The Express.
London, England, 1853-06-07 00:00:00

MONEY MARKET.

MONDAY EVENINO.
This has been altogether a quieter day in the City,
owing to the absence of news of importance from the
Continent. The stock markets, however, have shown
an improving tendency, there being a strong feeling
that the four great powers —England. France,
Prussia, and Austria—acting together, will do their
best to settle the Turkish difficulty amicably. Even
supposing such an event as the advance of the Rus-
sians on the Danubian provinces, there is a disposi-
tion to think that serious hostilities would yet be
avoided, and that the actual invasion of Turkey Pro-
per would not take place. Both here and in Paris
public opinion appears to have been greatly tranquil.
lised during the last two days.
Console opened at yesterday's closing rate of 981
to 3 ex div. for the opening of the 19th July, but
soon advanced to 981 to 1 (equal to 1001 to - with
the dividend), and showed much firmness till a
quarter to 4 o'clock, when a reaction to 981 to / took
place. This market was good in character all day,
and strengthened by further bona fide buying. In
the Three-and-a-Quarter per Cent. stock, a rather
row indoor woo dor between 1011 and 1011. The
official report includes: Three per Cent. Consols, for
money (shut), 991, 1, with dividend; ditto for the
opening, 19th July, 981, 1, ex div. Three per Cent.
Red , 981, 99f. Threeand-a-Quarter per Cents.,
1011 4,3, 3, ',, „z. Annuities of 30 years, 1859,
5,1. oath Sea Old Annuities, 100.
rd
The were renewed purchases to-day of Exchequer
Bills, the price closed 3s. to Os. prem. There
appears to be an idea that the disbursement
towards the latter part of the week by government
of about three millions sterling (tor non-renewed
June bills) may lead to a better demand for this
description of security. India Bonds mark 255. to
29e. prem.
In the foreign stock market the chief feature was
a brisk demand for Mexican Bonds, leading to an
advance of fully 1 per cent. The official assurance
given by Santa Anna, that the bondholders shall
have their proportion of the customs revenue duly
secured to them, has created more confidence in this
stock. After reaching 28 to 1, the price closed 271
to 28. Spanish bonds were steadier this afternoon, and
Grenadian showed a tendency towards a rally. Other
stocks wore generally steady and firmer. At four
o'clock Spanish Deferred Threes were quoted 231 to
; the Certificates, 51 to 6 per cent. Granada Ac-
tive, 21 to 22 ; ditto Deferred, 91 to 10. Peruvian
Deferred, 60 to 62 ; ditto, Four-and-a-Half per Cent.
Scrip, 1 die. to 1 prem. Actual sale. are thus
marked :—Brazilian Old Five per Cents., 100; ditto
Four-and-a-Half per Cents., 1852, 981 ex div. ;
Dutch Twoand-a-Half per Cents., 6.53, 65; ditto,
Four per Cent. Certificates, 951, 961. Granada One-
and-a-Half per Cents., ex Dec., 1849, coupon, 221;
ditto Deferred, 10 1. Greek Bonds (Red), 91 ; ditto
(Blue), 81. Mexican Three per Cents., 271,1, 1, 28;
ditto for account, 15th June, 28, 1-. Portuguese Four
per Cents., 391,1. Russian Five per Cents , 1181;
ditto, Four-and-a-Half per Cents., 1031. Sardinian
Five per Cents., 941 ex div. Spanish Old Three
per Cents., 49; ditto New Deferred Three per
Cents., 231, 3, a, f. Venezuela Deferred, 16.
It is a somewhat significant fact there was not a
single application to-day at the Bank of England for
new stock by holders of Consols or Reduced Threes,
who have the option of converting voluntarily.
A telegraphic despatch received this afternoon
from Liverpool states that the Cambria has brought
over 1279,325 dollars (about 56,0000 in specie on
freight from New York. The rate of exchange was
firm, so that we are likely to have further remit-
tances.

The Talavera, which has just sailed from South-
ampton for Sydney, has taken out 80,0001. in coin,
of which 5,5001. is in silver and the rest in gold.
Notwithstanding this considerable shipment, there is
no reason to anticipate an active renewal of the ex-
ports of coin to those colonies, but occasional ship-
ments will probably continue to be made. The ship-
ments by the 1 alavera are understood to be mainly
on bankers' account. The Meridian has also sailed
with 3,0501. on freight for Sydney, of which 2,5001.
is in silver. The greatest difficulty is experienced in
collecting silver coin for remittance.
The supplies of home grown grain to the London
market continue small, but the foreign supplies are'
heavy. At to-day's market the short arrivals of
English wheat found ready buyers at an advance of
Is. to 2s. per quarter on the rates of last Monday.
A similar advance took place in the case of floating
cargoes of wheat from the south of Europe.
The Directors of the Cheltenham and Oxford
Union Railway Sompany have issued a notice to the
shareholders, expressing their regret at the adverse
decision of the Committee of the House of Commons
on the preamble of their bill, and stating that "Di-
rections have been given to the solicitors to procure
the re-payment of the deposit, with a view to the
return to the shareholders with as little delay as pos-
sible of the three-fourths of the amount deposited
by them (or 30e. a share) as guaranteed by the pro-
Mtus."
iscellaneous shares generally showed an im-
proving tendency. Australian Agricultural closed
well supported, at 66 to 67 ; South Australian Land
improved to 42 to 44, and North British Australasian
to ato prem.; British American Land were rather
weaker; Crystal Palace shares have rallied to 31 to
prem. The late reduction in the prices of Austra-
lian Bank shares has brought forward buyers, and
the market was better, especially for Union of Aus-
tralia. In other miscellaneous descriptions there
have been few dealings. Shares of the General
Steam Navigation Company have been done at 31
to # ; and Peninsular and Oriental Steam, at 74 ex
div. Shares of the Grand Central Railway of France
closed 1 to 11 prem. ; Grand Trunk of Canada, 1 to
Of dis. ; Melbourne and Colonial House Invest-
ment, kto prem.
The subjoined calculations show the rate per cent.
per annum yielded by our government stocks at
present prices. To render the results strictly accu-
rate, the proportion of interest which may have ac-
crued since last dividend period should in each case
be taken.into account

Int. per cent.
Price. per annum.
Three per Cent. Consols shut £0 0 0
Three per Cent. Reduced 99 3 0 7
Bank Stock (die. at the rate
of 71 per cent. per annum) 229 3 6 6
India Stock 260 4 0 91
Bzchequer Bills (interest
ld. per cent. per day) 6s. pm. 110 3
Annexed is a statement (extracted from the Liver-
pool Weekly Share List) showing the rates yielded
by ordinary railway stocks at present prices.