The Express.
London, England, 1861-06-07 00:00:00

MONEY MARKET.—(THIS DA } a

Two o'CLocz.

The funds remain flat. Consols era again •
quoted about it per cent. lower to-day. Very
little business is going forward in any department.
Where any alteration is observable in prime, it is
in the unfavourable direction, but yesterday's quota-
tions are in most cases supported.
At Paris this morning, according to Mr. Reu-
ter's telegram, the Three per Cent. Rentes opened
at 67fr. 35c., ex coupon, being tic. lower than yes-
terday, after allowing for the deduction of the divi-
dend.

The Indian Five per Cent. stock is rather
firmer, being marked 971 and 98 ex div., for
money, and 981 for the account.
Consols are officially marked 891, 90. and 891,
ex div., for money, and 90} and 1, ex
div., for the account. The present quo-
tations are 891 to 1, ex div., for money, and
901 to 1, ex div., for the 10th of July. The official
business report is as follows :—Bank Stock, 233 ;
Three per Cents. Reduced, 89/, 1; New Three
per Ceuta., 891, 1, ; India Stock, 228 ; ditto Five
per Cent, stock, 971, 98, ex div. ; ditto for account,
98/, ex div. ; ditto Four per Cent. Debentures,
1858, 951 ; Exchequer Bills, March, 65., 2s. die.
The foreign stock market is likewise quiet.
Turkish Bonds are rather flat, the Loan of 1854
being quoted 701 to 711, and that of 1858
551 to f. Mexican Bonds present no change.
Sales are recorded as follows :—Mexican Three
per Cents., for account, 22, 211 ; Portu-
guese Three per Ceuta., 1863, 471 ; Russian
Four-and-a-Half per Cents., 1860, 89, ex div, ;
ditto Three per Cents., 1869, 611 ; Spanish
Three per Cents. for account, 601; ditto New
Deferred Three per Cents. for account, 431 ;
the Committee's Certificates, 51 ; Turkish Six
per Cents., 1858, for account, 551, 1 ; ditto Gua-
ranteed Four per Ceuta., 100.

The settlement completed yesterday has resulted
in large deliveries of Three per Cent, stock,
both by the public (chiefly, it is believed, the bank-
ing interest) and by government. The amount
of stock thrown on the market from the
latter source during the month has evi-
dently been considerable. This over-supply led
yesterday to a very active demand for money in
the Stock Exchange, where 6 to 7 per cent. was
paid for short loans on government securities.
Some amount was obtained from the Bank of
England at the former rate. Still higher terms
were in many instances required for carrying over
purchases to the July settlement. In consequence
of the unusual surplus of stock, a practice not
often witnessed was resorted to—namely, according
to the rules of the establishment, stock to the
amount of 13,000/. or 15,000 L was "sold out" for
cash by the official broker against dealers who,
having bought it for the present settlement, were
not provided with " names" to pus for it. The
present condition of the market results mainly from
the continuance of the process to which repeated
allusion has been made in these columns—the
public still sell English Three per Cent. stock in
order to buy Indian Five per Cents., Colonial
Bonds, and other securities yielding relatively
higher rates of interest.

The amount of gold bought by the Bank yester-
day was 24,000/. Nearly the whole of the 57,0001.
Australian, by the Owen Glendower, has been taken
to be refined, after which it will probably be sent
ixto the Bank. The supply of gold by Mexican
packet is also expected to remain here after going
through the same process.
The Magdalena, from Brazil, has reached South-
ampton, with 35,687/. in specie. The Dane
has taken 60,0001. in gold on government account
to the Cape of Good Hope. The Bavaria, for New
York, has on board 8,200/. on English account.

Subjoined is a list of the vessel; knowu to be at
sea, with an aggregate of 499,000/. in Australiau
gold, of which 344,0001. is fully due :

_
Days at Gold on board.
Name. Sailed. ilea. Ounces. Value.
/tidier
Marco Polo ..... Feb. 18 ... 108
Peru
Priem of Wales March 4 ... 94
Bores. March 4 ... 94
Thews
Yorkshire

124,843 _ 6499,000

Messrs. D. and J. Thompson, merchants, of
Dundee, have suspended payment, with liabilities
to the amount of 40,000/.' and assets showing a
surplus. They have alreadymado an offer to pay
20e. in the pound. The firm has been principally
engaged in the jute trade, and its difficulties have
arisen through the position of houses in America
with which it is connected.

The Eastern Counties Railway traffic return
shows this week a decrease of 3,7271. ; the Lancashire
and Yorkshire, a decrease of 12,4451.; the Man-
chester, Sheffield, and Lincolnshire, a decrease of
4,0581.: the Midland, a decrease of 8,951/. ; and the
North Eastern an increase of 3,6921.
The traffic receipts of the Grand Trunk Railway
Company of Canada for the week ending May 18
were 12,4721. sterling, being Mt more than in the
corresponding week of last year.
_ . _ _ _

. _
The traffic on the 1,004 miles of the South Aus-
trian line of the Lombardo-Venetian Railway
Company for the week ending May 27, was
46,4791., being 12,4971. more than in the corre-
sponding week of 1860 on 687 miles ; and that ou
the Lombardo-Venetian hue 4,4621., showing a
decrease of 275!. The receipts on the Central Italy
branch from Plaigance to Bologna, a distance of
91 miles, were 2,860!., being 6491. more than last
year.
The annual meeting of the Dutch Rhenish
Railway Company i 4 called for the 28th kat., at
Amsterdam.

The first general meeting of the Bahia Gas
Company is callol for the 18th inst.
The position of the market for American secu-
rities is noticed as follows by Messrs. D. Bell, Son,
and Co. :
The market for American securities continues very active,
and large amounta of the several Southern States stocks
have been soil during the past week, Virginia et prices
varying from 42 to 43. Tennessee, 38. South Carolina, 45.
The following is Messrs. Culverwell, Brooks, and
Co.'s report of the result a yesterday's hide sales :
At the eleventh series of public sales fur the year there
I was a fair attendance of both home and export buyers, and
prices upon the whole were fairly supp‘rted.
Bait India—Ox and Cow.—Calcutta were in fair request,
and for panels of good to prime quality there was much
competition, which resulted in their realising very extreme
rates to an occasional advance of 4d. to Id. per lb. Com-
mon and middling descriptions were in rather better demand
than they have been of lite. but upon these there is no
altenition in prier to note. Madras, Pondichen7. Ice., sold
at about former prices. The analysis of the melee is 79,318
Calcutta new parcels, 57,425 brocght forward from former
wiles, awl 8,305 Wires, Pondicherry, &c., in all 145,013
hides, of which fr 3,706 were sold.
Feet India.—itoffalo brought previous rates.
Leather (East Indian).—Barlras and Bombay of good
quality was well competed for, and realised advanced priors.
Calcutta was only pert sold. Australian, only a portion of
the quantity offered found huyere.
Salted Hides.—Cape were in fair request, and sold at
very full prices. Australian were dull of sale, only a small
portion (chiefly light and second class hides) of the quantity
offered Bing sold. Priers in most instanoes were in
favour of buyers. The first heavy were nearly all bought
in ; the only lot sold showing a decline of gd. to Id. per
lh. South American.—The few sold were unimportant.
West Indian realised fair prices. Gibraltar were rather
lower.

Dtvatxl Drs• Salted Hi ter. —The Guatonalawere an bought
in. St Petersburg kips brought fair prima West Indian.
Owe and Mogadore sold well. Horse Hides :lsalted were
oely part sold at about late rates. Hide cuttings, glue
pieces, &c., were mostly d..,poed of.

TEICIPIDAT WITSI.
Console, which closed yesterday at 92. "buyers,"
cumdiv., for the 10th July, were first marked
this morning 00i ex div., and closed at 94 to