The Express.
London, England, 1853-07-20 00:00:00

MONEY MARKET.

TUZSDLI Evawneo.
There was a decided movement in the English
stock market to-day, prices closing at a rise of 4 per
cent. on yesterday's rates. The Consol settlement
has led to a demand for stock, and shows clearly
that the public have been buying on balance, during
the late decline; whilst the market is additionally
strengthened, although nothing of a definite charac-
ter has transpired, by the various continental advice,
which agree in referring to the prevalent impression
that the eastern question is likely to be settled by
negotiation. The sustained improvement of the
funds has exercised a favourable influence in all the
other departments of the Stock Exchange, but with-
out inducing any activity of business. It is noticed,
however, that there has been an increased disposition
to-day to purchase for investment, not confined to
any one branch of the market, but chiefly perceptible
in the funds and the railway market.
Console were dealt in to-day at 98 to 981 for
money, and closed 981 to /. }or the 11th August,
the closing price at 4 o'clock was 98 7-16 to 4. Busi-
ness in this department was moderately active. The
official report includes:—Three per Cent. Consols,
for money, 981, 98, 1,4; ditto for account, 11th
August, 981, 4 ; Three per Cent. Reduced, 984,1,
994, 99, 4; Three-and-a-Quarter per Cents., 1014, 4;
Long Annuities, 1860, 5 13-16; ditto 30 years, 1860,
5 9-16; India Stock, 2351, 237, 258; South Sea
Stock, 115, 4 ; ditto, Three per Cent. Annuities, 1751,
100; Bank Stock, 229.

Exchequer Bills were currently dealt in at 2s. die.
to 26. prem., and quoted at the close le. dis. to 28.
prem. India Bonds mark 21s. to 255. prem.
The foreign stock market was inanimate, but ge-
nerally sympathised with the rise in Consols.
Spanish, Sardinian, Russian, and Portuguese realised
improved prices, but Mexican was stationary, and
Granada Active rather heavy. The transactions
were very limited. At 4 o'clock, Mexican Bonds were
quoted 264 to ; Peruvian Deferred, 58 to 60;
ditto Four-and-a-Half per Cent. Scrip, 2 to 1 dia. ;
Granada Active, 21 to 22; ditto Deferred, 9 to
94 ; Spanish Deferred Threes, 221 to 11 ; the Cer-
tificates, 51 to 6 per cent. he actual sales of the
day are thus reported :—Brazilian Old Five per
Cent. Bonds, 1001, 101; ditto, Small, 1001. ditto,
Four-and-a-Half per Cents., 1852, 99. Grana.da De-
ferred Bonds, 91, 1. Mexican Three per Cents.,
261,1. Portuguese Five per Cents., Converted,
1841, ex all overdue coupons, 43; ditto, Four per
Cents., 411, 42. Russian Five per Cents., for ac-
count, 29th July, 118, t. Sardinian Five per Cents.,
941, 95i. Spanish Old Three per Cents., 461,
ditto, New Deferred Three per Cents., 221, 1.
The Woolloomooloo has arrived in the Downs from
Sydney with about 49,000 ounces of gold, worth
196,0001., and dates to the 22nd April, or about 20
days later than the accounts previously to hand. The
general affairs of the colony appeared to be going on
satisfactorily, and it will be gratifying to the large
number of persons who have made consignments of
goods to Australia to learn that the markets were
almost bare of imports, nearly every description of
which ruled at very high prices. it would thus ap-
pear that our large trade with Australia is likely to
continue highly remunerative. The Mary Benne-
tyne had sailed on the Bth April with 440 ounces of
gold, and the Cornelius with one box of gold. The
Catherine Jamieson also left Sydney on the Bth
April, and the Achilles on the 10th, all for London.

The Peninsular and Oriental Company's steamer
Indus, which is fixed to leave Southampton for
Malta and Alexandria to-morrow (Wednesday), will
carry out specie and bullion to the value of 109,9301.,
of which 27,6001. is in gold, and 82,3301. in silver.
The particulars of this shipment are subjoined—viz.,
for Malta, gold, 2,0801.; for Alexandria, gold,
15,0001.; Tor Bombay, silver, 23,0001.; for Madras,
gold, 3001. • for Calcutta, silver, 5,0001.; for Penang,
' silver 2,0001.; Singapore, for silver, 30,0001., and
gold, 3001.; for Hongkong, silver, 15,2001., and gold,
10,0001.; for Canton, silver, 6,5001.; for Shanghai,
silver, 5501.
Letters from St. Petersburg of the 13th July (new
style) communicate few points of interest, and nothing
new as regards political matters. Hopes of a pacific
settlement of the quarrel with Turkey continued
rife; but the writers hint that we on this side are
likely to be much better informed on this point than
themselves. The exchange, which may be regarded
as the best barometer of the state of public feeling
in commercial circles, remained pretty firm, being
quoted 381 to z.
A remarkable feature of the Stock Exchange, in
connexion with the late settling, has been the scar-
city of French shares. Very heavy rates have been
paid for the temporary loan of these securities, and
to-day some stock was "bought in" at a figure
about 10s. per share higher than the price
for account. In fact, it has been impossi-
ble to find a sufficient number of shares
to square the account, which, to some ex-
tent, still remains unsettled. This is a state of
things which appears to excite no little surprise
amongst the frequenters of the market; but it would
appear that such a result might have been fairly ex-
pected in view of the notoriously extensive specula-
tion for a fall in these securities. French shares are
currently held by the investing public on the other
side of the channel, as almost the best security they
can put their money into; and, when we recollect
the large amount of these stocks also held by the
credit banks and by the Bank of Frence, we can readily
understand their scarcity in the market. The real
holders have not been frightened into selling by
political anxieties, nor does it appear that the real
danger of panic in these securities lies in such an
influence. It is not until a monetary pressure takes
place in Paris that the rottenness of the present
French financial system will become apparent. Such
a pressure, by which the Banks would be forced as
sellers on an already paralysed market, would indeed
try it severely ; but at present the tendency of the
market, which is greatly oversold, is evidently the
other way.
In the market for foreign exchanges to-day the
chief feature was a decline in the rates on Austrian
places; but generally the transactions appeared to
be indicative of confidence in the maintenance of the
peace of Europe. Bills on Vienna and Trieste were
done from 10.38 to 11.1 and 11.2. Hamburg was in
less demand than last post, at 13.61, though some
small transactions took place at 13.6. For paper on
Amsterdam there was money at 11.18 to '. Paris
ruled at 25.02! for short. Other exchanges were
unaltered, with but a limited business.
At the general half-yearly meeting of the proprie-
tary of the St. Katharine Docks, held to-day, the net
earnings of the half year were stated at 47,5651.,
making the balance available for dividend 77,6531.
After the payment of a dividend of 2 per cent. for
the half year, 38,8571. remains to be earned forward.
The directors expressed their regret at the retire-
ment of Sir John Hall, who has so meritoriously
filled the post of secretary since the first formation of
the company, and to whom they have granted a re-
tiring allowance.
This being the sixth day of the indigo sales, cata-

Royal Exchange etocke.
Of canal shares the latest Stock Exchange quota-
tions are subjoined :—Ashton and Oldham, 135, 140;
Brecknock and Abergavenny, 821 • Birmingham
(guaranteed 4 per cent. by the London and North
Western Railway), 1051; "Derby, 63 ; Ellesmere and
Cliester,34l ; Grand June., 70 ex div.; Grand Union,
121; Leeds and Liverpool, 550; Leicester, 66; Lei-
cester and Northampton,44!; Loughborough, 510 ;
Macclesfield, 50; Peak Forest, 70; Stafford and
Worcester, 405; Stourbridge, 200: Severn and Wye
Canal and Railway, 24; Warwick and Birmingham,
40; Warwick and Napton, 18; Wilts and Barks, 7
ea div.

Shares in bridge associations command the follow.
ing prices :—llungerford, 12 ; Waterloo, 41, ; Vaux-
hall 24.

Pikes of Gas and Coke Companies shares range
as follows:—British Provincial, 23; Brighton, 16;
City of London, 130; Continental (Third Capital)
071; Great Central, 141; Imperial, 86 ; Independent,
46; London Parliamentary Preference, 23; ; Phcenix,
28t ; liatcliff, 70; United General, 201 ; Westminster
Chartered, 38 ex div. ; ditto new (101. paid), 73 ex
By.

Waterworks stocks arc thus marked :—Berlin, par
to k prem.; East London, 128; Grand Junction, 73.1,
; Kent, 84! ; Southwark and Vauxhall, 88; West
Middlesex, 113 ex div.
Other miscellaneous shares are thus quoted in the
official list:—Assam Tea, 113 ex div. ; Auction Mart,
40; Electric Telegraph (A shares, 201. paid), '2l ;
Hudson's Bay Stock, 224; Hungerford, 473; Price's
Patent Candle Company, 291.
Annexed are the latest reports from continental
bourses, as received by Mr. Reuter's telegraphic
express :—Arnsterdam, Monday, closing prices
Dutch Four per Cents., 95 ; ditto Two-and-a-
Half per Cents., 63h Spanish Deferred Three per
Cents., 224 ; the Old Three per Cents., foreign,
47 5-16 ; the Certifs., 5 1516; Portuguese New, 371 ;
Austrian Five per Cent. Metallics, 82 1.16 ;
Mexican New, 26 9-16 ; Granada Deferred, 9,k' ;
Peruvian New, 804. Paris, closing prices of this
day:—Four-and-a-Half per Cent. Rentes, 102.60;
ditto Three per Cents., 78.20; Bank shares, 2,705.
Vienna, Monday : Five per Cent. Metallics, 944 ;
Exchange on London, 10.44; Bank shares, 1,410.
LONDON COURSE OF EXCHANGE.—JuLT 19.
Tmie. Prkes as negotiated Mtn day
&Rs and Money.
AmaterdAss pert Short 115. Note ... 115. 17sts.
Ditto
Rotterdam • /I 911. 115. Mem. ... 115. 181sm.
Antwerp
Brawls
Hamburg and Altana „ 13mea. 61sch1. 13mes. 81eatt
St. Petersburg per ruble „ 98 penes ... 371 penes
Paris per Z Short 25fr. Oc. 25fr. 05c.
Ditto „ S Monthe2sfl. 20e. ... 2.5 f!. 25e.

Marseilles „ Mfr. 20e. ... 25fr. Mo.
frankfort-on.the.24Alse 14 „ £lO 119,41. kr. ... 11940. kr.
Vann" (accuse) pert . 1011. 59kr. ... 110. ter.
Trieste „ MI. Okr. ... 110. 2ar.
Muhl? per dolor „ 50 pence ... 494 penes
Corns „ ~ 504 ranee ... 504 penes
Maw ill pence ... 50 penes
Baroelona. . ",, 494 pence ... 494 penes
Etv: " " pence ... 494 pence
penes ... 49 penes
Gibraltar pence ... 49 pence
is rr
Leghorn
Genoa
il.z.t. per ducat ~ 414 pence ... 41 pesos
per ounce ~ 124 penes .., 124 penes
Messina
Usbon per milrei 90 daye date 544 pence .. 59 pent*
090010 ., 5414 pence ... 534 Dense
New York On slays sight 484 pesos ... 484 pesos

THIS DAY.—Two o'CLocw.

The funds have retained great firmness all morn-
ing, but within the last hour a partial reaction has
taken place. Consols opened 981 to 4, and were at
one timerather buyers at 1; but the present quotation
is 981 to 1, both for money and .the 11th August.
The Three per Cents. Reduced mark 99 to 1;
the Three-and-a-Quarter per Cents., 1011 to ;
Bank Stock, 228 to 229 ; South Sea Stock, 1151;
Exchequer Bills, ls. dis. to 2s. prem.
There is not much change in the foreign bond mar-
ket, which has been generally firm. Spanish and
Dutch have improved, and Mexican, after slightly
advancing, hu since fallen back to yesterday's range.
Spanish Deferred Threes mark 23; Mexican, 27 to
261; Dutch Two-and-a-Half per Cents., 641 to 1;
ditto Fours, 971 to 7, ; Russian Four-and-a-Half per
Cents., 1001 ; Sardinian Fives, 941 ; Venezuela
Active, 37; Brazilian Four-and-a-Half per Cents.,
991; Austrian Five per Cents., 1852, 97; ex div.