The Express.
London, England, 1858-09-21 00:00:00

MONEY MARKET-THIS i)AY.

Two o'OLooK.

The funds to-day are firmer, and the decline of
/ per cent., which was established yesterday, has
been recovered. The other markets are also stronger,
' for, although business exhibits little revival, pur-
chases predominate.
Consols are quoted 971 to for money, and
971 to I for the 12th October. The New
Indian Four per Cent. Debentures of the first issue
have been dealt in at 981 to 1; ditto, of the 2nd
issue, at 931; the scrip of the 2nd issue, at 981 ;
Exchequer Bills (March), at 355. to 38s. prem.;
ditto (June), at 255. prem. ; and Exchequer Bonds,
1859, at 1001 to I.__ _ _

The scrip of the New Turkish Loan has receded
to) to) die. The Six per Cents of 1854 are also
flatter, at 96 to ). The Brazilian Loan of
the preeent year has been dealt in as high as 1
prem. Peruvian Bonds continue in good demand.
Other foreign stocks are generally firm. Sales are
recorded as follows :—Austrian Five per Cent.
Bonds, 95/ ; Belgian Four-and-a-Half per Cents.,
1001(exch.25fr.; Brazilian Fora-and-a-Half per Cents.)
1868, 961, 97, 961; Chilian Six per Cents., 106 ;
Dutch Two-and-a-Half per Cents., 66, 66) (exch.,
1211.) ; ditto, for account, 86 ; Mexican Three per
Cents., for account, 22, 21; ; Peruvian Four-and-a-
Half per Cents., for account, 921, 93, 921, 93;
ditto Three per Cents. for account, 73, 721 ; Por-
tuguese Three per Cents., 1853, for account,
46); Russian Four-and-a-Half per Cents., 100/;
Sardinian Five per Cents., 93 ; Spanish Three per
Cents., 46; Turkish Six per Cents., 1858 (scrip),
die.; ditto Guaranteed Four per Cents., 1041;
Venezuela Five per Cents., for account, 401.
At Paris to-day (Tuesday) accerding to Mr
Renter's telegram, the Three per Cent. Rentes
opened at 72fr. 85c. for the account, and at half-past
one o'clock ware quoted 72f. 80c. The latter quotation
shows a decline of bo. compared with the lut price
of yesterday.
The prospect of a reduction of the Bank rate of
discount to 2) per cent. is again exciting attention,
in consequence of the enormous accumulation of gold,
and of the continued exclusion of the Bank from the
discount market. It is understood that there has
been for many months a respectable minority at the
Bank beard in favour of this step. The argument
principally relied upon by the other party is that,
as the terms in the open market would be at once
lowered so as still to underbid the Bank, that este-
, bliahment would derive little increase of business
from the measure, which might perhaps operate
mischievously, by stimulating a spirit of specula-
tion. It is certain that the Directors will
not make any change without full delibera-
tion. Still, should the Bank bullion pees
twenty millions, u it bids fair to do, it
will be difficult to resist the tendency of the present
state of things. During the few weeks immediately
preceding the payment of the dividends, the Bank
usually experience an accession of bailees' ; and, as
no such feature is now presented, it is reasonable to
infer that, upon the release of the dividends, the
market will become easier than at any former
period, and the prospects of the Bank, as
regards discount business, absolutely hopeless.
The propriety of reducing the rate will then probably
give rue to more earnest debate.
The annexed memorandum is from the Committee
of Mexican Bondholders :

The Committee of Mezioan Bondholders have received ad-
vices from Mr. Whitehead, dated Mszlco, the 4th ult.,
stating that the governor of Vera Cron, General Zaraora,
had ordered the collector of the customs at that port to set
apart the enignments belonging to the bondholders and the
oonvention creditors no all 'easels arriving from the date of
that order, viz., the 30th July last. This was entirely owing
to the call of her Majesty's steamer Basilisk, Capt. Fayre,
at Vera Cruz, under instructions from her Majesty's mi-
-1 mister in Mexico Mr. °twee. American government
etermar had also Mexico,
at Vera Cruz with despatches for
Mr. Forsyth, the minister of the United States in Mexico, to
what sfleM was not known.

The Veneioelan litoTsitor Industrial, of the 12th
August, thus describes a meeting of the British re-
sidents just held at Caracas :
. .

A meeting of the British residents in this city was held
this day, in conformity with an advertised notice convening
the runs (Thome Nevett, F.sq., in the chair), when the
following resolutions were unanimously adopted :
"1. That se British subjects they have felt It their impera-
tive duty to abstain from any interference while negotiations
relating to the differences between the two countries were
pending, but that now they deem themselves justified in
soliciting their government to demand from Venezuela such
tams only as are consistent with her laws, and not to en-
force such as would be, if complied with, an infraction thereof,
by the abstraction of persons now undergoing criminal pro.
endings.
" 2. That the meeting ventures to impress on their go.
varmint the necemity of a stringent Inquiry into all the
events which have caused the demands made on the Vona-
' tool= government, as it is of opinion that the result of such
Inquiry would prove that no necessity existed for resorting to
coseelys manures.

.• 3:Tuat the chairman appoint a committee to wait on the
Governor of this city, and request that he will be the organ
of opal:armloads" en the part of the British residents to
convey to the *slake I the expression of their
unqualified aomiliass the gisratiiss which they possess
both for emir prom awl prairie, fa its Just and honourable
protection.