The Express.
London, England, 1854-01-05 00:00:00

IXITHFIELD HAY MARKET.-THIS DAY.

Mr. B. J. Davie roped, Ihe 11■11111filarooll Imam
Ilk;.
E Mew pima :—Peise Ilearleve Me. le ;
er, SOL es 00s. ; isms. Ik. Se ; Clew. Ob. es
10e.; mood sat, Na 0,110 a.; Straw, 40a. to 00e.

GLASGOW AND SODTH-WENTIULN RAlLWATe—
kaiegar the week maim Dee. 31. 1553, 4,876 L 17a 3d.
le. sd.w 103
eek, 1, 4.7544. Os. 104. Iseeeeee is

MONEY Mdlil►ET:

WZDNZIDAT EVENING.

Owing to the detention of many of the provincial
and other foreign mails through the severe weather,
beldam in the Stock Exchange was almost suspended
to-day, and much inconvenience was caused through.
out business circles. In the absence of any fresh
bad news, the funds opened firmly, and were main-
tained at the official closing hour at an advance of
per cent. on the closing rates of yesterday. Towards
4 o'clock, however, a considerable amount of stock
was offered, and the market fell suddenly I per cent.,
finally closing I per cent. lower thin the 4 o'clock range
of yesterday. A rumour was at tho same time cir-
culated in the house that intelligence had been received
of the actual entry of the allied fleets into the Black
Sea, but there was no confirmation of this, and it was
generally regarded as a mere Stock Exchange report.
The closing prices of today's Paris Bourse came
reported by telegraph nearly the same as those of
yesterday, this Bourse showing no rally from the
late severe fall. Money in the Stock Exchange
to-day was easier. Loans on government stock up
to the February aeon* wan oiriesiod as low as 3 per
emit:

Consols were first quoted 934 to 1, advanced to 931
to 1, relapsed to 934 to 1, and were quoted at 3 o'clock
931 to lex div. for the 18th January. A 4 o'clock
the price had declined to 921 to 93. The official
business report is as follows:—Three per Cent.
Consols, for the opening, 18th January, 931, 1,
ex div. Three per Cent. Reduced, 931, 1. Three-
and-a-Quarter per Cents, 944, 4,4, 1, 4. Long
Annuities, 1860, 51. Bank Stock, 2164, 215, 217.
This last-named stock shows weakness.
Exchequer Bills were quieter to-day, but maintain
their advanced quotation of 71. to 10s. prem. As
these securities bear 3 per cent. per annum interest,
they are likely to attract unemployed capital, ;whilst
politics remain so unsettled.
In the foreign bond market the transactions were
on the most limited scale, and prices exhibit no
change worth quoting. Granada Deferred Bonds
remain fiat. At 4 o'clock Mexican Bonds were
quoted 231 to 24. Peruvian Four-and-a-Ralf per
Cents., 67 to 69. Sardinian, 89 to 91. Spanish
Deferred, 21 to ex di.. The Committee's Certifs.,
44 to 5 per cent. ; Russian Five per Cents., 111 tol
113 ; ditto Four-and-a-Ralf per Cents., 94 to 96 ex
div. Granada Active, 20 to 21 ; ditto Deferred, 7
to 73. The list of sales comprises only the fol-
lowing, viz.:—Brazilian Four-and-a-Half per Cent.
Bonds, 1852, 93. Danish Five per Cents., 102. Dutch
Four per Cent. Certificates, 961: Portuguese Four
per Ceuta., 41, ex div. Sardinian Five per Cents.,
di v.
901. Spanish Old Three per Cents., 441, 1,1, ex

The mass of commercial bills falling due today,
the 4th of the month, seems to have been lees heavy
than that of last mouth. In the morning some little
difficulty was observed in some cases, owing to the
detention of letters through the severity of the wea-
ther, but on the whole bills have been uncommonly
well met. There seems to have been no great pres-
sure for money, and we bear of discount of first class
short dated paper being effected as low as 41 to 5
per cent. It would appear that the check which has
lately been given to many branches of trade causes
some diminution in the pressure for commercial

The amount of specie and bullion shipped on board
the Peninsular and Oriental Company's steamer
Ripon, which wee to leave Southampton this day
(Wednesday) for Alexandria, is 235,9901., of which
28,4201. is in gold and 207,5101. in silver. The par-
ticulars of this shipment are annexed, viz.: For
Alexandria, gold, 7,0001.; for Ceylon, gold, 5,2001;
for Bombay, silver, 93,4201.; for Madras, gold,
2401.; for Penang, silver, 3501; for Batavia, silver,
42,0001., and gold, 3,8801; for Hong Kong, silver,
15,0001., and gold, 12,1001. ; for Canton, silver,
58,4001.; for Shanghai, silver, 4001.
The amount of specie brought in by the Niagara,
from New York, is stated at 440,000 dole., or about
88,0001., but of this a considerable portion is under-
stood to be destined for the continent.
_ _

Notice has been issued, that Messrs. Baring, Bro-
thers, and Co.. and Messrs. Glyn Mills, and the
agents of the government of Canada, have received
authority to redeem at once, at par, the Canada Five
per Cent. Debentures falling due in London on the
Ist of April next.
Notice has been issued by the Belgian Minister of
Finance of the purchase and burning of bonds and
inscriptions to the amount of 698,666 francs (about
27,9461.) of the Belgian Tines per Cents. of 1838.
In Mincing-lane, to-day, the males of sugar went
off briskly. Peoang sugar realised an advance of
6d. to Is. per cwt., and Madras of hilly 6d. per owt.
Of coffee, the sales went off steadily.
In the corn market to-day the attendance of buyers
was very small, but a fair amount of business was
done, and a fresh advance was realised of 2s. per
quarter for wheat off the stands, and Is. per quarter
for floating cargoes. Several floating cargoes are
reported as sold since Monday. Yesterday the
pews of wheat advanced at Liverpool 9d. to le. per
701 b., and flour 2s. 6d. per barrel. At Newcastle the
rise in wheat was 2s. per qr., and at Ipswich, 3s. to
4s. The majority. of the ron& markets report a
decline. The Paris corn market was quiet.
The subjoined has been forwarded to us by the
Committee of Mexican Bondholders. The Mexican
government, it will be men, continues to give cause
of complaint to its creditors.

The committee of Mexican bondholders have, by way of
the United States, received a copy of Mr. Falconnet's lea
ter, dated Mexioo. Dee. 1, 1863, which he bad sent by the
direct iteket, which is still due. Mr. Palconnet had been
obliged to defer his departure for another month, and at
the data of his letter Intended to loam Vera Cruz, by the
stammer, for New Orleans, on the 22nd December, so as to
be here in about three weeks. The last report of the com-
mittee (24th January, 1863, pages 10 end 11) mentioned
that the per tentage maimed to Me foreign debt of tha
poet duty on specie had, by the Mexican authorities, been
calculated on the 31 cent. charged previous to Oct 1,
1851, and not on the increased rate of 6 par cent. then lo-
omed, and that for want of amounts this had only just then
been discovered, though the difference may have amounted
to 60,000 dollars annually, to the prejudice of the hand-
-1 holders. The government has now ordered that in future
' the per centers in favour of the foreign debt shall be cal-
culated on the fall duty of 6 per cent. levied on the export
of dollars. Oa the other hand, the government continued
to appropriate the revenues assigned to the bondholders in
Guaymas, Matamoros, and the ports of Yucatan, although
Mr. Faleonnet bad remonstrated to the Minister of !inane*
an the subject.

The foreign and colonial wool trade continues in a
very healthy state, and prices are very firm. The
year opens with every prospect of a good demand,
and present prices will probably be fully main-1
tained. When the news of the Australian gold dis-
coveries first arrived, many persons predicted a
great falling off in the supplies of wool from those
colonies] the result, however, has proved other-
wise. The importations from Australia into Lon-
don in 1852 were 183,888 bales ; and in 1853,
175,734 bales; showing an increase during the put
year of 11,848 bales from our Australian colonies.
From the Beat Indies and China there were im-
portedir. 1862, 22,168 bales; and in 1863, 38,139
Wes. From sundry other places there were im-
tlreas
in 1862, 58,813 bales • and in 1853, 82,212
.4 Notwithstanding this great increase, the
stock on hand is not more than we generally have
at this season of the year. In German wools during
the past few days several sees have been made, but
the stock was never so low in this market as at
present. Spanish wools are all taken out of im-
porters' hands. On the 12th and 13th inst. there
will be several public miss of But India, China,
and other low wools. The colonial wool males are
expected to commence on the second Thursday in
February.
The second instalment of 10s. falls payable on the
new shares°, the North. British Australaman Company
on the 23rd inst.
_ .

wi'be iiiiii;ta. annual general court of proprietors

of the Australian Agricultural Company is called for
the 27th inst.

A half-yearly general meeting of the City of Lon-
don Gaslight Company is called for the 18th hut. to
declare a dividend.

Land shares to-day were dull. In Bank shares the
transactions were also very scanty, and the only fea-
ture was a farther fall of 11. in the shares of the
Oriental Bank. Crystal Palace shares were steady,
closing at 11 to 11 prem. In other shares of a mis-
cellaneous character there was no feature.

Annexed are the latest reports from continental
bourses,as received by Mr. Reuter's telegraphic express:
Amsterdam, Tuesday,closing prices :—Dutch Four per
Cents., 931; dittoTwo-and-a-Hall per Cents., 62 7-16.
Spanish Deferred Three per Cents., 21 3-16 ; the
Coupons, 4 15-16 per cent. ; the Old Three per Cent.
Foreign, 451. Austrian Five per Cent. Metallics,
75.1. Portuguese New, 37. Mexican New, 23i.
Peruvian New, 631. Granada Deferred, 71. These
prices show a general decline. The Exchange on
London comes reported 21c. higher at 11.671 short.
At Paris to-day (Wednesday) the Three per Cent.
Rents closed for money at 72.20, and the Four-and.
a-Half per Cents. at 100. The Four-and-a-Half per
Cents. are 10e. better than they closed yesterday,
but there is no real recovery in this market.
Vienna--Closing prices (Tuesday) : Austrian Five
Rzehange on Lobo,
fra3C.sitartiab:l469,4l:372. This bourse shows
flatness.

Hamburg—Tuesday : Spanish Three per Cents.,
372; ditto. Deferred, 191. Exchinge on London,
13 b.m. Spanish atooks have fallen.
Frankfort—Tuesday : Austrian Five per Cent.
Metalline, 781. Spanish Three per Cents., 40); ditto,
Deferred, 21). These prices also exhibit a fall.
Berlin—Tuesday : Russian Fonvand-a-Half per
Cents., 941. Exchange on London, 6.161.
At Dantzic on Tuesday (yesterday) the telegraph
reports no demand for wheat, but steady prices at
Breslau and Stettin; on the same day there was no
movement in the metal markets.

With reference to the course of the silk trade
during the past year, the circular of Mesas. Durant
and Co. observes as follows :
The retrospect of the year just concluded forms a pleasin
contrast to that of its predecessors—twice we have reported
unsatisfactory, if not unprofitable bashes; for although in
the latter half of 1862 our Throwsters had emerged from a
long period of severe depression, and were doing well, our
manufacturers were working to little profit, and apparently
with less progress, suffering from the great difficulty of a
comparatively limited sale for their goods, and a supply of
the raw material scarcely adequate to feed the actual re-
quirements of their producing power. how all this is
changed—all have done well—new vent has been found for
our manufactures, with a reasonable prospect of con-
tinuance, and even increase, and we have had a largely
increased supply of raw material—the only aurora ex-
hibiting a deficiency being Turkey and Bengal, the one
for several years of not much importanoe—the other,
it is hoped, only to progress more surely in
future years—and an unusually large quantity is
afloat, so that the deficiency may yet prove to
be only the result of accidental circumstances; prices too
were generally without material change; in Jun* and July
there were pushed up 10 t, 15 per cent. by speculative
movements, founded upon anticipated difficulty in supply
from Chins, and the enormous deliveries in that particular
clam, no less than 2,800 bales per month regularly and un-
interruptedly ; bat consumers did not purchase much at
those enhanced rates, and in October and November prices
again resumed their former range. Our total deliveries
show an inerease of 1,000,000 lbs., about 17 per cent. we
believe, without any materially increased total export—the
export of thrown silk has inn eased, manifesting a growing
appreciation of Asiatic silk on the part of foreign manufac-
turers, without their having at present the means of throw-
ing these classes—this may be changed in the progress of
the meson, as the Continental mills become short of supply
of European silk. The chief features of the year were the
full and uninterrupted profitable employment of the =Oa—
ths enormous increased import and delivery of China silk—
the improved position in the stale of prices of the best and
finest Bengal silk—sad the great scarcity of coarse silk of
all classes, especially the lower priced.