The Express.
London, England, 1852-09-30 00:00:00

MONEY MARKET.

WIDIIIIIIIDA T ET NICT7IO.
Yesterday's improvement in the price of Consols
was not quite supported to-day, as, although pur-
chases were made at ono period of the morning at
1001 for cash, the market fell back in the afternoon,
and closed 100 to Lfor money, and 1001 to for the
13th of October. Transactions arc also reported in
the New Five per Cent. Annuities, at 127; the An-
nuities of 30 years, expiring in 18.53, at 6 11-16 ;
and in South Sea Stock, at 1111, 1114, and 111.
There was an average business in the March Ex-
chequer Bills, at 70e. to 735. prem; and in the
Juno issue, at 67e. to 70s. prem. It will be
noticed that the premium on these two issues now
exhibits a difference of 3s. only in favour of the
March bills, which command the higher rate of inte-
rest of 11d. per cent. per day. India Bonds are
steadier, at 84s. to 87s. prem.
The tendency of prices in the foreign stock market
was rather upward. Peruvian and Tutkish scrip
were decidedly better, and Grenadian, Mexican, and
Spanish are looking up. The settlement of the as
is in progress, and this restricts actual business.
Bargains are thus recorded:—Dutch Two-and-a-Half
per Cents., 6.51; ditto Four per Cent. Certifs., t3O;,
99. Granada One-and-Half per Cent., ex. 11ec.1840
coupon, 225; ditto Deferred, 12, 115, 121, 111, 12.
Mexican Three per Cents , 2.61; ditto for account
16th Oct., 251, 2. Peruvian Actives, 1061, 103 ;
ditto Deferred Thr“ per Cents., 64, ea, 631. Portu-
as _•• •

dive per Cents., 06. Spinish NewD4eferr7rEree
per Cents., 232, 2. Turkish Six per Cent. Loan, 81,
9i, 91 prom.
Shares in the new railway companies were quoted '
to-day as follows:—Bordeaux and Cette, 3to 31
prem Upper Indian, Ito / prem.; Antwerp and
Rotterdam, / to 1 prem.; Wimbledon and Croydon,
1 to 11 prem.; Woodford, to / prem.; Benicia and
Graisseasac, / to 1 prem.; Quebec and Richmond,
par to prem.
The quotations of stocks at Amsterdam on Tuesday
were as follows :—Outch Four per Cents., 961; ditto
Two-and-a-Half per Cents., 64; Spanish New De-
ferred Three per Cents., 231; Mexican New, 261;
Portuguese New, 39; ; Austrian Five per Cent. Me-
talliques, 78 13.16.
The Stebonheath, which has just sailed for Port
Phillip, has taken out 30,0001. in coin. The amount
of specie taken out by the Peninsular and Oriental
Company's steamer Sultan is 27,3001., of which
23,0001. is for Constantinople and the rest for
Smyrna. The Arctic has brought in 336,000 dollars
in specie, or about 67,0001. sterling.
At the meeting of the General Screw Steam Ship-
ping Company to-day a highly satisfactory report
was presented. It is encouraging to observe that
this company so soon after its formation is enabled
Ito declare a dividend at the rate of 3 per cent. per
annum, besides increasing its re erve fund to 16,9431.,
and the insurance fund to 6,7331.; and the fact may
be taken as speaking strongly in favour of the energy
and ability with which the operations of the associ-
ation have been conducted. The proprietors were
congratulated on the acquisition of a supplemental
charter by which the company are empowered to
raise capital iu shares of 201. each ; to issue
five 201. shares proportionally in lieu of the pre-
sent 1001. share ; and to borrow any sum
not exceeding one-fourth of the paid up
capital. The subscribed capital is now three-quarters
of a million sterling, an amount that is considered
sufficient for the present purposes of the company.
The directors announced that they have obtained a
contract from government for a mail service between
Cape Town and the principal settlements as far as
Port Natal—a boon that cannot fail to be appreciated
by the colonists. The new and extended service to
India was opened by the Queen of the South steamer
in June last, followed by the Ilarbinger, Lady
Jocelyn, and Indiana; and the Calcutta, Mauritius,
Hydsapcs, and Argo steamers *lll follow in succes-
sion.

A large business continues to be done in bank
shares. Australian shares are again higher this
week, and Union of Australia, London and
Westminster, and London Joint Stock, besides many
others, are very firm. The shares of the London
Chartered Bank of Australia have not maintained
their premium, a circumstance that is probably attri-
butablo to the utibtusinesslike mode in which the
allotment was made, and which led to so much
complaint. Owing to the shares having got into
the hands of weak parties, instead of merchants and
others connected with the colonial trade, who, in
many instances, failed in their application, the price
has fallen from 4; to 3). The sales of the week
are thus recorded:—Australasia Bank, 57, 4. 1,
58, 371, 58, 571; Commercial of London, 29; Lon-
don Chartered Bank of Australia, 41, 4, 41, 4, 1.
31 (with 2!. 10s. paid); London Joint Stock, 19);
London and Westminster, 331 ; Oriental Bank Cor-
poration, 39 ex new; Provincial of Ireland, new,
171; Royal Australian Banking and Gold Import.
ing, 1), 1,1, 1,1, ), 1; Union of Australia,
50, 1, 50, 1 ; ditto, New, 61; Union of London,
17,1, 17, 1. The shares of the English, Scottish,
and Australian Bank are quoted 1 to 11 prem.
Dock stocks are firm, though with rather less
business doing. Victoria Dock shares are in great
favour. The last prices are : Commercial Stock,
105; East and West India, 168; London, 130; St.
Katharine, 90; Southampton, 34; Victoria (21. paid),
6, 61.
Prices of steam-boat shares are well maintained,
but this market is not voy active. Australian Royal
Mail Steens are marked 4 ; General Screw Steam
Shipping (.30!. paid), 50; General Steam Navigation,
291; Peninsular and Oriental, 86, 1; ditto New, 331;
Royal Mail Steam, 78t, 79. Shares in the North
of Europe Steam Navigation Company are quoted
par to 1 prem.
In insurance shares the inquiries have been chiefly
for Royal Exchange and Universal Life, both of
which are higher, the former marking 233, and the
latter 45. Indemnity Mariuu shares are also better,
having reached 53.
Miscellaneous shares are quoted as follows in the
official list :—Auction Mart, 26; Australian Agri-
cultural, 32 ; Canada Company, 50; Electric Tele-
graph (A shares, 20!. puid), 191; Hudson's Bay
Stock, 220 ; Hungcrford, 47 ; London Institution,
5 ; Price's Patent Candle Company, 23 ; Crystal
Palace, 3.

The quotations current fur shares in new under-
takings of a miscellaneous character arc :—Ehro
Canal, to I prem. ; French Crystal Palace, 3 to
prem. ; Continental Submarine Telegraph, par to
4. prem. ; Irish Suhmaiinc Telegraph, 4 to
prem. ; Fair (lead Harbour, par to 4 prem. ; Chiriqui
Road, to f, prem. ; Netherlands Land Enclosure,
to # prem.