The Express.
London, England, 1853-04-28 00:00:00

MONEY MARKET.

WIDSSIDLY ETZIRNO.
The market for the home funds again showed
great firmuess to-day. After being sold at 1001 for
money, Consols went buyers at 101 for time, and
finally closed 1001 to 101 for cash and the 12th
May, with a steady appearance. Business was mo-1
derately active, and every disposition is shown to
support the market, in anticipation of the govern-
ment carrying their financial measures through in
triumph. The government broker made an invest-
ment in Reduced Threes at 1001, and also in South
Sea New Annuities. The official business list in-
cludes : Three per Cent. Consols, for money, 1001,
101, 100/, i ; ditto, for account, 101, 1001 101,
1001. Three per Cent. Reduced, 1001, 100,11, 100.
Three-and-a-Quarterper Cents.,lo3l, 1,1,„ Long
Annuities, 1860, 5 16-16. Bank Stock, 2271, 226;;
ditto for account, 2271. India Stock, 262. South
Sea New Annaitier, 100, 1.
The Exchequer Bill market remains dull, with
limited transactions. The June bills mark 4s. to Bs.
premium, whilst the March issue was sold at 3s.
premium.
In the foreign stock market, the chief feature was
a further decline in Dutch stocks, following the Am-
sterdam bourse. The Four per Cents, have declined
to 94 to 95, and the Two-and-a-Half per Cents. to
64. The fall is presumed to be connected with the
religions agitation in Holland. Mexican Bonds
were rather firmer this afternoon, with the progress
of the settling. Spanish securities, on the other
hand, are flatter, including both the Deferred and
the Certificates. Greek Bonds fully maintain their
late rise. Ecuador are flatter. Other stocks pre. I
sent no feature, business being chiefly confined to
the settling. At 4 o'clock Mexican 'Bonds were
quoted 271 to 1; Peruvian Deferred, 68 to 69 ; do.
Scrip, 31 to 41 premium ; Spanish Deferred,
281 to ; the Certificates, 6I to T, per
cent. The list of actual sales includes :
Austrian Five per Cent. Bonds, 1832, 101. Belgian
Four-and-a-Half per Cents., 1001 (exchange, 25f.)
Brazilian Old Five per Cent. Small Bonds, 101;
ditto, Five per Cents. (Rothschild's), 1001; ditto,
Four-and-a-Half per Cents., 1852,1001. Dutch Two-
and-a-Half per Cents., 611, 6.51, 641 • ditto, Four
per Cent. Certifs., 95. Ecuador Bonds, 6,1, 51.
Granada One-and-a-Half per Cents., ex. Dec., 1849
coupon, 24. Greek Bonds (Red.), 111, 12. Mexican
Three per Cents., 27: ; ditto, for account, 17th May,
271. Peruvian Four-and-a-Half per Cent. Bonds,
881 ; ditto, Scrip, 4 prem. ; ditto, Deferred Three per
Cents., 681, I, 68. Portuguese Four per Cents., 40.
Russian Four-and-a-Half per Cents., 1041. Sardi-
nian Five per Cents., 98. Swedish Loan, 11, 11
die.

The money market is easy, but there is still a fair
demand for accommodation, and the leading Lom-
bard-street houses as yet do no business under 21
per cent., the current quotation for discount of first-
class bills being 21 to 21, or, with a wider margin, 21
to 3 per cent. In quarters, in which a more limited
business is usually done, a eduction from these rates
has been in some eases submitted to, but the quota-
tions above given appear to mark the present range
of the market for actual business.

A grave case of embarrassment, in connexion
with the iron trade, formed the subject of current
conversation to-day. The bills of a party who has
been speculating largely for the rise in iron were
to-day returned, and it is stated that there is no re-
source but a suspension of payment. The liabilities
involved are estimated at as high as half a million
sterling. The consequence is a fall of 3s. or 4s. in
the price of pig iron, which has receded to 50s.
This time twelve months ago the price ruled at 38s.
to 40e., and last autumn it rose as high as 78s. In
I view of the immense fluctuation exhibited in these
figures, and with the knowledge that it was in a
great measure prompted by extensive speculation,
little surprise can be felt at cases of embarrass-
ment.

Four arrivals from Australia were reported to day.
The particulars aro shown below. . .

Amount of

gold on board.
Where from. Data of sailing. Ounces.
Sir Robert Salo Geelong Dec. 25 .. 13,836
Clifton
Jno. Taylor Port Philip .. Dec. 28 11,847
Brilliant

Exclusive of such quantity of gold as may be
brought by the Brilliant, wo have here a total of
63,190 ounces, worth 212,8001. The passengers
have also, in all probability, further sums on hand.
The dates by the Brilliant are two days later than
those previously to hand.
Some interest was excited this afternoon by the
fact, as announced by electric telegraph, that the
Atlantic, which has arrived at Liverpool from New
York, brings over 264,000 dols. (about 32,800 L) As
indicating the long expected resumption of remit-
tances of the precious metals to this side, this arrival
is of importance.
In connexion with the discussions now pending on
the budget it may be mentioned that strong exertions
are being made in the City by parties who wish to
make the wholesale dealers in each of the various
trades take out licenses, upon a similar plan to that
proposed by the Chancellor of the Exchequer. It is
I urged that by including all wholesale houses as
licensed dealers a very considerable revenue would
be obtainable, whilst at the same time, owing to the
transactions f such firms being generally so exten-
sive, a moderate impost of the .nature referred to
would not be felt as a burden.

Notice has been issued to the shareholders of the
Isle of Wight Railway Company that they can re-
ceive back their deposits, minus 3e. 7d. per share,
being the amount of the expenses incurred, on pre-
sentation of their scrip, or bankers' receipts, on the
29th and 30th inst., and the 2nd and 3rd of May.
A special general meeting of the shareholders of
the London and South Western Railway Company
has been calved for the 19th May, " for the purpose
of taking into consideration the propriety of promot-
ing a continuation of this company's railway from '
Dorchester to Exeter; of considering generally the
company's interests in the west of England, as now
affected by the measures of other companies ; and of
authorising the necessary measures for carrying the
determination of the meeting into effect."
Oa the I 1 th May will be held a special general
meeting of the Victoria London Dock Company, for
the purpose of submitting to the approval of the
proprietors the bill now before parliament having for
its object the amending of the company's act and the
obtaining of authority for the construction of addi-
tional works.

Australian Agricultural shares were firmer to-day
at 83 to 85. British American, South Australian,
and Van Diemen's Land shares were all better now
that the pressure of the settling has been got through.
Australasia and Union Bank of Australia showed a
decided rally, and the other Australian bank
shares were firmer. Shares of the London
and Westminster Bank were done at 36 ;
Provincial Bank of Ireland, 49; Australian Royal
Mail Steam (61. paid), 4!; General Screw Steam
Shipping (121. paid), 10i ; Peninsular and Oriental
Steam, 83 ; ditto (251. paid), 46. Grand Trunk of
Canada Railway shares closed 1 to 11 prem. ; Grand
Central of France, 27, to 3 prem.; and Berlin
Waterworks, to prem. Holders of bankers' re-
ceipts in this last-named undertaking are called upon
to sign the deed of settlement by the 2nd May, after
which date shares unsigned for will be liable to for-
feiture.

Annexed are the latest reports from continental
bourses, as received by Mr. Reuter's telegraphic ex-
press : Amsterdam, Tuesday : Dutch Four per
Cents., 93;; ditto, Two-and -a-Half per Cents.,
63. Spanish Deferred Three per Cents., 24;
ditto, Three per Cents., foreign, 47 ; the Coupons,
7 per cent.; Mexican New, 26;; Portuguese New,
391; Austrian Five per Cent. Metallics, 60 15-16.
Vienna, Tuesday : Five per Cent. Metallics, 94; ;
Exchange on London, 10.-Is; Bank Shares, 1,500.
Hamburg, Monday Spanish Three per Cents., 407, ;
ditto Deferred, 221. Frankfurt, Monday: Austrian

Five per Cents. Metaßice, 831; Spanish Three per
Cents., 42; • ditto Deferred, 241. Berlin, Monday :
National Debt, 931; Russian Four-and-a-Half per
Cents., 104. Madrid, Saturday: Three per Cent.
Interior, 43;; ditto Deferred, 241; the Coupons, 4
money.

THIS DAY—Two o'CLooc.
Prices in the English stock market to-day role
scarcely so high as yesterday, but the market re-
mains good in character. Consols are quoted 100!
to 1 for money, and 1001 to 101 for the 12th May.
The Three per Cents. Reduced mark 100 to 1 ; the
Three-and-a-Quarter per Cents., 1031 to 1; Bank
Stock, 2271; Exchequer Bills, of both issues, 38. to
7s. prem.; India Bonds, 335. to 40s. prem. Business
in this department is very quiet.
In the foreign bond market the transactions have
likewise been very restricted. Dutch stocks have
rallied, but Mexican Bonds have given way, and
Spanish remain depressed. Mexican Bonds mark 27
to 1; Spanish Deferred, 234 to i ; the Certificates, 61
per cent.; Dutch Two-and-a-Half per Cents., 641 to
G3i; do. Four per Cent. Certificates, 93 to 1; Sar-
dinian, 971 to ; Russian Fives, 1191; Greek Bondi
(Reduced), 111.

LATEST FOREIGN EXCHANGES.

►or I
MOLC7.

tot

PARIS, Aran. 27. f
Opening Highest. Lowest. Closing,
,-- I
I—,—_--..
Bper Cents. i 88 49 ' 80 40 80 00 80 35 ' SO 40
41 per Cents., 1825_, .. ..
...
... ~.
18 per Cents.. 13:2 I 103. 6) 103. 40 103 50 103 40 I 103 SO
4 per Cents.
... I ..
1 per CentaNew Loan ... 1 ... ... •«Exchange on Lemke: at den, 23 5; 90 days, 24 87,1.
Solitiaa.tperCt.lB4o Money I Naples Rents — Nsitir,,
Do. 41
Do, 21
Piedmont 5 p.Ct. 9i 76 Treasury Bonds
Do. 5, 1853
rAins, APRIL 27.—St. Germain, 1,900 ; Vertailles (right
bank), • ditto (left bank), 370 ; Paris and Orleans, 1,0J3 73;
Paris and Roues, 1,15250; Rouen and Barre, 533 75; Marseilles
and Avian. n (Converted,, i Strasbourg and Bale, 373 7S;
Northern, 015 ; Paris and Strasbourg, MO; Paris and Lyons,.
911; Lyons and Mediterranean, 817 30 ; West, 792 50; Paris and
Cherbourg, 633 ; Non and Besancon, 592 50 ; Midi, 65150; Mon.
teresu and Troyes.Graisseasiic and Deziera, 528 75; Dieppe
and Yocemp, 38 75 ; Paris and Seems. 167 SO ; Blesme and M.
Disler to Orey, —; Bordeaux and Tate, 300 ; Central Suisse, —.