The Express.
London, England, 1853-04-25 00:00:00

MONEY MARKET.

SATURDAY ERRING.
The English stock market today was materially
stronger ; and, at the termination of business, the
stock and share markets exhibited a firm appearance
throughout, Tho success of the Ministry in the
House of Commons last night is considered as almost
insuring the success of the Budget; and, as a result,
a feeling of general confidence has been imparted to
operators in the security markets. Consols rose from
1001 to 100,1 for cash, and the final quotation was
1001 to 1 for both money and the 12th May. In
face of a quiet business this rise is the more remark-
able. The Three-and-a-Quarter per Cents. continue
comparatively dull. The official business report in-
cludes Three per Cent. Consols, for money, 1001, 4, 4 ;
ditto, for account, 1001. 1. Three per Cent. Re-
duced, 991, 100. 'l'hree-and-a-Quarter per Cents.,
1031, N. India Stock, 262. South Sea Stock, 116.
The market for Exchequer Bills his rather
flat, especially for the June issue, respecting which
some uncertainty is felt, but there is no material
change in rates. Business is marked in the June
Bills at 4s. and Bs. prem., and in the March at 4s.
and 7s. prem.
Spanish stocks were rather better to-day, the De-
ferred closing 23; to 241, and the Certificates 6; to
71 per cent. Peruvian Bonds are also looking up,
especially the Deferred, which reached 681. The
rise in this stock, however, is rather checked by a
supply, the Deferred Bonds being relatively consi-
derably dearer than the Four-and-a-Half per Cents.
Indeed to-day there were some exchanges from
the former into the latter. The Deferred Bonds
closed 671 to 681, and the latter, 31 to 4 prem., after
reaching 41. Mexican Bonds show no change,
standing at 271 to 4. Granada Actives closed 23 to
24 ; ditto Deferred, 111 to 1. Buenos Ayrean, Ecua-
dor, and Greek bonds show a rather up ward tendency,
and Russian stocks are very firmly supported.
Transactions are thus recorded:—Belgian Four-and-
a-Halt per Cents., 1001 (exchange, 25f.) Brazilian
Old Five per Cent,'small bonds' 101. Buenos Ayres
Six per Cents., 66, 67. Dutch Four per Cent. Cer-
tificates, 97, 961. Ecuador Bonds, 61, 4. Granada
Deferred, 111. Greek Bonds, 1824 and 1823, ex.
overdue coupons, 10, 101. Mexican Three per
Cents., 271 ; ditto for account, 28th April, 271.
Peruvian Four-and-a-Half per Cent. Bonds, 89 ;
ditto Scrip, 41, 4 prem.; ditto Deferred Three per
Cents., 68, 1, 68. Russian Five per Cents. 120 ;
ditto Four-and-a Half per Cents., 'lO4/. Sardinian
Five per Cents., 974, 1, 4. Spanish Old Three per
Cents., 48, 1 ; ditto New Deferred Three per Cents.,
241, 231; the Committee's Certificates, 61, 71 per
cent. Swedish Four per Cent. Provincial Mortgage
Loan, 15 dia.
The annexed rather unsatisfactory communication
from Mr. Mocatta, the agent of the Ecuador bond-
holders, has been handed to us by the committee of
Spanish American bondholders:—

ECUADOR DEBT.

Committee of Spanish American Bondholders,
8, Broad-street-buildings, 23rd April, 18.53.
The following is an extract of Mr. Mocatta's letter,
dated " Guayaquil, 2nd March, 18.53.-1 regret I am still
prevented sending home anything definitive. The commis-
sioners felt aggrieved at some comments I felt it my duty to
make on a proposal they submitted ; since which we are
treating only by official notes, and thereby causing much
unnecessary delay; but they are still very wide apart from
what I think right to submit to you. I have new requested
them to apply to the government for fresh instructions and
an ultimatum, as I can no longer submit to further delay ;
thus, by the cussing steamer, I shall report definitively.'
The subjoined is from the committee of Spanish
bondholders. Mr. WeisweWer, with his usual vigi-
lance, is again urging the claims of the coupon
holders upon the attention of the new Spanish Mi-
nistry :
Mr. Weisweiller has sent a reclamation to the present Fi-
nance Minister of Spain, Senor Bermudez de Castro, on be-
half of the certificate holders. Senor Bermudez de Castro
was formerly an advocate for the just rights of the coupon
holders, and therefore it is to be hoped, as Minister, be will
carry out his formerly expressed opinions. Mr. Weis-
weiller will forward the minister's answer as soon as re-
ceived.

The imports of the precious metals this week have
comprised the undermentioned sums ; viz., by the
Asia, from New York, 47,000 dols. ; by the City of
Glasgow, from Philadelphia, 5,000 doh.. ; by the
Ballarat, from Port Philip, 78,114 ounces of gold;
by the Tay, from the Brazils, 3.501. in British coin
(besides diamonds to the value of 12,000/.) ; and by
the Great Western, from the West Indies, 808,8.53
dole., of which 509,095 dole. were in gold and 298,760
in silver. The Franklin has also come over with
200,000 dole. from New York, but the greater
proportion of this is understood to have been for
Havre. It is interesting to notice, however, that this
treasure is in gold dust and ingots, the shipment
being chiefly prompted by the operation of the new
United States law Imposing a seignorage of vper
cent. on coining gold. We drew attention to this
fact, and to its probable results, a few days ago.
Rather singularly a New York journal fell into the
error of stating that the effect of the new law would
be to diminish the shipments of gold to this side, but
it has since corrected itself. the total imports of
the week sum up nearly half a million sterling.
The amount of bills drawn by the East India Com-
pany on their respective Presidencies from the Bth to
the 23rd inst. is as follows:

Bengal L 53,290 12 3 I Rate of Exchange
Madras
Bombay

Total £37,835 9 7
Australian Agricultural shares rallied to-day to
83 to 85. British American Land were also better,
closing 79 to 81. South Australian Bank shares ral-
lied 11., but the other colonial banks were flatter,
especially Australasia and Oriental. Shares of the
Provincial Bank of Ireland have been done at 49;
London Docks, 126; General Screw Steam Shipping
(12/. paid), 104; Peninsular and Oriental Steam, 83,
84 ; ditto (251. paid), 46, a ; Royal Mail Steam, 73;
ex div. Grand Central of France Railway shares
opened well, but receded to 31 to 34 prem. Berlin
Waterworks closed 1 toy prem. ; Grand Trunk of
Canada, 1$ to 11 prem., being higher ; North of
Spain Railway, par toy prem. ; Royal Danish Rail-
way, 3 toy prem.; Melbourne Docks and Railway,
1 to a prem.
Annexed are the latest reports from continental
bourses, as received by Mr. Reuter's telegraphic ex-
press : Amsterdam, Friday : Dutch Four per
Cents., 944; ditto, Two-and-a-Half per Cents.,
63 1-16. Spanish Deferred Three per Cents., 231;
ditto, Three per Cents., foreign. 474 ; the Coupons,
6 11-10 per cent.; Mexican New, 26 11-16 ; Portu-
guese New, 394; Austrian Five per Cent. Metallics,
801. Vienna, Friday: Five per Cent. Metallics,
941; Exchange on London, 10.50 cash. Madrid
Tuesday : Spanish Three per Cents., 43 9-16 ; ditto
Deferred, 244 ; ditto Coupons, 4.
The total receipts of railway traffic on all the lines
in the kingdom for the last week arc thus stated by
Ilerapallis Journal:
Total No. of Average receipt
receipts. miles open, per mile.
1853.... £296,064 6,669 £4l 8 0
1852.... 275,653 6,367 43 5 0
1831.... 262,822 6,334 41 5 0

THIS DAY—Two O'CLOCK.

The English stock market remains well supported
at the advance of Saturday. Consols have been for
a time quoted 1004 to 101 for account, and, on the
other hand, have been sold at 100= for cash„ but
the prevalent quotation has been 100 i to for, money

and the 12th of May. The There per Cent_duced mark 100 to 3; the Three-and-a-Quarter
per Cents., 1031 to 1; Bank Stock, 2261; India
Stock, 262; Exchequer Bills, June, 45., Ss. prem.;
ditto, March, 78. prem. There is no activity ob-
servable.
Business in the foreign bond market is also quiet
and prices are generally unchanged. Russian stock,
arc firm, and there has been a little fluctuation is
Greek Bonds, which have been done from 94 to 11.
Mexican Bonds mark 274 to 4 ; Peruvian Deferred,
63; Portuguese Fours, 40 ; Russian Fives, 120 to 1 ;
Spanish Old Threes, 43 to 1; ditto Deferred, 231
to 24; ; ditto Passive, ; Certificates, 64 to 73 per
cent. ; Equador Bonds, ; Austrian Five per Cent.,
101.

COMMERCIAL AND MARKETS.

MARK LANE.—THIS DAY.
There was not much English Wheat at market this morn-
ing, and factors experienced no difficulty in effecting sales ;
picked samples brought Is. more money thou on Monday
last, whilst the general runs were sold on terms fully equal
to that day's rates. In foreign Whit it but little business
was done, and prices must be quoted nominally the same u
before. Flour was unaltered an value.
Barley was in short supply, and its value well supported.
With increased arrivals of Oats, the dealers were more
free buyers at late rates.
Beans and Peas sold on much the serge terms as last
we. k.

lied Cloyerseed realised ls. t) 21. per cwt. advance upon
recent cheap sales.
aIItIVALS L4TO L021114/N FROM APRIL 11th to APRIL 73rd.
OM Ragßel. Se4tob. Irish. torc,9s.
Wtett 3193
Oats . 72,191
Earley 1
1100 I :90 66'7
1,49 291 I 11914 1043
14.511 .....
Flour. 4170 trrrrelo and 4236 sacks.

MINCING-LANE.-THIS DAY.
The private con:raet markets are inactive to-day; but
Tea has been more inquired for, partly from opinion being
more generally in favour of the Budget passing, and partly
from the progress of the rebellion in Chins.
METALS.-Iron Scotch pig is quoted the same price as
last week. Bar and other descriptions are quoted rather
lower Lead without alteration in prices. Tan : Block is
quoted 108 s., being a further reduction of 4s. East India
as also quoted lower. Spelter quoted 201. 10s. Copper
steady in demand, at last week's prices.
Oti.s.--Seal, pale, 331. 10s. to 34/. ; straw, 311. 10s. to
321. 10s ; brewn, 301. 10s. to 311. ; sperm, 891. to 901. 10s ;
headmatter. 901. to 911. 6s. ; cod, 331. 10s. to 341. ; South
Sea, 34/. to 37/. ; Olive Gallipoli, 691. 101. to 70/. ; Spanish
and Sicily, 661. to 671.; palm, 331. 10s. to 361.; cocoa
nut, 371. 10s. to 401. ; seed, rape, pale, 361.; linseed,
271.15 x. to 281.

SMITHFIELD MARKET.—THIS DAY.
We have an increased supply of Beasts, consequently
there is an effort to buy at less money, but, for the most
part, late prices are realised. In choicest qualities there is
no reduction. The number of Sheep is about the same as
of late ; the cold, wet weather is exceedingly against the
sale of shorn Shcep. Best Downs in the wool are no
lower; Indeed, the reduction is merely in big fat
shorn Sheep. Although the weather is very unfavourable,
good Lambs and Calves cannot be quoted lower. From
Germany and Holland there arc 945 Beasts, 470 Sheep, and
209 Calves; Scotland, 450 Beasts; Norfolk and Suffolk,
2,300; and 300 from the Northern and Midland Counties.

. Ye; etoue of elte. .. .1. .. .1. , Per ..toot of 4.4 i ... .. .d.
fteet Scot., Herefords.. 4 4 4 4 Beet Bus. aII f.-bds. !ID 4 4 4
Beet dbort.ltorna ...... 4 2 4 4 i Beet Lone.rfoole
deoond quality Beaste.. 210 3 6 . Do. do. Sbore
Calve. ................3 8 410 Ewes and Krooatl quality 4 0 4
P,ss
Best Dna a 11.Jf-breel. 6 0 6 4 ,'web. ... .... 6 8 6
lieut. at Buffet. Ca 54.4 u and lambi. 20,230; Calve.. 8O;
N.. 173.