The Express.
London, England, 1852-12-23 00:00:00

Samar tl,,rr (with la.)
Oa Da( latersit)
Iluilmra of
De. W. II per et. book
Mir k iamtop Awl
Sareqiii'husk PTAs.
Pans sot Lpes•
Pads ea/ Orlsmas
Mai
med ism
Fab WI 101111b1MITO "
Paliampyrieberbwrp
glow see ailbaced
gown rid awn
Awl" and Wert .

I 0
411 171 pm
38151 al i d
6 6 pra
I I
14 Itillpm

Da. 14 per Omit Prehr.!
Imams it /1111 M...
Menballartp.
fity pow dot Prehr.
•mita 11... n.

4i 6
6 i Pal
3f if
la
lil 121 im

20i i

Iw.iw.ie:n«~i.d..

MONEY MARKET.

WEDNESDAY EVENING.
The market for the home fluids remains very good.
To-day there was a further improvement, although
business was not active. Consols opened 1004 to 4,
and left off quoted 1001 to 4 ex div. for the 18th
January, with a firm appearance. There were again
purchases of Reduced Threes on government account
at 1011 and 4, and the price of this stock subse-
quently ascended to 1014. This continued upward
movement of the stock market at the very period of
• ministerial crisis is alma. unparalleled, and
strongly marks tho opinion entertained by the
misled Interests of Alas course pursed by the late
administration. The business list includes :—Three
per Cent. Consols, for account, 1001, 1, 4 ex div.
Three per Cent. Reduced, 1011, 2, I, 4. Three-and-
a-Quarter per Cents., 1041, 4, 1,.1, 4. Long Annui-
ties, 1860, 61. Bank Stock, 224, 223!.
There was more inquiry for the March Exchequer
Bills to-day, and the price rallied to 61e. to 641.
prem. In the June issue nothing was done. India
Bonds were purchased at 81s. prem.
Foreign stocks to-day were rather flatter, chiefly
owing to the inactivity of business. Mexican Bonds
and Granada Deferred were flat. Spanish stocks
maintain their rally, and Ecuador are firmer. All the
dividend paying securities are well supported. Sales
are thus marked :—Brazilian Old Five per Cen ts., 1024 ;
ditto Small, 1021; ditto Four-and-a-Half per Cents.,
1831, 981. Buenos Ayres Six per Cents., 74. Chaise
Six per Cents., 108; ditto, Three per Cents., 79.
Danish Three per Cents., 1825, 871. Dutch Two-
and-a-Ralf per Cents., 681, 4; ditto, Four per
Cent. Certifs., 991. Ecuador Bonds, 61, 1. Mexican
Three per Cents., 241 • ditto, for account, Dec. 30,
241. Peruvian Deferred Three per Cents., 64. Por-
tuguese Converted Four per Cents., 41, 401; ditto,
for account, 404, 1. Russian Five per Cants., 120;
ditto, Four-aid-a-Half per Cents., 106. Sardinian
Five per Cents., 961, 96,1. Spanish Old Three per
Cents., 61/, 61; ditto, New Deferred Three per
Cents., 24, 4, 231, 241; the Committee's Certif., 4,
41 per cent. Turkish Six per Cent. Loan, 1 prem.
It is expected the next return of the Bank of
England will show a decrease in the stock of the
precious metals to the extent of about 300,0001. This
falling off would have been anticipated from the
statements of impel is and exports of specie and bul-
lion already given by us. It is evident that our coin
is rapidly leaving us to meet the necessities of Aus-
tralia, and we must be content to wait till the natu-
ral course of trade brings us back its equivalent in the
shape of gold dust, besides payment for tho vast
quantities of goods despatched to those colonies. It is
purely a question of a few months as to when the
gold will flow back upon us. Private letters received
in town from well-informed parties at Melbourne
state that if vessels could be found to fetch away the
gold, twelve millions sterling of the precious metal
could be shipped from Port Philip alone within a
space of fear months.
It appears that the Lady Flora, just arrived, left
in Melborne, on the 6th of August, about seventy
sail of ships, amounting in the aggregate to some
35,000 tons, a few of them getting men at 10/. for
the run to Sydney and Adelaide, while others were
quite deserted by all but the masters, with little
chance of getting away. It was with the greatest
difficulty that the captain of the Lady Flora could
get a crew for London at 60/. for the run home.
Vessels for India, he states, could not obtain a man
for any amount of pay.
There was again considerable business in Aus-
tralian securities to-day, but prices were the reverse
of buoyant. Australian Agricultural were as low as
216 at the commencement of business; then ad-
vanced to 276 on the renewal of bonaftde purchases;
and finally left off 2351. to 2431. The list of transac-
tions in miscellaneous stocks is thus officially ren-
dered :—Bank of Australasia, 831 ; Commercial
Bank of London, 30 ; English, Scottish, and Aus-
tralian Chartered Bank, 65, 4, ; London Chartered
Bank of Australia, 81; London and Westminster
Bank, 35, ; Provincial Bank of Ireland, 474 ;
Union Bank of Australia, 734, 4,4, 73 ; Aus-
tralian Agricultural, 220, 260, 253 ; Australian
Royal Mail Steam, 61 ; Crystal Palace, 5 ;
General Screw Steam Shipping, 521 ex new;
North of Europe Steam, 24, 1 • South Austra-
lian Land, 60, 64; Van Diemen's Land, 20, 21, 19;
Our detailed list of the prices of new undertakings,
not yet officially quoted, is annexed, viz. :--Beziers
and Oraisse,sac Railway, 14 to 13 pram.; Royal
Swedish Railway,/ dis. to prem.; Central Italian
Railway, par to 1 prem ; French South Eas•ern,
prem.. Staines and Woking Railway, par to
Exit
Hamilton and Toronto Railway, 1 di. to
prem.; Danish Zealand Railway, to 1 prerd. ;
t Kent Railway, par to 1 prem ; Brantford and
Buffalo Railway Bonds, 1 to 3 per cent. prem.; Bank
of Asia, par to 1 prem.; London Bank of Australia
and India, 1 to Iprem.; Isle of Wight Railway,
die. to par; Ebro Canal, 11 to 21 prem ; Magda-
lena Steam, par to 1 prem. ; Chiriqui Road, to
' prem.• Lake Facia* Drainage, 1 to 1- prem.
The Grand Ducal decree guaranteeing the shares
of the Lucca and Pistoja Railway appeared in the
Tuscan Monitore of the 13th. A new delay for
the opening of the line is granted, extending to the
21st December, 1854.
Amongst th, new undertakings at present sub-
mitted to public attention are the Salisbury and
Basingstoke Railway, with a capital of 300,000/., the
line to run from Basingstoke to Salisbury, via An-
dover, Whitchurch, and Weyhill ; the Portsmouth
Railway, with a capital of 400,000/., the line of
which is to run from Godalming to Havant, thus
affording a more direct and a cheaper communica-
tion between the metropolis and Portsmouth; the
London and Westminster Thames Railway, capital
600,0001., the objects of which were referred to under
this head some days back; and the Bideford Exten-
sion Railway, capital 30,000/., to construct an exten-
sion of the North Devon Railway to the town and
port of Bideford. The Chemical Manure Company
is also projected, with a capital of 90,0001., in 61
shares. The prospectus of this last named associa-
tion embraces several points of interest. The com-
pany propose to manufacture a " special manure,"
stated to be of a very superior quality, " adapted to
every soil, and combining all the elements of fertility
contained in farm-yard manure," the price of which
is to be 71. per ton. It is further proposed to pur-
chase guano by the cargo, and ro-distributo it in
quantities suited to the requirements of fanners,
accompanied by an analysts, by which the consumer
will be protected from adulteration. Mr. Thomas
Rowlandson, C.E., F. 0.5., has been appointed super-
intendent. Another new undertaking is the "Na-
tional Live Stock Insurance Compauy, with a capi-
tal of half a million sterling, in 3/. shares, of
which 100,000/. only is to be cal ed up in
the first instance. It is stated in the
prospectus that the premiums shall be calculated on
the declared value of the stock on insuring, but that
the company's liability will not exceed three-
fourths of the insured value, one-third of the salvage
(it any) being allowed to the insured.
Tho directors of the Great Northern Railway
Company have decided, under the authority of the
last halt-yearly meeting, to raise an additional share
capital of 730,000/., besides a sum of 60,0001., autho-
rised by parliament. The money is to be raised by