The Express.
London, England, 1851-09-24 00:00:00

RAILWAYS.

THIS DAY.
Two o'CLocx.
The share market to-day exhibits a more buoyant
appearance than has been noticed for many weeks
past, and a general advance in prices has
taken place. A strong disposition to purchase has
been evinced, and it would appear that, besides con-
siderable speculative operations, the low prices have
drawn the public into the market. A reference to
to-day's prices will show a marked and general
improvement over those of yesterday.

MONEY MARKET.

THIS DAY.

Two o'Csocx.
There has been more business otkring in the
English stock market to-day, and on the whole the
itdvanced prices of yesterday have been well main-
tained, a further improvement being at ono
time established. Consuls opened at 116.;; to
fur money, and 96; buyers for account, and the usua
purchase of the government broker was soon rffecte
at 96k, the account price at the same time touching
a. With the intelligence of a less favourable state
of affairs on the Faris Bourse, prices subse-
quently became a shade less steady, but the
quotation at present ruling is equal to the
final rate of yesterday, being 96; to ;!, for
cash, and 06; to for the account of the
14th, of October. The continued large bullion
imports, the steady rise in the foreign ex-
changes, and the support afforted by the regular
operation of the government broker, must bo
regarded as the chief considerations of a
favourable character at present influencing the mar-
ket, whilst the principal source of anxiety is the
state of affairs on the Continent. The Paris Bourse
is now watched with much more attention. To-day's
official business list embraces Consols only, at
the following figures, viz.:—Tor money, 961,
; ditto for account,
Au important feature of business in the Stock Ex-
change to-day is the development of a marked and
highly favourable movement in railway shares.
In the unfunded securities than is not muck
doing, and the market presents nu feature. Exche-
quer Bills rule at yesterday's quotation of 435. to
465. prem.; and India Bonds are also nominally un-
aitered.

In the foreign stock market there is very little
movement, but prices arc steadily maintained. Thu
transactions of the morning arc of a trilling cha-
racter, and limited to the undermentioned descrip-
tions : Belgian Four-and-a-Half per Cents., 91;.
Danish Three per Cents., 1825, 781 ; ditto Five per
Cents., 101!, 1. Mexican Bonds, for account, 30th
Sept., 204. Russian Four-and-a-Half per Cents.,
MI. Spanish Passive Bonds, 51.
Further arrivals of specie at the outports are ad-
vised this morning to the extent of upwards of
4.50,000/., the Avon having brought in nearly
310,000!. from the West Indies, and the Atlantic
115,000/. front New York. The imports this week
will thus be very large, and must have a
sensible influence on the stock in the Bank vaults.
Of the receipts by the Avon 180,0004 is in silver,
and the addition of this large amount to that which
is already pressing ou the market cannot fail to in-
crease the downward tendency apparent in the price
of that article.

The remarks in the leading article of the Ex-
press of yesterday called attention prominently
to two remarkable features, the resemblance of
this Australian period to the Californian epoch,
and the completion of what may be called a
crisis in the Paris bullion operations. The large ac-
cumulation of gold bullion at Paris for the specula-
tive operation of buying silver, by which throughout
a profuse import of bullion the vaults of the Bank of
England have been kept with a low stock, is now
presented as ono of the most remarkable facts in a
financial epoch, fertile in events, and to the study of
which the minds of the most active and practical
men are at the present moment directed. The meet-
ing of the Australian merchants to devise expedients
for meeting the gold influx and the further rise in
the exchanges this afternoon, gave an influence and
confirmation to the new aspect of affairs, to which
the public were thus awakened, and an effect was
produced on the Consol market, as if the opening of a
new period of speculation had been declared. Atten-
tion is certainly being more diligently directed to
the Australian prospects, news through Panama
is daily expected, and merchants, shipowners,
and adventurers, are in busy preparation
for the field of enterprise to which they
expect to be called. It may, however, be questioned
whether, in the Consol market or the produce mar-
kets of the antipodes, all will go smoothly at first.
The public are not investing at present largely in
the funds, nor arc they likely to do so until after the
payment of the dividends. In Australia, whatever
may be the opening for shipments, it must be ob-
served that the markets of Australia are already
largely stocked, and that a steam communication
allows the goods now there to be concentrated on
Sydney, or on any given coast line. We know,
moreover, that the news of the Australian gold
findings was spread abroad before it reached here,
and that all the markets of the Indian Ocean and

South Pacific being overstocked, cargoes are already
in movement on Sydney. The great merchants who
have goods out iu distant markets are, therefore,
much more likely to gain than the weakerl adven-
turer who sends out direct. The fate of the latter
will be that of the shipper to California; ho will
arrive to find the wholesale market glutted, and his
goods will be sold to pay landing charges. To a
certain extent the mercantile interest will be bene-
fited, because the goods on those stations are held tier
English account, and before a ship can have got out
from England a fleet will have arrived from New
Zealand, Hong Kong, Shanghae, Singapore, Batavia,
Calcutta, Valparaiso, and Callao, all of which have
now commercial relations with Sydney.
The amount of bills drawn by the East India Com-
pany on their respective presidencies from the 7th to
the 23rd inst. is as follows :

Rate of Exchange.
Bengal £16,333 3 b 1 2s Old per Co.'s rupee.
99 Madras 16,1 13 11 '
Bombay

Total £67,12216 3

This makes the total amount drawn since the ith
January 1,074,9891. Is. id., the Company's require-
ments for the year 18,11-2 being stated at 3,000,000/.

LNULISII FUN DN.—Tens DAT.
' Lung Annultive.
bull% 2.;) 2
MU* llondsLOOOL, 47t 59g.pm
Ey:begun:

I 140 Ct. IcAlali„;t tait
1.1.13..Ce.0nj0. t
Coullo for
4, per Ct. Delrlia. 53 5 FOLEIO.
pci Ct. Brazilian, 83 :80
Do. New. 86, 8,
6 per 01. lifffmoe Asir% 43 5.1
6 per (44. 1•.;
3 per Ct. Mum &I 5
3 per Ct. Dam,h. 77 2
2f per Ct. Dutch, P., 9
4 per Ct. Duteb. 92 4
Equator. 3
1 per Ct. Ores.vl.s, 13 15
learOolien 5 per

r FUNDS.
3 per CR Harlem. !e f
3 per Ct. Peruvian,
Dltto Deferred. 406 13
6 par CR Fortuguea, 83 7
per CR Dooklen. 111 113
41 per Ct. Ru.seion. 10l I
6 pet Ct...+panleb, &nave. 2.33
3 per Ct. Sonia,. 361 7
DO. PiIVICO,
2i per CR Vattessele. 2+l 3/
Po. Deforre.l. 103 113
Cost.. 31 23 dla.

COMMERCIAL AND MARKETS.

MDICLNO LANE.-TIIIS DAY.

SI:GAIL—The market continues very dull ; there has not
been a public oak to-day. Refined is a shade lower; low
brown lumps cannot tiud buyers now at qlo. ; fair to fine
quoted 445. Gil. to 425.
CoevEz.—The public sales are going off heavily; the
quantity of Tellicherry offered is much larger than the
demand, and the importers are obliged to withdraw them
to prevent a decline.
TEA.—The demand has somewhat improvd today.
Rics.—The public sales went off well and the tone of tho
market is improved to-day. Arracan, an old importation,
sold 7s. to Bs. t• Madras, 7s. Od. to 81.
' l'Erraa.-2,50 bags Eastern offered and bought in 34d.
per lb.; white sold 61d. to 61d.
SPlCZAL—Nutmegs sold Is. 101. to 2s. &I. Blue, 2a. 11.
to 2s. 2d. Jamaica Ginger sold at 50s. to I4os.
In other articles no material alteration.

THE THIRD VOLUME of HOUSEHOLD
Week Jeureel. oloomad by CitaltJ.4 Doom,
111.1 be peidebeu to the rink hot, peke la. Ed. Oath. Velum
sad IL log be bed, Mae id sob, Is eletk. Also,
THE FIRST of Use IIUriLIIOLD iLLagain of
Clillat•T /NEM Pries bt, la dolts.
it le, Welleitto-Orot Meat 11.11‘