The Express.
London, England, 1852-09-13 00:00:00

The March Exchequer Bills were very quiet, at
725. to 765. prem. The Juno bills opened at yester-
day's rate, of 665. to 71s. prem., but closed 675. to
70s. prem. India Bonds are worth 81s. to 87s.
prem.
The foreign stock department was inactive, and
the only material change in price was in the Turkish
loan, which, upon the strength of some considerable
I purchases, rose to 10j, and closed at 10 prem.
Spanish New Deferred Threes were rather better,
and Peruvian Bonds are very steady. The sales in-
clude :—Brazilian Old Five per Cent., 1031. Buenos
Ayres Six per Cents., 73. Granada Deferred Bonds,
121. Mexican New Three per Cents., 25j. I'cru-
vian Actives, 1051; ditto Deferred Three per Cents.,
68, 651, 661. Portuguese Converted Fours, 394.
Sardinian Five per Cents., 95i. Spanish New
Deferred Three per Cents., 231, ; ditto Passive
(Converted), 6. Turkish Six per Cent. Loan, 9j,
101,14,10 palm
There is no change in the rates of money, which
remain very easy, although the demand is consi-
derable, both for the requirements of legitimate trade
and for the prosecution of joint stock enterprise. The
Bank, it is understood, is making the usual advances
upon stock and Exchequer Bills during the shutting
of the books, at the previous rate of 11 per cent.
From Paris we have reports that the Bank may be
expected to shortly reduce its rate of interest to 2;
per cent.
The concession of a Swedish railway has just been
obtained from the government by an English com-
pany, and will soon be brought forward in this
market. The government gives a guarantee of five
per cent. per annum on a sum of 5,000,000 rix bunco
dollars, or about 1,000,0001. sterling. We under-
stood the line proposed is in the interior of the
country, and is to be formed to connect Lake Mailer
with Lake Wettorn. The transport of iron and
wood is stated to be the chief object of the under-
taking.
The continental advice, received to-day furnish
some additional details relative to the new Austrian
loan of 80,000,0009. It appears that five per cent.
bonds will be issued at the price of 95, or 21 per
cent. bonds at the price of 481. The interest will
be payable in Paris, but the exchange is act fixed,
and will be regulated by the current quotation of
the market on each recurrence of the dividend
period. It is thus noticed that if the ex-
change should rise, the interests of holders
of the new loan would suffer materially.,
Subscribers are to have the option of paying up at
once, with due allowance in the way o interest ; but
otherwise the payments are to be spread over a period
of 10 or 12 months. The first payment will amount
to 10 per cent. Payments maybe made either in paper
on Vienna or in specie.
The prospectus of the English, Scottish, and Aus-
tralian Chartered Batik was issued to-day. The ob-
ject is, of course, the extension of the banking accom-
modation of our southern colonies under their altered

circumstances. This is the third institution of the
kind that has been started since we drew attention to
the profitable field that was opened up to banking
enterprise in this quarter, two of them having a cap•
tel of some magnitude. In the present instance half
• million of capital is proposed to be raised in 201.
shares. A royal charter of incorporation has been
applied for, and, should it not be obtained, the pro-
moters of the undertaking state that the deposits
will be returned in full. Business was done in these
shares in the Stock Exchange to-day, in anticipation
at the allotment, at 1 prem., and the price closed 13
to 2 prem.
The movement in specie and bullion this week has
again been important. The imports include 6.50,000
dela. by the Africa, from New York ; 1,163,736 dole.
by the Medway, from the West Indies and Mexico;
470,000 dole. by the Franklin, from New York, of
which, however, only 120,000 dole. were for Eng-
land; and 3001. by the Hellespont, from the Cape.
By telegraph this afternoon we are also advised of
the arrival of the Brazilian steamer Teviot, with
21,9001. in specie. The total value of these imports
may be stated at about 406,0001.
_ _

The exports of the precious metals direct from
London during the week ending Thursday last, ac-
cording to the custom house return, included 61,826
ounces and 5,5001. in gold, and 168,348 ounces of sil-
ver, the aggregate value being nearly 280,0004 The
account in detail is as follows—Gold coin : to Ham-
burg, 4,034 ounces ; to Belgium, 50,000 ounces ; to
Port Phillip and Sydney, 7,792 ounces and 5,5004
Silver coin : to Rotterdam, 8,348 ounces ; to Belgium,
130,000 ounces ; to Hamburg, 30,000 ounces.

There have els° been chipped about 7,0001. by the
Severn for the Brasile, 7,0001. by the Macedon for
Adelaide, 30,000!. by the Persian, and 1,0001. by the
Wandsworth, both for Port Philip ; and 33,0001. by
the Cornhill for Hobart Town. The total shipments
from the kingdom for the week are thus raised to
360,0001., or between 40,000/. and 60,0001. lees than',
the imports.
The general meeting of the shareholders of the
Scottish Grand Junction Railway, held on the 31st
ult., having approved of the final reports of the
auditors and directors, and authorised the distribu-
tion of the surplus funds, a dividend of 6s. 9d. per
share will be paid to the shareholders on their sign-
ing the discharge, and delivering their share certi-
ficates.

The Belfast and County Down dividend is 12s.
por share; the Dundalk and Enniskillen 7s. per
share; the Scottish Midland lj per cont..; and the
Glasgow and South Western at the rate of 2 per
cent. per annum.
' . _

The following note has been received by the Se-
cretary of the Stock Exchange from the Secretary of
the Orleans and Bordeaux (now Paris and Orleans)
Railway :
I beg to apprise you, for the information of the home and
shareholders generally, that henceforth the Bordeaux cer-
tificates most be transferred to bearer, the proprietor placing
above his signature the words
Bon poor tranefert as porteur.

From Herapolh's Journal we extract the following
analysis'of the railway traffic returns for the last
week on all the lines in the kingdom :
Aggregate amount No. of Average receipt
received. milts open. per mile.
18.12.... £337,744 6,896 £49 0 0
1851 .... 335,992 6,438 62 3 0
1850 .... 291,333 6,147 47 6 0
The Railway Times estimates the gross receipts
for the whole kingdom, since the Ist July, as
follows :
Gnu amount No. of Avenge receipt
received. miles open. per mile.
1862.... £3,176,469 6,601 £4Bl 1 0
1851 .... 3,327,423 6,319 626 11 0
1850.... 2,767,043 6,974 461 10 0