The Express.
London, England, 1850-03-05 00:00:00

MONEY MARKET.

MONDAY RTINIIIO.
The absence of political news of an exciting cha-
racter, and the increased facilities sffordei by the
public companies for loaning money on stock, have
given an improved tone to the market for public
securit es to-day, although no important improvement
in price has taken place. Consuls opened at the
advanced price of 96k to 1, both for transfer and the
13th, at which a good deal of business was transacted,
and after touching 951 they returned to the first
quotation and so closed, both for money and account.
A fair amount of business was negotiated in the New
Three per Cent. Reduced, at 951 to 1 ; and also in
the New Three-and-a-Quarter per Cents, at 97) to 98.
Exchequer Bills of all dtsenptions were done at
545. and 57.., and India Bonds at 84a. and 87e. prem.;
ditto, under 1,0001., at 87a. prem. Long Annuities,
8 9-18. Bank Stock, 200 and 71.
The leading feature of the business in the
foreign house was an improvement in the price
of Peruvian Bonds, which were done from
731 to 741; Buenos Ayres from 521 to 631.
The business negotiated consisted of the following :
Brazilian Bonds, at 891. Buenos Ayres, for account,
at 53), 521, and 53. Belgian Four-and-e-Half per
Cents., at 89; ex hang*, 25f. Dutch Four per Cent.
Certificates, at 88) and 1 ; exchange, 12 gad. Equa-
dor, at 3) and /. French Tnree per (eat. Rentes,
at 67f. ; exchange, 25f 50c. Greek Bands, 1824 and
1825, ex overdue coupons, at 51. Mexican, for
acc,,unt, at 291. Peruvian Four per Cents., 1549,
for accoun tat 74, 731, 74), 74, and 731; the De-
terred Debt, at 32.1, 33, and 32). Portuguese Five
per Ceres. Converted, 1841, at 31). Russian Five per
Centr., at 107 ex. div.; ditto, New Scrip, at 1) and
1) pettniara. Spanish Frye per Cents, for account,
at 17!. 1. and 1 ; the Passive Bonds, at 31 and ;
the 'three par Cents., at 381 for money, and 381
for time. Venezuela, at 33.

The committee of Spanish American Bondholders
have received a letter from Mr. Lord, the agent of the
Ve nezulan bondholders, dated Ls Guay re, the 4th ult.,
in which he states that he had made an application to
the Minister of Finance on the subject of the arrears
due to the bondholders, and that he was promised an
anaaer in a few days.
The commercial accounts, which extend to the lit
January, from San Francisco, are not of an encourag-
ing character. Merchandise of every dr scription had
fallen in price; even lumber, which is so much re-
quired for building purposes, had not escaped the
general depression, and many holders were anxious'
to realise u a further decline wu expected. The
approach of winter and the rains had terminated
operivions in the mine, by rendering the roads im-1
passable. Many of the unfavourable circumstances
under which business had been done and goods sacri-
ficed during the pasts aeon were about to be remedied
by the erection of substantial warehouses and where,*
for the storing and landing of goods. The establi,h-
meet of a merchants' exchange and the organisation of
• board of trade were also in contemplation, the efLct
of which will be to prevent many of the
extreme fluctuations which have been so unguent in
the markets. Gold duet being scarce, there was an
isereaud dernana for Bills of Exchange on London
at 481 for 30 days' sight, std. on New York at par.
Gold coin was abaudant, and gold dust obtainable at
13.! dole. per ounce.
Letters from Havannah of the Bth February men-
tion that the sugar market was dull for sugar of the
old crop. The new sugars were coming in very
teowly, and little business was going forward. Ex-
change was quoted 10 per cant. prem., at which there
were few drawers.
EXCHANGES AND STOCKS ABROAD.
Hassota, Masai L—llamb. Three.iind.s.llalf per Cents., 561
bills, 661 moony; Lubeck Loan, MU, Four-aid-a-Half per Cent., 99
911 money; Hanovernus Fire per Cents. 10i bill., 1051 roomy ;
Raul= Eliniteh lose. 13i bills; Ditto, 1490. Four.snd.a-lialf few
Cents., of Oil., utj mm. ; Ditto Five per Cent. Munk Certif., 994bi115, 99f m9noy; Ditto Hope and Co., ltd and 4th series, 95 money;
COW per C t. stieglita, 547 money; Fruwisn Yen p• r Cents.. 1641
bills; Danish Engirih Lose, Three per Cents., 694 bills; Ditto, In
lOW. Shares, 70 bids: Unto, Vice per Cents., 94 bills; Swedish
Your per Cent', 971 bills; Norwegian Four per Onto., 99f bills,
994 matey; tiumniat Vivo per Cents., II bills ; Ditto, Three p.r
Cents.. 271 bills, 271 money; American Sig per Cents.. 1061 bilk.
1061 rmowv.—Feehanses en London : Hamburg, March I, three
maths, 13.10; Ditto, sight, 13.111.

SUARE9.—(From the Freeman's Journal
of March 4.)—treat Southern and 'Western, 28 (1 decline);
Midland G -eat Western, 23 (4 deiline); belt shares, 5 ;
Dublin and &Past Junction, 61 (I decline); Waterford and
K:lkenny, 11 2 ; L meriek, Katie and Killaloe, 14 ; Na.
tior.al 14,14, 17l ; Wicklow C upper Mine, 13 ; Netional In-
surance Comp•ny, 21 ; Alliance and Consumers Gas, 54 ;
Grand Canal, New Stock, 204 ex di,. Th, re is still a good
inquiry for debentures, always rather • favourite mode of
in, resent here. 0 8. and W. debentures, 14 year to run
(5 pet Cent ) have been sold this er,ek at 1 per Cent. pee•
mime. Dublin and Kin•stown, 4 per cent. debentures., par. ;
City Debentures (old), 764 ; lfallut-office Debentures, 934 ;
Pe:riotle Insurance Company, 74.

Scorch SAM:S.—Mr. R. Allan, of Edinburgh, in
his monthly review of the Scotch money market for Febru-
ary, thus adverts to the attest state and prospects of time of
these institutions:—" The uoprecedeated advance which
occurred during December and January in nearly all our
h.nk stock., ha. not been maintain. d this month ; the Com-
mercial, Clyde dale, Glasgow 13i.ion, and City, being indeed
enelewh,,t lower. The mane fend of the Edinburak and
Glasgow is suited at 100.0001, after payment of the usual
dividend of 6 per et nt. lite British Linen New St. ek does
not come into existence until 16th April, and all transfer. up
to that date must boot original stock, with right to the pro-
portion of new; it. is. eunesquently, a micake to quote them
separa.ely. The Exchange Bank dots not divide anything
thus year, although the profits realised are equal
to 31 7s. per cent. It. losses from holdiope rri■eipally in the
Hud•on lines of railway, have swept sff one•halt of the
350,0001 capitol, and a committee of she largest proprietors
was aamed at the recent general mettiiig to consider and
report, within three months, what course it were no.st
psudent.n.iw to follow. Tne abaree, meanwhile, have fallen
fr4us 225 to IS; ■nd if • wind up' be resolved on, they
•eight to be rood at the price. The British Guarantee are
limited for the next two years to e 4 per cent. dividend,
uthtrwise the profits this seism could have well stf.rded
three times that raw. The Mercantile are to pay 31 percent.
Such of the E innurah bank. as attempted the intioiuction
of the L-ndon system in regard to interest on current cc-
mote, have touud it objectionable, awl k is now abandoned."