The Express.
London, England, 1861-11-18 00:00:00

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MONEY MARKET.-(THIS DAY.)

Twe &Clem.

There has been no variation of importance to-
day in the funds, which are steady at Saturday's
prices. In some of the other markets
a decided tendency to improvement is
observable. English railways are buoyant,
and have experienced a fresh rise varying
from 4to 1 per cent. The only other feature of
importance is an increased demand for India Five
per Cents, and Turkish and Venezuela Bonds.

The India Five per Cents. have risen to 104,1 to
At Paris, this morning, aooording to Mr.
Reuter's telezram, the Three per Cent. Rentes
opened at G9fr. 55c., being per neut, better than
on Saturday.

Consols are officially marked 94 and 931,
cum div., for money, and 9211 and f, ex div., for
the account. The present quotations are,
respectively, 931 to 94, and 921 to 1.
The official business report is as follows:--Bank
Stock, 232, 230; Three per Cents. Reduced, 92, k ;
New Three per Cents., 92, 1 ; India Stock,
223 ; ditto Five per Cent. Stock, 1061, 1,
cum div. ; ditto fur account, 1041, ex div. ; ditto
Four per Cent. Debentures, 1863, 991; ditto
Bonds, 15a., 12s. prem. ; Five per Cent.
" enfaced" rupee paper, 991, 99 ; ditto Five'
and-a-Half per Cent., 1061, 1; Exchequer Bills,
June, 15e. prem.
Turkish Bonds show increased buoyancy, and
have again risen f per cent. ; the loan of 1854 is now
quoted 811 to 821, and that of 1858, 711 to 721.
There is also a further improvement in Venezuela
bonds, which are last marked 241. Mexi-
can, after showing dulness, have rallied.
Sales are recorded as follows :—Brazilian Four-
and-a-Half per Cents., 1858, 921; Equador New
Consolidated, 151; Italian Five per Cents.,
681 (exchange, 25fr.) ; Mexican Three per
Ceuta., for account, 271, 28 ; Peruvian Three
per Cents., for account, 811; Portuguese
Three per Cents., 1853, 471 ; ditto Three
per Cents., 1866, 1857, 1859, and 1860,
for account, 47 ; Russian Four-and-a-Balf
per Cents., 921; Spanish Three per Cents., for
account, 52 ; ditto New Deferred Three per Cents.,
for amount, 421, 1; the Committee's Certifi-
cates, 131, 7 ; Turkish Six per Cents., 1854,
for account, 811, 821; ditto Six per Cents., 1858,
for account, 711, 71, 721, /, 1 ; ditto, 1001.
Bonds, 731, 74 ; Venezuela Three per Cents., for
account, 232, 241.

The numbers are published of Sardinian Five per
Cent. Bonds to the amount of 22,8201. which have
been vsnoelled.

About 85,0001. in gold, principally Arstralian,
was taken to the Bank on S.:torday.
At Lloyd's on Saturday 10 guineis per cent. were
of:fired to effect fresh insurances on the mail
steamer North Briton, which is three days overdue
from Montreal Fifteen guineas have been paid on
the ship James Wilson, from Melbourne, but upon
the gold by her the rate is still 8 guineas.
The Liverpool cotton market remains firm. The
sales on Saturday reached 12,000 bales.
Friday was the day for the payment of a call
of 21. per share, or 1,500,030/, on Lombardo-
Venetian and South Austrian Railway shores,
which are chiefly held abroad.
The Money Mark!.t Review mentions that thesum
remaining to be. paid on account of the final instal-
ment of 20 per cent, on the last Indian 4,0C3,0001.
loan is, instead of 8C3,0331., less than 100,000.
This payment is due to-morrow. _

Att-thwe meeting of the Madras Railway Company
on the 22nd inst., resolutions will be submitted
authorising the raising of further capital for the
purpose of e-ai.jring out the company's contracts.
it is mentioned in the directors' report that a por-
tion o; this new capital is intended to be appro-
pi:ated in s.tiafrction of advances made to the
company from the government treasuries for carry-
ing on the works and providing materials during
the present year in the absence of sufficient funds
coming in iron' the company's own resources, it
hay:ng been arranged that the government should
take shares in satisfaction of the moneys thus
advanced by them.
We have received a copy of the prospectus of the
Staffortlxhi-e Potteries Street Railway Comp..ny
(Limited). The object is to connect the towns of
Langton, Stoke, Hanley, Burslem, Fenton, t,o-
bridge, Tunatall, Goldenhill, and the adjecent % if-
lass, by means of streetrailways. It is announced
that the assent and co-operation of the local author '-
ties and turnpike road trustees have been secured.
That the undertaking will be carried out is iniii-
ciently indicated by the fact that out half of
the capital of 20,0031. has already been
subsoribed for by the directors and other capitalists,
and that the construction of the line has Igen con:1
tracted for. The direction comprises a long list is,
local notabilities. The shares are of 51. era.

An extraordinary meeting of the Trust and Loan
Company of Upper Canada is called for the 29th
inst., to declare a dividend.
A meeting of the Cupiapo Extension Railway
Company is called for the 29th inst.

The half-yearly court of proprietors of the Rock
Life Office is called for the 28th inst.

The following momoranduni respecting the
Queen's Hotel Company (Limited) of Upper Nor-
wood, is from au official source :
The periciical balancing of accounts of this undertaking,
dated to the 10th instsnt, shows that the receipts of the
Hotel diu:ng the last half•year have exceeded thee of any
previous limit .1 by at least 2,3CN. It has paid a dividend
of 101. per cent. per annum from its commencement, and
the satisfactory results of the patronage which has been ac-
corded to the establishment during the 6-st half of the pre-
sent esancial year already show a clear surplus pmfit suf-
ficient for the payment of 10/. per cent. per annum dividend,
retaining • considerable sum for contingencies, Sc. The 45
new rooms recently erected have been fully occupied during
the past season.

With regard to the prospecta of employment for
the winter, the circular of Messrs. Joseph Travers
and Sons ban the following :

From all the manufacturing seats unconnected with cot-
too the accounts are satinfactoty, and a belief prevails that,
owing to the enormous expenditure to be incurred by the
United States, there will be an increase rather than a de-
crease of activity as the winter advances. The American
clothier, have manifested the utmost linger with their
government on account of an order for blankets, and other
army requirements, having been sent to this country, and
it is evident that for the monicot the President and his
minister, have been terrified by the protectionist outcry.
Bat it is certain that the mills of the Northern States can-
not supply the wants that must prevail, and that,
even in their inadequate attempts to do so, they must
withdraw labour from all the channels where it has hitherto
competed with our own. It seems, indeed, looking at the
cheek to enterprise in France from the high rates of money
and the financial distrust, as if we should soon have all the
markets of the world in our own favour. Meanwhile, even
as regards the cotton question, there is no increase of de-
spondency, although the prospect of a settlement in America
has apparently become hopeless. The accounts from India
this week are spin good with respect to the quantities of
cotton to be sent thence, and there is ground to hope that
the general supply will be sufficient to keep our operatives
p oled to the extent of belt time, until all further
anxieties are terminated by the increase of production an-
nounced as being likely to take place nut season, not only
in India, bat in t ;antral America, Brasil, Persia, and numer-
ous other countries. It is said that many of the leading
Manchester manufacturers have resolved to make large
pecuniary IliltalliCAN rather than that their operativesahould
lure to appeal to public relief.

SATURDAY EII74MICI.
Consols, which closed yesterday at 921 to lex
div. for the sth Dec., were first marked to-day
921, and closed at 92f to 1. For money the last
prove was 934 to 94 cum div. The official busi-
ness report is as follows :—Three per Cent. Con-
sols, for money, 94, 031, cunt div. ; ditto for AC-
count (Deo. Er), 92/ ex div. ; Three per Cents.
Reduced, 921, 92 ; New Three per Cents.,
92, f ; India Stock, 224, 228 ; ditto Five per
Cent. Stock, 1081180, cum div.; ditto Four per
Cent. Debentures, , 99/ ; dittolBl34, 984 ; ditto
Bonds, 12a, 13s. prem. ; Five per Cant. "eufaced"
rupee paper, 99k, 99 ; ditto Five-and-a-114f per
Cent., 105 f.