The Express.
London, England, 1857-07-29 00:00:00

181IL__

MONEY MARI:RT.-THIS DAT.

Two o'CLocw.

The funds having been exceptionally depressed
yesterday, the news from India, though sufficiently
grave, has imparted a feeling of relief, and pica,
exhibit a recovery of about 1 per cent. The other
Stock Exchange markets are also rather firmer.
Consols were first marked 911 for the 6th August,
and are now quoted 011, " buyers." For
money the present price is 91 to 1. The Three
per Cents. Reduced have been dealt in at 911
to / ; the New Three per Cents., at 911 to 1
Exchequer Bills, at ss. to Is die. ; Exchequer
Bonds, 1859, at 981; and India Bonds, at 23e. dis.
Turkish Six per Cents. exhibit a rally, being
marked 941 sad 941 for money, and 941 and 95 for
the new account (14th August). Other foreign
stocks are quiet. The sales are limited to Dutch
Four per Cent. Certificates, at 98 ; Mexican, at
221; Peruvian Four and a-Half per Cents. at 811;
do., Three per Cents. at 551 ; Sardinian Bonds at
89 to 891; and Spanish Deferred Three per Cents.
at 25. _

-- ---
In the Stock Exchange yesterday there was more
demand for money, and in the discount market the
demand was very active, at full rates. The 4th of
August is now approaching; money is wanted for
harvest purposes ; gold continues to leave the
Bank, in payment for the large muses of
silver required for the East; and this move-
' meat is at laugh affecting the Continental ex-
changes. Meanwhile the supplies of gold from
the United States are diminishing. All these
considerations involve a check, though, perhaps,
only a temporary one, to the more favourable ten-
dency recently presented by the money market.
Any considerable arrivals of gold from Australia
would thus be very opportune.
At least 30,0001. in gold is known to have been
taken from the Bank yesterday to pay for silver
drawn from the Continent.

---- ---
The imports of Continental silver intended for
remittance to the East continue N ery heavy. The
steamer Albion has arrived in the Thames
from Boulogne, and the Clarence from Antwerp.
These two vessels bring a total of 124 boxes and 35
bags, representing an estimated value of about
120,0001.
It is still thought that the Ripon on the 4th
August will take out about one mtllion sterling in
silver, the sum now engaged being about 900,0001.
Of the 61,300/. in specie brought by the Niagsira.
from New York only about 12,0001, came to London.
This amount was at once taken for remittance to the
Continent.
The supply of bar silver ex the Orinoco remains
on sale.
A condueta with about 400,0001. in silver arrived
at Vera Crux at the latter end of June.
On 'Change yesterday afternoon the rates for bills
on most Continental places were quoted rather less fa-
vourable for this countrT. As regards paper on
Hamburg, and short bills on Paris, the alteration
was trifling. The current quotations are shown
below, viz. :
Anssierdam, three months, 11.191 to t ; ditto, short,
11.17 to t Rotterdam, three months, 11.19 Let ; Ant-
weep end Brussels, three months, 25.32 t to 7 ; Hamburg,
three months, 13.8 t to I ; Parte, three mon 25.574 to
824 ; ditto, short, 25.24 to 74 ; Marseilles, three months.
25.60 to 24; Frankfort-on•the-Maine, three months, 1191
to 4 ; Petersburg, three months, 361 to I ; Vienna, three
months, 10.29 to 31 ; Trieste, three months, 10.30 to 2 ;
Naples, three months, 424 to ; Genoa, three months, 25.75
to 80 ; Leghorn, three months, 29.874 to 92t ; Palermo, three
months, 127 to 4 ; Messina, three months, 1274 to 128 :
Madrid, three months, 484 to 4 ; Cadiz, three months, 494
to f : °Porto, three months, 624 to t ; Lisbon, three
months, 624 to 4.
The Melbourne papers recently received give de-
tails of the amount of gold shipped by, and the date
of sailing of, each of the vessels already referred to
as being on the way to this country from Melbourne.
Subjoined are the particulars :
Sae& No. of days Gold on board.
Nome. at see. Oz.
Great Britain (a ) May 20 69 days 101,647
Swiftsure
May

LtlBhtainngg
9 89 deje 32,868Indomitablo (s.)
Sumer Cloud „ May 11 78 days 7,961
Sardinian

Total =Nes

The value of the above is about 1,055,6001.
The market for sugar yesterday was firmer, at an
advance of about 6d per cwt. over last Friday's
rates.
The Jupiter has arrived from Hong Kong.
The Great Northern Railway Company advertise
the details of their arrangements for the carriage of
goods direct to Manchester, Ashton, Staley-Bridge,
and places on the Nlanchester,Sheffield, and Lincoln-
shire Railway.
We understand that the arrangements for an
amalgamation between the.Oude and Central Oude
Railway Companies have been completed.
The Lake Ontario and Hudson River Railroad
Company invite applications in England for an issue
of 600,0001. in bonds, bearing interest at 7 per cent.
These form part of a total of 800,0001., of which
200,0001. has been taken amongst the shareholders.
These bonds fall due in 1879, carry a right for five
years of conversion into stock, and arc offered at
par. The total share capital of the company is
1,250,0001. of this, 1,020,0001. has already been
allotted, and a payment of 10 per cent. made upon it.
With reference to the market for American rail-
way securities, Mr. E. F. Satterthwaite reports
follows

Transactions in American securities in London dining the
put week have been on a limited scale.
We note a moderate inquiry for the abates and bonds of
the trio Railroad. Illinois Central shares have also been
done to some extent from 17 to 171 premium. Construction
bonds, which are reported se very scare In New York, are
offered here at 90, but only in small quantities.

TUESDAY EVENING.

The stock markets to-day were greatly agitated,
and closed with rather severe depression. In the
morning a fair degree of steadiness was shown, but
about noon large sales were pressed by operators
who are reputed to possess good French information.
The market quickly crumbled away, and the funds
sustained a total reduction of about I per cent.,
from which there was no recovery up to the close.
As usual in times of excitement, a variety
of sinister rumours were briskly bandied about both
within and without the Stock Exchange. Amongst
the most extensive sellers were 601110 of the Greek
houses, and the amount of speculative stock absorbed
sa this afternoon by the market at and about the price
of nin most have been exceedingly heavy. In the
earlier part of the day there were some bona /We pur-
chases in the funds, but the support thus afforded
was merely momentary.
In the North-German markets the price of Rus-
.

sign stock retains an upward tendency.
Consols, which at four o'clock yesterday were
quoted 911, " sellers," for the 6th August, showed
steadiness this morning, standing for some time at
about 911. Some large sellers coming forward, and
the adverse reports referral to above finding general
circulation, the price suddenly declined to 911, and
thence to 901 to 91, which was the quotation current
at the close. At one moment stock was even
offered at 901. For money the last price was 90,1 to
4. The official business report is as follows :
Three per Cent. Consols, for money, 911, 911, 91,
901, 91; ditto. for account, 6th August, 911,
901, 911; Three per Cent. Reduced, 911, ; New
Three per Cents., 911, 1,1, ; Long Annuities,
expiring in January, 1860, 2 7-16, 2 9.16; Bank
Stock, 215, 2161; India Stock, 214; Three-and-a-
Half per Cent. Exchequer Bonds, falling payable in
1858, 981, 1.
Exchequer Bills maintained their improved quo-
tation of ss. to is. die. India Bonds were marked
255. to 21)s. die.
Turkish Six per Cents. were pressed for sale to-
day, and were marked as low as 931; the closing
quotation was 931 to 141, being- 1 per cent. below
that of yesterday. The Guaranteed Four per Cents.
also declined 3 per cent., leaving off at 101; to