The Express.
London, England, 1852-08-23 00:00:00

MONEY MARKET.

SATO/DAY Evzxnro.
The favourable Bank returns and improved appear-
ance of the weather were regarded as circumstances
decidedly in favour of the prices of stocks to-day,
and the consequence was a general improvement,
notwithstanding the absence of many members,which
restricted business. Consols opened 991 to 1, and
left off, as officially quoted, 991 to for money and
' account, being arise of / since yesterday. After the
regular hours the quotation wan 1 higher still, at
99/
to I. Bank Stock has rallied to 227. The business
report is brief, including only the undermentioned
stocks, viz. :—Three per Cent. Consols, for money,
991, 1; ditto, for account, 991, 1, t. Three per Cent.
Reduced, /00/. The New IThree-and-a-Quarter per
Cents., 103 j, t, I. Bank Stock, 2251, 227.
Exchequer Bills were without inquiry, at 745. to
775. premium for the March, and 68s. to 71s. pre-
mium for the June issue; but India Bends were sold
Is. lower, at 86s. premium.
Foreign stocks were firm, end for Spanish, Portu-
gime. ihtob, and Mrs:loan, qui tendency was ins-
prating. Granada Deferred Bondsn met with
good many transactions at 111 to 12. The list of
sales is subjoined:—Belgian Four-and-s-Half per
Cents., 951. Brazilian Old Five per Cents., 1021;
ditto Five per Cents., 1829 and '39, 102. Dutch
Two-and-a-Half per Cents., 641; ditto Four per
Cent. Certificates, 981, 99,98'1. Granada One-and-a-
Half per Cents. ex December, 1849, Coupon, 24;
ditto Deferred, 12, 111, 12, lit. Mexican New
Three per Cents., for account, 31st August, 25/, 1.
Portuguese Converted Four per Cents., 38. Russian
Five per Cents., 1191. Sardinian Five per Cents.,
95. Spanish Old Three per Cents., for amount, 481, ;
ditto New Deferred Three per Cents., 22, 1, 1.
Venezuela Deferred, 161.
The quotations current in the market for new un-
dertakings are as follows :—Vietoria Docks, 3to 31
prem.; London Chartered Bank of Australia, 34 to
1 prem.; Ebro Canal, a to 1 prem.; Chiriqui Road,
I to 1 prem. ; Electric Telegraph Company of Ire-
land, 1 to 1 prem. ; Irish Submarine Telegraph, par
to 1 prem.
Monday next (the 23rd) has been appointed special
settling day in the Stock Exchange fur the new
Midland Bradford scrip.
There is no essential change in the rates of money
this week, but the tendency has not been in the
direction of an easier state of things, as is indicated
by the fact that for money on call 11 per cent. can
be readily obtained. Rates of discount remain much
the same as before.

The week's imports of specie and bullion have been
large. Our account includes: the America, from
New York, with 152,000 dole.; tho Magdalena, from
the West Indies, with 1,100,000 dolls.; the Prince of
Wales, from Sydney, with 35,000 oz. of gold ; the,
Arctic, from New York, with 330,657 dole.; and the
(keen Queen, from New York, with 100,000 dole. in
American gold; the Duchess of Northumberland is
also reported this afternoon as having arrived off the
coast with 4,694 oz. of gold from Sydney, but with-
out any later dates. The total value of these imports
is nearly half a million sterling.
The shipments have also been heavy. The exports
of the precious metals from London have been con-
fined to silver, but include a shipment of 442,890 oz.
of coin despatched by the Messrs. Rothschild to
Hamburg en route to Austria, on account of the loan
lately raised here fur that empire. The Custom
House account for the week ending Thursday last, is
as follows :--Silver win.: to Hamburg, 442,890 or.;
to Belgium, 70,000 oz. ; to Dunkirk, 2,700 ox. Sil-
ver bars : to Rotterdam, 22,000 oz. The value of
these exports is about 134,500/., the total quantity
being 637,690 oz.
ozhleriaentiosed sums baw Ike lees shipped

from various ports, viz., 21,4661. by the Lad-PT
lyn, for the Cape and the Fast; 30,0001. by the
Orestes, for Port 'Phillip; 10,0001. by the Southern
Cron, for Hobart Town ; 4,6301. by tho Peninsular
and Oriental Company's steamer Madrid; 9,1141. by
the La Plata, for the West Indies; 16,0001. by the
General Hewitt, for Sydney; 26,0001. by the Win-
dermere, for Port Phillip; and 173,5251. by the Pe-
ninsular and Oriental steamer Sullen, for Alexandria
and the Eastern markets. The total exports from
the kingdom for the week are thus raised to about
423,0001., from which we see there has been but a
small excess of imports over exports.
The following important announcement relative
to navigation and trading reciprocity with Spain, is
extreisted from the Legatos Gazette of last night :
By ma Cadre in Osineil, dated Osborne, Aug. 18, 1852,
it is desheed in pawnor of ths 16 & 16 Victoria (which
eiseetsjcjtere it shall appear to her Majesty that by the
laws dons of any foreign power tbe trade and
shippintef mat Britain is *sperm of such foreign power
hamlW% placed oa the same reeds* as the trade and ship-
ilfr nosh foreign power, it shall be lawful for her
deeisn , by the whim et her Privy Council, to order and
deolssi flat tfte trails sad shipping of such foreign power
shall have the benefit of the provisions of the said aet24;:lst
teem and after the publication thereof in the
Castles, the trade and shipping of Spain shall have the
benefit of the perrisions of the said act.
Subjoined is a summary of the railway dividends'
declared during the week :—The Great Northern
dividend is to be ss. per share, equal to 2 per cent.
per annum; the Eastern Counties dividend is, as
before, 4s. per share for the half-year, or at the rate
of 2 per cent. per annum; the Blackwell distributes
the usual half-yearly 24., on its shares of 111. 7s. 6d.;
the Lancashire and Yorkshire Board has decided on
recommending a continuance of the annual 3 per
cent., as we stated would be the ease as far back as
the 23rd ult.; the York and North Midland declares
1 per cent, for the year; and the Dublin and Dro-
gheda pays 16s. per share, in place of 12e. on the
corresponding six months of 1861. At the Taff Vale
meeting a dividend of 41. 10s. per share for the half-
year was declared.
With reference to the North Staffordshire arrange-
ment. the Railway limes states that the investiga-
tion is completed, and the award made. At present
it is sealed up, and in the custody of Mr. Robert
Stephenson. " That gentleman, of course," observes
the journal in question, "has been rather closely
questioned as to the result ; but it seems that Mr. Hope
and himself had preliminarily decided that their
decision should not be made known, save in the
presence of Mr. Glyn and Mr. Itioardo; these gen-
tlemen are both ' out of town,' out of reach, we
believe, of the telegraph. The efficacy of the seal,
and the sanctity of the red tape, therefore remain in-
violate until the respective chairmen meet."
' From Herapatles Joanna we extract the following
analysis of the railway trifle returns for the last
week on all the lines.in the kingdom : •
. aggregate amount No. of Average receipt
received. miles epic per mile.
£838,514 0.792 £49 16 0
~1061.... 364,234 6,08 65 0 0
'1860.... 298,317 6,021 49 10 0
The Railway Times estimates the gross receipts
for the whole kingdom, since the Ist July, as
follows :
Orals swiiW7" No. of Average receipt
reselved. . miles open. per mile.
1852 .. . 1.2,171017. 8,696 £324 10 0
1861 ..."-91881,868 8,361 364 11 0
1860.... 1,811,637 6,784 330 9 0

The monthly official returns for the frith banks
are as follows, for the four weeks ending August 7: