The Express.
London, England, 1852-10-16 00:00:00

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60 0 pa
$ 3 pa

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Shares in the Union Bank of Australia have been
dealt in at 60; Peninsular and Oriental Steam,
861 ; and Royal Mail Steam, 781 ex div.,
these latter shares being very firm after the meeting.
London Chartered Bank of Australia shares have
receded to 2# and 24 (with 21. 101. paid.) Shares in
the English, Scottish, and Australian Bank, are now
officially marked at 4 and 3# (41. paid.) Those of the
new undertakings that exhibited any change in wiem
to-day are quoted below, viz.:—Besiers and Grain.
caste Railway, par to prem. ; Bordeaux and Cette
Railway, 4i to # prem ; Upper India Railway,
# to # prem.; Antwerp and Rotterdam Railway, #
to # prem. • Norwegian Railway, dia. to par;
Western Islands Screw Steam Shipping, nominal at
Ir to # prem.; Bank of India, Australia, and China,
t I prem. • Royal Swedish Railway, par to
prem.: Woodford Railway, par to # prem.; lien
Majesty's Theatre Association, #to prem.
The iTnicersal German Gazette states that a bank-
ing-house in London has offered to raise a loan for
Austria of ten millions sterling on very favourable
conditions for the government, but that the offer has
not been accepted. No credit can be attached to
this statement; as no one conversant with the posi-
tion in which the credit of Austria now stands could
imagine for a moment that so large a sum as ten
millions sterling could be raised in London on favour-
able terms for that empire.
The Derwentwatcr has taken out 26,3001. in coin
to Hobart Town. . _

Notice has been issued of the cancelment of 494
special bonds of the Danish Three per Cent. loan of
1825, amounting in the agmgate to 49,7001. This
is the 55th half-yearly purchase of this stock, so that
the amount afloat must be greatly reduced. The
regularity with which the operations of her sinking
fund are conducted is very creditable to Denmark,
and will have a powerful effect in stimulating the
confidence of capitalists.
The prospectus of another new banking institu-
tion, the " London, Australian, and Colonial Char-
tered Bank," was issued to-day. The capital is
fixed at 500,0001., with power to raise it to 1,000,0001.,
and a fifth of the shares is to be reserved for the
colonies. It appears to be contemplated to make
Australia the chief seat of the company's opera-
tions, but it is also proposed to establish branches at
the chief towns of the Cape Colony.
The " Boston and Midland Counties Railway and
Dock Company " is also upon the market, under very
influential patronage. The object is the formation of
a line of railway from Boston to the Ambergate Rail-
way at or near to Grantham, from whence an nein-
ten opted line now extends to Nottingham and all the
midland districts of the kingdom; and the construc-
tion of docks at Boston. The capital to be raised is
300,000!. in 201. shares.

Another new project is the " Brighton, Hove,
and Preston, Constant Service Water Company,"
with a capital of 60,000/. in 101. sham. The ob-
Pcts of the association are indicated by its title.
Precautions for the speedy extinguishing of fires in
Brighton and its vicinity also enter into the com-
pany's programme.
The second instalment of 21. per share on the pre-
ference share capital of the Namur and Liege Hail-
way falls due on the lit Nov.
The Belgian journals mention that the prelinainary
surveys for the railway from St. Quentin to the
Belgian frontier have been completed, and submitted
to the government. The length of this extension
will be 86 kilometres.

The quotations of stocks at Amsterdam on Thurs-
day arc thus reported by telegraphic express
Dutch Four per Cents., 961-16 ; ditto Two-and-a-Half
per Cents., 64 1-16; Mexican New, 231; Austrian
Five per Cent. Metallic., 78 3-16; Spaniels Now

banking department 14,189,182 Without alteration.
Othersecaritiss ht banking
department
Coin and bunko in both
..departments
Seven day and ether bills 1,466,439 Increase 60,852
The Rest
The Reserve 13,466,833 Increase 166,038
The changes in this return are, in a numerical
point of view, unusually trifling, and suggestive of
little change in the position of general business or
the money market. At the same time they are con-
firmatory of the statement made by us in the week
in question that the demand for money was no longer
so considerable. For the increase in the stock of,
coin and bullion we had already prepared our readers.
The comparatively small increase in the amount to cre-
dit of the Treasury is owing to the continuance of the
disbursements by the Bank for salaries and other
sources of expenditure, as usual at the end of the
financial quarter.

THIS DAY.—Two oTtocc.
There is a slight rally in the English stock mar-
ket to-day, and generally a more confident feeling
pervades the several departments of the House. Con-
sols were at ono time quoted 1001 to for time, and
are now called 1001 for cash, and 100; to for the
11th November. The Three per Cent. Reduced mark
99 to 3 ; the Three-and-a-Quarter per Cents , 1031
to Z; India Stock, 276; South Sea Stock, 1103;
Bank Stock, 224 to 2253. Exchequer Bills are
steady.
In the foreign department the features are a con-
siderablerise in Buenos Ayrean, and a rally in Turk-
ish and Spanish. Turkish scrip marks 71 to 8 pm.;
Spanish New Deferred Threes, 253 to 1; Buenos
Ayresn, 76 to 78; Danish 'Threes, 82; Venezuela
Deferred, 16.