The Express.
London, England, 1853-01-04 00:00:00

BAIL WAYS.

THIS DAY—Two °Tux'.
There is no change in the general aspect of the
share market, business being almost at a stand still.
The dealers are short of stock, and holders evince
little disposition to sell ; but the complete diversion
of speculative dealings to mining shares prevents any
alteration of moment. Caledonian stock is looking

`French shares are rather lower. Royal Swedish
shares were done yesterday at j prem., and to-day at
die.

MARIS! AND STOCKS

it taday .p
to I p.m.

1.441..(W1US 113.;
Do.(ez intrroat)
:ki t►ren of Frain,
Do. 101.3 per et. Bond,
'for H. 3 ARBen•
Norwegian Trunk Prefer.
Puts arr. Lino.
Pans sad Orlr.uut
Puns and Rouen ••
Pnia an I Strawa..• •.
P.ria.Ctaa..awlCitorbAurr
Quebec and Itiatiesead
Ituttea .84 Ilan,
enr:

163 171 pm
40 41

09 40

Do. e► per Cent. Pram
'butler• or Yronco...
roper I•dla Strip
%rot YL•dera

60. ii— pet Cent Prefer.
..f

i Reston of SVrii;rlaad..

iiti liii
3 31 pro
$I il 11.1
I 111

If 41
el iffai x
4 (Ili 4 pen
i i ili AI

MONEY MARKET.

161 I

ioi 11

of
II pm 1 is

MONDAY EVENING.
The English stock market to-day was steadily
supported. Although business was upon • very
limited scale, the general feeling of the market was
rather more favourable than on Saturday. Console
remain quoted 1001 to :f ex div. for the opening of
the 18th of January. The prices of the sales effected
are shown in the annexed official report, viz.:—
Three per Cent. Consols, for the openin.',. 1001 cx
div. Three per Cent. Reduced, 101/, 1. Three-and-
"a-Querter per Cents., 1044, /, t, a. Long Annui-
ties 1860, 6 7-16; ditto, 30 years, 1859, 6 3-16.
Bank Stock, 2241.
The Exchequer Bill market remains firm at 695.
to 725. prem. Of India Bonds there continue to be
purchasers at 83s. prem.
Foreign stocks are also steady, but with little
movement. Turkish scrip maintains its late rally,
and Granada Actives aro better. The list of sales
is annexed:—Belgian Four-and-a-Half per Cents.,
99;; exchange, 25fr. Dutch Two-and-a-Half per
Cents., 671, 4,67 ex div.; ditto, Four per Cent. Cer-
tificates, 991. Granada One-and-a-Half per Cents.,
ex Dee., 1849, Coupon, 22, 1; ditto, Deferred, 131,
1, 1. Mexican Three per Cents., 234, 1. Peruvian
Six per Cents., 1044 ; ditto, Deferred Three per
Cents., 64/. Portuguese Four per Cents., 401 ;
ditto, for account, 14th January, 40. Russian Five
per Cents., 121; ditto, Four-and-a-Half per Cents.,
104 ex div. Sardinian Five per Cents., 96. Spanish
Old Three per Cents.. 491 ex div.; ditto, New De-
ferred Three per Cents., 231, 1, 1 ex div.; the Com-
mittee's Certifs., 41, 41 per cent. Turkish Scrip, 1
prem.
It would appear that the suspension of the issue
to the public of Life Annuities from the office of the
National Debt Commissioners, is temporary only.
The issue will probably be renewed after the 19th
inst., according to the usual forms.
The subjoined, which has reference to the Mexi-
can conversion, now in progress, has been handed to
us by Cul. Facie:—

CONVERSION OF THE MEXICAN STOCK.
The 5 per Cent. Bonds, presented fur conversion up to
this date are as follows :

A B C D Total.
No. of 80nd5.... 25,522 8,852 8,286 8,365 51,025
For these Old Bonds, which have been cancelled, the
follewinq 3 per Cent. New Bonds have been issued—
Letter A No. 1 to 24,522 .... 25,522
„ B „ Ito 8.852 .... 8,852
„ C „ Ito 8,286 .... 8,286
" D „ Ito 8,365 .... 8,365

Total 51,026
Thl conversion is to be closed on the Ist of April next,
and ns the number of bonds acknowledged of the four letters
are 51,742-717 Old Bonds remain to be converted.
F. FActo.

Mexican Financial Agency, 32, Great
Winchester-street, Jan. 3, 18.53.
To-day was settling day in the Stock Exchange
for the shares of the Central Italian Railway Com-
pany. Wednesday next, the sth, has been appointed
settling day for the new shares of the Victoria Dock
Company.
The Phoenician has arrived from Sydney with
48,959 ounces of gold, worth 195,0001. Her dates
are not so late as those brought by the Marco Polo.
She sailed from Sydney one day after the departure
of the mail steamer Australian, the non-arrival of
which vessel has given occasion to a good deal of
anxiety, as it is considered she ought to be home
before now. It must not be forgotten, however,
that the Phoenician came direct from Sydney, whilst
the steamer had to call at the other Australian
ports, thus increasing the chances of delay. By the
last accounts the Australian was at Adelaide, from
which port we have as yet no Recounts of her having
sailed. At present it would appear no serious anxiety
need be entertained about her safety, as she would
have to coal at the Cape or elsewhere on her voyage
home, whilst in case of any accident to her ma-
chinery, her arrival might be almost indefinitely
postponed. To-day as much as 10 per cent. insur-
ance was paid upon her.
The chief excitement in the Stock Exchange to-
day was in the shares of the South Australian Land
Company, which, after rising about 81. on Saturday,
to-day experienced a further improvement of more
than 101. per share, the top price reached being 75,
and the closing price 70 to 72. It appears that gold
has been finally discovered on the property of this
company. Private letters dated the 6th September
state that a party—the writer himself—had obtained
162 ounces of gold of more than ordinary richness
from a single hole on the estate of the company.
The lucky discoverer of this treasure has in conse-
quence attempted to effect a purchase or obtain a
lease of' a portion of the estate in question, but the
company refused to take any such step until the re-
port of their own agent in the colony shall have
been received. This official report is expected
to come to hand by the Australian steamer,
which vessel will also, in all probability, bring letters
to the company detailing the actual position of their
affairs in the colony. At present the company are
in receipt of no official account of this golden Maw
very. It is somewhat remarkable that some bar
years back a discover• of gold on this estate was re-
ported, bat no attention was paid to it, nor were
any explorations entered upon. Within a distance
of three miles from their estate gold has also been
discovered, according to the last accounts. This
company appears to be in a good position, paying
dividends at the rate of 5 per cent. per annum. The
number of the old shares in the association is 12,700,
with 251. paid, making a total capital of 317,5001.
It has been established about 16 years. We notice
the directors have just made a call of 21. 10s. per
share on the new shares.

To-day was marked by a general revival of specu-
lation in the gold mining shares, there being un-
questionable indications of the growing desire of the
public to embark in gold schemes, especially if con-
nected with Australia. The demand continues in-
discriminate, but the shares of the more responsible
companies are chiefly bought by bona fide purchasers.
The absorption of the Australian Agricultural Com-
pany's shares in lots of one, two, and three at a time,
goes on, and though there were numerous limits for
sale in the hands of brokers to-day at 3001., the final
quotation was 2981. to 3021., after reaching 304 P. It
is very evident that the public mind has become
aroused by the continuous discoveries of gold,
and that ventures of this kind are increasing
in favour out of doors. - The Van Diemens
Land Company's shares improved to 26. In addition
to the miscellaneous share dealings reported in the
official list, there have been transactions as follows,
viz.: Oriental Bank Corporation, 40; Crystal
Palace, 4} ; Eastern Steam, 1 ; General Screw-steam
Shipping, 32; Netherlands Land Enclosure, ;
Peninsular and Oriental Steam, 90,1, 89; ; Royal
Mail Steam, 80, 1, 80. The nominal quotations of
'harts in new urdertokings are subjoined :—Bcziers
and Graissessac Railway, to prem. ; Royal
Swedish Railway, dia. to par ; French South
Eastern Railway, 4 to 4. prem. ; Financial Union
Bank of Paris, par to prem.; Zealand Railway,
to prem. ; City Railway Terminus, dis. to par;
Chiriqui Road, 4- to prem. ; Great Western and
City Junction, par to prem; ; Orleans and Epernay
Railway, par to f prem.; Bank of Asia, die. to
par; London Bank of Australia and India, j to
prem.

The half-yearly dividend, to the '3lst lkvember,
being 3 per cent. on the paid-up capital, with a
further amount from the profits of ss. per share, is
advertised as parable on the shares of the South
Australian Banking Company, after the 14th inst.
An extraordinary general meeting of shareholders
of the Eastern Steam Navigation Company was held
to-day, at the London Tavern, the business being
simply confined to the election of a director, instead
of Henry Davidson, Esq., who had retired. Charles
Geach, Esq., M.P., was unanimously elected. The
chairman briefly alluded to the prosperous state of
the affairs of the company and its future prospects.
The Belgian journals publish a statement of the
amount of national stock just cancelled, comprising
the undermentioned sums, viz., 333,000 f. (13,320 L) of
the Four per Cent. Loan of 30,000,009 f.; 689,000 f.
(27,5601.) of the Three per Cent. loans ;and 189,990 f.
(7,5990 of the Five per Cent. Loan of 28,621,718 L
The bonds representing these amounts have been
burnt at Brussels.

According to a despatch received from the Belgian
Consul General in Switzerland, and published in the
Antwerp papers, great progress has lately been made
in the promotion of the Swiss railway system. The
Western Railway Company of Switzerland, which
lately issued shares for a line from Morges to Yver-
dun, have effected a fusion with the company repre-
sented by Messrs. Fox, Henderson, and Co., who have
applied for the concession of a direct line from
Geneva to Basle. The cantons interested had ad-
mitted the proposals of Messrs. Fox and Henderson's
Company, ou condition of their arriving at a satis-
factory arrangement with the termer company. Tho
line in question will cost, it is stated, 60,000,000 fr.
(2,400,018/1.), and the caution money amounts to
6,000,000 k. (210,000/.) On its completion, Antwerp,
Brussels, Basle, and Geneva will bo united by a
direct railway system.
The subjoined calculations show the rate per cent.
per annum yield..cl by mir government stocks at
present prices. To render the results strictly accu-
rate, the proportion of interest which may have ac-
crued since last dividend period should in each case
be; taken into account. It should also be remem-
bered that the Three-and-a-Quarter per Cent. be-
comes a Three per Cent. Stock in 1834.

Three per Cent. Consols
(ghat) lova
Three per Cent. Reduced lOl4
New Three-and-a-Quarter per Cents
Rank Stock (din and nd calculated at the
rate .I'4 per cent, per annum)
India Steck (die. 10, pet cent. per
annurn)
lexchequer Bins, March (int.titi. per (phut)
cent. per day) lra. cm. 2 3 111
Annexed is a statement (extracted from the Liver-
pool Weekly Share List) showing the rates yielded
by ordinary railway stocks at present prices, the
calculation being based on the dividend paid for the
half-year ending the 30th of June:

la. per emit.
per annum.
£2 19 ai
2 19 2
3 2 O

3 6 11

Int. can'
Prek Price. Railway. r per
annum..
1261 London and North Western Stock ......... £4 6 11
161 London and North Western Fifths.-- ..... 4 6 I
It Liverpool, Crosby, and Southport
95 Great Western 4 4 21
110 Bristol and Exeter 4 1 71
91 Great Smthern and Western—lreanl 3 16 11
91 Midland Great Western—lreland
80 Midland Stock 3 IS
40 Edinburgh and Glasgow . 213
181 York, Newcastle, and Berekk 314 1
89 Lmsaster and Carlisle ...............
91 Lenten and South Western 3 II
421 Dublin and Belfast .. .... 310
85 Lancashire and Yorkshire Stook ... 3 10
48 Midland, Birmingham, and Derby 3 7 Si
61 Glasgow and South Western
131 Eastern Counties.., 3 0 46
231 South Eastern ._ 2 It 9
19 East Lanes-hire

«"""' 3 12
301 Great Northern
121 North Staffonkhlre ...
22 Cheater and Birkenhead. —......—. ...... „. 1417 6
30 York and North Midland .
In using this table it must be borne in mind that
the dividends for the second half of the year are
always larger than those for the first half. Allow-
ance must also be made for the improving traffic.

THIS DAY.—Two o'CLocz.
The market for the home funds remains stationary,
with a quiet business. Consols are quoted 100; to g,
ex div. for the opening of the 18th of January. The
Three per Cents. Reduced mark 1011 to 1; the
Three-and-a-Quarter per Cents., 1041 to a ; Exche-
quer Bills, 695. to 72s prem.; India Bonds, 80s. to
83s. prem.
Foreign bonds are dull, with scarcely a quotable
variation in value. Dutch stocks are rather better.
Peruvian Deferred mark 64; to Go ; Mexican, 23; to
1 ; Granada Deferred, 131; Spanish Old Threes,
491 ex div. ; ditto New Deferred, 23 to 1, ex div.;
Venezuela Actives, 401 ; Dutch Fours, 99 to I.

LATEST FOREIGN EXCHANGES.