The Express.
London, England, 1852-05-03 00:00:00

MONEY MARKET.

SATORDAT EYE:11170.
This being the day fixed for the striking of the
half-yesrly balance at the Bank of England, the
transfer offices of that establishment were closed for
business, and the day, according to custom, was ob-
served u a sloes holiday in the Stock Exchange.
Owing, however, to the budget coming on on Friday
night, not a few members of the house were in
favour of the unusual step of keeping the house
=Finally, the committee decided yesterday
noon by 13 votes against 7, that the ordinary
praetios should not be departed from. The attendance
of brokers and others interested in Stock Exchange
Wiriness, however, has been much larger than usual
on a holiday. In the City generally, although par-
ticular branches of business express some degree of
dissatisfaction, Mr. Diaraelfs financial statement has
been received with • certain amount of favour, it
being regarded as a continuation of the free trade
arrangements of his predecessors. We have heard
of transactions in Consols to-day at 991 to the
latter figure being I higher than yesterday's range ;
but of course this quotation is non-official, and cannot
be relied upon.
There is scarcely any change observable in the
money market, though discount of first-class bills can
be effected • shade below the rates of last week.
The rate of interest allowed on deposits is also tend-
ing downwards, as is natural in the present position
of monetary affairs. Meanwhile, the demand upon
the market for capital for the prosecution of business
in its various beaches is unimportant. The amount
required for the gold mining schemes and other
joint-stock projects of a miscellaneous character, is,
compared with the capabilities of the market, so
trifling that no effect can be produced. It is probable,
however, that the prevailing plethora of capital will
shortly
.give rise to a greater extension of joint-stook
enterprise than has been observed for the last half
dozen years. At home, railways are calling for very
little capital, though in France there is a vast
amount of movement. The railway calls advertised
for the month of May are as follows :
Amount per .hare.
Due. Already Number
Itsibrays. Data. NUL Called. et Marge
Cornwall, all £lO to 3 OIS 0 01,030 43,000
Doodle sad Arbroath
Tflrds
sad
Whit,
1 11 30 0 7,190 14,392
Worcestar, sad
Wolverbaaptm, Gad
'Dotson of Praia-
seem, tae lt 10 311 0 MIST 77,217
DWa. mood allotment
of ditto ..
It Ilsisa'sCarbl:Pad
wan Cl 3

Teal 037.136
The amount called in the first five months of 1860,
1861, and 1852, is shown below:
1860. 1861. 1852.
January.... £1,830,818 .. £746,316 .. £266,817
February 1,036,709 .. 368,832 .. 865,981
March .... 1,387,679 .. 220.754 .. 600,342
April 302,642 .. 477,500 .. 196,177
Nay
- -
Total £6,661,647 £2,101,219 £2,065,473
The imports of specie and bullion this week have
been large. Our list comprises :-1,286,436 *dole.
by the Clyde from the West Indies; 1,000 dots. by
the Atlant►c from New York; 250,867 dole. by
H.M.S. Driver from the Pacific; 200,0001. in Aus-
tralian gold by the lEate, which has arrived off the
coast, from Sydney; and a tbrtber quantity of gold
duet by the Derwent, arrived at Gravesend from
Hobart Town. The Humboldt, from New York, also
brought over 3.5,494 dollars, chiefly in American
silver, and the rest in French and I'russian gold and
silver coin ; but this amount was for Havre. The
total imports of the week, as above stated, sum up
rather more than half a million sterling.
The exports, on the other hand, have not been
heavy. Direct from London during the week end-
ing Thursday last, they amounted to 191,160 ounces
of silver, and 3,750 ounces of gold, of the aggregate
value of about. 02.0001. The account in detail is as
follows:—(fold coin : To Port Philip, 3,760 ounces.
Silver coin: To Hamburg, 14,160 ounces to Calais,