The Express.
London, England, 1846-10-24 00:00:00

MONEY MARKET.

FRIDAY Evaimeo.
The market opened heavy this morning at the lowest quo-
tations of yesterday, but a purchase of 30,0001. Consols at
noon rallied prices to 95 to 1 for money, and 951 to 1 for
account. Reduced Threes, 931 to 1. Three-and-a-Quarter
per Cents. 934 to 1. Exchequer Bills 13s. to 16s. premium.
Long Annuities, 91 to 15-16. Bank Stock, 205 to 6. The
government broker took 50001. Three-and-a-Quarter per
Cents. at 951 for the Sas ings Banks, and 13001. Three per
Cents., 1726, at 94; for the national debt.
The transactions in foreign stocks, chiefly epaaish, were
rather more active to-day, but without any material fluctua-
tions in prices. The Fives left off at 261 to 6 ; the Threes,
371 to 1 ; Deferred. 17 to 1 ; Passive, 51 to 1 Portuguese
were 411 to 21. In Mexican there was a partial reaction,
and the prices were last marked 221 to 31. Brazilian, S 5 to
6. New Granada, 201 to 11. Venezuela, 41 to 2. Dutch
Two-and-a-half per Cents, 68; to 91 ; the Fours, 911 to 2.
Russian, 1101 to 111.
Foreign exchange was' again lower to-day on the chief
continental places. On Amsterdam, the rates were, 12.65
to I on Rotterdam, 12.51 to 1; on Antwerp, 25.971 to 26 ;
on Hamburg, 13.12 to 1; on Frankfort, 1211 to ; on
Paris, 25.90 to 95, all at three months.
It was announced to-day that the old and eminent firm of
Jeremiah Harman and Co., of this city had stopped payment.
The event did not create such a sensation as might have been
anticipated from the high etanding of the house. In this, as
in such instances generally, the embarrassments preceding
the final suspension became more or less known, doubtless,
in various quarters, although they might not transpire into
publicity. Mr. Jeremiah Harman, who gave his name to
the house, died some two or three years since, and the sale of
his choic: collection of cabinet paintings which followed at-
tracted much attention at the time, realising the sum of
27,0001. He was held in very great esteem both in his more
public and private capacity. Twice he occupied the elevated
station of Governor of the Bank of England, and served for
many years on the Boards of Direction both of that establish-
ment and the India Company. Since his decease the mer-
cantile concern has been carried on, we believe, by his two
brothers. The house acted as bankers or agents for the Rua
sian government, which, it is variously reported, will be in-
volved to the extent of from 4 to 600,0001.
BANK OF KNOT • —orier for the Reck ending Oct. 17.
71/111:1MT.
Government Debt. 111,015,100
Other tecarities 2,984,900
Gold Coin and Bullion 12,122,882
Silver Bullion 2,618,783
128,741,643

1651.7 Z DIN
Not booed £28,741,645 '

£26,741,60

XXL;4O D
Proprietors'espital £14,553,100
Rest
P7ll)lie Deposits (in
_____

- -
Government Securities Z
(including Dead
Weight Annuity) 12,808,119
Other Securities 12,788,939
Notes
Geld and 811aror Coln 401,403

cludlag Exchequer,
&Letup Banks, Com-
miss4ouen of Natal.
Debt. and DI Acts) 5,356,269
Other Deposita 9,084,274
7 Day & other Bills— 982,438
£33,408,331
Oct. 22, 1616.
_ _

I £33,408,331
M. MARSHALL, Mel Cashier.

5 per Ct. Brazilian Bonds, 88
25 per Ct. Dutch Equador Bonds,
31
I per Cent. Grenada Bonds, 26i
Ditto Deferred, 31
5 30th, per Cent. Mexican, Acct., Oct.
222
4 per Ct. Portuguese Acct., 42 11
5 per Ct. R
11uratan Bonds, 1822, E
et., 1111
5 per Ct. Spanish Bds., dlv. Nov.,
11340, 261

I FUNDS.
S per Ct. Span. Acc., Oct. 30, 261 1
Ditto Nance, 51
3 per Ct. Spanish Ada, 371
Ditto Ace., Oct- 30, 37.
2Dlttetro
Deferred,Ct. ela
111 Bds., 41
41gC:.9 Belgian Bonds, ex. 25
21 per Cent. Dutch Exchange, 12
Gtdl., 581 91
4 per Cl. Dutchlerdll., 91i 21 2

INOLDIH
8 per Cent. Reduced Anne., 931 4
3 per tent. Condole, Anna., NI
51 41 54
New 31 per Cent. Anns., 951 4
Loral; Anna., Exp. 3th Jan., 1860,
9 13-16 13.16
EXCHANGES AND STOCKS ABROAD.
Paws, Ocr. 22.—Gbwrs Authevaique, for money.— Three per Ornia,
82 60; Five per Cents., 117 75; Bank of France, 34 80. Reale de
Naples, 102 ; Roman Loan, 1021; Belgian rive per Cents. (1640),
1004; Ditto, 1842, 1021; Exchange m London, 30 days, 23 61k;
90 days, 23 50.
Ocr. 17.—Three per Cents., 334 for account 1 Pear pm
without 214 Five por Cents., 22 for acoount with Coupon eeriest ;
Debt interest, 64 ; Bank of St. Ferdinand, 140 ; ditto Wens,
130 cash. Exchange on London, 364 cash; discount, 6 per cent.
MEXICAN LOAN APPAIRS.—There was, we learn, a rather
stormy discussion at the meeting of the Spanish-American
committee held yesterday. The meeting was more fully
attended than any for some time past. The conversion party
endeavoured to show off with a certain air of bravado, -es if
in defiance of the recent exposures of the iniquitous schema,
but it soon quailed before the warmly expressed sentiments
of indignant reproval which tLe tvo;;;Ision, its authors and
abettor, met with from those more honourable members of
the committee who entirely dissented from it when first
proposed, and who have since neither acted upon it by con-
verting their bends, nor, some of them at least, have attended
the meetings of the committee at all. For, it should be known,
the conversion scheme was strongly opposed at the time by
one section of the committee, who, at least, could not be NW
petted of stock-exchange propensities or loan-mongering
in One gentleman, of high rank we believe, was so
indignant when the proposition was first made, that he took
his hat and walked his way, after a brief expression of dis-
gust, and has not since favoured the committee with his
presence.
It was attempted to amuse the committee with
accounts of the diplomatic opinions which Senor Murpky
had taken, and which went to show that he was
fully justified in the construction he had put upon his
powers. Ile had, it was said, consulted with the envoys of
Brazil, Portugal, and of some other state. Everybody
knows it is not difficult to obtain a favourable opinion from
a lawyer upon a case ez parte. When Senor Murphy shows
the case he submitted, the public will be better able to jip-
pre.ciate the judgment and integrity of the award. The
opinion of Baron de Moncorvo, for example, might carry its
weight, supposing that he were placed in full possession of
Senor Murphy's instructions, to say nothing of the reserved
contracts of parties in Mexico and here, to which he can be
no stranger. This attempted diversion of the conversion party
met with no attention. It was felt and expressed to be strange,
that the Mexican Envoy could not come to the committee
with a full and frank exposition of his powers and instructions,
rather than go hunting to be whitewashed amongst parties
half-informed probably in the case only, and courteously
disposed no doubt to administer a few words of comfort to a
brother in tribulation. The proposition, finally, to address
Lord Palmerston was acceded to by the gentlemen of the
anti-conversion party, with the expressed reservation that,
in their opinion, it could not be of auy real service, and did
not at all correspond to the exigencies of the ease in hand.
It does not oppear that any resolution was proposed call-
ing upon the agents for an account of the amount of bonds
converted, created, and therefore in circulation; nor, more-
over, of any resolution calling upon them to deposit all the
old bonds, deferred stock, debentures and coupons, converted
and exchanged, in the Bank of England. On occasion of
the former conversion the old bonds, &c. were so deposited,
and there remained, waiting the ratification of the operation
by the Mexican government, failing which every bond-
holder was entit:ed by agreement to have his original bonds
• returned to him.
It would be extraordinary to find so much confusion
always, or something worse, in the loan and financial
management of the more northern republics of Spanish
America, were it not that openly or stub-rosa the same
hands and agencies are seen at work in all of them. No
confusion suck appears in the loan concerns of Brazil and
Chile, nor even in those of the non-dividend paying states
of Buenos Ayres and Peru.

DS.—Ocr. 23.
South Sea New Annuities, NI
Cocoas for Acct., 941 si
Ka. Bille, a:1,0.4410n 16 13
Ditto, f5OO, 13
Ditto Small, 13