The Express.
London, England, 1851-06-27 00:00:00

MONEY MARKET.

THIS DAY.

Two o'Ctoex.
In addition to a further improvement of 1, which
was established in the price of Consols yesterday af-
afternoon, another rise to a similar extent
has taken place this morning, making an ad-
vance of 2 per cent. within the last two days. We
have already offered a few observations in anticipa-
tion of such a movement. The bank returns which
will be issued this evening are expected to show a
great improvement, both in the account of govern-
ment deposits and the stack of bullion, and
the money market to-day shows signs of
being rather leas stringent, a view which is corrobo-
rated by the continued upward movement of the
market for Exchequer Bills. We continue from time
to time to draw attention to large arrivals of specie.
Consols opened 962 to 97, and are now quoted 97
to 971 ex div. for the 17th July. Business bas been
upon a moderate scale, and the government broker
invested as usual in the Reduced Threes. The prices
of actual transactions are :—Three per Cent. Con-
sols, for the opening, 97, 961, 971; 'Elmo per Cent.
Reduced, 972,1, 2- New 'Three-and-a-Quarter per
Cents., 982, 2; Long Annuities, 1860, 72, 3-16;
South Sea Old Annuities, 962, 2.
In the unfunded securities an advance of Is. has
been established, and the market looks firm. Ex-
chequer Bills of all sizes have been transacted at 465.,
445. amt 475. prem. Inclia2Bonds, 1,0001., at 335.
prem. ; ditto under 1,0001., at 575.

A The' foreign stock market is firm, though with
only a moderate share of business, and prices are in
several instances marked at an advance, including
Mexican, Portuguese, and Spanish. A meeting
of the Spanish bondholders is convened for
Thursday next at the London Tavern, to take into
consideration the terms proposed by the Minister of
Finance to the Chamber of Deputies for the settle-
ment of the debt. To-day's business list
is as follows :—Chilian Three per Cents., 63.
Dutch Two-and-a-Half per Cents., 60g. Mexican
Bonds, 34•4 ; ditto for account, 16th of July, :111.
Portuguese Four per Cents., 31, 331; ditto for ac-
count, 34. Russian Five per Cents., 1822, 1134' 1.
Spanish Active Five per Cents., 211, 21; ditto for
account, 211 ; ditto Coupons, 81; ditto Three per
Cents., 401.

The following is the course of exchange :
Tints. Pricesnegotlated.
From To
Ametentent pert Short 1111. 151str. ... lift. lOstv.
Ditto
Rotterdam
liarabus sod Alton& „
13nies. Dub!. limes. 71sek.
Yraalfort-ou.the.alsine „ „ 115/11. Okr. ... 11911.
%benne
OP St
Trieste
r. „ " 25tr. 20e. ... 2ar. 250.
Paris .
„, Short 211 r. Sc.. .. -fr. -c.
3 Mor.ths2lfr. 174 e. ... 25fr. 221 e.
Dane „....„ „, „„ 2sft. 20e. ... 25tr. 29se.
Demos
Leghorn
Dseica " por Lag „ 411 pence ... 411 peace
Palermo per mom „ 1231 peers ... 124 penes
klemins
Madrid pc alter :: 49/ penes ... SO penes
Csdts - penes
&dueling , 491 pence ... 49/ pesos
Lisboa pm oillrei : 53i pence .. 531 pence
Oporto
St. Petersburg ..... .. per7able •„
371 pence ... 374 pence

The extreme prices at which business has been
done in railway shares during the account which
will expire to-day are as follows :
Pall. Highest. Lowest.
50 Abenron
50 Cilledutuan l 3
50 Chester and Holyhead llt
20 Eastern Counties -- 6
25 Enid Luna...hire
50 Edinburgh and Glasgow
25 Great Northern
too Weld Went rn
100 Lancashire and Yorkshire SiN .... ..... —....... 30
1111,0111.1011a11,1 Ithckwall
100 London, Brighton, and South Coast 94
100 London and North Western 1244 .. ISO
100 London and smith Western B4
IGO Manchester. eirellieid,&Lincolneldre 27 .......
100 Midland 32
22 North litrineh
_ . .

I7i Nora) Staffordshire 9
50 011ord,W.reepter,81Wolverhamrton 17
13 Bbrewshury and Dinolngham
SO south EAmern
IS York. Newcastle, & Ilenriok 2O. „,18
80 Tort and North Illidland

The following show® the rate of fluctuation per
share and per cent

Per sham. Per cent.
North British l4 21
Caledonians
Blackwell
York and North Midland
Midland
Chester and Holyhead 2 13
Eastern Counties
Aberdeens
Manchester and Sheffield
North Stalfords 1 11
South Eastern
Oxford and Worcester*
Lancashire and Yorkshire
East Lancashire 1 8
York and Newcastle 1 8
Shrewsbury and Birmingham , 7
Edinburgh and Glasgow
Great Northern 4
Great Westerns 3 4
Loudon and North Waster= 1 4
South Westerns
Brighton

The Yorktown, which arrived at Gravesend yes-
terday from New York, brought specie to the amount
of 100,000 dollars in Amsrican silver. The ship-
ments from the United States by steamers and sail-
ing vessels to ilavre and other French ports continue
on a large scale.
The traffic returns for the last week on the under-
mentioned English lines of railway, as made up to
yesterday, are as follows:
18.51. 18.50.
London and North Western £.59,010 .... £47,987
Great Western
Midland
Lancashire and Yorkshire 16,521 .... 16,067
London and South Western 15,9.56 .... 14,032
London and Brighton
South Eastern
York, Newcastle, and Berwick 14,578 14,8./7
York and North Midland
Leeds and Think 1,286 .... 1,114
Manchester, Sheffield, and Lin-
colnshire 6,920 .... 6,093
Exeter and Crediton
Bristol and Exeter
Manchester, Buxton, Matlock,
and Midlands Junction
Shrewsbury and Chester 1,735 .... 1,472
Shrewsbury and Birmingham 700 .... 618
Eastern Counties and Norfolk 17,128 .... 16,480
Manchester, South Junction,

and Altrincham 554 .... 495
Great Northern 11,622 .... 3,381
Bhrophire Union 613 .... 473
Bolton, Blackburn Clitheroc,
and West Yorkshire 930 .... 404
Chester and Holyhead 3,378 .... 3,332

Total £239,664 £202,077
' ' The total' receipts on the corresponding line,
being 234,2181. in 18,51, and 202,0771. in 1850,
the increase is shown to be 32,1411., or 15 per
cent. The number of miles open was in 1851, 3,6221,
and in 1850, 3,3941, showing an increase of 228
miles, or 61 per cent. The average return per mile
per week was in 1851, 641. 13s. Id., and in 1850,
, 591. 10s. 71., showing a decided increase attributable'
to the excursion traffic and improved condition of
the country. The increase in the London and North
Western and Great Western returns is very striking,
but though the difference is doubtless mainly due to
the gradual development of the season and Exhibi-
tion traffic, the progress of which we have from time
to time noticed, yet the augmentation is rendered
more marked by various exceptional influences
Thus the receipts on the former line were, to a cer-
tain extent, swelled by the Newton Races, and those
of the latter by the attractions of the Henley Re-
gatta, both of which events fell earlier in the season
last year, and tended to make the comparison more
unfavourable to the present year a few weeks back.
On the other hand, last year was not without corre-
sponding influences. In the week answering to the
present, the London and North Western return was
improved by the Sutton Park Races, the London and
South Western by the Hampton Races, and the York
and North Midland by the Beverley and Hull Races.