The Express.
London, England, 1861-03-08 00:00:00

molar ZARIB2.-(THIS DAIS

Two o'CuwE.

The funds have remained flat during the greater
part of the morning. At one period a fresh
decline of per cent. occurred. There has
since, however, been • recovery to the
closing quotations of yesterday, and the appearance
of the market is now steadier. In the share
markets, in the absence of bummer, there is no
variation of the slightest importance.
At Paris t►is morning, according to Mr. Renter's
telegraph the Three per Cent. Renton opened
at lielfr. 18c., showing no change since yesterday.
The scrip et the new Indian loan is quiet at
100# to

Consols are officially marked 911 and g,
for money, and 92 and 91i, for the account.
The present quotations are 9111 for money, and
92 to k for the 10th of April. The official
business report is as follows Bank Stock,
234, 232 ; Three per Cents. Reduced,
for money, 911, g, cum div. ; New Three per Cents.,
911, g ; India Stock, 221 ; ditto Five per
Cent. Stock, 1001, 100, 991 ; ditto Four per
Cent. Debentures, 1858, 951, I ; ditto 1859, 95/ ;
Five-and-a-Half per Cent. " enlaced " rupee
paper, 1001.

There ie a fresh improvement of } to } per cent.
in Turkish bonds : the Loan of 1854 is quoted
70} to 71, and that of 1858, 521 to 53,
ex dir. Mexican Bonds are well supported,
at yesterday's improvement, and are marked.
231. Sales are recorded as follows :
Brazilian Four-and-a-Half per Cents., 1860, 85} ;
Belgian Two-and-a-Half per Cents., 55 (exchange
25fr.) ; ditto Four and-a-Half per Cents., 97 (ex-
change, 25fr.) ; Mexican Three per Cents, for ac-
count, 231; New Granada Active, 161, }; Sardinian
Five per Cents., for account, 811 ; Spanish Three
per Cents., for account, 49; Turkish Six per Cents.,
1858, for account, 53, 521,ex div. ; ditto Guaran-
teed Four per Cents., 991, I.

At a meeting to-day of the creditors of Mears.
Bello Brothers and Co., the liabilities were
stated by Mr. Mosta% the accountant,
at 93,5101., and the assets at 106,5010.,
showing a surplus of 11,9981. It was
resolved to agree to the proposal of
the firm to pay 20s. in the pound in instalments
extending over 21 months, and strung testimony
was borne to the honourable character of their
dealings.

The Wilk of England has notified that they
are ready to commence the usual quarterly ad-
vance. on approved bills, having not more than cix
mouth% t. run, and on government securities, of
mime at the rate of $ per cent. The advances will
extend up to the 10th of April.
The course of the Vienna Bonnie continues to in-
dicate great distrust. The exchange has risen to
150.60.

The transfer books for the Reduced Three per
Cants. and Annuities for 30 years (1886) were shut
for the dividends yesterday. Those for Bank Stook
and th., New Three per Cents. were shut to-day.
About MOM in gold was bought by the Bank
yesterday. The Ocean Chief has arrived from
Melbourne with 22,270 ounces of gold, valued at
92,0001. The Tagus has taken 20,000 sovereigns
for Lisbon.

The latest quotation of exchange at New York in
1061 to 106. Various estimate* are current re-
specting the amount of specie likely to be
shipped to-morrow by the Canada, for Boston.
Perhaps 200,0001. may be neared the truth.
Only 100,000/. in gold is known to be now at
sea from Melbourne, but the Australian telegram,
whicb is daily expected, will announce the despatch
of further remittances for this country.
The remittances of s for Bombay by the
next packet are expected to be below 150,0001. or
200,000/.
The whole of the 8,000,000 dole. of the New
Six per Cent. Federal Loma just offered by the
Treasurer of the United States has been taken at
New York at 90 per cent. and upwards, the average
of the accepted tenders being about 94. The
total amount applied for was 11,000,000 dollars.
The result is considered very favourable by
American hones here, as the confidence testified
by the New York capitalists in the securities of the
Federal government indicates that a convulsion is
not generally apprehended.
The improvement in Turkish Bonds was occa-
sioned by reports that arrangements will shortly be
made for putting upon a better footing the pay-
ment of the Constantinople customs duties, which
are specially mortgaged to the bondholders. An
address to the Turkish Ambassador was in course of
signature in the Stock Exchange yesterday, begging
him to use his influence with his government with
' a view to the immediate adoption of a better sys-
tem. It is not a question of any immediate in•
creme of distrust of the government, the
simple fact being that the bondholders, who have
had a particular branch of revenue assigned to
them, wish the money to flow through the hands
of their own agents. No government agency is
needed at all.

The terms of the bill for amending the act and
consolidatim; the position of the Red Sea Telegraph
Company were finally settled before the select
committee of the House of Commons yesterday, to
the satisfaction of all parties concerned. As a
matter of course, it fully affirms the uncon-
ditional character of the company's guaran-
tee. What is not at all satisfactory how-
ever, but really a blot upon the national
credit, is the fact that whilst government,
parliament, and the public own that the guarantee
is unimpeachable, and whilst the money voted by
parliament for the purpose last year is actually
lying in the Treasury, the overdue interest is still
withheld from the shareholders.
The Eastern Counties Railway traffic return
shows this week an increase of 601/. ; the Midland
an increase of 1,6661. ; the Lancashire and York-
shire an increase of 1811. ; the Manchester, Shef-
field and Lincolnshire an increase of 6881. ; and
the North Eastern an increase of 1,697/.
The proposed dividend on Scottish Central Rail-
way stock is officially announced at the rate of r 4
per cent. per annum, being the same as at the
corresponding period of last year.
The report of the directors of the Van Diemen's
Land Company recommends a dividend of be. per
share, free of income tax, the balance in the com-
pany's favour in England being above 2,0001.
At the first ordinary meeting of the Universal
Marine Insurance Company, held yesterday, the
directors' report, the substance of which has al-
ready been published, was agreed to.
The fifth and last call of 21. 10e. is to be paid on
the Five per Cent. Preference shares in the Great
Northern Railway Company by the 27th inst.
With reference to the market for American secu-
rities, Messrs. De Bell, Son, and Co. report an
follows :

The actual transactions in American state mcnrities during
the put week have been few and unimportant. Then, are
buyer, waiting for bargains, but stocks are not premed for
sale.
A meeting of merchants and others engaged in
the wine and spirit trade was held at the London
Tavern yesterday, " for the purpose of considering
the present mode of levying duty on wine according
to alcoholic strength, anti of adopting a memorial to
the government on the subject." The chairman
(Mr. G. G. Bandeman) pointed out the injustiou of
the present system of levying the duty. It was
also mentioned that it was a very common thing
for wines oat of the same butt, the strength of
which had been tested by this method, to be
charged different rates of duty. The subjoined re-
solution was adopted That the preempt mode of
levying the duty on wino by alcoholic test has
roved since its introduction moat vexatious and
troublesome to the trade, and in many instances
unjust, unequal, and inaccurate in its character."
Another resolution, in favour of the presentation of
a memorial to the Treasury, praying that a more

uniform rate of duty may bo adopted, was also
unanimously passed.
The Liverpool cotton market yesterday was firm,
but quiet. The sales comprised 8,000 bales.
In the Court of Bankruptcy yesterday an adjourn-
ment to the 2nd May was ordered iu the care of
Messrs. Smith and Sinclair, linen factors, of Pan-
eras-lane, whose balance-sheet is a very bad one.
There were sonic long proceedings in the case of
Messrs. Hooper and Parkinson, leather factors, of
Seething-lane, the certificate meeting being ulti-
mately further adjourned.

THITIUIDAT Evisstwo.
ConsoLs, which closed yesterday at 92j to j for
the 10th of April, opened this morning at the same
quotation, and closed at 92, "buyers." For money
the price opened at 91i to j, and closed at 91i to
4. The " continuation" was 9-16 to per cent.
The official business report is as follows :
Three per Cent. Consobs, for money, 914, j, 4, 4 ;
ditto, for account iApril 10), 92j ; /three per
Cents. Reduced, 91 , 4,4, ; New Three per
Cents., 914, 1, j, I, ; New Two-and-a-Half
per Cents., ; Bank Stock, 2324, 2314, 233 ;
India Stock, 2224, 291:14 ; ditto Five per Cent.
Stock, 1004, 991, 100 j ; ditto Scrip, 100 j, ;
ditto Four per Cent. Debentures, 1868, ra4 ; ditto
Bonds, 255., 395. die. ; Five per Cent. ' enfaced"
rupee paper, 941.
The scrip of the New Indian Loan was last
quoted 100/ to 4, beilitrather flatter ; the 5 per
cent. stock, 991 to I ; the 5 per cent. rupee
paper, 94 to 95 ; the per cent., 100 to 101 ;
and Exchequer Bills, 6s. to Is. du.
The inquiries for Turkish Bonds were more
numerous to-day, and a rise of Ito per cent. took
place ; the Loan of 1854 closed at 704 to 4, and that
of 1858, which was in chief request, at 521 tot, ex div.
There was also • renewed demand for Mexican,
which rose 1 per cent., leaving off at 23j to 1.
There was no alteration to-day in the market for
bank, land, steam, or miscellaneous shares.
Canada Government Five per CeAta. were fiat,
and Victoria firm.

A fall of about 2 per cent. took place to-day in
United States Five per Cents.
The closing quotations for shares in new under-
takings to-day were as follow :—Ocean Marine In-
surance, 24 to } prem. ; Thames and Mersey
Marine, } to 1} prem. ; Universal Marine In-
surance, 11 to I}m. ; London and Provincial
pre
Marine, par to 4 prem. ; East India Irrigation,
f to } dis. ; East India and London Shipping, par
to } prem. ; and Central American Piers, } to 1
prem.

The Palmereton has arrived from China, with
408,300 lbs. of tea and 784 bales of silk.