The Express.
London, England, 1851-10-08 00:00:00

RAILWAYS.

THIS DAY.

Two o'CLoct,

The share market was rather flat in the earlier
part of the day, transactions being in most instances
marked the turn lower, but the feeling is
now rather better. Business has been inactive,
except in Midlands, which form an exception to the
general character of the market, being inquired for
and quoted at an inurroved figure. On the whole
the late rise may be said to be fairly maintained.

"MARISA AND srucius

MONEY MARKET.

THIS DAY.

Two o'Ctomt.
Although the government broker continues to
purchase as usual, the English stock market has worn
a weaker appearance to-day, and Consols are now
quoted nt a further &cline of b. Bullion
continues to pour in, and we are to-day advised of
another arrival of 123,000/., by the hicitic, from
New York ; but this satisfactory consideration is
more than counteracted by the uneasy posi-
tion of mercantile credit is the United
States, as it is feared that the failures noted
and apprehended there will react here. This
seems to have been the idea uppermost in the
minds of operators this morning, and has had
chief influence on prices. The state of trade
'on the other side, however, is generally sound; the
drain on the money market for remittance to Europe
will soon be obviated by the shipments of produce;
the receipts from California arc extremely large, and
the prospects of the yield there aro more promising
than ever, so that it is not considered by most well-
informed persons that the present position of affitirs,
though sufficiently disquieting, will result in any ex-
tensive difficulties.

Consols have declined „ from the opening price,
and are now emoted 96; to both for money and the
b4PAimig4 Th 4 jollws
ree per uent. consols, 97, 9SIULA,
ap
inetoo (or
account, 97, 9134 ; India Stock 4660146zeP
262 .

The case of the money market here is sufficiently
proved by the rising tendency of the market tin- the
unfunded debt. The small sizes of Exchequer Bills
have to-dav been bought Is. higher, at 4T s. premium,
and India Bonds at the improved figure of 525. prem.
In the foreign stock market business has been
inactive, and with the exception of a few transac-
tions in Venezuela Bonds, which have ranged front
29 to 30;' attention has been almost exclusively
directed to Mexican. The summary of the official
intelligence received by the committee per the Clyde
is as follows:

The committee of Mexican bondholders have received
advice,' by the Clyde from Mr. Falconnet, dated Mexico,
the 3rd ult. Ile had obtained Messrs. Manning and
Mackintosh's acceptance, due at various dates up to
January, UM, for the balance due by them to the bond-
holders (alma 240,000 dollars), and had been promised se-
curities to that amount as soon as Messrs. Manning and
Mackintosh should be able to bring them into a tangible
shape. The governors of the federal states, who hod
been called together to meet in Mexico had not come for-
ward to aoist the President's government, and all his minis-
ters had in consequence resigned. M. Ramirez, said to be
amm of talent and integrity, had been named Minister of
home and Foreign Affairs, and charged with the formation
of a VIC'N cabinet. The ministry of nuance had been offered
to M. Estava, but it was not known whether he bad ac-
cepted.

Sonic time ago we expressed a conviction that the
• result of the President's appeal to the governors of
the federal states would be perfectly ineffectual, and
without their aid the government is completely
disorganised, and thrown into a state of finan-
cial desperation. What the upshot of this
state of things will be, may be more clearly
surmised from future advices; but it appears a very
natural thing that the onerous position of minister of
finance will be shirked by all men of character ac-
quainted with the actual position of affairs in that
department. With respect to a point of even inure
immediate importance to the bondholders, it appears
very surprising t hat no official intimation of the amount
of the remittances by the Clyde has yet been put
forth. The committee in their notification do not
allude to it, and as the letters by the mail were de-
livered last night, it was expected that Col. Fitch),
on whom this duty is understood to more properly
devolve, ought ere this to have afforded information
on the subject to the press and the public. Thu
Bonds to-day show a fall of .! per cent. from the top
price of yesterday, having been sold as low as 21P,..
The folowing to-day's business list : Danish
Bonds Three per Cent., 7$ ; Dutch Two-and-a-Half
per Cents., d 9, ; ditto Four per Cent. Certificates,
90. Z cx div. Mexican Bonds, 27, 26; ; ditto for
account, 264, Z. Russian Four-and-a-Half per Cent.
Bonds, 101 Sardinian Scrip, 1; dia. enezucht
Bonds, Two-and-a-Quarter per Cents., for account,
130 291, 30'.

The following is a summary of the railway
dici-
dead.s due about the present time, and which dues
nut include the dividends of the larger companies
already declared nor the interest on debentures:
. . . . .

Sept. 29. Ambergatc, Nottingham. and Boston £4,750
Oct. 1. Chester and Holyhead I"ivc-and-a•Half
per Cent. Prof renee
Sept. 29. Edinburgh and Glasgow
Oct. 2. Glasgow and South Western
Oct. 2. Ditto Preference lO,lOO
Oct. 1. Great Northern Five per Cent. Scrip 32,000
Sept. 2.. Lanca.hire and Yorkshire 71,000
Sept. 25. Ditto Your-and-a-Half per Cent. Prefer
.....,. ___

_ .
ence
Sept. 23. Leeds Northern t'rcii rence
Oct. 10. Midland Great %Vestcru (1.)
Sept. 30. Newcastle and Carlisle
Oct. 1. Shrop4ltire 17ninn
1 Oct. 16. South Eastern
Oct. 16. Ditto lour-and-a-ltalf per Cent. Guar-
anteed 6,800
Sept. 29. South I)cvon 6,000
Sept. 29. Ditto Guaranteed Six per Cent.

1 £481,8A
The amount of bills drawn by the East India
Company on their respective Presidences, from tho
24th ult. to the 7th inst., is as follows :
Rate of Exchange.
Bengal £17,86.5 14 2 } 2a. Old.
Madras 7,191 8 1• per Co.O. 8 rupee.
Bombay

T0ta1.... £25,400 1 1
The twentT-sixth half-yearly report of the Agra
and United Service Bunk says :
In laying before the proprietors the accounts for the past
half-year, the directors have much pleasure in stating that
the funds of the head office and the different agencies have
been well employed during this period, and that the net
divisible balance on the 30th June amounts to rs. 3,87,93?-1.3,
equivalent to rs. 12-3.0 per cent. per annum on the bauk's
capital, which, after providing for a dividend at the
rate of eight per cent., in accordance with the reso-
lution of the general meeting of the 13th August,
1849, will leave a surplus of rs. 1,33,3.524-3. The
London agency under the late secretary continues to
realise to the utmost the expectations formed of it. Tho
working of the past six months shows a surplus off sterling
452-64, after plying all the expenses of the branch. It is
a source of gratification to the directors that, notwithstand-
ing the late times of difficulty and suspicion, the amount of
the trading capital of the bank has not diminished, but has,
on the contrary, increased—a satisfactory proof that public
confidence in the bank is unimpair..d. Since the last
general meeting, the result of the special audit of the affairs
of the bank as regarded the head office has been communi-
cated to the shareholders. An audit of the branches, con-
ducted with similar minuteness, has ju.t beer. concluded,
and the reports of the auditors now submitted to the meet-
ing, will, the directors are confident, be considered very
satisfactory. The directors are now preparing to register
the bank according to the resolution of the general meeting
of the 17th June.

ENOLISJI YU:Mi.—Tom DAT.
Bank Stock, .but Long Annunlet,
3 par Ct. Iteduktal..hut India ntPtit. 281 2
3 tar Ct. C0n5u1...1.4 4 Ditto liteels.l,oool.. 48.1315.
33 per Ct. Consols, shut Exencqucr Bina 1.086.. 434.417.
(konla for Acta, alit j
YOREIG.
At per 63 5
6 per Ct. Bruilion, 86 7 ex tilt
Dar. Non. &I a
per Ca llama, AY... 40 50
per Ct. Milian, 1.4 4 az dlr
3 per Ct. Chin., elf 33
3 per Ct. Danish, ,79
21 per CL Dutch, teli 9
4 tar Ct. Butch. ttl 1
Equattor. 3
1 par Oa Grenada, 14 15

6 FUNDS.
5 per Ct. Mexican. 261
41 tar Ct. Peruvian, 54 9
Ditto Deferred, 41 2
S ircr Ct. P.nluitue,. se
5 Der Ct. llns-lan, 111 113
41 per Ct. Rustion, 101 1
S per Ct. ,pulish, Active.. 201 11
3 per Ct. 06t4ti6en. 375 at
Do. 1154.tru. 51 4
Der Ct. Venezuela, 39 31
De. Deterred, 101 111