The Express.
London, England, 1851-12-22 00:00:00

MONBY MARKET.

THIS DAY.
Two o'Crom.
The English stack market remains firm, additional
confidence being imparted by the continued rise on the
French Bourse. The result of the election in France
is, of course, the chief object of interest, though
no doubt is entertained as to the result of the de-
claration that will be officially made. Meanwhile
business in the Stock Exchange is restricted,
there being little disposition to operate extensively
in any department.
Consols' have only varied from buyers to sellers at
97. They are now quoted 97 to 3 ex div. for the
openin/ of the 16th January, being a further rise elk
since Saturday afternoon, and an advance of 3 since
last Monday. To-morrow the purchases on account of
the sinking fund will be renewed. The official report
of the day's business is as follows :—Three per Cent.
Consols for account, 973, 963,, 973 ex div.; Three per
Cent. Reduced 974, 3; New Three-and-a-Quarter
per Cents., 981, 3„ ; Long Au-unities, 1860, 7 1-16;
ditto 30 years, 1859, 6 13-16.
Business in the floating debt is decidedly more
active, and Exchequer Bills have risen Is., the pre-
sent quotation being 495. to 325. prem., with a good
many buyers offering. In India Bonds the only
bantam has been a solitary sale at 60s. prem.
Very few transactions have been concluded in the
foreign market, but Sardinian Bonds and Russian
Four-and-a-Half per Cents, are better. The market
for this latter stock has evinced a decided upward
tendency for some time, which has been partially
kept in check by sales on French account, parties on
the other side of the Channel, who purchased at the
range of 94 to 96, realising a handsome pro-
fit. The full payment on Sardinian Bonds
having been completed this month, this stock stands
at a considerable advance on late rates, and is be-
coming more in favour with investors. Sales of
French Itentes in small parcels continue to offer,
but the realization on this side does not appear
to be usually effected on favourable terms. To-day's
business list is as follows: Brazilian Old Five per
Cents., 95, 941; ditto New, 1129 and 39, 94. Dutch
Four per Cent. Certificates, 90. French Five per
Cent. Rentes, 101 fr. ; ditto Three per Cents.,
641 r. 75c. (exchange, 25fr. 25.) Mexican Bonds,
for ac(ount, 31st Ike., 263, t. Russian Four-and-a-
Half per Cents., 102,1, I, 3. Sardinian Five per
Cent., 84, 3. .Spanish Active Five per Cents., 20/ ;
ditto Three per Cents., 401.
The market for tho Californian Gold Mining shares
remains steady, with attention chiefly engaged with
the settling in Nouveau Mondes, fixed for to-day.
These shares are rather scarce, and aro now quoted
buyers at 9-10 prem. In Ague Frills there was a
rise of 10s. on Saturday afternoon, business
being done at 13 prem., and the improvement is to-day
maintained, the present rate being 1 3-16 to 5-16
Fem. Other descriptions are firm, with more busi-
ness offering.

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SATURDAY Eras's°.
This week the import of a large quantity of gold
quartz is a feature which attracts great attention.
lf, as seems likely, this direct importation from Cali-
fornia continues, it will most materially affect com-
mercial operations, because, at present, bullion re-
mitted for goods sent to California goes to Philade-
delphia, and there being coined,is brought here.
This transit produces an unfavourable influence in
tke Atlantic states, interfering with the markets, and
affecting the exchanges.
The large amount of bullion in the Bank of Eng-
land, reported in last night's returns, excites much
interest. The total was given at 16,920,988/. ; and
as the imports of this week exceed the exports, it is
supposed the bullion already exceeds 17,000,0001.,
and will be so reported in the next returns.
As the probable accumulation is higher than any
within the experience of the public, it may be useful
to refer to the maximum amounts of bullion within
the last twenty years. From an examination of
these returns it appears that until 1844 the bullion
never reached 16,000,0001. On the 30th March in
that year it amounted to 16,322.0004, and after a
decline it rose again in May, and was throughout
June above 16,500,00 UL. being on the 21st June
16,639,3131. In 1846 it was again above 16,000,0001.,
the highest figure being 16,366,0681. At the end of
1849 it reached 16,000,0001., and in December of
that year 17,000,0001., namely, on the 15th,
16,991,2611., on the 22nd, 17,080,6421., and on the
29th, 17,016,1631. Oa the sth January, 1830, it was
17,020,4801., and on the 23rd March of the same
year, 17,293,6781., with every prospect of a large
advance. The silver crisis however commenced, and
although the bullion for a long time kept near
17,000,000. it did not advance. At Paris, however,
14 U lUS that extraordinary aseensional movement
whseh on the 18th September touched the maximum
of 25,063,3811., one of the largest accumulations of
treasure ever made. It will be observed that this
week the Bank of France total is 22,303,3411.
It will be seen from the above analysis that once
only of late years, namely about this period in 1849,
has the Bank of England bullion advanced to suck
an extent as that now reported, and u we know
large remittances are coming forward, we aro jar
tided in expecting, if no political events interpose,
an unexampled supply of treasure.
By the further decline in the bullion above noted,
the stock is reduced to twenty-two millions and a half
—still a very high figure. The falling off is mainly
in the departments. The continuous increase in the
amount of gold deposited with the bank is another
feature worthy
.of attention. The increase in the go-
vernment securities is apparently caused by the Mum
of 10,000,000 f. having been " advanced to the city of
Paris on the provisional loan of 20,000,000f.5 This
is a new item in the creditor account of the bank.
In the bullion market here no change has taken
this week, but it is otherwise abroad. Gold
19:11 19 Gnat Noibicie3 erCen,
e-
Yellen another mark at Ilaniburg, being now
spas ).*VI sAti:dV quoted only 426!. The rate of exchange. comes re-
YRN
. '33 143 ported the same as last post. At Paris gold has
fallen to the usual rates ; but bar silver, after treed-
-
HS 141 i lag to 10 per milk premium, speedily rallied to 11
per mille.
The last prices of bullion in this market, as given
by Messrs. Sharps and Wilkins, are : Mexican and
.It South American dollars, 45.111 d. per oz. ; bar silver,
6s. 11d. per oz. standard; bar silver, without gold,
ba. Id. per oz. standard ; bar gold, 775. 9d. per es.
standard ; Spanish doubloons, 78s. 9d. per oz. ; Co-
lumbian doubloons, 78s. 6d. per oz. ; American
eagles, 765. 20. per oz. In pillar dollars nothing
has been done.
The imports of specie this week include 3,1701. by
the Peninsular and Oriental steamer Iberia ; 283,0001.
by the Africa ; 822,300 dole. by the Atlantic ; and
82,0001. by the Asia ; all three from New York ; and
156,180 dole. by the City of Manchester from Phila-
delphia. We have a further import of 28,7851. in
Australian gold, by the Bondicar, just arrived at
Gravesend from Sydney. The total imports may
thus be taken at upwarae of 600,000/.
The supplies of silver from this market during the
week ending Thursday last, as shipped direct from
the port of London, amount to 172,900 ounces, or
43,2001., of which 137,900 oz. were in coin, and
15,000 oz. in bars. The account in detail is as fol-
lows: silver coin, to Rotterdam, 109,000 oz.; to
Boulogne, 2,900 oz. • to Belgium, 46,000 or. Silver
bars : to Boulogne, 1,000 oz.; to Rotterdam, 14,000
oz. No gold was shipped this week.
The other exports comprise 257,8001. by the Ripon
(of which amount the gold was 52,0001. to Alexan-
dria, and 6,0001. to Ceylon, and the silver, 4,0001. to
Madras, 36,0001. to Bombay, 147,0001. to Calcutta,
2,8001. to Canton, and 10,000/. to Singapore); and
5,0001. by the Med ray for the West Indies. The
total value of the exports from the United Kingdom
MR. G. F. YouNG, we are sorry to say, is very is thus about 306,0001.
inanely indisposed. Alter the "es? eild their* of the An al •of th traffic returns of the
late droner given to him by the 'ta Miming Lon- an Ims era waY
don on the occasion of the C show, the hos. member United Kingdom for the last week, published by
for Scarborough sought repose at Hastings, and on Sunday, Herepath's 'myna,. shows the total receipts on 6,442
the 13th inst., was there seized with paralysis. However mike to be 250,0774, or at the rate of 391. per mile per
unreasonable and excitable in his opinions and speeches on
the question of free trade, Mr. Young had other and much week. In the corresponding week of last year, the
better g,„una., f„, theo s largo friends, amount was 233,599/. on 6,2,12 miles, or 37/. ss. per
sad to them this attack is the ems deep regret. mile per week. There is thus an increase in the aggre-

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