The Express.
London, England, 1861-05-06 00:00:00

MONEY MARKET.-(THIS DAY.)

Two o'CLocx.

There is still no movement of importance in the
funds. Console are quoted exactly tho same as on
Saturday afternoon. English railway stocks con-
tinue to decline, and Lombardo-Venetian to rise.
The latter are last marked 1 prem. Business
throughout the Stock Exchange continues inactive.
At Paris this morning, according to Mr. Reuter's
telegram, the Three per Cent. Bente' were quoted
69fr. 50c., being sc. better than on Saturday.
Consols are quoted 912 to 2, both for money and
the 9th inst. The official business report is as
follows :—Bank Stook, 2321, 232, ; Three per
Cents. Reduced, 00, 1, 90 ; New Throe per Cents.,
90/, 90 ; Thirty Years' Annuities, 1883, 132, ;
India Stock, 2231, 225 ; ditto Five per Cent.
Stock, 101/, 1, 102; ditto Four per Cent. Deben-
tures, 1868, 961 ditto 1859, 961 ; ditto Bonds,
20s. die. ; Exchequer Bills, 65., is., 2a. die.
The Turkish Loan of 1854 is rather flatter, at
712 to 2, whilst that of 1858 is steady at 562
to 572. Mexican Bonds have again declined.
Sales are recorded 118 follows :—Brazilian Four-
and-a-Half per Cents., 1860, 87+ ; Buenos Ayres
Deferred, 28 ; Dutch Two-and-a-Half per Cents.,
631 (exchange 128.) ; F.quador New Consolidated,
121; Mexican Three per Cents., 23 ; ditto for ac-
count, 231, 231 ; Portuguese Three per Cents., 1853,
; Russian Five per Cents, 102 ; Sardinian Five
per Cents., for account, 801 ; Spanish New Deferred
Three per Cents. , 421; do. for account, 421,1; Turkish
Six per Cents., 1854, for account, 711; do. Six per
Cents., 1858, 56+ ; ditto, for account, 572, 561 ;
ditto 1001. Bonds, 59 ; ditto Guaranteed Four per
Cents., 100+; Venezuela Three per Cents., for
account, 191, 1 ; ditto One-and-a-Half per Cents.,
The Southampton has arrived from Melbourne
with 86,0001. in gold.
The following memorandum is from the Com-
mittee of Mexican Bondholders :
The Committee of Mexican Bondholders have received
advice@ from Mr. Whitehead, dated Mexico, the 4th ult.
He had been unable to nuke any progress in anythioq, the
government being so entirely a orbed in the difficult
task of finding means to get through the day as to
be in no condition to attend to him. The Etiolate of the
'led ult. says :—" It is no Iroger penury, it is distress, it is
no longer bankruptcy, it is hideous misery," and the leading
government papers already bogie to talk of another suppen-
Alen of payment being a matter of necessity. Raising supplies
by laying on taxes nobody seemed to think practicable
under the present system of government, and the
general opinion wan, that without foreign interven.
Lion the country was in serious danger of felling
anundor under such a state of the finances. All
the duties in Colima np to November next bad been
anticipated to defray the expenses of the Tepic campaign,
and this after the assurances of the government so
lately given of their having lamed strict orders
to all the collectors to comply scrupulously with the
decree of the Zird of January, 1857. In abort, everything
remained in a very unsettled state, and the government ap-
peseed to be unable to put down the scattered reactionary
bands under Megia, Marquez, Vecario and others. Cuptain
Aldham was going on as well as could be expected.

Foua o'Csoce.
Consols closed without any change, being quoted
94 to I, both for money and the 9th inst.
The steamer Tyne, from Brazil, has arrived at
Southampton with 104,0001. in specie.
The letters by the Brazil mail bring deplorable
accounts of the loss of life and property which
has been occasioned by the fearful earthquake
in South America. 11 was generally imagined
that the statement in the telegrams that 7000
persons bad perished in the town of Mendoza,
in the Argentine Republic, was an exaggeration,
but the accounts now to hand show that the extent
of the calamity at that point has not been over
stated, and give rise to the fear that further intel-
ligence of a similar lamentable character may yet
come forward from other quarters. It would
appear that this earthquake was inferior
in violence to none recorded in history. The
private letters state that "the city of Mendoza is
no more," and the number of persons who have
perished there is varioualy computed at from 6,000
to 7,000. The loss of life was probably rendered the
greater by the circumstance that the earthquake
was preceded by a remarkable storm and by a hot
rain, which drove the inhabitants into their dwell-
ings for shelter. The governor escaped. Already
a disaster only inferior in importance is announced
from another town, the greater part of San Juan
having been destroyed, and 3,000 persons being
reported to have been killed. San Juan is situattsl
120 leagues to the north of Mendoza, at the
foot of the Andes. The shock was felt with such
severity at Cordova, 150 leagues from Mendoza,
thet the church was thrown down. It was also felt
on the same day (the 20th of March) and hour, but
without any serious effects, at Buenos Ayres. As
the earthquake appears to have come down from
the direction of Valparaiso, or its neighbourhood,
considerable anxiety is felt for the receipt of further
accounts from that quarter, the news by the present
opportunity extending only to the 15th of March,
when attention was chiefly directed to the great
mercantile failures.

Holders of Buenos Ayres Bonds, and all inter-
ested in the commercial progress of that country,
will be glad to learn that Senor N. de la Riestra
ban again been offered the portfolio of Finance.
I'. is to be hoped that he has accepted it.
In the Liverpool cotton market on Saturday,
owing to the news from America, there was little
disposition to sell. The transactions, however, ex-
tended to 20,000 bales, and prices experienced
a fresh ripe of id.
Messrs. Nicholson and Stone, warehousemen, of
Cannon-street 'West, have stopped payment. The
amount of their liabilities is not known, but is
not supposed to be large.
The following is the circular issued by Messrs.
P. Hava and Co. :
London, 7, Lothbury, LC., May 4, 1561.
Gentlemen,—After mature deliberation and consultation
with our several friends we have bees advised that we shall
best .4vanco the iuterests of our creditors by at once sus-
poodle( payment; and, although such a step is most painful
to our feelings, we have determined on adopting that course.
We have accordingly requested Messrs. Coleman, Turquand,
Youngs, and Co., in whose hinds we have placed our affairs,
to prepares statement of thorn, to be submitted to a meeting
of our creditors at as early a period se possible. Soliciting
your kind forbearance, we remain, &c., P. flays sod Co.
At an adjourned meetin of the creditors of Mr.
Joseph Bull, of Ravensaale Ironworks, North
Staffordshire, just held, it was resolved to wind up
the estate under the private arrangement clauses.
A special meeting of the Great Western Railway
Company is called for the 17th instant, to approve
thirteen bills now pending in parliament, some of
which are of an important character.
An extraordinary meeting of the Caledonian
Railway Company is called for the 21st instant,
at Glasgow, to consider various bills now pending
in parliament, some of which authorise the con-
struction of branches by the company.
The fourth ordinary general meeting of the
Madras Irrigation Company is called for the 30th
instant.

A general meeting of the Eastern Bengal Railway
Company is convened for the 28th instant.
An extraordinary meeting of shareholders in the
London Joint Stock Bank is called for the 30th
instant, to elect a director in the room of Alder-
man Sir G. Carroll, deceased. Mr, G. T. Brooking
is a candidate.

The annual meeting of proprietors of the lonian
Bank is called for the 30th inst.

SATURDAY Ermuntn.

Consols, which closed yesterday at 911 to for
money and the 9th inst., opened and closed to-day
at the same quotation. For the June account the
last price was 92 to 1. The official business report
is as follows :—Three per Cent. Consols for money,
911, 1 ; ditto, for account (May 9), 91i, j ; Three
per Cent. Reduced, 90 ; New Three per Cents.,
9%, 90 ; Bank Stock, 234, 232} ; indigo Stock,
226 ; ditto Five per Cent. Stock, 1011 ; ditto
Scrip, 101{ ; ditto Bonds, 165., 18s. die.
The Indian Five per Cent. Stock was quoted
1011 to ; the Five per Cent. rupee paper, at

93j to 941 ; the Five-and-a-Half per Cent., at
100 to i ; and Exchequer Bills, 6e. to 3s. die.
India Bonds were fiat, and were marked 18e. and
16s. die.

The foreign stock market was quiet. Turkish
Bonds, however, were firm, and left off 1 percent.
higher than yesterday, the Loan of 1854 at 71i to
72, and that of 1858 at 561 to 571. Mexican Bonds
were heavy at 23 to 4.
Bank shares to-day were steady. There were
inquiries for London Chartered Bank of Australia.
In the miscellaneous share market no alteration
occurred, with the exception of an improvement in
Great Ship to ss. toils. Bd.