The Express.
London, England, 1852-03-23 00:00:00

MONEY MARKET.

MONDLT EVENING.
The upward movement noticed last week continues.
Consols were to-day extremely firm, and,with a good
demand for investment, prices closed at an advance
of per cent., the market leaving off at 983 to 3 for
cash and 981 for the account of the 13th April.
Compared with the price of last Monday this range
shows a rise of 1 per cent., and another advance of
as contrasted with the Monday previous, making a
total improvement of 1 per cent. within the fort-
night. This marked advance, occurring in the face
of the unsatisfactory position of the cabinet both as
regard's parliament and the country, affords strong
evidence of the general opinion as to the tendency of
the money market. The prices officially marked
are :—Consols, for money, 983, 3,1; ditto, for
account, 983, 1; Bank Stock, for account, 221. This
last price includes the dividend.
Exchequer Bills were firm at 665. to 695. prem.
In India Bonds, there were a few sales at 74..1
premium.
In the foreign house there was a fair amount of
movement, and several stocks realised enhanced
prices. In Buenos Ayrean Bonds a marked rally
took place ; the price, which on Saturday was as low
as 68, is last marked 74, and left off 73 to 75. Vene-
zuelan, Spanish, and Peruvian Bonds also advanced,
and Granada, Mexican, and Ecuador were firmer.
French Five per Cent. Rentes were dealt in at par.
The official record of business embraces the follow.
ing stocks, viz.: Buena Ayres Six per
Cents., 70;_ ditto for account 31st of March,
71, 72, 74. Dutch Two-and-a-Half per Cents., 603,
/ ; ditto Four per Cent. Certificates, 931,1. Ecuador
Bonds, 5,1, 1. French Five per Cent. Rentes,
100 f. (Exchange, 25f. 40c.) Granada One-and-a-
Half per Cent., ex Dec., 1849, Coupon, 241,
3,3; ditto Deferred, 103, 1. Mexican Three per
Cents., 323,:a^3; Peruvian Five per Cents., 1849,
1061; ditto 'Deferred, 62, 1, 611, 621, 63. Portu-
guese Five per Cents. (Brazil Guarantee), 98.
Russian Five per Cents., 1131; ditto Four.and-a-
Half per Cents., 1023, 1031, 1. Sardinian Five per
Cents. for account, 931, 3 93. Spanish Actives, 251,3 ;
ditto Passive, 51; ditto Old Three per Cents.,
43, 3 ; ditto New Deferred Three per Cents., 191,
3,3; ditto Committee's Certif. of Coupon not funded,
21, 21 'per cent. Venezuela Three-and-a-Quarter
per Cents., 453, 43,47; ditto for account, 461;
ditto Deferred, 183, 3.
. _

Notice has been issued of the duo cancelment of
11,5001. Peruvian Bonds, of which 7,500!. was re-
presented by 43 bonds of the Six per Cont. Loan, and
4,00 W. by 25 bonds of the Three per Cent. Loan.

The subjoined calculations show the rate per cent.
per annum yielded by the various English securities
cited at tho average of the prices now 'tiling. Where
the asterisk (•) is prefixed, it is to be understood that
the share rate of interest is less the income-tax. It
will be seen that in every case we take the rate of
interest last declared as the basis of our calculation.
To render the results strictly accurate, the pro-
portion of interest which may have accrued since
last dividend period should, in each case, be taken
into account:

nuns per Cant. °mote price 99) plead per pat. C 3 0 9 f
ladle Stook (die. 101 per oent. per aa.) 230 1 0 91
Laabegeer nide (Ila lid. per seat. per
W 1
East W
ladies enure, 194. paid (auras-
Me. pm. .• 3 4 11
tont die. 3 per oast. per annum) 2l ro 4 3 9)
Grog W. £lOO eh. (dm. at the
rate of 3 per sort. per *mom) 69 r• 9 13 1)
I.aneiehlre and Yorkshire £lOO
Stook* die. at the rate of 3 per end.
per sea.) 73
Looks and eolith Waters dank
(theidead at Ile rate el 31 pa cent.
per snort• 111) ..
Dream and North WllOlllll Stock•
fan. at tle rate at 6 par oat. per
M.)
Mind itneke(div.atthe rates( I) per
amd.pr ma) 64 n
South Yearn Rode (die. at the
rate Of 1) par mat. jeer airsaaa.) . 21) ON
York, Nrereeeda, and Wed* Stake

n 1 2 SI

II 0 0

4 17 Ili
4 3 11)
1 IS 9j

(dli. at the ;ate ate per met. pet
mange)
It is curious to notice the considerable variation
in the results thus attained between 31. l9s. yielded
by 13erwieks, and 61. per cent, the rate of return on
London and South Westerns. With the steady
improvement now in progress in tho various classes
of railway property it is anticipated that encourage-
ment will be afforded to a further rise in many
stocks, u the demand for investment continues in
full operation. The amount of return on investment
in the sounder descriptions of dividend-paving Euro-
pean bonds, after making allowance for the propor-
tion of interest now running, is shown in the fol-
lowing :
Karim Fire per Cents, at (preen'
peke 1135. lue I, behig 1 month'
thereat now due) 111; ykld per cent. CI 8 2
Russian Youand-a-Rall per Cents
(preeent price 1031, lees If) .... 102 f
"
Deal& Three per Cents. (erneut
price 194. lea It) III e
DeniU rive per Calms. (prow at peke
Torii* 1034, lees I) )
Dutch Two. and-a-Ra't per Ceuta
(preset pike 61. ken 1)
Dumb You per Onto. (premed prime
113 f ~, 4 2
Ilatrilltlan 16. ter Ceuta. (pretest
' pus VS, lew II) 9lf • i 8 8

4 7 ►1

$ 16 II

4 17 0

4 4 2

Two o'CLocs.
The English funds are still rising. Consols have
been purchased at 981 for account, and are now
quoted 98; to a for money and 9ts to; for the 13th
April, being a further advance of full 1 since yester-
day. The Three per Cents. Reduced, with the divi-
dend, mark 991. India Stock, 261. Exchequer
Bills have risen to 675. to 70s. prem.
In the foreign stock market, the tendency is also
upward. Belgian and Buenos Ayrean Bonds
have improved, and Spanish and Peruvian
aro also looking up. Buenos Ayrean mark 74
to 73 ; Peruvian Actives, 106 to 7; ditto Deferred,
63 to 1; Spanish Actives, 231 to t.; ditto New De-
ferred Three per Cents., 191 to 211; Belgian Four-
and-a-Half per Cents., 931 to 1; Venezuelan Actives,
47 to 1; ditto Deferred, 191.