The Express.
London, England, 1852-01-15 00:00:00

145 150

highly important accounts have this morning
reached the city from Port Philip, by which it ap-
pears that an intense degree of excitement had been
produced in the public mind by fresh discoveries
of gold fields of extraordinary extent. 'rho
.Melbourne Daily News, after giving the particulars
of the finding of a half-hundred-weight of gold,
which had just reached that town, is,ued a post-
cript, with the still more wonderful intern-
' Fence of a party of fourteen men having
just brought in other parcels to the amount of nearly
a hundred weight. The police force, we learn front
the Oheelong Colonies, were escorting 17,0001. worth
of gold into Geelong, and at the Ballarat gold field
upwards of 2090 persons were assembled in a stateof
high excitement. A large quantity of gold was
waiting to come down from the mines, and two
gentlemen had brought in 7001. or 8001. worth front
Buninyous. Altogether the discoveries are stated by
the local journals to exceed anything known even in
California,

The extreme rates at which bargains have been
concluded in the more speculative descriptions of
foreign stocks during the account now about to ex-
pire are subjoinA :

Highest. Lowest
Mexican Bond+ 391 27f
Peruvian Five per Cents., 1819 95 91.
Sardinian Five per Cent. Bonds 931 8$
Spanish Active Five per Cent.., 24 21
Ito., Uld Three per Cent 42 40/
Do., New Deferred Three per
Cent l9l 171
The stocks above specified have met with a pecu-
liar degree of favour on the part of speculators
during the fortnight, and a very extensive business
has been dune in them, accompanied by a corre-
spondingly heavy fluctuation. Sardinian Bonds, it
will be seen, have varied from ;to Si prem. The
settlement now in progress in the foreign stock
market is consequently of unusual importance. 'fho
fluctuation on most of these stocks has been 9 per
cent., and on Spanish Deferred Li per cent.
The effect of the dividend period, though counter-
acted by political considerations in the stock and
railway share markets, the extent of which affords
inducement to extensive speculative operations, is
now sensibly felt iu the general joint-stock share
market. Investments in bank, dock, insurance, and
other shares meet with much favour, and the prefer-
able stocks arc being quietly picked up, prices exhi-
biting a steady upward tendency.
The subjoined table shows the extreme prices at
which business has been dune in the principal rail-
way stocks during the account now closing :
taut. Highest. lowed
50 Caledonian ui
Itl Eastern Counties
25 Oren Northern
100 Crest Western
‘11:1
100 Isanceughtre and Yorkshire
100 London, brienten, and donth Coast
100 London and NorthlWrstern , ....
18897:821
115
100 London and South %%often:
100 Manchester, Sheffield, and Uncohasialre ... 116
100 111.11 sail li
Ell
174 North Staffordshire
30 South F.astern
U York. Nenuatle, & Bend* l9
60 Tort and North Midland
The railway share market during the fortnight has
been very sensitive, as is usual at this period, when
rumours, whether well or ill founded, as to dividend
prospects, uniformly exercise a considerable effect
upon prices. An evident disposition to look forward
to higher rates was at one time evinced, but latterly
the course of the market has been decidedly unfavour-
able, and all quotations have undergone a downward
fluctuation. As compared with the rates that ruled at
the commencement of the fortnight, the decline is as
follows :—London and North Western stock, 21. 66. ;
South Western, V. 10s. ; Midlands, 21. ; Great
Westerns, IL 15s. ; South Easterns, U. &s. ; Bor.
wicks and York and North Midlands, 1/. ; Lanca-
shire and Yorkshires are no cheaper ; Brightens form
the exception, the announcement of a vod dividend
having maintained the price of this stock at a rise of
11' • lOs per cent.

Mt —Tuts DAT.
Lotur Auouitlea tint
luthu Stout, phut
UMW Itcpt ,41,000'..tha ;14.
Excheluet BM.

- -
per (71. Modems.
pr Ct. Caution, a 43
lotto Doferratl. 46i t
Per Ct. Portuatatoo. al 3
per Ct. Itutotao. 113 II
per Ct. litouton, 100 1
Per Vt. alaa.oloh. Aetna, g
Irr CI. ervd.b, 4.142
Ito. Mare,
per
133 Ct. VIPS:wt.. 04 73
Do. Permed l3l
L. 88 to 90.