The Express.
London, England, 1857-11-16 00:00:00

MONEY MARKET.-THIS DAY.

Two oTtoow.

The funds opened with firmness, but a few
sales have since been preatte4 and the market has
become Setter. Present quotations are 1 per cent.
below these current at the close of business on
Saturday.
Consols for the 7th Dee. were first marked 90,
then 901, and are now quoted 891 to 1. For money
the present price is 891 to 1. The Three per
Cents. Reduced are marked 881, 881, and 881; the
New Three per Cents., 881, 1, and' ; Bank Stock,
211; India Stock, 214; Exchequer Bills, 20e. to
15s. dis. ; Exchequer Bonds, 1858, 98 to ; dkto,
1859, 97 to 1.
Turkish Six per Cents. are steady at 871 to 881 for
the new account. The Guaranteed Four per Cents. are
in demand and most other foreign stocks steady.
We* are recorded as follows :—Brasilhut Old Five
pee Cents., at 99 ; Chilian Six per Cents., at 101 ;
Dutch Two-and-a-Half per Cents., at 84 and 831;
Mexican Bonds, at 18 ; Peruvian Three per Cents.,
at 52 ; Portuguese Three per Cents, 1853, at
43 ; ditto for account 30th November, at 421 ;
Spanish New Deferred Three per Cents., at 864;
Turkish Six per Cents., at 88 and 871 ; ditto,
Guaranteed Four per Cents., at 97; ditto, for ac-

ostmt, at 97, 981, and 971.
The amount of gold shipped on board the Essex,
which sailed from Melbourne for London on the
6th of September is as much as 106,166 ounces, or
about 421,0001. The Seringapatam bad also sailed for
Liverpool, with 12,180 ounces, worth 48,7001.
Great satisfaction is expressed at the new; that
the banking panic in Scotland has subsided, sag that
the notes of the Western and City of Glasgow Beaks
are now being taken in the ordinary way of hazi-
ness by the other local institutions. This step is
greatly calculated to reassure the public. The ad-
vice. from Liverpool, Manchester, and other great
seats of trade, concur in declaring that the news of
the suspension of the Bank Chatter Act has been
the signal for universal rejoicings.
It is thought that the shipments of silver to the
East, by the packet of the 20th inst., will be below
half a million.
_ .

The amount of specie taken on Saturday by the
Africa, for New York, wag about 58,0001., of which
• portion was on foreign account.
At Hamburg the rate of discount has receded from
10 to 91 per cent.
The Bank of England on Saturday purchased
about 3,0001. in Russian gold.
The Atrato has arrived at Southampton from the
West Indies and Isthmus, with about 165,6001. in
specie on freight, of which the whole is described as
gold, except about 26,6001. in silver.
The other imports of the precious metals re-
ported last week comprised about 36,0001. in gold
from Russia ; 20,0001. by the Asia, and 1,9001. by
the Kangaroo, both from New York ; 12,0001. by
the Minna and 18,0001. by the African, both from
Constantinople; about 10,0001. by the Ethiope, from
Africa ' • 206,6001. by the Avon, from Melbourne ;
1,0821. by the Teviot, from the Brazils; and 7001.
by the Alhambra, from the Peninsula.
The total value of the week's arrivals is about
436,0001., nearly all in gold. In addition, the illl-
- of silver into the names from the Continent
this week are known to have reached at least
373,0001., inclusive of 26,0001. brought on Friday by
the Albion, from Boulogne. Considering the dimi-
nution in the demand far the East, the magnitude
of the imports of silver excites some surprise. Some
portion of these supplies appears to be even now in
course of shipment back to the Continent.
The Custom-house statement of the exports of the
precious metals direct from London includes last
week only 3,080 oz. of gold, but 102,400 oz. of silver,
representing a total value of about 37,0001. The
particulars are as follows, viz. Gold coin, to
Boulogne, 3,080 oz. Silver coin, to Rotterdam,
84,000 oz. ; to Belgium, 18,000 oz.
The other shipments have comprised 20,0001. by
the Atlantic, about 60,0001. (as above stated) by the
Africa, and 1,3601. by the Vanderbilt, all three for
New York, and 3,3001. by the Tamar for Alexandria.
The total ascertained shipments of the week as
officially reported are thus raised to about 128,0001.
The bulk of the 206,0001. in gold brought from
Melbourne by the Avon, according to present ap-
pearanees, will go into ie Bank.
The ship Great Britain sailed from Sydney for
London oa the 3rd of September, with 6,7001. in
d.
The advice. from New York, by the North Star,
report the exchange on London again somewhat
higher, and even intimate the probability of • por-
tion of the sovereigns taken out by the Persia being
shipped back to this country. Subjoined is an
extract of a letter from a firm of standing, dated
New York, the 30th Oct. It speaks much more
hopefully. Chief anxiety is at present felt in
England to learn what effect will be produced in
New York by the news of Mears. Dennistoun's
stoppage and of the violent disturbance in the
London market: _ _ _

15711;g7ht;I:ei week oar stock market has shown more
activity and buoyancy than at any time for the last six
works. The advance has been important and quite general
in all our first-clam esenriese.
Our solvent railroads which have been in difficulties, such
is the Illinois Central, Michigan Central, and New York and
Erie, will probably new resume payment. The Illinois
Central has already normard the payment of its coupons, and
the Erie has continued throughout to pay this clam of its in-
debtedness on presentation.
The stock and bonds of the above roods continua to improve,
and are selling now at better prices than before the sus-
pension.
The greatest drawback to a rapid improvement in our
monetary affairs is the utter eonfueton into which our foreign
sad domestic exchanges have been thrown. This difficulty
is at present lees severely felt, and we hope to as. a gradual
and permanent improvement.
A petition for the winding up of the National
Deodorising and Manure Company (Limited) is to
be heard in the Court of Bankruptcy on the 25th
instant.
An eighth call of 61. is to be paid on the shares of
the Asylum Life Assurance Company by the 14th
December.
Messrs. N. M. Rothschild and Sons advertise the
half-yearly dividend on the Brazilian Five per Cent.
Loan of 1843 (Empire fund), and the Brazilian
Four-and-a-Half per Cent. Loan of 1862.

BATCSDAT Evnento.

The funds opened quietly this morning, but soon
exhibited a strong upward tendency, notwithstand-
ing the heavy mass of stock which has been pressed
for sale during the lost week on banking account.
During the whole of the afternoon marked firmness
was shown, and the closing quotations were j to
per cent. higher than those of yesterday.
Consols, which were quoted at 4 o'clock yesterday
89/ for the 7th December, were first marked this
morning 891 and 891, advanced to 901, .‘ buyers,"
and closed at 90 to /, the price for money being
atthe same time, 891. After the recognised hours, the
quotation for the acccount improved to 901,
buyers." Tne official business report is as follows:
—Throe per Cent. Consols, for money, 891, 89,
89j, 89/, 891; ditto, for account (7th Dec.), 89/,
891, 90. Three per Cents. Reduced, 88, 881. New
Three per. Ceuta., 881, 881, 1. 1. Long Annuities,
expiring in January, 1880, 2, 2 1.10. Bank Stock,
213. -India Stock. 214. Throe-and-a-lialf per
Cent. Exchequer Bonds, falling payable in 1868,
981 ; ditto, 1869,971.
The New Two-and-a-Half per Cents. were also
officially marked 741.
Exchequer Bills were quoted 235. to 16s. dis.
Turkish Six per Cents. advanced about 1 per
cent., closing at 871 to for the present settlement,
and 871 to 881 for the 30th inst. The Guaranteed
Four per Cents. were lut quoted 981 to 971. In
other foreign stocks the transactions were more
numerous. Buenos Ayres Bonds were marked 84.

TUE INDIAN AitYY.—The following gentlemen
having obtained nominations to the Indian army. passed the
reqmired examination on the 3rd inst. H. F. Campbell,
CI. Comm:Baker, A. F. Gerard, K. Protium, G. C. B. Taylor,
John Biddalpli, W. A. Sirup, T. J,Catton, C. R. Craw-
ford, F. }libber*, Alen. Milner, W. H. J. Stopford, J. U.
Walltr.-41ters's Indian