The Express.
London, England, 1853-08-12 00:00:00

MONEY MARKET.

Tee MOLT Brining*.
la the stock market to-day a more favourable in-
terpretation was put upon the continental political
accounts, and, a,sistrd by a general understanding
that no change would bo made by the Bank of Eng-
land directors at their weekly board meeting. to-day,
the funds were very tirm all day, finally closing at a
rise of 1- per cent. as compared with the last rates of
yesterday. It does not appear, however, that the
transactions were characterised by especial impor-
tance. _ _ _ . _ .

Consols opened OS to I for the Bth September,
and soon rose to 931 to Z. In the afternoon a re-
action of 4. succeeded, but at 4 o'clock the market was
maintained at the best point of the day, viz., 98; to 1
1 for money, and 981 to for the new account. 'lbis
was settling day, and the adjustment seems to have
been effected without the development of any re-
markable feature. The official business report in-
eludes :—Three per Cent. Consols, for money, 981, 98,
1, d ; ditto, for account, Bth September, 981 2, 1.
Three per Cent. Reduced, 98;1,1, 99, 984 ,
and-a-Quarter per Cents., 1011, 101, 1012. Long
Annuities, 1860, 6 ; ditto, 30 years, 1860, 5 11-16.
Bank Stock, 228;, 228.
Exchequer Bills were le. lower, at 31. die. to par.
India Bonds remain fiat, the quotation ruling at 18s.
to 225. prem., with little demand.
The dealings in the foreign stocks were extremely
restricted, and this market was devoid of feature.
Sardinian and Dutch were better, and generally
prices showed firmness. At 4 o'clock, Mexican
Bonds were quoted 26:,2 to I ; Peruvian Deferred, 57
to 59; Granada Active, 21 to 22; ditto, Deferred, 81
to 91; Spanish Deferred Threes, 231 to 1 ; the Cer-
tificates, 61 to 6; per cent. Sales are thus marked
Belgian Four-and-a-Half per Cent. Bonds, 99 (ex-
change, 25f.). Dutch Two-and-a-Half per Cents.,
65, 641 ; ditto, Four per Cent. Certificates, 98
Equador Bonds, 5. Granada Deferred, 9. Portu-
guese Four per Cents., 431, 4,1 ex div. Russian
Four-and-a-Half per Cents., 101, 1. Sardinian Five
per Cents., 96!, 97, 961. Spanish Old Three per
Cent., 474 ; ditto New Deferred Three per Cents.,
231 ; the Passive Bonds, 51 ; the Committee's
Certificates, 61 per cent.
In the money market this appears to have been a
' rather quiet day, there having been less demand for
accommodation. It does not appear, however, that
• there is any reduction from the enhanced rates lately
; established; as it is very difficult to effect the die-
, count of even first class paper under 3; per cent.
) The Great Northern Railway dividend was an-
- nounced this afternoon to be at the rate of 2; per
; cent. . _ _ _

The Sydney Griffiths has arrived from Launceston,
Van Diemates Land, whence she sailed in March ;
but it is not yet known if she brings any gold.
The marked rise iu Paris and Strasbourg shares to-
day was owing to a report transmitted from Paris
to the effect that the concession of the line to Mul-
house has been obtained by this company, which will
consequently make a fresh issue of shares. The
existing stock being at a premium of 90 per cent.
and upwards, a new issue would be almost in the
nature of a bonus.
The Peninsular and Oriental Company's steamer
Bengal is advertised to leave Southampton on the
25th instant for Ceylon, Madras, and Calcutta, ria,
but not calling at, the Cape.
It appears that of the total capital of the" General
Water Company of France," amounting to 4,000,0001.
sterling, 100,000 shares of 101. each are reserved for
allotment in London, and have already been fully
applied for. Several companies appear to be com-
peting for the privilege of supplying Paris with
water; bat we understand the company in question
have already secured this privilege in other cities of
France. As the prospectus of this undertaking is
only being privately distributed, the objects of the
promoters may be gathered from the annexed
extract:

------- -
Concessions based on this principle will shortly be ob-
tained; negotiations with the proper authorities arc so far
advanced that the directors are able to state that most ad-
vantageous terms will, in all probability, be forthwith
granted, by the cities of Paris, Lyons, Orleans, &c., to a
powerful company, so constituted as to inspire confidence,
and command sufficient capital. With this view, it has been
decided that out of the above capital of 4,000,0001., a first
issue of 200,000 shares 01 101. each shall be made, with a de-
posit of 5/. per share, in order to provide for the concessions
of Paris, Lyons, &c., and other towns with which the com-
pany
are in treaty. It appears probable, from applications
already received, that in addition to Paris, Lyons, and the
other principal cities with which negotiations are now pend-
ing, all the towns of France of any importance will request
the aid of the company, and it will come within the sphere
of its operations to supply water for the irrigation of
lands, and other agricultural purposes. The confidence of
the fondateun in their calculations is shown by the fact that
the whole of the shares reserved for France have been
already 'subscribed, by themselves and friends, including se-
veral of the leading capitalists in Paris.
Land shares were rather better to-day. South
Australian Land and Australian Agricultural rose
IL per share each, the former being last quoted 38
to 40. Peel River left off to 11 prem. Austra-
lian and Oriental Bank shares were also rather bet-
ter. Netherlands Land have rallied to par on the
favourable report.
At the half-yearly meeting of the London Mone-
tary Advance and Life Assurance Company, held on
Monday last, a dividend at the rate of 6 per cent.
was declared.
- - -

Business in the market for American stocks this
week hasbeen modemte,and prices present no essential
change. The current quotations of the market are
thus reported by :Messrs. D. Bell, Son, and Co. :
Redeemable. Dividends. Priors.
United States 6 per Ct. Eds. la.id Jan. and July 1101 1111
Do. 6 per Ct. luso. Stock-1867486r Jan. and July 110 111
rlvaniaa 5 per rids 1:;S2
Feb. and Aug. 861 87
ditto Bonds 1f,52 Jan. and July 91
___ .nettsspertt.SLer-
ting Bonds
Alawechwiets 5 per Cent
lkdads 1672 May and Nov. 97 91
Maryland 5 perCt.Fter.Bds — Jan. and July 964 974
Virginia per Cent. Bonds 1886 Jan. and July 95i 941
Kentucky 6 per Cent 11165 Jan. and July 98 99
Tennessee 6 per Cent 1892 Jan. and July 97 98
Canada 6 per Ct. St. Bonds 1574 Feb. and Aug. 115 116
Boston City 4t per Cent.
Sterling Bonds
Do. 5 per Ct ... . 1813 Jan. and July 95
New On a City 6 per
Cent. Bonds 1591 Jan. and July 90
Penneylvaaia Central Rail
ltd. G per Cents
Cincinnatti and St. Louis 7
per Ct.. lat Mortgage
Chicago and Mississippi 7
per Ct. let Mortgage
Belvidere Delaware 6 per
Cent. let Mort. Convert. 1877 Jun: and Dee. 921
Philadelphia and Reading
Rail. Rd. 6 per Ct. Mort-
g irre &aids lB6O Jan. and July 861 674
New York and Erie Seven
per Ct., Convertible
New York and Er.e Seven
per Cents., let mortgage 18b8-1869 May and Nov. 107 105
New York and Ere seven
per Cent. 2nd mortgage 1959 March &Sept. VS 101
Chicago and Aurora ?lc% en
per Cent., Ist mottgage Jan. and July 53 84
Great We tern of 11:intns
Ten per Cent. ditto ..,. 1665 April and Oct. 9S 89
Subjoined are the traffic returns of the various
English lines tlir the lust week, so far as they have
yet been pulitished :

Ap. and Oct. 108 109

93 94
89i 90a

Total

London and NorthWeatern A 60,833
Lancashire and Yorkshire 21,390
London and South Western 18,978
London and Brighton
Great Western "6,923
Midland
South Eastern
Shrewsnury and Chester 2,199
Great Northern 17,354
Chester and Holyhead
Shropshire Union 7OB
Bristol and Exeter
East Lancashire 5,904
Exeter and Crediton 137
Eastern Counties and Norfolk 19,010
East Anglian B6B
Kendal and Windermere
Manc..Sheffield & Lincolush 8,619
York, Newcastle, and Ber-
wick, York and North
Midland, and Leeds North-
ern ltsilways
South Yorkshire
Oxford, Worcester, and \Vol-
verhampton
Manchester & South Junction 751 .... 682
Newcastle and Carlisle 3,000 .... ' 2,581
London and Blackwell
Stockton and Hartlepool .... 2,15 d .... 2,116
The aggregate results presented by these returns
are as follows :

No. of Average receipt

Receipt!. miles oven. p..r mile.
18.53
18.5'
This comparison is peculiarly favourable to the
present season. The Great Western and London
and South Western Companies have continued to profit
by the attraction of the Chobham encampment; but
the increase is general.
The returns on Scotch lines are as under :
1853

Glasgow and South Western £5,373
Caledonian 10,707
Edinburgh and Glasgow
Scottish Central
Scottish Midland Junction ' 555
_ ___ ....

1852
£4,170
8,816
4,420
2,5?.8
662
2,1::0
4,456

Aberdeen
North British

2,3a3
4,911 ....

Total £31,519 £27,294
The decrease in the receipts of the Scottish Central
line is owing to last year's return having embraced
the Highland Agricultural Society's cattle show.
The Irish returns are:

Belfast and Ballymena
Belfast and County Down
Cork ana Bandon
Ulster

1853

191~ ....

302 ::::

Cork, Blackrock, and Passage....
Londonderry and Enniskillen
Londonderry and C .leraine
Great Southern and Western
Dublin and Belfast Junction

249 ....
1,272 ....
381

185`;.

1,281

51 ....

7.24 G ....
1,105 ....

6,291
1,020.

Total
Annexed are the latest reports from continental
bourses, as received by Mr. heater's express:—
Amsterdam, Wednesday, closing prices: Dutch Four
per Cents., 95 9-16 ; ditto Two-and-a-halt per Cents.,
631 ; Spanish Deferred Three per Cents.,
23 7-16 ; the Certifs., 6 9-16 ; the Old Three
per Cent. Foreign, 47 11-16 ; Austrian Five per Cent
Metallies, 821 ; Mexican New, 261 ; Equador, 4:; •
Greek (Blue), 71; Portuguese, new, 39:,. Paris
closing prices of this day :—Four-and-a-half per
Cent. Rentes, 104.30; ditto Three per Cents.,
80.10. Bank shares, 2,835.
THIS DAY.—Two o'CLoeB.
The English stock market to-day is a shade flat-
ter, owing to the quietude of business. Consols
opened 98 to 1 for money, and 981 to 1 for the Bth
September. After being for a moment 981 buyers,
the present quotation is 981 to ~ both for money and
time. In the other departments of the house similar
inactivity prevails. 'the Three per Cents. Reduced
mark 981 to 99; the Three-and-a-Quarter per Cents.,
1011 to 101 ; Bank Stock, 2281 ; Exchequer Bills,
3s. to Is. dis. ; India Bonds, 17s. and 18s. prem.
In the foreign stock market almost the only feature
is an advance in Mexican, which is quoted 261 to 271.
Russian and Spanish are well supported ; but the
bargains throughout this market have been very
few. Peruvian Four-and-Half per Cent. Bonds mark
831 ; Russian Fives, 1171; Spanish Old Threes, 471 ;
ditto Deferred, 231 ; Dutch Two-and-a-Half per
Cents., 64:i to ; ditto Four per Cents., 98 ; Buenos
Ayrean, 63 ; Brazilian Old Fives, 1014.

COMMERCIAL AND MARKETS.
MARK-LANE.—THIS DAY.
There was no new feature in our trade this morning. The
arrivals of foreign Wheat continue on a liberal scale:
buyers, in consequence, expected to operate on more ad-
vantageous terms; sellers, however, influenced by the bail
accoutits of the crop, held with firmness, and little actual
business was d3ae.
The quotations of Flour remain unchanged.
Barley, Beans, and Peas, met with little attention.
With large arrivals of foreign Oats the dealers exercised
increased caution, and Monday's prices could only be ob-
tained in retail for the finest qualities.
ARRIVALS LNTO LONDON MUM AUGUST 13th to AUGUST 12th,
Qrs. &mush. boouM. Mg. Vomit.
Wkrat 6160 23110
Daley 4230
Oats 2350 4246 I 41071,
Malt ..... 1420
Flour. —sacks and barrels.
MINCING-LANE.—THIS DAY.

Soo:Lan:1T; market has been steady during the week
with a fair amount of business done in plantation descrip-
tions, and at the close the full prices of last week wen
freely paid. A large business has been done in cargoes
afloat of Brazil and Havanna by private contract during
the week. The refined market a shade dearer for low qua-
lities; brown lumps, 465. ; grocery lumps, 465. 6d. to 48s. 6d.
COITEE.—The demand has been dull, but today there
appears to be more disposition to buy plantation Ceylon of
qualities suited for exportation. Last week's prices are
unaltered. Native Ceylon, 455. to 465.
TEA.—The market has bees quiet. The letters by the
China mail arc expected on Monday. The imperfect news
received by telegraph has not influenced the market. Com-
mon Congou, Ild. to dull of sale.
ItieE has declined 3d. during the week.
Sri( Ei.—There has not been much offered. Prices ari.
unaltered.
COTTON.—A limited business done at last week's cur-
rency.
Sriu:rs.—ltum and Brandy are very firm at prev:our.
rates.
CVII.ILAICTo.—The demand has been inactive ; prices ar,
steady. liaising in limited demand.
TALLOW MARKET.—THIS DAY.
The market is quiet to•dsy, at the following quotations.
via.: Town Tallow 50s. Gd. to Ms. nett cash; Peter,
burg Y. C. on the spot, 51s. ; Oct. to Dec., 51s.
SMITHFIELD MARKET.—THIS DAY.
The number of Beasts is by no means large, and a consi-
derable proportion of the supply consists of those left over
from Monday last, and inferior descriptions ; choice quali-
ties are consequently more in demand, and realise rather
advanced rates. A fair clearance of all kinds is effected.
We have very few good Sheep on offer ; the demand is
active at fully Monday's quotations. Trade is scarcely su
brisk for Lambs and Calves, but there is no alteration la
price. Foreign supply : 183 Beasts, 2,110 Sliccr,
Calves, and GO Pigs ; Milch Cows, 8.5.
Per ..toue of Slbo. s. d. 5. 4. 1 Per stone or Me. 5. 4...
Best Axes, Herefords 4 6 4 8 , fie. 4 Pat. rib
Best Bboet-borns
Second gusll Bans.. 28 3 6 Do. do. Sboro
Calrw ..... ..... 344 o; , Ewes as.lsocoodqualtly 310.1 4
Piss ........ ........ 3o 4 4 do. loofa .....
Bee: ions, x llolf-hre.b. 5 0 5 2 Lamb. ..........
14orwto A; market. 7:44; tite.l. ma Lambs. 11,120 ; Calves. tbYi :

----
HIDES: THIS DAY.
I..r.49EBirm.t..—The present prices are: 5811). to 641 b..
21d. to 3.1. ; tillb. to 721 h., 3d. to 3.1 d. ; 721 b. to 801 b., 3jd.
to 31d.: 801 b. to SSib., 31d. to Id.; 1381 b. to 961 b., 44. to
41d. lime Hides, 6s. 61. Calfskin,light, Is. to 3s.
full. 61.
BERMONDSEY.—Sheep skins, lambs, 2s. 61. to 3s. 10d..
shearlings, 2s. Id. to 3s. 2d.

BOROUGH HOP MARKET—THIS DAY.
?druirs. Pattendea and Smith report that the accounts
continue to come on the whole rather more favourable
Still many grounds ere full of vermin, and not likely to re-
cover; besides which, there is a great complaint of slink
bioe, and the backward state thereof. The market is in a
firm and healthy state, and the duty is estimated from
150,0001. to 153,0001.

COAL MARKEr. THIS DAY.
Holywen, 194. ; West Bartley, ISs. 61. ; Walls End
well, ISs. 61. ; Walls End Stewart's, 181.6 d. ; Walls End
18s. 6d.—Ships at market, 775.

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