The Express.
London, England, 1847-03-06 00:00:00

made his appearanee as a seller to the extent of some 70 or
80,0001. in Consols. A general dean. of prices was tho
consequence, not from the extent of the sales, which in an-
other state of affairs would have been of little importance,
but from the weakness, of the market. From 901 to 1 for
money, and 901 to 1 for amount, which ware the opening
quotations, Consols gradually fell to 891 to 90 for money and
90 to 1 for time, at which they closed with the regular hour
of bus&ens. Soon afterwards they became sellers at 90 for
account. Consols scrip, in like manner, declined from 11
pm. to Ito 1. Threes Reduced were 901 to 1. Three-and-
a quarter per Cents, 921 to 1. Long Annuities, 9 9-16th. to
1. Exchequer Bills, 3a. to 6s. pm. The Advertised Bills
being now sent into the Treasury for renewal or paying off,
are without quotation.
In the foreign market the transactions were of no greater
account than usual,- but with prices all more or less
depressed. Although so little business waa, as usual, doing
In Spanish Bonds, the rates continued in decline ; the Five
per Cents. were nominally 23 to 1, the Threes, 331 to 4, but
at these quota ions it would be difficult to effect sales of my
quantity, so unsound is the market, and so persuaded are
the holders of bonds of the embarrassed state of the Spanish
treasury, and of the want of honesty in the Spanish govern-
ment. Portuguese were called 331 to 41. Dumb Two-and-a-
hat per Cents., receded to 581 to l ; the Fours to 921 to 1.
Various parcels of Russian stock were brought to market,
which was rather an unusual occurrence, and realised from
1091 to 1104, leaving the quoted rates 109 to 11l ex divi-
dend. Mexican, with scarcely more than • bargain, were
211 to 21.
Foreign exchange ruled rather more firm, and, on one or
two places, a shade higher than last post day . On Amster-
dam the negotiations were 12 2 to 21 ; on Rotterdam 12.21
to 1 ; on Antwerp, 24.65 to 70; on Hamburg, 13.9 to 4 ; on
Frankfort, 120/ to 1; on Paris, 23.60 to 60 ; on Vienna,
10.01 to 1 ; on Leghorn, 30 to 30.05 ; on Naples. 401 to 1 ;
on Madrid, 361 to I—all at three months. On Lisbon, at 60
days, 531 to 54.
An advertisement in the Daily Nem this morning of
tenders for loans to the London and North-Western Railway
Company, to be paid interest for at the advanced rate of
5 per cent. per annum, excited much attention, and rather
took people by surprise. It was considered, rather super-
ficially perhaps, that a powerful, high-dividend-paying, and
lame capital-endowed company like that, should be enabled
to borrow money upon easier terms. Its securities in many
quarters are held to be scarcely or little inferior in value and
solidity even to these of the government. The fact should,
however, rather be taken as a sign of the times, and with.
a regard to accompanying circumstances. In the present state
of the money market, with no very promising prospect for
more immediate future, it was right, the money being
wanted, to bid fairly and boldly for it, so as not to miss the
mark. The company has been, perhaps, much too ambi-
tious of extending its operations and securing a sort of mono-
poly upon a large scale, which is the besetting sin of mast
companies ; but once committed to Holyhead and other ra-
diating or onward branches, there remains no choice; the
necessary capital must be raised as best it can be.
The little anxiety shown by the contractors of the new
loan to support the market, that is, to keep the prices of
snip at a higher premium, has rather surprised and disap-
pointed the hunters after premiums merely. In fact, how-
ever, it is understood that the contractors are no large holders
of the loan on their own account, and they have acted well
and properly in any ease in leaving the new scrip stock to
find ate own level and float freely with other stock values in
the market. The loan, it is believed, was fairly ppo tioaed
out among the numerous applicants, and especialljramong
those more particular and wealthy connexions of the con-
tracting houses, who embarked in it for real investment, and
not for jobbing purposes. It is stated in quarters likely to
be informed, that the Messrs. Rothschild hold no more than
merely replaces the stock they had diapered of some time
previously. Messrs Barings are said to have placed out their
part of the loan so extensively as to have little left for them-
selves.
The bank of Marseilles, it is stated in the French ripen,
had found it necessary to raise the rate of discount to 6 per
cent.
BANK OF ZNOLAND.—Aceovere for Ole woes MIA, Feb. 27.

NOW Wiwi SSliiiiiF

I?ea4

. ...
fl—roaldOeo . —....
1,044,100
0014 Cola and Borneo 5,001,428
BUT., Bullion 1,1411.332
613-441-00

r.watow c.sta tiijiiooo
200,220
Patolle Drpalts(tacluellag
lizebegrr, Nei. BAKU,
Cemosinkeems
. _

rsstos...
Ooveromeat Pecaritleatlw
delimit Dose Weight
rl• •• ........ titiskrat
OUter Securities
Notes
gala sal Saver Coto aU,114

littrts; 11,911.187
(Mar Deposits 9.121,06
Same-41W etber BUJ 11113,834
1.314a1401

Muth I. 1147.

• £34 321P311
Chief Cubit.
PUNDI.

Bask Matt, WI
per CI. Rad. Ws, 99.
3 pr (39 Caw .9.993.,5•4 'Si N
New 39 per Cott Ama9/des, 9 1
Last Aug., n.l J...,15M,19.11111
19133 8393/3, PPP

0;;;44-.Coe Ant .401 44
0.4464 Scrip, 14 0 j pm
ineb446er bilk. IRON., biL, 4 l 6
4416 e 7 4
Dem, Hal, 14 7

ii.;F;:t. Sputa 166e4, 1141
Ditto, Ares, Nue 16,14
46 prr C,. Mean 13,14.. 46.164.156
21 ;or Cola. Dutch Rulaag, 11
DI u GILL. NI
ASCI.. Nam% If, 514
6 yer thmt. Dutch Onsilicass, 66/
ADD STOMA AN11.41•14

I per C.f. Yeskzea,ll44,
Deese, Lem. Keselb 111, 111 *
4 per Ct. Pertverseee Heade. Leer .44
I per Case Rosales Boob, lOU,
tic. Nee 10* 111
I per Cr. Snake& &AIL Aget.,llarek
11. 23*