The Express.
London, England, 1857-03-04 00:00:00

MINES.-THIS DAY

MONEY MARKET-THIS DAY

The defeat of ministers last night has taken the
City by surprise. Discussions relative to the probable
consequences of this event are, of course, general.
The funds have fallen 1 per cent., and in the rail-
way share market the reduction averages 1 to t per
cent. Consols were first marked 931 for money and
to-morrow, and have since declined to 931 to 11.
For the Bth of April the present quotation
is 94 to j. The Three per Cent. Reduced have been
dealt in at 931 to 94; the New Three per Cents. at
94 to 1; the Five per Cents. at 1131 ; Bank Stock at
220 ; India Stock at 223; Exchequer Bills (June) at
2s. dis. to 2s. prem.; ditto, advertised. at 2s. dis.;
Exchequer Bonds at 981; and India Bonds at 35.
dis. to par.
In the foreign stock market the features oonsist of
a rise in Mexican, and a considerable fall in Turkish
Six per Cents. The general tone of this department
is rather flatter. The list of sales includes Mexican
Bonds, for the 17th March, at 221 and 221; Peruvian
Four-and-a-Half per Cents. at 791 cx div. ; Russian
Five per Cent. at 107} ; Spanish Old Three per
Cents. at 40,1 for the 17th inst. Turkish Six per
Cents. at 971 ; ditto for account at 971, 971, and 97;
ditto, Guaranteed Four per Cent. at 1011.
The Bank of Amsterdam has reduced its rate al
discount to 4 per cent. The variations in the
charges of this bank during the last 18 months are
shown below, viz.: On the 31st Oct., 18.53, the rate
was fixed at 4 per cent. ; on the 22nd Sept., 1866,
at 41 per cent. ' • on the 15th Oct., 1836, at 5 per
cent. ; on the Bth Dec., 1836, at 51 per cent. ; on
the 26th Jan., 1837, at 5 per cent. ; and on the 2nd
March, 1857, at 41 per cent.
It is said that the amount to be invested, under
the sinking fund, in Peruvian stock this half year is
about 60,0001.
The exact amount of specie and bullion shipped
on board the Indus, which is to leave Southampton
for Alexandria to-day, with the India and China
mails, is 792,1601., of which 783,9291. consists all
silver and 8,2311. of gold. The proportion destined
for India proper is 412,8411., and for China 326,8461.
This indicates a revival of the efflux to China,
despite the lower quotations of exchange lately re-
ceived. The details arc given below, viz. :—For
Bombay, laver, 165,3301. ; for Ceylon, gold, 4,2801. ;
for Madras, gold, 2,6461., and silver, 11,1001. ; for
Oalandas, silver, 242,4401., and gold, 1,3051. ; for
Pfmassg,ailver,2o3sl. ; for Si ngapore, silver, 47,1381.;
ihe Hong Kong, silver, 145,466/. ; for Canton, silver,
1,6221. ; and for Shanghae, silver, 178,8581
11 The total amount of specie and Million shipped on
beard the Atrato, which has just sailed for the West
ladies and Mexico, is about 56,000/.
The amount of specie brought by the Africa, from I
New York, is stated at 228,480 dots., or about
45,7001., the bulk of which is understood to be on
French account. The exchange at New York on
London closed with rather a dull appearance, at
1 081'Cha to 4.
On nge yesterday afternoon thereto, forbills on
Paris, Hamburg, Frankfort. and most other conti-
nental places, were firm, and in several cases the ten-
dency was upwards. Paper on Naples was quoted
higher. On Vienna and Trieste some reduction was
observable.
The failure is announced of another foreign house
—vie., that of Mr. Gustave Foil, seed merchant, of
Old Broad-street. The liabilities are believed to be
comparatively limited.
The firm of Messrs. Denham and Sharer, ship and
insurance brokers, has been reconstituted, under the
title of Sharer, Lamb, and Co.
The negotiations for a fusion of the Groat Central
of France Railway Company with the Orleans
Railway Company have been re-opened.
We understand that a deputation on the part of
English capitalists has just had an interview with the
Emperor of the French relative to the proposed In-
ternational Bank. It is stated that the basis of this
important undertaking is already decided upon, and
that the institution will be entirely independent of,
and unconnected with, the various Continental Credit
societies, and the existing financial establishments in
Paris.

TVZSDAT Evinrso!

Notwithstanding the ministerial difficulty the
funds to-day attained a further rise of 1 per cent.
In the London Stock Exchange chief attention is
still directed to the railway share market, which ex-
hibits, as we have frequently pointed out, a general
tendency towards improvement. French, Belgian,
Canadian, and Indian railway securities are also
rising.
In the Stock Exchange the current rate for short
loans on government securities is still 6 per cent.,
with a good demand. In the discount market the
demand was active, at full rates, in preparation for
the 4th (to-morrow); but no pressure was ob-
servable.
A sum of 25,0001. in gold was taken from the
Bank to-day for exportation to the Continent, pro-
bably to pay for silver.
Consols opened, as they closed yesterday, at 93/
toy for money and Thursday, and left off at 93/ to
94. For the new account, terminating on the Bth
April, the last price was 94/ to 1. The "continua-
tion" ruled at 1 to 9-16 per cent., with rather a
downward tendency. The official business report is
as follows:—Three per Cent. Consols, for money,
93/, I ; ditto, for account, 6th March, 93/, 93/ ;
Three per Cent. Reduced, 94, 941, 931, 941, 931,
941; New Three Cents., 941, 1,1; Thirty
Years Annuities, expiring in Oct., 1869, 2 11-16 ;
Bank Stock, 221 ; Three-and-a-Half per Cent.
Exchequer Bonds, falling payable in 1869, 981,
The June Exchequer Bills were quoted 2s. dia. to
2s. prem., being rather flat; Exchequer Bonds, 981
to # ; and India Bonds, 4s. die. to par.
There was an improvement of about 1 per cent. in
Mexican Bonds to-day, owing to the statements
transmitted from New York relative to an alleged
large loan negotiation between Mexico and the
United States. Further accounts arc looked for with
interest. The bondholders apparently entertain an
idea that • portion of any funds of which the go-
vernment may become possessed will find its way
hither; but many of them seem even to look with

Two o'CLocK.
I.!!CL it inc s has been done to-day in toms
mining stock.A. The transactions reported in do
Stork Exchange comprise only Tin Croft at 41 ICIC
div. ; and sale of Towey at 1. Prices present so

essential change.
Mexican shares show a reaction after their
late rise, being. marked 41, and *hest 41. Other
foreign descriptions are quiet.
Subjoined is a hot of yesterday's transactions in tha
Mining Exchange
Alfred Consols, 231, 24 ; Bedford Consols, 12s. 6d., 13a.,
10s., 120. 66. ; CsWell, 11s. 66., 12e. • Cook's Kitchen, 41 ;
DrekowallA 31., 1,1, 3-16, 1, 6-16, Eut'
Alfred, 380., 2 1-16.
1, ; East Based, 65, 70; Ewe Margaret, 11; ; Vows
Consols, 61 , Herodefoot, 6: Nenteos and rearhier, 276.66,
IlDs., 35e., 37. 66., 40s. • North Foams, 18, 1 • South
Fronnes, 350, 356 340, 346, 347 f, 360 , South To 160 ;
Tamar Consols, 1 ; Trecoola, 61, , Trelyon Consols, 164,
17 ; Treweths, 3 • Trevelysn, 6 Vole Towy, 16s. 6A,
195., 21s. ; Wool Caredon, 168, 170 , West Grenville,
se. 64., 63., Co. 6d., 7e., 704. 66., ; 65., 70. Wheal 14M
2871, 290 , Edward, 6/. Is. ad. 61,, 1, •
Grenville.. 275. 6d. ; Wheal Ludcott, 375.';
Vaal karpree.,
64, 66, 671, 60, 621, 65, 671.

COMMERCIAL AND MARKETS.

MARK-LANE.—TIDS DAY.
The wheat trade was quiet at the rates of Monday last Ow
both Engbah and foreign. Flour sold slowly at preview
Vim.
Barley underwent no change.
The receipts of fin** oats have been liberal thus fte
this week ; and the trek was dull at Monday's currency.
Beans and pow soli on much the same terms as WI
Two o'Ci.ocl. I "Att.. day.

muurt.lll7:7 .......... 1 gOti
aoll N ARC 741:0 3111t2..
.ia -
NO
....: . ".
" .
800 1 10111
• • • •

MINCLNO-LANE.—THIS DAY.
Suoma.—The market has been dull and prices woe
scarcely supported in the public sales.
C4TYZE. —There Lib nut been a public sale; prices arsine-
altered.
TEA. —Tbs market has been firm and tie; there hese
been free buyers at 130. this morning, and 13jd. in one in-
StanCe tuts been paid.
Snow—The public sales are going off steadily; nutmeg,
veld at an advance of Id. to 2d.
Rice continues firm.
Rot has been in good demand. Demerara proof said
2s. 9d. to 2s. lOd.
CorroN. —lOO bales sold at previous rides.
In other articles no material alteration. Markets generally
dull to-day.

TALLOW MARKET.—THIS DAY.
The market is quiet at the subjoined quotationc —Tines
tall.mr, 595. nett cosh; Petenbarg Y. C. for March, Min;
March to April, 58.. ; May to Jane, On 64.

BOROUGH HOP MARKET.—THIS DAY.
Mantra Pattenden and Smith report that the market
lion fort all the finest samples; in other sorts there is set

COAL MARKET.—THIS DAY.
Hotetra 15s. 6d.; Gray's Hartley, 14.. 3d.; Wallow's
Pritnriter, 138.; Bites Tanneld Moor, 13e.; Beside West
Hartley,Plummer's Walls End,
Walls End South Hatton, 175. 3d.; Walls End Haswell.
17d. 6d ; Weld End Helton, 17s. Gd.; Was End Ter,
17'. 6d.-105 shit* at market.