The Express.
London, England, 1861-01-11 00:00:00

MONEY MARKET-(THIS DA 1.)

Two o'CLout.

The Stock Exchange to-day is extremeiTiall.
The funds are very quiet, at yesterday's prices.
British railway stocks are generally weaker, owing
to the disappointment occasioned by the falling-off
in this week's traffic returns. There is uo other
feature of interest in any quarter.
The monthly return of the Bank of France, pub-
lished this morning, shows a decrease of three mil-
lions and a quarter sterling in the coin and bullion,
and an increase of nearly two millions and three-
quarters sterling in the discounts.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cents, opened at 67fr.,
showing no alteration compared with the last price
of yesterday. The return of the Bank of France
has therefore produced no effect.

Consols are officially marked 912 and f; for
money, and 92 for the account. The present
quotations are 911,1 to for money, and 914 to 92
foe the 7th Feb. The official business re-
port is as follows : —Bank Stock, 234, 232 ;
Three per Cents. Reduced. 914, n ; New Three
per Cents., 914, K ; Thirty Years' Annui-
ties, expiring in April, 1885, 104 ; India
Stock, 219 ; ditto Five per Cent. Stock,
1869, 1004 ; ditto Four per Cent. Debentures,
1838, 954, ; Five per Cent. " enfaced." rupee
paper, 94 ; IC:chequer Bills, 25., 55., Is. dos.
Foreign stocks are inactive at former prices.
The Turkish Loan of 1854 is steady, at
70 to 4, and that of 1858, at 58 to 4.
Sales are recorded as follows :—Buenois Ayres
Six per Cents., 66g ; Chiliau Six per Cents.,
1024 ; ditto Four-and-a-Half per Cents., 83 ;
Mexican Three per Cents., for account, 214 ;
Portuguese Three per Cents., 1868, 1857, and 1859,
444, 44, ex div. ; Russian Four-and-a-Half per
Cents., 924, ex div. ; ditto Four-and-a-Half per
Ceuta., 1880, 8111 ; Turkish Six per Cents., 1858,
for account, 56g ; ditto 1001. Bonds, 584 ; ditto
Guaranteed Four per Cents., 1014, 102.

Fous o'CLocK.

Consols are quoted 91;., to I for money, and 911
to 92 for the amount, showing no alteration, com-
pared with the prime current at 2 o'clock.
In refraii.ing from raising the rate of discount
further, the Bank directors are probably actuated
by a wish to avoid exciting unnecessary uneasiness.
Should the American advice. next week indicate
• prolongation of the present drain, the rate eau be
raised on any day.

There were no bullion operations at the Bank yes-
terday, but there waist large withdrawal of sovereigns.
The amount was variously reported in the afternoon,
but was really 100.0001. The principal portion
was fur America, but about 40,0001. is understood
to be destined for Canada, where the banks may be
desirous of strengthening their position, in view of
the disturbance southwards.

The demand at the discount-office at the Bank
continues more active than is usual so soon after
the payment of the dividends. This is owing to
the circumstance that many other establishments
are by no means anxious to do business at present,
and that the rates, apart from exceptional instances,
are not generally below 7 per cent.
In addition to the 12,6001. in specie mentioned
yesterday as shipped from Southampton fur New
York by the Virago, that vessel took 60,0001. from
Havre.

The North. Briton, which sailed yesterday for
Portland, United States, took 2,2501. in specie.
The Bombay steamer which will sail to-morrow
will take about 400,0001. in specie, the bulk in
silver.

Intelligence has been receivel from Melbourne
of the departure of the following gold ships, viz :
The Wellesley, with 32,854 oz. ; the Stratbedon,
with 49,040 oz. ; the Essex, with 14,845 oz. ; and
the Champion of the Seas, with 9,154 oz. The ag-
vegate is 105,893 ounces, worth 424,0001. The
Roxburgh Castle, with 167,0001., reported by the
prmions mail, is also at sea ; she has now been out
66 days. The aggregate afloat is, therefore,
591,0001. being below the average.
Tbe mails from Australia, Calcutta, and China
will be delivered in London to-morrow(Saturday).
Subjoined is a copy of a telegram, giving athices
from Melbourne to Nov. 24 :—" The market has
greatly improved. Wool exports since last mail,
16,861 bales. Brandies : Martell, 10s. 6d. ; Hen-
nessey, 10s. ; Geneva, 15s. Od. Butter, la. ; deals,
otl. ; hope advanced 6d. ; Bass, No. 3 10s. • malt,
2s. Oihnan's stores, towed sales. Exchai;ge and
freight unaltered.' The accounts from Adelaide to
Nov. 26 re ..rt :—"The wool clip is highly satisfao-
tory-10, 11l bales have been shipped. Copper,
971. Exchange, 1 prem.—selling, 1 discount.
Wool, good clean, 15d. to Uhl."
A China tel says :—" Tea increase,
5,000,0001 be. Exchange Id. higher at Hong Kong.
Shanghae unchanged. shirtings and yarns—active
demand ; prices unaltered."
A general meeting of the Mercantile Discount
Company (Limited) is called for the 24th inst., and
will be made extraordinary, to consider the expe-
diency of a voluntary windingup.
The settlement of the list of contributories of the
Patent Wood or Fibrous Slab Company (Limited) is
to be proceeded with in the Court of Bankruptcy
on the 31st inst.

Subjoined is Messrs. Culverwell, Brooks, and
Co.'s report of yesterday's hide sales :

At the first series of Wes for the new year there wail
better demand than (owing to the rate of 7 per cent. ruling
for mopes) was generally expected. The home trade were
buyers of East India kips of fair to good quality, red there
was a fair export demand for both hip and salted hides,
especially the latter, thereby proving that, with an easier
money market, a good general demand would have existed
at steady prices. East India—Ox and Cow : Qticutta, for
the hides sold LW odes rate. were obtained, with, owing
to good competition, an occasional advance upon Doom or
home trade bidet,. The export truce wee neciewil)•
owing to the frost, which also told against the home de-
mand. Madras, Pondicherry, lee, were rather neglected,
and a portion had to be bought in ; these sold, however,
realised about former prices. The manly. of the sales,
85,704 ; Calcutta, new parcels 3:3,583 brought forward
from former sales
es
and Mad Pondicherry,
he., in all 132,42; hides, of which 65,7ra5, 50 were sold.
East Inds—Buffalo : The few brought forward were part
sold at previous prima Salted Hides—This market allowed
a better demand, especially for Australian. both Sydney
and Melbourne falling at S per lb. advance. Cape, being I
more particularly borne trade hides, were not all sold,
neither were former prices maintained upon all qualities.
Newfoundland were all bold. Walrus all bought in.
South American—The parcel sold was of inferior quality,
and came into London land carriage. Leather —The
East Indian consisted of Madras, which wag well competed
for and realised full prices, with an occasional advance of
Id. to id. per lb. Australian—The portion sold realised
former prices. Dry Hides—Cape, ox and cow were mostly
bought in, Gnu sold well. Rest India the quantity
offered wee small and sold. Horse Hides—Those sold were
the cut and tallow damaged, which were well competed
for. Bark—Minuaa was sold at the low prices lately
current.

Advices from Boulogne mention that the whole
of thecargoof theArtiville, which went on shore near
that plaoe, while on her voyage from Macao to Lon-
doe, had been landed, and would be forwarded to
London. It included 546,7001 b. of tea..

THURBDAT EVIMING.

Consols, which closed yesterday at 92 to 1-16
for the 7th February, opened this morning at 91j to
advanced after the breaking up of the Rank
Court to 92 to 1, and closed at 91 15-16 to 92. For
money the heat price was 911 to 1. The official
business report is as follows :—Three per Cent.
Consols, for money, 911, 1, f ; ditto, for account
(Feb. 7), 92, 91L, ; Three per Cents. Reduced,
91e, 4, ; New Three per Cents., 91k, j, e, ;
India Stock, 220 ; ditto Five per Cent. Stock,
1859, 100 j, j ; ditto Four per Cent. Debentures,
1839, 96; ; ditto Bonds, 125., 75., diA.
The Indian Five per Cent, rupee paper wax
quotei. 94 to 95 : the Five-and-s.-If per Cow.:
110 to 101 ; Five pa tent. stock of 1650, 104;

3.

to I for money, ?King rather offered ; India Bonds,
12s. to 7s. dig., showing a fall of 2s. ; and Exche-
quer Bina, 4s. dia. to par, being ln. lower than
yesterday.
There was no alteration of importance in the
foreign stockmarket. Spanish Pewee Bonds remain
heavy, and Were dealt in at 18 to 19. Turkish
left off the same as yesterday—the loan of
1854 at 70 to I, awl that of 1858 at rai
tel. Mexican Bonds were quiet, at 21 to 4.
The traffic returns this week are much less fa-
vourable than of late, owing chiefly, no doubt, to
the severity of the weather. The Eastern Counties
Railway traffic return shows this week a decrease
of 1,484/. ; the Great Northern, a decrease of
1,8481. ; the Manchester. Sheffield, and Lincoln-
shire, a decrease of 1,0111. ; the Lancashire and
Yorkshire, an increase of 2,041. ; the Midland, an
increase of 1201. ; the North Eastern, im increase
of 1,3531. • the Great Western, R decrease of 1421. ;
and the Ljandon and South Western, au increase of
7911.

It will be seen that the weekly traffic return of
the Lancashire and Yorkshire Company was cor-
rectly reported yesterday. It is justly objected
that individuals ought not to be in possession of
this information in advance of the general public.
This is almost a solitary instance of the kind, and
it occurs habitually in the case of this company's
teethe return. It would be much more creditable
and satisfactory to the eumpany and Lite officers
were the simple expedient adopted of telegraphing
to the Stock Exchange directly the figures are
made up.
The traffic receipts of the Grand Trunk Railway
of Canada for the week ending Dec. 22 were
12,780/. sterling, being 9721. more than for the cor-
responding week of last year. The gross receipts
from the Ist July last have been 354,5291. sterling,
being 35,0201. more than last year.
There was no alteration of importance in the
market for bank shares. Those of the London
Chartered Bank of Australia were rather flat. In
miscellaneous shares a slight improvement occurred
in Australian Agricultural.

A fall of 1 per cent. took place iu New South
Wales and Canada government bonds.
The closing quotations for shares in new under-
takings to-day were as follow :—Gocan Marine In-
surance, 31 to 4f prem. ; Thames and Mersey
Marine, 1 3-16 to 1 5-16 prem. ; Universal Marine
Insurance, 14 w lf prem. ; London and Provincial
Marine, dia. to:par ; East India Irrigation, Ito
dis. ; East India and London Shipping, f to
prem.

MINES.--(THIS DAY.)

Two &Mom

The mining market to-day is inactive, and the
tone is rather flat. The principal transactions have
been in shares in Wheal Kitty (Lelant), Trelyon
Congo* Wheal Margaret, East Wheal Russell,
Wheal Seton, Tin Croft, and West Wendron Con-
sole. In the Stock Exchange Devon Great Consols
shares are officially marked 4124, and 416, and
Wheal Kitty (Lelant). 13.
Foreign and colonial mining shares are very quiet.
The only business reported in the Stock Exchange
is in Mariquita, at 10s.
At Old Tolgua United Mine meeting, yesterday, the ac-
counts showed a debit balance of lAkle. A call of 21. par
share was made.

COMMERCIAL AND MARKETS.

MARK-LANE.-(THIS DAY.)

The frost continues very hail', but the wind is to-day
from the southward and westward, and, as • heavy fog
was experienced yesterday, some hope is entertained of a
clause, but this is not general.
The arrivals of home-grows corn since last day are me-
dente per rail, but by yeasel next to none, the river getting
less navigable daily from the increase of the ice. There
are • few parcels of Scotch barley and one of
Irish oats reported since Wednesday. The ar-
rivals of foreign are very limited, in addition to that
day's report. Wheat, one cargo from the Black Sea; one
parcel of barley from the same port. One small cargo of
Danish oats. Flour, a few barrels from the Mediterranean.
Very little doing in wheat to-day, trade being confined
principally to granary, in retail value equal to Monday
laat.

Harley without alteration.
Oats are fully ss dear m on Mond.y, buyers working on
their stocks, not being able to avail themselves of anything
like choice.

Roane and peas dull.
FLOUR.-A few barrels selling in retail to needy buyers,
to bo carted from granary.
FLOAT/No Csmings.-No arrivals, and, consequently,
nothing to do business with.
Wagon-English : Eras and Kent, white, now, 408. to
625. ; ditto, fine uld, 65e. to 705.; ditto red, new, 38s. to :iBs.;
ditto, fine, old, 545. to 665. ; Norfolk, lac., fire, old, 61s. to
695.; red, now. 465. to 595. Foreign : Danteic, 655.
681. ; fine, 68s. to 765. ; Konigsberg, 545. to 655. ; ditto,
extra, 69a. to 7.70.; Rostock, 65e. to 68c ; fine, old, 695. to
725. ; AnlaiSin white, 635. to 68s. : ditto red, 61s. to 655.
pAILET.-English malting. 42a. to 46a. ; floe, 48..;
grinding, 300. to 335.; distilling, 325. to Xis. per qr. ;
foreign grinding. 1.1.0. to 335.; ditto distilling, Ws. to 38s.
YAM-English, Essex and Norfolk. 60s. to 625. ; fine,
655. to 681.; kingston and town made, :i3s. to 685.; tine, ties.
tons.; brown, fee. 58s.
OATS.-English feed, 735. Od. to 265. Od. ; potato,
26a. to 30e. ; foreign, 21s. Ocl. to 275.
Rime.-Engliela tick, 33.. to 375. ; harrow, 37.. to 41s. ;
pigeon, 375. to 41e. ; foreign, 375. to 395.
Pose.-English boilers, 40s. to 44e.; maple, 40s. to 430.;
gre_y, 365. to 40a; foreign, 425. to 445:
FLOUS.-English town, 525. to 544. ; ditto fine, 555. to
575. ; country, 410. to 465. ; households, 465. to 51s. ;
Norfolk and Suffolk. 41s. to 445. ; French, 41s. to 49.4. per
sack American, 30s. to 35e. ; Canadian, 31s. to 355. ;
Spanish, 465. to :As.

AL/WILLI INTO LONDON FROM JAW. 7 TO JAN. 11.
Estdsh and Ike .. Y•reign.
nye I I 90.0
5770

Wheat
Barley
caw ..

Malt
Loa& Mar. 979 sacks ; Forelips.

use'buNMLad b)O aka

LIVERPOOL CORN MARKET.-(THIS DAY.)
Off NB/71411 AND MAW NAGNZT(C MEDIUM.)
(rsox °us ows anunrosuaNT.)

The arrive:a since Tueeday are sery moderate. The
weather for • i.ay or two past he, been less severe, and
there are now etrong indications of a thaw. The trade has
been very quiet. the demand being chiefly of a load retail
character, and pr:ars generally have favoured buyers.