The Express.
London, England, 1857-01-09 00:00:00

MONEY MARZET.-THIS DAY.

Two o'CLooa.

The funds to-day have sustained • further
reduction of 4. per cent., the Bank refusing
to renew loans upon stock unless at 64
per cent., instead of 6 per cent., as
hitherto. The rate for bills of course remains at
6 per cent. This decision of the directors
is not received with anxiety, but it has ren-
dered several departments of the Stock Exchange
somewhat flatter.

Consols are quoted 93 to 94 for money, and 941
to $ for the sth of Feb. The Three per Cents. Re-
duced have been dealt in at NI to ; the New
Three per Cents., at 941 to 1 ; Bank Stock at 218
to 218 ; Exchequer Bills at ls. to 4s. prem. ; Ex-
chequer Bonds, 1859, at 981 to 90; and India Bonds
at par.
Turkish Six per Cents. are pretty steady, at
051 to $, and the Guaranteed Four per Cents. at
1031 to $. Other foreign stocks remain dull. The
sales are limited to Dutch Two-and-a-Half per Cents.,

at 641 ex div. (exch. 126.) ; ditto, Four per Cent.
Certificates, at 974 to ; Mexican Bonds, for the
16th of January, at 21t ; and Russian Four-and-a-
Half per Cents., at 90,1 ex div.
The Committee of Spanish American Bondholders
have convened a meeting of the holders of Venezuelan
Bonds for Tuesday next, the 13th inst.
The specie and bullion ex the steamer Orinoco
were in hand yesterday. The bar gold brought by this
vessel, vaned at about 100,0001. was taken for
transmission to the Continent ; but le silver remains
on sale.

The sold brought by the Montmorency from Mel-
bourne is not yet in hand. It is still believed that
the greater portion of this supply will be purchased
for the Continent.
The amount of specie shipped on board the Tamar,
which will leave Southampton to-day for the Brazil.,
is only 6,2911., of which 3,0001. is silver, and 2,2911.
in gold.
I n the Bankruptcy Court yesterday a private meeting
was held in the case of the Royal Bntish Bank, the
object being to discus a great number of applications
on the part of shareholders to prove us creditors
against the estate. It was contended on the part of
shareholders that the Um of new shares was made
in fraud, and that the parties who have taken them
up aro not bound by their contract, and consequently
become creditors of the bank for the amount paid by
them. . .

Advice. from New Zealand refer to a project for
getting the home government to guarantee a loan of
MR a million sterling, to be raised in England, for
the benefit of the colony.
Subscription lists have been opened at the London
and Eastern Bank for the benefit of the widows and
orphans of the officers and crew of the Belgian mail
steamer Violet, the wreck of which has caused so pain-
ful a sensation. By this melancholy event thirteen
women and twenty-seven children have been de-
prived of the means of subsistence. Mr. Church-
ward, the manager of the company, has given WI.
towards the fund; and we cannot doubt that sub-
scriptions will flow in freely.
Forged certificates for 400 shams in the Peelßivcr
Land and Mineral Company were yesterday pre-
sented at the company's office. The board hereupon
announce their intention of forthwith calling in the
existing share certificates and issuing new cer-
tificates, in conformity with the Joint-stock Com-
pany's Act of 1856, conferring limited liability,
' under which this company is now constituted. The
board add that " the company has not incurred any
liability whatever in this attempted forgery of cer-
tificates, which did not purport to bear the seal of
the company, and ought not to have deceived any
person exercising ordinary caution."
A company has been formed, under the title of the
Thames Iron Works and Ship-building Company
(limited), to carry on Mr. Mare's works, at Black-
wall. The capital is fixed at 100,0001., in 20 shares
of 5,0001. each, the whole of which, we arc informed,
have been subscribed for privately. The directors
are Messrs. Peter Rolt, J. Kelk, J. and C. Mandalay,
I. Ford, and 1). Stewart Dykes.
The Onde Railway Company announce that the
allotment letters will be issued on Monday next, and
the scrip certificates on the 19th inst.
The receipts of the Stockton and Darlington Rail-
way, for the month of December were 26,0101., being
2,5061. more than in December, 1855.
The directors of the London and North-Western
Railway will receive tenders until the 28th inst. for
widening the railway between Primrose-hill tunnel
and Willesden Station.
The half-yearly meeting of the London, Brighton,
and South Coast Railway Company is called for the
29th inst. The retiring directors are Admiral Laws
and Mr. William Coningham, who offer themselves
for re-election.

Relative to the market for American securities,
Messrs. D. Bell, Son, and Co. remark as follows

The market fOr AMerican securities continues active.
Daring the pent 'week there has been a better wpppply of State
Stacks, of which them have boon some
chases for investment. In railway bonde also there has per
more business, more particularly m Midden Central Eight
per Cent. Bonds and the lllioru Central Seven per Cont.

9; report of Mr. E. F. Entterthwaite is sub-
joined :
The market ter American acuities in London has been
inn during the pest week, with a good inquiry for Illinois
Central Shane and Construction Boe,_ for New York Cen-
tral, and Michigan Central Shores and Convertible Bonds—
all of which bare brought rather higher rates. We note
moderate transactions in Brie Convertible Bonds, sad a few
transactions in the Detroit and Milwaukee Bends.

THUS/DAT EVININO.

This hu been a very quiet day in the Stock Ex-
change. With the exception of the payment of
" differences," which will take place to-morrow
morning, the monthly settlement in Console has now
been completed, and has led to scarcely any varia-
tion in price. The quotation of Consols for the Fe-
bruary account closed to-day per cent, lower ; but
the price for money remains the same sa for the last
two or three days. The market derives support from
the anticipation of re-investments of the dividends,

the payment of which commenced this day. The
repayments to the Bank and to other lenders were
very heavy, but the supply of money in the general
market continues ample. Probably the effect of the
dividend clisbursementa will be more perceptible a

few days hence. To-day the settlement in Consols
naturally occasioned some demand in the Stock Ex-
change.
C nsols for money closed the same u yesterday
at 94 to/ ex div. The price for the 6th Feb. was
quoted in the morning 84; to I, and closed at 94/ to
f. The official business report is as follows :—Thres
per Cent Consols, for money, 941, 94, HI, ex. div.
iitto for account, 6th Feb., 94} ; Three per Cent
Reduced, 841, 4,, f, ; New '!'brae kieF Cents, 9414
!,1, 1 ; Thirty years Annuities, expiring in April,
1886, 18; Bank Stock 2181, 218. India Stock, 219/.

Exchequer Bills were rather flat, at par to 3s.
prem. Exchequer Bonds maintain 98j to 99. India
Bonds were quoted par to 4s. prem.
Foreign stocks were well supported, except
Turkish, which showed flatness. The Six per
Cents. closed at 931 to 1, and the Guaranteed Four
per Cents. at 1031 tot. The reduction in the former
case since yesterday amounts to per oent., and is
the latter tot per cent. After the close of the Stock
Exchange, however, there was more inquiry for the
Six per Cents.
Ottoman Bank shares were premed for sale to-day,
and closed at 2 to 1 j die. ; Bank of Egypt shares
were last quoted t dia. to par ; National Discount,
to 1-16 prem.; ditto, new shares, t to t prem. • Lon-
don
Discount, Ito It dis. ; and General Bank of
Switzerland, to 1 dn. The shares of the English,
Scottish, and Australian Chartered Bank continue
to creep up. Other bank stocks were steady.
Crystal palace preference shares were better. Land
and steam shares showed steadiness. South Aus-
tralian Government Six per Cent. Bonds are marked
1011*
The nominal closing quotations for the newly
projected railways arc subjoined, viz.: North
Holland Railway, 1 to I prem. ; Purijaub Railw
ay,ia
tto t prom,; (hide Railway, to prem.