The Liverpuol cotton market yesterday showed
;tole a drooping tendency, owing to the rise in the
value of money. The sales were limited to 5,000
bales.

The Danish financial agents announce the divi-
dend due March 1 on the Five per Cent. Loan of
1850, and the repayment on the same day of the
outstanding capital (691,3001.) To such holders as
may wish to leave their money still at the disposal
of the Treasury, the Minister of Finance offers only
4 per cent. interest.
The Mill awl Railway traffic returns shows this
week au increase of 4,2471. (almost entirely in mer-
chandise and minerals) ; the Lancashire and York-
shire an increase of 2,1271. ; the Manchester, Shef-
field, and Lincolnshire an increase of 9991. ; the
North Eastern an increase of 2,348/. ; awl the
Eastern Counties an increase of 5311.

At the meeting of the Ceylon Railway Company
yesterday the shareholders present decided almost
unanimously to accept unconditionally the offer
made them by the colony, according to which they
will receive the par value of their capital, together
with interest. It appears, however, that there is
still a prospect of the railway being constructed
through the instrumentality of an English com-
pany, for the preliminary prospectus of the
•' Coloniho and Kandy Railway Company" is in
circulation.

At the annual meeting yesterday of the Berlin
Waterworks Company, the directors' report, recom-
mending a dividend of Is. per share, free of income
tax, was adopted, a resolution in favour of in-
creasing the dividend to Is. 4d. being lust. Tho
undertaking was described as continuing to make
P An erogress.
xtraordinary meeting of the Pernam-
buco Railway Company is convened for the
oth of Mar.;ll, to coutirm the resolution passed on
the 30th January.

THURSDAY EVINING.

Consols,which closed yesterday at buyers"
for the 7th of March, opened this morning at 921
to f, fell to 914 to 15-10, and closed at 91i to 92.
For money the last price was 911 to I. The official
business report is as follows :—Three per Cent.
Consols, for money, 911, 92, 911, ; ditto, for
account (March 7), 924, 92, 911 ; Three per Cents.
Reduced, 91f, 92, 911, ; New Three per Cents.,
92, 911, 92, 91rz, 1, ; New Three-and-a-Half per
Cents., 101 ; Bank Stock, 235. 2.341 : India Five
per Cent Stock, 1001, I, ; ditto Scrip, 1001, 1 ;
Five-and-a-Ralf per Cent. "eufaced" rupee paper,
1011, 1.
T e scrip of the New Indian Loan was marked
100; in the morning, but hal fallen at the close
to 100 f to 1.
Exchequer Bills were steady at 2s. dbl. to 2s.
prem. in the morning, but subsequently fell to
ss. die. to par.
The fdreign stock market war firm. Business
in this department is increasing. Mexican Bonds
left off at 241 to*, being f per oent. higher than
yostorlay. The Spanish Coupon Certificates were
en good roquest, owing to the prospect of a speedy
resumption of the negotiations with the govern-
ment. The closing price was 64 to 1. Turkish
Bonds left off much the same as yesterday—the imam,
of 1854 at 604 to 70, and that of 1858 at 551 to M.
The adjourned general meeting of the cooiapo
Extension Railway Company will be held on the
Bth of March.

MINES.-(THIS DAY.)

Two o'OLooz.

In the mining market the principal
feature is an active demand for East Carsdon share%
which have risen considerably, and are marked
in the Stock Exchange 14 and 14i. East Wheal
Russell have been dealt in at iO, and North
, Basset at eq. to si. The other transactions have
been clie3y in shares in New Wheal Seton, Bed-
ford United, and Wheal Agar.
Foreign and colonial mining shares are steady.
St. John del Rey have been dealt in at st to I,
Kapunda at 11 prem., and English and Australian
Copper at 3 and 3i.
At the monthly general meeting of the adventurers in
Hingston Down Consols, bold yesterday, the amounts
showed a balance iu hand an. 5.146. 10d.. and ac estimated
balance of payments over reoeipta before the neat meeting
of 59/.121. 114. A call of ls. pot share was made. The
next sampliwg will be 300 toss.