The Express.
London, England, 1847-01-09 00:00:00

MONEY MARKET.

FRIPAT EirilN(l.
The funds opened with an apparently promising
appearance of improvement in prig. s. Consols upon some
purchases advanced to 931, and till a short time before the
close of business were quoted 931 to 1. A sudden change
then came over the market ; heavy sales were made down
to 93i, and the quotations on leaving off were reduced to
931 to 1 for money and the opening. To account for this
altered state of things it wu reported that the French funds
had come lower 1 per cent. by pigeon express. It was
generally understood too that the twin firms of
capitalists in Paris and this city were sellers, and had been
quietly for some days past. The particular connexion by
which those houses are habitually followed became sellers
too, or, as in Stock Exchange phrascoolgy it is ex-
pressed, the Jews were sellers. It has been suspected for
several days past that the capitalists referred to have been
operating in that direction here, and from the Paris papers
and correspondence it may be gathered that similar impres-
sions prevailed with respect to the operations carrying on
there. This turn of the stock-markets comes inopportunely
for the bank of France, and may perhaps tend to aggravate
the embarrassments of its situation. For that establish-
ment is generally a considerable holder of public securities
both on its own account and as against advances to other
parties.
Uth, r stocks have not followed the fall in Consols. Re-
duced Threes were 94 to 1. Three-and-a-Quarter per Cents ,
951 to 1. Long Annuities, 9 13-16 to 1. Exchequer Bills,
Ils. to 14s. premium.
The letter of Santa Anna in disapproval of the ratification
of the conversion contract by the late Minister of Finance
in Mexico was not considered to be so strongly expressed,
on perusal to-day, as to justify the extreme view of it first
taken, as an unqualified repudiation of what had gone
before. The bonds therefore rallied somewhat upon this
I understanding, and were tolerably steady at TM to 1.
Chilian were 95 to 7. Spanish Fives, 261 to 4; the Threes,
361 to 1. Portuguese, 37 to 8. Dutch Two-and-a-Half per
Cents., 591 to 1 ; the Fours, 921 to 3.
Foreign exchange was rather lower to-day—on Amster-
dam, Rotterdam, Hamburg, and Vienna, and higher on
Lisbon; the rest as before. On Amsterdam the rates were
12.21 to 3; on Rotterditrn, 12.3'; on Hamburg, 13.9 to j ;
on Frankfort, 1201 to 1 ; on Pans, 25.70 to 7.5; on Vienna,
10.3; on Naples, 401 to $ ; on Leghorn, 30.40 to 4.5; on
Madrid, 351 to 1, all at three months. On Lisbon at 53 to
1 at 60 days.

BANK or F.NOLAND.=Aworut for the Week ending Jun. 2.

Notes honed 128,238,260 Government Deb& £11,013,100
Other Securities 2,984,9,0
Gold Coto an A Bullion 11,7116,770
Haver Bullion %MAO
£28,258,260 £215,239,260

D
ProprietorsTapltal C14,553,i 00
Dolt
Public Deposita On
etodieg Evolioquev,
Savings loaka. Com.
oolosioiters of Natal.
Debt, awl Div. Acid 9,990,624
Other Depodts 7,903.939
7 Day te other Bin 901,139
£36,818,379
Jan. 7, 1847.

srearsimarr,
Government Securities
(including Dead
Weight Annuity)... 212,426,262
Other Securities 13,071,620
Notes
o.ld sad Silver 1.93,31/

,
KNOLISII
Bonk atork. 203 SP
3 per (.1. uea. Amite, 83j 1.16
3 per Ct. Console war.. 33 p
New 33 pre Coto. Lam. I
Lop, war , Zap. Hl Jos., lOW 11
Camels ter seeerast, He 1 Nlpe

06,818,379
L. MARSHALL. Mel Costlier.
itrNDs.
Lon, Am e 4.„ SO yrs., Esp. 1.111 Oct.,
1639,111111 i
Ex. 14.115. 1,0004, 1444;11-14
Dilta,/1004. 11.14 ~ ,
Do. m 011,11.14

4 per Ct. atlllanliosas:96
per Coat. llkeine, 11W, an
Mtto Acta, Jae. 14, 2/4
I per Ct. Spanish !toads, Ole. frau
Nov. 1840, IP
LICHANOES AND
Yoe
Mosey.

►UNDS.
4 per Over. Perteplem.Atert., 474
2b per C. Date tre.eltaxge, If OWL,
641
4 per ut. Ditto CRY, N 1111

'Far Aerowist

Pious, J.

___..
,Ogsalai. 3110.7• L Laws Oudot
7 per c.a.. as a I N ae7 79 77 79 7$
6 1/.. . INN I 115 36 INN 115 IN Ile SS
44
4 Do. . • a
Relilta 1,11 M /Ns • . .
D. 4, IPAL WI I " • • 0
D. I. . • • pp ..
no. 11. . . I.
143.144 Ramie. 14 30
Room. Lou 1003
Torsoory Bowls
Book 50471. 1130 . ~ .
Ihiclaact as lamb. s3O 4473, 21:70.
Do. D. (00 7717), 77 274.

MENICAN LOAN CONVERAION.—Merers. Schneider and
Co. have been pleased to communicate to us the following
domments : _ _ .

TWO,IATION.-116, Excellency the General, charged with the
supremo executive power, has been pleased to determine that you
immothstely resume the agency of the republic in London, receiving
to dot effect from General Don Joss Mn Mender*, the documents,
=liand everything else relating to said agency, which you may
' dadvered to hint under the orders trananitted by the former
Pant, led that you continue in the discharge of the duties of the
alaaoloian in the same terms and under the tame coalitions
sad Iriroutior which Tou previously had, without, In this reryspttte
nehlos the Moot variation: on the understanding that the
bin an, with Means. Manning and Mackintosh, of this
ctur,• of the partial Interested In the new bonds
lessod Lod" relative braid bottle, and the OCOMIII y orders being
lama fir dr giaireg of the tint dividend, in conformity with maid
Yea may proceed to announce the pm meat a the
wild= mai carry the norm into effect at the appointed time.
Emstr a/ Iseellenc r 1 communicate thin to you, and transmit it
to Ow. Illeedon, for the corresponding object. Gild and
Liberty:Adobe, Oet. aa. 114110-T4 Z.
Messrs. John outrider and Co.. London.

Thommorsoit.— 11.1.1", OF IMANeg, b/ATION I.—Under thin date
I say to lien. U. Jose Ma Mendoza, the Mexican charm! d'allairew,
arUt follows : —His Excellency the General entrusted with the ou-
preme meatier power has examined very carefully and ocrupulously
the very important Medium of the conversion of the Mexican debt in
the of London, and the creation of the new eon,olidoted fowl,
In virtue of the contract entered into in this capital, on the
!ith of March last, between the supreme government and Meese.
Manning and Mackintosh, stud the oubsequent contract reLiting to
the payment of the dividend.; and weighing well all the difScultim of
thla very important affair, which omen /renter and greater under
eve rolled for the credit of the nation. both al regards the war
whicivit so motainlng against the American invosioo, the heavy remon-
aibiliVen which press upon the public trensury, than which especially
welch upon the tobacco revenue, and which is specially undo Liable
to the payment, if the converoion of the debt i, complied with in all ito
rart•—iMli thin, when the blockade obotructs our port., deprive. tr. of
all receipts of duties from the maritime eictoni.housee; and when
we road need all our revenue.. 1110 Excellency consider% that the
meeting of the national ooverrign conger* being so near, having been
appointed for the oth liecembq next, the final determination of this
matter ought to be referred entirelv to Ito decielon; and he boo deter.
mind to so accordingly, handing over all the particular', Rioting
thereto. IJe Excellence doubt, not that the national congresn will be
animated, as he himself Is, with the most lively drone of giving a
nod:doctor, Woe to this bustnne, which may demonstrate the coo-
otant good faith of Mexico ; and that, as far an may be In her tower,
and the mmect afflictive cirmtmotanoca may permit, she will exert
herself to appear by her acts as frank and loyal as her cluiroeter and
intentions always have been. In elating turn to von, by supreme
order, for your information, I protest to yogi the iowuranceo of my
coniddemtion and esteem. And I communicate it to you by order of
his said Focellency the General, for your information. God and
Liberty' Mexico, Nov. to, 11441.
London.
Menem. John Schneider and Ca,

The conduct of Messrs. Schneider in the business of the
conversion, and acting in the N. imriou.chsructer of agents for
the Mexican government, needs not to be impugned, and may
be readily susceptible of justification. With Mean. Man-
ning end Mackintosh the case is entirely different. They
were, and are, agents in Mexico for the bondholder,. How
can they reconcile their proceedings and their duties as soil
with loan speculations on their own account, by which the

ie're;a7l7,lo7i;el—er.--the hickiei Grose string. I engaged with the prisoner in that system of plunder.' ‘'
I with loin speculatious On their ;wit ucceent, h, which the I 47.74"Trre7;5•heetet and ketihgttl. 4;1;1 ;7r not- .-in7rtiln" st Zre.1.“..;:"A1i;r;.."74777 *a"
"Y
""r4".
Er." 7.1 7‘.1 a5."11'..73.f7r."r":74.2"g•
•