The Express.
London, England, 1852-04-15 00:00:00

LOCAL SHARE MARKETS.

LITIIRPOOL, APRIL 14.—The share market has been
very strong and good to•day, espeekslly for Midland stocks
and Caledonian shares.— Birkenhead, Lancashire, and
Cheshire(late Chester and Birkenhead), 17—Caledonian,
191 20—Eastern Counties, 91—Lancashire and Yorkshire,
73—Ditto (filth shares),: 61d.—Ditto (20f. F. shares), 11 d.
Liverpool, Crosby, and Southport, 201—Londen and North
Western, 1241 c.—Ditto (new i-shares),sl p.—Ditto (fifth
shares), 41 p.—Manchester, Sheffield, and Lincoln, 34f
Ditto (61. new preference), f p —Midland, 661 7 1 I—North
Union A (guaranteed by London and North Western and
Lancashire and Yorkshire), 176—Shrewsbury and Bir-
mingham (131. se. 3d. A.), 4—South Eastern and Dover,
ve 2 ti c. 221—York, Newcastle, and Berwick 196—Ditto
(preference unpaid up), 21 d.—York and North Mid-
land, 25 1.
MANORISTRII, APRIL 14.—The share market continua
very firm, and prices are rising, with a moderate business
effected to Sheffield', 341 ; Midlands, 671 ; DOWNS,
221 ; North Stafford. 7 13-16 du. ; Caledonians, -20 ; York
and North Midland, 251 ; West Eliding, 4 3.16 d. ; Great
Northern A, 6t ; Cheshire Junction, llf dis. ; Leeds
Northern, 171 ; London and North Western, 123 ; Caledo-
nian Preference, 81 ; Blackburn. No. 1, ; Eastern Coun•
ties, 9 7 16 n.
BNISTUL, APRIL l4.—The market was very firm, with
prices advancing. Great Westerns closed at 901; Midlands,
871 ; York and North Mirtlend, ; Vale of Neath, 4 dis.;
Taff Vale, 1501.
BIRMINGHAM, Arun, 14.—This market was exceed-
ingly im”yant to day, Birmingham and Oxfords (e ills
duly paid) were date at 100 ; Shrewsbury and Firming-
, ham A% at 71.6 r, 34. ; and in local stocks, Birmingham
; Canals, at 100.

1860, Stock, 2621,
Stock, 2171, 2181; ditto, for account, 218.
The March Exchequer Bills maintain their high
range of 70s. to 735. prem., but the June bills are
rather weak at 655. to 68s. prem. It is not impro-
bable that the price of this latter issue may recede
more considerably, as the period of renewal ap-
proaches.
So far, the late general advance of prices in the
foreign bond market has been very little disturbed
by the adjustment of the account, which has pro-
grumped very well, and at the rates reported by us
yesterday. Granada Deterred Bonds are rather
weaker, and Spanish have slightly given way, but
oa the whole the market has been well supported.
Portuguese and Sardinian stocks have assumed a
Omer position; Dutch is rising; Peruvian Bonds
maintain their high range ; and generally it may be
observed that all the dividend stocks offering in
the market find ready purchasers. The list of sales
to-day includes thii following : Brazilian Old
Five per Cent. Bonds., 991 ex div. Buenos
Ayres Six per Cents., 771, 78. Chilian Six per
Ceuta, 103. Dutch Two-and-a-Half per Cents.,
62, 611 ; ditto Four per Cent. Certificates, 931,
943. Ecuador Bonds, 5, 51. French Four-
an -a-Half per Cent. Rentes, 100 f. 621 c. (ex-
change, 2.1 f. 43e.). Granada Ono-and-a-Half per
Cents., ex Dec., 1849, coupon, 24; ditto Deferred,
101, 1. Mexican Bonds, 341, 353; ditto for account,
30th April, 351 ; ditto New Three per Cents., 291,
281, 29 cx div. I'cruvian Actives, 1051, 107, ex
dir.; ditto Deferred, 66, 6,51, 66. Portuguese Four
per Cents. Converted, 391, 381, 391. Sardinian Five
per Cents., 981, 98; ditto for account, 30th April,
97f, 98. Spanish Passive Bonds, st; ditto Old
Three per Cents., 48, 471; ditto New Deferred
Three per Cents., 211, 1, 3. Venezuelan Three-and-
a-Half per Cents., for account, 48.
Canada Six per Cent. Bonds have risen to 1101.
City Navigation Three-and-a-Half per Cent. Boncfs
are quoted 931.
This being "ticket-day" in the railway share mar-
ket the arrangements for the settling, to which much
importance is attached, from the extensive accounts
requiring adjustment, were in full progress. The
greater part of the carrying over was effected to-day,
and the rates of continuation were very variable. At
one period of the day they ruled as follows, but in
the afternoon, when the main business had been con-
cluded, the rates pawed off to a considerable extent :
London and North Western, 3 to 1, continuation.
Greet 'Western, j to 3, continuation.
South Western, 1 to 1, continuation.
Midland, 1 to 1, continuation.
South Eastern, 4 to 3-16, continuation.
Blackwall,l-32 to 3-32, continuation.
Great Northern, 1-32 to 3-32, continuation.

These rates are heavier than than that ruled yes-
terday, the calculation per cent. per annum present-
ing the following results :

Per cent. per annum.

London and North-Wotan

Great Western

South Western
Midland
South Eastern
Blackwall
Great Northern 4 to 111

Some flatness was observable in the market to-
day, owing to realisations being in some eases pre-
ferred. Generally, however, though the aeonnatime
been very " bullish," speculators are eanadent in
looking for a further rise, and the high rates above
quoted were freely submitted to. Thus towards the
close of the market a much stronger feeling was
manifested, and fresh operations for the new account
of the 30th April were entered into with spirit.
Caledonians were very scarce, and rose considerably.
French shares were carried over at a reduced rate,
viz., from 4 to 7 per cent. all round. Northern. of
France are extremely scarce in the market, and are
freely borrowed at 1-32 bsckwardation.
The subjoined table shows the extreme prices at
vhich business has been done in the principal
railway stocks during the account now closing, and
the extreme fluctuation per share and per cent:
Lowat. Fluctuation

va OL
SO Condonla lO 6
11
Ice
90 Erten Oman* ............ fi ..
191
06
25 Onnt Notthans
Oust Inalera
100 Inronadrs and Vortskirs 73 ... S
704
100 lasi" Brighton, and SOYA
COM .
100 LOW and North Walton
100 Woks and South tisanes 90h ... 85
ISO Marbeater, giddied, and Un-
anniiire
Swath Millind ll
SD Manira
23 Tat% & Brunk l414 :
lag
100
.
60 Yon and North Midland
This statement does not exhibit any extraordinary
amount of fluctuation, but this is not surprising
when it is remembered that tho course of the market
has been steadily upward during the fortnight. It
consequently follows that the fluctuation above
shown nearly. represents the actual rise in railway
property during this period.
Iho exchange at Paris on London has again risen,
being now quoted 23.423 for short.
A project is afloat at Havre for placing three large
steamers on the lino between that port and New
York, subsequently to work in conjunction with the
steamers already plying on that line, and which
touch at Southampton. In return for the gratuitous
conveyance of mails and despatches, the promoters
of the undertaking demand from the French govern-
ment the annual sum of 40,0001. (a million of francs)
for each boat employed. The project has already re-
ceived due deliberation from the Havre Chamber of
Commerce, who naturally view it with much favour,
and have resolved strenuously to urge its adoption.
The vessels to be placed on the line are to be built at
Ilavre, and are to be of iron. They will be of 2,000
to 2,200 tons burden, and the engines of 1,000 horse
power.
In the general joint stock share market a fair
amount of business is going forward, on account of
dividend receivers and other invosters, and shares in
various joint stock undertakings that usually attract
very little notice are now much more readily mar-
ketable. Purchasers being numerous and sellers not
anxious to realise, higher prices are in many cases
submitted to.

Business to bank shares during the week has been
moderate, but the tendency of prices is uniformly
upward. Provincial of Ireland and Union of London
shares are very firm, and Oriental, National Pro-
vincial of Englund, and Union of Australia
have been done at advanced prices. Shares in
the Australian banking companies have, been
quietly. picked up for some months put by
tar-seeing parties, who anticipate that large profits
will be realised teem the extended and lucrative field
of operations thrown open by the extraordinary cir-
cumstances in which our Australian colonies are

bow placed. Considering the great extension of
comoercial movement that must necessarily attend
the vas; discoveries of gold lately made, and the
wouldi i
noaruld
x of
appear tk.
lt banking enterprise in this quarter
l w
' will admit of great development, and it is rather thatsur-
prising migrants from tho various quarters of the
bl. ,sure to take place sooner or later, it
4'
that no at:11'111S . proof is afforded of
, I the attention of our Spirited men of buai-
I nese being turned to the subject. The sales
I recorded during the week 5i4 as follows
Colonial (251. paid), 111 ; London lout Stock (101.
1144, 1, 18, 1; London and Westmuister (201.
paid), 291, 29, 281; National Provincial of ng-
land, 411; Oriental Bank Corporation (25/. paid),
34, :is, 34 ; Provincial of Ireland (251. paid), 44, 431;
Union of Australia (251. paid), 37, 38; Union of
London (101. paid), 153.
Dock shares are well supported at their advanced
prices. Commercial stock is worth 901 ; East and
West India, 153 to 1,54 ; London, 123 ; St. Katha-
rine, 811; Southampton, 20.
In the market for steamboat shares, Peninsular
and Orientals are rather lower, marking 77, 78, 771,
and 78 ; ditto, New (151. paid), 32.;, ; Royal Mail
Steam shares have receded from 81 to 18). General
Steam Navigation are firm at 281 to 29 ex die.
Insurance shares continue to meet with many in-
quiries, and prices are still rising. Sun Life shares
have made a great advance; Globe stock has again
risen 2/. ; and Eagle, Indemnity Marine, and Legal
and General Life shares have realised higher rates.
The latest quotations of the market are as follows :
Albion, 86; Alliance, 221 ; ditto, Marine, 411 ;
Atlas, 18; British Commercial, 61; Church of Eng-
land, 3; ; Clerical, Medical, and General, 19t, cx.
bonim ; County, 100, ex div. ; Crown, 161 ; Eagle, 71;
Equity and Law Life, 53 ; English and Scotch Law
Life, 31; European Lilo, 12; General, 5; ; Globe,
139; Guardian, 56; Imperial Fire, 256 ; ditto, Life,
194 ; Indemnity Marine, 30; Law Fire, 31 ; Law
Life, 461; Legal and General Life, 5: ; Marine, 151;
Medical, Invalid, and General, 21 ; Monarch, 1¢;
National Loan Fund, 23, cx div.; Palladium Life,
21; Pelican, 45 ; Phoenix, 161 ; Professional Life, 1;
Provident Life, 30 ; Rock Life, 71, ex div. ; Royal
Exchange, 2251 ; Sun Fire, 213 ; ditto Life, 55;
United Kingdom, 4; ; Universal Life, 39; ; Victoria
Life, 5, 54.
The General Reversionary and Investment Society's
shares are quoted 94; Reversionary Interest Society,
102; Equitable Reversionary, 119.
There is no change in the quotations of canal shares.
l'rices of Gas and Coke Companies shares range
as follows :—British, 101 ; ditto Provincial, 181;
Brighton, 16; City of -London, 125; Equitable,
27; Great Central, 121, 131; Imperial, 66 cx die.
and bonus; Independent, 46; Phenix, 251 ex div.;
United General, 173 ; Westminster Chartered, 391
ex die.; ditto New, 71 ex div. These prices show a
rise in British I'rovincial, Brighton, l'homix, and
United General, and a decline in City of London, and
Equitable.
In Waterworks stocks the only alteration is an
improvement of 11. in East London, which is worth
166.