The Express.
London, England, 1851-09-15 00:00:00

!slidland, 43! to *; Newry and Enniskillen, ; North
British,; North Staffordshire, 71; South Eastern, 1;
York, Newcastle, and Berwick, 171; York and North Mid-
land, 171.
FOREIGN SHARES.
Northern of France, Ili.

MONEY MARKET.

lIIIS DAY.

T c o'CLoein

The English stork market has worn a decidedly
heavy appearance to-day, and the downward tendency
has been imparted, in sympathy, to the other
departments of the Stock Exchange. A good deal of
flatness was perceptible at the close of business on
Saturday, the quotation of Consols leaving of 931
for cash, and 96 for the account. To-duythe disturbed
aspect of mercantile affairs at home, which induces
a wish to be prepared for any contingency, and the
disquieting tenour of the French accounts, combined
with the continued downward movement of the funds
at Paris, have led to further sales, which have
been effected as low as for cash and
931 for time. Some encouragement seems at
length to have been given to speculative opera
Rona for a fall, of which the habituAs of the
Stock Exchange have for some time past been
very shy. The present quotations of Consols
is 93 to 1 for cash, and 951 to I for the 11th October.
The official list of the day's business embraces the
following only: Three per Cent. Consols, 931, 1 ;
ditto for account, 951 ; Annuities of 30 years,
1860, 7,1.
Sales of Exchequer Bills are offering, and the mar-
ket is weaker, the quotation having receded Is., to
445. to 475. prem. India Bonds, 1,0001., mark 48s.
prem. ; ditto smaller sizes, .525. prem.
Foreign storks arc dull, and evince a general ten-
dency towards lower prices ; most of the bargains ef-
fected to-day, many of which are in connection with
the settlement of tho fortnight's account, being
at rather lower rates. The want of confi-
dence felt by the dealers in Mexican Bonds
continues to be evidenced by the decline in price;
2st is the last figure marked, being the lowest for
many months. Peruvian, Sardinian, and Spanish are
also flat. unfavourable position of the Spanish
revenue returns is regarded with much anxiety, as
the government is unscrupulous enough to seize upon
any pretence, however ill-founded, to shirk the ful-
filment even of the most solemn obligations, as past
experience has but too well proved; and should
the Cuban war result in an increase in
the deficit already apparent in the resources
of the state, her foreign creditors it is to be
feared will stand in a still more unfavourable posi-
tion. Business is marked to-day as follows : Brazi-
lian New Bonds, 1829 and 1839, 89; Danish Five
per Cent. Bonds, 1011 cx div.; Mexican Bonds,
261, ; ditto for account, 261 ; Peruvian Bonds, Five
per Cents., 90; ditto Deferred, 421. Russian Bonds,
Five per Cents., 1111; ditto Four-and-a-Half per
Cents.. 101 Sardinian Scrip, 3 dis. Spanish Ac-
tives Five per Cents., 20,1; ditto for account, Sept.
30, 20; Spanish 'three per Cent. Bonds, 361.

SATUILDAT EVENING.

Rumours which have been in circulation for some
days, relative to further commercial difficulties, have
to-'clay, we regret to say, been confirmed by the fail-
ure of a house in the corn trade, whose liabili-
ties are estimated at 60,0040., a circumstance which
exercised a decidedly unfavourable influence upon
prices, as it became known just previous to the close
of the market. _ _

A protectionist experience is recorded in some late
advices from Spain. The newspaper proprietors
there are about to apply to government for a repeal of
the duties on foreign printing papers. They say that
for the lust eight years these duties have b;:en practi-
cally proh:bitive, and yet that no progress has been
made by the Spanish papermakers. The paper is as
bad as ever, and so detective that many classes of
work carried on by the English and French printers
cannot be executed in Spain. The Spaniards there-
fore call for protection as against the paperruakers in
the shape of wholesome competition.
The discount market is low as to terms, but not
easy. The rate for good bills may be called 3 per
cent., but much care is shown in the selection of bills.
The late events in Mincing-lane, while they have
inspired caution to the banking interests, have
directed attention to the condition of individuals, and
though there is every disposition to lighten cases of
embarrassment, yet uneasiness is naturally felt. For
some time past in many trades small failures have
taken place, principally by old practitioners, and
which turn out very bad. Most parties who have
speculated in any article have likewise been losers,
and as speculation has not been general the losses
have fallen upon the brokers without any conside-
rable set-off. The only market which can be consi-
dered to have been a focus of speculation this year is
the mining market, in which persons from all parts
of the country have embarked.
On English stocks and Exchequer Bills money is
easy. How rates will be on shares and stocks, Mon-
day will best determine.
During the week the proposals for the Austrian
loan have been published, but excite little interest
here. Attention is attracted to the circumstance that
English capitalists are engaging in railway enter-
prise in Norway, Egypt, and Spain but there is only
likely to be a demand for capital in the latter
country.
Foreign rates of discount may be quoted as fol-
lows: Adelaide, 20 to 32 per cent.; Amsterdam, 2
per cent.; Antwerp, 2 to 3 per cent.; Bourbon,6 per
cent.; Bordeaux, 4 per cent.; Brussels, 4 per cent.;
Calcutta, 6 to 10 per cent.; Ceylon, 9 to 10 per cent.;
Copenhagen, 3 per cent.; Frankfort, 2 per cent.;
Hamburg, 1 per cent.;_ Havre, 4 per cent.; Havan-
nah, 8 to 9 per cent.; Leghorn, 4; to 41 per cent.;
Madrid, 8 per cent.; Marseilles, 4 per cent.; Ncw
York, 10 to 12 per cent.; Paris, 3 to 3; per cent.;
Pernambuco, 11, to 1; per cent. per month ;
Peru, 24 per cent.; Philadelphia, 10 to 12 per cent.;
Rotterdam, 21 per cent. ; Rio Janeiro, 6 per
cent. ' • Trieste, 5; to 51 per cent. ; San Fran
cisco, 3 to 8 per cent. per month ; St. Petersburg, 51,
to 61 per cent.; Valparaiso, 12 per cent. ; Vienna,
5 per cent.
The Bank of England returns show considerable
payments of notes for taxes, a diminution of circula-
tion, and an increase of government deposits. The
decrease of bullion has attracted some notice and
caused uneasiness, though it is observed large sup-
plies are coming in this week. The decrease is,
however, of no importance, as last week was that of
the smallest imports, and there was scarcely enough
imported to meet the current demand. The state of
the bullion market likewise shows there is no great
operation from abroad, though the Sardinian remit-
tances might have been expected to affect the stock
of bullion here.