The Express.
London, England, 1857-05-29 00:00:00

=Mos,' MOAT 11Vtiorpro;' 29,!'isir.

IitHAJUI Lliff&-:

MONEY MARKS

7.-T111.9 I)4Y.

Two o'CLocx.
The funds remain fiat, and a farther reduction of
/ percent has been established. The other depart-
ments el the Stock Exchange are also weaker.
Couple, after standing at 93j to 94 for the 4th of
lone, have declined to 931 to j. For money the
present quotation is 931 to I. The Three per
Cent. Reduced are marked 921 to ; the
now Three per Cents., 921 to 1 ; Bank
Stock, 212/ to 214; Exchequer Bills, March, 4s.
to 'ls. prem.; ditto, June, 2s. to U. prem. ; and
Exchequer Bonds, 981 to 99.
Turkish Six per Cents. have declined to 941 to j.
()thee foreign securities are inactive, with little
change in price. The males include Brazilian Old Five
per Cents. at look; Buenos Ayres Bonds, for account,
at 881; Danish Three per Cents., at 841 to 86;
Dutch Four per Cents., at 97 ; Equador New Con-
saluted lands, at 31 ; Peruvian Four-and-a-Half
per Omata, at 781 ; Burka Five per Cents, at,
Wlf ; ditto Four-and-s. Halt per Cents., at 97.
Up to the 4th of June it is thought that
an active demand will be experienced, as, in
addition to the mull mercantile liabilities maturing
on that day, it will be settling day in Consols. The
macrame to ship silver to China will also greatly
increase the demand for aocommodation.
Of the 178,0001. In gold ex the Istanboul, from
Melbourne, upwards of 100,0001. has been pur-
chased by the Bank.
The fortnightly settlement in shares and foreign
stocks was inally_completed yesterday.
The steamer Flora has arrived from St. Peters-
with 98,650 half imperials, or about 78,9001.
on freight. The bulk of this remittance has already
been purchased for exportation to the continent.
We learn from St. Petersburg that the Bank and
the Mint paid away to intending exporters of bullion
800,000 half imperials, or 500,00 W. sterling; but at
this point it was intimated that the °facials were not
at liberty to 'apply further sums "for the present." Of
this amount 120,0001. is known to have reached
London during the last few days per the steamers
Adonis and Flora, and another considerable remit-
tance is on its way hither. The rest of the 600,0001.
seems to have been diverted to Berlin, Hamburg, and
other continental cities. It is a point of some inte-
rest as to whether the Russian government will WS-
maieli permit the exportation of any further amount
of
he ship Grantee hu brought 80 or. of gold from
Adelaide; and the steamer Kangaroo 1,60 W. in
specie from New York.
It "ppm, from the despatches received in anti-
cipation of the overland mail that the exchanges on
London at Calcutta and Bombay are a shade more
favourable than reported by the lest mail. In China,
however, a further deeideCy adverse movement has
taken place. The rate at Hong Kong, last reported
at 4s. 11d., hes risen to 5e.; whilst that at Shanghai,
which previously stood at Cs. lid. to 71., has ad-
vanced to about 7s. 4d. We have can, however,
one telegraphic despatch which quotes the ex-
change at Calcutta as low as 2s. 11d., showing
a sensible fall. However this may be, the advance
in the rates in China has a strong tendency to sti-
mulate the efflux of silver thither, and the silver
market was yesterday very firm in consequence. AU
available supplietiof the metal will, of course, be sent
out by the Indus on the 4th of June ; but; owing to
the comparatively moderate amount in the market,
and to the shortness of the period allowed for effect-
ing shipments, a limit will be imposed on the remit-
tances by this opportunity. It LI at present esti-
mated that the total will be between 700,0001. and
800,00 W.
The steamer Tagus has taken out 4,9021. in specie
to Cadiz.
Considerable arrivals of silver from the Continent
continue to take place. The steamers Rhine and
Albion, both from Boulogne, bring a total of 49
cases, and the Telegraph, from Antwerp, 20 cases.
The value of these remittances is probably not less

_
than 40,0001.
The Strathmore hu arrived from Foochow-foo
Advioes from St. Petersburg state that about
9,000 casks of tallow were expected to be despatched
by railway from the interior to that city.
The following are the days appointed foe the
shutting and re-opening of the transfer-books at the
Bank of England and East India House, viz. :
Shut. Re-open.
Three per Cent. Console Tees., Awe 9.. Prt, July 17
New -a-Half re
Cents. Wed., June 10 ..
New Twe-end-a-Half per
Costs. . .
Nee per Cents.
AnnuNee, Jan., 1800
1880
Ina stock
In American securities, according to the report of
Maim B. Bell, Son, and Co.,very little business has
been done during the last week, and prices are for
the moat part nominal. This firm give the quotations
as follows :
in Wd& we
Salted sus sue GusßadesoK 1937480 Jam. andan July 10e we
De. •ew met Serb- LE Jon. sad July 104 Eft
Alabama Bwe Coat Ws. Kay and Nov. 78 ~.,
14,71=44 $731.41r. OW Jan. mad Job 80 11
...- - 11.9. sod Oen ea 180
la= sal " PL3k. /bran Jas. sad Jab 40 a
Do. 6 psr.ii:trisiWil.
Plawyterai I Wali a: lon rd Avg. llama W Aar.
74 76
=Ws 66E01.11de. 1877 Polo NW Aud. TO 81
Sow Cit. Kens Diem Jan. sad Joey - -
W 5 ',venni.. Verb 1168 Jo. sad July ipi SK
8 per IX St. KW 1118 Jan. aod Wily 84 SS
S peg Owl loos 1113 Jo. aad Jolt - -
limbed IRE 05010...... 111611631r.tatd .- .
c.. 407. ........ may Jul. me lab 78 E
=1 wow 1075
e 1"pla:10".- TT 0
t wow.
ii4i. .... .. 1550 Karat KW IT 119.
4-c,..-- 12 =gat. i 01
Kw Toot 7 We
tom
JC =SI Ei .. ... . . 1934 resetineele 01 S 4
NM par
s2.l4rarkwein.i. leee 11.71•41fim 79 10
N..oBntilaWl ii.... 1883 Karth I Owl 618 $O4
.r. - 1863 Jsa. sad July 17 79
KolCrrsek T SE
OsaLodeldislowl .... 1878 lab. sad non 81 83
lug.. id. .4"". wa .1 sad Dee. -
DIA 611.:tIll . Gr...... lla Aprlllo 064.111 .. -
pownwrisa On. 8 wee
wetibla u1ra?..%7!: IEO J..... 1 a.O a st
Tenders will be received by the Admiralty, on the
2nd of June, for the conveyance of 300 tons of stores
and 40 tons of army provisions from the River
Thames to St. Helena.
The Admiralty have accepted the undermentioned
ships for the conveyance of stores, viz. ; the Snake,
for East Loudon; and the Panthea, for Montreal.
The following vessels are to be surveyed for the
conveyance of troops, viz.: the Captain Cook and
the Medina, for Colombo ; and the Dement. for St.
Helena. The Medway is also to be surveyed for the
conveyance of stores to Barbadoes.

” 17

TAVRADAY EVIRIWO.

The funds opened this morning with increased
firmness, and at one period an advance of Ito I per
cent. was established. The infirm of gold into the
Bank of England, and the improvement in the poi-
, Lion of the Bank of France, are regarded with „rest
satisfaction. Towards the middle of the day, how-
ever, it transpired that the Chinese exchanges come
decidedly worse, and an immediate relapse ensued.
At the close of the Stock Exchange Console were
quoted scarcely so good as they left off yesterday.
Despite the release of new notes against the
gold purchased by the Bank of England, the
stringency of the money market remains unrelieved.
In the Stock Exchange no presence was experienced,
loans for short periods being obtainable at 6 to 61
per cent. on government securities ; but in the dis-
count market considerable tightness prevailed, and
in most quarters the rates are somewhat above those
of the Bank.
Consols, which closed yesterday at 94 for the 4th
June, opened this morning at 94 to 4, advanced to
94 3-16 to 3, and had fallen at the close of the Stock
Exchange to 931 to 94. After 4 o'clock the price was
quoted exactly 94 for June, and 93j to 94 for cash.