The Express.
London, England, 1846-09-17 00:00:00

COMMERCIAL 4 MARKETS.

MONEY MARKET & CITY LNTELLIGENCE.
Quarter to Three cieloth.—The statements at the
Bank meeting had a favourable effect on the Mock, which is
now called 211 to 12 for the opening, ant therefore 1/.
per cent. of stock higher, Consols too improved
fur money at one time, and were done at 96, but
have declined to 951 to 1, for time, 96 to 1. It is understood
that the Hebrew party, who are full of stock, hate been
quietly selling.
The intelligence received late this morning from
Madrid, of the meeting of the Cortes, and the
approval of the Queen's proposed marriage by that body,
caused a slight advance in Spanish bends. The Fives are
now quoted 271 to f ; the Threes, 38 to Z. Portuguese
remain 42 to 4. Mexican, 2.5 to 1. The transactions in
foreign securities continue to be of no consideration.

ENGIIBII FUNDS.—CLOSING PRICF.S.—Titre o'Crecx.
Bank Stuck, 211 12 Ihtto for Amt., 961
3 per Ct. Red. 31 per Cents,
3 per Cent. Consul, 937, G Ezebequa Bills, 10s. to 14..
FOREIGN FUNDS.
5 per Ct. Austrian lids., I per Cent. Grenada lids., 211
41 Per Ct. Belgian ltds., 97 9 Grenada Deferred lid.., 3,1 4
per Cent. ditto, 53 7 5 per Ct. Mexican, 211
S per Ct. Brazilian Ma., 88 90 6 per Cent Peruvian lids.. 37 9
S per Cent. New Itraz.Bels., 87 9 Portuguese Cone. lids, 42 4
6 per Ct. Buenos Area lids., 42 4 S per et. Ituraian 110 12
6 per et. Chilian lids.,lol 3 5 per Ct. Spanish Has., 271
6 per Cent. Wield,. def. 3 per Cent. Spanish lids., 341
Columbian Eeptador lists. 31 4 Spanish Deferred wt.., 17 is
S per Cl. Inrush lids., 84 9ii Spanish Passive lids., 64
21 put Ct. Dutch MD., 591 se 2 per et. Venezuela lids., 42 4
4 per Cent Dutch uts., 941 5 Venezuela Deferred lids., 121 13
BANK OF ENGLAND.—A general court was held
this morning in the Bank parlour, to consider of a dividend.
The meeting was not very fully attended, the tranquil state
of the money market and the good position of the affairs of
the corporation rendering any discussions of importance
unlikely. The Governor took the chair at the usual hour,
nod acquainted the court that this was a meeting to
consider a dividend, pursuant to the charter and the
bye-laws ; and the directors having carefully con-
sidered the Bank's accounts, proposed a dividend at the
rate of 34 per cent. for the half year, out of interest and
profits. The l'roprictora would like to know the state of the
"rest." Last year it stood, on the 3rd of September, at
3,588,887/., an increase on the previous return of 15,3631.
On the 28th of February, 1846, it was 3,689,4301., a
further increase of 1(10,5431. On the 31st of August last,
it was 3,839,7331., an increase of 150,3931. The total
increase on the whole year had been 250,8601. The
directors had great satisfaction in offering so favourable a
statement to the proprietors, and moved the di duration of
the dividend. 111 r. Dewinter considered, as the affairs were
so satisfactory, that the dividend ought to be increased
to 4 per cent., and moved a resolution to that
effect. If this was lost, be should propose that
a bonus of 2 per cent. should be declared immediately.
Posterity would reap the benefit of the improved situation of
the present Bank stockholders, not he. The governor
assured the proprietor that the subject had not been lost
sight of, but that upon the whole the directors considered it
best for the interest of the corporation that the divi-
dend proposed by the court should be agreed to.
A desultory conversation followed, in which several proprie-
tors took part ; the amendment was put and lost, and the
original motion for the dividend carried. Thanks were
returned to the governor, deputy-governor, and directors,
and the meeting was adjourned.