The Express.
London, England, 1853-05-21 00:00:00

DANE OP ENGLAND.

Amounts of New Stocks Total amount
accepted this day. accepted.
£3 10s. per Cents. .. £4,645 2 9 £99,731 2 3
£2 10s. per Cents... 14,175 0 0 1,330,189 11 0
Exchequer Bonds Nil. 4,200 0 0

Total
801:TH SPA

Amount of Annuities Total mutant
commuted this day. commuted.
For £3 10s. per cent
Annuities
For £2 10s. ditto 13,178 3 0 82,825 6 9
Exchequer Bonds
Total
It was officially announced in the Stock Exchange
to-day that the business of the house will be re-
moved on Friday next (the 27th inst.) to the Hail of
Commerce, during the repairing and enlarging of the
old edifice. Although the repairs will in all
probability be quite completed within six months,
it appears that the Stock Exchange Committee have
takes the Hall of Commerce for 12 months, and it is
whispered that this decision is founded on the ap-
prehension that, when once the hall shall shall have
been made the recognisedplace of business, a species
of rival market might spring up, to the detriment of
the regular market. By their arrangement the
committee will have the power of shutting up the
hall, if they think fit, for the last six months of their
tenure. It is feared that considerable inconvenience
will be caused by the removal being fixed to take
place so near the commencement of the settling.
The directors of the Eastern Steam Navigation
Company have just made a call of 2/. per share, in
two instalments of 11. each, payable by the 20th
June and the 20th August respectively.
Land shares were firmer to-day. Agricultural
rose 11., and British American 21. North British
Australasian, however, do not rally from their late
depression. Australian Bank shares were also firmer,
especially South Australian. Crystal Palace shares
were lees actively dealt in, but well supported, clos-
ing 3k to 31 prem. Shares of the Bank of British
North America have been done at 622 ; Union Bank
of London, 181 ; London Docks, 129; Netherlands
Land Enclosure (21. paid), 11; Peninsular and
Oriental Steam, 83; Grand Trunk Railway of
Canada shares closed par to 3 prem.; and Grand
Central of France, 2k to 2?, prem.
The market for foreign exchanges to-day fully
'maintained the firmness noticed last post. For three
months' bills on Amsterdam the rate ruled at the
higher quotation of 11.19. Leghorn was done as
high as 29.70. Paris and Hamburg remained un-
altered in price, but there are few takers of bills, and
the absence of demand for paper on the Continent
generally is deserving of being referred to as a
favourable feature.
The Oriental Gas Company have received the fol-
lowing favourable communication from the East
India House:
East India House,'May 20, 1863.
SIR,—I have laid before the Court of Directors your
letter, dated the 4th instant, setting forth the objects of
the "Oriental Gas Company," and the concessions which
are thought necessary for enabling it to carry out the object
of supplying gas to the various presidencies in India, and
requesting that the court will recommend the company to
the favourable consideration of the local governments. In
reply, I am commanded to repeat the intimation made to
you in your recent interview with the chairman and deputy-
chairman, viz., that it rests with the governments in India
to determine what amount of encouragement shall be

afforded to the undertaking in which you am engaged ;
but that the court, in forwarding a copy of your letter to
the several local governments, have expressed the warm
interest they feel in the object your company has in view,
of affording the advantage of gas lighting to the cities of
India.

I am, sir, your most obedient bumble servant,
James Barber, E.q. (Signed) JAS. MELVILL.
Of the communications that have reached us on
the subject of the South Sea stock conversion we in-
sert the following. Our correspondent appears to
lose sight of the consequences that would imme-
diately follow if nearly ten millions of money, with-
drawn from South Sea stock, were thrown for in-
vestment into the Consol market. The scarcity of
stock would at once lead to a very marked rise in
price, which would of course tend to render the
operation less desirable than at present.