The Express.
London, England, 1857-07-08 00:00:00

Foreign stocks present no alteration of importance,
the transactions being still limited. The sales
are confined to Brazilian Four-and-a-Half per
Cents., at 981 ; French Fonr-and-a-Half per Cents.
Bentes, at 91fr.(exch., 25fr. 30e.)Peruvian Four-and-
a-Half per Cents., at 83/ and 921; ditto for account,
at 821; Russian Five per Cents. for account, at
1101; Sardinian Five per Cents., for account, at 90
and. 891; and Spanish New Deferred Three per
Cents., for account, at 251 ex div.
Operators for higher prices are discouraged by
an impression that the Bank will refuse to
renew the loans which were made upon stock
during the shutting of the transfer books, and
which, according to present arrangements, are
to be repaid to that establishment by the
11th inst. Moreover, although gold continues to
flow steadily into the Bank, and although, judging
from precedent, the position of the institution
would warrant an immediate reduction of the rate
of discount to 31 per cent., the speculators feel far
from certain that the rate will be lowered to-
morrow. Considering the caution displayed of
late by the Bank, and the fact that, during the latter
part of last week, the severe pressure at the Bank for
discount accommodation, in anticipation of the 4th,

must have absorbed a large amount of its incoming

resources., many persons arc inclined to think that
the movement referred to may yet be postponed.
At Amsterdam on Monday there was a rise of 2 per
cent. in Peruvian stock, in answer to the advance in
London. At Berlin Russian stock exhibits an im-
provement.
In addition to the sums mentioned on Monday,
about 49,000/. in Australian gold, ci the Champion
of the Seas, and some considerable parcels out or the
109,0001. in gold brought by the West India steamer
Atrato, have been sent into the Bank. About
20,0001. in Russian gold received this week, in-
cluding 10,2001. by the steamer Russian, which
arrived yesterday from St. Petersburg, will also con-
tribute to raise the Bank's stock.
The amount of specie brought by the Canada, from
New York, is no hiss than 265,2001., of which by far
the larger proportion is believed to be on English
account. This supply will be in hand to-day,
and a considerable portion will probably be sent
iato the Bank. The exchange at New York on Lon-
don was a little flatter, at 1091 to t.
The foreign exchanges yesterday afternoon were
noted much the same as on Friday last. The rates on
Vienna and Trieste were a shade higher, and those
on St. Petersburg and Naples slightly lower. The
current quotations are shown below, viz.:
Amsterdam, three months, 12 to 12.01; ditto, short,
11.17 to 18; Rotterdam, three months, 12 to 12.01; Ant-
werp and Brussels, three months, 23.471 to 521 ; Hamburg,
three months, 13.81 to f ; Peri., three monthe, 25.621 to if
ditto, short, 25.221 to 30; Marsiilles, three months, nth
to 70; Frankfort-on-the-Maine, three month, 1191 to 1;
Petersburg, three months, 361 to 37; Vienna, three menthe,
10.28 to 30; Trieste, these months, 10.29 to 31; Nagle%
three months, 421 to 1 ; Genoa, three months, 25.90 to 5;
Leghorn, three months, 29.80 to 5; Palermo, three months,
128 to 1 ; Messina, three months, 1281 to 129 ; Oporto, three
months, 521 to 1 ; Liabon, three months, 521 to 1.
The number of chests of indigo declared up to yes-
terday afternoon for the next quarterly sale, which
will commence on Tuesday, is 13,100.
Rumours have been circulated of late that the
Peruvian government intends to double the sinking
fund of the foreign debt. Well informed parties
altogether discredit this report.
The traffic of the Great Western Railway Com-
pany of Canada is at present very closely watched.
The return received yesterday presents a further di-
minution of about 1,8001., compared with the corre-
sponding week of last year.
A special meeting of the National Discount Com-
pany Is called for the 23rd inst., for the election of
an auditor. At this meeting the directors will
submit the accounts to the 30th ult.
A special general meeting of the Legal and Com-
mercial Life Assurance Society is called for the
22nd instant, to consider "the expediency of cer-
tain terms of arrangement for a proposed amalga-
mation" with the Victoria Life Assurance and Loan

Compan
At they. annual meeting of the Dutch Rhenish
Railway Company held at Amsterdam on the 30th
ult., it was resolved to adjourn the meeting until
the 20th inst., when the annual balance-sheet to
the 30th April will be submitted. The accounts
will lie for inspection in Amsterdam and London for
one week, commencing with Thursday next.
The Master in Chancery charged with the winding
up of the General Live Stock Insurance Company,
proposes on the 11th inst. to appoint an official
manager.
The European and American Steam Shipping
Company invite applications for 7 per cent. deben-
ture bonds.
Notice is given to holders of shares in the General
Bank of Switzerland, who have not paid the call
made on the 2nd of April, that their shares will be
publicly sold after the 31st inst.
The position of the silk market is thus noticed in
the monthly circular of Mr. 11. W. Eaton :
Since the public sales, the result of which was reported to
you on the 18th ultimo, the silk market has been compara-
tively quiet, home buyers having then supplied their imme-
diate wants, end shippers still buying sparingly. In Chinas
the few operations. have been chiefly in good taatlees and
the lower description of tayasanis, at the rates established at
the sales. The last accounts from Chins report the settle-
menta to have reached 86,000 balm, and the shipments
85,000 bales, 72,000 being for Great Britain, and 13.000 for
France and elsewhere; of the former about 66,000 have
already arrived. Prices, after some little fluctuation, re-
mained much the same SA by the preceding mail. In Ben
Bilk the sales have been, for the wog part, confined to a few
runs of best filature silk, from 31.. to 33e. I'd., but to an great
extent. The last letters from Calcutta quote prices still very
high, and with few exceptions as leaving • hats to shipper. to
this country. In Italian silk there has tarn little or nothing
doing. A few patent reel Brinks have been sold from 395.
to 42a. 6d., and two or three parcels of Fenians at Ifn. for
fair, and 18e. to 18s. 6d. for best marks. The stock of nll
qualities of Persian silk may be estimated at about 1,230
ballots, and of &title 29 bales.

TI:LSDAT ETTXtRO.

The funds remain heavy in character, and to-day
sustained a fresh decline of about per cent. The
market is still chiefly prejudiced by the settlement,
which has led to a sustained demand for money in
the Stock Exchange at 6 to 7 per cent. on govern-
ment securities.

The commercial demand for money was to-day
less active, and in some quarters first-class bills
were discounted at a trifling reduction from the
Bank minimum rate, in anticipation of the release of
• the dividends to-morrow.
Console, which closed yesterday at 921 to
9-16 ex div. for Thursday next, opened this morn-
ing at 921, " sellers," and closed at 92Z to 1. The
" continuation " to the August account ruled at
7-16 to 1 per cent., and the last quotation for the
new account was 921 to 93. At 25 minutes past
four o'clock, however (being subsequent to the re-
cognised hours), the price was quoted 921, " buyers,"
for the present settlement. The official business re-
port is as follows: Three per Cent. Consols, for
money, 92Z,1 ex div. ; ditto, for account, 9tk July,
92!,, ex div. ; ditto, for the " opening," 17th July,
924, 921 ex div. ; Three per Cent. Reduced, 921,1;
New Three per Cents.. 921,0 : Long Annuities,
expiring in Jan., 1860, 2 7-16 ; Thirty Years Annui-
ties, April, 1885. 181, 18 ; Bank Stock, 2121, 214 ;
India Stock. 217, 2151 ex div.; Three-and-a-Half
per Cent. Exchequer Bonds, falling payable in
1858, 98;.