The Express.
London, England, 1852-08-17 00:00:00

MONDAT EVENING.
The unsettled appearance of the weather, and a
rise of 34. to 4s. a quarter in tho price of wheat to-
day, had a depressing effect on the market for public
securities, but though weaknen was apparent
'throughout the day, the decline in prices was not
material. The bulk of the business in Cnisols was
effected between 941 and 994, but just before the
close there was a time purchase at 991, and the
market left off, according to the official account, at
99 to 1 for money, and 991 to for the Nth Sept.,
being a shade worse than they closed on Saturday.
The difference between the rates for money and time
bargains, however, was not so much as an eighth.
Some anxiety was expressed to learn the news by
the American packet, but there were no tidings of
her arrival up to the close of business. The list of
actual transactions stands thus :—Three per Cent.
Consols, for money, 99, 98:, 994, 99 • ditto
for account, 991, 99, 1. Three per Cent. iteduced,
991, 1, 1. New Three-and-a-Quarter per Cents.,
1021, 7, ;,103. Bank Stock, 226, 223. Indie Stock,
276, 277.
xchequer Bills have fallen Is., a movement which
is confirmatory of our intimation that money is in in-
creased demand. The March bills are worth 735. to
765. premium, and the June 695. to 725. premium.
India Bonds are flat at 87s. to 90s. premium, with
little doing.
Business in the foreign house was chiefly in con-
nexion with the settlement, and prices exhibit little
change. Mexican Bonds are looking up, being last
marked 25Z, although in face of a flat market. Pe-
ruvian Actives were done at par. There have been
a few transactions in Venezuelan Actives at 41 to 411.
The business list is subjoined:—Brazilian Old Five
per Cent. Bonds, 1021 ex-div., and Buenos Ayrean
Six per Cents., 73, 73, 71. Dutch Two-and-a-Half
per Cents., 631, 64; ditto Four per Cent. Certifs.,
981. Granada One-and-a-Ilalt per Cent. cx Dec.
P 49 Coupon, 211, ditto Deferred, ; Mexican
New Bond. 231, 23, 25:. Peruvian Actives, 100;
ditto Deferred, 391, 1, 39. Russian Five per Cents.,
120,1; ditto Four-and-a-Half per Cents., 1041,
Sardinian Five per Cents., 511 1, 1. Spanish Pas-
sive Bonds, 5/ ; ditto New Defe;red Three per Cents.,
21: ; ditto Committee's Certif., 2; per cent. Vene-
zuela Throe-and-a-Half per Cents., 41,1; ditto for
account, 411.
London and Westminster Bank shares have been
dealt in at 324; Crystal Palace, 41, I, .1.; Peninsular
and Oriental Steam, 85; ditto, New, 36; Royal
Mail Steam, 80. There has been considerable de-
mand to-day for shares in the new Victoria Dock
Company and the London Chartered Bank of Aus-
tralia. The former opened at 1! to II prem., and
closed 21 to 21 prem.; whilst the latter advanced
from Ito 11 prem. The high position in the market
held by the shares of kindred institutions naturally
leads to an appreciation of these new and useful un-
dertakings.
Notice has been issued from the Spanish financial
commission that the redemption of the Indemnity
Bonds, amounting to 600,0001., will he forthwith
carried out, at the rate of 60 per cent., in accordance
with the convention of 1828. Friday, the 27th inst.,
is the first day for presenting the bonds for exami-
nation.
From Paris we learn that the Council of State has'
just approved of the new statutes of the Orleans
Railway Company, authorising the division of the
shares. It is expected that the issue of the new cer-
tificates will take place without delay.
A call of 18s. per share has been made by the di-
rectors of the Eastern Steam Navigation Company.
Hamburg letters received this day mention that
the continuance of showery weather was beginning
to cause uneasiness relative to the crops, although it
was generally thought that, as yet, the damage is
but slight. The corn market, however, was excited
and advancing, upon the strength of purchases for
English account.

A very remarkable illustration of the power for
good enjoyed by the governments of Great Britain
and France, when they unite their energies in the
attainment of one common object, is afforded by the
position of the mission despatched by these two powers
with the view of throwing open the waters of the
ltio de la Plata to the commerce of the world. The
accounts from Buenos Ayres and Monte Video are
sanguine that a successful result will be attained by
the mission ; and if so, there will be an immense de-
velopment of the trade with this rich tregion, not only as
regards England, but also embracing France, the
United States, Holland, Belgium, and Germany.
Another cue in which the joint interference of the
two leading European powers will probably be soon
exercised, is that of Mexico, and very great benefits
arc to be expected, both commercially and politically,
should the contemplated interposition be attended
with a satisfactory result. In the Express of the
4th inst., we mentioned that the government of
Louis Napoleon had it in contemplation to propose
to the governments of England and the United States
a plan for bringing about a firm and solid govern-
ment in Mexico, with a view to raising
that naturally magnificent country front the
state of prostration to which it has been
reduced by long continued maladministration. We
hear that it is further proposed to invite Spain, Bel
glum, and Holland to take part in the measures that
may be deemed necessary, so that in fact the project
has the appearance of a general Congress of the chief
commercial nations of the civilised world for the die-
cusion of Mexican affairs. Wo have &ready stated
that the initiatory propositions in this case have come
from France, and the plan proposed by Louis Napo-
leon's government is based as follows :—First,—fo
declare, on the part of the respective powers, that
they have no desire, either severally or collectively,
to appropriate to themselves any pnvilege or advan-
tage, whether of a commercial or territorial
nature; but that it is their wish to see a
stable and firm government established in Mexico
such as would enable the country to fulfil its finan-
cial and political engagements, and thus do away
I with the just ceases of complaint which are continu•
ally arising in consequence of the weakness of the
executive and the general administrative prostration
of the Republic. Secondly, that the several powers
have no desire to dictate to tho Mexican Republic
the means by which this result is to be brought about,
but proffer a strong suggestion that a good under-
standing between the executive and legislative would
be the best means of promoting the passing of those
salutary laws and reforms which would bo generally
acceptable to the people, and would powerfully tend
to the revivification of the Republic. Thirdly, that as
the Tehuantepec route will inevitably form one of the
principal channels of communication between the At-
lantic and Pacific Oceans, and is therefore a point that
should engage the earnest attention of the Mexicali
government, the Republic shall at once make that
route available. With this view it is proposed that
a commission be appointed, and the assistance
of eminent engineers, native and foreign, called
in to report us to the best means of constructing this
line of communication, and the expense; and that
when a plan shall have been decided on, and ap-
proved by the commissioners, the powers shall gua-
rantee a loan sufficient to carry it out, on the tinders
standing that the transit duties levied shall be
applicable to the payment of the interest sad
redemption of the principal of the debt. Such I.
the brief outline of the scheme as at present
proposed, the bearings of which, as will
readily be seen, are not merely of national
but of cosmopolitan importance. Explanation of
the motives of the French government in making the
primary movement in the matter is readily afforded
when we consider that the claims of French retinas
on Mexico are very large ; that they have been
heavily mulcted, for instance, by the iniquitous pre-
valence of two distinct tariffs, one in the northern
and the other in the southern ports of the Republic;
and that French firms carry on a large proportion
of the European trade with Mexico. Considering
the importance of the commercial rotations existing
between the two countries, the President's govern-
ment would doubtless acquire great popularity