The Express.
London, England, 1853-12-13 00:00:00

MONEY MARKET.

MONDAY EYZNINO.
The English stock market opened firmly this
morning, and even attained an advance of 1 per
cent.; but a decided relapse subsequently took place,
and, after a tall of 1 per cent. from the highest point
of the day, and several intermediate fluctuations, the
market finally closed with more steadiness of cha-1
wider about 1 per cent. below the closing range of i
Saturday. A very favourable impression was pro- I
dueed by the satisfactory intelligence from Austra-1
lia, and by the arrival of three-quarters of a million
sterling. in gold from that colony. The counter-
acting influence that led to the sales of the after-
noon, which were of a rather influential character,
rested with the aspect of foreign politics. Irrespee-1
tivo of the statements of a naval conflict be-
tween the Turks and Russians in the Black Sea—a
fact which (if confirmed) cannot be interpreted as'
increasing the chances of a pacific solution of the
existing differences—there were not wanting ru-
maws of an adverse character relative to the general
position of politics.
Consols opened 93' to Aex div. for the 18th
January, as they closed on Saturday, touched 954,
fell to 95 to 1, rallied to 94 " buyers," descended
again to 951, "sellers," and finally closed 951 to
The official business report is as follows:—Three
per Cent. Consols, for money (shut); ditto, for the
opening, 18th January, 93, 11,1 ex div.; Three
per Cent. Reduced, 631, f, ;"Three-aud-a-Quarter
per Cents., 971. 29 ,4,1 3. Annuities of 30 years, 1859,
6. Bank Stock, 221).
Exchequer Bills remain quoted 6s. to 91. prem.,
and India Bonds 21. to ss. prem.
The foreign securities usually dealt in continue
little affected by political events, the transactions
being still limited. Generally prices are well sup-
ported. Peruvian shows more firmness. At 4
o'clotk Mexican Bonds were quoted 241 to 23,1. Pe-
ruvian Four-and-a-Hall per Cents., 70 to 71 • ditto
Three per Cents.,4B to 50. Grenada Deferred, hto 81.
Sardinian, 90 to 91 ex div. Spanish Deferred,
221 to 1; the Certificates, 31 to a per cent. RUS-
binD Five per Cents., 112 to 113.; ditto Four-and-
a-Half per Cents., 98 to 99. Sales arc recorded as
follows :—Belgian Four-and-a-Half per Cents., 961 ;
(exchange, 230 Brazilian Old Five per Cents.,
98!, 997 Dutch Four-and-a-Half per Cents., 641.
Mexican Three per Cents., for account 16th Dec.,
251. Peruvian Four-and-a-Half per Cents., 70, 1.
Portuguese Four per Cents., 42, Russian Four-
and-a-Half per Cents., 984, 1. Spanish Old Three
per Cents, 471 • ditto New Deferred Three per
Cents., 22i ; the Passive Bonds (Converted), 41 ; the
Committee's Certifs., 51 per cent.
The value of the gold brought in on freight by the
steamer Victoria from Australia, which amounts to
184,000 ounces, is equal, at 41. per ounce, to 736,0001.
This is irrespective of the sums in private hands. To-
day there was no inquiry for gold for the continent;
and, unless the exchanges should take an unfavour-
able turn, there is every probability a the bulk of this
large sum being sent into the Bank of England. On
gold sent into the Paris Mint there is now a loss of
63 days' interest—a circumstance which tends to
discourage shipments of the precious metal from this
side.

The dollars brought in by the last West India
packet were sold to-day at ss. OW. per ounce, being a
reduction of no less than d. from the price realised at
the last sale ; and the bar silver at 52. 1 d. per ounce
staildard, or Id. lower. The decline iu the price of
dollars is more marked than in that of bar silver, owing
to the former having been driven up to a dispropor-
tionate figure by the late demand for China. In fact,
according to this comparison, the price of dollars is
still too high. A portion of the above supplies was
taken for China and India, but the bulk of them is
destined for despatch to other fort ign parts.
Hamburg letters of Friday state that money was
tighter, at 31 per cent. The stock market was quiet.
Bills on London were in less demand, at 13.01 for
long, and 13.2; for short paper. Wheat was in more
request. In Spelter there had been transactions at
15; to d b.m.
Wednesday next, the 14th instant, will be " mak-
ing up" day in the share market.
It appears the amount of specie brought over by
the Arabia from New York is no lass than 663,790
dollars, or about 133,0001. sterling. The remittances
of the precious metals from that side are certainly
much larger than had been expected. The last
accounts from New York represent the exchange
market as firm, at 1091 to 110 for bills on England,
at which rate a small profit is shown on shipments of
gold to this side. With reference to the general
position of the money and stock markets we extract
the subjoined from the circular of Messrs. Cammann
and Co., dated New York, the 29th Nov.:

The quotations of stocks show generally no material
change from those given in our last report. The upward
tendency which then existed is no longer apparent, the
character of the last news from Europe not being deemed
entirely satisfactory, and causing some reaction from the
highest point reached during the fortnight. There is ra-
ther more inquiry far railroad securities, the proceeds of
the government loans presented for redemption being to a
considerable extent thus reinvested. The purchases of the
latter by the Secretary of the Treasury since Ist inst.
amount to nearly 1,000,000 dole. As the supply of the
former is no longer augmented by new issues, the amount
offered for sale is gradually decreasing. In State and City
loans we have no important transactions or change in
prices to notice. The supply of both is limited, and State
stocks are decidedly scarce; the demand for investment
and banking purposes absorbing readily all that are offered.
Money is very abundant on call at 6 to 7 per cent. This
proceeds partly from the decreased demand consequent
upon the liquidation of old engagements, and an indisposi-
tion at the moment to enter upon new transactions in-
vetoing the outlay of capital. The banks have ceased con-
tracting, and their specie strength having increased, they
ars enabled to meet the wants of their dealers rather more
freely. The following is a comparative statement of the
different items embraced in their reports of 12th and 26th
instant :

Nov. 12. Nov. 28.
dole. dole.
Loans 82,832,400 84,802,844

Specie 12;823,575 13,353,046
Circulation
Deposits 56,200,000 58,683,052
The negotiation of paper is attended with less difficulty,
and first class names can now be discounted at 10 to 12 per
cent. Stock contracts at 60 to 90 days are also movie at
:user rates. The receipts of the New York Central Rail-
road last month are reported at 585,945 34 dole. In Oct.,
1852, they were 416,541 17 dole. Increase, 139,404 17
dole. Foreign exchanges are firm. Toe shipments of gold
to Europe since cur bat amount to 1,161,451 duls. Re-
ceipts from California, 1,075,000 dole. The balance of
coin in the Sub-Treasury is 6,190,016 dole., and its daily
disbursements are twice the amount of receipts.
P.S. Since the above was prepared the arrival of the At-
iantic with favourable fillIIIC,ll accounts from Landon has
given an improved tone to the stock market, and prices
have alvanced,cloaing firm.
The following amended statement (extracted from
the London Weekly Railway Share List) shows the
amount of railway calls falling due in December:

Amount per .hare.
Due in Dee.,lssl. tut;.A;:il sp ca. 01.ubea,gbee,r.
•cenerat renimaula

ii;;;;;;; ;;--- 6 3 2 0 0 40,000 80,600
FAA Orittste
Kirest Indian Ps
ninsuly, New Ca-
pital
Great StAfthern and
Weetrrn, Ireland,
4 per mt.. Pre-
ference .C2O
Irfah South Eastern 8 11 1 0 0 52,300 52,500
Lancaeter and Preis-
_

----
1 depolit 010 0 11,736 3,86 i
Limerick Jt Foynet 1 3 2 0 0 5,200 10,100
Mann., Steeff., and
Linednehkire, £6
Prel. • 3 3 110 0 172,500 238,730
Midland Great Wee-

Tcrn,.E;4l' ►s 471 2►o 0 :tow 50,000
M ,nd G rest Wes-

tern, .1:25
*Paris and Stras-
bourg Bonds of
1852 lO 15 5 0 0 50,000 250,000
Knewsburyict'bee-
. _ . _ —

try, s p. Med.
Pref.
Uinteba•en & Far
nem Janet., glO
Pref.
- 931,496
• The proportion called by foreign companies Is £450,000, but
the bolding. of Enslila proprietors me not known.