The Express.
London, England, 1857-03-26 00:00:00

LINFA LFA.CD AT ?MED RIDITAIJ.

II 14

MONEY MARKET.-TIIIS DAY.

Two o'CLocK.

The funds arc firmer to-day, and have attained an
improvement of per cent. The other departments
of the market are also very strong, with a favourable
tendency.
Consols are quiet, at 93; to ; for money, and lin
to; for the Bth of April. The new Three-and-a-
Half per Cents. have been dealt in at 98; the New
Two-and-a-Half per Cents. at 761; India Stock at
2231; Exchequer Bills, March, at par to 4s. prem. ;
ditto, June, at 4s. to Is. die. ; and India Bondi at 3e.
to Is. dis.

Turkish Six per Cents. have risen to 981 to /,
and the Guaranteed Four per Cents. to 101 to 1.
Other foreign descriptions are inactive. The sales
are limited to Dutch Two-and-a-Half per Cents.,
at 651 (exch., 129.) ; ditto, Four per Cent.
Certificates at 99; Equador New Consolidated
Bonds at 141; Mexican, for 31st. inst. at 23 ; Portu-
guese Three per Cents. 1853, at 451 ; Sardinian
Five per Cents. at 901 and 91; Spanish New Deferred
Three per Cents., 251, and the Committee's Certi-
eates at Six-and-a• Half per Cent.
Between 40,000/. and 50,000!. in gold is known to
have been taken from the Bank yesterday for exporta-
tion, chiefly to pay for silver on the Continent, but
partly for Cadiz. It is also known that large con-
tracts have been entered into for the supply of silver
for shipment to the East by the Colombo on the 4th
April; and all there is very little of the metal at
present in this market, it is evident that recourse
must be had to the Continent. It is, consequently,
anticipated that withdrawals of gold from the Bank
will be continued. How far these will be neutra-
lised by an influx of coin from other quarters re-
mains to be seen.

The Bank of Amsterdam, which on the 2nd inst.
reduced its rate of discount from 5 to 41 per cent.,
on Tuesday lowered it to 4 per cent. The downward
tendency of the value of money in most of the Conti-
nental markets is viewed with considerable interest,
as calculated to stimulate the transmission of capital
to this side.

The small supply of dollars brought by the steamer
Parana was sold yesterday for China, at ss. Id. per
ounce, being a rise of id. compared with the price
realised for the remittance by the previous packet.
In the corn market yesterday there was no recovery
from Monday's decline. Only two fresh cargoes of
grain have arrived off the coast since Monday.
The extraordinary speculative movement in the
tallow market continues. The price of St. Peters-
burg Y.C. tallow, for delivery on the 31st instant,
was quoted yesterday morning 755. per cwt., and was
driven up in the afternoon to 80s. The price for
delivery in April is at the same time quoted
545. 6d., showing a difference of no less than 23/. per
ton. The position of the speculative account for
March is the cause of this anomalous state of the
market ; but many persons do not scruple to pro-
nounce the present movement a "rag
The directors of the London and Paris Joint-Stock
Bank, whose proceedings have of late excited so
much attention, have drawn up the following
remarkable form of receipt for signature by
shareholders applying for the return of 10s. per
share. The latter may require to be cautioned that
by signing it they will give express sanction to the
previous acts of the board, and will deprive them-
selves of participation in any benefit that may
accrue from the exertions of the committee of share-
holders. We should like to see the right of the
directors to openly appropriate the company's funds
brought to a test :
Received from the directors of the Landon and Paris
Joint-stock Bank the sum of L , being after the rate
of 10e. per share, on shares held by me in the com-
pany, and being in full discharge of all claims on the com-
pany, or the directors thereof, in respect of the said shame,
except a rateable proportion of the balance of 4,7671. 2s. 2d.,
shown by the audited account contained in the circular et
the 12th day of March, 18.57, sitar payment there:rut of the
said sum of 101. per share, and of all the outstanding bald-
Mies of the company.
In consequence of the deep dissatisfaction felt by
the shareholders in the Australian Agricultural
Company at the mismanagement brought to light
in the report of the Committee of Consultation, a
movement has been set on foot for displacing the
whole of the present direction. The following re-
quisition is in course of signature, and lies at the
office of Mr. Joseph Barkworth, of the Stock Ex-
change
We, the undersigned, shareholders of the Australian Agri-
cultural Company, having read the report of the Committee
of Consultation, have come to the conclusion that it is incon-
sistent with the interest, of the company that the manage-
ment of the company's affairs should remain any longer in
the hands of the present director+, and we therefore call upon
them to resign.
The half-yearly meeting of the General Screw
Steam Shipping Company has been adjourned from
Friday next until the Ist of April.
The amount of bills drawn by the East India
Company on their respective presidencies, from the
10th to the 25th inst. (yesterday), is as follows:
Rate of Exchange.
Bengal, 62,847/. Is. Bd. 1 2. Old.
Madras, 32,a2r. 10s. Od. f
Bombay, 41-50 f. N. at 2s. per ditto.

Total, 95,629 i. 1 le. 6d.
Subjoined are the latest quotations of insurance,
canal, and other miscellaneous shares, as given in
the last Stock Exchange List :
Insurance Shares:—Albion, 871; Argus, 28; Alliance
Marine, 391 ; British Commercial, 81, ; Church of Eng-
land, 31; Clerical, Medical, and General Life, 301; City
of London, 21; Eagle' 71; Englieh and Bcottiah Law Life,
41; Equity and Law, 61 ; European Lite, 18; Globe, 99;
Guardian, 53 ; General, 64; Indemnity Marine, 106 ; Im-
perial Life, 201; ditto, Fite, 375 ; London, 32 ,• Legal
and General Life, 61 ; Law Fire, 311 • Medical, Invand,
and General Lite, 31; Marine, 72, L; Monarch, 11. • Provi-
dent Life, 40 ex div. ; Phoenix, 193, 184 ; Rock Life, 81 ;
Royal Exchange, 276 ; Union, 316; Victoria Life, 61.
Canal Shares :—Grand Junction, 44 ; Emmet and Avon,
81 ,• Leeds and Liverpool, 490; ea, 16; Warwick
and Birmingham, 25; Worcester and ErmWO... am, 161.
Gas and Coke Companies Brighton, 141 ex div ;
British Provincial, 221 ; Equitable, 40 ; European, 131
Great Central, 13; Imperial, 881 ex di.. ; ditto New, 311
cx div. ; ditto debentures, 210; Phoenix, 49; United
General, 211; Westminster Chartered, 64 ; ditto Now, 104 ;
ditto, Western, A, 81.
Waterworks Stocks East London, 1061 ; Grand
Junction, 73; ditto New, 31; Kent, 80; Lambeth, 96; West
Mddkoex, 99.
The Admiralty have accepted the following ship
for the conveyance of stores, viz.: the Alice, for
Demerara; Stratford, for Mauritius; Samuel En-
derby, for St. Helena ; Barrick, for Cape Town ;
Dutchman, for Malta; and the Southern Cross, for
Auckland

WEDNZADAT EVLNINO.

The funds to-day were inanimate, speculative
business being almost suspended. The market,
however, showed considerable steadiness of charac-
ter, and yesterday's rates were fully supported. As
regards the other departments of the Stock Ex-
change, the only feature was in the railway share
market, in which purchases were rather freely re-
newed this afternoon, leading to a sensible advance
in prices. _ . .

In the discount market to-day the demand for
money WU lees active than yesterday. In the Stock
Exchange money stiU commands 6 per cent. on
Consols.

Consols opened and closed to-day the same u yes-
terday, viz., at 931 to for money, and 931 to I for
the Bth April. After the recognised hours the price
for the account was quoted a shade better, at 94,
exactly. The official business report is as follows :
Three per Cent. Consols, for money, 94„ 931 ; ditto
for account, Bth April. 93}, 93,i. India Stock, 223 i.
Three-and-a-Half per Cent. Exchequer Bonds, falling
payable in 1838, 981, 98i, 982. India Bonds,
fas. dia.
The March Exchequer Bills were quoted par to
41. prem.; the June Bills, 3s. die. to par ; saki
Exchequer Bonds, 981 to 99.
F stocks were very quiet. Turkish Sit
per Cen were last quoted 971 to 981 • the Guinan-
toseslFour per Cents.,lool to 1 ; and Mexican Bondi,
23 to beteg in each cue the same u vesterdat.
At 4 o'clock Russian The per emits. wete

quoted 107 to 9; ditto Four-and-a-Half per Cents.,
97 to 99 ; Dutch Two-and-a-Half per Cents., 6410 e
85.3; ditto. Four per Cents., 983 to 993 ; Spanish
Deferred Three per Cents., 26 to 3 ; the 014 Three
per Cents., 11 to 92 ; and Peruvian Four-and•a-tlalf
per Cents., 77 to 79.