The Express.
London, England, 1853-01-11 00:00:00

Mexico, the 2nd ult., of which the sub,joined is for-
warded as a summary. At the present juncture the
advice. are of more than ordinary interest.
The Financial Committee of the Chamber of Deputies
had not yet made any report on the application by govern-
ment for 1,300,000 dole , required for the dividends on the
foreign debt, due Ist July last and lit inst.
It was thought that government was about endeavouring
to obtain the sanction of Congress to a loan of 3,000,000 dols.,
and to appeal to the clergy to mortgage their property as
security for it. It was doubtful whether the clergy would
respond to such an appeal, but it was reported that the
Archbishop of Mezice was favourably disposed towards the
President, and inclined to assist him.
The duty bills belonging to the foreign debt in Vera Crus
and Tampico were now regularly handed over to the agents
of the bondholders there. Mr. Faleonnet writes:
"Mesas. S. Jolly and Company in Tampico inform me
under date 10th November, that they had received from
the Custom-house duty bills amounting to 1,970.03 dole.,
and 203.36 dole. in cash ; 2,174.29 dols. together, for ac-
count of the dividends. I expect to hear every day of a
much larger amount having been delivered to them fur the
same purpose, the Tamaulipas having brought, I under-
stand, a rich cargo, the duties of which are, it is said, likely
to produce some 80,000 dols. From Vera Cruz I have not
yet received the list of bills which were to be handed to our
agents there ; they tell me, however, they have gut almost
all the bills applicable to August, but that some are still
wanting, and that when the full complement is made up
they will send the particulars of the whole. Part of those
of September they also have, and according to calculation
these two mouths must have produced together something
like 68,000 dollars for Vera Cruz alone. There are now
three ports of the Pacific closed to foreign trade by decree
of the government, via., San Slas, Mazatlan, and Altata ;
but these places being in the hands of the • pronunciados'
people there take advantage of the circumstance to intro-
duce goods and ship specie at very low rates of duties, which
is so much loss to the bondholders for the present as, of
coarse, even what is now collected goes to the insurgents."
The 75,000 dollars on account of the cotton licenses would
be sent by the next packet, or if there should be no con-
ducts in December, by that due here on the ht March next,
Rebolledo had been defeated with great loss in an engage-
ment with the government troops, which appears to have
put an end to the revolution in the State of Vera Cruz. In
Jalisco (or Morelia) little progress had been made by the
pronunciados." It was expected that a battle would
almost immediately take place, which would decide on
matters there. The executive was confident of success,
and though public opinion was somewhat divided on that
subject, Mr. Falconnet was inclined to think that if govern-
ment could only effect a loan of half a million of dollars it
would have nothing to fear.
Some sensation was produced to-day by the an-
nouncement of the failure of Messrs. Collman and
Stolterfoht, with liabilities variously estimated at
from 200,0001. to 400,0001. It is stated, as the im-
mediate cause of the suspension, that the house has
been defrauded to the extent of some 80,0001. by
forged bills of lading, and granary warrants. The
party implicated is in the hands of the police, and for
some details connected with the affair, reference may
be made to our Mansion-house report. The firm in
question was chiefly engaged in the German and
United States commission trade, dealing also with
the Havannah, and has branches in Liverpool and
the United States. Few details of the unfortunate
affair are yet known, but at first sight it would
appear that the charge of negligence rests in
some quarter, as otherwise it would have been
scarcely possible that fraud could have been prac-
tised to so serious an extent. The firm is reported
to have sustained loss from a recent large failure in
the colonial trade, and fears are expressed that
further cases of mercantile embarrassment may arise
out of the stoppage, not only here but in Liverpool,
and on the continent. The circumstances connected
with the failure present several features of an un-
usual character.
There has lately been placed upon this market, foe
distribution, Six per Cent. Mortgage Bonds of the
Brantford and Buffalo Railway Company, to the
amount of 125,000!. This company is incorporated
by the Canadian Legislature. Its line is 82 miles in
length, and connects Buffalo, on the eastern point of
Lake Erie, with the Great Western Railway of
Canada. The capital of the company con-
sists of 30,000 shares of 51. currency each,
all of which, it is stated, have been sub-
scribed for, whilst 50 per cent. has already been
paid up. The bonds to be issued now are a first mort-
gage, redeemable in 1872, and convertible into stock
till 1857, at the rate of 49 shares of 51. currency for
every 2001. sterling. These bonds, it appears, are
to be issued here at the rate of 101 per cent., the
interest commencing from the Ist February next.
Australian Agricultural shares were weaker to-
day, declining to 260 to 270. South Australian Land
were also more offered, and declined to 67 to 69.
Thesharesof the NorthßritishAustralasian Company,
the report of which was given in the Daily News of
Friday, and has since been advertised by the company,
continue to meet with a great deal of business, and
closed this afternoon If to 2 prem. A portion of the
estates of this association adjoin those of the Austra-
lian Agricultural Company. In other miscellaneous
stocks business is less active than of late. Transac-

No. 80. Iltecu.Lkwyous. Pd.
10,000 hlOO tustralianAgrL.. 31
11,700 22 .Australfas Lead IS
, 10,000 109 Vas Diegoin's Land 29

Bodeen does
today.

67 69sd
19 21

267 3 73 68
97 70 68470 j I d
ft

MONEY MARKET.

tions are marked in the shares of the London and
Westminster Bank at 351; Victoria Docks, 4i ex.
new ; ditto, New (21. paid), 3i ; Crystal Palace, 5;
Australian Royal Mail Steam, 41; Eastern Steam,
; Royal Mail Steam, 81/. Ebro Canal shares are
quoted 2to 21 prem.; Chiriqui Road, Ito prem. ;
Beaters and Gmissessae Railway, I to : prem. ;
Magdalena Steam, / die. to par; Royal Swedish Rail-
way,l to / die. ' • Central Italian Railway, 1 du. to
prem.; French South Eastern Railway, to
prem. ; Zealand Railway, / to 1 prem. ; City Rail-
way Terminus, dis. to par; Great Western and
City Junction Railway, par to 1 prem. ; Rank of
Asia, par to 1 prem. ; London Bank of Australia
and India, / to .7, prem.
The monthly returns of the National Bank of
Belgium, as made up to the 31st December, show
the following results, compared with the previous
balance-sheet (25f. for 11.)
Coin and bullion £1,546,512 Decrease .. £157,368
Portfolio
Circulation
Current accounts
The quotations of stocks at Amsterdam on Satur-
day are thus reported by telegraphic express : Dutch
Four per Cents., 98: ; ditto Two-and-a-Half per
Cents., 66 ; Spanish Deferred Three per Cents., 231;
Mexican New, 24 1-18; Portuguese New, 383;
Austrian Five per Cent. Metallics, 831.
The subjoined calculations show the rate per cent.
per annum yielded by our government stocks at
present prices. To render the results strictly accu-
rate, the proportion of interest which may have ac-
crued since last dividend period should in each case
be' taken into account. It should also be remem-
bered that the Three-and-a-Quarter per Cent. be-
comes a Three per Cent. Stock in 1854.

MONDAY Evmuns.
The English Funds to-day were, on the whole, a
shade steadier than on Saturday, but business is in-
active. The tone of the Consol market was gene-
rally dull, especially in the afternoon, owing to the
continuance of unfavourable weather, and a failure
connected with the corn trade. In view of the ad-
vanced rate of discount, which has diminished busi-
ness, and sensibly weakened the sanguine feeling
previously existing in the Stock Exchange, it is
rather surprising the re-action has not been more
marked. More anxiety will now be felt respecting
the Bank returns and the course of the Exchanges,
as there is an impression that a further movement
in the direction of repression of speculation is
by no means improbable on the part of the
Bank of England Directors, unless they should be
led to the conclusion that their interference is no
longer required: It is needless to remark that a
second movement in the direction of a rise in the
rate of discount would inflict a very serious blow on
confidence. _ .

Cotuiels opened this morning at a slight improve-
ment, being first quoted 1001 to 4 for money, but
the market became weaker in the afternoon, and
finally left off with a fiat appearance at 100; to 3
for cash and the 18th. The business was chiefly
for money. Annexed is the official report :—Three
per Cent. Consols, for money, 1004, 1, li 1 ;
ditto, for account, 1001. Three per Cent. Re-
duced, 1011, k, 101. Three-and-a-Quarter per
Cents., 1041, 4,1, 4. Long Annuities, 1860,
SI I ditto, 30 years, 1860, 6/. Bank Stock,
1541,2251. This last-named security is rising.
Exchequer Bills remained at Saturday's quotation
et 675. to 70s. prem. India Bonds were sold at 795.
MM. Three per Cent. Consols -1004004
In the foreign house there was no change of im-
ye. Throe per Cen
hr t:Nuanced
per
Cents 1:1411
portance. Mexican Bonds were a shade firmer on Bank Stock (dirld Od calculated at Us;
to-day's advice., and Turkish scrip closed rather rate .174 per cent per annum) 225
better. Granada Deferred Bonds ranged between Barber
per
tlylil, Much (int. lad. per
703.
pm. 3 3
tit
121 and 121. The attention of holders of the stocks Annexed is a statement (extracted from the Liver-
of this Republic is now, and has for some time been eekly Share Litt) showing the rates. yielded
directed to the movement towards the construction of by lordinary railway stocks at present prices, the
a canal for the junction of the Atlantic and Pacific calculation being based on the dividend paid for the
Oceans, the details of which were published in the half-year ending the 30th of June:
Daily News of this morning. Should this gigantic
undertaking be carried out, it must neces- Pres.
124 Landon Railway. per -anima.
eerily have a most important influence in Landon and 'North Western Stock £4 s fit
16 London and North Western Fifths 4 7 6
promoting the prosperity of New Granada. Is& Liverpool, Crosby, and Southport
91 Greet eatern
Bargains are marked to-day as follows :—Austrian
110 Bristol and Exeter
Old Five per Cent. Bonds, 90, 89 (exchange 10 fl. 42 Great southern and western—lreland 316 11
per pound). Brazilian Four-and-a- Half per Cents., so Midland Great Westera—lreland
1852, 981. Dutch Two-and-a-Half ‘ier Cents., 67, 70 Midland
eft,-
acpk3 0 .
31S
661, ex div. • ditto Four per Cent. Certificates, 99. IS York, Newcastle, and Berwick 314 i
Ecuador Borids, 51. French Three per Cent. Rentes, at at Lunn n Yotrcle
kshire Stook
3 li
80f. 25c. (exchange 25f. 15c.) Granada Deferred 91 London and South Western
4648211
Gmliluti,..rdbileint a.naodnido.liesolfeasuttbhamvvemeout
Derby ... "' 3ii
Bonds, 12/, 1. Mexican Three per Cents., 231, 1. 3lO .
Peruvian Six per Cents., 105; ditto Deferred Three
3 5 61
per Cents., 641. Portuguese Converted Five per 134 Resters Counties 3O 44
Cents., 1841, 42 ; ditto Four per Cents., 401. Rue- % SktUthi. E. :IT,
re S
0 0
shin Four-and-a-Half per Cents., 104, 1, ex div. 204 Great Northern
2 5 9
Sardinian Five per Cents., 951. Spanish New De- 134 North Staffordshire
(erred Three per Cents., 234, ex div. ; the Committee's 21 Chester and Birkenhead .
2,44 York and sow, „idi„nd .
Certifs., 41, 41 per cent. Turkish Six per Cent. In using this table it must be borne rn Mind that
Loan, 1,1, 1, prem. the dividends for the second half of the year are
The Committee of Mexican Bondholders inform in always forger than those for the first half. Allow-
they have received advice§ from Mr. Falcoanet, dated , ' ance must also be made for the improving traffic.

let. per rent
per annum.
£219 lii
2 19 3
3 1 Cli
3 6 8

I at. per