The Express.
London, England, 1857-02-14 00:00:00

COVENT.OARDEN=THIS DAY.

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MONEY MARKET-THIS DAY.

Two o'CLocr.

The Budget appears to hare given general
satisfeetion, and caused the funds to open with
Aramaean; but further speculative sales have since
been pressed, and prices arc now quoted per cent.
lower than at four o'clock yesterday. The other
merle* are fairly supported.
Crowds opened at 841, "sellers," for the sth
March, and are now quoted 931 to 94. For money
the price is 931 to . The Three per Cent.
Reduced have been dealt in at 94 to 1,
the New Three per Cents. at 941 to ; ; the
Five per Cents. at 1131; India Stock at 219; Ex-
chequer Bills at Is. to 3s. pram; and Exchequer
Bonds at 981 to t.
Turkish Six per Cents., after touching 93 to 1,
have receded to 941 to 95. The Guaranteed
Four per Cents. are quoted 1011 to I.
Spanish Bonds are again better, and other
stocks firm. The sales comprise Dutch Four per
Cent. Certifs. at 99 and 981; Granada Ac-
tive at 221 ; ditto, Deferred, at 61; Mexi-
can at 22 ; ditto, for 27th February,
at 221 ; Peruvian Four-and-a-Half per Cents. at
SO; ; Portuguese Three per Cents., 1833, at 441 ;
ditto for the account, at 441; Russian Four-and.a-
Half per Cents. (Small Bonds), at 97 ; Spanish New
Deferred, for account, at. 241 and ; and Venezuela
Active Bonds, at 371.
M. Isaac Pereire, the head of the eminent financial
Arm in Paris, has during the present week paid a
IMO visit to London. The letters from Pans refer
to a report that his object is to effect a fusion be-
tween the proposed International Bank and the
Credit Mobilier Society. We understand, however,
that the parties engaged in the projected bank hold
an entirely independent position, and that the ru-
mour transmitted from Paris is altogether without
foundation. We believe that the real motive of M.
Fertile 's visit was to feel the pulse of the London
market, with a view to the introduction of the long-
pending Russian railway scheme. A telegraphic
despatch from the Continent alleges that the ukase
respecting this gigantic project has been published
at St. Petersburg. In some quarters rumours pre-
vail that the undertaking will be launched imme-
diately; but well-informed parties incline to the
belief that it will be further postponed, to abide the
chance of an improvement in the money market.
A small parcel of bar gold was yesterday taken
from the Bank for exportation.
The foreign exchanges yesterday
.afternoon were
generally firm. Paper on Austria continues in request,
owing to the more favourable feeling prevailing in
financial circles in Vienna.
The corn market continues flat, owing to the large
stocks of foreign wheat and barrel flour which have
been accumulated at this port. Sales could not be
effected to any extent yesterday at last Monday's
rates. Only one floating cargo of grain has
arrived off the coast this week. The number of
grain-laden vessels on their way to this country
is now comparatively small. At the same time the
demand for maize on Spanish account has revived,
I and since Wednesday several cargoes on passage
under orders to call at Gibraltar, have beens Tall:
that quarter. The country markets are dull, and in
some cases a little lower. The French markets, on
the other hand, retain an upward tendency.
The Nora Bella has arrived in the Downs from
Foochow-foo, with 415,600 lbs. of tea on freight.
The half-yearly statements just put forth by the
London and North Western and North Eastern
Railway Companies are favourably viewed, and
have increased the firmness of the railway share
market.
The dividend of the Blackwell Railway Company
is officially announced at the rate of 3s. 6d. per
share. It is proposed to make a considerable outlay
for new warehouses and station accommodation in
connexion with the traffic coming from the London,
Tilbury, and Southend Railway and the Victoria
Docks. The directors therefore recommend the
raising of 160,000!. capital, in new shares, which
are to be allotted amongst the present proprietary at
the price of 5/. 10s. per share.
Another auction of the foreign redeemable debt of '
Spain is to take place at Madrid on the 28th inst.
The bill of the European and Indian Junction
Telegraph Company passed the standing orders of
the Howie of Commons on the 12th inst.
The prospectus of the County and General Gas
Coanuruers' Company, limited, is issued, with a pro-
posed capital of 50,0001., subject to increase. The
deed of this company is to introduce gas lighting
Into country places of limited population. The com-
pany promises an " ample supply " of gas, at a " low
rate," and one of its objects is to induce the eon-
smote to become shareholders. Advantage is to be
!then of " every improvement that science and ex-
perience have suggested up to the latest period." '
IA list is appended, compiled from the Gas Journal,
comprising twenty or thirty provincial towns in
which the gas companies already established are
paying dividends varying from 3 to 10 per cent.
per annum. The shares are to be of 5/. each, with
a deposit of ss. per share on application, and 15s. on
allotment.
Tenders will be received by the Emigration Com-
missioners, on the 19th inst., for the hire of ships,
which must be ready to receive passengers for con-
veyance to Sydney, Melbourne, and Adelaide, be-
tween the 31st of March and the 7th of April.
The return of the Bank of England for the week
ending Saturday, Feb 7, when compared with the
previous return, shows the following results;
armistice bras
Okeriellsiestive
Plablisamenn 6,551,253 Increase 1,138,629
Olaw amens
01111111111101•4 .rarities in
looldswienerinsent
Odor nessilen is banking
dspenanot. 17,901,683 Increase 192,944
Oda sal Inaba in both
thpariands
issieiv sad otherbills 788,171 Decrease 18,769
The neat
The Reserve . .

The subjoined exhibits the extent of the week's
variations at one view:
Public deposits
Other deposits
Notes and bills in circulation :
decrease 318,799
Rat lncrease 113,343
Oa Os oder 'Wear the account :
Ortermenteeensities decrease 32,857
Other muskies increase 192,944
Coin and bullion

Total £1,445,359

£1,445,359

The decrease of 160,7301. in the coin and bullion
is heavier than has been witnessed of late, and indi-
cates that the Continental withdrawals were begin-
ning to tell upon the Bank's metallic stock. Last
week there was also a large shipment of sovereigns
to the Brazils. The decrease, however, has probably
since been rectified, owing to the influx into the
Bank this week of nearly 200,0001. in Australian
gold. The decrease in the private deposits, though
heavy, is more than counterbalanced by the increase
in the Treasury deposits. The " other " securities
having increased by 192,9441., the addition to the stock
of unemployed notes is, on balance, 130,2301. The
Treasury balance is now unusually large.

DANK Vii..NOLAXD.Ats Acoootat, penowant to the Act 7tb sad
RA e. foe the week odbat ow Saturday, Feb. 7, 7A17,
11Yrs 011,0T0L,
Roledmend ..........MO TAN I Oorentroent Debt .... 111.0153,0
Other blew ltke . . I.4ae
Gold Cow and Dallas 17.V1,100
Dam ......
CS.MLIM dZt.T6T.4SO
NAMPO DITAMMT.
Progetabare 0a61ta1....124.561,0t0 &riles
ytt
Mblle Detwella Ourled. 3.114.6" Annuli DaW)
A 11,514,467
Other ben
. 17.9u1.583
re= ell= Noun . . 4.144.195
Debt. sad Dtv.Atetel SAMAR Ovid sad Illlvor Cola .. 1ce,745
dim Demi. %MAI
Swaim salaMillM T 15.171
RSROOLIII 136.00;AM
Tab. MHO. M. MARSHALL. Oblet Crider.

FETD&T ETV-VINO.

In the Stock Exchange to-day operations were to
some extent restricted by the prevailing suspense as
regards the Budget. Some speculative realisations
having been induced by the late rise, and the de-
-1 mind gor money being brisker, the funds showed a

reaction of per cent. at the close of business. At
a later hour, however, this slight reduction was re-