The Express.
London, England, 1857-07-20 00:00:00

MONEY MARKET-THIS DAY.

Two o'Cuvi.

The funds to-day exhibit a further improvement
of to I, percent., and the market is strong although
business is quiet.

Consols for 6th August were first marked 92, and
are now quoted exactly 921. For money the present
quotation is 92. The Three per Cents. Reduced have
been dealt in at 911 to 921; the New Threeper Cents.
at 92 to 1; Exchequer Bills at 4s. dis. to par ; Ex-
chequer Bonds, at 98; to 1; and India Bonds, at 15s.
to 10s. dia.

Turkish Six per Cents. are firm, and the Guaran-
teed Four per Cents. meet with an increased demand.
Other foreign stocks are very quiet. The
complete list of the morning's sales is
subjoined, viz., Dutch Four per Cent.
Certificates, 981 to 98; Granada Deferred Bonds, 6;
Mexican, for account, 221 ; Russian Five
per Cents., for account, 1091 ; the Spanish
Coupon Certifs., 61 per cent.; Turkish Six per
Cents., 931; ditto, for account, 961 to I ; ditto Gua-
ranteed Four per Cents., 102 a to 21; ditto, for so-

count, 102 Z.
From the remarks of the Chancellor of the
Exchequer in the House of Commons on Friday
night, and from other explanatory statements, it
would appear that the increase in the revenue has
been so largely in excess of all the official estimates
that there will be a positive surplus of 650,0001. in the
Treasury even after paying the unexpectedly heavy
sum forming the British government's share of
the expenses of the Persian war, together
with 400,0001. for the expedition to China,
100,0001. for the supplementary naval estimate,
1,135,0001. for the redemption of the Sound Dues,
and 40,0001. for the Princess Royal's dowry. If
this be the case, all idea of a government loan must be
abandoned, at least for a considerable time to come.
Mr. Mangles estimates the sum of which the Indian
government has been plundered by the mutineers
in Delhi and elsewhere is computed at less than
200,0001.

The arrivals of specie reported on Saturday com-
prise 176,3001. by the Persia, and 10,0001. by the
Ericsson, both from New York. These supplies
will reach London to-day.
The other imports of the precious metals announced
last week embrace 211,0001. in gold by the James
Baines, from Melbourne; 91,2001. by the Europa,
from New York; 2,1001. by the Tagus, from the
Peninsula; 5.50 Australian sovereigns by the Walter
Hood, from Sydney ; 184,500/. by the Orinoco, from
the West Indies and Pacific ; and 2 boxes and 12
kegs of specie by the Khersone, from Halifax.
The total value of the week's arrivals (inclusive of
those announced on Saturday) is not than 706,0001.
Amongst the direct imports of silver into London
from the Continent we notice an estimated total of
about 165,000/., by the steamers Albion, Seine,
Rhine, and Baron Osy, from Boulogne, Rotterdam,
and Antwerp.
The Custom-house weekly statement of the exports
of the precious metals direct from London comprises
a total of only a few hundred pounds, including
460 oz. of gold coin, to Hamburg and Belgium, and
400 or. of silver coin, to Belgium.
The exact amount of specie and bullion shipped
on board the Indus, which will leave South-
ampton forAlexandzia to-day, is officially reported at
540,6111., of which 539,3111. is silver and 1,5001.
gold. The sum destined for China Proper is 170,0731.
The particulars are subjoined, viz.: for Bombay,
silver, 153,885/. ; for Madras, silver, 14,250/. ; for
Calcutta, silver, 158,6001.; for Penang, silver, 2,5581.;
for Singapore, silver, 40,0451., and gold, 1,5001. ; for
Hong Kong, silver, 90,8581.; and for Shanghae,
silver, 79,2151.
The other shipments officially reported last week
have comprised 48,7501. by the Sultan, for the
Peninsula, and 19,4281., nearly all in gold, by La
Plata, for the West Indies.
The total ascertained exports of the week are thus
raised to about 611,0001.,but more than seven-eighths
of this sum consisted of silver collected during the
last fortnight. It thus happens that, notwithstand-
ing some limited shipments of gold to the Continent,
between 370,0001. and 400,0001. in gold is known to
have been sent into the Bank last week.
It will be seen by the following statement, that
the remittances by the Indus are the smallest
despatched by any steamer to the East within the
last three month, viz. :

Msy 4, per Pars 41661,161
May 20, per Colombo
June 4, per Indus
June 20, per Pero
July 4. per Colombo
July 20, per Indus 640,811
It is estimated, however, that the shipments of
silver by the packet of the 4th August will be un-
usually heavy. Some parties are of opinion that
they will reach 900,0004, or even a million, but
much will depend upon the advices by the next
overland mail. We believe that engagements have
already been entered into to the extent of about half
a million, of which by far the larger proportion has
yet to be imported.
The advices by the Persia report the exchange at
New York on London as rather heavy, but the latest
quotation was not lower than 1091 to f.
The Continental advices report steadiness in the
exchanges on London. At Paris on Friday the
rate on London was quoted 25.221 for short, and
24.821 for 3 months ; at Amsterdam, 11.821 for short ;
at Hamburg, 13.4 for short, and 13.11 for 3 months;
and at Vienna, 10.10.
The Forest Queen has arrived from Shanghae,
with 1,063,100 lbs. of tea and 153 bales of silk on
freight. The Gloriosa, from the same port, has also
arrived. This vessel goes on to Hamburg.
Great Northern Railway A stock experienced a
considerable rise on Saturday, closing at 941 to 951.
It was in this stock that a great portion of Redpath's
frauds were effected.
It has been officially announced that the net reve-
nue of the Oxford, Worcester, and Wolverhampton
Railway Company will allow the payment of the
full dividend on the first Guaranteed Stock, and
half per cent. per annum on the second Guaranteed
Stock, after paying the interest upon the Debenture
Stock and Debenture Bonds.
The half-yearly meeting of proprietors of the
London and County Joint Stock Bank is called for
the 6th of August.
The first ordinary General meeting of the London
Discount Company is called for the 4th of August,
to receive the directors' report, and to elect directors
and an auditor.
The half-yearly meeting of the Portsmouth Rail-
way Company is called for the 6th of August.
Subjoined is a complete statement (from Mr.
Slaughter's Weekly Lie') of the railway culls falling
due in July. The amount, as already stated, is ex-
tmordinarily large, vie., 3,370,2514 Even after
making allowance for the fact that 1,446,5001. of
this amount is required by the Paris and Mediter-
ranean, Lombardo-Venetian, and Ardennes Railway
Companies, whose securities are principally held
abroad, the total falling due in this market is still
unusually large. A large proportion, however, has
already been 'liquidated :

Amoult per stun.

Duo 12304.1 W. Due Alnaly cm, Nallyer
Dem WI • of ahem. L
Ardcnnoe 10 to 11 16 00 0 42 ON 81.060
Nast lemeeshlre. New /9 .... 71 0 2 0 0 22.= 44.444
1151.40=151W(134.666_4144 . 4 7 1 0 0 27.0.0 27 fod)
saiLeith.ftftd ..... II 01 16 0 3:40 3.7 0
Gast Lou-tAtute‘t 0) 18 90 0 100.000 4) 300
aad %teeter.
*LOW Hama 0 1.
--iiiiiiiii.44.7— 11
1 'l6' 1?
(0) 0 percent
:33
061 orkssi.
syr IL. .... 31 3 2_ 0 0 47
183,M00 173340
t
1,.../..trii.,2_
ti.ca 114 3.0 116 0 50,230 4.37,03
irliti letiii .iO. •••• • 1 T 4 110 0 3403 4.001 1
24 210 0 141.531 610.110
tiaileiti.leole6,
jure•relt . . . 160 pee at. IS card. 6013444 re.
. 116465644, i;36l6tii.
aliti 14:V4;454i- 1 illO 0 137.000 33300
1 1
464145 ft. 1601 1 ...... 1 IX 16 0 00.030 111,641
Nerlium of Fromm 111.... 16 Owl{ li 0 0 unknown
14.1646151.164666644m1t5. 16 dela 4 0 113.601 904.0e0
5664113me1iek 7 per 66 !Rt. 16 5 • 0 13,134 113.301
Ittoeivoe se4 Dasilaites. Or
toter ISM . .......... .. 1 • • 11.11 49,04092.000
Dab. i.ndwrouce
116164.11 1101181166
. l3 1 5 U. 13,14.0
v.i. a zu.a. 14 1.,, iiii
Worcester and thread...
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