The Express.
London, England, 1852-06-29 00:00:00

THIS DAY.

ty 5
1852

Two o'CLo(

The transactions in the gold mincligsliurcslTtive
been kw to-day, and have given occasion to no
change in prices, except in Liberty shares, which
have gone rapidly up to 2 prem. Tuba Meer
shares stand quoted Nto prem.; Britannia, 4to
dis.
Santiago do Cuba shares mark

Although ho report of the intention of the French
government to contract a loan is generally discredited,
and no intimation of such a step has reached City
firms usually exceedingly well informed on such
matte's, the security markets have been fiat to-day.
Console opened 1001 to a cx div. for the 16th July,
and after reaching 1001, went down to 1001 to 1.
In the afternoon, however, the feeling of the market
was rather stronger, owing to the confidence gene-
rated by the receipt of higher prices from to-day's
Donne at Paris, and the price left off at yes-
terday's closing range. of 1001 to '4. After the
regular hours more steadiness was shown, which
extended to the other departments of the house, rail-
way and foreign stocks exhibiting a decided tendency
to a rally. Business in the English funds was not
large, attention being directed to the settling in
shares. Bunk Stock is extremely firm. To-day's
official report embraces : —Three per Cent. Consols,
fur the mx•ning, 100, 1, 1. Three per Cent. Re-
duced, 1011, New Three-and-a-Quarter per
Cents., 104;. t, Long Annuities, 1890, 61,
15-16. Bank Stock, 2241.
Exchequer Bills are unchanged in value, marking
765. to 795. prem. for the March, and 695. to 725.
prem. for the June iasise. India Bonds are quiet at
88a. to 91s. prem.
In the foreign house the settlement of the account
ham commenced. and the arrangements have had an
unfavourable ethet on the price of Mexican bonds.
Other stocks were scarcelyy altered. Spanish were a
shade better; Russian hives reached 116;, and
I generally the dividend stocks remain firm. Stock
was easily curried over at a charge of from 2 to 3 per
cent., a very low rate in this market. Austrian scrip
is now scarcely touched, as there is a feeling that a
withdrawal of the support hithertd studiously ac-
corded to it by those interested, would rapidly drive
it down to a.price more in consonance with the pre-
valent opinion of this loan in particular, and
Austrian finances in general. The bargains marked
to-day are as follow :—Austrian Five per Cent. Scrip,
31 prem. Buenos Ayres Six per Cents., 77, 78.
Dutch Two-and-a-Half per Cents., 641, 1; ditto Four
Cent. Certifs., 96. Granada Deferred Bonds, 91.
Mexican New Three per Cents., 26, ' Peruvian
Deferred Three per Cents., 6(.1 46:15. Portuguese
Converted Four per Cents., 3s, 4. Russian Five
per Cents., 1181 ; ditto Four-and-a-null per Cents.,
1101', 105. Sardinian Five per Cents., 931, 911.
I Spanish Passive Bonds, 61; ditto Old Three per
Cents., 484, ; ditto New Deferred Three per Cents.,
221, 22, 1; ditto Committee's Certifs., 21 per cent.
Venezuelan 1 heft-and-a-Half per Cents., 441, 451.
Colonial Bank shares were done in the house to-
day at 151; Oriental Bank at 371 and 1; Ebro
Canalisation shares were quoted at Ito prem.; but
Crystal Palace were worse, at par to 1 prem.
We learn from the Hague that the discussion Lan
terminated in the Second Chamber on the project of
law relative to the payment to Russia of the Dutch
portion of the Russian debt, as fixed in the conven-
• Lion by which Russia promised her assistance to the
King of Holland in maintaining his sovereignty
over Belgium. The bill was adopted by 32 votes
against 21.
Hamburg letters notice the suspension of the firm
of Ihilau and Weisse, of that city, consequent upon
the failure of Messrs. Franck and Miinchmeyer, of
Greifswald.

From Turin, under date the 23rd inst., we are ad- I .
vised that the National Banks of Turin and Genoa
had regred the rate of discount on commercial bills
to 3 per cent.
A strong feeling of dissatisfaction has been excited
in the City by the failure of the bill of the British
Electric 'telegraph Company in the House of Lords.
The clause of the standing orders of the house upon
which the bill was thrown out (that requiring that
three-fourtlis of the capital should be paid up) was in-
troduced pu-ely with a view to meeting the require-
ntents of the great speculative period of 1821, and
amongst the exemptions from its provisions are eau-
merited all undertakings which may fairly conic
within the class of general improvement and utility,
such as water companies, harbour companies, light
companies, and associations fur the construction of
wharves, bridges, piers, &c. Under these circum-
stances the di eision of the house is regarehd as im-
plying an adherence to the letter, rather than to the
spirit, of the clauses, as telegraph companies would
assuredly have also obtained a special exemption had
this wonderful invention been tu existence at the
period of the enactment of the clauses. The case of
the company, after carrying their bill at a
heavy expense through the lower house, in the
face of a strong monopolist combination, is
regarded as a peculiarly h-,rd one. We are glad
to see, however, that the promoters of the associa-
tion are not discouraged but resolutely endeavouring
to retrieve their position. We have no doubt the
commercial interest in London and the provinces,
which has already testified so strong a disposition to
promote a healthful competition in our system of
telegraphic communication, acknowledged on all
hands to be at present glaringly insufficient fur the
wants of our great community, will strengthen the
hands of the company by a vigorous and general
exercise of the right of meeting and petition, with a
view to obtaining the waiving of the clause iu ques-
tion, a boon that has been accorded to so many asso-
ciations of far less public utility.
The altered position of our Australian colonies is
giving rise to a series of joint-stock undertakings, the
objects of which arc only indirectly connected with
mining adventure. Under the amended title of the
" Royal Australian Banking and Gold Importing
Company," an association is now in the market, with
a view to raising capital to the amount ot a quarter of
a million in .":9,000 shares of el. each. It is proposed,
in addition to an Mike in London, to establish a bank
at Sydney, with branches at Melbourne, Geelong,
and other populous towns, as may be con-
sidered advisable. The objects of the institution
will be gathered from its title. Some time ago we
' drew attention to the probability, and indeed the
necessity, of an extension of banking uceommodation
in our aunt hymn colonies, in their present altered cit.-
' cumetances. Large profits will doubtless be realised
by these establishments under proper management,
and that this view is shared by intelligent men of
business is proved by the weal rise in the prices of
all the Australian Bank shares.

The " Port Phillip and General Emigration, Colo-
nisation, and Investment Company," is also in the
field to raise a proprietary capital of 50,0001. in IL
shares. The objects of this company, us stated in tie
prospectwi, arc to promote emigration to Australia
and elsewhere, to facilitate colonisation and the
disposal of land, and to secure and increase the
savings and profits of the emigrants by investment in
the mother country.
The prospectus has also been issued of the Aus-
tralasian Emigrants Monetary Aid Society, with a
capital of 100,0001. in It. shares.
A company is in curse of formation for the con-
struction of a harbour at Fairhead, the north-eastern
extremity of Ireland. The capital proposed to be '
raised by "The Fairheud Harbour Company is
2.50,000/., in 1!. shares.
The account of the tonnage of vessels employed in
the foreign trade of the kingdom for the month end-
ing the sth May, as stated in the Board of Trude
returmis just issued, is as follows :
IN WAIII.
Month ended sth May,
United Kingdom and 1950. tifil. 1652.
itsdependencies 319,227 .. 264,272 .. 356;36 s
Other States

Total tons
CLEARZD OUTWARDS.
Month ended sth May,
United Kingdom and 18.50. 1851. 1852.
its &Di nd. neies 420,965 431,431 .. 434,322
Other State.l,

Total ton•
This statement is most satisfactory, no it prods

The business in the English funds to-day has been
of an average character. Consols were fur a moment
quoted 1 lower than they left off yesterday, at 100;
to j, but the price has since rallied to 1001, to 1 ex
div. for the 10th July, and appears steady. The
Three per Cents. Reduced mark 1011 to ; ; the Three-
, and-a-Guarter, per Cents., 104,1 to 2. Bank Stock,
224 to 225. The unfunded securities remain at yes-
terday's prices.
The business in the foreign louse has been chiefly
limited to the settlement of the account, which is
progressing satisfactorily, and prices presrnt scarcely
any quotable change. Buenos Ayrean Bonds mark
77 to 4 ; Austrian scrip, :11 prem.; Granada Deferred,
91. to 1, ; Spanish Passive Bonds, .51; ditto Old
Threes, 49; to ,50; ditto New Deferred, 22 to

LATEST FOREIGN EXCHANGES,

tar Mout.

PARIS. ivNs IS. I rot ...
_ Money. Oplaisi'llisims. Lowest Clain&
I
s pre Cram ....... I ... 70 SO 71 Sr 71 8 70 75 . I 1 0
441.22 00ot• 1 101 $0 WS 0 WI II 101 SO 102 5
4 per rents.
5 prr 11;ta
1 per t;ento. 74re Inn,: . . ... ... ...
.. . . 11.5ellemor4 on I ~.n,loe : kt•lght, 25 27.4 ; !V days, 33 1,.. 1...
.. . .. ..

ile4i.m4 5 paret.lattl tat llcorriw gapleP li;nto —, flaw?.
1)... It
1... 3 Ilv. :51.
Plnanvont 5 p.et .... 91- 33.. Tre t.nr) Benda
1'... 1. in I ,53
.... Bank near!. ... 2:-.10.
.... .

. . _
PAltl/4, JONI 28.—St. Germain, 920; Versailles (right
bank;, —• dtto (lett nanlo, 203; Paris and Orleans.. 1.250; Pau.
and Idia;a, 111".1; Konen and More, 112 50; Marseille. and
Mac o , 418 73; Straalsonre and Bale, 2.6 2s; Norther.. 611 75;
Paris and ,tra.boarg, 520; Pans and Lyons, 65$ 75; Mon.
lrresn and Troves, 2 5; trove 5o0; Ineppe and Feesme, 254 :5;
Paris an,llacraus 91; Boole me and Tt.te, 156 ; b ro, 475.
MADRID, JUNE 23.—Three per Cents., 451 ; after
Bobs, 431 c., 46 p. Three per Cents. 1./eferrcd,
2'2 1.16; after Bolsa, 224 c. Licht (Ist class), 101 ;
after Bolas, IN p.; (2nd class), 5 7-16; after Bolsa,
5.! c. Bank of St. Ferdinand, 103. Exchange on
London, 50.23.