The Express.
London, England, 1861-08-15 00:00:00

DOCK&

ICL prkes. I Mks.

1100,410 4t. iCommercial ,lOO
164. SR Do. 4p. et. Prof. Yin 000
tee. ' St. East and West India 100 117 119
60311.31 St. 'London llOO 63 66 •
1,000.e00 St. 14t. Katharine 100 00 03 iSoutlnun
300,61151 St. pton 'loo
300.000, St. , Victoria !No 93 96
I.WOI 50 :Do. New i S I I die

No. I Ok.

/0111Glf MINI

MONEY MARKET.-(THIS DA Y 4

REDUCTION IN THE RATE OF DIRCOIIRIE
•AT THE BANK OF ENGLAND.
Two o'Crocz.
The directors of the Bank of England have thin
day reduced their minimum rate of discount from
b to 4} per cent.

The step is regarded with satisfaction, but has
had little effect in the Stock Exchange. Firmness.
however, prevails. The funds have risen I per
cent.

The India Loan Scrip is firm at 1001, and
the stock at 100: to I.
The usual telegrams from the Paris Bourse haw
not yet come to hand.

Console are officially marked 904, g, and I
for money, and 90: and i for the account.
The present quotations are 904 to 3 fee
money, and 904 to 4., for the 10th Sept.
The official business report is as follows :
Three per Cents. Reduced, 904, 4 ; New Three
per Cents, 904, 4, ; India Stock, 230 ;
ditto Five per Cent. Stock, 1003, ; ditto
Four per Cent. Debentures, 1863, 964 ; ditto Bond;
4s, 35., dim. ; Five per Cent. "aniseed" rupee
paper, 944 ; ditto Five-and-a. Half per Coot., 1014 ;
Exchequer Bills, March, 11s., 10s. db. ; ditto June,
15e., Is, 4e. die.

In the foreign stock market the principal trans-
actions have been in Turkish Bonds, which, after
slightly improving, are now quoted about the
same as yesterday afternoon, viz.., 78} to
for the Loan of 1854, and 891 to
for that of 1858. Other foreign stocks
are quiet. Sales are recorded as follows :--
Brazilian Old Five per Cents., 99 ; ditto Four-
and-a-Half per Cents., 1852, 88 ; Equador New
Consolidated, 134, 13, ; Russian Four-and-
a-Half per Cents., 90 ; Sardinian Five per
Centz., for account, 24; Turkish Six per
Ceuta., 1854, 784; ditto for account, 78i, 4, 1 ;
ditto Six per Cents, 1858, 691 ; ditto for account,
1, ; ditto 1001. Bonds, 714, I.
The discount market continued easy yesterday.
The rates for good bills were 4} to 4} per cent.
Business at the Bank of England accordingly con-
tinues slack.

More movement may probably be experienced it
the money market on Friday in connexion with the
payment of 1,000,0001. on Victoria Debentures.
The instalment of 20 per cent. on the India Loss
of 5,000,0001. payable on Tuesday, has to a cos-
, aiderable extent been met in advance.

About 12,0001. in gold was bought by the Bank
yesterday. The North America, from Quebec, his
brought 30,8001. in specie.
Private telegrams report a decline of 10. in tie
Exchanges at Shanghai and Hong Kong. Thin
will further check the flow of silver from England.
The following memorandum relates %o the debt
of Ecuador :

&triode's Commission of Agency, 11, Austi of rian,
London, August 14, 1861.
Messrs. Gutierrez and Co. have forwarded to the sai-
'ivies in London 2,000 quintals of cocoa, with instructisis
to baud the proceeds (about 3,600/.) when sold, to the hied
agent of the republic towards the payment of the interestea
the consolidated debt.
The dividend to be proposed at the approaching
meeting of Ottoman Bank shareholders will be at
the rate of 8 per cent. per annum, with an addition
of 3,0001. to the reserved fund.
There is a confident report that, owing to the
large expenditure of the London and North Western
Railway Company, the forthcoming dividend wilt
be at the rate of only 31 per cent. per annum, with
but a small surplus. For the oorresponding six
mouths of last year it was 6 pee cent. per annum.
The London and North Western Railway traffw
return shows this week a decrease of 4781., the
Great Northern an increase of 1,8921., the London
and South Western an increase of 3341., and the
Lancashire and Yorkshire a decrease of 1,0001.
At the meeting yesterday of the Atlantic Erg
Mail Steam Navigation Company the directors re-
port was adopted. It was resolved to issue shares or
stock for increasing the nominal capital from
500,0001. to 1,100,0001.
The half-yearly meeting of the Kent Coast (late
Margate) Railway Company is called for the Met
inst., and will be made special, to authorise the
company to raise 60,0001. by the creation of new
shares, and to borrow 20,0001.
With the exception of Midland, the " continua-
tion" on which rose to It per cent., the supply et
English railway stock at the settlement yesterday was
generally small. London and North Western and
Great Western stocks carried a " backwardation",of
1-16, and Great Northern of 3-16. Lancashire and
Yorkshire stook was also scarce, and was borrowed
on " even " terms. The " contango "on South
Eastern was to 3-16, and on Caledonian to
A dividend of 255. per share is announced on the
shares of the Friesland Gas Company.
The half-yearly interest is advertised on Panama
Railroad Seven per Cent. Bonds of 1872.
With reference to the market for American se-
curities, Mr. E. F. Satterthwaite reports as follows:
The market for American securities in London has bee&
steady during the past week. Erie sad Illinois Shares base
off a little firmer at the close, owing to the improved oar.
tatiocs received to-day from New York.

WFDNIMDAY_EvErnrci.

Consols, which closed yesterday at 901 to 1 far
the 10th September, opened this morning at 9O
to 1, and closed at 90g to f. For money the lest
price was 901 to 1. The official business repast
is as follows :—Three per Cent. Console, far
mone, 901, ; ditto, for account (Set.
-a 10),
901, *; Three per Cents. Reduced, 901, ; New
Three per Cents., 904, 1, ; New Two-an -Half
per Cents., 75f ;In Stock, 220, 218 ; ditto Rye
per Cent. Stock, 1001, f ; ditto, for account, loot,
; Five-and-a-Half per Cent. "enfaced" rupee
paper, 101 k.
India Five per Cents. continue in demand for
investment. The stock touched 1001, and closed
at 1(.041 to tl. The scrip reached 100/, and left of
at 1001.
Notwithstanding the ease in the money market,
the March Exchequer Bills were flat, at 16s. to
die., and the Juno at ss. to 2s. die.
. _

The transactions in the foreign stock market
were to a fair extent. The Turkish Loan of 1858
experienced several variations, being marked from
69g down to 884. The closing quotation was wet
materially different from that of yesterday, being
692 to 2. The Loan of 1854 declined per cmt.,
leaving off at 782 to 4. Mexican Bonds were
quoted 224 to for the new account. Peruvian
were rather quiet, but the late rise is fairly
supported. Buenos Ayres show no recovery.
No variation of importance occurred in the
market for Bank shares. London and County
Bank and National Discount were rather mare
offered. St. Katharine Dock stock fell 2 per cent.,
whilst London and East and West India Dock ad-
vanced 1 per cent.
The closing quotations fur shares in new under-
takings to-daiy were as follows :—Ocean Marine
4 Insurance. to 1 prem. ; Thames and Mersey
Marine, 13-1 h to 15-16 prem. ; Univers:l Marine la-
eurauce, 13-16 to 11-16 dim. ; London and Provincial
Marine, dim. to par ; Oriental and General Ma-
rine, 2 to 4 prem. ; Mercantile Fire, 11.16 tw
13-16 prem.
The prospectus of the Commercial Uninn Fire
Insurance Company was received with favour, awl
the price was quoted in the morning; to 1 pre-
mium, but some speculative sales being p:rs.ede
there was afterwards a decline to 2to premium.

LONG LITZ IN ENGLAND.—It Speakri well f.w
healthiness of Eogland that in the year 1t•5:1, for which dm
returns have jut been pubhahed, the list of deaths ieclmied
23 men and 36 women who bad attained what Ln. Farr
calls the 'Kenna lifetime of a hundred) ears." The eland
man in the obituary of the year died at Sunderland. aged
107 ; but a woman in Wokingham district, Barks, was la.
and two women, one in Moomoutluihins sod Gee in F
Wales, had reached the patriarchal age of lid Of teem
centenarians eight were found in London ; the county the
could boast the largest number is Somersetehire, m w►i*,
there ware seven.