The Express.
London, England, 1852-12-20 00:00:00

SATITILDAY IVINTDS.
Although a ministerial crisis usually exercises a
very depressing influence on the Mesh markets, the
removal of Lord Derby's ministry from elks is suc-
ceeded by a decided advance in the English funds,
much confidence being felt that the next administra-
tion will be imbued with greater strength. Consols
opened this morning at yesterday's eking rate of
1001 to 1, and finally left off at 1001 to 1 et div. for
the opening of the 18th Jan., being a farther rise of
I per cent.,aad the highest_ pries they.bies attained
fantasy mberthe, after ImMog allowante for the de-
duction of the January dividend. The advance is
the more worthy of notice from its occurring on the
dullest day of the week, and at a time when atten-
tion is so
.prominently directed to other securities.
The total rise since the defeat of the cabinet on the
budget is exactly 1 per cent. At the close the mar-
-1 ket was firm. The official business report is as
follows: Three per Cent. Consols, for the opening,
10014 ex div. Three per Cent. Reduced, 101 k, 1,
1. Three-and-a-Quarter per Cents., 1041, 4,1. Long
Annuities, 1860, 61, 7.16.
Exchequer Bills were supported at yesterday's
rate of 601. to 63e. prem.' but no business is marked
in the Juno issue. India. Bonds were purchased at
80s. pram.
Foreign stocks were neglected, except Granada
Deferred, which met with more inquiry. Spanish
Bonds are steady, and Dutch remains firm, with
dealings in the Four per Cent. at 100. The late
upward movement in these stocks is mainly influ-
enced by the fall in the exchange, the difference
being altogether in favour of holders, and it is noticed
that at the present exchange prices ought to be still
higher. For instance, if 12,000 guilders of Dutch
Four per Cent. stock were to be purchased here at
100, for which 1,0001. would be paid, the holder
would receive in Holland on the lit April, when the
next dividend becomes due, 12,240 guilders, in-
cluding dividend. Calculated at the present ex-
change of 11.10 for short, this would be equivalent
to 1,0371. 55., or to nearly 1031 per cent.
here. After making a moderate allowance for any
possible fluctuation in the exchange between this
and the dividend period, and also for the proportion
of dividend that has accrued, a considerable profit on
the operation is still shown. The list of the day's
sales is as follows :—Belgian Four-and-a-Half per
Cent. Bonds, 100 (exchange, 26f.) Brazilian Old
Five per Cents., 1021; ditto, Four-and-a-Half per
Cents., 1862, 981. Dutch Two-and-a-Ralfper Centt.,
681; ditto, Four per Cent. Certifs., 991,100 (exchange
12 guilders per £). Equador Bonds, di, 1. Granada'
Deferred, 121,131, 13, 1. Mexican Three per Cents.,
241, 1, Peruvian Deferred, 65. Russian Four-and-
a-Ralf per Cents., 1064. Sardinian Five per Cents.,
961. Spanish Old Three per Cents., 501, 1; ditto,
for account, 30th Dec., 501; ditto New Deferred
Three per Cents. for account, 231; the Committee's
Certif., Three-and-a-Half per Cent. Swedish Loan,'
die. Turkish Six per Cent. Loan, 11, II prem.
The excitement in all Australian securities oonti-
nued to-day with even greater intensity. The shares'
of the Australian Agricultural Company were run up
as high as 340, but, on some ales made by old
holders, relapsed to 280. The closing price was
about 2951. to 3051, after a very large business.
Buns fide purchases of these shares increased to-day,
and they were freely taken in lots of one to five by
the public. The sham of the South Australian
Land Company ranged from 66 to 78. Those of the
Van Diemen's Land Company were run up to 40,
but left off only 241. to 271. In all these securities
immense excitement prevailed. The rush ofpurchasers
of Australian and Californian gold mining shares
also continued, some of the former roaliaing 400 per
cent premium, and a strong demonstration was like-
wise made in favour of Australian Bank shares, all
of which were higher. In fact, in all securities con-
nected with Australia the mania has fairly set in.
With reference to the Australian Agricultural Com-
pany the subjoined will be read with interest. It
proves that on two of the three great estates held
by the compuy gold in plenty has been found, via.,
on the Peels River and Liverpool Plains estates :
TIM AUSTRALIAN AOIICULTUKAL COMPANY'S OOLD PIDLD,
_
LIYISPOOL PLAIDS.
_ _

Copy of a letter from John H. Dwbia, En., to the Chled
Commissioner of Crown Lands„ Sydney.
Crown Lands Office, Liverpool Plains,
July 7th, 1862.
81r,—With reference to my previous communications,
relative to the Hanging Rock and Piero River Gold
I have the honour to inform you that daring the last
meth but little progna has been made is developing the
tellolitelle of this field, owing to the constant heavy raters.
During the early pert of the month of June a few parties
took up claims on the Hanging Rock Creek (which creek
has been nearly deserted for other more favourable ground).
The men have been it ellvemunerated.

On the Oakiaville (vide my letter of 145th May, No.
52-250), but little has beat done in consequence of the sa•
perabundance of water; but the dry diggings are still
being worked and yield large returns.
The bank diggings on the "River Peel," wherever the
water permits of their being worked, are highly rents.-
relive and a few men whose claims were flooded, emu-
menoed last week to wash the surface soil from the alluvial
eats on the banks of the river, tad were averaging about
fifteen shillings a man per day.
The quarts ridge on the Australian Agricultural Com-
pany's lead, alluded to in my letter No. 62-260, and speci-
mens of which I bad the honour of forwarding to you, is,
I conceive, of great richness • and I have every reason to
believe that other quarts of equal richness will be found ex-
tending, not only over the Australian Agricultural Com-
pany's grant, but also over the crown lands on the right
backof the river Peel. The quarts vein on the Australian
Agricultural Company's grant is not at present being
worked.

The number of licenses boned for the mesa ei
were 188; for May, 223; for June, 210. A
number more licenses would have been issued Arius the
month of June, had it not been for the extraegglatery
inclemency of the weather; and I am informed on every
side of 'numbers who purpose coming to the field as Ken
sew warm weather sets in. Boma few of the late arrivals
have ammo from the Port Philip gold fields.
Having explained so fully m 7 view, and expectations
raganting the northern gold field in my letter to you, of 24,h
January, No. 62-18, I feel that any further re-iteration of
my opinions would be superfluous ; I nerd only say that
time has fully confirmed my first impression, and all that
is required is a sufficient supply of labour to develop the
rassurees of tho northern field.
It is my pleasing duty again to testify no to tho general
geed order which has prevailed amongst the miners, freak
the isirig of this gold field up to the time of my placing
Mr. As#unt-Commissioner in charge.-1 have, ele.
• -.et of Crown Lends.

Join, H. Doan%

To the Chief Commissioner of Crown Lands, Sydney.
The total sales of miscollaneous stocks
ffireporta
in the official list are as follows:—Bank o Aus-
tralasia, 821, 811,82, 1, 82 ; English, Scottish, and
Australian Chartered Bank, 61, 6, 61, j ; London
Chartered Bank of Australia, 61, 61, 01, 1, 611;
Union Bank of Australia, 711, 1, 71, 72; Chartered
Bank of India, Australia, and China, 31, 1, ;
Australian Agricultural Company, 310, 280, 333,
280, 296, 270, 283, 280, 303; South Australian
Land, 79, 70, 78, 63; Van biemen's Land, 40 30,
40, 27 ; Eastern Steam Navigation (11. paid), 1,
11, 1 ; North of Europe Steam, 21; Peninsular and
Oriental Steam, 89 ex. div. end bonus; Australian
Royal Mail Steam, 61; London Joint Stock Bank,2ol.
Our detailed list of the prices of shares anew under-
takings is subjoined :—Besiers and °minimum Rail-
' way,ll to 11 pm. ; Royal Swedish Railway, to
pm.; Central Italian Railway, par to 1 pm.;
South Eastern, $ toy prom ; Hamilton and Toronto
Railway, par to prom.; Danish Zealand Railway,
to li per; Lab Coaatoace and Sala Railway,