The Express.
London, England, 1857-02-25 00:00:00

MONEY

n-THIS DAY.

Two o'CLon.

The funds remain quiet, at the closing quotations
of yesterday. The principal business is still in the
railway share market, which continues buoyant.
Consols are steady, at 931 to 1 for money, and
931 to 94 for the sth of March. The Three per
Cents. Reduced have been dealt in at 931 to 941 ; the
New Three per Cents. at 94/ to 1 ; the New Two-
and-a-Half per Cents., at 78 ; Bank Stock at 220;
Exchequer Bills (June) at 3s. prem. ; Exchequer
Bonds at 981 to ; and India Bonds at 2a. clis.
Turkish Six per Cents. are firm, at 961 to 2
for money, and are marked 951 and 95i for the 17th
of March, The Guaranteed Four per Cents. are quoted
1011 to 1 per cent. Other foreign stocks are very quiet.
The sales are limited to Dutch Four per Cent. Certifi-
catasat9Bl ; PortugueseThreeperCents. 1863,at 44j ;
Russian Four-and-a-Half per Cents. at 971 and 98i ;
Spanish Deferred Three per Cents. at 242 ; and Vene-
zuela Active Bonds at 37.
The stocks of all the lines of railway con-
verging in Manchester attract especial attention,
in the expectation of considerable benefit from the
approaching exhibition. It is evident, however,
that the half-yearly accounts recently presented by
the leading companies are regarded with satisfac-
tion. Bend fide holders of railway stock, it must
also be remembered, are always reluctant to sell just
prior to the payment of the half-yearly dividends.
The requirements of the Stock Exchange will be
considerable during the present and next week, in
connexion with the periodical settlements in shares,
foreign stocks, and Consols. The 4th of the month
is also approaching. On the other hand, the easier
appearance of the Continental money markets is re-
garded with satisfaction.
We are authorised to state that there is no foun-
dation for the Continental reports that a new Aus-
trian loan is about to be brought forward.
Advice' just received from Berlin announce that
the firm of Mendelsohn and Co., who are agents to
the Russian railway scheme, bad offered the stock in
that market at 6 prem., without finding buyers.
The 288,00.4tietrld brought by the Ocean Chief
was in band y, widths whole hes been taken
for the Continent. Part hoe been purchased for the
Bank of France, part goes to pay for silver on the
Continent, and 32,0001. is to be shipped to Cadiz.
The Indus will take out the India and China mails
from Southampton on the 4th of March. It is be-
lieved that the shipments of silver by this vessel will
be very heavy.
The ship Earl of Eglinton has arrived off Torquay
from Foo-chow-Foo, with 1,517,0001 b. of tea on

"OIL
The Perim advice. state that the project for the
formation of an International Bank has virtually
received the sanction of the government.
The new loan for two millions sterling, raised by
the department of the Seine, and for which subscrip-
tions have recently been invited in Paris, has been
quickly subscribed for.
In French railway circles, rumours of an approach-
ing fusion of the Lyons and Mediterranean Ttailway
Companies continue to excite discussion. It is also
reported that the Gramma and Befiers Railway
Company.is farming satisfactory arrangements with
the proprietors of the mines in that district.
At the half-yearly meeting of the General Steam
Navigation Company yesterday a dividend at the rate
of lOpm cent. per annum, together with a bonus of
2s. 6L par share, was declared, free of income tax.
The partsculars are published of 817 bonds of the
• Greek Loan, which are to be paid off on the let of
! Mark amt.
Mao is given in Paris that the subscription list
at: yes Nara Railway Company will be closed on
tis 1116 art.
Th. Data Rhenish Railway Company advertise
tho wrong, in due seam, of the interest coupons
of their ism of 2,400,000 florins.
The Admiralty have accepted the ships Edith,
Jane, . and Minorca, for the conveyance of' stores in-
vectively to Cape Town, Jamaica, and Malta. The
Agra has also been accepted to convey convicts,
passengers, and stores to Bermuda.

TVVIDAT Eves res.
Owing chiefly to the victory gained by Ministers
in the House of Commons last night, the funds were
firmer today. An advance of 4 to 3 per cent. was
at one period attained, and the closing quotations
were still nearly 4 per cent. better than those of yes-
terday. The chief movement of the day was in the
railway share market, which exhibits a further
general rise. The settlement will commence to-
morrow in this department, but there was
an undiminished disposition to effect purchases
for the new account, terminating in the middle
of March.
The firmness of the stock markets to-day was in
face of an inclosed demand for money. In the
Stock Exchange 6 to 8$ per cent. was paid for short
loans on goverment securities. At the Bank and in
the general discount market the applications for ao-
esmodation were numerous, and the supply of money
en sae was nither limited. The current rates were
=fel te them of the Bank. The immediate
is slim:dated by the requirements of the
parties who have purchased the gold recently re-
oohed hese Australia for transmission to France.
Comb for the 6th Marsh opened and closed at
931 to 94 ; the intermediate variation consisted of a
t improvement to 94, " buyers." For
mousy last price was 934 to 1. The official
Mims report is as follows: Three per Cent.
Consols, for mosey, 934, 931, 94 ; ditto for account,
6th March, 94, 931, 94. Three per Cent. Rawl,
94, 944. New Three per Cents., 941, 1, 4. Beak
stock, 220, 2181. Long Annuities, expiring in
'sneezy, 1880, 21 ; Thirty Years Annuities, January,
HMO, 21 ; Thirty Years Annuities, April, 1886,
18 Me, 181. India stock, 222. Three-and-a-Half
per pest Exchequer Bonds, falling payable in 1868
sad 1111111, lei.
The New Two-and-a-Half per Cents. are ales
e 1 I =IT: a al 78.
BiLis have not been affected in prise by
the sameaseament that the March bills are to be n-
amed et the =Way rate of 2sd. per cent. per day
hiceset, this liesisioa having been anticipated. The
hies bfille Imre quoted par to 3s. poem., and the ad-
vertised MSS Is. die. to 2a. pre. The March bills
are to be mat is at Whitehall until the 9th March,
inclusive, smiths new bills will be issued on the 17th
March.
t&leads were quoted 981 to 1.
fillir: per Cents, show an improvement of
to 1 per cent., being quoted at 4 o'clock 953 to 1. The
Guaranteed Four per Cents. closed at 1011 to 4.
Ramis& Foar-Half-Half per Cents. advanced 1
per stmt. Mexican Boods declined about 3 per cent,
firs skims from Mexico being considered nnfavoura-
bk. The Swish Coupon Certificates maintain their
late
Theii=telegraph reports a the of 4 saltillimy
in the esnhenge atllembarg on L. la emir
gems% the rate for bills on Hamburg ruled
onon bees this afternoon. The rates onlatil:,
sad Antwerp were firm, and on Vienna
rather lower. The current quotations arc subjoined,
via

Amsterdam, three months, 11.18 to 1 ; ditto, short, 11.15
to •1 • Itottemism, three 11.181 to ; Antwerp
~:2:epe months, 25.421 to 7i ; limber( three
montba, 18.7 to 8,• Perk, three months, 25.64 to 7t; ditto,
dant, 25. to 71; Mareddles, three moths, 65 to
7i •ao•Maine, three menthe, 1191 to 1;
Petersburg, these months, 371 to ; Vienna, three months,
10.27 to 9 ; Tritste, three montU, 10.28 to 50; Planks,
three mortis, di} to 1 ; Genre, three months, 26.671 to 721
Leghorn, them montles, W. 37/ to 421; Pidermo, three
months, 129 to ; Messine, three months, 1291 to 190;
Oporto, three months, 52f to 1 ; Lame, three months, 511
to 1.
Ottoman Bank shares closed to-day at to I
prem., being still inquired for; and Bank of Egypt
at par to 1 prem. The National Discount Company's
shares have declined to / die. to per div.
of the London Discount Company also flatter.
The old bank stocks were steady. Berlin Water.
worh shares were flatter, and Canada Land better.
North of Europe Store shares are marked 121 and
111 (171. lOs. pod).