The Express.
London, England, 1852-10-21 00:00:00

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'MONEY MARKET.
WEDIII74T EVINING.
The EngliaS funds wen fairly suppgted during a
part of the aq, but on thearhole tie:Minting of the
wicket wu scarcely 12; firth, and pans left off at a
misstisa. Purchases were made at 1001 both for
=time, {he government broker making an
Let 1, Wet the final quotation was only
MI far monlYind 1001 to 1 for the 11th Nov. A
pawl of Reduced Threes was also purchased fur
esiemption. Bank Stock receded to 2201, upon
sills. The list of actual 'nal; thus stated :
nese re amt. Consols, fo oney,' 1001, 1 3; ditto
ri
list ammet, 100 i, !, 10 Iti ree per Cent. Reduced,
1,1, /, 1; New Thlterand-aQuarter per Cents.,
yeer,”itstooilralitarcorallit; ditto
The
.premium on the two Clasees'of chequer
Bills, viz., the March and June, is now idenliair, at
755. to 78e. To sellers of the March issue, however,
765. prem. was in some cases conceded. India Bead;
command 85s. to 88s. prem.
In the foreign stock market Turkish Scrip con-
tinues to excite the chief attention, and his again
been subject to considerable fluctuation. From 41
prem., at which tho first business was done this
morning, it fell to 3j, and after rallying to 41,
closed 41 to 41 prem. The intelligence brought
from Constantinople by the Cairo leaves no room to
doubt that all the influences of superstition, and the
political fanaticism of what is called the " old
Turkish" party, have been brought to bear upon
the Sultan to Induce him to disavow the loan; and
it is equally certain that Russian arta have been
directed to the same end. But the same intelli-
gems informs us flat the Marquis de Lavalette
was exerting himself with energy to counteract
them influences, and that when the mail left no
definitive resolution lad been formed by the Turkish
government. The steamer Lycurgue was to leave
Constantinople on the 10th inst., and will in all
probability bring the desired information. The
safety of the money at present subscribed is
not dependent on ho ratification of the loan.
All that subscribers need do is to take
their stand upon the simple fact that the scrip bears
the signature of Prince fellimakki, the accredited re-
presentative of the Ottoman government, since it can-
not be doubted for a moment that Turkey is responsible
for the acts of her representative. Should Turkey
refuse to fulfil a contract duly made on her account by
her accredited agents, diplomatic interference would
probably be enlisted, and as the money has been
raised in France and England, it is likely that these
two powers would act in unison for the
purpose of urging upon the Porte the necessity at
performing its part of the contract. Sardinian Bonds
were again in demand to-day, and reached 961.
Venezuelan, Equador, and Peruvian are firm, and
other stocks generady steady. Sales are thus re-
corded:—Brazilian Old Five per Cent., Small Bonds,
101 ; ditto Five per Cents., 1829 and '39, 101, 1.
Buenos Ayres Six per Cents., 791. Danish Five
per Cents , 1061, 103. Dutch Fourr Cent. Certifs.,
961. Equador Bonds, 41, 6. Mexican Three per
Cents., 241,23. Peruvian Actives, for account, 29th
Oct., 1031; ditto Deferred Three per Cents., 621.
Russian Five per Cents., 119; ditto Four-and-a-Half
per Cents., 1051. Sardinian Five per Cents., 971,
981, 98. Spanish Old Three per Cents., 611, 4, t;
ditto New Deferred Three per Cents., 231, 1; ditto
Committee's Certifs., 3: per cent. Turkish Six per
Cent. Loan, 41, 31, 41, 41 prem. Venezuela Three-
and-a-Half per Cents., 413. The scrip of the Swedish
Mortgage Loan was quoted at the close of business
only par to 1 prem. Royal Swedish Railway, 1 to
I Prem.
As we stated would be the case a few days ago, a
meeting of the committee of Spanish bondholders
was held to-day, at which it was decided to present
a strong memorial to the Spanish government rela-
tive to the claims of the holders of the unfunded
half of the coupons. As the only tenable plea of the
Spanish government in enforcing the (*ablation of
this sacred claim was that of poverty, their late offer
to effect a fresh conversion, by which they will have
at once to pay a much larger sum in interest, cer-
tainly affords an excellent opportunity for agitation.
Rumours have lately been current in Paris clan
alleged approaching reduction of the Bank's rate of
discount, and several new financial measures of im-
portance.
Notice has been issued by tho Belgionvern-
ment of the redemption of 345,000 fr. (13,80Wf the
Pour per Cent. Loan of 30,000,0006. (1,200,,000L;
301,000 fr. (12,0401.) of the Four-and-a-Half per Cent.
loan of 84,658,000 fr. (3,386,24014 ; and 690,000 fr.
(27,6001.) of the Converted Four.and.a-Half per Cent.
Loan of 95,442,832 fr. (3,817,7131.) The total amount
of the sums thus appropriated for the redemption of
the national debt of Belgium is 63,44 W.
The prices of stocks at Amsterdam on Tuesday are
thus reported by Mr. Renter's telegraphic express:—
Dutch Four per Cent., 93 9-16; ditto Two-and-a-Half
per Cent., 83 13-16; Spanish New Deferred Three
per Cent., 23 13-16 ; Mexican New, 231; Portuguese
New, 38 11.16; Austrian Five per Cent. Metals%
78 3-16.

•- - -
A meeting of the executive committee for promot-
ing the establishment of Tribunals of Commerce was
held at the London Tavern to-day,. with a view to
organise all the preliminaries requisite for the vigo-
rous prosecution of the movement, which is exciting
great attention throughout the kingdom. Asa proof
of this, we may mention that a meeting is to take
place in Regent-street on the 16th November of
deputations from every Chamber of Commerce in the
United Kingdom, at which Lord Brougham will
preside.
The "Mid-Kent and London and South Western
Junction Railways" are about to be formed under in-
fluential patronage. The Mid-Kent line is to com-
mence at a point upon the Brighton Railway, be-
tween the New Cross and Forest Hill Stations, or by
a junction with the South Eastern North Kent line,
near Lewisham, as may be hereafter determined
upon, and to proceed direct to Bromley, Farn-
borough, and the head of tho Cray Valley, Chelsfleld,
Halshead, and Shoreham to Oxford; thence by
Kemaing, Seal, Wrotham, Milling, and Allington,
Maidstone.to A branch is also to run from Atford
to Riverhead, Sercuoaks, and Tunbridge. The South
Western Junction Railway is intended to commence
lat a point between the Moe Elms and Wandsworth
'Stations of the London and South Western Railway,
and to proceed to Clapham-rise, Brixton-hill, Hemp-
hill, and Dulwich ; and, after crossing the London,
Brighton, and South Coast Railway by a bridge, to
fall into the Mid-Kent line, near Sydenham, forming
also a junction with the London, Brighton, and
South-Cast Railway. This junction, it is stated,
has also been laid out so as to form a convenient
west end railway to the Crystal Palace. The capital
required is a million sterling in 201. shares.
The preliminary announcement has also been i
made of the West London Junction Railway, to bel
,ncornoratcd with the proposed Mid-Kent and North
HentnExten!itr. ItailwaYlk The line is projected to
cross the Thames from Pimlico to V•ixhill, then
through Stockwell, Clapham, Brixton, Streatham,
Dulwich, Camberwell, Peckham, to New Cross and
11,ewisham, thence through Bromley to Sovencaks,,
ITonbridge, Maidstone, Rochester, Chatham, Sitting-
bourne,
Faversham, Canterbury and Dover. The
whole length of this line would be 110 miles. There
appears at present to be a great deal of competition
for the new home lines. It is prOballis; :41 Vnly a

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