The Express.
London, England, 1861-08-07 00:00:00

HOMY MARKET.-(THIS DAL)

Two °Twat.

The funds to-day are firm at the closing quota-
tions of yesterday, with rather a favourable ten-
dency. This is the day for the monthly settle-
ment. English railway stocks continue heavy,
and Great Western shows especial depres-
sion, baring fallen 1 per cent. The only
other movement of importance is a fresh rise in
Turkish Bonds and Lombardo-Venetian railway
shares. Tho general tendency of prices in the
Stock Exchange seems to be upwards, owing to the
fine weather.

The India Five per Cent. stock is better, at 99$
to j. The scrip is firm, at 100} to
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Renter opened at
613 fr. Mc., showing no alteration. The telegram
describes the Bourse a, firm, especially as regards
railway shares.

Consols are officially marked 901 to 2 for money,
and 901 for the 10th of September. The present
quotations are 94 " sellers", for cash, and
903 to 2 for the September settlement.
The official business report is as follows :
Bank Stock, 235, 234, 236 ; Three per Cents.
Reduced, 901, ; New Three per Cents., 94,
; India Five per Cent. Stock, 993, ;
ditto for account, 100, ; ditto Bonds, 10s.,
die. ; Five per Cent. " enfaced " rupee paper,
941 ; Exchequer Bills, March, 15s. dia.; ditto
June, 35., ls., die. ; ditto small, 4s. die.
Turkish Bonds are in great demand to-day.
The loan of 1854 has risen per cent., and that
of 1858, 1 per cent. The present quotations
are, respectively, 794 to 80, and 702 to
711. There are more inquiries for Mexican
bonds, which are last marked 222. Peruvian
continue in good request, and are riming. Sales are
recorded as follows :—Dutch Four per Cent.
Certificates, 1003 ; ditto, for account, 1004 ;
Mexican Three per Cents., for account, 221,
; Peruvian Four-and-a-Half per Cents.,
for account, 973, 984 ; ditto Uribarren Four-
and-a-Half per Cents., 874 ; Turkish Six
per Cents., 1854, 794, i; ditto, for account, 70,
2, 711 ; ditto 100/. Bonds, 72&, 1.

Great ease prevailed iu the discount market
yesterday. An important feature is the decrease
in the supply of bills, and accompanying this there
is a considerable surplus of money. The rates
consequently are still drooping. 41 per cent. was
asked for good bills, but transactions took place in
several quarters at di.
In the Stock Exchange yesterday the supply of
money was so considerable that 2 to 3 per cent..
could scarcely be obtained for short loans on
government securities.
The amount of gold bought by the Bank yester-
day was 160,0001., partly Australian, by the Great
Britain, the 329,0001. by this vessel aving reached
London in the morning.
In the foreign exchanges yesterday afternoon the
only variation of importance was a fall in the rates
on Vienna, which may not be without a favourable
significance in a political sense. All the other ex-
changes were firm. The quotations are given
below.
Amsterdam. 3 months, 12.1 to 1 • ditto 3 days, 11.19
to 1 • Rotterdam, 3 months, 12:1 to 4 • Antwerp, 3
months, 25.95 to 70 ; Hamburg, ms. ban'oo, 3 months,
13.101 So •1 ; Paris, 3 days, 25.371 to 421 ; ditto, 3 months,
25.671 to 721 • Frankforteon-the-111rine, 3 months, 1191 to
1 ; Petersburg (per rouble), 3 mouths, 331 to 1; Vienna,
eft flo., 3 months, 13.95 to 14.06 ; Trieete eft. lb., 3 months,
13.95 to 14.05 ; Madrid, 3 months, 481 to 1 • Cadiz, 3 months,
481 to 1; Leghorn. 3 months, 25480 to 5; Genoa., 3
months, 25.75 to 80 ; Milan, 3 months, 25.75 to 80 ;
Naples, 3 months, 391 to 1; Palermo, 3 months, 1171 to I;
Messina, 3 months, 1171 to ; Lisbon, 90 days, 524 to 1 ;
Oporto, 90 days, 521 to 1.
The sales of cotton at Liverpool yesterday de-
clined to 10,000 bales, but the market was firm.
The monthly return of the Bank of France will
be published on Friday next.
The appeal of Mr. T. Laurence (of Streatfeild
and Co.) against the decision of Mr. Commissioner
Holroyd was dismissed yesterday by the Lords Jus-
tices, who passed some severe comment,' on the con-
duct of the bankrupt. Mr. Commissioner Holroyd
had refused Mr. Laurence's certificate altogether,
and declined granting protection until the expire-'
tion of six months.
We understand that a partner in the great firm '
of Raid, Brothers, has joined the board of the
Mercantile Fire Insurance Company.
The directors of the East India Irrigation Com-
pany have issued their first report. It shows that,
as stated the other day, Sir Charles Wood has con-
ceded to the company the interp.retation which
they, in common with every one outride the India-
office, placed upon the terms of arrangement
originally made. As by this conceabion the
only obstacle which threatened to prevent the
satisfactory settlement of • contract at Calcutta
has been removed, the establishment of this
(the first) unguaranteed company for the con-
struction of reproductive works in India may
be said to be accomplished. Lord Canning Las
already perused the draft contract which was drawn
up on the company's behalf, and those portions
which he suggested should be amended have been
altered so as really to meet his views ; moreover,
all in authority at Calcutta are desirous of lendinii
a helping hand to the enterprise, the prospects of
which are therefore much improved. ' Should it,
independently promoted, achieve success, as is
greatly to be desired, a great encouragement will
be given to the flow of lotgoaranfecil capital to
India. This is an object for which government
assistance ought surely to be forthcoming at every
point.

The shareholders in the North of Europe Steam
Navigation Company met yesterday at the
London Tavern, to receive a further report
from the liquidators of the company. The pro-
ceedings to seem have attracted little interest,
not more than a dozen persons being present.
The accounts having already appeared, it is merely
necessary to observe that they were received and
adopted. To questions as to what had become a
all the capital of the company the liquidators pro-
fessed ignorance, except as to what was contained
in the report in the hands of the proprietors, and
with regard to the aggregate proceeds of the ships
in which that capital was laid out the same an-
swer was returned. Mr. Abel having inquired the
result of the suit in equity commenced by Captain
Andrews against the liquidators, to which it was
stated, in reply, that 430/. has been recovered by
the liquidators. Mr. Wheeler, a late director,
having being proposed by Mr. azenove, as auditor
of the liquidators' accounts, it was proposed as an
amendment that Mr. Abel be appointed, and upon
that gentleman declining to serve the choice of
the meeting fell upon Mr. Atkins. The business of
the meeting thereupon terminated.
A special general meeting of the London, Chat-
ham, and Dover Railway Company is convened for
the 21st instant for the following important pur-
poses : _ -

1. Foraothorising, in pursuance of "The Loudon, Chatham.
and Dover Railway Company (Various rowers) Act, 1664'
the raising of the sum of 60,0001. by the creation and issue,
ashy the said act provided, of new shares, for the purpose
of paying the deferred interest due in respect of the Dover
Extension Capital. 2. For authorising, in pursuance of the
said act, the raising, by the creation and issue of new shares,
any sum not exceeding 320,0001. for the purposes in the said
act mentioned. 3. For authorising the rafting, under the
provisions of the said act, by the creation and icsue of new
shares in the undertaking of the Western Extension' for
the purposes of that undertaking, any sum not exceeding
170,0001. 4. For authorising the raising, under the provi-
AQUI of the Metropolitan Extension Act, 1660, by the crea-
tion and issue of new shares, the aunt of 100,000/., for the
purchase of steam vessel' and other the purposes mentioned
in the 142nd section of the said last mentioned act.

The first ordinary general meeting of the Pneu-
matic Despatch Company is called for the 14th
August, and that of the General Steam Navigation
Company for the 27th tint.
At the last meeting of the directors of the Com-
pressed Coal Company (Limited), held at their

offices in St. S wallas's-lane, it was determined to
proceed without delay to the erection of their LOU-
don works. It is expected that in about two months
the process of manufacture will be developed, s•
as to extend their operations in the various cod
districts. The allotment of shares is to commence
on the 9th instant.

TUIRDAY EVI2IIIOI
Consols, which closed yesterday at 901 "buyers'
for money and to-morrow's settlement, opened
this morning at 901 to 1, and closed at 901 to 4.
The official business report is as follows :—Three
per Cent. Consols, for money, 9014 1, 4 ; ditto,
for account /tit:gust 7), 90, I, ; Three per Cents.
Reduced, 90 1, 901 ; New Three per Cleats, 901,
1; New o-aud-a-lialf per Ceuta', 74 ; Bank
Stock, 236, 2341; India stock, 2201, 219 ; ditto
Five per Cent. 'stock, 991, 1,1, 1 ; ditto, scrip,
1001 1 ; ditto Four per Cent. Debentures,
April, 1864, 961 ; ditto Bonds, 10s., 6s. dia ;
Five per Cent. "enlaced" rupee paper, 941,1 ; ditto
Five-and-a-Half per Cent., 102.
The India Five per Cent. Stock was very firm at
991 to 1, and the Scrip of the New Loan at 100 3-16
to 1. The public continue to invest, and fresh
proofs of the growing popularity of this stock are
presented daily.
The March Exchequer Bills were quoted lue. to
10s. die. ; the June, 4a. dis. to par. ; and India
Bonds, 10s. to 6s. dis.
A further improvement of Ito per cent. took
place to-day in Turkish Bonds ; the Loan of 1864
closed at 79 to 1, and that of 1868 at 691 to 701.
The principal transactions were in the latter.
Mexican Bonds were slightly firmer, closing at 221
to 1. Peruvian-Uribarren Bonds continue in de-
mand.

There was no alteration of importance in the
market for bank, steam, or miscellaneous shares.
Crystal Palace preference and debenture stocks were
inquired fur.
The closing quotations for shares in new under-
takings to-d4aly were as follows :—Ocean Marine
ce. to I prem. ; Thames and Mersey
Insurance.
Marine, 13-1 to 15-11; prem.; Universal Marino In-
surance, to I ilia.; London and Provincial
Marine.yer • China and Japan Steam, dis. to
par ; Natal Land, to dia. ; Oriental and
General Marine, 11 to pram. ; Mercantile Fire
Insurance, Ito prem. ; and Compressed Coal,
}to prem.
A fresh decline of one per cent. took place to-day
in United States Five per Cents.