The Express.
London, England, 1861-12-09 00:00:00

MONEY MARKET.-(THIS DAY.)

Two e'CLoot

The stock markets to-day are extremely buoyant,
the American news being considered much more
favourable than had been expected. There
have been a great number of re-purchases
by speculators for the fall. The funds have risen
I per cent. ; Midland, Lancashire and Yorkshire,
and London and North Western Railway stocks 1}
to 2 per cent. ; other English railways to 1 ; and
Turkish Bonds 2 per cent. All the other markets
are better.

At Paris this morning, according to Mr. Reu-
ter's telegram, the Three per Cent. Renter' opened
at 67fr. 55c., ex div., and advanced to tar. 60c.,
being only per cent. better than on Saturday.
Consols are officially marked 901,1, it, a, },l, and
ex div. for money, and 904, 3, and 4,
ox dir. fur the account. The present quota-
tions are 9011 to a fur money, and
902 to 2 for the 9th Januaty. The official busi-
ness report is as follows :—Bank Stock, 232 ;
Three per Cents. Reduced, 89%, 90 ;
New Three per Cents, 90, 891, 1, 90 ;
India Stock, 225, 730 ; ditto Five per Cent. Stock,
1011, 4,4, ex div. ; ditto, for account, 101 f, 1,
ex div.; ditto, Four per Cent. Debentures,
1963, 981 ; ditto Bonds, 15s. prom. ; Five per
Cent. " enlaced " rupee paper, 96 ; ditto
Five-and-a-Half per Cent., 102, 1011 ; Exchequer
Bills, :gore'', 134., 9s. preen._

The buoyancy extends to foreign stocks. Mexi-
can and Turkish show the chief rise. Turkish
have risen I.} to 2 per cent., the loan of 1854
being qnot3d 77 to 78, and that of 1838, 88 to
1. Mexican Bonds are last marked 271.
Salem are recorded as follows :—Brazilian Four-
and-a-Half per Cents., 1860, 87} ex div. ; Guate-
mala Five per Cents., 75 ; Italian Five per
Cents., 67, i; (exchange 25fr.) ; Mexican
Three per Cents., for account, 271, 27, ; Sardinian
Five per Cents., 77e, ex div. ; ditto, for account,
78, 771, ex dir. ; Spanish Three per Cents., for
amount, 511 ; ditto New Deferred Three per Cents.,
for account, 421, 411 ; the Committee's Certificates,
; Turkish Six per Cents., 1854, for account, 77i,
78, 77, 78 ; ditto Six per Cents., 1858, for account,
04 671, 681, ; Venezuela Three per Cents., for
account, 211.

Orders to sell a very large amount of American
securities belonging to English holders have been
sent oat by the lam two packets fur New York.
They have been especially numerous iu the case of
inscribed stocks, which, under extreme circum-
stances, might possibly be confiscated by the Ame-
rioatt government, unless previously trausferrtal
into American names. The remittance of the pro-
cseds will stimulate the movement of the exchange
in favour of England, nukes, indeed, the pressure
of sellers combined with the news sent from this
side, occasion* such a panic in the New York
market na to arrest bnainees.

About 52,0001. in refined gold was taken to the
Bank uu Saturday.
The mail steamer for Brasil to-day will take
about 13,000/. in gold slid 9,5001. in silver.
The prospectus of the Metropolitan and Thames
Valley Rodway has been issued. The object of
this ouinpany is 'toted to be to afford, by
means of its own line and of the South
Western or Great Western and Metropolitaniss well
ail by moans of other railways north of the Thatnee,
a readier cominimicatiou between the City and the
south-western suburbs than that now available.
The route is to be by way of Brantford, Isleworth,
Richmond, Twickenham Hampton, Sunbury, and
Chertacy. It is pointed out that the proposed
railway will in one continuous line convey paa-
sougens from the central portions of the City, as
well as from King's-cross, Paddington, and Water-
loo Stations, to the places and districts above men-
tioned. Special stress is laid upon the advantage
which will accrue from the junction of the line
with the South Western, Great Western, and
Metropolitan Railways. The capital is 250,0001.,
in 25000 share* of la each. There is a respect-
able board of directors.
The receipts of the Grand Trunk Railway of
Canada fur the week ending the 16th Nov. were
14,589/. sterling, being 2,4121. more than iu the
corresponding week of last year.
The London directors of the Grand Trunk Rail-
way of Canada have issued a brief mport, together
with the cowpany's licoouuta fur the half-yuar end-
ing the 29th June last. To these docu-
ments are attached the report of Mr. Ed-
win,' Watkin, who has recently been out to
Canada. Mr. Watkiu insists upon the absolute
necessity of placing the oumpany's credit on a sound
footing by getting rid of the dusting debt. lie
also urges that friendly and permanent arrange-
ments should be concluded between the Grand
Trunk, Buffalo and Lake Huron, and Great West-
ern Companion', which he is of opinion will secure
to each a considerable accession of traffic at more
remunerative rates, and, at the same timer econo-
mise expenditure. The Loudnu directors intimate
generally that, concurring in the expediency of Mr.
Watkiu's recommendations, they have lust no time
iu taking the steps which appear necessary for their
fulfilment _ _ _ _ _ _

At a privato meeting of shareholders of the Great
Waiter's Railway Company of Canada, held at the
London Tureen, Bishopegate-street, on Tuesday
last, Mr. Alderman DAM in the chair, the follow-
ing resolut were unanimously passed :
That it is essential to the prosperity of the company,
that the board should be composed of g mtlemeu who
possess the confidence of the shareholders in this country,
sad that it is est...slant, therefore, that the members of die
present board, who are affected by the charges made in the
statement just read, should got be re-elected. That, haring
regard to the fact, as stated by the chairman at the last
meeting, that the affairs of the company are, to a serioas
aistent, ander the control of the bowl in Canada, although
only liio,ooo/. out of 4,G30.0013/. of the share and debenture
capital of the aompaey is held in that country, it is the
opinion of this meeting that • rceonstructiou of the Canada
bawd is absolutely aeoreetry, so that the power shall rest
practically with the London board. That ham; regoni to
the facts stated iu the previous resolution, it a desirahle
that step: should be taken to remove the leap' status of the
amens), to this country. That the following geotiones is
appointed fur the purpose of carrying out the foregoing of
ardntioae:—Mr.Aldertasa Dakin. WiWam Hartridge, Eat.,
G. Smith, E.q., Colonel G. Y. Evelyn, D. Aitchison, Esq.,
aad Juba damsels, Doi.
The ltockall Fishing, Fish Oil, and Fish Manure
Company (Limited) is in course of formation, with
a capital of 50,0001., in shares of 21. each. The
company proposes to work a newly-discovered and
extensive fishing ground west of the Hebrides,
which is stated to abound in trod and other fish.
The premuious results lately shown by some of the
old fishing grounds, which are apparently being de-
serted by the fish, are referred to as giving addi-
tional value to the new bank, the discoverer of
which acts as superintendent of the present under-
taking. The refuse of the produce is to be con-
verted into fish manure after the extraction of the
oils.
- - - • - • • •

The Coniwissiouer in Bankruptcy order contri- I
butorit% of the Cardiff and Caerphilly Iron Com-
pally to pay by the 17th December a further call of
2/. per share, in addition to the call of 3!. ortlenal I
on the 7th May last.
Viou-Chancellor Kindetaley proposes, on the
19th bust" to wake a call of 10! per per share on the
contributories of the Groat Western Coal Com-1

TL annexed in from Messrs. Culverwell, Brooks, ,
and Co.'s monthly bide circular :
The Hid. Market.— We have not much alteration to
notice in this market ; prices generally were steady, parti-
cularly upon salted hides of heavy averages. Light South
Amerman show an advance, while light Australian show a
decline of ad. per lb. The chief feature that is likely to
alter the market is the impending chances of a war with
the Federal States of America, and should this unhappily
take place, prices, based upon the experience of former wain,
will have a tendency to advance upon both hides and leather.
Hides.--Salted Ox and Vols.—South. American : The
market is morn* steadily. Sales to a fair extent have taken
place at firm prices for beery, ethrthar adman* of