The Express.
London, England, 1853-08-23 00:00:00

MONDAY EVENING.
The English Stock Market opened this morning
with firmness, and at one time Consols ruled at a
rise of 1 per cent. on the closing range of Saturday ;
but this was not maintained to the close, and the
tone of the market in the afternoon was compara-
tively rather heavy. A pressure for stock among the
dealers, to supply the large purchase of Saturday
afternoon, appears to have been the cause of the ad-
vance iu the morning ; but it would appear that
stock, on the whole, has been rather more freely
supplied to-day, and speculative sales seem to have
been induced at the higher prices.
Consols were rather widely quoted at the opening,
at 981 to 1, but advanced in the course of the morn-
ing to 981 to for money and the Bth September.
The closing quotation was 1 better than that of
Saturday, at 984 to 3. The official business report
includes :--Three per Cent. Consols, for money, 981,
a, 3; ditto for account, 981, 1. Three per Cent.
Reduced, 991, 3,3, 3. Three-and-a-Quarter per
Cents., 1011, 3, Annuities, of 30 years, 1859, .33.
Bank Stock, 228}.
Exchequer Bills were again ls. higher, at par to
3s. prem. India Bonds were quoted about 2s. better,
at 14s. to 19s. prem.
Foreign stocks were very firm, with a tendency to
higher prices, including Peruvian, Mexican, Equador,
Russian, and Portuguese. Grenadian maintains its
advance. At 4 o'clock, Mexican Bonds were quoted
263 to 271 ; Peruvian Deferred, 59 to 61; Spanish
Deferred 231 to 3; the Committee Certificates, 61
to 63 per cent.; Granada Active, 23 to 24 ; ditto
Deferred, 104 to a. The sales recorded are :—Bra-
zilian Old Five per Cent. Bonds, 1021, 1014; ditto,
Four-and-a-Half per Cents., 1852, 99. Danish Five
per Cents., 108. Equador Bonds, 51. 'Granada
One-and-a-Half per Cents., ex. Dec., 1849, coupon,
23;; ditto, Deferred Bonds, 101, 1,1, 3. Mexican
Three per Cents., 271, 27. Peruvian Four and-a-
Half per Cent. Bonds, 851, 86, 851; ditto, Deferred
Three per Cents., 60, 61. Portuguese Four per
Cents., 451, 3, 'I, 1. Russian Four-and-a-Half per
Cents., 102, 1011. Sardinian Five per Cents., 97,
963. Spanish Now Deferred Three per Cents., 231
a. The Passive Bonds, 51. The Committee's
Certificates, 61, 63 per Cent.
The money market to-day continued to exhibit
the increased ease noticed at the latter part of last
week. Accommodation is now readily obtained out
of doors on first-class paper at 34 per cent., but we
do not hear of transactions below that rate.
Owing to the Paris Mint requiring at present no
less than 66 days for coining gold—during the whole
of which time interest is lost—the demand for gold
for transmission to the continent has greatly abated.
A demand, however, has sprung up for other
quarters, and we are enabled to state that fully one
half of the large sums brought in last week by the
Harbinger and other vessels from Australia is
already engaged to be sent away. Some small par-
cels of Australian gold are understood to have been
presented to the Bank for purchase to-day.
The arrival was announced to-day of no less than
seven vessels from various parts of Australia, but it
is understcod that only two of them have any gold
on freight, and the aggregate amount by these is
only 20,403 ounces, worth 81,6001. The particulars
are annexed :

Gol,l
From Sailed on board.
ounces.
Achilles
Regina` Do. May 1
Cambodia Do. April 24 60

Jame, Alexander.... Port Phillip . April 1 20,363
Duke of Roxburgh.. Launceston March 9
Stately Wellington, N.B. April 26
St. Michael
Letters received to-day from Odessa report a very
large business in wheat, at full prices. Freights had
risen to 115 s. per ton of tallow.
The corn market to-day was animated, and Eng-
lish wheat, owing to a abort supply, and the pre-
sence of French buyers, advanced 4s. on the prices
id last Monday. Foreign wheat, notwithstanding
large arrivals, was held for an advance of 3s. per
quarter, and flour of 3s. per sack. In floating car-
goes, of which there are a fair number arrived off
the coast, some sales were made, but the high pre-
tensions of importers checked business.
The Portuguese financial agent in London states
the amount of stock received for conversion from the
2nd to the 16th inst. at 404,902/. 16s. Ild., making
the total amount yet sent in 3,508,764/. ; against
which bonds and certificates to the amount of
3,764,542/. Bs. 9d. are stated to have been issued.
On the other hand, the bondholders' committee re-
iterate their warning to their constituents not to
convert their Five per Cent. Bonds of 1841, and their
Four per Cent. Bonds of 1845, "as any others which
may be created and issued under the dictatorial de-
cree of the 18th December last cannot be quoted in
the official list of the Stock Exchange." The bond-
holders are recommended, however, to receive the 11
per cent. offered for the last half year's dividend,
and to forward to the committee the particulars of
their stock, " the committee having it in contempla-
tion to issue certificates fur all interest short paid,
including coupons in arrear, the sanction from the
committee of the Stuck Exchange being first ob-
tained to authorise and quote such certificates in their
official list."

Land shares to-day were Lenerally rather firmer.
Australian Agricultural and Peel River are both
firm, being bought by parties who look for an im.
provement in these stocks. The closing quotation of
the old stock was 36 to 37. Crystal Palace J hares
closed 1 13-16 to 1 13-16 prem. Australian Bank
shares were in some instances the turn cheaper.
Victoria Dock shares (6/. paid), mark 81 ; ditto New
(2'. paid), .1,; Peninsular and Oriental Steam, 78;
and Berlin waterworks, par. Shares of the two
French Water Companies were severally quoted
to ;! prem. _

The position of the stock and money markets of
the United States is thu, referred to in the eir.ular
of Mes,rs. Cannuanu and Co., dated New York,
Aug. 9, and received by the Asia. A considerable
change has lately come over the aspect of that
market, which requires to be watched with atten-
tion. The comparison of the Bank retains is de-
serving of notice. Looking at the position of the
market for exchange, it is somewhat remarkable
that the Asia brings over a specie remittance of
491,200 dollars, or nearly 100,090/ sterling:—

Sieve the date of our l r t circular a sudden and matt riul
change has taken place in the supply and value of money.
A system of curtailinetst has been adopted by the hanks in
this city, and a large amount of di mod loans, en sock
co'hiterals, have been sailess in. In inlay instances the
holders have been cotupellel to resort to forced soles, in
order to meet their necessities, and we have conesquesitly
t • reptrt a mrterial decline in the market value of !Illry
of the leading stocks. This remark is applicable prit.cip..lly
th.,ar of a speculative &a:meter—the supply of invest an:. t
te urities continuing limited ; and, the quotations of these
show littl: or no variation from those given in our last report
The chi. f causes of the existing stringency are the eon, inued
heavy ins;iortatiens— hich thus far, fur the premnt
•
ries 1!. ue if any previous year, and c .11 for a I erg«
amount of coin in the 'laymen of duties—and the siOptiun