The Express.
London, England, 1853-04-14 00:00:00

bl et
i i ill
Par /
Pa Pa
Pro
e for the account:
oni,l Gold, 3; Co-

I I 'eau
following are this day's
Frii, 21; Austratiau, 4

MONEY MAR it-LT.

WZDNESDAT EYIRINO.

The English funds were inactive to-clai;KIT
im-
proved at 4 o'clock. The current price was 100; to
for money, and 100. to for the 12th May; but
in the afternoon an influential purchase for account
carried the price to 100! to 4, at which it closed
steadily. The settlement of the account in this mar-
ket was today concluded, and gave the to no feature
of particular novelty. The settlement in shares and
foreign stocks was also in progress, but money was
easy both within and without the Stock Exchange,
there being plenty of " takers-in "of stock at very
moderate rates. The exception was in some of the
lighter descriptions of shares most in vogue amongst
the speculators, including more especially some
of the gold mining stocks ; but the pre-
valence of high rates in these cases must not be
taken as a criterion of the general position of the
market, as they merely show a weak speculation for
the rise in unsubstantial securities. There was a
considerable business in the Three-and a-Quarter per
Cents., which are remarkably well supported. Re-
duced Threes were again operated in by the National
Debt Commissioners broker. The official report of

business in the English funds is annexed :-LThree
per Cent. Consols, for money, 1004,i„ a, 1; ditto,
for account, 1001, .41'. Three per Cent. Reduced,
991, Three-and-a• Quarter per Cents., 1031, t,
t, . Long Annuities, 1860, 6 1-16, 5 15-16; ditto,
30 years, 1859, si. Bank Stock, 226.
The Exchequer Bill market remains at yesterday's
rates. The June bills were done at 3s. to 7s. prem.,
and the March at par to ss. prem. India Bonds
mark 455. prem.
Foreign stocks met with little business beyond the
settling. Spanish bonds were firmer, the Deferred
Threes closing 24 to t, but the Certificates, after
reaching 6; per cent., became heavy in the afternoon,
and finally closed 6 teal per cent. only. The atten-
I don of holders is at present directed to Madrid,
where the debates on the new loan have been very
warm, and have led to the suspension of the Cortes
and a ministerial crisis. Mexican bonds were again
a shade flatter at 271 to t. Peruvian Scrip closed
3; to 4 prem. The rise in the Deferred debt of this
state is well supported. Turkish Scrip, as a matter
of course, remains firm at former prices. The amount
of bonds received to-day at the Turkish Loan office
was 5,860,000 francs. It is stated that Messrs. De-
vaux gave up all claim to three-fourths of their
commission to facilitate the payment of the indem-
nity to the scrip holders. We perceive the committee
prior to dissolving, passed a veto of thanks to the
firm for the assistance rendered, and for their libera-
lity in defraying the legal and other expenses of
the committee. ltquador Bonds are very firm. The
" contango " on Mexican was 1-10 to I ; on Peruvian
Four-and-a-Half per Cents., 1-16 to ;on Granada
Active, which closed 231 to 24, 1-16 to r, ; and on
Spanish Deferred, 3to 7 per cent. per annum. The
list of sales is thus rendered : Brazilian Old Five per
Cents., 101, 1001 ex div.; ditto Four-and-a-Half
per Cents., 1452, 991 ; ditto Five per Cents., 1829
and 1839, 1021. Danish Five per Cents , 1051.
Dutch Two and-a-Half per Cents., 66 ; ditto, Four
per Cent. Certificates, 971 !„ 961 ex div. Ecuador
Bonds, 81, 6. Granada Deferred Bonds, 111. Peru-
vian Four-and-a-Half per Cent. Bonds, 88; ; ditto
Deferred Three per Cents., 67, 1, ex div, ; ditto for
account 28th April, 661 ex div. Spanish Old Three
per Cents., 484 ; ditto, New Deferred Three per
Cents., for account, 24, ; the Committee's Certifi-
cates, 61, GL, 61 per cent. Turkish Six per Cent.
Scrip, 3I„ 34, 31 prem.
Notice has been issued by the Spanish financial
agent in London that the 17th auction of the Foreign
Redeemable Debt will take place at Madrid on the
29th inst., for which purpose 730,000 reals have been
assigned by the government. Tenders will be admit-
ted at the Spanish Commission until the 19th inst.
This is but a small sum to be applied.
The General Screw Steam Shipping Company's
steamer Indiana, which is fixed to have Southamp-
ton for the Cape and Calcutta this day, will take out
about 80,0001., chiefly in silver.
The commencement of the railway share settling
has imparted a fiat character to that department of
the market, but there is no change of moment.
Numerous " bear " accounts liming been recently
closed, upon the fright caused to speculators for a
fall, by the announcement of the government finan-
cial plan, the market is now unfavourably affected by
the absence of this support. There is, however, no
pressure of stock, and 'he flatness appears to be
mainly the result of diverted speculation. Subjoined
is our usual list of the rates of continuation, viz.:

_
Contango.
London and North Western to
Midland
Lancashire and Yorkshire
Great Western to
of
South Western -16 to 3-16
York and North Midland l-32 to 3.32
Berwick- -32 to 1-16
Eastern Counties 4 per et. to le.
per share.
Dovers
Orcat Northern' l-32 to 3-32
Caledonians -16 to k
Oxford and Worcester l-16 to
The contangos on French shares were light.
Northerns continue snore wanted than other shares,
and Strashourgs were less plentiful than of late ; but
Lyons were abundant. Strasbourg. are noted
" even" to 1-16 contango ; Lyons, 1.16 to s contango;
Westerns, 1.16 to 4 contango; and Northerns, " bor-
rowers." On Iteziers and Graisaessac shares the rate
of contaugo was 1-32 to 1-16, even 3-32 being paid.
This is a very heavy rate, 1-16 being equal to 37 per
cent. per annum, there being only 41. paid ou these
hares.
Our advertising columns have already contained
the prospectus of the Grand Trunk Railway of
Canada, the arrangements for which are at length
completed. The object is the amalgamation of all
the companies whose railwals intersect or join the
main trunk line with the brand Trunk hallway
Company, so as to firm one company. Accordingly
a fusion will be effected of the lines known as the