The Express.
London, England, 1852-02-24 00:00:00

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THIS GREAT RAILWAY BRIDGE AT CIIIIPBTOW.
The first suspension tube for the railway bridge over the
river Wye, at Chepstow, has been fully tested by the im-
mense weight of eleven hundred tons being attached to it,
and its capability for bearing the heavy weights which will
pus over it has been oomplete'y demonstrated. The works
are new so far advanced that there is every hope that by the
first week in April one of the lines of rail will be opened for
the purpose of traffic. The bridge combines the Britannia
tubular and the Menai suspension principles, and this com-
bination will render it doubly secure. Mr. Stephenson, the
eminent engineer, has inspected the bridge and concurred
in the plan adopted by Mr. Brunel. Preparations are now
being made for the purpose of raising the first lobe ; all the
difficulties which so long obstructed the progress of the
bridge have now been overcome, and a firm foundation for
the supporting u ylinden completely secured.

[THREEPENCE.

MONEY MARKET.
THIS DAY.

Twe o'CLon.

The money market is quiet. Liberal principles
have been so played with by the family clique lately
in office, that the capitalists are scarcely awakened
to the startling facts now looming before them, that
a destructive policy in financial, foreign, and colo-
nial affairs has been proclaimed and is imminent
of execution. As on many other occasions the
feeling of exultation has overcome all warnings and
forebodings of prospective evil. Lord John has gone,
Sir Charles Wood has gone, and Earl Grey has gone.
It is thought the great interests of the empire may
breathe awhile, now that such dead weight has been
removed. The strange nomications which have so
generally been made public are received with incre-
dulity and ridicule, but so little accustomed are sober
men of business to contemplate a protectionist cabi-
net as a reality that they are still scarcely persuaded
the one now announced will have more than en
ephemeral existence.
Commonly on these occasions great anxiety is ex-
pressed to know in whose hands will be reposed the
charge of throe departments which are closely con-
nected with our commercial interests, but people
scarcely yet believe that Mr. Disraeli is the Chan-
cellor of the Exchequer, and do not feel culled upon
to challenge his deficiencies. As the list published
/. the protectionist organs becomes more complete,
number of incongruous and incompetent mem-
bers of the administration is enlarged. Mr. Themes
Baring has refused charge of the Exehequer, bet
Mr. Henley is President of the Bawd of
Trade, Sir John Pakington, Mr. George Fredrick
Young, the Earl of Malmesbury, and Lord John
Manners, are all in office. Such a burlesque upon
political arrangements, has not for some time been
suggested, but the public confidence is as yet no-
toadied, and the public securities unaltered. What
has produced more effect than anything in calming
the public mind to-day, has been Lord John Her
sell's declaration yesterday evening. The mere
sight of the opposition benches seems already to
have done him some good, and •it is felt
that liberal principles have a better pros-
pect of defence, than when the formal re-
sponsibility rested in his hands. His em-
phatic assertion that he would maintain free trade,
and contend against protection, has given great sa-
tisfaction. Camels opened at 97 to 971 for money
and account, were dealt in at 971, and have since re-
turned to the first price. The market is tolerably
steady, but business is moderate. The following are
the transactions officially reported :—Three per Cent.
971,97 • --

Consols Annuities, 97, 911, ; ditto for account, 97/,
1,1; New Thive.and-a-Quarter per Cent. Annui-
ties, 991, 9J, 991. Long Annuities, 7 1-16, 4.
Exchequer Bills are lower to-day, but it is not
on account of any ministerial arrangement. They
have been dealt in this morning at Is. reduction.
The fol!owing are the transactions reported :—Ex-
chequer Bills of the several description., 60.. to 63..
prem; India Bonds, I,OOW. and under, 71s. to 73e.
prem.
Foreign stocks are steady. Peruvian have again
been dealt in at par. To-morrow is continuation day.
The following are the transactions officially recorded:
Dutch Bonds, Two-and-a-Ralf per Cents., 591.
Equador Bonds, 41, 1. Grenada Bonds, One-and-a-
Ralf per Cent., 21; ditto, Deferred 81. Mexican
Bonds, 321; ditto, for account, 321. Portuguese
Bonds, Four per Cent., 33. Russian, Four-and.s.-
Half per Cents., 1021 102. Sardinian Bonds, Five
per Cents., for account, 881. Spanish Committees
Certificate, 11 per cent. Venezuelan Deferred
Bonds, 15.
The subjoined calculations show the rate per cent.
per annum yielded by the various securities cited at
the average of the prices now ruling. Where the
asterisk (*) is prefixed, it is to be understood that
the share rate of interest is lees the income tax. It
will be seen that in every case we take the rate of
interest lost declared as the basis of our calculation.
To render the calculation strictly accurate, the pro-
portion of interest which may have accrued since
last dividend period should, in each case, be taken
into account:

Nine pee Ont. 00thals ...pries 97 ythid per tent. S 3
flues_per Ont. kelheed
NereUessemhenthethler pie Pals— 99 II 2
Sok Meth (N% at the rata of 74 Ter
ask per enaset)
Ms Ss test 104 per cent per as ) 238 n
art lades shares, IN. paid (guaran-
teed dlr. 6 persist per memo) 2l n
area theaters. £loosh. (thy. at the
nth of Spec cent per annum) 63 ,
Larnithe and Yorkshire 4105
thedetithe. at the rate of 3 pee oust.
per rms.) 64
Luke red Wrath Wasters 810 6•
(410 deal Nthe rate of 3$ permit.
aim assfate).
Woke nod North Wasters Mack*
(die. at the rate d,64 pis amt. per
tam)
Indland Storldiv. et the name 24 per
llocarku= Stook. (th
7
y. at the
rated 2 2-3rds pre that. per sea.) 204
Tort, Nematode, lad Derelre Nock*
(die. at the rate al 2 pee NE pee
enema) ... 174
111031,1511 113111311.—Tare DAT.
Saab Nock. 217 18 Loot Annsition.7 1-16 1
3 par Cl. Seduced. 971 i I India Stook. the ith
3 per la. Conn.L. 6Th t Viso 5eed‘1,9602.,71. 74.
Viso for eon. 93 t 1 halb.ethr Ms‘ LOWS. 61a. W.
34 per Ct. Cowie. ent
toss' a N lON Da.
44 per IX lidelan. 90 2 3 par CL Mthisart, 321 1
3 per Cl. Brannan. 3 95 7 ph. CL Parrvion.
Ite. Ifew,94 6 -Ditto Datemd.
6pm CL Boman Mirk 51 53 5 per lA. DOTITIDLO.', NI 3$
0 per CL Chillies. 103 105
8 pre Oa Chinas, 64 0 :4Pqr(tl.ll=,ll3 101 2
3 par CL Daniels. 76 78 6 per Ctip. Ado', 231 4
It per et. Ikea*, 5.01 601 AWN OA agli LT
4 per Ct. Date!. 916 24 he
Seuadoe. 41 1 14 ore OL athaela. 36 36
1 per CL Unmade. Si le . On DANN. IN IN
lierdunis 5 per Coal, N to N.

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