The Express.
London, England, 1853-09-05 00:00:00

MONEY MARKET.

SATURDAY EVENING.
The English stock market opened at the depressed
rates of yesterday ; but, as business progressed, a
rather better feeling became perceptible, which,
however, was scarcely maintained till the close of
the market. The slight tendency towards a rally
apparent in several departments of the house seems
to have been mainly attributable to purchases in
realisation of profits, as usual at the end of the week,
by late specula; ive sellers. Throughout the Exchange
business was dull.

Consols were first quoted 977, to for money and
the Bth of September ; but an advance to 97i to
I succeeded, and was maintained till the official close.
lAfter the regular hours, however, a relapse to the
opening range took place. The " contango" for
October may be called to 3-16. The official business
report includes :—Three per Cent. Consols, for
money 97k, 4 ; ditto for account, Bth Sept., 97!,
Three per "Cent. Reduced, 98, 1. Three-and-a-
Quarter per Cents., 100 z, Annuities of 30
years, 1860, 39-16.

_
Exchequer Bills remain quoted 2s. die. to le.
prem.

Business in the foreign house was so exceedingly',
dull that a detailed report is not requisite, prices
presenting no feature. Spanish I)eti•rred was a
shade firmer, but other descriptions showed no ten-
dency towards a rally. At three o'clock Mexican
lianas were quoted 261 to ; Peruvian Deferred,
58 to 60; Spanish Deferred, 23 to -1 ; the Com-
mittee's Certificates, 6 to 61 per cent.; Granada
Active, 23 to 24; ditto Deftrred, 91, to l. The list
of sales is annexed :—Equador Bonds, 51. Mexican
Three per Cents., 261. Peruvian Four-and-a-Half
per Cent. Bonds, 62 ex thy. Russian Four-and•a-
Half per Cents., 101;. Spanish New Deferred Three
per Cents., 234 ; the Committee's Certificates, 64,
61 per cent.

This being the 3rd of the month there was a very
active demand for money in commercial circles, and
the banks and discount houses generally were ex-
traordinarily busy. The heavy mass of bills falling
due has been met with most remarkable promptitude;
indeed, the most experienced men in monied circles
aver they scarcely ever at any previous period knew
so few instances of difficulty arise out of so heavy a
settling. The propriety of the step just taken by
the Bank of England is strongly shown in the fact
that, almost throughout the market, accommodation
has in very few instances been obtainable, even on
first class pap, r, below 4 per cent.
Under present circumstances, the greatest interest
attaches to the movement of the precious metals;
and all statistics bearing on this important subject
de,erve peculiar attention. It is greatly to be
regretted that official returns are not obtainable
from the vatious ports showing the course of the
trade in gold and silver. Our list of the known
imports of the week includes:-1,100,000 dollars,
nearly all in silver, by her Majesty's ship lltedalus,
from the Pacific; 1,351,8(10 dollars, chiefly in silver,
by the Magdalena, from the West Indies; and 400/.
in gold dust, from Singapore, by the Peninsular and
Oriental Company's steamer Ripon. The arrival is also
announced this afternoon of the Barrackpore, from
Melbourne,with 33,320 ounces of gold. We arrive here
at an ascertained total of about 685,0001. sterling, by
tar the larger proportion of which must be in silver.
It is also knowr, that large quantities of silver have
been imported during the week from the Continent,
to meet the E darn demand ; but of these arrivals
no
record is obtainable. Perhaps we should not be
far wrong in estimating these supplies of the less
valuable metal during the week at 150,000/. to
200,000/.

The Custom-house statement of the exports of the
precious metals direct from London, during the week
ending Thursday last, includes 45,830 ounces of gold,
and 730 ounces of silver, representing an aggregate
value of about 177,0001. The whole of this was de-
spatched to the Continent, Hamburg alone taking
36,730 ounces of the gold. The account in detail
is as follows :—Gold coin : To Hamburg, 24,670
ounces; to Elsinore, &c., 2,500 ounces ; to Belgium,
5,000 ounces. Gold bars: To Belgium, 1,500 ounces;
to Hamburg, 12,060 ounces; to Boulogne, 100
ounces. Silver coin : To Boulogne, 300 ounces.
Silver bars: To Boulogne, 430 ounces.

The steamer Indus, which is fixed to leave S.uth-
ampton to-morrow (Sunday) for Alexandria, will
take out the enormous sum of 460,500/. in specie, and
bullion, of which 85,8001. is is gold, and 364,700/. in
silver. The destination of tlis large sum is as fol-
lows: For Bombay, silver, 165.0001.; for
Madras, silver, 3,000!., and gold, 500/. ;
for Calcutta, silver, 000/. ; for Canton,
silver, 97,5001.: for Hong Kong, gold, 13,50 U/., and
silver, 53,0001. ; fo; Pen ,ng, silver, 2,3001. ; for
Singapore, silver, 28,0001. ; for Batavia, gold, 1,8001.,
and silver, 15,3001.; for Alexandria, sovereigns,
70,000/. We also hear of the shipment of 1,386, by
La Plata, for the West Indies (besides 6,1(104 in
jewellery); and of 4,2001. iu coin on freight by the
Curvatic for New Zealand. The total amount of
gold taken out by the Emperor steamer, which left
Hall yesterday for St. Petersburg, is not specified in
any return ; but she is known to have had as much
as 150,000/. on board. Summarising thes.• ascer-
tained shipments of the week, we find a total of about
783,0001., of which more than one-halt would appear
to be in 'gold. There then remains to he taken
into account the large shipments of gold to France
and Belgium which have been going on during
the week from the Kentish ports, and are shown
in no official return. We tiny further mention
that there is every probility of the drain to Russia
confirming, in payment for grain, &e. During the
present, and in the early part of the next month. it
is comput, d that w'me very heavy amounts of gold
will be despatched to that quarter, irresptetive of
the grain to other parts of the world. It will be
noticed that we have received no specie from the
United States this week.
Notice has been issued to shareholders of the
Grand Tennk Railway of Canada, that they arc at
liberty to pay' up in advance on the delmliturs.,
allotted to them. All such payments will bear in-
terest ut the rate of 6 per yin. from the date of pay-
ment, and the certificates will In exchanged for de-
bentures when the latter are received from Canada.

The numbers are published of eit46 Greek Boiids
drawn for redemption on the 23rd ult., and now re-
deemable by Messrs, Dc Rothschild, Brothers, of
Paris.

The Great Northern Railway Company are invit-
ing tenders for loans on mortguae, for periods of not
less than 3 years, at 3; per cent. per annum.
A tall of 2/. has been made on the shares of the
Irish Land Company, payable by the 24th inst.
Australian Agricultural shares were rather firmer
' to-day, at 34 to 3.5. Other land shares were dull.
North British Australasian ruled at „ die. to par. The
transactions in Bank shares were marked by much
acthity. Australusi and Union of Australia rose IL
per share; but the newlrestablished Australian
descriptions, and Bank of A•iu shares, were heavy.

THIS DAY.—Two O'CLOCK.
The English stock market to-day has maintained a
steady appearance, with limited operations. Consols
have stood without variation at 974 tog for money
sAd Thursday, and 97,1 to I for the 1311 October.
R
The Three per Cents. educed mark 98;1 to 1 ; the
Three-and-a-Quarter per Cents., 100.4 to 1; India
Stock, 236; South Sea Stock, 1131 ; Exchequer
Is. die. to Is. prem.; India Bonds, 13s. prem.
The foreign house is deserted, and the dealings
scarcely worthy of notice. Mexican is nowinslly
better, at 26 to The only sales recorded are:
Spanish Old Threes at 471; do. Deferred, 23k to 1;
Austrian Fives, 1852, 99 ; and Brazilian Four-and-
a-Half per Cents., 981 to 'J9I.