The Express.
London, England, 1851-04-07 00:00:00

Two o'CLocx.
The English stock market presents some little in-
crease
of activity to-day, the New Three-and-a-
Quarter per Cents., the Three per Cent. Reduced
Annuities, and other stocks haring this morning
opened for business by special transfer. Still the
transactions do not appear to be numerous or import-
ant in any description of government stock, and
speculation is quite in abeyance.
Console have not experienced even a fractional
variation from Saturdays rate, 962 to both for
money and the 10th of April. The official report of
business is :—Three per Cent. Consols, 961 to t ;
ditto for account, 961 ; Three per Cents. Reduced,
95A, 96; New Three-and-a-Quarter per Cents., 97!:,
1, ex div.; Long Annuities, expiring in 1860, 7 5-16,
1; *A 30 years, 1860, 7 9-16.
Exchequer Bills have been in fair demand to-day,
and the price has improved Is. Bills of all denomi-
nations mavk 555. and 58s. premium.
In the foreign stock market the business has been
and prices have undergone no change, with
the exception that Spanish is looking down. Mexi-
can Bonds are also worse, the quotation having receded
to 33 to at which it now stands. Prussian siocks
maintain their price well. Chilian Bonds, especially
the Three per Cents. continue to meet with trans-
actions. The official list of the morning's bargains is :
Brazilian Old Five per Cents., 881. Chilian Three
per Cents., 65, 641 ex div. Two-and-a-Half per
Cents. Dutch, 581; ditto Four per Cent. Certificates,
891 ex div. Equador Bonds, 31. Mexican Bonds,
33! ; ditto for the account of the 16th inst., 33!.
Russian Four-and-a-Half per Cents.4B.4. Spanish
Active Five per Cents., for account, 281,
The money market is, as last repotted, 21 to t for
call, and 3 per cent. discount, but although business is
extensive the market is dull. The temporary demand
for the Stock Exchange has worn off, and the divi-
dends coming in will liberate further engagements,
so that unless a further opening takes place, money
may be expected to be still more abundant for some
time. Foreign rates of discount remain unchanged.
At Frankfort the rate is It per cent., and at Ham-
burg 11 per cent.
The dividends on the following stocks, now shut,
will be payable in the Rotunda of the Bank of Eng-
land on Tuesday, the Bth inst., viz.: Bank Stock,
the New Three-and-a-Quarter per Cent. Annuities,
Reduced Three per Cent., Long Annuities, and
Annuities for terms of years. On the same day the
dividends on South Sea Stock will be payable at the
South Sea House; and the dividends on East India
Stock at the India House.
The old companies which have come into the
money market to raise new capital are the General
Screw Steam Shipping Company and the Regent's
Canal Company. The capital required is: General
Screw Company, sOO,OOO/. ; Regent's Canal, 60,0001.
This sum will not, however, be taken out of the
market at once. The General Screw Company
began operations on a very small scale, in 1846, in
the trade with Holland. They then took up the
Constantinople tirade with equal success, and have
been the means of effecting great good, as by
the economy with which screw steam-ships are
worked they are enabled to make an income
from goods, instead of chiefly from passengers,
and although they reduce the passenger rates,
their chief operation is to enable a class of goods
to have a rapid transmission, which before
was denied to them. The fruit crops of the
Levant have latterly been brought to market with a
speed and certainty heretofore unexampled, while
large remittances of specie have been made. Last
year the company took the Cape mail contract, so far
as is yet known, with most satisfactory results. By
creating new branches of trade on the west coast and
in South Africa, the company will enlarge its basis
of income, and it seems now incontestible, whatever
were the doubts prevailing some years ago, that
Africa can maintain steam navigation. We notice
with interest that on the Constantinople route the
insurance on goods carried by these ships has been
reduced from 3to 1 per cent. What the company
require increased capital for is, to supply the
old paying Constantinople line, from which
they were obliged to take ships off for the Cape
contract, to increase the Cape force, and to carry out
an extension from the Cape to the Mauritius, Ma-
dras, and Calcutta, for which there is sufficient en-
couragement. The number of new shares to be issued
is 8,000. The dividends hitherto paid are 7j per
cent. per annum in 1849, and 8 per cent. in 1850.
The shares to be issued by the Regent's Canal
Company are, according to the Railway Record, of
161. each, payable by instalments, and bearing in-
terest at 4 per cent. until paid up, when they rank
with the old shares.
The Bank of England returns this week arc most
remarkable for a decrease of 152,8811. in the bullion,
gold for the Stock Exchange loons, and for South
Africa, and an increase of 1,136,1541. in the private
securities, being partly for the Stock Exchange ad-
vances
According to our last Constantinople advicca them
is considerable doubt about the continuance of the
government bank, which suffered a very heavy loss
in the panic, and which is supposed to be in a con-
dition very far from thriving.
One of the new banking institutions of the metro-
polis is the Trust and Loan Company of Upper Canada,
which has just been incorporated by royal charter
and by the colonial legislature, and the whole capital
of which was subscribed before any public announce-
ment of its proceedings. The specific object of the
company is to take advantage of the General Muni-
cipal Act of Canada, in lending money to the Cana-
dian municipalities at 8 per cent., and thereby en-
gage in a similar profitable business to that of the
New York Life and Trust Company, which pays 7
per cent. dividend, and has in the last twenty years
given bonuses to the extent of 50 per cent., besides
forming a large reserve fund. The government has
thought so well of the undertaking, as to deviate
from the usual course, and grant a charter limiting
the liability of the shareholders, which is not done
in the case of joint stock banks, e;ther here ur in the

townies.
No change has taken place in the London bullion
'market, except a rise in Colombian doubloons fur re-
mittance, nor has there been any material change
abroad.

The last prices of tine gold are : London, 31. 17s. 9d.
per oz.; Amsterdam, 101 to 111 per cent. ; Bombay,
161 rupees per tole; Buenos Ayms, 3 per cent. prom. ;
Canton, 13 dole. per ounce ; Frankfort, 378 if. per
mark; Hamburg, 4253 marks per mare; Jamaica, 2
per cent. prem.; Lisbon, 0.4 per cent. discount ;
:New York, 6 per cent. prem.; Paris, 0.175 to 0.2
per cent. discount; Rio Janeiro, 158 per cent. prem.
(paper), 58 per cent. prcm. (silver); Trieste, 291 per
cent. prem.; Vienna, 361 to 371 per cent. prem.;
Shaaghae, 206 dollars.
Tie last prices of sovereigns are : Amsterdam,
119. 73 to 85 ; Bombay, 103 rupees ; Batavia,
131 75 ; Bourbon, 5 per cent. prem. ; Colombo, 1 to
11 per cent. prem. ; Calcutta, 10 rupees .4 to 3 ;
Frankfort, 116. 50 to 51 •, Lisbon, 4,470 rem • Ma-
dras, 10 rupees 6 ; New York, 4 dole. 86e. ; Oporto,
4,490 rein • Paris, 24f. 95e. to 25f. ; Rio Janeiro,
8 mireis 6(10 ; San Francisco, 4 doll. 90e. ; Trieste,
136. 10.
The last prices of 20-franc pieces are : Amsterdam,
96. 40 to 50 ; Bourbon, 3 per cent. prem. ; Constan-
tintple, 91 piastres 10 ; Frankfort, 96.28 to 29 ;
Nev York, 3 dole. 84e. ; Paris, par ; San Francisco,
4 dila.; Trieste, 106.9 ; Vienna, 106. 7.
Fine silver at London is Si, 11d. per oz. •, at
Amov, 33 per cent. prem. ; Amsterdam, 1046. 50 to
105 d.; Bombay, 1031 to 104 rupees per 100 toles ;
Calton, 19 per cent. prem.; Frankfort, 249. 28
to 30 per mare; Hamburg, 27m. 12 per mare;
Lisbon, no quotation ; New York, 2 to 3 per
cot. prem.: Parr. 1.125 to 1.15 per cent.
prem.; Philadelphia, 2 to 3 per cent. prem. ; Rome,
1 per cent. pram. ; ltin Janete::, 100 per cent. prem. ;
Shanghae, 147 dole. boc. ; Tuena (Peru), 9 doll. to 10