The Express.
London, England, 1857-12-23 00:00:00

THE EXPRESS, WEDNESDAY EVENING, DECEMBER 23, 1857.

SEA= LISTS-21118 DAL

Two 0'0144.
The runway share market to-day has experimillai
sersral emanations. London and North Warmth!
stook has receded to 96t01; and Laneaahire sad
Veritably, 93 to ; Great Western is quoted 64e to
66; Midland, 811 i tot* ; Great Northern, 941 to
par share ; London and Booth-Western, 46i to 47;
and Eastern Counties, it eto I. Matothw de-
scriptions an steady.
All the Indian stocks are in rod request and
firm, owing to the satisfactory intelligence from
India. Pernambuco shares are flatter, being last
marked par. Grand Trunk of Canada are in fair
request. Most other foreign and colonial descrip-
tions are fairly supported at the recent lacunas.

Wely. •

1•4, 1110.

Olti
ft
Pi
0.1
Oral al
SI

14S 1 II
/11

Pi l

lt i Ii
91 Si

essif
as

64 I
asi
10

' Pi 7
ad
ad
diad

lii li

Ili I
111

I sek
I 1 Ps
i 4
te I

gt I
N
IN I
IN i

MONEY MARKBT.-TBIS DAY.

Two o'CLocc.

l'i i I is
al

The funds wetted this morning with firmness,
but afterwards receded. Renewed firmness was then
induced by the news that Lueknow has been
relieved, but the market is now rather flatter again.
Prices arc now quoted 1 per cent. lower than at 4
o'clock yesterday.
Consols for the Bth January were first marked
931 and 931 ex div., fell to 921 to;, recovered to 93
to I. and are now quoted 93, "sellers." The Three
per Cent. Reduced have been dealt in
at 93 to 931 ; the New Three per Cents.
at 931 to 93;; Bank Stock, at 217 to ; Exche-
quer Bills, 4s. to le. dis. ; and Exchequer Bonds,
11839, at 98.

Turkish Six per Cents. are a little flatter, at
961 to 93/ ; Mexican Bonds are also more offered.
Business in foreign stocks is generally quieter. Sales
are recorded ea follows :—Dutch Two-and-a-Half
per Cents., at 641, 64, and 645 ; Mexican Bonds,
at 195 ; ditto, for account (Slat Dec.), at 19&,
t, and 1; Peruvian Four-and-a-Half per
Cents., for account, at 765; Russian Four-and-a
Half per Cents., small bonds, at 90 ; Sardinian
Five per Cents., for account, at 835 ;
Spanish New Deferred Three per Cents.,
at 26 Turkish Six per Cents., at 96/ ; ditto
for account (December 31), at 93/ to 96i; Vene-
zuela Active Bonds, for account, at 295.
At Paris, to-day (Wednesday), according to 31.
Renter's telegram, the Three per Cent. Renter
opened at 87fr. 75c. ex die. for the account, and were
quoted at half-past one o'clock at the same price,
being the same as yesterday.
The result of the weekly court at the Bank
of England to-morrow is looked for with much
interest. It is universally felt that a reduction of
two per cent. in the Bank rate is imminent. The
interests of the speculators in the stock markets
would be beet promoted by an immediate reduction
to that extent, bat the more reasonable expectations
of the public will probably be satisfied if the direc-
tors lower the minimum rate to nine per cent. to-
morrow, and to eight per cent. on the following
Thursday—the last day of the year. Some imme-
diate relaxation is evidently demanded by public
opinion, and as the position of affairs at least war-
rants a reduction of one per cent. to-morrow, it is
hoped that the directors will not delay the altera-
tion. The demand at the Bank continues light, and
from the magnitude of the repayments to the esta-
blishment, its " reserve" most now be largely in-
creased. The amount of gold purchased by the Bank
yesterday was about 208,0001., chiefly in bars and
United States coin, together with some coin from
Russia and the Levant. In addition, about 150,0001.
in sovereigns ex the Africa, from New York, is stated
to have been sent into the branch of the Bank at
Liverpool. The total stock of coin and bullion is
calculated to be now approaching ten and a half
millions sterling. The return last published stated
lit at 9,460,8661.

In the dwcount market the current rate for good
bilk is about nine per cent., but numerous tranaac-
dons take place u low as 8 per cent. When the
Bank reduce their terms, the rates in the open mar-
ket will probably be still lower.

The downward movement in the value of money
on the Continent seems to have fairly set in. Private
letters from Paris express an anticipation that the
Bank of France will reduce the rate of discount to 5
per cent. at the end of the year. Gold is still flow-
ing into that establishment from the Levant and
from other quarters. At Berlin on Monday the Bank
of Prussia lowered the rate of discount to Si per
cent. At Hamburg first class bills are discounted at
4 to 5 per cent, and the new Exchequer bills at 4
per cent.

- The Kangaroo has arrived at Liverpool from New
York, with 50,0001. in specie.
The Orinoco is expected to arrive at Southampton
from the West Indies and Mexico about the let Jan.,
with a very large amount of specie.
About 60,0004 in silver arrived in the Thames
on Monday from the Continent.
The foreign exchanges yesterday afternoon exhi-
bited a general fall, the reduction extending to bills
on Holland, France. Frankfort, and more especially
Hamburg and Vienna. The quotations were still
rather irregular, but the general feeling on 'Change
was more confident. The downward movement in
the exchanges is of course calculated to check the
influx of gold from the Continent, but is a natural
consequence of the easier tendency of the money
market here. The current quotations are aa follows:
Amsterdam, three months, 12.01 to 11 ; do., short,
11.16 to 17 ; Rotterdam. three months, 12.01 to 11; Ant-
werp, three months, 25.70 to 6 ; Hamburg, three months,
13.4 to 14 ; Paris, short, 26.224 to 321; ditto, three months.
26.70 to SO ; Prinkfort-oa-the-Maisa, three months, 121
too 1 ; Petersburg, three toontha, 23 to 1 ; Vienna, three
mnths, 10.60 to 65 'hide* three months, 10.62 to
71; Madrid, three months, 461 to 7 ; Cadiz, three months,
47 no 1 ; Leghorn, three months, 30.60 to SO ; Genoa,
three months, 26.6 to 15 ; Naplea, three months, 401 to ;
Palermo, three months, 122 to 123; Messina, three months,
122 to 123; Lisbon, 90 days, 61 to 1; Oporto, 90 days,
82 to 1.
A number of small failures continue to be an-
nounced from day to day. Yesterday the acceptances
of two houses were returned, viz., of Mr. Pinto
Auto, Spanish merchant, and Mr. Van Specht,
foreign merchant. In each Me the liabilities are
understood to be limited.

Subjoined is a circular issued yesterday by Messrs.
William Dray and Co., engineers and agricultural
implement makers, whose liabilities are estimated at
60,0001. or 70,0001.:
Swan-lane, City, Dee. 22, 1867.
Gentlemen,—We regret to announce to you that from the
pressure of our engagements and the difficulty of obtaining
remittances, we have been compelled to suspend payment.
We have placed our accounts in the hands of Yews. Ter-
emend, Youngs., and Co., who will, at the shortest pwbla
period, submit a statement to a meeting of our creditors, of
which notice shall be sent you. In the meantime we trust
we may depend on your kind forbearance.—Your most obe-
dient eervants, WILLIAM DRAY ••1D Co.
Some descriptions of produce are beginning to
exhibit more firmness. There was a rather brisk
demand for sugar yesterday, and in some eases an ad-
vance of fid. per cwt. over the best quotations of last
week was paid. There were some transactions in
cotton at an advance of td. per lb. over the low
quotation recently established at the public sales.
A call of 51. is announced upon the shares (of the
issue of April, 1857) of the Buffalo and Lake Raton
Railway Company, payable as follows, viz., 21. 10s.
on the 20th of January, and 21. 10x on the 20th of
February.

The half-yearly dividend is advertised on the Six
per Cent. Bonds of the Richmond, Fredericksburg,
and Potomac Railroad Company.
Holders of scrip of the Melbourne Dock and Rail-
way Company may on Monday next receive a final
return of capital of 35. 7d. per share.
. .

Subjoined are the latest quotations of insurance,
renal, and other miscellaneous shares, as given in the
last Stock Exchange list:
Insurance Shane :—Atlas, 16 ; Albion, 95 ; alliance
Britiatt and Foreign, 161 ; Crown, 19; ; English and
Scottish Law Ws, 4 ; Eng* : Guardian, 49 ; Imperial
Fire, 365; Imperial Life, 18; Indemnity Shrine, 120;
London and Provincial Lew. 21 ; Law Life. 63; ditto Firs,
31, ; Phrenix, 164 ; Royal Exchange, 277.
Canal Shun:—Birmingham, 88}; Cm•extry, 190; Grand
Junction, 47ex dia. • Kennetand Avon, 61; Leeds sad Liver-
itutt,; LeioneteU and Northampton, 13 ; Oxford, 106;
O; Regret 16; Warirkk and Napton, 9 ;
ham,
Wsreriek Birmingham, 24; Worcester and Birming-
-161,

Osa-alta Coke Companies :—Groat Central, Ilf, ; Jape-
dal, 70; ditto Damara, 200; London Parliamentary Pro-
forma, 271 , Plow, 47; Sued Metropolitan. 341, 04
United General, t 93, 20 ; Wean:igniter Cbartered, 50; ditto
Western B, S.
Wsterworks Stocks:—Berlin, 4; Grand Junction, 64
div. ; Luna* 96.
Bridges .—Hungsrfoid, 61; Vauban, 171.
Doak.:—London. 99; Southampton, 70; Victoria, 80k,
SI ; ditto, New, 10,10.

TIISIDAT El

The fund' opened this morning with a str
appearance, and soon advanced. At one period a fresh
rise of 1 per cent. was attained. Some influential
sales being then pressed, with a view to realise pro-
fits, a relapse of 1 per cent. took place. Towards the
close renewed buoyancy was showe, and the closing
quotations were 1 per cent. above them of yesterday.
In the share markets, prices fluctuated with Con-
sols, but in some quarters realisations predominated.
Some of the speculators, satisfied with the important
advance already established, evince a disposition to
close their accounts before the approaching settle-
ment, in the hope of being able to buy again on
lower terms for the next account.
Consols, which closed yesterday at 93, " sellers,"
for the Bth January, advanced this morning to 931
to 1, fell to 921 to 1, and bad recovered at the close
to 931, " sellers," ex div. The official business report
is as follows :—Three pmer Cent. Consols, for money
(shut), 94 with dir. ; ditto, for account (Jan. 8), 921,
931, 93, 931, 921, 921, ex div.; Three per Cents. Rs-
duced, 921, 931,93, 931, 921; New Three per Cents.,
93, 931, 931, 931, 931, 921 ; Bank Stock, 2181,
2171, 218/ ; Three-and-a-Half per Cent. Exchequer
Bond.s, falling payable in 1868, 98 ; India Banda,
20s. dis.
Exchequer Bills were dell, at 6s. to Is. dis.
In the foreign stock market the day's business
was considerable. Turkish Six per Cents. were first
marked 98/, were then pressed for male as low as 961,
and closed at 981 to 1, or the same as yester-
day. The Guaranteed Pow per Cents. were last
quoted tool to 1011. Brazilian,Mexican, Duteh2
ee
Portuguese, and other foreign stocks, were uiquid
for, and in some cases dearer.
In the market for bank shares today the
cipal inquiries were for Bank of Egypt and Ottoman
Bank. The former have advanced to 4to 3$ die.,
whilst the latter rose late this afternoon to 18 to 1.
National Discount and Victoria Dock shares were
inquired for. Australian Agricultural exhibit a fresh
ri,e of 11., and Canada Land a decline of 31. Crystal
Palace shares were dull, at 11, " sellers," but the
Preference stock wee somewhat firmer. Southampton
Dock shares were officially marked 70.