The Express.
London, England, 1852-06-17 00:00:00

MONEY MARKET .

WEDNESDAY EVENING.
The course of the English stock market to-day was
precisely similar to that of yesterday. Consols were
fora moment sold at 99, but closed with a firm ep-
ee at 99; to j ex. div. for the 16th July.
tei:lsrianness is moderate, and the general aspect of the
market good. Another investment was made in
Reduced Threes at 1001 for the Sinking Fund. The
list of actual business comprises:—Three per Cent.
Consols, for the opening, 991„ 1. Three per Cent.
Reduced, 1001' 1, 1. New +hree-and-a Quarter per
Cents., 1021, 103, 21, 3. Long Annuities, 1860,
6 15-16. Bank Stock, 2221.
Exchequer Bills are steady at 745.t0 775. prem. for
the March, and 68a. to 71s. prem. for the June
issue. India Bonds were sold at 86e. prem.
The foreign stock market has assumed a firmer
tone during the last few days, and a general up-
ward tendency is observable, whilst business appears'
to be increasing. Buenos Ayrean Bonds reached MO
today, but receded to 77 towards the close. Nume-1
roue inquiries have been made as to whether any
advice' have been received by the committee by the
steam ship Teviot, and a good deal of dissatisfaction
has been expressed on learning that no information
whatever can be met with at the office of the com-
mittee. The bondholders, however, in their present
anxiety, are only suffering the penalty of their own
supineness. Perhaps, after all, the committee
ought scarcely to be blamed for their ina-
bility to furnish information, for, in fact,
they appear to be perfectli powerless, the entire
management of the debt at the present critical con-
juncture being still left in the hands of the Messrs.
Borings, with whom it has rested tbr the last twenty
years without any substantial benefit to the bond-
holders. The utility of the committee, as at present
constituted, may be judged of by the fact which has
been elicited by the inquiries made, that although it
is true the Messrs. Baling" sent out two agents to
Buenos Ayres by the April packet, the members of
the committee themselves are perfectly ignorant of
the instructions given to these two gentlemen, are
unaware to what extent they were authorised to make
engagements on the part of the bondholders, and
in fact do not appear to be by any means
certain if the mission be not merely on behalf of the
Messrs. Borings, in connexion with the numerous
financial and other transactions of that eminent firm
in South America. After waiting patiently for a
quarter of a century, the bondholders consider that
the opportunity thrown open by the overthrow of
Rosa' is being wantonly overlooked, and the majority
of them concur in the recommendation given by us
months back, that if a public meeting had been
held, the committee reconstituted on a good working
basis, a strong but respectful memorial to the new
government drawn up, and a special agent sent out
direct from the bondholders to back it, a satisfac-
tory arrangement of this lung-neglected debt
would ere now have been in course of con-
clusion. New Grsnadan, Mexican, Peruvian,
Russian, and Venezuelan securities are all advanc-
ing, and Spanish and most other descriptions are
quiet but firm. The day's sales arc shown in the
following :—Austrian Five per Cent. Scrip, 21, 23,
21 prem. Belgian Four-and-a-Half per Cents., 95.
Brazilian Old Five per Cents., 100_1. Buenos
Ayres Six per Cents., 79, 80, 7R, 77. Dutch Two-
and-a-Half per Cents., 631, 64 ; ditto Four per Cent.
Certifs., 961. Ecuaor Bonds, 41. Granada De-
ferred, 101, 10, z, 9z. Mexican Old Bonds, for ac-
count, 30th June, 32 ; ditto New Three per Cents.,
251, 1. Peruvian Actives, 1041 ; ditto Deferred
Three per Cents., 641, 65. Portuguese Four per
Cents., for account, 371, 1. Russian Five per
Cents., 117; ditto Four-and-a-Half per Cents., 106,
41. Spanish New Deferred Three per Cents., 211.
Venezuela Three-and-a-Half per Cents., 411, 42 ;
ditto Deferred, 161.
Canada Six per Cent. Bonds are quoted in the
Stock Exchange 1141. City Navigation Three-and-
a-Half per Cent. Bonds are worth 97.
We notice that Colonel Facio has expressed him-
self as ready to issue to-morrow all the new
Mexican bonds to the creditors. Upon this subject
we hear the bondholders express an anxious hope
that the committee have not been apathetic, but have
taken upon themselves to interfere, with a view to
the due guardianship of the interests of their consti-
tuents. We suggestedsome time ago that every new
bond issued by Colonel Facio ought to be counter-
signed by the secretary of the committee, and a re-
gistry of their numbers kept. Unless this precau-
tion is adopted, the bondholders will certainly visit
upon the committee any irregularity such as has dis-
graced other conversions, should any such
unhappily occur. The measure is, indeed,
essential for the due protection of the
creditors, and could riot fairly be objected to by any
one. Another point of the committee's duty is to
insist upon Col. Facie publishing the amobnt of
Mexican Bonds converted, and the numbers of those
which, according to the agreement made aWI the
creditors, ought to be cancelled by boring a hole
through the middle. After our past experience in
these matters, it will readily be granted that too
much caution cannot be exercised.

There was another large import of gold from Aus-
tralia to-day, the Blackwall having arrived from
Sydney with 57,413 oz., worth 229,&.521. The Queen
of the South, screw steamer, which sailed from Ply-
mouth yesterday afternoon for the Cape, took out
140,000/. in specie. This remittance, it is to be pre-
sumed, is to meet tho requirements of the Kaffir
war.

The exchange at Paris on London, which has for
some time shown a downward tendency, has a•
length descended to 25.40 for short.
The transactions in bank shares this week have
again been highly important, and the whole of
this interest is experiencing a rapid advance in value.
During the week Australasia shares have risen 21.,
British North American 31., Provincial of Ireland
305., and Union of Australia 11. National Provincial
of England and Union of London shares are also
improving. Sales are recorded as follows :
Australasia, (401. paid), 48, 471, 48; British North
American (501. paid), 581, 593, 601, # ; London and
County, (20'. paid), 25 ; London Joint Stock (101.
paid), 185; London and Westminster (201. pail,
301, 1; National Provincial of England (361. paid ,
44, 43i, 441 ; Provincial of Ireland (251. paid), 46,
47 ; Union of Australia (251. paid), 45, 443, ; Union
of London (10!. paid), 163.
Dock stocks continue in favour, and LondinTginic
has risen 305., being quoted 130. '1 he official list
quotes Commercial Stock, 901; East and West India,
158, 159 ; Southampton, 281.
A good deal of business continues to be done in
steam boat shares. Royal Mail Steam are firm,
and Peninsular and Oriental share' have again ad-
vanced 30s. The latest prices are :—Australian
Royal Mail, 2 ; General Screw Steam Shipping,
51, 501 ; General Steam Navigation, 283 ; Peninsular
and Oriental Steam, 845, 835, 86, 87, $63 ; ditto
new (154 paid), 341, 35, 385; Royal Mail Steam,
78, 77, 5, !. 3.

With the exception of a ribo of 150. in Atlas
shares, the market for insurance shares is unchanged,
quotations remaining firm. The latest (rotations
of the market are as follows :—Albion, Nh ;
Alliance, 221 ; ditto, Marine, 411 ; Atlas, 19 ; British
Commercial, 7; Church of England, 3} ; Clerical,
Medical, and General, 10, 1 ex bonus; County,
101; Crown, 161; Eagle, 71: Equity and Law
Life, 5 ; English and Scotch Lew -Lite, 34; Euro-
pean Life 12; General, 3, ; Globe, 142; Guardian,
561, ; Imperial Fire,23ll; ditto, Life, 191 ; indemnity
Marine, 50 Law Fire, 4; Law Life, 40,; Legal
and General Life, 51 ; London Fire, 23 ; Marine, 151;
Medical, Invalid, and General, 2j; Monarch, 1,1;1
National Loan Fund, 2,; Palladium Life, 21;
Pelican, 45 ; l'hconix, 160 ex div. and bonus ; Pro-
fessional Life, 1 ; President late, 30 ; Rock Life,
7 I ; Royal Exchange, 230 ; Sun Fire, 213 ; ditto
I Life, 53; United Kingdom, 4,; Universal Life, 41 ;
Victoria Life, 5, 51.
The General Reversionary end Investment Society's
shares are quoted HI; Reversionary Interest Society,

10G; Equitable Reversionary, 117; ditto New, 10;
London Reversionary, 15.
Miscellaneous shares are quoted as follows in tho
official list :—Assam Tea Company, 10 ; Australian
Agricultural, 16; ; Australian Trust, 21: ; British
American Land, 25 ex div. ; Canada Company, 60;
Hudson's Bay Stock, 206 ; Price's Patent Candle
Company, 23; South Australian, 23,