The Express.
London, England, 1852-01-03 00:00:00

MONEY MARKET.

THIS DAY.

Two o'Cr.oeit

The English stock market to-day hiiiiContir;Ueito
wear a droopV. appearance.is The undecided posi-
tion of the was an influence in restrict-
ing business, ind thus affecting prices ; but
the chief si%et hen been produced by re-
ports of further mercantile difficulties, the namo
of one house in Mineiug-lane being more especially
made fres with. Under these circumstances, the
Ail on the Paris Bourse has no sympathetic action
-here. In connexion with the present state of the
market, we may mention that sales of stock on ac-
count of a public body are believed to have had con-
siderable influence lately.
Consols opened this morning with a quiet appear-
ance, at yesterday's dosing rate of 97 to 4 ex div. for
16th of Jan., but sales were soon made as low as es t,
and the market has since only partially recovered,
esi to 97 being the rate sow current. No stock
would appear to have been extensively dealt in,
but "sellinge' preponderate. The business figures
are:—Three per Cent. Consols, for account, 97,.96/,
=vs. • Three per Cent. Reduced, 971,1 ; New
rile-Quarter per Cants., 981, I, 4. Bank
• Stook is rather bsttsramakiai 2164 and 214.
flare' triellterbeines doing in P4rhnwr
Bills, and the price remains nominally supported at
Hs. to 675. prem. India Bonds, however, have been
more freely dealt in, and have realised the improved
rates of 675. to 70s. prem.
Foreign stocks are well supported at former rates,
and we have to record a further rise in Spanish and
Sardinian, but Mexican Bonds are sensibly lower,
having been. sold at 271 for the account. The opera-
tions offering are not generally extensive, but to par-
titular stocks& good deaf of attention is still directed.
To-day's business list includes: Brazilian Old
Five per Cent. Bonds at 93. Danish Five per Cents.,
103. Dutch Four per Cent. Certificates, 91. Mexi-
can Bonds, for account, 271. Peruvian Five
rr Cents., 1849, 94 ; ditto Deferred, 471,
Sardinian Five per Cents., 88, 871, 881.
Spanish Active Five per Cents., for Account, 221,
4; ditto Passive, 01; ditto New Deferred Three per
Cents., 171, 1.
The market for the gold mining shares is firmer,
and quotations have improved a shade. The settling
in the English and Australian Copper Company's
shares, fixed for Monday, engages a little attention,
the quotation ruling at 1 to 1 prem.
There has been a fair average amount of business
in the American stock market this week, and prices
are well supported. Present quotations are stated
as follows by Messrs. I). Bell, Son, and Co , to which
we have added the latest rates at New York, as re-
ported by Messrs. Cammann and Whitehouse :
Redeem. London New Teak
al4e. tike.. Priem
United States 5 per Ct. Ede 1633 91 93 100 1011
17094 6 per Cl. Oda.
Do. 6 per Cl. dn. 13611 104 1031 118 111
Ds 6 per Ct. Week 13474859 103 1. a 116 117
Pennsylvania pee Ct. hawk 511 83i VI 911
Narachwetta per Ct. Sterlial
beds
31anl.sd 5 pee Cl. Reeling MN — 11$ 8116 936 97
Canada 6 per Ct. Bonds 1876 1011 109
Boston litCT 3 per Cr1 92 93
IMetzeal City 6 per C
Philadelphia and heading Rail
road 6 per Ct. Native ltda lB6O 73 73
The report delivered at the London Dock meeting
held today shows an increase of tonnage of 9,232
tons for the last half-year, an increase of earnings of
4,6281., and an increase of disbursements of 3,6341.
The usual dividend was declared.
The tendency in the market for foreign exchanges
yesterday was rather downward, the demand for bills
exceeding the supply. Short Paris ruled at 23.20,
at which rate numerous transactions took place ;
ditto 3 months, was 23.33 to 40. Paper on Belgium
sold even a shade lower than Paris, the quotation
being 23.321 to 371. Amsterdam formed almost the
sole exception, the quotation looking up, and closing
11.181 to 4, with many bills remaining over unsold,
even at that rate. Hamburg was in request, and
eagerly taken, at 13.9/ to 10. Bills on Italy were
all a shade lower, especially on Leghorn, which was
negotiated at 30.80 to 821. Spain and Portugal pre-
sented no change, but a decided decline occurred in the
rates on Vienna and Trieste, which leave elf 12.6 to 7
for the former, and 12.6 to 10 for the latter. The
resignation of the Austrian Minister of Finance has
given satisfaction, but the announcement that Che-
valier Baumgartner is his successor does not inspire
much confidence. The rates negotiated arc as fol-
lows :

Amsterdam ...... par Short
Ditto
Rotterdam
Ileistrate sad Altos "
fraskintposobo-Maktemie SIO „
Unite per .0
retests

Priam
Tre negotiated.
at To
116 17etv. lIIL 174atv.
al IL Ihste. .. 116 194..
lid. lelstv. . 1914 v.
lOolb.
13041. Oki. —12016 Okr.
121. Ser. 121. ?kr.
176 7kr. .. 101 r.

..._ .... „ „

2.ltr. Wyo. ... Wt. 370.
tur. 34e. ... t 315. 371 a
2115. t3fr. 374 c.
"'lr. Ilia.

.
ott
lilt. ttj 2str..
$ Mandell. Us. ... Utz. Mr.
23fr. 371 ... tStr. Ltis.

........ 37i0
M. 570 ... 2Str. U 4..
M. Vo. ... M. 430.
13fr. 37ce. ... 251 r. 430.
3.51 r. 33e. ... 231 r. 60e.
Oar. 441 e. ... 30Ir. 1120.
2491 pew ... 401 peace
t peace ... 1
120 pence
130 prose ... 304 MOM
" 49 PIUMIPM:::; 'I.!! F 49 PeftepsampirnapPsace
9 pease ... 49 peers
....: gli peace ... 4 pees
Pee
peas
_.....ea per mike , 9.1 pence .. 421 pence
Oporto..
Peterobere ... for raid* , 33 ems ... 36pease
The quotation of exchange at Hamburg on Lon-
don comes quoted 1; schilling lower, at 13.6 for
short, and 13.41 for 3 months' bill..
The price of gold, yesterday, at Paris, was
about par (new tariff rate), which, at the English
mint price of 31. 17s. 1016. per ounce for stan-
dard gold, gives an exchange of 25.17- and the ex-
change at Paris on London at short being 23.20, it
follows that gold is about 0.12 per cent. dearer in
London than in Paris.
By to-day's advices the price of gold at Hamburg
is 4281 per mare, which, at the English Mint price
of 31..175. 101 d. per ounce for standard gold, gives
an exchange of 13.51; and the exchange at Ham-
burg on London at short being 13.51, it follows
that gold is 0.058 per cent. dearer in London than
in Hamburg.
According to the last accounts the course of exchange
at New York on London for bills at 80 days' sight is
110; per cont., and the par of exchange between
England and America being 100 23-40 percent., it
follows that the exchange is nominally 0.80 per out,
in favour of England. After making allowance for
difference of interest and charges of transport, we
find that the present rate leaves a small profit on the
importation of gold from the United States.
The account of the position of the Bank of Eng-
land for the week ending Saturday the 27th of
December is u follows :
SANK ON IX 9 LAI D.—anevos
4 1.1.1 ram
Neese Med ..... —.DO. 41300 '

iiamnia..—
i=ek.. co PP
Genoa
Legion «
I=o per ascot „
per OWNS ~
i:4lig :

iimiki; 7:

••• M
•.• N

woo

T tor tbe *vat weft Da. 17. IFSI.
'IISTIESST.
Oweromeet Dokt , 511.01'310
Other Sonrltl so 4,04.. n
0014 Clain so 4 DOI= 10.7105N15
ever Rake 33.376

L'0.714,280-

of
MeMon' °metal ... .1J 1.1V,.01
3,13151416
roblioOhl herbed.
Seer. Haab,
Onambo. of Natiosal
Dekkawl IMF. Asethl 9.0/0.144
Other Drieelte 9.2411.
rereerelararriother %Walt

04741.150
11•811011111 T.
Guareria
aided. bad Gaga
Assata ..... gl3.bd 937
~tardetarbas
bar.
Gad sad bilver Oda 1a5,734

/37,141,ZS I ,07114.2.81
Jae. 1,102. It. MAIIIIIALL. unlit 0.411,-r.
Compared with theme for the week preceding these
returns exhibit the following changes:
Circulation Mule £30,741,280 Decrease £73,9701
Circulation active 18,719,930 Increase 43,73.1
Public deposits 9,828,146 Increase 417,1124
Other dcpanta
Government securities in
banking department 13,291,937 Lanus 60,717
Other securities in banking
department
Coin and bullion in both
, departments