The Express.
London, England, 1850-01-21 00:00:00

MONEY MARKET.

SIVICADAT ETIXIIIIO.
The English stock market opened with increased
firmness to-day, ;which was folly sustained to the
close. Consols were first called 961 to; for money,
and 961 to z for account; at this they remained for
some time, and were next done at 97 for cash, and 971
for account ; this sudden rise, however, was only tran-
sitory; and they soon declined, being last marked
961 r prompt, and 961 for time. They closed offi-
chilly at 964 to for money, and 961 for account ;
but after the regular hours the price was called about
lower. The Three per Cent. Reduced marked 96/
and 97. The New Three-and-a-Quarter per Cents.
were done at 981, 991, and last at 99.
Exchequer Bills of all kinds were done at 58s.
615., and 56e. ; and India Bonds, 98s. prem. India
Stock marked 2671. South Sea Stock, 1071.
The business in the foreign house was rather
limited. Guatemala Bonds declined from 36 to 32.
Peruvian were in favour, and touched 691. Russian
were done at an advance ; they marked 110. The
business reported is the following—Brazilian Bonds
at 89. Buenos Ayres at 50. Equador at 4. Gre-
nada at IN ; ditto Deferred at 31. Guatemala Bonds
at 36, 36, and 32. Mexican for account at 291 and
1. Peruvian Four per Cents., for account, at 671,
691, and 681 ; ditto Deferred at 23, 1, and 4. Rus-
sian at 110. Spanish Five per Cent. Actives, for
account, at 19 and 1; ditto, Five per Cents., dividend
hem May, 1841, at 15 ; the Three per Cents., for
account, at 381 and 1. Venezuela Deferred at 101
and 1. Four per Cent. Dutch Certificates at 86.
There ham been 'parody any perceptible difference
in the vales of money during the week, notwith-
standing the large amount received by the public
during the last ten days from the dividends.
Money certainly is not cheaper. It may be
said, it is more easily placed on call without
any augmentation in the rates, whilst die-
coent of first class bill, continues, as heretofore,
at 21 to 21 per cent, in Lombard-street. We under-
stand nevertheless that a large amount of six months
India bills has been done by a lending firm during the
week at 2 per cent. Judging from appearanose and
various indications, we are inclined to believe that
money is now at its lowest point in value, and
that much which was floating is now begin-
ning to be absorbed in various ways, and
will dimmer from the market. We do not,
however, from this anticipate any immediate rim is
the value of mousey ; but we repeat, that from the
under current of monetarylaf6iirs, which sometimes
may be traced ea the surface of pairing events,
we are justified in concluding that gamey is
not likely to be cheaper than it is ata
seat, but the reverse. The speculations in a
ane this week have not been quite so ac-
tive; this we have no reason to believe is to be attri-
buted to any want of facility in the money market,
but rather to a sound discretion on the part of the
mercantile immunity t and, therefore, from this
source we entertain no apprehension, nor do we anti-

dpata . hareem! *ha of any importasoe for
on the 'extreme prices at whit*
Cossoil ma Bill. were negotiated each
day thrift Oa t
a°l44%ver
NNW* laved CNN
hie& Prise. Pries.
Igretbr.-Comois tar Now NI
Per urns (les. 18)... 87
Tsai" Par Naltry - . .. -.
Far aseort ......»...... N to
warmly For sew
Par ma= MN. 10- 51 .lllll to
NNW" he s.us
1 MI Nto
Ng ansout Sri Ite I
moo Par raw ... . N to
For rommt
~mil
to
Islamic 7or now . 57t0
_ lor aissrot • i .

lullaft. is,'
Thebsee. Lo mat. Risks& Lowest
Maese7 elm pm. ... ... 625. pm. ... Ns. ma.
Tames, . . elm pm.... Pm pm. ... elm pm. ... IS.. pm.
Waftemem ecei. pm.... 17e. ... ram pm.... MM. pm.
Mani, ..._ 61a. pm. ... bee pm.... e 2.. pom ... Sem pm.
Fries 4ols. pm. MM. pm.... 01e. pm... Sem pm.
els. me. ... bee. pm.... elm ... els. pm.
The dealings in Joint Stock Bank Shares this week
are the followtog :—Bank of Australasia (401. paid)
at 223 British North American (601. paid) at 401 ex.
di,. Colonial (261. paid) at 8 ex. div.; Commercial
of Lcoden (201. paid) at 221; London and Westmin-
ster (201. paid) at 261 i Union of Australia (261. paid)
at 30.

Unit Aare* have attracted rather more attention.
Trait
m*
an reported at the rates following :
Cemalinial Dock at 811 am-die.; I mod Wont
India at 140 to 141 ex. div.; East coentry at 21 ;
London at 1171 ex. div. St. Katharine at 80 to 801
ex. div.

The share market has, on the whole, been particu-
larly buoyant during the week, and to-day's prices
show a considerable advance over those of teat week,
for nearly every line on the list, the rise being most
marked in Great Western, London and South Wes-
tern, North Western, Brighton, and South Eastern
shares. A good evidence of the increased stability of
the market is found in the fact that the advance in
value which has taken place during the week is in
the face of a depressed coned market.
The buying of the last few day., since the arrange-
ment of the account, especially in North Westerns,
Brighton., and Dover., has much improved in charac-
ter, although the transactions have not been of any
great extent. Speculative operations seem for the
time to have ceased in a great measure, and this ac-
counts for the comparative quiet which has prevailed
in the market during the latter pert of the week.
The following is our list of the extreme prices at
which business was done in shares during the week :

Lowest
Pr.i544

Xi Abadan _ ____ ___
12 e.............. 114
20 111nalnittaia and Oxford Junction
(with a inamr..) ..
92 Bristol =d as
SO Caledonian l3 .... lO/
20 Eaatrrn goon,.

30 Edlaburgb sad Glanow . 311.
90 Great Northern . .
100 area meta ........ ............ 233 ......... 23
100 Groat Voters

el
30 Hall sod 01Iby lll
93 Laseisith• aid Irceinklre 37
30 Leeds mai mod.. 103 ........» lOl
100 Lanka, 101,121,0, and Bond Omit.. 84
1:1,
171 Ludes mad Greensick lOl
Iwo Leaden and North Weeterta ..... ...... 117
100 Loudon and loath Western „
100 Milling
190 Norf.,*
23 North kitielt
171 Stith tiallordshire 7
23 Ikettish Onutral
331 gond Engem —.... 2O ........ l9
1! 819th !Yak' •••••••••=r- ......... -•• 13_2

ad WNW, Pawnee. and Weymouth 34ea. mramJa,
Kt Tort, Newomotha setd Beryl& 17l
60 Tort sad North Midland
The following calculations show the rate per cent.
per annum yielded by the various securities cited at
tho average of the prices which ruled this day.
Where the asterisk (*) is placed, it is to be understood
that the share rate of dividend is less the income tax.
It will be perceived that (except in the case of the
Brighton Railway) we adopt the rate of dividend
declared for the lest half-year as the basis of our cal-