The Express.
London, England, 1852-10-14 00:00:00

Caledonian IW. shares, 100; Chester sad Holyheed, gaa-
-sr fn., NI were Chnelnei 11 per snit.
in.; Roston Drain, scrip goarantoed 6 per
; Great Wooten find 41 per oast, 109.
TORSION.
Dutch Rheaieb. ; But Indian, 28; Grand Junction
of Franc, 61; Northern of Franco, 31/ ; Sambre and
Nene, 91.

MONEY MARKET.

WIIDNISDAY EVZNINO,

The English funds to-day were dull, and in the
face of several influences certainly calculated to
strengthen prices, including the pacific manifesto of
Louis Napoleon, the commencement of the dividend
payments to-day, and the announcement that
438,7401. will be invested by the National Debt
Commissioners during the current quarter, prices
closed at a slight reduction. Some reports were
current about an alleged intention of the French
government to assist the Cuban authorities in repuls-
ing any attempt on the part
.of the American bucca-
neers on that island ; but it is warmly probable that
any effect was produced on prices by this statement,
as, even if it were true, the defeat of such a piratical
expedition could not be expected to lead to any
national embroilment, ignored as its promoters ne-
cessarily must be by their own government. The
account was closed to-day, and this has doubtless had
some effect upon the market. Consols opened at
1004 to 1 for money, and 1001 to 4 for time, but
were sold as low as 1001 for cash, and left off 1004
to 1, and 1004 respectively. The government broker
again made a purchase of Reduced Threes. The
edictal business report is subjoined :—Three per Cent.
Consols, for money, 1001, 1, 4,1 ; ditto for account,
11th November, 1001„1. Three per Cent. Reduced,
991, 4,1, 4. New Three-and-a-Quarter per Cents.,
1031, 1, 1. Long Annuities, 1860, 8 7-16, 4., ;
ditto, 30 years, 1860, 61. South Sea Old Annuities,
991. Bank Stock, 2211, 224, 225. India Stock,
277, 276.

The upward movement in the unfunded securities
continues, owing to the inquiry being increased, and
money rather suier in the market. The bannerol in
the March Euhequer Bills was at 745. to 775. prem. •
in the June, at 755. and 765. prem.; and in Indiri
Bonds, at 84s. to 87s. prem.
In the foreign stock department there was a
moderate business. Spanish stocks show a little re-
action after the late marked advance, and Turkish
Scrip was again rather lower. Peruvian bonds were
heavy during the greater part of the day, the Actives
falling to 1011 ex div., but a rally took place before
the close. We understand the heaviness of the stock
during the lut few days is owing to the Peruvian
government being about to raise in this market a loan
of 400,0001. for railway purposes. The rate of inte-
rest will be six per cent., and should it be found
difficult to raise this money on the security of the
railway itself, the government will in all probability,
give the bondholders the security of one-half
of the profits arising from the guano supplied to
this country. The other moiety of these Fts, as is
well known, is already made over to the existing
creditors of Peru. Mexican Bonds are steady, the
stock being scarce. The following are the days
sales :—Belgian Two-and-a-Half per Cent Bonds,
64 ; ditto Four-and-a-Half tier Cents., 984, 971 (ex-
change fixed at 25f.). Brazilian Old Five per Cent.
Small Bonds, 101. Dutch Two•and-a-Half per Cents.,
65; ditto Four per Cent Certificates, 961, 1, ex
div. Cuba Six per Cents., 1021. Chilian Six per
Cents., 105. Danish Five per Cents., 1051. Gra-
nada Deferred Bonds, 114. Mexican Three per
Cents., 241. Peruvian Actives, 103, 101/, 103,
dir.; ditto Deferred Three per Cents., 62 ex'
div. Portuguese Converted Four per Cents., 381.
Sardinian Five per Cents., 971, 1. Spanish Old
Three per Cents., 60/, 3, 4 ; ditto Deferred
Three per Cents., 251, 1,4, ; ditto Passive (Con-
verted), 81, 1 ; ditto Committee's Certif., 31 per
cent. Turkish Six per Cent. Loan, 71,, 81, 8 prem.
The scrip of the new Swedish loan was quoted in the
morning, 11 to 1/ prem., but left a only a to 1/

prem.
The miscellaneous share dealings comprised Bank
of British North America, at 571 and 57; Oriental
Bank Corporation, 381 ex div. ; Australian Royal
Mail Steam, 31, 1,1; Crystal Palace, 5; Peninsular
and Oriental Steam, 881; ditto, New (201. paid),
411, 41; Royal Mail Steam, 801, 80. Bordeaux and
Cette Railway shares are quoted 4 to 41 prem.;
Upper India Railway, fto Fem. ; Antwerp and
Rotterdam Railway, 1 to 1/ prem. ; Chiriqui Road,
Ito prem. ; Netherlands Lend Enclosure, 1 die. to
par ; North of Serer Steam, I to 4 die.; English,
Scottish, and Auslrahan Bank, par to 1 prem.; Wim-
bledon and Croydes Railway, 11 to If prem.; Vaux-
hall and Sydenham, 1 to 1 prem.; Quebec and
Richmond Railway, 1 to 1 prem.
Notice has been issued from the London Spanish
Financial Commission, in accordance with the late
royal decree, that propositions for the conversion of
the 3 per cent. Deferred debt into 3 per cent. conso-
lidated stock may be presented until the 20th inst.
The Board of the Public Debt at Madrid will hold a
public session on the 30th inst., and proceed to
open the letters that shall have been presented, and
to admit such proposals as may be within the rate
fixed by the government—namely, for this half-year,
65 of Consolidated Rent for 100 of Deferred, pro-
vided the amount shall not exceed the sum of
400,000,000 of realm, which amount has been as-
Aped for conversion during the half-year ending the
31st of March, 1853.
It is estimated that the Bank of England returns
to be issued on Saturday next will show an increase
of upwards of 100,0001. in the stook of coin and bul-
lion. One of the leading bullion brokers has sent
into the bank in one week no less than 400,0001.
worth of Australian gold, and another sum of
100,0001. will go into the vaults of the institution
this week, from the same quarter. We also hear
that the demand for sovereigns for shipment to
Australia has greatly fallen off. Under these cir-
cumstances it is anticipated that the tendency of
the bank's metallic stock, notwithstanding the divi-
dend and other payments, will be rather upward
than otherwise for some time to come.
The amount of specie brought in by the Pacific
from New York is about 84,0001. The General
Screw Steam Shipping Company's steamer Calcutta,
which has left London on her voyage to the Cape
and Calcutta, touching at Plymouth, takes out
100,0001. worth of the precious metals.
Amongst the new projects of the day is a company
for the drainage of the Lake Fueino, in the kingdom
of Naples, under a concession in perpetuity from the
Neapolitan government. The quantity of land pro-
pane' to be recovered is nearly 35,000 acres. The
share capital is fixed at 240,0001., in 15,000 shares of
DM each, of which 6,000 are to go to the caws-
eionaires, who, however, are not to room" any inter-