The Express.
London, England, 1851-03-20 00:00:00

RAILWAYS.

THIS DAY.

Two o'Ctocs.
In spite of the efforts which are being made in
some quarters to depress prices, the share market
to-day u decidedly firmer, and all descriptions havo
advanced from yesterday's depression. This, too, is in
the fare of a number of selling operations which have
been continued this morning, though not to the extent
noticed during the last two or three days. Buying
operations have, however, been resumed by parties
who are eager to profit by the semi-panic recently
prevalent, and the tendency of quotations is at present
steadily upward. Lancashire and Yorkshires have
rallied to 62; York and North Mitiands to '271;
South Easterns to 271; Great Westerns to 891;
London and South Westerns to $9.

MONEY MARKET.

THIS DAY.

Two o'Cr,res.
The English stock market is somewhat firmer this
morning, but prices have not shown any signs of a
rally. The business is restricted, though including
another purchase on public account. The offi-
cial list reports actual bargains in Consols
at 961 to for money, and 96 to for the account
of the Inch of .Ipril, and from these prices, which
are also the last rates of yesterday, there has not
been even a fractional variation during the day. The
business in other investments is limited to Long Anna.
expiring in 1660, at 7 9-16 and and Bank Stock,
for account, at 2151. This last stock is very firm, in
consequence of the gatisfactory nature of the pro-
ceedings at the meeting this day (of which a report
will be found in another column), when a dividend
of 4 per cent. for the half-year was declared, leaving
the " rest " 3,012,775!.

A considerable business has been done in Exche-
quer Bills, but the market is somewhat weaker. The
official report is : Exchequer Bills, of all sizes, 535.,
565., 525., 551. prem. India Bonds, 1,000., 61s.
premium.
The foreign stock market is steady, though with
only a limited business. Buenos Ayres Bonds, how-
ever, are worse, the price being marked as low as 54.
4FetWerday afternoon the decline in Mexicans conti-
nued, and the bonds were done as low as 321,
the uncertainty which prevails as to the real position
of the bondholders' affairs at Mexico, and appre-
hensions as to the fate of the indemnity moneyoperating
prejudicially to the value of this stuck. To-day the
price is only a trine steadier, business being marked
last at 331. The official report of the day's transac-
tions is: Buenos Ayres Six per Cent. Bonds., 54,
55. Chilian Three per Cents., 65‘,,. Two-and-a-Half
per Cents.Dutelt, 58 ; ditto Four per Cent. Certs., 011.
Mexican Bonds, 33, k ; ditto for the 28th, 33,t.
Portuguese Four per Cents., 331 ; ditto for account,
341. Spanish Puente Bonds, 5 ; ditto Three per
Cents., 381. Venezuela Two-and-a-Quarter per
Cents., 33.

•
The advance in Spanish stock at Madrid is
taken as no indication of the feeling there
that the ministry are in earnest in prosecuting
a measure for the settlement of the debt, though
as the ministry itself is in a most precarious
condition, the issue cannot by any means be relied
on. The foreign creditors have, moreover, derived
great confidence from the universal assent of the di-
plomatic body to support their cause, but it is to bo
regretted that most exaggerated views are en-
tertained of the nature and extent of this inter-
position. 11 it were to be • exerted effica-
ciously and any communication were to be made
in strong terms, it would undoubtedly, so far from
helping the cause of the bondholders, materially
retard it, for there is nothing so offensive to the
Spanish public as such dictation. The manner in
which the processlings in the Lord Mayor's Court
were received in the most liberal quarters in Spain,
may be accepted as a very good indication of the
national feeling. The representations of the emboli-
seders are therefore likely to be on a very mild scale,
unless they have some malicious design.
The result of the poll for the vacancies in the
Eastern Counties direction was announced to-day,
and resulted in the election of Mr. Waddington, with
Mr. Margruve and Mr. Smythe, being a further con-
demnation of the existing administration. As Mr.
Waddington has been elected on the ground of his
contrition for past offences, and his zealous desire to
promote the interests of the shareholders, it is to bo
hoped that good results will follow. At any rate,
the imbecile administration has received a cheek.

The extraordinary and mild winter has produced
the same effects upon the clothing trade in /ranee as
here, the winter stock 6 on hand, and the spring
trade embarrassed. In most parts of Europe, except
Spain and Italy, where the winter has been severe,
fears are expressed that the mild winter does not pre-
sage a favourable harvest.
amoilso serum.—T■u DAT.
It.ak Rtodt. &hut I 3 per et. Coo. AU.. 961
3 pen et. Rol. one.. Aut try' CIA. shut
rIA/ Ct. Clun. Arum. !nit I tinthoquee $51..152. to tie.