The Express.
London, England, 1857-08-17 00:00:00

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MONEY MARKET-THIS DAY.

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Two O'CLOCK.
The funds to-day have receded.; per cent., but the
market remains steady in alutracter. The share
market is better. Business is quiet.
Consols fur the 9th September, after standing
at 911 to 1, are now quoted 911 to 1.
For money the price is 911 to 1. The
Three per Cents. Reduced are marked 911
to ; the New Three per Cents., 911 to 92 ;
Exchequer Bills, 4s. dis. to par; Exchequer
Bonds, 981; India Bonds, 20s. dis.; and Bank
Stock, 216.
Turkish Six per Cents. are steady, being marked
95:, 951 and 9&. Other foreign de-
scriptions are quiet. The sales are limited
to . Dutch Two-and-adlalf per Cents., at
61; ditto, Four per Cent. Certifs., at 99 ; Mexican at
221; Portuguese Three per Cents., 1653, at
451 ; Turkish Guaranteed Four per Cents. at 991
and 991 ex div. for money, and 991 fur the account ;
and Peruvian Dollar Bonds at 56.
The money market retains an easier appearance,
and many of the bill-brokers grant accommdation at
a reduction from the minimum rate of the Bank. In
the Stock Exchange short loans on government secu-
rities were obtainable on Saturday as low as 4 per
cent., owing to the investments of the public.
At llamburg the rate of discount has risen to about
7 per cent.
About 12,0001. in bar gold was taken fmm the
Bank on Saturday, for exportation to the Continent,
in payment for silver.
The imports of the precious metals last week
were rather limited. Our list includes 39,2001. by
the America, 105,3001. (of which 49,300/. was for
England, and 56,0001. for France) by the Vander-
bilt, and 72,8001. by the Atlantic—all three ft om
New York ; 2,957 oz. of gold by the Ethiope, from
Africa; and 2,0001. by the Tagus from the Penin-
sula.
The total value of these arrivals is about 230,0001.
The imports of silver from the Continent, however,
continue very large. By sea, at least 270,0001. in
silver is known to have reached London this week
from that quarter.
The Custom-house weekly statement of the ex-
ports of the precious metals direct from London
includes 32,169 oz. of gold, and 41,600 oz. of silver,
representing a total value of about 134,000!. These
supplies were despatched chiefly to France. The
articulars are as follows, viz. :—Gold coin : to Bou-
logne,
146 oz.; to Belgium, 3,000 oz. and 731. Gold
bars: to Belgium, 23 oz.; to Boulogne, 29,000 oz.
Silver coin: to Hamburg, sou oz.; to Boulogne,
40,800 oz.
The shipments of specie for the West Indies, tee., by
the steamer Parana, which will leave Southampton
today, reach 49,6001., of which 20,0001. is gold and
the rest silver.
Including 12,0001. shipped by the Etna, for
Alexandria, the total ascertained exports of the week,
as officially reported, are raised to about 196,000/.
The private remittances of gold to the Continent
have comprised, in addition, the bulk of the imports,
together with some further sums, which, though in-
eluded in our last weekly summary, did not come to
hand until last week. Amongst these was upwards
of 100,0001. in gold ex the steamer Parana.
On the Continent the exchanges on London re-
main steady. At Amsterdam a slight improve-
ment has taken place. At Paris on Friday the
rate on London was quoted 2120 for short, and
24.80 to 821 for three months; at Amsterdam, 11.s0
for short ; at Hamburg, 13.4 for short, and 13.1 for
three months; and at Vienna, 10.10.
At Paris during the last few days the atoms lls
change, or authorised stock brokers, have retused to
quote Spanish stocks. As a reason for the adoption
of this unusual course, the following circumstance is
mentioned :—About two veers ago, the Spanish
Minister of Finance handed over to a Madrid firm,
as security for advances, a considerable amount of
Spanish stock, with the stipulation that it should
not be put into circulation. This condition, how-
ever, does not seem to have been adhered to; the
stock was sold in foreign markets, and the Spanish
government made the infraction of the agreement a
pretext for refusing to acknowledge the securities
in question. As there is at present no means of dis-
tinguishing the stock in dispute from the former
issue!, the dealers in Feria abstain altogether
from transactions in Spanish stock. It is
stated that the syndicate of the agens de change was
even upon the point of formally excluding all Spa-
nish securities from the Bourse until the matter shall
have been satisfactorily arranged. However, they
have contented themselves with issuing a general
caution to all parties interested.
The prospectus of the Dwelling-house Improve-
ment Company, Limited, has been issued, with a pro-
posed capital of 200,0001., in shares of 21. each, upon
which the deposit is fixed at ss. per share. It is
mentioned that the formation of the company " has
been promoted by an association of gentlemen
desirous of proving, by example, that the dwellings
and homes of the middle and working classes may
be built in an improved style, with great increase of
comfort, health, and convenience, combined with
economy • while at the same time the capital in-
vested will be amply remunerative." The directors
propose to begin their operations by erecting new or
altering existing buildings, andestablishing them as
"economic chambers and model dwellings, provided
with resident superintendents.
The half-yearly meeting of the Great Northern
Railway Company, called for the 29th inst., is after-
wards to be made special, to receive a report from
the committee, which was appointed on the 12th
of March last, " to inquire fully into the accounts of
the company, including the registration."
The half-yearly meeting of the Submarine Tele-
graph Company is called for the 26th inst.: and
that of the class A shareholders of the St. Andrews
and Quebec Railroad Company for the 31st inst.
The annual meeting of the Falkland Islands Com-
pany is called for the 27th inst.
The third ordinary general meeting of the Royal
Surrey Gardens Company is to be held on the 25th
instant.
A special meeting of the Geelong and Ballarat
Railway Company is called for the 21th instant, in
London, " on the subject of certain communications
received from Mr. Mossman, from Melbourne, to
consider and decide upon what course should be pur-
sued under the circumstances."
A half-yearly dividend at the rate of 3 per cent.
per annum is advertised on the stock of the Western
Bank of London.

SAT!' RDAII Evxsn.e.
The investments of the public continue to exercise
a very favourable influence in the Stock Exchange.
The funds to-day were buoyant, and rose to ; per
cent., making a total advance of nearly 1 per cent.
in two days. The market closed at the best point
of the day, the alteration in the position of the spe-
culative account, coupled with the absorption of
stock by investors, inspiring confidence. Most of
the other departments of the Stock Exchange, in
eluding the markets for British Indian and Belgian
Railway shares, were likewise better.
Consols, which closed yesterday at 914 to 1 for the
9th Sept., stood at one period this morning at
91 3-16 " sellers," but afterwards steadily advanced,
and closed at 91 7-16 to 9-16, or exactly 914. For
money. the lut price was 914. The official business
report is as follows :—Three per Cent. Console, for
money, 914, 901, 911 ; ditto, for account, 9th Sept.,
911, 1 1. Three per Cent. Redumd, 911, 1, 1.
New Three per Cents., 911, 1,1, 4. Long Annuities
expiring' in 1413. 1860, 2 7-16. Thirty Years
Annuities, Jan., 1860, 2 3-16. Bank Stock, 2151,
Three-a:ad.:L-1W( per Cent. Exchequer Bonds,
falling payable in 1859, 98/.
ADDITIONAL MAIL TO lIIRMIWORAIL-011 and Exchequer Bills show a further advance of Is'
made up st this Oka for Birmingham, to be despatched 1
alter Mead"' the 17th thatm't• an additienel mail will beclosing at 43 dis to par. India Bonds were also
the train whirls leases the Easton-square elation at .be mote inquired'
for. , and- wen marked 20a. to 18a. dia.
a.m. Minders Lessem foe this Turkish Six per Cents. were steady to-day, but
ported at the mei cb sad district daces Rondos, the upward tendency was checked by
.sales : the
brftread, Wen 10.44 &M. Thal will be delivered is Bic-
Wsly 9 as: and at the °ems' Post-Alm St. Ranier closing quotation was 954 to 1. Turkish Guaran-
teed Four per Cents. were firm, at 991 to 1 ex din.
sighluilletfte lout debnlip thaiio".—BY °mini"f • stocks wet* well supported, with a
FetEnseer•Gewarel. owitno Uu.t, Secretary. Other foreign
Send Itsl4lks, Ansa 14. more active business. Sales are recorded as fol.

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