The Express.
London, England, 1851-02-24 00:00:00

MARKET.
DAY.
Two o'Cr.n,x.
engages attention in the City as
but "the public instructors"
port unsatisfactorvguides. The
contradictory, the Peelite or
organs speak more in the tone of
and the eitymen cling with the
the views given by the
the Daily .Newa. That
at make sonic announce-
the patching up of a en-
Peelites, is fully believed ;
is of the parties have been
siosely ....nvassed,there is a growing disposition
to look with hope to a cabinet in which the practical
men of the liberal party may take office, whether
with Whigs or conservatives. That the Peelites in-
clude in their ranks several men connected by birth,
and, it may be presumed, by sympathies, with
commercial pursuits, is acknowledged, but the
conviction is stronger, from the very catas-
trophe which has brought about the full
of the ministry, that the practical departments of the
government arc of the greatest importance, and that
they should be filled with practical men, whose com-
mercial education began in the counting-house
rather than on the treasury benches.
The integral safety of free trade principles is the
paramount consideration among commercial men ; in
strict compliance with these, a sound financial and
administrative policy would follow, and, in the lull
of party feeling, the best means of ensur-
ing these are anxiously looked to. On the
whip themselves, although whig leaders and adhe-
rents are to be found among expectant peers and
baronets, no reliance is reposed in City circles, which
have relied upon the liberal men of business in the
House of Commons for keeping the ministry in cheek
and protecting the public interests. However
indisposed men engaged in commercial under-
takings may be to take office, yet their ac-
cession is anxiously desired, and more con-
fidence will be felt in them for the cabinet
Into which they may enter than for the Whigs,
Peelites, or Stunleyites who may be joined with
them. With such men in an administration, the
country may be appealed to on principle; with Whig,
Peelite, or Stanleyde combinations, the expense and
turmoil of a general election will alone be incurred
without the balance of parties being affected. The
accession of the Peelites would only constitute a
cabinet with a coterie, instead of with a family com-
pact; the accession of the practical liberals would
give the country what it has been so long deprived
of—a ministry of principles.
tinder the influence of the calmness generally
shown in the present crisis, the stock market has
been firm, and prices arc now called to better
than they closed on Saturday. Consols opened 9&
to 1, have since touched 96 for cash, and are now
quoted 96; to c, both for money and the 11th March.
The prices of business officially reported are :
Three-per-Cent. Consols, 961 , ; ditto, for Ac-
count, 961, 1; Reduced Thee,
L per Cent., 97, 96
New Three-and-a-Quarter per Cent. 98,1, I; India
Stock, 264, 266.

Exchequer Bills seem a shade steadier. All sizes
mark 495., 505., and 475. prem. ; India 80nd5,1,0001.,
555. and 575. prem.
In the foreign stock market there is not much
movement, a moderate business offering. The change
in prices is limited to a slight weakness in Russian,
and an improvement in Mexican Bonds, which have
reached 33t. Austrian Bonds have been dealt in.
The busine.ss list is as follows :—Austrian Five per
Cent. Bonds, 761 ; exchange, 10 florins per X.
Dutch Two-and-a-Half per Cents., 581 ..1 ditto Four
per Cent. Certificates, 91. Grenada Deferred Bonds
34. Mexican Bonds, 331 14. I'cruvian Deferred,
351. Portuguese Five per Cents., Converted 1841,
35% cx div. ; ditto Four per Cents., 34. Russian
Four-and-a-Half per Cents., 974 964. Spanish Five
per Cents. Bonds, div. from May, 1817, 141 ; ditto
I'assive Bonds, 41 ; ditto Three per Cents., 38.
Venezuela Two-and-a-Quarter pereents.,3l; ditto De-
ferred, 111.
The exchanges come higher from Paris, which is
the more satisfactory as the rise is continuous.
We have a small import of bullion from the Penin-
sula to report this week, but the Franklin has taken
300,000 dots. to Havre, which will so far relieve this
market from pressure.
. .

The amount of the precious metals exported from
the port of London during the week ending Thursday
last, we learn from official sources was 314 ounces of
gold dust, and 296,744 ounces of silver, shipped as
tollows : Gold dust : to Havre, 314 oz. Silver coin :
to Belgium, 121,000 oz.; to Rotterdam, 05,000 oz.;
to Hamburg, 9,241 oz. ; to Dunkirk, 50,000 oz.
Silver bars: to China, 8,500 oz.; to Belgium, 43,000
oz. The total value of these exports is about
75,000/. Besides this amount the Thames took out
37,0001. and the Madrid I,OOW.
_ _

It appears from an analysis of the railway traffic
returns of the United Kingdom for the past week
(which were published in the Express of last
Saturday), given by IlerapatlesJournal, that 209,8921.
was received on 6,020 miles, being at the rate of 351.
per mile per week. For the corresponding week of
1850, the receipts were 197,289/. on 5,579 miles, or
at the rate of 351. ss. per mile per week. There is
thus an increase in the amount received of 12,603/.
or 6.38 per cent. ; an increase in the mileage of 441
miles or 7.9 per cent., and a decrease of ss. in the
amount received per mile per week. The Railway
Times states the gross traffic returned since the
Ist of January at 1,:127,6491., which gives an average
of 246/. 15s. Old. per mile. During the correspond-
ing period of last year the returns on 5,603 miles
were 1,337,7571., being equal to 238/. 15s. lld. per
mile. The balance in favour of the present year is
therefore 71. 19s. lid. per mile.
KNOLDiII Yll4l)s.—Toio DAT.
Cant ',toot. 7.191 158 3 per Ct. Coo. Ace, 961
3 goo CL btod. Au... 9GO 7 31 for Cto. 901
3 vor Ct. Coil. Ann... 901 hylltogoot bats, {BL to 50s.
OHNUIL
5 per Ct. Audeon Hood.. 1 per Ct. °mato Mk. 17 18
%per Ct. Bole. bowls, 91 3
31 per Coot.. rireervis loeforre4 3191
5 1,,e, Cl Mex. 331 I
80
tv..,.Nlxlllltal 93 4 :14,..ingsr. irt.Pezoatv
re lids.
ertd 33994
per et. BUM.. Ayr.. 53 5 5 too Ct. Ku.. 1.11...111:131
M (per Cl. ilan 1010., 103 G Sloolth lido. 19 10
141 to ...Nith. het per Ct. Omagh 11do.d g 01
Colunttgatt b4ualor MA, 31 j la. Iroftrrod Ic.ta,
3 nor Ct. Csaith lids, 78 80 lottto P.olva 11da..41
14 per Ct. Duro* iirts. Gil 2 per Ct. Voooluel 14...35
per CL Down Con,. Verwosela a 1111
EXCHANGES AND STOCKS ABROAD.