The Express.
London, England, 1851-09-05 00:00:00

3 IMsti;
10 ITorkl

MONEY MARKET.

THIS DAY

Two o'Ctoca.
The transactions in the home funds to-day have
been unusually limited, but the tone is steady, the
analysis of the Board of Trade returns being regarded
very satisfactorily, and prices arc maintained at yes-
terday's final range, from which there has been
scarcely even a fractional variation in any description
of stock throughout the morning, so quiet is the
business going forward. The concluding purchase
for this week of the National Debt Commissioners'
broker has been effected in the Reduced Three per
Cants., at 97. - .

- .
Consols have ruled steady all day, at 90k to 1,
both for money and Wednesday next. The official
list of the day's bargains is restricted to : Three per
Cent. Consols, 961 1 ; ditto for account, 961; Three
per Cent. Reduced, 97, 961. New Three-and-a-
Quarter per Cents., 981, 1, a. Long Annuities,lB9o,
7j. South Sea Stock, 1061.
Exchequer Bills were dealt in at the commence-
ment of business this morning at yesterday's rate of
465. to 48s. prem., but sales of the smaller amounts
have since offered, and the quotation is now ls. lower,
at 445. to 478. prem. For India Bonds there is no
enquiry, and the rate remains nominal.
As regards the extent of business done, a report of
die foreign stock market might be altogether dis-
pensedwith, not more than half a dozen bargains
ai offered in the course of the day, and, these
being for small amounts only, prices are not affected.
Mexican and Spanish, however, are a shade flatter. The
accounts from the Mexican republic continue to read
very unsatisfactorily, each succeeding mail, and the
accounts received by every route, confirming the
views entertained by us, in common with parties
well-informed on the subject, as to the deplorable
state of the country, political, financial, and social. It
is to be hoped the bondholders will see the absolute
necessity of keeping a strict eye upon the proceedings
of the government and its agents. To-day's
business hst is as follows :—Dutch Four per Cent.
Certificates, 92 .1„ 1. Mexican Bonds, for account, 16th
Sept., 281. l'eruvian Deferred, 431. Spanish
Active Five per Cents., for account, 201,
At a meeting of creitors of Messrs. 'tucker and
Sons, held this afternoon, a statement was laid be-
fore the meeting, showing assets, computed to yield
158. in the pound.
It was decided to recommend that the concern be
wound up under inspection, and three gentlemen
were appointed for that purpose.
From the committee of Spanish bondholders we
have received the following communication :
Delegation of the English Committee of Spanish Bond-
holders. (Translation.). _
Lave

Excellent 'have the satisfaction to acquaint your
Excellency that at the public meeting which the Spanish
bondholders held in London on the 19th instant, the condi-
tions of the law fur the settlement of the debt, lately voted
by the Cortes, and sanctioned by her Majesty, have been
accepted, although the creditors always indulge in the
hope that the state of the Spanish finances improving, the
nation will accord spontaneously the justice due to her cra-
ditors, particularly in the part relating to the overdue cou-
pons, on which the law has imposed the hard sacrifice of
giving up the half of their nonunol value, so as in a more
favourable epoch to indemnify the bondholders who now
submit to the law.

As your Excellency is aware, by the resolution adopted in
the said meeting, the bondholders have consented to reim-
burse the expenses the committee has incurred in their ge-
neral interest, in consequence of which I request that your
Excellency will be pleased to give instructions to the presi-
dent of the finance commission in London, so that he may
agree with the committee respecting the most adequate
manner of carrying out that resolution. Your Excellency
has already assured me verbally, of agreeing to continue
paying in London and Paris the dividends of the new debt,
which is to be issued in exchange for the old bonds,
which had the right of having their interests
paid abroad, and it only remains for me to ex-
press my intimate conviction and my firm as-
s uranc e, that by the medium of the exact and punctual
payment of these reduced interests, your excellency and
succeeding governments will endeavour to elevate the
credit of your country to the height from which it would
never have descended without the forgetfulness of that
which every honourable country owes its creditors, and
more especially to creditors who have just given a new proof
of their moderation and of their desire to second the credit
and future prosperity of this noble nation, which contains
so many sources of wealth, which cannot fail to unfold
themselves more and more under the rule of the august
queen who occupies the throne of Castile.

The day I have the happiness to see the credit of Spain
at the height of that of other nations less powerful, will be
for me the reward of the efforts, both zealous and concilia-
tory, which I have made on behalf of the interests intrusted to
my care. God preserve your Excellency many years.
Madrid, August 27, 1851.—The Delegate of the English
Committee of Spanish Bondholders.
(6igned) DANIEL WEIEWEILLEA.

Ilia Excellency Senor Don Juan Bravo Murillo,
Mi-
nister of Finance and President of the Council of
Ministers, &c. &c.

The traffic returns for the last week on the under-
mentioned English lines of railway, as made up to
this day, are as follows :
1851. 1850.
London and NorthWeettrn.... £62,739 £51,212
Midland. 24,588 24,968
. . .

Lancashire and Yorkshire 18,617 .... 16,077
London and South Western 17,563 ... • 13,0.51
London and Brighton
Great Western
South Eastern

, ,_,.
York and North Midland 9,971 .... 9,947
Exeter and Crediton
Bristol and Exeter
York, Newcastle, and Berwick 17,096 .... 14,501
Shrewsbury and Chester 1,929 .... 1,665
Shrewsbury and Birmingham 673 .... 722
Great Northern 13,348 .... 5,863
Shropshire Union 599 .... 486
Leeds Northern 1,231 .... 1,402
North Staffordshire
Manchester, Buxton, Matlock,
and Midlands Junction
Chester and 11 .Iyhead
Manchester, South Junction,
and Altrincham 539 .... 441
Bolton, Blackburn, Clithcroe,
and West Yorkshire Bl3 .... 674

Total £243,026

The total receipts upon the corresponding lines
being 243,8431. against 202,0711. in the same week
of 1850, the increase is shodm to be 41,7721., or 20
per cent. The number of miles open in 1851, was
3,7181- and in 1830, 3,571, showing an increase of
147 i Miles, or 4 per cent. The aggregate average
return per mile per week was, in 1831, 631. 11a. 7d. ;
and in 1830, 581. 11s. Bd.; so that the difference con-
tinues in favour of the present year to the extent of
91. per mile per week. Looking at the advanced
period of the season, these returns must be
regarded as extraordinarily good. The metro-
politan lines continuo to present the most favourable
comparison, though on some of the larger provincial
lines, as, for instance, the Lancashire and Yorkshire,
and the York, Newcastle, and Berwick, the increase
of movement is scarcely less striking. The South
Eastern return continues to evince the movement of
our foreign visitors. The decrease on the Midland
is this week much reduced, being only 3801.,
a circumstance which is probably owing to
the receipts being swelled by the Musical
Festival at Worcester; as the effect of the
Exhibition on this particular line, in checking the
general excursion system, and causing such a falling
off in the visitors to Matlock, Cheltenham, ani Scar-
borough, must still be sensibly felt. The London
and North Western return is swelled by the Egham
races, and tho Great Western by the great cattle
fair at Bampton. The Chester and Holyhead return
this week contrasts very favourably, as it is increased
by the Stephenson banquet at Bangor.
The return per mile per week on the chief lines is
subjoined :
1851.
£llOBl.
Looks and North Western £119.27 . 60.86
Whiland 41.1: 63.48
ialigidire and Yorkshire j 1
60
63.43
Langan sad South Wertern
99.46 .... 72.37
Great Western
London and Brighton
...
South Eastern ... .... a
.76.7853 .... 7380.9685 ,
York and North tdiaad Berwick 68.14 49:96
York, Newcastle,• •
Griot Norther. 66.32 .... 24.84
Cheater and Holyhead