The Express.
London, England, 1861-06-27 00:00:00

MONEY MARKET-(THIS DAli

Two o'CLocz.

The funds to-day have shown renewed flatness,
but, after declining A per oent., have returned
during the last hour to the closing quotations
of yesterday. A good effect has been 're-
duced by the large arrival of specie re-
ferred to below. The principal business consists
of the settlement in shares and foreign stocks,
which is proceeding quietly. With the exception
of a rise in South Eastern stock, there is no varia-
tion of interest.

At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cont. Estates opened at
67fr. 85c., ex div., being the same as yesterday.
Consols are officially marked 893 and 4, ex
div., for money, and 893 and ex div., for
the account. The present quotAtiOns are 893 to
for money, and 89i to 3 for the 10th July.
The official business report is as follows :—Bank
Stock, 230 ; Three per Cents. Reduced, 883, 3;
New Three per Cents., est, 3 ; India Five
Cent. Stock, 983, 3,4, ex div.; ditto
for account, 983, ex div. ; ditto Bonds, 10s. dis. ;
Five-and-a-Ralf per Cent. " aniseed " rupee
paper, 1003 ; Exchequer Bills, March, 10s. dis.
Turkish Bonds are in better demand, and have
improved about per cent. The Loan of 1854
is quoted 714 to 72, and that of 1858, 56 to 4.
In other foreign stocks there has been
scarcely any business. Sales are recorded as
follows :--Dutch Four per Cent. Certificates,
994 ; New Grenada Active, 153 ; ditto De-
ferred, 53 ; Piedmontese Five per Centel., 733
(exchange 25fr.) ; Turkish Six per Cents., 1854,
72 ; ditto Six per Cents., 1868, 56 ; ditto 1001.
Bonds, 594.

The Shannon has arrived from the West Indies,
with 528,0001. sterling in specie and bullion.
In the Stock Exchange money continues to com-
mand fully 0 per cent. on government securities up
to the July settlement.

It is rumoured that the New India Loan will
probably be brought forward next week.
About 5,000/. in gold was bought by the Bank
yesterda_y.
The Edinburgh, for New York, which left yes-
terday, took 203,672/. in specie.
In the Liverpool cotton market yesterday very full
rates were paid, and the sales extended to 12,000
bales.

The Bombay mail will be distributed ili London
to-morrow morning.
We understand that the great fire in Southwark
has already brought a large accession of business to
most of the fire insurance offices.

The shares of the Liverpool and London Incur-
ance Company were firmer yesterday at 51. to 61.
premium, with 21. paid. The shares of the other
fire insurance companies seem to have experienced
little alteration. They are mostly well held, and
purchases or sales are alike a matter of private ne-
gotiation.
The London Fiscal Commissioner of the New
Granadian Confederation announces the first re-
demption of the Active and Deferred debt for the
2nd July. The half-yearly dividend due the lit
inst. under the new agreement on the New Bonds
and on the Active and Deferred Bonds converted,
will be paid by Mears Baring Brothers on the Ist
July. The bondholders' committee have called in
the bands and overdue coupons in order that the
holders may receive the new Active Bonds and the
Waste Lands Certificates.

The London and North Western Railway traffic
return shows this week a decrease of 8,1861. ; the
Great Western a decrease of 2,1671., the Great
Northern a decrease of 1,4611., and the London
and South Western an increase of 3,083/. The forth-
coming return of the Lancashire and Yorkshire
Company will, it is said, show an increase of 7001.
The traffic receipta of the Great Western Railway
of Canada for the week ending June 14,were 6,8141.
sterling, being 6801. more than in the corresponding
week of last year.
The annual meeting of proprietors of the Union
Bank of Australia is called for the 15th of July.
At the twenty-esoond annual meeting of the Life
Association of Scotland, held on Tuesday, it was re-
ported that 1,769 proposals for 840,4901. of assur-
ances, were made during the year ending sth April
last, and that the transactions were 1,414 policies
for 656,4611. of assurances, yielding in premiums
23,603/. 17s. 11d.
The half-y early dividend on the shares of the
English and Scottish Law Life Assurance Associa-
tion has been declared, payable on the 10th of
July, at the rate of 4s. per share per annum (free
of inoome tax), being at the rate of 51. 14s. 3d. per
cent. on 3/. 10s., the nominal amount of each share
as increased by successive bonus additions, and of
101. per cent. on the amount, 21., actually aid by
the shareholders.

The Northern Railway of Canada (formerly the
Ontario, Simco, and Huron) is making good pro-
grams, under the refitting and renewing of the per-
mutant way, undertaken by Mr. Braseey. The
receipts for five months this year show an increase
of 6,700 t. over those of 1860.
The ninth annual report of the directors of the
Peel River Land and Mineral Company bits been
issued. The paragraph relating to the dividend is
annexed:

Taking 152 bales unsold wool, at present market prices,
the directors estimate that the wool clip of the year will
realise 20,5001., leaving an amount of 23,141;.'. 19s. Ild. to
the credit of the revenue and expeoditure accemt, 1W0;
and out of this they recommend tint a sum of 21,01a1f. be
appropriated for a dividend, and that the name be declared
at the rate of 31 per cent. free of income tax, on the con-
solidated stock of the company, payable on and after the
Ist of August next.
The half-yearly interest is advertised on the
debentures issued respectively by the New Zealand
provinces of Wellington and Canterbury.
An extraordinary meeting of the Im-
proved Soap Company (Limited) is called for the
4th July, to adopt a resolution for winding up the
company.
In the Bankruptcy Court yesterday it was stated
that all the creditors of the Plumstead and Wool-
wich Waterworks Company (Limited) will receive
90e. in the pound, and that there will be a con-
siderable surplus to be returned to the contribu-
tories.

The examination meeting in bankruptcy in the
case of Messrs. Nickulls and North, tallow broken',
was further adjourned. It was mentioned that the
transactions of the bankrupts had reached 800,0001.
a year.
At a meeting yesterday of the creditors of Mr. J.
H. Cohn, East India merchant, who failed in Fe-
bruary, 1860, it was resolved, after wane discussion,
to agree to Mr. Cohn's offer to place 22,0001. of
assets is thehands of the creditors, against liabilities
of 00,0001.
The preparations for the settlement in English rail-
way stocks yesterday showed a somewhat ieerensed
supply of certain descriptions, chiefly Midland,
Great Western, and London and North Western.
The following rates were generally current at the
commencement of business :
London and North Western 1.16 to 3-10 " backwash-
tion."
Great Western
Lancashire and Yorkshire
Mialland

.. 160
to per pet
bent. do.
to per °eat.

era Eastern

daisdoo=..

"iven'

-toiqr omit 'lack."

Gristkurthern

1.16 to 3,

0 Per ci. !!!'"4l**

Ditto A