The Express.
London, England, 1852-11-16 00:00:00

MONEY MARKET.

MONDAY EVININO.
The home funds to-day remained steady in price,
with an unusual paucity of transactions. Consols
wore quoted 1001 to 1 for money, and 1001 for the
9th Dec. The list of actual sales includes only:
Three per Cent. Consols, for money, 1004, 1;
ditto for account, 1001. Three per Cont. Reduced,
991.3. Three-and-a-Quarter per Cents., 103, 21.
Exchequer Bills, both March and June, ruled
without alteration at 725. to 755. prem. The inquiry
was ebially for the June awe, the March bills being
offered. India Bonds were dealt in at 85s. prem.
The dealings in the foreign. house were circum-
scribed, the settling engaging some attention.
Turkish scrip was done in the earlier part of the day
at 14 prem., but in the afternoon buyers came for-
ward, and it reached 31 prem. Subsequent to the
official close, however, the quotation was called only
2to 21 prem. Till fall particulars as to the position
of the bondholders shall have been afforded by
Messrs. Duna and Co., few steps can be taken by
the creditors. Meozwhile the Porto is making ex-
traordinary exertions to meet the various claims
upon it, in the way of repaying the money advanced,
and liquidating the pressing liabilities of the Bank
of Constantinople. Mexican Bonds left off quoted
261 to 1. Sardinian reached 991. The scrip of the
Brazilian Four-and-a-Half per Cent. loan fell
to 1 premium, probably in anticipation of
the payment of the last instalment. In
Buenos Ayreaa Bonds there was a heavy fall, sales
being made at 72, and the price closing 73 to 75.
The cause of this sudden reaction was tho intelligence
of a fresh, but bloodless, revolution in Buenos
Ayres. So far as the accounts themselves go, they
are much too pacific to warrant anything like a
panic on the part of the bondholders, but it is pro-
bably the anticipation of future political complica-
tions that has worked upon the market. It is mani-
fest that Urquiza finds himself too weak to reduce
the refractory city of Buenos Ayres, and has conse-
quently retired to the city of Parana, in the province
of Entre Rios, where the representatives are invited
to join him—he, at the same time, maintaining his
title of Provisional Director of the Argentine Con-
federation, and still claiming for himself the entire
direction Of the foreign affairs of the state, of which
Buenos Ayres, it will be remembered, forms
but one province. As regards the future, it appears
that one of two courses will be adopted: either
Urquiza and the rest of the confederation will
acquiesce in the attitude of Buenos Ayres, or a civil
war must ensue. At the last dates, however, the
professions of Urquiza were pacific, and it appears,
moreover, that in addition to the civil demonstration
against him, ho had been deserted by a large portion
of the soldiery. Private letters mention that the
commander of the north of the province had been
ordered by General Urquiza to join him with all the
forces at his command, but he had fraternised with
the Buenos Ayrean party.
On the 'receipt of the Severn's news, the first
impulse of parties interested was naturally to inquire
at the office of the Buenos Ayrean Committee, where
they received the encouraging intelligence that the
committee had ao despatch or document of any kind
whatever, not even so much as a newspaper. As,
however, some days after the ampl of the
last mail, it was discovered that a very
important letter from Captain Gore and other
communications had been forwarded to the seat of
the chairman at Lady Kirk, North Britain, thence to
travel south again, it Li possible the bondholders, by
the exercise of due patience, may yet find some news
coming forward.
It was currently stated in the Stock Exchange
that the usual monthly dividend remittance of
6,000 dols. has come duly to hand by this packet.
The list of Foreign Stock transactions is thus re-
corded :—Belgian Four-and-a-Half per Cents., 961,
1 (exchange, 26f.) Austrian Old Five per Cent.
Bonds, 82 (exchange 108. per £.) Brazilian Four
and-a-Half per Cent. scrip, 11, 01 prem. Buena;
Ayres Six per Cents., 76, 72, 74. Danish Five per
Cents., 1061. Dutch Tero-and-a-Half. per Cents., 66.
Granada Deferred Bonds, 101. Mexican Three per
Cents., 251, 25. Peruvian Deferred Three per
Oats, 62 ; ditto for account, 30th November, 62/.
Russian Fourandn-Half per Cents., 106, 41.
Sardinian Five per Cents., 981, 991. Spamsh Old
Three per Cents., 52 ; ditto New Deferred Three per
Cents., 251, 4. Swedish Loan, 11 dis. Turkish
Six per Cents.,ll, 31 prem. • ditto, for account, 21,
/, 34 prem. Venezuela Deferred: One per Cent., 161,
. French Three per Cent. Routes, 84f. 26e.
exchange, 26f. 200.)
There was a failure in the Stock Exchange today
in connexion with the settlement. The party in
question has been unfortunate before, and hie lia-
bilities are not large.;
Money was in more demand to-day both for general
purposes and in connexion with the settlement of the
account in the foreign stock and railway markets.
Business has been done in the shares of the Bank
of Aostrolosia at 70 and 71; English, Scottish, and
Australian Bank, 41; Loudon Chartered Bank of
Australia, 3), 4, I; London Joint Stock Bank, 201;
Australian Royal Mail Steam, 31, Crystal
Palau, ; General Screw Steam Shipping,
filiniarNetherlands Land Enclosure, 21, 1,4; Pen-
and Oriental Steam, 871; ditto (201.
paid), 48, 471, 481. Shaes ia the Ba-
zaars and Gramme Railway closed 11 to 11
prem.; Bordeaux and Cette, 7 to 74 prem.; Antwerp
and Rotterdam, j to 11 prem,, Royal Swedish, 1 to
4 prem.; Western Railwayy of Switzerland, 4 to 1
pprree ; South Eastern of France, 1 to 11 prem.;
Maggddalwa Steam, par to I prom.; Ebro 11
to 14 prem.; Bank of India, Australia, and Chinii,
to prem.; French Crystal Palace, ato prem.
Thu dividends on Sardinian Five per Cent. Stock,
negotiated through Messrs. Hambro and Son—on
the Brazilian Empire Fund of 1643, of 732,6001.
sterling ; and on the Portuguese loan of 1823, all
falling due on the Ist December, are duly advertised
for payment.
Notice has been issued that the conversion of the
Mexican debt in Loudon will cease on the let April
next. After that date the bonds must be sent to
Mexico for conversion, an arrangement that would
be by no means palatable to the bondholders.
The following correspondence has passed between
the lately-elected committee of Turkish bondholders
and Mesas. C. Devaux and Co., the contractors to
the loan:

14, Merine-parade, Brighton, Nov. 12, 1852.
Geatbnnes,--I beg leave to onolo.. you copy of retain.
tits wasalatously paned at the meeting of Turkish bond-
Milan Mid yonsaday to which I request your Immediate
atitatita. been intimated to the committee that
yam fatted W and full explaaations et a meeting to be
usaysital by you early neat week, they have decided on not
waiting
saps ths
itrurs C. N Mimed
sad Co H. OUIDALLA, Chairman.
. yasa .
P. 8.—1 shall be obliged by your directing all manual.
tationt to um, cars of Josiah Bates, Esq., 26, Throgmorton-
sloort. _ _

Tha reply is as follows :
Leaden, 62, King William•stmt, N0v.13, 1862.
Sir,—We have received yesterday evening, your letter,
dated Brighton, the 12th inst., enclosing copy of a moo-
laden passed at a meeting porportmg to be one of the
Iftwldsli Bondholders, oa the llth inst. We have in reply
to etas., that we are not yet prepared to offer the niquised
espsaaseku as regards the conduct of the Ottssoas govern-
ment; but we are daily ezpseting a couusuataatiou frog
Pads as that subject, on the ritasipt of which ors prams I.