The Express.
London, England, 1861-02-14 00:00:00

THE EXPRESS, THURSDAY EVENING, FEBRUARY 14, 1861.

OCILONILL 001

amain. 6 p.c.JoaA6JuL
Do. 6 per eenC, ..
Do. 6 per cent. 1811 ..
Do. 6 percent., 1661 .
Do. 6 per et. YeLeAsi.
Do. 6per et. bler.dellep.
Do. 6 per coot.
Do. do.
Cog ofollopeep.ctlB6o,
do. DSBO,
New Bronsiceov.6 p.et.
N. & Wake Giv. 6p
Do. p. 0., 1171 MCI
Do. I p.
Nora boils I p. at Big. I
Dols. rodeos. 1876
& And. Gov. 0 p. a. Bonds
Vie. Gi. Op. e. J so.& July
Do. do. Op. a. Am SOW

BRITISH MI2II

!Alfred Cana (PIIIII,
IBr.ittsklzon

;Dee. G. Con. Anstalt.)
'Fast Basset (Mops)
ipurt Caradon

& Wit Bowl (Tartan.)
On abler & Bt. &ohm
Great South Tofu
Alfred (PhWesh)
0. Wh. Vor (Nekton)
Grenville

111,rod7rloot:..

Downs
1""h,
=Downsy Want).
N. Itasca pagan)
N. WIL Bar& (11bpa;
North Wheal Crotty .
Per Cam (si. Slam) .
Providence (U. Latent).
Serarldirt Com Ma co
Cerairs Carir)
Cara Brat (Moira)
Dona & Ora
Midas (Lim.
W. lama (larva)
Park

Inn l
--Coi—
Vale oil T (Cora)
WINS W111147=.
W. Cando. i
Weat Metes _

. Buller
WWhh. TA (CaMal)
Wh. lug
Mary (Un. Ware)
Wheal
Meehanlot)
Mr. Tr*lawney (Llak

1011ZON

MOIIIL

.1110

Isar 100
1110 U 2
11001 101

Idiom
74 43.
641
113
13 9.6

'its
IL Us.
mesa
Lill

laui.a
4
aka r.

isra.s.
114.5.0.

al
r
211

Don Accord, Limited
(Mat6Lpm )
Do. at. John del
Do. Land th Min. Co
Cla.Con. Min. Co. Jaa
Cob,* Copper
CoOleOo
Dun Mountain Copper
Fortuna
General
Gt. Northern
AustralinC=
Upends (Lim)
Linares
Ltudtenlan
N. ti..
Ma
at
Anstralle‘liZ 8
)
Poole baud Silteriaed
Peet Phillip
iloottlel Austin. (Lirn )
thetted Mexican
Wortldng (Lim.)
Do.

JUDI! STOCK

11,111 L

ear. Back .1

irsisaTaal- n. ---
Beak of Wis
Bank at
Bank at Starkey
'kW& N. Amorks
Clark Bank of India,
itastralia, and Chin.
Oirtrd. Mere. of bad;
,„rica.. and China

at, -
Colonial
Coca. of Calmla ......

Com. of London
Lag. BooLdeAusLehart4
0. Bank of Switzerland
Lon. Ch. Bout of Atietzi
London and County
London Joint Stock
London & South African
Lon. and Wettnil
Nat. Prot. of England
80. New

National Bank
New South Wales
lOriental hank Corpont
Ottoman Bank
Provinetalot Ireland

New••••

South Australia
Uslos at Australis
.

iiiiieli a lAiidoa •• • •
VW. MOW

11P411111d.

Mint..

Aagio-Mesdaus
Amtrak= Aerical
Nein Waterworks
DAL Americus Land
Mkt Irish Mag. Tel. A
Do. it 7 pm e. till no
Do. C

cien.
Caned; land
Channel Islands TeL (L)
Ccto.Mgel.firpeArSmceenitt:
CVPalace 1
.. .reference
Do. Op. ct. Peep. Deb
Eastlndia! min 4 Canal
itectric Telegraph
Do. New
Sag. and Anat. Cop.
Steam Navigation
Cloud Ms, (Limited) —)
TeL g..
Len. Do. 17+ per cent. M). g
District .
London Discount (L)
Lou. Oen. Omnibus 0o
Madras !reign. I Canal
Meditereesseenlise.TeL
)(editor. Ix TeL (Ita)
National Dumont Co
NerbuddaCoalithon(L)
Netherlands Land ~

e7,17.741;1i5:1
N. Brum It N. Scot. Id
N. Brit. Australasian..
.

OrbnW Or

lee Do. "New Illarte ' ..
en. In. IR= (Iko.)• •
Peel River Lind & lillL
Nola and Origin Item

SO Da. New
le lad Sae a Ind. S.I. 44
t O. 4....2........4.50ye. by /a. Gov
se Ina
IS -.3e.reair
lR MO loyal Mall llama

let 18

0
lOU.

10 11
12 12

ni la

M r 4

_ Aust. Invedo.
Australian Lai
_ulna Tel Scrip
Do. do. Registered
Do. do.
t Lo. Co. Up. Can
Yea Dlawsn's

-St -li

14 lee

MONEY MARKE2.-(THIS DAY.)

RISE IN THE BANK RATE OF DISCOUNT.

Two o'CLoca.

The directors of the Bank of England, at their
weekly court to-day, have raised the minimum
rate of discount from 7to 8 per cent. The step
was not generally expected and has attracted
great attention.

The funds opened this morning with a quiet but
steady appearance. The news of the capitulation
of Gaeta produced a good effect. The announce-
ment of the movement at the Bank led to
an immediate fall. Prices are now quoted per
cent. lower than they closed yesterday. In the
share markets the Bank action has also been fol-
lowed by general decline.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Rentes were
quoted at 68fr. 30c., being h per cent. lower than
yesterday. The telegram states that the " Bourse
is fiat, in consequence of the decline in London."

The scrip of the new Indian loan is officially
marked 1004 and 100}.
Console are marked 91i, 92, 91j, and 914 for
money, and 92} and 92 for the account. The
present quotations are 914 to I for cash, and 911,
" buyers," for the 7th of March. The official
business report is as follows :—Bank Stock, 235,
2341; Three per Cents. Reduced, 91i, 92,
914, ; New Three per Cents., 92, 914, 92,
914 ; New Three-and-a-Half per Centa., 101 ;
India Five per Cent. Stock. 100 i, 1; ditto
scrip, 1004, ; Five-and-a-Half per Cent.
" enfaced" rupee paper, 1011, ; Exchequer Bills,
24. dis., 2s. prem., 3s. dis.

Mexican Bonds continue in demand, and show
a slight improvement ou the closing quo-
tation of yesterday. Spanish Bonds also con-
tinue to attract attention. The Turkish
Loan of 1858, after being marked oat, has relapsed
to 551 to 56. Sales are recorded as follows :
Brazilian Four-and-a-Half per Cents., 1860, 851 ;
Mexican Three per Cents., 241, 11; ditto
for account, 2411, 1,1; Portuguese Three per
Cents., 1856, 1857, and 1859, 461; Russian
Three per Ceuta., 1859, 61i, 1 ; Spanish New
Deferred Three per Cents., 401 ; ditto, for account,
41 ; ditto Passive, 19, ; the Committee's Certifi-
cates, 61, 1 ; Turkish Six per Cents., 1858, 56 ;
ditto for account, 561, 1; Venezuela Three per
Cents., for account, 21i.

The following statement (the accuracy of which
may be depended upon), relative to the amount due
to-morrow on the New Indian Loan, will be
found interesting. It will be seen that the net
sum due to-morrow is just half a million. Pay-
ments in advance will, no doubt, soon commence,
notwithstanding the high value of money. Yester-
day some 200,0001. of surplus deposits on the ten-
ders for the Loan were released :
3,000,0001. at the various prices as
oepted, produces in cash £2,961,655 18 4
Deduct 801. per oent. to be paid m
2nd, 3rd, and 4th instalments

Leaves 1:661,665 18 4
Less 21. per cent. deposit paid on
banding in tenders

Amount of Ist instalment due 15th
February

The average price at which the Indian Loan of
3,000,0001. has been taken is exactly 981. 14s. 51d.
This fact tends to confirm the general im-
pression that, in fixing his minimum at
98i, instead of the more judicious price
of 98, the Indian Secretary incurred a certain risk.
The average price would have been a good deal
lower had not Messrs. Rothschild assisted the
operation to the extent of a million at 981. 155.—a
tender of a wholesale character which could not
have been safely reckoned upon. In most loan
operations there is an indisposition to allow a suf-
ficient margin of profit to the subscriber. This is
a very shortsighted policy, particularly if the bor-
rower is likely to come again.
It is understood that the coming dividend on the
Turkish Loan of 1858 will be advertised in due
course. This confirms the intimation given yoi-
terday.
The Spanish Coupon Certificates were inquired
for, and were marked 6 and 54. It is believed that
negotiations for the settlement of these claims will
be speedily resumed, under promising auspices.
About 59,0001. in Australian gold was taken to
the Bank yesterday. 35,000/. has been bought for
Spain. The Tagus, from Lisbon, has brought
7,295/. in silver.
The Edinburgh, which sailed yesterday for New
York, took 44,0001. in specie.
. .

The shipments of gold from Melbourne to India
and China may account in some measure for the
falling off in the remittances to this country.
Owing to the absence of orders from China,
Mexican dollars continue very flat, and the supply
by the last packet will, it is anticipated, be sold at
a fresh reduction in price. This coin seems likely
to recede to a rate equivalent to the value of the
silver contained in it.

In the Liverpool cotton market yesterday there
were some large offers at low rates. The sales were
limited to 5,000 bales. Prices may be considered
kl. to id. per lb. below last Friday's rates.
This movement does not denote anxiety with re-
gard either to the course of politics in America or
the prospects of the cotton supply.
The Sydney advioes report the failure of Messrs.
Mitchell and Co., merchants and slip chandlers,
with liabilities estimated at 40,000/, and assets at
37,000/... . . . . .

'The dividend proposed by the directors of the
London and North Western Railway Company was
officially announced last evening, but too late to be
posted up in the Stock Exchange. It is at the
rate of 5,1 per cent. per annum, with a surplus of
about 27,000/. The balance brought into the ac-
count was 12,808/. For the corresponding period
of 1859 the dividend paid was likewise at the rate
of 51 per cent. per annum, 10,8711. being carried
forward, and 9,2371. brought in.
The London and North Western Railway traffic
return shows this week an increase of 1,629/. ; the
London and South Western an increase of 7621. ;
the Great Northern an increase of 1,7321. ; and
the Great Western an increase of 2,145/. The
Lancashire and Yorkshire Company's return will,
it is reported, show an increase of over 2,000/.
Subjoined are the quotations of insurance, gas,
dock, and other shares, as given in the last
Stack Exchange lit :
Insurance—Alliance Marine, 60; Atlas, 134 ; Crown, ^l4;
Globe, 1004 ; Guardian, 504 51; Law Irue, 44 ; Liver-
pool and London Fire and Life,. 9 ; London, 47.; London
and Provincial Marine, 24 ; Marine, 95, 96 ; Ocean Marine,
14 name and Mersey Marine, 24, >d ; Universal
34.
Gas—European, 114 ; Great Central, 104 ; Imperial Now,
534 ; Loudon, 60; Western, 16, A.
Docks—London, 564, Southampton. 59, 4.
Waterworks— lierlin 44', ; Grand Junction, 73 ex all ;
West Middlesex, 1034;104.
Csash—Birmingham, 93 ; Grand Junction, 60.

With reference to the market for American secu-
rities, Mr. E. F. Satterthwaite reports as follows :
The market for American securities in London continues
very dull ; the demand for Federal and States Stocks has
almost ceased. For railroad bonds there is only a very
limited inquiry, which is confined to Illinois Constntetioo
and Erie Third Mortgage. A moderate business has been
doing in Illinois and Erie shares at somewhat improved
rates, but they close fiat at 28 discount and 30 ptr share
respectively.
The following is a weekly report on the market
for hides and leather :
• "

The leather trade continues without any material alters.
tine. The supplies of fresh goods were increased on Toes-
-4a y. The demand for good middle weight and heavy Eng-
lish butts continued, and there was considerable inquiry fur
very thick foreign butte. Common dressing hides, good, tight,
atd medium weight calf skims, and prime light shaved hides
were also in fair request ; prices unaltered. Market bidts
remain at previous quotations. The transactions is brews

Eiden since the public sales of the 7th consist of about I,BW
salted River Plate bides, and 2,000 Australian, at previous
rates.

With reference to the indigo trade, Diessrs.
Layton, Hulbert, and Co., state as follows :
As is usual at the approach of a quarterly We, the trade
are occupied in the examination of the indigo, and the
market laminass la confined to small purchases for present
sold
use. Thu sales beginning on the 12th instant comprise
6,779 cheat., 2,200 of which are Kurpah and Madras. In
the catalogues appear several marks of Bengal that have
been more once, and many of them at prices
which justify the expectation that they will be withdrawn.
The prospects of production in Bengal and Tirhoot were
never less encouraging than at the date of the last lettere
from Calcutta-4th January ; and the accounts from Ma-
dras represent the crop of that presidency as deficient.

WICMIZZDAY Evernio.
Console, which closed yesterday at 921 to 1 for
the 7th Mare', opened this morning at the same
quotation. rose to 921 to 1, and closed at 924,
buyeri." For money the lamt price was 914 to
92. The official business report is as follows :
—Three per Cent. Console, for money, 911, 924
ditto, for account (March 7), 924.. ii tThree
per Ceuta. Reduced, 914, 92 ; New Tee23gr
Cents., 91i, 921 ; Bank Stock, 233, 2341,
235 ; India Stook, 221 ; ditto Five per Cent.
Stock, 1001, 4,1, ; ditto Scrip, 1004, 101,
100 ; ditto Four per Cent. Debentures, 1858,
951 ; ditto, 1859, 954 ; Five per Cent. enfaced"
per, 951 ; ditto Five-and-a-Half per Cent.,
r 1017,31, pa
101.
The scrip of the New Indian Loan, after being
dolt in at 101, closed at 1001 to 1.
The Five per Cent. rupee paper has declined to
941 to 954 ; and the Five-and-a-Half per Cent, to
1001
Bank Stock was in demand, and improved, being
last marked 235.

Exchequer Bills hare risen to 2s, die. to 23.
prem., notwithstanding the demand for money.
In the morning Mexican Bonds were in great
demand, owing to the encouraging character of
Lord John Rumell's remarks m the House of
Commons last night. The price rose ft to ft per
cent., touching 24 to I. In the afternoon, in
sympathy with the general heaviness of the stock
market., there was a relapse to 241 to k for the
new account. Turkish Bonds were .toady in the
morning, but left off,/ per cent. lower than yester-
day—the Loan of 1854 at 69 to 70, and that of 1858
at 54 to 56. Spanish Passive Bonds hays expe-
rienced a fresh rise.

Bank shares to-day were steady. Bank of Lon-
don are quoted lower in this evening's list, but
the price sent out is understood to be incorrect.
Canada Land shares were inquire for, whilst Red
Sea Telegraph and Peel River Land were more
offered. The shares of the Trust and Loan Com-
pany of IJpper Canada were marked 2i and 2 prem.
Canada Government Six per Cents. continue is
demand.

The closing quotations for shares in new under-
takings to-day were as follow :—Ocean Marine In-
surance, 2} to 1 prem. ; Thames and Mersey Marine,
to prem.; Universal Marine Insurance 1 3-16
to 5.16 prem. ; London and Provincial Marine,
par to pre:n. ; East India Irrigation, Ito k
dia ; East India and London Shipping, to j
prem. ; India Cotton, to j prem.