The Express.
London, England, 1853-11-21 00:00:00

Sevean►r EVIKINO.
Business in the English stock market to-day was
very restricted, and the fluctuation was singularly
small, considering the critical position of foreign
politics. On the whole, in spite of the favourable
Bank return, the market has to-day been rather
weaker in character. Prices closed the same as yes-
terday, and the variation of the day was confined to
a temporary decline of 1 per cent. only. The mar-
ket was chiefly supported by continued purchases to
cover previous speculative sales; and, in the absence
of any fresh definite news from the seat of war,
operations for the fall seem to have been generally
suspended. The increased differential value of
money stock (as compared with the q*otation for
account), or " backwardation," appears to have
almost altogether passed off—a feature which is not
in favour of the market. Money in this department
is easy at about 2 per cent.
Consols opened 94 to 951, and were alternately
"blazers" and "sellers" at 95 all eay, finally closing
96 to a, both for money and the 6th Dec. The official
business report is u follows :—Three per Cent. Con-
sols, for money, 951, %IL 951, ; ditto, for ac-
count, Gth Dec., 95i, 95. Three per Cent. Re-
duced, 93i, t, 94. Three-and-a-Quarter per Cents.,
931, 96. Bank Stock, 217 i. South Sea Stock,

1121.
Exchequer Bills again improved Is. to-day,
closing 3e. to Be. prem. India Bonds were also bet-
ter at Is. to 4s. prem.
The foreign stock market was inactive, and pre-
sented no feature of the slightest importance, with
the exception of a further improvement in Buenos
Ayreau. Spanish was firm. At 3 o'clock Mexican
Bonds were quoted 24 to lex div. Spanish Deferred,
211 to 221 ; the Certifs., 51 to .3 per cent. Peruvian
Four-and-a-Half per Cents., 71 to 73.; ditto De-
ferred, 49 to 51. Granada Deferred, 7/ to 81;
ditto Active, 19 to 21. Sardinian' 91 to 93; Rus-
sian Five per Cents., 111 to 113; ditto, Four-and-
a Half per Cents., 96 to 98. The list of sales
includes :—Brazilian Old Five per Cent. Small Bonds,
974; ditto Four-and-a-Half per Cents., 1852, 96.
Buenos Ayres Six per Cents., 62. Dutch Two-and-
a-Half per Cents., 63i ; ditto, Four per Cent.
Certifs., 941. Mexican Three per Cents., 241, lex
div. Russian Four-and-a• Halt per Cents., 971,
1.
Sardinian Five per Cents., 92. Spanish Old Three
per Cents, 461 ; ditto New Deferred Three per Cents.,
221, 22.
Our report of the movement of the precious metals
this week includes some very large amounts. Although
there have been no receipts of Australian gold during
the week, the imports have yet been considerable.
Our list of arrivals includes the undermentioned sums,
viz. :-986,000 dole. by the Asia, from New York ;
430 ounces of gold by the Roderick Dhu, from Mel-
bourne ; about 6,0001. in gold, 1e,.• the Faith, from
Africa; a few hundred pounds in specie, by the
Severn, from the Brazils; 1,1801. in specie, by the
Iberia, from Portugal; and 1,049,882 dole. by the
Solent, from the West Indies and the Isthmus, of
which 199,528 dole. are described as " gold," 582,623
dole. "specie," and 267,731 dole. " silver." The total
value of these imports may be stated at 410,0001. to
420,0001. sterling. The Baron Osy has also brought
in 5 barrels of bullion, and the Raveusbourne
2 casks of bullion, both from Antwerp;
the Diana, 6 barrels of silver coin from
Amsterdam and the Batavier, 5 boxes of
specie from Rotterdam. As the Custom-house return
I fixes no value on these imports, which in all proba-
bility consisted chiefly of silver, it would be useless
for us to attempt to do so. The statement is chiefly
interesting as indicating a continuance of the ship-
ments of silver from various points of the Continent
to this aide. This silver is then despatched from
London to Asia, Hamburg, &c. ; and it is worthy of
remark that the shipments of gold from England to
the Continent are doubtless greatly assisted by this
movement of the less precious metal.
The shipments have been heavy. The Custom-
house account of the exports of the precious metals
direct from Loudon, during the week ending Thurs-1
day last, includes 23,788 ounces and 4,0001. in gold,
and 112,900 ounces of silver, representing an aggre-
gate value of about 125,000/. sterling, chiefly in gold.
The whole of these shipments were for the Continent,
nearly all the silver going to Hamburg, and the gold
to Hamburg and Belgium. The account in detail is
as follows : gold coin, to Belgium, 13,000 ounces ;
to Hamburg, 5,037 oz. and 4,0001. Gold bars: to
Hamburg, 5,635 oz.; to Boulogne, 116 oz. Silver
mein : to Hamburg, 112,000 oz.; to Boulogne, 400 oz.
Silver bare, to Boulogne, 540 oz.
The other shipments reported to us comprise
15,1101., by the Magdalena, for the West Indies (of
which 14,000!. was in English gold coin, and 1,0101.
in foreign ditto); 100!. in specie, on freight, by the
Nelson, for New Zealand; and 1,2001. by the Sultan,
for Lisbon. On board the Peninsular and Oriental
Company's steamer Euxine, which is fixed to leave
Southampton, for Alexandria, to-morrow, is shipped
the large sum of 481,9601., of which 39,3401. is in
gold, and 443,6201. in silver. The destination of
this large sum is as follows : for Malta, in
sovereigns, 2,5001.; for Alexandria, sovereigns,
13,000/.; for Bombay, silver, 127,3001.; for Cey-
lon, gold, 4,0001. ; for Madras, silver, 10,6 W.,
and gold, 1,7151.; for Calcutta, silver, 10,6311.;
for Penang, silver, 2,6681.; for Singapore, sil-
ver, 39,2771. ; for Hong• Kong, silver, 160,7801.,
atd gold, 15,1251.; for Canton, gold, 3,000/., and
silver, 86,707/.; and for Shanghai, silver, 2,6101.
The ascertained shipments from the kingdom for the
week are thus raised to about 623,0001. A large
amount of gold has also been withdrawn, it is un-
derstood, frum the Bank, and despatched to Odessa
and St. Peteraburgh. Allowance must also be made
fur the shipments of gold to France during the week,
which, however, have been restricted merely by. the
absence of any stock of bar gold in the market, irres-
pective
of that held by the Bank. On the whole, itis,
evident that the movement of gold has taken an un-
favourable turn.
The tea market became very active this afternoon,
and a large business was done, at prices a shade
higher. Common congou was most in demand, at
ls. 2d.
The subjoined is from the Committee of Spanish
American Bondholders :
Committee of Solon's. American Bondholder s
1, St. Swithin's-lane, Nov. 19, 1853.
nesticlan Deht.—Adviccs Irore been received by the
Commireo of Spanish American Bondholders from Mr.
Weiss, dated Cameo, October 21, up to which date he bad
a•t been able to make any progress in the object of his
mission.
Ecuador Dobt.—Advices have also been received from
Mr. Moccls, dated Quito, October 5, to which place he
bad removed from Guayaquil to attend the lotting of Con-
gres‘, for the purpose of bringiug to a conclusion the busi-
ness of his mission.
Much satisfaction was expressed in the City this
afternoon on the announcement ot the defeat of the
project for the Dorchester Extension of the London
and South Western Railway. Although the majority
against the project is, according
.to the published
statements, extremely trifling, it is considered that
the victory gained by the shareholders over the di-
rectors is pregnant with importance, not merely to
this company, but to the entire railway interest of
the kingdom. Were the spirited example of the
London and South Western dissentients to be fol-
lowed by the shareholders of some other companies,
much more confidence wou'd be felt in the future
of railway property. It is a significant fact, that as
soon as it became probable that the struggle would
terminate in favour of the shareholders, London and
South Western Stock began to rise. The price
closed this afternoon at a rule of tally 3/. per cent. in
three days.
The rise in B:lgian railways continues, and forms
one ot the most striking features of the railway
share market at the present moment. As an illus-
tration of the extraordinary activity that is at pre-
sent exhibited in pressing forward railway works in