The Press. — London, England, 1853-11-05 00:00:00

1). D. liethy (1451), to the Juno, 211, at Chatham ; Willlaw lidward Rrinktuati (1ett:1), to the Freak ; J14113e11 T. Pringle (It•b2), to the Princes. Ro;r•l; Aletander D. Norie (1851), to the JUNO. 4s. Second Meetere--hieorg.t I►. Perry, to the Prioseess Royal; Antrurtite 0. Whicliclo (0546), to the Royal George; Edwin wise. b Use bietPOlONti, StA. hiirerll4.llll; 11. W. 81tort, to the St. George; John M. Prhllieut, vs the Hi lemon, 8, sere*, Woolwich. Ma'st.•r II Attendant—R. T. N. Poiret., to the Frolic. Aaeirtatat Engineer's—Jaunt* 'furtier and Chalks Roebuck, to the Ihnpil Grorise, Acting k'uwt•elewe Eugitieer—Jotwpli Deal, to the R(deeton. Thi►d•rla'sr Alswirtaiii•Engiutter--0. F. Rooth, to the itirleninn; John Invlicll, to thu Terrible. Ilishilninuees-11. It. Grata, A. M. Norman, and James 8. Murrod. to the R.•yul tooroe; 0..1. J.:natant, to the Ft olic ; Wil -I=l Ctuirlistiosti , to the I:xi-Meal ; end ti. Holster, to the Ajax, *crew *tests ship, at Queewehowei. Naval Valeta—N. It. !Width, to the ft.. f aa ocorge; P. Maddock, to Use Juno. Clerks. --Edward W. Ottrdon (1/451), to the Folk ; Edmund A. Rowe (Iwiti), lotto. Monarch ; Herbert (Iwtw), to the Piegard, flagothip, at Woolwich; ('. W. Motherwell sod W. .1. trouterforti, to the Algol dieorge ; William 'l•hom (la4h), to the Joao ; Edward S. Cooke (184 W), and Ilene• C. Davy (11 4 511), to ►bs Priswess Ate.iatent-8. ti. Itobiwion, t.. the tr..yar George. ruoMoTtu7o 4 . Mr. Samuel Stone to be Fir..t.rlerm A 4 aslant •Eogitseer of the Poke of Weithooloo, o‘erew. et 1'0%1..1 ..... Mr. riu•phru A. II erne, %rr.nul•rlese A ii%l.tatit- Engineer, lute of qle iph•riii.r, etee111•rloop 4411141. Altethtellt• Ettg.lieer. *ll.l up l l. d n t r d t. , the . Terrihie, poddlo•wL.•rl steam & i tt atc fur on th.• Me.lit..rreneen stet lois. Mr. Itenry JOUP4 ibt, n 14.011114 Asrietelll•F:mGimrrr, to Wuoirtieli °Moony. William It. Fur.tur, I. • tete of the Plurmix, to be Acting (Wisner. Witham Elliott, esolker, htte of the Me 10.% to he Arthot Commuter. Mr. West, Third•clww Ilioutsesihi, t•o he `►.•.•.nnl•rlrry, for meritorious rrr►irrr mei g.Mnl eonilitet uu 1111.4 ....am,. 44 Aft tem. Jompis Na., to be Aeting nonce %Witt and City clattllipta. FRIDAY E%NN IMO. WE mentioned last week that the raising the rate of interoat on Exchequer Bills would allow the (iovern nu•nt to dispose of a sufficient quantity in the mar ket, and thereby enable then► to provide funds for the payment of Ole SiMill Sea dissentients. This view of the ca4e has been full)• continued thie week by an atmouuu•etnent on the part of the tiovernment that they are willing, through the Bank of England, to disc ount the Anima of the hoblent of these stoeks at the rate 111 .4 per cent. !ter annum. Practically slwaki,i , ahlitatgh this announcement had the effect of raising the price of Consols neatly •2 per cent., it will prove of very little use, t e a• this simple reason, that parties holding the stoek can borrow money on it in the Stock Exchange at °beeper rate than the discount charged by the Hank. We have for some time past been drawing the attention of the public to the extraionf y seereity of stock which existed, and the rise which was likely to ensue in the absence of any political event, short of actual war, in which England herself should be engaged. This view of the market has been fully realised during the present week, and Consols, since we last went, to press, have risen fully 2 per cent., purchases having been made at 95i. The rise may he entirely attributed to the scarcity of stock, for, actual hostilities having commenced be tweet' Turkey and Russia, the political aspect cannot be said to have ameliorated ; bat the price of Con sul:, like that of every other tmmuslity, is regulated by the laws of supply and demand, and the future action of the market will depend on this. The price of US has brought stock to market, and it, hi sery probable that stock will be sold by bankers and others in the present uncertain aspect of attsirs, especially if bills of exchange can be obtained at even 4 per cent. for discount. This view of the Money Market is still further eonfirmed by the certain y of a demand for money on the part of the Continent for loans, railways, e. It is also probable that we shall require a large quantity of corn ; indeed, the question of the inipor. laden of corn is the most serious we have to contend with, lei far as the Money Market. is eouvertlei t The Government would do well, therefore, not to tamper too much with the balances of the Treasury in the Bank of England, fur sntficient injury has already been ietlieted on the commercial world by Mr. Glad *tone's mistaken views of the Money Market ; and it is quite a new idea for a Chancellor of the Exche quer to become a jobber in money, An d a b u y e r an d seller 14 Government securities—tirst reducing the rate of interest so low that. Exchequer Bills will not float ; then employing the balances in the Exchequer to pay them off ; then, when they fall to • discount, s e lling savings-bank stock to sustain them ; then, when he finds that this operation tends to frightfully depreciate the funds, raising the interest on Ex chequer Bills nearly double ; then, when he has, by this operation, floated them at a premium, and ie enabled to sell them in the sierket, and makes his balance at the Bank respectable, ho thinks he will do a little in the discuunting way by offering to discount the claims of the holders of South Sea Stock at * pee tent. THE PRESS. All this would be very well for a money-jobber, but it hardly is compatible with the Chancellor of the Exchequer of England; besides, for his blunders the public have unfortunately to pay,—and, to say the least of it, these operations tend to lessen the resources of the Bank of England, so far as the ac commodation to the public is concerned, for the Bank cannot employ as heretofore the Government balances for the accommodation of the publi-, when they may be called on by the Government itself for their balances for some fanciful operation. Consols cicso this afternoon Oft } for the ac. count, and 04} to it money. Stock still continues very scarce, and bears per cent. premium. So long as this lasts money must continue abundant. The exchanges are much the same, and the Corn Market is is. lower, and flat in appearance. Exchequer Bills arc '2 to 5 premium. About 504,000 r., principally in silver, has been shipped during the week for India and China. FOREIGN FUNDS. All foreign fillets are higher this week, especially Pernvian and Mexican. The intelligenee of remittances for the amount required to pay a di% Wend of 1 i per eent. ou Mexican k confirmed, and the dividend will shortly be advertised. We regret, however, that this operation has been effected by pledging the forihemning duties belonging to the bondholders. Mr. Faleonnet is expected by the next packet ; and wo hope to hear that he ha• made those ar rangement% before he leaves Mexico that will at lesat secure the bondholders their 15 per cent, of the duties, whatever they may be. RAI AYS. Railway shares have improved, espeeially Great Nteibent. The it improvement would have been greeter were it not feared that the strikes in the manufacturing districts and the checks which have been given to trade will tend to lessen the traffic receipts. Stock of mast desoiptions is scarce, and the pub lic continue to invest. 1" tench shares are more abundant. Bellow will be tI un l the closing toast' s. PHIC 1. 1 ,s CURRENT. BRITISH FUNDS. Closing Prices. ttlericlAl. QUOTATION. Mond. rr Cent. Colmar .... 93 4 Ibitto for Are t . 99 1 3 per Cent.. Heaney.' 111 .1i 111 per 'rittx Lout; . • lem '5 5.11 1 Hullk Sto..k, 7 per I'vtit WM* titock. We per 110.1 247 Is. MIN, 'A. per 1ii..111 1 , I pin India 1t0n414. (1,000) II di. BANK OF ENGLAND. Wed. illiotra. , Prat!. :131 1 I 1 91 24 1 1 I 6 214 .41 24$ P p P9ardi n & 94 :041 fl 41 Pli 914 1 931 P 4 - mg 6 66 .1 . 11 I 216 2 3 1 1 6 .: 1 1 . 1 1. 216 491 - L. par, 2 .1 p I 2pm Au Ae t, pitman' It, the .'•.•t 7111 uud ill Vi c tor' ' ', ca p. for the week cLIII . IIIV, on Splitillay, the 21Iii Joky of °et., 1143. I ss IMPARTMLNT. Notes kstiett i.!,:.r.bm,sso Governm ..ement DOA. Cl 2 ,9,015.00 Other 4itiepo M4,9nn (10111 Coin A Bullion 11,64: 4 .1 4 50 Silver Bullion 22A,tint., M) BANKING DIPARTMENT. Prrrirt"ts'espital i14,543,01w0 s ee n. rio-t 1.111.1i0 1,625,g01 .%ti.) £11,494,142 Mho I 1t,321, 0 17+ 4 iillirr Securities .. Ser..ti It.iv A olier 5,1;71,b01) 11111+ 1,457,396 liohl Sr. Silver l'oin G 11,834 4:2P4,;;58,t450 t:17,3:1, ( .V:0,037,470 • to. P4oViioPt l'om . oitritoloro of Nalioilel I). 1 , 1 wud !OR oici ACC iiiii FOREIGN RAILWAYS. Iforolley:Toirstruty 111'nInes. Antw.k notteratim' 3 *2 .Ip.i I 3 2.114 Beitirres to 6essi , .. 4 2 ili 1 1 la Belgian Pam •liiiie 11# 1 I I}' 2 14 Charleroi & Erque. 1 2 d 1 Dijon & Itcsaiteon I t 2f p 1 2 / I' Disk+ Menial% 2l 2f .lis 12 24 .11% Fast Indian ;.1 :If p 1 • 3 IP Do. Extension ld 1 „ it.l i .. 01. Indian I'enin 1 i 1 „ 1 1 I 2 Il o tirandJunc.of Fra II 8 .. 1 01.Wt.oft'ima.,Sh ilf 1; kits I'4 4 a ~ 1utii.(2,11..)11 TAMIL& Pk. 51)011 • 1 dia Luxembourg I f Lyons& Mediterra I'n Madras 1 I It p Marla Antonia I Nenc& Lge.(wiliin: Of Ti NorthernofFran..c: 341 f Nor% ...Trunk Pref 1 1 8f Park •t Lyons •• • • lii i l' Park ,t Delould ... Paris •i: Rouen • 11 41 Paris & Strasbourg 36 f il P ir., Caen ,t• Cherli. 3 4 p Quebe•:&llleliiiind.Cl 1 dis Rouen & Havre ll4 91 Royal Swedish I Of die Satuhr...t Menge ) 8 k sth. East. of France i a i gouthon. of France' 9 4p ripe •In Tian Scrip' West Flanders 3 4 Weitem of Francel 8 • r i Reim. of snitser. l f 01 dkl I Zealand ' 4 i ' I I die P 4 8i Pal 11” A t 1 7k ' 'lll 6 pi 77iurs. jFri4l ty. .1 digit 11 3 Id 1d 1! 1 14 f. Ili 14 2 2 1 ts I St T; 5 4 1)44 3 1' 1 4 1 fd 1 'Us die $4 ^1 $4 pm. pm I 11 111 14 pm ri 171 $ 3 311 331 . 41 1 s 71 31 )1161 1r Id 14, 39 41 :NI ci t 1 1 ensp al Si 0 1 all 8 Ite it P 2 1 4 31 41 311 41 34;i 3(4 3111 41' 2 4 • ldlo 3 1 di, loi . 12 13 121 11 of fio/a dpa • 81 d Tar Tiv 344 31 44 71 81i 11 4 r Mr 1 die I 1 3 die II as • p le I , linl gds Belgian 44pCLI Dim 2i Brazilian S lb). New 4i 1 1 .h tt il et i l s o: Ay re G I z lianiish 1 .. Inno $ (E 419 Gel )11 Ditto 4 -- Frond' 8 -- Do - _ Do. Rank Stork Granada Deferred Mexican S Do. Account 3 Peruvian 44 Peruvian Scrip.... Portuguese 4 Ditto 4l -- Sardinian 6 -- Spanish 3 -- Do. New Deferred 3 Diu) (Pasittre) itinuela 3l RAILWAY 6--• Aberttoen_ . Atnberg., Nottng., I & East Junction . nt (dr.& Stour V aid Itirk.,Lan.& Chea..lunc Do. Ches. it Birk , b 01.& 2fif C. V. do. 2W. Bristol and Exeter Caledonian Chester and liolyheat cork and Bandon Dublin k Belfast June. D lee, Perth, it Aber. dery Junction East Anol ion Eaatoni Union Lam. Lancashire E..a W. I. Dks.& liir.Ju. Edinburgh it Manus 11111 l ties . Etinbrali., Perth, Dunti. Great Northern sth. anti WO. of Ire. Great Western II 11l and Selby Irish South-Eastern Lancashire& Yorkshire Lancaster and Caritas Seeds Northern Lon., Tilbury, &Sthene Lou., Brighton, ke London and Blackwall I 111.11s11 and Nrth-West. Lontlndrry. & Colorant Lontitarry. it Enusklin., NI shef.,& Do. !tint.. tool Derb y Newmarket NOWli.,Abei.& Ileref , we Newry and Enniskillen New., W artipitt.,& Hos Nr.efolk Nrthru. Counties Union North British North Devon North Staffordshire. NortleW cistern N.& S th..Weatt•rn June Oxf., Wrestr., and Wol‘ Scottish Central Scottish Midland . Shrewsbury & Binning Shrewsbury & lierefort Shrew shiny & Cheste. Shropshire Union South I texi South-Eastern and Dor Sotith•Westerit South Wales Silt. Yorksh. & Itie. Dui Stockton it Thut i4.hav en I) k.A: Rail. Vale of Neatli Waterford & linkman Waterford & Limeriel West Cornwall Wimbledon & Croydin Woodford York, Neste., AIM !let York and Nutli dlidlaut DA :KS Amstralasialt Chartered Bank of Ash Ch Bank of India, Aus train, it China Eng. seteh & Aust. Cli I ,on. Bilk of Ans.& Indi, Lon. Char. link of Amu Oriental Bank Corpot. Roy. Ans. Bilking& Old Importing South Australia Union of Australia Do. New X MKS — Brazilian Imperial Do. (St. John del Re) Colire Copper Colonial Gold Notlve?tii Monde 1111 SCZI.L4NEOtti-- Aaricultitra . Brit. American Land .. ciniad• et, sal Palitee. Crystal Palace of Ft sue. North British Aus. Lan. Do. Preference Peel Itiver Land Mit, Scottish Aust. JIM 0 , 1 South Australia: Lam Van Diemen's Lai"; .ill :, irl5Z.; 65 271451. 8 25i di 71 41 914 94 3 441 211 Itiond : i 4 8111 13 1 13 1$ . 114 It 52 3 lad Gi .13 5 74 i Bi 4 SA 4! iii tl 23 Ali 11 102 4 40i 1 107 9 q3i 4 N 5 $ 12; 3 I .4 7 1113 i SATURDAY, Er , sirs, I 943 FUNDS. Wed. 103 - 261 96f 74 - 414 - 113 - 4 94 i 73f 40c1 2:85f. rk 4 151 141 . 12 113 Friday. lof 20 i If 4$ ii 9f 13 11 die 16 18 ba 41 dis 94 9G 52 (4 - s1 154 1 6 13 15 44 46 71 Si 41 41 38 43 63 66 59 61 121 191 91 81 844 101 103 NOi 81 107 109 is 5' 4 9d 27 8 10 6 31 d 7i 7f par 2 p 36 40 .47 9 ,10 2 64f 841 09 89 121 11l t Pin 9511 94 8 t. 109 103 194 201 Cot el t 33 3ro 53 55 5 44 d 4$ 611 4 8d 5e74 8 1 0 6 61d 7i .f put 2 p 38 40 87 88 63 85 CO C. 2 d 15 17 4 Ai 14 16 124 611 72 s 4 84 35 3 4 27 30 is 15} lbf 1( 6 bitl - 3u 6 41 71 3 1 Si 14 6 7 9 34 M 41 49 1 1; I 63 4 itie 7i 73 5 I I 1 ti TS 7 14 1d 14 id' 14 EVIi 1;1i 47 4 75 77 11 1(1 4 ,d i Id P 47 4$ ;d pie Id pa! 39 41 1 3 hi 6 34 6 41 3 8 0P I b 11 • SL 00 Ili A A i t 10 0 41 4$ :44 GIS ..... i 1i I'M - - i i P 8 Al ii a l 19 24) 601 It 33 5 2 4 St it d 4 34 1 26 3 4 . 27 30 21 2; lb t, 8 9 I ti li Id di i I .3 4 iii i Wed. :10,V} 1 3I 4i 13 II 16 $ d 94 6 154 * 13 44 G S 4j 41e 3P4 49 62 4 121 I 21 3 74001 101 :$ MI I, 107 9 6:1 Ais 124 4 IP U 5 102}3 95 174f30e 99f 90 12795 f. 1,1121 i 92 Si 44 177mrs., 11:gi'l 116 f.al ~dl 52e 3 1 14 84 13 5 44 G I 7Se 4i 4 133 42 164 6 SS 60 124 21 3 sl4 102 4 sol 11 110? 9 8e; c,ie 5 9 let tP si 96 6 $ 8 1(031 4 191201 tio .4 ' 194214 61 :13 b :)3 4 ib 444 33 r, 52 4 5 4i di 'et+ 15ti 4 SJ 21i 47 7 , 7 0 )3 5 GO It 1 7 li lid' 15 7 42 1 14 u TA 81 ;2 4 44 ;1 4 27 31 14 U 10i 10 . • - • 4 14 3 4 1: Si' 1t 15 6 1 21 IS 0 - 8 9 8 9 ;24 3/1 ,I 6 1.91 17 :3 5 q 1(1 I ' . if lit. , .... i ii .4 . 1 ; Par SU , 71 St. G II 6 a i i' 1 10 1 36 00 i hil - 1 i il [l2 3 [lB .52 ,ii $ 94f - Ali - 211 - $ 9 74 N 74 ei I