The Express.
London, England, 1852-12-02 00:00:00

WIRDNUDAY EV1143110.
The English stock market continues to be affected
by political considerations, which have induced reali-
sations. The nature of the budget forms the chief
, topic of conversation in City circles, and as a feeling
of anxious doubt is
.predominant, an unfavourable
market is naturally induced. The reported increase
in the naval and military forces of the kinillm
taken in conjunction with the great political
in progress in France, is also favourable to Xe
a bean." There is, however, net much movement
in the market. Consols remained quoted throughout
the day at yesterday's depressed price of 101 to 1
both for money and the 9th December. The pur-
chase of the government broker to-day was again
confined to South Sea New Annuities. The
list of transactions comprises:—Three per Cent.
Consols. for money, 1014, 1, l; ditto, for
amount, 101/, 1. Three per Cent. Redueed, 100:,
Three-ande-Quarter per Cents., 1031, a, a, a, a.
Annuities of 30 years, 1860, 61. Bank Stock, 2221.
South Sea New Annuities, 1001.
Exchequer Bills were dull to-day. and 695. to 72..
prem. was the highest price current for both the
March and June lames. India bonds rule at 80s. to
83s. prem.
In the foreign stock market the chief change in
pricer was in Granada Deferred, in which there was
a decided "run," the price rising to 131, and closing
firm. The Certificates issued by the Spanish Bond-
holders' Committee were also in demand and advanced
to 31 per cont. Peruvian, Mexican, and most other
stock' are firm. According to the advice. by the
Africa, Senor Mariano Vann had taken the post of
prime minister of the Mexican Republic, on the un-
derstanding that he is to have power to carry out
such measures as he may think proper for the re-
establishment of order in that distracted country.
Whether his exertions will be attended with success
remains to be seen, but the bondholders express satis-
faction at his assuming the helm, as this is the gen-
tleman who, at a late meeting f the creditors, re-
ceived a vote of thanks and a piece of plate am a tee-
timony of gratitude for his conduct in the matter of
the American indemnity money, and the payment of
the last dividend. The private letters mention that
the loan of 3,000,000 dollars, about to be raised
by the government to restore order, is to bear
interest st.the rate of one per cent. per month, and not
three per cent., as stated in the American papers.
Sales are marked 'as follows:—Austrian Five per
Cast. Scrip, 94 prem. Brazilian Old Five per
Ceuta., 102; ditto Four-and-a-Half per Cents., 1852,
971, 1 ; ditto Five per Cents., 1829 and 1839,102},
1031. Buenos Ayres Six per Cents., 74, 75. Dutch
Two-and-a-Half per Cents., 66; ditto Four per
Cent. Certifs. 97. Ecuador Bonds, 54. Granada
One-and-a-Half per Cent., ex December, 1849, wa-
wa, 221; ditto Deterred 12, 4,1, 13, 121, 131, 13.
Mexican Three per Cents., for account, 16th Dee.,
25, 4 Peruvian Six per Cents., 104; ditto Deferred
Three per Cents., 644,1. Portuguese Converted Four
per Cents., 381, 4, 1. Spanish Old Three per Cents.,
52, 511,52; ditto New Deferred Three per Cent.,
for account, 25; the Committee's Certif., 31, Z, 1,
1 per cent. Swedish Mortgage Loan, 11, 11 din.
Turkish Scrip was dull at 11 to II prem., with an
evident indisposition to operate.
Miscellaneous shares continue to engage great at
tention. The sales to-day include :—Bank of Aus-
tralasia, at 711; Bank of British North America,
601, 60 • Colonial Bank, 16; English, Scottish, and
Australian Bank, 51; London Chartered Bank of
Australis 5, 44; Provincial Bank of Ireland, 472 ;
Union Bank of Australia, 621 62; ditto, New
(21. 10s. paid), 8; Victoria Docks; 6: ; Australian
Agricultural, 06, 99; General Screw Steam Ship-
ping, 664 ex new; Netherlands Land Inclosure, 24;
Peninsular and Oriental Steam (201. paid), 51, 50;
South Australian Land Company, 42. The shares of
the Peninsular and Oriental Company are in demand,
and quoted at the improved price of 92 to 94. The
dividend to be declared at the meeting on
Saturday next, we can state, will be larger than
usual ; and a larger sum will also be avail-
able as an addition to the reserve fund, the business
of the company having been extraordinarily good
during the half year. A further rise in the shares is
consequently expected. Our detailed list of the quo-
tations of shares in new undertakings is subjoined :
Beziers and Gramma Railway, 1/ to 11 prem.;
Bordeaux and Cette, 5 to 54 prem. ; Antwerp and
Rotterdam, 1 to 1 prem.; Royal Swedish, 1 to 1
prem.; Western Railway of Switzerland, / to 1
prem.; French South Eastern, 14 to 11 prem.;
Staines and Wokingham, 3 to 3 prem.; Wimbledon
and Croydon, 11 to 21 prem. ; Zealand (Dariah),
totll prem.; Lake Constance and Basle, par to 1
Lucca and Pistoja, A. to Z prem. ; Bank of
Asia, Ito 14 prem.; Magdalena Steam, to ; prem.;
Ebro Canal, 11 to 21 prem.; Bank of -India, Aus-
tralia, and Clunk 14 to 1 prem.; North of Europe
Steam, 1 din. tol prem.; Orleans and Epernay Rail-
way, 3to 1 prem. ; Isle of Wight Railway, di.. to
prem.; Chiriqui Road, Ito prem.; French Crystal
Palace, Ito prem.
The meeting of the Eastern Steam Navigation
Company was held to-day, mainly for the purpose of
enabling the directors to lay before the proprietors a
statement of the progress they have made towards
carrying out their spirited project of maintaining,
without government support, steam communication
with India and Australia, either or both, as circum-
stances may warrant. A report is given in another
column.

It is estimated that the next return of the Bank
of England will show an increase of between
300,0001. and 400,0001. in the stook of the precious
metals—so large has been the influx of Australian
gold, which, after passing through the hands of
the brokers and others, has found its way into the
Bank. This increase, however, does not include the
major part of the extraordinarily heavy supplies of
the precious metal brought in by the Eagle, so that
the succeeding return of the institution will, it is
expected, present an augmentation to at least an
equal amount. It is thus calculated that in the fort-
night the Bank's stock will have experienced an
increase of some three-quarters of a million ster-
ling. This result will be in face of a revival
of the demand for coin, chiefly sovereigns, for ship-
ment to Australia. During the last tow weeks we
have recorded many heavy shipments for this quar-
ter by mailing vessels, and the next Australian
steamer will also take out a large amount. Looking
at the general aspect of affairs it would appear that
the accumulation of the precious metal in the Bank,
after experiencing a temporary check, will now pro-
ceed more steadily, as the receipts from Australia
may be expected to come in with greater regularity
in future. The more advanced parties of emigrants
who left this country for the golden land, had begun
to reach the Australian ports when the last advices
left, the arrival of some hundreds of persons
being daily reported in the local papers. It is thus
fair to inter, that ere the present time there will have
been a rather considerable influx of population into
Australia from various quarters of the world, a cir-
cumstance which will naturally have the effect of
affording increased facilities for the departure of the
large fleet of vessels lying in the Australian ports
and unable to get away, mainly from the want of
hands. Letters from Port Phillip speak of no less
than fifty large vessels lying idle in that harbour.