The Express.
London, England, 1857-02-06 00:00:00

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Consols, after declining to 921 to 93 for money,
and 931 to for the bth March, are now quoted 03
for cash, and 931 to for the new account.
Tho settlement is now completed. The Three
per Cent. Reduced have been dealt in at 93/ to 1;
the New Three per Cents. at 931 to 4.; Bank
Stack at 216 to 217 j ; Exchequer Bills at par to 3e.
prem. ; Exchequer Bonds at 981 to 1; and India
Bonds at Is. dis. to par.
Turkish Six per Cents. have fallen to 93 to 1 ;
and the Guaranteed Four per Cents. to 1001 to j ex
div. Other foreign stocks are fairly supported,
with a good general business. The sales
comprise Brazilian Old Five per Cents. at
1021 ; Danish Three per Cents. at 84 and 65; ditto,
Five per Cents., 1041; Dutch Two-and-a-Half per
Cents., 651 (exchange,l2ll.); ditto, Four per Cents.
Certificates, 981 to ; Equador New Consolidated
Bonds, 141; Portuguese Three per Cents., 1853,
for the 13th of February, 441. Russian Five per
Cents., 1091; ditto, Four-and-a-Half per Cents. 96/
to 97; Sardinian Five per Cents. at 90 to 901;
Spanish Passive Bonds, 51; the Coupon-Certificates,
61 per cent. French Four-and-a-Half per Cent.
Rentes, 931 r. 60e. (each, 26fr. 20c.)
As the wind has now changed to the westward,
the arrival of the Heather Bell is hourly looked for
from Australia, this vessel having been about 96
days at sea.
The steamer Harbinger, which is to leave Dart-
mouth to-day (Friday) for the Cape of Good
Hope and India, will take out 15,000/. in specie, o
which about 6,0001. is for the Mauritius, and the
rest for the Cape.
Tho ship &Ilona has arrived off Torbay from
Hong Kong with 862,600 lbs. of tea on freight.
An attempt is being made under satisfactory
auspices to supply a want long felt in London, viz.,
that of increased facilities for transactions in land
and house property. Hitherto, buyers and sellers
have scarcely known where to find each other, the
only means of communication being by public
advertisement. It is now contemplated to establish
in tho City an auctioneers' and land agents' sub-
scription-room and exchange, where the members
may be brought into personal communication, and
where, by a system of registration, they may more
readily ' find purchasers for that which they may
have to sell, and obtain investments for those by
whom they may be instructed to buy." The Dab-
seription is to be three guineas per annum. Strict
regulations are to be adopted to keep up the chaise-
ter of the institution. We notice amongst the com-
mittee, the representatives of some of the leading
auctioneers' firms.
In a report st issued by the directors of
the Chartered Bank of India, Australia, and
China, it is announced that a all of 21. is
to bo paid in one month, and 2/. in two
months afterwards. The residue of the shares
hosing all been placed, and the calls upon them paid,
the bank will be enabled speedily to commence busi-
ness under the original charter, "in a field where
commerce is extending with extraordinary rapidity,
and where the capital of this bank cannot fail to
yield very considerable returns."
The annual meeting of the Madras Railway Com-
pany is called for the 19th inst., and that of the Kist
Indian Iron Company for the 20th inst.
The annual meeting of the Illinois Central Rail-
way Company is called for the 18th March, at New
York.
New York advice* state that, of the debt of Cali-
fornia now declared unconstitutional, about 1,600,000
dollars, or 320,0001., is held in California itself. This
fact is referred to as strengthening the hope that the
entire debt will be ultimately recognised.
The prospec!ns of the William-Luxembourg Rail-
way is issued in Paris, with a proposed capital of
2,000,0001. sterling—viz., 1,400,000/. in shares, and
600,0001. in bonds. Of the share capital, 000sbfiaat
of 70,000 shares of 201. each, it is alleged
60,000 are already placed. The proposedlines are
four in number, all starting from the town of Lux-
embourg. The first is to run to Metz on the French
frontier; the second to Arlon and Brussels; the
third to Trevor and Coblentz, on the Prussian fron-
tier; and the fourth to Aix-la-Chapelle, Bps, and
Cologne. The Grand Duchy of Luxembourg gives
• subvention of 120,0001., or equal to 8001. per
kilom., the total length being 161 kiloma. This sub-
vention is to be repaid to the state out of half of the
net profits exceeding 7 per cent. The concession is
for 99 years, and the contract contains no clause for
the purchase of the line by the state. Five per cent.
L to be paid to the shareholders during the construc-
tion of the lines.

The position of the market for American securities
is thus noticed by Messrs. 1). Bell, Son, and Co.:—
. .

TY saarbet for American securities, during the yam
wash, Ms - quiet. The transactions both in state stocks
sai ralleray bonds have been on a limited scale, and prime
on without any material alteration.

Tin report of Mr. E. F. Satterthwaito is imb-
joined, vis.:
Ti.l bag been a dandy buinera is American securities in
Lemke' during the put week, without any material change
is takes.

TIICHSDAT EVZNIXO.

The funds, owing partly to a purchase for the
Court of Chancery, were fairly supported this morn-
ing, at the slight reduction which was established
after the recognised hours yesterday afternoon, but
towards the close heaviness became apparent, and
prices finally left off at a further decline of I per
cent. This depression is mainly attributable to the
abundant supply of stock indicated at the settlement
now concluding. The rate charged for carrying over
the accounts of speculative holders was to-day fully
per cent., or equal to upwards of 61 per cent.
per annum. English and French railway stocks
were also rather flatter, the latter being prejudiced
by the rumours afloat at Paris that a tax is about
to be imposed upon this description of property.
As we anticipated, the directors of the Bank of
England made no alteration in the rate of discount
at their weekly meeting to-day. As the pressure
for money has not increased, and as the forthcoming
return is expected—despite the late demands upon the
Bank—to present satisfactory features, there was
obviously no immediate necessity for more stringent
aseseares. It is known, however, that 20,0001. in
gold was taken from the institution to-day, for ex-
patiation, is addition to the 40,0001. withdrawn
yesterday.
The demand for money was to-day good, and there
is a disposition in many quarters to demand some
advance over the Bank rates.

Consols were quoted during the greater part of
the morning 93 tot for money, and 931 to 1
for the 6th of March, and closed at 93
for cash, and 931 to 1 for the new account.
The official business report is as follows:—Three
per Cent. Consols, for money, 931, 93, 931 ; ditto
for account, 6th March, 931, 1. Three per Cents.
Reduced, 931, 1, f. New Three per Cents., 931,
1. Long Anns., expiring in Jan.,1860, 21. Thirty
Years Annuities, Jan., 1860, 211.16. Thirty Years
Annuities, April, 1885, 181. Bank Stock, 2171.
India Stock, 219, 220. Three-and.a.Half per Cent.
Exchequer Bonds, falling payable in 1868, 981, 1,1;
ditto, 1869,981,1.
Exchequer Bills were quoted Is. dis. to 2s. prem. ;
Exchequer Bonds, 981 to ; and India Bonds, 2s.
dis. to Is. prem.
Turkish Six per Cents. declined; per cent., closing
at 93t0 Guaranteed Four per Cents. were
last (hated. 1001 to 101 ex die., showing a redac-
tion of / per cent. Russian Five per Cents. were
quoted I per cent, higher, in response to the advance
ea the Continent. Other foreign securities remain
steady.