The Express.
London, England, 1853-02-21 00:00:00

MONEY MARKET.

SATURDAY EVINIXO.
The aspect of the stock market to-day presented
a decided contrast to that of yesterday, considerable
heaviness prevailing. The intelligence of an at-
tempt on the life of the young Emperor of Austria,
taken in combination with reports of the discovery
of an extensive plot throughout Hungary, asd of a
collision between the Austrian and 'furkish troops,
had a very unfavourable effect, and the feeling of
uneasiness was aggravated by the announcement of
the withdrawal of a considerable sum of money which
has hitherto been lying on loan in the Stock Exchange.
In the railway market there was also a decided dis-
position to sell.
Consols ranged between 991 and 991, and the
closing price was 991 to 4 for money, and 991 for
the 10th of March, being a reduction of about 1 per
cent. on the final rate of yesterday. Any tendency
towards a fall is promptly checked by the scarcity of
stock. The official business report is as follows:
Three per Cent. Consols, for money, 991, 4, 4 1;
ditto for account, 991, 4, 1. Three per Cents.
Reduced,lool, 1, Three-and-a-Quarter per Cents.,
1031, 4. Long Annuities, 1860, 61. Three per
Cent. Annuities, 1726, 99/. Bank Stuck, 228, 2271.
Thaw mu Thenanksa sold f= Bills to-day. advertised bllls were sold freely at
par, on account, it is believed, of eminent banking
firms; and although the closing price was 3s. to 13s.
prem., for both the March and June issues, the mar-
ket wears a decidedly heavy appearance.
Business was almost at a stand-still in the foreign
bond market, and with the exception of a rally in
Buenos Ayrcan Bonds, which improved to 62, prices
exhibit no quotable change. There was some in-
quiry, however, for the certificates issued by the
Spanish committee, which realised 5 per cent. The
list of sales is annexed :—Belgian Foar-and-a-Half
per Cents., 99 (exchange 25fr.) Buenos Ayres Six
per Cents., 62. Dutch Four per Cent. Certifs.,
981. Mexican Three per Cents., 234, I. Russian
Four-and a-Half per Cents., 1034. Spanish New
Deferred Three per Cents., 231, 1. The Commit-
tee's Certifs., 5 per cent.
The imports of the precious metals this week have
been as follows:—By the Europa, 200,000 dole. and
by the Baltic, 150,000 dole., both from New York ;
and by the Iberia, from Lisbon, 1,3601. The total
value of these imports may be stated at the trifling
sum of 71,3001. only. The Severn, from the Brazils,
brought in no specie, but ten packages of diamonds
and three of jewellery, the value of which was not
stated in the bills of lading.
The Custom-house statement of the shipments of
the precious metals direct from London during the
week ending Thursday last is as follows :—Gold
coin: to Belgium, 1,800 ounces; to Melbourne and
Geelong, 10,0001. Gold bars: to Hamburg, 2,397
ounces; to Belgium, 3,012 ounces. This gives a
total of 10,000/. and 7,209 ounces of gold, of the
value of about 37,8001. No oilier appears to have
been shipped from London.
In addition to these exports, we are advised of the
shipment of the undermentioned sums from various
ports, viz. :—By the Australian steamer, for Austra-
lia, about 300,0001.; by the Phoenician, 90,0001.;
and by the Australia (sailing vessel), 25,0001., both
for Sydney ; by the Go-Forward, 5,0001., for Mel-
bourne and Geelong ; by the Port Wallace,
10,0001. for Port Phillip; by La Plata, 9,6201.
in specie and jewellery for the West In-
dies ; by the Queen of the South, 50,0001.
in coin for the Cape and Calcutta; by the
Madrid, 1,3611. for Portugal and Gibraltar. The
Bengal, which will leave Southampton for Alexan-
dria to-morrow, will also take out specie and bullion
to the value of 188,5401., of which 36,1001. is in gold,
and the rest in silver. The destination of this sum
is shown below. For Bombay, via Ceylon, 4,400/. in
gold, and 51,0781. in silver; for Madras, 1,900/. in
gold, and 1,9551. in silver; for Calcutta, 74,6951. in
silver; for Penang, 8721. in silver; for Singapore,
22,3401. in silver; for Canton, 1,5001. in silver; for
Alexandria, 29,800/. in gold. Summarising the en-
tire shipments from the kingdom for the week we
find a total of 717,0001., and there is consequently
an excess over imports of between 640,0001.
and 6i0,0001. The shipments of the pre-
cious metals to the Continent are shown to
have nearly ceased ; the exports to the East consist
chiefly of the silver which is periodically brought in
by the West Indian and Mexican steamers, and
merely passes through our market ; bat the chief
drain is now to Australia, which has drawn from us
during this one week no less than 430,0001. in coin.
It is obvious that the imports of gold from Austra-
lia must be very heavy to counterbalance this conti-
nuous drain, which has now been going on, to a
greater or leis extent, for many months.
Letters from St. Petersburg, of the 11th Feb.,
report the rate of exchange on London at 381 to
39d., being a shade more unfavourable to this
country.
We are requested to state that the bill of the
Tynemouth Docks and Railway Company has been
finally allowed to pass the Standing Orders Com-
mittee.

Mr. Charles F. Wiern, merchant of Gottenburg,
elected by his Majesty the King of Sweden, the
President of the Royal Swedish Railway Company,
has arrived in London to confer on behalf of the
Swedish Board with the directors residing in Eng-
land relative to the operations now in progress, and
to finally settle the mode of payment of the dividends.
These shares, it will be remembered, bear a positive
guarantee of 5 per cent. per annum from the govern-
' meat of Sweden, 4 per cent. being appropriated to
interest, and 1 per cent. to a sinking fund. The gua-
rantee continues in operation during the construction
of the line.

Hamburg letters mention that bills on foreign places
were scarce, and prices generally higher. London was
done from 13.41 to lup to 13.6 for short. Gold was
higher at 4'29 marks. There was some inquiry for
imperials at 430 marks, 431 being asked for the few to
be found. Money was very abundant, and no bills were
to be had for discount even at the low rate of 11 per
cent. Funds and shares were held for higher rates, and
business was con . nently limited. The strong frost
had brought a g... deal of ioe into the river, and no
vessels could consequently attempt either to reach or
leave the harbour.

Australian Agricultural shares reached 264 this
morning, but slightlyy receded again, and finally
closed 250 to 255. Ex. the Peel River shares there
were buyers at the commencement of business at
1221., but the closing price was 105 to 115. North
British Australasian were in strong demand, and left off
1 to 11 pm. The shares of the Scottish Australian In-
vestment Company closed l„ to 1i pm. South Austra-
lian Land advanced to 62, but left off 58 to 60. Bank of
Australasia and Union Bank of Australia are rising,
and generally the market for Australian Securities is
very firm, and excites renewed attention. In the
general miscellaneous share market there were trans-
actions in London and County Bank Shares at
30 ; London and Westminster Back, 351, 361 ; Pro-
vincial Bank of Ireland, 48; ; Australian Royal
Mail Steam (61. paid), 31 ; British American Land,
53; Crystal Palace (51. paid), 5,!,, 5; Royal Mail
Steam, 821. Ebro Canal shares are quoted 1; to
prem. ; Chiriqui Road, par to I prem. ; Beziers
and Graissessac Railway, 1 to 7 prem. ; Royal Swe-
dish Railway, to ;dis.; French South Eastern
Railway, par toy prem.; Chartered Bank of Asia, ;
tot dis.; London Bank of Australia and India, ; to
1 L.

THIS DAY.—Tivo o'CLosI.

The English stock market is rather steadier in
tone to-day, but business is very quiet. Consols are
quoted 99', to 3 for money and the 10th of March.
The Three per Cents. ltcduced have been dealt in to
a limited extent at 1091 to 7.; the Thicc-aiiil.a-
Quarter per Cents. at 103:, to ,1; and Bank Stock at
228.

Exchequer Bills are only slightly better, the June
issue marking 10s. to 179. prem.; and the advertised
bills 139. prem. India Bonds have been transacted
at 358. prow.

In the foreign bond market great quietude also
prevails, and the change in prices is tractional. The
bargains of the morning are scattered over the under-
mentioned stocks, viz. :—Mezioan, at 234 ; Spanish
Old Threes, 481 ; ditto New Deferred 231; the
Committee's Certificates, 3; per cent.; Portuguese
Fours, 381; Granada Deterred, Ili; Equador,:i4;
Danish Fives, 107 i. .