The Express.
London, England, 1849-10-19 00:00:00

MONEY MARKET.

Tnoasoar Bemire
The market for the English fends to-day has again
been very unsteady. There was nothing in the se-
men?. from abroad to occasion the fluctuations which
the lands underwent, and they an only be ascribed
to • good deal of activity on the part of the preda-
tors, and to the final settlement of speculative account,
which were not coneluded yesterday. Consols far
money opemel at 911 to I, from which they early
declined to 913, the lowest point; they thou rallied
and recovered their first quotations, the last transac-
tion being marked 913. Foe account they opened at
911 to 2, bet soon fell to 911, they then be
came more steady, and attained their first
price, closing at 914 to / f.:r money,
and 91/ to I for the lath November. The Three per
Cents. Reduced were done at prime ranging from
901 to 3; end the New Tnree-and-a-Quarter per
Cents. at 91/, 1,3, and Lett at 911.
Exchequer Bilis maintained 44e. and 475. prem.
Long Annuities were done at 8 7-18 and 3; ditto,
30 years, 18.59, at 83; ditto, 30 years, 1860, at
811-16 and 9-16. Bank Stock was negotiated at
1973, 7, and 83. India Bradt, at 81s. and 81s.
prim. South Sea Old Annuities, at 871.
In foreign securities the business done was on a
small scale, and, with the exception of a trifling de-
cline in the value of Dutch, Portuguese, and
Mexican stock, there was no novelty to
report. The actual transactions noted were
:
Brazilian, at 81. Chilian Three per Cents., at 53.
Danish Three per Cants., 1825, at 733; Mexican
(ex January coupons), at 271, 261, 1,1, and 3. Peru-
vian Four per Cents., 1819, at 631 and 3 ; ditto
Deferred, at 19 and 1. Portuguese Five per Cents.,
821 ; ditto, Converted, 1841, at 34 ; ditto, Four per
Oasts., at 341, 34, 333, and 34 for moor y, and 331,
1, and 3, for cceount. Russian, at 107. Spanish
Five per Cents. et 16; ditto Paaave Bonds, at 33 ;
ditto, Three per Cents., for account, at 331 and 1.
Venezuela Deferred, at 83. Data Four-per-Cents.
Certificates, at 821,
According to letters dated yesterday from Amster-
dam, there was little doing in the National or other
public eecurities, and the quotations for Integrals re-
maned about the same. Russian were also firm.
French were stationary. Venezuela a shade better.
Portuguese were still in favour. The latest quota-
tions were :—Dutch Two-and-a-Half per Cents.'
53 7-16 ; ditto Three per Cents. Certificates,
631 ; ditto Four per Cents., 83. Belgian Two-and-
s-Half per Cents. (Rothschild), 481. Spanish
Ardoio, 10 11-16 ; ditto Tt,ree per Cent. Interior
Debt, 26 13-16. Portuguese Three per Canto., 343 ;
ditto Four per Cents., 351; ditto New Three per
Conte., 291. Raesian Five per Cents. (Hope), 1798-
1816, 1043; ditto Five per Cents., 1828-9, 1043;
ditto Five per Cent. Certillon'es, 1831.3, 933; ditto
Four per Cents. (Stieglitz), 84. Austrian Five per
Cent. Metalliques, 951; ditto Two-and-a-Half per
Cants., 44. French Three per Cent. Obligations, 513.
Danish Five per Cents. (English), 101. Brazilian,
881 ; ditto 1824, 20W., 851. Mexican, 25 5.16. Gre-
nada, 173. Pernvisa Four per Cents., 533. Equador,
3. Venezuela, 264. Handelsmaatechappy shares, 164.
Discount ruled at 21 per c nt. Exchange on Loudon,
at sight, 12.71; on Paris, 56.811; on Vienna, six
we.ke, 33.50. The sovereign was worth 12 to 12.15;
the pillar dollar, 250 to 2.60; the Prussian dollar,
1.74 to 1.77. _ _ . .

Ants erp letters of yesterday, state that the Belgian
and Spanish fends were very firm. The Roman ob-
ligations maintained previous rates, totwithetsoding
the decline on the Pens " bourse." The followiog
were the money prices at which business was done ;
Belgian Five per Cents. at 93 ; ditto Four-and-a-
Halt per Cents. at 871; ditto Two-and-a-Half per
Cents. at 49. Lean of 1848, at 94. Roman, 771.
Austrian Five per Cent. Metelliques, 881; ditto
" las" of 2508., 1839, at 678. Spanish Ardoin at
10: ; ditto Three per Cent. Interior Debt, at 28!.
Polish " lots" 300 fl., at 413 ; ditto 500 ft, at 300.
Baden " lots," 60 8., at 112; ditto Obligations, 35 8.,
at 681. Hesse " lets," 25 ft., at 371. Hesse Electo-
rate Five per Cent. Obligations, 40 dole., at 125.
Nassau "lots," 25 8 , at 331. Sardinian Five per
Cent. Obligations, 36 f., at 331.
The advice, of the 13th from Vienna, report consi-
derable dulness on the boorse,with a alight decline in
the rational so-urities. The New Four-and-a-Half
per Cent Loan had been done at 841, or 1 per cent.
diecount. The Metalliques Five per Cent. at 951 to
a ; ditto Four per flint, 78; ditto Two-and-a-Half
per Cent., 481. Loan, 1814, 1611. loan, 1839,
1111. Bask Shares, 1213. Milan Railway, 84/.
Northern ditto, 110. Exchange on London, 10.61 ;
Hamburg, 1681; Paris, 1281; Frankfort, 1071;
Amsterdam, 150. Gold Agio, 12 per cent ; Silver
Agio, 71 per cent.
Commercial advice, of the 9th, from Trieste, report
a dull market for most article* of colonial produor.
The great improvement in the exchanges had induced
buyers to expect lower prices, which the holders
were very unwilling to concede : this had produced a
partial suspension of business, to whil the cholera
had also in some measure contributed. Cotton was
neglected, owing to the 'tucks at Venice, from whence
it can be supplied on cheaper terms. Holders
had shown some disposition to accept lower rates. The
stocks were small and no large supplies were expected.
The holders of coffee were firm in not submitting to
any decline on account of the exchanges, but for the
ordinary ants demanded an advance. The stocks of
swears; very heavy, which, with the declining ac-
counts from all other markets, bad caused prices to
give way • bat this had not given rise to any import-
ant transietiors. Hides were in limited request. Co-
on was dull, with a heavy stock. Dyewoods were in
fair request. The stock of indigo did not exceed 250
chests. There was a falling off in the yield of hemp
is most districts—old Ferrara was quoted 178. and
Crete 196. per 100 lbs. The new hemp would not
command these prices. The rate of Exchange on
London was 10 401.
Advice, have been received at Liverpool from the
Brazils which extend to the 21st August from Rio,
the 30th from Bahia, and the 61 September from
Pernambuco.
At Rio the exchange was Arm at 26d. The price
of coffee had advanced, and was then quoted,
an at 3.600 dots. to 3.800 dole.; good first, 3.300
dole. to 3.500 dots. • ' regular, 3.100 Lis. to 3.200 dole.
Coals were worth 13 dots. per ton. Freights were
looking down, and the rates to the Channel and the
United Kingdom were 465. to 60e. and 5 • 'T cent.

Per
At Bahia-the eze!tiaie yes. Ira it 234 d.

were quoted 1.400 dole. for white and 1.900 dols7for
brown the anoba. The last charter to the Channel
was at 451. and 5 per cent. per ten, and for cotton to
Liverpool acd 6 per cent. per lb.
• Pernambuco advicee state that the supplies of sugar
were becoming more limited, and that the inquiry for
this product was no longer so brisk. The prices thee
reit oit were in came, whi'e and brown, 1.200
dole. Ia bags, common assortments, 2 500dula.to 2.600
dole. ; low qualities, 2.150 dole. to 2.300 dole. ; Mosco-
• utile 5,1.650 to 1.900 dale. The stocks of cotton had
all been disposel of for Eogliph and Spanish account
at 4.800 to 5 dole. the strobe, at which it was no
longer obtainable. Dry salted bidet continued with-
out any veriatioo, and were qooted at 100 re., equal
to 3kil. per lb. Tao price of rum had advanced, in
courquenre of the inquiries for export to
the mast of Africa and the River Plate.
Of codfish no arrivals bad taken place, and the
stock was reduced to 3,000 drums, principilly of
in'erior quality. The prospects for tlic first arrivals
of the rear c .tch were very promising. The stock of
flour was reduced to about 6,000 barrels. Irish
butter had realized 610 re. per lb.; French ditto,
440 to 460 n. per lb. All the recent importations of

locals bad been disposed of at 12 ilals._pir ton,
was still offered for any to entree 116110
d
salt, for want of suitable offers, haiauloceed iseuthe
Money was scarce; and Ole e was very Arch
at 26d. Freights were Beth* sinus oil state as last
reported, there being no produce offering for' ship-
ment. The followirg quotations, therefore, tenet be
considered nominal: 7-16 to id., and 6 per cent. for
cotton to Liverpool, and 20r. to 235. per ton for sugar
as ballast.
We have received a 14ter from a known eas-
et, on the subjeet of the present system of
rraTrmelennianagement, suggesting that each proprietor
" should have a voice proportionate to his stake in
the management of his own affairs." To this we see
no reasonable objection ; the same rale obtains with
the proprietors of India Stock, and might with equal
jnstioe be applied to railway property. The proprie-
tors of railway stock have the election of their own
directors, sad the remedy for one-half their griev-
aeon as to present management is in their own
power ; but if they cannot agree to apply it, they
have no right to complain to others of their own su-
pineness and neglect of their own interests :