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

our view of its intrinsic steadiness. The
public have apparently made up their minds
not to be frightened out of their stock; but,
on the contrary, appear to be only waiting for
lower prices, in order to renew their investments.
Under these circumstances, with a market bare of
stock, it is clear no material depression can be esta-
blished, although prices may suffer temporarily from
speculative sales.
Consols were first quoted 98 to -t ex div. for the
19th, and after receding 1 reached 98:. The
closing official quotation was 981 to ;
_but at four
o'clock a relapse to 981 to 1 had succeeded, and still
later in the afternoon the dealers made the price 98
to H only. The government broker did not make his
usual investment to-day, owing to this being the
first day of the new financial quarter. The
books of Console were to-day re-opened for special
transfer, and it is probable the execution of buying
orders, which for some days have been accumulating,
say have contributed to assist the morning's im-
=nt, whilst it certainly tended to render the
in our home government stocks more active
than of late. The official business report embraces:—
Three per Cent. Consols, for money, 98, 971,, 981,
, ex div. ; ditto for account, 081, 98, -1, Z, ex div.
Three) per Cent. Reduced, 981, I', 1, 99, 1. Three-
and-a-Quarter per Cents., 1011, 1,1. Bank Stock,
2201, 229. India Stock, 2571 ex div. South Sea
New Annuities, 991.
Exchequer Bills remain quoted Is. to ss. prem.
India Bonds were sold at 255. prem.
Foreign stocks were generally firm, with an in-
crease of business. Russian, Peruvian, Dutch, and
Sardinian were very well supported ; Spanish slightly
improved; and the Swedish Loan was invested in at
1 prem. Mexican was the exception, being a
shade flatter. At 4 o'clock Mexican Bonds were
quoted 261 to 271 ; Spanish Deferred Threes, 22: to
ex di r. ; the Certificates, 51 to 6,1 per cent. ' • Peruvian
Deferred, 58 to 60; ditto Four-and-a-Half per Cent.
Scrip, 3 to 1 die. ; Granada Active, 211 to 221;
ditto Deferred, 9to 3. Sales are thus marked
Brazilian Old Five per Cent. Bonds, 991 ; ditto,
Four-and-a-Half per Cents., 1852, 981 1; Cuba Six
per Cent. Bands, 102, 1. Dutch Two-and-a-Half per
Cents , 631, ex div. ; ditto Four per Cent. Certificates,
96, 951, 961. Greek Bonds (Red), 9, 91; ditto,
(Blue), 81, 8, 81. Mexican Three per Cents., 27,
261, 271. Portuguese Four per Cents., 40; ditto,
ex. all overdue coupons, 37. Russian Five per
Cents., 1171, 117, 1, 117 ; ditto, Four-and-a-Hall
Cents., 1001, 100 ex. div. Sardinian Five pee
Cents., 931. Spanish New Deferred Three yes
Cents., 221, 3,1, ex div. ; the Passive Bonds, 141
the ertificates, 61, 51 per cent. Swedish Loan,
1, 01 prem.
Money continues very abundant, and not so many
hills are offering for discount, a circumstance indica-
tive of a leas active state of trade at present, conse-
quent upon the political anxieties of the period.
Under these circumstances the rates show a down-
ward tendency.
No return of the progress of the voluntary conver-
sion was issued front the Bank to-day.
Vessels continue to come in from Australia, but it
is deserving of attention that the quantities of gold
brought in byeach of limit etc geneially much smaller
than we have been used to. Tke arrival is this after-
nean reported of the Templar, from Sydney, with
3,000 oueces, worth 12,0001. She sailed on the 9th
March.
Australian Agricultural shares were a shade
weaker to-day, and at 4 o'clock had receded to 70 to
72, Peel River at the same time declining to 2 to a
prem. Other land shares were steady. British
American iatal closed 69 to 71. Crystal Palace
shares maintain their price of 2l to 3 prem. Aus-
tralian Bank shares were steady, and Bank of
Australasia improved 1/. For a record of the
day's transactions in miscellaneous stocks re-
ference may be made to the official list in
another column. Shares of the Oriental Gas Com-
pany are quoted 1 dis. to ! prem. ; Melbourne and
Colonial House Investment,' par to 1 prem. •, Austra-
lian Building Company, par to 1 prem. ; Aberdeen
North American Land, ss. to 10s. per share.
The Board of Trade returns for the month and five
mouths ending the sth June were issued to-day, and
show remarkably favourable results, nearly every
portion of the tables exhibiting a continuance of the
commercial activity noticed for so long a period.
_ The trade in corn on the spot was to-day firm, but
quiet, at Monday's rates. Several cargoes just ar- '
rived are reported as sold. The French advises re-
- ceived to-day report that although most of those
markets had again advanced, there was less excite-
ment, the fine weather having a calming effect on
the grain market.
With reference to the general position of the corn
trade, we make the annexed extracts from the cir-
cular issued this evening by Mr. Glo. Dornbusch :
The Russo-Turkish question is entering into a new and
serious stage. The Czar's manifesto has appeared contem-
poraneously with his order to take possession of the
Danubian Principalities, and at this hour the Russians are,
probably at Jassy. Although no swim] war seems at pre-
, ent apprehended, still there is now no prospect of a speedy
settlement of this miserable affair; meantime the cemtner-
cial intercourse with the Black Sea and Danube remains
interrupted, to the great injury of those fertile c•Juntries
which of late years have so rapidly risen in wealth and
intelligence. The corn trade with those quarters may be
cousidired indefinitely and almost entittly stopped.
Freights continue high ; 4 per cent., it it said, has been
paid at Lloyd's for war risks. Since last Wednesday great
quantities of rain have fallen, accompanied with strong
south-west winds. The moisture was welcome to the spring
corn, but has not benetitted the hay harvest or the wheat