The Express.
London, England, 1853-01-14 00:00:00

MONEY MARKET.

THURSDAY EVIIIHNO.
The English stock market opened at a slight im-
provement this morning, consequent upon the iin-
premien in some quarters that no further advance
would be made in the rate of discount at the board
meeting of the Bank of England Directors to-day,
although it will depend upon circumstances as to
whether the measure will be adopted at a subsequent
steeling; the improvement referred to, however,
was but temporary. Quickly after it had become
'moue that the board had broken up, without the
announcement of any change, sellers of most
descriptions of securities came forward freely,
sod the consequence was a sharp decline in the
several departments of the home. One male of
nearly 50,0001. Three-aad-a-Quarter per Cent. stock,
attributed to a bank, waisted the fall ; and the dull-
ness of the market was further aggravated by the
renewed circulation of reports that French paper to
a considerable amount, as previously alluded to, had
been offered to the Bank, and refused. It is noticed
that the high rate of discount ruling in many con-
doned markets must necessarily have an effect
hum The news from the Paris Bourse is very
alpilleaat, mid mast infinenee prices hem.
Cessols, after improving to 100 to 4, fell, subse-
quent to the termination of the official hours,
to 99% to %, for money and the 18th. At
4 o'clock, however, the feeling was a shade
better again, with the quotation ruling. at 991 to
for this time, and more for delivery in February.
Business was more extended, but, as already inti-
mated, chiefly in the direction of sales. The
=feeling at the close of the markets was un-
ud rable.
The prices of business, as officially
stated, are as follows :—Three per Cent. Consols, for
money, 991, 100, 99%, 1001, 991, 100; ditto, for
account, 99/, #,1004, 991. Three per Cents. Re-
duced, 10044 Three-and-a-Quarter per Cents.,
1041, 4,1, 1, 104. India Stock, 273, 274. South Sea
Stock, 1101.
Exchequer Bills remain quoted 675. to 70s.
prem. India Bonds are drooping, being transacted
to-day at 77e. to 795. prem.
Foreign Stocks participated in the general heavi-
ness particularly Spanish, but there is little doing
in this market beyond the settlement of the account.
Granada Deferred Bonds receded to 12. Mexican
are well supported. The Certifs. issued by the
Spanish Committee have further improved to 5 per
cent. Sales are thus marked :—Brazilian Old Five
per Cent. Small Bonds, 103. Dutch Two-and-a-
Half per Cents., 661 • ditto Fourper Cent. Certifi-
cates, 984, 1, %. Granada Deferred, 124, 12. Mexi-
can Three per Cents., 23%, 1. Peruvian Six per
Cents., 1031 ; ditto Deferred Three per Cents., 641.
Portuguese Converted Four per Cents., 401,40,
40. Sardinian five per Cents., 95, 2.41, %. Spanish
Old Three per Cents., 481, ex div.; the Commit-
tee's Certifs., 41 5 per cent.
A half-yearly dividend at the rate of 7 per cent.
per annum is advertised as payable on the shares of
the Union Bank of London after the 19th inst. The
proprietors of the Commercial Bank of London are
also entitled to receive a half-yearly dividend at the
rate of 6 per cent. per annum after the 30th inst.
The directors of the London Joint Stock Bank
have issued a notice to depositors, stating that the
rate of interest allowed upon their balances will be
11 per cent., dating from the 15th inst. A similar
notice has been issued by the London and Westmin-
ster Bank, but in this instance the 11 per cent. will be
allowed from the Ist instant. The Union Bank of
London has issued no notice of any change, the rate
of interest allowed by this institution being usually
1 per cent. below the Bank of England rate of die-
eount. Discount ruled to-day in Lombard-street at
14 to 21 per cent.
A dinner was given to-day at the London Tavern
by Mr. John Molletf, to about 20 gentlemen repre-
senting eminent City firms, in celebration of the
50th anniversary of the establishment of the house of
Messrs. Stieglits and Co., of St. Petersburgh. This
distinguished firm was established on the let January
(old style), 1803.
There is no change of importance in the market for
American stocks this week. business being rather
less active. Present quotations are thus reported by
Messrs. D. Bell, Son, and Co. for transmission to
America :

ItsnlansaNs. Dividends. Priam
United States spr IX Ns. 11165 Jan..luid July 97 N
Ditto 6 yet Cent Mo 1169 Jan. and July 104 101
Do. 6 per Ct. do. ds Jen. sad July 110 11.
Do. 6 pie Ct. law. Jrs. Ind July 1034 1014
Do. ditto 1561 ha. mid July 161 104
Niv• Tark 688086 par Cis. 185161661 1:119419111, 97 93
1..11. 9=. Feb. and Ans. 53 114“ dv
Dni• par Nat
Cade 6 per 0N45 .
spteCt..-8451,
Sid Nods
Da 09115iNiar Eds 1673 May lad Nov. 974 954
Jon. adJay73 76
DEN Mena Jut. ani July 47 —I
Jan. dna July 96 100
=Spit 011. Ss 1057.1873 Jan. add July 95 91
11 yew Oat. Scab 1114 Jaa.ftel July 911 99
lissinsky 6 per Oat-- 1168 Jut. ad July 97 95
Tinissuo 6 per Orst. 1899 Us. odd July U 96
Qui 6 per Ct. tit Bonds 1874 IN. sad AN. 116 111
DUN ditto . 1176 Jon. adJuly 115 116
Bons Oty 44 pa 1:411;t:
StaNni BON&
Nestrad City 6we Ontts 1957-1865 I IN 17
= Oct.
Now York Citys yid Wit 1563-1670 96 97
Itsraylvanla
Rd. 6 psi Oats
Mrsad a Reading
ius Ct. Mort-
Windt ad Ida IdWni

UM Jam inCluly U 67

stiller re ire WWII* Kay sad Nov. 107 j UN
DIM
Semi pse ant, lag
marlsopprOmita, UM Mar. aad Sept. $ M
DCar
vardliki
Ohba pea
ria April aad Oct. 91 ti
Mkt ir
IravoCk Feb. and Log. U
Belatornincamaka - - • • -

—ps ce: ht Mr*age 1865 Feb. sad Aug. 82 dly
The quotations of stocks at Amsterdam on Wednes-
day are thus reported by Mr. Reuter'' telegraphic
express :—Dutch Four per Cents., oa • ditto, Two-
and-a-Half per Cents., 66; Spanish Deferred Three
per Cents., 23 13-18 ; Mexican New, 241; Portu-
guese New, 38t; Austrian Five per Cent. Metallic',
84j. At Vienna, on Tuesday, the Five per Cent.
Metallic. were quoted 96 1-18; and the Exchange
on London, 10.33.
The traffic returns for the last week on the under-
mentioned English lines of railway, as made up to
this day, are as follows :
1853. 1852. 1851.
Lorin sad NorthWesters £42,662 ..£38,389 ..£38,065
Leasseldr• sad Yorkshire 17,627 .. 15,604 .. 13,397
Londleaand South Western 9,501 .. 8,692 .. 8,226
Lose* and Brighton 8,791 .. 7,775 .. 7,682
Greed Western
i Miam
22,084 20,053 .. 19,740

SnO EtstAwn

Ireekiad North Midland 7,352 6,694 .. 6,001
Yak Newcastle, & Berwick 13,249 .. 12,937 .. 11,060
Shrewsbury and Chester 1,630 1,585 1,41&
Greet Northern 12,719 .. 9,403 .. 7,056
Classier and Holyhead
Shrephire Union 526 .. 480 .. 368
Faster and Crediton
&Wei and Exeter
Manchester & South Junction 655 .. 434 370
East Lancashire 6,159 .. 4,157 .. 3,673
Eastern Counties and Norfolk 14,849 .. 13,410 .. 12,371

But Anglian '7oB .. 638 .. '684
Leeds Northern 1,022 .. 886 .. 730
Manchester, Sheffield, and
Lincolnshire
.-_- .-.. - - -

North Staffordshire 6,346 .. 4,509 .. 4,407
Stockton and Hartlep00l
South Yorkshire
Bolton. Blackburn, and
Chthonic 787 .. 683 .. 638
Newcastle and Ca lle .... 2,108 .. 2,090 2,002
The aggregate results presented by these returns
(taking only the corresponding lines), are as follows :
Grou amount No. of Average receipt
received. miles open. per mile.
1863 £213,451 .... 4,670 .... £45 14 1
1852 198,030 4,473 i .... 44 6 4
1851 175,846 .... 4,450 k .... 39 10 3
Compared with the corresponding period of the
two preceding years, the traffic of the country
continues in a most satisfactory position.
The returns on Scotch lines are as under :
1853. 1862.
Glasgow and South Western £4,577 .... £8,436
•

Edinburgh and Glasgow
Scottish Central
Aberdeen
North British
Scottish Midland Junction 693 .... 639

Total
The Irish returns are:

Belfast and Ballymena
Cork and Bandon .
Belfast and County Down
Londonderry and Enniskillen
Ulster
Dundalk and Enniskillen
Cork, Blackrock, and Passage
Dublin and Drogheda
Dublin and Belfast Junction
Waterford and Limerick

1853.
.£589
192

165 ::::

355
916
168 .
152
936
7to

Total £4,614

E 3,800

DUBLIN, JAN. 12.—Three per Cent. Consols, 104.
1; ditto, for account, 9th Feb., 1001, 1. Three-and-
a-Quarter per Cent. Stock, 1034, ; ditto, for ac-
count. 9th Feb., 1031, 1. Bank Stock, 2231. Hiber-
nian Bank, 251. paid, 31. National Bank of Ireland,
221. 108. paid, 211 ex div. Royal Bank of Ireland,
101. paid, 161.

THIS DAY.—Two o'CLocx.
There has again been some flatness in the English
funds this morning, but a rally has since taken place,
and at the present hour the several departments of
the house are marked by a firmer feeling. Consols
have been sold at 99a for cash, then rallied to par,
and are now quoted 991 to for money and
Tuesday, and more for the February account.
The Three per Cents. Reduced mark 1001 to ; the
Three-and-a-Quarter per Cents., 1031, to 1041 ; Ex-
chequer Bills, 'Ns. to 665. prem.; India Bonds, 755.
prem.
Foreign stocks are flat, and, where sales have been
pressed, a reduction in price has in most cases been
established. Business is languid. Spanish Old
Threes mark 48i ex div.; the Committee's Certifi-
cates, 6 per cent.; Turkish Scrip, par to prem.;
Mexican, 231- to -1; Portuguese Fours, 391; Peru-
vian Deferred, 63 ; Grenada Deferred, 11 a to 121;
Brazilian Four-and-a-Half per Cents., 98 to 99.