The Express.
London, England, 1852-10-20 00:00:00

MONEY MARKET.

TUESDAY EVENING.
The English stock market was decidedly firmer
to-day. Consols ranged between 1001 and 1001,
and the clueing price was 1003 to 1 for money, and
1001 to 1 for the 11th November. After the regular
hears. however, prices weir a shade weaker, with
lake times quotation at 1001 to 3. The government
fieriser mane another purchase of Reduced Threes,
nod Synth Si. Annuities met with a good many
legnsollean some of which were also on ammo* et
411141111.mal Dehe. Cessadensemeer - Ilos.-4111101111
loaminess report includes :—Three per Cent. Console. ,
far money, 100 L 4 ; ditto for account, 1001, 1. ,
Three per Cent. Reduced, 994, f. New Three-ant
per Cents., 1031, 4, 1. Long Annuities,
1860, 6 7-16, 3; ditto, 30 years, 1859, 6 3-16, 4.
South Sea Old Annuities, 983 ; ditto New Annuities,
994, 4 ; ditto Three per Cent. Annuities, 1751. 991.
Bank Stock, 224, 222.
Exchequer Bill/ of the March issue remain quoted
755. to 78s. prem., but there was a transaction at
765. prem. The June bills were also dealt in at 765.
prem. India Bonds are quoted 8.55. to 88s. prom.
Prices of foreign bonds are firmly supported, with
the single exception of Turkish, which again under-
went a good deal of fluctuation. The transactions
ranged between 41 and 6 prem., and the closing
price was 41 to 3 prem. Buenos Ayrean bonds
were again rather better to•day, reaching 81. Busi-
-11“11 was fairly distributed over the various classes
of stocks, as will be seen by the annexed list of
the sales of the day :—Brazilian Old Five
per Cent., 1014. Buenos Ayres Six per Cents., 78,
81, 79, 4. Ecuador Bonds, 44. French Four-and-a-
Half per Cent., 105 (exchange vie 30c.) Granada
One-and-a-Half per Cent., ex Dec. 1849 Coupon,
211. Mexican Three per Cents., 251,25. Peruvian
Actives, 103 ; ditto Deferred Three per Cads., 621.
Poetugueli Converted Four per Cent., 381 ;
ditto for account 29th October, 381, 1. Sardinian
Five per Cents., 971, 1. Spanish Old Three per
Cents., .511,• ditto New Deterred Three per Cents.,
231, 3, L Turkish Six per Cent. Loan, 4/, 6, 61, 1,
5 prem. Venezuela Three-and-s-Half per Cent., 41,
404, 41.
'lhursday next, the 21st inst., has been appointed
settling day in the Stock Exchange for dealings in
the new Swedish Mortgage Loan.
The revenue of Holland for the first nine ementbs
of the present year amounts, according to the afield
returns, to 41,42'2,2188., or 140,3128. more than that
received in the corresponding period of last year.
A large business continues to be done in thuoo et
a miscellaneous character. London Joint Stash
Bank have been dealt in at 191 and 1; Landau sad
Westminster Bank, 331; Union Bank of Insim
17$; Crystal Palace, 51, 5; General Screw Steam
Shipping, 601 ex. div.; Peninsular and Oriental
Steam, 86; Royal Mail Steam, 79, 78 ex. div.; Chi.
riqui Road, 6-16, 7.16 poem. ; Upper India Railway
shares are quoted to i prem. ; Antwerp and Rot-
terdam Railway, 1 to j prem.; Bordeaux and (lett.
Itailwer, 51 to 6 prem.; English, Scottish, and Aus-
tralian Bank, par to 1 prem.; Bank of India, Aus-
tralia, and Chins, t to 1 prem.; Woodford Railway,
par to 1 prem.; Wimbledon and Croydon Railway,
II to 11 prem.'"; Norwegian Trunk Railway, 1 dia.
to prem.; Royal Swedish Railway, to prem.;
Beriers and Graissessac Railway, to prem.; West
End and Crystal Palace Railway, par to 1 prem.;
Ebro Canal, 1 to 1 prem.
At Vienna, on Monday, the Five per Cent. Metal-
lice were quoted 951 ; the Exchange on London,
11.30, bills; and the New Loan, 944. This last
named price in equivalent to 1 dia., notwithstanding
the support which the government, as is well known,
gives to the market, and in spite of the intimida-
tion that is practised with a view to prevent selling.
The fact comes in disproof of the assertions put foe-
ward by the ministerial journals relative to the vast
amount epplied for, and the necessity which the
Finance Minister was alleged to be under, of seceding
in part only to most of the appliesdeu, and reject-
ing some of them altogether. As Austria is such a
systematid borrower in the Leaks and other mar-
kets, it becomes essential that the pulls should be
informed of the real value of the steissunts nude on
authority of the government.
Letters from Copenhagen mention that at the
meeting of the National Bank a dividend was de-
clared of 71 r. b. d. per share, sad the domestic
loan proposed by the finance minister, of 1,000,000
r.b.d., was accepted at the rate of 21 per cent., termi-
nable at six months notice.
The *meant of specie shipped by the Ripon, which
will leave Southampton to-morrow (Wednesday)
for Alexandria, proves, u we anticipated, very
large, comprising in all 271,0781. in gold and silver.
The destination of this large sum is shown below,
viz., to Calcutta, in silver, 188,2084 and in gold,
6,7601.; to Alexandria, gold, 26,2784; to Canton,
silver, 17.8301.; to Singapore, silver, 14,7601.; to
Aden, silver, 2,3121.; to Ceylon, in sovereigns,
6,3001.; and to Madras, silver, 9.8401.
The market for silver is very firm, owing to the
demand foe India continuing unabated, and we be-
lieve we shall be correct in stating that the supplies
brought in by the Orinoco will be sold at a further
advance in price. Present prices are thus reported
by Messrs. Sharps and Wilkins, but the quotations
of silver articles are merely nominal ;—Bar gold,
775. 9d. pesos. standard; bar silver, fos. 04d. per as.
standard; ditto holding b grs. gold, Os. ljd. per as.
standard; dollars, 4s. 1111 per as. ; pillar ditto,
AM Old. per cm
The subjoined has been handed to as for piddles-
flu, and is interesting to the holders of Busses
Arun Bonds. This letter hem Clqgain Gore came
to hand by the Tay, but, owing to the defective ar-
rangements adopted, has had to travel down to
Berwick-upon-Tweed and back again before the bond-
holders could be favoured with information as to its
contents:

BUENOS ATMS DEBT.
Oesendttoe of Sped* Aneurism Deadly/Mere,
Emeadmaset Ed=aosl._ le, ion.
The Committers et Opeabir isafteidoes re-
ceived fhb elteraosa from dm Cbdresers et the Roelof
Ayres enb-eammitere the esidebed_ ,hewor elbeeesd to him
at Letlktilt sear Berwick-orisirsrestaluDeptals the
Hos. Robert Gore, R.N., her at Emma
Ayres, Med, " British LegatVitostmes tyjaves,A3ll23,
11111. Div file,—l have great la ni
the rem* of vest ;;Miglag le el& 4th July its
es saw, end Ishell feel vault WWI is be pameltted to
offer, through
,yes the expremisa or the WO peeillseales
with whirl I bare resolved the espy erthe seseimies whisk
iiff• good magi
body et se seed mein admowledpsent ea
pet of the the Deem Loma Beolbabiere,
day humble tarsi to endeavour to steals De Ems their
Just and leag mass cialam sad whisk I will sot MI to
exert so lan me I base the power to de so natfl • Baal
immtlemeat is wired et —I em, dear air, is. (Biased) Ito-
MIST Hoar."
The bondholders will receive this notification with
satisfaction, as it at least proves there is a Buenos
Ayrean committee in existence, a fact of which they
must have begun to doubt, hearing nothing what-
ever from the body in question. The creditors, how-
ever, have a right to demand more than this
wretched modicum of information. They my cla-
mouring loudly for intelligence as to the puma
progress of their affairs. Mr. George Whit.; IMO d
the gentlemen despatched by the hissers. Barinpeo
account, it is presumed, of the debt, has returned hum
in the Tay, but still the firm in question and the NEP
mittee are dumb.
As regards the Patagonian guano quad*, k
appears probable that some movement is abs Is be

made. From the British Packet (Buenos Ayres) we
extract the following, which in quite in confirmation
of the remarks we have made from time to time:
GUANO ISLANDR.—It is matter cf public notoriety, that
an Important traffic has been carrying on for years, from
this coasts and islands of Patagonia, without any reference
ec acknowledgment to the lords of the mil. In those
piping times of organisation and exhausted exchequers,
attention has very naturally been directed to this prodigal
abuse; and accordingly in the Progreso of the 11th we arc
given to understand that a respectable expedition is about
to be forwarded to that quarter, to maintain the rights and
secure the interests of the republic. Very equitable pro-
posals were made some years ago to the London bond-
holders, through the house of Messrs. Baring Brothers and
Co., for a fifteen years' lease of these cow* ant islands
and it is certainly high time tkat they should be rendered
productive, or at least Felt maintaining. Between the
guano, fisheries, coals, and other mineral productions that
are known to abound on the touts, we believe them to be
of far greater importance than seems generally to he ima-
gined. A small settlement, partly from the mining du-
Wets of England, and partly from the highlanils of Scotland
or the Orkney Islands, would unquestionably find a rich
harvest in the locality referred to; and confirm at the same
time to the Argentine Confederation the unquestionable
right of sovereignty.
The proepectua of the City of London Sewage Ma-
nure Compiny, with a capital of 50,000/. in 101.
shares, has been issued. The promoters of the pro-
jcct stn e that .01/ B&W* has b•eankk bißegaliful cgs'

odorised, and the solid po;tions converted into a dry
and compact manure, which is portable in sacks, and
perfectly modorous. Owing to the noxious gases
evolved during the process being fixed and combined
with the other products, it is anticipated that no an-
noyance whatever can be experienced in the neigh-
bourhood of the works. According to the estimates
furnished in the prospectus, a highly remunerative
return may be expected on the investment. Power
is to be taken in the charter to increase the capital
of the company to half a million sterling, with a view
to extending its operations to other towns.
There was a small supply of bills in the market for
foreign exchange this afternoon, endowing to buyers
preponderating the quotations exhibited a downward
tendency. Short Paris was done at 23.25 to 30, but
left off 23.2.5 buyers; ditto, three months, was ne-
gotiated at 23.43 to 47i, and the same rate was paid
for :Belgian paper. Amsterdam continued in de-
mand at 11.191 to and Hamburg at 13.7 i to 8, the
latter rather less brisk. Frankfort was not much in
the market, the rate being 1203 to 3. Bills on Italy
were in request at previous rates. Naples ruled at
413 to t„ and Pale?mo and Messina at 123; to 1.
There was an increased inquiry fur Austrian paper,
in consequence of speculative purchases at Paris.
Vienna &dined to 11.40 to 44, and Trieste to 11.42
to 46. _ _ _

The monthly circular issued by Messrs. Ridley
and Co., from the " Test Office for Alcoholic Liquids,"
contains the following paragraph :--
Tho stock of port wine in our docks is below the average
by about 2,000 piprs ; sherry and brandy arc both well up
to the mark. Within the last few days a stir has taken
place in the port wine trade. and all wines which were for-
early held from 221. to 281. in value have advanced 21. to
31. per pipe—the reduction of our London stock has acted
barometrically on the market. During the last month we
have had but f.:w arrivals, caused chiefly by the expected
reduction of imposts levied on exportation to Europe—
there are 17 ships lying in the Douro, waiting for cargoes,
some of them since the 31st of May. During this year four
cargoes have been sent direct from Oporto to our Astralian
colonies'(the Gazelle has entered outwards for Oporto and
§ydney, and the Randolph is there loading for Port Philip).
This commerce yields no source of revenue to the Portu-
guese treasury, or emolument to the wine company.
Freights here from Oporto are down to 2de., and to Aus-
tralia 61. per ton. The shipments out of Europe being free
from arbitrary classification, and on export only a nominal
duty levied of 6d. per pipe, enables such enterprise to be
carried on with freedom, direct to all our colonies, to our
sad detriment ; thus our trade is literally ruined, and the
home consumption in port wine, paralysed by perverse
delay en the part of the Portuguese government in not ins-
' medistsly revising their bad fiscal laws.