The Express.
London, England, 1861-07-17 00:00:00

MONEY MARKET.-(THIS DAY.)

Two eTtoci.

The funds to-day are dull, at the reduction which
took place yesterday afternoon. Little business is
going forward. In the other departments of the
Stock Exchange dulness likewise prevails,
except as regards India Five per Cents., and the
scrip of the New Indian Loan, which are well sup-
ported, and also Turkish Bonds, which are still
rising.

At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Renters opened at
07fr. 70c., being 6c. lower than yesterday.
The India Five per Cent, stock is steady, at 991
to 1, and the scrip of the New Loan, at 1001 to 1.
Consols are officially marked 90 and 891 for
money, and 901 for the account. The present
quotations are 891 to 90 for money, and 901
to f, for the 7th of August. The official business
report is as follows :—Three per Cents. Reduced,
891, 1; New Three per Centw, 891, 1 ; Thirty
Years' Annuities, 1885, 151 ; India Five per Cent.
Stock, 991, 1, /, 1 ; ditto scrip, 1001 ; ditto
Four per Cent. Debenture., 1863, 901; ditto, 1864,
961 ; ditto Bonds, 16e. die. ; Five per Quit. "en-
faced" rupee paper, 941; ditto Five-and-a-Ralf
per Cent., 1011 ; Exchequer Bills, March, small,
864db'. ; ditto June, 2s. dis.; ditto small, par,
2s. prem.

There is a fresh rise of to 1 per cent. in Turkish
Bonds, which continue to meet with a great deal
of attention. The Loan of 1864 is now quoted 79
to 80, and that of 1868 65} to 66. Buenos Ayres
Six per Cents. are heavy, and are marked 83 and
84. Mexican bonds remain dull. Sales are re-
corded as follows :—Brazilian Old Five per Cents.,
99 ; ditto Four-and-a-Half per Cents., 1860, 874, },
87 ; Buenos Ayres Six per Cents. for account, 83,
84; Chilian Four-and-a-Half per 'Cents., 801;
Mexican Three per Cents., 221 ; ditto for
account, 224, 1 ; Peruvian Four-and-a-Half
per Cents., for account, 964 ; Spanish
Three per Ctnts., 481, ex div. ; Turkish Six per
Cents., 1854, 80, 79 ; ditto Six per Cents., 1858,
654 ; ditto for account, 654, 66, 65*, 664 ; ditto
1001. Bonds, 664, 68, 67 ; ditto Guaranteed Four per
Cents., 1014.
In the discount market the demand yesterday was
moderat! and ease continues to prevail. The rates
Ifor the best bills were 14 to bi per cent. At the
Bank of England the applications were very limited.
In the Stock Exchange the supply of money was
largely in excess of immediate requirements, and
loans on government securities from day to day
could probably have been obtained at 2 to 3 per
cent. For long periods higher rates were required.
50001. in gold was sent into the Bank yesterday,
and 60,000 sovereigns were withdrawn for America.
The amount of gold shipped from Melbourne for
England by the Dover Castle is 29,156 ounces, and
by the Sussex, 31,933 ounces, making together
61,089 ounoes, worth 244,0001. The Marco Polo,
with 26,0001. ; the Boras, with 42,0001. ; the
Agincourt, with 79,0001. ; and the Donald MlCay,
with 200,0001., are also still at sea, so tha,; the
ag
on the way is 691,0001.
erthannon will take to-day only 4,5631.
in epesis to the West Indies—all gold.
There was more demand yesterday for bills on the
continent, and in some idstances the rates were
rather less favourable fur this country.
Subjoined is our usual list :
Anisterdism, 3 maths, 12.1 to 4 ; ditto 3 days, 11.19
to ; Rotterdam, 3 soothe, 12.1 to 4; Antwerp, 3
seethe, 15.65 to 74 • Hamburg, mu bans, 3 month;
13.104 to ; Par* 3 :We, 25.35 to 40 ; ditto, 3 months,
25.65 to 70 ; Prankfort-esthe-Maine, 3 monSe, 1194 to
; Petersburg (per rouble), 3 months, 324 to 4 ; Visas.
elf. 60., 3 soothe, 14.35 to 45 ; Triste, eff. So., 3 months,
14.35 to 46 ; Madghorn,rid. 3 soothe. 48 to ; Cod* 3 months,3
Vat bpi; Le soothe, 25.80 to 5 ; Gen
soothe, 25.80 to ss. Milan, months, 35.80 tooa ,5 ;
Naples, 3 soothe, 39 to 4; Palermo, 8 sontie, 117 to 4 ;
Maims, 3 months, 1174 to 4 ; Lisbon, 90 day; 624 to 4 ;
Oporto, 90 days, 1524 to 4.
Messrs. Glass, Elliot, and Co. have received a
telegram from Malta, dated 15th inst., announcing
the successful laying of the second section of the
Malta and Alexandria Telegraph cable between
Alexandria and Benghazi. The third and last sec-
tion will be completed in the course of the next
month. Messrs. Glass, Elliot, and Co. continue
to receive highly satisfactory reports from their
electricians of the state of the cable already sub-
merp?d.
It is announced that from the Ist of January
next the charge for the transmission of a telegraphic
despatch nut exceeding twenty words between any
two stations in France, no matter how wide apart,
will be reduced to a uniform scale of two francs, or
about la. Bd. Beyond twenty words every ten will
be charged 50 ,cr cent. additional.
The liquidation of the stake of the failed Greek
firms is considered to be proceeding satisfactorily.
Bills sent back to Constantinople have been met •
and it is believed that the Greeks themselves will
ultimately arrive at some satisfactory arrangement
of their large claims upon the Turkish government.
The books of Messrs. Beerbohm Magnus, and
Co., corn merchants, whose failure gas already been
referred to, have been placed in the hands of Messrs.
Coleman and Co., the accountants.
Messrs. Baring Brothers and Co. announce that
they will be prepared on the let pro:. to pay the
dividend (6s. 3d. per 1001. bond) due on the lit
ult. on the New Granada Active bonds of 1845,
and on the New bonds issued for arrears of interest.

At the annual meeting of the United Kingdom
Life Assurance Company, held on the 12th instant,
the directors' report announced that the trans-
actions of the year 1860 exhibit a very considerable
increase upon the satisfactory operations of the
previous year, the number of policies issued having
increased from 335 to 368, the amount assured from
259,8001. to 322,5571., and the amount of the
lannual premiums from 9,845/. to 12,1101. The
annual income from premiums alone is now 114,9651.
The assets have increased from 690,140/., on the
31st Dec. 1859, to 790,6651. on the 31st Dec.,
1800. The reports and accounts were unanimously
adopted, and cordial thanks were voted to the
chairman, directors, Mr. K. L. Boyd, the resident
director, and Mr. Macintyre, the secretary.
The annual meeting of the Australian Agricul-
tural Company is called for the 30th inst., when a
dividend will be recommended.

Booths, 10s. dig. ; Five per Cent. "en-''aced'
rupee paper, 94g.
The scrip of the DOW India Loan again met with
considerable busiLess, speculative alluttees realizing.
whilst investors buy. The closing pries was the
same as that of yesterday, namely 1001 to I. The
Old Five per Cett. stock was rather better, at 991
to I. As the si.pply available for transfer is in-
adequate, it is probable that some amount of the
new loan will be raid up in full as soon as practi-
cable.

The March Exchequer Bills remain quoted Si.
to 3s. dia., and the June 2s. dia. to 2s. prem.
The demand for Turkish Bonds continues. The
Loan of 1858 was in especial request, and expe-
rienced a fresh rise of 1 per cent. closing at 64i to
65k. The Loan of 1854, after tieing marked 73i,
left off at 781 to 791, being per cent. higher than
yesterday. Mexican Bonds were quiet, at 221 to p.
There was no alteration of importance to-day in
the market for Bank, Land, Steam, or miscella-
neous shares.

MINES.-(THIS DAY.)

Two o'CLocc.

The transactioas in the mining market to-day
have been rather more numerous. East Caradoa
shares have advanced to 24, " buyers," on a ru-
moured improvement in the mine. Marie Valley
shares are steady at 9/ to /. East Wheal Russell are
quoted 3 to 31, being lower ; West Polmear, 19a. to
20s. ; East Bashet,B4 to 86 ; and East DevonConsols,
21 to f. A nun beg of transactions will be found
recorded in the Stock Exchange official list. Shares
in Prosper United, Cam Camborne, and East
Wheal Grenville, have met with attention.
St. John del Rey Mining shares are in demand,
and have been dealt in at 33 to 331 ; Bon Accord
are marked to 1 ; and United Mexican, si.
The directors of the St. John del Rey Mining
Company (limited) have received, by telegraph
from Lisbon, the following report, dated Morro
Velho, June, 1861 :—Produce for May, 41,114
loitavas ; cost for ditto, 9,0911.; profit for ditto,
6,429/. ; produce 10 days of June, 12,336 oitavaa.
The following are reported to na from the Stock
Exchange as last evening's closing prices :
Alfred Commis, to ; Calvados*, 6to 74 Gun Cain-
looms, 1 to I ; COOes Litsben, 2a to 30 ; East Basset, mil
to 5; East Cando', 221 to 3; East Orenvillet Sea to 40a
East Roman, 31 to 4 ; PA* Devon Greet &ameba 21 to
1; Great Reiallack. 12.5. tid. to 15s. ; Herodefoot, 38 to 9;
Nuke Valley, 91 to lex div. ; North Down*, 41 to ;
North Treskerhy. 22 to 3 ; 29 to 31; Now
wane halted, 23 to 3 ; South Praoei, 120 to 6 ; Stray
Park, fi) to 46 ; West Caredon, 45 to 6; West Bose-
down, to 131 ; West Polmeer, 18s. tork. ; Wheal Norris,
35a to a. ; Wheal Una, 3j to 41; Wheal Wait% 2
to f ; Wheal Harp: et, 40 to 2 ; Whoa Trolawney, 14 to 15.
The half-yearly meeting of the Clarendon Mining
Company of Jamaica is called for the 31st instant.
At Keswick Mine meeting yesterday the account' showed
• debit balance of 1,108/. A call of 4a. per share wss mode.
Frcm Eat Thal Grant& (July 13), Captains G. k.
Wand W. Emmett" write :—"The lode in the engine
s 3 feet wide, and producing 3 tons of ore to time
fathom, with good work for tin (for length of shaft), •
promising lode. The lode in the 35 west a better time 2
fest wide, worth for copper fully 1 too, and tin 71. pee
fathom, • finslooking lode. Here we are laying open
ground that will come away at low tributes. In the 25
east the 'lvan is wan out, and the lodes composed of
frishis quarts, to., • kindly lode. Here we are expictiog an
improvement The lode in the 95 west ia 2 fest wide, pria-
oipally goat= and prian. The lode in the air shaft is pro-
=me=dic, with spots af ore. We are 'Way
tie ore and tin for sampling, which we thiguria
be quits equal to our calculation."