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

When these succeed in getting sway, an immense
quantity of gold will certainly be brought over. The
first of the Australian steamers is also expected to
reach England on her return voyage by the end of the
present month, an event looked fur with the greatest
interest, as she will not only bring over a very largo
remittance, but ought also, if the screw works pro-
perly on these long voyages, to furnish us with very
late accounts from the other side. From her arrival,
indeed, will date a now era in the history of Austra-
lia, as it will inaugurate a system of regular and
speedy communication between those colonies and the
mother country, which must be attended with results
of the highest importance to both. This steamer
will probably be shortly followed by another screw
vessel direct from the other side, whilst every over-
land mail is expected to announce the arrival of the
Chasm at Singapore, from Sydney, being the new
line of communication just taken up by the
Peninsular and Oriental Steam Company. The
realisation of the golden views of those
who have for many months looked forward
to a vast accumulation of gold in this country, such
as would both affect the currency and every descrip-
tion of property and business, would thus appear to
be approaching more nearly. As regards
the sera sweat el the aarifewase dispels cif
Australia many persons are still sceptical, the
amounts to hand in the public papers, private letters,
and official despatches, are really of a character cal-
culated to produce the strongest feeling of astonish-
ment. By each arrival we are advised of the dis-
covery of the precious metal in localities where its
existence had not previously been known, and this,
too, in tracts lying hundreds of miles distant from
the chief seats of gold mining operations in each
colony. Our last accounts definitively an-
nounce its discovery in South Australia, thus fully
bearing out the anticipations, founded upon a con-
sideration of the formation of the country, expressed
in this journal many months back. That these
newly discovered deposits are also susccptiole of pro-
fitable working is placed beyond dispute, though of
the actual richness of the gold field in this more
southern colony no definite estimate can yet have
been formed. On the whole, it is evident that no
man of judgment can presume to fix a limit to the
Australian gold production. Should the anticipa-
tions ventured upon in the despatches received by
government prove correct, the production of gold in
Australia may amount, within a twelvemonth from
the present period, to a million sterling per week, a
result, the mere contemplation of which is, indeed
startling. Suppose we estimate the produce at two-
thirds, or only one-half of this amount, and who can
form an idea of the immense effect that must be pro-
duced in Australia, at home, and throughout the
world?
The quotations received by telegraph from the
Amsterdam Bourse of Tuesday are as follows:
Dutch Four per Cents., 95 5-16. ; ditto Two-and-
a-Half per Cents., 64. Spanish New Deferred Three
per Cents., 243. Mexican New, 24 11-16. Por-
tuguese New, 381. Austrian Five per Cent. Metal-
lic', 78.

THIS DAY.—Two O'CLOCK.
The English stock market opened at yesterday's
depressed price; but a better feeling soon became
evident, and on the government broker coming in as
a buyer of Reduced Threes, prices were improved.
Consols have been bought as high as 1011 for money,
and are now quoted 1011 to 1 for money and account.
The Three per Cents. Reduced mails 1001 to j ; the
Three-and•a-Quarter per Cents., 1031 to ; ; South
Sea Stock, 1114; Exchequer Bills, 695. to 725. prem.
In the foreign house the movement is confined
mainly to Granada Deferred and Dutch stocks,
which are higher. Granada Deferred mark 131 to
; Dutch Two-and-a-Half per Cents., 66; to 67 ;
Dutch Fours, 971 to 98; Mexican, 241 to 25} ; Spa-
nish Old Threes, 511; the Committees Certificates,
31 per cent.; Brazilian Four-and-a-Half per Cents.,
98 to 971.