The Express.
London, England, 1851-04-21 00:00:00

1,000!., at 395. and 625. prCm.
The business in the foreign bonds is upon a
moderate scale, but prices are firm, and, where any
change has occurred, it is, in nearly every instance,
in au upward sense. Portuguese Bonds are better
to-day, though not extensively dealt in, and the
price of the tour per Cents. has rallied 1 per cent. The
publication of the committee's advice relative to Ve-
nezuelan Bonds has directed some attention to them,
and the price is looking up. Russian Four-and-a-
Half percents. have been again inquired for, and have
attained a higher figure. Mexican Bonds, however, are
an exception, being rather weaker than they opened.
The day's business list is: Brazilian Old Five per
Cent Bonds, for account 30th April, 89. Danish
Five per Cents., 102. Dutch Four per Cent.
Certificates, 901. Grenada One and-a-Half per Cents.,
17. Mesicun Bonds, 35: ; ditto for account,
t. Portuguese Five per Cents., 39;
ditto Five per Cent. Converted, 1841, 34!; ditto
Four per Cent., 33 ; ditto for account, 33. Russian
Four-and-a-Half per Cents., 991.. Spanish Active
Five per Cents. for account, 191, • ditto Passive,
51; ditto Three per Cents., 391. Venezuela Two-
and-a-Quarter per Cents., for account, 33, 321.

BATt•EII.\T EVENING.
While the earl• partof the week was very busy in
the English stock markets on account of the receipt
of the dividends, and the number of reinvestments,
the latter part has been slack. business having been
susvended for the Easter and the Hebrew holidays.
k rom the committee of Spanish American bond-
holders, we have received the following:
The committee of Spanish American bondholders have
received from their agent in Venezuela, Mr. Lord, a letter
dated La Guayra, 10th ult., in which he states that a mes-
sage has been communicated by the President of the re•
public to congress, recommending, in urgent terms, the
appointment of one or more diplomatic agents, to represent
the republic in Europe ; and that u decree of the executive
has been issued, ordering anew the distribution of the cus-
toms revenue.

Mr. Lord further states that he believes the decree above
referred to has been occasioned by a strong remonstrance
addressed to the Venezuelan government by her Majestyis
Charm', d'Affaires, on the subject of the misappropriation of
the funds set apart for the interest on the foreign debt.
Mr. Lord adds, " 1 may observe that the present is
a temporary measure only, and will, I expect, be super-
seded by other and fir more stringent measures by congress,
to go into operation on the Ist July next. The second pa-
ragraph of the first article of the decree orders the restitu-
tion of the sums appertaining to the portion of revenue
assigned to the public creditor that were, last year, made
use of by government for other purposes. The messaget in
its third paragraph, makes pointed reference to the foreign
creditors of the republic, unit states that one of the especial
objects of having a diplomatic agent in Europe will be to
explain to the creditors the actual position of the republic,
and to convince them that Venezuela rs disposed to do all in
her power fur the appreciation and satisfaction of the just
rights and claims of her foreign creditors."
The decree above alluded to is being translated, and will
he published.
'rho discount market is unaffected at home and
abroad, and the general tendency seems in the abun-
dance of money and high prices of stocks to lower
rates. Every one, however, is looking out for the
effect of the 1-:xhibition and the opening of the busi-
ness season. Rates of money and of discount re-
main unaltered.
Foreign rates of discount may be quoted as fol-
lows:—Adelaide 23 per cent.; Amsterdam, 2 per
cent ; Antwerp, 2 to 4 per cent.; Bourbon, 6 per
cent.; Bordeaux, 4 per cent. ; Brussels, 4 per cent.;
Calcutta, 11 per cent.; Ceylon, 9 to 10 per cent.;
Copenhagen, 5 per cent. ; Frankfurt, 11 per cent.;
Hamburg, 1!, per cent.; Havre, 4 per cent.; Iluvun-
nab, 8 to 9 per cent. ; Madrid, 6 per cent. ; Marseilles,
4 per cent.: New York, 6 to 7 per cent.; I'aris, 4
per cent.; Peru, 21 per cent.; Philadelphia, 6 per
cent. ; Rotterdam. 2 per cent.; Rio Janeiro, 7 per
cent.; Trieste, 4". to 4; per cent.; San Francisco, 30
per cent.; St. Petersburg, 51 to 6} per tent.;
N'alparuiso, 12 per cent.; Vienna, 3 per cent.
The accounts of the Bank of Englatul again pre-
sent a considerable reduction in the bullion, partly
on Cape account ; but we have already explained
the reasons for which we attach no importance to
this circumstance. We consider the period cannot
be fur distant at which the imports of bullion from
Paris and New York must set in, from the latter
more purtieularly, as there is no longer an internal
demand for the southern markets. It is to be further
observed that the whole amount of bullion held in
public establishments in the United States is rela-
tively so small that the continued supplies from Cali-
fornia are likely to create an excess.
In reference to the Cape exports we cannot but
express our surprise that so much gold bullion should
have been sent there, particularly on government
account. As the local demand is only for temporary
purposes five-pound Bank of England notes would
have done just as well, and they could have been
more easily and more readily returned to this coun-
try in due course after the war. In all these colonies
there is a constant demand among the small store-
keepers fur Bank of England notes for remittance,
and we believe they would circulate at a premium,
the more particularly as they have a preference over
small and doubtful bills for remittance.
The accounts of the National Bank of Austria to
the Ist April, show the following results :
Bullion £3,700,123 Increase £273,101
Discount
Circulation
This exhibits a great improvement on the last return.
Besides the amount given above, the Austrian
government paper money in circulation on the 28th
February was:
In cash drafts, bearing 3 per cent. interest £3,0.13,969
Treasury notes bearing no interest 7.197;292
Hungarian notes 5,466,8.32

Total public paper mane; £15,780,002
Of this the National Hank holds 5,153,150

Leasing in circulation 610,654,803
As compared with the circulation of paper money
before 1848, this shows an increase of 12,000,000/.
to 13,000,0001.
The coinage of small silver many from 1848 to
1831 has becu :—Six kreutzer pieces, 1,872,229/. ;
one kreutzer, 355,5821.; total, 2,227,792/. This,
however, is so insufficient to meet the requirements
of the public, that small paper has been issued to
February, 1831, to the following extent :—High
Dutch, 654,965/. ; Hungarian, 803,622/. ; total,
1,400,587/.
The accounts of the Bank of Portugal to the 31st
March

_ give the following results :
Bullion £335,460 Increase £34,800
Discounts
Advances on security 59,283
Bank of Portugal notes 172,720 Increase 122,600
Bank of Lisbon notes 464,010 Steady.
Deposits 336,840 Increase 17,340
The accounts of the Bank of Oporto to the 31st
March are as follows:
Bullion
Discounts
Deposits 99,837
Circulation
The bullion market is as last reported, and no
material change has taken place anywhere. The
lowest stock is in this country, the supplies brought
in being relatively small, and readily taken up. The
markets in Western Europe arc fully stocked, and
there is little demand, except for Austria, and it is to
be expected, as the markets of Eastern Asia