The Express.
London, England, 1848-03-07 00:00:00

MONEY MARKET.
MOM-OLT Evelio:a.
The disoopraging events which have acted on the
funds to-day, without, however, depressing prices,
however they might interrupt the current of further
improvement, were not of Paris, but of other conti-
nental origin. The reports of constitutional move-
ments in various of the lesser German states, and of
increasing excitement in parts of Italy, served rather
to foment some uneasy apprehensions about the
chances of war in continental Europe. On the other
hand, the prompt intimation of the present French
government, that, not only were they in funds suffi-
cient to cover all the current expenditure of the
state, but to meet the payment of the di-
vidends accruing this month on three heavy
classes of stock, say the Fives, the Four-and-a-Half
per Cents., and the Four per Cents., assisted consider-
ably in maintaining oonfidence in the stability of the
market. At a moment when distrust was naturally
prevalent, under the circumstances of such an extra-
ordinary revolution, among a numerous class of state
annuitants, or stockholders, in France, the Provisional
Government acted wisely, moreover, in removing
with all promptitude all eause of uneasiness on the
more of national faith and the rights of property,
by the official notice that the date of payment would
be anticipated, and the dividends paid in advance by
about a fortnight. Console varied but inconsiderably
during the hours of business to-day, and the trans-
actions indeed were not of much importance. They
opened at 824 to and left off at the regular
hour exactly the same, both for money and account.
They had been 4 both higher and lower. After the
regular closing hour, however, some active dealings
were reported, which carried the quotations to 824
to 3. Reduced Threes at the close were 824 to ;
Three-and-a-Quarter per Cents. shut, but done at
83 and 834. Exchequer Bills, 255. to 29a. premium.
India Bonds, par to ss. premium. Long Annuities,
8 13-16 to 4. Bank Stock, 192 to 4.
Foreign stocks showed partial signs of recovery,
with more business, but prices still extremely de-
pressed. Spanish Fives were 134 to 4; the Threes,
244 to t ; Passive, 34 to t. Portuguese, 17 to 18.
Dutch I'wo-and-a-Half per Cents., 44 to 5; the Fours,
73 to 5. Prussian, 97 to 100. Brazilian, 77 to 9.
Mexican, 14t to 154. Equador, 24 to t. Belgian,
65 to 70.
The advicea from Amsterdam to the 2nd report
very extensive disasters there among the stock dealers
and speculators. No less than ten are reported as
defaulters, whose names it is not necessary to cite,
one of them for about a million of florins, say above
R 3,000/. ; but it was believed that with some allow-
ance of grace he would pay in full. The rates at
which it was ruled accounts were to be made up, or
as said, rates of " compensation" adjusted, were—for
the Two-and-a-Half per Cents., at 50 ; the Three per
Cents., at 60 ; the Four per Cents., at 79. Belgian
Four-and-a-Half per Cents., at 80; the Two-and-a-
Half per Cents., at 45. Spanish Ardoin's, at 14 ; Pas-
sives, at 4; Deferred, at 10. Brazilian, 83. Danish,l
80. Russian, 101. The rate of interest for loans and
continuations was fixed at 5 per 'cent. Business was
suspended till the 3rd, when further deliberations
would take place. The liquidation remained fixed for the
13th inst. Although the dates from Amsterdam are
brought down to the tedi they add nothing to the
foregoing intelligence.
From Hamburg private letters to the 4th instant
announce a revolution in pelt°. The mob, or the
people, congregated in a mass and demanded a re-
form, the particular objects of which are not stated,
but, as may be supposed, refer to the existence of
certain exclusive class rights and privileges by which
the lower orders of citizens were aggrieved. The
Senate had the sagacity and moderation to agree at
once to the demand, and so the tumult was appeased.
Commercial affairs were dull, and money orders sent
out to Havana for sugars had been countermanded.
Some extensive transactions in lead are reported,
supposed to be for account of the Prussian govern-
ment. Exchange on England ruled nominally as
before, but with few takers and no sellers of bills.
Money was otherwise easy at former rates.
From Hamburg it is also reported that, at a meeting
of delegates of the Danish German province' of Hol-
stein and Schleswig, it was resolved not to accept or
be ruled by the new constitution for Denmark, liberal
it might be, but by their own ancient laws and
privileges. And further, that the sovereignty of the
German provinces belonged only to the male line of the
actual Danish dynasty. The union with Denmark
was otherwise disavowed, the two duchies claiming
I to be absolutely independent states.
Papers from Valparaiso, rid Panama, to the 29th ef
December, state that a remittance of 94,000 dollars
bad been made to Messrs. Baring Brothers for account
of the dividend, and in part liquidation, of the Chili
debt in this country.
The Neighbour, an English paper recently esta-
blished in that seaport, states that the firm of Messrs.
Alison, Cumberlege, and Co., was taking steps for
making an " assignment for the benefit of creditors,'
owing to the embarrassments thrown upon it by other
branches."
From the United States, by the Cambridge, few
private letters have been received. Merchants re-
serve their correspondence for the mail steamers ge-
nerally, and except to consignees and shippers few
letters come by the sailing packets now.
ascii-mu FUNDS,

Bonk Stock. 194
3 per et Itodueed Ann.. 82) f
3 per et Conn Anno., tiii
New 34 per Ct. Anna., 43 3 'hut
Long Annultlee, gap. Jan. 5.1690.
8 11-16 13.16
India Stock. abut
TOREION
tper Ct. Brazilian Bonds, 19 7
itto, Small, 77 9
If per et- Equedor Bda.. 21
6per Cc
Acete,ldercbkan 116:11444i4
6 ore etie P2e6rurtan Bda., Met..
4 Ilorntgueer Bd.' Anti
371%
6 per Ct. Rued= Bdr.. 1822. g St.
971 6 7

Tarim Bonds, 1,0001., 5 pm.
South dm Stoek, 614
Consols for Amt.. 024 i
ZS
Exam. MM. 411,000. 34., 9
Ditto, 41500. 25 9
Ditto. Small, 30 26 630 pm.
FUNDS.
6 Ir. Cti rsghi loads, Dlv. from
Ditto77seet.,.Maret 16, 139 13
Ditto, Coupon., 9
Ditto, Passive Bonds. 39
3 4...F,L1.6.mr4 Bd.. A—.
49 pet Ct. er M.. 65
29 mr Ct. Dutch Facia, 12 gad.,
44 5
4 per Ct.. ditto Certificates. 729 44

Hombres. MATCH. 3.—Rundan.Engllah Loan. 98 btU;
Ihth Loan, Three per Cents., ro MU. Exchanges on London : Ham-
burg. March 3. 13.11 L two monde% 13.82 ; Peter-burg, Feb. 22, three
months. 374 11Wt Feb. 26, three roontlw, 38 ; itockbolgo. Feb. 25. 82
days, 12.8. Lelpdc,. March 1, three mond., CU

RAILWAY NEWS.
The share-market was firm yesterday, with a fair
business, and, towards the alose of the nay, with prices
rather in advance.
MEETINGS.—COLCHESTER AND STOUR VALLEY.—
ila/j-grorty .Ifeeririg.—Colchester, Feb. fig.—The directors' report
stated that the °erudition of the money market had induced them to
male the 00s as light as psedble,and to carry on their operations under
a somewhat limited expenditure. Notwithstanding this, however,
the works upon the line between Marks Tey and dudbury have mate-
rially progressed. The directors contemplate malting only two calls
in the course of the present }gar, viz., one of Si. per share in the
month of Jane, and another of 21. in the month of October, which
they believe will enable them to secure the opening of in. line to Bed.
b early in November next. They h.rye endeavoured Isr en-
sururye the utmost economy inn al branches of the expenditure; ark in
furtherance of this object, they hare determined that the sum sheeted
to them, fixed at 700/. per annum should IN reduced to 4001. The
confirmation of the agreement for leasing the line under the powered
the act of last session was put off iu consequence of the postponement
of the amalgamation of the Eastern Union and Ipswich and Bury St.
Edmunds Railway Companies. The balance-sheet to December 31,
1807, ',bowed the receipts to be 87,6961. 17s. M., the expenditure
19,2161. lirs. id. leasing abalance in band of 8,4091. 18.- Id. The re-
port :Jut its recommendations were adopted.
Du BLI2I AND DROOKIDA. —Ha Ifyearly Meeting.—
Dublin, Match 2.—Mr. O. Hoyle in the chair.—From the directors'
report it appeared that the traffic on the line, and the &anon of the
company had suffered from the m assure of the times. The contract with
the General Post-office for the conveyance of her Mejestv's mails
expired in September last, and the amount of remuneration was
referred to arbitration. The cost of repairing the engines and car-
riages, and of maintaining the permanent way, were all heavy during
the last half-year. In these item the directors anticipate a reduction
for the future. A very alight addition to the staff would be sufficient
were the traffic on the line double, as the &rectors anticipate wdl be
the case on the opening of the tributaries. The works on the Mama
brunch are pmgreesing in a satisfactory manner, and a portioned
Ye
line will soon be ready for laying the permanent way. In IMMO.
of the money market during the last year the directors have ant
thought it advisable to commence the extension to hells, and have Is
consequence applied to the commlesioners of railways for an extension
of time. The net profit to the credit of the revenue account for the
last half-year is 6,6771. 55., and this sum, under ordinary dream-
stances, would be applicable to dividend; but the directors think is
would not be prudent, under the sircumstances of the country, M
divide the profits of the last half-year. They recommend this MI,
hearance on the part of the proprietors, being persuaded tlmt
the ultimate prosperity of the company will thereby be secured.
After some &Amnion, the Chairman moved the adtles et the re-
port; on which Mr. Macanney attacked the general mmenenelett of
the comny, and avid the law empowered shareholders to mist lee
persons, whose qualifications consisted of ten shares, with foll pear
and authority to inspect all accounts and documents connee el
the company, and report on a future day. He would avail biummilif
that act, and propose that a committee of five be appointed. The
amendment was opposed u vote of maitre on the board, and, ea
being pet to the vote, a large majority appeared in its favour. A bat-
lot was, however, demanded on the part of the directors; but,
although the majority of the proprietors present voted fur the amend-
met, it was lost by a majority of 1,207 to 310, in consequence of a
large number of shareholders voting by proxy.—The Chairman neat
put the original motion tor the adoption of the report, and declared it
to be carried, amidst much confueion and disapprohation.—Mr. Evans
next moved that a committee of eight gentlemen be appointed to con-
fer with the directors upon tire present position and tutu prospects
of the company.—The minority of the shareholders ped against
the appointment of this mmmfttee, sad after a Imithmed dirceenion,
Mr. Evans withdrew his mad" with the Wend= of teddinif it fgt.
ward at an adjourned meeting to be held the following day.
NEWBY AND ENNISICILLEN.—HoIfIygarIy Meeting.—
Newry, Feb. 29.—Lord Newry in the chair.—The report stated that
by the amended act of last mon it had been provided that alter the
sum of 201. per share ot the capital of the company shall have been