The Press. — London, England, 1854-03-04 00:00:00

MARCH 4, 1854. along Varlitt nb Qtit FamiT EVENING. TUE prevailing topic of conversation in the City is the forthcoming financial statement of the Chancellor of the Exchequer, and a fervent prayer is offered up by many an anxious capitalist that the present budget may not be so signal a failure as the last. The general impression is that the increased ex penditure of the year will be met by increasing the property and income tax from 7d. to Is. in the pound ; and, in the event of that not proving sum cient, the deficiency to be met by an issue of Exche quer Bills. We think Mr. Gladstone will adopt this course rather than resort to a loan, because a loan, which certainly would not be taken above 90, would prove how lamentably deficient in foresight were the finan cial operations of last year ; and even the most enthu siastic admirer of Mr. Gladstone's financial genius would be somewhat staggered if in the same budget he was to announce that he had paid off South Sea Three per Cents. at 100 in January and March, but that in April he required a loan, chiefly rendered necessary by this operation, in Three per Cents. at 90. Nothing can be sounder than the present state of the Money Market. Money stock, notwithstanding some large sales, this week continues very scarce, and 1-16th premium is still given to obtain stock for immediate delivery, which shows that the demand greatly exceeds the supply ; and we may meltion another fact in corroboration of this, that a large sum has been raised on Reduced Three per Cents. from the present time till the middle of April at 1 per cent. Exchequer Bills, notwithstanding some sales on the part of the Bank, supposed to be for Government account, remain at 17 to 20 premium. Money in the Discount Market continues abun dant at 4 to 41 per cent., notwithstanding the de mand which usually exists to meet bills falling due the 4th of the month, and the payments this month are more than usually heavy. Very little business has been transacted in the English funds during the week, and fluctuations have been but trifling, the highest price of Consols having been 911, and the lowest 91. They close this afternoon 911 to for account, and 911 buyers for money. There has been rather a larger supply of money stock to day. Exchequer Bills, 16 to 19. The exchanges are rather flatter. FOREIGN FUNDS. The most remarkable feature in the foreign funds has been the fall in Russian Bonds, caused princi pally by the panic which has seized the Dutch holders of them. Last year there was no foreign stock which stood in higher estimation with the public than Russian, and the Five per Cents. were quoted as high as 12Si ; this week they have been sold at 84k, and closed 841 s}. In addition to this, there is a rapid fall in the Russian exchanges, which will tend to drain the bullion from Russia, and withdraw it from internal circulation there. This fall in stock will tell the more heavily on Russian finance, as we have reason to believe that the Russian Government, in order to conceal their designs, employed a large portion of the funds they had in this country in bolstering up the price of Russian Stock, which now remains on their hands at 105 and upwards. Dutch Stock has also fallen considerably during the week ; in fact, the depreciation of every desciption of foreign bonds is, for the most part, occasioned by the panic which has seized the Dutch holders. RAILWAYS. Railway shares, generally speaking, maintain their price, and the traffic continues highly satisfactory. The market is, however, rather heavy to-day, in con sequence of the flatness of Consols. • BRITISH FUNDS.— Closing Prices. OFFICIAL QUOTATION. iMond.iTueed.i Wed. S per Cent. Console Ditto for Account S per Cents Reduced 3% per Cents Long Annuities Bank Stock, 7 per Cent India Stock,lo4l per Cat. Exch. Bills, 2d. per diem India Bonds, (1,000) 914 )2I 1 91 i , nt 1 U 9 i . .- ~ 24 I 18 pm 8 12 !19 7i 239 Is} i 117 2C - ' Thurs.' 1 4 - 3 - 11 Il U )2, ; 117 00p 11 9q 91 4 99 2i 5k 5-18 218 219 240 2n 7 PO lfp THE Belgian 44p C Ditto 2l Brazilian 5 Do. New 4l Buenos Ayres 6 6 Danish 6 Ditto 3 Dtoh. (Ex 12 Guil )2e Ditto 4 French 3 Do. 4a Do. I3ank Stock Granada Deferred Mexican Do. Account 3 Peruvian 4e Peruvian Scrip.... Portuguese 4 Russian 5 Ditto 4l Sardiiian 5 Spanish 3 Da. New Deferred 3 Dittl (Passive) .. Venazuela 3l RAILWAYS^. Aberdeen Milberg., Nottng.,Bstn. l & East Junction .... 1 Birm. NV olv. & R tour Val. Birk., Lan. & Ches.J unc. Do. Chea. & Birk , Wt.& 251 C. Do. do. 20L _ Bristol and Exeter Caledonian Chester and Holyhead Cork and Bandon Dublin & Belfast June. Dundee, Perth, & Aber deen Junction East Anglian Eastern i I 'don East Lancashire E.& W. I. Dks. & Bir. Jn. Edinburgh & Glasgow Eastern Counties Ednbrgh., Perth, Dund. Great Northern Gt. Bth. and Wet of Ire. Great Western Hull and Selby Irish South-Eastern Lancashire &Yorkshire Lancaster and Carlisle Leeds Northern Lon., Tilbury, & Sthend Lon., Brighton, &c London and Blaekwall London and Nrth•Weet. Londndrry. & Coleraine Londndrry. & Ennekiln. Man.,Shef.,A Lucolnsh. Midland _ . Do. Birm. and Derby Newmarket. Newp., Aber. & liereford Newry and Enniskillen New., VVarrnpntot Roe. Norfdlk Nrthrn. Counties I' North British North Devon North Staffordshire North-Western N.& Sth.-Western Oxf., Wrcstr., and Scottish Central Scottish Midland Shrewsbury & Birml Shrewsbury & H. Shrewsbury & C. Shropshire Union South Devon South-Eastern and D( South-Western .... South Wales Bth. Yorksh. &Riv.D Stockton & Darlini Thins. Haven Dk. /2 Vale of Neath Waterford & Kilkeni Waterford & L. West Cornwall.. Wimbledon & r Woodford York, Newo., and York and Nrth Mk BaNns— Australasian Chartered Bank of Ch. Bank of India, e. trails, tt China... Eng. Sctch Lon. Bnk of Aus., Lon. Char. Bnk of Oriental Bank r Roy. Aus. Bnkl Importing South Australia , Union of Australia Do. New MINES — Brazilian Imperial Do. (St. John del Re, Cobre Copper Colonial Gold Nouveau Monde MISCELLANEOUS -- Austral'' , Brit. Am, Canada Crystal Pa/ace.. Crystal Pot" North Bi Do. Prat Peel River Land Scottish Ain't. South Van r 22 4 934 64 .99 101 ,=.2i 104 6 3} 22 4 92} 3} .95 7 181 1104 6 iTioe 1 1104 C iii 91 25 7 911 24 98 8 901 1 104 8 iouth-Eastern • shire & Yorkshire 674 8 074 674 8 671 8 ster and Carlisle 92 592 5 92 96 92 6 Northern Tilbury, & Sthend par 4p par S P par tp par 4p pa 3righton,&c 964 74 961 ‘1961 1 961 71 98 n and Blaekwall 84 fBl Si 4 81 1 84 nand Nrth-West 1044 5102 • 1021 4 1021 310 idrry. & Coleraine idrry. & Ennaklln. . Shef.,& Lncolnsh. 22* 34 224 4221 8 22} ! ad 4 ,62} Birm. and Derby 36 8 35 796 35 7 arks ~ ,Aber.& Hereford 5 444 5 44 .1 5 44d 5 4ed and Enniskillen 24 3 24 3 24 3 2} Warrnpnt.,& Ros. 6 8 6 8 6 8 8 8 49 51 48 60 48 50 48 50 a. Counties Union 31 id 81 ti 3/ 441 31 *d British Devon Staffordshire— .51 id ai id 61 id 5/ i d -Western S 81 71 8 71 b7i 8 th.-Westem Juno. Nrcstr., and Wolv. 34 534 632 432 4 sh Central sh Midland •sbury & Binning. 55 GO 58 62 58 62 58 62 'abury & Hereford 3 2d 3 2d 8 2d 3 2d rebury it Chester 16 816 BIS 816 8 shire Union Devon -Eastern and Dov. 63 4 163 4 63 4 63 4 -Western Wales 354 61 1 351 64 351 635 6 rorksh. & Riv. Dun 2d par 2 d par 2d par ild par ton itt Darlink,ton 30 2xd 30 2xd 30 230 2 .HavenDk.& Rail 24 12} 21 21 if Neath rford & Kilkenny 34 1 5i I'4 4 3} rford it Limerick 24 6 21 6 24 13 24 Cornwall 6 7 6 7 6 7 6 7 Aedon & Croydon [ford • Newc., and Ber. 704 14 69 7.1690; 694704 and Nrth Midland 50 1 484 9} 49 50 19 50 ralasian "6 876 877 977 9 tered Bank of Asia d— d d d lank of India, Ans Is, it China 2 1012 11c1 2 11d 2 11d . Sctch it Aust. Ch 3 2* d 3 2 1 d 3 214 3 2ed Bnk of Aus.& India Char. Bnk of Aust. 4 }di id 1 di }d ntal Bank Corpor. 44 644 645 7 451 6} Aus. Bnking Old 'porting Company Australia in of Australia o. New 3- Ethan Imperial (St. John del Rey) 28 30 28 30 28 30 28 30 re Copper 42 4xd 12 4xd 42 4xd 42 414 inial Gold id Ip/d/p 4d 1p 11P veau Monde a.talizons— tralian Agricultural 41 341 3 41 9 41 43 American Land ada scat Palace l4 IP 1 4 4p 1 4 IPII IP Eitel Palace ofFrance p —p —p —p thl3ritish Aus.Land par 4p par 4p par 4p par 1 p Preference 3 River Land Min ld parl4 4d 1 d par Utah Aust. Inveslll 1001 11 p 1111p par 14 lip i th Australian Land 58 40 38 4013/4 40 38 40 1 Diemen's Land Mond. 111' 16119 i 196 E I 98 5 1 83 4 83 S9 lB 811 SHARES. 1 Mond.lnelti LIOi 1 8 D .11 9dl 117 19 4 bid 8 9 lii 9 l 7 9 34 54t 11 65 e lbe 1n 8; 4e PRESS. FIIN: [DB. Wed. )7 0 167 f 1561 atif E 26851 13t 24t ii iAi-1 18 lid 82 12i 89 2 18!;}I Wed. 201 11 6 1 8 9 12 10d 18 Bzd 84S}5 94 13xti Of GI 14 8 13 Ili 811 1r.,.4 - ( 60 4 121 31 23 4 /92 3 96 8 k'riday. 88— 91 - 1091 - 97 - 6 81 'I 241 } 63:1 - 35 i 88 13:4 80 78 8d 17i Friday. .20f 11 5 5} 8} 9 12 10d 18 18 iid 94 96 55} 6 15e 61 12i 8} 44 6 71 81 6t 66 62 4 12& 91 23 90e le 95 7 79( wat 104 106 67} t 92 6 16 7 la kr •1 pm 7a l_ ,81 22 3 64 2 96 7 5 44d 2} 8 8 48 501 d 3 1 I d 94 5 8 10 8 Sid 7e 8 168(20C1 i97i 134 ~ 95 82 !1•1 2i 67f c 96f 3( f. 6 1244 18 80, a 118 - 71 Thur. 5 } 9 12 10 d 16 5 ;5S 6: ;13 6; 12 3; 44 1 71 811 4 1 6 PF 2} 16 at 24 70 00 0 14d 2; d } d 40 2 67 4 5 28 !Co 42 42. d i d IP d par 41 3 74 0 75 80 If fp le i d p tP ar 38 40 1 4 An Account, pursuant to the Act 7th and Bth Victoria, cap. 31 for the week ending on Saturday, the 26th day of Feb., 1854. IS~Ui DICPARTNENT. Notes issued £29,515,46) Government Debt . £11,015,100 Other Sectulties .. 2,984,900 Gold Coin et Bullion 16,513,400 Silver Bullion .... £29,515,400 429,615,460 DINNING DI Proprietors'Capital 814,553,000 Rest Public Deposits* 2,794,346 Other Deposita Seven Day & other Bills Government Seen rine, (includin Dead Weightnn.i g 511,757,704 Other Securities 15,247,442 Notes Gold et Silver Coin 770,705 /33,591,806 e Including Exchlquer, Savings Banks, Conunisstoners of National Debt, and Dividend Accounts. The foregoing return, when compared with that of the preceding week, ending Feb. 16, exhibits the following changes. In the Public Deposits Other Deposits Notes Issued Do. Reserved Seven-day Bills Coin and Bullion Government Securities .. (Same as last week.) — Other Securities DECREASE of 98,214 The Rest The amount of active circulation In Notes 221,699,605 Do. in Seven•day and other Bills 1,102,638 29,809,143 :oin and Bullion in both Departments 16,286,166 FOREIGN RAILWAYS. 1 Monday. Tuesday. Wedites. 77sarr. Frti 131 21dis 3} 3d 3} 9Ms 31 3M 3} 41 31 d4l Si d 41 3}d 4} 31 dM 1 1} 1 1} 1 1} 1 1} / 4 " In 2 1 P d 3 2 1 P d :I al' ,I 1 i,. I 1.. I 1.. i k 1131 :pi 1p 1 die Ms dls 7 til 76/ 761 Pm —Pm pm par 1 d par i d par 1 d ‘p, IPe 10 191 i f 7 2i1 17} 81 71 81 71 8 p 1 42 s 142 3 p 1} 42 4 42 4 42 did 94 Oid 84 6:4 84 124 9 281 1 281 I p d 8 I 8 p 3 ldisp die d die 31 8 1 8 8} • 1 ) P P P—P P IT 3 — f fi n 31 — 4,1) , p2} 3 p2 l 9 p2} JIB d die dis , 6 4 dts 3 4 di. 5 &ntw. & Bezieres to (halos. Belgian Eits. June. Charleroi / Erque. Dijon & Besancon Dutch Rhenish East Indian Do. Extension Gt. Indian Penin. 31 Sid fis P 114 11 Grand Juno.of Frs. Gt. Wt. of Cana.,Sh. Etde. (2d le.) lea Ilea.* Pia. b p oprf Luxembourg Lyons& Geneva Madras 1} 1 - =. di. 7 .... 9 i id pet Maria Antonia.... Nam. I Lge.(wth in Northern of France Norwe.Trunk Pref. 7} 7i 12 t 42 4 ;.. T 4 29} & 74 a 12} ip 42 34 OA & Paris & Lyons.... Paris & Orleans .. Paris & Rouen.... Paris & Strasbourg _ - - - P sr., Caen & Cherb. Quebec& Richmnd. Rouen & Havre .. Royal Swedish.... Sambre& Meuse .. Eth.-Eaat.ofFrance Sou•herr.of France Upper Scrip West Flanders. Western of Franct, Weetrn. of Switzer.l 8 1, 3 Id 8 1 8 8 SI 4i 2i Sp 3 - 4 I! - I I . 3 Pull at 0 i 3 P die Zealand 4disl 5 44 pttropolitin parktts. (Reported cr.-elusively for "Tas Panes.") CORN-EXCHANGE—The arrivals of English wheat og 10 our market this week, coastwise and by land carriage, have bees on a very moderate scale, and in but middling condition. Foe all kinds the demand has ruled steady, at an advance in the quotations of fully is per quarter. There has been a fair demand for foreign wheat—tbe imports of which Lave been seasonablg good—at the extreme rates paid last week. In floating cargoes a good business has been transacted, on former terms. The barley trade has become more active, and fine parcels have Inn proved in value is per quarter. The sale for malt has slightly improved, but we have no change to notice in the currencies. Oats have moved off steadily, at, in some instances, an advent* in the quotations of 6d per quarter. In beans and peas vlsry little has been doing, on former terms. The flour trade has rake steady, at full prices. The imports from the United States have been good. Esau's—Wheat, Essex and Kent white, 71s to 88s; rod. 67s to 82s ; Norfolk and Lincoln red, 68s to KN. Melting barley, 40s to 44s ; grinding ditto, 38s to 39.; distilling, 3So to 41s. Malt, Ms to 745. Feed oats, 37s to 30s; potato, 30s to 886 Rye, 48s to 50e. Tick beans, 44s to 525; pigeon, 460 to OS. Grey peas, 43s to 48s ; maple, 47s to 491; white boilers, 624 645 per quarter. Town-made flour, 70s to 755; country marks, 58s to 68s per 2801b5. ARRIVALS THIS WEER. Wheat. Barley. Malt. Oats. Flour. English 2llO .. 4520 .. 3230 .. 100 .. 940 Irish Foreign .. 16850 .. 8990 .. .. 8510 .. 240 aka. 13010 Ms. LONDON AVERAGES DECLARED ON FRIDAY— Wheat. 1.921 quarters, 82. 9d; barley, 8,417 quarters, 89s 4d; oats, 5,257 quarters, 27s 10d ; rye, 90 quarters, 50s 3d ; beans, 664 quarters. 431 9d; peas, 835 quarters, 52s Bd. IMPERIAL WEEKLY AVERAGES—Wheat, 78s 541; bar ley, 88s 4d; oats, 27s Id ; rye, 49s 10d ; beans, 45s lid; peas, 48s 7d. THE SIX WEEKS' AVERAGES—Wheat, 81s 6d; barlai, 410 Id ; oats, 27s 2d ; rye, 49s 8d ; beans, 47e 7d; peas. 51s Id. ENGLISH GRAIN SOLD LAST WEEK—Wheat, 55,662; barley, 61,90 U; oats, 21,252 ; rye, 188; beans, 5,087; peas, 1 , 901 quarters. SEEDS—There is rather more business doing in clover Seed. yet red parcels are somewhat lower to purchase. Trefoil la dull, and 2s to 3s cheaper. Rye grass commands very little attention. Linseed is firm, and cakes command extreme rates. 403 , 80 TEA—The show of samples is rather large, and the is inactive, at barely stationary prices. Common sotini Is to Is iied per lb. Up to Saturday last duty MIS A . 4,951,4591b5, against 5,048,0171b5 in 1853. ,* t • •