The Express.
London, England, 1851-04-17 00:00:00

MONEY MARKET.

THIS DAY.
Two o'Ctocx.
The English stock market has scarcely maintained
the highest rates of yesterday, but a fair amount of
steadiness is generally exhibited. The business is
not very extensive, though it includes another pur-
chase of the Rediked Three per Cents. by the govern-
ment broker.
Consuls have been steady all day, at the quotation
of 971 to 1, both fur money and the account of the
13th of May. The fact that the lute both for money
and time has ruled almost identical, must be reg.:mica
as unusual at so early u period in the account. The
list of the day's transactions is : Three per Cent.
Consols, Ili!, ; ditto fur account, 97,, ; Three
per Cent. Reduced, 961, ? Three-and-a-Quarter
per Cents., 98, 4 971. Long Annuities, 1860, 7g;
India Stock, 2(4,
The unfunded securities remain steady. Exchequer
Bills of all sizes have been dealt in at 51s. and .575.
prom.; and India Bonds, large, at 635. prem.
In the foreign stock market business is chiefly
restricted to two or three descriptions, which at the
present moment circumstances bring more pro-
minently forward. The critical state of affairs in
Portugal has brought in numerous sellers of
the bonds, and the price of the Four per
Cents. has been depressed as low as 31),
which shows a fall of about 4) per cent. since
the intelligence of the revolutionary movement
reached here. Towards the close of business bows
yesterday, speculation was more vigorously prose-
cuted in Mexican Bonds, and the price reached
311 for amount, but it closed worse as the
upward movement brought forward sellers. To-
day a good many sales for time have been made,
and the quotation has been kept in cheek, ranging
from 311 to ), and last marking 311. Spanish
Bonds have been rather better to-day. The bu-
siness marked is : Belgian Four-and-a-llalf per Cents.,
91. Two-and-a-Half Iper Cents.; Dutch, 581, 59;
ditto Four per Cent. Certificates, 90. Mexican
Bonds, for account 30th of Apri, 30, ail,
Portuguese Four per Cents., 32), 32, 31), 321.
Russian Four-and-a-Half per Cents., 99; ditto small,
991, 99. Spanish Active Five per Cents., 19;,
Venezuela I tekrrod Bonds, 12;.
The final settlement of the fortnight's account in
the foreign stock market has not passed over without
the occurrence of u further casualty, which has ex-
cited some sensation in the " house?' This is the
failure of a dealer, Mr. James Sinallhone,l
under circumstances which have called forth
strong continents on the part of many of the mem-
hers. The party in question is stated to have passed,
in the course of yesterday, cheques to the amount of
about 20,000/., which have been returned. To meet
his dishonoured cheques it is said that he has only
about 7 Md. in the hands of his banker.
To-morrow, being Good Friday, will be kept, as
usual, as a strict holiday in the City, and the banks,
Stock Exchange, and other public offices will be
closed.
From the committee of Spanish bondholders we
have received the following :
Madrid, April 10, 1851.
James Capt.', of the !"oramittee of Spauish

Bondholders, London.

Dear hasten to infora; you, that to-day's Gazefee
contains the decree convoking the new Chamber of Depu-
ties for the Ist of June. Although, according to the con-
stitution, the government might have delayed until the
7th of July the no sting of the chamber, yet they have en-
deavoured to abbreviate this period, in order to calm as
won as possible the natural anxiety of the bondholders,
who, after giving so many proofs of patience and modera-
tion, have been agailt frustrated in their hopes in the very
• moment when a new era was expected to commence for the
credit of Spain. As untoward its this circumstance is, it is
gratifying to me to lw able to inform you, that his Excel-
lency Senor Bravo Murillo, President of the Council of
Ministers, whom I have had the honour to we respecting
the subject, has given me the most positive assurance that
the project for the settlement of the debt will be one of the
first laws submitted to the new chamber.
The great efforts which his Excellency recently made
to obtain the sanction of the lust chamber, are a sure
guarantee to the bondholders that the government will fulfil
so sacred an obligation, so as to justify the good faith of
Spain from this involuntary delay. The funds have re-
covered in sonic degree front the tint unfavourable impres-
sion, and they closed to-day:
The 5 per Cents., with four over-due Coupons •161
„ Debt without interest
„ 3 per ('eats 36
With the reiterated assurance that my best services will
always be at your disposal.-1 remain, my dear sir, your
most obedient servant, DANIEL WEI.WEILLEIL
• I think this should ne 15,3 p.
The Committee for the Tribunals of Commerce
have just issued a fresh circular, which contains a
list of the einninittee as remodelled, and which in-
cludes not only a score members of parliament re-
presenting all the fps:at towns, but the heads of a
number of mercantile firms. We are surprised the
Committee of inquiry has not yet been moved for in
thellouse of Commons, preliminary to bringing in
the bill.
The transactions in Bank shares this week have
been limited, and at former vriees. The sales com-
prise: Australasian (40/. paid), 331; London and
County (201. paid), 221 ; London Joint Stock (101.
paid), 171; London and Westminster (201. paid),
27; ; National of Ireland (221. 10s. paid), 201,1 ;
Union of Australasia (25/. paid), 341; ditto (21. 10s.
paid), 31; Union of London (101. paid), 121.
In the market for steam-boat shares there is a
rally in Peninsular and Oriental, and a fall in
Royal Mail Steam. General Steam Navigation
mark 28 ex. div. Peninsular and Oriental, 661, 68,
67; ditto New (5/. paid), 11, 1, 11, 1, 4. Royal
Mail Steam, 781, 78, 77, 76, 741. Eastern Steam
scrip came out this week, and has been dealt in ex-
tensively at rates varying from 1 to 1 premium. The
new stock of the General Screw Shipping Company
is to be allotted next week.
Shares in the various insurance companies main-
tain former quotations, with the exception of the
Equity and Law, and United Kingdom, which arc
weaker.
Miscellaneous shares have been dealt in as follows:
-Anglo-Mexican Mint, 201; ditto, half shares
(21. 10s. paid), 6. British American Land, 14).
Canada Company, 47. City Navigation Bonds, 96.
Hudson's Bay Stock, 205. Price's Patent Candle
Company, 21. South Australian, 241. Van Diemen's
Land, 1 to '2.
The latest quotations of exchange on London at
foreign places arc as follows :
Previous Latest
Quotations. Quotations.
Alexandria 97 p. 97p.
Barcelona (90 days) - 50 3-sd.
Bombay (bank rate)
sight
Ditto (six months) 2s. Id. 7.16 2s.
Bahia 3od. 30d.
Buenos Ayres - 745. 755.
Corfu

Calcutta (document
bills)
Canton
Cadiz - 51 1-20d.511-105.
Colombo (6 months) 86 to 89 86 to 89
Florence (3 months) 291. 90 291. 90
Gibraltar (90 days) 5051, .515. 5055. SW.
Leghorn (3 months) WI. 80 291. 75
Lisbon 5455. Mt Id.
Malaga (90 days)
Madrid
Manilla (30 days) 4s. 7d., 4s. &L 4s. 9d., 10d.
Ditto (six months) - ss.
Milan, 3 months
Mobile
New Orleans 1075, 85 109
New York (sixty
days)
Oporto -
Parts, short
Ditto, 3 months 24f. 85 24f. 85
Philadelphia llO5 11051305 d
Pernambuco
Rio Janeiro
Savannah
St Petersburg(3mo) 3713-16 d. fd. 37 11-16 d. Id.
Salonica (3 months) 117.30 118.10 117.20 118
Syra 28.60 28.70
Smyrna
Shanghse (credit
bills 6 months)
Trieste 1211.58 138.
'Venice 291.28 291. 30
Vienna (3 months) l2ll. 59 138.