The Express.
London, England, 1852-08-19 00:00:00

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MONEY MARKET.

WIDNINIDAT EVENINO.
The English stock market showed some weakness
during the earlier hours of business to-day, but in
the afternoon a much sti eager feeling prevailed, and
at the close a slight improvement on yesterday's
prices had been established. Purchames were again
made to-day by the Bank broker, and firmness was
the prevalent characteristic at the termination of the
market. A feature very much in ravour of pricy is
the general scarcity of stock. Very high rates have
been offered for a large quantity of stock for imme-
diate delivery, but the intending purchaser could
not be accommodated. Consols were done in the
morning as low as 081 for cash, but subse-
quently went up to 991, and left off 991 to
1, both for money and the account of the
Bth September. The official business list is as fol-
lows :—Three per Cent. Consols, for money, 991,
981, 99/, a ; ditto. for account, 991, 99, #, 1. Three
per Cent. Reduced, 993, #, 100, f. New Three-and-
a-Quarter per Cents., 1021, #, 103, 21, 81. Long
Annuities, 1860, 6 15-16, 1. India Stock, 278, 274.
Bank Steek, 224, 2251, 226.
The March Exchequer Bills are very firm. Sales
were made at 76a prem., but the price closed the
same as yesterday, at 741. to 775. prem. The June
Bills seroain quelled 68s. to 71s. prem., with a trans-
action at 725. India Bonds mark 88s., 875.. and 90s.
prem.
The foreign department wee altogether quiet, with
the exception of Granada Bonds, in which there was
great excitement consequent upon the intelligence
contained in the Jar rear relative to the practica-
bility of a canal through the territory of this
Republic, negotiations and surveys for which have
for some time been carried on. The Deferred Bonds
rose from 81 to 12, and were last marked 111;
whilst the Actives advanced from 211 to 24. From
the spirit with which this speculative movement has
been pushed forward, and the influence of the parties
engaged in it, there is every probability of the price
being driven up considerably higher. Prices of other
stocks are little changed. Buenos Ayrean are flat,
and Mexican steady.
The interests of the Mexican bondholders are at
present so mainly dependent on the action of their
committee, that we cannot refrain from embodying
the generally expressed opinion of the creditors, by
again urging on the committee the necessity of
having a formal protest drawn up by a notary, con-
taining a statement of the grievances which were so
ably laid before Lord Malmesbury by Messrs. Carl
and Sadleir, and lodging it with all formality with
Col. Facio, the charge d'Affaires of Mexico, and the
financial agent of that government. The committee
ought also in this protest to claim all the former
sums due from Mexico, but which were given up by
the bondholders on the expresv condition that the
reduced dividend should be paid with punctuality.
The
.great value of this protest would be,
that in the event of a firm government being
established in Mexico, whether by an internal or
external movement, or even if such a contingency
should arise as the absorption of the country by the
United States, there would remain a record that the
bondholders never lost sight of their original claims,
which they are now entitled to demand in all their
integrity, in consequence of Mexico not having kept
its part of the contract. It is hoped that in the
present posture of Whin the instructions of the com-
mittee to Mr. Falconnet will be very stringent, and
that the duties belonging to the bondholders, which
are collected in the Tenons Mexican custom-houses,
will be remitted to London as rapidly as possible.
Protests ought also to be handed in by him,
as agent and representative of the creditors,
to both the executive and legislature of
Mexico. By carrying out strong measures of this
description, the committee will be entitled to the
commendation of their constituents; but, in due re-
gard to the interests confided to their oese, they
ought not to atop here, but take steps for efeeting
union of action on the part of all the holders of
Mexisan bonds, Dutch and French holders being of
course as much aggrieved by the bad faith of the go-
vernment, as the British creditors. In this sense,
communications ought to be opened, as already urged
by us, with the holders of bonds in Paris and Am-
sterdam; copies of the protests sent them; and the
French and Dutch governments moved to assist Mr.
Doyle in the remonstrances lie is about to make with
thiMexioan government in pentanes et die instruc-
tions despatched to him by Lad Malmnabegy. In
this latter movement the committee will doubtless be
greatly aided by Mr. Lapel, one of their umber,
whose assistance was found so valuable by the
Spanish bondholders at the time when the negotia-
tions for the settlement of that debt were being
maned on.

The list of the day's foreign stock transactions is
as follows :—Austrian Five per Cent. Scrip, 41 prem.
Buenos Ayresn Six per Cents., 72, 711, 72. Dutch
Two-and-a-Half per Cents., 84, 831, 64}; ditto
Four per Cent. aril/keno, 98. Grenada One-and-
a-Helf per Cent. ex December, 1849, Coupon, 211,
22, 24; ditto Deferred, 81, 9, 101, 10, 12, 111.
Mexican New Three per Cents., 251. Peruvian
Deferred Three per Cents., 801. Hunan Five per
Cents., 1201; ditto Four-antki.Half per Cents.,
1041, 1. Sardinian Five per Gots., 94i. Spanish
Old Three per Cents., 484, 1.
The following communication hes talsrenee to the
claims of the bondholders of ikenainn It is to be
feared that in the present dhlidel state of the
country, and in face of a threshed invasion, the
government of the republic MA be bed somewhat
deaf to the remonstrances of its hedge creditors :
ECUADOU Dam
Committee of Spanish Ameriona Bondholders,
8, Broad-street. buildings, Aug. 18,1862.
Kr. Moat* whom the Commaines of Spanish American
Bondholders despatched al their seeldrioner to Guayaquil
(the present seat of Ecuador peuenest), writes from that
place, under the let of last mon* that is consequence of the
existing troubles of the emollea be had not yet been able
to commence active preeseibie with regard to the principal
object of his Winton. Masatime her Majesty's consul bad
promised him his co- whenever the time should sr-
' rive of its being available. At present there was only •
provisional government under General Urbino, who had
convoked a national convention to meet on the 17th July,
at Gua-Jaquil, when it is expected that, at the opening of
the session, occasion will be taken to notice, forcibly, the
just claims of the foreign creditors.
The Orestes has sailed for Port Phillip with
30,0001. worth of coin ; and the Southern Cross for
Hobart Town with 10,0001. The Madrid has taken
out 4,5301 in specie for Lisbon. The amount of coin
taken out by the Lady Jocelyn for the Cape and
Eastern markets was 21,4851., and not 50,0001. as
currently stated. By telegraph this afternoon we
have advice of the arrival at Liverpool of 336,557
dollars by the Arctic from New York. The Priscilla
is also shortly expected at Falmouth with 36,000 ox.
of gold from Pernambuco.
The Prince of Wales has arrived off tho Wight
with 35,000 ounces of gold, worth in this market
140,0001. The dates from Sydney by this arrival
extend to the 9th May. The Duchess of Northum-
berland had sailed with 4,594 ounces on the 23rd
April, and the Johnstone with 9,099 ounces on the
Bth May. With reference to the actual yield of the
Australian gold fields during the year (twelve months
having just expired since the first discovery of the
precious metal in those ;colonies) the Sydney Morn-
my Herold affords the following valuable statement :

ounces.
Exported from Sydney to the Bth May 3103,794
Estimated to be now lying in harbour 50,000
Estimated in banks and private bands
in town 40,000
Itatgatatad at mime 20,040

Makin" a tohl of
From which &duct the amount re-
ceived from Victoria
Leave. the oroductinn of New South
Wales for the year at - 366,733
Exported from Melbourne to 23rd
April 068,682
Estimated in banks and private haus&
at that port
Reheated at the minra 60,000
-- --

Making the total produce of the tw3 colonies in 76(1,682
an 12 maths maces 1,124,415

Taken at its intrinsic value of 41. per ounce, we
have here an aggregate of 4,497,8801. According to
the last accounts, 311,000!. worth of the precious
metal had arrived at Adelaide by overland escort ,
from the Mount Alexander diggings; so that we
have a grand total of full 4,800,0001. sterling as the'
result of the first year's operations, conducted, as is
well known, under great disadvantages. The sale
of licenses in New South Wales up to the end of
March had produced 48,171/., and in Vic-
toria 74,0791. The escort fees in the for-
mer province for the same period amounted
to 4,3101. • and in the latter, to 8,124/. It is evident
that the financial position of these colonies must soon
become highly prosperous, with new sources of re-
ceipts of so lucrative a character as these ; end it is
to be hoped due liberality will be shown in apply-1
iog their increased resources to the promotion of the
general welfare by the inauguration of the various
improvements called for by the altered state of
things. With respect to the actual increase In the
1 population of New South Wales, it appears that the
arrivals from England during the year have included
4,029 persons; from California, 2,219; from the
Austvtilii eek‘nice, 8,915; and from foreign ports,
I,732—making a total of 14,916. On the other hand,
329 persons had taken their departure for England;
898 for California ; 6,225 for Port Phillip and theother
Australian colonies ; and 221 for foreign ports ; in
all, 8,733. This shows an excises of arrivals over
departures to the number of 8,242 persons only.
When the numerous emigrant vessels that have left
the shores of Great Britain, the United Stetcs, and
other countries, shall have arrived out, the aspect of
these returns will be very different.
Transactions in miscellaneous joint stock shares
have received a check from the fluctuation in the
English feuds and railway market ; and hence we
have to report a pause in the demand noticed by us
from time to time for many months past.
Thera hos been less business in Bank shares this
week, but prices remain firm. Sales are recorded as
follows :—Colonial (251. paid), 101, / cx div.; Lon-
don Joint Stock (101. paid), 18/, 19, ex div.; Lon-
don and Westminster (201. paid), 321, ,/, 1,1;
South Australia (231. paid), 25; Union of Australia
(261. paid), 47, 4 ex div. ; ditto, New (21. 10s. paid),
51, 6 ; Union of London (101. paid), 17, 18/ cx div.
Shares in the New London Chartered Bank of Austra-
lia were quoted to-day 2to 21 prem.
Dock stocks, owing to an absence of active inqui-
ries, have not quite maintained their late advance,
but prices are, on the whole, steady. Commercial
stock is marked 105; East and West India, 1871,
188 cx div. ; London, 131, 130 i ex die.; St. Katha-
rine 95, 931 ex div, Shares in the new Victoria
Dock were done to-day at 21 to 3,1 prem. for the
settling.
Prices of steam-boat shares ere steady, without
any activity in the dealings. The last prices are :
Australian Royal Mail (41. paid), 4 ; General
Screw Steam Shipping, 601; General Steam Navi-
gation, 29, 4, 281, 29; Peninsular and Oriental,
84}, 83; ditto, New, 38; Royal Mail Steam, 801, 80.
Insurance shares are quiet. Marine shares are a
trifle lower at 17; and Sun Fire at 211; but Royal
Exchange stock has improved to 231.
Of Canal shares the latest Stock Exchange quo-
tations are subjoined :—Ashton and Oldham, 135,
140; Birmingham, 100, 101; Coventry, 200; Grand
Junction, 491, 50; ditto, Six per Cent. Guaranteed,
111; Leeds and Liverpool, 600; Loughborough,
610; Oxford, 136; Regent's, 17, 1, ex 81v. ; Staf-
ford and Worcester, 406; Stourbridge, 290; War-
wick and Birmingham, 40.
Prices of this and Coke Companies shares
range es follows :—British Provincial, 19; Brighton,
18; City of London, 125 j Continental Consoli-
dated, 48 ; Equitable, 26; Great Central, 14} ex div.;
Imperial, 73 ex div.; Independent, 48; London Par-
liamentary Preference, 26-; Phoenix 281 ; United
General, 21, 201 • Westminster Chartered, 381.
WaSonsorke skidoo ego Ilio =fad ;--Zut Los.
`don, 186 et 111,e.i Arad ' 4181 -Kat, 83 ;
New River Company, 80; West Middlesex, 1011.
Miscellaneous snares are quoted as follows in the
official list :—Assam Tea Company, 101; Auction
Mart, 28 ; Australian Agricultural, 20; Canada Com-
pany, 60; Hudson's Bay Stock, 216; Hungerford,
47; London Institution, 5; Price's Patent Candle
Company, 241 ;South Australian, 221.

THIS DAY.

Two o'Cioox.
Tho tendency of prices in the stock market con-
tinues favourable. The English funds and railway,
shares have to-day equally experienced a further im-
provement. Consols have ran between 991 and
ged
991, and are now steady, at 99i to f both for money
and account. The Three per Cent Reduced mark
100 to 100 f; the New Three-and-a-Quarter per
Cents., 1031 to j. Bank Stock, 226. India Stock,
274. The unfunded securities are quiet.
The excitement in New Granada stocks continues.
The Active Bonds have been done at 24f to 261;
and the Deferred at 12 to 13; the last prioe
marked for the former is 231, end the latter 12.
Mexican Bonds have improved to 26f, and Equador
to 4f. Peruvian Actives mark 1011; ditto Deferred
Threes, 601; Spanish Old Threes, 481; Dutch Fours,
981; Buenos Ayrean, 71 to 721.

LATEST FOREIGN EXCHANGES.

_
PARIS, Ate. 11. roe .
Money.
I'Openly/ 11*beat. LoweaL Cloaine
1—
6 per LialL
11 per 04011 lO6 50 ' IN In 104 95 ios as 1101 ao
1 per Cents.
3 per Cents
3 per Cents. New I.oan ~.
. Eactianes on Lawton : staled. 36 30 ,90 411 P, 73 20.
Do. 1
Ilalglan, 3 pert:LlN
losnan O 1021 Haney INa l** Rents lOl 13 Mons;
953 — . 3 1 ...
Do. 1 7311 Do. lalow MM $7 ..
liedmont S p.Ct. 96 90 ...
. i Treasury Boatel ... ..
Do. 5, 1831 —._ I Dank Mares ...... 2390
PAIIIII, Atm. 18.—St. Germain 1,140; Versailles 6flllll
bunt`,—, ditto (left bank), 32730; Parii and Orleans, 1,412 30 t Pere
and Roues, 970 , Bonen and Ila 303 75; Marseilles and Aviesae.
—; strasbonry and Bale, 303 73; 657 60; Part, and ,4..,
',owe, 647 60 ; Path and Lyons, 7111 OS; Lycra& Mignon, 39790 ;1
Illenterean and Troyes. 216; Olelit. ; Dime and FIPIOUIPI
170 ; Paris and Seam, —;
m 4
lerisanz and WIWI. 165 ; Kent.
pallier anlCene, —; Oran( 01ea11.2114 ammo et Bt.Dirier I
Dray, 343.

Pot Account.

[THREEPENCE.

MINES:

WEDNESDAY EVENING.
The market for mining shares has been rather
more active to-day. A demand has sprung up for
Alfred Consols shares, which have advanced 1/. to-
day. Sales have taken place in Alfred Consols, at
134, 15; IVhcal Arthur, 231, 24; Great Alfred,
261; Tincroft, 13! ; South Tamar, 5; ; Linares,
21.• Cubert, 255.; Wheal Robert, 245. 9d.; NVheal
Sa4h, 4s.

The gold mining shares remain neglected. In-
deed there has been lens business in this department
of late than at any period since this branch of mining
took up a legitimate position iu the market. Nou-
veau Monde shares were a shade firmer, and there
hare been a few transactions in Colonial Gold shares.
In other descriptions nothing is doing.
Anglo Mexican Mint shares mark 22 in the offi-
'cial list.

Sydney advice. to the Bth May mention that the
news from the mines continued of 'an encouraging
character. The receipts of the week by escorts and
mails amounted to 14,0001., besides which 12,000
ounces of gold had come in from Melbourne. The
price was firm at G3s. 6d. to Ns. r,t 4:r. Therg
were large parehmers of the precious metal in the
market, and no lees than 20,000 ounces had been
bought privately at 61s. to 645. 3d. per ounce.
Owing to the eagerness of buyers very little of the
gold dust was submitted to public competition. Gold
dust was beginning to be regarded as the best form
of remittance to the mother country. The writer of
the gold artiele in the Sydney Morning Herald, after
recapitulating the first large shipments, and specu-
lating on the sensation which their arrival would
probably excite in England, proceeds to observe:—
From these facts it is reasonable to infer that English
speculation and enterprise in relation to Australian gold
mining is as active and sanguine by this time as it was at
first apathetic and inoperative, the natural consequence of
which will be an immediate increase of mining immigra-
tion and rapid influx of British and foreign capital. Looking,
then, as the critical stage in the progress of our golden
commerce at which we are now arrived, there seems no sub-
stantial ground for apprehension of receding rates. In the
meantime operations at all our mines proceed iu a manner
highly gratifying.
The Copiapo Mining Company have received ad-
vice. dated 20th June. At Checo copper mine, the
prospects have somewhat improved: in the wince
now being sunk below the 30 the lode is two feet
wide of superior ore, in the 40 also the lode is wide
and producing some good ore. At La Heins, in
sinking below the 20, the lode is 6 feet wide. t0m-
.2964 of ittig!..t." intermixed with solid and rich de-
posits of copper. The San Augustin mine is looking
remarkably well, and from several places now being
wrought on, a fair quantity of ore is being raised.
In each of the three shafts now being sunk, there is
a lode varying in size from 2 to 3 feet, very orey
throughout. Also the 20, 12, and adit levels, are
producing well, and the ,topes in the backs of the
aboi,e levels are yielding a fair quantity of good ore.
The manager concludes his report by stating that,
" without referring to the steady and gradual im-
provement of the Flamenco mines, and to the rich
bunches of silver now being laid open in the Al fin
Hallada mine, from each of these the returns may
be expected to increase monthly, but in neither of
which is there being so much work done as could be
wished, in consequence of the want of native la-
bourers."