The Express.
London, England, 1857-06-09 00:00:00

MONEY MARKET.-IRIS DAY.

Two o'CLoca.
The funds to-day have recovered 4 per cent., mad
am firmer in character. The other departments of
the market are also firm.
Consols are quoted 941 to for the 9th July,
and 931 to fot for money. The Throe per Cents.
Reduced arc marked 924 to ; the New 'three
per Cents. 92;; to t; Bank Stock, 2124 to
214 ; Exchequer Bills, March, 2s. dia. ; Exche-
quer Bonds. 98a to 1; and India Ronda, Be. die.
Turkish Su per Cents. are rather better, at 94L to
954. The only other foreign stocks in which
business is recorded are--Dutch Two-and-a-Half per
Cents., at 631 (exch., 238.) ; ditto, Four per Cents.,
at 971 ; and Peruvian Three per Cents., at 53.
During the last few days it is understood that the
market has been affected by sales against the account
of a large operator for the rise unconnected with the
Stock Exchange, who is alleged to be in difficulties.
At Paris yesterday the 'Three per Cent. Kerter
closed at 67.35 ex div. for money, and 67.60 ex die.
for the end of June. After making allowance foe the
deduction of the half-yearly dividend, a companions
with the closing quotations of Saturday shows a de
cline of scarcely per cent. in the account price, but
of nearly t in the money price. Many of the
operators far higher prices on the Bourse are re-
ducing or closing their accounts, in anticipation of
the approaching dull season for lonsinen, when so
many persons leave the metropolis.
The reports current at Pane are to the effect that
the bullion of the Bank of Prance shows an increase
of nu less than two millions and a quarter sterling
since the last return. We shall be glad to see this
confirmed in the monthly return on Friday next.
The transfer-books ef Conrols and India stock will
be closed this afternoon, and those of the other go-
vernment securities on which the dividends fall dry

next month, to-morrow. •
The Kent has arrived in the Downs from Mel- ..1
bourne, with 62,221 oz. of gold on freight worth *
about 248,880/. The advice* brought by tk(s yard •
have been anticipated, although she liarridi aqut ••
passage of 74 days.
The arrival of the Pirate, from Launceston, is abm
reported, but this ship is not known to have say gold
on freight.
Including the supply by the Kent, an aggregate
of no less than 872,0001. in Australian gold may be
said to await disposal this week, of which about
.100,0001. is known to have been purchased yesterday
by the Bank. Further considerable sums are ex-
pected to be sent into that institution. Wo also
bear of about 15,0001. being yesterday purehaeed ea
Continental account.
The Asia has arrived from Now York with the
extraordinarily large sum of 305,6001. iu specie on
freight ; but a good portion of this is probably oa
Continental account.
The steamer Almogarva has brought about 1,0001.
in specie from Spain.
The Catherine Adamson, from Sydney, has no gold
on freight.
The steamer Avon will take out only 76W. in
specie from Southampton to the Brazils to-day.
The bar silver brought by. the steamer Parana, •
from the West Indies and Meraeo, was sold yesterday i
for the East at bs. lid. per oz. standard, although
not expected to be delivered before to-morrow.
This price shows an advaneeof fd., compared with that
realised for the supply by the packet which arrived
from the West Indies in the middle of lest month;
but in the interval occasional transactions took place
at a decided advance. The large amount of Mexican
dollars, by the Parana, have not yet been sold. The
Chilian dollars realised 4.. !lid. per oz.
that
The advice° received from Melbourne report
the Tudor, with 14,600 oz. of gold on freight, which
put back to that port on the 7th April, diamasted, is
discharging her car.go.
The detailed advice, brought by the Overland Mail
indicate a furtherfar ourable movement of the exchange
at Calcutta on London. This movement is calculated,
if maintained, to ultimately check in some degree the
shipments of silver thither. At Bombay, however,
former rates were fully maintained, and in the Chinese
ports the adverse tendency previously reported is
confirmed. The following shows the closing quota-
tions reported by the last and present mails for first
class six months bills :
lAA Mail. Present Mail.
At Calcutta 2s. 11d. 2a. 11d. to 11d.
At Bombay 2a. 18-164. 2s. 11d.
At Hong Kong
At Shanghai
The Indian accounts mention that the easier ap-
pearance of the money sunlit WWI stimulating sub-
scriptions to the new Government Five per Cent.
Loan. Of the five millions required, about two
millions are stated to have been furnished up to date.
In the wheat market yesterday the previous Mon-
day's rates were supported, except as regards in-
ferior descriptions, which ruled a trifle cheaper.
A telegraphic message from St. Petersburg reports
transactions in tallow to the extent of 1,000 casks at
175 ro., with 10 ro. down, for August delivery.
Rumours are current in Paris, with what founda-
tion remains to be seen, that the Northern of France
Railway Company has come to an understanding
with the government for the concession and con-
struction of the proposed railway from Amiens to
Rouen. In this undertaking the Western of France
Company will also, it is alleged, have some interest.

MONDAY EVII3IIIIO.
Notwithstanding the announcement of fresh arri- .
vats of specie to the extent of more than half
•
million, and the knowledge that a considerable pro-
portion of the recent unpreeedcntedly heavy imports
will be retained here, the funds to-day were very
dull, and rather flat in character. At the close the
final quotations of Saturday were barely maintained.
The accounts from India of the spread of a spirit of
disaffection in the Indian army were referred to as
exercising an unfavourable influence.
In the Stock Exchange to-day, as well as in the
discount market, there was a good demand for money.
Consols, which closed on Saturday at 944.
"sellers," for the 9th of July, opened and closed
to-day at 941 to 4, being equal to 924 to 93 ex div.
The intermediate variation was trifling. For money
the last price was 034 to 4. The official business
report is as follows:—Tbree per Cent. Coevals.
for money, 93i, 94, 931, 94, 935, 934; ditto.
for account, 9th July, 944, 4,4, 4, I. Three per
Cents. Re 'need, 928,, 4, t. New Three per Cents.,
024, 4, Bank Stock, 212. Three-and-n-lialf per
Cent. Exchequer Bonds, falling payable in 1850, 984.
Exchequer Bills were rather fiat, at 2s. discount
to 3s. prem. Exchequer Bonds were quoted 984 to 4.
Turkish stocks show steadiness, the Six per Cents.
closing at 041 to 95, and the Guaranteed Four per
Cents. at 1014 to 4. Other foreign stocks were very
inactive, but steady in price.