The Express.
London, England, 1853-03-04 00:00:00

MONEY MARKET.

THOZSDAT
The appearance of the English stock market to-
day was steady, bet there was no sign of a rally, and
general inactivity prevails. As was generally ex-
pected, the Bank of. England weekly board broke up
without any announcement calculated to have an in-
fluence on the money market, but there was consi-
derable tightness " out of doors"—e state of things
which may be attributable in part to to-morrow being
the 4th of the month. The railway market is cha-
racterised by a rather remarkable absence of move- i
ment. The tendency. of prices was downwards, but
this appears to be owing rather to the suspension of
demand than to sales of any moment. Discouraged
" bulls," however, are getting oat of their stock, and
there is also a little speculative selling. The chief
feature was a sudden and rather considerable fall in
Dowers, consequent upon the announcement that
the East Kent scheme had passed standing orders
to-day.
Consols ruled throughout the day at 991 to 1, both
for money and next Thursday, the government
broker making his usual investment at the higher
fraetios. The enntango for April continues 3-16
to 1. The official business list is as follows:
Three per Cent. Consols, for money, 991, 4 • ditto
for account, 991, A. Three per Cents. Reduced,
1003,1, 1. Three!and-a-Quarter per Cents., 10331
1, 1. -Long Annuities, 1860, 61. India Stock, 2661,
265, 2661. Bank Stock, 228.
Business is marked in the Jane Exchequer Bills
at 135., 174., and 12s. prem., the closing price being
124. to 18s. prem. In the March bills, which were
to be presented for renewal or payment this day,
very little business is done. The only price marked
to-day is 3s. prem.
In the foreign stock market there were renewed
purchases of Mexican Bonds on Dutch account, and
the price reached 23, closing 241 to 25. Rumours
continue rife of a new Spanish Three per Cent. Loan,
to be issued at 40, and for which the certificates are
to be taken at a certain rate. The Deferred Threes
left off 241 to 4. There has been, during the last
two dayv, some good buying of Greek Bonds, which
are called 61 to 71. Peruvian stocks are well sup-
ported, but Turkish scrip was rather flatter. Bargains
were thus marked:—Belgian Four-and-a-Halt per
Cents., 99 (exchange, 23f). Buenos Ayres Six per
Cents, 62. Dutch Four per Cent. Certificates, 993, /.
Granada Deferred, 111,1. Greek Bonds, 1824 and
1825, ex overdue coupons, 7. Mexican Three per
Cents., 243, 1, 25. Peruvian Six per Cents., 1071, 8,
7. Portuguese Four per Cents., 381. Russian Four-
and-a-Half per Cents., 1031, 4. Sardinian Five per
Cents., 93, 1. Spanish New Deferred Three per
Cents., 241, 1,1, 1; the Committee's Certificates, 7
per cent. Swedish Provincial Mortgage Loan, 11 dia.
Turkish Six per Cent. Scrip, 11 prem.
The next return of the Bank of England is ex-
pected to show a very trifling decrease in the stock
of the precious metals. As the large arrivals of gold
from Australia are now delivered, and a portion of
them will be presented to the Bank for purchase in
the latter part of the present week, it is evident the
downward movement of the Bank's stock is checked.

The Peninsular and Oriental Company's steamer
Indus, which will leave Southampton to-morrow for
Alexandria, will take out specie and bullion to the
value of 95,7441., chiefly in silver, and for India.
The annexed memorandum, showing the progress
of the Mexican Bond conversion, has been forwarded
to us by Col. Facio:

_
CONVULSION Or THI MIXICAN STOCK.
The Five per Cent. Bonds presented for conversion up to
this date are se follow :

A B C D Total.
No. of bonds 25,457 .. 8.865 .. 8,323 .. 8,381 .. 41,128
For thee, old bonds, which have been cancelled and dell-
' vered at the Bank of England, the following Three per
Cent. New Bonds have been tuned:

Uttar A No. Ito 25,567
„ B No. Ito 8,86.5
C No. Ito 8,323
D No. Ito 8,381

Total
As the number of bonds acknowledged of the four letters
are 61,742, 616 old bonds remain to be converted on or
before the let of April next/ F. Facto.
Mexican Financial '

Agency,
32, Great Winchester-street, March 3, 1853.
It may be useful to remind bondholders that all
bonds which shall not have been converted by the
Ist April next will have to be sent for conversion to
Mexico, a process of much trouble and expense.
The :hares of the Australian Bank and Land Com-
panies were heavy during the greater part of the day,
bet assumed more firmness at the close. South Aus-
' tralian Land shares were chit By affected. The shares
et the South Australian Banking Company formed
ea exception, being in demand at a rise of 11. There
were dealings in the shares of the Oriental Bank
Oerreation at 51 ; Provincial Bank of Ireland , 48/,
t li: ;111tralL .4111 t andßai I,lSegstaiinddaotiocks,l Importing
6 i;
Katharine Docks, 361; Victoria Docks, new
shires (2L paid), 4, 31; Crystal Palace (Si. paid),
11, 1; National Patent Steam Fuel (11 paid), 1 ;
North British Australasian,minimum 7 per cent. pre-
ference (IL paid), 31; Peninsular and Oriental Steam,
854; ditto (251. paid), 49; Royal Mail Steam,
82, 1, 82.
There has been only a quiet business this week in
the market for American stocks, which presents no
feature of especial novelty. Prices are about the
same as last week.

The traffic returns for the last week on the under.
mentioned English lines of railway, u made up to
this day, are as follows :
1863. 1852. 1851.
London and North Western £ 43,049 £41,111 ..£41,059
Lancashire and Yorkshire 17,328 .. 16,625 .. 14,502
London and South Western 8,403 .. 8,819 8,707
London and Brighton.. 7,066 .. 7,669 .. 7,630
Great Western.
Midland

South Basteou
___

York and North Midland 6,791 .. 7,561 .. 6,761
York, Newcastle. & Berwick 9,698 .. 12,748 .. 13,143
Shrewsbury and Chester 1,488 .. 1,414 .. 1,384
Great Northern 12,441 .. 10,672 .. 7,699
Chester and H lyhead
Shropshire Union 658 .. 647 .. 491
Exeter and Crediton
Bristol and Exeter
Manchester &13outhituaction 492 .. 604 4lO

1,7a;,-,,-.-iir.----.--_--..-
.4.183 ::
.4,31_3 ..
.3.787

Eastern Counties and Norfolk 13,089 .. 13,237 .. 12,539
East Anglian 620 .. 588 .. 632
Leeds Northern 1,089 .. 908 .. 813
South Yorkshire
Handal and Windermere
Manchester, Sheffield, and
Lincolnshire
Oxford and Worcester
Stockton and Hartlepool 1,065 1,327
Newcastle and Carlisle 2,038 .. 1,994 .. 2,098
London and Blackwell
Birkenhead, Lancashire, and
Cheshire
Shrewsbury and Birmingham 673 .. 552 .. 551
The aggregate results presented by these returns
(taking only the corresponding lines), are as follows:
Oros amount No. of Average receipt
received. miles open. per mile.
18-53.... £191,975
18-52.... 190,068

18.51.... 179:566
The favourable comparison with former periods
which has been for so many months perceptible is no
longer to be noticed in these returns, but on the
whole the traffic may be said to keep up very well.
The slight apparent falling off this week is doubtless
attributable to the frost.
The returns on Scotch lines are as under :

1853. 1852.
Glasgow and South Western £4,218 .... f 3,587
Calettonian 8,907 .... 7,648
Edinburgh and Glasgow
Soottisk Central
Scottish Midland JuneUon 629 .... 647
North British

Tow
The Irish returns are :
1863. 1852.
Belfast and Ballymena
Cork and 13.•ndon
Belfast and County Down 2OB .... 174
lUlster
1 The quotations of stocks at Amsterdam on Wednee-

(THREEPENCE.

dey are thus reported by telegraphic express :—Dutch
Four per Cents., 964- ; ditto Two-and.a-Half per
Cents., 652. Spanish Defemed Three per Cents.,
24. Mexican New, 251. Portusvese New, 381
The Spanish Committee's Certificates, 7 3-16
Austrian Five per Cent. Metallic., 811. Spanish Ola
Three per Cents., foreign, 4,81. Granada Deferred
Bonds, 11g.

THIS DAY.—Two o'CLoirg.
The English funds opened at yesterday's rates, but
have since slightly improved, and wear a firm ap-
pearance. Consols have improved from 991 to A to
their present quotation of 99 to fur money and
Thursday's settling. The Three per Cents. :Reduced
mark 1001 to a • the Three-and-a-Quarter per Cents.,
1031 to 1; Bank Stock, 227; Exchequer Bills, June,
135., 18a. pm.; India Bonds, 435. prem.
Foreign stocks of all descriptions are firm. Atten-
tion is chiefly directed to Spanish and Mexican, which
hoth show an upward tendency. Spanish Old Threes
mark 48 to a • ditto New beferred, 241 1 ; ditto
Passive, 5a ; the Committee's Certificates, 7,1 per
cent.; Turkish Scrip, 11 prem.; Mexican, 23 to t ;
Peruvian Deferred, 041 ; Portuguese Fours, 39;
Equador, 511 Sardinian, 951 ; Dutch Fours, 99.