The Express.
London, England, 1852-06-28 00:00:00

63 63

,
The English stock market opened with a firm ap-
pearance to day, but closed at 'decline of :per cent.,
a de pressing influence being again exercised by the
intelligence from the other side of the Channel. Re-
ports were received from Paris of the intention of
the government to raise a loan of 8,000,000'. sterling.
Although it is assumed that such an operation may
eventually become imperative on the President's
cabinet, still it is generally believed here that such
a step will never be taken unless under stringent
circumstances, since a borrowing operation must
give a great blow to the numerous railway
echernes which Louis Napoleon has shown him-
self so anxious to promote, whilst the prestiye of his
government could proportionately suffi±r. Ilowever,
sellers of Consols offered till the close of the market,
and the price, which in the morning stood at 100„
closed only 1004 to Zex die. for the 10th July. The
depression of course extended to the otheadepartments
'of the Stock Exchange, in all of which prices were in
decline. Some allowance, however, must be made for
the timidity of speculators, who are averse to keep-
ing their accounts open under the uncertainty till
the Monday. Should the report not be confirmed, the
buoyancy of the market next week will pro-
bably be shown very decidedly. The official
list of business is as follows :—Three per
Cent, Consols for money (shut), 102, 1011,
with dir.b, ditto, foe the opening, 1004, "
et. di?. ; Three ptir-rttf. Reduced, 101 i, 4, ;
New Three-and-a-Quarter per Cents., 104.4, ; Long
Annuities, 1880, 61 ; South Sea Old Annuities, 1001 ;
Bank Stock, 224
The unfunded securities remain stationary. Ex-
chequer Bills, March, aro worth 765. to 795. prem. :
ditto, June, 09s. to 725. prem.; India Bonds, 88s. to
91e. prem.
Foreign Stocks were rather flat, especially Mexican
and Austrian Scrip, but there was little actual change
in prices. Bargains are marked as follow :—Austrian
Five per Cont. Scrip, 4, 31, prim. Buenos Ayres Six
per Cents., 78!. Chilian Three per Cents., 70.
Danish Five per Cents., 1031. Mexican New Three
per Cents., 271, 281, 27. Peruvian Deferred Three
per Cents., 001. Portuguese Converted Four per
Cents., 38; ditto for account, 30th June, 381. Rus-
sian Five per Cents., 1171; ; ditto Four-and-a-llalf
per Cents., 105. Sardinian Five per Cents., 941.
Spanish l'essive Bonds, 6, .51; ditto Old Three per
Cents., for account, 4974, 1; ditto New Deferred
Three per Cents., 221,
There is no cange of importance in the rates of
money this week, the market remaining extremely
easy. In the week after next the dividends
on Consols and other government stocks will be in
course of payment, and will tend to increase the
amount of capital afloat.
The next public wool sales are fixed for the Bth
July. The quantity of Australian and Cape wools
now in stock here is about 35,000 bales.

The imports of specie and bullion this week have
again been very large, owing to the continued influx
from the United States and Australia. Our usual
weekly summary of the arrivals is as follows: By
the Cambria, from New York, 137,000 dols.; by the
Arctic, from the same port, 450,000 dole.; by the
Magdalcna, from the West Indies, 1,176,732
dots., of which 497,492 dots. were in silver,
and 679,240 dole. in gold; by the Tagus,
from the Peninsula, 1,0381. ; by the Cornelius Grin-
nell, from New York, 106,000 dollars; whilst from
our Australian colonies the following vessels have
come in—viz., the Quito with 8,0001. in gold, the
Windermere with 20,000/. worth, the Australasia
with 2061. worth, the Syria with 14,303 ounces, the
Regina with 10,2116 ounces, the Helen with 1,300
ounces (as reported this afternoon), and the Christabel
with one box of gold dust, value not ascertained.
The total value of these imports may be stated at
nearly 520,000/.
The exports direct from London have been unusu-
ally restricted, including only 1,025 ounces of gold
and 13,100 ounces of silver, of the aggregate value of
about 7,200/. The account in detail for the week
ending Thursday is as follows : Gold coin : To
Hamburg, 400 ounces; to Adelaide, 625 ounces.
Silver coin: To Boulogne, 1,200 ounces; to Belgium,
6,000 ounces. Silver bars: To Boulogne, 5,900 oz.
There was also a shipment of copper coin to Ceylon,
to the value of 2,6001.
The only export from the outports reported to as
is specie and bullion to the value of 111,3081. by the
Itipou (as already noticed by us) for Alexandria and
the cast. This makes the total exports nearly
117,000/. The vessels leaving for Australia are
taking small sums in gold; but these will not invali-
date the result arrived at, of a vast preponderance
of imports over exports. •
From Herapittles Journal w. extract the following
analysis of the railway traffic returns for the last
week on all the lines in the kingdom :
Aggregate Number Average
amount of miles rem ipt per
• received. open. attic.
1852 .... £255,620 6,693 £l4 0
1851 ~.. 359,529 6,377 48 11 0
1850.,.. 266,783 5,790 46 0 0
'she Railway Times estimates the total receipts
since January 1, as under :
Aggregate Number Average
amount of miles receipt
.'pen. per mile.
1832 .... £6,472,271 .... 6,5.55 .... £987 7 7
1831 .... 6,180,139 .... 6,274 .... 98.1 0 91
1810 5,345,279 ~., 6,774 .... 960 7 9
After an unexampled delay, the Board of Trade
returns for the month, and four months, ending the
sth of May last, have made their appearance. From
a statement made in parliament, it appears that the
delay is owing to an alteration in the mode of ren-
dering the shipping returns, in which the steam
vessels arc now distinguished from sailing
vessels. Of course there can be no objection
on the part of the public to having
the results placed before them in the most lucid
manner possible; and in this respect, it is agreed, on
all hands, there is yet great room for improvement
iu these government tables; but at tho same time
general dissatisfaction has been naturally expressed
at the inconvenience to which many of our chief
trading interests have been subjected, and it is urged
that the government officials ought in any case to
have had at hand the materials requisite for the in.
troduction of the new system. As the succeeding
months returns will be due in about ten days, it will
be so n that these figures arc deprived of much of
their interest. The statement of the aggregate ex-
ports of British and Irish produce and manufactures
during the month and four mouths, is as follows:
For the month. For four months.
1852
1851
13511
Although these figures show a deermuieon both the
month and four months, as compared with 1851, it
is so trifling that no unfavourable inference can be
drawn, the more especially when it is considered the
eumpurison lies with a period of great prosperity.
Compared with 1850, the increase on the four months
is no less than 1,776,664/. The conclusion presented
is, that trade continues in a state of healthful ac-
tivity under the encouragement afforded by our libe-
ral ceminerciel system.
(In examining the chief item' of export, we have
similar results in most cases.

The exports of cotton manufactures bare been as
under:

Fur the month. For four months.
1854
lAA
1 s:x)
- ... ._ .

. . ~ .
The falling off is chiefly in this item. Cotton yarn
shows a bteutly increase, being as follows :
For the month. For four morths.
1852
1831
Fur woollen, of all descriptions trade up to the
present period of the yenr has been in excess of
former periods. fhe figures stand as under :
For tlu., month. Fur four months.
185
1851
1850 ...... 695,157