The Express.
London, England, 1849-01-20 00:00:00

MONEY MARKET.

FILIDAT EVNlflllO.‘

The market Ire been quiet but steady, with Consols
rather better atthecloss of businessthan on an average
of the day. Consols left off, 891 for money, and for
amount, 891 to 90. Reduced Threes, 891 to 90.
Three-and-a-Quarter per Cents., 901 to 4. Loos An-
nuities, 84 to 13-16. Exchequer Bill., 425. to 455.
prem. India Bonds, 435. to 465. prem. Bank Stook,
1881 to 1901.
Foreign stocks have been without demand, and the
transactions coasequently extremely limited. Priam
were without material alteration. Spanish Fives were
151 to 16; the Threes, 281 to 9 ; Passive, 31 to 4.
Portuguese, 26 to 7. Dutch Two-and-a-Half per
Cents., 49 to 50 ; the Fours, 77 to 8 Belgian,
77 to 9. Russian, 102 to 4. Chilian, 90 to &
Brazilian, 76 to 8. Mexican, 261 to 7. Peruvian,
48 to 60. Venezuela, 19 to 21. New Granada,
16 to 4.
The Bank of England averages for the week ending
the 13th instant, give, u compared with those of the
week preceding, the following results :
Cieudilisa bias £141911,230
01868186146 •66•14... 16,273,613
te1a5aredY..»......»3,968,284 Damn 4,414,741
0ther»..»...... 11,654,171 Immo 12,030,414
bill=Dsproustelsuriths 113,611,954
Other eWm. 10,694,760
Oda Nod 1121104 ..- 14,943,569
lisvia_ormastlet 41128 1,063,872
1188 Mat 3,434,161
The notes in reserve at 9,924,4354 were lob than
the week before by 1,060,6151.
The special points of these returns arias out of the
payment of the dividends. Thus the active circulation
was so much increased, whilst the notes in reserve
were almost correspondingly diminished in amount
by dividends carried away. Nearly 44 millions had
been paid out of public deposits for dividends at the
date of these returns, of which the somewhat extra-
ordinary proportion of about 3 millions was carried,
or replaced, as would seem, to account in the Bank,
under the head of "other" or private deposits. Add
the increase of active circulation for the portion of
dividends actually withdrawn by the receivers for use,
, or to meet current requirements, to the amount so re-
' *lived and returned to the Bank, as private deposits,
and it will be wen that the total sum of the dividends
paid out is accounted far short of something less than
400,0001.
The decrease of more than 200,0001. under the
head of " other " securities, representing bills dis-
counted and loaned upon, with so trivial an augmen-
Won of government securities in the banking de-
partment, in far from a prosperous exhibition of pro-
pel, in that important branch of banking business,
and is calculated rather to lend colour to the still cur-
rent report in banking circles of an intention at the
Bank, growing out of the apparent necessity of the
case, to make shortly an alteration in the minimum
rate of interest, in the way of reduction to a lower
figure, in order to compete upon more equal terms in
the general discount market with bankers and dis-
count houses.
The large accession of other deposits will account
more than sufficiently for the improvement in stock
values during the present week, the week following
of course the date to which these returns are made
up and published. It is evident that a mass of capi-
tal remains still concentrated in the Bank waiting
favourable opportunities for re-investment in some
shape or other, and the decisions of the owners in that

respect.
The variations in foreign exchange were not of
consideration. On Hamburg the rates were lower ;1
on Antwerp higher. The negotiations were, on Am-
stardom, 12.24 tot ; on Rotterdam, 12.21; on Ant.
weep, 25.65 to 70; on Hamburg, 13.111 to 1; on
Frankfort, 121 f ; on Paris, 25.55 to 60—(at short,
25.30 to 35); on Vienna, 11.28 to 30 ; on Leghorn,
32 to 32.5 ; on Naples, 391 to 40 ; on Madrid, 474 ;
on Lisbon, 511—all at three months, except as
otherwise e
BANK OF ENTLILITI—Acoonre for the Week ending Jan. 13, WAD.

Nike Weed 510.196:250 527e7nlent Debt..... AVIAN°
Other Soeurtties 2.004,000
Oold Coin and Bullion 13,096,172
Silver Bullion ..... 602,0/2
1118.198,250 SAM.=

...._ . ._
'mimic; parkins's?.
E. . . Capital —.Z14,663.000 Government Beauitlai
3,468,10 daclud. Dead Weight
villa Anima,/ • - ....... .. 4.1021,954
Otber Securities ...... 10.624.760
Notes ........ ..... ... 9,146.435
Debt. sod Div. amts.) 3.901484 OM sad Sliver Cela .. 740.339
Otair Depeft
.... . ... 11,654371
fisnostkyandouiarßills 1,0442

Jac. 18.1 04,916,488
6.11.
I.III7LISE
Hook Stock, 130 90111§10
It)
3 per Allam. 10 899 90
330 r Ot. Om& 83N0.,109 1191
Kim St per Ofi. IR
Law Asoullift esp.arm. Jim., 5,1890,
pi 1114
Ditto 39 Tem alp. JaaL O. 1160.
d 9-16
In a Bonds, £l,OOO, 46

k. MARSHALL. Ohio! Wohlii.--"
FUND&
India Boa& under £1,000.40
South Bea Stock. all
Om. for Acct.. 00 eat 90 89j
Rachaioro an.Ovu, sd.
M 4432.
2d., June, 4343
Ditto, td., March, 43 2
2&L, Joao. 43
Ditto Small. na., March, 43 2
3d., Jorte.,43

TORSION

5 per Ct. 11nall4a Bla.-11-OR7
Jac. 31, 78
5 Qar Cent Ilexlama Acct., Jan. 31,
6 per et Pointe& , 491
1 per et Porluireete_l34l..

; jie; Girrortninceo Acct, 271
6 par
It 31 t. Spankh Ma., Acct., Jan.
3 pea Ct. Spanish Hoods, 284 9
4 per Ct. Dutch Certificate., Acct.,
Jan. 31, 774
Iwo per Ceuta, lOot. St. Schmid.-
791 79.—Foruign Fachangea : On
; two months, 1501 ; PM*

:4-, Jaw. 16. Prtratan
Bed Son. Throe-sada-Ha Per Colt
Lon 6.21; Hamburg.
811. 81/.