The Express.
London, England, 1851-11-04 00:00:00

MONEY MARKET.

Tills DAY.

Two o'CLocx.

The English stock market exhibit;
im-
proved appearance to-day, and though the transac-
tions have bpiip noways remarkable, either
for number or, mount, a good deal more confi-
dence is manifested by the dealers, which has
been further stimulated by the news of a decided
rise on the Paris Bourse, and the intelligence of a
much improved position of affairs in the money mar-
kets of the United States. The purchases of the
government broker, which were this morning re-
sumed, both inConsols and the Reduced Threes, have
also combined to give an upward tone to prices, and
the present quotations of the market show a rise of
to I per cent. •
Consols opened 971 to being higher than
yesterday; and though no business has as yet
been done at a higher figure than 971, the quo-
tation for time bargains is now called 974 to 98.
The following are the day's business figues as
officially stated :—Three per Cent. Consols, 971, 1 ;
ditto for account, 97Z, ; Three per Cent. Reduced,
97, Cents., ; New Three-and-a-Quarter per 9B, ;
Long Annuities, 1860, 7, 6 15-16 ; ditto 30 years,
1860, 71; Bank Stock, 214.
Sales-of Exchequer Bills continue to eller, after
the late advance, and prices have again been isq a
shilling lower, the range of to-day's -business having
been 51s. to Ms. prem. for all classes of bills. India
Bonds remain quoted 575. to Ms. prem., but also
exhibit a downward tendency.
There is scarcely anything doing in the foreign
securities, Mexican, and Venezuelan being almost the
only descriptions to which attention is directed, though
the hostilities in which Brazil is now involved have
led to a few operations in the bonds of that empire.
The fending for a rise in Venezuelan conti-
nues very strong, and purchases have to-day
been made as high as 37. Mexican, on the other
hand, have experienctsl a further fall of per cent.,
the desperate financial condition of the country, re-
ports of the government having a design upon the sum
'of 700,000 dole. out of the American indemnity,
the extension of the rebellion in the north, and the
further intelligence of the movement of the Califor-
nian floating population upon the state of Sonora,
nominally with a view to obtaining permission
for working the mines, being all considerations
calculated to destroy what little confidence
has lingered in the minds of the dealers as to the
position of the Republic, and the good faith of her
rulers. The following arc the prices of sales
reported up to the present hour :—Brazilian New
Five per Cents., 1829 and '39, 854, 864, Danish
Three per Cents., 1825, 774, 77 ; ditto Five per
Cents., 101 Dutch Two-and-a-Half per Cents., 58 ;
ditto Four per Cent. Certificates, 891. Mexican
Bonds, for account, 14th November, 253, 4. Portu-
guese Five per Cents. Converted, 1841, 344. Vene-
zuela Two-and-u-Quatter per Cents., 36, 37 ; ditto
Deferred, 121, 4.
A meeting of the Venezuelan bondholders has been
convened by the emninittee, fur the purpose of sub-
mitting to them the agreement entered into with
the Venezuelan government for the capitalisation of
the arrears of interest, and also of laying before them
a report of the whole of the proceedings that have
taken place with reference to the debt.
We received to-day from Madrid the I ferahlo, with
an account of Mr. Capers lust meeting, and some
strong and able comments on the claims of the
coupon holders. The //croldii says :—" What reason
was there for reducing by one-half the capitol of the
coupons? In considering public securities, capitals
are transferable, but not reclaimable ; whilst
the • coupons, representing the interest, stand
in the position of a bill drawn and ac-
cepted, and its payment may be required by legal
process." Of the Bravo Murillo law generally the
editor observes—" Instead of taking justice for his
principle, he proceeded in an arbitrary mintier,
favouring some creditors and injuring others, with-
out the slightest appearance of equity.' lu Madrid
parties have been prepared by Mr. Oliviern for the
formation of a new committee, and the commence-
ment of a new agitation, and as many Spaniards
begin to find the way in which they have been
cajoled, and the national honour compromised, there
is some prospect of a successful issue to persevering
endeavours. If the new committee succeed in vindicat-
ing the integrity of the principal of their claims, they
will render u great service to bondholders generally.
The Buenos Ayrean sub-committee have not yet
had a reply from Rosati to the strong memorial ad-
dressed to bins on the claims of the Buenos Ayreau
bondholders.

In the monthl miscellaneous sale at Amsterdam.
Certificates of Hopes Russian Six per Cents. sold
at 611; New Three-and-a-Half Per Cent. Metallic
Bonds at 47; Goll's Two-and-a-Half Per Cent. Vien-
na Certificates, 421; and Seven Poyais Bonds for Iris.
the lot.
The returns of the Bank of Sardinia for the week
ending the 22nd ult., show the following results :
Specie
Diacounr-

1,114,980 increase 30:1113
eircul ition
Private deposits 511,780 Decrease 45,240
Public deposits
The exports of the precious metals from the port
of London continue unimportant. For the week
ending Thursday last the exports of silver coin were,
to Rotterdam, 3,000 oz. ; to Belgium, 2,000 oz. ;
to Boulogne, 1,200 oz. Of silver bars: to 'totter-
data, 19,000 oz.-' to Belgium, 24,000 oz. Of gold
coin : to Havre, 109 oz. Of gold bars : to Boulogne,
30 oz. This gives a total of 49,200 ounces of silver,
and 139 ounces of gold, of the aggregate value of
about 12,8301.

The installation of the councils of prud'hommes
just elected at Paris took place last week. These
institutions are fur deciding disputes occurring in
each trade among the members. The Prefect of the
Seine congratulated the members that by the public
confidence they had been entrusted with the decision
of a greater number of causes, the number being:
1848
1819
1850
He further congratulated them that of 100 causes,
95 had been settled by the arbitration of the councils.
The members of these councils are taken in part from
masters, and in part from journeymen, and the
French legislators consider that the members of a
trade understand best how to decide the technical
disputes arising among them.
The imports of the Netherlands colony of Surinam
in the last year were 231,0001. (Netherlands, 10K,000/.;
United States, 24,0001.), being an increase of 16,000/.
over the previous year.
The subjoined calculations show the rate per cent.
per annum yielded by the various securities cited at
the average of the price 3 which ruled yesterday.
Where the asterisk (•) is prefixed it is to be under-
stood that the share rate of interest is less the in-
come tax. It will be seen that in every case we take
the rate of interest lust declared as the basis of our
calculation. To render the calculation strictly accu-
rate, the proportion of interest which may have
accrued since last dividend period should, ut each
case, be taken into account:

Three per Cent. Console wee 971 field per cent. l 3 1 44
Three per Ceat. Reduced
..
New Ttermand.a.tienater per Cents
Sisk Sleek (die. at the rate of 71 per
mesa per aaana)
Lib Sleet WT. 104 per met. per an ) 2621 99. 4 0 0
lisehafeselMe(int. ltd. per day) 33s. pa „ 2 4 ti
Isi Them Armee. 111. pald (eterer-
Weddle. I per aist.prr annum) 2l 4 3 6)
/8
Greet Weetare Stillala (die. at the
Mt of 4 pis eat per annum) 6l II 4 19 9
tareeldr• end Inelohlr• £l6O

5ti1i.:4114.71104 rl Tirper con--
R oas.l 34 IS 3 14 Of
Cody rod &nth Mamma NOOk

—.-
(dividend at tke—rate ot h percent
per aattunt;.
Loa.tot sad North iYaatara• Stock

(die. et the nie--eof if per-eeet. per-
wet )
Ilidleed. Stock (dlr. et the retest 2* per
test. per een4
loath kasteen• No* (dm. on the
whole free et the rate of 3 per wet.
per ann.) lBl .1 4 17 3f
To.t.h. Newasethh wed per with kook*

athe rate et 3 per mit. per
Idlest