The Express.
London, England, 1852-04-17 00:00:00

FIBIDAT Imany.
The English stook seerket to-day has fully mein-
tained its improved position, end sirs of a farther
ulnae, have not been wasting. Console were
freely dealt in at 100 both fee mosey end amount,
end at oils time tolled par to /, whilst the
per Cents. have reached 101,
and the Bodoni Threes 99k—veraphigh rafts when
it is oendleeed that the dividends ea these two last-
nosed
.alsilms ealy now in COO2lO of pa meet.
The sluing gustation of Consols is 99k to 100, the
rate bet fee aish sad the 11th May being identical.
It met L easuallieed that this per quote-
tics of Climb bides upwards of 16e-, hie-
iag the amount of dividend that has accrued
does Jearsary, so that the actual inveset
=m4 is reduced to 99} to I. Bank Stook bee
Mk. with the dividend off. The ollsial
badmen report is as fellows :—Three per Cleat.
Connie. for sassy. 100c114110 100; ditto, for account,
991, 100. Throe per that. Scalased, 99k, I.i New
Three-and-a-Quarter per (Rota, 101, 100! 101.
Long Annuities, 1860, 6 13-16, 11-16; ditto, 30
years, 1859, 8 9-16, 7-16; ditto, 1860, 7. Bank
Stock, 219, 2181, 2191. India Stook, 1101.
The demand for hxchequer Bills of the Monk
Woo continues, and the price to-day rose another
shilling, closing 725. to 755. prem. Thu June Hills
remain at 645. to 675. prem. India Bondi were
dealt in at 82s. to 86e. prem. - •
In the foreign market the feature was a rise of 2
per cent. in Buenos Ayrean Bonds consequent upon
the highly satisfactory intelligence received by the
Tay. There is but very little of this stock offering
in the market, a fact that shows the firmness of
holders and the anticipation that the prospects of a
settlement of this long-neglected debt are now much
more tangible, since the final expulsiou of the san-
guinary and dishonest Rocas, A good deal of im-
patience is beginning to be felt by those interested in
this loan at the entire absence of any movement on
the part of the committee and other parties
whose duty it should be to improve every
opportunity that may offer in favour of the
ill-used bondholders, and a general opinion is ex-
pressed that a good working committee of the Buenos
Ayrean bondholders ought to be at 000 s formed, to
place themselves in communication with the new
government of the republic. Much satisfaction is
felt at the moderation evinced in the first proceed-
ings of the administration just installed, and a strong
hope is expressed that the bondholders' claims will
be at once admitted, and arrangements entered upon
for the punctual discharge of the interest, and the
settlement of the arrears on such terms as may be
agreed upon. Meanwhile, the speedy or-
ganisation of an agitation for the promo-
tion of the English claims is regarded as
indispensable ; and, considering the success
that has nearly always been the ultimate result of
this course of policy in the case of states of noto-
rious insolvency or dishonesty, no doubt can be en-
tertained of its advisability. With regard to the
resources of the Argentine republic, we know to a
certainty that they are amply sufficient to meet all
the claims of the foreign bondholders, if rightly ad-
ministered. In the year 1851, it is on reowd, the
surplus of revenue over expenditure, at the disposal
of General Roses, amounted to no less than
115,000!., one half of which sum would have
been sufficient to meet the dividend on the
foreign stock ; yet at this very time the ut-
most that could be wrung out of the dictator
was 5,000 dollars per month, equal to 11 per cent.
per annum. A further proof of the prosperous state
of Buenos Ayrean finance is the steady extinction of
the domestic debt. The total amount of this stock
created was 53,693,334 dole. ; at the end of 1849,
39,178,724 dole. had been redeemed, leaving only
14,514,610 dole.; and as nearly five and a half mil-
lions of dollars were then in hand, the whole of the
outstanding debt was expected to be redeem:el
the end of the year 1852. It is extremely pro
that the extinction has been ere now completed, for
none of the stock is to be met with in the market.
Many of the English bondholders are disgusted
at the went mama.

debt has been mooted; but the more hopeful among
them urge that no such propitious opportunity as the
present has before offered, and with the energetic
aid that will be afforded by the Mends of the cause,
the agitation can scarcely prove abortive.
In other stocks there wee not much business, but
prices were well supported, especially for Mexican
and Peruvian. The sales include :—Brazilian Old
Five per Cent. Small Bonds, 991. Belgian Four-
and-a-Half per Cents., 98, 97. Buenos Ayres Six
per Cents., for account, 30th April, 80, 81, 791, 81,
19, 801. Danish Five per Cents., 1041. Dutch
Two-and-a-Half per Cents., 82/. Granada One-
and-a-Half per Cents., ex Dec. 1849 coupon, 241,
24 ; ditto, Deferred, 11, 101. Mexican Bonds, for
account, 331, 1,1; ditto New Three per Cents.,
291 ex div. Peruvian Actives, 107 ex div. For-
bigness Four per Cents., 39. Sardinian Five
per Cents, 97, 4. Spanish Passive Bonds, 61 ;
ditto Old Three per Cents., 481, 48, 1 ; ditto New
Deferred Three
. per Cents., 22, 211 1. Venezuelan
Three-and-a-Haff per Cents., for account, 48, ; ditto
Deferred, 18g. French Three per Cent. Rents.,
71E 821 c. (exchange, 25f. 43c.).

Notice has been iisued of the due cancelment of
228 bonds, amounting to 49,1001. sterling, of the
Danish Three per Cent. Loan of 1825. These bonds
are purchased in the open market, and as the present
is the 64th half-yearly purchase a very large propots
tion of the Three per Cent. debt must now be extin-
guished ; bat the advantage that would certainly have
accrued to Denmark from the strict punctuality
with which she has met her engagements has
been neutralised by the necessity of contracting fresh
loans, owing to the Schleswig-Holstein struggle.
Aa the revenue of the country in time of peace, how-
ever, is generally in excess of the expenditure, the
burden of her debt may be expected to be materially
alleviated in a few years. This Three per Cent.
stock was created in 1826 to pay off the 6 per oent.
loan—a very advantageous operation for Denmark.
In the market for foreign exchanges to-day the
quotations of last post were in most oases main-
tained, and business was rather animated. Short
Paris was done at 26.421 to 45 ; ditto, three months,
at 26.671 to 80. Amsterdam was more freely dealt
in than last week, when takers were afraid of a
further rise ;it closes 12.1 j to 2. Hamburg was in
demand, coming a little lower from the other
side ; negotiations were effected at 13.11 to 1. Of
Italian places, Oenoa was in request at 26.66. but
several houses being limited at 25.60, would not die-
pose of their bills at the current rate. Madrid was
taken at 491, and Barcelona at 49j; whilst other
Spanish places were rather dull. The business on
Lisbon and Oporto was not extensive, and the quo-
tation ruled at 531 to j. On Vienna and Trieste the
transactions were more lively, the fluctuation in them
rates bringing speculators into the market. Yesterday
the telegraph brought the exchange at Vienna on
London at 12.4, and bills on Vienna were done here
at 12.18. To-day the exchange comes 12.14 to 16,
caning a corresponding rime in this market to 12.28
to 28. The prices negotiated are as follows :
Ilmo. Onset siootistoe.
Prom To
hmoterdato pert Mot In. lit lots.
Ditto ' ,, f Mookitila 1ie.... ISt I otv.
hailitoadmato me Alt „" Ma! &tot! 11".
Imithrt-ao.tooJialoo For In& 144.811..
Tomo per „ lit Mar. ... 1111. Mar.
Antwerp
Iltrosis
22. ... Was.
Ohne
risk Mk. a. ... Mr. ass
~ I Miatiokk. ... No.
knot Wk. ... UR. ofiE
.. rR. It
kto. ... fs4. I
„ 1.141. 11.0.
TOOL Ws. No. ... 114. GO.
Isons
MtOeb
wale pima powspa
per dint 401 401
i ar le pm* ... lll pews
Moir. g
111 poem ... 121 pow
MIMI
, . paw pow