The Express.
London, England, 1851-08-12 00:00:00

MONEY MARKET.

IHIS DAY.

Two o'Ctoca.
The renewal of purchases by the government
broker on account of the Sinking Fuad has afforded
support to the stock market to-day, and with a some-
what restricted business, prices have been steadily
maintained. This is the day fixed for the final set-
tlement of the account in Consols, but the event
excites little movement, the fluctuation having been
so trifling.
Consols remain quoted 96 to for cash, and only
I more for the 11th of September. Reduced Threes
are the stock selected by the government broker, as
a medium of instalment, the figures being 97i. The
official business list is as follows :—Three per Cent.
Consols, 961, 2 ; ditto, for account, 11th September,
991, 1; Three per Cent. Reduced, 97i, I, ;. New
.
per Cents., 99, 984, 99,t. Bank

Stock, 2131.
There is no change whatever in the unfunded
securities. Exchequer Bills continue quoted 465. to
49a. prem., and India Bonds, Ms. to 375. prem.
The settlement in the Consol, railway share, and
&twigs stock markets falling almost simul-
taneously this week, some demand for accommodation
was expected to manifest itself, but the settling in
the various markets appears likely to pass over very
quietly. The rates fur carrying over shares are ex-
pected to be light.
The foreign stock market has been almost deserted
to-day, and prices arc nominally quoted without
change, except for Mexican Bonds. which are decid-
edly heavy, and have declined to 30. In Rus-
sian Fives a few purchases for investment con-
tinue to be made from time to time, and
the price is to-day marked at the improved figure of
1151. The bargains as yet reported are limited to
the following stocks, viz.: Brazilian Old Five per
Cents., 91. Mexican Bonds, for account, 13th Aug.,
30'4, 30. Portuguese Four per Cents., 321. Russian
Five per Cents., 1822, 115;. Sardinian Scrip,
par. Spanish Three per Cents., 38
A meeting of the Spanish bondholders is called fur
Tuesday next, the 19th inst., at the London Tavern,
to take into consideration the law for the settlement
of the debt, as promulgated by the Cortes, with the
sanction of the Queen.
The traffic return of the London and Brighton
Railway for the week ending the 9th instant, was
17,6521. against 13,071/. in the corresponding) week
of 1830, showing an increase of 2,5811. and an average
return of 101.88/. per mile per week, against 88.00/,
last year. The return in both years embraces the
Brighton races, but the difference in favour of the
present season is most marked. The South Eastern
receipts for the same week amount to 20,877/.,
against 16,694!. last year, being au increase of 1,183!.
The average return per mile per week is 79.98/.,
against only 71.311. in 1830.
The account, which will be brought to a liquida-
tion this day, opened on the 17th ult. with
Consols for the 12th inst. at 96; to t,
so that the present price is now almost iden-
tical with that which ruled a month ago. The daily
fluctuations of prices since, as between the highest
and lowest rates, both for money and time, are sub-
joined. 'I he highest money price during the period
embraced in the account being 90Z, and the lowest
96f., the extreme fluctuation is shown to amount to
no more than 3per cent., a circumstance which is
almost unexampled, and which proves the compara-
tive desertion of this market by speculators, who find
a wider scope for their operations in other depart-
ments, especially in the railway share market. The
following is the table referred to :