The Express.
London, England, 1852-03-25 00:00:00

MONEY MARKET.

WIDNZIDAY EVININO.
There was less movement in the Stock Exchange
to-day, and throughout the City generally business
presented its ordinary aspect, there being no impor-
tant arrivals. In the security markets, however,
groat firmness prevailed, and though the feeling of
the dealers was rather less confident towards the
close, improved prices were realised for most stocks.
During the week the advance in the railway share
market has been especially stimulated by the
hopes entertained by speculators, that the Bank
directors, after the reduction made in their
rate for advances on stock to 2 per cent , will
find it necessary to lower their minimum dis-
count rate to the same standard. This
afternoon, however, less sanguine anticipatioes were
expressed of an immediate decision in this direction,
and the flatness observable at the close of business
was occasioned by the desire of the more timid ope-
rators to secure the profits accruing from the late ad•
ranee, in the apprehension that some depression will
ensue should the Bank board break up to-morrow
without making any change in their terms.
Consols to-day reached 981, and the closing quo-
tation of 9$ to f for money, and 98/ fur the ac-
count of the 13th April, still shows an improvement
of on the last rates of yesterday's market. Tho
official business report is as follows Consols for
money, 98a, ; ditto for account, 981, 1, 4.
-Rashanner Bills remain .-empported al the high
range of 675. to 70a. prem., at which quotation a
good business was transacted.
In India Bonds, the only bargain was at 735.
prem.
The business in the foreign house was less exten-
sive than of late, and though a disposition is still
shown to run up the prices of particular stocks, the
market closed rather heavily. Venezuelan Actives,
however, were in demand, and left off with a firm
appearance at 481. Ecuador. were also better,
reaching 51. Buenos Ayrean improved to 76 in the
morning, but were subsequently sold at 74. Spanish
stocks maintain the late advance, and the Old Three
per Cents. realised 44, being the highest figure that
has ruled for many months. Brazilian Bonds are at
par, though the rasing of a loan in this market is
extremely probable. The government have already at-
tempted to enter into negotiationsfor this purpose with
parties at Rio Janeiro, but the terms offered were not
agreeable. The expenses of the successful contest
with the ex-President limas must have been very
heavy, but we do not yet know the terms upon which
Brazil undertook so prominent a sham in the hos-
tilities, or to what extent the treasury will be re-
imbursed. Portuguese Bonds maintain their price,
though the necessities of the administration of that
misruled country, as detailed in the correspondence
received by recent arrivals, are very urgent. To-
day's business list is as follows : Belgian Four-and-
a-lialf per Cents., 931, 1. Brazilian New Five per
Cents., 1829 and 39, 991, 100. Buenos Ayres
Six per Cents., 741, 76, 744, 75, 74. Chilian
Six per Cents., 1061, 106 ; ditto, Three per Cents.,
691. Dutch Two-and-a-Half per Cents., 61;
ditto Four per Cent. Certificates, 95. Ecuador
Bonds, 5/, 1, 4. Granada Deterred. 101,1. Mexican
Three per Cents., 324; ditto for account, 31st
March, 321, 1, 1. Peruvian Five per Cents.,
1849, 106, ; ditto Deferred, 631, 1. Portuguese
Five per Cents. Converted, 1841, 361; ditto Four
per Cent, for account, 351,1 ; ditto Small, 36. Rus-
sian Five per Cents., 1131; ditto Four-and-a-Half
per Cents., 1031. Sardinian Five per Cents., 93/,
1, I. Spanish Actives, 26; ditto Old Three per
Cents., 44 ; ditto New Deferred Three per Cents.,
19i, 20, 19/. Venezuela Three-and-a-Quarter per
Cents., 471, 48 ; ditto for account, 471, 48, 47, 1, 481.
The last quotation of City Navigation Three-and-
a-Half per Cent. Bonds is 931 ; Canada Five per Cent.
Bonds, 100; ditto Six per Cent., 108.
The tendency of the general joint-stock share
market is decidedly upward, as the pressure of inves-
tors brings many stocks into prominent notice. In
several, branches of business a brisk inquiry has been
stimulated, and in all cases good prices are realised
by sellers. Our usual weekly review of the several
markets is as follows :

Bank shares are firm, though the inquiry is not
active. The sales recorded during the week com-
prise :—Australian (401. paid), at 39, 4,1; British
North American (301. paid), 49 ; London Joint Stock
(101. paid), 181, 4 ; London and Westminster (201.
paid), 294, 29,1 ; National Provincial of England
(35'. paid), 404; Provincial of Ireland (251. paid),
434.
Dock shares continue well supported, and East
and West !ndia have improved 11., marking 153
and 154. Commercial stock is quoted 904 ; London,
1215; St. Katharine, 82 ; Southampton, 20.
Prices of steamboat shares are firmly maintained,
buyers being easily obtained. Peninsular and
Orientals mark 791, f ; ditto, New (101. paid), 271,
28 ; Royal Mail Steam, 804.
Insurance shares are in increased demand, and
prices generally show an upward tendency. Globe
shares have risen 21. ; United Kingdom, 7s. 6d. ;
Guardian and Law Fire, 55. ; and Eagle, Equity,
and Law, Medical, Invalid and General, and Monarch
shares are all looking up. Clerical Medical and General
Life shares, on the other hand, have receded. The
latest quotations of the market are as follows : Albion,
86; Alliance, 22 ; ditto, Marine, 411 ; Atlas, 18,
17f, ; British Commercial, 6/ ; Church of Eng-
land, 31; Clerical, Medical, and General, 25; County,
97, ex div. ; Crown, 161 ; Eagle, 71 ; Equity and Law
Life, 41; English and Beach Law Life, 35 ;
European Life, 12; General, 55 ; Globe, 136, 1;
Guardian, 551; Imperial Fire, 256; ditto, Life,
191 ; lndentnity Marine, 48, 49 ; Law Fire, 35 ;
Law Life, 461; Legal and General Life, 51 ; Marine,
151 ; Mediath Invalid, and General, 24 ; Monarch,
11 ; National Loan Fund, 21, ex div.; Palladium
Life, 21 ; Pelican, 38 ; Phoenix, 161; Professional
Life, ; Provident Life, 30 ; Rock Life, 7f ; Royal
Exchange, 227 ; Sun Fire, 213 ; ditto 48 ;
United -Kingdom, 44 ; Universal Life, 39f ; Victoria
Life, 5, 54,
The General Reversionaryand Investment Society's
shares are quoted 94 ; London Reversionary, 42;
Reversionary Interest Society, 101; Equitable Re-
versionary, 119.
Waterworks shares present no change.
In Canal shares the movement is limited to'Grand
Junction, which are better at 48 for the old stock,
and llf for the 101. shares guaranteed 6 per cent.
Gas companies' shares are steady, and Phoenix stock
has improved, being worth 254 ex div.
Miscellaneous shares are quoted as follows in the
official list:—Assam Tea Company, 71; Australian'
Agricultural, 16}; Australian Trost, 21 ; Canada
Company, 484, 49 ; Hudson's Bay Stock, 206 ; Price's
Patent Candle Company, 23 ; South Australian, 245.
The latest quotations of exchange at foreign places
on London, as received during the week, are as fol-
lows :

Previous Latest
Quotations. Quotations.
Antwerp
N:5l
Amsterdam, short •• • • 11.96
Ditto, 2 months
Berlin, 3 months 6.241 6 241
Brussels
Bremen, short
Ditto, 2 mouths
Christiana. 3 months
Copenhagen, short
Ditto, 3 months
Frankfort, short
Gothenburg, 90 days
Gibraltar, 90 days " 601 d.
Hamburg, short
Ditto, 3 months
Kingston, JAMAICA (bank
bills), 30 days.. Ito 11 per et. pm. Itoll pr et. pm.
Ditto, 90 days —.. par ler et. pm. p6a4r tolpr et. pas
Lisbon, 3 months
Leipzig, 3 months
Mobile
Madrid
New York llO 1 110 1
Paris, short
Ditto, 3 months
Rip, 3 months 381.16d. 38 d.
San Francisco, short
Ditto, 60 days

•
St. Petersburg, 3mo 371 d. 38d. 37 13.16 d. 15.166.
Stockhnlm, short 12.4 12.4 3
Ditto, 90 days
Vienna 12.29 12.27

THIS DAY.
Two o'Cr.oca.
No announcement of any change in the Bank rate
of discount has been made this morning, but Consols
remain firm. Business has been done at 9H,, but the
ruling quotation of the market has been 98t to It
both for money and account, which is also the rate
now current. Exchequer Bills are firm, selling at
68s. prem.
The foreign market is dull, a suspension of active
operations having taken place. In most cases prices
are supported, but some stocks slow a little weak-
ne,a. Mexican Honda mark 32:1. to 1; Equador, 51;
Spanish Actives, 254 to 261 ; Granada Actives, 24;
Peruvian Deferred, 1331.