The Express.
London, England, 1861-05-04 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'Cuxa.

The funds to-day are dull, at yesterday's closing
quotations, with very little busineKs. Attention is
directed to the coming settlement. English railway
stocks continue to decline, owing to the apprehen-
sion of a decline in traffic.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Relates opened at
69fr. 10c., being Sc. lower than yesterday.
Consols are officially marked 91/ and 1 for
money, and 911 and for the account. The
present quotation i 51915 to both for money and
the 9th inst. The official business report is as
follows :—Bank Stook, 234, 232, ; Three per Cents.
Reduced, 90 ; New Three per Cents., 904, 90 ;
India Stock, 225 ; ditto, Five per Cent. Stock,
1011 ; ditto Scrip, 101/ ; ditto Bonds, 165., 18e.
dis. ; Exchequer Bills, 6a, 3a, dis.
The foreign stock market is quiet. Turkish
Bonds are lees dealt in, yet are steady ; the
Loan of 1854 is quoted 71 to 7Z and
that of 1858, 561 to 57. Mexican Bonds
remain heavy. Sales are recorded as fol-
lows :—Brazilian Four-and-a-Half per Cents.,
1860, 871 ; Mexican Three per Cents., 234 ; ditto
for account, 234, 1, ; Spanish New Deferred
Three per Cents., 421, 4 ; Turkish Six per
Cents., 1854, for account, 714 ; ditto Six per
ICeuts., 1858, 571, 57 ; ditto for account, 561,
57; Venezuela Three per Cents., 191.
The Tyne has arrived from Brazil with 104,0001
in specie.

HALF-PAST Two o'Otoca.
Coma' are still quoted 911 to 1, both for money
and the account.

About 5,0001. in gold was taken to the Bank yester-
day, and more is expected to follow, in the aboeuce
of active inquiry for the Continent. The 126,0001.
by the CalilUloo will be delivered to-day. The ar-
rival was announced yesterdayof the Empress of the
Seas, from Melbourne, with 20,0001. The arrival
of the large supply of silver by the Mexican packet
obviates the necessity of importations from the
Continent, and of shipments of gold from this aide
to pay for it. The demand for silver for the East
is not active, and the market for this metal is eon-
sequently very fiat, at a reduction in price.
The continental exchanges yesterday afternoon
were again firmer, with a favourable tendency. The
exoeption was in the Austrian exchange, which con-
tinues to decline, in proportion as the prospects of
peszage:,:c:/e. Subjoined is our usual list
Smooths, ILIBI to 191 ; ditto 3 days, 11.161
to 17; ILlA•ariaaaS months, 11.19 to 1 ; Antwerp, 3
eses 15.46 to 60 ; Masa, Loco, 3 months,
13.74 to 8; Paris, 3 days, 15.17 i to 221; ditto, 3 months,
15.50 to 5 ; lirrasktert-mkhe.Mems, 3 months, 1181 to 1 ;
Petersbeq; (ysr nestle), 3 swaths, 331 w 1; Vienna, ed.
tio., S tsoatas. U.S to 15 ; Trieste, eff. 80. S months,
15.5 to 15 ; Madrid, 3 moth; 48j to j ; Cadia, 3 months,
481 to 49 ; Leghorn, 3 mouths, 25.671 to 721 ; Genoa, 3
mouth, 25.62 to 71; Milan, 3 mouths, 25.60 to 5 ;
Maple', 3 most 391 to 1; Palermo, 3 months, 1171 to j;
Memino, 3 months, 1171_ to 90 days, 521 to
Oporto, 90 days, 521 to 63.

- - is
Subjoined Augment of the rates of discount
now current in the principal continental cities, viz. :
Soak Rate. Open Ntaket.
Perk 5 per Oent. ... 44 per Om&
Thema 5 „ „
Nam 1
AmMordara
Brussels
Tuna
Hamburg Ito Mak rare ... 24 „
The Liverpool cotton market yesterday was firm,
with sales to the extent of 10,000 bales.
As it was understood that the arrangement& for
sustaining the embarrassed houses in the Levant
trade have not been entirely successful, consider-
able anxiety was evinced yesterday. It transpired
that the bills of six houses in this branch of business
bad been refused payment in the morning, the
bankers' direction being "Present again at 2
o'clock." We are glad to be able to state
that at that hour the whole of the bills
were met except by one important house, that of
Masses. P. Have and 00., who have suspended
payment. This course is considered the moat ad-
visable under the present difficult circumstances,
although Messrs. Maya and Co. are understood to
I possess a large surplus. Their direct liabilities will
probably reach 120,0001. It will be recollected that
a house of the same name stopped payment at Mar-
seilles a few days ago. The exertions made by the
Greek firms are of the moat remarkable and credit-
able character.

In the case of the Faringdon and Wantage Bank
(of Messrs. Barnes, Medley, and Co.), which
stopped payment on the 10th April, Messrs.
Harding, Mullein, and Co. have issued notices of
the payment of the first dividend of fis. in the
pound. The dividend is payable to-day (4th
instant), at both the Faringdon and Wautage
branches. _ .

The Caledonian Railway traffic return shows this
week an increase of 492/.

At the meeting to-day of the Assam (Tea) Com-
pany the directors' report, which announced a
steady improvement in the affiiirs of the company,
was unanimously adopted. The dividend declared
was at the rata of 12 per cent., free of income tax.
The return of the Bank of England for the week
ending Wednesday, May 1, compared with that
for the previous week, shows the following changes :
Circulation issue
Circulation active
Public deposits 6,578,01 Increase 820,916
Other deposits 11,180,811 Demean 1,4Z4,264
Government securities la

falkingdepart;sent 10,272,038 No thane.
Other peewit's, in banking
deportment
Coin and bullion is both

depansosets 12,838,648 Decrease 278,301
flevers day and ease MY 662,881 Decrease 21,013
The Emil
.4 Inman
.23.,7:48

Notes in none
Tots] morn (notes & coin) ii 307,645 Dianna WOW
in booking deportment T. 008,343 Duran 1i46,121

These changes are of rather an unfavourable char
raster, and point to an increased demand for money.
The decline of more than half a million in the re-
serve is principally caused by the heavy decrease in
the private deposits. The decline in the bullion
arises chiefly fro... the decrease of 177,4061., which
has taken place iu the amount of silver bullion.
The Indian government are shipping to India the
silver lately contracted for with the Bank.
The Ocuette specie statement for the week ending
Wednesday last gives the following totals, viz.:
Imports of gold, 74,4791. ; exports of gold,
202,1731. ; imports of silver, 696,580/. ; exports of
silver, 382,2891.

BANE OF I.NOLAND.—An
mad Sth Vlc., c. /t 2, fur the •
1, 14161.

1411 t parnant to the Aes Tth
eadiug uu Wodueaday, May

-18.1011 DM
Notes Woad 426,611,950 i

00ieninleat drbt.. L 11,015,100
Otlicrwevirities . . 3,460,000
Gold coin and lad-

lion
Wlvar buliloa

Z26,514.1/50
DAMILIDO DI
Proprietors' Capital E 1 4.663.000
Rest
Public Deposit. Ile-
chub ng Matey.,
Aar. Beaks, Com-
mis, of NaUosal
Debt, aad
Accta.)
Other Deposits.
&Yen daysad other
lints

L 21,511,960

PARTMECT.
00 vernment Seca-

riues oucluctiog
bead Weight... -
'369y)
Other 86eurilles
Notes
Gold sod lever
Coin 798,698

L36,105,118ei
MAY 2. 11161. 1

/2.6,166,3114
ILUISHALL. OM Cashier.

FRIDAIr ETOIIII4.

Consols, which closed yesterdayalßl "
for money and the 9th inst., opened this morning at
91/ to 92, and closed at 91f to I. For the June
account the last price was 92 to A. The supply of
stock being ample, the " continuation" to the
June settlement was to per cent. The official
business report is as follows :—Three per Cent.
Consols, for money, 92, 911, ; ditto, for account
(May 9), 91/ ; Three per Cent. Reduced, 90A, 90 ;
New Three per Cents., 90A, 90 ; Bank stock,
2321, 232 ; India Stock, 222 ; ditto Five per Cent.
Stuck, 101/, 102, ; ditto Scrip, 101/ ; ditto Four

per Cent. Debentures, 1848, 962 ; Five-anda-Half
per Cent. " enfaced " rupee paper, 1004.
The Indian Five per Cent. Stock was rather
dull, at 1011 to ; the Five per Cent. rupee paper,
at fln to 941 ; the Five-and-a-Half per Cent., at
100 to and Exchequer Bills, at 6e. to 2s. dia.
The demand for Turkish Bonds was again active
this morning, and a further considerable rise
occurred, particularly in the Loan of 1858, which
touched 08. The ernbarramments in the Greek
trade formed *uhsequentl7 the ostensible cause far
I a relapse. The closing price was 564 to 57, being t
per cent. below that of yesterday. The Loan of
1864, after being marked 721, left of 1 per cent.
lower than yesterday at 711 to /. Mexican
Bonds close flat, at 23i to
There was no alteration to-day in the market for
Bank shares. Canada Land, Peninsular and Orien-
tal Steam, and Red Sea Telegraph were quoted
better, and South Australian Land lower. Great
Ship remain quoted 4a. 6d. to be. The shares of
the Trust and Loan Company of Upper Canada
were officially marked 12 prem.
The closing quotations for shares in new under-
takings to-day were as follows :—Ocean Marine In-
surance, n to 4 pram. ; Thames and Mersey
Marine, 1 I-16 to 1 3-16 prem. • Universal Marine
Insurance, to 1 prem. ; London and Provincial
Marine, 1 die. to prem. ; Bast India Irrigation,
to 1 dis.; and Natal Laud, to i prem.
Virginia Six per Cent. Dollar Bonds were quoted
43 to 47.

Ottoman railway shares were again inquired fur
to-day.