The Express.
London, England, 1855-03-09 00:00:00

MONEY MARKET.

THURSDAY BRINING.
The English stock market opened steadily, but
subsequently declined, owing to a pressure of males,
partly on French account. A telegraphic statement
that the French Emperor had this day left Paris for
Lyons was regarded as indicating his Majestfis con-
tinned intention of visiting the Crimean army ; and an
impression that the aceesaion of the new Czar may
tend to postpone the active participation of Austria
in the war had also a depressing influence. In the
afternoon rather more firmness was observable, but
prices still closed 1 per cent. lower than yesterday. A
report prevailed that the approaching budget will
in its main features represent the policy of Mr. Glad-
stone, and that it is proposed to make up any defi-
ciency in taxation by • fresh issue of Exchequer
securities, in preference to a creation of funded stock.
At Paris to-day the French funds closed at a
further fall of j to 1 per cent. Most of the other
continental stock markets are rather weaker.
Consols for the new account of the 11th April
opened at 931 to 1, receded to 921, and had recovered
at 4 o'clock to 931 to 3-16. For money the closing II
quotation was 921, " buyers," the " contango" being
per cent. The official business report is as follows :
Three per Cent. Console, for money, 931, 921, 93 ;
ditto, for account, 11th April, 93:, 921, 931, 93,
931. Three per Cents. Reduced, 934, 924, 93:,
93. New Three per Cents. (shut), 931, 1. Long
Annuities, expiring in 1860, 4, 4 5-16. Thirty
years Annuities, 1859, 4 3-16, 41. Bank Stock, 218,
2141. Three-and-a-Halt per Cent. Exchequer Bonds,
• falling payable in 1858, 99: ; ditto, 1859, 99:.
Exchequer Bills (June) were quoted ss. to Bs.
prem.; and India Bonds, 101. to 13s. prem.
In the foreign stock market attention continues
chiefly directed to Turkish, which is decidedly in
favour. The transactions were at 79 to 80 (or par), and
the closing quotation was 791 tot, or the same as that
of yesterday. Sardinian bonds were firmer, and other
descriptions steady. Mexican, however, remains fiat.
The Madrid has taken out 43,4311. in specie, for
Lisbon, Cadiz, and Oporto.
The Admiralty will receive tenders on the 12th
inst. for the conveyance from the River Thames, to
Balaklava, of 887 tons of light, and 288 tons of
heavy, ordnance storm Tenders will also be received
by the East India Company on the 14th inst., for the
conveyance of stores from England to Calcutta.
The subjoined is from the committee of Mexican
bondholders :

The chairman of the commituo of Mexican bondholdc
has received the luilowing letter front Lord Wodshouse
(Copy.)
• " Foreign-office, Much 5.

" am directed by the Earl of Clarendon to acknow-
ledge the receipt of your litter of the 12th ultimo, and to
state to you in reply for the information of the committee
of Mexican bondholders, that in answer to the representa-
tions which Mr. 1) her M.josty's:minister in Mexico,
was instructed to make, in behalf of the Britirh holders of
Mexican bonds, the Mexican minister of finance has stated
that, nutwitl *tending the great demands which have been
made on the resources of the republic in conseqnence of con-
tinued revolutionary movements, he trusts that by scrupu-
lously respecting tl.e fund which has been assigned to the
bondholders, it will not only he sufficient for the payment
of future dividends, but that a surplus will remain, out of
which the arrears due to the bondholders may be paid.—l
am, Sir, your most obedient humble servant,
(Signed) Worizuotaz.
"Charles M'Osrel, , 27, Gresham street."
The agents of the .tondholders at Mazatlan write under
date of the 14th January last, that they intended to ship
40,000 dots. by her Majesty's ship Virago for the dividend
fund.
A call of 2/.los. is to- be paid on the Aare' of the
North of Europe Steam Navigation Company by the
7th of April ; and a call of 11. (making 91. paid) on
the 4 per cent. irredeemable preference shares of
the Great Southern and %Vestern Railway of Ire-
land by the 31st instant. The seventh call of 10a.
on those of the Metropolitan and Provincial Joint-
Stock Brewery Company is now payable.
The half-yearly meeting of the Caledonian Itail-
way Company is called for the 27th instant, at
Glasgow.
The market for American securities this week is
reported by Messrs. D. Bell, Son, and Co., as pre-
senting no ma'erial alteration.
In the market for Land shares to-day, Australian
Agricultural and Van Diemetes Land shares declined
10s. Bank shares were steady. The stock of the
London and Westminster Bank met with nume-
rous transactions at 401 to 411. The Australian
Royal Mail Steam Company's shares have been dealt
in at 31 (101. paid) and General Screw Steam Ship-
ping at 141.
Subjoined are the traffic returns of the various
English lines for the last week, so far as they have
yet been published :
1855.
London and North Western £48,767
Lancashire and Yorkshire 17,928
London and South Western 10,492
Great Western
London and Brighton
Midland
South Eastern
Great Northern 17,017
Cliester and Holyhead
North Eastern _ _ 25,452

1854.
~„.,, £49,319

19,003
11,742
.006 19,690
10,295
00.0 24,H77
0.00 13,0.58

18,762
3,880
26,863

7,324
755

Manchester, Sheffield, sad
Lincolnshire
East Anglian ... 685
Eastern Counties, Norfolk, &
Eastern Union
East Lancashire 4,699
Bristol and Exeter
Exeter and Crediton 95
Shropshire Union 692
Birkenhead, Lancashire, and -
Cheshire Junction
Manchester & South Junction 608 ..., 636
Oxford and Worcester 2,606 2,415
Newcastle and Carlisle
These figures show the following aggregate results:
Total No. of miles Average receipt
receipt+. open. per mile.
18Z5.... £291,239 .. 4,653 g .. £49 13 8
1864.... 242,265 .. 4,633 .. 63 8 9
Although the severe weather has left us, the gene-
ral railway traffic does not recover.
The returns on Scotch lines are u under:
1865. 1854.
Aberdeen
Caledonian
North British
Edinburgh and Glasgow
Scottish Central
Glasgow and South Western

18,914
5,227
4,780
98

Total
The Irish returns are !
..... ...

Belfast and Ballymena
Beitart and County Down 209 .... 213
Dublin and Belfast Junction
Great Southern and Western
Cork and Bandon 2lO .... 216

Total

THIS DAY.—Two O'CLOCK.

The English stock market to-day is rather better.
Prices are quoted 1 per cent. higher than they
closed yesterday. Console for the 11th April
were first marked 93, rose to 931, and are
now quoted 931, " buyers." For money the
present potation is 93 to j. The Three per
Cents. Reduced (shut), have been dealt in at 921 to
931 ; the New Three per Cents. at 931 to 1; Ex-
chequer Bills (June), at ss. to 9s. prem.; Exchequer
Bonds, 1869, at 991; and India Bonds at 14s. prem.
Scarcely any business is going forward in the
foreign stock market. The only sales recorded are
in Turkish at 79?, to 1; Mexican at 201 to; ; and
Dutch Four.per Cent. Certificates at 941. Mexican
is now quoted 201 to'; Turkish, 791 to ; Russian
Five per Cents., 99 to 101 ex div.; and Spanish
New Deferred Three per Cents., 18 to 1.

SOUTH EASTERN RAILWAY.—The directors of this
railway intend to declare a dividend of 10.. par M. stock
(leas atoms tas), twang at the rata of 31. Ga. Bd. per cent.
per anima, at the analog kalf-yearly meeting on the 15th
ilitsit.