The Express.
London, England, 1848-03-22 00:00:00

abaretiolders and emditons Mike appear to place entire confidence. A
call Imo been made upon Melt share of 100 m. (not 2,000 m., Os be
stated erroneously in our .ununuty), as atm a demand from each
proprietor for a compulsory loon of 20,000 n. It to expected that the
answers made to these rolls will be such as to enable the committee
gradually to meet the liabilities, and ultimately tare emnething from
the sore& for the shareholders also. The lan amounts represent the
Mee of conmeicial stairs to be as gloomy as ever. "Money is to be
had," m) a one writer, "but confi.enoe is not."
Enduing* la still at l-11 to 1-111 for document bills at de months'
eight; Baring's erralito. I.
to 2. At the export warehouses
420,000 r. hare been miranced on goods under hypothecation at 1.10.4.
The amount drawn by the East India Company on the &noel Ties-
airy by this mail is 40,5131. 4s. 9d.
BANK or BEIWAL.

.....•..,...............
DISCOVNT.-011 frOrtllllllellt 2COrptances (3 months)
Oa private Dina
lirrrassr.—On deposit of Company's paper
On mit credit 11000WItS
~. Si ..

Transfer stork paper, 5 par 44;4:. . ---
9 oto 10 preen.
Boatel, 5 per cent 3oto 4 die.
Old Steel 3 per tent, scondlog**akena 3 oto 4
New Con pony's 5 per cent.............- 0 sto 1 ~
Third 4 Biiiroo.
New Conspony 4 ditto l4 8 to 15 „
Baralloaass.
__
...
. -

Benpl Bask —(Co.'
s ra. 4,000) 2,300 to 2,550 prem.
Union Bank Co.'. ra. 1,000) to
Agra Bank
Oriental Bank .'s rs. 1,000)* 140 to 130 „
North-Western Bank CoCo.'s ra 300) 100 to 130 ~
• 500 rw paid up.
?suer. or
Sycee silver, Co.'s rupee, 100 p. so- wt.Beuaow, rec.
104 oto 101 10
China gold bars par sa. wt. l6 12 17 5
08d dust
„
Spanish dollar. per 100 219 14 220 6
Mexican ditto
Sovereigns
11 0 11 1
Madras gold mobs=
Old gold mohunt 2l 4 21 5
~
Tonnage has been nearer, and eagerly taken up u It offers. Freights
hare consequently advanced; our present quotations are:—To Lon-
don, saltpetre and sugar, 01. 10s. to Gl. 13.1.; rise, 61. 15r. to W.;
Indigo,
brintio.—The buyers of this article have since oar last minced a de-
gree of ranee, which diminished the oompetition in the bidding.,
and caused the' priers in must instances to rule 2r. lita. to sr. lower,
thereby bringing, particularly the pod and One qualltica, and the mid-
dling low consumers, to u par with London October tales value. The
transactions since our lust were confined to public sabre, at 'which
20,171, chests were put up, but only 1,926 sold at the undermentioned
rates the proprietors partly refitting to submit to the reduced offers.
SCUAIL —The demand has been falling off, and though the best qua-
lities are from their scarcity firmly maintained, buyer. are less eager,
whilst they decline transactions in all the lower sorts, even, sown
offered at easier rates.
.

SALTI....—A fair hominess Imo been doing in this article, and no
inconsideralge part of it 'or the Betish markets, at fully previous
rates for the better kinds in low refravtioas and good colour, and a
decline of IL far the lower qualities.
Rica—The inquiry for this pulse remains unabated, and full pre-
rims pricer, are freely paid, sad, with the large supply, not less wil-
lingly accepted.
Samoans.. -The growing crop is represented to be less forward
than usual, but, notwithidanding, promising a fair average outturn
if the weather should be favourable for another month.
Row Slur.— Nothing worth notice has lien done in this article.
The stocks remain email, and there is no disposition on the part of
buyers to operate.
COVll..—Nothing has been doing here in this wool. Prices in
China has fallen 4 to I mace lower, Bengal cotton being quoted at
7 twin 4 mace toy taels ri mace.
_ . . .

. .
Oen:v.—The third wile of the wneon Wok place on We 24th ult.,
and pursed otr tonruidly ut reduced rateis with the following
results:—
•

........ . -
Chevt.s. Average. Proceeds.
Behar 1,820 860 5 0 1,56.5,775
Bemire. 781) 81r. 8 1 639,875
Since th• receipt of the lot .deices from China, where Modea are
reported small, a alight advance has occurred, shippers feeling more
confidence in the drug. . .

Bongsv.—Since the despatch of last mail the gate our market has
remained much the same as fur the fortnight before it had done. No
improvement has made its appearance in prime, either for import
or export goods, owing to the great pressure on the money market ;
and cash continues very scarce. Business, however, has been done
during the fortnight to some extent, but at lower rates than
during last month, for cotton goods and cotton wool; while
for metals, full prices have been obtained as formerly, and remain
'dearly. Since the despatch of net mail, the prices of Oriental and
Commercial Bank Shares have falen otf fl per cent. We quote to-
day the former at 1 per cent. prom., and the latter at 9 per cent Om
We ran hardly expect a better demand fur three or any other Kock,
in trade until the money market become. caster. The steamer,
with the tendon mail of the 7th January, which 'rived on the even-
ing of the 9th instant, having brought accounts of a better dem:mall
for cotton wool existing at Lome, has produced some (Beet un our
• market for the Maple, and also OD tonnage.
TONNADE.—Freight ito Great 'triter* has advanced since our last to
41., at which rate engagements have been freely made; and to China
15ni. per candy.
EMENANOLD.—Exchanges on England, six months' sight, is. Old. ;
three months, Is. 91d.; one mouth, Is. nil—Ulm are the banks'
rates; and for bills secured by chipping documents we quote le I old.,
at which rate some transactions have been done. On China, 210 m.
per 100 dole. The rate on Calcutta has advanced since our last for
Company'. draft—ray eight, per cent. premium; 30 days, 991 re.;
and 60 days, Iffirs. for private bilis.
Carron Yuan and Woottaixo coctinue to be neglected and dull. •
Nothing has been done in them.
hirrug—Copper.—There has been a steady demand for sheathing,
brasiers, and raised bottoms, mut they have advanced 1 rupee per
cwt. The price of tiles and American remains at the former quota
dons. Bolt Copper.—None in the market, and a good inquiry afer
it. Swedish and English Iron hail Mat, round Lied square, sheets,
Hoop. Nails, Steel, lead, Spe.ter, Quicksilver, Tin Plates, red and
white Lead, remain much the AMID as our last report.
COCIIINVAL.—We have heard of no aides to report, and the price to.
day may be quoted at 41r. per lb.
DAFFIION.—We have heard of no sales since our last, and the price
I, nominally 14r. to ler. per lb.
Corrox-Wool.—Since the despatch of last mail the prince hare
somewhat fallen off, and the business of the fortnight was limited in
amount, at the following rates, until the evening of the 12th. Since
then they have risen 2r. per candy. We have heard of purchases of
some parcels of this staple being made within these three days. of
Broach sat Jumboorwer at from 70r. to 72r., and of Dhollera, 6 Ir.
to 70r. ; and 300 candies Oomrawuttee, at 10r. to 71r. by native
shippers.
OPIEN.—A slight alteration has taken place since our last. We
have heard of purehaeea having been made during the lortnight of
upwards of 100 chests, at from 970 r. to Mr. per chest.
Maness MONET MAERET.—Our market confiners may. We have
no change to report since our last. Government securities maintain
their value, with scarcely any variation. Bank of Madras shares have
fallen considerably consequent on the low rate of dividend declared
for the half-year ending Inv. 31 last, tieing 5 per cent. per annum.
Fastonv.—The rate of freight, as will be men below, are looking
down. Cargo is much less plentiful than it was a few weeks ago, and
vessels End difficulty in Oiling up, both with deed weight and mea-
surement goods fur Great Britain.