The Express.
London, England, 1851-02-27 00:00:00

RAIL WAYS.

THIS DAY.

Two o'CLoca.

The arrangements for the settlement of the account
which expires to-morrow form the main feature of
business in the share market to-day. The rates
of " continuation" to the next account, of the
14th of March, generally rule higher, and, in
sonic cases, including London and North Western,
Great Western, Lancashire and Yorkshire stock, and
North British, they are espcciall• heavy. Where
this is the case, some degree of depression has re-
.ulted, but the market, on the whole, shows much
steadiness. Most of the business concluded has been
in connection with the closing of the old account,
and has rendered the market sufficiently active.

6111.4115* AIM Or ens
N.llb.
Usi.v.••••rraKu.

Omar priors
Yesterday.

IN 111

MONEY MARKET.

THIS D.Y.

Two o'CLocx.

The market, which fell consideralply-mi the ,M-
-nounerment that Lord Stanley had taken charge of
forming an administration, has improved to-day on
at-count of the difficulties which seem to prevent Nuch
an undesirable consummation, and the hope, which
is laroming stronger, of a free trade administration
under Lord Clarendon.

The rate of money is easier to-day. and the govern-
ment broker has continued his purchases, being also
circumstances favourable to an upward turn, and
there can be little doubt that, hut for the ple4ent
anomalous position of political attliirs, a sensible
advance would have occurred in the home funds.

Onisols are now quoted 96 for cash, and 91 to .1
for the account, which is u rise of on the last rates
of yesterday's market. The prices of the day's
business reported in the official list, are• Threo
per Cent. Consols, 9(, I.; ditto for account, MY!,
; Reduced Three per Cents, 97, MI, 971; Now
Three-and-a-Quarter per Cents., 9t q, 1. Long
Annuities, 1800, 7 11-10,1. Bank Stock, 2141, 15,
and 2141, being rather lower.
Exchequer Bills arc unchanged. AU sines mark
40.+. and 50s. prem. India Bonds, 1,0091., 51s. prem.;
ditto under 1,0007.. 555.

With the exception of a decline in Buenos Ayres
Bonds, which mark only 53, there is no change to
notice in the threign stuck market. The settle-
ment of the fortnight's account engages a good
deal of attention, and the business has conse-
quently been upon a very small scale, and comprises
scarcely a single bargain for the new account, which
is fixed for the 14th of March. In Spanish stocks
not the least business has been done. The sales of
the morning are limited to: Bruziliun Old Five per
Cent. Bonds, 92. Buenos Ayres Six per Cents., 63.
Two-and-u-Half per Cents. thatch, 684; ditto Four
per Cent. Certificates, 9Li, 1. Mexican Bonds, 334,
; ditto for the 14th of March, 334. Peruvian ntur-
and-a-Half per Cents., 1849, 821; ditto DeOrred, 37r
Portuguese Four per Cents., 331.
The half-yearly dividend on the State of Georgia
Five per Cent. Sterling Bonds is advertised for pay-
ment on and after the Ist of March.
The half-yearly interest on the Cuba Loans of
1834 and 11437, due the sth of March, is also advt.*
tised fur payment.
On the Ist of March the dividends will also fall
due on Greek and Russian Flute per Cent. Bonds, and
on the Danish Five per Cents.
The following communication front Mr. Wens-
' eiller has been received by the committee of
Spanish bondholders :

Madrid, February 19, 1851.
Monsieur le President,—l have the honour of receiving
your letter of the 11th instant, also that of Mr. Collett of
the 12th, informing me of the resolutions agreed upon at
the meeting of the bondholders which Wil.hehl on the latter
date. I forwarded your enclosure to his Excellency the
Minister of Finances, and at the same time addn•ss,d a let-
ter to him, a copy and translation of which yuu will find
enclosed.

I hope that our united efforts will result in the ameliora-
tion of the coupons in arrear, and you may rest assured that
I will make all imaginable etkorts to attain this end.
All to the explanation that you ask me to give concerning
what in the project of law is not very clearly stand, if the
half-yearly payments on the New Three per Cont. Deferred
will take place here or in London, I have already had the
honour of informing you in my private loiters that tho
government wishes to await the result of the trial concern-
ing the attachment put on the funds sent to London fur tho
last half-yearly payment of the 3 per cent., before coming
to a decision on the point.
I have already endeavoured to make the government
uuderstand that the last means to avoid these attachments
would be to pay monthly the dividends, in which CAW the
English law dos, not permit these sequestration', and, in
consequence, that it depends on the government only to
avoid fur the future these disagreements in settling and
paying its debts.
Howes cr, if the government was definitively to lose the
trial iu question, I !car that it would then insist upon doomi-
ciliating at Madrid the payment of the dividends upon rim
New as well as the Not f lute per Cents. Nesertheless, I
shall still insist that the payment of the dividends shall con-
tinue to lie pull in 1.6011(illII, and I regret that in order to
give more weight to my representations on this subject, you
did nut mention it in your letter to the -minister, nor in the
resolutions adopted ut the meeting. (The terns were ac-
cepted only upon this condition.—Jas. Caps.]You ask the amount of the debts without interest, to
which the twelve mill. sof real, ethitivc, say 120,0001.
sterling, is to be applied in liquidation. The amount as per
schedule is GO millions sterling, but a portion will be taken
in payment of national properties, all stated in the project of
law. [Mr. Scheidnagel, the financial agent here, states it
to be 3; millions sterling.—Jas. Coml.]
1 will take care to continue my information upon any-
thing of interest that occurs, and I beg you will at your
first meeting pa." a vote of thanks to his Excellency Baron
Grovestius, the minister of the Netherlands at Madrid, who
has always most powerfully assisted me.
I am personally very much obliged for having so favour-
ably mentioned me, unit take the opportunity of reiterating
the assurance of my consideration.

DANIEL WEISWEILLAIL
Foreign ressire 404 .... fleas 1,042000,000
Fort hrn deferred, 1831 .. 444,000,0110
Interior, without interest 940,000,000
Vales provisional debt,&e. 3,574,000,000

Reels 6,000,000,000 or
L 60,000,000 sterling.
Mr. James Capel, President of the Committee
• of Spanish Bondholder+, &c., London.
The following are the rates of exchange nt foreign
places on London by the last mails. In Enrols.. they
keep up, but in the west there is a tendency to
decline, as might have been expected.
l'resious Latest
Galits
Q uotati ons. Quotations.
92 1
Georgetown (Demerara) 481 dole.
Ilavannah
Ibraila
Kingston (Jamaica)
Palermo 55.13 55.14
Paris
Port of Spain (Trinidad) 488 dol.
St. PeteNlnirg ....
Trieste
Valparaiso
Venice
Vienna

At a meeting of the proprietary of the Van Die-
men's Land Company, held yeste.rday, a committee
wax appointed to investigate the affairs of the com-
pany, and to report upon the prospects of the under-
taking, with a view to its abandonment if deemed
advisable.

YUMA —Tna MT.
'utak Meet. 114, 16/ 13 per et.stt. Att.. 96.1
7 per Ct. ItesL A. 4... 4.4 j 7 At stst at 981
3.w MIAs. Anti 914 lathes:sum tst 50,

rostcluN r1•1!;.1,- 24.

per Ct. Artr:ar. Pm. .....
t per (k Uretta.ta Ma.. 17 13
.4 it., et. 11.1 g. Itvu.l.. 14 5 3 lkitrrert 114.. 44
94 1., rant.. %14m Ma., 334 j
tor 92 4 ' oar t/t.Pem.sn 131% MI 2
bitto Nee. 3 • ..rtutusoc Cuararted 3.19 4
Spar Vt. 111/...4 A 5140.53 3 ' jar et. 11 5.., 113 14
Spar 1.3.0..1•14141... 1.4 7 :Mtn Spitt,l4i N 1... 191 211
1,1130 Colutub. 13 ter 1:t. :,lardsb at
c aj
umt.i.lao 3-.0331,0r lulr, . 31 j
3to
ct. 0.1.4 134., is In Ultra 14.13..4j 13
11 I'Y I,Le.ch iii 3 9 ,2 or 2
430 r Ct. DUiCII Lli 2 I if.r.,ltela I.pferral Lotus. 11 12