The Express.
London, England, 1853-09-01 00:00:00

WIDNESDAT EVNNIXO.
The English stack market today opened with ap-
parent firmness, with Console ruling 1- better than
yesterday, at 981 to 1 for money and the Bth Sept.
A reaction to 98 toe succeeded, the later advices
relative to the Eastern question being unfavourably
viewed, and the intelligence of corn riots at Liege also
having a depressing influence; but at about half-past
two a sudden decline to 971 to ensued, on sales by
' brokers usually reputed to be well informed, which
induced a general report in the house that
the Bank of England Board, at its weekly
sitting to-morrow, is likely to raise the rate of
discount. The broker N% ho ordinarily acts for the
' Bank and fur liovernment appearing as a seller at
the reduced prices, Consols further fell to 971 to 1,
but soon rallied to 971 tol, which was also the closing
quotation at 4 o'clock. The fall of the day is thus
per cent., and the selling seems to have been con-
siderable. In the ogler departments of the market
a corresponding degree of heaviness prevailed, espe-
cially at the close. Money to-day was in rather more
demand in the Stock Exchange. The official report
of business in the funds includes :—Three per Cent.
Consols, for money, 941, 98, 1, 974, ; ditto for
account, Bth Sept., 981, 971, 1. Three per Cent.
Reduced, 981, 99, 981, a. Three-and-a-Quarter
per Cents., 1011, 1, 101. Annuities of 30 years,
1860, 5 11-16 ; Bank Stock, 2281.
Exchequer Bills remain quoted ls. die, to 2s.
prem., and India Bonds, 15s. to 20s. prem.
In the foreign stock market inactivity continues
to prevail, and prices are unmarked by any especial
movement. At the close, however, the tone seemed
generally weaker. Mexican has again slightly given
way. At four o'clock Mexican Bonds were. quoted
261t0 1; Peruvian Deferred, 59 to 61; Spanish De-
ferred, 231 to z ; the Committee's Certificates, 6 to
61 per cent. ; Granada Active, 23 to 24; ditto De-
ferred, 91 to 10. The list of actual sales embraces :
Brazilian Old Five per Cent. Small Bonds, 102 ;
ditto Four-an:'-a-llalf per Cents., 1852, 99-1. Chilian
Six per Cents., 105. Dutch Four per Cent. Certifs.,
981. Mexican Three per Cents. for account, 15th
Sept., 26,i, 1. Portuguese Four per Cents, 451, 441.
Russian Five per Cents., 119, 1181. Sardinian
Five per Cents., 961, 1, I. Spanish Old Three per
Cents., 471. The Committees Certifs., 61 per cent.
It may be mentioned that, although it is very
generally recognised that the Bank of Englund
will before long raise its rate of discount, the idea
that the step in question will be adopted to-morrow
was not generally entertained in mercantile clicks.
Nor does the rumour appear to have had the effect,
so often noticed under such circumstances, of causing

any material increase in the demand fur accommoda-
tion. Money to-day was in good demand, and fully
employed, but there was no apparent stringency.
Owing to the 4th of September falling on a Sunday,
the bills due on that day will, of course, have to be
met on Saturday next. This will, doubtless, lead to
an increase in the demand for accommodation.

The demand for raid to-day has continued active;
but the actual renuttaneea are still checked by the
absence of fresh arrivals from Australia, and by the
indisposition to take gold from the Bank of England
at its fixed rate of 31. 17s. 104 d. Several parties
desirous of remitting have been awaiting the arrival
in the f hames of the Highland Home and Emigrant,
which bring in together 24,000 ounces of the pre-
cious metal from Port Phillip and Geelong. This
gold was temporarily deposited in the Bank to-day,
and will consequently be in hsnd to-morrow for melt-
ing, preparatory to its being sent away. Some fur-
!her large amounts of Russian imperials have been
withdrawn from the Bank for remittance to Russia.
The price of dollars has again risen, some sales
having been effected to-day at Os. Old. per ounce.
This silver was from the continent, and was taken
for despatch to the east by the steamer which will
leave for Alexandria in the earlypart of next month,
and which will take out a very large sum in specie
' and bullion. The demand for dollars, it may be
mentioned, owing to the rebellion in China, is at
present more active than that for bar silver. Some
very heavy amounts of silver have lately been col-
lected in Hamburg and other parts of the con-
tinent to meet the eastern demand, and there
can be no doubt that their transmission to
this side has aggravated the unfavourable
tendency of the foreign exchanges. The mar-
ket for silver still maintains a firm appearance
at the late advance ; but none of the large amount of
treasure brought in by her Majesty's ship Daedalus
has vet been sold, not being yet deliverable. Letters
received from the City of Mexico thin day, via New
York, mention the important feet that the condoeta
had left fur the coast with no less than 4,000,000 dots.
in specie, being the largest amount ever despatched
by one conveyance. There is thus a prospect of the
Indian and Chinese demand for silver being well met.
In Mark-lane to-day, although there was less busi-
ness on foreign account, Monday's advanced prices
were fully maintained. Purchasers for the Conti-
nent are still in the market.
Letters received from France to-day by eminent
firms refer to the probability of a reaction in the
French corn markets, after the late extraordinary up-
wai d movement.
Private letters received to-day from several parts of
Scotland, including Dundee and Kirkaldy, allude in
terms of great uneasiness to three days' incessant
rain "A ..:1 which the country, at this critical period,
was then visited.

The half•yearly meeting of the Rouen and Havre
Railclay Company is to be held at Paris on the 30th
Septelaber.
With reference to some recent failures in Mexico
the New Orleans Picayune observes :

Several mercantile failures are announced. Among them
these of Arhida and Co., of Zacatecas, for 121,000 doh.. ;
Valenzuela and Suarez, of Silao, for 80.000 dole.; Villa-
nueva, of Guadalajara, for 90,000 dole Others of great im-
pomace, but of which no positive announcement is made,
are said t., have occurred.
Land shares to-day were scarcely changed in price.
Australian Agricultural closed 343 to 353. Van
Diemen's Land were 10s. higher. North British
Australasian were quoted 1-16 dia. to 1-16 prem. ;
and the New shares, par to prem. Crystal Palace
shares closed 1 13-16 to 1 13-16 prem. ; and the new
issue, 14 to 15 prem. Australian Bank shares were
heavy, especially Australasia and Union. Oriental
Bank were also cheaper. Those of the Bank of
India, Australia, and China, however, were firm.
Australasian Pacific Mail Steam (121. paid), mark
73. Shares of the Bombay and Baroda Railway
were quoted par to j prem. ; and the two French
Water Companies also par to prem.
Annexed are the latest reports front continental
bourses, u received by Mr. Reuter's express :
Amsterdam, Tuesday, closing prices:—butch Four
per Cents., JS, ; ditto Two-and-a-Half per Cents.,
63 i-16; Spanish Defer.ed Three per Cents., 23
3.16 ; the Coupons, 63 ; Austrian Five per Cent.
Metallies, 62; ; Mexican New, 26 ; Granada De-
ferred, 9.1; ditto Active, 223; Peruvian, New, 815;
Greek (Blue), 63; Equador, t 3.16: Portuguese
' New, 40 3-16.