The Express.
London, England, 1853-01-22 00:00:00

MONEY MARKET.

FILIDAT EVSNINO.
The stock markets to-day slightly rallied from yes-
terday's depression, the "bears," of whom there were
many, continuing to buy back, so that the renewal of
sales of stock by the Bank of England had no effect.
The intelligence from the Paris bourse was also
considered to read more satisfactorily. The effect
of the late Bank movement cannot yet be fully
seen, but many parties hope, that owing to the
general healthiness of trade, and the favour-
able position of our money market, the result will
not be so injurious as had been antici-
pated. In the great discount houses no altera-
tion appears to have been created by the step, as
they are waiting to see its more immediate effects.
On the whole, however, money seems to have been
obtainable to-day at rather easier rates. Loans on
railway and other stock, nevertheless, will, it is pro-
bable, not be obtained on such easy terms in future.
In some cases to-day the interest on loans on secu-
rity of railway property was raised from 4 to 5 per
cent.

The transactions in Console to-day ranged between
99 and 99:, the operators for a fall realising their
profits by buying back, and the government broker
making his usual pucebase. The closing price was
991 to 1 for money, and 991 to Z for the account of
the 10th February. The official report embraces:—
Three per Cent. Consols, for money, 99k, 99, i, 1,
it :o, for account, 991, 1, !, 1, :. Three per Cent,
r'educed, 991, 100, 99„. Three-and-a-Quarter per
Cents., 103, k. Long Annuities, 16.60, 6 7-16. India
Stock, 273. Bank Stock, 225, 226 k.
Following the Bank utOveMent We have a f:rther
fall in Exchequer Bills. This decline is e ,nily ea.
plained, as the ratio of difference betwe...ta fai rate
of interest realised by money Invested in these 10-,

I curities and that obtainable in the open market iv
proportionately increased. Sales were made at 58s.
and 575. prem., and the closing price was widely
quoted 575. to 635. prem.
Foreign stocks were rather firmer, especially in
the afternoon, but business is inactive. Turkish Scrip
has fallen tot dis., upon the confirmation of a report
for some time current that the money destined for the
re-imbursement of the first instalment has been applied
to meeting the pressing liabilities of the Bank of
Constantinople, and that the Ottoman Porte must
make further arrangements for paying off the parties
whose claims it has so unjustly ignored. Sales are
marked as follows :—Brazilian Old Five per Cents.,
1011, 4 ; ditto Small, 102 ; ditto Four-aod.a-Half
per Cents., 18.52, 981, 98; ditto Five per Cents.,
1829 and 18:39, 102. Danish Five per Cents., 108,
107. Dutch Two-and-a-Half per Cents., 651 ; ditto
Four per Cent. Certificates, 961, 97; ditto Four per
Cent. Bonds, 951, Granada Deferred, na,
Mexican Three per Cents., 23. Peruvian Deferred
Three per Cents., 621. Russian Five per Cents., 119.
Sardinian Five per Cents., 92, 93. Spanish Old
Three per Cents., for account, 28th January, 461,
4, 4 ; ditto New Deferred Three per Cents., 221, I;
the Committee's Certif., 5 per cent. Swedish Mort-
gage Loan,
Scrip, Idis.
Notice was issued to-day of the intention of her
Majesty's government to raise 40,0081. is hoods,
bearing 4 per cent. interest, on account of a gua-
ranteed loan for Jamaica, 80,0001. for British Guiana,
60,0001. for Trinidad, and 3,000/. for St. Lucia.
Tenders for these loans are to be sent in to the trea-
sury separately endorsed, and will be opened on the
3rd February, when the highest bidder will receive
the adjudication. These loans are guaranteed by the
act of parliament which authorises their being raised
in certain amounts for the use of our West India
islands and other colonial possessions.
The first series of colonial wool sales for this year
is fixed to commence on the 10th February.
The James L. Bogert has taken out 60,0001. in
coin for Port Philip. The Pectura and Maitland
have each taken out 25,0001. for Sydney.
Messrs. Baring Brothers have issued notice of the
eancelment of 63 Chilian Three per Cent. Bonds, of
1001. each, the redemption of which was announced
on the 15th September last.
Subjoined is a communication from another Mexi-
can bondholder: