The Express.
London, England, 1850-01-14 00:00:00

THIS DAY.

Two o'Ctocx.
As intimated in our report of Saturday
business continued to be done in the Engli3:l futds
after the usual hours, std in consequence of the
measure of the Bank directors (to whin we re.fr be-
low) the price of Consols fell to NI to Z. The
English stock market opened to-day rottewriat de-
pressed, and has since been very nr.so ady. Consols
were first called 96j to I both for money a. d Wed-
nesday, which was the lowest print ; they hare since
been subject to various fluctuations, dud v.ere last
done at 961 for money, and at 97 Ur ee.ount,
being at present quoted 97 to t for c'.-h end
the 18th ex dividend. The Three pc: Cent.
It..duced mark 97, 961, and last 974. lhe New
Three-and-a-Quarter per Cents. mark 98; a;.d 991.
Exchequer Bills 609., 583., aid 61*. B:st.le Stock
mark 209.

In the foreign stock market a fair amount of bust-
nese has been done. Belgian Four-and-a-Half per
Cents. have improved to 903 ; end Mexican B tds Cr'
also better at 291 to 1. %mien base exper.rneed a
decline, and last mark 109. Other descriptions are
quoted about the same as on Szturday.
The transactions are the following: Belgian
Four-and-a-Half per Cents., at 90 and -. lineups
Ayres, at 491 arid 483. Twq-and-a-lltlf per
Cent. Dutch, at 58 and 55 ; ditto Four per Cent.
Certificates, at 881. Nit xicau, at 29 and -. Peru-
vian Four per Cents., 1849, at 631 and 641. Por-
tuguese Converted, at 353 and 36. Itu.siap, at 110,
3, and last at 109. Five per Cent. Spanish Active,
at. 191 and 1; the Three per Cents., at 371 and 1.
Venezuela Deferred, at 10.
The

to which we referred on Saturday
evening antler this head, of the Bank directors havit g
raiszd the rate of interest on loans upon Consols and
Exch_quer Bills from 2 to 21 per cent., is neither
more nor less than a simple eqliz ition of
their rate of interest to their current stan-
dard of 23 per cent. The Bank, for spe-
cial reasons of its own, reduced this rate
to 2 per cent. ore loans upon the Three per Cent. Re-
duced, the New Three-and-a-Quarter per Cent. Stock,
and Exch. quer Bills only during the shutting of the
transfer bnoks of the Three per Cents. ; but since the
opening of the books the Bank, it appears, has re-
sumed its former rate, and thus put money advancad .
upon loan of stock, or emplo3 ed disconut of bills,
on an equal standing, u is only reasonable
and just that it should be. unless it desired to afford
greater facilities to speculators in the funds than to
the merchant for legitimate commercial purposes.
This fact oily transpired late on Saturday, when a
party who made application to the Bank for a loan
on stock was told that the rate would be 21 per cent. ;
this occasioned the decline which took place in the price
of Consols alter the stock market was closed ; but
nothing has yet been made public to warrant the re-
port set afloat that the margin upon stock under
loan wa be increased from 3 to 10 per cent. below
the market value.

ENGLISH FUNDS.
Hat Stock, 298 9 3 per l%Ges. Lee.. 9Th
3 per Ct. Rol Anat., ri bar eta NI,
per Cos. Anne., 979 km:lwpm BM, 69a. to OK

FOREIGN FUND&
1 par Cl. Au•ttlan Bowls. 1 per Ct. Gram& 14. 16 IT
44 par Ct. lielg. Itondt. SP 91 Grenada Warred Ma . 31 4
21 per Capt.. 6 par Ct. !Um, 164s.tes 4
e tilt(to Cl.o 11.;..16 ti Irle Dda.. Ut, 9 per Cl. Petunia 114... t.. 46
Porto tress Cow., 331 In
I per Ct. Musson Amu, 46 50 Da., 111 11
oftte Cbillaa lido., II 106 sDrettTo Itpard7lals. 19 j. AI
Ditto I:plumb. Del. 19.15.. 3 per Ct. Brattish au . al i
colost.tss &ardor Yids., 3j 4 Spanish Wirral Ilds..—
par Ct. Ihsith Oda, 724 DIU. Pander Beta, 31 4
21 per Ct. touteb Mt., 664 4 2 pm Ct. Irepecusla Yds. 28 10
pa Ot. DIA& I.l.tlfa. 66 7 Vassatsis Deterred 114.. 91 164