The Express.
London, England, 1851-07-01 00:00:00

BAIL WA YS.

THIS DAY.

Two o'CLocz.

The share market, just at this time, readily sym-
pathises with the tone of the English stock mar-
ket, and the flatness noticed in this latter
department has had the effect of inducing a
downward tendency in the prices of shares. Quota-
tions in most instances now rule rather worse than
at the close of yesterday's market.
The London and Brighton Railway traffic con-
tinues good. The return for the week ending the
28th June, just issued, is 12,398/. against 12,04)2!. in
the corresponding week of last year, showing an in-
crease of 196/. The average return per mile per week
is 72.711. against 70.081. in 1830. The total receipts of
the half-year to this date arc 18,6061. more than at the
same date of last year, being 243,8481., against
221,240/. The Brighton, it may be noticed, is not
likely to be so favourably affected by the Exhibition
as the other metropolitan lines, as its chief receipts
at this season arise from pleasure excursions into the
country, and from an extension of its capabilities in
this way any increase of dividend must be mainly
derived.

MONEY MARKET.

THIS DAY.

Two o'etoex.
The announcement of the new Sardinian (Rail-
way) loan for 3,000,000/. (said to have been taken
by Messrs. Hannbro and Sons at 83), although net
unexpected, has unfavourably affected the stock
market, and notwithstanding the support afforded
by the resumption of purchases by the broker of the
National Debt Commissioners, the appearance of
sellers has sent the market back „ per cent. Besides
some sales of Consols at 96!, there have been similar
operations to a noticeable extent in the Reduced
Threes and the Three-and-a-Quarter per Cents.
Consols opened with the quotation ruling at 97 to
but have declined to 964 to 97 ex div. for the 17th
July. The list of actual business is officially given
as follows :—Three per Cent. Consols, for the open-
ing, 97, 1, 961 ; Three per Cent. Rtsluced, 974, .4,
New Tlirce-and-a-Quarter per Cents., 934,-.,1, 4;
Long Annuities, 1860, 7 3-16, 1; South Sea Old
Annuities, 964, 974. Bank Stock is firm, and has
reached 214.

The market for the unfunded securities is un-
changed. Exchequer Bills of all denominations
mark 48s. and-ids. prem. India Bonds, under 1,0001.,
mark stis. prem.
In the foreign stock market there is a decided in-
disposition to operate. Prices show little change,
but Spanish Bonds do not maintain the advance of
yesterday. The list of to•day's bargains is very brief,
comprising only : Danish Five per Cents., 103. I)uteh
Four per Cent. Certificates, 911, 1. Mexican Bonds,
341. Peruvian Deferred, 421, 43. Spanish Active
Five per:Cents. for account 16th July, 214 ; ditto
Passive, 6,1.
The subjoined table gives the aggregate weekly
• average of the note circulation of the United King-
dom, as it stood for the four weeks ending the 24th
and 31st of May, and the 7th, and 14th, of June,
being the latest date to which the returns have been
collectively-completed for all the banks of issue; and
also the results as compared with the returns fur the
previous fear weeks ending the 17th of May :

Dank of Eas
Pri•ate
Joint .It.ck Wake

'lota' in England
Scotland
Ireland

United Kingdom.

May a, Juns 14, bete..
1331. 1331.
g g
19,3313,14 19,073,3:0.
3,693,3 3,31.1,760
2,951,1•,1 2,1403,1%4
16,1+6,131 21,347,344
3,254, 3,474, t 1219,711
4,3;111,973 4,264,910
33,969,900 33,14.1,f43

434,641
181,432
137,.77

1788,973:

230,055

629,317

Showing a decrease of ,788,9731. in the note circula-
tion of England and Wales, and a decrease of
829,317/. in the circulation of the United Kingdom,
when comp:wed with the returns for the previous four
weeks, ending the 17th of May.
As compared with the corresponding period of
1850, the returns under review show the following
differences in the circulation:

Jure IS, M'T 11, Iserease. Doman.
MO. 1921.
0 Z Z 0
Bank of England 19,220,919 19,278,110 142,119
Private banks
Jointastack banks
Tout in England 22,512,901 25,397,204 121,243
Scotland
Ireland 4,241,911 4,1.1,912 97,107
--
United Winadom 33,231.114 334140.6121 91,222
Showing a decrease of 121,3431. in the note circu-
lation ofngland and Wales, and a decrease of
__ _

lotion of England and Wales, and a of
91,583!. in the circulation of the United Kingdom,
as compared with the returns for tho correvond-
ing period of 1850.
fhe yearly comparison of tho stock of coin and
bullion held stands thus :
Bank of England,'
„,less £3,653,103
Irish banks, less
Scotch, banks, more £22,039

£3,168,749
, 22,839