The Express.
London, England, 1861-08-17 00:00:00

1811

MONEY MARKET---(THIS DAY.) '

Two o'CLocw.

The funds are firmer to-day, and an improve-
ment of I( per cent. has taken place, as compared
with the doting quotations of yesterday. In the
other departments of the Stock Exchange the ten-
dency of prices is upwards, particularly as regards
English and Indian railway stocks.
The Indian Loan scrip has risen to 1014 to Q.
The usual telegrams from the Paris Bourse have
not yet arrived.

CongoLs are officially marked 90„, 1, and 1
for money, and 901 for the account.
The present quotations are 901 to ; for
money, and 901 to for the 10th Sept.
The official business report is as follows
Three per Cents. Reduced, 901, ; New Three
per Cents., 90/, ;2„ I ; Thirty Years' Annuities,
1885, 15 13-16 ; India Five per Cent. Stock, 1001,
1, 101; ditto for account, 101, 1 ; ditto Four per
Cent. Debentures, April, 1864, 961 ; ditto scrip,
1012, ; ditto Bonds, 6s. 2s. dis. ; Exchequer Bills,
March, 14s. dia. ; ditto June, par.
The Turkish Loan of 1858 has recovered to 681
to 69. The Loan of 1854 is steady at 78 to 1. Other
foreign stocks are also steady. Sales are recorded as
follows :—Equadur New Consolidated, 131 ; Guata-
mala Five per Cent., 62, 63 ex div. ; Mexican Three
per Cents., for account, 221 ; Peruvian Uribarren
Four-and-a-Ralf per Cents., 90 ; Portuguese Three
per Cents., 1853, for account, 46i, ; Spanish
New DeferrA Three per Cents., for account,
411; Turkish Six per Ceuta., 1854, for account,
78 ; ditto Six per Cents, 1858, for account, 691,
681, 69.

Hares-PART Two o'Ciocs.
Consols are unchanged, being quoted 90e to
for money, and 902 to for the account.

The reduction in the Bank rate of discount has
not yet occasioned any alteration in the terms in the
open market. The beet bills were taken yesterday
at to 4} per cent., being the same as on Wed-
nesday. A good demand was experienced both at
the Bank of England and in Lombard-street.
About 24,0001. in gold was purchased by the
Bank yesterday, while 30,000 aovereigns were with-
drawn for Lisbon.

About 50,0001. in French gold coin, which has
yet to arrive here, has already been sold for trans-
mission to Spain.

The foreign exchanges yesterday afternoon were
firm, notwithstanding the decline in the rate of dis-
count. In some instances the rates were even
more in favour of this country. Subjoined is our
usual list :

Amirtardain, 3 months, 12.1 to 3 ; ditto 3 days, 11.19
to 3 • Rottenbun, 3 months, 12.1 to i ; Antwerp, 3
months, 26.65 to 70 ; Hamburg, tux. hum, 3 months,
13.103 to ; Paris, 3 days, 25.40 to 50 ; ditto, 3 months,
25.723 to , 3 ; Frankfort.on-the-Maine 3 months, 1193 to
3 ; Petersburg (per rouble), 3 months, 33 to ; Vienna,
af. 80., 3 months, 14.20 to 30 ; Trieste, eff. 90., 3 months,
14.20 to3o ; Yadrid, 3 mouths, 483 to 3 ; Cadiz, 3 months,
481 to I ; Leghorn, 3 months, 25.80 to 5; Genoa, 3
months, 25.80 to 2? ; Milan, 3 months, 25.80 to 2i ;
Naples, 3 months, 39 to ; Palermo, 3 months, 117 i to 3 ;
Messina, 3 months, 173 to 1 ; Lisbon, 90 days, 524 to ;
Oporto. 90 days, 524 to 3.

At Paris the rate of discount in the open market
is 4i percent. ; Vienna, ; Berlin, 3i ; Amster-
dam, 3 ; Hamburg, 3} ; Frankfort, 4 ; Turin, 6 ;
and Brussels, S per cent. With the exception of
Vienna and Turin, London is still the dearest
market.

The Liverpool cotton market yesterday was firm.
The annexed is a copy of a circular forwarded to
the proprietors of the Great Southern of India
Railway on Thursday, announcing the opening of
part of the line (to Trivalore) on the 16th ult.
Sir,—l an, instructed to inform you that advice (dated 9th
July) has this morning been received from the agent of the
company in India, stating that the line from Negupatam to
Trimlore-144 mike—was to be opened for public traffic on
Monday, the kith July. The (Westers take the earliest
opportunity of communicating the gratifying intelligence to
the shareholders.—l am, &c.,
HI.NRY W. NOTNAN, Secretary.
The Caledonian Railway traffic return shows this
week a decrease of 1,066/., owing to the volunteer
review at Edinburgh last year.
The report of the Stockport, Disley, and Whaley
Bridge Railway Company recommends a dividend
at the rate of 41 per cent. per annum ou the pre-
ference capital, and 11 per trent- per annum ou the
ordinary capital. There has been a progressive in-
crease iu the receipts since the opening of the line.
The Gazette specie statement for the week end-
ing Wednesday last gives the following totals,
viz. :—lmporta of gold, 122,979/. ; exports of gold,
85,6961. ; imports of silver, 161,7771. ; exports of
silver, 107,3621.
Messrs. W. R. Adamson and Co. have been
appointed agents for Lloyd's for Kanagawa and
Yokuhama, Japan.

FRIDAY Evanio.

In the Consol market money was in more re-
quest at 4 per tent., owing partly to the payment
of 1,000,0001. on the Victoria Loan.
Consols, which closed yesterday at 903 to 3 for
the 10th September, opened this morning at the
same quotation, advanced to 901 to 3, and closed at
903 to 3. For money the last price was 903 to 4.
The official business report is as follows :—Three
per Cent. Consols, for money, 903, 3 ; ditto, for
account (Sept. 10), 901 • Three per Cents. Reduced,
903, 3 ; New Three per Cents., 904, 3,1, 3 ;
Bank Stock, 233, 235 ; India Stoek, 218 ; ditto Five
per Cent. Stock, 1,3, ; ditto fur account,
1003 • ditto Scrip, 1003, 1013 ; ditto Four per Cent.
Debentures, 1863, 963; ditto 1859, 061, ; Five
per,Cent. "enlaced" rupee paper, 943 ; ditto, Five-
and-a-Ralf per Cents., 1013.
A fresh rise of 3 to 3 per cent. took place in the
India Five per Cents. The stock closed at 1003 to
101, and the scrip at 101 to 3.
The March Exchequer Bills were quoted 14s. to
fig die., and the June, 4s. to Is. dia.
In the Foreign stock market attention is still
mainly directed to Turkish Bonds, particularly to
the Loan of 1858. After so rapid a rise sellers
now predominate, although it is believed that
the dividend will be advertised not later
than Monday next. Transactions were recorded
from 68 to 69, and the closing price was 684 to 3,
showing a fall of per cent. The Loan of 1854
closed the same as yesterday, at 78 to 4. Peruvian
Uribarren Bands continde in request, whilst lima.
can were dull at 22 to 3.
Bank shares continue to be well supported. City
Bank were quoted rather better to-day. Madras
Irrigation have advanced. Miscellaneous shares
were quiet.
The closing quotations fur shares in new under-
takings to-day were as follows :—Ocean Marine
Insurance. 4f to prem. ; Thames and Mersey
Marine, 13-16 to 15-16 prem. ; Universal Marine In-
surance, 13-16 to 11-16 dis. ; London and Provincial
Marine, 3 din to par ; Oriental and General Ma-
rine, 3 to prem. ; Mercantile Fire, 7-16 to
9-16 pram. ; Commercial Union Fire, 3 to 3 prem. ;
Natal Land, 3to 3 dis. ; Chinn and Japan Steam,
3 to 3 dia. ; and Compressed Coal, 3 to b pron.
The shares of the Mercantile Fire Insurance
Compauy were quoted this afternoon 7-16 to 9-16
prem., and those of the Commercial Union Fire
insurance Company, 3 to pram. In each in-
stance the shares appear to have been largely sold
by speculators, in anticipation of their allotments.
A further advance of 3 per cent. took place to-
day in Victoria Government Debentures. New
South Wales Debentures rose per cent.

MINES.-(THIS DAY.)

Two o'CLovx.

ton shares have
In the mining market to-.lay Carn Camborne
to an improve-
mentowineialares atarethein
advanced to 80 to 85 • Marke Valley are firm at
mdineme.anklhetd g
9i to 10i ; and Wheal Lndcott at b to f. Ring-
ston Downs are marked 1 and 2. Herodsfoot are
quoted 34 to 35.
Great Northern Copper (South Australia) shares