The Express.
London, England, 1852-05-17 00:00:00

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MONEY MARKET.

SATURDAY EYE:CIRO.
On this, the lard day of the seek, the absence, as
usual, of active operations calculated to sustain the
market, has had no effect, Console having actually
been done for the account at 991, being .L higher than
yesterday, and within 1 of par. The closing quota-
tion, however, is 991 to I both for cash and the 9th
June, or the same as yesterday. The general appear-
ance of the market was quiet, but the satisfactory
chaAteter of the Bank returns contributes to impart
confidence. The official business list includes:—
Three per Cent. Consols, for money, 991, 3; ditto,
for account, 991, 1, 3. Three per Cent. Reduced, 983,
13, 99. New Three-and-a-Quarter per Cents., 1003,
01, 1003, 1. Bank Stock, 2193. The Reduced
Threes and the Three-and-a-Quarter per Cents., it will
be seen, are higher than for some weeks past, invest-
ments having offered to a fair amount.
The March Exchequer Bills remain quoted 70s. to
745. prem., but no business is recorded. The June
bills are unchanged at 63e. to 661. prem.; and India
Bonds, at 81s. to 84e. pron.
Business in the foreign bonds was generally quiet.
Buenos Ayresn bonds opened more firmly, the price
rallying to 74, but the impression was less favourable
in the latter part of the day, and the last price marked
is only 711. This stock, however, from the small
amount offering in the market, is peculiarly liable to
fluctuation ; indeed, on many occasions, a margin
of no less than 5/. ie nominally current as between
buyer and seller. We understand that but little of
the stock is to be met with, holders preferring to
wait in anticipation of better times. Venezuelan
Bonds further receded, the Actives closing at 43, and
for Spanish and Mexican the tendency was also
rather downward. Ecuador and Granada Bonds
remain flat, with little doing. The day's bargains
are reported as follows :—Buenos Apes Six per
Cents., for account, 28th May, 73, 72, 74, 72, 713.
Dutch Two-and-a-Half per Cents., 611; ditto Four
per Cent. Certifs., 923. Ecuador Bonds, 41. Granada
One-and-a-Half per Cents., ex December, 1849,
coupon, 20; ditto Deferred, 9, 3. Mexican Bonds,
311 ; ditto, for account, 313; ditto, New Three per
Cents., 25, 243, 251. Peruvian Actives, 1031 ; ditto
Def-rred Three per Cents., 63. Sardinian Five
per Cents., 963, 97. Spanish Old Throe per Cents.,
473, 461 ; ditto, New Deferred Three per Cents.,
201, 3. Venezuelan Three-and-a-Half per Cents.,
44, 3, 43.
Our remarks of yesterday upon Buenos Ayrean
Bond affairs, have drawn forth the following letter
from a bondholder, which is the more worthy of in-
sertion as it mentions facts relative to which infor-
mation has already reached us, though from the ob-
scurity that appears uniformly to envelope the pro-
ceeding' of bondholders' committees, intelligence is
seldom obtainable from direct sources. The allusion
of our correspondent to the despatches that have pro-
bably been received by the Severn, it is to be hoped,
will lead to an announcement of some description
from the committee or other official source. We un-
derstand that the usual trifling monthly remittance
of 5,000 dollars has come to hand by the Severn, so
that the dividend of 11 per cent. will probably be
shortly declared, as it was announced in May last
year.