The Press. — London, England, 1854-01-07 00:00:00

22 AT TAIL ROYAL GEOGRAPHICAL SOCIETY'S EVENING MELTING on Monday next the papers to be read are—l. Latest accounts of the Mission to Central Africa. Communicated by Mr. A. Petermann, F.R.G.S.-2. Geographical explorations in Southern Africa, by Mr. T. Baines and others.-3. Departure of Dr. E. G. Irving, R.N., F.R.G.S., on his Mission to Western Africa. AT THE LONDON MECHANICS' INSTITUTION a soiree and conversazione was held on Wednesday evening, for the double purpose of celebrating its 30th anni versary, and of rousing its friendsand supporters into s ome new line of action, with a view to a restoration of the institution to its pristine vigour. The theatre was crowded, and the various entertainments went oic with cons iderable éclat. The chair was taken by Mr. Grossmith. routg Valid an gitg rittiligtrat. PRIMLY ErIIYING. TIM fluctuations in the funds have not been very im portant during the week. We pointed out some time since that in the present critical aspect of politics it was very probable that the public would sell stock and invest in Exchequer Bills, which, while they pay nearly the same rate of interest as the funds, would not be subjected to the same depression in the event of war. It seems that this idea has been largely acted on, for considerable quantities of Three-and-a quarter per Cents. and Reduced have been thrown on the market, and Exchequer Bills purchased with the proceeds. This operation will account for the rise which ha; taken place in Exchequer Bills from 3s. to 7s. to IN. premium. Another operation now seems to be becoming ex pedient. Reduced Three per Cents. are the same price as Consols, and Three-and-a-quarter per Cents. only 1 per cent. higher. To the bona Jide holder of Consols the exchange from Consols to either Reduced or Three-and-a-quarter per Cents. is a clear gain of 1 per cent. We have no doubt that as soon as Con cols open for transfer advantage will be taken of this disparity in price, and exchanges of securities effected to a considerable amount. Until the question of peace or war is decided it is impossible to offer an opinion as to the course the Money Market will take ; and as regards the present week the weather has, as it were, paralysed transac Lions, the inconvenience occasioned by the detention of the mails having been inconceivable. In conse quence of the non-arrival of advices and remittances the Bank of England alone noted in one day the enormous number of 630 bills. Apart from this, the Money Market is easier than it was ; the rate of money in the Stock Exchange being 8 per cent., in Lombard-street 41 to 5 per cent. The arrivals of bullion this week have far exceeded the exports, the balance in favour of this country being about 400,0001. So far as the Money Market is concerned, it will be regulated by the balance of bullion in the coffers of the Bank, so long as the present absurd charter is in existence. As regards the revenue, we by no means consider it so satisfactory as the Government organs are in structed to make it appear. There is a decrease on the quarter in every branch of receipt, with the ex ception of the Post-office, and there is no doubt this decrease is still going on to an immense extent, while, at the same time, the expenditure is frightfully in creasing. We observe, also, that after applying the whole of the surplus, amounting to 4,015,0781., to the pay ment of the South Sea dissentients, the probable amount of Exchequer Bills required to meet the charges on the Consolidated Fund on the sth January, 1854, is 3,711,2001.! To this extent, therefore, will the resources of the Bank of England be crippled ; and in March another 3,000,0001. will be required for the paying off of the remainder of the South Sea dissentients. We protest against such a cooking of the finances, on the eve, perhaps, of a general war ; and, as we observed last week, it will be impossible to carry on that war with the present Bank Charter Act. Consols have fluctuated between 921 and 081 ; the business has been limited. The Hebrew party have been large buyers, which has tended to support the market. To-day, however, the funds were heavy, the price being 921, and close 02j 93. This heaviness has been Gees:loped by the depressed state of the French market, and the official announcement in the Moni leer that the combined fleets have been ordered to enter the Black Sea. IMMINEN.. I THE PRESS. FOREIGN FUNDS. The market for foreign funds has been flat. Pus sian stock is maintained by purchases on the part of the Bank of Poland for Russian account. Advices from Mexico announce that Santa Anna will shortly be declared Dictator. Private letters announce that the internal state of the country is improving. About 120,000 dollars have been received by the Magdalima in payment of former advances on account of the dividends. The advices from Ecuador merely announce another instance of bad faith on the part of the Government. RAILWAYS. The stoppage of the traffic, by the snow has had a bad effect on the value of railway shores, and prices have also been influenced by the depressed state of the English and foreign funds. French shares are lower. PRICES CURRENT. SHARES. RA IL WA Y Mond. Aberdeen XII berg., Nottng., Bata. & East Junction 4l 11 & Stour Val 9 9 Birk., Lan. & Ches. June U 9 Do. Ches. & Birk , 501.& 251 C. Do. do. 201. Bristol and Exeter Caledonian Chester and Holyhead 14 6 Cork and Bandon ,14 5 Dublin & Belfast Junc.l4s 6 Dundee, Perth, & Aber deen Junction 4 5} East Anglian 9 Eastern I inion 9B 4 East Lancashire E. & W.I. DILL& Bir. Edinburgh & Glasgow 68 65 Eastern Counties .... 121 8i Ednbrgh., Perth, Dund. 21 3 ' Great Northern Ot. Bth. and Wit of lre. 103 5. Great Western Hull and Selby 1 1 Irish South-Eastern Laneaehire & Yorkshire 65 i 1 Lancaster and Carlisle 93 961 Leeds Northern Lon., Tilbury, &Sthend 1 p Lon., Brighton, &c 97 9 Loudon and Blackwall 8 i London and Nrth-West. 102 i Londudrry. & Coleraine Londudrry. Ennaklln. Man.,Shef.,& Lncolnah 9l 2 Ilidland Do. Birm. and Derby 30 8 Newmarket. Nswp., Aber. & Hereford • 5 4 Newry and Enniskillenl2/ 81 New.,Warrnpnt.,& Ros.lB 8 Norfolk Nrthrn. Counties Union4i id North British 199 90 North Devon 1 8 101 North Staffordshire.. , .16 51 di North-Western ;Eli 9 1 N. & St.h.-WesternJuncol d par Oaf., Wrcstr., and W01v. 1 94 6 Scottish Central 4l 98 Scottish Midland ILO 8 Shrewsbury & Birming.lss GO Shrewsbury k Hereford If d Shrewsbury k Chesterll4 6 Shropshire Union 9; 3id South Devon South-F.astern audDov. 60 1 South-Western Ns 8 South WRIOR 132 e 34 Bth. Yorksh. & Itiv.Dun4 2d Stockton & Darliniton'27 80 Th m s.HavenDk.RAail.t2i Vale of Neath IVaterford & Kilkenny Z ' (4 Waterford & Limeric k 2 , West Cornwall 8 i' Wimbledon & Croydon' Woodford York, New., and Ber. l G3 4 York and Nrth Midland IA 114 avm— Australasten Chartered Bank of A ma 11 cot d Oh BRA of India, Atm train, & China id Eng. Sctch & Aust. Ch. 2 1 d I.on.Bnk of Aus.&india I I on. Char. {ink of Aust. 1 p Oriental Bank Corpor. 45 T Roy. Aus.Bnking & Old Importing Company Id par South Australia Union of Australia Do. New Mtxse— Brazilian Imperial Do. (St. John del Rey) 99 4xd Cobre Copper Colonial Gold Nouveau Monde ... p• Miscizzkezotm — Australian Agricultural ! r American Laud nee. f Wed. 1 20 1 120 1 44 di} 11 9 94 9 94 11 9d 11 9 18 10 \lB 9 54 44d 5414 .1 96 t 1 93 7 521 3, 521 34 14 114 6 14 5 14 14 a 14 6 9 8} 9 54t 5 42 88 42 b 53 5 112 9 63 5 191 32 121 3 21 2 21 3 133 i 44 834 44 103 51U3 5 112 e 824 3 100 11 109 11 Ica} ea} fil \!‘ 3 3 8 1 ;it B }l it . LP i 97 9 i h 97 99 l ' lt2e B k 3 lt2i i Al 2 /21 2 156 fi 1 56 8 134 A 34 6 5 4,1 1 .5 41 19 _5 501 21 I 4 *, .5 ,141au 8 - ini 810 1 9 cirj 9 pig' pal 7 135 7 1 80 80 91 191 1 a 8 8 55 60,55 861 21 9 dl4l 9d, 14 Bl3 13i1 3 4 Sil6 10i & 1 1 1 4 6 114 6 1 da 1' i 74 770 7 32 8 '32 8 9d 3 9d 97 30 27 30 2, it 3 'l5 14 51 1 ;51 154 64' 25 7 25 7 8 e a la 4 in 4 11 48 7 )16 7 1 I}o 76 16 lio 7\75 7 id 1,1 &d id 1 1 2 0 1 2 d I P 5 #ai 6 ;o1 par id par 88 4 4614 74 7 liold 74 8 I s 73i 4j } l73e 4 I i 17 5 615 6 1,32 4xcl i 32 4xl 143 7 fib 7 irpli ifl 408 1 1 2 140 k IP 4 8 1711 [IIS 6 .12 4X II 1; IS 8 82 34:1 4Z 47 p r 38 40 Brit.. Canada Crystal Palace 111)p i li p i Crystal Palace of Fi ance p • p,} pk 4 y North British Aus. Laud par p par p par s p par I p par Do. Preference Peel River Land Min pl pm; aar rd Scottish Aust. Invest. . 11 p plifp :1 l ap I South Australian Land 36 7xd 35 7xd 96 7xd 36 l'xd 86 Yin Dleateu's Land BRITISH OFFIC. ;lAL QUOT. 'Mond. Tuesd. 3 per Cent. Consols Dttto for Account 9l 299 3 per Cents Reduced * 93 St per Cents Long Annuities Bonk Stock, 7 per Cent 218 8 217; India Stock,loe per Cnt. Exch. Bills, 2d. per diem 3 5p 8 10 9 India, Bonds, (1,000) Belgian 44pC Ditto 24 Brazilian 5 Do. New 44 Buenos Ayres 6 Chili= 6 Danish 6 Ditto 3 Dtch. (Ex 12 Giul )24 Ditto 4 French 3 Do. 44 Do. Bank Stock Granada Deferred Mexican 3 Do. Account R Peruvian 44 Peruvian Scrip .... Portuguese 4 RUS3iIIII 5 Ditto 44 Sardinian 5 Spanish 3 Do. New Deferred 3 Dar) (Passive) .. Venezuela B4 Se 21 VI FOREIGN FUNDS. I Mond.iTuesd.l Wed. Thur. 20 1 Li 4 Zia 94 95 7 523 14 14 5 44 6 38 42 63 5 , 68 61 121 3 , 21 3 1 -- 33e 4e 1103 luv !'. 4 e '!i 13 I 9i t p ° 18 Bil , 1011 41 B I 134 0 34 0 6 5i44 6 8 48 50 _ . 12 6 101 Friday. 20 21 44 5 9 9i 11 9 die IR 10 51 41 die 95 97 511 521 14 1 14 15 44 46 8 9 4$ 4i 98 49 62 84 63 85 12a 121 21 23 83 84 103 106 81i 82 109 111 83 64 93 98 1 3 PI 9 9 7 7 8 st 101 i 102 19e 2011 601 81 St 88 64 58 5 4 d 21 9} d 48 bo 81 d D. 80 8 10 6 51 d Se 5 1d per 33 87 91 93 56 68 55 60 2e 2d 14 16 at 9 d 14 16 59 60 75 70 32 3.3 8 2d 27 80 2f 8 14t 111 5t 6 85 2 8 84 68 44 0 46 74 78 1} Of d i A 1 i i P 49 45 i d par 79 75 2f 1 4 is ' t 84 61 25 7 8 e fliDB. 101f40 2825 f. , 7 /4 3 I 1 40f 1! 112 i I 96 id' 1444 1 21 '72f 20 99f 90 2800 e f. 24i .4oe I I - 194, 5 1 4 .- ixd liixti\ FOREIGN RAILWAYS. Monday. 21 lidif• 4 2d 1 1 13 IZ, 2 kill; . 3 1 1,1 4 r , ~. 21 1 8 ~ .1 d pa A ntw. & Rotterdam Bezieres to Gress. Belgian Eas. June. Charleroi & Erque. Dijon & Besancon Dutch Rhenish East Indian Do. Extension Gt. Indian Penin. Grand June. of Fra. Gt.W t. of Cana„Sh. „ Bds. (2d is.) 1579 Lcca. & Pis. p prf Luxembourg .... Lyons & Geneva .. 'Madras Warta Antonia Warn. & Lge. (wth in Northern of France orwe. Trunk Pref. Paris & Lyons Paris & Orleans Paris & Rouen Paris & Strasbourg P Caen le Cherb. Quebec & Richmnd. Rouen & Havre .. Royal Swedish.... Sainbre & Meuse .. Stli•East. of France Southern of France tipper Indian Scrip West Flanders.... Western of France Westrn. of Sr. Itzer. Zealand Tueaday. I t n li a l 1 li 13 15 2 2 32 pd 3i 3 P d t :: i S 1& (4 4 .11 ,. ed nes. 2} li die 4 2d 1 liT 11 15 ,2) 121 8 k \ 3 * d „ I 21 * 3„ I 1 Oi V. 9 f .10i _ cl* 7i 8 34 i In 1 id f pm t t P 154 i ; IF 40 42 314 21 3 4 T 1 Obi 161 04 181 t 04 di! 4 li 1, Thurs. 2i le die 4 2 d v ip;2 1 1i 13 1 2f 2i Si P I 4 t lt soca Fe lid 4 d }d t di• 10 Id 71 8 34 7f 6f 8 1 61) 46 7 40 2 31f I , 3 4 Ai Ofdt4p 18} Of 1 Of d 81 9 a I I a 6 8 4 7 14 401;1 F. 45 7 4 7 40 40 2 811 2 2} 811 21 fi 4 8 4 14 04 dl4 01 di p 91 18* 91 1 o}d 1 01 4 p 8/ 9 81 di 9 Bp— 8 p— P 4p4 C P pm 4 41 4 V dp 7 8 1 4 i cli c e 111: } p 8p die 9 spm pm 4 7 A p al} die 4} 4dis 101 d }pm pm 7} 8 38} '} 84 } 15 }P 45 40 42 sot 51} 3 4 p 118} 18} 1 0} Ms 1 0} d 81 I 5 P 4 } 7 8P I it 1} (Bo v4} 4 dis BANK OF ENGLAND. An Account, pursuant to the Act 7th and Bth Victoria, cap. 92 for the week ending on Saturday, the Slat day of Dec., 1e33. ISSUE DEPARTMENT. Notes issued 129,180,080 129,180,080 Government Debt . 511,015,1 110 Other Securities 9,984,000 Gold Coin lc Bullion 15,180,0 W Silver Bullion .. • • -- £29,180,000 BANKING DEPARTMENT ProprietoniCapital 514,553,000 Government Seen. Rest Public Deposits' 11, 40 9 .933 DeadWeightAn.) 415,644,330 Other Deposits .102,126 Seven Day & other Notes Bills £4L395,492 Illtiropolitan Vatitts. A 41,1105, 491 (Reported exclusively fora TIRE PRESS.") CORN-EXCHANGE —Owing to the severity of weather, which in many parts of the country has put a stop to inland navigation, very limited supplies of English wheat have arrived for our market this week. Notaithstanding that the amount of business doing has been trifling, needy buyers have been cow pelled to pay a further advance for all home-grown wheats of from 2s to 9s per quarter. Foreign wheat—the imports of *loll have been limited—have sold freely as , at from 2s to 3s per quarter more money. The barley trade h ruled firm. at 2s per quarter more money. Malt has realised an improvemont of fully la per quarter. Oats have risen Gil to is; beans and peas from Is to 2.1 demanAmericanper quarter. There has been an improved for four. Country m arks have advanced 2s per sack, anAmericanls to 29 per barrel. ENGLISH—Wheat, Essex and Kent white , 73 s t o 88s ;r ed, 69s to has ; Norfolk. and Lincoln red, his to OW. 24alting Wish SATURDAY, ! Thurs.' ,TION. Wed. 93t tl 93k 94t 51 I 7 10 1p 101} - 166 id 96 94 94( 941 13 16 NI i 94} i 6t Friday. 93 i 9 2ixd 93 921 931 92 94 93i - _ - 218 217 110 - 9 i,l ..... 17 10 3p -p 90k 172 f 21 100 f 2780 f. 194; - .• so It p IT l id 13 71f 41 99t 1 12S1 Itidtiy. 23f -- 231 s .J