The Express.
London, England, 1861-09-20 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'CLocs.

The funds to-day are rather dull. In thr ab,rnc_•
of btuiines, a relapse of about le percent. ha% taken
place in Consols. English railway stocks .are
Sneer to-day. In the other markets the altera-
tion in prices is not of importance. Brazilian
railway shares continue to attract attention.

Consuls are officially marked 931 and 4 fur money,
and 934 and 1 for the account. The present quo-
tations are 931 to 4 for money, and 931, "
for the 10th of October. The official business re-
port is as follows :—Three per Cents. Reduced,
914, 1 ; New Three per Cents., 914, 1, 1 ; India
Stock, 233 ; ditto Five per Cent. Stock, 104, log ;
ditto Four per Cent. Debentures, 1839, 981 ; Five
per Cent. " eufaoed," rupee paper, 991, 4 ; ditto,
Five-and-a-Half per Cent., 1034, 1 ; Exchequer
Bills, March, 2s. prem. ; ditto June, 45., 71. prem.
In the foreign stock market the principal trans•
actions have been in Mexican Bonds, which
continue iu demand, and have been dealt in as
high as 24 ; the last transactions reported are
at 231. Turkish Bonds are slightly flatter ; the
Loan of 1834 is now quoted 834 to 4, and that of
1858, 681 to 4, ex div. Other foreign stocks are
steady, but the transactions have not been nume-
rous. Sales are recorded as follows :—Austrian
Five per Cents., 511 (exchange, 108.); Brazilian
Four-and-a-Half per Ceuta., 1860, 911, 91;
Italian Five per Cents., 701, 4 (ex-
change, 25fr.) ; Buenos Ayres Deferred, 281;
Mexican Three per Cents., 231 ; ditto for account,
231, 4, 24, 234 ; New Granada Active, 161, 4 ;
ditto Deferred, 54 ; Russian Five per Cents., 993,
ex div. ; Spanish Three per Cents., for amount,
494, 50 ; Turkish Six per Cents., 1858, for ac-
count, 88j, 00, ex div.; ditto 1001. Bonds, 714.
The Bank of England being still underbid by the
general market, the applications at the Dimiount-
office yesterday were upon the same limited scale as
om Wednesday, notwithstanding the reduction in the
charge. In Lombard-street good bills were readily
taken at 34 per cent, with occasional transactions
as low as 3.

In the Conaol market the rate for loans was only
about 21 per cent.

In consequence of the alteration at the Bank, the
joint-stock banks have reduced the rate aliowel
for deposits front 3 to 21 per cent., except that the
Loudon and Westminster allow only 1 for sums
below 5(N)!. The discount establishments will
henceforward give 2} per oent. (instead of 3) "at
call," and 21 (instead of 31) "at notion."

An instalment of 20 per cent. falls due on the
Indian Loan of 4,000,0001. on Tuesday next, but
little remains now to be paid.
Sixty thousand pounds in gold was purchased by
the Bank yesterday.
The Swiftsure, with 205000/. in gold, has now
been at sea 80 days from Melbourne ; the Jame%
Wilson, with 78,0001., 72 days ; and the Lincoln-
shire, with 207,0001., 80 days. The total is
488,.000/..

The Liverpool cotton market is still rising.
Prices were quoted yesterday id. higher than on
Friday, and the sales reached 20,000 bales.
We understand that the address to Earl Russell
from the merchants and others connected with the
trade of Mexico will lie for signature at the office
of Mr. Samuel Brown, 48, Threadneedle-street,
until 2 o'clock on Saturday, when it will be sent to
Liverpool and Manchester.
TS Eastern Counties Railway traffic return
Shows this week an increase of 2,7981. ; the Man-
chester, Sheffield, and Lincolnshire, a decrease of
1,714/. ; the North Eastern • decrease of 2,331/. ;
the Lancashire and Yorkshire, a decrease of 2,0831.;
and the Midland, a decrease of 2,987/.

A general meeting of the Atl'antic Royal Mail
Steam Navigation Company is called for the 7th of
October.

The position of the market for American securi-
ties is noticed as follows by Messrs. D. Bell, Son,
and Co. :

During the pant week there bee been rather more activity
in the market for American Securities, and transactions to
some extent have taken place in United States Five per
Cent. Bonds at 71 to 72 ; Virginia Six per Cents., 471 to
481 ; sad Pennsylvania Five per Cent. Bootle, 71 to 72.
Stooks are not freely offered for isle, and prices generally
are firmly sustained.

With regard to the wine and spirit trade the fol-
lowing is from the circular of Mr. F. W. Coeens :
Since the departure of the August mail our wine and
spirit markets have been without novelty. Brandy is de.
cidedly firmer, without any alteration in value. Holders of
rum an firm, prices • shade easier. Wines move off slowly,
purchases being confined to buyers' immediate waste.
The advice, to baud by the last Australian mail conti-
nue unsatisfactory, and although our export of liquids gene-
rally has for many months beam limited, still no correspuod-
ieg improvement in prices is reported. It would appear
i that from some came or other prices at the Antipodes are
sot always regulated by supply and demand.
Sherry.—The /*telt advice' from Jerez report the coit•
meneement of the vintage. The weather had been for some
weeks unusually hot and dry, many of the vineyards Buf-
fering considerably in consequence. The oidiurn has not
caused as ranch damage as was at one time herd, although
undoubtedly it has curtailed the crop to some extent. The
yield is estimated to produce (should the weather continue
propitionsl rather less than two-thirds of an average. eon.
tracts have been made for the Mato at about 2!. per butt
advance upon the rater paid for 1860 at this period last
year. The Electra has been chartered to leave Cadiz at the
end of November with a cargo of sherry for Sydney
direct.

Port.—From the Douro the sdvioea report the commence-
ment of the vintage, the quantity estimated as likely to le
produced, is between 30,000 and 40,000 pipes, and in spite
of the "...idiom" (undoubtedly checked by the liberal sp.
plication of sulphur) the quality promises to be above
mediocrity, smut asserting it will be even superior to the
crop gathered in MO.
In France, some districts have yielded satisfactorily,
others promise to be less favourable ; prices at Bordeaux
(Claret) and Epernsy (Champagne) are well maiumiued.
Brandy.—The news from Cognac is still unfavourable ;
the disappointing result of the crop keeps prices firm, with
an upward tendency ; the London stock gradually decreases,
and with the usual autumnal demand prices are likely to
be higher ; it is still sffirmed upon good authority that the
Cognac houses will not be In • position to quote 1801 as a
vin,
Rtaumge.—The stock of this spirit increases, the home and
export trade shows for the seven months ending July 31, •
decline of nearly 3,201 puncheons as compared with tho
same months of 1860. Prices are a shade easier fur those
descriptions suitable for shipment to the Australian markets.

Thu return of the Bank of England for the week
ending Sept. 18, compared with that for the pre-
vious week, shows the following changes :
Circulation lama 027,823,443 Increase 1:34.1,730
Circulation active 19,816,180 Decrease 18,650
Public deposits 6,081,928 Incroane 19.t.919
Miier deposits 12,442,830 increase t 5,170
Government securities is
__

banking depirnamt 10,450,800 No change
Othersecwinesin banking
department
Coin and bullion in both
departments 13,900,792 Increase 350,390
Seven day and other bills 704.7412 increase 1,834
The Rest
Notes in reserve
Total reserve (notesk coin)
in banking department 8,813,612 Inc:reale 367,010
- • •

There is again a considerable increase, both in
the bullion and rogerve. The total of the former i.
now fourteen millions, and of the latter nearly
nine millions.

RANK OF ZNOLAND.—AD
sod bth Vie., C. SS, tor tho
14 NIL

bunt pamtant to the Act 7th
enalLng on Woclattday, 'Sept.

1.1117111 DEN
Notes brood AfteSS,446 ,

4111111IFT.

/L 27,823,441
IBANKtisO Di
Proprietors' Capital £ug.6:1,080
Licit
Public Deposits Ja-
c-lodine Mt stmt
Day. Bub, Cum-
sols. of National

(.7orernment debt 411,016,100
Other securities 3,440100
Gold coin and bul-
lion

PAPIIIIII7.
Goveramrnt

427.10,446

Asot.e.)
Other 11,411,11t0
Bevan day aad other
704,1•1

titles u ding
Devi Weight An-
nuity;
Other Securities
Notes
(told and Silver
Coln 826.117

&1/45641 418,614,444
Sept. 19, 19111. 464 IL. YAISRALI. Chief Cashier.

TIONIDAT EMIL/
Consols, which closed yesterday at 94, "sellers,"
for the 10th October, opened this morning at Oa
same quotation, and closed at 93Z to 94. For
money the last price was 931 to I. The official
business report its as follows :—Three per Cent.
Consols, for money, 94, f, g ; ditto, for
account (October 10), 94, 94; Three per Cents.
Reduced, 91:. 2 ; New Three per Cents., 911, ;
Thirty Year, Anne.. 1985, 14, ; India Stock,
221 ; ditto Five per Cent. Stock, 103 i,
Fi ; ditto,
for account, lu4l ditto, Scrip, 104 ; ve per
Cent. " enfaeed" rupee paper, 96/ ; ditto Five-and-
a-half per Cent, 104, g.
The India Five per Cents. were firm, with a
tendency to in:prove:tient. The stock closed at
104 to t, for Os account, and the scrip at 104 to 1.
The March Exchequer Bills remain quoted 21.
die. to 2s. rem, and the June 4s. to 78. prem.
The foreign stock market retains au utpward ten-
dency. Turkibil Bonds closed about per vent.
better than yesterday—the Loan of 18444, at 84
tol ; and that of 1858, at 68/ to 69, ex div. Mex-
ican Bonds, after being marked 23/, bad risen at
the close to 231 to 1. Ch Tian Four-and-a-Half
per Cents. advanced 1 per cent., leaving off at 831
to 84k. Sardinian and Peruvian Uribarren Bonds
rose # to 1 per cent. The upward tendency extended
to Buenos Ayres, Brazilian, and some other
descriptions, the general course of prices i 1
this department being decidedly favourable.
Colonial government debentures were in increased
demand to-day, especially New Brunswick, Victoria,
and Canada Five per Cents.

MINES.-(THIS DAY.)

Two o'CLocw.

The mining market shows rather lees activity
to-day. East Caradon shares are somewhat flatter,
at 2611 to a, and North Downs at bj to North
Basset are quoted df to j, showing firmness, and
West Caradon, 44 to 46, being steady. Marks
Valley are called 10./ to I ; West Polinear. 12s. 6d.
to 13s. ; Stray Park, 31 to 32 ; Camborne Vean,
2k to ; and 11orrh Treskerby, 23.1 to 244.
In foreign and colonial descriptions no variation
of importance has taken place. 800 Accord are
officially marked in the Stock Exchange, k pram ;
Great Northern (South Australia) it prem. ; and
Port Philip, par.

At Bedford United Mine three-monthly general mooting
yesterday the accounts showed • balancein favour of the Rllei
of 1,1031. 14s. ld., and an estimated balance of receipts our
payments before the meeting in December next of 1.417 L
17s. ld. A dividend of Is. 6d. per share was declared.