The Express.
London, England, 1852-09-20 00:00:00

MONEY MARKET.

SarTADAYDIO.
AN& were firm all the morning at yesterday's
abeebot in the afternoon they improved j, and after
Om wit bows were called a shade better still. The
nit pie 991 to 100, and closed, socording
Ile die report, at 100 to 1, but the after-hours'
pies was 1001 to 1. For the 13th October the
ireelletion ruled 1 more than for money. Bustness
was small, and thus the advance may be considered
imikatise of the general confidence in the stability
of the market.
There was no change in the floating debt. The
March Exchequer Bills were rather more feed/
dealt in at 72e. to 755. prem. The Jane bills wow
quiet at 675. to 70s. pram.; and India Bonds at 64e.
to 87s. prem.
The foreign bond dealings were few, but the tow
dency of the market was upward. Granada Da.
tarred, Peruvian, and Spanish were rather better.
Turkish scrip was steady at si to 91 prem., and after
the official hours was quoted 91 to 10 preen. Sales
are marked as follows :—Dutch Two-and-a-Half per
Cents., 65. Granada Deferred Bonds, 121, 1,1, 1.
Mexican New Three per Cents., 251. Peruvian
Deferred Three per Grits., 661. Portuguese Con-
verted Four per Cents., 381 ; ditto for account,
30th Sept, 39 Sardinian Five per Cents., for
smut, 951+96, 961. Spanish Old Timm per
Omen, 001, 1 ; after New Deferred Three per
Cents., 231, 1.
_Turkish Biz per Cent. Loan, 91, 1
prem.
The transactions in miscellaneous shares to-day
were not numerous. The
(y include—London Char-
tered Bank of Australia (21. 10s. paid), 4: ; Royal
Austnlianßanking and old Importing U. paid),
11; Crystal Palace, 5; Electric Telegraph of Ireland
(11. paid), it ; shares in the Upper Railway of India
have risen to I to 1.1 prem.; and Bordeaux and Cette
to 11 to 21 prem. French Crystal Palace are quoted
Ito 1 prem.; Beeler, to Graissessac Railway, par
to 1 prem. ; Richmond and Quebec Railway, 1 to ?,
prem. ; English, Scottish, and Australian Bank, 11
to lt prem.
As we took occasion is notice in the course of the
week, the money market is rather tighter. For the
discount of first-class bills lt per cent. is now readily
given, and for money on call 11 per cent. In fact,
the terms for discount may more properly be called
It to 2 per cent. A temporary tightness is fre-
quently experienced during the shutting of the
books, prior to the payment of the dividends, and as
trade is brisk, and joint-stock enterprise more lively,
the effect is felt rather more sensibly just at present.
The directors of the Irish Land pany have
made a call of 51. per share.
The demand for tallow for New York, which has
lately been noticed as a novel feature in this market,
continues ; and 40s. is offered for St. Petersburg tal-
low to arrive in October, for transhipment to Ame-
rica. It is a somewhat novel circumstance for the
United States tobeapurchaser in the European tallow
market.
The movement of specie and bullion is now exciting
great and deserved attention. Our returns this week
are remarkable for a very decided excess of exports
over imports—a result that has not been noticed, to so
considerable an extent, for a very lengthened period.
The week's imports have comprised only a sum of
171,480 dole. by the Canada, and 300,000 dole. by the
Atlantic, both from New York ; and 1,3001. by the Iberia
from Gibraltar end Lisbon, the total value being only
about 95,0001. sterling. Large remittances of gold
dust are known to be coming forward from Aus-
tralia, but none have reached our shores this week.
The Parana is also daily expected with a considerable
sum from the West Indies.
On the other hand the shipments have again been
unusually heavy. The Custom-house account of the
exports of the precious metals direct from London
during the week ending Thursday is as follows:—.
Gold coin: to the Mauritius, 0001.; to Hamburg,
1,000 as.. Gold bar: to Hamburg, 1,270 ox. Gold
dust: to Havre, 180 ca. Silver coin : to Rotterdam,
10,550 ox.; to Madras and Calcutta, 233,000 ox.; to
Dunkirk, 8,000 oz. ; to Belgium, 13,500 oz.; to Ham-
-21,600 oz.; to Bombay, 20,000 oz. Silver bars:
to Madras and Calcutta, 67,160 oz.; to Dunkirk, 2,000
os.; to Hamburg, 3,200 oz.; to Bombay, 22,000 oz.
This gives a total of 2,450 ounces and 8001. in gold,
and 411,010 ounces of silver, of the aggregate value
of nearly 120,000/.
We have also returns of the shipmentof 88,2581. to
Calcutta, the Mauritius, and Madras, by the General
Screw Steam Shipping Company's steamer Indiana,
20,0001. in coin by the Waterloo, and 30,0001. by the
Rattler, both for Elydney ; 3001. by the Prince of
Wales for Geelong, 6001. by the Duke of Wellington
for Sydney, and 2,4001. by the Magdalena for the
West Indies. The shipments of the precious metals
by the Peninsular and Oriental Company's steamer
Bentinck, which will leave Southampton for Alex-
andria on Monday morning, sum up no less than
347,0791.,distributed asfollows :—for Bombay,in silver
199,2221.; for Alexandria, in sovereigns, 25,2111.;
for Calcutta, silver, 76,2111. ; for Singapore, silver,
21,6801.; for Aden, silver, 1,3901.; for Madras,
silver, 14,5501. ; for Hong Hong, gold, 330/.; for
Canton, silver, 8,4651.
It should perhaps be noticed, however, that some
portion of the shipments by the Indiana may be in-
cluded in the Custom-house account of the exports
from the port of London, as above furnished. On
summing up the exports from both London and the
outports, we find an to shipment of rather
more than 600,0001. We thus arrive at the rather
astonishing fact that, upon striking a balance be-
tween receipts and shipments, this country has been
drained of the precious metals during the week to
the extent of more than half a million sterling. The
metal so sent off is chiefly silver, and the quarters
for which it is destined India and the continent.
With respect to the proposed negotiations between
the London and North Western and Great Western
Companies, the .Railioay Times observes :
No answer to Mr. Olyn's letter of the 28th August has
as yet been transmitted from Paddington. This delay, we
are aftaid, may be found to issue in the fact that the ex-
pected missive will declare the correspondence at an end.
All idea of amalgamation at present must be given up. As
to equality of rates, or division of traffic, time and circum-
stance, we believe, will have to be the ultimate arbitrators.
The Birmingham and Oxford fares, it may be taken for
granted, will not be Mee than those authorised by the in-
corporating act, end, ismild the Boston-square authorities
feel balked, their maraaaes to obtain an increase of the
madman draws h not likely to be rejected. It is not
kagrabahin timahn, that the correspondence which has
tahan pima aka kelf-yeady meetings may be published
*Wag ananigyeek.
From Ilertratils Journal we extract the following
et the railway traffic returns for the last
7e2the all the lines in the kingdom :
AgripS9 amount No. of Average receipt
resolved. miles open. per mile.
1862 .... IMAM 6,801 £49 3 0
1861 .... 339,102 6,506 62 2 0
1860 .... 287,488 6,161 46 15 0

The Railway nmes estimates the gross receipts
for the whole kingdom, since the lit July, u
follows : _

Orme amount No. of Averse receipt
received. miles open. per mile.
1862.... £3,496,734 6,692 £630 6 0
1861.... 3,660,064 6,326 678 11 0
1860.... 3,041.639 6,937 612 8 0
The Irish Bank returns for the four weeks
ending September 4, 1852, are as follows :