The Express.
London, England, 1861-04-09 00:00:00

MONEY MARKET.-(THIS DAL)

Two o'CLoox.

The fund, to-d ty are slightly firmer, although
there is 110 revival of business. Consols are now
quoted about 1-16 per cent. better than they
closed yesterday. The settlement engages chief
attention. Iu Cie share markets, the only
movement worth mentioning is a recovery of to
per cent. in Midland and Lancashire and York-
shire stocks. In most departments of the Stock
Exchange business is almost at a stand-dill.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentsr opened at
67fr. 60c., being sc. lower than yesterday.
Consols are officially marked 914, 4, and K for
money, and 91i and for the present account.
The present quotations are 91 7-16 to 9-16 or 914
for money and to-morrow's settlement, and 914 to
for the 911% of May. The Official business
report is as follows :—Bank Stock, 2264,
ex div. ; Three per Cents. Reduced, 891, 4,
ex div. ; New Three per Cents., 894, 4,
804, ex div. ; New Two-and-a-Half per Cents.,
754 ; Thirty Years' Annuities, expiring in
April, 1885, 151 ; ;
India Stock, U%;
ditto Five per Cent. Stock, 1001, 100
ditto Four per Cent. Debentures, 1858, 96 : ditto
Bonds, 225. dis. ; Five per Cent. " enfavecl" rupee
paper, 94 ; Exchequer Bills, 3s. dis.
Turkish Bonds are rather firmer; the loan of 1854
is quoted 734 to 74, and that of 1858, 534 to M.
Mexican bonds have met with no attention to-day.
Sales are recorded as follows :—Buonos Apes De-
ferred, 284 ; Portuguese Three per Cents., 1853,
454 ; ditto Three per Cents., 1856, 1857, 1859, 451 ;
Russian Five per Cents., for account, 1014 ; ditto
Four-and-a-Half per Cents., 914 ; ditto Three per
Cents., 1839, 614 ; Spanish Three per
Cents., 484 ; ditto, New Deferred Three per
Cents., 414 ; ditto, for account, 414 ; the Com-
mittee's Certificates, 54, ; Turkish Six per Cents.,
1858, fur account, 54 ; ditto, Guaranteed Fuur per
Cents., for account, 1001.
_ _

The demand for money in the discount market
was only moderate yesterday. The bast bills
were discounted at 5i to 5/ per cent. At
the Bank of England the applications were
limited. These features, combined with the flat-
nevi of the corn market, and with the decided im-
provement iu the political and financial accounts
from America, encourage the hope of a reduction
in the Bank rate to 5 per cent. at no distant period.
The latest despatches from New York show that
the recovery in the exchange towards its normal
point continued, the quotation being 1071 to 105.
The amounts also point with increasing distinctness
to the probability of the secession being accom-
plished peaceably.

The Vienna Bourse remains heavy, and the ex-
chau, e hah risen to 150.75. . . . .

It 14 understood that the Bank authorities have
now matured their arrangements for carrying out
the eianges provided for by the newly passed
"Bank of England Payments Act" in respect of
the closing of the transfer books of the funds and
India docks. Virtually there will be no closing of
the books, for it is understood that transfers will
be practicabbe at any time. The arrangement will
be that the dividend warrants will be made out in
the uemes standing in the Bank books on a certain
fixed day (probably 15 days prior to the payment
of the dividends), so that persons who sell or
deliver stock after that day will not be enti-
tled to the ensuing dvidend. These arrangements
will conduce greatly to the convenience of fund-
holders. It is stated that some verbal commu-
nication on the subject has been made by the
Bank to the Stock Exchange. It is a great pity
that the Bank do not consider it worth their while
to provide for the information of the public by
issuingk. a occasionally a written memorndum, ad-
to the S-ock Exchange and to the press.

About 60,0001. in gold was purchased by the
Bank yesterday ; making 345 000/. since the date of
the last return. Nearly 50,0001. has arrived yes-
terday from Constantinople. The Oneida has also
an rived from Brazil with 26,6461. in specie. The
Magdalena, for Brazil, will take 14,5001. in silver
and 1,940!. in gold.
The wheat market yesterday was heavy, owing to
the improvement in the weather. Prices were
quoted Is. to 24. per quarter lower than on last
Monday.

The Liverpool cotton market yesterday was very
firm, and fully id. per lb. higher than on Friday.
Thelialea reached ?0,000 bales.

The shareholders ()f the Great Western Railway
of Canada have already had the " Report " of the
oommitteeof investigation, and the " Reply " of the
directors, • besides numerous letters from various
disputants. The " Rejoinder "of the committee is
now issued, and, like the documents which have
preceded it, extends to a considerable length.
The Brighton Railway traffic return shows this
week an increase of 8421.
A special meeting of the Great Western Railway
Company is called for the 17th inst., when various
bills pending in parliament will be submitted for
approvaL One of these is for increasing the capital.
Another is to sanction agreements between the
Victoria Station and Pimlico, Great Western, and
London, Chatham, and Dover Companies, whilst
another is for making a line from the Great
Western Railway to Hammersmith.

A special me.ting of the Lancashire and York-
shire Railway Company is called for tho 24th inst.
at Manchester, to approve four bills now pending
in parliauient. which authorise the company to
make various branches and extensions.

The half-yearly meeting of the Groat Central
Gas Consuiu,,rA' Company'is called for the 26th inst.,
when a is to be declared.

The foilnria; ig from Mesers.Calverwell, Brooks.,
and CO.'A wrath!y report on the market for hides
and leat'rar

The li.i. inarlot during the post month hr. felt the
preesuro of the money market in the lesseuing of the de-
mand, am; in cone ;nstances to the extent of id. per lb. de-
cline ; home blyers have limitel their purchanei to their
uters,t wants. while the export trade in the latter part of
it,,, month 1. ,a fallen ed. Salted Hides.—There is not much
alteration to iratioe in this merle.. For South American
hides hoMers, owing to the red iced stock, are asking as
high as TO. per lb. for best heavy ox, but the general dul-
ness of trade and inactivity of the leather market are for
the moment cminst the attempt. The sales were small.
Australian were in only limited demand, generally at id.
per lb. decline. Cape were saleable at about last month's
rates. Tiia basilicas dune was to a fair extent. Horse
Bides—The sales were moderate, and made without ma-
terial alteration in prices. English market hides are xm
at last ir.,nth's vutations, but they are relatively cheaper
owing to their improved quality and condition. East India
Kips—At the firat series of sales tbete was* good demand
for export. If :des of the best quality were well competed
fur, Is.th by the Immo trade and export buyers, and occa-
sionally re.,iiied an advance of Fl. per lb. ; but other de-
scriptions dil nut meet with so active an Inquiry. On the
lPilth ult. tnneh duluess prevailed, eaued by a faring off in
the diem owl for export and a limited inquiry fur ionic eon-
sumption, aol, in order to induce business, adeclino of 1.1.,
cial in aorta) inttan.tes A. per lb., hail to he cotveded on
common to mill:tag descriptions, but Moms of gaol quality,
lying .c.!roe, maintained their previous value.
The Leath n• Sforic.t.--The uperatious in this in..rket con-
tinue lintito.l. with an appearance for the niontent of easier
prices L••:11 it.7c,:pt,l; but it in to be hoped that the un-
proved Ito.:~: of the money inarkltidwitLheave a favourable
the h

LI 7F :1:)A"." SET:VICLX.--81,KlETON, MI IN DA Y.
Yestertiftv afterr.oon the schooner Oregon, of Stonehaven,
from 1; ri writ' :tii, for 16161411 i sborough, with railway
chairs, on ent..ric; the Tees wentashore on the Smith Gags
sand ; and h tvi•i; struck heavily 5..011 filled and sunk. Steam
taiga atte„ip:Al in vain to approach her in the surf.
Under th we ;:..tames the Middlesborough lifehost, be.
kriging t. tit. 7g itimal Lifeboat institution, was forthwith
1,,„„,,had .1 down to the vicinity of the swine of
daag,,e. a ion siceeeded in reaching the wreck and in
taking off the crew of f. or men, to VA( ir greet re is!.

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ROUTH KBNAINOTON MUSZWL—During the week
owling April e• lEaster week) the visitors have been ax
follows :—Free days, 18,274 ; free evenings, 8,645; total.
'A:II9. From the opening of the museum, 1,1166,8eti.