The Express.
London, England, 1852-04-02 00:00:00

Bence of my announcement of the 104 looked-for
reduction in the rate of discount cannot be mid to
have ocemioned dimppointment.
- - -

Th. IL:sir/we Bill socket woe feat oa the isto
range of MA. to 71s. prem. India Bonds mark 775.
to Ns. prem.

In the foreign stock market, Peruvian and Mexi-
can Bonds engaged the largest amount of attention.
The latter stock made a considerable advance, leaving
off, with a firm appearance, at 33i. It is stated
that Mexican letters, received by the last New
York steamer, afford grounds for a belief that
the remittances on dividend account by the
next packet will bo much larger than heretofore.
The intelligence of the final suppression of the re-
volutionary movement in the north of the republic
by the capture of Carbejel in the Texan territory by
General Harney, is also calculated to re-assure the
bondholders, although at the same time, from the
well-known explosive character of Mexican politics,
hopes of permanent tranquillity can scarcely be en-
tertained unless more vigour and honesty can be in-
fused into the federal administration. The disor-
ganised state of the country is sufficiently proved by
the pronunciamentes, on various scales of magnitude,
so frequently reported, both by the Mexican and
United States papers. However, the late proceedings
of the government have afforded hopes of a better
state of things, and with the disposition now shown
to pick up the low priced stocks afloat in the market,
it is by no means improbable that these bonds may
undergo a considerable rise in value. After deduc-
tion of the indemnity money, the present price is
only about 27, a low figure for a 3 per cent. stock.
Strong hopes are felt of an improvement in the
finances consequent upon the proposed farming out
of the customs duties, and a reduction in the tariff.

Peruvian Actives were to-day marked u high as
106 ex the dividend, and the Deterred Three per
Cents. at 66 ex div. Venezuelan, Belgian, and
Spanish bonds were also very good, and Buenos
Ayrean are fairly supported. Generally, the pro-
spects of the market must be reported as favourable.
Sales are recorded in the following:—Belgian Four-
and-a-Half per Cents., 94, 1. Buenos Ayres Six
per Cents., for account, April 15, 75, 74. Dutch
Two-and-a-Half per Cents., 601 • ditto, Four per
Cent. Certifs., 93, 921 ex div. Ecuador Bonds, 8.1
Granada Deferred Bonds, 91, 10. Mexican Bonds,l
Ifor account, 33, 321, 331, 1,1; ditto, New Con-
verted Three per Cents., 26,1,1, 271. Peruvian Ac.l
tires, for account, 1051,4), 3, 6 ex div. ; ditto, De-
ferred, 66 cx div. Russian Four-and-a-Half per
Cents., 103; 104. Sardinian Five per Cents., for
account, 93, 1. Spanish Old Three per Cents.,
441, ); ditto, New Deferred Three per Cents., 20,
1, 101 20,1 ; ditto, Committee's Certif., 21 per cent.
Venezuelan Three-and-a-Half per Cents., 471, 48.

United States stocks have met with a fair demand
this week, and the appearance of prices continues
favourable. New York advice, mention that a large
amount of business has been done of late in the
various railroad bonds, both on foreign and domestic
account, and compared with the prices that ruled a'
month previous, several descriptions show an advance
of 21 to 5 per cent. At the same time it is noticed
that a very prudent and correct discrimination is
shown by foreign capitalists in the selection of these
securities, the inquiry having been almost entirely
restricted to the first mortgage bonds of prominent
and improving lines. Messrs. D. Bell, Son, and Co.,
report the present quotations of the market as
follows:

Itedeentable. Dividends. Prices.
linlini UM* 11 per Ct. Bds. 1853 Jut. and July 9001 9
911
DIPS& 4 pse Ct. MA. NU Jan. July 102
Din 4 per OA do. ISIS Jan. andaad July II II 1031
D& II per Cl. Ikea 1817.1888 Jan. and July 108 :09
Mg Teri Slats 5 per Onto 1658.1800 Quarterly 95 96
/kook — Feb. and Aug. 81 11.11
mizt—,:c. 7.9 pee
8 per Cl. deeding
Del*
= ti.V.
an
180 Ap. and Oat. 109 107
id 5 per Ct.
per Oen= —J. sad July 1121 91
1664 97 96
OMB& 4 peBr Ct. lends. 1874 Feb. and Aug. 108 109
Illenlival City 6 per Oials.

The facilities that will be afforded to parties cou-
nseled with India, by the projected Egyptian Rail-
way, are so important, that great interest has been
felt in the details of the difficulties and opposition
manifested on the part of the Porte. Now that these
have been finally set at rest, the requisite arrange-
ments are rapidly progressing, under the superin-
tendence of Mr. Robert Stephenson. The barque
Bella Donna, of London, has just sailed from Cardiff,
for Alexandria, with the first cargo of iron for the
railway, and other vessels are also loading at the
various outports. The transport of the necessity
materials will afford remunerative employment to a
considerable amount of tonnage for some time to
come. Messrs. Banner Brothers, the brokers in this
business, have chartered none but first class British
vessels.

The traffic return. for the last week on the under-
mentioned English lines of railway, as made up to
this day, are as follows :

1862. 1861.
London and North Western £42,363 .... £41,466
Midland
Lancashire and Yorkahire 16,891 .... 14,770
London and South Western 9,263 .... 8,933
London and Brighton
Great Western
South Eastern
York and North Midland 7,301 .... 6,714
Exeter and Creditoo
Bristol and Exeter
. .

York, Newcastle, and Berwick 13,281 .... 13,269
Shrewsbury and Chester 1,593 .... 1,667
Great Northern 10,867 .... 7,248
Leeds Northern
North Staffordshire
Manchester, Buxton, Matlock,
and Midlands Junction
Manchester, Sheffield, and Lin-
colnshire 6,571 .... 6,004
Shropshire Union
Shrewsbury and Birmingham 576 .... 604
Eastern Counties and Norfolk 13,421 .... 12,396
East Anglian
Manchester, South Junction,
and Altrincham 6ll .... 392
Kendal and Windermere

Total £188,303 £175,219
The total receipts upon the oorresponding lines being
188,2011., this week against 175,219/. in the same
week of last year, the increase is shown to be 12,9821.
or 7 per cent. The number of miles open on the
above lines is 4,1441 against 4,042 last year, being
an increase of 1021 miles, or 21 per cent. The ag
gregate average return per mile per week is
451. Bs. 2d. against 43!. 6s. I Id. in 1851, so that the
difference remains in favour of the present year to
the extent of 21. ls. 3d. per week. This is again a
I very satisfactory companion.

The return per mile per week is subjoined:

1&52.
London and North Western £711.52
Midland
Lancashire and Yorkshire
London and South Western 37.92
Great Western
London and Brighton 40.42

IMI.
£90.00
40.92
36 57
54.62
~... 43.49