The Express.
London, England, 1861-08-13 00:00:00

MONEY MARKET.-(THIS DAY.)

twe o'CLoca.

The funds remain steady, at yesterday's improve.
ment. There is little business, but the fine wea-
ther exercises a strengthening effect. The other
markets are dull, in the absence of business, with
little change in prices. Preparations for the fort-
nightly settlement in shares and foreign stock% have
now commenced.

The India Five per Cent. stock remains firm, at
1001 to *, and the Scrip at 100 n to j.
The usual telegrams from the Paris Bourse have
not yet come to hand.

Consols are officially marked 901, },l, and 1 for
money, and 902 and 1 for the account. The present
quotations are 901 to 1 for money, and 90f; to 1 for
the 10th Sept. The official business report
is as follows :—Bank Stock, 2351; Three per
Cents. Reduced, 901, ; New Three per Cents.,
901, 1 ; Thirty Years' Annuities, April, 1885,
15 13-16, 1 ; India Five per Cent. Stock, 1001, 1, 1 ;
ditto for aooouut, 1001 ; ditto Four per Cent.
Debentures, 1859, 961 ; ditto scrip 1001 ;
Five-and-a-Half per Cent. " enlaced" rupee
paper, 101/, ; Exchequer Bills, March, 125.,
dis. ; ditto June, 5a., 25., dis.
Turkish Bonds remain rather fiat, and a decline
of Ito per cent. has taken place. The Loan of
1864 is now quoted 781 to 1, and that of 1858,
69 to 1. Peruvian Four-and-a-Half per Cents. are
in demand. Sales are recorded as follows :
Chillian Six per Cents, 103 ; ditto Four-aud-
a-Half per Cents., 82 ; Dutch Four per Cent.
Certificates, 100 ; Peruvian Four-and-a-Half per
Cents., 99 ; ditto Uribarren Four-and-a-Half per
Cents., 90 ; ditto Four-and-a-Half per Cent.
Dollar Bonds, 831 (exchange 48.) ; Spanish
New Deferred Three per Cents., 411 ;
Turkish Six per Cents., 1854, 781, 1 ; ditto Six
per Cents, 1858, 091, 691 ; ditto 1001. Bonds, 71.
The Atrato has arrived from the West Indies,
with 129,0001. in specie.
The advice. from Melbourne report the departure
for England of the Koh-i-noor, Orwell, and
Water Nymph, with a total of 358,5001. in gold.
This makes the aggregate on the way hither
512,500/, the Sussex and Marco Polo, with
154,0001., reported by the previous mail, being
still at sea.

The Victoria Railway debentures will be deliver-
able on Friday next, when about 1,000,0001. ster-
ling will have to be paid up.
At the discount office at the Bank of England
the applications were upon only a moderate scale,
and in other quarters good bills were readily taken
at 411 per cent., or i below the Bank minimum.
The supply of money yesterday seems to have been
larger, and that of bills smaller, than for some time
past.

The fortnightly settlement in shares and foreign
stocks will commence to-day (" continuation-day ")
and terminate on Thursday.
The amount of gold taken to the Bank yesterday
was 88,0001., chiefly continental. The Ethiope,
from the West Coast of Africa, has brought 10,0001.
Owing to the splendid weather the wheat market
yesterday was fist. The foreign arrivals are heavy.
The exportation of wheat to France last week was

extraordinarily large, and it is said that further
orders to a heavy amount are in hand, or will
come forward, the result of the French harvest
being below expectation. The immediate effect of
these large purchases of grain is of course to put
the exchange between Ingland and France inure in
onr favour.

The Liverpool cotton market is reported steady,
but the tone yesterday was dull, and the sales did
not exceed 7,000 bales.
The statement that Antigua has been destroyed
by an earthquake is believed to be without founda-
tion. The New York Herald mentions that the
intelligence was brought to Halifax by the steamer
De Lobo, Captain Hunter, from St. Thomas and
Bermuda. It is known that the steamer Delta,
Captain Hunter, sailed from St. Thomas on the
6th July for Bermuda and Halifax, but advice@
have been received from Antigua up to the 13th
July, at which date no such calamity had occurred.
The South Eastern Railway traffic return shows
this week a decrease of 1,5001., and the Brighton
an increase of 5,294 k owing to the races.
The dividend on Dublin and Belfast Junction
Railway stock is officially announced at the rate of
41 per cent. per annum, being the same as that
declared for the corresponding period of last year.
The balance brought forward from the previous
account was 9,4141.
A correspondent interested in the tallow market
sends the following remarks. As regards the pre-
sent stock, it may be useful to observe that it
amounts to the large total of 52,192 casks, against
36,681 at the corresponding period of last year,
21,525 in 1859, and 11,716 in 1858 ; whilst the
present printed quotation for Y.C. is 455. to
465. 6d., against 52e. 3d. last year, 555. in 1859,
and 495. in 1858.

In the last fortnight prices have been steady, the f nctua.
time sot exceeding fah per cwt. either wav ; and during
the same period the demand for tallow in ill positions and
for all deliveries, both for speculation and consumption, has
been unprecedentedly large for the season. The purchases
in this market for export to France now amount to about
10,000 casks, chiefly foe September to December, and
further purchases have been made et St. Petersburg for the
same destination ; while the high prices of cocoa nut and
palm oils have induced a rather considerable demand for
tallow from Germany. For home use the demand has also
been unusually large, manufacturers being entirely without
stock, and therefore necessitated to commence purchasing thus
early. The delivery fur consumption last week was 3,4BBeasks,
against only 1,89:1 in the corresponding week last year,
and in the last three weeks 8,081 casks have been delivered
against only 5,075 in the same period in 1860. The stock
now rapidly approximating to that of 18810, being only
13,511 casks more, and in a few week', inconsequence of
the extremely small shipmate at at. Petersburg, it will
be less.

The shipments at St. Petersburg to all places are only
9,032 casks, against 47,836 last year, and reports are sll
rife that 30,000 or 40,000 casks will be kept back, which
the state of the shipments seems to confirm. Looking im-
partially at the present state and statistics of the market,
the deficient supply at Petersburg, aed the extremely mo-
derate quotations, it may be expected that a comiderable
advance in prices will take place as soon as the weather
is sufilciently cool to enable manufacturers to work more
(reels.

The directors of the Compressed Coal Company
have advertised for tenders fur the erection of their
first works. The share list closes on Monday, the
18th instant.

The following are the monthly returns of the Irish
banks of issue, as made up to the 27th ult. :

Consols, which closed on Saturday at 90/ to 1
for the 10th September, opened this morning at tb•
same quotation, and closed at 904 tog. For money
the last price was 90g to 4. The ocial business
report is as follows :—Three per Cent. Consols, far
money, 901,h ; ditto, for account (Si,
10), 90g„ ; Three per Cents. Reduced, • ,
kti3eNew ree per Cents., 90g, f, ; Bank S •
, 234, 238 ; India Stock, 219, 221 ; ditto Five
per nt. Stock, 100, ; ditto, for account, 100, ;
ditto Scrip, log, ; ditto Four per Cent. De-
bentures, 1859, 96/ ; ditto Bonds, 4s. ; Five
per Cent. "enlaced" rupee paper, 944 ; ditto Five-
and-a-Bslf pie Cent Olt
The March Kachequer Bills were dull at 15e. to
lls. dis. ; and the June at ss. to Is. die. _ _

There Wad a fall ofiper cent, today in Turkish
Bonds, the financial advices from Constantinople
being regarded less favourably. The closing quo-
tations were 784 to 79 for the Loa, of 1854, and 69}
to for that of 1858. Mexican Bonds were flat,
at 22 to 4. Peruvian remain firm.
In the market for bank shares the only alteration
was an improvement in Bank of Australasia. Mis-
cellaneous slia reB were quiet. The "A " shares of
the East India and London Shipping Company
were marked 14 and 1 (2/. 10s. paid.)
The closing quotations fur shares in new under-
takings to-di were as follows :—Ocean Marino
Insurance. to prem. ; Thames and Mersey
Marine, 13-1 to 15-16 prem. ; Universal Marine In-
surance, to 0 dis. ; London and Provincial
Marine, dia. to par ; China and Japan Steam,
oto idis. ; Natal Land, to din. ; Oriental
and General Marine, to 4 prem. ; Mercantile
Fire, 15-13 to 1 pram., being better ; and Coro-
Prosoed Coal, to 4 Pram.