The Express.
London, England, 1851-10-23 00:00:00

MU A El' JIAI ET.

TIDES DAY, Two o'CLocz.
The English stock market continues to wear an
appearance of great firmness, and the course of
prices has been nearly identical with that
of yesterday. Consols lett off yesterday at the
reduced puce of 971 to 1, at which rate they also
stood for a short time this morning, cash sellers of-
fering at 97,1, but the market is now steady at
the quotation of 971 to 1, which has like-
wise ruled during the greater part of the
day. Another parcel of Reduced Threes
has been taken off the market by the government
broker. The official business figures are as follows :
Three per Cent. Consuls, 971 : ditto for ac-
count, 071: Three per Cent licduced, 961, ; New
Three-and -a-Quarter per Cent., 9711' 98; Three per
Cents., 1726, 96.1; South Sen Old Annuities, 96,1 ;
ditto New Annuities, 961; Long Annuities, 1860,
6 15-16, 7 ; ditto 30 years, 1&,9, 6 11-16. Bank
Stock continuef to improve, and is to-day marked,
214, 213, and last, 211',.
As was generally expected, the meeting of the
Bank board has passed off to-day, without the
notification of any reduction in the rate of discount.
Exchequer Bills have risen another shilling, and
met with a good business at si2s. to u3s. prem. India
Bonds, small sizes, mark (9s. prom.
No description of foreign Investment appears to
attract prominent favour, and the business to-day
has chiefly consisted of small bargains in a few of the
regular dividend-paving bonds. Prices in no case ex-
hibit more than a slight fractional change. The quota-
tion of Mexican Bonds is anxious supported by parties
in the house, in face of a growing feeling of distrust
os to the future dividends, about which none of the
accredited authorities here consider it necessary to
afford explanation, and notwithstanding the accounts
of contimied disturbances in the northern pros inees of
the republic. The business of the monting has been
as follows : Belgian Four-and-a-Half per Cents., 921,
02. Chilian Six per Cents., 102 k. Dutch Two-and-
a-Half per Cents., iM ; ditto Pm per Cent. Cer-
tificates, 89',. Mexican Bonds, 27; ditto for account,
31st of October, 261. Peruvian Deferred, 11'-. Por-
tuguese Fire per Cents. (Brazil guarantee), Stit.
liumian Four-and-11.161f per Cents., 101.1. Sardi-
nian Five tsr Ccuts, 824• ditto Scrip, 24 dis.
Spanish Active Five per Cents., 20Z, ; ditto fur
account, 29.;.

A second edition of the Daily Yew* has just
reached the City, and has been eagerly inquired
for, as it contains the intelligence of the long-
expected arrival of Kossuth at Southampton
by the Madrid steamer. The Thames is a:so
advised ;as having arrived nt the some port, With
specie to the amount of 1,316,097 dohs.

With the close of the Exhibition and the advance
of the waster, the railway traffic returns are gra-
dually falling from their late high range; but the
figures in nearly every ease still show a considerable
increase over those for the correspondiir, week of
last year. The London and North-Western
return for the last week was 33,534!.. against
46,43;t., in the same week of 18" being an increase
of 7,3971.; the Midland, 23,563 L, against 23,4;0/.—
increase, 395/. ; the Lancashire and Yorkshire,
13,8131., against 14,478/.—increase, 1,337/.; the
London and South Western, 11,913/., against
11,4'23L—increase, 192/.; the Great \Vattern,
21,101/. against 15.29:1/. increase, _,868!.; the
York and -North Midland, 9,012!. against 8,11;8i.
—increase, 9:11/.; the York, Newcastle, and Berwick,
15,76 a against 11,609/. increase, 1,160/.; the I
Bristol and Exeter, 3,100/. against 4X3/.—increase,
Cow.; the Great Northern, 1:1,031!. against 6,209/.—
increase 6,763/.; the North Staffordshire, ;AMU.,
against 4,o9ll.—increase,
From the committee of Spanish bondholders we
have received the following:
The chairman of the committee of Spanish bondholder:
has received a letur from Mr. Weisweiller, dated 16th
instant, in which he says, un nn interview with Senor Bravo
Murillo, he would not allow the eertitie,ite to he attested by
the Spanish agents, but that the committee may issue one
U they choose.
Although :M. Bravo Murillo may justify this on
official grounds, the bondholders will consider that
it is is keeping with the confiscatory policy, on
which he has acted throughout. The Bravo Murillo
plan will figure in financial annals as one of the
boldest and most strong-handed plans for appropri-
ating the property of other people, and he is evi-
dently determined that the process shall be in every
respect unpalatable. So far as he eau he wishes to
provide that no future finance minister of Spain
shall in a tit of hontstyrceognise the just rights of
the bondholders, but it is some comfort to retied that
M. Bravo Murillo is not the perpetual ruler of
Spain. The time will come when the coupons must
be acknowledged, whatever certificate may be deli-
vered to the plundered owners, and it is to be hopes!
an earlier period will be named for the increase of
the pittance of deferred dividend allowed on the
converted stock.

We were in some doubt whether the meeting of
coupon holders, called by Mr. John Fitzgerald, for
Monday, would be of any use, seeing that the par-
ties interested had allowed the proper opportunities
fur fighting the question to pass, or rather had left
their advocates unsupported at the previous meet-
ings. This letter of Bravo Marino's will, however,
afford a very good tilde for the meeting, showing
how necessary it is that a permanent committee
shall be maintained, and the proceedings of the
Spanish ministry closely watched. Unless an ade-
quate organisation be kept up, the new dividends, if
indeed payment be begun, will soon be allowed to
fall into an-ear, while the claims of the coupon
holders should be urged from time to time.
An illustration of the rapidity with which mer-
chandise can now be transported from one market to
another, even if half the globe has to be crossed, is
afforded in the voyage of 72 bales of valuable silk
goods,which were lately shipped at Canton, on board
the Achilles fur Hung Kong. At Hong Kong they
were transhipped on board the Suez steamer, from
thence carried across the Isthmus, and conveyed in
the Indus to Southampton, where they were landed
in the docks and despatched by the first steamer to
New York. Only 90 days were occupied in the
entire transit, and it is calculated that with better
arrangements at several points it might be done in
73 or 80 day 8. By this route, although apparently
circuitous, there was a considerable saving of time,
which was rendered an object of the more import-
ance from the high rates of money at New York, and
it is very likely that this mode of transit will be
adopted to a large extent, provided the charges fur
freight and passage present no obstacle.
A considerable business has been done during the
week in Bank shares. London and Westnauster
shares arc attineting a good deal of attention, and
on the whole, the price is well supported. Union of
Australia and Union of London are very firm. The
sales of the week are as follows :—Australasia
(10/.paid), 37, 374 ex div.; London Joint Stock (10!.
paid), 181,1; London and Westminster (20/. paid),
291, „30, 29 4 ; Oriental Bank Corporation (231.
paid), 261 ; South Australia (231. paid), 2.7 , A ;
Union of Australia (2.5/. paid), 351, ; Union of
London (101. paid), 131.
In Hoek shares there is not much movement, but
prices are well supported, and London stock has
risen 1!. Commercial stock is quoted 84 ; East and
\Vest India, 1421, 142; London, 1141, 1151; St.
Katherine, 79; Southampton, 17, 161, 1.
In steam-beat shares there is little doing.
.Prices
stand as follows :—Cieneml Steam Navigation, 27
ex div. ; Peninsular and Oriental Steam, 67; ditto
new (101. paid), 151; 'Royal Mail Steam, 79, 80.
Miscellaneous shares are quoted as follows in the
official list :—Assam Tea Company, 9 ; Australian
Agricultural, 15 ; Australian 'Trust, 201 ; Anglo-
Mexican Mint, 23; ; Canada Company, 471 ; Hud-
son's Bay Stock, 206 ; Prices Patent Candle
Company, 22), 23 cx div. ; South Australian, 23) ;
Van Diemen's Land, 1.
KNOLISII rums.—Tau D.T.
list Stock, 1333 144._ Long Alan el in, • T
T., Ct. 1te1.141.1. Ng I I/6114 MA ck. 2,1 3
3 lee Ct. C•usule. blue Ihula.l,,AJOL. 61. pm.
garirciisior‘rcerkiii Eachon3er 8L0N1.04,10L. 6f .u..

[TH REEPENCR

NOREION FUNDS.
it per Ct. Ilelei:m.93 5 s p...x 1%. trealear4.266 T
4 per Cc Itrard.o. (co 7 li ~....r et Purnettn. $7 St
Ire. Nes. 810 Mara. Defeirall. 11 1
4 per Ct. 111.4...1..‘, re.. 45 7 per Ct. Porte men., 86 a
6 per (:t. 11.111.1 n. 1..4 4 h per Ct. lt.e.tu. 111 II I
3 per Ct. Chilean, 61, 3j 44 per Ct. Ittutrlvt. 1.514 j
3 pet Ct. Iktpleh. 71i st 6 4.4 r Ct. rtru,l•l4. Arttro, ay j
II per et. Itutr4,. rs 4
..p...r et..r.psab. 36: i
4 per Ct. Dutch. tery Pi 11, 11t-..re.Li i
Kreirtel,,r. 3 4 2 r•l' Ct. Ve..eru.4l. 311 2
1 pur Ct. Grenada. ,',• , : t i. ~ Ih.ferr.,l. 11 13
atr4irilan 6 per Cali. Tj :I Ws.