The Express.
London, England, 1852-01-27 00:00:00

MONEY MARKET.

THIS DAY.

Two o'CLocw.

Tho stock markets to-day are rather firmer, Con-
sols having further improved I, owing to the stimu-
lus given by the renewal of purchases by the govern-
ment broker, other departments sympathising in
the improved feeling. Tho warlike rumours
now so prevalent, however, have effectually given a
check to the confidence of the jobbers, and are inju-
riously affecting many branches of business. The
absence of active movement in the security markets
is thus accounted for, as the encouragement afforded
to operations for a fall by the present uneasy
state of public feeling is counteracted by the abun-
dance of money, and theextraordinary amvals of gold
from California and Australia, in addition to our
already enormous accumulation of the precious
metals.

Consols
opened at yesteday's improved price of 96,
to were bought on public account at the latter
fraction, and arc now luotod better at 961 to
for money and the 10th Feb. The official business
report embraces :—Three per Cent. Consols. 961 /I
ditto for account. 961,11. Mr's per Ceuta. Reduced,
96j, 97. New Ilweewsid-w4aarter per Ceuta, 94,
j. Long Annuities, '7 1-16,11 ditto 30 years,
1860, 61. South Sea Old Annuities, 961. India Stook,
259. Bank Stock, 2161, 217, 210.
In Exchequer Bills there is a steady business
doing at vi:sterdcy's range, of 551. to 58s. prem.
India Bonds remain very.quiet.
Foreign stocks meet with a moderate share of bu-
siness, and the change in prices is immaterial. lifexi-
can Bonds improved yesterday afternoon to 301,
upon the strength of the communication from the
committee (given below); to-day the price of the
Bonds ranges from 291 to 30k. Sardinian Bonds are
less in favour, and Spanish Actives show a down-
ward tendency. To-day's sales are thus recorded :
Brazilian Old Five per Cents. small Bonds, 94. Bel-
gian Four-and-a-Half per Cents., 911. Danish Five
per Cents., 1031. Dutch Two-and-a-Half per Cents.,
58, ; Equador Bonds, 31. French Three per Cent.
Renter, 63f. (exchange, 25f. 35c.) Mexican
Bonds, 30, 291 ; ditto for Account, 30'. Por-
tuguese Five per Cents. Converted, 1841, 331.
Russian Four-and-a-Half per Cents., 100, 1.
Sardinian Five per Cents., 881, 871. Spanish Active
Five per Cents., 221, 1; ditto New Deferred Three
per Cents., 171,4.
The committee of Mexican bondholders inform us
they. have received, through the medium of Messrs.
Baring, Brothers, and Co., a letter from Mr. Pal-
eonnct, dated Mexico, Dec.l7, of which the following
is an extract:

I am happy to be able to advise that I have succeeded in
bringing to a favourable termination the arrangement to
which I alluded in my last as then in contemplation be-
tween me and this government to provide the requisite
funds for the payment of the January dividend. By the
arrangement into which I have entered on behalf of the
bondholders, and Mr. Espana, on behalf of his govern-
ment, it is arranged that 800,000 dots. shall go forward to
London from the various ports of the republic to the con-
signment of Messrs. Baring, Brothers, and Co., and I shall
start from this Latest immediately for London ria the
States, to arrange with Mears. Baring, according to the
terms of the agreement with the government.
Mr. Falconnet also states that a meeting of the
creditors of Messrs. Manning and Mackintosh is
about to be called in consequence of proceedings on
the part of certain of the creditors.
There arc at length advices that the telegraph line
from Vera Cruz to Mexico has been commenced, the
wires and instruments having been received from the
United States. There is every reason to hope that
the success of this line will cause the continuation to
the Pacific to be proceeded with.
We have received the following:
V F UtIBLAN DEBT

Committ,;eUfBpaOiel; American 13ondholdeve,
8, Boaad.street-buildlngs, Jan. 28, 1862.
The committee received, by the last packet, two letters
from Mr. Lord, dated La Ousyra, 10th and 26th December,
1811. The former contains a copy of the finance minister's
letter to him, telling him whut he had written to the Bank
of England to rectify an irregularity which had taken place
with regard to the last remittance of 7,0001., and which is
as follows

" To 11. J. Lord, Esq.
"Caracas, Dec. 3, 1851.
"Sir,—Under this day's date I am writing to the Gover-
nor and Directors of the Bank of England the following:
" The Venezuelan government having appointed in Lon-
don their Consul, James Milligan, Esq., Baron de Gold-
amid and John Diston Powles, Esq., as a provisional coin-
mission for paying the dividends to the Venezuelan bond-
holders, it is requisite to provide the said commission with
the necessary funds; you will therefore be pleased to hold
at the disposal of those gentlemen the sums which have
been remitted by this department since the last year of
18.51 to your establishment.
" 'I have the honour to remain, &e.
(Signed) " P. C. diILTINZAtt.' "
Mr. Lord's last letter informs the committee of his having
received theirs of the 15th November, with the information
of the bondholders having in their public meeting of the
6th November, accepted the agreement concluded by Mr.
Lord with the executive power of Venezuela for
the settlement of four years' arrears of interest
and of having also received, at the same time, an attested
copy of the resolutions passed unanimously at the said
meeting. These resolutions Mr. Lord had at once trans-
mitted to tho Venezuelan government, together with a long
letter of his, of which he has sent a copy to the committee,
and in which he explains, in the strongest and clearest
terms, the great expediency and necessity for Congress to
confirm the said agreement in their muting session without
the least delay.
Mr. Lord takes the opportunity to press the government
again must urgently for immediate remittances, to com-
plete the last October dividend, and to provide for that of
next April.
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 under-
stood that the share rate of interest is lees the in-
come 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 calculation strictly accu-
rate, the proportion of interest which may have
accrued since last dividend period should, in each
ease, be taken into account:
Tire: per Cent. Comes peke 94 plaid per osar..C3 d 6
Three prr Oent.llsbeeed 3 1 111
Crew Ilirenandnstheartor Oats a If
Sank nook (dlv. at the rated 74 per
mot. per moan)
Indla Reek (d1%104 par sent. per sa ) tee 4 0 9f
Inseequer Rills (lat. 16d. pre day) 344. pea. 4 44
East Indian ares. IV. (roam-
teed dlr. 3 shper eon. p oak!
er awe* SI
Groat oiseesen• ph.. at the
rate of 4 per °ea Yorkshire l3
taainehire sad o£loo

. 4 11: 11

11t0ek.,41.. at %borate of S pee seat:
per aan.) 66
Leaks sad booth Waterer Stook
(divlOsed at the rate of 36 pet wet
per earttlial
Loudon sad North Weston* Stock
(dlr. at the raw of 61 per east per
arm)
Midland* Stock (cllv. st the rued 2) per
cent pee erm.) 3l
Waft Naftzger Stash (di.. ea the
whole Jars the Mgt of 3 par mt
per ann.)
York, Newcastle, and Berwick SW
(dl.. at the rate 408 per wet
aratuat)
NW 041811 FM
Rank Stock. 216 17
3 pot CL Uedloool. 117
3 pee Ct. Canisl..
'Ditto for Amt., lettt Feb.. 966
36 per et. Comets, WM
701113143:
4i pee Ct. Dotelaa, 91 3
6 per Ct. tlearlletp, 93 4
Do. New. 93 4
6 per Ct. Ikea. As roe, 49 61
6 per Cl. Milian. 161 103
3 per et. Clonal. 03 3
3 per Cl. Daniell, 76 76
h per Ct. Dutch. 74 666
4 per Ct. hutch, 90 91
IlCk*.
1w Ct. Ortaack, 161 141
earl Aaa 6 DIU

to 3 3 6f

n 4 13 73
vo 4 133

Pe*
DB.—Tms
11.1ttio"tutt 671*
Ditto et..
Erehequer 111114,1.44Ju1. 566 684.
4 FUNDS.
3 per Ct. Slottran. 1
46
301
6 per Cl. Cerurttn,
Ditto Delorrel. lei
6 per Ct. l'orttooke..., l 3 $
5 per Ct. 1tu4.4414. 112 14
44 pot Ct. Rtialao.
5 /..r It. spuilAh, AeUSIO. r 4 I
3 per Vt. Sprnl46. lei
Do. P. 4.41,4. 61
/44, Ct. 4464,4441LN/ 3/
.r..shoreiza4l, 1 134