The Express.
London, England, 1851-02-13 00:00:00

COMMERCIAL AND MARKETS.

MD ICING-LANE.---THIS DAY.

At the

market continues firm ; the only public
sale brought forward to-day was one of 1,000 cases Bahia,
nearly all of which was bought in, at full prices, 345. to
MS, ed. Refined dull. Grocery lumps, 495. to 51s.
Corn:.—We are again without a public sale, and no
sales reported by private contract.
Cot o s.—The public sales were all bought in at previous
rates.
_ _

TLA.—The market is rather more firm. A fair amount of
bu4ness has been done in medium qualities at previous
rates.

CorroN.—The large public sales of 6,000 hales, were
nearly all bought in for want of buyers at previous rates,
a portion was !,.old at a decline of .1 per lb.
INDIOO.—The sale is again progressing heavily, and
importers are obliged to withdraw and buy in largely, to
support the opening prices.
Itier.—About 2,000 bags low Madras sold by private con-
tract, atlas. to ss. Od._ . _

The Board of Trade tables fur the year ending sth Jan.,
1851, were issued yesterday, from which it appears that the
deliveries of sugar for home consumption in the United
kingdom eteeed that of last year by 9,497 tons. Tea
shows an excess of 1,153,00011 w., and an excess in the ex-
portation of 170,0001b5. ; but the importation fur the
scar shows a decrease of 2,946,5001 h.. Coffee shows a &crease
so the deliveries for home consumption of 3,204,5001135. (and a
decrease in the revenue of 76,3961.; whilst cocoa has de-
creased 139,2001b5. Rum shows a decrease of 138,192
gallon+. Brandy shows a decrease of 326,750 gallons. Pep-
per decrease 84,10011 w. Cinnamon 34,21811 w. Cassia lignea
increase 14,039115. Nutmegs a decrease 12,8031b5. Mace
an increase 1,35711 w. Pimento an increase 143 cwt.

TALLOW MARKET.—THIS DAY.
The market is quiet for forward delivery. Prices are
quoted u follows :—Town Tallow, 375. to 37e. 3d. ; Peters-
burg Y. C. on the spot, 37e. 6d. to 9d. ; Feb. and March,
37e. 3d. to &L ; last tkea mouths, 380. 9d.

SMITHFIELD HAY MARICET.—THIS DAY.
Meeire.CooperandDavie report trade dull, at the following
quotations: ?rinse Meadow Hay, 75e. to SO& ; inferior
ditto, 130 a. to 70e. ; ltowen, 60e. to 63e. ; Claret, 70e. to
nOe. ; 2u4 eat, 635. to 70s. ; Straw, 23.. to 375.

RAILWAYS.

TIIIS DAY.

Two o'CLotic.
it of business this morning

shares looked well, and attained a still higher range,
but, on the development of a downward tendency in
the English funds, this market quickly sympathised,
and prices temporarily underwent a sensible depres-
sion. The market has since rallied, however, and
now appears good again. York and North Midlands
arc rather lower, in consequence of the announce-
ment that the dividend will be only 10s., instead of
12s. 6d., as was by many expected. On the whole,
there has been a large business, most descrip-
tions continuing in good demand, and further
activity has been imparted by the arrangements
now in active progress for the settlement of the
fortnight's account, this being " ticket-day." The
rates of '' continuation" to the next account, as usual,
vary considerably, but, on the whole, they are heavy.
London and North Western stock was last done at
133; Great Westerns, at 921; Midlands, at 661.

rug °Mall RAILWATI.

elasuag prices
Yesterday.

[THREEPENCE.

MONEY MARKET.

THIS DAY.

Two oTt.ocit.
Notwithstanding the support afforded by tho
presence of the government broker as a purchaser,
the market this morning experienced a sensible
decline, Consols receding to 961 for cash, from
which depression prices have only partially re-
covered. :Rime degree of caution was induced
by the apprehensions entertained in sonic quar-
ters of a movement at the meeting of the Dank
Board to-day, but the chief cause of the depres-
sion seems to be found in the rumours which
were circulated to the effect that a defeat of ministers
on Mr. Disraeli's motion is not improbable, in
consequence of the falling away of the Irish
members, who are disgusted with Lord John
Russell's conduct on the papal question. Attention
is also directed to the Chancellor of the Exchequer's
financial statement, which will be made to-morrow,
parties about to operate preferring to wait the result
of the details to be given on that occasion. How-
ever, the market now looks rather better.

Consols opened 964 to fur the account, and after
being depressed to 961 for cash, and 96! for time,
are now quoted 96 to and 96S to a respectively.
The prices of business are: Three per Cent. Consols,
MI, ; ditto for account 96a, i• Reduced Three
per Cents., 971, ; New Three-and-a-Quarter per
Cents., 981„ 99, 981; Long Annuities, 1860,71; Bank
Stock, 215, 2151.
Exchequer Bills are steady at 578. and 5-Is. prem.
India Bonds are looking down. The large bonds
murk 655. and 625. prem.; ditto small, 613.4.
In the foreign stock market the settlement of the
account is in progress, but the onlv stock in which
any material change is to be noted is Spanish, in
which very little confidence is felt as to the capabi-
lities of the Spanish budget.
Yesterday lousiness was done in the Active Bonds,
as high as 29Z, but they receded to 201, in the after-
noon, and to-day the market opened still lower,
prices falling as low They are now slightly
better, however, and have rallied to about 19&.
Russian stocks remain firm. The following
are the rates at which sales have been of
: Buenos Ayres Six per Cents. 52.
Chilian Three per Cents., 63. Two-and-a-llalf per
Cents. Dutch, a 8 ; ditto Four per Cent. Certificates,
91 s, 1. Five per Cent. French Roden, Kf. 7:k.;
exchange, 2.1 f. 95c... Mexican Bonds,„

Peruviiin Four-and-a-Half per Cents., 1810, 801;
ditto Iklemed, 30. Portuguese Four per Cents.,
331„ 1. Russian Five per Cents., 114 • ditto Four-
and-a-Half per Cents., 97:4, 4. Spanishi Active Five
per Cents. 191, 20, 191; ditto Pittance Bonds, 41, 3;
ditto Three per Cents., 381.
The subjoined table gives the aggregate weekly
average of the note circulation of the United King-
. dour, as it stood for the four weeks ending the 4th,
11th, 18th, and 23th of January, being the latest
date to which the returns have been collectively eorn-
pleted for all the banks of issue; and also the results
as compared with the returns for the previous four
weeks ending the 28th of December:

Bank of mod... --
Private benk.
Joint stack boob

Total In Eng1and.........
Scotland
Ireland

United KlNOnen. ......

Ilea. 7+a
72; 1002n.02. 18101510856
g g t t
14,514. 19,3.4.372 1,071,1°0 -
;150,682 1.573,302 IV 6'B -
;697, 2,739,640 4NIIO -
—..
24.140,11111 113,990,221 1,110,314 -
1,3{5, 324,4..4 - *IK
4,.36,144. 4,76 •,Il*l - 74,30$
12,151,626' 33,915.4141 11,072.6112 i-1--

Showing an increase of 1,240,314/. in the note cir-
culation of Englund and Wales, and an increase of
1,072,842/. in the eireulation of the United Kingdom,
when compared with the returns for the previous
four weeks ending the 2fith of December.
On comparing the above returns with the fixed
issues of the several banks, we find the following to
be the state of the circulation:

The fixed issues of the private latnks of England
and Wules being at present 4,788,P043/., it follows
they were 1)elow the amount, 1,215,563/..

'the fixed issues of the joint stock bank, being
3,409,9fi71., it followa they were below the amount
U 51,3471.

The fixed issues of the Scotch banks lsing
3,0t47.2091., it follows they were above the amount
M 5,276/., but with specie in hand to cover the execm
and bones for 780,84i8t. besides.

The fixed issues of the Irish banks heing
6,354,491 t, it follows they were below the amount
1,571,8U1., with specie in hand to cover issues for
1,360,599/. besides.
We find, therefore, that the note circulation of the
private and joint stock banks of England and Wales
was 1,596,910/. below the amount authorised to be
issued; and that, inclusive of Scotland and Ireland,
the circulation was, on Walla., 3,3413,4771. below the
fixed amount.

The average amount of coin and bullion held by
the Bank of Englund in both departments daring
the four weeks ending the 25th ult. wan 14,1307,2.151.;
showing a decrease on the previous mouth's return
of 910,3511.
The average stock of specie held by the Irish
banks during the same tenn was 1,380,400/., being
an increase on the return for the previous four weeks
of 77,3a5L
The average of specie held by the Scotch banks
during the same term was 949,1441; decrease on the
previous month 31,0461.
As compared with the corresponding period of
1850, the returns under review show the following
differences in the circulation :

Jar. 26, 1 Jae. 23,
1890. 1691.
19,9119,262 19 384,3721 493,090
3,939,343 3,313,320..
3,6410,324 3,723,6401 48,116
31,461,1531 25,390,132: 429,179
3,112,890 3,233.463, 131,626
4,649,3241 4,794651 119017
—31,243,1136.-33,915,4401-691,931

Bank of Enattuid
Private banks
Joint4trAk banks ...]

TotalinEngland..

Bcotland—w
lrelsod

thiltad Kin 401111.... ..... I

117,023

Showing an increase of 429,1791. in the note cir-
culation of England and Wales, and an increase of
&41,8321. in the circulation of the United Kingdom
aScoMpoaredf
18,50wi.th the returns for the corresponding
period
/MOLISE/ FuNnt—TAU Dee.
Itiat Stott. 2141 113 3 per Ct. Coe. Ace. 063 j
3 pr Qt. Itod. mink, KR 33tr Cut WI 1
3pa Aura, 961 ilossiollt rnt, 67...
Spat Ct. Au.tdaa DOWN. 11 pee Ct. Grenada 12 14
44 per Cl. Bela. Boo& 3 Grenada Deferred 114... It 4/
# par Cent., S pee et. Mex. tale, 334 3
6
we Cl. Itradltan Ede. 02 4 114 per OLPeru. tan Ude isul
Ditto Nee. 00 3 Porlusueee Converted 33 1
6 per Ct. Hoene. Arm. Id 3 Sew Co. hum. B D., 113 14
(per Ct. Chlitan 104 4 Ditto lipani.b 11/14.. 104 20
Ditto Columb. Dd. 13 per Co. Spauleh Bile., 374 01
Columb4M Demeter Db.. 34 4 Do. Deferred Ddb.,
3 per Cl. Denten 41.1 a., 7d le) Ditto ream: Bt.. 41 64
23 prr Ct. WWII Ms.. 643 9 2 per Ct. Venezuela Ikla.. 30 2
4 per Ct. Dutch Corte.. 013 2 I Vaulted* Deferred Beata. 11 12
LATEST FOREIGN EXCIIANGES.

PARIS, Fos. IL For i Yoe Account.
Weep. Opening 11Ugheot.;I I Lowest. Mon.&
3 per Cents. — 58 13 ; 58 43 1 n 54 , es 31 ' 38 40
5 per Cents 97 8 47 30 '9725; le 93 97 8
5 8
per per Conti.Cent'. New Leen ... I 97 101 9713 1 97
.10 97 13
Do . ...
4 per Cenie.

Radians* an London: at sight, 24 974; 90 4111.24 90.

Belgian, 3, 1810 — Money.
Do. 3, Did —
Do. 49
Do. 24 lB3O
Piedmont & p. Cants. Si 90 ...
13orn.z.—Vereailles (right
168 75—Psda and Orleans. 652
Bonen and Rare, 276 23—Mama
boors ra Bale, IG: 50—Cents
Bordeaux, 400 —Nortbern, 481 &S-
-limes and Nantes, 231 30—Montire
Roams, 21i—braid emote, MO.

Naples Rintas ..... (Toney.
Roman Loan, 1850 :7
Do. do. 1330 77,1 ...
Treasury Bonds —
Bank Shares 2245
t bank), 175—d0. (left bank),
30-I'ada and Rouen, 572 afi—
dlea and ATilooll, 190 35—Straa
re (Vierrna) 420-o:leans and
I—Paris and Strasbourg. 383 75
mu and Troyes, 90 75—Daggs and

MADRID, Fen. B.—Three per Cents., 34 7-16 ; after Bolsa,
341 cash, 34 7-16 paper. Four per Cents., 121. Five per
Cents., 141 ; after Bolsa, 141 cash. Coupons, 7t; after
Balsa, 71. Pasting, ; after Bolsa, 61 paper. Bank of
St. Ferdinand, 97 paper. Eachanße on London, 60.6.5.
Banits, Fen. 11.—Voluntary Loan, 106 ; New Loan,
Four-and-a-Half per Cents., 100 E; National Debt, 841 ; Com •
mereisl Marine Society's Premium, 1281 ; Bank Shares, 96/.
VIENNA, FEN. 10.—Five per Cent. Metalliques, 971 ;
Four-and-a-Half per Cents., ditto, &51. Bank Shares,
1197. Esehange on London, 12.36.