The Express.
London, England, 1861-01-12 00:00:00

MONEY MARKET.-{THIS DAL)

Two o'CLocc.

The funds to-day are quiet at yesterday's prices.
The returns issued by the Banks of England and
France have not tended to produce a more cheerful
feeling. Further news from the United States is
looked fur with interest. In the share markets
I there is a great lack of business. As regards
British railway stocks, offers still predominate, and
an average reduction of i per cent. has taken place.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentee opened at
&Mr. 20c., being the same as yesterday. The
Bourse is described as " quiet."

Consols are officially marked 91 and for
money, and 92 for the account. The present
quotations are 912 to f for cash, and 92, " sellers,"
for the 7th February. The official business
report is as follows :—Bank Stock, 232 ; Three
per Cents. Reduced. 912, f, ; New Three
per Cents., 91i, 2,2, ; Thirty Years'
Annuities, expiring in April, 1885, 162 ; India
Five per Cent. Stock, 1002, ; ditto Bonds, 75.,
12s. dis. ; Ixchequer Bills, 65., be., 2s. die.
There is no alteration of importance in the
foreign stock market. Business is limited, and
prices are generally quoted the same as yester-
day. The Turkish Loan of 1854 remains
quoted 70 to }, and that of 1858, 56 to
Sales are recorded as follows :—Braailian Four-
and-a-Half per Cents, 1860, 86, 852 ; Buenos Ayres
Deferred, 292 ; Dutch Two-and-a-Half per Cents. ,632 s
ex div. ; Mexican Three per Cents., for account,
21, ; Russian Five per Cents., 104 ; ditto Four-
and-a-Half per Cents., 93, ex div. ; Sar-
dinian Five per Cents., for account, 811 ;
Spanish Three per Cents., for account, 482 ;
ditto New Deferred Three per Cents., 402, ex
div. ; ditto Passive, 1.7 f ; the Committee's Certi-
ficats, at, f ; Turkish Six per Coats., 1858, for
account, 561 ; ditto 1001. Bonds, 58.
The Niagara has taken to-day 190,0001. in specie
for the United States.
_

HALF-PAST Two o'Cioca.

Consols are slightly firmer, at 91 15-16 to 92
1-16, or exactly 92, for the February settlement.
For money, the price remains 914 to 4.
In the discount market the supply of money con-
tinues large, arising partly from the payment of the
dividends, but there is little disposition to take
bills below the Bank rate in the present uncertain
condition of the market. The increasing inquiries
for good six months' bills, however, indicate that
the existing state of tension is not generally ex-
pected to be of long continuance.
The fortnightly settlement in shares and foreign
stocks will commence on Monday (" continuation
day"), and terminate on Wednesday.
About 20,0001. in bar gold was taken from the
Bank yesterday, probably for Spain, besides 20,000
sovereigns for exportation to the United States by
the Niagara, which will leave to-day. This
vessel is expected to take a large total drawn front
the Liverpool branch.
Upwards of 300,0001. of the silver received from
the Bank of France was withdrawn from the Bank
of England on Thursday ; the bulk of it goes to
Bombay by the steamer of to-day.
The Ellora, which is to sail to-day, will take
366_,0271. in silver and 16,3601. in gold for Bombay.
The foreign exchanges yesterday afternoon were
generally steady at the late improvement. Sub-
joined is our usual list :
Anwleritass, $ mouths, 1118 to j • ditto 3 days, ILI6
to 4 • Rotterdam, 3 months, 11:184 to j ; Antwerp,
3 moths, 15.45 to 74 ; Ram ms Memo, 3 minim,
13.74 so 4 ; Paris, 3 days' t, 15.30 to 5 ; ditto
3 25.65 to 75 • ort-emtheMaine, 3
months, 118 to 4 • Petarburg (par rouble), 3 months,
74;1 1 off. So., 3 mouths, 15.80 to 65
lII* 3 mouths, 15.10 to 65 ; Madrid, 3 months,
linli:o6.l • °oda; 3 mouths, 49 to j ; Leghorn, 3 mouths,
ASO Wife; Bence, 3 months, 35.80 to 5 ; Milan, 3
mths, 35.80 to 5,• Naples, 3 months, to ;
Pe oulona°, 3 swathe, 119 to j ; Marina, 3 months,39j 119 to
; Lisboa, 90 days, 521 ; Oporto, 90 days, 52‘ to 53.
The Directors of the Union Bank of Australia
have resolved to declare a dividend of 12 per cent.
per annum, at the meeting of proprietors on Mon-
day next.
At the half-yearly meeting of the East and West
India Dock Company, held yesterday, a dividend of
3 per cent. for the six months was declared.
A general meeting of the proprietors of the Law
Life Assurance Society is called for the 2nd Feb.
The Caledonian Railway traffic return shows this
I week an increase of 1,0731.
The return of the Bank of England for the week
ending Wednesday, Jan. 9, compared with that
for the previous week, shows the following changes :
Circulation isms £26,971,915 Demme E 439,495
Circulation active
Public deposits 3,737,307 Decrease 3,538,509
Other deposits 15,477,425 Imams 2,152,931
Government seesdlisa is _ _ _ _

—Wilmieuimg;ri iepartunas .7 10,019,721 Isonise 531,553
011icataes baahiss
d•pertment
Ocia sad banks in both
- -

departatato — 12,175,386 Decrease 477,453
Seven day ad other bills 662,833 Increase 7.2,416
The Bert

Notes is maw ,
5,518,05 DIMINO 381,700
Total roam (notes& coin)
in basking deportment 6,198,588 Dantean 419,458

Theme changes are of rather a reassuring cha-
racter, for the decrease in the coin and bullion
does not exceed the amount for which the public
were prepared, whilst the draught upon the reserve
is unusually light, considering that the payment of
the dividends commenced on Wednesday. The
decrease in the private securities marks the repay-
ment of the quarterly advances to the Bank. The
increase in the government securities held by the
Bank must be due to some special operation.
The Gazette statement of the movements of the
precious metals for the week ending Wednesday
last gives the following totals, viz.: Imports of gold,
119,6861. • exports of gold, 846,1561. ; imports of
silver, 450,640/. ; exports of silver; 162,3581.

BANK OF 1-VOLAND.—An Account pennant ta the Act 7th
sad elk Vic., c. to the week ending on Wednesday, Jen.
0, VIOL
TEM Dwiwintiorr.

Notes ironed al7,"oirdna&;;;;;jeot debt.. 411,611,103
Other securities ... 5.460,900
(fold coin and bul-
lion
lifter

gint71,916
Denting DI
=rietsts' capita £143, ,643,00:1
284411
Public Depodta (la-
eluding Matsu
Bay. Beaks. Com-
mis. of National
Debt, tad Div
Aida) 3.737,101?
Other Degerita . 11,477,411
Breen dayaadothee
DUD team

ats,sn,us

-oe;ernsient Peen.
Otis* Onelading
Dead Weight An-
nuity)
Other isotuitles 21,499,706
Notes
Gold and Bilvee
Coln 0711,4T1

07 moots

637,716.075
ILABBRALL. Gillet Cashier.

Jaa. W, UAL

FUDAT Evringo.

Consols, which closed yesterday at 91 15-16 to
92 for the 7th February, were to-day alternately
"buyers" and sellers" at 92, and were offered at
the close at that price. For money the last price
wee 911 to 1. The official business report is as
follows :—Three per Cent. Consols, for money,
911, 1, ; ditto, for amount (Feb. 7), 92 ; Three
per Ceuta. Reduced, 9_l_l, 1, ; New Three per
Cents. 914 ; Thirty Years Annuities, expiring
in April, I-885, 14 ; Bank Stock, 234, 232 ; India
Stock, 219 ; ditto Five par Cent. Stock, 1859,
1001; ditto Four per Cent. Debentures, 1858, 951, I,
96; Five per Cent. "enfaced " rupee paper, 94.
The India Five per Cent. rupee paper remains
quoted 94 to 95 ; and the Five-and-a-Half per
Cent., 100 to 101. Exchequer Bills have again
declined is., leaving off at la. to 2a. dia.
In the foreign stock market there was no move-
ment of importance. The Turkish loan of 1654
closed at 70 to A : that of 1858 at 50 to ; and
Mexican Bonds at 21 to 1. Spanish Passive bonds
rennin heavy.