The Express.
London, England, 1861-07-16 00:00:00

iii

MONEY MARKET.-(THIS DAL) :

Two 4,0w0z.

The funds remain dull, at yesterday's prices, whilst
most other classes of public securities are rising.
There is an improvement to-day in Indian railway
stocks, and also in English, particularly in Mid-
land. Turkish Bonds continue to advance. The
India Five per Cent. Stock, and the scrip of the
new loan, are still being absorbed for investment.
This is settling-day in the share markets.
At Paris this morning, according to Mr. Renter's
telegram, the Three per Cent. Rentes are quoted
67fr. 70c., being sc. better than yesterday.
Consols are officially marked 90 and / for
money, and 901 and for the account. The pre-
sent quotations are 90 to for money, and
901, " buyers," for the 7th of August.
The official business report is as follows :—Bank
Stock, 231, 229 ; Three per Ceuta. Reduced, 891,1;
New Three per Cents., 891, ; New Two-
and-a-Half per Cents., 75 ; India Stock, 2181 ;
ditto Five per Cent. Stock, 991, 1; ditto for ac-
count, 991, 1 ; ditto scrip, 1001, I,} ; ditto Bonds,
10s. dig. ; Five per Cent. "enlaced" rupee paper,
941; Exchequer Bills, March, 4s. dis. ; ditto small,
Si., 3s. die. ; ditto June, 2s. prem.
There is a fresh rise of per cent. in the Turkish
Loan of 1854, and 1 per cent. in that of 1858. The
present quotations are respectively 79 to I, and
544 to 551. Other foreign stocks are steady.
Sales are recorded as follows :—Braailian Old
Five per Cents., 99/ ; ditto Fonr-and-a-Half per
Cents., 1880, 87 ; Dutch Two-and-a-Half per
Cents., 831, ex div. (exchange 12t); ditto
Four per Cent. Certificates, 100/, 991; Equador
' New Consolidated, 111; Mexican Three per Cents.
for account, 22/ ; New Granada Active, 151 ;
Peruvian Uribarren Four-and-a-Half per Cents.,
831, ex div.; Sardinian Five per Cents., 781;
Spanish Three per Cents., 484, ex div. ; the Com-
mittee's Certificates, 54 ; Turkish Six per Cents.
1854, for account, 791 ; ditto Six per Ceuta., 1868,
631, ; ditto, for aocount, 614, 831, 851 ; ditto
1001. Bonds, NI, 87.

The exoliiingeat New York has risen to 106} to
1, in consequence of the demand for remittanoes to
England against the dividends due here during the
present month, the total of which probably reaches
a million sterling. In some of the American letters
doubts are expressed whether the rise will be main-
tained after the immediate cause has passed
away.

The present American advices merely extend to
the eve of the meeting of Congress in extra session.
The next aocounts are, therefore, looked for with
great interest.
The discount market yesterday was quiet. Good
bills were taken at 151 to ISS per cent. At the Bank
of England the demand was limited.
In the Stook Exchange loans on government
securities for short periods were obtainable at 3 to 4
per cent.
An instalment, averaging rather more than 17
per Gent., falls due on Friday next on the new
India Loan of 4,00,0001. It will require about
700,0001.

About 10,0001. in gold was by the Bank
yesterday. 40,0001. in sad silver arrived
from the Levant. Of the 89,0001 by the Seine,
from the West Indies, 59,0001. 1/ silver and 30,0001.
gold.

The Norfolk, from Melbourne, by brought
58,786 ounces of gold, worth 235,0001 The Agin-
court, with 79,0001.., was spoken with. on the h
inst. by the steamer Seine, from the West Indies.
The Australian telegrams just to hand report the
sailing for England of the Dover Castle and Sussex
with a large amount of gold.

The market both for bar silver and Mexican
dollars is rather firmer owing, not to any increase
in the demand for the Fast, but to the smallness
of the supply on band.
The Austrian deficit for the year 1880 amounted
to what the Vienna financiers apparently consider
the trifling sum of (equal to) six millions and a half
sterling. In the previous year it was acknowledge'
to be twenty-eight millions sterling. The marvel
is, how these continual deficits are provided for.
The letters from Calcutta, China, and Australia
will be distributed in London this day (Tuesday)
evening, or on Wednesday morning.
Firmness continues to prevail in the Liverpool
cotton market. The sales yesterday amounted to
15000, bales.
The indigo sales yesterday went off rather flatly.
The following memorandum is from the Ecuatorian
Commission of Agency : " Advioes have been re-
Anived to-day from Messrs. Gutierres and Co.,
dated Guayaquil, June 13, stating that they are
prevented remitting the funds they have in hand
from the custom-house duties, by an entire want of
bills of exchange in this place."
We have authority for stating that the Great
Eastern is to be employed regularly in the trade
between Liverpool and New York, but as at this
season the
.prospect of receipts from visitors at
Liverpool is good, it is intended to exhibit the ship
at that port from the second week in August (when
she is expected to return from Quebec) until about
the 10th of September, when she will sail for New
York, returning to the Mersey about the middle of
October. . .

The Brighton Railway traffic return shows this
week an increase of 1,0981., and the South Eastern
a decrease of 4,4721., which is accounted for by the
Agricultural Show at Canterbury in 1860.
A further call ot 21. is to be paid on the shares
(with 101. paid) in the Great Indian Peninsula
Railway Company by the 14th August.
A special meeting of the Ottoman Railway Com-
pany is called for the 9th August, to approve an
alteration in the statutes extending the number of
the council of administration from six to eight
. .

members.- A proposal will also be eubmittedto
the shareholders for the construction of a branch
line of railway to Tireb.
The adjourned annual mewling of the Bombay,
Baroda, and Central India Railway Company will
be held on the 29th instant. . .

The half-yearly meeting of proprietors of the
London and County Bank is called for the Ist
Al'ilan:rtfollowing financial details are from Messrs.
Canunann and Co., of New York, under date of
the 2nd inst. :
There is no important new feature in the stock market.
%einem der* the fortnight bas been rather more active,
mad the tandeincy of prices upward, but without any mate-
rial advance. There is no apparent reason for the improve.
meet, except a hope that at the approaching session
of Cooper soesg may be done towards an early settle-
ment of the existiog tiolitioal difficulties Present indica-
tions, however, do no. seem to justify this hope, and it is
generally expected the. all attempt@ at a compromise during
this session will fail. The son.paynamt, in this city, of Um
interest due Ist inst. on the boods of the seceding steles and
this (exemirs( the state of Florida and the city of Mobile,
the coupons of which have been paid as heretofore) having
been generally expected, has not materutlly depressed their
market value. In some tames the coupons in default will
probably be paid at their places of issue, but nothing certain
is u yet known on this point, and under present circum-
stances their collection will be difscult and expensive. The
war loans of the states of Ohio, Pennsylvania, and New Jersey
lave been taken by the citizens of those states. For the
Indiana loan no bid* below 8.5 were accepted, and no satis-
factory offers having been made for that of Illinois it bee
been withdrawn from this market, and will protably be
takes in Illinois. The Seven per Cent. Loan of the state of
New York. for 700,000 dole., redeemable in 1870, was taken
on the 25th ult. it 101.65 to 104.50.
In the money market the teedeney is towards greater
ease, and rates of interest are uecbanged. Cell loans are
very abundant at 4 to 6 per ant., and discount oe first-clam
paper ranges from 6to 9 per cent. The bask returns for
the fortnight show a decrease in loans of 3,090,800
and an increase in specie of 3,797.800 dola. The reoeipts of
gold were 4,060,000 dole.. from Europe, and 1,007,191 dole.
from California.
Foreign exchanges are higher and lira. The supply of
bills is quite limited, and the remittance of dividends, Ire.,
by this mail, has made the dimmed active.
The Emigration Commissioners will receive ten-
ders on the 18th instant for the hire of shipping to
convey liberated Africans from Biters Leone to
Jamaica.