The Express.
London, England, 1849-01-01 00:00:00

MONEY MARKET.

SATURDAY ETIMINO.
There has been quite a favourable, and rather an
unexpected, turn in affairs to-day in public securities
to the advantage of the speculators for the rise. The
first transactions of the morning done in Consols rea-
lised 881, but the market was soon found to be strong
on purchasers coming forward, and 89 ex-div. was al-
most tee first priny afterwards which had to be paid.
This extreme rate, however, was not long Supported,
and prices fluctuated at 88/ buyers and sellers,
until nearly the close of business, when, as usual,
with a Sunday intervening, buyers anxious to relieve
their books in some degree against the possible con-
tingency of adverse accounts hoot abroad on a blank
business day, checked their Lccounts by maks, which
brought down the quotations to 88/ to / ex dividend
for the opening, at which they left off. Reduced
Threes, 881 to t. Three-and-a-Quarter per Cents.,
89/ to I. Exchequer Billy, 40s. to 434. prem.
India Bonds, 40s. to 435. prem. Bank Stock, 190
to 2.

This was pay day upon the settlement in the fo-
reign market, which passed over with regularity so
tar as known. In other re-pects the market was

quiet, sod business slack. Dutch Two-and-a-Hull per
Cents. were called 49 to 30 ; the FourP, 74 to 5. Bel-
gian, 73 to 5. Hessian, 101 to 3, bought at 103.
Danish, 68 to 9. Mexican, 241 to f. Peruvian
went up to 48 to 50, for causes so tar unknown. New
Granada. 13 to 14. Venezuela, 18 to 20. Barns
Ayres, 23 to 6. Spanish Fives 13! to 141; the
Threes, 27; to 81; Passive, 31 to fe Portuguese,
25 to 8.

The Manchester Courier of this day gives the fol-
lowing encouraging account of the state of trade in
that important district during the week.
In the majority of cams, the latter, whether spinners or
manufacture rs, are under engagements which will see them
pretty nearly through the first month of the new year; and
under such circumstances, there is little inclination, on their
parts, to give w3y in the slightest degree, even did appear-
ances of the future warrant them in la doing. At the early
part of the week the export houses showed much indifference,
but since •hen more inquiry has been made, and the slightest
concession hes been followed by orders for future delivery,
and that, too, at de-taut dates, at ver• elope upon the higher
tete" s generally asked; but the majority of the spinners are
not inclined to give way in the least. In the yarn market it
would appear that a very fair amount of orders is held for
'caution, which are kent beck until it is a-en what course
prices will tithe in the new year, end this is toe case al►„ in
the cloth mark, t, where the rise seems t.. have been too
quick for the limits of the orders sent here to keep pass with.
On the whole the close of the week seems to favour the full
ra es at present demanded by spinners, should even a further
advance not be biked.

The following calculations allow the rate per cent.
per annum yielded by the various securities cited at
the average of the prices which ruled this day. N% here
the aeteliek (•) is placed, it is to be understood that
the rate o' dividend is less the income tax :

Taree per Cent. 0011101., average anion
Three per Cent. Reduced
Tbree.and.a.Querter per Gents.
Bank St,ck (dividend 7 per cent.)
Exciter('Ar bite (int. 21d. per day)
Lancashire and Yorkshire (dividend •
per cent.)
Great Woetern e(div. 7 id.)
Lendun and South Western 4(div. b Id ) 41
Loailidi and Brighton ii(dl..2 331 d.) 3ll
Li stern Counties 4(div. 4 td.)
London and North %Vattern e(div. 7 id ) 125
Midland Nati.. 6 Id.l
York and North Midland e(tUv.Sid.) 64
York, Newcastle, and Berwick e(uiv
B id.)
ENCILIeiL FUNDS.
Bank Stock, 191} Comets for Act., 8819 8: 1
3 tob,t ko.. ADM. tfl i Evehequer Nd
3 per Ct. Coneol, A 11111.., shut Mar.*. 40 3; 2J., June, 42 3.0
Nu. 31 pa Lew- t doe., pm.
India Runde. £l,OOO, 43 1 Ditto. .C.sdo. 21d.. March. 43 pin
Ditto, under J. 3,000, 43 40 Ditto. Small, 2,1., June, 40 ann.
FORRICIR FUNDS.
law Ct. Equador Ronde. 211 6 per Ct. Binders 11da, 1622, £ St.,
tad Cent. Mexican. le 6,241 I 103
Ditto Acct.. Jan. 16. Zit ; a 6 tee CL Ppanleh ISdw, Acct., Jan.
6 per Ceu . Peruvian Ban, Acct., 16,14
Jan. 10, 45 6) 7 pvet I.Y. tipanlen Paalve 114 a., 33
ZILCTIANOPA AN :e Dui lAD.

yieW per etnt.Z3 7 7
90 3 7 7
191 bis sla 1 13
2 3i
R w 3 14 01

7 18 9
7 17 8
7 6 4
4 1 104
13 14 8
5 12 0
6 19 6
7 8 If

7 0 4