The Express.
London, England, 1861-03-02 00:00:00

MONEY MARKE2.-(THIS DAY.)

Two o'CLova.

The funds to-day are firmer, owing partly to
the favourable Bank return, but chiefly to the
announcement of a recovery in the New York
exchange to 106 to 104. Consols haves
risen it per cent. The market retains a quiet ap-
pearance. The principal movement has been in
English railway stocks, which have experienced a
general advance, varying from g per cent,
At Paris this morning, according to Mr. Reuter's
telegr►m, the Three per Cent. Rentee opened
at 68fr. 15c., showing no change since yesterday.
The scrip of the new Indian Loan is firm, at
1001 to

Consols are officially marked 911, 1, and .1
for7money, and 911, 1, and 1 for the account.
The present quotations are 91/ to I, for
money, and 911 to for the 7th of
March. The official business report is as
follows :—Bank Stock, 231 ; Three per Cents.
Reduced, 91a, ; New Three per Cents.
911, 1,1, ; New Two-and-a-Half per Cents.,
781; India Five per Cent. Stock, 1001, 100 ;
ditto scrip, 1001; ditto Four per Cent. Debentures,
1858, 961; ditto Bonds, 25e. dis.; Exchequer Bills,
Bs. dis.

Very little business bas been done in the foreign
stock market. Mexican bolds, after improving,
have relapsed. Turkish bonds are rather
firmer. Sales are recorded as follows :
Mexican Three per Cents., 24 ; ditto, for ac-
count, 24, 231 ; New Grenada Active, 15} ;
Sardinian Five per Cents., ; Spanish Three
per Cents., 49 ; ditto Passive, 17i ; the Com-
mittee's Certificates, 6i. _ _ _

The Arabia, which left Liverpool to-day for New
York, took 259,1891. in specie. _
___

Hits-PABT Two ()Tract
Consols are still quoted 911 to; for money, and
91/ to / for the account.

We understand that the whole of the 138,0001. of
Anglo-Pertivian Four-and-a-Half per Cent Stock
required by the Peruvian aaggeents this month for the
sinking fund has been purchased at 98 ex div.
About 8,0001. iu gold was sent into the Bank yes-
terday. Limited amounts continue to arrive from
the continent. There is a slight demand here, how-
ever, for Spain. The Atrato will take to-day
6,6881. in gold and 1,0001. in silver for the West
Indies.

The Ceylon, which will leave on the 4th inst.,
will take 160,156/. in silver, and 7,2611. in gold,
making together 167,4171. Subjoined are the par-
ticulars -.For Ceylon, 3,7001. ; Madras, 12,271/. ;
Calcutta, 106,590 L ; Singapore, 4851. ; Hong Kong,
30,1231. ; Foo-choo-foo, 8451. ; and for Shanghae,
13,4031.
On 'Change yesterday afternoon bills on some
continental places were rather more inquired for,
but the late rise in the rates was generally sup-
ported. Subjoined is our usual list :
A 101114161114 3 months, 12} to 1 ; ditto 3 days, 11.18
to 19; Rotterdam, 3 mootbe, 124 to 1; Antiwar moths,
2666 to 70 ; Hamburg, ma home*, 3 maths, 13.9 let ; Pads,
3 days' sight, 26.374 to 42a ; ditto 3 moathsto. 75 to 80 ;
nacWoet-ou-the-Maine, 3 meMbe, 1194 to ; feteasburg
(per rouble), 3 months, 34 so I.; Visum, off. , 3 siontha,
16.30 to 35 ; Tries* ed. meetbs, 15.90 to 35 ;
Xadrid, 3 months, 48* to ; Clad* 3 mouths, 48i to ;
tra3 mouths, 35.955.26.00 ; Gemea,3 mouths, 15.85
llilaa, S moetba, 25.85 to 96; Naples, 3 months,
391 to I ;Psltemo, 3 maths, 1174 to ; Messes, 3 mouths,
5211171 tea; lithos, 90 drys, 924 to 1; OPorto. 90 a*"
to
e Stock Exchange Committee have unani-
mously passed the subjoined important reso-
lution relative to the Spanish Foreign Three per
Cent. Stock. It appears that the new sheets do
not contain the proper number of coupons :

That • representation be made to the Spanish =bask
odor that the new ooupon sheets now being issued to the
hoiden of the Exterior Three per Cent. Stock are not in
accordance with the tenor of the hoods, sad that a special
oommittee be called on Monday next to amider the subject.
A oommuniostiou received from the secretary
of the Great Western Railway of Canada
informs us that " from the accounts of the
half-year ending 31st January, 1861, just received
from Canada, the net earnings of the Great Wes-
tern Railway of Canada during that period (and
irrespective of the previous balance) will justify
the. board in proposing a dividend at the rate of 3
per cent. per annum for the past half-year."
The sum of 216,9911. has been paid to the
credit of the Secretary of State for India in Coun-
cil on account of the capital of the Punjaub Rail-
investigations made by the directors, it
appears that the frauds upon the Kest and West
India. Dock Company do not amount to more than
5,0001. or 6,000/. They have been committed by
one of the officials of the company, and extend
over a period of nine or ten years. Repairs, which
are always being carried out in some form in
the company's docks, have been overcharged, by
means of a falsification of the accounts. The
directors, although believing in the correctness of
their examination, have called in the aid of a pro-
fessional accountant. _ _

The Metropolitan Consumers' Coal Company
(Limited) is announced, with a proposed capital of
50,0601., in shares of It. each. Its objects are de-
scribed to be of a " mutual" character. Share-
holders and the public are to be supplied with
" good coals at a moderate price." As one reason
for the establishment of the company, reference is
made to the recent relinquishment, by order of the
Court of Chancery, of the large trade in coals
hitherto carried on by the Great Northern Railway
Comp TheCaledonian Railway traffic return shows this
week an increase of 1,0411.
The traffic receipts of the Grand Trunk Railway
of Canada, for the week ending Feb. 2, were
9,9331. sterling, being 1,0631. lama than in the
corresponding week of last year. The traffic was
interrupted by heavy snow drifts.
The Trust and Agency Company of Australasia
have appointed their manager for Victoria, who
proceeds to Melbourne next month. Parties having
commercial or other relations with the Australian
colonies are invited to communicate with him prior
to his departure.
The Xulla, Caroline Chisholm, and Koh-i-noor
have arrived from China with 1,121,100 lbs. of tea.
The return of the Bank of England for the week
ending Wednesday, Feb. 27, compared with that
for the previous week, shows the following changes :
Circulation issue
Circulation active
Public deposits
Other deposits 12,100,781 Increase 656,502
Government securities in
banking department
Othersecuritice in banking
department
Coin and bullion in both
departments 12,208,721 Increase 315,465
Seven
3,4:46,9
The Rest day and
.other bills !4416,47915 Decrease 68,721 Decrease 3,928
Notes Is reserve
Total reserve (notes& coin)
in banking department 7,165,611 Increase 315,435
These changes are of a favourable character. The
increase in the reserve is of almost precisely the
same amount as the increase in the coin and bul-
lion. The reserve is added to by the influx of
private deposits. How the increase of 326,000/.
has arisen in the government securities does not
appear. There has been no expansion of the active
circulation ; consequently the money market re-
mains tight. The Bank have sold no more silver,
the price demanded by them, as already stated,
being considered too high.
The Gazette specie statement for the week ending
Wednesday last gives the following totals, viz.:
Imports of gold, 423,5411. ; exports of gold,
116,116/. • imports of silver, 20,8561. ; exports of
silver, 2,961.

BANK OF VIOLA/W.—An
and Bth Vic., c. Mt, for the
gr, 1881.

Ault pursuant to the Ad Tth
ending on Wednesday, Feb.

13NY I,ISCARFAAN
Motu timed 425,844,115 ' Government debt.. £11,015,100
I4nher'cruelties.... 10160.000
Gold coin aid bul-
10,
lion
Silver bullion .. •

ii 8,814,743

an,844.741

DANIDO nl
=elms' capital i1d,55.3,000
BMWS
Public Deposits (In
eluding Exebey
Bar. Banks, Com-
mis. of National
Debt, and Dir.

Acct.. .)—•,•
5.820,1170
Other Depeelta
Oeveh day sad other
680,479

,508,846 ;
Feb. tB, DA L3B L I(

PANIIUNT.

Deed Weight
mite 01,770,M
Other liesuritles 20.619,101
Notes &Men
Gold sad Neer
Cola WW.9711

"IiALL. Meta&Vl

FRIDAY EVIII/DIL
Console, which closed yesterday at 911 to / for thp
7th of March, opened this morning about 911,
and, after standing at 911 to 1, closed at 91i to
For money the last price was 91/ to 1. The official
business report is as follows :—Three per Cent.
Console, for money, 911, f ; ditto, for account
wo-ravel 7), 91 '
1 ; Three per Cents. Reduced, 911,
, 1 • New Three per Cents., 91/, 1, ; New
and-a-Half per Cents., 75 ganl Atock, 232,
231, 2320yudia Stook, 223 ; ditto Five per Cent.
Stock, 1 ; ditto for account, 991 ; ditto Bonds,
18s. die. ;Five per Cent. " enfaoea" rupee paper.
94}, 1, ; ditto Five-and-a-Half per Cent., 1001, f.
Exchequer bills remain dull, at 7s. to 3a. dia.
The scrip of the New Indian Loan was steady at
1001 to 1. The Five per Cent rupee paper was
quoted 94 to 96 ; and the Five-and-a-Haif per
Cent., 100 to 101.
Monday next is the last day for sending in the
March Exchequer Bills for renewal.
An instalment of 20 per cent. falls due on the
new Indian Loan on the 12th inst.
The foreign stock market remains quiet. Anglo.
Peruvian Four-and-a-Half per . Cents. were flatter
in the afternoon. The principal movement,
however, was a relapse of per cent. in Mexican
Bonds, which cloned at 23f to I. The Sofenish
Coupon Certificates were last quoted 61 to ; the
Turkish Loan of 1864169} to 70 ,• and that 1868,
51/ to 52, ex the dividend due this day.
The dividend on Edinburgh and Glasgow Rail-
way stock was officially announced to-day at the
rate of 41 per cent. per annum against 4 at this
period last year.
No alteration occurred to-day in the market for
Bank shares. Red Sea Telegraph were steady at
the improvement which took place yesterday after-
noon. Peninsular and Oriental Steam were quoted
rather lower.

There was a better demand for New Brunswick,
Nova Sootia, and Victoria government bonds.
The closing quotations for shares in new under-
takings to-day were as follow :,--Ooran Marine In-
surance, 21 to prem. ex int.; Thames and Mersey
Marine, to 1 prem., being flatter ; Univerpal
Marine Insurance, if to 1* rm. ; London and
Provincial Marine, par to prem. ; Beat India
Irrigation, ft to ; India Cotton, par to I.
prem.; East India and London Shipping, par to
prem. ; and Trust and Agency of Australasia, * to
t p_rem.
The Liverpool cotton market today was very
dull.