The Express.
London, England, 1855-09-05 00:00:00

MONEY MARKET-THIS DAY.

Two o'CLocx.

The English stock market has again declined.
Consols have ranged between 90: and 902, and are
now quoted 90/ to 1 for mosey and to-
morrow, being per cent. 13wer then they closed
yesterday. Fur the 12 h Oct. the quotation is 902 to 1.
The Three per Cents. Reduced have been dealt in at
91} to 911; the New Three per Cents. at 911 to
92/ ; the New 30 years' Annuities at 17 ; Ex-
chequer Bonds, at 180: to ; and Exchequer Bills,
at lls. to 15s. piem.

The foreign stock market is rather flat. Turkish
Six per Cents. have been sold as low as 93 ; and
the New Four per Cent. Scrip at 1 prem. ;
the present quotation of the former, however,
is 93j to 1, and of the latter, 1/ to 1/ prem. Mex-
ken is quoted 211 to 22; and Spanish Deferred
Three per Cents., 19 to 1. Russian Four.and.e.-
Half per Cents. have been dealt in at 90; Dutch
Four per Cents. Certificates at 96; and Peruvian
Four-and-a-Half per Ceuta. at 781.
The transfer books of the following stocks will
Ocoee on Thursday next, viz.:—Bault Stock, Reduced
Three per Cents., Lung Annuities, Terminable ditto,
New ditto; and those of the New Three per Cents.
oil Friday.
The amount of specie taken out by the Tyne for
the West Indies is only 1,3001., exclusive of 6,4001.
worth of jewellery.
The sugar market yesterday was steady, and the
grainy kinds went off with much spirit at higher
prices.
Th. numbers are published of 760 bonds of the
Greek Loan, the paymeui, or wi.ich is now obtainable
at Paris.

The half-yearly meeting of the Caledonian Rail-
way Company is called for the 25th inst., at Gl tsgow,
when the directors will ask for authority to raike
fresh capital under the " Caledonian Railway (Plant
and Accommodation) Act, 1853."

,
The half-yearly meeting of the British Gas Com-
pany is called for the 26th inst., when &dividend will
be declared.
The third and last instalment of 41. per share is to
be paid on the shares of the Caterham Railway Com-
pany by the Ist October.
The Canada Land Company's shares have risen to
140 to 142. Those of the Australian Agricultural
Company were rather weaker yesterday. Bank shares
were generally steady. Crystal Palace shares are
more inquired tor, and closed at 21 to 2 9.16. Lan-
ese Dock stock was dealt in at 1011 to 102; Victoria
Docks, old shares (201. paid), at 201;_ General Screw
Steam at 16, ex div.; and Nortu of Europe Steam at
14 (151. paid).
Annexed are the latest quotations of juvenile*,
sacral, and other miscellaneous shares, as given is
the Stock Exchange List:—insurance shares: Ats
hre. 171, 18 ; Albion, 83; Alliance, British ant
Foreign, 185; ditto, Marine, 391 ; Church of Eng.,
land, 31; Clerical, Medical, and General Life, 2[l;
City of London, 21; Crown, 171, 5; Equity ant,
Law, 55 ; European Life, 181 Eagle, 65 ; English I
and Scottish Law Life, 41, ; General, 65; Guardian, ,
152; Law Fire 45; Law Li 69 London and Pro-
vincial Law, 25 ; Legal and General Life, 55 ; London,
295, 5; Marine, 395; Medical, Invalid, and General
Lite, 35; Minerva, 6 ; National Provincial Life, 15;
do, Fire, 11; Phmaix, 179; New Equitable, 1;
Provident Life, 381; Professional Life, a; Palladium
Life, 34 ; Rock Life, 82; Royal Exchange, 226 ;I
United Kingdom, 55 ex div. ; Union, 230, 233;
Victoria Life, 55.
Canal shares: Ashton and Oldham,l39; Birming-
ham, 93; Derby, 84 ; Grand Junction Guaranteed 8
per cent., 121; Leicester, 495; Macclesfield, 615;
Oxford, 110; Stafford and Worcester, 425; Stour-
bridge, 290; Peak Forest, 86; Regent's, 141;
Rochdale, 60; Severn and Wye Canal and Railway,
28; Warwick and Birmingham, 231; Warwick
and Napton, 11 • Wilts and Berke, 45; Worcester
and Birmingham, 19.
Gas and Coke Companies: British Provincial,
20; Brighton, 15; Great Central, 115, 5 ; Imperial,
89; ditto New, 25 ; ditto Debentures, 220 ;
Phceoix, 305; Ratcliff, 70 ; Surrey Consumers, 11;
United General, 205, 5 ; Westminster Chartered, 49.
Waterworks stocks : Berlin, 65 • East London,
1025, ex div.; Grand Junction, 70; Kent, 781 ; South-
wark and Vauxhall, 895; West Middlesex, 91; ditto
ditto (34 ls. paid), 5 prem.
Bridge Companies : Hungerford, 12 ; Vauxhall,
311 • Waterloo, 31 ; ditto Old Anus. of 81., 321 ;
ditto, new ditto of 71., 28.
The late great rise in the sugar market is thus
noticed by Messrs. Trueman and Rouse:
The activity which we noticed on the lit ultimo as having
revelled during July bee been greatly exceeded during the
past month, and in the lest fortnight especially the market
has been much excited. The result has been an advance in
prices which, for rapidity and amount, has not been
equalled for the last 15 years, it being generally 3s. to 41
per cwt., of which refining descriptions and the low and
middling grocery qualities have partaken more narticular,y,
sad have been throughout in most ',quest. The imports of
sugar into the kingdom in the first right month. of the pre-
sent year amount to only 232,100 toes against 317,500 in the
same period last year; while the quantity received from the
let of September to the 31st of Decemb,r, in 1854, was
105 000 tons; and this year it is computed that we maw
receive more than 80,000; so that our present slander
stock must be further largely drawn upon to meet
the wants of consumers. It is not surprising then
that so considerable an advance—amounting since April,
to 7s. per cwt. on the valor in bond---should already have
taken place,nor that, with the continuance of the present
demand, a nether rise should be confidently locked for. The
quantity, including refined, on which duty wee paid in the
United Kingdom up to the 31,4 July was 248,400 tons
against 227,290 to the sth August last year; but this, in
consequence of the large amount of duties paid in anticipa-
tion in July, gives no fair criterion of the actual consump-
tion which, as we stated last month, we believe has this '
year not materially increased. That, in the lace of higher
duties and enhanced prices, it should not have fallen off, is a
subject for congratulation and so evidence of the well being
of the labouring population. Having for the last three,
months dwelt particularly on the shortness of the supply we
do not again enter into details; suffice it to say that con-
sumption has for the present apparently overtaken produc-
two, and therefore that the filling of prices for some time to
come must mainly depend on the tenacity of holders.
With reference to the disposition at present shown ,
to export spirits to Australia, the circular of Mr.!
F. W. Covens contains the following warning:
It will be seen that the export during the peat month (of
spirits especially) has been unusually if not imprudently
large. Of brandy alone, in July sad slogan, alms
166,000 gallons have been slipped. At a late date in'
June the stocks in Melbourne and Sydney (after some months
of comparatively limited shipments from hence) stood as
alder:—Brandy, 642,000 gallon.; sundry other spirits,
662,000 gallons; total. 1,304,000 gallons. A large propor-
non of this busy stock can be accounted for by the surplus
supplies which have been accumulating at the other Austra-
lian ports, haling now been drawn to Melbourne and Syd-
ney by the prospect of remunerative prices ruling there.
Another most important consideration for speculative ship-
pers is that by the last advice, we learn from Melbourne that
comparing the four months ending 30th April, 1&54, with
1855, the consumption of brandy had declined to the exteat
of 51,546 galloon, and Geneva 24,685, while a small increase
of 8,052 gallons appears upon ram.

TrIMIDAT
Tho English funds remain fiat, and have expe-
rienced to-day a further decline of / per cent. Specu-
lative sales are encouraged by the demand for money,
which today (the 4th of the month) was very heavy,
and kept the discount house*, Bc., very busily em-
ployed. In the Stock Exchange money contmes to
command 3 per cent. on government securities. In
estimating the future range of prices in the Consol
market, due weight must be given to the monthly
creations of fresh stock, which will probably only
cease with the war. Hitherto these new issues of
stock have been absorbed with remarkable readiness,
but although the future demand may continue large,
it can scarcely be expected that such a steady addi-
tion to the debt will exercise no influence upon the
market pries.
At Paris to-day the Three per Cent. Bente' expe-
rienced an unfavourable reaction of per cent.
Money is rising in value in Peri', owing partly to
the government loan requirements, partly to the
impulse given to some branches of trade by the Paris
Exhibition and by the influx of foreigners, and partly
to the extensive speculation for higher price* which
is now in progress on the bourse. Oo railway shares
the rates of " contango" bare reached 10 to 20 per
cent., and on the Three per Cent. Rentes, at the
liquidation just over, 6 to 7 per cent. was freely paid.
The railway speeolatiins is eseoureged ti by the an-
' iipation of large profits from the Exhibition traffic ;
bat the heavy charges to which thaw epees