The Express.
London, England, 1852-03-24 00:00:00

MONEY MARKET.

TUESDAY Rvierixo.
The Consol market was again extremely firm
to-day, and prices closed at a further advance of fully
k. The price of Consols opened 981 to I for money,
and after the government broker had purchased
went up to 981, closing a shade worse, at 981 to 1,
for cash, and 981 to for the 13th April. The official
business list includes :—Three per Cent. Consols,
987„ ; ditto for account, 981, 1,1; Three
per Cents. Reduced (shut), 99/. This list transac-
tion was effected by special transfer, and the price of
course includes the dividend.

The speculative movement in the Stock Exchange
continues directed strongly towards the railway
share and foreign stock markets, in both which de-
partments the rise in prices has been continuous and
considerable. In sham, especially, the advance has
been very steady . The chance of a reduction in the
Bank rate of discount affords additional induce-
ment to "hold" firmly, and the probabilities of such
a step being soon adopted are earnestly canvassed.
That the money market is fully as easy as of late,
is shown in the firmness with which the price of
Exchequer Bills is maintained at the present high
range. Today, an increased demand for these secu-
rities was noticed, and the quotation went up Is.,
leaving off steady at 675. to 70s. prem. India
Bonds made a corresponding advance, being quoted
735. to 784. prem.
In the foreign market a firm feeling. also pre-
vailed, and where any change in prices is observa-
ble, it is, in every case, in an upward sense. Peru-
vian Actives reached 107, and the Deferred Bonds
made a further marked advance, being taken as high
as 631. Buenos Ayrcan improved to 75. AU classes
of Spanish bonds were also in increased favour, the
Active Bonds realising 261. Mexican left off a shade
better, owing to the reports given by the American
papers of the defeat of Carbajal, the insurgent leader.
Dutch, Belgian, Russian, and Sardinian bonds were
all in demand for investment. Tho official list
of the day's transactions is as follows
Brazilian Old Five per Cents., 100. Buenos
Ayres -Six per Cents., for account 31st of
March, 75, 74, 1, 75, 74. Belgian Four-and-a-Half
per Cents., 931, 1. Danish Three per Cents., 1825,
79. Dutch Two-and-a-Half per Cents., 61, 601;
ditto Four per Cent. Certificates, 951, 1. Ecuador
Bonds, 51, 1. French Three per Cent. Rentes,
70f. 121 e. (Exchange, 25f. 40c.) Granada One-
andn-Half per Cent., ex Dec., 1849, Coupon,
244 ; ditto Deferred, 101. Guatemala Bonds, 46.
Mexican Three per Cents., for account, 32t, 1, 1.
Peruvian Active .Five per Cents., 1849, 106, 107,
1061; ditto Deferred, 63, 1,1, 1. Portuguese
Five per Cents. (Brazil Guarantee), 975. Russian
Four-and-a-Half per Cents., 1031, 4, 1. Sardinian
Five per Cents., 931, 4, 5. Spanish Actives, 231, 5,;
ditto for account, 261; ditto Passive, 51, 1; ditto
Old Three per Cents., 434, 1; ditto New Deferred
Three per Cents., 431, i; ditto Spanish Committee's
Certif. of Coupon not funded, 21 per cent. Venezuela
Three-and-a-Quarter per Cents., 47, 1,47; ditto De-
ferred, 191, 19.
At the adjourned meeting of the Bank of Eng-
land proprietary to-day, the resolution for declaring
a dividend of 4 per cent for the half-year was
unanimously affirmed. The proceedings were purely
formal.

There was an upward tendency in the market for
foreign exchanges this afternoon, owing chiefly to
higher quotations for bills on London at the conti-
nental bourses. Paris was a shade higher, at 25
371 for abort, and ,25.60 to 55 for three months.
Amsterdam rose to 12 1 to 11; and Rotterdam to
12.11. Hamburg did not vary, remaining through-
out the exchange at 13.101 to 11, with a fair amount
doing. Frankfort, although coming a shade lower
from the other side, remained at 1211 to There
is a great scarcity of bills on London prevailing at
Frankfort. No material variation occurred with
respect to Italian, Spanish, and Portuguese places,
but Vienna and Trieste were again higher, being
quoted 12.40 to 46. Altogether the ;business trans-
acted was not very extensive.
The dollars brought in by tho Great Western
from Mexico were sold this morning at 4s. 101 d. per
ounce, being a further reduction of 14. Some por-
tion was bought for India, and tho remainder Fn.
Holland. In bar silver there is no change at pre-
sent, the supplies of silver by the Great Western
having consisted almost entirely of dollars. The
present quotations of the market are thus reported
by Messrs. Sharps and Wilkins :—Bar gold, 775. 9d.
per oz. standard; American gold eagles, 78e. 3d. per
oz.; bar silver, without gold, 6s. o?,d. per or. stan-
dard ; ditto, containing gal (all gold above 5 grains
in the pound to be paid for), 6s. Old. per or. ; Mexican
and South American dollars, 4s. 10Id. per oz. ; pla-
tins, 18a. per oz.; quicksilver in bond, 3s. per lb.
The amount of bills drawn by the East India
Company on their respective Presidencies from the
Bth to the 23rd inst., is as follows:

Rate of Exchange.
Bengal
a pee.
Mdras
Bombay 34,728 0 9
3,861 6 0 2s. 014. „

Total t £197,378 4 6