The Express.
London, England, 1853-03-02 00:00:00

1110NBY MARKET.

TIIIISDAT EVIEfTWO.
The English jtock market opened favourably, and
was steadily supported during the greater part of the
day, but closed rather weaker. Money continuei in
demand in the Consul market, and commanding this
afternoon 2$ to 3 par cent. In Lombard-street, also,
money is tighter, and the minimum rate for dis-
mount is now fairly over 3 per cent. Indeed it would
man that the diseount houses have not the same
amount of funds in hand es of late, and that they
are eonsequently compelled to charge higher rates.
Under then
circumstances, great attention is directed
to the returns of the amount of securities held by
the Bank of England, and apprehensions are still ex-
pand that the Bank directors will not be slow to take
advantage of the upward tendency of the money
market There was a sale to-day of 175,000 i. Con-
sols by one broker at 991 for time, which also assisted
in checking the firmer tone of the morning. The
reportedsettlement of the Austrian-Turkish question,
however, lets the effect of imparting comparative
steadiness to prices. The railway market was gene-
rally rather higher, but the principal operations rest
with the dealers, the present level of railway shares
presenting les scope for. speculative action. The
tendasey dim& shares is still upwards, this mar-
ket bit iniliestialiroppssaiL Thrower* again
pashas or North sern to-day on account of the
leading operators referred to yesterday.
Consols ranged between 99/ and 991, and at the
close were quoted 991 to 1 for money, and 991 to
11-16 for the 10th March. The oontango to April
ruled at 3-16 to 1, showing a better sup-
ply of stook. The official business report embraces :
Three per Cent. Consols, for money, 99/
R e 1
ditto for account, 991, f. Three per Cmts. -
doped, 1001,1,1. Three-and-a-Quarter per Cents.,
I,i. Bank Stock, 227, 2271. South
Sea Stock, 110.
The June Exchequer Bills were done to-day at
175., 18e., 14a, and 12a. premium, the closing price
being 12s. to 18s. prem. The advertised issue
marks 61., Els., 10a, and ss. prem., and left off
9uoted Ss. to 10s. prem. India Bonds were dealt
in at 40s. prem. The general tone of the market
for the floating debt was flat
Foreign stocks were generally steady, but inac-
tive. Peruvian stocks maintain their late advance.
Turkish scrip was not quite so good as yesterday,
closing Ito 11 prem. There was a further ries in
the price of the certificates issued by the
Spaniels Bondholders' Committee, which reached
7/ per cent. on reports of some new
loan arrangements being in progress, with a
view to relieve the Spanish Treasury of the burden
of its floating debt. There certificates, my some re-
ports, are to be received at the rate of 10 per cent.
on their nominal value. Should such an offer be
made, it is to be hoped the holders of the certificates
would ladies:ally reject any such wretched instal-
ment of their just claim, but, after our experience of
Spanish want of faith, it is difficult to lee how any
one can be so sanguine as to expect the Spanish gc-
vernment will be able to raise any more money
in this market. Sales are thus marked :
Austrian Five per Cent. Bonds, 1852, 971. Belgian
Four-and-a-Half per Cents., 99, 981 (exchange,
25f.). Brazilian Old Five per Cents., 103. Danish
Three per Cents., 1825, 841; ditto, per Cent.,
1041, I, ex div. Dutch Two-and-a-Half per Cents.,
661; ditto Four per Cent. Certificates, 99, 1, 99.
Granada Deferred Bonds, 111. Mexican Three per
Cents., 241. Peruvian Six per Cents., 107, 1,1061;
ditto Deferred Three per Cents., 631. Russian Five
per Cents., 118 ex div. Sardinian Five per Cents.,
951, 94/. Spanish New Deferred Three per Cents.,
231, t ; the Committee's Certificates, 61, 71 per cent
Turkish Six per Cent. Loan, 1/ prem. Venezuela
Deferred One per Cent, 164. The New Peruvian
, Loan was quiet, and closed 4to 41 prem.
The departure of the steamer Hellespont for Port
Philip and Sydney has been delayed, so that letters
j will be in time if posted in London to-morrow
(Wednesday) evening.
Monday next, the 7th March, is appointed settling
day for the second issue of shares of the General
Screw Steam Shipping Company, and for the mini-
, mum 7 per cent preference shares of the North Bri-
tish Australasian Loan and Investment Company.
Both descriptions of shares are to be marked. The
committee have also decided that the shares of the
Railway Passengers' Assurance Company, and the
, debenture shares of the Norfolk Railway Company,
shall be officially marked.
The President of the India Board received this
morning a deputation of the directors of the Upper
India Railway Company, consisting of Sir John
Campbell, ILC.H.; 8. Morton Peto, Esq., M.P. ;
W. P. Andrew, Esq., H.E.LC.S.; Harry Borra-
, dells, Esq., H.E.1.C.b., and Thomas Williams, Esq.
The deputation was accompanied by Sir; Thomas
Herbert Maddock, M.P.; the Hon. John Edmuud
Elliot, M.P. ; Robert &ephenson, Esq., M.P. ;
G. P. Bidder, Esq., and Samuel Laing, Esq., M.P.
Tho importance of the line, and the desirability of
having its construction at once pr seeded with, were
strongly urged, especially by Sir Herbert Maddock,
upon the attention of the right hon. gentleman, who
in reply took the opportunity of enuring the depu-
tation that the government were fully alive to the
importance of the subject; but, owing to the late
government having made a reference to the Gover-
nor-General of India upon the subject, no formal
decision can be come to until the result of that
reference shall have been received by the home
authorities. Sir Charles Wood at the same time
mentioned that this communication might be shortly
expected, and that ho hoped a decision would be
speedily come to. The deputation then retired, per-
fectly satisfied
_with the result of the interview.

Lieut.-General Macleod, late Chief Engineer of
Bengal, was unavoidably prevented from accompany-
ing the deputation.
The following calls have just been made, viz.:—
cell of 31. per share on the shares of the Madras
Railway Company, payable by the 28th March ; a
call of 50fr. (2L) per share on the shares of the
Lyons and Mediterranean Railway Company, less
the interest of 3fr. 50c., payable by the Ist of April;
and a call of 21. 10s. per share on the new shares,
issued in 1851, of the South Australian Company,
payable on the 24th March.
The demand for Australian Bank shares continued
to-day, these securities being largely taken up by
such of the public as are unwilling to risk the uncer-
tainties of mining enterprise. The extraordinary
advance in the value of the old Australian
banks during the last few months has
evideatly directed attention to the establish-
ments recently formed. The shares of the Bank
of Australasia rose about 81. per share to-day, closing
95 to 97; and Union Bank of Australia, 41., leaving
off 78 to 80. Bank of Asia shares closed 1 to 1
prem.; London Bank of Australia and India, to 1
prem. ; North British Australasian Land, 21 to
prem. ; Scottish Australian Investment, 21 to
prem. There have also been inquiries for the shares
of the Netherlands Land Enelosare Company, at
1 to ! premium, the report just issued. by
the directors being favourably received. There
,have been dealings in the shares of the
Oriental Bank at 541,1, 531, and 55, being a further
rise ; Union Bank of London, 171; London Docks,
129 ; Crystal Palace (51. paid), ; General Screw
Steam Shipping (121. paid), 12; Netherlands Land
Enclosure (21. paid), 21, ; Peninsular and
Oriental Steam, 88, „88; Submarine Telegraph (11.
paid), 1, 1. The settlement of the account in Aus-
tralian Agricultural shares was in progress. These
shares are divided on the settling into " ex. the Pcel
River shales," and Peel Rivers. The coatango on
the latter was 1-18 to 1; and, on the former,
1 to 1.

- -
There wu scarce'? any alteration in the market
for foreign exchanges to-day, except for Hamburg,
on which there was a greater supply of bills, the rate
ruling at 13.7; to 8. Vienna and Trieste, Frank-
fort, Leghorn, and Genoa were a trifle lower. The
rates on Paris were unaltered.

The quotatlone of stocks i;Amaterdam on Monday

us thus reported by Mr. Iteuter's telegraphic ex-
tress:—Dutch Four per Cents., 96 7-16; ditto Two-
and-a-Half per Cents., 631. Spanish Deferred Three
per Cents., 231. Mexican New, 24 7-16. Portu-
guese New, 38k. The Spanish Committee's Cer-
tificates, 61. Austrian Five per Cent. Metallic, 81
3-16. Spanish Old Three per Cents., foreign, 411.
At Vienna, on Monday, the Five per Cent. Metallic,
were quoted 941; and Exchange on London, 10.31.

THIS DAY.—Two o'CLoix.
The English stock market to-day is flat, with very
little business doing. Consols are quoted 991 to
for money and the 10th March. The Three per
Cents. Reduced mark 1001 to f ; the Three-and.
a-Quarter per Cents. 1031 to f ; Bank Stock, 228;
India Stock, 266; Exchequer Bills, March, 18.. to
12s. prem.
In the foreiga house the only feature is an im-
provement in Mexican and Spanish. Mexican Bonds
mark 24 to 1 • Peruvian Six per Cents., 1061 ;
Spanish Deferred Threes, 231 to 24; the Com-
mittee's Certificates, 7 to 71 per cent.; Swedish
Loa., 11 die.; Greek Bonds, 6/ to 7; Buenos Ayrean,
62; Sardinian, 95.

COMMERCIAL AND MARKETS.

MARK-LANE.-THIS DAY.
The supplies of all descriptions of grain since Monday
have been small, and the attendance was exceedingly lim. tea.
The value of all descriptions of grain remain nominally the
same as on Monday last.
•111111 ALB LNTO LONDON FROM FEB. 20th to MARCO 2nd.
Wheat Cira Roatisk. &cot.h. IrLk. Forme..
2910 490
Bailey 3280
Nag 1340
Malt ..... ' 1010
I I 9190 I
Flour, 2340 barrels end $9O sacks.

MINCING-LANE.-THIS DAY.
The public sales have been few' and unimportant to-day,
as frequently occurs on a Wednesday.
Svc/AL—The market has a firm appearance.
Comic.—About 1,000 bags of native Ceylon sold yester-
day on 'Change at 48s. 6d., and the market is firm at that
price.
TEA—The demand is limited, u the trade :are waiting
for the recent arrivalabeing put on the market.
COCHINEAL.—A small sale of Teneritiv sold at full
prices, Es. 10d. to 4s. 3d.
Corrox continues out of demand.
85.00.-700 chests of pearl were offered, and partly sold
at 21s. to 22a.
In other articles no material alteration.

TALLOW MARKET.-THIS DAY.
The Tallow market continues firm, at the annexed quo-
tations : Town Tallow, 435. 3d. nett cash.; Petersburg
Y. C. on the root, 445. 6d. ; March and April, 445. 3d. ; Oct.
to December (new), 440. Bd.

BOROUGH HOP MARKET.—THIS DAY.
Messrs. Pattenden and Smith report that the market is
firm for all descriptions of Hops, and late rate. are fully
maintained.

COAL MARKET.-THIS DAY.
Holywell, 19e. 63. ; Walls End Hama, 194.; Walls
End Hettoa, 21s. ; Walls End Stewart's, 21s. ; Walls End
Tees, 21s.—Ships at market, 90.