The Express.
London, England, 1854-01-09 00:00:00

MONEY MARERT.

—...
SATURDAY Evacuee.
The funds to-day spin showed much heaviness,
and cloud at a further fall of about 1 per cent.
Throughout the day the tendency was downwards,
an uneasy feeling being engendered by the firm tone
pervading the French diplomatic note which was
this day published in eztiosso, and by the absence of
any sign that the Czar will give way. The heavy
tall at Paris, coupled with the decline on the other
Continental bounce, naturally reacts here. Mery
wee in increased demand to-day in the Wok
ehange,.being wanted for repayment to do Wok et
Bighead of some of the advances on stock remedy
made by that establishment.
Osst opened at 921 to lex div. for the 18th
firat., &Wised to 921, rallied to 921 to 1, and were
redat the official close 921 to 1. At 3 o'clock'
market was a shade firmer at 921 exactly, bet
after that hour there were again sellers at this firm
There have been large "optional" sales of Oesatb
for this and the February account. Far the 0 pea
and call" of Consols at 921 for the February ste-
count, 21 per cent. his been given to some amount.
is
I The official businom report u follows:—Three
pig Cent. Consols, for mosey, 921,1, 1, ex Siv4 1
des for account, 18th January, 921, 1, ex div.,
Three per Cent. Reduced, 93, 921, 1. Three-and-
a-Quarter per Cents., 94, 931, 1. Long Annuities,
1860, 5 5.16, 51; ditto, 30 years, 1859, 5 1-16. Bank
Stock, 217, 219.
Exchequer Bills closed ls. lower than yesterday at
,On to 95. prem. India Bonds were slightly flatter,
1 at par to 4s. prem.
The foreign stock market was generally lower,
especially for Russian Four-and-a-Half per Cents.,
Mexican, Peruvian, and Spanish. At 3 o'clock Mexi-
can Bonds were quoted 221 to 231. Peruvian
Four-and-a-Half per Cents., 66 to 67 ; ditto
Three per Cents., 46 to 48. Sardinian, 89 to
91. Spanish Deferred, 201 to 1 ex die. Rusks
Five per Cents., 111 to 113 ; ditto Four-and-a-Half per
Cents., 92 to 94 ex div. Granule. Active, 20 to 21;
ditto Deferred, 61 to 71. Sales are recorded as follows;
Danish Three per Cents., 1P25, 84, 1. Dutch Tau
and-a-Half /per Cents., 621, 83, ex div. Fume
Four-and-a-Half per Cent. Rentes, 97f. (Exchaippe
25f. 10c). Mexican Three per Cents., for mune
16th Jan., 23, 1. Russian Four-and-a-Half per Cents.,
93, 921 ex div. Sardinian Five per Cents., 90.
p attdOld Three per Cents., 44 ex div.; do. New
Three per Cents., 201 ex div.
It is believed in many well informed &else. that
the large purchases of stock expected to be made by
the holders of non-commuted stocks, who are being
paid oil this month, have already been in a
immure " discounted." Many of the large
are stated to have borrowed money, and bought sleek,
and to this influence the late rise of Connie from 91
to 981, or 97, is partly attributed.
The directors of the South Sea Company have
semi a special general court of the proprietary for
the 19th nut., to consider the proposed bill—" To
wide the South Sea Company to realise and divide
their capital stock and assets, and to enter into
inesigseesats with the proprietors of the stock of
the company, and to undertake the administration of
Oblate trusts."
The arrivals of the precious metals reported this
week have been extraordinarily heavy, owing to the
simultaneous receipt of large sums from Australia
and America. Our list includes 330,628 dollars by
the Andes, 440,000 dollars by the N iagara, and
600,000 dollars by the Atlantic, all from New York ;
1,116,989 dollars (nearly all in silver) by the Magda-
lena, from the Pacific and Mexico; and 2001. by the
Sultan, from Lisbon. Intelligence has also just been
received of the arrival of the Frances Henty, from
Melbourne, with 68,800 ounces of gold, and of the
Welter Hood, from Sydney, with 31,759 ounces.
The arrival was likewise reported this afternoon of
the Countess of Leicester, from Sydney ; but it is not
?lirown what quantity of gold this vessel has on
Summarising these arrivals, a total value is
shown of no less than 1,070,0001. sterling, of which
254,0001. is from New York; 423,0001., nearly all in
silver, from the Pacific and Mexico; and 394,0001. in
Australian gold.
The Custom-house statement of the exports of the
precious metals direct from London, during the
week ending Thursday last, includes only 3,140
ounces of gold, and 1,050 ounces of silver, represent-
ing an aggregate value of under 13,0001. 'l'he ac-
count in detail is as follows: Gold coin, to Belgium,
3,100 ounces; gold bars, to Boulogne, 40 mimeo
silver coin, to Boulogne, 806 ounces ; silver bars, to
Boulogne, 230 ounces.
The other shipments reported to us comprise
235,990/. by the Ripon, for Alexandria and the East
(of which 28,4201. was in gold, and 207,5701. in sil-
ver); and 9,2351. by the La Plata, for the West In-
dies. The total ascertained shipments for the week
are thus rather below 260,0001. It is known, how-
ever, that the bulk of the specie imported from the
United States is on continental account, and that,
owing to the steady demand for exportation, the
larger proportion of the late imports of gold have
been promptly despatched abroad in private hands. I
Nevertheless, the large imports of the precious metals
are calculated to produce a more confident feeling in
monetary circles, as they at least serve to feed the
continental and Asiatic demand and to check any
farther decline in the Bank's stock of bullion. The
reeeipts by the Magdalena, Frances Henty, and
Walter Wed, it may be observed, will not be deli-
verable in London till next week at the earliest.
The Walter Hood sailed from Sydney on the 13th
Oct, end the Frances Henty from Melbourne on the
mousey. These advice' are consequently about a
fortnight later than those previously received. The
commercial and general accounts from the Australian
osisies are satisfactory. For the details reference
ule reads to another column. Of the gold brought
is dams to co vessels, 18,700 ounces in addition to
consignments, are to the credit of the Lon-
branch of the Bank of New South Wales.
It appears the report that the Madagascar had been
spoken with at sea, was founded on an error, another
yowl having been mistaken for her. Such is the
esnisty now ,excited by the non-appearance of this
sand that the rate of insurance has risen at Lloyds
Is SS I. per cent. The Madagascar, besides 60,000
moose of gold on freight, has a valuable cargo of
Wool, &a
The markets for Russian ptodace continue in a very
wolfed state. In tallow a large business was done
today, at a further rise of Bd. per cwt., making an
advance of ls. 6d. in two days. Of hemp there were
buyers to-day at 401. per ton, being a rums of 31. to
41. in the week. This movement naturally reacts
upon other articles of produce. For instance, cocoa-
nut oil has risen this week 21. per ton.
The amount of bills drawn by the East India Com-
pany on their respective presidencies from the 24th
ult. to the 7th inst (this days as follows
Rate of Exchange.
Bengal £31,913 18 6 12,. nyi ....., co.. ~,,._
Madras 3,266 15 11 Jwv". r"' '' '''Y'`.
Bushey

Total £85.33014 5
Notice is given that application has been made for
a charter for a company, to be called the Telegraph
Company, for establishing one continuous and uni-
form system of telegrsphic communication between
Dublin, the north of Swtland, Osborne, Windsor,
and London, and the other chief cities of the
kingdom.
A special general meeting of the proprietors of the
Union Bank of Australia is called for the 23rd inst.,
when the directors will make a statement of the
Bank's affairs up to the 31st Dec., 1853, and declare
a dividend.
The prospectus is issued of-the Caps Town Rail-
way and Dock Company, with a capital of 800,0001.,
in 201. shares. The object of the company, as de-
tailed in the pees eotua, is to introduce into the Cape
colony a progrssstve system of railways, and to sup-
ply to its topical safe and convenient accommodations