The Express.
London, England, 1853-09-20 00:00:00

MONEY MARKE.

MONDAY EVENING.
The funds were flatter to-day, and, after ruling
for a time at a reduction of per cent., finally closed
k worse than on Saturday. The market throughout
the day was free from excitement and fluctuation,
business being quiet. The downward tendency ob-
servable in the afternoon was checked by intelli-
gence of an improvement on the Paris bourse of to-
day, that market being closely watched at the pre-
sent period of political suspense. Purchases against
previous speculative sales continue to afford support
to the market. Money in the Stock Exchange has
ruled at about 3 per cent.
Consols opened 931 to 1 for account, improved 5,
fell back again to the opening price, and finally
closed 951 for cash, and 951 to tor the 13th Octo-
ber. The official business report includes :
Three per Cent. Consols, for money, 951, 1; ditto for
account, 951, 5, t„ 1. India Stock, 230, 253. South
Sea Stock, 1141.
Exchequer Bills ruled at 7s. to 3s. die., and India
Bonds at par to Sc. prem.
Foreign stocks were more freely dealt in, and
prices were generally well supported. Mexican and
Spanish were both better. Russian seems steadier.
Peruvian Actives were freely dealt in, and fully
maintain their late rally. At 4 o'clock Mexican Bonds
were quoted 251 to 1 ; Spanish Deferred, 225 to ;
the Committee's Certificates, 31 to 55 per cent. Peru-
vian Four-and-a-Half per Cents., 77 to 78 ex. div.;
The sales reported arc as follows :—Belgian Four-
and a-Half per Cents., 98 (exchange, 250 Brazilian
Old Five per Cents., 102, 101 ; ditto Five per Cents.,
1829 and 1839, 1011; ditto for account, 30th Sep-
tember, 1011. Dutch Four per Cent. Certificates,
975, 1. Equador Bonds,4l, 41. Granada Deferred,
9. Mexican Three per Cents., 23, 251.; ditto, for
account, 255, f, 1. Peruvian Four-and-Half per
Cents., 771, 78; ditto, for account, 771, 78, 77, 78.
Portuguese Five per Cents., cx. all overdue coupons,
443; ditto Four per Cent., for account, 433. Rus-
sian Four-and-a-Half per Cents., 1001, 3. Sardinian
Five per Cents., 93, Spanish Old Three per Cents.,
1. 461, f ; ditto New Deferred Three per Cents., 221;
ditto Passive Bonds (Converted), 5; the Committee's
Certificates, 51 per cent. Venezuela Three-and-a-
Half per Cents., for account, 37, 361.
Money to-day was, if anything, a shade easier,
where parties of first-rate standing were concerned.
The rates of discount "out of doors," however, are
still equal to the minimum charge of the Bank of
England, viz., 41 per cent. From the country we
have intelligence that money was tighter.
As regards the movement of the precious metals,
we have several items of importance to report to-day.
Owing to the available supplies of silver being still
taken up gradually for remittance to India and China,
the Peninsular and Oriental Company's steamer
Ripon, which will leave Southampton to-morrow
for Alexandria, will take out the large sum
of 429,0701., of which 34,8001. is in gold,
and 394,2701. in silver. The destination of
this shipment is shown below, viz.—for Malta, gold,
2,100/.; for Alexandria, gold, 25,0001. ; for Aden,
silver, 3,2551.; for Bombay, silver, 33,7001.; for
Madras, silver, 10,4151.; for Calcutta, silver, 14,0001. ;
for Penang, silver, 4.900/.: for Singapore, silver,
118,0001., and gold, 3,000/.; for Hong-Kong, gold,
2,700/., and silver, 48,000/.; for Canton, silver,
140,0001. The amount of the precious metals taken
out by the Magdalena is 81,793/., besides 2,300/. in
jewellery. The object of this remittance, which is
ebiefly in gold for Peru, was explained by us last'
week. The Tagus has also taken out 25,2051. in
specie for Lisbon.
The amount of the precious metals brought in by
the Orinoco, from tho West Indies and Mexico, is
1,024,844 dole., or say 205,000/. sterling. Of this
amount 669,000 dole., or about 134,000/., is in silver,
which will merely pass through this market. The
four million dollars in silver previously advised as
on its way to this side, was expected to reach St.
Thomas in time for transhipment on board the
packet which will be due at Southampton on the Ist
of October.

The remittances of gold to Russia continue. It is
known that the two Hamburg steamers, which will
leave London on Tuesday and Friday, will take out
100,0001. in gold, en route to St. Petersburg. The
route via Hamburg is the only one immediately
available for this operation, as there is no direct
steamer from this side to the Russian capital before
the 30th inst. The whole of the above-named sum,
it may be mentioned, will probably be drawn from
the Bank of England, which is understood to have
still in its coffers about two miilions sterling of Rus-
sian gold half imperials. This coin the Bank pur-
chases in sums of any magnitude, at a filed price of
775. Bd. per ounce, and sells them at 78s. 2d., the
difference of 6d. per ounce representing the Bank's
profit.
The remittances of gold to France have not
ceased, but they are now small. On the other hand,
we may mention that some small sums of the late
Australian gold imports were presented to the Bank
to-day for purchase.

The Isabella Blyth has arrived in the Downs from
Sydney, but her dates arc only to the 9th flay, and
she is not known to have any gold on board.

The Arabia has brought in from New York
210,529 dollars, or about 42,1001. sterling. The
market for exchange on London closed flat, at 109
to owing to the large shipments of flour having
considerably increased the supply of bills on Eng-
land.

In Mark-lane to-day the fine weather and the
extreme prices demanded by importers said holders,
checked business, but the advance obtained last
Friday was fully maintained for wheat and flour on
the spot ; whilst for floating cargoes of rye and
Indian corn prices were 2s. higher than on Friday.
Compared with the rates of last Monday, the rise in
English and foreign wheat on the spot is 3s. to 4s.
per qr.; in flour, Is. to 2s. per barrel, and 59. per
sack ; and in barley and oats, le. American flour
ruled at 355. to 365. per barrel. In floating cargoes
few sales are reported, owing to the high pretensions
of sellers, and the small number of cargoes offering.
Bcssarabian Indian corn on its passage is said to
have fetched 375., including freight and insurance ;
and a cargo of Ismail arrived, ;J59. 6d.
No arrivals of grain have been reported off the
coast for the last few days.

The tallow market was firmer today, there bring
at the close of business buyers of Russian tallow for
October to December at 535. Gil.

Annexed are the latest reports from continental
bourses, as received by Mr. Reuter's express :
Amsterdam, Saturday, closing prices:—Dutch Four
per Cents., 941; ditto Two-and-a-Half per Cents.,
62 9-16; Spanish I /der' ed Three per Cents., 22 ,)-16 ;
the Coupons, 5 13-16; Austrian Five per Cent. Metal-
lies, 81 ; Mexican New, 24 9-16 ; Granada Deferred,
91 ; Portuguese New, 391; Granada Active, 214;
Peruvian New, 77. Paris : Closing prices this day :
Three per Cent. Itentts, ;7.35 ; ditto Four-and-a-
Half per Cents., 101.73; Bank Shares, 2,800.

Int.per ct. per annual at
the rate of c wide: d paid
Pres. Price. RAILWAY. Last 4 year. Last year
35 Midland Stock ad 5 13 lii 5 12
Di Liverpool, Crosby, and Southport ad 417 114 5 3 1171
134 South Eastern
57 Midland, Birmingham, and Derby
50 Great Western ad 5 0 0 5 • 0
12 London and North Western Fifths ad 5 6 0 5 0 0
101 London and North Western Stock
154 York, Newcastle, and Berwick ...... ...ad 416 9 416 9E
46 L,neashira and Yorkshire Stbck
16 East Lancashire Id 413 9 413 0
61 Midlaudereat Walters—lreland ad 4 13 14 4 13 14
46 Dublin and Belfast ad 4 17 hi 4 13 46
6S Glasgow and South Western ad 4 12 al, 4 12 31
98 Bristol and Kamm ad 411 lb 411 l•
12 Eastern Couutles ad 4 211 411 11
82 London and SontkWestern ad 46414 It 3
97 London, Brighton, and South Coast ad 314 2 410
34/ Edinburgh and Glasgow ad 4 6 2 4 8 2
62 Gt. Southern and Western—lreland ad 4 G 66 4 6 6
94 Lancaster and Carlisle ad 4 5 Of 4 3 0
27i Caledonian 3 12 8/ 4 I 10
23 Yolk and North Midland ad 8 2 24 3 17
18 On at Northern ad 3 9 Si 3 9 5
1: Llo.ster and Birkenhead ad 3 12 is 3 41

Zile erpreoo.

TO rOItItESPONDENTS.
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Ix p,-t.

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mu.t t• at the 011. r, Id, Llottoorto-otroot. by two o'ctarit on the
tla) w pulossaittuo.

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LONDOS, TUESDA Ir, SEPTEMBER O.

Ac ,ts the news of what the English Ministry
have been doing reacher the English public through
a foreign newspaper. John Bull is not to be told
his own busmen, but it may be told to French-
=n, Greeks, or Austrians. In a news paragraph
of the .Inirnnt its of Sunday last it is stated
that M.. ItEssr.s left London un the kith inst. with
despatches fur our .Imbussador at Constantinople;
that be arrived in Paris un the morning and left it
on the evening of the 11111 ; that ia the interim be
communicated to the French Government the instruc-
tions of which he was bearer; that these instruc-
tions arc " most urgent and categorical, and were
adopt-.d unanimously at the celebrated meeting of
Lord .11;LRDELN with Lords CLARENDON, Ea-
,' roN, and I.ord Jolts RUSSELL." In an
argumentative article on the state of the
Eastern question, in the same number of the
I);sitts, art outline is given of the " precise and formal
instructions sent a few days ago to Lord STRATF ORD
DE Itsui LtrrE" by his Government. They are in
effect :—That the Engiish Ambassador is to demand
the adhesion, "pure et simple," of the Porto to the
Vienna proposals, and the retractation of the modi-
ficatior.s of the 19th of August; that he is to inti-
mate, in the event of the Porte's refusing to comply,
that they must look for no support from the Four
Powers in the war that will be the consequence;
that he is to offer the assistance of the French and
English fleets to put down any i,itieute that may
break out in Constantinople on account of the Porte's
complying with his demand ; that ho is to offer similar
assistance should OmEa Pscit t take upon him to act
without, or in disobedience to, the orders of the
Divan. Both the paragraph and the article are
subscribed " Anmssu Beam." It is difficult to
disbelieve an account so circumstantial—told with
equal firmness and absence of exaggerated phrase--
in a journal notorious for its caution.
English Ministers have a stereotyped answer
when called upon to contradict a newspaper report—
" They cannot condescend to controversy with a
newspaper." To some people there might appear
to be less condescension in publicly repudiating an
unfounded aspersion in the columns of a newspaper,
than in privately supplying it with stories true or
untrue. The point is not worth debating. The
AI:II:DEEN Ministry may preserve its Spanish dig-
nity, and abstain from condescending to contradict
the circumstantial narrative of their latest proceed-
ings in the Eastern question; but it they do, they
must make up their minds to find that story believed.
Their reticence in Parliament has awakened sus-
picion, and the minuteness of the details in the
statements signed " Mem IND BERTIN " looks like
confidence on the part of the writer in the in.
formation and veracity of his authority. And yet if
we believe it, what are we to think of the con-
sistency, integrity, and common sense of the four
English Ministers who "u runaninaitA" resolved to
send such instructions to their representative at Con-
stantinople ? To appreciate these instructions aright
it is only necessary to look at what they ask and expect
the SULTAN to do. The ambassadors of the Four Powers
at Vienna take upon them to prepare a note which
they think the SULTAN can and ought to address to
the CZ tit, and the CZAR can and ought to receive as
satisfactory from the SULTAN. They send a copy of
this note to St. Petersburg to ask the CZAR whether
or not he will be satisfied with it ; but they do not
think it worth their while to ask the SULTAN whe-
ther he will be disposed to send it. They treat the
CZAR as an equal or superior ; the SULTAN as a sub-
ject who must obey their orders. This difference of
treatment would of itself have warranted the SCL-
TAN to refuse to place himself in such
an undignified position. Bat in addition to
this the SULTAN, by consenting to address the
CZAR in the terms of the note, would virtually have
confessed himself to be a vassal of the CZAR. Regard
for his own dignity, regard for his independence as a
Sovereign, regard for his safety from an insurrection
en 111111110 of an outraged and indignant people, alike
commanded the SULTAN to refuse his adhesion " pure
et simple" to such a note.

Hereupon the English Ministers, who have from
the beginning of these troubles professed to be acting
as the friends of the SuLtix,—who have declared that
the occupation of the Danubian Provinces by Russia
was a legitimate cants belt,—who have vowed
and protested that the maintenance of the in-
tegrity and independence of the Ottoman Empire
is a matter of European concern, despatch to their
Ambassador at Constartinople a special messenger,
instructing him to demand of the SULTAN to perform
an act by which ho would declare himself the infe-
rior and vassal of the CZAS to threaten, in the
event of the SuLTAN's refusing to comply with this
unworthy demand, to allow Russia to violate the
integrity and independence of the Turkish Empire—.
European concern though it be; and to promise
that if tie SULTA.`t is base and cowardly enough to
comply, and his people sufficiently brave and high-
spirited enough to refuse, the fleets of England and
France will join with Russia to compel the
Ottoman people and armies to yield to the
ezte and his Imperial vassal! If the English
Ministers have acted thus, they have shown a want
of integrity, for they encouraged the SULTA.N to ex-
pect far other things of them ; they have shown a
want of consistency, for they declared the mainten-
anee of the independence and integrity of Turkey
an European concern, and now affect to look upon
it u a mere private aft'ur of Turkey itself ; and they
have shown a want of common sense in strengthen-
ing the hands of Russia to carry out its hostile
designs against our own trade, and against the com-
mon liberties of Europe.
The concluding remark+ of H. Seam on the
painful revelation of which he has made the co-
lumns of the D'buti the vehicle, are sufficiently pi-
yulnt, whether we consider them as an expression of
grave indignant irony, or of obtuse bonhonimi,:—
Doubtless it would be a strange oolution of the
Oriental question which should be owing to the in-
tervention of the Freech and English squadrons,
entering the Dardatr..lles, no longer to protect Con.
stantinople from a Russian invasion, but to protect
the SULTAN from a Constantinopolitan o'meute. Such a

spectacle would astonish the world; and yet, on
reflection, perhaps it might be admitted that the
squadrons had net abandoned the original object of
their mission, which was to maintain the peace of
Europe. The means would be different, but the
substantial result would be the same—of course it is
understood if the inconveniences of the future were
left out of account." The means are indeed different:
peace, if preserved by acting upon the instructions
said to have been forwarded to the English Minister
at Constantinople, will be preserved by making com-
mon cause with Russia in an act of unprovoked vio-
lence and plutder ; whereas it was understood that
peace was to be preserved by standing between Rus-
sia and its intended victim. Are the French and

English Governments going to act like schoolboys,
who, finding their attempts to dissaao..l their com-
rades from rubbing an orchard unavailing, join with
them at last rsther than go without a share .of the
The persevering way in which those morning and
evening London journals understood to be honoured
with the confidence of Ministers, labour to pre-
pare the public mind of England, if not to acquiesce
in such a Whourment, at least to persuade readers at
a distance that the public mind of England is dis-
posed to such acquiescence,—is another of the circum-
stances which impart a painful verisimilitude to the
statements in the Jmrual (ice D4buts. The morning
' organ, it is notorious, has to this end sounded alter-
nately every note of the gamut of misrepresentation,
from insidious wheedling to more congenial brutal'
bullying ; and the evening organ, no longer ago
than yesterday, was mean enough to resort to gar-
bled extracts from the Daily Nrirs, with a view to
misrepresent the sentiments of the liberal and inde-
pendent English press.
It is very painful to have to think and speak of
such things. From an ABERDEEN, perhaps, nothing
better was expected ; but alas for the reputation of a
RUs SELL, a CLARENDON, and a PALMERSTON, if the
news be true. Their most strenuous partisans will
only be able to hang their heads ani blush for them.