The Express.
London, England, 1851-09-27 00:00:00

Notwithstanding the intelligence of another decline
on the Paris Bourse yesterday, the absence of the
government broker front the market, and a very
restricted amount of business, the Consol
market has evinced a great deal of firm-
ness to-day, and 11 the rico has been steadily
maintained at an advance of 4 over the closing figure
of ;yesterday's market. The satisfactory features
presented by the Bank returns issued last night,
combined with the expectations of increased supplies
of the precious metals, which will of course have a
beneficial influence on the money market render the
dealers very firm. The near approach of the divi-
' dcnd period, when some millions will be released to
enter into the ordinary channels of trade and invest-
ment, is also a consideration which has much weight.
Consols are quoted 961 to 1 for cash, and 961,
for the 14th Oct. The prices of the day's business
arc subjoined, Consols being the only government
stock dealt in. For money, 96:, 4 ; for account,
964, 1.
Exchequer Bills rule very quiet at yesterday's
quotation of 435. to 465. prem., and in India Bonds
the business has been limited to a few sales of the
smaller amounts, at 47e. premium.
The business offering in the foreign stock market
to-day, beyond that connected with the settlement
44..the--aoesent, has been unimportant, and the
entire transactions of the day arc only of a moderate
character. Prices present little change, being gene-
rally fairly supported. Mexican Bonds are rather
steadier, as the settlement progresses, the price having
rallied to 261. Sardinian Scrip maintains the re-
cent improvement, and Spanish Bonds are firm.
To-day's business list is as follows : Danish Three
per Cents., 1825, 78. Dutch Four per
Cent. Certifiates, 921. Mexican Bonds, 264;
ditto for account, 26j. Portuguese Four per
Cents., 321. Sardinian Scrip, 21, 21 dot.
Spanish Active Five per Cents., 20;1, ; ditto Three
per Cents., 36.
The advance of last post was fully maintained in the
market for foreign exchanges yesterday, the same
cause, a scarcity of bills on London at the continental
bourses, still prevailing. This will only be counter-
acted by shipments of gold from the other side,
which may bo confidently looked for should the
rising tendency continue. Bills were plentifully
offered to-day, and buyers scarce, anticipating a
further rise, they are afraid of being caught, and
rather abstain from purchases. Paris was not higher
to-day, short being done at 25.20 to 25, and three
months, at 25.40 to 45. Amsterdam likewise main-
tained last post's rate of 1211. to 1; but a great im-
provement occured in bills on Hamburg, which, coming
1 higher from the other side, advanced here nearly
1 whining, leaving off 13.101 to 11. Frankfort was
higher—viz., 120 k to ; and St. Petersburg dull at
364 to 37. Drafts on Italy were a perfect drug, and
hardly saleable at considerably higher prices ; all
transactions that took place were materially in fa-
vour of buyers. The greatest improvement occurred
in bills on Sicily, which have become during the lost
fortnight fully 2 per cent. in favour of this country.
For paper on Spain and Portugal the inquiry did
not diminish, and negotiations were easily effected
at former rates. There was also money
freely offered for bills on Austria, although
at much higher prices, and Vienna was
done at 12.6 to 10, and Trieste at 12.10 to 14.
The telegraphic prices from the continent of the pre-
vious day, given daily by the Daily News and Times,
materially facilitate transactions on these places.
Numerous complaints are made about the irregular,
and, we may say, arbitrary charge of postage for fe-
reign letters. A letter from London to Vienna, or
vice rers,7, costs, if paid in Vienna, 29 kreutzers, or
rather less than a shilling; if paid in London, the
fee is Is. Sd. Can the Postmaster-General explain
the reason why the English post-office charges 66
per cent. more than the Austrian post-office for the
same service?
The cold and showery weather damped the spirits of
the merchants on 'Change yesterday, and the propo-
sition was earnestly canvassed to call a meeting for
the purpose of devising means to secure the health
and comfort of the frequenters of the Exchange
during the approaching winter, since the Gresham
committee have arbitrarily and discourteously de-
clined to provide the generally desired covcriug for
the open area of the Royal Exchange.
The rates negotiated are as follows:
Time. Prim orgoUstrd.
From To
Amsterdam pert Short 11ft. 19 at..... 115. 191stv.
Ditto

Rotterdam
tlarahlira and Altona „ „ 13Incs. 101ac01. 13mcs. 11 XL.
die-Malno n „ 12001 ... 12648.
„ „ 120. Ma. ... 124 10kr.
„ 0 120. 10kr. 1271. 1411.
„ 25fr. 42 25fr. 474 e.
Short 25fr. 20c. 25tr. 220.

%leans
Tried*
Letwerp
Paris

Ditto 7, 3 Itleathar,fr. 40c. ... 23fr. 40c.
Genoa
Leghorn
KINN per cleat „ 40i poem .., 40f pence
Palermo per MOM " 730 i pence ••• 1301 pens
Messina
Madrid per dollar „ 49,1 pence ... 20 pence
Cadiz „ „ 50 pence ... 501 pence
Malaga „ „ 49 pesos ... 40a pence
Lisbon per milrei „ 53 pence .. 53r pence
84. Petersburg per ruble ~ 36 sense ••• 37 pence
The following arc the rates at which the Bank of
Australasia, the Union Bank of Australia, the South
Australian Banking . Company, and other parties,
grant bills on places in the colonies:

Adelaide
Auckland lO2 /I
Bathurst
Geelong
Hobart Town lO2 r•
Launceston lO2 r.
Lyttelton lO2 o
Maitland
.....

Melbourne
I,
Portland
Sydney lO2 103
Wellington lO2 o
Exchange is reported higher at Paris for paper on
London at short, but the prices of bullion are un-
altered. Stocks were good, with Borne speculation
going on, but little demand for railway securities.
A further decline of Ad. was .yesterday established
in the price of bar silver, which is now quoted ss. 01d.
per oz., and even at this reduction the quotation is
merely nominal, as no business has been done, and
the supplies by the West India steamer Avon are
still pressing on the market.
The price of gold, on Thursday, at Paris, was 2 per
mile discount (new tariff rate), which, at the Eng-
lish mint price of 3/. 17s. 101 d. per ounce for stan-
dard gold, gives an exchange of 25.12, and the ex-
change at I'aris on London at short being 25.221, it
follows that gold is about 0.417 per cent. dearer in
London than in Paris.
By yesterday's advises the price of gold at Hamburg
is 4281 per mare, which, at the English Mint price
of 31. 17s. 101 d. per ounce for standard gold, gives
an exchange of 13.61; and the exchange at Ham-
burg on London at short being 13.71, it follows that
gold is 0.348 per cent. dearer in London than in
Hamburg.
By last accounts, the course of exchange at New
York on London, for bills at 60 days sight, is 1101
per cent.; and the par of exchange between Englan
and America being 109 23-40 per cent., it follows
that the exchange is nominally 0.67 per cent. in'
favour of England. Upon taking into consideration
the difference of interest and charges of transport,
we find that the present rate leaves a small profit on
the importation of gold from the United States.
The latest quotations of exchange at foreign places
on London are as follows :
Previous Latest
Quotations. Quotations.
Antwerp, short
Amsterdam
Brussels 2sf. 25 25f. 26
Berlin 6.22 6.221
Frankfort ll9l 1191
Genoa, 3 months 251. 03 251. 02
°slats
Havana lO7l
Hamburg, short
Ditto, 3 months